12 



BULLETIN 411, U. S. DEPARTMENT OF AGRICULTUEE. 



Table VIII. — Landlord's and tenant's average receipts and expenses on 96 late-truck 

 farms leased for half of the crops. 



Landlord. 



Tenant. 



Sources of receipts: 



Nontruck crops sold 



Tomatoes 



White potatoes 



Other truck crops 



Poultry and eggs 



Dairy products (10.9 cows) . 

 Other income from stock. . . 

 All other receipts 



Total. 



Items of expense: 



Feed 



Seed 



Commercial fertilizer 



Stable manure 



Packages 



Spray material 



Tool maintenance (estimated at 18 per cent on value) 



Hired labor, board included 



Value of family labor 



Real-estate tax 



Maintenance of buildings (estimated at 4 per cent on value). 

 Other expenses 



Total. 



Interest on landlord's capital 



Labor income of tenant and interest on his capital 



Interest on working capital 6 per cent (landlord $216, tenant S3,256) . 



Labor income of tenant 



Interest on real estate, 6.5 per cent on $9,568 



Equivalent cash rent per acre, $7.29. 



$417 



199 



575 



11 



1,204 



1 



113 



247 



30 



4 



7 



570 



634 



13 

 "62i' 



199 

 575 



11 

 260 

 925 



77 

 6 



2,149 



393 

 115 

 200 



11 

 10 

 130 

 473 

 122 

 40 



79 



1,573 



576 

 195 

 381 



In Table IX is summarized tlie year's business on a late-truck 

 farm let for half of the crops. This farm, by comparison with, the 

 average of the 96 farms with which it is included in Table VIII, is 

 much more profitable to both landlord and tenant. 



Table IX. — Summary of a year's business on a successful late-truck farm let for half of 



the crops. 



Acres in farm, 115; value of farm, S15>000; buUdings alone, $2,500. 



Working capital furnished by tenant, $3,700, consisting of stock (6 work horses, 11 cows, 1 bull, hogs, and 



poultry) $2,300, machinery and tools $650, feed and supplies $700, cash $50. 

 Working capital furnished by landloard (feed and supplies), $350. 

 Acres in pasture, 12. 



Acres in nontruck crops, 56 (corn 24, tame hay 12, meadow hay 20). 

 Value of nontruck crops produced, $1,940; value of nontruck crops per acre, $35. 

 Acres in truck crops, 43; sales, 83,850; sales per acre in truck, $90. 





Landlord. 



Tenant. 



Sources of receipts: 



$550 



15 



50 



375 



1,550 





Cornstalks 



$15 



Hav 



50 





375 



WTiite potatoes (34 acres) . 



1,550 





2,000 









Income from crops and stock 



2,540 



3,990 







Items of expense: 



Feed 





400 





200 

 16 



500 

 20 



200 



Other seed . . . 



16 





500 



Stable manure 





Baskets 



5 



Spray material 



37 



37 



