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AGRICULTURAL FINANCE DATABOOK November 1977 Annual Series Emanuel Melichar Marian Sayre Division of Research and Statistics Board of Governors of the Federal Reserve System Washington, D C. 20551 Not for general distribution. Inquiries should be addressed to the authors. AGRICULTURAL F I N A N C E DATABOOK—ANNUAL S E R I E S NOVEMBER SECTION 1977 PAGE 100 OUTSTANDING FARM DEBT 2 200 FARM LENDING O P E R A T I O N S AND EXPERIENCE OF NONBANK 300 AGRICULTURAL 400 INTEREST BANKING DATA (SEE "QUARTERLY INSTITUTIONS 25 S E R I E S " VOLUME) RATES ON FARM DEBT 35 ! 500 BALANCE SHEET AND A S S E T S OF THE FARMING SECTOR 38 600 FARM REAL 63 700 FLOW OF FUNDS ACCOUNTS 800 CAPITAL EXPENDITURES, 900 INCOME, EXPENSES, 1000 ADDENDUM ESTATE (INDEX MARKET DEVELOPMENTS 79 CONSUMPTION, AND N E T INVESTMENT AND CASH FLOW OF P R I C E S PAID 89 106 BY FARMERS FOR FAMILY L I V I N G ITEMS)....144 THE AGRICULTURAL F I N A N C E DATABOOK I S M A I N T A I N E D BY THE AUTHORS FOR T H E I R USE I N A N A L Y S I S OF CURRENT DEVELOPMENTS I N AGRICULTURAL F I N A N C E . I T PROVIDES A CONVENIENT COMPILATION OF THE MAJOR F I N A N C I A L S E R I E S AND ACCOUNTS AND P R E S E N T S MANY ANALYTICAL R A T I O S AND OTHER TRANSFORMATIONS OF THESE D A T A . THESE MEASURES ARE THUS ALWAYS AT HAND TO PROVIDE H I S T O R I C A L P E R S P E C T I V E AND ANALYTICAL I N S I G H T U S E F U L I N I N T E R P R E T I N G CURRENT DATA AND E V E N T S . S P E C I A L DATABOOK FEATURES I N C L U D E : BALANCE SHEET DATA I N 1 9 6 7 D O L L A R S ; NET INVESTMENT AND C A P I T A L G A I N S I M P L I C I T I N BALANCE S H E E * DATA; A FLOW OF FUNDS ACCOUNT BASED ON USDA BALANCE SHEET AND C A P I T A L E X P E N D I T U R E S AND C O N S U M P T I O N DATA ( S E C T I O N 7 1 0 , A NEW FEATURE I N T H I S E D I T I O N ) ; AND S E R I E S SHOWING FARM CASH FLOW AND TOTAL FARM AND OFF-FARM INCOME I N BOTH CURRENT AND 1 9 6 7 D O L L A R S . THE DATABOOK I S D E S I G N E D FOR ECONOMISTS F A M I L I A R WITH THE S E R I E S SHOWN; OTHERS SHOULD CONSULT THE S O U R C E S AND OTHER LITERATURE C I T E D FOR INFORMATION ON THE D E F I N I T I O N S , U S E S , AND L I M I T A T I O N S OF THE D A T A . FOR SEVERAL S E C T I O N S , O R I G I N A T I N G A G E N C I E S P R O V I D E D MORE D E T A I L , AND THEIR COOPERATION I S MUCH A P P R E C I ATED. THE AUTHORS WELCOME S U G G E S T I O N S AND CORRECTIONS FROM R E A D E R S . AGRICULTURAL F I N A N C E OATABOOK—ANNUAL 100 OUTSTANDING 110 SERIES NOVEMBER 1 9 7 7 FARM DEBT TOTAL DEBT 111 JANUARY 111.1 111.2 111.3 111.4 111.5 120 130 1, 1910-0ATE JANUARY 131.1 131.2 131.3 131.4 131.5 131.6 131.7 SOURCE: 6 7 ( E X C E P T AS NOTED) AMOUNTS CHANGE DURING YEAR PERCENTAGE CHANGE D U R I N G YEAR PERCENTAGE D I S T R I B U T I O N PERCENTAGE OF TOTAL DEBT I N C L U D I N G CCC L O A N S , PERCENTAGE OF TOTAL DEBT EXCLUDING CCC L O A N S , NON-REAL-ESTATE 131 YEAR I N C L U D I N G CCC LOANS EXCLUDING CCC LOANS ESTATE DEBT JANUARY 121.1 121.2 121.3 121.4 121.5 121.6 1940-DATE AMOUNTS CHANGE DURING YEAR PERCENTAGE CHANGE DURING PERCENTAGE D I S T R I B U T I O N , PERCENTAGE D I S T R I B U T I O N , REAL 121 1, 1, 1940-DATE 1940-DATE 16 17 DEBT 1940-DATE AMOUNTS CHANGE DURING YEAR PERCENTAGE CHANGE D U R I N G PERCENTAGE D I S T R I B U T I O N , PERCENTAGE D I S T R I B U T I O N , PERCENTAGE OF TOTAL DEBT PERCENTAGE OF TOTAL DEBT is YEAR INCLUDING EXCLUDING INCLUDING EXCLUDING CCC CCC CCC CCC LOANS LOANS LOANS LOANS 21 22 23 24 AGRICULTURAL F I N A N C E S T A T I S T I C S . I N P U T S AND F I N A N C E I N THE FOOD AND F I B E R S E C T O R , NATIONAL ECONOMIC A N A L Y S I S D I V I S I O N , ECONOMIC RESEARCH S E R V I C E , U . S . DEPARTMENT OF A G R I C U L T U R E . TABLE 111.1 OUTSTANDING AMOUNTS I N I 1 1 I I 1 YEAR DEBT I N C L U D I N G CCC LOANS TOTAL CCC LOANS 10036. 10470. 10469. 9901. 8873. 8343. 7906. 8413. 9238. 11370. 445. 629. 610. 773. 589. 683. 277. 65. 84. 1152. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 .I .| .| .I .I .1 .1 .1 .I .1 1950. 1951. 1952. 1953. 1954. 1955. 1956. 1957. 1958. 1959. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .I .| .i .| .| .1 .| .| .1 .I 12454. 13050. 14644, 16100. 16933. 17661. 18793. 19344. 20411. 23650. 172 1 . 812. 588. 1184. 2390. 2219. 1870. 1563. 1215. 247 3 . I960.... 1961.... 1962.... 1963.... 1964.... 1965.... 1966.... 1967.... 1968.... 1969.... .I .| .I .I .1 .I .I .I .| .| 24775. 26179. 28466. 31387. 34387. 36804. 40658. 44027. 47397. 50455. 1165. 1390. 1866. 2055. 1926. 1543. 1408. 1157. 1420. 2671. 1970 1971 1972 1973 1974 1975 1976 1977 1 .I .1 .1 .| .1 .I .I .| 1 53026. 54484. 59114. 65345. 74137. 81833. 90832. 102663. 2676. 1876. 2262. 1793. 750. 319. 358. 1012. 19 19 19 19 19 19 19 19 19 4 4 4 4 4 4 4 4 4 1 2 3 4 5 6 7 8 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 1 1 I 1 1 1 1 I 1 1 1 I I 1 I 1 I 1 | I I 1 1 I 1 1 11 I I I | I I I I I I 1 I | I I I I 1 1 r FARM D E B T , JANUARY 1 MILLIONS OF DOLLARS DEBT EXCLUDING TOTAL BANKS CCC LOANS LIFE COOPERATIVE INSURANCE FARM COMPANIES CREDIT SYSTEM FARMERS HOME ADMINISTRATION INDIVIDUALS AND OTHERS 9590. 9841. 9859. 9129. 8264. 7660. 7629. 8348. 9155. 10219. 1434. 1527. 1608. 1401. 1384. 1398. 1541. 1972. 2433. 2843. 3001. 2919. 2795. 2520. 2123. 1781. 1543. 1387. 1324. 1369. 984. 1016. 1063. 1043. 987. 938. 891. 889. 960. 103 6 . 450. 527. 602. 686. 695. 648. 597. 592. 568. 539. 3721. 3852. 3790. 3479. 3094. 2895. 3056. 3508. 3869. 4431. 10733. 12239. 14056. 14916. 14543. 15442. 16922. 17781. 19196. 21176. 2981. 3510. 4138. 4264. 3855. 4095. 4584. 4578. 4921. 5568. 1403. 1504. 1666. 1777. 1792. 1915. 2187. 2482. 2850. 3264. 1172. 1353. 1542. 1716. 1893. 2052. 2272. 2477. 2579. 2661. 548. 586. 595. 668. 728. 795. 818. 894. 976. 1014. 4628. 5286. 6116. 6490. 6276. 6584. 7062. 7352. 7870. 8669. 23610. 24790. 26600. 29332. 32461. 35260. 39249. 42871. 45976. 47785. 6342. 6583. 6957. 7850. 8789. 9407. 10284. 11303. 12332. 13053. 3786. 4107. 4542. 4973. 5513. 6089. 6959. 8087. 9258. 10087. 2820. 2975. 3162. 3391. 3781. 428 8. 4802. 5214. 5540. 5764. 1074. 1142. 1444. 1614. 1765. 1929. 2214. 2401. 2642. 2876. 9588. 9982. 10495. 11504. 12613. 13548. 14990. 15866. 162 0 5 . 16005. 50350. 52608. 56852. 63552. 73387. 81514. 90474. 101651. 13875. 14874. 16717. 19107. 22625. 24204. 26456. 30064. 11384. 12660. 14195. 15909. 19062. 23296. 27073. 31055. 5734. 5610. 5564. 5643. 5965. 6297. 6726. 7400. 3065. 3235. 3389. 3616. 3891. 4259. 5141. 5566. 16293. 16228. 16987. 19277. 21845. 23458. 25078. 27566. TABLE 111.2 OUTSTANDING FARM DEBT CHANGE DURING YEAR I N M I L L I O N S OF DOLLARS i i YEAR | 1 1 1 1 1940 | 1941 | 1942 I 1943 | 1944 | 1945 | 1946 | 1947 | 1948 | 1949 I 1 1950 | 1951 | 1952 | 1953 | 1954 | 1955 | 1956..... | 1957 | 1958 | 1959 | 1960 | 1961 | 1962 | 1963 | 1964 J 1965 | 1966 $ 1967 j 1968.....I 1969 | 1971.....| 1972 | 1973 I 1974 | 1975 \ i97b \ 1 DEBT I N C L U D I N G CCC LOANS DEBT LOANS COOPERATIVE LIFE FARM INSURANCE COMPANIES CREDIT SYSTEM FARMERS HOME ADMINISTRATION INDIVIDUALS AND OTHERS I TOTAL CCC LOANS 435. -1. -56b. -1028. -530. -437. 507. 625. 2132. 1064. 184. -19. 163. -183. 94. -406. -212. 19. 1068. 569. 1 1 I I 1 1 1 I 1 1 251. 18. -730. -845. -623. -32. 719. 807. 1064. 514. 93. 81. -207. -17. 14. 143. 431. 461. 410. 137. -82. -124. -275. -396. -343. -238. -156. —63. 45. 34. 32. 47. -20. —56 . -48. -47. -3. 71. 77. 136. 76. 76. 64. 9. -47. -51. -5. -24. -29. 9. 131. —61. -312. -384. -199. 161. 452. 361. 561. 198. 596. 1594. 1456. 634. 728. 1132. 551. 1067. 3238. 1126. -910. -223. 596. 1206. -171. -34 9. -30 6. —34 6 . 1259. -1308. 1 1 1 1 I 1 I 1 I 1 1506. 1817. 860. -372. 898. 1481. 859. 1415. 1980. 2434. 530. 627. 127. -410. 241. 48V. —6 • 343. 647. 774. 101. 162. 111. 15. 123. 272. 295. 369. 413. 522. 180. 189. 174. 177. 159. 220. 205. 102. 62. 156. 38. 8. 73. 60. 67. 23. 75. 63. 37. 60. 657. 830. 375. -214. 308. 478. 290. 516. 799. 919. 1404. 2267. 2921. 2999. 2*17. 3854. 3370. 3369. 3059. 2571. 225. 476. 189. -129. -38 3. -135. -252. 263. 1251. 5. 1 t 1 1 I 1 1 1 1 | 1179. 1810. 2732. 3128. 2800. 3989. 3621. 3106. 1808. 2566. 241. 373. 893. 939. 618. 878. 1019. 1029. 721. 622. 321. 435. 431. 540. 576. 670. 1128. 1170. 630. 1297. 155. 187. 229. 389. 507. 514. 412. 326. 224. —3 0 . 69. 302. 170. 151. 164. 266. 186. 242. 234. 189. 394. 513. 1009. 1109. 935. 1442. 876. 339. -200. 288. 145b. 4630. 6231. 6792. 769 5 . 9000. 11831. -tiOO . 386. -469. -1043. -432. 39. 654 . 1 I I 1 1 I 1 2257. 4244. 6700. 9835. 8127. 8960. 11177. 999. 1843. 2390. 3516. 1579. 2252. 3608. 1276. 1534. 1714. 3153. 4234. 3778. 3962. -124. -46. 79. 32 2 . 333. 429. 674. 170. 154. 227. 275. 369. 882. 424. -65. 759. 2290. 2568. 1613. 1621. 2488. TOTAL BANKS EXCLUDING . CCC TABLE 111.3 YEAR OUTSTANDING FARM DEBT PERCENTAGE CHANGE DURING YEAR 1 | 1 I | 1 1 1 1940 | 1941 1942..... 1 1 1943 I 1944 I 1945 I 1946 | 1947 1 1948 1 1949 1 | 1950 1 9 5 1 . . . . . .1 .1 1952 ,t 1953 1954 ,1 . I 1955 . 1 1956 1 9 5 7 . . . . , .1 1 9 5 8 . . . . ,.| 1959....,. I 1 I960....,. I 1961....,. | 1 9 6 2 . . . . , .I 1963....,. I 1 9 6 4 . . . . , .1 1965.... . | 1 9 6 6 . . . . .1 1 9 6 7 . . . . .1 1 9 6 8 . . . . .1 1 9 6 9 . . . . .1 1 1 9 7 0 . . . . .1 1 9 7 1 . . . . .1 1 9 7 2 . . . . .1 1 9 7 3 . . . . .1 1 9 7 4 . . . . .1 1 9 7 5 . . . . .1 1 9 7 6 . . . . .1 1 DEBT EXCLUDING CCC LOANS DEBT INCLUDING CCC LOANS TOTAL CCC LOANS . 4.3 -0.0 -5.4 -10.4 -6.0 -5.2 6.4 9.6 23.1 9.5 41.4 -3.1 26.6 -23.7 15.9 -59.4 -76.6 28.8 1278.6 49.4 LIFE COOPERATIVE INSURANCE FARM COMPANIES CREDIT SYSTEM FARMERS HOME ADMINISTRATION INDIVIDUALS AND OTHERS TOTAL BANKS 2.6 0.2 -7.4 -9.3 -7.5 -0.4 9.4 9.7 11.6 5.0 6.5 5.3 -12.9 -1.2 1.0 10.2 28.0 23.4 16.8 4.8 -2.7 -4.3 -9.8 -15.7 -16.1 -13.4 -10.1 —4.6 3.4 2.5 3.3 4.6 -1.9 -5.4 -4.9 —5.0 -0.3 8.0 8.0 13.1 16.9 14.4 13.9 1.3 —6.8 -7.8 -0.9 -4.0 -5.1 1.7 3.5 —1.6 —8 . 2 -11.1 —6 . 4 5.6 14.8 10.3 14.5 4.5 J 4.8 12.2 9.9 5.2 4.3 6.4 2.9 5.5 15.9 4.8 -52.8 -27.5 101.3 101.9 —7 • 1 -15.7 -16.4 -22.3 103.6 -52.9 14.0 14.8 6.1 -2.5 6.2 9.6 5.1 8.0 10.3 11.5 17.8 17.9 3.1 -9.6 6.2 11.9 -0.1 7.5 13.2 13.9 7.2 10.8 6.7 0.8 6.8 14.2 13.5 14.9 14.5 16.0 15.4 14.0 11.3 10.3 8.4 10.7 9.0 4.1 3.2 5.9 6.9 1.4 12.3 9.0 9.3 2.9 9.2 9.3 3.8 5.9 14.2 15 . 7 6.1 -3.3 4.9 7.3 4.1 7.1 10.2 10.6 5.7 8.7 10.3 9.6 7.0 10.5 8.3 7.7 6.5 5.1 19.3 34.2 10.1 —6 . 3 -19.9 -8.7 -17.9 22.8 88.1 0.2 5.0 7.3 10.3 10.7 8.6 11.3 9.2 7.2 3.9 5.4 3.8 5.7 12.8 12.0 7.0 9.3 9.9 9.1 5.8 6.3 8.5 10.6 9.5 10.9 10.4 14.3 16.2 14.5 9.0 12.9 5.5 6.3 7.3 11.5 13.4 12.0 8.6 6.3 4.0 -0.5 6.4 26.4 11.7 9.4 9.3 14.8 8.4 10.1 8.9 6.6 4.1 5.1 9.6 9.6 7.4 10.6 5.8 2.1 -1.2 1.8 2.7 8.5 10.5 13.5 10.4 11.0 13.0 -29.9 20.6 -20.7 -58.2 -57.6 12.3 182.8 4.5 8.1 11.8 15.5 11.1 11.0 12.4 7.2 12.4 14.3 18.4 7.0 9.3 13.6 11.2 12.1 12.1 19.8 22.2 16.2 14.7 —2 . 2 —0. 8 1.4 5.7 5.6 6.8 10.0 5.6 4.8 6.7 7.6 9.5 20.7 8.3 -0.4 4.7 13.5 13.3 7.4 6.9 9.9 TABLE 111.4 OUTSTANDING FARM D E B T , JANUARY 1 PERCENTAGE OF TOTAL ( I N C L U D I N G CCC LOANS) YEAR 1940.... 1941.... 1942.... 1943.... 1944.... 1945.... 1946.... 1947.... 1948.... 1949.... 1950..... 1951.... 1952...., 1953...., 1954..... 1955...., 1956...., 1957...., 1956 1959..... 1960 1961...., 1962..... 1963 1964 1965..... 1967 1968 1969 1970 1972 1973 1974 1975 1976 1977 i 1 1 1 1 1 1 .1 .1 .1 .1 .1 .1 1 1 1 1 1 1 .1 .1 .1 .1 .1 .1 ,1 ,1 ,1 1 >1 . 1 . 1 .1 ,1 . I •1 ,1 . 1 . 1 1 . I 1 . 1 ,1 . 1 1 1 ,1 1 DEBT I N C L U D I N G CCC LOANS DEBT EXCLUDING , CCC LOANS COOPERATIVE LIFE FARM INSURANCE CREDIT COMPANIES SYSTEM FARMERS HOME ADMINISTRATION INDIVIDUALS AND OTHERS TOTAL BANKS TOTAL CCC LOANS 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 4.4 6.0 5.8 7.8 6.6 8.2 3.5 0.8 0.9 10.1 95.6 94.0 94.2 92.2 93.4 91.8 96.5 99.2 99.1 89.9 14.3 14.6 15.4 14.1 15.6 16.8 19.5 23.4 26.3 25.0 29.9 27.9 26.7 25.4 23.9 21.3 19.5 16.5 14.3 12.0 9.8 9.7 10.2 10.5 11.1 11.2 11.3 10.6 10.4 9.1 4.5 5.0 5.8 6.9 7.8 7.8 7.6 7.0 6.2 4.7 37.1 36.8 36.2 35.1 34.9 34.7 38.7 41.7 41.9 39.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 13.8 6.2 4.0 7.4 14.1 12.6 10.0 8.1 6.0 10.5 86.2 93.8 96.0 92.6 85.9 67.4 90.0 91.9 94.0 89.5 23.9 26.9 28.3 26.5 22.8 23.2 24.4 23.7 24.1 23.5 11.3 11.5 11.4 11.0 10.6 10.8 11.6 12.8 14.0 13.8 9.4 10.4 10.5 10.7 11.2 11.6 12.1 12.8 12.6 11.3 4.4 4.5 4.1 4.1 4.3 4.5 4.4 4.6 4.8 4.3 37.2 40.5 41.8 40.3 37.1 37.3 37.6 38.0 38.6 36.7 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 4.7 5.3 6 .6 6.5 5.6 4.2 3.5 2.6 3.0 5.3 95.3 94.7 93.4 93.5 94.4 95.8 96.5 97.4 97.0 94.7 25.6 25.1 24.4 25.0 25.6 25.6 25.3 25.7 26.0 25.9 15.3 15.7 16.0 15.8 16.0 16.5 17.1 18.4 19.5 20.0 11.4 11.4 11. 1 10.8 11.0 11.7 11.8 11.8 11.7 11.4 4.3 4.4 5.1 5.1 5.1 5.2 5.4 5.5 5.6 5.7 38.7 38.1 36.9 36.7 36.7 36.8 36.9 36.0 34.2 31.7 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 5.0 3.4 3.8 2.7 1.0 0.4 0.4 1 .0 95.0 96.6 96.2 97.3 99.0 99.6 99.6 99.0 26.2 27.3 28.3 29.2 30.5 29.6 29.1 29.3 21.5 23.2 24.0 24.3 25.7 28.5 29.8 30.2 10.6 10.3 9.4 6.6 8.0 7.7 7.4 7.2 5.8 5.9 5.7 5.5 5.2 5.2 5.7 5.4 30.7 29.8 28.7 29.5 29.5 28.7 27.6 26.9 TABLE 111.5 OUTSTANDING FARM DEBT EXCLUDING CCC LOANS, JANUARY PERCENTAGE OF TOTAL (EXCLUDING CCC LOANS) 1 1 1 1 1 I 1940 I 1941 I 1942 I 1943 I 1944 I 1945 I 1946 1947 I I 1948 .1 1949 1 I 1950 I 1951 ,| 1952 1953...*. I •1 1954 ,I 1955 1 9 5 6 . . . . , .1 1957 .I 1 9 5 8 . . . . , .1 1 9 5 9 . . . . . ,I i I 9 6 0 . . . . , .I 1 9 6 1 . . . . . ,I 1 9 6 2 . . . . , >i 1 9 6 3 . . . . ..| 1 9 6 4 . . . . , .1 1 9 6 5 . . . . , .( 1 9 6 6 . . . . , .1 1 9 6 7 . . . . , .1 1 9 6 8 . . . . , .I 1 9 6 9 . . . . , .1 1 1 9 7 0 . . . * , ,I 1 9 7 1 . . . . . .1 1 9 7 2 . . . . .I 1 9 7 3 . . . . .I 1 9 7 4 . . . . .1 1975....,.| 1 9 7 6 . . . . .I 1 9 7 7 . . . . .I 1 YEAR COOPERATIVE LIFE FARM INSURANCE CREDIT COMPANIES SYSTEM FARMERS HOME ADMINISTRATION 1 INDIVIDUALS AND OTHERS TOTAL BANKS 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 15.0 15.5 16.3 15.3 16.7 18.3 20.2 23.6 26.6 27.6 31.3 29.7 28.3 27.6 25.6 23.2 20.2 16.6 14.5 13.4 10.3 10.3 10.8 11.4 11.9 12.2 11.7 10.6 10.5 10.1 4.7 5.4 6.1 7.5 8.4 6.5 7.8 7.1 6.2 5.3 38.8 39.1 38.4 38.1 37.4 37.8 40.1 42.0 42.3 43.4 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 27.8 28.7 29.4 28.6 26.5 26.5 27.1 25.7 25.6 26.3 13.1 12.3 11.9 11.9 12.3 12.4 12.9 14.0 14.8 15.4 10.9 11.1 11.0 11.5 13.0 13.3 13.4 13.9 13.4 12.6 5.1 4.8 4.2 4.5 5.0 5.2 4.8 5.0 5.1 4.8 43.1 43.2 43.5 43.5 43.2 42.6 41.7 41.3 41.0 40.9 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 26.9 26.6 26.2 26.8 27.1 26.7 26.2 26.4 26.8 27.3 16.0 16.6 17.1 17.0 17.0 17.3 17.7 18.9 20.1 21.1 11.9 12.0 11.9 11.6 11.6 12.2 12.2 12.2 12.0 12.1 4.5 4.6 5.4 5.5 5.4 5.5 5.6 5.6 5.7 6.0 40.6 40.3 39.5 39.2 38.9 38.4 38.2 37.0 35.2 33.5 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 27.6 28.3 29.4 30.1 30.8 29.7 29.2 29.6 22.6 24.1 25.0 25.0 26.0 28.6 29.9 30.6 11.4 10.7 9.8 8.9 8.1 7.7 7.4 7.3 6.1 6.1 6.0 5.7 5.3 5.2 5.7 5.5 32.4 30.8 29.9 30.3 29.8 28.8 27.7 27.1 7 TABLE: 121.1 O U T S T A N D I N G FARM REAL E S T A T E D E B T , J A N U A R Y AMOUNTS I N M I L L I O N S UF DOLLARS YEAR 1 1 1 t 1 1 TOTAL | 1 i | 1 1 1 COOPERATIVE BANKS TOTAL FARM C R E D I T FEDERAL LAND BANKS SYSTEM FEDERAL FARM MORTGAGE CORPORATION JOINTSTOCK LAND BANKS 1 1 FARMERS LIFE | INSURANCE| HUME COMPANIES I A D M I N I S TRATION 1 1 1 I INDIVIDUALS | AND I OTHERS 1 1 406. 478. 580. 674. 724. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 387. 423. 460. 550. 597. ****** ****** ****** ****** ****** 2 2 2 3 3 4991. 5256. 5826. 6537 o 7137. 746. 776. 934. 1008. 1030. ****** ****** ****** ****** ****** ****** ****** ****** ****** 41. 165. 39. 156 . ****** ****** ****** ****** ****** 2. 8. 670. 766. 861. 956. 1018. ****** ****** ****** ****** ****** 3575. 3715. 4031. 4532. 4924. 8449. 3 0221. 10702» 10786. 10665. 1204. 1447. 1540. 1506. 1388. 354. 428. 518. 858. 1190. 29 35 43 63 79 ****** ****** ****** ****** ****** 60. 78. 85. 219. 393. 975. 1206. 1432. 1556. 1792. ****** ****** ****** ****** ****** 5916. 7140. 7212. 6865. 6294. | 1 | 1 | 9913. 9713. 9658. 9757. 9757. 1200. 1178. 1144. 1097. 1047. 1370. 1544. 1701. 1815. 1839. 923. 999. 1069 * 1145 » 1183. ****** ****** ****** ****** ****** 446. 546. 632. 670. 657. 1943. 2030. 2124. 2173. 2139. ****** ****** ****** ****** ****** 5400. 4960. 4690. 4672. 4732. 997. 947. 940. 889. 711. 1840 » 1803» 1733. 1622. 1741. 1202 » 1197. 1181. 1147. 1258, ****** ****** ****** ****** 71. 638. 606. 552. 475. 412. 2118. 2087. 2037. 1898. 1696. ****** | 9631. 9398. 9094. 8466 . 7685. 4675. 4561. 4384. 4057. 3536. 1935 I 1936.....1 1937 | 1938 | 1 9 3 9 . . . | 7584. 7423. 7154. 6955. 6779. 499. 488. 488. 501. 519. 2841. 3108. 3152. 3084 * 2978. 1947. 2114. 2148. 2127. 2088. 617. 794. 641. 824. 774* 277. 201. 163. 134a 115. 1302. 1112. 1016. 989. 983. ****** ****** ****** ****** 10. 2943. 2715. 2499. 2381. 22 8 9 . 1940 | 1 9 4 1 . . . . . | 1942 | 1943 1 1944 | 6586 . 6494. 6376. 5956. 5396. 534. 543. 535. 477. 448. 2815. 2716* 2572. 2299. 1893. 2010. 1957. 1881. 1718. 1453. 713.* 685 T 635. 544. 430. 984. 1016. 1063. 3043. 967. 32. 66. 116. 159. 174. 2221. 2152. 2090. 1979. 1894. 1 9 1 0 . . . . . | 1911 ! 1912 | 1913 I 1914 | 3208. 3522. 3930. 4348. 4707. 1915 I 1 9 1 6 . . . . . | 1 9 1 7 . . . . . | 1918 | 1919 | 1920 | 1921 I 1922 1 9 2 3 . , . . . I 1924 | | 1925 1926 1927 1928 1929 1 9 3 0 1 9 3 1 1932 1 9 3 3 1934 . . , . . | . . . , . ! . . . . ) . . . . . | 1 4. 0. 3. 9. 8. 92 a 73. 56. 37. 10. ****** **f:-3** ****** ****** 415. 621. 870. 124. 386. TABLE 121.1 O U T S T A N D I N G FARM REAL E S T A T E D E B T , JANUARY AMOUNTS I N M I L L I O N S OF DOLLARS COOPERATIVE I I I I I YEAR TOTAL BANKS TOTAL FARM C R E D I T FEDERAL LAND BANKS J t 194 5 I 1946 I 194 7 I 1 9 4 8 . . . . . I 194 9 I I 195 0 I 195 1 196 0 196 196 196 196 1 2 3 4 I 197 197 197 197 197 0 1 2 3 4 197 5 197 6 197 7 1172. 1353. 1542. 1716. 1893. 202. 18. 0. ****** ****** ****** ****** 257. 291. 330. 352. 2308. 2526. 2786. 3030. 3216. 1267. 1480. 1722. 1897. 2065. 13. ****** ****** ****** ****** ****** ****** ****** ****** ****** 2052. 2272. 2477. 2579. 378. 413. 463. 541. 608. 3374. 3572. 3862. 4050. 4349. 2335. 2539. 2803. 3024. 3282. 2335. 2539. 2803. 3024. 3282. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 2820. 2975. 3162. 3391. 3781. 676 • 723. 948. 1058. 1171. 4728. 4992. 5345. 5824. 6433. 1285. 1497. 1663. 1844. 2054. 7218. 8040. 8516. 9135. 10165. 2280. 2835. 3013. 10953. 11378. 11927. 13437. 15915. 3215. 3369. 3688. 17408. 18728. 20266. 932. 986. 1017. 1069. 1092. 965. 991. 1027. 1095. 1187. 906. 947. 994. 1071. 1169. 1161. 1275. 1298. 1316. 1408. 1280. 1480. 1722. 1897. 2065. 1079. 977. 889. 868. 347. 239. 147. 107. 78. 5. 3. 2. 2661 . I 12082. I I I I 12820. 13899. 15168. 16804. 1523. 1592. 1641. 1870. 2137. 18894. 21187. 2 3077. 25142. 27397. 2417. 2607. 2770. 3061. 3333. 3687. 4240. 4915. 5563. 6081. 3687. 4240. 4915. 5563. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 4288. 4802. 5214. 5540. 5764. 29183. 30346. 32 2 08. 35758. 41253. 3545. 3772. 4218. 4792. 54 58. 6671. 7145. 7880. 9050. 10901. 6671. 7145. 9050. 10901. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 5734. 5610. 5564. 5643. 5965. 46288. 51069. 56590. 5966. 6296. 6781. 13402. 15950. 16455. 13402. 15950. 18455. ****** ****** ****** ****** ****** ****** 6297. 6726. 7400. i 196 5 196 6 196 7 196 8 196 9 59. 44. 33. 24. 5579. 8245. 9012. 9822. 10382. 11091. I I I I I I I I I I I I I I I I J 1. 0. 1210. 6662. 7241. 7740. 1 1795. 1856. 2008. 2069. 1562. 1322. 1125. 997. 947. 1952 . . . . . I 195 3 I 195 4 I I 195 5 I 195 6 I 195 7 I 195 8 I 195 9 I I 196. 184. 192. 198. 197. 450. 507. 663. 841. 898. 6112. -BAM5 1 (INDIVIDUALS I AND I OTHERS I 938. 891. 889. 960. 1036. 4941. 4760. 4897. 5064. 5288. I JOINTSTOCK LAND I I I LIFE I FARMERS | INSURANCE| HOME I COMPANIES I A D M 1 N I S | I TRATION SYSTEM FEDERAL FARM MORTGAGE f-flR POR AT ION 1 6081. 7880. 2440. 2618. 2211. TABLE 10 121.2 O U T S T A N D I N G FARM REAL E S T A T E D E B T CHANGE D U R I N G Y 3 A R I N M I L L I O N S OF DOLLARS 1 1 1 | COOPERATIVE FARM C R E D I T SYSTEM 1 LIFE | FARMERS INSURANCE| HOME COMPANIES | A D M I N I S TRATION 1 1 (INDIVIDUALS 1 AND 1 OTHERS 1 1 YEAR | 191 191 191 191 191 1 1 1 1 | | | | | 314. 408. 418. 360. 283. 71. 103. 93. 50. 22. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 1 1915 | 1 9 1 6 . . . . . | 191 7 | 191 8 | 191 9 | 36. 56. 71. 47. 73. ****** ****** ****** ****** ****** 206. 249. 254. 262. 189. 266. 569 . 711. 601. 1311. 30. 158. 75. 22. 174. ****** ****** ****** ****** ****** ****** 41. 124. 189. I | | | I | 39. 117. 137. ****** ****** ****** ****** ****** 2. 6. 52. 96. 96. 94. 63. -43 . ****** ****** ****** ****** ****** 140. 316. 501. 393. 992. 1772. 481. 83. -121. -752. 243. 93. -34. -118. -188. 74. 90. 341. 332. 179. 56. 83. 207. 158. 125. ****** ****** ****** ****** ****** 18. 7. 134. 174. 54. 231. 227. 124. 236. 150. ****** ****** ****** ****** ****** 1224. 72. -348. -570. -894. -22. -35. -47. -50. -49. 175. 157. 114. 25. 0. 75. 70. 76. 38. 19. ****** ****** ****** ****** ****** 99. 87. 37. -13. -19. 88. 93. 49. -34. -21. ****** ****** ****** ****** ****** -440. -270. -18. 59. -56. -31. -50. -138. -201. -396. ****** ****** ****** ****** ****** -114. -177. -327. —521. -593. 0 1 2 3 4 192 0 192 1 192 2 192 3 192 4 | TOTAL BANKS 1 1 1 TOTAL FEDERAL LAND BANKS FEDERAL FARM MORTGAGE CORPORATION JOINTSTOCK LAND BANK S 192 192 192 192 192 5 6 7 8 9 | | | | | -199. -55 . 99. -0. -126. 193 193 193 193 193 0 1 2 3 4 I | | | | | -233 -304 -628 -781 -101 . . . . . -51. -7. -51. -178. -212. -37. -70. -111. 119. 1100. -5. -16. -34. 111. 690. ****** ****** ****** 71. 546. -3 2. —54. -77. —63. -135. 193 193 193 193 193 5 6 7 8 9 | | | | | -162 • -269 . -199. -176. -193. -11. 0. 14. 18. 15. 267. 44. -67. -106. -163. 177. 47. -17. -50. -61. -76. -38. -29. -19. -23. -189. -97. -27. -6 . 1. ****** ****** ****** 10. 22. -228. -216. -118. -92. -68. 194 0 194 1 1942 194 3 194 4 I | | | | | 166. 34. -21. -38. -79. -93. -117. -420. -561. -455. 9. -8. -59. -28. 1. - —28. -50. -91. -114. -82. -18. —18. -19. -27. -5. 32. 47. -20. -56. -48. 34. 50. 43. 15. 22. -69. —61 • -112. -84. -99. | I -99. 144. 272. 406. 330. -1 -2 -2 5 7 6 6 4 3 6 3 5 3 . . . . . O U T S T A N D I N G FARM REAL E S T A T E D E B T CHANGE D U R I N G YEAR I N M I L L I O N S O F D O L L A R S 1 j 1 | I j BANKS 1 1 1 1 TOTAL 194 5 194 6 194 7 194 8 1 9 49 I I I | I -180. 137. 167. 224. 291. 58. 176. 157. 57. 34. -241. -197. -128. -50. 18. -131. -102. -88. -21. 38. 195 195 195 195 195 0 1 2 3 4 I | I | I 533. 550. 579. 499. 505. 54. 31. 52. 23. 69. 26. 35. 68. 92. 93. 41. 47. 77. 98. 98. 195 195 195 195 195 5 6 7 8 9 | , I ,| ,| 767. 810. 561. 709. 991. 114. 23. 17. 92. 116. 200. 242. 175. 168. 270. . , , , , . 1 .1 . | .| . I 738. 1079. 1269. 1636. 2091. 69. 49. 229. 266. 280. 1 1 1 1 1 965...., 966.... 967...., 968.... 969.... . I •I .I .| .1 2293. 1890. 2065. 2255. 1785. 1 1 1 1 1 9 9 9 9 9 .I TOTAL FARM C R E D I T FEDERAL LAND BANKS I I I 1 YEAR 1 1 1 | COOPERATIVE SYSTEM FEDERAL FARM MORTGAGE CORPORATION JOINTSTOCK LAND BANKS 1 FARMERS LIFE 1 HOME INSURANCE| COMPANIES! A D M I N I S TRATION 1 1 1 I INDIVIDUALS | AND I OTHERS 1 1 . . . . . -47. -3. 71. 77. 136. -11. 8. 6. -1. 5. 61. 152. 61. 141. 98. -15. -11. -9. —6. -5. -0. ****** ****** ****** ****** 180. 189. 174. 177. 159. 55. 34. 40. 22. 26. 217. 260. 245. 186. 158. 213. 242. 175. 168. 270. -13. ****** ****** ****** ****** ****** ****** ****** ****** ****** 220. 205. 102. 82. 158. 35. 50. 78. 67. 68. 198. 290. 188. 299. 379. 204. 264. 221. 258. 405. 2 2 2 2 4 4. 4. 1. 8. 5. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 155. 187. 229. 389. 507. 47. 225. 110. 113. 114. 264. 353. 479. 609. 785. 191. 163. 291. 273. 212. 553. 674. 649. 518. 590. 553. 674. 649. 518. 590. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 514. 412. 326. 224. —30. 212. 166. 181. 210. 225. 822. 476. 619. 1030. 788. .I .1 .I 1163. 1862. 3550. 5495. 5036. 227. 446. 574. 666. 508. 474. 734. 1170. 1851. 2501. 474. 734. 1170. 1851. 2501. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** -124. —46 * 79. 322. 333. 160. 178. 217. 178. 201. 425. 549. 1510. 2478. 1493. 1975.... .| 1976.... .| 4781. 5521. 330. 485. 2547. 2505. 2547. 2505. ****** ****** ****** ****** 429. 674. 154. 320. 1321. 1538. I I 9 6 0 . . 1961.. 1962.. 1963.. 1964.. 7 7 7 7 7 0 1 2 3 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .I 0 6 2 5 0 -10 -9 -4 -2 -1 8 3 0 9 9 . . . . . - 2 2 1 0 0 TABLE 121.3 O U T S T A N D I N G FARM REAL E S T A T E D E B T P E R C E N T A G E CHANGE D U R I N G YEAR COOPERATIVE YEAR TOTAL BANKS TOTAL _L 11.6 10.6 I 191 5 | 191 6 | 1 9 17 | 1 9 1 8 . . . . . | 191 9 | 10.8 12.2 0 1 2 3 4 I 1 | | | | 5 6 7 8 9 I | | | | | 193 0 193 1 193 2 193 3 193 4 I | | | | | 193 5 193 6 193 7 1936 1939 I | | | | | 192 192 192 192 192 192 192 192 192 192 I 1 9 4 0 . . . . . | 194 1 | 194 2 | 194 3 I 1 9 44 | I FEDERAL LAND BANKS CREDIT SYSTEM FEDERAL FARM MORTGAGE CORPORATION I | | | | | 191 0 191 1 191 2 191 3 191 4 FARM 9.8 8.3 6.0 5.3 17.6 21.5 16.1 7.4 3.1 ****** ****** ****** ****** 4.0 20.3 JOINTSTOCK LAND BANKS I LIFE | FARMERS INSURANCE| HOME COMPANIES| ADMINISI TRATION I 1 ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 9. 13. 14. 8. 12. ****** ****** ****** ****** ****** ****** ****** **** ** ****** 344.1 616.1 14.3 12.5 11.0 6.5 -4.3 ****** ****** ****** ****** ****** 4 3 7 6 1 I (INDIVIDUALS | AND | OTHERS | ****** ****** ****** ****** ****** 8.5 9.5 8.8 8.4 5.6 9.2 18.4 16.9 301.5 114.8 299.4 87.9 ****** ****** ****** ****** ****** 21.0 20.2 20.9 19.1 23.7 47.9 24.8 15.7 ****** ****** ****** ****** ****** 29.8 9.1 157.3 79.5 13.7 23.7 18.8 8.6 15.2 8.4 ****** ****** ****** ****** ****** 2 0 1 3 6 ****** ****** ****** ****** ****** 22.2 15.9 5.9 -2.0 -2.9 4.5 4.6 2.3 ~1.6 - l . u ****** ****** ****** ****** ****** - 0 . 4 - 1 . 3 - 2 . 9 9.7 54.8 ****** ****** ****** ****** -1.5 -2.4 -6. 8 —10*6 -23.3 ****** ****** ****** ****** ****** 8.5 28.8 5.9 -2.0 —6.0 -7.9 -14.5 —8.7 -2.7 —0.6 0.1 ****** ****** ****** ****** 214.9 - 3.3 4.6 -1.9 -5.4 -4.9 104.9 75.3 37.6 9.2 12.6 -3.1 -2.9 —5.4 -4.3 -5.2 4.7 8.0 2.2 6.4 21.0 0.8 -2.2 -7.1 - 7 . 9 -13.5 65.8 38.7 15.0 -1.8 12.7 -3.0 -4.1 —4.6 —4 . 7 10.2 6.7 1.4 - 5 . 1 - 0 . 7 - 5 . 4 -2.0 -1.1 -2.0 -0.6 1.0 -0.0 -1.3 - 2 . -3. -6. -9. -1. 4 2 9 2 3 -2.1 -3. 6 -2.8 -2.5 -2.8 -1.4 —1.8 —6. 6 - 9 . 4 -8.4 -20.0 -29.8 - 2 . 3 0.0 2.9 3.6 2.9 1.7 -1.5 -10.9 -5.9 0.3 0.0 -3 -6 7 63 .9 .4 .3 .2 9.4 1.4 -2.1 -3.5 - 5 . 5 -3.5 -5.3 —10.6 -17.7 -17.5 8 7 7 3 1 . . . . . 1.6 - 1 . 0 -1.8 - 3 . 8 —2.6 - 3 . 9 —8. 6 - 1 5 . 4 —16. 7 771.9 -1 -2 -1 3 7 4 1 9 .9 .3 .3 .0 .2 -1 -1 -3 - 5 8 4 3 2 . . . . . 0 9 0 2 8 27.6 18.9 18.0 13.9 20.2 -19 -23 -33 -72 -46 . . . . . 9 9 8 7 0 3.9 8.5 12.4 8.7 20.1 20.7 1.0 —4.8 - 8 . 3 -14.2 —8.1 -5.4 -0.4 1.3 -1.2 —2 . 4 -3.9 -7.5 -12.9 -16.8 7 7 4 3 3 . . . . . 8 9 7 8 0 TABLE 121.3 O U T S T A N D I N G FARM R E A L E S T A T E DEBT P E R C E N T A G E CHANGE D U R I N G YEAR I I | I I I YEAR TOTAL 1 1 I 1 1 1 COOPERATIVE BANKS I TOTAL FEDERAL LAND BANKS FEDERAL FARM MORTGAGE SYSTEM JOINTSTOCK LAND BANKS I I | | | LIFE I INSURANCE| COMPANIES I | J 1 I FARMERS HOME ADMINISTRATION (INDIVIDUALS | AND OTHERS I | L 1 7 0 2 7 -41.2 —48 . 6 —60 . 7 -26.4 —41 . 6 -5.0 -0.3 8.0 6.0 13.1 -5.6 4.3 3.1 —0.4 2.3 3.4 4.6 4.9 7.8 9.2 8.3 -25.0 -25.5 -27.1 —26.2 -27.2 -100.0 ****** ****** ****** ****** 15.4 14.0 11.3 10.3 8.4 27.2 13.2 13.6 6.7 7.4 9.4 10.3 8.9 13.1 16.8 16.4 10.1 6.9 13.1 -100.0 ****** ****** ****** ****** ****** ****** ****** ****** ****** 10.7 9.0 4.1 3.2 5.9 9.1 12.2 16.8 12.5 11.2 4.5 3.1 14.0 14.2 13.1 8.7 10.4 7.9 8.5 12.3 8.7 10.4 7.9 8.5 12.3 ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 5.5 6.3 7.3 11.5 13.4 6.9 31.2 11.6 10.7 9.7 5.6 7.1 9.0 10.5 1945 1946 1947 1948 1949 | | 1 | 1 -3.7 2.9 3.4 4.4 5.5 12.8 34.7 23.0 6.6 3.8 -15.4 -14.9 -11.4 -5.0 2.0 10.8 -9.5 -9.0 -2.3 4.4 1950 1951 1952 1953 1954 | | | | | 9.6 9.0 8.7 6.9 6.5 5.8 3.2 5.1 2.1 6.4 2.7 3.6 6.7 6.4 7.8 , | 1955 , | 1956 1 9 5 7 . . . . ., I , | 1958 . | 1959 9.3 9.0 5.7 6.8 8.9 9.6 1.8 1.3 7.0 8.2 15.7 16.4 . 1 . I 1962....,. I 1963......| 1 9 6 4 . . . . . .1 6.1 8.4 9.1 10.8 12.4 1960 FARM C R E D I T 10.1 -3 -3 -2 -2 -2 1 8 7 7 4 . . . . . 8.2 3.0 6.8 4.4 8.8 6.1 4.9 5.9 6.1 4.9 7.4 8.7 12.2 1 1 1 1 1 9 9 9 9 9 6 6 6 6 6 5 6 7 8 9 . . . . . . . . . . . . . . . . . . . . .1 . | . | . I . | 12.1 8.9 8.9 9.0 6.5 7.9 6.2 10.5 8.9 6.4 15.0 15.9 13.2 9.3 9.7 15.0 15.9 13.2 9.3 9.7 ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 12.0 8.6 6.3 4.0 -0.5 16.5 11.1 10.9 11.4 11.0 11.4 5.9 7.3 11.3 7.6 1 1 1 1 1 9 9 9 9 9 7 7 7 7 7 0 1 2 3 4 . . . . . . . . . . . . . . . . . . . . . | . | •1 .1 .I 4.0 6.1 11.0 15.4 12.2 6.4 11.8 13.6 13.9 9.3 7.1 10.3 14.9 20.5 22.9 7.1 10.3 14.9 20.5 22.9 ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** -2.2 -0.8 1.4 5.7 5.6 7. 7. 8. 6. 6. 3.9 4.8 12.7 1 9 7 5 . . . . .I 1 9 7 6 . . . . . | 10.3 10.8 5.5 7.7 19.0 15.7 19.0 15.7 ****** ****** ****** ****** 6.8 10.0 4.8 9.5 0 3 3 3 7 Id.4 9.4 7.6 8.2 TABLE 14 121.4 OUTSTANDING FARM REAL E S T A T E D E B T , PERCENTAGE OF TOTAL COOPERATIVE YEAR TOTAL 100.0 100.0 1910 1911 1912 1913 1914 100.0 100.0 1915 1916 1917 1918 1919 100.0 100.0 100.0 100.0 100.0 1920 1921 1922 1923 1924 100.0 100.0 100.0 100.0 100.0 100.0 1925 1926, 1927 1928, 1929, 100.0 100.0 100.0 100.0 100.0 1930, 1931, 1932, 1933, 1934, 100.0 100.0 100.0 100.0 100.0 1935, 1936, 1937, 1936. 1939. 100.0 100.0 100.0 100.0 100.0 1940. 1941. 1942. 1943. 1944. 100.0 100.0 100.0 100.0 100.0 BANKS FARM C R E D I T JANUARY 1 SYSTEM I JOINTSTOCK LAND LIFE | FARMERS INSURANCE| HOME COMPANIES| A D M I N I S I TRAT10N BANKS,. J TOTAL FEDERAL LAND BANKS .7 .6 .8 .5 .4 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 14.9 14.8 ***** 16.0 ***** ***** 15.4 14.4 0.6 ***** ***** ***** ***** ***** ***** 2.3 2.2 ***** ***** ***** ***** ***** 14.3 14.2 14.4 14.0 13.0 4.2 4.2 4.8 3 3 4 5 7 .5 .4 .0 .9 .5 ***** ***** ***** ***** ***** 0.7 3.7 16.8 9.3 10.3 ***** ***** ***** ***** ***** 4.5 5.6 6.5 6.9 6.7 19.6 20.9 ***** ***** ***** ***** 6.4 1 1 1 1 1 2 3 4 5 5 8.0 11.2 0.6 FEDERAL FARM MORTGAGE CORPORATION 12.1 12.1 11.6 11.2 16.6 10.7 18.9 12.1 10.4 19.1 19.2 19.1 19.2 22.7 12.5 12.7 13.0 13.5 16.4 37.5 41.9 44.1 44.3 43.9 25.7 28.5 30.0 30.6 30.6 42.7 41.6 40.3 38.6 35.1 30.5 30.1 29.5 10.8 10.6 10.0 26.9 8.0 10.1 10.3 10.5 9.2 6.6 6.6 6.8 7.2 7.7 8.1 8.4 8.4 8.0 8.3 13.8 15.9 17.6 11.1 11.7 28.8 0.9 6.1 10.7 11.8 11.8 11.4 9.1 ***** 0.0 0.1 0.6 0.8 2.0 12.1 12.0 12.2 12.7 12.7 13.4 14.6 14.8 14.6 14.3 11.5 11.8 13.4 14.4 I ***** ***** ***** ***** ***** 75 74 73 71 71 ***** ***** ***** ***** ***** 71.6 70.7 69.2 69.3 69.0 ***** ***** ***** ***** ***** 70 69 67 63 59 ***** 54.5 51.1 48.6 47.9 46.5 22.3 21.9 ***** ***** ***** ***** 22.0 22.2 ***** ***** 22.4 22.4 ***** ***** ***** 7 7 3 9 7 17.2 15.0 14.2 14.2 14.5 ***** ***** ***** ***** 1.4 14.9 15.7 16.7 17.5 18.3 0.5 6.6 6.1 5.6 5.4 3. 2. 2. 1. 1. 1.1 0.9 0.6 0.2 22.0 22.1 I !INDIVIDUALS | AND | OTHERS | 0.2 1.0 1.8 2.7 3.2 4 4 4 4 4 6 8 6 7 6 . . . . . 3 4 0 8 9 .0 .9 .4 •6 .0 .5 .5 .2 .9 .0 38.8 36.6 34.9 34.2 33.8 33.7 33.1 32.8 33.2 35.1 TABLE 121.4 OUTSTANDING FARM REAL E S T A T E D E B T , PERCENTAGE OF TOTAL COOPERATIVE TOTAL BANKS TOTAL FARM C R E D I T FEDERAL LAND BANKS FEDERAL FARM MORTGAGE 100,0 9.1 10.7 14.0 16.6 17.0 31.6 27.6 23.0 19.7 17.9 24.5 22.7 19.9 17.6 16.4 ***** ***** ***** 40.9 39.6 39.3 39.0 39.2 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 23.3 23.2 22.7 22.4 22.5 5.6 5.6 39. 1 38.9 38.5 38.4 38.3 ***** ***** ***** ***** ***** 22.7 22.7 22.2 ***** ***** ***** ***** ***** 22.9 23.5 24.5 25.3 26.4 22.9 23.5 24.5 25.3 26.4 ***** ***** ***** ***** ***** ***** ***** ***** ***** 8.0 ***** 19.6 18.5 17.3 15.8 14.5 29.0 31.2 32.6 29.0 31.2 32.6 ***** ***** ***** ***** ***** ***** 13.6 13.2 13.1 6.9 15.4 16.4 17.5 18.3 100.0 100.0 12.6 19.3 19.8 19.3 19.8 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100 .0 100.0 100.0 12.4 11.8 12.3 12.7 12.8 12.3 12.0 12.2 12.2 12.1 1 1 1 1 2.4 3.1 3.4 3.2 12.9 12.3 12.0 41 41 41 41 41 4.6 4.6 4.7 5.2 5.5 15.5 16.4 17.5 18.3 100.0 100.0 100.0 100.0 36.3 39.0 41.0 40.9 41.8 24.9 25.2 25.2 24.6 24.0 14.1 14.2 13.2 12.7 12.7 100.0 4.0 3.9 3.9 3.9 3.7 ***** ***** ***** ***** ***** 15.4 15.1 15.3 100.0 100.0 18.1 19.0 19.6 I 23.1 23.7 24.5 15.3 14.8 14.1 100.0 19.0 18.7 I INDIVIDUALS I AND I OTHERS | ***** ***** ***** 16.2 15.5 14.9 14.6 15.1 100.0 0. 1 0.1 0.0 0.0 0.0 I 3 4 4 4 4 17.3 100.0 1.5 I BANKS- FARMERS HOME ADMINISTRATION 21.0 22.1 16.2 16.7 2.1 JOINTSTOCK LAND LIFE I INSURANCE I COMPANIES| | 0.0 ***** 16.1 100.0 100.0 100.0 7.0 5.0 3.0 1 I SYSTEM CORPORATION 100.0 100.0 100.0 100.0 JANUARY 18.6 20.2 19.9 19.5 19.5 18.6 20.2 19.9 19.5 19.5 20.0 20.0 21.3 21.3 22.1 22.2 22.1 1.1 0.7 0.5 0.3 0.2 0.2 ***** 22.6 22.0 21.0 .6 .2 .4 .6 .6 6.8 7.0 7.0 6.8 7.1 7.2 7.3 7.5 7.8 8.1 7.9 7.3 6.6 6.5 38 37 36 36 37 3 3 3 3 3 . . . . . . . . . . 4 3 8 8 6 2 9 9 3 1 7.5 7.5 7.0 7.6 8.6 37.6 36.7 35.8 TABLE 121.5 OUTSTANDING P E R C E N T A G E OF FARM REAL E S T A T E D E B T , JANUARY 1 TOTAL FARM D E B T I N C L U D I N G CCC L O A N S COOPERATIVE YEAR TOTAL BANKS TOTAL FEDERAL LAND BANKS — 1940 1941 1942 1943 1944 1945 1946 1947 1946 1949 60.9 60.2 60.8 59.2 60.2 56.2 54.8 46.5 1950 1951 1952, 1953, 1954, 1955, 1956, 1957, 1958, 1959, 44.8 46.8 45.5 45.0 45.7 46.7 46.0 50.6 50.9 46.9 1960, 1961, 1962, 1963, 1964, 1965, 1966, 1967, 1966. 1969. 48.8 49.0 46.8 48.3 48.9 51.3 52.1 52.4 53.0 54.3 1970« 1971 a 1972. 1973. 1974. 1975. 1976. 1977. 55.0 55.7 54.5 54.7 55.6 56.6 56.2 55.1 65.6 62.0 5.3 5.2 5.1 4.6 5.1 5.4 6.4 20.0 18.7 6.1 9.1 7.9 10.8 8.3 7.5 7.6 6.9 7.7 7.6 7.0 6.6 6 .4 6.6 6.6 6.7 6 .4 6.0 6.1 6.1 5.6 6.0 6.2 6.6 6 .4 6.3 6.5 6 .6 6.7 6.9 7.1 7.3 7.4 7.3 6.9 6.6 6.8 16.0 17 16 14 13 .4 .4 .5 .6 9 7 5 4 0.7 7.3 7.3 0.5 0.3 0.0 ***** 6.8 10.0 10.4 11.2 11.7 12.1 12.1 12.6 12.6 13.1 13.3 13.6 14.7 16.4 17.6 13.1 13.3 13.8 14.7 16.4 17.6 18.0 . . . . 9.6 7.6 9.4 9.7 9.8 9.6 9.5 11.7 0 0 0 0 11.6 9.4 9.7 9.8 9.6 9.5 11.2 BANKS- 0.1 0.1 0.0 0.0 0.0 0.0 7.0 7.2 7.9 8.9 9.3 8.7 10.4 6.1 JOINTSTOCK LAND 5.5 4.8 4.2 3.0 1.7 6.7 6.9 7.2 7.9 8.9 9.3 8.7 10.0 FEDERAL FARM MORTGAGE 7.1 6.5 I SYSTEM CORPORATION 28.0 25.9 24.6 23.2 21.3 18.7 16.7 13.4 FARM C R E D I T 18.0 1.2 0.2 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 0.1 0.1 0.1 ***** LIFE | FARMERS INSURANCE| HOME COMPANIESf A D M I N I S I TRATION J 9.8 9.7 10.2 10.5 11.1 11.2 I 0.3 0.6 1.1 1.6 2.0 10.6 2.3 2.3 2.3 10.4 9.1 2.1 1.7 9.4 10.4 10.5 10.7 1.6 2.0 2.0 2.1 2.1 2.1 2.2 11.3 11.2 11.6 12.1 12.8 12.6 11.3 11.4 11.4 11.1 10.6 11.0 11.7 11.8 11.8 11.7 11.4 10.8 10.3 9.4 8.6 8.0 7.7 7.4 7.2 I |INDIVIDUALS | AND | OTHERS | 2.4 2.6 2.6 2.7 2.6 3.3 3.4 3.4 3.5 3.7 3.8 3.9 4.1 4 4 4 4 4 3 3 3 .3 .5 .4 .3 .1 .9 .7 .6 22.1 20.6 20.0 20.0 21.3 21.5 23.5 23.9 22.4 19.4 18.5 19.4 19.0 16.8 19.0 19.1 19.0 20.0 19.8 18.4 19.1 19.1 18.8 18.6 18.7 19.6 19.8 19.3 19.3 20.1 20.7 20.9 20.2 20.6 21.5 21.3 20.6 19.7 TABLE 121.6 OUTSTANDING PERCENTAGE OF FARM REAL E S T A T E D E B T , JANUARY 1 TOTAL FARM D E B T E X C L U D I N G CCC LOANS COOPERATIVE YEAR | TOTAL BANKS TOTAL I FEDERAL LAND BANKS JOINTSTOCK LAND BANKS FARMERS HOME ADMINIS- 1 1 TRATION 1 I 1.7 2.4 2.3 21.7 22.9 23.4 24.3 24.1 1.9 21.6 10.9 11.1 11.0 11.5 13.0 13.3 13.4 13.9 13.4 12.6 9.9 10.2 10.5 10.3 10.1 10.5 10.8 11.5 12.1 12.7 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 11.9 12.0 11.9 11.6 11.6 12.2 12.2 12.2 12.0 12.1 2.9 2.9 3.6 3.6 3.6 3.6 3.8 3.9 4.0 4.3 13.2 13.6 13.9 14.2 14.9 16.4 17.6 18.2 ***** ***** ***** ***** ***** ***** ***** ***** ***** 11.4 10.7 9.8 8.9 8.1 7.7 7.4 7.3 4.5 4 .6 4 .6 4.5 4.1 3.9 3.7 3.6 21.0 19.9 19.1 18.8 17.5 15.8 14.1 11.7 9.7 8.5 195 0 I 1 9 5 1 . . . . . I 195 2 I 195 3 1 195 4 I 195 5 1 195 6 I 195 7 I 195 8 I 195 9 I I 196 0 1 196 1 1 196 2 1 196 3 I 196 4 I 196 5 I 196 6 I 196 7 I 196 8 I 1969 1 52.0 49.9 47.4 48.5 53.2 53.4 53.3 55.2 54.1 52.4 8.7 8.1 7.2 7.2 7.5 7.5 7.5 7.3 6.9 6.6 9.0 8.1 7.3 7.3 8.2 8.3 8.7 9.7 9.9 9.8 8.4 7.7 7.1 7.2 8.0 8.2 8.7 9.7 9.9 9.8 51.2 51.7 52.3 51.7 51.8 53.6 54.0 53.8 54.7 57.3 6.5 6.4 6.2 6.4 6.6 6.9 6.6 *6.5 6.7 7.0 9.9 10.2 10.5 10.3 10.1 10.5 10.8 11.5 12.1 12.7 58.0 57.7 56.7 56.3 56.2 56.8 56.4 55.7 7.0 7.2 7.4 7.5 7.4 7.3 7.0 6.7 13.2 13.6 13.9 14.2 14.9 16.4 17.6 18.2 7.4 7.0 6.4 6.0 5.2 4.5 3.1 l.d 1.2 0.8 ***** ***** ***** ***** ***** ***** ***** I I 23.2 21.9 0.0 ***** ***** ***** ***** ***** ***** ***** ***** ***** 29.4 27.6 26.1 25.2 22.8 20.4 17.3 13.5 10.9 9.3 I |INDIVIDUALS I AND | OTHERS 0.3 0.7 0.5 0.4 0.2 0.2 0.1 0.1 ***** ***** ***** ***** 5.6 5.5 5.4 5.2 5.4 5.9 6.6 8.2 9.2 8.8 FEDERAL FARM MORTGAGE CORPORATION LIFE I INSURANCE I 1 COMPANIESI 10.3 10.3 10.8 11.4 11.9 12.2 11.7 10.6 10.5 10.1 68.7 66.0 64.7 65.3 65.1 64.5 62.4 58.7 55.3 51.8 I SYSTEM 1.0 0.7 0.6 0.4 0.1 0.1 0.0 0.0 0.0 0.0 194 0 I 194 1 j 194 2 1 1 9 4 3 . . . . . I 194 4 1 194 5 1 194 6 I 1 9 4 7 . . . . . I 194 8 1 194 9 I 1 9 7 0 . . . . • I 197 1 I 197 2 I 1 9 7 3 . . . . . I 1 9 7 4 . . . . . I 197 5 1 197 6 I 197 7 1 FARM C R E D I T 1.2 2.1 2.6 2.2 1.9 2.1 2.1 21.2 22.6 21.5 20.6 2.2 19.8 20.3 2.4 2.4 2.4 21.1 2.6 22.1 21.9 21.7 2.8 21.1 2.9 20.5 20.0 20.1 20.1 19.9 19.8 20.5 20.5 19.9 19.9 21.3 21.8 21.6 21.0 21.1 21.7 21.4 20.7 19.9 TABLE 131.1 OUTSTANDING FARM N O N - R E A L - E S T A T E D E B T , JANUARY 1 AMOUNTS I N M I L L I O N S OF DOLLARS I I L | YEAR I I I L I 1940.....| 194 1 | 1 9 42 | 1 9 43 | 1 9 44 | 194 5 | 194 6 | 194 7 | 194 8 | 1 9 49 | DEBT I N C L U D I N G CCC LOANS COOPERATIVE TOTAL 196 0 196 1 1 9 62 196 3 1 9 64 196 5 196 6 196 7 196 8 196 9 197 0 197 1 1 9 7 2 . . . . . 197 3 197 4 197 5 197 6 1977..... | | | | | | | | I | | | | | | | | J__ TOTAL 445. 629. 3004. 33 4 7 . 3483. 3172. FARM C R E D I T BANKS TOTAL 773. 589. 683. 277. 65. 84. 1152. 6875. 6938. 7982. 8859. 9194. 9416. 9781. 9522. 10029. 12558. 172 1. 812. 588. 1184. 2390. 2219. 1870. 1563. 1215. 2473. 12693. 13359. 14567. 16219. 17583. 17909. 19471. 20950. 22254. 23058. 1165. 1390. 23843. 24138. 26906. 29587. 32884. 35544. 39763. 46073. 610. 2888. 2720. 2868. 3451. 4090. 4930. 5154. 900. 984. 1073. 924. 936. 949. 1034. 1289. 1593. 1946. SYSTEM | .1 PRODUCTION FEDERAL | CREDIT INTERMEOI-I ASSOCIAATE C R E D I T } 12Sm I | | CCC LOANS 3449. 3977. 4093. 3945. 3477. 3402. 3145. 3516. 4174. 6082. I 1950.....| 1951 | 1952.....| 195 3 | 195 4 | 195 5 | 195 6 | 195 7 | 195 8 | 195 9 | DEBT EXCLUDING CCC LOANS 186. 203. 223. 221. 231. 218. 221. 262. 327. 423. BANKS I FARMERS HOME ADMINISTRATION I I INDIVIDUALS | AND | OTHERS | | 153. 171. 186. 183. 19 7 . 188. 195. 230. 289. 367. 32. 32. 37. 38. 34. 30. 26. 32. 38. 56. 418. 461. 487. 527. 522. 453. 413. 400. 371. 342. 1500. 1700. 1700. 1500. 1200. 1100. 1200. 1500. 1800. 2220. 51. 62. 78. 83. 64 . 58. 62. 60. 67. 84. 347. 329. 304. 338. 376. 417. 406. 431. 436. 406. 2320. 2760. 3330. 3460. 3060. 3210. 3490. 3490. 3820. 4320. 7393. 7675. 6804. 7196. 7910. 7960. 6814. 10085. 2049. 2524. 3120. 3195. 2763. 2934. 3308. 3280. 3605. 4161. 605. 635. 706. 759. 953. 1198. 387. 451. 561. 599. 542. 577. 644. 699. 886. 1115. 11528. 11969. 12701. 14164. 15657. 16366. 18062. 19794. 20834. 20387. 4819. 4991. 5316. 5979. 6652. 6990. 7677. 8533. 9272. 9720. 1451. 1568. 1739. 1949. 2231. 2402. 2718. 3173. 3694. 4006. 1361. 1480. 1640. 1839. 2105. 2278. 2579. 3016. 3518. 3826. 90. 88. 99. 110. 126. 125. 140. 157. 176. 180. 398. 420. 496. 556. 594. 644. 717. 737. 798. 822. 4860. 4990. 5150. 5680. 6180. 6330. 6950. 7350. 7070. 5840. 2676. 1876. 21168. 2262. 24644. 27794. 32134. 35226. 39406. 45061. 10330. 11102. 12496. 14315. 17167. 18238. 4713. 5515. 6315. 6859. 4495. 5295. 6078. 6607. 7829. 9519. 10773. 12233. 218. 220. 237. 251. 331. 374. 350. 368. 785. 795. 771. 780. 877. 1044. 1772. 1877. 5340. 4850. 5060. 5840. 5930. 6050. 6350. 7300. 1866. 2055. 1926. 1543. 1406. 1157. 142 0 . 2671. 1793. 750. 319. 358. 1012. 6126. 22262. 20160. 23283. 438. 513. 639. 682. 8160. 9893. 11124. 12601. TABLE 131.2 OUTSTANDING FARM N O N - R E A L - E S T A T E DEBT CHANGE DURING YEAR IN M I L L I O N S OF DOLLARS DEBT DEBT I N C L U D I N G CCC LOANS TOTAL CCC LOANS EXCLUDING CCC LOANS COOPERATIVE FARM C R E D I T SYSTEM TOTAL BANKS TOTAL 116. -148. -468. -75. -257. 371. 658. 1908. 793. 63. 1044. 877. 335. 222. 365. -258. 506. 2529. 135. 666. 1208. 1652. 1364. 326. 1561. 1479. 1304. 804. 785. 294. 2769. 2661. 3297. 2660. 4219. 6309. 184. -19. 163. -163. 94. -406. -212. 19. 1068. 569. -910. -22 3. 596. 1206. 343. 136. -311. -2*4. -168. 149. 583. 639. 840. 223. 972. 1267. 282. 84. 89. -149. 12. 13. 85. 255. 304. 353. 103. 475. 596. 75. -432. 171. 375. -29. 325. 555. 659. 17. 20. -2. 10. -12. 3. 40. 65. 96. 16. BANKS _1_ 0. 5. 42. 26. 200. 0. -200. 0. 41. -3. 5. 6. -69. -39. -13. -30. 21. —5 . 4. 100. -17. -25. 34. 38. 42. 440. 570. 130. -400. 150. 6. 35. 59. 78. 18. —1>. -28. -300. -100. 100. 300. 300. 420. 111. 63. 11. 16. 43. -77. 30. 71. 53. 194. 245. 252. 38. -58. 35. 67. 55. 1*7. 229. 247. 5. 19. -5. 4. -12. 7. 17. 25. 5. -30. -8. 330. 500. 540. 119. -1. 22. 130. 74. -171. -349. -308. -348. 1259. -1308. 225. 476. 189. -12 9. -38 3. -135. -25 2. 263. 1251. 5. 442. 732. 1463. 1493. 709. 1696. 1731. 1041. -447. 780. 172. 324. 664 . 673. 338. 687. 857. 738. 448. 117. 171. 210. 283. 171. 316. 454. 522. 312. 707. -800. 1094. 2383. 3150. 4340. 3092. 4180. 5655. 772. 1397. 1817. 2852. 1071. 1922. 3123. 802. 386. -469. -1043. -43 2. 39. 654. 17. 15. - 3 . 14. —8 . |INDIVIDUALS | AND | OTHERS I 126. -871. 393. 714. 49. 854. 1271. 1443. 610. I FARMERS HOME PRODUCTION FEDERAL | CREDIT INTERMED1-I ADMIN1SASSOCIA— ATE C R E D I T 1 TRAT10N TlONi 528. I | 800. 544. 1302. 1733. 1230. 1477. 160. 199. 267. 172. 301. 437. 502. 308. 669. 800. 783. 530. -2. 6. 10. 11. 16. -1. 15. 17. 19. 4. 38. 2. 17. 14. 1221. 80. 1691. 1254. 1460. 42. -24. 18. 77. 60. 38. 50. 73. 2*0. 0. 160. 530. 500. 150. 620. 20. 61. -280. 24. -37. -1230. -500. 10. -490. -24. 10. 97. 167. 728. 105. 400. 210. 780. 90. 120. 300. 950. TABLE 20 131.3 OUTSTANDING FARM N O N - R E A L - E S T A T E DEBT PERCENTAGE CHANGE DURING YEAR DEBT I N C L U D I N G CCC LOANS I I I TOTAL CCC LOANS TOTAL BANKS TOTAL 15.3 2.9 —3.6 -11.9 -2.2 -7.6 11.8 16.7 45.7 13.0 41.4 -3.1 26.6 -23.7 15.9 -59.4 —76 . 6 28.6 1276.6 49.4 11.4 4.0 -8.9 -9.0 -5.6 5.5 20.3 18.5 20.5 4.5 9.3 9.1 -13.9 1.2 1.4 9.0 24.7 23.6 22.2 5.3 9.3 9.6 -1.1 4.5 -5.4 1.5 18.3 24.9 29.2 3.7 . 1 .1 .1 . 1 . 1 . 1 .1 .1 .1 .1 I 0.9 15.0 11.0 3.8 2.4 3.9 -2.6 5.3 25.2 1.1 -52 .8 -27.5 101.3 101.9 -7.1 -15.7 -16 .4 -22.3 103.6 -52 .9 18.9 20.7 3.8 -11.4 5.8 9.9 0.6 10.7 14.4 14.3 23.2 23.6 2.4 -13.5 6.2 12.8 -0.9 9.9 15.4 15.8 17.0 24.7 6.7 -11.3 4.9 11.2 7.5 25.5 25.7 21.1 . 1 . 1 .1 . 1 . 1 . 1 , 1 . 1 . , »! .,. 1 | 5.2 9.0 11.3 8.4 1.9 8.7 7.6 6.2 3.6 3.4 19.3 34.2 10.1 -6 .3 -19.9 -8.7 -17 .9 22.8 88.1 0.2 3.8 6.1 11.5 10.5 4.5 10.4 9.6 5.3 -2.1 3.8 3.6 6.5 12.5 11.2 5.1 9.8 11.2 8.7 4.8 6.3 8.1 10.9 12.1 14.5 7.7 13.2 16.7 16.4 8.4 17.6 . 1 >! >1 , 1 .1 1 1 1.2 11.5 10.0 11.1 6.1 11.9 15.9 -29.9 20.6 -20.7 -58.2 -57.6 12.3 162.8 5.2 10.7 12.8 15.6 9.6 11.9 14 c 4 7.5 12.6 14.5 19.9 6.2 10.5 15.5 17.0 14.5 8.6 19.0 21.2 12.4 13.3 1950.... 1951.... 1952.... 1953.... 1954.... 1955.... 1956.... 1957.... 1958.... 1959.... FARM CREDIT ., . ., ., ., ., ., SYSTEM | .1 PRODUCTION FEDERAL | CREDIT INTERMEDIN ASSOCIAATE C R E D I T | HONS 1 .1 .1 • 1 .1 . 1 • 1 .1 . 1 .1 .1 | 1940.... 1941.... 1942.... 1943.... 1944.... 1945.... 1946.... 1947.... 1948.... 1949.... 1970 1971 1972 1973 1974 1975 1976 COOPERATIVE I YEAR I960... 1961... 1962... 1963... 1964... 1965... 1966... 1967 1968... 