Newspaper Page Text
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EVENING BULLETIN, HONOLULU, T. H, OATUnDAY, JULY 15, 1911.
Hawaiian Trust Co.,
IN BUSINESS CIRCLES
iHHaHiiKnlKLHBH t EHflHIKHIHFB sR!nNSjfcHrv73kBMBSiisJBL fvw'vnfcii p itivrwln mDiSVit ?"uBi ,iFVir vmf '3uj.. jliTrWMBWJDH. !9ftiBftjE4kjt I ? ajq. VI ffvv2itflWS 1 umr j. "t
rV fr..,T. 77r; vyv". r vr- -'w'!ffr .--. v, - - -. --..,
Statement of Resources &
On liainl v.16.04C 0&
III bank r.1,012 21
In bank tin IrtiBtce 20,515.7.1
In Imnk (re es
III ngcnls' bunds.. 23,42817, v ;
llond 49,003 25
Htnck In other corporations. 32,295 00
Itetl Clinic 42,040 BO
Olllce furniture and fixtures. 4,912 04
loans, demand nnd time... 152,501 CO
Accntiut line iih tit,lutcicst.. ll.tjri A7
clcncrnl accounts iluu us.... 3,687.70
Assets other than those spc-
cllll'il nbovo ,,..!J. .1,71705
Territory or I Inn all, )
) hi. Si
tiliinil of Onlin )
1 LoiiIh .Minimi, Hccrctnr) of llnvvallicii Trust Company, l.lmlteit, do sol
einiilj swear tlmt the uhoo statement In true to tlio best of my knowlcdgo
iiliil lielkf. LOUIS AllltAMH,
(subscribed n ml sworn to before nio thin "III day of July, A. I) 1911.
Notnry Tublle, I'lrst Jullelal Circuit, Territory of Hawaii.
THE BANK OF HAWAII, LTD.;
OF HONOLULU, HAWAII,
AT THE CLOSE OF BUSINESS, JUNE 30, 1911.
I,ian, discounts and over
draft (3,128,015 9C
Hani. premises and llxturoa- 108,550 00
Ileal cstuto 7,016.8.1
Customers' liabilities under
' litterH of credit 114,078 66
'('uxli and duo from hanks.. 1,311,594 47
Oilier uscts 2,366.40!
I P. n DAMON, Cashier, do solemnly uwcar that the above Is true to the
beat of my knowledge and liellef,
"" ' 1. n. DAMON. Cushlcr.
K.xlunnifd iftiir found correct!''' "
J. A. McCANDI.KSS )
II. A. COOKI3 ) pircclorn , ji. WALKEP.. Auditor.
J. II ATlinnTON ) -
BuliKcrllicd and sworn to beforo me this 1st day of July, 1911.
J. D. MARQUES, 4
4977 July 15, 18, 22, 25, 29 Notnry lubllc. First Judicial Circuit, T. 11.
The Yokohama Specie Bank,
Statement of Condition, June 30, 1911
Liuiim, discounts and over
furniture and llxturcs 15,382 81
Duo from bunks and bankers 38,671 16
rash on band 41,533.66
All other resources 131,67.' 31
I I'll Aknl, Manager of Tho Yokohama Specie Dank. Ltd . do solemnly
swear I hat tho above statement Is truoto tho bcs( of my knnvvledgo and Iwllof.
Subscribed and svvoru to before mo this 8th day o( June, 1811. '
J. M. CAMARA,
' Notnry Public, 1st Judicial Circuit, T. II.
3t July 13, 15, 17
Henry Waterhouse Trust Co.,
Statement of Condition, June 30, 1911
Cash on hand and In bank, .8 88,708 67
Itral estnto 29,074 18
Stocks and other investments 47,305 23
Mortgages sccuicd by real
estate 56,493 50
Loans, demand and tlmo . .'.. 345,075 68
1'iirnltuio and llxtuics 4,00000
Accrued Intercut recelvublo, 3,027 65
Territory of Han nil
City anil County of Honolulu)
I, A N. Campbell, Treasurer of tho Henry Waterhouse Trust Co", Ltd ,
do solemnly swear that the ubovo statement Is true to tho best of my
knowledge mill belief,
.. N. CAMPI1KLL
Subscribed ami sworn to before inu tilth, 1st day of July, A. D. 1911.
