Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1904-07-25
FOUR (tAI SU4AK
SALES MADE LAST MONTH
ABOVE FOUR CENT MARK
cUBANs ARE DEMANDING HIGHER
PRicES-REFiNERS DRAWING
ON THE EUROPEAN
MARKETS.

Willctt e. Gray's sugar circular for
June 30 reports as follows on the raw
sugar market:
RAWS.-The improvement noted In
the market since it's recent turn up
wards, remains permanent, as antlci.
pated, and. although the week under
review was interrupted by several hol.
idays, the moderate business which
has been done has shown that the
prices current last week are fully
maintained. while the volume OF offer.
ings is considerably reduced owing to
the less volume OF supplies in sight In
Cuba and elsewhere. with the eNcep.
ton of Europe. The necessity for
looking abroad for future supplies led
rchncrs, during the week. to make fur.
thcr purchases In Europe OF some 25..
600 tons beet sugars, for which freight
engagements are not yet reported
making the total OF purchases estimat.
ed 10000 to 10000 tons. Further pur.
| chascs in Europe must be made from
time TO time TO cover the deficiency
| which will exist In the supplies OF
cane sugars from other countries. and
to meet the increasing demand shown
Tor the refined product.
The reported business for the week
was of limited quantity and included
| 10000 bags Cubas at 3.y4c. for 90
test Centrifugals and 319c. for So
test Molasses.
Two sail cargoes Of Porto Ricos
were sold TO outports. the price gen
orally understood to be ic. This quo
tation cannot be obtained in this mar
kct at present writing. Some 10000
bags of Cubas for shipment were sold
at easc., basis % equal to Ace. duty
| ,,uid. for sc test.
European markets did not change
however. materially. in view of the
purchases made, which indicates that
a considerable amount of sugars will
be allowed TO go out without raising
the price to any extent. Beet sugars
opened at 9s. AID. and closed at 9s
! Cd. showing an advance OF liad. fol
the week. which has no significance.
| Cuban holders show tendency to de
mand further increase In price for bal
ance of their crop. and are quite likely
to obtain the same eventually. The fig
ures for the week show an increase II
receipts In the United States of IL 600
lOHS, NHllt ONlHS W lUt Huliuty Ntth
the MEETINGS are. temporarily. reduced
to $4,000 tons, leaving the total stocks
at 2l0.2S6 tons. against 2O5.996 ton,
last week and 32S.06l tons at CORE
spending time last year. In Cuba iiv,
centrals continue work with receipts
for the week OF 5000 tons and tn,
stock In the island reduced to 139 90,
tons, against $4,000 tons last year
The trend of the market NAV be con
sidcrcd firm aud slowly upward.
STATISTICS BY SPECIAL CABLE:
Cuba. The six principal ports. Re
ccipts, d,OoO tons; exports, -lJ,S0O
stock. 10000 tons. against 325 900 ton
last year.
There are centrals grinding agains
I last year.
This weeks summary of the stats
teal position shows stocks In tn
United States and decrease of 303
7I5 tons from last year.
Europe. in Europe. $4,000
tons against 2.20S,Oii tons last year
Total stock OF Europe and America, 2
5l9,2SG tons. against 2,SGl.lO5 tons las
year ut the same uneven dates an,
3.129. $50 tons at the even date of jar
list. 1904. The decrease of stock |
3il,Si9 tons, against a decrease O
32S ,G35 tons last week, and an increas
Of 2O9,SS5 tons January LIST, 1904.
Hamburg reports shipments OF 10
tons refined to United States. and n
freight engagements.