56 BULLETIN 1034, U. S. DEPARTMENT OF AGRICULTURE. 
group, while 18 per cent were in the highest-yield group; and 37 per 
cent of the large-sized farms were in the low-yield group and 22 per 
cent were in the highest-yield group. 
The yield of corn, the crop next to cotton in importance, follows 
the same general trend as cotton in these respects, the farms with the 
low yields of cotton also having the low yields of corn. The yields of 
corn for both years were about 2 bushels per acre in favor of the 
large-sized farms. 
Did the farmers with high yields apply more labor than those with 
low yields? 
In both 1913 and 1918 the farms producing the high yields per acre 
applied more months of labor per farm than those getting the low 
yields. Crop acres per man and per mule were higher on the large- 
sized farms than on the small-sized farms, but a comparison of the 
man and mule labor on the low as against the high-yielding group of 
farms of either size shows that the farm getting the high yields per 
acre applied more man labor and mule labor per crop acre than those 
getting the low yields. In other words, the farms getting the good 
yields—and these are the better-organized farms—were conducting 
a more intensive business than those showing poor yields. Another 
interesting finding in this connection is that the value of labor per 
month and the value of mules per head were higher on the high- 
yielding group of farms, indicating that man labor and horse labor 
used on these farms is of better quality or better utilized than the 
labor used on the low-yielding farms. 
Were the farms with good yields making heavier applications of 
fertilizer than those with poor yields? 
Yes. In 1913 they applied over 100 pounds more per crop acre 
and in 1918 slightly under 100 pounds more per crop acre than the 
low-yield farms. Profits increase as yields are increased until the 
yields are considerably above the average for the region, but beyond 
this point increased yields are obtained at the expense of profits. 
How much capital was employed per farm on the high-yielding 
groups of farms as compared with those groups producing the low 
yields? 
The amount of capital per farm was uniformly higher for the 
high-yielding groups, and the value of real estate per acre was 
higher. This was mainly due to the higher percentage of the farm 
area under cultivation, higher yielding capacity of the land, and 
more and better improvements. | 
Did the farms with the high yields use more working capital than 
those with the low yields? 
The farms with the good yields had much more working capital 
per farm, and thus were better equipped for effective operation than 
were the farms with the low yields. 
