CHAPTER XII. THE VALUATION OF MANURES.

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The determination of the value of a manure is in many respects a commercial rather than a chemical question, but as it must be founded on the analysis, and presents some peculiarities dependent on the complicated nature of the substances to be valued, it has fallen to some extent into the hands of the chemist. The principle on which the value of any commercial sample is estimated is very simple. It is only necessary to know the price of the pure article, and that of the particular sample to be valued is obtained by making a deduction from this price proportionate to the per centage of impurities shewn by the analysis. Thus, for example, if pure sulphate of ammonia sells at £16 per ton, a sample containing 10 per cent of impurities ought to be purchased for £14: 8s., and so on for any other quantity. This system which answers perfectly with sulphate of ammonia, nitrate of soda, or any other substance whose value depends on one individual element, is inapplicable in the case of complex manures, such as guano and the like, in which several factors combine to make up the value. In such cases, manures of very different composition may have the same value, the deficiency in one particular element being counterbalanced by the excess of another. Hence it becomes necessary to obtain an estimate of the value of each factor, from which that not only of one particular substance, but of every possible mixture may be determined.

When we come to inquire minutely into this question, it appears that the commercial value of any substance is not estimated solely by considerations of composition, but is dependent to a great extent on questions of demand and supply, and applicability to particular purposes. Thus coprolites containing from 55 to 60 per cent of phosphates sell at about £2: 12s. per ton, while bone-ash containing the same quantity of that ingredient brings about twice as much; in other words, phosphates are nearly twice as valuable in bone-ash as in coprolites, and as a phosphatic guano their price is generally still higher; and the reason for this is obvious, in bones and guano the phosphates are in a high state of division, in which they are easily attacked and disintegrated by the carbonic acid of the soil, and rendered available to plants; while in coprolites they are in a hard and compact form, and are of little use unless they have previously undergone an expensive preparation. In the same way, if the market price of different kinds of guano be inquired into, very great differences are found to exist in the rate at which phosphates are sold, and this is attributable in part to the fact that the price at which any article is charged commercially, is such as to cover the prime cost, expense of freight, and other charges, and to leave a profit to the importer; and partly, also, no doubt, to the carelessness with which manures are often purchased, and to the want of careful field experiments in which the effects produced by them are properly compared. It will be readily understood that the state of division of any substance, the readiness with which its constituents can be rendered available to the plants, care of application, and many other circumstances must influence its price; but making due allowance for these, differences are met with which appear to some extent to be merely the result of caprice. It is easy to understand why bone-ash should sell at double the price of coprolites, but no good reason can be shewn why the phosphates in one kind of guano should be sold at a much higher price than another, and the difference would probably disappear if greater attention were paid to the results of field experiments.

However great and inexplicable these differences may be, it is not the business of the valuator of a manure to discuss them. On the contrary, he is bound to accept them as the basis of his calculation, and to endeavour to deduce from them a proper system of estimation for each substance. Strictly speaking, each individual manure ought to be valued according to a plan special to itself, and deduced from its own standard market price; but it is obvious that this would lead to innumerable complications and defeat its own ends, and hence an attempt has been made to contrive a general system suited to all manures, and which, though not absolutely correct, is a sufficient approximation for all practical purposes, and a tolerably accurate guide to the determination of their relative values.

The constituents of a manure which are of actual value are ammonia, insoluble phosphates, biphosphate of lime (soluble phosphates), sulphate of lime, nitric acid (as nitrate of soda), potash, soda, and organic matter. These substances differ greatly in value. Ammonia and phosphates, soluble and insoluble, are costly; and by far the larger part of the value of all guanos, and the common manufactured manures, depends on them. Nitric acid and potash are also very valuable substances, but as they are rarely found in manufactured manures, and never in sufficient quantity to exert any material influence in their price, it is not usual to take them into consideration except in particular cases. The alkali which commonly exists in artificial manures is soda, and when alkaline salts appear in any analysis, they must be assumed to consist almost entirely of that substance generally in the form of common salt, and be valued accordingly. Sulphate of lime and organic matter though abundant constituents of most manures, add but little to their value, and it is a moot point whether they ought to be taken into consideration, although most persons allow a small value for them. Carbonate of lime, sand, or siliceous matter, and water, of course, are altogether worthless.

In order to obtain the value of a manure containing several of these substances, it is necessary to ascertain the average commercial price of each individually. This is easily done when they are met with in commerce separately, or at least mixed only with worthless substances, but some of them are only found in complex mixtures, and in these cases it is necessary to arrive at a result by an indirect process, according to methods which will be immediately explained. The question to be solved is the price actually paid for a ton of each substance in a pure state, and we shall proceed to consider them in succession.

