The Hawaiian gazette., 1906-09-04
Sugar and Coffee.
Willett & Gray's Circular


ssauHEausuHmsnauamananHAGna
The week.--Raws; Unchanged. Re
fined: Unchanged. Net cash quota
lions this date are: Molasses, 5l25c. !:
Muscovado. 3.s75c.; Centrifugais. 3,s75c.
Granulated. Also. Receipts. 1881 tons
Meetings., 1900 tons. Total stock In
four ports. 1854 tons, against 304, 1893
tons last week, and 2il.5l9 tons last
year. Beet sugar quotations. (. o. b.
Hamburg, SIS. 11hd. per cwt. for Ss deg.
analysis, without bounty, equal to 3.S7c.
for 96 test Centrifugals at New York.
First Marks German GRADUATED Z. o. b.
Hamburg lis. lid, without bounty,
equal to 4.4sc. New York, duty paid.
Estimated aioats to the United
States from Cuba and West Indies, U.s.
600 tons; Hawaii, $4,000 tons; Java, TO-
. 900 tons; Europe, $1,000 tons; Peru, &c,
10000 tons. Total, $4,000 tons, against
295,000 tons last year.
Net Cash Prices Refined.-It is gen.
orally understood that the lowest price
named for refined here is basis Of Gran
ulated, in barrels and bags, 475c. net
cash, by all refiners.
Statistics by Special Cables.-Cuba.-
The six principal ports: Receipts, 1000
tons; exports, 1880 tons; stock, 100000
tons. against 243,0O0 tons last year, 4
centrals grinding against last year.
This weeks summary of the statisti-
cal position shows stocks in the United
States and Cuba together Of 405,664 tons,
against, 420,333 tons last week and 454.-
$40 tons last year, a decrease OF 1885
tons from last year.
Europe-Stock in Europe, 1,657,00O
TONS against 1,056,O0O tons last year.
Hamburg reports shipments of 5000
tons raw sugar to the United States
this week.
Visible Supply.-Total stock of Europe
and America, 2,062,664 tons. against L.
510,519 tons last year at the same I'M
even dates. The increase of stock Is
552,145 tons, against an increase of 619,-
400 tons last week. Total stocks and
afloats together. show visible supply
Of 2,257,664 tons, against 1895, 519 tons
last year, or an increase of 432, las tons.
Raws.-The refiners have been sue
cessful in preventing for the present,
any advance in quotations over the
basis of SAC. for 96 deg. test, which was
paid last week. For several days sugars
were held at 3.94c. and as high as the
equivalent of 10, but some holders grad
ually gave way and finally accepted
the former price of 3Nc.. but only for
a moderate quantity, the sugars dis
posed of being principally nearby Porto
Ricos, on which the owners desired to
avoid carrying charges.
Cuban sugars for shipment are firmly
he
2.53c. C. and f., basis 95 deg. test. equal
to s.92c. landed for s6 deg. test. The
stock in Cuba is reduced to only 100000
: tons, part of which has already been
sold and is awaiting shipment. Our
weekly cable from Cuba reports receipts
7. of 1000 tons at the six ports and cen
trails grinding, against no receipts and
: centrals grinding last year.
The total production of sugar in Cuba
: to July 31st was 1,132,4s2 tons, against
After July 31st last year there was pro-
duced nearly $4,000 tons sugar.
No recent business in Javas is report
ed Evidently all of the August ship
ments were disposed of previous to this
week, the offerings at present being
limited to September-October shipment
Z.
Sgic. to 3.94c. landed for SO deg. test
The first cargo of present crop will be
due to arrive here next week to re-
finers.
The ruling quotations for beet sugars
in the European markets at the close
; last week were basis 9s. sd. fol
prompt delivery, but as result of the
cessation of the demand from American
refiners, and of the favorable reports
OF the growing beet crop, prices declin-
ed to IS. 11Ad.j at the close, being the
parity of 3.STc. for So deg. test centric
ugals, or practically the same as the
, current quotations at New York. Octo-
! ber-December delivery is quoted at IS
Cd. Beet futures are offered at IS. 0&d
for May.
1t seems to be evident that the Amer
: lean refiners will be unable to obtair
sufficient cane sugars in season to keel
them fully supplied until the new Cube
crop comes to market, consequently
j they are likely to make further mod
crate purchases of beet in Europe, bu
: not of necessity Immediately. TIT
course of the European markets VIII
therefore, have an important influence
: on prices here for several months.
Indications point to a steady marke
for the present, with the possibility o
{ an improvement in values next month
II the demand for refined increases.
At the close, 1t is rumored and believ
ed that 1900 tons of Javas. in store
J. here. have Just been sold to Messrs. Ar
buckle Bros. at 3Ac., basis SO deg. test
: Refined.-Prices OF refined sugars re
!, mained unchanged throughout the weel
on basis OF 4.S0c less ! per cent, casl
for Granulated, being held firmly b,
all refiners. A moderate quantity O
Granualated in second hands can b
bought at 4,70c.
, New business is only fair, but sugars
under contract are being ordered
. shipped in good volume, and delays II
I, deliveries are sill reported.
American and Howell advanced L
q full list quotations their Extra Fin
Z Granuated, Coarse Granulated ant
|. Fruit Powdered, which are largely over
o sold. Orders for these grades have re
!, Gently been accepted at 10 points below
= list, or at the same price as Standar'
formulated.
We have arranged to receive from re
2 liable correspondents in all parts OF tn
. country special reports on fruit crop
O and local sugar stocks, which We pub