The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1868-09-16

The Ala Of the 9Th ult says, Of money and loans,
that "ths supply Of money is very good and the
rates are maintained, but with tendency to a
lower level. The accumulation Of capital on this
coast is large and it is recognized that the realiza
ton Of the present crops will cause still greater
abundance, which must assinilate the rate Of in
teret here 70 that Of old communities 1t there
fore the case that the best securities-corporate,
CITY. county and State-appreciate in value, and
real estate maintains steady rate for the best de-
scriptions. There is evidently desire TO improve
property and get IL under rents, Whieh viii give IN
few months more lucrative incomes than can be
obtained from other sources since the rising values
Of sound securities naturally ourta the incomes de
rivable from them There Is an increass Of mOrtga-
ges for purposes Of improvement. These loans are
supplied mostly from corporations, and the deposits
in the Savings Banks for the past year have
So GOO 900 while the unempoy ed reserve remains the
same That money has found employment There
is a good demand for money for commercial purposes,
aud this is regularly supplied ct bank rates, lglA
cent per month The loans at terms are upper cent,
and 10 some cases shade less.
PoEr wISE.-The port wine district Of Portugal
covers an area Of broken, PERCEPTIONS and lofty hills
through which the DOuro River courses-say 70 by
miles The soil l. brown, saty schist The grapes
are allowed 70 shrink almost like raisins, before
they are gathered 10 promote the greatest conversion
of sugar The vintage runs from the last day OF
September TO the 10th OF October inclusivey- The
mash s allowed TO stand IN Nals uu lhoIouEIhg
fermented. II Is then drawn of into great casks
Here it is watched aud the glucosometer is frequent
ly introduced. till il indicates the proper time Tor
drawing OF the wine again. when certain per
cent Of grape brandy is added to prevent fermenia-
ton from going far aud 10 protect the saccharine
elements from being lost. The addition of brandy
is necessary for the same reasons, in sherry and
Madeira wines.
The wines Of the Dou-o rested in the vaults
eighteen months before shipment to London
THE Joint Committee Of the Anglo-American and
Atlantic Telegraph Company Of London, with the
approval Of the Directors Of the New York, New
foundland and London Telegraph Company, have
decided 10 reduce the tariff on the transmission OF
messages Of ten words five words additional being
allowed for address, date and signature freel between
Vaientia Ireland and Plaster Cove, Nova Scotia TO
"a " SIS The tariff on the land lines west Of
Plaster Cove and east Of Valentia will be an addi-
tional charge. The reduction is to take place on
and after the lst day Of September, 1865.
RAILWAY TRAvEI--In the year 1865 "a, 293, Cos
passengers were carried by day tickets in Great
year 10 2ZT periodical tickets were issued by the
different railways; aud assuming half Of them TO be
annual, one forth halfyearly and the remainder
quarterly tickets aud that their holders made only
i've Journeys each way weekly this would give an
additional number Of 80 405 600 journeys or total
Of 3l3 Gg9 Dos passengers carried in Great Britain IN
one year. IL is difficult to grasp the idea Of the
number Of passengers represented by these
figures. The mind is merely bewildered by Them
and can form adequate notion Of their magnitude
To reckon them singly would occupy twenty years,
counting at the rate Of one second for twelve hours
every day.