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HONOLULU STABiULLETIN, "mxvaY, JtTIT SO, 1917.
FOUB 3 v Business And Financial 1 $200,000 TOTAL DIVIDENDS PAID Dividends amounting to VM.l-' payable July and ?A er an- nounted la-lay by elgftS Hawaiian on - cerna. Seven are regular monthly di vidends und cn a special. Tbe frrockfo Sugar Co will pay a Burial dividend of J a share, airruntinj? to $37.."(K JuJy 31. The big sest dividend that of C. Brewer & Co., of 12 a share or a total of $. WW. Others are Ewa $50,000, Kahu ku $..oon, Hawaiian Pineapple Co. ?15,KW. Inter-Island $22,500. Hono lulu Gas Co. $2250 and the Honolulu Brewing L Malting 'o. $TT,;u PlifSlOTER In a very abort time cesspool will be of the past in the- Kalihi dis trict for the sewer department is prac -tlcally ready to begin tbe installation of. a sewer system for which tbe legis Uture appropriated $42,000. Harry Murray, superintendent. ha3 f announced that the ' plan an.. i t- I eiflcation had been completed by Fred i Hlrchhoff. engineer, and they will be submitted to the board of supervis ors Wednesday for approvaL SYSTEM FINISHED The district which is1 to, be piped. T f'lle makai of Mb street to Kalani .v J and mauka to Fernander and Lakapii. V Ewa the district ends at Puabale, Ban- rnister and Oullck and Waiklkl at Ka i llhl. ' It is going to take 33,000 feet of - pipe of all sizes, or approximately six yinlles, to cover tbe area outlined. Vrxice attempts were made. recently - ta paar bond issues, to pay for the In ; stallation ot a sewer system In Kalihi t . but the people turned them down at plebiscite and then tbe legislature took the matter up and appropriated tie money. - HAWAIIAN RAILWAY CUTS . FOOD FREIGHT CHARGES The Hawaii Consolidated Railway Company of Hawaii .has mado a marked reduction- tn freight charjeu ;' ' for the carrying of garden . produce, in order, to help, in the work of the ' food Commission In tryinj to make .these islands self tuuportia;;. ' It' is the first transportation company to cooperate with the food coiner laai-m and assist materially in getting; the products of the small flarmer to mar ket . .. "' . "" "We do not want ti4 Hawaii farm er to raise, Yegetaotei nd then have " Uen co to waste bocioo of the high freight eharfgea,? sal Superintendent Jl. W; Filler, rwhei onnotrnclns the freight reduction jjtinges. : BOARD IS DISAPPOINTED C BY FISCAL YEAR, RULING Mu'cb to ; the disappointment, of the board of supervisors. A. ,M. Cristy, deputy city attorney haamled mat the fiscal 7ear of the board is from January .1 to Jecembr Sit v ' It was ardently hoped that he would decide it was from June SO to June SO, and. now some of the . members hare spoken of . taking the matter in' - to their own binds. The report defi nitely states, however, that ?The Oa- - cal year is not under the control of the board of attpervlsors as the legis- latuf e is the aole Tbody to" determine ' .One reason why the members of the board Jrant the-fiscal year tp. begin Jtfly 1. Is becauseflothefwlse- they ' would not have twa iuU years. Under tthe ruling ot .the attorney they will have a half year, theft a full year lad finally another half, year - IDEAL CLOTHING ' STORE OPEN MGHf Tff7-30 The store ot the Ideal Clothing Com pany at 78 Hotel. Street, will be open tonight until. 7: JO for the-accommodation cf its "customers. 