Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1902-02-28

gar market which remains but with
little DEM ld with no special indica.
lions of any change for the present.
Grocers are carrying very light stocks.
A. s. Il. Co. and Messrs. Howell adj
vanced two pound packages Of gran
ulated Ave points today, the cost Of
putting up these small packages being
proportionately greater than the five
pound bags. There is very little, II
any, delay in shipments. The Ameri'
can are shading softs TO Offset the
extra / per cent discount allowed by
other reflners. Guarantees are given
as before.
European markets are quiet and
steady, with very little variation for
the week. beet sugars closing at Is
s lid against 6s Cd last week.
coFFEE-The large receipts con
tinue to be the feature in the coffee
markets and prices are declining as a
natural course. Seven months of the
crop season are through with Rio and
Santos receipts of 11,500,000 bags. The
visible supply for the world up to
February list is 1O,S94.OOO bags. The
total stocks at the eight principal ports
in Europe are now $4,000 bags. The
American visible supply is 2,325,OOO
bags. The stock in Rio is 100000 bags
and in Santos 1,25O,000 bags. This
means a plethora Of stocks which,
while ignored before, now force atten'
ton, since they have to be cared for.
There are yet Ave months of the crop
season. during which time II will be
much more difficult for Brazil to dis
pose of the balance Of the current
crop say 100000 bags, than II was
to sell the first 10000, 900 bags, because
practically all channels are filed up.
One report estimates the Rio and
Santos receipts during February at
fully $4,000 bags. This does not look
! like any material falling off in the
movement, but sooner or later there
must be smaller receipts, or otherwise
we must take a larger figure than 15,.
| 900 goo bags for the present crop. An
increase in the worlds visible on the
! 1st of February was something of a
surprise and of itself indicates That
while Brazil receipts have been heavy,
there is a fair movement Of mild crop
coffees. which from now forward will
increase materially and means further
accumulation of supplies.
II is reported there Is somewhat bet
ter inquiry for coffee on the spot, but
nothing in the way of general trade
demand II looks as If there will be
a dull, dragging trade for some time
to come, as buyers are admittedly full
ly supplied. Today's quotations arc
3 3.4c nominal for Rio No. and I-SC
nominal for Santos No. 5, regular store
terms. Cost and freight prices are
lower. but the business Is light and
the Brazilian markets tending lower.
Futures on the Exchange closed Al
$50 to $50 for February and 5.65 t
$40 for July. Last year: February
!. sos to $40; July. $50 to SIS; ant
spot No. I, &c nominal,
! Visible supply of world, in bags
February /. 1902. 19.S94,O93; Januar!
u. 1901. 1O,S7O,g $50; February 1. 1900
7.217.925.
Stock United States all kinds, il
bags-February /. 1902, 2,1S1 go; Jan
nary /, 1901, 2,l4S.27O; February
1901. 797,167.
Stock Brazils in New York, Febru
airy 5, 1,S3l.366 bags. Total Brazil
In the United States. 1,941 900 bags
J Total in United States, other kinds
! February /. z5S.693 bags. Deliverie
t for the week ending February 1, II
69i bags. against 64.749 bags las
] year. Receipts of Brazils for wee
. ending February ). 445.967 bags.