THE MALAY PENINSULA 221 



This shows an average cost of 22*17 pence per pound 

 in 1909-10, as compared to 17*30 pence per pound in 

 1911. 



To ascertain further the cost of production f.o.b. 

 at Singapore, Penang, or Port Swettenham, the returns 

 of twenty-two representative estates scattered throughout 

 the Straits Settlements and the Federated Malay States 

 are given. Careful investigation in connection with 

 these estates shows that the proportionate adjustment 

 of expenses has been made to revenue and capital 

 accounts, although there is invariably an inclination to 

 charge more to revenue and less to capital when any 

 doubt exists on the subject. 



The average cost of production on the twenty-two 

 estates selected was 17*30 pence in 1911-12 f.o.b. The 

 distribution of these charges was approximately 



Cents. 



1. Collection 32* 



2. Curing and preparation 5t 



3. Weeding 6 



4. Cultivation and roads and drains ... 61 



5. Management 7$ 



6. Hospitals, etc 5J| 



7. Transport *5o 



8. Commissions '50 



9. Shipping charges '50 



10. Rent 2'oo 



11. Export duty or assessment 2-50 



Total 67-00 



(67 cents = 17-30 pence per pound of dry rubber.) 



* Includes cost of implements, cups, etc., and a proportion of 

 depreciation on buildings. 



t Includes depreciation on machinery and factory. 

 J Includes a proportion of depreciation on buildings. 

 Includes depreciation on bungalows and all salaries. 

 || Includes salary of doctor and all expenses. 



