davidaulloa/AmericanStories huggingface dataset:
The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1910-02-01
The Sugar Market
LoRRrN A. THuRsToN.

ON the cost and freight basis, opened
at 2.34c. per pound, declined TO 2.25c.
in February, advanced to 2.66c. in
March, declined to 2.53c. mt the close
of April, fluctuated between 2.50c. and
9.59e. during May and June, then ad.
vaneed steadily to 2.66c. at end of July
TO 2.75c. at end of August, reaching
highest point of 3.09c. in November,
and declining to 266c. net cash in De.
cemher at close of year.
TEXAS-fs entering the field as a
sugar producer, or at least Willett g.
Gray report to that effect, although
Texas has been becoming" a sugar
stock for SO many years that seeing
will be believing. The following is re-
ported concerning the developments in
prospect. Recent press reports
contain addition information relating
to the plans of the Texas. Louisiana
Sugar Company. This company has al
ready commenced the expenditure of
100000 for the construction of pump
ing plants and other irrigation works,
to supply water to its $4,000 acres of
land, all of which it is proposed to put
into cane. Besides this tract, several
of the stockholders have acquired con-
troll of another 100000 acres which it
is proposed later to bring under cul-
tivatiop. Among the stockholders are
the Pharr. Caffrey and Beauregard
Brothers, all of old families of Louis
lana sugar planters.
The San Benito Sugar Company, an
other of the new companies entering
this district, has recently enlarged it's
holdings to 1000 acres, all of which
it plans to have in cane in 1911.
BEET CROP IN U. S.-The beet
sugar factories are nearly all through
with the season Is run, although in Kan.
sas the crop will not be completed until
about February I.
IN MICHIGAN-The crop exceeded
THAT of 1908, and the prospects are for
still larger crop for 1910.
IN oREGoN-An intensive cnltiva-
ton experiment was carried on at the
La Grande factory. While the acreage
was considerably less this year than
last, the yield was about the same and
larger quantity of sugar was obtain
ed. This result was secured by putting
the same amount of work and attention
on a small acreage which used to be
fput on large tract and the same plan
will be followed next year.
NEVADA-The press reports the in
corporation of the Nevada Beet Sugar
Company, of Fallon, with a capital
stock of $l,000.OO0. Fifty thousand
dollars has already been subscribed by
local interests and enough more is to
be invested by the promoters, who come
from Santa Ana, California, to give the
factory a successful send off. The of
ficers are w. W. Williams, Thomas
Dolls, NJ. D. Fairchild end Fred Strass-
Burg, Jr A site has been selected on
Rattlesnake Hill, a short distance from
Fallon, and the farmers are preparing
to plant over 1000 acres for next sea-
son. Seed has already been ordered
from Germany, and the work of erect
ing 500-ton factory will commence
without delay.
EUROPEAN BEET SUGAR-The
crop is about harvested and manufac-
tured, with no changes in estimates.
The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1910-02-01

but, with the intense and ever increas-
ing competition which has since pre-
vailed, the figures of Messrs. Wiilett
& Gray. the recognized sugar statisti-
clans show that your company does not
now refine more than 1875 per cent. of
the sugar consumed in this country,
and this notwithstanding the fact that
the MEETINGS of your company have
been well maintained.
There are in the United States three
essentially different classes of establish
ments producing sugar; firstly, the re-
fineries which draw their raw sugar
almost entirely from foreign countries
and the dependencies of the United
States; secondly, the beet sugar fac
tories, which make white graduated
sugar directly from beets; and, thirdly,
the factories of Louisiana and the
South, which extract sugar from cane
grown locally. Your company is not
interested in any way whatever in this
third class of establishments. OF the
81 cane sugar reineries, with an esti.
mated maximum capacity of daily
MEETINGS of 33,OOO,0OO pounds, your
company operates refineries and has
an interest lin each case less than a
majority in refneries, and IL has no
interest whatever in 10 refneries Be
tween these independent rehneries and
those operated by your company, the
competition is continuous and severe.
While the number Of your refneries in
operation is less than at times in the
company's history, due to the consolida.
ton Of some refining plants, yet the
Increased capacity of our other refn-
The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1910-02-01
AMERICAN REFINING REPORT