'Tomorrow tht store win be' -closed all day to ailow tha employee to register. Adrt JEFFS FASHION CO: ; WILL BE CLOSED ON ; REGISTRATION DAY :In' thorough, sympathy with the pa triotism that calls Hawaifs, manhood to the Registration booths on Tues day, Jeffs Fashion Coinpany will close its store an day. Adrt. .. Advertising is not definite except in results. '-If you narft honest goods for sale at honest : prices and tell 'e people of Honolulu about them; you are bound to sell a 'greater amount of them than' you ever did before. ! r . l. . : -Lote ad;man. :tQ-:3 Heed C2rc OF PURCHASES IN By WILLETT GRAY -Cuba Th" N'KW YORK, July ;eiltjre isanj: ite(eipis, 2'J.T'iH tons, against ?,.. tor.fi lat week, tons last year and lx, ST.. tecs in lM-". Exports TO.91'9 tons; stock, 6'.T.'1 tons, againat last year 62:..n"' tons. Central grinding, estimated. !4; against, estimattd, lo last eek. 11 laxt year and 12 in 115. Stocks in the Ccited States and Cuba together of 94u,?6S tons, against l,or),77 tons last week and !J2".,7t7 ton la?t year, an increase of lj,2"l tons trom last year. Raw No special features occurred during the week and prices have remained 6teady during the greater part t 5 5-16 cents c. & f. 6.3.v.c ). Sale were made from store on Monday, which reduced the spot market, which was quoted nominal at 6. "2c last week to 6.33c. Toward the close of the week the market became firmer, am! on W'vd neaday tsaleB were made to Howell of prompt Cunas at c. & f. 6.4o. '. and to federal of August Cunas ai b 7-16 c. & f. 6.4"c") and September at 54 c. & f. (6.."2c). The market as we go to press con tinues firm, with sales at .""2 c. & f (6.52c) for prompt and .August. Porto Ricos show an improvement to 6.27c, with sales reported during the week at that figure and one sale to Boston at 6.33c, where the freight Is higher than to New York. full duty sugars sold at V4 c c. i. f. to local and Canadian refiners to ex tent of about 50.000 bags. Cubas on the f. o. b. basis have been quiet, with sellers at 5c f. o. b Cuba, but at the close there is some what more interest shown by buyers at this figure. Cables were received here from London reporting sales of .lavas to the United Klnkdom, but particulars were withheld. The quantity is es timated at 100,000 to 200,000 tons, and based on recent Java quotations, the selling price is estimated at about 2.65c f. o. b. Java for 96 degrees. Java reports to be Ibe crux of tne situation, and if the United States or Kngland purchases there sugars instead of buying Cubas, Cuban hold ers will have to reduce their views materially. Some steamers we hear have sailed from New York for Java FIRMNESS WITH LIBERTY LOAN OUT OF WAY MONEY OUTLOOK IS FAIRLY CLEAR NfeW YORK. July 14. Now that the final instalment of the Liberty Loan is out of the way the monetary out look is comparatively clear. Funds withdrawn by preparations for financ ing this transaction and the July dis bursements are returning to this cen ter, and the situation was further re lieved by reduction of reserves of Fed eral Reserve Banks from 18 to 13 per cent basis, a move which at once released about 190,000,000. With these transactions out of the way, the course of the money market is now fairly clear for the present. Payments for the original loan will not be complet ed until the close of August, and the Allies will soon be in need of addi tional funds i so that with our own military demands also to be met the absorption of funds will be on a heavy scale as long as the war continues. There is no question . but that these requirements will be easily satisfied. hutMhe universal waste and heed of capital created by the war, may stiffen the demand, as well as the rates, for its use. The sale of 155,000,000 New York City 4 per cent bonds was as successful as could be expected un der existing conditions. The price seemed low compared with previcus sales, and was significant chiefly as proving the higher rates necessary to command capital. Developments in the war are encour aging in the direction of peace. Upon