1969... DEBT EXCLUDING CCC LOANS 11.3 6.7 —1.6 7.7 -4.2 3.4 18.1 25.7 26.9 5.6 16.3 24.6 6.6 -9.6 6.5 11.7 6.5 26.7 25.6 22.1 8.7 10.8 12.1 14.5 8.2 13.2 16.9 16.7 8.6 17.5 17.8 14.6 8.7 18.5 21.6 13.2 13.5 BANKS FARMERS HOME ADMINISTRATION I I IINDIVIDUALS | AND | OTHERS | I 0.2 15.5 1.3 -10.5 -12.1 -11.1 19.7 19.6 47.0 -8.8 10.1 5.7 8.3 -1.1 -13.3 -8.7 -3.2 -7.4 -7.7 1.3 13.3 0.0 -11.8 -20.0 -8.3 9.1 25.0 20.0 23.3 4.5 22.1 25.4 6.5 -23.4 -8.3 6.2 -3.1 12.0 24.6 7.0 -5.0 -7.7 11.1 11.2 11.1 -2.8 6.2 1.2 —6.9 -2.0 19.0 20.7 3.9 -11.6 4.9 8.7 0.0 9.5 13.1 12.5 -1.3 11.7 11.0 14.6 —0.8 11.9 12.5 12.4 2.1 20.9 5.5 16.3 12.1 6.8 8.4 11.4 2.9 8.2 3.0 -4.5 2.7 3.2 10.3 8.8 2.4 9.8 5.8 -3.8 —17 . 4 —8.6 1.0 7.7 6.0 31.9 12.8 —6 . 3 5.0 1.2 -3.0 1.2 12.4 19.1 69.7 5.9 -9.2 4.3 15.4 1.5 2.0 5.0 15.0 TABLE 131.4 OUTSTANDING FARM N O N - R E A L - E S T A T E D E B T , JANUARY 1 PERCENTAGE OF TOTAL CINCLUDING CCC LOANS) I I DEBT EXCLUDING CCC LOANS DEBT INCLUDING CCC LOANS YEAR I I I I i .. I 1940 I 1941.....I 1942 I 1943.....I 1 9 44 I 194 5 I 194 6 I 1947«....I 19<t6 I 1949.*... I CCC LOANS TOTAL COOPERATIVE TOTAL BANKS QTAL 23.4 26,9 27.9 32.9 36.7 38.2 32.0 5.6 75.0 88.3 92.6 86.6 74.0 76.4 *0.9 83.6 87.9 80.3 29.8 36.4 39.1 36.1 30.0 31.2 33.8 34.4 35.9 33.1 6.4 7.4 8.0 7.7 6.6 6.7 7*2 8.0 9.5 9.5 5.6 6.5 7.0 6.8 5.9 6.1 6.6 7.3 8.8 8.9 0.7 0.9 1.0 0.9 0.7 0.6 0.6 0.6 0.7 0.7 5.0 4.7 3.8 3.8 4.1 4.4 4.1 4.5 4.3 3.2 33.7 39.8 41.7 39.1 33.3 34.1 35.7 36.7 38.1 34.4 9.2 10.4 12.8 12.7 11.0 8.6 7*2 5.5 6.4 11.6 90 a8 89.6 87.2 87.3 8 9 eO 91.4 92.8 94.5 93.6 88.4 38.0 37.4 36.5 36.9 37*6 39 0 39.4 40.7 41.7 42.2 11.4 11.7 11.9 12.0 12.7 13.4 14.0 15.1 16.6 17.4 10.7 11.1 11.3 11.3 12.0 12.7 13.2 14.4 15.8 16.6 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.7 0.8 0.8 3.1 3.1 3.4 3.4 3.4 3.6 3.7 3.5 3.., 3 .6 38.3 37.4 35.4 35.0 35.1 35.3 35.7 35.1 31.8 25.3 11.2 7.8 8.4 6.1 2.3 0.9 0.9 2.2 88.8 92.2 91.6 93.9 97.7 99.1 99 e l 97.8 43.3 46.0 46.5 48.4 52.2 51.3 50.7 50.5 19.8 22.8 23.5 23.2 24.8 27.8 28*0 27.4 18.9 21.9 22.6 22.3 23.8 26.8 27.1 26.6 0.9 0.9 0.9 0.8 1.0 1.1 0.9 0.8 3.3 3.3 2.9 22.4 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 25.0 11.7 7.4 13.4 26.0 23.6 19.1 16.4 12.1 19.7 I960•r.e.| 196 1 I 196 2 I 196 3 i 1 9 64 I 196 5 I 1 9 66 I 196 7 1 1968 e e e • • I 1969.....I 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 197 0 1 197 1 I 197 2 I 1 9 7 3 . *- • * I 1 9 7 % . » • » oI 1975.....I 1976*....I 1977 I 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 L 43.5 42.7 41.5 38.0 34.5 32.3 38.2 42.7 43.1 36.5 195 0 I 195 1 I 1 9 5 2 . . I 195 3 I 195 4 I 1955.....I 1956.....I 195 7 I 195 8 I 195 9 I i 1INDIVIDUALS AND I I OTHERS | 12.1 26.1 1 TRATION I 0.9 0.8 0.9 1.0 1.0 0.9 0.8 0.9 0.9 0.9 87.1 84.2 85.1 80.4 83.1 79.9 91.2 98.2 98.0 81.1 ' "PRODUCTION FEDERAL INTERMEDIN CREDIT ATE C R E D I T | ASSOCIATIONS BANKS 1 FARMERS HOME 4.4 4.3 4.5 4.6 5.7 5.5 6.2 6.5 6.9 6.0 12.9 15.8 14.9 19.6 16.9 20.1 8.8 1.8 z.C 16.9 I | 5.4 5.1 5.4 5.6 6.6 6.4 7.0 7.4 7.8 6.9 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 I FARM CREDIT SYSTEM 24.7 26.2 11.6 11.9 13.4 15.0 13.3 13.1 11.4 fa.9 2.6 2.7 2.9 4.5 4.1 20.1 18.8 19.7 18.0 17.0 16.0 15.a 21 TABLE 22 131.5 OUTSTANDING FARM N O N - R E A L - E S T A T E D E B T , JANUARY PERCENTAGE OF TOTAL (EXCLUDING CCC LOANS) COOPERATIVE FARM CREDIT SYSTEM YEAR TOTAL TOTAL 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950 1951 1952 1953 1954. 1955 1956 1957, 1958, 1959, 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 | J BANKS 1 PRODUCTION FEDERAL | CREDIT INTERMEDI-I ASS0C1AATE C R E D I T | LLQttS BANKS 1 FARMERS HOME ADMINIS— TRATION I (INDIVIDUALS | AND | OTHERS | | 30.0 29.4 30.8 29.1 32.4 34.9 36.0 37.4 38.9 39.5 6.2 6.1 6.4 7.0 8.0 8.0 7.7 7.6 8.0 8.6 5.1 5.1 5.3 5.8 6.8 6.9 6.8 6.7 7.1 7.4 1.1 1.0 1.1 1.2 1.2 1.1 0.9 0.9 0.9 1.1 13.9 13.8 14.0 16.6 18.1 16.6 14.4 11.6 9.1 6.9 49.9 50.8 48.8 47.3 41.6 40.4 41.8 43.5 44.0 45.0 39.8 41.2 42.2 41.6 40.6 40.8 41.6 41.2 40.9 41.3 8.5 8.4 8.6 8.9 8.9 8.8 8.9 9.5 10.8 11.9 7.5 7.4 7.6 7.3 8.0 8.0 8.1 8.8 10.1 11.1 1.0 1.0 1.1 1.1 0.9 0.8 0.8 0.8 0.8 0.6 6.7 5.4 4. 1 4.4 5.5 5.8 5*1 5.4 4.9 4.0 45.0 45.1 45.0 45.1 45.0 44.6 44.1 43.8 43.3 42.8 1960, 1961, 1962, 1963 < 1964, 1965, 1966, 1967, 1966. 1969. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 41.8 41.7 41.9 42.2 42.5 42 .7 42.5 43.1 44.5 47.7 12.6 13.1 13.7 13.8 14.3 14.7 15.1 16.0 17.7 19,6 11.8 12.4 12.9 13.0 13.4 13.9 14.3 15.2 16.9 18.8 0.8 0.7 0.8 0.8 0.8 0.8 0.6 0.6 0.8 0.9 3.4 3.5 3.9 3.9 3.6 3.9 4.0 3.7 3.8 4.0 42.2 41.7 40.5 40.1 39.5 38.7 38.5 37.1 33.9 26.6 1970. 1971. 1972. 1973. 1974. 1975. 1976. 1977. 100.0 100.0 100.0 100.0 100.0 100.0 48.8 49.9 50.7 51.5 53.4 51.8 51.2 51.7 22.3 24.8 25.6 24.7 25.4 28.1 26.2 28.0 21.2 23.8 24.7 23.8 24.4 27.0 27.3 27.1 1.0 1.0 1.0 0.9 1.0 1.1 0.9 0.8 3.7 3.6 3.1 2.8 2.7 3.0 4.5 4.2 25.2 21.8 20.5 21.0 16.5 17.2 16.1 16.2 100.0 100.0 100.0 TABLE 131.6 OUTSTANDING FARM NON-REAL—ESTATE DEBT» JANUARY 1 PERCENTAGE OF TOTAL FARM DEBT INCLUDING CCC LOANS DEBT DEBT I N C L U D I N G CCC LOANS YEAR EXCLUDING CCC LOANS 1 COOPERATIVE FARM CREDIT SYSTEM | FARMERS 1 1 HOME FEDERAL | PRODUCTION 1 INTERMEDI—| A D M I N I S CREDIT | TOTAL TRATION ATE C R E D I T | ASSOCIA1 BANKS 1 TIONS 1 I |INDIVIDUALS | AND | OTHERS 1 1 TOTAL CCC LOANS TOTAL BANKS 1940. 1941. 1942. 1943. 1944. 1945. 1946. 1947. 1948. 1949. 34.4 38.0 39.1 39.8 39.2 40.8 39.8 41.8 45.2 53.5 4.4 29.9 32.0 33.3 32.0 32.5 32.6 36.3 41.0 44.3 43.4 9.0 9.4 10.3 9.3 10.5 11.4 13.1 15.3 17.2 17.1 1.9 1.9 2.1 2.2 2.6 2.6 2.8 3.1 3.5 3.7 1.5 1.6 1.8 1.8 2.2 2.3 2.5 2.7 3.1 3.2 0.3 0.3 0.4 0.4 0.4 0.4 0.3 0.4 0.4 0.5 4.2 4.4 4 .6 5.3 5.9 5.4 5.2 4.8 4.0 3.0 14.9 16.2 16.2 15.1 13.5 13.2 15.2 17.8 19.5 19.5 1950. 1951. 1952. 1953. 1954. 1955. 1956. 1957. 1958. 1959. 55.2 53.2 54.5 55.0 54.3 53.3 52.0 49.2 49.1 53.1 13.8 41.4 46.9 50.5 47.7 40.2 40.7 42.1 41.1 43.2 42.6 16.5 19.3 21.3 19.8 16.3 16.6 17.6 17.0 17.7 17.6 3.5 3.9 4.4 4.2 3.6 3.6 3.8 3.9 4.7 5.1 3.1 3.5 3.6 3.7 3.2 3.3 3.4 3.6 4.3 4.7 0.4 0.5 0.5 0.5 0.4 0.3 0.3 0.3 0.3 0.4 2.8 2.5 2.1 2.1 2.2 2.4 2.2 2.2 2.1 1.7 18.6 21.1 22.7 21.5 18.1 18.2 18.6 18.0 18.7 18.3 1960. 1961. 1962. 1963. 1964. 1965. 1966. 1967. 1968. 1969. 51.2 51.0 51.2 51.7 51.1 48.7 47.9 47.6 47.0 45 .7 4.7 5.3 46.5 45.7 44.6 45.1 45.5 44.5 44.4 5.9 6.0 6.1 6.2 6.5 6.5 6.7 7.2 7.8 7.9 5.5 5.7 5.8 5.9 6.1 6.2 6.3 6.8 7.4 7.6 0.4 0.3 0.3 0.3 0.4 0.3 0.3 0.4 0.4 0.4 1.6 1.6 1.7 1.8 1.7 1.7 1.8 1.7 1.7 1.6 19.6 19.1 18.1 18.1 18.0 17.2 17.1 16.7 14.9 11.6 1970. 1971. 1972. 1973. 1974. 1975. 1976. 1977. 45.0 44.3 45.5 45.3 44.4 43.4 43.8 44.9 8.9 10.1 10.7 10.5 11.0 12.1 12.2 12.3 8.5 9.7 10.3 10.1 10.6 11.6 11.9 11.9 0.4 0.4 0.4 0.4 0.4 0.5 0.4 0.4 1.5 1.5 1.3 1.2 1.2 1.3 2.0 1.8 10.1 8.9 8.6 8.9 8.0 7.4 7.0 7.1 5.8 7.8 6 .6 8 .2 3.5 0.8 0.9 10.1 6.2 4.0 7.4 14.1 12 .6 10.0 8.1 6.0 10.5 3.0 5.3 44.0 40.4 19.5 19.1 18.7 19.1 19.3 19.0 18.9 19.4 19.6 19.3 5.0 3.4 3.8 2.7 39.9 40.9 41.7 42.5 43.3 43.0 43.4 43.9 19.5 20.4 21.1 21.9 23.2 22.3 22.2 22.7 6.6 6.5 5.6 4.2 3.5 1.0 0.4 0.4 1.0 o 2 .6 5 6.0 TABLE 24 131.7 OUTSTANDING FARM NON-REAL—EST ATE D E B T , JANUARY 1 EXCLUDING CCC LOANS PERCENTAGE OF TOTAL FARM DEBT EXCLUDING CCC LOANS YEAR i i | 1 t 1 1 | | | 1940 1941 1942 1943..,..| 1944 | 1945 | }946.. . . .| 1948 1949, | j 1950 j 1951 1952*.. J 1953 | 1 9 5 4 . . . . . | 1955.,,„.| 1956.*,..1 1957 | 1958 | 1959,....i | 196/f * 1962 i 1963 | 1 9 6 4 . . . . . | 1965 | 1966....,| 1967 | 1968 | 1969 | j 1970 | 1971 | 1972 | 1973..... j 1974 | 1975 | 1976 | 1977 | 1 1 COOPERATIVE TOTAL » 1 BANKS 1 1 1 1 TOTAL FARM C R E D I T SYSTEM | FARMERS 1 PRODUCTION FEDERAL | HOME CREDIT INTERMEDI-i ADMINISASSOCIAATE C R E D I T I TRATION TIONS BANKS 1 1 I INDIVIDUALS 1 AND 1 OTHERS 1 I 31.3 34.0 35.3 34.7 34.9 35.5 37.6 41.3 44.7 48.2 9.4 10.0 10.9 10.1 11.3 12.4 13.6 15 .4 17.4 19.0 1.9 2.1 2.3 2.4 2.8 2.8 2.9 3.1 3.6 4.1 1.6 1.7 1.9 2.0 2.4 2.5 2.6 2.8 3.2 3.6 0.3 0.3 0.4 0.4 0.4 0.4 0.3 0.4 0.4 0.5 4.4 4.7 4.9 5.8 6.3 5.9 5.4 4.8 4.0 3.3 15.6 17.3 17.2 16.4 14.5 14.4 15.7 18.0 19.7 21.7 46.0 50.1 52.6 51.5 46.8 46.6 46.7 44.8 45.9 u 'i *o- 19.1 20.6 2 2 *2 21.4 19.0 19.0 19.6 18.4 18.6 19.6 4.1 4*2 4.5 4.6 4.2 4.1 4.2 4.3 5.0 5.7 3.6 3.7 4.0 4.0 3m7 3.7 3.8 3.9 4.6 5.3 0.5 0.5 0.6 0.6 0.4 0.4 0.4 0.3 0.4 0.4 3.2 2.7 2.2 2.3 2.6 2.7 2.4 2.4 2.3 1.9 21.6 22.6 23.7 23.2 21.0 20.8 20.6 19.6 19.9 20.4 48.8 48.3 47.7 48.3 48.2 46.4 46.0 46.2 45.3 42.7 20.4 20.1 20.0 20.4 20.5 19.8 19.6 19.9 20.2 20.3 6.: 6.3 6.5 6.6 6.9 6.8 6.9 7.4 8.0 8.4 3.8 6.0 6.2 6.3 6.5 6.5 6.6 7.0 7.7 8.0 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 0.4 1.7 1.7 1.9 1.9 1.8 1.8 1.8 1.7 1.7 1.7 20.6 20.1 19.4 19.4 19.0 18.0 17.7 17.1 15.4 12.2 42.0 42.3 43.3 43.7 43.8 43.2 43.6 44.3 20.5 21 .1 22.0 22.5 23.4 22.4 22.3 22.9 9.4 10.5 11.1 10.8 11.1 12.1 12.3 12.4 8.9 10.1 10.7 10.4 10.7 11.7 11.9 12.0 0.4 0.4 0.4 0.4 0.5 0.5 0.4 0.4 1.6 1.5 1.4 1.2 1.2 1.3 2.0 1.8 10.6 9.2 8.9 9.2 8.1 7.4 7.0 7.2 AGRICULTURAL 200 FINANCE FARM LENDING O P E R A T I O N S 201.1A 210 SUMMARY OF PRODUCTION C R E D I T 211.1A 212.1A 213.1A 220 FEDERAL LAND BANKS LIFE PERCENTAGE CHANGES I N ASSOCIATIONS FARM LENDING O P E R A T I O N S (AGRICULTURAL L O A N S , (AGRICULTURAL L O A N S ) , EXCEPT AS NOTED) 1960-DATE 1964-DATE 26 (EXCEPT II 28 . . . . . V AS N O T E D ) LOANS OUTSTANDING LOANS CLOSED LOANS C L O S E D , 1 9 7 0 - D A T E , AND NEW MONEY LOANED R E F I N A N C I N G , 1 9 7 0 - D A T E , AND REPAYMENTS, 1 9 6 5 - D A T E it 32 33 INSURANCE COMPANIES 231.1A 232.1A 233.1A SOURCE: 1977 AND E X P E R I E N C E OF NONBANK I N S T I T U T I O N S LOANS O U T S T A N D I N G , 1 9 5 9 - D A T E LOANS MADE, 1 9 5 9 - O A T E , AND NEW L O A N S , RENEWALS AND C O L L E C T I O N S , 1 9 6 0 - D A T E 221.1A 2 2 2 . 1A 223.1A 224.1A 230 NOVEMBER DATABOOK—ANNUAL S E R I E S FARM MORTGAGES O U T S T A N D I N G , FARM MORTGAGE A C Q U I S I T I O N S , FARM MORTGAGE D I S P O S I T I O N S , 1952-DATE 1953-DATE 1953-DATE "PRODUCTION C R E D I T A S S O C I A T I O N S — S E L E C T E D MONTHLY LOAN DATA" AND "FEDERAL LAND BANKS—SUMMARY OF SELECTED MONTHLY LOAN D A T A , TECHNICAL S E R V I C E S D I V I S I O N , FARM C R E D I T A D M I N I S T R A T I O N ; "MONTHLY S T A T I S T I C A L REPORT" AND "GROSS FLOW OF MORTGAGE LOANS I N THE U N I T E D S T A T E S , " AMERICAN COUNCIL OF L I F E I N S U R A N C E . DATA I N T H I S S E C T I O N ARE D E R I V E D QUARTERLY B A S I S ARE P R E S E N T E D I N DATABOOK. I F ONLY Y E A R - E N D DATA USE THE S E R I E S I N S E C T I O N 1 0 0 OF FROM MONTHLY R E P O R T S . S I M I L A R DATA ON A S E C T I O N 2 0 0 OF THE "QUARTERLY S E R I E S " ON OUTSTANDING LOAN VOLUME ARE R E Q U I R E D , T H I S VOLUME. FOR PRODUCTION C R E D I T A S S O C I A T I O N S , DATA ON LOANS OUTSTANDING AND LOANS MADE DO NOT INCLUDE RURAL HOME L O A N S , FARM-RELATED B U S I N E S S L O A N S , OR AQUATIC AT PRODUCTION C R E D I T A S S O C I A T I O N S AS OF DECEMBER 1976. FOR A B R I E F D I S C U S S I O N OF THE ANALYTICAL VALUE OF THESE D A T A , S E E THE S E C T I O N E N T I T L E D " L E N D I N G E X P E R I E N C E OF NONBANK I N S T I T U T I O N S " IN "OVERALL MEASURES OF F I N A N C I A L P E R F O R M A N C E , " BY EMANUEL MELICHAR, A G R I C U L T U R A L F I N A N C E REVIEW * FEBRUARY 1 9 7 7 , P P . 9 2 - 9 5 . TABLE 26 201.1A SUMMARY OF PRODUCTION C R E D I T YEAR ANNUAL PERCENTAGE AMQUtil L_ IN ASSOCIATIONS L__J FARM L E N D I N G O P E R A T I O N S FEDERAL I CHANGE | CHANGE FROM P R E V I O U S YEAR I DURING YEAR| I IN | L O A N S ! NEW | I IOUTSTANDINGIMADE |LOANS|RENEWALS|COLLECTIONS J CHANGES I CHANGE | DURING YEAR| CHANGE AND EXPERIENCE LAND BANKS FROM PREVIOUS LIFE INSURANCE COMPANIES* YEAR CHANGE | CHANGE FROM D U R I N G Y E A R | P R E V I O U S YEAR IN I LOANS I NEW | REFINANCING! IN I. O U T S T A N D I N G ! C L O S E D ! M O N E Y | 0 F F E D . LAND 1 R E P A Y M E N T S O U T S T A N D I N G I A C Q U I - I O I S P O AMOUNT L [ L O A N E D ! BANK LOANS I AMOUNT ISITIflNSKTTTnMS 1953. 1954. **** **** **** **** **** **** **** **** **** **** **** **** **•* **** **** **** **** **** 11. 9. 0. -1. 0. 4. 1955 • • • I 1956 1957 1958 1959 • • * | **** **** **** **** **** **** **** *•** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** I 1 9 6 0 •. • I 1961. 1962. 1963. 1964. ..I **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** ***• **** **** **** 11. 9. 5. 3. 6. 24. -0. -21. 7. 15. 23. 3. -5. 22. -3. 9. 11. 12. 14. 8. 4. 10. 12. 10. 4. **** **** **** 10. 12. 9. 1. 11. 12. 14. 12. 8 . 11. 7. 6. **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** 6. 6. 7. 12. 14. -7. 19. 12. 40. 21. -10. 19. 6. 22. 13. 13. 17. 17. 9. 17. 12. 16. 13. 12. 17. 13. 18. 10. 7. 20. 8. 12. 19. 22. 11. 9. 15. 9. 14. 11. 15. 16. 13. 9. 10. **** **** **** **** 25. 14. -1. -10. 9. **** **** **** **** **** 3. 3. 11. 3. 12. 9. 6. 4. -1. 10. -13. —16. —8 . -30. 18. -8. -12. 6. 6. 18. 15. 8. 18. 21. 17. 14. 11. 25. 10. 16. 12. 11. 31. 9. 18. 18. 10. 13. 12. 16. 14. 18. 23. 5. 7. 10. 15. 20. 23. **** 53. 44. 42. 24. -12. 41. 46. 47. 27. **** 123. 36. 20. 13. -0. 25 * 25. 26. 6. -2. -1. 1. 6. 6. -42. 53. 41. 43. -1. -23. 19. 15. 9. -4. 13. 14. 11. 14. 8. 15. 20. 12. 15. 15. 19. 16. 4. 6. 24. 20. 11. 29. 7. 10. 5. 39. -7. 31. 1965. 1966. 1967. ..I 1 9 6 8 . ••I 1969. ,.1 I 1970. 1971. 1972. 1973. ..I 1974. ..I I 1975. ..I 1976. . . I — L **** **** **** 7. 9. TABLE 211.1A PRODUCTION C R E D I T A S S O C I A T I O N S LOANS O U T S T A N D I N G | MILLIONS I OF I DOLLARS | (YEAR-END) | YEAR 1 1959... 1 1960... 1 1961... 1 1962... 1 1963... 1 1964... 1 1965... 1 1966... 1 1967... 1 1968... 1 1969.., 1 1970... 1 1971... 1 1972... 1 1973.. 1 1974.. 1 1975.. 1 1976.. ... | l AMOUNT 1 | 1 I CHANGE D U R I N G YEAR 1 I MILLIONS PERCENT OF I | DOLLARS NUMBER O F | BORROWERS t 1 CHANGE D U R I N G YEAR I THOUSANDS| I(YEAR-END) | PERCENT 1 1 THOUSANDS 1 1 1 I j AVERAGE SIZE 1 1 1 CHANGE D U R I N G YEAR .1 D O L L A R S 1. I(YEAR-END)| PERCENT DOLLARS 1 1 1 1 1 | j 5485. ****** ***** I j 5861. 376. 6.9 2.8 I | 6321. 460. 7.8 7.7 2.9 | j 6897. 576. 9.1 281.5 12.5 4.7 I j 7542. 645 . 9.4 t 288.2 6.7 2.4 | j 7966. 424. 5.6 13.2 I 293.8 5.6 1.9 1 j 8844. 877. 11.0 444. 17.1 | 299.4 5.6 1.9 I j 10161. 1318. 14.9 509. 16.7 I 306.5 7.1 2.4 | j 11587. 1426. 14.0 310. 8.7 I 303.9 -2.5 —0.8 I j 12704. 1117. 9.6 672. 17.4 I 301.2 -2.7 -0.9 I j 15050. 2346. 18.5 801. 17.7 I 298.2 -3.0 -1.0 | j 17891. 2841. 18.9 781. 14.6 1 I 303.8 5.7 1.9 I j 20128. 2237. 12.5 519. 8.5 I 308.7 4.8 1.6 1 j 21496. 1369. 6.8 1218. 18.4 I 311.9 3.2 1.0 I | 25180. 3683. 17.1 1649. 21.0 I 323.8 11.9 3.8 | j 29344. 4164. 16.5 1240. 13.0 I 328.7 4.9 1.5 1 | 32682. 3338. 11.4 1455. 13.5 I 335.6 7.0 2.1 ! 36338. 3656. 11.2 250.1 ****** ***** I j 254.2 4.1 1.6 10.8 I 261.3 7.1 203. 12.3 I j 269.0 268. 14.5 1 173. 8.1 302. ****** ***** 118. 8.6 161. 1 1 27 TABLE 212.1A PRODUCTION CREDIT A S S O C I A T I O N S L O A N S MADE AND NEW LOANS YEAR 1 1 1 1 1 MILLIONS OF 1 1 DOLLARS | | | LOANS 1 -.1 1 CHANGE FROM P R E V I O U S YEAR MILLIONS OF PERCENT 1 | DOLLARS. NEW AS P E R C E N T A G E OF LOANS O U T STANDING* COLLECTIONS MILLIONS OF DOLLARS LOANS 1 CHANGE FROM | P R E V I O U S YEAR 1. | MILLIONS OF 1 PERCENT 1 DOLLARS AS P E R C E N T A G E OF LOANS O U T STANDING* COLLECTIONS 1 9 5 9 . . . , •1 2515. ****** ***** ***** ***** ****** ****** ***** ***** ***** I 9 6 0 . . . . .1 2607. 92. 3.7 190.1 148.3 1879. ****** ***** 136.9 106.8 1 9 6 1 . . . . .1 2869. 262. 10.0 192.5 151.2 2062. 183. 9.8 138.4 108.7 1 9 6 2 . . . . .1 3217. 348. 12.1 194.8 152.9 2312. 250. 12.1 140.0 109.8 1 9 6 3 . . . . •1 3551. 333. 10.4 191.4 158.1 2518. 206. 8.9 135.7 112.1 1 9 6 4 . . . . .1 3705. 154. 4.3 174.5 156.2 2549. 31. 1.2 120.0 107.5 1 9 6 5 . . . . .1 4136. 430. 11.6 180.1 160.1 2889. 340. 13.3 125.8 111.8 1 9 6 6 . . . . •1 4813. 678. 16.4 185.2 162.0 3419. 530. 18.3 131.6 115.1 1 9 6 7 . . . . .1 5428. 615. 12.8 178.4 167.0 3766. 348. 10.2 123.8 115.9 1 9 6 8 . . . . .1 6053. 625. 11.5 170.5 162.9 4020. 254. 6.7 113.2 108.2 1 9 6 9 . . . . • 1 7077. 1024. 16.9 183.3 171.0 4823. 803. 20.0 124.9 116.5 1 9 7 0 . . . . .1 8277. 1199. 16.9 182.6 172.5 5608. 786. 16.3 123.7 116.9 1 9 7 1 . . . . .1 9421. 1145. 13.8 176.6 172.7 6269. 661. 11.8 117.5 114.9 1 9 7 2 . . . . •1 10439. 1017. 10.8 170.7 162.5 6976. 707. 11.3 114.1 108.6 1 9 7 3 . . . . •1 13028. 2590. 24.8 196.4 165.1 9123. 2147. 30.8 137.5 115.6 1 9 7 4 . . . . • 1 14359. 1331. 10.2 182.8 173.6 9981. 858. 9.4 127.1 120.6 1 9 7 5 . . . . .1 15997. 1638. 11.4 168.4 168.4 10748. 767. 7.7 113.1 113.1 1 9 7 6 . . . . .1 18256. 2259. 14.1 170.0 167.7 12369. 1621. 15.1 115.2 113.6 I 1 1 1 1 1 1 1 1 1 1 1 1 1 I 1 I 1 * MADE O U T S T A N D I N G L O A N S AT •NEW LOANS™ ARE END OF COMPUTED AS PRECEDING YEAR. LOANS MADE L E S S RENEWALS. RENEWALS INCLUDE SOME N O N A G R I C U L T U R A L LOANS (SEE NOTE ON PAGE 25) TABLE 213.1A PRODUCTION CREDIT A S S O C I A T I O N S R E N E W A L S AND C O L L E C T I O N S C H A N G E FROM P R E V I O U S YEAR 1 YEAR | MILLIONS 1 | OF DOLLARS ILOANS O U T I STANDING* LOANS MADE COLLECTIONS AND RENEWALS OF DOLLARS OF LOANS OUTSTANDING* 1759. ****** ***** 128.2 807. 78. 10.7 54.2 28.1 29.8 1897. 138. 7.9 127.3 906. 99. 12.2 54.8 28.2 30.1 2105. 208. 11.0 127.4 1033. 127. 14.0 55.7 29.1 31.5 2247. 142. 6.7 121.1 1156. 123. 11.9 54.4 31.2 32.8 2372. 126. 5.6 111.7 1247. 91. 7.9 54.3 30.2 32.5 2584. 212. 8.9 112.5 148. 11.9 53.7 29.0 31.9 2971. 387. 15.0 114.3 267. 19.1 54.6 30.6 33.8 3250. 279. 9.4 106.8 371. 22.3 57.3 33.6 35.4 3715. 465. 14.3 104.6 221. 10.9 58.4 31.9 35.3 4140. 425. 11.4 107.2 414. 18.4 58.9 32.2 35.7 4799. 659. 15.9 105.9 484. 18.1 59.1 33.5 36.6 5456. 658. 13.7 102.3 311. 9.9 56.6 33.2 35.0 6423. 967. 17.7 105.0 442. 12.8 58.9 30.0 33.1 7892. 1469. 22.9 118.9 472. 12.1 55.7 30.5 34.6 8273. 381. 4.8 105.4 871. 19.9 55.2 32.8 35.6 9501. 1228. 14.8 100.0 638. 12.1 54.8 32.2 35.1 10888. 1387. 14.6 101.4 1 1967..., 1 1968.... 1 1969..., 1 1970..., 1 1971..., 1 1972... 1 1973... 1 1974... 1 1975... 1 1976... 1 1 AND I I I 29.3 1966.... RENEWALS I1 I1 M I L L I O N S OF 11 11 DOLLARS 1 AS I PERCENTAGE 28.0 1 OUTSTANDING C H A N G E FROM P R E V I O U S YEAR 53.1 1962.... .| • 1| II ***** 1 1965....,.| MILLIONS OF ****** 1961.... .| 1 PERCENTAGE 729. 1 1964.... .| AS PERCENT 1 I 9 6 0 . . . . .1 1 1 1 I 1 1 MILLIONS OF nni i ARS 1 1 9 6 3 . . . . .1 COLLECTIONS RENEWALS 1 | LOANS AT END COLLECTIONS OF PRECEDING INCLUDE SOME YEAR. NONAGRICULTURAL LOANS (SEE NOTE ON PAGE 2 5 ) . PERCENT 1 TABLE 30 221.1A F E D E R A L LAND BANKS LOANS OUTSTANDING YEAR 1964... AMOUNT 1 1 1 M I L L I O N S | CHANGE D U R I N G YEAR 1 OF |. 1 DOLLARS | M I L L I O N S 1(YEAR-END)| OF PERCENT 1 1 DOLLARS 1 ****** ***** | 1965... j 1966... j 1967... j 1968... | 1969... | 1970... 1971... | | 1972... | 1973... j 1974... j 1975... j 1976... NUMBER OF LOANS 1 CHANGE D U R I N G THOUSANDS | . 1(YEAR-END)| 1 J 1 1 1 THOUSANDS 1 PERCENT 380.6 ****** ***** 1 1 1 1 i YEAR 563. 15.1 1 j 384.2 3.6 0.9 677. 15.8 1 | 389.7 5.5 1.4 651. 13.1 1 j 395.6 5.9 1.5 517. 9.2 1 j 398.3 2.7 0.7 568. 9.6 402.4 4.1 1.0 473. 7.0 1 j 1 1 j 404.2 1.8 0.4 731. 10.2 1 I 404.6 0.4 0.1 1175. 14.8 1 | 407.6 3.0 0.8 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1855. 20.4 1 414.8 7.1 1.8 2509. 22.9 1 429.2 14.5 3.5 2557. 19.0 1 442.8 13.5 3.2 1.8 1 1 15.7 1 1 450.8 8.1 AVERAGE SIZE 1 1 CHANGE D U R I N G YEAR | 1 DOLLARS 1(YEAR-END) | DOLLARS PERCENT 1 1 1 1 1 1 1 1 1 1 2510. 1 1 1 i 9766. ****** ***** 11139. 1373. 14.1 12718. 1579. 14.2 14175. 1457. 11.5 15377. 1202. 8.5 16681. 1304. 8.5 17778. 1096. 6.6 19568. 1790. 10.1 22304. 2736. 14.0 26393. 4089. 18.3 31349. 4956. 18.8 36166. 4817. 15.4 41088. 4922. 13.6 TABLE 222.1A FEDERAL LAND BANKS LOANS CLOSED 1 I MILLIONS 1 OF I DOLLARS 1 1 YEAR , ; 1965.... .| 1966... 1967... 1968... 1969... 1 1 . , | 1 .,, | 1 . 1 , , | CHANGE FROM P R E V I O U S YEAR AVERAGE NUMBER OF LOANS CHANGE FROM 1 1 P R E V I O U S YEAR 1 1 I THOUSANDS 1. 1 1 PERCENT 1 1 THOUSANDS 1 1 I DOLLARS | | 1 1 | SIZE CHANGE FROM P R E V I O U S YEAR MILLIONS OF DOLLARS PERCENT * * * * * * ****** ***** I 54.8 ****** * * * * * j ****** ****** ***** ****** ****** ***** | 58.4 3.7 6.7 | ****** ****** ***** ****** ****** ***** | 54.0 -4.4 -7.6 | ****** ****** ***** ****** ****** ***** 1 48.5 —5 . 5 -10.2 j ****** ****** * * * * * ****** ***** I 40.8 -7.7 -15.8 j ****** ****** ***** ****** ***** I 38.4 -2.5 —6.0 | ****** ****** ***** ****** ***** I 32.2 —6.2 -16.1 1 31571. ****** ***** 538. 52.9 I 41.1 8.9 27.5 I 37870. 6299. 20.0 683. 43.9 I 50.3 9.3 22.6 I 44458. 6588. 17.4 931. 41.6 I 57.8 7.5 14.9 I 54802. 10345. 23.3 771. 24.3 | 62.4 4.6 7.9 I 63118. 8316. 15.2 279. 7.1 | 58.6 -3.9 —6. 2 I 72056. 8937. 14.2 366. 8.7 I 57.7 -0.9 -1.5 | 79480. 7425. 10.3 1 1964.... | AMOUNT 1 | ****** 1 1970.... 1 1971..., 1 1972..., 1 1973..., 1 1974... 1 1975... 1 1976... 1 DOLLARS PERCENT 1 TABLE 223.1A LOANS YEAR 1964.... .| 1 1 1 LOANS CLOSED 1 MILLIONS 1 OF DOLLARS 1 1 1 1 CHANGE FROM P R E V I O U S YEAR * | | NEW MONEY LOANED AS PERCENTAGE OF 1 1 MILLIONS 1 OF 1 DOLLARS 1 CHANGE FROM 1I P R E V I O U S. YEAR |1 I1 M I L L I O N S OF 1 PERCENT 1 DOLLARS 1 1 1 AS PERCENTAGE OF MILLIONS OF PERCENT ****** ****** ***** ***** ***** 1 707. ****** ***** ***** ***** ****** ****** ***** ***** ***** 1 887. 180. 25.5 23.9 273.3 ****** ****** ***** ***** ***** 1 1012. 125. 14.1 23.6 301.9 ****** ****** ***** ***** ***** 1 998. —15 . - 1 . 4 20.1 288.2 ****** ****** ***** ***** ***** 1 902. -95. -9.5 16.1 234.3 ****** ****** ***** ***** ***** 1 986. 84. 9.3 16.1 247.5 1017. ****** ***** 15.1 255.6 1 871. —116. -11.7 13.0 218.9 1555. 538. 52.9 21.6 312.0 1 1229. 358. 41.2 17.1 246.6 2238. 683. 43.9 28.3 360.4 1 1796. 567. 46.1 22.7 289.2 3169. 931. 41.6 34.9 404.3 1 2639. 843. 47.0 29.0 336.7 3940. 771. 24.3 36.0 474.5 1 3340. 701. 26.5 30.5 402.2 4219. 279. 7.1 31.4 458.5 1 3478. 138. 4.1 25.8 377.9 4585. 366. 8.7 28.6 386.9 1 3696. 218. 6.3 23.1 311.8 DOLLARS | 1965.... .| | 1966.... .| | 1967.... .| | 1968.... .| | 1969.... .| | 1 9 7 0 . . . . .1 | 1 9 7 1 . . . . .1 | 1 9 7 2 . . . . .1 | 1 9 7 3 . . . . .1 | 1 9 7 4 . . . . .1 | 1 9 7 5 . . . . .1 | 1 9 7 6 . . . . .1 1 F E D E R A L LAND BANKS C L O S E D AND NEW MONEY LOANED O U T S T A N D I N G LOANS AT END OF PRECEDING YEAR. I LOANS O U T STANDING* REPAYMENTS 1 1 1 LOANS O U T 1 STANDING* | REPAYMENTS TABLE 2 2 4 . 1 A FEDERAL LAND BANKS R E F I N A N C I N G AND REPAYMENTS R E F I N A N C I N G OF FEDERAL LAND BANK LOANS MILLIONS OF DOLLARS YEAR .|1 1 | 1 | 1967.... 1 | 1 | 1969.... 1965.... ****** ****** ****** ****** ****** 1 1970.... .| 1971.... .| 146. 1 1972.... .| 1 1 1 9 7 3 . . . . .1 1 1 9 7 4 . . . . .1 1 1975.... . I 1 1976.... .| * CHANGE FROM P R E V I O U S YEAR | I I MILLIONS OF DOLLARS PERCENT ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** LOANS O U T STANDING* LOANS CLOSED REFINANCING AND ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 2.2 14.4 MILLIONS OF DOLLARS REPAYMENTS | | CHANGE FROM P R E V I O U S YEAR I | MILLIONS | OF > DOLLARS ****** 325. PERCENT ***** I AS |PERCENTAGE | OF LOANS | OUT| STANDING* _L 8.7 335. 11. 3.3 7.8 346. 11. 3.3 7.0 385. 39. 11.3 6.9 399. 13. 3.5 6.5 26.8 398. -1. -0.2 5.9 123.2 4.5 21.0 39.5 498. 101. 6.9 180. 25.3 326. 35.7 5.6 19.8 41.6 621. 123. 7.8 116. 24.6 442. 19.8 5.8 16.7 40.3 784. 163. 8.6 88. 26.2 530. 13.3 5.5 15.2 42.0 830. 47. 7.6 70. 6.0 600. 23.5 5.5 17.6 44.6 920. 10.8 6.8 141. 90. 742. 19.9 5.6 19.4 42.9 1185. 265. 7.4 148. 28.8 890. OUTSTANDING LOANS AT END OF PRECEDING Y E A R . 5S15SSS S/SS&rS AS PERCENTAGE OF L E °™°- SECTION 230 LIFE TABLE 1 INSURANCE 231.1A TABLE FARM MORTGAGES .J I REPORTING TO THE MILLIONS OF DOLLARS 1 1 1 MORTGAGE ACQUISITIONS C H A N G E FROM P R E V I O U S YEAR 1 MILLIONS 1 OF _ L DOLLARS ALL 9 9 9 9 9 9 9 9 5 5 5 5 5 5 5 5 2 . . . | 3 . . . | 4 . . . | 5 . . . | 6 . . . | 7 . . . | 8 . . . | 9 . . . | j 1685. 1872. 2046. 2264. 2470. 2585. 2667. 2826. ***** ***** ****** 187. 11.1 9 . 3 10.7 9 . 1 4 . 7 3.2 6 . 0 417. I 1 1 1 1 9 9 9 9 9 6 6 6 6 6 0 1 2 3 4 . . . . . . . . . . . . . . . | | | | | 1 1 1 1 1 9 9 9 9 9 6 6 6 6 6 5 6 7 8 9 . . . . . . . . . . . . . . . | 2983. 3170. 3400. 3792. 4304. 4823. 5240. 5569. 5803. 5773. 157. 187. 230. 392. 512. 519. 417. 329. 234. - 3 0 . 12.1 8 . 6 6.3 4 . 2 - 0 . 5 1047. 1149. 994. 837. 772. 540. 1 9 7 0 . . . | 1 9 7 1 . . . | 1 9 7 2 . . . | 5649. 5601. 5678. - 1 2 4 . - 4 8 . 77. 5996. 6327. 6753. 314. 503. 700. -226. 1 9 7 3 . . . | 1 9 7 4 . . . | 1 9 7 5 . . . | - 2 . 1 —0 . 8 1.4 318. 331. 426. 5 . 6 5.5 6.7 1 9 7 6 . , . | 1006. 1007. 1075. 7418. 665. 9.8 1540. | -J.. | 5 6 7 11 13 . 6 . 3 . 3 .5 .5 . . . . . . 467. 555. 619. 866. FARM MORTGAGE 2 4 . 7 - 4 . 100. - 1 . 0 24.2 —0.4 - 2 0 . 5 7 . 4 15.4 2 2 2 1 1 1 - 7 . 2 18.8 11.5 39.9 20.9 9 . 7 - 1 3 . 5 16.5 18.6 19.5 2 5 . 5 2 7 . 6 —36. 88. 64 . 247. 181. 102. * ..I e.l ..I ..I ..I OUTSTANDING 5714. 5591. 5551. 5630. 5942. 6273. 6697. 7334. AMOUNT AT ***** ***** - 1 2 4 . - 4 0 . 79. 312. 330. 424. 637. -2.2 END OF ****** 314. 481. 676. 964. 958. 1007. 1402. - 0 . 7 1.4 5.5 5.6 6.8 9.5 PRECEDING YEAR. . . . . . . 1 1 6 4 9 9 310. 368. 389. 474. 535. 630. 577. 1 1 1 j 508. 538. 570. 306. 1. 1 1 1 4 3 . 7 0.1 6.8 17.7 16.8 17.0 465. 4 3 . 3 22.8 68. ***** ***** 166. 195. 288. —6. 4 9 . 395. IN ***** ***** 53.0 40.6 4 2 . 6 —0.6 5.2 39.3 THE 7 6 0 9 3 1 1 1 1 1 1 1 5 . 4 8 . 9 12.5 189. 197. LOANS 1969. 1970. 1971. 1972. 1973. 1974. 1975. 1976. 2 5 2 6 6 8 UNITED **** 5.5 8 . 6 12.2 17.1 16.1 16.1 2 0 . 9 ****** 230. 239. 295. 305. 291. 354. 344. - 4 1 . 9 60.2 39.2 - 1 5 . 8 —7.8 1 I | 1 1 -1— 1 1 1 1 1 1 1 | - 3 0 . 1 . . . . MILLIONS OF DOLLARS i | **** 2 6 . 2 0 . 16. 13. 9 . - 1 5 5 - 1 5 7 —65 - 2 3 2 FARM MORTGAGE DISPOSITIONS C H A N G E FROM P R E V I O U S YEAR MILLIONS OF DOLLARS PERCENT 1 AS P E R C E N T A G E OF 1 A A 1* A 1 MORTGAGES 1 1 1 OUTSTANDING* LOANS ***** ***** -2. 233.1A 1 ***** ***** - 1 0 5 . 30. 67. 34 INSURANCE ***** ***** ***** ***** **** 9. 56. 10. - 1 4 . 63. - 1 0 . 3 . 9 23.4 3 . 4 - 4 . 6 12.8 11.8 21.6 - 2 . 8 13.7 12.9 - 9 . 9 18.7 5 . 7 21.9 12.9 17.8 - 8 . 4 1 1 1 1 1 - 3 4 . 58. 21. 85. 61. 95. - 5 3 . - 6 9 . 30. 13.6 14.4 13.5 11.0 2 2 3 4 4 .3 .3 .9 .1 .6 12.0 32. - 1 2 . 0 5 . 9 5 . 9 438. 551. 623. - 1 3 2 . 113. 72. - 2 3 . 2 25.8 13.1 1 1 1 688. 676. 649. 65. - 1 2 . - 2 7 . 10.4 - 1 . 7 - 4 . 0 11.3 10.3 1 1 875. 226. £ | | | 82. 159. 3 3 1 6 6 3 OUT| STANDING*! 1 1 LIFE 13.0 ****** ***** ***** ***** ***** 83. 76. 54. - 2 4 . - 4 4 . 183. 18.9 14.7 9 . 1 - 3 . 7 - 7 . 1 31.4 00 1 1 1 1 1 1 1 1 41 51 51 40 43 50 OF | 1 1 AS P E R - | 1 CENTAGE 0 F | 1 MORTGAGESI PERCENT I . . . . COUNCIL TABLE FARM DOLLARS 174 218 206 115 AMERICAN 232.1A OUTSTANDING 1 1 1 MILLIONS | C H A N G E D U R I N G YEAR 1 OF | 1 DOLLARS 1 M I L L I O N S 1(YEAR-END)! OF PERCENT YEAR COMPANIES 9 . 7 9.7 9.8 7.6 9.8 11.1 12.1 STATES 1 | 1 1 1 1 1 1 1 1 438. 521. 597. 651. 627. 583. 765. **** 7 . 7 9 . 3 10.8 11.6 10.6 9 . 3 11.4 AGRICULTURAL FINANCE 400 410 DATABOOK—ANNUAL SERIES NOVEMBER 1977 I N T E R E S T RATES ON FARM DEBT AVERAGE RATES ON OUTSTANDING 411.1 MORTGAGE D E B T , SERVICE, U.S. DEBT 1910-DATE, AND NON-REAL—ESTATE D E B T , DEPARTMENT OF A G R I C U L T U R E • 1940-DATE....36 TABLE 4 1 1 . 1 36 AVERAGE INTEREST 1 YEAR MORTGAGE 1 1 1 ALL 1 | 1 LENDERS 1 1 1 1 191 0 1 1 | 6 . 0 191 1 | 6 . 0 191 2 | 6 . 1 191 3 | 6 . 1 191 4 | 6 . 1 1915 1 | 6 . 1 1 9 1 6 . . . . . | 6 . 2 1 9 1 7 . . . . » | 6.1 1918 | 1 9 1 9 . . . . . | RATES FEDERAL LAND BANKS** LIFE *** *** *** *** *** *** *** *** 1 1 COMPANIES| LENDERS 6 . 1 5 . 5 *** *** *•* *** 5 . 6 5 . 7 5 . 7 5 . 8 5 . 8 *** ••• *** *** *** 6 . 1 5 . 0 6 . 1 5 . 3 5 . 7 5 . 6 5 . 4 5 . 8 6 . 2 *** *** *** *** 192 0 | | 6 . 1 192 1 192 2 1 | 6 . 2 5 . 4 5 . 8 6 . 3 5 . 5 192 3 | 6 . 0 6 .4 5 . 6 192 4 | 6 . 0 6 . 3 5 . 6 5 . 9 192 5 1 | 6 . 3 5 . 6 5 . 9 192 6 | 6 . 2 5 . 6 192 7 | 5 . 9 6 . 1 5 . 5 5 . 8 *** *** *** *** *** DEBT (PER CREDIT BANKS INDIVIDUALS LANEOUS 6 . 2 6 . 0 6 . 5 6 . 3 6 . 0 6.5 6 . 3 6 . 0 6.5 6 . 4 6 . 1 6.5 6 . 4 6 . 0 6 . 5 6 . 4 6 . 1 6.5 6 . 5 6 . 1 6 . 5 6 . 5 6 . 1 6.5 6 . 4 6 . 1 6 . 4 6 . 4 6 . 1 6 . 4 6 . 5 6 . 1 6 . 3 6 . 6 6 . 1 6 . 4 6 . 9 6 . 2 7 . 0 6 . 3 6 . 6 6 . 7 7 . 0 6 . 3 6 . 7 6 . 9 6 . 3 6 . 6 6 , 8 6 . 3 6 . 6 6 . 7 6 . 6 6 . 3 6 . 2 6 . 4 6 . 3 6 . 6 6 . 2 6 . 2 192 8 | 6 . 1 5 . 4 | 5 . 8 6 . 0 5 . 4 5 . 7 193 0 | 6 . 0 5 . 4 193 1 | 5 . 7 6 . 0 6 . 2 5 . 4 6 . 5 5 . 6 6 . 1 6 . 1 6 . 0 6 . 2 5 . 4 6 . 6 5 . 6 6 . 1 6 . 2 6 . 1 6 . 6 1 9 3 2 . . . . . | DEBT* PRODUCTION MISCEL- 192 9 | CENT) LENDERS COMRTNFD 5 . 5 5 . 6 FARM NON-REAL--ESTATE OTHER OTHER 1 OUTSTANDING DEBT INSURANCE| --- • ON BANKS ASSOCIATIONS *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *•* *** *** *** *** *** *** 5 . 3 193 3 | 6 . 0 5 . 4 6 . 1 | 5 . 6 6 . 1 193 4 5.8 6 . 2 4 . 5 6 . 6 6 . 1 5 . 6 6 . 1 6 . 1 6 . 5 6 . 0 6 . 1 | 5.5 4 . 6 5 . 6 6 . 0 5.1 3 . 9 6 . 3 5 . 9 5 . 6 6 . 0 | 5 . 8 4 . 9 4 . 0 6 . 2 5.8 193 8 | 5 . 5 5 . 8 4 . 7 3 . 7 5 . 3 5 . 6 5.6 | 5 . 7 5 . 6 6 . 0 193 9 4 . 6 5 . 8 3 . 7 5 . 5 5 . 1 5 . 4 5 . 4 5 . 7 5 . 3 5 . 3 | 4 . 6 3 . 7 4 . 9 5 . 3 5 . 2 5 . 2 5 . 1 4 . 9 5 . 1 5 . 0 4 . 8 *** *** *** 4 . 6 7 . 1 5 . 2 5 . 0 4 . 4 6 . 6 5 . 3 | 1935 1 9 3 6 . . . . . | 193 7 194 0 | 194 1 | 4 . 5 3 . 5 194 2 194 3 | | 4 . 8 5 . 2 4 . 4 5 . 5 5 . 5 3 . 5 4 . 8 5 . 1 4 . 4 5 . 4 3 . 5 194 4 | 4 . 7 5 . 0 4 . 4 3 . 5 4 . 5 4 . 9 5 . 4 5 . 3 1 5 . 5 5 . 2 TABLE 4 1 1 * 1 i I 11 YEAR 1 i ! 1 i 1945. 1 1 9 46 I 1 9 47 1 1946 1 1949 1 1 19DO.*.**I 19!>1* • • • • 1 1952 ! 195 3 1 1 9 54 1 1 1955.....I 195 6 1 195 7 1 1958.... . i 1959 1 1 1 9 60 1 196 1 1 196 2 I 1 9 63 1 1 9 64 I 1 1965. . . . 1 1966.....1 1 9 67 1 196 8 I 196V.....1 1 1 9 70 1 197 1 1 197 2 1 1 9 73 1 1974.....1 AVERAGE INTEREST RATES ON OUTSTANDING FARM DEBT CENT) INON-REAL- -ESTATE DEBT* MORTGAGE DEBT 1 LENDERS 11' (Of: o .-i f ? DI™ (PER ™ f 1 i FEDERAL LAND BANKS** 1 LIFE | INSURANCE 1 COMPANIES I 1 OTHER LENDERS OTHER LENDERS BANKS INDIVIDUALS MISCELLANEOUS | BANKS PRODUCTION CREDIT ASSOCIATIONS 4.5 4.6 4.5 4.5 4.5 4.1 4.2 4 2 4.1 4.1 4.5 4.4 4.4 4.3 4.3 4.8 4.8 4.7 4.7 4.6 5.2 5.2 5.1 5.1 5.0 4.9 4.9 4.7 4.6 4.6 4.2 4.3 4.3 4.3 4.3 | | | | I 6.3 6.1 6.2 6.2 6.4 5.4 5.4 5.4 5.7 6.1 4.5 4.5 4.6 4.6 4.6 4.1 4.1 4.1 4.1 4.1 4*3 4.3 4.4 4.4 4.5 4.7 4.7 4.8 <.8 4.8 5.0 5.1 5.2 5.2 5.3 4.6 4.6 4.7 4.7 4.7 4.4 4.5 4.5 4.6 4.6 I | | j | 6.4 6.4 6.5 6.6 6.4 6.1 6.2 6.5 6.5 6.4 4.7 4.7 4.7 4.8 4.9 4.1 4.1 4.1 4.2 4.4 4.5 4.6 4.6 4.7 4.8 4.9 4.9 5.0 5.0 5.1 5.3 5.3 5.4 5.5 5.6 4.8 4.8 4.9 4.9 4.9 4.6 4.6 4.8 4.9 5.0 | | | | | 6.4 6.5 6.7 6.7 6.8 6.1 6.2 6.7 6.8 6.6 5.0 5.1 5.2 5.3 5.3 4.6 4.8 4.9 5.0 5.1 5.0 5.1 5.2 5.3 5.4 5.1 5.2 5.2 5.3 5.3 5.7 5.8 5.9 6.0 6.0 4.9 4.9 5.0 5.1 5.1 5.1 5.3 5.2 5.3 5.4 I | 1 | | 6.8 6.8 7.0 6.9 6.7 7.3 6.6 6.4 6.3 6.5 5.4 5.4 5.4 5.6 5.7 5.2 5.2 5.4 5.6 5.7 5.5 5.5 5.6 5.7 5.8 5.4 5.4 5.4 5.5 5.6 6.0 6.0 6.0 6.2 6.3 5.1 5. 1 5.1 5.2 5.2 5.4 5.5 5.6 5.9 5.9 | 1 I I | 6.7 6.8 7.0 7.3 7.8 6.6 6.9 7.3 7.4 7.8 5.8 6 .0 6.2 6.4 6.6 6.0 6*4 6.5 6.6 7.0 5.9 6.0 6.2 6.4 *** 5.7 5.8 6.0 6.2 *** 6.5 6.7 7.1 7.4 *** 5.3 5.4 5.5 5.6 *** 6.2 6.2 6.9 7.1 *** | I | | 1 8.1 7.9 7.8 8.4 9.2 9.0 7.4 7.1 8.1 9.4 7.3 *** 7.8 *** *** *** *** *** *** *** *** *** *•* *** | | 8.8 8.9 8.8 8.2 % % % « » » « » , g . = e 0 = , ™ , , , ™ , AGRICULTURAL F I N A N C E 500 DA TABOOK—ANNUAL S E R I E S BALANCE S H E E T AND A S S E T S 510 BALANCE S H E E T , 511 CURRENT 511.1 511.2 511.3 511.4 512 IN 512.1 512.2 512.3 512.4 520 MAJOR A S S E T S 522 IN 522.1 522.2 522.3 522.4 4 0 531.1 531.2 PRICES AMOUNTS CHANGE DURING YEAR PERCENTAGE CHANGE DURING YEAR PERCENTAGE D I S T R I B U T I O N P R I C E DEFLATORS FOR A S S E T S INDEX, 1 9 6 7 = 1 0 0 PERCENTAGE CHANGE DURING YEAR (CONTINUED) I .. DOLLARS AMOUNTS CHANGE DURING YEAR PERCENTAGE CHANGE DURING YEAR PERCENTAGE D I S T R I B U T I O N IMPLICIT 1940-DATE I Y E A R . . . . . . . . . . . . . . . . . . . . . . . . . X AMOUNTS CHANGE DURING YEAR PERCENTAGE CHANGE DURING YEAR PERCENTAGE CHANGE DURING PREVIOUS 1967 1, DOLLARS CURRENT DOLLARS 521.1 521.2 521.3 521.4 JANUARY 1977 AND CLAIMS ASSETS 521 530 OF THE FARMING S E C T O R , AMOUNTS CHANGE DURING YEAR PERCENTAGE CHANGE DURING PERCENTAGE D I S T R I B U T I O N 1967 NOVEMBER * F I V E YEARS IXJ41 ***42 II43 AGRICULIUXAL FINANCE SCO SHEET AND A S S E T S 5«.0 BALANCE IMPLICIT 541.1 5*?.l b',3.1 544.1 545.1 SOURCES NET DATABOOK—AWIUAL NOVEMBER 1 9 7 7 SERIES OF THE FARMING SECTOR INVESTMENT, CAPITAL G A I N S , (CONTINUED) AND RELATED DATA CHANGES I N A S S E T S , L I A B I L I T I E S , AND NET WORTH I M P L I C I T N E T INVESTMENT AND I N T E R - S E C T O R TRANSFERS I M P L I C I T NOMINAL C A P I T A ! GAINS • I M P L I C I T REAL C A P I T A L G A I N S C A P I T A L G A I N S COMPARED WITH FARM CASH FLOW AND N E T INCOME BALANCE SHFET OF THE rARMING S E C T O R , NATIONAL ECONOMIC A N A L Y S I S D I V I S I O N , U . S . DEPARTMENT OF A G R I C U L T U R E . 58 59 60 62 SECTOR PERFORMANCE M E A S U R E S , ECONOMIC RESEARCH S E R V I C E , DO NOT CONFUSE BALANCE S . l c E T DATA I N CONSTANT S f l H A & S ( T A B L E 5 1 2 . 1 ) WITH A S S E T DATA I f ; CONSTANT P R I t ^ S ( T A B L E 5 2 2 . 1 ) . THE FOOTNOTES TO THESE T A B L E S E X P L A I N THE D I F F E R E N C E . NOTE THAT USE OF THE TERMS "CONSTANT D O L L A R S " AND "CONSTANT P R I C E S " 1 3 HIGHLY U S E F U L I N D I F F E R E N T I A T I N G BETWEEN THESE TWO C O N C E P T S . BE A™ARE, HOWfcVcR, THAT T H I S HELPFUL D I S T I N C T I O N I S NOT CURRENTLY MADE BY ALL 3 R I G T N A T 0 R S OF ECONOMIC D A T A . FOK EXAMPLE, REAL G N P , LABELED A S " I N 1 9 7 2 DOLLARS" BY THE DEPARTMENT OF COMMERCE, I S ACTUALLY " I N 1 9 7 2 P R I C E S , " AS EACH COMPONENT Of- GNP I S DEFLATED BY AN INDEX OF I T S OWN P R I C E S . S E C T I O N 5 4 0 P R E S E N T S S E R I E S ON NET INVESTMENT AND C A P I T A L G A I N S D E R I V E D FROM BALANCE SHEET DATA I N THE T R A D I T I O N OF P R E V I O U S WORK BY DAVID B O Y N E , DALE H 1 0 V F R , KUL B H A T I A , AND O T H E R S . T H I S LITERATURE ON NOMINAL AND REAL C A P I T A L G A I N S IN AGK1CULTURE I S SUMMARIZED I N THE SECTION E N T I T L E D "REAL WEALTH E r ^ E C I b OF P R I C E CHANGES" I N "AGRICULTURAL FINANCE AND C A P I T A L M A R K E T S , " BY J:JHN R . BRAKE AND EMANUEL M E L I C H A R , A SURVEY OF AGRICULTURAL ECONOMICS L I T E R A T U R E . VOLUME 1 , LEE R . M A R T I N , E D I T O R , U N I V E R S I T Y OF MINNESOTA P R E S S , 1977, PP. 4 4 5 - 4 4 7 . MORE D E T A I L AND A D I S C U S S I O N OF METHODOLOGY I S PRESENTED I N " C A P I T A L G A I N S I N THE U . S . FARMING S E C T O R , NOMINAL AND R E A L , 1 9 4 0 - 1 9 7 4 , " BY EMANUEL MELICHAR AND MARIAN S A V R E , A PAPER PRESENTED AT THE MEETING OF THE AMERICAN AGRICULTURAL ECONOMICS A S S O C I A T I O N , AUGUST 1 1 , 1 9 7 5 ( A V A I L A B L E FROM THE AUTHORS UPON R E QUEST!. AS kECOMMLNOED I N THE CONCLUSIONS OF THAT PAPER ( P . 7 ) , S E C T I O N 5 4 0 U S E S THE APPROACH D E S C R I B E D AS "METHOD B , " EXTENDS I T TO ALL BALANCE SHEET "TFMS, AND U S E S BALANCE SHEET DATA WITHOUT PRIOR A D J U S T M E N T . TABLE 5 1 1 . 1 BALANCE SHEET OF THE FARMING S E C T O R , JANUARY CURRENT DOLLARS AMOUNTS I N M I L L I O N S OF DOLLARS ASSETS CLAIMS NON-REAL-ESTATE YEAR TOTAL | 1 1 REAL ESTATE | TOTAL LIABILITIES PHYSICAL 1 FINANCIAL| 1 1 | | | | | | I | | | 1940 | 1941 | 1942 | 1943 | 1944 | 3 945 | 1946...,,| 1947 | 1948 1949 | 53025. 54856. 62975. 73874. 84562. 94140. 103477. 116399. 127827. 134845. 33636. 34400. 37 5 4 7 . 41604. 48200. 53884. 61046. 68463. 73664. 76623. 19389. 20456. 25428. 32270. 36362. 40256. 42431. 47936. 54163. 58222. 15072. 15748. 19781. 24692. 26510. 27752. 27511. 31988. 38146. 42166. 4317. 4708. 5647. 7578. 9852. 12504. 14920. 15948. 16017. 16056. 1950.....( 1 9 5 1 . . 1 1952 | 1953.....| 1954.....| 1955 • *>... | 1956 | 1957 j 1958 | 1959 | 134713. 154435. 170374. 167988. 164894. 169086. 174127. 183154. 191578. 208791. 77600. 89523. 98452. 100051. 98654. 102216. 107503. 115666. 121754. 131054. 57113. 64912. 71922. 67937. 66240. 66870. 66624. 67488. 69824. 77737, 41261. 48868. 55312. 51149. 49230. 49443. 48759. 49613. 51548. 58643. 15852. 16044. 16610. 16788. 17010. 17427. 17865. 17875. 18276. 19094. 1960 1961 1962..... 1963 1964 * . . • • 1965 1966 1967 1968 1969 | | | | | 210551. 211054. 219534. 227895. 235838. 244051. 261048. 274404. 288267. 303074. 137161. 138466. 144548. 150181. 158557. 167502. 179211. 189104. 199700. 209190. 73390. 72588. 74986. 77714. 77281. 76549. 81837. 85300. 88567. 93884. 55317. 54717. 56863. 59061. 58470. 57169. 61906. 64884. 67381. 71809. 18073. 17871. 18123. 18653. 18811. 19380. 19931. 20416. 21186. 22075. | | | | | | | | 315273. 326576. 353166. 398191. 486215. 527468. 592848. 670940. 215893. 223881. 241371. 271049. 335372. 378666. 429058. 497180. 99380. 102695. 111795. 127142. 150843. 148802. 163790. 173760. 76548. 79055. 86920. 100494. 122286. 118898. 132082. 140637. 22832. 23640. 24875. 26648. 28557. 29904. 31708. 33123. 1970 1971 1972 1973 1974 1975 1976 1977 | | | | | 1 1 | | | | | | | | | | 1 | | | | | | | | | | 1 | 1 | | | | | | TOTAL TOTAL CCC LOANS I J PROPRIETORS' DEBT I EQUITIES EXCLUDING! CCC LOANS I 53025. 54856. 62975. 73874. 84562. 94140. 103477. 116399. 127827. 134845. 10035. 10470. 10468. 9900. 8871. 8344. 7905. 8413. 9238. 11370. 445. 629. 610. 773. 589. 683. 277. 65. 84. 1152. 9590. 9841. 9858. 9127. 8282. 7661. 7628. 8348. 9154. 10218. 42990. 44386. 52507. 63974. 75691. 85796. 95572. 107986. 118589. 123475. 134713. 154435. 170374. 167988. 164894. 169086. 174127. 183154. 191578. 208791. 12454. 13050. 14643. 16100. 16934. 17660. 18792. 19345. 20411. 23649. 1721. 812. 588. 1184. 2390. 2219. 1870. 1563. 1215. 2473. 10733. 12238. 14055. 14916. 14544. 15441. 16922. 17782. 19196. 21176. 122259. 141385. 155731. 151888. 147960. 151426. 155335. 163809. 171167. 185142. 210551. 211054. 219534. 227895. 235838. 244051. 261048. 274404. 288267. 303074. 24775. 26179. 28466. 31387. 34387. 36803. 40657. 44028. 47396. 50455. 1165. 1390. 1866. 2055. 1926. 1543. 1408. 1157. 1420. 2671. 23610. 24789. 26600. 29332. 32461. 35260. 39249. 42871. 45976. 47784. 185776. 184875. 191068. 196508. 201451. 207248. 220391. 230376. 240871. 252619. 315273. 326576. 353166. 398191. 486215. 527468. 592848. 670940. 53027. 54484. 59114. 65345. 74138. 81833. 90833. 102663. 2676. 1876. 2262. 1793. 751. 319. 358. 1012. 50351. 52608. 56852. 63552. 73387. 81514. 90475. 101651. 262246. 272092. 294052. 332846. 412077. 445635. 502015. 568277. BALANCE SHEET OF THE FARMING SECTOR CURRENT DOLLARS CHANGE DURING YEAR I N M I L L I O N S OF DOLLARS CLAIMS ASSETS LIABILITIES NON-REAL-ESTATE YEAR TOTAL 1 1940...,,.| 1941...,,.| .| 1942... 1943.... .| 1944... 1945... 1946... ..1 1947... 1948... 1949... 1 1950... 1951... 1952... 1953... 1954... 1955... 1956... 1957... 1958... 1959... 1 1960... 1961... 1962... 1963... 1964... 1965... 1966... 1967... 1831. 8119. 10899. 10688. 12922. 1 1970... 1971... 1972... 1973... 1974... 1975... 1976... REAL ESTATE TOTAL TOTAL PHYSICAL TOTAL FINANCIAL CCC LOANS I |PROPRIETORS' | EQUITIES DEBT EXCLUDING! CCC LOANSI 764. 3147. 4057. 6596. 5684. 7162. 7417. 5201. 2959. 977. 1067. 4972. 6842. 4092. 3894. 2175. 5505. 6227. 4059. -1109. 676. 4033. 4911. 1818. 1242. -241. 4477. 6158. 4020. -905. 391. 939. 1931. 2274. 2652. 2416. 1028. 69. 39. -204. 1831. 8119. 10899. 10688. 9578. 9337. 12922. 11428. 7018. -132. 435. -2. -568. -1029. -527. -439. 508. 825. 2132. 1084. 184. -19. 163. -184. 94. -406. -212. 19. 1068. 569. 251. 17. -731. -845. -621. -33. 720. 806. 1064. 515. 1396. 8121. 11467. 11717. 10105. 9776. 12414. 10603. 4886. -1216. 11923. 8929. 1599. -1397. 3562. 5287. 8163. 6088. 9300. 6107. 7799. 7010. -3985. -1697. 630. -246. 864. 2336. 7913. -4347. 7607. 6444. —4163. -1919. 213. —684 . 854. 1935. 7095. -3326. 192. 566. 178. 222. 417. 438. 10. 401. 818. -1021. 19722. 15939. -2386. -3094. 4192. 5041. 9027. 8424. 17213. 1760. 596. 1593. 1457. 834. 726. 1132. 553. 1066. 3238. 1126. -909. -224. 596. 1206. -171. -349. -307. -348. 1258. -1308. 1505. 1817. 861. -372. 897. 1481. 860. 1414. 1980. 2434. 19126. 14346. -3843. -3928. 3466. 3909. 8474. 7358. 13975. 634. 1305. 6082. 5633. 8376. 8945. 11709. 9893. 10596. 9490. 6703. -802. 2398. 2728. -433. -732. 5288. 3463. 3267. 5317. 5496. —600 . 2146. 2198. -591. -1301. 4737. 2978. 2497. 4428. 4739. -202. 252. 530. 158. 569. 551. 485. 770. 889. 757. 503. 8480. 8361. 7943. 8213. 16997. 13356. 13863. 14807. 12199. 1404. 2287. 2921. 3000. 2416. 3854. 3371. 3368. 3059. 2572. 225. 476. 189. -129. -383. -135. -251. 263. 1251. 5. 1179. 1811. 2732. 3129. 2799. 3989. 3622. 3105. 1808. 2567. -901. 6193. 5440. 4943. 5797. 13143. 9985. 10495. 11748. 9627. 7988. 17490. 29678. 64323. 43294. 50392. 68122. 3315. 9100. 15347. 23701. -2041. 14988. 9970. 2507. 7865. 13574. 21792. -3388. 13184. 8555. 808. 1235. 1773. 1909. 1347. 1804. 1415. 11303. 26590. 45025. 88024. 41253. 65380. 78092. 1457. 4630. 6231. 8793. 7695. 9000. 11830. -800. 386. -469. -1042. -432. 39. 654. 2257. 4244. 6700. 9835. 8127. 8961. 11176. 9846. 21960. 38794. 79231. 33558. 56380. 66262. , ALSO SHOWN I N TABLE 5 4 1 . 1 , REFLECT BOTH NET INVESTMENT .1). CHANGES I N THE P U R C H A S I N G POWER OF THE TOTAL FUNDS CHANGES I N .CURRENT-DOLLAR VALUES (TABLE 5 4 4 . 1 1 . ^ TABLE 5 1 1 . 3 BALANCE SHEET OF THE FARMING SECTOR CURRENT DOLLARS PERCENTAGE CHANGE DURING YEAR ASSETS I I I I YEAR | | | | | | I | | | | | | | 195 0 195 1 195 2 195 3 195 4 195 5 195 6 195 7 196 0 196 1 1 9 62 196 3 196 4 196 5 196 6 196 7 196 8 196 9 197 0 197 1 197 2 197 3 1 9 74 197 5 197 6 3.5 14.8 17.3 14.5 11.3 9.9 12.5 9.8 5.5 -o.l 14.6 10.3 -1.4 -1.8 2.5 3.0 5.2 | | | I NON-REAL-ESTATE I I I 2.3 9.1 10.8 15.9 11.8 13.3 12.1 7.6 4.0 1.3 15.4 10.0 1.6 LIABILITIES TOTAL PHYSICAL FINANCIA 5.5 24.3 26.9 12.7 10.7 5.4 13.0 13.0 7.5 -1.9 4.5 25.6 24.8 7.4 4.7 -0.9 16.3 19.3 10.5 9.1 19.9 34.2 30.0 26.9 19.3 6.9 0.4 13.7 10.8 -5.5 -2.5 -2.1 18.4 13.2 -7.5 -3.8 0.4 -1.4 0.2 -1.3 1.2 3.5 1.1 -0.4 1.3 3.5 11.3 -5.6 1.8 1.3 2.5 2.5 0.1 9.0 0.8 —1 . 4 3.6 5.2 7.6 5.3 7.6 4.7 3.9 13.8 -5.7 4.5 -5.3 0.2 4.0 3.8 3.5 3.5 7.0 5.1 5.1 5.1 4.0 1.0 4.4 3.9 5.6 5.6 7.0 5.5 5.6 4.8 3.2 -1.1 -1.1 -1.1 3.6 8.1 12.7 22.1 8.5 12.4 13.2 3.7 7.8 12.3 23.7 12.9 13.3 15.9 | | | I | | | | | | | | | | I | | | | REAL ESTATE J I | | | | 194 0 194 1 194 2 194 3 1 9 44 194 5 194 6 194 7 194 8 1 9 49 195 8 195 9 TOTAL CLAIMS 4.6 1.0 3.3 3.6 —0.6 -0.9 6.9 4.2 3.8 6.0 5.9 3.3 8.9 13.7 3.9 3.9 2.2 1.4 2.9 -1.0 -2.2 0.8 8.3 4.8 3.8 2.8 6.6 6.6 3.3 9.9 15.6 21.7 3.0 2.4 3.8 4.2 3.4 -1.4 -2.8 3.5 5.2 7.1 7.2 4.7 6.1 6.5 4.5 18.6 10.1 11.1 6.0 TOTAL 1 1 1 TOTAL CCC LOANS DEBT | EQUITIES EXCLUDING! r r r i oam c I — w l L LUAINSI. 3.5 14.8 17.3 14.5 11.3 9.9 12.5 9.8 5.5 -0. 1 4.3 -0,0 -5.4 -10.4 -5.9 -5.3 6.4 9.8 23.1 9.5 41.3 -3.0 26.7 -23.8 16.0 -59.4 -76.5 29.2 1271.4 49.4 2.6 0.2 -7.4 -9.3 -7.5 -0.4 9.4 9.7 11.6 5.0 3.2 18.3 21.8 18.3 13.4 11.4 13.0 9.8 4.1 -1.0 14.6 10.3 -1.4 -1.8 2.5 3.0 5.2 4.6 9.0 0.8 4.8 12.2 10.0 5.2 4.3 6.4 2.9 5.5 15.9 4.8 - 5 2 e8 -27 .6 101.4 101.9 -7.2 -15.7 -16.4 -22.3 103.5 -52.9 14.0 14.8 6.1 -2.5 6.2 9.6 5.1 8.0 10.3 -1.5 15.6 10.1 -2.5 —2.6 2.3 2.6 5.5 4.5 8.2 0.3 0.2 4.0 3.8 3.5 3.5 7.0 5.1 5.1 5.1 4.0 5.7 8.7 10.3 9.6 7.0 10.5 8.3 7.6 6.5 5.1 19.3 34.2 10.1 -6.3 -19.9 -8.7 -17.8 22.7 88.1 0.2 5,0 7.3 10.3 10.7 8.6 11.3 9.2 7.2 3.9 5.4 -0.5 3.3 2.8 2.5 2.9 6.3 4.5 4.6 4.9 3.8 3.6 8.1 12.7 22.1 8.5 12.4 13.2 2.7 8.5 10.5 13.5 10.4 11.0 13.0 -29.9 20.6 -20.7 -58.1 -57.5 12.2 182.7 4.5 8.1 11.8 15.5 11.1 11.0 12.4 3.8 8.1 13.2 23.8 8.1 12.7 13.2 TABLE 5 1 1 . 4 BALANCE SHEET OF THE FARMING SECTOR» CURRENT DOLLARS PERCENTAGE OF TOTAL JANUARY 1 ASSETS TOTAL 1940.....I 194 1 I 194 2 I 1 9 43 I 1 9 44 I 1945.....| 1946 I 1947.....