The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
AGRICULTURAL FINANCE DATABOOK N ovem ber 1979 A nnual Series, O utlook C onference Issue Section 100 Outstanding D e b t.............................................................................. 200 Lending Experience of Nonbank Institutions..................................20 i 400 Interest Ratos....................................................................................... 27 500 Balance Sheet, Assets, and Capital G a in s......................................... 20 600 Real Estate Market Developments...................................................... 53 700 Flow of F u n d s.....................................................................................63 800 Capital Expenditures, Consumption, andNet Investm ent.............. 71 900 Income, Expenses, and Cash F lo w ................................................... 81 1000 Consumer Price I n d e x ....................................................................... 99 Data shown for the year 1979 and for January I, 1980. are estimates prepared by the U.S. Department of Agriculture for its Agricultural Outlook Conference, November 5 8, 1979, except as noted inside front cover. Em anuel M elichar M artha W aldheger 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. THE AGRICULTURAL FINANCE DATABOOK IS MAINTAINED BY THE AUTHORS FOR THEIR USE IN ANALYSIS OF CURR£NT DEVELOPMENTS IN AGRICULTURAL FINANCE. I T PROVIDES A CONVENIENT COMPILATION OF THE MAJOR FINANCIAL SERIES AND ACCOUNTS AND PRESENTS MANY ANALYTICAL RATIOS AND OTHER TRANSFORMATIONS OF THESE DATA. THESE MEASURES ARE THUS ALWAYS AT HAND TO PROVIDE HISTORICAL PERSPECTIVE AND ANALYTICAL IN SIGHT USEFUL IN INTERPRETING CJRRENT DATA AND EVENTS. SPECIAL DATABOOK FEATURES INCLUDE: BALANCE SHEET DATA IN 1967 DOLLARS; NET INVESTMENT AND CAPITAL GAINS IMPLICIT IN BALANCE SHEET DATA; A FLOW OF FUNDS ACCOUNT BASED ON USDA BALANCE SHEET, CAPITAL EXPENDITURES, AND CAPITAL CONSUMPTION DATA; AND SERIES SHOWING FARM CASH FLOW AND TOTAL FARM AND OFF-FARM INCOME IN BOTH CURRENT AND 1967 DOLLARS. IN ACCORDANCE WITH CURRENT USDA PRACTICE, THE BLS CONSUMER PRICE INDEX IS NOW USED AS THE PRICE DEFLATOR WHEN SERIES ARE SHOWN IN 1967 DOLLARS. THE DATABOOK IS DESIGNED FOR ECONOMISTS FAMILIAR WITH THE SERIES SHOWN; OTHERS SHOULD CONSULT THE SOURCES AND OTHER LITERATURE CITED FOR INFORMATION ON THE D E F IN IT IO N S , USES, AND LIMITATIONS OF THE DATA. FOR SEVERAL SECTIONS, ORI GINATING AGENCIES PROVIDED MORE D E T A IL , AND THEIR COOPERATION IS MUCH APPRECI ATED. THE AUTHORS WELCOME SUGGESTIONS AND CORRECTIONS FROM READERS. EXCEPT AS NOTECT BELOW, DATA SHOWN FOR THE YEAR 1979 AND FOR JANUARY 1, 1980, ARE ESTIMATES PREPARED BY THE U . S . DEPARTMENT OF AGRICULTURE FOR I T S AGRICULTURAL OUTLOOK CONFERENCE, NOVEMBER 5 - 8 , 1979. SEE AuR I CULTURAL FINANf.F QU1LQQ&* AFO—20, NOVEMBER 1979, AND CONFERENCE PAPERS ON "FARM INCOME AND FINANCIAL CONDITIONS," BY GEORGE HOFFMAN, AND "AGRICULTURAL FINANCE OUTLOOK," BY DEAN W. HUGHES. THE FOLLOWING DATA FOR 1979 WERE ESTIMATED BY THE AUTHORS IN ORDER TO COMPLETE THE FLOW-OF-FUNDS ACCOUNT IN SECTION 710: ( 1 ) VALUE OF REAL ESTATE TRANSFERS; (21 CAPITAL EXPENDITURES AND CAPITAL CONSUMPTION ALLOWANCES FOR "BUILDINGS AND LAND IMPROVEMENTS" AND "MACHINERY" (ALSO SHOWN IN SECTION 8 0 0 ) ; ( 3 ) NET ADDITIONS TO INVENTORIES OF LIVESTOCK AND STORED CROPS. THE FOLLOWING ADDITIONAL DATA FOR 1979 WERE ALSO ESTIMATED IN ORDER TO COMPLETE THE INCOME ACCOUNTS IN SECTION 900 (WHICH ARE ALSO THE SOURCE OF THE FARM INCOME AND CASH FLOW SERIES SHOWN IN SECTIONS 500 AND 7 0 0 ) : ( 1 ) NONFARM INCOME OF THE FARM POPULATION; ( 2 ) OFF-FARM INCOME OF FARM OPERATOR F A M IL IE S; ( 3 ) FARM INCOME DETAIL IN SECTION 920 (OTHER THAN "MARKETINGS") AND PRODUCTION EXPENSE DETAIL IN SECTION 930 (THESE ESTIMATES REFLECT MINOR ADJUSTMENTS TO PROJECTIONS PROVIDED BY THE USDA). VALUES OF THE CONSUMER PRICE INDEX FOR THE 1979 ANNUAL AVERAGE AND FOR JANUARY 1980 WERE ESTIMATED AS SHOWN IN TABLE 1001.1 FGR USE IN CALCULATING THE CONSTANT-DOLLAR SERIES IN SECTIONS 500 AND 900, AS WELL AS THE IM P LI CI T REAL CAPITAL GAINS SERIES IN TABLE 5 4 4 . 1 . AGRICULTURAL FINANCE DATABOOK— ANNUAL SERIES 100 NOVEMBER 1979 OUTSTANDING FARM DEBT 110 TOTAL DEBT 111 JANUARY 1, 111.1 111.2 111.3 11 1.4 1 11 .5 120 1940-DATE AMOUNTS.............................................................................................................................................2 CHANGE DURING YEAR.................................................................................................................. 3 PERCENTAGE CHANGE DURING YEAR.........................................................................................4 PERCENTAGE D IS T R IB U T IO N , INCLUDING CCC LOANS.................................................... 5 PERCENTAGE D IS T R I B U T IO N , EXCLUDING CCC LOANS.................................................... 6 REAL ESTATE DEBT 121 JANUARY 1, 121.1 121.2 121.3 12 1.4 121.5 12 1.6 130 1910-DATE (EXCEPT AS NOTED) AMOUNTS.............................................................................................................................................7 CHANGE DURING YEAR...................................................................................................................8 PERCENTAGE CHANGE DURING YEAR.........................................................................................9 PERCENTAGE D IS T R I B U T IO N .....................................................................................................10 PERCENTAGE OF TOTAL DEBT INCLUDING CCC LOANS, 19 40 -D AT E ........................ 11 PERCENTAGE OF TOTAL DEBT EXCLUDING CCC LOANS, 19 40 -D AT E........................ 12 NON-REAL-ESTATE DEBT 131 JANUARY 1, 131.1 131.2 131.3 13 1.4 131.5 131.6 131.7 SOURCE: 1940-DATE AMOUNTS ................................. 13 CHANGE DURING YEAR................................................................................................................ 14 PERCENTAGE CHANGE DURING YEAR...................................................................................... 15 PERCENTAGE D I S T R I B U T IO N , INCLUDING CCC LOANS.................................................. 16 PERCENTAGE D IS T R I B U T IO N , EXCLUDING CCC LOANS.................................................. 17 PERCENTAGE OF TOTAL DEBT INCLUDING CCC LOANS...................................................18 PERCENTAGE OF TOTAL DEBT EXCLUDING CCC LOANS.................................................. 19 AGRICULTURAL. FINANCE.SIAIlSIiCS* ECONOMICS* S T A T I S T I C S , AND COOPERATIVES SERVICE, U . S . DEPARTMENT OF AGRICULTURE. 1 2 TABLE 111.1 YEAR OUTSTANDING FARM DEBTt JANUARY 1 AMOUNTS IN MILLIONS OF DOLLARS 1 1 1 1 1 1 1 1 9 4 0... 1 9 4 1... 1 94 2... ..1 1 9 4 3... 1 94 4... 194 5... 1 94 6... 1 94 7... ..1 194 8... 1 9 4 9... ..1 1 1 9 5 0... 1 9 5 1... • • I 195 2... 1 9 5 3... 195 4... 1 95 5... ..1 1 9 5 6... ..1 195 7... 1 95 8... 195 9... fI 196 0... 1 96 1... ..1 1962 . . . 1 9 6 3... 1 9 6 4 ... 1 96 5... 196 6... 1 96 7... 196 8... 196 9... 1 1 197 0... 