The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1902-05-17
H'LLETi & GRAY

! wiIlett * Gray's circular of May l has
the following summary of the market:
Four Ports NIarkets-Sales at New York
l-April 29-15GO bags Cuba centrIfugals. in
port. basis 50 deg. at 12ic. G, and f.; 5000
bags Cuba centrIfIgals. spot. basis SO deg.
} 1-l6c landed 1880 bags Cuba centrifu-
/ gals, to arrive, basis SO deg, at 7-16c
| and molasses. basis 50 deg, at . 11-16c eX
ship; 600 tons English Islands muScovados.
an port. basis 50 deg, at 15-16c. landed;
725O bags San Domingo centrifugals. spot
and To arrive, basis SO deg, at 7-i6c. eN
snip; 1880 bags San Domingo molasses.
| spot and to arrive. basis SO deg, at 1I-16c
ex snip.
April $4,000 bags Cuba centrifugals
afioat, to Philadelphia, basis 90 deg. at
l3-l6c. c. l. f.; 1900 bags Cuba molasses.
| afioat to Philadelphia. basis SO deg, at
5-16c. c. i. f.; 1900 bags English Islands
muscovados, on spot, basis So deg, at
I6-16c. delivered.
May 1st-i4472 bags San Domingo CEN
trifugals, i'll port, basis 96 deg, at SIC.
ex ship; 100 bags San Domingo molasses.
in port. basis SO deg, at CSC ex ship.
The Week-Raw advanced 1-16c. Refined
declined .05. Net cash quotations are:
Muscovados, &c; centrifugals, S50c: gran
ulated, 4.46c. Receipts, 1920 tons Melt
ings. $1,000 tons. Total stock in four
ports, 134. 105 tons. against 115.S95 tons last
week. and 1872. $50 tons last year. Beet
per cwt. for IS per ct analysis, equal to
356c for SO per ct test centrifugals at New
York. First marks Germans granulated
f. q. b. Hamburg, rs 92ld, equal 15c. New
York. duty paid
Estimated afioats to the United States
from Cuba and West Indies. $4,000 tons;
JavaS i4.Op0 tons; Hawaii, 21.O00 tons:
Europe. 25.Oo0 tons; Peru. Demerara etc.
5000 tons; total 1l4000 tons, against 49,
600 tons last year.
lot, IL =
is light and the supply very small. Fine
Austrian, 40 asked. For import Dutch
Granulated, prompt shipment. 9s Cd, G.
and +. Fine Austrian granulated for
prompt shipment. Ks 1OI.d. c. and I.
This weeks summary of the statistical
positions show stocks in the United States
and Cuba together of Jos tons. against
522. S95 tons last week and SSS.Oes tons last
year. an increase of 16S,Oo6 tons over last
year.
six principal ports: Receipts, 2sOOo tons;
exports. TS00 tons: stock AZ, 600 tons.
against 1920 tons last year. 121 centrals
grinding. against - last year.
Europc-Stocks in Europe 2.7O1. 900 tons !
against l.9Si.Si9 tons last year Total
stocks of Europe and America 1851 los |
tons. against 2.S22. 9iS tons last year at the !
same uneven dates and 3.4s7. so tons at the |
even date of March l. 1902. The excess of |
stock is SSi.i5I tons, against an excess of |
oNfstff IONS last week. ana an excess OF 4
81. 6S3 tons January l. 1902
Hamhurg-i500 tons sugar shipped to |
America. l0ol0 tons engagements. 200 |
tons refined shipped.
Raws-The market has shown some
Improvement during the week under re-
view. with. an established advance of lis
To sc per H.. centrifugals having been
sold To Philadelphia at SIC for 96 deg |
basis. This price was also paid for New
York delivery. at the close. but only one
cargo was obtainable, holders generally !
skiing higher prices. The Improvement |
s mainly owing to the near approach of
he season of large demand for refined |
sugars which necessitateS the refiners Sc |
curing larger supply of raws. while the |
cuban market thus far remains closed to
hem to any large extent by reason of the |
ielay in Congressional action. This de-
ay, however, should be approaching it's
md. as a spirit of Cancellation is increas- |
ne in Washington. which may at any
moment result in the passage through
10Th Houses of simple bill for reciproc-
~ with Cuba. on basis of 20 to % per |
ent concession in duties. without any of |
he amendments added to the bill in its |
'assagc through the House. This seems |
quitable and just to all parties concern
d and no industry of the United States
viii suffer thereby. The Republican lead
rs declare positively that some bill for
'uba reciprocity viii be passed before
djournment.
European markets have been firmer dur
1g the week. with advance Of Sd. closing
IS Sd for beec sugar. equal to 3.5sc for
deg test centrifuEals at New York
COFFEE.
Cohee-During the week under review, |
he coffee markets have been declining
nth they reached the lowest quotations |
Tar this year, subsequently, however, I
somewhat. due to purely spec
lative buying.