Show milk A mainstay of I farm income MILLIONS or dollard 1933 F T D an T 9 9 0 1934 1935 kv 1 1 kv Z ing 1936 wk ta v 1 0 kv WO 1417 19 3 7 T fg TN 4 1475 1 1 Z v ua kv I 1 of the dairy industry to ABILITY maintain cash payments to farmers for milk and employee payrolls is evidence says the milk industry foundation that this 3 billion dollar industry is a mainstay of agricultural and industrial purchasing power during periods of recession milk the largest source of farm cash income was also the only major farm commodity except cotton to return farmers more cash in january than the same month of 1937 farm cash income from milk of 0 tor for january was the largest for the month in eig eight ht years and per cent greater than in january 1937 total farm cash from ot jot all other farm products was down 10 per cent total farm cash income from milk tor for the twelve months of 1937 was an increase of over 1936 and greater than the low ot of 1932 an important factor in the steady increase of dairy farm income results from the axiom that farmers benefit most from milk sold in fluid form to homes stores hotels restaurants foundation reports from markets throughout the country show that payrolls payroll 3 ot of milk companies were 43 per cent higher and employment down only 18 per cent tn in january 1938 compared with january 1937 further evidence of the importance ot of fluid milk distribution to economic stability Is that despite curta curtailed ailed business activity durin during 9 the last quarter ot of 1937 milk company payrolls increased 48 per der cent and employment 1 7 per der cent over the last quarter ot of 1936 1939 |