The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1901-04-20

, as it becomes generally evident that raws
have permanently turned to the improv
ing side. Certainly there can be no de-
cline in refined, and the next change,
when it comes will be in advance. The
particular day of the advance is the only
question in doubt. 1t would be well to
carry a good line of sugars all the time
The American Refinery in New Orleans
was closed down on the 26th inst. for
cleaning up, but is expected to resume
operations in few days. 1t has abund-
ant supplies of raw and refined sugars to
meet requirements.
Receipts for the week were SO, 391 tons,
against 56,S07 tons last week and 1851
tons last year. Meetings. remain I'M
changed, and stocks increased 5,491 tons.
Stocks in Cuba also increased $4,000 tons.
Total stocks in the United States and
Cuba are now 1888, 129 tons, against $780,
236 tons last year, an increase of 122, 1893
TONS which will all find a good demand
during the campaign.
Several questions of interest are re-
ceiving attention in Europe at the pres
ent time, the principal one of which is
that relating to the doing away with
bounties. a convention with this object
in view is to be held in Brussels in
April and the results coming therefrom
are looked forward to with great inter-
est as the movement is one which, if
successful, will tend to make a revolu-
ton in the sugar trade. France has been
taking in hand the sugar SPECTATORS
who put up prices and brought about the
failure of several operators In 1899 and
1900, and action has been taken in the
French Chamber to pass regulations put
ting an end to such proceedings
Reports from the West Indies, outside
of Cuba, are quite satisfactory regarding
ha md pan n
sugars for the use of the United States
is secured. At the same time, the efforts
put forth by the refiners in Cancellation
of grocers and in encouragement of con-
sumers is likely to lead TO very con-
siderable increase in the consumption CT
sugar. In fact, all in the trade are doing
their utmost i'll this direction and there
is never heard, any more, complaints
from any source, of too high prices, or
too little supply of this general article Of
consumption.
A. dispatch from London reports that
the House of Commons Committee, in
charge of sugar interests, visited the
Foreign Secretary and urged the impo-
sition of countervailing duty on imports
of bounty fed sugars.
Sugar in Wall Street-Whenever the
stock falls below $40, as it has several
times lately, it has proved good our
chase for about points advance. Some
day 1t will stop breaking $40 and fiic-
tuate nearer $3.50, on the trade conditions
and its intrinsic merit. Investors are
tie largest holders of the stock and
decreasing amount of the stock for ma
nipulation on Wall street is evident from
week to week. Present harmony among
sugar and coffee interests assures stock
holders very satisfactory returns for
the current year, probably not in the end
limited to per cent.
Willett & Gray's estimates of cane SUI
gar crops, March %, 1901: United States
10000: Louisiana, 10000; Porto Rico, S.
600; Hawaiian Islands, 100000; 1S99-190O:
Louisiana, $4,000; Porto Rico, 35,0O0 Ha-
waiian Islands, 25S, 521; 1s9S-99: Louisiana,
245,511; Porto Rico, $685.; Hawaiian ISL
ands, 252, SOC; '1S97-9S: Louisiana, 1904
Porto Rico, $4,000; Hawaiian Islands, 2O4,-
$685.