The Hawaiian gazette., 1909-11-16


Hilo r.. R. Colo "a 1s.
Bonds.
o. II. & L. 5s-$6O0O "a 1Ol.50.
Waialua $500, $1,000 O l01.
McBryde 6s-$l000, $1,000, $1,000,
$1,000, $1,000, $1,000, $1,000 "a %.
olaa 6s-$1o0o, $1,000, $1,000, $4,000
"a lo0l21s.
Hilo R. r. 6s-$2OOo, $4,000 "a 1OO.a5;
$1,000 "a l00,50.
Pioneer 6s-$l000 "a 1O4.
Dividends.
Paauhau-20c share.
Wailuku-3 per cent.
Hutchinson-20c share.
Kohala Sug. Co., per cent, payable
Nov. II.
Worlds Money Market.
In having an abundance of money
for all legitimate demands and invest
ments, Hawaii differs just now from
the principal financial centers of the
world, where a notable scarcity of
money prevails The banking house
of Henry Clews & Co. of New
York, in its letter of the date of DC.
tober 80, says that "the growing de.
mand for money is worldwide" They
indicate, also, that the continued war
talk is having its inevitable effect, par.
ticularly the persistent talk of posi-.
BILE trouble between Germany and Eng
land. France and Russia are boarding
money, accommodating gold at an inor-
dinate rate, and it is presumed that
the political and social unrest through
out Europe is responsible for this pol.
icy. The business attitude appears to
be that, although Germany's statesmen
would prefer peace, they may be forced
by economic necessities into war.
Planters Meeting.
The event of most probable inter-
est in Honolulu the coming week, from
business standpoint, is the annual
meeting Of the Sugar Planters Asso-
citation tomorrow. Many of the plan
tation men arrived in town yesterday.
Besides the usual reports and discus.
sions along market and eane-growing
lines, subject is expected to come
up which, in view of the labor situa-
ton in the Islands and the recent UNI
successful strike of the Japanese plan
tation laborers on this island, will be
of the greatest interest. The ques-
ton of raising plantation wages and
extending the contract system will
probably be discussed. The Japanese
editors hope to have the matter taken
up, and it is said that they have been
promised that it will be discussed and
possibly action taken.
Real Estate Dull.
There has been little doing in real
estate the past week, or, indeed, for
thn SnUaral Wanka Would III
buyers are more plentiful than those
who wish to sell at prices offered. One
prominent real estate man stated yes.
terday that there would be a good
many transactions if it were not for
} the fact that there is tendency to
hold property at values higher than
it is really worth. There is a partic-
ularly strong demand for Chinatown
property, but owners are holding on
for better prices than can be obtained
now, although prices offered are con
sidered good by the dealers.
Telephone Situation.
/ The trouble between the supervis.
ors and the Mutual Telephone Com.
pany has been settled, the supervisors
| giving in on the disputed points, and
the preliminary work of installing the
new system is proceeding rapidly. Con.
duitlaying is going ahead satisfac-
torily, and ground has been broken for
the new telephone building.
Double Tracking
! The streetcar company is surveying
King street, preparatory to double.
+ tracking the King street line through
J the downtown section. This will to
some extent spoil the street for gen
eral traffic, but the double line and
/ more frequent ears will prove a great
convenience to the public.
May Keep Open Later.
A movement has been started by
George w. Smith to put Honolulu in
the class of up to-date cities as re.
CARDS the hours of keeping the retail
stores open. Mr.. Smith expresses the
belief that the white merchants are
losing a great amount Of trade by
closing their places of business 80
early that people who have to work
until five or six O'Clock, and soldiers
who can not come into the city until
evening, are unable to make their pur.
chases at the uptown stores and are
driven TO patronize the oriental shops.
1t appears probable that Mr.. Smith 3
view will be taken by a majority Of
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