The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1906-04-07

The Week.-fsaWS: Advanced -o4c-
Refined: Unchanged. Net cash quo
tations this date are: Molasses, aisle;
Muscovado. 3.06c; Centrifugals. 3-56c.
C,ranuiated 4.45c Receipts, 40.S64 tons.
Meetings. 80, 900 tons. Total Stock in
-Four Ports, 227,716 tons. against 225,-
$50 tons last week, and 216,675 tons last
Hamburg, SIS. Cd. per cwt. for So deg.
analysis, without bounty, equal to
S.77c. for 90 test Centrifugals at New
York. First Marks German Granulat-
ed f. o. b. Hamburg los. Cd, without
bounty, equal TO 1850. New YORK. duty
paid.
Estimated a1oats to the United
States from Cuba and West Indies,
10000 tons; Hawaii. $4,000 tons: Peru,
etc. 10000 tons. Total, $4,000 tons.
against 133, 600 tons last year.
Net Cash Prices Refned.-It is gen
orally understood that the lowest price
named for refined here is basis Of
Circulated, in barrels and bags, Abe.
ncr cash. by Federal and Arbuckle.
/ Statistics by Special Cables.-Cuba.-
The SIX principal ports: Receipts, 81,
900 tons; exports, 20, 500 tons; stock,
207 900 tons, against 1000 tons last
year; 179 centrals grinding against III
last year.
! This weeks summary of the statfs-
teal position shows stocks in the
i United States and Cuba together of
424 716 tons, against, 401 ,S52 tons last
week and 46S,675 tons last year, de-
crease OF SO $50 tons from last year.
Europe.-Stock in Europe. 100000
tons, against 2,311,o00 tons last year
Hamburg reports no shipments of su-
gar to the United States this week.
Visible Supply.-Total stock of Eu-
rope and america, 3.954,417 tons,
against 2779,675 tons last year at the
same uneven dates The increase of
stock is 1175,041 tons, against an in
clease of 1.170,317 tons last week. Tot<l
stocks and afloats together, show
visible supply of 4,044.717 tons, against
2,924.675 tons last year. or an increase
of 1,120041 tons.
RaWs.-The week under review con-
tinues to show the same slow but
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 adj
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 crop
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. 1t
will soon appear whether the full num-
Der of centrals will continue to work
or gradually fall off the same as last
year in April. In the meantime crop
receipts at shipping ports increase on
same weeks of last year, and no sure
indica tons of reduced final estimates
are yet in sight. With the improve
ment in the refined market there is
good steady demand for raws with
buyers willing to pay 7-32c. c. and f.
for nearby or March Cuba shipments
equal to 9-16c. landed, which is the
SPOT quotation) and DESTROYS of having
more supply than is offering of April
shipment at 2 lac. C. and f. for SO
deg. test.
Receipts for the week We're 40,S64
tons, MEETINGS $4,000 tons and stock
227, 716 tons.
European markets have remained
very steady during the entire week be-
tween SIS. 5 Id. and IS. 3D., closing
at SIS. Cd. for 50 deg. analysis beet f.
o. b. Hamburg, equal to 3.77c. for SO
deg. test Centrifugals at New York.
Beet futures are quoted at IS. Cd. for
December delivery.
misunderstanding the Improvement
in raws during the last fortnight. the
demand for refined increased and a
general advance was established of 10
points by American, Howell and Ar
buckle, and points by Federal, max
ing all refiners lists on the same basis,
say 460c. less 1 per cent. cash for
Granulated.
Abundant opportunity was given
buyers to engage 80 days supplies
ahead, under contracts, with the usual
guarantee, on the old basis of 4.50c., !
and then the American and Howell be-
came firm at 460c. The Arbuckle and
Federal refneries, however. are still