HOW TO MAKE FEEDING PKOFITABLE. 



IT is generally understood, and appears from the 

 preceding investigation, that when the feeder sells his 

 beef and mutton or the dairyman his butter and 

 cheese, whatever the price they bring, and whatever 

 the margin over the cost, there are two classes of ex- 

 penses to be deducted, and two separate profits to be 

 secured. When the farmer realizes on the sale of his 

 butter, beef, and other products, a net result that gives 

 him a fair profit on these articles over the cost and 

 care of feeding, and a similar margin on the corn and 

 other feed by which they were produced, he closes up 

 the business of the year with a satisfactory balance on 

 the right side of the account, and is entitled to con- 

 sider himself a successful man. 



If, on the other hand, he discovers, on the sale of 

 those products, that the expense of feeding and the 

 cost of cultivation have not been reimbursed, and that 

 after a year of toil there are no net gains to be count- 

 ed, he may justly suspect, that in some one or several 

 of the processes and operations of his farm there has 

 been either culpable neglect, or needless and inexcu- 

 sable want of information, or very possibly both. 



