Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1904-07-15
SUGAR kARk | Finn
WILLIE, { GRAY RtPUSt
IMPROVEMENT Ptrnah Mt
REVIEW OF BEET SUGAR coNDl.
TONS ON MAINLAND - UP.
WARD TREND is RE-
SUMED.

willctt & Gray's Sugar journal for
June 30 reports on market conditions
as follows:
Raws-The changed conditions OF
the raw sugar market. as noted last
week, have received further cOnirma
ton this week as regards the perma-
nency Of such improvements as then
noted. The business has been "a more
volume aud at full quotation prices OF
csc. per pound. cost ana freight, for
% test basis, and 3.4sc. per pound, duty
paid, for SO test basis Towards the
close Of the week which, by the way, Is
generally considered holiday week
for business, less disposition has been
shown 10 buy, and some sugars remain
still on the market that can be bought
at the above quotations Receipts.
however. have fallen so low for the
weekday 2l,222 tons, against 46,057
tons the preceding week-that the re-
newal Of purchases after the holidays
becomes matter Of necessity again.
as the Withdrawals for consumption Of
refined sugar are largely on the in
crease. and MEETINGS show correspond
week.
Total available stocks In the United
States are again decreased by 1878
tons for the week, aud even TO larger
extent II Cuba and the United States
stocks are taken together-say 3777S
tons reduction for the week, with
scarcely any increase os exports from
Cuba to supply the deficiency. Natur.
ally II now develops by our cable re.
ports that buying by refiners has ba
gun iu Europe, freight already being
engaged for 10 900 tons raw beet sugar.
A portion Of the European purchases,
whatever the amount may be Cestimut-
cd by some cables at $4,000 tons). ara
intended for the New Orlean rehneries.
These purchases are not yet IN sufil-
eieut volumes TO materially effect the
European markets, although. a change
for the better from the recent pessi-
nistic views of sugar contract holders
is to be noted. The trend OF this cam.
paign IL resumed on the upward side.
lava sugars are offered at 10 S. 31s d.
for July and July-August shipment, but
no business Is reported. Beet sugars
are Offering firm at IS. 9Ad.
Statistics By Special Cables.-Cuba.--
The six principal ports. Receipts. 5000
tons; exports. 2i,S00; stock, 15l 900
tons. against 340.740 tons last year.
There are centrals grinding against
4 last year.
This weeks summary of the statis-
teal position shows stocks in the Unit
ed States and Cuba together of 356,9s6
tons, against 394.774 tons last we,a NJ
C5S.967 tons last year, decrease Of
2ol.97i tons from last year
Europe in Europe, 2,l67,000
tons. against 2,193,664 tons last year.
Total stock of Europe and America.
s52s.996 tons, against 2,S52,G3l tons
last year at the same uneven dates and
3.722, 4S0 tons at the even date of jan
uary list, 1901 The decrease OF stock
Is 32S,GS5 tons against decrease OF
So0.5s2 tons last week, and an increase
Of 209,SS5 tons January LIST, 1904
Hamburg reports no shipments of
raw or refined to United States, but
1000 tons freight engagements.
THE BEET SUGAR INDUSTRY.
New American Beet Crop Servings
and Possible Weldon May 18th we
published a preliminary estimate of the
sowing. showing a total OF Pol 900 acres
which. on the basis Of last years out
turn. indicated a production Of about
$4,000 tons sugar, with the prospect