Insoluble Phosphates.—These are purchased alone, chiefly in the form of coprolites and bone-ash, or the spent animal charcoal of the sugar refiners. Ground coprolites, containing about 58 per cent of phosphates, sell at £2: 12s. per ton, which is at the rate of £4: 8s. for pure phosphates. Bone-ash varies considerably in price, but of late samples containing 70 per cent of phosphates have sold as low as £4: 10s. per ton, and consequently pure phosphates in this form are worth £6: 8s. per ton. Although these are the only forms in which phosphates are purchased alone, it is possible to determine the price at which they are sold in bones and phosphatic guanos, by first deducting the value of the ammonia they contain, and assuming the remainder to represent the price paid for the phosphates. In this way we find the following values for insoluble phosphates:—

It is to be observed that these are actual prices, and they are liable to fluctuate with the state of the market, although they are pretty fair averages. It is important to notice how much they vary in the different forms; the farmer who buys a phosphatic guano paying for phosphates a much higher price than he could have obtained those for in other substances—a difference which must be attributed to the high state of division in which they exist in the guano. We do not here enter upon the question how far this difference in price is justified; we are content with the fact that it exists, and we are compelled to estimate the value of phosphates in a phosphatic guano at the price given above, although in Peruvian guano they are sold at a lower rate. For all other manures, of which bones and bone-ash form the basis, £7 may be taken as a fair price, and it is that usually adopted, though £8 and £10 have sometimes been assumed as the average.

Ammonia is met with in commerce as muriate and sulphate of ammonia. The former, owing to its high price, is practically excluded from use as a manure; the latter sells at present at from £15 to £15: 10s. per ton, and, making allowance for the usual amount of impurity (5 or 6 per cent), the actual ammonia is worth about £63 per ton. Calculating from other substances it appears that ammonia is worth, per ton, in—

Sulphate of ammonia £63 0 0
Bones 61 0 0
Peruvian guano 57 0 0

the average being £60, which is the price usually adopted.

Sulphate of Lime and Alkaline Salts (consisting chiefly of soda) are generally estimated at £l per ton; and potash in those cases, in which it is necessary to take it into account, is usually valued at from £20 to £30 per ton, the former being its value in kelp, the form in which it can be most cheaply purchased.

Nitrate of Soda is usually sold at from £15 to £15: 10s. per ton, and, making allowance for impurities, £16 may be taken as the value of the pure salt.

Biphosphate of Lime, Soluble Phosphates.—Considerable difficulty is experienced in estimating the value of these substances, because they are not met with in commerce alone, or in any form except that of superphosphate, and the prices at which they are sold in different samples of that manure differ excessively. The only course by which any result can be obtained, is to determine the average price of a good superphosphate, and putting the values already ascertained on all the other constituents to reckon the difference between that sum and the market price as the value of soluble phosphates. Throwing out, as inferior, all samples containing less than 10 per cent of soluble phosphates, and taking the good only, I find that the average composition of the phosphates in the market during the present year has been—

Water 10·71
Organic matter 9·33
Biphosphate of lime equivalent to 19·43 "soluble phosphates" 12·45
Insoluble phosphates 14·78
Sulphate of lime 45·24
Alkaline salts 2·11
Sand 5·38
———
100·00
Ammonia 1·71

It is more difficult to fix the average price of superphosphate, as in many cases no information could be obtained on this point; but among those analyzed were samples at all prices, from £7 up to £10: 10s. per ton, so that on the whole, £8 may be assumed as an average, and in that case soluble phosphates are worth £27: 19s. per ton. Had the inferior samples been included, the price would have been higher, and in fact the rate at which soluble phosphates have been commonly estimated is £30 per ton, or £46: 16s. for biphosphate of lime, although sometimes the former have been reckoned as low as £25, with a corresponding rate for the latter. It is important that biphosphate of lime and soluble phosphates should not be confounded with one another in valuing a manure, the latter having one and a half times the value of the former.

As manures are liable to considerable fluctuations in price, the value attached to each of their constituents ought to be varied with the state of the market; but it is obviously impossible for the farmer to watch the changes in price with such minuteness as to enable him to do this, and it is much more convenient, as well as safer, to adopt a fixed average, which can be used with reasonable accuracy at all times. The fact is, that this system of valuation is only an approximation to the truth; and if absolute accuracy were aimed at, it would be necessary to vary the estimates, not only at different times, but at different localities at the same time, and to some extent also according to the kind of manure. The price of soluble phosphates more especially, fluctuates to a great extent, being practically fixed by each manufacturer according to the facilities which his position or command of raw material offer for producing them at a low rate. We thus find that when made from bones alone, the cost of that substance is not unfrequently as high as £40 per ton, and when bone-ash alone is used it is sometimes as low as £20. Such extreme differences, of course, cannot be taken into account in the system of valuation adopted, where all that can be done is to take average values, which, when applied to average samples, ought to bring out their value.