the whole the Allies are making steady gains; not so much in territory as in the persistent wearing down of the military strength of the Central Pow ers, while the Allies strength is steadily maintained and even gaining. Success In this war is not to be measured so much by territory won or havoc wrought, as by the relative fighting abilities of the two sides. There is no question about which side is in the ascendency and which on the decline. Signs of dissension and even disruption are evident in Ger many's present government crisis, but these should not be taken too seri ously. Although Germany Is tired of the war and dissatisfied with Its re cent conduct, the kaiser's power is by no means oroaen. it snouia De re membered that both Great Britain and France have had several government crises, and Russia a great revolution; but' none of these events had any other result than a determination to carry on the war with still greater vigor. It Is premature, also, to sup pose that the present crisis in Ger many means an early end of the war. i r"rTttanv Is not vet ronouered: and there is no assurance that her people ar vet readv for the sort of peace terms that the Allies are bent on die- tattng. The stock market feels the heavy pressure of government regulation, which is extending more and mare In to all departments of Industry. Our railroads have felt It in heavy restric tions upon, earning capacity, and made ft 4 'difficult to secure capital for ne cessary terminals, extensions, equip ment, etc President Wilson's remarks on Thursday regarding price fixing! caused something of a disappointment to the stock market. In my opinion. however, his vords will ultimately do good, for the president favors, fair profits, even liberal profits when jus tified, and the policy which . he has Initiated will tend to prevent excessive rjj c-M!!ze them; '"thus mod- SUGAR HINGE) ON JAVA DV ENTENTE and more arc advertised to 'ail dur inz Julv from New York. It i.- not at all unlikely -that some Javas will j ilnd their way to New York, particu larly in view of the wide difference in the f. o b. values, Cuba 5c f. o. b. Cuba and Jaas. W . 2.75 f. o. b. Java. Philippine Island We print in this issue our special cable from Manila, reporting no ex ports during the month of June from the Philippine islands to the U. S. Atlantic ports, although 5000 tons were shipped to San Francisco. Ship ments to Asiatic countries in June were R'00 tons, making totaT export' tor the month l?,.0"O tons, against 49.000 tons last year K.port3 from January 1st to June 30th have been small this year 27.00o tons to the U. S. and 102 .000" 'tons total to all countries. Corresponding figures for last vear are 62.000 tons and 1S5.000 tons respectively. Even with a crop of only a little over half of last year's there musi be a good-sized stock cf eugar in the island?. Pacific trans continental U. S. freights are nroni bitive of business in the 1'. S. Atlantic i ports' markets. Refined The week opened with quotations on the basis of 7.50c by American and Howell. Re bv Federal and Warner, and Arbuckle withdrawn. No new developments occurred In either price or other conditions until Monday, when Arbuckle re-entered- the mar ket at the 7.75o basis for hard sugars. This refiner is also quoting softs at the 7 5ftc basis, and can ship fairly promptly on all grades with the ex ception of bulk granulated and .-. s. which are about two weeks behind in their shipments. The demand is only moderate. The market for export is easier, and while refiners quote nominal 7 0c net cash, in bond, business lias be'en'done in a small way at somewhat lower prices. Make One Car Do the Work cf Twa Following the policy outlined by as in our Weekly Statistical Sugar Trade Journal of June 14. 