Daily Honolulu press. [volume] (Honolulu, Hawaiian Islands) 1885-1886, 1885-09-09
wmlan... plmena g coz. c,eular.
San FnANc1sco. Septemhel l IS,

SAN FRANCISCO, September t. 1885.
DEAR SIR
Our last circular was dated August 18th,
per steamer Alameda.
SUGAR--About the time Of our last issue,
both the local relineries advanced the price of
Extra c. and FL Dorado &c. per ID, making
that date there has been no further change in
prices here.
EASTERN AND FOREIGN MARKETs-A An
improvement has taken place in both the New
York and European Markets.
The estimated shortage in the beet crop
which is now reality seems to be having its
effect upon prices and is beginning to be felt
beth in this country and in England. The
London Market, however, is still in many re.
spects Of a speculative character, and the sharp
advance and decline in prices have been caused
in a great part by that influence.
Since the 18th and up to the 18th ult, the
New York Market ruled steady with a
moderate demand and small sales ON the basis
Of previous quotations
On the 18th ult., however, London advices
were stronger and by the 2sth ult., beets had
advanced from Is s., 3 d. TO IS s., ID.
The New York Market Immediately showed
mari ed improvement. The price Of all
buyers
We quote from Messrs. Willett Hamlin
& Co.'s circular Of the goth ult. as follows (:
"Receipts have fallen off from all countries
except Cuba, and are now 1856 tons under
last year in August to date. Stocks in all
hands decreased 7,543 tons, and are now co.
S4o tons under last year, and have decreased
from the highest point in the year 26,675 tons.
Home consumption keeps slightly ahead Of
last year, and we still expect the usual increase
before end Of year Export Of refined CON
tinues small, Notwithstanding free orders at
slightly under practicable limits. A small adj
vance in refined has been forced by the strong
position Of the newmarket. AT the close the
tendency is toward higher prices in both raws
and refined. Since the above a slight reaction
took place. Supplies, however, continued to
be firmly and confidently held with no indica.
ton that lower bids would be accepted! Our
latest telegraphic advice from New York OF
the goth ult., state That prices have been main.
tanned. Market strong and advancing with
the expectation of higher prices. Demand for
refined is increasing
LONDON, August 29th- European and For
eign Markets steady.
BEETs-8S%, test IS S., 6 d., shortage 3o%,
weather unfavorable.
The Brazil crop is late and small.
On the 27th ult., the Manila basis advanced
to $s4s and again on the goth ult 10 1888
for 9I%.
RIcE-Price has slowly but surely had to
give way to quantity from &C. There has been
a gradual decline to sac. The only cause is
over supply. Importers are holding, as TO
offer now would only cause further drop.
We quote price to-day "a SIC.
CHARTERs-No favorable change to note.
An iron ship, 1907 tons register, was closed
last week at 80 S., Cork, U. X, Harve, Ant.
werp, ~ s. 8 d. direct. There is virtually no
enquiry. Wheat remains steady here.
ExcHANcE-London, 90 days sight, $4.S4H.
New York sight, 1S%.
FLovR-G. G. Elk. Fam, Sass Ell
Dorado, $3.50.
BRAN-$I5. 50 per ton.
BARLEY 500 FEED, $I.3aH GROUND
BARLEY, $2S per ton.
oArsfair, $I.a7H medium, $I.4o /;
CHOICE FEED, $I.5o.
HAY-Compressed wheat and oat, $I3 to
$I4. 50; large bales. $Ia to $40
LIME-$I.4o and ST.. 50 per Dbl.