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Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, August 10, 1917, 3:30 Edition, Image 4

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Persistent link: https://chroniclingamerica.loc.gov/lccn/sn82014682/1917-08-10/ed-2/seq-4/

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HONOLULU STAR-BULLETIN. FRIDAY, AUGUST 10, 1917
f
'I
.
.
tiGhaot Troubled
i HTropond uore quickly to tho
i:ei ttjTsooM
than to enr other one medicine.
'SCOTTS it a rich, nourishing
J ood to Strengthen tender throat
3 -Za t.,k.. U U A
4 , and bronchial tubes. lUrt
5 peculiar peneiu lo im rapuamry
n : tract and it liberally used in tu-
berculosis Campt for that purpose,
rt .- pcrcuioan rni tut iuu (UIt'u,i(
H Yen pt no alcohol in Scott's,
;JA CcoaaBowBC.BlooBiehiLK.i. lo-fl
? mr-
H.CuIman Co.,Ltd.
Jewelry and Souvenirs
REMOVED
To
1112 Fort St
PENCIL
VENUS It
bought by all
who want the
best. 17 perfect
black degrees,
and 2 copying
for erery pos
sible purpose.
Blut Band
VELVET
PENCIL
Supreme in tts Class
1 American Lead Pencil CoN. Y
JAMS
lare made from only sound f reth
fruit and, pure sugar. Not ad
vanced In pries.
.C. Q.Ycc liop&Co.
'THE HOUSE OF QUALITY"
King street, nsar Flshmarkst
Phone 3451
STAR-BULLtltN GIVES YOU
' g TO PAY'S ME W- TOOAV
A
i
i
V7
.v
SPECIAL
Nickel Pillted-on-brass
Your choice
Nickel Towel Bar, 24 In. long. Nickel Table Soap Holder.
Glass Towel. Bar, 18 In- long. White Plate Glass Mirror, 8x10 In.
Nickel TpWl Arms, 12 in. lone, 3 arms. White Bath Tub Seat, 5x19 lo.
Plate Glass Shelf and Brackets, 5x18 In.' Nickel Tumbler and Soap Holder.
Nickel Sponge Holder. " 'Nickel Tumbler "sod Brush Holder.
Nickel Bath Tub Soap Holder. Nickel Toilet Paper' Hood.
Nickel Wall Soap Holder.
FOR 10 DAYS ONLY.
W. W.'DIMOND & CO, LTD.
V v Honolulu Phone 4937
CALIFORNIA
CALIFORNIA
v
Business And
JIICTDAIIAWI
SHIP W00LTO u. s.
san francisco, July 2-The
business community heard with great
interest today that the British author-
ltlM h&d lssued a permlt for the 8hir.
ment of a ,arge quailtity of Australian
wool to the United states by way of
this coast. The report received here
l,J1B '
rs
indicated mat su.uw Daies, or a xoiai
0.000,000 pounds, have been re
aped for American delivery.
Bt)ry wag confJrme(j by Regi.
nald Bock, general manager of the ,
Union Steamship line. Mr. Bock said:
"It is true 50O0 baleB of Australian ;
wool have been released for shipment
to the United States. Cargo space i
will now have to be secured." !
The business world receives the
news with gratification because of the
shortage of wool in this country,
where the unwashed variety Is selling
at about 50 cents a pound and the
scoured article at from 70 cents to0f friends, and with advantageous con
$1.40 per pound, according to grade.
It is 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 500 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
and women, bad to import 160,000,000
pounds from South America, 61.00C,
000 pounds from Asia, 79,000,000
pounds from South Africa and 14,
000,000 pounds from Australasia.
CUT WHOLE CROP
AT FORD ISUND
I this territory of business for 1916
The entire 25 acres of cane on the snows premiums of $52,563.13 with
aero base site at Ford island hare re-Insurance of $27,069.48, the net re
been harvested preliminary to the tentlons of the "Home" being less
building of aero hangars and general than one-half of the business written,
preparation for the coming of an aero , Under new arrangements, however,
squadron to Hawaii. whereby the "Home" will exchange
It was originally Intended to har-! business with other agents, a more
Test only that cane standing on the extensive distribution of risk can be
location chosen for the hangars but i effected and the "Home" income will
later decided to take off all the cane ; be largely Increased. This new ar-
at one time even thuogh the crop was
not unite mature. One or two tech-
nlcal details are yet to be settled be-
tore, 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
flC mDTIIMA SJCTC 9107n ireaues navmg Deen recently arrang
Ur J-UHIUNA NblO lOU ed whereby the Home Insurance Co.
