The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1909-08-01

During the week past, Waialua
Starting the week at $3.50, these shs
cents above par.
AS late as Wednesday, blocks of this
stock changed hands at $3.50. After
Thursdays session of the Stock Elk
change more than so shares were
bought at par, and there would have
been more trading had there been any
more stock in sight. Wednesday morn
ing the directors announced that the
last FIVE months of the year the div
idend rate on Waialua will be q per
cent per month.
Oahu Shows Strong.
Oahu, which showed tendency to
fuctuate during the earlier part of the
week, probably owing to an uncertain
Sty as to what the dividend rate would
6e after the directors meeting,
stsadied up wonderfully after the rate
of l IL per cent a month was an
nounced. 1t was confidently expected
that the dividend would be cut from
per cent to l per cent.
Before the session Wednesday morn
ing, 400 shares of Oahu sold at $28.25,
the lowest point reached during the
slump. Wednesday morning the new
dividend rate was announced and the
inward trend began. The first sale was
at $2S.75 and this was followed imme-
diately by transactions at 500 and
$30.l25. The next sales were at $30.25
and the price continued firm at that
figure.
p
tinued steady at 1925 throughout the
week. There was comparatively little
trading in this stock, though two blocks
of 100 shares each, one of eighty, and
one of fifty changed hands during the
week.
Eva, which began the week at $685.
IS. gradually strengthened up to $50.
The first tendency to strengthening was
noticed when ninety-five shares, in
three different blocks, brought $29.25.
The next sale was at $3.50 closely
followed by $29.75 and $29.S75.
Pioneer Mill Advances.
Pioneer Mill, a widely held stock,
went from $173, at the beginning of
the week, to $176.50. The first ad-
vance came on Thursday morning when
six blocks of stock, totalling lis shares
brought $175. That was the first in
dication of a tendency to get in ex.
tensively on Pioneer. Subsequent sales
were at $175.25, $175.50 and finally one
of ten shares at $176.50.
There was but little trading in Ha-
waiian Sugar, but what there was, was
at a price substantially above that
which held the preceding week. With
the; last recorded sale at $43, sales
were made Saturday at $3.50 and at
$47.75.
Nuuanu Street Sale.
The most important real estate sale
recorded during the week was that OF
the property bounded by Nuuanu and
Pauahi streets and Chapman lane by
NJ. B. Silveira to L. L. McCandless
The price of $4,000 is considered
rather low.
The property comprises 22,259 square
feet and has a frontage of 1907 feet
on Nuuanu street, 122 feet on Chap
man lane and 11S.7 on Pauahi street
MeCandless will erect two-story, re-
ing on the property.
Building In Manoa.
There has been decided revival OF
activity in building in Manoa valley
J. H. Craig has let the contract fol
two houses in the valley. One of them
is for H. F. Glade while the other is
for J. D. Marques. The Glade house
will be erected on the old Perry site
C. NJ Foster is also building hand
some home of the large bungalow type
Ground has been broken for the new
home place which Attorney c. Ell. Olson
will erect on College Hill.
Hilo Hotel Deal.
The First National Bank of Hilo is
negotiating for the old Peacock hotel
property. Should the deal go through
and there is every indication that i
will. the building will be substantially
remodeled and viii be made up-to-date
in every respect. Fred Harrison viii
make the alterations in the building
Elks' Hall.
Hilo Elks are making some extensive