28 



The Bulletin. 



FINANCL^L STATEMENT. 

 Lot 2 — ^24 Steers, Fed Cotton-seed Meal and Corn Silage. 



Valuation of Corn Silage 

 Per Ton. 



Corn Silage Valued at Various Prices Per Ton. 



$3.00. 



Expenditures : 



To 24 steers, 22,091.5 pounds, @ $5.75 percwt $1,270.26 



" freight on above— Clyde to Statesville 33.00 



Feed eaten during preliminary period, I 



October 15 to November 2, 1913, inclusive. I 



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. , 



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



13.93 

 1.57 

 9.04 

 3.65 



Feed eaten during experimental period, 

 November 3, 1913, to February 22, 1914, inclusive. 



To 20,016 pounds cotton-seed meal i 

 " 114,120 pounds corn silage 



$27.75 per ton ' 277.72 



171.18 



To 



Feed eaten after close of experiment, 

 February 23 to 25, 1914, inclusive. 



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



405 pounds cotton-seed hulls @ $7.50 per ton 



1,620 pounds corn silage 



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 



1.56 



1.52 



2.43 



3.60 



.40 



40.00 



20.00 



$3.50. 



$1,270.26 

 33.00 



13.93 

 1.57 



10.55 

 3.65 



277.72 

 199.71 



1.56 



1.52 



2.84 



3.60 



.40 



40.00 



20.00 



$4.00. 



$ 1,270.26 

 33.00 



13.93 

 1.57 



12.05 

 3.65 



277.72 

 228.24 



1.56 

 1.52 

 3.24 



3.60 



.40 



40.00 



20.00 



Total expenditures $1,849.86 $1,880.31 $ 1,910.74 



Receipts: 



By 24 steers, 25,580 pounds, @ $7.70 percwt 1,969.66 



Total profit 119.80 



Profit per steer 4.99 



By 92.63 tons manure (& $2.50 per ton... 231.57 



Total profit, including manure 351.37 



Average profit per steer, including manure 14.64 



Average Profit on 48 Steers. 



Total profit 135.37 



Average profit per steer . ' 2.82 



Total profit, including manure 598.51 



Average profit per steer, including manure ! 12.47 



1,969.66 



89.35 



3.72 



231.57 



320.92 



13.37 



104.92 



2.19 



568.06 



11.84 



1,969.66 



58.92 



2.45 



231.57 



290.49 



12.10 



74.49 



1.55 



537.63 



11.20 



*Fed through error. 



