davidaulloa/AmericanStories huggingface dataset:
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1908-05-24

STOCK EXCHANGE TRANSAC-
TONS.
The following are the transactions of
the week on the stock Exchange:
Monday-16 Oahu Sug. Co., 2S.75; 100
OokaIa, 7.75; $1,000 olaa IS. 81: so Q. r.
& L. Co, 100; $4,000 Paia IS, 100; 20
Paauhau, 10.
Tuesday-Ewa, %; 20 Eva 20.
Wednesday-15 Haw. Pineapple, 24.50;
80 Ookala, $50; 100 Haw. C. G. S. Co.,
1925; 80 Haw. Sug., $3.50; so Hon. b.
& NJ, 22.75; 10 Haw. c. & s., Sc.
Thursday-5 Oahu Sug. Co, $3.50; 5
Oahu Sug. Co, 2S.75; $1,000 Pacific Sug.
Mill IS, 100: $4,000 Olaa IS, 81; 80 Haw.
Pineapple Co, 24.5o; Haw. C! & S. Co.,
90.
Friday-s1000 Pioneer IS, 101: so Ooka-
la. 1875: 10 Honomu, 140.
Saturday-25 Haw Pineapple, 24.75;
20 Oahu Sug. Co, $500
DIVIDENDS.
Brewster & co. have increased their
dividend from / per cent a month to
1 IL per cent a month commencing
May 81, 1908 and continuing until fur
Their notice.
KIHEI STILL COMING IN.
Kihei stock still continues to come
in to Alexander & Baldwin. There has
not been a day during the week that
some has not come in. though it is all,
so far, from these Islands. None what
ever has come in from abroad, though
it is known that several blocks of
stock are held away from here. 1t is
= he oh Of limo
July l to May has not become widely
known. Indeed there has not been
great deal of opportunity for it to be-
come known away from here in time
for foreign owners to get their stock
here.
The total amount stock so far turned
in is 1929 shares out of a total of
$4,000 shares.
LAST OF THE CAPE HORN FLEET.
With the sailing of the ship Dirigo
from here yesterday and the expected
sailing of the bark Foohng Suey yes
terday from Hilo the last shipment for
this crop by way of Cape Horn have
been made. OF the original charters
for this fleet, two of them were can
celed by the Sugar Factors Company,
the charterer. These We're the Banga-
lore now PA days out from Norfolk The
limitation of her charter expired May
Is. and the charter was Cancelled May
1e. The charter Of the Hawaiian Isles
was Cancelled. some time ago and the
Atlas was secured to carry the 5000
tons which the Hawaiian Isles was to
have carried.
THE CAPE HORN TONNAGE.
Without the actual figures of the
Foohng Suey the approximate ship
ments this year by way of Cape Horn
were SO, 600 tons. This is smaller
amount than has been sent for. very
many years in fact probably, since the
early days of the sugar industry. Last
year. which was the first year Of ship
ment by way of the Tehuantepec
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1908-05-24
TAX COLLECTIONS.

Treasurer Campbell reports the taxes
collected on Oahu for the period end
ing May Is as s54S. 1858 as against
sos. $50. IS last year for the same period.
There are on this Island this year only
twenty appeals from property taxes,
smaller number than usual
VERDICT IN LONG LITIGATION.
Litigation dating from 1903 and hav-
ing its causes in the sugar boom Of ten
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1908-05-24

tm price the
beginning
CEG OES Sic
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1908-05-24
THE BYSTANDER
CONTINUED from Page Four,

t
viii providing
dates possible will be
up
three of these peambuating whied epuches in town.
~ ~ ~
The last Legislature the subject
the applications
intoxieants
difficulty in
Bosh Let those exCubs before
sect a o. easy to FORM
~ ~
My uncle Patrick MeInernyune aunt's de- The
discuss another the genial philosopher
like
fine Like Ispd numbers child
could hardly a
his cigarabe the other off three yards
Moore Bobby
would
the pathetic ballad o Corn
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1908-05-24

