November, 1911.] 



4C9 



Edible Products, 



SIXTH YEAR. 



EIGHTH YEAR. 



On Ordinary On a Coral 

 Forest Land. Island. 



Rental ... $ 256 $ 256 



Cleaning 2,500 acres at $5 



per acre ... 12,500 



Cleaning 2,500 acres at 



$2-50 per acre 6,250 



Assistant manager's salary 2,800 2,800 

 Tools ... 200 200 



5 draft cattle at $40 per 



head ... 200 200 



Launch engineer at $37*50 



per month ... 450 450 



Kerosene, engine oil, 



cotton waste, for launch 200 200 

 Depreciation on buildings, 



track and water system 



(10 per cent,) ... 929-50 929 '50 



Depreciation on launch 



(20 per cent.) ... 300 300 



Totals 



$17,83-50 $11,585,50 



Note. — The sixth year a half crop of 30 nuts 

 per tree may be estimated. While all the land 

 m the plantation will need to be cleared in the 

 first instance and kept clean thereafter, it will 

 be safe to allow 200 acres for waste land and for 

 that used for buildings, etc., so the crop of nuts 

 for sixth year from 1,150 acres may be estimated 

 at 1,380,000, which should give 6,900 piculs of 

 copra, worth $34,500, less cost of harvesting 

 nuts and making copra. 



SEVENTH YEAR. 



On Ordinary On a Coral 

 Forest Land. Island. 



Rental ... $ 256 $ 256 



Cleaning 2,500 acres at $5 



per acre ... 12,500 



Cleaning 2,500 acres at 



$2-50 per acre 6,250 



Assistant manager's salary 3,000 3,000 

 Tools ... 200 200 



5 draft cattle at $40 per 



head ... 200 200 



Launch engineer at $37 -50 



per month ... 450 450 



Kerosene, engine oil, 



cotton waste, for launch 200 200 

 Depreciation on buildings, 



track and water system 



(10 per cent.) ... 929'50 929-50 



Depreciation on launch 

 (20 per cent.) ... 300 300 



Totals 



$18,035,50 $11,7(85-50 



Note. — This year a full crop of 2,750,000 nuts 

 may be estimated for 1,150 acres and a half crop 

 of 1,380,000 nuts from the remaining 1,150 acres 

 under cultivation, or 4,140,000 nuts it) all, from 

 which 20,700 piculs of copra should be obtained, 

 worth $103,500. 



52 



On Ordinary On a Coral 

 Forest Land. Island, 



Rental ... $ 256 $ 256 



Cleaning 2,500 acres at $5 



per acre ... 12,500 



Cleaning 2,500 acres at 



$2 50 per acre 6,250 



Assistant manager's salary 3,000 3,000 

 Tools ... 200 200 



5 draft cattle at $40 per 



head ... 200 200 



Launch engineer at $37'50 



per month ... 450 450 



Kerosene, engine oil, 



cotton waste, for launch 200 200 

 Depreciation on buildings, 



track and water system 



(10 per cent.) ... 929 50 929-50 



Depreciation on launch 



(20 per cent.) ... 300 300 



Totals 



$18,035-50 $11,785-50 



Note. — During this year and thereafter a full 

 crop of nuts should be harvested from the entire 

 2,300 acres, amounting to 5,520,000 nuts, equi- 

 valent to 27,600 piculs of copra, worth $138,000. 



Conclusion. 

 It will be noted that the foregoing 

 estimate is based on clearing half of the 

 ground the first year and half the 

 second. If labourers and funds are 

 available, it would obviously be more 

 advantageous to clear the entire tract 

 the first year, as the period when the 

 first full crop could be anticipated would 

 thus be advanced by one year. On the 

 other hand, if sufficient capital is not 

 available at the outset to clear so large 

 a tract as the one indicated, a smaller 

 tract of any desired size may be cleared. 

 As the charge for rental of the land is 

 small, there is no considerable pecuniary 

 loss involved in clearing the land quite 

 slowly. 



That the above estimate as to the 

 returns which may be anticipated is 

 conservative, is shown by the statement 

 of Hon. Manuel Quezon as to the actual 

 returns obtained in the Province of 

 Tayabas under existing unsatisfactory 

 conditions as to planting ard care of 

 trees. He receives half of the price of 

 the copra in return for giving the 

 ground such cleaning as ic receives, 

 looking after the trees, harvesting the 

 nuts, and making the copra. The net 

 profit to the owner under this arrange- 

 ment is from $1 to $1-50 per tree, an 

 average ot $1-25. On this basis 92,000 

 trees would give an annual net profit of 

 from $92,000 to $138,000, or an average 

 net profit of $115,000, and it would 

 indeed be remarkable if trees properly 

 set out and cared for in a region well to 



