The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1907-08-25
COMMERCIAL NEWS
Continued from Page -Four. )


; While the superintendent of Publ
Instruction has IN his hands the plar
for Honolulu high school, proposed t
be erected on the Maertens premise
opposite Thomas square, it is intimat
ed that the Governor will not author
ize the expenditure on the building s
long as any doubt of title to the sit
remains. Title depends on the decision
of the United States Supreme Cour
on the legality of the Lanai land ex
change, the Maertens lot being one o
the properties acquired by the Ter
! rltory In that transaction. 1t was an
nounced yesterday, however, that if the
Superintendent find any way of guar
anteeing the title, irrespective of what
the judicial decision may be, the neces
sary authorization of construction will
be given.
Captain Orwell, U. S. A. engineer
at Honolulu, is advertising for an enor-
nous amount Oh material that will
be needed for the construction of for
LITIGATION works at Honolulu and Pearl
Harbor.
Advices have been received at the
q. S. Naval station here from the
Navy Department at Washington to
the effect that the ship John Ena, the
ship Edward Sewall and the ship As.
trail are under charter to transport
coal for the Navy from the east coast
to Honolulu, and Lind & Co. of New
York, have been awarded the contract
to convey $4,000 tons, about FIVE ship.
loads, to the islands. These eight YES
sells will bring about 10000 tons of coal
and ba- al Is
whose charters have been announced
from the Atlantic coast of America and
from Cardiff, Wales, about $4,000 tons
of coal will soon be on the way to Ha-
wall for the Honolulu Naval station.
1t is estimated that the freight money
the Government wul have to pay on all
this coal for the navy viii amount to
more than half a million dollars.
SUGAR AND STOCKS.
There has been considerable fuctua-
ton IN the raw sugar market at New
York this last week and, cuIiously,
while centrifugals at $3.50 the ton
represent a decline of eighty cents,
the parity OF European beets at $50. 20
IS substantial advance of $1.40. The
latest rise in beets was yesterday to
los. the long cwt
Dealings in stocks and bonds have
been light, the one exception being Eva.
Four blocks of H. c.. & S. Co., making
IS shares irS all, at $S1 were reported
yesterday. Olaa is strong with sales
at $3.50 Transactions for the week
have been: Waiaiua ($100), 10, 10 at
II; Eva $500, 1000, 100, $50, 100, 200
at 25i 0. f. & Lo. Co. ($100), at
SO; Oahu $500, 35, 100 at "a, 5 at
23.S71a; II. C. q S. Co. ($100), rs at
81; Olaa ($20), go at $780, McBryde
6's, $1,000, $1,000 at 81, $4,000 at $3.50;
Pioneer 6's, $4,000 at 101.
REAL ESTATE.
The Waterhouse Trust Co. has re-
ceIved letter from the Treasury De-
partment confirming the cable accept
ing the Mahuka site for the Federal
building. One Sof the pieces of land
comprising the site has been bought
at auction by that company from j.
o. Carter, trustee of J. A. Cummins,
the price being $1S,700.
Transactions recorded the past week
include the following: Deed, Robert
,. Thurston ct al to William III. Ship
man, half interest in land and build
lngs corner Waianuenue and Reed
streets, Hilo, $4,000; deed, Henry B.
Penhallow and wife to Malcolm Macin-
tyre, lot with buildings at College
Hills, $500; deed, Polly Kalua and
husband q. W. to VIM. T. Robinson,
eight lots of kuleanas, Vineyard, Kalua
and Church streets, Wailuku, $4,000;
release, c. Fl. Banning to J. W. Kalua,
on property Vineyard and Market
streets, Waikiki, $4,000; deed, Ellen L.
b. Atherton to Matilda B. Sackwitz,
two lots at Palolo valley, Honolulu;
$1,000; deed, John w. Schultz ct al. by
commissioner to Joseph G. Oliveira,
portions kuleanas 11oI and 1476, Nun
anu road, Honolulu, 5000; deed, Ka-
plolani Estate, Ltd. to Bathsheba NJ.
Allen, property in North Kona, Hawaii,
$3.50; deed, Frank Fitz, trustee. to
Mary +. Foster, lots IL to Is inclusive,
etc, Palolo. $1,000 and mort
gage $1,000; deed, Frank T. Gray to
A. l.. Louisson ct al, five lots in right
Of purchase leasehold, Kaapahu, Hama
kua, $3.50.
GENERAL ITEMS.
Papers were signed the past week en- |
towering Joseph A. Gilman to finance |
he Standard Telephone Co, which has
charter approved by Congress. The |
operation viii include fotation of CAPT /
al stock and bonds. Upon the accom- |
1Ilshment of this to given extent, |
Mr.. Gilman is further authorized to /
proceed with the installation of an au-
omatle telephone exchange in Hono-i