. The book of corn; a complete treatise upon the culture, marketing and uses of maize in America and elsewhere, for farmers, dealers, manufacturers and others--a comprehensive manual upon the production, sale, use and commerce of the world's greatest crop . es presented do not represent the costunder any particular method, but an average of thevarious methods. What Is Cost—In analyzing the data secured bythis investigation, the term cost of production isused in its popular significance, as representing theactual outlay or the amount of capital actually used upand which must be wholly replaced
. The book of corn; a complete treatise upon the culture, marketing and uses of maize in America and elsewhere, for farmers, dealers, manufacturers and others--a comprehensive manual upon the production, sale, use and commerce of the world's greatest crop . es presented do not represent the costunder any particular method, but an average of thevarious methods. What Is Cost—In analyzing the data secured bythis investigation, the term cost of production isused in its popular significance, as representing theactual outlay or the amount of capital actually used upand which must be wholly replaced before any profitupon the fixed or permanently invested capital can besecured. In the tabulations to be presented this covers COST OF GROWING CORN taxation, labor and labor maintenance, fertilizing ma-terial, seed, team maintenance and depreciation of ma-chinery and horses. Land, horses and machinerj aretreated as permanent capital and an allowance of i lter-est on this permanent investment is not considered aspart of the cost of production, but the net profit onJhe crop after all the circulating capital which has. beenused up has been replaced is taken as the profit of pro-duction and therefore is the interest returned on thepermanent Fig 86—Mediterranean Flour Moth Ephestia kuehnieUal a, moth; b, same from side, resting; <-, larva; d, pupa-enlarged; e, abdominal joint of larva—more enlarged (after Chittenden) Labor and Wages—The great bulk of the corncrop is produced by the labor of the owner of the hiring is done in stress of work, but this usuallysupplements the labor of the owner. In figuring laborcost the rate of wages paid where hiring is done bythe day is used, the assumption being that the owneris entitled to charge his labor at the highest local mar-ket price. By common custom in every community,there is a wage rate for labor with board furnishedand another where the laborer boards himself. Thedifference between the two rates represen
Size: 2227px × 1122px
Photo credit: © Reading Room 2020 / Alamy / Afripics
License: Licensed
Model Released: No
Keywords: ., bookcentury1900, bookdecade1900, bookidbookofcornco, bookyear1904
