Cattle Feeding Experiments. 17 



FINANCIAL STATEMENT. 



In the following financial statement, the net cost ($4.15 

 per hundred) was, as nearly as could be estimated, the mar- 

 ket price of cattle of that class when the experiment was be- 

 gun. This price was 4 cents per hundred more than the aver- 

 age appraisement of the entire herd at the close of the pre- 

 ceding experiment three weeks earlier. It was intended that 

 each lot should be sold separately at the close of Experiment 

 II, April 16th, but thru some mistake at the stock-yards the 

 several lots became mixed and were therefore sold together. 

 Deducting freight, etc., all steers netted $4.58 per hundred 

 on home weights. The condition of flesh of Lot 1 was mate- 

 rially below that of other lots, the remaining four being fairly 

 uniform, with perhaps a little thicker flesh on the steers which 

 received oil-meal and cottonseed-meal. Inasmuch as all sold 

 together, it was not thought best to discriminate between 

 lots with the exception of Lot 1, which is figured at $4.50 per 

 hundred, while the others are placed at $4.60, at which prices 

 all lots average $4.58, the actual net price received. As pre- 

 viously mentioned, the steers were sold one month earlier 

 than was originally planned because of the extremely muddy 

 condition of the yards. Had they been fed the other month 

 the price received would have been much higher, tho whether 

 or not the higher selling price would have paid for the feed 

 another month is not known. 



Lot 1 (Corn and Prairie Hay). 



1906 Dr. Cr. 



Feb. 15 To 9 steers, weight 10,580 Ibs., at $4.15 per 



hundred $439 07 



To 9,650 Ibs. of corn at 62% cents per hundred 



(35 cents per bushel) 60 31 



To 2,800 Ibs. prairie hay at $6.00 per ton 8 40 



To interest on $439.07 for 2 mo. at 6 per cent. . 4 39 

 1906 



Apr. 12 By 9 steers, weight 11,220 Ibs., at $4.50 per hun- 

 dred net, Lincoln $494 90 



By 229 Ibs. pork at $5.75 per hundred net, Lin- 

 coln 13 16 



By loss on nine steers 4 11 



$512 17 $512 17 

 (Loss per steer, $0.46.) 



