The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1900-01-17
SUGAR MARKET
The Williams DimOnd
Letter. >
Extra2ts From the Report Of WiIIett
& Gray on the General State
of Sugar Production.

The following are the latest advicss
concerning the state of the sugar mar
ket up to the sailing of the steamer
Gaelic on the 9Th instant. The iufor-
nation received includes the latest quo
tations forwarded by Williams, Dimond
& Co. to Messrs. F. \. Schaefer < CO. Of
Honolulu and excerpts from the resu-
lar circular Of Messrs. WiIlett & Gray:
SuEar-There have been no changes
in the local market nor for export %
Honolulu.
Basis-No changes and no sales re-
ported mp to Jan. >. making net basis
for Island sugar here 3Isc.
London Bets December % 10 %.
9s 2Ad: 3Oth. 9s I'D January %, Sd.
18th and 9Th. 9s 2t4d.
Duy Granulated-Sti quoted In the
/ New York market at 1860 4.S25c.
/ Eastern and Foreign Markets-Latest
mail advices from New York under
date of December 80 report the year
closing with very quiet market for raw
sugar without transactions, but quota
lions firm at 4ttc for SO degree test cen
trifugals. European markets un-
changed and quiet. Latest advices from
Russia indicate an increase Of 10000
tons in their estimates.
Beet purchases for the week ending
December 18th for American account
are estimated at from 5000 to 10000
tons. Latest reports from Louisiana
indicate the season closed and crop the
shortest made i'm many years; and it is
generally believed that the crop will
, be about 10000 tons. against 224.0O0
tons last year, and 10000 tons in
] 1S97-9S
, Cubar reports cane very green and
, | grinding delayed in consequence. but
expected to be general by February.
, Latest statistical position, according
to Willett & Gray, December 2Sth, total
stock in all hands estimated December
! 9th. 211. 1865. against 100. $40 tons last
; year; Cuba six principal ports, $500
3 tons. against 5.7O7 tons last year. To-
tai stock in all principal countries at
s latest uneven dates by cable December
z 2Sth. 1.OS7,965 tons. against 1.03l,9i2
tons: excess over last year, 56,O23 tons.
: Latest report OF sugar crops OF the
: worlds grind. total cane and beet SUI
3 gar. S474. 900 tons. against 7.91i.52l
/, Hast year; estimated increase in the
:. worlds production, 499479.
( London cable. December Goth. reports
Java No. - d. s. lis Sd; fair refining
z los Cd; January beets. IS pad.
q We are still having general rains al
over the Pacific slope. and indications
= continue very favorable for the comin2
,, crops in this State.
b, The following are extracts from VII
lett & Grav's circular Of December 2sth
Statistics by Special Cables.-Cuba-
The six principal ports Cuba: Receipts
= none; exports. none; stock. 1900 tons
= against 5.7G7 tons last year.
0 Europc- Stocks in Europe, 5000
10 lions. against $50. j95 tons last week. an'
- 919.715 tons last year. Total stocks o
" Euroue and America. l..0SI963 tons
-. against 11OG,377 tons laet week. ant
( 1881 .912 tons last year at the same nm
: even dates. and 1.25G.A5S tons at ever
Z date of Nov LIST last year. The eNces
Z Of stock is scoops tons. against an eX
8 cess Of %. $50 tons last week. and de
. fciency of 1921 tons December 29tf
= 1898.
81 Hamburg-Eight thousand, seve
hundred and fifty tons shipments
g raw beet sugar to America from Han
q burg and Bremen this week; 1000
Raws.-The Christmas holidays II
H0 terrurted business both here an
9 abroad and but few transactions wei
. rpnorted for the week. The year enc
e in a very quiet steady way. with Gel
e trifugals firm at Ahc per pound TOT
& degree test basis. which is l-l6c p'
s pound below the opening price OF u
6 year.
& Rafned.-The market remains a-eao
g and unchanged. with a fair demand Il
the closing OF the year. We 40 n
hear that much buying has yet resuIt'
= from the new terms coming into pla
n next week All the refners are not
o agreed upon terms and conditions
On sale especially as regards guarantee
There are rumOrs OF guarantees
* inri1 1st but the DOscher refinery
fusa auv guarantees and the Howell 7
& freries are mostly ont Of the mark
& not running at present time. ArbucF
Z Is selling at net prices TO oil section
~ MEETINGS are reduced again by the no
davs. but arc sufficient for the demaI
RrcaiDts for the week were sma
10 csc tons. MEETINGS reduced a.
. toms no % GOO. and stocks 2ll.if5 tot
* ,oafnst 2l3-S2 tons last week,
% loo 500 tons last year. Next week
- viii give our annual summary oi
trade. consumption. etc.
- Tfcn+ has increased his estimate
- -bo r-rrore9n beet crop 20 5.4SH'
= 'tors against 49si. tons last ca
= paign.
"a EXQUISITE RUGS.
= 70 ,.,,, want 20 decorate your boz