Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1907-09-04
SUGAR


Willett & Gray's sugarrcular for
August 10 says:
RAWS.-After a long ,tod of in
activity, holders become I'd and, at
the close of the week theSorced ufi-
willing buyers to accept 1000 bags
of Cuba sugars, with the suit that
spot quotations show a dece of Lice
on Centrifugals and 3-16o dMolasses
sugars. The Centrifugals we sold at
2Rc C. a T.. basis 30 testequal to
3.S9c landed for 9G test, authe Mo-
lasscs sugars at 13-16c C. IT,, basis
SIS test, equal to &c landed 4 so test.
As the outlet for the rein product
Is very small at present, threfners
prefer to simply reduce mehgs and
remain out of the market Ir raws
meanwhile; but, II sellers ext pres
sure in Offering their holds asuch
time, they must expect to sbw the
buyers sufficient concessionh price
10 Offset the cost Of carryg the
sugars until needed.
Javas are thus far firmly heiat los
AZ c. G. + for August shipnbt and
los Cd C. f. G. |. for sugars afioa equal
to 3.9Sc landed, basis 90 ties with
buyers views around los C. & feaual
to 3.91c landed.
The first of the new Java cn has
arrived at New Orleans, amounhg to
$500 tons, per steamer Cametl and
will appear in next weeks figure One
or two more cargoes are on the W to
the same port. Arrivals of Ja,s at
The Atlantic ports will begin thin
a few days. and continue for ONE
time, to the extent Of 10 to 15,O0tons
weekly average.
Receipts at the United States Tour
Ports for the week were within lOOC
tons Of the requirements for melhgs.
which are being moderately redccd
each week, and the stocks In Ind,
with anoats, cover the immeste
wants of rehners fairly we'll Theie-
mand for future supplies dcpSds
.argely upon the movement OF relied
sugars, and If the latter does not sbw
activity soon 1t will not be necessr,
to bring quite as much from Javabr
Europe this year as was recently s.
timated.
In Cuba the total receipts at d
ports to August LIST amounted
l.999,0 tons and the stock of the Is
and on that date was $4,000 tons.
Our cables report the weather III
favorable for the Cuba crop and favo
able for the European Beet crop.
The London market remained III
changed at 9s Cd. for Beet throughol
the week, the tirmness being Unfit
enced by the generally strong statist
cal position and by the intimation thi
Russia will become party to Il
Brussels Convention.
Futures are quoted at 9s 9%d Il
February and 9s 10d for May.
BRUSSELS CONVENTIONAL
'oAN' Juis 81, lvVt.- ht Otduuti
publishes today telegram from 1
Paris correspondent, and containir
information which, II correct, must
considered of the greatest importanc
We extract the following therefrom
at seems clear that England wi
continue 20 adhere to the Sugar Coz
vention. but will be exempted frol
applying its penal clauses, but we al
eft to puzzle over the nature OF th
precautions that have been, or are
ne taken by the sugar-producin
States to protect themselves again
the reopening Of the English mark,
10 bounty-fed supplies. The secret
jealousy guarded here, but there is a
Impression in commercial quarter
that Russia has either been persuade
to adhere to the Brussels Conventio
or to agree not to take advantage g
the opening of the British market"
LONDON. August 2, l9O7.--Th