132 AGRICULTURAL EXPERIMENT STATION. [Jan. 



4. The manurial value obtainable from the different daily 

 fodder rations varies from 0.78 to 0.98 cents ; it amounts to 

 one-half of the market cost of the daily diet. 



5. The temporary ruling lo^v market cost of the grain 

 feed during the third experiment, as compared with those on 

 preceding occasions, and the high commercial value of the 

 ol)tainal)le manurial refuse, due to their rich nitrogenous 

 composition, have secured still a small profit over expenses 

 charged where the rate of producing meat was too low to en- 

 title to profit. In considering the stated financial results in 

 all our feeding experiments, thus far published, it ought to 

 be kept in mind that all our home-raised fodder articles are 

 charged at a liberal local market price per ton. 



