The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1891-05-05
Williams. Dimond e. Co.'s Cir
cuIaF.
SAN FRANcrsco, April 20, 1891

unchanged in the local market until
April LIST when both refineries reduced
cube crushed and powdered Sac, dry
graduated sc. and advanced Elk. G..
and Golden q. Sac. per pound making
the following prices for principal grades |:
Cube $50, ID. graduated &c. Elk. C..
sc. and Golden g. 4s4c. Since then
there has been no change and all prices
are guaranteed for thirty days.
Concerning the combination Of the two
refining interests on this coast, the reg
ular mail advices since the above date
have given full particulars. We can add
very little more on the subject at this
writing.
The incorporation of the new company
has not yet been published, but il il ex-
pected that it will be early next month.
The American refinery remains closed
and the California is running full capa-
city night and day. All the receipts Of
island sugars are being delivered there.
1t is probable that the American will
not be started up again as the capacity
of the California is sufficient for all re-
quirements.
Prices of refined in this market will no
doubt be kept up until the bulk of the
high priced sugars delivered the refin-
cries the past two months has been
worked off. AS soon as this liz accom-
plished, quotations will be reduced to
more of parity with New York prices.
CUBA BAsIs-The following are the
quotations since our last circular: March
10Th 5.S3, 2Sth $50, 30th $50, April LIST
$685., I'd $685., Sd $50, 9th $50, l4th
$685., 18th $50 and 10th $50.
EASTERN AND FOREIGN MARKETS
Our mail advices from New York of the
9Th inst. state that the demand for re-
fined has been enormous and conse-
quently the buying element has been
manitesting more interest in raw aud
holders continue to entertain strong
views. Mail advices Of the 18th state
that the spot market for raws is gradu-
ally hardening and sales for future de-
livery have been made at higher prices,
viz May delivery centrifugals at $3.50,
June $40 and July 1913, for SO test.
The refined movement continues very
heavy, but prices keep stationery. The
sales offree sugar since the opening of the
month to above date amounted to two
millions barrels, and the most of the
same was for immediate delivery.
Higher prices for refined are expected
for June, and the course of the raw sugar
market seems to bear out this idea.
Our latest mail advices Of the 18th
report future deliveries weaker. No ex-
PLANTATION is offered, however, for the
lowering of views. Spot stock is gener-
ally held firm. The demand for refined
continues heavy and it has been neces-
sary to withdraw several grades from the
market on account OF refiners being over
sold. Buyers entertain the opinion that
Nfh he loot tt,osv
orders to June and having them filed at
current rates.
BEET RooT SUGAR After several
movement has taken place, and from
10000 to IL, 900 tons purchased for the
New York market at las. Ard. to las.
Cd. LIGHTS report OF March 2lst gives
estimates of European beet crop for
1890 81 at $3.50, 900 tons, against $685.
67S tons in lS89-90.
CUBA CRoP-Latest reports from Cuba
state that the crop now growing will
reach 800, 900 tons, which is considerably
more than ever before, and Cuba sugar
plantations are now considered profit
able investment. ftf
Stock at four ports, U. X, April 9th
was 1913 ,629 tons, agains 142 500 tons
same time last year.
Total stocks in all the principal coun-
tries by latest advices to April 9th $780,
343 tons, against / ,4S1 ,538 tons same
time last year.
Latest Geographic advices from New
York of to-day quote value Cuban Gem
trif's 90 test SIC. London beets 88 test
lbs. Cd. European and foreign markets
steady. Other conditions unchanged.
II
921ac.
FIoUR-G. G. Elk. Fam. $3.50 per
bbl., f. o. b. u. q. Eldorado, $485
per Dbl. f. O. b. Crown, $5.45 per bbl,.
I. o. b.
BARLEY-No. Feed, $1.47H q $1.50
per ctl., +. o. b. Ground or rolled, $3.50
per ton, +. o. b.
BRAN-s15 per ton, t. o. b.
MIDDLNGs-$17. so per ton, {. o. b.
OATs-$I 1924 @ $1.95 per ctl., t. o. b.
consuming markets, the article has
Quote No. / at .1.so to Aa sis2k;
milling 81 IS to 81 .S7h No lower grades
available. The stock of old remaining
in the State is hardly considered more
than sufficient for our usual consump-
GiOii, anu eouuoSO requirements aiACouy
provided for.
Heavy transactions have taken place
on our Cali Board; buyer, 1891, option
closing to-day at $l.88, as against 81 SO
one week since. The above accounts for
the rapid advance in price of -four.
HAY Comp. wheat, $40 per ton,
fob; ditto oat, $40 per ton, fob. large
bales, same price.
I.X.L., 81 As per bbl., f. o. b.
ditto, other brands, $l.25 per bbl., t. o. b.
CHARTERS Consuming markets have
advanced within the past few days to
ASS, owing to reported failure of the
French crop, and a large business has
been done in tonnage to arrive; last
transaction, AIS. Cd. orders for an iron
ship, October cancellation. Last spot
charter, wooden ship, 37s. cd. Liverpool,
and the only free ship in port is held at
an advance. Crop prospects continue
all that can be desired.