Newspaper Page Text
4STJ " -J.
This Swell ladies' thee is made of the Genuine White
Buckskin not white Calf.
It's stylish, hanihomc, and shapely,, and gives the best
hind of satisfaction in wear.
Wc have them in Plain Tee: and also in the new Wing
MclNERNY SHOE STORE,
FORT STREET, near KING.
'WW H W WXIWMH WhMWHWl .
the surest of all imported candies and the best that GUN
THEE makes is what we Fell. It stands all tests for ptiritr
and excellence of flavor. One, two, and three-round souve
nir packages. l .
HONOLULU STOCK EXCHAH6E
HOHOLULO. July 15 1908
TJi Paissi Cafe
, KV MT
California Soda Crackers:
Cases of -401tjs. ca. G 3-4c. lb.
Calif rnia Pilot Bread:
Cases of 50 lbs. ca. 4s. lb.
All Groceries Greatly Reduced in Prices.
LEWIS Sd CO., L!ED.,
1G0 KING ST. FAMILY GROCERS. TELEPHONE 240
DON'T WANDER OFF
Buy your BUTTER where you can be assured of Qual
ity. Wc have the best from Island dairies as well as from
the mainland AND IT'S C II E'A P 1
METROPOLITAN MEAT CO, Limited
s tattlm Monuments.
j ! ti'ftFftf&Wwyi wins
Hawaiian Iron Fence and Monument Works
1EKT TO YOUNG ElLDr... 7fl-100 KING STREET.
,'WtGAIN SALE OF
$ .75 SHIRTS CUT TO $ .50
51.00 SHIRTS CUT TO '..... $ .75
$1.30 SHIRTS OUT TO ;.. $1.00
$1.75 SHIRTS CUT TO $1.25
Xi, ASlOy, Nuuanu below Hotol
Of All Kinds And Descriptions At
SEE OUR DISPLAY.
Emma St. near Bcrctnci
NEW ASSORTIIENT OF
j Either With or Without Frames.
'.PACIFIC PICTURE FRAMING CO.,
J 1050 Nuuunn.
All unprecedented nttlvlty in tho
real estate market nf Honolulu Was
attained in I SOD. unit Hie early part
nf 11)00. Tlila condition follovvud sov
crul successive years of prosperity In
nil lino of business, during which
mo ucnuind for prnpetty, hoih. for
business mill icsldi'titlnl purposos, to
t.ir exceeded tho supply ot land ltu
mcillately available. Hint sales wcro
fccon mado ut figure? fnr nbovo tlio
prices prevailing n row yours earlier.
So far as llio demand for residence
tltw was (oucorned, this wan met by
tiio uponlng of largo tracts of land.
In nnme cusps n couple of miles bo
jnnrt tho frlnga of tho former sub
urbs; nnd, In nnut lnnianro3, lingo
funis of money woio slrnlghtwuy ex
pended townrda eotisti noting loads
nnd In othoiwlso nuking the property
le.idy to ho placed iipcm tho market,
mid also for homes which wcro boliig
Cieetcil ns frist us labor conditions
would nlliiw. At tho sumo tlmo a
HKu activity wns bIhiwii In tlio busi
ness dlstrlrt, many of Honolulu's
larRcr buildings llslng In theso ye.irs.
Tho huniodlatc r.iusn for the some
what midden cessation of tliM nctlvllv
Was duo to tho set back In nil lines of
business which icsultcd from tlio rc
rtilctlons necessarily Imposed by tho
epidemic of plague, tho within tho
city. This condition wns intensified
by the advance In tlio price of build
ing material, nnd a stringency In
tlio mono market Decnor thnn this,
thoro tny the depnttuio of tin cm of
prospoilty which, huil favored tho
Mauds for u long period.
