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This represents an increased supply for the year 1887 of 541,024 tons, compared with the year previous. The disposition of this surplus depends upon the probable increase in consumption in Europe and this country. Some portion of it will be absorbed by an actual increase in consumption, while it is possible that some portion may be absorbed by a more liberal stocking up by dealers and distributors, since it is generally admitted that in this country as well as in Europe, the declining tendency of values has caused the trade to carry comparatively small stocks and to supply their wants on the hand-to-mouth principle. The prospect of higher prices would lead to an absorption of this kind, but for the past two years dealers have found it unprofitable to carry large stocks, and the present outlook does not seem to promise any improvement in this respect. PRICES OF RAW SUGAR AT NEW-YORK DURING TIIE YEARS 1885 AND 1886.

1886.

Cuba
Muscovado,

S9° test.

Centrifugals,

90° test.

1885.

Cuba
Muscovado,

89° test.

Centrifugals,

90° test.

5 0 536 5 106 5 2338 5 mg 5 @sg 5 (1

ان) وا

Jannary.
53423 9.16 6 @044 January,

4 11-160546 February,

51001 5140935 1-16 February, 1 15-16603 1-16 March, 4 13-1010.ing 57-169574 March,

454705 April, 4740ing 5 9-16 i 13-16 April,

4 9-10( 134 May, 4 13-10348 51.20076 Mity,

4 13-1669) 5-16 June,

43411 15-16 5374,14 June, July. 4 11-16--1 15-16 514) 9-16 July,

5160,523 August. 4 9-164,136 55-33400 114 August,

5 1-10 September,

45g 1, 134 51.460.3% September, October, 4 9-16, 111-16 5 3-10601542 October,

57-1000g November,.. 4 9-1600, 108 514703 3-16 November,

51401;?, December,

45801 11-16 54695 3-10 December, Av. for the year... $1 83.8 $5 51.7

Av. for the year,..

$5 18.7

5 (534

$5 14.1

PRICES OF REFINED SUGAR AT NEW YORK DURING THE YEAR 1886.

HARD DESCRIPTIONS.

SOFT DESCRIPTIONS.

1886.

Cut Loaf

Crushed.

Powdered.

Granu-
lated.

Grocers'

White
Standard A.

Small A.

Extra C.

Jan...... 6760% 6720738 65.60738 64477,676 68264 53497327 5 9-106176 Feb., .

69 821 34 6 5-10 bila 5 15 160516 Gänni76 57-160 54 March,.. 6 9-1000634 65 64 65-16400134 163-1646 7-10 5 13-16636 57-10-334 April,... 6 9-1668 6 9-16 65-166778 6 0738 j 13-10674 5 (1455-1001,08 May..... 6740756 674706 6 744 6146607 5157158 55400,6% 57-1600 June,

5100) 13-16 31971) 11-1657-1664-312 July,

67870676 6 1-1660,414 55.105 13-16 58400556 548137-16 August, 6140g 614063, 01-1000, 594021 3-16 55721% 53-1601154 544057-16 Sept., 6140103

614001 5 1-1106 1-16 54,410,5 1:3-165 5-16601 356 51:42 Oct.,

6 (1614 63461,5 15-16 5.9470529 51401,338 47401344 Nov.,

574606;5 11-160534 5!401374 5 (1,514 4341003 Dec., 6182,674 513:14

57801,038 511-16-5 15-16 538919g 5 1-100,38

Aver. for

year,..

$6 66

$6 66.3

$6 48.6

$6 23.2

$5 81

$5 57.5

$5 39.3

THE MOLASSES TRADE OF THE UNITED STATES.

Annual Review, showing the Import and Consumption of Molasses

in the United States for the year ending December 31st, 1886, (exclusive of California and Oregon.)

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71,117

150

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Deduct stock, January 1, 1887,.
Taken from this port for consumption..

10,00

70,967

6,302

112,058

15,415,651

Consumption in 1886, as above,
Totul consumption in 1987,...

Increase in 1886,...

..galls. 15,415,651--of which foreign,..

8,902,975

..galls. 10.536,505

5,008.015

galls. 6,452,676

Increase in 1886,......galls. 5,508,580

AVERAGE PRICE OF CUBA MOLASSES, PER ONE HUNDRED GALLONS, FOR EACH

OF THE FOLLOWING YEARS :

1886, 1885, 1884, 1883, 1882, 1881, 1880,

$17 19
19 41
18 83
27 74
34 50
33 47
35 00

1879,
1878,.
1877,
1876,
1875,.
1874,
1873,

$26 131
33 35
40 87
34 60
37 00
40 00
32 25

1872,
1971,
1870,.
1869.
1868,
1867,
1866,

$31 12 36 00 37 50 51 00 49 25 51 00 52 12

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53,042
2,763

5,110

47.335
10,000

9,834,145

891,170

Deduct stock, January 1, 1886,.
Taken from this port for consumption,...

50,279

5,110 | 37,333 8,962,975

Consumption in 1885, as above,..
Totul consumption in 1884,

Decrease in 1885,....

.galls. 8,962,975-of which foreign, .......galls. 5,003,015 12,827,697

9,083,002 ...galls. 3,864,722 Decrease in 1885,.....galls. 4,076,987

DELIVERY OF MOLASSES FOR CONSUMPTION AT THE PORT OF NEW-YORK

FOR THE PAST TWENTY SIX YEARS.

