Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1914-03-05

Willett & Gray,s Journal for Febru-
ary 10 says: 49,.
STATISTICS BY SPECIAL CA.
BLES-Cuba-The six principal ports:
Receipts, $4,000 tons; exports, 3d..
900; stock, 227. 900 tons, against 1884,
900 tons last year
Centrals grinding. 40. against 165
last week, l69 last year and Ill In
1912. s.......
Entire island receipts for week.
l06, 900 tons. against $4,000 tons last
week, $1,000 tons last year and 10000
tons in 1912. -.
Stocks in the United States and
Cuba together OF 463.977 tons. against
1885,, 1913 tons last week and 315.257 tons
last year. an increase of 14S,620 tons
from last year -
Europe-Stock in Europe, 3.775,0 200
tens. against 3.743.O00 tons last year.
VISIBLE SuPPLY-Total stock OF
Europe and America, 4,23S,977 tons,
against 4.05s, 1857 tons last year at the
same uneven dates. The Increase OF
stock is 1S0.620 tons against an In
crease of 214,301 tons last week To
tai stocks and afloats together show
a visible suDply Of 4.373,977 tons
against 4.164.357 tons last year. or an
increase Of 209,620 tons
RAWSTThe week under review in.
cludes one holiday, which reduced the
requirements for MEETINGS to $4,000
tons. which. with moderate receipts,
1881 tons leaves stock on hand
about unchanged.
The weekly Cuba cable reported fine
weather. which increased the weekly
production of the island to 10000
tons against $4,000 tons the previous
week. with 10 centrals working The
weeks exports include 1900 tons to
Japan and 1900 tons to Europe, &C.
cording to Mr.. Himely, out of a total
small export of 33,100 tons The pro
duction has now progressed far enough
for us to make a total crop estimate
of $500, 900 tons. based uuon returns,
as given herewith. The Cuban plant
ers are either unable. from financial
reasons. or unwilling to rest content
with making sales based on the cur
rent requirements of the United States
during this somewhat unsettled period
Of passing from the old to the new
duty basis when all sugar interests are
disposed to handle az little sugar as
is practical for the curtailed trade of
this short period Of the last half of
February. before entering upon the
permanent normal basis Of the March
reduced tariff.
The Cuban pressure to sell affected
the market quotations quite seriously.
On Friday. after large preceding
sales Of Cubas at 1-Sc G. & t. (3.48c
duty paidl, there were still some 200..
600 bags pressed for sale at the same
price.
Saturday the pressure continued
without sales, and Porto Rico free.
duty sugar was offered at 3.14c per b.
the parity Of Cubas at 1-Sc C. & Z,
plus the new duty rate.
seen reached the city on Saturday,
and has since much interfered with
the arrival cof vessels and distribu.
tion Of the refined product to the
country. 500.
On Monday the Arbuckle refinery
accepted about 10000 bags Cubas for
February shipment and March arrival
at a concession made by sellers OF
1-32c per h., say at 3-S2c c. & I.
for 80 degree test centrifugals, equal
to Bloc per ID. new duty paid.
On Wednesday the pressure by Cuba
to sell increased, and other refiners
being well supplied. the market was
left to the American to sustain. result.
ling in further concession by sell.