The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1890-04-08
WILLIAMS, DIMOND e. CO.'S CIRCULAR.
(Extracts.)

TARIFF.
The proposed reduction in the duty on
foreign sugars as recommended by the
Ways and Means committee of the House
of Representatives, particulars of which
were reported per Belgic, has caused
general alarm throughout the state. The
reduction as proposed will average more
than so per cent. on the present tariff
schedule. Strong protests are being sent
TO Washington against any such reduc-
ton and it is hoped they Will have the
desired effect.
EASTERN AND FOREIGN MARKETS.
The New York market for raws ruled
quite strong up to the 18th inst, when a
reaction took place and since then there
has been decidedly easier feeling and
prices of raws have declined.
During the early part of the month the
offerings of cane sugar on the spot as
we'll as in the principal West India ISL
ands, were very limited, preventing the
buying of any quantity except at an adj
vance in price, consequently buyers
turned their attention more to beet and
large purchases were reported to have
been made for prompt shipment on the
basis of lbs Cd at l3s I'D G.. & F. for
frsts and los Cd at los 71ad for after pro-
ducts.
According to our latest mail advices
from New York of the 10Th inst, the re-
fusal of Refiners to buy the cane product
at advancing prices checked the specula-
J ton in Cuba and modified the views of
holders, so that prices were reduced
sufficiently to again turn the attention of
buyers to the cane products. Little
anxiety is,shown, however, on the part
of buyers to increase their supplies be-
yond actual requirements, owing to the
very dull state of refined and consequent
ly the market has ruled dull and weak.
There is no important change in the
position of supplies, but foreign markets
tone that was exhibited earlier and more
Beets have declined, quotations were
the 9th inst, then no change until the
18th when they dropped to rs. 3D., 22d
to 12s. lid. and 25th to 12s. I'd.
Total stocks of sugar in all the princi
pal countries by latest uneven dates tc
,O75 900 tons same time last year. Oul
latest telegram from New York of to-day
is as follows:
"London beets SO test rs. Id, Euro
pean and foreign markets steady Cubs
centrifugals SO test SIC unsettled, cos
and freight sales of fair refining equiva
lent in long price to 4a4c., Cuban specu
lation abandoned. Present prices O
raws likely to be maintained within one
quarter of cent. Estimates of presen
cane crop unchanged Estimate of las
beet crop 100000 tons. Granulatet
&c. Trust certificates 637s.
RICE-Prices have continued to ad
vance. We quote Tor No l Hawaiian
SIC sixty days or 7. per cent for cash
1t is not likely to go much higher a
anything beyond this figure will PERM
of Carolina being imported at profit.
FLoUR-G. G. Elk Fam. 81 20 per Dbl
fob; Ell Dorado 1926 per Dbl. fob
Crown 81 Is per bbl. f O. b.
/ BARLEY-No. feed S5c. per ctl. fob
!. Ground or rolled $lS per ton fob.
BRAN-$13 per ton fob.
MIDDL1NGs- per ton TO. b.
OATs-$1. 80 @ $1.35 per ctl. OBJ.
WHEAT-Good chicken $1,000 1892
per ctl. fob.
HAY-sl3 q $I4 per ton fob.
LIME-I. x. L. $3.50 per Dbl. TO b.
) other brands 81 40 per Dbl. fob.
r CHARTERS very dull, las
: charter large iron @ Sos. Cd. u. X
Havre and Antwerp, nothing done il
wood the past ten days nominally 32s
Cd. a 33s. same range. There is
f steady demand for tonnage to load lum
q Der at Burrard Inlet or Puget Sound fo
Melbourne @ 67s. Cd, Sydney SIS. Sd
Shanghai Us. Cd, west coast Sout
America. Valparaiso Co.'S I'd. @ 62s. &c
San Francisco, March 9th.