, 1866-09-18
SUGAR.


the abundant stocks of Sugar, and the
favourable reports of the crops, render
purchasers extremely cautious, aud little
business has been done in the market
during the past week. These causes are
undoubtedly sufficiently weignly, and
such as TO impress the necessity of eau
ton on all prudent buyers. At the
same time, the price Of Rlw Sugar is
low, and it is questionable whether any
thing short Of some violent cause, like a
fresh monetary panic, could deprpss it
much further. While the present state
of affairs continues, no improvement can
of course be looked for. The Raw Su-
gar market opened very fatty, and has
continued dull throughout the week.
The sales have been much below the
average, and while good Grocery Sugar
realised full prices, lower kinds, in some
instances, were sold at a decline of cd. per
cwt. There have been few public sales,
and the quantity on offer privately has
been small. Some Por.o Rico, chiefly
suited for refining, was offered at auction,
but the whole was bought in at full
prices. There are three public sales Of
Raw Sugar advertised for rex week,
COuSlSLLuS VI OOO MUS DdTDHuOS1 AZ
hhds., and 178 barrels ST. Croix, and 1913
hhds and 115 boxes Caba. The quanti-
ty sold during the week, afloat aud on
the spot, is $3.50 bags, 4,50O mats, 1,5I7
casks, and 3,O15 boxes and cases, or
equal to 1854 tons. These returns do
not include Fridays private sales.
Little business has been done in the
Refined market, and Slowed and Crushed
Sugars are again Cd. lower. In conse-
quence of the great demand for preserv-
ing, the common kinds were unduly en-
HANGED in value, and are still
lively dear, although in some instances,
they show a fall of Is. Cd. from the high
est point. That there is still room for a
further drop may be gathered from the
fact lin addition 10 the reasons formerly
mentioned) that the margin between the
highest and lowest Titlers is generally IS.
to 10s., while at present it only amounts
to IS. Pieces are not so plentiful as they
were, but are unchanged in price. The
Clyde market continues cheaper than
London. The market value of Bastards
and Molasses is unaltered.
The stock in the four principal British
ports iast Saturday was 222 400 tons,
against 198,7OS tons last year; the land
ings for the thirty one weeks have been
1927, 1869 tons against 800 500 tons the
duty paid deliveries 27e,2O2 tons, against
292,877 tons /; and the exports 9,151 tons,
against 1927 tons. These figures show
for the four ports a larger stock of 1862
tons, an increase in the landings for the
thirly-one weeks of 26,577 tons, a de-
crease in the home consumption of 4,675
tons, and in exports of 1907 tons, as
compared with the corresponding period
Of last year.
The late damp weather, says the Jour
nal DIES Fabricaats de Sucre, has been in
the highest degree favourable to the de-
yelopment Of the Beet. The root has in
creased in size most rapidly, and the plant
has q very thriving appearance. A good
average crop may still be looked for. On
the "0th Of June the stock of Cane Sugar
in France was 4O,495 tons, against 55.433
tons in 1865; that of Beet Sugar was
53,262 tons, against SO. LOG tons, There
was thus a surplus stock of 1900 tons in
France, Notwithstanding the large export
of Beet Sugar, and Q great diversion of
the usual Colonial supplies to other coun-