The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1900-02-05
ABOUT SUGAR
Latest Quotations on
The Market.
The Effect of the Plague Upon Ship
ments--Porto Rico and Phi
lippine Duties.

est quotations are from kilograms to |
Williams, Dimond & Co. of San Fran |
cisco, and are furnished for publica- |
F. A. Schaefer & Co. of Honolulu. 9th
er matters of interest to Hawaii are
taken from the latest circular of Will |
lett & Gray, who touch upon the effect
of the plague upon sugar shipments !
and the duty upon Puerto Rico and
Philippine sugars. The following is
the weeks summary:
Sugar-Changes were made in the San
Francisco market the afternoon of Jan.
16, dry granulated being advanced to
&c and sugar for export to Honolulu to
314c for dry granulated, since which
the lists have again been changed,
Jan. 10 another advance of Is, making
dry granulated in the local market
51sc, for export to Honolulu $3.50, since
which no change reported.
Basis-Was advanced on the 18th,
cost and freight sale, 1900 tons at f: IA,
again on the 18th, spot sales 1,500 tons
at AS, since which no sales reported,
making basis for Island sugars, Jan.
%, New York, 43sc; San Francisco, &c.
! Dry Granulated - Continued I'M
changed until Jan. 10, when it was adj
vanced IN the New York market to
sc less 1 per cent, equivalent to 495
net, since which no change reported
London Beets-Jan. II, 9s 41ad; 18th,
IS 71ad; 18th, SIS Cd; goth, 9s 71ad; 22d,
IS SID; 23d, IS 71ad.
n
est mail advices from New York, I'M
der date of Jan. 10, report market
steady and strong at current quota
tons, 4ss bid for cargo of Demerara
centrifugals, while sellers are holding
for lis advance, which buyers are
not yet ready to pay. Offerings light
and conditions favor sellers. Euro
pean markets quoted little easier for
beet sugars. Contracts for May deliv-
cry offered at IS 10@d; Oct.-Dec. deliv-
cry, 9s AID. All conditions, however,
point to continued steadiness in the
raw sugar market.
London cable, Jan. 10, reports Java
No. 10 d. s., lis Sd; fair refining los
Cd; Feb. beets, 9s 71ad, as against IS
2Ad same date last year.
Statistical position-Willett & Gray
report total stock in all hands estima-
ted Jan. II, 1922 tons, against 80, 1873
tons same date last year. Cuba six
principal ports, 1,4O0 tons, against
Z ,955 tons last year. Total stock in all
. principal countries at latest uneven
! dates, Jan. Is by cable, 1,473,621 tons,
] against 1,42S,165 tons; excess over
} last year, As, 456 tons.
} We would call your attention TO ar
J ticle in Willett & Gray's Weekly Cir
J cular, dated Jan. Is, on the Interrupt
: ton of receipts of sugar on account of
. the plague in the Islands. 1t may be
} of interest to you to know that the es-
! timated total consumption of refined
\ in the United States during 1899 was
4 2,O40,676 tons, of which the American
\ Sugar Refining Co. supplied 679 pei
= cent, Independents 28.7 per cent and the
4 beet factories 81 per cent, foreign re-
Z fined g per cent, while the pre-,
: vious year total consumption was l..
: S55, 533 tons; American Sugar Refining
Co. 67.2 per cent, Independents 29.s
per cent, beet factories Is per cent
foreign refined. 1.S per cent. The diff
ference between raw SO degrees anC
refined averaged during 1899 soc pei
From Willett & Gray.
1t is possible that there is some an
j ticipation of interruption of receipts o
4 sugar from the Sandwich Islands OF
i account of the outbreak of the bubon
n ic plague in the Chinese quarters o
Honolulu. We learn by wire of q
deaths thus far in that city The Ha
waitan Gazette, received this week
gives report of extraordinary effort
making by the Government to limi
the plague to the Chinese district, Chi
natoWn being entirely surrounded witt
n a guard of Government soldiers. Lat
4 arrivals at San Francisco of sugar from
Honolulu have been detained in quar-
antine and fumigated before landing
shipments of Sandwich Islands sugar
could be effected from three ports 9th
er than Honolulu and as there is n
evidence of the plague at those places
Shippers may avoid Honolulu and for
ward their sugars from the other ports
With this plague now in Australia
Manila, Brazil and the Hawaiian Isl
ands there is some danger, to say tn
least, or 1t obtaining a foothold her
- sooner or later. Very large purchase
OF raw sugars have been made by on
refiners in Europe the past weel
which will come in opportunely If an
interruption of receipts comes froI
other countries. The position of suga
Is very strong and we recommend tn
carrying Of full line of stocks.
Porto Rico and Philippines.
Congress is now considering tn
7 question of duty on sugar from Puert
\ Rico. The question of tariff on prod
' ucts of the Philippine Islands is nc
likely to come up for some time,
view of the unsettled conditions of a.
fairs in the islands, The Presider
has recommended that the products {
Puerto Rico be admitted free into th
United States proper. This is bein
vigorously opposed by the represents
ffr-rae - To-, AZ H.. rse r.sAs