24 BULLETIN 678, U. S. DEPARTMENT OF AGRICULTURE. 



One wage hand was hired for the year, and $700 was spent for 

 extra labor. No commercial fertilizer or manure was bought. Two 

 hundred and sixty-three acres devoted to field crops were generally 

 level, the remainder being hilly and much of it in woods. On the 

 whole this was a well-organized business for the kind of land and 

 location. 



FARM 7.— A 50-ACRE DAIRY FARM. 



Farm 7 illustrates a well-organized dairy business on a small-sized 

 farm. The location is 6 miles from Louisville. The land is of good 

 quality and is valued at S350 per acre. Crop yields were 55 per cent 

 above the average. Ten acres were in pasture. The business showed : 



Total capital :..... '$15,300 



Working capital 5, 300 



Number of cows 48 



Total receipts 8, 700 



Total expenses 4, 200 



Receipts from dairy 7, 700 



Receipts from truck and potatoes 375 



Labor income 3, 700 



The crops were — 



Corn, 10 acres 400 bushels. 



Potatoes, 5 acres 150 barrels. 



Oats, 12 acres 36 tons. 



Timothy, 6 acres 10 tons. 



Sorghum and cane (soiling crops i 5 acres. 



Onions 5 acre. 



Feed bought cost $2,000, of which $1,800 was for bran and cotton- 

 seed meal. 



This farmer owned 25 acres and rented 25 acres additional for $450 

 cash. The labor cost was about $1,300. Two regular hands were 

 employed and $300 represented family labor. 



An excellent quality of business is shown by the fact that receipts 

 per cow were $160. About 26,000 gallons of milk were sold at an 

 average price of nearly 28 cents per gallon. 



1 This includes the value of the owner's land only. 



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WASHINGTON : GOVERNMENT PRINTING OFFICE : 1918 



