jQ.630.7 I I£6c j no. 970 I cop. 5

"NlVBiSlTY of

Digitized by the Internet Archive

in 2011 with funding from

University of Illinois Urbana-Champaign

http://www.archive.org/details/summaryofillinoi970muel

42nd annual

AfiRir.ill TURF LIBRARY

SUMMARY OF ILLINOIS FARM BUSINESS RECORDS

PRODUCTION COSTS INCOME INVESTMENTS

UNIVERSITY OF ILLINOIS COLLEGE OF AGRICULTURE COOPERATIVE EXTENSION SERVICE CIRCULAR 970

Source of Data

This report is based on data obtained from farm The segment of Illinois agriculture that includes

business records on 6,500 Illinois farms. It is the 42nd Economic Class I, II, and III farms is often referred

in a series of annual summaries of such records ob- to as "commercial farming." In 1964, there were

tained from farmers cooperating with the University 68,322 farms in Illinois with more than $10,000 of

of Illinois Cooperative Extension Service, the Depart- product sales. These farms represented 52 percent of

ment of Agricultural Economics, and the Illinois Farm the total number of farms and produced nearly 90 per-

Bureau Farm Management Service. cent of the products sold from Illinois farms.

At present about 1 out of every 10 full-time com- Although the record-keeping farms in this report

mercial farmers (farmers with $10,000 or more of are largely within the first three economic classes, they

gross sales) in Illinois is enrolled in this service. The are not proportionately distributed among the groups,

service has grown steadily, and in 1967 there were 10 In 1964, the Census of Agriculture identified 3,832

associations in 102 counties served by 42 full-time field- Illinois farms with more than $60,000 in sales. Over

men. Participation in this farm business analysis one-third (34 percent) of these farms were enrolled in

service is voluntary, and cooperating farmers pay a fee the Illinois Farm Bureau Farm Management Service,

for the services received. Of the 6,152 farms that sold from $40,000 to $59,000

The development since 1940 is shown by the follow- of products, 24 percent participated in the farm record

ing figures: . program. There were 32,881 Economic Class III farms

Couftttcs

Associa- partici- Fieldmen Farmers in the 1964 Census of Agriculture (farms with sales

Year lions pating employed enrolled ranging from $10,000 to $19,999). Only 730, or 2.2

1945" 8 54 9 1 830 percent, of these farms were enrolled in the record-

195o!'.'.'.!'. '. !'. ...... 8 59 15 2*760 keeping program.

1960" 10 100 3$ 5 '494 The data presented in this report are group aver-

1965 10 102 39 6,366 ages identified by size of business, type of farm, and

1967 10 102 42 6,635 ... , -\ t a «-u e Axnf * r

' quality of sou found on the farm. Where segments of

Over 98 percent of the 6,500 farms in this report Illinois agriculture are identified by these criteria, the

fall within the size of business of Economic Class I, II, data from record-keeping farms may be used with

and III as defined in the 1964 Census of Agriculture. reasonable confidence, even though the record-keeping

These three classes include farms selling $10,000 or farms as a group do not represent a cross-section of all

more of farm products a year. commercial farms in the state.

Uses for This Report

The management of a modern commercial farm in- volves decision making in the application of technology, the choice of a proper combination of crop and live- stock enterprises, and effective business administration of the farming operations. A basic farm business analysis involves a careful study of past performance to detect problem areas and strengths in the farming operation. Also involved is the process of planning and developing future operations to attain the full potential of the land, labor, and capital resources avail- able and to improve economic efficiency of the farm business. The farm business summaries contained in this report are used by individual farmers to analyze their business operations and as a basis on which to develop plans for future farming operations. This re- port summarizes the information so that specialists working in agricultural extension, research, teaching, and agribusiness activities may use the data to assist them in the effective performance of their duties.

The data are presented in three sections. In the

first part of the report (Tables 1 to 3), farm business trends and recent changes in farm income on Illinois farms are summarized. Economic forces and factors that contribute to these changing trends are identified. In the second section, detailed livestock enterprise data are presented. These data (Tables 4 to 11) provide comprehensive and detailed information for use as re- source data by all who are interested in livestock pro- duction. Because a large proportion of the feed grains and roughage produced on Illinois farms is marketed through livestock, the margins of income from live- stock enterprises are important in interpreting the eco- nomic results of farming operations.

The third section (Tables 12 to 16) reports costs, returns, financial summaries, investments, land use, and crop yields for different sizes and types of farms in northern and southern Illinois. The definitions of terms and accounting measures that precede these tables will aid in using the data.

X?6c

M»X

SUMMARY OF ILLINOIS FARM BUSINESS RECORDS, 1966

Farm business trends in 1966

Illinois agriculture is based largely on crop produc- tion, especially the corn and soybean crops. Year-to- year variations in net farm income are related to vari- able climatic conditions and their effect on crop yields. In 1966, a high level of crop production was attained in spite of adverse weather conditions during the grow- ing season. Adverse weather was especially severe in the southern half of Illinois, with high temperatures and drouth in July. By the first week in August, 51 counties in central and southern Illinois were declared drouth disaster areas. In 1966, average corn yields for the state as reported by the Illinois Crop Reporting Service were 80 bushels per acre, 14 bushels below the revised estimate of 94 bushels in 1965 but slightly above the 5-year average yield. Soybean yields in 1966 were 27 bushels per acre, 2.5 bushels below the 1965 yield and .5 bushel below the 5-year average. Winter wheat yields were 41 bushels an acre, a record high for the state, and 6.3 bushels above the 5-year average.

Crop and livestock prices. A second major de- terminant of change in farm income is the price farm- ers receive for crop and livestock products. In 1966, market prices received by farm account cooperators for grain crops were above the 1965 prices for all major grain products. Market prices for livestock and livestock products were generally higher in 1966

than in 1965. Market prices for hogs averaged $23.09, up from the $20.68 received in 1965. Milk prices aver- aged $4.43 per 100 pounds in 1966, up 66 cents from a year earlier. Prices for eggs were 38 cents a dozen, an increase of 7 cents from 1965. Little change was recorded in the average price level for slaughter steers and heifers.

Farm costs and farm income. According to the Census of Agriculture, the average Illinois farm in 1964 contained 226 acres compared with 196 acres per farm in 1959. The incentive to operate a larger-sized farm to obtain lower costs and higher earnings is illustrated in Figure 1. Savings in labor and machinery costs amount to about $10 per acre as farm size in- creases from 100 to 200 acres (Figure 1, left side), $5 from 200 to 300 acres, and average $2 to $1 per acre lower for each 100 acres as farm size increases beyond 300 acres. Most economies in labor and machinery costs per acre can be realized when size of farm reaches about 400 acres.

Figure 1 (right side) shows earnings per acre to capital and management on the same farms shown in the left side of the figure. Grain farms, which rely on land resources for the efficient utilization of fixed in- puts, approach an optimum size with land areas of over 300 acres. The higher earnings per acre on the smaller hog farms illustrate higher levels of intensity

DOLLARS PER ACRE 1*70

60

50

40

30

20

LABOR AND MACHINERY COST PER ACRE

CAPITAL AND MANAGEMENT EARNINGS PER ACRE

HOG FARMS

GRAIN FARMS

1

100 200 300 400 500 100 200

ACRES PER FARM

300

400

500

600

Labor and machinery cost (left) and capital management earnings (right) by size of farm, grain and hog farms in northern Illinois, 1964-1966. (Fig. 1)

in the use of capital and labor in the business on the smaller hog farms. The productivity of the added labor and capital associated with land on hog farms tends to offset the diseconomies that are related to size of business measured in acres. The 160- and 220-acre hog farms had $45 more capital invested per acre and fed about $85 more feed per acre than the grain farms. The higher rate of earnings on 300-acre hog farms as compared with 220-acre farms is a consistent phe- nomenon that has been observed for many years and has never been clearly explained. It is believed that there are more above-average hog producers in the 300- acre size than in the 220-acre size, and more of these farms may be committed to a hog program with two men rather than stretching the labor available from one man. These facts, when combined with the size effi- ciencies in crop production, are likely to result in a farm business operated at a higher level of efficiency.

Income changes on Illinois farms

Comparative costs and returns between years and among major types of farming in northern and south- ern Illinois are reported in Tables 1 to 3. The separa-

tion of farms into northern and southern Illinois is based on soil-type regions, and divides the state ap- proximately on an east-west line from Mattoon to Jacksonville. The sample of farms ranged between 260 and 339 acres in size, and averaged about 300 acres. Labor used on farms of this size averaged 15 months on grain farms, 17 months on hog and beef farms, and 22 months on dairy farms. The data in these tables are presented as if the farms were all owner-operated. Landlord and tenant shares of the business were com- bined where farms were leased.

Size of farm, type of farm, quality of soil, and managerial inputs were held reasonably constant over time by the sampling procedure used in selecting farms within each type of farm. Variations between 1965, 1966, and the 10-year average are due to changes in farm prices and costs, weather, and internal farming adjustments made within each system of farming. The data in these tables are particularly helpful for evalu- ating changes in farm costs and returns within a particular size and type of farm, and in making com- parisons between types of farming. The data do not reflect over-all farming adjustments resulting from farm enlargement or major changes in resource use.

Table 1. — Average Selected Total Farm Items on 260-339 Acre Northern Illinois Grain, Hog, and Dairy Farms

Grain farms

Items 1Q 57-66

1966 1965 iy5/ 00 average

Number of farms 119 166 151

Total acres 304 305 302

Soil-productivity rating 78 81 80

Total cash sales £34,513 £34,303 £28,446

Less purchased feed and livestock .. . 4,578 4,347 4,008

Net cash sales 29,935 29,956 24,438

Inventory change 3,610 2,660 1,299

Farm products consumed 116 114 138

Value of farm production 33,661 32,730 25,875

Cash operating expenses £12,401 £11,900 £9,698

Annual depreciation 3,834 3,882 3,364

Farm and family earnings 17,426 16,948 12,813

Unpaid labor charge 3,797 3,117 2,864

Returns to capital and management .. . 13,629 13,831 9,949

Interest charge on capital 8,925 8,184 7,185

Management returns 4,704 5,647 2,764

Total cash income* £34,690 £34,517 £28,659

Total cash expenditures" 21,882 20,981 17,352

Cash balance 12,808 13,536 11,307

FARM INVESTMENT

Livestock inventory 5,070 4,894 4,746

Grain inventory 15,808 14,863 13,067

Remaining capital cost in:

Machinery 9,348 8,682 7,160

Buildings and fence 12,107 14,270 13,039

Soil fertility 92 124 347

Auto 854 791 805

Value of land (current basis) 158,209 150,080 129,578

Total farm investment 201,488 193,704 168,742

a Includes sales or purchases of capital items.

Hog farms

1966

1965

1957-66 average

78

94

96

300

74

£62,164 19,048

43,116

1,259

211

44,586

£16,237

5,724

22,625

4,183

18,442

9,830

8,612

£62,478 45,026

11,198

20,216

57

832

141,126

299

75

£56,175 17,211

38,964

7,898

229

47,091

£14,681

4,992

27,418

3,382 24,036

8,161 15,875

£56,447 39,536

298

75

£44,817 15,879

28,938

1,673

253

30,864

£11,944

4,201

14,719

3,103

11,616

7,221

4,395

£45,007 33,211

17,452 16,911 11,796

21,632 16,363 16,064 15,811 14,204 12,520

9,592

19,704

68

794

128,128

8,200

15,879

352

767

111,553

210,872 188,853 165,335

Dairy farms

1966

1965

1957-66 average

15

20

22

297 69

£46,603 8,732

37,871

4,175

307

42,353

£16,115 6,302

19,936

4,530 15,406 10,095

5,311

£46,608 32,657

291 70

£39,426 5,910

33,516

2,589

319

36,424

£16,235

5,845

14,344

4,019

10,325

8,100

2,225

£39,696 29,348

293 71

£34,366 6,138

28,228 936 337

29,501

£12,737

5,066

11,698

3,733

7,965

7,289

676

£34,672 21,358

13,951 10,348 13,314

18,419 18,088 15,402 13,014 11,054 10,068

13,399

35,187

4

706

131,288

12,608

26,226

12

781

116,533

10,800

24,615

234

869

102,733

212,017 185,302 164,721

The farm and family earnings measure includes re- turns to the farm family for all unpaid labor, interest on invested capital, and managerial inputs used in farming. Changes in value of farm inventories and value of farm products consumed are included as in- come. Farm and family earnings are calculated by accounting methods that are generally comparable to the accrual method of calculating taxable farm income for the federal income tax. Important differences in accrual income tax accounting methods are the pro- vision for capital gains on livestock sales, and the in- clusion of interest paid as a farm expense.

The cash balance figure is the amount taken out of the farm business to pay for living costs, income and social security taxes, interest, and debt repayment, and to add to savings. Purchases of new capital invest- ments for the farm business have been included with total cash expenditures. Although the cash balance figure reflects the cash position of the farm business, it is influenced by purchase and sale transactions of feed and livestock, and changes in liabilities and borrowed funds.

The investment per farm is for January 1 of each year. Physical quantities of grain and livestock are valued at farm market prices. Machinery, buildings, soil fertility, and auto are valued at remaining capital cost; that is, original cost less depreciation charged to date. Land is priced at current values. A basic value is established for each farm, based on a soil produc- tivity rating, and is adjusted to a current value each year by using an index of land prices in Illinois.

Northern Illinois Farms

Grain farms. Farm and family earnings on north- ern Illinois 300-acre grain farms in 1966 were $17,426 compared with $16,948 in 1965. Most of the increase in net income on grain farms was reflected in a greater quantity of farm grains on inventory at the end of the year. This is the second consecutive year of increase in inventory values. While crop yields were down 15 percent, this was offset by higher inventory prices for corn and soybeans and a 4-percent increase in acreage of row crops grown. Cash operating expenses in- creased by $501 per farm. Investment in new capital items exceeded the depreciation charged against capital investment by more than $1,000 per farm in 1966. With favorable net farm incomes in 1966, farmers added to their investment in machinery and received above- average returns on their investments.

Hog farms. Even though farm and family earn- ings on 300-acre northern Illinois hog farms dropped nearly $5,000 in 1966 from 1965rthey were still the second highest on record. In 1966, the earnings were

$22,625, compared with $27,418 in 1965 and with a ten-year average (1957-1966) of $14,719.

Lower livestock inventory values at the end of the year and higher cash operating expenses and annual depreciation in 1966 more than offset the higher cash sales from livestock and grain.

The total weight of pork produced per farm in 1966 was up 10,350 pounds or 6.3 percent (about 6 litters) above the 1965 weight. Hog farms have become more specialized in recent years. The increase in total pounds of pork produced contributed to larger market supplies and lower hog prices near the end of 1966.

Dairy farms. Farm and family earnings on 300- acre northern Illinois dairy farms in 1966 were $19,936, or $5,592 above net earnings in 1965. Most of this in- crease resulted from a 660 per cwt. higher average milk price for the year. The ten-year average manage- ment return for dairy farms has consistently been below other types of farms. In 1966, the return of $5,311 was double of that in 1965 and is more compa- rable to returns from other types of farms in northern Illinois.

Table 2. — Average Selected Total Farm Items on 260-339 Acre Northern Illinois Beef Farms

Items

1966

1965

1957-66 average

Number of farms 43 52

Total acres... 301 301

Soil-productivity rating 76 76

Total cash sales #80,022 #70,914

Less purchased feed and

livestock 42,733 34,223

Net cash sales #37,289 #36,691

Inventory change 3,683 6,158

Farm products consumed 437 263

Value of farm production 41,409 43,112

Cash operating expenses 16,515 15,550

Annual depreciation 5,934 5,837

Farm and family earnings 18,960 21,725

Unpaid labor charge 4,162 3,447

Returns to capital and

management 14,798 18,278

Interest charge on capital 11,519 9,318

Management returns 3,279 8,960

Total cash income0 #80,275 #71,151

Total cash expenditures8 67,080 59,694

Cash balance 13,195 11,457

FARM INVESTMENT

Livestock inventory #33,481

Grain inventory 17,694

Remaining capital cost in:

Machinery 13,521

Buildings and fence 26,455

Soil fertility 131

Auto 726

Value of land (current basis) . . . 149,967

Total farm investment 241,975 213,015

a Includes sales or purchases of capital items. •

59

300

78

#64,680

35,991

#28,689

2,108

310

31,107

12,413 4,977

13,716 3,104

10,613 8,902 1,711

#64,860 54,002 10,858

#28,814

#30

,993

16

,141

15

,249

10

,192

9

,545

23

,543

22

,317

179

388

788

846

133:

,358

121

,070

200,408

The number of dairy farms has been declining rapidly in Illinois, but the average number of dairy cows per farm in this sample was 50.7 in 1966 com- pared with 50.8 in 1965.

Beef farms. Farm and family earnings on 300- acre northern Illinois beef farms in 1966 averaged $18,960, a drop of $2,765 from 1965. Livestock and grain sales increased $598 in 1966 over 1965, but cash operating expenses increased $965. This, combined with a $2,475 decrease in inventory values of grain and livestock during 1966, resulted in the lower net farm income.

Beef farms had substantial increases in building and machinery investments in 1965 and again in 1966. Labor and interest costs also increased $1,458 in 1966 over 1965. This combination of higher costs and 5- percent-lower crop yields and lower end-of-year live- stock prices contributed to the lower net earnings on these farms. If it were not for the very high hog prices to offset some of these factors, earnings on beef farms would have been even lower in 1966.

Southern Illinois Farms

Grain farms. Farm and family earnings on south- ern Illinois 300-acre grain farms averaged $12,651 in 1966, which was about the same as the 1965 earnings. This is the highest net income for grain farms on record. It takes a higher income today to provide interest returns on larger investments. Grain sales were up enough to cover the increase in cash operating expenses and lower inventories at the end of the year. Corn yields were down 10 to 15 bushels per acre but this was offset by more acres of row crops and higher grain prices.

