The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1885-07-09
WILLIAMS & DIM0ND'S CIRCULAR.

DAN L NANClSCO. July ISL. 1000.
Our last circular was dated June 18th.
per steamer Alameda.
SUGAR.-The only change to note in
our local market is the advance of C.
per Id. in the prices of the California
place on the Goth ulto This makes the
prices of the two retinerics the same.
except for yellow. and on this grade
the prices differ C. per lb. in favor of
the California Refinery.
Eastern and Foreign Markets.-The
latest Geographic advices in our last
report showed a strong market for raws,
both in Europe and New York. Beets
were again steady with an upward
tendency. This condition of affairs
continued up to the Goth ulto. Beets
advanced in London to IL s. and Cuba
centrifugals in New York to 81 C. for
SO percent test.
The New York market ruled strong.
Refiners stopped selling their raw mate
rial and were large buyers at higher
prices, while holders were inclined to
ask further advances, being encouraged
by beet crop reports and the higher
markets of Europe, Cuba, and all
sources of supply.
The condition of the market certainly
looked more hopeful than for some
time past.
However, on the above date advices
from Europe were less encouraging.
Beets declined to 1919 and again on the
25th ulto. to 16, and in consequence
the New York market became less
steady and buyers more cautious.
Our latest New York advices of the
Oath ultO., state that the easier tendency
of the London market and a falling off
in the local demand for refined product
has caused consumers to withdraw from
the market for raw material, and since
the current week opened, the business
transacted has been of triiling import
ance.
Supplies have been firmly held, and
sellers have shown no disposition to
modify their views. but the absence of
demand has impaired tame feeling.
In other words. the sharp edge eXpe-
rienced last week is off, and while values
are quotably unchanged, it would be
difficult to obtain Il repetition of bids
then made. Retiners are quite well
supplied for their current requirements
and accordingly are in pretty safe
position to await the further develop
ments of the London market, which is
Our latest New York telegraphic ad-
vices of the Both ulto., show no i'm
provemcnt. Cuba centrifugals SO per-
cent test, Ga cents. Market duh but
holders still firm.
London. June 30th.-Market declin-
ing, being affected by the large receipts
of American refined.
Beets IS percent test 1919. Condition
and estimate of crop unchanged.
We still quote the Manila basis at
$50 for Of percent, no change having
taken place.
RICE.-Thc whole shipment of 400
bags per Mariposa was sold at 7c., 60
days, which is the highest figure in
years for this article. This high price
had induced jobbers to import rice from
New Orleans. The cost in New Orleans
to-day is 51ac., which with freight add
ed (34c. per lb,) makes the cost laid
down here GIc. Some two car loads
are already here and five more in tran
sit. If sufficient rice arrives per Ala
media, there will doubtless be conflict
between the two articles.
Flour.-G. e. extra family $40, El
Dorado $3.50.
Bran, per ton +. o. b. $3.50.
Barley, No. Feed, per ctl., Sl.15.
Ground Barley, per ton f. o. b. S25.
Oats, Fair Sl.20, Med. 81. 35, Choice
Feed Sl.50 per ctl.
Hay, compd, Wheat and Dat, new
Sl4, old Sl4.5O, large bales. new sl4.50