Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1904-09-13
CUBANS ARE REPAIRING
GOOD PRICES BEING USED
TO IMPROVE PLANTATIONS
REVIEW OF MARKET BY WiLLETT
& GRAY-LATE RAINS HAVE
NO EFFECT ON SHORT
GERMAN CROP.

Willett & Gray's circular for August
IS makes the following report on the
sugar market
Raws.-As anticipated by us, the
market has remained steady and firm
throughout the week under review,
with only q moderate amount of bust
ness done. Small lots a. they came In,
were taken at current quotations, tut
large cargoes, nearby, were not want
cd Meetings. continue heavy. being
5000 tons more than the receipts this
week; but big Java cargUes are now
arriving. one at Boston ana two report
ed at Delaware Breakwater, with sew.
eral vessels from Hawaii, nearly due
and Cuban sugars still being shipped
this way. so that the reilners are in q
comfortable position, us far as sup
plies are concerned, for the present.
Holders. however, are content to wait
until their sugars are needed, believ.
ing that It will not be long, and real
izing that the quantity of unsold sus.
airs, available during the next two
months, Is not large.
Sales reported include Muscovados
on the spot, at 3 1l.l6c., basis 50 test:
Demerara Centrifugals. for September
shipment, at 9-lGc.. c. and T., for 90
test, equal to 4Ac., landed, and Cuba
centrifugals, a1oat, at eye, c. 1. T.,
basis 80 test and 1850, c. l. T.. for
81 test. Spot centrifugals are held al
1Ac. for SO test, buyers to pay landing
charges. while Cuban holders are now
asking 2 l5-l6c., c. and T., for 95 test.
Javas are Offering at lis, C. and T..
for September. October shipment equal
ale. landed, basis sc test, and at The
same price for shipment June.July,
1906. The unsold Jayas shipped this
month are withdrawn from the mar
ket until buyers show more interest.
Beet sugars for shipment are offered
at lis. TO lis. 0Ad., c. and T., being on
parity of 4.24c. for 90 test cane sug.
ara
The European market has become
irmer and ~ d. higher for the week.
Notwithstanding the reports of rain In
certain sections of Germany.
The rain will, of course, be Of some
benefit to the crop. but. as It comes SO
late In the season, the gain cannot be
oil that is desired
II Is said that the estimate Of dam.
age by drought to the crop In Austria
is confirmed. Fabricants are buying
back sugar sold last May and paying
IS. per cwt. more for Il.
Cuban planters have lately intimated
that they might be willing to dispose
OF part of their new crop at around
2ssc.. c. and T., basis 90 test, for ship
ment December.February but no bust
ness Is reported to have resulted and
the planters are now inclined to await
further developments before they offer
the crop in large way.
Latest reports of the new Cuba crop
are favorable, but the paintings were
not much larger than those of last
year and there is no reason to expect
q heavy increase in the size OF the crop,
unless weather conditions favor an un.
usually long grinding season. The good
prices obtained this year have i'm.
proved the finances Of the planters and
they are now very actively engaged In
making extensive repairs OF machin.
cry; also improving and charging their
factories. One or two new factories are
planned. but none are actually building
al present.
Statistics by Special Cables.-Cuba.