Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1910-01-31
EASTERN REPORT
ON SUGAR CROPS
Cuba Makes Shipment
Of Sugar To
Canada

Willett & Gray's Sugar Journal
for January IL contains the follow
ing on the raw sugar market:
Statistics by Special Cables. =
Cuba.--The six principal ports: Re-
ceipts, $4,000; exports, 10000:
stock. 10000, against $1,000 tons
last year; centrals grinding, 1871,
against l01 last week and 81 in 1909
and So in 1908.
Stocks. in the United States and
Cuba together of 11i.223 tons,
against S0,i12 tons last week and
1910 tons last year. decrease of
1883 tons from last year.
Europe Stock in Europe, 2,727.-
600 tons, against 3,265,000 tons last
year.
Visible Supply.--Total stock of
Europe aud America, 2.S41,223' tons,
against 3.3S7,1O6 tons last year at
the same uneven dates. The de-
crease of stock is 545,SS3 tons,
against decrease of 552,610 last
week. Total stocks and afloats to-
gether show a visible supply of -
l91S,223 tons, against 3,4i7,106 tons
last year, or decrease of 49S,SS3
tons.
Raws.-Review of the week shows
spot quotations Of 90 deg. centrifu-
gals advanced from i.02c. to Ill
per h.. with sales on the latter
basis of $500 bags, prompt shipment,
and about 100000 bags January
February shipment Cubas, basis
. lic. C. 4 f., and 10000 to $4,000
bags Porto Ricos at 4 i-Sc. Also,
80, 900 bags February-March to spec
c. Il T. G.17c. landed. with sale OF
April Included at aisle, C. d {. to
spectators.
4 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 CEN
trifugals were sold to the st. Law
renee Sugar Refining Company, Mon
treal, on basis of 2 T-ic. c. a. f. TO
) New York (i.11c.) for shipment to
Canada via New York. and yester-
day, same refinery bought further
10000 bags ut 2.S1c. 6. & I. New
York for February March shipment.
At tho close the market Is very
strong AT reinefs' limitations OF
2.s1c. c. & f., with 7sc. C. 4 {.
GENERALLY asked
} Early In the week some $4,000
bags Cuba and $1,000 bags Porto
Rico for January shipment Were
bought at basis i.05c., 90 deg. test
but with an excited and advancing
beet market in Europe prices have
jumped to the Ale. basis and high
} err for futures.
The American are taking all Of
: ferings at 2.S1c. C. & f., SO deg
test, for January and February ship
ment, equal 4.17c. landed, on bash
of which large sales have thus fal
u been made.
Europe is having continued spec
: ulative upward spent In bee
] sugar, based partly on sundry ru
I mors and expectations of events
which may or may not materialize
c Paris. for instance, reports to us ru
! l.mors OF unsatisfactory results iron
E. Cuba, which are not confirmed b.
: or direct news from the island. II
$. some parts reports are given of les
l. Juice from canes than expected, blu
as whole the results thus far ar
better than last year and the ton
i mage of cane is much better. DE
/ cember grinding is always much In
g rerior to later on and can not b
q used to forecast crop results. w
% are not yet In receipt of suflicien
data from the Island, however, I
warrant an increase in our presen
estimate of 100000 tons total out
> put of sugar.
Beet sugar advanced from 12s. %
to IS. Sd. for present month; 49,
lid. February; las. A lid. MAY
| with cane sugar advanced from 49,
| Sd, TO 13s, 10 lid.
| The Cuba crop is progressing sal
| isfactorily, with 49, centrals grint
ing.
Receipts for week, $4,000 tons
exports, 10000 tons; stock. 5000
tons.
Ahoats from Cuba should increas
more rapidly soon.
United States stock increased
S4.22S tons from the low point
last week.
| There is no special news fro
other parts of the sugar world.
Note our Liverpool letter, whit
explains methods of selling Englis
and foreign sugars there.
Cuba centrifugals are now tic. Pr
100 pounds below parity of be
sugar, indicating business befo
long in Cuba sugars for shipment
the United Kingdom.
Refined. The Federal moved pri
of graduated up TO the general lev
of 4,95c. less 1 per cent. and i
sumed MEETINGS.
Following the last advance