Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1915-02-17
MAUI AGRIC. co. =
NETS PROFIT OF
100000 IN 1914
Haiku and Paia Plantations
Have Crop of 81. 900 Tons
Increase of 3340 Tons

The 1915 crop of the two major Maui
Agricultural Co. plantations, the Paia
Plantation and Haku Sugar Co. will
be 81 900 tons or 3340 tons larger than
last year, according to reports made
at the annual meeting. The years
profits from all the Maui Agricultural
plantations was $69S. 947.O5.
The total receipts for the year from
sugar, less marketing expenses, was
$2,16T, 843.26 and the expenditures ST.
S3S119.26, leaving a balance divided
among the partners as follows:
Paia Plantation, $169.572.33; Haiku
Sugar Co., $113 ,04S22; Kalialinui Plan
tation Co.. $9,42069; Makawao Plan
tation Co. $9,420.69; Kula Plantation
Co., $s,420.69; Pulehu Plantation Co.
| 9,42069; Kailua Plantation Co., So
420.69.
Following is the report made by
Manager H.%A. Baldwin:
At the beginning of 1914 our pros
pActs for a good crop were evident,
but anticipating low prices for the sea-
sons output our prospects did not
seem particularly bright Due to the
most unfortunate condition of Europe
an international affairs. we realized
high prices for the last 5000 tons mar
keted, and our operations for the year
were very gratifying.
The crop amounted to 1850 tons of
sugar of an average polarization Of
OIL degrees, which was sold at an
average New York price of ats cents
per pound for So degree sugar
The rainfall during the year was
greater than for any year as far back
as our records go, |. e., to and includ-
ing 1888. The total of 6S.32 inches
was we'll distributed through the year.
the only dry month being February.
1915 Crop-This promises to be, a
record crop, estimated at over $1,000
tons. We commenced harvesting No
vember 18th, and so far the yields
have been satisfactory.
Factory.-We obtained an average
extraction of 97.14 per cent sucrose
which was very satisfactory, in view
Of the fact that much of the time we
were crowding the mills. Our total
factory losses were 10.414 per cent Of
sucrose In cane. .
improvements. = During the past
year but little was expended under
this heading. A new eyaporating body
and an up-to-date Richardson juice
scale were installed in the factory,
and Sweetland filter press purchas.
ed; besides the construction of bag
sewing and printing apparatus. We
also finished the excavation work for
the Kauhikoa ditch, and commenced
on the lining. Improvements for 1915
will include the completion of our new
evaporating outfit and the installation
of two sets of sugar driers in the fac
tory, the lining of the< Kauhikao ditch
and the building Of a number of camp
houses. '..
Officers of the Maui Agricultural
Co. we're reelected as follows: ..
H. A. Baldwin president: S. NJ. d.
mon, first vice-president; j. P. Cooke,
second vice-president, y. Waterhouse,
treasurer; John Guild secretary; D.
B. Murdoch, auditor -
Board of directors-H. A. Baldwin.
J. P. Cooke, s.. NJ. Damon, F. G.. Ath-
erton and 8. A. Baldwin.
The Paia plantation officers are the
same - .-*ztjsk -
For the Haiku company there are
the same officers and directors, with
the exception of John Guild as secre.
tary instead of Mr.. Smith The latter
also Is not director s~a..