1917. The Ameri si,r Ref ning Co. announcea u" ioth that effective at once al ' j - - ciiinmtntu must be on the basis of minimum carloads of :0.00 pounds sugar, say 500 bags or 143 barrels. The usual workingbasis will he 15" barrels per car. duj reaction. In the industrial world a high degree of uncertainty has been injected by too many new legislative schemes introduced Into Congress. Some of these measures ma be wise and necessary purely as war meas ures; but they are nevertheless dis ci ncerting and unsettling for the time being. The liquor industry has been seriously upset by the prohibition fea tures, thrust as a rider upon the food control bill. The last named measure will affect a very wide range of in dustries, from the farmer to the retail er. Enactment of legislation for con trol of export trade, also an act reg ulating trading with the enemy, are laws likely to lead to a good deal of uncertainty. Almost every depart ment of business is more or less un settled by these new conditions. That prices of many articles are excessive is granted. Inflation and high prices are inevitable economic consequences, of war. Every effort should be taken; to prevent greed taking undue advan-1 tage of the situation; but, however, idealistic and patriotic we may ieei,worKs department ror the -Htillation and however we may reDei at mgu prices, the solid fact cannot be ig nored that nothing cures the scarcity which causes high price3 quicker than high prices themselves. To force prices of copper or 6teel down to a point that might be a fair profit to the low cost producers would simply result in wholesale shutdown of pro ducers less favorably circumstanced; thus aggravating a bad situation by further shortening of supplies. Pre sident Wilson's criticisms of the ship ping industry were doubtless justified and will probably do good; yet were it not for the high prices which ships command and the profits they can earn, there would have been no such herculean efforts to build ships , as are now being made. The United States, Great Britain, Norway, Japan t.-d other nations are bending every energy to turn out ships as quickly as possible; and the output will far exceed any previous efforts through out the world. Here again high prices are the quickest cure for derangement arising from war or the submarine campaign. One feature of real encouragement was the last government crop report. It suggested a crop of 3,124,000,000 bushels of corn, which almost equals the bumper crop of 1912, w hen the npAA t&.oe ohnnt rntc a a' Q OTlTlct I IIIVC " UUVU . . ' ' V V I .... , u J u J. .A. . nearly $2 now. This enormous in crease in the money value of corn will be a powerful stimulus in the West The wheat crop has also much!pjea estate improved in condition, indicating .ts.- '000,000 bushels more than a month ago. The most sensational gain was ' in tne potato crop, wnicn promises: 452,000,000 bushels, compared with! 285,000,000 last year. All things con sidered, the agricultural outlook is good. No serious shortages are in prospect, and high prices amply off set increased costs of production. HENRY CLEWS. TAKE OVER STEAMERS LONDON, Eng. The Peninsular and Oriental Steamship Company has come to a provisional agreement with the Union Steamship Company of New Zealand, whereby the latter's 76 steamers of 243,278 tons, gros3, come under control ot the Peninsular and Oriental Company, which will now op ertte 306 'steamers of 1,727,465 ton?, News BAD WEATHER IN ! PHILIPPINES IS CROP H HI ; a couple of points with 5:'. cents being MANILA. V I. -The l.arwst of the i asked for it today. A late Saturday