The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1889-11-20
COMMERCIAL LETTER.
San Francisco, November z, 1889, Per
S. s. Australia.

san Francisco, november - 1883 Rer
S. s. Australia.
From Messrs. Williams, Diamond &
Co.'s latest circular, we quote:
Our last Circular was dated October
10th per Australia.
SUGAR-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 lists of the two retineries are as
follows:
American Refnery-Cube Sc, D. Gran.
724c, Elk. c. 614c, Col. G. 6.
California Refnery-Cube S18c, D.
Gran. 731c, Elk. G 614c, Col. G. &c.
These prices are merely nominal.
We would quote the market on the basis
of 634c for graduated.
CUBA BAsIs-On the date of last cir
cular the basis declined to 618c, and
continued at that figure until the 18th
ulto. when it was reduced to &c, and
again oath ulto. to 778c. On the Both,
sale of Cubas to arrive was made in New
York at equivalent to 534c, delivered in
Philadelphia.
The last sale reported was on the 9Th
inst, 800 sacks, spot at 528c, and this
is the basis to-day.
EASTERN AND FOREIGN MARKETs.-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-
| ,>raccoA xxyooI fon1inrY naI1cn1 hu tho
presence of new crop beet, and the small
requirements of refners has impaired
willingness to sell at lower prices. Re-
fined sugars have followed in the same
, course and lower prices established.
7 Beets declined during the past month to
lis I'D. but since the Goth ulto. a
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 31st ulto. give very little of in
r terest The dullness continues which
has characterized the maket for some
time past. Refners show little DISPOSE
ton to replenish their stocks by spot
purchase, direct importatiOns being am
pie for present requirements.
Considerable supplies are also being
D received from Louisiana and this will be
an important factor in the immediate
O future of the market.
European markets have remained
8 steady, with even some improvement,
n Notwithstanding that M. 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 4O6, Up tons, against 1913, 764
tons the same time last year.
8 Receipts at four ports q. K. for the
I week ending October Goth, We're 14,00C
tons. Deliveries $4,000 tons. Stock
b 153, 1920 tons, against 153, 900 last year.
g Stock at Havana and Matanzas, Jan'y
o l, 1889, was 1921 tons; receipts since
1882 tons; exports 190,609 tons
Stock, October 25th, 1927 tons agains
10,979 tons last year.
Q Late advices from Cuba report that the
J, weather continues favorable for the crops
/ Our telegram from New York of to-day
states that the situation shows no sign
O of improvement. Value of Cuba centri
> fugals 96 deg. test 558.
Purchases are only for immediate con
= = sumption. Granulated SIC. European
e and Foreign markets steady. Crop:
/ promise we'll. Beets SO deg. test 11-715
t Trust certificates declined on the 29tt
s ulto. to 671a, but since then have ad
vanced, sales yesterday having beer
= made at 7414.
o Reeve quote prices for No. l q
y 41ac. 60 days, or ~ per cent. cash
- other grades in proportion.
d FLOUR-G. G. Elk fam. 80 per Dbl
It fob; Ell Dorado 8 so per Dbl. fob.
g Crown As per Dbl. fob.
= BARLEY-No. 1 feed S71a a 90c. pei
d ctl. fob; grid. or rolled Is 40 per tor
Il fob.
4 BRAN-14 per ton fob.
! OATs-Good feed 81 p choice 4211z
per ctl. fob.
b WHEAT 371a per ctl. fob.
q HAY-Choice II "a Is per ton fob.
l. LIME X L so per Dbl. fob. Other
l. brands 50 @ 40 per Dbl. fob.
2. CHARTERs-During the last two weeks
q over the State which damaged consider
: able wheat, and for the time being pre-
' vented the loading of the chartered fleet
. This with a weather tendency in the
o English market caused decline in
It freights. ships having been closed this
i week, basis 3Os. U. K, Havre or Ant
g werp for wood, iron 80 IS. same range
a Any better feeling in European markets
8 would undoubtedly bring in wheat more
- freely, and as we are not over supplied
Q with tonnage we ought to see better
rates later ON.
4 ExCHANGT-London 60 days sight
8 481I; New York sight 10c prem.
q