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: 



1st 4,000 3,200 1,600 $16,000 $8,000 $4,800 $28,800 



2d 4,000 3,200 1,600 16,000 



8,000 



4,800 



28,800 



3d 5,600 4,480 2,240 22,400 



11,200 



6,720 



40,320 



4th 7,200 6,760 2,880 28,800 



14,400 



8,640 



51,840 



5th 9,440 7,552 3,776 37,760 



18,880 





56,640 



6th 12,320 9,856 4,928 49,280 







49,280 



7th 16,096 12,877 6,438 at $6 per head 



. 



, 38,627 



Original cows, at $18 per head 







72,000 



Total .... 



$366,308 



" 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 : 