1 9 7 1... ..1 1 97 2... 1 9 7 3... 197 4... 197 5... 1 97 6... 1 97 7... 197 8.... . . 1 1 97 9... 1 L 1 98 0... _L_ DEBT INCLUDING CCC LOANS TOTAL CCC LOANS 10036. 10470. 10469. 990 1. 8873. 83*3. 7906. 8413. 9238. 11370. 445. 629 . 610. 773. 589. 683. 277. 65 . 84. 1152. 1 I 1 1 1 | 1 1 1 1 1 1 1 1 1 1 1 12454. 13050. 14644. 16100. 16933. 17661. 18793. 19344. 20411. 23650. 1721. 812. 588. 1184. 2390. 2219. 1870. 1563. 1215. 2473. 24775. 26179. 28466. 31387. 34387. 36804. 40658. 44027. 47397. 50455. 1165. 1390. 1866. 2055. 1926. 1543. 1408. 1157. 1420. 2671. 53026. 54484. 59114. 65345. 74137. 81832. 90832. 102635. 119273. 137472. 2676. 1876. 2262. 1793. 750 . 319. 358. 4489. 5242. 157862. 45G0 • DEBT EXCLUDING CCC LOANS TOTAL BANKS COOPERATIVE LI FE FARM INSURANCE CREDIT COMPANIES SYSIEM. _ _ FARMERS HOME ADMINIS TRATION INDIVIDUALS AND OTHERS 9590. 9841. 9859. 9129. 8284. 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. 1036. 450. 527. 602. 686. 695. 648. 597. 592. 568. 539. 3721. 3852. 3790. 3479. 3094. 2895. 3056. 3508. 3869. 4431. 1 1 1 1 1 1 1 1 1 1 10733. 12239. 14056. 14916. 14543. 15442. 16922. 17781. 19196. 21176. 2981. 3510. 4138. 4264. 3855. 4095. 4584. 457 8. 4921. 556.8. 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. 611 6. 649 0. 627 6. 658 4. 7062. 7352. 7870. 8669. i i i i i i 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. 42 88. 4802. 5214. 5540. 5764. 1074. 1142. 1444. 1614. 1765. 1929. 2214. 2401. 2642. 2876. 9588. 9982. 10495. 11504. 12613. 13548. 14990. 15866. 16205. 16005. 50350. 52608. 56852. 635 52 . 73387. 81514. 90474. 101621• 114784. 132230. 13875. 14874. 16717. 19107. 22625. 24204. 26456. 30064. 33490. 36830. 11384. 12660. 14195. 15909. 19062. 23296. 27073. 31055. 35273. 40144. 5734. 5610. 5564. 5643. 5965. 6297. 6726. 74 QO. 8819. 10166. 3065. 3235. 3389. 3616. 3891. 4259. 5141. 5535. 7123. 99 01. 16293. 16228. 16987. 19277. 21845. 23458. 25078. 275 66 . 30079. 35 187. 153362. 39372. 47760. 11900. 14300. 40 0 30 . a 1 1012. i i i i 1 1 i i i i i \ i i ti i i ___L TABLE 111.2 3 OUTSTANDING FARM DEBT CHANGE DURING YEAR IN MILLIONS OF DOLLARS DEBT INCLUDING CCC LOANS 1 1 1 | 1 DEBT EXCLUDING CCC LOANS 1 I 1 1 1 TOTAL CCC LOANS 1940.......... 1941.......... 1942.......... 1943.......... 1944.......... 1945.......... 1946.......... 1947.......... 1948.......... 1949.......... I 1 | | | I I J I | 435. -1 . -5 68 . -1028. -5 30 . -4 3 7 . 507. 825. 2132. 1084. 184. -1 9. 163. -1 83. 94 . -4 06 . -2 1 2 . 19. 1068. 569. 251. 18. -730. -845. -623. -3 2. 719. 807. 1064. 514. 93. 81. -2 07 . -17. 14. 143. 431. 461. 410. 137. -8 2 . -124 . -275. -3 9 6 . -3 43 . -238 . -1 56. -6 3 . 45. 34. 32. 47. -20. -56. -4 8 . -4 7 . -3 . 71. 77. 136. 76. 76. 84. 9. -4 7 . -51. -5 . -2 4 . -29. 9. 131. -61. -3 1 2 . -3 84. -1 9 9 . 161. 4 52 . 361. 56i . 198. 1950.......... 1951.......... 1952.......... 1953.......... 1954.......... 1955........... 1956.......... 1957........... 1958.......... 1959.......... | | | | I | I | I I 596. 1594. 1456. 834. 728. 1132. 551. 1067. 3238. 1126. -9 10 . -2 23 . 596. 1206. -1 71 . -3 49 . -3 08 . -3 48 . 1259. -1 30 8. 1506. 1817. 860. -372 . 898. 1481. 859. 1415. 1980. 2434. 530. 627 . 127. -4 10 . 241. 489. -6 . 343. 647. 774. 101. 162. 111. 15. 123. 272. 295. 369. 413. 522. 180. 189. 174. 177. 159. 220. 205. 102. 82. 158. 38. 8. 73. 60. 67. 23. 75. 83. 37. 60. 657 . 830. 375. -2 14 . 308. 478. 290. 518. 799. 919. 1960.......... | 1961.......... | 1962».......... I 1963.......... | 1964.......... | 1965.......... | 1966........... | 1967.......... | 1968.......... I 1969.......... 1 1404. 2287. 2921. 2999. 2417. 3854. 3370. 3369. 3059. 2571. 225. 476. 189. -1 29 . -3 8 3 . -1 35. -2 52 . 263. 1251. 5. 1179. 1810. 2732. 3128. 2800. 3989. 3621. 3106. 1808. 2566. 241. 373. 893. 939 . 618. 878. 1019. 1029. 721. 822. 321. 435. 431. 540. 576. 870. 1128. 1170. 83 0. 1297. 155. 187. 229. 389. 507. 514. 412. 326. 224. -30. 69. 302. 170. 151. 164. 286. 186. 242. 234. 189. 394. 513. 1009. 1109. 935. 1442. 876. 3 39 . -2 00 . 288. 1458. 4630. 6231. 8792. 7695. 9000. 11800. 16641. 18199. 20390. -8 00 . 386. -4 6 9 . -1 04 3. -« 2 . 39. 654. 3477. 753. -7 42 . 2257. 4244. 6700. 9835. 8127. 8960. 11146. 13163. 17446. 21132. 999. 1843. 2390. 3518. 1579. 2252. 3608. 3426. 3340. 2542. 1276. 1534. 1714. 3153. 4234. 3778. 3982. 4218. 4871. 7616. -1 24. -4 6 . 79. 322. 333. 429. 674. 1419. 1349. 1732. 17 0. 154. 227. 275. 369. 882. 394. 1588. 2778. 4399. -6 5 . 759. 2290. 2568. 1613. 1621. 2488. 2513. 5108. 484 3. YEAR TOTAL BANKS COOPERATIVE LIF E FARM INSURANCE CREDIT COMPANIES FARMERS HOME ADMINIS- INDIVIDUALS AND OTHERS _L________________________ SXSIEM________________ 1BAI10N. 1970.......... 1971.......... 1972.......... 1973........... 1974.......... 1975.......... 1976.......... 1977.......... 1978.......... 1979.......... I | | | I | ( | I | 4 TABLE 111.3 OUTSTANDING FARM DEBT PERCENTAGE CHANGE DURING YEAR | | DEBT EXCLUDING CCC LOANS DEBT INCLUDING CCC LOANS YEAR COOPERATIVE LI F E FARM INSURANCE CREDIT COMPANIES SYSTEM FARMERS HOME ADMINIS TRATION INDIVIDUALS AND OTHERS | | CCC LOANS TOTAL BANKS TOTAL 1940.......... 1941.......... 1942.......... 1943.......... 1944........... 1945.......... 1946 .......... 1947.......... 19 48 .......... 1949........... 1 | | | | | I | j | 4.3 -0 .0 -5 .4 -1 0 .4 -6 .0 -5 .2 6.4 9 .8 23.1 9 .5 4 1 .4 -3 .1 2 6. 6 -2 3 .7 15.9 -5 9 .4 -7 6 .6 28 .8 1278.6 49.4 2 .6 0 .2 -7 .4 -9 .3 -7 .5 -0 .4 9 .4 9.7 11 .6 5 .0 6 .5 5 .3 -1 2.9 -1 .2 1 .0 10.2 2 8.0 2 3 .4 16.8 4.8 -2 .7 -4 .3 -9 .8 -1 5 .7 -1 6.1 -1 3 .4 -1 0 .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 1 6. 9 1 4. 4 1 3. 9 1 .3 -6 .8 -7 .8 -0 .9 -4 .0 -5 .1 1 .7 3 .5 -1 .6 -8 .2 -1 1.1 -6 .4 5.6 14.8 10.3 14.5 4 .5 1950.......... 1951.......... 1952.......... 1953 .......... 1954.......... 1955 .......... 1956.......... 1957........... 1958.......... 1959........... | | | 1 1 | I I | I 4.8 12.2 9 .9 5. 2 4 .3 6 .4 2 .9 5.5 15.9 4.8 -5 2 .8 -2 7 .5 101.3 101.9 -7 .1 -1 5 .7 -1 6 .4 -2 2 .3 103.6 -5 2 .9 1 4.0 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 1 3.5 14.9 14 .5 1 6. 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 1960.......... 1961........... 1962........... 1 9 6 3 .... . 1964 .......... 1965.......... 1966 ........... 1967.......... 1968.......... 1969........... 1 j I | 1 I | 1 I 1 5 .7 8 .7 10.3 9 .6 7.0 1 0.5 8. 3 7 .7 6.5 5. 1 19.3 3 4. 2 10.1 -6 .3 -1 9 .9 -8 .7 -1 7 .9 2 2.8 88.1 0 .2 5.0 7 .3 10.3 1 0.7 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 1 0.6 9.5 1 0 .9 10.4 1 4.3 1 6.2 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 1970.......... I 1971.......... | 1972.......... I 1973 .......... | 1974........... I 1975 .......... | 1976 ........... 1 1977.......... | 1978 .......... I 1979........... I 2.7 8 .5 10.5 13.5 1 0. 4 11.0 13.0 16.2 15.3 14.8 -2 9 .* 20 .6 -2 0.7 -5 8 .2 -5 7 .6 12.3 182.8 34 3.7 16.8 -1 4 .2 4 .5 8. 1 11.8 15.5 11.1 11.0 12.3 13 .0 15.2 16.0 7 .2 12.4 14.3 18.4 7.0 9 .3 13.6 1 1. 4 1 0.0 6.9 11.2 12. 1 12. 1 1 9. 8 2 2.2 16.2 1 4.7 1 3.6 1 3.8 19 .0 -2 .2 -0 .8 1.4 5 .7 5.6 6.8 10.0 19.2 15.3 17.0 5 .6 4.8 6.7 7 .6 9. 5 2 0. 7 7. 