Hog farms. Farm and family earnings on south- ern Illinois 300-acre hog farms averaged $17,208, the second highest hog farm income on record and nearly two and a half times the 1964 earnings of $7,182, and $7,165 above the 1957-1966 average of $10,043. As in northern Illinois, higher grain and hog prices and more hogs and more acres of row crops offset most of the higher costs and lower corn yields. The lower hog

Table 3. — Average Selected Total Farm Items on 260-339 Acre Southern Illinois Grain, Hog, and Dairy Farms

Grain farms

Items 10S7-(Sfi

1966 1965 iyi/ 00 average

Number of farms 41 57 48

Total acres 304 300 300

Soil-productivity rating 36 35 34

Total cash sales £27,920 £25,495 £21,144

Less purchased feed and livestock. . . 3,337 3,065 3,052

Net cash sales £24,583 £22,430 £18,092

Inventory change 1,305 2,700 810

Farm products consumed 122 153 168

Value of farm production 26,010 25,283 19,070

Cash operating expenses 9,872 9,376 7,510

Annual depreciation 3,487 3,405 2,973

Farm and family earnings 12,651 12,502 8,587

Unpaid labor charge 3,626 3,042 2,775

Returns to capital and management .. . 9,025 9,460 5,812

Interest charge on capital 4,475 3,581 3,208

Management returns 4,550 5,879 2,604

Total cash income* £28,312 £25,672 £21,304

Total cash expenditures" 17,592 17,182 14,212

Cash balance 10,720 8,490 7,092

FARM INVESTMENT

Livestock inventory 5,074 3,922 3,848

Grain inventory 8,417 7,093 6,426

Remaining capital cost in:

Machinery 10,466 9,031 7,210

Buildings and fence 6,591 5,726 5,904

Soil fertility 186 227 534

Auto 715 658 608

Value of land (current basis) 64,703 56,205 48, 740

Total farm investment 96,152 82,862 73,270

a Includes sales or purchases of capital items.

Hog farms

1966

1965

1957-66 average

31

47

38

293 32

£46,639 17,272

£29,367

3,994

216

33,577

11,912

4,457

17,208

3,694

13,514

4,665

8,849

£46,669 36,590

14,322 9,502

9,040

9,112

121

894

52,138

295 31

£40,342 13,807

£26,535

6,943

201

33,679

10,974

3,534

19,171

3,215 15,956

3,590 12,366

£40,410 30,499

296 33

£32,357 11,875

£20,482

1,662

257

22,401

9,196

3,162

10,043

2,954 7,089 3,429 3,660

£32,466 25,545

10,079 9,911 6,921

9,977 10,182 7,007 7,138

7,916

8,004

262

602

47,532

6,754

7,366

479

674

43,920

95,129 81,300 76,513

Dairy farms

1966

1965

1957-66 average

23

23

27

311 30

£36,378 6,418

£29,960

3,287

297

33,544

14,253

5,123

14,168

4,418 9,750 5,103 4,647

£36,610 29,169

12,781

13,651

246

776

56,340

297 26

£29,420 6,119

£23,301

2,744

375

26,420

11,454

3,995

10,971

3,576 7,395 3,740 3,655

£29,444 24,140

297 29

£26,244 4,934

£21,310

1,170

350

22,830

9,785 3,870 9,175

3,442 5,733 3,559 2,174

£26,339 19,820

7,441 5,304 6,519

12,192 11,014 7,837 5,601

9,913 11,296

253

847

44,845

9,533 6,133

9,372

10,761

474

711

41,546

103,823 83,769 78,530

prices anticipated in 1967 due to increased supplies were reflected in lower inventory prices at the end of the year. With favorable net farm incomes in 1966, farmers added an additional $3,872 to investments in capital items above the annual depreciation charges.

Dairy farms. Farm and family earnings on 300- acre southern Illinois dairy farms in 1966 were $14,168, an increase of $3,197 over 1965. The 1957-1966 aver- age earnings on southern Illinois dairy farms were $9,175 compared with the $14,168 in 1966. Total value

of grain and livestock inventories continued to in- crease on dairy farms. These increases resulted from an increase in average number of cows from 40.7 to 42.8, increased prices of grain, and more acres of row crops which offset the effect of 15-percent-lower corn yields.

Over the ten-year period (1957-1966) livestock systems of farming in southern Illinois have averaged greater net farm incomes than grain farms. Hog and dairy farms have had similar income levels of $10,043 to $9,175 per farm for the ten-year period.

LIVESTOCK ENTERPRISES

Table 4 shows the returns per $100 feed fed to various livestock enterprises, and the price of corn during each of the past 15 years. Fifteen-year (1952- 1966) averages are also shown. The difference between the average return figure and $100 feed cost represents the margin available to pay cash expenses other than feed, labor, depreciation on equipment, and interest on investment, and also to provide for profit.

The margin needed to cover non-feed costs varies with the kind of livestock and depends on the propor- tion of total production costs represented by feed. The 15-year averages represent the approximate level of returns at which farmers have been willing to maintain livestock production. This average may not represent break-even returns on all farms because some farmers may discount market prices for some resources used in producing livestock. If a farmer already has facilities for livestock, he need only cover operating costs to continue production. However, when he views live-

Table 4. — Returns per $100 Feed Fed to Different Classes of Livestock

Beef Dairy Feeder Native F d p • Yearly

Year cow cow cattle sheep . Hogs price

herds herds bought raised ^^s r^ of corn

1952

99

175

86

67

116

116

51.65

1953

64

147

81

84

178

148

1.44

1954

95

141

126

97

154

104

1.46

1955

94

168

106

103

95

109

142

1.28

1956

103

177

117

137

129

142

133

1.30

1957

134

189

143

138

149

172

136

1.15

1958

162

199

144

98

144

180

142

1.10

1959

147

191

112

102

92

114

123

1.10

1960

129

200

117

108

143

164

157

1.03

1961

139

196

116

110

132

164

150

1.01

1962

149

190

148

126

129

159

144

.98

1963

117

171

88

126

108

131

141

1.11

1964

107

174

112

124

122

142

141

1.12

1965

127

174

151

143

176

210

143

1.15

1966

132

190

117

129

140

178

168

1.23

1952-66

aver.

120

179

118

113

130a

154

139

1.21

0 Twelve-year average.

stock production as a new or long-run enterprise, he hopes to cover all costs — fixed and variable — or he may not undertake the enterprise.

As individual farmers try to increase profits, they tend to curtail livestock production when returns per $100 of feed fed are below the 15-year average, and to increase production when returns are above average. This tendency on the part of producers causes supplies of livestock products to fluctuate.

The hog enterprise is the best illustration. Since 1953 the pattern of hog returns has been to exceed the 15-year average for two to three years, and then to fall below for one to two years. This pattern is referred to as the hog cycle and is related to the supply and demand for pork. Higher feed prices and lower selling prices for hogs indicate that returns for 1967 may be near the long-run average.

Feeder cattle returns were below the 15-year aver- age in six of the past eight years. Except for 1962 and 1965, the average cattle feeder has had to justify any profits on the basis that some of his feed, buildings, or labor had no alternative uses.

Feeder cattle returns vary greatly from year to year. Long-run average returns shown here indicate the cattle feeding business is very competitive. Above- average skills are needed in buying, selling, and feed- ing to meet competition of other uses for time and money on farms feeding cattle. It is more difficult to identify cyclic income movements over a 15-year period in the beef cattle industry because it is more complex and adjusts more slowly than other livestock enter- prises.

Dairy and poultry returns fluctuate less than beef cattle returns from year to year. In both enterprises, 15-year average returns are below the margin needed to cover all fixed and variable costs. The implication is that these enterprises compete most favorably on farms with plentiful labor, capital, and management resources that have few alternative uses.

The business of raising livestock is very competi-

tive. Average profit margins are very narrow. Large numbers of farmers are willing to stay in business as long as their returns cover only operating costs. Ex- pansion plans involving large investments for new fa- cilities should be based on estimated returns that are high enough to cover all costs. Fluctuations in live- stock returns also involve a risk in years when returns are low.

Hog enterprises

The information in Table 5 is based on a sample of 702 farms farrowing ten or more litters per year. Farms were omitted from the sample if the number of hogs purchased exceeded 10 percent of pigs weaned. This eliminated from the sample those farms with combined farrowing and feeder-pig operations. Feeder- pig enterprise information is included in Table 6.

Returns per $100 feed fed to hogs were $178 in 1966. This was a $32 decrease from 1965 but the third highest return since 1951. These returns were $27 above the 1951-65 average. The fluctuation in returns above and below the 15-year average is related to changes in supplies of and demand for pork and to the price of corn. In 1966, the average price received per 100 pounds of pork sold was up 12 percent, and the

Table 5. — Hog Enterprises, 1966

Items

All farms

High- return farms

Low- return farms

Number of farms 702 123 108

Average per farm

Pounds of pork produced. .. . 127,323 152,234 130,904

Total returns 327,368 333,344 327,269

Value of feed fed 315,397 316,936 318,015

Returns per 3 100 feed fed... 3 178 3 197 3 151 Returns above feed per

litter 3 162 3 193 3 117

Number of litters farrowed. . 74 85 79

Pigs farrowed per litter 9.2 9.2 8.9

Pigs weaned per litter 7.5 7.6 7.3

Number of pigs weaned 553 645 578

Number that died after

weaning 18 20 21

Death loss, percent of pounds

produced 1.3 1.2 1.5

Weight per hog sold 237 238 240

Price received per 100

pounds 3 23.09 3 23.28 3 22.70

Feed cost per 100 pounds

produced 3 12.09 3 11.12 3 13.76

Feed per 100 pounds produced

Farm grains, lb 343 320 373

Commercial feeds, lb 71 65 87

Total concentrates, lb. . 414 385 460

Pasture (pasture days) .... .7 .8 .8

Cost per 100 pounds of

commercial feeds 3 6.23 3 6.15 3 6.31

Cost per 100 pounds of

concentrates 3 2.89 3 2.86 3 2.97

average price per bushel of corn fed (see Table 4) was up 7 percent.

In 1966, returns above feed per litter decreased $42 from $204 in 1965 to $162. While returns above feed per litter of $162 in 1966 were $39 above the last six- year average of $123, four out of the past six years were below this average.

Until 1966, feed cost per 100 pounds produced has never varied more than a range of 65 cents in the past six years, but pounds of concentrates per 100 pounds produced have been dropping at the rate of about 1 percent every three years. In 1966, feed cost per 100 pounds produced increased $1.11, primarily due to the higher price of corn. The average size of the hog enterprise on all record-keeping farms has been in- creasing at the rate of about 3 litters per year, from 41 litters (299 pigs weaned) per farm in 1956 to 74 litters (553 pigs weaned) in 1966.

The high-return group of farms had returns per $100 feed fed that ranged from $190 to $209, and re- turns for the low-return group ranged from $140 to $159. Most of the differences between high- and low- return groups were caused by differences in feed con- versions and in feed costs per 100 pounds produced.

The high-return farms used 53 pounds less farm grains and 22 pounds less commercial feeds to produce 100 pounds pork than the low-return farms. This sav- ing in feed was equivalent to about 1,325 bushels of corn and 15.4 tons of protein per farm, or about $3,550. Other differences show 0.3 more pigs weaned per litter, 0.3 percent lower death loss, and 58 cents per 100 pounds higher selling price for pork sold for the high- return farms. There are wide variations in profits from swine enterprises on individual farms since these same differences between high- and low-return farms occur each year.

The hog enterprise has been a very profitable busi- ness for the farmers in the high-return group and a moderately profitable business for the average hog producer. If nonfeed costs are estimated from detailed cost studies at $5 per 100 pounds over the past ten years, the high-return farmer sold his hogs at $3.21 more per hundred pounds than his total cost. The average producer received $1.76 more per hundred pounds than his total cost. Assuming the low-return group would have had the same $5 per 100 pounds non- feed cost, it would have received 13 cents more than its total cost of production.

The relationship of average returns per $100 feed fed to hogs to the estimated breakeven returns neces- sary to cover all nonfeed costs is shown in Figure 2. The estimate of breakeven returns assumes feed to represent 70 percent of the total cost of producing hogs .while, labor and capital repxesent 30 percent. The dif-

$205

190

175

Q LU

u. o

Ll) LlI U.

8

en

UJ Q.

CO

2

cr

»- UJ

cr

160

145

130

115 -

100

BREAK-EVEN RETURNS

/

AVERAGE RETURNS

AVERAGE RETURNS

BREAK- EVEN RETURNS

BREAK-EVEN RETURNS

AVERAGE RETURNS

1

1

1

-DAIRY CATTLE

-HOGS

-FEEDER CATTLE

1955-58 56-59 57-60 58-61 59-62 60-63 61-64 62-65 63-66 (FOUR- YEAR MOVING AVERAGE) Returns per $100 feed fed to dairy, hogs, and feeder cattle, and estimated break-even returns, 1955-1966.

(Fig. 2)

ference between the average return figure and $100- feed cost represents the margin available to pay for cash expenses, labor, depreciation, and interest on in- vestment, and to provide for profit.

The data in Figure 2 indicate there is a reservation profit that exists after all costs of production are paid before managers are willing to enter or continue hog production. Evidently, there is a human preference factor that causes hog production to expand less than economic conditions warrant, creating a continual mar- gin of profit above feed and other costs.

If the relationship between hog prices and produc- tion costs continues to be favorable enough in the years ahead to compete with returns from selling cash grain, it should encourage increased hog production on many Illinois farms.

Feeder-cattle and feeder-pig enterprises

Calendar-year operations for feeder-cattle and feeder-pig enterprises are presented in Table 6. These involved weights and values on partly finished animals purchased in prior years as well as on animals pur- chased in the current year.

Pork produced per farm from feeder-pig enter- prises was 70,709 pounds in 1966 (see Table 6), more than two times the 35,041 pounds produced per farm in 1956. Farmers were not only buying more feeder pigs; they were also buying healthier pigs. Death loss

has dropped steadily the past six years from 2.7 percent of weight produced in 1960 to 1.6 percent in 1966. Re- turns follow the cyclical pattern of the sow and litter enterprise. Returns per $100 feed fed averaged $140 in 1966.

The 81,129 pounds of beef produced per farm in 1966 (Table 6) is 84 percent greater than the average production per farm for 1956-1958. Returns per $100 feed fed for feeder-cattle enterprises were $117 in 1966, down $34 from 1965. The six-year average re- Table 6. — Feeder-Cattle and Feeder-Pig Enterprises, 1966

Items Fe^d.er Fe-der

cattle pigs

Number of farms 384 112

Average per farm

Total pounds produced 81,129 70,709

Total returns #18,900 $11,655

Value of feed fed £16,204 $ 8,343

Returns per $ 100 feed fed $ 117 $ 140

Death loss, percent of pounds produced 1.7 1.6

Average weight purchased 549 53

Price paid per 100 pounds $ 26.88 $ 40.51

Price received per 100 pounds $ 24. 78 $ 23 .55

Feed cost per 100 pounds produced.... £19.97 £11.80 Feed per 100 pounds produced

Grain, lb 573 327

Protein and mineral feeds, lb 59 81

Total concentrates, lb 632 408

Hay, lb 109

Silage, lb 635

Pasture (pasture days) 3

turns per $100 feed fed of $122 are still below the return needed to pay all nonfeed costs.

The relationship of average returns per $100 feed fed to the estimated breakeven returns necessary to cover all nonfeed costs is shown in Figure 2 for feeder cattle. The estimated breakeven return assumes feed to represent 75 percent of the total cost of feeder cattle production, while labor and capital represent 25 percent.

For the years covered by Figure 2, the average re- turns are below the breakeven returns but above the cost of feed or $100. This relationship means that the margin available was not large enough to pay cash ex- penses and market prices for all feeds, labor, depreci- ation, and interest on investment.

The low returns shown in Figure 2 for feeder cattle indicate that many farmers have been willing to dis- count the returns for labor, buildings, or nonmarket- able feeds, especially if these resources have few or no alternative uses. Evidently Illinois farmers have strong personal preferences for feeding cattle during a period when economic conditions were not favorable for this enterprise. This observation has important implications when considering expansion of the feeder cattle enterprise on farms where there are no non- marketable feed resources, underemployed labor, or fixed capital investments.

Prices paid for feeders bought were $2.72 per 100 pounds higher during 1966 than in 1965, while prices received for cattle sold in 1966 were only 5 cents higher. Average weight purchased was down 5 pounds per steer. Pounds of beef produced per farm in 1966 was 4 percent higher than in 1965. Beef produced per farm has followed an upward trend since 1956 of about 3,000 pounds a year with more than this in years of favorable outlook and less in years of unfavorable outlook.

Pounds of grain and pounds of hay used per 100 pounds of beef produced has trended downward from 1960 to 1966, while the pounds of silage used has in- creased during the same period. Feed costs per 100 pounds produced were $19.97 in 1966, an increase of $1.48 from 1965. The increase was caused primarily by the higher price of corn. The shift to the use of more corn silage in the ration reflects attempts by feeders to increase production from existing land by intensifying the crop system and to reduce labor by mechanizing the feeding operation.

These data do not show the wide variation in profits that exists among cattle feeding programs and indi- vidual feeders. Since 1961 prices paid for feeders have varied as much as $3.79 per 100 pounds from the past six-year average while prices received have varied by as much as $2.17 per 100 pounds sold from the past six-year average. Many farmers are now feeding more

than one drove of cattle each year to provide a better utilization of fixed investments in mechanized feedlots. The increase in investments and complexity of the cattle feeding operation makes good records more im- portant than ever to evaluate returns to resources used in cattle feeding.

Dairy enterprises

The minimum size of herd included in this analysis was 10 milk cows. The average size of dairy herd was 36.1 cows in 1966, compared with 23.5 cows per farm on record-keeping farms in 1956.

The rate of increase in the size of dairy herds since 1956 has been a little more than one cow per year.

