The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1899-07-11
COMMERCIAL PROSPECTS
DIMONp a COMPLAINTS
LETTER
sugar Market Worlds Stock Of
Sugar 2uoOO Tons DeHoieut-No Ha-
waiim Rice for Salc-Co1lcc Soft.

Williams. Dimond q Company's cir
Cular letter dated July 81 contains the
following Information.
BASIS-On June .. a. G.. Il f. sale 23OO
tons was made at 4.6N5; June Z, sale to
arrive 5000 tons at ( ll-16 and G. & f.
sale 1000 tons at Ass, making average
4.6S6 June 10, e. a. f. sale $50 tons at
1855; June l., spot sale at 4 1l-16 and @.
q f. sale 4.6S5, average 4.6S6. June Il,
G. IL f. sale 40; June Is, G. & f. sale
4.69; June l6, sale to arrive 2l- 80
June 19; spot sale AS June p, sale to
arrive ass; June 90, C. & f. sale AS June
p, C. & f. sale 4 9-16; June 20, sale to ar
rive AZ. making net basis for that date
as cents, since which there has been no
change.
STOCK-Willet & Gray report under
date of 22, total stock four ports Unit
ed States estimated to be 2Sl, 1853 tons
against BITE tons same time last year.
Six principal ports in Cuba, $4,000 tons
against S0,0I5 tons last year. Total stock
of Europe and America, LAB, 263 tons
against 1,9S5,O13 tons at same uneven
dates last year Deficiency of stock is
now 24l,O00 tons against deficiency Of
102, 900 tons December 90 1898.
EASTERN AND FOREIGN MAR
KETS-Our latest mail adviCes show
fair amount of business having been
done on the basis of 9-16 cents for CEN
trifugals 96 degree test, but at the close
of the days business. further parcels
were offered at that price and not ac-
cepted by the refners. Refners are
quite busy receiving recent large arriV-
ais and have no room to take further
purchases of sugar in port for sale at
the moment. When they get a little
easier they may still accept sugars on
the present basis, unless in the mean
time holders become more persistent
sellers and accept a slight reduction.
We quote from c. Czarnikow's Week
ly Price Current, dated London, June
10, as follows:
Purchases of 1000 to $1,000 tons of
beet for America and Canada at cur
rent prices had the effect of raising the
August quotations temporarily from
lis. sgd to lis. 4lad. but they soon re-
lapsed to lis 3%d. and close at lis. Sd.
Our refiners did not follow suit, as the
demand for white sugars was not suffi-
GENTLY encouraging, and the margin of
less than Is. 41ad. against raw remains
unfavorable. There is one promising
feature to note, viz: that many retail
ers are raising their price for granu-
lated, which, if general. would enable
them to pay higher rates; the May eX-
ports from Germany continue to show
a decrease in refined, which should ul-
timately tell in this country, even If
/
falling off in eastern exports. The long
continued reticence on the part of con-
sumerS will work it's own remedy and
spectators have taken more interest,
large transactions for JulyAugust be-
ing reported at 12s 71ad.
THE statistical position has not i'm
proved yet and according to Messrs.
Willet & Gray, the imports into the
United States in January, June from
Cuba, West Indies and Sandwich ISL
ands, are still behind last year. so that
these sources of supply seem not to
have been depleted by shipments,
whilst the quantity of JaVas afloat is
known Brazil and Philippine deficien-
cies are discounted and Egypt, Mauri-
thus and other countries did not furnish
sufficient sugar last June-October, to
ma terially affect our forecast. Rain is
still reported from Java, and that might
delay early shipments; on the other
hand, Hamburg figures are naturally
at a disadvantage against the large eX-
ports of last year, whilst Germany has
improved little in May, and Austrian
stocks show the same decrease"
Last quotation of stock of the Amer
lean Sugar Refining Company common
1855, preferred III.
CALIFORNIA BEET CROP-The
last rains in the State benefited the beet
crops to the extent of about Is per cent
ana were Ielt most at CnlnO ana Hue
meme, and least of all at Los Alamtos.
where the crop will be very light. The
latest estimate of this years crop is as
follows: Alameda 5000 tons; Union 5000
tons, Chino 5000 tons; Hueneme 5000
tons, Spreckels (both) $4,000 tons;
Crockett 1000 tons; Los Alamitos 1000
tons; total 10000 tons.
RICE-Hawaiian none in market. De-
mand for Japan has increased rapidly
of late and it is now used here almost
exclusively. We quote Az cents sixty
days, duty paid. A slightly inferior grade
has been selling at cents but market
is now bare of this quality. A Japan
head rice is offered to family trade at
AS cents, duty paid.
COFFEE-The general condition of
the market everywhere is soft. 1t is still
possible to obtain highest figures for
very fancy grades but for others the
demand is light Sales reported in Ha-
waiians since the 90 of May, include S24
bags of various grades at prices rang
ing from cents to Is cents, according
to quality. Todays stock in first hands
in this market amounts to 963 bags.
JAPANESE THEATER AT HILO.
HILO. july S-A cOmDanV of actors