The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1909-05-30

estate tAeudHSe mas sOlu elgnt lois al
Kaimuki and the popularity of that dis
triet as residential section seems to
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 to the plan
tation of stipulated amount of water.
The demurrer to the petition was sus-
tanned, but the plaintiff corporation
was given five days in which TO make
necessary amendment to the petition.
The petition of the Honokaa Sugar
Company states that the plantation will
suffer heavy loss unless the Hawaiian
Irrigation Company is restrained from
shutting off the flow of water from the
Hamakua ditch. The petition says fur
Their that the fuming of cane is nee
essary to keep the mill in active opera
ton and that, as a consequence, an
uninterrupted supply of water is even
more essential than if it was only
needed for irrigating purposes.
Awaiting Rubber Report.
Those interested in rubber planta-
tions in Mexico are looking forward
with interest to the report of T. l. Il.
Waterhouse. who went to Mexico to
make a personal examination or the
rubber possibilities Of that country IN
connection with the investments that
have been made by Hawaiian capital
L. Cnrnnauv
The nature of Mr. Waterhouse s re
port has not yet been made pubic ana
he has given no intimation as to wheth-
er his conclusions are favorable or not
A large amount of rubber stock has
been sold in the islands and 1t IS be
lieyed that much will depend on the
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 Is
occupying the center Of attention III
the debate on that all-important meas
ure in the Senate at the present time
Senator Clay of Georgia has girded up
his loins and appeared as the champion
Of a lower duty, and IN connection
Herewith has gone deeply into the
mathematics of protection. 1t IS I'M
probable. however, that Senator Clay
opinion will have any effect on the
smear schedules of the Payne-Aldr1cn
hill. As far as the Senate is concern
ed. the sugar tariff is practically SET
tied. and Senator Clay IS simply De!hg
allowed to express his opinion, when
seems to be hopelessly IN the minority
Senator Clay would dearly like 10
emit the duties in half, his point being
that the schedules, as approved py ihe
House of Representatives, are a burden 4
to the consumer that Is not JustIheo
by the results.
Stock Exchange Transactions.
Sales on the local Stock Exchange
for the week were as follows:
Koloa-12 at 1880.
Hawaiian Sugar Co.-12 at 1000
Oahu Sugar Co.-185 at 5000, 20 al
800.
Hawaiian Commercial < Sugar To-
is at 29.75, 40 at 5yO0.
Pioneer Mill-l10 at l62.
Fwa-5 at 2S.00. 50 at 2I.5G, al
1925, 100 at 27.315.
McBryde-1o0 a. 4ou-
Waialua-l6 at $500.
Paauhau-I00 at 24-15-
Industrials.
Honolulu Brewing and Mailing CO.
IS at $3.50, IS al 24.o0.
Bonds.
$4,000 Olaa IS at $3.50; $1,000 Hid
r. Z. 6s at 9275.
Dividends.
Dividends were paid as follows: c
Brewer & Co, ? per cent; Eva, pei
cent; Waimanalo, 212 per cent; Haw
Electric, q per cent; 0lowala, l pei
cent; Hon. 3. & N. Co, Il per cent
II. 5. y. Co., q per cent; Kahuku,
per cent; Haw. Ag. Co, i per cent;
Haw. Pineapple Co, l per cent.