7 2 8 .7 3 9.0 4 4 .4 -0 .4 4.7 13.5 13.3 7.4 6.9 9 .9 9 .1 1 7.0 13.8 TABLE 111.4 5 OUTSTANDING FARM DEBT, JANUARY 1 PERCENTAGE OF TOTAL (INCLUDING CCC LOANS) 1 1 1. 1 1 DEBT INCLUDING CCC LOANS TOTAL CCC LOANS 1 1 1 I 1 .1 .1 100.0 100.0 100.0 100.0 10 0.0 100.0 10 0.0 100.0 10 0.0 10 0.0 4.4 6.0 5 .8 7 .8 6.6 8 .2 3 .5 0 .8 0.9 10.1 1 9 5 0 . . . . .1 1 9 5 1 . . . . .1 1 9 5 2 . . . . .1 1 9 5 3 . . . . .1 1 9 5 4 . . . . . .i 1955...........1 1 9 5 6 . . . . . .1 1 9 5 7 . . . . . .1 1 9 5 8 . . . . , .1 1 9 5 9 . . . . . .1 100.0 100.0 10 0.0 100.0 100.0 100.0 10 0.0 1 00 .0 10 0.0 1 0 0 .0 1 3.8 6 .2 4 .0 7.4 14.1 1 2.6 10.0 8.1 6.0 10.5 YEAR 1 9 4 0 .... 1 9 4 1 .... 1 9 4 2 .... 1 9 4 3 .... 1 9 4 4 .... 1 9 4 5 .... 1 9 4 6 .... 1 9 4 7 .... 1 9 4 8 .... 1 9 4 9 .... 1 .1 .1 .1 .1 I .1 10 0.0 1960..........,< 1961...........1 10 0.0 10 0.0 1962........... | 1963..........,1 100.0 1964...........1 10 0.0 1 9 6 5 . . . . . .1 100.0 1 9 6 6 . . . . . .1 100.0 1 9 6 7 . . . . . .1 100.0 loo.o 1968.......... , t 1 9 6 9 . . . . , .1 100.0 1 1 9 7 0 . . . . . .1 100.0 1971...........1 100.0 1972...........1 100.0 1 9 7 3 . . . . . »! 100.0 1 9 7 4 . . . . . .1 10 0.0 1 9 7 5 . . . . , .1 100.0 1 9 7 6 . . . . , .1 10 0.0 1 9 7 7 . . . . , ►l 10 0 .0 1978...........1 100.0 1 9 7 9 . . . . , .1 10 0. 0 1 1 9 8 0 . . . . . .1 100.0 A ______________ 4.7 5 .3 6 .6 6.5 5 .6 4 .2 3 .5 2.6 3 .0 5 .3 5.0 3 .4 3 .8 2 .7 1. 0 0.4 0.4 1 .0 3 .8 3 .8 2.9 DEBT EXCLUDING CCC LOANS COOPERATIVE LI FE FARM INSURANCE CREDIT COMPANIES FARMERS HOME AD MINIS- INDIVIDUALS AND OTHERS TOTAL BANKS 1 1 1 1 1 1 1 1 1 1 9 5 .6 9 4 .0 9 4 .2 92 .2 9 3. 4 9 1.8 9 6. 5 9 9. 2 9 9. 1 8 9 .9 14.3 14.6 15.4 14.1 15.6 16.8 19.5 2 3. 4 2 6.3 2 5. 0 2 9 .9 2 7 .9 2 6. 7 2 5 .4 2 3 .9 2 1 .3 19.5 16 .5 14.3 1 2.0 9.8 9. 7 10.2 10.5 11.1 11.2 11.3 10.6 1 0.4 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 3 4. 9 3 4 .7 3 8 .7 4 1 .7 4 1 .9 3 9 .0 1 1 1 1 1 1 1 1 1 1 1 1 I 1 1 1 1 1 1 1 1 1 1 1 8 6 .2 9 3 .8 9 6 .0 9 2 .6 8 5 .9 8 7 .4 9 0 .0 9 1 .9 9 4 .0 8 9. 5 2 3. 9 2 6. 9 28 .3 2 6. 5 2 2 .8 23 .2 2 4 .4 2 3.7 24.1 2 3. 5 11.3 11.5 1 1 .4 11 .0 10.6 10.8 11.6 1 2. 8 1 4. 0 1 3. 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 4 0 .5 4 1 .8 4 0 .3 3 7.1 37.3 3 7. 6 3 8 .0 3 8. 6 3 6 .7 9 5 .3 9 4 .7 9 3 .4 9 3 .5 9 4 .4 9 5. 8 9 6 .5 9 7 .4 9 7 .0 94.7 2 5. 6 25.1 2 4 .4 2 5.0 2 5. 6 2 5. 6 2 5.3 2 5. 7 2 6 .0 2 5 .9 15.3 1 5 .7 1 6 .0 1 5. 8 1 6. 0 16.5 17.1 1 8.4 19 .5 2 0 .0 11.4 11.4 11.1 10.8 1 1.0 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 3 8 .7 38.1 3 6. 9 3 6 .7 3 6 .7 3 6 .8 3 6 .9 3 6 .0 34.2 31 .7 1 1 1 1 1 1 9 5 .0 9 6. 6 9 6. 2 9 7 .3 99.0 9 9 .6 9 9 .6 99.0 9 6. 2 9 6. 2 26 .2 2 7. 3 2 8. 3 29.2 30.5 2 9.6 29.1 2 9 .3 28 .1 2 6. 8 2 1 .5 2 3.2 2 4 .0 2 4 .3 2 5 .7 2 8 .5 2 9 .8 3 0. 3 2 9 .6 2 9. 2 10.8 10.3 9 .4 8 .6 8 .0 7 .7 7 .4 7 .2 7. 4 7 .4 5.8 5 .9 5. 7 5 .5 5 .2 5 .2 5 .7 5 .4 6.0 7 .2 3 0 .7 2 9 .8 2 8.7 2 9 .5 2 9. 5 2 8 .7 2 7 .6 2 6 .9 2 5.2 2 5. 6 9 7.1 2 4. 9 3 0 .3 7 .5 9 .1 2 5 .4 i 1 1 1 1 I 1 _______________ I&AI1QM. 6 TABLE 111.5 YEAR 1 9 4 0 .... 1 9 4 1 .... 1 9 4 2 .... 1 9 4 3 .... 1 9 4 4 .... 1 9 4 5 .... 1 9 4 6 .... 1 9 4 7 .... 1 9 4 8 .... 1 9 4 9 .... OUTSTANDING FARM DEBT EXCLUDING CCC LOANS, JANUARY 1 PERCENTAGE OF TOTAL (EXCLUDING CCC LOANS) 1 I 1 1 1 .1 .1 .1 .1 1 .1 .1 .i .1 1 1950. . . . .1 1 9 5 1 . . . . .1 1 9 5 2 .... ! 1 9 5 3 . . . . . .1 1 9 5 4 . . . . . .1 1 9 5 5 . . . . . .1 1 9 5 6 . . . . . .1 1 9 5 7 . . . . . .1 1 9 5 8 . . . . . .1 1959.......... . i 1 I 9 6 0 . . . . , >1 1961 ........... 1 1962.......... .1 1963 .......... .1 1964.......... .1 1965.......... .1 1966.......... ,\ 1967.......... >1 1 9 6 8 . . . . . .1 1969.......... .1 1 1 9 7 0 . . . . . .1 1971........... | 1 9 7 2 ...... 1 1 9 7 3 . . . . . .1 1974 ........... 1 1 9 7 5 . . . . . .1 1976 ...........1 1 9 7 7 . . . . . .1 1 9 7 8 . . . . . .1 1979 .......... .1 1 1980 ..........>1 LIFE COOPERATIVE FARM INSURANCE CREDIT COMPANIES SYSTEM FARMERS HOME ADMINIS TRATION INDIVIDUALS AND OTHERS 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 8 .5 7 .8 7 .1 6 .2 5 .3 38.8 39.1 38 .4 38.1 37.4 37.8 40. 1 4 2 .0 42.3 4 3. 4 13.1 12 .3 11.9 1 1. 9 12.3 1 2.4 1 2. 9 1 4. 0 14 .8 1 5. 4 10.9 11.1 11.0 1 1.5 1 3.0 13.3 1 3.4 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 4 3.5 43 .5 43.2 4 2. 6 41.7 41.3 4 1.0 4 0.9 2 6 .9 2 6. 6 2 6.2 2 6.8 27.1 2 6. 7 2 6.2 2 6 .4 2 6 .8 2 7.3 1 6 .0 1 6.6 17.1 1 7. 0 1 7. 0 17.3 17.7 1 8. 9 20. 1 2 1 .1 11.9 1 2.0 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 4 0.6 40 .3 39.5 39.2 38.9 38 .4 38.2 37 .0 35.2 33.5 100.0 10 0.0 100.0 10 0.0 100.0 10 0.0 10 0.0 100.0 10 0.0 100.0 2 7 .6 2 8.3 2 9 .4 30.1 3 0 .8 2 9. 7 29 .2 2 9 .6 2 9 .2 2 7 .9 2 2 .6 24.1 2 5 .0 2 5 .0 2 6 .0 2 8 .6 2 9 .9 3 0 .6 3 0 .7 3 0 .4 11.4 10.7 9.8 8 .9 8.1 7 .7 7.4 7.3 7.7 7 .7 6. 1 6 .1 6 .0 5 .7 5. 3 5 .2 5 .7 5 .4 6 .2 7 .5 3 2. 4 3 0.8 2 9.9 30.3 29.8 2 8.8 27.7 27.1 26.2 26 .6 10 0.0 2 5 .7 31 .1 7 .8 9 .3 26.1 TOTAL BANKS 100.0 10 0.0 10 0.0 10 0.0 10 0.0 10 0.0 10 0.0 10 0.0 1 00 .0 100.0 15.0 15.5 16.3 15.3 16.7 18.3 2 0.2 2 3. 6 2 6 .6 2 7. 8 3 1. 3 2 9 .7 2 8 .3 2 7 .6 2 5. 6 2 3.2 2 0 .2 16.6 1 4.5 1 3. 4 100.0 10 0.0 10 0. 0 1 00 .0 10 0.0 10 0.0 10 0.0 10 0 .0 10 0.0 100.0 2 7.8 2 8. 7 2 9 .4 2 8.6 2 6. 5 2 6. 5 27.1 2 5 .7 2 5. 6 2 6 .3 10 0.0 1 00 .0 10 0.0 100.0 100.0 10 0.0 10 0.0 100.0 100.0 100.0 TABLE 121.1 7 OUTSTANDING FARM REAL ESTATE DEBT» JANUARY 1 AMOUNTS IN MILLIONS OF DOLLARS YEAR TOTAL 1 BANKS 1 1 1 1 1 | COOPERATIVE FARM CREDIT SYSTEM FEDERAL LAND BANKS TOTAL \ FEDERAL JO IN TFARM STOCK MORTGAGE LAND CORPORATION___ B AN K S . LIFE 1\ FARMERS | INDIVIDUALS AND INSURANCE! 1 HOME ! COMPANIES! 1 ADMINIS- | OTHERS | TRATION | 1 ....... 11 1 ****** ****** ****** ****** ****** ****** ****** ****** 39. 156. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 2. 8. 387. 423. 480. 550. 597. 670. 766. 861. 956. 1018. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 2415. 2621. 2870. 3124. 3386. 3575. 3715. 4031. 4532. 4924. 294. 639 . 798. 923. 999. 1069. 1145. 1183. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 6 0. 78. 85. 219. 393. 446. 546. 632. 670. 657. 975. 1206. 1432. 1556. 1792. 1943. 2030. 2124. 2173. 2139. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 5916. 7140. 7212. 6865. 6294. 5400. 4960. 4690. 4672. 4732. 1840. 1803. 1733. 1622. 1741. 2841. 3108. 3152. 3084. 2978. 1202. 1197. 1181. 1147. 1258. 1947. 2114. 2148. 2127. 2088. ****** ****** ****** ****** 71. 617. 794. 841. 824. 774. 638. 606. 552. 475. 412. 277. 201. 163. 134. 115. 2118. 2087. 2037. 1898. 1698. 1302. 1112. 1016. 989. 983. ****** ****** ****** ****** ****** ****** ****** ****** ****** 10. 467 5. 456 1. 4384. 4057. 3536. 2943. 2715. 2499. 2381. 2289. 534. 543. 535. 477. 44 8. 45 0. 507. 683. 841. 898. 2815. 2716. 2572. 2299. 1893. 1562. 1322. 1125. 997. 947. 2010. 1957. 1881. 1718. 1453. 1210. 1079. 977. 889. 868 . 713. 685. 635. 544. 430. 347. 239 . 147. 107. 78. 92. 73. 56 . 37 . 10. 5. 984. 1016. 1063. 1043. 987. 938. 891. 889. 960. 1036. 32 . 6 6. 116. 159. 174. 196. 184. 192. 198. 197. 2221. 2152. 2090. 1979. 1894. 