Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1917-03-14

week Cubas were quoted nominally at
4asc c.&f. (539c), with buyers at 4l2c
i.c&f. l5.52c), hut with few offerings.
The market under the influence Of
operators on the Sugar Exchange.
when February was quoted at 1850
and March at 4.Gjc, gained strength
daily. On Friday there were buyers
at 45sc c.&f. (564c), but sellers re-
fused to sell except at higher prices.
On Saturday a decidedly easier tone
prevailed. with sales of March at 4 &C
c&f. J5.o2c), and since then the mar
ket has had a declining tendency. On
Tuesday March sold at 5-l6c c&f.
l5.33cl. and as we go to press, after
sales of March at 4Ac .c.&f. (5.27c),
and at 3-16c c.&f. (5.20c), there are
further offerings unplaced at the lat
ter figure. We quote the nearby
market nominal at 5.52c, this being
the last price paid for this position.
However, buyers views are not above
5.20c.
Porto Ricos have been active, and
sales aggregating 100000 bags are re.
ported for prompt and March ship
ment at SIZE. Since this business,
the demand fell off and sales we're
impossible at better than 5.02c, at
which figure $4,000 bags afloat and
March shipment, were taken by re.
timers.
Sales of free-duty sugars were made
at 4 5.16c elf. to Canadian refiners.
Telegraph Service Disturbed
The revolutionary disturbances
have interfered with Geographic COM
munieation with the eastern end of
Cuba. The result is that we had
cable reports this week only of figures
for the six principal ports Of Havana,
Matanzas, CarSenas, Sagua, Caibarien
and Cienfuegos, and which run as fol-
lows: Receipts, 1920 tons; exports,
55,722 tons, of which 43,159 tons to
United States Atlantic ports and 49,
563 tons to New Orleans; stock, ia
144 tons. Receipts at the outports re-
Gently have been running in the neigh.
borhood of $4,000 tons weekly. ON
this basis the receipts at the shipping
ports for the entire island for the past
week would be about 10000 tons.
Exports from the outports have been
about Is, 900 tons to $4,000 tons week
~, and the entire island shipments
might be figured at $4,000 tons. leav.
ing an entire island stock of $4,000
tens. We estimate the production OF
the island to February II at 69S,27S
tons respectively. The weather has
continued favorable for harvesting. 1t
is difficult to obtain authentic infer
maticn on the seriousness of the dis
turbances in Cuba, but one thing can
be said with certainty, that although
no reports are at hand on the number
of factories working, yet no word has
veen received that any central has
been actually damaged by the rebels.
Some parties feel that the attitude
taken by the u. s. government In Civ
ing its moral support to the constitu-
ticnal authorities in Cuba is a great
blow at the revolutionary movement
and the bottom or same may be ex-
pected to drop out at any time.
Java Exports Large
Our special cable from Batavia re-
ports Java exports during the month
of January of 1900 tons to Europe,
1000 tons to Australia and $4,000 tons
&c Asiatic countries. The correspond
ing figures for last year are none to
Europe, $50 tens to Australia and 22,-
625 tons to Asia Since the beginning
of the crop there have been exported
to Europe 50 far 100000 tons against
S53,221 tons last year to same time,
while the total exports to all coun-
tries compare 1,283,000 tons with l..
042,674 tons. |
Advices from Washington state that
On February 10 the house passed a bill |
lppropriating s25,000,000 to pay Dens
mark for these islands, and to con-
Linue the present temporary form or |
government; also, admitting goods 81 !
per cent or more the product of the |
Stands free of duty into the United |
States, and providing for export tax
If So per ton on Danish West Indian |
sugar. A bin to authorize the presi-
lent to set up temporary govern
nent on the islands and providing for,I
of the needs of the
people there has been fayorably re-
,orted in the senate, and the leaders
expect to pass it within a few days
nd work out differences between the
wo measures In conference. II
Latest figures from Argentine report
hat the crop of 1867 will out-turn
'etween $4,000 tons and 100000 tons.
lussia Gets Formosa Sugar
Very little has been learned of Rus
las sugar purchases under temporar.
" reduced import tariff rates to fill
heir shortage. Negotiations have
cen under way in this and the Java
but in both places prices have
Violently been too high, and little, II
NY, business has resulted Our latest
dvices from Japan now state that
'ornosa has shipped to Russia $4,000
pms. These sugars are shipped to
iefined Prices Advanced
A general advance of % points was
lade in refined quotations this week.,
taking prices as follows: American,
Csc; Howell, 7.25c, but withdrawn
Federal and Warner, 7.50c,
II regular terms. The demand has
cen very good until the close, when
!. is much quieter. The strike condi-
ons are somewhat improved at New
ork, but Philadelphia still continues
i bad shape, except possibly with the
Company.
A peculiar circumstance incident to