16 



BULLETIN 337, U. S. DEPARTMENT OF AGRICULTURE. 



The rate of interest on the landlord's investment varies but little 

 with the acreage in cotton, but there seems to be a tendency for the 

 rate to be slightly higher on the larger holdings of share croppers and 

 share renters and on the smaller holdings of cash renters. 



A study of the relationship between size of holdings and yield of 

 cotton per acre seems to indicate, as is shown in Table XIII, that the 

 yields vary but little and rather irregularly in holdings of different 

 sizes, with a tendency for somewhat larger yields on smaller holdings. 



Table 



XIII. 











Class of tenants. 



Average yield of cotton per acre for tenants whose 

 cotton acreage falls within each size group. 



All 

 classes. 



Under 15 

 acres. 



15 to 19 



acres. 



. 20 to 24 

 acres. 



25 acres 

 and over. 





0.66 

 .69 



.69 

 .61 



0.73 



.75 

 .75 

 .64 



0.64 

 .65 

 .63 

 .61 



0.65 

 .69 

 .70 



.57 



0.65 





.65 





.69 





.63 







Table XIV shows the relation between yield of cotton per acre, 

 tenant's labor income, and landlord's profits. 



The two accompanying charts (figs. 4 and 5) show this relationship 

 graphically. 



Table XIV. 



Class of tenants. 



All tenants: 



Number having each yield 



Per cent having each yield 



Average labor income 



Average rate of interest on landlord's investment (per cent) 



Share croppers: 



Number having each yield 



Per cent having each yield 



Average labor income 



Average rate of interest on landlord's investment (per cent) 



Share renters: 



Number having each yield 



Per cent having each yield 



Average labor income 



Average rate of interest on landlord's investment (per cent) 



Cash renters: 



Number having each yield 



Per cent having each yield 



Average labor income. 



Average rate of interest on landlord's investment (per cent) 



Tenants having each specified yield of 

 cotton per acre (in bales). 



Total. 



878 



100.0 



$392 



10.6 



445 

 100.0 



136 

 100.0 

 $398 

 11.8 



297 

 100.0 



Under 

 0.6. 



235 



26.8 



161 

 36.2 



$235 

 7.1 



26 

 19.1 



8.3 



16.2 



$272 



6.7 



0.6 to 

 0.8. 



291 

 33.1 



$435 

 10.3 



167 

 37.5 



$321 

 13.4 



39 



28.7 

 $437 

 12.6 



85 



28.6 



$577 



6.4 



0.8 to 

 1. 



173 

 19.7 



15.8 



79 



17.8 

 $426 

 19.6 



28 

 20.6 

 $526 

 13.4 



66 



22.2 



$791 



6.0 



1 and 

 over. 



179 

 20.4 



38 

 8.5 



43 

 31.6 



14.5 



33.0 



$1, 256 



8.1 



The yield of cotton per acre is the determining factor in the profits 

 of farming in the Yazoo-Mississippi Delta. Where the yield was as 

 much as a bale of cotton per acre the tenant made $624 for his labor 



