The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1891-06-06
OUR SAN FRANCISCO LETTER.
Per X. NJ. 9. g. Alameda, San Francisco,
May 90, 1891.
lErnrn aur snacial cnrreannndentl
(From our special correspondent
(Concluded).
Sugar.

(Concluded).
Sugar.
1t is announced that Mr.. E. L. G. |
Steele haa about concluded arrange
nents for starting a new, though small,
Mr.. Steele was recently East |
On this mission. He says: "The cause |
Of the importation of sugars from Hong |
kong and Germany is merely because |
the local refneries did not reduce their |
prices in comparison with the difference |
in the old and new duties. We imported
some from Hongkong and have little
left yet. AS soon as the Hongkong sugar
was put on the market the local re6n-
cries came down from their high price
of 6 cents pound to 51a cents and even
to cents in contracts to some Gamers,
candy manufacturers and wholesale deal
ers. German beet sugar cannot be
bought for less than cents. 1t is quoted
in London at Is shillings, and this is the
lowest priced of all sugars. This would
be equal to 3.21 cents pound.l Buy at
trtS pIiCC dJd OIthS LhO ou6di W eAiAo
port, paving freight, insurance and
allowing for waste aud shrinkage, and
the price of the sugar would be a little
less than % cents pound. But do not
consider beet sugar equal to the cane
sugar refined here. There is money IN
sugar. would like nothing better than
a small refinery. Sugar can be made In
this State so as to sell for " cents and
re- nv
a large profit can be made. L refer to
refined sugar made from Sandwich ISL
and or Manila cane, not beet sugar. The
price in New York of refined sugar is
Az cents. 1t cannot be made that
cheap here on account OF labor being
higher"
A dispatch from Ottawa says: 4" 1t is
understood that the government has de-
cided to grant rebate on all sugars
manufactured in Canada for export,
which will place the Canadian refiner in
the same position as an American re-
finer to trade in foreign markets. The
Canadian refners are now pressing for
rebate on sugar manufactured Tor DOM
este purposes.
The War in Chile.
The rebellion in Chile still goes merri-
ly on and there is little prospect Of its
coming to close at an early date. Sec
rotary Of the Navy Tracy, in speaking of
the situation few days ago, said: For
some time past the Governments of
France and Brazil have been co-operat-
ing with the Government of the United
States to secure restoration of peace in
Chile. Therefore, if it should be made
apparent to the United States Govern
ment through the suggestions of the
French Government, or otherwise, that
the subject tor which the three great re-
publics are now striving, the restoration
of peace in Chile, can be brought within
reach by relaxing the pursuit of the Itata,
it may be this course would be adopted,
especially as it can now be asserted that
the United States has used due dill
gence in its effort to preserve an honor
able neutrality"
Reports from Lima, Peru, under date
of May 25, bring late news OF the recent
battle in the harbor of Valparaiso be-
tween the forts the two torpedo boats of
the Ralmaceda party and the insurgent
cruiser Blanca Encalada. The engage
ment grew out of an attempt of the iron
clad to blow up tug containing Govern
ment dispatches, and the battle took
place at night. The torpedo intended
big dry dock, blowing it to atoms. This
resulted in a broadside from the forts,
and the Encalada steamed out to the
mouth OF the harbor, out of range She
was accompanied by the insurgent sloop-
of-war O'Higgins. One of Government
torpedo boats started in pursuit of the
rebel war vessel, but were driven back
by the latter, which kept in hot pursuit
and succeeded in sinking the tug, and
later destroyed the torpedo boat. all
hands on board being lost. The rebels
then opened fire on the Notifications. At
last shell from the forts struck the
O'Higgins, going clear through her.
This was followed few minutes later
by terrible explosion on deck. 1t was
caused by heavy shell striking one of
the guns on the quarter deck When the
smoke had cleared away it was seen that
the deck was literally torn out of the YES
sci, the guns were lying on the other side
of the deck and nine men out of the guns
crew of twelve were blown to atoms.
The sloop was at once taken out Of
range OF the guns of the fort. The Blanco
kept firing for some time, but did no
anu SIG tOO IStiICd tTOku ttlc
fight 1t was in her next fight, in the
bay of Caldera on April 23d, that the
Blanco was sunk.
aral on April Oath received the following
dispatch from Cornelio Saavedra at Cal
dera: The catastrophe has been COM
plete. We We're surprised by the torpedo
boats at O'Clock in the morning land we
nn,,l1 ont Nf thar fh1
ironclad was fastened to buoy Severa!
torpedoes were fired at the Blanco, but
only the last succeeded in hitting her.
In the engagement we lost the secre-
tary of the feet, Senior Vergara, Lieuten-
ant Aguilar, Captain Guzman, all the
engineers and most of the crew. Alto
gether not quite 100 persons were saved.
The shipwrecked men are enjoying good
health"
Latest advices say that commerce is
paralyzed in Valparaiso, Santiago and
other principal centers, and even the
personal liberty ri foreigners is endan-
gered, for the Government has ordered
that all strangers residing in Chile must
become members Of the National Guard.
Nicaragua Canal.
Major Charles Watrous of New York,
one of the party of capitalists who &C
companied Warner Miller's party re-
Gently to the Nicaragua canal route, has
arrived in San Francisco, coming on the
steamer San Bias.
Major Watrous, who is an old Cali
fornian, says that much has been writ
ten of the canal which is cross purposes
with facts The Miller party, which con-
sisted of seventeen well known persons,
will do much to clear up the many con-
Trajectory reports which have been
afoat. About 100 men in all are en-
ployed, mostly Jamaica negroes. The
work had been honestly prosecuted thus
far, and the Slavin dredgers We're doing