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title: 'The Maui news. (Wailuku, Maui, H.I.) 1900-current, November 26, 1910, Image 1',
meta: 'News about Chronicling America - RSS Feed',
Image provided by: University of Hawaii at Manoa; Honolulu, HI
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What is Best for Maui
is Best for the News
If you wish Prosperity
Advertise in the News
WAILUKU, MAUI, H. T.. SATURDAY. NOVEMBER 26, i9l0
' ' ' '" m , v
1 w .
: ".jRucTNews From the Capitol Regard
1 . ing Sugar Stock.
Hv it. u. Tiliiinons.
' Honolulu, Nov. 22.
The prediction of Inst week that
"Stilt advance in tin- price of sugar to
j:U)0 was only temporary proved to
life entirely correct. Beets followed
iraVrt upward until 9s, Id was
reaelicil On Saturday caine the
anticipated slump m raws, the drop
Ibcing to 3.S7, anl yesterday heets
Idecliiied to 8s, Lid. Hush orders
Ifor Christmas usej may keep the
prices up to the present level for a
(short while, Although it is not im-
fpdssilile nor'iinprohalile that the
onrush of the lieet crop may swamp
(the market fltid send prices far
down us soon ,ns the holiday demand
Ifor tu'irplus. sugar has been satisfied.
'There seems to he a feeling, how
i . ... . ... i ..
Sever, in notli America anu jMiiope
thar there will lie mreaction of con-
isiderable proportions next year.
Advanced from England and Ger-
JlB . ...... . i ' i,
ninny, Wiuett .uray anu omer
American authorities appear to be
coming around to the same opinion.
Jt is shown,' for instance, that the
$ present beet crop in Europe is bo-
ing sold at cost and less than cost.
This, it is held, will result in a very
considerable reduction in 19L1 sow
ings and a substantial curtailment
of the QiitDUt. Some of the same
Ifeeling of discouragement is manifest
J among the beet growers of America,
t while the cane planters of Louisiana,
fare already preparing to plant cane
f to cotton next year. While Cuba's
'nniio nmn next war will not be re-
V , P
ducedit is almost certain that it will
not be increased to any extent; and
the world's cane area at large will
be sufficiently reUuced as to make a
I difference of several hundred thous
fand tons in future estimates. That
(this augurs in favor of higher prices
'I in the no distant future is plain;
land it may bo well for pessimists to
recall this prediction a year from
Tn Uiti-w-tliilli'a ntnnk- mnrlrpt. llOW-
ever, no consideration is ever paid
to the future. Stocks are sold and
purchases made on a basis of the
5 immediate day, and for that reason
I t .... i
imsuiKCS are numerous unu buiuu
times more or less, serious.
MAUI STOCKS DOWN.
Maui stocks have been severely
tiit by the depression in the past
week. Pioneer, for instance, which
stood a week ago today at $177.50
bid and 8182.50 asked' is now. $160
bid and $167 asked. A few months
ago this stock was hard to get at
$230- Yesterday a sale of 5 shares
I was made at $165, and the stock
can probably be bought for less to-
day. Taking the entire seven days
through and there have been 168
I shares of Pioneer sold, the majority
g at the highest figure, $180, and the
lowest figure being $165; the aver-
t age was, $178,897. Tho total value
of Pioneer sales was $30,165.
Hawaiian Commercial came in
forralmpst equal buffeting. A week
ago- $23 'was bid and $34 asked
T(oday the figures are $32,125 bid
and $32.50 asked. Yesterday the
cable imported that Hawaiian Com-
'"mercial 'was selling in 'San, Fran
cisco at$31.50. This message camo
Aq Ed. Pollitz, who is still here.
'A week ago Mr- Pollitz charged that
Honolulu, was responsible for the
cutting oi prices. His cablegram
would seem to fix the blame where
belongs in San Francisco, Ac
tual sales of Hawaiian Commercial
durjng the week, however, liavo
u u nniiniipii nr. I'mrf c i
After a Victorious Season Harvard Is
Virtually Beaten by Yale.
Yale's banners of blue have again
waived triumphant, for the jild Yale
bulldog spirit eame to the aid of n
weak team, and the eleven coached
by that master of stragegy, Walter
Camp, held Harvard scoreless on
the New Haven gridiron. The final
score was 0 to 0.
