The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1920-07-16
BRAZILIAN SUGAR
CAUSES RIFFS IN
DARK SUGAR CLOUD

EDITORS NOTE, The following
dispatch was printed under Rich
mond date line Friday by Indian
apOlis paper.
Through the importation of a cargo
of sugar from South America by an In
diana wholesaler, there is a rift in the
sugar cloud that has threatened In
diana housewives and Gamers.
Recent dealings in imported sugar
have attracted considerable attention
in trade circles. Until a few months
ago imported sugar for table use was
practically unheard Of, and few man
ufacturers used it. It's merits are
now being recognized by Gamers and
housewives.
The w. H. Hood company, of Port
land and Richmond, recently bought a
cargo of Brazilian sugar which is be-
ing distributed to Indiana trade. The
cargo consisted of 100000 pounds Of
Brazilian cane graduated sugar.
Sugar Of Creamy Color
Brazilian sugar, according to w. S.
Wood, of the Hood company, has been
the most favored of any of the i'm
ported sugars, although many house
wives, he says, are prejudiced against
it because it is not so white nor fine
as the American graduated.
This sugar is more Of creamy col
or than white and according to gov
eminent tests, was found to be pure,
with higher sweetening quality than
American sugar.
In appearance it is unbleached and
it Is not so highly refined as Ameri-
can sugar. 1t has frequently happen
ed, sugar men say, that since the
scarcity Of American sugar, consider
able Of the sweetness is removed in
refining and is used in the manufac.
| ture of table sirups.
Shortage May Continue.
Sugar dealers say that the shortage
! in American sugar will continue for
at least another year, and that Porto
Rico, Brazil and Holland will send
| great quantities of sugar to America
| If this is not done, sugar prices in
! America will go higher, and the pro
duct become even scarcer than it is
now, they say.
Recent trading in Brazilian sugar
| for example, promoted by American
! interests, has had a tendency to les
| sen the demand for native sugars, anC
raw sugar has dropped considerably
| in price, with the result that eastern
refneries have been making large
shipments of sugar than they have fol
two years.
This anomalous situation, however
is not expected to last, due to the ex
traordinary demand for sugar for TAX
ing care of the enormous fruit crop.
Effect of Financial Conditions
Financial conditions are given a.
another reason for the present ca s,
condition Of the sugar market, an,
many jobbers are reported releasing
their stocks because it is impossible
for them to obtain money to conserv,
their holdings for higher prices.
The action of the federal reserv,
board in refusing speculative loans il
largely responsible for this, it i
pointed out
While many jobbing concerns ar
continuing with small stocks, other
are interested in sugar importation
as a trade saver. 1t is pointed on
that imported sugars sell virtually a
the same retail price as domestic su
gar.
1t is predicted by some sugar me,
that, in view of the increased deman,
for sugar, it is only question O
time until this country's sugar i'm
portations will be Quadrupled.
In any event, 1t is expected that til,
Brazilian importations will help saw,
the fruit crop not only in Indiana, bu
IN many parts Of the United States.