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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1915 edition. Excerpt: ...rate of interest charged in your vicinity for money loaned on cattle? 14. What is the average weight of (a) long 2-year-old steers sold direct from the range or pasture; (b) long 3-year-old steers sold direct from the range or pasture? 15. What is your estimate of the yearly labor cost per head for your cattle, excluding calves? 16. What is the rate of taxation per $100 in your county? 17. What is the per head valuation placed upon range cattle in your county for purposes o) taxation? price which eliminates depreciation. Other schedules based figures of depreciation, on decrease in the value of the cow after 5 or 6 years of age. Still others gave actual figures for depreciation of cows without restriction as to age; the average of these figures, by States, varied from approximately 3 to 6 per cent. After a careful study of the whole situation as shown by the schedules and by personal investigations and knowledge, a uniform, arbitrary depreciation of 3 per cent for cows was decided upon for the States in question, and this figure is used in connection with the figures for other items in Table 10 in computing the cost of production. The figures submitted by stockmen for the item of depreciation in bulls showed a variation similar to the variation in figures on the depreciation of cows. The average by States for this item varied from approximately 12 to 18 per cent. The uniform figure of 14f per cent was adopted for this item and was used in computing the cost of production for each State. This figure is based upon a period of seven years' service, or, say, four years' service, and at the end of the four years a sale value of 40 per cent of the original cost of the bull. It is believed that this allowance for depreciation in cows and bulls, ...

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