In Punta Arenas everybody seemed able and willing to talk about sheep. Men who owned large herds were in all cases enthusiastic over the present outlook of the business, but their figures were a trifle less booming than those of Gov. Mayer. Thus one man who was manager for a French company owning something over 100,000 sheep, with the necessary horses, said that they made three francs on every head clear of all expenses from the sale of wool alone. The increase of the lambs averaged about 90 per cent. of the ewes, and this was an additional profit. When told that estimates made up the coast called for 100 per cent. increase, he replied that that could be had only where labor was abundant enough to care for the lambs when first dropped. The lamb at birth does not know anything--not even its own mother. Even on finding her by accident it does not know where to get its natural nourishment, but is as likely to suckle a lock of wool as the teat. Such helpless beings need great care, though after a week or so they require no more attention. The long-wooled varieties of sheep are in favor. The lowest average of wool sheared is said to be 7 pounds per sheep. A printed table of statistics which the manager carried showed that the average yield in 1889 in all the Argentine was 4.4 pounds, while that of the United States was exactly that of the lowest yield of his flock--7 pounds. His range was considered poorer than the average, but it had sustained two sheep to the hectare--one sheep on an acre and a quarter of the range. The great difficulty that owners of large herds had in making profits, he said, was in finding laborers competent to do the work. The one disease to which Patagonia sheep are liable is the scab. This is kept under by dipping them in various kinds of baths, the expense for the bath running from $80 to $90 gold per year for every 1000 sheep. The next greatest expense is for the killing of panthers. Every shepherd carries a carbine, and must be supplied with all the cartridges he wants. These rifles sell for less money in Punta Arenas stores than in New York gun-shops, but the annual expense for rifles and cartridges on some ranches is very great. Foxes and a species of wild-cat make havoc with the young lambs, and so these must be exterminated, too. What with hunting down vermin and looking after the sheep to keep them on the range and to dip them for the scab, the French manager had to employ a man for every 2500 sheep in his flock. On the whole, his flocks, numbering a little over 100,000 sheep, cost the company 200,000 francs per year, while the sale of the last clip yielded 500,000 francs, and the price was not high. In his judgment, it would be a very poor business man who, after starting with a good outfit and 1000 ewes on the Patagonia range, did not attain an income of $20,000 gold a year at the end of ten years.