Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1914-04-07
WILLEIT & GRAY
SUGAR REPORT

WilIett & Gray of March - has the
following report on sugar:
STATISTICS BY SPECIAL. CA.
BLES. - Cuba: The six principa!
ports ~-
Receipts, $4,000 tons; exports. 81.
900: stock. 401.0 900 tons. against 1884,
600 tons last year.
Centrals grinding. ia against Ia
last week, ia last year and l72 in
1912.
Entire Island receipts for week
117.000 tons. against 10000 tons last
week, 106,00 tons last year and 81
900 tons in 1912.
Stocks in the United States and
Cuba together of 705,752 tons. against
653, 253 tons last week and SIS, $50
tons last year, an increase of 1876, 402
tons from last year.
Europe: Stock in Europe, 3,422 900
tons, aginst 3,423,000 tons last year.
VISIBLE SUPPLY-Total stock of
Europe and America, 4.127, 1852 tons
against $685. tons last year at the
same uneven dates. The increase of
stock is 1S9,402 tons against an in
crease of 1S5,04S tons last week. To-
tai stocks and afloats together show
visible supply of 4,282,752 tons
against 4,064,350 tons last year, or an
increase of 21S.402 tons.
RAWS.-Centrifuga were quoted
at the close last week at 15-16c c. &
f. or 2.95c per ID. duty paid for Sc deg
test
The following day, Friday, 1-32c per
ID. advance was paid for prompt ship
ment at l 31-32c C. & +. (2.98e) and &c
c. & f.. (3.01c) was paid by refners
for April shipments 100000 bags al
together1.
The market strengthened on these
purchases and sellers withdrew for &c
C. 6 f. for any shipment and held firm
without selling until the Tuesday Cuba
cable came in which was considered
unfavorable for further immediate inn
provement. Also. on this day, there
was semi-demoralization in the re-
fined sugar market, caused by COM
petition of some refiners to sell aecu.
mulated surplus production. Sellers
of raws renewed offerings at / 1890
c. & f. (2.98c), on Wednesday, for
prompt and March shipment, and on
this day the American accepted all
such offerings on the market to ex-
tent of 250-300,000 bags, leaving the
tone firm at this basis
Today, owing to an increased de-
mand for refined sugar, which demand
had the effect of improving the entire
sugar situation, the American entered
the market and purchased some 100,-
900 bags April shipment at &c C. & f.
(3.01e). These purchases were follow.
ed by other sales for both prompt and
April shipment at &c c. & f. (3.01cC.
various refiners participating. an I'd
falling some 100000 bags. -
The Cuba cable of Tuesday gave
weekly receipts for entire island the
largest of 'the crop thus fa-. 1T 600
tons, with the full TIA Centrals work
ing and continued fine weather. The
visible crop to March. 14th is 1,149,35
tons, against 99S,603 tons to CORES
pond1ng date last year, and giving
promise of full-up crop to estimates.
European markets for beet sugar
have been moving within I'D. fuctua-
tons for the week, opening at 90.
Old. and ending at 9s. ND. for pres
ent month. Futures for May opened
and closed at 9s 2Ad.
F. o. LIGHT cabled the weather un-
favorable for field work on Friday
and Tuesday.
further business between Cuba and
the United Kingdom is reported Oh
basis of 1.90c per lib. f. 0. b. Cuba.
Crop news from Porto Rico and Ha.
wall is favorable, with dry weather
for grinding.
We increase our San Domingo crop
estimate 10000 tons, the only change
made in our worlds crop estimates.
Atlantic ports receipts for week are
large-73,742 tons. Stocks increased
11,742 tons to 163,694 tons, about the
same stock as last year-159,879 tons.
Stocks in Cuba are larger than last
year by about $4,000 tons for entire
island