The Hawaiian gazette., 1903-09-15
COMMERCIAL News

all of years sugar crop will be moved market by
sailing vessel Agents of the various plantations have to
agreement by which they will charter all available American sailing
vessels carry the 1904 market Even though every sailing
ship with American bottom could be obtained for the purpose 1t
would still be call in steam freghers to take care of the
immense sugar crop of the islands.
Several of the local agents have in the past shipped their
by sailing vessels regularity chartered for the purpose but for next
the wind anmers will be utilized almost exclusively Not
that the freghes be abandoned entirely They will probably
take considerable but the exclusion of the sailing vessels
An interesting story told in connection with the determination OF
the planters to ship by sailing vessels which unfortunately for
its truth, is denied by who certainly ought to know This is
the effect that the the planters ship by the
wind mmers" is because the arrival of the feighe is known in
New York amo'o the day The planters receive for their sugar
the this takes the opportunity depre sugar
market few days before scheduled to arrive and
certainty and of impossible control the market for
their especial benefit Also they carry the cargo that the
fregh do and it does not make such great amount of difference
the buyers But with of 900 such the Alaskan
carried would pay manipulate the market against the date
of her arrival But has already been stated this interesting story
denied The given for the action the part of the agents is
that they anxious sailing vessels possible The
be shipped New York only upon American bot
there limit the vessels which be obtained for the
purpose of marketing years crop is anticipated that will still
be ship by treghe and also to San Francisco thence
overland to New York.
In this stated that the planters compelled
pay for sending their from Honolulu to New York. than
the rate from Atlantic port the Orient the vessel
The to From the United States to the Orient
foreign port American vessels competition with foreign
shipping From Hawaii to New York they have things all their own
way and the planters compelled pay the price Still with all
this it costs less to ship by sailing around the llo than by
freigler The difference is great, however,
The of the ''wndiammer' will be welcomed i'm
portant and beneficial factor in local business circles 1t has always
been claimed that the advent of the big ghters there has
been noticeable falling off in the volume of business The freghe
remain here but few days, and sometimes houte remains
aboard all the time, and feghr takes the place of half dozen
sailing vessels The eghter is seldom paid off in port and
leaves but little money here On the other hand each of the sailing
vessels makes long in port and the paid upon arrival
The "wind povioned here while the eghers general
carry their Stock buying the where there rng
difference in their favor At any the "wndjamme will be
welcomed when they come back to Hawaii
tOf the
between boards Honok Hawaiian Sugar and Eva led in the
sales Eva opened the week with sale of five shares but
further sales brought the price back % Altogether
shares changed hands that figure McIyde also among the
heavy sellers still remaining steady There small
sale of hryx shares at 1926 Altogether 800 shares sold
Hawaiian Sugar is still "a; $50 shares selling that figure
Oaa the figure still remains 1925 sales of 1870 being reported
Khei also sold in small punches up Eighteen
from 1925 44.5O 100 shares changing hands figure
and half that number at 1880 In onokaa there but single
e 1910 shares at 49, But little Onomea is to be had fifty shares
found ready aker at 1926. There also sale
of o. r. & L. Co. at 90 few small sales of Pioneer bonds
reported There also sale of S. Kauku bonds
There is little doing in real estate though number of deals
nearing completion There is little building aside from work
already started The of the Merchants Association securing
the transports subject of congrauaon The final settlement of
the Kihe water deal early the week of much
There to be another hearing in the Kohaa ditch
trOyers