Show SNOWING SHOWING VALUE OF THE 14 HEN EN if it could be capitalized its product would pay bigger dividends than railroads Rall roada it Is claimed that the average pro or of a hen la Is eggs per an num but it is safe to assume that thu actual Is much below figure the wall street journal says saya adopting the very conservative ngaire of eggs per hen beu per annum we and nd on tile the above basis of production then aro are laying hes in tim lib united states responsible fr the pro of is eggs at the farm price of 20 cents per dozen the total income derived from froin each lien hen annually would amount to two dollars allowing 40 cents for maintenance and ton ten bentti for depreciation which latter wt w uld 1 vire out the market value of the hen in four years irrespective ol of salvage when the period of production Is over ovier the net profit grout per hen per amitan amounts to this profit according to wall street standards capitalized on a ive five per cent income basis would place it a nominal value of 30 on eack hen for the he hens this would amount to the enormous total of that tho american hen clin return a yield ot avo per cent per annum on a capitalization of ap pears nothing short of remarkable but such euch Is the case the entire outstanding capital obligations of the railroads of the united states in 1007 were less than four times this amount or while the total paid out in interest and dividends depre dented but per cent of this amount |