12 



BULLETIN 716, U. S. DEPARTMENT OF AGEICULTTJRE. 



])rove a source of valuable suggestion to other farmers of the comj 

 munitj^ The greater part of the following discussion centers arounci 

 this group of 25 farms. ' 



i 



SUMMARY OF THE FARM BUSINESS. j 



A brief summary of the business conducted on these farms is pre 

 sented in Table I. The data shown are averages for the 25 farms foil 

 each year from 1912 to 1916, with the five-year average in the lasl 

 column. 



Table I. — Svmmanj of the farm bnsiness of 25 fanns for a period of five yearn 

 1912-1916 (Palmer ToirnsMp, Washiiif/to)} County, Ohio). ' 



Item. 



Averages, all farms, by years. 



1913 



1916 



Five- 

 year 

 average I 



Farm area acres 



Crop area do. . 



Number of productive animal units 



Number of work stock 



Investment 



Receipts 



Expenses 



Farm income 



Interest on investment, at 5 per cent 



Labor income 



Value of farmer's labor 



Per cent on investment a 



Farm income 



Value of unpaid family labor 



Family income b 



Interest paid on indebtedness 



Amount available for familj' living 



Crop yields per cent 



Receipts per animal unit do. . 



Price received for farm products do. . 



Quantity of farm products sold do. . 



158 



44 



13.5 



2.6 



156 



42 



14.4 



2.7 



156 



39 



15.3 



2.6 



154 



44 



14.9 



2.8 



16.1 

 2.7 



Ifl 



i 

 14. 1 

 2.i 



3,087 

 868 

 412 

 456 

 304 

 152 



5,214 

 796 

 375 

 421 

 311 

 110 



,422 

 934 

 4:3 

 511 

 321 

 190 



,527 

 916 

 4.30 

 486 

 326 

 160 



$6,639 



1,112 



456 



656 



332 

 324 



2.8 



$281 

 2.2 



$295 

 3.4 



5.4 



$465 

 86 



542 

 19 



523 



$421 

 85 



506 

 19 



487 



$511 

 92 



603 

 14 



589 



90 

 576 



12 

 564 



$656 



82 



738 



6 



732 





Percentage of five-year average 





110 ! 89 



94 



106 



101 



93 



97 



99 



98 



113 



91 



98 



99 



100 



112 



108 



81 



101 



101 



109 



a After deducting fanner's labor from farm iiicome. 



b The sum of farm income and value of unpaid family labor, or the amount available for family li\m 

 had there been no interest to pay. 



For the fi^'e-year period the farms averaged 156 acres, with al 

 most one-fourth of the area in woodland and wasteland. The sur 

 face features being somewhat hilly or broken, only 43 acres per farn 

 were used in producing crops, with about one-half of the farm are; 

 left for pasture land. Most of the crops were fed to the stock kep' 

 on these farms. There were 2.7 work horses per farm and othe 

 live stock equivalent to 14.9 horses or cows, cattle comprising, mon 

 than one-half of all the productive live stock. 



The farms were worth about $30 per acre, and this, with the valu* 

 of the live stock, machinery, etc., represented a faiin investment o; 



i 