present sugar crop o: the Philippine:; ! sale at 57 was recorded. ! Honolulu Oil spurted because of the anHrit-.ateri nn acroi nt of the unf:i - vorable weather venditions w hit have prevailed in the island o: Negro the most important eugar district during much of the present harv'sk period, following similar condition which obtained during the same sea son last year, which caused the young cane to be badly damaged lrom excess of water and prevented proper atten tion to the crop at a time when cul tivation was of material importance An encouraging fact in connection with the recent harvests, however, is the improvement of the grade of mus covado sugar manufactured. This is due largely to the gradual adoption of more modern methods. wLich havw been advocated during the ml threa years by the bureau of agriculture, i;i the clarification of the juire and ti.a crystallization of the sugar. There are also increased quantities of cen trifugal sugar manufactured each year In the modern factories hore, a "Facts About Sugar.1- , A new factory has been planned for the Pampanga sugar district of Luzon. This factory will be strictly modern iu every particular and will be built with an initial capacity whi h will eclipse any of the factories at pres ent in operation. Due to the high sucrose content and purity coefficient of the sugar cane grown in that pro vince, a factory there should exper ience a profitable run from the very beginning. This district has been grown to sugar for more than a century and a one-crop system only has been em ployed, which has caused the land to be somewhat depleted of its plant food material. This accounts for the com paratively low tonnage obtained per unit area. While it is true that high percentage of sucrose rntios and pur ity coefficients are obtained from the cane grown there, yet the sugar man ufacturer profits- more in proportion from these favorable factors than does the planter under the present system of contracting for cane in the Philip pines. The modern system of growing cana by th,e aid of irrigation is now favor ably received by the Filipino planters at the Mindoro Sugar Estate, where at present it Is not an easy task to provide enough water to satisfy their desires, notwithstanding the fact that the six-foot tunnel which -passes through a hill to the Busanga river should supply an abundance of water for a much larger area than that now under cultivation. This is in marked contrast to the condition of affairs prevails last year, w hen some of these same planters not only refused to apply the irrigation water provided, but also objected to the company's irrigation force doing the work when they attempted to save the cane crop from the long drouth. When such convincing proof as the above results from the observations cf cane growth on irrigated and unirrigated planta tions in the period of one year, it is anticipated that equally encouraging results will be obtained in ether dis" tricts In the near future and that thus a better understanding will be had of the most effective method of applying the water and the proper quantity to use in order to obtain maximum re suits. TWO COMPANIES BID ON ELECTRICAL JOB . Catton. Neill & Company and the Hawaiian Electric Compan." w ere rhe only bidders Saturday at : o public cf electrical equipment at the- nd.nin istration building, territorial prison, Kalihi-kai. The bidn were as follows: Hawaiian Electric Item, 1. $ 1 s 1 2 and 60 days: item 2. $62.j and 40 days; item 3. $461 and 50 days; ium 4, $251 and 60 days, item 6. $12 an J 30 days. Catton, Xeill & Co. Item 1, $1797 and 150 days: item 2, $4S4 a.:-! 