The Hawaiian gazette., 1916-01-28
Refined EXPORTS
STEADY THE PRICES
New York Brokers Report No
y Change lhtthe'M Market
Outlook

ABOUT SlU,OUV Dags OF raw sugar
were sold at New York during the
week ending January Is. Willett 3
Gray state in their summary, IN Part
that stocks in the United States and
Cuba together were l70,564 tons
against $4,000 tons last week and
24l2i6 tons last year, a decrease OF
7O,652 tons from last year.
The only change Tor the week was
in Cubas, which declined slightly.
The business. of the week mostly in
fixtures, and quotations for such have
been Nat 4.45e for January, 1896 for
February and 4.3Sc per ID. Tor Marcn.
market Is steady ..s... -.>
With increasing numbers Of Centrals
working on the Cuba and Porto Rico
crops, the tone and tendency is nat
uraliy towards some reduction in
Prices, but thus far osher circumstances
nave interviewed to keep the price com
paratiyely steady, such as the quantity
Of CUBA sugar already for Europe and
awaiting shipment, and also the dIii-
cnlties which still exist in the securing
OF tonnage for the United States, even
at very high rates. In this comes
! tion one Cuba freight line has issued
some new and strict regulations to
! facilitate the quick unloading and re-
turn of the steamers to GuDa, which
, may help matters somewhat.
Conditions point to a continued
steady market for the coming week or
with small reductions in 1uLures Of
February March shipments. ..
J Atlantic Port figures for the week
were: receipts. %, 7U2. tons, msltngs 81
900 tons, stock, 81, ,0S6 tons, against
stock last year OF f6,14i tons. Al
Cu0an mills Grinding ~
Receipts for tbs week ending Janu,
airy are 81 ISL tons, against 10000
4. tons and $4,000 tons for the co res
Pondingt.syeeks OF the two previous
years, respectively This shows that
the crop is progressing in god shape
and is as must be expected If a 5000,
, u0U ton cop is to be made thIs season,
= Exports of new crop suga!s tor the
, week were $3.50 tons, of which
around S,77S tons are destined to
Europe, and the balance, 1887 tons
to the United States Atlantic Ports
New crop stock Is increased to n ,94l
tons. Thqre were no old crop receipts
OF oxports, and the old crop stock re
D.. mains unchanged at ATS tons, January
; 10 there was 135 Centrals grinding
against 113 last year and 143 in 1911
J. INSIDE, Produt ton ""-.
Visible production to January s, II
: $4,000 tons, compared with D0,6i6 tom
to same time IN 1919, and 1876, 49,
tons in 1914. The weather has cOntin
ued favorable for harvesting through
out the week, although few light bu
unimpGrtant rains occurred, according
to our special cable, and at latest re
port l43 Centrals are grinding,
II A special cable from Bata via give
exports during December Of $4,000 ton
to- Asiatic ports and $4,000 tons, Il
Australia. There were no shipment
to. Europe during the month, although
4O,2l7 tons were shipped to Europe il
December, 1914 Total exports olt O
this crop to Europe have been 353,22
J, tons, against 627, 1853 tons to same dat
, last year. Total exports to all cOun
tries compare, 100000 tons, aga.ns
1,l53,4 tons last year.
Refined, For Export ~, ,..,.,
The. change of the week has beu
= the reduction by all refners to 5.75C
less 2gt, nf0 Fine Granulated, Thi
reduction, does, not represent fully tn
normal difference between raws an
refined, and further reduction in re
fined is quite likely, when the mex
shn