December, 1931] Daiky Farming in Geafton County 



81 



Table 70 — Relation of education to labor income. 



Average. 



School.* 



Number 



of 

 farms. 



Man work 



units 

 per farm. 



Man work 



units 

 per man. 



Produc- 

 tion 

 index. 



Output 

 index. 



Local district school only 146 



More than district school 92 



387 

 490 



214 

 256 



95 

 103 



89 



114 



Other averages. 



A 



Value of buildings. 



House. 



Barn. 



Milk Hours Tons Labor 



cost labor milk in- 



per cwt. per cow. per man. come. 



Local district .school onlv $1,675 $1,399 $2.67 132 21 $187 



More than district school $2,361 $1,997 $2.50 124 26 $452 



* This information was obtained definitely for only 238 operators. 



More than district school means that the person had had some experience 

 in high school, some business school training-, or a term or two in two-year col- 

 lege work, etc. It does not mean completing any definite length of time or any 

 course of study. 



Summary of Business Analyses 



Size, Efficiency, Production and the Price of Milk 



These are all important factors influencing the profits of the farm 

 business. In Table 71 all farms Avere grouped on the basis of the 

 numbers of these factors that were average or better. There were 52 

 farms on which not one of these factors was equal to the average of the 

 region. The average labor income for the group was — $406. There 

 was only one farm out of this number which got a labor income as high 

 as $500. 



Table 71 — Effect on labor income of keeping certain selected factors up to the 



average for the whole group. 



* The factors used were as follows: (1) man work units, per farm, meas- 

 uring size; (2) man work units per man, measuring efficiency; (3) pounds of 

 milk per cow measuring production; and (4) price per hundredweight of milk, 

 measuring the market price. The averages for these are shown in the last line 

 of table. 



