The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1915-11-19
BROKER ESTIMATES
SOME PLANTATIONS
t They Are Good Prophets 1916
viii Be Another Good
Year

In spite of announcements made By
the plantation agencies tire brokers'
along merchant street have done some
independent figuring on what crop
yields are going to be and what divi.
detds will be paid next year by some
of the plantations. These "guesses "
are based on reports as to plantation
conditions obtained from independent
sources.
Olaa Sugar Company will probably
harvest a good 200 tons more than the
manager $ estimate Shipments to
date have been 30,SOO TONS about 1920
tons still ahoat on the ship that had
to change direction after the Panama
slides. 1t is believed that the balance
of 1918 sugar still to he harvested will
total fully 900 tons This will bring
the 1915 total up to at least 81, 100
tons. the brokers say. The Hyades
landed a good cargo of Olaa sugar yes
tcrday at 500. This will bring the
credit balance of the plantation in
agents hands, up to at least 1896, 900.
Counting on arrival of aAOats at the
eastern market at four and a half cents
Olaa should have a credit balance be
tween $450,000 and $50O,0OO on Janu-
airy |, 1916.
Waialua Agricultural Company ought
to have between $4,000 and $4,000 tons
next year, the brokers think. The com
pany has set aside the money to re-
deem all its outstanding bonds, amount
ing to 1921 900 and will probably start
the new year with a credit balance, in
agent 5 hands, amounting to between
$465,O and $500,000.
OnOmea Sugar Company besides pay
ing 80 per cent this year will end the
year with credit balance of about
$70O,OO0 in agent $ hands. Over and
above this OnOmea has special in
New York, which is drawing per cent
interest. The monthly expenses of this
plantation average about 10000. The
brokers estimate the 1915 crop at prob,
ably 81 900 tons
Pioneer Mill Company with -four
cents as the price to be obtained for
it's 1904 tons Of sugar still afoat or
unsold will end the wear with a credit
balance Of about $426.OOO. If the sugar
sells at five cents this balance will run
over $+5O,OO0. The running expenses
of the plantation are about $100, R0C
per month. The brokers estimate the
1916 crop NJ 81 900 tons.
. Oahu Sugar Company should have
/ over 100000 TOYS ncrt year. New land
! already planted is $50 acres. The com
pnny still has | 600 TOYS Of sugar tG
S"ll 1t costs tho plantation about
| %I27,ooO per month, running expenses
and tho" viii he credit balance of
al out 4S3j, Geo in agent 5 hands Dcccm
/ bcr 81
EVA Plantations win have about %,
OON trns next r-oU. After disbursing 4
nrohahla ~ per cent this year the com
panv will have about $TO000O il
AGENT : hauIs on December 81, 1913
! Th" rrnniu" expenses are about s 300,
600 per anuum.
Wnimaunlo Sugar Min romnany vii
nrnl,rhIv urv vCrv heavy extra drNi
den IS ut tn" crd of this crop, Thn
~" =. !" 80 CLOSELY held.
Kcknha Sugar COmnarv. tive Nr"r ""'
r"v viii 30 good $4,000 tons next
year. The running expenses of th'
plantation ar" 5000, 900 per annum. I've
company is paving "a per cent thi'
v"ar and viii have n credit balanr" OF
coco 600 December 81 after payin.
&I60.00O into the sinking fund. TIN
q eiukino fund now amounts to uhou
$6OO,UuO.