1907-1 



THE AMERICAN BEE-KEEPER. ^n 



. J. , . . ,, , 1 „^„^,p Interest on capital invested !I"?o 



the good of his neighbor bee-keeperb ? ^^^^ ^^^^ r^^^^ 47.28 



Give (to the needy man) advice how Rent and taxes '^■'^^ 



to transfer or, better yet, help him 42 cases of empty cans at 50c 



to perform the operation next spring, ^ork (estimated) 



If this is not convenient, communicate 

 with the editors of the several bee 

 journals, or others who are competent, 

 and they will gladly help you. At 



21.00 

 25.00 



Traveling expenses 



20.00 



Total expense ?^^^ • "^ 



CREDITS. 



all events, begin now to look about 5,000 ibs, extracted honey at Sc ^''W']! 



\ ^- . . , en iw= Ti,Q-B- at son 15.00 



and see what is to be done 



Let us soon see the box-hives with 

 the broken tea-cups on the shelves. 



Worcester, Mass. 



50 lbs, wax at 30c 



5 new swarms at $1 • 50 * • 



f422.50> 

 169.56 



PROFITS OF BEE-KEEPING. 



A. C. MILLER. 



FROM THE BEE-Keepers' Review 

 for October I copy the following 

 ''statement" by Mr. E. D. Town- 

 send, of Remus, Michigan, being as 

 far as it goes, one of the most com- 

 prehensive yet published. 

 COMPARATIVE RESULTS IN 

 EXTRACTED AND COMB 

 HONEY PRODUCTION. 



THE COMB HONEY YARD. 



84 colonies at $4.50 $378.00 



16 empty hives and combs at $2.50 . . 40.00 

 30n supers complete at 50c 150.00 



Total receipts 



Expense items 



„ „. $252.94 



Profits \ , 



Per cent of profit on capital invested, a 

 little over 32 per cent. 



Total income from both yards 407 32 



Total expense items ' ' . 



Total profit $489.68 



Total per cent, of profit on both yards, 

 about 34 1-2 per cent." 



As given by Mr. T., the results ot 

 the season's operations with the two 

 lots of bees, aggregating 168 colonies, 

 show a very fair per cent, of profit 

 on capital invested, but to me the 

 statement appears incomplete and the 

 conclusions erroneous. He says capi- 

 tal invested, $1,416. How about the 

 cash ("working capital") used in buy- 

 ing supplies, paying taxes, traveling 



Tools lo'.o'o expenses, etc., to the tune of $137.40? 



1 honey house 50.00 Also the "help" must needs be paiQ, 



for be it owner, son, or hired man, 



Total capital invested $628.00 ^^^ uc il >-- .... 



Interest on Capital invested $ 37.68 



Wear and Tear 37.68 



Rent and taxes 9.00 



3,000 sections 13.00 



30 pounds foundation at 54c 16.20 



150 shipping cases 22.00 



IS outside crates 

 Work (estimated 

 Traveling expenses 20 . 00 



they must live, and that takes some 

 cash which adds $100 to the "working 

 capital." The labor item is mislead- 

 ino- The son spent three months 



_ at^the job, and the father approxi- 



at 40c 7.20 matcly two weeks, for all of which 



^ ll'll he charges but $100. Becaiise they 



had time to fish or cut bait does not 



15 lbs. wax at 30c 

 30 new swarms at 



Total expenses $237 . 76 alter the casc, f or they could or did do 



no other profitable work there, hence 

 ^^^^^^^- all the days spent at the yards must 



2.300 lbs. comb honey at 15c $345.00 be charged at a full day's pay. A 



1.000 lbs. extracted honey at 8c 80.00 caoable young man who knows the 



4*-^^ business he is at work at-as the son 

 does in the above case— can command 

 in commercial life $15 a week, or it 

 at a skilled trade,— and he is skilled 

 at this trade— from $3 to $4 a day. 

 But call it $15 per week, and we have 

 his labor costing for the thirteen 

 weeks $195- And surely his father, 

 with his abilities, can command twice 

 what the son does, or $30 per week, 

 provided his talents were used in 

 lines of his greatest efficiency; hence, 

 we should figure his labor at $60, 

 making a total increase in the labor 

 item of $155. Then there is a httle 



Total receipts $474.50 



Expense items 237 .76 



Profits $236.74 



Per cent, of profit on capital invested, 

 37 2-3 per cent. 



EXTRACTED HONEY YARD. 



84 colonies at $4 $336.00 



16 empty hives at $2 32.00 



170 upper stories and combs $2 340.00 



1 four-frame extractor 20.00 



Tools 10-00 



1 honey house 50.00 



Total capital estimated $788.00 



