Bulletin No. pd. 37 



If then we figure them at this earlier price, the results will be dif- 

 ferent. 



Lot III would then show a gain of $7.39; lot I, a loss of 26c; lot 

 IV, a loss of $6.G3, and lot II, a loss of $15.95. 



Third : at the present time local buyers throughout the State make 

 very little if any difference in the price per pound between half fat 

 and well finished cattle. Hence there is no inducement for the feeder 

 to go to extra expense to supply a first-class cut of beef. It is right 

 that the middleman should allow the feeder a difference in price, just 

 as he charges a different price to the consumer. The consumer would 

 rather pay a difference of one or two cents a pound between the price 

 of good and poor beef; for the fatter the animal, the sweeter, the 

 juicier, and the more tender is the meat. 



