Newspaper Page Text
HONOLULtl STAB-BULLETIN; FBIP AY, NOVEMBER 21917, '
FOUR mm w -rm m w m m 35ffo&Sl Oriental Goods ' ; , . :; ' just received ' ;". MANDARIN COATS, KIMONOS and ladies clothes of Oriental pat terns. Many silk lines.; --V ODOSHOtENl Hotel St., near ITuuanu aM.MEJi;CML new. -All Your Lamps Should , Be Westinghouse Mazdas ;;" Buying a single carton and making the lamps go as far as they will Isn't enough. It's only the beginning of economy. " To bring your lighting bill down to the minimum, you must h:ve a Westing ho use Mazda In every socket. Besides giving you the most light for fhe money, they give you the very best light obtainable. : Send for our lamp man, to tell you, free of charge the size and . type to use In every room. ; ; ; V : :". Th e Hawaiian Elecbric Co., Ltd. - LIGHTING SPECIALISTS ' BY BIG ROBLEM Service Banking service in both domes tic and foreign fields is offered by this Bank, which is equipped to handle your .business in a satisfactory and e ffi c i e n t manner. . " The FIRST NATIONAL BANK ?z&tO$; HAWAII Method Beirfg Worked Out for Handling Output Violates v Sherman Law BOSTON, Oct. 10. Copper produc ers have worked out some of the . de tails of a pooling arrangement for the proper distribution of the country's refinery output, and further develop ments are looked for this week. A committee headed by Joseph Clendcn in, chief of the sales department, of the American Smelting and Refining company, has held numerous meet ings. It is expected that when the committee dealing with copper' distri bution has been fully formed it will contain a representative of the war industries board and will have a f ull powers to decide on priority of orders. The hew departure in selling copper is the natural outgrowth of war condi tions and the establishment of one price for all consumers, whether gov ernment or private. The producers know that, in view of the war de mands of the Allies, there will be a tremendous pressure upon output in the nextix months if the majority of consumers are to be supplied. Some of the big copper men made no secret of their belief that there cannot pos sibly be enough copper produced to go around. The United States govern ment is to get all it needs, the' other Allied governments are to get what tbey need, and then the metal remain ing will be apportioned out among the consumers who are working on gov ernment orders and do not have-their supplies arranged for by the govern ment agents. After these orders are filled, the manufacturer of goods not necessary for the prosecution of the war will be attended to.. ; It was learned in the copper trade yesterday that practically no ship ments of metal from the refineries on other than government - orders Jbiad been made since October 1. While the price of 23 1-2 cents a pound for cop per for all deliveries has been estab lished, little if any business has been done on this basis except in behalf of the government. Sales of reclaimed copper metal obtained by melting down scrap have been reported , for some days past at prices ranging be tween' 26 and 27 1-2 cents a pound and a fair amount of copper has been resold by holders of old contracts at corresponding quotations. As the government's rulings on prices have been interpreted, only producers of primary metal are bound so far to stand by " the 23 1-2 cent quotation, and this is the reason manufacturers with urgent needs to fill have been able to get small amounts of copper from the outside sources. j The method now in process of evo- peyisecS U pseft '-. ' At 12 Noon at the offices of James F. Morgan & Co. E3ew llofls and 'Prices Take your