Noiiry Public, Plrst JiidlcInl'.CIroult.
49(,!l July 3, 6, 22; Aug IB; Sept, 10.
Liabilities, June 30, 1911
CoiltnJtfnlly pild up
Trimt and ngcnc) iiecounts.
Capital paid up I 600,000 00
tjiirptux and prollts 563,174 25
Pension fund 35.22962
Letters of credit outntand-
lnK , 143.98443
Dividends uncalled for .... 1,352 00
Due to banks and bunkers,.
All other liabilities
50 pi Id In .... , 8100,000 00
v Shareholders' lia
bility 100,000 00 ,
Undivided prolltH 9.1,586 4
Trust and agency accounts,, 394,012,26
Other liabilities 853 71
. 113,525 67
. Never bos the depressing power of
migar tariff ngltntlon been mora Im
prctRlvo than during the Inst week,
,,On top of tho splendid condition of
nil, the sugar properties throughout
tho Islnnds hafl enmo nn ndvnnco In"!
sugar Unit surprised oven tho most
optimistic. Ilccts Advanced and centri
fugals followed to 4 23, whc.ro tho
prlco lias held nptmrcntly very firm.
This of course assures many extra
dividends that hnvo been reckoned us
on, tho ,11st of possibilities.
, jtit la spite of all this favoring con
dition tho sugar stock market tins not
experienced even n passing Hurry.
Stocks have remained Ana and ad
vancing to bo sure but there Is a gen
ornl lack of aggressive buying,
..This can be accounted for In no
other wny thnn by the fear of tariff
revision, threats of which nro being
made nlmost dally by somo member
of.tho Insurgent wing of tho Kepub
Just what tho status of sugar tariff
revision Is likely to bo may bo fore
cast with somo degrco of certainty
since Congress on Friday nnmed the
date pn which tho extra session will
adjouriu This (Into being set for Au
gust 7, It is apparent that no tariff
legislation will bo passed, unless It be
tho wool schedule. This means that
the extended and actual tariff tight
vylll be made next winter during the
regular session, when tho represent
atives of the two great parties will
establish- tho records on which they
Intqnd to go into the National cam
At present writing tho probability of
any radical change In the sugar
schedule Is very qlight
Marked chango In tho sugar quota'
tlons for the week baa given rlso to
iv general query as to iho cause. A
cablegram received by a local sugar
ngency says that tho prospects for
tho now crop beets are unfavorable
for the, tlmo being. It Is also qulto
possible that tho situation lias been
Influenced by Insldo and ndvnnco In
formation on whnt Congress was
likely to do in sugar legislation.
Tho latest information oa, Uio sit
uation through mnlnlnnd sugar cir
culars Is contained In a Czarnlkow
Rlondnclrcular dated Juno,. 23, , Hint
reportsn conditions ni follows;
Uurlng tho .early part, of tho week
continued Indjffcronco on the part of
refiners, scorned to Indlcalo Unit buy
ing operations on.tany largo sc.ilq
were tp bo deferred forsomo tlmo
longer, but the tonaclty shown by a
majority of sellers Lin (holding Cubas
for 2.62c c. f, basis ,96 dog, and Porto
nicos for tho equivalent prlco nf 3 98o
c. . f,, basis, 90 deg, was finally re
warded. Gradually pardoning nrlccSIiavng
failed to bring out largo quantities,
our principal buyers enmo Inlo the
market jesterdny and took all tho
sugars that had been put boforo' them
at tho nbovo prices. This lead was
followed by other refiners. The final
result was transactions aggregating
about 100,00(1 tons, and csYabrKihlng an
advance of ,06c on tho closing sales
of lastiwcck.i Tho business done was
mainly, confined to Cubns and Porto
Rlcos for delivery nt the Atlantic
ports, but In somo cases contracts
Varrlcil tho Now Orloans, option,
, Buyers nro rostlng after their Inrge
operations nnd n fow tardy sollers
bao fulled to plnco their offerings,
but as yestordny'R clenranco has re
moved all chanco of Belling pressure
on, this side, thero is every prospect 1
m,i marketB Here will uow rtle at
Steady to somelint higher prices.
