The Hawaiian gazette., 1884-04-23
CONNIE RCIAL.


C. o M NJ E X T. a Ia.
R0Y0LULU. APRIL ., 1854.
R.s1xrss since last writing las remained IN statu
so az when last nouccd 10 s' aullei
times being, however, noticeable IN nes % geneIai
trsle The financial question u occupying UT alte-
lion Of business generally but although many ways
arr proposed towards Tightening INC eePtesslo4 On ae
count Of the high rate 81 exchange yel ihc hSae ~ e
financial affairs Of the kingdom shows no alsposinon
10 aid or assist. Sugar Is arriving ~ ~ mr.
svraitinr shipments from the other Islands
since last writing, The arrivals hAfs oeei. !e mai
steamer Zealandia and Alameda BON from INC coast
,i,h t.,c mails and the latter with passengers and
rat~o and the tern Dora Bluhm with lumber from
f9T 5 gePsTarcs consist OF the zealandia for the
Colonies. -, v,-,iti.,-, r,i,,o,,d l. g., =. Lotto
,,so m extract from the sugar circular OF Messrs.
Niiieii Hamilton a Co. Of New York and Boston.
SAN FRlScIsco- April 10Th ,:1ssi.
DEAR SIN Our last adyccs dated Mar. 18th, per
STGkR-Adyiccs from New York concerning
that the market oohtnues oun anu uepresssel'
while receipts unusually heavy LOT the session
The difficulty chectins sales except at liberal COZ
ccssion together with discouraTng aaslces iron Lon
don and Cuba have been the chief causes oil the down
ward tendency.
the consumpton very greatly. Thus al the four Attain
tic ports there melted up during the first quarter
Of the current year 2jOD tons Of raw sugar against
90 tons during the corresponding quarter OF issJ'
an increase Of q per cent
CentTifngas testing a6 per cent, are quotable at
RICE-For the past two weeks the market has
NAMED firm and unchanged at 52lc 60 days. To-day
5r ~ DAYS is asked and the article taken at the figure
for immediate The price will doubtless advance
SC by the the arrival Of the Mariposa Eastern de-
mand fair and shipments 70 the territories arc free
Choice Carona is selling in New York to-day at ca ~
MoLAssEs-Is dull last sale l2Isc, month time,
E1CHANGE-London 60 dspt, $3.50; New York.
NEW YoHK April l.
ForR PoKrs' NJ AEBErs Receipts for the Week have
again been very large asG tons although "A 600 tons
less than previous week. and consisting Of Cuba, IA
u tons: Indies, 5,36 tons; Brazil, jlBl tons;
East Indies ASA tons; Europe LIS ions; MauritiUs
l. on tone Deliveries have alec been large, 30 COZ tons
that stocks have increased but I5 tons, but are
fOlOD tons larger than last year. Consumption by
which. the net melting Of refnurs since Janu
airy l shows over ~ per cent increase over last year
as follows:
Importers aud Refncr4 stocks,
Jut. LIST quo h1rlt3
Imported by importers and Re
dncrs to March s7th.---...... 25ilsss l'2,sl5
$4,000 IGs.als
importers and Rehucrs' stock
March s7....--..-....--... lV'-a5 e'l''
Net meetings, Jan. let to Mar g.. sJ55o5 1Cs.ela
Sales have increased for spot sugar, the offerings
from producing countries present prices have fallen
below the requirements Of rcfncrs, SUI the down
ward tendency continues and prices are lb " - low
most grades, but the exceptional transaction in
Brazil at i-l6c improvement In cost and freight car
goes, several centriugas have been placed al l-l'e
decline say q 3 i5lGc for SO, and muscOvados have
found lower Level at 3i4c.,c- T. for one cargo OF
weight ruarantoe and So test Offerings from Cuba
continues small. but increasing from Porto Rico
and some other West midas.
