The Hawaiian star. [volume] (Honolulu [Oahu]) 1893-1912, 1906-12-05
LOCAL MEN FORM
RUBBER COMPANY


CONTINUED from Page One).
the term of 900 years and the rental is
low, considering the rentals demanded,
and paid, here for sugar lands. This
land of the pahang Co.. according to the
prospectus, is on the line OF a great thor
oughfare on which an automobile freight
and passenger service is maintained The
road, it appears, bisects the property
and makes transportation an easy mat
tci
Para rubber, according to the writer's
who have made study of the subject,
is easily the best for all commercial pur-
poses. This is the variety that is grown
on the upper Amazon, from which sec
ton until recently, large bulk of the
worlds supply has been obtained. 1t is
known as the Heyea Brasilienss end pc
.culiar conditions are necessary to obtain
good results in its cultivation. The soil
and climate of Malay is all that could he
desired by the rubber grower and as the
wild rubber of India, as well as Brazil,
is rapidly disappearing, and as it is stated
in the India Rubber World, 90 per cent
of the rubber i'm the future will come from
the British possessions. the Pahang share
holders will probably derive some of the
beneficial results which come to the sue
cessful planter.
The lands of the company comprise
2O25 acres of excellent rubber land and
of tbi- ,ho,t ono brp1roJ oorns bo ~.
been cleared and nursery of three acres
stocked with Hevea shoots which, ac-
cording to the last reports from the mana
ger, are doing well. The acquisition of
the land is the outcome of a visit made
| by DIR. r. c.. Waterhouse to the far East
year ago with his brother in law, Mr.
Harding. They travelled in various rub
Der sections and after careful inspection
and inquiries among the planters in Cey-
lon and Malay decided upon the section
in tire state of Pahang. Only certain
of the leases could be perfected at the
time owing to the routine form of the
British Government, from which the
lands are obtained. DR.. Warehouse,
who is largely interested in local rubber
corporations was so well pleased with the
outlook that Ire left Mr.. Harding in
Pahang and returned to Hawaii, Mr..
Harding having full instructions to pro-
coed with clearing not less than a hun
bred acres and to establish a nursery.
Since then whatever work has been done
has been at the expense of Dr. Water
10 n wi
now form the official board of tire COM
lpany was so satisfactory that there was
no difficulty in interesting them in the
proposition. But a company could moi
be incorporated on a few acres of LAND
so it was necessary to await the fina
action of the Government in the East
a prospectus was drawn and adopted
FRO forma so there would be no further
delay when all details had been completed
This accomplished last Friday and today
it is said, only few of the shares re
main for disposal.
The personnel of the officials is a re
commentator to local investors for they
are known favorably as men of keen bust
ness foresight with conservative tenden
cies. The profits accruing from rubber
are larger apparently. than from any
other agricultural product and they arr
made so by the really advantageous, tC
the employer, prices of labor in the faI
Eastern countries. Fifty, and even one
hundred per cent dividends the second year
after tapping are not unusual and the con
-. e h.
Gus stocks is rapid. Some of the tales OF
tlfese rises of the stocks on the London
market are really phenomenal and, al
times, incredible. \ gentleman who was
here a few months ago stated that he had
bought shares in one company at a pound
each and sold, after holding a short time
at four pounds sterling. The quality OF
the rubber grown in Malay, is, for com
mercial purposes, superior to any othel
variety and the cultivated trees are send
ing out such returns tlrat it has proven
infinitely better TO cultivate than to gath
err from the wild trees. Aside from thu
many other advantages the perpetuatior
of the industry can best ne done by cult
waiting and tapping on approved modern
lines. The indiscriminate hacking Of
trees results. in many instances, in killing
them resulting in absolute loss of any
future crop.
The officers of the Pahang Rubber Co.
are:
+. c. Waterhouse, Presidents d. p r.
Isenberg, Vice-President; Fred. r. p
WaterhOuse, Secretary and Treasurer
+. A. Knudsen, \. w. Carter, c. r. Hem
mingway, Directors.