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

a -
!, week has seen the elimination of the
advance in sugar, due to the revolu-
tionary disturbances in Cuba. Last
week Gubas were quoted nomjnally at
4Ac eff. I5.3Sc), with buyers at 4lsc
leaf. t5.52cl, but with few offerings.
| The market under the influence of
operators on the Sugar Exchange,
swhen February was quoted at 4SSc
and March at 4.65c, gained strength
daily On Friday there were buyers
at 4%e eff. l5.64cl, but sellers re-
fused to sell exceot at higher. prices.
On Saturday decidedly easier tone
prevailed with sales OF March at &c
eff. l5.52c), and since then the mar
ket has had a declining tendency On
Tuesday March sold at 4 5-l6c c&f.
(5.33cl. and as we go to press, after
sales of March at 4Ac c.&f. C5.27cl,
and at slice c.&f C520c), there are
further offerings unplaced at the lat
! ter figure. We quote the. nearby
market nominal at 552c, this being
the last price paid for this position.
! However, buyers views are not above
/, 5.2Oc.
4 Il
, sales aggregating 100000 bags are re.
ported for prompt and March ship
Tent at 5.27c. Since this business,
the demand fell off and sales we're
impossible at better than s5s02c. at
/ which figure $4,000 bags, afloat and
March shipment, were taken by re-
| timers.
Sales of freeaduty sugars were made
at 5-16c elf. to Canadian refiners.
Telegraph Service Disturbed
| The revolutionary disturbances
have interfered with telegraphic COM
munication with the eastern end of
Cuba. The result is that we had
cable reports this week only of figures
I for the six principal ports of Havana,
Matanzas. Carcenas. Sagua, Caibarien
, and Cienfuegos, and which run as fol-
| lows: Receipts, 76,120 tons; exports,
1912 tons, of which 43,159 tons to
United States Atlantic ports and H.
500 tons to New Orleans; stock. ia
IA 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
week would be about 112.060 tons.
Exports from the outports have been
about $4,000 tons to $4,000 tons week.
ly, and the entire island shipments
might be figured at $4,000 tons, leay-
ing an entire island stock OF. 2S2,000
tons. 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 infor-
mation on the seriousness of the dis
turbances in Cuba, but one thing can
be said with certailfy, that although
no reports are at hand en-. the number
of factories working, yet no word has
been 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 great
blow at the revolutionary movement,
and the bottom OF same may be ex-
rected to drop out at any time.
Java Exports Large
Our special cable from Batavia re-
ports Java exports during the month
of January of $4,000 tons to Europe,
1000 tons to Australia and $4,000 tons
tc Asiatic countries. The correspond
ing figures for last year are none to
Europe, $50 tons to Australia and 22,-
625 tons to Asia Since the beginning
of the crop there have been exported
to Europe so far 100000 tons against
353,221 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 bill
appropriating SIS ,000,0 900 to pay Den
mark for these islands, and to con-
tinue the present temporary form or
government; also, admitting goods 80
per cent or more the product of the
islands free of duty into the United
States, and providing for export tax
of So per ton on Danish West Indian |
sugar A bill to authorize the presi-
dent to set up a temporary govern |
ment on the islands and providing for |
of the needs of the |
people there has been favorably re- /
ported In the senate, and the leaders |
expect to pass it within few days |
and work out differences between the |
two measures in conference.
Latest figures from Argentine report |
that the crop of 1867 will out-turn
$4,000 tons and<100, 900 tons.
Russia Gets Formosa Sugar
Very little has been learned Of Rus
sia's sugar purchases under temporar I
by reduced import tariff rates to fill /
heir shortage. Negotiations have
been under way in this and the Java
markets, but in both places prices have
evidently been too high, and little, IL /
my, business has resulted Our latest
idvices from Japan now state that
Formosa has shipped to Russia $4,000
.ons. These sugars are shipped to
II
Refined Prices Advanced Il
A general advance of % points was
made in refined quotations this week.
making prices as follows: American, !,
'.25c; Howell, 7.25c, but withdrawn; Il
Arbuekle, Federal and Warner, 7.50c,
Ill regular terms The demand has
1non very fynOd infil the clOSa When