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Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, August 16, 1917, 2:30 Edition, Image 4

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FOUR
HONOLULU STAB-BULLETIN, THURSDAY, AUGUST 1G, 1917.
.-
C R COOKE, President
C. D. LUFKIN, Vice-President and Manager.
BANK OF MAUI, LTD.
Wailuku. Paia. Lahaina.
STATEMENT
Showing its condition, at the close of business, July 31. 1917.
A""ETS, OWNED BY THE BANK.
LOAN'S, DISCOUNTS AND OVERDRAFTS 546.879.4 i
This represents loans and advances to customers of the bank.
CASH ON HAND AND IN BANKS 163,050 69
Actuai roW and stiver coin and sllu exchange on corres
pondent banks.
BONDS AND 'SECURITIES 282,561.59
Th's is practically our secondary reserve, for the protec
tion of our depositors, consisting principally of high grade
Territorial, Railroad and Industrial Bonds.
REAL ESTATE AND BANKING PREMISES
Actually owned by the Bank, located at Wailuku, Lahaina
and Paia.
FURNITURE AND FIXTURES
Contained. h. the Main Bank at Wailuku, and its Branches
at Lahaina and Paia.
LEASEHOLD
Representing the valuation of the Bank's equity in the least
upon its Wailuku property.
TOTAL RESOURCES $1,027,016.69
LIABILITIES.
CAPITAL STOCK PAID IN $ 150.000.00
SURPLUS AKD UNDT"IDED PROFITS 18,604.28
DIVIDENDS UNPAID 21.00
.DEPOSITS .v..., 858,391.41
The Bank tad Kk Branches has total deposits net, as above.
TOTAL LIABILITY S1.027.0H.69
. Territory of Hawaii, )
"Island and County of Maui. )
I, J. Garcia,. Caohier of the above-named Bank, do solemnly swear that
the above statement is true to the best of my knowledge and belief.
' J. GARCIA,
V . v, Cashier.
-N Subscribed and sworn to before me this 10h day of August, A. D. 1917.
Attest;
CD. LUFKIN
)
D. H. CASE ) pirectors.
R. A. WADSWORTH )
A
"Hi
, .1 . . i
ill
r. Tr77n nim
u- ivjiivjijcij.
OAIllj RA1LVAY and HALEIVA HOTEL
Thirty "Say eicurslon tickets between Honolulu and Walalua. Ha
lelwa or'Kahuku: First-class. JU5j second-class, tl.80.
v, h Special weekly rates at Hotel durin' summer months, 125.00.
' -v Splendid bathing, olt tennis, glass-bottsm boats, rowing.' pooL
;";-. ' An Ideal vacation resort. ; . '' - . ' ;-
" tv- : , TV- el
- -V '
HI
vay-
Vli
--
4. '?;
i
uanu
uain
Stained
Glass
of , -Plain Qass Windows
,VI10PHAHE' costs about one-tenth the
qost of Stained Glass:
VITBOPHANE can be used instead of cur
tains or blinds.
VITROPHANE gives privacy and hides
.;nnsightiy views.
It is easy to apply. nd once there remains
' as long as the glass lasts.
yiTBOPHAKE Flags, large and small, for
v;;dows and auto windshields.
v.; ;
Lasers & Gcolse, Ltd.
Lumber and Building Materials
469-177 So. King St
I100.00
6,600.00
925.00
ENOS VINCENT,
Notary Public.
Examined and found correct:
M. H. DRUMMOND,
Territorial Bank Examiner
; 5 We carry the finest assort
ment rof Oriental Cnrios
;; and Nov elties in the
islands.
Japanese Bazaar
it:
Fort St, opp. Catholic
Chnrr.fc
out
Hotel
naieiva
mm
COMMERCE AL
DWINDLING
BIO
mm
(Ly Curaikow-Rionda Company.)
NEW YORK. July 27 Notwithstand
ing that our refiners last week secured
over 100,K tons of raws, principally
ior August shipment, there has been
no check to the advancing course of
the market initiated some time ago.
Shortly after opening of the current
week, when refiners had obtained ad
ditional moderate quantities at the
last quotation of 5.625c. cJ., the price
of August shipment Cubas advanced
other .06c per lb. to 5.69c, c.f. (6.71c!
