The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1906-02-01

SUGAR
ilett&

IIlett & Cray's Circular.

| OOO@CDOSOGONSOV
| The week.-Raws: Declined .125c
| Refined: Declined zoe. Net cash quo
| tations this date are: Molasses, 2S15c-;
| ,nuscovado. 3125c.; centrifugals, 3.625c.
granuIated. 435c. Receipts, 1876 tons
Meetings.. $4,000 TONS. Total stock in
| four ports. 151751 tons, against 1896
tons last week, and 1857 tons last
year. Beet sugar quotations, f. o. b,
Hamburg. SIS. Sd. per cwt. for SS-deg,
analysis, without bounty. equal to 371c.
| for 90 test centrifugals at New York.
| First marks German granulated f. o. b.
Hamburg los. 3D.. without bounty,
equal to 43Oc New York. duty paid.
Estimated a1oats TO the Unued
States from Cuba and West Indies, 35.-
0C0 tons: Hawaii, 5000 tons; Peru, etc,
Is 600 tons Total, $4,000 tons. against
10000 tons last year.
Net Cash Prices Refined.-It is gen
orally understood that the lowest price
named for refined here is basis of
granula ted. in barrels and bags, 4.35c.
net cash. quoted by Federal for prompt
shipment.
Statistics by Special Cables.-Cuba.
The six principal ports: Receipts,
II coo tons; exports, 1880 tons; stock,
10000 tons. against 60. go tons last yea:
101 centrals grinding against 157 last
year.
This weeks summary of the statlS-
teal position shows stocks in the Unit
a1 III a of
tons. against 1896 tons last week and
1857 tons last year, an increase of
30 134 tons over last year.
Europe.-Stocks in Europe, $3.50, 600
tons. against 2,599,O00 tons last year
Hamburg reports 10 Shipments of
sugar to the United States this week.
Visible Supply.-Total stock of Eu-
rope and America, 1861, ISL tons,
against 2,73S,617 tons last year at the
same uneven dates. The increase of
stock is 1928. 1874 tons. against an in
crease of 1892 tons last week. Total |
stocks and afioats together, show a
visible supply of 1925 Isl tons, against |
? ,S1S617 tons last year, or an increase |
of 1.20S, 134 tons.
Raws-We anticipated last week the |
trend of the market towards an easier |
position which has developed during |
ne present week. Under improved |
weather in Cuba, increased number Of
,entrals grinding, causing increased
'eceipts at shipping ports much freer
offerings for shipment have been on
he market. leading to a reduction in
values to the basis of 8 5-Sc. duty paid
or 96-deg. test centrifugals, and to
lac. for the same C. and f., estab-
ishing a decline in quotations Of 1-Sc
n spot and 1-16c. on distant sugars.
There is little difference in the tone
# the market for the different periods
f shipment, for instance. owing to
here being still suspicion of short
ge of supplies during the present
month, buyers are accepting all sugars
or prompt shipment on the basis nam
d of 5-Sc., while. for later shipments,
uring entire February, buyers now
efuse to pay the price, while sellers
5ould be glad to make sales at this
aSiS. During the week 101 centrals
7ere working in Cuba. against IS the
revious week and 157 for the cor
week last year.
Reports from European markets con-
nue. decidedly unfavorable for i'm
ohCIicIt III VALUES. NIL L ~ IitIit l
as further increased his estimate of
lie European beet crop by $4,000 tons,
, $4,000 tons, which is 100000 tons
excess of the largest previous beet
'op in history, while the visible
orld's supply of sugar has increased
4,026,000 tons, which is, also, the
rgest visible supply ever known in
story Beet sugars are quie- at IS. ,
|. FOR prompt and SIS. s lid for Au-
Ist delivery.
AS regards Brazil sugars an import
ut change has recently taken place in {
re position of that market towards
lie. rest of the world. The Brazil Gov
nment, finding that it's duties were t
conflict With the .arr1s of the Brue ! (
is Convention, and that they stood i
an almost certainty of having their |
lgars excluded from the European e
arkets, have taken the matter UP and. r
is understood voluntarily cut down a
cir import duties on foreign sugars Il
to Brazil. and done away entirely T