301 



at five cents per pound would amount to $86.50, making a profit 

 on the hogs due to the waste in steer feeding, of $62.74 which 

 should be given credit on the feed bill of the steers. 



The cattle were sold after winning a first prize of $100.00 

 in the two year old class and chaimpionship over all "short fed" 

 classes, at $6.45 per hundred which would amount to practically 

 $6.00 per hundred in the feed lots at the Station, on November 

 26, when the final weights were taken. The cost of feeds was 

 $439.85, the returns from the hogs, $62.74 and from the cattle 

 $1547.10. This leaves a net value of $6.05 per hundred for the 

 steers or $64.99 P er head when the experiment started without 

 considering the $100.00 won as prize money. This is a remark- 

 able financial showing under the conditions prevailing during the 

 fall of 1907, as the values of fat cattle declined from $1.00 to $1.50 

 per hundred between August i, when the cattle were purchased, 

 and December 2, when they were sold. 



The finish attained by these steers can be judged by their 

 selling price in Chicago. The price received, $6.45 per hundred, 

 was $1.55 per hundred lower than the price of the grand champion 

 load in the show, 70 cents higher than the next best load of "short 

 fed" cattle, and slightly above the average for all car toad lots 

 of Herefords in the show. 



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