Repository: UIHistories Project: Board of Trustees Minutes - 1873 [PAGE 91]

EXTRACTED TEXT FROM PAGE:

87

6.—COST AND VALUE OP 9 ACRES SPRING W H E A T .

To t o t a l cost ' ' b a l a n c e found ( p r o f i t ) . . . B y v a l u e of 100 bus., $1 25..

$78 00 47 00

$125 00 7.—COST AND VALUE OF 3 ACRES POTATOES. T o cost of crop ( e s t i m a t e d ) . B y v a l u e of 235 b u s . , 40c T o profit $69 00 25 00 $94 00 B y v a l u e of 120 a c r e s p a s t u r e . 9.—COST AND VALUE OF ORCHARD PRODUCT. T o e s t i m a t e d cost of g a t h e r i n g apples, m a r k e t i n g a n d making- cider . 4 ' b a l a n c e found (profit) B y sale of a p p l e s ' ' sale of cider a n d v i n e g a r ' ' cider on h a n d (excess of 1872). 10. E s t i m a t e d profit on f cent 0, r e c e i v e d for w o r k from v a r i o u s sources, a t 33 p e r $303 60 11. E s t i m a t e d loss on 60 acres of oats d e s t r o y e d b y a r m y w o r m s . . $180 00 $200 00 160 00 $337 00

L O S S A K D GAIN". Profit on 70 acres corn '4 10 acres r y e 44 47 s t e e r s 1 ' h a y crop '' 120 acres m e a d o w '' 9 acres spring wheat. '' 3 acres p o t a t o e s '' 120 acres p a s t u r e '' o r c h a r d crop '' work, 33 p e r c e n t . . . L o s s of 60 acres oats B a l a n c e profits of t h e y e a r ( e s t i m a t e d ) .

$2, 889 22 $568 57 444 136 811 47 25 337 160 303 00 00 62 00 00 00. 00 ! 00 00 60

C o m p a r e s w i t h t h e a c t u a l a c c o u n t s of t h e y e a r as follows Cash balance V a l u e of i m p r o v e m e n t s a n d m a c h i n e r y S a l a r y of h e a d f a r m e r E s t i m a t e d profits (too low) '' '' as above A c t u a l profits G a i n s of t h e year, b e i n g a m o u n t of profits, less s a l a r y of h e a d f a r m e r . A v a i l a b l e balance, as a b o v e B a l a n c e of S t a t e a p p r o p r i a t i o n . Available means.

il, 012 06 995 00 720 00

$2, 727 06 2, 007 06 $1,012 06 686 41 $1, 698 41

I t w i l l b e seen t h a t in t h e following s t a t e m e n t s a n d e s t i m a t e s I h a v e n o t d e d u c t e d from t h e e a r n i n g s of t h e f a r m t h e s a l a r y of t h e h e a d f a r m e r . W h e n p r i v a t e f a r m e r s m a k e e s t i m a t e s of t h i s k i n d , t h e i r