davidaulloa/AmericanStories huggingface dataset:
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-02-15
ONLY ISOLATED INDUSTRIES
Will BE HIT BY TARIFF

than Mr.. Wickersham and his prede-
Ces; ors have done. Furthermore. the
Supreme Court has supported and in
terpreted that piece of legislation, ami
Tany of our great corporation have
already adjusted themselves to it's re-
qGirements. Others ARE joining the
procession. so that the worst has been
experienced in this direction, and there
Is no longer and serious anxiety in
this respect. Trfst managers know
what to expect That we are now
Working away from monopolistic ten,
denotes is matter Of encouragement
rather than depression; for the open
irgs for new, enterprises on moder-
ate scale will multiply, and the coun-
try has been at least partially relieved
frcrn one of M, mo- Tnenacing social
andlpolitical .sahesrs- rthat of domino
ton by q, nuirbeaeof Industrial mono
poles. 49, - t. -
On the tariff question. the acute
stage is about over. Judging from the
best obtainaBle Information, also by
The course Of the, hearings. while con-
siderable cuts Will be made in the
schedules, mona will b. attempted that
mean serious disturbances. Such
changes as are made will affect only a
few isolated industries. 1t can now
he taken for granted that no revision
will be enforced that j.
any general effect upon trade at large.
Revenues necessities alone will pre-
vent any drastic change"
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-02-15

In his special letter Of February !,
Eenry Clcws of New York again at
Temps to disarm approximations re-
garding tariff revision. He believes
only "a few isolated industries" will
be affected prejudiciaily by tariff
changes. If he could only name which
one, there are some people that would
have more restful pilloWs-if indeed
only the pillows of resignation, Mr..
Clews writes in part as follows,
The public mind is still backward
in recognizing that many Of I'M
favorable conditions which have pre-
vailed for weeks past have been amply
discounted. Politics, tariff and trusts
are problems which have been with
us for years. Agitation has been in
tense Thoce most aggressive in tlis
direction were partially successful at
the last election, and the new Admin
ictration will somewhat reflect their
opinions. We have, however, the
promise of those who will control dur
ing the next four years not to disturb
business by too radical changes. That
romit has been made by men whose
word is of value 1t is but fair to
expect that these promises will be car
ried out.
so far as the trusts are concerned
Il is not likely that any more radi"o'
action will be taken by the new Ad-
ministration than by the old. Mr. Will
sons Attorney-General cannot enforce
tie Sherman law any more vigorously
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-02-15
PRICES GENERALLY DECLINE
WITH INCREASED BUSINESS

Tanjong Olok Rubber, 80 and 3S.
Waialua, $3.50 and $3.50.
Hawaiian Irrigation Co. six per cent
bonds sold down half a point.
Following are the transactions for
the six days in detail:
Stocks
Eva Plantation Co, 145 shares for
$3S1S.1219; high. $3.50; low, 2575.
r., Hawaiian Commercial & Sugar Co.,
2S5 shares for $97O7.50; high, S45O;
low, "a.
Hawaiian Pineapple Co., $40 shares
for $29,707.50; high, Al; low, As.
McBryde Sugar Co., ITO shares for
$495; price, 4.50. ,.
+ Oahu Sugar . Co., IS shares for
$112S.75ss high, n; low 1925.
0laa Sugar Co., 1926 shares for
1881. rs. high, AS; Iowa.
+ 0nomea Sugar sCo., 1856 shares for
$12.417.5o; high, $3.50; low, 80.
Pahang Rubber Co, so shares for
1880; price, 1871.
Pioneer Mill Co, 1876 shares for
$471S,75; high, 2675; low. 25.
Tanjong olok Rubber Co., 100
shares for $500; price, SO.
Waialua Agricultural Co. 112 shares
for s10,121; high, 81; low, go.
Bonds
Hawaiian Irrigation Co. skies, $4,000
at 100.50.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-02-15
SUPPLY OF GOLD
AND HIGH PRICES

