Newspaper Page Text
DAILiY UUlibMTIN : HOtfO.LU.LU, H. Ly; NOVEMBER 20, 1890.
J. N. S. WILLIAMS,
It. MOKE, ! :
Engineers & Iron Founders,
Office & Works, : Esplanade, .Honolulu.
if?- rJVTVT7inACr,TIIt331lW c-ij
Sugar Machinery, Irrigating Machinery, Steam Engines,
Steam Boilers, Juieo Tanks, Coolers, Molasses Tanks, Sugar Cars,
Cano Cars, Elevators, Conveyors, Furnace Fittings,
Wrought & CaBt Iron Work for House Buililcrs,
Water Wheels fe Gearing, Bar Iron, Etc., Etc., Etc.
Diffusion Machinery in all its Branches.
v"M . JT HHHH M VUlBenk
faE$f liJrwifct I..JrMfc rv
HMbafeBUfli3BHV Mk "A
Hutu AscntH Hawaiian KhIuiiiIh lor the
PELION WATER WHEEL I
Repairs of all kinds of Machinery done at rcaponablo jatce and
at short notice.
Special Bargains in All Department al
B. F. EHLERS & CO.'S.
White Dress Goods, in striped, at
10 cents yard.
Victoria Lawn, lOy piece, for 75
All colors Moiree Silk, $1.25 and
$1.50, formerly $2.50 yard.
All wool Plaids, reduced for 50 and
75 cents yard.
SOLD AT AND BELOW COST PRICE !
Dressmaking under the management of Miss CLARK.
Having removed our SODA WORKS to more commodious quarters at
No. S9 ir-OJRrJ? t&rr&tsuEfir,
(Near the Custom House)
We are now prepared to furnish at short notice, and of prime quality, any
of the fallowing High Class Aerated Bcvorages :
Flo, Sweet, Lemon, Merry or Cream Mi.
Sarsaparilla, Sarsaparilla & lion Water, and Grab
Using exclusively the HYATT PURE WATER SYSTEM.
HOLLISTER & CO.,
CASTLE & COOKE,
Shipping & Commission Merchants,
PXiANTATION &. INSURANCE! AGENTS,
Builders' and General hardware, Agricultural Implements,
Oarponters', Blacksmiths', Machinists fe Plunibore' Tools,
HCDUSE PWKNISHTNG GOODS !
Kjtplion'UloiiBilB, Pulntii, Oils, VarnlHliob, Lamp Ooodh ami
Pumps, mm cunrlfMHii,
llleoi I oibMj Willi
Embroideries, dress lengths, only
$5 and $7 piece.
Black Laces & Flouncings, at your
All styles of CurtaiiiB & Drapery,
Gents' Underwear, White Shirts,
Sock, Etc., Etc.
I i?M JJiBlljf
Unction Sales by Jamos F. Morgan,
AUCTION SALE OF
By order of the OAUU RAILWAY &
LAKD CO. 1 will soil at Public
Auction at Peail City,
On SATURDAY, November 29th;
AT 8 O'CLOCK V. .11..
A limited number of those desirable
BtiMiu Lots at Pearl City
The Company have expended 320,000
to procure au ainplo supply of pure
mountain water, resulting in the com
pletion of two large Hescivolrs with
Btonigo of neatly 2,000,000 gallons.
From a distributing Reservoir with a
capacity of 700,000 gallons, at an eleva
tion of 100 feet above sea level, water
has beou laid along Lcliua Avctiuo to
tho Peail City Depot in a 0-inch Cast
lion Pipe, from whleh water will be
supplied by the Company at Govern
The Company will bind Itself iu the
Deeds to cany purohaaris ami their
families and bi i vants by l.ill between
Honolulu & Pearl City
At I Cent Por Milo, 2d Ctacs
I 1-2 Cents Por Milo, 1st Clsss,
Dmlng a turin of i) years fioni tlie date
These special Rates of Pare will bo
transfoi able with the pioperty duiing
tin term named in the Oiiginal Deed.
Ti aius will always be l mi for reasonable
accommodation of residents at Peail
Oity. Trains will reach Honolulu at
G: 15 and 8 or 8.45 and 11:50 a. m,, leave
Honolulu for Pearl i ity and way Sta
tions at 8 :15 a. in and 1:15 and 4 to
4:30 and 5:15 to 5:30 p. in. snbjoct how
ever to such changes as may be from
time to time found necessary for tho
convenience of the nubile or business
interests of the t'ompauy. Evening
Trains will also be run whenever theio
Is a leasonablc demand.
