Honolulu Star-Bulletin from Honolulu, Hawaii • 18

THE SATURDAY STAR-BULLETIN, OCTOBER 10, 1953 PAGE 18 Waterfront TRADEWINDS Many New Ideas Tough Competition Seen Aid Harbor Commissioners Touring To Islands7 Export Business Today's toush competition in Mainland markets help Hawaii's nf tho fradP dPvrlnnment nanel dis- 1 In r5 E3 i i riitSon participated in here yesterday by members of the Honolulu cSberP orf Commerce and of the San Francisco Chamber of Harbor Projects on Kauai By PETE OILMAN Star-Bulletin Waterfront Reporter The Territorial Board of Harbor Commissioners was to hold its first meeting in more than a month today at Lihue, Kauai, and is combining the meeting with a tour of inspection of Kauai harbors. Ben F. Rush, manager and chief engineer of the board, returned work Tuesday after a month's visit on the Mainland. merce trade delegation now visit- ii i i i ii i 1 1 1 Kam School Opens First FM Station; Non-Commercial jiawan in st jiiequcu.jr lation (FAD radio station in The 7,174 gross ton vessel is a British flagship out of Glasgow, Scotland. She stopped in Honolulu September 25 to pick up partial cargo to add to her Fiji raw sugar cargo.

While in port, it was discovered the vessel was taking in water in holds 4 and 5 and a complete investigation was made. She discharged part of her cargo for ballasting and will reload when the repair work is completed and she is ready to sail. NEW BOULEVARD BUILDING-Richard K. Miyamoto, inset, Is the owner of Kapiolani Boulevard's newest building, the Liberty Security Building at 1631 Kapiolani. Mr, Miyamoto was one of Kapiolani's first business tenants, eight years ago, when the area's development was begun.

The new structure represents an investment of close to $60,000. Business Report operation high on the mountain-; told the trade onfer-1 braMatic record PIa'er th $tro-ide which forms the site of the -JJJ eCXnCe h- "as tTllin boscPe the Cinebeam Kamehameha Schools iSout compm kamehameha. pointed out that the exclusive for It operates on 88.1 megacycles Francisco delegation is not the! with a power of 10 watts. only one that has come to Hono-l Another new Zenith develop- The studio and transmitter Julu to seek goodwill He noted SS ffirientlv nlaced in a room in one that Seattle. Portland, Los An- "rcuil nicn nas parucuiar signi-Sf the Sz bSl theKl.Seles and other cities had sent flcance or televiewers in outlying metometa GWs ShSl-Konia.

delegations to the Islands. reception. This large room was designed andjN0 QXGER SUBURBS BLOCKS NOISE constructed for Brfn "HonoluluMr. Camp empha-i By a gate-like action, it blocks installation. It has also a spacious no longer a marketing! off undesirable noise disturb-stage and, by the use of tau of San Francisco.

lances and prevents them from get- ing panels, can be cut into a class-, Mr. Camp said, "is! ting into the TV picture. Hard Work and Nerve Pay Off For Investor R. K. Miyamoto By ROBERT JOHNSON Star-Bulletin Business Reporter This is a Hawaii business success story.

It's about Richard K. Miyamoto, 38, a man who believes that hard work is the way to get ahead and can prove it. Eight years ago Mr. Miyamoto was a clerk with the Board of Harbor Commissioners. Then he became a pioneer of sorts.

i uuui duu au ujim The first Frequency Modulation While there, Mr. Rush attend ed a convention of the American Association of Port Authorities at Vancouver and at Toronto. Later he attended the Cleveland convention of the Propeller Club of America. He was elected a vice-president of the American Association of Port Authorities at Vancouver. The meeting on Kauai is part of the board's orientation plan to familiarize new board members with Territorial ports other than Honolulu.

September's meeting was held on Hawaii. Mr. Rush said board members will inspect Port Allen, Nawili-wili and Lihue harbors, and tour the Waimea area where the board has an allocated $75,000 for a new boat harbor. At the regular meeting, board members will discuss the various bids to construct the Pokai Bay breakwater, and inspect bids to construct a sewer line at Kewalo Basin. They'll award a contract to repair the leaking shed roof at Hilo's Pier 1.