1795. 1856. • 2008. 2069. 2211. 5579. 6112. 6662. 7241. 7740. 8245. 9012. 9822. 10382. 11091. 932. 986. 1017. 1069. 1092. 1161. 1275. 1298. 1316. 1408. 965 . 991. 1027. 1095. 1187. 1280. 1480. 1722. 1897. 2065. 906. 947. 994. 1071. 1169. 1267. 1480. 1722. 1897. 2065. 59. 44 . ****** 33. ****** 24. 18. 13. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 1172. 1353. 1542. 1716. 1893. 2052. 2272. 2477. 2579. 2661. 202. 25 7. 2 91 . 330. 35 2. 3 78 . 4 13 . 4 63 . 541 . 608. 2308. 2526. 278 6. 3030. 3216. 3374. 357 2. 3862. 405 0. 434 9. I9 6 0 .... 1 9 6 1 .... 1 9 6 2 .... 1 9 6 3 .... 1 9 6 4 .... 1 9 6 5 .... 1 9 6 6 .... 1 9 6 7 .... 1 9 6 8 .... 1969.• .. 12082. 12820. 13899. 15168. 16804. 18894. 21187. 23077. 25142. 27397. 1523. 1592. 1641. 1870. 2137. 2417. 2607. 2770. 3061. 2335. 2539. 2803. 3024. 3282. 3687. 4240. 4915. 5563. 6081. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 2820. 2975. 3162. 3391. 3781. 4288. 4802. 5214. 5540. 5764. 6 76 . 723 . 9 48 . 1058. 3333. 2335. 2539. 2803. 3024. 3282. 3687. 4240. 4915. 5563. 6081. 1285. 1497. 1663. 1844. 2054. 4728. 4992. 5345. 5824. 643 3. 7 21 8.' 8040. 851 6. 913 5. 10165. 1 9 7 0 .... 1 9 7 1 .... 1 9 7 2 .... 1 9 7 3 .... 1 9 7 4 .... 1 9 7 5 .... 1 9 7 6 . ... 1977 .... 1 9 7 8 .... 1 9 7 9 .... 29183. 30346. 32208. 35758. 41253. 46288. 51069. 56560. 63642. 72232. 3545. 3772. 4218. 4792. 5458. 596 6. 6296. 6781. 7781. 8557. 6671. 7145. 7880. 9050. 10901. 13402. 15950. 18455. 21391. 24619. 6671. 7145. 7880. 9050. 10901. 13402. 15950. 18455. 21391. 24619. ****** ****** ****** ****** ****** ****** ****** 5734. 5610. 5564. 5643. 5965. 6297. 6726. 7400. 8819. 10168. 2280. 244 0. 2618. 283 5. 3013. 32 15 . 336 9. 3658. 39 82. 41 21 . 10953. 11378. 11927. 13437. 15915. 17408. 18728. 20 26 6. 21669. 24767. 1 9 8 0 . ... 83122. 8972. 29540. 29540. ****** 11900. 44 00 . 28310. 1 9 1 0 .... 1 91 1.... 1 9 1 2 .... 1 91 3 .... 1914.••• 1 9 1 5 .... 1 91 6 .... 1 9 1 7 .... 1 91 8 .... 1 91 9.... 3208. 3522. 3930. 4348. 4707. 4991. 5256. 5826. 6537. 7137. 406. 478. 580. 674. 724. 746. 776. 934. 1008. 1030. ****** ****** ****** ****** ****** ****** ****** ****** 41. 1920. . . . 1 9 2 1 .... 1 9 2 2 .... 1 9 2 3 .... 1 9 2 4 .... 1 9 2 5 .... 1 9 2 6 .... 1 9 2 7 .... 1 92 8.... 1 9 2 9 .... 8449. 10221. 10702. 10786. 10665. 9913. 9713. 9658. 9757. 9757. 1204. 1447. 1540. 1506. 1388. 1178. 1144. 1097. 1047. 354. 428. 518. 858. 1190. 1370. 1544. 1701. 1815. 1839. 1 9 3 0 .... 1 9 3 1 .... 1 9 3 2 .... 1 9 3 3 .... 1 9 3 4 .... 1 9 3 5 .... 1 9 3 6 .... 1 9 3 7 .... 1 9 3 8 .... 1 9 3 9 .... 9631. 9398 «. 9094. 8466. 7685. 7584. 7423. 7154. 6955. 6779. 997. 947* 940. 889. 711. 499. 488. 488. 501. 519. 1 9 4 0 .... 1 9 4 1 .... 1942 . . . . 1 9 4 3 .... 1 9 4 4 .... 1 9 4 5 .... 1 9 4 6 .... 1 9 4 7 .... 1 9 4 8 .... 1 94 9.... 6586. 6494. 6376. 5956. 5396. 4941. 4760. 4897. 5064. 5288. 1 9 5 0 .... 1 9 5 1 .... 1 9 5 2 .... 1 9 5 3 .... 1 95 4.... 1 9 5 5 .... 1 9 5 6 .... 1 9 5 7 .... 1 9 5 8 .... 1 9 5 9 .... -J---------- 1200. 165. 350. 433. • ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 3. 2. 1. 0. 0. ****** ****** ****** ****** ****** ****** ****** 1171. TABLE 121.2 OUTSTANDING FARM REAL ESTATE DEBT CHANGE DURING YEAR IN MILLIONS OF DOLLARS I 1 1 1 1 | 1 YEAR TOTAL | BANKS 1 1. 1 1 1 | COOPERATIVE FARM CREDIT SYSTEM TOTAL FEDERAL LAND BANKS FEDERAL FARM MURTGAGE CORPORATION JO IN TSTOCK LAND BANKS . 1 LIFE | FARMERS HOME INSURANC El COMPANI ESI ADMINIS TRATION 1 I INDIVIDUALS I AND I OTHERS 1 314. 408. 418. 360. 283. 266. 569. 711. 601. 1311. 71. 103. 93. 50. 22. 30. 158. 75. 22. 174. ****** ****** ****** ****** ****** ****** ****** 41 . 124. 189. ****** ****** ****** ****** ****** ****** ****** 39. 117. 137. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 2. 6. 52. 36. 56. 71 . 4 7. 73. 96 . 96. 94 . 63. -43. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 206. 249. 254. 262. 189. 140. 316 . 501. 393. 992. 1 9 2 0 ... 1 92 1... 1 92 2... ..1 1 92 3... 1 92 4... 1 9 2 5 ... ..1 1 9 2 6 ... 1 9 2 7 ... 1 9 2 8 ... 1 9 2 9 ... 1772. 481. 83. -1 21 . -7 52 . -1 99 . -5 5 . 99. -0 . -1 26. 243. 93. -34. -1 18 . -188. -2 2. -35. -47. -5 0. -4 9 . 74. 90. 341. 332. 179. 175. 157. 114. 25. 0. 56. 83. 207. 158. 125. 75 . 70. 76. 38. 19. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 18. 7. 134. 174. 54. 99. 87. 37. -1 3. -19. 231. 227. 124. 236. 150. 88. 93. 4 9. -34. -2 1. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 1224. 72. -3 48 . -5 70. -8 94 . -4 4 0 . -2 70 . -18. 59. -5 6. 1 9 3 0 ... 1931 . . . 1 93 2... 1 9 3 3 ... 1 93 4... 1 93 5... 1 9 3 6... 1 9 3 7 ... 1 9 3 8 ... 1 9 3 9 ... -2 33 . -3 04 . -6 28 . -7 81. -1 01 . -1 6 2 . -2 6 9 . -1 99 . -1 76 . -1 93 . -5 1. -7 . -5 1. -1 7 8 . -2 12 . -1 1 . 0. 14. 18. 15. -37. -7 0 . -111 . 119. 1100. 267. 44. -67. -1 06 . -163. -5 . -16. -3 4 . 111. 690. 166. 34. -2 1. -3 8 . -79. ****** ****** ****** 71. 546. 177. 47 . -17. -32. -5 4. -7 7 • -6 3 . -1 35. -7 6 . -38. -29. -1 9 . -2 3. -31. -5 0 . -1 38 . -2 01. -3 9 6 . -1 89 . -9 7. -2 7. -6 . 1. ****** ****** ****** ****** ****** ****** ****** ****** 10. 22. -1 14 . -1 77 . -3 27 . -5 21. -5 93 . -2 2 8 . -2 16 . -1 1 8 . -9 2. -6 8 . -9 3 . -1 17 . -4 2 0 . -5 61. -4 5 5 . -1 80. 137. 167. 224. 291. 9. -8 . -5 9 . -2 8. 1. 58. 176. 157. 57. 34. -9 9. -1 44 . -272. -4 0 6 . -330. -241. -1 97 . -128 . -5 0 . 18. -5 3 . -7 6 . -1 63 . -2 65. -2 43 . -1 31. -1 02. -8 8 . -2 1 . 38. -2 8. -5 0. -9 1. -1 1 4 . -82. -1 08. -9 3 . -4 0 . -2 9. -19. -1 8 . -1 8. -1 9 . -2 7. -5 . -2 . -2 . -1 . -0 . -0 . 32. 47. -2 0 . -5 6. -48. -4 7. -3 . 71. 77. 136. 34. 50. 4 3. 15. 22. -1 1 . 8. 6. -1 . 5. -6 9. -6 1 . -112. -8 4. -9 9 . 6 1. 152. 6 1. 141. 98 . 533. 550. 579. 4 99 . 505. 767. 810. 561. 709. 991. 54. 31. 52. 23. 69. 114. 23. 17. 9 2. 116. 26. 35. 68. 92. 9 3. 200. 242. 175. 168. 270. 41 . 4 7. 77. 98. 98 . 213. 242. 175. 168. 270. -1 5. -1 1. -9 . -0 . ****** ****** ****** ****** ****** 180. 189. 174. 177. 159. 220 . 205. 102. 82. 158. 55. 34 . 40. 22. 26. 35. 50. 78 . 6 7. 68. 217. 260. 245. 186. 158. 198. 290. 188. 299. 379. 738. 1079. 1269. 1636. 2091. 2293. 1890. 2065. 22 55 . 1785. 69. 49. 229. 266. 280. 191. 163. 291. 273. 212. 204. 264. 221. 258. 405. 553. 674. 649. 518. 590. 204 . 264. 221. 258. 405. 553. 674. 649. 518. 590. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 155. 187. 229. 389. 507. 514. 412. 326. 224. -3 0. 4 7. 225. 110. 113 . 114. 212. 166. 181. 210. 2 25 . 264. 353. 479. 609 . 785. 822. 476 . 619. 1030. 788. 1163. 1862. 3550. 5495. 5036. 4781. 5491. 7082. 8590. 10890. 227. 446 . 574. 666. 508. 330. 485. 1000. 776. 415. 474. 734. 1170. 1851. 2501. 2547. 2505. 2936. 3228. 4921. 47 4. 734. 1170. 1851. 2501. 2547. 2505. 2936. 3228. 4921. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** -1 24 . -46. 79. 322. 160. 178. 21 7. 178. 201 . 154. 289 . 324 . 139. 279. 425. 549. 1510. 2478. 1493. 1321. 1538. 1403. 3098. 3543. 1 9 1 0 ... 1 9 1 1 ... 1 9 1 2 ... ..1 1 91 3... ..1 1914••• 1 9 1 5 ... 1 9 1 6 ... ..1 1 9 1 7 ... ..1 1 9 1 8 ... 1 91 9... ..1 1 I1 1 9 4 0 ... 1 9 4 1 ... 1 9 4 2... 1 9 4 3 ... 1 9 4 4 ... 1 9 4 5 ... 1 9 4 6 ... 