Now comes Henry Clews and de-
livers a jolt to the theory, sedulously
inculcated by financial writer's for
many years past, that the cause of
high prices is largely, if not mostly,
the superabundance of gold. In his
special letteA Of February LIST, Mr..
Clewe says: -
! New York is relatively the cheap
est money market in the world,
condition which naturally facilitates
the outward gold movement, thus far
amounting over to over S6,00O,000. An
other $3O,000,000 may go to satisfy
the needs of Europe. Our credit situa-
ton abroad, however, is in excellent
shape, and We are abundantiy able
to give assistance where it is most
needed. The European banks are
gradually strengthening themselves
after a protracted strain, and now
that the Balkan war is practically
ended, there is reason to hope that
the hoardings which that struggle in
cited will soon be released. AS a
matter Of fact, there is a scarcity of
hanks there having sufficient in their
reserves to meet the present credit
strain. and this in spite of the talk of
the gold faddists who maintain that
the increased production OF gold was
the great cause Of present high prices.
Indian hoardingS have been enormous,
amounting 20 fully 30 per cent Of the
years production. while another 80
per cent was consumed in the arts.
This country is estimated to have re-
talned fully 20 per cent of the years
supply, leaving only 20 per cent OF
last years prOduct available TO meet
the requirements of the great foreign
banks. This, it need hardly be said,
was not adequate to meet the de-
mands Of the worlds rapidly grow
ing commerce. The dragging condi-
tons in the IN estment market were
plainly shows by the Unexpectedly
small fIotatiOns during January. 1t is
known that many important issues
had been held back awaiting more
satisfactory conditions in the money
market The total issues for the
month "erp only about $110r1n.o 600,
a large portion Of which vas [Or re-
funding pUrPDsos. This was nearly
500. 900 GOO is than the new flOta-
tons the same time last year.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-02-15

With considerably, larger volume
of business in stocks than, for the eer-
responding period last week. there
has been an. almost universal deciir ?
in prices on the stock exchange dEt-
ing the six days ended at noon yes
teIday. or eight sugar and three
other stocks changing hands, all but
one low-priced and non-diyidend sugar
stock has dropped In several cases,
too, the declines have been more than
fractional There. were 2422 shares
sold in the time stated, with proceeds
OF $7S,622.S75s, against 1881 shares
for $4S,969.62I5 last week, gains of
4S9 shares and Sz9,S53a25 respective.
ly, while bonds to the. par value of
$1,000 were sold against $21,70p, a de-
crease OF $500, making the net in.
crease of all transactions ISL, 1925.
Last sale quotations on Saturday last
ard yesterday were respectively as
follows: sASEst%s p. =
Opening and Closing 49,.
Eva, $3.50 and 2675. = =. =
Hawaiian Commercial, $3.50 and "a.
Hawaiian Pineapple, AZ and 46.
MeBryde, $50 and 4.50.
Oahu Sugar, 23.121z and POPS.
5 Olaa, 4.25 and 4. !.
0nomea, SO and 80,
Pahang Rubber, 20 and 19.S71a.
Pioneer, 26.75 and %.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-02-15
COM MERCIAL NOTES

An investment company exclusively
for the Portuguese nationality is be-
ing promoted. the committee having
it in hand being A. D. Castro, l.. K.
Medeiros, !. NJ. Camara. NJ. A. Silva,
NinCente Fernandez, Jr.. a. |. Silva,
!. S. Azevedo, !. D. MARQUES and NJ.
C. Pacheco It's proposed capital
stock is $50 900 in 10000 shares CT 81
each, with a limit Of $4,000 or the
amount any stoCkhOlder NAV hold at
one time. The company will deal in
real and personal property, and act
as agents and brokers for persons.
firms and corporations.
Bishop & Co.'s bank building a.
Merchant and aahu;ranu streets. to-
gether with the Rhodes and Davies
BUILDINGS extending through kaahu-
manu- have been painted light gray
color, and the iron shutters perman-
emily removed from the Rhodes build
ing. On the opposite corner of the
streets mentioned F. A Schaefer &
Co.'S building is receiving similar
treatment. the results of all this reno
walton making a distinct Improvement
to that busy locality.
Officers of the kipahulu Sugar Co.,
I'd, for this year are J. r. Hackfeld.
president: Paul R. Isenberg, vice
president: W. PfOtenhauer. treasurer;
F. klamp. rrCrrtary: - llancherg.
auditor
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-02-15

scarcely shows the full crop es iates
IL the receipts to date. These weekly
y oductions will be watched with great
interest in connection wi prices at
cost of production. =
The disturbed refined market is a
factor of a depressing nature stand
ing in the way of any immediate adj
vance in raws.
Some friends in Cuba already
have an impression that the croD FRO
sheets are at least a little overesti
mated. but. there is not yet sufficient
data to say so definitely.
European markets worked nm from
9s. Cd for Beet to 9s. SID, said to be
cue to political difficul'i"s.
The London market has adopted
war clause
IF. O. LIGHT reported unfavorable
weather for field work this week.
AT the close raWs are firm and
s. "dv"
Willett & Gray give the worlds Visi-
bic sunulv of .ugar on Jan"3rv 30 as
2.14O,791 tons against 2.941.97S tons
last year, or an increase Of 1,l9S,Sl3
tons
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-02-15

