Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1910-07-26

visible supply of 2.4O1 1855 tons.
against 2,54l ,B29 tons last year. or
decrease " liO.364 tons.
hAws.--The interesting feature
this week IN oar ,.pOrt Is the stalls
tic. OF the total COhsdnlpt.on u sugar
in the UnitCd states IOr the Six
months ending June JVth OF this year
Of two preceding yearA These igures
show consumption of 1,6ll.S26 tons,
against 1902 800 tons last year. aud
/ ,5SG.SS tons in 1908. 1t will be noted
from the invisible stocks of refined,
mostly in rehners' hands, that the
me .tings or production of refined sug-
ar has been greater than the require
ments for consumption. This nyisi.
BILE will disappear during the last six
months of thu year.
Considering All conditions Of trade.
the actual consumption of sugar must
be considered satisfactory, although
slightly under the normal.
I he time Tor Improvement in prices
of raw sugars has at length arrived.
The stocks held in Cuba are now uh.
der inll control, and prics can be ask.
ed for the same more near based
upon the price OF beet sugars OF the
new crop Tor OctObcrDecemb1r deliv
cry. 1hs present dinerence OF parity
between Centriluglls and new crop
bects for Oct..Dec. Is lie. per 100 lbs,
which difference can he safely con.
sidered 10 be eventually closed up. as
our rehners sooner or later must draw,
to some extent at least, upon full
| duty paying sugars before the next
Cuba crop comes to maturity.
The week under review shows an
Improvement from 4.3Oc. per h., 90
test basis Centrifugals, to i.33c. per
b.. the closing quotation. but this diff
| ference of Be- per 100 lbs. Is. at the
close. virtually nominal. as no bust.
43Gc basis which Is likely to result
during the coming week. August
! clearance sold at Be-. c. a (. at the
close. Sellers continue to contract
| their offerings within narrower limits
| and hence. we infer that continued
Improvement In prices, even although
| slow. must follow.
Europe. also, has undergone fav.
orable change In prices during the
week Beet quotations last week were
lis. 1Oiad T. o. b. Hamburg and are
this week lbs. HI. with new crop
/ October. December advanced to lis.
| sad, against IS. ND. last year at
| this time. Cane Javas in Europe are
IDS Cd, against lis. Ii5d last year
at this time.
f. o. LIGHT cables us favorable re-
ports for the growing European beet
crops.
The whole worlds trend on sugar
| from now to the maturity of new Gro.
is towards somewhat higher prices
| everywhere.
Java sugars are still waiting buyers
! on the basis of about Also. landed
! &c test for OBSERVATION-DISCLOSURES arriv'
nl and the market eventually should
inclule purchases of these sugars to
| some extent at least.
No further business has been done
In Philippine sugars. Of which only a
/ moderate quantity main uneOld from
preceding crop. The encouraging
sales OF these sugars this season. at
large profits to the Filipinos. Is a
strong temptation for these Fillpinos
to increase their crop rapidly to the
5000 tons limits without assistance
| from outside syndicates.
Receipts at the Four Ports incroas
al and MEETINGS diminished, the lat
ter on account Of the holidays. Stocks
IN the United States and Cuba to
ge,hor are now 62G 2G5 tons against
| G35 909 tons last week and 55O,G2g
tons last year.
The weekly Cuba cable. publishel
elsewhere. figures out l,6sG,0OO tons
visible production to GAZE which, with
the same receipts at this time as last
year, would give total crop OF l,S0S1
$50 tons II the crop Is to finally turn
out materially less than 100000 tons
the weekly receipts should begin 4
show II in reduced amounts, of which
there are no present indications ThC
growing crop Of Cuba Is making fav
Orahle prgress but. Of course. II Is to-
early yet to say muca about IT,
In general at the close, the TON
and tendency of the market favors
! sellers.