The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1900-09-13
Mr.. SH|NGLE
RETURNS
He Talks About Island
Securities.
WAITING ON ELECTIONS
Senator Clark Of Wyoming Will
Look Out for Hawaii's In.
terests in Congress.

|
house & Company returned by the
Mariposa yesterday. He has been away
from Honolulu about seven weeks, go
ing as far east as New York, and he
| spent some time in Chicago, Omaha,
Denver, Portland and San Francisco.
While in Omaha he consulted the Union
Pacific Railway people in regard to the
printing of extensive advertising mat
ter about the Hawaiian Islands with
favorable results. A beautiful book
showing Honolulu up to date and con-
tanning pictures of the new Moana ho-
tel, Waialua hotel and the new Alex
ander Young building, street scenes.
new sugar mill buildings, ETC., will be
given. Many thousand copies of the
book will be sent broadcast over the
country, effective distribution being
the main point.
Questioned concerning Hawaiian
stocks, both sugar and miscellaneous,
Mr.. Single said last evening to an Ad-
vertiser reporter:
while abroad L was consulted by
many capitalists, both in the East and
| West, concerning Island securities; but
II seems that only the western men as
rule are interested deeply enough to
make actual investments. The San
Francisco brokers feel very hopeful
over the situation. Charles Sutro says
that sugar is bringing nearly five cents
and the production is not keeping pace
with the demand. Mr.. st. Goar insists
that Hawaiian securities will sooner or
later be listed on the New York mar
ket and this will offer material relief
for our market. r. G. Brown, Worth
ington Ames, Strausberger, Blow and
| others of the brokers that / met con-
tend that the inducements offered here
in the sugar market are golden and
that the election of Mckinley and the
endorsement of the present admins
tration will bring oceans of money out
for investment, and that a great deal
of it will find it's way here. The San
Francisco banks are chock full of
money.
"Messrs. POLITE, Sutro and Brown
will go to New York the latter part of
the present month and work in the in
terest of Island securities. Mr.. Ames
expects to make business visit to the
Islands shortly and will probably come
down on the first trip of the Sierra.
! One thing is certain: Our sugar bonds
. are regarded favorably, and when the
news of Oahu's bonding was first heard
in Frisco, 1 heard one prominent bro
ker say he would take them all at once
right off the reel the moment that Nc
Kinley's election is assured, and he
was certain there was very little risk
in that.
Il might state that Mr.. Dillingham;
as well as Mr.. Pollitz, Col. George Mac
farlane and Phil. Lilienthal of the Ne
vada National Bank, have done great
deal in New York financial circles in
the way of making known the chances
offered in Hawaii at the present day for
investment. l feel doubly certain that
we will begin to see a general rise in
stock values following McKinley's cleo
ton.
What about politics? Well, every
body seems to be satisfied with the
present condition of affairs. Demo-
Gratis, Populists and Silver Republicans,
are satisfied that prosperity exists from
one shore to the other. They know that
things will be much better and might
be considerably worse. This fact will
have it's influence here. The Repub-
lean campaign managers are now go
ing to force the fight, and the speak
er's platform win be Prosperity
The entire Union Pacific system
from Ogden to Omaha is undergoing q
process of Strengthening and 100000
will be spent this year. All the rail-
roads are improving. No able bodied
man need beg and the absence of men
dicants in the larger cities is quite con-
spicuous. The coal mines of the west
are suffering for want of laborers.
Senator Clark of Wyoming said tC
me a short time since that he intended
to keep watchful eye on Hawaiian
) matters in the next Congress, especially
the redemption of bonds. Senator VOL
\ colt of Colorado and Senator Warner
L Of Wyoming told me they were more
pleased than ever over Hawairs annex
alton, by reason of the prosperity exist
l. ing here. That is the one great point
for Hawaii-that she is self-sustaining
and is able to send money back to the
United States Treasury-which other
of Uncle Sans possessions are not do,
ing"
-e