14 



is increased $1.00 per head, this would amount to $150.00 during 

 his period of usefulness. It is apparent that such an increase is 

 easily possible as it would only amount to an increase of 10 cents 

 per hundred on the 1,000 pound feeder. 



In other words, an increase of $1.00 per head on the calves 

 would overbalance the difference in price between a $50.00 scrub 

 bull and $200.00 beef bull of excellent type and breeding. 



Assuming that the cost of gains and the amount of increase in 

 live weight are the same on two steers weighing 1,000 pounds, each 

 when put on feed, one of which cost $4.00 per hundred and the other 

 $5.00, the difference in price being due to breeding, the margin be- 

 tween buying and selling price necessary to break even in feeding 

 well bred steers will be smaller than in feeding common or cheaper 

 grades, as shown by the following exhibit : 



No. 11a. High grade Angus steers showing uniformity in type, quality 

 and finish. A profit to the producer and feeder. 