This was followed by a further seriea
of rapid advances which, at the close,
has brought Cubas up to 5.94c. c.f.
(6.96c), which is the highest point
reached since outbreak of the Euro
pean war. The spot quotation was
raised .24c. per lb. to 6.89c. basis 96
deg.
It is significant that, despite this
recent sharp advance, the week's total
reported business aggregates only
about 27.000 tons Cubas and 5,000 tons
Porto Rlcos, the latter description
having sold as high as 6.77c. deliver
ed New York. The reason for this is
doubtless to be found in the influence
of the knowledge that only about 175,
000 tons of the present stocks in Cuba
remain unsold, in conjunction with the
fact that as regards the balance of
about a like quantity estimated as still
to be produced this campaign, plant
ers are reluctant to commit them
selves for future delivery, owing to
uncertainty on their part as to wheth
er ruling estimates will actually be
attained. In his connection it may be
said that heavy rains now falling in
those sections of the Island in which
come Centrals still continue at work
is bound to curtail their output from
now on.
Another factor of much importance
has been a continued active demand
for the refined product for both do
mestic use and for export, at a time
when the total Btocks of 222,274 tons
in all bands at the Atlantic ports are
64,769 tons less than those of a year
ago, and of which no part is at pres
ent for account of importers as com
pared with 114,026 tons held by them
at the corresponding date In 1916.
The recent appearance of Canadian
refiners in this market for moderate
quantities of Cubas, for which they
yesterday paid as much as 5.94c. c.f.
New York, forecasts further buying
from that quarter. The necessity for
such procedure is understood to have
arisen from the very limited quantity
remaining available from the British
West Indies for Canadian require
ments, large purchases , by United
Kingdom having made deep inroads
uponJthia source ot'?pp$, . f
As Indicated by the foregoing short
outline of the outstanding features, it
cannot be denied that the situation is
now stronger than it has been at any
period since the World war started,
and the main cause for this present
strength of the sugar market is the
Inability, through scarcity of tonnage
for the purpose, to ship sugar from
Java to Europe. Owing to this latter
condition of affairs, the Island of
Cuba, with a smaller production this
campaign than last, has had to be the
principal source of supply for the
'sugar demands of both the United
States and Europe.
. On tho New York Coffee and Sugar
HAWAIIAN SUGAR
$109 INSTATES
The average price received to. date
for Hawaiian sugar is approximately
$109 per ton for that shipped to the
Pacific Coast refineries and $105 for
that shipped to the Atlantic Coast re
fineries, according to local sugar men
who have been following the market
closely. The difference of $4 between
the Pacific and Atlantic coasts is
taken up in the added freight rates.
The exact figures at this time arts
impossible to obtain due to the slow
ness of the returns being received
here from the east. According to E.
A. R. Ross, treasurer of C. Brewer
Co., of the last sixteen shipments sent
to the Atlantic coast only remittance
for five have been received here. This
is due to the freight congestion on the
mainland. Those from the Pacific re
fineries are received more promptly
but the price of shipments as a whole
cannot be figured accurately.
TO
BRINGS S 1 05 AND
FAMOUS VOLCANO HOUSE
DIRECTLY OVERLOOKING THE VOLCANO OF
EILATJEA
COVERS ALL EXPENSES
Steamer every Wednesday and Saturday
Inter-Island Steam Navigation Co., Ltd.
phone 4941 Queen Street
01 0 REFINED
i
Exchange the course of prices this
week has been steadily upward, and
this evening's closing bids of August
6.82c September 5.81c. October 5.75c.
November 5.74c. December 5.46c.
January 5.10c. February 4.89c. March
4.88c. April 4.90c. and May 4.93c. be
ing from .08c to .33c per lb. above
last Friday's final figures. The great
est gain was made in August delivery.
At yesterday's Jiose of 5.75c, the July
postlon was .25c above last week's
closing bid.
The receipts for the week at the
three Atlantic ports were 46.951 tons,
compared with 55,106 tons last year
and 57,418 tons in 1915.
