The Hawaiian gazette., 1890-06-10

market has exhibited more strength
faan for some time past. The CALI
fo-nia hiss advanced rates cent all
sround. quotations being now on
Inc basis Of g. cents for graduated.
There are as vet no signs of any
action on the part of the State Su-
preme Court In the American re-
finerv case. Your correspondent
has positive information that this
decision has been in the hands of
the typewriters for some weeks and
ha6a not been that politics will'be
boiling over shortly and that poll
rics has had much to do with the
prosecution Of the case against the
American company, the decision
would have been handed down long
ago. This seems at first sight rather
strange, but 10 any one who is IA
miliar with politics in this State,
the statement will not seem out of
the way. The Supreme Court Is
evidently possessed of a desire to
Re on friendly terms with both
sides.
The eastern market exhibits great
6rmness, and prices are certain to
be higher.
some Tariff Legislation.
Il Will be = pleasure to the Ha-
waIian planters TO learn that the
prospects Of any tariff legislation
bv the Senate at this session are
very slim. Unless the whip of the
Republican party is applied very
vigorously. that sedate body will
take rs own time in the considera-
ton OF the Mckinley Tariff Bill.
That measure was formally sent TO
the Senate in due course Of proce-
6ure. and was referred TO the
Finance Committee on the 29th
inst That body has about decided
70 refer each division Of the bill TO
subcommittee for consideration
and report. II this is done, it
means that the bill cannot possibly
lie placed on passage before the
summer recess.
The seton Of the House on the
Mckinley bill has had q most dis
astrous effect on the price Of the
leading sugar stocks. As an ex
ample. Hawaiian Commercial is
quoted at Sl9l bid and s19E asked,
and Hutchinson Plantation Co. 1T
So bId and $50 asked.
Hutchinson Sugar Company.
At the annual election Of the Hut
Crimson Sugar Plantation Co, held
NAY 18th. in which II, $50 shares of
the capital stock were represented,
The old Board Of Directors were re-
elected. They are John D. Spree
kels. a. B. Spreckels, P L. Lilien-
ihaL II. Ehrmann and Louis Sloss.
John D. Spreckels was elected Pre-
sident: 4. B. Spreckels, Vic-Presi-
lent and Treasurer; and E. Il.
sheldon, Secretary.
The annual report shows that the
assets Of the company amount to
S2IO1.3 %, and there are no liza
bilites. The receipts for the year
were s56S, pa, and the expendi-
tures s424.O31, including $4,000
raid IN dividends. The balance on
hand l. Sl44, 293.
PersonsI Mention
Mss Tessie Fair, the eldest
daughter Of ex-senator james q.
Fair. and Herman Oelrichs of New
York. will be married on the Sd Of
June. One Of the most magnificent
gifts Is : alei" which was sent by
King kslakaua. 1t is one of the
rovsI collection and was made for
The Prince Of Wales, but for some
unknown reason was never present.
cd 70 him 1t IL almost priceless, as
L : made OF the royal feather,
which Is worth twice its weight in
gold. II Is brilliant yet deep
glowing yellow, and is beautifully
shown of by the handsome case IN
which Il was sent
Pc. Jones. the capitalist and
plsuter. arrived on the 18th inst.
from his eastern trip. He was at
once sought out by the reporters
OF the san Francisco press, but had
little 70 say. His tine was spent
IN looking over the situation and In
seeing what can be done in case the
American Refinery case Is decided
TO the trust by the State
Supreme Court. Mr.. Jones was, up
70 the time Of the transfer OF the
refinery to the trust, one Of the
heaviest owners Of the companys
stock. and rumor once had it that
he vas largely instrumental in aid
mo 1bst transfer. He has nothing
to say about the refinery situation
or about the sugar tariff. except
that he. in common with all the
Hawaiian planters, is bitterly Op-
posed 70 free sugar. II