The Hawaiian gazette., 1906-04-10

4 efaliy unoerStOOu tnat the lowest price
named for refined here Is basis Of
Grsnulated, In barrels and bags, 445c.
net cash. by Federal and Arbuckle.
Statistics by Special Cab,es.-Cuba.--
The SIX principal ports: Receipts. ST.
900 tons; exports 2O.sO0 tons; stock.
100000 tons. against $4,000 tons last
year; 17s centrals grinding against III
last year.
| This weeks summary of the statis-
teal position shows stocks in the
United states and Cuba together of
43i,716 tons. against. 401S52 tons last
week and 46S.675 tons last year, a de-
crease of SO 959 tons from last year.
Europe.-Stock in Europe $3.50 900
tons, against 2.311,O0O tons last year.
Hamburg reports no shipments of SUI
gar to the United States this week.
Visible Supply.-Total stock of Eu-
rope and America. 3954,41T tons,
against 2.779.675 tons last year at the
same uneven dates. The increase of
stock is 1175,041 tons, against an in
clease of 1170,317 tons last week Tot<l
, stocks and afloats together, show a
visible supply of 4,044.717 tons, against
2.S24.675 tons last year, or an increase
OF 1,120,041 tons.
Raws.-The week under review con-
tinues to show the same slow but
/ steady Improvement in quotations,
noted since the low level was passed.
! 1t may prove that this recovery is
only the natural gain making from the
extreme large difference between Cuba
Centrifugals and the worlds price OF
sugar in Hamburg. A few weeks ago
this difference showed the loss of the
entire advantage to Cuba from reci-
procity, but now Cuba has recovered
to the average loss of the past two
years, say about one-half of the ad-
vantage of reciprocity. Advances from
the present parity must depend largely
on outside conditions for the future.
The weather for sowing the new
European beet crop is reported by Mr..
LIGHT to be unfavorable for two weeks
past which is quite an important feat
ure as, If continued, it must result in
diminished sowings and smaller croI
estimates.
AS regards Cuba, however the max.
ing of the crop now goes on without
material Interruption, with the full
number of centrals at work and plenty
of cane in sight to complete the esti-
mated crop, if the weather permits. II
will soon appear whether the full mum.
Der of centrals will continue to WORK
or gradually fall off the same as last
year in April. In the meantime croI
receipts at shipping ports increase or
same weeks of last year, and no sure
indications of reduced final estimates
are yet in sight. With the improve
ment in the refined market there is 6
good steady demand for raws with
buyers willing to pay . 1870. c. and f
for nearby or March Cuba shipments
equal to 8 9-16c. landed, which is the
spot quotation) and DESTROYS of having
more supply than is offering of Apri
shipment at . lac. c. and f. for 8,
deg. test.
Receipts for the week We're 1886
tons, MEETINGS $4,000 tons and stocl
227,716 tons.
European markets have remained
very steady during the entire week be
tween SIS. lid. and ss. Cd, CLOSING
at SIS. Cd. for IS deg. analysis beet f
, o. b. Hamburg, equal to S.77c. for 81
deg. test Centrifugals at New York
Beet futures are quoted at SIS. Cd. fol
August and SIS. 10 Led, for October
December delivery.
Refined.-Following the improvement
in raws during the last fortnight. tn
demand for refined increased and
general advance was established of J
points by American, Howell and Ar
1 buckle, and points by Federal, max
ing all refiners' lists on the same basis
say 4,60c. less l per cent. cash 70
GRADUATED.
Abundant opportunity was give
buyers to engage 80 days supple
. ahead, under contracts, with the usua
guarantee, on the old basis of 4.5Oc
and then the American and Howell be
came firm at 460c. The Arbuckle an
I. Federal refineries, however are sti
n willing to consider orders at 4.50c
coming in from belated buyers.
Withdrawals are received in goo
volume, showing a large consumption
g New Orleans also advanced 10 point
to basis of 460c. less l per cent. cas-
n for GRADUATED.
We learn that the Hawaiian Refine
= ry, at Crockett, California, began opel
atoms on March 10, and is now sci
IT ing it's product.
~ The San Francisco market advance
10 points yesterday on the strengt
of the general situation, the compel
y ton of the Crockett Refinery not "
p, assuming sufficient Importance to a
feet prices