Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1912-01-13

slight fluctuations downward, the |
during March, April, May and !
June remained remarkably steady be- /,
tween 3.S6c and 3.9Sc per lb, During !
May and June for twenty-five conscc- /
utive days, the quotation remained |
unchanged at 3SGc.
Starting July list, the market had |
Il remarkable advance, caused chiefly
by the drought in Europe and the
consequent speculation on the Euro
pean Exchanges, as well as the short
age in nearby supplies. On July list,
centrifugals were 39Sc per h., July
3ist they were 4.6lc, end of August
5.25 and on September 22nd, they
touched the high point of the year,
596Jc. From this high level prices
slowly eased on and October closed
at 5.73jc.
During November, however, prices
declined rapidly to j.0625C., being in
llucnccd by the marketing of the do
nestle beet crop, as well rs the Louis
lana crop, the former lessening rciin-
crs' wants for MEETINGS, and the lat
ter giving our reiiners good immcd-
late supply of raws on which to draw.
December markets, as usual, were
Influenced by the approaching new
crops of Cuba, Porto Rico and other
West India islands, and have shown
the usual declining tendency, ending
the year at i65c.
The opening was at 3.SGc., the high
est j.9Gjc and the close at i.G5C., av-
erage at i.iJ3c., against Also. In
1910, i.OO7c. in 1909, i.O73c in 1908,
3.I5Cc. in 1907, 3.6S6c. in 1905, i,27Sc.
in 1905, 3.0Tic. in 1904, 372c. In 1903,
and 3.5I2c. in 1902.
The average price for ccntrifugals
for the past ten years Is ,3.9GSc. per
ID. The cost and freight quotations
for prompt shipment followed closely
the parity Of the spot quotations until
December when sales of new crop
sugars for shipment one or two
months later were made very consid-
crably below the spot quotations,
which latter were upheld to the close
og 1910 by scarcity of supplies avail
able for immediate use. This will
cause lower opening of quotations
in 1912 than the closing quotations of
1911.
Retined Sugar Price Review, 19ii.-
| GRADUATED (thc standard for all re-
| fined sugar. opened the year at i.75c.
per ID. net cash, declined to i.5Oc. on
February, remained. steady ut 4.j5c,
during most of February and part of
| March, then advanced to 4.75c. March
10th, continued steady to April Sd, and
after a few slight downward iluctu-
atoms advanced to i.S02c. ON April
10th.
The market from that date until
June Sd remained at 4.S02C, with only
one fuctuation to 4.7j3c. on May 3lst
The market, then following raws
advanced slowly in June, but rapid!
6.Gi5c per ID. was established on Sep
TENDER 18th, the high price for tn,
year, The price prevailed durini
most of October, but the close of thu
month saw prices at 64GSc.
November however, owing to thu
same conditions affecting the raw sug
ar market, namely, the marketing o
the domestic crops, saw rapid de
clincs, the month closing at j.SSc.
December was, also, declining
month, the final quotation beinI
5G35c.
During September Il very remark
able scarcity of refined sugar for i'm
mediate shipment occurred, which lee
Arbuckle, the only reiiner at that tint
having sugars for prompt delivery, Il
advance their quotation to 7.35c ne
cash At this time, with the eXcep
ton of the American, all other rein
crs were withdrawn. The Fedora
went to 7.l05c. net cash under some
what similar circumstances durinl
September. Our quotations, however
at which graduated could be bough
from rehncr Based on these condi
tons we quote G.6ljc. as the oilicia
high point of the year
Standard (medium) graduated I
, few years ago being generally consid
cred AS the basis for all granulate
quotations has been superseded thi
year by Standard Fine GranulatcC
due to rehners quoting Standar
, GRADUATED five points above Standar
Fine GRADUATED. All quotations Civ
en- above are for Standard Fine Gran
/ ulated, the principal grade consume
in this country, and are net cash.
The opening price was Abe, tn
highest 6,6l5c., the lowest i,5Oc,, Feb
ruary | and the close 5.635c. or $50,
+ above the opening.
The average for 1871 was 5.345'
per pound, against 4,372c. in 1871
4.765c. in 1909. 4.957c. in 1908, 4.6i9'
in 1907, 45i5c. in 1906, 4,772c. IN 1870
: 463Sc. in 1903, and i.4j5c, in 1902, u
+ net cash quotations.
. The average difference betwee
/ raws and refined in 1911 was 1892
l per pound, against 1910. in 1910, 1888
1903, .SSic, in 1908, ,S93c. in 1870
S2gc. i'm 1906. sic. in 1905.