HAWAIIAN DREDGING ASKS PIER ALTERATION The Hawaiian Dredging Company has asked the Army, Engineer Corps for permission to alter the west side of Pier 40 so the pier slip would coincide with the company's property line The dredging company would have to move the existing pierhead and bulkhead west two and one-half feet. CAPE NELSON IS UNDERGOING REPAIRS The Lyle Shipping Company's freighter Cape Nelson, at Pier 27 in Honolulu Harbor, is still undergoing repairs and her departure date is not known. Your Money's Worth GEORGE RAWLINS JOINS DAVIDSON AND CHUDACOFF George Rawlins this week joined the staff of Davidson and Chuda- coff Company as assistant to the resident manager, Harvey S. Bnnn. Mr.

Rawlins, who has been in the Islands for the past 30 years, has held numerous executive positions with local res-taurants and shops. In 1923, he wrote food and cooking columns for The George RawlinSRoH Davicson aud Chudacoif is a meat wholesaler outlet. AUSTIN TO ATTEND HOTEL CONVENTIONS Gvvynne Austin, manager of the Big Island's Kona Inn, leaves next Friday for the Mainland to attend two hotel conventions. He will first go to Montreal where the American Hotel Association will meet October 19 through 24. Then he will return to the West Coast to attend the California State Hotel Association convention to be held in Palm Springs November 1-4.

Mrs. Austin represents the Islands on the Resort Hotels committee of the American Hotel Association. He is expected to return to Hawaii sometime prior to November 15. FRANK SAFARIK JOINS SCHUMAN USED CARS Frank Safarik. for 8 medical service representative in the Islands, has ioined the staff of Schuman's Used Car depart- ment at 365 S.

Beretania Strppt Mr. Safarik, who is married and has two children, has had prior experience in used cars and auto mobile and speed-boat ra inz. The Safariks live on Lilipuna Road, Kaneohe. Independent Dealers Plan TV Organization A formal organizational meeting of the Independent TV Dealers Association has been called for Sunday, October 18, following a meeting of almost 50 dealers here yesterday. According to A.

J. Walton of Walton's TV Sales Service, yes- vi-iuaji iiiicun, acL UjJ Humiliating and by-laws committees and elected him temporary chairman and Russell Smith of Davis TV Service temporary treasurer. The dealers are organizing, Mr. Walton says, to "improve TV dealer-distributor relations we are confident they will be im proved. The committee, to draw by-laws Elation win De on me air uauy cjne of the things the Islands in the afternoon Monday to he said, is venture capital, day.

Its regular hours are 2 to "invest a little money with us," 3 p.m. and on some days it will he said, "and you'll get a good re-operate for longer periods, 'turn." On Tuesdays ancl Thursdays i That San Francisco is aware of programs will be designed for; Hawaii as a growing and changing Raising Nation's Debt Limit Inescapable for Congress By SYLVIA PORTER NEW YORK, Oct. 10 There's a bitter irony behind President Ei ing Honolulu. The competitive situation which gives Hawaii an advantageous position in seeking new markets for new products was touched on directly by one Honolulu panel member. James A.

Camp, manager of Merchandisers Hawaii. nrir on the march. General conditions on all the Islands are improving. market was indicated by one panel member from the Bay City delegation in particula Leo Sievert, representative of the president of the Santa Fe Railway and a director of the San Francisco chamber. TO SOLVE PROBLEMS Mr, Sievert said the San Franciscans are here to find out what Hawaii's marketing and other problems are and to help solve them, in addition to further cementing business relations al ready in existence.

He emphasized San Francisco position as the first port on the Pacific Coast and its long history of trade with Hawaii. "San Francisco," he said, "wants to find the answers to your problems. Tell us what they are, specifically, and if we can't give you the answers, we'll get them for One San Francisco delegate, during a discussion period, asked for specific instances of opportunities for capital, investment in Hawaii. J. Scott B.

Fratt, chairman of the Industrial Research Advisory Council and a panel member, noted Hawaii's developing passion fruit industry and the need for development of sugar byproducts for cottle feed. MORE HOTELS Mr. Camp pointed to Hawaii's need for more tourist hotels, the construction of which already has attracted Mainland capital, and for the promotion of such new industries as small food manufacturing plants. The San Francisco delegation next week will tour pineapple and sugar plantations and plants on Oahu and visit representative businesses in Honolulu before holding a summary conference next Wednesday. They return to San Francisco on the Lurline October 19.