| 1948 I 1949..... I 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 63.4 62.7 59.6 56.3 57.0 57.2 59.0 58.8 57.6 56*8 195 0 I 195 1 j 1952.....I 1953 1 1954.....I 1955.....I 1956.. . • • I 1957 | 1958..... I 1959.....| 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 I YEAR TOTAL PHYSICAL FINANCIAL 36.6 37.3 40.4 43.7 43.0 42.8 41.0 41.2 42.4 43.2 28.4 28.7 31.4 33.4 31.3 29.5 8.1 8.6 9.0 10.3 11.7 13.3 14.4 13.7 12.5 11.9 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 57.6 58.0 57.8 59.6 59.8 60.5 61.7 63.2 63.6 62.8 42.4 42.0 42.2 40.4 40.2 39.5 38.3 36.8 36.4 37.2 30.6 31.6 32.5 30.4 29.9 29.2 28.1 11.8 10.4 9.7 10.0 10.3 10.3 10.3 9.8 9.5 9.1 100.0 65.1 196 2 I 1 9 63 1 1964..... I 100.0 100.0 100.0 65.8 65.9 67.2 196 6 1 9 67 196 8 1 9 69 1 I I I 100.0 100.0 100.0 100.0 68.7 68.9 69.3 69.0 34.9 34.4 34.2 34.1 32.8 31.4 31.3 31.1 30.7 31.0 26.3 25.9 25.9 25.9 24.8 23.4 23.7 23.6 23.4 23.7 1970..... I 1971.....j 1972.....I 100.0 100.0 100.0 68.5 68.6 68.3 1 1 1 1 100.0 100.0 100.0 100.0 69.0 71.8 72.4 74.1 31.5 31.4 31.7 31.9 31.0 24.3 24.2 24.6 25.2 25.2 22.5 22.3 I I960 1961.....I 1965.....I 1973.....j 9 9 9 9 7 7 7 7 4 5 6 7 . . . . . . . . ... ... ... ... j I I I I 100.0 100.0 100.0 65.6 68.6 68.1 j TOTAL 28.2 27.6 25.9 26.6 27.5 29.8 31.3 28.0 27.1 26.9 21.0 I |PROPRIETORS' I EQUITIES LIABILITIES NON—REAL—ESTATE REAL ESTATE TOTAL CCC LOANS 18.9 19.1 16.6 13.4 10.5 8.9 7.6 7.2 7.2 8.4 0.8 1.1 1.0 1.0 0.7 0.7 0.3 0.1 0.1 0.9 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 9.2 8.5 8.6 9.6 10.3 10.4 10.8 10.6 10.7 11.3 1.3 0.5 0.3 0.7 1.4 1.3 1.1 0.9 0.6 1.2 8.6 8.5 8.3 8.2 8.0 7.9 7.6 7.4 7.3 7.3 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 11.8 12.4 13.0 13.8 14.6 15.1 15.6 16.0 16.4 16.6 0.6 0.7 0.8 0.9 0.8 0.6 0.5 0.4 0.5 0.9 7.2 7.2 7.0 6.7 5.9 5.7 5.3 4.9 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 16.8 16.7 16.7 16.4 15.2 15.5 15.3 15.3 0.8 0.6 0.6 0.5 0.2 0.1 0.1 0.2 , DEBT EXCLUDING! (XC LOANS I 18.1 81.1 17.9 15.7 12.4 9.8 86.6 8.1 7.4 7.2 7.2 7.6 8.0 80.9 83.4 89.5 91.1 92.4 92.8 92.8 91.6 10.1 90.8 91.5 91.4 90.4 89.7 89.6 89.2 89.4 89.3 88.7 11.2 88.2 7.9 8.2 8.9 8.8 9.1 9.7 9.7 10.0 12.1 87.6 87.0 12.9 13.8 14.4 15.0 15.6 15.9 15.8 85.4 84.9 84.4 84.0 83.6 83.4 11.7 16.0 16.1 16.1 16.0 15.1 15.5 15.3 15.2 86.2 83.2 83.3 83.3 83.6 84.8 84.5 84.7 84.7 TABLE 5 1 2 . 1 BALANCE SHEET OF THE FARMING SECTOR, JANUARY I N 1 9 6 7 DOLLARS AMOUNTS I N MILLIONS OF DOLLARS 1 CLAIMS YEAR NON-REAL-ESTATE REAL TOTAL LIABILITIES I TOTAL PHYSICAL 1940. 1941. 1942. 1943. 1944. 1945. 1946. 1947. 1948. 1949. 141108. 144784. 143815. 150553. 156308. 169347. 179138. 163670. 162689. 175081. 89511. 90793. 85746. 84788. 90235. 96931. 105682. 96267. 93754. 99486. 51597. 53990. 58070. 65765. 68073. 72416. 73456. 67403. 68935. 75595. 40109. 41564. 45174. 50322. 49629. 49923. 47627. 44979. 48549. 54748. 11488. 12426. 12896. 15444. 18444. 22493. 25829. 22425. 20385. 20847. 1950. 1951. 1952. 1953. 1954. 1955. 1956. 1957. 1958. 1959. 182259. 191262. 202437. 201086. 197382. 201651. 207663. 212142. 216450. 234253. 104988. 110871. 116980. 119764. 118091. 121902. 128207. 133973. 137561. 147036. 77271. 80391. 85457. 81322. 79291. 79749. 79455. 78170. 78889. 87217. 55824. 60521. 65721. 61227. 58930. 58965. 58150. 57465. 58240. 65795. 21447. 19870. 19736. 20096. 20361. 20783. 21306. 20704. 20649. 21423. 1960. 1961. 1962. 1963. 1964. 1965. 1966. 1967. 1968. 1969. 234593. 233537. 241263. 247078. 254832. 257744. 270341. 277001. 283832. 286088. 152823. 153217. 158855. 162823. 171327. 176900. 185591. 190894. 196628. 197466. 81770. 80321. 82408. 84256. 83505. 80844. 84750. 86107. 87204. 88622. 61633. 60546. 62491. 64032. 63179. 60377. 64110. 65498. 66344. 67784. 20137. 19775. 19917. 20223. 20326. 20467. 20641. 20609. 20860. 20838. 1970. 1971. 1972. 1973. 1974. 1975. 1976. 1977. 282598. 282444. 293541. 316182. 347297. 327112. 344930. 368269. 193518. 193627. 200620. 215225. 239551. 234832. 249634. 272895. 89080. 88817. 92921. 100956. 107745. 92280. 95296. 95374. 68614. 68372. 72245. 79797. 87347. 73735. 76848. 77194. 20466. 20445. 20675. 21160. 20398. 18545. 18448. 18181. I PROPRIETORS TOTAL FINANCIAL! i 1 1 1 |1 |1 |1 1I |1 |1 |1 | | | | | | | | | | | j | | | | | | | | | | j | | | | | | | | L TOTAL 141108. 144784. 143815. 150553. 158308. 169347. 179138. 163670. 162689. 175081. CCC LOANS DEBT I EXCLUDING! EQUITIES 26705. 27634. 23906. 20176. 16607. 15010. 13685. 11830. 11757. 14763. 1184. 1660. 1393. 1575. 1103. 1229. 480. 91. 107. 1496. 25521. 25974. 22513. 18601. 15505. 13781. 13205. 11738. 11651. 13267. 114403. 117150. 119910. 130377. 141701. 154337. 165453. 151841. 150931. 160318. 182259. 191262. 202437. 201086. 197382. 201651. 207663. 212142. 216450. 234253. 16850. 16162. 17399. 19272. 20270. 21061. 22411. 22407. 23061. 26533. 2328. 1006. 699. 1417. 2861. 2646. 2230. 1810. 1373. 2775. 14521. 15156. 16700. 17855. 17410. 18415. 20181. 20596. 21688. 23758. 165409. 175100. 185038. 181814. 177112. 180590. 185251. 189736. 193389. 207720. 234593. 233537. 241263. 247078. 254832. 257744. 270341. 277001. 283832. 286088. 27604. 28968. 31283. 34029. 37156. 38868. 42104. 44445. 46667. 47627. 1298. 1538. 2051. 2228. 2081. 1630. 1458. 1168. 1398. 2521. 26306. 27430. 29233. 31801. 35075. 37238. 40646. 43277. 45269. 45106. 206989. 204570. 209979. 213049. 217675. 218876. 228237. 232556. 237165. 238460. 282598. 282444. 293541. 316182. 347297. 327112. 344930. 368269. 47531. 47121. 49134. 51887. 52956. 50749. 52848. 56350. 2399. 1622. 1880. 1424. 536. 198. 208. 555. 45133. 45499. 47254. 50463. 52419. 50551. 52640. 55795. 235067. 235323. 244407. 264295. 294341. 276363. 292081. 311919. TABLE 5 1 2 . 2 BALANCE SHEET OF THE FARMING SECTOR I N 1 9 6 7 DOLLARS CHANGE DURING YEAR I N M I L L I O N S OF DOLLARS — 1 YEAR 1940.... 1941.... 1942.... 1943.... 1944.... 1945.... 1946,... 1947.... 1948.... 1949.... 1950.... 1951.... 1952.... 1953.... 1954.... 1955.... 1956.... 1957.... 1958.... 1959.... I TOTAL 1 i1 1 .| 3676. .1 -969. .I 6738. .1 7755. .I 11039. .1 9791. .1 - 1 5 4 6 7 . .| -981. .1 12392. .1 7178. 1 .| 9003. .1 11175. .1 -1351. . | -3704. .1 4268. .| 6012. .| 4480. .| 4307. . | 17804. .| 340. 1 . .| . .| .,.t .,.| .,.| .,.I .,.| . , . 1 1970..., 1971... 1972..., 1973... 1974..., 1975... 1976... I960... 1961... 1962... 1963... 1964... 1965... 1966... 1967... 1968... 1969... CLAIMS ASSETS 1 • 1 1 -1056. 7725. 5816. 7754. 2912. 12597. 6660. 1 1 J1L NON-REAL-ESTATE REAL ESTATE 1 1 TOTAL TOTAL PHYSICAL FINANCIAL 1 1 1 1 1 LIABILITIES TOTAL CCC LOANS 1 1 PROPRIETORS' DEBT 1 EQUITIES EXCLUDINGl CCC LOANS 1 1283. -5048. -958. 5447. 6696. 8751. -9415. -2513. 5732. 5502. 2393. 4079. 7696. 2308. 4343. 1040. -6052. 1531. 6660. 1676. 1455. 3609. 5148. -692. 293. -2296. -2648. 3571. 6198. 1076. 938. 470. 2548. 3000. 4049. 3336. -3405. -2039. 462. 600. 3676. -969. 6738. 7755. 11039. 9791. -15467. -981. 12392. 7178. 929. -3728. -3730. -3569. -1597. -1325. -1855. -72. 3005. 2087. 476. -267. 182. -473. 126. -749. -388. 16. 1389. 833. 453. —3461 * -3912. -3096. -1723. -576. -1467. -88. 1616. 1254. 2747. 2760. 10468. 11323. 12636. 11116. -13612. -909. 9387. 5091. 5883. 6109. 2784. -1672. 3811. 6305. 5766. 3588. 9476. 5787. 3121. 5066. -4135. -2031. 458. -293. -1286. 719. 8328. -5447. 4697. 5200. -4495. -2297. 36. -816. -684. 775. 7554. -4161. -1577. -134. 360. 266. 422. 522. -602. —55. 774. -1286. 9003. 11175. -1351. -3704. 4268. 6012. 4480. 4307. 17804. 340. —688 . 1237. 1873. 998. 791. 1350. -4. 654. 3472. 1071. -1323. -307. 719. 1444. -215. —416. -420. -438. 1402. -1477. 635. 1544. 1155. -445. 1005. 1766. 415. 1092. 2070. 2548. 9691. 9938. -3224. -4702. 3478. 4662 . 4484. 3653. 14332. -731. 394. 5638. 3968. 8504. 5573. 8691. 5303. 5734. 838. -3948. -1449. 2087. 1848. -751. —2661. 3906. 1357. 1097. 1418. 458. -1088. 1945. 1541. -853. -2803. 3733. 1388. 846. 1440. 830. -362. 142. 306. 103. 141. 173. -31. 251. -22. -372. -1056. 7725. 5816. 7754. 2912. 12597. 6660. 6831. 2256. -3490. 1364. 2316. 2746. 3127. 1711. 3236. 2340. 2222. 960. -96. 240. 513. 177. -147. -452. -171. -290. 230. 1123. -123. 1124. 1803. 2568. 3274. 2163. 3408. 2631. 1992. —163. 27. -2420. 5410. 3070. 4626. 1201. 9361. 4320. 4609. 1295. -3394. 109. 6993. 14605. 24326. -4720. 14802. 23261. —263 . 4103. 8036. 6789. -15465. 3016. 78. -243. 3873. 7552. 7550. —13612. 3113. 346. -20. 230. 484. -762. -1853. -97. -268. -154. 11097. 22641. 31115. -20184. 17818. 23340. -410. 2012. 2753. 1069. -2207. 2099. 3502. -776. 258. —456. -887. -339. 10. 347. 366. 1755. 3210. 1956. -1868. 2089. 3155. 256. 9084. 19888. 30046. -17978. 15719. 19838. TABLE 512.3 BALANCE S H E E T OF THE FARMING S E C T O R I N 1 9 6 7 DOLLARS PERCENTAGE CHANGE D U R I N G YEAR 1 1 YEAR 1 1 1 1 1 1 . 1 •1 . 1 .1 . 1 . 1 .1 .1 . 1 . 1 I 1950.... . 1 1951.... . 1 1 9 5 2 . . . . .1 1 9 5 3 . . . . .1 1 9 5 4 . . . . • 1 1955.... . 1 1 9 5 6 . . . . . 1 1 9 5 7 . . . . .1 1958.... . 1 1 9 5 9 . . . . .1 I I 9 6 0 . . . . .1 1961....,. 1 1 9 6 2 . . . . ,. 1 1 9 6 3 . . . . , .1 1964....,. 1 1 9 6 5 . . . . , .1 1 9 6 6 . . . . . .1 196 7 . 1 196 8 > 1 196 9 ,1 I 197 0 ,1 197 1 ,1 197 2 1 197 3 ,| 197 4 1 197 5 1 197 6 1 1 1 9 4 1 9 4 194 194 194 194 194 194 1 9 4 194 0 . . . . 1 . . . . 2.... 3.... 4.... 5.... 6.... 7.... 8 . . . . 9.... ASSETS 1 t | 1 NON-REAL-ESTATE TOTAL 1 1 REAL ESTATE TOTAL PHYSICAL f FINANCIAL| 1 CLAIMS LIABILITIES TOTAL 1 TOTAL CCC L O A N S 2.6 -0.7 4.7 5.2 7.0 5.8 -8.6 -0.6 7.6 4.1 1 .4 - 5 . 6 - 1 . 1 6 .4 7.4 9.0 - 8 . 9 —2 . 6 6.1 5.5 4.6 7.6 13.3 3.5 6.4 1.4 -8.2 2.3 9.7 2.2 3.6 8.7 11.4 -1.4 0.6 —4 . 6 -5.6 7.9 12.8 2.0 8.2 3.8 19.8 19.4 22.0 14.8 -13.2 -9.1 2.3 2.9 1 | | | | | | | | | | 2.6 -0.7 4.7 5.2 7.0 5.8 - 8 . 6 —0.6 7.6 4.1 3.5 -13.5 -15.6 -17.7 -9.6 —8.8 -13.6 -0.6 25.6 14.1 40.2 —16.1 13.1 -30.0 11.4 —61 . 0 -80.9 17.0 1299.1 55.7 4.9 5.8 -0.7 -1.8 2.2 3.0 2.2 2.0 8.2 0.1 5.6 5.5 2.4 -1 .4 3.2 5.2 4.5 2.7 6.9 3.9 4.0 6.3 -4.8 -2.5 0.6 -0.4 —1.6 0.9 10.6 -6.2 8.4 8.6 —6.8 -3.8 0.1 -1.4 -1.2 1.3 13.0 - 6 . 3 - 7 . 4 -0.7 1.8 1.3 2.1 2.5 -2.8 - 0 . 3 3.7 —6.0 | | | ( | | | | | | 4.9 5.8 -0.7 —1. 8 2.2 3.0 2.2 2.0 8.2 0.1 -4.1 7.7 10.8 5.2 3.9 6.4 -0.0 2.9 15.1 4.0 -0.5 3.3 2.4 3.1 1.1 4.9 2.5 2.5 0.8 -1.2 0.3 3.7 2.5 5.2 3.3 4.9 2.9 3.0 0.4 - 2 . 0 -1.8 2.6 2.2 -0.9 -3.2 4.8 1.6 1.3 1.6 0.5 —1.8 3.2 2.5 -1.3 -4.4 6.2 2.2 1.3 2.2 1.2 -1.8 0.7 1.5 0.5 0.7 0.8 -0.2 1.2 -0.1 -1.8 | | | | | | | | | | -0.5 3.3 2.4 3.1 1.1 4.9 2.5 2.5 0.8 -1.2 -0.1 3.9 7.7 9.8 -5.8 5.4 6.8 0.1 3.6 7.3 11.3 - 2 . 0 6.3 9.3 —0 . 4 5.7 10.5 9.5 —15 . 6 4.2 0.5 -0.1 1.1 2.3 —3 . 6 - 9 . 1 -0.5 -1.5 | | | j | | | 1 -0.1 3.9 7.7 9.8 -5.8 5.4 6.8 -0 4 8 6 -14 3 0 . . . . . . . 3 6 6 7 4 3 1 1 1 DDD DD T CTflD C « DEBT | EXCLUDING! err i niNsi EQUITIES 1.8 13.3 17.4 16.6 11.1 - 4 . 2 -11.1 -0.7 13.9 9.5 2.4 2.4 8.7 8.7 8.9 7.2 -8.2 —0.6 6.2 3.2 —56 . 8 -30.5 102.9 101.9 -7.5 -15.7 -18.8 -24.2 102.1 -53.2 4.4 10.2 6.9 —2.5 5.8 9.6 2.1 5.3 9.5 10.7 5.9 5.7 -1.7 - 2 . 6 2.0 2.6 2.4 1.9 7.4 —0.4 4.9 8.0 8.8 9.2 4.6 8.3 5.6 5.0 2.1 -0.2 18.5 33.3 8.6 —6.6 -21.7 -10.5 -19.9 19.7 80.3 -4.9 4.3 6.6 8.8 10.3 6.2 9.2 6.5 4.6 - 0 . 4 0.1 -1.2 2.6 1.5 2.2 0.6 4.3 1.9 2.0 0.5 - 1 . 4 -0.9 4.3 5.6 2.1 —4.2 4.1 6.6 -32.4 15.9 -24.3 -62 .3 -63.1 5.3 166.7 0. 3. 6. 3. - 3 . 4. 6. 0.1 3.9 8.1 11.4 -6.1 5.7 6.8 - 8 9 8 9 6 1 0 TABLE 5 1 2 . 4 BALANCE SHEET PERCENTAGE FARMING SECTOR, 1 9 6 7 DOLLARS DURING PREVIOUS JANUARY FIVE 1 YEARS TOTAL TOTAL PHYSICAL TOTAL FINANCIAL CCC LOANS L_ I 194 194 194 194 194 5 6 7 8 9 I I I I I I 1 I I 195 195 195 195 4 5 6 7 I I I I 195 8 195 9 I I 9 5 . 8 2 0 . 0 - 4 3 . 8 3 . 8 —46. 0 3 4 . 9 3 6 . 1 2 3 . 7 - 7 1 . 1 - 9 3 . 4 - 3 . 5 3 2 . 0 8 . 1 - 4 1 . 7 10.6 11.0 13.0 - 1 1 . 1 15.8 1 3 . 1 1 0 . 3 10.6 - 9 3 . 2 3 5 . 6 - 3 7 . 4 1 0 . 6 16.1 4 . 8 13.8 - 5 0 . 5 - 5 0 . 5 - 4 9 . 2 - 4 7 . 9 1 2 . 3 107.9 7 3 . 9 4 1 . 2 1 6 . 4 14.6 - 0 . 4 6 . 7 11.8 - 4 . 7 7 . 6 12.3 5 . 4 8 . 3 4 . 9 8 9 . 5 7 . 6 9 . 4 - 2 3 . 1 6 . 8 2 6 . 8 - 1 2 . 0 2 3 . 7 18.1 4 7 . 1 1 0 9 . 7 14.8 4 2 . 3 2 1 . 5 2 7 . 1 4 6 . 1 2 3 . 6 2 7 . 7 26.1 - 1 . 4 2 3 . 6 6 3 . 9 12.7 1 8 . 7 18.0 4 . 9 7 . 6 - 2 . 3 1 2 . 7 3 7 . 3 3 . 2 5 . 6 - 3 . 1 1 0 . 6 2 5 . 0 - 3 . 9 7 . 2 4 . 9 8 . 6 4 . 8 2 3 . 7 13.8 6.8 23.7 10.6 I 1 9 6 1 . . . . . I 196 2 I 196 3 I 1 6 . 1 1 5 . 6 10.3 - 1 4 . 4 26.6 7 . 2 5 . 8 1 2 2 5 . 7 9 1 . 3 1 3 . 7 5 3 . 3 2 1 . 9 2 0 . 5 3 1 . 2 2 6 . 8 10.5 9 . 2 38.7 121.8 3 3 . 2 28.8 159.1 2 3 . 3 6 6 4 . 4 4 . 8 7 . 6 1 4 . 5 - 1 . 2 - 8 . 5 1 4 . 9 - 3 . 0 - 1 2 . 6 - 4 . 9 2 . 8 7 . 6 19.7 2 1 . 5 10.0 11.6 5 . 2 1 8 . 7 3 0 . 9 3 6 . 5 1 7 . 3 18.7 2 4 . 5 - 3 . 1 - 3 . 0 5 . 8 2 . 5 6 . 4 2 . 5 4 . 5 - 3 . 1 16.3 3 1 . 1 4 2 . 9 1 4 . 6 2 5 . 4 - 5 1 . 0 16.3 12.5 4 . 1 8 . 7 9 . 9 - 12.5 1 3 . 7 1 4 . 2 8 . 8 9 . 9 2 9 . 3 3 9 . 6 4 7 . 6 - 3 1 . 0 1 3 . 3 6 2 . 3 3 5 . 9 1 0 . 4 1 0 . 7 4 0 . 0 4 0 . 8 15.8 14.8 14.9 4 5 . 3 4 2 . 1 3 7 . 1 - 2 5 2 5 - 5 - 4 3 12.3 28.2 2 1 . 2 8.6 I 196 0 EQUITIES 24.5 8 . 3 I 0 1 2 3 I EXCLUDING! r.r.c L O A N S I 4 0 . 3 20.0 8.1 195 195 195 195 (PROPRIETORS' DEBT TOTAL ESTATE I LIABILITIES NON-REAL-ESTATE REAL I I I THE IN CHANGE ASSETS I l__ I YEAR OF 13.7 14.2 1 9 . 5 1 8 . 6 1 8 . 4 1 6 . 5 1 5 . 8 1 5 6 - 4 . . . . 1 4 8 3 7 . 2 3 . 8 2 . 1 5 . 1 1 . 6 4 . 4 . . . . 0 5 2 0 4 1 . 9 4 6 . 6 4 7 . 6 10.2 4 . 8 1964 I 8.8 196 5 I 9 . 9 1966 196 7 I I 14.8 2 1 . 1 2 0 . 2 - 1 . 1 5 . 5 4 . 5 2 0 . 8 3 . 5 3 . 6 3 . 5 3 . 1 7 . 3 2 . 5 13.6 6 . 6 - 0 . 0 9 . 6 4 . 5 2 2 . 3 11.9 4 7 . 2 —0.9 0 . 3 6 . 0 10.6 9 . 2 5 . 1 1.4 11.4 11.2 - 2 . 1 - 9 . 4 2 1 . 4 11.2 6 . 8 6 1 . 0 1.8 - 7 8 . 7 11.5 16.2 1 1 . 4 2 3 . 4 - 9 . 8 2 2 . 1 - 9 1 . 8 - 8 7 . 2 12.0 15.7 2 4 . 1 - 1 2 . 1 2 5 . 5 - 7 0 . 5 18.1 2 7 . 6 15.8 196 8 I 14.9 196 9 I 1 2 . 3 1 5 . 3 6 . 1 10.2 4 . 8 7 . 9 I 197 0 I 9 . 6 9 . 4 197 1 197 2 I I 4 . 5 4 . 3 6.0 5 . 1 197 3 1 11.4 9 . 5 197 4 1 2 1 . 4 2 1 . 3 15.8 2 1 . 3 25.5 2 8 . 9 3 6 . 0 197 5 I 197 6 197 7 I I 22.1 L —4.0 - 2 . 0 5 . 9 4 . 8 10.3 15.8 2 1 . 6 2 0 . 3 28.9 3 . 6 7 . 3 7 . 5 2 . 6 12.4 6 . 8 15.8 12.2 14.7 - 3 7 . 2 1 1 . 3 4 1 . 6 4 8 . 2 4 8 . 0 5 . 7 11.6 10.8 4 2 . 3 2 8 . 6 11.3 2 1 . 2 11.9 7 . 4 9 . 5 3 . 1 1 7 . 6 48 TABLE 5 2 1 . 1 A S S E T S OF THE FARMING S E C T O R , JANUARY CURRENT DOLLARS AMOUNTS I N M I L L I O N S OF DOLLARS 1 PHYSICAL YEAR TOTAL TOTAL FINANCIAL MACHINERY REAL LIVESTOCK MOTOR STORED CROPS HOUSEHOLD EQUIPMENT TOTAL BANK D E P O S I T S CURRENCY DEMAND TIME U.S. SAVINGS BONDS INVESTMENTS COOPERATIVES 1940... 1941... 1942... 1943... 1944... 1945... 1946... 1947... 1948... 1949... 53025. 54856. 62975. 73874. 64562. 94140. 103477. 116399. 127827. 134845. 48708. 50148 57328. 66296. 74710. 81636. 88557. 100451. 111810. 118789. 33636 34400 37547. 41604. 48200. 53884. 61046. 68463. 73664. 76623. 3060 3254 3988. 4948. 5439. 6474. 5388. 5338. 7366. 10068. 5133 5325. 7073. 9643. 9684. 9011. 9717. 11916. 13257. 14426. 2963. 3849. 5081. 6081. 6683. 6274. 7080. 9021. 8562. 4213. 4206. 4871. 5020. 5306. 5584. 6132. 7654. 8502. 9110. 4317. 4708. 5647. 7578. 9852. 12504. 14920. 15948. 16017. 16056. 742. 818. 1128. 1568. 2042. 2592. 3038. 3070. 283 2. 2744. 1286. 1408. 1753. 2503. 3044. 3631. 4377. 4950. 4997. 4736. 1255. 1312. 1371. 1490. 1683. 1975. 2179. 2102. 2102. 3379. 4152. 4212. 4375. 4597. 1950... 1951... 1952... 1953... 1954... 1955... 1956... 1957... 1958... 1959... 829. 874. 943. 1024. 1114. 1219. 1378. 1537. 1711. 1877. 134713. 154435. 170374. 167988. 164894. 169086. 174127. 183154. 191578. 208791. 118861. 138391. 153764. 151200. 147884. 151659. 156262. 165279. 173302. 189697. 77600. 89523. 98452. 100051. 98654. 102216. 107503. 115666. 121754. 131054. 12166. 14131. 16674. 17395. 18437. 18595. 19339. 20240. 20145. 21835. 12894. 17100. 19527. 14781. 11745. 11210. 10628. 10997. 13857. 17655. 7591. 7907. 8773. 9031. 9171. 9646. 8340. 8336. 7618. 9337. 8610. 9730. 10338. 9942. 9877. 9992. 10452. 10040. 9928. 9816. 15852. 16044. 16610. 16788. 17010. 17427. 17865. 17875. 18276. 19094. 2510. 2362. 2452. 2334. 2258. 2235. 2234. 2016. 2045. 2010. 4465. 4619. 4801. 4801. 4736. 4661. 4661. 4708. 4545. 4888. 2102. 2102. 2169. 2301. 2432. 2530. 2582. 2634. 2897. 3069. 4720. 46 8 6 . 4707. 4632. 4732. 4969. 5168. 5063. 5116. 5181. 1960... 1961... 1962... 1963... 1964... 1965... 1966... 1967... 1968... 1969... 2055. 2275. 2481. 2720. 2852. 3032. 3220. 3454. 3673. 3946. 210551. 211054. 219534. 227895. 235838. 244051. 261048. 274404. 288267. 303074. 192478. 193183. 201411. 209242. 217027. 224671. 241117. 253988. 267081. 280999. 137161. 138466. 144548. 150181. 158557. 167502. 179211. 189104. 199700. 209190. 22745. 22205. 22516. 23454. 23935. 24826. 26005. 27443. 29808. 31271. 15248. 15607. 16428. 17307. 15868. 14494. 17585. 18973. 18831. 20248. 7737. 7998. 8774. 9291. 9815. 9206. 9706. 10004. 9619. 10611. 9587. 8907. 9145. 9009. 8852. 8643. 8610. 8464. 9123. 9679. 18073. 17871. 18123. 18653. 18811. 19380. 19931. 20416. 21186. 22075. 1903. 1803. 1813. 1905. 1805. 1842. 1880. 1880. 1925. 1981. 4325. 4025. 4045. 3965. 3925. 4004. 4084. 4084. 4185. 4303. 2940. 2894. 2956. 3296. 3495. 3733. 4032. 4355. 4790. 5199. 4663. 4625. 4463. 4424. 4229. 4206. 4054. 3922. 3787. 3753. 1970... 1971... 1972... 1973... 1974... 1975... 1976... 1977... 4242. 4524. 4846. 5063. 5357. 5595. 5881. 6175. 6499. 6839. 315273. 326576. 353166. 398191. 486215. 527468. 592848. 670940. 292441. 302936. 328291. 371543. 457658. 4975 64. 561140. 637817. 215893. 223881. 241371. 271049. 335372. 378666. 429058. 497180. 32299. 34372. 36612. 39282. 44223. 55742. 65034. 72322. 23480. 23707. 27274. 34081. 42378. 24570. 29513. 29078. 10921. 10697. 11836. 14480. 22087. 23274. 21305. 21862. 9848. 10279. 11198. 12651. 13598. 15312. 16230. 17375. 22832. 23640. 24875. 26648. 28557. 29904. 31708. 33123. 2010. 2044. 2094. 2184. 2174. 2050. 4367. 4457. 4557. 4758. 4949. 4890. 5010. 5085. 5514. 5933. 6500. 7082. 7754. 8120. 8610. 8955. 3740. 3588. 3676. 3991. 4166. 4331. 4412. 4365. 7201. 7618. 8048. 8633. 9514. 10513. 11676. 12788. 2666. 2000. 1930. 1211. 249. 353. 511. 1112. 2162. TABLE 5 2 1 . 2 I I YEAR | TOTAL I I I I 1831. 1940...I 8119. 1941...I 10899. 1942...I 10688. 1943...I 9578. 1944...I 9337. 1945...I 12922. 1946...I 11428. 1947...I 7018. 1948...I — 132 . 1949...I I 19722. 1950...I 15939. 1951...I -2386. 1952...I -3094. 1953...I 4192. 1954...I 5041. 1955...I 9027. 1956...I 8424. 1957...I 17213. 1958...| 1760. 1959...I I 503. 1960...I 8480. 1961...I 8361. 1962... I 7943. 1963...I 8213. 1964...I 16997. 1965...I 13356. 1966...I 13863. 1967... | 14807. 1968... I 12199. 1969... I I 11303. 1970...I 26590. 1971...I 45025. 1972...I 88024. 1973...I 41253. 1974... | 65380. 1975...I 78092. 1976... I A S S E T S OF THE FARMING SECTOR CURRENT DOLLARS CHANGE DURING YEAR I N MILLIONS OF DOLLARS FINANCIAL PHYSICAL TOTAL MACHINERY AND LIVESTOCK MOTOR REAL ESTATE STORED CROPS .yEhlCLES HOUSEHOLD EQUIPMENT AND FURNISHINGS BANK D E P O S I T S TOTAL CURRENCY DEMAND TIME INVESTMENTS U.S. IN SAVINGS COOPERATIVES BONDS -7. 665. 149. 286. 278. 548. 1522. 848. 608. —500 . 391. 939. 1931. 2274. 2652. 2416. 1028. 69. 39. -204. 76. 310. 440. 474. 550. 446. 32. -238. -88. -234. 122. 345. 750. 541. 587. 746. 573. 47. —261. -271. 44. 57. 59. 119. 193. 292. 204. -77. 0. 0. 104. 158. 601. 1050. 1217. 773. 60. 163. 222. 123. 45. 69. 81. 90. 105. 159. 159. 174. 166. 178. 316. 1120. 608. 258. 140. 475. —1306. -4. -718. 1719. -396. —65 . 115. 460. -412. 192. 566. 178. 222. 417. 438. 10. 401. 818. -1021. -148. 90. -118. -76. -23. -1. -218. 29. -35. -107. 154. 182. 0. —65 . -75. 0. 47. -163. 343. -563. 0. 67. 132. 131. 98. 52. 52. 263. 172. -129. —34. 21. -75. 100. 237. 199. -105. 53. 65. -518. 220. 206. 239. 132. 180. 188. 234. 219. 273. 296. 297. —50. 2028. 2702. 2098. 192. 1748. 2570. 41. -673. 706. 2199. 1341. 1169. -1532. 11923. 8929. 1599. -1397. 3562. 5287. 8163. 6088. 9300. 6107. 1965. 2543. 721. 1042. 158. 744. 901. -95. 1690. 910. 4206. 2427. -4746. -3036. -535. -582. 369. 2860. 3798. -2407. -540. 311. 938. 481. 891. 1179. 1438. 2365. 1463. 1028. 359. 261. 7831. 7785. 7644. 16446. 12871. 13093. 13918. 11442. 1305. 6082. 5633. 8376. 8945. 11709. 9893. 10596. 9490. 6703. 879. -1439. -1374. 3091. 1388. -142. 1417. 3232. 776. 517. 524. -609. 500. 298. -385. 992. 310. 238. -136. -157. -209. —33 . -146. 659. 556. 169. -202. 252. 530. 158. 569. 551. 485. 770. 889. 757. -100. 10. 92. -100. 37. 38. 0. 45. 56. 29. -300. 20. -80. -40. 79. 80. 0. 101. 118. 64. —46. 62. 340. 199. 238. 299. 323. 435. 409. 315. -38. -162. —39 . -195. -23. -152. -132. -135. -34. -13. 282. 322. 217. 294. 238. 286. 294. 324. 340. 362. 10495. 25355. 43252. 86115. 39906. 63576. 76677. 7988. 17490. 29678. 64323. 43294. 50392. 68122. 2073. 2240. 2670. 4941. 11519. 9292. 7288. 227. 3567. 6807. 8297. -17808. 4943. -435. -224. 1139. 2644. 7607. 1187. -1969. 557. 431. 919. 1453. 947. 1714. 918. 1145. 808. 1235. 1773. 1909. 1347. 1804. 1415. 34. 50. 90. -10. -124. -50. -70. 90. 100. 201. 191. -59. 120. 75. 419. 567. 582. 672. 366. 490. 345. -152. 88. 315. 175. 165. 81. -47. 417. 430. 585. 881. 999. 1163. 1112. 1440. 7180. 8968. 8414. 6926. 6921. 11894. 11359. 6979. 72. 764. 3147. 4057. 6596. 5684. 7162. 7417. 5201. 2959. 977. 19530. 15373. —2564. —3316. 3775. 4603. 9017. 8023. 16395. 2781. 705. 8228. 194. 734. 960. 491. 1035. -1086. 821. 886. 1232. 1000. 602. -409. 806. 1941. -459. -971. 866 . —1600. —112 . -112. -229. —680 . JL 49 50 TABLE 5 2 1 . 3 A S S E T S OF THE FARMING SECTOR CURRENT DOLLARS PERCENTAGE CHANGE DURING YEAR YEAR 1 1 | 1 1 i 1 1940...| 194t 1 . . . | 1942...| 1943...j 1944...| 1945 . . . 1 1946..*| 1947...j 1948...| 1949...| j 1950...| 1951...| 1952...j 19 5 3 . . . | 1954...j 1955...| 1956...j 1957 . . . j 1958...j 1959...j | 1960...| 1961...j 19 62 . . . | 1963...| 1964...| 1965...j 1966...j 1967...j 1968...| 1969...j | 1970...| 1971...| 1972...j 1973...| 1974...| 1975...j 1976...| PHYSICAL TOTAL TOTAL REAL ESTATE MACHINERY AND LIVESTOCK MOTOR VEHICLES FINANCIAL STORED CROPS HOUSEHOLD EQUIPMENT AND FURNISHINGS I | TOTAL | 1 BANK D E P O S I T S DEMAND TIME U.S. SAVINGS BONDS CURRENCY INVESTMENTS IN COOPERATIVES 3.5 14.8 17.3 14.5 11.3 9.9 12.5 9.8 5.5 —0 . 1 3.0 14.3 15.6 12.7 9.3 8.5 13.4 11.3 6.2 0.1 2.3 9.1 10.8 15.9 11.8 13.3 12.1 7.6 4.0 1.3 6.3 22.6 24.1 9.9 19.0 -16.8 -0.9 38.0 36.7 20.8 3.7 32.8 36.3 0.4 -6.9 7.8 22.6 11.3 8.8 —1 0 . 6 11.1 29.9 32.0 19.7 9.9 -6.1 12.8 27.4 -5.1 -11.3 -0.2 15.8 3.1 5.7 5.2 9.8 24.8 11.1 7.2 -5.5 | | | | | | | | | | 9.1 19.9 34.2 30.0 26.9 19.3 6.9 0.4 0.2 -1.3 10.2 37.9 39.0 30.2 26.9 17.2 1.1 -7.8 -3.1 -8.5 9.5 24.5 42.8 21.6 19.3 20.5 13.1 0.9 -5.2 -5.7 3.6 4.5 4.5 8.7 13.0 17.3 10.3 -3.5 0.0 0.0 41.8 44.8 117.6 94.4 56.3 22.9 1.4 3.9 5.1 2.7 5.4 7.9 8.6 8.8 9.4 13.0 11.5 11.3 9.7 9.5 14.6 10.3 -1.4 —1.8 2.5 3.0 5.2 4.6 9.0 0.8 16 . 4 11.1 -1.7 -2.2 2.6 3.0 5.8 4.9 9.5 1.5 15.4 10.0 1.6 —1 . 4 3.6 5.2 7.6 5.3 7.6 4.7 16.2 18.0 4.3 6.0 0.9 4.0 4.7 -0.5 8.4 4.2 32.6 14.2 -24.3 -20.5 -4.6 —5 . 2 3.5 26.0 27.4 -13.6 4.2 11.0 2.9 1.6 5.2 -13.5 -0.0 -8.6 22.6 -17.1 13.0 6.2 -3.8 -0.7 1.2 4.6 -3.9 -1.1 -1.1 -2.3 | | | | | | | 1 | | 1.2 3.5 1.1 1.3 2.5 2.5 0.1 2.2 4.5 —5 . 3 -5.9 3.8 -4.8 —3.3 -1.0 -0.0 -9.8 1.4 -1.7 -5.3 3.4 3.9 0.0 1.4 1.6 0.0 1.0 3.5 7.5 1.5 0.0 3.2 6.1 5.7 4.0 2.1 2.0 10.0 5.9 -4.2 -0.7 0.4 —1 . 6 2.2 5.0 4.0 -2.0 1.0 1 .3 -10.0 10.7 9.1 9.6 4.9 6.3 6.2 7.3 6.3 7.4 7.5 0.2 4.0 3.8 3.5 3.5 7.0 5.1 5.1 5.1 4.0 0.4 4.3 3.9 3.7 3.5 7.3 5.3 5.2 5.2 4.1 1.0 4.4 3.9 5.6 5.6 7.0 5.5 5.6 4.8 3.2 -2.4 1.4 4.2 2.1 3.7 4.7 5.5 8.6 4.9 3.3 2.4 5.3 5.4 -8.3 -8.7 21.3 7.9 -0.7 7.5 16.0 3.4 9.7 5.9 5.6 -6.2 5.4 3.1 -3.8 10.3 2.9 —7.1 2.7 -1.5 -1.7 -2.4 -0.4 -1.7 7.8 6.1 1.7 | | | | | | | | | | -1.1 1.4 2.9 0.8 3.0 2.8 2.4 3.8 4.2 3.4 -5.3 0.6 5.1 -5.2 2.0 2.1 0.0 2.4 2.9 1.5 -6.9 0.5 -2.0 -1.0 2.0 2.0 0.0 2.5 2.8 1.5 -1.6 2.1 11.5 6.0 6.8 8.0 8.0 10.0 8.5 6.1 -0.8 -3.5 -0.9 -4.4 -0.5 -3.6 -3.3 -3.4 -0.9 -0.3 6.6 7. 1 4.5 5.8 4.4 5.1 5.0 5.2 5.2 5.3 3.6 8.1 12.7 22.1 8.5 12.4 13.2 3.6 8.4 13.2 23.2 8.7 12.8 13.7 3.7 7.8 12.3 23.7 12.9 13.3 15.9 6.4 6.5 7.3 12.6 26.0 16.7 11.2 1.0 15.0 25.0 24.3 -42.0 20.1 -1.5 -2.1 10.6 22.3 52.5 5.4 -8.5 2.6 4.4 8.9 13.0 7.5 12.6 6.0 7.1 | | | | | j I 1 3.5 5.2 7.1 7.2 4.7 6.0 4.5 1.7 2.4 4.3 -0.5 -5.7 -2 .4 -3.5 2.1 2.2 4.4 4.0 -1.2 2.5 1.5 7.6 9.6 9.0 9.5 4.7 6.0 4.0 -4.1 2.5 8.6 4.4 4.0 1.9 -1.1 - -1 5.8 5.6 7.3 10.2 10.5 11.1 9.5 TABLE 521.4 ASSETS OF THE FARMING S E C T O R , JANUARY CURRENT DOLLARS PERCENTAGE OF TOTAL 1 FINANCIAL PHYSICAL YEAR TOTAL 1940.. 1941.. 1942.. 1943.. 1944.. 1945.. 1946.. 1947.. 1948.. 1949.. 100.0 100.0 100.0 100.0 100.0 100.0 1950.. 1951.. 1952.. 1953.. 1954.. 1955.. 1956.. 1957.. 1958.. 1959.. 100.0 I960.. 1961.. 1962.. 1963.. 1964.. 1965.. 1966.. 1967.. 1968.. 1969.. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1970.. 1971.. 1972.. 1973.. 1974.. 1975.. 1976.. 1977.. 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 TOTAL REAL ESTATE MACHINERY AND LIVESTOCK MOTOR VEHICLES 91.9 91.4 91.0 89.7 88.3 86.7 85.6 86.3 87.5 63.4 62.7 59.6 56.3 57.0 57.2 59.0 58.8 57.6 56.8 5.8 5.9 6.3 6.7 6.4 6.9 5.2 4.6 5.8 7.5 88.2 57.6 58.0 57.8 59.6 59.8 60.5 61.7 63.2 63.6 9.0 9.2 9.8 10.4 10.5 10.5 91.4 91.5 91.7 91.8 92.0 92.1 92.4 92.6 92.7 92.7 65.1 65.6 65.8 65.9 67.2 10.8 92.8 92.8 93.0 93.3 94.1 94.3 94.7 95.1 68.5 88.1 89.6 90.3 90.0 89.7 89.7 89.7 90.2 90.5 90.9 62.8 68.6 68.7 68.9 69.3 69.0 68.6 68.3 68.1 69.0 71.8 72.4 74.1 11.2 11.0 11.1 11.1 10.5 10.3 10.3 10.1 10.2 10.0 10.0 10.3 10.3 10.2 10.5 10.4 9.9 9.1 10.6 11.0 10.8 STORED CROPS HOUSEHOLD EQUIPMENT AND 2.4 2.6 2.8 3.4 3.6 3.9 4.2 4.3 3.9 3.5 2.3 2.3 2.1 1.9 1.8 1.8 1.9 1.9 1.6 1.6 0.5 0.6 0.8 1.5 2.6 3.6 4.0 3.6 3.4 3.4 1.6 1.6 1.5 1.4 1.3 1.3 1.3 1.3 1.3 1.4 5.5 5.2 4.7 11.8 10.4 9.7 10.0 10.3 10.3 10.3 9.8 9.5 9.1 1.9 1.5 1.4 1.4 1.4 1.3 1.3 1.1 1.1 1.0 3.3 3.0 2.8 2.9 2.9 2.8 2.7 2.6 2.4 2.3 1.6 1.4 1.3 1.4 1.5 1.5 1.5 1.4 1.5 1.5 3.5 3.0 2.8 2.8 2.9 2.9 3.0 2.8 2.7 2.5 1.5 1.5 1.5 1.6 1.7 1.8 1.8 1.9 1.9 1.9 3.7 3.8 4.0 4.1 4.2 3.8 3.7 3.6 3.3 3.5 4.6 4.2 4.2 4.0 3.8 3.5 3.3 3.1 3.2 3.2 8.6 8.5 8.3 8.2 8.0 7.9 7.6 7.4 7.3 7.3 0.9 0.9 0.8 0.8 0.8 0.8 0.7 0.7 0.7 0.7 2.1 1.9 1.8 1.7 1.7 1.6 1.6 1.5 1.5 1.4 1.4 1.4 1.3 1.4 1.5 1.5 1.5 1.6 1.7 1.7 2.2 2.2 2.0 1.9 1.8 1.7 1.6 1.4 1.3 1.2 2.0 2.1 2.2 2.2 2.3 2.3 2.3 2.3 2.3 2.3 3.5 3.3 3.4 3.6 4.5 4.4 3.6 3.3 3.1 3.1 3.2 3.2 7.2 7.2 7.0 6.7 5.9 5.7 5.3 4.9 0.6 0.6 0.6 0.5 0.4 0.4 0.3 0.3 1.4 1.4 1.3 1.2 1.0 0.9 0.8 0.8 1.7 1.8 1.8 1.8 1.6 1.5 1.5 1.3 1.2 1.1 1.0 1.0 0.9 0.8 0.7 0.7 2.3 2.3 2.3 2.2 2.0 2.0 2.0 1.9 6.9 7.2 7.1 10.2 6.1 6.1 10.4 10.7 7.1 6.3 6.7 9.6 6.4 6.3 7.2 8.5 5.6 5.1 5.1 5.4 5.6 5.7 4.8 4.6 4.0 4.5 7.2 7.4 7.5 7.6 6.7 5.9 6.7 6.9 6.5 6.7 7.4 7.3 7.7 8.8 7.1 6.6 6.1 6.0 8.6 8.7 4.7 5.0 4.3 TIME 1.4 1.5 1.8 2.1 2.4 2.8 2.9 2.6 2.2 2.0 13.1 11.5 9.6 9.4 11.5 DEMAND INVESTMENTS U.S. IN SAVINGS COOPERATIVES BONDS 8.1 8.6 9.0 10.3 11.7 13.3 14.4 13.7 12.5 11.9 7.9 7.7 7.7 5.0 5.4 11.1 CURRENCY FURNISHINGS 9.7 9.7 11.2 BANK D E P O S I T S TOTAL 6.1 6.8 6.3 5.9 5.9 6.6 6.8 6.1 5.9 6.0 5.9 6.0 2.8 2.9 2.7 2.6 51 TABLE 52 522.1 A S S E T S OF THE FARMING S E C T O R , JANUARY IN 1 9 6 7 PRICES AMOUNTS I N M I L L I O N S OF DOLLARS 1 PHYSICAL YEAR TOTAL TOTAL 1940. 1941. 1942. 1943. 1944. 1945. 1946. 1947. 1948. 1949. 1950. 1951. 1952. 1953. 1954. 1955. 1956. 1957. 1958. 1959. 1960. 1961. 1962. 1963. 1964. 1965. 1966. 1967. 1968. 1969. 1970. 1971. 1972. 1973. 1974. 1975. 1976. 1977. REAL ESTATE MACHINERY AND LIVESTOCK MOTOR VEHICLES FINANCIAL STORED CROPS HOUSEHOLD EQUIPMENT AND 195128. 197318. 200122. 202145. 202055. 202173. 201312. 203740. 206296. 213846. 156340. 157042. 157744. 158446. 159148. 159854. 159501. 161086. 162717. 164651. 9114. 9437. 10706. 10226. 9406. 9504. 10065. 10976. 13461. 16630. 14902. 15170. 16089. 17352. 18181. 17193. 16625. 15978. 15242. 15123. 6429. 7173. 7026. 8136. 7719. 8152. 7467. 75 1 9 . 6416. 8465. 8343. 8496. 8557. 7985. 7601. 7470 . 7654. 245617. ..1 249114. ••I 2 5 2 9 7 4 . ..1 256873. • • 1 261429. • • 1 264839. ••1 267730. • • 1 266502. ••I 2 6 7 7 2 1 . ••I 2 7 1 4 9 1 . 223903. 229058. 233200. 236400. 240430. 243325. 245399. 2 449 6 7. 246220. 249544. 171567. 173659. 175151. 177056. 178915. 180603. 182085. 183540. 184842. 186036. 19676. 22174. 24176. 24845. 26217. 26512. 26683. 26132. 25558. 25704. 15315. 15965. 16808. 17285. 17218. 17493. 17507. 16920. 16629. 17193. 8239. 7810. 7486. 7916. 9059. 9022. 8671. 9596. 11079. 9106. 9450. 9579. 9298. 9280. 9658. 270397. ..1 269764. • . 1 270380. ••I 2 7 1 3 9 3 . ••I 2 7 2 5 5 0 . • • 1 271744. • • 1 273854. ..1 2 7 4 4 0 4 . -.1 2 7 8 1 6 8 . ••I 2 8 0 7 4 8 . 249860. 249455. 250017. 250895. 252103. 250905. 253307. 253988. 257191. 25952 1. 186891. 187049. 186956. 187110. 187505. 187840. 188300. 189104. 189397. 189820. 26292. 25818. 25399. 25374. 25578. 25983. 26637. 27443. 28520. 28649. 17682. 17497. 17906. 18528. 18961. 18899. 18760. 18973. 19084. 19336. 281577. 281665. 286034. 287383. 289620. * • i 288582. »• i 2 8 9 1 3 9 . »• i 2 8 8 1 2 5 . 260821. 261460. 265476. 267497. 271545. 271494. 272363. 271311. 190963. 192292. 193738. 195216. 197164. 198711. 198595. 198484. 28644. 28805. 28610. 28925. 30255. 30904. 30955. 30876. 19554. ••I ..1 ••I ••I | ••I | ••I | ..1 • • 1 • • 1 • • 1 20211. 20507. 20899. 21859. 22200. 21420. 20832. CURRENCY FURNISHINGS 207120. 210042. 213568. 218269. 221001. 224907. 227488. 227905. 227098. 235255. ..1 • * • • I ..1 ••1 ..1 BANK D E P O S I T S TOTAL U.S. INVESTMENTS SAVINGS IN BONDS COOPERATIVES DEMAND TIME 3572. 3805. 4174. 5326. 5854. 3364. 3392. 3124. 2917. 2865. 3060. 3465. 3302. 2730. 2803. 692. 954. 1217. 2366. 4158. 6143. 7284. 6382. 5682. 6129. 11992. 12724. 13446. 16124. 18946. 22734. 26176. 24165. 20802. 21409. 2061. 2211. 2686. 3336. 3927. 4713. 5330. 4652. 3678. 3659. 9704. 9595. 9532. 21714. 20056. 19774. 20473. 20999. 21514. 22331. 21535. 21501. 21947. 3438. 2952. 2919. 2846. 2788. 2759. 2792. 2429. 2406. 2310. 5774. 5715. 5855. 5847. 5754. 5826. 5672. 5347. 5618. 2879. 2628. 2582. 2806. 3002. 3123. 3228. 3173. 3408. 3528. 6466. 5858. 5604. 5649. 5842. 6135. 6460. 6100. 6019. 5955. 2815. 2844. 2954. 3317. 3520. 3743. 4025. 4161. 4321. 4536. 9730. 10315. 10656. 10874. 11074. 9497. 10914. 10004. 11373. 12665. 9265. 8776. 9100. 9009. 8985. 8686. 8696. 8464. 8817. 9051. 20537. 20309. 20363. 20498. 20447. 20839. 20547. 20416. 20977. 21227. 2162. 2049. 2037. 2093. 1962. 1981. 1938. 1880. 1906. 1905. 4915. 4574. 4545. 4357. 4266. 4305. 4210. 4084. 4144. 4138. 3341. 3289. 3321. 3622. 3799. 4014. 4157. 4355. 4743. 4999. 5299. 5256. 5015. 4862. 4597. 4522. 4179. 3922. 3749. 3609. 4820. 5141. 5445. 5564. 5823. 6017. 6063. 6175. 6435. 6576. 12740. 11125. 13037. 12111. 11980. 9553. 11473. 11401. 8920. 9027. 9584. 10346. 10287. 10126. 9920. 9718. 20756. 20205. 20558. 19886. 18075. 17088. 16776. 16814. 1827. 1747. 1731. 1630. 1376. 1172. 1058. 980. 3970. 3809. 3766. 3551. 3132. 2794. 2651. 2581. 5013. 5071. 5372. 5285. 4909. 4640. 4555. 4546. 3400. 3067. 3038. 2978. 2637. 2475. 2334. 2216. 6546. 6511. 6651. 6442. 6021. 6007. 6178. 6491. 8800. 8181. 8460. 8977. 10102. 6602. 7679. 7500. 6490. 6315. 6116. 2303. 2362. 2245. 2179. 2142. 2216. 2418. 2329. 2222. 2503. TABLE 5 2 2 . 2 A S S E T S OF THE FARMING SECTOR IN 1 9 6 7 P R I C E S CHANGE DURING YEAR IN MILLIONS OF DOLLARS FINANCIAL PHYSICAL YEAR | I 1940...I 1941...I 1942...1 1943...1 1944...I 1945...1 1946...I 1947...I 1948...1 1949...1 l 1960 . . . I 1951...i 1952...1 1953...1 1954...1 1955...1 1956...1 1957...1 1956...1 1959...1 1 1 9 6 0 • » #! 1961•..1 1962...i 1963...| 1964...| 1965...I 1966...I 1967...| 1968...I 1969...I 1 1970...1 1971...1 39??...I 1973...I 1974...| 1975...5 1976...I TOTAL TOTAL REAL ESTATE MACHINERY AND LIVESTOCK MOTOR KliilCLES STORED CROPS HOUSEHOLD EQUIPMENT AND FURNISHINGS BANK D E P O S I T S TOTAL CURRENCY DEMAND TIME U.S. INVESTMENTS SAVINGS IN BONDS COOPERATIVES 59. -117. —66. -37. 74. 202. -89. -107. 281. 312. 2922. 3526. 4701. 2732. 3906. 2581. 417. -807. 8157. 10362. 1 I I I I I I I | 1 2190. 2804. 2023. -90. 118. -861. 242 8. 2556. 7550. 10057. 702. 702. 702. 702. 706. -35 3, 1585. 1631. 1934. 6916. 323. 1269. -480. -820. 98. 561. 911. 2485. 3169. 3046. 268. 919. 1263. 829. -988. —568. -647. —736 . -119. 192. 744. -147. 1110. -417. 433. —685 • 52. -1103. 2049. -226. 153. 61. -572. -384. -131. 184. 527. 279. 517. 129. 732. 722. 2678. 2822. 3788. 3442. -2011. -3363. 607. 305. 150. 475. 650. 591. 786. 617. -678. -974. -19. -221. 233. 369. 1152. 528. 748. 1077. -179. -1010. -175. -199. 28. -268. -207. -52. 195. 405. -163. -572. 73. 76. 262. 263. 1149. 1792. 1985. 1141. -902. -700. 447. 337. 3497. 3860. 3899. 4556 ® 3410. 2891. -1228. 1219. 3770. -1094. I I I | I 1 1 I I I 5155. 4142. 3200. 4030. 2895. 2074. -432. 1253. 3324. 316. 2092. 1492. 1905. 1859. 1688. 1482. 1455. 1302. 1194. 855. 2498. 2002. 669. 1372. 295. 171. -551. -574. 146. 588. 650. 843. 477. —67 . 275. 14. -587. -291. 564. 489. -429. -324. 430. 884. 259. -37. -351. 925. 1483. -1349. 344. 129. -281. -18. 378. 444. -398. -109. —63 . -267. -1658. -282. 699. 526. 515. 817. -796. -34. 446. -1410. -486. -33. -73. -58. -29. 33. —363. -23. —96. -148. -342. -59. 140. —8 . -93. 72. -154. -325. 271. -703. -251. -46. 224. 196. 121. 105. -55. 235. 120. -187. -608. -2 54. 45. 193. 293. 325. —3 6 0 • —81. -64. —656. 29. 110. 363. 203. 223. 282. 136. 160. 215. 284. -633. 616. 1013. 1157. -806. 2110. 550. 3764. 2580. 829. I I I | j I I I 1 | -405. 562. 878. 1208. -1198. 2402. 681. 3203. 2330. 1300. 158. -93. 154. 395. 335. 460. 804. 293. 423. 1143. -474. -419. -25. 204. 405. 654. 806. 1077. 129. -5. -185. 409. 622. 433. —62 . -139. 213. 111. 252. 218. 585. 341. 218. 200. -1577. 1417. -910. 1369. 1292. 75. -489. 324. -91. -24. -299. 10. -232. 353. 234. -131. -228. 54. 135. -51. 392. -292. -131. 561. 250. -471. -113. -12. 56. -131. 19. -43. -58. 26. -1. -78. -341. —29. -188. -91. 39. -95. -126. 60. —6 . —168 • -52. 32. 301. 177. 215. 143. 198. 388. 256. 14. -43. -241. -153. -265. -75. -343. -257. -173. -140. -209. 321. 304. 119. 259. 194. 46. 112. 260. 141. -30. 88. 4369. 1349, 2237. -1038. 557. -1014. I 1 | | I | | 639. 4016. 2021. 4048. -51. 869. -1052. 1329. 1446. 1478. 1948. 1547. —116. -111. 161. -195. 315. 1330. 649. 51. -79. 657. 296. 392. 960. 341. -780. -588. -1615• 1912. -926. -131. -2427. 1920. -72. 107. 557. 762. -59. -161. -206. -202. -551. 353. -672. -1811. -987. -312. 38. -80. —16. -101. -254. -204. -114. -78. -161. -43. -215. -419. -338. -143. -70. 58. 301. -87. -376. -269. -85. -9. -333. -29. —60. -341. —162 . -141. -118. -35. 140. -209. -421. -14. 171. 313. 53 54 TABLE 5 2 2 . 3 A S S E T S OF THE FARMING SECTOR IN 1 9 6 7 PRICES PERCENTAGE CHANGE DURING YEAR I | I YEAR PHYSICAL TOTAL TOTAL REAL ESTATE 1 MACHINERY AND LIVESTOCK MOTOR VEHICLES 1940...| 1941...| 1942...| 1943...| 1944...| 1945...| 1946...| 1947...| 1948...| 1 9 ^9 . . . | j 1.4 1.7 2.2 1.3 1.8 1.1 0.2 -0.4 3.6 4.4 1.1 1.4 1.0 -0.0 0.1 -0.4 1.2 1.3 3.7 4.7 0.4 0.4 0.4 0.4 0.4 -0.2 1.0 1.0 1.2 4.2 3.5 13.4 -4.5 -8.0 1.0 5.9 9.1 22.6 23.5 18.3 1 9 5 0 . . . | 1.4 1.5 1.5 1.8 1.3 1.1 -0.5 0.5 1.4 —0.4 2.3 1.8 1.4 1.7 1.2 0.9 -0.2 0.5 1.4 0.1 1.2 0.9 1. 1 1.0 0.9 0.8 0.8 0.7 0.6 0.5 -0.2 0.2 0.4 0.4 -0.3 0.8 0.2 1.4 0.9 0.3 -0.2 0.2 0.4 0.5 -0.5 1.0 0,3 1.3 0.9 0.5 0.0 1.6 0.5 0.8 -0.4 0.2 -0.4 0.2 1.5 1931...| 1952...| 1953...| 1954...| 1955...| 1956...| 1957...| 1958...| 1959. . . | j 1960...| 1961...| 1962...| 1963...| 1964...| 1 9 6 5 . . . | 1 1 1 1 9 9 9 9 6 6 6 6 6 7 8 9 . . . . . . . . . . . . | | | | | 1970...| 1971...| 1972...| 1973...| 1974...| 1975...| 1976...| 0.6 1.5 —0 %. 0 0.3 -0.4 FINANCIAL STORED CROPS HOUSEHOLD EQUIPMENT TOTAL AND FURNISHINGS I BANK D E P O S I T S CURRENCY DEMAND TIME U.S. INVESTMENTS SAVINGS IN BONDS COOPERATIVES 1.8 6.1 7.9 4.8 -5.4 - 3 ,3 -3.9 -4.6 -0.8 1.3 11.6 -2.0 15.8 -5.1 5.6 -8.4 0.7 -14.7 31.9 -2.7 1.8 0.7 -6.7 -4.8 -1.7 2.5 6.9 3.4 6.1 1.4 1 1 1 1 1 1 1 1 1 1 i 6.1 5.7 19.9 17.5 20.0 15.1 -7.7 13.9 2.9 1.4 7.3 21.5 24.2 17.7 20.0 13.1 -12.7 -20.9 -0.5 -6.0 6.5 9.7 27.6 9.9 12.8 16.3 -2.3 -13.5 -2.7 -3.2 0.8 -7.9 —6.6 -1.8 6.8 13.2 -4.7 -17.3 2.7 2.7 37.9 27.6 94.4 75.7 47.7 18.6 -12.4 -11.0 7.9 5.5 2.6 -5.0 -2.9 -1.7 3.5 9.1 -3.7 —4.6 12.6 12.5 12.7 9.0 2.8 5.5 i a 0.6 -2.1 -2.2 0.6 2.3 3.8 1.4 -2.9 -0.2 4.1 4.6 -3.9 -1.1 -0.7 -2.8 1 1 1 1 1 1 1 1 1 1 1 -7.6 -1.4 3.5 2.6 2.5 3.8 -3.6 -0.2 2.1 -6.4 -14.1 -1.1 -2.5 -2.0 -1.0 1.2 -13.0 -0.9 -4.0 -6.4 —5 . 2.C -0*4 1.6 0.1 -3.4 -1.7 3 .4 2.8 -5.2 -4.1 5.7 11.2 2.9 -0.4 -3.9 10.7 15.5 -12.2 -1.0 2.4 -0.1 —1 . 6 1.3 —2 . 6 -5.7 5.1 -12.5 -8.7 -1.8 8.7 7.0 4.0 3.4 -1.7 7.4 3.5 -5.3 -9.4 -4.3 0.8 3.4 5.0 5.3 —5.6 -1.3 -1.1 -11.0 1.0 3.9 12.3 6.1 6.3 7.5 3.4 3.8 5.0 6.3 0.1 -0.0 0.1 0.2 0.2 0.2 0.4 0.2 0.2 0.6 -1 r 8 -1.6 -0.1 0.8 1.6 2.5 3.0 3.9 0.5 -0.0 -1.0 2.3 3.5 2.3 -0.3 -0.7 1.1 0.6 1.3 1.1 6.0 3.3 2.0 1.8 -14.2 14.9 -8.3 13.7 11.4 0.6 -5.3 3.7 -1.0 -0.3 —3.3 0.1 -2.7 4.2 2.7 — 1 <L 1 1 1 1 1 1 1 1 1 1 -1.1 0.3 0.7 -0.2 1.9 -1.4 -0.6 2.7 1.2 -2.2 -5.2 —0.6 2.7 -6.3 1.0 -2.2 -3.0 1.4 -0.1 -4. 1 -6.9 —0.6 -4.1 2.1 0.9 -2.2 -3.0 1.5 -0.1 -4.1 -1.6 1.0 9.1 4.9 5.7 3.6 4.8 8.9 5.4 0.3 -0.8 -4.6 -3.1 -5.5 —1.6 —7.6 —6.1 -4.4 -3.7 -5.8 6.7 5.9 2.2 4.7 3.3 0.8 1.8 4.2 2.2 -0.5 0.7 0.8 0.8 1.0 0.8 -0.1 -0.1 0.6 -0.7 1.1 4.6 2.1 0.2 -0.3 3.4 1.5 1.9 4.6 1.6 -3.5 -2.7 -12.7 17.2 1.? 6.2 8.G 1 1 I -2*7 1 -7 - U 3 —Or A 1 - 9 -1 1 1 1 1 -1.8 0.2 -4.1 -1.1 -5.7 -11.8 -10.8 -5.1 —2*6 1.2 5.9 —1.6 -7.1 -5.5 -1.8 -0.2 -9.8 -0.9 -2.0 -11.5 -6.1 -5.7 -5.1 -0.5 2.2 -3.1 —6.5 -0.2 2.8 5.1 - 7 . 1 -1.1 -20.3 20.1 -0.6 ,6 -2.0 -2.0 1 -4.4 -0.9 -5.8 -15.6 -14.8 -9.7 -7.4 TABLE YEAR 522.4 A S S E T S OF THE FARMING S E C T O R , JANUARY IN 1 9 6 7 PRICES PERCENTAGE OF TOTAL FINANCIAL PHYSICAL I $ i TOTAL TOTAL ! 1940... 1 1941...1 1942...1 1943... 1 1944... 1 1945...i 1946...1 1947...1 1948...1 1949...1 l 1950...1 1951...i 1952...1 1953...1 1954...! 1955...1 1956...1 1957...1 1958...I 1959...I 1 3960...1 1961...1 1962...1 1963...1 1964...I 1965...1 1966... 1 1967...1 1968...! 1969...| 1970...I 1971...1 1 1 1973...1 1974...1 1975...I 1976...1 1977 . . . 1 _L REAL ESTATE MACHINERY AND LIVESTOCK MOTOR STORED CROPS VEHICLES BANK D E P O S I T S HOUSEHOLD EQUIPMENT AND TOTAL DEMAND TIME U.S. SAVINGS BONDS INVESTMENTS IN COOPERATIVES FURNISHINGS I 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 94.2 93.9 93.7 92.6 91.4 89.9 88.5 89.4 90.8 90.9 75.5 74.8 73.9 72.6 72.0 71.1 70.1 70.7 71.7 70.0 4.4 4.5 5.0 4.7 4.3 4.2 4.4 4.8 5.9 7.1 7.2 7.2 7.5 7.9 8.2 7.6 7.3 7.0 6.7 6.4 3.1 3.4 3.3 3.7 3.5 3.6 3.3 3.3 2.8 3.6 4.0 4.0 4.0 3.7 3.4 3.3 3.4 3.6 3.7 3.8 | | I 1 j I | I | 1 5.8 6.1 6.3 7.4 8.6 10.1 11.5 10.6 9.2 9.1 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 91.2 91.9 92.2 92.0 92.0 91.9 91.7 91.9 92.0 91.9 69.9 69.7 69.2 68.9 68.4 68.2 68.0 68.9 69.0 68.5 8.0 8.9 9.6 9.7 10.0 10.0 10.0 9.8 9.5 9.5 6.2 6.4 6.6 6.7 6.6 6.6 6.5 6.3 6.2 6.3 3.4 3.1 3.0 3.1 3.4 3.4 3.4 3.3 3.6 4.1 3.7 3.8 3.8 3.6 3.5 3.6 3.8 3.6 3.6 3.5 I I I | I I I 1 I I 8.8 8.1 7.8 8.0 8.0 8.1 8.3 8.1 8.0 8.1 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 92.4 92.5 92.5 92.4 92.5 92.3 92.5 92.6 92.5 92.4 69.1 69.3 69.1 68.9 68.8 69.1 68.8 68.9 68.1 67.6 9.7 9.6 9.4 9.3 9.4 9.6 9.7 10.0 10.3 10.2 6.5 6.5 6.6 6.8 7.0 7.0 6.9 6.9 6.9 6.9 3.6 3.8 3.9 4.0 4.1 3.5 4.0 3.6 4.1 4.5 3.4 3.3 3.4 3.3 3.3 3.2 3.2 3.1 3.2 3.2 I 1 1 I 1 1 1 1 I I 7.6 7.5 7.5 7.6 7.5 7.7 7.5 7.4 7.5 7.6 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 92.6 92.8 92.8 93.1 93.8 94.1 94.2 94.2 67.8 68.3 67.7 67.9 68.1 68.9 68.7 68.9 10.2 10.2 10.0 10.1 10.4 10.7 10.7 10.7 6.9 7.2 7.2 7.3 7.5 7.7 7.4 7.2 4.5 3.9 4.6 4.2 4.1 3.3 4.0 4.0 3.2 3.2 3.4 3.6 3.6 3.5 3.4 3.4 1 1 1 | I 1 I I 7.4 7.2 7.2 6.9 6.2 5.9 5.8 5.8 CURRENCY 1.0 l . i 1.3 1.5 1.8 2.1 2.3 2.0 1.6 1.6 1.4 1.2 1.2 1.1 1.1 1.0 1.0 0.9 0.9 0.9 0.8 0.8 0.8 0.8 0.7 0.7 0.7 0.7 0.7 0.7 0.6 0.6 0.6 0.6 0.5 0.4 0.4 0.3 1.7 1.8 2.0 2.4 2.6 2.9 3.4 3.3 2.9 2.7 2.5 2.3 2.3 2.3 2.2 2.2 2.2 2.1 2.0 2.1 1.8 1.7 1.7 1.6 1.6 1.6 1.5 1.5 1.5 1.5 1.4 1.4 1.3 1.2 1.1 1.0 0.9 0.9 1.6 1.6 1.5 1.3 1.3 1.4 1.5 1.4 1.2 1.2 1.2 1.1 1.0 1.1 1.1 1.2 1.2 1.2 0.3 0.5 0.6 1.1 1.9 2.7 3.2 2.8 1.1 1.1 1.1 1.0 1.0 1.0 1.1 2.5 1.0 1.0 2.6 1.1 2.4 1.1 2.6 2.2 2.2 2.2 2.3 2.4 2.3 1.1 1 . 2 1 . 3 1 . 3 1 . 4 1 . 5 1.6 1.6 1.3 1.3 2.2 2.2 1 . 7 1.2 1.2 2.0 1.8 1.2 1.3 1.4 1.5 1.5 1.6 1.7 1.8 1.8 1.8 1.9 1.8 1.7 1.6 1.6 1.6 1.9 1.9 1.8 1.7 1.7 1.5 1.4 1.3 1.3 1.2 1.1 1.1 1.0 0.9 0.9 0.8 0.8 1 . 9 2.0 2.1 2.1 2.2 2.2 2 . 3 2 . 3 2 . 3 2 . 3 2 . 3 2 . 3 2.2 2.1 2.1 2.1 2 . 3 55 56 TABLE 5 3 1 . 1 I M P L I C I T P R I C E DEFLATORS FOR A S S E T S OF THE FARMING SECTOR, INDEX, 1 9 6 7 = 1 0 0 I j I YEAR MACHINERY R E A L ASSETS AND ESTATE MOTOR LIVESTOCK STORED CROPS 1! i IIII ill! } ^ 5 2 .III VEHICLES | ^ . 0 *1'* : : ::::: a e j Bz E jS E j \Z:\ S:J H:i »:• l 103.0 107.9 :::: e Sii SS:i 55 IE: Sii ^ « I:::: \ll:t 119-3 117*3 96^2 l l ^ S 184.4 132.2 191.8 178.8 :::: *9 2 5 0 , 5 2 lll'A WV.I 146.2 193.9 34.2 139.6 J::: :::: B 91.0 K !sS \U:i \ll:t ll:l s.1 100.0 93.4 170.1 80*0 84.0 » 12.A, 85.4 FINANCIAL = 80.3 2 3 2 S :::: Sri ® 101.2 H7.2 1 FURNISHINGS ® '° :: ::::: S:S S:i 107.1 U6.2 HOUSEHOLD EQUIPMENT AND A 1973::::: 9 63.7 *° & 9 \t:l :::: si I 1 9 7 7 51.6 ' 2 5 6 JANUARY 5s :::: 53 e ll?:o j»:s !K:S 158.0 197.0 s;;rs,K£^;;ENTS „.... TABLE 5 3 1 . 2 IMPLICIT PRICE DEFLATORS PERCENTAGE MACHINERY AND MOTOR VEHICLES FOR A S S E T S OF THE FARMING SECTOR CHANGE DURING YEAR LIVESTOCK STORED CROPS HOUSEHOLD EQUIPMENT AND FINANCIAL TOTAL ASSETS REAL ESTATE 2.0 12.9 14.8 13.1 9.4 8.7 12.3 10.2 1.8 -4.3 1.8 8.7 10.3 15.3 11.3 13.5 11.0 6.5 2.8 -2.8 2.7 8.0 29.9 19.5 17.8 -21.4 —9 . 2 12.5 10.6 2.1 1.9 25.2 26.4 —4.2 -1.6 11.5 27.6 16.6 9.7 -11.7 —0.4 32.6 14.0 26.1 4.1 2.5 12.1 49.3 -28.1 -8.9 -2.0 15.0 10.4 11.0 7.1 7.2 16.8 7.4 1.0 —6.8 2.8 13.5 11.9 10.6 5.8 3.6 15.8 16.7 —2 . 6 -2 .7 13.0 8.6 -2.9 —3 . 6 1.2 1.9 5.7 4.1 7.5 1.3 14.0 9.0 0.5 -2.4 2.6 4.3 6.7 4.5 6.9 4.2 3.1 8.2 1.5 0.4 -0.3 3.3 6.9 1.8 7.8 1.8 27.2 8.5 -26.4 -20.2 —6 . 1 -5.3 7.1 28.2 23.2 -16.0 9.9 15.8 -2.7 -8.7 2.2 -13.2 4.0 -17.4 6.2 -5.6 8.9 4.8 -0.9 —0. 5 -2.8 0.0 -0.0 0.0 -0.5 0.5 9.6 5.0 -2.4 -1.2 -0.0 -1.2 3.8 2.4 2.4 1.2 0.5 3.8 3.4 3.0 3.8 6.1 4.9 3.6 4.2 3.7 0.9 4.4 3.8 5.4 5.5 6.7 5.1 5.4 4.5 2.6 —0 . 6 3.1 4.3 1.2 2.1 2.2 2.4 4.5 4.4 3.3 3.4 2.9 1.8 -10.4 -8.4 22.2 6.7 -1.3 6.1 14.7 -2.5 6.2 3.8 3.7 9.4 —8 . 3 12.4 -15.4 -0.9 2.3 -1.9 —1.0 -0.5 -1.5 1.0 -0.5 1.0 3.5 3.4 3.2 -0.0 1.1 2.2 1.1 1.1 4.3 3.1 1.0 3.0 5.8 3.6 6.5 12.2 21.2 8.9 12.2 13.6 3.0 7.0 11.4 22.5 12.0 13.4 15.9 5.8 7.2 6.1 7.6 23.4 16.5 11.5 -2.3 13.4 22.6 18.9 -42.9 24.5 1.3 12.2 -5.6 31.7 54.2 32.1 -23.8 3.3 3.1 2.6 4.7 8.1 14.4 8.2 9.3 6 .4 3.4 10.7 17.9 10.8 8.0 4.2 FURNISHINGS 57 58 TABLE 5 4 1 . 1 CHANGES PHYSICAL NET WORTH YEAR I 1940...| 1941...| 1942...| 1943...| 1944...| 1945...| 1946...| 1947...| 1948...| 1949...| I 1950...| 1951...| 1952...| 1953...| 1954...| 1955...| 1956...| 1957...| 1958...| 1959...| I I960...| 1961...| 1962... | 1963...| 1964...| 1965... | 1966...| 1967...| 1968... J 1969...| I 1970...| 1971...| 1972...| 1973... | 1974...| 1975... | 1976...| TOTAL REAL ESTATE 11467. 11717. 10105. 9776. 12414. 10603. 4886. -1216. 1440. 7180. 8968. 8414. 6926. 6921. 11894. 11359. 6979. 72. 764. 3147. 4057. 6596. 5684. 7162. 7417. 5201. 2959. 977. 19126. 14346. -3843. -3928. 3466. 3909. 8474. 7358. 13975. 634. 19530. 15373. -2564. -3316. 3775. 4603. 9017. 8023. 16395. 2781. -901. 6193. 5440. 4943. 5797. 13143. 9985. 10495. 11748. 9627. 9846. 21960. 38794. 79231. 33558. 56380. 1396. 8121. 66262. L_ -50. 2028. 2702. 2098. 192. 1748. 2570. 41. -673. 706. 2199. 1341. 1169. -1532. 11923. 8929. 1599. -1397. 3562. 5287. 8163. 6088. 9300. 6107. 1965. 2543. 721. 1042. 158. 744. 901. -95. 1690. 910. 4206. 2427. -4746. -3036. -535. -582. 369. 2860. 3798. -2407. 705. 8228. 7831. 7785. 7644. 16446. 12871. 13093. 13918. 11442. 1305. 6082. 5633. 8376. 8945. 11709. 9893. 10596. 9490. 6703. -540. 311. 938. 481. 891. 1179. 1438. 2365. 1463. 1028. 