34 
Colorado Experiment Station. 
Table No. 62, which gives the total returns and net profits annually, 
it will be seen that while some fields return a loss each year, that 
the returns from all the fields uniformly show a net profit for the 
period under investigation. This net profit is in excess of all ex¬ 
penses properly chargeable to the fields, including the items of cost 
summarized and many others. In 1910, the net profit was $636.54; 
in 1911, the net profit was $2,325.61; in 1912, the net profit from 
all fields was $1,778.40; in 1913 the net profit amounted to 
$2,263.84. Thus it will be seen that the College land has been op¬ 
erated at a net profit, but the College Farm Department which op¬ 
erates the land and in addition acts as a general institutional serv¬ 
ice bureau has sometimes had its balance on the wrong side of the 
ledger. 