1 9 4 7 ... ..1 1 9 4 8 ... 1 94 9... 1950. . . 1951 . . . 1 9 5 2 ... 1 95 3... 1 9 5 4 ... 1 9 5 5 ... 1 95 6... 1 9 5 7 ... 1 95 8... 1 9 5 9 ... 1 9 6 0... 1 9 6 1 ... 1 96 2... 1 9 6 3 ... 1 9 6 4 ... 1 9 6 5 ... 1 9 6 6 ... 1 9 6 7 ... 1 9 6 8 ... 1 96 9... | 1 ..1 ..1 ..1 ..1 ..1 ..1 1 1 ..1 ..1 ..1 ..1 | 1 9 7 0 ... ..1 1 9 7 1 . . . ••I 1 9 7 2 ... 1 9 7 3 ... 1 9 7 4 ... 1 9 7 5 ... 1 9 7 6 ... 1 9 7 7 ... 1 9 7 8 ... 1 97 9... ___1_ -50 . -6 1 . -6 . -5. -13. ****** ****** ****** ****** ****** ****** ****** ****** 333. 429 . 674 . 1419. 1349. 1732. , TABLE 121.3 9 OUTSTANDING FARM REAL ESTATE DEBT PERCENTAGE CHANGE DURING YEAR YEAR TOTAL 1 BANKS COOPERATIVE FARM CREDIT SYSTEM | ! | _______________________________________________ I LIFE | FARMERS ! INDIVIDUALS FEDERAL FEDERAL J O I N T - 1 INSURANCE! AND HOME 1 TOTAL FARM LAND STOCK 1 COMPANIE S 1 AD MINIS- 1 OTHERS BANKS MORTGAGE LAND 1 1 TRATION 1 CORPORATION ..BANKS ...1 I l ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 1910........... 1911.......... 1912.......... 1913.......... 1914.......... 1915.......... 1916.......... 1917.......... 1918.......... 1919.......... 9. 8 11.6 10.6 8.3 6.0 5.3 10.8 1 2.2 9. 2 18.4 1 7.6 2 1.5 16.1 7.4 3.1 4 .0 2 0 .3 8.0 2 .2 1 6.9 *** *** ****** ****** ****** ****** ****** 30 1 .5 114.8 ****** ****** ****** ****** 29 9.4 8 7. 9 1920 ............ 1921.......... 1922.......... 1923 ............ 1924 ........... 1925 ............ 1926 ............ 1927 ............ 1928 ............ 1929 ............ 2 1. 0 4 .7 0 .8 -1 .1 -7 .1 -2 .0 -0 .6 1.0 -0 .0 -1 .3 20.2 6.4 -2 .2 -7 .9 -1 3 .5 -1 .8 -3 .0 -4 .1 -4 .6 -4 .7 2 0. 9 2 1 .0 6 5 .8 3 8 .7 15.0 12 .7 10.2 6.7 1 .4 0 .0 19.1 2 3.7 4 7 .9 2 4.8 15.7 8 .2 7 .0 7. 1 1930 ............ 1931.......... 1932.......... 1933.......... 1934.......... 1935.......... 1936........... 1937.......... 1938.......... 1939.......... -2 .4 -3 .2 -6 .9 -9 .2 -1 .3 -2 .1 -3 .6 -2 .8 -2 .5 -2 .8 -5 .1 -0 .7 -5 .4 -2 0 .0 -2 9 .8 -2 .3 0 .0 2 .9 3 .6 2 .9 -2 .0 -3 .9 -6 .4 7 .3 63.2 9.4 1 .4 -2 .1 -3 .5 -5 .5 -0 .4 -1 .3 -2 .9 9 .7 5 4. 8 8 .5 1.6 -1 .0 -1 .8 -3 .8 **** ** 1940........... 1941.......... 1942.......... 1943.......... 1944.......... 1945.......... 1946.......... 1947.......... 1948.......... 1949........... -1 .4 -1 .8 -6 .6 -9 .4 -8 .4 -3 .7 2 .9 3.4 4.4 5. 5 1 .7 -1 .5 -1 0 .9 -5 .9 0 .3 12.8 3 4 .7 2 3 .0 6.8 3. 8 -3 .5 -5 .3 -1 0 .6 -1 7 .7 -1 7 .5 -1 5 .4 -1 4 .9 -1 1 .4 -5 .0 2.0 -2 .6 -3 .9 -8 .6 -1 5 .4 -1 6 .7 -1 0.8 -9 .5 -9 .0 -2 .3 4.4 1950........... 1951.......... 1952.......... 1953.......... 1954........... 1955.......... 1956........... 1957.......... 1958.......... 1959.......... 9 .6 9.0 8 .7 6.9 6 .5 9 .3 9 .0 5 .7 6 .8 8 .9 5 .8 3 .2 5.1 2.1 6 .4 9 .8 1.8 1.3 7 .0 8. 2 2 .7 3.6 6.7 8 .4 7 .8 1 5.7 1 6.4 10.1 8.9 13.1 1960.......... 1961.......... 1962.......... 1963.......... 1964.......... 1965.......... 1966.......... 1967.......... 1968........... 1969.......... 6 .1 8 .4 10.8 12.4 12.1 8 .9 8 .9 9 .0 6 .5 4 .5 3 .1 1 4. 0 14.2 13.1 7 .9 6 .2 10.5 8 .9 6.4 1970.......... 1971.......... 1972.......... 1973.......... 1974.......... 1 97 5 ........... 1976.......... 1977........... 1978.......... 1979.......... 4 .0 6 .1 11 .0 1 5.4 12.2 10.3 10.8 12.5 13.5 15.1 6.4 11.8 1 3. 6 13.9 9 .3 9 .1 5 .5 7 .7 14.7 1 0.0 4 .8 ****** ****** ****** ****** ****** ****** *** *** ****** ****** ****** ****** 344.1 616. 1 9.4 13.3 14.7 6. 6 12.1 14.3 12.5 11.0 6. 5 -4 .3 ****** 4**#** ****** ****** ****** ****** ****** ****** ****** 23 .7 18.8 *** * ** 8 .5 9.5 8 .8 8.4 5 .6 3 .9 8 .5 1 2. 4 8 .7 20.1 29.8 9.1 157.3 79 .5 13.7 22.2 15.9 5 .9 -2 .0 -2 .9 8.6 ****** ****** ****** 15.2 8 .4 4 .5 4.6 2.3 -1 .6 -1 .0 *** * ** *** * ** * ** *** 4 *4 * ** ** * * ** * ** * ** *** * ** 20 .7 1 .0 -4 .8 -8 .3 -1 4 .2 -8 .1 -5 .4 -0 .4 1.3 -1 .2 ****** ****** ****** 771.9 2 8.8 5 .9 -2 .0 -6 .0 -7 .9 -5 .0 -8 .9 -1 4.0 -1 3 .2 -3 2 .8 -2 7 .6 -1 8 .9 -1 8 .0 -1 3 .9 -2 0.2 -1 .5 -2 .4 -6 .8 -1 0 .6 -2 3 .3 -1 4 .5 -8 .7 -2 .7 -0 .6 0. 1 ****** ****** ****** ****** ****** ****** ****** ****** ****** 2 14 .9 -2 .4 -3 .9 -7 .5 -1 2 .9 -1 6 .8 -7 .8 -7 .9 -4 .7 -3 .8 -3 .0 -3 .9 -7 .3 -1 4 .3 -2 1 .0 -1 9 .2 -3 1.1 -3 8 .7 -2 7 .0 -2 7.2 -2 4 .7 -1 9 .9 -2 3 .9 -3 3.8 -7 2 .7 -4 6 .0 -4 1.2 -4 8.8 -6 0.7 -2 8 .4 -4 1.6 3 .3 4.6 -1 .9 -5 .4 -4 .9 -5 .0 -0 .3 8 .0 8 .0 13.1 10 4.9 7 5. 3 3 7 .6 9. 2 12.6 -5 .8 4.3 3 .1 -0 .4 2 .3 -3 .1 -2 .9 -5 .4 -4 .3 -5 .2 3.4 8 .2 3.0 6 .8 4 .4 4.6 4.9 7 .8 9 .2 8 .3 1 6.8 1 6.4 10. 1 8 .9 13.1 -2 5 .0 -2 5.5 -2 7.1 -2 6 .2 -2 7 .2 -1 00 .0 ****** ****** ****** ****** -1 00 .0 ****** ****** ****** ****** ****** ****** ****** ****** ****** 15.4 14.0 11.3 10.3 8.4 10.7 9 .0 4 .1 3 .2 5.9 2 7 .2 1 3.2 1 3.6 6.7 7.4 9 .1 1 2.2 16 .8 12 .5 1 1.2 9.4 10.3 8 .8 6 .1 4.9 5 .9 8.1 4.9 7.4 8 .7 8. 7 1 0. 4 7 .9 8 .5 1 2.3 15.0 1 5. 9 13 .2 9 .3 9. 7 8.7 10.4 7 .9 ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 5.5 12.3 1 5. 0 1 5.9 13.2 9 .3 9.7 ****** ****** *44*4* ****** ****** ****** ****** ****** ****** ****** 6 .3 7 .3 11.5 13 .4 12.0 8 .6 6 .3 4.0 -0 .5 6.9 31 .2 1 1 .6 10.7 9 .7 1 6.5 11.1 1 0.9 1 1. 4 1 1 .0 5 .6 7.1 9.0 10.5 12.2 1 1. 4 5.9 7 .3 11.3 7 .8 7. 1 10 .3 1 4. 9 2 0 .5 2 2 .9 1 9. 0 1 5. 7 1 5. 9 15.1 20.0 7. 1 10*3 1 4.9 2 0 .5 2 2.9 1 9.0 1 5.7 1 5.9 15.1 20 .0 ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** -2 .2 -0 .8 1. 4 5 .7 5 .6 6.8 10.0 19.2 15.3 17.0 7 .0 7 .3 8 .3 6.3 6.7 4.8 8 .6 8 .9 3 .5 6.8 3 .9 4.8 12 .7 1 8.4 9 .4 7 .6 8.2 6.9 14.3 14.3 3.3 1.6 . 8.5 **** ** ****** **** ** ****** **** ** **** ** *** *** 10 TABLE 121.4 YEAR 1 9 1 0 .... 1911 . . . . 1 9 1 2 .... 1 9 1 3 .... 1 91 4.... 1 9 1 5 .... 1 9 1 6 .... 1 9 1 7 .... 1 9 1 8 .... 1 9 1 9 .... 1 9 2 0 .... 1 9 2 1 .... 1 9 2 2 .... 1 9 2 3 .... 1 9 2 4 .... 1 9 2 5 .... 1 9 2 6 .... 1 9 2 7 .... 1 9 2 8 .... 1929 -------1 9 3 0 .... 1 9 3 1 .... 1 9 3 2 .... 1 9 3 3 .... 1 9 3 4 .... 1 9 3 5 .... 1 9 3 6 .... 1 9 3 7 .... 1 9 3 8 .... 1 9 3 9 .... 1 9 4 0 .... 1 9 4 1 .... 1 9 4 2 .... 1 9 4 3 .... 1 9 4 4 .... 1 9 4 5 .... 1 9 4 6 .... 1 9 4 7 .... 1 9 4 8 .... 1 9 4 9 .... 1 9 5 0 .... 1951 . . . . 1 9 5 2 .... 1 9 5 3 .... 1954 -------1 9 5 5 .... 1 9 5 6 .... 1 9 5 7 .... 1 9 5 8 .... 1 9 5 9 .... I9 6 0 .... 1 9 6 1 .... 1 9 6 2 .... 1 9 6 3 .... 1 9 6 4 .... 1 9 6 5 .... 1 9 6 6 .... 1 9 6 7 .... 1 9 6 8 .... 1 9 6 9 .... 1 9 7 0 .... 1 9 7 1 .... 1 9 7 2 .... 1 9 7 3 .... 1 9 7 4 .... 1 9 7 5 .... 1 9 7 6 .... 1 9 7 7 .... 1 9 7 8 .... 1 9 7 9 .... OUTSTANDING FARM REAL ESTATE DEBT, JANUARY 1 PERCENTAGt OF TOTAL 1 1 1 1 1 1 I .| .i .J .1 .1 .1 .1 .i .1 .1 1 .1 .i .j .1 .1 .1 .1 .] .{ .1 1 .1 .1 .( .1 .1 .j .j .1 .1 .i .1 .1 .1 . I .1 .| .1 .J ,i .1 1 .1 .| .j .1 .1 .1 .1 .1 .1 .1 I1 .t .1 .1 .1 .4 .1 .1 .4 .J .1 1 .1 . ( .1 .4 .1 .( .1 .4 .1 .1 j 1980. . . . •1 _ J ___ TOTAL I BANKS 1 1 1 1 1 | COOPERATIVE FARM CREDIT SYSTEM TOTAL FEDERAL LAND BANKS FEDERAL JOIN TFARM STOCK MORTGAGE LAND CORPORATION__ BANKS | | 1 I LIFE 1 FARMERS 1 INDIVIDUALS 4 INSURANCE! HOME J AND 1 COMPANlESi ADMI NIS- 1 OTHERS | 1 TRATION 1 1 ______________1_____ 2.2 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 0 .0 0. 