The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1910-02-08

stions continue good in Hawaii. Some
difficulty has been experienced in some
of the windward plantations in ship
ping sugar owing to the very rough
seas prevailing during the past few
weeks; but this is only temporary and
will have no final influence upon the
crop.
VISIBLE SUPPLY.
Total stock of Europe and America,
|42, s41 ,223 tons, against 3,3S7,106 tons
Hast year at the same uneven dates.
THE decrease of stock is 545,ss3 tons,
f against decrease of 552,610 last
week. Total stocks and aAoats to
8 gether show a visible supply of 2,91s,-
E 523 tons, against 3,417,lO6 tons last
+ year, or decrease of 49s,sS3 tons.
Under date of January 18th, Willett
& Gray report as follows concerning
the Cuban situation:
feature of the week is first
transaction in Cuba sugar for ship
ment outside of the United States
since the reciprocity treaty with Cuba.
Ten thousand bags Cuba centrifugals
were sold to the st. Lawrence Sugar
Refining Company, Montreal, on basis
: of 3.4c. G. & +. to New York
(4.11c.) for shipment to Canada via
New York, and yesterday, same re-
fnery bought further 10000 bags at
Sic. c. & f. New York for February
March shipment.
At the close the market is very
raGpare; ;ntimatiopc nf Q S1P
{. & f., with Use. c. & f. generally
asked
Early in the week some $4,000 bags
Cuba and $4,000 bags Porto Rico for
January shipment were bought at
basis 405c.. 90 degrees test, but with
an excited and advancing beet market
In Europe prices have jumped to the
lie. basis and higher for futures.
The American are taking all offer
ngs at oslo. c. & f., SO degrees test,
for January and February shipment
equal 4.17c. landed, on basis of which
large sales have thus far been made.
Europe is having a continued spec
+ ulative upward movement in beet
sugar, based partly on sundry rumors
E and expectations of events which may
or may not materialize. Paris fol
instance. reports to us rumors of un
satisfactory results from Cuba, which
are not confirmed by our direct news
from the island. In some parts re-
ports are given of less juice from
canes than expected, but as a whole
the results thus far are better thar
last year and the tonnage of cane i:
much better December grinding j:
always. much inferior to later on an(
$ cannot be used to forecast crop re
g. suits. We are not yet in receipt o.
sufficient daa from the island. how
ever. to warrant an increase in oul
present climate of 100000 tons tota
Dutput of sugar.
Beet sugar advanced from 12s. Cd
to lbs. Sd. for present month; 1Ss
lid. February; lbs. Lid. May
with cane sugar advanced from lbs
3d. to l3s' 10 led.
The Cuba crop is progressing salts
factorily. with 131 centrals grinding
Cuba centrifugals are now lie. pc
100 pounds below parity of beet sugar
indicating business before long il
Cuba sugars for shipment to tn
United Kingdom.
American Sugar Refining Co.-Th
annual meeting of the American
Sugar Refining Co. was held on tn
18th of January.
The directory was increased fror
nine to eleven. including Messrs. Ed
win F. Atkins and Samuel Carr o
Boston, representing New Englan
stockholders. Mr.. E. S. Marston o
New York was elected director t
fll the place of Mr.. Chas. II. Senfl
who declined reelection. Messrs. w. F
Thomas and H. f. Niese were reelecte
and Mr.. Samuel c. Hooker of Phila
lelphia became a new director i
place of Mr.. John Mayer, who re
Figned.
The other directors are Henry {
Mott. George H. Frazier. John T
Parsons. Horace Haevmeyer an
) Arthur Bonner.
The financial statement will be sen
% stockholders later.
The votes cast were 64S,3s6 out o
possible 100000.
The bylaws were amended to pre-
vide for change of date of the az
hual meeting from the second Wed
iesday in January to the second WeC
nesday in March.
After the stockholders meeting tn
directors reelected the former officer
viz: President. W. B. Thomas; vic
president and treasurer. Arthur Donnel
Eecretary. Charles r. Heike. James n
Beck is the new general conunsel G
he company.
Provision was made for an execl