The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1890-03-18
WILLIAMS, DIMoND & co.'s CIRCULAR
SAN FRANcIsco, Feb. 81, 1890.

Our last circular was dated January
S0th, per Australia.
SuGAR.-The principal item OF inn
portanee in the local market has been
the appointment of a receiver over the
American Refinery by Judge Wallace on
the 18th inst, which has resulted in this
refinery being closed and the sale OF re-
fined sugars stopped. A writ however
has been issued by the Supreme Court,
returnable on March Srd, restraining
Judge Wallace and Patrick Reddy, the
receiver, from interfering in any man
ner with the works OF the refinery, and
ordering them to show cause why this
order should not be made permanent.
Until the decision, March Srd, the re-
finery will continue closed. In conse-
quence of above, the market for refined
has been very unsettled.
On the 9th inst. prices Of refined were
reduced 1sc. per 10. on all grades, and
on the l4th inst. another reduction OF
1sc. was made.
Since the decision against the Amerl-
can Refinery prices have been advanced,
and we quote for principal grades to-day
as follows: Cube &c, gran. 63s c., eN. y.
81 c. and gol. c. 5l4 C.
Cuba Basis According to sales OF
Cuba Centrifugals in New York, the
basis declined 3rd inst. to 9-l6c. for
90 deg. test, 18th inst. advanced to
!. 65 and 10th declined to 55sc. Since
the 18th there have been no sales re-
ported that would affect the basis.
EASTERN AND FOREIGN MARKETS.
The New York market has continued
in much the same condition as last ad-
yised. There has been good demand
for refined, but the competition between
the trust and independent refineries has
| reduced the price, which is now lower
than at any time last year, while the
margin between raw and refined is only
| 81 c., against IL to IA C. last year. In
raws the same indifference prevails
which has characterized the market for
| some time past.
BUYERS show little disposition to stock
| literally for future requirements. The
| tendency of such policy is to discour-
| age consignments, and consequently the
spot supply in first hands remains small.
| Direct importations keep retiners we'll
supplied.
! Adyices from London and other Euro
pean markets have ruled firm during the
| month. and this has had tendency to
| strengthen the views of sellers in New
| York, so that the price OF raw, notwlth-
standing the general inactivity OF the
market. has shown very little change.
The advance in the European markets
is due to increased consumption and
small offerings OF cane sugar.
The surplus of sugar in the world lis con-
| fined to the beet countries entirely. The
| United States has virtually no stock, and
about ], 200, 900 tons to purchase during
the year, which will be supplied as much
as possible from the cane producing
countries and the balance from European
beets.
The fluctuations in beets in the London
market since our advices OF the Sth inst.
per Mariposa, are as follows: Feb. 10th
! iIsIOLd. 18th lbs I'D, 18th lbs AID,
I4th Us Sd, 18th lbs sd, 10Th, Us, 10th
rs I'D, DIST Us Sd, oath lbs AID.
Since the oath quotations have remained
unchanged.
Total stocks in all the principal coun-
tries by latest uneven dates to February
18th was /, 345 $50 tons against ,O42 800
tons same time last year.
Stoc at four ports U. K. February Sth
was 1872 1899 tons against los, 1885 tons last
year.
Our latest telegram from New York Of
to-day reports no sales of centrifugals
Granulated and beets unchanged.
Trust certificates 6l3s.
| Owing to DELAYS in the overland mails
we are without the latest mail advices
from \. Y. at this writing.
RICE-The market has continued tc
improve, and owing to smaller consign-
ments by the steamer Australia than an
ticipated, holders have been able to ad'
vance the price still farther. We quote
for best quality Hawaiian to-day five
cents sixty days, and sales have beer
made at this figure.
FLoUR-G. q. Elk. Fam. 40 per Dbl
fob. Ell Dorado 3.25 per Dbl. TO. b
Crown AIS per bbl. fob.
BARLEY-No. feed SOC. per ctl. fob
Granulated or rolled IL 80 per ton fob
BRAN-Coarse 1850. Fine 1900 Pc
ton TO b.
MIDDLINGs- so per ton OBJ.
OATs-Good feed 135 a 1878
Choice 421a per ctl fob.
WHEAT-Good chicken l.30. Milling
lbs per ctl. fob.
HAY-Good L. a 12.50 Choice 1881
per ton fob.
LNE-I. Y. L. 1.5O. Other brands
l 40 per Dbl. fob.
CHARTERs-There was a little bette
feeling the first part OF the month, anC
iron ships were closed at 3Ss. Cd. U. K.
Havre or Antwerp, but the English
market having weakened, last rates ar
37s. Sd. for iron and 34s. for wood, sam
range. Disengaged list keeps down will
only II 900 registered tons free, in port
and with pleasant weather for week o
two, we should rapidly decrease gu
loading feet. For lumber bushes
Puget Sound loading We quote to- Mel
bourne SIS. 3D., Sydney Sos, Adelaid
67s. 3D., west coast South America, Val
paraiso for Cos. a 62s. 81.
ExCHASGE-On New York regular 25c
Telegraphic 81 q 40c. London sixt
days sight 4.S3 q 1885. Sight 1861 {
4S7