Evening bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1895-1912, 1904-02-29
PA|A DOING we'll
ESTIMATE FOR 1908 CROP
EXCEEDED EXPECTATIONS
CROP FOR 1904 ESTIMATED AT
OVER 1000 ToNs-PLAN TO
PLANT OVER 900 ACHES,
| OF kALUA LAND. ft

L AT the annual meeting, OF Alexander
& Baldwin this morning, the reports
We're read showing the evaporation in
splendid condition and the s6fiters
were reelected. Haiku aid Paia plan
tations also met in the Offices Of AL
exander C Baldwin. The reports were
read and accepted and the Old officers
reelected. At the hPaia meeting, Man
aser Lindsay prsstnted the following
report: y,
In accordance with the unanimous
vote Of the stockholders at meetings
held last september and later. this
plantation became partner In the
Maui Agricultural Co. on ,Junsary 1,
1904, and in the future will be run as
part Of that concern instead Of sep
arate plantation. The new company is
apportioned as follows: Haiku Sugar
Co., 12-35ths; Kula, 1-35th; Kaliali-
nui, 1-35th; Makawao, 1-35th; Pulehu,
1-35th; Kailua, 1-35th; Paia, 1S-35ths.
The new company will control all the
lands of all the partners, which amount
to over $4,000 acres. About $4,000 acres
Of this is available for cane, being be-
low the level Of the present Hamakua
Ditch. The above includes about 5000
acres Of what is known as the Kailua
and Kihei lands and is excellent viz
gin soil. Work on the extension of
the Hamakua Ditch has been going on
for several months and as this water
will be brought on the plantation at
an elevation Of over LOO feet, probably
an additional 800 acres beside sthe 49,
900 acres already mentioned will be
available for cane. This extension will
probably be finished some time in
August and the water will be avail
able for planting next season. This
will make magnificent property and
when fully developed will! produce not
less than $4,000 tons Of sugar per year.
The water controlled by the com.
pany will average close to $4,000 900
gallons per day besides a pumping ca.
pacity of over 100000 gallons per
day, a total of 5S,O0O,O0O gallons. With
such a quantity Of water we can cult.
vate over $500 acres of cane each
year.
Your directors have authorized the
issue of bonds to the extent OF $3.50.
100000 to be issued as required, and
this sum will be applied to the pay
ment of the new ditch extension and
the development of the property in
other directions.
Crop of 1903, With the exception of
a rather cold spell in the spring. the
past year has been very favorable
one for cane growing. The rainfall at
the plantation Office measured SO. 76
inches and the temperature ranged
from go degrees to IS degrees. The
rainfall was evenly distributed through
out the year. My estimate for the
crop was $500 tons but we had excel.
lent Juice and good results from the
mill and the crop reached total of
1854 tons, the largest in the records
of the plantation. The cane yielded
6.15 tons sugar per acre. The sugar
netted us $59.75 per ton.
Crop Of 1904. This crop we are now
milling and the results SO far have
been promising. l think the out-turn
will be over 1000 tons. This crop was
taken over by the Maui Agricultural
Co. January LIST, 1904, at the amount
we had expended on It, The combined
crop of the Haiku Sugar Co. and Paia
Plantation should be over $4,000 tons
Crop of 1905. The Maui Agricultur
al Co. will have over 3.100 acres II
cane for this crop. and all of It is II
promising condition. Should thu
weather be favorable and no pest at
tack 1t a large crop should result. Thi,
crop also was taken over at the amount
we had expended on 1t up to Januar!
. LIST, 1904.
This year It is the plan to plant ovel
: 300 acres OF the new Kailua lands ant
about the same quantity Of Paia ant
Haiku lands below the pumps. Be
: sides this we will carry over 1,60'
4 acres OF ratoons.
q As 1t is the intention to have ,
r large remodeled mill ready for tn,
= crop of 1906 we have made Just Al
{ few changes as possible In the mill
9 We have constructed new railroa,
bridge and laid over two miles o
permanent track, SO that we are nov
D able to run our locomotive over on
low-lands.
, Following Is a statement OF asset
and liabilities to December 81, 1908:
ASSETS.
Stock Accounts as per Elk.
hibit A ............$1,127,502 6
Personal Accounts 49,. 21,s01 8
=