The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1901-02-28
SHOWING
GOOD. :.
Meeting Held by
Haiku Sugar
Company.
STOCKHOLDERS
WELL PLEASED
Managers Report Shows Wages
to Have Materially Increased
Since Annexation.

THE 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 had been changed from September
81 to December 81, and the reports
read covered period Of fifteen months.
The treasurer, ]. P. Cooke, in his report
showed that the total receipts for that
period amounted to 1897, SCOTT; expenses
and permanent improvements reached
1877 1906, while dividends We're paid
to the amount of 800, 900. A surplus re-
NAMED in the treasury of s29,
II. A. Baldwin, the manager, rendered
the following report:
THE year just passed has been Jun-
usual in some respects; characterized
by a great deal of rain, much cold
weather and labor disturbances.
1.-The stockholders of the company at
the last annual meeting voted to
change the end of the plantation finan-
cial year to December S1st, instead
Of September Both, 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 in wages since annexation
went into effect. The price of coal
has also risen.
cat the factory we have installed a
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 a 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 a two-foot to a 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 a similar
gauge to that used by the Paia,
Spreckelsville and Kihei plantations
and the Kahului railroad, fact that
will make for our mutual benefit.
LAS result of tunneling and chang
ing our Kahului ditch and pipe line
our supply of water there has been
considerably increased, so that we
will be able to double the output Of
the old East Maui plantation.
IN off
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.
I'VE contemplate constructing rail-
road line through our mauka lands to
Kaluanui, and the purchase of a To-
connective. This will take the place of
our present flume. A new track to
the Paia depot over which a locomo-
tive could travel would also be bene-
fetal. Eventually, with a 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-
IlVli VI lNO IllOIt SlOIdSe GeSeTNOilS =,
one large one at Haiku and a smaller
one at Kaluanui. Our chemist and
general engineer has made a 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
315, 100000 gallons of water, OF
enough to irrigate 1000 acres of cane
for a month. The outlet would be at
an elevation of 450 feet above sea
level, so that the water would be
available for 1900 acres of our~cane
fields at Hamakuapoko and about Loco
acres at Haiku.
eve will soon have a cane loader
that I think will prove a great labor
saving machine, but its practicability
of course, remains to be tested.
"The estimate as given last year by
| your president of 5000 tons will prob
ably prove very close to the mark.
think the crop will be harvested by tbs
middle of July.
For this crop we have 700 acres OF
plant cane and $50 acres of ratoons
which ought to yield 1000 tons at least
! Owing largely to the labor troubles in
fcident to the declaring off of the labor
| contracts. our planting was not finished
until rather late, November 23d AS g
result of late planting and cold weather
our young plant cane is rather back
ward. but as most of 1t is Rose BAN
boo and Yellow Caledonian. both Wig
orous growers, / think the yield will be
about normal. The young ratoons are
unusually good owing to the fai
trains"