Some small items, such as rations, milk-room, tinware, &c., have not been included in the estimate. If the fencing were erected personally, the cost would be materially reduced. If the settler built his own house, it would cost him little more than his own labour and the iron for the roof. Many beginners put up cheap sapling yards for a start, and at a nominal cost. This would materially reduce this estimate. The Average Herd. The average herd is about thirty head, but many farmers milk from 80 to 150 cows daily. The number of cows that could be kept on an average farm of, say, 160 acres depends entirely on the land, and the amount of cultivation or area under artificial grasses. From thirty to eighty head would be about a fair estimate that good land would carry. One dairy farmer in the West Moreton, who landed in Queensland twenty-five years ago with $0.36 in his pocket, now has 160 acres of freehold, of which he cultivates 50 acres for feed for his cows and pigs. He began by working for his neighbours for the first few years, and thus gained both cash and experience. He now milks thirty to fifty cows the whole year round, and he makes from $720.00 to $864.00 a year from his pigs. His income from all sources is from $1920.00 to $2400.00 per annum. Six or seven years ago he paid $5280.00 for the place, but to-day he would not take $14,400.00 for it, and there is not a penny of debt on the property. [Illustration: An up-to-date Milking Shed.] Grasses. The natural grasses of Queensland are sufficient in ordinary seasons during the summer months for the dairy stock, but no farmer can successfully carry on dairy operations in dry times, or in winter, by means of the grass alone. He requires to supplement the grass by growing fodder for the winter months. Splendid results have been obtained by sowing artificial grasses, such as Paspalum dilatatum, Rhodes, Prairie, Guinea, and Giant Couch grasses. Winter Feed. Barley, lucerne, wheat, rye, sorghum, &c., can be grown for winter feed. On land which will grow lucerne, a certain supply of fodder can be conserved. Lucerne (or alfalfa, as it is called in America), once planted, will last from five to ten years. The butter factories were first started by proprietary companies, and their cream depots were scattered all over the farming districts. Competition was exceedingly keen, and in some of the townships there were four or five rival cream depots, all endeavouring to get the biggest shares of the cream. [Illustration: Jersey Cows.] Of late, a number of co-operative factories run by the farmers have started, and proved very successful, enabling their shareholders to get a higher price for their cream than hitherto. They are admirably managed, are essentially popular institutions, and have done splendid work. The farmers establish, manage, and work them, and the profits, instead of going into the pockets of the middlemen, are distributed among the shareholders.