102 



OREGON FARMER 



Average Gross Gash Income. 



The average gross income on the different sized farms is found in 

 the foregoing table. It is based on 1,544 reports. The smallest 

 farm averaging 13 acres, shows a cash income of $1,738.00, and the 

 largest, 532 acres, $6,938.00. The last average is based on the larger 

 number of reports, and may, therefore, be regarded as the most 

 reliable. The gross income includes only cash sales of products, 

 and, in a few instances, returns for outside labor. No account was 

 taken of the products used by the family, and sales of land and other 

 capital goods were excluded. 



AVERAGE CAPITAL INVESTED 1911-12. 



Average Investment. 



In the capital invested is 

 included land, buildings, live 

 stock, implements, and a mod- 

 erate cash balance. Household 

 goods, automobiles, and per- 

 sonal property not connected 

 with the business end of farming 

 are excluded. When the dwell- 

 ing was reported above a fair 

 proportion of the total invest- 

 ment, the excess was deducted, 

 since only a reasonable amount 

 should be charged to the busi- 

 ness. This often happened on 

 the small farms, where a $3,000 

 to $5,000 dwelling is not un- 

 common in some parts of the state. As will be seen from above 

 table, by far the greater part of the capital is invested in land. 

 As would be expected, this varies almost directly as the size of the 

 farm increases, even in spite of the high valuation of the land in 

 the small acreage farms. 