FIRST RUN oVTrlADERA
MILL PRODUCED GOLD
A report from E. W. Shanks, vice
president of the Madera Gold Mining
Company, says that the mill valueB
are better than anticipated and a
clean-up will be held August 27.
The mill was started August 5 and
ran for four hours without the
slightest difficulty. 20 tons being put
through. Gold could be seen on the
plates 15 minutes after the mill was
started. By the first of -next week it
is expected that the mill will be run
ning full capacity of 100 tons.
SMELTER RETURNS OF
MONTANA-BINGHAM $7000
According to a report received this
morning from Jorgen Jorgensen, who
is now visiting the Montana-Bingham
properties, from July 31 to August 14
the smelter returns totaled $7000
while the ore mined and concentrates
which are ready for shipment amount
to approximately $10,000. All efforts
are now concentrated on the devel
opment of Fortuna and the main tun
nel, which are turning out 60 tons
daily with an average of 24 per
cent copper. Only a little work is
being done on the Valentine.
am
$977,176,026 IN GOLD IMPORTED.
According to figures just compiled
by the Statistical Division of the
Bureau of Foreign and Domestic Com
merce of the Department of Com
merce, imports of gold Into the United
States in the fiscal year ending June
30, 1917, far exceed tne total of any
previous year.
The total movement of fold and sil
ver between the United States and
foreign countries during the fiscal
year involved $1,382,380,745. The Im
ports of gold amounted to $977,176,026
and of silver to $3,003,563. Gold ex
ports amounted to $291,921,225, and
silver exports to $78,279,931.
The net Imports of gold during the
fiscal year aggregated $685,254,801,
which is a noticeable Increase over the
net Imports of $403,7&).733 in 1916.
Net exports of silver showed an in
crease in 1917; but as silver is pro
duced in great quantities in this coun
try and is sold abroad in the same
manner as other commercial commodt
ties, an excess of exporu therefor has
no such significance as might be at
tributed to a simi'.&r movement in
gold.
FALLING MARKETS HIT
SPECULATORS IN FOWLS
CHICAGO, III. A falling market
has caught speculators in dressed
Doultrv in the United States with
more than . 51,000,000 pounds of the
cold storage proauct on tneir nanas,
according to local dealers, who blame
a bie crOD. disappointing volume of
exports and high prices for the con
dition.
The result is, according to the deal
ers, that in a last effort to dispose of
their stocks at a minimum loss,
frozen cold storage poultry, some of
It two years old, is now being sold as
fresh killed Iced stock by some of the
speculators.
xtmt of th suoDlles are said to
have been accumulated last fall at the
highest prices in history, in the belief
that European countries would flood
the market with orders. This has
not been done.
TtaAlera here assert that the specu
lators, by their methods, were respon
sible for an increase last iaii in
orices of from 3 to 5 cents per pound
on cold storage poultry.
GOLDS CAUSE HEADACHES
LAXATIVE BROMO QUININE re
moves the cause. Used the world over
to cure a cold in one day. The signa
ture of E. W. GROVS is on each box.
Manufactured by the PARIS MEDI
CINE CO., St. Touis, U. S. A.
n
THE
N RULING PRICES
NEW
Honolulu Stock Exchange
Thursday, Aug. 16.
MERCANTILE
Alexander A Baldwin . . .
C. Brewer A Co.
SUGAR
Ewa Plantation Co
I aiku Sugar Co
Hawaiian Agr. Co
Hawn. Com. A Sugar Co.
Hawaiian Sugar Co
Honokaa Sugar Co
Honomu Sugar Co
Hutchinson 8ugar Plant. -Kahuku
Planation Co. . .
Kekaha Sugar Co.
Koloa Sugar Co.
McBryde Sugar Co., Ltd.
Oahu Sugar Co
Olaa Sugar Co, Ltd
Onomea Sugar Co
Paauhau Sugar Plant. Co.
Pacific Sugar Mill
Paia Plantation Co
Pepeekeo Sugar Co. . . .
Pioneer Mill Co
San Carlos Milling Co. . .
Waialua Agr. Co
Wailuku Sugar Co
MISCELLANEOUS)
Endau Dev. Cr, Ltd
1st Is. Aa. 7 pc Pd....
