
population of the species sought, and general availability of the species 
sought in other parts of the State concerned. 
DISCUSSION AND SUMMARY 
A total of 45 sportsman-expenditure studies were conducted 
in the Missouri River Basin during 1947 to 1954. Of these, 10 were for 
warm-water fishing, 22 for cold-water fishing, 5 for pheasant hunting, 
2 for duck hunting, 4 for deer hunting, 1 for elk hunting, and 1 special 
study of annual and investment expenditures of licensed sportsmen in 3 
Montana counties. The component parts of the total daily expenditure-- 
expenses for Transportation, Trip, Investment, and Annual or recurring 
items--of the various types of sportsmen, and the calculated cost per 
pound of fish or unit of game, are shown for each study area. 
Of the component parts of the sportsman's total daily ex- 
penditure, transportation expenses were generally of greatest signifi- 
cance--generally about 50 percent. Ina few instances, where 
extraordinary expenses for guide or packing services for fishermen 
were involved, trip expenses were about 50 percent of the total. Re- 
quirement of a special $7.50 license to hunt deer in South Dakota re- 
sulted in the annual expense being about 50 percent of the daily 
expenditure. In the one elK-hunter study, transportation and invest- 
ment expenditures were nearly equal, and, together, comprised 
about two-thirds of the total daily expenditure. 
The sportsman's daily expenditure varied with the species 
of game or the group of fishes sought. On the average, cold-water 
(trout) fishermen spent nearly twice as much per day as warm-water 
fishermen. Of the hunters, pheasant hunters spent the least amount 
per day. In comparison to the pheasant hunter, the average duck 
hunter spent -1.5 times as much per day, the deer hunter 2,5 times 
as much, and the elk hunter 4 times as much, The daily expenditure 
of the various types of hunters or fishermen varied from area to area 
due to variations in the component parts of the total. 
The expenditure per pound of fish or unit of game varied 
with the daily expenditure, the rate of success, and other factors, On 
the average, the cost per pound of cold-water fish was more than 
three times as great as the cost per pound of warm-water fish, In 
comparison to a pheasant, a duck cost nearly 2 times as much, a deer 
11 times as much, and an elk 84 times as much. 
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