Table 7. — Dairy Cattle Enterprises, 1966

Pasture days per animal unit

Items AH farms

0 1-119 120 +

Number of farms 253 61 120 72

Average per farm Number of cows in

herd 36.1 42.0 38.3 27.2

Number of milk cows. . 36.0 42.0 38.3 27.0

Percent of milk cows

dry 15 15 15 16

Animal units in herd. . 61.8 77.0 64.9 43.6

Pounds of beef

produced 18,771 20,268 20,169 15,172

Totalreturns 322,210 $25,576 #24,143 $16,135

Value of feed fed #11,690 #14,001 #12,603 #8,212

Returns per #100 feed

fed # 190 # 183 # 192 # 196

Returns above feed

per milk cow # 292 # 276 # 301 # 293

Total pounds of milk

produced 421,700 486,725 456,135 309,219

Pounds of milk per

milk cow 11,714 11,589 11,910 11,453

Pounds of butterfat

per milk cow 434 434 439 426

Pounds of beef per

cow in herd 520 483 527 558

Death loss, percent of

pounds produced. .. 7.5 7.9 7.3 7.3

Feed cost per unit".... # 19.18 # 20.31 # 19.16 # 17.82 Price received for:

100 1b. milk # 4.43 # 4.46 # 4.46 $ 4.32

lOOlb.beef #19.21 #18.77 #19.50 #19.12

Feed per unit of milk and beef:

Grain, lb 283 296 284 267

Protein and miner- als, lb 62 61 63 61

Total concen- trates, lb 345 357 347 328

Hay and dry

roughage, lb 344 319 335 396

Hay silage and

soilage, lb 331 624 288 63

Corn and other

silage, lb 768 964 808 427

Pasture (pasture

days) 6 ... 5 15

Pasture days per

animal unit 60 ... 56 160

a 1,000 pounds of milk or 100 pounds of beef.

10

Total number of milk cows in Illinois has been declin- ing steadily at the rate of about 4 percent a year in this same period, but total pounds of milk produced in the state has been declining only about 2 percent a year. While there are 42 percent fewer milk cows in the state than 10 years ago, the remaining cows are in herds that are 56 percent larger and that produce 26 percent more milk per cow.

Returns per $100 feed fed to dairy enterprises in 1966 were $190, up $16 from 1965. Higher milk prices (66 cents per cwt.) and higher beef prices ($3.70 per cwt.) were partially offset by $1.77 higher feed costs per 1,000 pounds of milk or 100 pounds of beef pro- duced (Table 7).

Dairy farmers have reduced the amount of pasture and increased the amounts of grain and silage fed. Pasture days per unit (1,000 pounds of milk or 100 pounds of beef) remained at 15 days prior to 1959, but since 1960 have declined steadily to 6 days in 1966.

The dairy herds in Table 7 were divided into three groups: herds with no pasture days per animal unit, those with 1 to 119 days, and those with 120 days or more. Each year a few more farmers have been adopt- ing the practice of feeding cows in drylot. Dairy herds averaged 42.0 cows on farms with no direct grazing compared with 27.2 cows on farms using a full pasture season.

The main difference among these three groups of dairy herds is the amount of land required per cow to produce roughage. When pasture and hay yields are figured at 150 pasture days and 3 tons per acre respec- tively, the farms with drylot feeding required only 1.7 acres per cow to produce grass-legume forages, while the farms with over 120 pasture days per animal unit used 2.9 acres. Additional roughage was obtained through corn silage on the no-grazing farms. Milk pro- duction per cow did not vary greatly between the groups of farms. Part of the additional cost of har- vesting roughage to be fed in drylot is included in the cost of feed. Farmers using the drylot system must relate the higher cost of feed to the increased returns that may result either from shifting land from pasture to grain crops, from an increase in size of dairy herd on fixed acres of hay and pasture, or from higher pro- duction per cow.

The relationship of average returns per $100 feed fed to the estimated breakeven returns necessary to cover all nonfeed costs is shown in Figure 2 for dairy cattle. The estimated breakeven return assumes feed to represent 50 percent of the total cost of the dairy enter- prise while labor and capital make up the other 50 percent.

For the years covered by Figure 2, the average re- turns are below the breakeven returns but above the cost of feed or $100. This relationship means that the

margin available was not large enough to pay cash expenses and market prices for all feed, labor, depre- ciation, and interest on investment.

The low returns shown in Figure 2 for dairy cattle indicate the reason for many farmers discontinuing the dairy operation. Some farmers have been willing to dis- count the returns for labor, buildings, or nonmarketable feeds, especially if these resources have few or no alternative uses, or if they have strong personal prefer- ences for dairy cattle during a period when economic conditions were not favorable for this enterprise. This observation has important implications when consider- ing expansion of the dairy enterprise on farms where there are no nonmarketable feed resources, under- employed labor, or fixed capital investments.

Beef-cow herds

The minimum size of a beef-cow herd included in Table 8 was 10 or more cows. Farms with combina- tions of cow herds and purchased feeder cattle were not included. In addition to an analysis of all farms, Table 8 shows an analysis of farmers with cow herds who sold calves at weaning time, comparing them with those who finished their calves to slaughter weights. The average size of cow herd on all farms has changed little since 1956, ranging from 25 to 28 cows. This reflects the decision of the majority of Illinois farmers to maintain a beef-cow herd as a supplemental enter- prise to market nonsalable feeds and labor.

Table 8. — Beef Cow Enterprises, 1966

Items All farms C^[jJS

Number of farms 231 90

Average per farm

Number of cows in herd 28.2 28.5

Animal units in herd 43.3 38.2

Total pounds produced 20,423 14,294

Total returns $4,617 $3,303 j

Value of feed fed $3,511 $2,371 J

Returns per $100 feed fed.. . $ 132 $ 139 I

Pounds of beef per cow in

herd 724 502

Average weight per head sold 761 574

Pounds of death loss 779 651

Percent of pounds

produced 3.8 4.6

Feed cost^ per unit* $17.19 $16.59

Price received per 100 pounds $ 23.57 $ 23.63

Feed per unit of milk and beef

Grain, lb . 214 78

Protein and mineral feeds,

lb 28 18

Total concentrates, lb.. . 242 96

Hay and dry roughage, lb. 508 596

Hay silage, lb 15

Corn and other silage, lb. . . 219 274

Pasture (pasture days). . . . 188 202

a 1,000 pounds of milk or 100 pounds of beef.

Calves fed out

115

27.

1

45.

3

24,729

5,419

: 4,329

125

912

919

893

3.

6

$ 17.

51

$ 23.

16

278

32

310

451

25

240

180

11

Table 9. — Poultry Enterprises, 1966

Items

. „ , Number of hens per farm

100-299 300-999 1,000-1,999

Over 2,000

Number of farms

127 69 32 16

10

Average per farm

Pounds of poultry produced 1 ,874

Total returns $ 5 ,088

Value of feed fed $ 3,034

Returns per #100 feed fed $ 168

Returns above feed cost per hen $2.37

Average number of hens 866

Eggs produced per hen 216

Percent production 59

Feed requirement units* 16,803

Feed cost per unit $ .18

Pounds of concentrates per unit 5.4

Cost per 100 pounds of concentrates $ 3 . 32

Price per pound sold $ .09

Price per dozen eggs sold $ .38

Pounds of death loss 572

a One dozen eggs or 1.5 pounds of weight produced.

747

1,411

2,428

10,248

896

$ 3,198

$ 7,476

$ 36,244

775

$ 2,141

$ 4,591

$ 18,986

116

$ 149

$ 163

$ 191

$ .65

$ 1.94

$ 2.11

$ 2.99

187

544

1,370

5,773

180

204

204

228

49

56

56

62

,326

10,109

24,627

118,697

$ .23

$ .21

$ .19

$ .16

7.0

6.4

5.4

4.9

$ 3.35

$ 3.30

$ 3.42

#3.28

$ .09

$ .09

$ .08

$ .09

$ .34

$ .37

$ .41

$ .38

176

476

949

3,007

Returns per $100 feed fed to beef-cow herds in 1966 averaged $132. Increased beef prices during 1966 and higher feeder calf prices continued to raise cow- herd returns upward from the low level of 1964.

In 1966, farms that sold calves received $33 per cow above value of feed fed, and farms that sold cattle at slaughter weights received $40 per cow above value of feed fed. This is the second year since 1962 that those who sold slaughter cattle received higher returns to apply against the added costs for labor, buildings, and capital required to feed them out.

Poultry enterprises

The minimum size of flock included in Table 9 is 100 hens. The average size of flock, omitting farms with less than 100 hens has increased from 304 hens in 1956 to 866 in 1966. In the same period, pounds of concentrates per dozen eggs or I1/2 pounds of weight produced have declined steadily each year from 7.0 in 1956 to 5.4 pounds in 1966.

In 1966, the feed cost of 18 cents per dozen eggs or I1/2 pounds of weight produced remained the same as in 1965. Improved feed conversion was offset by the higher price of concentrates.

Eggs per hen increased from 197 to 210 during the 1956-1959 period but since 1960 have varied over a range from 208 to 216 eggs per hen.

The price per dozen eggs sold in 1966 was 38 cents, an increase of 7 cents from 1965. Returns above feed cost per hen of $2.37, on all farms, were the highest since 1950.

Larger flocks received more returns above feed cost per hen than the smaller flocks (Table 9). Farms with over 2,000 hens had returns above feed cost per hen of $2.99, compared with only 65 cents on farms with 100- 299 hens. This difference may not reflect the actual

contribution of poultry laying flocks to farm income, since small flocks may utilize inputs of labor, equip- ment, and buildings that have limited alternative uses. However, the higher production per hen on the farms with larger flocks indicates better management and a potentially higher return for labor and capital.

Sheep enterprises

Sheep production is a minor enterprise on record- keeping farms. The minimum size of enterprise in Table 10 was set at 3 animal units. One animal unit of sheep is defined as 750 pounds of liveweight. Re- turns per $100 feed fed in 1966 were $129 for native flocks. Pounds of wool and mutton produced per farm have remained fairly constant for the past ten years. The majority of Illinois farmers who keep sheep do so as a supplemental enterprise to market nonsalable feeds and labor.

Table 10.

— Sheep Enterprises, 1966

Items

Native flocks

Number of farms

112

Average per farm

Pounds of wool and mutton produced 3,729

Total returns $ 898

Value of feed fed $ 697

Returns per #100 feed fed $ 129

Percent lamb crop 115

Pounds of death loss 536

Death loss, percent of pounds produced 14.4

Feed cost per 100 pounds produced $ 18 . 69

Price received per 100 pounds $ 26.02

Price paid for sheep bought $ 21 .53

Feed per 100 pounds produced

Concentrates, lb 286

Hay, lb 562

Silage, lb 7

Pasture (pasture days) 42

12

DEFINITION OF TERMS AND ACCOUNTING MEASURES

Soil-productivity rating

An average index representing the inherent pro- ductivity (low level of management) of all tillable land in the farm. Individual soil types on each farm are assigned an index ranging downward from 100.

Type of farm

Sampling technique. The records in each size group for northern Illinois were sampled to provide a pro- portional representation of all farms of that size range according to the 1964 census.

Grain farms. Farms where the value of feed fed was less than one-half of the feed and grain returns and value of feed to dairy or poultry was not more than one-sixth of the feed and grain returns.

Hog or beef farms. Farms where the value of feed fed was more than one-half of the feed and grain re- turns and either hog or beef-cattle enterprises received , more than one-half of the value of feed fed.

Dairy or poultry farms. Farms where the value of feed fed was more than one-half of feed and grain returns and either dairy or poultry enterprises received more than one-third of the value of feed fed.

Cost items

Value of feed fed. Includes grains priced per bu- shel at the farm average as follows: corn — $1.23; oats — 69 cents; barley — 88 cents; soybeans — $2.97; rye — $1.06; wheat — $1.66. Commercial feeds were priced at actual cost, hay and silage at farm values, and pasture at 13 cents per animal unit pasture day. A pasture day represents an intake of approximately 20 to 25 pounds of dry matter. It has been defined as

Table 11. — Average Prices Received and Paid by Farm Record Keepers

1966 1965

Northern Southern Northern Southern

Illinois Illinois Illinois Illinois

Grain prices

Corn sold $1.19 $1.24 $1.13 $1.15

Soybeans sold 2.83 2.77 2.59 2.46

Wheatsold 1.81 1.67 1.40 1.32

Oats sold 71 .74 .68

Corn purchased 1.25 1.25 1.19 1.18

Oats purchased 74 .... .69 ....

Livestock prices

Hogs, all weights $23.09 #20.68

Fat cattle, all weights . . 24 . 78 24 . 73 Feeder cattle, all

weights, prices paid 26.88 24.16

Dairy cattle, all weights 19.21 15.51

Sheep, all weights 26.02 25.11

Poultry .09 .07

Milk 4.43 3.77

Eggs .38 .31

16 pounds of total digestible nutrients (TDN) from pasture.

Cash operating expenses. Includes annual cash out- lays for non-depreciable items of fertilizer, machinery repairs, machine hire, gas and oil, electricity and tele- phone, farm share of auto, hired labor, seed and crop expense, taxes, building repairs, livestock, and miscel- laneous expense. It does not include purchased feed and livestock since these have been deducted from gross receipts in computing the value of farm production.

Machinery and equipment. Includes depreciation, repairs, machine hire, gas and oil, electricity and tele- phone, and farm share of auto.

Labor. Includes hired labor plus family and oper- ator's labor charged in 1966 at $300 and $280 a month respectively for northern and southern Illinois.

Interest charge on capital. Interest charged at 6 percent on January 1 inventory of remaining capital investment in grain, livestock, machinery, buildings, soil fertility, and farm share of auto, plus 4 percent interest on bare land priced at current land values.

Total nonfeed costs. Includes cash operating ex- penses, depreciation, and charges for unpaid labor and interest. Purchased feeds and livestock are omitted.

Value of land (current basis). A basic value on bare land is established for each farm according to the soil-productivity rating. This basic value is adjusted each year according to the index of land prices in Illinois as reported by the USDA.

Return items

Feed and grain returns. The sum of grain and feed sales, value of all feeds fed (except milk), and change in value of feed and grain inventories less the value of feed purchased.

Value of farm production. Total cash sales of products and services, less purchased feed and live- stock, plus change in inventory values of grain and livestock, plus value of farm products consumed.

Farm and family earnings. Value of farm produc- tion less cash operating expenses and depreciation. This figure includes the return to the farm and family for unpaid labor, interest on invested capital, and re- turns to management.

Labor and management earnings. Farm and family earnings less the value of family labor and interest charge on capital invested. It is the residual return to operator's labor and management efforts.

Capital and management earnings. Farm and fam- ily earnings less a charge for all unpaid labor.

Management returns. The residual surplus left after a charge for unpaid labor and interest charge on capital are deducted from farm and family earnings.

a.

+->

Vh

O

b3

a

«

'o CO

TJ

c

(0

4> N

'co >.

v* m

l-l

o

u

CO

s a

CO

o

C

C (0

a

Vh

w O

O

<u crj

Vh

>

<

J3 ccj

H

O co

X

CO

&h

^ cn io ^

no

ON

"#

*?•*

o^

o

LO

Os

On

"*,-h

<A*

5

ro

On

CO

7<N 6^

NO

CN

On

lO

70N

0™

00

t-H

CN

OOOOirt -O -* On no no 1— 1 • ** to N NO • CN •>*

NO N ON LO

nOOnnOM LO tHH t-H

no t~ On 10 CN CN On

<h\OnO CO t-h

Tin CO "-l CO

00 t-h On no t-h lo no O 00 NO T-H 00 no co CN CN

1^ C») N fi^ MO NO 00 -H OOtNOONt^THOOOO

cooOONOOnO^OOO

O (S r^ 1^ ^f Cn> ro -h on 10 On

,-H t-H t-t NO

&9

WIN On no CN N

O no to

On On 00 O to to

lOCNlrt Ovt^

n n t-h 69

—I NO N N

CN On

OOO^nO^onnOnOO

t— lOMONrtMrHOM*)

ONOLO"H<LO*HH'H<LON

lOCNlOMOt^Hrt co co NO

-H "* 69

CO ** CN 00

to o to

On O On

t-HNQ

CO 00 i-l CN On

"# lO 69

00 lO

00 NO

On CN

t-h CO t-h tO

00 CO

CO

On t-h CN CO

N NO N

00

&9

NO 10

-HO

CO •— I

lO NO On CO On O0 no CN

N CO CO 00 CN

CO 10

O0 N On to lONOrHrt

lO T-H

CO

69

CN CO to N

t-h On CO NO to CN ON O

to CO ON 00 NO 00 NO

CO t-h 69-

"* O0 O ON O -H00 1O00 00 no CN On »H

N 00 N

O <0 lO NO 10 O

N N CO CO -H CO

Tf CN On O 00 On

CN CN CN t-h CN

tONCNOOCNNOtoOcN OOCNtJ'LOnOcnlO'-h-h^ loONOnOnNOCNNnO

CO NO O NO

00 lo

t-H >*o On "* O0 NO t-h 00

lO CN

N ON

T-H O0

CO CO

*# On

lO CO

T-H T-H

CO

ON

CN

00 O NO «# CO CN t* t* O0tHi»)N

CO

c

lO NO CN CO >* tH< 10 N CN CO N t-H

NO CO t* LO -* lO

H/rHN'tMHTH O T-H &9

10 N

CO

to N CO

69

t-H lO

O

CO

n

69

n

lO CO no »0

T-H

CO

NO CO

69

OOnnO

CN T-H

o

On CO

LOLOfOCNtONONCOCO rf rH O0 00 OMD 00 O CN T*lNOCNT-HOsr~-ONU">T-H

CO t-H NO "* t_|

69

n no 00 t-h 00 no

CO «* ■*

«* t-h On LO t-h 00

OO NlO CN

CN O0 t-h ro

CN CO 69

T-H T#

LO NO LO NO

LO ON "* 00 LO CN

LO

o

CO "* O ON CN O N CO CN CN

ON NO CN

iOt-hONCMNCNOnOOn iOOnONON^NNN nOcocNOnlonOOO-hhon

CN t-H LO CO »-H

69

*#o

CN O0

00 t-h

NO CN lO

00 t* NO

CN On NO

lO CSH> CN

CN O CN 69

CO On On no 00 O

CN

CO 69

t-h CN N CN N CN

00 no On CN t-h CN NO t-h O CN O LO

69

CO CN CN ** t-h t-h "HH CN t-h 69

ON T-H ON ON O CO LO T-H O T-H CO T-H

O0NN

tHNOO no t-h r^

NtHtHNO

N N N on

00 On O ON

t-h o co no O

69

LO 00 co t-h ro t-h nioOm

ON O T-H t^- T-H

ON NO 00 tHH LO t*

MOO

O "* N

NO CO

o

o

o

i

CO

Oh

O vo

ON

"*

^CO

ow o

LO

ON ON "f CO

o^

CO

On CO

7^

O^3

NO

CN

ON LO <?CN

O^

00

o

00

1h CN <U CN

"V

c

p

60 c

c 5

t-H CN t# "* 00 O

O co 00 ** ON

00 t-~ CN CO

LO t-H tHH O NO CN 00 t-h LO LO

**co

NO NO CN CO

"*"#*# co • co t~-

t-H 00 O0 • T-H tHH

"* CO ■ t-h CN

t-H ON "# LO

O J— 00 ■>* CO CN

I""" CO "* T— I

CN t-h 00 LO CN CN

000

LO o CO

NO

N T-H

CN

t-H tH< LO t-H CO ON NO NO LO 00 CO T-H LO

C Si

Jtjt

— "tH

cJ2 0x1

3

a

a

H=-C

60. SP

'53 aj

*-§

-a x) oj c 5

-O 3 3 g-3-G

2t3""0

* u y O 0 P

c3 .

