The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1903-01-15
OF THE
SUGAR MARKET
CONDITIONS TENDING TO IN
CREASE VALUES CONTINUE.
LATEST STATISTICS ON CUBA.

Williams, Dimond &, Company under
date of San Francisco January 3. Give !
the following concerning the siigar /
market:
our last circular per ZeaIandia was
dated December :. 1902. Sugar. Prices
in the local market have since advanced
twenty points December gtb and q cor
responding reduction occurred this date.
Similar advances were made for export
December 9th followed bv a reduction
this date in all grades of thirty points
! the last, January Sth quoting dry era
| nulated 4. soc for Arizona. Nevada.
| Alaska, Hawaiian Territory. Idaho
Utah, wyoming. New Mexico and Mon
| tana.
Basis: December 5th not reported un-
! til 9Th, SPOT sale 1900 tons at 15-16c:
9Th to 9th no sales: 10 "to arrive" sale
200 tons at 15-16c; 18th to 18th no sales,
18th spot sale 500 tons 3.95c: 18th to Jan.
3rd no sales 5th cost and freight sale
$50 tons at 3.S7c, and on same date spot
. sale 500 tons at 8 7-Sc: 9Th. cost and
freight sale 1900 tons at 3.S7c: and on
. same date spot sale 400 tons at Use
since which no sales. establishing basis
for 967 centrifugals in New York, 9Th
inst 3.S725c, San Francisco. 3.4975c.
London Beets: December 9Th. IS Sd:
Sth, SIS 41ad; 9th. s $ 41sd: 10th. SIS 41bd:
11th SIS 3a4d: 18th. SIS 4i5d; 18th SIS S2Id:
18th, SIS 4lad; 10th SIS 11ad: 18th. s Sd;
18th and 18th, SIS Nd: goth. SIS 2lld: 22nd
to 31st HOLIDAYS Intervening 26th and
27th, 8 I'D: January End to jth. SIS
ed: 9th and 9TH SIS.
New York Refined. Ouotatio, zoe
equivalent to A. COO net cash established
December 3rd. continued in force until
December 9Th in which day an advance
of ten points occurred establishing a
price of 4SOc equivalent to 4. 20 net cash
This figure prevailed until Decem Der
18th on which day a corresuonding re-
duction of ten points occurred. estab-
lishing1a price of 4.7Oc, equivalent to
4:6Oc net cash, New selling terms
were PROMULGATED January 3rd bv the
principal refiners, involving abandon
ment of equality or factor plan. pre-
vously in force. Under the new con-
ditions, now in effect. graduated is
quoted at 4.65c per pound net thirty
DAYS, less 1 per cent for cash without
rebate, establishing a net price of
6O35c The action of refiners. as out
2 lined above. apparentIv nuts the entire
= trade of the country on the same even
{ basis of buving. leaving every iobbar
= free TO mako his own selling terms
: London Gable: January 2nd quotes
lava No IL D. s DC cd. fair refining SIS
. Cd: same date last wear SIS G d and Is Cd
respectiyeIy. February beets SO 11ad
against 6s 7lbd corresponding period
in 1902.
Latest Statistical Position. yyilIatt G.
E Grew ranort Trnited states four norte
. in all hands estimated December 31st
| 1876 or tons against IFS O64 tons same
l date last wear six norts Cuba es.
S timatea TSsrerher 2Ofb II 400 ton,
g against 25O5S TONS cnrrasnondino- neriof
= last wear Tinted E[inodor, estimated
- December 25th. 100 600 tons against So
e 600 tons same date previous wear. To.
: tai stock i'm all the nrincinal countrie,
/ bv cable December 31st at latest mn.
5 even dates > g71 ga ions against >
t 743122 TONS. increase over last Yea,
Dos ,454 tons. Sugar crops Of the world
total cane sugar nroduction wv q
G. estimator 2 762 500 tons against
) O27 900 tons nravio1s carnnairn Euro
[ moan haat si,par nrodnction Ticb( ie
e sued December 12th = 600 OO0 ION,
g against SlS O2S TONS last ,aor T-pi+al
e. states haet smear nrodrctIor NV e. r,
. 1873 500 tons against 162 12G tons las
n campaign Grand Total cane and haa
= sugar q.579 200 toms against II O3S 3g
- tons. estimated decrease in the world,
production 45g O93 TONS
Eastern and Foreign markets.. PRICE
in the raw sugar market maintain tb
n firn7ness noted in our nray,ious ranort
. throughout tbe earlier nortion Of tb
II period under review hut Ia ttprlV coin
f cident with the annroacb of tho fIoIida,
= season considarabIa divergerco In, m,
= views of buvers and sellers devaIonad
% followed nv, an oDo+botio ottit,,do n,
V either side tho result NJ which ie oh
g servable i'm the duIIness now in evidenr
! according to.latast mail ad,,icas iron
4 New york undar date of ond iret TaIa
# graphic renorts since received indicat
a RESUMPTION of activity and the con
70 summation Of sales at y SLIGHTLY lowe
d range of nrices than formerly ruling
+ The customarv halliday in3ctivit, +
reflected in the refined SMEAR market
where auietness has continued uninter
,untadIy througbont tba na,iod md