8 BULLETIN 5S2, U. S. DEPARTMENT OF AGRICULTURE. 
low rate of interest until he can buy outright, rather than borrow 
money at 8 per cent in order to buy. The savings from the opera- 
tion of larger farms could perhaps be loaned at 8 per cent to trust- 
worthy neighbors desirous of buying at the time, and thus earn 
double the interest which would have been paid if put into the bank. 
So far as the writer was able to discover, recent purchases of farm 
land in the Provo area, when made by farmers who had acquired the 
money by farm operations, usually have been effected by men op- 
erating units larger than those in the first groups of Tables 1 and 2 ; 
that is, the small owners and small owners with additional rented 
land. In other words, these purchases have been made by men 
operating larger farms. 
"While a large part of the farm income in this section is available 
for living expenses and savings, practically all so available to the 
small operators is used for living expenses, and very little reaches the 
savings account in the bank. This is another argument in favor 
of the men with limited capital renting land rather than buying in 
this area at the present time. It enables them to farm a larger area. 
DISTRIBUTION OF RECEIPTS. 
Tables 5 and 6 present the distribution of farm receipts under the 
different headings. Practically six-tenths of the total receipts in the 
first two groups in Table 5 and the first in Table 6 come from crops. 
The second division of Table 6 agrees with the others if the four 
live-stock farms included in it are omitted. If the increase in inven- 
tory owing to new machinery bought and improvements made is 
excluded from the receipts and expenses, the proportion of receipts 
from crops in these groups is practically two-thirds of the total. 
In these divisions receipts from stock and stock products average 
low except in the second division of Table 6, which contains four 
live-stock farms. Without them this group does not vary from the 
others mentioned above. One-half of the percentage under " In- 
crease of inventory " in groups one and two, Table 5, and group two, 
Table 6, are due to improvements and new machinery. Xothing 
under this head enters into the figure for the first division of the 
second table. The bulk of the miscellaneous receipts of the small 
operators and of the large owners (fruit and general farms) comes 
from outside labor. 
The live-stock farms in Table 5 secure one-fourth of their receipts 
from crop sales, one-half from sales of stock and stock products, and 
virtually one-fourth from increase of inventory. One third of the 
last is due to new machinery and improvements. 
The fourth group in Table 6 presents the distribution of the re- 
ceipts for all 97 farms operated by owners and owners with additional 