family to see them on Saturday or Sunday afternoon. Lot number and price is on each lot. Prices range from $300 to $3000. Areas range from acreto 4 acres. Our auto goes up daily. frnm.,,,, .. mm .... .1 ,, , u. Ml-, i , , ,..., , ., . , , , ,, , ,a HONOLULU AUCTION ROOMS CZ2 lution ; for handling the country's' copper- production "steps flatly upon " the Sherman Iaw. The exigencies of war have necessitated the practical abro gation of the famous statute for : the time being, and copper men are won dering whether some lasting effects will nor remain after; the war; The pooling arrangement for domestic and foreign husiness comes well within the class of business phenomena ' which the courts frowned on severely not so long ago. . It is hardly to be expected that a copper pool for home business will be tolerated when the s war ends and the need no longer exists for a careful apportionment of supplies, but a pool for foreign sales is another matter. . , . :- . Before the United States-entered the war a bill was up before congress having as Its purpose the legislative sanction of cooperatives agreements between exporters for sales abroad. Copper producers had high hopes that they would be permitted to control the tonnages and prices of metals sold to foreigners, and now they have the opportunity ahead of getting practise along this line. As the manufacturers ot brass and copper goods in England, France, Italy and Russia, who are doing-war work for their governments, will make their purchases through the American war industries board and the copper-committee they will learn the possibilities of a controlled copper market in this country. ' The after-war market is, however, a matter which is receiving secondary consideration among copper producers just now, The economic problems con tained in the fixing of one price to all buyers are enough to keep them busy for some time. "The vital matter," says the Engi neering and Mining Journal, in discus sing the- situation, "is the reiteration of the theory of one price for all and the threat of force unless it is granted. It is said that the producers agreed to this. We may imagine their assent as being given while they were under duress.-They could readily agree to keep copper out of the hands of spec ulators, for they do that anyway, it having been an ancient policy of lead ing producers to sell to none but con sumers. But how can -they give cop per at the same price to everybody if they have not the copper to give? What is the manufacturer of electrical apparatus, of lamps,cf pins, of tacks, of rivets, etc., going to do if he asks for copper at 23 cents and is told there is none for him? Some in Unfortunate Position "Suppose he says that he will give 24, 25, 26, or even 30 cents if some can be diverted to him, and the producer replies that It cannot be done else his mines will he seized. But suppose the consumer goes to a seller of copper from mines, in Cuba, Peru, Chile, or Spain, what will Washington do about seizing those mines? Or suppose he goes to a seller of copper reclaimed from scrap and there are no mines to be seized? How are consumers who happen to be oversupplied going. to be prevented from reselling at their own price; Fortunate will be those manu facturers who have provided for their requirements by .average v price con tracts. Unfortunate will be those who have contracted to deliver finished goods at. prices based on the quoted price for copper and have not provided for their raw material; "The government did not need any promise from the producers that they woul I. maintain maximum production. They would not be so unpatriotic