NORTH SHORE BREEZE and Reminder At 
cond Table Designed to show Increase in 
Ratio of Gain with Increase in Number 
of Cattle. 
rting with 400 head at $50 average cost; Keeping one-third 
yes and selling two-thirds of increase. 
' INVESTMENT Start of Year End of Year Increase Keep Sell Present Market Price 
buildings and land $ 6,500 “1st yr. 400 head 400 head plus 240 80160 @ $30 $4,800 
? D ¢ ) . OC 6s 6c 6c 6é 6c ye: 
s and incidental equipment 1,500 2d 400 400 240 80 160 £,800 
ead cattle 20,000 2-yr-olds 805) oie 
1S ont 480i 480 t Zon 100 lone, - f 5,760 
$28,000 : 80 § : 
Interest 06 Aiiiee. hao. BHOer be te SoM al LAs A2a i Pre ws 6,720 
gee eR 2 96 § 
Bo. % sey 5th ‘* 656 “« 656% 398 131 262. * 7,860 
‘ ve 112 § 
Grazing | 300 aro ‘ 
Gtiiss 7 hot. Ue ot Gea he 460 S60 i, 1 boBU0 
Pahor . __ 2,000 eee ISES 
$ 4,540 899 fe bie PRE 
0 per cent contingent expenses 454 Cash returns $43,740 
pale $ 4,994 
ia wae After Sixth Year | 
er ; 99 head, average yield, : 
estimated expenses 6 years $29,964 3 CNS 430. egy $16,170 
Original cost _ 28,000 Less expenses 6,000 
-Gross cost $57,964 $10.170 
Less cash received _ 43,740 Value of 899 head at $40 $385,960 $28,000 )$10,170. 
Net cost $14,294 ‘* “land and buildings 6,500 es 
a —_—_———__ 363 % 
$42,460 Plus .06% int. 
A2 3-10% 
6579 
THE FIRST NATIONAL BANK OF GLOBE 
| UNITED STATES DEPOSITORY 
P. P. GREER PRESIDENT 
W.. D. FISK VICE PRESIDENT 
J. N. ROBINSON CASHIER 
J. T.. BROWN ASST. CASHIER 
G. C. SIMMONS ‘ ASST. CASHIER 
T, Frank P. Knight, Boston, Mass. Globe, Arizona, March 9, 1915. 
. Dear Mr. Knight :—Your letter of the 3rd received with the two sheets figured out for cattle. I have 
bain gone over your figures and will say that you have certainly made ample allowance and I am sure under 
pnest management that it will work out even better than you have figured. 
_ I will be glad to have you refer to mé and will do my best to give any matters coming to me my best 
forts to answer as they seem to me. . 
Yours Very Truly, 
J. N. ROBINSON 
