The Hawaiian gazette., 1909-06-01

Another residential property that has
changed hands is that Of the house and
lot Of j. II. Fisher, which has been
sold to Mrs. Short for $4,000. The real
estate exchange has sold eight lots AT
kaimuki and the popularity Of that dis.
trict as n residential section seems 10
be gradually increasing.
The Honokaa Injunction Case.
Action has been temporarily deferred
in the injunction petition asked by the
Honokaa Sugar Company against the
Hawaiian Irrigation Company on the
ground that the former has violated an
agreement for the delivery 10 the plan.
tation of n stipulated amount of water.
The demurrer 20 the petition was sus
tanned, but the plaintiff corporation
was given Ave days in which to make
necessary amendment 10 the petition.
The petition of the HOnOltaa Sugar
Company states that the plantation will
suffer heavy loss unless the Hawaiian
Irrigation Company Is restrained from
shutting of the flow Of water from the
Hnmalun ditch. The petition says fur.
ther that the huming of cane Is nee.
essary 10 keep the mill in active opera.
tion and that, ns consequence, an
uninterrupted supply OF water is even
more essential than II IL was only
needed for irrigating purposes.
Awaiting Rubber Report.
Those interested in rubber plantR.
tions in Mexico are looking forward
with interest TO the report Of i. 4. j.
Warehouse who went to Mexico to
make personal examination of the
rubber possibilities Of that country in
connection with the Investments TINT
have been made by Hawaiian capital
in the Hidnlgo Rubber Company.
The nature of Mr.. WateThouse's re-
port has not yet been made public and
he has given no intimation M TO whetb.
er his conclusions are favorable or not
A large amount Of rubber stock has
been sold in the islands and IL is be-
licved that much will depend on tho
opinion that Mr.. Waterhouse gives on
the possibilities of the rubber planta
tiOns in the domains of DiaZ.
The Tariff on Sugar.
The tariff on raw and refined sugar "
occupying the center Of nttentiOD In
the debate ON that all.imporlnnt meas
IRE in the Senate at the present time
senator Clay Of Georgia hns girded uT
mis- loins and appeared ms the champion
Of Il lower duty, and in connection
Herewith has gone deeply into the
mathematics Of protection. IL IL i'm
probable, however, that Senator Clay't
opinion will have any effect on The
sugar schedules of the Pnyne-Aldricl
bill. AS far Hs the SeDatc is concern
r, ed, the sugar tariff Is practically set
tied, and Senator Clay Is simply being
allowed to express his opinion, whicl
seems to be hopelcssly in the minority
Senator Clay would dearly like Il
cut the duties in half, his point being
that the schedules, as approved by tb'
House Of Representatives, are u burden
TO the consumer that Is not justified
by the results.
Stock Exchange transactions.
| Sales on the local Stock Exchange
! for the week were as follows:
| Koloa-I2 at 1880.
Hawaiian Sugar Co.-l2 Mt 1000.
Oahu Sugar CO,--IS5 at 5000, 20 a.
3100.
Hawaiian Commercial & Sugar CO.
Il6 at 29.75, 40 nj 5000.
| Pioneer Mill-II0 at 1872.
Ewa-5 at $500, 80 ut 27.50, 8 al
27.25, 100 at 27.375.
McBryde-I00 at 400
Wainlua-l6 at $500.
Paauhan--l00 Mt 24.75.
Industrials.
Honolulu Brewing aud Mailing CO.
| 81 at 28S76, 10 Mt g4.O0.