davidaulloa/AmericanStories huggingface dataset:
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1910-05-14
TO DISTRIBUTE
TRUST PROFITS

NEW YORK, May Judge Peter
S. CrossuD, presiding jurist of the
United States circuit court of appeals
in Chicago, has returned from a trip
to Europe and to Egypt. He said he
was refreshed and ready to take up
his duties at once, the court having
been in session for several days
Judge Crossup was a passenger on
board the Carmania of the Cunard
line.s
Judge Crossup evidently had
thought about the trusts during his
absence, for he remarked that the
question had not been dealt with in
the right way so far.
There is a tendency to destroy the
trusts" he said, but it is not advisable
in the first place and impossible in the
second. Trusts have grown and exist
because of the natural course Of hui
man evolution. Trusts of themselves
are not harmful The solution seems
to me to be in having such legislation
as could cause their profits to be dis
tributed.
Legislation should be to restrict
these profits to a living one only.
Neither if the great political parties
has dealt with this question correctly
for one pretends to be against the
trusts and is secretly helping them
and the other is making the false
move of trying to destroy them.
Il doubt if the present attacks will
solve the question, but the human
race has always shown its capability
/ to meet its own problems"
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1910-05-14
HENRY CLEWS ON
BUSINESS STATUS

Henry Clews New York; writing
under date of April 80, has the TO.
folwing to say of the business situa-
ton:
A feeling of excessive pessimism
has come over Wall street. For the
time being at least, favorable condi-
lions are ignored, and the financial
public appears to be dwelling upon
influences of a more or less unfavor-
able character. Chief among these
is the investment situation. This
cannot be called satisfactory. Dur
ing the first three months Of the year
about $6OO,OOO,OOO of new securities
have been authorized, a very consider
able portion of which consisted Of
bonds. The demand for the latter,
as is well known, has fallen fiat; the
reason being that investors insist up
on having better returns than the ma
jority of bonds afford. It should be
remembered that very large class of
investors who are dependent upon
fixed incomes have been put to posi- =
tive hardships by the high costs of liv-
ing. This class have frequently been
obliged to discard bonds and buy the
better class of dividend paying stocks,
especially as many of the latter have
been increasing their returns to stock
holders This insistence on the part
of the investor for better return is
an important factor in the present
situation.
Conditions are further complicated
by evidence that the buying power OF
the investing public has been at least
temporarily exhausted; either by the
excessive issue of new securities, OF
by reduction in savings. Time is re-
quired for correction of such g. situa-
ton as this. 1t is known also that
further large security issues are i'm
minent, and that inducements either
in the form of lower prices or higher
rates of interest or privileges of some
sort will have to be made to secure
market. The knowledge of this
contingency also affects security mar.
kets adversely. Dividend increases
have apparently become less popular
and seem to be signal for selling anC
lower prices; as witness New YorE
Central, united States Steel and Other
stocks which declined steadily after
dividend increases, and have been cri.
ticised in some quarters since.
The monetary situation excites some
concern, more perhaps than is ne
cessary. New York bank reserves
CONTINUED on page thirteen.)
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1910-05-14
meeting Of THE lava BRICK MEN

A very important business meeting
of the Honolulu Lava Brick Company
was held in the offices of the Water
house Trust Company at 10 o'clock
this morning, large majority of the
stock beng represented. The meeting
was special one and was held on ac-
count of the intended departure III
Architect H l.. Kerr by the Lurline
for the east. By unanimous vote Mr..
Kerr was empowered and authorized
to represent the company in his deal
ing with the machinery manufacturers
in the east
Mr.. Kerr will take with him from
Honolulu considerable lava rock and
lime ana will have the factory make
them up into brick while he is there
These will be returned to Honolulu
and placed in some place where they
may be inspected by all interested
parties.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1910-05-14
BUFFEM WRITES.