W IH 3

b>. o< a

.2 y o i. i5 <-* o c^<coKQmcu

g - (B

N o'o <"

o

CN

nnonnoo'-hcnoo

CNONcoOnOOnOncNt-h ut* CO no no 'J NO On 10

CN CO LO 00 LO CM CO

00 ON N rj< CN CN

OO t- LO

CO NO ON

CO LO 00

Tf NO

CN t^

t* NO t-H CN LO 00 ON T-H

69

O CN O CN 00 LO

-HO

to

CO

LO N

t-h N -* LO

ts

On On

T*tHt)<N

LO «* CN NO "* LO t-h NO

NO NO On t-h t-h 00 O «* NO CO N CN CN LO t-h

NINO "* O **

•hhO

On CO

N

ON 69

N

On

N CO 00 CO CO T-H

CN to NO CO

NO co 69

to On O

"*T-HT*

NONOOONOOCNOOtOON COCNN<OOCNOOt-h»>.

IOlON00ONrf00N

0-*

00 00

t* CN

*NN

OOt-h

NO CN t-H

00

CO to

ON <*

I— CN O NO t* ^h CN r^

t-H ,— 1

69

-* ON

to

ro ON t-h

to

69

CO ON

NO

NO CO

ON NO

co rf

NO no

NO NO

69

ON NOlO"* LO ** On 00 CO O0 OOrHlON

LO CO LO 00

CO *# -#N OO00N to CO CO t-h

00 CO On lO -* CN t* O CN

nONLonOOnt^Nloco cot-hncNCOnONNoO nOOnloOOOt-hnOloo

CN ON On NO •^ CN

NNO t-h to CN

00O ON

ON N-

O0 ON N CN

t-H 00 NO

On

0 «o

CO t-H O NO

>o

NO

O O CO CN 00 t-h NO On O CN LO NO

LO «* LO

ONHN

O t-H LO CO T-H ON ON t-H

O OnO

O 00 00

T-H 00 CO

lO t-H 00 "* CO t-H t-H CO

69

O to

CN ** 69

N N

CO

On 69

On <*

CO C-) 00 NO

T-H

O

CO

ON CO 69

t#00 CN t-h CN

N t| NO OO H Ov CNl tH 00

OtOcOT-Hr^000000-HH ■* Tf ro C) N N rn tj( 10

NO t*

00 CN t^. On

NO NO NO ^H NO t-H CON

00 CN On-h CN LO

O On rH 00 O

o>

CN

LO LO 00 00

LO O LO O

(^ CO NO CN

NO CO NO On CN CN O O O t-h

On CN CN co t-h

0 000

CO O NO

OOthO

co "-h no t* CN t-h on 69

On *tf CN

CO »-H CO 69

to LO

CO

ON CN

NO

CO 69

NO

CO

t-h CN CN LO

t-H T*. CO T-H

CN t-h 69

O0 ON LO

ON

On

On

00

On

CO O

o

to

ON

o

nOOnONnOt— icOLOt-h 0O O 't NO tH tJ< 00 ^ ON r-Tt<-HHON0ONOt^'*lO

CN T-t 10 CO T-H 69

lO t-H

N lO

00 •*

t-H ON LO

J^ 00 **

^H t-H NO

N ^-rf CN

ONCNcoCNnOcOt-hOnnO t-honconOOOnOt-h\o

r^CN^ONLOTHHiO-*-^

T-H T-H T^l CO T-H LO

t-H t^

On no NO

PC

w

Ch CO

h en o u

<

o

Q

<u

C- N^

g «

"*h -73

.t! ><

-— tn >h

■£ boa;

u C C

N--I ~ -J-* O

-•= y^

a. y. v co

°-3 OJ crj

B.t,

cd q,

% 3

CJ

c o

OJ

-a 00 ■

•n <u O OJ

OJ °i t- -

oj ^-r;

* Rj*^

cJ5Jo|

n "> u

S" 4) OJ

2 OJ O > +J

rt S _>h .£ V

U OJ —

,C0 uj Vh .u j-

Hc8<

OJ OJ

^^

O cci

C >

o o

69

00 •* ON LO 00 NO lO t-H NO

Oh •

,33 t->

IHH (j

to OJ Oh'h-

OJ CO > en

to1 3.5 u

U 60 r-

LO o

o to Ot-h

CN

00 ON

-HO t-H 00

** CO

NO NO

On CN 69

CN O

00 00 ON 00 to O0 00 t-h 00 CN N CN 00 CN t-h

On mhc* O0 t-ht-h

O t-h no ■* N t-h ON CN

CN H* LO T-H

O 00 CN "*

tJnON

On to

On 69

t* LO N 00

On N On t-h

NO t-h on 00

00 t-H NO N

to N t-h on

On NO t-h

NO t-H

69

CN CO NO CN Tj< 00

MOO

a

S£ 3. 3

CO 4-»

>*- OJ

-a

OJ

o

o

J 0JT3 OJ

QjtoO

> 60

CO C

3 -a 0

Cm ft

S 8 E

CO ^S

0- c

< CO

S"g.-g

CO v-J^ ft

< o'a •r" 00 co

U_ii u

!2"c5^

StC <«

OJ

cb 0

- C

00 tn c

oj 3 m OJ

C t!

oj "H

oj .3 ft cd

I— 1 co

o

o

+J

OJ ~

> OJ .i OJ . — I NT-,

OJ OJ <n tn

co co -C J5

o o

U L :Ji U

60

.2 u

CO o OJ OJ

ft «

O cO J,*

rfl

to to toUco H

3 3

Oh Oh

CO 3

Uto

CO -3 O

h

OJ (/>

00

3 „

, cO 60 —

XJ -j-j cd n

C +J 3

- > ft Vh

CO £ CO CO U^Uto

. t» tn

U) 60 60

60.3.2 .E'S'S 3 v- u

Vh CO CO

CO °J «J

E I 6 S

rt 3 4) OJ

8 5 60 60

bo CO cO

>> co 3 3

r3 c co cd 2 2 2 2

_-*0 3 3

^ 3 CO co

rt u'ed'rt aj 2 O.tl.tl h

co cd cd cd

torJUU

14

<n t-

J,

o 55

Pi

o

CO

E

+

o

IO

H

CN

SO

Os

H

SO

<#

o

PC

o

lO

ON

Os

H

,_,

o

sO

H

co

Os

CO

CO

CN

©

IO

SO

CN

Os

IO

CN

Os

6

CN

00

1— 1

co OO Os >0 © r-- cn h oo oo

H Os l-~ Os

tH Os

00

IO H ,_, H H

tH CN H tH

r-~ os

O

O 00 CN OS

cs

so Os t"~ © co H

OS CN CN CN IO

00 CN CN O SO

CO OS CN 00

H q\ so Os

OS IO H H CN H CN SO »0 SO

so r-» vOl- Os O 00

SO h OsO O CN so iO

OssOOsH\oo0sOco©cohon Os00h©osOs©p-iop-O, CN O 00 t— CN CO CO IO CN

O *— < H IO CO H CN H CO

69

iO o

cor^CNsOOscOCNHSO©00lO OOCNOOhp-cnsOsOHcoh

oo i^iflooNioo'*

IO 69

t- • "* CN H H H

sO iO sO 00 Os CN r— co 00 Os

O «H CO P-

HO h Os

IO IO OO't O O CN CN

CN IO CN H QS

,-< CN H H

*— i r-» co t— Os © so 00 H H

Os O CN Os © h os

H SO CN 00 CN SO H 00

so »>-

lOOO^ON

CN t—

■H^ O CO CO lO CN

CO O 00 O

CN O

co '— i h co 00

H CO

SO CN

Os co ■* so

CO t—

H co h© O

O "O

h t—

CO Os rHfS

Os

•r* CO

CN H CO

CN

69

CO

-*

CN

O -O lO O CN so

H SO CN lO

© Os

O 00 Os h iO

CN CN

CO 00 H ro sO H

OOOsON

Os SO

OMOOviO

IOIO

IO CN

00 co h SO

r-- io

Os H 00 H

IO IO

t— H

■*so H

CN

CN

»— i T-l lO

*-H

69

CN

CO CN

p-

CN h r— os p- 00

Os co O CO

TfOst^OcocoiOCNCNsOsOco coHsOsOHHsOHvOO\,-h io io co >- i r~ r- co Os Os

h &9

HfCjH H CO

CNHI--HcNp.,-lr-lcO'OH -f. H H H CN SO H 00 CO

CN H

h r-~

p- 00

OO co t-» O0

CO so

CN O so O co CN CN CN SO OS

© 00 H 00 CO

r-- CN © H so IO CN CO TJ< H H IO f~ OO

CO 69

■HfSlrH *-l CO

io h os cn

co •>■ 00 IO

© OS sO 00 SO IO

H t-- CO CN U"> IO IO CN

CN I— *— I rf H CO

cn so h h h r^

IO CN

00 h co Os OO co H io

Cs © io CO

00 CO H SO

CO sO IO OS © H CN H CN

<— i CN t~- H

H© H^H

OssOCNOsHf-lOlOi— it— (CO' OMOsOOiM/)tsirsiOf^^ io "* oo oo © so os r-- cn

CN

v-* w-i CO

•^1 »— I CN 00 SO SO

**©

69

J^ so >— i © so so ©r^ t-h oo © H t-©

SO Os

00 SO O 00 CO CN

lO t^ 00 OS

lO t-~

•"* Os CO VO

>* t^ CN CO LO SO lO CN

CO © -* Os Os co •* to

CO CO

o

©

lO

i-H

<

IT\

Pi

OS

H-l

1 ©

O

CO

U)

X

<

o

+

lO

SO

1- CN

O^CN

e

~ o .S ^

»H 00 Tj« 00 -*

t-h t^ Os O0 so

CO so Os CN

00 r~- t^ io

SO lO OS CN CN

H/O0CH0O

lO 00 SO iO

■—I CN ©

CN «* Hp. Os so r~ io

T}IH/Of^N »-t CN t-i ^H

69

00 OS CO t— CN SO Os CO >0 I—

CO t-«

CN ^ CN ©

lO lO

-* r)< CN CN CO H CN ^H .p-1

69

p. -^t tJ< io ^H CN ©

rtHJ CN SO 00 H >0 r—

CN lO CN lO P-

,-1 CN t-i ^H

00 P- P- CN © © IO IO SO Os

SO so CN ©

Os SO 00 00

CO so io 00 © H CN H CN

SO OS Os CO CN

©co so so 7-1 h cn -h

7-H OS IOH

SO © © iO

H 00 00 «0 Os 7— I CN CN t— (

SO io so 00

>-l © CN CN

Pi w

Oh

to

hn

Pi .

w

ZW >sS

<; i- i) i<

h- I ■ rj tao i>

co j t. c n .

cct-H„— O 2 3 O -g'a « rtl3

e

s

a 4> '3

<u

4>

> 2 o c

«3

C >-

§.s

•h bO

2 §

OJ ~

J (I,

c _o

o

3

o

18 "s 5

J) HI S

o o *

h«!OOON

co •-< r— cn

r-ONOMr^OiOiNOMH coOs©OsOs00f^'-H©OsCN7-i ■^ © ^ ^ 1— Os t^ —< lO

CN •rHCNsOfO CNlOCO

ONt--CN-^'-icocO'-HOsp-co00 •HT-HsOsOrfiOCOsOCNOCN

Tf iH N p. \£) CO 00 00 M o

H -H^ CN

cocoso'-hp-©cnio©soso'* Os**sOiooOcn©sOCNOt-i

IO Tf H/ Csl O P- "1 N H

IO 7-H CO CN HtOH

sO>— it— ico©t1<sOiO©00'^'— i «)NMKNuTOO>NH/tH CO CO©COCOSO©P-lO

OS iO

© CN Tj< -H< IO

Os lO

Os © CN

i-H Tji CN

© CO © H

CO i-H

© IO IO -H< ©

OOs

IO CO

© CO >0 SO

IO lO

IO SO t-h

t-h CN

t^ so

H

CN lO

CO OS

H •*

SO

H H

CN CN

"*

IO

69

-*

lO

sOOOH/NO

00 © CO

•* Os H

CN t— lO

SO "HH t-C l~-

00 t—

r^ so co co ■* .h*

O ■* H ^

CN P-

CO 00 Os so co

CN — i

IO CN

© CO <0 t^-

r— os

p- p-

Os ©

CO t~-

*— 1

t-H os

P- T-H

.— i

CO

H CN

H CN

CN

©

69

CO

00

©

© CO *— I P- CO >o

IO "* O0 IO

© 00

OONNNN

"4< IO

© P- CN CN CO tH

00 Tt* P- P-

CO H

CO CN IO © SO

-*,-H

SO CN

OS co -* j>-

SO CO

O©

© Os

©l~-

SO Tj<

co r—

H CO

SO

CN

T— t T-H

CO

Os

69

CN

CN

00 CO rt< "* p- co

00 © © 00

CO 69

HtNH H CO

cocOCN00sOsOcoCN©p-cO sOCsimrfr-rOO'OOOoOrH

P- C0©0\>r-HIOOSSOCN

©Os.— 't— ir^p-cocNsOsoco OscncosOcncnOsOscocnt— ( so ■* 00 -* Os "* r- l~- CN

CN H

CO >0 i-H © IO

r-©

CN t— i CO CO CO >0

Os HO ©

co 00

sO 00 ■* ^f CO

r-~ cn

lO CO

Os co iO t~-

00 so

CN p- t— I OS CN

00 t^

rf so

Os h co

so

i-H r~

69

'H

CN

Os

■HH

t— i 00 so Os Os 00

CO SO H p-

00 00

tJ< IO O SO P»

00 t-i

Tf Os CN co co "■*<

Os co 00 co

•* O0

IO OS -* >0 ©

00 IO

lO CN

OS CO -H P-

© -*

CN t~- p- CN

IO P-

>0 H p- ©

CO ©

© H 00 H

co Os 69

Os so Os co iO 00 © SO h io I~". OO 00 IO

IO CO H VO Os t—

t— I *H ,-H O "O »0

C^l © CN OS SO 00 IO CN

Os "O lO ©

C co Tf vo

2 8 c °- ?,

O <U OJ

'■5"13 3

o -m nj

3 « c

a a-a

"0

Q..JJ

~a ft

j. a.

C 3

a*g

.e-5

3

ft!" c 2

0) ■

-1 .3 4) T3 a. u ~

a ft cs i--3-a

£ 3 2 a).

