The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1905-05-26

Refined: Declined 20 points. Net cash,
quotations this date are: Mola ses,
3.s75c.; Centrlfugals. 4.50c. GRADUATED,
5.7Oc. Receipts, 3l,512 tons. Meetings.
10000 tons. Total stock In Four Ports,
279.644 tons. against 27S.132 tons last
week. and 20i.99s tons last year. Beet
sugar quotations. (. o. b. Hamburg,
lbs Cd. per cwt. for So analysis with
out bounty. equal to 4.5ic. for 90 test
Centrifugals at New York. First
Marks German GRADUATED +. o. b.
Hamburg las. Cd, without bounty,
equal to 5.13c New York, duty paid.
Estimated afoats to the United
States from Cuba and West Indies, 90
900 tons; Java, 5000 tons; Hawaii 3d.
600 tons; Peru. &C.. $1,000 tons. Total,
9O,0 900 tons against 131 900 tons last year.
NET CASH PRICES REFINED.-It.
is generally understood that the lowest
price named, for refined here is basis
of GRADUATED In barrels and bags,
soc. net cash.
STATISTICS BY SPECIAL CABLES.
-Cuba.-The six principal ports: Re-
ceipts $1,000 tons; exports, $500 tons;
stock, 10000 tons, against 227 ,653 tons
l
129 last year.
This weeks summary of the statis-
teal position shows stocks in the Unit
ed States and Cuba together of 649,-
GA tons. against, 63S, 1872 tons last week
and 1854 tons last year, an increase
of 22OOO3 tons over last year
Europe-Stock i'm Europe, 2O35,OO0
tons. against 2,711 900 tons last year.
Hamburg reports shipments of 100
tons refined sugar to the United States
this week.
VISIBLE SUPPLY.-Total stock of
Europe and America, 2,6S4644 tons,
against 2,14O,641 tons last year at the
same uneven dates and 2,756,29S tons al
the even date of Jan. LIST 1905. The
decrease of stock is 455 997 tons, against
decrease of ASSIST tons last week,
and a decrease of 1,005, 740 tons January
list, 1905. Total stocks and afloats, to-
gether. show visible supply of 2,7S9,
GA tons, against 3,2S6,6i1 tons last year.
RAWS.-The week under review de-
veloped a period of great nervousness
here under extreme disquietude abroad
Regarding the European markets the
speculation there has become so errat-
ic that it is impossible to forecast
quotations, even for a few hours a
head. A decline to 12s. at the opening
today from 12s. 12d. during the week,
marks the lowest price yet made on the
| downward trend.
The quotations for new crop Beets,
December delivery, become
daily of more consequence and i'm
portance as bearing upon the quota
| lions for the rest of this campaign.
| An important decline in new crop beets
| could hardly be made without affect
| ing the current crop quotations to a
| considerable extent. This week new
crop beets fiuctuated from los. lad,
to los. I'D and back to los. lid,
showing a decided nervousness in that
position. As regards Cuba the general
opinion is that the planters have a
| disposition to hold on to their sugars
! i'm the hope of obtaining better results
| than If sold now and there appear to
| be very few exceptions to this opinion.
| However, one cargo of June shipment
was let go yesterday at a lower price,
| say 3 1-Sc. c. and f. for Sc test, bought
by the Howell refineries. The Federal
are said to be in the market today for
a June cargo, upon the same terms,
but no Cuban planter yet appears as a
| seller. We incline to think. however,
| that change of views among Cuban
| planters may come at any time and
| freer offerings be made in view of the
uncertainty of what the beet sugar
market may do. Speculation in Europe
I L., ni,,t
where financial influences are bearing
upon II and failures of spectators be-
gin to be rumored.
| No business is reported in Javas
| which, however, can be bought today
for June-July shipment (AugustS
| TENDER ARRIVAL at 12s 10 led C. and
f., equal to 4.55c. duty paid for SO deg
| test.
The receipts for the week We're 81,
SIP tons, while the MEETINGS We're only
900 tons, owing to the closing of re-
fineries for a portion of the time, but
now running again. and total stocks
in the United States are now 2I9,644
| tons.
| In Cuba the receipts for the week
We're 1900 tons, with 104 centrals
grinding, against III last week and 12E
| last year. Stock in the island is Sl0,-
600 tons and in the United States and
Cuba together is 649,644 tons.
BY cable from Cuba, the total re-
ceipts at all ports to the list May are
$50, 900 tons and the stock IN the islant
at same date $4,000 tons. Supposine
10000 tons can still be produced, tbs
amount available for shipment from
Cuba would exceed 100000 tons. which
amount is still to be marketed in tn,
United States.
The Cuban planter must either mar
ket this amount, or carry a portion o
it over into the following crop. which
latter contingency is not at all likely
so long as he has a current quotation
market S-Sc. per Id. AT least above tn
parity of new crop beet sugars.
The available supplies from cuba
with the United States stocks. appea
to give total supply from two source
of about 500 900 tons. while we ca
hardly estimate the requirements 10
MEETINGS i'm the United States four port
and New Orleans from May 10 TO Sep
TENDER l, at over 10000 tons Afte