Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1914-08-28


refined sugar market for the weel
have been active. violent and aggres
sive. .r. ..... -. H..
/ Starting by enormous orders from
the United Kingdom. which were ex
ecuted to an estimated extent OF 600.
900 bags, at a price Of 3.35c to &c pei
h., T. o. b. cash, in bond. the country
began TO participate, and refners have
found ii impossible TO check the de
mand. even by a rapid advance in
prices. f..
/ Last week the market closed with
graduated at 1900 per lib. net On
Friday refiners generally cut down or
ders and booked only such customers
as had no contracts On their books.
The American took orders all day
! at &c. less per cent. but limiting
sales to those customers who had no
orders On their books. declining all
export business. and have continued
same policy throughout the week The
Warner. Arbuckle, and Federal All.
vanced to 5.50c. less per cent. and
Howell withdrew. ~>-- ~. ...
On Monday the American continued
to take orders on above basis at 5.50c,
less 2 per cent The Federal advanc.
ed to &C, less 2 per cent. Howell and
Warner took, no contracts Arbuckle
quoted &c, less 2 per cent. Ten thous-
and barrels granulated were taken
from Federal for Europe at soc. in
bend, net cash. ....
On Tuesday the American and How
ell accepted moderate orders at &c.
less 2 per cent. All others advanced
to 61sc. less 2 Der cent. 49,.
On Wednesday, the American and
Howell advanced to 61hcs less per
cent and the Federal, Warner and Ar.
buckle to &c less per cent for prompt;
shipments, with assortments ON con-
tract .ez -. .:- q. s.-... f..
Howell withdrew from market =.
All refners figure,31a bags as equiv
alent to one, barrel and will allow,
buyers % per cent of their orders in
bags of 100 lbs. or smaller sizes.
On this day the entire country ap.
peared to go wild, from consumers to-
jobbers, and showed eagerness to pay
any prices asked to increase their
steeks. = ~. @,,~=. FL. 80. :
The policy OF refners. under present
is to discourage surplus
buying beyond immediate require
ments. go - r. -.
Today the American advanced toI
6.75c less per cent Howell quotes
&c less per cent. 49,"
Today, after buying raws at SIZE c.
& (. (6.52c), duty paid, the Federal ad.
Ia ~ rhr1akl0 an6 4
Warner followed. American continued
to take orders at SIC less 2 per cent
to limited extent from regular GUS
toners. +. ..s ~.
Toward the close American with |
drew from selling refined, and init.
mated that they would open at higher
prices tomorrow
LIVERPOOL, July 81, 1914.-Cane-
Owing to the difficulty of chartering |
steamers to bring sugar from German
ports. sugar on theesp has been in
active demand at dearer rates and
business only limited by the enhanced
prices required. & -.
Sales include 1000 tons San Domingo /
IT los AID to- los Sd and 2200 tons /
Cuban fold imDoft) at los Cd to los !
/ I'D, basis IS 5sgrees pol We quote Il
Peru syrups, SO degrees pol, 9s Cd,
1rainy, 90 degrees pol, lis 3D..
Beta large business at irregular /
prices. August sold. up to IS Sd but
las relapsed on the idea that II this
country Is involved in the war, sugar
it Hamburg will be unstable. The i
lose is fiat. August IS 2ibd. Septemt
,er 9s 3%d, October December 9s SID.
Refined The obstinate, manner in
which the trade up to this week had
refused TO carry stocks has found i
hem short of supplies at time when 4
,fferings of Continental sugars were
lften unobtainable and landed sugars
lave been sold at up to Is Sd to Is Cd L
,ver last weeks rates. Tate's last +
Iuotations were based on lis 11sd. 5
luty. paid, less 215 per cent for stand. y
I'd granulated All sugars now with.
|rawn. Quotations f. o. b. unobtain. y
bile. +
GLASGOW Clyde Sugar Market Il
uly 81, 1914.--The rupture between
AUSTRIA and Servia and the, fear OF
urther European complications have |,
auSeQf dH cNCIlf-as ou6ftt MQihOl W. III
ny the week. Prices during the first Ii
ew days advanced 4d To 4ilad'per cwt.
vhen, first products heets touched, IS (
d for July. ass sd Tor August and So, 4
I'D fer October-De December, delivery.
'oday there has been a. reaction con
PRESSURE Of August foundation and thel.
revious. advance has been in sreatt'
neasure lost. the closing quotations
,eing .9s Sd for August and 9s Cd for
)ctober-December delivery f., o. b.
hamburg, So per cent analysis, SUI
airs on the spot and immediately
have latterly realized los u I;
+ to los I'd, CT. 4. Greenock. via east
cast. The uncertainty of further
hipments has caused an, active de- II
1afd for arrived sugars 49, - II
Cane sugars have been in small sup
" and prices remain nominally at los h
d for centrifugals, basis SO per cent Il
on floating terms. Is
Foreign refined has been strong Il
iarket. an active demand for prompt Fl
ugars having resulted from the strain X,