I'orrod Balm under foreclosure pro
ceedings ho-ar.io common o?-urroncrs,
llcrcatlng effectually nil offoits to
miilntiiln existing values. What few
rules v.-oio made, wore on easy tonus
end nt very moUcintc prle. Whllo
Iheio havo rlnco been times when an
other relRii of prosperity was appal uiit
ly ut hnnd. an I while In o,llo jcira
llicre has b en mi Inerenpp In si'on,
taken ns n whole, tho market h.is
been uniformly dull durlnc the inter
iioninf; prjlod. A cursor) Rl.ui''o over
lllio list ortransartl'iinf inlRht warr.int
Itho Elmiil, thai, an to nuiiiber of s-ile-,
'rnnilltloaa linvq not mnlci't.illy chniiff
ed, but a closer examination discloses
ifio fact that many, properties ure
ciianGliif; hands at flsures below their
ashoated values. Nor Is It vciy un
uual nt n foreclosure s.ilo 'to real 1 7.0
less than tho debt Hint the inortaso
was Intended to spcurc.
11 Is dltncult to make more than a
very bioud couiiuiIboii of present
PiIcm with thofo rullns IniiiicH'-itoly
pi lor to tho marked decline Just rc
fprrcd to. In a cencnil way It nuy
be fctatcd that, whllo productive bttsl
ni'AM proportles near the coaler ot the
llty linvo maintained thnlr r.luon
fjlrly well, mibiiiban nronoitios. nnd
further cmthlUK trnclu that woio
opened with the hopo that they mli;ht
Esnia day bo In this class, have Buffer
Tho-Introduction of tlio present cx
(ellent system of btreet railway Hnc3.
whllo adding very materially lo tho
valuo of distant Mirhurhan pmpcrtlcs,
nt tho snmoMlmo has, by so Incicnslng
tho supjily nt bulldlns lots, tended to
icoeii the inqulrv for rcBktenco
property Immcdlntcly ndjnccnt to tho
business portion of the City. Added
to till Is tho ovcr-Krowlnp bcllof that
tho hills ulToid Kieater licalthfMlncss
than is to bo found on "Tho Plains,"
the Inttor tenn roferrlnB to tho com
paratively level ttrctcb bins between
tlin baso of the mountnlu slopes nnd
tho Ken. Another U'iiBoii for this
iiilKrutloii from certain districts to
tho new trncta may bo found In tho
toniewat slow, jet sum, entrance of
tho lower classes of Asiatics" In pro
perty 11I011B tho main stieets loadliis
from town. Tho stores, lauudlcs nnd
.liipaiicso "camps," uiiliuestloiiably
paasutiH pi'Ints of utility, or they
Mould not oxlbt, but tlitj dlsadvnntnKo
atlcndant upon tbelr prcsenco In a
iielKhborliood uppe.us to inoro thnn
nrfset wliutovcr may be Kiilned. Hut
from the more dusliublo surburb.in
tiaeta that havo been placed upon
tho market In recent ears they uro
ilfiorously erludcd, frequently by
express provision carrivd In tho deed
Elvun to 11 puicliasor.
Not u llltlo has been accomplished
tinvurds bcautlfylnc tli (own nnd Ita
suburbs by tho Improvement Clubs
that were oreaulzoil In tho tevcial
districts In tho latter part of lilOr,.
As legnrils tho growth of tho busi
ness po.-tlon of tho City, theio teems
to be an castwnid tendency, which
promises to bo iunlntalned If not nc
icleiatcd by thu location of the JcU
oral 1 till ItlliiK, the futuro homo of tho
I'lUt-OIRcc, to the Kast of Fort street.
TIioiikU only a faw larRo offlco build
lugs linvo recently been erected, thoi-o
that have been built or are now Hear
ing completion ure decidedly u credit
to tho City. The Asiatic quarter Is
not nearly so well defined nt present
as It was prior to the "Chinatown
rite," lu 1900, Its luhnbltnuts hav
ing Hcattorcd In nil dliectlons ero
pot mission for le-bullding In the
burnod urea had been obtained. A
canuiil observation, however, would
leave no doubt that tho vast majority
of Chlneso nnd Japanese niako their
abode in the noith central portion
of tho City.
It la cjulto Rencrnlly conceded
among icnl estnto dealers, that tho
question of values Is 11 dltncult sub
ject In so far ns It upplp3 to Hono
lulu, Sales, In which tho seller Is
wholly u free agont aro not frequent,
and in transactions where Improve
ments nl 11 Included, It Is dllllcult to
arrive nt n separate valuation of tho
land ami buildings.
