Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1911-12-23
Real Estate Is Taking Turn
That Indicates Full
Confidence.
STOCKS ARE STRONG AND
MARKET IS ADVANCING
General Review of Conditions
Most Favorable = Rubber
Men Begin to Realize On
Their Hard Work,


Christmas season in the history of Ho
nolulu. This is true in every line o
business. and of the amount Of money
that has been put in circulation by
townspeople and visitors.
Business has been excellent in ov
cry line. Even the real estate mar
ket, which seldom responds more
readily to the Christmas cheer thar
any other. has absorbed the spirit OF
the season, and is very active. Mer'
camille houses of all kinds report good
business. The sugar stock market is
strong. New projects for development
are under contemplation and brought
out on every hand. The establishment
Of the Guild & Company store for
household supplies is an evidence of
expansion in the retail trade. Mr..
Guild understands the situation
thoroughly. If Honclulu's progress
were not based on such absolute
business certainties, one might al
most say that the boom had started
In the sugar stock market the
strength Of the situation has been
and is the significant features. All
fear OF change in the tariff seems to
have disappeared. Investors are be-
ginning To buy because they have full
confidence in the situation. and they
ere beginning to be afraid that they
will be unable to secure the stocks
at the low figures. For once labor
is not a source of worry. People are
beginning to realize that the Panama
Canal will open the route to Europe
in 1913, probably within is months.
The price of sugar is sagging from
day to day, but the movement of the
market is entirely normal and on a
much higher basis than at the OPEN
ing of the sugar crop campaign of
last year. No one wants sugar to be
too high while a tariff revision Con-
gress Is In session.
Considerable trading has been done
IN Oahu through the week as will be
noted In the record of daily sales, and
the figure is an advancing one. The
demand for Oahu is due to the re-
port that the tunnel for water will
not cost so much as originally esti- |
mated, and also that the plantation
VIII carry over a large cash surplus.
How to. dispose Of this Is now causing
some heated discussions among the
directors and stockholders. Waialua
is also very strong and promises to
30 much higher. The physical con-
dition Of the property Is very good
and the financial condition cause
some to believe that the dividend OF
enc percent should he continued
through the coming year. II this is
done the stock will easily advance
five dollars share over its present
quotation. The sales of II stocks re-
ported on the Exchange this week
follow:
SALES-Bctween Boards: 30 Oahu,
$3l.S7la; 90 Oahu, s3l.S7h; ~ Eva
s3i,5o: 10 Eva. $3.50; 100 Eva, $31.-
50; 100 Eva. s31.5o: 80 Hilo, $S.25: I
10 II. C. & S. Co. $40: 10 Haw. Pine,
si3; Is Olaa, $3.50: 200 Olaa, $3.50;
3S Olaa, $3.50; 10 Oahu, $3l.S7h.
''' ne D. " W. VIZ
szo'Zo' ~ Haw. Pine- $iS; 10 Homo
kaa. Sll.5o; Honokaa. $1l.50; 90
Oahu, s32; 10 Eva, $3.50: 20 II. c.
& s. Co., $40; 25 H. C. 4 S. Co. $40;
30 II. C. a. S. Co, $40. ! Oahu. sal
S7h.
SAI.Es-Retwee, po,,ds. "a o,,,
ss2: 25 Oahu saa. % oabu sso. ~
XIV, 60, 20. :, Fp ~ oa'", 90 10
I,aw Smr az "a. nav" s.oS S"S lii, f'f ,o" 10
s,oo. s50o u,,o ioU, o. sioo. ~ .-o "s
,Jon cas &c s,oo, s,o"o LII In s'vo'
500 75 ''''' INV -N' w. |
Scssio, S,Ies. pohora p,h ~. Il
900. 20. On n r G 9 70 sao w" {
SAI,ES-Retween poards ~ w., ,
p'"oeh poaius' % WAL
s,.o- 80, "., 4o 80 oahu'
!. C ~ o"""' s'L,@o, 90 II, u e