461 



FINANCIAL STATEMENTS (continued) 



Pasture 1908 



May 15 To 10 steers, weight 8751 Ibs. @ $6.30 per cwt. $551.31 

 " 205.98 bus. shelled corn @ .65 per bu. 133.88 



" 1493 Ibs. cotton-seed meal @ 1.40 per cwt. 20.90 

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



month 22.50 



Total expenditures $728.59 



Aug. 15 By 10 steers, weight 10,130 Ibs. @ $7.20 per cwt. 729.36 



Total profit $ .77 



Profit per steer .07 



Price received per bushel -for corn .653 



Interest on investment for three months in cattle and feed .1% 



Dry lot 1909 



May 15 To 10 steers, weight 8273 Ibs. @ $6.40 per cwt. $529.47 



" 236.96 bus. shelled corn @ .65 per bu. 154.02 



" 1800 Ibs. cotton-seed meal @ 1.40 per cwt. 25.20 



" 4500 Ibs. mixed hay @ .50 per cwt. 22.50 



Total expenditures $731.19 



Aug. 15 By 10 steers, weight 9796 Ibs. @ $7.50 per cwt. 734.70 



Total profit $ 3.51 



Profit per steer .35 



Price received per bushel for corn .664 



Interest on investment for three months in cattle and feed .4% 



Pasture 1909 



May 15 To 10 steers, weight 8088 Ibs. @ $6.40 per cwt. $517.63 

 " 224.17 bus. shelled corn @ .65 per bu. 145.71 



" 1790 Ibs. cotton-seed meal @ 1.40 per cwt. 25.06 



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



month 22.50 



Total expenditures $710.90 



Aug. 15 By 10 steers, weight 9406 Ibs. @ $7.40 per cwt. 696.04 



Total loss $ 14.86 



Loss per steer 1.48 



Price received per bushel for corn .583 



Loss on investment for three months in cattle and feed .2% 