359. 821. 879. -1439. -1374. 3091. 1388. -142. 1417. 3232. 1049 5 . 25355. 43252. 86115. 39906. 63576. 76677. 7988. 17490. 29678. 64323. 43294. 50392. 2073. 2240. 2670. 4941. 11519. 9292. 7288. 227. 3567. 6807. 8297. -17808. 4943. -435. 68122. -1086. A S S E T S , L I A B I L I T I E S , AND NET WORTH CURRENT DOLLARS AMOUNTS I N M I L L I O N S OF DOLLARS ASSETS MACHINERY AND MOTOR LIVESTOCK VEHICLES 194. 734. 960. 491. 1035. IN MONETARY A S S E T S STORED CROPS 297. 886. 1232. 1000. 602. -409. 806. HOUSEHOLD EQUIPMENT AND FURNISHINGS -7. 665. 149. 286. 278. 548. 1522. 848. 1941. -459. -971. -500. 316. 1120. 866. 608. 608. NET | _ MONETARY| A S S E T S I TOTAL 1 -44. 941. 2499. 3303. 3179. 2855. 520. -756. -2093. 391 * 939. 1931 » 2274. 2652 • 2416. 1028. FINANCIAL — — CURRENCY AND BANK DEPOSITS 242. 712. 1249. 1134. 1330» 1484. 809. -268. -1288. 69. 39. -204. -349. -505. -404 . -1027. -1279. 192 • 566. 178. 339. 14. 258. 140. 475. -1306. -4. -718. 1719. —1600. -396. —65 « 115. 460. -412. -112. -112. -229. -309. -694. -543. -66 5 . -2420. -2!47. 818. -1021 , 261. -680 . 776. 517. 524. -609. 500. 298. -385. 992. 310. -1606. 238. -136. -157. -209. -33. -146. 659. 556. 169. -202. -2035. -2391. -2598. -2170. -1615. 252. 530, 158. 569, 551. 485 » 770. 889, 757, -224. 1139. 2644. 7607. 1187. -1969. 557. 431. 919. 1453. 947. 1714. 918. 1145. -64o » -3395. -4458, -6884. -6348. -7196. -10415. -1347. -3303. -2886. 6. 222. -10. 417. 438. 0. 51. -119. 129. 480. -799. 10, 401 808. 1235. 1773. 1909. 1347, 1804. 1415. AND L I A B I L I T I E S -446. 92. 352. 59. 354. 417. 323. 581. 583. 408. 543. 717. 873. 853. 183. 560. 350. ASSETS I DEBT I INCLUDING U.S. INVESTMENTS! CCC SAVINGS IN | LOANS BONDS COOPERATIVES! 104. 158. 601. 1050. 1217. 773. 45. 69. 81. 163. 222. 90. 105. 159. 159. 174. 166. 123. 178. -34. 220. 206. -75. 239. 132. 237. 199. -105. 53. 65. 180. 188. 60. 21. 100. 1*. -38. -162. -39. -195. -23. -152. -132. -135. —34 . -13. -152. 88. 315. 175. 165. 81. -47. 234. 219. 273. 296. 282. 322. 217. 294. 238. 286. 294. 324. 340. 362. 417. 430. 585. 881. 999. 1163. 1112. 435. -2. -568. -1029. -527. -439. 508. 825. 2132. 1084. 596. 1593. 1457. 834. 726. 1132. 553. 1066. 3238. 1126. 1404. 2287. 2921. 3000. 2416. 3854. 3371. 3368. 3059. 2572. 1457. 4630. 6231. 8793. 7695. 9000. 11830. TABLE 5 4 2 . 1 YEAR 1940. 1941« 1942. 1943, 1944« 1945, 1946. 1947« 1948, 1949 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 IMPLICIT I I NET I EQUITY I INVEST| MENT I _L I 696. 1882. 3406. 2968. 3198. 2328. ..I 1699. -375. 3511. 3829. ..I 2723. 1828. ...I ..I ..I 936. 2283. 1693. 716. -1180. 209. TOTAL 740. 941. 907. -335. 19. -527. 1179. 381. 5604. 5117. 3127. 2855. 2215. 2895. 2002. 1410. —637 . 874. 2606. 200. -2102. -1501. -1625. 1793. - 2982. - 1039. - 2189. 537. 14. -378. -496. 534. 766. 1049. -1135. 2264. 697. 3135. 2184. 1437. 494. 1970 907. 1971 1972 .1 - 1578. -561. 1973 7401. 1974 . . . I 1975 .1 - 4504. .1 - 1 2 1 4 6 . 1976 1143. 4302. 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 ...I •I .1 .1 ...I INVESTMENT AND INTER—SECT OR TRANSFERS CURRENT DOLLARS AMOUNTS I N M I L L I O N S OF DOLLARS MONETARY A S S E T S PHYSICAL A S S E T S -1947. 186. NET 2880. 6323. -1053. 2692. -1731. REAL ESTATE 152. 160. 176. 198. 226. -127. 640. 716. 888. 3173. 1012. 804. 1074. 1038. 943. 857. 888. 839. 814. 615. 116. -70. 121. 325. 291. 424. 785. 301. 456. 1276. 1525. 1743. 1947. 3009. 2790. -236. -259. MACHINERY AND MOTOR LIVESTOCK VEHICLES 110. 455. -206. -435. 62. 341. 465. 1284. 1826. 1864. 1568. 1328. 465. 963. 207. 122. -413. -448. 120. 504. STORED CROPS -218. 126. -415. -354. 497. 965. 273. -37. -331 • 340. 136. -302. -19. 397. 459. -412. -113. —65 * -276. -404. -1027. -1279. —612 . -309. -694. -543. —665. -2420. -2147. -501. 327. -91. —24 . -296. —1606. —2035. -2391. -2842. -1847. -3303. -2886. -2598. -2170. -1815. -202. -649. -3395. -4458. -6884. —6348. -7196. -10415. 622. 941. 481. -51. 812. 1214. —1105 • -409. —366 . -23. 190. 383. 632. 796. —162 . 370. 576. 383. -50. 138. 256. 245. 459. 273. 183. 174. —1463. 1317. —860 • 1263. 1088. 64. 187. -241. 415. 1875. 780. 370. 580. 1713. 519. -969. -815. -1469. 1787. -974. -199. -5194. 4122. -136. 1101. —6. 1060. 100. -175. -118. 206. 110. 391. 939. 1931. 2274. 2652. 2416. 1028. 69. 39. -204. -44. 941. 2499. 3303. 3179. 2855. 520. -756. -2093. 308. -71. 651. -294. 348. -569. 46. -1295. 2477. 9. -369. -216. 525. 462. FINANCIAL NET | MONETARY| A S S E T S I TOTAL I 77. 32. -343. -255. -95. 142. 458. 271. 522. 93. 363. 629. 451. -522. -315. -430. -595. -109. 172. 182. HOUSEHOLD EQUIPMENT AND FURNISHINGS 10. -231. 359. 246. -142. 120. 643. 911. -75. -228. -324. -346. AND L I A B I L I T I E S -1288. CURRENCY AND BANK DEPOSITS 242. 712. 1249. 1134. 1330. 1484. 809. -268. -349. -505. 6. ASSETS U.S. SAVINGS BONDS 104. 158. 601. I DEBT I INCLUDING INVESTMENTS! CCC IN I LOANS COOPERATIVES! 45. 69. 81. 163. 90. 105. 159. 159. 174. 123. 178. -34. 1050. 1217. 773. 60. 222. 166. 435. -2. -568. -1029. -527. -439. 508. 825. 2132. 1084. 596. 1593. 1457. 834. 726. 1132. 553. 339. 14. -75. 100. 220. 206. 239. 132. 0. 51. -119. 129. 480. -799. 237. 199. -105. 53. 65. -518. 234. 219. 273. 296. 252. 530. 158. 569. 551. 485. 770. 889. 757. -446. 92. 352. 59. 354. 417. 323. 581. 583. 408. -38. —162 * -39. -195. -23. -152. -132. -135. -34. -13. 282. 322. 217. 294. 238. 286. 294. 324. 340. 362. 1404. 2287. 2921. 3000. 2416. 3854. 3371. 3368. 3059. 2572. 808. 1235. 1773. 1909. 1347. 1804. 1415. 543. 717. 873. 853. 183. 560. 350. -152. 417. 430. 585. 1457. 4630. 6231. 8793. 7695. 9000. 11830. 192. 566. 178. 222. 417. 438. 10. 401. 818. -1021. -10. 21. 88. 315. 175. 165. 81. -47. 180. 188. 881. 999. 1163. 1112. 1066. 3238. 1126. J 59 60 TABLE 5 4 3 . 1 IMPLICIT NOMINAL C A P I T A L G A I N S CURRENT DOLLARS AMOUNTS IN M I L L I O N S OF DOLLARS I I | I I I I YEAR PHYSICAL A S S E T S TOTAL TOTAL REAL ESTATE 612. 2987. 3881. 6398. 5458. 7289. 6777. 4485. 2071. -2196. MACHINERY AND MOTOR LIVESTOCK VEHICLES 1940...| 1941...| 1942...| 1943...| 1944...| 1945...| 1946...| 1947...| 1948...| 1949...| I 1950...| 1951...| 1952...| 1953...| 1954...| 1955...| 1956...| 1957...| 1958...| 1959...| 8749. 6907. 7448. 10715. 10978. 1375. —5045. 700. 6239. 8061. 8749. 6907. 7448. 10715. 10978. 1375. -5045. 16403. 12518. -4779. -6211. 1773. 3193. 9654. 7149. 13789. 2581. 16403. 12518. -4779. -6211. 1773. 3193. 9654. 7149. 13789. 2581. 10911. 8125. 525. -2435. 2619. 4430. 7275. 5249. 8486. 5492. I 1960...| 1961...| 1962... | 1963...| 1964...1 1965...| 1966...| 1967...| 1968...| 1969...| 1314. 353. 1570. 406. 1201. 7694. 7065. 6736. 8779. 14182. 12174. 9958. 11734. 10005. 1201. 7694. 7065. 6736. 8779. 14182. 12174. 9958. 11734. 10005. 1189. 6152. 5512. 8051. 8654. 11285. 9108. 10295. 9034. 5427. -131. 677. 961. 291. 508. 547. 642. 1264. 1325. 1034. 521. 451. 303. -1822. -1324. 3209. 1182. —252 . 9352. 21053. 40372. 79792. 40959. 60884. 78408. 9352. 21053. 40372. 79792. 40959. 60884. 78408. 6463. 15747. 27731. 61314. 40504. 50628. 68381. 1886. 2481. 2255. 3066. 10459. 9192. 7463. 1970...| 1971...| 1972...| 1973...| 1974...| 1975...| 1976...| 700. 6239. 8061. I L_ 84. 279. 1166. 926. 973. -1427. -515. 744. 876. 234. 397. 1215. 256. 79. -49. 622. 99. 1385. 1941. -410. -151. 1021. 2629. 1936. 1278. -1704. 3584. 1486. -5227. -2985. -717. -591. 738. 3076. 3273. -2869. MONETARY A S S E T S HOUSEHOLD STORED EQUIPMENT CROPS AND FURNISHINGS -11. NET | MONETARY| A S S E T S I TOTAL I -84. 633. 492. 541. 373. 406. 1064. 577. 957. 581. 1294. 254. 160. 760. 3236. -2936. -753. -626 • 731. 1220. -239. -825. 780. 472. -94. —46 . 86. FINANCIAL CURRENCY AND BANK DEPOSITS. AND L I A B I L I T I E S ASSETS U.S. SAVINGS BONDS I DEBT J INCLUDING INVESTMENTS! CCC IN | LOANS COO PER AT IVF 5v j 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 202. -282. -1269. 327. -1530. 505. -495. 1. -0. 1. -47. 47. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 2987. -198. 503. 334. 350. 854. -817. 1158. -1648. -96. 246. -179. -89. -45. -133. 87. —43 . 85. 300. 310. 311. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. -553. 3197. 6227. 6584. -18327. 5912. 380. 1245. -648. 3618. 7806. 6381. -6091. 693. 311. 276. 542. 1022. 1942. 1242. 1491. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 1161. L E S S I M P L I C I T "ET INVESTMENT AND INTER-SECTOR TABLE 544.1 I M P L I C I T REAL C A P I T A L G A I N S CURRENT DOLLARS AMOUNTS I N M I L L I O N S OF DOLLARS PHYSICAL 1 TOTAL I 1 1 i i 345. 1940... I -673. 1941...1 1731. 1942...1 3081. 1943...I 3827. 1944...I 4093. 1945...1 19 4 6 . . . | - 1 1 3 8 0 . -340. 1947...1 3718. 1948 . . . 1 -67. 1949...1 1 5102. 1950...1 6536. 1951...1 -3630. 1952...I -6211. 1953...1 1223. 1954...| 3193. 1955...1 5051. 1956...1 3025. 1957...| 12587. 1958 . . . I 1290. 1959...1 l -84. 1960...1 6424. 1961...1 4457. 1962...I 6075. 1963... 1 4119. 1964...I 10078. 1965...I 6468. 1966 . . . 1 4144. 1967...1 1358. 1968...1 -3408. 1969... 1 1 -197. 1970...1 10023. 1971...1 26625. 1972...I 42625. 1973...1 1974...! -21588. 31520. 1975...| 48288. 1976...1 YEAR TOTAL REAL ESTATE MACHINERY AND MOTOR LIVESTOCK VEHICLES STORED CROPS HOUSEHOLD EQUIPMENT AND FURNISHINGS I NET I MONETARY| A S S E T S I TOTAL I AND L I A B I L I T I E S FINANCIAL ASSETS CURRENCY AND BANK U.S. SAVINGS EEPNSJTF; BONDS I DEBT | INCLUDING INVESTMENTS! CCC IN | LOANS COOPERATIVES! 298. -1571. 1149. 2875. 3867. 4255. -9758. 450. 3584. -256. 334. -2371. —646 . 2711. 3497. 5182. -7336. -2690. 3527. 893. 59. -228. 685. 488. 752. -1680. -1761. 184. 1021. 640. 56. 555. 1089. -1265. -545. 668. 383. 687. 1540. -1123. -33. 495. 117. 844. 6. -102. -691. 2494. -2757. -407. -118. -22. -96. 96. 157. 187. -353. -225. 254. -259. ! 47. 1 897. ! 581. 1 206. I -40. j —163. ! -1622. 1 -790. t 134. 1 189. -36. -733. —681 . —671 . -401. -489. -3449. -1671. 317. 647. -27. -542. —506 . -482. -268. -309. -2171. -1069. 196. 386. -2. -55. -62. -99. -88. -132. -960. -441. 86. 185. -7. -136. -114. -91. -45. -48. -319. -161. 34. 76. 83. 1631. 1262. 877. 361. 326. 1827. 882. -183. -458. 5416. 6663. —3644. -6211. 1224. 3193. 5024. 2988. 12572. 1259. 3738. 4338. 1252. -2435. 2252. 4430. 4090. 2337. 7632. 4579. -728. 617. 379. 79. -118. 622. 741. -156. 1429. 254. 2392. 762. -5083. -2985. -761. -591. 423. 2799. 3176. -2992. 29. 885. -174. -825. 168. -1269. 80. -1740. 452. -560. -16. 60. -18. -46. -318. 1. -310. -252. -117. -22. I 1 1 1 1 1 1 1 1 I -314. -127. 15. o. -0. o. 27. 37. 15. 32. -1465. -679. 123. 0. —63 • 0. -529. -450. -128. -133. -839. -384. 70. 0. —35 . 0. -281. —236. -67. -69. -436. -198. 35. 0. -18. 0. -153. -127. —36 • —36 . -190. -96. 18. 0. -11. 0. -95. -87. —26. -27. 1151. 552. —130. 6367. 4315. 6032. 3758. 9733. 5932. 3548. 229. -4915. 239. 5201. 3539. 7545. 4986. 7968. 4469. 5523. 432. -5680. -289. 524. 653. 212. —46 . 56. -32. 571. 41. —627 . 416. 344. 79. -1881. -1691. 2922. 726. -731. 350. 1912. -252. 448. 214. 319. 627. -999. 906. -1901. -510. -317. -245. -150. -170. -164. -118. -214. -138. 86. -83. -203. | 1 I | 1 | 1 1 1 ! 46. 57. 141. 43. 360. 345. 537. 596. 1129. 1507. -125. -123. -247. —63 • -435. -384. -516. -515. -913. -1172. -63 . —60 . -120. —31 • -213. -190. -259. -260. -470. —610. -32. -32. —61 . -15. -98. -83. -105. -99. —163 . -199. -29. -31. —66 . -17. -124. -111. -152. -156. -280. -363. 2042. 2679. -1297. 8773. 25024. 38304. -28506. 28099. 44741. -1398. 6671. 16446. 31048. -10400. 2 5677. 42638. 710. 1088. 543. -1320. 3747. 5520. 3562. -1408. 2235. 4952. 2778. -24760. 4293. -1390. 847. -1082. 3065. 6189. 3028. -7624. -585. -48. -140. 18. -391. —122. 233. 517. I 1 I 1 1 I 1 1100. 1250. 1601. 4321. 6919. 3422. 3547. -831. -958. —1163. -2976. -4335. -1970. —1902. -433. -504. -615. —1566. -2258. -992. -937. -136. -145. -172. -446. -632. -285. —265 * -262. -309. —376. -964. -1444. -693. -701. 1931. 2209. 2764. 7297. 11253. 5392. 5450. REAL C A P I T A L GAIN I S NOMINAL C A P I T A L PURCHASING POWER OF THE TOTAL SSuhs ass's MONETARY A S S E T S ASSETS GAIN (TABLE 543.1) P L U S THE GAIN OR LOSS (IN YEAR-END DOLLARS) RESULTING -108. 0. 63. 0. 557. 487. 143. 165. 171. 180. 389. 106. 795. 729. 1053. 1111. FROM A CHANGE the I N THE 61 TABLE 6 2 545.1 IMPLICIT CAPITAL IN CAPITAL NOMINAL G A I N S COMPARED WITH FARM CASH FLOW AND NET AMOUNTS I N M I L L I O N S OF DOLLARS CURRENT DOLLARS GAINS I A -&EAL- J FARM CASH IN NET FARM CAPITAL FLOW INCOME NOMINAL 1967 GAINS REAL DOLLARS* |I 11 11 FARM CASH FLOW NET FARM INCOME INCOME C A P I T A L G A I N S AS A PERCENTAGE OF FARM CASH FLOW NOMINAL REAL CAPITAL GAINS AS A PERCENTAGE OF NET FARM INCOME NOMINAL REAL 1940...| 1941...| 1942...| 1943...| 1944...| 1945...| 1946...| 1947...| 1948...| 1949...| 700. 6239. 8061. 8749. 6907. 7448. 10715. 10978. 1375. -5045. 345. -673. 1731. 3081. 3827. 4093. -11380. -340. 3718. -67. 5727. 8007. 12078. 14149. 14173. 14686. 17658. 18362. 21036. 16252. 4930. 7137. 10743. 12780. 12748. 13376. 16469. 16809. 19034. 13887. 1863. 15454. 17421. 16971. 12709. 13177. 17080. 14915. 1763. —6686. 918. —1668. 3740. 5976. 7041. 7241. -18140. -461. 4770. —88. 15240. 19833. 26101. 27446. 26078. 25983. 28148. 24948. 26986. 21536. 13120. 17678. 23216. 24790. 23456. 23665. 26253. 22838. 24418. 18402. 12.2 77.9 66.7 61.8 48.7 50.7 60.7 59.8 6.5 -31.0 6.0 -8.4 14.3 21.8 27.0 27.9 -64.4 -1.8 17.7 -0.4 14.2 87.4 75.0 68.5 54.2 55.7 65.1 65.3 7.2 —36.3 7.0 -9.4 16.1 24.1 30.0 30.6 -69.1 -2.0 19.5 -0.5 1950...| 1951...| 1952...| 1953...| 1954...| 1955...| 1956...| 1957...| 1958...| 1959...| j 1960...| 1961...| 1962...| 1963...| 1964...| 1965...| 1966...| 1967...| 1968...| 1969...| j 16403. 12518. -4779. -6211. 1773. 3193. 9654. 7149. 13789. 2581. 5102. 6536. -3630. -6211. 1223. 3193. 5051. 3025. 12587. 1290. 17546. 20449. 19708. 17648. 17113. 16062. 16086. 16027. 18340. 16041. 14881. 17302. 16382. 14194. 13532. 12362. 12363. 12114. 14329. 11790. 21470. 15040. -5678. -7434. 2115. 3808. 11345. 8163. 15470. 2885. 6678. 7853. -4313. -7434. 1459. 3808. 5936. 3454. 14123. 1443. 22967. 24569. 23417. 21125. 20409. 19155. 18904. 18 3 0 0 . 20577. 17935. 19478. 20788. 19465. 16991. 16138. 14743. 14529. 13832. 16076. 13182. 93.5 61.2 -24.2 -35.2 10.4 19.9 60.0 44.6 75.2 16.1 29.1 32.0 -18.4 -35.2 7.1 19.9 31.4 18.9 68.6 8.0 110.2 72.3 -29.2 -43.8 13.1 25.8 78.1 59.0 96.2 21.9 34.3 37.8 -22.2 -43.8 9.0 25.8 40.9 25.0 87.8 10.9 1201. 7694. 7065. 6736. 8779. 14182. 12174. 9958. 11734. 10005. -84. 6424. 4457. 6075. 4119. 10078. 6468. 4144. 1358. -3408. 16979. 17691. 18061. 18089. 17050. 19896. 21367. 20521. 22928. 12642. 13303. 13531. 13393. 12147. 14785. 15983. 14221. 14321. 16354. 1334. 8514. 7711. 7279. 942 3 . 14880. 12407. 9958. 11242. 9200. -93. 7108. 4864. 6564. 4421. 10574. 6592. 4144. 1301. -3134. 18853. 19576. 19714. 19546. 18300. 20874. 21775. 20002. 19661. 21083. 14037. 14720. 14769. 14472. 13038. 15512. 16288. 14221. 13721. 15038. 7,1 43.5 39.1 37.2 51.5 71.3 57.0 49.8 57.2 43.6 —0.5 36.3 24.7 33.6 24.2 50.7 30.3 20.7 6 .6 -14.9 9.5 57.8 52.2 50.3 72.3 95.9 76.2 70.0 81.9 61.2 -0.7 48.3 32.9 45.4 33.9 68.2 40.5 29.1 9.5 -20.8 9352. 21053. 40372. 79792. 40959. 60884. 78408. -197. 10023. 26625. 42625. -21588. 31520. 48288. 23043. 24229. 30043. 47973. 41793. 41498. 38014. 16283. 16879. 22156. 39028. 31230. 28858. 24114. 8244. 17776. 32790. 59937. 27081. 36553. 44566. -174. 8463. 21624. 32019. -14273. 18924. 27446. 20313. 20457. 24400. 36036. 27632. 24914. 21607. 14354. 14251. 17995. 29317. 20648. 17326. 13706. 40.6 86.9 134.4 166.3 98.0 146.7 206.3 -0.9 41.4 86.6 88.9 -51.7 76.0 127.0 57.4 124.7 182.2 204.4 131.2 211.0 325.2 -1.2 59.4 120.2 109.2 -69.1 109.2 200.2 1970...| 1971...| 1972...| 1973...| 1974...| 1975...| 1976...| 20002. c ? D ^ N r A c ^ N P , O,E,AAK C \ P I T A L G A I N S ARE D E F I N E D I N FOOTNOTES TO PRECEDING TABLES IN S E C T I O N 5 4 0 (ALSO SEE THE NOTES ON PAGE 3 9 ) . FARM CASH FLOW AND NET INCOME INCLUDE LANDLORDS• NET RENTAL INCOME AND ALSO UNREALIZED AND NONMONEY INCOME ( T A B L E S 9 4 1 . 1 AND 9 4 2 . 1 ) , * I ^ / ? I E E . D » F L DATA SHOWN I N A T 0 R 1967 U S E D I S DOLLARS ™ E ANNUAL AVERAGE USDA INDEX OF P R I C E S P A I D BY FARMERS FOR FAMILY L I V I N G I T E M S . USE THE WHEN COMPARING ACCUMULATIVE C A P I T A L G A I N S , CASH FLOW, AND INCOME OVER MORE THAN ONE Y E A R . AGRICULTURAL 600 FARM 610 FINANCE REAL 620 INDEX MARKET MARKET AND OF DEVELOPMENTS, AVERAGE CREDIT 48 1977 STATES VALUE PER ACRE, 1912-DATE 64 DEVELOPMENTS 621.1 MARKET A C T I V I T Y 622.1 CREDIT 630 AND CONDITIONS, PRICE EXPECTATIONS, 1959-DATE 66 1961-DATE 68 TRANSFERS 631 ALL TRANSFERS, 631.1 632 NUMBER, TRANSFERS AND 632.1 632.2 632.3 USE 641.1 642.1 643.1 650 ESTATE NOVEMBER SERIES VALUES 611.1 640 DATABOOK—ANNUAL METHOD 1950-DATE, OF DEBT, BY 10 OR OF AND MORE TRANSFER RATE, 1931-DATE . . . ACRES—NUMBER, CREDIT IN DISTRIBUTION 71 71 YEAR OF TRANSFERS BEFORE BEFORE SALE SALE 72 72 73 BY— METHOD METHOD 653.1 654.1 655.1 1954-DATE 75 T Y P E OF B U Y E R , 1 9 4 0 - D A T E 76 T Y P E OF S E L L E R , 1950—DATE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 7 P R O B A B L E U S E OF P R O P E R T Y F I V E Y E A R S A F T E R P U R C H A S E , 1 9 7 2 - D A T E . . . . 7 8 EXCEPT AS REALTORS, OPERATION OPERATION 1940-DATE TRANSFERS COMPARED, 1 9 6 6 - D A T E O F C R E D I T , BY L E N D E R , 1 9 6 4 - D A T E 651.1 652.1 SOURCE: OF OF 7 1 TRANSFERS R E L A T I V E U S E OF C R E D I T , C R E D I T - F I N A N C E D AND ALL PERCENTAGE D I S T R I B U T I O N PERCENTAGE VALUE, 1966-DATE AMOUNTS C H A N G E FROM P R E V I O U S Y E A R P E R C E N T A G E C H A N G E FROM P R E V I O U S OF ACRES, 70 AND AND AFTER S A L E , 1 9 5 4 - D A T E INTENDED USE AFTER S A L E , FARM R F A I F S T A T E MARKET D E V E L O P M E N T S . I N P U T S AND F I N A N C E I N THE AND F I B E R S E C T O R , N A T I O N A L E C O N O M I C A N A L Y S I S D I V I S I O N , E C O N O M I C RESEARCH S E R V I C E , U . S . DEPARTMENT OF A G R I C U L T U R E . NOTED LOCAL ( T A B L E S 6 1 1 . 1 AND 6 3 1 . 1 ) , D A T A B A N K E R S , C O U N T Y O F F I C I A L S , AND ARE B A S E D OTHERS. ON A SURVEY OF 74 FOOD FARM TABLE 611.1 FARM REAL E S T A T E — I N D E X OF AVERAGE VALUE PER ACRE ( B A S E D ON DATA P R O V I D E D BY S R S CROP R E P O R T E R S ) MARCH 1 I I INDEX 1967=100 P E R C E N T A G E CHANGE FROM P R E V I O U S YEAR MARCH 1 AND NOVEMBER 1 | INDEX | 1967=100 | 1 22.3 23.0 23.7 ***** 3.1 3.0 1942-HI . . . | —H11...| 1915. 1916. 1917. 1918. 1919. 23.6 25.2 27.2 30.0 32.7 —0.4 1943—HI . . . | - H I I . . . | 1920. 1921. 1922. 1923. 1924. 39 36 32 31 30 8 9 3 3 1 21.7 —7.3 -12.5 -3.1 -3.8 1925. 1926. 1927. 1928. 1929. 29.4 28.7 27.5 27.0 - 2 . 3 - 2 . 4 -4.2 . . . . . 26.8 7.9 10.3 9.0 -1.8 -0.7 1930. 1931. 1932. 1933. 1934. 26.3 23.7 19.8 17.0 4.9 1935. 1936. 1937. 1938. 1939. 17.6 18.4 19.0 19.2 18.9 3.5 4.5 3.3 —1*6 1940. 1941. 18.9 19.0 0.5 16.2 -1.9 -9.9 -16.5 -18.2 1.1 0.0 PERCENTAGE CHANGE FROM P R E V I O U S 1 -1- — YEAR 1 1912. 1913. 1914. 6.8 1 | | 1 ANNUALIZED 1 PERCENTAGE 1 CHANGE FROM 1 PREVIOUS -J DATE 20.6 21.0 ***** 8.4 ***** ***** 1.9 22.6 23.7 7.6 4.9 9.7 12.9 22.9 7.3 25.8 27.0 8.9 4.7 14.2 13.9 26.6 7.0 28.6 30.1 5.9 5.2 10.9 11.5 17.8 7.9 32.3 34.4 7.3 6.5 12.9 14.3 21.9 9.8 36.2 37.4 5.2 3.3 12.1 8.7 15.7 5.0 1948—HI . . . | —HII...| j 39.1 40.8 4.5 4.3 8.0 9.1 13.6 6.5 1949-HI . . . | - H I I . . . | 40.7 39.5 - 0 . 2 - 2 . 9 4.1 -3.2 - 0 . 7 - 4 . 4 1950-HI . . . | —H11...| j 39.9 43.4 1.0 8.8 -2.0 9.9 3.0 13.2 1951—HI . . . | —HII...| 46.1 49.1 6.2 6.5 15.5 13.1 18.7 9.8 50.7 51.2 3.3 1.0 10.0 4.3 9.8 1.5 51.5 50.7 0.6 - 1 . 6 1.6 -1.0 1.8 - 2 . 3 j j 1944—HI . . . | -HII...I j 1945—HI . . . | -H11...| j 1946—HI . . . | - H I I . . . | j 1947—HI . . . | —HII...| j j j 1952-HI . . . | - H I I . . . I j 1953—HI . . . | - H I I . . . | 2.9 TABLE 611.1 FARM R E A L E S T A T E — I N D E X O F A V E R A G E V A L U E P E R ACRE ( B A S E D ON DATA P R O V I D E D BY S R S C R O P R E P O R T E R S ) 1 MARCH 1 AND NOVEMBER 1 INDEX 1967=100 1 1 1 1 1 DATE L 52.1 52.9 54.2 1.5 2 . 5 4 . 1 4 . 0 4*6 3.7 1967—HI . . . 1 - H I I . . . 1 54.9 57.1 1 . 3 4 . 0 3 . 8 5 . 4 3.9 6 . 0 1968—HI . . . 1 - H I I . . . 1 58.4 60.2 2 . 3 3 . 1 6 . 4 5 . 4 6.8 4 . 6 1969—HI . . . 1 - H I I . . . 1 6 1 . 3 6 4 . 0 1 . 8 4 . 4 5 . 0 6 . 3 5.5 6 . 6 1970-HI . . . I —H11... 1 65.8 67.5 2 . 8 2 . 6 7 . 3 5.5 8 . 4 3 . 9 1971-HI . . . I - H I I . . . I 6 8 . 4 68.6 1 . 3 0 . 3 4 . 0 1.6 4 . 0 0 . 4 1972—HI . . . 1 - H I I . . . I 69.4 71.3 1.2 2 . 7 1.5 3.9 3.5 4 . 1 1973—HI . . . 1 —HII•••1 73.1 75.2 2 . 5 2 . 9 5.3 5 . 5 7 . 6 4 . 3 1974-HI . . . 1 - H I I . . . I 1975-HI . . . 1 —HI1... I 1 1960-HI . . . 1 - H 1 I . . . I 1 1961—HI . . . 1 —H11... 1 1 1962—HI . . . 1 - H I I . . . I 1 1963-HI . . . 1 —HII...1 1964-HI . . . 1I —HII•..1 1i 1 9 6 5 — H I . . . 1I — H 1 1 . . . 11 * STARTING ARE IN 1.9 4 . 5 5 . 3 6.5 5.7 6.8 1977—HI OF EACH 7 . 2 6 . 6 6 . 1 6 . 7 106.9 111.2 2 . 3 4 . 0 6 . 9 6 . 4 6 . 9 6 . 0 112.8 116.2 1 . 4 3 . 0 5.5 4 . 5 4 . 3 4.5 117.4 119.8 1 . 0 2 . 0 4 . 1 3 . 1 3 . 1 3 . 1 122.5 127.2 2 . 3 3 . 8 4 . 3 6.2 6.8 5.8 132.5 140.9 4 . 2 6 . 3 8 . 2 10.8 12.5 9 . 5 149.8 170.0 6 . 3 13.5 13.1 20.7 18.9 20.2 187.5 204.8 1 0 . 3 9 . 2 25.2 20.5 30.9 13.8 213.0 230.3 4 . 0 8 . 1 13.6 12.5 12.0 12.2 241.9 266.8 5 . 0 1 0 . 3 13.6 15.8 20.1 13.7 282.6 5 . 9 16.8 23.7 | 1976-HI . . . I —HI I . . . 1 SURVEY 2 . 0 4 . 5 | 8 . 3 4 . 9 RESPECTIVELY. 100.0 104.5 | 6 . 8 6 . 1 FIRST 10.7 7 . 6 | 2 . 8 3 . 3 THE 8 . 2 8 . 8 1 81.9 84.6 4 . 0 0 , 3 . 6 5 . 0 1 4 . 9 6 . 0 AND 93.3 98.0 | 2 . 0 3 . 9 1976, 1.33 YEAR IS | ANNUALIZED | PERCENTAGE | C H A N G E FROM | PREVIOUS 1 DATE YEAR 1 76.7 79.7 86.2 90.1 P E R C E N T A G E CHANGE FROM P R E V I O U S | 6 . 0 5.9 1 1 I DATE 1 1 1966—HI . . . 1 —HII... 1 1 1957-HI . . . 1 —HI I . . . 1 1 1958—HI . . . 1 —H11 . . . 1 1 1959—HI . . . 1 —H11... 1 1 1 1 1 0 . 6 3.8 1 1956—HI . . . 1 —H11... 1 MARCH 1 * AND NOVEMBER I C H A N G E FROM | PREVIOUS | Q^TF INDEX 1967=100 - 1 . 4 2.8 1 1955—HI . . . 1 - H I I . . . I 1 ANNUALIZED PERCENTAGE 0 . 2 2 . 6 50.8 1954—HI . . . 1 - H I I . . . 1 CHANGE P E R C E N T A G E CHANGE FROM P R E V I O U S | | HADE | | . . . 1 11 Li ON FEBRUARY 1, AND THUS THE FACTORS FOR COMPUTING THE ANNUALIZED TABLE 621.1 MARKET MARCH 1 AND OCTOBER 1 1 |. | | 1 CHANGE FARMS 1 1 1 1 1959—HI . . . | —HII. . . | OFFERED FOR SALE LITTLE DECREASED **** * • * * **** 14. 54. 32. . . . | - H I I . . . | . . . { —HII... I **** **** **** 18. 54. 18. 15. . . . | —HI I . . . | . . . | —HII . . . | . . . | —HI I . . . | . . . | - H I I . . . | . . . | - H I I . . . | . . . | - H I I . . . | . . . | —HII...| L. EXPECTING INCREASE OF 5 S OR MORF LITTLE CHANGE DECREASE O F 5% n n MORE yno r _JJR 6 . 28. 21. 13. 50. 31. 29. 56. 13. 9. 74. 73. 13. 18. 65. 54. 17. 31. 17. 29. 51. 40. 3 2 . 31. 8. 17. 77. 78. 15. 5. 17. 12. 64 . 56. 19. 32. 29. 29. 51. 41. 20. 30. 18. 18. 76. 77. 6 . 5. 18. 12. 63. 54. 19. 34. 32. 33. 53. 43. 15. 24. 20. 22. 74. 7 4 . 6 . 4. **** **** **** **** 15. ***• 6 2 . 2 3 . **** 26. **** **** 54. **** 20. 23. 72. 5. 19. 11. 63. 53. 19. 32. 35. 34. 51. 48. 14. 16. 30. 51. 66. 47. 4 . 2 . 12. 10. 50. 50. 35. 36. 44. 29. 4 3 . 48. 11. 20. 57. 46. 40. 46. 3. 8 . 12. 17. 55. 55. 30. 26. 31. 32. 48. 47. 18. 19. 46. 44. 50. 50. 4 . 6 . 18. 19. 56. 55. 26. 26. 33. 31. 48. 46. 19. 23. 44. 41. 50. 51. 6. 8 . 18. 20. 56. 54. 26. 26. 28. 23. 47. 40. 25. 37. 38. 30. 52. 51. 10. 20. 1 1969-HI RESPONDENTS **•* 1 1968-HI DECREASED OF 75. 1 1967-HI PERCENT **** I 1966—HI CHANGED LITTLE 19. 1 1965—HI FARMLAND **** 1 1964—HI INCREASED FOR P R I C E CHANGE E X P E C T E D IN THE FOLLOWING YEAR 12. 31. I 1963-HI EXPECTATIONS 51. 43. I 1962-HI PRICE 37. 26. 1 1961-HI INQUIRIES CHANGED INCREASED AND I N M A R K E T A C T I V I T Y FROM A Y E A R E A R L I E R P E R C E N T A G E OF R E S P O N D E N T S R E P O R T I N G 1 1960—HI . . . | - H I I . . . | ACTIVITY TABLE 621.1 MARKET A C T I V I T Y CHANGE AND OCTOBER 1 FARMS 1 1 INCREASED AND PRICE EXPECTATIONS OFFERED CHANGED LITTLE FOR SALE DECREASED INQUIRIES INCREASED FOR I P E R C E N T OF R E S P O N D E N T S FARMLAND CHANGED LITTLE P R I C E CHANGE EXPECTED I N THE FOLLOWING YEAR | | I N MARKET A C T I V I T Y FROM A YEAR E A R L I E R PERCENTAGE OF R E S P O N D E N T S R E P O R T I N G DECREASED | INCREASE I OF 5% 1 OR MORE LITTLE CHANGE cXrtt1INb DECREASE OF 5% OR MORE 1970—HI . . . 1 -HII.e.l 19. 17. 53. 53. 28. 30. 19. 21. 41. 40. 40. 39. I I 25. 27. 59. 61. 16. 12. 1971—HI . . . 1 -HII...I 19. 18. 56. 58. 25. 24. 25. 36. 46 . 45. 29. 19. | | 30. 36. 60. 58. 10. 6. 1972—HI . . . 1 —HI1... 1 20. 15. 58. 58. 22. 27. 46. 54. 45. 41. 9. 5. | I 48. 64. 49. 35. 3. 1. 1973—HI . . . I —HII.••1 16. 12. 54. 50. 30. 38. 62. 62. 34. 34. 4. 4. | | 71. 70. 28. 28. 1. 2. 1974—HI . . . 1 —H11... 1 13. 13. 49. 53. 38. 35. 60. 31. 34. 43. 6. 26. I 70. 1 42. 28. 46. 2. 12. 1975-HI . . . I —HII•• • 1 18. 16. 52. 54. 30. 30. 18. 26. 40. 47. 42. 27. 1 | 23. 45. 54. 49. 23. 1976-HI . . . | —HII..• 1 16. 17. 58. 58. 27. 25. 35. 32. 49. 50. 16. 18. 1 1 47. 50. 48. 43. 7 . 1977—HI 20. 57. 23. 35. 49. 16. 1 59. 35. 6 . ...1 7 . 5. TABLE 622.1 68 CREDIT MARCH 1 AND OCTOBER CHANGE 1 CREDIT AVAILABILITY ..SAME **** **** 19. . . **** - H I I . . 27. 68. **** **** . . —HII• • 1962—HI 1963—HI . . 28. - H I I . . 1964—HI **** 28. . . - H I I . . 1965—HI . . 25. 30. - H I I . . 1966—HI 20. . . - H I I . . , 1967—HI 4. 22. . . - H I I . . , 1968—HI 14. 8. . . . 16. - H I I . . . 1969—HI . . . 7. 3. - H I I . . . 1 9 6 5 100 I N C R E D I T C O N D I T I O N S FROM S I X M O N T H S P E R C E N T A G E OF R E S P O N D E N T S R E P O R T I N G HIGHER. 1961—HI PER CENT, WITH CONDITIONS INTEREST -LOWER., **** 7 3 . 8. **** **** HIGHER. RATES SAME LOWER. **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** 5. **** EARLIER 6 9 . 3. **** **** 6 7 . 5. **** **** **** **** **** **** 62. 7 0 . 5. 4. **** **** **** **** **** 5 6 . 2 4 . 20. **** 69. **** **** **** **** 4 2 . 5 6 . 3 3 . 25. **** **** **** **** **** **** 4 7 . 58. 26. 45. 87. 71. 27. 2. 92. **** 7. **** 1. **** 4 9 . 44. 6 9 . 28. THROUGH OCTOBER THE D I F F E R E N C E 1967, BEING 12. T H E P E R C E N T A G E S SHOWN DO N O T R E S P O N S E S OF "DON *T K N O W . " 1. TOTAL TABLE 6 2 2 . 1 CREDIT "CHANGE MARCH 1 AND OCTOBER CREDIT 1 -HIGHER I N C R E D I T C O N D I T I O N S FROM S I X M O N T H S P E R C E N T A G E OF R E S P O N D E N T S R E P O R T I N G INTEREST AVAILABILITY .SAME SAME LOWER 88. •*** 11. **** 1. **** 5 1 . 6 7 . 4 0 . 1971—HI . —HI I • 46. 34. 4 2 . 5 6 . 12. 10. 1972—HI . -HII. 48. 4 3 . 4 8 . 5 4 . 4 . 3 . 1973—HI - H I I . 3 9 . 16. 5 6 . 4 7 . 5 . 37. 28. 5 8 . 55. 3 8 . 14. 81. 28. 7 0 . 87. 12. 53. 52. 10. 11. 14. 15. 69. 7 5 . 9 . 71. 17. 4 8 . 3 5 . 1976—HI . - H I I . 29. 24. 6 5 . 1977—HI 30. 62. 5 7 . 2 7 . 4 5 . 1975-HI . - H I I . ., 7. 31. 62. 2 3 . 68. 61. 17. 56. 28. 61. 12. 3 9 . 8 7 . 14. 4. 16. RATES HIGHER 3 0 , 1974—HI . -HII, EARLIER LOWER 3. 9, 1970-HI - H I I . CONDITIONS 12. 21. 5 . 2. 1. 5. 1. 20. 3 . 17. 10. 21. 69 TABLE 631,1 70 FARM R E A L E S T A T E T R A N S F E R S BY M E T H O D OF T R A N S F E R ( B A S E D ON D A T A P R O V I D E D BY S R S C R O P R E P O R T E R S ) MARCH NUMBER 1 |. | YEAR ENDING 1* TRANSFERS 1 | TOTAL 1931 1 9 3 2 . . , . 1 9 3 3 . . . . . | 1 9 3 4 . . . . . * 1935 | 1936 | 1937 | 1938 | 1939 | 1 9 4 0 . . . » . | 1941 | 1942 | 1943 | 1 9 4 4 . . . . . | 1945 | 1 9 4 6 . . . . . | 1947 | 1948•* . . . | 1 9 4 9 * . . . . | 1950 | 1 | 1953 | 1954 | 1955. I 1 9 5 6 . . . . 1 9 5 7 . * | 1958.. . . | 1959 1 I 9 6 0 . . . . , | 1 9 6 1 . . . . . | 1962 | 1963 | 1964 | 1965 | 1966 | 1967 | 1 9 6 8 . 3 , E . | 1969 | 1970 1 1 9 7 1 . . , . . | 1 9 7 2 . . . . . | 1973 | 1974 | 1 9 7 5 . . . . . | 1976 1 1977 | METHOD I 1 1 1 1. 1 | | 1951 1952 OF VOLUNTARY * * * * ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 280.9 282.5 264.8 240.2 215.6 201.2 205.6 189.1 181.2 174.5 169.1 154.6 154.7 146.0 148.1 139.7 139.7 131.7 127.6 125.6 111.2 111.6 127.7 145.7 151.2 123.0 107.9 108.8 199.7 206.1 190.1 168.7 143.0 137.7 133.9 123.9 117.3 112.1 109.8 9 7 . 3 9 5 . 8 92.9 95.5 8 9 . 7 9 3 . 7 9 1 . 2 87.5 85.6 75.6 7 4 . 6 9 0 . 0 107.0 106*9 83.2 71.8 7 0 . 7 42.0 38.7 35.6 34.0 33.5 29.5 38.6 34.8 34.3 35.0 32.3 32.3 34.6 31.2 29.5 29.3 27.4 21.6 20.4 20.4 17.8 17.7 18.5 21.2 21.4 18.4 16.1 16.5 * * * * * * * * IANSFERS TRANSFER TOTAL ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** * * * * OF ESTATE SETTLEMENT ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** * * * * (THOUSANDS) FORECLOSURE ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** * * * * * * * * * * * * * * * * * * * * OTHER * * * * * ***** *:%•<*.** ***. A* ***** ***** 7 . 5 7 . 8 8 . 1 31.8 29.8 3 1 . 0 2 6 . 1 25.8 2 5 . 6 23.4 2 2 . 4 23.1 21.5 21.2 19.9 18.9 17.9 18.2 16.3 15.9 16.6 16.7 16.9 14.7 15.7 15.7 14.1 2 0 . 6 17.9 16.1 18.1 11.3 13.4 8 . 4 9 . 7 8 . 0 6 . 5 5.9 5 . 8 5.1 5 . 4 4 . 0 4 . 9 4 . 5 2 . 8 2 . 4 3 . 0 2 . 7 2.9 3.6 3 . 5 3 . 4 2 . 2 3 . 4 3.8 3 . 6 I * STARTING IN 1976, DATA ARE FOR THE YEAR ENDING FEBRUARY 1. THE FARM REAL OF THE METHOD VOLUNTARY 6.19 7 . 6 7 9.36 7.86 6.91 7.29 7 . 4 0 6.54 6.38 6.30 6.37 6.61 6 . 7 0 7 . 6 1 6.97 7.50 7.58 6.59 5.69 5.22 5 . 4 0 5.21 4 . 8 7 4.51 4.65 4.97 4.78 4 . 8 0 4 . 8 0 4.71 4 . 4 4 4.59 4.48 4 . 6 9 4.64 4 . 6 3 4.45 4.42 4.48 4 . 1 4 4.28 4 . 7 9 5.59 5.83 4.78 4.27 4 . 3 0 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** PERCENTAGE 1 | 1 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** AS ESTATF OF ESTATE SETTLEMENT 1.90 1.62 1.68 1.78 1.94 2.48 3 . 1 5 3.05 2.97 3.02 3.41 4.17 4.58 5.59 5.15 5.74 5.77 4.90 4.08 3.71 3.94 3 . 7 4 3.42 2.99 3.19 3.23 3.13 3.12 3.13 3.07 2.81 2.85 2.85 3.03 3.03 3.04 3.06 2.78 2.87 3.40 4 . 1 0 4.12 3.23 2.81 2.80 0.57 0.62 0 . 7 0 0 . 6 7 0.71 0.74 0.84 0.82 0.80 0.82 0 . 8 1 0.80 0 . 8 1 0.92 0.90 0.92 0.99 0.92 0 . 8 4 0.78 0 . 7 4 0 . 7 0 0.69 0 . 7 0 0.69 0 . 9 4 0.88 0 . 9 1 0.95 0.90 0 . 9 3 1.02 0 . 9 6 0 . 9 1 0 . 9 4 0 . 9 0 0.73 0.70 0.72 0 . 6 5 0 . 6 6 0.68 0 . 8 1 0 . 8 3 0.72 0 . 6 3 0 . 6 5 SITUATION PROVIDES 3.11 3.09 TOTAL NUMBER OF FARMS TRANSFER FORECLOSURE 1.87 2 . 8 4 3.88 2 . 8 0 2 . 1 0 2 . 0 3 1.81 1.43 1.35 1.26 1.05 0.62 0 . 4 4 0 . 3 1 0.19 0.15 0 . 1 1 0 . 1 0 0.12 0 . 1 4 0 . 1 5 0.16 0 . 2 3 0.28 0 . 2 0 0.23 0 . 2 0 0.17 0.16 0.16 0.15 0 . 1 6 0.12 0.16 0 . 1 4 0 . 0 9 0.08 1.85 2.59 3 . 1 0 2 . 6 1 2 . 1 6 2 . 0 4 1.60 1 . 2 4 1.26 1.20 1.10 1.02 0.87 0.79 0 . 7 3 0 . 6 9 0 . 7 1 0 . 6 7 0.65 0.59 0 . 5 7 0.61 0 . 5 3 0 . 5 4 0.56 0 . 5 4 0 . 5 4 0 . 5 9 0.58 0 . 5 9 0.57 0.56 0 . 5 5 0.58 0 . 5 3 0 . 5 4 0 . 5 5 0.57 0.60 0.55 0.63 0.57 0 . 5 4 0 . 7 9 0 . 7 0 0.68 0.71 0 . 1 1 0 . 1 0 0.16 0 . 1 4 0.14 0.13 0.09 0 . 1 3 0 . 1 5 0 . 1 4 DATA BACK OTHER TO 1926. SECTION 632 FARM REAL ALL YEAR ENDING MARCH 1 NUMBER OF TRANSFERS (THOUSANDS* ESTATE CREDIT—FINANCED TRANSFERS VALUE A C R E S SOLD $ I TOTAL PER I MILLIONS I I (THOUSANDS) TRANSFER I OF i t DOLLARS NUMBER OF TRANSFERS (THOU- PER ACRE SANDS) (DOLLARS) 632.1 196 6 196 7 1966 1969 197C 197 1 197 2 197 3 197 4 1 9 7 5 . . . , . 19 t o* • » • • 1977»*#*. 113.6 110.7 104.6 100.0 89.0 90.0 105.9 125.0 125.0 99.1 85.4 5324. 5770. 5486. 5360. 5368. 5135. 7248* 10593. 14202. 11827. 12213. 15147. 233. 233. 230. 221. 247. 221. 257. 291. 334. 272. 271. ?74- 26498. 25786. 24067. 22139. 22014. 19891. 27249. 36314. 41761. 26978. 23142. -1 2 . 9 5.9 4.8 1.0 1.0 15.9 19.1 0.0 -2 5.9 -13.7 446. -284. -126. 8. —233. 2113. 3345. 3609. -2375. 386. 2934. -0. -3. - 8 . 26. -26. 36 . 33. 44. —62 . - 1 . 3. -712. -1719. -1928. -125. -2123. 7358. 9065. 5447. -14783. -3836. Q_ 6%?.3 1967.....1 1968.... * I 1969..**.( 1970*.•».1 1971.* . . . I 1972..,..1 1973 1 1974 1 1975.....1 1976*....1 ON —2 . 6 - 5 . 3 - 4 . 6 -11.0 1.1 17.7 18.C 0.0 -20.7 -13.8 -0.9 THE C R E D I T - F I N A N C E D 1.0 0.0 TRANSFERS 8.4 -4.9 —2*3 0.1 -4.3 41.1 46.2 34.1 -16.7 3.3 -0.1 -1.4 -3.6 11.7 -10.6 16.4 12.9 15.0 -18.5 —0.5 - 2 . 7 - 6 . 7 —8 . 0 —0.6 - 9 . 6 37.0 33.3 15.0 -35.4 -14.2 AS , PERCENTAGES 24.0 I | | I | | I I | | I 1 201. 224. 228. 242. 244. 258. 266. 292. 340. 438. 528. 654. CHANIftp 632-2 1967 » . . « . ! 1968 1 1969.«...| 1970.....1 1971.....1 1972.....1 1973.....1 1974...».1 197 5 » • • » . ! 1976.... * I TRANSFERS 23. 4. 14. 2. 14. 8. 26. 48. 98. 89. 127. 6.2 0 5 3 9 . . . . 7 9 0 7 16.6 28.9 20.4 78.8 79.8 67.7 70.2 61.1 74.5 85.6 105.6 103.7 84.8 71.8 73.3 FRO* 1.0 -12.1 2.5 -9.1 13.4 11.1 20.0 -1.9 -18.9 -13.0 1.5 1.3 -15.2 3.7 -13.0 21.9 14.9 23.4 -1.8 -18.2 -15.3 24*0 OF DATA ON ALL I I VALUE MILLIONS OF PER ACRE 4014. 4398. 3651. 4219. 3708. 4414. 5990. 8943. 12300. 10195. 10167. **** DOLLARS . I D O L L A R S ) | DEBT | (MILLIONS I OF I DOLLARS) I AMOUNTS P E R C E N T A G E CHANGE 11.4 1.9 ACRES SOLD I I PER I TOTAL I TRANSFER| j(THOUSANDS) TRANSFERS ****** **** 19242. 15854. 17521. 241. 234. 250. 16000. 262. 16887. 22701. 29896. 38574. 24205. 20131. 227. 265. 283. 372. 285. _20122. PREVIOUS 280. 275. 229. 230. 241. 232. 261. 264. 299. 319. 421. 505. 2894. 3211. 2703. 3152. 2682. 3239. 4440. 6960. 9285. 7763. 7623. 9736. 12752. 634. 384. -747. 568. -511. 706. 1576. 2953. 3357. -2105. ***** 2. 11. -9. 30. 2. 35. 20. 102. 84. 129. 317 -508 449 -470 557 1201 2520 2325 -1522 -140 ***** 11.0 -15.8 16.6 -14.9 20.8 37.1 56.8 33.4 -16.4 -1.8 YEAR ******* -3388. 1667. -1521. 887. 5814. 7195. 8678. -14369. -4074. -9. FROM P R E V I O U S ***** -17.6 10.5 -8.7 5.5 34.4 31.7 29.0 -37.3 -16.8 -o.o ***** - 7 . 15. 12. -35. 39. 18. 89. - 8 7 . —5 . - 6 . -28. 2585. 2113 YEAR ***** -2.9 6.6 4.9 -13.4 17.0 6.8 31.4 -23.3 -1.8 - 2 . 1 9.6 -17.0 15.6 -12.1 19.0 35.7 49.3 37.5 -17.1 —0.3 25.4 0.8 4.6 - 3 . 8 12.8 0.9 13.4 6.6 32.1 19.9 25.5 27.7 TRANSFERS. 71 TABLES 641.1 641.1 AND USE OF 642.1 CREDIT IN TRANSFERS 642.1 PERCENTAGE I OF I 1 TRANSFERS | ON WHICH | D E B T WAS INCURRED I YEAR ENDING MARCH 1 L I | | | | | | | | | | 1940 194 1 194 2 194 3 1944 194 5 1946 194 7 194 8 194 9 I 1 9 5 0 . . . . . | 1951 | 1952. , . . . | 1 9 5 3 . . . . . | 195 4 | 195 5 | 195 6 | 195 7 | 195 8 | 195 9 | I I 9 6 0 . . . . . | 196 1 | 1962 | 196 3 | 196 4 | 196 5 | 196 6 | 196 7 | 196 8 | 196 9 | I | | | 197 0 197 1 197 2 1 9 7 3 . . . . . | 1974 | 197 5 | 197 6 | 197 7 | L_ CREDIT-FINANCED CREDIT-FINANCED DEBT AS PERCENTAGE OF PURCHASE PRICE SALES ACRES NUMBER OF TRANSFERS TOTAL AS TRANSFERS PERCENTAGE SOLD I __l. AVERAGE | PER | 52. 55. 48. 44. 44. 43. 47. 52. 56. 58. 54. 56. 60. 62. 64 • 67. 68. 67. 67. 67. 67. 71. 73. 73. 73. 77. 80. 79. 80. 78. 84. 82. 86. 86. 88. 87. 88. 66. 68. ***** ***** ***** ***** ***** ***** **** **** **** **** **** **** **** **** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** **** **** **** **** **** **** **** **** ***** ***** ***** ***** ***** ***** ***** ***** **** **** ***** ***** **** **** ***** ***** **** **** **** **** **** **** ***** ***** ***** ***** ***** **** **** **** **** ***** ***** ***** ***** ***** ***** ***** 5 5 5 5 5 5 **** **** **** **** **** **** **** **** **** **** **** **** **** **** *#*$ **** **** **** **** **** **** **** **** **** **** **** . . . . . . 57 54 55 56 59 59 . . . . . . 61. 63. 64 . 64. 65. 66. 68. 70. 71. 72. 72. 73. 74. 74. 73. 73. 74. 78. 75. 76. 76. 77. **** **** **** **** **** **** 6 9 . 4 **** 72.1 64.6 70.2 74.6 65.9 79.1 68.7 7 8 8 8 9 8 82.8 80.8 8 8 8 8 4 3 5 4 . . . . 5 0 6 1 86.6 PER **** **** **** **** **** **** **** **** **** **** 64. 2 4 3 2 2 9 . . . . . . 7 9 3 3 4 7 87.0 86.9 ***** ***** ***** ***** 103.5 102.0 75.4 76.2 66.6 112.7 78.7 99.5 105.9 69.1 9 5 . 0 101.3 99.2 102.5 93.8 96.1 9 5 . 7 96.9 102.6 103.1 97.5 111.3 104.9 103.5 100.3 ALL TRANSFERS DEBT OF A S PERCENTAGE VALUE O F — VALUE ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** **** **** **** 8 7 6 6 7 6 SALES ACRE **** **** **** 60. ALL WITH TOTAL TRANSFER I *** OF COMPARED 86.0 82.6 84*4 86.6 86.2 83.2 84.2 102.1 101.0 ALL TRANSFERS CREDITFINANCED TRANSFERS **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** 54 55 4 9 58 7 7 7 7 .4 .6 . 3 .8 50.0 6 3 . 1 61.3 65.7 65.4 65.6 62.4 6 4 . 3 **** 2 3 4 4 . . . . 1 0 0 7 7 2 . 3 7 3 . 4 74.1 77.8 75.5 7 6 . 1 7 5 . 0 76.3 TABLE 643.1 PERCENTAGE SELLERS YEAR ENDING HAftGH—1 DISTRIBUTION OF OF CREDIT FOR FARM REAL |COMMERCIAL|INSURANCE | BANKS (COMPANIES FARMS TOTAL - EXTENDED TOTAL CONTRACT MORTGAGE 1 I ESTATE | | PURCHASES FEDERAL LAND 1 ..BANKS I I OTHER LENDERS 1 1964 100. 4 7 . **** **** 9 . 20. 7. 17. 1965 100. 4 4 . **** **** 9. 20. 8. 19. 1966 100. 3 8 . **** **** 10. 26. 10. 16. 1967 100. 4 9 . **** **** 11. 15. 11. 14. 1968 100. 54. **** **** 11. 17. 9. 9. 1969 100. 4 9 . 4 2 . 7. 10. 19. 13. 9. 1970 100. 6 1 . 53. 8. 9 . 8 . 12. 10. 1971 100. 5 1 . 44. 7. 12. 8. 21. 8. 1972 100. 46 * **** **** 11. 11. 24. 8. 1973 100. 4 2 . 32. 10. 11. 11. 30. 6. 1974 100. 4 4 . 32. 12. 10. 11. 25. 10. 1975 100. 4 3 . 3 0 . 13. 7 . 7 . 33. 11. 1976 100. 4 4 . 33. 11. 10. 9 . 30. 8. 1977 100. 3 9 . 29. 10. 10. 13. 28. 11. D A T A ARE B A S E D ON U N W E I G H T E D R E P O R T S B Y R E A L E S T A T E B R O K E R S A N D O T H E R S I N T H E U S D A S U R V E Y . P R I O R TO 1968, P U R C H A S E S F I N A N C E D BY TWO OR MORE L E N D E R S ARE I N C L U D E D W I T H " O T H E R L E N D E R S . H FOR 1 9 6 8 - 1 9 7 2 , A L L C R E D I T E X T E N D E D I N C O N N E C T I O N W I T H S U C H P U R C H A S E S I S T A B U L A T E D A C C O R D I N G TO T H E S O U R C E O F THE PRIMARY C R E D I T . BEGINNING IN 1 9 7 3 , T H E D A T A I N D I C A T E THE D I S T R I B U T I O N O F F U N D S A C T U A L L Y E X T E N D E D BY EACH LENDER GROUP. TABLE 74 6 5 1 . 1 PERCENTAGE METHOD OF OPERATION DISTRIBUTION BEFORE YEAR ENDING MARCH COMPLETE 1 TOTAL PART OF FARM ANOTHER FARM 2 2 . OF SALE FARM REAL | 1 PART-TIME METHOD | FARM | 1 ESTATE OF TRANSFERS OPERATION COMPLETE AFTER PART OF SALE PART-TIME TOTAL FARM ANOTHER FARM 6 5 . 29. 6 . 6. FARM 5. 1 | 100. 2 4 . 5. 1 | 100. 6 2 . 2 4 . 6 . | 100. 6 0 . 32. 33. 2 6 . 5. | 100. 5 5 . 38. 2 8 . 6 . 6 . | | 100. 8. 100. 53. 4 9 . 39. 2 9 . 42. 9. 6 5 . 3 0 . 5. 1 | 100. 6 4 . 3 1 . 5. 100. 100. 100. 6 2 . 3 2 . 3 1 . 6 . 7. | | | 3 4 . 6 . | 1954 100. 7 3 . 1 9 5 5 . . . . . 1956 100. 100. 7 1 . 7 0 . 1957 100. 6 9 . 1958 100. 1959 100. 66 . 6 5 . 1960 100. 1961 1962 1 9 6 3 . . . . . 1964 6 2 . 6 0 . 7. 7. 100. 4 8 . 4 4 . 8. 100. 100. 4 6 . 46 . 4 6 . 100. 100. 4 3 . 48. 50. 8. 8. 9 . 4 2 . 46. 8 . 1965 100. 5 8 . 3 5 . 7. 1 | 1966 1967 100. 3 8 . 100. 100. 53. 5 7 . 9 . 3 5 . 3 6 . 8. 9 . | | 3 5 . 54. 1968 1969 100. 100. 100. 100. 3 5 . 3 8 . 3 8 . 12. | 2 9 . 10. | 100. 100. 53. 57. 60. 11. 13. 14. 1970 1 9 7 1 . . . . . 1972 100. 4 0 . I | | | 100 100 100 100 2 5 . 2 6 . 3 0 . 5 5 . 5 0 . 5 2 . 100. 4 9 . 4 6 . 5 2 . 5 3 . 4 1 . 3 9 . 1 1 . 10. 9 . 9 . 1974 100. 100. 100. 3 7 . 10. | 100. 1975 100. 1976 1977 100. 4 5 . 4 9 . 4 5 . 4 2 . 10. 9 . | | 100. 4 3 . 4 7 . 10. | 100. 1973 5 0 . 4 4 . 1 . . . . 2 7 . 61. 13. 14. 15. 3 1 . 3 4 . 59 56 57 54 . . . . 12. 12. 100. 2 8 . 59. 13. 100. 2 9 . 59. 12. 2 5 . 63. 12. 14. JABLE 652.1 YEAR ENDING MARCH 1 1954 195 5 195 6 195 7 195 8 195 9 196 0 196 1 196 2 196 3 1 9 64 196 5 196 6 196 7 196 8 196 9 197 197 197 197 197 0 1 2 3 4 197 5 197 6 197 7 PERCENTAGE 1 1 1 1 I 1 1 1 | METHOD OF 1 1 1 COMPLETE 1 1 1 1 I 1 1 I 1 1 1 1 1 1 1 1 1 1 1 I 1 1 1 1 1 1 1 1 1 1 1 | INTENDED 1 | COMPLETE j FARM | 100. 100. 100. **** 100. 100. OPERATION PART OF ANOTHER FARM OF FARM REAL OPERATION PART OF FARM $ TOTAL DISTRIBUTION ESTATE BEFORE ANOTHER TRANSFERS SALE— PART-TIME FARM S A L E - | INTENDED OPERATION AFTER S A L E — 1 PART-TIME PART OF P A R T - T I M E 1 COMPLETE FARM ANOTHER I FARM FARM FARM 1 AFTER INTENDED COMPLETE FARM FARM OPERATION PART OF ANOTHER FARM AFTER SALE— PART-TIME FARM 1 1 1 6. 15. 1. 1. 1. 3. 2. 3. **** 3. 3. 1 1 j 6. 6 • **** 1. 2. **** 1. 1. 3. 3. **** 6. 5. 1. 1. **** 1. 2. 1. 1. **** 1 1 j 17. 17. **** 21. 22. 1. 1. 4. 4e 20. 21. 20. 22. 22. 3. 3. 3. 3. 3. 1 I | 1 1 1 5. 5. 6. 5. 6. 23. 24. 24. 24. 26. 2. 2. 2. 2. 2. 1. 1. 1. 1. 1. 1. 1. 2. 2. 2. 3. 3. 3. 4. 3. 32. 29. 30. 23. 22. 23. 24. 21. 23. 26. 3. 4. 4. 4. 4. 1 1 | j 5. 5. 4. 4. 1 i 4. 28. 27. 28. 30. 30. 2. 3. 4. 4. 4. 1. 1. 1. 2. 1. 2 3 3 4 4 4. 4. 5. 6. 5. 1 | 58. 13. 2. 1 | 1 j 55. 52. **** | | 45. 43. 14. 15. **** 16. 19. 42. 40. 39. 37. 35. 100. 100. 100. 100. 100. 1 1 I | 1 I 1 | | | | | 100. 100. 100. 100. 100. 1 I 1 1 1 | 19. 21. 25. 26. 28. 25. 21. 21. 23. 22. 5. 4. 4. 3. 3. 4. 4. 4. 4. 4. 32. 34. 32. 31. 29. 4. 6. 5. 4. 4. 2. 1. 1. 1. 1. 4. 4. 3. 3. 4. 5. 5. 5. 5. 5 • 100. 100. 100. 1 1 I | 1 1 t 1 1 | 21. 24. 19. 21. 23. 21. 3. 2. 3. 1 1 1 5. 4. 5. 35. 34. 38. 5. 4. 4. 1. 1. 1. 4. 3. 4. 5. 5. 5. 100. 100. 100. 100, 100. 1 . . . . . 1 75 TABLE 76 653.1 PERCENTAGE D I S T R I B U T I O N YEAR ENDING MARCH 1 TYPE | | | 1 1 1 1 ACTIVE TENANT 1967 1968 1969 | 1 | | | | | 1970 1971 1972 1 9 7 3 . . . . . | 1974 | 1975 | 1976 | 1977 | NUMBER OF 35. 36. 33. 33. 33. 29. 29. 30. 32. 31. 1 NONFARMERI. 1 1 1 1 37. 38. 38. 38. 38. 39. 38. 40. 40. 41. 1 1 | | | | | | | | | | j 32. 33. 37. 36. 34. 37. 36. 36. 32. 33. 34. 38. 37. 38. 38. 37. 40. 40. 40. 40. | | | | | | | | | | 1 47. 48. 48. 51. 48. 51. 54. 51. 48. 48. 37. 35. 35. 34. 36. 33. 34. 36. 41. 40. | | 1 | | | 1 | | | 13. 11. **** **** **** 47. 51. **** ***• **** 40. 38. | | 12. **** 51. **** 53. INCLUDES j FARM REAL E S T A T E OF OWNEROPERATOR ACRES **** **** **** **** **** ***• **** **** **** **** 11. *•** **** **** **** **** **** j j j 37. | j 7. **** 37. | 8. 57. **** j **** j *•** **•* **** 1 | | | | **** | FARMERS. ADDITIONAL j j **•* j **** **** | | **** 1 | **** **** **** **** **** **** VALUE **** j j | j j j j | **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** 58. **** **** **** 48. **** 58. **** 30. **** **** **** **** **** | **** 31. i | **** **** 40. **** | | | j **** 12. **** **** **** 7. **** 35. | 8. **** j TRANSFERRED **** **** **** **** **** **** **** **** **** **** j i | 1 NONFARMER | 1 **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** 1 RETIRED j **** **** *•** 58. **** **** * • • • 53. **** | j **** **** **** **** **** **** **** **** **** •*** **** *••• **** **•* **** **** j j j **** **** OWNERHPPRATHD 1 | **** **** FARMER TENANT » **** **** **•* **** ***• **** **•* **** **** **** **** **** **** ACTIVE 1 | **** • *** **** **•* **** **** **** **•* **** **** **** *•** ***• |1 I 1I NONFARMERI |1 1 11 1 TRANSFERRED **** **** **** **** **** **** **** **** **** TRANSFERS BUYER FARMER TENANT 1 | TRANSFERS 16. 17. 17. 15. 16. 16. 13. 13. 11. 12. 11. ACTIVE 1 33. 31. 30. 32. 33. 34. 35. 34. 36. 37. 29. 24. 25. 24. 24. 24. 22. 20. 20. 19. 1 "NONFARMER" OWNER- OPERATOR. 1 1 9 4 0 . . . . . | 1941 I 1942 | 1943 | 1944 | 1945 | 1946 | 1947 | 1 9 4 8 . . . . . | 1949 | | 1950 | 1951 | 1952 1 1953 | 1954 | 1955 | 1956 1 1957 | 1958 | 1959 1 | 1960 | 1961 | 1962 | 1 | FARMER J L 1964 1965 OF 45. **** 34. 1 DETAIL IS SHOWN IN FARM REAL ESTATE MARKET DEVELOPMENTS;. TABLE 654.1 PERCENTAGE DISTRIBUTION OF FARM REAL TYPE OF SELLER ESTATE TRANSFERS OTHER TOTAL DEFINITION TIME RFAL 16. 16. 53 54 55 54 52 100. 100. 100. 100. 100. 54. 52. 51. 47. 38. 18. 20. 20. 100. 100. 100. 100. 100. 50. 49. 49. 48. 48. 13. 14. 14. 15. 14. 100. 100. 100. 100. 100. 48. 36. 38. 36. 39. 15. 19. 100. 100. *•** 38. 38. **** **** **** 16. 18. 15. **** **** **** 19. **** **** **** 37. **** 15. **** 18. **** 36. 15. 100. **** 100. THE J 100. 100. 100. 100. 100. **** **** OVER FARM ESTATE RETIRED FARMER ACTIVE FARMER OF "ACTIVE . . . . . FARMER" 16. WAS CHANGED 16. 26. 11. 12. 12. 12. 25. 25. 12. 18. 16. 16. IN 1966. 17. 17. **** **** **** 16. 16. 17. **** **** **** **** 15. 15. 12. 14. 13. **** 13. **** 13. 13. 13. 13. 13. 12. 16. 16. **** **** 2 ** ** ** 5 * * * . * * * **** **** 14. 13. **** **** **** 14. 15. **** **** **** **** **** **** **** **** 30. •*** 12. **** 13. **** 5. **** 13. 5. . . . . . APPEARS 13. 