The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1889-05-15
OUR SAN FRANCISCO LETTER
Per Il. VI. :. >. Alameda, San Fran
cisco, May >, 1889.
(From our special correspondentD

(From our special correspOndent.)
The Sugar Market.
The London market for beet
sugars was as high as 23s. for April
delivery at the end of that month,
but is now quoted at 22s. Cd. for
both May and June delivery, which
indicates a firm market with con-
tinuance Of existing rates. In New
York the transactions are as limited
as possible, buyers only purchasing
for immediate requirements. That
holders are confident will be seen by
the following telegram from Cuba:
Matanzas, May 2d.-In grinding
spring canes sugar planters find
that the deficit Of their yields is
greater than was first anticipated.
Next years grinding will not com
mence until the middle of January,
and on account Of the great drought
now prevailing, which prevents new
sowing, the prospects for the crop of
1889 are very poor In Clenfuegos
and other principal ports stocks are
strongly held by merchants who
have decided to wait until Septem-
Der before selling, in the hope of a
further advance in price.
The freight rates on sugar from
Maurltlus to England have just been
advanced los. per ton.
Tho Iapoop1 eOy. sy7ror Fo- oo,,
sumption in New York has been
1894 tons in advance of what it
was at the same time last year.
A number of new sugar factories
will be erected in Kansas this year.
One at Medicine Lodge is being
built; the Cowley Springs factory is
to be rebuilt, and the Kansas State
Sugar Co. IS erecting works at At
tica.
Sporting Notes.
1t is stated that the negotiations
for the international yacht race for
the Americas cup have fallen
through. The challenge which was
sent recently by Lord Dunraven to
the New York Yacht Club was form
ally accepted by letter to his Lord
ship, but the conditions which that
club imposed as governing the race,
it is stated, were so different from
those in force when the race between
the Volunteer and the Thistle oc-
Cured, and so unsatisfactory, that
Lord Dunraven felt compelled to de-
cline to accept them.
Lord Dunraven's yacht Valkyrie
has been launched, and expert
yachtsmen are delighted with the
yachts lines. Her frames are of
steel, the topsides, deck and fittings
of teak, and bottom plankings of
hard wood. Her length is So feet,
beam 1919, depth 11.6, tonnage 56.76,
length on the load water-line Just
under 20 feet.
Tom Avery, a well known San
Francisco prize fighter, fell dead in
the ring at the Cremorne theatre on
Market street, while engaged in a
six-round set to with Ed CUTIE, a
recent arrival from the East.
Peter Jackson, the champion of
Australia and the Pacific slope,
fought to a standstill in ten rounds
Patsy Cardiff Of Minneapolis at the
California Athletic Club. The con
test, for $4,000 and the fame, was
bark and quick, but the Eastern man
lacked science, speed, hitting and
staying powers, and quickly showed
his deficiencies before Jackson. The
exhibition hall was crowded, and the
fight was a good one.
jackson showed few signs Of
fatigue; his opponent was we'll
marked, but he had been hit so often
he did not know where he was hurt
most. Jackson goes to England.