The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1880-05-05
N. B. C. AND E. A.
Concluded from seventh Page.

product of 90 OOO,O0O scres OF land TO supply the
food for the stock, and this Industry gives en-
ployment 10 10000 men, and requires the Ia
From this we may ascertain tae amount of
capital invested, estimated sS follows: I3,0OO,-
90 mich cows, valued at $50 each, $3.50 1000;
s6e,600 horses, valued at $50 each. Sty,fSJ,UOO;
52,g00.f00 acres OF land, valued at $50 per acre,
81 ,560, 100000. To which should be added for
wagons. harness, agricultural and dairy I'M
plements S2O0,0C0,OOJ, making grand total OF
S2,2l9, 2S0,0 GOO, or an amount equal 10 the In
debtedness of the United states.
1t may be interesting TO compare the amount
Invested In this industry with the amount In
vested In banking.
We have not seen the last returns. but the
report of the comptroller of the currency dated
October i, 1877, shows that the capital OF all of
the National Banks amounted TO S4s9,4bI,Ill;
and that the banks other than National tine
savings Banks not included had a capital OF
Sill ,634 ,0S6, making capital invested IN
banking OF ,i 10 .nis R re ano sGs
1O3 9S7, deposits in other banks Savings Banks
not included) 1885. 45S 242, making total of
capital and deposits of 81 500 96I 5So. And this
represents the active capital of not only the
capitalists, but that of the commercial and
manufacturing industries of the country.
From this 1t appears that the capital invest
ed by the dairy farmers is three times that OF
the banking capital, and 20 per cent. more
than the banking capital and money deposit
eel In all OF the banks (other than Savings
BaukS) of the country.
Turning TO the industrial value of this
branch OF agriculture and we find that 1t In
Guides the laoor OF the men employed, as also
the value OF the food consumed by the stock.
In order to obtain satisfactory results in the
quantity and quality of the milk, the COW
must necessarily be supplied witt liberal
quantity of food, and SO most If not all of our
dairy farmers feed more less grain to their
milcn COWS.
While this is true of all who are engaged in
this industry. il is especially true OF those
who produce milk during the winter.
II the cows kept for winter dairy are prop
erly fed-fed so as to produce good results,
there will be required daily portion OF grain
81 md
meal for the six months, and in addition one
quarter of ton OF bran for each COW, or this
Che cattle and horses will require not less
than two tons OF hay, or its equivalent, dur
ug the year.
Ii is impossible 20 state definitely
the extent of the winter dairying. but it is
large and constantly increasing, and If We es
innate the number OF milch cows fed with
grain at 500O0,O00, We shall probably not over
estimate the quantity OF food used.
The horses used by the dairy farmers viii re.
0uire daily ration of al least six quarts OF
corn or oats during the year.
ON this basis the cattle and horses will con
. 1888 200 tons of hay. Si,37O,OcO bushels O
corn meal, and 81, 10000 bushels OF oat meal
10000 tons OF bran, $1,000 900 bushels OF corn
and $1,000 QUO bushels of oats, or this equivalent
OF food in some other form annually.
The annual value of feed is estimated as fol
lows: 2S.3S3200 tons of hay, valued at 81 PEI
ton, sl9S,6S2 400: Si370,0O0 bushels corn meal, a.
40 cents per bushel s33 74S 900: S4.S500C0 bushels
oatmeal at % cents per bushel, $50 525 eco; l.25O
008 tons bran, at sl2 per ton, $4,000 OOO: 30OOU
bushels corn, at 80 cents per buSnel, Sl0 $40 600
3DuO0,OO0 bushels oats, at 80 cents per bushel
S9G00IOJ; pastuTage of l3,nO0O0O cows SIX
months at "a each. s52O00,U00. Total annua
value on feed, S3IS. ASS, 400.
TO this amount should be added the labor o
$4,000 men at go per month, including boarC
and washing. Sl56O00,0t0; making the tOta
annual value OF food and labor 1904 4j9. 49
(which is equal to an average OF 81 81 per csw)
Our next point is to ascertain the value o
the milk produced annually in the Cnitet
States.
In making the estimate of the value of mi II
We adopt the system followed in valuing th'
wheat, corn. cotton or hay crops. tO-wit: by
the price OF those commodities in our com
merciaI markets.
We have no exact data to guide us in esti
mating The value of milk In our commercial
cities. out presume that an average of twelve
cents per gallon would not be an Overestl
mate.
Accepting this as basis, and estimating tn
average annual product OF milk pc
COW to be 4i6 gallons, this beini
the average in sixteen Statesin lS6
(Willsrd's Dairy Husbandry, page Oll
we find that the l3,0OO,U00 mich cows produce
annually 5,79S, 00O,00O gallons of milk, which
at twelve cents per gallon amounts to $50, I6O,
COO per dnRum.
In estimating the value OF the milk annual.
produced an article of food, We ar
guided by its nutritive value 5 com pa re,
with beef.
The following analysis aud statements of tn
food value OF milk. may be found IN "Wil
and "a:
rx-crC