208 APPENDIX. 



profitable than raising cattle, even though that yields 

 such enormous results. This schedule is made with 

 reference entirely to grass-fed cattle, but fattening with 

 corn and other feed grown on the ranch will be an ad- 

 ditional source of large and never-failing profit. 



" The first column indicates the year ; the second, the 

 number of cows ; the third, the number of calves ; the 

 fourth, the number of heifer calves ; the fifth, the value 

 when yearlings, at $10 per head ; the sixth, increased 

 value when two years old, at $5 per head ; the seventh, 

 increased value when three years old, at $3 per head ; 

 the eighth, the value when three years old, at $18 per 

 head: 



"The first column of the next table indicates the 

 year ; the second, the number of steer calves ; the third, 

 the value when yearlings, at $10 per head ; the fourth, 

 the increased value when two years old, at $6 per head; 

 the fifth, the increased value when three years old, at 

 $10 per head ; the sixth, the value when three years 

 old, at $26 per head : 



