the farmer has to buy,
cotton seed possesses, therefore, a distinct value.

The products of cotton seed have become important elements in the
national industry of the United States. The main product is the refined
oil, which is used for a great number of purposes, such as a substitute
for olive oil, mixed with beef products for preparation of compound
lard, which is estimated to consume one-third of cotton seed oil
produced in the States. The poorer grades are employed in the
manufacture of soap, candles and phonograph records. Miners' lamp oil
consists of the bleached oil mixed with kerosene. Cotton seed cake or
meal (the residue after the oil is extracted) is one of the most
valuable of feeding stuffs, as the following simple comparison between
it and oats and corn will show:--

+-----------------+----------+--------------+-------+-----------+
| | Proteins |Carbohydrates | |Ash or Bone|
|Average Analyses.| or Flesh | or Fuel and | Fats. | Makers. |
| | Formers. |Fat Suppliers.| | |
+-----------------+----------+--------------+-------+-----------+
|Cotton seed meal | 43.26 | 22.31 | 13.45 | 7.02 |
|Corn | 10.5 | 70.0 | 5.5 | 1.02 |
|Oats | 17.0 | 65.0 | 8.0 | 1.2 |
+-----------------+----------+--------------+-------+-----------+

Cotton seed meal, though poor in carbohydrates, the fat- and
energy-supplying ingredients, is exceedingly rich in protein, the nerve-
and muscle-feeding ingredients. But it still contains a large amount of
oil, which forms animal fat and heat, and thus makes up for part of its
deficiency in carbohydrates. The meal, in fact, is so rich in protein
that it is best utilized as a food for animals when mixed with some
coarse fodder, thus furnishing a more evenly-balanced ration. In
comparative valuations of feeding stuffs it has been found that cotton
seed meal exceeds corn meal by 62%, wheat by 67%, and raw cotton seed by
26%. Cotton seed meal, in the absence of sufficient stock to consume it,
is also used extensively as a fertilizer, and for this purpose it is
worth, determining the price on the same basis as used above for the
seed, from $19 to $20 per ton. But it has seldom reached this price,
except in some of the northern states, where it is used for feeding
purposes. A more rational proceeding would be to feed the meal to
animals and ap