COST OF PRODUCTION 241 
EXPENDITURE. 
£ 8. 4 
58 sacks seed wheat 67 11 0 
Ploughing, cultivating, and sowing crop, " purchase 
of wheat protector, cpnage © of seed wheat, and 
pickling of same .. 10419 9 
Labour, cleaning creek, ete. se oie ae 10 0 0 
Spring rolling and harrowing a i oe 1210 0 
Reaping, stooking, and binder twine .. ae 60 0 0 
Carting sheaves to threshing mill E ae 18 3 0 
Stacking straw, tying down, and covering bags .. 4 0 6 
Sacks. for wheat ie Far 40 7 1 
Threshing account oe is a os 56 14 6 
F.o.b. charges on wheat ie ee ee 25 8 8 
Insurance on crops” .-- me sv oi 915 0 
Haulage of grain to railway 13 3 «0 
Government rent on 98 acres at "358, 6d. ‘per acre. 176 8 0 
Land tax ahs oe ee ae bi 20 0 0 
Koad rates... ae we as ae 12 0 0 
Profit ae iy ia ae ». 202 13 11 
£833 13 11 
RECEIPTS. 
s. d. 
Sale of 2,426 bush. 50 Ib. milling wheat, at 5s. 10d. 
per bush. ae site mes -. 70716 6 
Sale of 170 bush. 59 Ib. seconds, at 5s. per bush. 42 14 10 
Sale of 33 bush. 20 Ib. seed wheat, at 5s. 10d. ne 
bush. 914 6 
796 sacks at 104d. each | ‘ef o% ee 38416 6 
6 straw stacks ee 30 0 0 
5 per cent. rebate on Government rent . hs 8 11 6 
£833 13 11 
It should be stated that Mr. W. H. Jamieson gave the use 
of his implements and team of horses free of cost for a short 
time during the ploughing and cultivating operations.’’ 
The total cost of growing the crop was £631, and the total 
yield was 2,646 bushels. Thus, if all other receipts are excluded, 
the cost per bushel was about 4s. 94d. This experiment was 
carried out under war conditions three years after the experi- 
ments in estimating costs which are given above. As general 
prices have risen considerably in this period, the results of this 
experiment can be considered to confirm the results obtained 
in this chapter. It is interesting to observe that the total outlay 
was £631, and the profits £202 13s. 11d., showing a profit of over 
32 per cent. 
