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wmr TT ' svyj9HFw-m l".',yj,wwifj,"lf igy igijy FffffW'tfiylw h "WWT7T fur- '$wm yr'uywygwin ." -jrw "j!?'T KtENINO BULLETIN, HONOLULU, T. I! . SATURDAY. SETT. 3. 1010. E?" E - ft v i f. IN BUSINESS CIRCLES Signs do not fall to accumulate In suppoil itf tlu contention that Hono lulu mil estate will lil'llio not far dls taut future be tli object of special In terest amoiiK tliu trades of the city. There will of course be more or less Speculation, but the movement will be liaekecl up hy the steady growth Of thottciwu, lilcremed demand for busi ness propel ty and Increased deiiimul lor homes. .hut at present the trading soiled uleil under 'the bead of Hpeculatlon nnil Investment Is In what might be termed a transition singe With plen ty of money In the town there Is no great demand for slocks, and the re ports of the Exchange are far from suggesting any speculative moemeut In siig'ir shares. Not only the stock market, but Un born! market is dull. Yet the town Is not lacking for funds to invest. Ad for the Investments abroad, the rush on that line of druinage appears to bo over Tliu people who went into tin' gel-rleh-nulck schemes are Le nlnnlug to receive ends for assess ments, ,-ind the propositions don't up l'.enr half mi attractive as they did on the promoter's paper. There is no lack of confidence In Ciigur and sugar stocks, but the gen eral opinion seems to be that with the exception of the cheaper shares, the cpeculatlio factor has been eliminat ed I roin the stock market l'rlces on the old lines shares hae reached a good llguro which Is accepted us bc-l lug about as high as they ought to go,' on the prtscnt outlook for the raw sugar market. The expectation Isj that the price during the coining sea ron will bo qultu or nearly as goodjis last year, but no better. I Consequently tlte uctlvo buyers ohd tellers, the traders who make' the market, and tho speculators If you will, are Bort of swinging in the but nnco before turning to 'something new And Honolulu real estate Lids fair to he the next business feature to attract 'the money and the confidence of the public It must be udmltetd huwoM-r that many, many people still have memories, and even property in their hands that they mortgaged at hnlf the Value In the days of the boom and had to bnv In fur the price of the mortgage. They think it will huppen again. They can't believe that tho Federal establishment and the thou sands of men coming hero and to iiiiuu In connection with the Federal works, to say nothing of the tourlst.1, constitute uuy more permanent basis of growth than the plantation booms of l!iO(i Ttiey are of course mistak en, and being pretty clear headed men on all other nmtetrs they will snpn mm! their error in extreme conservat ism In this Ilea 11 Hoard. In this connection the temporary organization of the proposed Realty Hoard In getting together a great deal of material and doing n lot of discus sing, In order to get their scheme' whipped Into shape and put the realty trading of the town on u llrm basis. One meeting has been held and tho constitution and by-laws of severil mainland organizations studied with a view to their adaptation to condi tions In this city ami tho Islands. This study takes u great amount of time, and If the lleullv Hoard is to start right, there will be a still greater amount of study, of a wider range of cities This preliminary deliberation Is by mi means time wasted. Ginger Ale, A PURE PINEAPPLE PRODUCT ' New Phone, 1557 .Sugar Stack. Trading In sugar stocks has been fairly good the lust week but rather . iiiiiuiereniiiig. i lie cueup niutnn iiutu dropped and enable thoso ready to ' pick up the shares at tho lower llg-' tire, it good opportunity to make a good turn. Oabu Is holding Arm at 32 and u fraction. The other dividend paying stuckij urc holding llrm at tho current quotations. Hutchinson has shaded off somewhat, but there have been no radical changes and no es pecially large trancuctlons. Illlo Hallway has dropped to 11 and a frac tion and will probably go lower be-, fore making tiny marked advance. ttegular dividends have been paid and the constant flow of money from the usual sources has been un checked. Sugar frier. The price of