The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1910-11-17
MARKET REVIEW
Continued from page five.)

the demand, so far as the Eastern re-
finers are concerned, can be expected
Some American Refined Sugar that
was bought last Summer, for shipment
abroad by European spectators, is
now offered for re-shipment to the
United States, and could be bought at
the equivalent of 4 ACC duty paid New
York, provided the duty assessed was
en- the same basis as the draw-bac
| allowed when the Sugar was export
ed The worlds visible supply is 74O-
| 600 tons, as compared with 100000
tons year ago. Messrs. Willett &
Gray figure the total stocks and
afioats together show a visible supply
of 749,522 tons, an increase of S5,248
tons from last year. The total stocks
in the United States and Cuba toget-
her are 1882 tons, an increase of
lO,24S tons from last year. The esti-
mated afioats to the United States
are $4,000 tons, against 1900 tons
last year.
Cuba:-From the Provinces of
ports that the cyclone has caused
some damage to the cane. but the
general impression is that this will
have very little if any effect on the
ultimate outturn of the crop. It will
be difficult if not impossible to make
reliable estimate of the crop until
after the first of December.
! Europe:-Licht cables ua Rngay
that the weather is favorable, both
fer the growing beets and harvesting
and the result of the extremely favor
able weather abroad is shown in the
declining London market. to-day's
closing being on the following basis:
October buyers, SIS Sd, equals 3.81c.
duty paid New York.
November buyers IS s / 4d. EQUALS
3Slc. duty paid New York.
January March buyers, IS 10 AID
equals 5.S5c, duty paid New York,
May buyers, 9s 0 3-4d, equals 3.S9c.
duty paid New York.
Javas:-There has been no change
in the position of these sugars. The
lcargo at Delaware Breakwater remains
unsold, and there are several cargoes
due to arrive early in November, that
are also looking for buyers.
Louisiana: first arrivals of
new crop sugars have been coming
into New Orleans during the past
weekly II Is thought that ,all the
mills will be working the early part
of November, and that some of the
sugar purchased by Messrs. Ar
buckle Brothers, for shipment from
New Orleans, will be received in
Few va between the lp,a ami 18th
Of November,
Domestic Beets;-This morning it
| Pittsburg to 47Oc, After the declines
in the eastern markets, the price for
the market west of Chicago was re.
duced to 470c, and it is thought that
;tt Michi,fn reiners, Whl are now
quoting 4,56c, for the territory be-
ween Pittsburg and Chicago, will
meet this price, either late tonight
or early tomorrow, in consequence
of which the market at the close Is
very much unsettled,
Refined sugar;-Untn this morning
eastern rehners with the exception
at the Federal Sugar Refining Com
panS were quoting 4,SO, for granulat
ed, With the Federal Sugar Refining
Cclopapy pJmng tho priCo Of 4 20
shortly after the opening the Federal
Sugar Refining Company declined "a
A,65op and all other reAners did the
? same This afternoon the Federal
Sugar Refining Company made the
f, decline "a the basis of i6Oo,, will
the other rehpers doing likewise, S,
al the close an reApers quote ON the
q basis OF t,6Oo, for grapulated, Ever
al the decline the market does po
seem 20 have steadied, and It woNl,
pot he surprising to see further de-
i lclines In the near future,
Yours very tTlN,
h. / 4 "a AZ A A. ia