1920.] 



Pig Feeding and Pork Production. 



345 



proportion to the average capital value of these at the beginning 

 and end of the financial year. The amount debited to the 

 pigs for management and incidental expenses amounted to 

 £60 lis. 



Co6t of Rent and Rates.— In addition to this, each class of 

 stock has been charged its fair share of the rent and rates 

 of the buildings used by them. Thus, of the £453 123. 6d. 

 actually paid for the rent of the farm, £20 has been charged 

 to the horses, £25 to the cows, £30 to the bullocks, heifers and 

 calves, and £18 to the pigs for the use of the building ; the 

 remainder has been distributed evenly over the grass and arable 

 land at a rate which works out at £1 3s. 2d. per acre. Dis- 

 tributing the rates in the same way, the amount charged to the 

 pigs as their share of the rates and taxes was £3 12s. 



Profit and Loss Account. — A Profit and Loss Account for the 

 year in which the pigs are debited with all the expenses in- 

 curred in respect of their keep, and credited with their valuation 

 at the end of the financial year, the receipts from the sales 

 during the year, and the manurial value of foodstuffs consumed 

 by them, would show for the year a net profit of £414 19s. ^d. 

 On the total capital outlay of £1,173 9s. Sd., the percentage 

 profit would therefore be 35 J per cent. 



The accounts kept on the above system show much more than 

 the actual profits made by the pigs during the year. It is 

 stated on p. 342 that the live-weight increase for the year was 

 201 cwt. I qr. The cost of producing this quantity is shown in 

 the balance sheet to be £832 9s. Sd., so that the cost of pro- 

 duction of the pork has been on an average £4 2s. 8d. per live- 

 weight cwt., or 14s. gd. per live-weight score. If the actual 

 cost of- keeping the pigs throughout the year amounted to 

 £832 gs. Sd., and the average number of pigs on the farm 

 throughout the year was 82 (see p. 342), the average cost of 

 keeping a pig for one year would have been £10 3s. id. ; or 

 3s. lid. per pig per week. Of this 3s. iid. the food bill absorbs 

 3s. 2d., and the labour bill /[d., leaving ^d. per pig per week for 

 the various incidental expenses. 



Information is available from the records which will enable 

 a fairly accurate check to be made of the valuation of the pro- 

 fessional valuer of the pigs in stock at the beginning and end 

 of the financial year. 



The 73 pigs in stock on the ist April, 1918, weighed 55 cwt. 

 2 qr., and were valued at £341, equivalent to £6 3s. per live- 

 weight cwt., or £1 IS. lid. per live- weight score. 



