228 



Brought Forward 

 Coopers 

 Black smith 



Frappeur? (man who sounds the casks?) 

 Bookkeeper 

 European manager 

 Chief Engineer . . 



Fuel . . . . 50 francs per day 



Lubricant . . 3. 



Sundry . . 6.50 



= / 59.50 = $20 



7,300 



Yearly Salaries Wages, etc. Total . . $38,750 

 The mill requires a number of puncheons as oil containers, 

 and of bags for the kernels. 



Liverpool jmncheons are 1 meter high and 1.30 meters at 

 their broadest part ; their weight 281 pounds ; their content 205 

 Imperial gallons of oil, weighing about 1,590 lbs. 



The puncheons are sent out from Europe, packed in pieces 

 Teady cut, with bands, bungs, and bottoms, and put up at the mill. 

 Their cost at the mill was in pre-war days £1.19 made up as 

 follows : 



Manufacturer's sale price in Europe . . £1.6.0 



Freight 8.0 



Landing at the Coast and transport . . 2.0 



Cooperage (putting them together) . . 3.0 



£119.0 



The present price would be, say double = £3.18. 



As the mill has a nett production of 202 tons of oil to deal 

 with, it will require 285 puncheons costing at £3.18 each, £1,111 

 converted at £8.54 = $9,488. 



Kernels. Where loading facilities exist, the kernels are ship- 

 ped in bulk — but where boats have to be used to the steamer, bags 

 have to be used, which contain 1 hundredweight of kernels and 

 "Would cost at present say $0.75 apiece. The output of the mill 

 being 536 tons of kernels it would require; 

 10,720 bags costing 

 Transport to the Coast and loading: 



285 puncheons oil at $4.00 " ] 



10,720 bags kernels a.t $0.50 \ 



Insurance, freight, storage, Commission. Sliortage i.e. 



50% on $83,213 



So far the yearly expenditure of tlie mill would be as under: 

 Depreciation repairs, etc. . . . . $20,336 



$8,040 



$6,500 



$41,600 



Wages and salaries 

 Puncheons and bags . . 

 Transport to Coast and loading 

 Insurance, freight, etc. 



38,750 



17,528 



6,500 



41.600 



$124,714 



