92 OREGON FARMER 



of total net gain. That is, the improvements and living expenses 

 are included in the net gain. 



In spite of a heavy valuation in some cases a very satisfactory 

 showing is made on practically all of the farms. It is true that 

 farmer "F" on the showing made would be money in the pocket if he 

 could sell his place at the estimated capital and invest the money at 

 interest. He shows good returns from the flock which he keeps, but 

 his account shows that his capital investment is too high. The land 

 is valued at $1,000 an acre and to make interest on that valuation 

 he must get a considerably larger revenue from his farm . But it shows 

 what may be done on an acreage of that extent. It isn't necessary 

 to invest so much money in land for poultry. 



Farmer "G" with 788 acres has $12,000 less investment than 

 farmer "F" on twelve acres, the difference being in the value of land. 

 Farmer "G" with no pretence of running a special poultry farm is 

 getting a larger net revenue from his farm than farmer "F". It 

 might of course be possible for farmer "F" to increase his flock to 

 such an extent so that he could produce on the same acreage double 

 the quantity of poultry and eggs shown in this table. So could farmer 

 "G" produce double the quantity, and he could do it at very much 

 less cost. 



Farmer "E" on land valued at $100 an acre is making very satis- 

 factory returns on 40 acres. He did it in a modest way, caring for 

 only 300 fowls, enough with a little live stock, to use up all the grain 

 produced on the place. To increase his returns it would only be 

 necessary to increase his flock and to grow more food on the farm, 

 and on the right kind of land 40 acres could produce much more feed 

 and more fowls. 



The returns from farms "E" and "F" show a great margin for 

 profit and loss, the net receipts being the same in each case, though 

 there was over four times the amount of capital in one than the 

 other. 



Farm "E" shows something of the possibilities of practical poultry- 

 keeping. This is a medium sized farm of 40 acres where poultry is 

 the principal or practically the only source of revenue and where 

 the food is all produced on the land. Farm "A" is also worthy of 

 study in the same connection. 



It is well known that the great bulk of poultry products is produced 

 on general farms where poultry keeping is a part of a system of mixed 

 husbandry. 



The results from farm "B" indicate the possibilities of profit where 

 the general farmer gives considerable attention to poultry-keeping 

 without making it the leading feature of the farm. The average 

 farm in Oregon has about 50 fowls. Farmer "B" kept 300 fowls and 

 the returns from the 300 were nearly equal to the returns from field 

 crops or live stock, and it would be an interesting point to learn the 

 comparative value of the poultry compared with the other branches 

 when their returns were figured up at the end of the year. On a 

 farm of 300 acres where grain crops were raised and milk was pro- 



