The Hawaiian gazette. [volume] (Honolulu [Oahu, Hawaii]) 1865-1918, 1917-06-15
EXPANSION MARKS
PROSPEROUS YEAR
-. FOR SAN: CARLOS
Extensive ADDITIONS Made To
Factory and Railroad;
Contracts Increase
NEW CROP PROMISES TO
a.. BE BEST YET HARVESTED
Finances Of Philippine Milling
Company In Excellent
Shape, Says Report

-...b $1,000 g.,
Stockholders of the San Carlos Mill
ing Company held an adjourned meet
inc Yesterday and received. reports for
the eighteen months ending December
81 last. The report Of G. II. Anterior,
treasurer, is an excellent one and shows
assets of 81 ,224, 972.96 on a capitaliza-
ton Of 5000 900 and a bonded indebted
ness Of $394,00O. There is a credit
balance in the profit and loss account
of $4lS, $685.. a.......-r
The San Carlos Milling Company is
n Hawaii corporation with property at
San Carlos, Negroes, Occidental, p. l..
Practically all Of the stock is held here.
Last October the capital stock was in
creased from $400,O0D to $60O,O00 by a
stock dividend. A cash dividend of
three per cent was paid on December
Is last, Regular dividends are one per
cent monthly, r.. I. ~,
Last year the acreage of the company
was $3.50 and crop of $1,000 tons was
harvested. The estimated crop for this
year, since there is a shortage in the
Philippines, rs $4,000 tons and the acre
age is 1882. -....t 80. L-.....
The report Of p. J. Bell, manager,
says in part:
Factory Additions Extensive
After our first crop of sugar was
sold, it was definitely decided to in
crease the capacity of our factory from
six hundred tons of cane per day to
one thousand tons per day. The ma
ehipery was accordingly ordered, but
deliveries of the machinery were de-
layed so that none of it was available
for the 1915 milling season.
"Most of the machinery for the ex-
tension arrived in July, 1915, and was
installed in good time for the 1916
milling season. The units installed con.
sist of two boilers, two heaters, four
mud presses, ten settling tanks, four
erystalliZers, twelve concrete masse-
cnite tanks, one circulating pump, and
the necessary pipes, CUTTERS, eonveyors,
etc, TO connect the new units to the
original equipment. To-. ... e
More Milling Contracts ...
with the factory capacity in,
creased, we were able to contract for
additional cane and negotiations were
opened.
- Plantations 'Santo Thomas, Car
men and La Fortuna were admitted
term and an agreement for one, season
only was made to mill part of the cane
from plantation 'Vallehermoso, and
all the cane from 'Santo NinO.
with the exception of 'SantO Tom
as, the mill receives forty five per cent
Of the sugar from the above haciendas
for manufacturing. Fortuna how
ever, has provisional agreement,
whereby the mill received forty per
cent of the sugar for the first five years,
fifty per cent for the second FIVE years,
and forty FIVE per cent for the balance
Of the term of contract. +
t'The total number of acres under
contract, actually planted and harvest
ell during 1916 were 6,029. This does
not include 'SantO Nino' and Vale,
hermosO,' which are estimated to have
about S75 acres in cane. There were
also ratooned for 1886 several fields
which were cut for seed and have not
been included in the areas just stated.
Railroad Is Extended
Contracting with additional haeien-
das neeessitated extending the railroad
to them and there was built during the
fiscal year 81 miles of permanent rail
road, 6.5 miles of which were main
line and 2.6 miles were spur tracks.
There were also built five steel rail
road bridges and two wooden bridges.
You now have a total of 29.2SS miles
81 permanent track, to which will be
aided this year about 1852 miles TO
complete the track through plantation
Carmen and to extend the spur on
Neguri to a point from where we take
eur lime supply.
DROUGHT Injuries Crops
Rowing to the drought which pre-,
vailed from January 10 to May 10,
1915, in which time less than three inch,
es of rain fell, the l9l5l6 crop got a
poor start. Many of the fields that the
planters had intended to plant had to
be ratoOned on account of there being
insufficient moisture in the grOunl TO
spront seeds after the middle of Feb,
ruaTy. IT,.
'When the rains did come in May,
the cane seemed TO start growing fair,
ly well, but up TO the first of Deem
Der the prospect for big crop did not
appear encouraging. However, the
rains continued almost as one would
have ordered them from May until the
present time and the out turn of the
crop has been much better than any.
one concerned had expected.
"The crop statistics will appear later,
for at present the harvest has not been
completed.
New Crop Started Wen
"The 1867 crop was started under
very favorable conditions. Planting
was afaFtad in NoVamhpr lQIb and