30 BULLETIN 1034, U. S. DEPARTMENT OF AGRICULTURE. 
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.—Distribution of capital, Sumter County, Ga., 534 farms in 1913 and 
390 in 1918. 
Tenants. 
Owners. 
Farm.1l Tenants. Landlords. 
1913 1918 1913 1918 1913 1918 1913 1918 
WHITE FARMERS. 
Number/offarmss::.52s2sts25-00 250s 268 280 49 | 56: [2-2 ac SiN an Sas ene ees eee ee 
Capital portant scoot} 5.32.5. So: $17,020 $27,118 | $5,642 | $9,775 | $847 | $1,738 | $4,795 | $8,037 
Per cent of capital in— | | | 
ari aoa ees FRETS OAR 67.9} 69.4 69.4 GH Sr lbw ocecc ase eee 81.7 | 82.4 
Diwelline sey sa ere ee 5.8 Bets 8.0 | SOW Ree ote 2, ee nee 9. 4 | 9.2 
TRenanETHowsesees sot see 5.4 | 5.4 3.9 | = fein |e JOUER | MAE Sete 4.6 4.6 
Other buildings) —----- 5. 4.1 | 3.6 323 a5 be See 2 aes 3.8 3.8 
‘Totalresillestate=--sse-e eee oe 83. 2 84. 2 84.6 825 2ieaeeese Seekse ote 99.5 100.0 
Workstock. ce: izosesscs he 661) 2 yell) w5.0Fl) pomp eaaeG a te ¥ 
Othenlive stocks =c-- eee eee 1.0 2.0 1.3 1.9 8.9 10: GE. 3 se 8 |e oon 
IMAcChinery:nc sacniee - Seceee eee es 2.3 | 1.8 2.3 ead, 15. 2 | GET 1 es 
ge an supplies:cs. se nes eae see {Se hee 3.6 5l4 | 122. 85), 3012 a See a 
56 Se ee ee Bees 2.6 2.9 .6 2.9 4.0 16.52 ee eee 
Total working capital......._.. 16.8 15.8 15. 4 17.8 | 100.0} 100.0 5-[sSoreebs 
Value ofreal estate per acre......-..- $34 $53 $34 S50! 2: 2 ke 351/25 5 PAL ee 
COLORED FARMERS. 
INumberolfiarmsh cas. ceesceeeeoe ee | 31 48 | 186 166)3\'5. 32 eee oo acne |e eeleeeeee 
Capital per farm....-........-.------| $7,749 |$10, 283 | 33,194 | $6,056 $475 | $1,065 | $2,719 | $4,991 
Per cent of capital in— 1 ne 
AIO ne ORs dc bet. sate ts al 73.6.|% 60:8)|| , 724 |b 73011. 4 neal es ae | oro] 88.6 
Dwellingess seen su 8 Se ccc eee 5. 4 6.4 Rad TRS el arenane | SSBSEene| 6.1 6.4 
Tenant HOUSES. 5 -5.ce5-65-3-- 25 3.4 4,2 5 1 ee 4h} 2.3 
Other buildingss: tse ase 4.2 2.6 2.0 71 A NER lst sate Po 2.4 2.8 
Total real estate........-...-..-- 86. 6 83. 0 85.1 S255 8 [te eee eran 3 ee. 100.0 99.9 
Wiorkstocken. 2s. See ee ee 6.8 6.1 Wet 6.3 51.6 B17 a! Dal eas a DS 
Other live Stocks ee ee rep 1.9 1.4 Dae 9: Oui eS tare: 1 
Machinery... 28 22e SS 1.8 7 1.9 1.8) f3.20 103: S oe 
Heed and supplies. =....<s--5--=e- 3.0 Oeek 3.5 5.9 2350 | HodcO lbs. cele ee 
a ree ee coe: Aden Mase? aire iplic 4.2 Ae | (ae ee ee ee SS 
Total working capital.......... egea' | Anzio'|. avo iz y | t00.0m Odeon eee | 1 
Value of real estate per acre.......... $30 $41 $30 $50 
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 necessary for those beginning 
