The Hawaiian gazette., 1915-05-28
FIRM TONE RULES
new York; ( MARKET \ |
WilIett & Gray's Report indicates
Z Steady Demand TO Regu-s
! ... late Prices


Z Gray report sales Of Cuban, San
domingo aud Porto ffiean faws total
ing 100000. bags all for May and June
delivery. The San Domingo Purchases
we're by refiners for export. The Lust
ANA incident depressed the market
with heavy orders to sell, but few buy.
IRIS. The market quickly recovered,
In part the report says.
Refined sugar for export TO france.
md possibly England, was sold recent
y to. extent of 100000 tons, which
rad somewhat to do With the quick
recovery of the raw market. Rumors
Of further business are heard, but no
,efinite information is obtainable,
Further sales Of Argentine White
sugars TO England are reported to exc
tent Of about 5000 tons. Dutch
ifanulated has also been sold TO Eng
and to extent Of 10000 tons. ,.Td
More Foreign Sales .-& II, Il
Following the reports Of business in
efined sugar TO France. came the re-
port of sales TO England Of $4,000 toms
II Cuba sugars for June delivery at
J.60e, I. o. b., Cuba, Some reportA
tated that the business in Cubas total
d $4,000 tons and that it included
fully delivery at 3,70e 4. o. b. Cuba.
Moving 25c freight TO New York
these sales figure 3S5c to, 1850 e 3
:. New York. or if duty paid here 4.s7c
to >4.9Tc. 40 NJ
The cumulative effect of Europe buy
NC both refined and raw sugars in thu
| United States and Cuba caused an. ac.
tive and exciting market here on Wed.
nesday. Jle1l.
After early sales of prompt sugafs,at
t77c, the market for prompt advanced
70 4S3c and then 4.s9e. Late May
and June also sold at 4.S9c During
:he day speculators secured Nay ship
ment at 4.S3c.
The sales at 4.s9c totaled g5O,OOO
tbags.
June 500
Today the market is firm but with
a quieter tome Sugars for May ship
ment are obtainable to the extent Of
100000 bags Cubas and Porto Ricos at
1890. June shipment is held at &c
c. 4 Z. 5000. ~ @,
The Cuban news was favorable dur.
Ing the week, and with receipts of
III 900 tons, the visible supply of the
Cuba crop is 1852, 736 tons behind last
|
Centrals are still working, against 1913
last year. 4
Total. stocks in United States aud
Cuba together are l,0S5576 tons,
against 1,0IS,746 tons last week and
l,O97,602 tons last year. Atlantic
Port reeeipts for the week were II, 4s4
tons in excess Of requirements for melt
Ings. and Atlantic Ports stocks are now
329 066 tons, including 90, 400 tons held
: by importers. h :. -
| Our Java cable reports exports to
Asiatic ports of 81 600 tons during
April. These are old crop sugars, new
croD not being available until late May,
and then only in, comparatively small
nuantities-
Refined
There is no change in price or con.
ditions In the local trade in refined.
All refiners' list prices remain at
6.00e> less 29o, and ii is not now possiblC
to book orders at less.
The principal feature of the week
Is the renewal of European demand for
refined. with large sales for France.
Louisiana Drop
The long dry period has at last come
TO an end. with frequent rains, ranging
from light sprinkles to good downpours,
according to district, which have
brought general relief during the past
week. ',,le VT
The Times Picayune says regarding
conditions: The long spell of dry
woathrr has greatly retarded the
growth nf the caue crop. whirh instead
Of attaining fair stand is back wa rd
md at standstill,
II GOOD spring rains should now be
experienced followed by seasonably
warm weather il is believed that the
cane will make rapid progress and
make uD for the time which has been
lost. II is highly important to a sue
cessful crop that the cane should be
thoroughly cultivated and laid at as
early a date in the summer as possible.
A late crop generally means light
tonnage cane for the mill as well as a
late start of the grinding season.
The Louisiana Planter, SAYS: 1t is
the general opinion that irreparable
damage has been inflicted by the
drought and cold spring and that the
crop VIII inevitably be short in this
State this year, no matter how favor
able the weather may be henceforth.
Field and factory notes from the
press indicate good weather conditions
in all beet sections Of the United
States. East Of the, Rockies, plant
ing Isl well under way. California is