1894.] 



PUBLIC DOCUMENT — No. 33. 



87 



Financial Statement. 



* Assuming that Nos. 4 and 5 would shrink the same amount in dressing as Nos. 

 1, 2, 3 and 6. 



Answer to Object III. 



The results show {a) that the average total cost of feed 

 reqidred to produce one pound of live weight, on the retail 

 price of coarse fodders and grains, as previously stated, was 

 7.67 cents, and the net cost 3.41 cents; the total cost per 

 pound of dressed weight was 15.13 cents and the net cost 

 6.94 cents. 



(h) The profit and loss account shows that the financial 

 advantages of feeding j^earlings during the winter are to be 

 found, first, in selling the coarse fodder articles at a fair 

 retail price ; and, second, in the value of the manure pro- 

 duced. It also makes this fact very emphatic, viz., that 

 the manure, solid as well as liquid, should be carefully 

 guarded from any loss. The manure is valuable chiefly for 

 the nitrogen, phosphoric acid and potash it contains, as 

 these ingredients cost respectively 15 cents, 51- cents and 4| 

 cents per pound in the markets. The manure, reckoned on 

 this basis, has been found to be equal to one-half the cost 

 of the feed consumed. 



