New Jersey Produced in 1919 



$25,000,000 worth of Dairy Products 



20,000,000 " " Poultry Products 



19,720,000 " " White Potatoes 



17,018,000 " " Corn 



14,326,000 " " Hay 



12,500,000 " " Vegetables 



10,000,000 " " Fruits 



30,000,000 " " Other Farm Crops 



It has the land to double this 

 production 



AVERAGE FARM VALUES 



Surveys of farming sections, made before the war by experts from the 

 State Agricultural Experiment Station, covering several hundred farms 

 give the following average sizes and values: 



Type of Average Size Average Average Value 



Farm in Acres Value Per Acre 



Dairy 153.9 $ 7,765 $ 50.45 



White Potato 98. 14,145 144.34 



Truck 55. 9,845 179.00 



Poultry 13. 5,572 428.61 



General 110.4 10,680 96.70 



These values, being averages, and even the higher present average values, 

 do not, of course, represent the sale price or earning power of the best 

 lands in the State. Some farms are properly valued at upwards of $500 

 an acre, exclusive of movables, because they yield a profit on that much in- 

 vestment. Yet the fact remains that a large part of our farm land is under- 

 valued, and on that account should be attractive to purchasers. This view 

 supports no attempt to increase farm prices beyond the point determined by 

 the earning power of land. Anything like a boom in farm values would 

 be a positive misfortune. 



Sixty-three 



