10 
BULLETIN 1101, U. S. DEPARTMENT OF AGRICULTURE. 
In Delaware the farm property is assessed for taxation by four 
men who visit each farm. These men place a separate market value 
on the different grades of raw land, such as swamp, tillable, etc. The 
value of the buildings is appraised, as is also the market value of 
the livestock. Since values are not placed on the separate buildings 
and on cows individually by these assessors, the field man had an- 
other appraiser visit each herd and value each building and cow 
separately, using the total figures of the assessors as a basis. 
BUILDINGS. 
The first column of Table 8 shows that the 2-year average invest- 
ment in dairy buildings, including silos, was $148.14 per cow. The 
investment in buildings the first year was $111.07 per cow. The 
higher investment for the 2-year average was due to one dairyman 
constructing a barn and two tile silos which cost $25,500. The 2 -year 
average investment in buildings, not including the large barn and 
silos, would have been $100.05 per cow. This investment is also 
higher than it would have been had not a number of other barns and 
silos been erected during recent years when prices were high; also 
a number of tile silos were erected which had large initial costs. 
The depreciation of the buildings was based upon their remaining 
years of usefulness. Insurance charges were obtained from the in- 
surance agents. The cost for upkeep and repairs was obtained by 
keeping an actual record of expenditures during the year. 
The footing of the first column shows that the total of the costs 
against buildings amounted to 9.7 per cent of the capital invested in 
buildings. The other footings show corresponding percentage rela- 
tionships. 
Table 8. — Per cent relationship between " other costs " and capital invested. 
Item. 
Capital invested 
Capital invested, per cow. 
Interest 
Depreciation 
Taxes 
Insurance 
Upkeep and repairs 
Milking-machine repairs. 
Total 
Buildings. 
$78,560.82 
148. 14 
Per cent. 
4.9 
2.9 
.9 
.3 
.7 
9.7 
Equip- 
ment. 
$8, 566. 18 
16.15 
Per cent. 
5.3 
22.3 
Cattle. 
$82, 158. 00 
154. 93 
Per cent. 
6.0 
8.1 
15.4 
Total. 
),285.00 
319.22 
1 Per cent which the expenses listed hear to total investment. 
EQUIPMENT. 
A monthly record of repairs and renewals of equipment was kept. 
The amounts spent for dairy supplies were also recorded monthly and 
amounted during the year to 69 cents per cow. 
