14 BULLETIN" 777, U. S. DEPARTMENT OF AGRICULTURE. 



to 4 pounds. This allowance was continued until the end of the 



experiment. 



WEIGHTS AND GAINS. 



The steers were equally divided so that the average weight in both 

 lots was 678 pounds. The average total gain was 180 pounds for the 

 steers of lot 1 and 214 pounds for those of lot 2, The average daily 

 gain was 1.68 pounds for the steers of lot 1 and 2 pounds for those 

 of lot 2. Considering the kind of steers and the dry season, these 

 gains were very good. As would be expected, the cake-fed steers made 

 the better gains, each steer putting on an average of 34 pounds more 

 than those getting pasture alone. 



COST OF GAINS. 



The gains for lot 2 cost more than three times as much as those for 

 lot 1. Each 100 pounds of gain for the steers of lot 1 cost only $1.06, 

 while the same gains for lot 2 cost $3.44, but on account of the higher 

 selling price the profit on lot 2 was greater. These figures are about 

 the same as'for the summer test of 1913 in Alabama. 



SLAUGHTER DATA. 



The steers were sold on the St. Louis market. Those of lot 1 were 

 sold as stockers, and data on shrinkage were not obtained. For lot 2 

 the average final farm weight was 892 pounds, the average market 

 weight was 847 pounds, and the net shrinkage in transit was 45 pounds 

 a head. The steers dressed out 50.8 per cent of the market weights, 

 which was satisfactory for that class of steers. 



FINANCIAL STATEMENT. 



The financial statement shows results similar to those of the steers 

 fed in Alabama in 1912 and 1913. The steers fed cake on pasture 

 brought the higher price again and made the greater profit. The 

 initial cost per hundred pounds was $5 for all the steers, those of lot 1 

 sold as stockers for $5.75 a hundred pounds, and those of lot 2 brought 

 $6.35 as finished beeves. The average profit for lot 1 was $7.19 a 

 head, and $9.61 for lot 2, which was satisfactory for both lots. 



Table 7. — Financial statement. 



Lot 1, fed pasture alone: 



To 20 steers, 13,557 pounds, at $5 a hundredweight §677. 85 



To pasture, 107 days at 50 cents per steer per 28 days 38. 20 



To freight, commission, yardage, etc 57. 92 



Total cost 773. 97 



By sale of 20 steers, 15,960 pounds, at $5.75 a hundredweight 917. 70 



Total profit 143. 73 



Average profit per steer 7. 19 



