Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1915-07-12
NILLEIT&GRAYS JOURNAL GIVES
LATENEWSOF WORLD SUGAR TRADE

Willett & Gray's Sugar Trade Jour
nal for July says:
Statistics by Special Cables.-Cu
the entire island:
Receipts, $4,000 tons, against 10000
tons last week, 81 900 tons last year
and $4,000 tons In 1913.
Exports, $1,000 tons; Stock, 6S1 Zoo
tons, against last year $4,000 tons.
Centrals grinding, 20 against % last
week, IL last year and 81 in 1913.
Stocks in the United States and Gu
ba together Of l.160,042 tons, against
1.194, 5S9 tons last week and 954, 0z0
tons last year, an increase Of 206,022
tons from last year.
Raws.-The close last week Thurs
day. was 1890 per ID, duty paid, for
SO deg. test Centrifugals. paying Gu
ban rate Of duty, and 4.93c per ID. for
Porto Rico free duty.
During the week, until Tuesday, Gu.
bias remained at 4.89c, while the Porto
Ricos declined to 4.80c per ID. or
course II Cubas were free of duty their
market value would be the same as
the Porto Ricos, but by reason Of be-
ing available for use in the produc-
ton OF refined for export, the Cubas
the higher value. and the
sugars for the same reason
are of higher market value than the
Cubas.
The fact OF there having been and
still continuing. and expected to be
a good demand for refined
Tor export. the sugars which pay a
duty will continue to command high
Or market quotation than free-duty
sugars which can be used only for the
iirecf consumptive demand, which
lust at present is over supplied by re-
liners surplus production.
The. business OF the week was as
'ollows: On Monday a sale was re-
ported as made on Friday Of $1,000
bags Porto Ricos in port at 4S0c per
b. On Monday 5000 bags Cubas in
port sold at 7-Sc c. & I. (4.S9cl, duty
bald.
Early on Tuesday 500 bags Porto
Ricos in port sold at 4.80e per h.. fol-
owed late in the day with quite
arge business which absorbed
good proportion Of the Porto Ricos
Il 4.s0c that had been pressing
IN the market for some time, say
lbcut IS, 100 bags In all.
Also on Tuesday Cubas sold at 1850
,asis for July and 4.s2c basis for sec
,nd-haif July.
The removal of these Porto Ricos
nd a new demand for refined for ex-
'ort, including sales Of $4,000 Granu-
ated, gave a strengthening tone and |
endency to the market.
The sales Of refined for export are
to be in part at 4.65c +. o.
!. net cash. In bond.
On Wednesday business included
9th futures and prompt at 4s5c, rails
ag market quotations to 4.95c per ID. |
Today Porto Ricos. in port, were Of
cred at 4.S9c.
We print herewith an order of the
treasury Department to the customs
ollectors to continue to collect du-
les on sugar In full. without making
be per cent discount allowance, and
, suspend liquidation pending the de-
Ision Of the United States supreme
ourt.
As the suspension of liquidation, as
bove, would cause indefinite delay
nd inconvenience to importers and
sfiners, especially In their export
rawback business. an effort Is being
JADE to have new orders issued per.
lifting liquidations as heretofore and
ibjecf to re-liQuidation on the decis-
IN OF the supreme court. If necessary.
The Cuba crop making has gone on
lring the week. but receipts are be
w last year $4,000 tons against 81.
10 tons).
The visible crop is now 2,323,713
ms. against 2,3s4,22S tons last year
same date.
The weeks exports to Europe tMr.
imely) we're 5000 tons. bringing the
tai to date to about 100000 tons
om nraeanf Cuba rron aRainsf on