The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1904-07-15

! cular.)
Our last circular per "Sonoma" was
dated May 25th:
| SUGAR-No changes have since oc-
CURED in the local market or for ex-
port, prices established May 14th still
being in force
BASIS-May 18th to 31st, no sales;
June 1st, cost and freight sale 1900
tons at S.95c.; End, no sales; 3rd, spot
sale 1000 tons at 3.15-16c.; 4th and 9Th,
no sales; 7th, spot sale 1000 tons at
3.7-8c., and on same date cost and
| freight sale $500 tons at 3.89c.: Sth to
| 18th, no sales; 18th, cost and freight
sale 100 tons at 3,S6c.; 14th and 18th,
no sales; 10Th, spot sale 1900 tons at
3.27-32c.; 18th, ''to arrive sale 200 tons
at 327-32c.; 18th to 21st. no sales; 22nd,
cost and freight sale HOO tons at 1890;
and on same date spot sale 300 tons at
3.15-16c.; 23rd to 9th, no sales; 2Sth.
| spot sale 200 tons at 3.15-16c.; 18th and
Both, no sales; July 1st, ito arrive sale
1900 tons at 3.15-16c.. since which no
sales, establishing basis for So degrees
Centrifugals in New York on that date.
3.9375c.; San Francisco, 3.5625c.
LONDON BEETS-May 26th, Az;
9th to 3Oth, 9 81; 31st and June 1st,
9 AZ; End and 3rd, 9 34; 4th, "a;
9Th and 7th, 90; 8th and 9Th, "a; 10th.
9 11z; 18th, 9 Oaz; 18th, "a; 18th and
18th, 11s; 18th, 9 0a4, 18th, 11a; 18th,
or; goth, ~; 21st to oath, 2A;
25th. SO; 9th. Az; 2Sth, 9 3s4; 18th
to July 4th, AZ; 5th, 54; 9Th, 90;
9TH, 90.
NEW YORK OBSERVATION-DISCLOSURES
4.S5c net cash in barrels, equivalent to
4.S0c. net cash in bags, esta blished May
oath, continued in force until June 18th,
on which day decline of five points
advance of five points June 23rd, and
again followed by an advance of five
points June 2Sth. establishing on that
date a price of 4.90c. net cash in bar
rels. equivalent to 4.S5c. net cash in
bags. Since that date no further
change has occurred.
LONDON CABLE-July 1st quotes
Java SO degrees test 10 Az; fair refin-
ing, Az; same date last year, 9.S and
IA respectively. August Beets 9 5A
against z 9A-corresponding period pre-
vious year.
LATEST STATISTICAL POSITION
-Willett & Gray report U. s. Four |
ports in all hands, estimated June 29th, |
205,996 tons against 31S,227 tons-same |
date last year. Six ports Cuba, es-
timated June 2Sth Isl, 900 tons against
$40, $40 tons-Jame date in 1908. United |
Kingdom, estimated June 25th, 106,000
tons against 11O,664 tons-same date
previous year Total stocks in all the
principal countries, by cable June Goth,
at latest uneven dates, 1923 996 tons
against 2S52. 631 tons-corresponding
period previous year; decrease from
last year, 328,635 tons. Sugar crops of
the world total cane sugar production
CIV. & CD 4,275, 1873 tons against Ala
1873 tons-same date previous campaign.
European Beet sugar production
(LlchD 5,S50,000 tons against 1852, 167
tons-same date previous year. United
States Beet sugar production CIV. &
So POS 135 tons against 195, 463 tons
same date in 1902-1903. Grand total
Cane and Beet sugar, 1888 473 tons
gainst 1892. 0S3 tons; estimated in
,rease in the worlds production, AL
80 tons.
EASTERN AND FOREIGN MAR
&ETS-The firmness in the raw sugar
market, to which we called attention
n our previous circular was shortly
ollowed by a reaction in the direction
# lower prices. Statistically the posi-
ion of sugars continued sound, but
nevertheless the sharp decline observ-
lbIe at this juncture in European
,eets reflected adversely upon the
market on this side and buyers for the
ime being assumed an attitude of in
Inference, resulting in the establish
nent of a lower range of prices, which
ellers in some instances were disposed
o grant rather than place their offer
ngs in store. The rapid reductions in
he price of London beets have been
.scribed to the anxiety of speculative
interests to realize on their holdings,
tut it was thought in some quarters
hat the fears entertained that the re-
Iuction in beet sowings might turn
ut to be much less than originally
stimated by Mr.. LIGHT, contributed in
-reat measure to bring about an ad
erse tone to the market. Coincident J
With these unfavorable features, re-
med was in poor demand. but latter
Y an Improvement, in this regard, ac-
ompanied return to more seasonable
leather conditions.
a more healthy tone to the raw su-
ar market succeeded the period of
depression and European
eets likewise displayed an improve
lent, refners again entering the mar
ct on a large scale, the effect of which