27 

 CEREALS. 



Amdysis of the following prices per bushel and per quarter realised on the respec- 

 tive cereal crops grown on an average of twenty years, viz. : Wheat, 7s. 0{d.; 

 barley, 4s. 7id. ; oats or dredge, 3s. S^d. ; beans, hs. Qld. 



The loss shown in synopsis^ folio 18, being £-2 18s. 8d. per acre, or 



.€•322 12s. 2|cl. per annum in the conversion of hay, root, and g-reen 



crops into meat, it therefore follows that the cost price of the cereal 



crops per bushel is increased respectively thus : — 



Wheat ... 



Barley 



()at.s and rjic(l<;(! 



J'cans anil Pulse 



Straw 



£ s. 



If £970 l.'i. O^d. i^'ives £322 12s. 2|d., what will £302 Kis. 4|d. give:-' ... 100 1.5 



If £970 Is. 9.id. gives £322 12s. 2|d., what will £290 r)s. .3d. giver ... 96 9 



If £970 Is. 9^d. eives £322 12s. 2ad., what will £239 19s. Id. g-ive ? ... 79 16 



If £970 Is. Old. gives £322 12?. 2?d., what will £103 2s. 9(1. give? ... 34 .5 



If £970 Is. 9|d. gives £322 12s. 2|d., what will £33 ISs. Ud. give? ... 11 G 



£322 12 2f 



The synopsis shown in folio 18 becomes transposed thus : — 



Wheat £100 15s. 5^=d. -^ 8604 = 2s. 4d. '\ ,, ,• jji t i, i xv 



Barley £96 9s. O^d. -f- 1,2.594 = Is. .iJd. I^^tio of lo.ss_per hu.shel on the 



Oats and Dr<.dg-e ... £79 16s. 5d. -^ 1,468 = Is. 1,',. | conversion of the Hay, 



15eansandl'ni;e ... £34 5s. I|d. - 37U = Is. 10.1. I J ^oot, and Green Crops. 



Wheat. 1',.v P.ushel. Per (Quarter. 



s. d. £ s. d. 



Cost of production, as shown, Folio 26 ... ... '5 l)i| ... ] 10 6 



Add ratio of loss in the conversion of hay, root, 



and green crops as above ... ... ... 2 4 ... 018 8 



Total cost price If... 2 2 



Amount realised above cost price, being Tenants' 

 Profit, equal to £8 3s. 4kl. per cent, on 

 £17 8s. [lid. capital per acre employed; an 

 average variety of seasons and other casualties 

 having been experienced during the 23 years. 

 Special epidemics would require further 

 consideration. This amount of interest is irre- 

 spective of the 10 per cent, discounted in 

 the inventories on the value of the working 

 horses and implements employed upon the 

 Farm as well as in the Park and Demesne 

 establishments, and is, therefore, an additional 

 per-centage on the capital employed ... lOi ... 7 



Price per bushel and per quarter realised on the 



average of twenty years ... ... ... 7 ''l- 216 2 



