Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1911-09-30
Despite This Happy Situation
Stocks Are Dull and
,o Prices Low.
PINEAPPLE ENTERPRISES
EXPANDING ON OTHER SIDE
Real Estate Man Stanton Re-
turns - WilIett & Gray'S
Latest Review


the regulars and extras that will be
paid out to the holders of Honolulu
Exchange listed stocks during the
next three months will amount tc
something like three and One-half mil.
lions of dollars.
Another authority reports to the
Bu letin that the banks, while
their deposits are steadily increasing
and larger than ever before. do not
see In the records of their deposits
where all the money Is going. In 9TH
er words the Increase In deposits Is
not In proportion to the amount
known to be coming In In dividends
Possibly the banks are not displcased
with this as there is reported to be a
plethora of money seeking investment
The facts probably are that money
finding no ready investment here
through the usual avenue of an ac-
tive stock market is being sent to the
mainland money centers, where It can
be loaned out on preferred securities
and call loans.
The situation Is by no means salts
factory because with growing coun-
try like Hawaii there ought to be
enough initiative and new business
enterprises to attract home capital I'm
the further development of the is
lands
The sugar stock market has been
dup and almost weak. The price of
sugar has nothing to do with the case.
The price of raws has dropped to 5.75
but that frightens no one, and appears
to be possible level for the new
crop sugars when the actual shortage
OF the European beet can be accurate
ly forecast.
Oahu declared an extra dividend of
six per cent or two per cent aamonth
additional for the remainder of the
year This stock sagged before the
directors met and advanced a point
or two after the extra was declared.
The total dividend for the year for
Oahu will be eighteen per cent. Ho-
nomu also declared an extra, max
ing fifteen per cent for the year. ..'
Sales have been few. McBryde
shows little activity at the end of
the week, selling at ESQ. The pros
pect OF dividend for this stock this
year has faded. the surplus probably
being used to take up a portion of the
debt and thus reduce the amount to
be absorbed in preferred stock. The
record of the sales of all stocks on
the Exchange for the week follows:
SALES-Between Boards % Oahu
$32: 90 Oahu, 1872: 40 Oahu, $50: 30
Oahu, $32; Is Haw. sug., sac: s Eva
$3.50
Session Sales: Eva, $3.50: $1,000
o. X. 4 l.. IS, $l02.5O; 10 Eva, $3.50:
10 Oahu. $32.
SALES-Between Boards: 12I l.
s. N. Co., $li5: $4,000 Hilo Elk. Gs,
1880: 25 Haw. Sug. Co. SAC: Paia,
$l65; so Pahans Rub. Co., $2l.5O.
Session Sales: $1,000 Olaa Is. $94.-
75. .a.u,
SALES-Between Boards: s Waia-
lua, $l2l.5O; A. Waialua, $I2l.5O: Is
Oahu, $3l.5O: 20 Oahu, $3.50; Is
Onomea. si7.25.
Session Sales: 90 Oahu, s32: s
Oahu. sac; 8 Oahu. s32; s Waialua.
sl22; 100 Oahu. $32; 25 II. B. & NJ.
Co.. $l9.75.
SALES-Between Boards: 20 O..
X. Il l.. Co., $ii5; 40 Oahu. $32; 100
EVA, $32; 100 Oahu, $32.5O: so Oahu,
$3.50; 90 Oahu, $3.50: Is Haw.
Pine. Co.. $3.50: 100 Paauhau. SEA-
10; so Paauhau. $23.75.
Session Sales: 100 Olaa, $3.50; s
Olaa, $5.37R.
NOTlCE-By vote of the directors
OF Oahu Sugar Co. will pay extra
dividend as follows. In addition to
the regular dividend OF zoe per
month: Oct. Is, 4Oc: Nov. Is, 4Oc:
Dec. Is, 4Oc.
BY vote of the directors OF Honomu
Sugar Co. will pay a special dividend
OF 80 on Oct. 8 In addition to the
regular dividend of 81.
SALES - Between Boards: $1,000
olaa Is. $9475; 25 McBryde. $3.50:
7 Pahang Rub. $2l.5O.
Session Sales: 100 McBryde, $3.50;
~ McBryde, $3.50; 8 McBryde, $3.50:
10 Oahu. $3275; so Haw. Pine. Co..
$as'25; Haw. Pine. Co.. 1926.
WIllett L. Grny's Latest.
Conditions Of the worlds market
and also a review of the high price
campaign is given in the latest sugar
circulars received.
Willett n Gray's sugar journal for
September IA says of the raw sugar
market conditions:
Raws.
As far as Europe Is concerned, the
week under review has been of uncer-
tain action, while waiting for crop de-
velopments.
From lSs. last week beets advanced
to iSs Cd, (6.O4cJ. the highest point
yet reached, reacted to ISIS. (5S7c), or
below, closing active at the decline.
Futures for May fiuctuated from IFS.
La. to rs. II lid. (5.SGc.), the high
point. to los. 10 l-2d. (563c) at the
close.
our market, ON very light business,