The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1899-03-16
LATEST SUGAR Markets
DIMOND & CO.'S PRICES
CURRENT.
Point to a Steady or Rising
Market-Nisible Supply Is Consid-
erably Below Last Year.

Williams. Dimond g. Co.'S latest cir
cular received by the Australia, dated
March Z, contains the following CON
corning sugar and coffee markets and
conditions.
SUGAR-In the local market there
has been no change since December
6, and no change in the export price
to Honolulu since October 10, although
we look for change shortly, in sym
pathy with the advance in refined
sugars in the New York market.
! STOCK-W illett d Gray's latest re-
port, under date of February %, gives
| the total stock in the United States
| four ports at 12O,350 tons, against 2O0,-
037 tons at the same date last year.
The total stock in all the principal
countries at the latest uneven dates
by cable February %, was 2,474,550
tons, against 2,619,775 tons; defici-
ency under last year of 205,2l6 tons.
Cuba, six principal ports, stock on
February -. 37.7OO tons. against u.s.
600 tons at the same date last year.
EASTERN AND FOREIGN MAR
KETS-For the first part of the month
showed an easier tendency. but about
the 2lst the American Refinery went
into the market and was reported to
have taken about all the available sup
plies i'm sight. and the business trans
acted at that time was reported to
have embraced nearly all the sugars
and near by from the West Indies.
and many cargoes from Java and else
where. and it is rumored that some
retinerieS took beets at prices in the
neighborhood of los OAd C. f.
The total production of Cuba, up to
the present time. is reported to be 6S,-
600 tons, against $4,000 tons at the
same time last year, and if the weekly
receipts continue at the rate of $4,000
tons. it will require twenty weeks to
make the total crop of 32S,000 tons;
and if the rains commence in May, the
planters can hardly count on having
sufficient weather left for grinding
t'iS quantity.
L. Czarnikow's London Circular. UNI
'Sr date of February Is, reports no
particu,.r movement in the market,
the trad and retiners generally show
ing more inclination to operates with
a firmei' tone and the factories on the
Continent not pressing sales. Regard
ing the prospect of beet sowings, Mr..
LIGHT mentions 7R per cent as the
possible excess in Europe, and from
the general conditions of supplies and
estimated consumption over the world
it now looks as if the downward course
of prices had been stopped and that
facts and figures now indicate an inn
provement in prices for the next cam
paign.
CALIFORNIA BEET CROP-We are
still without rain, as consequence of
which the crop is still uncertain.
HAWAIIAN LEGISLATlON-Con
ress adjourned on the 4th instant
without passing any laws in connec-
tion with annexation relative to Ha-
wall. and it is very doubtful, unless
some unforeseen contingencies should
arise, about any special session of
Congress being called by the Presi-
dent.
COFFEE-The market for Ha- !
waiians has been very quiet, with only |
small sales. We quote fancy, 16M |
17Rc; prime, 14M l5Ac; good 1870, |
which figures indicate market I'M
changed except for the last named, |
which has declined 1c on snail sales |
by various receivers, amounting alto |
gether to a couple of hundred bags.
RICE-Hawaiian Few sales; market |
weak at SIC. Japan: We quote nc !
Our latest telegram from New York, |
dated March Z, p. m, quotes cost and |
freight sale of Cuba centrifugals, 400 |
tons, equivalent in long price to 4.3Sh; |
granulated, unchanged; London beets, |
9s. 10Rd.