The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1902-02-28
Prospects of Waialua
Are for Better
Cane.

Stockholders Of the Waialua Agricul-
tura1 Company yesterday took steps
which will remove any objection made
TO the bonds Of the plantation, and
which will insure the floating of the
involve the making of new trust deed
to the Hawaiian Trust Company. and
! the changing of the name OF the cor
poration by the elimination OF the
word the from the title. There was
adopted an amendment to the consti-
tuition and bylaws, which makes it
possible to mortgage all the property
, of the plantation.
| There We're a number of questions
asked the manager when he was
reading his report upon the condition
/ of the plantation. He said in response
! to Il query that the quality of the
sucrose in the cane juice was increas-
/ ing with the grinding of this crop, in
J dicating that the same experience
! with the cane must be gone through
| that WAS had at Eva. He was asked
! as To the output. The estimate he
made VAS 5000 tons. and when Ne
Consid RED the great discrepancy be
tween MS figures and the actual re
tuTrT last year. il made it distasteful
/ - h.m II make an estimate. He
thought tine crop would come up to his
Figures this time. President Anterior
then asked if the manager did not eX-
pect f-Teater return than 5000 tons.
MT. GocdJle would not commit him
self but he responded that there were
opinions that there would be more, and
this seemed to be borne out by the
output already miiied.
Owing 10 the absence of G. NJ. Cooke
and L. u. Tenney the following We're
chosen directors: }. Il. Atherton, w.
+. Allen. T.. J. Lowrey. w. y. Bowen
and Henry Waterhouse. 1t is under
stood that when the two men mention
ed return they VIII be given places
on the board
The report of Manager Goodale.
which was exceedingly satisfactory to
the stockholders Of the corporation
present, was in part. as follows:
Planting the crop of 1901 was finish
ed in January. 1900, ana replanting in
February. Grinding the crop was be
gun on January u, and was finished
on August u. The total yield was H.
G19. Is tons. cut from 2,00l Il acres, an
average yield of six tons per acre. We
expected to take off 5000 tons. The |
shortage of 3.9S0.S7 tons was due to !
the dry weather. which reduced the J
yield of the cane earliest planted on /,
lands irrigated by water from the !
Kaukonahua stream. the short growth |
of the late plant and the rains of No J
vember, December, January and Feb
:
ening of the cane and resulted in low
quality of the juice.
The crop of 1902 is To be harvested
from 1871 acres Of plant cane, L.
O59. 81 acres of two-year ratoons, and
800 acres of one-year ratoOns. "a total
area of 2.727.41 acres. AS reported last
year the crop of 1902 will be short 500
acres of plant cane. owing to delay in
getting pump No. 6. Grinding the crop
Of 1902 was begun on January s. Es-
timated crop of 1902, 10000 tons.
Careful surveys and estimates have
been made for the proposed dam
across the Kaullonahua stream for
storing storm waters. The upper ditch
Cor delivering the water of the stream
on the Wahiawa settlement lands and
of power is to be finished
about March l. The total expenditure
on this account to January l is $6S,-
CPS. -, for which the Waialua AGricul-
tural Co. Ltd. is TO receive stock in
the Wahiawa Water Company. Stock
has been bought in the California and
Hawaiian Refining Sugar Company to
the amount of $4,000. and $4,000 worth
of stock in the Hawaiian Fruit and
Plant Company. which carries with it
thirty-siX shares of Wahiawa Water
Company stock. and controls a part
Of the land near the hcadwaters of the
stream.
During the three years and three
months of development of this plauta-
ton we have had the change from an
abundance of cheap labor to a scarcity
IF men ut high wages; have suffered
great losses from delays in delivery of
machinery. preventing early
planting of the lands prepared. Have
lost by failure To arrive of machinery
for the mill. which delayed grinding
and resulted in deterioration of the
cane for the crop of 1900. and short
growth of ratoons for the crop Of 1902. I
The treasurer's report was taken up
next 1t shows the total sugar crop
If 1901 to be 81 ,O23, SS9. So. The total re
.eipts during the year 1901 amounted
10 81. 100, 5O3. 81.
The disbursements show the total
ash outlay during 1901 for operating
expenses to have been $1,000 70S. SO.
Permanent improvements have been
made to the amount of $54O.2SS.Sl.
which sums together with expenses,
e. bonds. interest paid on bonds. stock
II supplies. merchandise and building
material increased, stock in California
md Hawaiian Sugar Refining Compa- !
". Hawaiian Fruit and Packing Com
ANY. and Wahiawa Water Company.
tic. makes the total cash disburse-
nents 81 699. 499. N. !