pffcrg of Philippine Islands sugar,
afloat, on the basis of 3 2'ic o. I. f,
basis 88 deg, nnd of Jnvas for July
clenranco nt 10s 9d c. f basis 96 deg,
are still Iguorcd by rcflnors, but
woollier or not tills policy will result
)n4 theso sugars being eventually ob
tainable ut lower prices remains to bo
Tho tplnntlngs In Culm hnvo been
Ittrgo. and .unless presont, very favor
able weather conditions In .tho Islund
shpuld undergo gomi) change, n bump
er, crop Is confidently oxpected for
the next campaign. (1
The following comparison 0f' prg'.
sent stocks of raws with thoso at
same dato In tho two preceding years
may bo of, Merest,
il 1911, 191,0.
U.,8 4 Atlantic ports. 249,750 397,080
Cu,ba 6 prlne'l ports. 232,867 281,000
, Kuropean beet markets hnvo re
pained steady, Owing to the boll
days attending tho coronutloh ccrq
ni.qnles In Lomlon, there Imvo boon
pp(1cablcd quotations yesterday or to
day. Wednesday's closing f. o. b
lirlcos wero: Juno. 10 9d; July,
J0 Oil; August. 10s 1d; noxt crop-Pfjober-Deccmbcr,
9s lldj Janunry
Marcb, 10s Id, which show very Blight
changes from Inst week's closing, viz.:
Advance's nf iu,i i,. a.i '1
'- n irreuit
rrop, a decllno mid an adviinto off
7, icspocuvoiy, on how crop dollv
Oil .IlllV 1, Kiev InvcsllL'-ilIrm r it
Torrltorv's vvnler reiourees received n
now leaso of life tbrougli tho sum of
$1Q,000 becoming avnllablc fur tills
work. Tho Territorial government
standi) good for two-thirds of that
Much valuable work has been done
nnd rtfcrenci linla collected by W. P.
Mnrtln, the, district engineer of Iho
united States tlofiloglcnl Stuvcv din
ing tho fiscal cir, but through falluio
of funds further progress enmu to
standstill, and all that hud b;cu ac
complished would bo of little v.iluo
unless perfected by further rcscncli
Two experienced englncets hnvo
been added to tliu forco under Engi
neer Martin, (loth men cmnc well
recommended nnd qualHUd. Oiiq c.f
the assistants will bo located on K.m
ni nnd tho other on Mnul mi 1 Incl
dently tnko In Molol.nl, Charles II,
Pierce, assistant engineer, has bun
located for some time on Hawaii
Tho taking chnrgo of lh dlffeiv'it
units In tho watci, source Investiga
tion by dlftcicnt qxiierts n' tho s.imo
tlmo will greatly facilitate and has
ten tho results looked fur
Tho Itcnl slrckhold-rs In the rub
ber plantations of Ttinjoug olok tin I
Paining are elated over tho litest re
ports from tho tappings that lino
been In progress for some lltllo tlmo.
These plantations nro but n III tin over
four enrs old nnd tho piospects. ac
cording to thoso who nro versed In
rubber culture, arc cccitlounllv
According to tho rubber market re
port from Now York, that commodity
Is In nn apathetic stale nt present.
Tho best grades tbnt cnibinec n qual
ity known ns tho "up rlvci fine" be
ing quoted nt 99 cents lo $102 wllh
demnnd practically nil. The big minit
fneturers of rubber goods express Iho
opinion that It has reached tho lowest
levol and will probably ndvnnco In
the nenr future Tiro (linkers stuto
Hint with tho nppronch of warmer
weather nn Increase demand for tires
mntorinll7ca but the) nie not loiiig
In any cxtja fiuppl.
