Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1902-02-17

Leading and conservative houses now
figure upon about 100000 bags next
season, or say 100000 bags for the
two years. With results like these
the decline is natural and we see no
good reason for anything but still
lower values. The movement of tho
mild crops Is about to begin and will
compensate for any shrinkage in the
Brazil receipts, which latter cannot
continue on the present scale unless
the crop Is going to exceed the outside
figures now given. The real facts of
the present crop have gained the mas.
terry over the fiction regarding the
next and return to sober thought has
shown the markets were forced up ar.
tihcially and now the influences of
misguided bull speculation are utter.
ly incapable to control.
Trade continues very disappointing
and from what we can gather the
wholesale and retail trade are carrying
heavy stocks. Consequently the pros.
poets for improvement in the demand
In the near future are not encouraging
and we may see q prolonged dull sea.
son through the spring. Spot quota.
lions are about 3.4c for Rio rs ard
y roc lOT OdnlOS Ob' regular stoIt
terms. Brazil exchange continues to
go down and the cost and freight basis
for Rio No. today is about 1.2c.
Futures on the Exchange closed at
$40 to $50 for February and 5.S5 ia
$50 for July. Last year: February
$50 to $50; July, $50 to 5.55, and
Spot No. Z, lac, nominal.
Visible supply of world, in bags
Jan. 1. 1909, 1880, $50; Dec. I. 1901
1O.735,719; Jan. /. 1901, 7,560,345.
Stock. United States, all kinds, in
bags--Jan. 1. 1902, 2,14S,270; Dec. l.
1901 1,SS2.7S7; Jan. /, 1901, 1881 $40
Stock Brazils in New York January
20, 1,761 1854 bags. Total BraZils In
the United States, 1901 $3.50 bags. To
tai in United States, other kinds. Jan
uary 81, 254,112 bags. Deliveries fol-
the week ending January 25, 93,63C
bags, against 1853 bags last year
Receipts of Brazils for week ending
January 20. 123,7S5 bags.
DUTY ON CUBAN SUGAR-Tho
Ways and Means Committee have vir
tually concluded their hearings on the
tariff question. Cubans set forth their
claims strongly for free duty sugar
while the beet sugar men made pres
entation of their case for no conces
sion. President Palma of the Cuban
; Republic appears to stand between
, these two interests and recommends
! 80 per cent reduction in duties. Presi
| dent Palma has always taken a high
" and conservative stand In all Cuban
! matters and his opinions carry great
, weight with them. Concessions Of 81
| per cent would unquestionably benefit
the Cuban planter and unquestionably
, do no injury to the progress Of the
/ beet sugar industry Of the country.
5 NEW ORLEANS, Jan. 81, 1902
+ Suaar-Our market today ruled strong
Z with improved demand. enabling hold
3 ers to establish further advance o.
II Lice on all grades. Fancy Y c com
/. handing 3 25-32c to 3 1850, choice
{. 3 23-32c to 3 3.ic. Good prime, 2l-3.
o to 3 1l.16c. on prime 3 1890 e
IS 3 5.Sc. on Y. c., Sc to 9-l6c, and al
r. offerings moved promptly. Refninl
Il grades shared in the general firmness
IS refners' offers showing an advance o
r lice and while not strictly on polar
" cation, about equal to basis 3 7-l6c 70
IS 90 degree test Firsts. with 1l16
outside limit, but only in a small way
Z. and basis 2 5.Sc for SO degree ties
3. Seconds, the usual Lice up and lilo
e. down for each degree. Sales wer
Il effected readily, with some compel
2, ton from independent reRners.
NEW ORLEANS Thy telegraph
IS Jan. rs, 1902.-Granulated in barrel
t. and confectioners' A. advanced
e points; others unchanged.
r SAN FRANCISCO, Jan. "a, 1902
q. Very little doing. No change price
u since last advice. Quote: Granulate
4. (cane), in bags, 4.S0c; in barrel
Is 4.9Oc; beet graduated, 47Oc, with r.
y bate lac; Hongkong, 4.55c net.
e. CANADIAN REFINED, Jan. 2S, 1870
Quotations unchanged for the week
h now basis &c for graduated, Montrea
~ LONDON CABLE, Jan. 30, 1902
ss cane-Firm. but quiet. Beet, fri
/. and rather dearer.