I V A a A I a. AA AVA
I nits prmn:iiuu up 10 ouu,vw.
A very large part of the business
today by C. O. Bockus from President : of the Home Insurance Co. is the
Hubbard of Montana-BIngham: I general agency of the Western States
Thlrty-flye ton car Fort una pre set- iJfe Insurance Co., now recognized as
tied yesterday $1370 net. Two cars the leaders of life insurance in the
concentrates at smelter. No. 8 chute West. An examination of the 1917
shows ore body 62 feet wide, foot- edition of the Spectator shows 215
wall not reached. Several other legal reserve life insurance companies
places 2 per cent ore .back of sup- and discloses the fact that the West
posed footwalL Mill heads run dally ern States made a greater gain in
2 2-10 to orer S per cent. Jorgensen paid-up insurance in 1916 than was
arrives tonight imade by 154 of such companies.
mt Of the 50 companies whose gains
BALTIMORE, Md. Capt. Frederick were greater than the Western States
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 be
had reached Germany. It is said he
escaped on a small schooner from
J Perth Amboy, N. J. He feared deten-
tlon as an alien.
1 ..' " " 1
Bathroom Furnishings
$1.00 each
JAPAN SEED RICE
California Grown
$6.75 Per Bag
POTATOES
Good Quality, New Potatoes,
$3.00 Per 100 lbs.
FEED CO.
HOME INSURANCE
SIXTH MILESTONE OF ACHIEVEMENT!
Honolulu Concern in Less Than
Decade Forges to the Front
as Substantial and Progres
sive Institution
"Home Industry"' has the pulling
power of sound business and striking
sentiment, and that is the kind of
business and sentiment which is be
hind the Home Insurance Co. of Ha
waii, Ltd., which today celebrates its
sixth birthday and six years of
achievement.
In less than a decade this company
has won its way to the standing of
a substantial institution among the
progressive houses of the territory.
With "home-grown" agents and other
staff members familiar with condi
tions here and each with a large circle
nections abroad, the company oc
cupies a uniquely strategic position
to get and hold insurance In every
line.
Furthermore, it is a promotion as
set for the territory, and its work
along this line, with a promotion en
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 siz 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
failure 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 have been solved with
very large and liberal insurance
treaties whereby the excess is 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
rangement is extremely gratifying to
the management of the Home Insur-
ance Co. and will enable the company
to carry out to the fullest the slogan
of "Keep the money at home."
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-
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
panies writing business in this terri
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 marine insurance, approximately $2,
jwill be given permission to engage In 000.000; in fire insurance, approxim
' military, naval or allied service for ately $4,000,000 makine a total of ap-
the United States within the limits
J of continental United States for a pe
nod or 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'aced the Territory of Hawaii
as part of continental United States of
America.
1 The Home Insurance Company soon
outgrew quarters at the corner of Fort
and King streets and now occupies
Comer Alakea and Merchant
Financial
COMPANY PASSES
J. A. McCANDLESS
President and Director Home
surance Co.
In-
ZENO K. MYERS
Manager Home Insurance Co.
Tery 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
gives them insurance assets in com
parison far in excess of most of the
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 payine; monthly dividends to
the stockholders pf 12 per cent per
annum.
During the past six years there have
been premiums collected and sent out
of the territory by as?pnts for outside
companies, as follows: in miscel-
laneous lines (not including life in-
surance) approximately $1,000,000; in
proximately $7.fmO,otui, of which 10
per cent, at least, could have lppn
written safely and proHtal.lv in this
local enterprises, thus Keerins a larjo
amount of money in circulation in this
territory.
JAPAN'S GOLD RESERVE
(Consul General Ceorce II. Seidmore.
Yokohama.)
Japan's reserve of gold specie on
June 2, 1917, totaled Stifi ono.H-irt yen
($428,250,000), accordine to the re
turns of the Department of Finance
published in the Japan Chrrniole. 303,-
000,000 yen ' $1.".":''4.'""m h'-intr held
at home and ,"7'Oimmi"i yen ( ?2 7 7.
3Stv'ifi) abroad. Compared with the
figures for May 23 last, this shows
an increase of o6.ooo,onr; yen (J27.W,
000) in the portion held at home, brt
a decrease of C4.0'N'ilf,0 yen ($1fi,532.
I'Oi'i in that abroad, or an asersate
increase of 22.oo'ioo yen $1 o.9.".6..
0"0). The consideraMe inrreae at
home with a marked decrease abroad
is a new feature, bespakine a gren
influx of co'd. b'.-th arrn irt of ex
ports and the nHn inT-ase ir.
transferrin? of gold held abroad. At
the end of July. 1!14. or j ;.-t ! e fore
, the outbreak of the war, .laran's gold
! specie amounted to 3r.3.oo."ii' yPn
i ($175,794,000). 133.0oo.m-.,, yen (?",.