BEAUTIFUL VIEW !
Those dcsliing lots wlicic the most
charming view can bo had from the
veranda of cottage or mansion, can
obtain lots fronting on Lcliua, Malic or
Woodlawn Avenues; this is a most
elmiming. location for residences, as all
agree wlio have tiken the trouble to
walk up Lcliua Avenue above the Ewa
Court House. As a health, resort, .a
better situation cannot be found. To
assist settlers, the following easy terms
are offered :
One-Third in Cash,
One-Third in 3 years,
One-Third in 5 years,
With Interest al 7 Por Cent.
Thus making it possiblo for the most
limited in means, to procure a fine
healthy resideuce. Distance is anni
hilated by railway communication, so
that people living at Pearl City will
reach Honolulu in less time than it
takes to come from Waikiki by the
ordinary means of travel, while the ex
pense for a person will not be moie
than live cents per day greater than the
piosent cost of ti:wl to Waikiki by
Now is your time to procure
Homestead & Business Lots at
At Pi ices lower thau they can ever be
bought in the future.
Don't Let Your Opportunity Slip
If you do you will live to quote the
"hind sight" sayings we so often hear
fioin peoplo who had a chance to buy
tho whole of Kulaoknhua Plains for a
soug, but they didn't 1 A woid to the
wise is sufficient.
FETMaps of 1110X013 cau be seen at
the offices of the Pacific Hardwaie Co.,
Hawaiian News Co., and T.'G. Thrum's,
and at my Salesroom, Honolulu, where
all fiuther iufoiniation can be obtained.
JAS. P. MORGAN,
084 30t Auctioneer.
BKOWN JLEGHORNS !
BKOWN Leghorn Cocke
rels forsaie, guaranteed
thoroughbred. Address "Ha
waiian Ostrieh Farm," Ka
piolanl Park; Mutual Teje
GOatf phone 325
ONE House and Lot on
Beictauia street, a few
lloni'R nlinVO till. A.i.in.i.
I' or particulars inqulic within.
A VERY Convenient and
Desitablo Cottage fur-
tllftlinil nr unflll'nlalinfl iiaam
.. .... W(, III.,. 1
tho old baseball ground at Mnkiki Ap-
38 Merchant sheet.
-MfcA A SUITE of Three Nicely
BSsEjm FurnlBlietl Ilonins, two
NBHhM bedrooms and parlor, 011
Punchbowl street near Palace Walk:
suitable for two singlo gentlemen.
Ml tf II. V. HEBBAKI).
STORKS TO LET.
'PWO Stoics 011 King sheet
I recently occupied by
m Air, uiiuh. iiuwnuo. to let at
limmtllllhld Ullllll). 1'iitmluna liiivu Iukmi
llioioughly lunoYtited, I'ougalon at
once, Apply to
AS. Willi IUK Willi II I
llllllUilllll imiktlllllllU llllll hill.
, llUKi" Hllli)
. 111ml' Kiihiiii
lillM' HMllll. lllWt lttiil, ' fin HIINIIII'
Illll.Ayi'lHin, (W W liml km . U!l)Ki
lilt 1 iii.l, I) im irnil ijifijep Jlu i'j
THE SUGAR TRUST FLOORED.
Two Receivers Appointed by
It Cannot Legally Hold tho
Fluuol' Kc-Orffau isr.nl Ion.
Bad Financial Showing-.Dlwldoncli Paid Out
ol Borrowed Monoy.
Urcat Fnll In CVrtltlratrH t
San Fiiancisco, Nov. G, 1890.
The explanatory statement put
out by the trustees with their plnn
of reorganization shows that the
Trust started with $10,000,000 loan
as working capital. $11,900,1152.50
was disbursed in dividends and 82,
750,000 for improvement of plant.
