Saturday press. [volume] (Honolulu, H.I.) 1880-1885, 1880-09-04
co m M y X CIAL.
NoNoLnLN. arRr. !. Isp.

H0NOLuLU. sEPT. :. ion.
Entering the of hawaiian affairs We regret "
should he duty 10 record dearih ~ bu-iness
IN onf community through the actions ~ the past few
wcetsby witch all branches ~ business md fadshsYe
suffered by the pofvsdsg of confidence In IN" adj
ninistration ~ tho Government not only among onr
people hero but their correspondents abroad and the
Nations whose friendship, Interest and protection We
should Jesously guard and soep,
Will. W. condemn tile tanse and drpfrchte the result
W. cannot but congratulate our business community
on tao nnarsny Of feeling and action that has been
shown by much saerince for there II much
o. stake, no, only In liberty Of speech, protection ~
bu.iurss and social interests tu, The Independence Of
Hawaii.
Hiss voii know fact that Investments arc The baron.
etes Of every and not only In commercial but poti
cal sense and 10 iniarc the t"ndsto ruin Tho other
rhi. mas bton shown 10 u aresdy In tho deprecated
values NJ Real Fsate recently sold NJ auction here AMI
the reported soton by tho Anglo California bank, Of
sap Francisco IN refusing iosn "a this Government
fof mm grafton pufpo.es that had been arranged Tor,
simply on the want Of confidence" movement that
wa. pending In the Legislature the departure ~ the
last mail steamer n such action istakan rumorod
grounds II shows what IL 10 be expected when
arbitrary since accomplished are fully known, II
IL for th~.e principles seriously at stake that
community have been, now, and intend yet TO be
the defenders Of Iiawsis true interest, In which this
jonrasl will be a fearless exponent
nuiding prospects continue active 40 far NJ work nj.
ready under way Il conccrncd-nnd we hope the darn
cloud ~ uncertainty that hangs our fair isca will
he Jisps.d lest the improvements yet In contom.
plstion fai Of b-lng undertaken. A"t
schooner iionora has nj last found purchaser In A.
" Cooke will add hor To his fleet Of ooasers under
tho name Of Mana.
The brig Nioholaus offered at auction ON Saturday
last had no bidder and was Withdrawn.
i" stone House. the residence Of Mrs Armstrongat
the head Of Richard street was disposed Of this week
At private sale TO tho Catholic Mission.
Receipts Of Sugar for the week ending Friday Sept
I'd, 6iss pkgs-nbont 735, 800 pounds.
soaAns-- sales the past week have been its hhds
a, Ard d. do roT'o R Rico sood
for fair tcnning hsa do Cenfuegos basis OF 1915
10, good far r.anins M dS rSts y, mso' -, aSis
rior Manila test about "a TA aud ~ do Porto Rico
receipts, iiy, tons on tcnncrs account.
Tbr above Is from the ". Y. shipping LSt OF Aug. z
We told that under the contracts by which most Of
sugars sold sugars test 81 nt the last quotsd
Manila basis say S6y would bring e6i7 ytc they sell In
New York at s7.8s II would also seem that the as
sumption Of so for a standard OF extra superior Manila
IL against our planters, being Be above that given as
the standard Of such sugar In the above quotation It's
well known that nfcr sugar gets above e each degree
above that adds much TO its intrinsic value and to base
the value Of Island sugars on that Of Ex Sup Manila
aud then claim standard OF s2e IL simply II the above
quotation OF 81 be deducting Ave cghths OF
Ing to add Ave cighhs OF cent should be to equazc
the values These views may be open to criticism; II
should be glad to get correct information on the
subject.
Respecting tho mooted prospects OF New York
desirable and profitable market for sugars,
put forth several weeks since and in reply to the r. o.
Adpertssrs article thereon of July 3ist, the weekly
Alta OF August 18th, has the following;
"a sense Of justice would prompt to extend to the
matched against the power OF the San Francisco re-
Hawaans sympathy, provided they be ounoqually
sons which might be dSanGed va % Opposition to me
the Hawaiian Treaty OF Reciprocity intended an
incentive trade on the Pacific Coast, and, virtually
q measure of relief for the Hawaiian Islands Both
objects have been accomplished The export of
San Francisco has been materially increased and a-
through the same means undeaotcdly great gains have
10 ns S4 S""s % A
favorable to the Hawaiians, aud the merchants and
tion should he sharp in the Hawaiian trade
other & 81 trade TINS w be s mGe
will eacctuay rehned sugars from the Eastern
their terms have understood that the prices of
n.wa were 4. o9 s a. o. e 5nng
y all the ppS1 D any S s 50 so as
owing y the fac! that the operations Of the treaty have
that continued complaints have been made by the
Southern planters But should the Hawaiian sugar and
being admitted free Of duty to enter into direct
petiiion with the home products then would there be
@ ,ss %S'
poration would be such that the Hawaiian could hardly
Ss sss IoSsS sn i h. Eastern
reners could aod to pay better rates than Su, ~ Tenss
then be clear that efners might with safety exer-
most sisieas which 70 test the matter would Be
for the awaiaus to invite competition In the lslands
between representatives of Eastern and San Francisco
rehnere,