412 



STATE BOARD OF AGRICULTURE. 



TABLE IX.— FEED, LABOR AND OTHER COSTS BY THE MONTH PER COW AT 



WEBBERVILLE. 



The three bottom lines of the table show the coete for winter and Bummer seasons and the yearly total. 



•Includes cost of all feeds and bedding. 

 ^Includes cost of man labor, horse labor, and hauling milli. 



^Includes all investment and depreciation charges on cattle, buildings, and equipment, also losses 

 due to deaths, veterinary services and drugs, miscellaneous costs, and for managerial ability and risks. 



INTEREST, TAXES, AND DEPRECIATION ON CATTLE. 



There has been a general trend of increased values on all the invest- 

 ments during the three years covered by this Bulletin. Cattle increased 

 in value per cow from |99.17 in 1916-17 to |111.50 in 1918-19 at Howell, 

 and at Webberville, from |G7.08 in 1916-17 to $97.42 in 1917-18. On 

 these investments 12% was charged (page lOoj with the exception of 

 the last year at Howell when 13.0% was charged, making an average 

 investment charge of |13.31 per cow at Howell and $9.87 at AVebberville. 



LOSSES DUE TO DEATH. 



Death losses were not figured under the heading of depreciation, as 

 they have been by some investigators, but were reported under a sepa- 

 rate heading. The losses due to death at Howell amounted to $1.70 per 

 cow, or 1.58% of the total inventory value of the herds. 2% of the 

 cows died in this territory. At Webberville, slightly less than one per 

 cent of the cows died, amounting to a loss of $0.65 per cow, or .79% of 

 the inventory value of the herds. 



INTEREST, TAXES, INSURANCE AND DEPRECIATION ON BUILDINGS. 



Building costs varied greatly on the various farms, averaging $131.93 

 per cow at Howell and $113.95 at Webberville. On this investment a 

 total charge of KK/. was levied (page 403), amounting to an average 

 for the three years of $13.49 at Howell, and $11.40 for the two years at 

 Webberville. 



