Show Returns in 1923 Slightly Bett l 1020 Average Return Made 1 for Use of 1 Capital Capi Capi- t tal l and Labor S Prepared by the United State Statu eat of Agriculture Au An av average rage cash balance of suns returned to owner operators In 19 1923 on farms surveyed by by bythe the United States Department ot of ture turc In a addition to margin ot of cash cash expenses these farms Increased inventories In ot of crops live stock machinery nn supplIes making an average a return or of 1020 for the US use or of 1400 or of capital and the l bor or of the farmer and his family These farms also produced food tood and fuel consumed on the farm estimated to be worth iO on on the avera av- av era e. e Better Th Than n in 1922 This Is slightly better than shown by a survey f r 19 1022 2 on owner operator farms which averaged a a cash balance of 15 Increased Inventory Inventory In- In of and ond produced food and fuel tuel worth 2 31 J on capital amountIng amount amount- Ing to The cash balance of In Iii 1923 was all aJI the average of these farm made available to to the owner to pay his living JIvIng expenses take care or of debts and make improvements Interest e paid on debts during the year 10 averaged find and the reported outlay for tor Improvements averaged n Sales of crops In 1923 1023 on the average aver aver- age totaled or 38 33 per cent of total total to- to tal tal cash re receipt elp s of 2240 Sales or of orlive live stock or live stock products were 1310 or 58 per cent or of the total re- re Miscellaneous receIpts were A 80 I Cash expenses amounted to 1350 whIch InCluded hired labor worth for tor the year lIve stock feed fertilizer 60 00 seed 40 taxes machInery and miscellaneous I ous Size and Value The size ot of the farms was acres on the average and the reported value ot of land and buildings was 1430 the thc sIze and value ot of the farms beIng larger than the average reported In Inthe inthe the 1920 census The value alue of crops live stock machInery and supplies on hand at the begInning of the year was 2960 O. O The acreage ot of the farms reporting reporting re- re porting In 1922 was acres and the average capital The department points out that the figures apply only to the farms reportIng reporting report report- Ing and to the farm business In each year Many farmers have ha property the Ule farm they works work or sup sup- their farm larin returns with outside outside out out- side work and man many drew on savings or borrowed to meet expenses not covered covered cov- cov ered b by current receipts It is probable probable able however that the figures gIve a fairly accurate ot of the state of the business s of owner operators In Inthe inthe the years ears covered ered by the sune surveys s 's the department says |