Ultrasonic propagation properties play a vital role, as they throw light on molecular architecture and cellular assembly of the living system, in understanding the physiological reality of the system which is involved in the life processes. The present investigation on compressional wave velocity of cancellous bone (Scapula and rib) and compact bone (femur) by adopting compensated ultrasonic timer technique, reveals that in cancellous bone tissue (scapula and rib), ultrasonic compressional wave velocity is the same, but it is relatively more than that of compact bone (femur). Considering the values of compressional wave velocity obtained for scapula, rib and femur, when measured at different places of the same sample along its axis, there exit no definite relations between the parameters related to the composition the bone and the parameters concerned with the propagating ultrasonic wave in the tissue. The compressional wave velocity in bovine scapula, rib and femur bones is more than those reported for soft tissues and hard calcified derivatives of integuments. It is interesting to note that the velocity in the bone is high when compared to other tissue of the same animal.