The Cost of an Estate 7 



For the sixth year one may safely count on 10 Dols. 

 nuts per tree ; assuming that only copra 

 is being cured, there will be a yield from 

 these of 1,130 piculs (i picul = 133! Ib). 

 It takes 220 large nuts to produce i picul. 1 

 The picul is worth $8.00, ergo total ... 9,040 



Seventh year, from 3,400 piculs of copra at 



$8.00 27,200 



Eighth year from 4,500 piculs of copra at $8.00 36,000 



Ninth year from 5,650 piculs of copra at $8.00 45,200 



From the tenth year onward the returns 

 increase rapidly, while beyond a repetition of 

 the fixed charges, such as rent and salaries and 

 stores, there is no big item of expense. 



It will be seen that by the end of the ninth 

 year, as above, the returns almost catch up with 

 the initial expenses. 



It has been a protracted wait, but from the 

 tenth year onward the profit is most sub- 

 stantial and stable, so that barring cyclones or 

 tidal waves, the chances of which calamities 

 are very remote, the investor can be perfectly 

 sure of handsome returns on his original 

 investment. 



With regard to the returns given above, 

 it is calculated on an average that 3 nuts go to 

 i Ib. of copra ; still we quote as we find in this 

 case, the figures coming from the following 

 authority : 



" On rich alluvial soil, trees have been known / 

 to give fruit in their third and fourth years, 



1 We find this low, but on the other hand the selling value of 

 copra is now much higher. 



