The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1856-1888, 1871-11-11
oMmERCIAL
rpInu noYEmRER 10. 1s.1.

FRIDAY. NOVEMBER 10, 1871.
-rvrxa the week ending Friday, November 10Th, CONNER
transactions have been almOst exclusively limited 10 me
50 lying Of the current demands Of our inter+sfahc 'r1n
II business portion Of our town presents The aspect ianHA
A. nj. du.ine the midsummer months, intensified oy t1e
--.io, exercfsed in supplying stocks 10 small dealers in the
1t unsettled state OF business matters The TACT tha' We
have 800 900 les in circulation this fan than was an
.tsi. j. IN its a serious matter. A large percentage Of
wm - a s1-4ar f<s, for, though We have the goods on
s,u a9er sst--sr !. raIue Of those that are perish
vbtrh -azt ss 5r=-s-t 81 fu-aiiately, We must remern3
It .bs bsisacs Will be he4 90 sappy The trade Of leE
30 st 81 rn=-h retuce The imports for Ina year. Ehe
"a -aancs sheet. zh1s slowing that we have b~Ssht
n thz e,,.s a olr anticipated lal trade, VIII afa
ably exLibi, many is-et- o. q nstars that hr5fas ff'eoA'e
rzaHzaIion, except a. such a l0- 81 eaH"@f . h'fne ana
vhr- there is no, mc~h doubt lat ullt v rs car discover b
h.-.. &c to credit Of trade In 5taer directions. sMi the man
ISL is. TO what quarter shall Sc ok in order 10 establish
- balance, In view Of the Contemplated loan 10 u put
the market by the Government shoEt and the conse-
r-, withdrawal FOR a time at least from the aSa'-aHie FUNDS
9 investment Of, say sixty or a hundred Thousand q
- We predict a tight money market As siagnauoh mus
r+- .cterize trade until the arrival Of vessels requiring the
On hand. we would impress the necessity OF economy on
" lt Of all /,
nh. disbursements made by the Government on account "
~ botaI and Government Building, will restore TO cncu-
certain amount of money borrowed for that purpose,
hat permanent benefit may be effected thereby, cannot
he seen. As well might a merchant expect to succeed
zines by borrowing from his employees the money
Fa with To pay them
n matter for corgraiulation that the table Of domestic
Tor the past nine months. a synopsis Of which was
.- 4 in our issue Of October Ith, shows very clearly that
.,urces are increasing but IN view Of the fact that much
internal industry is still c~onteuding with the results Of
re- . ipjrdicious outlays and unforeseen expenditures, it
OF do 70 rely upon them Che increasing resources) for
an smporary deficiency that may happen Some lines Of
100 are likely 10 remain in traders hands. and as the i'm
,-- ions Of this year have been largely in excess Of the last,
We n ~ be certain that, even with our increased means for
1ru ing. and a steady market for our manufactures, trade
WI II below the amount for last year. As our domestic ex-
o1- are the measure Of our resources and capacity OF bust
ms, is through them that we must hope for extension and
gr1ssh-
Fer the present, at Least. a large proportion Of the value Of
fh5ss exports must be used 10 cancel obligations already in
- and we must be content to wait some time before add
r. total values to our general business resources, or to pay
fUr the goods imported.
Tue money loss 10 the Treasury is one that viii hasten the
racuZ Of the new loan, and though the resources Of the
Gcvernment are sufficient to enable Ministers to negotiate this
ban, till they cannot depend upon being reimbursed for this
icm trough any increased activity Of the business which has
baa importantly suspended on account Of an unfortunate dis
asier for even supposing the whaling fleet to rendezvous here
u-rt Jason, their wants will be but slightly, if any augmented
orer previous years, while the number Of vessels will be much
di1i1i shed. We are not in a desperate condition, neither are
w. he blinded to the fact that our business fabric has been
r. ieir shaken, and that the utmost care must be exercised
thsf e do not bring the whole structure tumbling about our
hs
We clip the following from The Alta Of October 11ih:
60 ,e business with Honolulu increases by the Moses TGy-
To- hich carries n good number Of passengers to-day. The
y p Bedford Whaling Company have ordered ten OF their
~ 81 cents. and viii order the remaining twenty-t~o TO
mere If the rate for tone by, rail is reduced to 2 cents
l ezsels average 5000 pounds Of bone each"
10 "the New Bedford Whaling Company may be we
-l-r-t say, but even granting the existence of any such COM
On. we do not believe THAI " ter" or even five ships of
rctic feet were ordered to San Francisco- We notice
'hai If the ssa,5OO worth of goods brought to this port for
&C.,. - 49, 49, nouIn- ~
W7.1a Ronga, on their last trips down, $4,000 worth came
O. former vessel, and that $4,000 worth were for Honolulu.
m dates Of October 18th We quote:
Oh Active. Sperm. sI25; Whale, 55056c.
ElDEs-steady. Dry, 2202ZIs; Sailed, 1161lIc.
the week ending Friday morning, October 18Th:
LET he wo 2og R %@"gG; Mosss %gytoE' A. I p 70 2,
Ee y report. The total supplies by these vessels, aggregate
he .eason's crop supply. Our market exhibits continued
fmress, with sales Of $500 kegs grocery grades, in lots, at
- Commercial Herald, from which we clip the above, il
vide Of the mark in regard to the shipments by the vessels
uaHled a. winding up the seasons crop supply" We have
sea OF hand some tons that viii 20 forward before 1872. At
iris zeas1n Of the year it is difficult to calculate the probable
bazaee Of The seasons crop, owing to the fact that grinding
win depend entirely upon the state Of the weather, and that we
may expect to be very unsettled a. winter sets in.
P~~LU-ImPOrs from January LIST TO October LIST: Bales,
With light imports and a small stock, prices rule firm at &c.
RieE-The stock on hand in San Francisco October LIST
aF1ounted to ~5Oo7,545 pounds or about two months supply.
Ne note Hawaiian hrm al 909tc. with sales OF eco bags
"a the Chamber Of Commerce, at their regular meeting on
Wednesday Of this week, a committee was appointed TO solicit
soh-criPtons for the sufferers by the late great fires in the
Critsd States
There are no movements in the money market to note. Ex-
chauge Is nominal and the rates Of money TO first class bor-
roses from 9 to 10 per cent
Hessrs. Haekfeld & Co. announce their intention to sell ex-
ch-uge on the United States and Europe at the lowest rates.
Tor action on their part promises to keep the current rates Of
c lnge at a rather lower figure than has ruled heretofore.
a-d vii in consequence meet with the approval Of importers
ard others requiring to make remittances.
- We learn by Mr.. s. C. Wilder, agent of the steamer
a raHsa, that the American briganine Admiral, loaded with
lumber for China, touched at Lahaina Sunday, November 9th,
C. d. the captains wife.