Other panel members at yesterday's Royal Hawaiian Hotel conference were James K. C. Doo of Yat Loy Company, who outlined Hawaii's merchandising trends; Lewis D. Leflar of American Factors, who discussed the Islands' distribution system; C. J.

Henderson of Castle Cooke, who explained the plantation agency system, and F. Kemmis Cadwell of the Union Oil Compiny in San Francisco. Edward Kum to Coast Edward W. K. Lum left recently for the Mainland for a three" week vacation.

He is em- nloved bv the Coco Cola Com- nanv and is the son of Mr. and Mrs. Lum Tong Sau of 2312 Ka- ealii Avenue. rh bort lit pliM et chart oundlBt. tBtl nn1es By th IBWltli I fhft Amntfi rlVPtl tb Chtft.

To find tftt the JoUcwinf placet, esther dd cr wbtrtct Sun- Jloen I I' Included in '54 Zenith TV Line The 1951 Zenith television sets- complete with many new features for better sound and vi.fwi"8T fe to local Zenith deal- yesterday. The Von Hamm-Young Com jpany. Territorial distributor for Zenith radio and TV equipment, presented the preview showing at the Queen's Surf, John A. Miguel manager of the International Division of Zenith Radio Corporation, arrived from Chicago for the preview. The Band Shell speaker, the Co Styling of the new models ranges from stately period designs, to traditional, contemporary, and ultra-modern.

There is a wide choice of woods blonde Afara. limed oak, walnut, brown-toned and ebony-finished cherry and the new coppertone as well as conventional mahogany. Introduction by Zenith of its Co-bra-Matic record playing unit with Stroboscope was hailed as the most significant record player advancement since the inception of the Cobra-Matic in 1950 The new unit permits visible, pin-point adjustment of turn-table speed for perfect sound reproduction. The new unit measures record revolutions-per-minute at speeds of 78, 45 and 3316, -plus the new R.P.M. speed at which the new talking book records are being produced.

Community Chest's Pacemaker Campaign Off to Good Start The Honolulu Community Chest's first week of Pacemaker fund-raising is ahead of last year's "des'pite the fact that we faced the most highpowered competition in our history," Morley L. Theak-er said yesterday. Mr. Theaker is chairman of the Pacemaker division of the Honolulu Community Chest. Captains of 19 Community Chest Pacemaker teams reported on their progress at a meeting at the Y.W.C.A.

Advance contributions total $162,554 representing 35 per cent of the Pacemaker goal of This is $31,000 more than was collected in the first week last year, and was accrued despite the fact that "some of our key men have been tied up entertain ing Vice-President Nixon, Prince Akihito and the San Francisco Chamber of Commerce visitors," Mr. Theaker said. Leading the 19 Tacemaker teams was N. F. Banfield's team which reported in with $15,150, or 66 per cent of team quota.

Registering 60 per cent of their quotas were the teams of Allan Bush W. M. Bush and G. S. Waterhouse.

The general public subscription campaign for the Community Chest will begin October 26 and continue through November 7, The over-all Chest coal is 023,292. Firemen Will Stage Half-Time Exhibition The Territory's Fire Prevention week will close tonight between the halves of a football game in Honolulu Stadium as the Honolulu Fire Department demonstrates fire fighting. Firemen from Engine Company 2, the Waterfront Station and the Kakaako Ladder Company 1 will show ladder work and latest fire fighting techniques under the direction of Fire Captain Arthur Meyer. Narrator will be William Jones, Chief Fire Inspector. Milton R.

Bigham, president of the Hawaii Board of Fire Underwriters, said today after his return from an extensive Mainland trip that he did not believe any state had conducted a fire safety program as far reaching and as thorough as Hawaii's. Sinclair to Mainland President Gregg M. Sinclair of the University of Hawaii will leave for the Mainland today on a five-week business trip to be climaxed by attendance at the annual Land-Grant College Conference in Columbus, Ohio November 10-12. Dr. Sinclair plans to visit Government, university and private organizations concerned with i higher education on his cross- rniintn? trin.

to senhower's latest promise that he'll Much of Refiners tar by-product is burned under its own boilers as fuel. But Mr. Englebright notes that there is a shortage cf coal tar on the East Coast at present while there, has been no market for it in the West. Mr. Englebright says Refiners already has shipped one "experimental" tanker load of tar to the East Coast and expects to charter a ship for a second load next month.

