Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1912-12-09
BUSINESS ITEMS

BUSINESS lIEMS
An experiment in oiling the roads
in Kau district has been started.
One hundred acres of land on Ka
huku ranch are being cleared for
planting in corn next year.
Consular Reports washington of
Nov. 9 quotes The Star Bulletins re-.
port of Honolulu building permits for
October.
The Kona coffee crop is so large
this year that great difficulty is being
experienced in gathering 1t. Some of
1t is likely to be lost on account of the
scarcity of pickers.
Prices started to rise on the New
York stock exchange Saturday. but
break in some industriais checked
the advance. Beet sugar stocks drop
ped two and a half points. Bonds
were steady.
There was no change in the price
OF Centrifugals in New York on Sat
urday. The sale at 1892 reported by
private cable on Friday was probably
for future delivery. as the Saturday
press cable still quoted 4-O5.
Closing prices for Hawaiian stocks
in San Francisco on Saturday were.
as follows: Hawaiian Commercial.
34.25 asked; Hawaiian Sugar, 35 bid;
Honokaa, Z bid. 10 asked; Hutchin-
son, is bid, 1850 asked; Kilauea, IL
bid; Paauhau, 1926 bid; Union, SO
asked.
A Peruvian commission found on in
yestigation of conditions, to devise q
basis of operation of the employers
liability law, the minimum wage for
the agricultural and mining industries
in the coast region to be 40 cents. and
for the manufacturing industries So
cents; in the Sierra region, 20 cents
for agricultural industry and 40 cents
for mining and manufacturing indus
tries; in the Montana region, % cents
for all three.
With the Parker ranch people get.
ting in a large amount of lumber for
the erection of buildings at Kahuku,
the Volcano Stables getting their
lumber, machinery, ETC., on the
ground preparatory to starting opera.
tons on the lava flow road, and the
water pipe being transported along
the lines of the two new water sys-H
TENS, business is certainly on the
move in Waiohinu, says the HiloI
Tribune.
Sugar is the most important agri-
cultural product of Peru. Her exports
of sugar in 1910 were l33,S09 short
tons valued at $6,731 ,075, and in 1911
136, 699 short tons valued at $7.092,-
1872. The plantations in the vicinity
of Lima furnish 10000 tons of white
twashed) sugar and about 10000 tons
of 'ichaneaea" annually. Large guam
titles of rum and alcohol are produced
as by-products. There are no sugar
refineries in the country.
According to the Hilo Tribune,
there was no opposition at the meet
ing of the Hilo Telephone Company
TO the puroposal of the Mutual Tele
phone Company of Honolulu that the
stockholders of the Hilo company ex-
change their shares for stock in the
Mutual, thus giving the Mutual full
control of the local telephone. There
were 1874 shares represented at the
meeting out of the total of 1900 shares
in the corporation. The Star-Bu!letin
last week stated that the Mutual had
received an offer of the control of
the Hilo company.
To prevent the Stoppage of East In
dian immigration by the Indian gov
eminent, the planters association of
Fiji voted in favor CT the repeal of
the penal clause in labor contracts.
Word had Eeen received that the
clause was going to-be published in
India, and the opinion of the FIJI i'm
migration officer in India was quoted,
that on the day the penal clause ap-
peared on the indentures, Indian emf
gra ton would cease instantly, auto
and altogether" Nctifica-
ton was received from the colonial
secretary that the recruiting of Indi-
ans in Fiji for the Solomon islands
would not be permitted.