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Show COST OF PRODUCTION. jVH Tho Way the Farmer Can Leant H Which Department Is Faying H Hlin Profit HHJ Before nny man engaged In business H of any kind can know whether or not H his business Is paying him a profit H abovo tho cost of production, ho must H determine what Is tho cost of produc- H tlon. This Is always dono by mer- H chants and manufacturers, and rarely H dono by farmers. Yet thcru Is no class. H of business men who need careful ac- H counts moro than the farmer it ho H wishes to prosper and not merely drift. H For tho farmer, who Is In reality con-ducting con-ducting several businesses nt once, H may ho losing In ono department what B ho Is making In nnothcr. Ho depends H upon tho slzn of his hank nccount or H tho condition of tho family mortgage to measure his success. Ono man who J had b n keeping his books on the fl barn door plan for a number of ycara fl was induced to mako nccurnto nccount fl of every kind of work dono on hlf H farm. Ho found thnt his beef cattle, his hogs and his wheat field wero al , losing ventures; that tho dairy paid a 1 fair profit, nnd that the poultry do-partmcnt do-partmcnt was tho most profitable ot all. Who can deny In tho face of such n rovclatlon that knowledge is power? A great many farmers would llko to know what a bushel of corn costs, or o J gallon of milk, or n pound of llvo pork, but they nro cither too Indolent or too Ignorant to get down to business and Tako first nn Inventory of nil prop-crty; prop-crty; then record cost of articles ;ur-chased ;ur-chased and tho prlco received for every, species of produce sold. It then re- J quires an estimate, based upon market values, of every item produced upon tho farm. It means a proper valuation being placed upon ono's own labor; an cstimato for rent or Interest; insur- ance; depreciation In value ot stock and merchandise; wear nnd tear. Aftor somo study of tho matter every man will ovolvo a scheme which Bccms best suited to his own needs. Mr. F. II. Scribncr or Itpsendnlo, Wis., Is n business farmer, says tho Farmers' Volco. Ho has a herd of C5 beautiful Jerseys, all reglstcicd and many of them prlzo winners. He has. 80 ncrcs of land which at ono time wouldn't grow weeds, but now is near the top notch of fertility. At our re-quest re-quest ho has furnished a fow figures which will bo of interest, both as to their absolute value to tho farmer and stockman and also as showing how Hfl careful business methods are rownrded by a satisfactory ledger balance. Figures for tho year 1005: Founds of milk produced 13S.MC flnllons of milk produced, t 16.TM Pounds ot milk jwr Kalian H Keed cost to produce... 1770 B Uihor of mllklniT , 1U AvornRO cast of keep of cow per year .., 35 H Cost per gallon of milk "Via I'asturaKO In figured nt SS cents per week per head, H Kllnk'o Is flEtired nt S1.G0 per ton. JJH llrnn cost tin per ton. (ilulcn feed cost 22 per ton. liny Is llgured nt J8 per ton. Labor of feeding nnd caring foi stock Is estimated to offset tho value ot manure obtained. Bl Wo want to hear from other futmori who havo kept accounts. Send us n JBb brief roport ot your experience, togcth- BBb cr with tho balance sheet, showing in BBJ figures Just what your farm has dona HJ for BBb |
