Newspaper Page Text
EVENING nULLETIN, HONOLULU, T II. SATUHDVY, 11111. 20, 1910.
M ' '
r,r . '
IN BUSINESS CIRCLES
This may lie imt down ns nn oxcen- All tho 'plantations promleo Rood
tlonal week In tho flnnnclal hlstoiy of crops, and thu sudden ndvanco In tho
Honolulu on account of tho remarkable price of sugar clinches tho belief, tlmt
exhibition presented In the last two the prices this )cnr will maintain the
dajs, of stock prices hesitating If not hlghtst rango of jcirs. On Wedncs-
actually dropping In the face of tho ilny raw sugar went to $4 30, whlla
highest nnd most reassuring price for beets were quoted at 13s 9id. That
sugar that has prevailed during tho gives n parltj of 4 94, very closo to
wholoBcnson. v Iflvo cents Another ndvnnco was ro-
An explanation of thls'mny bo found corded on Tlutrsdn) to 4 30 cents, and
In tho very general holiday to which on tho same dito refined sugar ndvanc-
tho Koplo of tho city devoted them- cd ten cents n hundred,
stives tho early part of the week.' This shows conclusively that tho
Seldom If over has there been such a "period of lows" during tho height of
holiday spirit prevalent throughout the tho grinding season In Cuba has nass
town on Washington's birthday. Even cd, and tho whole tendency of BUgar
the Christmas season was equaled In prices from now on till Juno nnd July
tho universality with which the pea- must bo upward or at least very
pie gave themselves up to the two
days and nights of celebration occu
pied by tho Floral parade and tho
events of tho Hlks carnival.
The hotels aro filled with tourists
nnd many residents of tho other Isl
ands arranged to como to town In
order to combine pleasure with tho
little business they might do
From a business standpoint tho cele
bration was Interesting as demonstrnt'
strong nt 4 40. No better guarantee
could bo given that the bulk of Ha
waii's sugars will go on tho market nt
prices very closo to $90 n ton.
Again the prophet of ftvo cent sugar
Is heard In the land, but while tho
nerago sugar man dares not dcclaro
that the price may not reach flvo cents
this season, ho hopes It will not, as tho
pendulum Is certain to swing In tho
other direction. With tho price hold
ing the financial ability of tho people ing to nn average of 4 25 or 4 30,11a-
to make n vorj creditable showln? In wall may ba reasonable certain of un-
the floral parade, nnd also tha wide- other good )car. '
spread prosperity that must rulo to ;
enable such n largo number of persons Stocks havo not been active, they
to Injulgo In tho attractions of tho hao been ridiculously Inactive. Somo
carnival, claim buyers hnvo not hud n thancu
inoro is no uouut mat properly nan- to get started. Moiidav is nlwajs a
died tho Parade and an accompanying had da. Tuesday was a holiday and
carnlvnl can ho developed into a moro Wednesday might as well have bean
elaborate amusement feature that will for all the business, people wanted to
bo of decided flnnnclal value ,to tho do. Thursday presented no particular
merchants or tho city, besides being activity, and although largo blocks of
a good thing to get the people of nil V.wa. and Oahu sold at 34. and 30 B0,
classes together and mnko them feel
that all have a community of Interests
In all that goes on.
respective!), a Bale of I'ala was niado
at fifty cents a sluro lower than it has
sold before this season. Not a share
was Bold on the board Friday. Pioneer
Following (lie ce'chratlon annual Is Btrong and advancing. Honokna is
meetings of tho sugar plantation com- In demand nt 23. nnd will probably go
panics have kept Iho stockholders, nnd higher. Walaluu has dropped back, on
managers nnd gents Interested and Ihursdny, to 125 50 bid but not a Bhiro
busy, Cvcry sugar corporation has of tho stock has sold below 127 50, and
something pleasant to report this jear. ns tho plantation will pay not less than
Oahu was ono of the first plantations ten per cent, this year there Is no
to hold Its annual meeting. Tho re- r.ison to expect any to be offered at
poit shows that tho plantation has tho price bid.