Analyzing tho liuanoial statement,
which consists of flguies bunched
together to make a good showing, it
is found that the Trust owed nearly
87,000,000 of loan on the 31st Au
gust last ?G, 774,005. 33 is tho ap
parent amount which proves that
S3, 225, 935 of the original loan has
heen repaid. It is clear, therefore,
from the small cash balance on hand
and the close figuring upon sugar
stock and hook debts and tho ab
sence of details of expenditure and
earnings tiiat at least Ave per cent
of tho dividends paid came from
loan and not from profits. And it
is noteworthy that no disclosure of
the condition of the Trust financially
has been made at the end of Octo
ber. The New York Herald which
has been the financial prophet of the
Sugar Trust heretofore, quotes "a
member of the biggest brokerage
house of the city" as saying, after
reading the hnaucial statement:
."1 should not be surprised to see
the bottom drop out of sugar to
morrow morning. The statement is
very bad. For instance, the first
surprise is that the ti ust has only
the insignificant sum of $G79,987 in
the treasury. It has been widely
rumored and nover contradicted by
the trust that they had about 7,
000,000 in cash. Another unplea
sant feature is the proposal to issue
$10,000,000 in bonds on a mortgage
which the plan declares to be neces
sary to perfect the reorganization.
These bonds, of course, will take
precedence over the 50,000,000 of
stock, which is not calculated to put
the holders of the stock in good hu
mor. Furthermore, the statement
shows that the trust has never earn
ed a dividend, and that the divi
dends have been paid from borrow
ed money. They borrowed 810,
000,000 when the trust was started,
you remember. They have paid
out just about that much in divi
dends and they have only a beg
garly SGOOOO' in cash on hand."
This seemed to bo about the drift
of all the intelligent criticism upon
the long awaited plan. Brokers and
speculators lingered around the tick
ers in Wall street offices long after
the closing hour discussing the plan
and the probable effect on the mar
ket this morning. The bears in su
gar seemed to be jubilant.
The Now York Herald in its fi
nance article October 81st, declares
that the Trust's exhibit shows that
it had not the money to pay the Oc-"
tobcr dividend of 2J per cent, which
required 81,250,000, whereas the
trust had only 8679,987 in cash on
Sept. 1st. "The 5 per cent cash
now proposed to be paid and which
is equal to the October and January
dividends at the usual rates is, it
seems, to bo obtained f'om the pro
ceeds of a mortgage of $10,000,000,
to be clapped on to the refineries."
In other words, the rcoigauizcd
trust is to continue paying dividends
from borrowed money, while the
managers divide any accruing pio
lits in salaries. The article goes on
to remark that tho investments and'
sugur stock represent the actual sur
plus, being 812,208,900, or about
two years dividonds at 10 per cent.
A more rotten or unsatisfactory ex
hibit has never beeu presented by a
The sugar certificates represent
such of the refineries as remain in
the control of the trust. It is noto
rious however, that tho American
Refinery and ono or two other mod
ern refiucries'havo beon withdrawn
from tho trust and are claimed by
individual members of that famous
or infamous combine. Tho plan of
reorganization withholds informa
tion on that point, although tho pub
lic which deal in certificates and the
holders thereof should certainly bo
informed as to what properties this
negotiable papor represents. Tho
men who have mado public confes
sion under oath to frnud in their pe
tition for winding up, invito certifi
cate holders to put themselves
blindly in tlioir hands again and
trust tlieiu in a new deal in tho cer
tificate of tho same lawyers as certi
fied to tho legality of tho original
trugt ilcod which tho courts pro
nounced Illegal and a frnud nguiuut
the Conmiomvoullli, Tliu pruuunt
lltlgution proves that nil corllfltato
ItohlurH uru not fools, mid tlmt lining
In n position to foiou a dlDtrllMition
ol tliu iinuijtb tlioy will tlo no iiml not
plauii the coiin)iiitoi's in 11 ioulllnn
wliuru uy mui iiiiiko awny with nil
Yllliluiro"Mily iiml m Hid ihiiI.
mm (0 HHinlilu with nil Willi l 1 uul 1
lliuplliiiof nwiikulloil In hv fuji
Tu lu Uiiiiteili)
HAMMERSMITH & FIELD,
US HUTTKlt NT ,
Hnn 1'rnnolnro, : t California.
Silverware, SUvor Jewelry,
Silver Mounted Canes,
Silver Mounted Umbrellas,
Onyx Mantel Clocks,
Gold Pens & Pencils,
lTlno Xjeivtlxor QuodH,
Reliable Goods at Reasonable
S&Cataloguc sent to any address frco
BfiyMail 01 dors promptly anil care
tDiamouds and Precious Stones
mounted in tho latest stylus.
