The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1906-01-12

| Muscovado. 3125c.: Centrifugals, s.
! 625c Graduated, 4.45c. Receipts. 81
| 209 tons Meetings.. 10000 tons. TotaI
| Stock in -Four Ports, 193.440 tons
| against 1921 tons last week, and
| S7,685 tons last year. Beet sugar quo
| tations. +. o. b. Hamburg, SIS. 1-2 d
| per cwt for IS deg. analysis, without
bounty. equal to $3.50. for sc test Cen
trifugals at New York. First Marks
| German GRADUATED f. o. b. Hamburg
los, without bounty, equal to 425c.
| New York, duty paid.
| Estimated afoats to the United
| States from Cuba and West Indies,
| $4,000 tons; Java, 1000 tons; Hawaii.
| 5000 tons; Peru, etc, 5000 tons. Total,
| $4,000 tons, against $4,000 tons last year.
| Net Cash Prices Refned.-It is gen
orally understood that the lowest price
| named for refined here is basis of
graduated, in barrels and bags, 445c
net cash, quoted by American, Howell,
Arbuckle and Federal.
Statistics by Special Gables.
The six principal ports: Receipts,
5000 tons; exports, 1900 tons; stock, 3d.
900 tons, against 1,500 tons last year;
SO centrals grinding 103 last year
This weeks summary of the statis-
teal position shows stocks in the Unit
ed States and Cuba together of 22S-
440 tons, against, 213, 231 tons last week
and 109,185 tons last year, an increase
of 1925 tons over last year.
EurfS0e.-Stock in Europe, 3,074, 900
tons, against 2,603. 900 tons last year.
Hamburg reports no shipments of re-
fined sugar to the United States this
week.
Visible Supply.-Total stock of Eu-
rope and America, 1902 440 tons, against
2,712, 185 tons last year at the same
uneven dates and 2,756,2 tons at the
even date of Jan. l. 1905 The increase
Of stock is 590,255 tons, against an in
crease of 81, 466 tons last week, and
decrease of 1005, 740 tons January 1,
1905 Total stocks and afioats, together,
show a visible supply of 3,341, 440 tons,
against 2,796,1S5 tons last year.
Raws.-This has been holiday week
with little business in the early part.
A notable feature was the selling of
1900 tons of Philippine Islands sugar,
which has been held in warehouse
here for some time. The owners evil
IDENTIFY became discouraged by the ac-
ton of the Ways and Means Commit
tee, in reporting the Philippine bill
with a clause excluding these sugars
from benefit of any reduction of duty.
Our Washington informatio is that
should such an amendment finally
pass, it would no doubt be overruled
by the Supreme Court on the ground
that such action would be special leg
islation and contrary to all precedent,
when tariff changes have been made.
The prices obtained for these sugars
were full up to current quotations, be-
ing equal to 2.60c. and 2.625c. duty
paid, basis of 81 deg. test.
The year closes on very firm mar
ket, caused by delay in the Cuba crop
grinding, only SO centrals being at
work and only 5000 tons receipts at
shipping ports for the week, against
103 centrals and 10000 tons receipts a
year ago.
Messrs. Guma-Mejer, of Havana, ca
BILE their estimate of the Cuba crop
at 1,325,000 tons, showing that a big
crop may be counted on, although the
beginning is rather late. The weather
is now favorable for the starting up |
of many more factories after the holi- |
days. We make no change in our esti- |
mate of 100000 tons crop.
Buyers views remain unchanged, |
basis 96 deg. test, at 5-8c. duty paid, |
or Lac. c. and f. for Cuban sugars, |
while holders in Cuba are generally |
asking Lice. more.
At the close the agents for the Fed |
eral Refinery disposed of the $4,000 |
tons which they have been holding in |
store here for account of spectators, |
the American accepting so. 900 bags and |
the Federal taking the balance, all |
basis of 5-Sc. for Sc deg. test.
European markets are quiet without |
change in quotations.
Refined.-The market for refined SUI
gars has been quiet throughout the t
week, with prices unchanged, basis of
Granulated at 4.50c. less 1 per cent.
cash.
Withdrawals from outstanding con-
tracts have been moderate in volume
and refiners shipments fairly prompt.
In conformity with the request OF
the jobbing trade and, beginning Janu-
airy 2, 1906, all the refiners will in
voice their sugars at the net figures,
with all rebates deducted, instead of
holding the rebates for 80 days as re-
Gently the custom. There will, how
ever, be no change in the list prices on
his account.
The tendency is for continued steadi-
less, until the Cuba crop begins to
move freely. We extend to all our
friends our best wishes for a Happy {
md Prosperous New Year.
Raw Sugar Price Review, 1905.-The
ear opened with Centrifugal sugar SO
leg test basis (the standard for raw
ugar) at 7-Sc. per Id. duty paid ad-
to lac, at end of month
average for January 5.06c); February
iuctuated between 5 lac. and 4.94c.
average 5.047c.); March steadily de-
lined from 5.125c. to 4.S1c. average