The San Francisco call., 1909-03-26
Continued Falling on in Business In
Local Securities-NOt Much Change
in Ninin" ShnrcS

There was q still further falling of in busi-
ness ness on tee stock and bond exchange yesterday,
while fluctuations except in the telephone
stocks. were neither numerous nor wide The
Telephone common stock declined to- S21 81 H.
against S23 81 Z rs Wednesdays last sale.
Tue preferred stock WAS rather higher on bids.
without any sales. Spring Valley water de-
clined to $40.
The situation i'm the mining sfocks showed
little change. The ConstOcks Inactive and
featureless In the southern Nevadas several OF
the leaders were active, the others being quiet
Eastern buying OF Florence sent the price Of
that stock up from 81 % as Wednesday clos
ing quotation To $3.50 the stock closing at
Sc. 20. Cioldfeld Consolidated rose from 81 .65
To Sf.t2ia- IOnOpsh Of Nevada advanced from
S6. 81 to 81 o. Daisy was active. but not ma
teriaily changed
The Mission mill company has levied an as
sessment of So per share delinquent April 26.
MacNsmara stock quoted ex mOnthlv
dividend OF 1c per share in the board yes
terday under the rule
Edward roIIitz. the stock and bond broker.
VIII leave for the Hawaiian islands on the
steamer Siberia today.
Tho following oil stocks OK dividend
yesterday: Columbia. lc: Union, 5Oc; United
petroleum, j0c.
At the annual meeting Of the stock holders
OF the Makaweli sugar company March n the
following were elected: Directors-W. NJ. Alex
ander. Warren Gregory. o. NJ Yesper, .
Strassburger. r. T Roph. Emil Tschumi Of
fcers-W NJ. Alexander. president: Warren
Gregory, vice president; Emil Tschumi. secre-
tary: Charles H. Gray. treasurer
The report OF the Hawaiian sugar company
poraton the Mskswell sugar company owns
J0.510 shares. was presented. showing net
profits from all sources for 1905 Of s631 1875
OF this amount $3.50 600 was paid out in divi-
dends aud $271, % was transferred TO the
surplus account. out Of which $23J. 900 was ex-
pended for the redemption Of bonds
OF the original issue ia 1902 OF $500. 900 Of 6
per cent bonds there left only $50 OO0O
This amount viii be redeemed on April l. 1902
after which date no bonded indebtedness viii
be outstanding. but instead there will be a
floating indebtedness which can be paid Off at
the convenience of the plantation during this
year. The redemption of the bonds viii not in
auy way interfere with the maintenance OF the
molthly dividends now hcing paid
At the annual meeting OF the stock holders Of
the Hutchinson sugar plantation company the
officers aud directors of the preceding year
were reelected as follows John A. Buck presi-
dent; Edward Pollitz. vice president: Daniel
Meyer. treasurer; III. ". Thomas secretary Di-
rcctors-Jon a. Buck. Edward Pollitz. Albert
Meyer. William Rennie and George Payne.
The crop harvested during 1908 was q 399 :
acres. which yielded STA and 8 fraction tons
of sugar an average of 3.3S26 tons per acre
They will harvest during 1909 2.646.1 acres
from which IL is estimated 1000 tons OF sugar
win be produced.
On the first of the year tI9oSl net funds
on hand $500 10. After paying the regu-
lar running expenses for 1905 and $lgO,0OO in
dividends to the stock holders. S24J. .069 in net
funds on hand was carried over AZ the end OF
the year-praetically another years dividends
ahead in cash.