mndo good progress desplto tho fact Olaa bold at 6 875 on tho board
that It was'onc of tho chief points of Thursda and 200 shares at tho name
attack during tho labor troubles of
Kuhukii held Its annual meeting on
Wednesday and reported a very sat
isfactory condition. It Is rumored that
tho capital stock of this plantation may
bo Increased during the comUg year.
flguro between boards. McDryda Is
ruling at about 7 375. These los3 ex
pensive stocks will como in for ono
of tho spurts when tho market finally
rovlves from its lethargy.
Ono of tho results of high priced
stockn In ftnlrl to tin mnrn mmmv tmtnir
Walmca nnd Kckahn plantation com- out of. the Territory for Investment
panics held annual meetings on Thurs- abroad. Thcro Is no law to stop this
day. The Kauai plantations have done, except tho application of a littla com
well tho past jear. Special progress mon sense. Tho propositions Hawaii
has been- made at Kekaha through offers are first-class.' Many of tho
tho water development and bringing deals for which money has been tent
moro fields under cultivation by Irrl- 'abroad will bo liberal In Irish dlvl5
gatlon. Walmca-reports most satlsfac- dends, and tho people will hao tho ex
tory labor conditions ob a result of pcrlence to their credit.
Its system of handling nearly If not
all Its cano through a contract with" Directors of the Inter-Island Steam
a Japanese planting compnn. t Navigation Company have icc-ommend-
ed to tho stockholders that the) Invest
Olaa's stockholders also met on lu another steamer of tho Mnuna Ken
Thursday nftcrnoon. This plantation's t)po. This proves that tho Mauna
condition Is cpltumlzed In tho remark Kea was a good Investment nnd tho
at the clorfo of Maniger Watts re
port that tho "outlook for tho planta
tion Is moro promising than It liaB
been for many years." This from
such a conservative man as John Watt
means moro than an outburst of en'
thusl&sm from the nvirngo enthusiast.
lutiKof $1,75 per ncro nnd nn annual
lentnl of 57 cents per ncro. Tho other
expenses nre nbout ns follows per
ncrc: Clearing Jungle, $8; surveying
57 cents; lining, holing nnd planting
$3 50; 150 plants, $1; roads ah J drains,
$3 50; weeding, $5 to $9; other ex
penses, $8 to $15; total, from $29 57
to $40 57. Tho labor is largely Chi
neec or Tamil.
Experience In planting proves that
Para I libber plants are thu best, nnd
man) estates that have been cxpcrl
meriting with other species, such as
Cnstlllot nnd I) era, are now removing
these plants nnd subitltntiug thu l'ara
which produces better lubber and Is
morq easily cultivate 1. Tho seeds
three or four In u fruit, gcrniltnle lu
three to four du)B alter planting. Tho
seedlings nro usuall) transplanted Into
a transplant bed, and ufter several
weeks lire ret out fiom 15 to 17 feet
npart. Thu closer the plants the soon
er they give large lelds, but If plant
ed nt (o let 17 fiet apirt the) lcld on
nn average more Inlet.
Hcictoforo clean weeding hns cans
ed an annual uutln) of nbout $10 per
acre, but experience has shown that
underplantlng with somo legumlnou
plant does nun) with tho necessity of
clean weeding nnd keeps the ground
in better condition as to fcrtlllt) and
cioilon, and tho Initial outlu) is only
$4 to $5 per -acre.
PiuntersMiie now tapping threojear
trees, which mn) prove a mistake', ns
five) ear trees can beet stnnd tho first
tnpplng. Tho herrlngbonu tup nnd the
open V are tho must successful tapping
s) stems med. The best B)stem Is to
tap cvet) day for tluee ur four mouths,
then icit the tree fur two months.
