8 SUEVEY OF FOUR TOWNSHIPS IN SOUTHERN NEW HAMPSHIRE. 



item varies somewhat in the different towns, but the percentage or 

 proportionate amount in each item is practically identical. In a 

 survey of 178 farms in the State of New York, by Mr. M. C. Burritt, 

 the results of which are published in Bulletin 271 of the Cornell 

 University Agricultural Experiment Station, he found that the 

 average farmer had invested 77 per cent in real estate, 14 per cent in 

 live stock, 5 per cent in machinery and tools, and 4 per cent in 

 miscellaneous items. 



Table 111.— Average distribution of profits on 266 farms in their relation to capital 



invested. 



Labor income. 



From 

 From 

 From 

 From 

 From 

 From 

 From 



-$000 to 

 to 

 201 to 

 401 to 

 601 to 

 801 to 1,000. 

 1,001 to 2,000. 



-$1. 

 200. 

 400. 

 (iOO. 

 800. 



The distribution of profits in Table III shows that some farmers are 

 receiving very good salaries for their work, while on the other hand 

 nearly one-third of them receive an income insufficient to pay 5 per 

 cent on the capital invested, to say nothing of additional pay for 

 their own time and labor. The statement of some farmers that they 

 work for nothing is shown to be true in many cases. 



Table IV. — Average income from different sources on 266 farms, by towns. 



Source of income. 



Crop: 



Apples 



Potatoes 



Hay 



Lumber and wood . . 

 Miscellaneous crops. 



Total crop receipts . 



Live stock and miscellaneous: 



Sales of live stock 



Milk and butter 



Eggs 



Inventory increase 



Outside labor 



Summary — (percentages): 



Crops 



Live stock 



Live-stock products 



Inventory increase 



Outside labor 



Table IV shows from what crops the average farmer in the portion 

 of New Hampshire under consideration receives most of liis income. 

 The receipts from lumber and wood are significant of the area of un- 

 improved land. The fact that the two towns of Holhs and Lynde- 



[Cir. 75] 



