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TUB HAWAIIAN ST Alt, MONDAY, MAY 30, 1910.
Financial an By 3L. X. TIMMONS The Pineapple Products Co Ltd STATEMENT OF CONCERN ORGANIZED FOR. PURPOSE OP EXPLOITING ROTTLED HAWAIIAN PINEAPPLE JUICE, A SPECIALTY DEVELOPED AFTER LONG AND TEDIOUS EXPERIMENTATION WHAT THE COMPANY IS AND fc , INTENDS TO DO. ft. BULLET k GRAY'S SUGAR REPORTS The following is a stsilotnent issued by the ITiuvuihm Pineapple Company regarding the Hawaiian Pineapple Products Company, Ltd., recently organized: Tho Hawaiian Pineapple Products Company, Ltd., has been organ ized by the Hawaiian Pineapple Company chiefly for the purpose of manufacturing and marketing a now product, bottled Hawaiian Pine apple Juice, which Is being put out as an advertised specialty, liko Welch's Grape Juice, under the name of the President of the Com "pany, Mr. James D. Dole. After several years of experimentation we have at last developed, with tho aid of an expert brought here for tho purpose, a process by which we are able to turn out reflned pineapple juice absolutely pure, with perfect, keeping qualities and at the same time retaining all the natural flavor and aroma of the fresh ripe pineapple. k In view of the large and increasing sale of grape Jitlce, estimated at 700,000 cases per annum, tho marked advantage of pineapple Juice over grape juice as a beverage and the general trade comments on Its superiority over grape Juice, and further, in view of the instantaneous success we have met with In placing this pineapple juice on tho . N market both in the East and on the Pacific Coast, we have decided to fully equip a plant for the production of this product and proceed at once -with an energetic campaign for its Introduction and adver tising. For these purposes and for the prosecution of other activities of the Hawaiian Pineapple Products Co., wo are going to sell $127,680 par value i(6384 shares) of the treasury stock of the Products Company, at . a price of $18.00 per share. The other projects which tho Company proposes to carry on are as follows: , (1) To market certain medicinal preparations which wo expect .to recover from the pineapple waste. The experiments on this line are not yet complete, but have gone far enough to show large : possibilities. The chief article in question Is "Bromelin," tie di gestive and proteolytic property of pineapple, a property similar htp,, and for certain purposes superior to, pepsin, papain and tryp sin . Vo have already been able to recover this in a concentrated though not yet in a refined state. (2) To carry on In connection with the Hawaiian Pineapple Co. and on an equal division of profits tho packing and marketing of pineapple In glass. Certain processes .and machinery acquired by the Company and recent improvements in glass jar manufac ture will make this method of packing more feasible than in tho past, and prospects are encouraging for a fair-sized, though not large, business In pineapple packed In glass. (3) In connection with the above and connected with our securing for the Products Company the services as sales manager , of Mr. 15. R. Shaw, formerly sales manager of the well-known "Economy Jar," the Products Co. has acquired the entire property and business of the Hyde-Shaw Company, of San Jose, California, (Continued On Page Three) Wlllett & Gray's sugar report for May 12 contained vne rollowing con cerning raws: Tho European markets, which aro the leaders in tho sugar movements of this season, are now evidently un der the Influence of some uncertainty ag to tho sizo of the Cuba crop when completed. Tho weokly cable did not tend to confirm the views of those who are looking for a less crop than 1,700, 000 tons, although the grinding season Is rapidly coming to an entf; C7 cen trals were reported working Tuesday, against 9$ the previous Tuesday, but a private cable of yesterday reports only CO centrals now working, with Vfiry heavy ralus falling. Guma-Mojer figures of total produc tion in Cuba to May 1st are at hand and Indicato crop result as follows: CUBA CROP. Tons. Production of entire island to April 30 1,412,013 Visible increase samo time In 1910 , 219,779 Production In 1909 to Apr. 30.1,192,204 Total crop, 1909 1,513,532 Received to April 30 1,192.2011 REPOR TS OF A B ST T AMERICAN SUGAR