50 daysMtem 3. $476 and 30 days: item 4, $577 and 150 days; item 5, $21") nnj 75 days; item 3, $15 and 50 Jty. Time is estimated at $5 a aLy be yend contract agreemcn t. Sugar j6.977cte Henry Waterhouse Trust CoM Ltd. Members Honolulu Stock and Bond Exchange Fort and Merchant Streets L Telephone 12C8 Henry Waterhouse Trust Co., Ltd. STATEMENT OF CONDITION, JUNE 30, 1917. ASSETS Cash on hand and in bank S noncis 9J43.75 91,564.41 104.483 SJ 1S2.502.32 830,120.73 5,000.00 ".In. 1 1 . 1 ; stocks and OCK.S ana outer invest ments Mortgages secured by real estate Loans, demand and time Furniture and fixtures Total $1,456,576.21 Territory of Hawaii, ) ) S3. City and County of Honolulu. ) I. ROBERT W. .SHINGLE, President of the Henry Waterhouse Trust Co, Ltd., do solemnly swear that the above statement is true to the best cf my knowledge and belief. ROBERT W. SHINGLE. Subscribed and sworn to before me this 14th day of July, A. D. 1917. JOHN GUILO, Notary Public, Fi: t Judicial Clr ..rcnit,: Territory of IlawaiL . . : MADERA CLIMBS, NOW WORTH 37 Madera keeps on climbing on the strength of prospective operations in ; the very near future. The stock sold ' today at :?7. Mineral Products re Uerted to its slump of last week and was o.uoted at 10 cents. Despite this ; it was a heavy trader by comparison with others and some 17.000 shares fiunrcH hands. Bingham went down '. heavy demand on the coast and is hi now selling at $4. j at J6.75. Kngeb remained Honolulu Stoct: Exchange Monday, July CO. MERCANTILE 8ld 275 Asked Alexander & C. Brewer & Baldwin. Co SUGAR Ewa Plantation Co. ... Haiku Sugar Co Hawaiian Agr. Co Hawaiin Com. & S. Co. Hawaiian Sugar Co. . . . 33" 2 34 205 47 48 .33' ; 473, Honokaa Sugar Co Honomu Sugar Co Hutchinson Sugar P. Co 26' rvanuKu Plantation co. . is'4 Kekaha Sugar Co. . . 2C0 Kcloa Sugar Co McBryde Sugar Co. Ltd. 10' 10H Oahu Sugar Co. .... .30' 31 441 Olaa Sugar Co. Ltd Onorrea Sugar Co Paauhau Sugar Plant. Co. Pacific Sugar Mill Paia Plantation Co Peepeekeo Sugar Co. . . Pioneer Mill Co. San Carlos Milling Co. . Waialua Agricultural Co. Wailuku Sugar Co MISCELLANEOUS Endau Dev. Ca, Ltd 1st Is. As. 7 pc Pd 2nd Is. As. fully paid. . . Haiku Fruit & Pack., Pfd. Haiku Fruit & Pack. Com Hawaii Con. Ry. 7 pc. A. . Hawaii Con. Ry. 6 B.. Hawaii Con. Ry. Com... .. . 13 55 15 19 205 3734 38 20 274 27' 20 7 4 1 Hawaiian Electee Co Hawaiian Pineapple Co 45 Hon. Brew. & M. Co. Ltd 164 Honolulu Gas Co. Ltd.. 123 124 Hon. R. T. &. L Co Inter-Island Steam Nav Mutual Telephone Co 20 Oahu Railway & L. Co 160 Pahang Rubber Co Sel.-Dindings P. Ltd., Pd 13 . Selama-Dindings. 7 pc. Pd 10 Tanjong Olok Rubber Co BONDS Beach Walk Imp. Dist Hamakua Ditch Co., 6s Hawaii Con. Ry. 5 pc Hawaiian Irr. Co., 6s 75 80! 4 Haw. Ter. 4 pc. Refund Haw. Terr! 4 pc Pub Imp Haw. Terr. Pub. Imp. 4 pc ..... ..... Hswn. TerrMn 3!2 pc Honokaa Sugar Co., 6 pc Honolulu Gas Co., Ltd., 5s 105 Kauai Ry. Co., 6s 102 Manoa Imp. Dist , McBryde Sugar Co., 5s Mutual Telephone, 5s 104!2 Oahu R. &. L. Co. 5 104 Oahu Sugar Co. 6 110 Olaa Sugar Co. 6 98 Pacific Guano & Fer. Co. 100 Pacific Sugar Mill Co., 6s 100 San Carlos Milling Co. .. 100 99 Notice There will be no session of this Exchange Tuesday, July 31 (Reg istration Day). Dividends, July 30 Ewa, 20c; Ka huku, 10c; Hawn. Pine., 30c; l.-l. S. N. Co., 75c. Dividends, July 31 C. Brewer & Co., $2.00; Hon. Gas. Co., 50c; H. B. i & M. Co., 30c; Pepeekeo (special), $1.00. Latest sugar quotation; 96 deg. test, 6.977 cents, or $139.54 per ton. UNLISTED SECURITIES. Monday, July 30. Bid Asked OIL Honolulu Con. Oil 4.20 MINING Engels Copper M. Co.. 6.62'2 6.75 Mineral Products Co. .10 .11 Mountain King M. Co. ... .25 Tipperary G. M. A M. .03 Montana Bingham Cn. .53 .55 Madera Mining Co... .36 .37 Sales: 9800 Mineral 5915 Montana-Birroham Products, .16; , .57; 10,650 Madera, .37; 100 Honolulu Consolidat ed Oil, 4.20; 50 Mineral Products, .12; 5000 Mineral Products, .10; 12,900 Mineral Products, .11; 50, 350 Mon-tana-Bingham, .55; 200 Montana Pingham, .53; 200 Honolulu Consoli dated Oil, 4.20. Between boards 7, 26 O. R. L. Co., $157.50. Session sale 5, 5, 45. 