'_'_'_

o!^i

-3 O <- >—

C3

ojO 6j0 OJ OJ 0) cu

S.g.S.S.S.g

0J.S'3'3j3iS « «

J2xi o ° >-h

'(3T3-3 +i a. i> , . 3

3-- O ©

3 b'o

oj k ft

> 2 rt ^

3 c i- cn — <u t* oj b/r.2 "" 3 c C

.3.3 3

O

co C 2

3 3 OJ OJ

E E

4-> -t->

tfl If)

CD OJ

> >

.E.S E E

Q 55 <

W -1 PQ <

i— i be

f— i _£5

h8

55 -o -

W 3 3

o o

U 01 5 bC OJ ft

— <J -o a & c E-a rt m £5 >>

u u cd aj oj j3 •3 > —

U rt S cc S rs >^-3

0-Ucot50Q< UUcoJ^O

OJ

_B tr> 3

J3

vf

Q ►J

H

Cu O

04

w

e

r- o rt

>h >,_e +-1 P o ^ 03

15

no

XI

o

b2 _C '4J

co

«

"o to

c

03

<U

N

to >»

CO

6 c

co fa W)

o

>>

u CO

E

E

CO

.Is

"o G to G

X) C (0

w

£ +->

<u

CO

O

O

<u

tm

co

>

X> co

H

O

§

o co

B H

CO Pi

'J O

+

On Os

**

co

On co 7o

o^

NO

CN

70

o^

C

N

to

CN

Os IO

ro CN so rt

N 10

O «H

SO to

NrtosOOONOOrtt^

CNON©COOtONNOTj<

iOOOrtirtrtr~.sOO

*-H N

SO O CN N

NION. ONiO

On 00 "* 00 CO O

--< 00 N

00 to

O CN

fO so

IO NO ■<*! CN Tj< tO CO •<*

CO CN N O

N

CN

NO CO *- 1 O

00 "# no 00 00 SO O co

0 00 to IO

N 00 CO -*

OnO-h

CN

CO

NTJ<"#ONCOrtirtCNsO 6*

O CN SO **i

SSNrH CN "* 69

to to

N r*

CN CO

N CN

O 69

CN

O

CN O O NO ■rt CN CO >rt

0

CO

rt IO 00

CN

69

tO 00 rt CO rt CO

SO

co CO

<o "*

O On CO NO

ONCNI-^On'^'-i-HIOOn O O O ■<* r^) -* N CO O CNSOSOOOCNOSCOIOO

NO CN On 10 r--

ro ro O

.-1 ■<*

1-H 00

SO O

n-HO

N

0

1— 1 t-i so to

N NTH

CN

O

CO IO O CO N rjH CN t~

lONONCN

LO

■rt IO t-- CO

O rt rt IO >*ONt^CNl

SO rj< co O 00 00 0 to

CN SO O

*H

•* CN 00 to CN *-H t-H O 69

N so CO CN

sOO ^h co

69

NO

0

CO

SO

69

SO

SO 1-4*"- *-l

N IO

x— 1 69

** CO O CN rt CN

^— I

IO

CN

N lO

O -* no CD CO CN

"*0

O SO CN to

■rtOOOOcosOoOCNO

^OSOsONOONOO ** r— ^NOvt^OM")

NOrt CN IO

O O

O CN ON O rt 00

-H IO

On SO

O On

rt 1 N O 00

-* 0

N r-4

CO ro

O.

i-ioocN)r»

Tj< ■<* CN 00 CO NO Tf N

00

O

OCSrtTji

tf O rt CO

*- O IO CN

t— CN rt< ^ 00 ■* CO to Tf to to

T-t

t^MNrfH ,-(,-100 69

CN CN CO CN

"* "* •^H CN

69

0\ N CO

Os CN

IO

69

LO

■* rt ■* 00

On ro

IO T-H CO

69

O rt SO

CN rt *-l

CO

O

SO SO

lO "* 00 00 CN O VO 00 CN >-!

ON CN <0

rOHOONOi'^N'HsO O"— 1 't r^ O ^) (N sO ^1 lOCNsOlOlOsOOOCNO

ON ■*N

SO O so 00 CO ■* J— CN SO

CN CN NO IO NO CN

•rt NO

to

Os

CN N

SO so

OO CN

0\

sO O 00 so

CN SO i-H •>*

O O

ONOtO CO IO to Tj< SO IO 00 CN

IO 00 00 Tf

t— 0 0 to

y-< N CN

v-<

CsiCNSO"*--! HN 69

no

CN CN

CO 00 69

CN tO

CO

IO CN

OS 69

0

LO

IO O CN NO

ro

IO rt rt

69 1

SO 00 CN

rt

CN

OS OS

NON">

■* co so co

^—1 ^-H

CN O 00 CO

rOO-^CNOOiO^lOO

SO t^ (N SO tf (^ b. ^fsO

i^^OOOcoO^sOOvsO

O N

CO Os

to 10 CO

to 00 •"*

CO Tf r— On N CO

«H 00

N

On"*

tO

CO

NO LO

00 IO O CN

T-< •>* T-t ^-1

O 00 O rt

O-

On O 00 SO NO no CO -*

N 1— 1 H v- 1

■rt O ■* t—

00 to to ■<*

00 O O

*— 1

>-i «-h •"* rj< «-< •>* 69

O so CN tH

ON CN 69

CN CN CN

00

r- t

CO CO 69

<-o

CO

CN N 00 -*

ro CN

OS 1 rt. 69

OlflN

o

CO

DC h

is

O ^

o

00

u 00

-£^ TJ C D3

2E

cu ct)

N "^

.S i-

CN SO ■rt to • 00 f- NO OO 00 -rt • IO CO NO to ■ t-- 00

00 SO »-< On to OS O SO 00 On N tj< •* CO CN CN CN

N CO CN ■* • to CN On SO 00 <-l • IO -# CN CN • CN OS

"* •># CN IO t— "*

CN O 00 •* no <o CN CN »-( NO

OOHHfJIOOOOvN OOOrot—roOOO CNONsOOtONCO^f

•rtr--sOO'*|CNrococo CO-*

rt Hrl CN 00 tO

69

-* CS|

ro ro t— to

t-- to 00

to 00 r—

tO On CN t^ CO

CN NO O *-<

69

0 no

01 00 CN ■*

o

00

00rt

rt o CN -^

NsOsOO cosOC-On On O O CO

N CN

toOsONsOOOOOsO 00001^0"— it--r^r~co OOtOcoorootOtO

tOCOrtHt-~CN'-l«-lCN'* rtco »— I «— c IO CO

69

tO ro

ro O rt rt

IO N SO

00 ■* to •* too

CN ^rt ^H IO CO CN rt SO »H 69

00 CO 00 to

O so

so «H On N

rt rt

"* CO

lOOOCNOtOt^-*CN>-l

CNt^-COCOroNONOONO OCNlrtOfOOsNNO

■*COOnOCN HHrt CO,

•rt CO CN

69

CO to CN SO

On O

"* 00 o 00 •* to 00 ro o

NOroOtOsOtOCNCOOO

OssON MONOONTf

t^rtiO00t^-t— OO^N

rH CN CN J^- •* >-H

rt 00 O ■* CO CN

00 00 -#N

00 to

NO ^rt CO

69

to O O O0 CN O N. OS SO

CN O 00 IO rti CN

■* 00 69

TjH "*

00 CO tO ■<*

so ■* cn r^- CN CN ■* rt

00 00 to 00

tO 00 --I t~~

rt IO CO rt

O N IO 00 00 CN «* "# On t— N CN

O O co co

■* CO O0 N

to o

On N

■*

■rtOlONOONOOON OOOCNlO'rtCNtotorO

OOt^cororotONOcoO

y-, r« rt IO •* r^

rH NO CO O CN T-l

CO rt ■* O CN •*

CO CN ,-i CN 69

O 00 CN

ON CO NO ■* rt IO

On On

■* so

o to ■* to

o

CO

o

so 69

•* CO 00 CO

CO »-t

00 CO to CO ■rt CN ■rt

t^ O CO SO CN 00 to O CN O0 O SO

O to •*

CO

69

OOTfONTjl NtHOfNl

•* O to co

O co CO to O to 00 to

NOON

rt LO ON

rtl ^H CO

69

N NO

CO

ON Os -# "* CN

»M OS

o

"*

to

69

ON

00 o

On rt

N^OOO

SOO^nO ■^ -* rt no

OOOMCJrt

■rt r^ no

rt rt CO

OS

o to o o o

N ro 00 no CN CN *H

CN N IO 00

no *-( Os 00

rt IO 00 rt

CO

■*

69

•* CN CO N

O rt IO •*

00 •* to ■*

■>* 00 CN rt

O «— 1 co 69

rt N CN CO

OO •rt to On O Tf CO rt

CN N O0 CO rt CN

CN CO O 00 SO 1-1 to SO N 00 CO

•* CN O

CN rt CN

O CN rt1 00 O rt o so CN t-i CO

co O O •*

00 O 00 o IO rti NO to CO CO t^- •rt

so 69

sO 00 •* O SO so 00 00

ONCNJ

SO O co

T3rt

CXI J$ jxj

6- °^

rt C 3

O

4> u,

.-U"S«i

co<coK

•C -C

.« CO -

8 J: s

H-o.<"

cu c H -° 3 2

2-TfO »j3

0 o g u u ^

UN«^

WHO

Pi w

Ol,

tn H ty)

O

u

0J

CJ

.-O C

05 — <<> i- ^ u C C

j-2-g o

g'o'S^'co QcooaS,-!

c

o

ft

X <L>

m

3 0 —

c.t:

o

.2 c

E ° 1)

T3 t"0 '

XI

o

50 a>

O <V

c«

HcoC

CU 1)

c^

O CCJ C >

O O

w S

Ort1*- 4)

co > <2

►7 o c

<^ 0 t-

^ U I- °

M 3.5 U

u be r-

»<< u S rt

Q > 4) -C

^.C 4) +->

o cu

-0

4) 4) ■rt

c o c

§1

69- rt

»9 C rt

CO +->

4)

c c . .2.2

o +j

s S

-= E r 00

(0

c

rt

0 o

3 3 ■OT3

o o

t-c u

a a E E

'— u. CO CO UhPh

CU

o

■>

u cu

CO

05 C < CO

CO

p-o.^ I , -* rt u

< Oft'5

" co CO 45 CJ cu u co

^"i^ 8

I-! cO"rt O

feUco H

u

o

.- 3

co 3

cu - CO cu

c ■ cu '

X ™ -o «.ti e

ft 4) CO "

-O-o <U 4) co to cO CO

U cj

1- ■_ 1 . 1-

.E °

2 ° -a

CU OJ CO

n, to rt

O rt cu

JZ rt

_C o rt

3 3 O-0rt

rt 3 O

U0h H

bo

5 4) CO

a °- d,

"S '"'ft u

^ r* & cQ

' ' rtUfe

u

4) ft

. CO to

tn bo be

bC.E.E

.S'E'S

c "- L- v- rt rt

rt 4J 4) bO<U ti ti .3 C 4) cu

E 2 E E

rt E 4) CU

S £ bo bo

bo rt rt

-*< rt c c

r3 c rt rt

E g E E

— XI 3 C

% c a a g o.ti.tl

C J2 ft O.

rt rt rt rt

fcJUU

16

I

SO

to

o

o

CO

I!

en

Oh <

o

O

+

Os

On

if co

Os

to

P-) Os

00

o

00

3

ONONO

!*5 co so ir> oo

SO O IO 00 00 1-1 ^— I ^f

IO 00 O0 00 \o

i-l CM i-H 00

Nh- co CM

to ©\ os r—

NOii<OPs]oo>-icMififoops]

oo^oo\'-iNa^'*o\rsi-H

«* ifsosocotocMOOr-]

i-Hp-)ioco-HCMifif

t*±

co 00 N 00 so i-h (S-HO0

to Os to ps)

OOOOO^rH

-*> SO Os-H

-H CM

SO so

Cs

Os

OOOCMSI h i-h co i-i Os

ON

sO Os

O 00 SO P-)

1-H 1-H

to

NONWO

so t~-

O Os

sO Os CO CM

o

HHroNO

-H r<s

r- Os

00 -H so if

1—

Psl

sO to •

to oo ■

l to so

I IO CO

PS) 00 O0 so i*< IO HN

MNNfOO

co oo >OsO t-~ Os t— to

OO

NfsllO^^fsiOOlOfO^OOMO OOPsJCOiOcosOiOPsJOsiOi— i

i-H 00 00CsiO»'*HO

if rtfOCS i-H if i-l

69

NTfN00Of01O"l^lO*N OfO'^OOCMOt^OlO'-li-l if Ost^-OssOsOP^OsoO

uiOOrOOOsOI^NrtNOiOCsl c^iONKsfs'iOt^OvNO'-i to sO to if if I— Os 00 r—

rtNifvOOO'iO^OtNi'H iOi-H--fps)<osONcococoi-i r— >0 O sO omo t^ 00 iO

O

so

IO Os i-H 00 CO if

CO •"** <so o

OO SO IO Os IO

SO to co CM 69

Os t— O ^ so

to so I— 00 co s© to so Os

so <o m

i-i P-) i*< P-l

SO'rt

CM 1-H

if to

Os

CO

N l») IO sO Cs] T|l

IO i-l 1-H

O co PS) to

Os CO <0 so

if

Os

fO so O Os i-H o

** Os O y*

SO -H CM if

if -0

ps] 1-H 69

sO t-- iO l* if

00 co if if to

Os so 00 Os

^H SO i# s-Hs-H if

l—l

Os-H IO if

1-H IO

to

ps)

O CM •* iO Tf co

SO 1-H ^h

Os i-H Os 00 00 CO CO >o

to «o

fs| 00 n N t^ O

if i-H CM 00

IO 00

O 00 O co

Os 00 OO IO IO sO<*lOOOM

no n ^h

O0 if

no

tH so

N so i* to ^f i-H

IO ^H ^H

O ~h ON Os co if so

Os if Os 00

co CM

00 CO

■*o

P-) CO O) io CO ps] Os Os N to rf rq 00 co

OO vo so IO so

OO

Os co •>* >o n o

n oo •>*< to oo to

O) N co oo

so i-H so t^ 00 IO CO SO

OS-H

CO SO

if iH

r-oomif CS sO -h p~) pm Os i*i Os i^ co

sO t~-

P-l sO

-H SO

SO IO i-H CM C»

SO -H ^H

O CM so so Os CO CO sO

CM 00 69

IO OS -H

SO

00

Os

00 CO

O CN Os to t-~ if

O00HN

00 00 P-) if

00 i-i

Os if to CN Os

CO P0 i*1 if t^

If ^H P~l ^H

IO l^-

O so ON

IO OO LOtNN

Os CO IO IO

Os CO if N

O 00 IO CO 69

CO IO 1-H Os

04-^1 if

CO

oo o to

n

■*

oo oj oo P<) Os O

00 Ost^ O

OOtJh 00 to CO N

00 if CN Ps) 69

16,742

24,540

148

1,077

219,925

if CO

r— t--

to l—

to

CO

CM if O0 CO O

SO 1-1 -H

i-H to 00 O O co if t—

to

O)

Os CO i-H O IO to

r-tOOOsO

OS if

IO CO 04 P0

if N PS) i-l 69

NifsOOsO CS100LO00M *0 CO 00 i-l

CNrsl i-H i-H ps) SO

sO (O sO O to 00

O0 CO CM

CO to CM so ps) Os

SO ^h

i-H to if 00 O co if N

so

OONNNrtlO

CM so CO CO

CO IO

P-) -H

i-H 1*

Os if 69

9,044

18,811

116

812 125,225

so r—

if CO to 00

1^

00

SO Os Os i-H i-H VO i-H

O IO IO if

O co if N

If

Os O0 to VO i* Tf

1*1 O HN

SO ■*

i-H If

oo

^f O

i-H i-H

69

sO^NlOM Os 00 t^ O 00 O SO t^ if

SO ps) to

~H 00

if so

o o

-H O0

Os PS]

i-H

N rf Os CM CO

SO ^H

00 00 00 to Os CO if N

o o

I

so

o

t—t

O X

co

<

O O

X

+.

Os Os

"* -H

I

o"^ If

CO

Os CO

o'

sO

P-)

o

o

00

Vh 00

«JfO

o 2

siiS

OJ

00 IO to if SO

CM Os sO i-H O

CO so Os CM

O Os —<

Os 00 O

Os -H oo 00 co

HH(S|HO\

OS O CO i-H so

00 Os vO CM ps)

CS Os to ps)

i* i-H SO if

CO CM (O <o if IO 00 to

CO O — < O i-H

i-H i-H CO CM Os

O SO CO SO t-H CO if t-- Os IO

i-i ro t~~ o

SO l-H N if

O Os o o O co O OO

IO P-) if CM O

i-H -H CO CM -H

HNOOOO N O so Os 1*1

00 IO N i-H

so -h O0 to

N to IO CM IO CO CO CM

CO CM if CO O i-H i-H CO CM ps)

OHrtlON SO 00 CO CO CM

1*1 SO CM O

co cm oo i-H O

i-H i-H CO CO if

if -h Os r—

O ^H H SO i-H i-H CM i-H

w

Oh (J <

w J

CQ < -J J

Oh W

a,

Oh H

cu

u

3

• "° s

^'3 M st>

int.se

'3 "*

-a

CD

c _o

u

a -a o

o ""

, uS 3

UcO0hSh-|>

3.5 >«, +j 0! o ^ M §.

o 5

4H ro

s" _,

> CU ._ CU

sJCx,

CS O > C

O O

ps)sO00coPs)ps)OsP-)t^-sOPs)sO t^CMtOiftoOi— iifi— ti— 1CO1— i CM if IO f) N H/ "j l-> Os

i-H CM if t^ IO i-H CM if IO

cOP-)sOror^totOOOvOi-ips)Os

CslsOsJiJir-OvONOO-HCN O lOiftOt^OvOOcO

IO i-Hps)Tfps)-Hi-HlfCO

tOOr^i— ii-fpslsot— Ps)t-~Osif

OscoOOOsOscoOsOO'-'CM-h Os OsCsJsOi-Ht—pNjifsO

CO CM CO CM i-H if i-H

69

tOi— llOOOiftOifsOiOOsOcO lO^iJrtCsnOr-t^ONr- 1 N t^t>.sOtO00OsOsOs

tOsOOOOOOsOOsP-)lOifP-4 tOCOififCNP-ltOif00t^-i-H

00 LOMNtOsOt^sOsO

C/) C

a

SI'S

►— 1 7; J3

r &a

f-i y. en

0"rt a

§8

CU

ct)

U

Q W

r s sU C

W3 OJ

v/)Uhi-J

O- oj <u •«

** a

c 3

CU CO

_ ac

S"S ff.S

nJ S 5 cu •

Ji-O >^>>^ro

Ih Vh U, ^u

bo bo "J cu cu cu

c c c c C C

'3'3^^^ rt

o

ro M—

u 0 2

ro o

H co W >

• -a

' c

>vrt.

c ^ o

."2- S '5*a — : o. <u <g cb o

CVl

>s-t-

S c ° - Z "" cu bo cu bo-^

5 2 •"•So2<*'

2 "co C 2 co" "3 -"5 _.

^ 8*3 £§mco<-H

<C.« 1- cu^HhHL'■'^, rt

LJhJOOh >

c c cu cu

6 S

+-> 4-» CO CO

, cu cu

> >

.s.s e s

u •-

Q

< ►J

W

-J 0- < -1

l-J <"

S bO

E-i-S O S

cu

a

0 0

c

2 CO

00 cu O.

