The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1888-11-17
EASTERN AND FOREIGN MARKETS.

Since our last report, the New York
market has ruled dull. Our latest mail
advices of the 9th ultimo state that
refiners are Indifferent, and appear to be
sufficiently we'll supplied for their cur
rent requirements. In consequence,
values have ruled easier.
The marketing of the Louisiana crop
offers new source of supply, and checks
the consumption of Eastern refined, the
Brazil crop for forward delivery at prices
below present values also has weaken
ing tendency, and the effect of the beet
crop upon European markets Is being
closely watched. Under these circun-
stances buyers of both raw and refined
sugar are inclined to operate cautiously.
Holders of raws, however, still show a
firm attitude. Nominal quotations are
516c. for 80 test Muscovadoes, and &c.
for 96 test Centrifugals. Very little stock
is left in Cuba for export.
New crop Demerara is being offered
for November shipment at 31ac., cost
and freight for SO test Centrifugals.
Under date of October 25th, Mess.
Willet and Hamlin state that it is quito
apparent that the consumption of sugar
in the world during the past six months
was in excess of the production OF the
same time and that consuming countries,
particularly the United States, are de-
pendent upon new crop supplies much
earlier this year than for many years,
and as far as known, the new crop esti-
mates for the coming twelve months are
almost an absolute guarantee of higher
range of prices during most OF that time.
Total stocks in all the principal coun-
tries October 25th was All ,205 tons
against 513, 1853 tons at same time last
year. Stocks at four ports U. K. for the
week ending October 9th, $500 tons
under the previous week, or 152, 929 tons
against Ia, 089 tons last year. Receipts
Ii 500 tons; deliveries 1900 tons.
On the goth ult. London beets SO test
were quoted at 1913 and since that date
the fluctuations in the market have been
as follows: 22d 14-11a, 23d 14-3, goth
1919, 9th 49,, 31st 12-101a, LIST inst. II
6, Sd 12-715, and 9Th 1873.
Our latest Geographic advices from
New York of yesterday quote value of
Cuba Centrifs. 96 test at 61sc. Market
unsettled, future doubtful. European
and Foreign Markets strong again. All
crop estimates unchanged. Refined in
New York has declined to the basis of
TIC. for granulated.
RICE-Sales have been made at 41Sc.
so days. Chances favor an advancing
market as stock is concentrated.
FLoUR-G. 6. Elk. Fam. $500 per Dbl.
I. o. %. FL DOIduO, Pt.OOj OIOWu, 9t0Os
BARLEY-No. Feed 50 and S714 per
ctl. f. o. b.; gro. or rolled $18.75 per ton
f. o. b.
OATs-Good feed 81 % per ctI. fob.
BRAN-$18.50 per ton.
WHEAT-$1.55 (feed), choice milling
81 20 per ctl. fob.
HAY-Wheat comp. $3.50 cat $14.50;
large bales of wheat $1,000 O. $l7; large
bales of oat SIS.
LmE-$l. 40 and 81 80 per Dbl. fob.
CHARTERs-Since our last, transac-
lions have been on liberal scale with
iron tonnage closed at ~ orders and
wood at corresponding reduction. AT
this writing considerable tonnage is due
and with quiet advices from England
we quote the market as fairly steady at
above rate.
ExcHANaE-London so days $4.8411s.
N. Y. sight 1211ac. premium.
To sail soon for Honolulu, November
9th bknte. S. N. Castle; 8th, bktne.
Discovery; 9th, bgtne. w. G. Irwin.