The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1910-02-11
THE STOCK MARKET.

Olaa showed a tendency to strengthen
yesterday and during the session of
the Change $50 shares sold at 6.75.
an advance of a quarter point over the
figure at which the last preceding sale
was made An advance in the price
of the stock has been looked for since
the new bond issue was tloated and yes
terday's activity indicates that inves-
tors are beginning to take interest in
the shares.
Olaa has been constant at ESQ of
late. and when the advance came yes
terday people began to take notice At
the close of the session 6.75 did not
draw out any shares and holders were
demanding :. There is every reason
why this stock should go up for the
plantation is now in fourishing condi
ton and the new bond Issue has placed
The affairs of the corporation on a sound
basis.
McBryde advanced from 7.25 to the
three Fights in the bidding. but no sales
were made, $50 being the figure de
manded Reports indicate that the
plantation is in excellent shape.
Eva showed slight falling off. but
this is easily accounted for by the rap
| dity OF the rise in price recently made
! by the shares. As a matter of fact the
! plantation has never been in better con
dition and there is every indication that
the manager S estimate of 10000 tons
! will be exceeded by a good margin
| Eva harvests this year from 372l.4-
acres and Apokaa from 94.70, making
| a total of 3S16.1S to be cut. The cane
is growing finely and everything j:
| 1Ourishing.
Between boards Eva dropped from
% to "a in the trading and the clos
! ing quotations were 33.S - bid. 81. ,;
asked. y Slight advance viii probably
come this week.
Honokaa sold between boards a
1925. an advance Of II ID cents owe
| the figure at which the last preceding
sales were made. Four hundred anC
forty shares changed hands in all. al
of the sales being made before th'
session. The closing quotations wer,
% bid, $3.50 asked.
| Oahu continued very strong. Fiftv
shares sold before the session at 35.5t
and the closing quotations were 35.5'
bid, 1919 asked
| Brewery showed a little stronger
/ probably owing to the action Of tn,
| chamber Of comme,ce in passing resO
buttons opposing federal prohibition
| That the action of the chamber woulC
be followed by a strengthening was t,
| he expected. The announcement thi
morning that the senate committee vii
| probably report faVorablv on the Cur
| It's bill viii without doubt have If
effect on brewery stock today Fighter
and half bid, 10 asked, were the clos
| ing quotations yesterday.
There viii not be much trading OF
the Change while the present higl
prices hold. The present price
are largely due to unwilIngnes
on the part Of holders to turn thei
holdings into cash at a time when sat
| isfactorv stocks and bonds are hard Il
get. The plantations viii pay gooc
/ dividends this year almost without ex
! ception and in several instances Their
Will doubtless be extra or special divi
! dends
There was Just enough trading il
BOMBS TO remind folk that there ar
such things. Fifteen hundred dollars
worth Of Hilo railway SKIES. issue o
1901, went at par. and $1,000 worth o
Hawaiian Irrigation SKIES brought l0l