Forty thousand people, massed
in picturesque, array on the great,
sloping stands that overlook the
Yale field, Haw die big Harvard
eleven, confident of success, held by
it marvelous defensevThe Crimson's
swift, attack was met with a superb
stone wall, and the verdict of the
critics giive old Eli a virtu.il victory.
Harvard had its great opportunity
to' score in the last period, when
tho Crimson had'-possession of the
ball on Yale's fiffeen-yard line.
Instead of trying for a field goal, by
which route Harvard won not so
long ago'from the Blues, the Har
vard captain, Withington, after a
conference with his men, choose to
rush the ball, in an attempt to
pierce the stiff Yale line. The Har
vard eleven lost the ball on a fumdle
and the golden opportuntty waslost.
In tho last two minutes Yale ran
deep into Harvard's territory, and
finally stopped on the twenty-five-
yard line, attempted a field goal.
The ball went twenty feet wide,
and it was certain then that neither
side would score.
Yale's ability to hold the stronger
Harvard team was tho feature of the
igame. 'Play was largely in the cen
ter of the .gridiron. Both teams
were repeatedly penalized for hold
ing in the line. Neither, was able
to use open plitys to advantage
owing to the strong defense, and
the contest resolved itself largely
into old-style football.
TheVHarvard supporters are bit
terly disappointed. Odds of two to
one in favor of the Crimson were
freely offered before 'the game. It
is conceded that Walter Camp, aid
ing the head coach, Coy, has built
up a wonderful defeus've machine
in a few days.
Lands Opened For
Land Commissioner Mnrston
Campbelliias declared the following
lands withdrawn from existing
leases, ,to lie offered for home
steading purposes, on the island of
Hawaii; Wailea, Hahalau-iki,
leased to Hakalau Plantation, 685.-
42 acres at a yearly rental of 83,-
138.50; Kaalaiki Hionaa, leased to
the Hutchinson Sugar Co., 2,200
acres, yearly rental, $1,130 (only
such portions of land, not in forest
reserve,) Mookaa 1 and 2, 912.50
acres, yearly rental, $2,105; Moa
ula, leased to the Hawaiian Agri
cultural Co., 1,044 acres for $2,649
a year; Kaoo Paalca, 1,015 acres
leased to tho Honokaa Sugar Co. at
a rental of $3,811. The total num
ber of acres thus to lie thrown open
Avill be 5,856, aggregating an an
nual rental of $12,779,50.
On Oahu island the following
lands will bo withdrawn for home
steading: Lualualei, leased to the
Wainnae Co., 3,332 acres at $9,010
a year; Ahuapuaa, Vaianae, 1,001,
also leased to tho Wainnae Co., at
$1,501 a year and Makua, 1,914
acres, leased to L. L, McCandless
at $451 a year. The total number
of acres taken for homesteads will
bo 6,250, tho rents of which have
IUO JANEIRO, Nov. 25 Thf
ships yi in the harbor here went
v ere ashore ntleiidfng a banquet. They ohiiiineil po-sesi-inii of the
ships, killing one captain and two junior officers. Tliuv th?n turned
the nuns i.f the ships upon the city ami threw shells into the business
section. They demand an inereaif in pay, aiHilislinient of corporal
punishment, and a pardon for those instrumental in the killing of the
CONDON, Nov. 24. A serious. jn-iuiiiiy-have, broken out in the
Brazilian navy. Sailors has seized a battleship, and begun a bombard;
inent of llio Janeiro. News is eoinletely, censored The outhieak is
not of a political nature.
HONOLULU, Nov. 25.
earty liujnnuai y.
Cotton jrowers have found a,
knoiv.n what effect this will hav'e on
Puliation College won the Thanksgiving Day football giune. from
the College of Hawaii by the score of 9 to 3,
The Mormons are preparing to 'celebrate next month the 60th
anniveiMi-v oLthe arrival here of(the first Mormon missionaries.
....... 6 '
HONOLULU, Nov 24. It is
will contest 'iln election of Fern
show that illejial voiihu w. carried
4 The Shin A den
claims against her.
Still Fighting in Mexico.
EAGLE PASS, Texas, Nov. 25. The Government forces are
xapidly regaining the ground lost
drfys of the fighting. It is reported
ary leader has heen seriously wounded. All his property has been
confispated. by the government,
had fallen is an error. The garrison there is making a, gallant defense
against the attacking army of 2000 rebels
CUIDAD, Nov. 24, Gen. Madeiros has proclaimed himself presi
dent of the provisionaL government
by him this morning asks the populace not to molest Americans. He
is reported to' be in Chihnhtia ready to attack the government
EL' PASO, Nov. 24. President Diaz seeirs to have regained con
trol of "the situation in , Mexico. Medeiros lias proclaimed himself
president, but Mb cause is lost.
