WATTLES AND WATTLE-BARKS. 
I I 
Expenditure. £ s. d. 
To rent of land at 4d. per acre, under Wattle Cultivation Bill, at £1 13s. 4d. 11 13 4 
To fencing, say, 1 mile and 3 quarters, at £40 per mile . 70 0 0 
To ploughing (and harrowing twice), at 14s. per acre . '9 9 0 
To purchase of seed, 1 lb. per acre, 100 lb., at Is. ... . 5 0 0 
To ploughing and burning off fire-breaks, four blocks of *20 acres each, 
with 20 feet roadway between each block, three furrows on each side, 
at £10 per annum. 70 0 0 
To vermin destruction, and unforeseen expenses, say ... SO 0 0 
To first pruning and thinning at end of second year after sowing, say 10s. 
per acre . ... 50 0 0 
To final pruning about fourth year (superficial only), at 5s. per acre..„. 25 0 0 
To interest on seven years’ rental .. £3 15 0 
To interest on expenditure, say . 296 10 10 
- 210 5 0 
To stripping 100 acres of wattles (1,200 trees to the acre), producing 1211). 
of bark per tree, or 602 tons in all, at 25s. per ton . 807 10 0 
To cartage to a railway station, say 5s. per ton. 165 10 0 
£1,534 18 4 
Receipts. -- 
By 100 acres of wattle-bark from 1,200 trees to the acre, each producing 
12 lb. of bark—642 tons, £7 10s. per ton,.... . 4)815 0 0 
Less expenditure . .- 1,534 18 4 
Profit.. £3,281 18 4 
Table to aid in tlie comparison of the more important items contained in 
the three foregoing estimates- 
A. — Outgoings. 
Victorian Board. 
Mr. Brown. 
Mr. Perrin. 
£3 
6/- 
4d. under Wattle 
Cultivation Bill. 
£40 
£70 (includes 
harrowing). 
Fp.ncing, per mile .. 
£50 
£40 
4/- 
£25 
£26/10/- 
10/- 
25/- 
10/- 
Ploughing . 
£25 
Eire breaks . 
£70 (fuller speci¬ 
fication). 
£5 (seed only). 
10/- 
25/- 
5/- 
Seed and sowing. 
Pruning, &c., per acre . 
Stripping, per ton . 
Carting, per ton . 
£37/10/- 
10/- 
15/- 
10/- 
£80 
£240 (8 years) 
£27/10/• 
Interest on money . 
Contingencies . 
£280 (7 years) 
£50 
£210 5 - (7 years). 
£50 
B. — Income. 
Victorian Board. 
Mr. Brown. 
Mr. Perrin. 
Yield of 5th year trees, each . 
5611). ) 
10 11). from each 
i 
70 lb. 
tree, admittedly 
12 lb. 
,, / th ,, ,, ...... 
84 lb.* ) 
a low estimate. 
J 
Value of bark, per ton . 
£4 
£5 
£7/10/- 
Total yield in tons... 
1,215 (8 years) 
500 (7 years) 
642 (7 years). 
* An extravagant estimate, except for picked trees. Every third tree stripped. 
