molasses which sold at four cents per pound ; we have, 



consequently, as returns : 



From sugar at eight cents per pound, $10,800 

 From sale of molasses, 3, 600 



$14,400 



The cost of cultivating one hundred acres was $5,000, 

 or $50 to the acre. The expense of manufacture, 

 including the overseer, etc., was $7,400. 



For cultivating one hundred acres at 



$50 per acre, $5,ooo 



Expense of manufacture, - 7,400 



$12,400 



Consequently we have for profits : 



Receipts, $14,400 



Expenses, 12,400 



Net profit, $2,000 



or $20 per acre of land under cultivation. 



SUGAR BEET COST AND PROFITS. Our experi- 

 ence in raising beets has convinced us that fifteen tons 

 to the acre is a just average for the entire Northern 

 States ; beets may be grown at about $45 per acre, 

 but as we are in this argument to consider averages, 

 we will take those of nearly two thousand farmers of 

 Delaware, Maine, and Massachusetts. The average 

 results obtained by them were ten tons to the acre. 

 The average cost of raising b^ets was $50 per acre. 

 As these were grown under contract, they were 

 sold, we will suppose, at cost price ; or, for argu- 

 ment's sake, we may admit that they were grown by 

 the manufacturer, and $50* consequently represents the 

 actual cost of cultivation, including seed and the various 



* In the growing of over three hundred acres, by the Delaware Beet Sugar 

 Company, this year, it is estimated that the above is a maximum figure. 



40 



