Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1912-09-14

The latter extreme price was only
paid because Of delay in the arrival
fof previous purchases. Other rehners
are not In urgent need OF supplies and
ARE not disposed to pay the last ad-
vance. at which they could scare a
moderate quantity OF Cubas, nearly
and for shipment, say at csc. C.. Il I.
and a cargo OF tJaVas, due TO arrive in
September, say at lis. It'd. cy T.. d t.,
each being the equivalent of 4:235c.
landed. Some holders ask = lJ-16c. &c
&c. C. & I.
IL is a question, therefore. whether
To- not a cargo arriving in the next
few DAYS, unsold, could be disposed OF
al 4.235c., yet this price may look
cheap some time before the middle OF
October, during which there may be
further. delays in arrival or supplies,
The supply and demand outlook for
the hext six weeks is such that We
may. nave a very irregular market,
with many fluctuations, ranging. pos
sfbly, from Ellie. to ,4.36c. for 50 deg.
test. -. ...@ +. >
! u II is reported that but few charters
fol August loading in Java ave Leon
made, large stocks being held tie Is
land by spectators who may overs tay
the market; also that freight from
Java is now 90 to As shillings double
normal rates. and present indications
are tAat Cane sugars will be very
scarce in October-Noyember, thus
making us dependent largely upon
European Beet for deficiencies in sup
dies of priviledged sugaTs at that
time, which insures continued strong
market until there is a3pressure OF
new crop Beet.
THE. Louisiana crop will be small
and cannot help us out as much as
usual
Shipments from Philippine Islands
have been smaller than last year, 79f
100 tons against $500 tons to end of
June. but the holders there hayeafinal-
ly. decided to let their sugar come for,
ward freely to the United States.
Stock of unsold sugar in Cuba is
small, probably not more than II, 6c9
nothing to. offer until October, and
West Indies have disposed of ABOUT
all their crops; Brazil mail advices re-
pert some Centrifugals in stock, but
l,sre not yet offered them here.
European markets advanced I05Issg.
en- prompt Beet. but reached 715d. at
the close; October December Beet
fluctuated narrowly.
Cuba reports favorable to 1850, 900
tons with a small quantity still max
ing and on plantations. "a
0Ir nahloS from Cermany and on
don report favorable weather for the
beet crop in some sections, but parti-
ally. suffering from rain and needing
sunshine and warmth. The weather
iii September October especially Will
be of importance as affecting the quail
ity, and meanwhile no close estimates
CT the outturn can be made. Thus far.
the weight is good but, sugar content
backward. -
Stocks in the United States and
Cuba together of .357, $50 tons, against
3S6,02S tons last week and 1g0,845
tons last year, an increase of 16S,315
tons from last year.
Stock in Europe, $4,000 tons,
against 1,093,000 tons last year. 81
Total stoek4of Europe and America,
100000 tons against 1.2S3,S45 tons
last year at the same uneVen dates.
The increase of stock is 25,815 tons
against an increase of lie, 566 tons last
week. Total stocks and afioats to-
gether show visible supply of 1863;
$50 tons against 1,590,S44 tons last
year, or a decrease of 22,1S5 tons.