EL PASO, Nov. 23. Reports indicate that the revolutionary
movement is spreading all over Mexico. The re.volutinnists are now
massed in the vicinity of the American Smelting CiKnpany's works.
All citizens capable of hearing arms are being called upon. It is
reported that the revolutionists are enlisting the Yaqui Indians, under
their banner, ant) that large numbers are joining out of motives of
revenge against the government.
The United States has sent a troop, of Cavalry to Eagle Pass, to
prevent any outrages on this side of tlie border.
' Documents seized by the. Mexican government show that the
assassination of Diaz was intended.
Chinaman found Guilty,
HONOLULU, Nov. 23. Cheong Loy, the Chinaman who has
been on trial for assaulting a nine-year-old girl was found guilty
yesterday. He will be sentenced Friday, and as the case is a particu
larly revolting one, it, is possible he may be sentenced to life imprison
ment. Ching Chew Lee, tlie Chinaman on trial in the Federal Court
accused of smuggling opium, wai aqujtted.
Several members of, the new Legislature wilLopposa the appoint
ment'of an interpreter for the'nexl session, as they say such an official
is unnecessary. ( ,
SAN FRANCISCO, Nov. 24-The court nf appeals has denied the
petition of Abe Reuf for a,new trial. Tliis may mean that he bocins
his fourteen year sentence.
LONDON, Nov. 24. The, suffragettes carried on the most violent
rioting ever seen in the streets of London. The policy of the govern
ment of not prosecutingonly stirR them to greater violence.
LONDON, Nov. 23. Premier Asquith was attacked again today
by the suffragettes and was rescued by the police.
.PHILADELPHIA, Nov. 24. The world's aeroplane record for
altitude,, held by Ralph Johnstone, who was recently killed at
Denver, was broken today by Drexel. He soared to a height of 9970
TULA, Nov. 23. The. body of the late Count Tolstoi was buried
today afriis birthplace.
SAN FRANCISCO, Nov. 23. The. steamer Beaver collided with
the steamer Selja in a fog here yesterday.. The Selja sank .almost
LONDON, Nov. 23. Dr. Crippen was hanged here yesterday
morning at 9 o'clock. .
NEW YORK, ov. 22. -Postmaster General Hitc.hcook, reports
that after an investigation into
Brothers, he found that the firm
worth of oil stocks, most of which
firm has swindled, its customers out
i-rfv- of the three Brazilian battle
on .-Hike, while nm-l nf the oflii-crs
uioitars at. Fort Ruger will he fired
worn in the cotton hoi. It is un
now certain that the Republicans
7or mayor. Their investigations
lie' -old at auction to satisfy the
to the revolutionists in (he first few
here that Mudero, the revolution
The report that the City of Terreo H
of :Mexico. Proclamation issued
the bucket shop methods of Burr
had sold forty to fifty million dollars
wero valueless. Ho says that this
of over $100,000,000 in the past
New York Will Have by Far the Largest
Railway Terminal in the World.
At a cost of $180,000,000 the old
Grand Central the busiest travel
center in America in the hJart of
New York city, is being enlarged
and rebuilt on a tremendous scale
without impeding for a moment the
movement of the 700 trains that
curry 60,000 passengers in and out
of it every day. When this mVvel
of engineering skill is completed, IS
months from now, it will'be by far
the greatest railway passenger term?
inal in all the world. No other
railroad gateway in existence or
projected is half as large. These
millions of dollars are being spent
primarily for the safety, comfort
and convenience of travelers. The
new Grand Central will be the" east
ern terminus of the dozen noted lines
that, stretching north and east and
west for more than 13,000 miles,
form the New York Central system.
For more than fi;e years an army
of men has been at work night and
day with batteries of rock drills and
squadron of steam shovels widen
ing and deepening the acres of
yards in the old terminal. The
greater part of this work is now-
done. Nearly three fourths of the
wonderful two-storied system of
tracks, covering 70 acres below the
street level, are in operation. On the
Lexington avenue some of the side
group of massive terminal buildings
a splendidly equipped "tempor
ary" station, the general offices of
the railroad companies and the
branch posnfhco are occupied and
in active use. The old Grand Cen
tral station that has Imich familiar
to nearly two generation of travelers
is being demolished and now the
main building of the magnificent
terminal that is to occupy its site
has begun to shoot upward.
