LECTURES AND ESSAYS READ AT INSTITUTES. 2S& 



weighed their feed and the steers (the same as the sheep), of which I will gire 

 the profit and loss. They were all bought from April till October, in 1881 : 



Deiit. 

 1881. 



April 1. To 60 wethers at §4.40 per head $264 00 



" 2. " 100 " " $4.00 " " 400 00 



" Feed till grass 25 00 



" interest on money till February 1,1SS2 37 00 



" two barrels of salt 3 00 



" pasture 30 00 



" washing and shearing 15 00 



Aug.30. " 20 wethers at §3 per head 60 00 



1882. 

 Feb. 1. To 3 pounds of hay each, for 70 days, at $10 per ton — 



183^ tons 185 00 



To 50 bushels corn at 60 cents per bushel 30 00 



" 50 " oats " 50 " " " 25 00 



$1,074 OO 



I have not charged any thing for time, as I think the manure enough for 



that. 



Credit. 

 1881. 



July 1. By 160 fleeces of wool, 7 pounds each 1,120 



Sold for 35 cents per pound $392 00 



1882. 

 Feb.l. By 180 sheep 950 00 



Total credit §1,342 00 



Debit - 1,074 00 



Profit $268 00 



The 180 sheep weighed November 21, the day they were put in pens, 17,910 

 pounds, and weighed February 1, 1882, Just 70 days when sold, 19,844 

 pounds, making a gain in 70 days of 1,934 pounds; not enough to pay for 

 the feed the 70 days by 1144.80. The whole feed the 70 days cost $241.50, 

 but the sheep being bought from 2^ to 3 cents per pound, left a good margin* 



Debit account loith steers. 

 1881. 



Sept. 10. To four steers $152 00 



•' Interest ou money till February 1, 1SS2 4 45 



" hay from October 21,1881, till JFebruary 1, 1882, 100 days, 



18 pounds each per day, at $10 per ton 36 00 



" 12 pounds of middlings and oats each per day, for 100 



days, at 80 cents per hundredweight 38 40 



" salt 30 



$231 15 



The feed for the four steers 100 days cost $74.70. 



Credit. 

 1882. 



Feb. 1. To four steers weighing 4,985 pounds, at five cents per pound $249 25 



Debit 231 15 



Profit $18 10 



The four steers weighed when put in stable 4,370 pounds, a gain in 100 

 days of G15 pounds; not enough to pay for the feed 100 days at five cents per 

 pound by $43.95, but the steers being bought at 3^ cents per pound and sold 

 at 5 cents per pound, left a small margin, and I sold my hay at the barn at as 



