The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1901-10-08
COMMERCIAL.

There is plenty of money to be invest
ed in Hawaiian shares, but the majority
of the would-be purchasers want the
very bottom prices and the result is
that while there is a much greater de
mand than there is a supply. more bids
than offerings, the prices have not I'M
proved to any extent. Though there is
a chance that there will be some lower
quotations marked UP, the immad ate
prospect is that there will be stronger
market before there is any substantial
decline. There are many buying orders
on the books of the brokers but il is
impossible for them to get the blocks
wanted
The feature of the week was the sale
of Hilo Railroad bonds, the 100000 of
the new issue being captured without
any band playing. This perhaps will
be all of these bonds which will be put
out here. The reports from the coast
are that there will be a good price paid
for bond back of which is a substan-
tial company, and this leads to belief
in the report that b. f. Dillingham; will
sell the rest of the Hilo Railroad bonds
III san ~. 49,,
er bonds is as good as ever, and there
seems to be no let up in the desire of
the old reliable hackers of Hawaiian
enterprises to take all the securities
that may be put out of this kind.
The market for shares was without
special feature, though railroad stock
seems to nave been OH a shade during
the week. While there were sales at 80,
the taker being regarded as an insider
nv the street there are rumors of sales
o,.ar ,o,,,r th,n tho, d,urs hut there
even ,o"e' man ,'''' "s''N' ~,
nave peei no such Reports oii .ne ''N
change. Another STOCK whlch mas NOT
figured in the published reports but
which is being traded in rather extern
siyely and sensationally. is Hawaiian
,,c,n,,tur,, Cnn,n,ny mic stoc,, has
-, e. -,
nee" va '''V 't'ie io' sonny &c
ms ,'''ie wv LIN, "nuu. s'Vo' ,',
w. ' ,,.,,',.. 49,. '..,., ,
VIC as e. '''e"' ma ms o.e" '""'e
teruay' LOT transfer ol lhis s'o'h at
$3.50
AS marking the END of the active
week there was a block of 400 shares
of Eva sold yesterday between boards
which was not long in the search of
taker. The block was in the hands
of Lovekin, and was taken by Carter
at %. While this was n quarter below
the ruling quotation, 1t was "a large
block, and the sale was made without
any cutup at all, which was desirable,
owing to the fact that there was u
speedy return desired Ookala is re-
ported down to 50, and there seems to
be a tendency to hammer some shares
especially of the outside plantations.
Taking it altogether there is a better
feeling, and one which will send the
market up with some sort of move
when dividends begin to come in more
rapidly. There will be n sorting out
of the stocks which will prove gilt-edg-
ed soCn, as the plantations are reported
pau grinding with the exception of
Eva and Kahuku, where grinding will
| be completed very soon. There will
be reports within a short time which
will show just what may be expected
from each company.
REAL ESTATE AND RIJIIDING.
7. -, -. a, IT,. ,,,n,r
~ "as ,- q ra, S" 80, uu ~, =. =
III p"Tt nv, ~ IL az aa, 80
-, IN NJ r,o .i.l,a
~ ny - ~ J.. a. s .n pes ,, In, III
M 81 .rtho,,i,' ~ - a,a. w..
L. ,hara ,,,iIi he hettar 49, ,''t Co.,
r. 80, ~ 'ort disr.n" as nj,
rno, nrnnert,, vh,e ,haro h,,,a hnar