(3 The Bulletin. 



The values used last season were : 



VALUATIONS roK 1905. 

 In Vninixed or Raw Materials. 



For ammonia l^i/g cents per pound. 



For phosphoric acid in acid phosphate 4 cents per pound. 



For phosphoric acid in tine bone meal Si/o cents per pound. 



For potash ^ cents per pound. 



In Mixed Fertilizers. 



For ammonia l^i 2 ^^ents per pound. 



For phosphoric acid ^1/2 cents per pound. 



For potash 514 cents per pound. 



The valuations decided on for this season, for the reasons already 



given, are 



VALUATIONS FOR 1906. 



Ill Unmixed or Raw Materials. 



Phosphoric acid in acid phosphate 4 cents per pound. 



Phosphoric acid in bone meal oVo cents per pound. 



Ammonia 1^1/2 cents per pound. 



Potash 5 cents per pound. 



In Mixed Fertilizers. 



Phosphoric acid 41/2 cents per pound. 



Ammonia lOi'o cents per pound. 



Potash 51 2 cents per pound. 



HOW RELATIVE VALUE IS CALCULATED, 



In the calculation of relative value it is only necessary to remem- 

 ber that so many per cent means the same number of pounds per hun- 

 dred, and that there are twenty hundred pounds in one ton (2,000 

 pounds). 



With an 8 — 2 — 2 goods, which means that the fertilizer contains 

 available phosphoric acid 8 per cent, potash 2 per cent, and ammonia 

 2 per cent, the calculation is made as follows: 



Percentage or I>bs. Value Per Value Per Ton 



in 100 Lbs. 100 Lbs. 2,000 Lbs. 



8 pounds available phosphoric acid at 4J cents 0.36X20= $7.20 



2 pounds potash at 5i cents 0.11 X 20= 2.20 



2 pounds ammonia at 16J cents 0.33X20= 6.60 



Total value 0.80X20= 16.00 



Freight and merchants' commission must be added to these prices. 

 Freight rates from the seaboard and manufacturing centers to inte- 

 rior points are given in the following table: 



