906 



ANNUAL. REPOriT OF THE 



Off. Doc. 



>\'liolosale Cost per Pound of Fertilizer Constituents, New York. 



11. Bone. 



The average ground bone and bone meal on the retail market are 

 probably inferior in composition to the rough bone on the wholesale 

 market, hence these figures tend to be too high. Direct estimation 

 of the wholesale pound values of acidulated bone (animal bone) 

 cannot be made, as there are no wholesale data available for this 

 purpose; for this computation, deix'ndonce must be placed ui)on 

 the retail selling prices. 



Valuations in Neighboring States. 



It is desirable, from all points of view, that the schedules of val- 

 uation throughout a district in which similar market conditions jtre- 

 vail, should differ as little as possible. It has been our practice in 

 the past, to conform our schedule to that adopted after very careful 

 Ci.-operative study of market conditions for each year, by the New 

 England States and New Jersey, except where the peculiar conditions 

 of our market have made the valuations diverge too largely from tho 

 actual selling prices, as in the case of ground bone and dissolved 

 rock phosphates. The schedules for these States for 1900 and 1901 

 are as follows 