50, 50, 50 Oahu, $30.75; 5, 10 Honolulu Gas, 124; 10 H. C. & S. Co., $43; 5 Wai alua, $27.75. LIABILITIES Capital 200,000.00 Surplus and undivided profits 133,002.03 Trust and agency accounts 1,122,474.18 Dividends unpaid 1,100.00 Total $1,456,576.21 THT73TS REAL ESTATE . LOANS STOCKS and BONDS INSURANCE SAPE DEPOSITS !tsfj0i (Stmt (ita, Ml Bethel Street fYouWant CALL CASTLE & COOKE, Limited I General Insurance Agents !g Fort and Merchant Streets HAWAIIAN TRUST CO., Ltd. Stocks and Bonds Real Estate Insnrancd Safe Deposit Vaults Authorized by law to act as Trustees, Execu tors, Administrators and Guardians rp no A. Enlist your surplus capital in your own and your fam ily's welfare. Start a Sav ings Account. 4 Interest Paid on Savings Deposits. Bank of Hawaii, Ltd. Fort and Merchant Bank 0 Honolulu Ltd. Fort Street, nsar Queen Transacts a genaral Banking Business. Invites ycur account and guar cnteea safe and efficient service. Exchange, Letters of Credit and Travelers' Chacks issued on principal points. Cable Transfers E. C. PETERS 210 McCandless Bldg. Honolulu, T. H. Stocks, Bonds, Securities, . Loans Negotiated, Trust Estate! Managed Keep your SAVINGS In a safe place. We pay 4o interest BISHOP & COMPANY. P. h. burnette 79 Merchant St Phone 1343 NOTARY PUBLIC Commissioner of Dseds California and New York Draws: Wills, Deeds, Mortgages and all Legal Documents ,. Insurance B. F. DILLINGHAM CO., LTD. PHONE 4915 Fire, Life, Accident, Compensation SURETY BONDS Money to Loan HOME INSURANCE COMPANY OF HAWAII, LIMITED 816 Fcrt Street Telephone 3529 LUMBER Paints, Plumbing Supplies, Building Materials. Prices low. Houses built on instalment plan. Choice House Lots for sale. CITY MILL COMPANY. LTD. Telephone 2478 P. O. Box 95! AND EMBROIDERIES 1120 NUUATTTT rT Phone 3646 Life, Fire, Marine Automobile, Tourists' Baggage or Accident Insurance, UPON Limited 13 Sugar Factors Commission Merchant! arid Insurance Agent A genta for Hawaiian Commercial A Sugar Company. Haiku Sugar Company. Pla Plantation Company '-y JJui AgrtcBlturafcCfcrnpaariL Hawaiian Sugar Cpan Kahului , Railroad Company. McBryde Sugar Company.'. Kahulia Railroad Company Kauai Fruit ft fcatd Co, Lu. Honolua Ranch,' r - C. (LIMITED) SUGAR FACTORS. .J COMMISSION MERCHANTS SHIPPING AND INSURANCE AGENTS V FORT ST, HONOLULU, T. H : f. - List of Off leers and Directors: E. F, BISHOP pSsWsnt c. h. Robertson!. r.'.ve:?:..-?- v,i-pr'dent and Secretary GARTLEY VIb',ZV. A. GARTLEY E. A. R. ROSS '"-rifmjjni Treasurer Director Director Director ; Director v Auditor GEO. R. CARTER C. H. COOKE J. R. GALT R. A. COOKE D. G. MAY J. F. MORGAN CO., LTD. STOCK BROKERS Information Furnished and Leans Made Merchant Street Star Building THE YCOHAMA SPECIE BANK. LIMITED Capital subscribed... yea 48,000.008 Capital paid up yen 30,000,000 Reserve funds. yen 21309.000 S. AWOKL Locar Manager FOR RENT Electricity, gas, screens in all hourea Fice 3-bedroom house; garage; 139. ' 2-bedroom house; garage; S25. . . Maunakea St. rtore $27.59 J. H. SCHNACK 842 Kaahumanu St. Telephone tSZ PACIFIC ENGINEERING ; COMPANY, LIMITED Consulting Vti jning and Con- Alexander V -Jr . Baldwin! BREIYEIi&CO &! tavs y SBUjfiiiwi v v i - Bridges, Buildings, Concrete ;Etrnc j tures, Steel Structures, Sanitary Sys terns. Reports and Estimates on Fro Jects. Phone 1045. .. ; . - ) tt 0