The Daily bulletin. [volume] (Honolulu [Hawaii]) 1882-1895, 1892-01-02
SUGAR MATTERS.

The Watsonville beet sugar factory
received sos, 900 Government bounty
last week.
The Board of Directors of the
Cahuenga Cooperative Sugar Com
pany elected the following officers:
President, John WolfskiIl; Vice
President, j. NJ. Coyner; Secretary,
f. j. Captain; Executive Commit
tee, Senator g. Cole, John Wolf
skill, and f. J..Moll. For the office
of treasurer four banks were nomi-
nated-the Los Angeles National, the
First National, the Southern Cali
fornia National and the Farmers and
Merchants The latter received the
majority of the votes, and will have
the handling of thousands of dollars
which will be placed to the credit of
the concern when all details have
been arranged.
AT Anahelm, the meetings held for
the purpose of organizing similar
company have been marked by ex-
ceptlonal enthusiasm. The plan as
it is being agitated in that district is
in many ways different from that
employed in Cahuenga, and the
special features offer a great advan-
tage over the scheme as it has been
materlalized in the Rodeo de las
Aguas. In Cahuenga, the subscri-
bers only bonded their land in order
to raise the necessary funds, but did
not themselves advance any portion
of the sum needed The people of
Anahelm are going at it in a more
businesslike way, and every sub
scrlber not only agrees to bond his
acreage on the growth of sugar beets,
but also advances 10 percent of the
interest in the whole repre- scented by
his subscription. That means that
of the S37j, 600 needed for the
plant, 80 percent will be secured
by bonded land, while $4,000 will
be contributed in cash by the
subscribers. The great advantage
to be gained is apparent. In
order to reap benefit from the new in
dustry in 1892, it will be necessary to
rush things. The Government has
removed import duty on sugar fac
tory machinery until the first of next
j ly, and it is therefore essential
than the machinery should be landed
at Galveston before that date. |,
requires considerable time for order
ing, manufacturing and transporting
such machinery, and if any time
must he wasted in addition, in order
to secure money enough to make
preliminary payment, there is liable
to be hitch somewhere. The Euro
pean manufacturers require deposit
of 500 900 before they will 90 ahead
with the machinery, and in the case
OF the Anaheim factory, the S37 300,
which will he ready as soon as the
list is filled, will come
in very opportunely to make this
advance, pending negotiations with
capitalists for n loan; $1,000 of a
balance will he used for the purchase
Of seeds and implements, aud the
construction of the factory will 90 on
Simultaneously with the planting and
OF the beets, there being
no delay. The farmers of the Ana.
lelm district are appreciatlve of
.hese facts, and before any subscrip-
ions were solicited over 200 acres
we're offered under the bond and 10
)ercept arrangement. This is very
encouraging all around and it will be
race between the Anaheim and
jahuenga people TO see which will
ave the first factory. The citizens
# Anaheim and Garden Grove held
meeting recently and the beet
question was thoroughly discussed.
great deal of enthusiasm was
'anfested and every effort will he
II. Z. 4 H..