14. 13. 14. 14. 14. 16. 13. 31. IT * * * * **** **** 19. 15. 5 7 0 3 9 28. 28. **** 19. * * * * OTHER OWNER **** **** **** **** **** 2 2 3 3 2 17. * * * * ABSENTEE 12. 26. 26. 13. I S A L S O A F F E C T E D B Y V A R I A T I O N S I N THE F S T A T F MARK F T D F V E L O P M E N T S A L S O SHOWS 16. 16. 26. 15. 17. 16. * * * * 15. 15. 16. 15. **** **** **** **** 17. 15. 16. LOCAL NONFARMER 16. 16. 16. 16. 17. TOTAL 17. 17. 15. 14. 14. 15. 14. 15. I. I THAT COMPARABILITY U S E A N D D E F I N I T I O N OF THE " O T H E R " PERCENTAGE D I S T R I B U T I O N S OF ACRES OF THESE CATEGORY. AND VALUE SERIES SOLD. TABLE 655.1 PERCENTAGE y E A R I ENDING MARCH 1 | I PROBABLE FARMING ONLY RESIDENTIAL NUMBER OF OTHER DISTRIBUTION USE j I OF I PROPERTY FARMING ONLY 1 I TRANSFERS OF FARM REAL FIVE YEARS AFTER RESIDENTIAL ACRES ESTATE OTHER TRANSFERS PURCHASE j | FARMING ONLY 1 | TRANSFERRED . RESIDENTIAL VALUE ~ OTHER TRANSFERRED j 1972,....J 81. 14. 5. | 90. 8. 2. | 85. 12. 3. 1 9 7 3 j 83. 12. 5. I 93. 4. 3. | 86. 8. 4. 1 9 7 4 ! I j • 83- 12. 5. 91. 6. 3. 9. 4. 10- 5. 93. 3. 4. | | | | 87. 8 5 | I I I I I | 91. 6. 3. 1 9 7 5 1 9 76 I j 1 9 7 7 J "RESIDENTIAL" AND 85. 80. 11. 13. 4. 7. 93. 91. 3. 4. 4. 5. | | | 92. 90. 5. 6. I S THE SUM OF " R U R A L R E S I D E N C E " AND " S U B D I V I S I O N " U S E S L I S T E D I N FARM R F A I F S T A T F MARKET WHICH ALSO SHOWS FURTHER D E T A I L FOR THE " O T H E R " CATEGORY AS WELL A S DATA ON AVERAGE P E R - A C R E VALUE BY THE V A R I O U S PROBABLE FUTURE U S E S . DEVELOPMENTS, ACREAGE * 3. 4. AGRICULTURAL FINANCE 700 FUNDS FLOW 710 OF FARM 711 CAPITAL CAPITAL 7 1 1 . 1 7 1 1 . 2 712 NET CAPITAL 721.1A 723 AND FINANCING, AND ITS 82 83 RATIOS OF THE FLOW 1946-DATE OF FUNDS 84 AND USES OF FUNDS 85 FLOWS MAJOR SOURCES OF FUNDS.. CREDIT MARKET 86 INSTRUMENTS FOR USES OF FUNDS MAJOR USES OF FUNDS SECTION FLOW O F BASIC ACCOUNTS, USES 723.2A A FUNDS AND 723.1A AND OF FLOWS FUNDS SOURCE: 1950-DATE FINANCING OF 724.1 A 1977 80 81 SOURCES DETAIL NOVEMBER FINANCING FOR 724 SERIES RATIOS CAPITAL SOURCES DETAIL ITS ITS SECTOR SOURCES CAPITAL 722.1A FOR AND AND FLOW BUSINESS INCOME 722 FLOW AMOUNTS ANALYTICAL FARM 721 FLOW AMOUNTS ANALYTICAL 7 1 2 . 1 7 1 2 . 2 720 DATABOOK — A N N U A L 87 88 710, FROM S E C T I O N S 1 0 0 , F U N D S A C C O U N T S » FLOW O F STATISTICS, PRESENTATION BOARD AND OF 500, 600, 800, FUNDS S E C T I O N , GOVERNORS COMPARISON OF OF THE THE AND 9 0 0 ; DIVISION FEDERAL SERIES IN SECTION 7 2 0 , OF R E S E A R C H RESERVE SECTIONS SYSTEM. 710 AND 720, S E E " T H E FARM B U S I N E S S S E C T O R I N T H E N A T I O N A L FLOW O F F U N D S A C C C & N T S , " 1 9 7 0 P R O C E E D I N G S O F THE B U S I N E S S AND E C O N O M I C S T A T I S T I C S S E C T I O N . A S A , 1971. FOR RECENT DISCUSSIONS OF DATA IN SECTION 710, SEE "SOME CURRENT ASPECTS OF AGRI- CULTURAL F I N A N C E AND B A N K I N G I N THE U N I T E D S T A T E S , " A J A E . DECEMBER 1 9 7 7 , AND "FARM F I N A N C E — C U R R E N T D E V E L O P M E N T S IN P E R S P E C T I V E , " A G R I C U L T U R A L F I N A N C E COMMENTARY. NOVEMBER 1 9 7 7 ( A V A I L A B L E FROM E . M E L I C H A R ) . IN SECTION 7 2 0 , TITLES A N D / O R D E F I N I T I O N S O F SOME S E R I E S D I F F E R FROM T H O S E OF S I M I L A R U S D A C A U S E T H E T E R M I N O L O G Y AND C O N S T R U C T S R E F L E C T T H O S E U S E D I N N O N - U S D A ( S E E I N T R O D U C T I O N TO FLOW Q F F U N D S . F E D E R A L R E S E R V E B O A R D , F E B R U A R Y SERIES BESOURCES 1 9 7 5 ) . 80 TABLE 7 1 1 . 1 C A P I T A L FLOW AND I T S F I N A N C I N G AMOUNTS I N M I L L I O N S OF DOLLARS CAPITAL TOTAL I REAL ESTATE | I PURCHASES |. | FROM I I D I S C O N T I N U I N G ! TOTAL PROPRIETORS 1 F I N A N C I N G OF FLOW CAPITAL BUILDINGS MACHINERY AND LAND IMPROVEMENTS CAPITAL FLOW FORMATION LIVESTOCK STORED CROPS FINANCIAL ASSETS TOTAL INTERNAL FUNDS INCREASE IN DEBT I FLOW | | | | | 7762. 8915. 7842. 6366. 7188. 2304. 2451. 2401. 2171. 2296. 5458. 6464. 5441. 4195. 4892. 1522. 1599. 1614. 1527. 1425. 3152. 3321. 2966. 3201. 2739. 607. 1017. 579. -81. 260. 205. 167. 342. -542. 231. -28. 360. —61. 90. 237. 7762. 8915. 7842. 6366. 7188. 6256. 7098. 6982. 6738. 6290. 1506. 1817. 860. -372. 898. 1 I | 1 1 17546, 20449, 19708, 17648, 17113, 1955...| 1956...| 1957...1 1958...| 1959...| 7199. 5773. 7584. 8956. 6930. 2589. 2655. 2861. 3081. 3165. 4610. 3116. 4723. 5875. 3765. 1385. 1392. 1411. 1355. 1654. 2760. 2406. 2512. 3150. 3414. 18. -345. -211. 576. 418. 197. -111. 829. 248. -404. 250. -224. 182. 545. -1317. 7199. 5773. 7584. 8956. 6930. 5718. 4914. 6169. 6976. 4496. 1481. 859. 1415. 1980. 2434. I j 1 1 1 16062, 16086, 16027 18340 16041 1960 . . . | 19 6 1 . . . | 1962...| 1963...| 1964...| 7468. 8144. 9309. 9539. 9064. 3067. 3264. 3354. 3635. 3862. 4401. 4880. 5955. 5904. 5202. 1686. 1748. 1832. 1886. 1918. 2802. 2866. 3190. 3525. 3770. 89. 372. 585. 396. -38. 308. —36. 35. 233. -779. -484. -70. 313. -136. 331. 7468. 8144. 9309. 9539. 9064. 6289. 6333. 6577. 6410. 6264. 1179. 1810. 2732. 3128. 2800. I I I I 1 16979 17691 18061 18089 17050 1965...| 1966...| 1967...| 1968...I 1969. 11723. 11442. 12998. 11677. 11685. 4311. 4646 • 4449. 4308. 4326. 7412. 6796. 8549. 7369. 7359. 1926. 2077. 2314. 2146. 2340. 4179. 4611. 5132. 4550. 4525. -175. 221. 82. 218. 222. 1217. -304. 575. -94. -123. 265. 191. 446. 549. 395. 11723. 11442. 12998. 11677. 11685. 7734. 7821. 9893. 9868. 9120. 3989. 3621. 3106. 1808. 2566. I I I I I 19896 21367 20002 20521 22928 1970...| 1971...| 1972...| 1973...I 1974...| 11820. 15404. 18643. 26612. 21207. 4138. 5845. 8549. 11469. 9558. 7682. 9559. 10094. 15143. 11649. 2367. 2484. 2350. 3062. 4395. 4918. 4873. 5695. 7647. 8195. 665. 460. 445. 1818. 454. -659. 937. 416. 1588. -1743. 391. 805. 1188. 102 8 . 348. 11820. 15404. 18643. 26612. 21207. 9563. 11160. 11943. 16777. 13080. 2257. 4244. 6700. 9835. 8127. I I I I I 23043 24229 30043 47973 41793 1975...| 1976...| 27127. 25249. 9883. 12274. 17244. 12975. 4318. 4981. 8837. 9585. —1006* -683. 4454. -1211. 641. 303. 27127. 25249. 18167. 14073. 8960. 11177. I I 41498 38014 19 19 19 19 19 5 5 5 5 5 0 1 2 3 4 . . . . . . . . . . . . . . . "REAL ESTATE P U R C H A S E S " I S AN ESTIMATED PROPORTION OF REAL ESTATE TRANSFERS ( T A B L E 6 3 2 . 1 ) . BEFORE 1 9 6 5 T R A N S F E R S ARE ESTIMATED FROM REAL ESTATE A S S E T S ( T A B L E 5 1 1 . 1 ) AND TRANSFER RATES ( T A B L E 6 3 1 . 1 ) . C A P I T A L FORMATION C O N S I S T S OF B U I L D I N G AND MACHINERY E X P E N D I T U R E S ( T A B L E 8 1 0 . 1 ) , N E T A D D I T I O N S TO LIVESTOCK AND S T O R E D - C R O P I N V E N T O R I E S (TABLE 9 2 1 . 1 ) , AND NET CHANGES I N CURRENCY, BANK D E P O S I T S , AND U . S . S A V I N G S BONDS ( T A B L E 5 2 1 . 2 ) . " I N C R E A S E IN DEBT" EXCLUDES CCC LOANS ( T A B L E 1 1 1 . 2 ) . F I N A N C I N G FROM " I N T E R N A L F U N D S " I S TOTAL C A P I T A L FLOW L E S S T H I S DEBT F I N A N C I N G . "FARM CASH F L O W , " WHICH I N C L U D E S UNREALIZED AND NONMONEY INCOME, I S D E F I N E D IN TABLE 9 4 1 . 1 . TABLE 711.2 1 1 1 YEAR 1 1 1 1 1 1950...| 1951...1 1952...1 1953...I 1954...| 1 1955...1 1956...I 1957...| 1958...1 1959...I 1 1960... 1 1961...1 1962...I 1963...1 1964...1 1 1965...1 1966...| 1967...1 1968...1 1969...S t 1970...i 1971...1 1972...I 1973...1 1974...| 1 1975...1 1976...1 1 THE R A T I O S CAPITAL CAPITAL FLOWS AS PERCENTAGE OF TOTAL CAPITAL FLOW REAL ESTATE PURCHASES FROM DISCONTINUING PROPRIETORS FARM CASH FLOW CAPITAL FORMATION FLOW AND I T S F I N A N C I N G ANALYTICAL R A T I O S F I N A N C I N G -AS PERCENTAGE OF FARM CASH FLOW | | 1 INTERNAL DEBT DEBT F I N A N C I N G A S PERCENTAGE O F — CAPITAL FLOW CAPITAL FORMATION 44.2 43.6 39.8 36.1 42.0 13.1 12.0 12.2 12.3 13.4 31.1 31.6 27.6 23.8 28.6 | | | | | 35.7 34.7 35.4 38.2 36.8 8.6 8.9 4.4 -2.1 5.2 19.4 20.4 11.0 -5.9 12.5 27.6 28.1 15.8 -8.9 18.4 44.8 35.9 47.3 48.8 43.2 16.1 16.5 17.9 16.8 19.7 28.7 19.4 29.5 32.0 23.5 | | | | | 35.6 30.6 38.5 38.0 28.0 9.2 5.3 8.8 10.8 15.2 20.6 14.9 18.7 22.1 35.1 32-1, 27.5 30.0 33.7 64.6 44.0 46.0 51.5 52.7 53.2 18.1 18.4 18.6 20.1 22.6 25.9 27.6 33.0 32.6 30.5 | | | | | 37.0 35.8 36.4 35.4 36.7 6.9 10.2 15.1 17.3 16.4 15.8 22.2 29.3 32.8 30.9 26.8 37.1 45.9 53.0 53.8 58.9 53.6 65.0 56.9 51.0 21.7 21.7 22.2 21.0 18.9 37.3 31.8 42.7 35.9 32.1 | 1 | | | 38.9 36.6 49.5 48.1 39.8 20.0 16.9 15.5 8.8 11.2 34.0 31.7 23.9 15.5 22.0 53.8 53.3 36.3 24.5 34.9 51.3 63.6 62.1 55.5 50.7 18.0 24.1 28.5 23.9 22.9 33.3 39.5 33.6 31.6 27.9 | | | I | 41.5 46.1 39.8 35.0 31.3 9.8 17.5 22.3 20.5 19.4 19.1 27.6 35.9 37.0 38.3 29.4 44.4 66.4 64.9 69.8 65.4 66.4 23.8 32.3 41.6 34.1 1 | 43.8 37.0 21.6 29.4 33.0 44.3 52.0 86.1 SHOWN ARE COMPUTED FROM DATA I N TABLE 7 1 1 . 1 . 82 TABLE 7 1 2 . 1 NET C A P I T A L FLOW AND I T S F I N A N C I N G AMOUNTS I N M I L L I O N S OF DOLLARS NET C A P I T A L YEAR TOTAL 19 19 19 19 19 5 5 5 5 5 0 1 2 3 4 . . . . . . . . . . . . . . . | | | | | 1 1955...| 1956...| 1957...| 1958...| 1959...| j 1960...| 1961...| 1962...| 1963...| 1964...| j 1965...| 1966...| 1967...| 1968...| 1969...| j 1970...| 1971...| 1972...| 1973...| 1974...| j 1975...| 1976...| I REAL ESTATE | I PURCHASES | | FROM | I D I S C O N T I N U I N G | TOTAL 1 PROPRIETORS I BUILDINGS AND LAND IMPROVEMENTS FLOW FINANCING NET C A P I T A L FORMATION MACHINERY LIVESTOCK STORED CROPS FINANCIAL ASSETS 607. 1017. 579. -81. 260. 205. 167. 342. -542. 231. -28. 360. -61. 90. 237. 197. -111. 829. 248. -404. OF NET C A P I T A L FLOW INTERNAL FUNDS INCREASE IN DEBT 5097. 5768. 4516. 2912. 3607. 3591. 3951. 3656. 3284. 2709. 1506. 1817. 860. -372. 898. 1 1 1 1 1 14881. 17302. 16382. 14194. 13532. 250. -224. 182. 545. -1317. 3499. 2050. 3671. 4945. 2679. 2018. 1191. 2256. 2965. 245. 1481. 859. 1415. 1980. 2434. 1 1 1 1 1 12362. 12363. 12114. 14329. 11790. TOTAL 5097. 5768. 4516. 2912. 3607. 2304. 2451. 2401. 2171. 2296. 2793. 3317. 2115. 741. 1311. 740. 655. 709. 590. 419. 1269. 3499. 2050. 3671. 4945. 2679. 2589. 2655. 2861. 3081. 3165. 910. —605 . 810. 1864. -486. 313. 379. 323. 272. 505. 132. —304 . -313. 312. 18. -345. -211. 576. 418. 3131. 3756. 4779. 4843. 4161. 3067. 3264. 3354. 363 5 . 3862. 64. 492. 1425. 1208. 299. 475. 483. 506. 478. 407. -324. -257. —14 • 237. 378. 89. 372. 585. 396. -38. 308. -36 . 35. 233. -779. -484. -70. 313. —136 . 331. 3131. 3756. 4779. 4843. 4161. 1952. 1945. 2047. 1714. 1361. 1179. 1810. 2732. 3128. 2800. 1 1 1 1 1 12642. 13303. 13531. 13393. 12147. 6612. 6058. 7217. 5477. 5111. 4311. 4646 . 4449. 4308. 4326. 2301. 1412. 2768. 1169. 785. 322. 431. 527. 224. 212. 672. 873. 1138. 272. 79. -175. 221. 82. 218. 222. 1217. -304. 575. -94. -123. 265. 191. 446. 549. 395. 6612. 6058. 7217. 5477. 5111. 2623. 2437. 4112. 3668. 2546. 3989. 3621. 3106. 1808. 2566. 1 1 1 1 1 14785. 15983. 14221. 14321. 16354. 5060. 8054. 10756. 17667. 10644. 4138. 5845. 8549. 11469. 9558. 922. 2209. 2207. 6198. 1086. 199. 99. -283. -49. 745. 326. -92. 441. 1813. 1282. 665. 460. 445. 1818. 454. -659. 937. 416. 1588. -1743. 391. 805. 1188. 1028. 348. 5060. 8054. 10756. 17667. 10644. 2803. 3810. 4056. 7832. 2517. 2257. 4244. 6700. 9835. 8127. 1 1 1 1 1 16283. 16879. 22156. 39028. 31230. 14487. 11349. 9883. 12274. 4604. -925. 189. 552. 326. 114. -1006. -683. 4454. -1211. 641. 303. 14487. 11349. 5527. 173. 8960. 11177. 1 1 28858. 24114. 1118. 545. 684. 164. 222. TABLE 7 1 2 . 2 CAPITAL 1 I 1 I YEAR NET FLOWS AS OF NET REAL ESTATE PURCHASES NET CAPITAL I I I PERCENTAGE INCOME NET CAPITAL FROM DISCONTINUING FLOW FARM C A P I T A L FLOW A N D I T S F I N A N C I N G ANALYTICAL RATIOS FINANCING NET AS PERCENTAGE FARM INCOME OF D E B T F I N A N C I N G AS P E R C E N T A G E OF — NET INTERNAL DEBT FORMATION CAPITAL FLOW NET CAPITAL FORMATION PROPRIETORS 1 3 4 . 3 15.5 18.8 2 4 . 1 10.1 2 9 . 5 5 3 . 9 1 9 5 0 . . . | 1 9 5 1 . . . 1 1 9 5 2 . . . | 3 3 . 3 14.2 19.2 22.8 10.5 2 7 . 6 2 0 . 5 12.9 5.2 2 2 . 3 23.1 5 . 3 —2 . 6 4 0 . 7 - 5 0 . 3 1 9 5 3 . . . 1 14.7 15.3 3 1 . 5 1 9 . 0 - 1 2 . 8 2 6 . 7 1 7 . 0 9 . 7 2 0 . 0 6 . 6 2 4 . 9 68.5 1 9 5 4 . . . I 1 9 5 5 . . . 1 1 9 5 6 . . . I 1 9 5 7 . . . | 2 8 . 3 2 0 . 9 2 1 . 5 2 3 . 6 16.3 9 . 6 12.0 6 . 9 4 2 . 3 4 1 . 9 162.8 * 1 6 . 6 7 . 4 - 4 . 9 1 9 5 8 . . . I 3 4 . 5 1 9 5 9 . . . ! 2 2 . 7 I 9 6 0 . . . 1 1 9 6 1 . . . 1 1 54.8 6 . 7 18.6 11.7 3 8 . 5 174.8 21.5 13.0 2 0 . 7 13.8 4 0 . 0 2 6 . 8 - 4 . 1 2 . 1 2 0 . 6 9 0 . 8 106.2 * 2 4 . 8 2 8 . 2 2 4 . 3 2 4 . 5 0 . 5 3 . 7 15.4 14.6 9 . 3 13.6 3 7 . 7 4 8 . 2 1842.9 1 9 6 2 . . . 1 1 9 6 3 . . . 1 3 5 . 3 2 4 . 8 3 6 . 2 2 7 . 1 10.5 9 . 0 15.1 12.8 2 0 . 2 2 3 . 4 5 7 . 2 6 4 . 6 191.7 2 5 9 . 0 34.3 31.8 2.5 11.2 2 3 . 0 6 7 . 3 9 3 6 . 4 1964 . . . I 4 4 . 7 15.6 8.8 17.7 2 7 . 0 6 0 . 3 15.2 28.9 2 2 . 7 3 8 . 2 3 0 . 1 2 5 . 6 3 1 . 3 2 6 . 5 15.6 15.7 5 0 . 2 3 2 6 . 8 1 9 6 9 . . . 1 8.2 4 . 8 2 1 . 8 12.6 5 9 . 8 4 3 . 0 3 3 . 0 2 5 6 . 5 5 0 . 8 2 9 . 2 2 9 . 1 3 1 . 3 1 7 3 . 4 . . . 1 . . . 1 . . . 1 . . . ! 3 1 . 1 2 5 . 4 5.7 17.2 1 3 . 9 4 4 . 6 2 4 4 . 8 1 9 7 1 . . . 1 1 9 7 2 . . . I 4 7 . 7 4 8 . 5 3 4 . 6 3 8 . 6 2 2 . 6 18.3 2 5 . 1 3 0 . 2 5 2 . 7 6 2 . 3 192.1 3 0 3 . 6 4 5 . 3 2 9 . 4 2 0 . 1 2 5 . 2 5 5 . 7 158.7 1 9 7 3 . . . 1 13.1 10.0 15.9 3 4 . 1 3 0 . 6 3 . 5 8 . 1 2 6 . 0 7 6 . 4 7 4 8 . 4 1 9 7 5 . . . 1 5 0 . 2 - 3 . 8 19.2 0 . 7 3 1 . 0 4 6 . 3 6 1 . 8 9 8 . 5 194.6 * 1 9 7 6 . . . 1 3 4 . 2 5 0 . 9 16.0 4 7 . 1 3 0 . 3 1I 1 1 1 1 1 9 9 9 9 6 6 6 6 5 6 7 8 37.9 1 1 9 7 0 . . . 1 1 9 7 4 . . . 1 19.5 I * NET THE CAPITAL RATIOS FORMATION SHOWN ARE IS NEGATIVE. COMPUTED FROM DATA IN TABLE 7 1 2 . 1 . 3 6 8 . 0 112.2 154.7 TABLE 721.1A 84 INCOME AND C A P I T A L FLOWS AMOUNTS I N M I L L I O N S OF DOLLARS 1 1 1 | YEAR 1946 1947 1948 1949 | | | | 1 1950...| 1951...| 1952...| 1953...| 1954...| 1 1955...| 1956...| 1957...| 1958...| 1959...| 1 1 1 1 1 9 9 9 9 9 6 6 6 6 6 0 1 2 3 4 . . . . . . . . . . . . . 1 1 1 1 1 . . . . . . . . . . . . . . | | | | | 9 9 9 9 9 6 6 6 6 6 5 6 7 8 9 . . . . . . . . . . 1 . . . . . U S E S OF FUNDS INTERNAL CASH FLOW TOTAL 1 TOTAL CAPITAL CONSUMPTION ALLOWANCES NET INCOME INCREASE IN DEBT 1 ACQUISITION OF A S S E T S TOTAL 1 TOTAL — CAPITAL EXPENDITURES i i ADDENDUM: n D n n D »mTIrc 1| I IT TI . r\ r\ * . . » . 1I rvurxruix IWi 1 nUKAHAL NET INCREASE 1 P R O F I T S |1 OF INVESTMENT IN 1 TAXES |1 FUNDS FINANCIAL 1 1 ASSETS 1 | -1 1 16606. 17470. 20513. 15586. 16186. 16772. 19516. 15000. 1118. 1418. 1852. 22 2 0 . 15068. 15354. 17664. 12780. 420. 698. 997. 586. 16606. 17470. 20513. 15586. 4057. 2765. 6094. 3203. 2200. 1581. 6004. 3627. 1857. 1184. 90. -424. 55. 58. 69. 50. 12494. 14647. 14350. 12333. 2519. 649. 3245. 397. 17500. 20614. 19039. 15924. 16623. 16159. 18891. 18104. 16241. 15750. 2511. 2958. 3143. 3261. 3377. 13648. 15933. 14961. 12980. 12373. 1341. 1723. 935. -317. 873. 17500. 20614. 19039. 15924. 16623. 5281. 6052. 5177. 3776. 4460. 5248. 5793. 5190. 3799. 4487. 33. 259. -13. -23. -27. 88. 88. 54. 52. 45. 12131. 14474. 13808. 12096. 12118. 1429. 1371. 1099. 832. 210. 16410. 15697. 16068. 18762. 17064. 14787. 14773. 14776. 16958. 14709. 3482. 3519. 3691. 3790. 4016. 11305. 11254. 11085. 13168. 10693. 1623. 924. 1292. 1804. 2355. 16410. 15697. 16068. 18762. 17064. 4455. 3196. 4325. 5562. 4007. 4347. 3317. 4358. 5196. 4609. 108. -121. -33. 366. -602 . 48. 50. 42. 55. 45. 11907. 12451. 11701. 13145. 13012. -650 . -1247. -658. -32. -2364. 16757. 17707. 18520. 19454. 17729. 15567. 16008. 16216. 16042. 14940. 4091. 4134. 4258. 4403. 4585. 11476. 11874. 11958. 11639. 10355. 1190. 1699. 2304. 3412. 2789. 16757. 17707. 18520. 19454. 17729. 3962. 4552. 5425. 5738. 5009. 4298. 4467. 5291. 5778. 4617. -336 . 85. 134. -40. 392. 48. 62. 54. 65. 70. 12747. 13093. 13041. 13651. 12650. -1319. -1281. -1137. -2077. -2365. 21360. 22417. 20692. 19777. 22921. 17513. 18817. 17589. 17984. 20264. 4784. 5058. 5439. 5845. 6196. 12729. 13759. 12150. 12139. 14068. 3847. 3600. 3103. 1793. 2657. 21360. 22417. 20692. 19777. 22921. 6872. 6178. 7724. 6782. 7155. 6592. 5971. 7361. 6203. 6619. 280. 207. 363. 579. 536. 80. 74. 53. 76. 86. 14408. 16165. 12915. 12919. 15680. -1759. -2480. -818. -856. -1698. 22258. 25932. 32118. 50975. 43630. 20321. 21315. 25747. 41136. 35540. 6390. 6944. 7439. 8413. 9932. 13931. 14371. 18308. 32723. 25608. 1937. 4617. 6371. 9839. 8090. 22258. 25932. 32118. 50975. 43630. 7526. 9012. 8839. 13690. 10455. 6922. 8321. 7903. 12847. 9901. 604. 691. 936. 843. 554. 63. 92. 116. 264. 221. 14669. 16828. 23163. 37021. 32954. -801. -2549. -4971. -4562. -7567. 44789. 43683. 35709. 32351. 11920. 13120. 23789. 19231. 9080. 11332. 44789. 43683. 17167. 13296. 16144. 12179. 1023. 1117. 259. 293. 27363. 30094. -3833. -11156. 1 1 | | | | | 1 1970...| 1971...| 1972...| 1973...| 1974...| 1 1975...| 1976...| 1 1 1 1 1 SOURCES OF FUNDS 1 TABLE 722.1A AMOUNTS YEAR 1 1 1 I 1 1 SOURCES TOTAL | 1 1 1 1 1 946...| 947...I 948...I 949...| 1 1950...| 1951...I 1952...1 1953...| 1954...1 1 1955...1 1956...I 1957...I 1958...| 1959...I 1 1960...1 1961...I 1962...I 1963...1 1964...| 1 1965.••1 1966...I 1967...I 1968...1 1969...j 1 1970...I 1971...1 1972...1 1973...I 1974...1 1 1975...I 1976...| 1 1 1 1 1 1 OF FUNDS INTERNAL TOTAL C A P I T A L FLOWS I N M I L L I O N S OF DOLLARS FUNDS CAPITAL CONSUMPTION ALLOWANCES NET INVESTMENT I I I INCREASE IN DEBT TOTAL OF FUNDS CAPITAL EXPENDITURES INCREASE IN FINANCIAL ASSETS 2200. 1581. 6004. 3627. 1857. 1184. 90. -424. I I I | 1 j 5281. 6052. 5177. 3776. 4460. 5248. 5793. 5190. 3799. 4487. 33. 259. —13 • -23. -27. 1623. 924. 1292. 1804. 2355. I I | I | i 4455. 3196. 4325. 5562. 4007. 4347. 3317. 4358. 5196. 4609. 108. -121. —33 • 366. -602. -1319. -1281. -1137. -2077. -2365. 1190. 1699. 2304. 3412. 2789. I I | I I i 3962. 4552. 5425. 5738. 5009. 4298. 4467. 5291. 5778. 4617. -336. 85. 134. -40. 392. 4784. 5058. 5439. 5845. 6196. -1759. -2480. -818. -856. -1698. 3847. 3600. 3103. 1793. 2657. I I | | 1 i 6872. 6178. 7724. 6782. 7155. 6592. 5971. 7361. 6203. 6619. 280. 207. 363. 579. 536. 5589. 4395. 2468. 3851. 2365. 6390. 6944. 7439. 8413. 9932. -801. -2549. -4971. —4562. -7567. 1937. 4617. 6371. 9839. 8090. 7526. 9012. 8839. 13690. 10455. 6922. 8321. 7903. 12847. 9901. 604. 691. 936. 843. 554. 8087. 1964. 11920. 13120. -3833. -11156. 9080. 11332. I I 1 I I j I | 17167. 13296. 16144. 12179. 1023. 1117. 3637. 2067. 5097. 2617. 1118. 1418. 1852. 2220. 2519. 649. 3245. 397. 420. 698. 997. 586. 5281. 6052. 5177. 3776. 4460. 3940. 4329. 4242. 4093. 3587. 2511. 2958. 3143. 3261. 3377. 1429. 1371. 1099. 832. 210. 1341. 1723. 935. -317. 873. 4455. 3196. 4325. 5562. 4007. 2832. 2272. 3033. 3758. 1652. 3482. 3519. 3691. 3790. 4016. -650. -1247. -658. -32. —2364. 3962. 4552. 5425. 5738. 5009. 2772. 2853. 3121. 2326. 2220. 4091. 4134. 4258. 4403. 4585. 6872. 6178. 7724. 6782. 7155. 3025. 2578. 4621. 4989. 4498. 7526. 9012. 8839. 13690. 10455. 17167. 13296. 1 I I I I | USES 4057. 2765. 6094. 3203. 4057. 2765. 6094. 3203. " N E T INVESTMENT" D E T A I L FOR MAJOR I 1 1 1 I 1 1 I S COMPUTED AS THE R E S I D U A L AMOUNT THAT EQUATES TOTAL SOURCES AND U S E S OF F U N D S . SOURCES AND U S E S OF FUNDS I S SHOWN I N TABLES 7 2 3 . 1 , 7 2 3 . 2 , AND 7 2 4 . 1 . 86 TABLE 7 2 3 . 1 A MAJOR SOURCES OF FUNDS AMOUNTS IN M I L L I O N S OF DOLLARS ( C A P I T A L CONSUMPTION ALLOWANCES| 1 1 YEAR 1 NON1 1 TOTAL CORPORATE CORPORATE | 1 1 1 i 1946,.. 1 1118. 22. 1096. | 1947... 1 1418. 25. 1393. | 1948... 1 1852. 31. 1821. | 1949... 1 2220. 37. 2183. | j 1 1950... 1 2511. 43. 2468. | 1951... 1 2958. 49. 2909. | 1952... 1 3143. 56. 3087. | 1953... 1 3261. 69. 3192. | 1954... 1 3377. 81. 3296. | j 1 1955... 1 3482. 91. 3391. | 1956... 1 3519. 104. 3415. | 1957... 1 3691. 115. 3576. | 1958... 1 3790. 130. 3660. | 1959... 1 4016. 145. 3871. | j 1 1960... 1 4091. 154. 3937. | 1961... 1 4134. 166. 3968. | 1962... 1 4258. 179. 4079. | 1 9 6 3 . . . |1 4403. 194. 4209. | 1964... 1 4585. 210. 4375. | j 1 1965...I1 4784. 229. 4555. | 1966...|1 5058. 249. 4809. 1 1967...|1 5439. 274. 5165. | 1968...|1 5845. 302. 5543. | 1969...|1 6196. 331. 5865. 1 ; 11 1970...|1 6390. 368. 6022. | 1971...|1 6944. 391. 6553. | 1972...|I 7439. 410. 7029. | 1973...|1 8413. 589. 7824. | 1974...|! 9932. 735. 9197. | j I! 1975...|t 11920. 1017. 10903. | 1976...|1 13120. 931. 12189. | 1 1 ^ i T A ^ ^ . NET TOTAL INCOME CORPORATE PROFITS NET NONCORPORATE TOTAL INVESTMENT RETAINED CORPORATE INCREASE NONCORPORATE TOTAL TRADE CREDIT PROFITS I N DEBT CREDIT MARKET TMCTD 1 IMPklT Q 15068. 15354. 17664. 12780. 140. 152. 159. 121. 14928. 15202. 17505. 12659. 2519. 649. 3245. 397. 67. 51. 43. 26. 2452. 598. 3202. 371. 420. 698. 997. 586. 57. 230. 339. 194. 363. 468. 658. 392. 13648. 15933. 14961. 12980. 12373. 175. 149. 65. 40. 73. 13473. 15784. 14896. 12940. 12300. 1429. 1371. 1099. 832. 210. 37. 1. -29. -45. -3. 1392. 1370. 1128. 877. 213. 1341. 1723. 935. -317. 873. 283, 436. 145. -217. 101. 1058. 1287. 790. -100. 772. 11305. 11254. 11085. 13168. 10693. 46 . 49. 42. 66. 32. 11259. 11205. 11043. 13102. 10661. -650. -1247. -658. -32. -2364. -32. -29. -33. -25. -26. -618. -1218. -625. -7. -2338. 1623. 924. 1292. 1804. 2355. 181. 66. 235. 440. 423. 1442. 858. 1057. 1364. 1932. 11476. 11874. 11958. 11639. 10355. 56. 66. 86. 38. 76. 11420. 11808. 11872. 11601. 10279. -1319. -1281. -1137. -2077. -2365. -34. -35. —18. -148. -39. -1285. -1246. -1119. -1929. -2326. 1190. 1699. 2304. 3412. 2789. 159. 106. 6. 862. 186. 1031. 1593. 2298. 2550. 2603. 12729. 13759. 12150. 12139. 14068. 161. 163. 70. 136. 124. 12568. 13596. 12080. 12003. 13944. -1759. -2480. -818. -856. -1698. 14. 34. -29. 8. -13. -1773. -2514. -789. -864. -1685. 3847. 3600. 3103. 1793. 2657. 545. 407. -208. -975. -377. 3302. 3193. 3311. 2768. 3034. 13931. 14371. 18308. 32723. 25608. -1. 82. 305. 720. 224. 13932. 14289. 18003. 32003. 25384. -801. -2549. -4971. -4562. -7567. -93. -64. 114. 360. -132. -708. -2485. -5085. -4922. -7435. 1937. 4617. 6371. 9839. 8090. -368. 149. 543. 123. 223. 2305. 4468. 5828. 9716. 7867. 23789. 19231. 620. 649. 23169. 18582. -3833. -11156. 190. 169. -4023. -11325. 9080. 11332. 342. 300. 8738. 11032. ^ a s s is F v a s r a table 723.2a c r e d i t market i n s t r u m e n t s amounts i n m i l l i o n s o f d o l l a r s mortgages nonmortgage l o a n s year I I i total I I total banks federal intermediate credit banks u.s. government total mutual commercial savings banks banks federal life land insurance banks companies state and mortgage u.s. households local governpools government ... MENTS 123. 67. 255. 301. 353. 103. 44. 108. 121. 13. -73. -108. -40. -15. 137. 167. 224. 291. 180. 120. 50. 35. 2. 2. 6. 3. 19. 100. 95. 148. -76 . -72. -15. 33. 0. 0. 4. 3. -110. -50. -41. -13. -1. 4. 121. 75. 156. 18. -252. 50. 16. -45. 14. 232. 63. 492. 580. 585. 501. 509. 59. 36. 54. 24. 77. 7. 3. 6. 0. 3. 189. 200. 178. 181. 162. 47. 58. 81. 89. 101. 25. 11. 10. 7. 18. 7. -1. 39. 7. 9. 263. 475. 596. 173. -581. 150. 26. 23. 27. 151. 264. 189. 155. 95. 1442. 858. 1057. 1364. 1932. 666. 45. 495. 652. 940. 572. -59. 384. 413. 694. 28. 54. 185. 224. 234. 66. 50. -74. 15. 12. 776. 813. 562. 712. 992. 138. 39. 31. 104. 117. 2. 1. -2. -4. 2. 225. 208. 103. 83. 160. 216. 244. 176. 170. 273. 38. 33. 24. 17. 14. -98. 24. 53. 48. 51. 17. 18. 231. 261. 167. 277. 357. 1960. 1961. . . I 1962. . . I 1963. 1964. 1031. 1593. 2298. 2550. 2603. 294. 514. 1022. 921. 483. 196. 243. 782. 601. 271. 111. 149. 190. 259. 148. -13. 122. 50. 61. 64. 737. 1079. 1276. 1629. 2120. 60. 99. 275. 305. 311. -1. -3. 0. 1. 1. 155. 188. 230. 392. 512. 204. 264. 224. 257. 409. -2. 84. 119. 104. 72. 48. 142. —13 . 38. 41. 24. 38. 51. —4. 19. 249. 267. 390. 536. 755. 1965. 1966. 1967. 1968. • •I 1969. 3302. 3193. 3311. 2768. 3034. 1057. 1328. 1346. 608. 1216. 708. 933. 700. 418. 80. -12. 158. -53. -15. 2245. 1865. 1965. 2160. 1818. 273. 202. 208. 217. 293. -1. 1. 64. 0. -3. 519. 417. 329. 234. —30. 563. 677. 651. 517. 588. 130. 139. 176. 105. 225. 82. 25. 36. 610. 269. 407. 488. 243. 621. 654. 367. 520. 944. 659. 1970. 1971. 1972. 1973. 1974. 2305. 4468 • 5828. 9716. 7867. 1474. 2087. 2277. 4221. 2818. 827. 1345. 1814. 3013. 910. 699. 695. 427. 1102. 1650. -52. 47. 36. 106. 258. 831. 2381. 3551. 5495. 5049. 0. 374. 576. 661. 621. 4. —68 * 12. 2. -2. -124. -48. 77. 318. 331. 473. 730. 1177. 1854. 2509. 311. 439. 338. 220. 238. 8738. 11032. 4160. 4892. 1921. 3124. 1147. 1317. 1092. 451. 4578. 6140. 330. 457. -3. -2. 426. 672. 2557. 2510. -56. 521. 1946. 1947. . . I 1948. . . I 1949. 363. 468. 658. 392. 1950. . . I 1951. . . I 1952. 1953. 19 5 4 . 1058. 1287. 790. -100. 772. 1955. 1956. 19 5 7 . 1958. 1959. . . I 1975. 1976. ..I ..I ..I ..I I ..I .1 226. 301. 434. 101. 566. 707. 205. —601 * 22. 16. 26. 6. 105. 1. 0. 6. 28. 11. 10. 11. 38. 85. 76. -260. 19. 24. 82. -26. 142. -32. 299. 1190. 1411. 2313. 1410. 146. -176. 44. 138. 2020. -151. -122. -15. 1134. 1 " c r e d i t market i n s t r u m e n t s " i s a component o f " i n c r e a s e i n d e b t " in p r e c e d i n g t a b l e s o f t h i s s e c t i o n . 87 TABLE 7 2 4 . 1 A MAJOR U S E S OF FUNDS AMOUNTS I N M I L L I O N S OF DOLLARS 1 1 | 1 1 1 1 YEAR 1 1 1 1 9 9 9 9 4 4 4 4 6 7 8 9 . . . . . . . . . . . . | | | | 1 1 1 1 1 9 9 9 9 9 5 5 5 5 5 0 1 2 3 4 . . . . . . . . . . . . . . . | | | | | 1 1 1 1 1 9 9 9 9 9 5 5 5 5 5 5 6 7 8 9 . . . . . . . . . . . . . . . | | | | | CAPITAL EXPENDITURES FINANCIAL DEMAND DEPOSITS AND CURRENCY EQUITY I N FARM CREDIT SYSTEM RESIDENTIAL CONSTRUCTION 2200. 1581. 6004. 3627. 519. 697. 873. 837. 1652. 2644. 3399. 3656. 29. -1760. 1732. —866. 1857. 1184. 90. -424. 1800. 1100. 0. -500. 5248. 5793. 5190. 3799. 4487. 785. 816. 767. 765. 711. 3674. 3738. 3436. 3655. 3190. 789. 1239. 987. —621. 586. 33. 259. -13. -23. -27. 4347. 3317. 4358. 5196. 4609. 634. 700. 681. 650. 674. 3246. 2997. 3143. 3698. 4021. 467. -380. 534. 848. —86. 4298. 4467. 5291. 5778. 4617. 584. 703. 645. 655. 672. 3426. 3490. 3907. 4332. 4535. 6592. 5971. 7361. 6203. 6619. 608. 673. 697. 628. 745. 6922. 8321. 7903. 12847. 9901. 16144. 12179. TOTAL CHANGE IN INVENTORIES -40. -24. -1. 2. 97. 108. 91. 74. 12494. 14647. 14350. 12333. 18. 43. 47. 45. 12476. 14604. 14303. 12288. 0. 200. -100. -100. -100. 2. 3. 4. 6. 5. 31. 56. 83. 71. 68. 12131. 14474. 13808. 12096. 12118. 50. 60. 40. 33. 31. 12081. 14414. 13768. 12063. 12087. 108. -121. -33. 366. -602. 0. -200. -100. 300. -700. 11. 13. 11. 10. 16. 97. 66. 56. 56. 82. 11907. 12451. 11701. 13145. 13012. 30. 28. 33. 36. 13. 11877. 12423. 11668. 13109. 12999. 288. 274. 739. 791. -590. -336. 85. 134. -40. 392. -400. 0. 100. -200. 200. 13. 16. 14. 15. 23. 51. 69. 20. 145. 169. 12747. 13093. 13041. 13651. 12650. 42. 39. 50. 121. 45. 12705. 13054. 12991. 13530. 12605. 4963. 5458. 5929. 5471. 5737. 1021. -160. 735. 104. 137. 280. 207. 363. 579. 536. 100. 0. 100. 200. 100. 40. 46. 49. 102. 55. 140. 161. 214. 277. 381. 14408. 16165. 12915. 12919. 15680. 67. 55. 46. 52. 51. 14341. 16110. 12869. 12867. 15629. 565. 652. 664. 601. 1158. 6248. 6388. 6629. 8998. 10580. 109. 1281. 610. 3248. -1837. 604. 691. 936. 843. 554. 115. 123. 262. 200. -200. 51. 70. 90. 160. 206. 438. 498. 584. 483. 548. 14669. 16828. 23163. 37021. 32954. 29. 54. 75. 96. 135. 14640. 16774. 23088. 36925. 32819. 930. 1043. 11624. 12713. 3590. -1577. 1023. 1117. 100. 100. 236. 224. 687. 793. 27363. 30094. 171. 187. 27192. 29907. f FLOWS" { T A B L E WITHDRAWAL OF FUNDS TOTAL 1 r ASSETS NONLIFE INSURANCE RECEIVABLES | "CAPITAL IN PLANT AND EQUIPMENT | 1 I960...! 1961...| 1962...| 1963...| 1964...| 1 1965...| 1966...| 1967...| 1968...1 1969...| | 1970...| 1971...| 1972...| 1973...| 1974...| | 1975...| 1976...| INCREASE " " I N C R E A S E 7221!) " IN FINANCIAL C A P I T A L ASSETS»" TOTAL AND "WITHDRAWAL OF F U N D S * APPEAR E X P E N D I T U R E S " AND " I N C R E A S E IN FINANCIAL ASSETS" AS U S E S OF FUNDS APPEAR A S U S E S OF CORPORATE DIVIDENDS IN "INCOME AND FUNDS IN NONCORPORATE AGRICULTURAL FINANCE 800 810 CAPITAL EXPENDITURES, CAPITAL 810.1 810.2 810.3 810.4 820 SOURCE: CONSUMPTION, AND NET INVESTMENT, 1977 1910-DATE EXPENDITURES YEAR 90 92 94 AMOUNTS CHANGE FROM P R E V I O U S YEAR PERCENTAGE CHANGE FROM P R E V I O U S YEAR PERCENTAGE D I S T R I B U T I O N 102 104 CAPITAL 830.1 NOVEMBER SERIES AMOUNTS CHANGE FROM P R E V I O U S YEAR PERCENTAGE CHANGE FROM PREVIOUS PERCENTAGE D I S T R I B U T I O N CAPITAL 820.1 020.2 820.3 820.4 830 DATABOOK—ANNUAL CONSUMPTION ALLOWANCES NET INVESTMENT AMOUNTS FARM INCOME S T A T I S T I C S . SECTOR PERFORMANCE MEASURES, NATIONAL ECONOMIC A N A L Y S I S D I V I S I O N , ECONOMIC RESEARCH S E R V I C E , U . S . DEPARTMENT OF A G R I C U L T U R E . 90 TABLE 8 1 0 . 1 CAPITAL EXPENDITURES AMOUNTS I N M I L L I O N S OF DOLLARS B U I L D I N G S AND LAND IMPROVEMENTS YEAR TOTAL TOTAL 1 1 1 1 1 9 9 9 9 9 1 1 1 1 1 0 1 2 3 4 . . . . . . . . . . . . . . . . . . . . 1 1 1 1 1 9 9 9 9 9 1 1 1 1 1 5 6 7 8 9 . . . . . . . . . . . . . . . . . . . . .1 .1 .1 .1 .1 | .1 . 1 1 . 1 1 ; 1920.... 1 1921..... 1 1 9 2 2 . . . . , .1 1 9 2 3 . . . . , >! 1 9 2 4 . . . . , •1 | 1925 . 1 1 9 2 6 . . . . , ,1 1927 ,1 1928....,. 1 1929 . 1 1 1930 1 1931 ,1 1932 1 1933 1 1934 1 | 1935 1 1936 1 1937 1 1938 1 1939 1 | 1940 1 1941 1 1942 1 1943 1 1944 1 531. 530. 560. 552. 580. 610. 720. 915. 957. 1277. 1399. 548. 632. 802. 729. 843. 865. 884. 916. 966. 717. 408. 194. 197. 387. 583. 786. 947. 731. 831. 929. 1263. 1296. 1034. 1661. | | | | | j | | | | | ; | | 1 | | j | | | 1 | | | | | | | j | | | | | j | | 1 | | OPERATORS• DWELLINGS MACHINERY OTHER TOTAL J I L MOTOR V E H I C L E S TOTAL 236. 225. 244. 244. 244. 111. 105. 114. 114. 114. 125. 120. 130. 130. 130. | | 1 | | 295. 305. 316. 308. 336. 36. 48. 62. 56. 87. 229. 324. 449. 478. 653. 109. 154. 199. 203. 273. 120. 170. 250. 275. 380. | | | | | 381. 396. 466. 479. 624. 141. 165. 245. 267. 421. 566. 223. 269. 317. 298. 266. 98. 119. 142. 133. 300. 125. 150. 175. 165. | | | | | 833. 325. 363. 485. 431. 311. 297. 355. 331. 307. 141. 137. 160. 156. 147. 170. 160. 195. 175. 160. | | | | | 193. 97. 37. 57. 70. 107. 59. 24. 29. 32. 86. 38. 13. 28. 38. 135. 169. 237. 218. 270. 56. 66. 96. 83. 110. 304. 330. 343. 378. 458. 139. 147. 126. 109. 111. •TRACTORS 5. 8. 15. 11. TRUCKS 3. 3. 6. autos 28. 37. 41. 40. 55. I i OTHER 259. 257. 254. 252. 249. 23. 5. 9. 32. 36. 94. 61. 18. 22. 240. 231. 147. 203. 111. 162. 19. 31. 101. 187. 212. 203. 375. 162. 213. 275. 262. 171. 67. 47. 47. 43. 137. 49. 458. 163. 150. 532. 568. 529. 585. 659. 309. 315. 282. 322. 380. 91. 104. 119. 101. 142. j | | 1 | 524. 311. 157. 140. 317. 288. 208. 118. 103. 241. 115. 53. 59. 54. 39. 25. 38. 50. 79. 103. 141. 135. 160. | | | | | 448. 617. 710. 513. 561. 287. 401. 429. 276. 346. 117. 167. 223. 152. 151. 73. 92. 92. 54. 73. 165. 183. 217. 269. 347. | | | | | 625. 933. 953. 656. 1203. 384. 575. 410. 301. 498. 197. 295. 285. 155. 340. 66. 64. 79. 74. 22. 22. 15. 102. 153. 221. 210. 68. 120. 73. 145. 129. 85. 133. 152. 223. 253. 247. 263. 279. 119. 236. 103. 39. 37. 76. 82. 78. 88. 86. 81. 116. 103. 121. 126. 116. 71. 43. 132. 169. 97. 142. 114. 70. 161. 216. 281. 106. 164. 241. 358. 543. 355. 705. 122. 22. 25. 32. 237. 215. TABLE 810.1 CAPITAL E X P E N D I T U R E S AMOUNTS I N M I L L I O N S OF DOLLARS 1 | | YEAR OPERATORS DWELLINGS 487. 1161. 1434, 1640. 1570. 125. 409. 554. 702. 683. 362. 752. 880. 938. 887. 1522. 1599. 1614. 1527. 1425. 642. 665. 665. 619. 572. 880. 934. 949. 908. 853. 1385. 1392. 1411. 1355. 1654. 532. 529. 537. 514. 539. 853. 863. 874. 841. 1115. 4488. 4614. 5022. 5411. 5688. | I I | I 1 I | I | I 1686. 1748. 1832. 1886. 1918. 485. 592. 549. 565. 587. 6105. 6688. 7446. 6696. 6865. 1 | I I 1 1926. 2077. 2314. 2146. 2340. 7285. 7357. 8045. 10709. 12590. I I I I | 13155. 14566. I I | I | 1 1 1 1 1 1 9 9 9 9 9 4 4 4 4 4 5 6 7 8 9 . . . . . . . . . . , . . . . . . . . . . ,| , | , I | , 1 1685. 2195. 3428. 4484. 4724. 1 1 1 1 1 9 9 9 9 9 5 5 5 5 5 0 1 2 3 4 . . . . . . . . . . . . . . . . . . . . I i | I 1 4674. 4920. 4580. 4728. 4164. 1 1 | .... .... .| . I .... .| .... . I 1 I960.... .| 1961.... .| 1 9 6 2 . . . . .I 1 9 6 3 . . . . .1 1964.... •| 1 1 9 6 5 . . . . .I 1966.... .| 1 9 6 7 . . . . .I 1968.... .| 1969.... .| 1955 1956 1957 1958 1959 4145. 3798. 3923. 4505 e 5068. 1 1 1 1 1 1 9 9 9 9 9 7 7 7 7 7 0 1 2 3 4 . . . . . . . . . . . . . . . . . . . . I .1 .I .| .I .I 1 1 9 7 5 . . . . .I 1 9 7 6 . . . . .1 1 1 2 TOTAL TOTAL 1 MACHINERY B U I L D I N G S AND LAND IMPROVEMENTS! | | 1 | I i I I i I | I I I 1 1 1 I 1 1 1 TOTAL MOTOR V E H I C L E S 1 1 TOTAL TRACTORS TRUCKS AUTOS 1 1 I OTHER 1198. 1034. 1994. 2844. 3154. 445. 561. 1106. 1503. 1790. 276. 241. 449. 661. 766. 94. 216. 463. 535. 540. 75. 104. 194. 307. 484. 753. 473. 888. 1341. 1364. 3152. 3321. 2966. 3201. 2739. 1734. 1772. 1420. 1803. 1449. 769. 807. 755. 722. 570. 502. 450. 349. 378. 377. 463. 515. 316. 703. 502. 1418. 1549. 1546. 1398. 1290. I 1 I I | 2760. 2406. 2512. 3150. 3414. 1482. 1245. 1377. 1606. 1686. 689. 525. 522. 677. 797. 309. 325. 371. 381. 425. 484. 395. 484. 548. 464. 1278. 1161. 1135. 1544. 1728. 1201. 1156. 1283. 1321. 1331. I | 1 1 | 2802. 2866. 3190. 3525. 3770. 1344. 1413. 1650. 1746. 1868. 494. 579. 687. 786. 849. 430. 472. 514. 543. 586. 420. 362. 449. 417. 433. 1458. 1453. 1540. 1779. 1902. 539. 593. 612. 548. 651. 1387. 1484. 1702. 1598. 1689. 1 I | 1 I 4179. 4611. 5132. 4550. 4525. 1940. 2113. 2129. 2060. 2003. 986. 1209. 1168. 1168. 1073. 529. 511. 576. 535. 567. 425. 393. 385. 357. 363. 2239. 2498. 3003. 2490. 2522. 2367. 2484. 2350. 3062. 4395. 492. 568. 565. 537. 1146. 1875. 1916. 1785. 2525. 3249. 1 I I | | 4918. 4873. 5695. 7647. 8195. 2030. 2137. 2464. 3066. 3405. 1123. 1188. 1418. 1923. 2236. 597. 630. 672. 733. 864. 310. 319. 374. 410. 305. 2888. 2736. 3231. 4581. 4790. 4318. 4981. 953. 1060. 3365. 3921. | I 8837. 9585. 4017. 4655. 2460. 2720. 1230. 1526. 327. 409. 4820. 4930. 1 1 OTHER I I | I | 11 I | | I | | 1 TABLE 92 810.2 C A P I T A L EXPENDITURES CHANGE FROM P R E V I O U S YEAR I N M I L L I O N S 1 1 YEAR 1 1 1 1 9 9 9 9 1 1 1 1 1 2 3 4 1 . . . . ... ... ... ... 1915... 1916... 1917... 1918... 1919... 1 1 1 . 1 . 1 . 1 . 1 I . .1 1 . ., 1 . 1 . .1 | 1920 1 1921..... 1 192 2 1 192 3 ,1 192 4 ,1 | 192 5 .1 192 6 1 192 7 ,1 192 8 1 192 9 1 | 193 0 1 193 1 1 193 2 1 193 3 1 1934..... 1 | 193 5 1 1 9 36 1 193 7 1 193 8 1 193 9 1 | 194 0 1 194 1 1 194 2 1 194 3 1 1944..... 1 1 BUILDINGS AND LAND IMPROVEMENTS| OPERATORS• DWELLINGS TOTAL TOTAL MACHINERY i_ | | I OTHER OF DOLLARS TOTAL 1 1 I IL MOTOR V E H I C L E S TOT AL. td a r r n o c TRUCKS 0. AUTOS 1 1 1 OTHER -1. 30. -8. 28. -11. 19. -6. 9. 0. 0. -5. 10. 0. 0. | I | | 10. 11. -8. 28. 12. 14. -6. 31. 3. 7. -4. 12. 3. -1. 4. 9. 4. -1. 15. 30. 110. 195. 42. 320. -15. 95. 125. 29. 175. -5. 45. 45. 4. 70. -10. 50. 80. 25. 105. | | | | | 45. 15. 70. 13. 145. 54. 24. 80. 22. 154. 9. 4. 25. 86. 56. 6. 3. 4. —3 • 12. 39. 17. 51. -61. 86. -9 -9 -10 -9 -9 122. -851. 84. 170. -73. -87. -343. 46. 48. -19. -7. -168. 21. 23. -9. -80. -175. 25. 25. -10. | | | | | 209. -508. 38. 122. -54. -46. -213. 51. 62. -13. -32. -105. -2. 15. -5. 36. -20. 0. -4. 25. -50. -88. 53. 51. -33. 255. -295. -13. 60. -41. 114. 22. 19. 32. 50. 13. -14. 58. -24. -24. 8. -4. 23. -4. -9. 5 . | -10. | 35. | -20. | -15. I 101. 36. -39. 56. 74. 47. 6. -33. 40. 58. 17. 13. 15. —18. 41. 5. 9. -4. 10. -2. 25. -16. -44. 48. 19. 54. 30. —6 . 16. 16. -249. -309. -214. 3. 190. -114. -96. —60. 20. 13. -40. -48. -35. 5. 3. -74. -48. -25. 15. 10. | | | | | -135. -213. -154. -17. 177. -92. —80* -90. -15. 138. -27. -62 . -31. 0. 37. -32. -15. -14. 13. 12. -33. -3. -45. -28. 89. -43. -133. -64. -2. 39. 196. 203. 161. -216. 100. 65. 34. 68. -19. 52. 24. 10. 30. -13. 27. 41. 24. 38. -6. 25. | | | 46. 114. 28. -153. 70. 58. 50. 56. -71. -1. 23. 19. | 131. 169. 93. -197. 48. -38. 19. -35. 45. -28. -44. 52. 85. 55. 65. -44. -22. 98. 334. 33. -262. 627. 34. 26. 13. 35. 80. 29. 8. -21. -17. 2. 5. 18. 34. 52. 78. | | | | | 64. 308. 20. -297. 547. 38. 191. -165. -109. 197. 46 . 98. -10. -130. 185. 8. 35. -13. 18. 5. —16. 58. -142. 3. 7. 26. 117. 185. -188. 350. 0. 0. - -- , j 1 0. - 2. 3. 2. 3. . . . . . TABLE 810.2 1 1 YEAR 1 1 1 1 1945 I 1946,....1 1947 I 1948 1 1949 1 1 1950 I 1951 1 1952 1 1953 I 1954 1 1 1955 1 1956 I 1957 | 1958 I 1959 1 1 I960.••••I 1961.....j 1962 I 1963 | 1964 1 1 1965 | 1966 I 1967 | 1968 I 1969 I 1 1970 1 1971 I 1972 I 1973 1 1974 1 1 1975 1 1976 1 1 CAPITAL EXPENDITURES CHANGE FROM P R E V I O U S YEAR I N M I L L I O N S BUILDINGS TOTAL TOTAL AND LAND IMPROVEMENTS! 1 O P E RAT OR S 1 1 OTHER | DWELLINGS 1 1 15. | 14. 390. 1 284. 128. I 145. 58. | 148. -51. ! -19. MACHINERY TOTAL 1 | 1 MOTOR V E H I C L E S TOTAL TRACTORS TRUCKS AUTOS 1 1 1 OTHER —5 . —164. 960. 850. 310. -53. 116. 545. 397. 287. —64 . —35 . 208. 212. 105. -32. 122. 247. 72. 5. 43. 29. 90. 113. 177 . 48. -280. 415. 453. 23. 1 | I I 1 -2. 169. -355. 235. -462. -56. 38. -352. 383. -354. 3. 38. -52. -33. -152. -38. -52. -101. 29. -1. -21. 52. -199. 387. -201. 54. 131. -3. —148 . -108. 0. 10. 11. -33. 274. | I 1 1 1 j 21. -354. 106. 638. 264. 33. -237. 132. 229. 80. 119. -164. -3. 155. 120. —68 . 16. 46. 10. 44. -18. -89. 89. 64. -84. -12. -117. —26. 409. 184. -54. 107. -43. 16. 22. 86. -45. 127. 38. io. t 1 1 I ! j —612 . 64. 324. 335. 245. -342. 69. 237. 96. 122. -303. 85. 108. 99. 63. 5. 42. 42. 29. 43. -44. —58. 87. -32. 16. -270. -5. 87. 239. 123. 8. 151. 237. -168. 194. -48. 54. 19. -64. 103. 56. 97. 218. -104. 91. 409. 432. 521. -582. -25. 72. 173. 16. -69. -57. 137. 223. -41. 0. -95. -57. —18. 65. —41. 32. -8. -32. —8 . —28. 6 . 337. 259. 505. —513. 32. 420. 72. 688. 2664. 1881. 27. 117. -134. 712. 1333. -159. 76. —3 • -28. 609. 186. 41. -131. 740. 724. | ! I I | I I | 1 | 1 393. -45. 822. 1952. 548. 27. 107. 327. 602. 339. 50. 65. 230. 505. 313. 30. 33. 42. 61. 131. -53. 9. 55. 36. —105 . 366. —152 . 495. 1350. 209. 565. 1411. -77. 663. -193. 107. 116. 556. | | 1 642. 748. 612. 638. 224. 260. 366. 296. 22. 82. 30. 110. 24. 510. 1233. 1056. 240. 29. 674. 273. 206. -70. -50. 246. -340. 148. -564. -48. 77. 15. -87. -102. -41. 23. 0. —46 • -47. -7. 54. 15. -41. -55. -19. -347. 125. 582. 563. —40. 7. 19. -56. 299. -40. —3 . 8. -23. 25. -580. 126. 408. 389. 277. 32. 62. 84. 54. 32. 417. 583. 758. -750. 169. OF DOLLARS 94 TABLE 8 1 0 . 3 CAPITAL EXPENDITURES PERCENTAGE CHANGE FROM P R E V I O U S YEAR 1 1 | YEAR TOTAL 1 B U I L D I N G S AND LAND IMPROVEMENTS 1 OPERATORS' 1 1 TOTAL DWELLINGS OTHER 1 1 1 -4.7 -5.4 -4.0 1 8.4 8.6 8.3 f 0.0 0.0 0.0 1 0.0 0.0 0.0 j 1911 1912 1913 1914 1 1 | | | | -0.2 5.7 -1.4 5.1 1915 1916 1917 1918 1919 | | | | | 5.2 18.0 27.1 4.6 33.4 1 1 1 1 1 j -6 .1 41.5 38.6 6.5 36.6 -4.4 41.3 29.2 2.0 34.5 1 | | | | 1 | | | 1 | 9.6 —6 0 . 8 15.3 26.9 -9.1 1 1 1 1 1 j -13.3 -60.6 20.6 17.8 -6.0 15.6 2.6 2.2 3.6 5.5 1 1 1 1 1 j | | | | 1 -25.8 -43.1 -52.5 1.5 96.4 | | | 1 | | 1920 1921 1922 1923 1924 1925 1926 1927 1928 1929 1935 1936 1937 1938 1939..... 1940 1941 1942 1943 | | | 1 | | | TOTAL 1 1 1 MOTOR V E H I C L E S I 1 I OTHER TOTAL TRACTORS TRUCKS AUTOS 3.4 3.6 -2.5 9.1 33.3 29.2 -9.7 55.4 60.0 87.5 —26.7 109.1 0.0 100.0 -16.7 80.0 32.1 10.8 -2.4 37.5 -7.7 41.7 47.1 10.0 38.2 13.4 3.9 17.7 2.8 30.3 62.1 17.0 48.5 9.0 57.7 39.1 12.5 69.4 141.0 38.1 66.7 20.0 22.2 -13 .6 63.2 70.9 18.1 45.9 -37.7 85.1 -3.6 -3.7 -4.3 -4.1 -4.2 -2.6 -63.2 21.4 19.3 —6.3 -21.1 -58.3 20.0 16.7 -5.7 33.5 -61.0 11.7 33.6 -11.1 -10.9 -56.8 31.5 29.1 -4.7 -15.8 -61.4 -3.0 23.4 —6.3 116.1 -29.9 0.0 -8.5 58.1 -26.7 -64.2 108.2 50.0 -21.6 125.6 —64 • 4 -8.0 40.0 -19.5 4.4 -4.5 19.5 -6.8 -7.3 6.0 -2.8 16.8 -2.5 -5.8 3.0 -5.9 21.9 -10.3 —8.6 23.4 6.8 -6.9 10.6 12.6 17.9 1.9 -10.5 14.2 18.0 23.0 14.3 14.4 -15.1 40.6 7.4 12.3 -4.9 12.8 -2.3 20.8 -11.0 -34.1 56.5 14.3 32.0 13.5 -2.4 6.5 6.1 1 1 1 1 1 j -37.1 -49.7 -61.9 54.1 22.8 -27.2 -44.9 -59.3 20.8 10.3 -46.2 -55.8 —65 . 8 115.4 35.7 -20.5 -40.6 -49.5 -10.8 126.4 -24.2 -27.8 -43.3 -12.7 134.0 -19.0 -53.9 -58.5 0.0 168.2 -37.2 -27.8 -35.9 52.0 31.6 -21.7 -2.5 -38.8 -39.4 207.0 -15.4 -56.4 -62.1 -5.1 105.4 50.6 34.8 20.5 -22.8 13.7 1 I 1 1 1 j 92.9 25.2 40.2 -8.0 23.9 75.0 17.9 45.5 -13.5 32.5 107.9 30.4 36.9 -4.3 18.5 41.3 37.7 15.1 -27.7 9.4 19.1 39.7 7.0 -35.7 25.4 98.3 42.7 33.5 -31.8 -0.7 46.0 26.0 0.0 -41.3 35.2 -26.5 46.4 -19.7 -38.6 74.3 111.8 34.2 30.1 -15.7 -9.3 11.8 36.0 2.6 -20.2 60.6 1 1 1 1 I 12.6 8.6 3.9 10.2 21.2 26 . 4 5.8 -14.3 -13.5 1.8 3.1 10.9 18.6 24.0 29.0 11.4 49.3 2.1 -31.2 83.4 11.0 49.7 -28.7 -26.6 65.4 30.5 49.7 -3.4 -45.6 119.4 11.0 43.2 -11.2 17.5 4.1 -13.1 54.7 —86. 6 13.6 28.0 12.1 48.5 51.7 -34.6 98.6 | 1930 1931 1932 1933 1934 MACHINERY -0 -1 -0 -1 . . . . 8 2 8 2 TABLE 810.3 C A P I T A L EXPENDITURES PERCENTAGE CHANGE FROM P R E V I O U S BUILDINGS YEAR TOTAL TOTAL MACHINERY AND LAND IMPROVEMENTS! OPERATORS • DWELLINGS YEAR | OTHER 1 TOTAL 1 1 | OTHER 1 TRUCKS AUTOS -18.8 -12.7 86.3 47.2 15.9 -25.4 129.8 114.4 15.6 0.9 134.4 38.7 86.5 58.2 57.7 6.8 -37.2 87.7 51.0 1.7 -3.1 2.2 -19.9 27.0 -19.6 0.4 4.9 -6.4 -4.4 -21.1 -7.0 -10.4 -22.4 8.3 —0 . 3 -4.3 11.2 -38.6 122.5 -28.6 4.0 9.2 -0.2 —9.6 -7.7 TOTAL TRACTORS -0.4 -13.7 92.8 42.6 10.9 -10.6 26.1 97.1 35.9 19.1 -0.1 5.4 -10.7 7.9 -14.4 1 1 MOTOR V E H I C L E S 1945. 1946. 1947. 1948. 1949. 1.4 30.3 56.2 30.8 5.4 6.3 138.4 23.5 14.4 -4.3 12.6 227.2 35.5 26.7 -2.7 4.3 107.7 17.0 6.6 -5.4 I | I 1950. 1951. 1952. 1953. 1954. -1.1 5.3 -6.9 3.2 -11.9 -3.1 5.1 0 .9 —5 . 4 —6 . 7 —6.0 3.6 0.0 -6.9 -7.6 -0.8 6.1 1.6 -4.3 —6 . 1 I 1 1 1955. 1956. 1957. 1958. 1959. -0.5 -8.4 3.3 14.8 12.5 -2.8 0.5 1 .4 -4 .0 22.1 -7.0 —0.6 1.5 -4.3 4.9 0.0 1.2 1.3 -3.8 32.6 i 1 1 I 0.8 -12.8 4.4 25.4 8.4 2.3 —16 . 0 10.6 16.6 5.0 20.9 -23.8 —0 . 6 29.7 17.7 -18.0 5.2 14.2 2.7 11.5 -3.6 -18.4 22.5 13.2 -15.3 -0.9 -9.2 -2.2 36.0 11.9 1960. 1961. 1962. 1963. 1964. -11.4 1 .9 3.7 4.8 2.9 1 .7 -10.0 22.1 -7.3 2.9 3.9 7.7 -3.7 11.0 3.0 0.8 | 1 -17.9 2.3 11.3 10.5 7.0 -20.3 5.1 16.8 5.8 7.0 -38.0 17.2 18.7 14.4 8.0 1.2 9.8 8.9 5.6 7.9 -9.5 -13.8 24.0 -7.1 3.8 -15.6 -0.3 6.0 15.5 6.9 1965. 1966. 1967. 1968. 1969. 7.3 9.5 11.3 .4 .8 .4 .3 .0 -8.2 10.0 3.2 -10.5 18.8 4.2 7.0 14.7 —6 . 1 5.7 I 1 10.8 10.3 11.3 -11.3 -0.5 3 8 0 -3 -2 .9 .9 .8 .2 .8 16.1 22.6 —3 . 4 0.0 —8 . 1 -9.7 -3.4 12.7 -7.1 6.0 -1.8 —7 . 5 -2.0 -7.3 1.7 17.7 11.6 20.2 -17.1 1.3 1.2 4.9 -5.4 30.3 43.5 -24.4 15.4 -0.5 -5.0 113.4 11.0 2.2 -6.8 41.5 28.7 1 I I 8.7 -0.9 16.9 34.3 7.2 1.3 5.3 15.3 24.4 11.1 4.7 5.8 19.4 35.6 16.3 5.3 5.5 6.7 9.1 17.9 -14.6 2.9 17.2 9.6 -25.6 14.5 —5 . 3 18.1 41.8 4.6 -1 -16.8 11.2 3.6 16.5 1 1 7.8 8.5 18.0 15.9 10.0 10.6 42.4 24.1 7.2 25.1 0.6 2.3 2.8 8.8 7.7 5.1 -10.1 2.5 6.1 1.0 1970. 1971. 1972. 1973. 1974. 9.4 33.1 17.6 1975. 1976. 4.5 10.7 0 7 11 -7 9 .8 15.4 I | I 1 I I 1 1 I | | | 1 95 TABLE 96 810.4 C A P I T A L EXPENDITURES PERCENTAGE OF TOTAL BUILDINGS YEAR TOTAL TOTAL 1910 1911 1912 1913 1914 100.0 100.0 AND LAND IMPROVEMENTS OPERATORS DWELLINGS MACHINERY 1 OTHER TOTAL 1 1 1 MOTOR V E H I C L E S TOTAI TRACTORS TRUCKS AUTOS 1 1 I OTHER 100.0 100.0 100.0 4 4 4 4 4 4.4 2.5 3.6 4.2 2.1 20.9 19.8 20.4 20.7 19.7 23.5 22.6 23.2 23.6 22.4 55.6 57.5 56.4 55.8 57.9 6.8 9.1 11.1 10.1 15.0 0.9 1.5 2.7 2.0 4.0 0.6 0.6 1.1 0.9 1.6 5.3 7.0 7.3 7.2 9.5 48.8 48.5 45.4 45.7 42.9 1915 1916 1917 1918 1919 100.0 100.0 100.0 100.0 100.0 37.5 45.0 49.1 49.9 51.1 17.9 21.4 21.7 19.7 23.6 27.3 28.7 29.8 62.5 55.0 50.9 50.1 48.9 23.1 22.9 26.8 27.9 33.0 5.2 5.0 6.7 15.4 15.9 2.5 2.5 2.4 2.0 2.4 15.4 15.4 17.7 10.6 14.6 39.3 32.1 24.2 22.2 15.9 1920 1921 1922 1923. 1924. 100.0 100.0 100.0 100.0 100.0 40.5 40.7 42.6 39.5 40.9 19.0 17.9 21.4 22.8 23.7 21.8 22.6 59.5 59.3 57.4 60.5 59.1 26.8 29.6 33.7 34.3 35.9 12.2 12.0 10.1 9.9 10.2 4.8 8.6 7.4 5.4 9.3 9.8 8.9 16.1 19.1 16.5 32.7 29.7 23.7 26.2 23.2 1925. 1926. 1927. 1928. 1929. 100.0 100.0 100.0 100.0 100.0 36.9 34.3 40.2 36.1 31.8 17.0 15.2 20.2 18.5 22.1 19.1 16.6 63.1 65.7 59.8 63.9 68.2 36.7 36.4 31.9 35.2 39.3 10.8 12.0 13.5 11.0 14.7 8.7 9.5 8.8 9.6 8.9 17.2 14.9 9.6 14.5 15.7 26.5 29.2 27.9 28.7 28.9 1930. 