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THE'MAUl NEWS
-SATURDAY, NOVEMBER 20, 1909
Irwins Big Deal
Causes Speculation.
The San Francisco Chronicle stys:
Local financial and hnsinpss cir
cles were (lift.'U'siii" fieely yester
day the effect of the sale of the
Irwin pugnr interests to the firm of
C Ilrewer & Co., Limited, in Ha
wiiii. The hews of the transaction
which is prolmhly the laijjest ileal
in the industrial history of the is
land territory, came as a great mr
prise to the local business comma
nity, nnd it has resulted in much
mental speculation n( to what
William (J. Irwin intends to do
with his fortune, and where he will
make his future field of activity.
A well supported belief is that
Irwin intends to invest large putr.s
in California, and particularly in
San Francisco, where his family
now practically lives, anil where
he has spent much time recently.
For some time past it has been a
rumor about the islands that Irwin
would make California his home,
this theory beins$ substantiated by
the fact '.hat Mrs. Irwin had spent
less time recently at their island
palace seeming to prefer living in
San Francisco where she has been
figuring prominently in the social
world.
Not long ago Irwin offered the
island of Lanai, which is one of
the eight largest in the Hawaiian
group, for sale for $375,000. It is
not stated in the dispatches whether
this property is included in the re
cent sale, though it was said that
Irwin A Co. had "sold all their
varied interests.'' It is understood,
however, fchat if this island has
not yet been sold it soon will be
disposed of and that an Kastern
syndicate is flirting with the pro
position. , William U. Irwins private for
tune is estimated at $10,000,000.
This has all been built up by good
business management in a com
paratively few years, Irwin himself
having started in the islnnds ns a
. clerk- in the Spreckels' employ.
That a considerable portion of this
is to be invested here soon seems
almost a forgone conclusion, and
those in a position to understand
the situation declared last night
that it was not unreasonable to
assume that eventually the bulk
of the whole vast fortune will be
secured with California properties.
The transfer of the Irwin inter
ests in Hawaii marks the passing
of the Spreckels regime or, rather,
the last vestige of that once poten-
. t in 1 power. For, while Irwin has
conducted his own private enter
prison, he has also done much bus
iness for the Spreckels interest, and
the affair" of the two have been
more or Ies interwoven. This pre
sent surrender of interests moans
the loss of a headquarters' in the
iidand to the Spreckels people, and
the augmenting of n newer and
verv considerable power in the
Territory of Hawaii.
C. Brewer it Co., is an institu
tion which is backed by ex-Govern
or .Carter, 1'. C. Jones and sone of
the other lame island capitalists,
ami is a combination of not'only
great resources but also large re
, serve. It has acquired strength by
successive steps until it has been
able to effect tins latest and great'
est extension of its lines, thus bj
coming the leading firm in Hawaii.
Power of Attorney.
Duron; my absence from the Territory
A. K. Tinjf anil Wong Tim will act for
tnc witu lull jxiwt-r oi attorneys,
11. AH SF.K.
July to January.
Why Halley's Comet
Is The Most Famous.
Halley's comet is the must .famous
in history on account of being the
first known to move in a clowd or
bit. It is an object of cxtraordin
ary attention from its brilliancy, its
sensational size, the record of its r
turns, extending back nearly 2000
years, and the consternation once
spread throughout the world by the
lulief that it would destroy the earth.
In KiS2, during the reign of
Charles II. a very large comet ap-
iR'ared, which was observed by Nww-
ton, Hallcy, and other astronomers
of the time. Hallcy followed its
course among the stars, and com
paring his observations with the re
cords of previous comets came to the
conclusion that the comets of 1156,
l-")ol and Ki()7 wi re but v different
appearances of the same object. He
staked his reputation on the predic
tion that it would return in about
years. True to this prediction,
it apixared in 17-VJ. It is said that
Hallcy traced the returns of his
comet back for 17 centuries from the
records of early writers. In the year
1-5 P.. C. a comet appeared that was
so linglit it could be seen in the
daytime.