The data which have already been given regarding the price of the individual constituents of manures can be applied to the determination of the value of any mixture in two different ways by means of the subjoined table:

Price per Ton. Per cent per Ton.
Ammonia £60 0 0 £0 12 0
Insoluble phosphates 7 0 0 0 1 5
Do. in phosphatic guanos 10 0 0 0 2 0
Soluble phosphates 30 0 0 0 6 0
Biphosphate of lime 46 16 0 0 9 4-1/2
Alkaline salts 1 0 0 0 0 2-4/10
Sulphate of lime 1 0 0 0 0 2-4/10
Potash 20 0 0 0 4 0
Nitrate of soda 16 0 0 0 3 2-1/2
Organic matter 0 10 0 0 0 1-1/4

Supposing it be desired to calculate the value of a manure by the first column, it is obvious that if we suppose 100 tons to be purchased, the per centages of the different constituents shewn in the analysis will give the number of tons of each contained in 100 tons of the mixture, and, selecting the analysis of the superphosphate given in a previous page, we proceed in the calculation as follows:—

14·11 tons of organic matter at 10s. £7 0 0
14·86 " soluble phosphates at £30 446 0 0
15·13 " insoluble phosphates at £7 105 0 0
39·43 " sulphate of lime at £1 39 0 0
3·82 " alkaline salts at £1 4 0 0
2·10 " ammonia at £60 126 0 0
—————
Value of 100 tons £727 0 0
or £7 : 5s. per ton.

According to the second column, the numbers give the sum by which the per centages of each ingredient must be multiplied, to give its value in a ton of manure, and it is used for the same manure in the following manner:—

14·11 organic matter, multiplied by 1-1/4d. £0 1 5
14·88 soluble phosphates " 6s. 4 9 2
15·13 insoluble phosphates " 1s. 5d. 1 1 4
39·43 sulphate of lime " 2-4/10d. 0 8 10
3·82 alkaline salts " 2-4/10d. 0 0 9
2·10 ammonia " 12s. 1 5 3
————
Value per ton £7 6 9

The difference is due to the less minute calculation of fractional quantities in the latter case.

The calculation of the value of any other manure is effected in exactly the same manner, taking care, however, to use the higher value for phosphates in the case of a phosphatic guano. It will be obvious to every one who tries the two methods that the first greatly exceeds the second in convenience and simplicity in the calculations, and it is that most commonly in use, although some persons prefer the second.

Although the data just given must always form the basis of the valuation of any manure, there are a variety of other circumstances which must be taken into account, and which give great scope for the judgment and experience of the valuator. Of these the most important is the proper admixture of the ingredients, and the condition of the manure as regards dryness, complete reduction to the pulverulent state, and the like. A certain allowance ought always to be made for careful manufacture; and, on the other hand, where the manure is damp or ill reduced, a small deduction (the amount of which must be decided by the experience of the valuator) ought to be made on account of the risk which the farmer runs of loss from unequal distribution, and the extra cost of carriage of an unnecessary quantity of water.

It is also necessary to take into account the particular element required by the soil. Thus, a farmer who finds his soil wants phosphates, will look to the manure containing the largest quantity of that substance, and possibly not requiring ammonia, will not care to estimate at its full value any quantity of that substance which he may be compelled to take along with the former, but will look only to the source from which he can obtain it most cheaply. It may be well, therefore, to point out that ammonia is most cheaply purchased in Peruvian guano; insoluble phosphates in coprolites; and soluble phosphates in superphosphates, made from bone-ash alone. In general, however, it will be found most advantageous to select manures in which the constituents are properly adjusted to one another, so that neither ammonia, soluble nor insoluble phosphates, preponderate; but, of course, it must frequently happen that it will prove more economical to buy the substances separately and to make the mixture, than to take the manure in which they are ready mixed.

In judging of the value of any manure, it is also important to make sure that the analysis which forms the basis of the calculation is that of a fair sample, which correctly represents the bulk actually delivered to the purchaser, and not one which has been made to do duty for an unlimited quantity of manure, which is supposed to be all of equal quality, as often happens in the hands of careless manufacturers, and too great attention cannot be devoted to the selection of the sample, which is very often done in an exceedingly slovenly manner.


                                                                                                                                                                                                                                                                                                           

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