MARKETING DAIRY SETTER. 115 



This we are well aware of when the returns 

 come. 



Profits from a dairy farm. Acting on the 

 judgment of several of my friends that it is a 

 proper thing to do I give here a short business 

 account, showing in a condensed way the profit 

 of my farm in 1898: 



Sales. 



Hogs $1,726.49 



Fat cows 480.90 



Oats. 270.40 



Butter and calves 4,410.69 



$6,888.48 

 Expenses. 



Ground feed and corn bought $1,522.35 



Five regular men 1,525.00 



Taxes, insurance, blacksmithing, groceries, 



hardware, extra labor, etc 1,494.36 



$4,541.71 



Profits $2,346.77 



My stock I appraise at $3,760.00, on which 

 I figure 6 per cent interest, which amounts 

 to $225.60. This taken from the balance of 

 $2,346.77 leaves $2,121.17 to be credited to the 

 land. My farm contains 354 acres, valued at 

 $60 per acre, or $21,240. This is practically 10 

 per cent interest on the land and 6 per cent on 

 the stock, or 9| per cent on the total invested 

 in stock and tools. I do not live on my farm, 

 but spend one day per week looking after it. 

 I had more stock on the farm Jan. 1, 1894, than 

 I did Jan. 1, 1893, This I did not take into 

 account. 



