11 



This it must be remembered is the result of 23 years^ experience on the 

 farm in question (the fertiUty of the land being also maintained), but 

 Professor Elliot nevertheless defines that the respective crops can be 

 grown at reduced prices, as shown by the following diagram : — 



Description of Crop. 



Wheat ... 

 Barley 

 Oats 

 Beans 



Quautity 



Grown 



per Acre. 



Bus. 

 36 

 50 

 61 

 41 



Price 



per 



Bushel. 



ytraw Sold (4 acres, at 7s. 7|d. per acre) 



Cost of Production, as shown heretofore... 



Balance per Acre in favour of Cereals ... 

 Profit on Hay, Root, and Green Crops, as stated in previous 

 diagram ... 



£ s. 

 6 17 

 5 19 

 .5 10 



Tot,.l Profit. 



7 19 11 



Being £6 18s. lid. per cent, on the j6115 15s. 8d. capital estimated 

 to have been employed in the 8 acres, but this result, though showing 

 a profit at the low prices quoted, is not sufficiently compensating to the 

 producer for the capital and skill employed by him. 



But with the liberal allowance of £4< Os. 5id. per acre annually, for 

 feeding stuffs, the products would undoubtedly be raised to equivalents 

 grown on the best soils of the kingdom (under the like climate), and, 

 therefore, the yields would consequently stand at an estimate, viz. : — 

 Wheat, 40 bushels per acre; barley, 54 bushels; oats, 65 bushels; and 

 beans, 45 bushels. These quantities at profitable prices, as shown by 

 the results obtained on the Wilton House Home Farm, viz. : — Wheat, 

 4s. 8;jd. per bushel : barley, 3s. Id. : oats, 2s. 2]^d. ; beans, 3s. 8Jd., and 

 7s. 7|d. per acre for straw — would amount to £34 13s. 9|d., from which 

 the cost of the production of cereals would have to be deducted, and a 

 profit per acre remains of ... ... ... ... ... £8 6 10| 



The like ratio of increase on the hay, root, and green 

 crops, would amount to £11 5s. Hid-, but the sheep flock 

 being at the rate of an ewe and a half per acre (or rather 

 more) on the arable land (on the farm in question, and on 

 the average of the 23 years) the profit on these crops is 

 consequently taken fairly as shown in the first diagram of 

 8 acre cropping, and not after the increase ratio admitted 

 in the cereals. ... ... ... ... ... ... 7 11 11 



£15 18 10 



