Baxter Springs news. [volume] (Baxter Springs, Kan.) 1882-1919, 1892-01-16
KANSAS FARM WEALTH.

KANSAS FARM WEALTH.
Figures From the Hoard Of Agriculture
showing Productions and Reserves ~
Working Capital.
Official statistics compiled from re-
turns OF assessors and correspondents
of the board of agriculture show the
value of the total output of Kansas
farms, together with the aggregate
value OF live stock to be as follows:
Cereals-Wheat, corn, oats rye, bar
ley and buckwheat. Aggregate value
of, sos, $50. I72 CO. Other field crops:
Potatoes, castor beans, sorghum, cot
ton. fax, hemp, tobacco, broom corn,
millet tame and prairie hay. Aggre-
gate value Of, $40, 1855. 0T&7l. Products
OF live stock, wool, cheese, butter, AMI
mails slaughtered and sold for slaugh-
ter milk sold. poultry and eggs sold.
Aggregate value of, SIS, 754, 7o9.2l
Miscellaneous products-Garden and
horticultural products sold, wine,
honey and wax and wool sold. Aggre-
gate value OF. 81, 391, 417.30.
The increase in horses and the num-
Der turned into cash each year Is not
given bv the assessors. by a conserva-
tive estimate this is placed Mt one sew
enth of the whole number OF horses, or
40, 932, which at S75 per head gives S.
S1O,97 Grand total. Sis, 13l.347.17.
This represents the value of the total
output of Kansas farms for the year
1891. The aggregate value of oil the
live stock of the state is placed by the
correspondents of the board at Sll?,-
GA, 0Gl.5O. Adding this to the preced-
ing amount (the total value of farm
products, etc. we have grand total OF
SOS, SO6, 30S ~.
This amount is properly divided in
two parts Working capital and avail
able surplus. First, the amount invest
ed in live stock (Sll7,674, 06l. So. horses,
cattle, sheep and swine, needs to be
kept on hand by the farmer and is,
therefore. properly accounted working
capital. by liberal estimate 12,5OO,'
900 bushels of wheat will be needed by
the farmers for bread and seed for the
year. This amount Mt 20 cents per
bushel is IS, $50, 900, which is to be re-
garded Us working capital. If three
fourths of all the corn, oats, rye, bar
ley, hay and sorghum grown in the
state is allowed to he fed into stock on
| the farm (this is liberal estimate) the
amount consumed equals S5,404, $3.50.
This also is properly accounted as work
ing capital
The value of animals slaughtered and
sold for slaughter is reported bv the
assessors for the state at S37, "22, l93
From this amount must be deducted
the meat consumed by the farmers OF
the state. In the report of the United
States department OF agriculture for
1890 it i, seen that the department
statistician estimates the annual con.
sumption of meat per capita at 175
pounds. Placing the rural population
of Kansas ut 1000. 900, we have, on the
basis of consumption given, It's, 600, 900
pounds for the farm population which,
at AZ cents per pound, amounts to 81
s75,OC0. Thi, amount the farmers ct
Kansas must keep on hand, and 1t also
Is classed as working capital.
From the above estimate it is seen
that approximately the total working
capital of Kansas Is as follows; In live
stock, Sill, 674, 94l.50; bread and seed,
s., $50, 900; potatoes, SS,OSS, 4l8O9; corn,
oats, rye, barley. hay, sorghum, etc.,
e54, 94S, S6l. So; meat, S7.S65, 900; total
working capital. si9s, 976, 7s9.47. De-
Quoting this amount from S295, $685. sOs.67,
the gross aggregate value OF all farm
products and Of all the live stock OF the
state, there is q balance of Sl0S, 599.-
b72 90. This amount less the cost OF
needed groceries, clothing. ETC., repre-
sents the available surplus Of Kansas
farmers for this year.