8o Coco-nuts The Consols of the East 



1 6. Preparation and registration of lease 



17. Survey of land... 



1 8. Contingencies ^200 



Expenditure at the end of the first year 



(equal to ^"5 8s. per acre) ^2,700 



Upkeep for five years at ^"750 ... ... 3,750 



Total expenditure (we take it, exclusive of 

 supervision) at end of sixth year, equal 

 to ^"13 per acre ... ^"6,450 



A second estimate, besides the above, of 

 the expenditure necessary to plant 500 acres 

 of coco-nuts gave for the first year ,2,856, 

 or -^5 I 3 S - o3- P er acre > including the erec- 

 tion of houses for the manager and assistant 

 manager. The total estimate - of the cost of 

 planting .1,000 acres, say 500 the first year, 

 300 the second, and 180 acres during the third 

 year was worked out as follows : 



First year ... ^2,856 



Second ,, ... ... ... ... i>935 



Third , 1,602 



Fourth to eighth year 7^ II 5 



Total 

 Or ^"13 IDS. per acre. 



In the seventh year the trees should give 

 forty nuts each, or 200 tons of copra. In the 

 ninth year this should increase to sixty nuts 

 per palm, or 300 tons of copra, as the total 

 crop of the 500 acres. 



The cost of upkeep might be partly defrayed 

 by the returns from catch crops reducing the 



