Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1906-11-06
FUTURE Of SUGAR
wILLEIT { GRAY MAKE
FORECASTS FOR TIE YEAR
PRODUCTION DECREASED AND
CONSUMPTION ESTIMATES
ALL ALONG THE LINE,
LIGHTS REPORTS

tons: I
VISIBLE SUPPLY.-Total stock Of |
Europe and America, S75,393 tons,
against y23,969 tons last year at the.
same uneven dates. The decrease Of |
stock Is 4S.57G tons. against an increase |
Of 102.S32 tons last week. Total stocks !
and afloats together show visible /
supply Of l,O75,393 tons. against OBS. |
eG9 tons last year. or decrease of ILL., |
S32 tons.
RAWS.--The changes of the week
have been confined to the European
markets. Quotations here have re-
manned steady at ics for 90 degree test
Centrifugals with a tendency to ask
more for the few cane sugars Offering.
Beet sugar opened at 9s Cd, declined
TO 9s . Lid. advanced to IS Z lid, and
declined to 9s 1-2d at the close for
prompt delivery with November quot
ed at IS lid and March IS 3 3-id.
The weakness which has developed
is due to the first estimate Of the Euro
pean beet crop made by Mr. +. o. Licht
rs 100000 tons, which IL some 800. 900
tons larger than had been anticipat cd,
although nearly 100000 tons smaller
than last years crop.
In another column we give sum
mary Of the sugar situation as shown
statistically by the latest advices. OF
which please take note us OF especial
Importance In anticipating the future.
We also give our new estimate Of
cane crops, placing that OF Cuba at L.
100000 tons, which accords with the
latest data received from the island
and depends largc;~ on an early begin
ming of the crop season and good
weather throughout.
Gable advices today speak of a cy-
clone that struck the islands yesterday
hut no particulars Of damage II any TO
crops Is yet ut hand.
Receipts for the week were large. say
h3,O96 tons, against requirements for
MEETINGS Of $4,000 tons. ReHners are
Indifferent buyers. although they have
made some purchases Of beet sugar In
Europe during the week for October
shipment on basis of 9s Cd, C. and T..
equal to S.96c per pound for SO test
centrifugals.
Demeraras has recently been done on
parity OF 4c. landed for 90 test. or a
triiie over.
New crop Cuba centrifugals for De
cember-January shipment continue to
be offered at 2 -13-32c. without finding
buyers even at 3-Sc., C. and T.. for 90
test. equal to 3.74c. per pound duty paid.
Our American Beet Crop Estimate
We give In this number our preliminary
estimate Of the new American beet sug-
ar crop for the season l90G-O7 as being
$4,000 tons. dependent upon favorable
weather conditions until the close OF
the campaign. The production last
,., u'en -oo,'a. eons sugar
a., nv o"ae .",s year VI oi'<o' IONS Ut
~, ~. 20 ,,ui ,
,,hII,, Up ESs' ',. year uso
", ,pa ,an. oc ou p'enn'ihay es.naoe
ina 'a o., 900 -. .ane s"sa' eiops US pc
ns ,,io,VVV .ons anu W. NOW PRINT 'he
onc 600 ns"'eS io' 'h"' seasoh-sas
III -.
,, 'n, oei We sNe our prennh-
@ y, sne neM cuhe busaf
NJ " .me mo'u ror .ne season isoo,
~, 30 900 80 p.,, hs 70 .o'ai
-, nni', 10 o,e , ,no"inS ne' inerease
~ 80, .ons' 10 .onhp"'ru VITA
rn,.,a,. .ia, .a'I oen. nc &c , nn',
go ~. ' ,,,,'I ae wv ea 80 VI oo'osV
Ia,,, ana Inan"ana 20 o, ooo .ona W.
C,ha OK ooo ,ans ,n ph,,; o,Jvo ,ons a ~
~ oa o,nus y, . o. ~ ,ppne ,s,u n onc
,omS T., ua,,ai,. ,.t, NV III" io'oo'
~ '"""''"" '''"''
we now look Tor production OF
l,-oV'ooo TONS sugar IN CUBA; In view
VI ,he recent pacincation OF the Island
hnI OF the prospect OF an early harvest
win most OF the factories wei equipped
,or tne new campaign, against late
harvest with many factories awaiting
ihs,allation Oh improved machinery iasl
season. Dut our estimate is dependent
upon continued favorable conditions.
World rroouction ana Consumption
inc new Deet ana cane sugar crops
oi tue world give promise OF a good
zen: aitnoush estimated to outturr
ao',i99 tons less than the records crops
VI iast SEASON. III tne latter campaign
one production was IN IONS: cane, T.,
'oo'oes; european Beef, o.so4,ooO, and
a.. nneilcah beet' -o3,,iG totai, i2,i4a''
~ IONS, WINE ior l9Vo-oi the totai es'
u n are; Zane, t''io'oooi European
peel, o'oo.ooo' ana american Beet