The age-herald., 1901-10-13

value In the Unlleu states l The entire world, it may be said without is looking to this country for the only adequate beef supply, and the profits resulting from the production of beef. cattle in the future will, without a doubt, be enormously greater than those of the past. We find in the United States a shortage of ten million cattle and an increase in population of over ten million people, to say nothing of the greatly increasing demand for American beef throughout the world, factor that must not be overlooked in predicting the future of the cattle business. under the style of Harris Bros, for the purpose of carrying on an extensive ranch and cattle business, locsted it's ranches in the Mouse River Valley better known as the Banner Cattle Coun- try, situated in North Dakota on the divide between the Hudson Bay Basin and the Missouri River, and containing about ten thousand square miles of the finest grazing and hay lands in the United States, on which our cattle are fattened and matured. then sold on the Chicago market after deducting the orig tnal cost, taxes and all running expenses at net profit of s2500 to S35,00 per head, or 30 to 50 cents on the investment. Our ranches consist of 10000 acres of very valuable hay land, producing three to four tons of hay per acre yearly; we also control all the water rights which gives us unlimited free range where our cattle graze on the most nutritious grasses grown in the United States such as Buff falo, Blue Joint, Bush and other wild grasses losing none of their nutritive Sase Several Rnnred to acras the a0Ys beT land where our cattle are sheltered and fed on hay during the winter, as we have found by experience the most sue oessful and absolutely safe way of con- ducting the cattle business is to fed hay during the winter, thereby preventing losses and making the investment in cat tie that are fed on hay extremely profit for m n two years earlier than cattle that rus tle;" besides they make better beef that sells fors more money on the market
 We have everything that would be re- quired on a well-eaufpped ranch doing an extensive business, including large and commodious stables, sheds, black smith shop, houses for the help and man ager, corrals, pastures, wagons, har- nesses. hay machinery, etc; also 200 head of work and saddle horses, and the whole is managed by thoroughly experi- in the cattle business, certainly makes our property the most desirable and val uable cattle ranch In the United States
 Such thing as a sleet storm destroy ing cattle in North Dakota is unknown; while in Nebraska and Kansas, as well as many other Southern States, the dam age to stock raising Tn the past from that cause has been disastrous If is the rain, the sleet and the snow, followed by a cold wave that destroys cattle in the states above mentioned. On account of the steady cold weather of North Da- kota and the absence of precipitation or safe and more profitable than any other business.
 There Is probably no place in, the world where cattle can be raised and fattened for the market so cheaply, with absolutely no risk as In the Mouse River Valley where the finest and the highest priced, beef sold on the Chicago
 The business has always been highly successful and extremely profitable. net ting from 30 to 50 per cent annually on the investment and realizing the excep- tionally bright and prosperous future for the range cattle industry and trench dous earnings from same. which can be enlarged by increasing our present out put without greatly increasing the ex- penses, was the object in incorporating.
 The Harris Cattle Company, which is capitalized for 900, divided into 100,- 900 shares of the par value of sb.0O each. of which 60,000 share or s300,000 is paid in and the balance of S40,000 shares were placed in the treasury for the purchase of bonded properties. to enlarge their tie.
 Through a knowledge or what has been accomplished in the past and Of the re- to make a most extraordinary statement, namely, that we will offer for immediate subscription at par $500 per share, any part of 4oooo shares or the Sts above to issue
 
 a dividend of 12 per cent per annum, payable quarterly, January, April, July and October. of each year. payments of which will be certified to on each cer- tificate of stock.
 The entire assets, both present and to be acquired, will be available for the of earnnE n the above can be declared or paid on outstanding issue of 60,000 shares which include all the stock owned by the officers and orig f~.1 r4<a t.NI1 r.f 4tA ff..re showing that we have the utmost con- f1denee in the earning capacity of the company. In addition to the guaranteed dividends, extra dividends will be paid, netting fully 30 to 40 per cent annually as will be shown.
 There are two modes of investment in range cattle, one the ''steer' or beef or breeding investment, both of which are extremely profitable, as will be shown by the following statements:
 The cattle by increasing in weight and number, whose Increase Is fully 85 per cent, are continually adding to the value of our security, which Is of character that can be realized on for cash at any time, hence there Is no chance for depreciation in the val ue of our security. Something that cannot be done with many other se- curities.
 In the steer investment yearling steers are purchased in the spring at Sl5.00 to s1S.0O per head, according to the quality, branded and turned into large pastures to graze on the most nutritious grasses grown in the United States. until fall, when they are rounded up and put in the timber, which affords them the best of shelter. and fed hay during the winter, keeping them growing all the time. and preventing any losses, and fin the spring they are in prime condition, sleek and fat ready to turn out in the pastures again. and are not like cattle
 ssf Rvsr s yaes taken Rs ss whds WI hs will not exceed per cent. which is prac- tically nothing.
 We always feed hay during the winter, ing cattle one to two years earlier than having % far better cattle. ~ ''
 After two winters. at a cost not ex- ciudes taxes and all running expenses), makes a steer ready for market cost, at the outside, $25.00.
 The. average price hay fed cattle have sold for on the Chicago market for the past twenty years has been from 5000 to 5000 per head, and at present good hay fed cattle are bringing from $65 500 to S75.00 per head, or a net profit of s25O0 to 5000 on every. steer, or S5 to 50 per cent. on the investment as the following statement will show:
 Statement.
 By $500 beef cattle at $50
 per head, allowing
 per cent. for possible
 loss, which does not
 exceed 2 per cent ..-............ $19o. 00O. % To 400 head yearling
 steers at $1s......... S72 000.O0
 Wintering two winters
 at $3.50 per head,
 which includes taxes.
 wages and all run