Joshua Buffem, young man who
has been more or less twitted for ex-
travagance in descriptive treatment of
usually modest subjects, is just now
running a series of articles in the
Louisiana Planter and Sugar Manu-
facturer on the subject of the sugar
industry of the Hawaiian Islands. In
asmuch as the beaten paths are being
followed, it is to be hoped that the
matter is as interesting to the CreoIes
as it is harmless.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1910-05-14
ALEXANDER
AND BALDWIN

The capital stock of Alexander Il
Baldwin, Limited, is to be increased
from 100000 to $4,000, OOO-provid-
ed, always, of course, that the stock
holders support the plan already de-
cided upon by the directors.
A small notice is now running in
the city papers calling for a meeting
of the stockholders OF the company
for the afternoon of May rs "for the
purpose of considering an increase Of
the capital stock of said corporation. !"
The plan in brief is to convert sur
plus into additional stock, the same 70
be issued to present stockholders. In
order to do this the total capital of
the corporation will have to be IN
creased by s2,OOO,OOO, and it is this
move which the stockholders will be
asked to kokua. Tnasmuch as the
matter has already been discussed and
approved privately by the larger stock
holders, no difficulty IN putting tn
deal through is anticipated
The move of Alexander & Baldwin
in increasing its capital stock is in
line with the present policy of other
large corporations Of the city. For a
long time the business of the concern
has been too big for the financial quar-
ters provided-to use a conventional
similitude. Recently, however, the i'm
portant affairs of McBryGe sugar Co..
Kauai Railway, Kauai Fruit & Land
Company and other concerns have
been added making the business Of the
corporation so very large as it seems
too-heavy, with its modest capital
of 100000.
The stock of Alexander & Baldwin
is not listed on the Stock Exchange
and, although sales have been fire.
quently made in the past year or two
transactions in the stock are always
private. The stock is considered to be
with about $500, the pair beisng 500,
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1910-05-14
STOCKHOLDERS MEETING.

ALEXANDER & BALDWIN, LTD.
Notice is hereby given that spe-
cial meeting of the stockholders Of
Alexander & Baldwin, Limited will be
held at the office of the Company,
Stangenwald Building, Honolulu, on
Wednesday, the 25th day of May, 1910
at o'clck p m. ror the purpose OF
considering an increase of the Capt.
tai Stock of said corporation.
BY order of the list Vice President.
e. q. PAXTON,
Secretary, Alexander & Baldwin, Ltd.
Honolulu. H., May 10, 1910.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1910-05-14
MARKET CLOSES
FIRM At WEEKEND

Although there were no big sales
and no extraordinary flourishes, the
stock market today was frmer in gen.
eral tone, giving a very satisfactory
closing to the weeks business. Those
stocks which are commonly designated
as active renamed In good demand
and there were inquiries of promis-
ing character in other directions. Buy
ers as a rule are cautious and there is
any hand.
Between boards there were sales Of
10, 10 and 100 Walalua at S137. This
morning holders were quite obdurate,
refusing to sell for less than S13S.
Bidding, however, was at $135. so.
Hilo Railway common stock remain
ed firm at ST. although it had been
suspected that the news of desirable
! arrangements with Davies & Company
for the extension or the system 20
| Paauilo would have the effect of send
ing the stock higher Between boards
125 and shares sold at SIT, followed
by 40 on the board at the same. At
the close Of the session this morning
$17 was still bid, with $17. % asked
Honokaa was one or the few stocks
! that seemed to manifest unusual
weakness. Between boards 5 shares
sold at $40 .375, followed by 20 ana s
at $40 .25 and later by and 10 at SEC
1926. Finally 20, so, so and were
sold at $40 fiat. At the close $19 81.
was being bid, with $40 asked.
Sales of 10 and 10 Eva were made
at $S3. so, after which the same was
bid and holders demanding $33.
Three blocks-5, and 40 shares
Oahu sold at S34 625, after which
$34. 625 was bid and $34. rs asked.
Fine Job Printynr. star Ofica
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1910-05-14
Financial and Commercial News
ID

rate of interest. These difficulties
might have been overcome by
branches, but the law made no provi-
sion for branch banks.
THE act of 1900 went a great way
toward remedying these difficulties, in
that it reduced the minimum capital
required, and also diminished the
number of bonds. to be purchased
from one third to one-fourth of the
capital.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1910-05-14
NOTICE.

