DAIRY MEETING. I33 



The total cost of keeping a good cow well fed and cared for, 

 for one year is therefore as follows : 



Interest on Investment $6 75 



Depreciation in value of cow 13 00 



Bedding 5 00 



Bull 3 00 



Taxes 1 25 



Sundries (light, medicine, utensils, etc.) 2 00 



Insurance 40 



Labor 30 00 



Feed 83 50 



$144 90 



Tlie total amounts to practically $145.00. Of course cows 

 can be kept for less money, but it is a well established fact in 

 these days that it does not pay to keep poor cows, or to feed 

 any cows poorly. 



We are now ready to consider the other side of the account. 

 What can we reasonably expect to get from this cow in one 

 year? She ought to give 6500 pounds of milk, or practically 

 3000 quarts. The credit account would stand as follows : 



3,000 quarts milk at 4 cents S120 00 



1 calf at $3.00 3 00 



1 year's manure 10 00 



S133 00 



The total income is only $133.00 to offset an expense of 

 $145.00. Clearly 4 cents per quart will not pay for producing 

 milk under these conditions. If we allow 4 1-2 cents per quart, 

 die half cent will add $15.00 to the income, which will make 

 the total $148.00. This amount balances the account and leaves 

 $3.00 of net profit. We therefore consider that under Connecti- 

 cut conditions, we cannot afford to sell milk for less than 41-2 

 cents at the farmer's dairy house. 



When the expense account of $145.00 has been paid, the 

 dairyman may be considered to be doing a safe business. All 

 his expenses have been paid and he has received interest on 



