lOO STATE POMOLOGICAL SOCIETY. 



one and one-half miles away, over a country road not better 

 than the average. 



The following is a summary of the cost sheet for a barrel of 

 apples : 



Interest on investment $ .21 



Taxes .012 



TilHng 063 



Pruning .03 



Spraying 096 



Cover crop .023 



Superintending orchard .25 



Picking, packing, sorting and hauling .2/^4 



•93 



All of the first and second apples from this orchard have 

 been packed in barrels. The average price of barrels for ten 

 years has been thirty-six cents each, the price having fluctuated 

 from thirty to forty cents. The culls have been handled in 

 crates and a charge for packages cannot be entered against them. 

 Adding the cost of the barrel to the cost of production we have 

 $1.29 as the total cost of a barrel of apples. 



We come now to the average price of apples for the past ten 

 years, as grown in this orchard. We have received an average 

 of $2.60 for all the barreled stock sold, which includes firsts and 

 seconds. For evaporator and cider stock we have received 

 sixty-seven cents per barrel, rather above the average, possibly, 

 because two seasons' gales of wind, as I have said, gave an 

 abnormally large quantity of very good windfalls. 



We are now ready to calculate profits and declare dividends : 

 Subtracting $1.29, the cost of a barrel of apples, from $2.60, the 

 amount received, we have a net profit of $1.31 per barrel for 

 firsts and seconds. Multiplying by 79, the number of barrels 

 per acre, we have $103.49 as the profit per acre for firsts and 

 seconds. Subtracting ']2 cents from 93 cents we have 21 cents 

 as the difiference between average cost of production and aver- 

 age selling price of culls. Multiplying 37.5, the number of 

 barrels of culls per acre, by 21, we have a loss of $7.89 per 

 acre on the culls, leaving the average net profit per acre, in this 



