Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-09-19
WILLETT & GRAYS
REP ORT ON
SUGAR

Willett & Gray gives the following
sugar report:
Statistics by Special Cables Cuba.
The six principal ports: Receipts,
5000 tons; exports. 1900 tons; stock,
10000 tons.
Centrals grinding s, against last
week, last year and in 1911.
Receipts entire island $4,000 tons,
against 10000 tons last week. 1000
tons last year and 1000 tons in 1911.
Stocks in the United States and Gu
ba together of 476 ,902 tons, against
51h,949 tons last week and 348,0S2
tons last year, an increase of 12S,S20
tons from last year.
Shipments from Hamburg week end
ing September 2, 1913, $500 tons to
Canada.
Europe Stock in Europe, 1,372. 900
tons. against 926, 900 tons last year.
Visible Supply. Total stock Of Eu-
rope and America, 1,S48, 902 tons
against an. increase of 54S.173 tons
last week. Total stocks and afloats
together show visible supply of l.
965, 902 tons against ]. 490,0S2 tons
last year or an increase of 475,82O
tons.
Raws Quotations for Centrifngals.
SO degree test. remain unchanged at
3.76c per h.. duty paid. This value
applies to sugar for prompt shipment
on the cost and freight basis of
2 1896 per ID. l3.76c), at which the
last sale was made
Sellers, however, have since main
tanned their asking price at 3.S0c per
ID. from store, and at 2 7-16c c.&f.
(3.79c) for early arrival or shipment.
Later shipments are held for 21kc
c.&f. (s.S6c).
The market is in rather sensitive
condition as to increase of confidence
sufficient to warrant the, payment of
the prices asked, and results may
prove that the limit Of 3.S0c per h..
made last week, is to be the extent
of the rise from the now level of 8. SOC
per h., made last week. is to be the
extent Of the rice from the low level
of s.S0c per h., made last May. for
Cubas..
There remains. however. 80 to As
There remains, however. 80 to As
days at least during which the cane
Tefinefs must continue to furnish
nearly the entire supplies required by
the country. and the disposition Of the
Cuban sellers as ID the. balance Of
their holdings will be the important
feature of the situation for the next
few weeks. The demand that the
cane refiners viii receive for their
output WIN also influence their buy
ling Of supplies. Just now refiners ap
pear fndiffferent ID the offerings Al
stated prices, and sellers are firm
without indieationsof concessions.
Meetings. were temporarily reduced
to $4,000 tons by the Labor Day Holt
days, and win return ito normal
again.
Europe continues IN dull but com
paratively STEADY movement, closing
with beets at IS. Sd. l4.05c) for this
month and at IS, 2Ad. (3.97c) fol
next month, which wiz be the open
ing Of new beet crop operations. Eu
rope is more likely to come down to
| the parity of our market than. ouI
market is likely to advance to the
parity Of Europe.
Hamburg reports the shipment this
week of $500 tons Of raw beet sugar
| to Canada.
The weekly Cuba cable was only
important as confirming, by 10000
tons receipts. against 1900 and 5000
tons the two preceding years. the in
creased estimate of the final outturn
of not less than 100000 tons.
Only favorable weather reports
come from the European beet fields
as well as from cane-producing coun
tries to a similar extent. with few ex-
ceptions
At the close business is delayed by
the views OF buyers and sellers being
somewhat fixed apart for the moment