The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1900-10-25
SUGAR CROP PROSPECTS.
MARKET TENTENCY REPORTED
DOWNWARD.
Williams, Dimond e Cos Monthly Cir
cular of Prices current-Estimates Of
the Worlds production.

Williams, Dimond & Co., in their cir
cular dated San Francisco, October 16,
received by the steamer Queen say:
our last circular per Australia was
dated September Is.
"Sugar.-Prices in the local market
have since declined October 8, in the
morning 10 points, and again the after
noon 20 points.
'Basis.-Septembe Is to October 9
no sales; October 8, spot sale $50 tons
at 4.9l; 9th, cost and freight sale 800
tons at 4.76 5th, to 10th, no sales. 18th,
spot sale 25O tons at Az, since which no
sales, making basis for 90 deg. centri-
fugals in New York on that date 4%c,
San Francisco, 4%c
New York Refined.-No changes
from August 80 until October 3, de-
clined to 5.6Oc, equal to 5.49c net cash,
since which no change reported
"Willett q Gray report October g.
total stock L. S. four ports in all hands
estimated October 3, 1920 tons against
175.SS4 tons same time last year. Six
principal ports Cuba estimated Octo-
Der ?, $500 tons against 1880 tons last
year. Total stock in all principal coun-
tries by cable October A. at latest I'M
even dates, 800, $50 tons against 726, S42
tons; deficiency under last year 334, 312
tons. Total sugar crops of the world
estimated grand total cane and beet
sugar to September 9th, $780, 757 tons
against 1892, 062 tons; estimated in
crease in the worlds production 33S, 695
tons.
THE Eastern market the past month
shows no rarked change over the stu
alton prevailing the preceding month.
Supplies continue to arrive in greater
numbers, sales of Demeraras, Javas,
Peruvians and Beets having been re-
ported, but nevertheless the offerings
in general are still infrequent and the
latest reports indicate a quiet market
with quotations nomnally the same. 1t
is thought however, when supplies be-
gin to arrive more freely a further de-
cline may be looked for in sympathy
with the reductions now being made in
European markets. The refined market
has been GemoraliZed by a considerable
break in prices, but latest advices in
dicate a better demand at current quo
tations. On the continent crop opera
tons have not yet started. and excess
sively dry weather prevailing elsewhere
renders harvesting difficult, and delays
the beginning of factory work notwith-
standing the extra price obtainable for
early sugars. 1t would seem therefore
that quantities of new sugar can hardly
appear in the market before the second
half of October. In Javas there is now
no longer any doubt that the ship
llltIlS u Ills country lIDlll llldl lSlduu
will be fully 100000 tons smaller than
those of the previous year, accounted
for by larger shipments made to China,
Japan and Australia this season, in
fact the last country has already COM
menced to buy Javas of the coming crop
for June shipment. Latest reports IN
regard to Louisiana crop indicate pros
poets good for profitable yield as the
weather is hot and propitious for cane.
Mr.. LIGHTS latest estimate of the beet
crop under date of September 2S is as
follows: This season, 5,355,OO0 to $685.
600; same time last season, 1880, 900 to
$3.50, 600
"COffee-Hawaiian- our last cir
cular sales have been reported to the
amount of about 400 bags at prices
ranging from 1c to lac decline from
former valuations. The stock in first
hands remains about the same as last
reported and jobbers are well supplied.
"Rice.-There is no Hawaiian in the
market and none of the new crop of
Louisiana has as yet come to hand.
Jobbers still hold considerable of the
old crop and are trying to work it off
before buying the new. We quote
Louisiana at Sc to &c according to
grade