Repository: UIHistories Project: Board of Trustees Minutes - 1872 [PAGE 79]

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at 65 cents per bushel, while the product on hand is put at 25 cents. Corn on hand last spring cost me 40 cents. 1,675 bushels, now in crib, is put in at 25 cents. Comparing the present invoice with that of one year ago, and the total receipts with total expenditures, I find a balance of receipts of $210 27. Giving the farm credit for permanent improvements and new tools purchased, which amounts to $1,266 46, gives us a total balance of $1,477 83. See statement marked "K." For statement of loss and gain, see paper marked " L . " This had to be partly estimated, as the showing of the cost and value of crops, etc., and the real profits and losses did not correspond, and the difference had to be made up to make this showing. . The first few months of the year were exceedingly trying and laborious, and I was convinced of the truth of the saying, that " Eternal vigilance is the price of success." I t would have been a satisfaction to have seen another thousand dollars added to the balance in this report; yet on the whole, taking all things into consideration, I am gratified with the result of our labors, and hope it may be satisfactory to yourself and the Board of Trustees. In closing this report I tender you my sincere thanks for the interest you have taken in " The Stock Farm," and also to the Executive Committee for the readiness with which they have met my requests for the means and material necessary to forward our labors. Eespectfully submitted, E. L. LAWRENCE, Head Farmer 1.1. JJ. STATEMENT A.—FARM RECEIPTS. From sales of old hay 4 ' new hay " corn...l '' rye 11 oats " cattle " fruit " straw " hogs '' potatoes Prom sale of mare " colt '' grass seed '' unenumerated articles From receipts for pasture ' ' cash for freight on cattle sold.. For work done off the farm ' ' care and feed of fine stock

$444 93 458 42 15 86 321 00 670 55 4,284 45 177 67 51 25 490 98 48 75 100 00 125 00 17 50 23 37 85 61 100 00 97 96 421 05

$7,934 45

STATEMENT "B."—EXPENSES. Head Farmer's salary Paid for farm and all labor on place Board ot hands, Cultivator Reaper and mower and extra knife "Wind-mill Hay carrier, power and freight Horse rake Well, brick, curb circles and pump Hay fork and rope Check rower and freight Hardware bills Blacksmith bills Paints, oils and druggists bills Hogs bought Paid for grinding corn Seed of all kinds purchased Hedge plants purchased Lumber and wire Expenses to Chicago twice for cattle Old debts paid. Paid for horse Express charges on pigs Paid for salt , Harness, repairs, etc Freight paid 4 cars cattle, 3 hay, 10 oats, etc. Horticultural department account $720 00 1, 046 29 528 70 41 00 196 00 50 00 11 86 40 00 34 41 19 25 12 00 51 11 28 02 24 86 126 70 7 25 117 27 7 75 275 47 36 05 53 00 100 00 16 00 5 55 15 60 278 23 62 15