The Honolulu republican. [volume] (Honolulu, T.H.) 1900-1902, 1901-08-18
REFINED PRICES SHOW STILL
FURTHER DECLINE OF
TEN POINTS.
Stock in All Hands at -Four Ports
Nearly Double Last Years On July
si-Iarse California Beet YIeIe-
Strike Affects Charters.

have since declined July Il, ten points,
July Is ten points, July Is thirty
points. and August 5, q further de-
cline OF ten points on some grades
OF sugar occurred. and on others OF
thirty Ave points Western Sugar Re
timing Company's latest list for Cali
fornia. Oregon and Washington is as
follows: Dominos. half bbls, 5.65c;
boxes. $500; cube 4, crushed and fine
crushed. 5.40c; powdered, SIS; candy
granulated, 5.25c; dry granulated. fine,
5.l5c; dry granulated, coarse, 5.l5c;
fruit graduated, 5I5c; beet granu-
lated t100-lh bags only. 5.05c; confec-
TONERS A. 5.15c; Magnolia A, Also;
extra c. 4-65c; golden C, 1850 Similar
reductions were made for export
price today for Nevada, Idaho. Alaska,
Hawaiian Islands. Arizona. Utah, Wy
oming. New Mexico and Montana be
/ ing 4-S0e for dry granulated
5ssis-July S. no sales: sth. cost
and freight sale 200 tons at 422e: 10th
cost and freight sale 200 tons at 4.IS5c
and sale same date although not re-
ported until July 18th, cost and freight
sale $50 tons at 4.22; 18th to 18th no
sales; 18th spot sale 900 tons at $50;
18th to 18th no sales; Goth spot sale
1000 tons at 5-32c; 9th no sales;
18th spot sale 1000 tons at 4 5-32c;
10th no sales; 31st cost and freight
sale 500 tons at 5-32c; August LIST
IS pot sale 1,500 tons, 5-32c: I'd to
9Th no sales: It'll spot sale 250 tons
at 4 5-32c; Sth. spot sale 1.500 tons
at 1-Sc. establishing a basis for 90
deg centrifugals in New York on that
date 4-125c; San Francisco S.75c.
New York Refined-No change from
June 26th to July 18th, when re-
duction 10 $50 occurred, equal to SIG
net cash. This quotation continued in
force until August 3rd, when further
reduction to 5.20c took place, equal to
5.10c net cash, since which no further
change has been reported
London Beets-July Sth to 10th, 9s
Sd; 18th to 18th, 9s I'D; 18th to
18th. IS 21-4d; 18th to 2Sd. 9s Cd;
oath. 9 lad: 18th, 9s 8 sd; 26th,
9s Sd: 9th to 30th, 9s sid; S1st,
9s Sd; Aug. 1, 9s I'D; Cd. 9s Sd; Sd
to It'll, 9s Lid; Sth, 9s.
London Cable-Aug. 3. quotes Java
No Is D. s., los 10 1-2d; fair refining,
9s Sd; same date last year, lbs Sd and
Us Cd respectively; August beets, IS
I'D against lis Led same period
last year; September beets, IS 3-4d
against lis I'D same time last year
Stock-Willett & Gray report, Aug
ust /, q. S. four ports in all hands
estimated July 31st, 252, 499 tons
against 133,2S7 tons same time last
year. Six principal ports Cuba, esti-
mated July Both, 100, 500 tons against
II 1874 tons corresponding time last
year. Total stock in all principal
countries by cable, Aug I, at latest I'M
even dates, 1927, 4444 tons against l.
0O6,633 tons; increase over last year
320.S11 tons. Total sugar crop of the
world, estimated grand total cane and
beet sugar to July %, 1901, 9.521. 1881
tons against S.474.9S5 tons last year;
estimated increase in the worlds pro
duction, 1,046,S96 tons.
Eastern and Foreign Markets
Throughout the early portion of the
month under review customary holt
day inactivity was manifest in the raw
sugar market Refiners evinced little
desire to increase their supplies, al
though arrivals were heavy, while on
the other hand sellers were indisposed
to force their sugars on the market,
1 anu "a QQOAdliOuS were EuS-
tanned. Latterly the pressure to sell
became more pronounced and business
was brisk for a period under the slim
ulus of slight concessions in price.
Receipts have since fallen of. how
ever. and latest mail advices under
date of Sd inst, indicates quiet mar
ket with the principal buyers less
anxious TO operate European markets
were firm for time. but gradual
decline appears to have set in, al
though fluctuations are observable.
superinduced doubtless, in a great
measure. by varying reports Of the
weather conditions with the conse-
queut effect upon new crop estimates
Late advices indicate an increase in
the new crop. probably not far short
of 400. 900 tons, although at this writ
ing it is too early in the season TO
prognosticate with any degree Of &C
curacy. The tone of the market there
has exercised little If any influence
upon the situation in this country On
| the ether hand, transactions in Javas
are reported from New York upon
terms Indicative of confidence on the
part of operators in the stability of
the. market 4 feature. however.
which initiates against the prospect
of any pronounced improvement IN
Talues for the immediate future Is a
large stock of unsold Cubas still stor-
ed in the Island. which il would seem
must be marketed shortly in view of
the near approach of the new crop
and the likelihood Of deterioration in
test during the period of storage. The
weather continues favorable for the
next crop.
Refined-The demand has been less
vigorous than formerly existed during
the month Of June. and new business
Is small according 20 latest reports.
The irregulaTity IN list prices between
the different reeners. a feature thro'-
out the mouth Of July. although bal
aneed usually By private arrangement
between reener and customer. was
succeeded By a greater uniformity In
prices consequent upon the reduction
/ in list quotations of all grades. 1oe
annonneed Sd inst BY the American
Sugar Refining Co. Re6ners have been
behind IN deliveries. but lately are
catching up 70 some extent
California Beets - Recent reports
from the various faetoHes in this
State ennfirm urevfOrs aSsvfce< 81 4