— O T3

rt rt c

S-a ^

<0 2 >s

In Vh Csl

CU CU J3

-3 > —

cu J2 co

3 hO

CO

Q

J W

Zt3 co

urtSs

W o o^^ ±? OhUco^OQ< UUco^O

n ^ rt -

C -O o co

o ^-3 t;

O o -^ ™

17

vo as

C u v

+-> 3 O CO

+->

re

o CO

T3

C 03

<L> N

CO

>.

tQ w

s

re o

c

o

>.

i-l

re

s

s

CO

^^

.2 'o

G re

C

fe

C 03

t/f

C. u

+->

w O CJ

<o bjD re u <u >

X>

03

H

IO IO

I in

o

Pi

o en

K H

co <

[In

O O

K

is

o

IO

On On

O co

On co

<"> _h

O^

NO

CM

O

o

00

Vh 00

4) t-H

c 13

wNro^ -00 1s* co CM CO O ■ no to 1-- IO t— I ■ CM *#

OnOOnnOiocmOnOOn

co CM

**o «*

00 IO

CO

t-H IO

IO O

iO

<ON-hN

NO On no t-h io

1 1

■HIO"*

vO fO r^ >-i TO ■* O io

O On

co f~- I-»

r— t--

CO

IO iH

NO

"* "-< CO no

iO O H r-» no

NO CO CO

t^TftOt^^fOrfOOO

t~- t-»

O oo o

On CM

<*

On h

O

co no co r^

O O no ■<* co

■*NO-H

Cr^nNNrtfN'HO

I-. to

»* r- cm

co NO

00

o

t-H

IO CM IO »#

00 CO t—

1-H On NO

t- <

<* co

cm co

NO -h

CM

On

On

CM CM t-h

NO CM

CO t-h CM

69

69-

69

69

CO "* CO NO

O t-H CO NO

"*co

NO CM O 00

coOr— On 00 t- < On t- inO NOf)r-O^O00t» NO tO IO 00 CO ,— ICMCOIO

t-H TfnONlOHrtrtrtVO

»* NO CO CO CM O

CO co 00 IO O NO 00 00 CM

CO *-H CM IO t-H l"- OS On CM CO NO CM t-» CM CM tH ■>#

t-hOnOOionOcmnOnOiO

lOt^CMNONOCMO"#NO

oOt-^iOioONOr^ONNO

t-h CM t-h t— "4< t-h

"* to

CO CM

00 NO CM IO

T#0

CM On

On NO

-HO CO

co H >#th

t- CM

t-H CO CO

oo cm r-.

00 O NO

o no >o io • o *-h

cm r^ co • •* no

CM t-h ■ t-h On

CO "* On CM CO t-h CM CM

■o ■*

IO CM

o

ONOninhmOOh CMNOiO©NO"-<CMTtlCM ■^co-^CMOOlOlOt^-00

CM t-h IO "# CO

69

NOt^ONt^NO'— iiOiOOO -HCOOCMt-~NO"*NOCM NCCMCM-HlOCO^Oi^-NO

">* o CM CM

CO O

O -H ON »*

>* 00

69

CM O CM

CO NO IO

NO t— NO

r-- On IO 00

IO

NO

On O CO CO

NO

r^ co to On

00 On r^ On co «-H io O

»H ^H ^H ^^

^f On NO CM 00 On

On ■*

NO NO io

NIOO 00 O -*

■^ -H OH

NO

6^

NO -H

CO CM

CO

OOUIt^rH

O CM CM NO

HlOrtO

IO t— On ■*

O O CM i-l O O CM no r^ to -h CM

CO tH tO

rH

69-

ON "*i On NO

N©HrH

O On On CM

NO

CO

CO CM NO O 00 On no ^ to On CM

00 On 00 CM

6^

iO IO CM

r^ co co r^

co ■*

co 6^

O ■* oo to

•H On O 00 OnoO-hh/

O CO 69.

tO CO t— On IO

CO tJh IO 00 -H CM r^ CM

O CO CM 69-

O CM NO O NO On to CM On CM O CM

O0 co "# NO

O 00 T-H T^

CM O IO

O to 00 no to

00 -H CM

&9-

^ NO NO IO ,H©l-,H

00 CO CM O CM O NO •>* tO tH On

IO y-l CM

>o

CO

-H NO -H 00

CM 00 O CO Or--H

to

IO

I

to

o

§

o

CO

CO

O

+

IO l

On

O

»o

On On

?!

o

CO

ON CO

o^

NO

CN

o-

cd

O » I-.

•35 >-

0)

^s

IO CM •* IO • O t~-

t-H CO CO • Tj< 00

O 00 • CO ■*

■h/i r^ co On cm i-i r~

O O co Tj< T-l -&

NO IO -H -^

CM NO "* Tj< -r-1 CM t^ ■H^rc,'* CM i-H

^j< ro hco

tH t-h no cm cm -h to O NO co co 00 O0 CO CM T-l

COCOI^iOOnCMOnOt^

CM IO

NO •* CM

CM O

co

CO t-H IO

t-Ht^

iO

r-~ ^ tHh ro

00 r^ O ** cm

CO CM t*

t^OONt^ONONCMTflO

NO t—

IO J~- CM

tO On

to

•* CM

NO

O 00 O co

cm co O O O

H/OV'f

t^-00iO'#iOcO'— iOOnO

CM On

O CM NO

On NO

NO

t-H CO

•*

00 ON to t-h

t* O >* 00 CM

"* On CO

OCMT*t-~CMCMCO CM

t^O

OMOH

IO 00

*#

to

IO

IO CO T-H co

tHH t-H tHH

NO T-H T-H

■O -H

NO

t^ r-H

CO

00

oo

CO tH

IO CO

CO CM CO

6^

«^

e^

69

nOOOOnOnOOOOOt-hoo OOCMnOcocMOncmiOt-h T-Ht^t^-OOOOCMtONOlO

NO t-H On IO t-H t-H • 69

OOtJiNOHhONtJI OOOcOOOOCMt^lOCM lO"*»*NOC000OtOlO

T-H CO O

t-h -hh ro

CO CM CO

COHNrJH.

69

OnOcoOt-ioOt^OiO rONONOcocOONCOCOt^

OV H t~ (N rH I/) N >* Tj

NO t^ CO

f^ -HH NO CM rj< "O

IO On t-h IO On

CO •* 69-

>* CO

oo to 00 to

H 00 NO NO

O 00 o •*

00 CM

t-~ On t-h O 1^ t*

co NO O

CM NO

O >0

to

69

IO T-H

l^ CM

** CM

CO O O 00 CO NO t* CO Tf On On O

CM CM 00 O

t~- CO OO »* t~ IO •* CM

NO CM O CM

t* On NO NO t-h 00 CO t^ CM t-h

■ no co

• NO NO

CM t-H IO t* t-H

69

M3 tJ( w) o >* a N th 0\ nOcmOnOt- iroNOtoto

T-H00tONOONlO"*'*T-H

O CM NO iO "* CO

•^t1 ^tl CM

to r^ oo

O CM NO

OO

T-H tO

O "O

CO 69

O CM CM On On CO

t^ O O On *"» CO IO CM

-* t* O0 l~-

CO »* t-H CO t^ CO

OOt-h no O cm

NO t* NO

NO •*

t-H 00

00 no NO On

CM CM CM IO

t-h NO CM CO

O co r^ oo oo to oo co

CO CO «* 69^

o •* no to

HCONN CM CM CM CM

CM t-h t-h 00 O 00 t— CM CM t^ O

00 t-h T-H On t*

CM CM t-h 69

O "O t* CM CM O O CM t^ CO IO t-h

IO IO •* ON

•* t* 00 CM

On 00 O

NO O

"* "*

tHh0

IO T-l

t-h O On O t-h CM ** IO

CO O t^ t-H

00 T-H T-H f~ CO

O TH 69

"* CO CO >o CO IO H O

IO T-H IO t-H

On NO

t-( tJ< IO On IO t-h CM CM

NO 00O

00 CM

IO t-h t^ On O IO CM t-h

CO 00 t-h

T3 C

4)

13-

-O —

be °«

<v u

-a

-a

. <H

N u

'co<

O^ bfig S 3

4J C

nJ .

1h CO

— C

"3 J, coE

a) c S

u o

- CJ o

i? 3 3

?T3l3 O o p

° >- o

'3 <U IH

W CD O

QCQ"

Ch

to

H

CO ---o O Tj fl

L (Q s.

drill

c cu a y, v id

3 . 0 —

D CTj

C '

CU

a

CTJ

u

c

o

■w T3 en oj O 1)

3 „.

3 rt

nj h3

c>

a> ii

"So

4J CU

0 a c >

4) _ _,

B-d^SJ; eg eg HcoUJw

O O

Ph u (V-O

U.41

Oh

4)

C-1 u. -, O M 3.5 O

* E &£

J +3 cci

QJhO

> bO

■a rt

-o

4> 4) «-t—

c 0

3

P< 3 < OS

cu

3 3 .2.2

O 0

3 3

O O u u

a a

S e

u u. cc! 03

fed.

teH NJ

S 3

1— ' o.t;

, ** nJ cj H "*-i .ti 3

< ©a-5

J-; en rt J3 (J 4) u en

SI'S 8

K c3i5 o feUco H

Cl)

T3

>

CD

■o-a

OJ

m

i/i

in

03

01

-3h3

3 3 Oh Oh

- en

s^ 1

4) "■ xi til

»§■§.

.5 o x

4> 4> 2

Q. en 03

O o! O

J3 o o3

en Ih -t->

CV3 3 O cd

UOh H U

-a

OJ

E

3

CO

c

O

00 ; o 3 cu en

^h3 £°0 3^ §^

j323a

en *> a u

nj P 03 o3 ' '^Ufe

4>

4)

a

. en en en be tuO

be.S.H

.E'S's

e '-" u

l Cd 03

03 « «

£e M *j t;

£ § E S

c3 3 4> 4)

S £ bo be be 2 2

>> a3 3 3

3 r td rt

s « e s

03 3__ ? C 03 03

ra " 03 03 S O.ti.ti

C jd a a 03 03 03 03 fe-JUO

18

C/3

+<

o ' to

On CO

I

n©

ON tO

"^ 1-H

00

i- 00

1J i-H

-a c

+

On i*l

6* o

lO

Os co

NO

CM

6^

00

o «

u

4) 03

1) 0) .O.

£?£

ro CM On i*< CM rHVO OM 00 iO -^ no On no oo i*1 to

cn) \0 fO 'f Is- to i-i H O i-i CM i-i no i** r— CM On

oo no 00 cm co noon On c*5 oo On co r- t~- 00 0\ 00 O

-*i r-~ © 00 On nooo OnOn t-i co i-i r— to t-» too

O to NO no co co to fOO

On O O no r-t roio On 00

(NOO^OW f- i-l i-l i-l

i-H CO CM NO NO00 lOH

lO i*l ON 00 O0

Nf^OOOOO

co no

t- 00

O On CO O

CM

i-H CO CM 00

i*i co tO 00

CM co

-tf i-H rH i— 1

ON CN

ootNONC-OTfMwt^ac-oo

iH 1*1 00 i*l r— On i-i oo cm oo cm NO i— 1 NO t— ON © i— i On CO co

NO HiH^«)HHION

69

(N-HMOOWCNUOOC-tNO") lOCMlOi*lCMi— Ii-hnO— 1NOCM lOi— li-<CO©cOOOcocOtO

i*< rtH^W Hif H

69

OOCOCMr-OOOCMt— i*ii-lNOco OONOcO^OO^OcO'-iONt^i-l t-» NOOM^hOOO

CM i-l CO i-l i-l CO

69

lOl^NONOOvOrtOOlON ■*<t-»lOi— iiOnOOOOOnOcOi-h CO 00lOCMi-li*lr— IONO

CM i-H

CM i*

CO On

th On CO i-i 69

CM CM

CM i*l

O co

CM CM CM i-l 69

CM CM CM O

CO to

CO NO t-» CM O

CM no CO NO O

lOOlfOrt 1*1 CM i-H NO

i-l 00 CM NO i-H On CO NO CO

Ocm-itCoO ■* i-H CM On co O i—i i—i 00 i— i

Tf On On On

i-i CM lO 00 CO CM

no"

o

CM •<* On CO NO CO

ON r*< CM CM i-l CO

O CM O CM CM lO

On CO 00 NO t— O

O O ^ CO ^H lO CM i-l ^H

t— no 00 On O On O O •<# CO 00

lO CM i-H

CM CM NO t— CM i*

io co r— t-. CM 1*1

00 to CM O i-l i-l 00 On CM i*i

to to

00 i*l

^ O NO no co -H i-l CO CO i-l

lO NO

00 i-l

o o

NO CO

CM 69

•*i CM O 00 i— i On On nO O r— to ' NijiMOHoomuioo^ to i*H-»noOnconOOnCM

tO r— i** 00 On

On CO tO On i— i

On to On CM t~~ 00 i*i CM 00 h*

CM CO I~- O0 CO &9

OONHif

CM CO CM to On

O O0 i-H 00 I CM i-i 1-- On no CM

oo o o o

1* 1*1 to no

CM co On -h -^ 69

t— NO On CO NO co O ■* to 00

Or- O -h i— i t~~ On r-»

to O tO On i*0 -* i*1

CO ^H

NOr— OOiOcoOi-inOOnnOnOOO OnO-hoOJ— OnnOcmOn«--CM tOCMTficoONONOONOOco

O i-l i— 1 lO CO CMtoCM

i—l

69

no O co r— cm-h\OcOi— itOONto ooONOto—iioior— coOi-i Oi-ir— On -*1 cm to no i-h r—

lO

CO i—l 00 NO lO CM

i-l CM lO

CM i#

•* NO O NO CO

to to

00 00 CM i-l i* -*

r— no oo

r- CM

On 00 NO NO i-H

!-H lO

1* "-^ i-H i-l

r— cm i*i

i-H t—

i— i r— i-< to no

CM CO

CM NO

l— 1-~ co

00

i—l

«*

r—

69

CO

t—

CO i-l O 00 CM i-H

NO I*1 I**

to to

to On co 00 to

O — 1

r— cm i*i i— i if

co co r—

i* o

i-i cm i— cm O

O On

lOHH i-l

r- cm "*i

lO i-H

CM NO NO On

i-H CO

00 NO

lO NO T*1 CM

CM

to

69

o

On

to to o to r— o

i*i -*o

CO CM

NO CO I— 00 ■<*

CO to

00 i-l CO CM O

CO NO O

00 CM

OOlOifO

i*i r—

i*l CM -H ^H

t— CM i*l

r— On

OCOlfrH'*

O CM

NO On

i-l CM HN

©

i—i i—l

CM i-< O

00

69

CM

CM

1*1 to

O CM

r— -*i

O O lO i*l 00 I*1 CO i-l CM On 00 r-» CM 00 NO

NO 69

i*1 CM ^H i*l H

00 O O 1* On NO

cm r~- i*i ion

O i*i i-< co 00 i— I CM i— i i— t

CM O lO NO i-H O0 On r-

lOcONOoor—OcoiOi— iOnnOco

(NVOC- CMNOOOlOONO'-l'— I lO lO 00 O 00 1*1 CM O0 00

CO 69

CO i—l i—l CO

00

CO 1*1 lO «-" O i-H

Oi-O

On On

On OO -h no O

CM O

O O co i-1 r— r—

tO CO O

i*i CM

On f- nO co NO

i-H ON

Tf CO 1-1

r— cm to

cm r-~

CO i-l i-l CO CM

O0 CM

t— On

»-i r- co i-l 00

On

69

\Oi*00hc. CM i*i O CM NO

O -* r— co

tO CM

NO CM

•*<

i—l i*l CM NO no i—l CM i—l i— l

t-< to -h co

On cm

On O0

r—

i — i

ON

On NO 00 i*1 On CM

NO no O to i*1 1*1 CO CO O NO

00 00 r— 1*1

Tt< i*i On t-- 00 ■

co 00 On 00

OOvNO^fcOi— i ro ifO <* lO uiCOONONN i*icmcmOi— i 00 cot— cOCMCOOnOnO

CM CM i-H i-H CO

i-HlOOONOOOCMf— OOCMCM'

N^OHino^ONNH i-l « ifl W O ij C- H if

CM i-H CO

69

i*i r- t— i-i

O 1*1

NO i-l NO lO CO

NO On 00 i-H O

CM NO

to ~* i— i co

On O co

CO CO i-l

NO t-

O0 NO 00

r~ cm 1*1

to 00

69

O nO 1*1

i-H NO

NO ON

to

CM

••*> r- to

On Tf NO

CM CM T*i

t— i*l

CM On O to

CM 1* NO NO NO

r— i— i On no co 1*1 O to co

to 00

O —i

~H CO

O On CO I*1 CM i-i

no r—

ON !*■ 00

r— cm 1*1

•**• to

69

no to NO i*1

00

NO

^ O -'t^n TO CO

19

sO sO

4) XI

■4->

o c/2

c

nl

C

in

<u XI +-> in

o

bi

c

• ft +->

M

o

CO

T3

c

cfl <u

N

w >»

u

ca

fa

u

Q

>»

Eh

1

s

CO

.53 'o

c

CO

c

ID

C rt

c/f

C i-.

