December, 1931] Dairy Farming in Grafton County 



Table 34 — Summary of farm business, 23 tenant farms. 



47 



Farm. 



Operator. 



Landlord. 



Average capital 



Real estate 



Livestock 



Farm motor 



Milking- machine 



Other farm macliinery 



Feed and supplies 



Cash 



Total capital 



Receipts 



Dairy products 



Eggs 



Livestock (including meat) 



Crops 



Miscellaneous 



Rent 



Increased value of livestock 



Increased value feed and supplies. 



Total receipts 



Expenses* 



Feed and bedding, purchased 



Hired labor and board 



Unpaid labor and board 



Livestock, purchased 



Farm motors, repairs, etc 



Milking machine, repairs, etc 



Other farm machinerj^ repairs, etc. 



Buildings, repairs, etc 



Gas and oil 



Miscellaneous expenses 



Rent 



Taxes 



Insurance 



Total expenses 



Farm income 



Interest on total capital at 5% 



Labor income 



Privileges 



Labor earnings 



Value of operator's time 



Return on capital 



Per cent return 



* Decreases in inventory of livestock or supplies are not included here. They 

 were deducted from the increases to get the net increases in receipts. 



dicapped. Only the larger units as found today are likely to be com- 

 mensurate with the average operator's ability. Some farmers have 

 recognized this fact and have moved to larger places, purchased addi- 

 tional land, or combined their farms with others. 