Trees jlcld from two to four pounds
u jear from ordinary plants four to
eight jcais old. As high ns 28 pounds
of dry rubber has buen secured from
older and extraordinary specimens of
the Para tree, lit Urazll. As the present
market price is $2 30 per pound, ono
trco of this character "would jlcld n
rubber value of $04 40 each jcaC-but
the present nvcrago valuo of trees on
tho Mala) an Peninsula Is not over $1,
with a cost of production per each
tieo of 01)0111,50 rents. As 150 trosn
nro limited to the ncro, thla would
give a pro tit per acre of uhout $525.
Tho fiituio of rubber planting seems
assured for (he next flvu to eight )ohr
Thu real danger during this period will
bo n rubber substitute, Insect post, or
disease. After this period ovurproduc
tlou may play nn Important role In the
rubber industry. The amount export
ed from tho Pentnsu'a during the first
ten months of 1909 was 4 831,823
pounds, an Inrrcnbd over the same
porlod lu 19US of 2 383,771 pounds, or
nearly 100 per cent.
The Bleat International lluhbcr Con
ference, to be- held at Mauaos, tho seat
of Urazlliau rubber export, is attract'
Ing considerable attention hare, and
the probabilities are that hlghl) quail
fled dot-gates from tho Malayan Pcnln
tula will bo sent to tho conference, for
tho purposo of noting tho proccoJIugs
and linking detailed reports upon the
result of the meeting, which may
prove of great valuo to tho rubber III'
dustry of this part of the world.
pussengcr business between tho Islands
is worm wiiiio taking enro or. wo aro
getting moru visitors and our own peo
ple demand better accommodations.
Slnco Hawaii has possibilities in the
lino of rubber industry the following
Olaa will harvest twisty thousand tons from u consular report on tlio Industry
of sugar this Bcason, and tho margin In general and what is golug on In tho
of profit will bo larger than over bu- Mala) peninsula .should bo read with
jure on account ui culling uuwn tuu itiiuiusi;
expense as well as because of tho high- To show what abnormal conditions
cr prlco of sugar. prevail In tho rubber market, It may
Trcasuror A. W T. Bottomloy mado bo mentioned that not onl) tho flota
the following statement regarding the tlon of new companies Is frequent, but
now bond Issue that Is not deilt with tho stocks of old companies havd risen
For eating, drinking and cooking
Pure, Delicious, Nutritious .
" u ,v
IttjMcrvil t . S. TaUut OITet
k Urcakfast Cocoa, 1-2 lb, tin?
linker's Chocolate (unsweet
ened), l-'J 11). cakes
German Svv cot Chocolate,
1-1 lb. cakes
For Stle by Letdinr Grocers In Honolulu
Walter Baker & Co. Ltd.
D0RCHE5TER, MASS, U. S. A.
50 HIGHEST AWARDS IN
EUROPE AND AMERICA
REAL ESTATE TRANSACTIONS.
Entered for Record February 24, 1910,
From 10:30 a. m. to 1:30 p. m,
A S Wllcon to J no A Palmer ...Itol
Frank E Clark to Idling I. Jones.. Itcl
W T Wilson to Ellas I, Jones 1)
Knpaa Auto Co to von Hanim-
Young Co Mil C M
William It Castle ii'id wife to Hiuh
M Tucker D
Hugh M Tucker mid wife to Hank of
Hawaii Md M
Mark ODonncll b) High Shcrlft to
Elmer 1 Sclivvnrrberg Sheriff Deed
J P Ilodrlgujs Tr to The cui q Wil
cox .y r. .t .Itol
Therein O Delllvean and hsb to 1 P
Rodrlgues, Tf -. I)
Entered for Record February 25, 1910,
From 8:30y. rn- to 10:30 a.tvii.
