The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1902-09-05
Chas. F. Herrick Carriage Company, Ltd
BERREY's COMMERCIAL REPORT

Berrey's Commercial Report for the
last fortnight of August is just issued
and the showing of the business for the
two weeks is quite favorable. The re-
port in full is as follows:
Business on the Honolulu Stock and
Bond Exchange, after two weeks sus-
pended animation. was revived at last
Wednesdays session with brisk deal
ing in Waimanalo at $50, Oahu Railway
at $3.50, Eva at $40 and .Olaa assessa-
BILE $50 per cent paid I'M, at 81 A small
This was the first sale of Eva since the
cut in the dividend, the previous sales
being at s2450. Oahu Sugar sold dur
| ing the week at 60 and Waialua is Of
| fered at $40 with no takers. There are
several large blocks of Hawaiian Com
or under. Makaweii shares are sold at
| 20, the closing quotations being 10 bid,
81 asked. Kahuku is offered at %. The
stock is weak and could probably be
purchased at par. There were declines
in Kihei which is now being offered at
s; McBryde, at Az; KipahuIu. at 7O;
Ookala, at 8; Pepeekeo, at $50; Waikiki,
at 255; and Hawaiian Agricultural at
$50.
| Hawaiian Electric and Inter Island
are the favorites among the miscellan-
eous notes. Orders for the former stock
at $S5 are in the hands of several brok-
lers. Inter Island appears to be firm
at par. This stock is paying a monthly
dividend of 1 per cent. Rapid Transit
Ishares are offered at g. which is the fig
ure of the last sale Mutual Telephone
can be secured at par, although 101a
lis the asking quotation. There has
been no trading in Wilder Steamship.
Steady bids of 1O1 are made for Eva
bonds, 1O1 for Rapid Transit per cents
land 104 for oahusRailway bonds. Wal
Ialua bonds are offered at par
a bid of $4,000 made by E. o. White,
president of the McCully Land Co.,
Ltd, bought in 149 acres of land known
as the McCully tract at a public sale
held in front of the Judiciary building
on August IS. This bid was subject to
a first mortgage of $4,000 held by R. D.
lsilliman. The McCully Land Company
viii prepare the property for the mar
ket.
The Bank of Hawaii, Ltd, has UNDER
written the $500, 900 bond issue of the
Kohala Sugar Co. The present issue is
S150,00O, the remaining half remaining
in the company's treasury for future
improvements.
A water company has been formed to
lsupply Waimea Mill Company. operat-
ing on Kauai, with water. The sugar
corporation has experienced consider
able expense in operating pumps and
besides the wells have contained some
salt. Under this new arrangement Wal
mea should prosper even in the face
iof the present low price of sugar.
Owing to the depressing times and
the lack of ready coin among the retail
merchants, it would seem advisable for
the heads of the various government
departments to see to it that their sub
ordnates pay their bills There has
been considerable complaint from mer-
chants on this very point
W. G. Irwin and the Messrs. Sprack-
els have leased to Charles Gay all their
lands on the Island of Lanai, aggregat-
ing some 10000 acres, for a period of so
years. at $4,000 per year rental Mr.
Gay has the option of purchase on these
lands for the sum of $4,000.
The mortgage Indebtedness has in
creased since our last report $447, 1922.
The following instruments have been
filed the past fortnight:
rs Mortgages ......,....... 45S609 %
lSI Deeds $112,0S2 %
II Chattel mortgages ....... 1906 q
10 Releases ............... n,453 90
3 Bills of sale ................ 5S,9SS 50
Eighteen leases. assignments of
mortgages. ? assignments of leases, s
powers of attorney, agreements, ! af-
fdavtts, cancellation of assignment /
decree of court, association, fire
claims.
SALES FROM THE SAN FRANCISCO
STOCK EXCHANGE.
40 Shares Makaweli, %.
50 Shares Paauhau, S. P. Co., s1l.50.
40 Shares Paauhau, S. P. c., s11.00
10 Shares Hama Plan, S3.621a
so Shares Honokaa S. Co., $3.50.
80 Shares Hutchinson S. P. Co., $11.5O.
10 shares Hutchinson S. P. Co., $11.3712.
SALES FROM THE HONOLULU
STOCK EXCHANGE.
591 Olaa asses, at 81
$50 Olaa asses. at $4.05