Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-03-09
S. r. Investors Rejoicing
In SUGAR Shsress Advance,

=. 5ssE
m no city In the United States, with
the exception OF New York, is there q
greater interest In sugar stocks than
IN San Francisco. Ever since the late
Claus Spreckels, pioneer sugar plant,
er Of Sam FRANCISCO and Hawaii, &C
quired interests IA what we're then the
Sandwich islands, large proportion
Of San Francisco investors have put
part of their funds into Hawaiian SUI
gar stocks. This interest has grown
constantly larger with the waning of
interest in mining and other early day
enterprises of the state. The recent
phenomenal advances in the price of
raw and refined sugar and the pros
pect of q still further rise in quota
tons has aroused more interest In the
Stock and Bon Exchange list 6f sugar
shares than 1t any time in recent
years, and San francisco investors
are rejoicing.
With the practical assurance that
tariff amendment removing the one
cent duty on imported sugar would
be repealed at this session Of Con-
gress, Hawaiian sugar shares have
steadily advanced. The latest esti-
mates of the European sugar crop.
showing that war has curtafied the
crop by at least 20 per cent, assures
the Hawaiian planters that the extra
large crop Of Cuba will be easily alb
sorbed by world trade and leave q
smaller PROPORTION of Cuban sugar to
be absorbed in tffe United States
trade, and whatever Is imported must
still pay the one cent duty.
Added to these favorable market
conditions is the record of a big crop
season OF 1915 and the prospect of an
even larger harvest in the islands this
years. f.. Bulletin.
Hawaiian Affairs Booming.
There is d big Hawaiian contingent
in California. Many of the plantation
owners and managers live here or so
journ here at certain seasons. The
big interests are largely controlled
here. San Francisco commerce feels
the influence very markedly of the
improved conditions in sugar, just as
it felt the adverse effects of Democra-
tic ascendancy three years ago and
the PRONUNCIATION of the Democratic
tariff, which abolished the duty on
sugar after time limit The limit
is not up, and the prospects are that
before 1t Is up the free ;:ugar clause
will be repealed. The deficiency in
the customs receipts, for one thing.
and the very insistent announcement
and understanding of the Republican
plan to make the tariff one of the
main issues, serve to encourage those
interested in Hawaiian sugar that the
tariff viii remain. and island affairs
are booming. Sugar stocks are almost
at high-water mark, and still ascend
ing. On Tuesday raw sugar sold in
New York at $5.05, the highest price
Of the season. Oakland Tribune.
Becoming Neighborly.
Two large steamers have sailed
from Los Angeles harbor Tor the Ha-
waiian islands this week with full pas
senger lists The Great Northern left
Thursday with more than 400 aboard.
They will reach Honolulu in time for
big midocean carnival. 1t only
takes about two weeks to make this
bright excursion, allowing for three
full days upon those enchanting is
lands at the heart of the Pacific. The
time Ii near at hand when this pleas
ant outing will be regarded as COM
mon experience, as ordinary and as
convenient perhaps as a week at