DAIRY AND SEED IMPROVEMENT MEETINGS. 189 



second method fixes {Be price of fat the same for all the year 

 round — 20 cents a pound in one case and 30 cents in the other. 

 The third method sets a value for fat more nearly con- 

 sistent with its current value for butter making, or for use in 

 the sweet cream trade. It may be explained here that a 2 cent 

 a ''point" or a "tenth"' means 2 cents for a tenth of a pound 

 of fat, or 20 cents for one pound of butter-fat. Three cents a 

 point means 30 cents for one pound of fat. 



To illustrate the difference in results from figuring by the 

 different methods, let us take three examples: 



1. In our first example let us suppose that by whichever 

 method bought 100 pounds of 4 per cent milk brings $2.40. 

 Under this assumption the price per cwt. : 



With no allowance for fat would be $2.40 



With 20 cents a pound allowed for fat 1.60 



With 30 cents allowed for fat 1.20 



With 40 cents allowed for fat 80 



2. Example No. 2 will deal with 100 pounds of 3.4 per 

 cent milk, and it is found that under the above prices we get : 



With no allowance for fat and $2.40 per cwt $2.40 



With 20 cents allowance for fat and $1.60 per cwt. 2.28 

 With 30 cents allowance for fat and 1.20 per cwt. 2.22 

 With 40 cents allowance for fat and .80 per cwt. 2.16 



3. For Example No. 3, take 100 pounds of 4.6 per cent milk 

 and we have : 



With no allowance for fat and $2.40 per cwt $2.40 



With 20 cents allowance for fat and $1.60 per cwt. 2.52 



With 30 cents allowance for fat and 1.20 per cwt. 2.58 



With 40 cents allowance for fat and .80 per cwt. 2.64 



Briefly stated, the difference in price of 100 pounds of 4.6 

 per cent milk and 100 pounds of 3.4 per cent milk when figured 

 at: 



40 cents for fat and $ .80 per cwt. is 48 cents 



30 cents for fat and 1.20 per cwt. is 36 cents 



20 cents for fat and 1.60 per cwt. is 24 cents 



Per can or quart rate it is o cents 



Now there are 1.2 pounds more fat in 100 pounds of 4.6 per 

 cent milk than there are in 100 pounds of 3.4 per cent milk. 

 Butter-fat is easily worth 40 cents a pound at the present time 



