Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1908-04-16
SUGAR
ACKNOWLEDGEMENTS gyssysnypae,s.ss,s,.

Wiliett & Gray's Sugar Journal TO,
April reports as follows on the su.
gar market:
STATISTICS BY SPECIAL CA. !
BLES. Cuba: The six principal ports
Receipts. $4,000 tons: exports. 10000
tons; stock, 223,GO0 tons. against 4l2..
900 tons last year.
Centrals grinding, 1856, against $50
last year.
Stocks in the United Estates and
Cuba together Of i30,43l tons, against
421,352 tons last week and 674,39i
tons last year, decrease of 243,96O
tons from last year
Europe:' Stock In Europe, 1900.
600 tons, against 3,l27,0O0 tons last
year.
VISIBLE SUPPLY.-Total stock Of
Europe and America, 3.i6O,431 tons,
against 1891 ,30l tons last year at the
same uneven dates. The decrease of
stock is 3iO.96O tons. against de.
crease of 3C3,274 tons last week. To.
tai stocks and afloats together show a
visible supply of 1915, 43l tons.
against 1881, 39i tons last year, or
decrease OF 3O5 900 tons.
RAWS. - The week under review
has shown some signs of reaction,
such as are always present In an ad.
vancing trend to the sugar market.
The large and rapid rise both at
home and abroad naturally led to
much realizing at the top prices and
checked temporarily the upward
movement--only temporary, however.
as all the advance made is fully war.
ranted by the crop situation. and al.
ready at the close there is q partial
recovery In Europe by renewal OF
purchases there by American refiners.
Thus far these purchases have
crossed the 100 ,O0Oton mark set by
us at first, and are now likely to con.
tinue from time to time until our la.
ter estimate of 100000 to 100000 tons
Is finally reached. Indications still
point to shortage In the Cuba crop
| which, figuring from n visible of $50.
900 tons to this date, may not exceed
100000 tons In all. Dry weather in
most sections Of the Island continues
TO unfavOrably affect the old and
young canes. The number of Gen.
| trails grinding is reduced to 1885, or
six less than at this time last week.
The actual quotation for 90 degree
Centrfugals has not changed from
4.36c. duty paid and &c. C. 4 f.; but
for several days purchases were i'm.
practicable and were only able to be
| resumed by an actual decline of 3D.,
| which came to the European beet su.
gar markets. Advantage was taken
of this reaction and disposition to
| sell to secure some 100000 bags of
Centrifugals at &c. C. G (. and 10000
| tons or more beets at lis cd. C. a. f.,
equal to 4i0c. per pound for &c dc.
gree Centrifugals. #
Centrlfugals and bects are now at
about equal parity, and the course %
| prices from now forward will be gov.
erned by the European markets,
which in turn are largely Influenced
by news from this side and from tho
Colonies as to maturing crops, and
these informations go over the cable
! almost daily, accounting for the FIRE.
quent up-and-dOwn fluctuations on tho
Sugar Exchanges.
One notable feature of the rise in
! sugar values has been to bring into
notice the sugar crop of the Philip.
pine Islands and to reopen the Unit.
| ed States markets for their disposal.
Thus far, quantity variously csti.
| mated at $4,000 tons to $4,000 tons
has been bought at prices not made
public. Further business is pending
at an advance asked. These sugars
pay five per cent. less duty than Cut
has and % per cent. less duty than
Javas, and under present world val,
| ues can find IN outlet here for all
they can produce withou. any further
| change of tariff.
During tho week Cub Ccn.r.fugllf
for May shipment wore pla ed al
3 Lice. C. & T.. III" closing So cs GOV.
ering only April shipment ~ &c.
Jayas for Junc-July shipment have
recently been offering at lis. 10 I'D.
c. & f., equal to i.33c. landed for 90
degree test; but these are now with,
drawn and may have been sold.
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