The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1902-12-05

Commercial Agency, issued under date
of December 18th, comments upon the
business situation as follows:
Sugar is steadily advancing in price
by each steamer. Latest advices tell
of sales at 3.82c. There is now every
indication that sugar will reach &c.
some time during the early part of next
year. The coming crop will be the
largest ever produced in the Islands,
and although there will be severe
strain on labor, there is no feeling of
uneasiness among the planters on that
score. Good times are surely coming
with the beginning of the new year
That buyers of sugar shares are i'm
bued with more confidence in the situa-
ton is plainly evident in the strength
ening of stocks all along the line. Eva
is now held firmly at $23 and $685.;
several hundred shares changed hands
at these prices. There has been nothing
definite given out relative to the time
when a resumption of the old dividend
might be expected. Oahu sold at 800,
although the stock is now offered at
this figure. The bid price is $3.50. Wal
alua is $50 bid, $65 asked. A private
sale of 200 shares was effected at $3.50.
Hawaiian Sugar is strong at $23.50;
there are no offerings in the market.
Honomu quota lions remain the same as
given in our last report. Kahuku is
$40 bid, $24 asked; sales are recorded
at $22 McBryde hovers between $4%
and So. Ookala sold freely at 50. Two
blocks of Pioneer Mill were reported
at $S5; the present asking price is $50.
Waimanalo, Wailuku, Pepeekeo, Olo-
walu, Koloa and Kipahulu remain prac-
tically unchanged. Olaa assessable is
selling freely at $1O paid up at s12.
Kihei advanced from s61s to ST bid.
lnter-Island shares appear to be the
strongest among miscellaneous stocks;
sales were recorded at s95; this price is
now bid, 800 asked. Wilder S. S.
shares are offered at par; Hawaiian
Electric at 800, Electric paid a divi-
dend of per cent for November. 1t is
understood, however, that the usual
dividend of " of 1 per cent will con-
tinue. Rapid Transit fell to $55; rail-
road shares sold at sos; Mutual Tele-
phone is offered at $40, no takers.
The Bond market has been inactive
Some o. r. & L. Co. SIS changed hands
| at S103A; Waialua bonds sold at PAL
and Kahuku at SOL. A bid of s1011s is
offered for Eva and Hilo Railway bonds
are offered at $101
The favorable indications for better
sugar prices has had its effect in San
Francisco stock market. Hawaiian
Commercial & Sugar Co. advanced
steadily, with heavy sales at $42A
Paauhau, which sold few weeks ago
| at SO. is now BITS bid, S1SM asked. Ono
| mea is s24 bid; Makaweli Sugar Co. is
$241s bid; Hutchinson Sugar Co. is $151s
| bid, $155s asked. Honokaa is SIS bid,
s15R asked. Hama remains about the
| same, $43s bid, IS asked. Sales of XII
lauea were made at 50.
The Incorporation of Henry Water
house Trust Co., Ltd, with capitali-
cation of $200,00 took place last week.
The new company will conduct Trust
Department in addition to a general
commission and agency business.
The Alexander Young building is
rapidly nearing completion. The block
will be formally opened about the 1st
of March,
Levers & Cooke and Lewis & Co. are
making preparations to move into the
Levers & Cooke building on King
street, Immediately after the first of
the month.
The court has appointed W. G. Coop
er, cashier of the First National Bank,
receiver of the Progress Block. The
several creditors include the German
Savings & Loan Society of San Fran
cisco, with a first mortgage of $50, 600,
and Bishop & Co. with a second mort
gage of $4,000.
The mortgage indebtedness has in
creased since our last report. $17,O4OOO.
oil
filed during the past fortnight:
A Deeds OBSERVATION-DISCLOSURES. s36, 1882
~ Mortgages ...-............ Is. 1900
Chattel Mortgages ............ $3.50 90
IL Releases ................. 10,593.0 90
13 Leases. , Assignment of Mortgages,
Assignment of Leases Bill of Sales,
1 Aft. of Foreclosure, 1 Conf. D., 1
Right of Way, 1 Power of Attorney, 1
Agreement.
SALES FROM THE S. F. STOCK
EXCHANGE.
Since November as per stock report
issued by A. w. Blow & Company, San
Francisco.
% Hama Pltn. Go. at $3.S7h.
355 Hama Pltn. Co. at $500.
100 Onomea at S22. 2715.
10 Onomea at so. 80.
675 Onomea at $780,
$50 Hutchinson S. P. CO. at s15.25.
$50 Hutchinson S. P. Co. at sl4.621b.
$50 Hutchinson S. P. Co. at s145O.
615 Hutchinson S. P. Co. at SLABS
80 Hutchinson S. P. Co. at s141215,
100 Hutchinson S. P. Co. at S140O
30 Hutchinson S. P. Co. at Sl475
5000 Hawn. C. & S. Co. p. c. at $4,000
615 Hawn. c. & S. Co. at $4,000
Hawn. c. & S. Co. at $40. %.
10 Hawn. c. & S. Co. at S39S715.
so Hawn. c. & S. Co. at salts.
165 Hawn. C. & S. Co at $4,000.
% Hawn. C. e S. Co. at S4212ls.
$50 Honokaa at S13621a
215 Honokaa at 1878.
215 Honokaa at $3.50.
$50 Honokaa at 1925.
=, 100 Honokaa at s1312%.
20 Honokaa at S1337Ia.
loo Honokaa at $1400.
SO Paauhau at S1a.25.
$50 Paauhau at $3.50.
1l5 PaaIihau at $500