The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1901-08-20


Mr.. r. c. searle at hse ranch at Homo
lua, where he will erect a large, hand
some residence in the near future.
wAILUKU BANK.
Owing to the temporary stringency in
the money market In Honolulu. It has
been found necessary to postpone for a
few months the Inauguration of the Bank
Of Maui. A large part of the capital for
the new bank will be drawn from Homo
lulu and 1t was deemed wiser to walt till
returns from the present sugar crop have
come in, before putting the necessary
amount of money required in bank
here, where II would remain out of circu-
lation for some months.
Attorney George Hons received a let
ter this week from Mr.. Chas. d. Lufkin,
the promoter of the bank, stating that
business may call him to the coast at
once, where he may have to remain for
a few months. but II SO. Immediately on
his return, he will proceed in the mat
ter of organizing and establishing the
bank This delay will really be better
for the bank, as there are many Maui
people who would be glad to subscribe
TO the capital stock of the bank, but
they need little time to get their finan-
cal affairs in shape to do so. The
chances are that by the time Mr.. Lufkin
is ready to proceed the bulk of stock
will Toe taken by Maui capital
s POOR ROADS.
The road between Wailuku and Ka-
hului is filling up with ruts. and small
stones, making riding and driving very
uncomfortable AS soon as funds are
on hand, some work should be done on
this road as there is more travel on 1t
than on any road on the Island. The
pond across the road at Kahului is still
becoming deeper and more dangerous,
and will become simply impossible by
and by, If something is not done.
GOOD TINE TO HOLD ON.
Now is good time to hold on to divi-
dend paying sugar stock, no matter to
what price sugar stocks drop, under the
stringency of the money market AS
soon the present "nearness" in finan-
cial affairs has passed, dividend paying
sugar stock will advance to a normal
price again. although 1t may not touch
the fancy prices which ruled during the
boom in sugar stocks.
STAND FROM UNDER.
If il be true, as rumored, that the In
ter-lsland and the Wilder s. s. Com
panies are to consolidate, the outlook is
certainly gloomy for Maui shippers. The
News has never attacked these COM
panies, possibly hoping at some time In
the future TO pick up some crumbs in
the way Of advertising and outside of
casually suggesting that both companies
are piratical in their freight charges. and
that II would be In keeping with their
freight charges to fly the black flag with
"A skull and cross-bones, the News has
dealt very gently with their shortcomings
but one more turn to the screw will call
for remarks from this paper, and happy
ending of the affair will be that Alexan-
der q Baldwin or some other enterpris-
ing shipping firm will put on a line Of
inter-island steamers which Will give sat
isfaction to the shipping public.
Heavy rains reported on east Maui,
but central Maui is still suffering from
drouth.
Judge kaleikau is presiding Dis
trict Magistrate of waiiuku during Judge
McKay's absence.
Milk and butter are becoming very
scarce on Maui, owing to the continued
drouth in the pasture lands.
DR. II. NJ. Stith of Spreckelsville has
returned to Philadelphia to accept a posi-
ton in the navy, and his place is being
filled by DR.. Dinegar of kihei. who looks
after the health of both plantations.
y. Johnny. the ex-chef of the Maui
Hotel, who was tried before Judge Ka-
leikau for assault with deadly weapon
on Manager Hagancamp, was acquitted.
the judge holding that the wicked looking
cleaver introduced in evidence was In
really only an innocent and innoxious
egg-beater. Lucky Johnny.
Attorney Noah w. Aluli has gone TO
Honolulu to engage in the practice of law
in the metropolis
Senator II. =. Baldwin and Manager
Filler of the n. Il. II, Co. Were in Wal
luku on Thursday, on IA hasty business
trip.
Mrs, Cough, an English lady visiting
the Islands, came over from Lahaina
on Wednesday. accompanied by Mrs.
Mallory Of Lahaina, and the two ladies
made the ascent of Haleakala on THUS
day.
Mr.. J. n. s Williams. who is in charge
of the construction of the biggest mill
on earth, AT Camp 5, Spreckelsville, was
in Wailuku on Thursday evening, and
reports satisfactory progress on tn. Pun
meme mill building.