Page:Australia, from Port Macquarie to Moreton Bay.djvu/176

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VALUE OF CATTLE.
151

mined by the value of their hides, tallow, horns, &c. I will suppose that the following mixed herd of cattle is purchased.

20 Bulls.
350 Cows dropping their calves.
200 100 Three-year old bullocks.
100   ditto cows dropping their calves.
200 100 Two-year old steers.
100  ditto heifers.
230 115 One-year old steers.
115  ditto heifers.
 1000 Total number.

Having assumed four-year old beasts to be worth £2. each, (see page 149), a mixed herd of homed cattle like this, would be worth £1. 10s. per head.

One thousand head of cattle at £1. 10s. each, £1500
Expense attending the formation of a cattle-station, purchase of stock-horses, &c. 200
Money in the bank to meet the cost of rations, wages, &c. until some return is obtained from the sale of stock, or from their conversion into tallow, &c. 200
 £1900

In the following calculation the heifers are supposed to commence calving at three years old; they will in general begin calving much younger, unless a separate station is kept in an isolated situation, expressly for the young heifers. A portion of the