S C Stlbbard &ud vvlfu to William
WntBon ...1 1)
William Watsdb and wife to Henry
viWiUeihuee'Tint Co Ltd,, M
Meta Cortland hsb tint? W liar-
Hawaiian Trust Co Ltd to J It
Dagfl&UY. .! n.t I)
HnwallaiTTruBt Co Udlo J II
Daggett ct at '.,.-,....!)
COR the stomach's sake an
occasional glass of beer
is very good. It is a well
established fact that
contains corrective and tonic
qualities which make it invalu
able to the run-down system.
Apart from its medicinal pro
perties PRIMO is an ideal
beverage, well suited to the
requisitions of this climate.
In tho annual report:
'Or tho bond Hsuo of 12 500 000, )1,
250,000 was used to refund tho out
standing former Issue of tlmtnnount.
"Tho remaining $1,250,000 woro dls-
at an nstonlrhlng rate, the market
valuo being ennrmousl) above tho par
valuo of the Block. For example, ono
company capitalized at $500,000, ac
cording to tho proscnt stuck sales, Is
pored of and tho proceeds applied In worth $1,415,000. Another conipan)
reduction of tlita open aceount duo tho with a cupltul stock of $4,000,000 Is
agents'. Dlsliopx& Co. multiplied by tho market sales to $1C,
"Thcro lmu been shipped to date 000,000, while still another, capitalized
on tho 1910 crop, 3,900 tons of sugar, at $750 000, Is, nccordlug to present
"After crediting the proceeds of sales, valued at $0,000,000. In no In
fills sugar nnd of tho bond Issue, as stance me the rubber trees upon tho
above noted, to (ho agent's uccount, plantations of thesu companies equal
the balanco duo tho agents as of Feb- to tho stock values on Iho market, and
ltiary 24 was $011,000. )et good, dividends will bo paid this
"Of this amount, $180,000 was for jear by ull tho companies leferrcd to.
advances made by tho plantation to Rut few enterprises havo brought
outside planters, nil of which would forth larger returns than some of flic
como back to tho plantation from crops rubbei pi intatlonu of the ,Mala) Pcnln
as they were ground eula. The enormous deinnnd, owing to
"Deducting the amount of these nd- Iho Increased uses of rubber, lina push
vanccs, viz:'$lSO,000, from tho amount ed the price up to $2 30 per pound, nnd
of tho debt duo tho agents, $011,000, tho ruhbeieiop In somo Inatdticoj has
would leavo a net floating debt on been contracted for at $1.75 for $1910,
plantation uccount alone, as of I'ebru- Bhowlng that some bu)crs feel confl
ury 24 of only $1-11,000." dent that prices will not fall below
! that point during this ) oar. This con
On Friday Walalua's stockholders dltlon has brought n very largo amount
HOME CU8EF0R ECZEMA
It really scorns strange that so man)
ppoplo suffer )ear In and )oar out with
fczomn, when It is now no longer n
secret that oil of wlntcrgrecu mixed
with thymol, gl)ccrlno, etc, makes a
wash that is bound to euro.
Old, obstlnnto cases It Is true, can
not bo cured in a few days, but thero
Ib absolutely no sufferer from eczema
who ever used this simple warh ami
did not find Immediately that wonder
fully soothing, calm, cool sensitlon
that comes when tho Itch is taken
nwny. Instantly upon applying n feu
drops or the wash the, remedy takes j
vucci, ino lieu is una) eu. ineru is
no need of experiment tho patient
knows at'once. '
Instead of trjlng to compound tho
oil of wlntergrccn, tlomol, gl)cerlno,
etc., In tho right proportions ourxclvcs
we are using a prescription which Is
universally found tho most effective.
II Is known us tho D. D. I). Prcscrln
tlon. Out lung experience with this
remedy has given us Krcnt confidence.
In Its merits. Honolulu Drug Co , Port
Kansas, which will bo fortj-nlno
)cars old this week, really looks
)ounger than whon it woro n full
beard. Kansas City Stur,
.When Baby was sick, wo gave her
, .,,) uastona.
