44 THE BEEF BONANZA. 



taken from the herd. I think the average profit on 

 capital invested in cattle will not fall short of 40 per 

 cent, per annum over and above all expenses." Mr. E. 

 Stolls, who lives ten miles east of Colorado Springs, 

 says : " I began with cattle in 1861, and have owned 

 them ever since. They do well in summer and winter 

 in Colorado without feeding. I have just sold cattle 

 to the amount of nearly $6000." The purchase of this 

 herd cost $1 100 three years since, and $500 two years 

 since. 