1931. 1932. 1933. 1934. 100.0 100.0 100.0 100.0 100.0 26.9 23.8 19.1 28.9 14.9 14.5 12.4 14.7 8.3 12.0 9.3 6.7 14.2 9.8 73.1 76.2 80.9 71.1 81.9 40.2 51.0 60.8 52.3 62.3 16.0 13.0 11.3 11.2 15.2 7.5 9.6 12.9 19.3 12.9 16.6 28.4 36.6 21.8 34.1 32.9 25.2 20. 1 18.8 19.6 1935. 1936. 1937. 1938. 1939. 100.0 100.0 100.0 100.0 100.0 23.2 21.5 25.0 29.8 32.5 9.6 8.4 13.6 13.1 14.9 18.5 19.3 76.8 78.5 75.0 70.2 67.5 49.2 51.0 45.3 37.8 41.6 20.1 21.2 23.5 20.8 18.2 12.5 11.7 9.7 7.4 8.8 16.6 18.1 12.0 9.6 14.7 27.6 27.5 29.7 32.4 25.9 1940. 1941. 1942. 1943. 1944. 100.0 100.0 100.0 100.0 100.0 17.8 14.5 16.7 26.0 20.9 67.3 73.9 73.5 63.4 72.4 41.3 45.5 31.6 29.1 30.0 21.2 23.4 22.0 15.0 20.5 8.7 9.2 7.9 11.7 7.6 11.4 13.0 1.7 2.4 1.9 25.9 28.3 41.9 34.3 42.4 18.1 32.7 21.2 21.4 18.8 17.7 18.2 16.7 15.8 18.1 10.1 11.4 13.2 15.0 26.1 11.6 26.5 36.6 27.6 9.7 10.5 6.7 table 810.4 capital expenditures percentage of t o t a l year i 1945 1946 1947 1948 1949 1 1 I I I I I 1 1 1950 1951 1952 1953 1954 | i i i i 1 i ,| ,| machinery b u i l d i n g s and l a n d improvements i 1 | total total operators' dwellings other 100.0 100.0 100.0 100.0 100.0 28.9 52 . 9 41 . 8 36.6 33.2 7.4 18.6 16.2 15.7 14.5 21.5 34.3 25.7 20.9 18.8 100.0 100.0 100.0 100.0 100.0 32 . 6 32.5 35.2 32.3 34.2 13.7 13.5 14.5 13.1 13.7 18.8 19.0 20.7 19.2 20.5 33.4 36.7 36.0 30.1 32.6 12.8 13.9 13.7 11.4 10.6 20.6 22.7 22.3 18.7 22.0 1 1 | 1 1 total | 1 1 motor v e h i c l e s 1 i AUTOS. . . . 1 other total tractors TRUCKS 71.1 47.1 58.2 63.4 66.8 26.4 25.6 32.3 33.5 37.9 16.4 11.0 13.1 14.7 16.2 5.6 9.8 13.5 11.9 11.4 4.5 4.7 5.7 6.8 10.2 44.7 21.5 25.9 29.9 28.9 67.4 67.5 64.8 67.7 65.8 37.1 36.0 31.0 38.1 34.8 16.5 16.4 16.5 15.3 13.7 10.7 9.1 7.6 8.0 9.1 9.9 10.5 6.9 14.9 12.1 30.3 31.5 33.8 29.6 31.0 | | | I 66 . 6 63.3 64.0 69.9 67.4 35.8 32.8 35.1 35.6 33.3 16.6 13.8 13.3 15.0 15.7 7.5 8.6 9.5 8.5 8.4 11.7 10.4 12.3 12.2 9.2 30.8 30.6 28.9 34.3 34.1 | i 1 | I i | | | i | 1I I . .1 100.0 100.0 100.0 100.0 100.0 ,I ,1 ,I .I 100.0 100.0 100.0 100.0 100.0 37.6 37.9 36.5 34.9 33.7 10.8 12.8 10.9 10.4 10.3 26.8 25.1 25.5 24.4 23.4 | i | | i 62.4 62.1 63.5 65.1 66.3 29.9 30.6 32.9 32.3 32.8 11.0 12.5 13.7 14.5 14.9 9.6 10.2 10.2 10.0 10.3 9.4 7.8 8.9 7.7 7.6 32.5 31.5 30.7 32.9 33.4 .I 1965 .| 1966 1 9 6 7 . . . . , ,I 1 9 6 8 . . . . , .i 1969....,.| 100.0 100.0 100.0 ioo.o 100.0 31.5 31.1 31.1 32.0 34.1 8.8 8.9 8.2 8.2 9.5 22.7 22.2 22.9 23.9 24.6 | | | i | 68.5 68.9 68.9 68.0 65.9 31.8 31.6 28.6 30.8 29.2 16.2 18.1 15.7 17.4 15.6 8.7 7.6 7.7 8.0 8.3 7.0 5.9 5.2 5.3 5.3 36.7 37.4 40.3 37.2 36.7 1 9 7 0 . . . . , .i 1 9 7 1 . . . . , .i 1 9 7 2 . . . . ,,i 1 9 7 3 . . . . ,.i 1 9 7 4 . . . . , .i 100.0 100.0 100.0 100.0 100.0 32.5 33.8 29.2 28.6 34.9 6.8 7.7 7.0 5.0 9.1 25.7 26.0 22.2 23.6 25.8 | | i 67.5 66.2 70.8 71.4 65.1 27.9 29.0 30.6 28.6 27.0 15.4 16.1 17.6 18.0 17.8 8.2 8.6 8.4 6.8 6.9 4.3 4.3 4.6 3.8 2.4 39.6 37.2 40.2 42.8 38.0 1975....,.| 1 9 7 6 . . . . , •i 100.0 100.0 32.8 34.2 7.2 7.3 25.6 26.9 | i 67.2 65.8 30.5 32.0 18.7 18.7 9.4 10.5 2.5 2.8 36.6 33.8 1955 1956 1957 1958 1959 1960 1961 1962 1963 1964 I 1 ,I I 1 1 1 ' I I 1 97 TABLE 820.1 C A P I T A L CONSUMPTION ALLOWANCES ( D E P R E C I A T I O N ALLOWANCES AND ACCIDENTAL AMOUNTS I N M I L L I O N S OF DOLLARS YEAR 1910..,. 1911.... 1912...., 1913...., 1914...., 1 1 1 1 1 1 •1 1 1 1 1 | 1915...., 1 1916 1 1917 ,1 1918 1 1919 1 | 1920 1 1921 ,1 1922 . 1 1923 •1 1924 .1 | 1925 ,1 1926 ,1 1927 .1 1928 ,1 1929 1 | 1930 ,1 1931 1 1932 ,1 1933 >1 1934 1 j 1935 1 1936 1 1937 1 1938 1 1939 1 j 1940 1 1941 1 1942 1 1943 1 1944 1 1 BUILDINGS TOTAL TOTAL AND LAND IMPROVEMENTS! 1 OPERATORS' 1 DWELLINGS OTHER | 1 1 115. 127. | 117. 130. | 118. 131. 1 115. 130. I 107. 122. | 416. 443. 469. 481. 482. 242. 247. 249. 245. 229. 524. 597. 714. 902. 1040. 237. 276. 328. 400. 468. 112. 129. 153. 188. 222. 125. 147. 175. 212. 246. 1211. 1039. 934. 943. 952. 527. 405. 409. 423. 428. 248. 191. 194. 201. 205. 872. 886. 890. 900. 916. 431. 425. 413. 414. 407. 955. 856. 734. 644. 650. DAMAGE) MACHINERY TOTAL 1 | 1 MOTOR V E H I C L E S TOTAL TRACTORS TRUCKS AUTOS I 1 1 OTHER 174. 196. 220. 236. 253. 12. 24. 36. 44. 54. 1. 3. 7. 10. 12. 0. 2. 3. 4. 5. 11. 19. 26. 30. 37. 162. 172. 184. 192. 199. | | | | | 287. 321. 386. 502. 572. 77. 97. 132. 194. 265. 18. 21. 27. 58. 98. 7. 10. 13. 18. 23. 52. 66. 92. 118. 144. 210. 224. 254. 308. 307. 279. 214. 215. 222. 223. | | | | | 684. 634. 525. 520. 524. 305. 257. 204. 211. 220. 118. 117. 80. 77. 73. 33. 36. 37. 37. 41. 154. 104. 87. 97. 106. 379. 377. 321. 309. 304. 207. 204. 198. 198. 196. 224. 221. 215. 216. 211. | | | | | 441. 461. 477. 486. 509. 238. 255. 265. 269. 289. 78. 82. 86. 89. 94. 49. 57. 66. 71. 76. 111. 116. 113. 109. 119. 203. 206. 212. 217. 220. 394. 330. 280. 263. 281. 190. 159. 134. 125. 134. 204. 171. 146. 138. 147. | | | | | 561. 526. 454. 381. 369. 288. 268. 229. 162. 180. 103. 97. 80. 60. 57. 69. 59. 47. 39. 39. 116. 112. 102. 83. 84. 273. 258. 225. 199. 189. 664. 728. 796. 833. 781. 279. 305. 309. 315. 277. 134. 150. 152. 155. 134. 145. 155. 157. 160. 143. | | | | | 385. 423. 487. 518. 504. 196. 230. 281. 297. 285. 67. 86. 114. 128. 114. 41. 50. 61. 66. 68. 88. 94. 106. 103. 103. 189. 193. 206. 221. 219. 797. 870. 1335. 1369. 1425. 280. 309. 353. 403. 450. 136. 151. 174. 200. 224. 144. 158. 179. 203. 226. | | | | | 517. 561. 982. 966. 975. 297. 338. 564. 529. 514. 116. 139. 257. 235. 235. 72. 80. 148. 156. 158. 109. 119. 159. 138. 121. 220. 223. 418. 437. 461. 1 TABLE 820.1 C A P I T A L CONSUMPTION ALLOWANCES ( D E P R E C I A T I O N ALLOWANCES AND ACCIDENTAL AMOUNTS I N M I L L I O N S OF DOLLARS BUILDINGS I I I I I I I 195 0 I 195 1 I 195 2 I 195 3 I 195 4 I I 195 5 I 195 6 I 195 7 I 195 8 I 1959.....I I 194 5 194 6 1 9 47 194 8 194 9 MOTOR V E H I C L E S OTHER 1310. 1189. 1553. 2002. 2365. 479. 523. 670. 755. 733. 238. 258. 317. 355. 343. 241. 265. 353. 400. 390. 831. 666 * 883. 1247. 1632. 2665. 3147. 3326. 3454. 3581. 782. 944. 905. 937. 1006. 365. 439. 419. 431. 462. 417. 505. 486. 506. 544. 1883. 2203. 2421. 2517. 2575. 3700. 3723. 3913. 4011. 4251. 1072. 1013. 1088. 1083. 1149. 495. 462. 490. 492. 515. 577. 551. 598. 591. 634. 2628. 2710. 2825. 2928. 3102. 1386. 1436. 1508. 1554. 1638. 620. 564. 586. 615. 653. 702. 647. 679. 711. 755. 809. 3126. 3123. 3204. 3288. 3392. 853. 3507. 3738. 3994. 4278. 4446. 2002. 1258. 1397. 1558. 1825. 1434. 2216. 4592. 4965. 5254. 5834. 6913. 1991. 2168. 2244. 2464. 2896. 1608. 1786. 2521. 2643. 8511. 9471. 3497. 3990. 4337. 1211. I I I I I 1965 . . . . . I 1966....,! 196 7 I 196 8 I 196 9 I I 197 0 I 1971....*I 197 2 I 197 3 I 197 4 I I 197 5 I 197 6 I I 4^83. 4530. 4696. 4903. 1265. 1326. 1408. 1511. 5111. 5384. 5781. 6200. 6574. 1604. 1646. 1787. 1922. 2128. 751. 758. 814. 852. 919. 6760. 7350• 7887. 8945. 10563. 2168. 2385. 2633. 3111. 3650. 910. 988. 1075. 12640. 13900. 4129. 4429. 196 1 196 2 196 3 196 4 I L OPERATORS' DWELLINGS I 196 0 MACHINERY AND LAND IMPROVEMENTS TOTAL TOTAL YEAR DAMAGE) 1286. 888. 973. 1070. 1209. TOTAL J TOTAL TRACTORS 387. 333. 458. 655. 857. 179. 152. 189. 258. 341. 1008. OTHER TRUCKS _AU1Q£ 109. 106. 169. 99. 75. 262. 100. 135. L 444. 333. 425. 592. 775. 315. 201. 397. 469. 514. 543. 544. 347. 382. 389. 369. 359. 264. 328. 379. 410. 450. 875. 1024. 1139. 1195. 564. 596. 681. 346. 358. 387. 397. 425. 476. 482. 501. 515. 532. 1242. 1274. 1317. 1374. 1464. 1598. 1572. 1637. 1685. 1723. 682. 668. 683. 695. 739. 431. 459. 501. 527. 538. 485. 445. 453. 463. 446. 1528. 1551. 1567. 1603. 1669. 1736. 1823. 1878. 1975. 788. 534. 562. 570. 596. 1771. 1915. 611. 414. 401. 376. 390. 377. 619. 711. 742. 799. 873. 357. 369. 379. 398. 410. 2601. 1059. 1213. 426. 469. 5014. 5481. 1179. 1282. 1322. 1353. 642. 860. 932. 989. 1014. 1015. 1088. 1123. 1267. 1613. 2012. 2308. 1222. 2116. 2303. 2444. 2797. 3010. 3370. 4017. 99 100 TABLE 8 2 0 . 2 C A P I T A L CONSUMPTION ALLOWANCES ( D E P R E C I A T I O N ALLOWANCES AND ACCIDENTAL DAMAGE) CHANGE FROM P R E V I O U S YEAR I N M I L L I O N S OF DOLLARS YEAR 1911 1912 1913 1914 1915 1916 1917 1918 1919 1 1 1 1 1 1 | | | | j | | 1 | | BUILDINGS TOTAL TOTAL 27. 26. 12. 1. 5. 2. —4. -16. 42. 73. 117. 188. 138. 8. 39. 52. 72. 68. 171. -172. -105. 9. 9. 59. -122. 4. 14. 5. | 1920 | 1921 | 1922 | 1 9 2 3 . . . . . | 1 9 2 4 . . . . . | | AND LAND IMPROVEMENTS! 1 OPERATORS' 1 DWELLINGS OTHER | 1 1 2. 3. | 1. 1. | -3. -1. | -8. -8. | 1 5. 3. | 17. 22. | 24. 28. | 35. 37. | 34. 34. | 1 26. 33. | -65. | -57. 3. 1. | 7. 7. | 4. 1. | 1 2. 1. | -3. -3. | —6 • -6. I 0. 1. 1 -2. -5. | 1 —6 • -7. | -31. -33. 1 -25. -25. | -9. -8. 1 9. 9. | 1925 1926 1927 1928 1929 | | | | | —80 • 14. 4. 10. 16. 3. —6. -12. 1. -7. 1930 1931 1932 1933 1934 | | | | | 39. -99. -122. -90. 6. -13. —64. -50. -17. 18. 1935 1936 1937 1938 1939 | | | | | 14. 64 . 68. 37. -52. -2. 26. 4. 6. -38. 0. 16. 2. 3. -21. -2. 10. 2. 3. -17. | | | | | 1 16. 73. 465. 34. 56. 3. 29. 44. 50. 47. 2. 15. 23. 26. 24. 1. 14. 21. 24. 23. 1940 1941 1942 1943 1944 | | | 1 | | I I | 1 | | 1 | | 1 MACHINERY TOTAL 1 1 1 MOTOR V E H I C L E S TOTAL TRACTORS TRUCKS AUTOS I 1 1 OTHER 22. 24. 16. 17. 12. 12. 8. 10. 2 4 3 2 . . . . 2. 1. 1. 1. 8. 7. 4. 7. 10. 12. 8. 7. 34. 34. 65. 116. 70. 23. 20. 35. 62. 71. 6. 3. 6. 31. 40. 2. 3. 3. 5. 5. 15. 14. 26. 26. 26. 11. 14. 30. 54. -1. 112. -50. -109. -5. 4. 40. -48. -53. 7. 9. 20. -1. -37. -3. -4. 10. 3. 1. 0. 4. 10. -50. -17. 10. 9. 72. -2. —56 . -12. —5 . -83. 20. 16. 9. 23. 18. 17. 10. 4. 20. 5. 4. 4. 3. 5. 8. 8. 9. 5. 5. 5. 5. -3. -4. 10. -101. 3. 6. 5. 3. 52. -35. -72. —73. -12. -1. -20. -39. -47. -2. 9. —6 . -17. -20. -3. -7. -10. -12. —8 • 0. —3. -4. -10. -19. 1. 53. -15. —33* -26. -10. 16. 38. 64. 31. —14. 16. 34. 51. 16. -12. 10. 19. 28. 14. —14 . 2. 9. 11. 5. 2. 4. 6. 12. -3. 0. 0. 4. 13. 15. -2. 13. 44. 421. —16. 9. 12. 41. 226. -35. -15. 2. 23. 118. -22. 0. 4. 8. 68. 8. 2. 6. 10. 40. -21. -17. 1. 3. 195. 19. 24. TABLE 820.2 C A P I T A L CONSUMPTION ALLOWANCES ( D E P R E C I A T I O N ALLOWANCES AND ACCIDENTAL DAMAGE) CHANGE FROM P R E V I O U S YEAR I N M I L L I O N S OF DOLLARS I BUILDINGS 1 TOTAL AND LAND IMPROVEMENTS| 1 OPERATORS' 1 DWELLINGS OTHER | MACHINERY 1945 1946 1947 1948 1949 1 1 1 1 1 1 I 1 I .1 I -115. -121. 364. 449. 363. I 1 I I 1 29. 44. 147. 85. -22. 14. 20. 59. 38. -12. 15. 24. 88. 47. -10. 1 | | | | | -144. -165. 217. 364. 385. -127. -54. 125. 197. 202. —56 • -27. 37. 69. 83. -49. -3. 63. 93. 53. -22. -24. 25. 35. 66. -17. -111. 92. 167. 183. 1950 1951 1952 1953 1954 1 I I 1 1 300. 482. 179. 128. 127. | I I 1 I 49. 162. -39. 32. 69. 22. 74. -20. 12. 31. 27. 88. -19. 20. 38. | | | | | 251. 320. 218. 96. 58. 151. 171. 103. 40. 31. 56. 72. 45. 29. 1. 32. 35. 7. -20. -10. 63. 64 . 51. 31. 40. 100. 149. 115. 56. 27. 1955 1956 1957 1958 1959 I ,| ,I ,I , I 119. 23. 190. 98. 240. I I 1 1 1 66. -59. 75. -5. 66. 33. -33. 28. 2. 23. 33. -26. 47. -7. 43. | | | | 1 53. 82. 115. 103. 174. 33. 50. 72. 46. 84. 20. 32. 24. 22. 39. -13. 12. 29. 10. 28. 26. 6. 19. 14. 17. 20. 32. 43. 57. 90. 1960 1961 1962 1963 1964 . | ,| ,| .1 , 1 1 ,1 . I »I ,I ,I 86. 51. 142. 166. 207. I I | I I 62. 54. 61. 82. 103. 49. 22. 29. 38. 49. 13. 32. 32. 44. 54. | | | | | 24. —3 . 81. 84. 104. -40. -26. 65. 48. 38. 1. -14. 15. 12. 44. 6. 28. 42. 26. 11. -47. -40. 8. 10. -17. 64. 23. 16. 36. 66. 208. 273. 397. 419. 374. 1 I I I 1 93. 42. 141. 135. 206. 49. 7. 56. 38. 67. 44. 35. 85. 97. 139. | | | | | 115. 231. 256. 284. 168. 13. 87. 55. 97. 27. 49. 72. 72. 57. 25. —4. 28. 8 . 26. 15. -32. -13. —25. 14. -13. 102. 144. 201. 187. 141. 186. 590. 537. 1058. 1618. 1 I I I I 40. 217. 248. 478. 539. -9. 78. 87. 211. 148. 49. 139. 161. 267. 391. | | 1 | | 146. 373. 289. 580. 1079. -11. 177. 76. 220. 432. 1. 73. 35. 144. 346. 8. 92. 31. 57. 74. -20. 12. 10. 19. 12. 157. 196. 213. 360. 647. 2077. 1260. I I 479. 300. 174. 178. 305. 122. | | 1598. 960. 601. 493. 399. 296. 186. 154. 16. 43. 997. 467. YEAR 1965 1966 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976 . | .1 ,| , | .1 1 ,I ,1 1 TOTAL 1 TOTAL 1 | 1 MOTOR V E H I C L E S 1 OTHER TOTAL TRACTORS TRUCKS AUTOS 1 102 TABLE 820.3 C A P I T A L C O N S U M P T I O N ALLOWANCES ( D E P R E C I A T I O N ALLOWANCES AND A C C I D E N T A L DAMAGE) P E R C E N T A G E CHANGE FROM P R E V I O U S YEAR 1 1 1 1 1 YEAR 1 1 1 1 9 9 9 9 1 1 1 1 1 2 3 4 . . . . . . . . . . . . , . . . 1 .1 . | • | • 1 1 1 1 1 1 9 9 9 9 9 1 1 1 1 1 5 6 7 8 9 . . . . . . . . . . . . . . . . . . . . .1 .1 .1 .1 .| 1 1 1 1 1 9 9 9 9 9 2 2 2 2 2 0 1 2 3 4 ...* .... .... .... .... 1 1 1 1 1 9 9 9 9 9 2 2 2 2 2 5 6 7 8 9 . . . . . . . . . . . . . . . 1 1 1 1 1 9 9 9 9 9 3 3 3 3 3 0 1 2 3 4 . . . . . . . . . . 1 1 1 1 1 9 9 9 9 9 3 3 3 3 3 5 6 7 8 9 . . . . . 1 1 1 1 1 9 9 9 9 9 4 4 4 4 4 0 1 2 3 4 . . . . . TOTAL I BUILDINGS 1 1 1 TOTAL 1 AND LAND IMPROVEMENTS! 1 OPERATORS' 1 DWELLINGS OTHER | 1 MACHINERY TOTAL 1 1 1 MOTOR V E H I C L E S TOTAL TRACTORS 1 1 1 OTHER TRUCKS AUTOS ***** 50.0 33.3 25.0 72.7 36.8 15.4 23.3 6.2 7.0 4.3 3.6 6.5 5.9 2.6 0.2 1 1 I 1 1 2. 0. - 1 . - 6 . 1 8 6 5 1.7 0.9 -2.5 -7.0 2. 0. - 0 . -6. 4 8 8 2 1 | | | | 12.6 12.2 7.3 7.2 100.0 50.0 22.2 22.7 200.0 133.3 42.9 20.0 8.7 13.9 19.6 26.3 15.3 1 1 1 1 1 3.5 16.5 18.8 22.0 17.0 4.7 15.2 18.6 22.9 18.1 2.5 17.6 19.0 21.1 16.0 | | I | | 13.4 11.8 20.2 30.1 13.9 42.6 26.0 36.1 47.0 36.6 50.0 16.7 28.6 114.8 69.0 4 4 3 3 2 0 9 0 5 8 40.5 26.9 39.4 28.3 22.0 5.5 6.7 13.4 21.3 -0.3 .1 .| .I .1 • I 16.4 -14.2 -10.1 1.0 1.0 1 1 1 1 1 12.6 -23.1 1.0 3.4 1.2 11.7 -23.0 1.6 3.6 2.0 13.4 -23.3 0.5 3.3 0.5 | | | | | 19.6 - 7 . 3 -17.2 - 1 . 0 0.8 15.1 -15.7 -20.6 3.4 4.3 20.4 -0.8 -31.6 -3.7 -5.2 43.5 9.1 2.8 0.0 10.8 6.9 -32.5 —16.3 11.5 9.3 23.5 -0.5 -14.9 -3.7 —1.6 . . . . . .1 . 1 . | .1 • I -8.4 1.6 0.5 1.1 1.8 1 1 I I 1 0. - 1 . - 2 . 0. - 1 . 0. -1. -2. 0. - 2 . 4 3 7 5 3 | 1 | | | -15.8 4.5 3.5 1.9 4.7 6.8 5.1 4.9 3.5 5.6 19.5 16.3 15.8 7.6 7.0 4.7 4.5 -2.6 —3 . 5 9.2 -33.2 1.5 2.9 2.4 1.4 . . . . . . . . . . . I . I .1 .1 . I 4.3 -10.4 -14.3 -12.3 0.9 I 1 1 I 1 -3.2 -16.2 -15.2 - 6 . 1 6.8 -3 -16 -15 -6 7 -3. -16. -14. -5. 6. 3 2 6 5 5 1 | | | | 10.2 —6.2 -13.7 -16.1 -3.1 9.6 5.8 7.5 5.0 5.0 -9.2 -14.5 -20.3 -17.0 0.0 -2.5 -3.4 -8.9 —18.6 1.2 24.1 -5.5 -12.8 -11.6 —5.0 . . . . . . . . . . . . . . . . | . | . | . I .1 2.2 9.6 9.3 4.6 -6.2 I I I 1 I - 0 . 7 9.3 1 .3 1.9 -12.1 0.0 11.9 1.3 2.0 -13.5 - 1 . 4 6.9 1.3 1.9 -10.6 | | | | | 4.3 9.9 15.1 6.4 —2.7 8.9 17.3 22.2 5.7 —4.0 17.5 28.4 32.6 12.3 -10.9 . . . . . . . . . . . . . . . . I . | .| . I • I 2. 9. 53. 2. 4. 1 1 I 1 1 1.1 10.4 14.2 14.2 11.7 1.5 11.0 15.2 14.9 12.0 0.7 9.7 13.3 13.4 11.3 | 1 | 1 | 2.6 8.5 75.0 —1 . 6 0.9 4.2 13.8 66.9 -6.2 -2.8 1.8 19.8 84.9 —8.6 0.0 1 0 2 4 5 1 1 7 4 8 2 7 1.0 -1.4 -2.9 0.0 —1.0 . . . . . 1 3 7 7 2 1 8. 7. 3. 1. 7. -0 -6 -14 -20 -1 . . . . . 2 1 9 5 4 3 9 6 5 1 -1 -2 - 0 2 0 8 7 . . . . . 1 0 0 2 0 4.8 6.8 12.8 -2.8 0.0 5.9 11.1 85.0 5.4 1.3 5.8 9.2 33.6 -13.2 -12.3 5. 22. 22. 8. 3. 0 2 6 7 -0 . . . . . 0 1 7 3 9 0.5 1.4 87.4 4.5 5.5 TABLE 820.3 C A P I T A L CONSUMPTION ALLOWANCES ( D E P R E C I A T I O N ALLOWANCES AND ACCIDENTAL DAMAGE) PERCENTAGE CHANGE FROM P R E V I O U S YEAR I 1 | YEAR I 1 1 1 .1 .I .I .1 .1 TOTAL 1 1 I BUILDINGS TOTAL MACHINERY AND LAND IMPROVEMENTS! OPERATORS• DWELLINGS I 1 OTHER | TOTAL 1 MOTOR V E H I C L E S 1 1 1 OTHER 1965.... 1966.... 1967.... 1968.... 1969.... . . . . . | I | | I 1 1 I I | I 4.2 5.3 7.4 7.2 6.0 1 1 t I I I I 1 | I I I I 1 | I I 1 I 1 1 1 I I I 1 I I I | I 1970.... 1971.... 1972.... 1973.... 1974.... .1 .1 . | .1 .1 2.8 8.7 7.3 13.4 18.1 1 I 1 I I 1.9 10.0 10.4 18.2 17.3 -1.0 8.6 8.8 19.6 11.5 4.1 11.0 11.5 17.1 21.4 | | | I | 3.3 8.1 5.8 11.0 18.5 -0.5 8.9 3.5 9.8 17.5 0.1 7.2 3.2 12.8 27.3 1.3 14.9 4.4 7.7 9.3 —5.3 3.4 2.7 5.0 3.0 6.4 7.5 7.6 12.0 19.2 1 9 7 5 . . . . .1 1976.... .| 1 19.7 10.0 1 1 1 13.1 7.3 12.1 11.1 13.8 4.8 I | 1 23.1 11.3 20.8 14.1 24.7 14.7 21.3 14.5 3.9 10.1 24.8 9.3 1945.... 1946.... 1947.... 1948.... 1949.... 1950.... 1951.... 1952.... 1953.... 1954.... 1955.... 1956.... 1957.... 1958.... 1959.... .| •I . | . | . I I . I . | . | . | • | I960.... 1961.... 1962.... 1963.... 1964.... . • . . . -8.1 -9.2 30.6 28.9 18.1 12.7 18.1 5.7 3.8 3.7 3.3 0.6 5.1 2.5 6.0 2.0 1.2 3.2 3.7 4.4 6.4 9.2 28.1 12.7 -2.9 6.3 8.4 22.9 12.0 -3.4 6.6 10.0 33.2 13.3 -2.5 1 1 | I | | I 6.7 20.7 -4.1 3.5 7.4 6.4 20.3 —4.6 2.9 7.2 6.9 21.1 -3.8 4.1 7.5 | | I 1 | 15.4 17.0 9.9 4.0 2.3 17.6 17.0 8.7 3.1 2.3 16.4 18.1 9.6 5.6 0.2 10.2 10.1 1.8 -5.1 -2.7 31.3 24.2 15.5 8.2 9.8 12.9 17.0 11.2 4.9 2.3 6.6 -5.5 7.4 -0.5 6.1 7.1 -6.7 6.1 0.4 4.7 6.1 -4.5 8.5 -1.2 7.3 I | | | | 2.1 3.1 4.2 3.6 5.9 2.4 3.6 5.0 3.1 5.4 3.7 5.7 4.0 3.5 6.1 —3 . 6 3.5 8.1 2.6 7.1 5.8 1.3 3.9 2.8 3.3 1.(6 2.6 3.4 4.3 6.6 5.4 4.5 4.8 6.2 7.3 9.5 3.9 4.9 6.2 7.5 2.1 4.9 4.7 6.2 7.2 | | I | I 0.8 -0.1 2.6 2.6 3.2 —2.4 —1. 6 4.1 2.9 2.3 0.1 -2.1 2.2 1.8 6.3 1.4 6.5 9.2 5.2 2.1 -8.8 -8.2 1.8 2.2 -3.7 4.4 1.5 1.0 2.3 4.1 6.2 2.6 8.6 7.6 10.7 7.0 0.9 7.4 4.7 7.9 5.4 4.1 9.6 10.0 13.0 | | I | I 3.4 6.6 6.8 7.1 3.9 0.8 5.0 3.0 5.2 1.4 6.6 9.1 8.4 6.1 2.5 -0.7 5.2 1.4 4.6 2.5 -7.2 -3.1 —6.2 3.7 -3.3 6.1 8.1 10.5 8.8 6.1 1 TOTAL -14.8 -19.9 32.6 41.2 30.9 -24.7 -14.0 37.5 43.0 30.8 TRUCKS AUTOS -23.8 -15.1 24.3 36.5 32.2 -31.0 -2.8 59.4 55.0 20.2 -18.2 -24.2 33.3 35.0 48.9 -3.7 -25.0 27.6 39.3 30.9 TRACTORS 1 103 TABLE 104 820.4 C A P I T A L CONSUMPTION ALLOWANCES ( D E P R E C I A T I O N ALLOWANCES AND ACCIDENTAL DAMAGE) PERCENTAGE OF TOTAL YEAR 1 1 1 1 1 9 9 9 9 9 1 1 1 1 1 0 1 2 3 4 . . . . . . . . . . . . . . . . . . . . 1 1 1 1 1 9 9 9 9 9 1 1 1 1 1 5 6 7 8 9 . . . . . . . . . . . . . . . . . . . . 1920.... 1921 1922 1923 . . . . , 1924 1925..... 1926 1927 1928 1929 1930 1931 1932 1933 1934 1935 1936 1937..... 1938 1939 1940 1941 1942 1943 1944 1 1 1 1 1 1 .1 .1 1 I 1 1 1 1 1 1 .1 1 1 1 ,1 .1 .1 1 .1 ,1 »I >1 •1 1 ,1 1 •1 1 1 1 1 ,1 1 1 1 j ,| 1 1 1 1 1 TOTAL 100.0 100.0 100.0 100.0 100.0 B U I L D I N G S AND LAND IMPROVEMENTS I * OPERATORS• 1 TOTAL DWELLINGS OTHER | 1 1 58.2 27.6 30.5 | 55.8 26.4 29.3 | 53.1 25.2 27.9 | 50.9 23.9 27.0 | 47.5 22.2 25.3 | MACHINERY TOTAL MOTOR V E H I C L E S • 1 1 | TOTAL TRACTORS TRUCKS AUTOS 1 1 I OTHER 41.8 44.2 46.9 49.1 52.5 2.9 5.4 7.7 9.1 11.2 0.2 0.7 1.5 2.1 2.5 0.0 0.5 0.6 0.8 1.0 2.6 4.3 5.5 6.2 7.7 38.9 38.8 39.2 39.9 4i .3 1.3 1.7 1.8 2.0 2.2 9.9 11.1 12.9 13.1 13.8 40.1 37.5 35.6 34.1 29.5 100.0 100.0 100.0 100.0 100.0 4 4 4 4 4 2 2 9 3 0 21.4 21.6 21.4 20.8 21.3 23.9 24.6 24.5 23.5 23.7 | | | | 1 54.8 53.8 54.1 55.7 55.0 14.7 16.2 18.5 21.5 25.5 3.4 3.5 3.8 6.4 9.4 100.0 100.0 100.0 100.0 100.0 43.5 39.0 43.8 44.9 45.0 20.5 18.4 20.8 21.3 21.5 23.0 20.6 23.0 23.5 23.4 | | | | | 56.5 61.0 56.2 55.1 55.0 25.2 24.7 21.8 22.4 23.1 9.7 11.3 8.6 8.2 7.7 2 3 4 3 4 7 5 0 9 3 12.7 10.0 9.3 10.3 11.1 31.3 36.3 34.4 32.8 31.9 100.0 100.0 100.0 100.0 100.0 4 4 4 4 4 4 0 4 0 4 23.7 23.0 22.2 22.0 21.4 25.7 24.9 24.2 24.0 23.0 | | | | | 50.6 52.0 53.6 54.0 55.6 27.3 28.8 29.8 29.9 31.6 8.9 9.3 9.7 9.9 10.3 5.6 6.4 7.4 7.9 8.3 12.7 13.1 12.7 12.1 13.0 23.3 23.3 23.8 24.1 24.0 100.0 100.0 100.0 100.0 100.0 41.3 38.6 38.1 40.8 43.2 19.9 18.6 18.3 19.4 20.6 21.4 20.0 19.9 21.4 22.6 | I | | | 58.7 61.4 61.9 59.2 56.8 30.2 31.3 31.2 28.3 27.7 10.8 11.3 10.9 9.3 8.8 7.2 6.9 6.4 6.1 6.0 12.1 13.1 13.9 12.9 12.9 28.6 30.1 30.7 30.9 29.1 100.0 100.0 100.0 100.0 100.0 4 4 3 3 3 2.0 1.9 8.8 7.8 5.5 20.2 20.6 19.1 18.6 17.2 21.8 21.3 19.7 19.2 18.3 | | | | | 58.0 58.1 61.2 62.2 64.5 29.5 31.6 35.3 35.7 36.5 10.1 11.8 14.3 15.4 14.6 6.2 6.9 7.7 7.9 8.7 13.3 12.9 13.3 12.4 13.2 28.5 26.5 25.9 26.5 28.0 100.0 100.0 100.0 100.0 100.0 3 3 2 2 3 5 5 6 9 1 17.1 17.4 13.0 14.6 15.7 18.1 18.2 13.4 14.8 15.9 | | | | | 1 64.9 64.5 73.6 70.6 68.4 37.3 38.9 42.2 38.6 36.1 14.6 16.0 19.3 17.2 16.5 9.0 9.2 11.1 11.4 11.1 13.7 13.7 11.9 10.1 8.5 27.6 25.6 31.3 31.9 32.4 5 6 5 4 5 9 8 6 6 4 . . . . . . . . . . . . . . . 1 5 4 4 6 . . . . . TABLE 820.4 C A P I T A L CONSUMPTION ALLOWANCES ( D E P R E C I A T I O N ALLOWANCES AND ACCIDENTAL PERCENTAGE OF TOTAL BUILDINGS TOTAL YEAR 1945 1946 1947 1948 1949 1950 1951..... 1952 1953 1954 1955 1956 1957 1958 1959 1960 1961 1962...., 1963..... 1964...., 1965...., 1966...., 1967..... 1968...., 1969.... 1 1 1 1 1 9 9 9 9 9 70...., 71.... 72.... 73.... 74.... 1975.... 1976.... TOTAL I | I 1 I 1 | I | I 1 1 1 ,| ,1 ,I ,I 1 ,| ,I .| .1 .1 1 .1 .| .| .| .I 1 .| .| .| .| .I 1 .| .| MACHINERY AND LAND IMPROVEMENTS OPERATORS• DWELLINGS DAMAGE) MOTOR V E H I C L E S OTHER J TOTAL TOTAL TRACTORS TRUCKS AUTOS I OTHER 1 100.0 100.0 100.0 100.0 100.0 36.6 44.0 43.1 37.7 31 . 0 18.2 21.7 20.4 17.7 14.5 18.4 22.3 22.7 20.0 16.5 63.4 56.0 56.9 62.3 69.0 29.5 28.0 29.5 32.7 36.2 13.7 12.8 12.2 12.9 14.4 8.3 8.9 10.9 13.1 13.3 7.6 6.3 6.4 6.7 8.5 33.9 28.0 27.4 29.6 32.8 100.0 100.0 100.0 100.0 100.0 29.3 30.0 27.2 27.1 28.1 13.7 13.9 12.6 12.5 12.9 15.6 16.0 14.6 14.6 15.2 70.7 70.0 72.8 72.9 71.9 37.8 37.5 38.5 38.3 37.8 14.9 14.9 15.5 15.7 15.2 13.0 12.1 11.7 10.7 10.0 9.9 10.4 11.4 11.9 12.6 32.8 32.5 34.2 34.6 34.1 100.0 100.0 100.0 100.0 100.0 29.0 27.2 27.8 27.0 27.0 13.4 12.4 12.5 12.3 12.1 15.6 14.8 15.3 14.7 14.9 71.0 72.8 72.2 73.0 73.0 37.5 38.6 38.5 38.7 38.5 15.2 16.0 15.8 16.0 16.0 9.4 9.6 9.9 9.9 10.0 12.9 12.9 12.8 12.8 12.5 33.6 34.2 33.7 34.3 34.4 100.0 100.0 100.0 100.0 100.0 27.9 28.8 29.3 30.0 30.8 13.0 13.4 13.6 13.9 14.3 14.9 15.5 15.7 16.1 16.5 72.1 71.2 70.7 70.0 69.2 36.8 35.8 36.1 35.9 35.1 15.7 15.2 15.1 14.8 15.1 9.9 10.5 11.1 11.2 11.0 11.2 10.1 10.0 9.9 9.1 35.2 35.3 34.6 34.1 34.0 100.0 100.0 100.0 100.0 100.0 3 3 3 3 3 .4 .6 .9 .0 .4 14.7 14.1 14.1 13.7 14.0 16.7 16.5 16.8 17.3 18.4 68.6 69.4 69.1 69.0 67.6 34.0 33.9 32.5 31.9 30.5 15.4 16.0 16.1 16.0 15.4 10.4 10.4 9.9 9.6 9.3 8.1 7.4 6.5 6.3 5.7 34.7 35.6 36.6 37.1 37.2 100.0 100.0 100.0 100.0 100.0 32.1 32.4 33.4 34.8 34.6 13.5 13.4 13.6 14.4 13.6 18.6 19.0 19.8 20.4 21.0 67.9 67.6 66.6 65.2 65.4 29.5 29.5 28.5 27.5 27.4 15.0 14.8 14.2 14.2 15.3 9.2 9.7 9.4 8.9 8.3 5. 5. 4. 4. 3. 3 0 8 4 9 38.5 38.1 38.2 37.7 38.0 100.0 100.0 32.7 31.9 12.7 12.8 19.9 19.0 67.3 68.1 27.7 28.7 15.9 16.6 8.4 8.7 3.4 3.4 39.7 39.4 1 0 0 1 2 105 TABLE 106 830.1 C A P I T A L NET INVESTMENT ( E X P E N D I T U R E S L E S S CONSUMPTION ALLOWANCES) AMOUNTS I N M I L L I O N S OF DOLLARS 1 1 | 1 1 1 | | | | | | | | | | YEAR BUILDINGS TOTAL TOTAL AND LAND IMPROVEMENTS! 1 OPERATORS• 1 DWELLINGS OTHER | I MACHINERY MOTOR V E H I C L E S 1 TOTAL i 11 TflTAl lUlAL •!. 1 KAL.iuftrf 1 1 IBUCKS 121. 109. 96. 72. 83. 24. 24. 26. 12. 33. 1. 1. 11. 4. -5. 23. 75. 63. 134. 1 | | | | 1 1i | | | | | 94. 75. 80. -23. 52. 64. 68. 113. 73. 156. 14. 15. 34. 89. 105. 8. 8. 9. 18. -93. -75. -59. -72. 21. -89. -65. -47. -58. | | | | | 149. -309. — 162 . -35. -93. 70. -95. 9. 64. 42. 53. -51. -16. 2. -120. -128. -58. -83. -100. -66 . —67 • -38. -42. -49. -54. -61. -20. -41. -51. | | | | | 91. 107. 52. 99. 150. 71. 60. 17. 53. 91. -238. -448 . -540. -447. -263 . -201. -233. -243. —206. -211. -83. -100. -110. -96. -102. 1 1 1 1 1 | | | | | -37. -215. -297. -241. -52. 1935.....| 193 6 | 193 7 | 193 8 | 193 9 | -81. 58. 151. -102. 50. -144. -136. -72. -97. -7. | | 194 0 194 1 194 2 194 3 1 9 44 132. 393. -39. -335. 236. 24. 21. -10. -25. 8. 191 0 191 1 191 2 191 3 191 4 115. 87. 91. 71. 98. -6. -22. -5. -1. 15. -4. -12. -4. -1. 7. -2. -10. -1. 0. 8. 86. 123. 201. 55. 237. -8. 48. 121. 78. 185. 192 0 192 1 192 2 192 3 192 4 | | | | | | -3. 25. 46 . 15. 51. 188. -491. -302. -141. -223. 39. -182. -140. -106. -130. 192 5 192 6 192 7 192 8 192 9 | | | | | -29. -21. -6 . 16. 50. 191 5 191 6 191 7 191 8 1919.....| 193 0 193 1 1 9 32 193 3 1 9 34 | I | | | | | 1 | | | | | | 1 - 7 8 5 7 2 8 4 6 2 4 - 1 3 3 1 0 8. 3. 3. 0. 9. j . . . . . -66. -52. -16. -25. 17. | | 63. 194. 223. -5. 57. 3. - 4 . -48. -91. -113. 21. 25. 38. 66. 121. | | I | | 108. 372. -29. -310. 228. j 1 4. 5. 8. 3. - AUTOS OTHER 1 17. 18. 15. 10. 18. 97. 85. 70. 60. 50. 8. 42. 45. 70. -17. 43. 30. 7. -33. -96. -104. 34. 11. 10. 6. 27 o -17. -55. 15. 56. 14. 79. -214. -171. -99. -135. 13. 22. 33. 12. 48. 24. 25. 12. 17. 10. 34. 13. -28. 24. 33. 20. 47. 35. 46. 59. 0. —60. -111. -79. 61. 12. -44. -58. -38. 2. -15. -20. -22. -1. 11. 3. 4. -31. —40. 48. -37. -155. -186. —162 . -113. 91. 171. 148. -21. 61. 50. 81. 109. 24. 37. 32. 42. 31. -12. 5. 9. 48. 8. -33. 19. -28. 23. 75. 16. -4. 87. 237. -154. -228. —16. 81. 156. 28. —80. 105. 9. 36. -45. -35. -32. -3. 45. -137. -113. -89. 21. 135. 125. -82. 244. 1. 1. 3. 1. TABLE 8 3 0 . 1 C A P I T A L NET INVESTMENT ( E X P E N D I T U R E S L E S S CONSUMPTION ALLOWANCES) AMOUNTS I N M I L L I O N S OF DOLLARS 1 j I 1 1 YEAR 1 I I I | 1 1945 1946 1947 1948 1949 1 1 BUILDINGS TOTAL 1 1 I TOTAL 375. 1006. 1875. 2482. 2359. 1 | 1 I I I 8. 638. 764. 885* 837. -113. 151. 237. 347. 340. 740. 655. 709. 590. 419. 1 MACHINERY AND LAND IMPROVEMENTS I 1 OPERATORS f 1 OTHER | DWELLINGS TOTAL 121. 487. 527. 538. 497. 1 | I | | | 367. 368. 1111. 1597. 1522. 58. 228. 648. 848. 933. 277. 226. 246. 188. 110. 463. 429. 463. 402. 309. | | | I | 1269. 1118. 545. 684. 164. 313. 379. 323. 272. 505. 37. 67. 47. 22. 24. 276. 312. 276. 250. 481. I 1 | 1 | | 1 | 1 MOTOR V E H I C L E S 1 1 1 OTHER TRUCKS AUTOS 97. 89. 260. 403. 425. -15. 110. 294. 273. 225. -24. 29. 94. 172. 283. 309. 140. 463. 749. 589. 726. 593. 138. 481. 96. 372. 338. 241. 179. 26. 155. 68. -40. 9. 18. 199. 187. —63 . 293. 52. 543. 525. 407. 203. 68 . 132. -304. -313. 222. 312. 96. -191. -131. 52. 48. 125. -71. -98. 35. 116. -37. -33. -16. —16. 0. 8. -87. -17. 33. —68. 36. -113. -182. 170. 264. TOTAL TRACTORS I I I I 1 1 ,I 1955 1956...... | . 1 1957 1 9 5 8 . . . . , .I ,I 1959 2009. 1773. 1254. 1274. 583. 445. 75. 10. 494. 817. | | I I I 1 | 1 | I 1 I960.. 1961 1962.. 1963.. 1964.. . . ,,| ,1 ..,. 1 ..,. | .... 1 151. 226. 492. 715. 785. I 1 1 I | 475. 483. 506. 478. 407. -79. 6. —66 . —88 • -115. 554. 477. 572. 566. 522. | I I | | -324. -257. -14. 237. 378. -254. -159. 13. 61. 145. -188. -89. 4. 91. 110. -1. 13. 13. 16. 48. —65. -83. —4. —46. -13. -70. -98. -27. 17 6 . 233. 1 1 1 1 1 9 9 9 9 9 6 6 6 6 6 5 6 7 8 9 . . . . . . . . . . . . . . . . . . . . .I .I . I .| .| 994. 1304. 1665. 496. 291. | | | 322. 431. 527. 224. 212. -212 —165 -202 -304 -268 . • . . . 534. 596. 729. 528. 480. I | I 1 | 672. 873. 1138. 272. 79. 204. 290. 251. 85. 1. 198. 349. 236. 179. 59. -5. -51. 6. —61. -44. 11. —8 • 9. -33. -14. 468. 583. 887. 187 . 78 . 1 1 1 1 1 9 9 9 9 9 7 7 7 7 7 0 1 2 3 4 . . . . . . . . . . . . . . . . . . . . . . . . . 525. 7. 158. 1764. 2027. 199. 99. -283. -49. 745. -418. -420. -510. -749. -288. 617. 519. 227. 700. 1033. I | 1 | I 326. -92. 441. 1813. 1282. 39. -31. 220. 602. 509. 108. 100. 295. 656. 623. - . . . . . -47. -50. —5. 12. —105. 287. —61. 221. 1211. 773. 189. 552. -655. —726 . 844. 1278. I 1 1 520. 665. 448. 412. 171. 313. -99. —60. -194. -551. 1950 1951 1952 1953 1954 1 1 , , , , , 1 | | 1 | | t 1975.... .| 1 9 7 6 . . . . .1 I 515. 666. 1 1 I I 1 I I i I I 1 I 1 t 326. 114.* 2 8 7 6 - 2 1 0 6 9 AGRICULTURAL F I N A N C E DATABOOK—ANNUAL 900 920 INCOME, AND C A S H FLOW GROSS FARM INCOME, 921.1 921.2 921.3 921.4 930 EXPENSES, 1910-0ATE AMOUNTS CHANGE FROM P R E V I O U S YEAR . X I X PERCENTAGE CHANGE FROM PREVIOUS YEAR PERCENTAGE D I S T R I B U T I O N FARM PRODUCTION E X P E N S E S , 931.1 931.2 931.3 931.4 SERIES 1910-DATE AMOUNTS CHANGE FROM P R E V I O U S YEAR . . . . . . . . X PERCENTAGE CHANGE FROM PREVIOUS YEAR PERCENTAGE D I S T R I B U T I O N (CONTINUED) NOVEMBER 1 9 7 7 1 0 8 A G R I C U I B aAL FINANCE 903 EXPENSES, INCOME, 940 CASH 941 941.1 941.2 941.3 941.4 IN CASH 951 1967 1910-DATE DOLLARS 126 128 YEAR 130 132 DOLLARS FLOW AND NET INCOME, YEAR 134 136 138 1960-DATE CURRENT DOLLARS IN AMOUNTS CHANGE FROM P R E V I O U S YEAR PERCENTAGE CHANGE FROM P R E V I O U S PERCENTAGE D I S T R I B U T I O N 1967 952.1 952.2 952.3 952.4 SOURCE: (CONTINUED) AMOUNTS CHANGE FROM P R E V I O U S YEAR PERCENTAGE CHANGE FROM PREVIOUS 951.1 951.2 951.3 951.4 952 INCOME, NOVEMBER 1 9 7 7 SERIES AMOUNTS CHANGE FROM P R E V I O U S YEAR PERCENTAGE CHANGE FROM PREVIOUS PERCENTAGE D I S T R I B U T I O N 942.1 942.2 942.3 950 AND CASH FLOW FLOW AND NET CURRENT 942 DATABOOK—ANNUAL YEAR 140 140 141 141 DOLLARS AMOUNTS CHANGE FROM P R E V I O U S YEAR PERCENTAGE CHANGE FROM PREVIOUS PERCENTAGE D I S T R I B U T I O N YEAR 142 142 143 143 FARM INCOME S T A T I S T I C S . SECTOR PERFORMANCE MEASURES, NATIONAL ECONOMIC A N A L Y S I S D I V I S I O N , ECONOMIC RESEARCH S E R V I C E , U . S . DEPARTMENT OF A G R I C U L T U R E . SECTIONS 9 4 0 SERIES USED, AND 9 5 0 D I F F E R WITH RESPECT TO THE NONFARM INCOME AS E X P L A I N E D I N THE FOOTNOTE TO TABLE 9 4 1 . 1 . 109 110 table 921.1 g r o s s farm income amounts i n m i l l i o n s o f d o l l a r s cash receipts year total total u n r e a l i z e d and nonmqney income marketings I I TOTAL LIVESTOCK CROPS a i government| payments | J other farm total L INCOME i net change| home | rental | in |consumption| value of 1 INVENTORY! I dwellings 1910,. 1911.< 1912... 1913... 1914... 7689. 6923. 8242. 7653. 8135. 5780. 5584. 6008. 6238. 6036. 5780. 5584. 6008. 6238. 6036. 2851. 2679. 2913. 3161. 3137. 2929. 2905. 3095. 3077. 2899. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 1909. 1339. 2234. 1415. 2099. 212. -260. 579. -266 . 417. 1270. 1165. 1204. 1222. 1228. 427. 434. 451. 459. 454. 1915... 1916... 1917... 1918... 1919... 8387. 9305. 14296. 16294. 17316. 6392. 7746. 10736. 13467. 14538. 6392. 7746. 10736. 13467. 14538. 3129. 3711. 5094. 6493. 6935. 3263. 4035. 5642. 6974. 7603. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 1995. 1559. 3560. 2827. 2778. 327. -338. 986. -153. -509. 1192. 1384. 2003. 2341. 2556. 476. 513. 571. 639. 731. 1920.. 1921.. 1922.., 1923.., 1924.., 16632. 10008. 10957. 12122. 12302. 12600. 8058. 8575. 9545. 10225. 12600. 8058. 8575. 9545. 10225. 5956. 3952. 4275. 4680. 4812. 6644. 4106. 4300. 4865. 5413. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 4032. 1950. 2382. 2577. 2077. 688. -565. -102. -45. -483. 2509. 1746. 1717. 1772. 1706. 835. 769. 767. 850. 854. 1925.., 1926... 1927.., 1928.., 1929.., 14081. 13309. 13161. 13738. 13816. 11021. 10558. 10733. 10991. 11312. 10 5 5 8 . 10733. 10991. 11312. 11021. 5476. 5683. 5608. 6035. 6182. 5545. 4875. 5125. 4956. 5130. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 3060. 2751. 2428. 2747. 2 504. 365. 7. -175. 140. -122. 1827. 1875. 1725. 1724. 1713. 868. 869. 878. 883. 913. 1930.., 1931... 1932... 1933... 1934... 11203. 6515. 6913. 7638. 9055. 6381. 4748. 5463. 6803. 9055. 6381. 4748. 5332. 6357. 5187. 3841. 2752. 2846. 3336. 3868. 2540. 1996. 2486. 3021. 0. 0. 0. 131. 446. 0. 0. 0. 0. 0. 2148. 2500. 1767. 1450. 835. -269. 460. 110. -194. -930. 1552. 1265. 993. 1030. 1125. 865. 775. 664. 614. 640. 1935... 1936... 1937... 1938... 1939... 10394. 9950. 12183. 10281. 10680. 7693. 8669. 9200. 8169. 8635. 7120. 8391. 8864. 7723. 7872. 4143. 4742. 4940. 4523. 4536. 2977. 3649. 3924. 3200. 3336. 573. 278. 336. 446. 763. 0. 0. 0. 0. 0. 2701. 1281. 2983. 2112. 2045. 698. —806. 816. 132. 95. 1320. 1394. 1434. 1235. 1209. 683. 693. 733. 745. 741. 1940... 1941... 1942... 1943... 1944.. 11340. 14271. 19893. 23344. 24038. 9105. 11655. 16215. 20265. 21312. 8382. 4913. 6492. 9039. 11493. 11351. 3469. 4619. 6526. 8127. 9185. 723. 544. 650. 645. 776. 0. 0. 0. 0. 0. 2235. 2616. 3678. 3079. 2726. 281. 420. 1099. -53. -410. 1210. 1429. 1758. 2253. 2181. 744. 767. 821. 879. 955. 8881. 11111. 15565. 19620. 20536. TABLE 921,1 GROSS FARM INCOME AMOUNTS I N M I L L I O N S OF DOLLARS U N R E A L I Z E D AND NONMONEY INCOME CASH R E C E I P T S YEAR | MARKETINGS TOTAL TOTAL TOTAL LIVESTOCK CROPS I GOVERNMENT! 1 PAYMENTS | 1 1 OTHER FARM INCOME | | 1 945.,.| 946...I 947...1 948..e| 949...| 25374. 29568. 32386. 36454. 30762. 22405 . 25574. 29934. 30484. 27990. 21663. 24802. 29620. 30227. 27805. 12008. 13786. 16527. 17129. 15409. 9655. 11016. 13093. 13098. 12396. 742. 772. 314. 257. 185. 0. 0. I I 0. 0. 0. 1 1950...1 1951...| 1952...| 1953...1 1954...I 33103. 38282. 37751. 34447. 34181. 28764. 33186. 32873. 31298. 30190. 28461. 32858. 32528. 31001. 29832. 16105. 19619. 18238. 16923. 16276. 12356. 13239. 14290. 14078. 13556. 283. 286. 275. 213. 257. 20. 42. 70. 84. 101. 1 1 1 1 1 | | | | | 33476. 33959. 34788. 38958. 37890. 29842. 31096. 30899. 34767 . 34556. 29490. 30401. 29714. 33456. 33647. 15967. 16363. 17376. 19227. 18904. 13523. 14038. 12338. 14229. 14743. 229. 554. 1016. 1089. 682. 1960..,I 1961...1 1962...| 1963...I 1964...| 38894. 40547. 42343. 43368. 42304. 35194. 36900. 38472 . 39458. 39843 . 34248. 35164. 36468. 37477. 37326. 18989. 19514. 20158. 20047. 19948. 15259. 15650. 16310. 17430. 17378. 1965...I 1966 . . . | 1967... | 1968... | 1969...| 46549. 50468. 50520. 51847. 56408. 42215. 47128 . 46380. 48166. 52532. 39365. 43435. 42817. 44183. 48179. 21886. 25026. 24383. 25487. 28573. 1 1 1 1 1 970...| 971...| 972...1 973...| 974...I 58575. 62000. 70980. 98911. 98340. 54799. 56645 . 65814. 90488. 93969. 50539. 52859. 61190. 87068. 92449. 1975...| 1976...| 100116. 101749. 90117. 96422. 88077. 94326. 1 1 1 1 1 9 9 9 9 9 THESE 5 5 5 5 5 5 6 7 8 9 . . . . . . . . . . . . . . . USDA SERIES TOTAL | RENTAL HOME | N E T CHANGE 1 | IN | C O N S U M P T I O N ! VALUE OF 1 INVENTORY! 1 DWELLINGS 2969. 3994. 2452. 5970. 2772. -439. 29. -1760. 1732. —866. 2356. 2662. 2765. 2733. 2230. 1052. 1303. 1447. 1505. 1408. I | 1 | 1 4339. 5096. 4878. 3149. 3991. 812. 1184. 922. -623. 491. 2063. 2304. 2220. 2007. 1789. 1464. 1608. 1736. 1765. 1711. 123. 141. 169. 222. 227. | I | | | 3634. 2863. 3889. 4191. 3334. 215. -456. 618. 825. 14. 1678. 1585. 1484. 1505. 1289. 1741. 1734. 1787. 1861. 2031. 702. 1493. 1747. 1696. 2181. 244. 243. 257. 285. 336. I | 1 I | 3700. 3647. 3871. 3910. 2461. 397. 336. 620. 629. -817. 1205. 1109. 993. 921. 835. 2098. 2202. 2258. 2360. 2443. 17479. 18409. 18434. 18696. 19606. 2463. 3277. 3079. 3462. 3794. 387. 416. 484. 521. 559. 1 | | | | 4334. 3340. 4140. 3681. 3876. 1042. -83. 657. 124. 99. 811. 824. 736. 719. 731. 2481. 2599. 2747. 2838. 3046. 29563. 30583. 35670. 45936. 41359. 20976. 22276. 25520. 41132. 51090. 3717. 3145. 3961. 2607. 531. 543. 641. 663. 813. 989. 1 | I | | 3776. 5355. 5166. 8423. 4371. 6. 1397. 861. 3406. -1611. 751. 732. 831. 1104. 1295. 3019. 3226. 3474. 3913. 4687. 43024. 46389. 45053. 47937. 807. 734. 1233. 1362. | | 9999. 5327. 3448. -1894. 1270. 1342. 5281. 5879. INCLUDE SHARE RENT AND GOVERNMENT PAYMENTS RECEIVED I I BY L A N D L O R D S . Ill 112 TABLE 9 2 1 . 2 CHANGE 1 1 | 1 1 1 YEAR 1911. 1912, 1913a 1914. ..| ,.| .1 ..| | GROSS FARM INCOME FROM P R E V I O U S YEAR I N M I L L I O N S OF DOLLARS CASH R E C E I P T S TOTAL MARKETINGS TOTAL TOTAL LIVESTOCK CROPS UNREALIZED AND NONMONEY I GOVERNMENT! 1 PAYMENTS | 1 1 OTHER FARM INCOME TOTAL INCOME INET CHANGE| HOME | RENTAL 1 IN | C O N S U M P T I O N ! VALUE OF 1 INVENTORY 1 1 DWELLINGS -766. 1319. -589. 482. -196. 424. 230. -202. -196. 424. 230. -202. -172. 234. 248. —24 . -24. 190. -18. -178. 0. 0. 0. 0. 0. 0. 0. 0. -570. 895. -819. 684. -472. 839. -845. 683. -105. 39. 18. 6. 7. 17. 8. -5. 252. 918. 4991. 1998. 1022. 356. 1354. 2990. 2731. 1071. 356. 1354. 2990. 2731. 1071. -8. 582. 1383. 1399. 442. 364. 772. 1607. 1332. 629. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. -104. -436. 2001. -733. -49. -90. —665 • 1324. -1139. —356. —36 . 192. 619. 338. 215. 22. 37. 58. 68. 92. 1920...| 1 9 2 1 . . . |. 1922...| 1923...| 1924...I j 1925...| 1926...| 1927..* j 1928...| 1929...| | -684. -6624. 949. 1165. 180. -1938. -4542. 517. 970. 680. -1938. -4542. 517. 970. 680. -979. -2004. 323. 405. 132. -959. -2538. 194. 565. 548. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 1254. -2082. 432. 195. -500. 1197. -1253. 463. 57. -438. -47. -763. -29. 55. —66 • 104. —66 • -2. 83. 4. 1779. -772. -148. 577. 78. 796. -463. 175. 258. 321. 796. -463. 175. 258. 321. 664. 207. -75. 427. 147. 132. —670. 250. -169. 174. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 983. -309. -323. 319. -243. 848. -358. -182. 315. -262. 121. 48. -150. -1. -11. 14. 1. 9. 5. 30. 1930a..1 1931...| 1932...| 1933...| 1934...| j 1935...1 1936...| 1937... I 1938...| 1939...| j 1940...| 1941...| 1942...| 1943...| 1944...| 1 -2613. -2322. —2366. 398. 725. -2257. -2674. -1633. 715. 1340. -2257. -2674. -1633. 584. 1025. -995. -1346. -1089. 94. 490. -1262. -1328. -544. 490. 535. 0. 0. 0. 131. 315. 0. 0. 0. 0. 0. -356. 352. -733. -317. -615. -147. 729. -350. -304. -736. -161. -287. -272. 37. 95. 2756. -444. 2233. -1902. 399. 890. 976. 531. -1031. 466. 763. 1271. 473. -1141. 149. 807. 599. 198. -417. 13. -44. 672. 275. -724. 136. 127. -295. 58. 110. 317. 0. 0. 0. 0. 0. 1866. -1420. 1702. -871. —67 • 1628. -1504. 1622. —684. -37. 195. 74. 40. -199. —26 • 43. 10. 40. 12. -4. 660. 2931. 5622. 3451. 694. 470. 2550. 4560. 4050. 1047. 510. 2729. 4454. 4055. 916. 377. 1579. 2547. 2454. -142. 133. 1150. 1907. 1601. 1058. -40. -179. 106. -5. 131. 0. 0. 0. 0. 0. 190. 381. 1062. -599. -353. 186. 139. 679. -1152. -357. 1. 219. 329. 495. -72. 3. 23. 54. 58. 76. 1 1 1 1 1 9 9 9 9 9 15... 16... 17... 18... 19... | | | | | i -48. -90. -111. —50 . 26. TABLE 921.2 GROSS FARM INCOME CHANGE FROM P R E V I O U S YEAR I N M I L L I O N S OF DOLLARS U N R E A L I Z E D AND NONMONEY CASH R E C E I P T S YEAR 1945...1 1946#..1 1947...1 1948...1 1949...| 1 1950. .. 1 1951... 1 1952...1 1953...1 1954... I 1 1955...I 1956... 1 1957... I 1958. .. 1 1959...| 1 1960*..I 1961...1 1962...1 1963...1 1964...I 1 1965 > • * I 1966.,.I 19 6 7 . . . 1 1968...1 1969...I 1 1970...I 1971...1 1972...1 1973...I 1974...! 1 1975...I 1976...1 TOTAL TOTAL LIVESTOCK CROPS- OTHER FARM TOTAL INCOME | N E T CHANGE I HOME I RENTAL 1 IN | C O N S U M P T I O N | VALUE OF I INVENTORY t I DWELLINGS 470. 1361. 2077. 5. -702. -34. 30. -458. -57. -72. 0. 0. 0. 0. 0. 243. 1025. -1542. 3518. -3198. -29. 468. -1789. 3492. -2598. 175. 306. 103. —32 * -503. 97. 251. 144. 58. -97. -40. 883. 1051. 20. 22. 28. 14. 17. 1567. 757. -218. -1729. 842. 1678. 372. -262. -1545. 1114. —167 . 241. -84. -213. -218. 56. 144. -522. 98. 3. -11. —62 . 44. 29. -54. -309. 396. 1013. 1851. -323. —33 . 515. -1700. 1891. 514. —28. 325. 462. 73. -407. 22. 18. 28. 53. 5. -357. -771. 1026. 302. -857. -276. -671. 1074. 207. -811. -111. —93 . -101. 21. —216 . 30. -7. 53. 74. 170. 85. 525. 644. 516. 391. 20. 791. 254. -51. 485. 17. -1. 14. 28. 51. 366. -53. 224. 39. -1449. 383. —61. 284. 9. -1446. -84. -96. —116 . -72. —86. 67. 104. 56. 910. 282. 814. -198. 383. 332. 51. 29. 68. 37. 38. 1873. -994. 800. -459. 195. 1859. -1125. 740. -533. -25. -24. 13. -88. -17. 12. 208. -4577. 1370. 1300. 3244. 15612. 9958. -77. -572. 816. -1354. —2076. —16. 98. 22. 150. 176. -100. 1579. -189. 3257. -4052. -93. 1391. -536. 2545. -5017. 20. -19. 99. 273. 191. -27. 207. 248. 439. 774. 1665. 3365. —6037. 2884. 276. -73. 244. 129. 5628. -4672. 5059. -5342. -25. 72. 594. 598. 657. 1778 . 2741. 1336. 4194. 2818. 4068. -5692. 1093. 3169. 4360. 550. -2494 . 1127. 3139. 4818. 607. -24 22. -1720. 2341. 5179. -531. -3304. -266. 774. 4422. -313. -1575. -1108. 656. 4397. -330. -1527. -1169. 696. 3514. -1381. -1315. —647 . -705. 483. 829. 4170. —1068. -348. 1254. -197. 3868. -211. -342. 911. -687. 3742. 191. 1004. 1653, 1796 a 1025. -1064. 638. 1706. 1572. 986. 385. 601. 916. 1304. 1009. -151. 4245. 3919. 52. 1327. 4561. 2372. 4913. -748. 1786. 4366. 2039. 4070. —618 • 1366. 3996. 1938. 3140. -643. 1104. 3086. 2167. 3425. 8980. 27931. -571. 2267. 1846. 9169. 24674. 3481. 2360. 2320. 8331. 25878. 5381. 990. 1776. 1633. -3852. 6305. -4372. 6249. I GOVERNMENT| .1 PAYMENTS I MARKETINGS TOTAL INCOME 602. -212. 660. -111. 1120. -99. -52. 1020. 5087. 10266. 101. 930. 25. 262. 128. 102. 83. 38. 118. 148. 91. JL.~ 113 TABLE 114 921.3 PERCENTAGE 1 1 YEAR | 1 1 1 1 1 1 1 9 9 9 9 . . . . | | | | 1 1 1 1 1 9 1 5 . . . 9 1 6 . . . 9 1 7 . . . 9 1 8 . . . 919... | | | | 1 1 1 1 1 9 9 9 9 9 2 2 2 2 2 0 1 2 3 4 . . . . . . . . . . . . . . . | | | | | 1 1 1 1 1 9 9 9 9 9 2 2 2 2 2 5 6 7 8 9 . . . . . . . . . . . . . . . | | | | | 1 1 1 1 1 9 9 9 9 9 3 3 3 3 3 0 1 2 3 4 . . . . . . . . . . . . . . . | | | | | 1 9 1 9 1 9 1 9 1 9 1 1 1 1 3 3 3 3 3 1 2 3 4 5 6 7 8 9 . . . . . . . . . . . . . . . . . . . . . . . 1 | | | | | | 9 9 9 9 9 4 4 4 4 4 0 1 2 3 4 . . . . . . . . . . . . . . . | | | | | TOTAL - 1 0 . 0 19.1 - 7 . 1 6.3 3.1 10.9 53.6 14.0 6.3 - 3 . 7. 3. - 3 . 4 6 8 2 0 8 5 6 5 -13.3 -36.0 6 .4 11.3 7.1 -13.3 -36 .0 6 .4 11.3 7.1 14.5 - 5 . 5 - 1 . 1 4 . 4 0.6 7.8 -4.2 1.7 2.4 2.9 7.8 - 4 . 2 1.7 2.4 2.9 - 1 8 . 9 - 2 0 . 7 -26 .6 6.1 10.5 -20.0 -29.5 -25.6 15.1 24.5 -20.0 -29.5 - 2 5 . 6 12.3 19.2 36.1 - 4 . 3 22.4 - 1 5 . 6 3.9 13.1 12.7 6.1 -11.2 5.7 12.0 17.9 5.6 -12.9 1.9 6.2 25.8 39.4 17.3 3 . 0 5.4 28.0 39.1 25.0 5.2 6. 32. 40. 26. 4. - 4 . -39. 9. 10. 1. 1 1 4 6 8 2 TOTAL 5 6 1 1 7 ..LIVESTOCK - 6 . 8. 8. - 0 . UNREALIZED 1 GOVERNMENT! | PAYMENTS | CROPS I 1 OTHER FARM INCOME 0 7 5 8 - 0 . 8 6.5 —0.6 - 5 . 8 ***** ***** ***** ***** * * * * * * * * - 0 . 3 18.6 37.3 27.5 6.8 12.6 23.7 39.8 23.6 9 . 0 ***** ***** ***** * * * * * -14 -33 8 9 2 . . . . . 1 6 2 5 8 13.8 3.8 - 1 . 3 7.6 2.4 -16. - 2 5 . - 2 8 . 3. 17. 1 9 4 4 2 YEAR RECEIPTS MARKETINGS 5.9 21.2 38.6 25.4 8.0 I 1 - 3 . 7. 3. -3. 1 1 1 5.9 21.2 38.6 25.4 8.0 1 1 1 1 1 1 1 CASH TOTAL G R O S S FARM INCOME CHANGE FROM P R E V I O U S ***** ***** *** *** *** *** 1 RENTAL vunounr i xuim j valuc u r 1 n u c i i i k./~r 1wnLLLinva -6.3 3.3 1.5 0.5 1.6 3.9 1.8 - 1 . 1 **** **** **** **** **** - 5 . 0 -21.9 128.4 —20.6 - 1 . 7 ***** ***** ***** ***** -2.9 16.1 44.7 16.9 9.2 4.8 7.8 11.3 11.9 14.4 45.1 -51.6 22.2 8.2 -19.4 ***** ***** ***** —1.8 -30.4 - 1 . 7 3.2 -3.7 14.2 - 7 . 9 —0 . 3 10.8 0.5 7.1 2.6 1.6 0.1 1.0 0.6 3.4 ***** ***** ***** ***** 2 . 4 - 1 2 . 1 5.1 - 3 . 3 3.5 ***** ***** ***** ***** ***** ***** ***** ***** - 2 9 66 -36 48 . . . . ***** ***** ***** ***** ***** ***** ***** ***** ***** 47.3 -10.1 -11.7 13.1 - 8 . 8 ***** ***** ***** ***** ***** ***** -14.2 16.4 -29.3 -17.9 -42.4 ***** ***** ***** ***** ***** - 9 . 4 —18 . 5 -21.5 3.7 9.2 - 5 . 3 -10.4 -14.3 —7 • 5 4.2 223.5 -52.6 132.9 -29.2 - 3 . 2 ***** ***** ***** ***** ***** 17.3 5.6 2.9 -13.9 —2.1 6.7 1.5 5.8 1.6 - 0 . 5 9.3 17.0 40.6 -16.3 -11.5 ***** ***** ***** ***** ***** 0.1 18.1 23.0 28.2 -3.2 0.4 3.1 7.0 7.1 8.6 -24. 6 - 3 4 . 3 —21.4 24.5 21.5 ***** ***** ***** ***** 24.2 14.5 4.2 - 8 . 4 0.3 - 1 . 22. 7. - 1 8 . 4 . 5 6 5 5 2 28.5 -51.5 20.9 32.7 71.1 ***** ***** ***** ***** ***** 8.3 32.1 39.2 27.1 -1.2 4 . 33. 41. 24. 13. 0 2 3 5 0 - 5 . 2 -24.8 19.5 -0.8 20.3 ***** ***** ***** ***** ***** 240.5 HOME INCOME ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** (NET CHANGE| IN | 1 1 INVENTORY1 NONMONEY 9 8 7 3 6 2 7 1 3 - 1 2 . - 3 8 . 4 . 13. 11. TOTAL AND -8.0 - 0 . 1 —0 . 6 TABLE 921.3 PERCENTAGE YEAR 1945.. 1946 . . 1947.. 1948.. 1949.. I I | I I . I . 1 .I .1 .1 1 1950...1 1951...1 1952...1 1953...1 1954...| 1 1955...1 1956...1 1957...| 1958...1 1959...1 1 1 9 6 0 . «• . 1 1961...I 1962...I 1963...! 1964...1 1 1965...I 1966...! 1967...1 1968...! 1969...! i 1970...1 1971...1 1972...I 1973...1 1974...1 I 1975...1 1976...I CASH TOTAL I J TOTAL. LIVESTOCK U N R E A L I Z E D AND I GOVERNMENT! I PAYMENTS I CROPS J ***** -18.4 4.0 - 6 . 4 53.0 ***** -3.8 -22.5 20.7 66.7 56.5 17.4 -4.3 -35.4 26.7 ***** ***** ***** ***** ***** -7.5 11.7 -3.6 -9.6 -10.9 -8.9 ***** ***** ***** ***** ***** -5.5 —6 . 4 1.4 -14.4 2.8 15.4 -0.9 -4.8 —3.5 2.4 15.4 -1.0 —4.7 -3.8 4. 21. -7. -7. -3. 5 8 0 2 8 -0.3 7.1 7.9 -1.5 -3.7 - 2 . 1 1.4 2.4 12.0 -2.7 -1.2 4.2 -0.6 12.5 -0.6 -1.1 3.1 -2.3 12.6 0.6 -1.9 2.5 6.2 10.7 -1.7 -0.2 6 3 4 4 5 1.8 4.8 4.3 2.6 1.0 1.8 2.7 3.7 2.8 -0.4 0.4 2.8 3.3 —0.6 -0.5 10.0 8.4 0.1 2 .6 8.8 6.0 11.6 -1.6 3.9 9.1 5.5 10.3 -1.4 3.2 9.0 9.7 14.3 —2.6 4.5 12.1 3.8 5.8 14.5 39.4 —0 . 