When she was a Child, she cried for
When she became Miss, she clung to
Wticn Bhe had Children, sho gave them
(Lit J 'I1 '
listened to n very favorable toport on
thut property. WulaluVs balance sheet
(hows good proflts'and thcro Is no
doubt that the properly will pay ten
percent or moro during tho coming
yenr. This plantation's water develop
incut has been Its BalVutlon.
of capital Into the Island of tJIngaporo
mid llio l'ederattd Mnlu) States, wheio
It is claimed that tho most ldcil condi
tions for tho in tlficlal production of
rubber exists. Tho must valunblo
species of rubber, tho Huvea brazil
Icnsls (I'aia lubber) finds a sull uud
temperuturo In tho Mnla) Peninsula to
which It seems especially adapted.
This tcrrltor) lies between ono and
Stop That Cold
will do it.
Cor. Fort and King SU.
The. Beer That's J3rewed
To cSuit The Climole
IG GUNS ARRIVE ' i Wellington. Thcro nro now on hand tho 100-ton derrick Hercules
FOR BATTLESHIP five of tho 10 big guns of that slzo.nav) yard have to go along.
.that tho Florida will carry
NEW YORK Another 12 Inch gun Thcso guns nro 45 fiet long nnd
of tho now battleship I'loridn, duo toj weigh fil'O tons. An ordinary tugboat
To rcnllzo how tcrlnus tho
tlon lias become, Just note
bu launched this spring, lias arrived cannot bear up under tho weight of.llttt) Green also declines to
nt thu Uronklyn n ivy )nrd from Orcen-lone, and so In transportation over. meat because she cant get
vllle, N J. where It was landed from fiom Orcein lllo thrco tugs earning mono's worth. Indianapolis
Kwa BtocklioMers meet today and
tholr annual assembly Is no less gra
tifying thnn usual Although Kvvn was 10 degrees north latitude, the tempera'
supposed to have i cached Its limit turo ranges between 75" nnd 92. nnd
Boma )enis ago, Jlnntigei Henlou re- the uiliifull Is sulllelently houvy to
lrts however that tho 1911 ciop will meet tho requirements o this Bpecles
bo taken fiom tho largest acreage over f rubber.
harvested on lhli phenoincinl prop Government- land nt present cin bo
ifrty7w'"'w'V" ncqulieil onl) by lenso, jiajlng a nrcin-
DURING business hours a retir
ing room has been provided
for the use of ladies, where
they are cordially invited to make
use of the facilities provided, such
as desks, writimr 'material, tele
phone, etc. This department will be
readily appreciated by ladies visit
inir the city on business or pleasure.
Here they may rest, or meet their
acquaintances and transact business
of various kinds. We endeavor in
every way to assist them in their
Bishop Trust Co.,
The Tide of Papulation Is
"There is a tide in the affairs of
Which, taken at the flood, leads on
to fortune: '
On such a fall tea are we now
Honolulu homebuildcrs are leav
ing the damp and somber valleys
and' are seeking the salubrious sun
kissed plateau of Kaimuki,
HEBE are two Kaimuki distrHs the Old and 'the New separated by the
Kaimuki ridi;e, which runs between the Waimanalo mountains and Diamond
Old Kaimuki slopes towards Honolulu and the
New Kaimuki towards Koko Head and faces
the rising sun
The Kaimuki Land Company owns practically the whole of Nsw Kaimuki, where is
located the New Ocean View District, the best residential district in the Islands, and
the site for Greater Honolulu. The Company has under construction several miles of
macadamized streets, and offers corner lots for $500 00 and inside lots for $100 00 upon
'the easy terms of $5000 cash and balance in monthly instalment?.
An Ideal Place to live, surrounded by Mountain Scenery and Ocean View, direct in the
sweep of the Trade Winds, and no afternoon glare from the sea.
Kaimuki Land Compare, Ltd.
CORNER KING AND FORT STREETS
, & - y