sugar bos dropped slightly but Is still very close to I'M) a ton. One of the very happy Inci dents In connection with the fierce battle with the elements experienced by the ship Win. 1. Frye from Kahu lilt to Philadelphia was the fact that the cargo urrived in time to tnko u top-notch price. The late cargoes and the lute crops are securing the best returns of the season. Quotations for beets are gradually dropping as the new crop approaches thv time for harvest, and the beets and centrifugals ure now nearer n parity than at any time for the past 1 year. Wlllett & Oray's Sugar Journal for Aug. 13 snys of tho sugar market: .Hlatlitlo li) Special Cables I Cuba The six nrlnoliint norts: He. celpts, 4000; exports, 22.000; stock,' , 124,000, ugalnst 81,'OQO tons last year. Centrals grinding 2, ugalnst last week GjinQ fin 1908, :t(cks- In the United States and Cuba together of 4G9,7&3 tons, ,agatnst .49C,0t".3 tons last week and 363,679 tons last year, an Increase of 105,174 tous from last year. Kuropo Stock, In Kurope, loni, ugalnst 10T3 tons last year. VMhle Supply. Total .stock of Kurope and America, 1.473,73 tons, against l,43C,r.9 tons! lasi year-at tne same uates. Tiie in crease of stock is 37,174 tons, against a decrease of 20.C30 last week. Total stpeks and afloats together show a visible supply' of 1,fl8l,"r3 tons, ugaltiBt 1,701,579 tons last year, or n decrease of 19,820 tons. Haws. ' The upward movement In prices here continues. No business was done early In the week, but on Tuesday the firmness of holders was ruwuided by sales, of some 116.000 bngs Cuba and I'orlo Hlco Centrifugals at 3 1-Cc c. & f. and Its equivalent, 4.42c lauded, basis 90 deg. test, all nenrby or for prompt shipment, and advancing spot quota tions accordingly; all Hie sugar ob tainable on this basis was quickly uccented by the refiners. Offerings are now on the basis of 3 3-32c c. & f. to the extent of only 20,000 hags Cubus, otherwise holders jure flruily demanding 3Wc c. & f for sued quantity as they are willing tb let go, with many sugars still remain ing out of the market, the owners ex pecting still higher prices eventually. The price of 3V4c c. & f. Is equal to 4.48.ro landed for 9G deg. test, and Is ( on u parity with the present quota tion (Us 9d) for new crop European been sugurs. October-December deliv ery. It must be remembered, howev er, that new beet sugurs will not be Main Soda, Road and Private Driveway Construction By Capable workmen under the superintendence of an experienced engineer insuring the selection of the proper approach and correct grades with the intelligent use of accurately proportioned materials and the permanency of the work. TENNIS COURTS Laid out and built with macadam, oil surface, earth or sod FILLING LOTS and GENERAL GRADING With the use of portable track and cars consider ably reducing the cost. PLANTATION RESERVOIRS And all work of this character LET ME FURNISH AN ESTIMATE P. M. Office at Pond's available to arrive, hero In quantity beforo November, unci meanwhile, tho demand must be sutlslled by deliver ies from the present stocks here and In Cuba principally, and possibly from stock of Cubus In Liverpool, with such .lavas and u few Demoruras as England and Cunnda can spare us. Sooner or later there will bo u close competition between Cubus and Javas, and It will depend largely up on how much available cane sugar Knglund can do without, as to tho further advance above 3 lie c. & f, or 4.48c lunded. Our speclul cable from Hiitavla gives exports from Java during July of 102,000 tous to Kuropo uipl Amer ica, und 99,000 tons elsewhere, being larger than anticipated It will bo noted that the shipments to Kustcrn countries have increased, us well us those to Kurope and America, the ox ports, May 1st to duly 31st, being 1C3.00U tons to the Kust and 139,000 tons to tire West, ugalnst 127,000 tons and 110,000 tons respectively, for tin same time last year. Javas ure now attracting iliuch at tention, there being u considerable quantity allout and mailable for New York and New Orleans as well; a PINECTAR . : r- ; , Big - Ditch Root Beer ARCTIC LEITHEAD On contemplated work POND, Dairy cargo, shipped In July (September nr-j rival) wns held at Ills 4 'Ad c t. & I., equal to 4,G2c