The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1894-12-07


The Western Sugar Defining Com.
pany closed down on the 18th inst. fol
their annual clean up and repairs
They have good stock of granulateC
| on hand, but their raw stock is re
duced to about $4,000 bags beet, rs, OOt
bags Island and 5000 bags Central
American sugar; so they are not likely
to start up again until Island sugars
arrive freely again.
Prices of refined were reduced Oct
18th, one-eighth cent per pound on all
| grades and since then there has been
no change. The list prices are as
follows: Cube, crushed and powdered
SIC; dry granulated sic; confectioners
A 55c.; magnolia A 4lc.; extra c Age;
golden G 43c.; d sugar 44c.
Basis continues at three and one
fourth cents, net, for ninety-six de-
gree test, and this has been the basis
since Oct. Goth.
There have been the following sales
| reported since that date: Nov. Sth,
| spot, 1900 tons; 9th, $1,000 tons; 10th,
1000 bags; 18th, 1000 bags, and 21st
C. and F, to arrive, $500 bags. All at
| three and one-half cents, ninety-siX
| degrees.
Eastern and Foreign Markets-Dur-
ing the first of the month the New
York market for both raws and re-
fined continued very dull and mac
| tive, but later a marked improvement
took place, refiners having entered
the market and purchased largely,
and there also having been a large
demand for refined. This activity,
however, only continued for short Pc
riod, and our latest mail advices of the
18th inst. state that the old conditions
have returned and raws are waiting a
market. AS conditions now stand,
holders of raws are certainly at dis
advantage, and if refiners can get
along with the supply they have
under control or expect to arrive,
sellers will be obliged to make the
first move for negotiations. Refined
is also weak and the market is almost
at dead standstill, after period of
almost phenomenal animation and it
seems likely to remain so until buy
ers are again compelled to put in an
appearance.
GRADUATED declined on October
2Sth to S4.3l, 30th to S4.1S, November
1st to S4.06, advanced the Sth to S4.1S
and declined again the 22d to s4.06
where it still remains.
European advices have continued
weak during the month and London
quotations for beets, fob. Hamburg,
since our last circular are as follows:
October Doth los, 30th 9s. 104 ,E31st
9s. IL 3D., November 1st 9s. 109d., 9th
9s. lid, 9th 9s. 3d., Goth 9s. AID, Dist
9s. SD, 22d 9s. Sd. and 23d 9s. gid.
London cable of November 18th
quotes Java No. 10, d. S. at 12s. Fair
refining 9s. sd. Cane dull and de-
pressed. Beet quiet, prices barely
maintained. First marks German
granulated lis. Sd. fob. Hamburg
equal S3.7S net cash delivered in New
York, duty paid.
LIGHTS estimates of the beet and
cane crops for 1S94-95 are unchanged,
viz, 1875, 900 tons and 3,125,000 tons
respectively against yield in 1884 of
1886, 1903 tons and 3, 195, 055 tons.
Willett & Gray's estimate OF cane
crops for 1S94-95 is 3,5SOOOO tons
against their estimate for 1Ss3-94 Of
$685. 4S tons. Late reports of the
beet crop are less favorable than at
first.
According to Willett Il Gray's lat
est report, under date of November
18th, the total stock of sugar in four
ports United States was 207,0 $50 tons
against SO, 273 tons same time last
year. Total stock in six principal
ports of Cuba by cable, same date,
l4,700 tons against $1,000 tons last
year. Total stock in all the princi-
pal countries 10000 tons against 546,
466 tons last year at same time.
Our latest telegram from New York
of today quotes centrifugals 96 test, eX
ship, wharf or store, SIC.
I'll 4 ,r-ax
is expected soon.
London beets SIS test f. o. b. Ham
burg 9s. I'D, November, market weak.
Foreign graduated is selling in New
York, duty paid, at $500. Trust GER
tificates, common IS, preferred 92!.
Rice Hawaiian, with light de-
mand from the interior and the hand
to mouth buying policy of the jobbers
price has dropped to 4.25 less Il per
cent. At this figure considerable has
been placed. In the near future prices
will doubtless be lower.
Japan: Receipts, 1000 bags, meeting
with slow sale al 4.25 net.
We note receipt of 1000 bags Next
can, grown from Carolina seed. AT
present writing we are not in a posi-
ton to ascertain its value, but it Will
doubtless have depressing effect on
market.
Flour-Golden Gate Extra Family,
$40 FL Dorado, 81 40, per Dbl, fob;
Crown, 1925 per bbl., fob. Vessels
now on berth for Honolulu, 15c. per
Dbl. less.
Bran-Fine, SD; coarse, $13.25 per
ton, fob.
N1iddlings-Ordinery, $3.50; choice,
$3.50 per ton; fob.
Barley-No. l feed, GOO. 92!c. per
ctl. fob; ground or rolled, Sl9@$20
per ton, fob.
Oats-Fair, s1.1O@$1.12!; choice.
Sl.l5G Sl.2O per ctl., fob.
Wheat-Chicken, 95c. q 97!c.; mill
ing, S1@ s1.05 per ctl., fob.
Corn-Small yellow, S1.40 per ctl.,
fob.
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