The Hawaiian gazette., 1918-04-05
Sugar Supplies For
New York Market
Increase Steadily
Shipping Situation Improved and
Dutch Ships May Be Used To
Move Crops More Rapidly
: From Cuba and Porto Rico

Move Crops More Rapidly
From Cuba and Porto Rico
NEW YORK CITY, March Is-Al.
though the volume Of sales for the past
Week was not quite as large as that .
recorded the previous week, q. fair
amount of purchases were arranged for
by the International Sugar Commit.
tee. They consisted of approximately
10000 long tons Of Cubns, $4,000 tons
Of Porto Ricos and 6OO9 tons Of full
/ duty sugars AG.i "' 40 ''.''''
Facts About Sugar Reports
purchases Of Cubas for March
4 shipment now arranged for totals about
4 $3.50 tons, and leaves another $4,000
tons TO be arranged for II the com.
| mittee's plan TO move 260, 900 tons Of
Cubas in March Is carried out. The
i purchase Of this small remaining ton
mage win very likely be largely com
pleted in the coming week. All OF the
purchases Of full duty sugars for the
week, us has been the ease for some
weeks past, were alloeated to the Can.
adian refners. s-, -. %"
ship Situation Better.
| The shipping situation continues to
show a. steady improvement and all
doubts as to. the March movement of
Cubas exceeding the tonnage of both
January and February have apparently
been dispelled by the favorable devel-
opments that have taken place during
the. week. The fact that the United
i States and Great Britain have notified
Holland Of their Intention TO take over
Dutch ships in American and Entente
ports on March Is unless the Neither
lands government is able to reach a
definite agreement by that time; ap
parently indicates that the, Dutch ships
which were assigned to the West IN
dian sugar carrying trade and later
withdrawn will be re assigned to this
service the coming week. These Dutch
vessels to the number of fourteen rep
resent fairly large sized carriers and
when again secured by the Joint Com
. mittee on West Indies Transportation
, will considerably facilitate the prompt
movement Of Cubas.
Dutch Ships Needed
/ + As the Dutch vessels in American
a waters aggregate about 100000 tons
4 Of tonnage, it lis not impossible that q
humber in addition to the fourteen
! steamers noted, above will he assigned
10 the committee as sugar carriers.
Should the Shipping Board also decide
not to disturb the tonnage allocatcd to
the committee to replace the Dutch
steamers when they were first with
drawn, Il would result In a marked
speeding up in the movement of raws
4 to the American market and shipping
prospects in event of such a happening
J would indeed present very bright
outlook. '........
Based on the latest figures obtain
a able II is now apparent that the for
= wafding of Cuban sugars to American
refining points is not only exceeding
expee citations but is even Of larger pro.
portions than was pointed out on this
page, in hast week = issue The total
,. tonnage so far moved from the opening
;, Of the crop season in December to the
y present date, plus the amount Of sugar
= now loading; is reported TO exceed
8 $4,000 tons. If additional steamers
n can be secured in the coming week
- to augmcnt the Tonnage already assign
y ed for the balance of March loadingi
70 the total movement of Cubas to the
J: United States should run well above
i, 800, 900 tons and permit the InternR
y tional Sugar Committee to. carry GU
y, it's plan Of acquiring a full 1000 tom
"a FOR March delivery.
Cuban crop Good
Z The week cables from Cuba con
tinue. to be as optimistic as they hav'
been every week for the past tw'
months. According to the most recen
estimates approximately one third o
the anticipated crop of 3,775,00O ordi
nary tons, as estimated by Facts AbOu
sugar, has been harvested. The wealth
r. er remains fayGrable and there is les
n complaint from the. producers concern
u ing the scarcity Of labor, and little IN
rest among the laborers, due to tn
:, high wages they are receiving. III
sugar yield is also giving general sal
.e isfaction, and, taking all the above In
70 TO- consideration it would seem tina
re the present Cuban crop season ha
ss rarely had its equal in the past as
by the favorable developments so far tt
~ corded or in facing such bright pro-
'ie poets as to the future. go
an There have been no developments Q
IT, importance in the refined market fC
nj the week. Slowly, 1t is true, but ne'
rt ertheless surely, sugar is becoming MOI
H. plentiful, and is more widely distril
en- uted than has been the ense for man
'ss months. - Eastern rehRers melting
~ continue steadily to mount each wee'
I'D and after the governments requir
On ments are taken care OF, mOderai
he volume of allotments are being ma6
lst to the trade. In the Middle West IN
by Southwest slightly freer movement
'v' Of beet sugar from the Western fa
I'D, tories is taking place, while in the Z.
Tut West and on the Pacific Coast amp
IN supplies are available.
Ike W. 9. s.
ida ~ z-aoS ,.,onu