The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1900-12-14

Williams, Dimond q Co., under date
of San Francisco, December 3, thus dis
cuss the sugar market.
Basis.-No sales since last advices,
making basis for SO deg. Centrifugals,
New York, 4.37c, San Francisco, 3.995c.
New York Refned.-No change since
November 18th; price, as previously
quoted, being on that date 5.45c, equal
to 534c net cash.
Stock.-Winett & Gray report Nov.
%, total stock L. S. four ports in all
hands estimated Nov. q, 74917 tons
against 1872, PAP tons same time last year.
Six principal ports Cuba estimated
Nov. 90 LOO tons against $4,000 tons
last year. Total stock in all principal
countries by cable Nov. %, at latest
uneven dates, 63l, 6l7 tons, against 1S9,
ZAP tons; deficiency under last year 49,
1875 tons. Total sugar crop of the world,
estimated grand total, cane and beet
sugar to Nov. 22d, 9,2lS,000 tons against
1928, $50 tons; estimated increase in the
worlds production 1874, 314 tons.
Eastern and Foreign Markets.-East-
ern market during the past month has
been firm and steady with buyers at
current quotations, but receipts are
light and transactions infrequent. Re
finers' stocks have accordingly decreaS-
ed, but late reports indicate that con-
siderable purchases have been made in
the European beet sugar market for
American account. Mr.. LIGHTS esti-
mates of beet sugar remain at 5,SOO,OOO
tons, although recent figures from
Austria, Germany and France have
been most favorable for large yield
The market, however, is firm and ad-
vancing and the purchases for Ameri-
can consumption have doubtless tend
ed to counterbalance the effect of the
present large production. In Louisiana
unfaVorable weather reports viii neceS-
state q further reduction in the crop
estimates, the present unseasonably
warm weather having bad effect on
cane Latest advices from Cuba show
that the cane fields are in splendid
condition as the result of favorable
weather and the yield is estimated at
600, 600 tons, although it is probable that
shipments will not be made as soon as
expected insomuch as grinding opera
tons are likely to be delayed to give the
canes better opportunity of ripening.
California Beets.-Rains have been
general throughout this State during
the last month and should there be a
continuance of such conditions, most
favorable yield may be anticipated
Refined-New York market for re-
fined sugar has been somewhat un-
settled owing to the reduction from list
prices of Is points announced by
Messrs. b. II. Howell, Son & Co. and
MeSSrS. ArDucKle BROS. on NOV zou'
although these prices have not been
met by the American Sugar Refining
Company, and net quotations conse-
quently continue unchanged. Buyers
have, to some extent, taken advantage
of the present situation and sugar has
been in fairly active demand, and al
present there seems to be no indica-
! tions as to when the market will be-
come settled.
Coffee.-Hawaian stock in first
hands today is 2,207 bags. We quote
nominally as follows for strictly fancy
washed, 16 to 161ac; superior washed Il
| to 1874; prime washed, IA to 14%c; good
washed, u to 131ac good current quail
| ty, II to 11%c. There is no demand and
| the market is weak.