HONDURAS. 



S3 



ers is small, is only a fraction of that of maintaining a herd of 

 like number in the most favored parts of the western fctates and 

 Territories'. 



A conservative estimate of the results which can be reached 

 in cattle growing on this grant is presented in the subjoined table. 

 In this calculation it is assumed that of a herd of cows 60 per 

 cent, will each year produce young that will reach marketable age 

 and condition, that half of the bulls born in the herd will be sold 

 when three years old, and the money received for them will be 

 paid for cows to add to the herd. In ten years, 1,000 cows, 

 their offspring and the cows bought with the money received for 

 the bulls would produce as below : 



Assuming that the bulls not sold to pay for cows will be used 

 for breeding, or sold to pay expenses of the herd, the account 

 should stand as shown below, at the end of the first ten years. 



1,000 superannuated cows, original herd, at $10 $ 10,000 



7,146 breeding cows, mostly grades, average value say $25 178,650 



2,772 grade two-year-old bulls and heifers, at $25 < 9,300 



3,620 high grade yearling bulls and heifers, at $20 72,400 



4,888 high grade calves, at $15 73,320 



Total $413,670 



