Show FEED FEEDERS BUT TO REDUCE EXPENSES by J A Me mcnaughton Naughton LOS ANGELES dec I eboth doth cattle and lamb buyers are buying thin stock this tall fall with more assurance of coming outon out on the tight side aide 0 of the lodger than has been the case during the previous throe years not only are first costs of oc stocker and feeder cattle as well as feeder lambs tho lowest within the memory of most qt of us but forthe for the most part feeding costs are also sharply reduced especially la sections section where there Is on an abundance of grain and r roughage 0 o U gha 9 e w will 11 I 1 the gains bo be put on at relatively small cost coat it seems logical that livestock feeding would be conducted at places where feed costs aro are tho lowest for example throughout most of the western farming country hay bay lg Is available it at 14 to 5 a ton while corn barley wheat and other concentrates are generally valued at only about a halt a cent a pound under such good feeders report that they them are able to put on 9 gains ains tor for about 4 cents OL a round pound it seems seem tut ut of the question that on 4 cent steers and lambs lamba and 4 cent gains that any losses would bo be possible when marketing time tima of fat stock cornea on the other hand it might be well to calculate carefully the cost of put ting aing on tho gains in a metropolitan area as against the country whore where there them are no transportation costs on toed teed to be considered manifestly it costs coats legs lees to ship cattle to the feed than to ship the feed to the cattle it must be remembered that oven at the low prices of feeder stock an ex x pensive might result if the cost of gains gain Is too great cattle and lamb feeders must understand that the chanced of radical price improve ment in power Is not great and that unless expected improvement in buying power materializes all that can well be expected at rilar mar time Is a fair price tor for feeds in other words the man who places hie ala cattle in a custom feed yard Is paying the owner a 0 profit on feeds and it is not unlikely that this one profit la Is about ablahat all that the trade will tand it Is ia fortunate tortu nata for or both tho stockman and the feeler feeder that the west coast markets have developed a greatly increased demanti for grain finished beeland beel beet and lamb development especially cla 00 small farms arms and ranches bot only affords afford sa a probable profitable outlet tor for grain and forage ant tho the pur purchaser chasee aee of these small feeders helps to keep out of killer char charnola a of unfinished beet beef at a time when buying power of the consuming public Is slack con ducted along practical alnea tho grow ing custom of feeding and finishing livestock should perva as a mug Jn fluence on the marketa mar koto |