Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1911-05-13

thirty dollars share on Oahu. This
proves COnClusiyely that there Is no
shortage Of money IN the market just
before the end of the tax paymcnt
period when money is supposed to be
tightest
Waialua also took a sharp advance
for which II has been slated for some
time. This stock Is scheduled to go
to 1875 by easy stages on the assump-
ton that extra dividends to he paid
this year will bring the dividend up
to the usual nine per cent. Further
more the average outsider does not
see any need for additional improve
ments that will require the invest.
ment Of the earnings in plant instead
Of paying them out to the stockhold-
ers.
Eva plantation has already report
ed to have run something like thou
sand tons over expectations.
Honolulu plantation Is reported 10
be turning out very fine crop and
exceeding expectations.
Except for the sale Of about $50
shares the early part of the week the
McBryde furry has ceased with plen-
ty of stock offered at I. II has APP
parently been impossible to clean up
the 81 stock OF McBryde despite the
general understanding that the hope
and purposes of the management Is
to make surplus this year and per.
haps pay common stockholders three
or four percent The crop this year
Is expected TO run about $1,000 tons
The crop next year will be from a
smaller acreage and has been esti-
mated by some at 10 600 but others
claim that the growth Of the cane
has been so favorable that the in
creased sugar content will make up
for the reduced area.
One thousand shares of HilO Rail-
way sold at SS75 without attracting
much attention. The next day how
ever one hundred shares of the same
stock sold a Q n y is now quoted on
the board nr 1gj asked This is one
of the stoc:' 'h1 is n Gbared among
those that WI ave good bv putting
It awig aat ,wl.. NJ i2,cl-I Aents.
Taking . prl 'ca ~ atocrs ~ the
let ~ whole hey ar Aigh enough
II the present p.ic2 of sugar prevails
II the price advances stock furry
may be expected during next month
and also IN the summer should the
reports from the beet crop Of Europe
be unfavorable. Not one of the sugar
market specialists dares to make a
prediction this year however. They
are all waiting to see what happens
next
New York Market Opinion.
Wilt & Gray's Sugar Journal for
April q gives the following review
of the raw sugar market for that
date
Raws.
Quotations have remained I'M
changed at S.92c per h. through the
week under review. and naturally af-
ter the extremely large business of
the preceding week the market has
ramined comparatively quiet, on II
small trade doing. About $4,000 bags
June shipment Centrlfugals were
taken by operators at csc. c. q f..
80 deg. tS.9Sc per h. landed.
Other offerings at same price re-
main without buyers.
Also the Offering for prompt and
May shipments at 29sc C. a. (. are
liberal, but buyers views are not
above 2 Slice C. a. f., the parity of
392c landed
The weekly Cuba cable gives re-
ceipts $4,000 tons for Six Ports, Co.,
900 tons entire island. ia Centrals
working, against l27 last week, 1870
last year and 1871 In 1903, Rain is
still wanted in some sections, the
heavy rains reported this week hav-
Ing been mostly In the western sec
ton, II will be noted that the Wis
lble production In Cuba to date is
l.l65,il3 tons, against l,l0i,3jl tons
the same time 1903
The total crop Of 1909 was l,5l3,5S2
tons. Centrals are not closing down
as fast M has been predicted aud less
confidence generally IN expressed In
the smallest crop estimates.