as to curtail production out of pique, and they would naturally produce all they could so long as they "did not incur loss. Let it be quoted,, however, that the negotiations, studies of cost, etc., have been confined to the large pro ducers and have taken no account of the Position of the scores or hundreds of small producers whose copper, con siderable in the aggregate, passes through many hands. "They are supppsed to follow the lead of the big fellows. The question is: Can they? And if they cannot, their men will not necessarily become available to the more economical pro ducers, for the latter may not have the plan in which to use them. The wiseacres who figure the margin be tween market price and bookkeeping costs overlook that what seem like stupendous profits have gone to a large extent into plants to supply t c increasing production that is required and that such outlay may have to be amortized 100 or 0 per cent, which makes the real cost of production a SUGAR 2 LBS i FOR FIVE CENTS NEW YORK, October 19. Scarcity or sugar, caused ' considerable concern in; New .York, today, resulting In a conference between the newly ap pointed Commissioner of Markets, Dr. Henry Moskowitz, a sugar - refiners, wholesalers and retailers. r o - In some : of the ' poorer sections of the city as high as 15 cents a pound was paid for sugar and there were bur few places where it could be bought for less than 12 cents.; Investi gation disclosed that some of the large wholesale grocery stores had' none left In their warehouses;, and, many retail stores was forced to paste "no Kliarar" rsigns on their windows to keep away luc us oi woum-De purchasers: i ne menu card of a leading hotel today contained, this note: "Sugar, two luuips, o cenis; powdered, 10 cents a portion." .; r':':;- - It was announced, however, that the price of tea and coffee would be re duced and that maple sugar, or syrub vu ue servea iree wnen desired. James II. Post, chairman of the American refinery rOmmiftA nt th Federal Food Administration, said to- uay inai , me sugar shortage 1 is only temporary. Silvan Stix. president "nt tho vw0. sale Grocers'. Association of this city w.u wiuunasiuaer MosKowitz that all "iH.inree retmeries in the vicinity of viijr iiaa oeen xorced to close. Honolulu Stock Exchanae Friday," Nov. 2. MERCANTILE" Alexander & Baldwin C. Brewer 4. Co. .;. SUGAR , Ewa Plantation Co.' .... Kaiku Sugar Co. ....... Hawaiian Agr. Co. Hawaiian Com. & Sugar. Hawaiian Sugar Co. . , . . . Honckaa Sugar Co. . .... Honomu Sugar Co. Hutchinson Sugar Plant.. Kahuku Plantation Co. . . Kekaha Sugar Co. Koioa Sugar Co. . McBryde Sugar Co., Ltd.. Oahu Sugar Co. Olaa Sugar Co Ltd.;... Onomea Sugar Co. ..... Paauhau Sugar Plant. Co. Pacific Sugar Mill .... Pala Plantation Co. .... Pepeekeo sugar Co. .... Pioneer Mill Co. San Carlos Milling Co... Waialua Agr. Co. ....... Wailuku Sugar Co. ..... MISCELLANEOUS Endau Dev. Ca Ltd. .... 1t li. As. 7 pc Pd.... 2nd Is. Aa. fully paid... Haiku, Fruit A Pack Pfd Haiku Fruit & Pack. Com Hawaii Con. Ry. 7 pc. A. Hawaii Con. Ry. 6 pc. B. Hawaii Con. Ry. Com.... Hawaiian Electrfs Co. Hawaiian' Pineapple Co! ! Hon. Brew. & Malt Co.. Honolulu Gas 'Co., Ltd.. Hr R. T. d L. Co .... Inter-Island's. N. Mutual Telephone Co. s. . Oahu Railway A Land Co. .Pahang Rubber Co. ..... Selama-Dindings Plant.. . Selama-Dindlngs, (70 pc.) Tanjong Olok Rubber Co. BUNDS Beach Walk Imp. Dist... Hamakua Ditch Co Hawaii Con. Ry. 5 pc... Hawaiian Irr. Co, 6s Haw. Ter. 4 pc. Refund . . Haw. TerrM 4 pc Put) Imp Kaw. Terr. Pub. Imp. 4 pc H?w. Terr'l 3,a pc. Honokaa Sugar Co., 6 pc. Honolulu Gas Co., Ltd, 5s Hilo Gas Co. 6 pc Kauai Ry. Co., 6s Manca Imp. Dlst. 5 pc. iVtwryde Sugar Co., 5s.. Mutual Telephone 5s .... Oahu R. &.. L. Co., 5 pc. Oahu Sugar Co., 6 pc. .. Olaa Sugar CoH 6 pc... Pacific Guano & Fer. Co. 9 i 2S0 31J4 40' 43 :4H 1 m 30 84 55 34 25 40 192 40'2 19?4 ...... 