be made to have the handicap on Ha-
waits labor supply removed by an
amending act later.
At a meeting on Thursday the Board
Of Immigration decided to, cable or
ders to Raymond G. Brown, the agent
of the board in London, to charter
second steamer 10 bring out Portu.
guese and Spanish people to Hawaii
The steamer Willesdeu,s departure
from Gibraltar Is elsewhere men
toned.
Mutual Telephone Company officers
for The current year elected this week
are e. F. Bishop, president; G. H.
Atherton, LIST yice-president; j. r,
Calf, I'd vice-president; J. A. Balch,
treasurer; John Waterhouse, secre-
tarys e. Klamp and R. A. Cooke, adj
ditionaI directors; o. Olmstead, audi
tor.
The most useful citizen Is not al
ways measured by hi shank account
or real estate holdings. It only costs
81 . month to belong to the cham.
Der of commerce, and do mans part
in making Oakland Oakland Cham.
Der of Commerce Bulletin.
General Macomb, who returned In.
the transport sherman this week.
brings information that the military
forces on this island will be practical
~ doubled through bringing the COM
mands already stationed here up to
war strength.
Work will begin Monday toward
getting the Pahoa lumber mill, lately
burned down, rebuilt Manager Sam
Johnson has returned to Hawaii TO
handle the operations.
It Is believed that the new rice crop
of Japan will come short 10 per cent
of estimates owing TO the typhoon In
September. The crop will be around
100000 tons.
The immigrant steamer Willesden
sailed from Gibraltar on Sunday last
for Honolulu, with 22s Portuguese and
Hts Spaniards, total OF 1903 people.
Claims for bananas cut during the
yellow fever scare OF 1911, To be pre-
scented to the legislature for payment
amount to $4,000.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-02-15
HOLT VS.. ABMlTAGE
MATTER SQUARED

I'm order to satisfy and fully effec.
tuate," the terms of Judge Robin
sons decree Of December 5, 1911. in
the suit Of Robert William Holt vs..
Harry Armitage, deed has been ex-
ecuted by Armitage, in which his
wife Joins, conveying to Holt all OF
the property conveyed by Holt to
Armitage under q deed OF trust exc
euted September 80. 1905, this recon-
veyance being for the consideration
of fourteen thousand dollars paid BY
Holt to Armftage. The property con
sists Of lands at Wahiawa and Kalia,
Oahu, and in klamath county,
Oregon. = sc.ss =. zgs..
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-02-15
TO CURE 4 COLD m ONE DAY

Take Laxative Bromo Quinine
Tablets. . All druggists refund
the money if it fails to cure.
E. W. Groves signature is On
each box
PARIS MEDICINE CO.. ST.. Louis. q s =
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-02-15

vide for the future so that the
trouble of increasing the capital
should not have to be undergone from
year to year At present there are
1900 telephones rented in Honolulu,
and by the end of the year it is ex-
pected the number win be more than
five thousand. The automatic system
is used, which has been found much
more convenient than the human
switch-handling method.
Angus p Mcdonald, contractor,
who has done much construction work
for the government, left in the steamer
Sierra on Saturday last for San Fran
cisco, leaving some considerable la
bilities. Some of his creditors have
taken steps to realize on some prop
erty he owns here through attach
ment. Mcdonald left unfinished con-
tracts on the Boys Industrial School
Eat Waialee, Oahu. and bank build,
ing at Lihue, Kauai. He was the
builder of county buildings at Wailu-
ku, Maui. some years ago, and lately
of the Lilinokalani schoolhouse, Kali
muki, Honolulu OF course 1t Is not
impossible that he, may return with
means to carry out all his obliga-
tons. = ~'.F -. ~
At a meeting of the Chamber OF
Commerce trustees on Wednesday the
following new members were elect.
ed. John III. Drew, Zeno K. Myers,
Ernest a. r. Ross, Wallace R., Far
rington. James Steiner and H. M.
Whitney President E. F. Bishop re-
ported that he had received al letter
from the president OF the Chamber Of
Commerce CT the United States, con-
graduating the Honolulu chamber on
having been so ably represented by
Sidney NJ. Ballou at the first annually
meeting of the national body lately
held in Washington. A resolution Of
coincidence with the family Of the late
Charles Bon was adopted. Reports
Of progress were received from vari-
GUS committees.
An immigrant station Is being erect
ed by the Hawaiian Sugar Planters
Association at Kakaako, close to the
harbore entrance. 1t will be of two
stories, the material reinforced con-
crete, and have floor dimensions Of
10000 square feet. Separate arrange
ments are made for men, women and
families, and everything about the
structure Is designed to make 1t both
sanitary and fireproof. Fl. l. Kerr is
the architect and the builder Is the
Lord-Young Engineering Co. The cost
will be $4,000.
Officers of the Pacific Development
Co, Ltd, for this year. are Fred L.
Waldron, president; r. J. Pratt, vice
president; W. T. Schmidt, treasurer;
H. Hugo, secretary; b. Won Damn, r.
B. Booth, A. B, Clark, additional di-
rectors; J. D. Marques, auditor.
The Philippine Rew rice crop is
pronounced to be the greatest In the
history of the islands. In all districts
there is a good crop, and the yield In
Eatangas is a record breaker.
According to news from Washington
it will be impossible to amend the i'm
migration bill in conference, so as to
exempt Hawaii from the literacy test,
owing to the fact that the lfteracy
clause is identical in the measure as
it passed both houses. An effort will
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-02-15

