Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, August 10, 1917, 2:30 Edition, Image 4

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Honolulu star-bulletin. [volume], August 10, 1917, 2:30 Edition, Page FOUR, Image 4
About Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010

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Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]), 10 Aug. 1917. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn82014682/1917-08-10/ed-1/seq-4/>

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FQUB
HONOLULU STAR-BULLETIN, FRIDAY. AUGUST 10. 1917.
(Stoat Troubteo
respond nor quickly to tha
bbod-exuxching oB-food in
SCOTT'S
EMOJS.S0J
una w my uuju uua iiirMw.m i
SCOTTS it a rich, nourishing)
food to Strengthen tender throati 1
kmnlii! nk. i. rS
and broncnitl tnst isot
peculiar benefit to the respiratory
tract and It liberally Used in V
bercalotis CampS for that UXrpOSC.
You est co tlcoW in Scott's.
itcoaaBewBC.
sw. -a
H.Culman Co.,Ltd.
Jewelry and Souvenirs
REMOVED
To
1112 Fort St
v
ATTMTTiG
PENCIL
VENUS Is
bought by all
who want the
btst. 17 perfect
black degrees,
and 2 copying
for erery pos
sible purpose.
" BJx Band '
VELVET
PENCIL
Suprcaa ia iu Gas
1 JtnericanLcid Pencil Co, N. Y
art made from only sound f rarh
fruit and pure sugar. . Net ad
vanced in pree
C. Q.Ycc Hop &Xo.
JtTHE HOUSE OF QUALITY"
"""King street, near Flshmarket
3 -Phone 351
- sTA.auturj.N GIVES ' YOU
TODAY'S Mtwa TODAY '
A
Plpl
Neiraahh's
S JAMS
; :: SPECIAL
Nickel Plated-on-brass Bathroom Furnishings
' Your choice $ 1 .00 each
Nickel Towel Bar, 24 in. long. "Nickel Table Soap Holder.
Glass Towel Bar, 1S In. long. White Plate Glass Mirror, 8x10 in.
Nllkel Towel Arms. 12 In. long, 3 arms. White Bath Tub Seat 5x19 in.
Plate Glass Shelf and Brackets, 5x18 In, Nickel Tumbler and Soap Holder.
Nickel Sponge Holder. . , Nickel Tumbler and Brush Holder.
Nickel Bath Tub Soap Holder. Nickel Toilet Paper Hood.
Nickel Wall Soap Holder.
FOR 10 DAYS ONLY.
W.W.DIMOND & CO., LTD.
Honolulu
GAMFORNIA FEED
Business And
AUSTRALIA WILL
SHIPl'OOLTIHU.
san krancisco. jm J.-Tue
business community heard with great
interest today that the British author-
IUes h-d Mued m u for the ih(;i.
ment of , ur;e quantity of Auatniian
wool to the I nited States by way f
this cnaPt. The report received her
Indicated that G0.OOO bales, or a total
of 20.0O,(HO pounds,. have been ro
leatcd for American delivery.
The atory as confirmed t
nsld Bock, general manager of the
I'nion Steamship line. Mr. Hock iaid:
"It is true Oo.OOO bales of Australian
wool have been released for fchlpment
to the United States. Cargo space
will no hare to be secured. "
The business world receives the
DfWH with gratification because of the
shortage of woo) In this country,
where the unwashed variety la selling
at about 50 centa s pound and the
scoured article at from 70 cents to
? 1 .40 per pound, according to grade
It in also realized that Australia,
with its 1.500,000 bales of wool, or
600,000,000 pounds, is the world's
great storehouse upon which the coun
tries at war must draw their sup
plies to clothe their vast armies and
to keep down the price for civil con
sumption. The present released shipment will
mean COO carloads for the overland
roads. They expect additional re
leased shipments, so that the total for
the next 12 months will call on them
to haul over 2000 carloads of the
freight
This country last year, through Its
wool importers, in order to supply the
needs of the clothing trade for men
sad women, bad to Import 160,000,000
pounds from South America. 61,000,.
000 pounds from Asia. 79,000,000
pounds from South Africa and 14,
000,000 pounds from Australasia.
CUTlVHOLECROP
AT FORD ISLAND
The entire 25 acres of cane on the
aero base site at Ford island have
been harvested preliminary to the
building of aero hangars and general
preparation for the coming of an aero
squadron to Hawaii.
