The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1908-06-21

100 Olaa, 4.
Wednesday-l5 Oahu Sugar Co,
2S.l25; Is Olaa, T.
Thursday IL. s. y Co., 1925;
ia Haw. Sugar Co, So; 200 Eva, IS;
80 Waialua, $3.50; $4,000 Haiku IS, 100;
$4,000 Paia IS, 100; 30 o. R. & L. Co.,
101.
Friday Eva, IS; 60 o. R. & L.
Co, 1920; 20 Haw. c. & s. Co, %;
A O. R. & L. Co, 1015O; 10 Waialua,
$3.50.
Saturdays H. c. & S. Co., %; Is
waialua, $3.50; $4,000 Pae S. NJ. Co
IS, 100.
DIVIDENDS.
Dividends have been declared and
announced as follows:
June 15-Hawaiian Sugar Co., Ia
per cent; Oahu Sugar Co, 119 per
cent; 0. R. & L. Co, p per cent; Pc
peekeo, / per cent; Waialua. 1-2 per
cent.
At the regular monthly meeting of
the directors of the Hawaiian CONNER
cial and Sugar Co., held June 10, 1908,
dividend of so cents per share was
declared, payable on July 5, 1908.
The raw sugar market seems not to
have changed greatly. There have
been some variations in quotation, both
for centrifugals and beets, but nothing
indicating any change in vital condi-
tions. Men whose Judgment is based
on wide study and careful consideration
express the belief that higher pri es
win yet prevail The salient factors
in this Judgment are, the fact now
seemingly well established that next
year s Cuban crop is seriously affected
by the drouth, the European beet SOW
ings show no increase, the reduction of
the British duty will tend to increase
consumption in the United Kingdom,
and the fruit crop of the United States
is a good one, giving promise of in
creased consumption of sugar in can
neries. The financial depression in the
United States, which will naturally
tend to reduce consumption, is the only
apparent untoward factor
PEARL HARBOR CONTRACT.
The Honolulu Rapid Transit Com
pany has the contract for hauling a
minimum of 1000 tons of crushed rock
from the erusher and quarry at Moi
liili to the wharf at the foot of Ke-
kauanaoa street. This is the crushed
rock to be used in the present con-
struction at Pearl Harbor under the di-
rection of Captain Orwell and the War
Department.
HILO BREAKWATER.
Construction work on the Hilo break
water will commence within a very
short time The Hilo railway has pur-
chased additional rolling stock to meet
the hauling requirements of this con-
struction.
JAPANESE BANK.
There is some prospect that either
the Yokohama Specie Bank viii enlarge
the scope of the business of its branch
| here. and undertake more fully to meet
| the banking requirements of the Japan
| csc business community, or that in COM
bination with some other banking in
stitution it will do it.
NEW SHOE STORE OPENED.
The opening of the Regal Shoe Store
was the most important event of the
week in the retail trade of the town.
LAND SALES.
Morgan yesterday sold two cottages
on South street, including 5000 square
feet of land. to NJ. NJ. CaIhan for $50
| These were sold at the order of c. FL
Diekev, administrator of the estate OF
the late ". F. Williams, and were for
the purposes of the administration OF
the estate. Morgan also sold two small
! lots in the Kapiolani tract. each 50x10o
feet, unimproved, for $3.50 and $3.50,
| respectively.
CAPITAL INCREASED.
| The Koolau Railroad Co. has increas-
ed its capital stock by $4,000. James
B. Castle took practically all the new
issue. The new stock was made neees-
sarrv on account of the expense in
cured and to pay the outstanding IN
debtedness.
FREAR AND GARFIELD.
The return of Governor Frear and
the arrival of Secretary Garfield were
the events during the week of greatest
present interest and most important
material bearing. The Governor re
turns much satisfied, as he may well be,
with his trip and the results OF the
| Governors Conference in Washington
Secretary Garfield has come to learn
at first hand conditions in this Terri
tory. 1t is through his department that
all Territorial matters go, hence ms
v;s;+ X most important one. HIs