landed, and a slightly j lower bid solicited; this cargo Is now withdrawn and may be sold; August1 shipment (October urrlvul) can bo ' bought at 13s ltf.v U I., equal to! 4,r,5c landed, 90 deg. test. Very few, I If any, July cargoes aru now available lor America. . ' I New crop Demerurn Centrlliigu's for October shipment are. nlTcrlng In a small wuv at -VS'.c c. & f. to New Yurk, equal to 4.G.rc landed for Hi! deg. test, tho sumo as .asked fur Javas for similar arrival. A cargo of 1'hlllpplnu sugars has recently been sold alprlcesiiuderstood to bo 3.X I c for 88 deg. test and 3..MIC for 81 deg test. In Cuba thcro are two Centrals still grinding Itecetpts at tho sU ports were again 40110 tous for the week mid weather continues favorable for the glowing crop in most sections. In Kuropo the weather tills week has been partly favorable for the nuw beet ei op; F. O, l.lchCs latest testB taken of beet roots in (iernmny give moro luvurublo llgures than at same tlnio last year or year before; In France, however, recent tests com-1 pure very unfavorably with thofo of Reg. U. S. Pnt. Office fc WOODWARD, Contractor Telephone 2890 the last two )cars. European uiiukcts aie quiet, quo tations ror beet August delivery re maining unchanged throughout the weik i 14s lOVid, September lluetu ntlnr ' 'w "i 13s 9d and 13s ItlVid, e'ii i, .c highest, anil October- a-luii.. continuing steady ut lis ilcl. "r li nort show little Interest In i u-s for October or later arrival, i.. .tearing willing to tako their chances on the course of tliu market lor sfcli deliveries, hut September sugars will be in good demand and the tendency of prices Is In sellers' favor. At the close It Is rumored that a sale has been made at 3 3-32o c. & f. Tor Cubus (l.4."ic). llcllncd. At the II. k K. refinery moro men are taken on uvery day, Including it considerable number of new ones. -Meltings are Increased fillOO tons by the op.'nlug up of tho II. ti K. and the Howell Iing Island City refineries. The distribution continues good.uml rellners ure doing u little better on shipments. Sumo shipments urn being made or higher grades of soils, the produc tlonor which "was recently suspended j Propriotoi'8 I by the strike; of course preference Is given orders In hand fur these grncle, but the refiners expect to catch op with these old orders by the end of the week. During the enrly part of the week the market was quiet, but, later on, following the advance In raws, tho demand Increased considerably and a general advance of .10c In prices of refined was mude. Amcrlcnii und Howell quote, basis of 5.2"c less 1 per cent lor granulated, with a further advance or 10 points on their sott grades. Arucklo Hros. advanced hurds only and now their whole list Is basis fj.2."c less 1 per cent ror granuluted. Federal nnil Warner advance their list to r,.2."e less 1 tier lent ror gran- ulnted. Al rellners are accepting orders at the old price or fi.lfic less 1 per cent, and a good business Is doing, as the price Is safe ror several weeks to come. It would bo good policy ror buyers ' to anticipate their wants In sending withdrawal orders, as delays In ship ments arc likely to continue Tor Home time. I'm lire. I August 3. Tho wenther conditions luivo been slightly better than the preceding week, although It Is not yet seasonable. Tho rains liuve been rre quent, allowing moro sunshine, hut In spite or the turn ror the better, the weather continues cold ror the sea son. Harvesting or cereals has been rushed with all vigor wherever prac-! tleable. i licet plants nro very backward, and the giowtli Is being Interfered with by numerous worms, caterpillars, etc. The test made July 28lh shows the average weight of the root only 77 grams; In 1909, also n year of back ward development, the root weighed on tho same, date 107 grams, while In 1908, n good year, the root weighed 170 grams. Only exceptional weather will ho able to pull the crop up to a normal one. (.'(mm n Heel Crop. F. O. I.lcht'H pre-enmpaign tests compare iik follows with thoso miulu at name time in the two preceding years: For Magdeburg Dlst. Aug. 4: Average uf other (lermau districts, drains. 1910. 1909. 1908. Average weight with leave 1,013 903 18.-, Average weight without leave ... 