It was originally Intended to har-
vest only- that cane standing on the
location chosen for the hangars bat
later decided to take off aU the cane
st one time eren thuogh the crop was
not quite mature. One or two tech
nical details are yet to be settled be
fore the construction of the hangars
is begun. In the meantime engineers
are making soundings for. the location
of lunching rafts.
35-TON CAR OF ORE
OF FORTUNA NETS $1370
The following cable was received
today by C. G. Bockus from President
Hubbard of Montana-Blngham:
Thirty-five ton car Fortuna pre set
tled yesterday $1370 net Two cars
concentrates at smelter. No. S chute
shows ore body 62 feet wide, foot
wall not reached. Several other
places 2 per cent ore back of sup
posed footwall. Mill heads run daily
2 2-10 to over f3 per cent. Jorgensen
arrives tonight.
BALTIMORE, Md. Capt Frederick
Hinsch, agent here for the submarine
Deutschland, and American agent for
the North German Lloyd interests,
has fled American 'soil, and is report
ed to have reached Germany safely.
Friends here received advices that he
had reached 'Germany. It is said he
escaped on a small schooner from
Perth Amboy, N. J. He feared deten
tion ae an alien.
Phone 4937
JAPAN SEED RICE
California Grown
$6.75 Per Bag
Good Quality, New Potatoes,
$3.00 Per 100 lbs.
HOME INSURANCE COMPANY PASSES
SIXTH MILESTONE OF ACHIEVEMENT
Honolulu Concern in Less Than
Decade Forges to the Front
as Substantial and Progres
sive Institution
"Home indutr" hat the pulling
power of sound business and striking
sentiment, and that is the kind of
business and sentimtn which is be
hiud the Home Insurance Co. of Ha
waii. Ltd., which today celebrates its
sixth birthday and six years of
achievement.
In less th-n a decade this company
has won ita way to the standing of
a substantial institution among the
progressive bouses of the territory.
With "homegrown" agents and other
staff members familiar with condi
tions here and each with a large circle
of friends, and with advantageous con
nections abroad, the company oc
cupies a uniquely strategic position
to get and hold insurance in every
line.
Furthermore, it la a promotion as
set for the territory, and its work
along this line, with a promotion cn
thuiast, Zeno K. Myers, treasurer and
manager, gives it a wider sweep and
greater effect than merely In busi
ness. It is rendering community ser
vice. The history of the Home Insurance
Co. makes interesting reading from
the fact that when the company was
started some si- years ago the gen
eral impression among the insurance
fraternity seemed to be that a local
company could not exist and some of
the wisest ones predicted a complete
(allure within a few months.
This company has certainly con
fronted many insurance problems,
particularly the handicap of under
writing in such a limited territory.
These problems hare been solved with
very large and liberal insurance
treaties whereby the excess ia taken
care of, the Home retaining a limited
proportion consistent with their un
derwriting policy.
An analysis of the figures as filed
with the Insurance commissioner of
this territory of business for 1916
shows premiums of $52,563.13 with
re-Insurance of $27,069.48. the net re
tentions of the "Home" being less
than one-half of the business written.
Under new arrangements, however,
whereby the "Home" will exchange
business with other agents, a more
extensive distribution of risk can be
effected end the "Home" income will
be largely increased. This new ar
rangement is extremely gratifying to
the management of the Home Insur
ance Co. and will enable the company
Lto carry out to the fullest the slogan
or neep tne money at nome.
Arrangements are now completed
for writing every line of insurance,
including explosion and bombardment
the last additions to this company's
treaties having been recently arrang
ed whereby the Home Insurance Co.
has protection up to $600,000.
A very large part of the business
of the Home Insurance Co. is the
general agency of the Western States
Life Insurance Co.. now recognized as
the leaders of life insurance in the
West. An examination of the 1917
edition of the Spectator shows 215
legal reserve life insurance companies
and discloses the fact that the West
ern States made a greater gain in
paid-up insurance in 1916 than was
made by 154 of such companies.
Of the 50 companies whose gains
were greater than the Western States
Life during such time six owed a
greater or less part of their business
to their re-insuring other companies
going out of business. The average
age of the six companies whose gains
exceeded the Western States is about
35 years against less than seven years
for the Western States. Could any
more convincing proof of the growth
of the Western States be had than
the above?
