The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1906-07-25
SUGAR
: = : = - = : e

The WeeA--Ravs- Advanced If.
Refined: Advanced .1ec. Ne1 cash quo
tattoas this date are: MolasseS. 3.eoe.:
nuseovado. s-25c.. centrifugals. 2.75c.
graduated. z-55c- Receipts. 1885 tons.
melting. s5.ee9 tons. Total stock in
four ports. s426a7 tons. against 312.1s7
tons last week, and 80 28I tons last
year, Beet sugar quotations. fob.
Hamburg. $. 47=d. per ewt. for IS deg.
analysis. without bounty. equal 70
3.7+e- for 81 test cenrrifugaIs al New
York First marks German graduated
fob. Hamburg los. sgd. without
bounty. equal 70 4-37c. New York, duty
paid
Estimated afloats TO the United
states from Cuba and West Indies. 20
ooa tons; Hawaii, 5000 tons; Peru.
etc, 10000 tons Total 1890 tons
against 135 COO tons last year.
Net Cash Prices Reflned.-It is gen
orally understood that the lowest price
named for refined here is basis OF
graduated, in barrels and bags. 4-55c
neI cash, by all refiners.
Statistics by Special Cables.-Cuba.-
The six principal ports: Receipts. 1000
tons: exports: Is. 500 tons; stock. go. 900
tons. against 322 goo tons last year. s
centrals grinding against ) last year.
This weeks summary of the statis-
teal position shows stocks in the Unit
Cd states and Cuba together of So 602
tons, against 5S5,1s7 tons last week and
SIS. 231 tons last year Increase Of 49,
81 tons from last year.
Europe--Stock in Europe, 2442. o00
tons. against 1872, 900 tons last year.
Hamburg reports shipments Of 5000
tons refined sugar 10 the United States
this week
Visible Suppiy.-Total stock of Eu-
rope and America. SOS. 602 tons.
against > POI PSI tons last year atl the
same uneven dates The increase Of
stock is S14.371 tons. against an in
crease Of S3+@49 tons last week Total
stocks and ahoats together show a
visible supply Of 3.140.602 tons, against
2.3511S1 tons last year. OF an increase
OF 1891 tons.
Raws-As anticipated. Cuba has this
week recovered by its advanced prices
the full parity Of the beet sugar values.
This shows that II has been possible
for Cuba TO have maintained prices
throughout the entire campaign at the
facilities had been given her for storing
and carrying the crop and selling il 10
The [. :. only just as fast as wanted.
The establishment Of new bank in
Havana under the auspices of large
American fnanciers may contribute 10
this end for next crop. Al one time
during this crop the Cuban parity fell
10 &c. per loo lbs. below Europe.
Il would have made a vast difference
10 the Cuban sugar interests if the
crop had been sold at the European
parity as was contemplated by our
Government when giving Cuba the ad-
vantage Of 20 per cent reduction Of
duties
New that Cuban and European par
ity are equal we must expect ship
,nents from Europe or Java TO COM
nence again il the near future. Stocks
IN the [. :. and Cuba together are
only 1871 tons in excess of last year,
the decrease in excess being rapid. say
1000 tons for the week. From this II
appears certain that as much sugar
supplies from now To end Of the year
viii b. required 70 be obtained from
countries outside Of Cuba, plus some
ten per cent increase which viii be
needed TO meet the larger consumption
going on in the L. s Java may not
Do in position 10 give Us all we require.
out- according TO the European stats
-ical figures is large amount OF
sugar in the world that can't be ac-
counted for al the moment. but which
xiii no doubt be forthcoming when it
: wanted For the present, therefore.
Europe resumes the position OF making
quotations and deciding what the [. 8.
must pay for its sugar
The situation in Europe is peculiar.
With large statistical supplies, the
market continues 70 improve within
'easonable limits
However as supply and demand