204.0O0) being held at home and 22'i.
000,000 yen ($109.r,o.n,i0) abroad.
Over these figures the latest returns
show an increase of 1 7,.,,".1""1 yen
(SS4,660.0'O) in the portion hld at
home and of 337.""n.V" yen i$167.-S26,0OO-
in that held abroad, or r07.
noo.oon ven ?22.4?.rf' 1 in the total
In other words. Japan's gold specie
has increased by 150 cent since the
war started.
A German newspaper reports a
great explosion at the Willielm Wef
fenbach factory. ...
i-W. .
.A?
' i".
l ! J fii
5 !. h I f
News
MADERA SHOWS
Little activity was reflected on the
exchange today. Madera retained its
upward swing going to 43. Montana
Bingham dropped a point going down
to 5' bid Mineral Products swung
off to 9 cents, while Engels remained
firm at current prices. Sugar stocks
l;owed a slight inclination as was the
-ae yesterday to slump off a bit.
Olaa dropping to $12.87H. Ewa sold
at J33 and Waialua at $27. Olaa de
clared a dividend of 10 cents and Wai-
luku of 20 cent?.
Honolulu Stock Exchange
Friday, Aug. 10.
MERCANTILE
IK Aktf
Alexander & Baldwin
C. Brewer & Co
SUGAR
Ewa Plantation Co 32 33
Haiku Sugar Co 200
Hawaiian Agr. Co
Hawn. Com. &. Sugar Co 48
H waiian Sugar Co 33
Honokaa Sugar Co 94
Honomu Sugar Co
Hutchinson Sugar Plant
Kahuku Plantation Co 20
Kekaha Sugar Co
Koloa Sugar Co.
McBryde Sugar Co 10'4 10'
Oahu Sugar Co 294 30
Olaa Sugar Co., Ltd 12 13
Onomea Sugar Co 53
Paauhau Sugar Plant Co
Pacific Sugar Mill
Pala Plantation Co 200
Pepeekeo Sugar Co
Pioneer Mill Co 36 37'4
San Carlos Milling Co
Waialua Agr. Co 26 27
Wailuku Sugar Co
MISCELLANEOUS
ndu Dev. C. Ltd
1st It. As. 7 pc Pd .....
2nd Is. As. fully paid
Haiku Fruit & Pack. Com
Haiku Fruit & Pack., Pfd 19
Hawaii Con. Ry. 7 pc A
Hawaii Con. Ry. 6 pc. B
Hawaii Con. Ry. Com
Hawaiian Elective Co
Hawaiian Pineapple Co... 44'2
a m a a i 4 al
non. Drew. & mail. uo... io 102
Honolulu Gas CoM Ltd... 124
Hon. R. T. & L. Co 145
Inter-Island S. N. Co
mutual 1 eiepnono vo. .. i 198
Oahu Railway & Land Co 157!2
Pahang Rubber Co 20
Selama-Dindlngs, Ltd, Pd 15
Selama-Dindlngs, (77 pc). 11
Tanjong Olok Rubber Co.
BONDS
Beach Walk Imp. Dist...
Hamakua Ditch Co, 6s..
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
40
1012
90
-tawn. TerrM, S' pc
Honokaa Sugar Co., 6 pc
Honolulu Gas Co Ltd., 5s 100
Kauai Ry. Co., 6s
Manoa Imp. Dlst
McBryde Sugar Co., 5s
Mutual Telephone, Ss
93
T10
106
'Oahu Railway & Land Co. 106
Oahu Sugar Co, 6 pc... 110
Olaa Sugar Co, C pc
Pacific Guano & Fer. Co.. 100
Pacific Sugar Mill Co, 6s
San Carlos Milling Co. .. 100
100
Between Boards: Safes: 50 Wala
lua, .27; 30, 65 Olaa, 12.87'2; 20 Mc
Bryde, 10.25; 15 Ewa, 33; 200, 115, 100
H. B. & 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
UPWARD TREND
Bid Asked
4.20 4.40
6.75 6.87!2
.09 .10
.20 .25
.03
.50 .52
.43 .44
Honolulu Con. Oil....
MINING
Cal. Hawn. Dev. Co...
Engels Copper Mining
Mineral Product Co..
Mountain King Mining
Tipp. Gold Min. & Mill.
Montana Bingham Co.
Madera Mining Co. ..