The new Grand Central will be
the center of the most extensive
combination of passenuer trans
portation lines in the world, for it
will connect not only with the sub
way, but tho McAdoo tube to New
Jersey, the! Belmont tube to Long
Island, other subways planned but
not yet constructed, and tlie elevated
and surface lines already in exist
ence. It will bo an island in the
center of a sea of traffic, but ono
that can be quickly reached 'by a
score of routes.
The new terminal will have, four
levels where the old' had hut one.
The gallery on the grade of Forty-
second street wUl be the top level.
The next will be fiie concourse
which is on the level of tho 42
tracks that will handle tho through
An Exhibit Today.
The. Alexander Settlemnt House
is having a concert and sale tonight
and those attending will be sure to
bo pleased with tlie music, and find
something useful -for the holidays.
In connection with the sale they
have arranged for a display of Art
Work consisting of hammered brass
and copper, reproductions of famous
paintings, hand tooled leather, and
other novelties. Tho Art Exhibit
will begin at 1:30 p. ni., and will
be. free to all. Miss Morrison will
be herefrom Honolulu to exhibit
the goods. In tho evening tho price
of admission will bo twentv.fiv
cent3. Everyono is guaranteed
pleasant and interesting time.
Judge Robinson ami Rev. Dr. Wey
mouth were guests Thanksgiving Day
Rev. ami Mrs. C. S. Buruham.
The Kel Cause of Such a Big Slump
In the Market.
"Honolulu's stock market is just
now the goat in San Francisco's ef
fort to secure tho Panama Canal
Exposition," staled a prominent
business man of Honolulu recently.
"San Francisco must have the
exposition or there wjll lie the
greatest financial panic there that
that city has ever known. At this
time big and little business enter
prises are hanging on by their eye
brows, and only the most wealthy
concerns would bo able to weather
the strain of disappointment in this
world's fair project. , ,
All kinds of stock are. beinir
sacrificed over there, regardless, of ,
value, for the purpose of keeping
ends together until the exposition is
assured-; and if the expjsition fails,
heaven help San Francisco!
The recent election of a Demo
cratic House of Itepresentatives has
been a fearful dash of cold water
upon the hopes of San Francisco.
It is figured that the Democrats in
Congress will be partial to Now Or
leans, and that San Francisco's
chances of getting the exposition
will be correspondingly lessened, if
not knocked out altogether.
"Ever since the election, holders .
of Hawaiian sugar stocks in San
Francisco have been throwing them
into the market on the "get-what-
you-can" plan. Sacrifice sales over
there have simply forced prices
down here. Olllv Vesterdnv n htnnb.
of Hawaiian Commercial stoclc? was
ordered from San Francisco hv
cable and sold here at a profit. Al
though Hawaiian Commercial has.
since gone lower, the stock can be
had in San Francisco for less nionev
than here. A block of Honokaa
stock was sold under similar ' cir-'
cumstances as the instance cited,
and that stock has been forced down
by tho coast panic or near panics
IhestockB are all right and
Honolulu is all right; but the local
market is unable to stand the strain
of a flood of stock being Uirown on
the market at San Francisoo at
ridiculously low prices.
"I don't know what the end will
lie. If San Francisco gets the ex- 0
position 1 suppose confidence will,
in a measure, .be restored: but if
tho coast city fails I am inclined to '
think that there'will be some chean-
er stocks than ever to be had on .the
Beet Sugar For
The prime minister of New Zea
land. Sir Joseph Ward, speaking
recently on the subject, of the beet
sugar bill, pointed out that the
government intended to establish
the beet sugar industry firmly in
the dominion, to act as a check on
tho sugar monojMily. The purpose
of the bill is to encourage tho pro
duction of sugar from beetroot and
sorghuingrown in New Zealand, in
addition to which it is proposed to
establish state sugar works, if neces
sary, for tho construction of which
tho minister of finance will have
authority to raiso a sum of A'500,000
upon being authorized by governor-in-oouncil.
Tho bill is introduced
with the object of enabling a bonus
for tho production of sugar from
beetroot or sorghum to lie paid, and
it is proposed that for tho first three
unn wi tt.sv nt..(n ,.l 1.1 .
uiiuhiu win; jk:u ar
ny per pound on tho sugar producedv''
at those works, and a halfpenny p
tiuuuu im wio production ioi' "