20 



BULLETIN 411, U. S. DEPAKTMENT OF AGEICULTUEE. 



$0 and $1,000. There were more who made over $1,000 than there 

 were who failed to make any family income. 



The owners of the 246 farms realized on the investment in real 

 estate an average of 6.6 per cent. Sixteen landlords made over 15 per 

 cent on their investment in real estate, and of these 13 were owners 

 of early- truck farms let for haK of the crops, one of a farm let for a half 

 of the crops and of milk receipts, and two of farms let for a share other 

 than a haK. 



In Table XVI is shown the variation in the interest realized on the 

 value of real estate by the owners of 246 New Jersey tenant truck 

 farms. 



Table XVI. — Variation in interest on value of real estate realized by landlords of 246 

 New Jersey tenant truck farms. 





Total 

 number. 



Number in each tenure group. 



Landlord's interest on invest- 

 ment in real estate. 



Half of crops. 



Half of Share 

 crops and other 

 of milk, than haK. 



Cash rent. 





Early 

 truck. 



Late 

 truck. 



Late 

 truck. 



Either 

 early or 



late 

 truck. 



Early 

 truck. 



Late 

 truck. 





16 

 31 

 102 

 76 

 21 



13 

 18 

 21 

 25 

 13 





1 

 1 



8 

 2 



2 

 1 

 6 

 2 

 2 







10 per cent to 15 per cent 



5 per cent to 10 per cent 



11 



£6 

 26 

 3 







6 



14 

 2 



5 



7 



Less than per cent . . 



1 









All farms 



246 



90 



96 



12 



13 



22 



13 







The greatest range of interest realized on investment in real estate 

 is shown in the group of farms growing early truck and let for half 

 of the crops. The great variation in this group is partly explained 

 by the large expense for fertilizer and manure, amounting on the 

 average to $722, which expense is not always compensated by a 

 corresponding income from the crops produced. Comparative 

 stabihty in respect to the interest realized on real estate is shown 

 by the group of 96 farms growing late truck and let for half of the 

 crops, 58 per cent of the landlords in this group receiving between 

 5 and 10 per cent. Sixty per cent of the landlords renting their 

 farms for cash realized an income on their investment in real estate 

 of between and 5 per cent. 



ADDITIONAL COPIES 



OF THIS PUBLICATION MAY BE PROCURED TROM 



THE SUPERINTENDENT OF DOCUMENTS 



GOVERNMENT PRINTING OFFICE 



"WASHINGTON, D. C. 



AT 



5 CENTS PER COPY 



V 



