The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1856-1888, 1866-08-18
CoMIIERC
SATURDAY,. AUGUST Is, 1896.

- e'H h<ur- more accurately the cost In th= m-a - agree
'vfh hMa "a tie movement which b seeks % bring aboa;. shich
70 this. That The planters % tsess Stands enter lap9 contracts
With tn san Saneiseo reGnsres 70 supply them -ith ali the
DARK sugars that they may require fr refining p.rpo.-.
When this subject vas fret broaeh,d ~ Mr. Chatter, sou4s
eighteen mouths ago, there was a strong prrj1dies ag>fns; en-
tsnng into the engagement Tor three reasons hrt. the ~ant Il
= responsible resident agent - act fr the rehn=res, the
general billet that more money eDud - mad. ~ manhseiarias
higher grNiss At Prees which nsttei an Aver4g- q : eea.s,
ard - San Franesco consumed double the amount q raw
sugars then produced here, there va. No reason 10 fear any in
mediate surplus 7h@ proposed contracts were declined - our
planters, and the sH Francisco rehneri~s sent heavy orders 20
ManiLs, which, combined with our steady increase q production,
have resulted N breaking down the san Faneiseo marsst- Tie
zane proposal, from at least one q the san FranciseD rshner-,,
hasnow o-sa renewed 70 our planters, aad Sir. Castles letter y
Intended to show its merits, and Why Z should bs adopted -
them.
Ills letter l.. in the main, s0und and correct, but We must
take executions ., sone % his figures He states that the total
importIion % raw or brown sugar into san Francisco for lSsS
was % 10000 d. THIS Is not c1rr-ct- The actual importA-
ton into san Francisco for that year, as given 81 the MereaH-
tHs Gazette, was 23o2295I rs, and for the year 1854,
~2I,42o,IO5 n tie makes his error in copying from Me,srs.
Brooks & Co.'S circular % May I:rh, ~hieh statement probably
inelud-- all that arTiuea a; san Francisco daring IsoS and Was
entered an bond, but not kr consumption. The amount
uhch entered for consumption and paid duty during 1885, -A,,
as copied frum the Gazette, s,.o9.-s5I rs The actual con-
sumption % foreign raw sugars sor the same year vas 3I,TOOy-
600 Bs-
Nos. as our ~prodoetion this year will be marty up to 20,
eCo,OOo tss, OF t~o-ttsrds Of the consumption Of san Francisco,
d g evident that tie time has cone for sone action on this
SUBJECT and that = el be for our interest to exclude the Mani.
sugars from tia. market, IL it can be done so a. to net our
planters -tst they you'll Otherwise obtain. Mr.. Castle main
tains that tAe proposed contract system will gain the desired
end. Our crop for 1867 Gill not be less thAn 2SIOOOyOOo rs,
fur-frhs % which must se-S The ran francisco market Now
Gone-hAlf this amount can be worked into the coarse quality
WHICH the r-hners ask hr, and the osh-r halfin Ito Whittier grades,
a gill furnish them AL that they require without Inportaiions
from Manila
The hr.t step to the carrying out OF this plan will be the sP-
poiniment % responsible aserts at Honolulu to act for the
san Francisco refnerie., Who -haH be authorized 10 aecep, or
reject, and settle for su purchases We understand hat
Messrs- Haekhbi & Co. have been designated IS such by one
refinery. The next point will be the price. A year ago I. cts
per n vas offered Or DARK Sugar, payable on delivery at Homo
lulu. Can our planters aGorI to sell a, . lower figure now, and
fs1, how much! IL the increase in the quantity produced for
this dark quality $ as stated by Mr. Gordon, ani quoted by Mr..
Castle, this, with n. reduced expenses % interest. insurance,
commissions, &c, = worthy Of the attention and experiments
of planters
We regard the present depression in the price x sugar as
only Temporary, and Il woud be un~i-c for planters to enter
Into any contract, to sell their crop Tor a year to come a. eo.t,
because now they only Obtain cost The price will advance
again 50 soon as the present surplus in san Francisco works
%. which will not take many months. Tue importations into
that port for the first six moa,hs Of 1895, were 2~7-o02Ooo fb,,
or nearly As much as for the whole Of 1865. when the amount
required for consumption for the same period was only abou,
100000 bs- OF course no market can sustain such an IN
natural weight. brou sht about in part by the indiscr-stness and
rivalry of san Francisco dealers, or else BY a determination to
break down the market As soon As this surplus works Of
and low prices always cause a Iarg. increase Of consumption
the marke; will be relieved and prices be restored to fair paying
rates For these reasons we trust our planters will be caution,
in binding themselves, to contracts, unless the rates are fair and
equitable. As We said before, we think that a portion o. our
large crop for 1867 may and should be contracted for, II the
terms and the agencies n such rs will insure mutual benefit
We have the fullest confidence in sugar manufacture as one
Of the safest investments Of capital, and one OF the most profit
able branches % business. But, Ike every other, IT IS liable to
fluctuations, and no one should become frightened because, in
times Of depressed trade, IL does not pay a profit. nor rush
hastily into any acts which may csuse regret, or h. q ,,crnIes
with pecuniary loss or disadvantage
SN''-it ''Aeu Dedford paper that a dangerous
reef or sunken =. mas been discovered in this Ocean. The
Bthsh bark Sir George Gray. from Quinteros, bound to Auck-
land, \. T., with a cargo Of breadstua., struck on a sunken
rock, mot laid down in the char) in lat. y So, 8 long. 13s W.
