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Bulletin - Texas Agricultural Experiment Station Volume 293-304 ebook

Bulletin - Texas Agricultural Experiment Station Volume 293-304 ebook

Bulletin - Texas Agricultural Experiment Station Volume 293-304.cTexas Agricultural Station
Bulletin - Texas Agricultural Experiment Station Volume 293-304
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Author: Texas Agricultural Station
Number of Pages: 222 pages
Published Date: 01 May 2012
Publisher: Rarebooksclub.com
Publication Country: Miami Fl, United States
Language: English
ISBN: 9781231092156
File size: 46 Mb
Download Link: Bulletin - Texas Agricultural Experiment Station Volume 293-304
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This historic book may have numerous typos and missing text. Purchasers can download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1922 Excerpt: ... well deeper or of greater diameter, install a larger windmill and tower or erect a larger reservoir than is necessary. All such items increase the overhead expense of the watering system. Similar statements might be made of other forms of permanent improvements. MOVABLE CAPITAL DEFINITIONS Ranch movable capital consists of all those goods which may be moved about, increased or decreased more readily than other forms and which are employed by the ranchmen for the production of income. Because of the fact that it is movable, divisible and marketable, this class of capital is more often increased and decreased in changing the proportions of the factors of production than either land or permanent improvements. It includes livestock, crops, machinery, implements, tools and either money or credit for operating expenses. Movable capital differs from permanent improvements in that the latter are attached to the soil, are more permanent and ordinarily are sold with the land. Movable capital is unattached to the soil, is consumed within the year or the period of a few years and ordinarily is bought and sold independently of the land. The chief function of movable capital is to serve as an instrument in the hands of the ranchmen to help convert the resources of the land and permanent improvements into usable or salable goods. In a ranching section it means the conversion of natural products such as grass, weeds and browse into meat, wool, mohair and other salable products. Grazing lands are stimulated to greater production not by cultivation, but by the manipulation and control of certain factors influencing carrying capacity enumerated in Chapter VIII. The limited areas of tillable lands are sometimes cultivated for the purpose of producing supplementary feed crops....

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