Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1914-10-03

The price of meat has been advanc.
ed materially in the city markets.
With the close Of the grinding sea.
son many plantations report substan-
tlal increases over estimates.
As the reservoirs are all fun. the
city authorities believe there will be
no shortage OF water this year.
Charles r. Forbes, superintendent
OF public works, has bought two lots
in Manoa. from Trent Trust Co, on
which he will build a home.
Guardian Trust Co. has sold to the
Japanese Buddhist Association 1880
feet of land in the s. E Bishop land
on School street for $500 Part of
this property will be cut up into house
lots.
Trustees Of the B P. Bishop estate
have opened residence tract on Ii
! liha street, and will sell lots thereon
instead of leasing them as the prac
! tfce of the corporation heretofore has
| been
| David Dowsett has sold the prop
erty of F. NJ. Swanzy on Beretania
street to the City Mill CO. for $4,000,
and the president of the company, c.
| K All, has begun the erection of a
! $4,000 residence thereon
Serious foods accompanied record
| in nNrfinnS Nf ct
week. Lihue and Waimea towns were
| flooded, as were many villages and
plantation camps. Much damage was
done to cane fields as we'll as to pub
lie roads.
Cuba finished the grinding season
on September 10, and cable advfces
say that the crop is 2,550.000 tons.
OF this virtually all has been sold,
only 10000 tons remaining on hand.
The first estimate for next year is
100000 tons below the present sea
sons crop.
Directors of the Honolulu Planta-
ton Co., at San Francisco, have in
creased the monthly dividend from 10
to Is cents, the first payable Octo-
Der 10 Honolulu is the only planta-
ton in Hawaii which refines its own
sugar, its product being white sugar
that goes into competition with re-
finery grades.
Hawaiian Trust Co. is opening a
portion of the John Ena property at
Waikiki, between Cassidy's and the
IN, ut NV kn foot
under lO-year leases at SIS to $3.50
per annum. Maeadam and roads, wa
ter, gas and electric connections are
provided by the company, which will
also improve a park space on the
ocean front for the common use of
leaseholders. Oscar White and l.. P.
Warner have built houses on the plot,
and others will shortly follow their
example.
Stockholders in Hawaii of Lake
View No Oil Co., at a meeting held
this week, voted to assess themselves
FIVE cents a share, for the purpose OF
defraying the expense Of an inVestl-
CATION of the affairs of the company.
A committee of three was appointed TO
make arrangements for the inVestlga'
ton. There is a strong impression
among the local stockholders that the
directors are not giving them a square
deal. especially In respect to the fail
ure to furnish reports Of the imam
ciai status Of the company. For near
" a year past the company has been
making heavy deliveries of oil to the
Standard Oil CO., and it has millions
4. sko yaf tlnFn ia
sign of any dividends.
On Thursday the Hilo Railroad co.
failed to pay the six months interest
coupons falling due that day, which
amounted to $4,000, and a state
ment was issued by its president, b. i
F. Dillingham;, explaining the cause !
of the default. He attributed it to
the failure of the railroad to secure |
sufficient business Also he stated
that, in the six months allowed under |
the mortgage to meet the coupons, ef- |
forts would be made to increase the
business as well as keep down eX-
penses. "The company has already
reduced its operating expenses con-
siderably below those of last year"
the president declared, "and can do .
much larger business at slight adj !
ditional cost" Further, he pointed
out that the Oahu railway. now very
profitable enterprise, in it's early his
tory passed through difficulties SINH
lar to those being experienced by the
Hilo road. The Oahu railway did not
pay a dividend for eleven years after
it was started, and there were times
when there was lack of money for |
the payroll
Edward POLITE & Co., San Fran
cisco on SeDtember 9 received the