This company through the Home
Insurance Company .has quickly won
a place at the top of the list of com
I panics writing business In this terrl
tory and the liberal attitude of the
company as to war risks, agreeing that
for the present upon written request,
all present and future policyholders
whose contracts contain a war clause
will be given permission to engage in
military, naval or allied service for
the United States within the limits
of continental United States for a pe
riod of one year, no extra premium
being charged and in the event of
the Insured dying as a result, directly
or indirectly, of engaging in such ser
vice the company will be liable for
the full face amount of the policy, and
the Western States Life Insurance
have r'aeed the Territory of Hawaii
as part of continental United States of
America.
The Home Insurance Company soon
outgrew quarters at the corner of Fort
and King streets and now occupies
POTATOES
CO.
Comer Alakea and Merchant
Financial
V
j. A. McCANDLESS
President and Director Home
surance Co.
in-
ZENO K. MYERS
Manager Home Insurance Co.
very commodious and favorable quar
ters at 816 Fort street, where Zeno
K. Myers, -treasurer and manager,
and M. V. Ferreira, underwriter, are
always ready to tackle any insurance
problem passed up to them, making
adjustments for loss and immediate
settlement here In Honolulu..
The financial showing is most ex
cellent, with assets of $124,663.84 and
stockholders' liability of $50,000. which
elves them insurance assets in com
parison far in excess of most of the j
foreign companies doing business in
this territory.
From the financial statement pub
lished recently the surplus of this
Home company is shown to have in
creased for the first two months of
1917 just $5449.70, and the company
now paying monthly dividends to
the stockholders of 12 per cent per
annum.
During the past six years there have
been premiums collected and sent out
of the territory by agents for outside
companies, as follows: in miscel
laneous lines (not including life in
surance) approximately $1.0i0.000; in
marine insurance, approximately $2,
000,000; in fire insurance, approxim
ately $4,000,000. making a total of ap
proximately $7,000,000. of which 10
per cent, at least, could have been
written safely and profitably in this
local enterprises, thus keeping a large
amount of money in circulation in this
territory.
JAPAN'S GOLD RESERVE
(Consul General George II
Scidmore.
Yokohama.)
Japan's reserve of gold specie on
June 2. 1917. totaled 860,000,000 yen
($428,280,000), according to the re
turns of the Department of Finance
published In the Japan Chronicle, 303.
000.000 yen ($l."0.8f4.ft"t being held
at home and ".7,oim,ouu on S27". .-
i P.86.OO0) abroad. Compared with the
I figures for May 23 last, this shows
an increase of 56.000,noo yen i $27,888.
000) in the portion held at home, b'lt
a decrease of 34.000.000 yen ($16,932,-
i -, -'
m
i
r u "i
Vv ? -' j
LLJ
000) in that abroad, or an aggregate "
increase of 22.oonoou yen $10,9."G.-! ST. LOUS. Mo A warrant on a sta
000). The considerable increase attuUry charge against Elwood V. Mat
home with a marked decrease abroad j lack and his "spiritual bride," Mrs.
is a new feature, bespeaking a great I Kstclle M. Hamsley. was denied Mat-
i influx of cold, both on account of
! ports and the sudden increase in
transferring of gold held abroad. At,
the end of Julv, 1914. cr just before
the outbreak of the war, Japan's gold
specie amounted to 3:3.00O,0On yen
($175,794,000). 133.0O0.otio yen ($66.
.204,000) being held at home and 22o.
,000.000 yen l$109.560,u00) abroad,
t Over theso figures the latest returns
i show an increase of 170.ooo.o00 yen
1 ($84,660,000) in the portion held at
home and of 337.000,000 yen ($167,
1 S26.000) in that held abroad, or 507.-
000,000 yen ($252.4S6.0iim in the total.
In other words. Japan's gold specie
' has Increased by 150 cent since the
j war started.
AV-Qerman newspaper reports a
great explosion at the Wilhelm Wef-fenbach-factory.
News
MADERA SHOWS
UPWARD TREND
Little activity was reflected on the
exchange today. Madera retained its
upward swing going to AZ. Montana
Bingham dropped a point going down
to 50 bid. Mineral Products swung
off to 9 cents, while Engeis remained
finn at current prices. Susar stocks
showed a slight inclination as was the
case yesterday to slump off a bit
Olaa dropping to $12.S7U. Kwa sold
at V-'-l and Waialoa at ?2T. Olaa de
clared a dividend of 10 cents and Wai
luku of 20 cents.
Honolulu Stock Exchange
Friday, Aug. 10.
MERCANTILE
Id Aaktd
Alexander A Baldwin
C. Brewer A. Co
SUGAR
Ewa Plantation Co 32 33
Haiku Sugar Co 200
Hawaiian Agr. Co
Hawn. Com. & Sugar Co 43
H waiian Sugar Co 33
Honokaa Sugar Co 93
Honomu Sugar Co
Hutchinson Sugar Plant
Kahuku Plantation Co 20
Kekaha Sugar Co
Koloa Sugar Co.
