The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1906-01-12
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SUGAR
& Gray's
Willett & Gray's Circular


is 1890. duty paid, but during this Pc
riod duties varied considerably.
Since July 1897 the duty on sugar has
been L6S5c. per 10. for 96 deg. test
Since December q, 1903, all sugars
produced in Cuba have paid 1.34Sc. per
To- duty on So deg. test. Sugar from
the Hawaiian Islands and from Porto
Rico come into the L. s. free of all
duty.
Sugar from Philippine Islands have
% per cent reduction from the Dingley
rates. 81 deg. test, the average grade,
pays .949c. per ID. less .022c export
duty paid on shipment from the Phil
ippines. All other sugars imported lnto
the u S. in 1905 paid 1.6S5c per ID.
duty for 96 deg. test basis, and the
same duties will apply for 1906. with
prObab exception of Philippine IS
lands, which may be further reduced
The crop of Hawaiian Islands for
1906 we estimate at 10000 tons, Porto
Rico at 100000 tons, Philippines at 125,-
600 tons. the domestic crop of cane 300,-
900 tons. the domestic crop of beet 2S5,-
900 tons Cuba crop 1900 900 tons. To-
tai supply of free and partially free
sugar 2,590.0O0 tons.
Estimating the consumption of sugar
for 1906 at 2860,000 tons in the L. S. and
$4,000 tons in the islands, the crop es-
Inmates leave $4,000 tons sugar re-
quired from countries paying full du-
ties
Importations of beet sugar from
Europe in 1905 at L. S. Four Ports and
New Orleans We're %, rs tons, indicat
ing a practical freedom of the United
States from need of foreign beet su-
gar.
The influence of the Cuban Recipro-
city Treaty in 1905 has been to give
the Cuban planters zoe. Of the 34c. per
lb. duty allowed. and to give the con-
sumner lac. of the allowance.
In our last annual review we said
for the year 1905 the average for Cen
trifugals should be somewhat higher
than in 1904" Results show .304c per
ID. higher in 1905. For the year 1906.
the average for Centrifugals should be
rather lower than for 1905.
Refined Sugar Price Review, 1905
Average quotations for GRADUATED SUI
gar in 1905. by months were as fol-
lows:-January, 5.S2c.; February, s.
925c. March, 5.90c.; April, 5.90c.; May
5.675c.; June, 54Sc. July, 5.09c.; August
5.07c.; September, Arise; October, f..
SOC; November, 1880; December 4
45c. The highest price was &C. at be-
ginning of February, and the lowest,
4.35c., in November.
The average of GRADUATED in 1905
was 5256c.. against 4.772c. in 1904; A.
Csc in 1903, 4.455c. in 1902, 5.05c. in 1901,
5.32c. in 1900 and 4.919c. in 1899.
The average difference between raw
and refined in 1905 was .97Sc. per h.,
against 1880 per H. in 1904-an increase
of 1Sc. per ID.
The higher difference in 1905 was due
largely to the fact that the downward
trend of prices made it necessary for
ref1ners to manufacture refined sugar
out of higher cost raws. while in 1904
the upward trend of prices made the
manufacture out of lower cost raws,
as compared with the prices ruling, at
the time for the refined product. The |
average difference for the two years
taken together is .SSSc. per lb. The |
average price of GRADUATED for ten |
years is 4.S41c. per lb. The average
difference between raw and refined for |
ten years is .S45c. per Id.
There have been no new refineries |
put in operation in 1905. The refining |
now is more than sufficient |
to supply the consumption.