Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-10-13

Il e. 3
Especial Correspondence OF Willett G
Gray
NEW YORK, Sept sS--fn oar re-
marks last weei, we noted that there
had been an advance during that week
in Cuba Eentrifusals from 41-ac c. &
L f5.27c1 TO 4 Use c. & (. t5,S9cl
On Friday Of the week under. review
the Howell and Federal refineries paid
sc c. e Il. t6D2cl, establishing 6.02cI
per 10. as. the market quotation for
So degrees test Centrifugals, which
remained tie quotation until Tuesday,
although an easier tone and tendency
to the market was noticeable on Mon
day, .,..-..
ON Tuesday sellers accepted t-ScI
decline and, sold the American, both
for shipment and IN store. at 47-Sc
+ c. & +. L5.S9c per To-. duty paid i, re
dueing market quotation accordingly
The m arlet remained quiet at 4 7-8e
/ c. q f. l3S9c1 on Wednesday, but with
Somewhat easier tone, and as We
go TO press there are sellers at this
quotation, but BUYERS are holding off,
unless outport options are included.
Porto RtcQs sold during the past few
days, at sire ".*-" ........
Fultdqty sugars are rather freely or
fered at f5.Sc 10 4 sic C l. f., depend
ing ON shipment IT,. -.
Philippines have been sold to extent
al about 1900 tons for late October.
November delivery at 4,i5c. basis IS
degrees! to American. =: ..-... II
a gnite important sale to the AmeFf-
sgv e =
isiana Vas reported, comprising some
90 600 tons sugar for future months
deliveries. An offer of the American
to increase the quantity, provided a
settlement of the pending court suits
was included for a definite sam Of
money, was turned down by the Lonis
lana planters. who named in response
much larger sum required to COM
plete such an ending to the pending
controversies. -. -. +.
Hawaiian Arrivals Large H.:
On September j, 1916, the stock of
raw sugar at the Atlantic ports was
269 100 tons which figure included
stocks OF ffee-duty sugars, as Porto
Rieos, Philippines and Hawaiians, the
arrivals Of which were large, in Aug
ustt, say 1922 tons. The government
reports that the stock In bond at Att
lantic PORTS on September I, 1915, vas
2Q5,243I tons, which of course is all
sugar On which duty has to be paid
Besides these dutiabIe sugars In bond
there is OF course a tair quantity OF
Cubas and other dlItiabie sugar held
by refiners in port. on wharVes* and in /
refineTiieS upon which duty mas been
paid. and Of course, not included iul
the gdFernmeRts report Of stock IN
bond .:-:. 49, =: Il
Cuban Exports Moderate -. . H.. - I
Ia. CIabas witt one central cJntHrHi
ing to grind the old crop, receipts for
the w4-ek were $50 tons against 1888
last year, with one factory still work,
Ing, Exports continue moderate de-
spite tne large sales of Fa'Ws made IN
New Yf5rk last week total l.. 704 tons, I
distributed 1921 tons. to L s. Atlantic
Ports, 2g4f tons to New Orleans where
sugar lis urgently. needed: 35St tons to-
Galveston lmakfng three F.. Cargoes
shipped 10 that port in as many +
weeksb, and 9sS tons to Europe. Total /
stock in the Island is slightly lower /
at 31g,It1 tons Visible production to-
Sentein 0er % is 2.973,26 tons, Wealth /
or ha| continued favorable thr2nSA0'tf
the ahek for the Grawtn J 9iG~l7> cf1G. .
Our IgsciaI cable reports genera rains
N tn island 1Ht particularly hea ~ !
precipitation iR Santa Clara provinces
New cro2 Estimates >:...-. II
Brazil. The ReW "Igl6-I1 crop. be
ginning in September is estimated aH
5S.0t5 tons. Last seasons crop was +
about 194 GOO tons. - ~. 49,. (
.Ho5Iand-Sone reports received f6-I
dicate a beet crop this fall OF about +
2T5.016 tons, 30 10 80 per cent Of which {
II w5l be POSSIBLE to export. Last :
year a ccHsId srable amount was ex-
Iorteh 10 the central European coUn- t
tries, but the hardening Of the Brit
ISL blockade now pFecludes this, leay.
ing Holland to depend upon the Unit
ed Kingdom ard france as purchasers
of her export sugar.
Estimates Of the 1sis.1T sugar har.
vest in the Sant0 DOmingo consular
district are t55 zSl bags, a. nearly IS
Der cent. ia excess Of lle pfcdact
OF Igi5-Is, and 2s9.T13 ba4s. ~
cent above the Output 81 ~ | .|.
barative figures for the ''|..
are; i9l3-44. Ia5. tons
I6s.267 tons f95-ls 1zI
l9t64lI 1850 tons