164 FAEM MANAGEMENT 



60 tons. The table gives a close approximation to the 

 cost of producing this increased crop. 



It will be seen that the real cost of the fertilizer on this 

 farm is $634, not $272. In this case, a so-called profit of 

 over 100 per cent by the usual method of figuring would 

 really be a loss, because the fertilizer is less than half the 

 total cost. 



TABLE 27. REAL COST OF THE INCREASED CROP DUE TO FER- 

 TILIZING 60 ACRES OF TIMOTHY 



Cost of Fertilizer 



8000 pounds nitrate of soda $185.00 



2080 pounds muriate of potash .... 39.77 



10354 pounds of acid phosphate .... 47.37 $272.14 



Other Costs 



Freight on fertilizer 26.66 



39^ man hours hauling fertilizer at 2l.G . 8.53 



58 horse hours hauling fertilizer at 13.2 . 7.66 



29 man hours mixing fertilizer .... 6.26 



841 man hours sowing fertilizer .... 18.25 



101 5 horse hours sowing fertilizer . . . 13.40 

 200 man hours hauling in and storing 60 



tons hay 43.20 



160 horse hours hauling in 60 tons hay . 21.12 



108 man hours pitching hay to baler . . 23.33 



Meals for hay pressers 14.40 



Meals for hay pressers' horses .... 7.30 



118 man hours hauling 60 tons to railroad 25.49 



208 horse hours hauling 60 tons to railroad 27.46 



Use of barn (proportionate share) . . . 95.00 



Fire insurance (proportionate share) . . 3.00 



Interest on above costs for 7 mos. . 6% 21.46 $362.52 



~ 



The labor costs are charged at the average cost on this 

 farm for the year 1911 ; not the cash paid the men but the 

 real cost of labor, which includes wood, milk, use of house, 

 etc. Horse labor is charged at cost, 13.2 cents per horse 

 hour. A very moderate cost for a New York farm. 



The time required for baling and hauling hay, barn stor- 



