The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1902-01-07

price of their "Ariosa" brand Receipt!
continue liberal in Santos, but smaller
in Rio, the latter owing to heavy rains
which are retarding the movement
| AIessrs. Norton, Megaw & Co, Rio, give
| it as their opinion that with the rem
nants of the current crop, the receipts
next season will be equal TO those of any
year. excepting 1898 and 19001901, which
were 10.500,0 600 bags and IL 00o.005 bags re-
SpectiVely. AS there have been plentiful
rains since November 10th the crop pros
poets have probably improved, and the
silence of Brazilian firms after cabling
freely with great promptitude about
damage by drought, seem to confirm this.
! Dealers here have been buying of late,
hoping there will be smaller receipts in
January and a better demand The lat
ter will be the leading feature, and will
have more to do with values in the early
part of next year than anything else No.
Z Rio is nominally csc and Santos No. 4
about SIC. For medium Santos grades.
such Nos. 5. and 7, quite fancy prices
have been paid for shipment from Brazil;
in fact the difference between spot VAL
ueS and Coffee to be shipped has been
from Il to Is cents per pound. and Coffee
to be shipped has been easier sale at
the higher prices than spot Coffees at the
lower figures
Futures on the Exchange closed at $50
TO eco for December and GO to 675 for
Last year. beCenDer, OJ0 70
5.55; March. SO to SIS, and spot No. Z.
&c.
1901
1901 Dec. / Nov. 1.
Visible supply of
world, in bags 10 735. 719 10,576,66
Stock u. S. all
kinds in bags 80. 1,SS2, 7ST 1883, 652
Dec. /, 1900.
Visible supply of world, in bags ..7s74 142
Stock L. s., all kinds, in bags 995,S67
Stock Brazils in New York. Dec. is.
!, 674, 313 bags. Total Brazils in the United
States, 1,7S4, 56S bags. Total in u. s. other
kinds December 16, 267,1S9 bags. Deliv-
cries for the week ending Dec. IA, 12S.351
bags, against O.24S bags last year. Re-
ceipts of Brazils for week ending Dec. Is,
1S7, 1888 bags.
CONTEMPLATING DUTY-HOLLAND.
The bounty on sugar paid by Holland
is gradually decreasing, therefore the
Secretary of the Treasury announces
that the countervaiing duty on Dutch
sugars will be reduced after January 1st.
1902. Particulars of the change will be
published by US as soon as received.
THE BOUNTY CONFERENCE.
The International Sugar Conference OPP
ened at Brussels on the 18th inst. as eX-
pected. Press reports state that the in
dications are the delegates from all the
counties OF Europe, except 1tuSSiS, idNor
the total abolition of sugar bounties, al
though the intention is to keep secret
the proceedings of the conference. The
question of countervailing duties against
bounties, as imposed by the United
States. and the workings of the German
Kartel were discussed. 1t was proposed
to allow sugar countries not possessing
price sustaining organization to pay
bounty of two francs per 100 kilos to Off
set the effect of the Kartel system. The
delegates are doubtful of the efficiency or
any action which they may take as the
United States and Russia Will not be
bound thereby, and the result may be to
call fresh conference to include coun-
tries not now represented.
The delegates appear confident Of
reaching a satisfactory arrangement If
France aboIishes her export bounties
and agrees to gradual reduction of do
nestle bounties. In commercial circles
in Brussels the opinion is expressed that
no decisive action will be taken by this
The conference viii adjourn
on December 2tst and reassemble about
January eth