FARM ORGANIZATION IN SOUTHERN ARIZONA. 



57 



completeness of the data herein presented to make two groups of 

 farms, one consisting of all those farmers who made over 8 per cent 

 interest on their investment, and the other consisting of all farmers 

 failing to make 8 per cent on investment, and present comparative 

 data in the two groups. Such data arc presented in Table XXX. 

 In this table the contribution of the farm to the family living was 

 omitted, and the value of the farmer's labor was not deducted in cal- 

 culating rate of interest. 



The table shows that there are 161 farmers out of 627 who with an 

 average of 98 acres each can make only 5.9 per cent on their invest- 

 ment by devoting their whole time to the work, while there are 466 

 farmers with only 8 acres more land that can make 13 per cent on 

 their investment in the same manner. The average investment in 

 the two groups of farms is almost the same, though the price of the 

 land in the group making the lower profit is $30 per acre greater than 

 in the other group. The more successful farmers make an average 

 of $1,705 more per year than those who are less successful. The aver- 

 age expenses are almost the same, so the difference in farm income in 

 the two groups is due almost entirely to differences in total receipts. 

 The factors affecting total receipts have been discussed quite fully 

 under the various farm enterprises, and need no further discussion 

 here. 



Table XXX. — Comparison of farms making a relatively high interest rate on investment 

 with farms making a relatively low interest rate. 



FARMS PAYING MORE THAN 8 PER CENT ON INVESTMENT. 



Size group. 



Aver- 

 age 

 area. 



Num- 

 ber of 

 farms. 



Aver- 

 age re- 

 ceipts. 



Aver- 

 age 

 farm 

 in- 

 come. 



Aver- 

 age 

 labor 



in- 

 come. 



Aver- 

 age ex- 

 pense. 



Value 



of land 



per 



acre. 



Invest- 

 ment 

 per 

 acre. 



Work- 

 ing 

 capital 

 per 

 acre. 



Invest- 

 ment Interest 

 per 1 rate, 

 farm. 



Acres. 



0tol9 



20 



Acres. 



11 



20 



30 



40 



61 



80 



117 



138 



160 



249 



525 



106 



42 

 26 

 40 

 62 

 76 

 62 

 32 

 32 

 32 

 37 

 25 

 466 



$1, 152 

 1,821 

 1,968 

 2,324 

 3,127 

 3,658 

 4,066 

 5,838 

 6,656 

 9,365 



17,131 

 4,480 



$794 

 1,341 

 1,415 

 1, 677 

 2,132 

 2,393 

 2,512 

 3,487 

 4,294 

 5,624 

 10, 359 

 2,995 



$376 



436 



705 



828 



973 



1,050 



897 



1,375 



1,662 



1,919 



3,069 



1,132 



$358 



480 



553 



647 



995 



1,265 



1,554 



2,351 



2,362 



3,741 



6,772 



1,485 



$376 

 267 

 228 

 199 



. 190 

 160 

 152 

 145 

 155 

 141 

 135 

 157 



$475 

 361 

 296 

 265 

 237 

 210 

 188 

 192 

 206 

 186 

 173 

 204 



$99 

 94 



67 

 66 

 47 

 50 

 36 

 47 

 51 

 45 

 38 

 47 



Per ct. 



$5,225 ' 15.2 



7, 232 18. 5 



21 to 39 



40 



8,871 

 10, 587 

 14, 487 

 16, 796 

 20, 181 

 26, 39S 

 32,902 

 46,314 

 91, 160 

 21,668 



15.9 

 15.8 



41 to 79. . . 

 80 



14.7 

 14.3 



81 to 119.... 

 120 to 159... 

 160 



12.4 

 13.3 

 13.1 



161 to 320... 

 Above 320.. 

 All farms . . . 



12.1 

 11.4 



13.0 



FARMS FAILING TO PAY 8 PER CENT ON INVESTMENT. 



Oto 19 



20 



21 to 39.... 



40 



41 to 79.... 

 80 



81 to 119... 

 120 to 159.. 

 160 



161 to 320 . . 

 Over 320... 

 All farms . . 



11 



12 



$823 



$361 



- $126 



$462 



$427 



$526 



$99 



$6, 090 



20 



19 



862 



379 



- 195 



483 



307 



358 



51 



7,168 



30 



14 



1,608 



1,037 



- 282 



571 



480 



543 



63 



16, 484 



40 



22 



1,256 



571 



- 445 



685 



264 



315 



51 



12,618 



63 



27 



2,287 



1,102 



- 336 



1,185 



236 



287 



49 



17,977 



80 



13 



1,924 



1,022 



- 224 



902 



167 



195 



28 



15, 577 



100 



15 



2,641 



1,393 



- 409 



1,248 



194 



225 



2S 



22, 523 



135 



7 



4,100 



1,562 



- 840 



2, 538 



180 



222 



42 



30, 025 



160 



12 



4,072 



1,712 



- 677 



2,360 



156 



189 



33 



30, 172 



232 



13 



5,904 



2,912 



-1,000 



2,992 



175 



211 



36 



48, 808 



547 



7 



13, 581 



5,121 



-1,539 



8,460 



124 



153 



29 



S3, 436 



98 



161 



2,796 



1,290 



- 466 



1,506 



187 



224 



37 



21,951 



5.9 

 5.3 

 6.3 

 4.5 

 6.1 

 6.6 

 6.2 

 5.2 

 5.7 

 6.0 

 6.1 

 5.9 



