CULTIVATION OF THE BEET. 49 



pany with $300,000 capital, of which $200,000 shall 

 be appropriated for buildings and machinery, and 

 $100,000 reserved for working capital. 



EXPENSES. 



24,000 tons of beets, ... ^5) $4.00 . . . $96,000 

 Labor, 225 men, 150 days, (a) $1.75 per day, 50,625 



Salaries, 10,000 



Coal, 3,000 tons, . . . '. fa) $1.50, . . . 4,500 



Sacks for pulp, 8,000 . . (a) $1.00, . . . 8,000 



Bone-black waste, 7?5 



Insurance, 2,000 



Lighting, 750 



Lime, metals, barrels, rasp blades, repairs, &c. 15,125 



$194,500 

 RECEIPTS. 



i, 680 tons sugar (yield calculated at 7%), at 



$200 per ton, or 8^ cents per pound, . $336,000 



720 tons molasses (yield calculated at 3%), 



at $10.00 per ton, or 4 cents per gallon, 7,200 



4,800 tons of pulp, at $2.00 per ton (equiva 

 lent to hay fa) $6.00 per ton), .... 9,600 



$352,800 

 Less expenses, 194,500 



Profit equal to 52% on capital, .... $158,300 

 From which is to be deducted for local 



taxes and internal revenue, .... 10,000 



Net profit, being nearly 50% on capital, . $148,300 



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

 3 