Tho most valuable piopoity In town
Is located ut the Intersection of Koit
nnd King stieets, whoro a small lot
with a fiont.igo on both stieets. Is 11a
sessed at $20. per Miuiire fool. A
fairer valuation bowovor, would be
one-half this flguro. Olio block uwny.nt
the ('oilier of Pint and Hotel streets,
the valuation Is $1; per squ.no foot.
AMB OF STOGtf 'IJ'' ,t BM UiVfrt
iriiewtrfc Co ..-.-
a.tA rtflnuiton Co ...
Hawaiian Asrlr. Cn,..,
Maw Com Ai Sue Co ..
Hawaiian Sugar Co ..
Ilniinmu Snipir Co ....
UmmV.in?ilffflr Co . ..
Haiku SnirtrCn ......
Kaltiitut IMn'ilRllnil (n
Kllicl riliitat'nil Co llil
Klialuilu SURaf Co....
Ko'ort Sujrar Co
Mt'l'fjrJf SiiRAr Co ....
Dilin Sl'R&r Co
CVinmrj Sugar Co .,,,
Oikoa Riinar I'laul Co
Olaa 5uar Co I.I.I ....
PAaltau bugar I'IfiiI Co
Panfi.. .uftar M ill, . . .
I'ala rimitalloii Co ,,,.
I'eiickro Snnar Co....
I'l.-.rr .Mill tj.i
Watalu 1 Act It Co
W!lu!iu buzar Co ....
Waimfa Siitfar Mill Co
liitcr.llaiiil Mranl NCo
Hon M T Jc I. Co ITcl
Mom It'lfi I.CnCom
Mmiiftl Tclrpliciie C'.l
Nalukil RiiM'er Co Al
(laliu K.V I.C.)
Hon Kft MCo:
Hawaiian Pin.it.)e Co.
Haw Trr 4 lc Flied
1 law irri r
i 4:4 r
ItawTcr 4W pc
lluwTcr 1 tc 1..
Haw Gov't pc
Ca fttl Sii Id Ret Co
ilaiku itirar C'o 6 lie
l ijm D'lcli Co ,
' l'.rr DitcliCs
I ItBA Coiil.'d Niif;Co4iC
J It iw iiciir Co p r;.. .
H ij R 1 Co Orti t pc
lion K I (t u I u o t c
knSuktl P.ant Col, pc.
Mrllraili S t"' ftf
O4I1I ttfc I. Co 6-1 c..
luliu Suj;ar Co a c ..
"5laa unur LnCv?
I'ac hue. M.ll Co, On
Call l".aiililKt.l Co ....
IVi rr Mill Co 6 p c ..
Wautlu xrii Cu 5 p c
L?t;tt st'Dir c.uo'.atlo1!, 4.33 cents or
f37.23 per ten.
Lonckn Beets, I Is,
Ikrtru UatDrhriiien Tntcf Pn
jilLHIJ nuilalliUUiJJ IlUJl uM
Stock Eiiti Bond Oepaiiinsn!
I McmRerr Honolulu 'ocl' nd Oonj
WILLIAM WILLIAMSON ynatrr,
PCKT AND MERCHANT 3TS.
TCL. PHIVATE CrCHANQC .
lOR the dignified man of business,
at home or away, we cannot offer
abetter suggestion than to wear one of our
'Varsity suits; not the styles wc show for
young, ladish men, though some of the
older men like them; but the quieter
styles which have still a distinction and
smartness not found in any other make
of clothing. Made for us by
Hart, Schaffner &
Young men and old ought to see the
clothes we're showing; the best clothes
Suits, $18 to $35
Overcoats, $20 to $35
The home of Hart, Schaffner dt Marx clothes
8 j J
tC '5rl rr?
