Help with this tag please

Hill Billy

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Since you are in Kentucky, this may specifically apply to your find:

"The Bourbon Stockyards, which began at the Bourbon House, a hotel for farmers located between Washington Street and Story Avenue in Louisville (Kentucky), was the oldest continuously operating stockyard in the United States. In 1864 a new facility closer to the railroad was built at Main and Johnson streets. It was incorporated as Bourbon Stock Yard Company in 1875. By the late 1800s it included a modern public market with docks, offices, and other services allowing the company to dominate the Kentucky cattle market for the next century. In the first half of the 20th century the plant was expanded to correspond with the extension of the Louisville cattle market, but by mid-century the market declined due to a change from the railroad to trucking as the major mode of transportation. From the 1960s until the yards closed in 1999, improvements were made to better serve small local farmers."

Don....
Source:
http://special.library.louisville.edu/display-collection.asp?ID=671
 

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As I look at the pic, I envision seeing an "E" under the "Y" in "yard" (the last letter in 'Louisville') followed by a space then two more letters that I've guessed as KY, for Kentucky, abbreviated.
 

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The small piece looks like a couple of snaps snapped together...
Baggins
 

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Mackaydon said:
As I look at the pic, I envision seeing an "E" under the "Y" in "yard" (the last letter in 'Louisville') followed by a space then two more letters that I've guessed as KY, for Kentucky, abbreviated.
You are correct,the top half of KY can be seen as well as the top of an E.Un fortunately the whole tag is not there.I am 40 miles or so from Lville so I would assume your iD is correct.We've had cattle roaming this farm for many years. It's an interesting find. Thanks HB
 

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