The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1908-06-21
THE FLEET.

The FLEET.
Arrange ments for the entertainment
of the feet go on apace. The commit
tee in charge now asks for 500 900 FOL
this purpose, and the ways and means
committee have set about raising thi:
amount
The latest mail adviees on the sugar
market are from Smith & Schipper, re.
eeiyed by Alexander & Baldwin by the
Alameda. They are under date OF
June 5:
There is no special change in the
situation, as the transactions have been
moderate, at about previous prices. The
general tone, however, is firmer, and
the quantity of sugar offering is, il
anything, rather less than a few days
ago. On the 81 inst about 5000 bags
centrifugals afoat were sold to Messrs
Arbuckle Brothers at Sc cost and
freight, basis SO, and it is believed that
this buyer also purchased about 10000
tons to 10000 tons Javas, in Liverpool
prompt shipment to New York, at Us
Cd c. i. f., which is equal to Allie
duty paid for So. 1t is also reported
that the Warner Sugar Refining Com
pany have purchased 1000 bags Porto
Ricos, for prompt shipment, at 4ssc
c. i. f., basis 90. This shows a slight
advance for nearby sugars. All re
finers are in the market on the basis OF
Sc cost and freight, basis SO for Cuba
centrifugals, but nothing is obtain
able on this basis, and a moderate
quantity is offering at &c cost and
freight, basis 95, for June shipment
and one small parcel could probably be
bought az 1-32c, basis 90. The total
quantity obtainable however, is mod
crate, even at the above prices, and to
secure any large quantity of sugar re
finers would probably have to pay
Lice to 31sc, cost and freight, basis
o. We would call the market firm at
the close, with buyers on the basis of
4.36c to 4ssc duty paid for 90 cen
trifugals, 3.S6c duty paid for SO Mus
covadoes, and sole duty paid for So
molasses sugars. The receipts at the
four ports are beginning to show ma
teriaI falling off. and from now on
stocks are likely to decline from week
to week. The world 5 visible supply is
100000 tons, against 100000 tons
last year.
Cuba.-From all the information we
have. received by mail and cable, the
Cuba markets apl ear 10 be very firm
but quiet, with little, i any, sugar of
ferings. Cables received today state
that there are nine eentrals grinding,
and that heavy rains have set in.
1t is just reported that Messrs. Ar
buckle Brothers have purchased 10000
bags Cubas, for clearance not earlier
than June Is, at 2 3l-32e cost and
freight, basis %. There are further
buyers in this position. at the same
price, and probably at 3 1-32c cost and
freight, basis 90, but sellers are hold
ing for higher prices.
The Federal Sugar Refining Company
have just purchased 5000 bags Cubas
clearing about June 10, at 1-32c cost
and freight, basis 96.
Europe-The markets have beer
+ rather frmer the last few days, prob
ably owing to the purchases of 10000
to $4,000 tons Java sugars in Liver
pool by Messrs Arbuckle Brothers, anC
| inquiries from our refners for furthe
quantities of beet sugar, at about lis
| Cd. to lis. 71zd. cost and freight. To
day beet is offered at lis. Cd. c. i. f.
! for June shipment, equal to about ABS
duty paid for SO centrifugals. The IN
dications are that further business i
| likely to be done in beet sugar for Thu
| country in the near future. The Lon
| don beet market closes firm.
Javas.-A cable has been received
this morning, stating that it is raining
| in Java, and interfering with thu
| grinding. If this continues, the JUNE
shipments, which will be so mucl
| wanted in this country, may be delayed
| to a certain extent.