Cop)'riglit 1 90S bj Hart SchatTner & Marx
-a 9 ? 1
Miva s 1 osserv
Kinjj St., near Fort
(ln'ltT(l .luii 1(1 1 hf Irit J I n'll tlin nit
xf 11 ml li.iir mi iiiuir'H ililr front
....... IUUJ nw ,1,11, ,! juiii-s illlIIH
ifioni two to tcu ci'itls per squnio foot
necoruing to tiio location nnd nt
'points half Hint dlstnucc from town
prlcea vary fion flvo to twenty-llvo
cents jier square foot,
j Turning lo the subject of rents,
lOllll flllll.t thllt II lu'll HtnlV' fitwl Iviun.
liietit building :id by 100 foct near
1110 corner 01 run and King streets,
rents for $17.' per month, u ground
llcor mill b.'iRoninnt o.T. In CO ,.n I.-lm-
rtrect about 200 feet from Kort St.
lor iuu, per nionth whllo one of
Mimcwhat lnrger dlmonslons on Tort
Mrret. beoml lintel, intttu rn tKh
The iiionthly rental paid for furulili-.
uu inni3es (ii nve anil six liedroonis.
in goon localities, ranges from $7.'.
to ?."., while ,i two beilioom Inillt-tu-rcnt
cottuKe ( in be bad for $2S.
Kollowlns the R.in Ki.iiwU.-,. ,ll.
nkter prices of building matoil.ils
mule u marked ndwiuce, which fact
In addition to the other causes Hint
ilepresn-d icnl esiiite, led to inactivity
In this line. Considerable publicity
having been given to tho liieicuso In
the pilco of building mutcrlnl, pros
pective honie-biilldera were deterred
from carrying out their plans, and
ullhoiifili prices havo since fallen
very couildornblv. Imllillnir mmm.
tlons have been resumed onlv on n
limited scale. .Mm cover, at least
twenty por cent of tho valuo of u
lesldencc (opting fiom $2,000,00 to
?r.,000.00 Is niado up of labor, and
mi far as this Is concerned. It Is ns
cheap as It over Ima been, whllo tlin
margin of nmlllH 1ms nnv.r i.,n
smaller. Taking tho forecoinir Info
(onsldoratlnn, tho argunieut against
building operations under presout
conditions Is ceitaluly not 'entltlod to
llio Btipiiort that It dill receives.
Thoro Is at present no oiuhlritlou
or association of real c3tato agents
though a movement with, this end m
lnw was started somo'n li.tt over a
yeni; ago; nnd there Is conseqiienlly
no iKcd Kcliedulo of coiiiiuIbiIoub. Tho
usual chnigcs aro fi per cent of tho
puichaco prloo as regurds saloc. 25
per cent of n.monlh'j rent for iindlng
n tenant, nnd S per cent' of rents col.
iccled for managing u propeity.
Whllo thoro Is iiii'inlnilty legnrdlng
tho present condition or llio real os
tale maiket. theie aro naturally many
illorcnt oplnlona icai:ect(rg n:n drgrcn
In which it will be affected by tho Hr-rn
ox er.lltnrer. im-.riv to bo r.nCo by
tho rederul (lovernnient. It can bu
said, hmvovc", tli .t u grnoral tentl.
nmnt exists, founded on tho preheat
prosperity of tho sugar Industry nnd
tho rapid growth nnd succcsu atiemb
In-.; other Important Industrial enter
prises, that thu market will" show n
very much Improved tone lu tho near
a WELCOME "
WALL, NICHOLS COMPAttY-" LTD, i
my WILLIAM WILLIAMSOfl.)
'1 hronsli tlio . vffnrtit nt aii .it (
Prnmctlou Committee, Hawaii Is fm.t
b'vonilng Kucumi Iho woild over ns n
Irml ut Meal cllniito, and n.i such Is
(ittrncllng not oifly hcnltli nnd ple.-ih-ii
o ttcheui, but homo seekers i.
nell. Many who havo conio to the
Iihnds villi the Inieution of .remain
Ii 15 bin u few wtoks or munitis havo
Ii and It attractive enough to nay,
uiillo ninny others havo gone luck
homo with tho avowed intention of re
luming to Hawaii later on. From
such people v:o havo received many
Inquiries Willi regard to tho opportun
illis for investing monies. There arc
liv countries (hat oiler better Induce
ments in Investors toiluy than Hawaii.
