The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1902-11-08

Even the most confirmed pesshmist of the city after spending a day o mer-
chant street just now. wouldf feel that there is in the air a better sentiment
1t las found expression in many avs hrtm in h looking u IF he prices
of sharesa second in the inquiry fol- properties. The absence of a BOOM
except in oaa which, was only a few hours long, and which left the stock stnn
in other stocks
rhereis a little better feeling n tn money market the k sbeng al
ready partly paid and some men are releasing cash each day. 1t is believed
that there will be some more money o loaning cry soon and the demand
will absorb any offerings in this direction. There may be a longer wait for
The money is in the hands IF Treasurer Cooper. There is some feeling that
this cash should con out as quickly as possible. IS it would nearly all pass
The order of Judge Edings, relieving Receiver Scott and placing F. L.
Dotch in controi If the Kona Sugar o. means III m of h ESTATE under its
10 sch every thing Q n December 4th Jacob c0erper is low there for tbs
purpose of looking owe the estate and it is reported that there may b some-
thing done as a result of his plans for the development of the district
The principal business o the week on The Exchange was don in oaa.
which opened with a rush going % $3.50 for paid and s115o for assesabe. OF
salesso five shares EACH, n which before the close of h Monday session
as pushed p another doiar m the same szetr transactions There vas sim
ply a speculative market however. fr alter in the week. the stock went back
to $40 n ds2 at which there is a brisk demand for it, but there is nor OF
h marke IT the ruling figures the sales making the last quotations being
of five n nine shares respectively.
OF the rest Of the list there was noticeable the most active feeling in
Pioneer whths sold fifty shares at s5 This is in fact a advance steadily
from $780, and it is regarded 10 a a n Investment stock, al the speculative
value having passed in the recent valuable improvements. Eva, starting the
week Wths sales If ten shares at $685. was sent up with sales of fifty at a
eighth better figures Six Kahuku at ST. a Increase of 81 IN the price, com
pleted the record of HI weeks Transactions
In addition tic these sales there vas son inquiry fol- waialua. HI stock
is low held a s5 bid with s5 asked n it is certain if there vas n
that could be had, it would fetch mor than the bid price. The stock is in
strong hands n here seems no ehance that the price will fetch it out just
now. Oahu is strong and there is a general better feeling. This is in line
with the San Francisco market where the stocks are held al improved figures
all through.
There is son foundation in fact for this better feeling as the discrepancy
between he price of beets n centifuga1s is marked. If the two were o n h
basis which prevailed a year ago the selling price of centrffugals would be one
fifth O a cent higher than it now is. and there seems every chance that this
condition will obtain very Don
REAL ESTATE.
The inquiry for house lots continues AM here Is some prospec of a re-
vfval of building. The most ambitious residence in prospect is hat which
W. R. Castle, A- is planning m his block at College Hills. This will be a
residence o n the approved lines for the tropics, with large living rooms below
and apartments for the family above stairs.
n the lin of business blocks the most prominent new construction is in
the building OF a block of four stores o the lot owned by h l. o. {. F.. in
Fort street at Chaplain lane This ia been given to Miss Maude Deitz O.
a comparatively short lease she is putting up a line of four store build
ings there.
The knights OF Pythias are considering the improvement OF their holding
OF Union street at the corner of Garden lane. This wedge shaped lot
back 14of feet o n Unionu until it has a base line of. 95 feet between te two
thWoughfares The plan is to erect a three-story building with basement The
ground floor could be ct UP into i've stores. while he second story would fur
nsh rooms for physicians or dentists, and leave the upstairs room for the
lodge. The committee is % looking into he matter and believes that it
can finance thu scheme on the basis IF son $4,000. The land belongs to
Mystic Lodge and is not under lease
The records of the week show little transferring. The lots are the small
one ad theres a feeling Oft better times to come so that neither party to a
prospective deal is making n gTat effort for business.