The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1891-08-20
OUR SAN FRANCISCO LETTER.
Per $. s. Australia, San Ffapcisoo,
August II, 1891.
(From our special correspondent.l
(From our special correspondent
Sugar.
Continued }

pdr0U III Tue 1ul6FQdl heF0uuo DuISdu
in regard to domestic sugar production,
based on the latest returns. Producers
estimates are: Sugar, cane, ass, 257 200
pounds; beet, 29,210,000 poun DIS; sor'
ghum, 100000; maple, 8,0O0,0O0;
total, 567 ,977 200. This estimate is con-
siderably in excess of that of the Treas
ury, which is: Beet, $4,000 600; sor-
ghum, 2,OOO.O 900; maple, 5000, 900; total,
5OO,0O0,000. Estimating that beet and
sorghum sugar will polarize 80 degrees
or over, and be entitled to bounty of.2
cents per pound, and that three-fourths
of cane sugar will polarize 80 degrees
and over, and one-fourth between so and
90 degrees, and that all maple will be
between 80 and 80 degrees, and the
amount of bounty to be paid will be as
follows: On cane sugar, SO ,549 1875; on
beet sugar, $500, 1000; on sorghum sugar,
$40 900; on maple sugar, $l4O, 900; total,
SIC, 229 ,375.
The Bureau of American Republics
has issued carefully prepared statistics
of the sugar industry OF Cuba for the
last ten wears, showing the total produc-
ton of the sugar and molasses in tons to
he as follows: 1886, 918 1877; 1887, $780,
593; 1888, S14 $40; 1889, 66l $50; 1890,
| 763 ,558. The exports from all the ports
OF CUBA of sugar and molasses during
the same period has been over 80 per
cent to the united States. The balance
went in very small proportions to Eng
land, France and other European coun-
tries. The bureau has information that
there has just been registered in Glas-
cow a new commercial undertaking
| called "Tne Sugar Trading and Finance
Company" with capital of $3.50 900 in
$50 shares, the object of which Is TO
buy and sell sugar and other produce
ami TO establish agencies in the West
Indies for that purpose.
Reciprocity With the West In
dies.
The new Spanish Reciprocity Treaty
| and the new treaty with the Republic OF
San Domingo have been published.
Sugar comes in free, as we'll as molasses,
coffee and hides, In return, the princi-
pal breadstuffs are admitted free into
Cuba, Porto Rico and San Domingo, and
a 50 per cent reduction is made on most
articles Of export TO those countries.
Nicaragua Canal.
The Board of Directors of the Near
aqua Canal Company have appointed j.
J. Rathbone OF San Francisco, formerly
consul general to Paris, director. in
place of Henry A. Parr, resigned. Will
liam L. Merry retains his place as gen.
eral agent in San Francisco.
Messrs. Louis Sloss & Co. have been
made financial agents OF the company in
San Francisco, and continue to take sub
scrlptions to the stock.
British Capital In America.
The San Francisco Breweries (Lim-
ited), the company which runs the local
beer trust, is i'm trouble. 1t will be re-
membered that the principal breweries
in San Francisco were bought by English
capitalists about year ago. Preferred
stock was sold at 9l3 and ordinary at
e10, and now they bring 96 and "a IS.
respectively. No dividends have been
paid and Ernest A. Denicke, formerly
manager of the Fredericksburg brewery
at San Jose and now general manager of
the company, has been called to Eng
land to explain why. Local brewers
look for the company to wind up it's
| affairs before long.
English capitalists have offered to buy
the Rand, McNaly company and the J.
M. w. Jones company, both of Chicago,
for $4,000 The companies are
among the foremost book publishers of
America.
The supreme court of Mexico has de-
cided to hear Sonora Ruiz Buttons case
in her suit to GUST the International Com
pany of Mexico from 100000 acres in
Lower California. Mrs. Burton's claim
dates back to 1904 and covers the land
on which the city of Ensenada is built
The International COMPANY is an Eng
lish corporation and will suffer severely
The Grant marble quarry near Tuo-
lumne county, which has been idle for
IA years, has been purchased by an Eng
lish company and will at once be opened
uD,