1,500 lambs (average one-half ewes, one-half wethers), at $2 each . . . . . . . $3,000.00
In June he will shear his wool, and get from:
2,000 ewes, 5 pounds each, or 10,000 pounds, at 21 cents . . . . $2,100.00
60 bucks, 17 pounds each, or 1,000 pounds, at 15 cents . . . . . . 150.00 2,250.00
---------
$5,250.00
Expenses:
Herders, teamsters, cook, and provisions . . . . . . . . . . . . . $1,835.00
Shearing 2,060 sheep, at 6 cents . . . . . . . . . . . . . . . . . 123.60
Hay and grain . . . . . . . . . . . . . . . . . . . . . . . . . . 275.00
---------
$2,233.60
Losses (all estimated as made up, in money):
Ewes, 4 per cent on $6,000 . . . . . . . . . . . . . . . $240.00
Bucks, 5 per cent on $1,800 . . . . . . . . . . . . . . 90.00 330.00
-------
Depreciation:
On bucks, 5 per cent on $1,800 . . . . . . . . . . . . . . . . . . 90.00 2,653.60
--------- ---------
Net profits for first year . . . . . . . . . . . . . . . . . . . . $2,596.40
Second Year.
The 1,500 lambs will be a year older, and worth an additional 15 per cent (or 15
per cent on $3,000) . . . . . . . . . . . . . . . . . . . . . . $450.00
1,500 new lambs will be worth, as before . . . . . . . . . . . . . 3,000.00
And there will be of wool from:
2,000 sheep, 5 pounds each, or 10,000 pounds, at 21 cents . . . $2,100.00
1,500 lambs 4 pounds each, or 6,000 pounds, at 21 cents . . . . 1,260.00
60 bucks, 17 pounds each, or 1,000 pounds, at 15 cents . . . . 150.00 3,510.00
--------- ---------
$6,960.00
Expenses:
Herders, etc. . . . . . . . . . . . . . . . . . . . . . . . . . . $2,060.00
Shearing 3,560 sheep, at 6 cents . . . . . . . . . . . . . . . . 213.60
Hay and grain . . . . . . . . . . . . . . . . . . . . . . . . . . 350.00
---------
$2,623.60
Losses:
On ewes, 4 per cent on $6,000 . . . . . . . . . . . . . $240.00
On bucks, 5 per cent on $1,800 . . . . . . . . . . . . 90.00
On lambs, 7 per cent on $3,000 . . . . . . . . . . . . 210.00 540.00
-------
Depreciation:
On ewes, 5 per cent on $6,000 . . . . . . . . . . . . . $300.00
On bucks 5 per cent on $1,800 . . . . . . . . . . . . . 90.00 390.00 3,553.60
------- --------- ---------
Net profits for second year . . . . . . . . . . . . . . . . . . . . . . . . . $3,406.40
Third Year.
The second year's lambs will be worth an additional 15 per cent, or, say (15 per
cent on $3,000) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $450.00
There will be 1,500 lambs from original 2,000 ewes, and, say, from new 750 ewes
(one-half of 1,500), not more than 60 per cent in first lambing, or, say, 450--
in all 1,950 lambs, at $2 . . . . . . . . . . . . . . . . . . . . . . . . . 3,900.00
Wool will be:
From 3,500 ewes, 5 1/2 pounds each, or 19,250 pounds, at 21 cents $4,042.50
From 1,950 lambs, 4 pounds each, or 7,800 pounds, at 21 cents . 1,638.00
From 60 bucks, 17 pounds each, or 1,000 pounds, at 15 cents . . 150.00 5,830.50
--------- ---------
$10,180.50
Expenses:
Herders and fodder . . . . . . . . . . . . . . . . . . . . . . . . . $2,970.00
Shearing 5,510 sheep, at 6 cents . . . . . . . . . . . . . . . . . . 330.60
New corrals, etc. . . . . . . . . . . . . . . . . . . . . . . . . . 300.00
---------
$3,600.60
Losses:
On ewes, 4 per cent, on $6,000 . . . . . . . . . . . . $240.00
On new, sheep, 4 per cent on $4,500 . . . . . . . . . 180.00
On lambs, 7 per cent on $3,000 . . . . . . . . . . . . 210.00
On bucks, 5 per cent on $1,800 . . . . . . . . . . . . 90.00 720.00
-------
Depreciation:
On old ewes, 10 per cent on $6,000 . . . . . . . . . . $600.00
On bucks, 20 per cent on $1,800 . . . . . . . . . . . 360.00 960.00 5,280.60
------- --------- ---------
Net profits for third year . . . . . . . . . . . . . . . . . . . . . . . . . . $4,899.90
=========
Recapitulation.
