The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1905-09-08
ThG'Su5ar. Market

Williams, Dimond & Co, under date
of August 81, say regarding the raw
sugar market:
Srgar.-July I9tA and goth, no sales,
21st, cost and freight sale 400 tons Al
3.99c; 22nd to 25th, no sales; 26th, spot
sale, 400 tons at 1-15c; 9th to Aug. 9th,
no sales; 7th, spot sale, 400 tons at
1929; Sth, spot sale, 5000 tons at
1-3c; and on same date TO arrive"
sale, 1000 tons at 1-Sc; 9th, no sales;
10th, spot sale, 1900 tons at~4 1-Sc; 18th
to 18th, no sales; 18th Ito arrive" sale,
$50 tons at 1-Sc; 18th to 21st no sales;
22nd, spot sale, 1900 tons at 4c; 23rd,
spot sale, 1000 tons at 4c; 4th, spot
SALE 94OO tons at 4c; since which no
sales, establishing basis for SO deg.
Centrifugals in New York on that date
4c; San Francisco, 3625c.
New York Refined.-Quotation 5lOc.
net cash in barrels, equivalent to 5.O5c.
net cash in bags established July 18th,
continued in force until July 3lst on
which date an advance of 10 points oc-
Cured establishing a price of 52Oc. net
cash in barrels, equivalent to 5.15 net
cash in bags. Since that time no fur
Their change has occurred.
London Cable.-Aug. Goth quotes Java
SO deg. test los. 3D. Fair Refining, 9s.
Sd. against lis. Cd. and los. Sd. re-
spectively, same date last year Sep
TENDER Beets 9s. against los. sgd. cor
responding period previous year.
Eastern and Foreign Markets.-The
rally in European Beets to which We
called your attention in our previous
circular, operators were unable to sus-
tain. Prices, save for temporary inter-
ruptions speculative in character, have
since continued to decline rapidly
throughout the period under review,
the downward tendency being quite
marked at the close and it is evident
that a complete realization of a shrink
age in the worlds consumption of sugar
of approximately 10 per cent has been
the chief factor in the determination of
the present course of the prices abroad.
Original representations developed
10000 900 tons of sugar i'm stock and
afiOat at the end of the present cam
paign, but according to present indica-
ton the actual outturn will be in the
llCl5ilDOil lOOu VI FoOOtOVO lOllA anu IL 10
not surprising that the trade has been
greatly disturbed by the discrepancy as
well as by other influences, while in
some quarters the decline is attribut-
ed to the fear that the new beet crop
will equal that of the largest on record
which was $780, AIS tons sugar i'm 1902
However statements 30 this effect which
have been disseminated latterly seem
rather premature since it Is too early
yet for reliable estimates of the COM
ing crop to be formed although cable
reports Indicate that the weather is ia
vorable for the growing crop but in
| this connection consideration of the fact
must be taken that this years sowings
amount to 1,S7897S hectares against an
acreage planted to beets of 1852, 6S5
hectares in the season of 1912 when
such a heavy output Of sugar occurred
The New York market during the ear
! ly portion Of the period under review
evinced greater firmness but hopeful
signs of recovery were checked effect
ually by the sharp fall in the European
quotations for August beets and the
unfavorable market reports impelled
holders of spot sugars to offer freely
at a concession in price, the resultant
effect of which is seen in the decline in
Centrifugals to a price Of 4c. and the