The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1912-06-07
RUBBER OUTPUT IS
REPORTED CROWNS
pahanp Company Yields Near,
Eighteen Thousand Pounds
IN Seven Months


eve mosths i77a7 pounds For the
month Of April the output was 32fO
pounds
The same adviccs state that the pro.
duction o. The raniong Oloh Rubber
! Company for the month Of Nav
reaches the satisfactory total OF four
Thousand, one hundred and sixty
pounds For April the output was two
Thousand. nine hundred and ifty-six
pounds, aud for the first FIVE months
of the year the production has been
1929.
These figures are very gratifying 10
the stockholders of these companies,
as il appears that the estimates made
for the first six months production
OF the Tanjong Olok was eighteen thou
sand pound up 10 July !, and for the
Pahang company the estimate for the
first six months of the current year was
twenty thousand pounds.
On the exchange yesterday $22 was
asked for the Pahang stock, the par
value being $40; and for the stock of
Taniong rubber company $40 was
asked, the par value being 800. All the
stock Of these companies is owned In
Honolulu. The plantations are located
Copper Reports.
few days ago reports were received
by the local stockholders of the Engels
Copper Mining Company Of California.
The reports state that very rich lodges,
containing both gold and silver, as well
as n large percentage of copper, have
been struck. and that within a few
months the smelter will be started and
then permanently continue in opera.
tioB. The shelter, state the dispatches,
! has not been started heretofore be-
cause there has not been enough ore on
the dump 10 guarantee continuous run.
ming. With the ore on the dump and
in sight the smelter can now be started
and kept running.
With the present high prices Of cop
per this stock should be a pretty good
thing to have. In Honolulu there are
probably a hundred and fifty thousand
shares Of stock in the Engels company
owned by local people.
Stocks Fall
Prices on the stock exchange yes
terday showed little weakening, most
of the stocks falling a point or two.
No great activity resulted, however.
II is reported that the brewery peo-
pie have received assurances from
Washington that there is no danger of
prohibition becoming effective in the
Territory in the immediate future, and
this stock has gone up to $2l.50 since
the last sale at $21.
The Taniong Olok and Pahang Rub
Der companies show strength on ac.
count of the favorable reports received
regarding last months production. il
being much in excess Of the produe-
tion for the month Of April and also
greater than the estimates made for the
first FIVE months of the year.
w. E. Brown Quits.
Announcement is made that Willard
f. Brown, president of the brokerage
! firm of Halstead & Co, Ltd, has
retired from active participation in the
management of the company, and
leaves for the mainland next Tuesday
for a several months vacation. HI
still retains an interest in the firm
of Halstead & Company, but will en-
gage in some other business upon hi
return from his vacation.
The name of the company will no
be changed and business will continu
to be carried on along the same line
by w. A. Love, who with Mr.. Brow
owned practically all of the stock o
the concern.
In confirmation of the report curren
n on the street yesterday, Mr.. Brow
said:
! eyes, ] have gone out of the activ
business as a stock broker. No, don
say I've retired, for / have neithe
the means nor the inclination for that
. but after following the stock quotation
. constantly for sixteen years have d.
- cided TO change my occupation. al
y turning over my seat on the stock e'
change to Mr.. Love, who, by the wa!
was one of the original five organizer
I of the exchange in 1893. was al
other OF that hVe, but MT. Love Sol
IS ms sea' Wnei nc anu "o"' i"'o par
e hefsnip. u ,., e;o, :,
5. am stn' ie.ainiae nm nta;na - -
8, Isrest III the nm, pu1 an gse.ins VI
II OF tns he.INe wg. .H ~" sa, La ss.
70 the mohgoun WIN ny iny % F.,