The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1897-04-03


new crop the markets both in London
and on the Continent were very de-
pressed, and sales of March beet were
| made at SIS Cd and even slightly under
whilst the premiums on forward
months dwindled down TO very mod
crate figure. The United States after
again buying some unimportant guam
titles at the decline, once more with
drew from the market and owing to
the large purchases during January
and February. it is doubtful whether
much further support can be looked
for from that quarter. Much will de-
pend upon the turn taken by affairs in
Cuba, and in the meantime it is diff
cult to form any accurate opinion of
the future course of the article, as
there still exist the various causes re-
ferred to so often, which have serious
ly interfered with business and created
the depreciation in value. Until more
reliable information is had respecting
the best sowings, a return of conf
dence can scarcely be expected.
According to Willett & Gray's sta
tistics, total stock of sugar at United
States four ports March 18th, was BOP
SO tons against 1877 ,107 tons same time
last year. Crop in Cuba. six principal
ports, by cable same date. 67124 tons
against 43. 1914 tons same time last year
Cuba cables of this date also report IA
estates grinding, and the visible pro-
duction of the entire Island of Cuba to
March II. 81 .O43 tons against 661S7
tons same time last year.
London Cable OF March II quotes
Java No. Is d. s.. lis; Fair Refining
9s; Beet. March, 9s 11Ad: April, 9s
15d: First Marks German Graduated
los 712d, f. o. b. Hamburg, equal to
3.5Sc net cash delivered New York duty
paid
Our latest mail advices from New
York of March II state that the market
for Raws is steady and firm with offer
ings small at quotations. Spectators
were the first to pay the advance. but
Refiners up tO the above date have
not paid over &c for Centrifugals and
appear indiSposed to advance prices
any faster than necessary, even under
the incentive of the new Tariff Bill,
which no doubt has been the prin-
cipal cause for the Improvement thus
far in the market.
In Refined, the demand has lessened
considera bly,, and it is not to be ex-
pected that the entire advance which
will result from increased duties will
come at once. 1t is rather to be eX-
pected that it will be delayed, and at
times it is probable that little re-
duction in some soft grades of sugar
will occur: but the permanent course
of the market is likely to be upward.
The extreme advance expected by
some people is not likely to occur,
however. as after the close of business
resulting from the Tariff further dull
ness is likely to prevail, and while
prices must go much higher, they are
not likely to do so Immediately.
RICE-Hawaiia - Market is very
dull There have been sales from
wharf ar &c so DAYS ard &c net accord
ing to quality. The proposed new duty
is 1.09 on Unbiased as against TIC for
merly and 200 as against 1.50 at pres
ent.
Japan-Receipts 1000 bags cleaned.
and 1900 uncleaned Price $50, duty
paid
COFFEE.-Central Americans have
been gradually declining, until today
the price of good unwashed Salvador
is lac TO 14Hc. Good prime washed
Cr9 tena1a is 1S1ac to 20c The markets
East are depressed and business there
as we'll as here is dormant and there
is little assurance derived from a view
of the future from any point.
KONAS.-Nothing has been sold
since 18th inst. when SO bags good
quality we're placed at TIC.
Since then few snail shipments have
arrived and have been seeking buyers
ar the same figure. put so far without
result.
FLOUR.-G. c. Ex Family. s4S5:1
ri Dorado $40 per Dbl. f. o. b. Crown,
$50 per Dbl. f. o. b.
BRAN.-Fine. SLIPS; Coarse. $11.75
per ton f. o. b.
MTDDLINGs.- Ordinary, SIT; Choice
$40 per ton f. o. b.
BARLEY-No. / Feed. 771kc to soc
rer GENITAL f. q. b. GRADUATED or Roll
ed. s16 to $3.50 per ton f. o. b.
OATS.-Fair. S12O to s1.2715 per
GENITAL f. O. b.: Choice. 1924 per GENITAL
o. b.: Surprise. 1421b to 1.5215 per
GENITAL f. o. b.: Wheat chicken. s1.30 to
81 40 per GENITAL f. o. b.; Milling. 1.4719
TO 1 521b per GENITAL f. o. b.
CORN.--S. Y. $1.O21a per Genital fob.
HAY.-Wheat comp. $1,000; Large
bales. 81 80 per ton f. o. b. Dat comp,
50 90: Large bales. so per ton f. O. b.
LIME-90c to s1.00 per Dbl f. o. b.
CHARTERS transactions for
spot loading have taken place since
our last. ana AT TINS WllJlnS thefe Is
no demand owing TO the scarcity of
wheat. but with new crop prospect
tonnage is held at an advance. owners |
preferrine to wait. Some forward bust
ness done at 26s Sd orders. August
loading. but the demand is
limited. One vessel taken to load wheat
for Capetown at 20s. Lumber rates
show a hardening tendency.
HANGE.-LOndon. so days. 81.
2615 Demand. s4.SSH; New York Reg /
ular. 1715c; Telegraphic. 20c to 221@c. !
LATEST SUGAR REPORT.-Our Ia
lest telegram from New York of today |
quotes Cuba Centrifugals ex ship, |
wharf or store, at 3 Slice for So deg. |
test Market firm with prices full up. /
Refined is generally easier but firm. /
London Beet sugar So deg. test, March /
Is 0s4 London market dull and irreg- /