Just as the steamer Canada was
ready to sail from MarseiIles for New
York all the deck officers struck. dis
satisfied with the refusal Of the own
ers to raise their pay.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-02-15

The total uHmheT OF Parcel pos
stamps printed and distributed up tn
tbs date is .''H, 100 600.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-02-15

Mrs. Mary Radway has sold her
homestead in -Palolo Valley to P. G.
Riley for $2500. II conains So acres
with snug little cottage.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-02-15

Charles Thurston and J. H. Miehl-
stein have bought the Bellina Ranch
in Palolo, containing about twenty
five acres, for 100000, and will put
il on the market in house lots.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-02-15

Alfred Rasch has sold his residence,
furnished, in Matlock avenue, to NJ.
A. Moore for $500.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-02-15

BY a deed executed Wednesday by
]. p. de Mendonca, attorney-at-law
for the grantors, Jacintho p. de Men
donco and wife formerly of Honolulu
and now residing in the Azores, sell
10 James T. Leach certain lots of land
on the northeast side of Liliha street,
containing 7.S5 acres, for $4,000 cash
and promissory note for $4,000,
total consideration of nineteen thou
sand dollars.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-02-15
real ESTATE
VERY BRISK

Many important real estate deals
have been reported this week. The
sale of the Progress stone block by
the Japanese government has been
confirmed, and the buyer announced
as G. NJ. Cooke, Ltd. New Japanese
consular promises have been acquired
in the Judd homestead, Nuuanu ave-
nue., and Mrs. Agnes II. j. Judd has
bought the Waterhouse property in
Wyllie street.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-02-15

Fred Harrison and Morris Rosen-
.bledt have purchased the old Orpheum
theater site, Fort street, containing
26, 500 square feet with-sa 130-foot
frontage on Fort street, for $4,000.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-02-15

K Kauikeo1ani. Children's Hospital,
Kuakini street, has it's grounds hand
.somcly enlarged by the acquisition of
.25.924 square feet of land purchased
from k,Ief Whiting and l.. Mauna-
kapu Long, wife of Carlos A. Long, for
the consideration of 1882.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-02-15

According to news from Washington
it will be impossible to amend the i'm
migration bill in conference, so as to
exempt Hawaii from the literacy test.
owing to the fact that the lfteracy
clause is identical in the measure as
it passed both houses. An effort will
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-02-15

Work will begin Monday toward
getting the Pahoa lumber mill, lately
burned down, rebuilt Manager Sam
Johnson has returned to Hawaii TO
handle the operations.
Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1913-02-15

:@:-t !: - !: :: - :.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-18
COTTON

