Saturday press. [volume] (Honolulu, H.I.) 1880-1885, 1885-06-27
COMMERCIAL.

lIoNoLuLu, June ~, 1855.
1t !. pleasing to note the indications OF i'm
proyement in various lines Of trade that is
taking place around us. and though ], docs
not as We, effect the retail trade, it neverthe
less gives an encouraging outlook for a revival
in business circles. Last week was Motel the
full and satisfactory figures Of the large and
mportan, sale Of real estate, which. with the
inquiry for lumber, and the building improve
ments under way. indicated a more confident
spirit pefvading than many were inclined to
believe existed. In further confederation OF
this view We are pleased to record the activity
a, the Iron Works upon plantation orders,
principally with the view OF extending and
improving the crushing capacity Of several Of
our large plantations, based upon the success
Of the hiacera,ion process at the waiakea
Plantation, and aided by the improved and
firm tone Of the sugar markets abroad.
The arrivals for the week have been the
Alameda, Ella, and J. ID. Spreekels irum san
Francisco; the Brmah, from Glasgow; the
Julia Ford from Departure Bay; and the Cen
taur from Hongkong.
The departures this week have been few and
the exports eouespondingly light. Next weeks
list, however, will show considerable difference
The Alameda came to hand on Monday,
and passenger list. Williams, Dimond & Cos
trade circular, by her, is given herewith, and
reports qaite an advance in rice, which will be
welcome tidings to number of islanders.
| Our las, circular was dated, June list, per
steamer Mariposa.
SpcAR--Osr local market continues in
| abou, the same condition as noted month
ago, except that at that time the prices Of the
American Refinery were Nc below the Cali
fornia Refinery and they are now 4 higher,
| the reduction having lasted only few days.
Although Iaws have advanced all over the
world and the effect has been felt in the
Eastern market to some extent, there have
been few changes thus far in the prices Of
refined on this Coast.
Eastern and Foreign markets To-day the
situation is much the same as noted in our last
report. Prices still continue below foreign
markets and are a little slow to respond to the
tccent advance. The strong feeling noted two
ceeks ago has been followed by short period
Of dizziness, which is caused principally by the
continued efforts Of rehners to keep prices
down.
We quote from New York Exchanges of
June 9th, as follows "Thc market has de.
veloped no neo icature Of special importance
Consumers have resolutely refrained from buy
ing spot supplies and the demand generally
has been Of the same Indifferent character that
has been SO conspicuous feature ever since
the present advance was established, while
sellers entertain firm views and in most in
stances ask much higher prices than could be
obtained, on the present basis Of values The
consequence is that this m,rke, continues to be
the lowest in the world and the strong position
existing everywhere else is neutralized here by
the difficulty in effecting sales
Our latest Geographic advices of the 9Th
inst, state that the dullncss had continued W
+ to the present time rehners have RETAINED
from purchasing more than their immediate
. wants, but sellers continue strong in their ex-
pectations of higher prices On the above date,
, however, the tone of the market was decidedly
better and improving from the dullness noted
above. The demand for refined was also in
creasing. Cuba centrfugals, 96% test, g c.
: There has also been a reaction in beet:
since our last report, but considering the rapid
advance in that article for the past few weeks
, this reaction is only natural consequence ant
considered temporary.
European crops are backward and the de
fciency is estimated from 10000 to 600, oot
tons.
Cuba crop is finished and is about the sam,
as last year There are few sellers.
London, 5i.ne I1fh Beets SS%, I6s., sd
i June 18th, los, AID. Market strong.
: No change in Manila basis, which is $5.6
RlcE-Owing to oar light stocks and n,
receipts per Alameda, together with the new
that the new crops damaged. rice advance,
, to &c and then to 6>ac and 64c cash, whicl
latter figure Is the present price.
< News Of the crop is anxiously awaited.
!, FLouR-G. G. Ex. Family $4.7o; FL Dor
d ado, So. so.
BRAN-Per ton {. o. b. $1,000.
BAxLRy-No. feed per ctl. $I.32H
GROUND BARLgy-$2S.oo per ton {. o.
: OATs--FNr $I.Io,med. $I.25 choice ST.. S.
O HAy-Compressed wheat and oats $I3
to $1,000, large bales Sra. 80, to $1,000.
LIMg-$I. 4oper Dbl. fob
e CEARTERs--Market continues in much tn
e same condition as when We las, advised you
Several large iron have been closed at gas
Cork, U. n, while one Of small capacit
=, obtained COS sd with IS Cd reduction to an
port direct and will load -four.
Harvest progresses. English market que,
'e ExcHANGE-Londo 90 ds-st. $4.84, N. y
" sight is prem.
Yours faithfully,
'" WILLIAMS DfMoND & Co.