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

Willett & Gray's sugar circular for
March % gives the following statistics
concerning the sugar market:
THE WEEK.-Raws, unchanged. Re
fined, unchanged. Net cash quotations
are: Museovados, 3.53c; centrifugals,
403c; granulated, 5000. Receipts, 80 391
tons; MEETINGS, $4,000 tons. Total stock
in four ports, 191, 129 tons, against 1856, 7SS
tons last week, and IA, 297 tons last year.
Beet sugar quotations, f. o. b. Hamburg,
IS 0$4d per cwt. for IS degree analysis.
First marks German graduated fob.
Hamburg, lis Pad, equal 4.90c, New York,
duty paid.
Estimated afloats to the United States
from Cuba and West Indies, s., 900. tons
Java, $1,000 tons; Hawaii, 81, 900 tons; Eu-
rope, 5000 tons; Peru, Demerara, etc i,
$4,000 tons; total 10000 tons, against 49,
600 tons last year.
Statistics by Special Cable.-Cuba: Tie
six principal ports-Receipts, $4,000; eN-
ports, 1880; stock, $4,000 tons, against
1888 tons last year; centrals grinding,
149, against 107 last year.
Europe: Stocks in Europe, 1,551, GOO tons
against 1,567,000 IONS last week, and L.
440,034 tons last year. Total stocks OF
Europe and America, 1,934,129 tons,
against 1,926,73S tons last week, and L.
y
dates and 2,393,0S5 tons at even date of
March 1 last year. The excess of STOCK
is 233S59 tons, against an excess of 233, 10
tons last week, and a deficiency of S6,JS3
tons December q, 1900.
Raws.-As indicated last week, the bot
tom price for raw sugars was undoubted-
ly touched at &c per pound for centrifu-
gals. Only a moderate amount of offer
ings have been put on the market this
week at the 1-32c per pound basis, all
of which were quickly taken by refiners
and more wanted. One cargo for Boston
was placed at slightly higher level. II
would seem from the Cuba cable this
week. which shows decrease of 1000
tons in receipts from last week, although
the same number of centrals are grind
ing that the height of the Cuba crop has
been reached and that from now forward
reduced receipts will be in order. The
visible crop of Cuba has now reached
434, 663 tons, which is an indication of at
least 100000 tons total crop, notwith-
standing the probability that many fac
tories will finish grinding early. At the
same time, the planters having been as
sisted to some extent by the speculative
buying which appeared at 4c for centrifu-
gals, are able to show a firmer DISPOSE
ton and to decline offers which it was
expected a short time ago they would be
obliged to accept. If they have actually
reached the point where they can afford
to remain firm, in their pretensions, then
there would seem to be little reason to
expect but that the market for Cuba
sugars will respond to the higher prices
maintained in other parts of the wor-u,
and resume with but few transactions
the normal parity OF lac per pound
for centrifugals. 1t may take some little
time for this result to appear, but the
action of the market this week shows 1t
to be quite likely before very long. In
the meantime several importers, not be-
ing satisfied with present quotations,
have passed their sugars into warehouse
to be kept for an expected advance.
Refined has remained unchanged during
the week, under fair to good demand
on the hand to mouth basis, but does
not yet respond to the firmer tone in
raws. 1t must, however, do so as soon