The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1891-08-25


iural. 10 deg, 5.44 cents; Granulated,
Is cents.
The local market is very quiet. The
Western Sugar Refining Company is still
workinEon the stocks Of Hawaiian which
accumulated preceding April LIST, and to
a less degree afterward. The great stock
Of Javan and Manila sugar which
>preckels imported early in the year has
hardly been touched, but viii be pretty
nearly worked up by the time the new
Hawaiian comes IN. There are still some
imro-tations OF foreign refined beet sugar
by such houses as Fentana K Co. and
ID. Ghesrdelh x Co. but no variations
have occurred in local quotations
y revised statement has been pre-
pared in the Internal Revenue Bureau
m regard to domestic sugar production,
based on the latest returns. Producers
estimates are: Sugar, cane, 45S, 81. 200
rounds; beet, 29,2l0,e0O pounds; sor-
shum, 2,5lO,0OO; maple. 100000;
total. 10. az 200. This estimate is con-
siderahlv in excess Of that Of the Treas
urv. which is: Beet, 5000 600; sor-
chun, e.o00 .0C0; maple, 5000, GOO; total,
10000 200. Estimating that beet and
sorghum sugar viii polarize 10 degrees
or over. and be entitled to q bounty OF
cents per pound, and that three-fourths
Of cane sugar viii polari5e % degrees
and over, and one-iourth between 50 and
90 de-rees, aud that all maple VIII be
between 50 and 80 degrees, and the
amount of bounty to be paid will De as
follows: On cane sugar, S9,549,S SO; on
beet suss s5O0,O0 on sorghum sugar,
$4,000, ga maple sugar, SAC, 600; total,
SIG, 22q go.
There was quite 4 furry in the Eastern
markets early IN the month, caused by
Spreckcls unloading an accumulated
stock OF about 1900 tons OF refined.
Spreckels started the cut with LILO
cent reduction the Trust responded
with = cent cut, going lilo below
Spreckels' figures. Spreckels reduced
another i bringing the price OF granu-
lated IN Philadelphia 10 I cents-the
lowest price ever known. He also al
lowed > per cent. of for cash, making
the net price > 92-I00 cents The differ
ences were patched up in few days
though. and prices have advanced.
F. c. Havemeyer, the father OF the
President Of the Trust, is dead.
A despatch from New York, dated the
18th of july. saws: -" A former refuer of
sugar in Boston estimates that the Amer
lean Sugar Refining Company is, to-day,
conducting operations upon such an ex-
tensive scale and with such an economy,
impossible under the old system OF indi-
vidual refneries, that the cost OF refining
SUGAR IS not above 40 Of cent per
pound. The petition OF the American
SUGAR Refining Company OF Brooklyn
for = dissolution Of that company has
been granted by Judge Cullen, and the
Franklin Trust Company has been ap-
pointed receiver"
The Chino Beet Sugarie has not yet
been started up, owing to delay III
putting up the machinery.
The Bureau of American Republics
mas issued carefully prepared statistics
Of the sugar industry Of Cuba for the
last ten wears, showing the total produc-
ton OF the sugar and IaolSSses IN tons to
be as follows: 1886, 91S.737 1887, $780,
$50: 1855, SI4,510; 1889, Col $50; 1890,
763 .55S. The exports from all the ports
Of Cuba OF sugar and molasses during
the same period has been over 30 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-
gov q new commercial undertaking
called Tine Sugar Trading and Finance
Company" with capital Of $50 600 IN
$50 shares, the object OF which Is to
buy and sell sugar and other produce
and to establish agencies IN the West
Indies for that purpose
The Chilean Situation.
There Is little to note during the past
fortnight concerning the Chilean out
break Balmaceda has been succeeded
bv Vicuna as President, but that does
not appease the reyOlutionists who say
that Vicuna is only Balmaceda's tool |
and that his election Is null.
The reyolutioHists have moved their |
headquarters from Iquique TO Capiapo
a
sill collect nitrate dues. The neW capl- |
tai is about thirty miles from the sea
Each side Is busy in sending out re- |
norts TO the effect thai the other VIII !
sooD give in. Balmaceda keeps the
Trans-Andean wires warm with slcl |
messages and the insurgents are heard |
from By way Of Panama
The cruiser Presidente ErrszFuz has |
eft Lisbon for Valparaiso, well manned \
and armed. This is one OF Baimaceda's /
new boats Of which so much IS eA
pected. She viii surely be met and /
fought when near Cape Horn.
The United States man-oi-W2r feiSa-
cola Is back from the seat OF war. her
officers SAY that north OF Co4mmoo
everything favors the revolutlonlsts and
that Balmaceda has matters well IN
hand south OF that port. He controls
The most productive part Of the country
Int the insurgents have plenty Of money
and are well supplied.
II Is said that some Of the provision
.E,ips sent from San Francisco to the IN
s,,rganfs wilI hardly make expenses,
nniess as reported they carried arms
concealed in hay bales The insurgents
ma reDorted to have an abundance OF
PROVISIONS
Nicaragua Canal.
The Board Of Directors OF the Near
apua Canal Company have appointed >.
T. Rathbone of San Francisco, formerly
consul-general to Paris, director, IN
vlace OF Henry A Parr, resigned. VII
lam L. Merry retains his place as gen.
aral AGENT in San Francisco.
= = - ,-,;s Sio-4 4 To have been