The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1915-03-05
CLOSES
PROSPEROUS YEAR
Interesting Facts Brought Out
At Annual Meeting Of -.
. Sugar Company -
(From Thursday Advertiser.)

The Pepeekeo Sugar company enjoyed
one Of the greatest eras Of prosperity
in it's history for the year 1915. This
was brought out at the annual meeting
of the stockholders of the company
held yesterday. In addition to hearing
the encouraging report of Manager
James Webster of the Hawaii planta-
tion the Stockholders also reelected.
the following officers;
Z. +. Bishop, president; W. IL. Baird,
vicepresident; George H. Robertson,
treasurer; u. A., r. Ross, secretary; S.
NJ. Damon, directorj T. R. Robinson,
auditor.
The annual report Of the treasurer
showed that during the year just closed
the company made a profit of $21l, I
1888, out Of which dividends- totaling
seventeen per cent on the capital stock
were paid. A balance of $S4 ,453.93 was
added to the surplus fund, enabling the
company TO carry over q surplus ac-
count Of $4S6,S42.S2. This is equal to
more than half of the capital stock Of
the company. - "
| Following is portion of Manager
Webster o report of plantation and
crop conditions on the Hawaii planta.
ton: 81 1910.
Crop Of 1914 ...ae
Having had n favorable season to
start its growth in. 1912, and more ia
vorable year IN 1918 to carry il along,
results were ahead Of expectations.
With all the improvements and altera-
tions of previous years in mill and boil.
ing house, we were able to get the crop
nf in good time before the effects of
the abnormally wet season of 1914 had
begun to show. - F..
Good Start for 1915 Crop ,,...
"This crop had the finest season on
record to start with and took full ad'
vantage Of it, but during 1914 it made
very little Roadway; a somewhat late
and pretty close tasseling of all the
fields precludes any hope of further
Growth. However, it built up we'll in
1918 and indications are for crop in
i the neighborhood Of 10000 tons. ~.
Poor Prospects for 1915
"This crop. had hard struggle IL
get through the ground, owing to the
prolonged heavy downpour of rain ex
tending over six months of the growing
period of the year. From about tbs
middle of April to the end Of Septem
Der the ground was soaked in water
Thoroughly stopping all aeration in the
soil, and the consequence is that the
crop is thin and patchy. After driei
weather came along the plants did theil
best to remedy matters by stooling Wig
orously, but, with it all, prospects are
none too bright for 1916. That and the
practical certainty of free sugar
\ make IL look like an of year: a., +.
Minis Doing Good Work ~, ..4F
1--WE. commenced grinding the 1915
crop on the eighteenth inst, and every
thing started off without a hitch. A
Ramsay scraper has been installed be
tween the second and third mills and ID
doing good work. Between the first
and second mills we put in a similar
conveyor, without the scraper; this il
much cleaner and more convenient
than the aprons displaced, and gives
satisfaction. The Messehaert growing
was installed on the rolls early last sea
'on, giving us an increased extraction
IT fully two per cent. Indications
point to another two per cent better
ment by the installation of Jeffrey
disintigrator by another season."