101 



third place, the old cotton and corn fields can be mad.^ 

 to be exceedingly profitable when fenced; both the young 

 and old animals can be turned on these fields and 

 oflentinies secure one-half of their winter feed from 

 them. This third method is a permanent one and will 

 be iiiln»(liir'('d more and more as our farming conditions 

 change. 



I INA.NCIAL STATEMEXT OF LOTS X AND Y. 



Lot X — Cottonseed cake and pasture: 



To 28 steers, 16,011 lbs. at $2.19 per cwt. $350.64 



To 14,493 lbs. cottonseed cake at $26.00 a 



ton 188.41 



To pasture, 4 % months at 50 cents a 



month 66.50 



605.55 

 By sale 28 steers, 20,665 lbs. at $3.87i/2 per 



cwt $800.77 



Total ])rofit 195.22 



Profit ])f'r steer 6.97 



Lot Y — Pasture alone : 



To 15 steers, 8,697 lbs. at $2.25 per cwt. . . 195.68 



To pasture, 4% months at 50 cents a 



month 35.63 



231.31 

 By sale 15 steers, 11,008 lbs. at $3.60 per 



cwt $396.29" 



Total profit 164.98 



Profit per steer 11.00 



These steers were sold on the farm with a 3 per cent 

 shrink. Those in Lot X sold for $3.87^^ per hundred- 

 weight, and those in Lot Y for $3.60. Exceedingly sat- 

 isfactory profits were made on these cattle, $6.97 clear- 

 profit being made on each steer in Lot X, w^hile eacb. 

 animal in Lot Y returned a profit of $11.00 



