INTENSIVE AND EXTENSIVE FARMING 165 



age room, and fire insurance are directly in proportion 

 to the crop grown. These are charged at the average cost 

 per ton for 1911. The charge for hay stcrage is low. The 

 use of fertilizers on this farm has made it necessary to 

 build more barns. The extra time of cutting, tedding, 

 and raking the larger crop and additional use of machinery 

 has not been counted. The time to load and haul to the 

 barn is estimated from the time for the total crop, but is 

 very close to correct. The farm is three miles from the 

 railroad and has some bad hills, but over two tons of baled 

 hay is hauled per load. No hay loader is used, but other- 

 wise work is economized. The charge for baling of $1.25 

 per ton is not counted, as this is deducted from the price 

 when selling. 



In most years, the 60 tons of hay from this farm will 

 sell for $900. This allows a profit of $265 from fertilizing, 

 not a profit of $628 that would be indicated by usual 

 methods of figuring. 



With hay at $10 per ton, there would be a loss from using 

 fertilizers, yet by the experiment station method of figuring 

 the profit would be over 100 per cent. 



It will be seen that the fertilizer is much less than half 

 the total cost. The costs may be summarized as follows : 



Fixed costs, fertilizer, freight on fertilizer, mixing and 

 applying fertilizer, interest on these $365.25. 



Costs directly proportional to crop, hauling in, storage, 

 fire insurance, baling, hauling to market, interest on these 

 - $269.41, or $4.49 per ton. 



We can then determine approximately what increases 

 and prices are necessary for profit on this farm. With 

 an increase of half a ton per acre from the treatment, the 

 fixed costs are $365 and the variable costs $135. The 

 30 tons of hay would have to bring about $16.66 per ton 