A new West Coast market hinges on development of plant facilities there by Mainland interests. Mr. Englebright was elected a director of the Pacific Coast Gas Association in San, Francisco last month during his attendance at the association's annual convention. RETAIL BUSINESS UP IN SEPTEMBER Total retail business done in Hawaii for September, 1953 was more than $1,000,000 more than the amount done in September, 1952. But wholesale business by the same comparison fell off almost half a million dollars.

The fact that wholesaling has not risen in line with retailing, according to one tax analyst, indicates the growing practice of retailers in Hawaii to by-pass wholesalers and purchase direct from the Mainland. Here are the figures for the entire Territory: Retailing for September, 1953, totalled $44,963,041, on which a Territorial tax was paid of For September. 1952, the comparable figure is 496.465. Wholesaling Territory-wide in September, 1953. totalled In September.

1952, it was $20,186,954. Last month's wholesale tax was $197,762. For Oahu alone the figures are: September, 1953, $37,393,765 for retailing. September, 1952, it was $36,274,105. For wholesaling it was $18,338,859 for September, 1953, and $18,583,853 for September, 1952.

Accountant-Office Manager 32, degree, experienced. Best references, interested in moving tp the islands. Resume ovoilcWe on request to H. Sherwood, Box 305, He took a 40-year lease a 4U-year lease on 20,000 square feet of undeveloped property on Kapiolani Boulevard and went into business. "When I first got in," he says now, "people sort of laughed at me.

It was strictly a dustbowl. They said I wouldn't last three months." He becan with a small dry Cleaning business the Up-to-Date Cleaners. It's still there, at 1633 Kapiolani Boulevard. But today the little cleaning plant is over-shadowed by Mr. Miyamoto's second capitalistic venture.

By borrowing $50,000 and scraping up some cash, Mr. Miyamoto has completed this month construction on his leased property of a $60,000 Office building. It had its formal opening October 2 as the new home of the Liberty Mutual Insurance Company's Honolulu office. And on the second floor of the new building Mr. Miyamoto has as tenants the International Fidelity Insurance Company and Stanley Matayoshi, certified public accountant.

Mr. Miyamoto's tenants have signed five-year leases. His building provides a gross income of more than $7,000 a year. His $50,000 loan will be paid off in 12 to 15 years. And the "dustbowl" area into which Mr.

Miyamoto moved eight Lowell P. Dillingham. "Mr. Dillingham always en couraged and helped me," Mr. Miyamoto says.

"And I have worked hard. No Sundays off. 12 to 14 hours a day, no real vaca tion. "I hope I have made an example for the next generation, that under the American flag each one has the same opportunity. If I lived in a foreign country I doubt if I have this opportunity." REFINERS SEEKS TAR MARKET ON MAINLAND A.

E. Englebright, vice-president and general manager of the Honolulu Gas Company, is back from a month's trip on the Mainland where, among other things, he worked on the development of a market there for Pacific Refiners' tar. session this year to boost the national debt limit. For the President knows and I underscore the word "knows" that he's simply postponing the explosive debt limit fight, to 1954, MOONBEAM BREAKS UP; KONA OFF TO TAHITI The 36-foot ketch Moonbeam, nearing San Pedro. California, from a voyage from Honolulu, ran aground near Point Vincente early this week, and Coast Guard officials said yesterday she's a total loss.

The ketch Is owned by Orin Thorkildsen of Newport Harbor Yacht Club in California. She participated in the Transpacific Yacht Race last July and had been cruising the South Seas since then. The ketch was estimated to be worth $18,000, by Paul Mitchell, one of the crewmembers sailing her back to California. He and Jack de Coney, another crewmember, told the Coast Guard i the ketch had been enveloped in; a heavy fog for two days before sighting Point Conception, about 200 miles north, the Associated Press reported. Chick Allen, harbormaster at Ala Wai Yacht Harbor, said thej 40-foot schooner Kona left Ala; Wai this week for Tahiti.

i Robert Houtz, who owns the schooner, and Paul Blackford are manning the" vessel on her cruise. They did not say how long a voyage they planned. not recall Congress for a special $275 BILLION LIMIT The limit on our national debt is $275 billion. It has been at this mark since 1946, and hours before it adjourned Congress refus ed the President's request for a $15 billion hike. As you read this, the debt is hovering around $273 billion.

