The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1902-10-11
SUGAR

F. A. Schaefer & Co. have received
the following sugar letter from VIII
liams, Dimond & Co.:
Sugar-No changes have since occur
red in the local market or for export
prices established March 5th still being
in force. After the lapse of censid-
cradle time, beet granulated is again
for sale in this market, in either
straight or mixed lots (100 ID. bags
only, the Western Sugar Refining Co
under date of Sept. 18th, having issued
list supplementary to their list OF
March 9Th, wherein they quote beet
graduated at 4.15c for sale in Cali
fornia, Oregon and Washington, and
$500 for export.
Basis-No sales since last advices;
consequently basis for SO degrees CEN
trifugals in New York established by
transaction recorded Bird u1t. remains at
3.4375c, San Francisco 3.0625c.
New York Refined-Quotation Assoc
equivalent to 441c net cash established
June 18th, continued in force until Sept.
18th, on which day an advance of five
points occurred, establishing price of
4.55c, equivalent to 4.45c net cash. This
figure prevailed until today, when a
corresponding reduction of five points
was concluded, establishing the former
figure OF 4.50c, equivalent to 4.41c net
cash.
London Beets-Sept. 4th, 6s; 9Th and
9th, 5s 11Ad; 9Th, IS; 9Th, 5s 11Ad; 10th
to 10th. IS; 18th to 18th, 6s I'D; goth,
6s 3d. 22nd, IS 2Ad; 23rd and Path, IS
I'd; 18th, IS 41ad; Goth and 9th, Is Sd !;
29th to October End, 6s AID; 3rd, rs
2Ad.
London Cable-Sept. 9th quotes ia
va No. Is D. S. rs Cd; fair refining 6s
Cd; same date last year, 9s Sd and IS Sd
respectively. October beets, 6s 6Ad
against Is 71Ad corresponding period
last year.
Latest Statistical Position-Willett &
Gray report Sept. 18th, U. S. four ports
in all hands estimated Sept oath, 169,-
6S1 tons against 1922 tons same date
last year. Six ports Cuba estimated
Sept. 23rd, $4,000 tons against 1890
tons corresponding period last year.
The United Kingdom estimated Sept.
goth, $4,000 tons against liz, 437 tons
same date last year. Total stock in all
the principal countries by cable Sept
18th at latest uneven dates, 1.701, 6S1
tons, against 766,612 tons; increase over
last year, $4,000 tons
Eastern and Foreign Markets-The
demand for the refined product, al
though less brisk at the close, assumed
large proportions throughout the earli-
er portion of the period under review
Sellers of raws were consequently
disposed to hold out firmly for prices
beyond the current quotations in the
expectation that refiners would in any
event be obliged to enter the market
freely. Buyers stocks, on the other
hand, were materially replenished by
heavy receipts of Javas and Cubas rep
resenting past purchases, and no anxi-
ETY. was apparently displayed to accept
prices asked for by holders of spot sug-
ars. The views of buyers and sellers,
being apart, quiet and steady market
ruled for considerable period.
Latterly, however, reports from Eu-
rope indicative of unreasonable wealth
er conditions, affecting Germany and
France particularly, to which eonsid-
Grafton have been apparently given by
Mr.. LIGHT in his preliminary estimate
recently issued. of 5,4OO,O 900 to $500. 900
tons for the European beet crop about