The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1907-12-10
Commercial News
BY Daniel Logan.

Preparations for the Christmas q
the streets. There does not seem to
ness felt Smeng the merchants. as the,
traffic should fail mach if anything h
is unavailable for large enterprises in
Of country and town are kept runni
numbers OF people employed nor of '
quarter. A good sugar and = splendid
the prospect in both industries of I
ordinary purposes 81 internal trade, a s
due 70 the conditions just stated. Wi
the mainland, now seemingly fast &C
owing to Hawaii viii be released. II
speedily resume their wontei, swing
enlarged prosperity may be ansieipat
SUGAR A.
With fourteen, sugar as the pSrit,
cane sugar holds for second week
financial stringeney is continuing to d
The standing OF European beet, hewev
good sugar prices for the beginning o
Mills throughout the islands are $
everywhere Is looking well. WeSther
to be plentiful A slightly disturbing
in runors that person claiming 70 rel
around the Islands trying TO organic
nStionslisiss into unions with view
stage with strikes for higher wages. 1
effort Of the kind viii succeed. Most
respective leadership of their OWE upon
are peculiarly diStrustful Of eounselors
Announcement has been made by the
Haiku SUGAR Co. whose stock had sold
at IL Is. that il viii discontinue Its
monthly dividend beginning January
> Heavy expenditure for Improve
ments the past season is given as the
reason Is Haiku has been paying
one and 3 half per cent. monthly. the
suspension Of dividends comes with
the force Of = shock.
II is reported thar Hindu laborers.
driven from town 10 town in the
Northwest by labor sgitSIorS. viii be
shipped 10 Hawaii. A few more la
borerS from the Philippines are under
stood 10 be on their way 10 these is
lands. Japan is announced as now
willing 70 submit 10 American exclu-
sion OF japanese lshorsrs. but wheth-
- : compact OF that kind Will include
Hawaii remains 10 be seen In the
the Spaniards and Portu-
susSe introduced this year. to the
round number OF i've thousand, are
BY all accounts both satisfied and Civ
ing satisfaction on our sugar planta-
lions.
\ special meeting OF Eihsi Planta-
ton Co is called for December 50 10
$ proposition 20 sell its prop
srty on s basis which VIII net the
company sSeo.eoo clear Of all outstand-
ng debts Kihei'S paid-up capital is
: so. Gel. 50 that the proposition means
realization Of one-ffrh the par value
Il stock Last sale OF the $50 shares
vss az $50 and IS the present asked
rice
The few shares OF stocks reported
old the past week evidence 8 sharp
scline IN the choicest Transactions
re-s as follows WaiaIua CSI0d), % at
l; Eva Cses). az 22-75. 10 81 225a.
Q az .. 50 az 27-i2 Is, 5 81 2-5d. 10
Z -; Oahu Cs2el, = ST 23-ss I-2; o. R.
. L Co. s1eol. at g; Honolulu Rapid
'ranSit Glee). 20 at so: Haiku CsIeel.
az rs, o R & I. Co. IS. 5000 81
-. Cal Refinery IS. s2eoe at $50.
Dividends announced on December
7ere- Olonea CSan FranciScol. 90
suts share; h C s 3 Co. s. cents
share; Pepeekeo. l per cent
SOME PUBLIC MATTERS.
President Roosevelt, in his message I.
, Congress. has the following refer
1ces to Hawaii: .
The unfortunate failure OF the ship :
ing bill in the last session Of the :
o1grsss vas followed by the taking :
Z Of certain Pacific steamships. !
HIGH greatly hzmpered movements Of
asse1zers between Hawaii and the c
lzinlzr6 I
Unless the Congress Is prepared by I
0sirive eucoura cement 20 secure =
roper facilities in the way Of shipping O
scxeec Hawaii and the mainland, the Z
Shipping Laws should be
.lzxed 10 prevent Hawaii suffering Z
gain 0
I again cal your attention to the {
.pftal Importance from every stand :
,int Of making Pearl Hsrbor avail
lie for the largest deep water YES /
Is and suitably terrifying the is L
niS.- g
P P SchEerin. president OF the Pa \
&c Mall Steamship Co. at the din s
= Of the naval architects IN New !,
5rk lately, said that the failure Of 4
: government TO support its mari z
ne Industries was fast driving the 4
flag from the Pacific as vel q
the Atlantic He minated that :
{ Pacific Mail directors would not q
notion : Continuance Of business
der present conditions Tie COM
ny would not apply for = renewal %
charter. which expires o. April Is n
II, and would 90 out Of business O.