The following is an extract from the
annual report of the American Sugar
Refining Company:
The directors herewith submit their
report for the year 1909. While the
assets and business of your company
are the property of its stockholders, yet
your directors recognize the legitimate
interest which the public has in bust
ness organization which deals to a
large extent in necessity of life. A
further motive for this report is found
in the fact that it seems to be the only
method by which this company can cor
rect the widespread Misrepresentation
and unjust criticism to which it has
been subjected. A business corporation
can have no asset more valuable than
the goodwill of the public, and that
goodwill can best be gained by explain
ing to the public the nature of any
existing misapprehension as to its
character and operations.
l. Ownership of the Company.
1t is commonly supposed that the
eHaioo VI youI cohlpdHy are owned ny
a comparatively few residents of New
York City. The fact is that the average
holding of stock by any individual is
less than fifty shares. The majority of
the stock of your company is held in
New England, and its value and stabil-
ity as an investment is best evidenced
by the fact that your shares are large
ly held by executors, administrations,
trustees and other fduefaries. Its
stable value as an investment is also
The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1910-02-01
World Of Finance
HAWAIIAN sEuuRITrEs.

Last Tuesday saw the sale of the
last $4,000 worth of the recent issue
of Hilo railway extension skies. This
finished the 100000 worth decided on
as the first flotation. With the sale of
the last batch, the price naturally adj
vanced a bit and bids of $3.50 failed
to draw out any Saturday, though the
issue was foated at 95.
The sales of Hilo brought the total
of bond transactions for the week up
to a very respectable sum, but there
was also more or less trading in other
securities. Hawaiian Irrigation skies
were quite active at par, $4,000 worth
changing hands at that figure. Two
lots of $4,000 or more were dispos-
ed of.
-Four sales of o. R. & L. hves were
made. The first represented $500 par
value and was made at 102.50; the
other sales were made at 102.
Kauai railway skies, which have been
wonderfully popular since they first
made their appearance, continued to
| strengthen up. The first sale of the
week was at 10000, the price later ad-
vancing to 101. In all $4,000 worth
changed hands. Bids of 10O75 yester,
day failed to attract any sellers.
Two thousand dollars worth Of Olaa
skies brought par.
Tho annaoraaa ALn 49,. ....~ -
Olaa skies on the first of the month
is being awaited with considerable in
terest. The issue will be for So, 500, 900,
of which $1,250,O00 will be used to
take up the present outstanding issue
! and the remainder will be used to liqui.
date the other indebtedness of the COM
pany. The new bonds will be ten.
twenties, redeemable at the option of
the company on February l, 1920, or
any interest date thereafter, and pay
able on February l, 1880. The present
value of the property of Olaa planta.
ton is conservatively estimated at 81
034, 900, which furnishes prime security
for the new issue. All reports indi.
| cate that the plantation is in excellent
condition and the outlook for the COM
ing season. crop is considered exceed
ingly bright.
1t is estimated that the 1910 crop,
| which will be harvested from 1864 acres
of plant and 346s acres of ratoons, will
be about 10000 tons.
The outstanding Olaa bonds will be
called in on February /, the holders
having their option between being paid
in cash or receiving bonds of the new
issue.
The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1910-02-01

100 o.,
wailan lsianus, 1921 TONS TOTO
hico, s3o,IIf tons; rhiiippihe ls na Jus
4o,so4 tons; domestic oc cane, aos,e1u
tons; dome eSo Deet' 4o4oov IONS lnaPie
sugar, ll,ooo tons, ana moiasses sugar.
Sl5o tons. :, -,
Inc corresponding suppress IRON,
,hese countries Tor Isoe ana leo' VIII
De round taDulated on this page ,
The total consumption OF rehned
sugar IN lSVs was o'iso,4oo Ions, OF
The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1910-02-01

