The Hawaiian gazette., 1908-09-01

o shillings 81 pence, though this is
of prices is supposed to be the failures
which very large part of the export
on the market at once, although there
huence the market rather more than its
usiness in Russia with its bounties and
basis that it is hard to fairly gauge the
lg it,
also more permanent than the Russian
ion has not been up to expectation, and
Refners, though they have been doing
ome time, are not wholly without stocks,
$, is carrying no larger stocks than meet
Although there is an unusually large
as much fruit canning as usual. The
in the fruit-canning line is
mt of family canned fruit, that canned
'hich in the aggregate, in spite of the
output of canneries, is very large.
can be now seen there ought to be n
credit balance too large to hold tied up
until the final wind-up of the concern.
Hence there should be distribution
of it, within a comparatively short
time. and this is what some of the
stockholders, at least, are expecting.
With such prospects as these, the
stockholders would hardly be willing
for a reorganization or a new company
to come in now to whom the rattoon
crops in sight should go, unless on
basis of practically par for the stock.
When it is remembered that in the
whole twenty.eight years of the com.
pany's existence it has only paid divi.
dends of 2l1a per cent. this rather
pyrotechnic finish of good crops and
good prices, is especially gratifying to
stockholders.
Real Estate.
There was another auction of Kai-
muki lots by Morgan yesterday. An
entire block, sixteen lots on Twelfth
avenue, opposite Daggett's and z. X.
Myers, the block formerly planted to
papayas, was sold. There was a fairly
good crowd at the sale and n number
of bidders. The highest price realized
was 1915 for a corner lot nearest the
Rapid Transit. The lowest price realiz
ed was $232.50. The lots were sold
as follows: c. Schoening bought two
lots one at 1915 and the other at 1910;
+. Harrison bought one at $780, and
the Hawaiian Trust Company three at
| the same price; Samuel Bradley bought
, one facing on Twelfth avenue at $3.50;
A. Harrison an adjoining one at 1865;
S. S. Paxson got the corner one toward
Diamond Head for $242.50 and an ad-
joining one for $245; J. Kennedy
bought two at $232.50, and two at 1896,
and w. II. Bradley two at $237.50 each.
The Davies Memorial.
Another real estate transaction of
Importance recorded during the week
was the transfer of the new parish
house near st. Andrew adjoining ST.
Andrews Cathedral to the Protestant
Episcopal church in Hawaii by r.
Give and George +. Davies. No
monetary consideration is named the
consideration being the trusts express
ed to maintain the property as me-
mortal to the late TheOphilus Harris
Davies. The entire property, however
can not be worth far from $4,000.
A preliminary meeting of the Wal
kki Reclamation Commission was held
during the week.
Consolidated Pineapple Deal
change in the affairs of the Con
, solidated Pineapple Company was in
timated IN these columns last week
While the exact change then under con
sideration has not come about an i'm
: portant one has. This was the pur
chase by George p. Thielen of the in
terests of Percy Pond and Byron o
Clark in the company. l.. G. kellogg,
remains the manager of the company
, the purchase having been made will
his knowledge and being satisfactor,
to him.
The Office Speciality Company.
The Hawaiian Office Speciality Com
, pany went into new hands yesterday
, The company is corporation capi
talized at $4,000. l.. G. Kellogg con
trolled the concern and was vice pres
! dent while Henry c. Easton was treas
, urer Charles N. Marques yesterday
bought the control of the concern, and
will guide its policy in the future
! The following are the new officers OF
/, the concern, Charles N. Marques, presi
dent; Governor John Baker, vice presi
dent; Richard Cooke, treasurer, and
James l.. Holt, secretary. Marques
recently returned from the East bring
ing with him number of the latest
Edison debating monographs, one OF
which was unpacked and sent up ia
the Governor office yesterday after
noon and was tried by Governor Frear
The deal by which the control of
the company was transferred was made
by the Waterhouse Trust Company.
Shipment OF Honey.
shipment of one hundred tons of
honey was made by the Lurline by
r. L. Waldron. This is the largest
shipment of this commodity ever made
from the islands, il is said. A large
part of the shipment came from the
American Sugar Company apiaries. A
large part of the shipment will go to
London.
Bishop Street Extension.
u There now seems every prospect that