The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1856-1888, 1860-11-29
Market Reports.

We have frequently alluded to the difficulty expe-
perienced by the reporter here in obtaining reports
showing the state of our market. 1t is true it is a
limited one, and does not compare with those Of
larger cities but small as it is, it is equally import
ant for the character Of a commercial paper, that it
is kept posted up on what is going on, and it is to
the merchants ouly the reporter can look for informa-
ton. The following on this subject we take from the
Boston Commercial Bulletin, "A paper which, in our
opinion, (ani We have had some experience in our
day. embOdies what constitutes a commercial paper,
not even a pun being allowed in it, except it have a
commercial twang. Our merchants, who wish to get
the best commercial paper in the Eastern States, will
find it in the Bulletin:
OCR MARKET REPORTs.-In our market report of
last week we stated, under the head of Gunny Cloth,
that the \. Y. Shipping List reported sales of $50
bales in this market ut l5c, that on inquiry We could
not trace the sale, and that we believed it was a des-
perate attempt 10 bull the market. We have since
ascertainei that a sale of that amount of bales has
been made, and so far We make the correction. Very
strong exceptions have been taken to the expression
on our part as to the " attempt TO bull the ~marke-,"
ON the ground that a newspaper in reporting the
markets should indulge III no gratuitOus remarks, or
give any opinion beyond the simple figures showing
the amount sold and the prices realized. On this
point We take issue with our too sensitive friends
and 10 illustrate, will take the article of Guuny Cloth
a. a leading article Of Boston commerce. All through
the past season the price has been shifting from one
extreme 10 the Otuer. 10 a person AT a Instance rom
this market the reasons for such variation are not
available except through the medium of published
dfReTence 81 TrehSheii@ 5doH4 jsp5fRaJl ihereu BE any
paper to its subscribers in New Orleans or Savannah,
from the one in Boston /? or-is the purchaser at New
Orleans to be denied the right to look into the machi-
merry Of the trade of Boston because one or TWO Boston
merchants hold a large quantity Of Il certain article
in their hands for which they wish 10 obtain "A certain
price, If this is the standard of ethics or fairness by
which n commercial journal is to be conducted, then
let il be known when and on what day the interests of
certain parties are 10 be advocated. We know that
our Boston merchants have a singular aversion to
making public the business of Boston, at lsqSt,
through one IF their OpH papers, though such infUr-
nation is telegraphel in advance to New York. If
there was that freedom TO impart information to Jour-
mails here that the New York merchants practice, with
regard 10 the journals of that city, our market would
receive 4 corresponding Importance abroad. In New
lUrk newspapers, business matters, the rise and fall
in prices, and the reasons therefor, are rs amply
discussed rs are those Of politics, religion or foreign
news, ami ii IS for this rery reason That .NeiC York
DaperS are 50 extensively taken ami rcad by our mcr-
hunts here. But there is either a singular modesty
hat overcOmes our merchants, or a fear that Boston
affairs should be known beyond the limits of Boston,
whenever application is made to them for information.
We have in our mind an instance Of this remarkable
aution a certain large contract had been in the
for weeks. On application to the proper
erSOns, 10 ascertain TO whom the contract had been
We were told that such a party had I'M
Oubtedly got IL but the directors did not want it
the third line on the second page was
o he altered, or some such trivial excuse.