The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1918-04-12
new YORK MARKET
SILL IMPROVING
Deliveries For March About As
Expected But Shipping has
Another Set tack

NEW YORK CITY, March 81
Sales arranged for the week by the
International Sugar Committee were
light, as was to be expected from the
fact that practically al Of the Pqr-
chases of Cubas which the committee
planned to arrange for March have now
! been made, reports Facts About Sugar.
The total purchases OF Gubas for
March, including the sales Of approx
Ratcly 10000 long tons recorded this
Week, are now in excess of $4,000
tons. 1t is not likely that there win
be any considerable addition to this
figure for the remainder Of the month,
as shipping conditions will not permit
the movement OF larger amount
than hos already been arranged for.
In fact, IL Is now doubtful II even the
PCS, 600 tons sold for March shipment
can be moved this month, and some Of
this tonnege will probably not be NOV
ed until April. 'Fs',
In addition TO the purchases Of Gu.
brs reported, sales were made Of 81
900 bags of Porto Rieos and Q lot of
1000 bags Of Venezpelas afloat, the hat
ter being allocated TO the account of
Canadian refiners. For the reason
pointed out above il seems probable
ut this writing that only q few sales
for March shipment win be made dur
ing the balance Of the month and that
the committee will eonfne its aetivi-
ties during the coming week largely
to arranging purchases for April ship
ment 4 beginning in purchasing sn-
CARS in this position was made on
Tuesday of this week, as part Of the
900 tons Of Cubas allotted to New
Orleans refners is to come forward in
April
SHIPPING Has Set Back
The shipping situation, which showed
some improvement last week in 40 far
as actual deliveries were concerned,
has now received a setback which
makes it practically impossible for the
total March movement to reach earlier
expectations. This development l. re-
viewed in full on another page OF tbs
issue. The trade 10 closely watching
shipping conditions and; While natur'
ally disappointed as to the results that
.. will be achieved in the March move
ment of Cubas, is Of the opinion that
the prospects are bright for an improve,
ment in April that will Offset the March
deficiency.
Cuban cables for the week con
: tanned nothing indicating any unfav
) orable developments affecting the prog
; fess of the harvest. Production 4
apparently going forward at q record
rate end general conditions throughout
5 the Island as to weather conditions, thu
3 yield, and the labor situation are re
ported TO be highly favorable. Som
E reports have been circulated sugges
tive of the probability that the CubaI
3 crop may fall short of expectation
based on current estimates, but the I'D
Y vices received by the trade contain
g nothing that justifes any such specu
r 1ation as TO a decrease.
Refined Market Better
As o RESULT Of the freer arrival o.
raw supplies MEETINGS for the week b.
Eastern refners continue to shot
steady improvement oyer the weekl.
= averages recorded since the beginning d
! the year. For the week ending Marcl
l6 statistics show MEETINGS Of So 30
. ordinary tons and stocks on hand o
! approximately 81 ,SO7 tons. This fgur
. for MEETINGS brings the total since Jan
nary above 420yOO0 tons for Easter
= refners and compares not unfavorabl
u u with the 1917 record, which was some
u what in excess Of this year, output.
Taking the country as whole, re
y potts received from the principal dis
tributing centeFs indicate that refine
4 supplies throughout the country ar
q steadily growing in volume and tina
/: at an points where the stringency ha
been most acute considerable relief In
been afforded through the Increased dii
tribution of both cane and beet sugal