Evening journal., 1919-07-30
DEMAND FOR SUGAR
iFARExCEEDSSUPPLY
But Refiners Catching Up
With Strike OF Marine
Workers Settled
NO DANGER AT
PRESENT OF SCARCITY

NEW ORK, July 30.-All the world
wants sugar. and there are virtually no
sellers. In the meantime the wards of
Uncle sam need have no fear OF a
shortage, as time was taken by the
forelock last fail, when arrangements
were made through the sugar equaliza-
tion board FOR the greater part Of The
Cuban and Porto Rican crops. and since
then purchases have been made in
other markets. Both Europe and Japan
are showing an urgent demand for
sugar. and have bid as much as full
cent a pound above the price at which
the equalization board contracted for
the present Cuban crop
A thorn in the side OF the re1ners re-
Gently has heen the long-continued ma
rino strike, but now that this has been
settled. it Is expected that conditions
viii soon get around TO normal again.
Ordinarily there would be less uneasi-
ness over such developments, as refin-
ers were accustomed TO carry several
weeks, while at present supplies are
only about a weeks MEETINGS. Arrivals
have been SUFFICIENT TO take care Of re-
quirements 10 date, and 10 Is probable
now that 70 viii not be necessary for
any OF the refining plants to close down,
as some additional ships at sea have
been ordered to Cuba for cargo TO take
place OF the vessels which were tied up /
at United states ports.
The domestic demand for refined
sugar is heavy and all renners are
heavilH oversold. Shipments are being
made "a all parts Of the country IN
record volume, but still some sections
report that they are bare Of stocks
This situation VIII soon he remedied,
however. and there should be no ap-
prehension Of a scarcity as there was
a year ago. and there is consequently
no reason for boarding by housewives.
The raw sugar is here or coming for
ward, but the reflners have been put to
it 10 turn out sufficient supplies to
meet the sudden heavy demand incl
dent 10 the hot weather, the big in
crease IN the output or soft drinks and |
the canning season In normal times
both wholesalers and iobbers have
bought in advance Of the season and
have carried heavy stocks 10 meet any
sudden demand from the retail trade,
but this year they held of on their :
purchases and let the renner carry the
bag
Thore Is no doubt, however, that there
VIII be a decrease in the deliveries Of
refined through the lack Of raw sugars
during the next few weeks. but the
government has stepped in TO aid the
situation by placing a 30-dsy export
embargo on refined sugar, which should
tend to facilitate the replenlshment OF
The domestic supply. The sugar equsli-
zation board has also purchased from
the War Department 100000 pounds
Of sugar which viii be sold immedl-
atcly TO The consuming public in varl-
Gus parts Of The country.
Charges have been made in Congress
that there is conspiracy among retail
dealers DO boost the price OF sugar by
refusing 10 sell more than two pounds
TO each customer, thereby making the
people believe that there is shortage.
George a. Zabriskie, president OF the
equalization board, with headquarters
IN New York, states that prices should
not exceed elVven cents a pound, and
hat there Is no need of boarding.
a feature Of interest during the last
week was the pressing demand from
europe and Asia on The United states
md Cuba for supplies Of raw sugar.
Tho price appeared 90 be Of secondary
importance Bids were made by both
europe and Japan as high as six and
'ne-half cents per pound T. o. b. Cuba.
which is one cent a pound higher than
he prices paid by the United States for
he Cuban crop last fall The effect
9 these high prices has been mate
tally felt in this market.
This newspaper carries valuable IN