The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1889-11-26
COMMERCIAL LETTER.

3. 3. Australia.
From Nessrs. Williams, Diamond 4
Co. s latest circular, We quote:
Our last circular was dated October
10th per Australia.
SuaAR-There has been no change in
the price lists of the local refneries, and
values have continued low, in sympathy
with the eastern market. There is little
inquiry beyond current requirements.
Price Gsts OF the two retineries are ~
follows:
American Re6nery-Cube Sc, d. Gran,
734c, Ex. C. 6iac, Col. c. 9.
California Refnery-Cube Size, d,
Gran. 734c, Ex. c SIC, Col. G. &c.
These prices are merely nominal
We would quote the market on the basis
OF 634c for granulated.
CUBA SAsIs-On the date OF last cir
cular the basis declined to Size, and
continued st that figure until the 11th
ulto. when it was reduced to SC, and
again oath ulto. to 7Isc. On the S0th, q
sale of Cubas to arrive was made in New
York at equivalent to sac, delivered in
Philadelphia.
The last sale reported was on the 9th
inst, 1900 sacks, spot at 5ssc, and this
is the basis to-day.
EASTERN AND FoREIGS MARKErs.-As
will be noted from above sales, the New
York market has further declined during
the past month. Raw sugar both in this
country and Europe has continued de-
pressed. A weak feeling caused by the
presence OF new crop beet, and the small
requirements of refiners has impaired 4
willingness to sell at lower prices. Re-
fined sugars have followed in the same
course and lower prices established.
Beets declined during the past month to
lis. I'D. but since the 18th ulto. q
better feeling has been developed
abroad, which has tended to strengthen
the views Of holders and create steadier
tone.
Our last mail advices from New York
OF the 3lst ulto. give very little OF in
terest. The dullness continues which
has characterized the maket for some
time past Refuers show little DISPOSE
ton to replenish their stocks by spot
purchase, direct importations being am
pie for present requirements.
Considerable supplies are also being
received from Louisiana and this will be
an important factor in the immediate
future OF the market.
European markets have remained
steady, with even some Improvement,
Notwithstanding that NJ. LIGHT fore
shadows an increase in his next estimate
OF 10000 tons. This fact has given
some little encouragement and it is pre-
dicted BY some that the present prices
are too low to last.
The total stock in all the principal
countries by latest cable dates to October
3lst, was 400, Up tons, against 39S, 764
tons the same time last year.
Receipts at four ports e. h. for the
week ending October 18th, were 1900
tons. Deliveries 1900 tons. Stock
15S. $50 tons, sgainst is, 900 last year.
Stock st Havans and Matanzss, Jan'y
l, 1889, was :, 291 tons: receipts since,
I9S, 245 tons; exports 1906 tons.
Stock, October 18th, 12,9 27 tons against
10, 97S tons last year.
Late adyices from Cuba report that the
weather continues favorable for the crops.
Our telegram from New York OF to-day
states that the situation shows no sign
of improvement. Value Of Cuba centri-
fugals 90 deg. test 81
Purchases are only for immediate con-
sumption. Granulated SIC. European
and Foreign markets steady. Crops
promise well. Beets IS deg. test 11-711z
Trust certificates declined on the 18th
uIto. to 671s, but since then have adj
vanced, sales yesterday having been
made st 74ll.
RICE-We quote prices for No. q
Age 60 days, or IL per cent cash,
other grades in proportion.
FLoUR-G. G. Ex. fam. 80 per Dbl.
fob; FL Dorado 3 so per Dbl. fob. ;
Crown Is per Dbl. fob.
BARLEY-No. l feed S71s q 9Oc. per
ctl. fob; grid. or rolled IS 40 per ton
fob.
BRAN-14 per ton fob.
OATs-Good feed S711s choice 4211s
per ctl. fob -
WHEAT 3711z per ctl. fob
HAY-Choiee II g Is per ton fob.
LlME-I XL l 50 per Dbl. Lob. Other
brands 50 q 10 per Dbl fob
CHAETERs-During the last two weeks
in October we had very heavy rains all
over the State which damaged consider
able wheat, and for the time being pre-
vented the loading OF the chartered feet
This with q weather tendency IN the
English market caused 4 decline in
freights, ships having been closed this
week, basis 30s. q. K, Havre or Ant
werp for wood, iron 81 g. same range.
Any better feeling in European markets
would undoubtedly bring IN wheat more
freely, and as We are not over supplied
with tonnage We ought TO see better
rates later on.
ExCHAsGT-London 60 days sight
SI1f; New York sight IOc- prem