FACTOES IN SELECTION OF FEEDING SHEEP 25 



purpose, since many feeders use rations which approximate 

 the one used in this case. 



: " The table shows prices at which the lambs in Lot 1 

 would have to sell at home to pay for the original cost of 

 the lambs and the feed consumed during the experiment, 

 with feeder lambs at prices ranging from $3.00 to $7.50 

 per hundredweight at home, and with hay and corn prices 

 in the combinations given in the two top lines of the table. 



"The figures underlined are those that show instances 

 where the selling price may be less than the purchase price, 

 under the conditions named. 



" The following brief computation presents the method 

 by which the table was prepared (feeder lambs at $3.00 per 

 hundredweight, hay $6.00 per ton, corn $0.45 per bushel) : 



Cost of 67.5 pounds feeder lambs at $3.00 per hundredweight $2.02 

 Cost of food (155 pounds hay, 123.75 pounds corn) fed to 



produce 30.75 pounds' gain 1.46 



Cost of 98.25 pounds fat lamb 3.48 



Selling price per hundredweight necessary to pay for feeder 



lamb and food consumed 3.546 



Advance per hundredweight required to prevent loss . . .546 " 



