460 



FINANCIAL STATEMENTS 



Dry lot 1907 



May 15 To 10 steers, weight 8796 Ibs. @ $5.35 per cwt. $470.58 



" 239.4 bus. shelled corn @ .50 per bu. 119.70 



" 1937 Ibs. cotton-seed meal @ 1.40 per cwt. 27.11 



" 4487 Ibs. mixed hay @ .50 per cwt. 22.43 



Total expenditures $639.82 



Aug. 15 By 10 steers, weight 10,288 Ibs. @ $6.55 per cwt. 673.86 



Total profit $ 34.04 



Profit per steer 3.40 



Price received per bushel for corn .642 



Interest on investment for three months in cattle and feed 5.3% 



Pasture 1907 



May 15 To 10 steers, weight 8800 Ibs. @ $5.35 per cwt. $470.80 



" 165.7 bus. shelled corn @ .50 per bu. 82.85 



" 1380 Ibs. cotton-seed meal @ 1.40 per cwt. 19.32 

 " pasture 10 steers 3 months @ .75 per head per 



month 22.50 



Total expenditures $595.47 



Aug. 15 By 10 steers, weight 9916 Ibs. @ $6.35 per cwt. 629.66 



Total profit $ 34.19 



Profit per steer 3.42 



Price received per bushel for corn .706 



Interest on investment for three months in cattle and feed 5.7% 



Dry lot 1908 



May 15 To 10 steers, weight 8701 Ibs. @ $6.30 per cwt. $548.16 



" 229.82 bus. shelled corn @ .65 per bu. 149.38 



" 1690 Ibs. cotton-seed meal @ 1.40 per cwt. 23.66 



' 3730 Ibs. mixed hay @ .50 per cwt. 18.65 



" 3000 Ibs. silage @ .125 per cw r t. 3.75 



Total expenditures $743.60 



Aug. 15 By 10 steers, weight 10,240 Ibs. @ $7.40 per cwt. 757.76 



Total profit $ 14.16 



Profit per steer 1.41 



Price received per bushel for corn .711 



Interest on investment for three months in cattle and feed 1.9% 



