The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1907-02-25
SUGAR
OBSERVATION-DISCLOSURES

The following is Williams, Dimond
& co.'s latest sugar circular:
! our last Circular per Copuc was dat
ed January 49, 1907
sUGAR.-No change in prices has
since occurred in the local market or
for export to Alaska and Hawaii, quo
tations previously advised still being in
force.
New York Basis 90 Deg. Centrifugals
Ian. 18th to 23rd. no sales; oath, cost
and freight sale 800 tons at S.4Sc.; 25th,
cost and freight sale 5000 tons at Base;
26th. no sales 2Sth "to arrive" sale 5000
tons at 3.4S5c. goth to Feb. 4th, no
sales; 5th, cost and freight sale $500
tons at 8.42c; 9Th to Sth, no sales; 9Th,
"to arrive" sale 23OO tons at 3.42c.; since
which no sales, holiday intervening
Feb 18th. establishing basis by trans
actions recorded Feb. 5th and 9th at
9.42c.
London Beets.-Jan. 10Th and 18th, SIS
I9S-4d: 18th, IS Cd; 18th, IS 3-4d; 2lst,
SIS Cd: 22nd to 25th, IS 3-4d; 26th and
2Sth. SIS Cd: 29th, SIS lid; Both and
I31st. SIS I'D: Feb. LIST and End, SIS
IS1-4d; 4th, SIS 1-2d; 5th and 9Th, SIS
slid; It'll, SIS Bid; Sth to 18th, IS cd;
I14th. SIS 3-4d.
New York Standardization de-
clined Feb. 9th over previous list phi
ces 10 points, establishing a price on
that date of 46Oc net cash in barrels,
equivalent to 4.55c net cash in bags.
London Cable.-Feb. 9th quotes Java
90 deg. test 9s 10 I'D; Fair Refining
IS Cd against 9s and IS 1 I'D respec-
lively, same date last year. March
Beets IS sd against SIS correspond
ing period previous year,
Latest Statistical Position.-Willett
& Gray report U. S. 4 ports in ali
hands estimated Feb. 9Th, 14S,75S tons
against 13416S tons, same date last
year. Six ports Cuba estimated Feb
5th, 10000 tons against $1,000 tons,
same date in 1906. United Kingdom,
estimated Feb. LIST (bonded stock 115,-
900 tons against 10000 tons previous
year. Total stocks in all the principal
countries by cable Feb. 18th, at latest
uneven date, 3,7S4,75S tons against A.
O34, 1853 tons: decrease from last year
249, 41O tons Sugar crops of the world
estimated Feb. Z, 19O7-Total Cane Su-
gar crops CIV. & c. 4,9265OO tons-Eu-
ropean Beet Sugar crops Of. o. LichD
6,69O,O00 tons. United States Beet Su-
gar crops CIV & G)-July and Octo-
ber-395, 900 tons. Grand total cane and
beet sugar 1901, 500 tons against 49,
1902 tons in 1866; estimated de-
crease in the worlds production 1885,
ton 1882 tons.
L &c
Throughout the period under review,
5 prices for European Beets have been
{ fairly and well maintained. A weak
. er tendency developed for a brief per-
l. iod, ascribed in part to speculative in
y huences and rumors of a possible in
n crease of sowings for the next beet
e crop. Quotations however have since
g rallied to the point of complete recov'
g cry and latest advices indicate a firm
market, thereby exhibiting features
- which on the other hand have not beer
/ reflected in the course of the market
/ for Raw sugars in this country during
II the interval under consideration.
- Values in Cuban Centrifugals have
continued to weaken and it would seen,
n that the rapid making of the crop I'M
20 der satisfactory weather conditions, the
e lnadequacy of convenient storage ia.
- cilities in Cuba, and the financial needs
o Of planters, are the foremost contri
r butory causes of the existing period OF
e. depression. Refiners are disposed t
e take full advantage of the situation
particularly in view of the fact thai
e their present requirements are beinG
. amply supplied by the free arrivals o.
their previous purchases and in the alb
Y sence of demand from speculotors OF
I sales of Cubas to Europe, demand con
s cessions from sellers to which the com
s parative helplessness of Cuba's pu,i
|. ton forces her in a large measure t,
respond. Accordingly it is quite un
{ likely that relief will be afforded unit
e decrease in crop making will inhuenc,
n the market and a gradual strengthen
a ing tendency set in which will mari
e the approach to normal conditions ant
e the re-establishment of direct relation
d to world values with which Cuban su
l. gars at this juncture are entirely GU
y of sympathy.
e The market for the Refined pro iuc
1t has been dull until the reduction II
quotations the early part of this montl
quickened somewhat the demand 70
the article
N COFFEE:-Since our last advices tn
y arrivals of Hawaiian coffee to thi
n market aggregate 1850 bags deliverie
l. have been 114O bags, leaving an a val
S able stock of say 1890 bags. Marke
" conditions locally are unchanged an
H. we confirm our previous quotation,
~ European and Brazilian markets hav
CT advanced and continue steady.
" RICE.-Recent arrivals latterly t
u the local market consist principally G
AZ Chinese Seed Rice which is worth a
20 the present time 1-Sc to 5.S5c ex WI al
.. according to quality. Regular isian
Rice is scarce and sales from second
hand have teen made at 475c. but an
large receipts would drive the prlC
~. down to 4 1-2c to 5-Sc. A good d,