164 Western Live-stock Management 
COST AND PROFIT 
From the following figures gathered prior to opening of 
the European War, one can obtain an idea as to the costs 
and profits of feeding lambs. These figures are based on 
a lamb as a unit. A lamb fed as outlined in the dis- 
cussion of feeds and ration would, during a ninety-day 
feeding period, consume eighty-five pounds of grain and 
180 pounds of hay and during this time would gain about 
twenty-two-and-one-half to twenty-five pounds: 
Costs: 
60 poundslamb @ 05. tt . $3.00 
Interest on $3.00 for 90 days @ 8 per cent é -06 
85 pounds grain @ $1.25 P 1.06 
180 pounds of hay @ es $7.00 5 4 # & w& & 2 63 
Loss by death . . ge hig ag! det ee so. .05 
Commission . . ......+s. 2... -05 
Yardage ¢ . ss ® # Bow HR 2 em ws .05 
BYeIght: vou 2 @ wo Boe oe 2 oe wowed .20 
Incidentals . . . . . . eee -05 
$5.15 
Income: 
822 pounds lamb @ .07 ..... . . . §$5.775 
Deducting the cost from the income would leave a net 
profit a head of $.625. The feeding margin in this case is 
$.02, being the difference between the buying and selling 
price a pound. As the various items listed above are more 
or less variable, the profit a head increases and decreases 
from year to year. 
FEEDING WETHERS 
Wethers are fattened in the same way as lambs, although 
not on so large a scale. They will require on the average 
about 40 per cent more feed, a larger portion of which may 
be hay. In spite of this larger feed, the daily gain is about 