The sugar outlook for 1910 continues
TO be most favorable. The price Of 96
degree centrifugals on December 80,
1909, was considerably higher at New
York than it has been at a correspond.
ing date for five years:
Dec, 2s, 1905, 90 deg. centrifugal
sugar was 3.625c; Dec. 81, 1906, 90 deg.
centrifugal sugar was 3.5se; Dec, 90
1907, 96 deg. centrifugal sugar was
3.S5c; Dec. 80, 1908, 90 deg. centrifu-
sal sugar was 3.67c; Dec. 80, 1909, 96
deg. centrifugal sugar was 4O2c.
VISIBLE SUPPLY. willett & Gray Is
statistical summary predicts consider
ably higher average price for sugar in
1910 than was received in 1909; as of
December 80 gives the worlds visible
supply, being stock in hand and afloat,
al '2,S04,600 tons, against 1897 ABA tons
last year at same date, or a decrease
CT 500, s34 tons.
Total stocks in the United States and
Cuba amount to $500 tons, against
Sy,246 tons, December "a, and 109,434
tons last year, decrease of 2Q,S34 tons
from last year.
RAW SUGAR PRICE REVIEW, 1908
The year opened with centrifugals,
9G deg. test basis (the standard for
raw sugar., at 3.70c. per pound, de-
clining to 3.67c. at close of January.
The decline continued until the middle
of February to 3.61c. per pound, the
lowest point of the year. March show
ed an improvement 20 4.02e. per pound
at the close. Lower prices prevailed in
April, the month closing at 3S9c. May
and June both fluctuated between 3.S6c.
and 3.95c.; July. 3.92c. to 4.02c.; Aug
ust, 4.02c. TO Ale; September 4.14c. to
4.235c.; October, 4.20c, to 4.30c.; No.
vember 4.30c. to 4.45c.; December 4.33c.
to 4.02c., closing the year at 4.02c. per
pound.
The lowest point of the year was
February 8, at 3.61c. per pound, and
highest point November IL, at 4.45c.
per pound.
The average price of centrifugals for
the year 1909 was 4.007c. per pound,
against 4.0T3c., per pound in 1908, 81
756c. per pound in 1907, 3.6S6c. per
pound in 1906, 4.27sc. per pound in
1905, 3.974c. per pound in 1904, 3.72c.
per pound in 1908, 3.542c in 1902, A.
Gaze. in 1901 and 4.566c. in 1900.
The average price for centrifugals
for ten years is 3.965c. per pound, duty
Iaid.
The highest price for centrifugals
since July, 1897, was 5.25c. in January,
1905, and the lowest price 3.25c. in
June, 1902.
Duties in 1909 were changed to the
extent of admitting 100000 tons free
Of duty from the Philippine Islands.
In our last annual review of prices
we said for the year 1909 the average
price of raw sugar should be rather
lower than in 1908. The result shows
.066c. per pound lower
For 1910, in view of smaller Eu-
ropean beet crop and worlds supplies,
the average should be considerably
higher than in 1909.
Prices of Cuba centrifugals in 1909,
The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1910-02-01
SUGAR QUOTATIONS FOR THE WEEK.

January 2s6 degree cenrifugals 4osc analysis
beets 3s
January $3.50 degree centrifugals 4osc analysis
beets 13s
January 1886 degree centrifugals $780,
beets 13s
January 26-96 degree centriugals 4Osc
beets %
ANALYSIS
beets Ss
January 296 degree centfuga 4os $780,
beets 13s
January $3.50 centuga per $780, analysis
bets l2s 9% per ON ,,bf. ta5-
The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1910-02-01
GENERAL TRADE CONDITIONS