MR. WHLDRON IS EARNING POWER Ml ROM COS T BOSTON, May 12. A local broker- Tho trade review of Bradstrcet (Now ago house calls attention to the fact York), May 21, contained tho follow- that since organization, over 18 years' lug: ago, tho American Sugar Refining Co., Trade reports, except In the North- has paid an average dividend of 9.C, west and on tho North Paciflc Coast por cent on tho common stock. For, will show little gain In activity, and th0 past 10 years the dividend has Fred I.. Waldron, president of tho Merchants' Association, returned by tho Mongolia this morning from San Francisco. Ho looks well and re ports having had a very anjoynblo trip, although tho Coast onS of It wa tn,ioPii tn onmo itnoo nnMi W tPvH'n been maintained nt 7 ner cent, yield-,'1'" ul ",IB""-aB- manufacturing, further curtailment is ins on th0 present price 5.C per cent.' ln fan Fimicisco Proro was under discussion. U Is probably true, The largest dividends were paid in , "rough to boar upon Mr Wnldron to however tho evidences of crop and the period from 1892 to 1900, when tho ' Merchants Association or weather 'im SiSmo too afc in rate was cut, owing to losses Incurred llZSSZ oS the week to bo equally reflected In the durln the famous "sugar war," with sco a Uto P oi or , hJOJ wonlt's rpnort. In lnrco Industrial ine AruucKtcs. bincc tno compcu- - - contors. nartlpularlv of the East, im- t!on ceased, howevor, it Is believed , lnK thereto, . flinf llm nnrnlnn-a nf Htn AmnHpnti Rll provouiuni is nui iimunusL-,. hiu kj n,invc.,iinnf Thin the quieter tone of many lines or mo gar Company show a largo a percent- , to record evidence of further curtailment U ago for the stock as they did in the Un operators points to other cause, than early years of tho company's history, , ho approved by the Association with- backward weather having been opera- According to tho last balance sheet out n- , r(V1Bf wn, ,..,, tn' tivo in holding back demand. published, it Is estimated that there! Business on tho Coast was found to Son -o free assets-above the par valuo.be very good for this season of tta. .... . . ... nf Mm atnnlr nmnnntfnir to SfiR a Share J'ear. sun active, prominent, in um.se ue... - - r ..! M,- Wni.lmn ctntnn' hn was ready Mr. Waldron took a chance and telegraphed Prlnco Kuhio Received 1909, after May 1.. 321,318 n. ...ui. .t..t,n.,if on the 145.000.000 common, part ot and othe-r kindred lines. There is which may be distributed In the shape to tackle ami nvin-nrn Wovpr that uitu-lpv- of an extra dlviaend, whenever tho question, affecting intcr-tsiami Miip still ovlaence, however, that .umupH rc. ping, and the matter of prices charged tlons as to the spring-trade were key- directors deem It . pro, er . Th o re . onco wh(jn ml tno hich. Summed up. trade as cent cnanges in mo u""' , ..... , well as speculation seemed to bo in a bring this about In tho not distant ru wntttntr atnirfl. Pondinc a dearer turo. ' view of the ultimate crop situation, the tBnnfittlo is to nostnone Mfi'c rom- AUTO 'BUS POSTPONED. ,imn0 Hoverai unngs uiniieucu wus Received 1910 to May 1 1,412,043, .. ' . . .n nn. ofpft1 lm. In (0 caus0 postponement of the I 3 Cll I nit; It l 111 liwn uv.-. u-- .proved, particularly in finished lines, starting ot tho now auto mis service Indicated crop, 1910 l,733,3bi I vh,ch fee, Ule Impulse of betto- try- for tourists. It was planned to havo Informed that a meeting of the Mer chants' Association had already been decided upon for tomorrow afternoon to act upon these matters, ho ex pressed himself as well pleased. There aro fewer centrals now grind-1 . .,. . ,.,.. ,. moph ti,n Moncolla at 8 o'clock an ing than at thls time la-st year, but, furthor"hea;y contracts for steel and take a party ot strangers around promotion committee yesterday Now comes tho proposal ot G. G. lanileson of Alametla, California, for aviation meet in this city. Tho rc- from western agricultural Im- town. But tho steamer was late andelved a letter from Mr. Jnmieson, to bo given over, uaieu .uuy i-, uhiuuh ii io uuuiuu,u this scheme had lm InT-loUilrt efnnUca nf omrnr linlfl nn .... ii, , . 1 UUTB pianiauons are ueiievuu iu uo '"'B"!,,,, than usual. I Business failures in tho United States Then tho rain started in, and' reports would support tho bringing of an a- It is evident that our maximum es- ' k on with Mny J0tll from tho vnUoys l)0,nB of very bad i viation meet being one of tho "great- Hmnfn nf 1 7K(1 nnfl Inns outturn TnaV I . . . n.i, .. .. . 