The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1856-1888, 1865-10-28
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SATURDAY.. OCTOBER ., 1860.

OCTOBER ., 1869
The riratical cruise Of the Shenandoah To The NortLrrr
=fsia- gTouai, ataI the reckless destruction - properly -
her, vuI always te REGARDED az the most wantOn tui n.schieg
o-s act n piracy ever committed, which no apologies eah
palate AId all the parties eHEssei-s'snrn - vii as
oGcrss,-~U I.stly merit tic fate q brSards. wherever they
mag Ee f5zni- There have been no later advi>rs received here
~5ncgrrin- the ds.ugs CT the vEerea5ouis Of tbs pirate than
shat =e haze t-f5- P-bisnrI II - reasonable &c presume,
-k-rs.s-s. tha:, frcm sons cause she left tie whaling ground
>rs-: the i1t. Il CIR fst rrP5Et GCE heE. which sac June
. ii11 che continued Ihe jsstrdrtion o. vessels, ws should
have hard m.rr of-her. as . wouii De necessary TO send the
sszneu q IT, turned 5hipJ % tins port o. san Francisco. Up
90 O,t1rer !. go report hni b~sn received from her there
u -. natural tbsf some alarm shOuli - created BY the
p.ra-'. d1.ngs among the owners Of whaIeships. - great
~as the excitement In New B-inri, that during the fs; half
% August insurance vas effected ia New York on Thaleships
in the North and south Pacific TO the extent q two and a half
millions, Is per cent. premium being paid for war risks For
tInatsIy for wtaIeship owners. the Indians kept the overland
telegraph n their hands during n0st % August, thus enabling
them 70 effect insurances- The aiyiccs brought by the second
arrival from the Arctic di not reach the East till the latter
part q that month, after which the Insurance Companies re-
fused 20 take war rtsks at any price As the prices % oil and
bone advanced IN September 10 very high figures, il IS not i'm
probable that those interested in whaIers viii, AFTER all, gain by
the pirates depradat5ons, notwithstanding the large amount
pail fr marine and war assurances on Thaieships- ITS an
~ wind that blows nobody no good-'
20 Tar AZ cur own port is concerned, there il not the least
cause for uneasiness regarding local trade, FOX It IS quite proba-
BE hat We shan have ~ good 4 fall season as last year. We
assume, q course, that the destrurtion q whaleships has been
conanei 70 what Is known. The Tst embraces % ships burned,
aud . bonded. a portion % these only would have come TO
this port, and the resl wouki have gone TO San Francisco. or
the ~ vessels burned. 5 would have recruited At san Francisco,
aad 10 a. this port The feet at the North this summer num-
hers about 95 ships, 50 that there remain 60 or 20 vessels to
visit the two ports, and We shall have in the aggregate about
n many a. We had las; fall. A great impetus has been given
By the SHENANDOAH der relations and the high price Of oil,
20 the fitting out % new whaIeships, both in New Bedford and
Gan Francisco. From the former port over 90 vessels will be
sent out before January, and It Is probable that during the
current u months, \ larger feet Of ships will be fitted on;
than for several years past. The want Of vessels 10 be pur-
chased suitable for the service viii be the only thing that may
prevent It. There IS no reason why Honolulu should not share
in the Increasing whaling business, and send out a dozen new
vessels. The advantages which she has always had, she pos
sesses to-day as much a. ever before
The New London papers notice the return to thst port, OF the
whaling bark Pioneer, Capt. Z. Morgan, which sailed for
Huison's Bay June :. 1854, having made one Of the most
successful voyages on record. She brings $500 barrels Of OIL
And 10000 lbs OF bone, worth as prices stood In August,
$3.50 eco. be. as there was . large advance in September her
cargo viii probably realize over 100000, the earnings of a
cruise % 10 months She sailed .. Il cost OF $4,000. including
vessel aud sHift- Capt. Morgan owns one nurth OF the vessel.
n few such voyages will soon revive the whaling business.
Farther whaling news and oil market reports viii be found
below.
ship Asia arrived a. New Belford, September i, IOi days
firm Honolulu. Her cargo will realize very high prices.
In the Eastern States trade % every description was unusu-
ally active, and never more profitable than at the latest advices.
This has been caused in part by the opening Of the Southern
territory with q population OF etEnt miIiOns of people 10 the
Of the North, and Of Europe. The ". Y. Tribune,
under date Of September I, says:
This city was never more prosperous at the close Of August
than it is to-day. TrIie is unexpectedly gOodi almost any
thing worth buying meets a ready sale II fair prices there Is =
quick demand for vessels Of all kinds, especially steambOatsi
our railroads have to Kill a good share % their customers to
keep the aggregate within their capacity OF transportation;
and Industry finds ample employment on every side
Gold was quoted in New York Sept. %, at III.
Late kilograms received in San Francisco report a consiiera-
be advance in many staple articles in New York, the advance
being caused by the fac; that he demand exceeds the supply. d,
10 It's commercial article, the BHHetiH % the 18th September
sayEs
quote a slight decline "a follows: Lonsial- shirtings soc, and
5Ierriulac prints aOci while three-PIy carpets bad advanced 10
dale sLfruuCs were SAC and Neuimac prints gle. These goods
would cost more 20 land here than they have been seIirS :or in f,
tts price q Goods in the East may come down 10 I reason
able point We must confess We can see no indications VI such
9 eon5irarnation this Ia notsthstandArE the heavy receipts 81 .
cotton az the supply po'.s he acuS" denani ioT goods 10
amply the Southern markets, in addition to other sections, "a
setting ane spindIes "a motion, and the consequently enhanced
cousuupfive demand for raw material Prsctuies zDy decided
aba;eIeut IL prcsE The product u this branch Of domestic
II IGtsctGEe, Shca worked UP to u highest eaFaciys Eli DC
too large. i % believed. 90 meet the unusual emergency
vi Oh h1s aTisrn With the Te;aTI Of peace, ard will be 90 Wide
y lnl FaTadiy Distributed a. to obTiatc any danger u al. u
health- accumulation for = long tine % cOne.
d" g far a. cotton goods are cOucernvt-especiaily shsPtinGs 3
lri Bb.Ttr<s, &ni Psin1. the siJcE CT which SIRE Tar below the
GEFtive demand, UodeT aEJ circumstance there IS not
go IN oyerstncE 81 them, as thu Eo1ls ~ Tot to b. had IL
acGcI-nt qGantifE~s - lHy PTices- jObbers, mS-soyeT, are
parting with thsr limited supplies Of standard couOus with
~ rene reluctance, knowing foi we'll they cannot be replaced
g. The EXISTING scalc 81 prices. The trade O: the present week.
lnleed, has len most 81 them virtually bare % -hiTtlngs, while
prints stOcS - r.duc@t To Tie smallest PROPORTIONS ever
EH0wn since san francisco became a market. We have before
embarked that the season IS ton FIR advanced TO rcplenish sup
hum ths East AID that interior English goods are largely
'uhsttutsl, purely "a \ matter Of necessity; and az consumers
have and cannot afford to wait for certain kinds Of cotton
Ahr1cs, there ) . fair degree of activity IN the goods thus sub