The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1909-06-27

The holding company is capitalized /
81 500, 900, 10000 shares of stock at /
a par value of $1,000 each. The Ha
waiian Irrigation Company is the new
name for the old Hamakua Ditch Com
pany, and ii controls about twenty-five |
miles of irrigating ditch in the Hama /.
kua district
Improve Hamakua Landings.
Preparations are being made for i'm |
provement to the plantation landings
on the Hamakua coast, the Honolulu
Iron Works having nearly finished
work on the necessary machinery for
new wire rope landings at Honokaa
and Kukuihaele. The new landings will
cost approximately $4,000 each and
will mean much for the rapid handling
of the freight of the Honokaa Sugar
Company and the Pacific Sugar Com
pany.
Grant Stumpage Rights.
Stumpage rights on the application
of the Hawaiian Development Com
pany are among the problems that are
before the Board of Agriculture &
Forestry. At the last meeting of the
Board favorable action was taken on
the application for stumpage rights on
about $50 acres of land on Hawaii
near Pahoa. Action on the application
of the same company for similar rights
covering $4,000 acres in the same dis
trict, was deferred Under the agree
ment covering the $50 acres the Ha-
waiian Development Company will pay
to the Territory the sum of $500 per-
acre.
Sisal Company Plans.
The Hawaiian Sisal Company is de-
parting from the usual@methods in the
cultivation of sisal at the new plan
tation near Leilehuaa While sisal
thrives in uncultivated soil, the COM
pany is pursuing the policy of cultiva
ton and the new land is being
plowed.
According to Manager Weinrich of
the Hawaiian Sisal Company, there is
every reason to think that sisa1 will
produce better results through being
| cultivated. 1t is the plan of the COM
| pany to take more land above Robin
| son station, tract of about 500 acres
in addition to the $50 acres now own
ed by the company at Sisal.
The company ships about fifty bales
of sisal monthly to San Francisco and
is adding to its machinery in order to
meet the demands of increased produc-
| ton.
The Mid-Paeifc Institute made a
material addition to its realty holdings
in Manoa valley during the week. Four
acres adjoining the grounds of the In
stitute were transferred on deed sign
ed by w. E. Hall and Herman Focke.
The price named is $1,000. The new
building Of the Institute is approaching
Ecompletion and when it is ready for
occupancy will allow the Institute to
continue the work that has given it
/ distinctive place among the educational
| institutions of the Territory.
| Territorial finances are all that could
be desired, considering the problems
| that it has been necessary to deal with
! during the administration of Governor
Frear. It is estimated that Surplus
! of approximately $250,000 will be left
in the Treasury on June 80, the close
of the biennial period. An unexpend-
| ed balance will be left in many of the
department appropriations. The total
| of the surplus has been swelled through
| increased receipts from taxes. and the
receipt of the $4,000 Judgment against
| Cotton Brothers & Company for the
loss Of a dredge hired from the Terri
| torial Government for use at Pearl Har-
Dor. and the $23 900 reimbursement for
the money expended by the Territory
| for the construction of lighthouses.
Study Labor Problem
| The interest that the United States
government is taking in the immigra-
| ton situation in the Territory is shown
| by the dispatch from Washington, stat
ing that the immigration Commission
| has instructed Senator Dillingham;, its
chairman, and William R. Wheeler to
visit Hawaii during the course of the
summer and investigate the conditions
| of labor, with particular reference to
| the Japanese.
| The results of the investigation as
pursued by Senator Dillingham; and Mr..
| Wheeler. will probably have far reach
ing results, and will undoubtedly be
used as a guide by the Federal govern
ment in dealing with Hawaiian immi-
grafton problems in the future.
The plans for the new Chamber of
Commerce building are beginning to as
sumo tangible form, Architect Kerr
| having drawn tentative designs for a
building to be erected at the corner
of King and Bishop streets, where it
would face the Federal building. The
architect s drawings show four
story structure of handsome design,
and the interior arrangement will in
clude an assembly hall and exhibit
rooms The plans have not yet been
considered by the Chamber of Com
merce.
To Take Up Bonds.
The directors of the Kohala Plan
tation Company have decided to call
in $45 900 of the bonds of the corpora
ton. payment to be made on August
l. The announcement has also been
made by Castle & Cooke that they are
willing to take the bonds at any time,
paying the interest to the date of pay
ment This is done as a convenience
to bondholders who desire to undertake
other investments without delay.
The Oahu Railway and Land Com
pany is continuing the work OF extend
ing its line into the Wahiawa pineapple
district and expect to have the exten-
sion completed in time to handle the
next pineapple crop. The work has