Papers on the subject of the Accra Sisal Plantation in continuation of Sessional Paper No. IX 1922 – 1923.
Loading...
Date
1927
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
Government Printer, Accra, Gold Coast
Abstract
I have the honour to acknowledge the receipt of your despatch No. 874 of the 21st of December, forwarding copies of the Report of a Committee appointed to enquire into the working of the Sisal Plantation at Accra. At the time that this project was originally conceived you anticipated a profit of at least £ 15 10s. 0d. on each ton of sisal produced. This estimate was based upon a price of between £35 and £40 a ton at the port of export, representing approximately £65 a ton in England. The price, however, of sisal has dropped since that date to an average of about £25 a ton at the present time. At this price the Committee estimates that the annual profits of the plantation will amount to a maximum of about £5,500 a year, in which event the capital expenditure of £35,000 which will, according to the estimate, be required before the plantation is in full bearing, be paid off in about seven years.
Description
Keywords
Sisal Plantation, Gold Coast, Accra Sisal Plantation