The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1856-1888, 1871-11-04
ommERCIAL.
FRIDAK NoYEMRER 3. 1s71.

DUErSs the past week business has gone on quietly, and
though the absence Of ourusual tsn feet from the Arctic has
caured much disappointment, and not a few gloomy fore
4oifngs vet we are pleased 20 note a determination on the part
of cur community TO look the matter square in the face, and
10 meet the results with courage and confidence
That heavy obligations have been incurred amongst our mer-
chants 10 meet the expected fall trade is true still those re-
sponsibiEtns were not undertaken TO supply a speculative
marke, bar were based upon sound premises and to meet a
ssg1im ate demand and though the loss Of the whaling feet
AMI consequent disturbance in the movements Of stocks Of
goods OF hand, and ordered, viii Cause business for the next
six months TO be sluggish, yet the balances between the i'm
porters and the retailers can be adjusted equiiably and SITS
factOrTy to both parties, provided the creditors are Ienient and
prudent Some goods may have 10 be returned to the shelves
Of The wholesale dealer, but a. the stock is largely composed
Of n0r-Persshable staples, time viii enable the holders to WORK
en- the supply. At the worst our importers have merely pre-
anticipated the demand, for no one, we think, doubts the fact
Of a ne~ 6eet reDdezyOusiDg here in the spring and fall OF next
year The tact that we have On hand a large stock "hereWlth
20 q out whaIemen, will induce shipOwners to send out their
TesseIs, with orders, not only 10 recruit al the islands, but 10
supply themselves with the goods that, ordinarily furnished at
home. can be put On board here quite as well as 10 New Bed
ford. Our own merchants too have strong Inducements to nj
out WhaIemen from this port, and as We know that there is
now a. there always has been considerable money here seeking
paying Investments, much Of il can be brought forward to be
used in this manner
While the commercial horizon does not look clear, we can
not think that its appearance foreteIIs a financial stor1 with
prudence and patience the exigencies Of the situation can be
met, and By retrenchment in public as wen a. private affairs
the prosperity Of the islands can be secured, and business ex-
Pand again with new life and vigOr.
In this connection we have TO congratulate our citizens upon
the establishment Of the Chamber Of Commerce in our midst,
and with their counseIs TO guide Us we have no right to de-
spair Of the future
The auction sales during the week have been very quiet and
confined to scrub lots" principally. The Hawaiian bark
MauHa LOa, sailed on Thursday with supplies for the Guano
Islands and to cruise. As she carries a large complement
OF men, and IL fully fitted for whaling, il is surmised that she
may be one Of the first on the Arctic whaling ground next
spring.
The fvoite passenger bark ID. C. Murray, Walker &
Allen, Agents, left here on Wednesday Of this week, with a
full complement Of passengers
The bark r. ". Wood, II. Hackfeld < Co, Agents, followed
on Thursday with a number Of passengers.
DOMESTIC PRODUCE REcEIyED At THIS PoRT DURING
THE WEEK ENDING FRIDAY NOY.3
I545 kegs and 29 bags sugar 655 bags rice wood, tallow,
hides, paddy, fungus, goat skins and native cargo.