72 BULLETIISr 1034, U. S. DEPARTMENT OF AGRICULTURE. 



The total cost of cotton production on the farms operated by white 

 owners in 1913 averaged 12.2 cents per pound, of which cash costs 

 constituted 8.3 cents, the labor of the farmer and his family 1.2 cents, 

 and interest on capital 2.7 cents. Of the total average cost of 24.6 

 cents per pound in 1918, the cash cost was 16.2 cents; labor, 2.3 cents; 

 and interest, 6.1 cents. 



Of the total average cost of 10.5 cents per pound for farms op- 

 erated by colored tenants in 1913, the cash cost was 4.5 cents ; labor, 

 3.8 cents; and interest on tenant's and landlord's capital, 2.2 cents. 

 Of the total average cost of 19.2 cents per pound in 1918, the cash 

 cost was 7.8 cents ; labor, 7.0 cents ; and interest on tenant's and land- 

 lord's capital, 4.4 cents. 



From the standpoint of the colored tenant operator alone, out of 

 the total cost of 10.6 cents per pound in 1913, the cash cost was 5.4 

 cents; labor 4.8 cents; and interest 0.4 cents. In 1918, out of the 

 total cost of 20.9 cents per pound, the cash cost was 9.9 cents ; labor, 

 9.8 cents ; and interest, 1.2 cents. 



APPENDIX. 



In the following tables is presented a summary of the farm business 

 of each of the farms covered in this study, both for the 1913 survey 

 and for that of 1918. The farms are arranged according to the num- 

 ber of crop acres, farm Xo. 1, in each case being the farm with the 

 smallest crop acreage in its group. 



