The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1906-01-12

Musooyndo. 3125c.i CentrifuRais. B.
o2ic. GRADUATED 44jC. Receipts, 81 b.
20s tons Meetings.. 10000 tons. Total
Stock in -Four Ports, is3I40 tons
against 1861 tons last week, and
s5.6s5 tons last year. Beet sugar quo
tatious. f. o. b. Hamburg. IS. 1 Ia q.
per cWt. Tor ~ deg. analysis, without
bounty. equal TO 3.e9c. for g6 test Gem
trifugals at New York. First Marks
German GRADUATED {. o. b. Hamburg
los, without bounty, equal to 425c.
New York, duty paid.
Estimated aloats to the United
States from Cuba and West Indies,
$1,000 tons; Java, 1000 tons; Hawaii,
5000 tons; Peru, etc. 5000 tons. Total,
$4,000 tons, against 1900 tons last year.
Net Cash Prices Refined.-It is gem
orally understood that the lowest price
named for refined here is basis of
granulated, in barrels and bags, 445c.
net cash, quoted by American, Howell,
Arbuckle and Federal.
Statistics by Special Cables.-Cuba.
The six principal ports: Receipts,
5000 tons; exports, 1890 tons; stock, 49,
900 tons, against 81 800 tons last year;
S3 centrals grinding 1903 last year
This weeks summary of the statis-
teal position shows stocks in the Unit
ed States and Cuba together of u.s.
440 tons, against, 213, 231 tons last week
and 1091S5 tons last year, an increase
of 1926 tons over last year
Eurd1e.-Stock in Europe, S,O74,000
tons, against 1903 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, $780,, 440 tons, against
2,712, 1856 tons last year at the same
uneven dates and 1856 29S tons at the
even date of Jan. l, 1905. The increase
of stock is $50, 255 tons, against an in
crease of 81 ,466 tons last week, and a
decrease of 1OO5,740 tons January /,
1905. Total stocks and afloats, together,
show 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 information is that
should such an amendment finally
pass, it would no doubt be overruled
1 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 tull up to current quotations, be-
ing equal to 26Oc. and 2.625c. duty
paid, basis of "a deg. test.
The year closes on a very firm mar
ket, caused by delay in the Cuba cror
grinding, only 80 centrals being al
work and only 5000 tons receipts at
shipping ports for the week, against
1903 centrals and 10000 tons receipts a
year ago.
Messrs. Guma- Meier. 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 Holt
days. We make no change in our esti-
mate of 1900, 900 tons crop.
Buyers views remain unchanged
basis SO deg. test, at 5-Sc duty paid
or lac. C. and f. for Cuban sugars
asking l-l6c. 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, 600 bags and
the Federal taking the balance, al
basis OF 5-Sc for SO deg. test.
European markets are quiet without
change in quotations.
Refined.-The market for refined su'
CARS has been quiet throughout thu
week, with prices unchanged, basis Of
Granulated at 450c. less l per cent
cash.
Withdrawals from outstanding con
tracts have been moderate in volume
and refiners shipments fairly prompt
In conformity with the request o
the jobbing trade and, beginning Janu
airy Z, lSUb, all tne TellerS Will ~
voice their sugars at the net figures
with all rebates deducted, instead o.
holding the rebates for 80 days as re-
Gently the custom. There will, how
ever, be nc, hange in the list prices Of
this account.
The tendency is for continued steadi
ness, until the cuba crop begins t
move freely. We extend to all oul
friends our best wishes for a Happ.
and Prosperous New Year.
Raw Sugar Price Review, l9O5.-Th
year opened with Centrifugal sugar 8
, deg. test basis (the standard for RAJ
, sugar. at 7-Sc. per Id. duty paid, ad
vancing to 1-4c., at end OF mont
average for January 5.06c); Februar
fiuctuated between 8 lac. and 4.s4
average 5.O47c.); March steadily de
clined from 5.l25c. to AISLE. (averag
4.943c); April steadily declined ffor
494c. TO 4.625c. average 479lc): Ma
further declined from 4.625c. to 4S4'
average 446c); June declined froI
4375c. to 4.25c. average 4.Sl2c); Jul
declined from 4.l9c TO 4c. average 4
O62c.); August rallied from 4,062c 10 4
1910 closing 40 (nNeraga 062Cl, Ser