The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1905-01-21
Report OF
Geo. R. EWart and Associates
on rHE HDAd0 PLANTATION AND COMMERCIAL COMPANN'S
RUBBER LANDS AND COFFEE PLANTATIONS AND on LAZAcU-
ALPA RUBBER PLANTATION SITUATED N THE DEPARTMENT
or SOCONUSCO, STATE OF CilAPAS MEXICO.
RuBBr r.

from The minute invest cations We have
made, both as TO the coffee and rubber
Industries. We are fully convinced that
the conditions DOB the Department of
Soconusco for the growing of these two
important articles are ideal. and for
Ia Zacualpa and HidalgO properties
under the present management, partic-
ularly so.
We would here state that a great
work has been done on la Zacualpa
and the results achieved are surprising,
especially when 81 Us remembered that
it is the pioneer company and has no
doubt had to suffer for its want Of ex-
perience IN the beginning, as Is natu-
raj in an undertaking so entirely neW
TO the world.
Hidalgo which win be under the same
management, viii have the benefit Of
this experience without having to pay
for IT,
We consider therefore, that there is a
great future for the property.
COFFEE.
The following Plantations We're visit
ed: Laguna del Carmen, Alicia. Hi
dalgo, Paris, Santa Rosaha and Esme-
ralda, containing 10000 acres all owned
Ia fee simple, and We verified titles to
some.
1900 acres are planted but not more
than half Of the same are in full bear
ing yet.
This years crop from these six PLAN
tatiOns is 100000 pounds and promises
to exceed the estimate about 20 per
cent.
w ,ro f,,tt,, lor,,t,o.d tb,+ ooee.o
raising in SOconuscO Is good and
sound proposition, depending largely
however, on proper and efficient man
agement, which applies Of course "a
any business proposition and we feel
quite safe IN testfying TO the efficiency
and completeness Of the organization
that the Hidalgo Plantation and Com
mercial Company has inherited from
Mr. Harrison.
This organization Is the result Of sew
eral years Of experience and the prln-
cipal parts Of IT., both in the office and
in the field, are men Of experience and
ability ana each one IS adapted to his
particular kind OF work.
II consists Of Americans, Englishmen,
Germans and Natives.
We were able to gather from the va
rlOus accounts and books presented r.
us for inspection that the price obtain.
ed for the coffee from the Hidalgc
Plantation for the last years sold In
san Francisco realized on an average
1861 cents per pound, this being foi
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, leav,
Ing profit Of 1861 cents per pound.
IT must here be remarked however
that this labor account also included
the planting Of some sixty acres of new
coffee ~ well as the caring for sew.
eral thousand trees two and thre,
years old which are not yet producing
80 that II the proper proportion Of tn,
expenses were charged to this account
that Is 10 say Capital Account the &C
tuaI cost Of producing and marketlnt
this coffee would be considerably less.
We visited a plantation Of consider
able size owned by a German firm VIII,
kindly allowed US to see their books
from which we took these figures.
Income ..,............ $780, $3.50
Operating expenses. 39.499.62