The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1892-01-27
Sugar.

centrifugals, 96 deg, 81; granulated. a.
The local market is quiet. no
changes having been made in prices
since the lst of the month. It is said
that the steamer Zealandia will be
put on the Island route as soon as the
new sugar crop comes in.
The annual meeting of the Trust
was held in New York on the 18th.
An increase in the capital stock of
S2o,OOO,O00 was ordered. The treas
urer's report showed that the earn
lngs OF the year We're S5,O73,O 900.
From the net earnings dividends
were paid of per cent. on the COM
mon stock, and 81 on the preferred.
The total amount paid out in divf-
dends amounted to $3,65O,OOO. Theo-
dore Havemeyer and J. 3. Thomas
were elected on the new board of
directors. The monthly shipments
of sugar from San Francisco during
1891 aggregated 120,908, $50 pounds.
OF this 9,424,37 pounds were ship
ped by sea and III, 484, $50 pounds by
rail. The imports of sugar by sea
during 1891 aggregated 607, 421 1893
pounds, valued at S1l, 758, 1855. The
largest recorded monthly imports of
sugar at this port were in March,
1891, being 81, 1872 17 pounds, valued
at 3d. 40, Ill; this included $780,
800 pounds from the Hawaiian ISL
ands. Owing to the duty on foreign
raw sugar being removed April /,
Hawaiian planters rushed all avail
able sugar in this market in order to
reap any benefit they could under ex-
listing contracts, they anticipating a
sharp decline after removal of the
duty.
Another beet sugarie is to be built
at Ontario, Cal, this spring.
The Chilean ImbrO9IiO.
Since our last advices the Chilean
situation, so far as is known to the
public, is daily becoming more seri-
Gus, and has reached a point where
hostilities may be declared any day.
Thus far the Chilean government has
made no reply to the request Of the
United States for reparatiOn, and, as
it is now three months since the out
rage on the BaltimOre's sailors was
committed, it is thought that Chile
does not intend to apologize for the
deed. There is an ugly feeling be-
tween both countries, and the action
of Chile is only increasing it. Presi-
dent Harrison will send to Congress
tomorrow the correspondence on the
trouble, and accompany it with
special message, but whether or not
he will recommend q declaration of
war is not known. y special Cabinet
meeting is being held to-day to con-
slider the message he has prepared. 1t
is probable that Congress will instruct
the President to make a final demand
for satisfaction, and accompany it
with the declaration that in case it
is not compelled with force viii be re-
sorted to.
The navy department is in q state
of great activity and preparations for
possible war are being made as fast as
possible. In every navy yard work
on the war vessels under course of
construction is being rushed, and the
same may be said regarding the gun
foundries and ammunition factories.
If a crash comes within a short period
Uncle Sam will not be ready for
fight, but he will not be at a disad-
vantage very long. 1t is stated at
Washington that arrangements are
being made for the transportation of
an army of 100, 900 men to the Chilean
coast, the intention being to sweep
the ChiIeans "out of sight at short
notice, and thus put an end to the
naval part of the war.
One of the most ominOus features
of the situation is the fact that the
Chilean Government has dispatched
the best part of the navy to the South
under sealed orders, and it is reported
that the fleet has gone to the Straits
of Magellan for the purpose of block
aiding it against the United States
SQUADRON in case war should be de-
cIared. With the force they have,
the Chiieans could easily do this, but
it would not prevent our fleet from
finally reaching the Chilean harbOrs.
Reports from Chile are to the effect
that the Chileans are sufficiently hot
headed to declare war against the
United States without replying to the
demand of this country, and by that
means try to gain an advantage.
They certainly have the cOnceIt to
think that they can whip the great
Republic, and they are encouraged
in this opinion by the belief that they
will be assisted by England in case OF
need-aIl of which is the veriest rot
England does not want any more
"scrapesn with the United States, anC
therefore Chile will have to make hel
own fight. There is another feature Of
the situation too which does not bOdt
anv good to Chile, and that is the ap'
naTp1tfv well-founded rumOr that il
ease of a war Chile will be attacked
BY Peru in the hope of crushing be-
and wrestling from that country the
rich provinces which were taken IL
the war some years ago by Chile.
The press of the United States IS be
coming very hostile in tone, and it i
understood that the Chilean Ministe
at Washington has wired his Govern
ment that if it is DESTROYS of avertin!
war, it will be necessary to otfe
amends to this country at once, as tn
war feeling is not only very high, bu
the preparations to back it up are ex
tensive.
NOTES.
The refugees in the United State
Location have been safely delivers
ON board the cruiser Yorktown, bu
the Chilean Government will no
Guarantee their safe convoy out of tn
country. They will, therefore, be con
viewed to a place of safety.
Some of the sailors of the 4orktow
while waiting at the dock IN their g
for the return of an officer, WeT
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