The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1905-12-20
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Statistics by Special Cables.-Cuba:
The six principal ports: Receipts, 5000
tons; exports, 1890 tons; stock, $4,000
tons, against 1850 tons last year. Grind
ing has ceased.
This weeks summary of the statis-
teal position shows stocks in the Unit
ed States and Cuba together of 301, 624
tons, against. 31S,455 tons last week
and 1870, 305 tons last year, an increase
of 71,319 tons over last year.
Europe-Stock in Europe, 1885, 900
tons, against LAST 900 tons last year.
Hamburg reports shipments of 200
tons refined sugar to the United States
this week.
Visible Supply.-Total stock Of Eu-
rope and America, 1.9S6,624 tons,
against 1857, 3O5 tons last year at the
same uneven dates and 2,756,29 tons
at the even date of Jan. 1, 1905. The
increase of stock is 399, 319 tons, against
an increase of ,679 tons last week,
and q decrease of 1,005, TAO tons January
/. 1905. Total stocks and afloats, to-
gether, show visible supply of q
O5O,624 tons, against 1,702,305 tons last
year.
Raws-The weak under review has
shown much activity in the raw sugar
market with continued frmneSs in
quotations. but without any marked
improvements Quite a large business
was done in sugars from warehouse
on the basis of 3 9-16c., duty paid, for
90 deg test and in Cuba Centrifugals,
for shipment, at 1-Sc. C. and + TOR
95 deg. test basis. Sales included Mo-
lasses sugars at sac, basis 80 deg.
test. Everything offered at these prices
up to the close of the market has been
quickly taken and business closes today
virtually until Monday, over the
Thanksgiving Holidays. Indications
point to a firm re-opening again next
week.
The feature of the coming week Will
probably be the beginning of free Of
ferings from the coming Cuba crop
for shipment late December and IN
January These offerings today are
based on quotations of 3-16c. to Lie
G. and f. for 96 deg. test basis, but no
business is yet reported.
European markets continued advance
until quotations reached IS. Cd, since
when the last few days has been more
quiet and prices receded to IS 81,
closing, however, a shade firmer at IS
3 3-4d Future delivery beets, also,
advanced in sympathy with other quo
tations. closing with a slight reaction
TO basis of S. lid. for May and IS.
Cd. for August.
Growing and maturing crops give no
evidence of any special changes IN
amounts with the exception OF the
Louisiana crop which owing TO the
disappointing yield must be reduced IN
estimate to 100000 tons. Brazil crop
continues to go to Europe and none yet
to come here. Demerara crop Is VIZ
tually ended, although few sugars
remain on offer at &c. C. and t. for 30
deg. test basis.
Two cargoes Cone sail and one steam
err of Javas, afloat, have been oraereu
to the United Kingdom, understood 70
have been sold early in the week DIT
9s floating landing terms rms us
poses of all the Javas afloat, with the
possible exception of one cargo shippoI
during October. in accordance with our
cable which reported exports u"i ms
October of 1000 tons.
Taken altogether, the sugar SITUATION
shows continued steadiness. without
decided indications of Improvement
which it NAV be said, are really not
wanted to be seen by anybody at this
stage of the campaign. for the reason
that any very considerable improve
ment in quotations might lead to IN
creased sowings of the beet crop OF
Europe much to the detriment of the