The period from 1870 to 1887-the era when the phrase "cattle kings" became popular-was probably the best and most profitable the cattle business has ever known. The Prairie Cattle Company paid a dividend of 42 percent. The article states that people wishing to engage in the cattle ranching business can expect a return on their investment of between 25 percent and 40 percent per year, depending upon the natural advantages they encounter when getting set up. It cites the example "of a ranchman who has now a good toe holt in the Wyoming territory, he has 50 horses, three to four hundred good cattle, three squaws and a large number of half-breed children, and is estimated to be worth $75,000."
I just thought this would give SH a good laugh!!! Sandhusker is probably trying to do the math! :roll:
I just thought this would give SH a good laugh!!! Sandhusker is probably trying to do the math! :roll: