236 
Less cost of production, etc., 262,500 lbs. 
at Is, 6d. per lb 180,800 
Net profit . . 180,801 
11th Year. 
1,000 acres at 2 lbs. per tree and 3$. per lb. 385,710 
Cost of production, etc., of 300,000 lbs. at 
16-. 6cL per lb 192,857 
Net profit . . 192,853 
And so on each year, annual profit $192,853, with a pro- 
bability of still increased yield. 
Abstract of Profit and Loss. 
Expenditure. 
Profit on rubber. 
rf. 
Net profit on estate. 
,4. 
1st 
Year 
$ 
24,150 
$ 
$ 
2nd 
?? • * 
17,900 
3rd 
23,150 
4th 
yy • ■ 
27,650 
5th 
23,800 
6th 
yy - . 
25,800 
7 th 
yy • • 
28,800 . . 
60,267 . . 
31,467 
8th 
yy * ■ 
28,800 . . 
108,481 . . 
79,681 
9th 
?y * ■ 
28,800 . . 
156,695 . . 
127,895 
10th 
yy * * 
28,800 . . 
180,801 . . 
152,000 
1.1th 
yy • * 
28,800 . . 
192,853 . . 
164,053 
12th 
yy 
28,800 . . 
192,853 . . 
164,053 
Expenditure with 
interest at 
5 per 
cent. 
up to end 
of 6tli Year 
, . $168, t 
>70 (£20,000) 
Net profit on estate after deducting 5 per cent, interest 
on capital : 
$ 
E xpended 
f 7th Year 
I 8th „ 
-A 9th „ 
HOtli „ 
[11th „ • 
And so in future years with a probability of increased 
yields. 
22,967 or 13 per cent, 
71,181 or 42 
119,395 or 70 
143,500 or 84 
156,553 or 92 
ft 
tt 
