The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1898-05-12
NENSFDROURM MERCHANTS
FROM WILLIAMS, DIMOND g. CO.'S
MONTHLY LETTER.
Sugar Market Stands Firm-California
Beet Sugar Refinery Ready for Bus
mess Coffee Eighteen Cents.

Williams, Dimond d Co.'S circular
letter by the Iealanda is dated San
Francisco, May 3, 1898, and runs as
follows:
We last addressed you by circular
letter April 5th, per Zealandia.
Sugar.-Quotations for refined in
this market and for export were adj
vanced on the 9th and again on the
23rd ult., since which no change. ,e
quote the market as follows: Cube,
(A). crushed and fine crushed, Z;
powdered, 6H; candy graduated, g;
dry granulated, fine, SIS; confection-
er's \, 5M; magnolia, \, 5R; extra,
c, 5%; golden, c, 5H; California, y,
5%; dry graduated in bond to Ha-
waiian Islands, 43sc.
Basis.-Remained unchanged until
April II, sale $500 tons, at 1-16, no
change until April 20, 1000 bags 1T
Az. advanced again %. sale 1000 bags
at $40, again advanced April %,
spot sale $500 tons at "A, since which
remained unchanged. Spot sale repor-
ted May =. 10000 bags at NC, maxi
ing net price for Island sugars here
cents.
Eastern and Foreign Markets.
Showed decline from the 5th to the
Goth. since which time market has
been advanced. and decidedly in IA
vor of sellers.
Our latest mail advices from New
York under date of April IS, report
that the American Sugar Refining
Company entered the market and paid
4Hc for 90 centrfugals. and there
seemed to be a prospect of higher pr-
ces as the high ocean freights, extra
premiums being paid for war risk,
and the fact that sugar from Cuban
ports is now shut out by the block
AIDE, all tend to increase the demand
for both raws and refined.
Latest reports from London under
date of April IA. state that 1--WE have
apparently produced, and expect to
produce, Il little less than the worlds
consumption, thus reducing visible
supplies and the situation apart from
political or financial troubles there
fore looks fairly healthy"
London Cable.-April 27, quotes ia
va No. Is, ID. s., Is Cd; fair refining,
los.
Stock.-Willett & Gray report un-
der date of April ~, total stock Unit
ed States four ports, 345,317 tons,
against 447,142 tons same date last
year.
On account of the blockade no re-
ports from Cuba since April %, last
date reported $4,000 tons, against 49,
600 tons same date last year. Stock
in all countries latest uneven dates TO
April 21, 2,451 ,407 tons, against 1885,
262 tons same date last year, a defici-
ency under last year of 21S,765 tons.
California Beet Sugar.-The situa-
ton remains unchanged since our last
advices as we have not been favored
with rain. and it now looks as if we
should get only very limited supplies
from the jacksonville. Alameda and
Chino factories, the other factories IN
the state not being able to operate at
all.
California Beet Sugar and Refining
Company.-Are now ready to operate
and we expect we will have refined
sugar in the market this week.
COFFEE.
In anticipation of duty being
| placed on coffee, the market was much
stronger last month than for some
| months past, but as the duty is not 10
be imposed, all grades have dropped
| back.
Hawaian.-We quote for good, ia
| Ice; prime, 16RM1Sc.
RICE.
No Hawaiian in market. Louisiana
continues to arrive but New Orleans
market is becoming bare of suitable
grades. Prices of quality equal to Is
land article, 5A@6c. Japan in fair
demand; price, 5.75, duty paid.