The Hawaiian gazette., 1916-12-29
DAGASSE PAPER \
Z Il PLANT PLANNED
Concern Advertises Starting OF
Pulp Factory In
Louisiana

Utilization of bagasse for the manu-
facture of pulp and paper, now Deihg
piven earnest consideration by local
sugar planters, is being rapidly taken
up in Louisiana, according to copy OF
an advertisement in the New YORK
| World of December 3.
Plans have progressed so far on the
| mainland that a company has been or
m nized called the Sugar Cane By.Prod-
uets Company, and stock is being Of
Tered for sale. Private advices on the
concern are that it is not mere stock
| selling proposition, and that an attempt
a. commercial production of bagasse
pulp and paper will be made. The
company claims to own patents, and its
| mill is to be at New iberia, Louisiana.
| The advertisement setting forth its
prospects offers stock FOR sale, and
| reads: "Send us your subscription by
| December II, 1916, if you wish to Sc
cure seventy-fve per cent bonus of
common stock free with your purchase
! Of seven per cent cumulative preferred
4 stock in Sugar Cane By-PrOducts Com
pany, par value ten dollars.' Head
| quarters of the concern are in Suite S42
4 Widcner Building Philadelphia.
| ties were fully reported to the Ha
1 allan sugar Planters Association at
| the annual meeting b! =. RentOn Hind,
who strongly recommended the estab
| hshment of such n plant here. The
/ matter of securing estimates and com
mercial costs from an Eastern firm on
samples of Hawaiian bagasse is now up
| to the association trustees.
The advertisement of the Louisiana
company reads as follows:
"The Sugar Cane By.Products Co.
owns patents on processes for making
paper pulp, alcohol, nOn-Rbrous cplulose
and other valuable materials out of
bagasse (sugar cane rPfuse). 1t will
cost US $3.50 including raw material,
labor overhead, to, produce. materials
worth $3.50, on conservative estimate.
| This leaves an estimated net profit of
$1,000 per ton of bagasse banded Our
first mill, which is on 17-acre tract
in New Iberia, Louisiana, will have an
ultimate cdpacity Of 300 tons daily, or
an annual earnihg ability of 1000
/ sufficient to pay seven per cent on our
| cumulative preferred stock, ten per
cent on our common stock, and leave
i enough money to build another mill Of
similar capacity. Fifty of such mills
would neither use up all the bagasse
nor supply all the demand for the ma
terials We will produce, but their earn
ings on the same basis would amount
TO $45,000,000. No business could have
greater possibilities.
"The public and the publishers are
clamOring for relief from the scarcity
of newspaper that has cut down the
size of the newspapers and forced
many to raise the price to two cents.
But there will be no relief until we
start making pulp, because the forests
4 from which wood pulp timber is Sc
cured are giving out. We can make a
fine grade Of pulp and it will be snap
led up for cash as fast as we can pro
dnce it, besides the demand for our
other products.
"Our progress in financing our com
2any has been rapid and satisfactory.
"" have contracted for necessary ma
rhln"ry for operation and as soon as
it can be installed we will start pro-
duction ut our mill in New Iberia, La. "