11. ' not Mtlurro . linnet n ,HV11 " u. v '. oor. nntiiot sit; inst weeii: aiy wnat nor. tno oneniiiK ui mo bui viuu . yei oe reacnea unless Beumi ,iA ,, .,. nf long. ?S4 In 1008: w.n nnstnoncd until tomorrow. Ill tiiu iinv - - J. 1 1 MnMHnlllnn. llm f I J SPI. Ill IIIllIIt'lllitLUlV. JC3I1111K, LllU w- i .. . icr. in innT nnn' 17 in r.Miii. I r , i operations n Canml for tUo mTxffaaaai it 'week numbered. nineteen, which com- Hijr5H2132nlGat2can2n maining centrals to- cease for tho season. WUu u, u. " Jnares with twenty-four for last wceit n lows: inula continues reset, ing ,uvu ,n U)c corrcsIlon(,ing Ciun annuls iiuc iuhuiiuu iiv which adds somewhat to available week of last-yaar. Miuilnn- Flnurl exports supples for the United Kingdom, pos--I - Canada . nvinntF onnctnn tma? Tirnztl Jrom. l0 umllu , . AT THE THEHTEBS eluding Rose Sthal, whero It repeated its phenomenal success. Being tho llrst tlnio that this play has ever been presented by a stock . S2BKSlSH2IJ22ZE3aK!iSSBSBS3SB j company theater patrons of Honolulu j I should welcome the opportunity to .i, 9-wssn4 this Tho sketch wnicn uio jiopuwi w seen. sent to London ln the entirety, in- .,;! -vtnv mtli. nc- and Demerara report heavy rains, do-,"' -t l- lnr ,lnmm whlnl, mnv rPsiilt tn ra-tti-. 8euuJ . or smaller crop than anticipated; Aus tralia and Hawaii both indicate small, wcek a J'car ag, For the forty-six medians Mayo and Howo who aroj Mr. McRao looks upon tho trip ta NOTICE OF SALE OF GENERAL LEASES OF PUBLIC LANDS SITUATE IN KULA, MAUI. At 12 o'clock noon, Monday, Juno 21st, 1910, at the front door to tho Capitol, Honolulu, there will bo sold at public auction under provisions ot Part V, Land Act 1895, Section 278 285 Inclusive, Revised Laws of Ha waii, general leases of the following described lands: (1) All those portions of tho lands of Walohull and Keokea, lying below tho government road and extending to the sea, containing an area of 10, 2G4 acres, more of less, and classed 'as 'pastoral land. Upset rental $1,- 028.00 per annum; payable semi-annually in advance. Terms of lease, 21 years from May 1, 1911. (2) All those portions of tho lands of Walohull and Keokea, lying be tween tho homestead tract and forest reserve, containing on area of 1,300 acres, moro or less, and classed as pastoral land. Upset rental $135.00 per annum; payable soml-annually in advance. Terms of lease, 2i years from May 1, 1911. ' Tho Lessees will be required to construct a lawful fenco along tho up per boundary of tho first mentioned land below tho government road, and along tho upper boundary of tho homestead tract, and along tho lower boundary of tho forest reserve; tho said fences to bo maintained ln good condition until tho expiration of tho term of these leases respectively Tho Lessees will bo required to nlanf, maintain and havo ln good growing condition on tho mauka tract at tho expiration of tho term of tno lease of that tract, no't less than 130, 001 trees, tho trees to bo planted in groups or groves. Tho general plan of planting and protecting tho proposed groves to bo subject to tho approval of tho then Superintendent of Forestry of tho Territory of Hawaii, or such other of ficer or officers as may succeed to his powers or duties. Condition regarding tho withdrawal of any of those lands for reclamataion settlement or public purposes, will bo embodied ln each of the ahovo leases Tho purchaser to pay cost ots ad vertising. For mans and further particulars, apply nt tho ofllco ot tho Commission er of Public Lands, Capitol Building, Honolulu. MARSTON CAMPBELL, Commissioner of Public Lands Dated at Honolulu, May 14, 1910 Dts May 21, 28, Juno 4, 11, 18. ts, May 21, 30, Juno 4, 11, 18. GROCERS TAKE UP THE SUGAR TOPIC NEW YORK, May 12. A large de legation of New Yorxors will leave on a special train May 21 bound for the annual convention of the National Wholesale Grocers' . Association at Louisville, May 24-20. In addition to routine business the grocers will tako up a special topic that Is expected' to arouse considerable Interest "Tho Present Distribution of Reflned Su gars." Prominent members of the New York trade will be among the speak ers. TO