The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1893-08-14
COMMERCIAL.
Williams. Dimoud d Co.'S Sugar
Circular.
san Francisco, July 81, 1898.

I are 4uOlCu as lO4lONS. CubtI VI NSA4S'
and powered, 6ic. dry granulated
I SIC; confectioners \, &C.; magnoli.
y, she; extra c, sec. golden c. 5!c.
d. sugar, &c; standard y, SIC.
Prices for export continue on basis
Of sc. for granulated. The Westerr
Sugar Refining Co. have a large stool
| of both refined and raws on hand, anC
have reduced their melt to go, OOt
lbs. per day.
BASIS. - Remained at Age. from
June 23d TO July 18th, with only two
sales during that period, viz: July 18th
and 9Th, $500 and 1900 bags respec.
lively. On the 18th 1t declined tC
3-l6c. spot sale 500 bags, 18th, 4lc
spot sale 1900 bags, 25th, SIC. spot
sale 2GOO bags; since then there has
been no change, but spot sales of 800
tons were made on the 9TH, and 5000
bags on the 2Sth inst.
As will be noted, values have very
materially declined both in the United
States and Europe.
The reaction has been brought about
directly on account of the financial
troubles or panic both here and abroad
anu AAON AACAAA III llAC oLSilaS-
teal position of sugar, which remains
as strong as ever, bat loses its infiu-
euce for the time being by the much
more important influence above noted.
1t is difficult 10 tell what the out
come of this state of affairs will be,
but with the money difficulties re-
moved, there is no reason why values
should not become steady again and
prices advance.
RefinerS continue TO purchase on a
hand to mouth basis and it is likely
that by the 1st of August the invisible
stock in this country Will be as small
as existed on the Isl of January.
The demand has reached low limit
as the trade throughout the country
are buying as lightly as possible, and
with the great excitement over the
wholesale failure of banks and conse-
queut tightness in money, the pros
pect for an increase in consumption
is not encouraging.
Our latest mail advices from Lon
don, July 18th, regarding the beet
crop, are as follows:
BEETROoT-has participated in the
prevailing want OF q good trade de-
maud as well as of speculative inquiry,
but business has been done in new
crop sugars chiefly, with moderate
fluctuations. IquOte: July, lis. 9i.;
August, LIS. 102d September, lis.
I'D; October, los; observation-disclosures
Der, AS.
Rains have been more general dur
ing the last few days, and are reported
to have done good to the plants, even
in France where, however, the fields
continue to show many empty spaces
which no amount of rain can improve.
The Journal dies Fabricants antici-
pates, Notwithstanding slightly larger
sOwiugs, a heavy deficiency, estimated
in some places as high as 80 TO 30 per
cent. In Belgium, Holland, and some
districts of Austria and Germany, the
outlook is described in similarly
and the larger portion of Austria are
decidedly better off than the western
countries great irregularity, how
ever, prevails everywhere, and it is
very difficult to obtain even an APP
proXimate idea of the general state of
crops. 1t is hoped that great deal
of the deficit in the west will be
covered by an increase in the east
in Russia; but with the
probable great exhaustion of old WISH
bic and invisible stocks, lubricants are
not pressing sales, even at present
level
Our latest mail advices from New
York of the 26th instant are as fol-
lows:
London cable: Java, No. -, ISIS.
fair refining, los. Sd. beet, July, l5s.
I'D. +; August, 15s. I'D"
RAwS-The L. :. markets continued
entirely nominal, waiting for Europe
to settle somewhere. Beet sugars de-
clined to 15s. Sd. fob. Buyers views
are not above the European parity, but
holders, hoping for an upward reac-
ton, have been inclined to wait.
later few holders accepted
the situation, and sold their sugars on
the parity basis rather than put them
in store, viz, Ste. for 50 test MuscO-
vadoes and SIC. for 90 test centri-
fugals.
Our latest telegram from New York
of today quotes no sales centrifugals.
Granulated unchanged, beets les.
Trust certificates, common al, pre-
ferred 81.
RICE-Market has continued sta
tionery since our last. Light sales
have been made at 3!c. net which fig
ure we quote. The outlook for i'm
proved prices on new crop is very
poor. Carolina still arriving at cost
s.. 80 to So.
FLoUR-G. G. Eek. Family 81 per
DOL. 10 o.; III DOrauo % per Dol. LOO.
Crown 50. 80 per biol. fob.
BRAN -SI7 per ton fob, very
strong.
MIDDL1SGs-s24 to $3.50 per ton
fob.
BARLEY-No. l feed, S24c. a S5c.
per ctl. fob; ground or rolled $3.50
oATs-Fair s1.87s a s1.4O, choice
81 30 per ctl. fob.
WHEAT-Chicken SI.25 a $1.3O,
milling S1.35 per ctl. fob.
HAY Compressed wheat $1,000 a
SI1.5O per ton fob; compressed oat
SO per ton fob; large bales, wheat
So, Oat SO.
LIME-S1 a S1.15 per bbl. fob.
CHARTERS - Market quite active
since our last at an advance-last
charter 18th inst, sos. orders for iron
to load barley, with 27s. Cd. and 2Ss.
ID. orders to load wheat.
Last wooden 21s. Sd. Liverpool di-
rect. For the past few days English
ldvices have come through at a de-
cline, while in Chicago extremely
ow prices are ruling and no new
charters have been made here, ship
Ders not being anxious for tonnage,
though it appears firmly held at last
rates.
No change in lumber business.
EXCHANGE-New York, regular,
I5c., telegraphic, 221c. London go