782 TRANSACTIONS OF THE AMERICAN INSTITUTE. 



Lighting $750 



Lime, nietats, barrels, rasp blades, repairs, &c 15,125 



$194,500 



Receipts. 

 1,680 tons sugar (yield calculated at seven per cent), at 



$200 per ton, or eight and nine-tenth cents per pound $336,000 

 720 tons molasses (yield calculated at three per cent), at 



$10.00 per ton, or four cents per gallon 7, 200 



4,800 tons of pulp, at $2.00 per ton (equivalent to hay at 



$6.00 per ton) ..., 9,600 



$352,800 

 Less expenses 194 , 500 



Profit equal to fifty-two per cent on capital $158 ,S00 



From which is to be deducted for local taxes and inter- 

 nal revenue 10, 000 



Net profit, being nearly fifty per cent on capital $148,300 



It will be seen that the yield of sugar is placed at seven per 

 cent. I have no doubt it would be more, for by the method 

 recommended, and which is in use in France, the yield is eight 

 per cent. The price of sugar is also calculated at eight and nine- 

 tenth cents per pound, but samples made by the process referred 

 to are declared to be now worth an average of thirteen cents. 



The value of the molasses I have placed at four cents per gal- 

 lon, but it will produce twenty-five per cent, of its weight in 90° 

 alcohol, and the market value of a material that will give that 

 result is certainly not less than twenty-five cents per gallon.* 



I have placed the market value of the pulp at two dollars per 

 ton, at which price it has been ascertained, by years of experi- 

 ment, to be equivalent to hay at six dollars per ton; therefore it 

 cannot be said that the estimate is too high. 



On the other hand, beets are charged at four dollars per ton, 

 vpon which there is little doubt a saving of fifty cents per ton, or 



• The molasses contains from forty-five to fifty-five per cent, of crystallizable sugar. 

 Until recently no economical method for its extraction was known. Last year, however, 

 three or four establishments were erected in Europe for that purpose, and I have been 

 assured that nearly all the sugar can bo extracted at a cost of three and a half cents per 

 pound. 



