38 On Stocking. 



5, 3s. 6d. for the produce of one gallon of Ova 

 reared- to three-month- old fry for rent and wages 

 alone. Food for this quantity, as extracted from 

 Howietoun ledger, cost 42, or 1, Is. per gallon. 

 This, added to the lowest cost of production of 

 Ova (page 22), viz., 6 per gallon, being the total 

 cost of fry three-rnonth-old and thoroughly fit to 

 transplant, to 12, 4s. 6d., or, at the ordinary 

 cost of production of Ova unfertilised (viz., 9 

 per gallon) to 15, 4s. 6d. 



A gallon of Ova may be supposed to average 

 28,000 three-month-old fry, and it is sold in four 

 boxes of 5000 each nominal, delivered carriage 

 paid at 5 per box, that is, 20 per gallon Ova 

 used to produce to fry. And the cost of delivery 

 varies between 4, 10s. and 6, for any distance 

 beyond local traffic rates. The weight of the water 

 required for transplantation closely approaches 

 one ton. 



Three-month-old fry have been so successful 

 when properly used, and are rising so rapidly in 

 the estimation of the public, that the price will 

 probably rise slightly in the future, as at present the 

 margin is dangerously small. Roughly, the cost 

 of the production of three -month- old fry may be 

 stated at between 70 and 80 per hundred 

 thousand nominal, and one-fifth less per hundred 

 thousand actual count. 