In a couple of weeks, the Treasury will borrow a chunk of cash from the Nation's big institutions which will push the debt to within a few hundred million of the absolute legal top. By using this cash and drawing down its balances to what Hum phrey deplores as a dangerously low level, the Treasury will be able to pay its bills and squeeze by to the year-end. SHORT BREATHER Then it will have an easy time for a while, because most of the year's taxes are collected from corporations and individuals in March and June, and the Treasury should have a nice surplus in the till in the first six months of 1954. In fact, it should be able to pay off some debt and get the total back to, say, $270 or $271 billion in those months. But beginning in July, 1954, the seasonal drain will be on and the debt problem will become acute, if not intolerable.

Because of the way its tax collections are bunched, the Treasury will sink deeply into the red in the final half of 1954 and it REPORT OF THE FINANCIAL CONDITION of the i i I i school audiences with lladio Workshop students of the Kamehameha Schools doing much of the work. On Tuesdays and Fridays between 7 and 10 p.m. there will be a program for the enjoyment of adults. PROGRAMS LISTED A sample of the programs for the Tuesday and Friday evening broadcasts follows: p.m. The Keeipe of the Wees, a program presented by girls in the Junior class at the Girls School.

This program will be heard every Wednesday at 2:35 p.m. 8:50 p.m. High School News, a program presented by girls in the Kadio Workshop class. This program will be heard every Monday, Wednesday and Friday at 2:30 p.m. 8:55 p.m.

High School Sports, a program presented by Doys in the Radio Workshop class. This pro-. gram will be.heard every Monday and Friday at 2:35 p.m. 9 p.m. Adventures in Research, a program transcribed from the Mainland which dramatizes an important scientist or inventor every, week.

This will be heard every Tuesday at 2 p.m. p.m. French in the Air, a program transcribed from Paris which presents a conversational French lesson weekly. This will be broadcast each Thursday at 2:15 p.m. 9:30 p.m.

The People Act, a tran- i sensed series of outstanding network documentaries, which wili be heard every Friday at 2 p.m. 10 p.m. Sign off. Master of ceremonies for the opening and station manager is Robert F. Ritterhof f.

George Is chief engineer and the KVOK music director is Luryier Diamond. TWO OTHER. FMS PLANNED Two other frequency modulation stations are planned for IIo-riolulu. The first is KAIM which 1 vnrtpfl in trn nn thp nip November and the second Is a station at the University of Hawaii, details of which have not been worked out. KVOK and the University of Hawaii stations are non-commercial, KAIM is a commercial station.

KAIM is backed and Is being constructed In the Kaimuki Bowling Center by C. R. Palmquist and Cornelius Keur. It uses the first four letters of the word Kaimuki as its call letters. KAIM will operate on 85.5 megacycles and with 6.Q00 watts.

STARTS LEAP YEAR An all but forgotten ruler, Queen Margaret of Scotland, is the lady credited with introducing special privileges for unmarried girls during leap years, says the National Geographic Society. In the leap year 1283 she ordained that any single young man who rejected an offer of marriage from a maiden would be fined one pound or less, according to his means. for the new association are: years ago, today is solid with FurnftureE'andhA "Jinces' Avalon)briht ncw office buildings, Hamanaka" oMsiand Radio jtaurants and automobile show- Service Sales Company. 1 rooms. liarTe Fuiikawa of Geore's AP" i Mr.

Miyamoto gives credit to Horace G. Davis of Davis TV Service. jtwo things for his success hard work and the encouragement of a key election year. Secretary of the Treasury Hum- Dhrev admits and he pulls no 4 puncnes about it AAA jjl i die lOlAO that he can't see how he can avoid asking Congress to lift the debt ceiling next year. Every Republican politician realizes that a battle over boosting the maximum on the Sylvia Porter national debt will be brutally embarrassing in an election year.

Every Democratic politician is equally-aware that this is a made-to-order issue which they can play to the hilt. MIRACLE NEEDED Only a miracle cbnsisting of massive spending cuts, record-high taxes and a surplus in the budget can help the Administration happily over the debt limit hump. This miracle seems less likely by the day. The debt limit will have to be raised in 1954. If it isn't raised early in the year, Congress will have to vote a boost later in the year right before the elections.