years ago, reached the stage of a YER
dict of jury for s28. 1854 in Judge De
Bolts court Friday in favor of the w.
w. Bierce Company against the execu-
tors of the will of the late Henry Wa
terhouse. The suit was on replevin
bond for a railroad and equipment
furnished originally by the plaintiffs to
the Kona Sugar Company.
IN CONGRESS.
The House on Friday rejected the
ship subsidy bill. the Republican eau
Gus having decided on this course after
the conference committee of the two
houses had agreed TO report favorably
on the postoffice appropriation bin as
amended, which carried certain pro-
posed subsidies with 1t. On Wednes-
day the Omnibus Public Buildings Bill
PASSED in the Senate, amended to bring
the amount Immediately available for
the Federal building at Honolulu to
s2Oo. 900 in place of the 100000 placed
i'm the bill by the House. The Senate
has adopted the Conference report on
the appropriation for Notifications.
This carries an item of 1923, 600 for care
Of submarine mines in Hawaii, s2l 600
for purchase of mines for Hawaii. and
1851 600 for ammunition and sea coast
ca0pou
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1908-05-24
SIGHTSEERS
Continued from Page one)

quoted as stating that he favors ex-
hibitfug the native hula dances or
these Islands To the sailors under eX-
purgated conditions, in preference to
allowing the sailor to go hula hunting
unchaperoned, or words 10 that erect
He states, or is made to do So that
the missionaries here are piously OPP
posed TO any such a plan, but that ne
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1908-05-24

route. the Cape Horn Fleet carried 36,-
322 tons. The Bangalore was expected
to carry about 5000 tons SO that but for
the necessary cancellation of her chart
| err the shipments by Cape Horn this
year would have been about the same
as last year, in fact few tons more.
The shipments by way Of Cape Horn
in 1905 were 1886 tons. In 1906 they
We're 1871 tons. In these years the
American Hawaiian was sending its
steamers through the Strait of Magel-
Ian, and there were also considerable
overland shipments.
STOCKHOLDERS WANT DIVE
bends.
1t was stated in these columns near
lily two months ago that: Many plan
, tation directors have raised the ques-
ton whether mere additions to divi-
dends is the only line of policy they
ought to adopt lin the treatment of
the unusual profits arising from large
crops and high prices). To some the
question has arisen whether they
ought not to take advantage of this
opportunity to redeem bonds where
plantations have bond issues which are
redeemabIe at this time. The point is
made that the reduction of bonded in
debtedness is directly in line with re-
gard for steadiness and satisfactoriness
of dividends. Where there is a large
bonded Indebtedness, the interest
charges take up so much of the re-
turns from crops as to always have
"a tendency to disappoint stockholders,
and to reflect on managers"
But, however sound finance this may
=, oil I,gx Of
Directors who have made suggestions
of this kind have heard in no uncertain
tones from their stockholders, and
there now seems no probability that
the bond paying policy will be adopted
by any plantation that has not already
committed itself to it. Stockholders
seem to believe that a dividend in the
present is worth two in the future,
and naturally directors do not feel dis
posed to antagonize the sentiments of
stockholders.
EXTRA OR INCREASED DIvI-
bends.
The policy adopted by Eva of pay
ing its increased earnings to stock
holders in the form of extra dividends.
has been the subject of good deal
of discussion. Other plantations have
adopted the policy of increasing the
regular dividends. Eva alone adopts
the extra dividend policy. No formal
statement of the reasons for it have
been publicly made. A variety of
reasons have been advanced. One is
that the extra dividend can be declared
as soon as the money for it has actu-
ally been earned and need not be de-
clared until it is actually earned and
in the Golfers of the corporation: while
the increased dividend is usually an
attempt to equalize the distribution Of
expected earnings over a considerable
period of tine. So that the increased
dividend may be paid out before it is
actually in the Golfers of the corpora
ton, or considerable sums may remain
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1908-05-24

idle in the treasury awaiting their alb
sorption by the monthly dividend.
PINEAPPLEs ATTRACT ATTEN-
TION.
Conditions like those of the past
week when there was reaction in the
sugar stock market call attention TO
the fact that there are other things
besides sugar. Hawaiian Pineapple
Company stock continued steady on
the market, with considerable business
in 1t, showing that it was sugar con-
ditions and not local conditions that
brought dullness into the sugar stock
\ market. Hawaiian Pineapple Company
stock is the only stock listed on the
Stock Exchange But the organization
of the Koolau Fruit Company to go
into the pineapple business in Koolau
doubtless habits effect in calling at
tention 10 the industry. This company
was organized with a capital stock of
100000, with the privilege of increas-
ing it. Two hundred acres are to be
planted this year and SEQ next. and
the company has an option on 1000
acres additional. A prospectus of the
company is in preparation, and a part
of the stock win be offered for public
subscription.
EIGHT HUNDRED ACRES OF
SISAL.
The Hawaiian Sisal Fibre Company
begins this week on the harvesting of
eight hundred acres of sisaI OF this
amount 500 acres are actually ready TO
be harvested and the remainder viii
be before this is all harvested. The
mill has been thoroughly oyerhauled
at the Honolulu Iron Works and is be-
Heved to be in better shape than ever.
NJ S. GRINBAUM & co.
The disincorporation of NJ S Grin
baum & Co. goes on apace. A deed
from the corporation to NJ S Grin
baum was filed for record during the
week. conveying several pieces of real
estate. The consideration expressed is
something over $27, 900. Legal notice
of the proposed disincorporation is be-
ing published.
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1908-05-24
BEET SUGAR FACTORY.

