6 BULLETIN 1070, U. S. DEPARTMENT OF AGRICULTURE. 
classified as dairy farmers. In 1912. 10 per cent of the receipts were 
from dairy products, and in 1918, 9 per cent. 
In Table 2 is given a summary of the farm business of 297 farms 
for 1912 and 304 farms for 1918. It shows comparisons of the size 
of farm, crop area, amount of labor, work stock, capital, receipts, 
expenses, and profits for each sized group for the two years. 
Table 2. — Summary of the farm business of 297 farms for 1912 and 304 farms for 1918, 
Catawba County, A T . C. 
Item. 
30 crop 30.1 
acres j to 50 
or I crop 
under, acres. 
50.1 Over 
to 70 70 All 
crop crop , farms, 
acres, acres. 
1918 
30 crop; 30.1 50.1 Over 
acres I to 50 to 70 70 i All 
or I crop crop crop ' farms 
under, acres, acres, acres. f 
Number of farms. 
Farm area, acres 
Crop area, acres 
Months of labor 
Number of work stock. 
Capital 
Receipts 
Expenses 
Farm income 
Interest on capital at 5 per cent 
Labor income 
Value of farmer's labor. 
Return on capital 
Farm income 
Value of unpaid family labor. 
Family income 
73 
53.5 
22.6 
15.9 
1.5 
52,855 
404 
220 
184 
143 
41 
230 
-2.0% 
I 
S184 
76 
260 
112 
90.8 
40.1 
19.3 
2.3 
62 
138. 5j 
60.0 
22.8 
50 
265.8 
105.0 
38.2 
4.8 
297 
121.1 
50.8 
22.4 
2.7 
75 
53.0 
22. 8, 
is. o: 
1.7 
125 
91.2 
39.1 
IS. 7 
2.3 
129.2 
58.5 
24.2 
3.0 
I 
244.8 
101.6 
36.0 
4 
S5.076 S7.507S13.942 S6.530 
304 
111.5 
47.9 
21.4 
2.6 
702 
395 
307 
255 
52! 
0.7% 
$307 
129 
436 
Family living supplied directh 
bv farm ' 
244 
313 
543 
453 
375 
268 
2.4% 
2.067 
1.130 
937 ; 
. 697! 
240 
271| 
4.8% 
S453 $937 $413 
148 207 133 
601 1,144 546 
919 
506 
413 
32< 
87 
260 
1 . 
S4.194 $6, 906 $10, 525 $20, 077 $8, 858 
841 1,354 2,056 3,839 1,726 
3131 538 869 1,873 741 
528| 816 1,187 1.966 
210 345 526 1.004 
318 471 66l' 962 
3.9% 
S52S 
83 
611 
418! 
6. 2% 7. 
44S 
2% 
470 
7.0% 
SS16 $1,187. SI, 966 
177 
993 
256 
1,443 
259 
2,225 
32S 
436 
677 
985 
443 
542 
417 
6.0% 
$985 
181 
1.166 
The farm income, which is the difference between total receipts 
and total expenses, averaged $413 for all farms in 1912 and $985 for 
1918; that is, the farm income was 140 per cent greater in 1918 than 
in 1912. Farm income is a good indication of the size of business and 
of the prosperity of the groups of farms studied. It shows the in- 
crease that occurred in the earning power of farms as a result of in- 
creased prices of farm. products. Considering the great drop that 
has since occurred in prices for agricultural products and the relatively 
smaller decrease in the prices of supplies the farmer requires, it is 
probable that the farmer's income for 1920 and 1921 was less than 
for 1912, 
The family income, which is a good measure of the purchasing 
power of the farmer, was about double in 1918 what it was in 1912. 
It is likely that 1918 was a year as favorable from the standpoint of 
income as the farmer may expect in the near future. 
The labor income, which represents the amount of money the far- 
mer received for his year's labor after paying all farm expenses, in- 
cluding as expenses the value of labor performed by his family, and 
