172
PROFITS OF FARMING.
| Fifty acres of wheat at the rate of 21 bushels to the acre, will yield 1050 bushels. The expense of sending the wheat to Sydney, I will assume to be ninepence per bushel, which must be deducted from the price I have taken, viz. 3s. 4d. per bushel, leaving 2s. 7d. 1050 bushels at this price will be | 135 12 6 |
| Fifty acres in maize, at the rate of 50 bushels to the acre, will yield 2500 bushels. The expense of sending maize to Sydney, I will suppose to be ninepence per bushel, which must be deducted from the price I have assumed, viz. 1s. 9d. per bushel, leaving 1s. per bushel. 2500 bushels, at one shilling will be | 125 0 0 |
| Swede turnips, cabbages, potatoes, &c. | 40 0 0 |
| £ | 300 0 0 |
| Deduct annual expenses | 200 0 0 |
| £ | 100 12 6 |
The capital invested in the farm, agricultural implements, furniture, &c. having been £600. and the expenses of wages, &c. having been £200. the farmer would require a capital of £800. for a farm such as I have described. According to my calculation he would only realize thirteen per cent, on his £800.; but as I have included among the yearly expenses, the wages and rations for a house-servant, and supplies sufficient for a large family, something more ought to be added to obtain the real gain.
I therefore think that under all circumstances, an emigrant who selects a farm with the qualifications I have stipulated for, cannot fail of doing well, since even if wheat should fall as low as 3s. 4d. per
