No. V.

Statement of the Annual Charge against, and Returns from, a 400 imperial acre Farm in Mid-Lothian—on an average of ten years previous to free trade in corn and cattle;—with a comparative statement of the Returns of Produce from the same farm under the present free-trade measures affecting agriculture. The farm alluded to is managed on the four-course shift—the whole straw, turnips, and clover being consumed on it, and an average number of stock fattened.

Rent of farm, 400 acres at 45s. per acre,£90000
Interest on sunk and floating capital,24000
Expenses of management, wages, tradesmen's accounts, extra manures, grass and clover seeds, and miscellaneous expenses,81700
Casualties in stock, and fire insurance,4000
Public and parish burdens,4000
Total yearly charge,£203700

To meet this sum there is the produce of 230 acres corn crop, 10 acres potatoes, and the profits from live stock as follows:—

100 acres oats, at 48 bushels per imperial acre,4800
Less for seed, servants' meal, and horses,2004
Leaving for sale,2796at 3s. 3d.,£45470
70 acres wheat, at 32 bushels per acre,2240
Less for seed,220
Leaving for sale,2020at 7s.,70700
30 acres barley, at 48 bushels per acre,1440
Less for seed,100
Leaving for sale,1340at 4s.,26800
30 acres beans, at 40 bushels per acre,1200
Less for seed,110
Leaving for sale,1090at 4s. 6d.,24550
Produce of 10 acres potatoes, after deducting seed, 10000
Profits from live stock fed upon 60 acres turnips and 100 acres grass, 55000
Total return, £2324120
2324120
Profit, £287120

The like quantities of disposable grain, taken at the present prices,
fetch as follows:—

2796 bushels oats, @ 2s. 4d.,£32640
2020 bushels wheat, @ 4s. 9d.,479150
1340 bushels barley, @ 3s. 0d.,20100
1090 bushels beans, @ 3s. 3d,177126
10 acres potatoes,10000
Add profits from live stock,55000
Total returns£1834116
Sum chargeable as above against the farm,£203700
20286
Leaving the farmer short, for rent, capital, and expenses of management, 20286
Total loss annually incurred, £49006

THOs. SADLER,
Notron Mains, 14th December 1849.