Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1904-12-24

ed, estimated about 100000 bags, for
January and February shipment. These
sales equal 7-sc. duty paid, and show
an advance Of 1-8c. over last prices
paid.
The Willett & Gray weekly report
of Dec. s says:
RAWS.-Just for one day during tho
week there was little weakness
shown in the market by reason of u
depressed condition in Europe, tenn
Iorarily, which caused the making OF
one sale of Cuba centrifugals. for
shipment, at slice. C. and T., for 81
degree test. With this exception. the
market has held firm throughout tina
entire week, and all business has been
put through on the basis Of 3.Sc. foI
96-degree test centrifugals, g. and f.,
which is maintained at the close, with
lice. to l.Sc. higher asked in in
stances forJanuary-February shipment.
The movement in Europe Is assuming
rather more conservative basis, and
the fluctuations are smaller than usu.
ally, on the advancing side. The con.
ditions have changed so much that our
correspondents cabled us today that
the market conditions are now heal
thy, that Is to say that frenZied move.
ments have come to an end for the
time being. This may mean, however
that the advance is somewhat checked,
and the market may remain for little
time on steady, conservative basis.
On the 10th, however, the so-called
factory estimates will be given out
and are expected to be reduced from
their previous estimates, which We
may mention, were below all other es-
Inmates thus far, and II still further
reduced will undoubtedly have an i'm.
proving tendency on the market, un.
less the effect is discounted in the
meantime.
MIR. +. o. LIGHT cables us that 1t will
be necessary to reduce estimates Of
the beet crops of Germany, Austria,
France and Russia, These forecasts
OF lower estimates caused an advance
in the beet quotations from 13s. s lid.
a week ago, to las. S Id. today. but
Il will be seen that there Is not yet a
full recovery of the decline from the
high point 14s. Cd touched on the
18th of last month.
From Cuba we learn that the crop
has started in with y,gOr, aud II cen.
tIals are now grinding against las,
week, some factories on the north side
being thus far prevented from start
ing up, in consequence OF heavy rains.
Although a further Increase Of tho
working of centrals VIII be reported
from week to week, and the produC'
ton grow larger constantly, yet, mas,
much as large salcs have already been
made by planters, beyond what they
may be able to conveniently ship with.
In the contract time, IL may prove an
incentive to withhOldinG, To some eX'
tent, further sales, until tree from
earlier commitment. II Is generally
proposed and looked for under condi'
tons which prevail at this time in tho
sugar market, that sugar will como
TO view from such parts OF the world
as do not ordinarily, under normal
conditions, make exports of sugar, but
thus far, with the exception OF a small
shipment from the Fiji Islands, recent.
~ reported, no new countries of pro.
duction are Offering sugars, although
II Is intimated that Indh is ready Ia
supply n considerable amount OF low
grade Jaggery sugars, should such be
asked for.
Taken altogether, the sugar sltua.
ton this week looks firm and healthy
in all directions without, however, an
anticipation of much further improve.
ment for the time being,