No. VI.

Valuation of Produce, and Expense of Management of a Farm of 320 Scots acres, situated within five miles of Edinburgh, on an average of seven years previous to potato failure in 1846, and farmed according to the four-shift rotation, the straw being sold in Edinburgh, and dung bought. The produce is a fair average of the best-managed farms within five miles of Edinburgh, during the period from which the average is taken. The prices noted are what were realised, being about 3s. 6d. per qr. above the average prices of the county, and the expense of management charged is what was actually paid.

Acres. £s.d.
50Potatoes, at £17 per acre,85000
30Turnip, at £16 per do.,48000
50Wheat, 5 qrs. per acre, at 58s. per qr.,725 0 0
30Barley, 7 do. do., at 34s. do.,35700
50Pasture, let at £4 per Scots acre,20000
30Hay, at £7 per do.,21000
80Oats, 712 qrs. per acre, at 26s. per qr.,78000
320
Produce of straw sold,45000
Manure made on the farm from horses, &c.,8000
Value of produce,413200
Expense of management,4025176
Profit,£10626

[We ought, perhaps, to explain that this case is peculiar. It is that of a first-class farm in the neighbourhood of Edinburgh, attested by men of the same standing as its tenant, and similarly situated; the average of the produce is very high, and the rent corresponding. Mr Gibson, the tenant farmer, has taken the details of the following statement from his books; so that it becomes of much value, as showing the statistics of farming in the immediate vicinity of the metropolis of Scotland. In estimating the productiveness of this farm by the extent of the yield, our English readers must bear in mind, that it is divided by the Scots and not the imperial acre as in the other estimates, the former being one-fifth larger. It will be allowed, on all hands, that the yield of this farm is extraordinary.]

Acres. £s.d.
S
e50Potatoes, at £2 per Scots acre,10000
e30Turnip, at 4s. per do,600
d50Wheat, 23 qrs. at 60s.,6900
30Barley, 14 qrs. at 35s., 24100
f50Pasture, at 17s. per acre,42100
o30Hay, at 15s. per do.,22100
r80Oats, at 40 qrs. at 28s.,5600
320
50 acres potatoes, 34 tons per acre, horse and cow manure driven from Edinburgh, at 6s. per ton,51000
30 acres turnip, 30 tons do., at 4s. per ton,18000
Keep of 15 horses, at £28 per annum,42000
Do. of 1 riding horse, do.,2800
Wages of farm overseer, per annum,3200
Do. 8 ploughmen, at £27 per do.,21600
Do. 2 labourers at 10s., and 1 boy at 5s. per week,6500
Outdoor women-workers per annum,16500
Reaping 160 acres corn crop, at 12s. per acre,9600
Wages of extra men securing crop,1300
Cutting 30 acres hay, at 3s. 9d.,5126
Cutting hedges, and keeping fences, gates, and houses in repair,1000
Smith work, per annum,3500
Carpenter work, do.,2200
Veterinary surgeon, do.,700
Saddler work, do.,1700
Millwright, engineer, mason, and slater's accounts,1000
Coals for steam-engine, and steaming and bruising horse food,1200
Annual loss on live and dead stock, from death and tear and wear,9000
Tolls, custom, and marketing expenses,2500
Insurance,600
Poor-rates and statute-labour, previous to passing of New Poor Law,30170
Assessed taxes and income tax,19180
Interest on £1500 capital, sunk in permanent improvements, at 10 per cent,15000
Interest on floating capital of £2000, at 5 per cent,10000
Rent of 320 Scots acres, at £4 10s. per acre,144000
Expense of management,£4025176

Valuation of Produce and Expenses of Management of the same Farm, for Crop 1849: as the Wheat crop is considered to be the best we have had in the district since 1835, every allowance is made for this in estimating the produce. The Oat, Barley, and Bean crops are under an average, but are charged at average quantities; the prices noted are what are being realised. In the expense of management full allowance is made in every item affected by present prices, except the seed, which is charged as paid for at seed time: had it been charged at present prices, there would fall to be deducted from expense of management a sum of £28.

Acres.
25Potatoes, supposing them to be sound, at £20,50000
35Turnips, at £14,49000
20Beans, 5 qrs. per acre, at 26s. per qr.,13000
45Wheat, 6 qrs. per acre, at 38s. per qr.51300
35Barley, 7 qrs. per acre, at 23s. per qr.,281150
50Pasture, let at £4 per acre,20000
30Hay, at £5, 10s. per acre,16500
80Oats, 712 qrs. per acre, at 18s. per qr.,54000
320
Produce of straw, sold, at present prices,40000
Manure made on the Farm,7000
Value of Produce,£3,289150
Expense of Management,3,786140
Loss,£496190
Annual Profit previous to 1846,£10626
Loss incurred by difference of price under free-trade,£60316
Acres.
S25Potatoes, at £4 per Scots acre,10000
E35Turnips, at 5s. per acre,8150
E20Beans, 1212 qrs., at 34s., per qr., price, at seed time,2150
D45Wheat, 20 qrs., at 62s., do.,6200
35Barley, 1712 qrs., at 33s., do.,28176
F50Pasture, at 14s. per acre, do.,3500
O30Hay, at 12s. do., do.,1800
R80Oats, 40 qrs., at 22s. per qr., do.,4400
320
25 acres potatoes, 30 tons per acre, horse and cow manure, driven from Edinburgh, at 5s. per ton,187100
20 acres beans, 20 tons manure per acre, at 5s. per ton,10000
35 acres turnips, 25 tons do., at 3s. 6d. per ton,15326
Guano and other extra manures applied to turnip, potato, and other crops,12500
Keep of 15 horses, at £22 per annum,33000
Keep of 1 riding horse, do.,2200
Wages of farm overseer, per annum,3000
Do. 8 ploughmen, at £25 per do.,20000
Do. 2 labourers, at 9s. each, and 1 boy 5s. per week,59160
Outdoor women workers, per annum,16500
Reaping 160 acres corn crop, at 10s. 6d. per acre,8400
Wages of extra men securing crop,1200
Cutting 30 acres hay, at 3s. per acre,4100
Cutting hedges, and keeping fences, gates, and houses in repair,1000
Smith work, per annum,3500
Carpenter's work, do.,2200
Veterinary surgeon, do.,700
Saddler work, do.,1700
Millwright, engineer, mason, and slater's accounts,1000
Coals for steam engine, and steaming and bruising horses' food,1000
Annual loss on live and dead stock, from death and tear and wear,9000
Tolls, custom, and marketing expenses,2500
Insurance,600
Poor rates and statute labour under New Poor Law,5400
Assessed taxes and income tax,19 180
Interest on £1500 capital, sunk in permanent improvements, at 10 per cent,15000
Interest on floating capital of £2000, at 5 per cent,10000
Rent of 320 acres, at £4, 10s. per acre,1,44000
Expenses of Management,£3,786140

JOHN GIBSON,
Woolmet, 18th December 1849.
{John Finnie, Swanston.
Attested by {George Watson, Libberton Mains.
{Alexander Scott, Craiglockhart.