Brazil in 1911

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Pita requires three years to mature. The minimum yield per acre is 1, 500 Ibs. Of fibre, worth 13. Ar* estate of 1, 000 acres (400 hectares) would produce 13, 000 after three years. Expenses calculated in plant- ing 5, 000 acres, machinery, freight, etc. . 1, 200 Wages, etc. (4 years) . . . 10, 000 Instalment, etc. .... 1, 800 Depreciation, etc. .... 1, 000 Freight, etc. ..... 6, 000 20, 000 Expenses, first 4 years . . . 20, 000 Result (one crop) .... 60, 000 Profit 40, 000^ 168 BRAZIL IN 1911 ...If we add 5, 000 to expenses, and allow no crop in the fourth year, we have then Five years' expenses . . . 27, 500 One crop, result .... 60, 000 Profit 32, 500 Calculating 20 per ton, and a minimum crop of 3, 000 tons per 5, 000 acres.
Experts calculate the crop, after three years, at 13 per acre, thus 5, 000 acres = 65, 000.
An ample margin is thus shown, and land is not want- ing for planting. If we reckon value of land at 55. An acre it will be an outside estimate.
In 1904 the price of pita (Mauritius hemp) was from 25 to 35 a ton (London).


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