EXPERIMENT STATION BULLETINS. 483 



FINANCIAL STATEMENT. 



Valuation of flock July 1, 1917 |1,719 00 



Valuation of building 2,400 00 



Land pastured (fiO acres estimated) 1,500 00 



: 1^5,010 00 



Costs: 



Hay 58.53 tons, average value f 25.77 $1,508 64 



Miscellaneous 18 35 



Salt 2 45 



Labor, 4 hours daily for 150 days (a) 25c . . 150 00 



Labor, 160 hours for shearing @ 25c 40 00 



Lambing season, 12 hours daily for 18 



days @ 25c 54 00 



Summer care, 105 hours @ 25c 26 65 



Grain 273 46 



^2,073 15 



Interest on investment |5.619.00 @ 6% . . $337 14 



Total cost $2,410 29 



Recci2^ts: 



Wool 1,498.5 pounds @ 65c per pound . . . $974 02 



4 rams sold 90 30 



Credit on feed not used 78 79 



Miscellaneous 



3 25 



Manure value (estimated at i^) 225 tons. • 450 00 



$1,596 36 



Present valuation of flock: 



Breeding ewes, 141 @ $7.00 $987 00 



Yearling ewes, 56 @ $7.00 392 00 



Wethers, 34 @ $7.00 238 00 



Cull ewes, 9 (a), $7.00 63 ()() 



Kams, 2 @ $37.50 75 00 



Lambs, 164 @ $6.00 984 00 



$2,739 00 



Valuation of flock July 1, 1917 $1,719 00 



Increased valuation 1,020 00 



Keceipts plus increased valuation : 



Receipts 1,596 36 



Increased valuation 1,020 00 



.^2,616 36 



Total Costs: 



Feed, care, interest, etc 2,410 29 



Net profit $206 07 



While the above statement shows a smjill profit of $206.07, it mu.st 

 be l>orne in tlie reader's mind that tlic present infiated prices are not 

 credited to the sheep. Also that those prices are charged against them 

 in feed stuffs. If the flock had been credited with its present valuation 



