Average 1,500 cubic yards, 10 hours.
 Average 3,000 cubic yards per day, 24 hours.
 Average 20 working days per month.
 Average 60,ooo cubic yards per month.
 Average 720,000 cubic yards per year.
 Average actual cost of excavation, 2yc per cubic yard.
 *

 FINANCIAL ESTIMATE.
 AGRICULTURAL DEPARTMENT.
 FLORIDA EAST COAST DRAINAGE AND SUGAR COMPANY.
 First Year-
Assumed value of o10,oo acres of land, drained,
 $5.00 ................................. $50,000 oo
Field ditches and lateral drains on I,ooo acres,
 ample in size and number for maximum rain-
 fall, estimated 200 cubic yds. per acre, at
 7Y2c per yd....... .................... 15,000 oo
Grubbing, leveling, and subduing I,ooo acres... 5,000 oo
Plowing, harrowing, and preparing for seed.... 5,ooo.00
Seed cane for 200 acres, at $4 per ton, 4 tons per
 acre ....... .......................... 3,200 00
Planting and cultivating, I,ooo acres, at $7.50. 7,500 00
Harvesting 200 acres cane, 30 tons per acre, at
 $I per ton, 6,ooo tons.................... 6,000 oo

 $91,700 oo
 6 per cent. on investment .............. 5,520 00
 Gross expense..................... $97,220.00
Permanent investment, lands...... $50,000 oo
I,ooo acres ditched, grubbed, plowed,
 etc ........................ 32.500 oo
Cost of 6,ooo tons cane (average cost
 per ton of cane $2.45) ........ 14,720 oo
 $97,220 oo

 Average cost per acre for drains, preparation and culture
(less seed and harvest) $32.50.