6 4.3 3.4 16.2 37.5 3.8 4.9 4.6 15.8 42 .3 6.2 3.5 3.5 16.6 28.8 -10.0 1.8 1.6 -4.1 7.0 -4.7 7.1 4.0 7.8 4.2 6.9 -0.3 0.6 -18.2 1.1 -10.9 141.9 83.4 7.2 -37.4 2.9 112.7 17.0 -2.9 28.6 110.0 20.0 20.2 21.8 14.6 19.9 31.4 2.3 7.5 - 0 . 4 5.8 10.9 17.9 0.1 —6.0 1.4 4.9 12.4 9.6 15.2 7.5 16.3 7.6 7.3 -2.0 -2.9 5.3 7.0 6.2 14.6 61.2 24.2 -11.8 6.4 10.2 -28.0 7.6 15.6 - 1 . 4 -8.8 —0 . 8 2.6 8.0 -1.2 -5.4 3.5 (DWELLINGS 23.9 - 4 . 4 4.0 -59.3 . . . . . I RENTAL VALUE OF 13.0 3.9 5.1 14.1 18.9 15.3 3.6 | N E T CHANGE I HOME I | IN |CONSUMPTION! INVENTORY! ***** ***** ***** ***** 5.8 14.8 19.9 3.6 -10.0 -12.1 INCOME 8.9 34.5 -38.6 143.5 -53.6 5.5 14.5 19.4 2.0 —8 . 0 3.8 TOTAL NONMONEY ***** ***** ***** ***** ***** 5.1 14.1 17.0 1.8 -8.2 0.0 OTHER FARM L INCOME 5.6 16.5 9.5 12.6 -15.6 2 4 4 2 -2 YEAR RECEIPTS MARKETINGS TOTAL G R O S S FARM INCOME CHANGE FROM P R E V I O U S 12.9 33.0 18.0 -21.2 35.8 7.8 -20.4 11.0 - 1 . 4 6.1 1.0 -37.1 76.1 -22.9 24.0 -2.6 -11.1 5.3 4 9 2 6 22.6 21.6 41.8 -3.5 63.0 -48.1 52.0 - 9 . 0 24.7 10.5 -46.7 -15. 25. -34. -79. 3.4 128.8 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** -6.2 -6.5 -8.0 -10.5 -7.3 -9.3 11.1 4.0 9.8 8.0 1.7 -3.1 1.8 - 0 . 3. 4. 9. 4 1 1 1 3 5 2 4 3 3 0 5 5 5 . . . . . -2.9 1.6 -10.7 -2.3 1.7 4.8 5.7 3.3 7.3 1.6 ***** ***** ***** 2.7 -2.5 13.5 32.9 17.3 -0.9 6.9 7.7 ***** ***** -1.9 5.7 12.7 11.3 ***** ***** 12.6 19.8 115 116 TABLE 9 2 1 . 4 GROSS FARM INCOME PERCENTAGE OF TOTAL CASH R E C E I P T S YEAR TOTAL TOTAL _L I 1910...| 1911...| 1912...| 1913...| 1914...| I 1915...| 1916...| 1917...1 1918...| 1919...| I 1920...| 1921...| 1922...| 1923... | 1924...| I 1925...| 1926...| 1927...| 1928...| 1929...| I 1930...| 1931...| 1932...| 1933...| 1934... | 1 1 1 1 1 9 9 9 9 9 3 3 3 3 3 5 6 7 8 9 . . . . . . . . . . . . . . . | | | | | 1940...| 1941...| 1942...| 1943...| 1944...| 1 1 ! MARKETINGS TOTAL LIVESTOCK CROPS 1 GOVERNMENT! 1 PAYMENTS I 1 1 OTHER FARM INCOME TOTAL INCOME I N E T CHANGE| HOME ! RENTAL 1 IN (CONSUMPTION! VALUE OF 1 INVENTORY 1 t n u c i i TMr.c 100.0 100.0 100.0 100.0 100.0 75.2 80.7 72.9 81.5 74.2 75.2 80.7 72.9 81.5 74.2 37.1 38.7 35.3 41.3 38.6 38.1 42.0 37.6 40.2 35.6 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 24.8 19.3 27.1 18.5 25.8 2.8 -3.8 7.0 -3.5 5.1 16.5 16.8 14.6 16.0 15.1 5.6 6.3 5.5 6.0 5.6 100.0 100.0 100.0 100.0 100.0 76.2 83.2 75.1 82.7 84.0 76.2 83.2 75.1 82.7 84.0 37.3 39.9 35.6 39.8 40.0 38.9 43.4 39.5 42.8 43.9 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 23.8 16.8 24.9 17.3 16.0 3.9 —3.6 6.9 -0.9 -2.9 14.2 14.9 14.0 14.4 14.8 5.7 5.5 4.0 3.9 4.2 100.0 100.0 100.0 100.0 100.0 75.8 80.5 78.3 78.7 83.1 75.8 80.5 78.3 78.7 83.1 35.8 39.5 39.0 38.6 39.1 39.9 41.0 39.2 40.1 44.0 0.0 0.0 0.0 0.0 0.0 0 0 0 0 0 .0 .0 .0 .0 .0 24.2 19.5 21.7 21.3 16.9 - 4.1 5.6 0.9 0.4 3.9 15.1 17.4 15.7 14.6 13.9 5.0 7.7 7.0 7.0 6.9 100.0 100.0 100.0 100.0 100.0 78.3 79.3 81.6 80.0 81.9 78.3 79.3 81.6 80.0 81.9 38.9 42.7 42.6 43.9 44.7 39.4 36.6 38.9 36.1 37.1 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 21.7 20.7 18.4 20.0 18.1 2.6 0.1 -1.3 1.0 -0.9 13.0 14.1 13.1 12.5 12.4 6.2 6.5 6.7 6.4 6.6 100.0 100.0 100.0 100.0 100.0 80.8 71.9 72.9 79.0 89.1 80.8 71.9 72.9 77.1 83.2 46.3 43.2 42.2 41.2 43.7 34.5 28.6 30.6 36.0 39.6 0.0 0.0 0.0 1.9 5.8 0.0 0.0 0.0 0.0 0.0 19.2 28.1 27.1 21.0 10.9 —2.4 5.2 1.7 —2.8 -12.2 13.9 14.2 15.2 14.9 14.7 7.7 8.7 10.2 8.9 8.4 100.0 100.0 100.0 100.0 100.0 74.0 87.1 75.5 79.5 80.9 68.5 84.3 72.8 75.1 73.7 39.9 47.7 40.5 44.0 42.5 28.6 36.7 32.2 31.1 31.2 5.5 2.8 2.8 4.3 7.1 0.0 0.0 0.0 0.0 0.0 26.0 12.9 24.5 20.5 19.1 6.7 -8.1 6.7 1.3 0.9 12.7 14.0 11.8 12.0 11.3 6.6 7.0 6.0 7.2 6.9 100.0 100.0 100.0 100.0 100.0 80.3 81.7 81.5 86.8 88.7 73.9 77.9 78.2 84.0 85.4 43.3 45.5 45.4 49.2 47.2 30.6 32.4 32.8 34.8 38.2 6.4 3.8 3.3 2.8 3.2 0.0 0.0 0.0 0.0 0.0 19.7 18.3 18.5 13.2 11.3 2.5 2.9 5.5 -0.2 -1.7 10.7 10.0 8.8 9.7 9.1 6.6 5.4 4.1 3.8 4.0 I I L_ UNREALIZED AND NONMONEY TABLE 921.4 GROSS FARM INCOME PERCENTAGE OF TOTAL 1 1 | | YEAR TOTAL TOTAL | 1 1945...| 1946...1 1947...I 1948...| 1949...| 965...1 966...| 967...j 968...1 969...| 1 1 1 1 1 9 9 9 9 9 0 1 2 3 4 . . . . . . . . . . .| .| .| .| .| 4.1 4.4 4.5 4.1 4 .6 13.1 13.3 12.9 9.1 11.7 2.5 3.1 2.4 -1.8 1.4 6.2 6.0 5.9 5.8 5.2 4.4 4.2 4.6 5.1 5 .0 | I I | 1 j 10.9 8.4 11.2 10.8 8.8 0.6 -1.3 1.8 2.1 0.0 5.0 4.7 4.3 3.9 3.4 5.2 5.1 5.1 4.8 5.4 6 6 6 7 8 | I I | I j 9.5 9.0 9.1 9.0 5.8 1.0 0.8 1.5 1.5 -1.9 3.1 2 .7 2.3 2.1 2 .0 5.4 5.4 5.3 5.4 5.8 5.3 6.5 6.1 6.7 6.7 0.8 0.8 1.0 1.0 1.0 I | I I ( | 9.3 6.6 8.2 7.1 6.9 2.2 -0.2 1.3 0.2 0.2 1.7 1 .6 1.5 1.4 1 .3 5.3 5 .1 5.4 5.5 5.4 35.8 35.9 36.0 41.6 52.0 6.3 5.1 5.6 2.6 0.5 0.9 1.0 0.9 0.8 1.0 | 1 | | 1 | 6 .4 8.6 7.3 8.5 4.4 0.0 2.3 1.2 3.4 —1.6 1.3 1.2 1.2 1.1 1 .3 5.2 5 .2 4.9 4.0 4.8 45.0 47.1 0.8 0.7 1.2 1.3 | I 1 10.0 5.2 3.4 -1.9 1.3 1.3 5.3 5.8 100.0 100.0 100.0 100.0 100.0 86.9 86.7 87.1 90.9 88.3 86.0 85.8 86.2 90.0 87.3 48.7 51.2 48.3 49.1 47.6 3 3 3 4 3 7.3 4.6 7.9 0.9 9.7 0.9 0.7 0.7 0.6 0.8 0.1 0.1 0.2 0.2 0.3 100.0 100.0 100.0 100.0 100.0 89.1 91.6 88.8 89.2 91.2 88.1 89.5 85.4 85.9 88.8 47.7 48.2 49.9 49.4 49.9 40.4 41.3 35.5 36.5 38.9 0.7 1.6 2.9 2.8 1.8 0.4 0.4 0.5 0.6 0.6 100.0 100.0 100.0 100.0 100.0 90.5 91.0 90.9 91.0 94.2 88.1 86.7 86.1 86.4 88.2 48.8 48.1 47.6 46.2 47.2 39.2 38.6 38.5 40.2 41.1 1.8 3.7 4.1 3.9 5.2 0 0 0 0 0 100.0 100.0 100.0 100.0 100.0 90.7 93.4 91.8 92.9 93.1 84.6 86.1 84.8 85.2 85.4 47.0 49.6 48.3 49.2 50.7 37.5 36.5 36.5 36.1 34.8 100.0 100.0 100.0 100.0 100.0 93.6 91.4 92.7 91.5 95.6 86.3 85.3 86.2 88.0 94.0 50.5 49.3 50.3 46.4 42.1 100.0 100.0 90.0 94.8 88.0 92.7 43.0 45.6 1 RENTAL HOME ( N E T CHANGE| | IN | C O N S U M P T I O N ! VALUE OF 1 DWELLINGS. 1 INVENT0RY1 9.3 9.0 8 .5 7 .5 7 .2 0 0 0 0 0 1 TOTAL -1.7 0.1 -5 .4 4.8 -2.8 2.9 2.6 1.0 0.7 0.6 1 1975...| 1976...| 1 1 1 1 I I I 1 I 1 I I I | 1 | INCOME 11.7 13.5 7.6 16.4 9.0 38.1 37.3 40.4 35.9 40.3 1 7 7 7 7 7 CROPS 47.3 46.6 51.0 47.0 50.1 1 1 1 1 1 1 LIVESTOCK 85.4 83.9 91.5 82.9 90.4 1 1960...| 1961...1 1962...I 1963...| 1964...I TOTAL OTHER |GOVERNMENT| FARM I PAYMENTS I 1 1 .. INCOME 88.3 86.5 92.4 83.6 91.0 1 1955...| 1956...I 1957...I 1958...I 1959...| MARKETINGS 100.0 100.0 100.0 100.0 100.0 1 1950...I 1951...| 1952...| 1953...| 1954...| I 1 1 U N R E A L I Z E D AND NONMONEY 1 CASH R E C E I P T S . . . . . . . . . . 0 0 0 0 0 117 TABLE 118 931.1 FARM PRODUCTION E X P E N S E S AMOUNTS I N M I L L I O N S OF DOLLARS 1 1 | 1 1 1 1 YEAR 1 1 1 1 1 9 9 9 9 9 1 1 1 1 1 0 1 2 3 4 . . . . . . . . . . . . . . . | | | | | 1 1 1 1 1 9 9 9 9 9 1 1 1 1 1 5 6 7 8 9 . . . . . . . . . . . . . . . | | | | | 19 19 19 19 19 2 2 2 2 2 0 1 2 3 4 . . . . . . . . . . . . . . . | | | | | 1 1 1 1 1 9 9 9 9 9 2 2 2 2 2 5 6 7 8 9 . . . . . . . . . . . . . . . | | | | | 1 1 1 1 1 9 9 9 9 9 3 3 3 3 3 0 1 2 3 4 . . . . . . . . . . . . . . . | | | | | 1 1 1 1 1 9 9 9 9 9 3 3 3 3 3 5 6 7 8 9 . . . . . . . . . . . . . . . | | | | | 1940 1941 1942 1943 1944 . . . . . . . . . . . . . . . | | | | | j j j j | j CURRENT OPERATING TOTAL TOTAL EXPENSES ITEMS WITH FARM O R I G I N (LIVESTOCK, FEED. SEED) ITEMS WITH NONFARM ORIGIN HIRED LABOR OTHER PRODUCTION I N T E R E S T ON NON-REALESTATE DEBT TOTAL — EXPENSES CAPITAL CONSUMPTION ALLOWANCES PROPERTY TAXES — INTEREST ON MORTGAGE RENT DEBT 3531. 3581. 3833. 3973. 4029. 2397. 2367. 2544. 2619. 2635. 681. 603. 710. 718. 691. 754. 794. 824. 856. 896. 755. 758. 789. 804. 804. 207. 212. 221. 241. 244. 1134. 1214. 1289. 1354. 1394. 416. 443. 469. 481. 482. 195. 215. 225. 257. 261. 203. 225. 252. 276. 296. 320. 331. 343. 340. 355. 4167. 4836. 6092. 7507. 8331. 2642. 3060. 3836. 4968. 5433. 680. 853. 1150. 1760. 1802. 898. 1032. 1244. 1521. 1706. 815. 904. 1127. 1337. 1515. 249. 271. 315. 350. 410. 1525. 1776. 2256. 2539. 2898. 524. 597. 714. 902. 1040. 284. 304. 339. 361. 454. 314. 341. 378. 417. 476. 403. 534. 825. 859. 928. 8837. 6638. 6614. 7054. 7447. 5992. 4056. 4049. 4412. 4745. 1854. 1035. 1104. 1234. 1549. 1821. 1353. 1356. 1506. 1543. 1790. 1170. 1127. 1251. 1248. 527. 498. 462. 421. 405. 2845. 2582. 2565. 2642. 2702. 1211. 1039. 934. 943. 952. 556. 586. 583. 590. 583. 574. 653. 504. 304. 368. 430. 520. 7347. 7372. 7462. 7757. 7664. 4804. 4864 . 4839. 5135. 5029. 1506. 1429. 1497. 1699. 1545. 1642. 1726. 1683. 1794. 1835. 1267. 1330. 1302. 1290. 1300. 389. 379. 357. 352. 349. 2543. 2508. 2623. 2622. 2635. 890. 900. 916. 6944. 5537. 4483. 4358. 4715. 4450. 3403. 2658. 2646. 2955. 1277. 818. 620. 686. 829. 1680. 1385. 1128. 1148. 1276. 1177. 914. 669. 617. 679. 316. 2494. 2134. 1825. 1712. 1760. 5116. 5642. 6178. 5920. 6266. 3275. 3727. 4209. 4001. 4345. 948. 1185. 1331. 1131. 1366. 1414. 1538. 1752. 1735. 1811. 775. 868. 988. 979. 988. 138. 136. 138. 156. 6858. 7781. 10040. 11608. 12333. 4869. 5517. 7077. 8472. 9136. 1712. 1927. 2803. 3449. 3679. 1942. 2125. 2433. 2801. 3078. 1029. 1249. 1631. 2027. 2202. 186. 216. 210. 1 286. 241. 195. 171. 180. 195. 177. 872. 589. 599. 680. 679. 647. 612. 636. 651. 598. 593. 590. 582. 470. 425. 520. 496. 486. 955. 856. 734. 644. 650. 648. 589. 510. 438. 424. 570. 553. 526. 472. 430. 321. 136. 55. 158. 256. 1841. 1915. 1969. 1919. 1921. 664 . 728. 796. 833. 781. 434. 440. 452. 448. 456. 396. 364. 341. 320. 305. 347. 383. 380. 318. 379. 1989. 2264. 2963. 3136. 3197. 797. 870. 1335. 1369. 1425. 451. 463. 466. 477. 499. 293. 284. 272. 246. 230. 448. 647. 890. 1044. 1043. 886. 620. TABLE 9 3 1 . 1 FARM PRODUCTION E X P E N S E S AMOUNTS I N M I L L I O N S OF DOLLARS CURRENT OPERATING 1 YEAR I | 1 1 1 1 1945...I 1946...| 1947...I 1948...I 1949...| TOTAL TOTAL 950...I 951...| 952...| 953...I 954...| 1 I960...I 1961...I 1962...I 1963...1 1964... I 1 1965...I 1966...I 1967...| 1968...I 1969...| 1 1970...| 1971...| 1972...I 1973...| 1974...I 1 1975...| 1976...| 1 HIRED LABOR INTEREST 0 N | NON-REAL- | ESTATE | DEBT 1 1 OTHER PRODUCTION TOTAL CAPITAL CONSUMPTION ALLOWANCES EXPENSES PROPERTY TAXES INTEREST ON MORTGAGE RENT DEBT | | | | | | 3152. 3426. 3966. 4410. 4587. 1310. 1189. 1553. 2002. 2365. 557. 617. 733. 806. 872. 221. 219. 225. 232. 243. 1064. 1401. 1455. 1370. 1107. 334. 401. 452. 432. 420. 1 | | I | I 5081. 5789. 6098. 6073. 6195. 2665. 3147. 3326. 3454. 3581. 919. 983. 1033. 1060. 1084. 264. 291. 318. 345. 371. 1233. 1368. 1421. 1214. 1159. 2615. 2641. 2734. 2842. 2906. 442. 469. 499. 565. 650. | I | I I i 6300. 6452. 6666 . 6999. 7329. 3700. 3723. 3913. 4011. 4251. 1141. 1178. 1242. 1306. 1429. 402. 442. 482. 521. 572. 1057. 1109. 1029. 1161. 1077. 8400. 8591. 8882. 9156. 9471. 3062. 3192. 3299. 3400. 3483. 719. 741. 809. 905. 958. | I 1 | | | 7618. 8029. 8433. 8902. 9308. 4337. 4388. 4530. 4696. 4903. 1529. 1609. 1677. 1737. 1798. 628. 686. 759. 846. 952. 1124. 1346. 1467. 1623. 1655. 9306. 10705. 10891. 10864. 12196. 9766. 10371. 11186. 11454. 11617. 3604. 3683. 3723. 3920. 4152. 1028. 1142. 1271. 1318. 1434. | | | | | | 9946. 10607. 11110. 11969. 12716. 5111. 5384. 5781. 6200. 6574. 1874. 2002. 2122. 2298. 2456. 1075. 1198. 1325. 1472. 1625. 1686. 2023. 1882. 1999. 2061. 31172. 33162 . 35990. 45557. 50407. 13279. 14244. 16180. 22906. 21726. 11926. 12905. 13449. 15208. 19916. 4349. 4367. 4594. 5232. 6036. 1618. 1646. 1767. 2211. 2729. | | | I | j 13252. 14205. 16325. 20005. 21803. 6760. 7350. 7887. 8945. 10563. 2596. 2704. 2815. 2886. 3096. 1764. 1905. 2132. 2495. 3044. 2132. 2246. 3491. 5679. 5100. 51677. 56155. 19848. 22054. 22510. 23809. 6358. 6959. 2961. 3333. I | 1 24181. 25580. 12640. 13900. 3333. 3543. 3608. 4037. 4600. 4100. 9910. 11074. 13066. 14380. 13395. 4184. 4620. 5639. 6166. 5096. 3258. 3739. 4430. 4965. 5197. 2299. 2532. 2783. 2990. 2806. 169. 183. 214. 259. 296. 19455. 22348. 22790. 21467. 21808. 14374. 16559. 16692. 15394. 15613. 5805. 7132. 6843 . 5641. 5994. 5424. 6105. 6540. 6585. 6603. 2811. 2921. 2857. 2736. 2 596. 22171. 22705. 23703. 25790. 27177. 15871. 16253. 17037. 18791. 19848. 5985. 6023. 6479. 7751. 7928. 6829. 7120. 7325. 7633. 8364. 27376. 28590. 30279. 31598. 31812. 19758. 20561. 21846. 22696. 22504. 7577. 8037. 8856. 9235. 8592. 33650. 36508. 38181. 39525. 42115. 23704. 25901 . 27071 . 27556. 29399. 44424. 47367. 52315. 65562. 72210. 75858. 81735. 1 1955...| 1956...I 1957...| 1958...I 1959...| ITEMS WITH NONFARM ORIGIN 13062. 14500. 17032. 18790. 17982. 1 1 1 1 1 1 ITEMS WITH FARM O R I G I N (LIVESTOCK, FEED. SEED) 1 I EXPENSES • R E N T " I S NET RENT P L U S GOVERNMENT PAYMENTS TO NONOPERATOR LANDLORDS (NONFARM LANDLORDS FROM 1 9 1 0 THROUGH 1 9 5 6 ) . THE US DA S E R I E S CALLED "NET RENT" I S GROSS CASH AND SHARE RENT L E S S LANDLORDS' I N T E R E S T , T A X E S , C A P I T A L CONSUMPTION ALLOWANCES, AND FARM OPERATING EXPENSES. THE USDA INCLUDES THESE LANDLORD E X P E N S E S I N THE R E S P E C T I V E S E R I E S SHOWN IN T H I S T A B L E . 119 120 TABLE 9 3 1 . 2 CHANGE 1 1 | 1 1 1 1 YEAR 1 1 1 1 911...| 912...| 913...| 914...1 1915... 1916... 1917... 1918... 1919..o CURRENT O P E R A T I N G TOTAL TOTAL ITEMS WITH NONFARM ORIGIN EXPENSES HIRED LABOR 1 1 INTEREST 0 N | NON-REAL- | ESTATE | DFBT 1 RENT 11. 12. -3. 15. 5. 22. 44. 35. 60. 131. 251. 480. 283. 359. 42. 73. 117. 188. 138. 23. 20. 35. 22. 93. 18. 27. 37. 39. 59. 48. 131. 291. 34. 69. 275. -620. -43. 124. -3. 117. -29. -36. -41. -16. | | | | | —53 • -263. -17. 77. 60. 171. -172. -105. 9. 9. 102. 30. -3. 7. -7. 98. 79. 27. -1. -32. -424. -200. 64. 62. 90. 99. 84. -43 . 111. 41. 19. 63. -28. -12. 10. -16. -10. -22. -5. -3. | I | | I -159. -35. 115. -1. 13. -80 • 14. 4. 10. 16. 6. 10. 21. 16. 15. —268. -459. -198. 66. 143. -155. -295. -257. 20. 128. -123. -263. -245. -52. 62. -33. -30. -45. -46. -24. | | | | | -141. —360. -309. -113. 48. 39. -99. -122. -90. 6. -3. -59. -79. -72. -14. - 1 1 2 5 4 2 7 7 4 2 . . . . . -165. -185. -81. 103. 98. 320. 452. 482. -208. 344. 119. 237. 146. -200. 235. 138. 124. 214. -17. 76. 96. 93. 120. -9. 9. -33. -2. 2. 18. 24. 81. 74. 54. -50. 2. 14. 64 * 68. 37. -52. 10. 6 . 12. -4. 8. - 3 3 2 2 1 4 2 3 1 5 . . . . . 91. 36. -3. -62 . 61. 524. 648. 1560. 1395. 664 . 346. 215. 876. 646 . 230. 131. 183. 308. 368. 277. 41. 220. 382. 396. 175. 6. 30. —6. -15. -18. | | | | | 1 | | j | | 1 68. 275. 699. 173. 61. 16. 73. 465. 34. 56. —5. 12. 3. 11. 22. -12. -9. -12. -26. —16. 69. 199. 243. 154. -1. 5. 9. 20. 3. 138. 669. 1256. 1415. 824. 7. 418. 776. 1132. 465. -11. 173. 297. 610. 42. 2. 134. 212. 277. 185. 11. 89. 223. 210. 178. 506. -2199. -24. 440. 393. 559. -1936. -7. 363. 333. 52. -819. 69. 130. 315. 115. -468. 3. 150. 37. -100. 25. 90. 295. -93. 59. 60. -25. 296. -106 . -43. -77. 68. 202. -154. -720. -1407. -1054. -125. 357. -579. -1047. -745. -12. 309. 401. 526. 536. -258. 346. 592. 923. 2259. 1568. 725. INTEREST ON MORTGAGE DEBT 22. 27. 24. 20. 3. 31. 15. 0. • PROPERTY TAXES 20. 10. 32. 4. 40. 30. 32. 40. | j CAPITAL CONSUMPTION ALLOWANCES 27. 26. 12. 1. -78. 107. 8. -27. | TOTAL EXPENSES 80. 75. 65. 40. -30. 177. 75. 16. | | | OTHER PRODUCTION 1 | | | | 1 I | | | | 50. 252. 140. 56. | 1920...| 1921... 1 1922...| 1923...| 1924...1 j 1925... | 1926... | 1927... | 1928...| 1929...| j 1930... | 1931... | 1932... | 1933...| 1934... | j 1935... | 1936... | 1937... | 1938... | 1939... | j 1940...| 1941... | 1942... | 1943... | 1944...I 1 ITEMS WITH FARM O R I G I N (LIVESTOCK, FEED. SEED) FARM PRODUCTION E X P E N S E S FROM P R E V I O U S YEAR I N M I L L I O N S OF DOLLARS -35. —14. -5. -3. -8. -50. -45. 95. -24. -10. TABLE 931.2 CHANGE CURRENT O P E R A T I N G 1 YEAR 1 1 1 i TOTAL TOTAL 1 1 1 1 1 1 9 9 9 9 9 4 4 4 4 4 5 6 7 8 9 ..I .. I ..1 ..1 ..1 1 1950...1 1951...1 1952...1 1953...1 1954...1 1 1955...1 1956. .. 1 1957...1 1958... 1 1959...1 1 1960...1 1961...1 1962...1 1963...1 1964...1 1 1965...1 1966...1 1967...1 1968...1 1969...I 1 1970...1 1971...I 1972...1 1973...1 1974...I 1 1975...1 1976...1 1 I T E M S WITH FARM O R I G I N (LIVESTOCK, FFFD. SEED) ITEMS WITH NONFARM ORIGIN FARM P R O D U C T I O N E X P E N S E S FROM P R E V I O U S YEAR I N M I L L I O N S O F DOLLARS OTHER EXPENSES INTEREST 0 N | NON-REAL- ( ESTATE | DEBT 1 HIRED LABOR TOTAL PRODUCTION CAPITAL CONSUMPTION ALLOWANCES EXPENSES PROPERTY TAXES INTEREST ON MORTGAGE RENT DEBT 729. 1438. 2532. 1758. -808. 774. 1164. 1992. 1314. -985. 505. 436. 1019. 527. -1070. 180. 481. 691. 535. 232. 97. 233. 251. 207. -184. —8. 14. 31. 45. 37. I | 1 I I —45 . 274. 540. 444. 177. -115. -121. 364. 449. 363. 58. 60. 116. 73. 66. -9. -2. 6. 7. 11. 21. 337. 54. —85 . —263 . 1473. 2893. 442. -1323. 341. 979. 2185. 133. -1298. 219. 709. 1327. -2 89. -1202. 353. 227. 681. 435. 45. 18. 5. 110. -64. -121. -140. 38. 67. 51. -20. -12. 1 | I I I 494. 708. 309. -25. 122. 300. 482. 179. 128. 127. 47. 64. 50. 27. 24. 21. 27. 27. 27. 26. 126. 135. 53. -207. -55. 363. 534. 998. 2087. 1387. 258. 382. 784. 1754. 1057. -9. 38. 456. 1272. 177. 226. 291. 205. 308. 731. 19. 26. 93. 108. 64. 22. 27. 30. 66. 85. I I 1 1 1 105. 152. 214. 333. 330. 119. 23. 190. 98. 240. 57. 37. 64. 64. 123. 31. 40. 40. 39. 51. -102. 52. -80. 132. -84. 199. 1214. 1689. 1319. 214. -90. 803. 1285. 850. -192. -351. 460. 819. 379. -643. 36. 191. 291. 274. 315. 156. 130. 107. 101. 83. 69. 22. 68. 96. 53. | 1 I | 1 289. 411. 404. 469. 406. 86. 51. 142. 166. 207. 100. 80. 68. 60. 61. 56. 58. 73. 87. 106. 47. 222. 121. 156. 32. 1838. 2858. 1673. 1344. 2590. 1200. 2197. 1170. 485. 1843. 714. 1399. 186. -27. 1332. 295. 605. 815. 268. 163. 121. 79. 40. 197. 232. 70. 114. 129. 47. 116. I | | 1 I 638. 661. 503. 859. 747. 208. 273. 397. 419. 374. 76. 128. 120. 176. 158. 123. 123. 127. 147. 153. 231. 137. -141. 117. 62. 2309. 2943. 4948. 13247. 6648. 1773. 1990. 2828. 9567. 4850. 1083. 965. 1936. 67 2 6 . -1180. 309. 979. 544. 1759. 4708. 197. 18. 227. 638. 804. 184. 28. 121. 444. 518. 1 1 1 1 1 536. 953. 2120. 3680. 1798. 186. 590. 537. 1058. 1618. 140. 108. 111. 71. 210. 139. 141. 227. 363. 549. 71. 114. 1245. 2188. -579. 3648. #877. 1270. 4478. -1878. 2206. 2594. 1299. 322. 601. 232. 372. 1 1 L 2378. 1399. 2077. 1260. 237. 210. 564. 429. —500 * —500 . . . . . . * 121 TABLE 122 931.3 FARM PRODUCTION E X P E N S E S PERCENTAGE CHANGE FROM P R E V I O U S YEAR I I | I YEAR CURRENT OPERATING TOTAL TOTAL JL 1 1 1 1 9 9 9 9 1 1 1 1 1 2 3 4 . . . . . . . . FEEPt SEEPL .| .| .| .| 1915...| 1916...| 1917...| 1918...| 1919...| I 1920...| 1921...| 1922...| 1923...| 1924...| I 1925...| 1926...| 1927...| 1928...| 1929...| I 1930... | 1931...| 1932...| 1933... | 1934...| I 1935... | 1936...| 1937... | 1938... | 1939...| I 1940...| 1941...| 1942...| 1943...| 1944...I ITEMS WITH FARM O R I G I N (LIVESTOCK, 0.6 -3.8 3.4 0.3 15.8 25.4 29.5 9.4 -1 .6 25.4 34.8 53.0 2.4 10.3 -32.3 -0.2 2.9 -44.2 6.7 6.7 -25.7 9.0 7.5 0.2 -34.6 -3.7 25.5 2.5 -0.2 6.4 5.1 -2.5 1.5 5.0 —4.0 -2.1 —5.8 -1.4 -0.9 11.0 6.1 -24 -0 6 5 .9 .4 .7 .6 -1.3 0.3 1.2 4.0 1.2 1.2 -0.5 6.1 -11.5 17.7 1.1 11.8 - 2 .8 -5.1 4.8 13.5 -9.1 -1.2 -2.1 -9.4 -20.3 -19.0 -11.5 -23.5 -21.9 -0.5 11.7 -17.3 -35.9 -24.2 10.8 14.4 25.0 12.3 -15.0 -2.8 8.2 8.5 10.3 9.5 -4.2 5.8 9.4 13.5 29.0 15.6 6.2 13.8 12.9 -4.9 8.6 10.6 20.8 20.8 12.1 25.3 13.3 28.3 19.7 7.8 45.5 23.0 6.7 12.6 5.3 3.8 3.9 4.7 0.2 14.9 20.5 22.3 12.2 11.1 6.6 0.4 4.1 1.9 0.0 1.4 10.9 24.7 18.6 13.3 18.2 11.0 -0.9 2.3 0.8 -8.4 -17.6 -9.5 -22.3 -18.6 1.8 11.1 10.8 8.8 13.9 -26.8 -7.8 10.0 14.1 12.0 4.4 13.8 -0.9 0.9 7.2 9.4 14.5 15.1 9.9 4.1 21.4 30.6 24.3 8.6 -1.0 TOTAL DEBT -1.3 7.5 2.9 23.2 ORIGIN HIRED LABOR OTHER PRODUCTION I N T E R E S T ON NON-REALESTATE 1.4 7.0 3.7 1.4 16.1 26.0 L_ ITEMS WITH NONFARM EXPENSES 2.4 4.2 9.0 1.2 2.0 8.8 16.2 11.1 17.1 28.5 -5.5 -7.2 -8.9 -3.8 —2.6 -9 -9 -15 -19 -12 . . . . . CAPITAL CONSUMPTION ALLOWANCES PROPERTY TAXES 6.2 6.5 5.9 5.0 3.0 2.6 0.2 9.4 16.5 27.0 12.5 14.1 8.7 13.9 19.6 26.3 15.3 -1.8 16.4 -14.2 -9.2 -0.7 3.0 2.3 -10.1 10.3 4.7 14.2 10.8 12.0 8.8 6.1 8.6 1.6 7.0 11.5 6.5 25.8 22.5 5.4 -0.5 10.9 10.3 14.1 20.6 13.8 4.1 RENT -5.4 -2.3 -9.6 —9.6 22.4 -4.6 0.5 1.7 3.5 -0.8 0.5 1.8 2.4 -0.5 -1.4 4.3 -10.4 -14.3 -12.3 0.9 -0.5 -9.1 -13.4 -14.1 -3.2 -3.0 -4.9 -10.3 -8.9 2.6 4.6 4.0 2.8 -2.5 0.1 —6.2 3.3 3.5 13.8 30.9 5.8 1.9 2.0 -1.1 9.2 53.4 2.5 4.1 2.7 -6.2 2.8 2.2 9.6 9.3 4.6 2.4 1.4 2.7 -0.9 1.8 0.6 2.4 4.6 -45.7 -39.7 20.9 1.0 1.1 8.0 -4.7 -8.4 -0.0 13.5 32.5 54.5 4.1 21.1 16.8 -5.9 -1.4 4.6 1.6 3.4 3.6 -0.9 4.4 -0.1 -1.2 1.2 -19.3 -1.4 1.5 13.0 15.4 -7.1 -9.2 9.5 7.2 1.0 1.0 -5.4 -14.4 -14.5 -2.8 INTEREST ON MORTGAGE DEBT 7.1 5 5 7 1 3 16.1 EXPENSES -2.1 -7.9 -8.1 —6 . 3 -6.2 -4.7 -3.9 -3.1 -4.2 -9.6 -6.5 -2.0 -34.0 —57 . 6 -59.6 187.3 62.0 35.5 10.4 -0.8 -16.3 19.2 18.2 44.4 37.6 17.3 -0.1 TABLE 9 3 1 . 3 FARM PRODUCTION E X P E N S E S PERCENTAGE CHANGE FROM P R E V I O U S YEAR 1 1 YEAR I | | | 1 1945...I 1946...1 1947...1 1948...I 1949...| 1 1950...1 1951...I 1952...I 1953...1 1954...I 1 1955...1 1956...1 1957...I 1958...j 1959...1 TOTAL TOTAL ITEMS WITH NONFARM ORIGIN HIRED LABOR ITEMS WITH FARM ORIGIN (LIVESTOCK, FEED. SEED) OTHER PRODUCTION INTEREST 0 N | NON-REAL- I ESTATE I DEBT 1 INTEREST ON MORTGAGE RENT DEBT . -3.9 -0.9 2 .7 3.1 4.7 2.0 31.7 3.9 —5 . 8 —19 . 2 10.8 13.9 5.3 -0.4 2.0 12.7 18.1 5.7 3.8 3.7 5.4 7.0 5.1 2.6 2.3 8.6 10.2 9.3 8.5 7.5 11.4 10.9 3.9 -14.6 - 4 .5 | I 1 1.7 2.4 3.3 5.0 4.7 3.3 0.6 5.1 2.5 6.0 5.3 3.2 5.4 5.2 9.4 8.4 10.0 9.0 8.1 9.8 —8.8 4.9 —7 . 2 12.8 -7.2 10.6 3.1 9.2 11.9 5.9 | 1 1 I | 3.9 5.4 5.0 5.6 4.6 2.0 1.2 3.2 3.7 4.4 7.0 5.2 4.2 3.6 3.5 9.8 9.2 10.6 11.5 12.5 4.4 19.8 9.0 10.6 2 .0 3.5 2.2 1.1 5.3 5.9 7.3 11.1 11.3 3.7 8.8 I 6 6 4 7 6 9 6 7 7 2 4.2 5.3 7.4 7.2 6.0 4.2 6.8 6.0 8.3 6.9 12.9 11 . 4 10.6 11 . 1 10.4 14.0 7 .3 -7.0 6.2 3.1 2.7 8.2 4.2 13.1 31.0 4.7 0.4 5.2 13.9 15.4 12.8 1.7 7.4 25.1 23.4 1 4.2 7.2 14.9 22.5 9.0 2.8 8.7 7.3 13.4 18.1 5.7 4.2 4.1 2.5 7.3 8.6 8.0 11.9 17.0 22.0 3.4 5.3 55.4 62.7 -10.2 13.0 5.8 5.3 9.5 8.5 12.6 10.9 5.8 19.7 10.0 7.7 6.3 18.5 11.9 -9.8 -10.9 4.4 10.1 9.9 7.4 -6.2 —4.5 8.3 16.9 21.0 14.3 I 8.2 14.9 2.0 -5.8 1 .6 7.3 15.2 0.8 -7.8 1.4 13.9 22.9 -4.1 -17.6 6.3 4.4 12.6 7.1 0.7 0.3 0.2 3.9 -2.2 -4.2 -5.1 12.8 20.1 12.7 -4.4 -2.8 1 1 1.7 2.4 4.4 8.8 5.4 1.7 2.4 4.8 10.3 5.6 -0.2 0.6 7.6 19.6 2.3 3.4 4.3 2.9 4.2 9.6 0.7 1.0 3.5 4.0 2.3 5.2 6.1 6.4 13.2 15.0 0.7 4.4 5.9 4.4 0.7 -0.5 4.1 6.2 3.9 -0.8 -4.4 6.1 10.2 4.3 -7.0 0.4 2.3 3.4 3.1 3.4 5.4 4.2 3.4 3.1 2.4 5 .8 8.5 4.6 3.5 6.6 5.3 9.3 4.5 1.8 6.7 8.3 15.0 1.7 -0.2 12.3 3.1 6.2 7.9 2.4 1.4 5.5 6.6 10.4 25.3 10.1 6.0 6.4 8.5 26.6 10.6 8.9 7.3 13.6 41.6 -5.2 5.1 7.7 2.5 8.7 -8.6 11.1 PROPERTY TAXES 11.6 10.8 18.8 10.0 8.2 5.8 14.8 18.5 12.1 4.7 1 CAPITAL CONSUMPTION ALLOWANCES -8.1 -9.2 30.6 28.9 18.1 13.7 10.4 22.1 9.3 -17.4 1 TOTAL EXPENSES -1.4 8.7 15.8 11.2 4.0 8.5 11.7 18.0 10.1 —6.8 1 1975...I 1976...1 EXPENSES 5.9 11.0 17.5 10.3 -4.3 I960...I 1961...I 1962...1 1963...1 1964...| 1 1965...I 1966...I 1967...I 1966...1 1969...I 1 1970...1 1971...1 1972...| 1973...1 1974...1 CURRENT OPERATING | I I I 1 | | 1 1 1 1 I 1 1 | I I I 1 . . . . . . 123 TABLE 124 931.4 FARM PRODUCTION E X P E N S E S PERCENTAGE OF TOTAL 1 1 | 1 1 YEAR CURRENT OPERATING TOTAL TOTAL . 1 1 1 1 1 1 9 9 9 9 9 1 1 1 1 1 0 1 2 3 4 . . . . . . . . . . . . . . . | | | | | ITEMS WITH FARM O R I G I N (LIVESTOCK, FEED, SEED) 9 9 9 9 9 2 2 2 2 2 0 1 2 3 4 ...| ...| ...| ...| ...| 192 192 192 192 192 5 6 7 8 9 . . . . . . . . . . | | | | | I 1930...| 1931...| 1932...| 1933...| 1934...| | 1935...| 1936...| 1937...| 1938...| 1939...| | 1940...| 1941...| 1942...| 1943...| 1944...| 17.2 18.0 17.4 16.6 17.0 5.3 5.1 4.8 4.5 4.6 24.2 25.0 25.2 26.3 27.1 16.9 16.5 14.9 14.2 14.4 27.6 27.3 28.4 29.3 28.9 15.1 15.4 16.0 16.5 15.8 19.3 16.8 18.5 18.1 17.2 21.4 22.2 21.5 21.5 22.2 21.4 21.2 20.6 20.2 20.0 5.9 5.9 5.8 6.1 6.1 100.0 100.0 100.0 100.0 100.0 63.4 63.3 63.0 66.2 65.2 16.3 17.6 18.9 23.4 21.6 21.6 21.3 20.4 20.3 20.5 19.6 18.7 18.5 17.8 18.2 6.0 5.6 5.2 4.7 4.9 100.0 100.0 100.0 100.0 100.0 67.8 61.1 61.2 62.5 63.7 21.0 15.6 16.7 17.5 20.8 20.6 20.4 20.5 21.3 20.7 20.3 17.6 17.0 17.7 16.8 100.0 100.0 100.0 100.0 100.0 65.4 66.0 64.8 66.2 65.6 20.5 19.4 20.1 21.9 20.2 22.3 23.4 22.6 23.1 23.9 100.0 100.0 100.0 100.0 100.0 64.1 61.5 59.3 60.7 62.7 18.4 14.8 13.8 15.7 17.6 100.0 100.0 100.0 100.0 100.0 64.0 66.1 68.1 67.6 69.3 18.5 21.0 21.5 19.1 21.8 | . . . . . 6.0 7.5 7.0 6.0 5.4 1 | | | | | 1 1 | | | 1 1 | | | | | 67.9 66.1 66.4 65.9 65.4 I 1 1 1 1 1 HIRED LABOR 1 1 INTEREST 0 N | NON-REAL- | ESTATE | DEBT 1 100.0 100.0 100.0 100.0 100.0 I 1915...| 1916...| 1917...| 1918...| 1919...| ITEMS WITH NONFARM ORIGIN EXPENSES 100.0 100.0 100.0 100.0 100.0 1 71.0 70.9 70.5 73.0 74.1 25.0 24.8 27.9 29.7 29.8 28.3 27.3 24.2 24.1 25.0 15.0 16.1 16.2 17.5 17.9 OTHER PRODUCTION TOTAL CAPITAL CONSUMPTION ALLOWANCES EXPENSES PROPERTY TAXES INTEREST ON MORTGAGE ntRT RENT 32.1 33.9 33.6 34.1 34.6 11.8 12.4 12.2 12.1 12.0 5. 6. 5. 6.6.5 5.7 6.3 6.6 6.9 7.3 9.1 9.2 8.9 8.6 8.8 36.6 36.7 37.0 33.8 34.8 12.6 12.3 11.7 12.0 12.5 6.8 6.3 5.6 4.8 5.4 7.5 7.1 6.2 5.6 5.7 9.7 11.0 13.5 11.4 11.1 32.2 38.9 38.8 37.5 36.3 13.7 15.7 14.1 13.4 12.8 6.3 8.8 8.8 8.4 7.8 6.5 9.8 10.3 9.6 8.7 5.7 4.6 5.6 6.1 7.0 | | 1 | | 34.6 34.0 35.2 33.8 34.4 11.9 12.0 11.9 11.6 12.0 8.0 8.1 8.3 8.2 8.5 8.3 8.1 7.9 7.6 7.6 6.4 5.8 7.0 6.4 6.3 4.6 5.2 5.4 4.5 3.6 1 | | | | 35. 38. 40. 39. 37. 9 5 7 3 3 13.8 15.5 16.4 14.8 13.8 9.3 10.6 11.4 10.1 9.0 8.2 10.0 11.7 10.8 9.1 4.6 2.5 1.2 3.6 5.4 2.7 2.4 2.2 2.6 2.9 | | | 36.0 33.9 31.9 32.4 30.7 13.0 12.9 12.9 14.1 12.5 8.5 7.8 7.3 7.6 7.3 7.7 6.5 5.5 5.4 4.9 6.8 6.8 6.2 5.4 6.0 29.0 29.1 29.5 27.0 25.9 11.6 11.2 13.3 11.8 11.6 6.6 6.0 4.6 4.1 4.0 4.3 3.6 2.7 2.1 1.9 6.5 8.3 8.9 9.0 8.5 1 1 | I 2.7 2.8 2.1 1.7 1.4 | | | | | 1 TABLE 9 3 1 , 4 YEAR FARM PRODUCTION E X P E N S E S PERCENTAGE OF TOTAL I TOTAL TOTAL CURRENT OPERATING EXPENSES ITEMS WITH NONFARM ORIGIN HIRED LABOR ITEMS WITH FARM ORIGIN (LIVESTOCK, FEED, SEED) 1 1945...1 1946...1 1947...1 1948...1 1949...1 1 1950...1 1951...1 1952...| 1953...1 1954...1 1 1955... 1 1956... I 1957... 1 1958...I 1959...I 1 1960...1 1961... 1 1962... 1 1963...1 1964...1 1 1965...1 1966...1 1967...1 1968...1 1969...| 1 1970...1 1971...1 1972...1 1973...1 1974...1 1 1975...1 1976...1 OTHER PRODUCTION I N T E R E S T ON NON-REALESTATE TOTAL CAPITAL CONSUMPTION ALLOWANCES EXPENSES PROPERTY TAXES INTEREST ON MORTGAGE RENT DEBI DEBT 100.0 100.0 100.0 100.0 100.0 75.9 76.4 76.7 76.5 74.5 32.0 31.9 33.1 32.8 28.3 24.9 25.8 26.0 26.4 28.9 17.6 17.5 16.3 15,9 15.6 1.3 1.3 1.3 1.4 1.6 24.1 23.6 23.3 23.5 25.5 10.0 6.2 9.1 10.7 13.2 4.3 4.3 4.3 4.3 4.8 1.7 1.5 1.3 1.2 1.4 8.1 9.7 8.5 7.3 6.2 100.0 100.0 100.0 100.0 100*0 73.9 74.1 73.2 71.7 71.6 29.8 31.9 30.0 26.3 27.5 27.9 27 .3 28.7 30.7 30.3 14.4 13.1 12.5 12.7 11.9 1.7 1.8 2.0 2.0 1.9 26.1 25.9 26.8 28.3 28.4 13.7 14.1 14.6 16.1 16.4 4.7 4.4 4.5 4.9 5.0 1.4 1.3 1.4 1.6 1.7 6.3 6.1 6.2 5.7 5.3 100.0 100.0 100.0 100.0 100.0 71.6 71.6 71.9 72.9 73.0 27.0 26.5 27.3 30.1 29.2 30.8 31.4 30.9 29.6 30.8 11.8 11.6 11.5 11.0 10.7 2.0 2.1 2.1 2.2 2.4 28.4 28.4 28.1 27.1 27.0 16.7 16.4 16.5 15.6 15.6 5.1 5.2 5.2 5.1 5.3 1.8 1.9 2.0 2.0 2.1 4.8 4.9 4.3 4.5 4.0 100.0 100.0 100.0 100.0 100.0 72.2 71.9 72.1 71.8 70.7 27.7 28.1 29.2 29.2 27.0 30.7 30.0 29.3 29.0 29.8 11.2 11.2 10.9 10.8 10.9 2.6 2.6 2.7 2.9 3.0 27.8 28.1 27.9 28.2 29.3 15.8 15.3 15.0 14.9 15.4 5.6 5.6 5.5 5.5 5.7 2.3 2.4 2.5 2.7 3.0 4.1 4.7 4.8 5.1 5.2 100.0 100.0 100.0 100.0 100.0 70.4 70.9 70.9 69.7 69.8 27.7 29.3 28.5 27.5 29.0 29.0 28.4 29.3 29.0 27.6 10.7 10.1 9.8 9.9 9.9 3.1 3.1 3.3 3.3 3.4 29.6 29.1 29.1 30.3 30.2 15.2 14.7 15.1 15.7 15.6 5.6 5.5 5.6 5.8 5.8 3.2 3.3 3.5 3.7 3.9 5.6 5.5 4.9 5.1 4.9 100.0 100.0 100.0 100.0 100.0 70.2 70.0 68.8 69.5 69.8 29.9 30.1 30.9 34.9 30.1 26.8 27.2 25.7 23.2 27.6 9.8 9.2 8.8 8.0 8.4 3.6 3.5 3.4 3.4 3.8 29.8 30.0 31.2 30.5 30.2 15.2 15.5 15.1 13.6 14.6 5.8 5.7 5.4 4.4 4.3 4.0 4.0 4.1 3.8 4.2 4.8 4.7 6.7 8.7 7.1 100.0 100.0 68.1 68.7 26.2 27.0 29.7 29.1 8.4 8.5 3.9 4.1 31.9 31.3 16.7 17.0 4.4 4.3 4.8 4.9 6.1 5.0 125 TABLE 126 941,1 CASH FLOW AND NET INCOME CURRENT DOLLARS AMOUNTS I N M I L L I O N S OF D O L L A R S I CASH YEAR TOTAL I 1910 • • • I 1911 1912 > • • j 1913 • • • | 1914 FLOW I N ON FARM I INCOME 1 OF THE 1 FARM | |. | | TOTAL J POPULATION! ****** ****** ****** ****** ****** 1940. 1941. 1942. 1943. 1944. FARM CASH OPERATORS' NET FARM INCOMF INCOME CASH FLOW LANDLORDS* N E T RENTAL . . . . INCOME FLOW EXCLUDING UNREALIZED AND NONMONEY FARM INCOME I NONFARM I INCOME CAPITAL CONSUMPTION TOTAL ALLOWANCE I FARM CASH FLOW I. | OF THE | OPERATORS• LANDLORDS' I FARM | TOTAL NET FARM NET RENTAL 1 POPULATION I IMCQtSf INCOMF CAPITAL CONSUMPTION Aunmwr.Ft 4158. 3342 . 4409. 3680. 4106. 320. 331. 343. 340. 355. 416. 443. 469. 481. 482. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 2985. 2777. 2987. 3086. 2844. 2249. 2003. 2175. 2265. 2007. 320. 331. 343. 340. 355. 416. 443. 469. 481. 482. ...I ...I ****** ****** ****** ****** ****** 5147. 5600. 9743. 10548. 10953. 4220. 4469. 8204. 87 8 7 . 8985. 403. 534. 825. 859. 928. 524. 597. 714. 902. 1040. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 3152. 4041. 6183. 7721. 8175. 2225. 2910. 4644. 5960. 6207. 403. 534. 825. 859. 928. 524. 597. 714. 902. 1040. 9510. 4713. 5645. 6441. 6327. 7795. 3370. 4343. 5068. 4855. 504. 304. 368. 430. 520. 1211. ...I ****** ****** ****** ****** ****** 1039. 934. 943. 952. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 5478. 2763. 3263. 3864. 4250. 3763. 1420. 1961. 2491. 2778. 504. 304. 368. 430. 520. 1211. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 8076. 7248. 7109. 7377. 7554. 6734. 5937. 5699. 5981. 6152. 470. 425. 520. 496. 486. 890. 900. 916. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 5016. 4497. 4681. 4630. 5050. 3674. 3186. 3271. 3234. 3648. 470. 425. 520. 496. 486. 890. 900. 916. ****** ****** ****** ****** ****** ****** ****** ****** 6015. 2186. 5535. 4336. 2821. 3357. 3829. 4259 » 3344. 2032. 2555. 2923. 321. 136. 55. 158. 256. 955. 856. 734. 644. 650. ****** ****** ****** ****** ****** ****** ****** ****** 5180. 2186. 3387. 1836. 1054. 1907. 2994. 2111. 844. 265. 1105. 2088. 321. 136. 55. 158. 256. 955. 856. 734. 644. 650. 8596. 8059. 9929. 7987. 8184. 2307. 2640. 2 748. 2475. 2610. 6289. 5419. 7181. 5512. 5574. 5278. 4308. 6005. 4361. 4414. 347. 383. 380. 318. 379. 664. 728. 796. 833. 781. 5895. 6778. 6946. 5875. 6139. 2307. 2640. 2748. 2475. 2610. 3588. 4138. 4198. 3400. 3529. 2577. 3027. 3022. 2249. 2369. 347. 383. 380. 318. 379. 664. 728. 796. 833. 781. 8486. 11264. 16019. 18510. 18608. 2759. 3257. 3941. 4361. 4435. 5727. 8007. 12078. 14149. 14173. 4482. 6490. 9853. 11736. 11705. 797. 870. 1335. 1369. 1425. 6251. 8648. 12341. 15431. 15882. 2759. 3257. 3941. 4361. 4435. 3492. 5391. 8400. 11070. 11447. 2247. 3874. 6175. 8657. 8979. 448. 647. 890. 1044. 1043. 797. 870. 1335. 1369. 1425. I 1 9 1 5 »• • I * * * * * * ****** 1916 1 9 1 7 . »* • I * * * * * * ****** 1918. 1 9 1 9 . »• • I * * * * * * I 1920.• • • I ****** 1921.> • • I ****** ****** 1922. 1923. . . I ****** ****** 1924. . . I 1935. 1936. 1937. 1938. 1939. AND NONMONEY FARM 4894. 4116. 5221. 4501. 4943. ...! 1930. 1931. 1932. 1933. 1934. UNREALIZED ****** ****** ****** ****** ****** ...I 1925. 1926. 1927. 1928. 1929. INCLUDING I ..I ..I ..I ..I ..I I ..I ..I ..I ..I ..I I ..I ..I ..I ..I • •I I ..I ..I .. I ..I ..I _L_ 4 6 8 10 10 48. 47. 90. 44. 43. 872. 886. 1039. 934. 943. 952. 872. 886. TABLE 941,1 | YEAR CASH FLOW AND NET INCOME CURRENT DOLLARS AMOUNTS I N M I L L I O N S OF DOLLARS CASH I I I TOTAL FLOW I N C L U D I N G UNREALIZED AND NONMONEY FARM INCOME FARM CASH FLOW | 1 LANDLORDS' I OPERATORS* NET RENTAL I TOTAL NET FARM INCOME POPULATION I INCOME | NONFARM | INCOME I OF THE 1 FARM 1 1945...1 19091. 1946...1 22209. 1947...I 23659. 1948... 1 26851. 1949...1 22444. 1 1950...1 23809. 1951 . . . 1 2 6 9 6 0 . 1952...1 26434. 1953...1 24085. 1954...1 23047. 1 1955...1 22259. 1956...1 22670. 1957...1 22643. 1958...1 25021. 1959...I 23165. 1 I960... 1 24215. 19 6 1 . . . 1 2 5 3 2 8 . 1962...1 26403. 1963...1 27047. 1964...1 26793. i 1965...1 30523. 19 6 6 . . . 1 3 2 5 7 2 . 1967...1 31739. 1968...1 33349. 1969...I 36857. 1 1970...1 37447. 1971...1 39503. 1972...1 47686. 1973...1 67517. 1974...I 63365. 1 1975...1 64274. 1976...1 62180. _L CAPITAL CONSUMPTION CASH FLOW EXCLUDING U N R E A L I Z E D AND NONMONEY FARM INCOME TOTAL ALLOWANCES FARM CASH FLOW I NONFARM | I INCOME I. LANDLORDS 1 OPERATORS' I OF THE I NET RENTAL NET FARM I FARM I TOTAL INCOME INCOME I POPULATION! 2365. 16122. 18215. 21207. 20881. 19672. 4405. 4551. 5297. 5815. 6192. 11717. 13664. 15910. 15066. 13480. 9343. 11074. 12902. 11694. 10008. 1064. 1401. 1455. 1370. 1107. 1310. 1189. 1553. 2002. 2365. 1233. 1368. 1421. 1214. 1159. 2665. 3147. 3326. 3454. 3581. 19470. 21864. 21556. 20936. 19056. 6263. 6511. 6726. 6437. 5934. 13207. 15353. 14830. 14499. 13122. 9309. 10838. 10083. 9831. 8382. 1233. 1368. 1421. 1214. 1159. 2665. 3147. 3326. 3454. 3581. 11305. 11254. 11085. 13168. 10713. 1057. 1109. 1029. 1077. 3700. 3723. 3913. 4011. 4251. 18625. 19807. 18754. 20830. 19831. 6197. 6584. 6616. 6681. 7124. 12428. 13223. 12138. 14149. 12707. 7671. 8391. 7196. 8977. 7379. 1057. 1109. 1029. 1161. 1077. 3700. 3723. 3913. 4011. 4251. 16979. 17691. 18061. 18089. 17050. 11518. 11957. 12064. 11770. 10492. 1124. 1346. 1467. 1623. 1655. 4337. 4388. 4530. 4696. 4903. 20515. 21681. 22532. 23137. 24332. 7236. 7637. 8342. 8958. 9743. 13279. 14044. 14190. 14179. 14589. 7818. 8310. 8193. 7860. 8031. 1124. 1346. 1467. 1623. 1655. 4337. 4388. 4530. 4696. 4903. 10627. 11205. 11737. 12828. 13929. 19896. 21367. 20002. 20521. 22928. 12899. 13960. 12339. 12322. 14293. 1886. 2023. 1882. 1999. 2061. 5111. 5384. 5781. 6574. 26189. 29232. 27599. 29668. 32981. 10627. 11205. 11737. 12828. 13929. 15562. 18027. 15862. 16840. 19052. 8565. 10620. 8199. 8641. 10417. 1886. 2023. 1882. 1999. 2061. 5111. 5384. 5781. 6200. 6574. 14404. 15274. 17643. 19544. 21572. 23043. 24229. 30043. 47973. 41793. 14151. 14633. 18665. 33349. 26130. 2132. 2246. 3491, 5679. 5100. 6760. 7350. 7887. 8945. 10563. 33671. 34148. 42520. 59094. 58994. 14404. 15274. 17643. 19544. 21572. 19267. 18874. 24877. 39550. 37422. 10375. 9278. 13499. 24926. 21759. 2132. 2246. 3491. 5679. 5100. 6760. 7350. 7887. 8945. 10563. 22776. 24166. 41498. 38014. 24258. 20014. 4600. 4100. 12640. 13906. 54275. 56853. 22776. 24166. 31499. 32687. 14259. 14687. 4600. 4100. 12640. 13900. 4405. 4551. 5297. 5815. 6192. 14686. 17658. 18362. 21036. 16252. 12312. 15068. 15354. 17664. 12780. 1064. 1401. 1455. 1370. 1107. 6263. 6511. 6726. 6437. 5934. 17546. 20449. 19708. 17648. 17113. 13648. 15934. 14961. 12980. 12373. 6197. 6584. 6616. 6681. 7124. 16062. 16086. 16027. 18340. 16041. 7236. 7637. 8342. 8958. 9743. 1161. 1310. 1189. 1553. 2002. 6200. s i wmimmmmmmmmmm. CAPITAL CONSUMPTH ALLOWANC TABLE 128 941.2 CASH CHANGE I CASH YEAR TOTAL FLOW INCLUDING I NONFARM | I INCOME | | OF THE | I FARM | LPQPULATIONl UNREALIZED AND NONMONEY FARM CASH TOTAL FROM OPERATORS N E T FARM INCQMF FLOW AND NET INCOME CURRENT DOLLARS P R E V I O U S YEAR I N M I L L I O N S FARM INCOME CASH FLOW LANDLORDS' N E T RENTAL INCOME CAPITAL CONSUMPTION ALLOWANCFS TOTAL FLOW OF D O L L A R S EXCLUDING UNREALIZED I I | NONFARM 1 INCOME OF THE FARM I TOTAL I POPULATION! AND NONMONEY FARM CASH OPERATORS' NET FARM INCQMF FARM INCOME FLOW LANDLORDS• CAPITAL N E T RENTAL CONSUMPTION INCOME —ALLOWANCE 1911 1912 1913. 1 9 1 4 .• . . I I 1915. -.1 1916. ..I 1917. ..I 1 9 1 8 . »• I 1919. ..I ****** ****** ****** ****** ****** ****** ****** ****** -778. 1105. -720. 442. -616. 1067. -729. 426. 11. 12. -3. 15. 27. 26. 12. 1. i | j j ****** ****** ****** ****** ****** ****** ****** ****** -208. 210. 99. -242. -246. 172. 90. -258. 11. 12. -3. 15. ****** ****** ****** ****** ****** 27. 26. 12. 1. ****** ****** ****** ****** ****** 204. 453. 4143. 805. 405. 114. 249. 3735. 583. 198. 48. 131. 291. 34. 69. 42. 73. 117. 188. 138. | j j j j ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 308. 889. 2142. 1538. 454. 218. 685. 1734. 1316. 247. 48. 131. 291. 34. 69. 1920. ..I 1921. 1922. 1923. 1924. ,.l ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 42. 73. 117. 188. 138. -1443. —4797. 932. 796 » -114. -1190. -442 5. 973. 725. -213. -424. -200. 64. 62. 90. 171. -172. -105. 9. 9. j j ****** ****** | j j ****** ****** ****** ****** ****** ****** ****** ****** -2697. -2715. 500. 601. 386. -2444. -2343. 541. 530. 287. -424. -200. 64. 62. 90. 1925. 1926. ..I 19 2 7 • 1928. 1929. ****** ****** ****** ****** ****** 171. -172. -105. 9. 9. ****** ****** ****** ****** ****** 1749. -828. -139. 268. 177. 1879. -797. -238. 282. 171. -50. -45. 95. -24. -10. -80. 14. 4. 10. 16. j j j ****** ****** ****** 1 ****** j ****** ****** ****** ****** ****** ****** 766. -519. 184. -51. 420. 896. -4 88. 85. -37. 414. -50. -45 . 95. -24. -10. -80. 14. 4. 10. 16. 1930. 1931. 1932. 1933. 1934 . . . I ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** -2019. -1199. -1515. 536. 472. -1893. -915. -1312. 523. 368. -165. -185. 39. -99. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** —1663. -1551. -782. 853. 1087. -1537. -1267. -5 79. 840. 983. -165. -185. -81. 103. 98. 39. -99. -122. -90. 6. 1935. 1936. 1937. . . I 1938. 1939., 2581. -537. 1870. -1942. 197. 121. 333. 106. -273. 135 » 2460. -870. 1762. —1669. 62. 2355. -970. 1697. —1644. 53. 489. 450. -5. -773. 120. 91. 36. -3. -62. 61. 14. 64. 68. 37. -52. 1940.< .1 1941., 1942., 1943.. 1944.. 302. 2778. 4755. 2491. 98. 153. 2280. 4071. 2071. 24. 68. 2008. 3363. 1883. -31. -122. 1627. 2301. 2482. 322. 69. 199. 243. 154. -1. 16. 73. 465. 34. 56. ...I ...I ! 149. 498. 684. 420. 74. -81. -122. 103. 98. -90. 91. 36. -3. 14. 64. -62 . 61. 69. 199. 243. 154. -1. 6. 68. 37. -52. 16. 73 465 34 56 . . . . 121. 715. 883. 333. -1071. 264. -273. 135. 594. 550. 60. -798. 129. 149. 498. 684. 420. 74. -37. 1899. 3009. 2670. 377. 168. 112. 2397. 3693. 3090. 451. 108. CASH FLOW AND NET INCOME CURRENT DOLLARS CHANGE FROM P R E V I O U S YEAR I N M I L L I O N S CASH FLOW I N C L U D I N G UNREALIZED 1 YEAR 1 1 1 TOTAL 1 1 1945...| 1946...1 1947...I 1948...1 1949...1 - 1 NONFARM TMrnMC AND NONMONEY FARM INCOME FARM CASH | 1 OPERATORS' I OF THE 1 NET FARM 1 FARM 1 TOTAL 1 DDDI li AT T DM 1 T Nf.riM F 270. 1947. 2246. -844. -1586. 364. 1731. 1828. -1208. -1686. 21. 337. 54. -85. —263 . -115. -121. 364. 449. 363. 300. 482. 179. 128. 127. -202. 2394. -308. 1 -620. 1 -1880. 71. 248. 215. -289. -503. -273. 2146. -523. -331. -1377. -699. 1529. -755. -252. -1449. 126. 135. 53. -207. -55. 300. 482. 179. 128. 127. -102. 52. -80. 132. -84. 119. 23. 190. 98. 240. -431. I 1182. 1 1 -1053. 2076. I -999. ! 263. 387. 32. 65. 443. -694. 795. -1085. 2011. -1442. -711. 720. -1195. 1781. -1598. -102. 52. -80. 132. -84. 119. 23. 190. 98. 240. 805. 439. 107. -294. -1278. 47. 222. 121. 156. 32. 86. 51. 142. 166. 207. ! 1 1 684. 1166. 851. 605. 1195. 112. 401. 705. 616. 785. 572. 765. 146. -11. 410. 439. 492. -117. -333. 171. 47. 222. 121. 156. 32. 86. 51. 142. 166. 207. 2846. 1471. -1365. 519. 2407. 2407. 1061. -1621. -17. 1971. 231. 137. -141. 117. 62. 208. 273. 397. 419. 374. 18 5 7 . | 3043. I 1 -1633. 2069. 1 3313. | 884. 578. 532. 1091. 1101. 973. 2465. -2165. 978. 2212. 534. 2055. -2421. 442. 1776. 231. 137. -141. 117. 62. 208. 273. 397. 419. 374. 475. 870. 2369. 1901. 2028. 115. 1186. 5814. 17930. —6180. -142. 482. 4032. 14684. -7219. 71. 114. 1245. 2188. -579. 186. 590. 537. 1058. 1618. 690. 1 477. | 8372. I 1 16574. -100. 1 475. 870. 2369. 1901. 2028. 215. -393. 6003. 14673. -2128. -42. -1097. 4221. 11427. -3167. 71. 114. 1245. 2188. -579. 186. 590. 537. 1058. 1618. 1204. 1390. -295. -3484. -1872. -4244. -500. -500. 2077. 1260. 1 -4719. 2578. 1 1204. 1390. -5923. 1188. —7500. 428. -500. -500. 2077. 1260. 513. 2972. 704. 2674. -4784. 607. 2756. 286. 2310. -4884. 21. 337. 54. -85. —263 * 1365. 3151. -526. -2349. -1038. 71. 248. 215. -289. -503. 1294. 2903. -741, -2060. -535. 868. 2286. -973. -1981. -607. 126. 135. 53. -207. -55. -788. 411. -27. 2378. -1856. 263. 387. 32. 65. 443. -1051. 24. -59. 2313. -2299. -1068. -51. -169. 2083. -2455. 1050. 1113. 1075. 644. -254. 112. 4 0 1 r, 705. 616. 785 . 938. 712. 370. 28. -1039. 3730. 2049. -833. 1610. 3508. 884. 578. 532. 1091. 1101. 1970...1 1971...1 1972...1 1973...1 1974..m 590. 2056. 8183. 19831. -4152. I 1975...1 1976...1 909. -2094. 1 1955...I 1956...I 1957...J 1958..*1 1959...I 1 1960...1 1961...1 1962...1 1963...! 1964...I 1 1965...1 19 6 6 . . . I 1967... 1 1968...1 1969...1 1 CAPITAL CONSUMPTION ALLOWANCES -30. 146. 746. 518. 377. -30. 146. 746. 518. 377. 1 CAPITAL 1 TOTAL CONSUMPTION! ALLOWANCES! FARM CASH FLOW ! 1 NONFARM INCOME 1 1 LANDLORDS• OPERATORS' 1 OF THE 1 NET RENTAL NET FARM 1 FARM I TOTAL INCOME INCOME 1 POPULATION! 240. 2093. 2992. —326. 1209. 483. 3118. 1450. 3192. 4407. 1950...1 1951...1 1952...1 1953...1 1954...1 CASH FLOW EXCLUDING U N R E A L I Z E D AND NONMONEY FARM INCOME 1 FLOW LANDLORDS' NET RENTAL INCOME OF DOLLARS -115. -121. 364. 449. 363. ! 1 1 I 1 1 1 I I 1 1 129 TABLE 130 941.3 CASH PERCENTAGE CASH YEAR TOTAL FLOW INCLUDING 1 NONFARM 1 INCOME 1 OF THE 1 FARM | | | | UNREALIZED FARM CASH TOTAL 1 POPULATION! 1 1 1 1 ***** 9 9 9 9 1 1 1 1 1 2 3 4 . . . . . . . . . . . . ***** ***** ***** 19 19 19 19 19 1 1 1 1 1 5 6 7 8 9 . . . . . . . . . . . . . . . ***** ***** ***** ***** ***** 1 1 1 1 1 9 9 9 9 9 2 2 2 2 2 0 1 2 3 4 . . . . . . . . . . . . . . . 1 1 1 1 1 9 9 9 9 9 2 2 2 2 2 5 6 7 8 9 . . . . . . . . . . 1 1 1 1 1 9 9 9 9 9 3 3 3 3 3 0 1 2 3 4 . . . . . 1 1 1 1 1 9 9 9 9 9 3 3 3 3 3 5 6 7 8 9 1 1 1 1 1 9 9 9 9 9 4 4 4 4 4 0 1 2 3 4 AND NONMONEY FARM OPERATORS' NET FARM INCOME ***** ***** ***** ***** -15.9 26.8 -13.8 9.8 -19.6 31.9 -16.5 11.6 ***** ***** ***** ***** ***** 4.1 8.8 74.0 8.3 3.8 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** . . . . . ***** ***** ***** ***** ***** . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . FLOW AND NET INCOME CURRENT DOLLARS CHANGE FROM P R E V I O U S INCOME CASH FLOW LANDLORDS' N E T RENTAL INCOME CAPITAL | TOTAL CONSUMPTION! ALLOWANCES 1 FLOW YEAR EXCLUDING U N R E A L I Z E D | I NONFARM 1 INCOME 1 ! OF THE ! 1 FARM I 1 PFLPUL ATT AMI FARM 4 6 9 4 6.5 5.9 2.6 0.2 | | 1 | ***** ***** ***** ***** ***** ***** ***** ***** -7. 7. 3. -7. 2.8 5.9 83.6 7.1 2.3 13.5 32.5 54.5 4.1 8.0 8.7 13.9 19.6 26.3 15.3 | | | | 1 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 10.8 28.2 53.0 24.9 5.9 -13.2 -50.4 19.8 14.1 -1.8 -13.2 -56.8 28.9 16.7 -4.2 -45.7 -39.7 21.1 16.8 20.9 16.4 -14.2 | | -10.1 I 1.0 1.0 | | ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** -33.0 -49.6 18.1 18.4 ***** ***** ***** ***** ***** 27.6 -10.3 -1.9 3.8 2.4 38.7 -11.8 -4.0 4.9 2.9 - 9 . -9. 22. -4. -2. - 8 . 4 1.6 0.5 1.1 1.8 | | | | | ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** -26.7 -21.7 -34.9 19.0 14.1 -30.8 -21.5 -39.2 25.7 14.4 -34.0 -57.6 -59.6 187.3 62.0 3 4 3 3 9 1 | | | | ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** -32. -45. -42. 80. 57. . . . . . 42.9 -6.2 23.2 -19.6 2*5 5.5 14.4 4.1 -9.9 5.5 64.2 -13.8 32.5 -23.2 1.1 80. -18. 39. -27. 1. 6 4 4 4 2 35.5 10.4 —0.8 -16.3 19.2 2.2 9.6 9.3 4.6 —6.2 | ! | | I 13.8 15.0 2 .5 -15.4 4.5 5.5 14.4 4.1 -9.9 5.5 19.8 15.3 1.4 -19.0 3.8 . . . . . 3.7 32.7 42.2 15.6 0.5 5.7 18.1 21.0 10.7 1.7 2.7 39.8 50.8 17.1 0.2 1.5 44.8 51.8 19.1 —0.3 18.2 44.4 37.6 17.3 -0.1 2.0 9.2 53.4 2.5 4.1 | | | ! | 1.8 38.3 42.7 25.0 2.9 5.7 18.1 21.0 10.7 1.7 -1.0 3. 3. - 0 . 4. 6 6 4 6 0 4. -10. -14. -12. 0. AND NONMONEY 0 6 3 8 CASH FARM FLOW OPERATORS' NET FARM LANDLORDS• NET RENTAL INCOME INCOME -10.9 8.6 4.1 -11.4 10.9 30.8 59.6 28.3 4.1 INCOME 3. 3. -0. 4. 4 6 9 4 CAPITAL CONSUMPTION ALLOWANCES 6.5 5.9 2.6 0.2 13.5 32.5 54.5 4.1 8.0 8.7 13.9 19.6 26.3 15.3 4 3 1 0 5 -45.7 -39.7 16.4 -14.2 32.3 -13.3 2.7 -1.1 -1.1 12.8 -9.6 -9.6 22.4 -4.6 - 8 . 4 -10.3 4.1 -2.0 -42.1 -34.0 -57 .6 -59.6 187.3 4.3 -10.4 -14.3 -12.3 0.9 10.0 18.0 9.1 9 8 6 9 0 54.4 55.8 31.8 3.4 -39. -62. 38. 27. 11. —60.0 -68 .6 317.0 89.0 23.4 17.5 -0.2 21.1 16.8 20.9 62.0 35.5 10.4 —0.8 —25.6 5.3 -16.3 19.2 -5.1 72.4 59.4 40.2 3.7 18 44, 37, 17, -0.1 -10.1 1.0 1.0 1.6 0.5 1.1 1.8 2.2 9.6 9.3 4.6 -6.2 2.0 9. 