Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1907-08-23
SUGAR


Willett & Gray's Sugar Journal for
August s says of the sugar markets:
RAWS.-The week has been ex-
tremely dull, with scarcely any de-
mand
On one day, a cargo of Centrifugals,
in port, was sold at the equivalent of
last quotations, basis of 3 15-16c land
ed for SO test, otherwise little interest
IN offerings was shown by the refners
With the movement In refined small
err than the production and reports
showing an improvement In the pros
poets of the growing crops, and, with
out any stimulating advices from
European markets, the refiners con-
icy.
Holders remained firm in their
views until toward the end of the
| week, when they began to show some
95 test Cubas, equal to S.95c landed So
test, bat withdrew them on finding
that the sugars were not wanted at
the moment.
Europe opened I'd higher, at 9s 81
for Beet, but closed at 9s Cd, with fut-
Jres quoted at 9s Tad for October
December, 9s sgd for January-March
and 9s 10d for May.
Iavas are still quoted, without re-
ported business, at los AID C. G. f. for
August shipment and at los Cd C. f. &
|. for afloats.
| Our special cable from Java advises
exports during July of $4,000 tons to
Europe and America, of which the
charters covering 10000 tons have u
S. option, and the message reported
the harvesting of the crop as proceed
| ing favorably.
Our weekly Cuba cable reports no
receipts, but reduction of $4,000 tons
in the stocks, and states that the grow
ing crop Is now favored with heavy
rains in some parts, after two weeks
of dry weather.
Receipts at the U. s. Four Ports for
The week were 31,SS7 tons, being dou-
. ble those of last week, but considerably
less than the MEETINGS, which were
slightly reduced to $4,000 tons. With
refiners product accommodating it is
probable that the MEETINGS Will be fur
Their reduced next week.
PRESENT INDICATED YIELDS
OF GROWING CROPS.-It is much
too early to estimate the out turn of
The growing crops, as the weather and
other conditions during the next few
nonths may cause great changes in
| their prospects. Operators, however,
wish to know what yields may reason
ably be expected, based on reports re-
ceived to date, We therefore give the
following as the present indications
only and not as close estimates:
BEET.-In Europe there is an in
creased acreage of 21a per cent. The
season has been backward with two
months of wet and cold weather.
Fields show small roots, but luxuriant
growth of leaves. Conditions now are
improving and weather more favora-
lie. The probability is for late har.
vest. The outturn last season was
100000 tons. Present indications
point to a crop of 100000 tons, pro-
vided conditions continue favorable.
In the United States generally the
beet crop is two to three weeks late,
but with the exception of California,
all important sections report improv-
ing conditions and much depends upon
the length of the growing season.
Acreage shows an increase of 306 per
cent, but last seasons exceptionally
favorable yield can hardly be expected
TO be repeated. The present outlook
| points to a crop of 415,000 tons Ii IA
vored with late autumn, against the
last crop of 433,O1O tons.
CANE.-In Louisiana the cane croE
has done well gene. ally since the be-
| aiming of the season and is now max.
| ing rapid progress. II the crop es'
capes damage, an outturn of 100000
IONS will not be surprising. Last year
the yield was exceptionally poor
amounting to only 100000 tons.
| In Cuba few canes we're left in the
! fields at the end of the grinding sea-
son. Paintings were small. The
young canes were stunted by the
drought. The weather since grinding
ceased, except for few weeks, ha.s
cen and is now generally favorable
| for tho craving cane which/ic reoov.
ering to some extent from the damage
done earlier in the. Year. 1t is expected
that the stiSstrr','est will be late. From
resent indications a possible outturn
| with normal grinding season, would
ne 100000 tons against the last crop