The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1900-04-10

This rise from 1854 seems about |
enough under prevailing conditions of |
.he Trade and the short interests yet |
uncovered may have things their way
again for a while
. SUGAR FOR INVESTMENT BE |
cause sugar stock is a good invest
ment at or below par, il Is not neces-
sary to climb for il when the shorts
put it UP on themselves. There is
plenty OF time yet TO buy for invest
ment in all probability Many small
lots, however,, have been taken and
put away this week even on the adj
vance. as shown by the tape"
COFFEE.-The worlds visible sup
ply Mar. | was 6,4ii,J $50 bags, against
6.J6l .167 bags last year. Receipts for
week ending March l7th, o. 600 bags.
against $4,000 bags last year. Stocks
in United States March 10Th, 1.256, l55
bags Brazils, against I ,2S3, 2S4 bags last
year. Stocks in United States, other
kinds. March 18th. 30S .S29 bags. against
275,S75 bags last year. United States
visible is 237 1913 bags, against 1872
2S5 bags last year. Market is very dull,
closing with March contracts $50 10
$50, and without change in green and
roasted cOffees.
PORTO RICO TARIFF BILL.-The
majority party in the Senate have
greed to pass this tariff bill as a sep
arate measure and not attach il TO the
/ bill providing for the Government OF
the island The indications now are
| that the tariff bill will be voted on by
/ the Senate early next week. and that
/ it will pass as il came from the House,
providing for the assessment OF 10 per
/ cent of the present rates of duties, in
/ which case it would not be necessary
10 send IL to- a conference committee
Of the two Houses, but 1t would go 70
the President direct and be signed by
him at once and be put in force imme-
diately. The effect in the sugar trade
? of the passage of this bill will be tn,
[ putting on the market to be sold 70
? prompt shipment, all the sugar mad
e thus far this season and held in tn
!. island pending this legislation, tn
n quantity now amounting to about 10.
: 900 or 90, 900 tons. Sellers will deman
S full prices for these sugars, but buyer
Y will ask for a reduction in view OF tn
= saving of duties, but, as cane sugar
n are wanted and as there will be som
l. competition for these desirable SUI
If plies, it is likely that but little conce:
ID sion will be necessary in making sale
10 PORTO RICO TARIFF-JUDICIA
Is DECISION.-A decision has been rel
IL dered by the United States Circu
lie Court denying the application made
importers for an Injunction to restrai
s. the Collector of Customs from asses
V. ing duties on merchandise imports
ed from Porto Rico, the importers clair
st ing that the island is a part of Il
is United States. The decision stat
st that complaints have an adequat
X summary and expeditions remedy
u law under the Customs Administrati
ms Act" This decision sustains the de-
es sion rendered by the Board of Genel
as Appraisers. adversely. to the prote:
ok of importers against the assessment
en- duties on Porto Rico sugars, viii
4; were brought into the United Sta
since the ratification OF the tres
h with Spain. (See our weekly paper
Dr. February 18th, 1900.
al LOUISIANA CROP.-The weatl
IN during the week has been favorable
Till the new crop. The temperature
Bile considerably, but was not cold enor
10 to do any harm. At New Orleans, Il
lg- est temperature. 40; highest tempe
ture, 40.
rch Rapides, March 18th, 1900.-The C;
SUI crop in this vicinity is considered s
so far as cold is concerned. The pla
sti- ing was completed some two We
hit since. The quality of the seed c
6S2 was very fine, considerably above
eek average. A large acreage is in C
ase this year, and We hope for big CT