The Hawaiian gazette., 1910-04-05

here; 10000 bags late April and carly
May brought 3Be. c. e f., while con-
siderable sales of March.April were
made at Lice. c. & f., while consid-
cradle sales of March-April were made
at 3l-16c. C. &c f., 96o test. The last
sales were $4,000 bags Cuba centrifu-
gals to Federal for prompt and March
shipment at &c. c. &f. (4.36e. landed),
being resale by European operators,
evidently to be replaced by later ship
ment. and cargo of April at 3 1890.
C. & +.
t Rumored purchase by American re-
| fners of Java sugar for late arrival
possible as a precautionary move.
Other European holders of Cuba Gen.
trifngals for March shipment have ar
ranged TO warehouse for higher prices.
THE Cuban drought continued through
the week, and Messrs Guma. Meier ca.
bled that they must reduce considerably
their Cuba crop estimate of ], SSl,400.
tons. This reduction is now daily ex,
pected.
In meantime the total crop receipts
at all ports to March l were FAC, 766
tons, and total stock in the island on
49,
If later receipts prove the same as
Hast year Is after March /, the crop will
1 be about 1,660,500 tons, which, with
some possible increase in stock of sugar
on plantations, would give a total pro-
duetion of about our original estimate
of 100000 tons. In making this esti-
mate we took into consideration the
conditions now being developed.
The TTnifed Kino don1 unoor ;a+ora.4,
are disturbed already about their sup
plies, and complain of their difficulties
in the way of securing Cuba sugars.
Some 10000 bags of refined have been
taken from New York for the United
Kingdom. This refined is produced
from Cuba centrifugals paying 20 pcr
cent less than full duty rates.
The first cargo of Cuba raw sugar,
1000 tons, arrived in the United King.
dom this week. We estimate $4,000
tons Cubas will cover the purchases thus
far made by the United Kingdom, but
some 100000 tons could be brought in
there to advantage. Such an amount,
however, can not be permitted. to go
abroad, and competition for Cubas will
of necessity advance prices.
The winter in Europe has been open.
the same as the previous year, which
Is given by some as the cause of the
present short beet crop. The coming
of spring finds the grain crops in good
condition, except where foods occurred
in France along the rivers. Because
grain crops in Europe need not be re-
placed with beets, the beet sowings
will not likely be increased as much
as anticipated.
United States four ports receipts
continue large, 6s,263 tons, of which
1896 tons from Cuba, making 1893, 5sI
tons from this years crop.
The present hesitaney to the markets
will be followed by higher level and
quick advantage will be taken by buy.
ers OF any reaction in the meantime.
Refined.
Prices have ruled firm al b.25e. less
10 Wy all rehners, but new business Ia
small because the country Is rather
oveIsupplied by recent large purchases
at lower prices.
All Iednera can ship most grades
promptly or with little delay, except
Arbuekle, whose deliveries may DO do,
layed seven 10 ten days.
Wholesalers have secured four 10
alf weeks supplies aud afe withdraw,
lns ihslr sugars quits freelyj Felellars
have fHiF stocks
t9nlldgrsble business. am0uFtlng 10
some 10000 bags aFanpiaied, has ~,
eepllk kpen d0ae foT export 10 Unlted
kinga0m % basis VI s,o1e. net I. q. b,
w bend ile disshssk bltea on ihs
uts ~ fphan fsv saaaI kpeh bael,
nsis Hovla aai 10 possible eseepi ~
~ hlgh prices gullAH Ia Europe,
NeM flllf Hsfkaass sfs eTaauaeed
~ Amfnfsn = follensl 0gsfulniea,
feyas pslAags, i,l y saasl on