Halley's comet of K5.X2 was larger
ind more brilliant than that of 14ofl
and its tail was more than S)(,000,
000 miles in length. However, Xcw-
toli had just discovered the laws of
universal gravitation ..which explain
ed the motion of planets and comets
iround the sun and placed the solar
system on a scientific, basis, so this
appearance was robbed of its terrors.
I ho period of Halley's comet is
about 7-52 yi'ars. It last appeared
in 183") and its coming wns expect
ed in the latter part of 190'.). True
to its past record for regularity it
has appeared.
Three Months' Steamers.
Dec.
STEAMKRS ARRIVE.
Date. Name. From.
Nov. 2o...Asia Yokohama
22... Hongkong Maru Hongkong
23. ..China San Francisco
24.. Hiloiiian !Sau Francisco
26. ..Alameda San Francisco
29... Manchuria San Francisco
4. ..Mongolia ' Yokohama"
7...Chiyo Maru San Francisco
S. . .Aorangi Colonies
Io...Tenyo Maru Yokohama
lo...Makura Victoria
14 ..Asia San Francisco
1 7. ..Alameda San Francisco
21 ...Korea Yokohama
22 . . . H ilouiau : San Francisco
27. ..Mongolia San Francisco
29. ..America' Maru Valparaiso
3 1 . . . M i ppo 11 Maru Yok oham a
STF.AMF.RS DEPART.
Name.- From.
22. ..Hongkong Maru Valparaiso
23.. .China Yokohama
29.. Manchuria Yokohama
3o...IIilouian San Francisco
1 .. Alameda San Francisco
4... Mongol 1:1 San Francisco
7...CI11V0 Maru Yokohama
8... Aorangi Victoria
io...Tenyo Maru San Francisco
1 o . . . Mak ura Colon ies
14.. Asia Yokohama
21. ..Korea Sail Francisco
22. ..Alameda San Francisco
2. ..Mongolia 'Yokohama
2S... Hiloiiian San Francisco
29 . . . American Maru Hongkong
31 ...Nippon Maru San Francisco
Calling at Funning Island.
Calling at Manila.
V. S. A. transport will leave San Fran
cisco anil Manila, and will arrive from
some ports at irregular intervals.
Date
Nov.
Dec.
it
4,
4
60 YEARS'
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YOL'it (iROGEIl SELLS. IT.
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WlIOLKSAI.E DrSTUIlU'TKItS.
HONOLULU.
r.T. At' a in hetr is a tiille less than
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THE FIRST NATIONAL BANK OF WAILUKI)
. Clias. 5r. Cinike, Presitlent W. T. koliinsoii, 1st Vice-President
1. H. Case, 2nd Vice-President R. A. Wadsworth, Director 1
; C. I). Luikin, Cushicr A. Aalberg, Auditor
SEMI-ANNUAL STATEMENT
at the close of business, June 30, 1909
RESOURCES I LIABILITIES
Loans ami Discounts $140,045.53 Capital Stock J 35,000.00
Bonds..... ;. 34,730.00 1 Surplus and Profits 26,403.63
United States. Bonds 25,000.00 Circulation 23,997-50
Premium on V. S. Bonds 400.00 i Dividends Unpaid 1,400.00
Cash and Due from Hanks 72,049.78 , Depositors 193,124.18
Banking House, Furniture, etc - 6,450.00 1
5X Redemption Fund... ;..- I25o.ooi
$279,925.31
279.92531
E. &. O. E.
C. D. lA'FKIN, Cashier.
TERRITORY OF HAWAII,
COUNTY OF MAl'l,
I, C. D. Lufkiu, Cashier of the above nnnied bank, do solemnly swear that the
above statement is true to the best of my knowledge and belief.
C. D. LUFKIN, Cashier.
Subscribed anil sworn to before me this 2nd day of July, 1909.
II. M. COKE, Notary Public Sec. J ml. Circuit.
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