Grape-growing as a business is a comparatively new industry in America. It is true that the first attempts at growing this fruit were made to found an industry, but these were complete and dismal failures, and the start in growing grapes in America eventually came as a pleasing hobby. In evolving from a hobby into vineyard culture on a large scale, the business side of the industry long lagged. At present, with increasing competition, manifold uncertainties in vineyard conditions, and much unbusinesslike administration, interest in cultural operations, with which pioneers in the industry were chiefly concerned, is eclipsed by the conception that grape-growing is a highly developed commercial enterprise requiring for success careful business management. Unfortunately there is nowhere a substantial body of figures from which growers can obtain a fair conception of what the outgo and income of average vineyards in grape regions are. The value of such data to investors or to those making an effort to keep track of the finances of their business is obvious, and an attempt is made here to put the reader in possession of figures that ought to be helpful. The data given, although scant and fragmentary, show fairly accurately the cost of producing grapes, selling prices and profits in the culture of this fruit in one of the great grape regions. The New York Agricultural Experiment Station is carrying on experiments to determine the outgo and income from vineyards in the Chautauqua grape-belt. The work is not yet finished, nor could the findings be published in detail before being sent out by the Station, but F. E. Gladwin, in charge of the work, has consented to set down summaries of costs and returns taken from vineyards at Fredonia, which will serve as a guide to planters of grapes in this region at least: _First Year_ Interest on value of land @ $200 per acre $12.00 Preparation of land 8.00 Cost of vines per acre 12.00 Planting 4.00 Cultivating 6.00 ------ Total expenditure for first year $42.00 _Second Year_ Interest on value of vineyard @ $225 per acre $13.50 Cultivating, hand hoeing, etc. 9.25 Pruning 1.00 ------ Total expenditure for second year $23.75 _Third Year_