FARMING IN SOUTHWESTEEN KENTUCKY. 13 



The small successful farms varied in type much more than large 

 farms. Some of them specialized on dairying. One farm, 83 acres 

 in size, specialized on meadow hay and made a labor income of $884. 



The 89-acre tobacco farm just analyzed made about the average 

 yield of tobacco. The price obtained, however, was 8| cents per 

 pound, which was much higher than the average for that year. This 

 shows that the tobacco must have been of good quality. 



It will be noted that while the main source of income was tobacco, 

 five other sources contributed materially to the farm income. Suc- 

 cess on a small farm depends much on making the minor enterprises 

 contribute to the income. 



A 138-ACRE DIVERSIFIED DAIRY FARM. 



Improved land area acres 136 



Crop area do 97 



Pasture area do 39 



Business statement : 



A'alue of owned land (135 acres) $13,500.00 



Value of rented land (8 acres) 600. 00 



Working capital 2, 975. 00 



Receipts 2, 404.00 



Expenses 952. 00 



Farm income 1, 452. 00 



5 per cent interest on investment 839. 00 



Labor income 613. 00 



Per cent of 



Crops : Acres. Yields. crop area. 



Corn 40 32 bushels. 41 



Wheat - 30 13 bushels. 31 



Meadow 8 IJ tons. 8 



Tobacco 12 857 pounds. 7 



Miscellaneous crops . 12 13 



Number per 

 100 acres of 

 improved 

 Live stock: Number. land. 



Cows 10 7. 4 



Young stock 8 5. 9 



Bull 1 



Hogs 17 12. 5 



Poultry -r 100 74. 



Man labor: Approximately ,740 days of man labor were required. The op- 

 erator and one year hand, with some help by the family, did the labor* on this 

 farm. The total labor employed was the equivalent of about 2.7 year hands. 



Horse labor : Approximately 550 days of horse labor were required for the 

 work on this farm. Two horses and three mules were kept on the farm. 



Capital : The land was valued at $100 per acre. The working capital was 

 $2,975', or about $22 per acre of improved land. 



The distribution of working capital was as follows : 



Live stock $1, 684 



Machinery 366 



Feed and supplies 625 



Cash to. run business 300 



