59 



Lot E. Pasture plus cottonseed: 



To 25 steers, 16328 lbs. at $2.95 per cwt. $481.68 

 To pasture at 50c a month per steer . 68.75 

 To 17265 lbs. of cottonseed at $14.00 



per ton 120 . 85 



To freight, commission, feed and yardage 90.50 



Total expenditures $761,78 



By 25 steers, 22858 lbs. at$4.25 per cwt. $971.46 



Total profit on lot $209 . 68 



Profit per steer 8.39 



It should be noted that the total profits shown above are 

 based on estimates after pasture rent, freight, commissions^ 

 feed and yardage are taken from the total sales. 



In 1908 it cost $3.85 per head to get the steers to the New 

 Orleans market and in 11)01) the expense was $3.62 per 

 head. These cattle were shipped from western Alabama to 

 New Orleans, a distance of about 500 miles; many farmers 

 in the South are not required to ship their cattle this 

 distance. 



In 1908 the greatest profits were realized upon Lot B, 

 the lot which received cottonseed cake in addition to the 

 pasture; in this lot a net profit of |10.42 per steer was 

 made. Lot C, the "Caddo" fed lot, returned a net profit of 

 $6.62 per steer. The pasture lot, Lot A, made a profit of 

 only $2.86 per steer. It paid to feed the cattle some feed in 

 addition to the pasture, because when they were offered for 

 sale those steers which had been fed the concentrated feeds 

 were in much better condition than those that received 

 pasture only, and consequently sold for more money per 

 hundred weight. The grass cattle sold for $3.66 per hundred 

 weight, the cottonseed cake cattle for $4.53 per hundred 

 weight, and the "Caddo" cattle for $4.35 per hundred 

 weight. The above represent the New Orleans prices. 

 It cost about 60 cents per hundred weight, including 

 shrinkage, to ship the steers to New Orleans. 



