COST OF PRODUCING APPLES WESTERN NEW YORK. 47 



nets are the apples sold to the dryer, cannery, or cider mill. The 

 average price received for apples by the growers considered in this 

 investigation was $2.20 per barrel. The average net cost of produc- 

 tion was $1.41. By deducting the same it will be found that the aver- 

 age net profit was 79 cents per barrel, with an average yield of 84 

 barrels per acre, or a net profit of $66.36 per acre. If interest on in- 

 vestment ($25.72) is considered as profit rather than as expense, there 

 is a net profit of $92.08 per acre, or 18 per cent on the investment 

 of $514. 



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