Foreign and

Foreign and Foreign. Domnestie.

Foreign. Domestic. 1886,.... galls. 10,536,595 15,415,651 1873,....galls. 12,912,384 14,885,675 1885, 5,008,015 8,962,975 | 1872,.

15,585,533 17,454,053 1884, 9,085,002 12,827,697 | 1871,

17,066,656 19,218,616 1883, 10,925,281 15,319.886 1870,

16,408,371 18,464,451 1882, 11,350,475 15,681,410 | 1869,

19,509,790 20,810,750 9,053,906 13,409,591 | 1868,

20,836,636 21,950,924 1880, 10,615,101 15, 206,081 1867,

19,729,680 20,639,904 1879, 12,032,239 17,672,359 1866,

18,313,133 18,878,052 1878, 9,056,717 16,313,857 1865,

16,535,130 16,752,130 1977, 9,835,641 14,572,657 1864,

14,155,612 16,813,785 1876, 12,441,637 14,192,277 | 1863,.

10,280,673 18,162,293 1875,. 12,065,407 13,182,742 1862,.

9,003,818 12,026,808 1874,.. 11,460,212 14,147,344 | 1861,.

6,249,797 8,406,269

1881,

* Including syrup.

GENERAL STATEMENT-1886.

RECEIPTS OF FOREIGN MOLASSES IN THE UNITED STATES FROM 18T JANUARY TO 31st DECEMBER.

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69,037
19.019
15,23

905
1,599
16,577

343 1,687

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New-York,
Borton-from Cuba,.

Porto Rico,
English Islands,

Surinam and other foreign countries,
Portland-from Cuba, Porto Rico and English Islands,..
New-Haven-from Cuba, Porto Rico, &c.,
New-London and Norwich--from Cuba, Porto Rico, &c.,
Providence and other Eastern Ports--from Cuba, &c.,...
Philadelphia--from Cuba,

English Islands and Porto Rico,..
Baltimore-from Cuba,

Porto Rico..

English Islands,
New-Orleans-from Cuba, .
Savannah and Charleston,
Wilmington, N. C.--from Cuba, &c.,.
At other Southern Ports-from Cuba, &c.,.

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29.321 112,876

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Total consumption of foreign molasses in 1836, as above,.

-galls. 36,477.626 Total consumption of foreign molasses in 1885,..

26,709,135 Increase in 1886,...

..galls. 9,768, 191 Total consumption of foreign in 1896,.

galls. 36,477,626 Add estimated crop of Louisiana, Texas and other Southern Status, of 1885-86, the bulk of which was distributed in 1886,.

galls. 21,508,732 Would make the total consumption of cane molasses in 1886,

.galls. 57,986,338 Total consumption in 1855,.

41,363,013 Increase in 1886,

...galls. 16,623,315

TOTAL CONSUMPTION OF MOLASSES IN THE UNITED STATES FOR THE PAST

TEN YEARS.

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GENERAL STATEMENT-1885.

RECEIPTS OF FOREIGN MOLASSES IN THE UNITED STATES FROM 1st JANUARY TO 31st DECEMBER,

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New York,
Boston-from Cuba,..

Porto Rico,
English Islands,

Surinam and other foreign countries,
Portland-from Cuba. Porto Rico and English Islands,..
New Haven-from Cuba, Porto Rico, &c.,...
New-London and Norwich-from Cuba. Porto Rico, &c.,
Providence and other Eastern Ports-from Cuba, &c.,..
Philadelphia-from Cuba....

English Islands and Porto Rico,..
Baltimore-from Cuba,

Porto Rico,

English Islands,
New-Orleans---from Cuba,.
Savannah and Charleston,
Wilmington, N. C.- from Cuba, &c.,
At orber Southern Ports-from Cuba, &c.,

Total receipts..
Add stock at all the ports, January 1, 1885,

Total supply,..
Deduct exports and shipments inland to Canada in 1883, .

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Deduct stock at all the ports, January 1, 1886,...

Total consumption of foreign in 1883,..

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Total consumption of foreign molasses in 1885, as above,

galls. 26,709,435 Total consumption of foreign molasses in 1881,

30,342,079 Decrease in 1885,.....

galls. 3,633,244 Total consumption of foreign in 1885,

galls. 26,709,435 Add estimated crop of Louisiana, Texas and other Southern States, of 1884-83, the bulk of which was distributed in 1885,

..galls. 14.033,608 Would make the total consumption of cane molasses in 1883,.

..galls. 41.363,043 Total consumption in 1881, ....

48.737.993 Decrease in 1883,..

..galls. 7,374,952

ANNUAL REVIEW OF THE MOLASSES TRADE OF THE UNITED STATES.

The total importation of foreign molasses for the year 1886 was the largest in ten years, but the bulk of the receipts was used up by the boiling establishments at the several seaports where this industry is carried on, and hence formed but a small proportion of the liquid sweets used in household economy under the name of molasses. Out of a total importation of 268,525 lhds., only about 25,164 hhds. went into direct consumption, the remaining 243,361 hhds. having been re-boiled, yielding a product of 72,613 tons bas

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