30 



BULLETIN 1034, V. S. DEPAETMENT OF AGEICULTUKE. 



Differences in size of business make wide differences in the amount of 

 capital involved in the operation of these farms. The capital of 

 farms of similar size showed a marked increase from 1913 to 1918. 



Table 10. — Distriiufion of capital, Sumter County, Ga., 534 farms in 1913 and 



550 in 1918. 





Owners. 



Tenants. 





Fann.i 



Tenants. 



Landlords. 





1913 



1918 



1913 



1918 



1913 



1918 



1913 



1918 



■U-HITE FAKSIEES. 



Number of farms 



268 

 S17, 020 



280 

 827,118 



49 

 So, 642 



56 

 S9,775 













S847 



•SI, 738 



84,795 



$8, 037 





Per cent of capital in— 



67.9 

 5.8 

 5.4 

 4.1 



69.4 

 5.8 

 5.4 

 3.6 



69.4 

 8.0 

 3.9 

 3.3 



67.8 

 7.5 

 3.8 

 3.1 







81.7 

 9.4 

 4.6 



3.8 



82.4 









9.2 



Tenant houses 







4.6 



Other buildings 



I 



3.8 









Total real estate 



83.2 



84.2 



84.6 



82.2 



[ 



99.5 



100.0 









Workstock 



6.6 

 1.0 

 2.3 

 4.3 

 2.6 



4.7 

 2.0 

 1.8 

 4.4 

 2.9 



7.6 

 1.3 

 2.3 

 3.6 

 .6 



5.9 

 1.9 

 1.7 

 5.4 

 2.9 



49.1 



8.9 



15.2 



22.8 



4.0 



33.0 

 10.6 

 9.7 

 30.2 

 16.5 



.3 





Other live stock 







.1 

 .1 





Feed and suppUes 





Cash 











Total working capital 



16.8 

 S34 



15.8 

 S53 



15.4 

 S34 



17.8 

 §50 



100.0 



100.0 



.5 





Value of real estate per acre 











COLORED FAEMEES. 



31 

 S7,749 



48 

 S10,283 



186 

 83,194 



166 

 86,0.56 











Capital per farm 



S475 



SI, 065 



$2, 719 



84,991 



Per cent of capital in — 



Land 



73.6 

 5.4 

 3.4 

 4.2 



69.8 

 6.4 

 4.2 

 2.6 



77.4 



5.2 



. 5 



2.0 



73.0 

 5.3 

 1.9 

 2.1 





91.0 



6.1 



.5 



2.4 



88.6 



D weUing 



6.4 









2.3 



Other bnildings . . 



2.6 







Total real estate 



86.6 



83.0 



85.1 



82.3 







100.0 



99.9 











Workstock 



6.8 

 1.1 



1.8 

 3.0 



.7 



6.1 

 1.9 

 1.7 

 5.1 

 2.2 



7. 7 

 1.4 

 1.9 

 3.5 

 .4 



6.3 

 2.2 

 1.8 

 5.9 

 1.5 



51.6 



9.0 



13.2 



23.3 



2.9 



35.9 

 11.9 

 10.2 

 33.3 



8.7 







Other live stock 



Machinery 



Feed and supplies 



Cash 





.1 















Total working capital 



13.4 

 S30 



17.0 



S-11 



14.9 

 S30 



17.7 

 S50 



100.0 



100.0 





.1 









j 1 



1 Tenant's and landlord's capital combined. 



RELATION OF SIZE OF FARM TO CAPITAL. 



The increase in the value of these farms and equipment had an 

 appreciable effect upon the size of business one could undertake with 

 a given amount of capital in 1918 as compared with 1913. (See Table 

 11.) In 1913, there were 30 owners with less than $3,000, and they 

 worked an average of 38 tilled acres per farm, but in 1918 the 17 own- 

 ers in this same capital class had an average of only 31 tilled acres. The 

 owners with $50,000 to $100,000 in 1913 operated on the average 837 

 acres of tilled land, but the men in this same capital class in 1918 

 operated only 535 acres. Thus it was necessarj^ for those beginning 



