The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1890-08-04

New York July Goth Cuban GEN.
trifugal 90 degrees ) 52-100 cents;
graduated 6 3-16 cents.
The local market presents no
new features of consequence the
free arrivals on vessels arriving
prior to the departure of the Aus
tralia last week, have had the effect
Of depressing the market somewhat
and both refneries reduced their
quotations 1 cent, graduated now
being held at 81 cents.
The firm tendency in the East |
ern markets in the last report con-
tinues, and still stronger feeling
is observable in London. The large
quantity of Cuban which can be
placed on the market on short no.
tice at any time when desired has
somewhat depressing effect in
East. The advance in England is
due to the wet weather which has
deteriorated the beet crop. The
Louisiana sugar crop is progress
ing very well and in many par
lshes the stand is finer than has
been the case at this date in many
| years.
The Senate is soon to begin the
debate on the tariff bill, and while
it is hardly to be expected that the
gag law that was employed in the
House will be so rigorousl y applied
in the Senate the debate will be
cut short wherever and whenever
possible. The opening gun was
fired by Voorhees, of Indiana who
all but precipitated general de-
bate on the 2lst inst. by attacking
the bill.
No coffee was imported from
Hawaii during the month and the
total quantity for the six months
ending June Both was 1880
pounds. The imports of Hawaiian
rice in June aggregated 758,3OO
pounds as against 1927, 624 pounds
from China and 5,513 from other
places. The total rice imports for
first half year were as follows: Ha-
wall 4,651, 200 pounds, China 3d.
1929 pounds, Japan 1851 pounds,
and other countries 1920 poun DIS.
Sugar Trust Reorganization.
On the 25th inst. the Trustees of
the Sugar Trust issued a circular
to the certificate holders, announc-
ing that Theodore Havemeyer, F.
O. Mathersson, J. B. Thomas, J. +.
Searles, Jr., and J. A. Sturzberg,
together with such bankers as they
may select, have been appointed a
committee to form new organiza-
ton for the purpose of protecting
the certificate holders. They have
selected the Central Trust Com
pany as depositors for the certiti-
Gates pending the reorganization.
No details of plan under which it is
proposed to reorganize the trust
were given in the circular.
Regarding the reorganization, j.
E. Searles, Jr., said recently that
the trustees would soon bring suit
in Brooklyn, asking that the trus-
tees be empowered to wind up the
affairs of the trust and dispose OF
the property IN their hands for the
benefit of the certificate holders
who are the real owners of the
stock. He said: "This action is
taken by the trustees because it is
} the only thing that they can do
They do not propose, in their
official capacity. to accept any Of
the responsibility of the matter Of
reorganization. They, therefore
appointed a committee with power
to cooperate with the other stock
holders for the purpose of securing
as promptly as possible a new or
ganization to protect their prop
erty."
Personal Mention.
About year ago some Mormon
elders induced thirteen native Ha.
waiians to leave their homes or
Oahu and join the saints under pro
mise of high wages and steady
work at Salt Lake City. Early il
the week nine of them-five men
three women and a boy-returneG
to the city and they are on boar(
4 the Mariposa. While in San Fran
. cisco they were given assistance BY
Consul Mckinley. The colony o
native Hawaiians at Salt Lake
: while quite large is in state o
: discomfort.
t Peter Jackson, the colored pugil
=. list, is among the passengers on th'
Mariposa. He is en- route to the
Colonies for vacation, and is il
$ company with Sam Fitzpatrick
another Colonial bruiser, who act:
. as his trainer.
! Among the passengers on thu
Mariposa for Honolulu is James II
Pratt of Albany, n. Y, who came
e to California in 1915 and remained
/ here only year. He intends t.
. remain in Hawaii some time.
= Working for the Ships.
j. Robert J. Creighton the New
, Zealand Governments Agent i
doing excellent service in bringing
the necessity of passing the ton
: mage and subsidy bills to the at