-----
25.63
SECOND YEAR.
Rent of an acre of land one year 8.00
Cutting one acre of old mint 75
Curing and hauling to distillery 1.50
Distilling 14 lbs. oil, at 25 cents 3.50
Can for oil 25
-----
14.00
THIRD YEAR.
Rent of an acre of land one year 8.00
Cutting, curing, &c. 2.25
Distilling 8 lbs. of oil, at 25 cents, and can 2.25
-----
12.50
-----
Total expenses for three years 52.13
Forty pounds of oil, at dollars 1.371/2 per pound 55.00
Deduct expenses 52.13
-----
Net profit 2.87
In the above estimate I have omitted the expense of roots, for the
reason that the crop will yield as many as are required for
planting. The price of roots is about 50 cents per square rod, and
if they are in demand, the profit of the crop will be greatly
enhanced by selling them at that, or even a lower price.
It will be readily perceived that the culture of peppermint promises
no great return of profit in sections of country where land is
valuable, and where the expense of production is nearly double what
it is in newly-settled districts. It is a fact that in Michigan, and
other Western States, the actual expense of production is about
one-half less than the above estimate, and the yield is a fourth
greater; the greater distance from market, which is usually New York
city, not being taken into account, the freight on oil being
comparatively trifling. Another consideration in favor of prairie
cultivation is, that the mint will endure for years by simply
ploughing over the surface every second year, which seems to
invigorate the
|