241 



Table 6. — Relation of Capital to Profits. 



578 farms, Northern Livingston County, New York. 



Per cent of the 

 farmers making 

 labor incomes 

 Capital. of over $1000. 



$5,000 or less 7 



5,001- 7,500 11 



7,501-10,000 16 



10,001-15,000 33 



15,001-20,000 46 



20,Q01-30,000 51 



Over 30,000 50 



Relation of Amount of Labor Employed to Profits. — If we measure size 

 of business by number of men or total value of labor directed, we find the 

 same comparisons. Those farmers who do not direct at least one man 

 besides themselves do not, on the average, earn much more than farm 

 wages. Table 7 gives such a comparison for Tompkins County, New York. 

 The total value of labor directed includes the farmer's labor estimated at 

 $326 for the year, this being the average price that farmers estimated it 

 would cost to hire the labor done. If the total labor directed does not equal 

 about $650 to $700, the farm does not employ one man for full time besides 

 the farmer. 



Table 7. — Relation of Labor to Profits. 



Value of 

 total labor Labor income. 



$347 $288 



426 I 332 



557 K*432 



730 r 534 



960 f 721 



1,307 1,194 



Relation of Size of Farm to Profits. — A better measure of size of busi- 

 ness is the acres farmed or better still the acres of crops grown. Tables 

 8 and 9 give such comparisons for general farming where hay, grain, pota- 

 toes, cabbage, apples are the usual crops and where a considerable propor- 

 tion of the persons keep dairy cows. 



Table 8. — Size of Farm Related to Profits. 

 586 farms, Tompkins County, New York. 



Number of Average size Average tillable Labor 

 Acres. farms. (acres). area (acres). income. 



30 or less 30 21 18 $168 



31-60 108 49 38 254 



61-100 214 83 60 373 



101-150 143 124 88 436 



151-200. 57 177 117 635 



Over 200 34 261 160 946 



Average 103 $415 



