The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1907-10-09
Sugar and
Coffee
Observation-Disclosures %

fined: Unchanged. Net cash quota
tions this date are; Molasses. 3.09c.i
muscovado, 3.45c.; centrifugals, 1850;
graduated, 1850. Receipts, 30,071 tons,
MEETINGS, 1900 tons. Total stock in
four ports, 2s4.921 tons, against 245,S $50
tons last week. and 214,615 tons last
year.
States from Cuba and West Indies,
$4,000 tons; Hawaii, 10000 tons: Java,
100000: Peru, ETC., 10000 tons. Total
245, 600 tons, against 215.000 tons last
year.
Net Cash Prices Refined.-It is gen.
orally understood that the lowest price
named for refined here is basis Of
graduated, in barrels at 4.e5c. net
cash, quoted by Federal.
Statistics by Special Cables.-Cuba.-
The six principal ports: Receipts,
none; exports, 10000 tons: stock, $1,000
tons, against $4,000 tons last year. No
centrals grinding against last year.
Stocks in the United States and Cuba
together of 302. 921 tons, against 324, $50
tons last week and 249, SIS tons last
year, an increase of 53,306 tons from
last year.
Europe,-'Stock in Europe, $50, 600
tons, against 1,O49,OOO tons last year.
Visible Supply.-Total stock of Eu-
rope and America, 1882 tons,
against 1928, els tons last year at the
same uneven dates. The decrease of
stock is 1854 tons, against a decrease
of 176,326 tons last week. Total stocks
and afioats together show a visible
supply of 1,402,92 tons, against 1.52S,615
tons last year, or decrease of los, 694
tons.
Raws.-During the week under re-
view the raw sugar market has re-
manned unchanged. The few sugars
offered have been readily taken by re-
finers and more could have been sold
at the current quotations which are
2 9-16e. c. & f. for So deg. test centrifu-
gals and 3.95c. duty paid for SO deg.
test.
Two cargoes of Javas afioat were
taken at practically los. Cd. c. f. & |.
being the equivalent of 3.98c. per ID.
duty paid, basis So deg. test. Another
cargo just arrived at port of call which
could not be sold here at los. 3D. c. f.
81 |. has been ordered to the United
Kingdom, thus disposing of all cargoes
which will be due to arrive within
three or four weeks.
Javas for September October ship
ment are held at los. 41-2d. c. & f.,
equal to 3.9Sc, per Id. duty paid. The
forward supplies of Javas af1oat to the
United States amount to 100000, tons
and excluding all vessels known to be
going to Europe.
1t just transpires that some $500 tons
Philippine Island sugar was sold two
months ago to the American Sugar
Refining Co, of which there are now
on the way 1000 tons by the S. S. ST.
Patrick, which passed Gibraltar Sept.
18TH
From present outlook the shortage in
certain growing cane crops, particular
ly Cuba, will be about offset by in
crease in other crops available for the
United States, say Louisiana and Java.
1t is to be noted that whereas New
Orleans made large imports to offset
the largest shortage in last years do
nestle crop, such imports have now
in view of the 100000 tons ex-
pected increase in the new Louisiana
crop.
1t is now sufficiently evident that
the Cuba crop will mature later than
usual this season and amount to less |
than last years crop, but it is too
early yet for valuable estimates. More |
rain is wanted constantly at this sea-
son than Cuba is receiving thus far.
Mr.. LIGHT reports the weather very
favorable for the maturing beet crops
If Europe, which is important, as upon |
he weather at this season viii depend |
he maximum or minimum crop to the
extent of some 100000 tons, more or
ess, in outturn. Under no conditions t
s the crop estimated to exceed last |
year's.
Refined.-Steadiness has character
zed the local market for refined sugars
throughout the week.
The demand continues good. being
in the form of withdraw
lis, with moderate booking of new
contracts, under usual guarantees, as
Id contracts run out.
The distribution at the moment is
uite satisfactory, considering the
heritage of fruits for preserving. Tt
las not been necessary, however, to
Increase MEETINGS in order to meet the
emand, as the refiners hold ample
eserve stocks of refined.
Coffee.-The crop reports received
ere about the second Towering in the
to- as we'll as the Santos, regions, are
adorable, and the hopes are now
ased upon the results which may be
hown in october. AS regards the
antos prospects, the poor Towering.
part from other reasons. is conse-
uent upon the exhaustion of the trees
nd the soil. ,
The consuming trade is buying as
tile coffee as possible, but this policy
lsures a very sound market, and this.
,gether with continued unfavorable
onditions for the growing crop, will RI
kelly bring a change of views concern
lg the market, with interior dealers
, sparingly supplied.
September options, week ending Sep
,mber 20: Highest, 5.S5 to $50; low
It, SIS to $50: closing, SIS to 5.95,
sainst last year closing 6.55 to $50 t
o. last year, lac. 2
Visible supply OF the world, in bags i
,ptenber 1, 1907. 16,0O4.313; August 1, :
OF. 16,075, s12:. September /, 1906, TO-