The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1910-09-02
FINANCIAL REVIEW

the stock exchange, with Pioneer Mil
the greatest favorite. Oahu Sugar,
which has been the center Of attrac-
tion along 'wan Street" for a month
still held its position during the week,
through many fluctuations.
The general tone Of the market at
closing was optimistic, more so than
for several weeks past and while there
were large number Of decreased sell
ing quotations, the bear influence that
has agitated the street was plainly re-
moved.
This influence, which had been the
most plainly noticed on Oahu Sugar was
broken early in the week when excel
lent reports came in from the planta.
tion and small boom resulted which
quickly raised it two points. Later it
dropped again but finally closed at 80.
During the attacks which were made
on this stock it reached 80 fat and
there was a report that there was an
attempt to force the stock down to
90. This, however, was not done and
the condition of the plantation seems
now to preclude further manipulation.
Bidding closed yesterday at seven
eighths but thirty-two was uniformly
demanded and several blocks changed
hands'at this figure on exchange.
Some gambling on the 1911 crop
leaves the market still unsettled, the
present campaign being within a few
weeks of completion. The price Of
sugar, uniformly high throughout the
week 3 quotations, combined with the
heavy rainfall on most of the islands
of the group. lends an optimistic tone
TO the market.
The effect of the irrigation plans
completed, progressing aud proposed
are being felt.
There was little feature outside of
the sugar list but bonds came in for
great deal Of attention. One of yes.
terdays sales in the bond list quoted
$4,000 in Hamalua Ditch 6s at 104. SO
jump from the last previous sale. Bonds
TO the total par value of 500 500 chang
ed hands during the week, the largest
figure noted for some time. One fea.
ture of the bond market is that most
of the money is staying at home in
local securities rather than taking up
Californian bonds, even at the alterna-
tive of investing above par.
Unofficial figures show the total
stock sales of the week to reach $l99,
63s. a normal week IS trading. A dull
market Monday was followed by sew
eral DAYS of activity, followed by
heavy trading Thursday and Friday
Yesterday market dropped Off little
in interest The sales for the week
are divided as follows:
Monday, $6236.25.
Tuesday. $1O99625.
Wednesday. $61 .2S6.S75.
Thursday, $42.235.25.
Friday, $50, 53375.
Saturday. $2S, 349.625.
BY stocks. the sales were ms follows
Pioneer Min Company, 23S shares al
$54 1896
Oahu Sugar Company, 1896 shares al
$42.s64.
Hawaiian Agriculture Company, III
shares at $24 300.
Hawaiian Commercial and Suga
Company. 5S5 shares at $24,01s125.
Waikiki Sugar Company, 80 share
at $1,000.
Eva Plantation Company, 27O share
at SS996.625.
Oahu Railway and Land Company
80 shares Mt $7Ol2.50
Hawaiian Electric Company, 2
shares at $3.50.
Kahuku Plantation Company, 35
shares at $6l25.
Waialua Agricultural Company 3
shares Mt $4542.50.
0laa Sugar Company, 435 shares a
$2s37 1925.
Hutchinson Sugar Plantation Con
pany, 100 shares at $27s0.
Pahang Rubber Company, Pd., IL
shares at $2ls4375.
Waimea Sugar Company, 10 share
at $l4OO
MeBrydo Sugar Company, III share
at slO89.975.
Honolulu Brewing and Mailing Con
mny, 81 shares at $73s.s75.
HonoRaa Sugar Company, 30 share
AT s4s5.
Yesterdays trading featured Pione'
extensively, seventy,fve shares cham
ing hands at $50. o. II. & l.. noted
drop of two points on small Off boar
sale. The sales for the day Were;
Pioneer-20 IN $50; "a 230; s
93O; 90 a $50; 10 a $50.
o. n. 4 B.--50 "a l4O,2o.
Pahang Rubber. Pd.-l00 "a 1850.
Honokna-l0 "a 1880; 20 "a 1875
Oahu Sugar-l5 "a 1885, 10 "a 81
3 m go; 80 6D 80.
Fwa-5 CD 1875.
Haw. c. & $50 "a ALPS.
Bonds.
Pioneer 6s-$6000 az l02.
Hilo 6s l90l-$500 "a 100.
Namakua Ditch 6s-$5OO0 a l04,
BUILDING AND REALTY.
Building permits amounting 10 81
$50, exclusive Of several applicable
Tor repairing permits, We're issued fr
The Office OF the building inspector d
ing the week.
The new school which is TO be So
commenced ON south street hetw'
King and Queen added materially
the amount. h. Full, the contractor