. McBryde Sugar Co 10' 4 10'2
I Oahu Sugar Co
1 Olaa Sugar Co Ltd..
294
124
30
13
j Onomea Sugar Co 53
Paauhau Sugar Plant Co
Pacific Sugar Mill ...
Pala Plantation Co 200
Pepeekeo Sugar Co
Pioneer Mill Co 36fi 37',i
San Carlos Milling Co
Waialua Agr. Co 26i 27
Wailuku Sugar Co
MISCELLANEOUS
Endau Dev. C, Ltd
1st Is. As. 7 pe Pd....
2nd Is. As. fully paid. . .
Haiku Fruit A Pack. Com
Haiku Fruit A Pack., Pfd.
Hawaii Con. By. 7 pc A. .
Hawaii Con. Ry. 6 pc. B..
Hawaii Con. Ry. Com
Hawaiian Electros Co. ...
Hawaiian Pineapple Co...
Hon. Brew. A Malt Co...
Honolulu Gas Co Ltd...
Hon. R. T. A L. Co
Inter-Island 8. N. Co
Mutual Telephone Co. ..
Oahu Railway A Land Co.
Pahang Rubber Co.
Selama-Dlndlngs, Ltd Pd
Selama-Dindinge, (77 pe).
Tanjong Olojc Rubber Co.
-BONDS
Beach Walk Imp. Dist...
19
442
16', 16a
124
145
"ig" ii
157',
20
15
11
40
101 y2
Hamakua Ditch Co 6a
Hawaii Con. Ry. 5 pc
Hawaiian Irr. Co. 6s.
Haw. Ter. 4 pc Refund
Haw. TerrM 4 pc. Pub Imp
Haw. Terr. Pub. Imp. 4 pc
Hawn. TerKU ZVz pc
Honokaa Sugar Co 6 pc. . . .
Honolulu Gaa Co., Ltd., 5s 100
Kauai Ry. Co 6s
Manoa Imp. Dlst
McBryde Sugar Co 5s
Mutual Telephone, 5s
90
93
110
106
Oahu Railway A Land Co
Oahu Sugar Co., 6 pc
Olaa Sugar Co C pc
Pacific Guano A Fer. Co,
1C6
110
.100
100
Pacific Sugar Mill Co., 6s
San Carlos Milling Co. .. 100
Between Boards:
Sales: 50 Waia-
lua, .if, ou, do vies, e.Jbi-,2
'2; 20 Mc
Bryde, 10.25; 15 Ewa, 33; 200, 115, 100
H. B. A M., 16.25; 10 H. C. A S., 48;
$6500 Hon. Gas Co. Bonds, 105.
Session Sales: 35 Ewa, 32.75.
Dividends, Aug. 10. Olaa, 10c; Wai
luku, 20c.
Latest sugar quotation: 96 deg. test
7.52c, or $150.40 per ton.
UNLISTED SECURITIES.
Friday, Aug. 10.
OIL
Bid Asked
4.20 4.40
8.75 6.872
.09 .10
.20 .25
.03
.50 .52
.43 .44
Honolulu Con.
Oil.
MINING
Cel. Hawn. Dev. Co...
Engeis Copper Mining
Mineral Products Co..
Mountain King Mining
Tipp. Gold Min. A Mill.
Montana Bingham Co.
Madera Mining Co. ..
Sales: 23300 M. Products, .10; 10,350
Binghami .50; 120 Madera, .41; 1630
Madera, A2; 3500 Madera, .43; 100 En.
gela, 6.75; 400 M. Products, .10; 300
Eingham, .50; 200 Madera, .44; 1000
Madera, .43.
Sugar 7.52cts
Henry Waterhouse Trust Co,
Ltd.
Members Honolulu Stock and Bond
Exchange
Fort and Merchant Streets
Telephone 1208
SOULMATES WIN
BATTLE IN COURTS
ex-;lacKs wile. Mrs. aran is. iauack, oy
Assistant Prosecutor Wilson be
cause "there wasn't sufficient evi
dence against them1"
The soulmates still are living at the
Warwick hotel, their rooms being on
separate floors. A divorce suit in
stituted by Mrs. Matlack is pending.
NOTICE.
