Our presentation of financial results is based on the local cost of feed alone, and does not consider interest on investment and labor involved, for the reason that approximate estimates on these points are in an exceptional degree dependent on quality of stock and varying local circumstances. The details are embodied in a few subsequent tables under the following headings: 1. Statement of articles of fodder used. 2. Record of average quality of milk and of fodder rations. 3. Value of cream produced at creamery basis of valuation. 4. Cost of skim-milk at the selling price of three cents per quart of whole milk. 5. Fertilizing constituents of cream. 6. Some conclusions suggested by the records. 7. Analyses of cream, and modes of analysis of milk, cream and butter. Statement of Articles of Fodder used during 1890 (in Pounds). January, 604.50 604.50 1,016.00 Hay. Rowen. Fodder Corn. Corn Stover. Corn Ensilage. Vetch and Oats. Soja Beans. Carrots. Sugar Beets. Corn Meal. Wheat Bran. Gluten Meal. Old-process Linseed Meal. Cotton-seed Meal. 1. Statement of Articles of Fodder used during 1891 (in Pounds). Brewers' Grain. 7,285.00 Hay. Rowen. Green Fodder Corn. Corn Stover. Mixed Ensilage. Vetch and Oats. 1890. Record of Average Quality of Milk and of Fodder Rations (1890). Hay. Rowen. Fodder Corn. Corn Stover. Corn Ensilage. Vetch and Oats. Soja Bean. Carrots. Sugar Beets. 1891. Average Percentage of Solids in Milk. Average Percentage of Fat in Milk. Quarts of Milk re quired to make One Space of Cream. Nutritive Ratio of Feed. Corn Meal. Wheat Bran. 2. Record of Average Quality of Milk and of Fodder Rations (1891). FEED CONSUMED (POUNDS) PER DAY. Gluten Meal. Old-process Lin- | seed Meal. Cotton-seed Meal. Brewers' Grain. Hay. Rowen. Green Fodder Corn. Corn Stover. Corn and Soja Bean Ensilage. Vetch and Oats. Soja Beans. |