8 



r.\i\KHsriv OF New Hampshire 



[Sta. Bull. 322 



DOLLARS PEB HUNDRED 

 POUNDS Of AMLK 



aoc - 



240 



150 



J» 

 



DOLLARS PER TON 

 OF GRAIN 



1931 I 1932 I 1933 



30 



-20 



l»2« 



1927 



1920 



1930 



1934 



1935 



F'lGiRK 4. Prices uf Huid and surplus milk at Colebrook, and of a 20% 



dairy grain ration, 1926-35. 



The section between the vertical dotted lines indicates the prices during the 

 period studied. 



DOLLARS PER HUNDRED 

 POUNDS OF POTATOES 



&00 



uo 



2«0 



IW 

 LM 

 JO 



M 



^ 



r^ 



'-'^ 



I I M I I I I M I 



Mill 

 1928 



M ' I I 

 1929 



Mill 

 1930 



Mill 

 IVI 



I II II 

 1932 



Mill 

 1934 



1926 I 1927 I 1928 I 1929 I 1930 I IVI I 1931 I 1933 



Figure 5. Potato prices on Boston market, 1926-35 



„.ction between the vcr 



grown during the period studied 



TTTTT 

 1935 



The section between the vertical dotted lines indicates the prices for the crop 



One may wonder how these farm o])erators mana<:^ecl to live on 

 $186 for the year. The answer is that they did not. Some of the 

 men were not in debt and had the full return.s for both cajiital and 

 labor. Others had only .small interest ])ayments to make. Those 

 heavily in debt had to increase their indebtedness — unfortunately 

 this t(»ok a serious toll of the younj^er aj^j^ressive farmers who had 

 not yet become established. .\n examination of the expense detail 

 also reveals a decrease in inventory and an allowance for deprecia- 

 tion of buildinfjs. This indicates that the men were draw in^- on llieir 

 cajiital to some extent. 



The Price Situation in Period of Study 



The farms were, imder observation in a depression ])eriod aiul the 

 o])eratr)rs wore faced with discoura^'inq; jirices for their products. 



