The Hawaiian gazette., 1902-02-25

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'I-Uf Uhe crop nf isg w. have r3antt1
u" nrrrH uf Dsuo and arr rHrHlsE H1
h.sa Hf rsfuHra Almost go of ths plant
UHUs HUd ID large proportion az the ra
f..uH hHkr irUu lri out tn rompnultf un
iH, Ir1uf- hHIInr system.
AuHuf August or September this Arar.
w, nup, t0 boz Supplied with crude oh to
Nt ueui U. fuel Boo uur pumps. Instead ui
canI TIia NIl hr r. great Improvement
and result DOB a very cons dsrahl, saving
900 "a years run W. purpose this sum
mrr Co. ruu our ditch uut ON th' uu.
grade over our KaiiGa land, and also 'o
build n reservoir there This will enc
able boz at an expense of say $500, a.
cultivate immediately over 2~ acres ~
virgin soil and at th' same time form
permanent oNtsu4 on of our ditch for fu-
turc usc. There has just been landed
here. tor our plantation, a cane loading
machine. but as no trial has been made.
any report about lts worth would be pre-
"a A. 4
viii be- just what We require and reduce
our loading cane 90 ~ per cent of IT.
present cost"
The report OF the trcl surer shows that
the operating expenses Tor 1891 were si23.-
1881. and the net profits SlG0.yA.i5. while
the dividends paid were sl27.y0 and tho
surplus account $4,000. The total value
Of the company property. including SD
CARS in transit. Il put at 800 .2s2.3l. The
following officers were reelected. II. +.
Baldwin. president. s. ~ Damon. wee
president: J. l.. Cooke. treasurer; J. -.
AthertOu, secretary: W. g. Taylor. audi
tor. Board Of Directors-H. i. Baldwin,
:. NJ Damon. j. =. Cooke. J. Is. Ather-
ton. 7. ". Hebron
The report Of Manager II. A. Baldwin
OF Haiku Plantation, shows a great fail
ing of 10 production. owing TO the
drouth Thu estimate made was for 1000
tons, but the outlook now Is for not
more than ij00 tons. This was attributed
10 the cold weather OF January and Feb
ruary. and the lack Of rains in April and
succeeding months. The crop for 1873 will
come fiVm li7J acres, OF which go acres
is ratoons
After referring TO the long pumping
spell during the past year. and the fact
that the ditch was lower than at any
prev iOus time, Manager Baldwin says or
improvements:
Two ioservolrs hav. been added TO
our .toraEe capacity. one OF 100000
gallons capacity was constructed and an
old reservoir, abandoned about Il years
ago. was rendered s.rviceable. giving us
about 100000 gallons more capacity. The
large reservoir At Haiku, mentioned in
last years report. which. when complet-
ed. will be capable Of impounding over
800 10000 gallons Of water, IL at present
iu process Of construction, but will not
be completed before next fall. as we viii
have to take off our steam plows soon
from that work"
The financial statement shows
Resourcos-stock accounts as per eX-
hibit A, SOS. 2i29l; cash on hand. $Si7.32
: sundry accounts due Haiku Sugar Co,
Si77s.S9. Total, SGlOsc9.12. 'f
( Iiabhitics-Capital stock. $4,000: draft
unpaid. S2G617. due Honolulu agents
Slg2.Gl; due San Francisco agents 49,
OcS.OS. sundTy and personal accounts, sll,-
. 2is39 surplus. $l2.053s7. Total 500, 1853 T.
| The following officers were reelected
! ~. T.. Baldwin, president: s NJ Damon
vice Tiordcnt; j. =. Cooke. treasurer
. j. B. AthertOn. secretary; w G. Taylor
auditor: H. T.. Baldwin. =. NJ. Damon, J
/ =. Cooke. J. =. Anterior and G II. Dick
cy. board of directors.