The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1893-09-11
Williams, Dimond d Co.'S
Latest Circular.


price for half barrels was reduced to
the same as for barrels.
We quote as follows:
Cube, crushed and powdered efc;
granulated, 6sc; confectioners A, &c;
magnolia, SIC; extra G, 5sc; golden
c, ste; d sugar, 45c; standard A, SIC.
Basis.-Continued at 34c for 90 test
until August 9th, and the only sales
made during that period were 1000
bags, August eth; $50 bags, 10th and
5000 bag-, 11th. On the oath the basis
declined under sale of 5000 tons at BIC.
Sales were also made on the 25th,
1900 bags and 10Th, 1000 bags, at same
figure. Since the Goth there have
been no sales.
EASTERN AND FOREIGN MARKETS.
The general condition of the sugar
markets of the world has continued
much the same as last advised. The
stringency In money has continued
and with further drop in prices of
beets In Europe, and withdrawal
from the market by refiners I'm this
country except for immediate wants,
the price of raws has still further de-
clined in New York.
There is at present, however, little
better feeling regarding money mat
tiers, a nd the repeal OF the Sherman
act by the house has already had
good effect. It is now expected that
the senate will also pass the repeal
bill.
W. c,iya ouOfationu for haato dur;nc,
the month as follows: Aug 1st, les.
ID; les. I'D; 4th, les Sd /; 5th,
les. AID; 9th, l6+. 3D.; 10th, 16s. 1td;
18th, les. 2d.; 18th, 15I. I'D; 14Lh,
15s. 44i.; 18th, 14s. 8 l.; 18th, 14s. 104
2lst, 15s.; oath, 14s. 3D.; 18th, 14s. Cd;
26tb, AS; 2Sth, AS. AID; and 29th,
14s. 81.
In regard to the beet crop, we quote
from our latest M i'll advices, dated
London, August 10th, as follows:
Beet root has been firmer but closes
quiet, notwithstanding reports of fur
ther shipments to the United States.
The quietness Is due to the better re-
ports of the crop, and to the partial
reopening of river navigation in Ger
many, which has affected the value
of September and October December,
whilst owners of August slowly fol-
lowed suit. The fields look q decidedly
parts of Germany, with favorable au
tumn weather, about the same yield
per acre is expected, which would give
a slight excess, owing to larger SOW
ings. In Austria, too, prospects are
fair, whilst In Russia, owing to last
years failure, a considerable excess is
expected. Complaints are still made
I'm som- French districts, and though
last crop was bad, prognostica-
In
guine now. The various districts
and fields in France and Belgium
look very Irregular, sometimes patchy,
the early sowings good, the later SOW
fngs thin and backward. The shape
of the root Is mostly considered good,
and we must wait to see what the au-
tumn weather will make of it, the
pre-ent opinion being that with favor
able September and October weather
the European production is likely to
show n moderate excess, owing mostly
to the Russian increase. lubricants,
however, are not pressing sales, as
considerable quantity is already sold,
and with The exhaustion OF old stocks
even Russia will take some time TO
fill up old gaps first. We quote today:
August, l8.. II T.; September, l5s. OF l.;
-0.,tober, las; November and Decem-
Der. 13s. cal.
Under date of August 18th, from
New York, it Is estimated that the
beet crop for all Europe will be 2O0, 600
tons over last years.
Stocks of sagar at four ports u K.
on above 6ite, 97,S00 tons, against
l22, 500 tons last year. Total stock in
ali the principal countries, 7lS,3lS
tons, against $50, 9s3 tons at the same
time last wear. Stock at four ports
US. August % o64 tons; six prin-
ri t,nrfI ('nh1. n &PtOnS.
Our latest mail advices from New
York Of August 2oih state that the
market for raws is unchanged In all
respects, and may be quoted as quiet
ami steady in the absence of business.
There Is Il disposition, how yer, to
make some concessions, a cargo of
Muscovsdoes having been sold at Bos
ton at SC. for SO test.
Prices I'm New York have been kept
steady by transaction I'm which u
cargo of centrifugals was taken by re-
fners at a price to be fixed by the
next sale which will no doubt be low
er than SIC. the nominal quotation.
Refined IL in fair demand at I'M
changed quotations on u basis of 5. Is
net for granulated. Owing to the small
MEETINGS there have been several days
delay in deliveries of many grades.
The contrast between the London
and New York markets has been very
marked during the month. The for
mer, owing to- the large speculative
interests, has been excited and demon
allied and the settlements for August
paper contracts brought the lowest
quotations since March, causing fail
ure TO one of the oldest business firms.
In New York there has been no ex-
element or special interest, both re-
finers and sugar merchants having
waited for the outcome of the situa-
ton abroad. Naturally business has
been greatly curtailed and will be I'M
til the financial distress is over.
Our last Geographic advices from
New York of today quote beets, IS
test, AS. Cd. and centrifugals, SO test,
3lc., market dull but firm, with hold
ers meeting the market freely. Prices
will not go much lower. European
and foreign markets strong and adj
vancing; crops promise well. We
quote trust certificates: common, S24
preferred, 81.
RICE - Market overstocked with
Louisiana and very dull. sales s. I.
from wharf at 81. Sd. net which figure
We quote.
per Dbl; I'll Dorado $3.50 per bbl.;
Crown 1855 per Dbl. fob.