The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1891-04-14
FOREIGN MARKETS.
Williams, Dimond & Co.'s Cir
cuIar, per S. S. Australia.
SAN FRANcIsco. March %, 1s9l.

4
requirements both here and in the int
rior, still the prices OF both re6nerie:
have been marked up &c. pei
pound since March 18th. Various re
ports have been circulated of late to the
effect that a virtual understanding has
been arrived at between the Spreckels
and Trust interests, but the same is
not yet confirmed by either OF the
parties.
CUBA BAsIs-The following changes
have taken place IN the Cuba basis since
the Dist ult., according to sales made in
New York on the respective dates. Feb.
oath, 71c.; 9th, $780,; March Sd,
sic; 9TH, 5 75c.; 9th, 5.73c.; 18th,
Tic. Since the 18th there has been nc
change, but sales were made on the Goth
at Tic.
EASTERN AND FOREIGN MARKErs-We
can add little of interest to the regular
newspaper reports forwarded during the
month. All the Eastern r. fneries have
been working for the past few weeks
upon the Sin bond basis with the ex-
ception OF Havemeyers & Elder Refinery,
which has been delayed on account of
the receipts OF Sandwich Island and
Louisiana sugars, but these stocks were
no doubt worked up week ago.
On the basis OF 419c. for granulated in
bond (at which price sales for April de-
livery have continued to be made) plus
drawback duty of say &C.,, price would
equal z l0c. duty paid 10c. duty paid
less duty in April at average of &c. per
pound is 510c. for free granulated in
April, against 4119c. now.
Under date of March 18th, the spot
refined market was much demoralized,
owing to the fact that wholesale grorers
thought they had more sugars on hand
than conld be disposed of before April
LIST, and hence they have been trying in
all ways to resell TO each other, thus
cutting prices g to &c. per pound below
refined quotation. Buyers OF April
sugar are well filed up, but the
demand in that month is likely
to be enormous in consequence
of the very great vacuum to be
filled In regard TO the raw sugar
market, prices have been fairly well
kept up as will be Seen by the above
quotations of Cuba cenirliugals. The
transactions however have been OF small
proportion and OF course will be for any
parcels to arrive before April Ist.
Our latest mail advIces of the 18th
inst. show an easier tone and holders
more anxious to do business, although
supplies were not being forced upon the
market.
Receipts in New York for the week
ending March 18th were 25,774 tons.
Meetings. sc, 475 TONS. Stock in all hands
70 963 tons, decrease of 10,701 tons for
the week. Stocks at Jour ports u. X.
March 9th, 1l3, l29 tons. Total stock in
all the principal countries by latest un-
even dates to March 18th, ,565, 472 tons
against /, 494, 1S5 tons same time last
year.
The tendency OF all the raw sugar
markets of the world is towards higher
prices.
Latest cables from Cuba report
strong market, with no sellers under
SIC. q. and f.
There have been no purchases of beet
root sugars in this country for some
time.
Offers have been made to sell at las.
I'D c. and F. but no interest shown
by buyers.
London quotations on the 10th we're
lbs. 101ad. l1th As. I'd, 18th las. I'D,
18th 13s. lu1ad., l4th lbs. 3D., 18th l3s.
I'D, 18th lbs. l01@d., Goth lbs. Sd,
and 23d lbs. 1015d.
Our latest telegram from New York OF
to-day quotes value of Cuba centrifugals
SO test ll-l6. Market firm and advan-
cling. Prospects good for higher prices.
Refined production is the largest ever
known.
No change in the estimates OF present |
cane or beet crops. European and for
eign markets strong and advancing.
Trust certificates 751z.
RICE-Demand has been light, but |
Island at &c, 60 days for fair and &c.
net for choice.
Japan, under heavy receipts and fur
her supplies near at hand, price has
materially Sales have been
made on the spot at &c. 60 days and to
arrive at 45ssc. net.
FLoUR-An advance OF 15c. per Dbl.
vas made to day. We quote G. q. Elk.
Sam. 81 60 per Dbl. TO b. q. G. Ell Do
ado 81 per bbl. cob; Crown 81 60 per
DBL TO b.
BARLEY.-No.1 Feed $1.371S "a 81. 4212
,er ctl. TO. b.; Ground or Rolled $3l per
on o b.
BRAN -$l5 per ton fob.
MIDDINGs.-$l7 so per ton, +. o. b.
OATS = Good feed, $1SO@$l.S5 per
IT,, f. o. b.
WHEAT. $1.45@$1 so per ctl., f. o. b.
HAY Wheat comp. sl9@$2O per ton,
o. b.; oat comp, $l5@$l6 per ton,
o. b. large bales. same price.
LIME. Y L. 81 45 per Dbl, f. o. b. j;
Their brands, 81 % per bbl., f. o. b.
CHARTERS With improved cargo
uotatons an advance has been paid
ut with little free tonnage in port,
have been limited. For the
My free iron in port Ais. Sd. orders is
sked, with 40s. Cd. offered. Last
OGDEN BIS. 3d., orders. Considerable !
as been done in iron for new crop load
~, ranging from 3Ss 3D. to Ais. 3d., or
ers as 10 size and position. Crop pros
erts continue good.
EXCHANGE London, sight, 81 .s9@
80; London, 70 days, 81 S61s. New
'Ork, regular, 15c telegraphic, 25c.
&~SA " 4,