The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1909-01-31
COMMERCIAL NEWS
Continued From Page Four.1
Stock Transactions.

I'd dilhouSH tH1S last Was with Inc
dividend of / per cent. off. Pioneer,
as noted, made the biggest gains, GO
ing up five points in the week. Ha-
wailan Commercial was traded in to
the extent of las shares, closing l.50
above the Monday price. Oahu and
Onomea also showed advances. Waia-
lua dropped off a half, MeBryde a
quarter and Eva a quarter.
Honolulu Brewery and Rapid Tran
sit were the only industrials traded
IN, the latter showing a big increase,
going from Sc, for the common, to IS,
the biggest blocks bringing the in
crease.
Bonds have been very quiet, there
being practically none offered, al
though the money market is calling for
investment bonds.
The week s trading was:
Waialua-5 a $3.50; IL q 50; 10
"a 50.
Pioneer-11o, 100, 10, 800 q al;
90 q l42; 10, O. 1880; 9 q 1850;
25, 20, 10 a LAG.
Hawaiian Commercial = 20, 80 q
1903; 40, 10, 20, 25 "a 1880.
Haiku-5Oo a $50.
Oahu-25 q 2s.S75; 40, 10, 10, 40,
25, 5, 20, 10 a 20.
Ewa-50, Is, 40, 10, 100, 100, 100,
40 a 81; 10 q 26.S75; Is, 80, Is, 90,
20 "a q.
Paauhau-5o q 81.
Kahuku-4O "a $3.50.
McBryde-25o, 25 q 3.125; 25 @
3.25.
Kekaha-10 "a $50.
Onomea-10 M Al; 60 a AZ.
Honolulu B. & NJ Colo, 7 q
1926.
Honolulu R. T. & L. Co. (eom.) y
5 "a 70; "a 1850; 10, 5, 10 a IS.
McBrvde 6s-$1000 a "a.
Paia 6s-$1000, $1,000 q 100.50.
Olaa 6s-$3000 q 97.75.
There were no dealings in o. r. &
L. during the week. which has weak
ened on the bids. The last sale figure
on Monday morning was 125, with 124
asked. On Tuesday 80 was bid and
the price asked fell to 1913, then to
1880 until yesterday, with no takers,
going back to 123 yesterday.
Demand in San Francisco.
All the Hawaiian sugar stocks listed
at San Francisco are strong there, show
ing that the local confidence has ex-
tended to the mainland There is a
strong demand on the Coast for Ono
mea, and it is understood that there
have been large orders for this stock
placed here.
Dividends Declared.
Yesterday the regular monthly div
idends of ten corporations were de-
ciared. These are:
c. Brewer & Co, 2 per cent; Eva,
/ per cent; Waimanalo, 1-2 per
cent; Haw. Electric, ga per cent. !;
Olowalu, l per cent; Hon. B. & M.
Co., ga per cent; II. S. N. Co, "a
per cent; Kahuku, 1 per cent; Haw.
Ag. Co., per cent; and Haw. Pine
apple Co., per cent.
Cut in Pineapples.
To meet the requirements of a pro-
duction in excess of the apparent de-
mand and to encourage the consump-
ton of their product at this time, when
the campaign of introducing Hawaiian
pines into the mainland eastern mar
ket is on, the pineapple growers and
Gamers have decided to reduce prices
for the time being at least. A re.
duction of fifty cents a case has ac,
cordingly been announced, price that
will allow the popular size, the two
and half pound can, to be retailed in
the Eastern States at twenty-five cents
The Gamers reason, and rightly so
that the pines will best advertise them
selves and that an announced reduction
now, at the commencement of the ex
tensive advertising campaign, will in
duee grocers to stock up and be in
readiness to meet the demand that the
magazine advertising is practically Ger
tain to create. At present the market
is sluggish, but it is too early to ex
pect results from one month S adver
Using. The Gamers take reasonable
view of the situation and do not ex
peet wonders from the first printer ;:
ink bought, realizing that persistence
| is required for the beginning. This i:
the experience of all advertisers.
The first results of the advertising
are manifesting themselves, neverthe
less, a message from the agent in New
York, received by the association here
stating that grocers and commission
dealers have made so many applica
tions for the pamphlet issued by thf
| association that the first edition of sly
hundred thousand has already been ex
hausted. A duplicate order will BIZ
given.
The crop prospects are very bright
at present, the estimated crop being
far in excess of the estimated demand
| The latter is liable to expansion
within few months, however.
In view of the reports of carry over
stocks from the Gamers, the price Of
Hawaiian Pineapple Co. eased off OF
the Exchange yesterday from 227s tt
2134.
Drought Affecting Livestock.
Plantations are not the only thing
being affected by the persisten
| drought. The cattle ranches on thu
western slope of Haleakala, Maui, arr
being forced to cut down the size o.
their herds. During the week tbs
Cornwell Estate arranged to ship 35(
| head of beef cattle to the o. R. G L
| Co., while it is stated that if the rain
do not come within the next three
| weeks, another sale of like numbe1
will be necessary.
| Tobacco Lands