1 12.1 1 2. 0 12 .2 12 .7 12.7 13 .4 14.6 1 4 .8 1 4.6 1 4.3 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 7 5 .3 7 4 .4 7 3 .0 7 1 .8 7 1 .9 71.6 7 0 .7 6 9 .2 69.3 69.0 1 3.8 1 5.9 17.6 18.6 1 8.9 3 .5 3.4 4.0 5 .9 7 .5 9 .3 10.3 11.1 11.7 12.1 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 0. 7 0. 8 0. 8 2 .0 3 .7 4 .5 5.6 6. 5 6 .9 6 .7 1 1. 5 1 1.8 1 3 .4 1 4 .4 1 6 .8 1 9.6 2 0 .9 2 2 .0 2 2 .3 21.9 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 7 0 .0 69.9 67.4 6 3 .6 5 9 .0 5 4 .5 5 1. 1 4 8 .6 4 7 .9 4 8 .5 19. 1 19 .2 19.1 1 9.2 2 2 .7 3 7 .5 4 1 .9 44. 1 4 4 .3 4 3 .9 12.5 12.7 13.0 13 .5 16.4 2 5. 7 2 8.5 3 0 .0 3 0. 6 3 0.8 ***** ***** ***** ***** 0.9 8.1 10.7 11 .8 11.8 1 1. 4 6 .6 6 .4 6 .1 5. 6 5.4 3 .7 2.7 2 .3 1.9 1.7 22.0 2 2 .2 2 2 .4 2 2 .4 2 2. 1 1 7.2 1 5. 0 14.2 14.2 1 4.5 ***** ***** ***** ***** ***** ***** ***** ***** ***** 0 .2 4 8 .5 4 8 .5 4 8 .2 4 7 .9 46.0 3 8 .8 3 6 .6 3 4 .9 3 4 .2 3 0. 5 30.1 2 9. 5 2 8. 8 2 6 .9 2 4 .5 2 2. 7 19.9 17.6 1 6. 4 10.8 10.6 1 0.0 9 .1 8.0 7.0 5 .0 3.0 2 .1 1 .5 1 .4 8 .0 8 .3 9 .1 10.7 14 .0 16.6 1 7.0 4 2 .7 4 1 .8 4 0 .3 3 8 .6 35 .1 3 1 .6 2 7. 8 2 3 .0 19.7 17 .9 1 4.9 15 .7 16 .7 1 7. 5 18 .3 1 9.0 18.7 18. 1 19.0 1 9.6 0 .5 1 .0 1.8 2 .7 3. 2 100.0 100.0 100.0 100.0 10 0.0 10 0.0 10 0.0 10 0.0 10 0.0 10 0.0 16.7 16.1 15.3 14 .8 14.1 14.1 14.2 13.2 12.7 12.7 17.3 16.2 1 5. 4 15.1 15.3 1 5. 5 1 6 .4 17.5 1 8.3 1 8.6 16.2 15 .5 14.9 14.8 15.1 15.4 16 .4 17.5 18.3 18 .6 100.0 100.0 100.0 100.0 100.0 10 0.0 10 0.0 10 0.0 10 0.0 100.0 1 2.6 1 2.4 11.8 12.3 12.7 12.8 1 2.3 12.0 12.2 12.2 19 .3 1 9.8 2 0.2 1 9. 9 19.5 19.5 2 0. 0 2 1 .3 22. 1 19.3 19.8 2 0.2 19.9 19.5 19.5 2 0 .0 2 1.3 22.1 22.2 22.2 10 0.0 100.0 10 0.0 100.0 10 0.0 10 0.0 10 0.0 100.0 10 0.0 10 0 .0 12.1 1 2. 4 13.1 1 3. 4 13.2 12.9 12.3 12.0 12.2 11.8 2 2.9 2 3 .5 2 4. 5 2 5 .3 2 6 .* 29.0 3 1.2 3 2 .6 3 3 .6 34.1 100.0 10.8 3 5 .5 100.0 100.0 100.0 100.0 10 0.0 100.0 100.0 100.0 100.0 10 0.0 12.7 1 3.6 14.8 15.5 1 5. 4 14.9 1 4.8 16.0 1 5. 4 1 4. 4 ***** ***** ***** ***** ***** ***** ***** ***** 0.6 2 .3 ***** ***** ***** ***** ***** ***** ***** ***** 0.6 100.0 100.0 100.0 100.0 10 0.0 10 0.0 100.0 10 0.0 10 0.0 10 0. 0 14.3 14.2 1 4. 4 1 4 .0 13.0 12.1 12.1 11.8 11.2 10 .7 4.2 100.0 100.0 10 0.0 100.0 10 0.0 100.0 100.0 100.0 100.0 100.0 1 0. 4 10.1 10.3 1 0. 5 9 .2 6.6 6 .6 6.8 7 .2 100.0 100.0 100.0 100.0 1 00 .0 100.0 10 0.0 100.0 100.0 10 0.0 8.1 8 .4 7.7 8.4 4.2 4 .8 8 .0 11.2 1.1 0.7 1.1 0. 9 0.6 0.2 0.1 0.1 0 .0 0 .0 0 .0 0 .0 ***** ***** ***** ***** ***** ***** ***** ***** ***** 21.0 22. 1 23. 1 2 3 .7 2 4 .5 *** ** ***** ***** ***** ***** 23.3 23.2 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 2 2. 9 2 3.5 24 .5 2 5. 3 2 6.4 29 .0 3 1.2 3 2 .6 3 3 .6 34. 1 *** ** ** * * * *** ** ***** ***** ***** *** ** * *** * *** ** *** ** *** ** ***** 35 .5 ***** 0.5 0 .3 0.2 0.2 ***** ***** ***** ***** ***** 4 .0 3.9 3.9 3 .9 3 .7 3 .6 4 .2 3 3.8 3 3 .7 3 3 .1 3 2 .8 3 3 .2 3 5.1 3 6 .3 3 9 .0 4 1 .0 4 0 .9 4 1 .8 5.5 41.4 41.3 41.8 41.8 41.6 40.9 3 9 .6 3 9 .3 3 9 .0 3 9. 2 2 2 .6 2 2 .0 2 1 .0 5 .6 5 .6 6.8 7.0 7.0 6.8 7.1 7.2 7. 3 7.5 3 9.1 3 8 .9 3 8 .5 3 8 .4 3 8. 3 38 .2 3 7 .9 3 6 .9 3 6. 3 3 7.1 7.8 ***** * ** ** ***** *** ** ***** ***** ***** 19 .6 1 8. 5 17.3 1 5.8 14.5 1 3. 6 13 .2 13. 1 13.9 14. 1 8.1 7 .9 7 .3 6.9 6.6 6 .5 6.3 5 .7 3 7 .5 3 7 .5 37.0 37.6 38.6 37.6 36.7 35.8 34.0 3 4 .3 ***** 14.3 5 .3 3 4 .1 ***** 24.9 2 5 .2 2 5 .2 2 4 .8 2 4 .0 2 2 .7 2 2 .4 2 2 .5 2 2 .7 22.7 4.4 4 .6 4.6 4 .6 4 .6 4.7 5 .2 9.0 TABLE 1 2 1 .5 11 O U TS TA N D IN G P ER C EN TA G E OF 1 1 1 1 1 j 1 1 9 4 0 . . . . .1 1 9 4 1 .... 1 9 4 2 .... 1 9 4 3 . . . . .1 1 9 4 4 .... 1 9 4 5 .... 1946..•• 1 9 4 7 .... 1 9 4 8 .... 1 9 4 9 .... YEAR FARM R E A L E S T A T E O E B T , J A N U A R Y 1 T O T A L FARM O E B T IN C L U D IN G C CC LO AN S CO OPE RAT IV E FARM C R E D I T SYSTEM TOT AL FEDERAL LAND BANKS BANKS TOTAL ____ _ FEDERAL FARM MORTGAGE CORPORATION JO IN TSTOCK LAND BANKS____ 1 1 1 LIFE | FARMERS HOME 1 INSURANCEI 1 CO MPANIES! A D M IN I S T R ATION 1 1 ______ 1 1 ! IN D IVIDUALS 1 AND 1 OTHERS 1 1 65.6 62.0 60.9 60.2 60.8 59.2 60.2 58.2 54.8 46.5 5.3 5 .2 5.1 4 .8 5 .1 5 .4 6 .4 8 .1 9 .1 7 .9 2 8.0 2 5.9 24.6 23.2 21.3 18.7 16.7 13.4 10.8 8 .3 20.0 18.7 18.0 17.4 16.4 14.5 13.6 11.6 9 .6 7 .6 7.1 6 .5 6 .1 5.5 4 .8 4 .2 3 .0 1.7 1.2 0 .7 0.9 0 .7 0 .5 0 .4 0 .1 0.1 0 .0 0 .0 0 .0 0 .0 9 .8 9 .7 10.2 10.5 11.1 11.2 11.3 10.6 10.4 9 .1 0 .3 0 .6 1.1 1 .6 2 .0 2 .3 2 .3 2 .3 2 .1 1 .7 22. 1 20.6 20.0 2 0.0 2 1.3 21.5 23.5 23.9 22.4 1 9.4 1 9 5 0 .... 1 9 5 1 .... 1 9 5 2 ...., 1 9 5 3 ...., 1 9 5 4 ..... 1 9 5 5 ...., 1 9 5 6 ...., 1 9 5 7 ...., 1 9 5 8 ..... 1 9 5 9 . . . . . .1 I 1 44.8 46.8 45.5 45.0 45.7 46.7 48.0 50.8 50.9 46.9 7 .5 7 .6 6 .9 6 .6 6 .4 6 .6 6 .8 6 .7 6 .4 6 .0 7 .7 7 .6 7 .0 6 .8 7 .0 7 .2 7 .9 8 .9 9 .3 8 .7 7 .3 7.3 6 .8 6 .7 6 .9 7 .2 7 .9 8 .9 9 .3 8 .7 0 .5 0 .3 0 .2 0 .1 0 .1 0 .1 ***** ** * * * *** ** *** ** 0 .0 ***** ***** * *** * *** ** *** ** ***** *** ** * ** ** 9 .4 10.4 10.5 10.7 11.2 11.6 12.1 12.8 12.6 11.3 1 .6 2 .0 2 .0 2.1 2 .1 2 .1 2 .2 2 .4 2 .6 2 .6 18.5 19.4 19.0 1 8.8 19.0 19.1 19.0 20.0 19.8 18.4 I9 6 0 ...., 1 9 6 1 . . . . , .1 1 9 6 2 ...., 1 9 6 3 . . . . , .1 1 9 6 4 ...., 1 9 6 5 ...., 1 9 6 6 . . . . , .1 1 9 6 7 . . . . , .1 1 9 6 8 ...., 1 9 6 9 ...., | 1 1 9 7 0 ...., 1 9 7 1 . . . . , .1 1 9 7 2 .... 1 9 7 3 ...., 1 9 7 4 ...., 1 9 7 5 ...., 1 9 7 6 ...., 1 9 7 7 ...., 1 9 7 8 ...• , 1 9 7 9 .... 1 1 9 8 0 .... | 48.8 49.0 48.8 48.3 48.9 51.3 52.1 52.4 53.0 54. f 6 .1 6 .1 5 .8 6 .0 6 .2 6 .6 6 .4 6 .3 6 .5 6 .6 9 .4 9 .7 9 .8 9 .6 9 .5 10.0 10.4 11.2 11.7 12.1 9 .4 9 .7 9 .8 9 .6. 9 .5 10.0 10.4 11.2 11.7 12.1 * *** * *** ** *** ** *** ** *** ** * *** * * *** * ***** *** ** **•*4 *** ** ***** *** ** ***** ***** ***** ***** ***** 11.4 11.4 11.1 10.8 11.0 11.7 11.8 11.8 11.7 11.4 2 .7 2 .8 3 .3 3 .4 3 .4 3 .5 3 .7 3 .8 3 .9 4 .1 19.1 19.1 18.8 18.6 18.7 19.6 19.8 19.3 19.3 2 0.1 55.0 55.7 54.5 54.7 55.6 56.6 56.2 55.1 53.4 52.5 6 .7 6 .9 7 .1 7 .3 7 .4 7 .3 6 .9 6 .6 6 .5 6 .2 12.6 13.1 13.3 13.8 14.7 16,4 1 7.6 18.0 17.9 17.9 12.6 13.1 13.3 13.8 14.7 16.4 17.6 18.0 17.9 17.9 * *** * *** ** * *** * *** ** *** ** *** ** * ** ** *** ** ***** * *** * *** ** ***** ***** ***** ***** ***** *** ** ***** *** ** ***** 10.8 10.3 9 .4 8. 6 8 .0 7 .7 7 .4 7 .2 7 .4 7 .4 4 .3 4 .5 4 .4 4 .3 4 .1 3 .9 3 .7 3 .6 3 .3 3 .0 20.7 20.9 20.2 2 0.6 21.5 21.3 2 0.6 19.7 18.2 1 8.0 52.7 5 .7 18.7 18.7 * *** * ** * * * 7 .5 2 .8 1 7.9 12 TABLE 1 2 1 .6 O U TS TA N D IN G P E R C E N TA G E OF YEAR 1 1 1 1 1 | 1 I9 6 0 .... 1 9 4 1 .... 1 9 4 2 .... 1 9 4 3 .... 1 9 4 4 .... 1 9 4 5 .... 1 9 4 6 .... 1 9 4 7 .... 1 9 4 8 .... 1 9 4 9 .... 1 1 9 5 0 .... 1 9 5 1 ...., 1 9 5 2 ..... 1 9 5 3 .... 1 9 5 4 ..... 1 9 5 5 . . . . . .1 1 9 5 6 ........... 1 9 5 7 ........... 1 9 5 8 ........... 1 9 5 9 ........... .1 1 1 1 9 6 0 ........... 1 1 9 6 1 ........... 1 1 9 6 2 ........... .1 1 9 6 3 ........... .1 1 9 6 4 ........... 1 9 6 5 ........... .1 1 9 6 6 ........... 1 9 6 7 .... , 1 9 6 8 . . . . ..1 1 9 6 9 .... . |1 1 9 7 0 ..... 1 9 7 1 .... . 1 9 7 2 ........... .1 1 9 7 3 ..... 