38 THE NEW BUSINESS OF FARMING 



Let us figure on the additional profit which 

 this diversification brought to him. 



If his cows had done as well as those on Farm 

 No. 1 he would have received for milk at whole- 

 sale $3,900.00. If his stock had sold for the 

 same price as those on Farm No. 1 he would 

 have had a cattle income of $750.00. The mis- 

 cellaneous items would have remained the same, 

 giving total receipts of 



Expenses $5,291.00 



Farm Income 1,890.00 



$3,401.00 



Interest $1,089.00 



Family labor 100.00 



1,189.00 



Labor income $2,212.00 



The diversity of retailing the milk and raising 

 pure-bred stock made an additional profit of 

 $4,005.00. 



These are extreme cases and must not be 

 taken as typical, but they serve to show the ad- 



