The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1902-09-09

Welch & Company writing from a
Francisco to their local correspondents,
Castle & Cooke, with reference to the
sugar market, under date Of August
30th, say in brief:
Centrifugals-There has been no
change in the price since u last ad-
vices; and there is very little of inter-
other than that holders are not dispos-
ed to yield anything. On the other
hand, the market being quite well sup
piled and with sufficient supplies in
sight for the near future, buyers are
not very anxious. But two sales have
been reported since our last, viz: Aug.
tons to arrive 33sc.
Granulated-There is no change in
price.
Beets-Have f~luctuated but a little,
closing at slightly reduced prices.
A. S. r. Co.'S Stock-We give you
below the closing quotations day by
day:
August 2srd, $1S2%, $12O1z; 25th, $1SSas,
pIAI, Hoti, p1oAr4s @lG1s Atll, @loG1St Y1A4
2Sth, 1882, $121; 18th, $131h, 1922.
FROM WILLETT & GRAY.
The Week-Raws declined 1-32c. to
I1-16c. GRADUATED unchanged. Net cash
quotations this date are: M~uscovados,
2.S75c.; Centrifugals, 3.375c.; GRADUATED,
4.41c. Receipts, 94,376 tons. Meetings.,
10, 900 tons. Total stock in Four Ports,
1877, 515 tons, against 14S,139 tons last
week, and 190,616 tons asst year.. Beet
Sugar quotations, f. o. b., Hamburg, 6s.
2Ad. per cwt. for So deg. analysis, equal
to 3.54c. for SO deg. test Centrifugals
at New York. First marks German
GRADUATED f. o. b. Hamburg, rs. sgd,
equal to 4.14c. New York, duty paid.
Estimated afoats TO the United States
from Cuba and West Indies, As, 600 tons;
Javas, 240, 600 tons; Hawaii, Is 1000 tons;
Europe, 5000 tons; Peru. &C., 10000
tons; total $4,000 tons, against 335, 900
tons last year.
Spot Foreign Granulated-The de-
mand is light and the supply moderate.
Fine Austrian, 4.4Oc. asked. For import
Dutch Granulated, prompt shipment,
9s. 41ad. c. and f. f1ne Austrian Granu-
lated for prompt shipment, IS. 101ad.,
C. and f.
This weeks summary of the statis-
teal position shows stocks in the
United States and Cuba together of
9S2,515 tons, against 426, 139 tons last
week and 27S,0S0 tons last year, an in
crease of 104, 435 tons over last year.
Statistics by Special CabIes-Cuba.-
The six principal ports: Receipts, 5000
tons; Exports, $4,000 tons; Stock, 245,-
900 tons, against S7,464 tons last year.
2 Centrals grinding, against l last year.
Europe-Stock in Europe, 1924, 900
tons against 715, 101 tons last year. Total
stocks of Europe and America, 2.006, SIS
tons against 993, 1S1 tons last year at
the same uneven dates and 2,61O, 949 tons
at the even date of July 1, 1902. The
excess of stock is LOIS, S34 tons, against
an excess of 1867 1893 tons last week,
and an excess of 556, $50 tons January /,
1902.
Hamburg-2,00 0 tons refined sugar
shipped to America. 1000 tons freight
engagements.
RaWs-The week under review opened
with a rather easier tone on sales at
S3sc. for SO deg. test C~entrifugals, 2%c.
for SO deg. test Muscovados and 25sc.
for SO deg. Molasses sugars, showing a
decline of 1-32c. to Lie. This reaction
was u to the indifference of refners
who have large supplies on hand and
ahoat, n to the reluctance on the part
of holders to risk the expense of storing
their sugars. There is no probability,
however, of any great quantity being
put on the market and pressed for sale
in the Immediate future and, notwith-
standing large arrivals are expected
during the mex few weeks. the indica-
tons are that uch unsold sugars as
may come in can be readily placed on
oasis OF 3ssc. for 90 deg. test. Holders
Oh sugar in Cuba are not Offering free
~, as they hope to do better than the
last price obtained, which was about
l 9-l6c. c-sand f.. basis "a deg. test. A
steamer cargo of Javas, for August,
has lately sold at SIS. c. and f., equal to
S'4fc. duty paid for Sc deg. test. This
cargo will be due to arrive in October.
Sellers are now asking IS. 115d. c. and f.
Tor August-September shipment. A
large part of the Java crop will be
shipped, unsold, in sailing vessels for
"hlcn charters have been made to the
extent Of 10000 tons. These sailers
should arrive in February, March and
April ext year, when they will COM
pete with the next Cuba crop.
Inc European market ruled quiet and
steady during the greater part of the
week, but closed frmer at an advance
OF &d. per cwt. The Improvement there
IS due partly to the exceptionally cool
ana air weather experienced in the
principal sugar beet districts of Central
Europe, where a spell Of dry. warm and
sunshiny weather is needed, as recent
tests show that the crop has fallen off
IN weight and saccharine COMPARED
with the crnnr nf IL. r,.L