FARM PROFITS. 



47 



averaged $408, ranging from $56 -in 1914 to $1,075 in 1917. The 

 return on farm capital averaged 4.7 per cent, ranging from less than 

 3 per cent in 1914 and 1915, to 7.7 per cent in 1917. Beginning 

 with the year 1916, prices of farm products sold showed a marked 



UNPAID 

 FAMILY LABORl 



HIRED LABOR 



FEED [ 



PURCHASED 



2 OTHER BLDGS." 



JTAXES AND INSURANCE 



3REPAIRSAND/»"0'j'SE 



3depreciat'nj 2 .°™ e ^ r 



(.^machinery £££jmachine work hired 



JsEED PURCHASED f^ALL OTHER 



YEAR 



AVERAGE 

 EXPENSES 

 IN DOLLARS 



1913 



1914 



1915 



1916 



1917 



882 



906 



917 



1,043 



1,288 



5 YEAR 

 AVERAGE 



1,007 



YEAR 



AVERAGE 

 EXPENSES 

 IN DOLLARS 



Fig. 17. — Distribution of expenses on 60 farms in Verona and adjoining townships, Dane County, Wis. 

 Family labor is a considerable item on these farms. The poor com yield in 1915 and 1917 (see Table IX) 

 made an increased feed expense necessary for these years. Expenses increased 46 per cent over the 

 period of study, but the relative importance of the various items made only slight change. 



