The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1905-02-25

At the meeting of the Oahu Sugar
Co. held at the office of H. HackfeId &
Co, Ltd, yesterday, but one change was
made in the officers. this owing to the
intended departure of H. A. Tsenberg.
the retiring treasurer. The officers now
are: j. F. Hackfeld, president; NJ. P.
Robinson. first vice president; +. Lewis,
second vice president; w. Pfotenhauer
treasurer: F. Klamp. secretary: \.
Haneberg. auditor; F. J. Lowrey, J. !.
McCandless. P. Munlendorf and a.
Focke additional directors.
Treasurer Isenbergs report showed
a balance of receipts over disburse-
ments of 21S,679.O9, after writing off
$94, 061 as depreciations. The net profit
of the company for 1904 amounted to
$226, 516.86, or more than sufficient to
justify the payment of 6 per cent divf-
dend the capital stock, notwith-
standing the fact that the companys
debt to its agents could not be reduced
owing to the unexpected large shortage
of the crop.
In conclusion" the treasurer says
L beg to mention that the directors of
IAAC SOAl4EHlIiy nav Z oCCINAtu " increase
the monthly dividends of p per cent to
1 per cent beginning with February H.
a. c., in view of the bright prospects
on account of the expected large crop
and the prevailing high price of sugar.
The cost of permanent improvements
added during the year was Sis, 463. 03.
and the balance on properties" ac-
count Dec. 81, 1904, was 81, 039, 1S9. 90, be-
inc ~,
corresponding date of 1908 Total of as
sets Is given as $5,13O.0O5.22
Manager e. x. Bulls report shows
the output of sugar from 1854 acres to
have been 2O,869 tons, 1175 lbs The
yields of a number of fields We're great
ly- decreased by attacks of the leaf
hopper the previous years. A crop CT
10000 tons from 1909 acres is estimated
for 1905 There are 375S acres for the
1906 crop.
'The mill is making a splendid show
ing this season. Mr.. Bull says. 1--WE
are grinding an average of 400 tons of
cane per day, and have several days
made runs of over 1900 tons, with an
extraction of 952 per cent to 95.6 per
cent"
KOLOA.
The KoIoa Sugar Co met yesterday,
| re-electing the following officers: Hans
| Isenberg, president; H. A Isenberg,
vice president; F. Klamp. secretary;
! W. PfotenhaUer, treasurer; Arnin
Haneberg, auditor: c. NJ. Cooke. Hans
| Isenberg, H. a. Isenberg, w. Pfote,1-
| hauer, F. Klamp. directors
! Manager p. McI4ane reported the
crop Of 1904 as 6171.54 tons sugar from
1914 acres, and estimated 5000 tons for
the 1905 crop, with increases of acre
| age for 1906 and 1907
A balance of $172. 1851 was carried
| TO the present year.
| WAIMEA
Waimea Sugar Mill co. held its an
| nual meeting at the offices of Castle
| & Cooke, Ltd. electing the following
officers; w. E. RoweIl, president; J.
A. Gilman, vice president; w. A.
| Bowen. treasurer: c. H. Atherton, sec
rotary; w. T. Schmidt, director; 7.
Rfchd. Robinson. auditor
Manager John Fassoth reported hav-
| ing taken off only y acres OF rattoons
the past year, which yielded nearly
| 252 tons. For the crop of 1905 an es-
innate of 1850 tons is made, and 1900
tons for 1906
| Operating expenses for the year were
| S26251-S2. The liabilities besides cap
ital stock of $4,000. amount to sac
1859.
OTHER COMPANIES.
WaimanaIo Sugar Co. OIowaIu Co.
HilO Sugar Co. and Waiohinu AgricuI-
tural & Grazing Co. all held their an
nual meetings at the offices of W. C.
Irwin < Co. Ltd, yesterday. but all
being practically close corporations
nothing was given out regarding them
except that the reports in general were
favorable. Only one stakeholder out
side Of the Irwin interests attended the
| Waimanalo meeting.
The Lihue Sugar Co, another close
corporation, met at Hackfeld's.