A Service will be held at Saint An
drew's Cathedral at II a. m. on Fri
day, the goth instant, in memory Of
His late Majesty King Edward the
With With the exception of certain
seats reserved for officials and others,
the Cathedral will be open to all.
Those attending, who have not re-
ceived official invitations, are request
ed to enter the CaInedral by the side
aisles.
RALPH G. E. FORSTER,
H. B. NJ. Consul.
British Consulate,
Honolulu, May IA, 1910.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1910-05-14
TRADE IN
PINES IS RUINED

WASHINGTON, May Within
the next week or ten days the vessels
that will run pineapples from the Ba-
hamas to the Baltimore packing
houses will start on their voyages and
are expected to arrive back at Balti-
more early in June The locating of
packing houses on the Bahama Is
lands, the large increase in the guam
tity of the fruit grown in Florida and
other southern states and the admis-
sion of pineapples from the territory
of Hawaii have in the past two or
three years practically ruined the pine
pple importing business in Baltimore
Where a dozen vessels in former
years were chartered by a firm to
bring the fruit to Baltimore one or
two vessels can now do the business,
and the speedy little fruit runners
have been forced to seek other trade.
So far this season but two schoon-
ers are under charter for the pineapple
trade. These are the Clemmie Ira
vers and the J. Edwin Kirwin, both
OF this port. Two of the largest i'm
porting and packing firms of Balti-
more, which in past years employed
, a large fleet of vessels to bring fruit
from the Bahamas, will this year EN-,
ploy none and will depend upon the
fruit growers shipping it to them.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1910-05-14
HONOLULUANS BUY
OIL PROPERTIES

The following interesting story is
from Chester B. Ellis & Company's
market letter (San rranciscC):
A company of San Franciscans has
organized the American Sunset Oil
Company to develop fifty acres in the
northweskt corner of section 6, 1928,
secured in a lease from M. p. Waite
of Los Angeles, says the Bakersfield
Oil Journal. The property brought a
bonus of $12,5OO, and will pay a one
eighth royalty. The delay in secur-
ing supplies is holding back the be-
ginning of operations, but as soon as
the materials are landed on the grouno
work will be started.
The company is incorporated for
100000. Bert Hanford, who is also in
terested in the Natoma, is heavily in
terested in the new company. The
other organizers are John Plant, Chas
Kinsay and James D. Kennedy, all OF
San Francisco. Plant will have charge
of operations.
Kennedy is the son of James A.
Kennedy of Honolulu wealthy
steamship and sugar man on the is
lands. The elder Kennedy is investi-
ing in the California oil fields, are as
his island associates.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1910-05-14
MEETING NOTICE.
KAHuKu PLANTATION COMPANY.

KAHUKU PLANTATION COMPANY.
Notice is hereby given that a special
meeting Of the Stockholders of Kahu-
ku Plantation Co., will be held on
wednesday, the 18th day of May, 1910,
at 2 o'clock P. M. at the office of the
Company, Stangenwald Building, Ho-
nolulu, for the purpose of considering
an increase in the Capital Stock of
said Kahuku Plantation Co.
By order of the Vice President.
ELMER E. PAXTON,
Secretary Kahulhu Plantation Co.
Honolulu, May 6, 1910.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1910-05-14

Delegate Kuhio yesterday sent a
cable from Washington which makes
him member of the Prohibition
committee of one hundred, thus plac-
ing his influence solidly in favor Of
the affirmative in the coming plebisite.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1910-05-14

A part of Mr.. Kerr's powers is to
close the contract with the company
of manufacturers for the machinery
required. Being on the ground, he
will be able to provide for the maxi
ing of everything required.
Mr. Campbell, of the Warehouse
Trust reported that the last tests
mace of the bricks turned out better
than ever before, and that improve
ments were constantly being made rs
the material was better Understood d.
Everything points to complete sue
cess and the foundation of a big and
important industry added Mr.. Camp
bell.
The lava brick company has ac-
CURED a site near the Ocean View
tract in Kaimuki and VIII erect their
mandatory at that place. This 10
cality was chosen on account of it be-
ing close to large supplies of the kind
of material required
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1910-05-14
MEETING NOTICE.
HAWAIIAN SUGAR COMPANY

HAWAIIAN SUGAR COMPANY
Notice is herby given that a special
meeting of the Stockholders of Ha-
waiian Sugar Co. will be held on Tues
day, the 18th day of May, 1910, at 2
o'clock P. M. at the office Of the Com
pany Stangenwald Building, Honolulu
for the purpose of considering an in
crease in the Capital Stock Of said
Hawaiian Sugar Co,
By order of the End Vice-P President.
70. E. PAXTON,
Secretary Hawaiian Sugar. Co.
Honolulu, May 6, 1910.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1910-05-14
wILHELMINA's REPORT.

