OCR Text |
Show ., Si. r,-.r in Hawaii. 0. BritUh West It it sugar planters will regard their cotnpi ors in Hawaii with envy if.the foiecasi of tno icport of the llutchihson Plantation Company, 4 vt, 1- lijhed by tho Wall Street Jouinal, proves correct. This company is one of the oldest sugar-plan lln companies in the Hawaiian Islands, and will (: ays that journal close the physical year endinp in May next with it ampins of not lead than iJloJjOOO in cache, all expenses incidental to the coming crop being paidi The crop for 1808, which is absolutely assured, will amount to 10,000 tons oi sugar. At $70 a ton, this would net the con-puny JjTl'O.OOO, aid, deducting the annual expenses of $50,000, which is aiiout 10 per cent in excess fopast yenraf' it would leave ii'iiet profit of f,45O,O0O; This on 50,000 shares, would show a to suit of JO a fchaio. The company incienscs, it is stated its cultivated area' by fiom LOGO tojJOOO acics annually. European Mail. i i - mnii . |