CATTLE-GROWING OUT WEST. 39 



the Union Pacific Railroad, and about 342 miles west 

 from Omaha. He is a cattle-driver, and thoroughly 

 understands his business. His practical experience in 

 cattle, especially of the Texas breeds, is as follows : 



1000 head three-year-old bullocks, @, $8.50 each . . $8,500 



1000 " two-year-old " © $6 " . . 6,000 



1000 " yearlings, @ $3.25 each 3,250 



1000 " cows, @ $7.50 each 7,500 



Expenses 25 horses bought in Texas and used for herd- 

 ing, @ $40 each 1,000 



First cost of 100 horses bought in Texas and resold . 4,000 

 "Wages of two foremen, at $150 per month each, four 



months 1,200 



"Wages of 26 drivers, with food, $170 per month each, 



four months 4,420 



Eight months' herding on the range, with extra expenses 



for branding, etc., at the rate of $1 per head per year . 8,334 

 50 bulls, fair to very fine grades, costing on an average 



$50 each 2,500 



Interest @ 10 per cent., for one year, $41,704 . . 4,170 



Total expenses on herd of 4050 head . . $45,874 



Returns, 100 horses sold @ $30 each, a loss of 25 per 



cent $3,000 



Amount of investment at end of one year . . . 42,874 



Herding six months, from April 1 to October 1 . . 2,500 



Interest, half-year @ 10 per cent 2,143 



Total $50,517 



October 1, six months after investment, net returns for 

 sale of 2000 beeves, at an average of $20 each . . 40,000 



Net capital account $10,517 



Stock inventory in October, six months after investment, 

 and after sales were completed : 1000 old cows, 500 

 three-year-olds past, 200 two-year-olds, 1350 calves, 50 

 bulls, 300 two-year-old heifers ; total cattle, 3400 

 head; horses, saddles, wagons, etc., sufficient for use, 



