No. 4.] FACTORS IN SUCCESSFUL FARMING. 



59 



Table 6. — Comparison of Profits on Same 578 Farms. 



Capital. 



Per Cent of the 



Farmers making 



Labor Incomes 



of Over $1,000. 



15.000 or less, . 



15.001 to S7,500, 

 $7,501 to $10,000, 



$10,001 to $15,000, 

 $15,001 to $20,000, 

 $20,001 to $30,000, 

 Over $30,000, 



7 

 11 

 16 

 33 

 46 

 51 

 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 them- 

 selves do not, on the average, earn much more than farm 

 wages. Table 7 gives such a comparison for Tompkins 

 County, ]^. Y. The total value of labor directed includes 

 the farmer's labor, estimated at $326 for the year, this be- 

 ing 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 

 hired man for full time besides the farmer. 



Table 7. — Relation of Labor to Profits. 



Value of Total Labor. 



Labor Income. 



$347, 

 426, 

 557, 

 730, 

 960, 



1,307, 



$288 

 332 

 432 

 534 

 721 



1,194 



Relation of Size of Farm to Profits. — A better measure 

 of size of business is the acreage farmed, or better still, the 



