Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1909-08-24
SUGAR

Willett & Gray under date of Aug.
5. report as follows on the raw sugar
market:
Visible Supply.-Totll stock of Eu.
rope ana America, 1,ssO,sSd tons.
against .s47 ,224 tons last year at the
same uneven dates. The increase of
stock Is 32,6l2 tons. against an In.
crease Of SO 1884 tons last week. Total
stocks ana aaonis together show n
visible supply Of 2.lCO.S36 tons. against
: lG1.22i tons last year. or decrease
of &C 1888 tons.
Raws.-The week has shown an adj.
vancing tendency to sugar prices
throughout.
Transactions covered moderate
quantities at an advance early In the
week of .03iac. to 4.02c.. basis So test,
for full duty paid Ccntrifugals anoat
from Surinam and San Domingo, with
further advance later of .03c. to
lose landed for st. Croix Centri-
iugals. including Cubas, ut It's equiv
alent ll.lGc. C. & I. for prompt ship
ment.
Holders are now asking 2Nc. c. q {.
for Cubas. equal to Ale. landed
while Javas afloat shipped In June
(nearly duel are offered at lis. I'D
C. {. l.. equal Ale. landed, go test
and July shipment at lis. C. & {.
II Is reported that one cargo of ia.
vas was recently sold shipped first.
half July, Mt lis. C. {. |. to New York
refner.
Unsold sugars In Cuba are reduced
In quantity to some 10000 tons. and
being generally In strong hands. the
holders are not disposed TO part with
them except at prices close to the
value Of Javas.
As to Javas, the quantity available
for arrival before October LIST appears
to be much smaller than anticipated
there having been delay In shipments
caused by wet weather: private
cable Just received from Java reports
total shipments during June and July
OF only 100000 tons against $4,000
tons last year to Europe and America
Of this quantity two or three cargoes
have been sold to United Kingdom
buyers, the prices understood 10 he
los. Cd. C. {. l.. fixed n fortnight ago and
Is. Sd. C. f. |. fixed yesterday. Javas
being relatively cheaper than beet, n,
present, the cane sugars are attractive
To Engl rehners: for this reason
and bee 10 Of the very moderate
supply ailoat, the holders are encour
aged to ask higher prices.
Javas for August shipment, which
VIII show an increase In quantity over
the earlier exports, are offered ut lis
c. C {.
United Kingdom buyers are biddinl
lis. 3D.. C. I. |. for San Domingo Cen
trlfugnls, the equivalent of 4O5c. land
ed ut New York. which is the presen
spot quotation here and, naturally
such sugars are disposed OF In thil
market.
European markets are firmer an,
2hd. higher at los. 9Kd. for promp
, beet Of cool and wet weather In Eu
rope and low comparative tests OF tn,
beets In The fields: the close, however
, IL easier on latest advices of NOR,
favorable conditions In some sections
, Stocks In the United States fou
, ports are being steadily reduced b,
small receipts and full MEETINGS hui
the reiners have ample supplies L
meet requirements for several week
and may be expected to continue thei
. usual policy of providing good work
/, Ing stock.
The Porto Rico stock estimate |
, increased $4,000 tons but there is nov
but little left in the Island to com
, forward.
, Louisiana cane and United State
beet crops give promise of full out
turns.
At the close Cubas for secondhal
. August shipment were sold to the FED
oral at 223,32c. C, & T., equal i.OS,
| landed, and Porto Rico Centrifugal
! for August shipment at the same prlc
equivalent.