28l 



ESTIMATED COST OF PRODUCTION OF COTTON IN TEXAS IN 1913. 



Farm of 100 acres, held under crop-sharing lease, landlord 

 taking one-fourth of cotton lint and seed. Yield taken as 

 200 Ib. lint and 400 Ib. seed per acre. 



Tenant's Capital: 



Horses, mules, harness, implements, waggons, and 

 miscellaneous plant, $1,478.55. Interest thereon 

 at 10 per cent, and depreciation at \2.\ per cent. $332.67 



Seed : 

 75 bushels at $2.00 /yr :'. ' ... V... 150.00 



Labour: 



2 hands for 6 months at $20 each ... $240.00 



Chopping cotton twice ... ... ... 150.00 



Picking 40 bales at average 85 cents per 



100 Ib. of se-ed-cotton ... 510.00 



Weighing cotton at 75 cents per bale ... 30.00 



Hauling cotton to ginnery 24 days at $2 48.00 



978.00 

 Ginning and Baling: 



Weighing at ginnery 10 cents per bale ... 4.00 



Ginning, baling, and wrapping at $3 



per bale 120.00 



124.00 

 Stock Feed: 



450 bushels corn at 50 cents 225.00 



365 bales hay at 50 cents 182.50 



407-50 

 Supervision, estimating the wages of a manager for 



1,000 acres at $100 per month ... ... ... 120.00 



$2,112.17 



Value of Crop : 



40 bales cotton at, say, 12 cents per Ib. ... $2,400 

 40,000 Ib. seed at $20 per ton 400 



2,800 

 Less one-fourth share to landlord ... 700 



$2,100.00 



