FOURTEENTH ANNUAL YEAR BOOK— PART VI. 477 



A Member: What did you get for your calves last year per 

 pouud ? 



Mr. Brockway: The heifers brought around $8.70, and the 

 steers a little better than $9.00. I have never failed to come within 

 15 cents of the top any time, out of 575 calves shipped last year. 



Mr. Drury : I fed six loads of cattle this year — five loads of 

 steers and one load of baby beef. I put my big steers on cottonseed 

 and silage, with very little corn. I turned the first two loads of 

 cattle in May, and the next two loads in July. The first two loads 

 made me 8 cents and cost me 6 cents. My two loads in July brought 

 me 8 cents. My last load of baby beef I shipped to Chicago two 

 weeks ago and it brought me 8I/4 cents. They were kept longer, 

 and I had but little more gain than I did on the big cattle. 



Mr. Brockway: My big cattle never did as well on silage and 

 grain ration as my calves did. 



The President : This is a very interesting question, but we will 

 have to bring the discussion to a close. The next number of the 

 program will be a gentleman who will introduce a subject not an- 

 nounced, and that is the question of insuring this stock in transit. 

 There have been quite a number of inquiries in regard to that mat- 

 ter, and we took it upon ourselves to write the company and ask 

 them to send a representative to this meeting to explain the matter 

 to our members. I now introduce to you Mr. Wm. E. Brandt, 

 special agent from Chicago. 



INSURING STOCK AGAINST ACCIDENT IN SHIPPING. 



Mr. Brandt : Your president in his address made reference to 

 the recent supreme court decision in regard to the valuations in 

 these contracts. A man today shipping his stock on interstate ship- 

 ments can only recover $50 a head for a steer. The price of cattle 

 has gone up so much that values are running far in excess of this 

 amount ; so we have gotten out a form of insurance to give a man 

 extra protection which is independent of the railroad liability. We 

 will insure your steers while in transit, from the time you load 

 them to the time you unload them at the market, for $30 a head, 

 cows $20, hogs and calves $10, and sheep $3. This insurance is 

 accident insurance and covers wreck, derailment, collision, fire and 

 lightning, while on the road. The insurance only costs 50 cents a 

 single deck car and 75 cents a double deck car, no matter what 

 distance or to what market. The premium for this insurance is 



