The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1902-11-14
SUGAR


Williams Dimond a Company. writ
ing 10 y. A. schaefcr q Company uu-
der GATE II November cth, say of the
sugar and commercial situation.
sugar No changes have since oc-
Cured In the local market or Tor eN-
port, prices established March 9Th with
supplementary list OF Sept 18th. still
being In force.
Basis oct 9Th To 18th. no sales;
18th. ito arrive" sale $50 tons at 3iac.;
18TH and 18th. no sales; lith. cost and
freight sale 1900 tons at 3.57C, 18th to
goth, no sales: 2lst. ito arrive" sale
$500 tons at 3Nc.; I'D TO Nov. Let no
sales. 80. spot sale 500 tons at 3ssc.
4th, holiday; 9Th, ito arrive" sale 500
tons at Csc. establishing basis for 80
centrifugals In New York on that date
3.e25c., San Francisco. 3.25c.; 9th, no
sales.
New York Refined Quotation ij0c.
equivalent TO 4.4ic. net cash. established
oct. Sd, continued in force until Nov.
9Th, on which day a reduction of ten
points occurred, establishing a price of
i.40c., equivalent to 4.3lc. net cash.
since which no change.
London Beets:- oct. 4th and 9Th, Is;
eth to 14th. rs 14d, 18th. rs 214d; 10th,
* Sd. 18th and 18th, rs ED goth, rs
Sad; 21st and 22d. rs Cd; 23d, Is 6Ad;
Path. Is Sd: 25th, holiday; 18th. Is Cd;
18th. rs 6%d; 29th and Goth, rs Cd; 31st.
rs 4i2d; Nov. LIST and 3d. rs Cd. 5th,
Is 4iAd; 9Th, Is AID.
London Cable Nov. LIST quotes ia
va No. 10 ID. S, 9s; fair refining, S. Sd !:
same date last year IS 7Iad and Is 712d
respectively. December beets, Is GA
against rs 80 corresponding period last
year.
Latest Statistical Position Willett
d Gray report oct. 30th. u. S. four
ports in all hands estimated oct. 29th,
164, 977 tons against $50, 1893 tons same
date last year Six ports cuba esti-
mated oct. 2Sth, $1,000 tons against
5s,l42 tons corresponding period last
year United Kingdom estimated oct.
23d, 12S,000 tons against 1926 tons
same date last year. Total stock in all
principal countries by cable oct. goth,
at latest uneven dates. 1,274,477 tons
against 576,S27 tons; increase over last
world: total cane sugar production.
3.726, 900 tons against $685. tons pre-
vious campaign. European beet sugar
production G'chD, $3.50, 900 tons against
6,S43, 03S tons last year. United states
beet sugar production (Willett & Gray
estimate). 10000 tons against 1853, 12f
tons last campaign. Grand total cane
and beet sugar, 9,772.000 tons against
10,S15. $50 tons. Estimated decrease In
the worlds production, l,103,6S0 tons
Campaign 1902-1903.
Eastern and Foreign Markets. APP
parent Indifference marked the con-
duct OF buyers ard sellers alike
throughout the earlier portion OF the
period under consideration, and trans
| actions for a considerable time were
reduced to a minimum. In the face OF
bountiful supplies Of raws refiners
evinced little desirc to enter the mar
ket, the tendency in this direction being
the more pronounced by reason of the
| light demand for Refined, a new feat
ure having been injected into the stu
alton by the entrance OF domestic bee
sugars into active competition with re
iiners product. The California factor
les are recently contributing their quo
! Ia to the extent of 1000 tons to tn,
New York market, both rail and steam
er shipments, as per recent announce
ments.
AT the close no improvement is mani
fest In the refined sugar market, lowe
prices prevailing, but raws on the 9th
er hand, while revealing from the frs
"A strong undertone, have coinciden
with the firmness now manifest In Eu
1 rope, advanced materially, latest mai
ddvices from New York under date o
| Nov. list indicating a quiet, steady mar
! ct, with slight abatement Of the ac
tivity characteristics of its stead,
course latterly.
Successive publications of experts es
| timating the probable European bee
sugar production covering the cam
paign upon which we are now entering
have occupied the attention of the trade
generally and the figures presented
| have proven of unusual interest, fore
shadowing reductions in magnitude 81
considerable as to hold out the prom
Use OF return to more healthy condi
lions. We append Mr. LIGHTS beet es
| Innate Of october 18th, and for pur
poses Of comparison, give Mr.. Giesek
ers figures published Oct. 18th:
Estimates 1923. Actual crop
LIGHT Gieseker 1901 .