The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1902-02-17
San FranCisCans
Ready to Make
Purchases.
THEY WANT BONDS
OR REAL ESTATE
Will Watch Sugar Stocks Before
They Buy Heavily After Their
Past Experiences.

Il was most pleasantly disappointed
10 find that business in San Francisco
was very good, as affecting the ISL
ands. and that there was plenty OF
money there to invest in matters here"
Mr.. A. 3. Wood. OF II. Waterhouse &
Co. who returned from San Francisco,
had this to- say of the results OF his
trip to the Coast. Continuing. he said;
of course. there Is little new money
going into sugar stocks in San Francis
co Just now There have been several
things which have caused us a black
eve. The decline in Hawaiian Com
mercial was one of them and another
was waiaIua- The most conservative
and the heaviest buyers of course I'M
derstood the reasons for this kind OF
thing, but the small men have been
slow to see what has to be done in the
matter and so they simply rail. and
find believers. The feeling seems to be
against purchasing OF sugar stocks at
this time. and it is likely that there
viii be nothing done until there has
been at least a general showing OF sup
port in the shares here. OF course there
are buyers who want to get in at this
time. and they will see what is to be
done here very soon In fact, one cap
itaiist, whom / know. and who mas
been promising to come here for some
time. said ne would come down at
once. owing to the fact that there are
such low prices, and it is wisest TO see
how the Dublic here treats Hawaiian
stocks. so that line may be had on
the securities of the country.
..When the San Francisco people are
offered a good business proposition
such as a bond or real estate invest
nnent, there is great amount OF money
10 b.. bad There is feeling OF great
interest in things Hawaiian on the
Coast. and there seems no doubt out
the various bonds which are being OF
fered and the plans to obtain loans
5bere will be attended with success
The matter which took me to San
Francisco involved the interesting Oh
persons in things here, who had never
before made any investments In our
securities. There seemed to be most
cordial feeling on every hand
The weather in California was very
cold. There was frost and ice in outer
Oakland late in the morning and there
seemed no doubt but it would DO
great amount of harm. There was
snowstorm in Southern California one
day. when all over the rest of the state
there was a fairly good temperature
This gave the San Francisco papers
chance to get back at Los Angeles anu
they took it. The fact is that hres
were most acceptable for much OF the
TIM. and San Francisco had colds as
we'll as cold.
IT look for many pilgrims here dur
ing the next six months and that there
will be many good investments MADE
HiIo and Oahu Railroad bonds have an
excellent standing there, and are DOM
bought and sold frequently
cit is an odd matter how taxes az
feet our loans. could have done some
business with an Oakland bank, out
their taxes on money loaned wouiu
amount to s2.55 per arnum. and as
consequence no money in hand TINS
ix only a dollar a thousand above what
the tax rate is in San Francisco SO
the bank cannot compete with the men
from the larger city for business In
.,.,s,al the business outlook is excel
lent. Money can be had in plenty III