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ply the resulting manure to the soil. When this is done, from 80 to 90% of the fertilizing material of the meal is recovered in the manure, only 10 to 20% being converted by the animal into meat and milk. The profit derived from the 20% thus removed is a very large one. These facts indicate that we have here an agricultural product the market price of which is still far below its value as compared, on the basis of its chemical composition, either with other feeding stuffs or with other fertilizers. Though it is probably destined to be used even more extensively as a fertilizer before the demand for it as a feeding stuff becomes equal to the supply, practically all the cotton seed meal of the south will ultimately be used for feeding. One explanation of this condition of things is that there is still a large surplus of cotton seed which cannot be manufactured by the mills. Another reason is found in the absence of cattle in the south to eat it. With the consideration of cotton seed oil and meal we have not, however, exhausted its possibilities. Cotton seed hulls constitute about half the weight of the ginned seed. After the seed of Upland cotton has been passed through a fine gin, which takes off the short lint or linters left upon it by the farmer, it is passed through what is called a sheller, consisting of a revolving cylinder, armed with numerous knives, which cut the seed in two and force the kernels or meats from the shells. The shells and kernels are then separated in a winnowing machine. This removal of the shell makes a great difference in the oilcake, as the decorticated cake is more nutritious than the undecorticated. For a long time these shells or hulls, as they are called, were burned at oil mills for fuel, 2-1/2 tons being held equal to a cord of wood, and 4-1/3 tons to a ton of coal. The hulls thus burned produced an ash containing an average of 9% of phosphoric acid and 24% of potash--a very valuable fertilizer in itself, and one eagerly sought by growers of tobacco and vegetables. It was not long, however, before the stock-feeder in the South found that cotton seed hulls were an excellent substitute for hay. They are used on a very large scale in the vicinity of oil mills in southern cities like Memphis, New Orleans, Houston, and Little Rock, from 500 to 5000 cattle being often collected in a single yard for this purpose. No other feed is required, the only provision necessary being an adequate supply o
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