Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1910-08-13
IN BUSINESS CIRCLES

makes the whole dividend seventy five
cents
HOnOkaa has been quite active and
holds strong at 1925. Olaa has CON
tinned active, going as high rs G.Gzj
and sagging back. TO $50. This stock
II now figured ~ one Of the good
speculative stocks or to put II more
correctly, a first class investment to
hold for year. There are many pre-
dieting a steady advance 10 . and
10 and greater things for the com
ing year when the large crop and the
reduction Of expenses. coupled with n
good price for sugar, will practically
wipe out the floating indebtedness Of
the property.
Oahu suffered this week an attempt
at an attack, through q misrepresen-
tatiOn Of the condition Of IT. water
supply. The statement was 80 far
from the truth, and the denials liz
sued by the agents and plantation Of
fcers were so prompt and to the
point, that the canard about poor wat
err and short water had little or no
effect on the price Of the stock.
a two hundred share block Of Eva
sold Friday at 33s7J. Paauhau seems
fairly strong at 2G.75.
The greatest activity seems 10 be-
In Brewery stock This was selling
at GLIB at the close Of business on
Friday. This represents slight
slump that IL dificult to understand.
Every indication points to the prob
ability OF the Brewery resuming its
dividend Of one per cent a month. The
dividend was cut while the Prohibit
ton agitation WAS on. but that mat
ter having been settled there is every
reason TO believe that the condition
Of the company will warrant the one
per cent rate.
Federal Building Site.
Talk OF the probable action 10 be
taken by the Federal authorities In
connection with the enlargement Of
the Federal building site was given a
new impetus this week by the receipt
Of cablegram by Collector Stack
able requesting him to secure infOr-
nation regarding the values Of the
property represented In the block on
Fort street between King and Mer-
chant lie II also to report on the adj
/ visibility Of condemnation proceed
ings
This shows that the Treasury De-
/ partment Ii going right ahead TO per-
I feet the work authorized by. Con-
gross but, at best, the rate Of prog-
, ress must be very slow. Take the
Austin Estate property. for instance,
on which the Hall a. Son store IL To-
Gated. The principals Of the Austin
estate are In the east. Their agents
4 here will have 10 communicate with
+, them and a great deal Of time will be-
consumed IN obtaining the first pre-
limlnaries Then the occupancy of
the Cummlns block by Castle a. Cooke
will be hard nut for the authorities
to crack IN assessing damages, So
notwithstanding the fact that the
Treasury department has begun ia
move ~ the matter good number
OF months will pass before the negO.
tlations will be In such shape ,aat
present occupants OF For. street
buildings will have b. move out
( Under any circumstances the Fedora
government will awe the tenants OF
the buildings ample time In which "a
provide new quarters.
II is said that Congressman Bar.
thold. when sizing up the situation Of
the Increased expense consequent Il
taking In the whole OF the block. re,
marked that this was the first time
init the Government had ever been
able 10 secure u Federal building sit,
IN the midst OF the retail and nctiy,
bnslness district OF city That II
Orns reason why he took To The idea oI
the enlarged sito 81 kindly.