The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1900-04-10
"SUGAR FIRM
San Francisco Market
Unchanged.
The Latest AdviCes From San Fran
cisco, New York, and the
European Markets.

Wuliaps, Dimond & Co.'S latest ad-
vices relative to sugar dated at San
Francisco March 81, are furnished
through the courtesy of F. A. Schaefer
* Co., and are as follows:
SUGAR-No changes in the local
market nor for export TO Honolulu
since March %
BASIS - 23d, cost and freight
sale POO tons at 4.i5c; 900 tons at
{ 7-16c: oath, cost and freight sale $50
tons at 4.435c; 10Th, $500 tons at 4.45c;
27th spot sale 700 tons, 4.4375c; cost
and freight sale $50 tons, i.45c; 5000
ions. 4.4Sc; 2Sth, $50 tons, 4.4Sc; 29th-
goth. no sales reported, making net ba-
sis March 30, New York i.4Sc; San
Francisco 4.1Q5c.
/ 1 I'D.
DRY GRANULATED-InN New York, I
no change reported since the 18th; still
/ ouOted at &c equal to 4.95c net.
EASTERN AND FOREIGN MAR
/ KETS-Our latest mail advices, under
date of March 18th. report market
steady and firm, but offerings very
light. The advance i'm price and large
sales. are attributed to several causes,
among others the disappointment In
not receiving larger supplies from Gu
ba, which has advanced sellers ideas
there, also the advance and steady
nrice of beets on the Continent. Euro
, pean market is supposed to have been
somewhat affected by the recent ad-
vices. indicating that the syndicate OF
| German refiners was an accomplished
fact. and although its operations 90
not begin until September goth, 1t has
apparently caused considerable buying
in Europe. which may possibly be the
reason for the recent advance.
STATISTICAL POSITION of sugars
accordin TO Willett Gray
March ODD, total stock. United
States four ports, 1852 tons agains
190,S12 last year. Six principal ports
Cuba. March 2lst. $4,000 tons agains
Sc 500 last year. Total estimated ex
port and consumption of Cuba, Janu
airy 1st to March 31st, $4,000 ton
against "A, ZOO last year; total supple
estimated this year at 100000
against 349 900 last year. Total stoc
in all principal countries latest uneye
dates, 2.373,6 $50 tons against 2,33S,O6'
excess over last year 35,615.
POLITICAL SITUATION Moth
ing accomplished on the POI
10 Rican tariff question, a.
though it is constantly before Cor
ZreSS. ana We InlUh dSSAoh
soon be taken and 1t looks probabl
- that they will establish a duty of
per cent of the rates under the Dlnt
ley tariff bill.
WiIlett & Gray's circular of Marc
% contains the following general 81
gar statistics:
This weeks summary of the statist
cal position shows stocks in the UNI
ed States and Cuba together OF 1855
tons. against 249,450 tons last wee
- and 257.3 12 tons last year, an increa
of 80 tons over last year.
STATISTICS BY SPECIAL CABLE
Cuba: The six principal ports. *
ceipts. $500; exports. 200; stoc
113 600 tons, against $500 tons Ia
wear; 1O9 centrals grinding again
112 last year.
EUROPE - Stocks in Europe.
$4,000 tons, against Zilz,'
tons last week, and 2,Os0,755 tons /;
wear. Total stocks of Europe
America, 2,373.6S2 tons, against
361.45O tons last week, and 2,33S,'
- tons last year at the same uneV
dates and 2,33i.9i5 tons, at even Oh
u of March LIST last year. The excess
stock is 5,615 tons, against an exc
of 40. 9O4 tons last week, and an exc
of 56 O23 tons December 2Sth, is
HAMBURG-775O tons OF raw b
sugar to America from Hamburg q
Bremen this week; $4,000 tons enga
ments No refined shipped.
4 notable feature of the week, a.
is the latest news coming from the
ba crop. Disappointment Is appar
AT the early ending of the crop, "
results on many estates far below
ticipations. One estate expecting
600 bags gets but 5000 bags; anot
expecting $1,000 gets 5000; anot
expecting 1OO, 5000 gets 10000.
The spring planted cane sune
from drought, but a considerable
cheney is accounted for by the fact
planters have found it more protts
this season to sell their cane for s
than to grind it. While this short
the present crop Il will enlarge
next crop. The poorer results are
arch shown in the reduction OF centrals
grinding TO 1903, against 100 last W
nau and III last year, giving only 10
tons receipts for the week against
500 tons last week ana ID
tons for corresponding week last
In view of these facts We are obi
to reduce our Cuba crop estimate
3g5. 900 tons, with the pTOviso OF
m Their reduction to a possible 3I'
iii tons crop in the end unless some
AAA proviug features Intervene. Ano
notable feature of the sugar situa
which Is of importance is the fact
. the short domestic crop OF cane su
mr. in Louisiana is virtually already
Hill hausted, and that market must
Iii draw for its raw sugars mainly on
vV European beet sugar markets until
p new Louisiana crop is available.
. consideration OF the fact that ref
nm capacity in New Orleans Is largely
- r To civ
plies of refined to the country We
the Mississippi river, that market
now on must receive greater cons
G5 alton in the movements Of the
world. We give every week the fil
for New Orleans as well as San