The Bulletin. 



27 



FINANCIAL STATEMENT. 



Lot 1—24 Steers, Fed Cotton-seed Meal and Cotton-seed Hulls. 



Cotton-seed Hulls Figured at Standard Price of $7.50 Per Ton. 



Expenditures: 

 To 24 steers, 22,058.5 pounds, @ $5.75 per cwt.. 

 " freight on above — Clyde to Statesville 



Feed eaten during preliminary period, October 15 to November S, WIS, inclusive. 



To 1,004 pounds cotton-seed meal @ $27.75 per ton. 

 " 420 pounds cotton-seed hulls @ $7.50 per ton. . 



" 6,027 pounds corn silage @ $3.50 per ton 



" 1,458 pounds rye straw @ $5.00 per ton 



Feed eaten during experimental period, November S, 1913, to February 22, 1914, inclusive. 



To 20,016 pounds cotton-seed meal @ $27.75 per ton. 

 " 58,995 pounds cotton-seed hulls @ $7.50 per ton.. 



Feed eaten after close of experiment, February 23 to 25, 1914, inclusive. 



To 112.5 pounds cotton-seed meal @ $27.75 per ton. 



" 405 pounds cotton-seed hulls @ $7.50 per ton 



" 1,620 pounds corn silage @ $3.50 per ton 



" 720 pounds crab-grass hay @ $10.00 per ton 



" 25 pounds wheat bran* @ $32.00 per ton 



" bedding material 



" 200 hours labor @ 10c. per hour 



Total expenditures. 



Receipts: 



By 24 steers, 25,540 pounds, @ $7.50 per cwt 



Total profit 



Profit per steer 



By 92.63 tons manure @ $2.50 per ton 



Total profit, including manure .• 



Average profit per steer, including manure. 



1,268.36 

 33.00 



13.93 

 1.57 



10.55 

 3.65 



277.72 

 221.23 



1.56 



1.52 



2.84 



3.60 



.40 



40.00 



20.00 



$ 1,899.93 



1,915.50 



15.57 



.64 



231.57 



247.14 



10.29 



♦Fed through error. 



