FIELD FOR CAPITAL AND LABOUR. 189 



I have made no deductions for deaths, or for sale or 

 slaughter of the old ewes. I believe, judging from my 

 own experience, that, under very careful management 

 and good average seasons, the losses (deaths) will be 

 replaced by the increase in excess of the 80 per cent. 

 I have calculated. A fair allowance, however, may be 

 made to cover losses, or weeding* out, of the inferior 

 and elder ewes, and deducted from the sum total as 

 contingencies. 



It is not to be supposed that these 33,240 head, or, say, 

 30,000, allowing the 3,240 against losses, would exist on 

 one league of land. All the wethers, we will presume, 

 have been sold or killed, and all ranis bred from the 

 best flocks, sold ; say, more or less, 9,000 males disposed 

 of as they attain saleable age ; leaving ewes and lambs, 

 21,000. 



The rams, we will assume, have been such as I have 

 recommended ; in consequence, the sheep and their yield 

 of wool will have greatly improved and augmented. 

 Excluding the old ewes of the original stock, or assum- 

 ing that they have, for the most part, died or been drafted, 

 it cannot fail to be, that if the right class of rams have 

 been used, the average of the wool-yield per sheep will 

 have been doubled, and that a number of the males bred 

 and retained as rams, for sale or otherwise, will have 

 been worth from $200 to $500 each, and that it will be 

 within the mark to estimate the whole of the stock that 

 has existed existing or been disposed of up to shearing 

 time, 1870 to represent a value of 10s. or 12s. each. 



The augmentation of the weight of fleece per sheep 

 will be manifested chiefly in the third, fourth, and fifth 

 years' clip ; and it is more than probable that an average 

 of over 61bs. per fleece may be obtained in the fifth year, 

 with a considerable increase of relative value. Under 



