Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1914-03-13

February 26 says: -s.- s...= ...... ....... i
STATISTICS BY SPECIAL CABLES
Cuba: The six principal ports:
Receipts, 71.000 tons; exports, H.
600; stock, 276,00O tons, against 1885,
000 tons last year.
Centrals grinding, 173, against 10
last week, 169 last year and 172 in
1912. r.. ...
Entire island receipts for week,
100000 tons, against 100000 tons last
week, $1,000 tons last year and a.
900 tons in 1912. Iii. -.
Stocks in the United States and Gu
ba together of 547, 2S4 tons, against
463,977 tons last week and 367,9S2
tons last year, an increase of 1892
tons from last year.
Europe: Stock in Europe, 3,755,000I
tons, against 3,743,000 tons last year.
VISIBLE SUPPLY.-Total stock of
Europe and America, 4,302,2S4 tons
against 4.110,9S2 tons last year at the
same uneven dates The increase of
crease of 1S0,620 tons last week. To-
tai stocks and afloats together show
a visible supply of 4,429,2S4 tons
against 4,221,9S tons last year, or an
increase of 207 1892 tons.
RAWS-The week under review in
cluded two holidays for the observ-.
ance of Washington's birthday.
The Cuba weather was reported
fine for work and receipts further in
creased to 100000 tons, against 1885,
900 tons for previous week, with 173
Centrals working. The weeks ex-I
ports included 5000 tons to Europe
and 1000 tons to Japan.
The first shipment Of Cuba centrif-1
ugals from the present crop arrived
in London previous to the 18th. Cane
sugar seems to have been wanted at
the time in the United Kingdom and
further Cuban shipments were due to-
arrive, with last sales reported in Gu
bGs for the United Kingdom at 1.92c.
per lib. +. 0, b. Cuba. fl
No new sales to Japan have been
reported. ....... IT,.
F. o. LIGHT has sent some new items
of interest relating to the European
beet crop, which appear herewith, and
further reports that the beet sowings
in Germany will be about the same as
last years ->
The European market does not i'm.
prove, neither does it decline very
much, as it is running along quietly
at or near the cost of production, the
closing quotations being 9s Sd for
February and March and 9s 1-2d for
May futures, with cane, sc degrees,
at as Z I'D
Our local market has been quiet,
with an easier tone, throughout the
week, and marking the second week
of downward reaction in values.
After the large sales reported last
week at 21-16c. c. & f., the Cuban
holders continued to offer freely at
the same basis but buyers could not
absorb any more SO quickly again.
On the re-opening Of the market
on Tuesday the sellers, finding no dis
position on the part of buyers 20 go
on at former basis, made concession
to 1-%2c C. & +. t3.39c and 3.04c),
at which. during Tuesday, Wednesday
and today some 100000 bags were ia
ken. several refners participating, in
Guiding the American, Arbuckle, How
ell and Warner.
We have entered upon the last week
Of the old-duty sugar basis, and all
interests will be glad that the long
period from the passage CT the bill
in October, 1913. to March /, 1914. has
been passed. This period has been
an unsettled one in all sugar branches,
, in some Of which actual losses have
been sustained in the effort 20 cur
RI DIR