I'm not making idle predictions here. I'm basing this on conversations at the top level in Washington and on statistics at my fingertips now. Here's the tale: CUTTIES COSTS IN INDUSTRY Tide, Sun, Moon Tables for Honolulu T. S. COST AND r.EODFTir POtVFT Stl FEDERAL BCILDtXG HONOLULU, T.

H. OCTOBER, 1933 will be borrowing money by the billions. Even if the budget is approaching balance by then, the borrowing will be imperative. BIG BORROWING If the huriept. is as linhalanrpd in mid-iojvt as it now armors iiivPiv it ho th hnrrmvin may run to $8, $10 billion or more.

It won't be able to borrow unless the limit is raised. The Treasury can't default on its bills. The United State Government just doesn't default on bills. It will have only one choice in mid-1954 to beg for a debt limit boost if the boost is not already in the law. The Administration will try to get the debt limit raised early in the year and by a big amount.

The Democrats will try to hold any! increase to a small amount at a time, in order to keep the issue constantly before the voters. In a special session, this would have been front-paged daily. Ini a regular session, it may be buried. That's about the only thing i the Administration "gains" by the delay. And the President knows it, Humphrey knows it and Wall Street knows it.

532.500.00 327,799,80 489,473.49 2,736,414.57 44,716.59 111,779.86 8.230.638.03 4,064.783.32 150,432.24 4,215,215.56 $1,750,000,03 83,400.00) $1,601,600.00 1,750.000.00 503.822.47 100,000.00 4,015,422.47 8.230.638.03 None 1,363.355.62 1.179.583.97 HAWAIIAN TRUST COMPANY, LIMITED located at 120 S. King Street, Honolulu, Island of Oahu, at the dose of business on the 30th day of September, 1953. attaaMttwaawwBwwwaMMatiMaMaMtMtMa ASSETS Loans and Advances 3,937,953.72 U. S. Government Securities.

Other Bonds, Notes and Debentures Corporate Stocks Cash and Due from Banks Furniture. Fixtures Equipment Other Assets TOTAL ASSETS Trust and Asency Credit Other Liabilities LIABILITIES Balances i The western College Conference in San Francisco, I November 13-14, will complete All tT. fm The columns et hiht et tt elevtlon tYsm h.n w- from timt ef tide height of high wtr as ir.airatea iretn the Honolulu prenicnone Tide HiKh Water tow Water Day Tune Time Ht. 10 :31 am FiiturdtJ 4:44 pm 11 am Eunday 8:13 pnt 13 am IZtmiij i 45 pm 13 T'JMday :53 pm 14 8 47 am Weflnasdsy 15 55 am Thursday 11 pm 1 10:59 am XTlday 11 13:11 am Saturday 11.5 am 19 Sunday 13:48 pm 1 1 49 am Monday 33 13' am Tuesday 3 15 pm 31 314 am Wntcifjday 3 SS pm 23 3 ft am Tlrirday 3 37 pm 33 4 4i) am Friday 4 17 pm 34 Saturday 4.5(1 pm 25 13 am Sunday 8 4 pm 38 7 am Monday 44 pm 37 roum Tuesday 13 pm 38 9 02 am Wednesday 1014 pm 39 1Q 03 am Thuriday SI 41 pm 35 10.53 im rndty 31 13:33 am Saturday 11:49 1st 3 0 3 0 3 0 0 7 3 ft 0 3 ft 3 0 1)t 13 09 1 1 3 II 1 i 1 7 II IS 3 1 1 3 3 3 11 3 4 0 3 4 II 7 3 0 3 3 0 3 1 5 1 0 1 1.1 It l.S 13 pm 10:33 pm 1:38 pm 11:01 pm 3:56 pm 11:36 pm. i I CI i 0 3 4 4 0 3 9 '91 i 0 1 0 4 4 -43 pm 13 3S am :37 pm 1:33 am 3 29 am 41 pm 5 10 am 1 11 i' 30 am 7:3 pm 7 39 am 0 0 0 4 03 pm 0 1 43 am 0 1 33 pm 4 1 0 3 03pni 61 19 39 am 9:31 pm 0 3 tm lo ot pra 13:41 pm 10 35 pm 1 53 pm 3 IS pm ll.ii pra i 0 3 a I 0 1 4 04 03 4:35 pm 13 am 5.30 pm 3 :17 am 6 CS pm 4 CS am 33 pm 5 43 am pm 0 4 4 3 ei A3 OS 03 Bt ft W.

