Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1905-01-16
CUBA PAYING DtbIS.

Following is the report on raw STU
CARS from willett & Gray's Sugar
Journal of Dec. 29th:
RAWS.-The closing week of the n
year being mainly holiday week the /
market Is as quiet as usual at this |
period No business has been done |
and quotations remain unchanged at
3 l.2c. C. and {. for 80 degree test cen
trifugals with buyers asking Lice.
more in instances.
Cuba centrals have increased the
number grinding to 1903 against A. last
year, thus advancing the crop pfoduc- |
ton somewhat ahead of last year.
European markets show q continued
degree of firmness from their specula. |
tive standpoint with advances OF
Id. for the week. Beet for future
delivery is quoted today at 1is. > lad.
Tor January.March, lbs. Sd. for May
and las. I'D. for August.
Current prices here are likely to be
maintained, with a conservative feel.
ing for the immediate future.
RAW SUGAR PRICE REVIEW, 1904
The year opened with centrifugal
sugar 90 degree test (the standard for
raw sugar. at 3.i7c. per h., declining
at the end of January to 3.3lc. per h..
which was the lowest point Of the
year, and Ice. below the lowest point
OF the preceding year. and within .O6c.
per III. of the low price of 1902 g lie.
per lbD for a long series of years.
From February throughout the yeai
to the last day Of December, the
prices steadily advanced with only
slight reactions from time to time
and closing the year at I-Sc. per IL
The average price of Centriiugals for
the entire year 1904 Is 3.91ic. per h.,
against 3.72c. per ID. average in 1903
and 3.5i2c. per ID. in 1902. 1904 SHOWS
an increased valuation of .254 per lib.
for raw sugars. In 1901 the average
Tor contrirugals was i.0i7c. per ID. In
1900 4.jGGc. per ID. In 1899 I.il9c.
per ID. In 1898 4.235c. per ID. The
average for ten years is 3.S9jc. per
ID. duty paid, but the duties during
this period have varied considerably.
In 1894, 1895. 1896 and 1897. sugars
were subject to SEC. and .9Gc per Id.
duty. Since July. 1897. the duty has
been | GS5c. per ID. for SO degree test.
Since December 27th, 1903, all sugars
produced in the Island of Cuba have
paid .3iSC. per Id. duty for 80 degree
test. Sugars from the Hawaiian Isl.
ands and Porto Rico have come in
I Tt..., 81 all a..
Philippine Islands have come In at q
reduction of % per cent. in duties
from the | GS5c. basis. All other SUI
gars imported into the United States
In 1904 paid 1.6S5c. per ID. duty fol-
SO degree test basis and the same du
; possibility OF the duties on sugars
from the Philippine Islands being fur
Their reduced.
The crop of the Hawaiian Islands
for 1905 we estimate at $4,000 tons
and the crop OF Porto Rico for 1905 al
10000 tons. Philippine Islands are
expected to produce $4,000 tons In
1895, which will find its main outlet IN
the markets of China and Japan, no,
being dependent upon the United
drc,ior
, rho influence ., tho rrho, poo,r,oo
rv Trc,,y hos haon IN 1000 % vat
. tain tho nrico n, c,n,r,f,.,r srgar,
; below the parity of beet sugars in th'
: n, n short Tina IN ,be mon,hs Of Ar
! g,s, ana S.,ioohor u.ho, Crh,n oon
. trirupaIs and rore,,n hoo, sugar,
. wore ouotod NJ Tho can. nar,,v ,rhu,
q. 4, ,rnn,rs ,ha, ,,hi,a ,ho aonoro, "a