V me Just entering upon n period or
rieat pio-.perlly. Our main nrllclo
of production Is sugar, nnd tho stocks
of the various (oiporuttons me so
wldel.v held throughout tho commun
ity that Hie maiket price of tho com
modity Is the principal facto.' Ui .l.c
The entire output of Hawaii's sugnr
this yenr vvlll avoraso well over JH0
per ton, and tho prosp'ctlvo luvest-ir
vvlll find food for thought In (he r,i'it
that thu monthly ill v Hauls p-ilil lu
Juno on rugnr slocks Hi led on tho Ho
nolulu Slock mid Horn! KtcJiungc
amounted to $ir5,C&0. Ah far as wc
in" able lo Judge of th" future, sugar
vvlll maintain its present price for r.
year at least, mid thesu dividends vvlll
The .lime dividends in other utoiki
lined on tho Honolulu Stock mid Ilnul
i:.chiMigi vvcio 187,110. making u total
nf $31.' urn for a slug'c month. On
tho ni'i-.l-ct price of 11 ere securities
biigurs me returning from fi to 17 pur
cent, with nn nverago ot 10 0 per cent
nnd oilier slocks (1 to 12 per cent,
with nn average of 8 1 per cent. It Is
nctovvorlliy, to, tli.it sleeks In Haw.ill
uro not subject to the manipulation
ro ills.iitious to luventura In tho lint
em mnrknts To nuy who may prefer
bonds, wo aro offering fi per ccnta
lrom 93 tT 105 nnd 5 per cants ut less
thnn par. Eccured In each Instanco by
flrtt mortgiigo upon tho teal estuiu
and equipment of the various corpora
Ileus. The pineapple Industry ccihwh next
to angir The Hawaiian pine Is pee
ond to mine. The western Ktutes vvlll
cuiieume all that wo ran rnlsu, Tho
puichnro of stock In tho I'lantntlons
now operating or of land rultabli; for
i.ilslug p'neu sliniild uttrnet monies
Of tlin other Industries not ns et
tally developed, rubber and tolncco
me particulaily uttractlvo, ns both
glvo over.v Indication of ylelillng largo
leliuns on Invested capital.
At this time icnl estnto lu mid about
Honolulu should be an attractive field
for Investment. Wo estimate that tho
notifying of I'eorl Harbor nnd Hono
lulu vvlll menu un nddltlon of "I'lOO peo
ple to the Island of Oahii. With a
suburban electric lino to tho luiibor
or a Millie lout service on tho piCBcnt
mlliond, It Is expected thai most of
thef.o people vvlll live In Honolulu, and
ln.iiiv will piiuli'isp ho'iii'K In the city
mid suburbs nnd llio value of ro.il es
tale vvlll tin enhanced nccordliiglj.
Tho back couuliy ot Oahii will bo
called upon to furnish vegetables and
frnlt for this Increased population,
mil Ihere laiiipi puichnseablo now ut
a veiy fair pilco vvlll Incrtune lu vilue
during the nct few yens.
The Proper Drnking of
is fjootl for tliq weak md Ihs well. Tho abuse of-it is iicver
rjcoil for anybody.
0ns of the beat i!vi:ij;3 thct Hccr dees is to flush tho
tystczr. end ;;ct rid of p .jsouous weste natter.
3ut Beer must bj Pmv, eke it caniot be healthful;
and the purest and b-st Jn
WVUII IMIHF Wilt
Honolulu Construction anil Draying So,,
PHONE, OFFICE 281. P. 0. BOX 154.
Fort St., Ojip. W. a. Irwin & Co., Ltd.
We do all kinds of Teanin;; nl;u deal in Crushed Hock, White and
Black Sand, Broken Coral. Gardca S.-il, Etc. SAFE MOVIHO A SPE..
The Newest Thing
Ruching, Fancy Beits India Linon,
Linen Lawn 36 in. wide, 35c yd
Also, Ladies' Lingerie Waists
& Co., Ltd.