RENTING TRUCK FARMS IN NEW JERSEY. 
13 
Table IX. — Summary of a year's business on a successful late-truck farm let for half of 
the crops — Continued. 
Landlord. 
Tenant. 
Items of expense— Continued. 
Tool maintenance, estimated at 18 per cent on value 
Shoeing and veterinary 
Taxes and insurance on working capital 
Regular labor, board included 
Family labor 
Real-estate tax 
Maintenance of buildings, estimated at 4 per cent on value . 
62 
100 
Total expense. 
935 
Interest on landlord's capital 
Labor income of tenant and interest on his capital. 
Six per cent interest on working capital 
Interest on real estate, 10.6 per cent 
Labor income of tenant 
1,605 
21 
1,584 
117 
25 
24 
700 
200 
62 
2,286 
1,704 
222 
1,482 
This farm had .43 acres in truck crops as compared with 22 on the 
average of 96 late-truck farms let for half of the crops; the acreage 
of nontruck crops was practically the same as the average, but the 
value of nontruck crops per acre was greater; the value of truck 
crops per acre was $90 as compared with $73 on the average farm. 
The income from stock was $2,000, as compared with $1,262 on the 
average farm, although the number of cows kept was the same. This 
farm was more successful than the average, largely because of the 
greater acreage in truck crops, the greater sales of truck crops per 
acre in truck, and the greater income from stock. 
The cost of feed on this farm was about the same as on the average 
farm, but the cost of fertilizer was more than twice as much, and 
because of the larger acreage of white potatoes the cost of seed was 
greater than on the average farm by $204. Labor other than the 
tenant's exceeded by $304 that used on the average of these 96 
farms. On the value of the real estate, 10.6 per cent was realized. 
The labor income of the tenant was $1,482, which was exceeded by 
that of only two other tenants in the group of 96 farms. 
FARMS LET FOR HALF OF THE CROPS AND HALF OF THE MILK. 
The 12 farms from which the landlord received as rent half of the 
sales of all crops and half of the income from the dairy are located, 
in the main, on the heavier soil type, and dairying is an important 
enterprise. These farms are, on the average, larger and more desir- 
able than the farms growing late truck, which give only half of the 
crops as rent. The average sales of dairy products on these 12 farms 
amounted to $2,700, in comparison with $925 from the 96 late-truck 
farms let for half of the crops. 
On the farms of this group the tenant furnished the work stock, 
tools, machinery, labor, and all the productive stock except the 
dairy herd, in which he had a half interest. In a few instances the 
