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Show MSXolt 11 Sit, lOOi I ; r DOLLAR DAYS IN THE CATTLE BUSINESS. The old practice of "dollaring" cattle cat-tle has long since been tabooed by middle western financial agencies, refusing to make loans where purchases pur-chases are made in dollars per head, for the very evident reason that the transaction finally depends upon actual ac-tual weight as well as condition of the critter. Everybody recognizes that the packer buys the bullock for what it will dress out in a merchantable product. pro-duct. It is a very easy matter for the prospective feeder or rancher buying feeders or stockers to make the wrong tween the best guess and the actual weight might be sufficient to deter-. mine the profit or loss. In order to overcome the element of uncertainty and risk in buying at "dollars per head," prospective feeders feed-ers and ranchers are more and more coming to the central market where they can see just what they are buying buy-ing and know exactly what the cattle weigh and thus determine the actual ! cost per hundredweight; at least a proper start, and as the old saying, goes: "Well bought is half sold." j Guessing weights was quite an art, but after all a very poor substitute for actual scaling. The practice savor3 of horse-trading tactics and i3 not j now and never was a desirable way; of conducting business. ! guess on weights, a hazard in the business that may have been necessary neces-sary in the early days owing to a lack of proper facilities for determining weights, but under modern conditions there is no need to carry forward this hazardous element which is so important impor-tant in the end. Seemingly there is j sufficient opportunity for speculation! in i buying and selling at actual j weights. The variation in weight be-! |