Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1905-04-15
PREDICT IMPROVEMENT
SUGAR EXPERTS REVIEW
OF RAW SUGAR MARKET
REFINERY STARTS AGAIN AND
SUPPLY FOR FUTURE APPEARS
SCANT - THE GENERAL
CONDITIONS.

Willett & Grays Sugar Journal for
March 30 reports as follows on tho
raw sugar market:
RAWS.-Sugars continued to pour in
faster than they were needed. the re-
ceipts at the United States four ports
amounting to co. 1872 tons for the week,
while only $4,000 tons were required
for The MEETINGS. The bulk of the
arrivals were for reIiners account but.
still, a good proportion were of unsold
sugars, the Offering Of which brought
ahout further decline of l.32C.. as ex.
pected. on sales to the principal buy.
ers of Porto Rico sugars ut 4.Slc.,
basis 90 deg. test Centrifugals and
Buyers thereafter refused to 20 on and
importers concluded to store the re.
naming unsold sugars rather than &c.
cept basis of 4Ac. for 90 deg. test
which was then the best price obtain
able.
Offerings are now very limited. there
icing only few unsold sugars coming
I'm and the holders In Cuba exerting no
pressure as they realize that refiners
are receiving all the sugars that they
cGn conveniently take care of and that
II Is best to wait for the demand
which can confidently he expected to
come again before long.
Buyers are beginning to again show
come interest in distant sugars, and
they would probably be willing 10 pay
Tor Cuban Centrifugals, for late April
shipment. csc. G. and T., equal TO sc.
duty paid. II sellers can be found.
The indications are that stocks will
be considerably reduced next week, as
the receipts promise to be smaller while
the MEETINGS will be increased, the re.
having started up again although a
smaller house is now closed
The future course of the market still
depends principally upon the demand
for refined sugars and the situation
IN the United Kingdom is the same as
here. Worlds supplies for the remain
ing five months of the campaign are
scanty and II Is reasonable to expect
that full prices must be paid, when
buying begins again on large scale.
Pressure to sell few CargOeS for i'm.
mediate delivery may be felt for a
while, but we believe turn for the
letter Is not very far OIL.
European markets have been ad.
Nersely effected by the disturbed con.
dition OF political and financial affairs
In Russia. Quotations remained around
1is. Id. for prompt beet, during the
early days of the week, but gradually
advanced to las. cad. August deliv'
cry also advanced to lis. sgd, while
New Crop beet for Oct.-Dec. delivery,
which is quoted at Is SID. also shows
tn improvement.
Cuban crop receipts show a reduction
Of 1000 tons for the week and cen.
trails have stopped grinding. AS shown
by us last week the height of the crop
has been reached and the receipts will
gradually diminis. from now on.
Progress is now being made in spring
paintings.
J. S.-After the above was in print,
o sale was made of Cuban Centrifugals
nearby, at sac. c. and T., equal i3sc.
landed.
VISIBLE SUPPLY.-Total stock OF
Europe and America, 2,7S3,S27 tons,
against 3,5iO,l50 tons last year at the
same uneven dates and 2,75G,29S tons
at the even date of Jan. list. 1905. The
decrease of stock is 756,323 tons.
against decrease of 7S9,5O3 tons last
week, and a decrease of l,OO5,7i0 tons
January LIST, 1905. Total stocks and
anoats. together show visible supply
OF 2.9l7,S27 tons, against 1865, $50
tons last year.
EUROPEAN BEET cRoP.-Mr. +.
o. LIGHT cables us specially from Mad
Eeburg, March "a, 1905: Weather ia
yorable for field work"
March 2S, 1905! mo change in the
situation"