Shipments from tie Philippine Islands have been
checked by their late and small crop and anoats from
there arc nov no larger than nj same TINE Est yeat'
and prices continue above the parity Of our market
Some Cuba adyices indicate ourtAing of the crop
from various causes. brt il sl generally estimated
At 10 per cent. the last say jOOO 70 jUJ tons
Refined sugar continues 10 have downward tend
ency the production being always rather ahead OF the
demand, but the fact that redncrs can market their
production se a. they do s rather an indication
that they may have difficulty in supplying the increased
demand which should come with good spring weather
and the opening OF the fruit
The london adyioes are the worst thing our market
has 10 contend aranst. There seems TO be bottom
there and the foar Of exports this way being
smed, Keeps our holders in anxiety all the time; a
change there would be great relief and give stimu-
luz TO the sugar business here very quickly
Rchners stock in New York is s,Il tons, against 10
III last year and acners stock in Boston Is 10
no tons, against s,6H tons last year. Total stock in
FoIr Ports in all hands il 1U.96 tons, against 20 g5
tons last week ,Iand 6s.l5O tons last year.
SINGH March lst., the receipts at FourIorts have
been bl17S tons from Cuba. 13Oel tons from British
and French West Indies, 80 tons from China, 6,O3g
tons from Europe 2ll3 tons from Maurtius, " tons
rived 10 rcfners and a. s55 tons to importers SALES
FOR the time % 40 tons and total deliveries - o69
tons, which includes receipts TO rcfncrs stocks have
increased 2 as tons since March lst.
NJ LIoHr's LATEST ESTIMATES uF THE BEET cnor.
lSS3-3 Tons. 1sS2-3.
Scrmany.-.'''-'...'.. 80 , ~ ois'i2i
France -----....--...........-.-4lj S23lg
Austria and Hungary. -..-..t3jON f73,Ou
Russia and Poland. -....-.--3 10000 -s54si
Holland aud eiicTicrc -. dO000 500
Total -. . 10000 2ii65B
LoSDoN March 9Th Receipts at the -Four Ports. L
X. for the week ending March END were sl500 tons.
Deliveries 1ssoO tons. stock inorcas ed, $500 tons
Excess stock last year ij,a16 tons Quotations
Java No Is. D. 5, q s6s. I'd. Ccntrfugnls, % q ~
3D. Fair Refining, a. les. Cd. BeCts, - a. lbs. Cd.
Cane sugar weak, spectators and rchners hold of,
Bccts declining rapidly.
PHrIrTrNE ISLANDS March 24nd.-Sugar, sellers
Quotations: extra superior Manila, ga lOs.. T. b.;
superior Manila, E2 l0s f. q. b.; superior lOO. Eii
b. T. o. D.; superior Cebu, El2 los I. o. b. Cable ad
vices 10 March sth show 1890 tons had sailed for the
United states since January lst against 2ijl tons
for same time last year; q eli tous anOat.
against 2,U13 tons TO same date last year
NEW YORK, 9Th April 1851.
since our last report OF the 9Th utimo sugar has
coded further in price. Only stay in the decline took
place when the price OF beet root sugar in England
from lbs. Cd free on board fors polarization TO los Cd
10 make mp for shorts. Afcr this the price rcCcdcd
nrain to los. 6.
As our refncrics kept on with their work, although
refined sugar found a very slow sale overprOduCtiOn
necessarily be the result and graduated has al
ready fallen cts. The rchuers by force of Circum
stances, have ustAyery possible TO press tho
value Of raw sugar down. in which they have been
assisted by unusually large importatlOus and the de
mOrAlisation Of the Cuban and European markets.
Cuban ccutrifugals pOlarising ~ have been sold
here at o. cents and also UcnrfVEas g polarization
(cuarautecdD 81 i36ths Cctts 10 arrive But at hCs'
prices there more sellers then purchasers.
The main point In favor OF sugar il the stimulated
prices. Ia the course OF last month 10000 toni
have been delivered in this Uouutry far the urges
quantity in month, The increase I'm tina
delivery sugar during the last three months ahou
900 tons, and although 1t is not To be supposed tina
such large increase will continue (which would max
Of 3O1u1O tons last year Iill it show
that the low prices of sugar drive grape sugar GLUCOSE
and other substitutes out Of consumption