Plans for Cunning.
Preparations at the rininciles for
handling tho banner crop of plno
nplcs iiiro being rushed to tho limit.
In tho Julco-bottllnglciurtmont cspo
clal effort Is being made, by tho addi
tion of new machinery, lo plnco Hint
part of lliQ.lndustrxh" footing Mint
can forestall uny "Jamb" onjiccount
of rush orders. Mint was tho cnao ncv
crnl tUnes Inst jear On Tuesday of
this week 2S,(in0 bottles of Juice wan
n fairly good record, but It la expect
ed Mutt such a record will bo a dally
occurrence during thu coming season.
The American Can Company Is also
getting into its stride In tho wny of
furnishing containers for tho season's
pack. Wnlilaua u III, commence send
ing in pines next week.
Thero was homo talk of closing
down Uwn mill for n few weeks for
tho purpose of employing ull bunds
In cunu planting. 7hcio would bo no
loss from such an arrangement, ai tho
cano which Is now ripening can very
well Rtand In tho field for 11 tlmo with
out harm, and, In fact, bo In better
condition to go to tho mill, Tho sen
son's run so faf has exceeded all ex
pectations nnd will overtop any pre
Coltmi Pent Flghl.
Strenuous efforts will bo inadn at
onco by the Hawaiian Cottqn Grow
ers' Association to gather In $1500 as
' BtUbllihtd 1780
ri , IT&. .Co.'S,; t.
FOr eatlns, drinking and cooking
Pun, Dclklou, NutrlMoiu
UifUUlod U. H. I'alcut Coke.
Breakfast Cocoa, 1-2 lb. tins
Baker's Chocolate (unsweet
ened), 1-12 lb. cakes
German's Sweet Chocolate,
M lb. cakes " '
For SaU by Uadlnt Grocfn In Honolulu
Walter Baker& Co. Ltd.
DORCHESTER. MASS., U. S. A.
S3 HIGHEST AWARDS IN
EUROPE AND AMERICA
ll J k
' i- JL. Jt! 4l oHi
r jImMMH wtLiBEiJ
.. .-. - "1Trmv
""-7 j7T7 .riFTr 1
zL, '- tJui taici
All of Hepp't P.orch and Cottug
Now is tho time to buy summer goods, and just now our tines are
Good, substantial, well-mads goods, priced decidedly reasonable nni
In sets and odd pieces, mado of
hardwood, frames extra heavy,
with continuous slat seat and
back dowel and screw conduc
tion, finished in leaf green.
Six-foot Swings with Chains,
Four-foot Settee to "match, $16.
Arm Chair to match, 18.50.
Arm Rocker to match 9.
Other style Chairs and Rockers
in wood and matting upholstered
seats, $5 SO to $3 50 each.
SEE WINDOW DISPLAY
Chairs, $6 50 to $10.
Rockers, $7 to $11.
Tables, $10 to $12.
n balance to an equal amount pledged
by J. 1'. Cooke, making tho amount
$3000, which is considered sulllclcnt
to start an entomologist on a trip
through India In scarcli for 11 p.ira
sitp for tho boll worm, which Is
threatening tho cotton crop of Ha
waii. A commlttco of three has been
appointed to secure subscriptions. It
Is reported that one of tho first busi
ness men approached put his namo
down for $100, and It Is thought that
thero will bo little delay in collecting
tho full amount.