1 9 7 4 ..... 1 9 7 5 . . . . . .1 1 9 7 6 . . 1 9 7 7 ...., 1 9 7 8 ..... 1 9 7 9 ..... | 1 1 98 0 .. | TO T A L 1 1 1 1 1 1 FARM R E A L E S T A T E D E B T t JA N U A R Y 1 T O T A L FARM D E B T E X C L U D IN G C C C L O A N S CO OP E RA TIV E FARM C R E D I T SYSTEM BANKS FEDERAL FEOERAL JO IN TTO TA L LAND FARM STOCK BANKS MORTGAGE LANO ________________________________ CORPORATION ___BANKS 1 1 FARMERS _l L IFE | HOME I IN SU R A N C E! 1 COMPANIE S| A D M IN I S 1 1 TRATION 1 1 1 1INDIVIDUALS I AND 1 OTHERS 1 I 68.7 66.0 64.7 6 5.3 65.1 64.5 6 2.4 58.7 55.3 51.8 5 .6 5 .5 5 .4 5 .2 5.4 5 .9 6 .6 8 .2 9 .2 8 .8 29.4 27.6 26.1 25.2 22.8 20.4 17.3 13.5 10.9 9 .3 21.0 19.9 19.1 18.8 17.5 15.8 14.1 11.7 9 .7 8 .5 7 .4 7 .0 6 .4 t>.0 5 .2 4 .5 3 .1 1 .8 1.2 0 .8 1 .0 0 .7 0.6 0 .4 0 .1 0.1 0 .0 0 .0 0 .0 0 .0 10.3 10.3 10.8 11.4 11.9 12.2 11.7 10.6 1 0.5 10.1 0 .3 0 .7 1.2 1 .7 2.1 2 .6 2 .4 2 .3 2 .2 1 .9 23.2 21.9 2 1.2 21.7 22.9 23.4 2 4.3 24.1 22.6 21.6 52.0 4 9.9 4 7.4 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 0 .5 0 .4 0 .2 0 .2 0 .1 0 .1 * *** * ** * * * ***** * *** * 0.0 ** * * * *** ** *** ** 1 0.9 11.1 11.0 11.5 13.0 13.3 13.4 13.9 13.4 12.6 1.9 2 .1 2.1 2 .2 2 .4 2 .4 2 .4 2 .6 2 .8 2 .9 2 1.5 20.6 19.8 2 0.3 2 2.1 21.9 21.1 2 1.7 21.1 2 0.5 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 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 1 2.0 12.1 2 .9 2 .9 3 .6 3 .6 3 .6 3 .6 3 .8 3 .9 4 .0 4.3 2 0.0 20.1 20.1 19.9 19.8 2 0.5 20.5 1 9.9 19.9 2 1.3 58.0 57.7 56.7 56.3 56.2 56.8 56.4 55.7 55.4 54.6 7 .0 7 .2 7 .4 7 .5 7 .4 7 .3 7 .0 6 .7 6 .8 6 .5 13.2 13.6 13.9 14.2 14.9 16.4 17.6 18.2 18.6 18.6 13.2 13.6 13.9 14.2 14.9 16.4 17.6 18.2 18.6 18.6 * ** ** * ** ** * *** * *** ** *** ** * *** * *** ** * *** * * *** * *** * * *** ** ***** ***** ***** ***** ***** ***** *** ** 1 1.4 10.7 9 .8 8 .9 8 .1 7 .7 7 .4 7 .3 7 .7 7 .7 4 .5 4 .6 4 .6 4 .5 4 .1 3 .9 3 .7 3 .6 3 .5 3 .1 2 1.8 21.6 2 1.0 21.1 21.7 2 1.4 2 0.7 19.9 1 8.9 18.7 54.2 5 .9 19.3 19»3 *** ** 7 .8 2 .9 18.5 *** ** ***** ***** *** ** TABLE 131.1 YEAR 1940 . . . . 19 41.... 19 42.... 1943.... 1944. . . . 1945.... 1946.... 1947.... 1948 . . . . 1949. . . . 13 OUTSTANDING FARM NON-REAL-ESTATE DEBT, JANUARY 1 AMOUNTS IN MILLIONS OF DOLLARS 1 I 1 1 1 1 1 1 1 I 1 .1 .1 .1 .| .J .1 DEBT INCLUDING CCC LOANS TOTAL 3449. 3977. 4093. 3945. 3477. 3402. 3145. 3516. 4174. 6082. 1950. . . . .j 6875. 1 9 5 1 . . . . .| 6938. 1 9 5 2 . . . . .1 7982. 1 9 5 3 . . . . . .1 8859. 1 9 5 4 . . . . , .1 9194. 1955 . . . . ,.1 9416. 1956 _____.1 9781. 1 9 5 7 . . . . , .1 9522. 10029. 1 9 5 8 . . . . , .1 19 5 9 ...... | 12558. 1 1 9 6 0 . . . . , .1 12693. 13359. 1 9 6 1 . . . . , .1 1962 . . . . ,. 1 14567. 1 9 6 3 . . . . , .1 16219. 1 9 6 4 . . . . , .1 17583. 1965. . . . , . I 17909. 1 9 6 6 . . . . ,.1 19471. 1 9 6 7 . . . . , .1 20950. 1968. . . . ,. j 22254. 1 9 6 9 . . . . .. 1 23058. | 1970...... I 23843. 1 9 7 1 . . . . ,.1 24138. 1 9 7 2 . . . . .. I 26906. 1 9 7 3 . . . . , .1 29587. 1 9 74....,. i 32884. 1 9 75....,. I 35544. 1 9 7 6 . . . . .. I 39763. 1977---------.1 46073. 1 9 7 8 . . . . . .1 55631. 1 9 79....,. I 65240. j 1980....,. I 74740. J ____________ CCC LOANS 1 1 1 1 1 1 1 DEBT EXCLUDING CCC LOANS TOTAL 1 1 | 1 1 BANKS 1 COOPERATIVE FARM CREDIT SYSTEM | 1 ___ ____ - 1 FARMERS PRODUCTION FEDERAL I HOME I INTE RME DI-! ADMINIS TOTAL CREDIT 1 TRATION ASSOCIAATE CREDIT! 1 1 I INDIVIDUALS 1 AND j OTHERS 1 XLQUS________ BAM&S.__ I___________ L 445. 629. 610. 773. 589. 683. 277. 65. 84. 1152. 1 I | 1 j | i I 1 | 3004. 3347. 3483. 3172. 2888. 2720. 2868. 3451. 4090. 4930. 900. 984. 1073. 924. 936. 949. 1034. 1289. 1593. 1946. 186. 203. 223. 221. 231 . 218. 221. 262. 327. 423. 153. 171 . 186. 183. 197. 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. 1721. 812. 588. 1184. 2390. 2219. 1870. 1563. 1215. 2473. | J 1 I I I 1 | i I i I j 1 I I 1 1 I 1 | 1 1 1 1 I 1 I I I i I | I 1 5154. 6126. 7393. 7675. 6604. 7196. 7910. 7960. 8814. 10085. 2049. 2524. 3120. 3195. 2763. 2934. 3308. 3280. 3605. 4161. 438. 513. 639. 682. 605. 635. 706. 759. 953. 1198. 387. 451. 561. 599. 542. 577. 644. 699. 886. 1115. 51. 62. 78. 83. 64. 5 8. 62. 60. 67. 84. 347. 329. 304. 338. 376. 417. 406. 431. 436 . 406. 2320. 2760. 3330. 3460. 3060. 3210. 3490. 3490. 3820. 4320. 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. 21168. 22262. 24644. 27794. 32134. 35226. 39406. 45061. 51142. 59998. 10330. 11102. 12498. 14315. 17167. 18238. 20160. 23283. 25709. 28273. 4713. 5515. 6315. 6859. 8160. 9893. 11124. 12601. 13882. 15525. 4495 . 5295. 6078. 6607. 7829. 9519. 10773. 12233. 13508. 15016. 218. 220. 237. 251. 331. 374. 350. 368. 374. 509. 785. 795. 771. 780. 877. 1044. 1772. 1877. 3141. 5780. 5340. 4850. 5060. 5840. 5930. 6050. 6350. 7300. 8410. 10420. 70240. 30400. 18220. 17570. 650. 9900. 11720. 1165. 1390. 1866. 2055. 1926. 1543. 1408. 1157. 1420. 2671. 2676. 1876. 2262. 1793. 750. 319. 358. 1012. 4489. 5242. 4500. TABLE 131.2 YEAR OUTSTANDING FARM NON-REAL-ESTATE DEBT CHANGE DURING YEAR IN MILLIONS OF DOLLARS 1 I 1 1 1 1 1 DEBT INCLUDING CCC LOANS 1 1 1 1 1 1 1 DEBT EXCLUDING CCC LOANS TOTAL 1 1 1 1 1 BANKS 1 COOPERATIVE FARM CREDIT SYSTEM 1 _ . 1 FARMERS I | PRODUCTION FEDERAL | HOME TOTAL CREDIT IN TE RM ED I-I ADMINIS 1 ASSOCIAATE CREOITI TRATION 1 TOTAL CCC LOANS 528. 116. -1 48 . -4 6 8 . -7 5. -2 57. 371. 658. 1908. 793. 184. -1 9 . 163. -1 83 . 94. -4 06. -2 12. 19. 1068. 569. I 1 1 I 1 | I 1 j I 343. 136. -3 11. -2 84 . -168. 149. 583. 639. 640. 223. 84. 89. -1 49. 12. 13. 85. 255. 304. 353. 103. 17. 20. -2 . 10. -1 2. 3. 40. 65. 96. 16. 17. 15. -3 . 14. -8 . 6. 35. 59. 78. 21. 63 . 1044. 877. 335. 222. 365. -2 58 . 506. 2529. 135. -9 10. -2 23 . 596. 1206. -1 71. -3 49. -3 08 . -3 4 8 . 1259. -1308. I 1 1 j 1 1 I 1 1 1 972. 1267. 282. -8 71 . 393. 714. 49 . 854. 1271. 1443. 475. 596. 75. -4 32 . 171. 375. -2 9. 325. 555. 659. 74. 126. 43 . -7 7. 30. 71. 53. 194. 245. 252. 666* 1208. 1652. 1364. 326. 1561. 1479. 1304. 804. 785. 225. 476. 189. -1 29. -3 8 3 . -1 35 . -2 52. 263. 1251. 5. 1 I 1 1 I I 1 I j I 442. 732. 1463. 1493. 709. 1696. 1731. 1041. -4 47. 780. 172. 324. 664 . 673. 338. 6 87 . 657. 738. 448. 610. 294. 2769. 2681. 3297. 2660. 4219. 6309. 955 8. 9609. 9500. -8 00. 386. -4 69. -1043. -4 3 2 . 39. 654. 3477. 753. -7 42 . I 1 1 I 1 I J 1 1 1 1094. 2383. 3150. 4340. 3092. 4180. 5655. 6081. 8856. 10242. 772. 1397. 1817. 2852. 1071. 1922. 3123. 2426. 2564. 2127. 1 i IND IV ID UAL S I AND I OTHERS 1 .I1QUS________BAAJiS__ I___________ 1 194-0 . . . . 1 9 4 1 .... 1 9 4 2 .... 1 9 4 3 .... 1 9 4 4 .... 1 9 4 5 .... 1 9 4 6 .... 1 9 4 7 .... 1 9 4 8 .... 1 9 4 9 .... .1 .1 .1 .1 .1 .1 .j .1 .1 .1 1 9 5 0 . . . . . .1 1 9 5 1 ...... | 1952 . . . . . . 1 1 9 5 3 . . . . , .1 1 9 5 4 . . . . . .1 1 9 5 5 . . . . ..1 1 9 5 6 . . . . . .1 1957...........1 1 9 5 8 . . . . , ,1 1 9 5 9 . . . . . .1 I 1 1960.......... . j 1961.......... . 1 19 62 ........... 1 1963 .......... . I 1964.......... , I 196 5 ...........1 1966.......... .1 1967.......... .1 1968 ...........i 1969 .......... ,| 1 1970.......... ■I 1971.......... .1 19 72 ...........1 1973.......... .1 1974........... | 1975...........1 1976 ..........