attested by the fact that there have
been no substantial changes in the
stockholders for very long period.
The number of our stockholders of com
mon and preferred stock is 18,4S4.
In view of the preponderant holding
of stock by New England shareholders,
you will be asked to increase the
board of directors by two members,
and for these positions the names of
Mr.. Edwin F. Atkins and Mr.. Samuel
Carr, both of Boston, and both well and
favorably known in business circles,
will be submitted for your approval.
Another vacancy in the board has been
created by the declination of Mr.
Charles Fl. Senff to serve another term,
and TO fill his place number of in
huential stockholders have suggested
the selection of Mr.. e. s. Marston, the
President of the Farmers Loan and
Trust Company, of New York, one of
our oldest and most conservative fnan-
cial institutions. Among other changes,
it may be noted that your board has
selected James M. Beck, formerly AS
sistant Acknowledgement of the United
States, as the new general counsel for
your company.
II. This Company not Monopoly.
Another misrepresentation, to which it
seems advisable to call attention, is the
common belief that your company ex-
ercises a monopoly in the sugar trade.
When in 1894 the Supreme Court of
the United States authoritatively decid-
ed in United States vs. knight, ct al,
l50 U. s., !, that your company was
not a monopoly, under the Sherman
Antitrust Law, this company had
much LARGER DeTcentaqe IF such trada
The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1910-02-01
BONDS.
A REMEDY FOR GROUP THAT 10
ABsoLUTBLY sAFB.

Group h the most prevalent duriss
tho dIy cold seniher ~ tho early ws1
Tor months Parents of young ehildNN
should he prepared for a. Az thar ~
needed h hoiilo NJ Chamheflnin'B
Cough llemedy Many uaihen an
u Aol only safe gRl haFu lesi meSli
elue hui iha lost w Us feg coughs,
eoids and Group FoT sala by an deal
20 liphfeni Saith 4 Co. Agsnll TO-
Hawaii
The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1910-02-01
WEATHER BUREAU REPORTS FOR THE WEEK.

January 30 During twentyfour
perature-maximum 49, minimum showery
January Observation-Disclosures
IWeather-fair
January 27Rainfal.O7 Experimentation IS minimum s5
Weather-unetled.
January 26-RainfalOO
Weather-fair
January 25Rainfantrace. minimum
Weather--fair.
January 24-Rainfal-O1. Temperature
Weather--fair
January 2s-Rainfal-o4 Temperature maximum
Weather;-fair.
The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1910-02-01

INp HFfFaff VNfl pfI p0np1 " efn
uiiFss' aa'inR 40 gsaf 1909 49,
The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1910-02-01

4.oO7c. The average prices per pound
for the years 1900 to 1908, both incln-
sive, We're as follows: 1908, 4.O7Sc;
1907 9.756c; 1906, 3,6s6c; 1905, 4,27Sc;
1904, 3.974c; 1908, S.72c; 1902, 3.542c:
1901, 4.o47c; 1900, 4.566c.
The average prices for refined during
the same period were as follows: Az
erage price per pound for 1909, 4.765c
1908, 1850; 1907, 4,649c; 1906, 4,5l5c;
1905, 5,256c; 1904, 4.772c; 1903, 4.63Sc;
1902, 4.455c; 1901, 5.05c; 1900, 6.32c.
BEET SUGAR ESTIMATES.
The following are the latest estimates
of the European beet sugar crop for
19O9'lO, compared with the outturn of
the 10000 crop:
The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1910-02-01
Total Tons, y. %, 100000 0,5i7,OOO

T. o. Lieht eabled from Magdebnrg,
January 4, i0i0.-''It Is estimated that
the sowngs of all Europe will be a
tribe larger than last year.
The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1910-02-01
BUbINEbb FOR THE YEAR,

The following statement Of tho sugar
business Of the United States for the
year 1909 ID from Willett a Gray .
Journals
I, Tho figures hhow The consumption ~
sugar 1907 $50 tons, an Increase ~ H.
81 i0ns from 1905 or ssbA per cent
against an iReToase ~ 1850 tons Or
5000 per cent Tor tho preceding year,
agalpti I 900 per cent average yearly
lneToass fof twenty eight ysars,
Tho total consumption ~ sugar upon
Nhlrh full duiy Mas paid Naf a00Afl
ions, pnd " sugar on Hhlfh eonfrr'
pi0n NJ duty nal allowed Has 2 lpal as
lenfl consumption ~ domestic piodue
ilunl hhl nhn ianf
rptt eepiibpisi l,iei,6ol iopsl pa
Daily press. [volume] (Newport News, Va.) 1896-current, 1910-05-01
A Peculiar Lake.

