TEN" DAIRY FARMS IN BLUEGRASS REGION OP KENTUCKY. 9 



FARM NO. 5. 



Size of farm... acres. . 51 



Number of cows 15 



Number of other animal units 11 



Total capital $8, 843 



Working capital 2, 786 



Total receipts 5, 449 



Keceipts from dairy 3, 405 



Expenses 1, 811 



Farm income ,_ rrrr , r .. 3,638 



Labor income 3, 196 



This farm shows the possibility of profitable dairying on a small 

 farm with a small amount of capital invested, and on which about 

 all the labor is done by the operator and his family. Here, again, 

 high business efficiency was shown in that operating expenses were 

 but 33 per cent of receipts and the labor income was among the 

 highest of the group. This farmer has to buy more than the usual 

 quantity of feed, which cost him about $25 per cow. The receipts 

 per cow were unusually high. This was due, no doubt, to high 

 quality of cows kept and to the fact that he milked the cows himself. 

 The milk was retailed at 8 to 10 cents per quart and the cream at 

 $1 per gallon. This farmer raised 3| acres of tobacco, which he sold 

 for about $500. He sold 5 cows for $55 per head and bought better 

 ones for $65 per head. Sales from poultry were $80, and a colt 

 was raised which increased in value $115. This farmer has been a, 

 farm laborer 7 years, a tenant 10 years, and an owner 8 years. He is 

 now 40 years old. He owns 40 acres and rents 11 acres additional 

 for hay. Twenty-five acres were devoted to permanent bluegrass 

 pasture; the remainder, besides 2 acres counted as waste, were in 

 crops. 



FARM NO. 6. 



Size of farm acres. . 86 



Number of cows 9 



Number of other animal units 33 



Total capital ... $16, 800 



Working capital 2, 675 



Total receipts 2, 982 



Receipts from dairy 2, 072 



Expenses r 1, 021 



Farm income 1, 961 



Labor income 1, 121 



This farm was only moderately successful. Profits could have been 

 increased greatly if the business had been made larger by increasing 

 the income from cows. If the operator had hired a man he could 

 have increased his herd to 20 or 25 cows and besides could have 

 raised 5 to 6 acres of tobacco instead of 2. There were no receipts 

 from hogs, although there must have been a large quantity of skim 

 milk which should have been fed on the farm. Only $75 worth of 



