Cost of Bringing into Bearing 1 15 



On orchard, at 6 per cent, on capital 

 outlay .-. . , . . . - : - . -.- .> ' 440 



Total depreciation '.. .. . . 6 14 



Total annual expenses . . . . 39 4 



s. d. 



Net profit per acre at T^d. per Ib. net . . 660 

 Netprofitperacreat7d.perlb.net .. 35 4 



The harvesting expenses will vary with the class 

 of fruit, peaches being more cheaply picked and 

 pitted, oh account of their larger size, than apricots- 

 arid nectarines. 



As regards depreciation, it is obvious that the 

 going off in value of drying trays and sulphur boxes 

 is fairly rapid. As such trees as peaches, nectarines, 

 and apricots are usually not long-lived, the annual 

 depreciation of an orchard of- such trees is consi- 

 derable, and allowing for a bearing life of 16 years 

 this works out at about 6 per cent, per annum. 



Oranges (Washington Navels). 

 Capital Outlay on One Acre. 



Initial Outlay. s. d. 



15 per cent, deposit Irrigation Depart- 

 ment for channeling, grubbing, at 



12 per acre .. .. v , ., ' 1 16 



Ploughing .. .: .; .. . . ~ 1 



100 orange trees .. ..'. .'. .. ' 10 r O 



Pegging out and planting . . ... 1 10 



Total initial outlay ..'.' .. .. 14 6 



Upkeep. s. d. 



Cultivation for 5 years .. .. ^.,-v 25 



Water rates and rent, 5 years . , . . , , 626 



