L—l 3

54

[W. D. POWDRELL.

Labour (machines) —Four milkers, Is. per hour, eight hours, £ s. d. 300 days ... ... ... ... ..." ... 480 0 0 Benzine, engine, machines, interest, upkeep, rubbers, oil, repairs, depreciation ... ... ... ... ... ... 70 0 0 550 0 0 Profit over rent, interest, rates, family keep ... ... ... 108 1.9 3 Loss had labour been paid ... ... ... £441 0 9 After upkeep machines, benzine, and oil paid for, family earned fd. per hour as wages. Loss does not include depreciation land, fences, buildings, machines; death of stock; manure, or management. 1915-16. £ s. d. C paid off land to Powdrell ... ... ... ... 516 12 0 £ s. d. £ s. d. Total milk received ... ... ... 1,528 19 11 Calves (net) ... ... ... ' ... 80 0 0 Pigs (net) ' ... ... ... ... 50 0 0 1,658 19 11 Less — Interest on land •... ... ... 462 19 9 Cows (6 per cent, on £1,200) ... ... 72 0 0 Living (five at 7s. 6d.), clothes (five at 55.)... 262 10 0 Rates ... ... ... ... 30 0 0 Crops, hay ... ... ... ... 20 0 0 847 9 9 £811 10 2 Labour worked out at Is. 6|d.; so that, after allowing Is. per hour for 300 days, eight hours per day, for family of five (= £600), there remained a profit of £212 to cover depreciation and deaths of cows; depreciation on land, house, fences, plant; manures, shoeing, seed, harness, and management was allowed only Is. per hour. 1916-17. £ a. d. Paid off land ... ... ... ... ... ... 383 5 1 £ s. d. £ s. d. Total milk ... ... ... ... 1,272 0 0 Calves (estimated) ... ... ... 80 0 0 Pigs (estimated) ... ... ... ... 50 0 0 1,402 0 0 Less — Interest, land ... ... ... 462 19 9 Interest, cows ... ... ... 72 0 0 Living (as shown above) ... ... 262 10 0 Rates ... ... ... ... 30 0 0 Crops ... ... ... ... 20 0 0 847 9 9 £554 10 3 If family allowed four milkers Is. per hour, eight hours per day, for 300 days (= £550), a profit of £4 10s. 3d. would be shown; but no depreciation or management is allowed for, as mentioned above. 1917-18. £ s. d. Paid off land ... ... ... ... ... ... 343 15 5 £ s. d. £ s. d. Total milk 1,090 0 11 Calves (estimated) ... ... ... 80 0 0 Pigs (estimated) ... ... ... ... 50 0 0 1,220 0 II Less— Rent 462 19 9 Interest ... ... ... ■-- 72 0 0 Living ... ... ... ... 262 10 0 Rates ... ... ... ... 30 0 0 Crops -.. 20 0 0 847 9 9 £372 II 2 Wages, four milkers (machines), eight hours per day, 300 days, £ b. d. at Is. per hour ... ... ... ... ■•• 480 0 0 Machines, kerosene, teat-cups, repairs ... ... ... 70 0 0 550 0 0 372 11 2 £177 8 10