The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1899-12-22

SUGAR MARKET
Williams, Dimond & Co.
Statistics.
No Change in Mainland Situation or
Exports to Honolulu - Crop
Of Louisiana.


up to December 18th, have been fur
nished through Messrs. Schaefer & Co,
from their San Francisco correspond
ents:
SUGAR-There has been no change
in the local market nor for export TO
Honolulu since December -.
BASIS-Unchanged from November
IA to IS; cost and freight sale, $50 tons
SA27. Continued unchanged until the
23d, TO arrive sale 4Ac; since which no
sales reported, making net basis De
cember II for Island sugar in New
York 4Ac. and in San Francisco 37sc.
NEW YORK REFINED-Quotation
have remained unchanged; say 4.7666D
1925.
LONDON BEETS-Nov. 10. 9s sd;
10th to 18th, IS l I'D; Goth to 2lst, 9s
0Ad; 22d, 9s I'D; 23d 9s: Goth, 9s
OAd; Dec. LIST to 4th, 9s; 5th. 9s O&d;
9Th, 9s I'D; 9TH. 9s 0Ad; Sth 9s "a d.;
9th to 18th, 9s 11ad.
LONDON CABLE Dec. Z, reports ia
va No Is d. S. lis Sd; fair refining los
Cd; January beets, SIS 214d.
STOCK-According to Willett a.
Gray, Dec. z, total stock U. s.: Four
ports to Dec. 8 estimated at 209, 1897
tons, against S6523 tons same date last
year. Six principal ports Cuba 1000
tons, against 1904 tons last year. To-
tai stock in all principal countries at
latest uneven dates 10 Dec. 7, by cable,
S09,S97 tons, against 1926 tons last
year; excess over last year 56,971 tons.
EASTERN AND FOREIGN MAR
KETS-The spot market for raw sugar
in New York has been quiet with very
few sales the past month. Latest ad-
vices report an increasing scarcity of
ready cane sugars in the markets of
the world, and prices asked at the pro-
ducing points are from Lice to 1-Sc
per pound above the parity of the spot
market.
Latest reports from Java indicate to-
tai exports of the present crop to Nov.
30, $4,000 tons, this crop being esti-
mated at 100000 tons, leaves still avail
able for export for June i, 1900, $4,000
tons. The scarcity of cane supplies for
some time has turned the attention of
refiners to beet sugars, and the outlook
is for continued steadiness in the raw
sugar market
C. Czarnikow's circular, under date
of Nov. 90, reports nothing of special
interest in the market. Demand slow,
and the trade not tempted to do more
than supply immediate wants.
LIGHTS estimates have been increased
from 100000 to 100000 tons, and
with the favorable weather now pre-
vailing. it would not be surprising to
see the actual yield exceed even his
latest figures.
LOUISIANA accounts are still I'M
favorable, crop estimates having been
reduced to 10000 tons.
CUBA advices report favorable
weather for coming crops and that
some districts will show an increase
over last year.
Latest estimates of the sugar crops
of the world, from Willett & Gray, re-
port grand total of cane and beet sugar
1S99-190O, 8,414,000 tons, against 1888
1899, 7,937,463 tons. Estimated in
crease in the worlds production, 49,
537 tons.
We have had fine rains all over the
State for the past month, and contin-
uation of them will mean large re-
turns of beets on this Coast, but too
early now to estimate the quantity that
may be produced.
COFFEE, notwithstanding has
been done in Hawaiian coffees for some
time, and we cannot therefore note any
change in the market based on sales.
The trade regard these coffees as priced
too high, and it will doubtless be nee
essary to reduce figures in order to
stimulate consumption.
RICE, Hawaiian-Last arrival was
500 bags ex Australia; price 4Bc less
III per cent, but weak at this figure.
A grade of New Orleans equal to Island
can be laid down here at 4esc today.
JAPAN-Selling at 4.55 less ~ per
cent. Supply is limited and demand
has improved. The market, however,
for all rice is ruling dull, and at pres
ent writing, owing to the closing of the
year, jobbers will not buy before stock
taking.
ARRIVALS-Nov. 10, Irmgard, Ho-
nolulu; Nov. 16, Nippon Maru, Hong |
kong, Yokohama and Honolulu; Nov. |
II, Alameda, Sydney and Honolulu;
Nov. IS, Mary u. Foster, Honolulu; |
Nov. 10, Theodore. London and Homo !
lulu; Nov. 10. r. p. Rithet. Honolulu;
Nov. %, Westminster, Manila and Ho- |
nolulu; Nov. "a, w. G. Irwin, Homo
lulu; Nov. q. S. C. Allen, Honolulu;
Nov. 30, Geo. Curtis, Honolulu; Nov. |
80, Coptic, Hongkong, Yokohama and |
Honolulu; Dec. 6, Australia, Honolulu;
Dec. IL, America Maru, Hongkong, Yo-
and Honolulu.
DEPARTURES - Nov. IA, Pathan,
Manila and Honolulu; Nov. Is. Martha
Davis, Honolulu; Nov. 16, Senator. Ma
Mia and Honolulu; Nov. 16. Benmohr,
Manila and Honolulu; Nov. II, S. G.
Honolulu; Nov II, Centennial,
Honolulu; Nov. II, Doric, Hongkong,
Yokohama and Honolulu; Nov. 20,
City of Puebla, Manila and Honolulu;
Nov. 20, Hancock. Manila and Honolu-
lu; Nov. 81, ST, Paul, Manila and Ho-
nolulu; Nov. 81, Duke of Fife, Manila
and Honolulu; Nov. 20, Annie John
son. Hilo; Nov. 20, Pathfinder, Manila
and Honolulu; Nov. 20, Indiana, Ma
Mia and Honolulu; Nov. "a, Ohio, Ma
Mia and Honolulu: Nov "a, Wyefield,
Manila and Honolulu; Nov. 20, Amy
Turner. Hilo; Nov. rs, Nippon Maru,
Yokohama and Honolulu;
Nov. % IrmRard H0nOlulu. Nov 90 |