The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1916-06-02
MAY
ON HAWAII STOCKS
HAVE been LARGE
Total Declared During Current
Month Aggregates $850,870,
Market Being Strong
SUGAR LEADS IN LIST
OF 'cHANGE TRADING
Actual Earnings For All PIanta-
tons For Period Under Re-
view Were Large

The. stock market was variously char
acterized yesterday az from duh to
strong. Tho report of the jump in su-
CUR prices to GAO late In the day
caused considerable awakening of in.
terest and renewal of trading in di.
vidend paying issues. Cable advices
from San Francisco report heavy trad
ing in Hawaiian Pineapple and many
buying orders have been received by 10,
cal brokers. The product is reported
selling in stronger demand.
May dividends have been large.
Those declared May were, Haiku, 81
per share, $4,000; Paia 81, 22,500;
Kekaha ~, 10000; Pioneer 80, $780,.
600; Tnnjong olok 20, $4,000.
May 8, H. G. & s. Co. 20, 500, 900 !;
Honomu, $780, 81, $50; Hutchinson so.
$4,000; Paanhau so, $4,000
May 10, Waikiki 81, 100000; H. s
CO., 10 cts. $45,O0O.
May ID Pepeekeo 81, $4,000; Wal
alua, 20, $45,OOO; o. R. & l.. Co. .65,
$32, 800; Oahu 20, 100000
May 20, Pahang 25, 10000; Onomea
40, $50, 900; H. A. Co. $3.50, $50 900:
A. & b. 81, $4,000.
May 81, c. Brewer &l.5O, $4,000;
IL =. N. Co. 10, $l6,s75; Kahuku 10,
$4,000; Haw. Pineapple .25, $3.50; Hon
Gas SO, $3.50; Brewery 80, $1,000.
Total Dividends Large
The total divid ends declared during
the month amounted to $3.50, 1915 for
sixteen sugar plantations, two agencies
two rubber, one pineapple and four
gas, brewery, railway and steamship
companies. Actual earnings for all
plantations for the month were several
times over that figure.
Trading on the exchange was slack
yesterday compared with some recent
days, $40 Olaa sold between boards at
Monday prices. Oahu scaled down a
quarter on sales of 800 shares, Pioneer
moved up ito $3.50 $4,000 Oahu bondR
sold at 108. There were minor trans,
actions in Eva, MSBryde, Haiku, Paia
and Pines at stationary values.
The directors of Pioneer Mill Com
pany declared an extra dividend of 90
cents per share Monday, in addition
to the regular 40 cents. Both are pay.
able July /. They total payment will
amount to 100000.
. Word comes from San Francisco Of
an extra H. G. as. Co. dividend of
81 per share, payable June 5, to share
holders of reeordigMay %, making a
special melon Of 100000. The earnings
of this company will be forty per cent
for the year, it is anticipated.
Mail advices from the Philippines
state that San Carlos crops may run
10 $4,000 tons, but this has not been
officially confirmed. The cane crop il
said to be especially good in Panay
and Negros.
oopra and Rubber Lower
Copra and rubber prices are lower
according 20 F. T. p. Waterhouse. The
latest Singapore copra quotations were
cents, April %. On the same date
rubber was 63c at Singapore, or zoe
New,York!
Endau, affairs are proceeding fav,
orably, according to Albert Water,
house., The numbering outfit which il
to be installed viii get out both hard
and soft woods for which there is II
good local demand. No export bust,
ness in either is planned.
A. F. Judd received mail advices
that the railroad has been graded eigh.
teen miles and rails laid twelve miles
from Patterson. The Magnasite Com
pany is diekering with Mineral Pro
duets concerning contract freight rates
on its output but no definite arrange.
ment has yet been made.
Mr.. Gianaca writes that he expects
to stop the chrome oxide deposits as
this will be cheaper, he believes, than
excavating on an open face. The
| chrome ore is what the company ex.
poets TO realize on first. Foundations
for the manganese oxid factory are
probably being started today as the
lumber has been purchased ana was
expected to be on the ground by now
This and all other reduction plants are
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