1 19 152, ' 37 97 100 101 97 Pacific Suaar Mill Cn 1 j:m. , ... - . . .. i - very umerent tiling rrom wnat it ap- San Carlos Milling Co jais on uootts Kept in me orurnary way." 100 Gigantic Sale to clear a wholesale stock of RUGS and CARPETS AT THE HONOLULU AUCTION ROOMS; ALAKE A STREET, NEAR KING, HONOLULU, WEDWESDAY NOVEMBER 74hs AT 10 O'CLOCK, WE SHALL SELL BY PUBLIC 'AUCTION Four Rolls Cocoa Matting, 10 Rolls Grass Matting, and 4 Rolls Velvet Runner As Follows in Part: . - ;; . . ANCHOR, COLONIAIi, MANOR, PALISADE, AXMINSTER, KATONAH RUGS YONKERS AXMINSTER, ARDSLEY AXMINSTER, HIGHTOWN AXMINSTER MATS .HUDSON -RUGS, DIXIE WASH RUGS r DE LUXE GRASS RUGS SOUTH SEA GRASS RUGS AND MATS CREX GRASS RUGS AND MATS (all sizes) WAITE GRASS RUGS AND MATS (all sizes) CHINESE MEDALLION GRASS RUGS .. , :. . CREX RUNNER, 27 in. and 36 in. ; COCOA MATTING, 36 in. EXTRA, COCO MATTING, 36 in. P. U. COCOA MATTING, BLUE BORDER, 36 in. VELVET RUNNER, 4 ROLLS IN TWO PATTERNS, Etc., Etc., Etc. ' ,: Ttis stock of Rugs is offered as being clean stockohiy, in finest condition, greatest assortment of patterns, in Grass, practically every size, style and pattern in Crex Rugs are here offered up to 12 x IS feet. r 'J: This is your opportunity to get Rugs at very low wholesale prices, and you may be assured that you will NEVER GET SUCH A CHANCE AGAIN in Honolulu., ' -HONOLULU AUCTION ROOMS., , ; J. S. BAILEY." : " lisMSTORE The Boston Store was thronged to the doors yesterday and most people went out wit!i a smile looking at their large parcels and saying to themselves what amount they had saved by buy ing there. At 9 o'clock the place filled up and there was a jam of humanity, such as never was seen before in any store in this Hty. Come along today, afnd our counters are filled with new goods for you all at a bargain. ' LANAI PLAYERS SALE OF TICKETS Between Boards: Sales: 80, 10, 15 Ewa, 31.25; 50, 10 Waialua, 24; 35, 5 Pioneer, .34; 75, 25 Olaa, 6.75. Session Sales: 5 Honokaa 4.1 2&; 5, 5 Honokaa, 4.25; 10, H. B. & M., 19.25; 50, 50, 10, 40 H. B. &. M., 19.50; 40 McBryde, 8.25. Latest sugar quotation: 95 deg. test, 6.90 -ents, or $133 er ton. UNLISTED SECURITIES. Friday, Nov. 2. ' Bd A$ked OIL. Honolulu Con. Oil... . MINING Engels Copper Mining Mineral Products Co. . Moutain King Mining Montana Bingham Co. Madera Mining Co 4.00 4.25 6.00 .07 .08 .43 .29 6.12!'2 .09 .10 .49 .31 The subscribers will find their tic kets in envelopes addressed to them at the Laniakea at their convenience, or these will be held fbr them at -the door on the evenings of performances 1 1 ; i n la is more convenient. unecKs to be made but to Mrs. Isaac Cox, treasurer. Thp directors of the thea ter may. be found at the Laniakea every afternoon from 2 to 5. Orders for seats will be received by the box office, Laniakea, Telephone 2754, or the diagram of the theater can be seen there at any time from 9 to 5, or later by appointment Adv. . V T:: ' ..f.. A charter w filed at Albany, N. V. : ty the Cassady Oil Corporation ; Sales: . 500 Bingham, .50; 500 Ma dera. .31; 400 Madera, .30. Sugar &90cts Henry Waternouse Trust Co, . Ltd. Members Honolulu Stock and, Bond J Exchange Fort and Merchant Street ; Telephone 1208 '":!