Notice is hereby given that the
stock books of Mineral Products Com
pany will be closed for transfer from
August lath. 1917, to September 10th,
1917, both dates inclusive.
MINERAL PRODUCTS CO..
By GEORGE 8. WATERHOUSE,
Secretary.
Honolulu, August 8th, 1917.
6860 Aug. 9, 10, 11, 13, 14, 15.
TKtfSTS
REAL ESTATE LOANS
STOCKS and BONDS
INSURANCE SATE DEPOSITS
Bethel Street
Is
IfYouWant
CALL
CASTLE & COOKE, Limited
General Insurance Agents
Fort and Merchant Streets
HAWAIIAN TRUST CO., Ltd.
Stocks and Bonds
Real Estate Insurancs
Safe Deposit Vaults
Anthorixed by law to act as Trustees, Execu
tors, Administrators and Guardians
3
Enist
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 oi
Honolulu
Ltd.
Fort Street, near Queen
Transacts a general Banking
Business.
Invites ycur account and guar
antees safe and efficient service.
Exchange, Letters of Credit and
Travelers' Checks issued on
principal points.
Cable Transfers
E. C. PETERS
210 McCandleee Bldg.
Honolulu, T. H.
8tocke, Bonds, Securities, Loans
Negotiated, Trust Estates
Managed
Keep, your
SAVINGS
in a safe place. We pay ., Interest
BISHOP A COMPANY.
P. H. BURNETTE
79 Merchant SL Phone 184a
NOTARY PUBLIC
Commissioner of Deeds
California and New York
Draws: Wills, Deeds, Mortgages and
an Legal Documents
Insurance
B. F. DILLINGHAM CO, LTD.
PHONE 4915
Fire, Life. Accident, Compensation
SURETY B0ND8
Money to Loan
HOME INSURANCE COMPANY OF
HAWAII, LIMITED
811 Fort Street Telephone 3529
LUMBER
Paints, Plumbing Supplies, Building
Materials. Prices low. Housea built
on Instalment plan. Choice House
Lota for sale.
CITY MILL COMPANY, LTD.
Telephone 247S P. O. Box 151
JAPANESE SILK GOODS AND CURIOS, KHIOIIOS
AND EHB&0IDEBIE3
SAYEGUSA
1120 NTJTJANTJ STREET, JUST ABOVE HOTEL
Phone 3646
Life, Fire, Marine
Automobile, Tourists'
Baggage or Accident
Insurance,
UPON
Alexander &
Baldwin
Sugar Ficton
Commiiiion Merchant!
and Inroranc Agenti
!
Agents tor
HswaJIan Commercial A fioaar
Company.
Haiku Sugar Company.
Pala Plantation Compear
Haw.,f Sr,ItUra' Coa'
Hawaiian Sugar Company
Kahulul Railroad Company
McBryde Sugar Compaay
rvaauiiu Railroad Compear
" ruu t iand Co
Honolua Ranch.
Ltd.
C. BREWER & CO.
(LIMITED)
SUGAR FACTORS
COMMISSION MERCHANTS
SHIPPING AND INSURANCE
AGENTS
FORT ST, HONOLULU, T. H.
List of Officers and Directors:
E. F. BISHOP Prealdant
G. H. ROBERTSON
R.vER?e?:..r.ra.,;;?;;
Vice-President and Secretary
' aQATHoY Vce-Presldent
E. A. R. ROSS Treasurer
GEO. R. CARTER Dlrta-
v. n. wwvnc
J. R. GALT
R. A. COOKE
D. OL MAY
r tM s". j". "
Director
Director
Director
Auditor
J. F. MORGAN CO., LTD.
8TOCK BROKERS
Information Furnished and Loans
Made
Merchant Street Star Buildlne
Phone 1372
THE YOKOHAMA SPECIE BANK.
LIMITED
Capital subscribed... yen 48,000,000
Capital paid up..... yen 10,000,000
Reserve funds. yen 11,300,000
8. AWOKI, Local Manager
FOR RENT
Electricity, gas, screens in all hourea
Fine 3-bedroom house; garage; S30.
t-bedroom house; garage; 2i.
Maunukea St rtore $27.59
J. H. SCHNACK
842 Kaahumanu St. Telephone' 3131
PACIFIC ENGINEERING
COMPANY, LIMITED
Consulting ret jning and Con
structing Englneere
Bridges. Buildings, Concrete Btruc
tures, Steel Structures, Sanitary Sys
tems, Report and Estimates on Pro
Jects. Phone 1045.
c.
A"
-
!j,. j . .

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