Cocoa And Chocolate
The Tree, The Bean The Beverage

-•a i J <■£ I ■’;;i .h-x*. 100 THE COCOA AND CHOCOLATE INDUSTRY one’s outlay is reimbursed. On Mr. Keith’s figures the Investment of £26 13s. 4d. after five years begins to yield £9 per annum. ESTIMATED CAPITAL AND ANNUAL REVENUE On One Acre of Cacao, for Five Years in Bearing Capital. £ s. d. To Capital expenditure— Opening and bringing 1 acre of cacao into bearing . . . 26 13 4 Revenue. £ s. d. Gth Year—Ist year in bearing Yield 1| cwts. an acre Cost of production at £2 2s. 8d. per cwt. Profit . 110— 7th Year—2nd year in bearing Yield 2| cwts. an acre Co,st of production at £1 16s. per cwt. Profit . 3 6 8 8th Year—3rd year in bearing Yield 3| cwts. an acre Cost of production at £1 12$. per cwt. Profit . 574 9th Year—4th year in bearing Yield 4J cwts. an acre Cost of production at £1 9s. 4d. per cwt. Profit . 7 9 4 101Ä Year—5th year in bearing Yield 5 cwts. an acre Cost of production at £1 6s. 8d. per cwt. Profit . 9 - - £26 13 4 £26 13 4 In the above table the sale price of the cacao is taken as £3 2s. 8d. per cwt. Cost of Producing one Cwt. of Cacao Beans (1922). Another interesting point is that, when the plantation is in füll bearing, 1 cwt. costs about £1 7s. to produce and in 1922 sold for £3 2s. 8d. The table below shows in detail how the money is spent. In Ceylon, forking, pruning, and the lopping of shade trees are done every two years and. manuring every three years, so the figures allow for forking, etc. over half the acreage, and manuring over one-third—•