316 



FOREIGN AND COLONIAL OFFICE REPORTS. [Dec. 1896. 



on the assumption that 400 acres yield 10,000 bushels of blue- 

 stem wheat. The land was summer fallowed in 1894, and 

 valued at 61. per acre. The locality is one where water and 

 material are reasonably convenient, and the land not very hilly 

 and easy to work : — 



! 



Amount. 





£ 



s. 



d. 



Ploughing, twice, at Ss. 9d. per acre each time 

 Harrowing, thrice, at 5\d. „ „ - 



150 



0 



0 



2? 



10 



0 



500 "bushels of seed wheat, at 2s. Id. - 



52 



I 



8 



Cleaning and vitriolising seed - 



5 



2 



1 



Sowing, at 1\d. per acre - 



Cuttirg, at is. 2d. per acre ----- 



12 



10 



0 



83 



6 



8 



Threshing 10,000 bushels, at Z\d. - 



93 



15 



0 



4,400 Backs, at 10Z. 4s. 2d. per 1,000 - 



44 



18 



4 



30 lbs. twine - - 



2 



1 



8 



Hauling to railroad, at l\d. per sack - 



22 



18 



4 



Interest on payments ------ 



37 



17 



11 



Warehouse charges for season - 



25 



0 



0 



Total 



557 



1 



8 



The cost of raising wheat on the basis of this estimate only 

 amounted to 26 1 c, or Is. l\d. per bushel. 



The same report gives also some figures showing the actual 

 results obtained from a flock of sheep in 1894. The capital 

 invested was reckoned at 4,296£., made up as follows, 3,320 

 acres of land at 11. per acre, 1,200 breeding ewes at 5s. each, 

 and 3,380 yearlings at 4s. each. The gross income amounted to 

 1,429?., made up by the sale of 2,110 sheep and of the wool, 

 together with the sum of 240?., the estimated value of the lambs 

 dropped during the year. The expenses were as follows : — 





. Amount. 



Two herders, at 6Z. per month, 1 year - 

 One camp tender, 4 months - 



Feed, actual cost - - - - - 

 Shearing, at 2f d. 



115 sacks ------- 



Hauling wool - . - ' 



1 ton salt - - - 



Taxes ------- 



Interest on land at 5 per cent. - 

 „ sheep, at 10 per cent. - 

 910 yearlings to keep up number in old stock 



Total - 



£ s. d. 

 144 0 0 

 24 0 0 

 80 0 0 

 49 7 7 

 6 8 9 

 5 0 0 

 3 12 0 

 20 0 0 



332 8 4 

 166 0 0 

 97 12 0 

 182 0 0 



778 0 4 



The net profit for the year amounted to 650L 19s. Sd., or a 

 little over 15 per cent, on the invested capital. 



[Foreign Office Report, Annual Series, No. 1734. Price 3d] 



