FARM MANAGEMENT 



acres, averaging 261 acres, made interest on their money 

 and about $80 per month for their time. Not only are 

 the averages poor, but the chances of an individual are 

 also poor on small farms. Of 352 farmers on farms of less 

 than 101 acres, only 9 made labor incomes as high as $1000, 

 but nearly one-third of those on the 200-acre farms made 

 over $1000. 



The farms of over 200 acres are not bonanza farms, 

 they are none too large for family-farms. They provide 

 work for two to three persons. On the average, they had 

 about one hired-man per farm. 



Similar records were secured for 578 farms in the north- 

 ern part of Livingston County, New York. This is a 

 region with rich soils and very prosperous conditions. 

 The farmers with less than 51 acres made less than hired- 

 man's wages. Those with over 200 acres, averaging 305 

 acres, made an average labor income of $1082, or $90 per 

 month. (Table 37 and Figure 62.) 



TABLE 37. SIZE OF FARM RELATED TO PROFITS, 578 FARMS, 



LIVINGSTON COUNTY, NEW YORK 



Not only are the average labor incomes much larger on 

 the larger farms, but the chances of making a good profit 

 are much better. No size of farm is large enough to insure 

 a profit. Some persons on large farms have failed to make 



