8 
BULLETIN" 117, U. S. DEPARTMENT OE AGRICULTURE. 
leased on a straight half-share system, the landlord furnishing the 
land, one-half the working capital, paying one-half of all the expenses, 
and receiving a half share of all the farm sales. In this case the 
operator had a labor income of $1,528 and the landlord had a return 
of 7.4 per cent for his capital invested. 
Table III shows the average size, crop area, capital, receipts, 
expenses, farm income, tenant's labor income, and landlord's per- 
centage on investment on the three rented farms. 
Table III. — Average capital, receipts, expenses, farm income, tenant's labor income, and 
landlord's percentage on investment on three rented farms in Utah. 
[Average area of farms, 54.3 acres; average crop area, 38.7 acres.] 
Items of inquiry for three rented farms 
averages 
Landlord . 
Capital 
Receipts 
Expenses . - - 
Farm income 
Labor income 
Percentage on investment. 
SI, 271 
1,430 
574 
916 
852 
813,145 
1,226 
323 
903 
6.9 
The average labor income received by these tenants was $852, 
while the landlords received 6.9 per cent on an investment of $13,145. 
DISTRIBUTION OF FARM RECEIPTS. 
In Table IV is given the distribution of receipts on 69 farms man- 
aged by their owners. 
Table IV. — Distribution of farm receipts on 69 farms operated by their owners. 
Source of receipts (averages). 
First 
group, 35 
small 
farms. 
Second 
group, 30 
fruit and 
beet farms. 
Third 
group, 4 
grain and 
live-stock 
farms. 
Average 
for all 
69 farms. 
Crops 
S617 
89 
95 
44 
109 
SI, 325 
126 
150 
126 
242 
S741 
1,094 
138 

447 
S932 
Stock 
163 
122 
Increase of inventory (less decrease) 
186 
Total 
954 
1,969 
2,420 
1.480 
Table TV shows that two-thirds of the total receipts come from the 
sale of crops, about one-fifth from stock and stock products, and the 
remainder from miscellaneous sources. This proportion is very nearly 
the same on both classes of farms other than the grain and live-stock 
farms, where the proportion of receipts from crops is only about 
one-third of the total. That the receipts from the farms whose 
owners rent additional crop areas are distributed in practically the 
same proportion is shown in Table V, which gives an analysis of the 
crop receipts on farms operated by their owners and on farms whose 
owners rent additional land. 
