The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1904-09-02

August business has been very little.
if any better than that of July and
scarcely up to the corresponding
month OF last year. But with this the
trade situation and collections slow,
there is a healthier tone and all feel
that prospects are improving. The adj
vance and steadiness Of sugar are the
causes tending to re-establish conf
dence make financial matters easier
al along the line There has even
been something of a sympathetic re-
Spouse on the part of real estate, as
witness the auction sales Of the num-
erous properties of the late Judge
Luther Wilcox While prices were alb
surdIy low there were many ready
buyers. showing that money viii come
forth to meet bargains.
Sessions of the Tax Appeal Board
have not been without evez- general in
of the proceedings have been decidedly
meager. Before the income tax sched-
ules are made UP there will likely be
some further almost sensational rev.
Citations under the head of dealings be-
tween certain plenfatfons AID certain
agencies. Local merchants are max
ing an open and dignified resistance
against further burden bearing. The
law department of the Territorial Gov
eminent continues its righteous war
fare upon the foreign corporations
with some probability of forcing the
absentees into contributing their fair
proportion to the general expenses. An
interesting matter before the Tax Ap-
peal Board was the bold claim OF the
agency corporations that their con-
tracts with the sugar companies had
nC taxable value. It has been pretty
generally understood for a great many
years that these contrac s were a
source of considerable profit to the
city houses receiving the commissions
for both buying and selling, at any
rate the agencies have seemed 10 thrive
whether the plantations had good or
bad seasons. II might at least be re-
marked that nearly all OF the agency
people have done pretty weai, thank
you
II comes from San Francisco. home
of the corooration that Hama Plan
tatiou Is in a bad way ana that the
great problem of the hour is the pro-
lection of the bondnolders. HStsoluiu
is not greatly interested IN ttlis con-
Germ. It has been found impractical
BILE or s.bstd business for the new
oIaa people TO carry Puma any long
er and with a receivership it promises
TO Join some of the other impossible
plantations gone but not forgotten
Bishop s. Co. the new agents have,
TO cover themselves. taken a mortgage
of something over $500. 600 on Oiaa. En-
couraging reports are coming from The
estate L is being closely watched anu
good many leaks are said TO have
been effectually plugged.
Stocks and BonCs.-The 1ocSel market
bids fair To become active, having a.
Weakened from a more or less comatose
condition. AS usual with Honolulu the
home buying is 90 "a rising market
The good things just now are EVA,
waiaIua. Ooki,la. Olaa, Oahu, Hone-
nu Honokaa Hawaiian Commercial.
Hawaiian sugar Company All these
are advancing and slated TO move right
along
There have been quite heavy trans
actions In a number of them. Even
Ookala has been selling at from $500
up. Oahu Railway ard Hawaiian
Electric are off the market. So is Ks-
huku. All bonds handled are steady.
Politics are warming up. A number
of citizens and nonresident holders
of Island securities desire an enact
merit in the interest of publicity. Il IS
proposed that one of the officials of
the Treasury Department be detailed
TO secure and file data that VIII in
eiutie exact business knowledge on the
transactions and condition of partner
snip banks and corporations that have
stocks which are handled by brokers.
The formal annual reports fail some
what 20 satisfy the investors and there
are numerous and constant inquiries
about concerns that are We'll known.
stil scarcely known at ALL
It is more than likely that the cele-
bratei Parker legislation. on which no
less than a score Of attorneys are en-
gagged. VIII soon De cou1ar promised. c @.
BarteIi. accountant for the Honolulu
Brewing ana Mating Company, has