14 



BULLETIN 411, U. S. DEPAETMENT OF .AGKICULTUEE. 



landlord owned a part of the work stock a,nd mackinery in addition 

 to haK of the dairy herd. 



Sales of truck crops v/ere divided equally on all farms growing 

 truck in 1913. The landlord's income from nontruck crops sold was 

 larger than that of the tenant, because the tenant did not in all cases 

 feed the work stock or the hogs and poultry from the undivided crops. 

 The tenant had, however, a larger income from stock and stock 

 products than the landlord, because the receipts from hogs and poul- 

 try were not divided. The receipts from milk sold and the increase 

 in the value of the dairy herd were divided equally. 



Such httle stable manure as was purchased on these farms was paid 

 for by the landlord. The tenant usually paid haK of the cost of 

 commercial fertihzer; but the fertihzer used on truck crops other 

 than white potatoes was usually furnished by the landlord. 



Half the cost of feed and seed purchased on these farms was paid 

 by the landlord, and on several farms the landlord paid all the cost 

 of grass and alfalfa seed. Early white potatoes are an important 

 truck crop on these farms, so that the cost of seed is considerable. 



The tenant as a rule furnished all labor, including that for the 

 picking of tomatoes. One landlord furnished a man to work in the 

 dairy and also a part of the dairy equipment. 



In Table X are given the averages of the different items of receipts 

 and expenses on these 12 farms. 



Table X. — Landlord's and tenant's average receipts and expenses on 12 New Jersey farms 

 rented for half the sales of crops and half the dofiry receipts. 



Landlord. Tenant 



Sources of receipts: 



Nontruck crops sold 



Tomatoes 



■White potatoes 



Sales of other truck crops... 



Poultry and eggs 



. Dairy products (2o.8 cows) . 

 other income from stock . . . 

 All other receipts 



135 

 715 

 15 



1,350 

 67 



135 

 715 



15 



246 



1, 350 



169 



18 



Total. 



2,643 



2,907 



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 expense 



189 



361 



29 



5 



10 

 18 

 21 

 2 

 123 

 168 

 53 



460 



122 



255 



6 



11 



7 



142 



736 



82 



22 



109 



Total. 



1,445 



Interest on landlord's capital 



Labor income of tenant and interest on his capital , 



Interest on working capital at 6 per cent (landlord, Sl,924; tenant, S4,008) . 



Labor income of tenant 



Interest on real estate (7.7 per cent on S14,125) 



Equivalent cash rent per acre, S8.95. 



1,198 



115 

 'i,"683' 



955 

 240 

 715 



