The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1907-10-24
SUGAR

va va IA "a "a "a 81 "a 80 ga .
willett & Gray's Weekly Statistical
Sugar Trade Journal for October II
contains the following information:
| Estimated affoats to the United
States from Cuba and West Indies
$4,000 tons; Hawaii, $4,000 tons; Java,
| 100, 600; Peru, etc, 5000 tons. Total
215 900 tons, against 100000 tons last
year.
lowest price named for refined here
is basis of granulated, in barrels at
465c net cash, quoted by Federal.
Cuba-The six principal ports: Re-
ceipts. none; exports, $500 tons; stock,
3d. 500 tons, against $1,000 tons last
year. No centrals grinding against
last year.
Stocks in the United States and
Cuba together of ,912 tons, against
295, 1871 tons last week and 201,297 tons
from last year.
EufOpe.-SIOCK III EuIOpS3 a0c,VuU
tons, against $4,000 tons last year.
Visible Supply.-Total stock of Eu-
rope and America, 1,046,912 tons,
against 1,113,297 tons last year at the
same uneven dates. The decrease of
stock is $685. tons, against decrease
of 139, 122 tons last week. Total stocks
and afioats together show visible
supply of 1,281,912 tons, against 1,343,-
297 tons last year, or a decrease of
81, 912 tons.
Raws.-There has been no change in
quotations for centrifugals during the
week
Business with the Federal refinery
as the only buyers has been on basis
of 9-16c. C. & f. So deg. test, equal
to 3.95c. per Id. So deg. test duty paid.
The Federal, having smaller stocks
than other refners, also bought car.
go of Javas due to arrive late Octo-
Der at los. 8 sd. C. f. & i. SO deg.
test, equal to 394c. per ID. duty paid
and showing a slight reduction from
previous sale to the same buyers. At
the close centrifugals, including Javas
af1oat, are still offered rather sparing-
ly at same basis of 3.95c. per ID. SO
deg. test with absence of buyers in
the market.
European markets made narrow
fluctuations for beet sugar downwards
closing at lowest point of IS. lad. on
a dull market, influenced by favorable
weather crop conditions as cabled by
Mr.. LIGHT.
Weather reports from Cuba indicate
a decided lack of the necessary rains
to produce satisfactory crop results,
and definite advices begin to come to
hand of special difficulties on many
estates.
Cane in the fields of some centrals
is being sold to other centrals for
economy sake. This assures the grind
ing of all cane in the fields notwith-
standing the fact that a less number
of centrals will work during this sea-
son.
Beet contracts for May delivery are
again below 10s., at IS. IL Id, and
might possibly go to IS. I'D. event
ually and temporarily, at which the
outlook ahead gives fair promise of
profits on purchases made without
special risk of further important de-
cline.
Refined.-The demand has been good
throughout the week, most of the or
ders being accompanied by instructions
to hurry the sugars forward. The
country is on a hand to mouth basis
as to carrying stocks and must con-
stantly replenish.
All indications point to firm, steady
market, with a fairly large distribu-
ton for the month of October
Prices are still quoted, basis of gran
ulated at Assoc. less | per cent. cash
by American, Howell and Arbuckle,
who can ship promptly except the soft
grades which are nearly a week over
sold, with Federal naming 4.70c. less
L per cent. and being 10 days behind in
deliveries.