The Hawaiian gazette., 1908-07-14

SALE OF KEKAHA STOCK.
Harry Armitage during the week
sold at private sale quite large block
of Kekaha stock at $40. This is an
unlisted stock. The plantation is on
Kauai and has recently completed q
new ditch at an expense of several
hundred thousand dollars, though the
lease of the land has only compare
lively short time to run. There seems
no doubt however, but that the ex-
pense of this new water supply will be
fully justified.
KOLOA'S DIVIDEND.
Koloa plantation, the oldest planta-
ton in the Islands in point of con-
tinuity of sugar production, paid the
first dividend it has paid for several
years, during the week. The dividend
was five per cent.
HONOLULU BREWING.
After good many fluctuations of
quotation, the highest reaching $22.75,
Honolulu Brewing and Mailing is now
selling at par. The regular monthly
dividend continues to be paid. The
brewery has completed all arrange
ments to engage in the manufacture of
sake. As the importation of sake is
indirectly but effectually prohibited by
the pure food law, and as the con
sumption of sake in these Islands has
been very large and very steady for
number of years, it would seem rs
though there was an opening for the
manufacture of sake that is very prom.
Using. Whether the Honolulu Brewery
will engage in the manufacture until
after it is definitely determined by the
Supreme Court whether or not it is to
be considered beer or a wine, is not
known yet. AT present all legal and
revenue arrangements are made and
, the facilities are on hand. 1t is SIM
ply question of whether the company
wants to engage in the business with
the possibility that decision of the
Supreme Court of the United States
within year or so might prevent
their continuing it.
THE SUGAR CROP.
Up to the end of June the Sugar
Factors Company had shipped 301 ,641
/, tons of this year Is crop to market. OF
this amount, 256,3S4 tons had reached
market, leaving 45,257 tons aioat at
the beginning of this month,
AS the Sugar Factors Company still
have about 10000 tons to ship, which
| it is expected will all be on the way
| by October !, it seems probable that
even the revised estimates of the
years crop will be exceeded. Rough
ly, the Sugar Factors Company ships
about eighty per cent. of the Island
crop to market, which would bring the
entire Island crop up to not far from
100000 tons.
THE GOVERNORS LAND POLICY.
The new special agreement of sale
of public lands which Governor Frear
has just approved was made public
during the week. Under it probably
the bulk of the public land offered fol
settlement will be disposed of. The
avowed object of it is to further the
small farm idea and aid in building l /
in this Territory a strong and wide
spread American element that will hold
the Islands to American institutions
and Western civilization. Primarily il
is hoped this new agreement will dc
two things-make it easier for the
bona fide settler to get land and hard
er for the mere Spectator to get it
! To bring this about the conditions o.
building, fencing, cultivation and pay
ment for the land in the earlier par
of the period are easier, and no It'll,
can be acquired short of ten years
which it is thought will be a long tim,
for a Spectator to wait.
MERCHANDISE AND OTHER LII
CENSES.
, All licenses, both Territorial, liquor
and Federal, are renewable July l. Sc
} far as the liquor licenses are concern
} ed, they have all been settled in the
} several counties before this. But the
Federal and Territorial licenses ars
now being renewed and paid. OF about
100000 in Territorial licenses collect
ed each year, over $4,000 has SO fal
been collected. About the same pro
portion of the Federal licenses have
been collected.
CHAMBER OF COMMERCE BUILD
ING.
Marston Campbell has prepared
plans for n Chamber of Commerce
building which have been very much
admired.
MISCELLANEOUS.
The arrival of the Keio and the
Santa Clara baseball teams during the
week has added considerably to the
festive activity of the town.
An address before the Commercial
Club by DIR. Wilcox of the Agrieul-
tural Experiment Station very point
eddy called attention to the question
of food supply if the Islands by war
should be bottled up.
Wireless communication, it may now
be assumed, has been established with
the voyaging feet.