The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1902-06-04
WILLIAMS. DrMoND & CO. REPORT

The monthly circular OF Williams
Dimond * Co. TO their local core
s~pondents. dated May IS and received
BY the Coptic. il as follows:
Sugar-So changes have since oc-
CURED in the local market or FOR ex-
port. prices established March 5th still
being In force.
Basis-Aprii = TO Is. no sales; 20
SPIT sale OF 1910 tons at , 7-Isc and on
same date cost and freight sale @oet
tons at 5.ffc: -. Ito arrive" sale 500
tons at , 7-isc: May ]. spot sale 2iO0
tors at sac; ?. spot sale Zoo tons nj
g@c. :. cost and freight sale 1000 tons
at &c. 5 and s. no sales: :. spot sale
900 tons at 1tzc: and on same date cost
AMI freight sale G0 tons at 35ic: s.
spot ale 2O00 tons at sac: 3. spot sale
200 tons al 5Lc: 10. no sales: Il. Ito ar
rive" sale 700 tons at 5i=c: IL and Is. no
sales: rs. cost and freight sale 1900
tons at af55c. and on same date. Ito
arrive" sale 200 tons at 2 7-iec: IL. spot
sale Zoo tons at , i5-3ec: - and 20. no
sales: n. spot sale 1900 tons az 3 1-iec:
q. sp0t sale $50 tons at , lie: .. spot
saie zoo tons at , Tic: "a. cOst and
freight sale 1000 tor at 5.fsc. and on
same date spot sale so tons At 3 1-lsc.
establishing basis FOR So degree centrif-
uFals In New York 18th inst af3sc: a
Francisco. 10stc.
New York CHARACTERIZATION OF 4.soc
equivalent 90 lHc net cash. establish
ed April 18th. continued In force until
April 7sth. on which day n reduction
Of i've points took place. establishing
a prise OF &c equivalent 10 Assc net
cash. This figure prevailed until May
%. on which date a furtaer reduction
/ OF fVr Dotnts occurred. establishing a
price % ISoc equivalent 90 ale net
cash: since that time no further chang
Londoa B@~ts-April p. g.: "A. SIS ia:
IS and =. 81 I'D: - md %. S. 2Ld.
20 TO May 2. So ID: .. So ed 5. g. l4d:
s and :. g. sE.d: . and 3. s. ga; 10. g.
SD; I. and u. S. t4d: IL. S. SD: u.
day: 20. s. slsd: Fl. s. 3zd: 2. IS 2&d:
"a. g. "a. q. So zId.
London CabIe-May 20. quotes Java
Nc. IS -. =. So: fair refining. s. Sd:
same dat. last year. lis Sd and los Sd
respectively. June Beets. SIS sisd.
against So 7tzd corresponding period
last
Sugar TeleEram-Just at hand dated
New York. May -. 1900. reads:
Cost and freight sale 300 tons equiv
alent in long price TO 3.s35c. Granulat-
ed unchanged: Beets. So I'D.
Consequently basis fos So degrees
Ce%ntrifugais in New York 2sth inst.
established by transaction recorded
above IL 1s55c. san Francisco 3.Osc.
Latest Statistical POsition-wiilett 4
Gray report May IS. T.. :. four ports In
all hands estimated May 10. 127.2 is tons
against eis.sss tons same date last
year. Six ports Cuba estimated May
u. so. 900 tons against iSe. 704 tons cor
responding period last year. Total
stock In all principal countries by ca
BILE May n nj latest uneven dates. D.
1t2 2tS tons. against 2.O35. 9s4 tons: in
crease over last year. 1.0Os.254 tons.
Eastern and Foreign Markets-The
progress Of events In the Raw Sugar
market throughout the period now un-
der review. reflects In a desree the
conditions previously prevailing as out
lined in our repOrt OF April -. 1902. At
first an Improvement In prices was
manifest while the strength and Arm
ness observable In the market augured
well for the future. Buyers views hav-
Ing undergone a change. however. due
In part TO the disappointing
for Refined. less favorable
conditions succeeded and easier prices
prevailed consequent upon the disin-
.ciination OF refiners TO accumulate
Recently offerings becoming
lighter n slight upward movement was
discernfbic. but latest mail report
from New York under date Of the END
inst. indicate practically
which appear to BE- borne
out by telegraphic advices since re-
In Europe. where prices have been
fairly well maintained with slight
although weakening at the
close. interest ~ conferred IN the esd-
mates OF Mr.. Licht and others OF the
probable decrease In beet sowings. The
belief H. now prevalent that he reduc-
ton will range from 10 TO II per cent
smaller figures having FIRST been pub
iished by Mr. LIGHT. as compared with
year for all Europe. The above
are no sufficient. however.
10 hold out much hope for any perma-
rNanN Nr4grREaau4.ns later .w IN The EnN- /
ues 81 beet sugars. Reports indicate
while the Brussels Convention bill
has met with opposition in certain
particularly in the Berlin
SIS recommendations will eventually be
generally ratified by h respective gov
eTum-nts.
Under the stimulus OF n decline In
prices greater activity was aroused In
the Refined market for n limit
cd period. but iatteFiy conditions have
been most disappointing 20 the trade.
particularly at this season OF the year.
consumption usually proceeds
vigorously. IL IL thought n a the de-
on he i2th vas agreed upon by
In order 90 check imPortatious
% foreign Refined.
The Cuban reciprocity bill - still un-
consideration in the Senate. and at
this writing the prospects 81 the pas
% the measure are apparently as
remote ~ when FIRST introduced. In
b meanw MI. the Hfc 81 IN. present
Congress IT, rapidly drawing to a close.
and a variety II other measures still
teuiaud attention. Cuban planters To-
uaci0usiy hold ON to their sugars In the
% the uitimat. passage q a bill
favorable To- their interests. although
are not wanting that owing
% their Increasing financial burdens.
planters arr weakening 60 a consider
extent.
- M
9th utt by the President. and the |
-nrma hnNr hen ~ur.NinuaiN outlined