Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1916-04-10
Return of PIP Per Cent on
Total investment Is Obtain
ed in -Four and Half Months
Of Lamb Feeding Season.
REVOLUTION CERTAIN IN
ST0CKRAISING METHODS
Possibilities for Development
Of Upper Rio Grande VAL
ley Under New System Are
Now Almost Unlimited.

Frank a. IIubbell. who started out
last November TO prove to the stock
raisers and farmers Of New Mexico
that feeding stock for the market can
be successfully conducted IN this state,
ana especially In the Rio Grande val
Hey around Albuquerque. yesterday
gave out In detail the result of his
experiment. The figures. contained
In a tabulated statement appearing ON
this page, are eloquent, for they prove
conclusyely all that Mr.. Hubbell has
contendcd and point the way TO a
complete revolution in stock feeding
and farming methods IN this valley
and elsewhere In New Mexico, which
means An era of prosperity for the
state hitherto never thought to be
possible.
Mr.. lIubbeIl has been interested IN
the subject of feeding not only for
what II meant to him but for the eff
feet that II would have in inducing
other stockgrowers to follow his ex-
ample and for the influence that 1t
would exert on the development Of
this section OF the country lie has
essayed the role Of pioneer ana has
blazed the trail for others to follow
Big Profit shown.
When he undertook to make this
experiment Mr.. Hubbcll saw to II that
a strict account was kept OF the small
est detail of the expense involved, for
he wanted TO have an unanswerabIe
argument to present TO those who
might doubt the feasibility OF his
methods.
The time covered by the feeding
process was approximately four and
half months. On November l5. 81
DIG lambs Of an average weight of SIS
pounds each were put into the feeding
pens at the llubbell ranch south of
the city. The price of tho lambs at
the time the fattening began was
$3.50 per hundredweight. Early in
April these lambs. or practically ali
OF them averaging in weight so pounds
each, were sold In Kansas city at
$l026 per hundredweight
Adding to the amount Of Si0.iS2.20
paid for the lambs, the total expendi-
ture made on them from every source
during the four ana n hall months OF
fattcning, including the freight on the
shipment 10 Kansas city. the total in
vestment was $2O,5e0.77. The lambs
brought in Kansas City $40, t60.6S.
leaving net profit of $5599.91, or
27,2 per cent in little more than "A
third Of n year. The total cost per
head including the price paid for the
stock itself and the amount spent In
was SG.S6 and the price re-
eeivcd Ss,79. leaving net profit per
head Of $1.S7.
Others Can DO Likewise.
Mr.. Hubbell was in "A genial frame
of mind yesterday in discussing these
figures. and was evidently much graf
flied at the showing he had made. Il
knew 1t could be DONE he said. II
have never had the slightest doubt on
the subject. what have been par !,
anxious TO do was to prove
60 others what | already knew, and |
think that by these figures | have
pretty well done IT,
Somehow Tie idea has seemed to
prevail that fattcnng stock for the
market could not be conducted suc-
eessfully In New Mexico he contin- |
ued, "What | have done here is pos |
sible, SO far as the percentage of |
profit IL concerned, for any farmer IN
New Mexico. II is a farming proposi- I
ton pure and simple The man with
the small ranch can raise the money |
from the bank TO buy his stock, and /
then by the judicious use of his own !
farm produce and his own labor can
pay the money back in a few months
and have a handsome sum left to I
start on again next year.
Il propose to give the widest pub
hciiy possible TO the result Of this ex-
pertinent" he added, for l want to |
see this valley and the whole state of
New Mexico developed | want to see
our people come into their own. | /
want them to keep the money at home /
that has been going abroad and
want 10 see more lahorers at work on |
the farms of this state. That's what |
feeding at home neans--prosperity |
and population for the entire state"