53. 2. 4. 2 4 5 1 TABLE 9 4 1 . 3 CASH FLOW AND NET INCOME CURRENT DOLLARS PERCENTAGE CHANGE FROM PREVIOUS YEAR FLOW I N C L U D I N G UNREALIZED AND NONMONEY FARM INCOME CASH TOTAL FARM CASH FLOW I NONFARM | |1 *INCOME • ! Ww» 1 l» Im LANDLORDS' OPERATORS' I OF THE 1 NET RENTAL NET FARM I FARM I TOTAL INCOME INCOME 1 POPULATION1 CAPITAL CONSUMPTION ALLOWANCES CASH FLOW EXCLUDING UNREALIZED AND NONMONEY FARM INCOME TOTAL FARM CASH FLOW I NONFARM | I INCOME 1 LANDLORDS' OPERATORS' I OF THE 1 NET RENTAL NET FARM I FARM | TOTAL 1 POPULATION! INCOME INCOME CAPITAL CONSUMPTION ALLOWANCES. 2.6 1945...1 16.3 1946...1 6.5 1947...I 13.5 1948...1 1949... 1 -16.4 —0.7 3.3 16.4 9.8 6.5 3.6 20.2 4.0 14.6 -22.7 5.2 22.4 1.9 15.0 -27.6 2.0 31.7 3.9 -5.8 -19.2 -8.1 -9.2 30.6 28.9 18.1 1.5 13.0 16.4 -1.5 -5.8 -0.7 3.3 16.4 9.8 6.5 2.4 16.6 16.4 -5.3 -10.5 4.1 18.5 16.5 -9.4 -14.4 2.0 31.7 3.9 -5.8 -19.2 -8.1 -9.2 30.6 28.9 18.1 1950...I 1951...1 1952...1 1953...1 19 5 4 . . . | 6.1 13.2 -2.0 - 8 .9 -4.3 1.1 4.0 3.3 -4.3 -7.8 8.0 16.5 —3.6 -10.5 -3.0 6.8 16.7 —6.1 -13.2 -4.7 11.4 10.9 3.9 -14.6 -4.5 12.7 18.1 5.7 3.8 3.7 -1.0 12.3 -1.4 -2.9 —9 . 0 1.1 4.0 3.3 -4.3 -7.8 -2.0 16.2 -3.4 -2.2 -9.5 -7.0 16.4 -7.0 -2.5 -14.7 11.4 10.9 3.9 —14.6 -4.5 12.7 18.1 5.7 3.8 3.7 1955...1 1956...I 1957...1 1958... 1 1959...I -3.4 1.8 -0.1 10.5 -7.4 4.4 6.2 0.5 1.0 6.6 -6. 1 0.1 -0.4 14.4 -12.5 —8.6 -0.5 -1.5 18.8 -18.6 -8.8 4.9 -7.2 12.8 -7.2 3.3 0.6 5.1 2.5 6.0 —2 . 3 6.3 -5.3 11.1 -4.8 4.4 6.2 0.5 1.0 6.6 -5.3 6 .4 -8.2 16.6 -10.2 -8.5 9.4 -14.2 24.7 -17.8 -8.8 4.9 -7.2 12.8 -7.2 3. 0. 5. 2. 6. I960...1 19 6 1 . . . 1 1962 . . . 1 1963...| 1964...i 4.5 4.6 4.2 2.4 -0.9 1.6 5.5 9.2 7.4 8.8 5.8 4.2 2.1 0.2 -5.7 7.5 3.8 0.9 —2 . 4 -10.9 4.4 19.8 9.0 10.6 2.0 2.0 1.2 3.2 3.7 4.4 3.4 5.7 3.9 2.7 5.2 1.6 5.5 9.2 7.4 8.8 4.5 5.8 1.0 -0.1 2.9 5.9 6.3 -1.4 -4.1 2.2 4.4 19.8 9.0 10.6 2.0 2.0 1.2 3.2 3.7 4.4 1965...1 1966... I 1967...| 1968 . . . 1 1969...I 13.9 6.7 —2 . 6 5.1 10.5 9.1 5.4 4.7 9.3 8.6 16.7 7.4 —6.4 2.6 11.7 22.9 8.2 -11.6 —0.1 16.0 14.0 7.3 -7.0 6.2 3.1 4.2 5.3 7.4 7.2 6.0 7.6 11.6 -5.6 7.5 11.2 9.1 5.4 4.7 9.3 8.6 6.7 15.8 -12.0 6.2 13.1 6.6 24.0 -22.8 5.4 20.6 14.0 7.3 -7.0 6.2 3.1 4.2 5.3 7.4 7.2 6.0 1970...1 1971...1 1972...1 1973...1 1974...| 1.6 5.5 20.7 41.6 —6.1 3.4 6.0 15.5 10.8 10.4 0.5 5.1 24.0 59.7 -12.9 -1.0 3.4 27.6 78.7 -21.6 3.4 5.3 55.4 62.7 -10.2 2.8 8.7 7.3 13.4 18.1 2.1 1.4 24.5 39.0 -0.2 3.4 6.0 15.5 10.8 10.4 1.1 -2.0 31.8 59.0 -5.4 -0.4 -10.6 45.5 84.7 -12.7 3.4 5.3 55.4 62.7 -10.2 2.8 8.7 7.3 13.4 18*1 1975...| 1976...I 1.4 -3.3 5 .6 6.1 -0.7 -8.4 -7.2 -17.5 -9.8 -10.9 19*. 7 10.0 —8.0 4.7 5.6 6.1 -15.8 3.8 -34.5 3.0 -9.8 -10.9 19.7 10.0 3 6 1 5 0 131 TABLE 941.4 FARM I I I I I I YEAR CASH TOTAL I I | I NONFARM INCOME OF THE FARM I •| • j • j ***** ***** ***** ***** ***** ***** • | * * * * * ***** ***** .| ***** I 1915. 1916. 1917. 1918. 1919. 1920. 1921. 1922. 1923. 1924. 1925. 1926. 1927. 1928. 1929. 1930. 1931. 1932. 1933. 1934. 1935. 1936. 1937. 1938. 1939. • | * * * * * . i ***** . i ***** . i ***** ***** ***** ***** ***** FARM CASH TOTAL 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 OPERATORS' NET FARM INCQMF 85.0 81.2 INCOME LANDLORDS' N E T RENTAL INCOME 6.5 . CAPITAL CONSUMPTION 8.5 84.4 83.1 7.6 7.2 9.0 10.7 9.8 7.8 9.5 8.5 10.2 10.7 7.3 8.5 9.5 82.0 79.8 84.2 83.3 8.1 10.8 8.6 ***** ***** i .1 .i ***** ***** ***** ***** •i * * * * * • j ***** ***** ***** ***** 100.0 100.0 100.0 100.0 100.0 • j ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 100.0 100.0 100.0 100.0 100.0 81.1 81.4 i • i •i • i .i 5.8 5.9 7.3 6.7 6.4 ***** ***** ***** ***** ***** ***** ***** ***** 100.0 100.0 100.0 100.0 100.0 76.9 77.1 72.0 76.1 76.3 5.8 3.1 1.9 4.7 6.7 .8 .7 .0 .9 100.0 100.0 100.0 100.0 100.0 83.9 79.5 83.6 79.1 79.2 5.5 7.1 5.3 5.8 32.5 28.9 24.6 23.6 23.8 100.0 100.0 100.0 100.0 100.0 78.3 7.8 8.1 13.9 10.9 82.9 82.6 7.4 7.4 7.4 10.1 • i i • i • i • i . i ***** •I 100.0 I .1 100.0 100.0 I 100.0 .1 100.0 .1 100.0 36.3 26.8 3 2 3 3 2 7 1 1 100.0 I 100.0 I 100.0 I 100.0 100.0 82.0 82.0 7 7 7 7 1.5 6.9 8.7 6.7 83.4 81.9 80.2 81.1 81.6 5.3 6.5 6.5 6.7 8.2 6.8 TOTAL ALLQHANCFSt 8.0 6 .6 81.8 CASH FLOW • j I 1940. 1941. 1942. 1943. 1944. AND I N C L U D I N G U N R E A L I Z E D AND NONMONEY FARM LP O P U L A T I O N J 1910. 1911. 1912. 1913. 1914. FLOW INCOME FLOW AND NET INCOME CURRENT DOLLARS NONFARM INCOME A S A PERCENTAGE OF TOTAL CASH FLOW C A P I T A L C O N S U M P T I O N ALLOWANCES A S A PERCENTAGE OF TOTAL 132 CASH 12.7 22.0 16.5 14.6 15.0 10.8 12.2 12.5 12.2 12.1 17.3 19.7 26.0 19.2 17.0 10.6 13.4 11.1 15.1 14.0 11.1 9.7 FLOW EXCLUDING I NONFARM INCOME OF THE 1 1 FARM 1 POPULATION FARM CASH UNREALIZED FLOW AND NONMONEY FARM CASH TOTAL OPERATORS' NET FARM INCOME FARM INCOME FLOW LANDLORDS' NET RENTAL INCOME CAPITAL CONSUMPTION AiinuANrcc ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 100.0 100.0 100.0 100.0 100.0 75.3 72.1 72.8 73.4 70.6 10.7 11.9 11.5 11.0 12.5 13.9 16.0 15.7 15.6 16.9 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 100.0 100.0 100.0 100.0 100.0 70.6 72.0 75.1 77.2 75.9 12.8 13.2 13.3 11.1 11.4 16.6 14.8 11.5 11.7 12.7 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 100.0 100.0 100.0 100.0 100.0 68. 51. 60. 64. 65. 7 4 1 5 4 9.2 11.0 11.3 11.1 12.2 22.1 37.6 28.6 24.4 22.4 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 100.0 100.0 100.0 100.0 100.0 7 7 6 6 7 3.2 0.8 9.9 9.8 2.2 9.4 9.5 11.1 10.7 9.6 17.4 19.7 19.0 19.4 18.1 ***** ***** ***** ***** ***** ***** ***** ***** 42.2 100.0 100.0 100.0 100.0 100.0 62.3 46.0 25.1 57.9 69.7 9.5 7.4 5.2 8.3 8.6 28.2 46.6 69.6 33.8 21.7 100.0 100.0 100.0 100.0 100.0 39.1 38.9 39.6 42.1 42.5 100.0 100.0 100.0 100.0 100.0 71.8 73.2 72.0 66.1 67.1 9.7 9.3 9.1 9.4 10.7 18.5 17.6 19.0 24.5 22.1 100.0 100.0 100.0 100.0 100 .0 4 3 3 2 2 100.0 100.0 100.0 100.0 100.0 64.3 71.9 73.5 78.2 78.4 12.8 12.0 10.6 9.4 9.1 22.8 16.1 15.9 12.4 12.4 100.0 4 7 1 8 7 .1 .7 .9 .3 .9 CASH FLOW AND NET INCOME CURRENT DOLLARS NONFARM INCOME AS A PERCENTAGE OF TOTAL CASH FLOW FARM INCOME AND CAPITAL CONSUMPTION ALLOWANCES AS A PERCENTAGE OF TOTAL FARM CASH FLOW TABLE 9 4 1 . 4 ~j CASH FLOW I N C L U D I N G UNREALIZED AND NONMONEY FARM INCOME YEAR I TOTAL 1 1 1 NONFARM INCOME OF THE 1 | FARM 1 POPULATION CASH FLOW EXCLUDING UNREALIZED AND NONMONEY FARM INCOME FARM CASH FLOW OPERATORS' NET FARM TOTAL INCOME LANDLORDS' NET RENT CAPITAL CONSUMPTION INCOME . ALLOWANCES TOTAL | NONFARM | INCOME | OF THE | FARM I POPULATION FARM CASH FLOW TOTAL OPERATORS• NET FARM INCOME LANDLORDS' NET RENTAL INCOME CAPITAL CONSUMPTION ALLOWANCES 100.0 100.0 100.0 100.0 100.0 23.1 20.5 22.4 21.7 27.6 100.0 100.0 100.0 100.0 100.0 83.8 85.3 83.6 84.0 78.6 7.2 7.9 7.9 6.5 6.8 8.9 6.7 8.5 9.5 14.6 100.0 100.0 100.0 100.0 100.0 27.3 25.0 25.0 27.8 31.5 100.0 100.0 100.0 100.0 100.0 79.7 81.0 81.1 77.6 74.2 9.1 10.3 9.1 9.1 8.2 11.2 8.7 9.8 13.3 17.5 100.0 100.0 100.0 100.0 100.0 26.3 24.2 25.4 26.7 25.7 100.0 100.0 100.0 100.0 100.0 77.8 77.9 75.9 73.5 72.3 7.0 6.7 7.2 6.9 6.8 15.2 15.4 16.9 19.6 20.9 100.0 100.0 100.0 100.0 100.0 32.2 29.8 31.2 30.7 31.1 100.0 100.0 100.0 100.0 100.0 70.5 70.6 68.0 67.8 63.9 9.3 8.9 9.6 8.4 8.8 20.2 20.5 22.4 23.8 27.3 100.0 100.0 100.0 100.0 100.0 27.8 29.0 29.2 26.7 30.8 100.0 100.0 100.0 100.0 100.0 70.4 70.0 69.2 71.8 66.8 6.6 6.9 6.4 6.3 6.7 23.0 23.1 24.4 21.9 26.5 100.0 100.0 100.0 100.0 100.0 33.3 33.2 35.3 32.1 35.9 100.0 100.0 100.0 100.0 100.0 61.7 63.5 59.3 63.4 58.1 8.5 8.4 8.5 8.2 8.5 29.8 28.2 32.2 28.3 33.5 100.0 100.0 100.0 100.0 100.0 29.9 30.2 31.6 33.1 36.4 100.0 100.0 100.0 100.0 100.0 67.8 67.6 66.8 65.1 61.5 6.6 7.6 8.1 9.0 9.7 25.5 24.8 25.1 26.0 28.8 100.0 100.0 100.0 100.0 100.0 35.3 35.2 37.0 38.7 40.0 100.0 100.0 100.0 100.0 100.0 58.9 59.2 57.7 55.4 55.0 8.5 9.6 10.3 11.4 11.3 32.7 31.2 31.9 33.1 33.6 100.0 100.0 100.0 100.0 100.0 34.8 34.4 37.0 38.5 37.8 100.0 100.0 100.0 100.0 100.0 64.8 65.3 61.7 60.0 62.3 9.5 9.5 9.4 9.7 9.0 25.7 25.2 28.9 30.2 28.7 100.0 100.0 100.0 100.0 100.0 40.6 38.3 42.5 43.2 42.2 100.0 100.0 100.0 100.0 100.0 55.0 58.9 51.7 51.3 54.7 12.1 11.2 11.9 11.9 10.8 32.8 29.9 36.4 36.8 34.5 100.0 100.0 100.0 100.0 100.0 38.5 38.7 37.0 28.9 34.0 100.0 100.0 100.0 100.0 100.0 61.4 60.4 62.1 69.5 62.5 9.3 9.3 11.6 11.8 12.2 29.3 30.3 26.3 25.3 100.0 100.0 100.0 100.0 100.0 42.8 44.7 41.5 33.1 36.6 100.0 100.0 100.0 100.0 100.0 53.8 49.2 54.3 63.0 58.1 11.1 11.9 14.0 14.4 13.6 35.1 38.9 31.7 22.6 28.2 1 9 7 5 . . . 11 100.0 1 9 7 6 . . . 11 100.0 35.4 38.9 100.0 100.0 58.5 52.6 11.1 10.8 30.5 36.6 100.0 100.0 42.0 42.5 100.0 100.0 45.3 44.9 14.6 12.5 40.1 42.5 1945...1 1946...1 1947...1 1948...1 1949...1 I 1950...1 1951...1 1952...1 1953...1 1954...I 1 1955...1 1956...1 1957...1 1958...1 1959...1 1 1960...1 1961...1 1962...1 1963...1 1964...1 1 1965...1 1966...1 1967...I 1968...1 1969...1 1 1970...1 1971...1 1972...1 1973...1 1974...1 l 18.6 133 TABLE 134 942.1 CASH FLOW AND N E T INCOME I N 1 9 6 7 DOLLARS AMOUNTS I N M I L L I O N S OF D O L L A R S CASH YEAR TOTAL FLOW I I | I INCLUDING NONFARM INCOME OF THE FARM | | I | [POPULATION UNREALIZED AND NONMONEY FARM FARM CASH OPERATORS' NET FARM INCOME TOTAL INCOME FLOW LANDLORDS* N E T RENTAL INCOME CAPITAL CONSUMPTION ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 15918. 13387. 16812. 14493. 15604. 13524. 10870. 14197. 11850. 12962. 1041. 1077. 1104. 1095. 1121. 1353. 1441. 1510. 1549. 1522. 1915. 1916. 1917. 1918. 1919. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 15936. 15680. 21939. 19979. 17460. 13066. 12513. 18473. 16644. 14323. 1248. 1495. 1858. 1627. 1479. 1622. 1672. 1608. 1708. 1658. 1920. 1921. 19 2 2 . 1923. 1924. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 13431 9254 11680 13295 13060 . . . . . 11009. 6617. 9140. 10461. 10021. 712. 597. 774. 1073. 1710. 2040. 1966. 1946. 1965. 1925. 1926. 1927. 1928. 1929. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 16152 14771 14768 15227 15795 . . . . . 13468. 12099. 11839. 12345. 12863. 940. 866. 1080. 1024. 1016. 1744. 1806. 1849. 1858. 1915. 1930. 1931. 1932. 1933. 1934. ****** ****** ****** ****** ****** ****** ****** ****** 11260. 12377. 15876. 5770. 8569. 10009. 10106. 9524. 8684. 6173. 7618. 7715. 718. 353. 167. 471. 676. 2135. 2223. 2230. 1920. 1716. 1935. 1936. 1937. 1938. 1939. 22322. 20927. 24978. 21080. 21960. 5991. 6855. 6913. 6532. 7004. 16331. 14072. 18065. 14548. 14957. 13706. 11187. 15106. 11510. 11844. 901. 995. 956. 839. 1017. 1940. 1941. 1942. 1943. 1944. 22583. 27900. 34618. 35905. 34239. 7342. 8067. 8517. 8459. 8160. 15240. 19833. 26101. 27446. 26078. 11927. 16075. 21293. 22765. 21537. 1192. 1603. 1923. 2025. 1919. 888. TOTAL ALLOWANCES 1910. 1911. 1912. 1913. 1914. CASH FLOW E X C L U D I N G U N R E A L I Z E D I NONFARM I INCOME | OF THE I FARM | | | | 1 POPULATION I j ****** j j j t ****** ****** ****** | ****** | ****** j ****** j ****** j ****** j ****** j | ****** | ****** | ****** j j j ****** ****** | ****** j * * * * * * j ****** j ****** j ****** j j ****** j ****** j ****** j ****** ****** ****** ****** ****** ****** AND NONMONEY FARM FARM CASH TOTAL FLOW LANDLORDS' N E T RENTAL INCOME CAPITAL CONSUMPTION ALLOWANCES 709. 032. 618. 937. 978. 7315. 6515. 7004. 7293. 6336. 1041. 1077. 1104* 1095. 1121. 1353. 1441. 1510. 1549. 1522. ****** ****** ****** ****** ****** 9759. 11315. 13923. 14624. 13031. 6889. 8148. 10457. 11289. 9894. 1248. 1495. 1858. 1627. 1479. 1622. 1672. 1608. 1708. 1658. ****** ****** ****** ****** ****** 7736. 5425. 6867. 7976. 8772. 5314. 2788. 4127. 5142. 5734. 712. 597. 774. 888. 1073. 1710. 2040. 1966. 1946. 1965. ****** ****** ****** ****** ****** 10032. 9165. 9724. 9557. 10559. 7348. 6493. 6795. 6675. 7628. 940. 866. 1080. 1024. 1016. 1744. 1806. 1849. 1858. 1915. 4720. 2192. 805. 3295. 5511. 718. 353. 167. 471. 676. 2135. 2223. 2230. 1920. 1716. ****** ****** ****** ****** 9 9 9 9 8 OPERATORS NET FARM INCOME INCOME 1 | 13672. 5770. 7574. 4768. 3202. 5686. 7902. 1724. 1890. 2002. 2199. 2096. 1 1 1 1 I j 15308. 17601. 17474. 15506. 16473. 5991. 6855. 6913. 6532. 7004. 9317. 10745. 10561. 8974. 9469. 6692. 7860. 7602. 5936. 6357. 901. 995. 956. 839. 1017. 1724. 1890. 2002. 2199. 2096. 2121. 2155. 2885. 2656. 2622. 1 1 1 1 1 16635. 21420. 26670. 29932. 29223. 7342. 8067. 8517. 8459. 8160. 9293. 13353. 18153. 21473. 21062. 5980. 9596. 13345. 16792. 16521. 1192. 1603. 1923. 2025. 1919. 21 21 28 26 26 21. 55. 85. 56. 22. TABLE 942.1 CASH AMOUNTS CASH FLOW INCLUDING UNREALIZED NONFARM I INCOME 1 OF THE 1 FARM 1 TOTAL 1 PAPlll ATTDNl 1 TOTAL AND NONMONEY FARM FARM CASH OPERATORS' NET FARM INCOME FLOW AND NET INCOME I N 1 9 6 7 DOLLARS I N M I L L I O N S OF D O L L A R S INCOME CASH 1 FLOW LANDLORDS' NET RENTAL INCOME CAPITAL CONSUMPTION ALLOWANCES TOTAL FLOW EXCLUDING UNREALIZED AND NONMONEY FARM INCOME -- - 1 1 NONFARM | INCOME I OF THE I I FARM | 1 1 POPULATION! FARM TOTAL OPERATORS' NET FARM „INCOME LANDLORDS' N E T RENTAL INCOME CAPITAL CONSUMPTION . . ALLOWANCES- 33776. 35402. 32144. 34446. 29741. 7793. 7255. 7197. 7460. 8205. 25983. 28148. 24948. 26986. 21536. 21783. 24019. 20861. 22661. 16935. 1882 . 2233. 1977. 1758. 1467. 2318. 1895. 2110. 2568. 3134. 28524. 29036. 28813. 26788. 26067. 7793. 7255. 7197. 7460. 8205. 20730. 21781. 21616. 19328. 17862. 16530. 17653. 17529. 15002. 13262. 1882 . 2233. 1977. 1758. 1467. 2318. 1895. 2110. 2568. 3134. 31165. 32392. 31409. 28830. 27486. 8198. 7823. 7992. 7705. 7077. 22967. 24569. 23417. 21125. 20409. 17864. 19145. 17777. 15537. 14756. 1614. 1644. 1688. 1453. 1382 . 3488 3781 3952 4135 4271 . . . . . 25485. 26269. 25613. 25061. 22726. 8198. 7823. 7992. 7705. 7077. 17287. 18447. 17621. 17356. 15649. 12185. 13022. 11981. 11768. 9996. 1614. 1644. 1688. 1453. 1382. 3488. 3781. 3952. 4135. 4271. 26546. 26641. 25855. 28072. 25900. 7390. 7737. 7554. 7496. 7965. 19155. 18904. 18300. 20577. 17935. 13482. 13226. 12657. 14774. 11978. 1261. 1303. 1175. 1303. 1204. 4413. 4375. 4468. 4500. 4753. 22212. 23277. 21414. 23370. 22172. 7390. 7737. 7554. 7496. 7965. 14822. 15539. 13860. 15874. 14207. 9148. 9861. 8217. 10072. 8250. 1261. 1303. 1175. 1303. 1204. 4413. 4375. 4468. 4500. 4753. 26887. 28026. 28820. 29225. 28758. 8034. 8451. 9106. 9679. 10457. 18853. 19576. 19714. 19546. 18300. 12789. 13231. 13168. 12718. 11261. 1248. 1489. 1601. 1754. 1776. 4816. 4855. 4945. 5074. 5263. 22779. 23991. 24594. 25000. 26116. 8034. 8451. 9106. 9679. 10457. 14744. 15540. 15489. 15321. 15659. 8681. 9195. 8943. 8493. 8620. 1248. 1489. 1601. 1754. 1776. 4816. 4855. 4945. 5074. 5263. 32024. 33194. 31739. 31951. 33892. 11150. 11419. 11737. 12290. 12808. 20874. 21775. 20002. 19661. 21083. 13533. 14227. 12339. 11806. 13143. 1979. 2062. 1882. 1915. 1895. 5362. 5487. 5781. 5940. 6045. 27477. 29791. 27599. 28424. 30327. 11150. 11419. 11737. 12290. 12808. 16327. 18371. 15862. 16134. 17519. 8986. 10823. 8199. 8279. 9579. 1979. 5362. 5487. 5781. 5940. 6045. 33011. 33353. 38730. 50717. 41894. 12698. 12896. 14329. 14681 . 14262. 20313. 20457. 24400. 36036. 27632. 12475. 12355. 15159. 25051. 17276. 1879. 1896. 2835. 4266. 3372. 5959. 6206. 6406. 6719. 6984. 2 2 3 4 3 9682. 8832. 4534. 4390. 9004. 12698. 12896. 14329. 14681. 14262. 16985. 15936. 20205. 29709. 24742. 9146. 7834. 10964. 18724. 14386. 1879. 1896. 2835. 4266. 3372. 38589. 35342. 13674. 13736. 24914. 21607. 14564. 11376. 2762. 2330. 75%9. 7901. 32585. 32314. 13674. 13736. 18911. 18579. 8561. 8348. 2762. 2330. 2062. 1882. 1915. 1895. 5959. 6206. 6406. 6719. 6984. 7589. 7901. 135 TABLE 136 942.2 CASH CHANGE CASH YEAR TOTAL FLOW INCLUDING I NONFARM | I INCOME | OF THE | 1 1 FARM | 1 POPULATION! UNREALIZED AND NONMONEY FARM FARM C A S H TOTAL OPERATORS* NET FARM INCOME , 1 1 1 1 9 9 9 9 1 1 1 1 1 2 3 4 . . . . . . . . . . . . ****** ****** ****** ****** 1 1 1 1 1 9 9 9 9 9 1 1 1 1 1 5 6 7 8 9 . . . . . .. .. .. .. .. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 332. -256. 6259. -1960. -2519. 104. -553. 5960. -1830. -2321. 1 1 1 1 1 9 9 9 9 9 2 2 2 2 2 0 1 2 3 4 . . . . . . . . . . . . . . . ***-*** ****** ****** ****** ****** ****** ****** ****** ****** ****** -4029. -4177. 2627. 1415. -235. 1 1 1 1 1 9 9 9 9 9 2 2 2 2 2 5 6 7 8 9 . . . . . . . . . . . . . . . ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 1 1 1 1 1 9 9 9 9 9 3 3 3 3 3 0 1 2 3 4 . . . . . . . . . . . . . . . ****** ****** ****** ****** ****** 1935. 1936. 1937. 1938. 1939. . . . . . . . . . . 1 1 1 1 1 . . . . . . . . . . 9 9 9 9 9 4 4 4 4 4 0 1 2 3 4 . . . . . FLOW AND NET INCOME I N 1 9 6 7 DOLLARS FROM P R E V I O U S YEAR I N M I L L I O N S INCOME | C A S H FLOW FLOW LANDLORDS' N E T RENTAL INCOME ****** ****** ****** ****** -2530. 3424. -2318. 1111. -2654. 3327. -2347. 1112. 36 28 -10 26 CAPITAL | TOTAL CONSUMPTION! ALLOWANCES 1 OF D O L L A R S EXCLUDING 1 NONFARM 1 INCOME 1 OF THE FARM 1 1 POPULATION UNREALIZED | | AND NONMONEY FARM C A S H I | TOTAL 1 OPERATORS• N E T FARM INCOME FARM INCOME FLOW LANDLORDS* NET RENTAL INCOME CAPITAL CONSUMPTION A LLOWANCE £ . . . . | | | | ****** ****** ****** ****** ****** ****** ****** ****** -677. 586. 319. -959. -800. 489. 290. -957. 36. 28. -10. 26. 88. 69. 39. -27. 127. 247. 362. -231. -148. 101. 49. -64. 101. -51. | | j | | ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 781. 1556. 2608. 702. -1593. 553. 1259. 2309. 832. -1395. 127. 247. 362. -231. -148. 101. 49. -64. 101. -51. -3314. -4392. 2523. 1321. -440. -767. -115. 178. 113. 186. 52. 330. -74. -19. 19. | | | | | ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** -5295. -2312. 1442. 1108. 797. -4580. -2526. 1339. 1015. 592. -767. -115. 178. 113. 186. 52. 330. -74. -19. 19. 3092. -1381. - 3 . 459. 568. 3447. -1369. -260 . 506. 518. -133. -74. 214. -56 . -8. -221. 62. 43. 9. 58. | ****** | ****** | ****** I ****** | ****** ****** ****** ****** ****** ****** 1260. -867. 560. -168. 1002. 1614. -855. 302. -120. 952. -133. -74. 214. -56 . -8. -221. 62. 43. 9. 58. ****** ****** ****** ****** ****** -3418. -1117. -2690. 1439. 97. -3340. -840. -2511. 1445. 97. -298 -365 -186 304 205 . . . . . 220. 87. 7. -310. -205. | | | | | ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** -2985. -2806. -1566. 2484. 2217. -2907. -2529. -1387. 2490. 2216. -298. -365. -186. 304. 205. 220. 87. 7. -310. -205. 6446. -1394. 4050. -3897. 880. 221. 865. 57. -381. 471. 6225. -2259. 3993. -3517. 409. 5991. -2519. 3919. -3596. 334. 225. 93. -39. -117. 178. 9. 166. 112. 196. -103. | | | | | 1636. 2293. -127. -1967. 967. 221. 865. 57. -381. 471. 1415. 1428. -185. -1587. 496. 1181. 1169. -258. -1666. 421. 225. 93. -39. -117. 178. 9. 166. 112. 196. -103. 622. 5317. 6718. 1287. —1666. 339. 725. 449. -58. -299. 284. 4592. 6269. 1344. -1367. 83. 4148. 5218. 1472. -1228. 175. 410. 321. 102. -106 . 25. 34. 730. -230. -34. | | | | | 162. 4786. 5249. 3263. -710. 339. 725. 449. -58. -299. -177. 4060. 4800. 3320. -411. -377. 3616. 3749. 3448. -271. 175. 410. 321. 102. -106. 25. 34. 730. -230. —34. . . . . 88 69 39 -27 TABLE 942.2 -j YEAR I I | I CASH FLOW AND NET INCOME I N 1 9 6 7 DOLLARS CHANGE FROM PREVIOUS YEAR IN MILLIONS CASHFLOW* INCLUDING UNREALIZED AND NONMONEY FARM INCOME TOTAL ! NONFARM INCOME I OF THE I FARM 1 —462 . 1945...1 1626. 1946...1 1947...1 -3258. 2302. 1948...1 1949... 1 -4706. 1 1424. 1950...1 1228. 1951...1 -984. 19 52 . . . 1 19 53 . . . 1 - 2 5 7 8 . 1 9 5 4 . . . 1 —1345 « 1 -940. 1955...1 95. 1956...1 -787. 1957...1 2218. 1958...1 1959...1 -2173. 1 987. 1960...1 1139. 1961 . . . 1 793. 1962...1 406. 1963...1 —467 . 1964...1 1 3266. 1965...1 1170. 1966...1 1967...1 -1455. 212. 1968...! 1940. 1969...1 1 -880. 1970...1 342. 1971...1 5376. 1972...1 1 9 7 3 . . . 1I 11987. 1 9 7 4 . . . 1I - 8 8 2 3 . 11 1 9 7 5 . . . 1| - 3 3 0 6 . 1 9 7 6 . . . !j — 3 2 4 6 . FARM CASH FLOW I |__ LANDLORDS' OPERATORS" I N E T RENTAL j TOTAL NET FARM INCOME CAPITAL CONSUMPTION A1 inWANCES OF DOLLARS CASH FLOW EXCLUDING UNREALIZED AND NONMONEY FARM INCOME TOTAL FARM CASH FLOW | NONFARM I | INCOME I. LANDLORDS' I OF THE I OPERATORS' NET RENTAL ; FARM I TOTAL NET FARM INCOME I p n p n i ATI QN i m s m t — -37. 351. -256. -219. -291. -304. -422. 215. 458. -1465. 9. 1123. -123. -2527. -1740. -7. -375. 169. -287. -628. -575. 1159. -826. —265 . -1706. -1077. 837. -1041. -213. -1772. 147. 30. 45. -235. -71. 354. 293. 171. 183. 136. -514. 1065. -1863. 1956. -1198. 314. 347. -183. -59. 469. -828. -122. -1680. -848. 713. -1644. 1855. 142. —37 • 93. 32. 253. 607. -367. -539. -58. 263. 745. -95. 2165. -3200. 2039. -5451. 246. 2237. -3159. 1800. -5726. -37. 351. -256. -219. -291. -304. -422. 215. 458. 566. -699. 512. -223. -2025. -720. —367 . -539. — 58 . 263. 745. -7. -375. 169 • -287. —628 • 1431. 1603. -1152. -2292. -716* 930. 1280. —1368 * -2239. -781. 147. 30. 45. -235. -71. 354. 293. 171. 183. 136. -582. 784. -657. -552. -2335. 314. 347. -183. -59. 469. -1253. -251. -604. 2276. -2642. -1274. -257. -568. 2117. -2796. -122. 142. -37. 93. 32. 253. 69. 416. 655 . 574. 778. 918. 723. 138. —168 . —1246. 811. 442. —63 • -450. -1457. 44. 241. 63. 40. 89. 130. 692. 269. 318. 553. 518. 2574. 901. -1773. -341. 1422. 2272. 693. -1888. -533. 1337. 202. -111. 199. 1433. 352. —418 * -770 . 144. 3943. 11636. -8404. —668 . -120. 2804. 9892. -777 5. 17. 939. 1431. -894. 247. -588. 61. -2717. -3308. -2712. -3188. —610 • -431. 43. -128. 128. -98. CAPITAL CONSUMPTION ftllQWANCES -332. 1051. -165 • -2288. 718. 2015. —1667• 43. -128. 128. 566. -1822. -98. 537. 796. -51. -168. 338. 431. 515. -252. -450. 127. 44. 241. 112. 152. 23. 63. 40. 89. 130. 100. 188. 1116. 69. 416. 655. 574. 778. -20. 100. 125. 294. 159. 105. 1361. 2314. -2192. 825. 1903. 692. 269. 318. 553. 518. 668. 2044. -2509. 272. 1385. 366. 1837. -2624. 80. 1300. 202. 83. -180. 33. -20. —16 . -86. -111. 199. 1433. 352. -418. -534. -1049. 4269. 9504. -4967. -433. -1312. 3130. 7760. —4338• — 16 • 17. 939. 1431. -894. —86. 314. 265. -645. -850. 5702. 9856. -5386. 605. 312. -6419. -271. -588. 61. -5831. -332. -5825. -213. —610. -431. 605. 312. 112. 152. 23. 83. -180. 33. 200. 1212. 604. 406. 188. 125. 294. 159. 105. 247. 200. 314. 265. 137 TABLE 942.3 138 CASH FLOW AND NET INCOME I N 1 9 6 7 DOLLARS CHANGE FROM P R E V I O U S PERCENTAGE J YEAR I I I I CASH TOTAL FLOW \ NONFARM" I INCOME | OF THE I I FARM I I POPULATION! I • •I * * * * * • •I * * * * * ..I ***** ..I ***** I 1915. ***** 1916. .1 ***** 1917. ***** 1918. ***** 1919. .* * * * * * 1911. 1912. 1913. 1914. ,.1 1920.. 1921.. 1922.. 1923.. 1924.. 1925.. 1926.. 1927.. 1928.. 1929.. 1930.. 1931.. 1932.. 1933.. 1934.. 1935.. 1936.. 1937.. 1938.. 1939.. 1940.. 1941.. 1942.., 1943.., 1944.., i .1 • i • i • i • i i • i .i • i .i • i i • i • i • i • i • i i • i • i u .i .i i .i ,i .i ,i ,i _1_ INCLUDING ***** ***** ***** ***** UNREALIZED AND NONMONEY FARM FARM CASH INCOME CASH FLOW FLOW TOTAL OPERATORS* NET FARM LANDLORDS' N E T RENTAL CAPITAL CONSUMPTIO TOTAL -15.9 25.6 -13.8 7.7 -19.6 30.6 -16.5 9.4 3.4 2.6 -0.9 2.4 6.5 4.8 ***** ***** ***** ***** 2.6 -1*8 -10.9 7.5 4.1 -13.1 3.4 2.6 -0.9 2.4 6.5 4.8 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 8.7 15.9 23.0 5.0 -10.9 8.7 18.3 28.3 8.0 -12.4 11.3 19.8 24.2 -12.4 -9.1 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** -40.6 -29.9 26.6 16.1 10.0 -46.3 -47.5 48.0 24.6 11.5 -51.9 -16.1 29.8 14.6 20.9 3.2 19.3 -3.6 ***** ***** ***** ***** ***** 14.4 —8.6 6.1 -1.7 10.5 28.1 -11.6 4.7 -1.8 14.3 -12.4 -7.9 24.7 -5.2 -0.7 -11.2 ***** ***** ***** ***** ***** -28.3 -37.0 -32.8 77.6 39.0 -38.1 -53 .6 —63 . 3 309.3 67.3 -29.4 -50.8 -52.7 182.0 43.4 11.5 4.1 0.3 -13.9 -10.7 3.8 14.4 -5.5 7.2 17.9 15.3 - 1 . 7 -15.0 5.5 21.4 17.5 -3.3 -21.9 7.1 33.4 10.4 -3.9 -12.2 21.2 0.5 9.6 5.9 9.8 - 4 . 7 4.8 9.9 5.6 -0.7 -3.5 - 1 . 9 43.7 35.9 18.3 —1 . 9 - 5 . 9 60.5 39.1 25.8 -1.6 17.2 34.4 20.0 5.3 -5.2 1.2 -23.1 -31.1 28.4 11.9 -1.8 -23.1 -39.9 38.1 14.4 -4.2 -51.9 -16. 1 29.8 14.6 20.9 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 23.7 -8.5 -0.0 3.1 3.7 34.4 -10.2 -2.2 4.3 4.2 -12.4 -7.9 24.7 -5.2 - 0 . 7 -11.2 5 4 5 1 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** -21.6 -9.0 -23.9 16.8 1.0 -26.0 -8.8 -28.9 23.4 1.3 -29.4 -50.8 -52.7 182.0 43.4 11.5 4.1 0.3 -13.9 -10.7 ***** ***** ***** ***** ***** 40.6 3.8 14.4 77.7 -18.4 35.0 -23.8 2.9 33.4 10.4 -3.9 -12.2 21.2 0.5 9.6 5.9 9.8 -4.7 12.0 -5.5 7.2 61.6 -13.8 28.4 -19.5 2.8 4.8 9.9 5.6 -0.7 —3.5 1.9 30.1 31.6 5.1 -5.0 0.7 34.8 32.5 6.9 -5.4 17.2 34.4 20.0 5.3 -5.2 -6.2 19.4 -15.6 4.2 2.8 23.5 24.1 3.7 —4.6 0.8 3 2 0 3 . . . . 1.2 15.0 -0.7 -11.3 6.2 1.0 1.6 28.8 33.9 24.5 -8.0 -1.3 FLOW -7.0 6.5 3.3 -9.6 ***** ***** ***** 1.0 CASH INCOME ***** ***** ***** ***** ***** ***** ***** ***** ***** -1.0 FARM FARM CAPITAL CONSUMPTION 11.3 19.8 24.2 -12 .4 -9.1 3.2 19.3 -3.6 I AND NONMONEY LANDLORDS' N E T RENTAL 0.8 -4.2 47.6 -9.9 -13.9 ***** ***** I NONFARM I INCOME | OF THE I FARM UNREALIZED OPERATORS' NET FARM 2.1 -1.6 39.9 -8.9 -12.6 3.0 —3.8 6.3 -3.0 EXCLUDING TOTAL ***** ***** ***** ***** ***** 6.6 YEAR 12.2 —2 . 4 0.8 I 2.6 -1.8 6.6 3. -3. 6. - 3 . 0 8 3 0 -1.0 1.0 3 2 0 3 . . . . 5 4 5 1 1.6 33.9 -8.0 - 1 . 3 CASH PERCENTAGE YEAR 1 1 1 | FLOW CASH 1 TOTAL 1 1 1 -1.4 1945...1 4.8 1946...1 -9.2 1947...I 7.2 1948...1 1949...1 -13.7 1 4.8 1950...1 3.9 1951...1 -3.0 1952...1 -8.2 1953...1 -4.7 1954...I | I INCLUDING NONFARM liNvun t OF THE FARM I 1 1 1 TOTAL 1CUCWLFT11UM» 1 -3.4 1955...1 0.4 1956...I -3.0 1957...1 8.6 19 58 . . . 1 -7.7 1959...1 1 3.8 19 6 0 . . . 1 4.2 1961...I 2.8 1962...1 1.4 1963...1 -1.6 1964...1 1 11.4 1965...1 3.7 1966...1 -4.4 1967...1 0.7 1968...1 6.1 1969...1 1 —2 . 6 1970...1 1.0 1971...1 16.1 1972...| 31.0 1973...1 -17.4 1974...| 1 -7.9 1975...11 —8 . 4 1976...1 11 AND NONMONEY FARM UNREALIZED FARM CASH OPERATORS* NET FARM INCOME FLOW AND NET INCOME I N 1 9 6 7 DOLLARS CHANGE FROM P R E V I O U S INCOME CASH FLOW LANDLORDS*" N E T RENTAL INCOME CAPITAL CONSUMPTION Al t flWANCES TOTAL YEAR FLOW I NONFARM | INCOME I OF THE 1 FARM 1 POPULATION I I 1 I TOTAL 1 11.3 8.4 4.5 4.6 3.3 -8.5 7.8 —1 6 . 7 22.6 - 1 8 . 1 -8.8 3.4 -9.8 10.9 —7 . 6 3.3 -0.8 2.1 0.7 5.6 3.8 5.4 -0.3 -1.1 2.2 5.2 5.9 -2.7 -5.0 1.5 3.6 19.3 7.5 9.5 1.3 1.3 0.8 1.8 2.6 3.7 6 4 8 7 2 4.3 12.5 -13.7 1.7 8.6 4.2 20.4 —24 . 2 1.0 15.7 11.4 4.2 -8.7 1.8 -1.0 1.9 2.3 5.4 2.8 1.8 -2.1 -2.9 19.8 28.5 -12.1 -0.9 1.6 11.1 2.5 -2.9 -3.1 -6.2 26.8 47.0 —16.7 -4.5 -14.3 40.0 70.8 -23.2 —0.8 0.9 49.5 50.5 -21.0 -16.5 —0.8 —4 . 1 0.4 -23.6 -1.8 -40.5 -2.5 -18.1 -15.6 -8.8 3.4 -9.8 10.9 -7.6 3.3 -0.8 2.1 0.7 5.6 -2.3 4.8 -8.0 9.1 -5.1 4.4 4.7 -2.4 —0.8 6.3 —5 . 3 4.8 -10.8 14.5 -10.5 6.8 3.5 -0.5 -3.4 -11.5 3.6 19.3 7.5 9.5 1.3 1.3 0.8 1.8 2.6 3.7 2.7 5.3 2.5 1.7 4.5 0.9 5.2 7.8 6.3 8.0 14.1 4.3 —8. 1 - 1 . 7 7.2 20.2 5.1 -13.3 -4.3 11.3 11.4 4.2 -8.7 1.8 —1.6 1.9 2.3 5.4 2.8 1.8 5.2 8.4 -7.4 3.0 6.7 - 0 . 9 1.6 11.1 2.5 -2.9 -3.7 0.7 19.3 47.7 -23.3 -5.1 -1.0 22.7 65.3 -31.0 -0.8 0.9 49.5 50.5 -21.0 -1.4 4.1 3.2 4.9 3.9 —4. 1 0.4 -9.8 -13.3 -15.7 -21.9 -18.1 —15.6 8.7 4.1 -0.1 -4.6 2.2 —3.6 -8.2 6.6 7.0 -4.7 -9.8 -3.4 5.5 7.2 -7.1 -12.6 -5.0 10.0 1.8 2.7 -13.9 -4.9 4.4 4.7 -2.4 -0.8 6.3 —6 . 1 -1.3 -3.2 12.4 -12.8 —8.6 -1.9 -4.3 16.7 -18.9 0.9 5.2 7.8 6.3 8.0 5.1 3.8 0.7 -0.9 —6.4 6 2 2 4 4 .6 .4 .8 .7 .2 CAPITAL CONSUMPTION ALLOWANCES 10.0 1.8 2.7 -13.9 -4.9 -0. -4. 2. - 3 . -8. -11.6 -18.2 11.3 21.7 22.0 LANDLORDS' NET RENTAL INCOME - 8 6 -8 -1 -15 -2 3 -2 -2 -9 -1.9 18.6 -11.5 -11.1 -16.5 FLOW -11.6 -18.2 11.3 21.7 22.0 11.3 8.4 4.5 4.6 3.3 1.1 10.3 -13.2 8.6 -25.3 OPERATORS' NET FARM INCOME INCOME -1.9 18.6 -11.5 -11.1 —16.5 -4.5 -6.9 -0.8 3.7 10.0 —0.4 8.3 - 1 1 . 4 8.2 -20.2 FARM CASH FARM 0.1 6.8 - 0 . 7 -14.4 -11.6 —1 . 6 5.1 -0.8 -10.6 —7 • 6 -2.4 1.8 -0.8 -7.0 -2.7 -4.5 —6 . 9 —0 . 8 3.7 10.0 AND NONMONEY EXCLUDING UNREALIZED . . . . . 2 1 5 2 3 6 2 2 4 4 1 6 2 6 2 . . . . . -3. 6. -4. -1. -9. 2 7 5 5 8 . . . . . 1 9 0 8 1 - 1 4 3 4 3 . . . . . 4 1 2 9 9 8.7 4.1 139 TABLES 951.1 AND 9 5 1 . 2 140 CASH FLOW AND NET INCOME CURRENT DOLLARS I CASH YEAR TOTAL 1960...| 1961...| 1962...| 1963...| 1964...| 1965...1 1966...| 1967...| 1968...| 1969...| 1970...| 1971...| 1972...| 1973...| 1974...| 1975...| 1976...| FLOW I N C L U D I N G UNREALIZED |OFF-FARM| I INCOME | | OF FARM! I OPERATOR| AND NONMONEY FARM INCOME FARM CASH FLOW TOTAL OPERATORS NET FARM LANDLORDS NET RENTAL 951.1 I. I 25461. 26854. 27965. 29109. 28687. 32623. 35249. 34497. 35987. 39540. 40395. 43009. 50593. 71678. 68198. 69994. 69056. 8482. 9163. 9904. 11020. 11637. 12727. 13882. 14495 . 15466. 16612. 17352. 18780. 20550. 23705. 26405. 28496. 31042. 16979. 17691. 18061. 18089. 17050. 19896. 21367. 20002. 20521. 22928. 23043. 24229. 30043. 47973. 41793. 41498. 38014. II I l_ I 1961...| 1962...| 1963... | 1964...| 1965...I 1966...| 1967...| 1968...| 1969...| 1970...| 1971...| 1972...| 1973...| 1974...| 1975...| 1976...| 11518. 11957. 12064. 11770. 10492. 12899. 13960. 12339. 12322. 14293. 14151. 14633. 18665. 33349. 26130. 24258. 20014. 1124. 1346. 1467. 1623. 1655. 1886. 2023. 1882. 1999. 2061. 2132. 2246. 3491. 5679. 5100. 4600. 4100. 951.2 1393. 1111. 1144. -422. 3936. 2626. -752. 1490. 3553. 855. 2614. 7584. 21085. -3480. 1796. -938. L_ 681. 741. 1116. 617. 1090. 1155. 613. 971. 1146. 740. 1428. 1770. 3155. 2700. 2091. 2546. CASH FLOW EXCLUDING UNREALIZED AND NONMONEY FARM 712. 370. 28. -1039. 2846. 1471. -1365. 519. 2407. 115. 1186. 5814. 17930. -6180. -295. -3484. 439. 107. -294. -1278. 2407. 1061. -1621. -17. 1971. -142. 482. 4032. 14684. -7219. -1872. -4244. CHANGE 222. 121. 156. 32. 231. 137. -141. 117. 62. 71. 114. 1245. 2188. -579. -500. -500. CAPITAL CONSUMPTION TOTAL IOFF-FARMI I INCOME | :| OF FARM! INCOME FARM CASH FLOW jOPERATORj TOTAL OPERATORS• NET FARM LANDLORDS• NET RENTAL CAPITAL CONSUMPTION AMOUNTS I N M I L L I O N S OF DOLLARS 4337. 4388. 4530. 4696. 4903. 5111. 5384. 5781. 6200. 6574. 6760. 7350. 7887. 8945. 10563. 12640. 13900. FROM P R E V I O U S 51. 142. 166. 207. 208. 273. 397. 419. 374. 186. 590. 537. 1058. 1618. 2077. 1260. 21761. 23207. 24094. 25199. 26226. 28289. 31909. 30357. 32306. 35664. 36619. 37654. 45427. 63255. 63827. 59995. 63729. YEAR 8482. 9163. 9904. 11020. 11637. 12727. 13882. 14495. 15466. 16612. 17352. 18780. 20550. 23705. 26405. 28496. 31042. 13279. 14044. 14190. 14179. 14589. 15562. 18027. 15862. 16840. 19052. 19267. 18874. 24877. 39550. 37422. 31499. 32687. 7818 8310 8193 7860 8031 8565 10620 8199 8641 10417 10375 9278, 13499, 24926, 21759, 14259, 14687, 1124. 1346. 1467. 1623. 1655. 1886. 2023. 1882. 1999. 2061. 2132. 2246. 3491. 5679. 5100. 4600. 4100. 492. -117. -333. 171. 534. 2055. -2421. 442. 1776. -42. -1097. 4221. 11427. -3167. -7500. 428. 222. 121, 4337. 4388. 4530. 4696. 4903. 5111. 5384. 5781. 6200. 6574. 6760. 7350. 7887. 8945. 10563. 12640. 13900. I N M I L L I O N S OF DOLLARS 1446. 887. 1105. 1027. 2063. 3620. -1552. 1949. 3358. 955. 1035. 7773. 17828. 572. -3832. 3734. 681. 741. 1116. 617. 1090. 1155. 613. 971. 1146. 740. 1428. 1770. 3155. 2700. 2091. 2546. 765. 146. -11. 410. 973. 2465. -2165. 978. 2212. 215. -393. 6003. 14673. -2128. -5923. 1188. 156. 32. 231. 137. -141. 117. 62. 71. 114. 1245. 2188. -579. -500. -500. 51. 142. 166. 207. 208. 273. 397. 419. 374. 186. 590. 537. 1058. 1618. 2077. 1260. TABLES YEAR 0 5 1 . 3 ! 1 1 1 1 1 1 AND CASH FLOW TOTAL 5.5 1 9 6 1 . . . ! CASH 9 5 1 . 4 INCLUDING UNREALIZED IOFF-FARMI t u r A M C 11 11 liMLUMt | OF FARMI (OPERATOR! TOTAL IFAMILIESI 8 . 0 OPERATORS' NET FARM INCOME 4 , 2 3 . 8 1 9 6 2 . . . 1 4 . 1 8 . 1 2 . 1 1 9 6 3 . . . I 1 9 6 4 . . . ( 4 . 1 1 1 . 3 - 1 . 4 5 . 6 0.2 - 5 . 7 - 1 0 . 9 1 9 6 5 . . . ( 13.7 9 . 4 1 6 . 7 2 2 . 9 1 9 6 6 . . . 1 8 . 0 1 9 6 7 . . . I —2 . 1 9 . 1 4 . 4 7 . 4 —6 . 4 8 . 2 - 1 1 . 6 1 9 6 8 . . . ( 4 . 3 9 . 9 6 . 7 2 . 6 7 . 4 1 1 . 7 - 0 . 1 16.0 4 . 5 0 . 5 8.2 5 . 1 - 1 . 0 3 . 4 2 . 2 6 . 5 1 9 7 0 . . . 1 1 9 7 1 . . . 1 AND NONMONEY FARM INCOME - 2 . 4 INCOME. ALLOWANCES! 951*3 PERCENTAGE CHANGE FROM P R E V I O U S YEAR 19.8 9.0 10.6 2.0 14.0 7.3 -7.0 6.2 3.1 3.4 5.3 55.4 62.7 1 7 . 6 9 .*t 1 9 7 3 . . . 1 1 9 7 4 . . . | 4 1 . 7 - 4 . 9 1 5 . 4 1 1 . 6 2 4 . 0 5 9 . 7 2 7 . 6 7 8 . 7 - 1 2 . 9 —21. 6 -10.2 7 . 9 8 . 9 - 0 . 7 - 8 . 4 - 7 . 2 - 1 7 . 5 -9.8 -10.9 2 c ;> - 1 , 3 1 9 7 6 . . . ( 1.2 3.2 3.7 4.4 4.2 5.3 7.4 7.2 6.0 2.8 8.7 7.3 13.4 18.1 19.7 10.0 1 951.4 1960...1 1961..*( 1962...1 1963...I 19 64 . . . 1 1965...1 1966...! 19 67 . . . 1 1968...( 1969...I 1970...1 1971...1 1972...1 1973...I 1974...I 1975...I 1976...I I 100.0 100.0 100.0 100.0 100 0 100.0 100.c 100.0 100.0 100.0 lOOmO 100.0 100.0 100.0 100.0 100.0 100.0 33.3 34.1 35.4 37.9 40.6 39.0 39.4 42.0 43.0 42.0 43.0 43.7 40.6 33.1 38.7 40.7 45.0 66.7 65.9 64.6 62.1 59.4 61.0 60.6 58.0 57.0 58.0 57.0 56.3 59.4 6 b 9 61.3 59.3 5 5,0 45.2 44.5 43.1 40.4 36.6 39.5 39.6 35.8 34.2 36.1 35.0 34.0 36.9 46.5 38.3 34.7 29.0 "TOTAL CASH FLOW" I S THE SUM OF THE CASH SEE TABLE < OPERATORS AND T H E I R F A M I L I E S . EXCLUDING U N R E A L I Z E D |OFF-FARM| | TNirnMF | | OF FARMI (OPERATOR! IFAMTITFM 1 1 —— CAPITAL 1 LANDLORDS* CONSUMPTION! NET RENTAL 1 9 7 2 . . . 1 1975 . . . ( CASH FLOW 1 FARM CASH FLOW 0 . 9 1 9 6 9 . . . 1 FLOW AND NET INCOME CURRENT DOLLARS 4.4 5.0 5.2 5.6 5.8 5.8 5.7 5.5 5.6 5.2 5.3 5.2 6.9 7.9 7.5 6.6 5.9 TOTAL 6.6 3.8 4.6 4.1 7.9 12.8 -4.9 6.4 10.4 2.7 2.8 20.6 39.2 0.9 —6.0 6.2 8.0 8.1 11.3 5.6 9.4 9.1 4.4 6.7 7.4 4.5 8.2 9.4 15.4 11.4 7.9 8.9 FARM CASH FLOW TOTAL 5.8 1.0 -0.1 2.9 6.7 15.8 -12.0 6.2 13.1 1.1 -2.0 31.8 59.0 -5.4 -15.8 3.8 OPERATORS8 NET FARM INCOME LANDLORDS * NET RENTAL lNCOtt£ 6.3 -1.4 —4. 1 2.2 6.6 24.0 -22.8 5.4 20.6 -0.4 —1 0 . 6 45.5 84.7 -12.7 -34.5 3.0 19.8 9.0 10.6 2.0 14.0 7.3 -7.0 6.2 3.1 3.4 5.3 55.4 62.7 -10.2 -9.8 -10.9 35.9 35.8 34.0 31.2 30.6 30.3 33.3 27.0 26.7 29.2 28.3 24.6 29.7 39.4 34.1 23.8 23.0 5.2 5.8 CAPITAL CONSUMPTION ALLOWANCES 1.2 3.2 3.7 4.4 4.2 5.3 7.4 7.2 6.0 2.8 8.7 7.3 13.4 18.1 19.7 10.0 1 PERCENTAGE OF TOTAL CASH 17.0 16.3 16.2 16.1 17.1 15.7 15.3 16.8 17.2 16.6 16.7 17.1 15.6 12.5 15.5 18.1 20.1 AND NONMONEY FARM INCOME 1 I I I I 100.0 100.0 100.0 100.0 1 1 1 ( I I 100.0 100.0 100.0 100.0 100.0 100.0 ! 100.0 ! 100.0 I I I 1 1 1 100.0 100.0 100.0 100.0 100.0 FLOW 39.0 39.5 41.1 43.7 44.4 45.0 43.5 47.7 47.9 46.6 47.4 49.9 45.2 37.5 41.4 47.5 48.7 61.0 60.5 58.9 56.3 55.6 55.0 56.5 52.3 52.1 53.4 52.6 50.1 54.8 62.5 58.6 52.5 51.3 6.1 6.4 6.3 6.7 6,3 6.2 6.2 5.8 5.8 6.0 7.7 9.0 8.0 7.7 6 .4 19.9 18.9 18.8 18.6 18.7 18.1 16.9 19.0 19.2 18.4 18.5 19.5 17.4 14.1 16.5 21.1 21.8 OF FARM 141 TABLES 9 5 2 . 1 AND 9 5 2 . 2 142 CASH FLOW AND NET INCOME I N 1 9 6 7 DOLLARS I 1 | 1 YEAR 1 1 1 CASH FLOW I N C L U D I N G UNREALIZED AND NONMONEY FARM urr-rAKn| 1 INCOME 1 TOTAL OP FARM| OPERATORI - I F AMI L I F S i TOTAL OPERATORS' NET FARM INCQMF LANDLORDS' NET RENTAL INCOME 28270. 29715. 30525. 31453. 30791. 34227. 35923. 34497. 34479. 36359. 35610. 36314. 41091. 53843. 45090. 42023. 39250. 9418. 10139. 10810. 11908. 12490. 13353. 14147. 14495. 14818. 15275. 15297. 15856. 16690. 17807. 17458. 17108. 17644. 18853. 19576. 19714. 19546. 18300. 20874. 21775. 20002. 19661. 21083. 20313. 20457. 24400. 36036. 27632. 24914. 21607. 12789 13231 13168 12718 11261 13533 14227 12339 11806 13143, 12475, 12355, 15159, 25051, 17276, 14564. 11376. 1248. 1489. 1601. 1754. 1776. 1979. 2062. 1882. 1915. 1895. 1879. 1896. 2835. 4266. 3372. 2762. 2330. 952.2 1961...J 1962...| 1963...| 1964...J 1965...| 1966...| 1967...! 1968...I 1969...! 1970...I 1971...! 1972...I 1973...| 1974...| 1975...1 1976...| 1444. 810. 929. -663. 3437. 1695. -1426. -18. 1880. -749. 704. 4777. 12752. -8753. -3067. -2772. 1 721. 671. 1097. 583. 863. 794. 348. 323. 458. 21. 560. 834. 1116. -349. -350. 535. 723. 138. -168. -1246. 2 574. 901. -1773. -341. 1422. -770. 144. 3943. 11636. -8404. -2717. -3308. 442 -63 -450 -1457 2272 693 -1888 -533 1337 -668, -120, 2804, 9892, -7775, -2712, -3188, CHANGE 241. 112. 152. 23. 202. 83. -180. 33. -20. -16. 17. 939. 1431. -894. -610. -431. | * FARM CASH FLOW 952.1 1960. ..1 1961. . . 1 1962. . . 1 1963. • . 1 1964. . . I 1965. • • 1 1966. . . 1 1967. • . 1 1968. . • I 1969. . . 1 1970. . • 1 1971. • • 1 1972. • • 1 1973. • • 1 1974. • • 1 1975. • • 1 1976. • . 1 1 INCOME CASH FLOW EXCLUDING UNREALIZED AND NONMONEY FARM INCOME 1 1 CAPITAL | CONSUMPTION! ALLOWANCES! TOTAL — lOFF-FARMl 1 INCOME 1 1 OF FARM| (OPERATOR! TOTAL IFAMTI TFCI FARM CASH FLOW OPERATORS• NET FARM LANDLORDS' NET RENTAL luuuclc trcuun r 8681. 9195. 8943. 8493. 8620. 8986. 10823. 8199. 8279. 9579. 9146. 7834. 10964. 18724. 14386. 8561. 8348. 1248. 1489. 1601. 1754. 1776. 1979. 2062. 1882. 1915. 1895. 1879. 1896. 2835. 4266. 3372. 2762. 2330. 4816. 4855. 4945. 5074. 5263. 5362. 5487. 5781. 5940. 6045. 5959. 6206. 6406. 6719. 6984. 7589. 7901. 241, 112. 152. 23. 40. 89. 130. — CAPITAL CONSUMPTION a l l o w a ^ c AMOUNTS IN M I L L I O N S OF DOLLARS 4816. 4855. 4945. 5074. 5263. 5362. 5487. 5781. 5940. 6045. 5959. 6206. 6406. 6719. 6984. 7589. 7901. 24162. 25679. 26299. 27228. 28149. 29680. 32519. 30357. 30952. 32794. 32281. 31792. 36895. 47516. 42200. 36020. 36223. FROM PREVIOUS YEAR 40. 89. 130. 188. 100. 125. 294. 159. 105. -86. 247. 200. 314. 265. 605. 312. 9418. 10139. 10810. 11908. 12490. 13353. 14147. 14495. 14818. 15275. 15297. 15856. 16690. 17807. 17458. 17108. 17644. 14744. 15540. 15489. 15321. 15659. 16327. 18371. 15862. 16134. 17519. 16985. 15936. 20205. 29709. 24742. 18911. 18579. I N M I L L I O N S OF DOLLARS 1517. 620. 929. 921. 1531. 2838. -2162. 595. 1843. -513. -489. 5103. 10620. -5316. -6180. 203. 721. 671. 1097. 583. 863. 794. 348. 323. 458. 21. 560. 834. 1116. -349. -350. 535. 796. -51. -168. 338. 668. 2044. -2509. 272. 1385. -534. -1049. 4269. 9504. -4967. -5831. -332. 515 -252 -450 127 366 1837 -2624 80, 1300, -433, -1312, 3130, 7760, -4338. -5825. -213. 202. 83. -180. 33. -20. -16 . 17. 939. 1431. -894. -610 . -431 . 186. 100. 125. 294. 159. 105. —86. 247. 200. 314. 265. 605. 312. TABLES 9 5 2 . 3 CASH FLOW AND NET INCOME I N 1 9 6 7 DOLLARS AND 9 5 2 , 4 CASH FLOW I N C L U D I N G UNREALIZED I YEAR | TOTAL |OFF-FARMl T M f r\u c 1 1 |1 INCOME | OF FARMI |OPERATOR 1 TOTAL iI cr na nmAtUi It cU c I 1 AND NONMONEY FARM INCOME FARM CASH FLOW 1 — — CAPITAL 1 OPERATORS* LANDLORDS' CONSUMPTION! NET FARM NET RENTAL Al1nWANCESl TKirnMP INCOME 952.3 1 1961...1 1962...1 1963...1 1964... I 1965...1 1966...1 1967...I 1968...1 1969 . . . I 1970...1 1971...1 1972...1 1973...1 1974...1 1975...I 1976...1 1 5.1 2.7 3.0 -2.1 11.2 5.0 —4.0 -0.1 5.5 -2.1 2.0 13.2 31.0 -16.3 —6.8 —6.6 3.8 0.7 —0.9 -6.4 14.1 4.3 —8 . 1 -1.7 7.2 -3.7 0.7 19.3 47.7 -23.3 -9.8 -13.3 7.7 6.6 10.1 4.9 6.9 5.9 2.5 2.2 3.1 0.1 3.7 5.3 6.7 -2.0 -2.0 3.1 3.5 -0.5 -3.4 -11.5 20.2 5.1 -13.3 -4.3 11.3 —5. 1 —1.0 22.7 65.3 -31.0 -15.7 -21.9 1 66.7 65.9 64.6 62.1 59.4 61.0 60.6 58.0 57.0 56.0 57.0 56.3 59.4 66.9 61.3 59.3 55.0 33.3 34.1 35.4 37.9 40.6 39.0 39.4 42.0 43.0 42.0 43.0 43.7 40.6 33.1 38.7 40.7 45.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 0.8 19.3 7.5 9.5 1.3 11.4 4.2 -8.7 2.6 3.7 1.9 2.3 5.4 2.8 1.8 1.8 -1.4 4.1 3.2 4.9 3.9 8.7 4.1 0.9 49.5 50.5 -21.0 -18.1 -15,6 THE P R I C E DEFLATOR USED IS s s t t i i ' U ' K j ' S i L S . " S K / S INDEX OF P R I C E S s s , , 100.0 100,0 100,0 100,0 100,0 100,0 100,0 100,0 100,0 100,0 100,0 100,0 100.0 100.0 100.0 100,0 100.0 P A I D BY $ , s i $ s s , 1 FARM CASH FLOW OPERATORS' NET FARM INCOME LANDLORDS' NET RENTAL INCOME CAPITAL CONSUMPTION 5,9 -2,7 -5,0 1,5 4,2 20,4 -24,2 1,0 15,7 -4,5 -14.3 40.0 70.8 -23.2 -40.5 -2.5 19.3 7.5 9.5 1.3 11.4 4.2 -8.7 1.8 -1.0 —0 . 8 0.9 49.5 50.5 -21.0 -18.1 -15.6 0.8 1.8 2.6 -1.4 4. 1 3.2 4,9 3,9 8,7 4,1 5,2 5,8 6,1 6,4 6.3 6.7 6.3 6.2 6.2 5.8 5.8 6.0 7.7 9.0 8.0 7.7 6.4 19.9 18.9 18.8 18.6 18.7 18.1 16.9 19.0 19.2 18.4 18.5 19.5 17.4 14.1 16.5 21.1 21.8 5,4 -0,3 -1.1 2.2 4.3 12.5 -13.7 1.7 8.6 —3. 1 -6.2 26.8 47.0 —16.7 -23,6 -1,8 7,7 6.6 10.1 4.9 6.9 5.9 2.5 2.2 3.1 0.1 3.7 5.3 6.7 -2.0 -2.0 3.1 OF TOTAL CASH 17,0 16,3 16.2 16.1 17.1 15.7 15.3 16.8 17.2 16.6 16.7 17,1 15,6 12.5 15.5 18.1 20.1 4,4 5,0 5.2 5.6 5.8 5.8 5.7 5.5 5.6 5.2 5.3 5.2 6.9 7.9 7.5 6.6 5,9 THE ANNUAL AVERAGE USDA PERCENTAGE IOFF-FARMl I INCOME | _ | OF FARMI IOPERATOR I TOTAL IFAMTLIFRI INCOME ALLOWANCES FROM P R E V I O U S YEAR 6.3 2.4 3.5 3.4 5.4 9,6 —6.6 2.0 6.0 —1.6 -1.5 16.1 28.8 -11.2 -14,6 0,6 1.8 -1.0 -0.8 45.2 44.5 43.1 40.4 36.6 39.5 39.6 35.8 34.2 36.1 35.0 34.0 36.9 46.5 38.3 34.7 29,0 TOTAL PERCENTAGE CHANGE 952,4 1960. 1961. 1962. 1963. 1964. 1965. 1966. 1967. 1968. 1969. 1970. 1971. 1972. 1973. 1974. 1975. 1976. CASH FLOW EXCLUDING U N R E A L I Z E D AND NONMONEY FARM I 2.8 1,8 FLOW FOR FAMILY u s M n ! i . i " H 5 35.9 35.8 34.0 31.2 30.6 30.3 33.3 27.0 26.7 29.2 28.3 24.6 29.7 39,4 34,1 23,8 23,0 61.0 60.5 58.9 56,3 55,6 55,0 56.5 52.3 52,1 53,4 52,6 50,1 54,8 62.5 58.6 52,5 51,3 39.0 39,5 41,1 43,7 44,4 45,0 43.5 47.7 47.9 46,6 47,4 49,9 45,2 37.5 41.4 47.5 48.7 FARMERS 3.7 1.9 2.3 5.4 , 5 t ? LIVING , s ITEMS. r&r&jrsrnssn l t 3 TABLE 144 1001.1 INDEX 1 L YEAR 9 9 9 9 9 1 1 1 1 1 0 1 2 3 4 . . . . . | | | | | 1 1 1 1 1 9 9 9 9 9 1 1 1 1 1 5... 6... 7... 8... 9 . . . | | | . . . . . 1920. 1 9 2 1 . 1 9 2 2 . 1923. 1 9 2 4 . . . . . . 1925... 1926... 1927... 1928... 1 9 2 9 . . . | | 0 1 2 3 4 . . . . . . . . . . . . . . . | | | | | | | 9 9 9 9 9 4 4 4 4 4 0 . . . | 1 . . . | 2...| 3...| 4...| 1 1 BY FARMERS FOR FAMILY L I V I N G CHANGE— FROM P R E V I O U S YEAR ( B A S E D ON ANNUAL A V E R A G E S 1 1 | YEAR ***** 0.0 1.0 0.0 2.0 1 1 1 1 1 9 9 9 9 9 4 4 4 4 4 5 6 7 8 9 . . . . . . . . . . . . . . . | | | | | ***** ***** ***** ***** .3 .7 .4 .8 .7 ***** ***** ***** ***** 32 35 44 52 62 ***** ***** 2.0 10.6 24.3 18.9 18.8 1 1 1 1 1 9 9 9 9 9 5 5 5 5 5 0 1 2 3 4 . . . . . . . . . . . . . . . | | | | | ***** ***** ***** ***** ***** 70.8 50.9 47.5 48.4 48.4 ***** ***** ***** ***** ***** 12.9 -28.1 -6.7 2.0 0.0 1 1 1 1 1 9 9 9 9 9 5 5 5 5 5 5 6 7 8 9 . . . . . . . . . . . . . . . | | | | | ***** ***** ***** ***** ***** 50.0 49.1 48.1 48.4 47.8 ***** ***** ***** ***** ***** 3 -1 -1 0 -1 .2 .9 .9 .6 .3 1 1 1 1 1 9 9 9 9 9 6 6 6 6 6 0 1 2 3 4 . . . . . . . . . . . . . . . | | | | | ***** ***** ***** ***** ***** 44.7 38.5 32.9 33.5 37.9 ***** ***** ***** ***** ***** -6.5 -13.9 -14.5 1.9 13.0 1 1 1 1 1 965...| 966...1 967...| 968...| 969...| ***** ***** ***** 38.5 38.5 39.8 37.9 37.3 ***** ***** ***** ***** ***** 1.6 0.0 3.2 - 4 . 7 —1. 6 19 19 19 19 19 0.8 15.6 12.1 8.9 4.1 0.8 7.4 14.6 11.4 5.4 1975...| 1976...| 1977...| ***** ***** 37.6 37.9 43.8 49.1 53.4 IS EXTENDED 3 4 4 5 5 7 0 6 1 4 . . . . . 6 4 3 6 3 BEYOND DECEMBER 1976 BY REFERENCE 7 7 7 7 7 0 1 2 3 4 . . . . . . . . . . . . . . . | | | | | CHANGES ITEMS 1967=100 1 1 1 1 1 1 IN PERCENTAGE CHANGE— JANUARY ANNUAL AVERAGE D U R I N G YEAR (JANUARY-TOIAMI IAD V 1 55.6 57.8 71.1 78.6 77.0 56.5 62.7 73.6 78.0 75.5 3.9 23.1 10.5 - 2 . 0 -4.0 4.0 11.0 17.3 5.9 -3.2 73.9 80.7 84.2 83.5 83.5 76.4 83.2 84.2 83.5 83.9 9.2 4.2 -0.7 0.0 0.4 1.2 8.9 1.1 -0.7 0.4 83.9 83.9 86.3 88.5 89.1 83.9 85.1 87.6 89.1 89.4 0.0 3.0 2.5 0.7 0.7 0.0 1.5 2.9 1.8 0.3 89.8 90.4 91.0 92.2 92.5 90.1 90.4 91 .6 92.5 93.2 0.7 0.7 1.4 0.3 2.3 0.7 0.3 1.4 1.0 0.7 94.7 96.6 99.1 101.6 105.9 95.3 98.1 100.0 104.4 108.8 2.0 2.6 2.5 4.3 5.3 2.3 3.0 1.9 4.4 4.2 111.6 115.6 120.3 125.9 140.0 113.4 118.4 123.1 133.1 151.3 3. 4. 4. 11. 15. 161.3 171.9 182.2 166.6 175.9 ***** 6.6 6.0 ***** 1 1 1 1 TO PERCENTAGE INDEX, | 1 ***** ***** ***** ***** ***** 1 INDEX PAID 30.7 30.7 31.1 31.1 31.7 1 ... THE D U R I N G YEAR (JANUARY-TO- PRICES ***** ***** ***** ***** ***** 1 1 ANNUAL AVERAGE PERCENTAGE - . JANVARX1. 1 | 1935...| 1936...| 1937...| 1 9 3 8 . . . | 1 9 3 9 . . . | 1 1 1 1 1 JANUARY | | | | | | 3 3 3 3 3 . . . . . 1 1 1 | . . . . . 9 9 9 9 9 1967=100 | 1 1 1 1 1 1 1 1 1 1 INDEX, OF THE BLS CONSUMER PRICE 6 1 7 2 2 INDEX FROM P R E V I O U S AYEAR KU fl 1( BIAAS E1D iONur n a r* r~ r* ANNUAL A V E R A G E S ) 4. 4. 4. 8. 13. 3 4 0 1 6 10.1 5.6 *****