The California Sugar Company was
incorporated May 10. The plans OF the
new company are for the erection Of
six hundred thousand dollar factory at
Santa Ana. California.
The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1908-05-24
NJ. S. GRINBAUM & co
THE SAKE CASE.

The cable brought the information
during the week that Judge Morrow
had decided the sake case adversely to
the importers and fayorably to the
United States. Thomas Fitch, repre-
senting the importers, at once cabled
notice of appeal and has himself gone
to the Coast. He insists that this de-
cision now makes an appeal to the
United States Supreme Court possible
to the importers and brings a final de-
cision. vfsibly nearer. The sake i'm
porters of this Territory are interested
in the decision to the extent of more
than a million dollars.
The Globe-republican. [volume] (Dodge City, Kan.) 1889-1910, 1908-04-30
A TRUST ENjOINED
LUMBER DEALERS OF NEBRASKA
PERPETUALLY DENIED PRlVl-
LEGE OF ORGANIZATION.
TO ELIMINATE COMPE TITI0N
Supreme Court Declares Agreement to
Regulate Prices IlIegal-More
Than 800 Firms Are
Defendants.

Lincoln, Neb., Apr. 24.-The Ne
braska State Lumber Dealers asso-
citation was Thursday perpetually en-
joined by the supreme court and re-
stricted from all operations calculat-
ed to eliminate competition in the
sales of building materials. Secretary
Bird Critchfeld of the association is
also forbidden to carry on any of the
business Of the organization.
The association was accused of at
tempting to fix prices in the state. 1t
was also alleged that the organization
in conjunction with other state asso-
Citations, conspired to punish whole
sale dealers who sold to unauthorized
persons. The state alleged that ship
ments to the ''poachers" or irregular"
dealers were traced and the shippers
penalized This was forbidden by the
supreme court. Senator Norris Brown
while he was attorney general, started
the suit. Attorney General Thompson
his successor, prosecuted the case.
The judges declared that any agree
ment between dealers to regulate
prices was illegal. All systems of re-
porting sales and shipments were de-
clared improper A large number of
firms were made defendants in the
suits.
More than 300 dealers and firms
have been named as defendants. 1t
was charged that the lumbermen con-
Quoted an organized warfare on poact
ers, or wholesale dealers who sold to
contractors or consumers. 1t was
charged that these "poachers' were
blacklisted and compelled to sell to
the regular dealers only.
The state also charged that prices
were regulated by the association
throughout Nebraska The secretary,
it was alleged, made records of price
cutting and a committee sometimes
looked into the matter. At Weeping
Water, it was proved that Secretary
Bird Critchfield outlined an agreement
to be signed by two warning lumber
merchants. -.-
Bureaus in other states co-operated,
it was charged. The state alleged that
the Nebraska association communicate
ed with state associations in Missouri,
Washington, Oregon, Minnesota, Wis
consin, Iowa, Illinois and a number OF
nther states.
The Globe-republican. [volume] (Dodge City, Kan.) 1889-1910, 1908-04-30

II there is anything on which Ger
many is reliable authority it is edu.
cation. The fatherland is SO devoted
to promoting the intelligence Of the
people that illiterates in Germany are
exceedingly rare. There is special
force, therefore, in the announcement
from Berlin that the advisability Of
following the example of the United
States in the matter Of thoroughness
Of technical and manual scholastic
training is under consideration. This
was the subject of a lecture by DR..
Pabst, director Of the Leipsic teachers
seminary, and the dispatch, noting
that the auditors were enthusiastic,
added: 1.-THE lecturer showed moving
pictures Of school scenes in the
United States, where, he said, the
technical training Of the youth at
tanned such perfection as to be almost
inconceivable." That Is a tribute the
significance of which no one can ques-
ton. When distinguished German
teacher lauds the superiority of Amer
ican educational methods the compli.
ment is Of the superlative order,
The Globe-republican. [volume] (Dodge City, Kan.) 1889-1910, 1908-04-30
A Elect Without a Base.

