The Hawaiian gazette., 1893-03-28
S. F. TRADE NOTES.
From Circular Issued by Viii
liams, Dimond DE- Co.

The following is taken from Will
liams, Dimond & 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 q con-
tract with the refinery. 1t is being
offered to the retail and country trade
at A 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 cane-producing coun-
tries continue favorable, and cables
from Cuba on the 9Th inst. state that
crop receipts to March LIST Excluding
Guantanamo and Gibara), are 291 900,
against $4,000 tons for same time last
year, and stocks are 123, 900 tons for
each year. These figures give no indi-
cation of a short crop in Cuba.
At a meeting of the Board of Direc-
tors of the American Sugar Refining
Co., held on the 18th inst, the follow
ing resolutions were unanimously
adopted:
Whereas, the earnings of 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 LIST, 1888 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 8 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 II 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 3D."
In addition to the above resolution,
the statement is authorized that the
company, on March 1st, after provid
ing for all these dividends, has sur
plus of net earnings of S5,000,00O.
The highest point reached by Trust
certificates this year was 1885, for COM
mon and 104 for preferred stock. On
March Sth common was quoted at
1919, and preferred at 10l3. To-day,
common is SO, preferred 954.
Stock at Four Ports, U. K, 1850
tons against 92,142 tons same time
last year. Total stocks in all the prin-
cipal countries at latest uneven dates
to March I'd, 1926, 551 tons against
/, Ass, al 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 of
the demand. Sales of Island in small |
lots have been made from wharf at 4c. |
so days, which figure we quote.
FLOUR. C. G.. Elk. Family, 81 per |
bbl., f. o. b.; G. G. Ell Dorado, So per |
bbl., f. o. b.; Crown, 1885 per Dbl,
f. o. b.
BRAN-S12.5O to S13 per ton, f. o. b.
MIDDLINGs-S1S50 per ton, f. o. b.
BARLEY-No. Feed, SIC. to S5c. per |
ctl., f. o. b.; ground and rolled, $3.50 |
to $40 per ton, f. o. b.
OATs-Fair, $1.45; choice, Sl.6O per |
W WHEAT-sl.4o to SLAP per ctl.,
f. o. b.
HAY-Comp. wheat, $3.50 to $1,000 |
per ton, f. o. b.; comp. oat, 50 to
$3.50 per ton, f. 0. b.. large bales,
same as above.
LIME-$1 to $1.55 per bbl., f. o. b.
CHARTERs.-Fewt transactions since |
our last, and with dull and declining |
advices from consuming markets,
shippers show no inclination to make |
new engagements, and the market is
in state of stagnation. Last charter |
an iron ship, 1Ss. 3D., nothing less
direct.
Prospect for the growing crop con-
tinues all that can be desired.