REDUCE SIZE OF MONEY Both Cuba and Louisiana have been i-m'."" . wooks ending May 19u. exports were playing a very successful engagoiuont j mio In tho naturo of a vacation coin nt tho Novelty Theater, will present bined with pleasure. Ills clover com- ....... i P ,l.nrn .t.ltni.lnno. In the corresponding poriod lasc tins evening, unu ui w,bu.u..o , ly funny satires on tno woman a aiu G . Dun & frago question, which Is at present be reported as ing agitated all over the world. All women who aro Interested In tho taking tho question, "should woman bo allowed 003 year. On the samo date R Co.'s Review of Traa'o follows: Tho trade movement, Influenced unfavorably by the weather, affecting next crops. Tho American and European beet crops estimated, sowings aro being re duced; the Amorlcan Is short In some annus, iirtiiiuiimwy iu uiuiauu, ... . . ,,- ,nrn. . ... n-l,t Hnn this f.innv 1L ((jlIIlLlY IH iL W JiUli;. UHKMtMV" I - IW VJ I ----- - year. The European beet crop private es timates are now reduced to 5 per cent, against Licht's estimate of 7 por cent excess of sowings over last year convention countries. Unfavorable weather recently check- ;verjr er sowings. A short seed supply ls,fecllnS somo th,at, C"?," aro making a big hit with their banjo . That there iq in all markets and par- fnvco ami should also bring their hus- ticularly In tho security market much i,n,i8 ns there is a strong moral 'disappointment that tho extravagant si,0wn In tho llttlo play, worked out 'expectations at tho beginning of tho in a lnost humorons tnannor, a good ,. fn'year are not being fulfilled Is boyond csson for both wives and husbands, it tor i .. .... 14 l n . .... question anu tins ieouug rusuu " anu actcd by tlieso clover artists in conservative attitude uy uotu tllcIr hQ!it comc,y niothod. , traders and consumers. I'nero ts a McGrath and Page tho musicians also restricting necessary resowlngs. , oparablo rom a period of wor d- play,ng Elsewhere we give the latest develop- I 1 ( nmn IninnWnnt PflU ll til Q t T1 Ptl t S .lIUl mpnto In RqsIa '"K au'"u ments in ifsstn. ' tho disposition is to wait for develop- Busines hero early in the week luu u,Dl uo' ' under review includ'od spot and near,0""; t , , , . . . mnrn arrivals of Centrifugals, .at basis or j. "" '-'" 'n n " ' ed tho Bonlno theater for this evening 4.30c. per lb. landed. optimistic as a result of roado de., BENEFIT AT BONINE. Tho officers and men of tho Portu guese cruiser San Gabriel have rcnt- For shipment quotations have ruled tna-nd for finished products, nccom- 1 1 1 .. 1 ,1 I 1 f,... tUrx lnn..(l, .... t Intnrnct In nil? " l"u at 3c. e. & f. for May and 3 1-lGc c. i'" " ',, "' f . .,, lnt of tho Portuguese A Patria socloty. ft f. for June but without transactions.; s marked, Tho entertainment will begin at 7.30 A month later out reflnors will have , 'J m R. rMter wI1HnKnCBH to o'clock. Admission will bo 50 cents absorbed present largo supplies an-l, requromontB( lnflulry b0. for reserved seats, and 35 and 25 cents uu u.i;u., , DHm1n,, ,1V thn ,,,, nriCpa ml0t. ,to oilier pans oi uio nouso. TF f.-n v imrtrnimnmnf nninnit in lift o ui'v j WASHINGTON, May 13. A reduc- niean(mo js must emanate from furth Most ProdcorB r0B0 2a er improvements In Europe, which are l J"""?- , 7Z UUg UU1IIO Ittwok .1 ... tion in tho sizo of tho paper money of the United States will bo made tr Secretary of tho Treasury MacVeagh accepts the recommendations that will bo made to him within a fow weeks ny ' a committee of Treasury officials ap pointed' to Investigate this and other proposed reforms. Tho object of tho change Is to sup ply tho country, with a sizo of currency moro convenient for handling nnd tn savo tho government 150,000 a year In paper and engraving. Tho now sized banknoto to bo rcc- ommonded is about three-fourths as largo as the notes now ln circulation. An experiment of tho advantages of tho changes has been mado with the Phlllpplno Island curroncy, which is about threo-fourths the size of tho Amorlcan banknote. BUSINESS HOLIDAY. Danks, trust companies, Stock Ex change, public offices and business es tablishments gonerally aro closod today owing to tho Memorial obser vances. So far as known there havo been no stock transactions on tho street, quotations romalnlng tho same. Fine Job Printing, Star Office. not