Daily capital journal. (Salem, Oregon) 1903-1919, 1911-11-14

Many farmers in their dairy herds have COWS which do not
pay for what they eat The farmer does not realize it. be-
cause he does not test the milk order that he may know of
certainty which cow does pay There are also farmers
who can tell you all about their cows but who cannot tell
you whether they are making or losing money on their 9TH
e farm products This, then is the point at which SCient
tic Management comes inl or possibly better term would
be Business Management We want to say however, that
we do on large scale what may not always be practicable
on small scale, because the comparative cost on small
scale is greater than on large One although if one works
out SySem 10 TO 10 minutes day ought to keep the rec
odS Any man who expects an expanding business can a
ford that much tlm6r
We know to certainty our cost of operations, as we'll as
incomes on our different products For Illustration ON all our
farms, the milk cream and butter used on the table is
charged TO the board account and dairy products account
credited, Likewise all vegetables from the garden poultry
products etc., are charged to the board account and prop
e Cfed therefor made in the various accounts Up to OC
to0er S Of this season. the average cost per meal on one
tam was 1885, and ON two others 6C This may seem high
to this who do their own work. but figure your own tme or
nre COOK and see you can beat it. We also keep an aC
Curae record OF what fed to the livestock as we'll as in
COME his carried on to include cost of production of the
d11Gfent arm crops and income thereom, In other words,
we have as complete cost system as any factory The paC
lCa value is hard to estimate because affects the dV-
oendS OF the stockholders as we'll as the salaries of the man.
ayers and aboerS affects dividends tohe stockholders
because we know just about what our costs and Weld should
BE- II managers costs are hgh we tell him he has got to
reduCe them or lose the job This saves money for the
0loCNOu6IS Un tn6 0thef hand It helps the manager be-
cause his salary based ON the average cost of farm work.
his costs 60 below that average we give him fair popo-
ton Of the savng thus increasing his profit as we'll as the
StoCkh0d9rS You will also see how accounting saves mon
y on the board account cook knows job will not last
the meal costs are too hgh he is naturally not so waste
1u On the other hand helps the cook because if he can
put up good meals and save us money over the average cook
we pay him more salary,
he foregoing Illustrations are simple, but explain to you
how our Scientific Business System extends OF the smallest
deta OF the business They also Illustrate how the system
puts puts premium on ability, and thorough work. by sharing
WIN the aboerS some of the profit acCured to us by his
SKILL It brings to us the very best IaborerS,
he cost SySetm carried out on our large farms are car
red out in our orchard work. We know the cost Of the work
on each tract Not only that our commercial orchards
record will be kept Of the yield Of each tree Trees have in
dNdua characteristics the same as cows so if we find
some that are not returning the yields we naturally expect
we W either put new ones in their place or graft in new pro-
ductVe branches by using CRAFTS from our most profitable
trees tree We Know how to get the maximum yields and profits