Tho coming cotton crop promises
well, und Is considered too valuable,
by thoso Interested financially 01 oth
erwise, to suffer any setback from a
pest while thero Is u possibility of tho
Tho nnnoxutlon of the Ijioko prop
erty on Kort stroet by the O. Mt Cooko
estate, tho negotiations (or vhloh nro
completed, or nearly so, will greatly
extend tho territory belonging to Mint
estate 1u tbnt vicinity, it Is stated
that $20,000 was the consideration fig
ure, and constitutes one of tho recent
real estate deals. ,
Another transaction, calling for
$13,000, was tho sale of property on
tho corner of Derctanlu avenue nnd
Punahou street, the purchaser bolug
A. J. Campbell, the former owner be
ing Mrs. Merger. This pleco of prop
erty Is one of tho many beauty spots
of Honolulu. A number of lessor sales
completo n fairly good week for tho
exchungo of real estate
Shore lots to the east of niaek
I'olnt have, been so rapidly taken up,
cleared and houses built to servo ns
summer residences that It Is now pro
posed to open up an additional Jargo
tract that fronts tho sen near Kokn
Head and comprises several hundred
acres, which will be cut up Into "sum
mer lots." It Is expected that thero
will bo a rush for these lots when
tliey uro put on tho market,
lliillillng All Out Town.
Untitling operations ull over tho
city uro keeping up tho paco. In tho
Knlmukl district a city, la springing
iilT-not n city pf shucks, but of beau
tiful bungalows with stono founda
tions and trimmings.
The l'antbenn block, qii thp corner
of Fort and Hotel streets. Is so far
along that bids are being insdo for
stores and office space This Is a now
departmo In tho lino of touting, nnd
It Is stated that thero Imvo been somo
astonishingly high offers mado for tho
lieu Mores In this building,
Tlio o,l v T. Schmidt hoiiso. ou
reiisiicolu meet, Is to ho i.ired, nnd
a beautiful 10,000 icsldeuco will be
.TTTij .TTrTT Tr- -f-
Purnttura It as comfortable nnd d
In natural and green finish.
Arm Chairs, $3 50 to $5.50.
Arm Rockers, $3.50 to $t.
' Chairs, without arms, $2.50 to
Rockers, without arms, $2.75 to
Folding Canvas Chair, with
arms and foot rest, $3 50.
Steamer Chairs, open catie seat
and back, $4. f
Four-foot folding Settees, $1.73
Lawn Settees, metal tegs, and
heavy slat seat nnd back, all slats
bolted on 4 ft., $8; 6 ft., $10.
Dentwood Lawn Settees, extra
heavy and well finished In green
-4 ft, $81 6 ft., $10.
erected in Its htcad, If tho contem
plated plans of Walter Macfarl.ino arc
It Is more than probable that the
old flsbtnnrket silo will bo chosen as
tho location for tho territorial iinml
gi niton station or the territorial mar
ket. Thero is no pthcr site available,
and, according to tho encroachment
to the Channel wharf by tho extension
of tho federal property lines n,t Fort
Armstrong, somo other plnco must bo
speedily found for tho bousing of im
migrants. In easo tho Channel uluvrf
is Included In the lines of Hie (exten
sion, tho Territory will bo lclinbiirsed
to tlio extent of thu cost of building
a new station.
Fire-llgbtlng uparutus of the motor
driven variety will soon Im in com
mission, according to Chief Thurston,
who, with $12,000 available, has been
making direful study of thejniuiy dlf
ferept makes of chemical engines, and
Is detormnlcd to hnvo tho best to bo
found in the market. In conncctlou
with tho installing of motor-driven
flm-flghtlng aparntus, it Is thought
that Insuriinco rates will drop consld
orably. Statistics gathered by thoso
inioresieu snow tnut seventy-mo per
cent of tho premiums paid In is profit,
the losses being but twent-llvo por
Kx-Oovcrnor Carter reiterates bis
statement that liisuriinro rates urn too
high, and so much money Is being
sent out of the Territory In Insurant o
premiums that a local Insurance com
pauy should be organlxod.
W. V. Harris, who Is Interested In
tho sehemo of tho Government guar
anteeing the Interest of ml I road
bonds, returned from tho Const re
cently Mr Harris did not go to
Washington ns at first plnnned, ,ns
ho learned from the Delegate's secre
tary that no Hawaiian legislation
would bo put through during the
extrn session of Congress
Information comes horn Washing
ton, through tho Ilu He tin's corre
spondent that nil tho bills having to
do with Hawaii's affairs hnvo gquo
Into committee an.') will stity there:
till tho regular session of Congress.
