Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1910-02-26
IN BUSINESS CIRCLES

All the plantations promise good
crops, and the sudden advance in The
price Of sugar clinches the belief, that
the prices this year will maintain the
highest range OF years. On Wednes-
day raw sugar went to s4.30, while
beets were quoted at lbs 9Ad That
gives parity of 4.94, very close to
five cents. Another advance was re.
corded on Thursday to 436 cents, and
on the same date refined sugar advanc.
ed ten cents hundred.
This shows conclusively that the
period Of lows" during the height of
the grinding season. in Cuba has pass
ed, and the whole tendency of sugar
prices from now on till June and July
must be upward or at least very
strong at 4.40. No better guarantee
could be given that the bulk of Ha.
wallis sugars will go on the market at
prices very close to 800 ton.
Again the prophet of five cent sugar
is heard in the land, but while the
average sugar man dares not declare
that the price may not reach Ave cents
this season, he hopes 1t will not, as the
pendulum is certain to swing in the
ether direction. With the price hold
ing to an average of 4.25 or 400, Ha.
wall may be reasonably certain of an.
other good year.
Stocks have not been active, they
have been ridicu,ously inactive. Some
claim buyers have not had chance
to get started. Monday is always a
! bad day. Tuesday was holiday and
} Wednesday might as well have been
for all the business people wanted to
} do. Thursday presented no particular
! activity, and although large blocks of
Eva and Oahu sold at "a. and $3.50.
respectively, sale Of Paia was made
! at fifty cents share lower than 1t has
sold before this season. Not a share
was sold on. the board Friday. Pioneer
is strong and advancing Honokaa is
In demand at 20. and will probably 20
higher. Waialua has dropped back, on
Thursday, to 1850 bid but not share
nc ,ho ,,op,o,,n, Mi, ,,,, 90, ,oaa ,.a,,
ton nor cont ,h,s COZ ,h.ra i, No
. reason to expect any to be offered at
tho price hid
oi,o sn,, n, s,s IN Tho h,,ra
, Tbursda, and ,oo sh,ro, NJ Tho s,n.
, eyrro ha,woo, h,ord, Mopr,,ao T.
ruling NJ oh,n, , a7s r,osn iosa az
. os tho snur,. whom Tho ,narL., anal,
! revives from ,,s ie,haryv
III
One of the resu,ts NJ biyb ,ricef
stocks is said to be more money coins
an, -, The rs-r,,orv 10. ,nvo,,van,
/. abroad Tbere 10 M Iaw IN s,on mi.
, excent tho ann,,ca,,o, n, n ,,,,,a oo,,
= mon sense The nronos,y,ons Hawai-
, Offers are ar.t.class MANY n, ,bs
/, deals for which money has been sen,
!. abroad will no liberal in Irish diyf
!. dends ana the peonie will have tho ex
: perience TO their credit
/
- Directors of the Inter.Island Steam
Navigation Companv have recommend
ed TO the stockboIders that tbey invest
/, in another steamer of the Mama Ke,
= tyne. This proves that the Mann,
4 Ken was n good investment and IN,
}. messenger business between the island,
/. is worth while taking care of We ar,
8 getting more visitors and our own peo
n nile demand hotter recommendations
I,
|. Since Hawaii has possibilities in Tn,
|. line OF rubber Industry the followin.
= from consular report ON the industr,
n in general and what IL going ON in IN,
}. Malay peninsula should he read wifi
g interest.
|. To show what abnormal condition
prevail in the rubber market. IT ma,
@ be mentioned that not only the aoto
a tion NJ ,au, cor,,,,o, A., s.o,,o,, Ia,