The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1901-07-17
BUSINESS OF,,HoNoLULU FOR
THE FIRST HALF OF JULY

| GzEs
Berrey's semi monthly circular of
| business in Honolulu for the first two
weeks of July. issued yesterday, is
as follows:
The general trade movement seems
|. less active at this season of the year
than is usually experienced. We are
led to believe the present inactivity
is caused by tightness of the money
market, and in some instances a scare
ity of goods. The conditions of trade
are far from being satisfactory. Mer-
chants report a falling off In margin
of profit, and loss in volume. Coliec-
lions are slow, old accounts dormant,
but creditors pushing vigorously. The
agency is making stronger efforts to
collect on these, and has had crafty
ing success SO far this month. Many
merchants report collections harder
than ever, and failure to meet obli-
cations have extended to those hither-
to unqueStioned about credit during
previous years. The foregoing condi-
tions extend to outside. districts also.
The commendable and persistent efforts
of the mercantile community to mar
row the credit limit is more perceptibIe
each day. We make no special com
ment upon any particular line of bust
ness. All branches fail TO reach the
seasons standard.
A large amount of money has been
paid out during the last month locally
In dividends.
The steamship Sierra relieved the To-
cal potato famine
Stocks-The demand for stocks Is
light and inactive. Men supposed to
be on the inside of stock conditions, ad-
NIT that we have more stock than
money.
The outlook is by no means disturb
ing and the probabilities indicate a
less rushing trade for the next year.
There is no question of the fact that
general prosperity will return again in
the near future.
The manager desires to apologize for
recent pessimistic reports. Yet it is
truth, even for the purposes of en-
couragement.
Three more local corporations are
being promoted. Also, two Qikely) TO
combine on the Island of Hawaii
We not one local bankruptcy since
our last report.
The mortgage Indebtedness of the ISL
ands has increased since our last re-
port $109, 090.74.
The Japanese merchants report
money easier with their people
throughout the Islands, owing to the
increase in wages.
BUILDING PERMITS.
1. Ishisaki, twostory lodging house.
South street.
w. T. Patty, two-story dwelling house,
Nuuanu street, mauka of School street.
w. NJ Campbell, one and one-half
story dwelling, Pawaa Tract.
Hawaiian Engineering and Con-
structing Company, brick two-story
dwelling and store, South street.
c. A. Choy, two-story dwelling, Bere-
tania and Miller streets.
Wang En- Flu, one-story kitchen,
School street.
Akana, three-story dwelling and
store, River street.
Pin Kan, two-story store. Pauahi
street.
Wang Sang, two two-story stores and
tenement houses.
Hee Tuck Sam, one-story kitchen.
King street.
DIVIDENDS.
c. Brewer & CO., 2 per cent; Haiku,
2 per cent; Hawaiian Sugar Company,
2 per cent; Kahuku, l per cent; Paia,
2 per cent; Waimea Mill Company, /
per cent; Oahu, per cent: WaImanalo,
Q per cent; Eva, 1 per cent: Honokaa,
Is cents; Olowalu, per cent; Wailuku,
per cent? Wilder S. S. Co., 11a per
cent; First Saving Trust, 215 per cent
First National Bank. 21a per cent
(paid June 15); Hawaiian Agricultural
Co., 2a per cent; Honomu, 2 per cent;
Ookala, per cent; c. Brewer & Co..
10 per cent special.
STOCKS SOLD ON EXCHANGE
SINCE LAST REPORT.
Ookala-20 shares at $14. 90, So shares
at s14.25; 25 shares at s14. SOFAS shares