This means that general legislation
will aw nit n regular session.
Alfred O Cooper has sold his seat
on tho Honolulu stock and, llond J
change to Bi, l)ulsen,hcrg., The prbp
named Is $10,000, the highest' tlguie
thus far leached for a stock exchange
Scat. Mr. Cooper will, ulvo nil I.U
limp to ii. I'hlllpplup ,intT!U. euleiprUe,
In which ho has Interested a iiiuiibor
or local capitalists.
- - -
er.lble t It looks.
at their bert.
within tho reach of every lover of
Crox Grass' Rugs are tho only
perfect porch coverings and cot;
tage ruga. .They come In plain
nnd d'jured, in brown, green or
blue. They are the best, lowest
priced, longest wearing rug ever
offered 1 prices, in plain colors!
9x12, $9; 8x10, $8) 6x9, $5
3or72, '(1.50; 30x60, $1.25) 2tx48,
?5r.t 13x33, EOc.
Vudor Porch Shades keep the
porch cool and comfortable, will
stand all kinds of weather, and
last longer and look better than
any other stylo. They come in
the following sites and prices!
4 ft., $3 50 6 ft, $4 50; 8 fU
(6.50; 10 ft, $8.
I Mr, J. M. Dow sett Is back In har
ness again, after 11 trip abroad that
bas occupied the larger part of tho
HAYES LEADS IN
Iho pucka billiard touriuimrnt nt tho
V. At C .,V U pcvKrcsbliig with Inter
isL Tluru ale eleven contestants,
whooN standing 1110 us follows.
I. W. I,
lime 0 ii 0
Alltnl) '. 7 U 1 ,
.N'utt.IKO S 1 I
j;uim iiih Jr & 3 '2' ''
l)nuu 4 'J 3 ?.,.
1:11111111111 hr. llo '
(lOUICH 1 0 1
Uil 1 0 1 ' 1,
HelHter 1 I a
.11 Ilia 2 II 2 J
Until v 7 II 7 J
G00DALE OnIoNG " ,1 ' 3
TRIP FOR HEALTH JB
(MikxI.i1 Hull nt In Curn.m.tiTin'.)
Illl.O. July If Win ll the .Maxsucliil-
r'"' of ,,,u Aimrlcnn-IInvviillan Ilea,
sailed from this port on Tuesday, mi
hr long trip through tho Straits of
Mniclhui to tho Atlantic Const, sho
earned iih u ImKneiiger W flood llo
of the Wulalua plantation, who If nuk
ing the MOugc for lilts huillh It Is
utidirHtood lure that Manager Good ilu
m 1l"u ""ii with imamiuiu for
sninu time )ut anil that, the long sen
toyagu Is expected to put hint luk
Into muiid shape. Ho did not come
nsl i ro while In Hllu, but held a con
tluiiid reception on boird tiin lj;
freighter, having iimny visitors nsvoon
us It wits know u 'that lie was on board,
lis ho Is a very' great favorite ll) Hllo,
where lie vvns located for n long Mine.
Iieforo tiklug charge of Wnl.ilmu
BIG CHIEF UNDER '
Chief of Detoctlvus Mcl)u(IH, who
has been suffering Internally for somo
time, was successfully opornlcd on
this morning In tho Queen's Hospital.
Tho big Cblof Is resting cnmfortabl),
llo wont there yesterday afternoon,
after ho had turned over tho wurk
of bis olllce to his deputy, John Kcl
lot. The hospital ofllclals stated this
morning that tho big Chief will bo
out pf tbq hospital In a few da)S Tho
patjont bohiivul welt under tliu him -neons'
111 own Uiilvorsltv observed, Its ll.'td
iniuii tl comiuem"cuieiit tvcoull) by
confeirlng degrees upon 113 joung
A mciMiudM2i0ung women.
;&h2t Aai& HinielUtitknk. MniiMte$&bL