CATTLE-RAISING IN COLORADO. 209 



Total $364,644 



Total product in seven years of 4000 cows, costing 



i^jOOO, including cost of cows . . . $730,952 



" The profits, or increase, on the seventh year alone 

 would be $254,792, or 50 per cent, on the entire capi- 

 tal of $500,000. Each subsequent year the increase of 

 profits is enormously enhanced. 



" Each year, also, from 3000 to 5000 head of steers 

 would be bought, and sold a year later at a profit of 

 $10 or more per head, which item alone would pay 

 double the expenses of the entire ranch. 



"There are many plans and details connected with this 

 enterprise which cannot well be explained in a letter of. 

 this kind without making it of great length, and which 

 would not be thoroughly understood without reference 

 to maps of the property and a personal interview with 

 the author. To assure your readers that this is a per- 

 fectly legitimate enterprise, and will be organized and 

 conducted in a practical, business-like manner, I take 

 great pleasure in referring by special permission to the 

 following well-known gentlemen, several of whom, 

 with myself, will take large interests in this organiza- 

 tion : 



o 18* 



