l"ii) MASS. EXPERIiMENT STATION BULLETIN iSS 



APPENDIX. 



1. (p. 87) The ratio of value of exempt livestock aud farm implements to total 

 farm wealth was approximately the same as the ratio of total exempt property to 

 total wealth. 



2. (p. 89) The estimates were arrived at by making the following deductions: 

 Real Estate 



Small farms which were really country homes for city workers $ 12,730,000 



Overestimatioii to census enumerator 24,187,000 



Undervaluation by assessors 87,074,000 



Total 123,991.000 



Livestock 



Exempt young livestock, 10 per cent of total 2.176,000 



Exempt poultry, $15 per farm for 30,000 farms 450,000 



•Undervaluation by assessors. 25 per cent of remainder 4.783.000 



Total 7,409,000 



Implements and Machinery 



All farm tools are exempt. The estimate covers only 

 tractors and taxable machinery. 



3. (p. 89) Value of farm motor vehicles is based oti estimates of 24,000 passenger 

 cars and 8,000 trucks. It is assumed that motor vihicles on farms have increased in 

 proportion to total registration since 1920. 



4. (p. 89) Registration fees at 192t) rates averaged at least $11 per passenger car 

 and $25 per truck. 



5. (p. 90) The 1925 census reported 33,000 farms, the 1920 census only 32,000. 

 The increase was apparently in the small farms which were residences of city workers 



6. (p. Ill) The number of farms considered is too small for a fair sample of the 

 state, especially since some of the more prosperous types of farming were not included 

 in the surveys. However, the relation between income and taxes on the limited num- 

 ber of farms is about the same as for the larger number covered by the United States 

 Department of Agriculture. The towns included are typical of their section and the 

 compar'itive figures for two or more years illustrate local changes in both income 

 and taxes. 



7. (p. 116) Farming corporations include those engaged in farming and related 

 industries such as forestry, fishing, and ice harvesting. More than 80 per cent of those 

 reporting a net income are farming corporations, however. Such corporations are 

 scattered and of little importance to the industry, and the relation between taxes and 

 profits may not be typical of the industry. 



Publication of this Document appuoved by the Commission on 

 Administration and Finance. 

 5 M. 4-'27. Order 8638 