Castle & Cooke have received the
following message from the Wilhel-
nina: 124S miles from Honolulu;
fine sea, smooth; 2400 tons freight
for Honolulu, 725 tons Hilo; 76 pas
sengers, SO sacks mail, AZ packages
Wells Fargo express. All we'll"
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1910-05-14
NOTICE.

We beg to give notice to our friends
and the public that our slash price,
money raising sale will be continued
Monday and TUESDAY next.
YEE CHAN G. co.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1910-05-14
NOTICE..

Notice is hereby given that l have
appointed Mr.. G. P. Iaukea my at
torney-in-racy and that l VIII not be
responsible for any obligation con-
tracted for by others in my name
without Mr.. Iaukeas written order.
Signed LILIUOKALANl.
Dated Honolulu, May 18th, 1910.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1910-05-14

A memorial service in honor of the
late King Edward VII will be held at
st. Andrews cathedral next Friday
him member Of the Prohibition
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1910-05-14
HONOLULU RAPID TRANSIT &
LAND co.
NOTICE.


Commencing Thursday, the 18th n
slant, and until further notice, the
car service on the Hotel Street and
Liliha Street lines will be operated as
follows:-
MORNING SERVICE:
Through cars will leave Waialae,
terminus for Wyllie Street at 5:56 a.
m. and every 10 minutes thereafter up
to 1926 a. ~. Cars leaving Waialae ter
minus at $3.50, SAG, 1856 and 9:16 a
m. go to Aala Park, only.
A through car will leave Liliha and
School streets for Waialae at $3.50 a.
m. and from Wyllie Street for Wais-
lac at 5:55 a. m. and every ten minutes
thereafter up to S:35 a. m.
Cars leaving Wyllie street at S:25
and S:45 a. m. go to Alapai street only.
EVENING SERVICES:
Through cars will leave Waialae for
Wylle street at 1886, 1856, 4:16 and
4:36 p. m. and every 10 minutes there
after up to 6;O6 p. m.
Cars leaving Waialae terminus at
6:26 and 6:46 p. m. go to Alapai street
only.
Through cars will leave Wylle
street for Waialae at 1855 p. m. and
every 10 minutes thereafter up 10 6:l5
p. m.
Cars leaving Wyllie Street at 6:25 p.
m will go to Alapai street only.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1910-05-14

owing to the 18th falling on Sun
day; property, Income and conserva-
ton taxes will become delinquent aft
err the 10Th.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1910-05-14
STOCK EXCHANGE
1920 A. M.

Dividends-May IL: Hawaiian SUI
gar Co., 4Oc share; Oahu Sugar Co.
SOC share; o. r. & J.. Co., 75c share:
Pepeekeo 81 90 SHARE Waiama 75c
share; Honokaa loo share.
Session Sales-4O Hilo r. r. com,
S17 90; 8 Honokaa $40. 375; 20 Homo
kaa $40 %; 10. Eva 1913 .5O!,1O Ewa,
S33 so; Honokaa S2O.25; 3 Oahu
Sugar Co, ACES; 3 Oahu Sugar Co.
$34 625. 8 Oahu Sugar Co.. S34 625:
40 Oahu Sugar Co., go4. 625; Homo
kaa 500 1926; 10 Honokaa $40 1875; 20
Honokaa Sugar Co., 500 90; Homo
kaa $4,000; 5 Honokaa $40 90; 50
Honoksa $4,000.
Between Boards-15 Waialua Ag.
$137. 90; 10 Waialua S137 90; 125 Hilo
r. r. com Sl7.OO; 100 Waialua Ag.
$137 90; . Hilo r. R. com, S17.OO.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1910-05-14

HOTEL STREET LINE;-Between
the hours of S:44 a. M. and 4:O4 p.
m and 6:06 p. m, and 1855 p. IN.
cars will be operated on a 20 minute
Roadway between Aala Park and Wal
alae terminus.
LILIHA STREET NE:-Between
the hours of 9:07 a m. and 1857 p. m.
and 6:47 p. m. and 1887 p. m, cars
will connect with King Street cars 40
Liliha and King streets, only.
G. G.. BALLENTYNE
Manager.
The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1910-05-14