now in sight. The U. K., however, took several Cuba Invoices this weok at 2.92c, 2.94c, 2.97c. and 2.98c. f. o. b. tho latter prlco for lato May shipment. Beet sugar In London reached tlw highest point of tho present campaign at 14s 11 1-4 d. for May, 15s. for Juno and August, but reccdea' at the close to 14s. 9 1-4 d. May and June, and 14s.. iu l-Zd. August, on a quiet market aftor tho first advance. Business In tho United Kingdom was suspended thoro for somo days on ac count of tho, death on Saturday, May 7th, of King Edward, and will bo fur- thor interrupted by tho funeral cero monies the coming week. .Tho dlfftrenco In parity of Centri fugals and beet continues largo, now 92 cents por 100 lbs. showing no an xiety concerning abundant local sup piles for United States, notwithstand ing that somo 75,000 tons Cuba raws and 3,000 tons Unltod States refined havo boon taken thus far for the Unit ed Kingdom and Continent. Tho recent offerings of Java sugars for July-August shipment wore at 13 1. 3d. c. & f. (4.01c.) At the closo stignrs on the spot pany havo worked hard and they nro glad to get tho rest and at tho samo tltno to sco tho world famous volcano. Tho seat salo for tonight's perfornir anco will bo at tho opera hoitso box ofllco. owing to tho fact that tho Bora stroni Music Store will bo closed all day on account of tho holiday. Seats can be ordered by phone. The Manna L,oa is duo from Kona ports tomorrow morning. Tho Mauna. Kca will sail for Hilo and way ports at noon tomorrow with a number ot passongers and a full cargo of gene ral merchandise. NEW ADVERTISEMENTS. AT THE THEATERS. Tho theaters had record nudlcnces East. Conditions appear moro fav-: ' ,.h orablo In finished steel lines now that to Sd buslnoaa. Tho Park, Empire tho railroads and agricultural' IntorostH ancl Novelty were overcrowded, each havo resumed active buying of equip- having to stop tho salo of scuts for niont . qulto awhllo; whllo the Art and Bo- The small measure of improvement n'no had all they could do. ln tho domand for cotton goods and ; yarns Is maintained and somo small' THE PARK TONIGHT. advances aro bolng paid, but prices Program at tno ran; uioaior aro Still so unsatisfactory that cur- ovenlng will include a numbor ot tailmont of production is lncroalng vonUi suggesting Moinorial Day, a- In cloth and yam. Export bttsinoss to mong them being a foaturo film on- tho Far East is dull, but tho move-, titled "Rally 'Round Tho Flagl" Tho mont to Australia and Manila has bexm Ibgons will prosont a clovorly con- fnlr. MR. MAY'S RELATIVES. Tho lato Tom May loft tho follow ing Immedialo rotations In thoso Is latnds: Frank nnd W. I. May, broth ers; Mrs. W. It. Baird and Miss i.iay, sisters; Alexander May, nophow; Mrs. Iljorth, niece. colved program and Carl Wullnor will appear in now fonturoB. Miss Mlnotto Rhodos, a clover ontortal,nor from tho , Royal Hawaiian, will roappoar. HAWAIIAN OPERA HOUSE J. C. COHEN Presents tho Great NICOLA and his original American company of mystillors. Ten Tons of elaborate magical apparatus, special scenic and electrical effects. Positively tho Great est Sensation tho World has over seen. SEE Nicola's Wondorful Hand Cuff Act; Mlllo. Sutton's Peerless Hypnotic Phe nomenon; tho Astounding Jnpnnoso Water Production; tho Beautiful Illu sion "Tho Astral" Brido; tho Meta morphosis of a Doll; tho Enchanting Throne of Dlhl. 100 OTHER STARTLING FEATURES and a Big List of World Renowned Variety Entertainers Tile same big company that croatort such a big sensation all over America and Europo. '.One Week Starting Tussday, May 31, Tickets on sale at Bergstrom Music Store. THE CHORUS LADY. Tonight the Henry McRao company will offer Rose Stahl's groat success "The Chorus Latly." This play will d'&0veMeCf4ffl4G'&a;c4y4 , ho glvon tonight only, ns tho company woro disposed' of nt 2 7-8c c' & f. for sail, for Hilo on Tuosday whoro they Cubas, ntl at Its equivalent, 4.21c, for wi'l romnln for flvo days, returning Porto Rlcos, basis 9C deg. tost, re- hero a weok from next Saturday and dttclng quotations. OCc. , oponlng with a niallnoo In 'The Cho- rus Lady." Fino Job Printing, Star Ofllco. This play Jumped Into instant favor Sugar 4.27c Beets! 14s, lOd Henry Waterhouse Trust Co, Mombors , Honolulu Stock and Bond Exchange. FORT AND MERCHANT STS. TELEPHONE 7 JO