The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1906-09-21
SUGAR



muscovado. 3.4ic.. centrifugals 4oOc.
graduated. 4s5c., receipts. 2i.bss tons.
MEETINGS. 5000 tons Total stock In
four ports. 250.4si tons. against 27o.s5i
tons last week. and 202,o2s tons last
year Beet sugar quotations. T. o. b.
Hamburg 9s 3-id. per cwt for So deg.
analysis, without bounty, equal to 4.O0c.
for SO test oentrifugals at New York,
First marks German graduated Z. o. b.
Hamburg lis. lad, without bounty.
equal to 4.61c New York, duty paid.
Estimated aloats to the United states
from cuba and West Indies, 10000
tons; Hawaii, $4,000 tons Java. 100000
tons: Europe 10000 tons; Peru, etc.
10000 tons. Total 225,O0O tons, against
365,0O0 tons last year.
Net Cash Prices Refined.-It Is gem
orally understood that the lowest price
named for refined here is basis of gran
ulated, in barrels and bags. 4.65c. net
cash. quoted by Federal for prompt
shipment only.
Statistics by Special Cables.-Cuba-
The six principal ports: Receipts
none; exports, 5000 tons; stock, $4,000
tons, against 10000 tons last year;
centrals grinding against 2 last year
This weeks summary of the statis-
tical position shows stock in the Unit
ed States and Cuba together of 9.43s
tons, against 47,s35 tons last week and
4os, OBS tons last year, a decrease of 9S,-
594 tons from last year
Europe-Stock in Europe, 1851 00
tons against 996, 900 tons last year.
Hamburg reports shipments Of 1000
tons raw sugar to the United States
this week.
Visible Supply.-Total stock of Eu-
rope and America, 1,s66,434 tons
against 1,4o4.02s tons last year at the
same uneven dates The increase OF
stock is 462,406 tons. against an In
crease of 523,167 tons last week. Total
stocks and afioats together, show
visible supply OF 21O6,4S4 tons, against
1,7s4,O2s tons last year, or an increase
OF 322, 406 tons.
Raws.-The supply of sugars remain
ing unsold of the Cuba crop has now
reached point so small that the offer
ings for sale have nearly ceased, Great.
ing a very dull and lifeless market fol
raw sugars. At the same time these
conditions naturally produce a steady
firm tone to the market. which is helt
I'D also by the continued upward tend
ency of the European beet sugar mar
kets, caused especially at the moment
by the outlook in Cuba, which, owing
to the instruction, throws some doubt
on to the coming crop of sugar.
4 AS a matter of fact, 1t is entirely too
early to borrow trouble over the mex
Cuba crop.
| The instruction may be nipped II
the bud at any time, and for severa
months the cane fields are safe from
burnings, which are the only danger!
of important effect.
The affair Is political, entirely; dis
satisfaction with present government
administrs ton. Concessions in this re
gard are quite likely to be made which
will satisfy the disaffectants.
There is little or no talk of annexa'
ton as being a motive for the agita-
ton.
In fact, annexation to the United
States is an impossibility during the
administration of President Roosevelt
, who is committed to square deal
for Cuba, as elsewhere. ".'.
II the Cubans are not getting q
square deal" and if the Palma gov
~
them, then the utmost that the United
. States can do viii be to help the Cuban:
. to n square deal in their indepen'
: dent state. and not through anneXa'
ton. The Palma government, no doubt
understands the situation perfectly
and is abundantly able to deal with II
satisfactorily without assistance from
4, the United States, and so we look fol
. an adjustment of the present trouble!
without any great interference will
the brilliant prospects for the mex
Cuba sugar crop
Locally the statistical position gain
ed strength for the week.
The receipts were less than require
ments and stock decreased 10000 tons
Prices remain unchanged from las
week. The holidays came in the week
following which no special activity de
veloped
Cuba sugars are sparsely offered a
2 5-Sc. C. and +. for SO deg. test basis
equal to 4.o2c. duty paid for SO deg. test
Javas are offered at los. cd. c. and I,
a price above present market values.
Beet sugars may be had as wanted
at 9s. 20 led. c. and f., equal to 4c. 10
centrifugals, SO deg. test.
Refiners generally have good stocl
: on hand so that no element of aetua
, scarcity of supplies ertels into the con
ditions and can hardly do so unit
developments not due until about De
cen.ber relating to new crops come III
4, to the consideration.
, Preliminary estimate of the European
beet crops are beginning TO be made
but will rot prove OF especial value un
til a few weeks later. AS far as now ap
pears the statistical position OF suga
taken altogether is favorable to stead.
l firm markets at home and abroad Will
further gradual Improvement II
values.
a Our Java cable reports shipments t
Europe and the United States of 81,
900 tons by steam and 5000 toes by sail
9 practically all OF which has Unite'
Il States options. The East took 14,oo
tons, making the total shipments 10
the month OF August 17S,0oo tons
against EOS, 900 tons last year and 70
: the campaign thus far $4,000 tons
i against 53S.0S0 tons last year. Tn
y afoats to the United States from Jaw
+ are now 100000 tons, against 10000
" tons last year.
ne ~