First year's profits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $2,596.40
Second year's profits . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,406.40
Third year's profits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,899.90
---------
Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $10,902.70
==========
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An official document from Idaho says:-- "There are not many sheep raised here, but the business is a good one. Some time since I had a conversation with a friend in relation to his experience in sheep-raising, and learned the following facts:-- |
In May, 1877, he bought 404 ewes and 123 wethers, at $3.00 . . . . $1,581.00
In 1878 he sold 200 at $3.00 . . . . . . . . . . . . . . . . . . . $600.00
In 1879 he sold 200 at $3.00 . . . . . . . . . . . . . . . . . . . 600.00
In 1880 he sold 200 at $2.50 . . . . . . . . . . . . . . . . . . . 500.00
When talking with me he had 2,300 for which he had been offered $2.00 each 4,600.00
---------
Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $6,300.00
Deduct cost of flock . . . . . . . . . . . . . . . . . . . . . . . 1,581.00
---------
Profit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $4,719.00
|
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"During the time he had not purchased any sheep, and was unable to tell the amount of wool he had sold, but it is fair to presume that the amount received for the sale of wool would more than pay for the labor of looking after his flock, and the small amount expended in buying what hay was fed to them. Mr. Fossett says of sheep-raising in Colorado:-- "Thus far, the business of sheep-raising in Colorado has been very profitable. A flock of 1,800 ewes, costing $4,500, were placed on a ranch in Southern Colorado. In eight years 1,600 sheep were killed for mutton, and consumed on the ranch, and 7,740 were sold for $29,680. There are 14,800 head on hand, worth, at $3 per head, $44,400. The wool-clips paid for shepherds and all current expenses. The result shows a net profit over the original investment of $69,520, equal to 193 per cent per annum for eight years in succession. Per contra, out of a flock of 1,200 very fine, selected ewes, worth $4 per head, 800 died during a storm of two days last March. The 400 that survived raised last summer more than that number of lambs. The dog is a valuable auxiliary in the care of sheep. The 'Scotch collie' surpasses all others in his natural aptitude for this work, and often-times one well-trained sells for $150." A reliable estimate from Montana shows the attractions of that territory for the sheep-raiser:-- "Profits on wool-growing are estimated by many as greater than on cattle-raising; and even the more conservative breeders figure a profit of from 25 to 35 per cent per annum upon all capital invested, and all agree that the wool clip will pay every item of expense, leaving the increase a clear gain. The loss from all causes is estimated at from 2 to 3 per cent. The annual increase of flocks is placed at 48 per cent, and the increase of 1,000 ewes, 2 years old and upwards, from 80 to 150 per cent, probably averaging 90 per cent. Sheep sell readily at from $3 to $3.50 per head. One herder can take care of 2,000 head. Sheep-raising is emphatically the poor man's industry in Montana; for, having a free range, timber at hand for construction of sheds and corrals, and, in fact, no capital needed for running expenses after the first season, he is master of the situation if he can command any sum from $500 upwards for the purchase of a small flock. "A careful calculation of the profit on 1,000 ewes for a term of 5 years, made by a prominent sheep-owner, shows the following:-- |
|--------------------------------------------------------------------|
| YEAR. | EWES. | INCREASE. | EWES. | WETHERS. | CLIP. |
|--------------------------------------------------------------------|
|First . | 1,000 | 700 | 350 | 350 | $1,000 |
|--------------------------------------------------------------------|
|Second . | 1,175 | 822 | 411 | 411 | 1,700 |
|--------------------------------------------------------------------|
|Third . | 1,555 | 1,088 | 544 | 544 | 2,522 |
|--------------------------------------------------------------------|
|Fourth . | 2,033 | 1,423 | 711 | 711 | 3,710 |
|--------------------------------------------------------------------|
|Fifth . | 2,660 | 1,862 | 931 | 931 | 5,032 |
|--------------------------------------------------------------------|
|Totals . | ... | 5,895 | 2,947 | 2,947 | $13,964 |
|--------------------------------------------------------------------|
Total wool clip . . . . . . . . . . . . . . . . .. . . . . $13,964
5,895 sheep, at $3 . . . . . . . . . . . . . . .. . . . . 17,685
30 Merino bucks, at $25 . . . . . . . . . . . . .. . . . 750
Interest on cash obtained for wool . . . . . . .. . . . . 3,684
----------
$36,083
Investment and Expense.
1,000 ewes, at $3 . . . . . . . . . . . . . . . $3,000
Cabin, shed, and canvas . . . . . . . . . . . . 800
32 Merino bucks, at $50 . . . . . . . . . . . . 1,600
Herders' wages and board . . . . . . . . . . . . 2,600
Taxes and minor expenses . . . . . . . . . . . . 1,000 11,100
______ ______
Profit . . . . . . . . . . . . . . . . . . . . .. . . . . $24,983
|
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Another estimate from an official document of Kansas is as follows:-- "The following estimate of the cost of a start in sheep-raising is made officially in the reports of the State, and assumes that the investor takes personal charge of the place, as a man would be likely to do who starts on a capital of $3,500, beginning operations about April 1, and performing most of the labor necessary to produce the crops himself; the purchase of sheep to be made Sept. 15 following, by which time preparations for shelter and feed are substantially perfected. "If the ranchman desires a larger dwelling than the one provided, the land can be bought of the railroad company on 6 years' time, at 7 per cent interest, thus reserving a larger portion of cash for additional improvements. Or, he could purchase 320 instead of 160 acres, as estimated, the annual payments on which could be promptly met from sales of wool, increase of flock, or grain grown, if an additional acreage were put under cultivation. This would, no doubt, be a profitable investment, as an increase in value of real estate is not improbable. |
Investment.
160 acres of land, at $2.50 . . . . . . . . . $400.00
House . . . . . . . . . . . . . . . . . . . . 300.00
Corrals . . . . . . . . . . . . . . . . . . . 100.00
Windmill, pump, and troughs . . . . . . . . . 125.00
Team, wagon, and harness . . . . . . . . . . 325.00
Farming implements . . . . . . . . . . . . . 50.00
500 Merino ewes, at $3 . . . . . . . . . . . 1,500.00
6 Merino bucks, at $25 . . . . . . . . . . . 150.00 2,950.00
--------- ---------
Cash . . . . . . . . . . . . . . . . . . . . . . . . . 550.00
---------
Total . . . . . . . . . . . . . . . . . .. . . . . . . $3,500.00
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