The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1902-03-04
EONA HAS
GOOO CANE
Receiver Tells OF
What lie Saw
There.

prreivrr Wundcuborp b. not entirely
without hone Mat the end ~ his lahuts
for the koua sugar Company may be
delayed for some time, and that he may
secure the money needed Co carry on
the work until the completion of the
two crops. Therc are several men who
have shown interest In the carrying ON
Of the WORK, and from one source the
money may even Yet come. To run the
plantation until there is a successful
issue
Mr. s. NJ. Damon, who was mention
"a as the man who was the choice Of
the stockholders and others at interest,
for the receivership, has not lost his
belief In the plantation, and there have
been conferences which may even yet
result In the carrying through of the
plans for the furnishing of the money
for the work The fact that there
would be needed an advance of from
$3.50, 600 To 100000 before the plantation
could be said to be in shape FOR the
stockholders to take 1t up, makes the
task OF the receiver u hard one.
There will be made "A great effort be-
fore the receiver will give up and make
plans for the selling out of the planta-
ton. Mr. Wundenberg is of the cpin-
ion that there is an opportunity to
make good dividends If the sum need
ed can be secured, and his report to
Guilty in realizing The report made
as follows:
Honolulu, ~. H., Feb. 2Sth, 1892.
Hon. A. s. Humphreys, First Judge,
First Circuit Court:
Dear Sir:-I.ast week l visited the
Kona Sugar Company's property situated
at Kailua Hawaii in company with MIR.
George Robertson, of Brewer Il Co, ana
made n thorough investigation and in
spection of the property, from which
have reached the following conclusions:
!. l find the climatic conditions of
Kona very favorable for the cultivation
of sugar cane; largely owing to the fact
that the rains, which usually fall in
other places during the winter months,
in this section fall in the summer
months, during the period of the growing
cane, and i'm the winter months, when
the cane is being harvested, it is COM
paratively dry.
:, The land, to all appearances, would
indicate that cane could not be grown
on the same, but the fact remains that
excellent cane is now growing on the
place, than which IL is hard TO find any
better anywhere.
3. One of the reasons for the present
financial difficulties of the company is
largely owing to the criminal waste and
poor judgment exercised in planting
cane i'm sections at too high an altitude
for the proper growth of the same.
4. The method employed of making
contracts with planters and allowing
them to draw largely In advance of what
was coming 10 them before the crop
was harvested has resulted in placing
the company entirely at the mercy OF its
labor
o. Very poor judgment has been exer-
cised In the matter of the mill: IL being
nothing more nor less than pieces pick
ed up from here and there, all of which
have cost more in the long run than n
complete new mill would have cost with
out being able TO give any satisfactory
results
But in the face of all these conditions,
| think that if sufficient funds could be
found available to harvest the present
crop of 1902 and also that of 1908, a net
tonnage of at least 1000 tons could be
had in the next 16 or IS months, as can
be seen by the statistics hereto attached.
Respectfully submitted
Il. WUNDENBERG,
Receiver Kona Sugar Co.