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Show COST OF PRODUCTION. The Way the Farmer Can Learn Which Department In Paying Him Profit BJ Dcforo any man engaged In business of any kind can know whether or not HJ his business Is paying him n profit above tho cost of production, ho must determlno what Is tho cost of produc- HJ Hon. This Is always dono by mer- chants and manufacturers, nnd rarely HJ dono by farmers. Yet there, is no class. HJ of business iron who need careful ac- , HJ counts moro than tho farmer If he wishes to prosper and not merely drift. HJ For tho farmer, who Is In reality con- HJ ducting several businesses nt once, H mny bo losing In ono department what . HJ ho la making In another. Ho depends HJ upon tho slzn of his bank account or HJ tho condition of tho fnmlly mortgage HJ to mensuro ills success. Ono man who HJ had b :i keeping his books on the HJ barn door plan for n number of years HJ wns Induced to make accurate account HJ of every kind of work dono on hit HJ farm. He found thnt his beef cattle, HJ his hogs and his wheat Held wero all , HJ losing ventures; thnt tho dairy paid a HJ fair profit, and that tho iwultry tie- HJ partmcnt was tho most profitable ot all. Who enn deny In tho face of such HJ n revelation that knowlcdgo Is powor? HJ A grcnt many farmers would llko to HJ know what n bushel of corn costs, or o HJ gallon of milk, or n pound of llvo pork, HJ but they nro cither too Indolent or too HJ Ignorant to get down to business and HJ find out HJ Tako first nn Inventory of nil prop- HJ crty; then record cost of articles jur- HJ chased nnd tho prlco received for every, HJ species ot produco sold. It then re- quires nn estimate, based upon market HJ values, of every Item produced upon HJ tho farm. It means a proper valuation HJ being placed upon one's own labor; an HJ cstltnato for rent or interest; Insur- HJ anco; depreciation In vnluo of stock HJ and merchandise; wear and tear. After HJ somo study of the matter every man HJ will evolve n schemo which seems best HJ suited to his own needs. H Mr. F. H. Scrlbncr or Roscndnlo, HJ Wis., Is n business farmer, says tho HJ Farmers' Volco. Ho haa a hord of 05 HJ beautiful Jerseys, nil registered unit HJ many ot them prize winners. He haa HJ 80 acres of land which at one time HJ wouldn't grow woods, but now Is near HJ the top notch of fertility. At our re- HJ quest ho has furnished a fow figures HJ which will bo of Interest, both as to HJ their nbsoluto vnluo to tho farmer nnd - HJ stockman nnd nlso ns showing how careful business mothods nro rewarded by a satisfactory ledger balance. (H Figures for tho year 1005: ;H Pounds of milk produced 1S8.M6 HJ Gallons of milk produced. t 16,704 - H l'ounds ot milk per gallon && M Feed cost to produce nO Uibor of milking , 1W Avcrngo cast of keep of cows per H yenr ........,... ....,..,. Cost per gallon of milk Mo I'nsturngo Is llgurcd at 2S cent per H week per hend. Rllngo Is figured nt fl.CO por ton. Ilrnn cost 18 per ton. Gluten feed cost tZ2 por ton. liny Is figured nt JS per ton. Lnbor of feeding nnd caring foi H stock Is estimated to offset tho vnluo ot H manuro obtained. H Wo want to hear from othor farmer I who havo kept accounts. Send us n H brief report ot your experience, togetb- H cr with tho balunce sheet, showing in H figures Just what your farm has dona H for you. I |
