The Pacific commercial advertiser. [volume] (Honolulu, Hawaiian Islands) 1885-1921, 1905-01-24

but not more than half of the same are
in full bearing yet.
Thls years crop from these six plan.
tatlons is 100000 pounds and promises
to exceed the estimate about 90 pei
/ cent.
We are fully convinced that coffee
! raising IN Soconusco is a good and
sound proposition, depending largely,
however, on proper and efficient man
agement, which applies, of course. To
> any business proposition and we feel
quite safe in testifying to the efficiency
and completeness of the organization
that the Hidalgo Plantation and Com
mercial Company has inherited from
Mr. Harrison
rms organization is the result of sew
eral years of experience and the prin-
cipaI parts of it, both in the office and
in the field, are men of experience and
ability, and each one is adapted to his
particular kind of work
1t consists of Americans, Englishman.
Germans and natives
We are able to gather from the va
rious accounts and books presented to
us for inspection that the price obtain
ed for the coffee from the Hidalgo
Plantation for the last years sold in
San Francisco realized on an average
1851 cents per pound this being for
the first, second, third and fourth class.
We found on going into the labor ac-
count that the cost to grow and market
the same was 6.5 cents per pound,
leaving a profit of 1861 cents per
pound.
1t must here be remarked, however,
that this labor account also included
the planting of some sixty acres of new
coffee, as well as the caring for sew
eral thousand trees two and three
years old, which are not yet producing,
so that if the proper proportion of the
expenses We're charged to this account,
that is to say, capital account, the ac-
tual cost of producing and marketing
this coffee would be considera bly, less.
We visited plantation of consider
able size owned by a German firm who
kindly allowed us to see their books,
from which We took these figures;
Income $50. $3.50
Operating expenses. SO, 1882
- SAT, 1855
The capital invested on this plan
tation was $74, 49,. 80, thus for the year
1904 it showed profit of 81 per cent on
the original investment.
This plantation has trees ranging
from 1 to II years of age, about 70 per
cent of which are in full bearing
We visited several other plantations
during our stay in Soconusco, and were
we'll satisfied with everything we saw
there. and it is our opinion that it
stands AL as a coffee producing coun-
try.
In conclusion We would state that we
We're well pleased with all we saw,
nothing being denied US from any of
the officials of the company to prose-
cute our inquiries in the best way we
saw fit, titles, deeds, coffee sales and
books being placed at our disposal to
make whatever examinations we
thought proper, and such information |
and knowledge as we gained from
them we verified by our inquiries of |
the owners and managers of other es-
,ates in the Department of Soconusco. |
Respectfully submitted,
Sgd. Geo. r. Ewart, Honolulu, T. H.
Harry ]. Miles, San Francisco, |
California.
James G. Harrell, Sacramento |
California.
Geo. Newcomb, Salem, Mass.
None of these gentlemen, whose sig !
natures appear above, are connected |
With the company except as investors.
Figures giving cost of production,
unning expenses, etc, may be found in
complete report issued by Brainerd Fl.
smith, Stangenwald building, fourth |
oor, Honolulu, T. H.