The Hawaiian gazette., 1896-09-08
No Change in Prices of Refined
Sugar in Local Market,
BEETRooT PROGRESSING WELL.
Condition as Viewed in London-House Trade
Continues in Active Situation In Cuba
unehangei-FaIli Off of Yield in Java.
America in Sympathy With Europe, Etc

mere mas Oeen no cnduse IN the prices
OF Refined sugar in the local market or
for export, and the last price list of the
Western Sugar Refining Co.. of July
9th, continues in force, which we quote
as follows:
Cube, crushed and Fine Crushed,
7-Sc; Powdered. $3.50; Dry Granu-
lated, 43-4c; Confectioners' A, 43-4c;
Magnolia A, +S-Sc; Extra c, 41-4c;
| Golden c. 1-Sc.
The above prices are subject to the
usual rebate of Use per Id. Price for
export, Lee net for Granulated.
| The three Beet factories in the State
are in full operation and the Alameda
Sugar Co. of Alvarado will commence
marketing its product of dry Granulat-
ed in few days at 1-Sc per h. below
! Refinery net prices The Jacksonville
/ factory manufactures only raw sugars,
which is delivered to the Western Re
/ fnery and the product of the Chino
! factory, which is refined, is also con-
4 trolled by the Refinery here.
| Importers OF Hong Kong Refined are
storing and not marketing their sugars
10 any extent, on account of the low
prices now ruling
Basis: Continued at 1-Sc net until
the 9th inst, when il advanced to lac
net, but declined on the 18th inst. to
3 Is net, and since that date there has
been no change. The sales of Centri-
4 fugals 90 deg test reported in New
York are as follows
| August 4th, spot 1890 bags at S-Sc;
9th. spot 5000 bags 8 lie; 10th, spot
10000 bags LIE; 18th, spot 5000 bags
3 3-Sc; 18th, spot 5000 bags 8 S-Sc; 18th,
TO arrive, 900 bags 3-S c; 18th, spot
500 bags 8 3-Sc; 21st. due TO arrive,
1900 bags 8 3-Sc; 22nd. spot 1900 bags
3 S-Sc; 18th, spot 5000 bags 3 S-Sc; and
10Th, 1000 tons, 8 S-Sc.
EASTERN AND FOREIGN MAR
KETS.
The general features continue with
out material change, although earlier
in the month, following a better feel
ing in the European markets and an
advance in prices in London, the New
York market exhibited more frmness
than previously shown and an advance
of 3-16 TO Lac per 10. was established
the larger advance being on Muscoya-
dos and AIolasses sugars. OF which Re-
iners were especially in need Cen
trifugals sc deg. test were sold at 5 lie
Muscoyados SO deg. test at 1-Sc and
Molasses sugars SO deg. test at 2S125c
Later, however. with advices of dull
and lower markets in Europe, prices
reacted TO the figures ruling at the be-
ginning OF the month and have contin-
ued on this basis since and while there
have sales from time 10 time, some i'm
porters are holding their stocks and
as a rule buyers and sellers views have
been apart. Refiners have been will.
ing TO take all available stock at the
decline. Refined grades advanced in
New York on the 5th inst TO 4.69 fol
GRADUATED, less usual discount, but
declined on the 18th inst. 20 1856
We quote London Beet Sugar IS deg
test f. 0. b. Hamburg as follows, since
our last circular: August 4th, 9s lid
9Th, IS II Id: 7th, los; 10th. 9s 10 LID
18th, IS Cd; 18th. 9s lid; 14th. s.
sd; 18th, SIS 713-d; 18th, IS 6 3-4d
18th, es Id; 10Th. s. - d: 21st
9s Lid; 22ud, 9s Cd; 24th, 9s Sad
and 18th, 9s Sd.
The condition as viewed il London
according 10 Czarnikow' latest cir.
: cular OF August 18th, is as follows:
Sugar: The day after our last is
sue increased frmness was perceptible
especially for new crop Beet. but wher
on Saturday LIGHTS figures of weigh
were published, business became ir-
regular, and with buyers holding aloof
an easier tendency manifested itself
This week commenced with dull tone
and owing 10 oscillations, prices re
ceded about 1-2d for old crop and Sc
! for new; besides, the more encouraging
news respecting the growth of tht
, Roots created some hesitation on tht
part Of the Spectators.
The Home Trade continues inactive
and both refners and dealers hav,
: notwithstanding their present Low
stocks; business has therefore beef
upon very limited scale Crystallizet
grocery has been offered in small guam
titles. of which only an insignifcan
part found buyers al slightly easie
rates. Refining grades, both high ant
low, are neglected.
The situation in Cuba remains un
changed. According 10 the latest ad
: vice there is sufficient cane IN the fell
: 10 make 500, 900 tons OF sugar in 1886
lin normal times there is enough q
make one million tons and more). bu
: as the chances OF making a crop ar
{ now much worse than they were a yea
III ago, it is not likely, with the presen
aspect Of the political situation. tina
+, the last crop can be exceeded.
= From Java, recent cables report
: further falling on IN the yield, an
e some go 80 far as TO estimate the def
cheney in the present crop about 100. 90
tons This must tell upon later ship
ments; the earlier ones being IargeI
I in excess OF last year, and these bein
chiefly shipped 70 T. s., mag brig AZ
= rivals there during September up [
e 10000 tons, not excessive quantft
considering the requirements. The az
counts from other Can-producing cou1
tries are favorable, especially those {