DUCKS AND GEESE 



a well laid out economical plant an investment of the 

 size indicated should be sufficient. 



Working Capital. In addition to the capital in- 

 vested in the plant there would be required a con- 

 siderable amount of working capital. From the 

 first of November to the beginning of the marketing 

 of the ducks there would be required from $6,000 

 to $8,000 with which to purchase feed, meet the pay 

 roll, and for other running expenses. Even after 

 the marketing begins there would be a period of 

 from a month to six weeks when the expenses will 

 continue to be greater than the receipts so that some 

 additional capital might be necessary. However, 

 returns would begin to come in which could be used 

 to take care of the more pressing current obligations 

 so that additional working capital which might be 

 needed over that indicated would not be large. 



Profits. The profits in commercial duck raising 

 vary widely, as must be expected, depending upon 

 the management, upon the season and upon prices 

 received. After deducting all overhead charges and 

 interest on the investment, the net return per duck 

 should be at least 10 cents per duckling marketed. 

 In fact the return should be 15 cents to provide 

 much inducement to engage in the business. Some 

 seasons the returns will run greater than this but on 

 the other hand, there is always the chance of occa- 

 sional big losses. 



S4 



