The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1907-10-10
IMPORTANT MOVE
BY CONSOLIDATED
Pineapple Company Appoints
Castle & Cooke Their
Agents.

A meeting of the stockholders of the
Wahiawa Consolidated Pineapple Com
pany was held yesterday morning al
which the proposition to appoint Castle
and Cooke financial agents for the COM
pany was discussed and finally q, cided
on. The affairs of the company had
been carefully investigated by Castle
and Cooke and that firm has agreed
to supply funds up to the amount of
$4,000 for the handling of the pine
apple crop of 1908.
In speaking of the matter last night
L. G. Kellogg, of the pineapple con-
Germ, said:
''The meeting of stockholders held
yesterday morning was to ratify the
making of Castle and Cooke our fnan-
cial agents. They agree to take care
of financing the handling of the 1905
crop up to the sum of $4,000, which
is $4,000 more than we asked for in
the first place. A meeting of the di-
rectors to execute the necessary papers
will be held tomorrow.
"Our affairs are in a most excellent
condition and the outlook for next
year is unusually good. We grew in
the nefghborhood of 900 tons of pines
this year, of which we canned 400
cases and sold 500 to the Dole cam
merry Next year we will double our
production and will can all that we
grow ourselves, and should have
finished product of over 65, 600 cases of
fruit.
This years crop IN the Territory
to about $4,000 cases which
were divided as follows: Dole. $4,000;
Pearl City, 1900; Hilo, 1000; Kauai,
1000; Maui, $4,000. The shipping from
Wahiawa to san Francisco will cost US
less next year than it did in the past. |
We have an agreement with the rail- |
road by which we get a freight rate |
Of 81 per ton till we ship 10000 tons |
per year, and after we have reached |
that amount We get a rate of $500 |
That means that we will save five |
cents in freight next year on each case |
Of pines shipped by us.
There is also proposition on foot !
10 raise the price of pines % cents per |
,ase. AT present they are selling for less
n San Francisco than peaches or /
pears. This is not right and we believe
that we will have little difficulty in
getting a higher rate for our frst-class
brand of sliced pines.
Our running expenses except dur
ng the months of the season when we
ire canning are about $4,000 per month.
During the canning season they run a
GOOD deal higher as we employ about
wo hundred extra men at an expense
# $3.50 per day.
+'I shall: leave for the Coast, on the
text Alameda and will spend all my
ime ON the pineapple business. You
an get some idea of the demand for
ur goods when 1 tell you that two
Eastern firms, one in New York and
he other in Chicago, have already
ent Us orders for 10000 cases apiece.
We have received many orders for our
ext seasons pack but have not book
d any as yet. I wish to look over
ne market carefully first and also
} consult with our selling agents on
ne Coast before doing any business
{ this kind.
THAT the pineapple business is a D.,
God one and has come to stay is GER
ain. Any farmer who can get forty
cres of good pineapple land can make :
Ioney. The extent to which the in
ustry has grown is shown by the fact
lat the Isl, 900 cases which have been
rown in the last year and canned for
Sport bring $3.50 per case, or $3.50, 300
hich, it seems to me is doing pretty 4
ell for an infant industry and which I
lould be more than doubled next .
ear