Pearl City !
rj0 niei't the demand of the pub-
lie for an oppoitunity to visit
Pkaul Oity, tho OAHU RAILWAY &
LAND COMPANY have arranged to
have an Omnibus to meet each train
from Ilouolulu at Pbaul Oity Sta
tion every day (Sundays excepted)
fiom November lBth to November
29th inclusive; dining which time
Special Tickets will 00 issued at
Honolulu Station with coupon at
tached to cover the bus faie, at a
cost of CO cents each, for the round
trip, to aud over Peaul City and
rctuiu. The Company desire that
all intending purchasers shall have
au onpoi tuulty to see tho Lots of
feiedfor sale, and that they may
also see tho'provialon made for au
ample supply of Pure Mountain Wa
ter. The bus provided will take
people, all over that part of Peaiu.
Oity now laid out In streets. The
distributing reservoir full of water
eoutahls about 700,000 gallons and Is
situated at au elevation of 100 feet
above sea level.
The Company proposes to make
within a month or two another dis
tributing reservolr-about a half mile
farther up, at an elevation of 190
feet above sea level, which will sup
ply' water for all Lots above the level
of the pi eaent distributing reservoir.
The situation of the Lots above tho
100 feet olevation Is flue, aud tho
view of Peaiil IlAitnoR and the
sui rounding country is most charm
ing, but the Company want the
public to see for themselves, and
therefore make it possible for all to
do so, at a tillliug expense, and
with the least possible physical
S3?" Remember, thoscwho Buy
at'tho First Sale will s.ouro Lots
at a Lwer Price than .they can
be'bonght ut -ny future time !
B. F. DILLINGHAM,
General Manager O. It. & L. Co.
to mjm !
Of Hun VraiiclMru,
(Propiietorof the Itcilfern House, Mar
ket Stiect, under Palace Hotel),
Intends to remain in Honolulu for the
next threo or four months for the benefit
of hit) heal th, during which time ho has
concluded to open a
J3 -yA-lS tilWII MOE IN T.
Ladles wishing to havo their Fall and
Winter Costumes made will do well to
call at once toljccuic their orders.
Kid lug Habits, Genuine Tailor-made
Costumes, Traveling Ulsters, Jackets,
all thcLatcst Designs in
Promenade and Evening Cortumc,
1ST His universal reputation as a
Fitter and DiosHinaker is too well
kuown to need any further recommancl
atlon. He will guarantee pel feet satls
tlon. Cor. Fort & Hotel Sts.
(Over Temple of Fashion.)
Purchasers of Lots at Pearl City will
Please Take Notice.
'pilC Oaliu Railway A Laud Co. have
1 miido arrangement)) to deliver
lumber and all kinds of lliilldlug mate
rial at tliu I Vitil City Station at tho
regular Honolulu prices.
Those desiring to build at Peail City
upon land sold by tho Company plensu
call nt the Company's olllcu for further
II. V, PlIiMNailAM,
Uuuorul Malinger O, it, & I Co,
. . own
DUHINIJ my ahsjimuu ffiiitlin 1
11111U Mr. h, A, Tliniuloii imtt my
(nil iiowur of iiltiiinuy In iu for Him Hull
HiwiHiiiiiIiIii'(i, (iiiiii, m, HtmiN
will liu i 1I111 iiji-u luir.'Koil mill M!r
idm.vl mrw'j'i mill I h humiy inir
inn mi 111 In ho in tin u if: 11 1 11. '
FOK SAJtf FRANCISCO,
The Al Steamship
Will leave Honolulu for tho above
Friday, Nov. 21st,
For Freight or Passage, apply to
Wm. Q. IRWIN & CO., I'd,
710 lw Agini?
l'sr "S. S. Australia,"
At The Beaver Saloon
II. J.-NOgni, rropriotor.
ort Street House.
181 Fort 8trec,
Is the family hotel of Honolulu. All
the comforts of homo.
Booms with or without Board.
Board, per week, according to rooms
$10 to 812
Transient, per day $2 08
Singlo Meals CO Cents
KooniH liiirco. Light mid Airy. Hot
and olil ItatliH.
II. Iff. HKUltY,
701 2m Proprietor.
Hotel Ht., i Honolulu.
J. H. F1SHEB, Pi op.
Boaid and Lodging, per week, (ao
coidiug to location of rooms,..
10 00 to 912 00
Transient, per day 2 00
Table Board, per week 7 00
Singlo Meals GO
ear Visitors will And this one of the
most comfortable and convenient houses
in tho city, the rooms being large, light
aud airy. Hot and cold water baths.
I make a specialty of ropairing fine
Watches, Clocks, Jewelry, Etc.,
And guarautcc flrst-olass work at
moderate pi ices.
