The Honolulu republican. [volume] (Honolulu, T.H.) 1900-1902, 1901-01-18
LATEST QUOTATIONS ON
THE PRICES OF SUGAR
JANUARY PRICE CIRCULAR OF
WILLIAMS, DImcNp 4 CON-
PaNy.


REA -NARF0A LAa4 Sd7 GE.-Cl
Defender 5th. 1900
Sugar.-The local market and prices
for export continue unchanged Dr.
graduated for local consumption still
quoted az $3.50 and for export 5.loc-
Basis: December 5th to 18th. no
sales: 18th. spot sale POO tons at 1 CSC:
18th TO 18th. no sales: 9th. cost and
freight sale 900 tons al i-37c; like
wise on same date to arrive sale 200
tons at 4.375c; 18th 10 Jan Sd. 1901
no sales: 9Th, cost and freight sale
500 tons at 4.329c. and on same dase
spot sale 200 tons at 4.3I5c; since
which time no sales. establishing ba-
sis for 9e deg. centrifugals in New
York on that date, 4.35c; San Fran
cisco. 3-975c.
New York Refined-No changes
from Nov TO Jan. ,. 1901, declined
on that date to 5.35c. equal to 5-24c
net cash, since which no change re-
porter.
London Beets-December 9Th and
7th. SO; sth. 81 10; 10th, 90: 18th,
9-5 Ia 18th and 18th, 81 IL; 14thr
90 "a; 18th to 18th. go; 18th. 60 IA;
18th to 21st, 81 u: 22d to 18th. 8;
S1st. g. u: Jan. I'd and Sd. 90 81;
4th, g; 5th. 9l12
London Cable. Dec. S1st.-Quotes
Java No. Is D. S, lis Cd; fair refining
los Cd; same date last year. lis Sd
and los Cd respectively. January beet
sd against 9s ? lad same time
last year.
Stock.-Willett & Gray's report De
cember 9th: Total stock in U. s.
four ports in all hands. estimated De
cember 26th. 54,4S2 tons, against 211,-
465 tons same time last year. Six
principal ports Cuba, estimated Dec,
25th, $500, against $500 tons last
year. Total stock in all principal coun-
tries Dec 9th at latest uneven dates,
1.500.9S2 tons, against 1.5S7 .965 tons,
a deficiency under last year of S6.9S3
tons Total sugar crop of the world,
estimated grand total cane and beet
sugars to Dec. 9th, 9.375,50 tons,
against S,339,373 tons: estimated in
crease in the worlds production, !.
036. 127 tons
been blessed with general rains in
this state and the prospects for the
coming beet crop at present would in
dictate an abundant supply.
Eastern and Foreign Markets.-The
New York market throughout the first
part of last month, in spite of the in
difference of buyers, continued fairly
steady, but latterly the customary
holiday inactivity manifested itself
and the few TRANSACTIONS recently re-
ported were only for Immediate re-
quirements. The American Sugar Re-
fining Company has kept aloof from
the market entirely, and the views OF
other refners have been largely influ-
enced by the weakness displayed in
the London market, due doubtless to
the increased estimates, large stocks
and absence of purchases for Ameri-
can account. Accordingly latest re
ports indicate a downward tendency.
and a concession would require to be
granted in the event of further sales.
Mr. LIGHTS December estimate CT
the European beet crop, announced
the 18th nit. foreshadows a total pro
duction of $685. 600 tons. an increase
of 10000 tons over his previous fig
ures. and in some well informed quar-
tiers even this is thought to be rather
below the probable yield, for although
the estimates of the factories are
somewhat less, every indication points
TO an exceedingly large production,
which. in conjunction with the high
figures established in the cane esti-
mates for 1900-1901, cannot help ex
erting great influence on the worlds
markets. Nevertheless. in. determin-
ing values due allowance should be
made for the natural yearly increase
in consumption.
In Louisiana the grinding season is
practically over. and former estimates
of 100000 tons are maintained.
Reports from Cuba show that rain
is retarding sugar making, with CORE
spondingly small January shipments
in prospect. and there is now an inn
preston that Mr.. Guma's estimate IF
crop of $4,000 tons should be re-
duced TO 5000 tons.
The Java yield promises to be inn
mense. and some are of the opinion
that a total production of 100000 10
S50.00o tons may be reached, although
the official estimates are now placed
at 700, 900 tons.
Refined.-The New York market for
refined sugar has been exceedingly
quiet and conditions have become
more settled. although the trade shows
no inclination to buy more than suf-
fcient TO supply immediate needs.
Every indication points to the estab-
lishment of harmonious agreement
between Messrs Arbuckle Brothers
and the other refiners, whereby cut
ting of lrices of refined will cease and
q uniform list be established.
Charters-Transactions have bean
on limited scale since our last cir
cular. but rates have continued steady
Last transaction. a moderate sized
carrier at ss-3. and for vessels of
similar size 30 is offered. but owners
views are Alb. We have had general
rains throughout the state
Lumber freights continue firm at
last quotations