2.M "IS .in' Sugar, per cent. ...12.94 9.78 12.23 1 quotient of purity . .82.95 711.23 81.r,3 I Average or other (lermau districts,' August 1: I Clrams. 1910. 1009. 1'JOS. Average, weight with leaves 707 CCS f.72 Average without leaves 2IS 170 210 Sugar, per cent 13.91 12.27 13.r.C Quotient or purity ..83.30 79.79 82.20 Miigoon Ilrothers Is tho tltlu of tho latest llrm to enter the leal estate and trust business In tliu city. The mem bers or tho llrm aro tliu elder sons or J. A. Mugoiin. They aro bright young men, full or energy and ambition and should make a good showing In the general development or tho town. They have, started In with u list ot good property and excellent agencies. Dr. Victor S. Clark arrived this week to assume his duties us an otll cer or tho Territorial Hoiud or Immi gration. 1)r. Clark Is well known In tho cltv and Islands. Ho Is un uxpeil or proed capacity and the Territory Is very fortunate in securing his ser vices. He will uct us the executive olllcer or the llourd. The $100,000 plant or the Honolulu Uiva Hrlck Company is expected to Distilled Water and Syphons 1263 Miller Street HH be In full swing In the course of tho next three mouths. A resolution to pnve Fort street with the Wurreti bltullthlc pavement wns passed by the Hoard of Supervis ors at their session this week. This should nnnlly result In the pnvlng'of Furl street with something that will make the main retail street n credit to tliu city, It U understood that the plant tor the manufacture of the pavr-' njentj is. on the way tihdjwlll be jrcudy ror operation In rt r'y sho'rt'tlmo:, Condemnation proceedings for the extension or lllshop street through ,tp Heretanla havu been Instituted, tho luhertlsenicnt lor the owners or prop erty to come Into court having been published. In connection with the condemna tion or property ror public purposes It appears that the enlargement of the Federal building site Is still In tho balance. Collector Stnckable, who Is representing the Treasury depart ment In the mntetr, bus come forward with a proposition for whut seems la amount to two buildings. Ho seems to think that the Fort street block cannot be secured through condemna tion proceedings lor less than C0p, 000, so he wants an agreement to di vide tho public buildings. Have on,i building on the waterfront ror tho harbor olllces, and the other, tliu smaller one, on the original Miihukn site. II this scheme is worked through Ic means another hold-up or the whole Federal building proposition, and the town has had delays enough. There Is a general settling or opinion to the conclusion that the Government should go ahead with the condemna tion proceedings und tlnd out what will happen. Then it will be tlmo enough to llguie on what can bo done. One of the big deals of tho week was the sale of approximately Jti&.ooi) worth or Hawaiian Klcctrlc stock to onu or tho estate or the city. Tho transaction Included tlueo hundred and lirty-nlue shares that sold nt u price ranging from $170 to (17. per shine. Appraisers returned their findings to tliu court this week on the estuto of tho lute Alexander Young. They Mud the estate valued at $1,283,489.92. II II. Paris, manager of E. O. Hull & Son, was elected president ot the Colnertlul Club this week. Tho now members or the board or governors ure John Drew, Ed Towse, A. (llg noux. Fred Hush and T M Church. ALL. CLOSED MONDAY Notice has been issued by Trrl toilul Secretuiy iMott-Smlth that next Monday being Labor Day all Terrl toilal ofllces will bo closed during tho dny. Courts and all tho otnclal chambers will bu closed for the entlro day, giv ing such olhclnlx nnd employees n long week-end which may bo spent out of town. NEW YORK AT MANILA On .August 4 the first class cruiser New York arrived at Manila rrom tho Atlantic Coast. Tho New York Is In the Far Kust to lelleve tho Charleston us tluzshlp or tho tleet In Oriental waters, Atter going Into the drydock Dewey ror overhauling, being the second ves sel to use the dock ufter Its recept submerging, tlu Now York departed for Yokohama to tuko the place or the Charleston .which wus then theru and which was to sail for the Stntes as soon as tho New York arrived. W "' f-1 J I' n 1 1 ell li l per j en r. CARBONATED GUARANTEED TO KEEP marifciiyc i an 1