The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1903-10-23
SUGAR


Williams, Dimond & Company, in
their circular letter concerning the
sugar market, say, under date of Oc-
tober l6:
Our last Circular per Alameda" was
dated Sept. Attn.
Sugar.-No changes have since occur
req i'm the local market or for Export
prices established 1st ult. still being in
force The Western Sugar Refining
Company, however, again quote Beet
Granulated 600 Id. bags only at j.45v.,
as per list published Sept. 5Oth for CAL
ifornia, Oregon and Washington, and
4.9jc. for Alaska and Hawaii. a re-
duction of five points from these fig
ures occurred 14th inst, establishing Il
price of 5.4Oc. for California, Oregon
and Washington and 4.90c. for Alaska
and Hawaii.
Basis-September 4th to 9Th, no sales
10th, ito arrive" sale 400 tons at 39s
18th to 18th, no sales; 10th, Spot Sale
800 tons at 37sc.; nth to 22nd, no sales;
23rd, Spot Sale, 3100 tons, at 37sc.; 24th
to oct. 3rd, no sales; 9TH, Spot Sale l.
900 tons, at 3Bc.; since which no sales,
establishing basis for SO deg. Centriiu-
gals in New York 3.S75c.; SAN Fran
cisco, 3.5c.
New York Refned-Prices declined
Sept. 14th to 490c. equivalent to 4.S0c.
net cash. This figure prevailed until
oct. End, on which day a reduction of
ten points established a price of 4.S0c.
equivalent to 4.70c. net cash. This fig
ure prevailed until oct. eth on which
day decline of five points occurred,
establishing a price or Abe, equivalent
to 4.65c. net cash.
London Cable.-Oct. 10th quotes Java
No. Is ID. s. 8 s. 3D.; Fair Refining, IS.
Cd. Same date last year IS. Sd. and IS.
Sd. respectively November Beets, IS.
Sd. IS. 4d. against IS Cd. IS. 4d., cor
responding period last year.
Latest Statistical Position-Willet d
Gray report Oct. Sth by cable, L. s.
Ports in all hands, estimated Oct. eth,
$50, 941 tons against 1874, 143 tons same
date last year. Six Ports Cuba, esti
mated oct. 9th, 147, 500 tons against H.
6Sl tons, corresponding period last
year. United Kingdom estimated Oct.
3rd 12S,0O0 tons against l43,I67 tons
same date in 1902. Total stocks in all
the principal countries by cable Oor.
Sth, at latest uneven dates, 1894
tons against 1,573j91 tons; decrease
from last year 80, $50 tons.
Eastern and Foreign Markets.-A
quiet and rather featureless market
for "Raws" is characteristic of the per-
iod under review, although a firm un-
dertone is visible at the close accord
ing to latest mail advices from New
York under date of Oct. 10th, tendency
favoring sellers.
Weather in Europe has not been spe-
cially favorable for the Beet crops and
the market is strong. According to Mr..
LIGHTS preliminary report the Beet
crop will amount to from 100000
tons to 6,050,0O0 tons. Weights are said
to be backward in some districts.
Discouraging advices have been re-
ceived from Louisiana where indica-
tons point to a crop of 100000 tons
against 100000 tons last season.
While the statistical position of SUI
gars warrants the expectation of a
slight Improvement i'm quotation it is
to be observed on the other hand that
the demand for the Refined product has
proven a disappointment, the market
ing of the Domestic Beet crop having
tendency no doubt to diminish inquir-
les, and only latterly after the decline
on the 7th inst, has an Improvement
been manifest.
Coffee-Stock of Hawaiians i'm first
hands today is 2469 bags. A better feel
ing is manifest in the market for Bra
I'll cOffees in New York, owing to the
reports of drought having affected the
coming crop in Brazil and the tendency
IS to reduce former estimates Con-
ditions East are reflected i'm the local
markets here while fairly good bust
ness has been done within the range of
quotations, as follows Fancy, l5c. to
l6hc.; Prime, 12c. to 14l3c. Good, l0c
to ll1ac.; Fair, &C. to Gee; Inferior, &C.
to TIC.