Fine Job Print1nr. star Office.
The Barre daily times. (Barre, Vt.) 1897-1959, 1910-09-29
COTTON LOCK
OUT OCTOBER |.
----~---
Decision Of British Master
SpinnerS
-
ABOUT l5O,OOOOPERATIyES
VIII Be Inyolved--Little Strike May
Cause a Great cOntest--A Local
Union Refuses to Arbitrate
Its Dispute.
ABOUT l5O,OOOOPERATIyES


Manchester, Eng Sept 2o--The Fed.
Grafton Of Master Cotton spinners de-
eided yesterday that they could make
no further concessions to their opera
tives and that the lockout OF 10000
men on October must become effective
unless the employees yielded. The whole
trouble originated in local strike At
the Fern mill in Oldham. The employers
demanded that the dispute be settled
BY arbitration and threatened general
lockout in the event OF refusal The
secretary Of the card-room amalgamation
replied that the strikers would not &C.
cept arbitration on the terms proposed
by the federation. The members Of the
latter now announce that they win 60
no further.
The Barre daily times. (Barre, Vt.) 1897-1959, 1910-09-29
RECEIVER FOR BOXING CLUB.
John Mooney Petitions for One for the
Armory Athletic Association.

Boston, Sept 30. John Mooney
brought bill in the superior court yes
terday, against Daniel w. Lance, Jere-
miah j. Murray, William A. Pierce ana
Abel S. Price, asking for the appointment
Of receiver for the Arlnory Athletic
association, which has quarters at 54l
fremont street. The club is one Of the
leading athletic organizations in the
state and holds weekly boxing exhibi-
tions
Mooney alleges that he and the de-
PENDANTS entered into copartnership to
share the profits Of the management OF
the club, and that dispute has arisen
between the partners He alleges that
the management ID not being run har-
moniouslv and that he is refused par
tieipation in the affairs Of the club In
view of the lack Of harmony, he wants
the association put in the hands Of a
disinterested person and to have the
court make such order as it deems best
for all concerned. An order of notice
returnable Friday was issued
The Barre daily times. (Barre, Vt.) 1897-1959, 1910-09-29
WISCONSIN is RADICAL.
Platform Adopted by the Republicans
Of That State Very Progressive

OF mat state very progressive
Madison. Wis. Sept. %. What Is
probably the most radical platform
adopted in a generation by q Republi-
can convention, was promulgated by
Wisconsin Republicans here yesterday.
The document Is about 1000 words
long It Is generally designated as a
radically progressive pronunciament.
No mention was made Of the national
administration, save 60 disparage.
Senator la Toilette, although far
from well. was present for the first
time. when the resolutions were read.
Mention Of his name was invariably
the signal for applause. He addressed
the convention briefly.
Features Of the platform are:
Condemnation OF the Payne.Aldrich
tariff act.
Physical valuation Of railroads and
more stringent regulation Of them.
Second choice primaries.
Initiative, referendum aud recall.
Anti.lobby law.
Graduated income tax
Home rule in liquor traffic
National control of natural resources.
Ad yalorem taxation Of corporations.
Condemnation Of the "pernieious ac-
tivityp in the recent campaign of the
brewery corporations, insurance agen-
eies and the binding Irvine trust
Employers liability laws.
Condemnation Of the suppression BY
special interest in Congress 81 the In
yestigations Of the country life com.
mission"
Regulation Of working hours of wom-
en- and children.
Urging the federal government to
determine the style Of craft best adapt
ed for .iyer use in the light Of future
improvement Of streams.
The Barre daily times. (Barre, Vt.) 1897-1959, 1910-09-29
OPERATION SUSPENDED.
Demurrage Rules Held Up Until First
of November.

Washington, Sept. 20 Announcement
was made by the interstate commerce
commission yesterday that it had sus-
pended until November / the operation
Of the official demuTrage rules in the
New England territory
BY this action a curious situation Is
created. The rules suspended are those
adopted by the National Association on
Railway Commissioners and recommend
ed BY that association and by the inter.
state commerce commission to railroads
and shippers.
Interstate roads in most Of the terri
tories Of the country have put the rules
into effect. The New England lines de-
clined at first to adopt them, but finally
announced that they would make them
effective, beginning October l.
Many protests against the enforcement
Of the rules were received BY the com
mission from New England shippers, be-
cause Of the reduction from 90 hours to
4s hours in the free time allowance,
the time which the shipper may have
in which to unload consignment Of
freight without the payment Of de-
murrage.