•4->

to O

O

<L> bfl co- in

>

<

«o

-a ca H

CO

O

(*£

wr;

D

OJ

co"co

< Q

to

CO

I in

co

O' sO

cn

Os

2:

o

OO

UN

0> T-l

c S3

OOfOONOlOH OON "0 CN Os

IT5 T}< T-l

HloOOONNrJ t-H lO CO rt tJI 00

CO CN

lO'JftOMO'-IH -HO\NNfO Tt* CN tH

rfc<)Or-Hrt hn 69

-h H N N r? co rji N ro

1^ ■* CS rj( (S O lO ■* -H

00 CN

"* in

tH tH

O SO CN co Os th oo t^ r^

CN CN 00 SO ■ 69

^ ") lO Oi >* fN SO tH - 1 fO O0 ■* fj! cn r^ (n o a Os"">iOOsOstOCNCOCs

Os CN CO CM

Os 00 00 o

CO CN

00O H O

co Os r—

O 00 co

"-> 00 CN t—

o

Os so Os

"# t^ TH

CN Os co

OOtJItJIsOO

co —* co CM co

tHtWSO Tjl

69

i^Or»-*T)iHMroO iO O r- iO OMO 00 tM)0 OTHsOiOsOcOTHOst^

tH^tJItJI CN

00 lO CN T-l

r-- so t-~ so O so

Tjlt>TH

69

HfON

Cstr-r-

00 00

Tjl t-- tH CO

T* Tt< TH

in so Os

CO m

69

OO CN t— CO CO CN

00 SO 00 Os

«■> T-i t— o

CN lO UO SO

CO T*

CO

-HtJI

O CN *- so

SO CO 69

in Os

SO©

lO TH

CN t^ 00 CO

00 O CO 00 lO SO m Os CO © CN tH

CN 00 CN Os ** ** t^. crj

TH CO CO "*

TH tH tJISO

in

Os

tH O O CN

O co -* co CO CN t~-

SO •>*

TH CN

tH ID "* 00

^f "^ Os Os

TH TH tH SO

00 CN Os IT)

HNCON rfOOrf p. «* CN th CN

69

SO CN CO CN CO 00

so CN r^ ■># co O

TH OS lO

Os 00 69

lO Os HN

00 T* TH

io cn m

CO lO 00 "->

lO T*

t* Os m

th t-» in m

rf so T* co IT) Os 00 TH

t~- CO CO 69

00 tH CN CO CN O th SO

th 00 lO CO

CN CN SO CN th TH

00 00 O th SO lO l/"> CO

TH OS t^

OS TH tH

69

O th r~ os io co co r^ »0 CN CN

00 00

TftMoa

O TH TH CO

00 Os SO

1— tH 69

NOOsO

Os SO CN CO

©-*©

CO

o

Jmh

<

Q

o o

SO

lO

so

o o

I

SO

in

o

o

I

so

Os

CO

so

T*

co

Os CN

©

© 00

a P

UJ 0

.3 u

tt>^

^£

rrt 3

Oh/h

NIOONON-H Os so so so in 00 CN CN CO

© rf so CO 00 00 © CN O0 SO CN CO CN ©

© © CN CO r- CO 00 CN © 00 CN -* © CN CN CN

O sO so tH co so t* t* CN so 10 CO so

O0 00 co CN 00 © 1^ CN th 00 00 CN th th

-h t)i Tf r» 00 00 >fl O "5 tHtHIOOs©sO00tHOs n If) H Csl to f> n n o

CN CO OS SO CN 69

lO Csl fO N H r- O id O NO")OOMtOlOH COcoOscot^sO^COt^

tH CN SO lO H TH so

CN © rfco O CN

CO 00 CN CN CO Os

00 r^ r^

10 10

th CN 69

CO tH

in th

CO CO

TH CN

SO CN

CO lO

©

so

SO 69

•* 00 lO ©

tH SO tH 00

cOiOsOr-

HioroN >or>00 Os th 10 co

co ** th 69

SO tH SO tH

co th © m

Os Os ^

69

OsOstOCNOOco^r— t^

tOsOiOHHNTJOro O 00 th m o r> so r- O

© co 10 O0

00 t^-

sO vo CN th

"* CN

SO -^ CO 00

lO th 00

■<* ■*

tH 00

t^r^

Tt< tH SO tH t^I

CN CN th 10 CO

th lO -* CN

fOlds*

CO 00

m

SO 00

lO CN Os CN Os

CO CN Tf TH Tj<

CN t^ OS CO

SO t^- 00

CN CO

00

t^ TH

Os Os lO CN 00

so co so co co

SO Os ©

© lO

t^

t^

©

© tH CO tH lO

CN 00 tH tH

tH CO »"»

tH tH

CN

CO

CO H

CN

69

69

69

CN CN 00 SO CN

69

hnco'OsOhOOn COCNlOCNCNTHt^cocN

O O M lO CS1 rjl H (S] 00

th so so

ID tH 00

r* th lO

tH CN lO Tf tH

tH00tH00iOt*t*cocO

h fS rf 00 O Tf o SO t)i

COIO©©tHtH^-,tJ<0 tH tH lO lO tH tH m

CO 00 CO th

©t-

t^ CN

CO tH

th CN

69

TfsOsO © ># 00 lO Os tH

CO Os lO 00

TH t^.

10 ©

CO so

© CO CN th

r— co

CN t^

© h

tH tH

69

©

CN

so lO th so CO CO lO

Os cn r^

©

69

Os co 00 OO

tH CO

Tt< SO t~- lO

© t* CO CO TH 00 TH SO

th CN

CN Tfl -HH (^

OS CN SO © sOr«roifl SO t* so SO

CO t- Tj< TH

1^ r^ os Os

■>*■<* 00 ■>*

lO Os so 00 CO 00 CN ■** CO CO t~-

m th co 00 co

10 •* Os t# »* SO CN CN

TH T* T*

00 CN 69

©

CN •>* CN t^-

SO CN SO t* O00©

^^

© 00

tH

t* so

•*O0Tf

Os

tH

69

Os CN tH t*

lO

00

CO ©

CO so 00 Os Os

cn th 10 os in

OMOCM

Os t-^

so co os m th

TH lOTjTfH

SO th 00 "*

Os

© CN th Os t^

Tj< SO CN t~ CN

00© x*

sO

t— th ir> 00 CO

Oi r-H

os t4< m

CN

CN

69

69

T3.S

C-O

2 u <"

tJ s

tC

5

s «

tO 3 3

g^-3

c « a

U5 3 3

o o 2

u u % •3 v «

.2 sj 3 ii 2$ <" o co<coKQC0Ch

CO

H CO

o

Oh -3 <" u ^5 v- C C

QooCQStJ

s ^

C 03

c 1)

a

cn

3

Cu> cd

Cti

u .2 c

3 O

„,T3 be a) ftJ c 1-

s I ^^

U, <U <U 4H (y

.eg aj _u .^-, j-.

-i-> T3 (fl y O y y '

h^l t-i **rf

■-UJ

Hcot

y -

y y

3^ O cd 3 >

O O

<! cn

l-H y

W ^ Ph<*-

y CO > <2

gSKS

^ •- e ° LJ 3.3 o

Ph y 2-S

u bJOr-

> u » cd

J2c3^

O > <U -3

C +j

Ql 3

-3 G

5 s

-13

y

Pi 3 < cd

y y

a a

S_3S

y y

3 3

flt) O O

C O.

■5S EE

cd cd UhCih

Bo

c

3

i— ' o .ti

CO 1- "

< o a

J-; cn cd CJ _y y

5^^

r? 2t2

►-",<? cd

y y

S 2

8 3 -a

3 .> $

"H ^- Iri

tC T3-0

CO y y

cd cn cn

<-> aj cd

- _gj:

cd y y

cn c y 3 cn y

c.t! 3

y .3 a cd

bx

.3 <-> cd o y y

O. cn O cd

)- u cn u

3 3 Oh Oh

cd 3 O

UP- H

3 y cn

3 " «-§

5 S- o. tQ+jT3 n

r- 3 -W C

* > Civ.

CTJ g CTj cd

U«UU.

CJ

cd

u

y

a

cn cn

01 MM be 3 3

.S'S'b

— I- !_

£ cd cd cd <" «

So,u £ +; 3 4-> 3 3 .3 c y y

Else

cd 3 4i cj

y y bO SO

be s <2

>S (Tj c 3

r3 c cd cd

S « 6 6

cd 3 — —

-a*o 3 3 g 3 cd cd

crt Cd . — 1 . — 1 U * S

3 o.-.-

cd cd cd cd

fcJUU

20

1/3

1

o

^o

ur a?

D

OJ

"13

0)01

Pi <

Q

i

■O

J-

On

co

10

00

o

00

U.N

41 t-H

•a c

niOnnh CM1 co O "* no

CM Tj< T-H NN N CM NH o

<o cm n on cm ■■*

or— n on «■> on on n

t-h (NHio •■* n© na

f»»Ort»o 00 ON lO CM co «O^HH 00 -*f lOfO N

fCt~O00NtNf0>O^000000 O^MfNNa'HOOOOM

ONT-HONONNlON©lOTt<

CO

CM ■* CM rtlON

oo\nioo\ ioo -h co

T-H co CM iO lot- CO —H

«*>

N t^ tHh « — On "*•<* co O co 0\»Ht-t-(N 0\ O0 NO 00 00

On 00 co»0 iO N io N co

CO CM NO ION tOH

ooo

!OvONO>'*NO\000'JfOOO OtHiH1O«)iOIO>0t-<00M

^O >H H ff) rjl © N rt tJI 0»

CM HHtOH t-H T* t-H

lOO'J'HtOMvOTfOvOOOfO NtH'OO\*'4,NON'H00

** lO

t-h CM tHh t-i On

NO lO

t-h N T* CM O

On 00 lO

NO lO

co tHh rf t-h t—

CM t-h

•rtfi-H t-H CM

lO-HTf

n <o

00 O CM O0 t-h

cm co

Ov t-H

00 t-h 00

o

T-H T-H

t-h CM 00

NO

«*>

•*

00

ONt5i0 0\O

00 <* 00

CM N

hhnOnOO

co CO

no CM t-h t-h co On

NO On lO

On CO

00 IO "*N Tf

CM CO

CO t-H t-H CM

N T-H tH<

t-H 00

t-OCMNfO

00 CO

CM N

cm co no

CO

T-H

t-h t-h io

o

&9

CO

CM

ON CM CM CM CM NO

CM NO t-H

O co

00 ON IO 00

CM IO ** CM ©

CM 00 On O t-h

io cm co io ©

O NO Ov *-l t-H

IO »o CO «o CO

CM NO O On On

CO IO

CM CO

co o O co

<0 N

On On t-h On t}< ■* CO On

OOO O0N

CO CO

NO'*

On

w*

lO O

t-h-h<vOt*CMnOcoOn00nOnOCM rf T*<3fON -tHHt-hOnnOOOt-h O co N no O »0 io O •"#

sx»

On CO O0 t-h "* «*

00 •*

6^

t-h 00 N On 00 CO no O NO On On t-h t-h r- no

NO t-h

oo n

T-H CO

o"

00

IO CM N© »o ■*

no io co cm cmn

CO t-H T-H CM

00 CM On N NO O

O 00 ON

On CO

CO CM 00

n cm ■**!

0"1N

HIOtJ* N CM "#

O)

O g

of^>

< Q

o o

i

NO IO

I

NO

IO

o o

NO

o

o

I

NO

On CO

NO CM

O 00

4>

-a a P

4> c3

0

s

—

m

HI

Q

ba

s

g

nl

3

(*,£

^■O-^nOOn t-hcm CM00 co cm io n 00 r— t-h oO N

00 CO -* CO CO On N t-h COCM O0 lO On

N- t-h On co 00 O O t|ionwjN 00 NO

On On

LO CO

t-h CM

O On

NO 00

OONiOTjc*

NO CO lO T-H

O "* CM NO NO

CM CO 00 O O

OO lO

"*■*

NO 00 I— CM CM IO I— 00

OnCMIOOnCMCMNNO©N©10 O CM 00 CM O On NO CO NO CM

CM O ■* lO O Oi tO lO N

CM t-h CM CO CM t-h Tt t-h 6<*

NOO'H'HTj'lOlOWNOOOf^

NO tHHmS^jtt-hIOCOCMN-t-H

CO N lO lO >0 O O lO 00 t-h t-h CM t-H t-h rjl

On Tf

**©

On 1— "* NO 00 On 00 O 00 CO t-h N CM

N CO

©N

00 On t-h •* to rti t-h CM

r— On CM OO On CM >* no

00 CO

T-H T-H

69-

CO lO

T-H CO

CO

CM

CM

T-H

•*

CO IO CO '-I 00 CM

CO t-H NO N

■*lO

t— t^

NO CM

lO CO 00 •* t-h O On CO IO t-h NO CM IO t-h

OnO

O co IO "# lO no

** CO

■^^t-H t-H CO

IONNN 00 CM CO NO

O Tt< O t-h tH<

rtrtTftoa

00 On On CM CO t-h O NO On co

t— lO IO NO

NO O f— NO

>0 CM

N-CMOOnt-hoOOOOncoOio 0«hio«)NO*OON O OnOncooOnoOnOnO

CM

CO -^H ^ Tf t-H

to

IO T-H

CO O0 CM

lO>*

On ^

t-h On •* CM O

On CO

IO CO

•,-H NO

N CO

00 t—

00 lO 00 t-h 00

N NO

IO

• t-H CM

On CO

NO 00

CM t-h OO O

On 00

NO t-H

CO Tf CO

On

^H ^H

^H CM CM

00

NO ^H CO 00

CO On O CM

00 NO *— I iO lO

CO ■*

00 On

CM •*

00 NO

t-h IO <^1 CM CM

t-h On n t-h on

IO •<* N CO

MD t-H

O co

IO

N

t-H CM CM CO N-

tHtH^t^O

&9

ONO NO

Tf O

00 00

T-H T-H

<o

nOiOOOOnn nOcoOnOnOiocm

OCMCOOO^CMOOOOCMt-h O NNCMVONQIO

NOO

t-h • NO CM O IO NO "-l IO CO NO CM

t-h -i/JNOIOhNNhh co •tI'OnOOnOOOcon

<*±

ION

CM CM 00 CM O

NO CM

IO ■ • IO -00

CM • ■ ON

CM IO

NO T^

"O CM O

t-h r—

■H< ■ --H -CO

On • • no

N On

On N

IO CO

CM NO

o io

NO NO

On

O

T-H

lO

O

<^

^

ON

CO t-h IO 00 00 NO

NO On O t-h

On n

^H vO

■ O *0

00 no

T-H IO T-H CO NO

t* On t-h On

t-H tHt

HO

• NO NO

O ^*i

IO t-h CM

On CO lot-

00 On

IO IO

• IO O

"* 00

On no

•O CM

CO

00

t-H

N

O

4*9.

«H

a

&

tH

■ Cg

O) IH C

O'S'3

UtflB

a

-a c

>.

u

a>

c

^ o 2,

co

°£

«3 4)

c >- 3.5

•h ofl

cL> ^ C3 ca

kT dl 4-» 4-»

o o

3

o

>-t-t (J

"o-a

^^

c3 O > C

1-1 b

h o)

3 o

S H

be vJ

S -J

2 o

a

a

a3 o

— J3 C3 O.

i-T-a

■^ C"

ai.S

fc-1

e

c

o

c c-2'3

(0

.2 a) .—

O <p

J3 u

.S ai^

rt o 5

Q, O- a!

M Ih

C C 3

ffl«S

<? OJ-JH

o

O

<U <U 0) 3 3 C

ISIS '-5

nl o o

co

.3 u-3

i2^ o o

•a- £^

'3'O'S -e

ana c a.boO PKH§

O) 3 >»•-

£ C V- 10-

i> bo a; oe'j

4> bo a; w

- > 3.3 C

p-S^3-5

*=S W .-H (J — ^

g"S3c3a)-3.'3-5ti Ch <u-3 £*3^ °^ 3

fejOOH >

a

+J 4->

3 3 (LI 0)

3 E

to CO

<U 4) > >

.S.B 3 3

U. L.

nJ c3

OCg Co «4-T ^t-t

c3 C3 [V

o o

Q

_l W

_H

pa <

J 41

i— i bfl

f-H _rt

OS H8

r \ d J3 4j

41

a.

rt

co c3

4) a

O"0

« «j >.

u u aj

41 4) -C

•C > —

3 J2 _ k >n-3

V-HOoK-i.4-'"jr^- 1-HN-lOf^.ra

0hUoi^OQ< UUw^O

4)

-3 to 3

jO

oT

Q

U >

Oh O

n

3 -O <L1 CO I- >>-C *J

21

tO

XI

+■>

3 O CO

3 to

J!

O

t>2 .S

co «

'o co

3 CO

0)

N

CO >»

I-, co

fa

3 O

C

CO O

0)

PQ

u co

6

B

3 CO

c

co

s c

CO c/f

s

u 3 +■>

«

c/i O

o

v

co u

>

VO

co EH

o$Z

£oo

C

O 00 00 to • co t-h

M fO 1^ o >o "* ■* O 00

i1 00 f) O O ■* ") tM N

cn c^ oo no »-h t—

&9

O ON

O oo

00 On l— On co to

-HO

co cn

>—© t-h CN 69

NO I— to -&

a\ co

00 On CN lO

00

00 c—

lO 00 «— 00

0>")00 cn ^t* r— ■**>

t— lO ** 1*5 00

lO T-I T-I

00 On lO lO NO M0 HNNO 00 O NO t— CN

»H VO

tHH t-.

69

lO t— lO t—

t— ** t— t—

*ooo

OvO>*

£"?

c/fH

p* <J

Hco

So

fa_i u~ w

pa

^2

©

ON

CO

co —

I ON O oo

MOoOh • t— oo On On <0 ■ t— O

00 NO CO no • o* no CN CN CO CO • co 00 tH< co th • NO CO

CO -H <-< 00 -Nt~ OM^fOr-l • CO CO CN CN t-i • On no

O t-i 00 ON ■ •* <*5 CN t— cn O • NO NO CN H t*i CN

CNiNO'-i'^r^oOCNr^ro

fOOONOOOOOMOO

t— Tf

00 00

t— to

I— fO (S t^ M rH rt rH r-l 00 CO t-H ,_, Uj< (YJ

69

00CNnOO>On©00CO© OO^nhonoO-^nO -hnOnOnOiocNCN©©

to t—

O 00 CN On

O NO OO

OO co t— On to to

HOrt

-H ^h 69

©too

CN NO O

** 00 NO

69

CNOONO-HNOlONOOOt^ONNO

co t— t— "*1~- NOfO"5 t— CN i-»ioooOnconO©Onno t— co

CN CJ N ^ rH t-I

nt^MOi'O'- it— on>— i

^HLONOOON^ffO-^fCN

NO NO CN 69.