- EPORT has been made of a lake
near the Persian frontier, Lake
Van. an unusually beautiful
body of water strongly impregnated
with a potash of some kind. The ma
tives use the water for washing their
clothing without soap. The water has
soft. soapy feeling. as though a
quantity of soap had been dissolved
In IL. The lake is some SO miles long
and from 90 to 80 miles wide.
Around the lake are many rich
ooves of titled land. with occasional
level stretches of farming land. Many
villages are located on its shores, as
well as the thriving city of Van.
There are a. number of sailing boats
on the lake engaged In traffic. which
appears to be very heavy, but the
boats are OF suca unwieldly construc-
ton that they can only sail before
the wind and frequently a boat is COM
PEELED to wait for a week or ten days
for favorable wind.
Daily press. [volume] (Newport News, Va.) 1896-current, 1910-05-01
HAMPTON, PHOEBUS AND OLD POINT-C Continued.

The ceremony was equisite and WINE
the bride was most charming In her
simplicity. the bridegroom command
ed the attention OF a legion OF well
wishers. The usual retineu OF hover
Girls was in attendance. and after
Rev. Or. Wray, of the Methodist
church, had performed the Official act
that united two loving hearts as one
the ovation that followed was one
that will long linger in the memory
of those who were so fortunate to De
present Mr.. MeKelvey Is well known
IN Hampton. Phoebus and Old Point
and at present holds responsible
position in the Quartermaster's de-
partment, at the southern branch Oh
the National Military Home.
The wedding gifts were both hu-
merous and useful. While brilliants
and other so-called precious stones
were conspicuous by their absence
their place was advantageously sup
plied by a manifold collection OF use
fnl articles that are an every day
necessity for a house wife that takes
pride in her surroundings. Inc
guests were numerous and taxed the
capacity OF the beautiful home IN
which this happily mated pair VIII
spend the balance of their years III
the enjoyment of each others smiles
and good graces.
Daily press. [volume] (Newport News, Va.) 1896-current, 1910-05-01
Tne Philosophers Musings.

Said the philosopher, Il once heard
the late Hon. Charles Sumner, VINO
represented Massachusetts in the
United States senate so long, remark
in speaking of the thoughtfulness be-
slowed upon him during a short Ill
ness. TO me it seemed almost a
pleasure TO be i'll to receive the many
kind tokens extended in commisera'
ton of my indisposition, and do you
know continued the old man, so II
IS with many of the suffering ones at
this brarch who sincerely appreciate
the exceeding kindness OF Surgeon
Johnston and his able stan of co-work'
.rs who relieve in a measure their
ills.
"Dr. Johnston is beloved by every
member and his uniform courtesy TO
all who call on him for medical aid
cause them to be glad we have such &
splendid gentleman at the head Of the
hospital staff"
Daily press. [volume] (Newport News, Va.) 1896-current, 1910-05-01
BAL I IMORE SOCIETY
LADY SUES FOR DIVORCE
Bromo Seller Kings Daughter Asks
Legal Separation from Her
Husband.
(By Associated Press,

RENO. NEW, April 3O.-Margaret
Emerson McKim. society leader OF
New York. Newport and Baltimore,
and the wife Of Smith Hollins NC
Kim. late. this afternoon. fled n suit
for divorce in the District Court
The complaint was Immediately
withdrawn by Mr. VI Kim's attorneys
after being entered on the register of
actions by the county clerk and for
this reason the nature Of the allega-
tions made by Mrs. McKim are no;
known. Mr.. McKim has stated that
she expects her husband 70 contest
the suit.
Smith Hollins McKim Il apromi-
nent physician Of Baltimore. and MIS-.
McKim's father Is Col. J. r. Emerson,
of Baltimore, known as The Bromo
Seller king
Daily press. [volume] (Newport News, Va.) 1896-current, 1910-05-01
Treasury Statement.

