The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1893-03-25
s. r. TRADE NOTES.
From Circular Issued by Viii
Iiams, Dimond & Co.

The following is taken from VIII
liams, Dirnond & Co.'S circular, under
date of the 14th inst:
The first consignment of Multi Mill
sugar from Mahukona, has arrived.
This mill makes a white sugar and is
the only plantation not under con-
tract with the refinery. 1t is being
offered to the retail and country trade
at Il cents.
According to mail advices, the gen
eral situation of sugar in Europe is
strong, and especially so if consump-
ton increases to any extent this year.
1t is, however, evident that as the
European countries produce more sug-
ar than required for consumption at
home, they must look to this country
for the value of such surplus. Conse-
quently the American market virtu-
ally controls the price Of sugar for the
world.
Reports from producing coun-
tries continue favorable, and cables
from Cuba on the 9Th inst. state that
crop receipts TO March lst Excluding
guantanamo and Gibara), are 29l 900,
against 2S6, 900 tons for same time last
year, and stocks are 123, 600 tons for
each year. These figures give no indi-
cation of short crop in Cuba.
At meeting of the Board of Direc-
tors of the American Sugar Refining
Co, held on the 9TH inst, the follow
ing resolutions were unanimously
adopted:
"Whereas, the earnings O the COM
pany during the past quarter warrant
an increase of dividends on the COM
mon stock;
"And, whereas, since the annual re-
port of the treasurer of stockholders,
on December 1st, 1892, returns receiv-
ed from the corporations whose stock
is held by this company flor the year
ending March 1st, 1899 render I'M
necessary for working capital the fur
ther retention of the surplus earnings
of 1891 and 1892, as shown by the an
nual report.
Resolved, that there be paid a
quarterly dividend of per cent. on
the common stock, and, in addition
there be paid an extra dividend of 10
per cent. on the common stock from
the surplus earnings of 1891 and 1892,
and that dividend of Il per cent. be
paid on that portion of the preferred
stock of the company which is en-
titled to quarterly dividends, all the
above being payable on April I'd, to
stockholders of record March 18th,
when the transfer books will be closed
| TO reopen April 2d.'
In addition to the above resolution,
g, tot .s1 hot h
company, on March 1st, after provid
ing for all these dividends, has sur.
plus of net earnings of S5,000,000.
The highest point reached by Trust
certificates this year was 1884 for com
mon and 104 for preferred stock. On
| March Sth common was quoted al
1913, and preferred at 1911. To-day,
| common is SO, preferred 95f.
| Stock at Four Ports, Z. K, a, 80t
| tons against 90, 142 tons same time
last year. Total stocks in all the prin
| cipal countries at latest uneven dates
to March %, 1865 tons against
| LOS, 241 tons last year.
RICE.-Market is in much the same
| condition as mentioned in our last
circular. Low grade Carolina is daily
arriving and filling three-fOurths o.
| Uuc uStuduu. OdicS vi ISldIlu III Sll1dl
lots have been made from wharf at &c
so days, which figure we quote.
FLoUR.-G. G.. Elk. Family, S4 pei
bbl., +. o. b.; G.. G.. Ell Dorado, So pei
bbl., f. o. b.; Crown, 1896 per Dbl.
f. o. b.
BRAN-S12.5O to S13 per ton, f. o. b
MIDDLINGs-$1S.50 per ton, f. o. b.
BARLEY-No. Feed, Sic. to Soc. PEI
ctl., I. o. b.; ground and rolled, S1S.5 81
to SO per ton, f. o. b.
OATs-Fair, s1.45; choice, S1.6O PEI
ctl., f. o. b.
WHEAT-s1.4O to s1.42a per ctl.
+. o. b.
HAY-Comp. wheat, $3.50 to sos,
per ton, f. o. D.; comp. oat, 50 tt
$3.50 per ton, f. o. b.. large bales
same as above.
LIME-$1 to $1.55 per bbl., f. O. b.
CHARTERs.-F'ewt transactions sinc'
our last, and with dull and declinin!
advices from consuming markets
shippers show no inclination to max
new engagements, and the market i
in state of stagnation. Last charte
an iron ship, 1Ss. Cd, nothing les
direct.
Prospect for the growing crop con
tinues all that can be desired.