The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1856-1888, 1864-08-06
COM
AUGUST 8, 1856

SATURDAY,, 4DGLSL D, 1904
THE extreme duIlness in trade-pscuHar to our summer
seaso1-is a constant topic q remark, confined not merely 20
the city, bet applying to every part Of the group This how
ever, eaEnot last long, and with the arrival Of our usual fall
shipping-ho,h vhalers and merchsntmen-Efl return the
customary activity IN trade. The continued success attending
our sugar plantations, the activity AID perseverance, displayed
IN getting new enterprises started, are 3 sure guarantee for a
safe. soGni, sad Increasing intsE-slAoI AMI foreign trade
The bark CnUGTd brings Us sdEIcss from San Francisco
nsEsefs 20 the ISch ulL. Trade ard business Of every kind
are reported So depressed, AID in Island produce, very little
10 doing The heavy collapse in the stock market there Ia
hal the effect 90 unseuie everything. Numerous failures
especially among those connected with stocks, are reported
In San Francisco market, Island sugars n quoted dull a.
pa I2le per ID. NRuer * Merrill sold lsl bales Palu at
aurtion, 5zly &c, At 10 ets. per ID.
The OnrarG viii not sail till Saturday, Aug. IL, she being
detained here one week in order not to follow too closely on
The other vessciI Of the line
PROPOSAL, have been solicited by the Consul Of Peru, to
farnlsh $500 for repairs OF the bark MandgTina, which put
Into this port kakinE On the 2aih, with a cargo Of coolies for
CaHa0-
The Danish bark Lizzie arrived On The ID, le days from san
Franeiseo en- route for HOngkong, took on board a quantity Of
fangus, and sailed again on the 9Th She Is reported BY the
San Francisco papers 10 lave had the largest shipment Of
specie ever made from that port In any one vessel for China,
amounting to s433.I1
We observe tha. the oarpd brings 5000 in specie, and
that each Of the packets n y brings more or less coin. This
Is understood TO be for the use Of plantations, where in paying
Iaborers there is always need Of small coin. If every panta-
ton had, as some now have, a regular supply Of quarters and
halves imported monthly, &. would prove a public benefit.
AA- VIM sAPB[A iyA "a AAAIlAS~J ~ hpISt-AL ~ ANA-
during the first six months OF 1854, is tated in the papers Of
that city to BE- $4,000 This probably does not more than
balance the amount Of coin taken on, Of this kingdom in the
same period. y
The bark ". S. Perkins arrived yesterday from Puget
Sound, bringing a full cargo 0flumber to Messrs. HackfeId & Co.
The s. =. Flag Of July 16. speaking of the departure Of the
OHtCaTd, says:
The bark Onuoard, for Honolulu, was cleared to-day, and
win sail at "a early hour to morrow morning Chas. W.
Brooks a Co have given this vessel unusual dispatch she
has discharged and RELOADED in less than six working days.
and IL now ready for sea, Oh her return voyage to the islands.
She has q general cargo o. assorted merchandise, valued at
Dali, ami carries. besides. $1,000 in treasure. Among other
fned and returned here for he use Of BOWS DistileTy, being 4
part Of 1000 bbis now unde- contract for this distiiery. The
high price q grain ruling here, places that out Of the question,
and drives distiners to the II olasses for rum purposes.
Gold began to rise rapidly about July !. and from that date
TO the 18Th nuctuated from 20 to go premium, being at the
latest advices about 2e0. This great rise is uuquestionably
attributable to the increasing scarcity Of coin in the United
States, Caused by the excessive shipments from New York
and Gan Francisco to Europe) This constant drain Of coin
Increases the discrepancy between the amounts OF gold and
paper in the country, and consequently raises the value Of
gold, even though the quantity Of paper in circulation remains
aboat the same. The latter Is estimated at some 100000 900
while the amount of gold Is becoming reduced to a very small
sum, and Ia entirely withdrawn from circulation in the Atlantic
States.
Private kilograms from New York dated July 18th, report
sale Of gold, aent East by Telegraph the day before, at go.
Goh- on the l4tb, opened at 267, declined to 23, and closed
weak at 260. Sterling bills on England were also quoted weak
st Zoe, gold price.
Legal tenders have been selling to-day at ssI al SO.
tfoud & Curry sold at 81 200 al LBS which Is a little better.