The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1901-12-31
SUGAR
p1MoND & cos AID
VICES.

VICES.
lrdcr date Of December 10Th, VIII
hdWs Dimond & Co. " san Francisco,
write to their correspondents here as
follows.
We la& had this pleasure the i4th
iUst1nt. per Alameda.
S1g1r--No changes have since occur
red In the local market or for export
to Honolulu, prices established Cd In
slant stlll being In force.
Bas,s-No sales since last advices.
consequently basis FOR 96-degree CEN
tfifugals In New York. established by
transaction recorded 9th instant SIN
remains at S.75c: san Francisco. 3.S15c.
New York Rchncd-Telegraphic re-
ports dated 18th instant show a reduc
ton OF ten points by the Howell refin-
cry and Messrs. Arbuckle Brothers over
previous quotation of 4.75c, equivalent
to i.65c net cash, still maintained by
the American Sugar Refining Company.
/ The Howell refinery and Messrs. Ar
buckle Bros. present price Is 4.6jc,
equivalent to 4.55c net cash.
London Beets-Dec. It, Is: Dec. Il,
IS 3.d; Dec. is, IS.
London Gable December 18th quotes
Java No. Is u. S. IS 1Oisd; fair refining,
/ Is l0iad; same date last year, rs 81.
I ard lis Sd. respectively. December
bects, is liAd. against 9s 4iad cores
nondng period last year. January
beets. rs 2hd. against 9s 5Ad same date
last year.
! Eastern and Foreign Markets-Sales
| apEregating 22,500 tons of European
/ hcets have lately been made for Am
| erican account, and the market abroad
for time was favorably influenced in
consequence. The advance proved to
! bc OF short duration. however. Ameri-
can refiners having since withdrawn
I No Loot nSia
row prevails. The chances OF any pro-
rouncsd Improvement In prices in this
country are necessarily diminished by
the transactions above outlined, since
it Is apparent that reiincrs can freely
enter the European market when de-
sirous OF so doing, and replenish stocks
! at will. On the other hand, the pros
! poets of legislation to admit Cuban SUI
cars at n lower rate of duty. while
not likely to pass before the end of
January. or some time in February, ac-
Cording to present Indications, are new
erthcless so favorable as to give pro-
Gucers there strong inducement to
hold back their sugars until Il prefer
entail duty becomes law. The limited
Offering resulting therefrom tends to
keep prices steady, and the market for
raws, according to latest mail advices
from New York under date Of 18th in
slant Is quiet and strong at current
quotations. Refined Is In moderate de-
mand, buyers showing no inclination
TO make purchases in advance of cur
rent requirements.
Duty on Philippine Sugar--The tariff
bnl presented by the ways and means
committee Of the House of Represent
tatives, covering trade between the
Philippine Islands and the United
States, framed in accordance with the
desires of the administration. passed
the house the 18th instant by vote of
1863 to l2S. BY the provisions of this
bill the Dingley rates on goods enter
ing the United States from the Philip
pines are imposed, as well as the rates
established by the Philippine commits
sion on goods entering the Philippines
from the United States. 1t also pro-
vides for collection of tonnage taxes on
vessels plying between the United
States and the Philippines, and that
foreign vessels may ply between these
ports until January !. 1865. The duties
and taxes collected under the provi-
siona of the bill shall go into the Phil
irpine treasury to be expended for the
use and benefit of the Islands.
Latest Statistical Position-Willett
& Gray report December 18th. United
States four ports. in all hands, esti-
mated December 18th. 127,550 tons.
against 59,5G0 tons same date last year.
Six principal ports OF Cuba. estimated
December 10th. $4,000 tons, against $50
tons corresponding period last year.
Total stock in all principal countries
by cable December 18th, at latest un-
even dates, 1,937,55O tons, against L.
437. 500 tons.
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