14 BULLETIN 762. U. S. DEPARTMENT OF AGBICTJLTUBE. 
price. The price of feeds lias already been stated. The steers were 
shipped from Abbott. Miss., to the St. Louis market. The freight 
on the cattle to market was 803 per car or per lot. and the charges 
for commission, yardage, feed, insurance, etc. totaled 8:24 per lot. 
Financial statement. 
Lot 1. cottonseed meal and cottonseed hulls : 
To 25 steers. 20,345 pounds, at 85.47 per hundred weight si. 112. ST 
To 21,098 pounds cottonseed meal, at $23.50 per ton 247. 90 
To 86,508 pounds cottonseed hulls, at 86.50 per ton 2S1. 35 
To freight on one car of 25 steers 63. 00 
To commission, yardage, feed, insurance, etc 24. 00 
Total expenditure 1. 729. 12 
By sale of 23 steers. 21,800 pounds, at 87.45 per hundredweight— 1. 729. 12 
By sale of 1 steer, SCO pounds, at 86.50 per hundredweight 52. 00 
By sale of 1 steer, 930 pounds, at 85*40 per hundredweight 50. 22 
Total sale of Lot 1 1, 688. 52 
Total loss 40. 60 
Average loss per head 1. 62 
Lot 2. cottonseed meal and corn silage : 
To 26 steers, 21,125 pounds, at 85.47 per hundredweight 1. 155. 54 
To 21,952 pounds cottonseed meal, at 823.50 per ton 257. 94 
To 159,494 pounds corn silage, at 83 per ton 239. 24 
To freight on car of 26 steers 63. 00 
To commission, yardage, feel, insurance, etc 24. 00 
T ital expenditure j L 1. 739. 72 
By sale of 26 steers. 24.S10 pounds, at 87.25 per hundredweight— 1, 798. 72 
Total profit 59. 00 
Average profit per steer 2. 27 
Lot 3. cottonseed meal, cottonseed hulls, and corn silage: 
To 26 steers, 21,172 pounds, at 85.47 per hundredweight 1, 158. 11 
To 21.952 pounds cottonseed meal, at 823.50 per ton 257.94 
To 43.451 pounds cottonseed hulls, at 86.50 per ton 141. 21 
To 104.059 pounds corn silage, at 83 per ton 156. 09 
To freight on car of 26 steers 63. 00 
To commission, yardage, feed, insurance, etc : 24. 00 
Total expenditure 1. S00. 35 
By sale of 26 steers. 25.420 pounds, at 87.30 per hundredweight— 1, S55. 66 
Total profit 55. 31 
Average profit per steer 2. 13 
The total expenditure for Lot 1 was $1,729.12, while the selling 
price of the cattle was $1,688.52, showing a loss of 84-0.60 on the lot 
or an average loss of $1.62 per head. The steers of Lot 2. which re- 
ceived cottonseed meal and corn silage, made a net profit of $59 
for the lot. or an average profit of 82.27 per steer. It is seen that 
although the silage-fed steers did not make as big daily gams as the 
steers fed on cottonseed hull-, they sold for a higher price on the 