When the battle feet" starts across
the Pacific and reaches the Hawaiian
Islands 1t ought to find Pearl Harbor
a fortified navy yard for repairs. Not
a ship can be repaired there. At Pago
Page and Guam there should be forti-
fed coal depots, but these are want
ing, after more than ten years control
and known need. In the Philippines
there is not a dry dock which can
take in the larger battleships and no
repair shops adequate to the fleet.
Neither the floating dry dock there
nor the repair shops are protected by
Notifications. From the time the
feet leaves San Francisco until 1t en-
tiers New York, II the battleships are
locked 1t will be under another flag.
II they are repaired it will be In the
friendly navy yards Of other powers.
What would be thought of a railroad,
asks the Philadelphia Press, which
provided no repair shops for its loco
motives when the time was certain to
come when other repair shops would
be closed to it? Yet this is sure to
come in war to our fleet. 1t can cross
the Pacific in peace. In war 1t will
cross the Pacific aware that 1t can
neither dock nor repair.
The Globe-republican. [volume] (Dodge City, Kan.) 1889-1910, 1908-04-30
To Forfeit Railroad Land Grant.

Washington, Apr. 24-By the over
Ehelming vote of 245 to g, The house
Thursday, after several hours discus
ion, adopted without amendment the
senate joint resolution authorizing the
attorney general to file suits against
he Oregon and California railroad
company for the forfeiture of all or
part of 100000 acres of land grants
in the western part of Oregon. It is
claimed by the government that by
reason of breaches and violations of
the acts Of making the giants the rail
road company had forfeited all rights
to the land in question. The sentiment
of the house was practically unani-
nous that the suits would work no
hardships on bonafide purchasers of
homesteads from the company. The
resolution was introduced in the sen
ate by Senator Tillman and has pass.
ed that body.
The Globe-republican. [volume] (Dodge City, Kan.) 1889-1910, 1908-04-30
Nebraskans OFF to Coast.

Omaha, Apr. ga special train car
rying Gov. Sheldon and his staff, to-
gether with party of 23O citizens of
the state, left Lincoln Saturday after
noon for the Pacific coast where they
will be present and qfficiate at the
presentation exercises when the silver
service which has been given by the
state OF Nebraska to the battleship Ne
braska is formally presented to the
ship. The party will travel officially
and will be- entertained by the gov
ernor's of Colorado, New Mexico, Ari-
IONA and California. The presenta-
ton takes place May 5 at San Fran
CISCO
The Globe-republican. [volume] (Dodge City, Kan.) 1889-1910, 1908-04-30

Pie and Diamonds Forever.


The charge that the present acute
depression in the diamond industry,
both in its mining and retail phases,
is due to the sudden cessation OF the
American demand is too well founded,
1t may be feared, to be disputed.
America is the great market for South
African diamonds, Our national appe-
tite for diamonds has hitherto. been
something like an anaconda's taste Tor
rabbits. Whether this is an indication
Of a high degree of national culture,
associated with great wealth, remarks
the Springfield Republican, 1t remains
for our European critics to say. 1t Is
certainly true that the panic in Ameri-
ca caused the bottom to fall directly
out of the diamond market and to
bring about that acute crisis which is
now agitating the diamond trade In
London directors meetings, Amster'
dam cutters shops and South African
mines. Viscount st. Aldwyn's hopeful
remarks to his Observation-Disclosures of
the Bank of Africa seem to have been
based entirely upon the assumption
that with business recovery in the
United States, the natural appetite
of American women for diamonds"
will again triumph" and then the dia-
mond market will be as good as ever
That seems reasonable, no doubt Pie
for the American man, diamonds for
the American woman! We will have
them or die.
The Globe-republican. [volume] (Dodge City, Kan.) 1889-1910, 1908-04-30
China is making progress, even II

China is making progress, even If
slowly in some respects. The govern.
ment recently regained control of
railroad enterprise for which conces-
sion had been granted to foreign CAPT
talists, and will carry out the under.
taking with home talent and Chinese
cash. This may prove less expeditions
than would be the original ELAN, but 1t
shows that at last the Chinese are
waking up to the value of such means
Of transportation. And now petition
has been put in for the government to
construct line from Picking to a
point where connection will be made
with the Trans-Siberian railway, which
will permit direct passage from the
Chinese capital to Moscow, Russia Or,
asks the Troy IN. W Times, is this
part Of a clever Russian scheme to get
access by rail to Chinese port with
out going through Manchuria, where
there has been some unpleasant ex,
perience?
The Globe-republican. [volume] (Dodge City, Kan.) 1889-1910, 1908-04-30
THREATENS A Veto
NAVAL APPROPRIATION BILL
WILL BE HELD UP UNLESS
MONEY is APPROPRIATED.
FOR THE TWO BATT1EsH|Ps
The President Says Present Measure
Is Only paper" Provision for
Navy and Is Legislative
Legerdemain.