Sales: 23,800 M. Products, .10; 10,350
Bingham, .50; 120 Madera, .41; 1630
Madera, .42; 3500 Madera, .43; 100 En
gels, 6.75; 400 M. Products, .10; 300
Bingham, .50; 200 Madera, .44; 1000
Madera, .43.
Sugar 7.52cts
Henry Waterhouse Trust Co.,
Ltd.
Members Honolulu Stock and Bond
Exchange
Fort and Merchant 8treets
Telephone 12C8
SOU LMATES
WIN
BATTLE
IN COURTS
ST. LOUS, Mo. A warrant on a sta
tutory charge against Elwood V. Mat
lack and his "spiritual bride," Mrs.
Kstelle M. Hamsley, was denied Mat
lack's wife, Mrs. ?arah B. Matlack, by
Assistant Prosecutor Wilson be
cause ' there wasn't sufficient evi
dence against them "
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 15th, 1917, to September 10th,
1917, both dates inclusive.
MINERAL PRODUCTS CO.,
By GEORGE 8. WATERHOUSE,
Secretary.
Honolulu, August 8th, 1917.
6 8 6 0 AtJ stw 9J1 fOUJ 3J -J
TBU5TS
REAL ESTATE LOANS
STOCKS and BONDS
INSURANCE SAPE DEPOSITS
Bethel Street
IfYouVant
CALL
CASTLE & COOKE, Limited
General Insurance Agents
Fort and Merchant Streets
HAWAIIAN TRUST CO., Ltd.
Stocks and Bonds
Real Estate Insurance
Safe Deposit Vaults
Authorized by law to act as Trustees, Execu
tors, Administrators and Guardians
( I
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 ot
Honolulu
Ltd.
Fort Street, near Queen
Transacts a general Banking
Business.
Invites yenr account and guar
an tees safe and efficient service.
Exchange, Letters of Credit and
Travelers' Checks Issued on
principal points.
Cable Transfers
C C. PETERS
210 McCandless Bldg.
Honolulu, T. H.
8tocka, Bonds, Securities, Loan
Negotiated, Trust Estates
Managed
Keep your
SAVINGS
In a safe place. W pay s Interest
BISHOP A COMI-ANY.
P. H. BURNSTTE
79 Merchant St. Phon 184
NOTARY PUBLIC
Commissioner of Deeds
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 Fort 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 2471 P. O. Box 95
JAPAAE&E SILK GOODS AND CUBIOS, ELH0N03
AND EMBROIDERIES
SAYEGUSA
1120 iruuAiru street, just above hotels
Phone 3646
Life, Fire, Marine
Automobile, Tourists'
Baggage or Accident
Insurance,
UPON
Alexanders
Baldwin
Limited)
Sugar Factors
Commission Merchants
and Insurance Agents
Ajenta for
Hawaiian Commercial
Company.
A Sugar
Haiku Sugar Company.
Pala Plantation Company
Mauf Agricultural Company.
Hawaiian Sugar Ccmpany
Kahulul Railroad Company.
McBrrda 8nra. f
- wnymuj,
KahuUu Railroad Company.
ITtn.l V. m w .
u ctuu Aana Co,
Honolua Banch.
Ltd.
C. BREWER & CO.
(LIMITED)
8UGAR FACTORS
COMMISSION -MERCHANTS
SHIPPING AND INSURANCE
AGENTS
FORT ST, HONOLULU, T. H.
List of Officers and Directors:
E. F. BISHOP President
G. H. ROBERTSON
R.VVERSa!?!. Ma"a"f"f
Vice-President and' Secretary
J ?A2TZL V,cp-eldent
E. A. IL ROSS Treasurer
GEO. R. CARTER Olrector
Director
J. R. GALT
R. A. COOKE
D. G, MAY
Director
Director
Auditor
J. F. MORGAN CO., LTD.
STOCK BROKERS
Information Furnished and Loans
Made
Merchant Street Star Buildlna
Phone 1572
THE YC'OHAMA SPECIE BANK,
LIMITED
Capital subscribed. ..yen 43,000.000
Capital paid up yen 80.000.000
Reserve funds yen 21,300,000
S. AWOKI, Local Manager
FOR RENT
Electricity, gas, scrects in all houses
Fine 3-bedroom house; garage; $30.
2-bedroom housj; garage, $2i.
Maunakea SL rtore ..$27.69
J. H. SCHNACK
842 Kaahumanu dt. Telephone 363)
PACIFIC ENGINEERING
COMPANY, LIMITED
Consulting i c. jning and Con
structing Engineers
Bridges, Buildings, Concrete Struc
tures, Steel Structures, 8anitary Sys
tems, Reports and Estimates on Pro
jects. Phone 1045.
)

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