The Honolulu republican. [volume] (Honolulu, T.H.) 1900-1902, 1901-03-15
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PRICES OF REFINED SNOW NO
CHANGE m THE LAST
TWO MONTHS.
All indications Point to very Large
Yield Of Raw sugars This Year
Coffee Markets Abroad Are Show.
ing Firm Tone.

ing still quoted at 7-I5c and for export
5-50c
sasis.-February 9Th to Goth. nc
sales: 21st. not reported until 26th
cost and freight sale 500 tons at 4.22c:
ed to 25th, no sales; 26th, cost and
| freight sale. 1900 tons, at i.2Sc: sams
date, cost and freight sale. 200 tons. al
4.20c, and likewise. same date. to ar
rive sale. 1000 tons, at 43-16c; 9Th
not reported until March LIST, cost and
freight sale, 500 tons. at 4 1-S". es-
tablIshing basis for SO deg centrifu.
gals in New York on that date 4-125c,
San Francisco, 3.75c-
New York Refined.-No change in
prces since January 18TH. 1901. priSe
as previously quoted being on that
date $3.50. equal to 5.24c net. cash.
London seets.-February sth. 3s
sd; 18th to 18th, IS Sd; 20tn to 18th,
IS Lid; 5th. IS I'D.
Stock.-Willett & Gray report. Feb
ruary 2Sth, total stock N United
States four ports in all hands. estf
mated February 9th. 146,24S tons,
against 9,501 tons same time last
year. Six principal ports of Cuba. es-
timated February Goth. $4,000 tons.
against 1900 tons last year; total
stock in all principal countries Febru-
airy 2Sth. at latest uneven dates, 3
O45.24S tons, against 1893. 1922 tons:
increase over last year. 1850 tons
Total sugar crop of the world. estimat,
ed grand total cane and beet sugars
| to February 2Sth, 9.479.500 tons,
against S,426.945 tons last year; esti-
mated increase in the worlds prOduc-
ton, 1.052,55 tons.
Eastern and Foreign Markets.-Con-
siderable business was transacted in
the New York market throughout the
early part of last month in sugars
afloat, and later at concession for
Cuban centrifugals. March shipment.
On the other hand, however. reiners
have shown a Discrimination to pur-
chase spot sugars. Influenced, doubt
less. both bv weather conditions and
by their inability to handle the vari-
Gus arrivals that we're unsold, inso-
much as they were crowded with d.
rect receipts, the result being shown
in a great increase Of receipts over
MEETINGS and in the swelling of IMPORT
ers' stock The Impotence of sellers
of raw sugar to dispose Of their hold
ings soon became manifest, and con-
siderable business resulted In rcduc-
ton of prices abou, the 26.h Of Feb
ruary, but this activity was of short
duration, and latest reports under the
date of March LIST reveal hesitancy
on the part of refiners to. make fur
Their purchases at present.-Conse-
quently it looks as though concessions
would again have to be made in order
to encourage sales. The European
beet sugar market has been generally
featureless -lroughout the month with
slight fluctuations, and 1t is notewor-
thy that conditions abroad appear to
have exercised slight influence upon
the general trend of the market in
this country.
Earlier reports of large Java crop
appear to be confirmed by latest ad-
vices, and as bearing upon the situa-
ton in New York it is interesting to
note that Javas are being offered for
August and September arrival. but re-
finers are apparently unwilling to
make purchases. In Cuba a great
number of Centrals are now working
and evidently there is much cane to
be ground everywhere, and all indica-
tions point to the correctness of the
previous estimate of large yield.
New York Refined.-The quiet mar
ket continues with no special indica-
tons, as buyers are only ..-.ng imme-
date requirements, and are evidently
watching carefully the situation as it
develops in the raw sugar market.
coffee.-Stock of Hawaiians in first
hands today is 5165 bags. Quotations
have not changed since our last, al
though there have been sales reported
Of from poor to fair grades at from
5 1-2c to 3 SAC. Sales reported since
our last comprise 935 bags at prices
ranging from 1.2c to lac, according
to quality. Markets abroad are i'm
proving and our market is little
firmer
Rice.-The Southern market is even
stronger than our last reports. The
season is nearly over and most Of the
mills have closed. Estimated amount
of rice on hand. cleaned and rough.
is about 400. 900 bags. against CSC, 600
bags same time last year. We quote
Louisiana rice at 1-2c to lac. &C
cording to grade. Domestics from
Japan seed are in good demand. We
quota 8 SAC to SIC Imported Japan
in light demand at 4.65c, duty paid
Charters.-Few transactions have
taken place during the past month.
last small carrier at 1876 orders For
vessels of similar size near at hand
37-6 has been paid, and for May can
ceiling 1868. There is little business
doing at the North. owing to holders