The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1898-12-02
HUI FOR MANILA
Local Men Organize to Operate in
DeVey's Domain.
IN VARIOUS ENTERPRISE
VIII Take a Sugar Mill on From
Here-Money Eager-Land-Ma-
nufaCturing-Good Reports

prises in Manila and as we'll on islands
Of the group, other than Luzon, has
been quietly organized. The company
has taken substantial shape and at a
meeting to be held next week, will set
| tie all details and elect permanent Of
ficers. Jim Sherw oOd, who has gone to
the new country already, is member
Of the hui, but will make larger in
yestments privately or on his own per-
sonal account. Reports to the COM
bination here from Sherwood are ex-
pected soon. The Honolulu organiza-
ton includes in its list a number of
men Of ample means and others of
small money, but with mechanical and
business knowledge.
There has already been subscribed
for the operati tions of the Honolulu peo-
pie, who have been looking towards
Manila, the sum of $65 900, exclusive
of the investment of Colonel Sherwood.
There was a tender yesterday for $780,
900 of the stock and a number Of small
contributors have been promised stock,
while several capitalists are looking
over the plan of campaign. The amount
of capitalization has not yet been fully
decIued upon, but figure will be yoted
at the next meeting.
The company will be rather on the
cooperative plan. 1t is proposed to
establish a large hotel and restaurant
in Manila, an extensive plant for the
manufacture and repair of wagons and
for the repair of heavy machinery.
By far the most important feature
of the venture is the determination to
engage in the sugar business. An op-
tion has been secured on discarded
plant on one of the other islands. The
mill is one comparatively new and with
all the effects, centrifugals, etc, is in
good order, having been supplanted
but recently by a larger equipment. 1t
is a five-roller mill. The advices from
Manila are that sugar refining or cane
treatment over there is carried on in
about the crudest possible manner. 1t
is the firm belief of the men here that
a modern mill will be the means of
treating cane with satisfactory profit.
The company will take from Honolulu
to Manila large quantity of wood and
iron stock for manufacturing purposes
as we'll as the mill for cane grinding.
One member of the company is a we'll
known Government official. 1t was
this combination that sent Louis Nc
Grew forward. McGrew will there meet
man already in the field for the real
estate branch of the general business
and will assist in looking up titles and
arranging options. 1t is one purpose of
the company TO purchase heavily of
city and suburban property as well as
to secure large tracts of farming lands
in the outer districts.
It is requested OF the Advertiser that
for the present the names OF the men
in the Manila hui be withheld. This IS
for business reasons. The local com
binatiOn has received numerous letters
ital, all containing views on business
or commercial aspects and opportuni-
ties. The report on minerals has been
scanned carefully Much reliance is
placed in the following from the col
Iector general of the port of Manila,
who permitted his paper to be copied
at Manila for use here:
Manila, Of course, is a very small
portion Of the Philippine Islands, or
even of Luzon. No one who has not
gone beyond the limits OF the town
can have any idea of the wealth, fer
tility and resources of the country. It
has happened TO me to be the only Of
fcer (save one companion OF mine)
who has made any investigation of
even the adjacent country. On Satur-
day, Septem Der 3, l went over the line
OF the Manila railway, 123 miles in
length, running northward from Ma
Mia to Dagupan. The country three
miles out from Manila is occupied by
the insurgents for the whole distance
The line is in fair order, telegraphic