The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1901-03-01
SHOWING
GOOD.

-lIE stockholders of the Haiku su-
gar Company held their annual
meeting yesterday morning In toe
offices OF Alexander & Baldwin.
The beginning OF the company's fiscal
year bad been changed from September
81 TO December NJ. and the reports
read covered period OF fifteen months.
The treasurer, J. T.. Cooke. In his report
showed that the total receipts for that
period amounted to si9'b60.77, expenses
and permanent improvements reached
t37I 979os, while dividends were paid
to the amount of $4,000. 4 surplus re-
mained in the treasury OF s2s,7SL21.
II. A. Baldwin. the manager. rendered
the following report:
THE year just passed has been un
usual in some respects: characterized
by a great deal of rain. much cola
weather and labor disturbances.
"The stockholders of the company at
the last annual meeting voted to
change the end OF the plantation finan-
cial year to December 3lst, instead
OF September 30th, as heretofore.
Consequently the financial report COW
ers the expenses for fifteen months.
which fact must be borne in mind
when comparing with those OF previ-
Gus years. However, our expenses
have been materially increased by
the rise I'm wages since annexation
went into effect. The price of coal
has also risen.
"At the factory we have installed
Gregg cane unloader, which not only
allows us to work with fewer men at
the carrier. but makes OF what used to
be an unpopular Job one to which the
laborers now like to be assigned.
"Since our last meeting set OF
four improved centrifugals, with the
sugar conveyor and elevator have
been put In. The boiling capacity has
been increased by enlarging one of
the vacuum pans. and the evaporating
mechanism has also been improved.
The above. with minor improvements
elsewhere render the working of the
factory more satisfactory.
"Our tram car system has been
changed from n two-foot to three
foot gauge, and we have increased
our rolling stock by the purchase OF
seventy Gregg cane cars. The change
In gauge of track gives us similar
Faure to that used by the Paia,
srrec,5olsvi',e and Kihe plantations
ard tire Kahului railroad, n fact thar
will make for our mutual benefit.
"As n result of turnelirr and chang
ing orr Tahurui ditch and pine line
our supply of water there has been
Coneiderah lv Increased. so TINT we
win he able 10 double the output ot
the Old Fast Maui plantation.
ALTHOUGH not due to our own Efforts
the completion of the Lowrie canal
results in an Improvement to this
place Our proportion Of the II. c. &
s. Co water Is now delivered TO us at
an elevation OF about $50 feet above
sea level instead of about $50 as form
erly.
1--WE contemplate constructing n rail-
road line through our mauka lands to
Kaluanui, and the purchase of To-
connective. This will take the place or
our present flume. A new track to
the Paia depot over which a locomo-
tive could travel would also be bene
lcial. Eventually with trestle
across Maliko gulch. line might be
run to Haiku, and thus make the
fields more available for cane.
also we have In view the construc
tion of two more storage reservoirs,
one large one at Haiku and a smaller
one at Kaluanui. Our chemist and
general engineer has made n survey
of the former and has also made care
full examinations of the soil as to its
water holding ability and reports
very favorably. The reservoir would
cover an area OF rs acres and hold
slb,oO0 900 gallons OF water or