5

H.— 9

Estimate of Return from Depot selling New Zealand Meat in a large Centre of Population in England (Second Year). Cost of Mutton, — £ s. d. Say, selling 45 sheep per week for six -months, from April to September, each sheep averaging 60 lb., at 4d. per pound 1,170 0 0 Cost of Lamb, — Say, selling 150 lambs per week for six months, from April to September, each lamb averaging 361b., at per pound 3,217 10 0 Cost of Mutton, — Say, selling 75 sheep per week for six months, from October to March ... ... ... ... ... 1,950 0 0 Cost of Lamb, — Say, selling 60 lambs per week for six months, from October to March ... ... ... ... ... 1,287 0 0 £7,624 10 0

Estimate of Beturn from Depot selling New Zealand Meat in a large Centre of Population in England (Second Year). Receipts from Mutton, — £ s. d. Say, selling 45 sheep per week for six months, from April to September ... ... ... ... ... 1,567 6 3 Receipts from Lamb, — Say, selling 150 lambs per week for six months, from April to September ... ... ... ... ... 4,420 0 0 Receipts from Mutton, — Say, selling 75 sheep per week for six months, from October to March ... ... ... ... ... 2,612 3 9 Receipts from Lamb, — Say, selling 60 lambs per week for six months, from October to March ... ... ... 1,540 10 0 £10,140 0 0

Beef : Estimated Profit (Second Year). Twenty quarters per week, each quarter weighing 1601b., 3,2001b. Profit at Id. per lb., £13 6s. Bd. Profit per year, £693 6s. Bd.

Balance-sheet (Second Year). & s. d. Bealised from sales of mutton and lamb ... ... 10,140 0 0 Paid for mutton and lamb ... ... ... ... 7,624 10 0 Profit from sales of mutton and lamb ... ... ... 2,516 10 0 beef ... ... ... ... 693 6 8 „ veal „ pork small goods Gross profits ... ... ... 3,209 16 8 Less 5 per cent, for contingencies... £160 10 0 „ proportion of management ... 100 0 0 . 260 10 0 2,949 6 8 Less expenses ... ... ... ... 2,660 0 0 Net profit ... ... ... ... £289 6 8 Profit, 14} per cent, on £2,000 capital. H. C. Cameron, Produce Commissioner,