The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1907-04-28

the close at IS. Sd. for beet sugar, ecu
can active demand also set in
parcels were quickly absorbed by ref
livery.
Elm view of the large stock of 81
expected that n sudden or importa
good healthy, steady and firm market
be confidently looked for.
"The American beet sugar industry
will be the largest benefactor by an
advancing sugar market throughout
the world, as it will receive the full
benefit of the rise in raw sugar as
well as in refined.
According to the latest advices it
is generally expected that the Eu-
ropean beet sowings will show an aver
age increase of 5 per cent over those
of last year, which would be moder-
ate.
"The week opened with prices of
refined sugars unchanged, basis of
4.60c. less l per cent cash for granu-
lated, which was quoted by all re-
fners.
1.-THE Improvement in raws stimulat-
ed the demand for new contracts, it
being realized that the market was
strong and healthy, and business grew
to large proportions.
Gan advance being warranted by
the general position, at the close all
the r~efiners marked up their quota
lions 10 points, to. basis of 4.70c. less
/ per cent. cash for graduated, thus
Confirming our advices of a month ago.
that prices for refined would not de-
cline, but would follow the course of
raws upward"
There has been a great Improvement
over the previous week on the Homo
lulu Stock and Bond Exchange. c.
Brewer & Co. is 400 buyers on account
of the expected increase in capital
stock. Brewer reserve fund is prob
ably as much in amount as the stock, |
which is one million dollars, and the
is also very large. Eva is
particularly strong az 1915. Hawai-
ian Agricultural, which paid a l per
cent dividend on the 18th, is at $50
with no sellers close to that figure.
[nter-Island Steam Navigation Co. is
it's own at $50. Kihei, from
former sales at s, yesterday sold at
~, the same being bid for a block
with So asked. Oahu is firm at 24.50
sales and 24.75 asked. There have
been some big private sales of Olaa at
$50. Olaa plantation should turn out
10000 to 1900 tons of sugar
lext year. Pepeekeo had $50 bid yes
erday but no stock offering under 165.
plantation is expected to declare
dividend very shortly. Waialua is
trong at 1919 bid, so asked.
Transactions of the week have been
s follows: Oahu $500, 80 at 24.375,
% at 24.25, Is, 25 at 24.375, 145, 50,
IS at 24.50; H. c.. & S. Co.. ($100),
5 at $3.50; Ookala $500, 20 at $50; ,
Ion. Brewing u Mtg. Co. ($2O), 10 at
Z; McBryde ($20), 80 at 4.375, 40 at
so; Waialua $1,000, 5 at 1850; Ha-
7aiian Sugar Co. $500, 200, % at 81;
WA $500, 20, 90 at 1915, 100 at +.
1915, 80 at 25.75, 20 at 25.s75; O.. ,
J. & L. Co. $1,000, 10, 20 at $3.50; !
/. s. \. Co. (s100), Is at $50; Kihei :
500, so at s.25. 7
GENERAL REVIEW. i
Two more business removals, several i
aving been reported last week, are I
!, be noted. The old firm of Hopp i
Co., furniture, has removed from its
ores in the Alexander Young build v
10 to the Levers & Cooke building, a
ing street, where it occupies three
.ories and the basement, an entire YER &
cal section of that fine block. VIM. r
Lyon Co., Ltd, books, is moving @
'om the Arlington block, Hotel street, I
!, p South King street, taking the
alf store formerly occupied by the o