Washington, Apr 24-President
Roosevelt will veto the naval appropri-
alton bill should the senate, as did the
house, fail to make any appropriation
for the two battleships which are au-
| thorized in the measure. The prompt
| announcement of this fact to senate
leaders Wednesday is regarded as re-
sponsible for the announcement by Mr..
Hale that he should propose an amend
! ment appropriating $7OO0,000 towards
the construction of those ships.
The president stated his position on
this point with usual emphasis and
suddenness Wednesday, upon learning
that the bill as passed by the house
was simply a paper provision for
naval increase Authorization of the
ships was made, but no money carried
to make the provision effective Such
legislation as this, the president made
known to his numerous congressional
callers, was trayesty as to effective
ness, as well as bearing all the ear
marks of legislative legerdemain, in
tended to make ridiculous his cam
paign for the greater navy.
That the presidents quick and Wig
orous action is to be effective is evil
denced by the action of Chairman
Hale, of the senate naval committee.
in announcing that at the proper time
he will propose the $7,000,000 amend
ment. AS to his threat of veto, the
president made it plain that should
the wisdom of congress result In the
passage of bill providing for no
naval increase whatever, he would
have no ground whatever upon which
10 veto the measure. Any attempt at
what he regards as travesty on leg
islaton by authorizing and not APP
propriating for ships he declares he
will defeat by the exercise of his con-
stitutional power to veto.
There is not the slightest indication
that the president has ceased his fight
for four new battleships, according to
the evidence of senators who talked
with him Wednesday. Senators who
are with the president in his fight on
this proposition admitted Wednesday
night that a careful survey Of their
strength in the senate gives but vote
of 2G in that body in favor of the pres
dents naval program for four ships.
Significance is attached to this poll
of the senate in that it is said TO show
a loss to the president of some of his
heretofore staunchest supporters in
that body. Senator Lodge is under
stood to have quit the fight for the
full naval program advocated by the
president and to have given his rea-
sons personally to the president for so
doing. The loss of the influence of the
Massachusetts senator is regarded as
responsible for the weakness shown by
the poll, as it is believed by those ia
voring the program that had the pres
dents senatorial supporters entered
the fight with the vigor he has evil
lenced, his desire in this direction
might have been realized.
The Globe-republican. [volume] (Dodge City, Kan.) 1889-1910, 1908-04-30
THEY INVITE TESTIMONY
INVESTIGATING COMMITTEE TO
HEAR FROM PUBLISHERS.
A Committee of so Will Go from New
York Meeting to Ask Congress
for Immediate Action.

Washington, Apr. ga telegram
inviting testimony was sent Friday
to Herman Rider, president, and E.
H. Baker, secretary of the American
Newspapers association, and Melville
E. Stone, general manager of the AS
ISOLATED press, by Chairman Mann OF
the select committee of the house APP
pointed by the speaker to investigate
charges that the high price of printing
paper is due to a combination or con
spiracy' in restraint of trade fostered
and permitted by the tariff. The text
of the telegram is as follows:
"The special committee appointed to
investigate concerning wood pulp,
print paper, ETC.. will be glad to have
you or anybody else representing, or
in behalf of the American Newspaper
Publishers association or the Associ-
ated press or others interested in the
use of paper, testify before it at the
earliest opportunity to the end that it
Is possible the committee may report
back to the house before the adjourn
ment of the session of congress. The
committee especially desires to secure
from you facts bearing on the question
as to combination or conspiracy of
wood pulp and paper manufacturers or
dealers in restraint of trade and re-
ating to the effect Of the duty on
wood pulp and printing paper on the
price of paper and the paper indus
try. The committee desires to give
full and unbiased consideration to the
subject at once. The information upon
which you have based your state
, ments must be of great value to us
When can you Gomez"
The Globe-republican. [volume] (Dodge City, Kan.) 1889-1910, 1908-04-30
The Oldest Professions.

An old friend of the family had
dropped in to see young lawyer
whose father was still paying his Of
flee rent.
so you are now practising law, +" the
old friend said, genially.
NO. sir said the candid youth. 81
appear to be, but am really practis-
ing economy. Youths Companion.