- Straw ; Felt Forma : , All kinds of -Hat Cleaning T. OZU HAT STORE Opp. Love's Bakery, 1123 Nuuanu rV : - 'i f- Street. - :'. -: One . hundred sailors were detailed by General Bell, commanding the Na tional Army comp at Yaphank, Ll Uj to aid in New York city's Libert Sond 1 f F1 W. Complete information conebniing cltcct pf the new taxes and surtaxes on: individuals and corporations. Bishop Trust Go., . ' Limited Bethel Street Phone 3646 hlj A s . rr ff Sr HAWAIIAN TRUST CO., Ltd. Stocks and Bonds vv; Real Estate Insnrancs Safe Deposit Vaults ' " .... - . - i - ' I Authorized by law to act as Trustees, Esecu- r tors, Administrators and Guardians 13 liswitt Life, Fire, Marine, : Automobile, Tourists' Baggage or Accident Insurance, ;V:v'; CALL UPON .17? f K f. CASTLE&'GOOKE; Liraitec General Ihsuriaceento Fort and Merchant Streets your - surpliis . capital in your own; and your fam ily's welfare. Start a Sav ings-Account. I 4 Interest Taid' on Savings . - Deposits, .r' Bank of Hawaii, i Ltd. , i Fort and -Merchant o. mm a oo. (LIMITED) ' SUGAR "ACTORS -: COMMISSION MERCHANTS SHIPPING AND INSURANCE - r AGENTS FORT ST, HONOLULU, T H. Bank oi Honolulu Ltd. i Fort Street, near Queen , Transacts a General Bank jig Business. ; - Invites j our account and guaran tees safe and efficient service. Exchange, Letters of Credit and Travelers' Checks issued on principal points. f - Cable Transfers List of Officers and Df rectors: E. F. BISHOP... President G. H . RO B E RTS O N . . . . . ....i ' ': ' ; .Vice-Preslden.t-a. d Manager -Vice-President-ahefr Secretary 'A ftADTI TV Wi. 0.N..t lk vinn V mmm r V V . E. A. ' R. ROSS. .... .Treaiurer ' GEO. R." CARTZR.... Director C H. COOK-;. ...... . Dlr.ctor J. R. GALT. . . ... Director iiR.A.lCOOKE.v.V.;;iDlrector D. G.- MAY... ........ . -Auditor THE YOKOHAMA SPECJE BANK, . Y ' LIMITED. Capital subscribed . . .yen, 4 000,000 Capital paid up. .....yen S0.000.U00 Reserve funds. :. . .yen 22,100,000 S. AWOKI, ; Local 'Manager - - llGJiaiSEiGI'" Limited , Surar Factors s Commission ' Merchants a and Insurance Agents - Agenta for .awaiian Commercial & Cuzor Company ' Haiku Sugar C jmpany. ; I'aia Plantation Compaj. H ; Maui Agricultural Company. Hawaiian Sugar ; Company. . y Kahulul Ratlroaci Company. McBryde Sugar Company. T Kahului Railroad -Company. Kauai Fruit & Land Co. Ltd. Uonolua Ranch.! ,.'.. ': E. C PETERS J " I 10 McCandless Bldg. r Honolulu, T. H. - 5 Stocks, Bonds, Securities, Loans Negotiated, Trust Estates Managed .. Keep your. ; SAVINGS .. . : In a safe place. We pay 4 Interest BISHOP' & COMPANY' ' . P. H. BURNETTE - 75 Merchant St. . ; Phone 1846 ' ; NOTARY; PUBLIC ; Commissioner of Deeds California and New York Draws: Wilfs. Deeds,. Mortgages and ; all Legal Documents . ' . LUMBER Paints, Plumbing Supplies, Building Materials. Prices low. ., Houses built on instalment plan. Choice ; House Lots for sale t: - CTY MILL COMPANY, LT.'. Telephone 2478 F . O. Box 951 PACIFIC ENGINEERING ; COMPANY, LIMITED Consulting, Designing and Con. ! : structing .Engineers Bridges, Buildings Concrete Struc tures Steel structures, haniiary, Syi3. terns, i Reports and Estimates oa Projects. Phono .1045. . - - : - Insurance B. F. LTD. dillii:gham co.," PHONE 4915 Fire, Lifet Accident. Compensation SURETY BONDS Monevt()Loan Distillate Crude Oil and Kerosene )U RANT-IRVINE CO LTD. HOME INSURANCE COMPANY OF v HAWAII, LIMITED 816 Fori Street : Telephone 3525 l. F. MORGAN CO., LTD.- y-r'-:: STOCK BROKERS : ; j Information Furnished and Loans -: i;r.t ;Madt !; -' Merchant' StreetStar Building i Phone' 1572 ' , .; FOR -RENT Klectricity. gas, screens In all hoJ33 Neat two-bedroom house- In town, Z Small furnished , cottage for two, J15 Fine nev 3-bedroom bouse, . :.?.-H..scHr".c:: K ' cam Um twq dura, 145 Klna SL- -Phons 1SS224 K2