14 BULLETIN 1762, U: S. DEPARTMENT OF AGRICULTURE. 
price. The price of feeds has already been stated. The steers were 
shipped from Abbott, Miss., to the St. Louis market. The freight 
on the cattle to market was $63 per car or per lot, and the charges 
for commission, yardage, feed, insurance, etc. totaled $24 per lot. 
Financial statement. 
Lot 1, cottonseed meal and cottonseed hulls: 
To 25 steers, 20,845 pounds, at $5.47 per hundredweight________ $1, 112. 87 
To 21,098 pounds cottonseed meal, at $23.50 per ton_______..____ 247. 90 
To 86,508 pounds cottonseed hulls, at $6.50 per ton____________ 281. 35 
Tortreicht Onuonme: car Of 25) SteCeCLS =a ee eee 63. 00 
To commission, yardage, feed, insurance, etc______ a 24. 00 
TE OLR eT CMa CLT TT a Nd eh a ie WAY), WA 
By sale of 23 steers, 21,800 pounds, at $7.45 per hundredweight__ 1, 729. 12 
By sale of 1 steer, 800 pounds, at $6.50 per hundredweight______ 52, 00 
By sale of 1 steer, 930 pounds, at $5.40 per hundredweight______ 50. 22 
ROE seal es OE INE ere aa Ea ee er Se 1, 688. 52 
Ota alOSSe Bars ee cele h ena eek ea... aes 40. 60 
Average loss per head________ is pa aes ea he AR wi 1. 62 
Lot 2, cottonseed meal and corn silage: 
To 26 steers, 21,125 pounds, at $5.47 per hundredweight________ 1, 155. 54 
To 21,952 pounds cottonseed meal, at $23.50 per ton____________ 257. 94 
To 159,494 pounds corn silage, at $3 per ton-2_2-_- = 239. 24 
Ato BEEN BR yay Cae COnenAay Suirexen ops es Ne ee Vl a ee 63. 00 
To commission, yardage, feed, insurance, etc____________ Lge 24, 00 
Total -expenditure:.2--.-. See ee as MIA: he i, 739. 72 
By sale of 26 steers, 24,810 pounds, at $7.25 per hundredweight__ 1, 798. 72 
Total :-WROties ~ ee ae. ae See eae 59. 00 
Avera ceaprotit: per isteere 20s See ee ene ie ee ee PAPA 
Lot 3, cottonseed meal, cottonseed hulls, and corn silage: 
To 26 steers, 21,172 pounds, at $5.47 per hundredweight________ 1, 158. 11. 
To 21,952 pounds cottonseed meal, at $23.50 per ton____________ 257. 94 
To 43,451 pounds cottonseed hulls, at $6.50 per ton______________ 141. 21 
To 104,059 pounds corn silage, at $3 per ton-__________________ 156. 09 
TROMERCIStVON (GaliOl 26 SECCTS a meen nee nO een Oo a 63. 00 
To commission, yardage, feed, insurance,.ete__________________ 24. 00 
Total expenditures co Nossa ae ee 1, 800. 35 
By sale of 26 steers, 25,420 pounds, at $7.30 per hundredweight__ 1,855. 66 
STS fecal" YT Basha es a Le ee ee 5b. 81 
AVEraA Se ORO: JOC, SECC 22 sul e ei Beene nue avs cae DS 
The total expenditure for Lot 1 was $1,729.12, while the selling 
price of the cattle was $1,688.52, showing a loss of $40.60 on the lot 
or an average loss of $1.62 per head. The steers of Lot 2, which re- 
ceived cottonseed meal and corn silage, made a net profit of $59 
for the lot, or an average profit of $2.27 per steer. It is seen that 
although the silage-fed steers did not make as big daily gains as the 
steers fed on cottonseed hulls, they sold for a higher price on the 
