The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1856-1888, 1871-11-25
CONF

FRIDAY, NOVEMBER p, 1871.
TAG arrival during the week of the Moses Taylor from
San Francisco, and the HFUadG from the colonies, mas Deem IL
Tended by the usual s;fr and tusIis amongst our merchants
and others. but aside from the transactions connected with
their arrival ard departure but little business has been done
since our Last report
Mr. W. II. Webb, the proprietor Of The mad line now con-
pectius our port with San Francisco and the colonies, visited
* 4, liz way 10 New Zealand and Australia, and during his
short stay here had an interview with the Cabinet officers, in
relation to the continuance Of the mail service by his line
Duriuz The time that Dir. Webb has been running his steam
ers. il viii be admitted on all hands that the traffic and pas
seuper demands have been fully met So much so that the
steamers running between the coast and Honolulu have be-
roze Elvodles with the travelling public.
Between Auckland and Honolulu the NeUdda has proved
herself TO he admirably fitted for the service she has been
called upon TO perform. She has nov made seven round trips,
running a distance Of nearly $1,000 miles, at an average speed
Of IOI knots per hour or PIG miles per day, without having her
boilers cooled once since leaving San Francisco on her first
tHp 10 Auckland, and without an accident to her machinery Of
any description. Mr.. webb's well known ability, integrity,
and experience are sufficient guarantees that he will fulfill all
obi cations entered into and in that respect the manner in
which the service has been conducted in the past warrants US
in predicting its efficiency under his management in the future
The question as to how much Of a subsidy this Government
ought TO nav is one that remains under discussion, and any
decisive action viii be postponed until the result Of the nego-
tiaious between Mr.. Webb and the colonial governments be-
comes known. The amount that has been granted heretofore
$4,000 per monthly may seem TO be very small, but 10 I must
be added The amount RENTED on account Of wharfage, water,
&C, say $4,000 per annum, and in view Of our position We
are not at all certain that the line would not come here with
out a subsidy and with all the fees TO pay
The adverse decision lately rendered in regard TO the rights
Of aueaoueeEs to charge cost Of advertisements of goods pro
rata amongst consignors Of AL goods sod On the dates adver-
tised, has had the effect Of bringing out a card from our HO-
no.uIu auctioaeers, declaring their intention or charging such
costs as usual. In auction sales but little has been doing.
The brig KgmshG8ehG T. was offered last Saturday and bid
in. she will probably be put on the cOasting line soon.
Under New York dates Of November Oh We notice
Price of gold, 11E- The demand for money is easier, the
disturbance growing cut Of the Chicago fire subsding. The
action taken by the German Government in demanding gold
from France in payment Of the indemnify cannot fail to affect
the entire commercial world The amount demanded repre-
sents 4 larger SUE than there exists in England and America
combined, and in consequence the English who have taken the
loan largely will be obliged to borrow from Germany The gold
TO pay with
From the Market ReUisC Of the 9th inst. we quote:
susAH-Fim. Sales Of 500 kegs Hawaiian at 9@l2c. per
pound
WooL-shipping grades at 22a26c- per pound. The pros
poets are that wool las touched the highest figure and has
probably receded some by this time IN this connection we
would remark that there seems to be q growing necessity for
the Importation Of wool from Australia TO the United STATES
This seems to arise mainly from the pressing wants Of con-
sumers, and We notice that the Americans are free buyers Of
good Eight greasy woods.
The two next steamers to San Francisco we understand are
engaged full Of wool at ! cent per pound, to take the railroad
with California wool al 2 cents per pUund for the eastern fac
tozSes.
PuLu-The market is now quite bare, a small invoice of
Hawaiian would now Command 1O6IIc-
~HIBEs-Market dull. Dry. 22G22Ic Sailed, llGD1lic.
OIL-AetiVe- Sperm, 81 rs Winter BIeached, 81 Sol As;
Whale, 55656e- Winter BIeached, 63G65c.
wOoL-Spring, fine, 3404Oc. bury. 2SG33c pulled, 50
G5Oc-i Fail, California, 2sG3Oc.; do. bury, 2o025c. per
pound.
W. clip the following from the Shreveport Ola Journal:
PROFITS OF THE RAHIE PLANT-The practical difficulties
attendant upon the manipulation Of The ramie fibre seem to be
the Liverpool market at 1854 in gold per ION At this price il
- said TO be considerably more profitable than cotton. Its adj
vantages, as claimed, lie in its ready and vigorous growth it
Continues from year to year, and, once planted, il requires no
renewal or attention for a long time. It Is said not 10 be de-
strOyed by worms, not TO suffer from peculiaTities Of climate,
soil, insect enemies, etc, and to require but little TO establish
a plantation Z grows rapidly and yields largely, and conf
handing n ready market at q high pnce, there now seems
nothing needed TO stimulate its cultivation to a great extent
advantage is perhaps limited but within its natural area il is
thought that it can be produced with greater profit than al
most any other species of hbTous plant. The drawback to
this hattering picture lies in the difficulty Of separating the
fibre from the bark, and the bark from the stalk. The East
Indian Government has proposed a prize Of $4,000 for a ma
chine or process that will accomplish this object. The award
has not yet been made, the period having lately been extended.
owing 10 the unsatisfactory nature Of the competing machines.
The Sder, however, still holds good, and the prize will, we pre-
sums, be assigned, In due course OF time.
By the Neftie Merrill we notice the arrival Of the effects
Of the U. &. Consulate at Lahaina, showing that Uncle Sam
has wound up his affairs at that point.
Owing to the prevalence Of strong southerly winds our
cOasiing sailing vessels have been weather bound. We note
the arrival Of the following domestic products: