June, 1942] 



University of New Hampshire 



29 



Additional cash receipts, 46.4 cords @ $7.00 



Additional cash expense : 



Interest, $1200 @ 5% $ 60.00 



Taxes ' 33.00 



Hired labor, 31 cords @ $3.50 108.00 



$325 



201 



Additional net cash income $124 



It appears that the operator can reasonably expect at once an an- 

 nual net income of about $54 from the 114 acres of woodland. Within 

 25 to 35 years, the woodland under management, can reasonably be 

 expected to contribute about $334 to the net farm income. 



A Small Dairy Farm with Little Woodland 



Farm C 



Scattered throughout the area are a number of small dairy farms 

 with little or no woodland. The resources and organization of Farm C 

 are typical of the group. 



The farm contains 155 acres of land. Forty-eight acres are devoted 

 to crop production, 5 acres to tillable pasture, 35 acres to permanent 

 open pasture, 49 acres to wooded pasture and 18 acres to woodland. 

 Livestock kept includes 13 cows, 9 young stock, 1 bull and 2 horses 



(Table 7). 



Table 7. Present organization of Farm C 



LAND USE AND CROP PRODUCTION 



KIND 



ACRES PRODUCTION 



Total 



155 



LIVESTOCK 



KIND 



Cows 



Young 



Bulls 



Horses 



Pigs 



stock 



NUMBER 



13 

 9 

 1 

 2 

 1 



financial summary 



^ Includes purchased hay. 



Hay yields are low, making it necessary to harvest poor quality 

 hay from the pasture and to purchase standing hay on near-by land. 

 The 18 acres of woodland support merchantable timber but can hardly 



