The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1909-10-17

McBryde A2Itle weak.
McBryde slumped 1919 cents. This
was to be expected, considering the rap
id advance in price which this stock
enjoyed during the preceding week.
Selling was not very heavy, particularly
at the low figure.
1t was not consistent slump by any
means, for at one time during the week
the price advanced to 1875 and $50
shares were sold at the price. The
DEVELOPMENT of water on McBryde has
resulted in an actual and not a paper
increase in the value of the property.
With the tunnel already in little over
1000 feet, considerable new water has
been developed and there is every indi-
cation that. as the tunneling progresses
the water supply will increase.
Olaa did not hold up quite so well.
Opening at 5.25 this stock slid down
until the last recorded sales were made
at 4S75. Nearly 400 shares were sold
during the week, despite the laxity in
price. and the stock seemed to be IN
fairl good demand. Some of the sell
ing was doubtless the result of bear
A,avement on the part of those inter
ested in seeing the price go down.
Pineapple Out of Sight.
Hawaiian Pineapple is rapidly reach
ing point where it can not be had
at any price. Fourtyfour shares only
changed hands last week but even these
small sales sent the stock from 27.75
to 2S.25. The unlocked for success of
Hawaiian pineapples at the Seattle fair,
and the greatly increased demand for
the goods since the opening of the ex-
position, has swept away all doubts
concerning the future of the idustry
in these. Islands.
New Concern.
On November l a new Photographic
and artist supply store will be opened
on Fort street Alfred Gurrey, lately
secretary and manager of Gurrey & Co.,
who retired from that firm some time
since, returned from the mainland on
the Alameda with an entire new stock
of goods.
The store will be on the Eva side of
Fort street just makai of Culman s jew
elry store. The building is now being
refurnished and decorated.
A feature Of the enterprise is that
Gdrrey will introduce an entirely new
line of Photographic goods, something
never seen here before. While on the
Coast he made it point to meet the
manufacturing magnates of the photo
graphic world and in consequence he
made arrangements for the handling OF
SEINE novelties which have proved most
popular on the mainland.
Merchants Prospecting.
Retail merchants are experiencing a
period of prosperity such as has never
been known before and business is
thriving in all directions. The man
ager of an old-established Fort street
drvgoods house stated last week that
between April 80, when the fiscal year
Aef his establishment closed, and Sep
@tember 80. more business was done than
during the entire year previous.
From other merchants come the same
reports. Plenty of money everywhere,
people are paying cash, dealers are able
to buy on a cash basis and business is
established on a firm foundation.
The nearest approach to drug on
the market at the present time IS
money. In fact. it has reached the
point where the finding of profitable
investments for trust funds is no easy
matter.
Last week an agreement was prac'
ticallv reached between the telephone
company and the board of supervisors
whereby all danger Of any hitch in the
work of reconstructing the telephone
system of the city is obviated. The
wires viii be placed underground II
the downtown districts, the company
win lay conduit for the municipal fire
and police alarm system at cost, ana
will in return he exempted from the
payment of all inspection fees.
The preliminary arrangements re
garding the establishment of a com
missarv depot have been completed
ami local merchants are now assured
that thew viii lie allowed to bid or
supplies needed for the local army gar
riSons.
Stock Transactions.
Hawaiian Sugar-65049; 5649.
Olaa-I00M5.2 565; 50@5.125
2565; 7504s75; 50@4s75; 25, 5. 80
60d4s75.
Pioneer-1o@1s6; 5@ls5.75; SO
1S6: 15@1s3.
Ookala-50012.5
Kekaha-25(d1S0.
,-aHonokaa-20 40, I061S.50; SO
3.5O; 3o@1s,5o; 10, 10tQ1S.5o.