Incomes of 178 New York Farms. 



141 



live-stock was $100. The fertilizer bill averaged $82 for all farms. 

 The average bill for machinery and repairs to the same was $76, 

 which is over 13 per cent, of the value of the machinery. Buildings 

 and fence repairs cost S64. Fruit farms have the largest expenses, 

 followed by dairy farms. But based on percentage of gross income, 

 expense on fruit farms is only 37%, while on dairy farms expense is 

 52% and on general farms 49%. 



Table V. — Showing the Distribution of tfie Expenses on 178 Farms — 



1906 and 1907, 



The expense for fertilizers is low on dairy farms ($28) because of the 

 amount of stock kept, a little higher on general farms ($48), and higher 

 still on fruit farms ($162). where manure is not to be had so readily 

 and where more dependence must be placed on fertilizers. Machinery 

 purchased and repairs on the same averaged on dairy and general farms 

 $67 and $68 respectively, but was considerably higher on fruit farms, 

 in accordance with the relative capitalization in machinery as shown 

 in Table III. Expense for buildings and fences follows the average 

 closely on all types. 



COMPARISON OF MOST PROFITABLE AND LEAST PROFITABLE FARMS 



In order to determine some of the reasons why some farmers made 

 a greater profit than others, the 1907 farms were divided into " most 

 profitable" and "least profitable" (Tables VI-IX). The basis of 

 division was the average percentage on the investment earned for each 

 type of farms. All farms that made more than the average of their 

 class are included under most profitable farms. 



