7(3 AGRICULTURAL EXPERIMENT STATION. [Jan. 



Valuation of Fodder Article!^ on the Follotving Basis. 



[Digestible cellulose and nitrogen-free extract matter, 1 cent per pound; digestible 

 fat, 2^ cent's per pound. The value of digestible protein determined the ditference 

 of the sum of both and the market cost of the fodder articles. (Calculation is 

 based on dry matter, 2,000 pounds )] 



* The value of the digestible cellulose, nitrogen-free extract matter and fat, on the 

 above basis, exceeds the market cost. 



Prices are apt to rise and to Jail without any reference to 

 the agricultural value of the article in question. 



JTames may remain the same, and in fact do remain in 

 some instances, while the composition of the article suffers 

 serious changes in consequence of changes in the jjarent 

 industry. 



Sales without due responsihility regarding the particular 

 quality of the goods delivered leaves the pecuniary risk- 

 involved in the transaction i)i an objectionable degree on the 

 side of the J)nyer. 



Unaccounted for variations in the composition of feed 

 stuffs must prove a serious obstacle in the desirable introduc- 

 tion of a rational and economical system of stock feeding . 



