The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1903-01-16
OF THE
SUGAR MARKET
CONDITIONS TENDING TO IN
CREASE VALUES CONTINUE.
LATEST STATISTICS ON CUBA.

Williams, Dimond & Company under
date Of San Francisco January 8, give
the following concerning the sugar
market:
Our last circular per Zealandia was
dated December 8, 1902 Sugar: Prices
in the local market have since advanced
twenty points December 9th and a COR
responding reduction occurred this date.
Similar advances We're made for export
December 9th followed by a reduction
this date in all grades of thirty points
the last, January 8th quoting dry gra-
nulalted 4.50C for Arizona, Nevada,
Alaska, Hawaiian Territory, Idaho,
Utah, Wyoming, New Mexico and Mon
tana.
Basis: December 9Th not reported un-
til 9th, spot sale 5000 tons at 15-16c;
9Th to 9th no sales; 10 ito arrive" sale
200 tons at 15-16c; 18th to 18th no sales,
10th spot sale 500 tons 3.95c; 18th to Jan
Bird no sales; 5th, cost and freight sale
$50 tons at S.S7c, and on same date spot
sale 500 tons at 7-Sc; 9Th cost and
freight sale 1900 tons at 3.S7c; and on
same date spot sale 400 tons at 7-Sc,
since which no sales, establishing basis
for go centrifugals in New York, 9th
inst. 3.S725c, San Francisco, 3.4975c.
London Beets: December 9Th, IS Sd; ;
Sth, SIS 41ad; 9th, s 41ad; 10th, SIS 41Ad
18th, IS 3Ad; 18th, IS 4lhd 18th IS 3%d;
18th, IS AID; 10th SIS 1hd; 18th, Sd;
18th and 18th, SIS led; goth, IS 2Ad 22nd
to Slst, holidays intervening Goth and
9th, 114d; January End to 5th, IS
Nd; 9th and 7th, IS.
New York Refined: Quotation 4.70c
equivalent to 4.60c net cash established
December 3rd, continued in force until
December 9th in which day an advance
Of ten points occurred, establishing a
price of 4.S0c equivalent to 40 net cash
This figure prevailed until Decem Der
18th on which day a corresponding re-
duction of ten points occurred, estab-
fishing a price of 4.70c, equivalent to
4:6Oc net cash. New selling terms
were promulgated January Bird by 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 l per cent for cash without
rebate, establishing a net price of
4.6O35c. The action of refiners, as out
lined above, apparently puts the entire
trade Of the country on the same even
basis Of buying, leaving every jobber
free to make his own selling terms.
London Gable: January End quotes
Java No. 10 d. S. IS Cd fair refining IS
Cd; same date last year IS d and Is Cd
respectively, February beets IS led
against Is 71ad corresponding period
in 1902.
Latest Statistical Position: Willett a
Grey report United States four ports
in all hands estimated December 31st
l36ON tons against 11S,064 tons same
date last year. Six ports Cuba es-
timated December 30th 81 500 tons
against 25O5S tons corresponding period
last year. United Kingdom estimated
December 18th, 100000 tons against S.
600 tons same date previous year. To-
tai stock in all the principal countries
by cable December 3lst, at latest I'M
even dates, 297l,5i6 tons against D.
143,l22 tons, increase over last year
22S,45i tons Sugar crops of the world
total cane sugar production CIV. d
G. estimate) 3,763,jOO tons against A.
O2I229 tons previous campaign. Euro
pean beet sugar production GichO is .
sued December 18th, $4,000 tons
against 6S4S,O3S tons last year. United
states beet sugar production CIV. & g.