The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1912-02-20
NAHIKU RUBBER
IN GOOD SHAPE

The seventh annual meeting of the
Nahiku Rubber Company was held last
Saturday morning in Kahului, when
the report of the manager was sub
mitted and the prospects of the com
ing year were reviewed
There was generally a strong feel
ing of optimism among the sharehold-
ers in regard to the enterprise, which,
while slower in coming to a profit
paying basis than had been expected,
seems to be altogether sound 1t is
reported that something like 40 pounds
of rubber per day is now being pro-
d duced, and Manager W. A. Anderson
believes that the present year will
bring returns sufficient to pay for the
upkeep of the portion of the planta-
ton now producing, although probably
not the entire running expenses Of
the company.
President d. c. Lindsay reported
that although it had been found neces-
sary to call out the full assessment on
Iassessable stock, which had not been
contemplated in the beginning, still
the new year starts with bright pros
poets, and with considerable money in
the bank to their credit.
The company has about 400 acres
gF
During the past year the labor situa-
ton has improved, through the estab-
lishment of an eating house and other
conveniences for the workmen. Roads
have been built which makes all of
the plantation accessible.
During the past year about $4,000
trees have been tapped one or more
times, and an equivalent of about 1900
pounds of dry rubber obtained. Ten
hundred and twenty-siX pounds have
been shipped, and returns received
from 2S5 pounds. The highest price
realized was S1.01 per pound. The
total cost of tapping, collecting, cur
ing, and shipping amounted to So
cents per pound. The cost, for the
month of December, however had been
reduced to 6S.9 cents, and a still great
er improvement in this respect is eX-
pected
The assets of the company are
placed at $146,661O5. The net install
lation for the year amounted to $10,-
: 746.25, or total to date of $92555.41.
d DR. Wilson at Col. Harveys New Jer.
N0SO0G0s.H.Ssr.. .rHsIg0SOOOo0O1
sey summer home, Mr.. Watterson
says:
ITO confuse and mislead the pnblic
h has latterly adopted a policy OF
alternate silence and sneering. Giving
the lie direct to my statement that
was asked to help the financial eni OF
his campaign and declining my offer tC
submit the proof of its truth to a body
of gentlemen and democrats equally
concerned with ourselves for the well
being of the party, he thinks to cloud
the issue and escape it's menace 10y
L turning upon me the irresponsible
- chatter of a literary bureau which
j., claims to live off the immaculate con
: tributions of subscribers having wings
j., harps, and halos, and which has beer
4 for weeks flooding the country witt
o every manner of Justification, The very
existence of this, to say nothing Of the
sources of it's being, should set honest
{ people to thinking.
Y Calls Ryan Story Lie.
, THE Ryan story, which has made
such an impression upon the unknow
ing and unrehecting, was as far as il
@ related to Col. Harvey, a lie out o
l. whole cloth. Though Gov Wilson
d knows this, he has allowed it to cir
u culate without "a word Of contradic
d ton.
v 81 might have asked Gov Wilson
4 how he could reconcile his objection
= to Ryan money, which had not We
! been offered him, with ms demand 10
n Carnegie pension money, which hat
q been denied him. But although grow
. ing a little impatient under his sudGel
!. change of demeanor, did not WIsn Il
be disagreeable.
v Meanwhile let me say that whil'
II the governors tardy repentance ma,
e placate the forgiving Col. Harvey
d whilst it may even satisfy the sus
ceptible Mr.. Ryan refuse lonee
to follow man whose nomination
l. would, in my judgment, be a disaste
q and whose election a calamity