The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1906-04-23

II
1t is generally understood chat tn
lowest price named for refined here i
basis of Granulated, in barrels an
bags, 4,55c. net cash by all refners
STATISTICS BY SPECIAL CABLES
CUBA. The six principal ports
Receipts, 81 900 tons; exports, $3.50
tons; stock 24S00O tons, against 291, 90
tons last year: $50 centrals grindin.
against 164 last year.
This weeks summary of the statist
zeal position shows stocks in the United
States and Cuba together Of 494 81
tons, against 446,214 tons last week ant
545, 53S tons last year, a decrease of 81,
220 tons from last year
| EUROPE-Stock in Europe, 3,546 00t
tons. against 2,3 900 tons last year.
Hamburg reports no shipments OF
| sugar to the United States this week
/ VISIBLE SUPPLY
Total stock Of Europe and America
| 4040,31 tons, against 2S6S, 53S tons last
/ year at the same uneven dates. The
increase of stock is 1,171,7S0 tons,
against an increase of 1,145.3S7 tons
last week. Total stocks and afioats to-
gether. show a visible supply of 4.150,-
! 31S tons, against 1883, 53S tons last year,
| or an increase of 1,166 $50 tons.
RAWS
During the week under review the
market has been firmer again and quo
tations have about recovered the pre-
vous weeks loss, Centrifugals being
now 3.54 1-2c. per ID.
This rally came from firmer markets
in Europe and from Cuba planters hold
ing back supplies for distant delivery
Against this increased firmness on
sellers part we have the refiners we'll
stocked for immediate and next
months wants, the receipts this week
having been heavy, say IS, 104 tons
The Cuba receipts at shipping ports
We're again large under the working OF
the full number of centrals on the
island
The weather shows no signs of inter-
fering yet, and the deficiency in pro-
duction from last year at this time
is being constantly diminished.
Germany has reduced the eonsump-
ton tax on sugar from IA marks to
10 marks. which viii no doubt increase
German
a good feature for the future.
Receipts for the week, 6S,104 tons;
MEETINGS, SO. 600 tons; stock, 246 31S tons.
Europe advanced TO SIS. Cd, and closed
to-day at SIS. sgd. a slight reaction on
account of increased Cuba crop show
ings.
Altogether, the sugar situation shows
an improving tendency in all directions.
REFINED.
The refined sugar market is also firm
err, in sympathy with the raw market.
All concessions have been withdrawn
by refiners, and prices are firmly held
by all at 4.60c. less l per cent. for
Granulated.
The Withdrawals during the week |
were large, and all old contracts are
nearly closed out.
Buyers are very we'll filled for the |
moment but a good, steady demand |
is anticipated.
COFFEE.
The statistical figures for the first !
of April turned out more favorable !
than expected. The decrease in the I
Worlds Visible for the month of March |
was $40 600 bags, against 100000 bags
for the same month last year, making
a difference in the supplies on the first
of April. compared with a year ago, of
more than 100000 bags. The specula- {
tive market has paid very little atten-
ton to this. preferring to listen to the
assertions of prospects of
arge growing crop in Santos, the same
as they did a year ago. with this differ
4nce however. that at that time, all the
leading firms in Brazil made estimates
IF a large crop, while the assertions
that have lately been made are from
unknown quarters in Brazil While to
experienced in the business
he crop stories from unknown quarters
nave little weight. TO the outside spec
llators who do not know one name
rom the other. il leaves an impress
ions. and many OF them have liquidat
a lately.
The consumption during the last two
rop wear. has been 5000, 900 bags larger
han the production, and since two
ears. the rate of Exchange in Brazil
las advanced from Il to Is pence. If
this. the price remains
it means selling out by
folders who have become tired. and it
suany happens that such holdings
ave been sold by the time the posi-
ion has become much stronger and a
ondition created like twenty years
go, in 1886. when in the month OF July,
18th the world expecting lower prices,
steady advance in price for nine
.ouths was experienced.
From Brazil II is understood there is
large majority in favor of the Nalori-.
alton project and that the President
refers to have the vote of Congress
n the question of fixing the rate of
xchange. From well-informed sources
is supposed that the Brazilian Gov
-nment will take prompt action at the
of the new crop
Quotations for No. Rio are about Sc.
o1Ln high Grade Santos &C.