The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1910-02-08
STOCKS VERY STRONG.

Several stocks reached high water
mark on the Change last week, and
though the general run of prices was |
high, there was considerable trading. |
There was a general upward tendency |
in all stocks except brewery. The bot
tom fell out Of the latter, as n prob.
able result of the, prohibition agitation, |
and just how much the shares would
bring is doubtful. Doubtless a good
sized block could be gotten at n very
reasonable figure.
Waialua reached the prophesied 1870
and showed great strength. Eva and
Oahu regained the pinnacles which they
reached for brief time the week be-
fore, while the closely held stocks
jumped up out of sight Honokaa was
in evidence in small blocks, but there
is little of this stock to be had here.
Several industrial stocks which have
not been seen on the sales sheet for
weeks made their appearance, but at
| prices which precluded the possibility
of any extensive trading.
Eva opened the week at 81, with a
! healthy demand noticeable. Nine hun
dred and ninety shares, in blocks rang
| ing from five to 400 shares each went
Mt this price, and then the figure ad-
vanced to "a. so. Some 400 shares
brought the latter figure. Ut is esti-
mated that the output of Eva planta-
| ton this season will be greater than
for several years past. The crop win
be harvested from 36s496 acres. In
| 1908 the average output per acre was
$40 tons and conditions now are more
| favorable than they were then.
Oahu again reached 35. so. This is
the highwater mark of the stock and
extensive sales at the price give an in
| dication of the attractiveness of the
stock. The opening price was 81 so,
but only Zoe shares were allowed to go
at the price and then the advance
came. Thirty-fve was the figure at
which the next 700 shares sold and then
the stock again advanced fifty, the last
sales being made at $3.50. Four hun
dred and fifteen shares brought the
high figure.
Honokaa advanced from 90 so to 90.
One small block of stock brought 1926,
but this price did not prevail for any
length of time. There is almost none
! of the stock to be had on the local
market
McBryde again showed tendency to
take the upward path. Seven was the
figure at which the first sales of the
!; week were recorded, but these shares
advance to 7.5O the latter part of the
week.
Hawaiian Commercial advanced from
1875 to. 1925. There were but few
] sales recorded however for there wa:
little stock to be had at any price.
Waialua reached the 1870, which has
been prophesied for some weeks. Ter
shares brought this figure and then the
price slipped back to 1919. At closing
I. time yesterday 1919 was bid and 13C
asked, The price will probably &C
pretty close to 40 before the present
advance stops according to the present
outlook.
Onomea went from So, at which figure
100 shares were sold, to $3.50. At the
latter figure go shares changed hands
Hawaiian Pineapple appeared al
:, $3.50, fifty shares being recorded.
. No brewery stock was sold during
the week and no one seemed to wan
any. The last sale price quoted on thu
= sheet is %, but shares offered at 1872!
failed to find any takers yesterday
!. Several bids were made and as quickl,
withdrawn and after the session yes
terday an offer of sale at Is was de
clined, according to report. This stool
will be very shaky until after the fat
of the Curtis bill is known for prohibi
ton would of course render the stool
! practically valuelessS
There are many timid stakeholder
J. who would be glad to let go at almos
any price and it was prophesied on TIN
street yesterday that some more drop
will be noticed before the end of thi
~ week.
y SOME TRADING IN BONDS.
4 The new issue of Olaa skies mad
It its appearance on February 1, and tn
st securities were snapped up in short OF
der. The entire issue was disposed o
n in record time, the price being 81
IN There have been standing bids for tn
securities at that figure ever since, bu
= SO is the lowest selling price which ha
I, been quoted. No sales were recorde
. the latter part of the week and in fac
10 the only ones which made their appea
= ance on the sheet at any time WEI
40 some $205,000 worth sold at 95 I'll
Il. earlier part of the week
I. The Olaa bonds are well secured an
a