Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1908-10-02
PROSPECTS FOR
next SUGAR CROP
WiIIett & Gray Agents Are
Making Preliminary
Estimates


September IA reports as follows on
the raw sugar market.
RaWs.-Tho week under review lie.
vcloped no specially new features, nj.
thoIah on the whole the details are
favorable to the markets here. Beet
sugar which was 9s. 6 d. las, week IL
now 9s. Cd. for present month, and Is
I'D. higher for october and NAV now
crop deliveries at 9s. cad. and So.
lloyd. respectively.
Three cargoes Oi Javas, all DAT, have
been sold to the United Kingdom at an
understood basis of los. Cd. C. t. T.. 90
test, thus diverting some $4,000 TOYS
which might have come this way.
Canada entered the market and took
some San Domingo centrifug.ls that
are coming here at basis of 3.95c.. %
test. says SC. per 100 lbs. above cur
rent quotations for use here, Jut a
later sale from warehouse of 27,00o
bags centrifugals to the Arbuckle re-
fnciy at 1896, SO test, establishei the
quotations here to this basis.
In the meantime 2kc. to 2.17-32c. C.
and E., 95 test, continues the valus If
Ccoa centrifugals for shipment, under
very light offerings.
The stock remaining In Cuba Ii Int
$4,000 tons, against $4,000 tons last
week and 10000 tons last year.
Two cargoes of Javas, afioat on the
Atlantic must come here and are on
sale at los. Cd. c. |. T., 90 test, and In
absence of buyers, on or before arriv-
al, are intended to be warehouscd, 1t
is said, by the owners.
Under present and prospective con-
ditions of the raw and refined markets,
II ought not to prove difficult to find
buyers for all the Javas that may not
be diverted to the United Kingdom.
A continued firm and steady market
here seems to be assured so long as
Europe holds to its present firm posi-
ton. The smaller receipts OF Russian
sugars than was looked for in the
United Kingdom Is having very heal.
thy effect upon that market.
Mr.. +. o. LIGHT cables us that the
weather this week has turned unfav.
orable for the beet crop, which is more
important coming at this critical time
OF crop maturing. General crop pros
poets are treated of by us in separ-
ate article.
Free arrivals of Java cargoes pre-.
viously sold are noted nj different
ports of the United States, but total
receipts are but 1886 tons, against
56,25i tons preyious week which. with
lhoIt,nps Increased IN 40 mo ton, 70.
duces stocks to 256,2l2 tons, against
257 .S2G tons last week
The tone and tendency at the close
Is to continued steadiness In values at
the advance noted.
Present indicated Yields Of Grow
Ina crops.-It is much too carly TO es.
innate the outturn of the growing
crops. as the weather and other condi.
lions during the next few months NAV
cause great changes I'm their prospects
I Oporators however wish 10 Lnow
what Yields NAV reasonably he cxpect.
ed based on reports received to date
We. therefore. give the following ms
the present Indications only. and NOT
as close estimates.
Beet.-In Europe there is de.
creased acreage of 3.4 per cent. The
season has been favorable during the
greater part. Latest tests of roots
show heavier weight and higher tests
compared with last year. which Is
likely to more than offset the smaller
acreage; the outturn last season was
6,5f2,OO0 tons. Present indications
point to a crop of 5000 900 to q. 500 OOC
tons, provided conditions continue fay
orable.
In the United States the condition
of the beet crop Is irregular. being
favorable In Michigan. unfavorable in