The feeding of clover or linseed meal caused greater shrink in ship- 

 ment. The cattle arrived in Chicago in good condition and were sold 

 by Alexander, Ward & (Jonover to the S. & S. Co., to whom we are 

 indebted for the figures in Table VI. 



As stated in the beginning, these cattle were not of the type and 

 quality profitably made prime, but were average cattle and yielded 

 average results. The dressing percentages were not large, however, 

 but normal for cattle of this class and grade. It will be noticed that 

 Lot I, fed corn and clover, though selling for the same price as Lot 

 2, fed corn, linseed meal, shredded stover and oat straw, dressed 

 nearly 2% higher and their carcasses were worth locts more per cwt., 

 showing that they were not only the most profitable lot for the feed- 

 er, but also for the packer. Lot 3, which made the poorest gains, 

 dressed the lowest percentage and was unprofitable not only to the 

 feeder but to the packer. There was not over sects per cwt. variation 

 in the market value of the best and poorest carcasses in Lots I and 2, 

 while in Lot 3 there was a difference of $1.50 according to G. L. 

 Franklin, Assistant Manager Beef Department of S. & S. Co. The 

 amount of caul, ruffle and gut fats were in the same order as the 

 gains and dressing percentages of the steers. 



Financial Statement. 



It is difficult to make a satisfactory financial statement of ex- 

 perimental work. Investigators fully realize this, but to make the 

 work appeal to practical feeders it is necessary to make financial 

 comparisons between rations. It must be understood that the condi- 

 tions in Indiana are so variable that a statement which would be 

 applicable to one section would be wholly misleading in another; in 

 northern Indiana the price of feeders is determined by the Chicago 

 market price and the cost of getting the steers to the feed lots. In 

 southern Indiana the price of feeders is determined by the Chicago 

 or Indianapolis price less shipping expenses. The prices of feed 

 vary greatly, as has been shown by the discussion on page 315 of this 

 bulletin. These and manv other variable factors make it impossible 

 for the feeder to apply any financial statement of experimental re- 

 sults directly to his feeding operations. The relative rate of gain, 

 feed required per cwt. gain, and finish of the cattle as brought out in 

 these different lots, should have a definite bearing on the feeder's 

 methods. 



The cattle were bought on the Chicago market as previously 

 stated, at $4 per cwt., and shipped to LaFayette, where they were held 

 17 days before going into the experiment. This was done to ex- 

 clude from the experimental weights the abnormal gains made while 

 the steers were recovering from shipment. Calculating cost of 



