Cash-based income statement of farm in 1945/1946 – part 4

Daniel Ulvog. Date unknown but prior to June 1945. Photo provided by Sonia Pooch.

Previous post listed the cash transactions in the estate of my paternal grandfather from the day he passed away until a probate filing was prepared for the court.

The probate filing provides a glimpse into farm life in the mid-1940s.

As you read the summarized income statement and cash transactions below, keep in mind this is the cash activity to feed and cloth a family consisting of one mom and four children still living at home. Notice was one purchase of groceries for $9.60 and only two purchases of clothing. There is no indication of any purchases in November or December which could be considered Christmas presents.

To say finances were tight would be an understatement.

The cash transactions can be summarized into a cash-based income statement as follows:

Continue reading “Cash-based income statement of farm in 1945/1946 – part 4”

Cash transactions listed in 1945 probate filing – part 3

Daniel Ulvog. Date unknown, but before June 1945. Photo provided by Sonia Pooch.

The estate of my paternal grandfather went through probate in 1946 after he died in 1945.  The probate filing listed the cash received and paid from the time of his death until the document was filed with the court.

The filing provides a view of farm life in the mid-1940s. This series of posts uses the filing to take a glimpse into life back then.

Here are the cash transactions listed in the court filing:

Continue reading “Cash transactions listed in 1945 probate filing – part 3”

Prices of farm animals in 1945 – part 2

Daniel and Lydia Ulvog with 5 of 8 children (Gilbert, Lloyd, Olaf, James, Clarice) on Ellefson farm, in late ’30s or before 1945. Photo provided by Sonia Pooch.

The probate filing for the estate of my grandfather, Daniel Ulvog, provides a lot of information about the farm. Let’s look at indicators of the price of farm animals. The filling provides a number of data points.

Here is the listed information sorted by animal with a mean (weighted average), mode (price with largest number of animals), and my point estimate of the price of different animals.

 

Cows:

Sales:

  • $132.07 – 19 head

Purchases:

Continue reading “Prices of farm animals in 1945 – part 2”

Glimpse into economic life on a farm in 1945, provided by probate documents – part 1

Daniel Ulvog on tractor, with sons Olaf (l) and James (r), taken on the rented Ellefson farm in early 1940s. Photo provided by Sonia Pooch.

My paternal grandfather passed away on June 1, 1945, near the end of World War 2.

Disposition of his estate was officially approved by a court, which provides us a glimpse into the economics of farm life in the 1940s.

He died intestate, meaning he did not have a will, so the estate was distributed in accordance with South Dakota state law. His estate went through probate, which means a court had to approve the distribution.

The filing with the court contains a list of:

Continue reading “Glimpse into economic life on a farm in 1945, provided by probate documents – part 1”