The Hawaiian gazette., 1907-09-10

at a given date, and make suggestions
for simplifying or systematizing the
work of an office. Being a corporation
with capital invested in marketable
securities the company insures that
such responsibilities as it may assume
will be properly carried out.
GENERAL REVIEW.
The Territorial Auditors statement
for August shows current receipts of
$101, ,4S3.19 against $67,045.42 for August
of last year, am increase of $34, ,437.77.
Land sales and special road deposits
account for most of the excess. Cur
rent fund expenditures We're $780,
991.24. or s67,OO4.13 more than August
last year. The current treasury cash
balance was SS,425.97, being s1O1, 1,56O.Ss
better than same date last year. Pay
ments under the loan act were $780,
1919. The loan fund has been brought
down from s661, ,671.93 to s226, ,O26.S5 in
the year ending August 81. The sink
ing fund amounted to $15,223.90, out of
which $4,000 has been used in taking
up bonds. The bonded Indebtedness is
s3,70S,0O0, being $4,000 less than a year
ago.
Treasurer Campbell sailed in the Ko-
rea on Friday to obtain the Presidents
approval of a new loan of s2SS, 900 and,
that being obtained, to sell the bonds.
The proceeds are to meet approprla-
tions on loan account for various public
works voted by the Legislature.
; James F. Morgan sold yesterday un-
der foreclosure the city homestead of
the late j. w. Girvin, comprising a
$1,000 square foot lot with dwelling. on
Kinau street, Mrs. Flora W. Girvin
being the purchaser for s2700.
A consolidation was effected yester-
day of the Union Express Co. and the
Pacific Transfer Co. A. D. Scroggy,
manager of the Pacific, will hold the
same position with the Union-Pacific
Transfer Co., whose headquarters will
be at 126 King street. The Union has
for some years been a branch of the
Hustace-Peck Draying Co. Its direc-
tors agreed to the amalgamation on
Friday at meeting in which a major
ity of the stock was represented.
: Sugar continues to look up, CEN
trifugals having advanced 30 cents in
the ton to s7s40. and European beets
parity $3.50 to sS3. Stocks and bonds
continue extremely quiet, but with no
relaxation on the part of holders.
Dividends were declared as follows on
September: Onomea Is. FL, 40c. a
share; H. c. & S. Co., Csc. a share;
Pepeekeo, l per cent. Ookala has fin
ished grinding with a crop of 54O0 tons.
Hawaiian securities in San Francisco
at last mail advices were generally
some points below the prices here to-
day.
Sales recorded by Honolulu Stock
and Bond Exchange for the week have
been: o. R. & L. Co. (s10O), 10 at 9S;
Hawaiian Sugar Co. (s2O), 100, 25 at
$3.50; H. C. & S. Co. QOO), 8, 10 at 81.
so (S. F.) at ssO.75; Oahu sugar Co.
(s2O), 25. 20 at 23.75. no at 2S.625; Ho-
nokaa (s20), rs at 1915; Eva (s2O),
20 at 25.25; Paia 6's, $1,000 at 100.
Ocean steam arrivals for the week
have been the Indiana from Yancou-
yer, the West Virginia, Colorado,
Maryland and Pennsylvania Gu. S.
cruisers) from Yokohama, the Asia
from San Francisco. the Hilonian from
San Francisco, the Korea from the
Orient and the Sherman from Manila,
Departures have been the cruiser Gin
for San Francisco, the Korea
for San Francisco and the Indiana for
Vancouver.