Joel: That is a terrific photographic. Looks like you did your homework. I've got a drawerful of Fritz Kraft's
Sailors' Pal photos as well as a few of the scenics he shot but I've never seen anything quite like your picture. It's really neat to see a comment in the photographer's own hand, too. I don't know what it's worth but I would pay silly money for it if that's where you're heading. If you are in Honolulu take it over to Mauna Kea Gallery on King and McCully and then multiply by three or four what they offer you for it.
Attached is a related photo scanned from
Honolulu Stadium: Where Hawaii Played by Arthur Suehiro and also a peek at the lovely Esther Sumida from Kraft's, ahem, better known genre.