2nd Is. As. fully paid...
Haiku Fruit A Pack. Pfd.
Haiku Fruit A Pack. Com
Hawaii Con. Ry. 7 pc A. .
Hawaii Con. Ry. 6 pc B..
Hawaii Con. Ry. Com...
Hawaiian Electric Co. . . .
Hawaiian Pineapple Co...
Hon. Brew. A Malt Co..
Honolulu Gas Co., Ltd..
Hon. R. T. A L. Co
Inter-Island S. N. Co....
Mutual Telephone Co. . .
Oahu Railway A Land Co.
Pahang Rubber Co
Selama-Dindings, Pd. ...
Selama-Oindings, (70 pc.)
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 Rtf untf . .
Haw. Terr! 4 pc Pub Imp
Haw. Terr. Pub. Imp. 4 pc
Hawn. TerKI, Sa pc
Honokaa Sugar Co., 6 pc.
Honolulu Gas Co., Ltd, 5s
Kauai Ry. Co., 6s...
Manoa Imp. Oist
McBryde Sugar Co, 5s..
Mutual Telephone, 5s ...
Oahu Railway A Land Co.
Oahu Sugar Co, 6 pc...
Olaa Sugar Co, 6 pc...!
Pacific Guano A Fer. Co.
Pacific Sugar Mill Co, 6s
San Carlos Milling Co...
Id Asketf
450
3 34'2
... 47',
.. 37H
194 21
103, l0'a
29'4 29',
54 55
...... 19
364 37'2
..... 27
20
7
1
74
2
44'2
16' 4
145
190
.... 19
.... 157Ja
.... 20
'Va 15H
.... 40
90
101
105 106
no . . . .
100
'
Between Boards: Sales? iv ins
230 Pioneer, 37; 20 Kahuku, 19.75; 30
mcoryao, lug; Ewa, 33.75; 125 SL
Dfnd. Pd, 15.25.
Session Sales: 5 H. B. A'M, 16.25;
5 Oahu, 29.75; 10, 25 Oahu, 29.50; 10
Ewa, 34.
Latest sugar quotation: 96 deg. test
7.52c, or $150.40 per ton.
UNLISTED SECURITIES.
Thursday, Aug. 16.
OIL
Li , , Bid Asked
Honolulu Con. Oil 4.60 4.70
MINING
Cal. Hawn. Dev. Co 10
Engels Copper Mining 6.75 &Vt
Mineral Products Co.. .09 .10
Mountain King Mining 22 2
Tipp. Gold Min. A Mill job
Montana Bingham Co. .49 .50
Madera Mining Co 43 .44
Sales: 13,600 Madera, .43; 500 Ma-
',44; 714 En8tl, W7'a; 4200.
4000 Bingham, .50; 1000 M. Products,
.09; 775 M. King, .24; 35 Engels,
6.87J2; 3400 M. Products, .09; 100 Ma
dera, .44; 2900 Madera, .43; 900 Bing
ham, .49.
Sugar 7.52cts
Henry Waterhoiise Trust Co
Ltd. Members Honolulu Stock and Bond
Exchange
Fort and Merchant Streets
Telephone 12C4
The Outrigger Clnb expects to con
tinue its "moonbeam' dances as soon
as the next full moon comes around
again. 'Under this plan a dance will
be held on that Saturday night ot
each month when there is a full moon,
(or the members of the club.
IN THE CIRCUIT COURT. FIRST
Circuit, Territory of Hawaii In
Probate At Chambers, No. 5120.
In the matter of the Estate of John
D. Holt, deceased.
On reading and filing the petition
and accounts of Harry H. Holt, admin
istrator of the Estate of John D. Holt,
deceased, wherein petitioner asks to
be allowed $719.00 and charged with
$1117.65, and asks that the same be
examined and approved, and that a
final order be made of Distribution of
the remaining property to the persons
thereto entitled and discharging peti
tioner and sureties from all further
responsibility herein.