On -h On CN On CM

—I T^t^I

<* t—

On O O <*5

-* to

in

to o

00 00 00 NO

CN -H tJ< ^ti &9-

fO 00 r— On 00 't1

T-l cn &9

O CN CN

ro iO -h

■sf 00 On

CO -h CO

On O O CN

»H 00

o

CO CN

lO

o

1-H NO

CO

ON

CN

00 lO

00 CO

oT

ON

6^

CN NO CO 00 CN «H

6^

00 CN On m

CO <"nJ >0 CO O CN ir> —i

NO NO »-H «*

r— to no oo

CO t-i CN

lO CO

t— 00

CO

*# -H Cn CN

y-l CO

00 CN On -^ lO

— i CN NO NO On

00 ©• On On CN NO On O NO ^ CN lO

CO O ^J< I— t~-

00 -st1 O •* <-l

00 THf»l>N

m •* io

00 ~h &9^

r— i— i to in On

« — » i »■ ^ " 4 ^/\ ^s \^l \^ \_^

■* O O m ro ~

-H rt<

00

On On CO

CO

O CN CN I—

CO -^ -H

On O oi rsi O co O no m cn no oo

moiooo

m -h on CO CN NO NO CO

00

NO

00 ■<* O co O r— On cn oo in co

O oo NO

CN -H

CN

oooo

CN t— On -h

On lOt—

00 On I— O On t— CN lO

00 m On

co co r- no *-<

l-H co

no no r— oo CO CN co o

y-i CN m CO

t--INOlO O O CO CN CNrflO

in O

J J

z

w§

H>o

C0P-H

H H

< U

fa W

w

ON

CO

7co

NO

CN

o

00

u 00

■a

c

a; c3

OO C C C CS 3 C<2

t— no ■* r— r— ^ t— no m

Ot^N>0'-lNa t-i NO t— •>* NN

rjt CO "* NO

-H ON NO CN — I t— O

O O t— co O ^ CO CN t-i NO

CN NO CO CN 00 CN

CN1 Tf H Tf H C<5 lO » H

-H lO 00 00 ■* 0> "5 O t^

O On

CO r* O CN

O0 lO -h

t-i r— cn

On NO 00

l-H 00 ■* CO

H ""*

OOiO'*ON'*'-lCNCN'-i h CN 69.

»-4 CN t— I/O

IONH *-* lO 69-

lO T^l

NO

o

o

t-» On

in no in -H

On Tf NO 00 NO CN On 00 "* NO in "*

t— On tJ< CO CN On t—

CO CO

t— t^<

00 ■*

nOcooOiOt-ioOOniOt-i r— OOnoOOnnOtJ<t4<cn co-^nOnOt-icnionOt-i

iot^OnOcOt-it-it-inO

iOOOiO^OOOOnnOOn

HHrf ONHNONONt* O H t)i f) vf O ON ""I ^

■* CO oo m CN t-i HH

69

VO C N M tH t^ tH it) Tf t— OOONCNt— 001OCNT*

NO t-H

CO On On r—

O On

in co

O CO

CO -H H NO

00 H

CO CO

cn in

CN O

o in

NO CN r— oo

O O -h

NO ON T-I

O nOO 00 CO t-i 69

On O O On On NO 00 no O t— co 00 th t^i cn

00 —I TH

CO 69

CN CO On

cn to m

00 lO NO

to oo m -h no m

m <o t— ^ On On

T-I T-H "0 CN

CXI n) cd

:2cs

c3 Co O "*J C

tC-G

"53 « ^^

<u c S xi o 2

c-c-e

2 M

o o p

CJ u tn

•>. a- a

•3 a> u

<S j) o QPQ"

Ql,

u 3

c 5"

N— ■ -Q

,-a c

— ta *»

Zl be oj

u c c

o s rt -

CN CM NO rf t-i 69

ONNO-rJlt^.t— OcoOniO ■OOOOIOIONMCO"* cot— t— ONCN^fNOt— On

tHtHtJ<C<3 tH ir>

a

0)

a

0)

>/)

3 . O — a; aj

<_>

.2 c

E °

-a oc

On co CN CN

O no

lO T^

00 I—

o >o

CN t-i

cnCQS

H II c

« 2 5 cd

K S 2 to

an «» Z to S

VW >T QJ

►JHc/3

•a

V

T^T3

O <u

(JN~

<U 1)

o cd c >

o 0

lO TH

CN 69

CN 00 NO ■HHtJIM Ti ON ^t<

co CO

T-I

69

£1

|VT3

CU- iu

i-1 l- r. O

M 3.5 O OCj-;

v u hi « ^ o S °

d cS-a b o.> Jj-S

QjfcO

-H CO

■* 00

co 00 o to

On CN

ON

o

-H NO O

NO

to

On

O NO

no m

CN CN

CN CO CN to

O CN

CO 00 69

NO t— ■* rfi

NO T-I CO H

to On CO On O co 00 On NO CO CN rt

no tJ< CN On

O CO to CN

ON tJ< t-I CO "* CN lO 00

T-I T-I NO t—

tOHH

On CO t-i t— t* to NO ON lO lO CN CO

OON00 NO 00 On CO

NOO

O O O to ON CO NO t-i O O On 'tf

On CN

69

lO CO to t—

On 00 ** CO t-i NO NO Tj<

lO lO NO CO ONO'*^ •>* ^f On

O to 00 On NO NO On ■* On 00 t-

00

NO "* t— t— lO CN

o ©

tHH CO

«* to

NO

t—

ON O

th no CO CO On NO to On

»H tHH tH-0

CO

O

"* On On 00 On CN t-h t-h "* t— lO CO

O^nSth NO O to CO

OON-H

t— to

69

1- to

lO t— CN lO

CN T-I

0

t— CN 69

Ti T-i t—

CO CN

co r— to to

00

0

0 -h in t—

t-i 10 On 00 t* 00 CN t—

On -^i 00 CN

t*5

CO

10

CO

$ 6,567

-252

-180

236

t-h On T-H t— t— O t— T-H CO CO NO

NO CN

T3 <u cu

■—

c

O

c

o

©

<*H ™ 'Z\

% b

— c

> to

— cd

cd c

(* c < cd

^E P-S.2

O-cd

u

3

-a o

a. cn a.

S S G Sd^ld fa fa

00 c

o 3 cfl a)

l-O oc

0) c

-a c

a — '

5-; cn cd JZ CJ aj u cn

H cdig 0

.- <u

-o-o oj iu cn cn cd cd

00^-0

U U CO u

S CJ *J >«

cd o

d cu a cn O cd

cu

a

*., 5* So

tuO 3 c

3 s 5

1- cd rt

m Cd « ty

be

3 3

S •= 3 cu cu l^i C n\ 3 r^

3 3

cd 3 O

udh H

cu be

C u co cu^ ^o

lb-Si

•S S-s.G

cd P cd cd U^Ufa

- c » *

E S G 6

rt C « <u cu cu be be . bo cd cd >■ cd 3 c • - c cd cd

G J2 E S ^G-o-o

^•2§c5

u C

" cd

cd — — u cd cd 3 O • - • -

EtQ aa

cd cd cd cd faJUU

22

^5£

-h CO O SO

to ^ to •<*< •* oo cm -^<r)

69

OOlOOOCMOiOOOO'OON so r^oONt^NOOO-*

N N H C M

—I Os O

00

O N

sO -* 00 00

•^ -h so >-< >-i t—

to so oo ■*

O>000 10

si

u

03

+.

z

Pi,-, U o

o2

o

p«

oo

os

Uiz

1 n

o

CO

pie*

^d

o

bjO He/)

to o

00 --< N CN •"#

to co -* N

ON

•* to

to

DC

-H CM *-< SO

"# CN

CN 00

O Os

tH OS

o

lOO^N-N ON '—I

OOhiOhh \0 •**!

■* Os

69

O CM tO 00

-H00 O Os

OCNsOOOsOOtOcooOrooOCN

HO^OsNOflMHOONH in-HTju^N-fiOCS, -*f CN

N -- It- i -^ CO *— ' — - * -^ CO

69

tOtOOstOCNSOtOOOOOsNsO OsOs-*Os-h-*00000«-''-< O OssOOOOtO'OCN'^f

69

h to CN r-iro>H

Os

Os

fONtsHOO*

OS i-H CO

"* o

•* Os Os 00

O so so to to rtTftsnol^ N(sltNOC>

so O

TjH CO

O to

Os so --i ^<I-

n •<* oo

N CN •>*

CN 00 69

N to -h cn

»H rt ro

Os CN

CN

O tO

O H to so Os Os

00 "*N

nn

O cm

O so

SO Os

CN

•*f O Os to o

NOMNOi

(Nf^ CN

Hrt 00

N Os

O to to to

lO

OOMHfCN

>*rtrt CN

lO 00 O 00 CN lO

00 N 00 Os to Os -h *-< so 00 CN to so Os CN so sOsO

O O '-' O CM so Os h -r-i ro t-h Os to 00

OS Os fO tO 00 »-h

so CM so CN Os iO «- 1 ■ttsiOdO no

Os N O ro

(NCM^fOtt)

HtH 00 O

ro 00 h h

I^iO'J'tj'sOiO-KN-HOt^r^

ON^<ro0^s9>ONNH

sO'-it^00sO'*^tl'^,OsOs

CN r-lff)rt >— I CO

N so

to N so *— i to *— i co to *— <Cs^ •- '

MOMlOOvfS'MOI^Hrt O W)(Nt^00lO00SO'*

oo

^f sO to 00 Os

O Os

0\^rfrHf<5N

so SO to

to 00

N (M ■* — 1 SO

-* ■*

TjH^H^H ~H

00 CN ^f

■*f to

OlOtNt^O

sO "#

to -^

CM so CI

v— )

CN i-l

•HrH SO

to

69

to

cs

to to O CM to Os

SO N CN

O 00

N Os so N r^.

-* **

O\t^>-lrtN00

■* vom

O Os

Os to to CN tO

to N

* H CN

1— CN <*

SO 00

•* O •-! Ov N

to to

T-< tO

w

+.

o

8-

^

10

J

J

Os

2

Os

"f SO O^

17

<o

H so

Qi1^

Os

to

7ro

tflh

O^

^^

sO

tti^

Os 10

<>> so

O^ 00

H

<

U

0

b

00

W

1-1

W

u 00

PQ

•0

c

&

2£

V

nJ

N

CO

O

^C

M 0

E

nJ

3

C^Z

00 lO CN to •"*

oohho^O

CM Os

»* O r— 00 to

mo^rsKN

Os tO CN O

00 o to CO

t-h r^. to cn O cn >-h

OS -H SO lO

SO lO SO OS

Os O r^ 1—

** CM Os 00 00 --1 -h CN rt O

to Os Os to CN Os tO to O tO

rHCS CO 00 CM H -# CO

■HH ^f LO

■—1 tO Os t~»

HH^(S|rH

lO O CM 00 CM

Os to sO O -*

•^00 <0 rt

to v-> to »+<

lOCMOOtO'*t^-*OtO'-iOs'# r^toOSTtlOCMtO'OSOOOCM'-l O 00sOCst-~^t,CMsO'-i

00 -I tO lO to y-t CN ^ tO

OsOOs^fOtOtOtoOssO^^sO sO<— ifNt-^CNrfroOs^ftoCN

lO >H ro Tf CM W iH T(< M

6^

OssOtotOOtOOOCvlCMOO-"* lOlOO'-it-~-'-isOOOsOcO'-i Os OOtOCMOOOCM'f-lCN

CM t-~ ON

*t)honO M r- N O "H CN 1-1 -st1 00

lO O

00 00 ■* so

Os O CO sO tj< LO

lO H rH

t* to CO —1

Os CO ■<* t—

N to

sO to &9-

CN -cf 0> CN

O sO

00

to

to so so t— to O

Tf -H tO O

CM 00 00 Os — **

00 so sO t— O CM SO l~- CO N O sO CN Os SO

t^- CN lO CM

CN 00

iHlO SO CO -H t^ «— 1

OS CN lO lO

Os co to N

CM -^f lO CN 6^

t~- so to

H CO O CN

to

CO

0

Os

sO Tt sO ■* tO cv)

Os t~- to 00

CO

NtCjIrtH^H

SO o CN to

*— to 00

00 00 Os

CO <0 CN CO 00

HH(I)(S|H

tNOr.N.00 Os to sO sO 00

Os 00 CN O

Ocon ■^ ^ I

N J-~ so 00 N O co o

Os CN "* 00 to

*-> CO CN -H

CM O CM lO

Pi

w

Oh

(A 0<m

5^

hu

W< Pd

co H

O -8

v

cu

a;

73 5

c rt

« >s

to U

bO OJ

C C

'-5 J3

— u

> S2

0 c

«2

to a) C ^

3.S

aJ 2

•- bO

o 5

^j co

> 0)

c/3

Of— Osr^cNOscor— ^ooiocn Ti<CNOs00toiO00roO00>-i t^ 00r-'t'*sDOOv*

sOtO'-ltOf^CMOs'^Ot^-co Osr^so^tiOsOs'*r— OtO-H CN 10 in ■* >h r- * r- Cs|

00 OS ■>* sO

fO t-~

CO —+ 69-

CN SO

Tf CO

o so

sO t— CN CM

•rt o t-"o"

69

rHlOr-llOC-

CN to CO CM SO

to ■* *-i r^ Os

to so OS

h CN -*

to to *— ' r^« to CN 00 SO 00

Os h CM

CO lO CO CM SO

cm cm -h xr> «-»

rt t^-

lO CO

NO

Os O0

to to to O

CO 00

CM SO

H O

O 00

OS >* »-H r# -^<

CM 00 t"~. ■* CO sO

SO CM SO CN O

lO -H CM

SO CN CN N

SO OS 00 CO

OOHrtO Cs CO CO N

SO rt CN CO

O to 't O OtOMN

a

2"o

S-2

W CtJ «

c a.

i/s co o c ■« S-

0"^ +J

— c s

> C 0/

-3— co

(0 co c

O O JS

u-O

£-0 rt o 5

O, Q. CO

bo bo W

C C C

U aj.^'o'B,^

OJ D QJ

c c c

O O g CO c3 -j

ti rt o o

J*J3 o °

rv 0) ™ c

= •- o o

W

>

CJ >s rt.

o c 1- co:

cu bo «J bo-4j ^ > c c c t-

U C •- •= "- Cui

c c

E E

tfi 10

> >

c c

o--.E (32'" o a c ca co -g ."3 -"

JOP4

£ E S

Q Z

<

pa

<

j _

HH 00

E-(_co OE

h8

"2 CO tao 0) a

— O-o CO rt c

3

cn

Q

W

o 3 3 CO ^<lo o

6-S rt >-

CL,

O

o o

U I* CO

Z -o en

fV c_o S ft.Uw?CQ< UUm

c

r- S «

C .O cu co ' >>J5 ' '

Pi O

>o

co

23

This report results from the cooperation of state and local Farm Bureau Farm Management Asso- ciations and staff members of the Department of Agricultural Economics and the Cooperative Extension Service at the University of Illinois. The information is for farmers and workers in farm management extension, teaching, and research and for others assisting Illinois farmers in business analysis. The re- port supplements work of FBFM fieldmen by providing comparative standards for farmers enrolled in the service.

The cooperative effort of the university staff working with 42 fieldmen who are supported largely by fees paid by farmers makes this educational and service program possible. By participating in this program each farmer-cooperator (6,635 reporting this year) increases his chances for successful farm operation and contributes to the improvement of Illinois agriculture.

Each year more farmers are adopting improved production techniques based on studies of their farm records. Specialized crop and livestock farms are becoming more common. The Illinois Farm Business Record is now being revised to facilitate allocating nonfeed costs to the individual farm enter- prises. This revision is also being adapted to electronic data processing methods as records become more important for the individual farmer in order to evaluate his competitive position in the farming business.

We hope that this 42nd Annual Report will be used to contribute to more profitable farm operation and a more desirable level of family living.

Harold G. Halcrow, Head Department of Agricultural Economics

ASSOCIATIONS, FIELDMEN, AND COOPERATORS ENROLLED

BLACKHAWK —

C. M. Roodhouse "

G. W. Bevington Howard Peverly

WESTERN

T. H. Jennings A. G. Pille Byron Wright R. W. Baalman R. R. Tracy \

SANGAMON VALLEY

C. E. Botterbusch G. W. Shafer

D. B. Brucker C. E. Cagley

LINCOLN-

W. W. Marquart C. B. Roodhouse E. A. Thurn R. E. Rogers W. R. Cole K. D. Brazle H. P. Harrington

• NORTHEASTERN N. C. Specht

D. R. Muehling W. D. McMurtry

• ILLINOIS VALLEY S. R. Kingry

G. E. Hulslander J. C. Burns

D. C. Smith

G. W. McGill, Jr.

E. A. Loving

PIONEER K. W. Amstutz E. A. Schairer T. E. Swigart R. L. Ewalt H. E. Short L. D. Schroll

EASTERN H. E. White B. A. Henry G. E. Perkins

EAST CENTRAL R. D. Gustafson W. E. Berner H. J. Bourn J. H. Conerty

- SHAWNEE F. B. Lemmon

Prepared by A. G. Mueller, D. F. Wilken, and R. P. Kesler of the Department of Agricultural Economics

Urbana, Illinois August, 1967

Cooperative Extension Work, University of Illinois, College of Agriculture, and the U.S. Department of Agriculture cooperating.

JOHN B. CLAAR, Director. Acts approved by Congress May 8 and June 30, 1914.

14M— 8-67— 93885

C005 970 1967

§^112 019542114

I