Honolulu star-bulletin. [volume] (Honolulu [Oahu, Hawaii]) 1912-2010, 1916-02-25
This Years Crop Probably Last
One to Run Under 10000
Tons: Yield Per Acre Grows

Though the financial report submit
ted today TO the stockholders OF the
Olaa Sugar Company. Ltd, is very
cheering, the most optimistic part of
the annual statements are found in the
closing paragraphs OF the report OF
c. F. Eckart. manager
Mr. Eckart reports that the yield OF
sugar per acre for the plantation
fields for 1915 showed a gain of 35.S
per cent over that of the same fields
for 1913. and that the cost of bringing
Olaa cane to maturity was reduced
43.1 per cent This year will prob
ably be the last in the history of the
plantation when the sugar yield will
be less than 10000 tons, says the re-
port ..... ...:.
Net profits of the company for 1915
were SS07,32S, says the treasufer's
report Depreciation is figured at
$29,697. Gross receipts from sugar
sales we're $2,497,435, the labor bonus
was s41.330 and the unsecured in
debtedness was reduced by $274,014.
Manager Eckarts report follows, in
full -. -.
Crop 1918. +
1.-The harvesting of this crop was
commenced on December Z, 1914, and
completed on November Is, 1915. An
unusually early start of the grinding
season was considered advisable
owing to the increased output Of gu
gar expected and the possibility Of &C.
casional dry spells occurring to re-
tard the general Tuning operations.
AS it turned out, the crop exceeded
the official estimate by little more
than 800 tons and the weather condi.
tons from the beginning Of the year
to the end of September we're the dry
est on record
Altogether 2SS,116 tons of cane
were harvested, yielding 32,308.22
tons of sugar. The total acreage crop
ped was 6367.21, and the average yield
per acre, sou tons sugar. OF the to-
tai amount of sugar the output from
the plantation fields was Il, 101.61 tons
and from the outside planters areas,
15,206.61 tons. The slight increase
in the total area cropped over that
given in the last annual report was
due to the inclusion of certain small
patches of abandoned cane, belonging
to outside planters, which the pre-
vailing prices warranted cleaning out
and taking Off ..>....
Sucrose cotnent Low. III.
"The average sucrose content of the
cane for the season was abnormally
low, requiring SIS tons of cane to
make one ton of sugar. The average
extraction was 96.07 per cent as COM
pared with 95.19 per cent for 1914, and
Sail per cent for 1913.
"The prices for which the greater
part of this crop was sold were ex-
ceptionally favorable, the average
New York open market quotation, de.
termining the proceeds from our con-
signments, being 4.667 cents per
pound. The lowest New York quota
tionsunder which an Olaa cargo reach
ed the mainland market was, 1888
cents, and the highest quotation .af-
fectipg the plantation, sales was 4.88-
cents per pound. At this date, Febru-
airy Ia, there are 1, 1857 tons of 1915
sugar still afloat which may be ex-
pected to reach the eastern market
very shortly and under very satisfac-
tory price conditions.
Crop 1916.
) "Under this crop the total area is
5,662.62 acres, of which the planta-
ton fields occupy 3,041.73 acres, and
the outside planters 2,620.S9 acres.
The plantation field area comprises
3S0.G2 acres Of plant cane and 2,661.71
acres of ratoons.
Not only is the area of this crop
considerably less than that from
which the 1915, crop was harvested,
but the weather conditions under
which it was grown were particularly
unfavorable. The first growing season
was characterized by almost continu-
Gus rains, and the second growing
season by protracted droughts. The
estimated yield of sugar is 26,300 tons.
The harvesting of this crop was
commenced on January IL, and is pro-
ceeding satisfactorily, the juices being
somewhat better so far than for the
corresponding period of last year.
Crop 1917. ~
The total acreage OF this crop is
64S0.94, of which 332023 acres are
embraced in plantation fields and
3160.71 acres in outside planting con-