Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1904-10-14
wlLLET { 6RAY'S REPORT
on GENERAL SITUATION
COMPARISON OF WORLDS PRO.
DuCTioN WITH ESTIMATES.
MARKET STILL VERY
FIRM.

September 30 says:
| RAWS.-The markets for the week
under review. have still been under
the influence of the latest estimates
for the European beet crops. This 10
especially true Of the European mar
kets, which not only have advanced
above our parity for beet sugar, but
also for cane Java sugars, making II
practicable to sell the latter for
Greenock delivery in preference to
the nighest obtainable price here. Our
rc6ners do not yet appear to realize at
It's value the meaning of the deficient
beet crops. and while having present
large arrivals remain unconcerned as
to their future supplies. Under these
circumstances, business In Javas for
arrival has been restricted to such of.
ferings as could be obtained on basis
of 4hc., duty paid for 9G' test, wn..e
sellers az the current spont quotations
OF 5.16c. have to wait market. wnIcn
' will come later on. The strength OF
1 the market is indicated by the sales
at 4hc. of sugars not due to arrive
until late November or December.
European markets closed last week
at los. ND. for beet, So analysis
rose to 1is. I'D, deemed to los.
MD, and closed this week at lis.
2hd., a gain for the week OF Sd. Cane
sugars In European markets also
made an advance Of AID. for the week
With but slight offerings from Cuba
at 215-l6c., c. and T.. basis 90 test.
equal to 45l6c. landed, for 90 test.
interest centered In Java sugars, of
which sales were effected, including
one small steamer cargo at breaI<wa.
ter to the Federal refinery at lis.
l0I5d., C. 1. e., equal to I.29c. landed,
for g6o test. also two cargoes. afioat
due to arrive within a fortnight at lis,
Cd. G. 1. {. thc.), and two cargoes for
September. October shipment at lis,
7iad. c. and {. (4hc). At the close the
Federal accepted a sail cargo, due To
arrive about November LIST, at lis. Cd.
&c. T. f. HhcJ.
The cargo of $500 tons Javas. now
on the way, which was diverted to
Greenock. was sold on parity of lis.
~ "a. C. 1. T., to New York.
The quantity of unsold Jayas aloat
Is now very limited. and the lowest
price asked by holders Is lis. lOi.d
for September shipment, while for su
gars nearer by, sellers demand IFS
c. !. I.
New crop Louisiana. Cuba and De
merara sugars were not Offering this
week. but all of these crops will begin
early, and will soon be on the market
The Cuba crop is ended for the sea
son, grinding having ceased, and re
naming supplies from that source
will be very small.
Receipts for the week were again
heavy. amounting to G4,902 tons, Will,
requirements for MEETINGS were $4,000
tons, and stocks increased to 1896
tons, against Iio,4 G2 tons last week.
Stocks in the United States ant
Cuba together are l79,46i tons, agains
32S,665 tons last year.
Receipts from this time, for som,
weeks. will probably average less thar
the requirements for MEETINGS, ant
stock will gradually decrease.
STATISTICS BY SPECIAL CABLE
Cuba-The six principal ports: Re
ceipts, none; exports. 12,SvV, stock
1900 tons, against l5o,vvO tons las
year.
Grinding has ceased.
i~.s weeks summary OF the stats
teal position shows stock In the Unit
cd States and Cuba, together of 179,
36i tons, against l63,f62 tons las
week and 32s,665 tons last year, a de
crease OF ..1.SVl tons from last year
Europe-Stock In Europe, l,O22,OO'
tons. against l,3s6,lS3 tons last year
Total stock OF Europe and America, !,
2Ol,364 tons. against l,7l4,Sro ton
last year at the same uneven date
and 3,722'fso tons at the even date o
Jan. LIST, 1904. The decrease OF stool
Is oiS,fSi TONS against decrease o