Sheep are the most facile and fertile source of nett income on the estate. Indeed, nearly all the profit on the production of meat is realised from them. Most of those I saw were Southdowns and Hampshires, pure or crossed, with here and there a Leicester. After being well fattened, they fetch in the market about double the price paid for them as stock sheep. About 2,000, thus fattened, including lambs, are sold yearly. They probably average about 2 pounds, or $10, per head; thus amounting to the nice little sum of 4,000 pounds a year, as one of the sources of income. Perhaps it would be easier to estimate the total expenditure than the gross income of such an establishment as that of Mr. Jonas. We have aggregated the former in a lump; assuming that the whole capital invested in rent, live stock, agricultural machinery, manures, labor of man and horse, fattening material, etc., amounts to 30,000 pounds. We may extract from this aggregate several estimated items which will indicate the extent of his operations, putting the largest expenditure at the head of the list. Corn and oil-cake purchased for feeding 4,000l. Guano and manufactured manures 1,700 Labor of 100 men and boys at the average of 20l. per annum 2,000 Labor of 76 horses, including their keep, 20l. per annum 1,500 Use and wear of steam-engine and agricultural machinery 500 Commutation money to men for beer 400 ----- 10,100l.