WASHINGTON. ID. C.. April 90
The condition of the treasury at the
beginning of business today was as
follows:
Trust Funds
Gold coin. 1851, iS5, $50.
Silver dollars. $ise. 79s,000.
Silver dollars of 1890, S3,757.o0O.
Silver certificates outstanding,
S4s9. 79S. 600,
General Fund
Standard silver dollars in general
fund. s2011.s33.
Current liabilities. $105 .55l.f59
Working balance in treasury offices,
$23.24S.144.
In banks to credit OF treasurer or
the United States. sS5.s35.s3l.
Subsidiary silver coin. s2l .52O,7l1.
Minor coin. $l.157.603
Total balance in general fund, $751;
1907.
Daily press. [volume] (Newport News, Va.) 1896-current, 1910-05-01
Block Heads.

During the infantry drill hour by
the Fortress Monroe artillerymen re-
Gently on the home campus, several
OF the home members almost intrud-
ed themselves into the ranks OF the
men on drill. 1t seems strange that
a little common sense could not be in
stilled into this class, and cause them
to omit such conduct and remain IN
the rear with the better behaved on
lockers. On this occasion two mem
bers. one with a cane, pointed at what
they thought was a defect in the for
nation.
Such men are intolerable and should
be sat upon. Instead of their pres
ence reflecting credit on the branch,
they cause ridlcule to be expressed
10y those they ignorantly criticise.
Here is another suggestion" said
the philosopher to your correspondent.
AT the Northwestern branch an ef-
fort was made a good many years
ago to create a fund for the erection
of a monument in the home cemetery
that would do credit for all time to
those who donated TO that laudable
object. The matter Jagged from kear
to year until more vim was put into
it, and finally a committee was ap-
pointed 10 further the collections
Governor Wheeler did his utmost to
upbuild the fund, and through his eff
forts the matter took excellent root
and the ball was kept on the move.
He magnanimously allowed the COM
mittee the use Of the large pavilion d.
rectiy opposite what was then the
canteen for the sale of ice-cream,
cake. candy and all kinds of soft
drinks. The offer was gladly accept
ed. and thereafter on every pleasant
Sunday for a year the pavilion was
opened for the accommodation OF Wis
itors and members who cared to in
dulge themselves in any Of the COM
modities offered for sale.
The scheme proved ten strike, and
from its inception was a success and
one. too, of the bowling kind. The
dollars continued to accumulate until
with the individual subscription Of the
members it was large enough 10 meet
the expenses for which the fund was
created. and in due time a granite
column seventy feet in height and
bearing on It's apex a full-size statue
of a soldier in infantry uniform al
parade rest with a Springfield rife
in proper position, was dedicated.
The site on which the monument is
erected is almost directly in the cen
ire Of the cemetery and can be seen
for miles about
II seems plausible that such action
could be taken BY the members OF
other branches Of the home and BY
50 doing beautify the last resting
place Of members OF their respective
branches.
Daily press. [volume] (Newport News, Va.) 1896-current, 1910-05-01
Fort Soldiers on Drill.

Members of the branch were given
on edifying treat on the home grounds
on Wednesday morning of last week
The artillerymen from Fortress Mon
zoe visited the home, and upon reach
ing the beautiful campus west OF the
quartermasters department. and fac
ing the bay, were drilled in battalion
maneuvres by the colonel command
ing. They did splendid work and show
cd much aptitude for the duty they
may at any time be called upon to
perform.