It is ordered, that Friday, the 21st
day of September, A. D. 1917, at 2
o'clock p. m. before the Judge presid
ing at Chambers of said Court at his
Court Room in the Judiciary Building,
in Honolulu, City and County of Ho
nolulu, be and the same hereby is ap
pointed the time and place for hear
ing said Petition and Accounts, and
that all persons interested may then
and there appear and show cause, if
any they have, why the same should
not be granted, and may present evi
dence as to who are entitled to the
said property.
By the Court:
J. C. CULLEN.
Clerk First Circuit Court
Dated the 15th day of August, 1917.
W. B. LYMER,
33 South King Street,
Attorney for Administrator.
6866 Aug. 16, 23. 30, Sept 6.
ahen Your Eyes Need Care
Try Murine Eye Remedy
Bethel Street
2
If You W ant
CALL
CASTLE & COOKE, Limited
General Insurance Agents
Fort and Merchant Streets
HAWAIIAN TRUST CO., Ltd.
Stocks and Bonds
Real Estate Insurance
Safe Deposit Vaults
Authorised by law to act as Trustees, Execu
tors, Administrators and Guardians
Enist
your surplus capital in
your own and your fam
ily 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, ntsr Queen
Transacts a general Banking
Business.
Invites year account and guar
antees safe and efficient service.
Exchange. Letters of Credit and
Travelers Chacka Issued on
principal points.
Cable Transfers
E. C. PETERS
S10 McCandiess Blda.
Honolulu T- H.
Stocks, Bonds, Securities, Leans
Negotiated, Trust Estates
Managed
Keep your
SAVINGS
In a safe placs. W pay Interest
BISHOP & COMPANY.
P. M. BURMBTTE d
79 Merchant St Phone 1848
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
819 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 2478 P. O. Box 951
JAPANESE SILK GOODS AND CURIOS, ECI0N03
AND EMBROIDERIES
SAYEGUSA
1120 NUUANTJ STREET, JUST ABOVE HOTEL
TRUSTS 'V
INSURANCE SAFE DEPOSITS
STOCKS and BONDS
REAL ESTATE LOANS
Phone 3646
Life, Fire, Marine
Automobile, Tourists'
Baggage or Accident
Insurance,
UPON
Alexander &i
Llmftsd
Sugar Facton
Commission Merchant!
and Insurance Agent
Agents for
Hawaiian Commercial ft Sugtr
Company.
Hafki Swat Company-.
Paia Plantation Company. '
Maul Aclwral.Coopaay. x
Hawaiian' BdiarcpaDy.
Kahttlul Railroad Company.
McBryde 8ufar Company. V
Kahullu .Railroad Company;- '
Kauai Fruit Land Co, Lid,-,
lionoloa Ranch. '
(LIMITED),
SUGAR FACTORS
COMMISSION MERCHANTS
SHIPPING AND INSURANCE
AGENTS
FORT ST, HONOLULU, T. H.
List of Officer, and Directors;
Vlce-Preald'ent ind 'sicritary
?A2r2X v,-rsldsnt
E. A. R. ROSS Treasurer
S'iiSSH Olretf
C H. COOKE Director
J. R. GALT Director
5 .??3KE Director
D. G..MAY Auditor
J. F. MORGAN CO., LTD.
STOCK BROKERS
Information f umlshed and Loans t
Made
Merchant Street Star Bulldlne t
Phone 1572 :
THE YOKOHAMA SPECIE BANK.
LIMITED
Capital subscribed... yen 4S,000,OOe
Capital paid up yen 20,000,009
Reserve funds yen 21400,000
S. AW OK I, Local Manager
FOR RENT
Electricity, cas, screens In all aourea
Baldwin
Fine 3-bedroom house; carafe; 130. 7
Neat 2-bedroom house in town; 1.21. ; "f
Maunakea St. rtore .12741- f t
Small furnished cotage for two, $15. v j
J. H. SCHNACK
842 Kaahumanu St. Telephone SI3S
PACIFIC ENGINEERING
COMPANY, LIMITED -
Consulting ret jnlng and Con ,
etructlng Engineers v
Brldges, Buildings, Concrete Strue
tures, Steel Structures, Sanitary Sys
tems, Reports and Estimates on Pro
jects. Phone 1045.
St
7
G
5

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