The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1889-11-09

y
carrying out this scheme, and as a
cattle run for which their lands have
hitherto been used / doubt if n re-
venue of over 81 900 or So, 900 per
annum could have been obtained.
called Mr.. Watson's attention to
the capabilities of this land as far
back as four years ago, and induced
him to look into it on his visit here
two years ago.
R.--What is to be the capacity of
your mill and works per day!
Mr.. M.-Mr. Watson, who under.
takes the entire responsibility in
connection with the sugar mill,
stated to Mr.. Baldwin and myself
before we left London, that he
thought the estate would require n
mill of about one hundred tons
capacity per day. But this will be
left to the stockholders later to de-
eide.
R.-Do you propose putting in
diffusion plant?
Mr.. Mon the results to be oh
tanned by Mr. Baldwin from his diff
fusion plant just erected on his own
estate (Paia) depends Mr.. Watson's
decision as to the processes to be
employed, but | will briefly state
that Mr.. Watson will adopt the very
latest and most scientific methods
for manufacturing sugar, and will
quote his own words, that he intend
ed to make this the model mill of
the Islands, and expect every de-
tail of it will have his personal
supervision.
R.-Have you u good harbor or
landing at Makawel?
Mr.. NJ. The plantation is situat-
ed en- the leeward side of the island
and runs from the mountain to the
sea, hanked on each side by large
gulch carrying very large streams
of water. The land rises froK the
sea in an easy slope with very few
breaks in it. The landing is very
safe and good one in quiet bay.
The mill site has not been decided
on yet, but the cane can he brought
to near the landing by iluming and
railway systems. As soon as Mr..
Baldwin decides TO break ground,
one or two large and powerful steam
plows will be introduced on the cs-
tate.
| R.-lIave you any other scheme
or schemes that you intend to carry
over to the other side later!
Mr.. M.-Yes, l have another one
or two laid before me, that are re-
ceiving my consideration, but / am
not ut liberty to make them public
YETI and l have the usual number
of wildcat schemes offered, which
are not receiving my consideration.
R.-IIow were the Tramways'
shares selling in England:
Mr.. M.-Both the dcbentures and
ordinary shares were in fair de.
mand, but had not yet been officially
listed on the Stock Exchange. We ex,
pect to get aquotation on the London
Stock Exchange list shortly. Private
transactions in the shares we're being
CuTIlcu Oil DcIN cell DIOhcES OH llit
Exchange, and when left the tran
sactions were expected TO be carried
into next settlement day, which oc
!, ours fortnightly. This is the step
ping stone to obtaining Stock Elk
change quotation, and was how WI
obtained our quotation on the Roya
, Exchange for the National Bonds.
, R.-How were Hawaiian Govern
, ment bonds selling?
, Mr.. M.-They were selling a
109, and / think when the new
| reaches London of their havin:
| reached 1l3 at public auction in thi
J market as they did last Saturday, i
will cause gradual and steady ris
| of the bonds in that market.
: R.-Has q board of directors bee
[ appointed for the Tramways Com
, pany yet?
4 Mr.. M.-Yes, local board has
consisting Of Mr.. John Patty, Hon
= Paul Neumann and myself repre-
| senting the English investors, MI
Patty the local investors, and MI
} Neumann the franchise interests
4 Mr.. Pain being the general manage
: of the company.
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