Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1914-05-09

WllttlL tray y weekly, uHuef
date Of April %. has the following to
say on the raw sugar market:
RAWSThe weekly Cuba cable
was considered favorable to the buy
ing interests and brought into the
market more activity and an advance
In values Of 1.32c per ID for both cost
and freight and duty.paid basis. 96
/ deg Centfifugals being now at BLOC
per ID, against 2.9Sc per H. last
week.
Transactions were confined to sucn
sugars as were offered freely. which
consisted entirely Of the April and
May shipments. the sellers not being
disposed to 90 further ahead with
their sales except at an advance to
2 Lice G. & I. for June shipment.
which buyers refuse at such premium.
The accumulation of stocks here and
purchases TOR arrival are filing refn-
ers to an extent that may cause an
Inpere1DDly tnr the May requirements
and put values for June on the mar
ket eventually without premium
Without the further assistance Of
Europe. which does not show signs
Of forthcoming. there seems little in-
ducement 70 purchase ahead for an
advance
Without q premium for June ship
both renners and operators
The Cuba cable brings visible pro-
duotion to date up to 1,750. 3S1 tons.
against 1'506,279 tons, an increase OF
243.402 tons
Last year. after this date. the Cuba
production reached 921.55S tons.
which II repeated this season would
produce final crop outturn Of 2,671,-
93s tons, far above any present esti-
mates
The Cuban Weather is favorable for
crop outturns.
European advices show no prospect
of decreased beet crops to help the
market pricee pward; on the con-
only small decrease, while Germany,
Austria and other continental conn
tries show small increases Russia is
exceptional In a 8 per cent increase.
The average increase for all Europe
lis S per cent The weather is favor
able and the outlook is for large sup
plies of sugar and low prices for an
other year throughout the world, all
which win likely be sold on the world
price basis now made in Cuba instead
of at Hamburg.
The outbreak Of war with Mexico
may result in delays Of arrivals at
our Atlantic ports of the Hawaiian SUI
gars contracted for.
The greater part Of the Hawaiian
sugars arriving at Atlantic ports are
forwarded across Mexico at the 18TH
mus Of Tehuantepec. While there are.
some sugars at present in course OF
shipment across this part Of Mexico,
there has been no difficulties encoun-
tered, as yet, owing to the war. How.
ever. all other shipments afioat from
Hawaii have been instructed by wire.
less to avoid Mexican ports until fur
Their instructions, and, If necessary,
they will proceed 70 Panama and ship
across the Panama isthmus by the Pa
mama railroad until the canal win be.
ready to allow ships to pass through,
probably in about three months, as
far as mercantile vessels are concern
ed.
Reports of crops in the United
States and elsewhere for the week
are given herewith.
The United Kingdom tariH budget,
expected this week, has not been
handed down.
European markets are simply mark
ing time, with occasional fluctuations
of sd. up or down. This week open
ed with 3-4d. advance to IS. 3 SD. for
April and May and IS. sd for Au-
gust deliveries of beet root sugar.
Cane, 96c, unchanged at 9 s. Sd.
At the close there were sales OF
some 100000 bags for prompt ship
ment at 2cc. & T. The sales in our
market of Centrifugals for the week
sum up to about 100000 bags.
5 Atlantic port receipts for week We're
reduced to 81 1888 tons, against 1892
tons the previous week.
Meetings. remain unchanged at 49,
900 tons and stocks increase to 25S.-
334 tons, a total Of 980.S21 tons for
the United States and Cuba together,
against Sf2,ge5 tons at this time last
year
REFINED The wide difference he.
tween the selling terms Of some re.