The Maui news. [volume] (Wailuku, Maui, H.I.) 1900-current, 1911-02-11
Honolulu
Newsletter
Racy Paragraphs From the Capitol On
Current Topics.
(By w. F. Sabin.l

Honolulu, Feb. Z.
If 1911 continues as it has start
ed; if the next eleven months are
as prosperous generally as was Janu-
ary, according to all reports among
businessmen and tradesmen, Homo
lulu is going to have indeed very
prosperous year. In Honolulu per-
haps more than anywhere else 80
many businesses are dependent one
upon the other and the success of
one helps to make the success of an
other more emphatically than is
ordinarily the case in cities of the
same size on the mainland. For
example, one wholesale and retail
tobacco establishment reports hav-
ing accomplished two thousand dol
lars more OF business during last
month than during the first month
Of last year. Coming so soon after
the holidays and at time when it
is expected that things will be dull
for month or two, this report is
significant. And it is true. When
people smoke more they have more
money with which to purchase
smokes, and if they have more
money for this necessary luxury
they certainly have more money for
the purchase Of other things; and
then the tobacco house is putting
this two thousand extra dollars into
such improvements by way OF bust
ness as means the expenditure Of
the same in this city. A furniture
dealer declares that the last two
weeks in January were the best he
has seen in eight months; spring is
approaching and homebuilding and
therefore furnishing is looking up.
The Trent Trust Company did its
biggest months real estate business
last month, the biggest on record.
People are inquiring from many
points in the States for home and
building opportunities in Honolulu.
A man from Australia writes that
he will be here in month or six
weeks and wants Immediately to in
vest in home in Honolulu. and
others from New Zealand and the
mainland States write the promo
ton people, and others likely to
know, for facts and prices relative
to fruit and farming lands on this
island and the other Islands. DR..
McGrew is going to erect fifteen
cottages on the corner Of, Beretania
and Punchbowl streets, modern and
improved, and to rent at S25 and
$50, to be in reach Of the purse of
the man with a moderate income.
There are a considerable number
of tourists in the city, men with
money and women with the latest
fashions, hobble skirts and all, and
they are talking volcano trips and
incidentally asking if it always
rains here like it raincd yesterday
when much damage was done to
the poorer class in River and Kukui
streets and out Moiliili and Waikiki
way by the floods which burst from
Palolo, Manoa, Pauoa and Nuuanu
Valleys.
This seemed also to affect the
stock market as well as the feelings
Of every business man in town, for
there was nothing doing yesterday
in the way of financial operations.
There was something of an import
ant transaction in Mutual Telephone
Stock last Friday when three thou
sand shares of that company chang
ed hands at fourteen. This was an
advance of half point over the
previous sale. James Morgan made
the sale and Halstead & Company
were the buyers of $500 of the
shares.
J There is to be an advance on