The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1885-08-24
WILLIAMS & DIMOND's CIRCULAR.

San Francisco, August 18th, 1885.
DEAR SIR,-Our last circular was
dated August 1st per steamer Mariposa.
SUGAR-We have no change to re-
port in the condition of our local mar
ket. Eastern and Foreign markets.
Mail advices received up to the present
time show that the condition of the
New York and London markets have
remained in much the same position as
noted in our last report. We quote from
Mcssrs. Willet Hamlin & Co.'s circular
of Aug. 9th as follows:
"PRICEs-MuscovadO and low grades
have remained nearly steady during the
week with good demand and closing
firm at basis of 51sc for fair refining.
Centrifugals have been in small de-
mand, owing to small demand for
granulated and the few parcels pressed
for sale, mostly eX ship, show a decline
of nc but are no criterion of the mar
ket, as nearly all holders of centrifugals
in store still maintain their prices at &c
and upwards for SO percent test and a
renewed demand for this grade would
make them quite as high again relatively
as muscovados. English holders have
been the principal sellers of muscova-
dos. Refined have been in steady de-
mand, with the exception of Granu-
lated, which declined to 5-1Gc, but
later recovered to 63ac and closes firm
with an increasing demand. The low
price of refined induced small export
demand. and about 1000 bbls. were
taken mostly for London. The tirmer
market checks further purchases. The
statistical position continues to i'm
prove. Receipts are small for the
week: refiners received only 1858 tons.
Stock in all hands is reduced 4 81 l tons,
add is now 7,23l tons under last year.
Melting during July averaged 1858
tons daily, which is less than in May
and June of this year, and July of last
year, and indicates larger MEETINGS for
August than last year.
BEET CROP-Careful canvassing of
the German Beet fields, by experts,
confirm fully the estimates of short SOW
ings and render large shortage in the
crop a certainty, the full extent of which
depends upon the weather, and cannot
yet be fairly estimated. The steady
reduction now going on in the total
stocks of consuming countries, should
soon draw more attention to the effect
upon prices of a short beet root CROP
Our latest Geographic advices from
New York state that holders are very
firm and there is a good demand fol
raws. Cuba centrifugals 96 percent
sac at 8 l5-lGc.
London, Aug. 18th. European ant
foreign markets dull-Beets SO percen
test Is. The present crop of all Eu'
rope is now estimated at 80 percen
short, and the Java crop 10 percen
short of last years.
No change in the Manila basis which
is 5-for 81 percent test.
RIcE-The large importation pc
steamer Alameda caused drop in tn
price of this article. Sales have beel
made at prices varying from &c 60 days
down to $50 cash. Prices are likely t
be lower still as the quantity on han'
is greatly in excess of the demand.
CHARTERs-Market continues in niue
the same condition as last advised
There is scarcely any enquiry neither i
tonnage pressing. A small iron vesse
was closed yesterday for flour at 81
Cork, u. X. 35-any direct port. Eng
fish advices again quiet While whea
here remains steady.
ExchaDge-London Gods. S4.s5, NY