The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1843-01-26
Foreign Markets.

HAvANA Jan. 6, l543-Sugar-The favorable advices
received from Europe by the packets OF the LIST and
November have led to considerable in sugar
AZ AZ to 69 for fair to good quality. The shipments are
1000 boxes to London direct l2,cO0 do to Cowss and
vessels will not be despatched before the middle of anu
ary and consequently these shipments appear but partial
IN 'ne export list OF ths month The stock now for
sale here and at Matanzas does exceed 5000 boxes
which is about equal to the stock carried at this
last year from the previous crop Our exports for the
year amount between this and Matanzas box
es to which, adding 600 do bought shipped
have $50 23l boxes the crop OF s42 against 6es 4s
boxes in ls4l and TOT $50 boxes in IS4O Our this
crop think will vary materially from this
The quality the sugar depends inherent
OF the juice but it is also subject the influence of the
weather during the grinding season. If favored
IN this latter respect the quality of the crop promises
be good all reports from the country agree that the
juice possesses greater consistency than for the
years. We have already sugar in the market and
more will arrive every day still the greater mum.
Der of estates the grinding has been delayed several
weeks hey ond the usual time is 10 be expected the
bulk OF the supplies, instead of February and March,
will only arrive March and April and that the ship
ments to Europe will be by much deferred. As vet
nothing has been done in sugars; ia probable that
the first supplies will be taken off gradually for the mar
kes OF Spain and the United States at higher than
the European orders warrant and before prices break on
level with their limits, considerable stock will first
have to accumulate in our markets The mprov d ma
chnery Tor the manufacture of sugar invented in France
and first applied to the beet root hrs year been trio.
on an estate in this neghborhood The result is highly
the cane yields more juice and in the boiling the
quantity of moasses is much decreased through these
by the ordinary process now in the quality OF
sugar is also better and considerable saving effected
boh in the time and labor required in the
The great obstacle to an immediate and general adoption
OF this improvement is its great cost which is far beyond
the means of the generality Of planters.
Cc6ee-Remains as last quoted. at Sc to H. according
to quality The stock on hand is not large, but the do
mand continues limited The exports to 633,6s7
arrobes in Is4 and 1876 arrobes in 1912; but this
year are likely TO be much larger
Moiassss-Of the new crop, arrives in small quantities
and sells at r. keg; equal to 1886 per gallon on
board par Two TO three cargoes in the of
shipment The exports Of the year TO- 27e
hhds against 100 5lo hhds. in IStl.
FreighsSomc eight TO ten vessels have been taken up
at ca 10 to G? Us I'd for Cowes and market Higher
rates asked by the few vessels left
and in consequence of the very large Gotten crop tn.
United States, led 10 think that reighs during
this season will rule considerably higher than the las,
two years
Erchanges--Continue extremely languid. On Lon don
the rates nominal at TO IL per cert; Paris per
cent disc New York and Boston per cent premium.
We look for low rates our exports begin in
consequence Of the very reduced state of import
trade Last years prices OF sugars have left us with
denct IN the value Of crop OF fully three millions Of
dollars as compared with tho average product although
THIS deduction from the ordinary income alls a
ps,sveiy small number OF community, the planters;
si as these also form the class of chief nlers the
smscts nave been most sensibly felt in diminished
ana low prices Of every description Of imports
No.W,nsahdng these difficulties and the large debt
whch the planters owe to wholesale dealers very
few failures have occurred amongst the latter and pay
ments continue TO be met with punctuality The bright
prospects before for sugar lead us 10 antc5a
revival OF Our import trade in OF this year
fRoN rHs UsIrgp STATES
Bsans-White, Dbl rs. a 8, sales; COED scarce
Be.f-No. I, O. prime and mess bill s. a O nlep,,
lerkel beel south Americanthe three cargoes hich
remained unsod ut the date of last viz spanish bri
Estrea, schooner Eliza and Pol Loreto have been dis
posed of Since then have had two srrix
The spanish brig Prudene, with 0.2O0 qqs which has
which has not been offered for sale. The stock on ship
board and in store reduced to about 700 qqa censs