and toundered. The crew took to the ship, boats, and arrived
at Tahiti on the 18th Of February last
san FaAscIsco MARKET-From the Alta Of July -, We
extract. the following:
sreAR-saIes Of $50 kegs and so bags Hawaiian at improved
rates a, compared Nth tn, the sS,- aa a0a ab Er,ss, :. not. an easy
market, especially for the latter, which at the close rules in
and extra bakers qualities have been dull Of sale, at s566 IS.
BRxsD-QuotabI- at 3iG3ic- for Navy Pilot At 4iG5c;
crackers at &c. and assorted cakes at 9tc. 2 ID.
PoraroEs-saie. at so@eoc Y 100 tb'.
BAKLEY-DuII Of sale, and nominal at soG9Oc. 2 100 lbs,
as 70 quality sales Of $50 SKIS new at SOC and $50 do choice
HIr1saIrs q 900 bale. fair at ssi 100 do. good, at sIs, and
200 do choice at sI3 so 2 ton
LOCAL
A. usual, at this season Of the year, business Is dull, little
doing, shopkeepers idle, customer, scarce and money scarcer.
1t has been 30 every year, during August and September. for
twenty-five years, and 50 long as sugar mills lie idle during the
summ-r, and -h.leships find this their best season for Arctic
whaling and decline to return to port till October and November,
our hummer months will continue to be idle ones. This is all
the better FOR Us, a. our mechanics, clerks and merchants
who expect to work hard the rest Of the year, should have and
should tase sumo time for relaxation Every mechanic should
try and get away for = few weeks, to shoulder his gun and
ramble up the mountains Of Hawaii or Maui, sleep in forests
and return with game that gIaddenst the eyes, and with inTigor-
ated health and blood that frshen him for the rest OF the year.
This everlasting croaking about trade being OVerdOue, predict
Ing starvation and beggary ahead, is all bosh. Crackers are
around every year snd tell Us the same gloomy story One
year the eiyh sar was going to knock everything into . cooked
hAt-the DeIt. coal oil was sure to drive every rhaler home-the
next, the Shenandoah wouidn', leave n solitary sail to tell the
story Of her depreda;bons-ABd nov this year the price OF sugar
IS 50 Low that Z don't pay hail its first cost and never will. and
business in consequences . ali going to destruction. such Is the
silly talk every summer % the bears" hlins around town,
but before December they fad r marvellous ehAng--rhaIers
very suceessfsI-good news from vrrywher--businessb brisk
just as much as xe can atesd t"-nsver expected anything OF
the kini, &c, &c
Prospects for a goo; fall trade never looked more cheering
thaa now Heavy impotHtiozs % Lumber are arriving, the
Usual sNa Francisco Paeke.s are on the route, and some eish;
or ten large ships are soon to arrive from Eastern American
European ports, having over ten thousand tons Of merchan-
Of which will be wanted B-siies, We shall have =
strong and permanent line Of steamers within four months con-
Meeting Us ~i;h san Francisco
eur foreign arrivals have been the British clipper ship I'r-
Ella, from ShanghA-. seeking. she has been chartered by C.
l. Richards 4 Co. to Lad oil this fall for New Bedford She
Is one % DouaI MeKay's hue., vessels, transferred TO the
British flag during the rebellion, and has = capacity hr 5000 to
barrels
The British ship VhGmPod arrived yesterday from Fooeho~,
seeking freight
The bark SarifG bring, q small cargo Of assorted msrchan-
die TO Nessr,. Hackf-H X Co. She will load Tor the same
and sail with dispatch
The barks 4. A. ElGrid1e and Jane 4. FGikeHbHrg are
Doh from Portland. Oregon With earsOes % lumb-r-thsf former
-onsixOsi to M-ssEs- C. Brewer & Co. aud the LATER 70 Me,srs-
Walker. Aleu- < Co {
The Hawaiian brig HGnehGmeAa .. sailed on the l4h for
Bakers LAEd- ,
The Ertlh 5~s IHH S1nde,,oH sailed on the 18Th for san 1
AID q. LI.EaLan brig Ha-rLst Nsr.M Lhe sams !