Hotel at., under tho "Arlington."
All orders for cartage promptly attciu cd
to. Particular attention
paid to tho
Storing, & Shipping
Of good hi transit to tho other Islands.
Also, Black '& White Sand
In quantities to suit at lowest iprices.
Jt" Oi'i'ioe: Next door to Jas. F.
Morgan's auction room.
oct 0-1 8im-ly
DU. J. M. WHJTNKY Is happy to
announce to bin patrons and
f i lends in Honolulu and elsowhcre, that
honcefoith ho will bo assisted In hlt
dontal looms by Of A E NIOIIOLS.grml
uato of tliu St, Louis Dental College,
and for boveial yuaiH a miocOHHfnl pnuv
Honor In PuBiidumt, California, Ollloo
Iioiiis an before fiom"8i!IO a, h, to I slid
, M, 00 1 liu
THIS lf"lluliiiil Maternity, Mourn lin
I (wo inouiN iiiiiuiommoilidi) paying
niiilmiu, l.iidN of iniiilnriilii muiMin
wlio wUll ! wnw n hoiiio mi uuihoi)'
itiihi imiim, iiurnni mn hiiiihk um nnin
nf iliith' itniilliimiwiiil. vvhniii llili biut nl
fiioii.iiiiiiiiiiiiiini, iiiiinlnw mii mriljiiiil
mn iv i !' iiiny ui'
lih'iii.wfll )ili'iio nimly
lit. Mil ni; Hill lllillM.Mli
II! I I' 1 1 "KW. . p
... Il..i.u.'lii K
Oceanic SteamsMp Guv'y.
From Son Franoisoo.
Loavo Duo at
, . 8-F. Honolulu
Zcalandia Nov 16 Nov 22
Alameda Deo 13 Deo 20
For San Franoisoo.
Lcavo Duo at
Mariposa .Nov 20 . . . .Dec 13
Zcalandia Deo 24 Jan 10
Inlormedioto S. S. Australia.
Lcavo S. F.
Friday. . . Nov 21
Friday. ..Doc 18
Aislraliaii im Surras
WHt SAN S-'BCA'i'yM-
The New and Fine At Steel Steamship
Of the Oceanic Steamship Company will
bo due at Honolulu fiom Sydney
and Auckland on i about
Dec. 13. 1890.
And will leave for the above pott with
malls and passengois on oi
about that U.ite.
t&- Foi freight or p.is.igc, having
BUjciioi ueeoiniiiodatioiH, apply to
Vi m J. lit WIH & CO.. I'd,
For Sydney and Auckland.
The New and Fiue Al Steel Steamship
Of the Oceanic Steamship Company will
be due at Honolulu from San.
Francisco on or about
IMcv. 22, 1 880.
Aud will have prompt dispatch with
mails and passeugcis for
the above poits.
EST" For fielght or passage, having
suiicrior accommodations, apply to
Wm G. IltWIK & CO.. L'd,
74 King St,
Rattan and Reed Furniture.
Pianos and Furniture
Moved With Caro.
Matting and Carpets Laid.
Tho horcditarv blood nofson of
Bcroiuia ooveiops in mo aencato tissues
of tho brain, mental weaknesses and
Infirmities, idiocy and insanity. It en
larges the dands of the thi oat. invDalrs
im . . r .. i .. , ..
the sense of smell and tasto, or breaks
into consuming uiceis on mo necic. It
destroys the luntrs, or fills them with
tuberculous socrollons. It eats away
we. coaling oi we stomacn, enlarges
the liver, clogs tho kldnoys, 'creates
constipation and induces piles. .'No
human agenoy can so speedily, per
manently and economically cleanse the
blood of scrofulous poison, clear tho
complozlon and skin, scalp and blood,
as Ilcutcr'a Kyrup No. 27 the
great oioou punuer.
Renter's Healing Soap
Use it alwavs If vou wish for a fair.
clear skin, a soft, supple skin. Olrcs
a natural tint, impirts freshness, re
moves uiotcncs, provouts eruptions.
HOLLISTER & CO.,
From and after tills date we
will not ho responsible for any
f 1 eight after same lias been
landed, Patties to whom
f inlglit U ooiiHlgmnl must beat
tliu binding to (ucolvu (heir
Hniiiihilu, Biil, 15, lfll0, jlfto 1
WENNJilR & CO,
Nlh nil li'OMT MTMUW'I'i
mmii fmu I'ifH
uiubui ' um 11 m.