NEW YORK, Nov 1S--Infuenced by
better Liverpool cables than due, the
cotton market opened steady to-day
with first prices q { net advance OF D
to points from Mondays close.
General selling developed after the
opening, attributed mainly TO the ring,
brokers representing spot interests and
selling which was thought to be long
line liquidation The selling was due
chiefly to a desire to even up prior to
the Census publication on the amount
Of cotton ginned up to November IA.
There was little or no snap to the mar
ket Stress was also based on Turner's
ginning figures, which will be issued at
noon to-day. This report Is generally
expected to have some effect on the
market. owing to the fact that this au-
thority in previous reports has been In
line with the Government figures. The
selling continued rather freely during
Z 10 IL points from the previous close.
And then prices swung up a few points
through scattered buying, coming from
no special interests.
The Government report is expected TO
show ginnings for the period at about
1880 900 bales, which would be con-
strued as very bearish. IT would bring
the total since September ! up to about
10 $4,000 bales. Last year the Gov
ernments report gave EinninRs to No
vember IA. as 1929 900 bales, and most
OF the private figures so far this sea
son exceed those figures. Last year 76
per cent of the crop was picked and
ginned by November Il. and the uues-
ton now puzzlinR the trade is whether
the same ratio holds good this season.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-18
SENATORS YIELD
To c. D. P. ON
MONEY BILL
Concede Public Ownership Of
Regional Banks, and Rapid Ac-
ton on Measure Is Expected,

WASHINGTON, Nov. - The
chief point of dispute between the
two factions Of the Senate Banking
and Currency Committee was re-
moved to-day Rapid action upon
the pending currency measure Is eN-
peCted as result.
Thep rinCiple OF public ownership
Of the proposed regional bank sys-
tenn was conceded by the Administra-
ton Senators They have provided
in the draft of the currency bill which
they they hope to report to the SEN
at Thursday that If the banks do
not Subscribe the necessary capital
the stock shall be thrown open to
public subscription, Thereafter. If
banks and the public do not pro-
vide enough capital, the Secretary of
the Treasury is empowered to furnish
theremainder
This decision on public ownership
IS victory for Senator Hitchcock
and the five Republican members OF
the committee.
Senator owen to-day presented to
the Democratic faction of the com
mittee figures showing the amount OF
money which will be shifted If the
currency bin should become law and
all banks, both state and national
come into the group.
After the owen group Of the com
mittee had completed its draft of the
bill it was feared that unless the fig
ures on reserves were changed a
money stringency might result from
the new law.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-18
ATLANTA 1--we STOCK. MARKET.

ATLANTA LIVE TOCN. MAMIE y
CBy W. II. White, Jr.. Of the White
Provision Coz
There was only a moderate run Of
cattle in the yards this week, the sup
ply being mostly common: prices have
ranged steady to fraction stronger.
Good steers and desirable butcher
COWS and hefers continue scarce and IN
active demand at top prices. The com
mission men are expecting better as
sortment for the incoming week
Hogs continue in fair supply with the
market high.
The following quotatlo repieaae sen :
the ruling prices OF good quality of beef
cattle. Inferior grades and dairy types
selling lower. ma
pounGs, 6.O0m65O; good steers, S0l To
i 900 pounds, 575n6.00; medium to
good steers, 700 to $50 pounds, 5.25@
Good to choice beef cows. 800 to 500
pounds. 475m5.50: medium to good
cows. 700 to 500 pounds. 425N4.50.
Good to choice heifers, $50 to 1863
pounds, 50Om5.25; medium to good
heifers $50 to $50 pounds, 425G4.5O oo
Mixed to common steers, II fat, 800
common cows II fat, 700 to 800 pounds,
375d475; mixed common, 500 to 500
pounds, 325N3,75; good butcher bulls,
Prime hogs. $50 to 200 pounds, S.Ooa
s25: good butcher hogs, $40 to l60
pounds, 775d8.00; good butcher pigs,
100 to l4o pounds, 7.5097,75; light. pigs
so to 100 pounds. 1000 20; heavy
rough hogs. 700n775
Above quotations apply to corn-fed
hogs, mash and peanut fattened, 1c 10
lRc under.
Atlanta Georgian. [volume] (Atlanta, Ga.) 1912-1939, 1913-11-18
STOCKS
BY CHARLES w. STORM.

NEW YORK. Nov. 1s.-Trading in the
stock market again followed the leader
ship Of London to-day. The gains made
in London in Union Pacific and Cana
dian Pacific were closely followed here
at the outset.
Union Pacific in the first few minutes
rose "a to 1913. while Canadian Pacific
rose 2. to 225. The sold-o condition
Of the market, which had been contin-
uously referred TO in the past few days,
was made more evident when some Gov
ering OF shorts was attempted There
were no offerings in sight around pre-
vailing prices, and the moderate demand
was sufficient to cause brisk upturns
all through the list. New Haven was
prominent in this movement, advancing
~ to ~. Reading improved y 10
1907 and about the same amount Of
gain was made In United States Steel
common and Amalgamated Copper. a
number OF specialties showed improve
ment, Texas Company advancing 2
points to l19.
Americans in London were firm above
parity.
The curb market was steady.