The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1890-03-10
OUR SAN FRANCISCO LETTER
San Francisco, February rs, 1890. Per
5. 5. Australia.
(From Our Special Correspondent
Sugar Matters.

(From Our Special COrrespondent.)
Sugar Matters.
New York quotations of Cuban
centrifugal February 2Sth are So
degrees, 5.62a; granulated 16.
The local market is for the present
in the complete control of the Cali
fornia Sugar Refinery the Amer
lean refinery having been closed on
the 24th. Prices have been ad-
vanced one-quarter cent on granu-
lated and trife more on yellow
grades. A great outcry is made
against Spreckels particularly by
the Chronicle which has fought
them for years, on account of their
refusal to sell sugar to several lead
ing grocers who hitherto have
bought their supplies of the Amer
lean company. There IS some talk
Of bringing sugar overland from the
East IN consequence.
The sugar story in a nutshell is a
brief one: Judge Wallace on Feb
ruary 18th appointed Patrick Reddy
as receiver of the American Sugar
Refinery. Havermeyers & Elder
closed down on the Oath first enjoin-
ing Reddy from taking any hand in
the matter. The Supreme Court is
to hear this matter on Monday
March Sd. Havemeyer & Elder
claim that they cannot work
| as long as the refinery is
nominally in the receivers hands.
Reddy will not take the RESPONSE
bility of running the refinery and so
it is closed. The firm however will
continue to take the sugar con-
tracted for in the islands, if all
| accounts are correct
Spreckels has the market we'll in
hand. GRADUATED has advanced
only / cent since the American re-
finery closed, in spite of all the out
| cry. Spreckels however will not sell
to firms like Tillman & Bendell who
have fought the California refinery
for years thus adopting the same
tactics which the Trust employed in
the East, to freeze out the outside
concerns. The old American com
pany patrons are thinking of buying
back East. By the closing down
about 500 men were thrown out OF
work
The Chronicle is making a hot
ntiSpreckels fight as might natur-
ally be expected. There is talk that
Spreckels may buy the American in
case it is condemned and sold.
A dispatch from Washington
dated the Dist says: The majority OF
the Ways and Means Committee are
constructing the Tariff bill with a
view of making a reduction OF
$2O,0OO,000 in the revenue. The
sugar question is not yet settled, the
desire being to take off all the duty
and in Difference to the demands OF
the sugar men, that they shall con
tinue to be protected, it is likely that
thirty per cent reduction is all thai
will be made. Claus Spreckels was
before the committee yesterday and
made an argument in favor of the
cultivation of sugar and the main
tenance of the tariff on the product
Advices from New York, under
date of the Dist, says: It is stated
that plans are being formulated tc
re-organize the Sugar Trust under
the laws of this State and retire
$5O,O0O,OOO of certificates. It is as
serted the trust has $11,0O0,0O0 casl
and raw sugar and property valued
at 81 100000. The estimated earn
ings are $1O,OOO,OOO.
Hawaii Invited.
King Kalakaua has been formal,
invited to send delegate to the Pan
American Congress, in accordanc,
with the recommendation of Presi
dent Harrison in his message This
is an acknowledgment that Hawai-
is one of the American system of ma
ton.
Sewall RenOminated.
President Harrison has nominated
Harold NJ. Sewall to be Consul
General at Apia. Harold Nj. Sewal
is a Democrat and was first ap
pointed to the Apia consul general
ship by President Cleveland to sue
coed Berthold Greenebaum Of thi
city, whose display of backbone OF
dealing with the Germans did no
please Secretary Bayard Sewal
soon showed that he had even NOR,
grit than Greenebaum, and while tn,
Samoan trouble was at its height ht
was recalled by Bayard. It wa.
generally understood after the Der
lin conference that Sewall would b,
sent back to Apia after the Senate
had taken action on the treaty. Hi:
warmest supporter and admirer was
Secretary Blaine, who recognized
the value of his services to the
country and promised him that ht
should have the place if his in
tluence could procure it. 1t is gen
orally understood that the Republi
cans in Difference to Blaine's wishes
and Sewall's services, will waive
party considerations and confirm
him. Mr.. Sewall is still a youns
man and is connected with the ship
building Sewall family of Maine.
Collision at Sea.
About 3 o'clock on the morning Of
February 18th, the brig John D
Spreckels from Kahului and the
barkentine Marion from Puntas
Amnas, Mexico, collided off the