The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1910-01-28


of Alexander & Baldwin behind it,
even though II have but short time to
run, is very attractive to investors.
Hilo Irrigation.
Hawaiian Irrigation skies fully
paid), sold at par before the session.
Ten thousand dollars was represented
in the deal. There will, in all prob
ability. be no more of these securities
even at this price, Holders are asking
10l.
Sugar Shipments.
Sugar shipments have been rather
slow so far this year. This is not
due to any scarcity of sugar but is
the result of the stormy weather and
consequent high seas which have pre-
vailed of late. At Hilo, Kahului and
Kaanapali, loading has been carried
on under great difficulties, and at the
latter port it has been almost impos-
sible to move the crop even the inter
island steamers being unable to load.
However, some 10000 tons has gone
forward Since The first of the year and
further shipments will soon be started
on their way.
The Virginian and Mexican of the
Observation-Disclosures company have both
been dispatched since the first of the
year. The Virginian carried away 1000
tons of sugar and the Mexican 10,400
tons. Both of these cargoes are con-
signed to the Atlantic seaboard, via
the Isthmus of Tehuantepec.
The Missourian, which has a capa-
city of 10,700 tons, is now loading. Her
cargo, according TO present indications,
will probably fall little short of
her capacity.
The bark r. P. Rithet and the bark
Andrew Welch, the former with 500
tons and the latter with 600 tons. have
been dispatched to Crockett refinery.
The steamer Hyades, carrying 1000 tons
for the same refinery, will sail today.
The steamer Enterprise, carrying 1900
tons, will sail some time this week.
The Hilonian will carry about 1000 tons
and the Nevadan is now loading.
The Nuuanu will take load of sugar
aboard at Kaanapali and will act as
pathfinder around the Horn for the 1910
sugar fleet. She will carry about 1850
tons.
The ship E. NJ. Phelps will sail about
February 10 with 800 tons of sugar
for the Atlantic seaboard, via the Horn.
During the month of December,
81 900 tons of sugar was shipped
through the Sugar Factors Company to
the Atlantic seaboard This sugar was
dispatched on the steamers Alaskan
and Arizonan via the Isthmus of Te
huantepec. During the same month
1929 tons of sugar was shipped to
Crockett refinery, making total Of
30,S20 tons for the month sent out
through 1.-THE factors company.
~. III H.. =
the shipments will increase steadily
during the next few months.
Realty Deal.
James D. McInerny has purchased
the Wey property at King and Bishop
streets and plans to erct a modern fire.
proof store and Office building. The
purchase price was something under
| 100000 and the formal transfer will be
| made just as soon as the necessary pa
pers arrive from the mainland.
The land belongs to an estate and it
| was necessary to secure the signatures
of several of the heirs before the formal
transfer could be made.> The papers
have all been signed and are now on
their way here from the mainland.
Just as soon as the deeds are record
ed plans will be drawn up for modern
building. Whether this will be two
or a four-story structure has not been
decided, but Mr.. McInerny inclipes
more toward four-story building. The
lower floor will be given up to stores
suitable for first-class mercantile estab-
lishments while the upper floors will
be fitted up as offices.
Whether or not the stores of NJ. Me-
Inerny, Ltd, will be moved to the new
building has not yet been decided. In
fact, no definite plans have been made
further than that modern building
will be erected
Though the property has been pur-
chased in the name of James D. Nc
1nerny, w. II. McInerny is also inter
ested in the deal. Just what the pur-
chase price is has not been given out.
The Stock Market.
There was little doing on the stock
exchange yesterday and prices showed
a tendency to weaken. Buyers were
evidently affected by the weather of
the past few days and chilled pedal
extremities seemed to be the order Of
the day.
The timidity simply resulted in a
slump in trading and did not seriously
affect the prices, however. Eva sold
before the session at "a, $50 shares in
all changing hands. The quotations at
the close of the session were 1878 bid,
"a asked.
Brewery appeared on the sales sheets
again yesterday, ten lonely shares
bringing %.
During the session seventy-fve shares
of Honokaa brought $3.50, the quota
tion at which the last previous sales
were recorded. The closing bid was
2225.
No trading was recorded in Oahu.
This stock showed n slight falling away
from the high figure at which the last
sale was made but this WIS only to
be expected considering the meteoric
rise made during the closing days Of
last week.
The sales recorded yesterday follow
Stocks.
Ewa--l50, 30 an "a.
Honokan-40. 80 IA 22.5o.
Pioneer-5 al 2lO.
Brewery--l0 a. 90.
Bonds.
llllo Railways Is (extensiOn) 40.