FARM-MANAGEMENT SUEVEY OF REPRESENTATIVE AREAS. 



31 



The live-stock men had a larger area and more capital and were 

 receiving a much higher labor income. The average income of the 



HIGH A WO LOW A>/?/C£S OF CAS// OATS, 8YMOA/T//S, 4 T T//SC///CAGO A7A/?/f£r, 

 /903 TO/3/2, /A/C/.OS/VZ' . 



MG//AA/0 LOW/*/?/C£S O^CA^S// CO&A/, &r ATOA/nVS^T T//SC///CAGO A?A/?/rsr, 

 /903 TO /9/a, /A/Cl(/S/V£ . 



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Fig. 7. — Chart showing the fluctuation in the prices of oats and corn in the Chicago 

 market from 1903 to 1912, inclusive. (Data from the Live-Stock Daily Drovers' 

 Journal.) 



crop farmer was $28 per farm, and of the live-stock men $755. This 

 wide difference in favor of the live-stock farmer holds true in each 

 of the States. 



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Fig. 8. — Chart showing the fluctuation in the prices of hogs, steers, and sheep in the 

 Chicago market from 1S93 to 1912, inclusive. (Data from the Live-Stock Daily 

 Drovers' Journal.) 



In the case of the tenant farms, the results of which are given in 

 Table XXIV, the conclusions are practically the same. The data 



