The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1916-05-23
SUGAR. PLANTATIONS
SHOWING INCREASES
Dividends Paid In 1915 Markedly
Gain Over Those Of Year
Before

An interesting comparative statement
Of sugar. statistics appears n the cur,
rent Issue Of Trent TRUSTEES, shoTina
the figures Of twenty two sugar proper.
ties, az IN Hawaii except the San Car.
los Milling Company, The total capi
81 Of the combined properties is $63,,
100000 and the net earnings Of twenty
Qf the properties in 1914 we're $s,727,
os4; in 1915, $17y Oo4, 2l0, All the prop.
critics earning.
SeveHteen Of the properties paid divi.
dsnds in 1914 amounting 10 S5.3l7 ,S2s
aud in 1918 eighteen paid 1901. i52.
The undivided profits OF eiRatesJi in
1914 were Gil 1854, $50 and last wear for
all $l7, 6S5, 766. Cash Oh band end
credit With agents Of eigbteeu in 1914
was $6,053,42D and In 1915 twenty two
had $9,4l4,6 43, The production Of the
twenty-five properties in sugar in 1914
was $40, 1914 tons, and 442,676 tons in
1915. " ~. -
Paauhau highest "
For 1918, Paauhau shows the highest
average returns on sugar sales, after
dedpsting marketing expenses, iss net
being eighty. four dollars and seventy.
Eve cents a ton, while e. G., y 4. shows
the greatest profit a ton of sugar, or
1899, while Pioneer Min made sugar
cheaper than any Of the others, pro
Iducing il for thirty seven dollars ton.
Included in the profits a. ton sugar
shown are sundry other earnings.
From the figures published il would
appear that the average net return on
lall sugar manufactured by the planta,
tons mentioned, after deductinR mark,
citing expenses was eighty dollars and
fifty four cents. The average cost of
production, including interest and de.
,preciation, but not market expenses,
was sixty dollars and seventy-two cents
and profits ton Of sugar produced, in
Guiding sundry other earnings of the
properties were thirty-six dollars and
seven cents. r..
+, Trent TRUSTEES predicts d rosy out.
look for San Carlos Milling Company,
the first sugar plantation financed in
the Philippines by Hawaiian capital.
The. outlook Is stated to be quite en-.
,eouraging at present and the quantity
of sugar to be produced is far beyond
the original estimate. The latest in.
formation from the San Carlos man,
'ager states that the outturn of the mill
viii be. 1900 tons, of which the com.
pahy share wiz be about $500 tons.
Production Cost Lowered
BY reason Of the larger crop the
cost of production will be materially
reduced; last year it was fifty -seven
dollars and fifty. four cents per ton of
sugar company 8 share while the man.
ager claims IT will be forty-three and
thirtytwo cents this year or a saving
Of fifteen dollars and twenty-five cents
per ton of sugar. Whom the outlook for
obtaining a charter to transport the
crop to either San Francisco or New
York was decidedly discouragipg, low.
est offerings being close to fifty dollars
a ton of sugar, the company sold $500
tons of this years crop to refiners in
Japan at sixty.six dollars ton I. o. b.
San Carlos. The shipping situation has
cleared somewhat and the company is
Just tbout to close a contract to ship
the balance of its sugar to San Fran
cisco at approximately twenty dollars
a ton for freight, etc.
If the entire crop Company 3 share)
were sold to refners in Japan on the
same basis as the $500 tons, namely
sixty six dollars ton net San Carlos,
the company would make a profit this
year Of $l25,O0O or twenty three dol
lars and sixty-eight cents per ton. AS
suming however, that one half the
crop will bring six cents a pound, 1920
ton and allowing marketing ex-
pense of thirty dollars a ton, thus OBJ
tanning an average sale price of seven.
ty eight dollars a ton net, a profit of
thirty two dollars and sixty -eig ht cents
a ton, or $4,000 would res ult.