The Hawaiian gazette., 1900-05-15
ABOUT SUGAR
Latest AdviCes From
Mainland Market.
Williams, DimOnd and Company's
Letter Says the Price Is Lower
ed by Rein 'ries,

The latest sugar letter from Williams
Dimond a. Co, furnished for publication
by the courtesy OF Messrs. Schaefer a
Co, is dated May LIST, and contains moth
ing in regard to the selection OF Presi-
dent Dole as the first Governor of the
Territory of Hawaii. The letter states
that the tariff and navigation laws, as
now in force in the United States, are
included in the Hawaiian bill as passed,
while the prohibition clause is subject
to whatever restrictions the local Legis-
lature may put upon it. AS to the clause
providing for the deportation of the Chi
ncse and other Asiatics 1t is stated that
II has been eliminated from the bill en-
tirely.
Sugar prices have been lowered by the
reiineries; quoted at 1926 since April 90.
AS to New York refined, the figures are
unchanged since the same date. The cir
cular reads as follows
SUGAR.-Both refineries lowered prices
or the sd ult., as per following list:
Dominos. half barrels 5.75. boxes 500;
$50; Powdered. $50; Candy Granula ted,
$40; Dry GRADUATED Fine, 500; Dry Gran
ulated Coarse, 500; Confectioners A, 800;
Magnolia A, 4.G0: Extra c, 4.50; Golden c.
4.41. Dry granulated for export to Ho-
nolulu has also been reduced; now quot
ed since April 23d at 325
BASlS.-April Sd, spot sale 300 tons at
4 3-sc; c. & Il. sale 1,400 tons at Assoc;
April 9th, to arrive sale 1000 tons, Csc;
9Th, to arrive sale 800 tons, 7-16c; c. q
f. sale $500 tons 445c; 10th, $50 tons,
to arrive sale $50 tons, lie; 18th, spot
sale 1,2OO tons, 1-2c; 18th, spot sale 600
tons, lie; G. & f. sale 400 tons, able;
18th, spot sale 200 tons, 1-16c c. d F.
sale 1900 tons, 4.4Ic; Goth, to arrive sale
800 tons. 7-16c; 3d. c. & F.. sale 800 tons,
4.3S5c: 18th, 1900 tons, i42c; SOth, C. q f.
sale $500 tons, 4.45c; making net basis for
Island sugars that date, New York
45c fSan Francisco, 4.075c.
NEW YORK REFINED has remained
nchanged since our last advices; dry
ranuated still quoted at &c; equal to
95c net.
LONDON BEETs.-April Sd, los / I'D
5th, los lid; 9TH, los, 3-4d; 18th, los
los lid; 9th, los Sd; 2sth, los Id; and
30th, los Cd.
LONDON CABLE, April 18th quotes
Java No. 10 D. s., lbs 10 I'D fair refined,
lis cd: May beets, los 1-2d.
STOCK.-Willett & Gray estimate
United States four ports April 10Th, total
stock, 177,692 tons, against 2O2,397 tons
same time last year. Cuba six principal
ports. 10000 tons, against S6.OS6 tons; to-
tai stock in all principal countries at lat
est uneven dates, by cable April 18th, o.
cheney under last year, Ala tons.
EASTERN AND FOREIGN MARKETS
Owing to local conditions, the New
York market declined the first part of
the month, but improved toward the mid
die of the month, followed by a slight re-
action. Latest advices indicate stron-
favor of sellers. Cane sugars have been
in plentiful supply from the fact that
many ma. Cuban sugars hay, have been o ship ,I-
Pesses es seeeSs frem the southsde
ports, and it is thought that receipts
from this section of the, island will be
discontinued later on when they have
finished grinding.
Latest estimates of the Cuba crop have
again been reduced from 335,OOO tons to
$4,000 tons, and some authorities reduce
it to 100000 tons, say, nearly $1,000 tons
less than last years crop.
From Porto Rico we look for shipments
after May I'd, although 1t is thought that
these will not exceed 10000 tons, as the
total crop for export is estimated to be
from 10000 to $4,000 tons, a large portion
of it ready for export having already
been disposed of to United States rehn-
erS
Latest advices from Europe by mail in
dictate an increase in area of sowings
from per cent to per cent in Germany,
per cent to 10 per cent in Austria, about
per cent in Russia, and in France some
districts may reach as high as 10 per
cent The comparisons with sugar from
Porto Rico under the new bill are as fol.
lows: Porto Rico centrifugals testing SO
per cent will pay 0.253c per pound, equal
to s5.G61 per ton of 2,240 pounds. Porto
Rico Muscovadoes and molasses sugars
testing 50 per cent will pay 0.216c per
pound, equal to si.S3S per ton of 2,24O
pounds. AS against the Dingley tariff
rates on other cane sugars of 1,6S5c per
pound on centrifugals testing SO, equal to
$37.74i per ton of 2,2i0 pounds, ana LAC
per pound on Muscovadoes and molasses
sugars testing 50, equal to S32.256 per ton
P0LiTICAL sITUATIoN.-The Ha-
waiian bill, as agreed upon by the con-
ference Committee, has been passed and
recaiyed the signature of the President
April 30, and will, in accordance with It's
terms and conditions, take erect forty
five DAYS from and after date of the APP
prevail thereof, excepting only as to sec
ton SO, relating to appropriations, whlch
shall take effect upon approval. me TAR
if and navigation laws are the same as
now in force in the United States. The
prohibition clause is subject to reguia,
tons and restrictions as the Ierrllorial
Legislature shall provide The clause DE de
porting Chinese and other Asiatics mas
been eliminated from the bill.
COFFEE.-Stock of Hawaiians IN hrsi
hands today is l,552 bags, figures quoted t
in our last circular are still held, but Jop-
hers consider these too high, ana no sales
have been reported. Prices VIII probably
have to be reduced before business Gun
be done. unless there is radical change
i'm the condition of the general market
RiCE-The market for Louisiana Is
quiet, with but small offerings at 40, az
vanced figures We quote 3-ic 10 u l,Zc'
ported article is in like demand at Sic,
duty paid. There is fair STOCK OF 40
nestle from Japan seed. Price &c TO
3-4c .,
stree our last, an iron ship at lOs.
orders TO load wheat and barley. Con-
suming markets show no Improvement,
and with a scarcity of spot tonnage char
terers have shown little disposition to
operate At this writing we have one
free ship in port. held at ABS Cd orders.
Prospect for the growing crop continues
good. ,., d., =.
last rates. 80
s4s5 10: demand s4S9 Ia; New York, reg
MAR. - lee; Geographic, l5c.
ARRIVAIS.,APrii 3 s. \; CSste' J ao-
ME Wand Mahukona, Dora Bluhm, Ka-
hului; Falls of Clyde, Hilo; April 8. Mo-
80 sydney and Honolulu; April 6, Dor