Pert r-rt All-n. EtnM 1 1 KtwfiiwUl Bay. Kiual 0 29 0 8 Hinalel By. Kttil -1 4 4-0 HiWts, wstalua Bty, I 3S WiBM. Otha -HI 09 Hnum By Oahu 5 Waimanalo, Oahu 1 IS Kanoha Bay, Oafcu, 1 3 tale Bay.

Otho 1 sn -J-" I Kaanaktktt. Moloicat 0 IB 4-0 Maul 1 3S 4-0 cl art TOTAL LIABILITIES CAPITAL ACCOUNT Capital StockCommon (Authorized Unissued Surplus Undivided Trofits Reserve for Contingencies Profit In any industry depends to a great extent on the efficient, economical handling of raw materials. "Caterpillar" equipment for many years has helped Hawaii's industries in this respect, "Caterpillar' Diesel tractors, Bulldozers, Scrapers, Shovels, Motor Graders, Engines, Electr.ic Sets and Marine power plants have contributed to the profitable operations of Hawaii's agricultural, construction, fishing and allied industries. The staff at the Tractor Implement Department of Theo. H.

Davies Company, can show you how to cut costs and increase efficiency through the use of equipment. Come in any day for free consultation on your problems or we will send our men to see you on your job. THEO. H. DAViES LTD.

Tractor and Implement Dept. 935 Dillingham Blvd. at the sign of FAT. OFF. Bet pm 9:39 pm 31 pm 11:21 pm 12:25 ai tva tm 3.30 tas 7 51 tm 58 un 10 01 11:00 am 11:53 tm 13 .3 pm pm 38 pm MOOS rHAStS yew Moon.

Oct. t. Flrt Quarter. Oft. IS.

fail Mown. Oft. 22 Last Quarter. Oft. 33.

twilight trn twur 11 minutes Eld St KlJ :23 am :11 pm 9:49 am C.SSam 9:10 pm 2S tm :10 pm 10:38 am 1.28 am 09 pm 11:30 am 38 am 9.09 pm 13.33 pm am 4 07 pm I ST tm pa 1:37 pm 4 37 am 9:05 pm 3 49pm 0.37 am CCSpm 9:04 pm 4:01 pra 9.3 am 9 03 pm 4 43 pm 9 33 am CC3pm 37 pm .29 am 1.02 pm 6.14 pm 9:30 am 9:61 pm 7:07 pm 4:30 am 9 01 pm 03 pm 31am 9.0(1 pm 0.02 pm 31 am 3:59 pm iB.CSpm 4.31am IMpra 9.33 am 9 51 pm 11.J7 pm 33 am pm 1.33 a 57 pa 13.53 im BSSpm 1:41 tm .33 no i I Dr. Sinclair Mamiana itinerary. He will return November 20. Statisticians to Meet The Hawaii Chapter, American Statistical Association, will hold a dinner meeting at Kewalo Inn at 6:30 p.m. on Monday, October 12 Mr.

Daniel V. Bergman, manager of Territorial Surveys, wili speak on Problems and Procedures in the Sampling of Consumer Preference. The public is invited to attend the dinner and meeting. Reservations may be made by calling Fred Colland at 50-2951. TOTAL CAPITAL ACCOUNT TOTAL LIABILITIES CAPITAL ACCOUNT.

MEMORANDA Pledged Assets (Book Value) Cash on deposit in banks (included in above) earmarked or held specifically for paying trust and other fiduciary credit balances Trust and other fiduciary credit balances required by law or agreement to be held intact or deposited in fiduciary bank accounts Territory of Hawaii City County of Honolulu SS A. F. MAHN, Vice-President and Treasurer of the above-named trust company, do solemnly swear that the foregoing statement is true to the best of knowledge and belief. Subscribed and sworn to before me A. F.

MAHN" this 2nd day of October, 1953. Vice-President Treasurer ANNA JANE NOA Notary Public, First Judicial Circuit, Territory of Hawaii. My commission expires December 13, 1954. WE DO NOT TRANSACT A BANKING BUSINESS Itlhft, Mm! B. Uvil -0 cwra tunrsw.

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