>i 1 9 7 7 . . . . , .1 1978...........1 1979.......... .1 JL_ 0. -4 . -4 . -3 . 5. 6. 18. -5 . 42. 26. 4 1. -6 . -69. -3 9 . -1 3 . -3 0 . -28. 4. 200. 0. -2 00 . -3 0 0 . -1 00. 100. 300. 300. 420. 100. 63. 111. 38. -58. 35. 67. 55. 187. 229. 247. 11. 16. 5. -1 9 . -5 . 4. -2 . 7. 17. 6. -1 7 . -2 5 . 34. 38 . 42 . -12 . 25. 5. -30. -6 . 440. 570. 130. -4 0 0 . 150. 280. 117. 171. 210. 283. 171. 316. 454. 522. 312. 707. 119. 160. 199. 267. 172. 301. 437. 502 . 308. 669. -1 . 10. 11. 16. -1 . 15. 17. 19. 4. 38. 22. 77. 6 0. 38. 50. 73. 20. 6 1. 24. -3 7. 130. 160. 530. 500. 150. 620. 400. -2 8 0 . -1230. -5 00 . 802. 800. 544. 1302. 1733. 1230. 1477. 1281. 1643. 2695. 800. 783. 530. 1221. 1691. 1254. 1460. 1275. 1508. 2554. 2. 17. 14. 80. 42 . -24. 18. 6. 135. 141. 10. -2 4. 10. 9 7. 167. 728. 105. 1264. 2639. 4120. -4 90 . 210. 780. 90. 120. 300. 950. 1110. 2010. 1300. 5. 0. 0. 330. 500. 540. TABLE 131.3 YEAR 15 OUTSTANDING FARM NON-REAL-ESTATE DEBT PERCENTAGE CHANGE DURING YEAR 1 1 1 1 1 1 1 | 1 1940. . . . 1941.... 1 9 4 2 . . . . .1 1 9 4 3 . . . . .1 1944.... 1945.... 1946.... 1947. . . . 1948.... 1 9 4 9 . . . . .1 1 9 5 0 . . . . .1 1951.... 1 9 5 2 . . . . ,.1 1953..... 1954...., 1 9 5 5 . . . . ..1 1 9 5 6 . . . . ,.1 1957.......... 1 9 5 8 . . . . . .1 1959.......... .1 1 l I 9 6 0 . . . . . .1 1961..... 1962.......... 1 9 6 3 . . . . . .1 1964..... 1965..... 1 9 6 6 . . . . . ■1 1967.......... 1 9 6 8 . . . . , .1 1969.......... .1 1 1 1 970.......... .1 1971 . . . . . 1972.......... .1 1973.......... 1974.......... .1 1975.......... .1 1 9 7 6 . . . . .1 1977.......... 1978.......... 1 1979.......... _L_ DEBT EXCLUDING CCC LOANS DEBT INCLUDI NG CCC LOANS I COOPERATIVE FARM CREDI T SYSTEM | 1 1 FARMERS I PRODUCTION FEDERAL | HOME I TOTAL CREDIT I NTERMEDI - I ADMI NIS j ASSOCI AATE CREDI T! TRATI ON 1 I I ONS BANKS I 1 | I NDI VI DUALS i AND I OTHERS 1 I TOTAL CCC LOANS TOTAL BANKS 15. 3 2.9 -3.6 -11.9 -2.2 -7.6 11. 8 18. 7 45. 7 13. 0 41.4 -3.1 26. 6 -23.7 15. 9 -59.4 -76.6 28. 8 1278. 6 49.4 11. 4 4.0 -8.9 -9.0 -5.8 5.5 20.3 18. 5 2 0. 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 9.8 -1.1 4.5 -5.4 1. 5 18. 3 2 4. 9 29. 2 3.7 11. 3 8. 7 -1.6 7. 7 -4.2 3. 4 16.1 25. 7 26. 9 5. 6 0.2 15. 5 1. 3 -10.5 -12.1 -11.1 19. 7 19. 6 47. 0 -6.8 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 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 1 8. 9 20.7 3.8 -11.4 5.8 9.9 0.6 1 0. 7 14. 4 14. 3 23. 2 2 3. 6 2.4 -13.5 6. 2 12. 8 -0.9 9.9 15. 4 15. 8 17. 0 2 4. 7 6.7 -11.3 4.9 11. 2 7. 5 2 5. 5 25. 7 21. 1 16. 3 24. 6 6. 8 -9.6 6. 5 11. 7 8. 5 26. 7 25. 8 22. 1 22. 1 25. 4 6.5 -23.4 -8.3 6.2 -3.1 1 2. 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 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 2 2. 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 8. 7 10. 8 12. 1 14. 5 8. 2 13. 2 16. 9 16. 7 8. 8 17. 5 -1.3 11. 7 1 1. 0 14. 6 -0.8 11. 9 12. 5 1 2. 4 2. 1 20. 9 5. 5 18. 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. 2 11. 5 10. 0 11.1 8. 1 11. 9 15. 9 20. 7 17. 3 14. 6 -29.9 2 0. 6 -20.7 -58.2 -57.6 12. 3 182. 8 3 43. 7 16. 8 -14.2 5.2 10.7 12. 8 15. 6 9.6 1 1. 9 1 4. 4 13. 5 1 7. 3 17. 1 7.5 12. 6 14. 5 19. 9 6.2 10. 5 15. 5 10. 4 10. 0 7. 5 17. 0 14. 5 8. 6 19. 0 21. 2 12. 4 13. 3 10. 2 11. 8 17. 4 17. 8 14. 8 8. 7 18. 5 21. 6 13. 2 13. 5 10. 4 11. 2 17. 0 1.0 7.7 6.0 31. 9 12. 8 -6.3 5.0 1. 7 36. 1 27.7 1. 2 -3.0 1. 2 12. 4 19. 1 6 9. 7 5.9 6 7. 3 8 4. 0 7 1. 3 -9.2 4.3 15. 4 1. 5 2.0 5. 0 15. 0 15. 2 23.9 12. 5 16 TABLE 131.4 * YEAR 1940.... 1941.... 1942.... 1943.... 1944.... 1945.... 1946.... 1947.... 1948.... 1949.... OUTSTANDING FARM NON-REAL-ESTATE DEBT, JANUARY 1 PERCENTAGE OF TOTAL (INCLUDING CCC LOANS) 1 | | | 1 1 1 .1 .1 .) .1 .1 1 .1 .1 .1 .1 DEBT I NCLUDI NG CCC LOANS DEBT EXCLUDING CCC LOANS TOTAL 1 1 | 1 1 BANKS 1 COOPERATIVE FARM CRED I T SYSTEM | 1 | FARMERS I I NDI VI DUALS I PRODUCTION FEDERAL | HOME 1 AND 1 I NT ERMEDI - I ADMI NI S 1 OTHERS CREDIT 1 TOTAL ASSOCI AATE CREDI T I TRATI ON 1 1 j _________________ i i m s _________ _________ i______________L TOTAL CCC LOANS 100. 0 100. 0 100. 0 100. 0 100. 0 100. 0 100. 0 100. 0 100. 0 100. 0 12. 9 15. 8 1 4. 9 19. 6 16. 9 20. 1 8.8 1.8 2.0 18. 9 1 1 1 1 1 1 1 1 1 1 8 7. 1 84. 2 85. 1 8 0. 4 83. 1 79.9 91.2 9 8. 2 9 8. 0 81. 1 26. 1 2 4. 7 26. 2 23. 4 26. 9 2 7. 9 32. 9 3 6. 7 38. 2 3 2. 0 5.4 5. 1 5.4 5.6 6.6 6.4 7.0 7.4 7. 8 6.9 4.4 4. 3 4. 5 4.6 5. 7 5. 5 6. 2 6.5 6.9 6.0 0.9 0.8 0.9 1.0 1.0 0.9 0.8 0.9 0.9 0.9 12. 1 11. 6 1 1. 9 13. 4 15. 0 13. 3 13. 1 1 1. 4 8. 9 5. 6 43.5 42.7 41.5 38.0 34.5 32.3 38.2 42.7 43. 1 36.5 25. 0 11. 7 7.4 13. 4 26. 0 23.6 19. 1 1 6. 4 12. 1 19. 7 1 i 1 1 ! 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 i | \ 75.0 8 8. 3 92.6 86. 6 7 4. 0 76. 4 80. 9 83. 6 87. 9 80. 3 29. 8 36. 4 39. 1 36. 1 3 0. 0 31. 2 33. 8 34. 4 3 5. 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 3 4. 1 35.7 36.7 38. 1 34.4 90. 8 89. 6 87. 2 87. 3 8 9. 0 91. 4 92. 8 94. 5 93. 6 8 8. 4 3 8. 0 37.4 36. 5 36. 9 37. 8 39. 0 39. 4 4 0. 7 41. 7 4 2. 2 11. 4 1 1. 7 11. 9 12. 0 12. 7 1 3. 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 3.6 3.6 3 8. 3 37.4 35.4 35.0 35. 1 35.3 35.7 35. 1 31. 8 25.3 1 1 1 1 1 1 1 1 1 1 I 1 1 _1~ 88.8 92. 2 91. 6 9 3. 9 9 7. 7 99. 1 99. 1 97. 8 91.9 92.0 4 3. 3 46.0 46.5 48.4 52. 2 51. 3 50. 7 50. 5 46.2 4 3. 3 19. 8 2 2. 8 23. 5 23. 2 2 4. 8 27. 8 28.0 27.4 25. 0 23.8 18. 9 21. 9 22. 6 22. 3 23. 8 2 6. 8 27. 1 2 6. 6 24. 3 2 3. 0 0.9 0.9 0.9 0.8 1. 0 1. 1 0.9 0.8 0.7 0.8 3.3 3. 3 2.9 2.6 2. 7 2.9 4.5 4. 1 5.6 8.9 22.4 2 0. 1 18. 8 19. 7 18. 0 17. 0 16. 0 15. 8 15. 1 16. 0 94.0 40.7 24.4 23. 5 0.9 13. 2 15. 7 1 9 5 0 . . . . .1 100. 0 1 9 5 1 . . . . .1 100. 0 100. 0 1952 ...........1 1953 . . . . , .1 100. 0 1 9 5 4 . . . . , .1 100. 0 100. 0 1955----------.j 1 9 5 6 . . . . , .1 100. 0 100. 0 1957...... I 1 9 5 8 . . . . . .) 100. 0 1 9 5 9 . . . . . .1 100. 0 1 1 9 6 0 . . . . , .1 100. 0 1 961 .......... .| 100. 0 100. 0 1 962...........1 1 9 6 3 . . . . . .1 100. 0 196 4 ...........1 100. 0 1 9 6 5 . ------- ,| 100. 0 1966.......... .) 100. 0 1967.......... . I 100. 0 100. 0 1968.......... .1 1969.......... ,1 100. 0 1 1 9 7 0 . . . . . ,| 100. 0 1 9 7 1 . . . . . .| 100. 0 1972.......... .1 100. 0 1 9 7 3 . . . . . .1 100. 0 1 9 7 4 . . . . . .1 100. 0 1975.......... .1 100. 0 1 9 7 6 . . . . . .1 100. 0 100. 0 1977...... I 1978.......... .1 100. 0 1979.......... >| 1 00. 0 1 100. 0 1980.......... .1 J _______________ 1 1 1 I I 1 1 9.2 10. 4 12. 8 12. 7 1 1. 0 8.6 7.2 5. 5 6.4 11. 6 11. 2 7. 8 8.4 6.1 2.3 0.9 0.9 2.2 8. 1 8.0 6.0 TABLE 131.5 YEAR 1940.... 1941.... 1942.... 1943.... 1944.... 1945.... 1946 . . . . 1947.... 1948.... 1 949-------- 17 OUTSTANDING FARM NON-REAL-ESTATE DEBT, JANUARY 1 PERCENTAGE OF TOTAL (EXCLUDING CCC LOANS) 1 1 1 1 1 1 1 .1 .1 I .1 .1 .1 .1 .1 .1 .1 1 9 5 0 . . . . .1 1 9 5 1 . . . . .1 1952.... I 1 9 5 3 . . . . .1 1954. . . . . .1 1 9 5 5 . . . . . .| 1956...........1 1 9 5 7 . . . . . .1 1958...........1 1 9 5 9 . . . . . .1 1 1 I 9 6 0 . . . . . .1 1961...........1 1962...... I 1963...........1 1 9 6 4 . . . . . .1 1965...........1 1 9 6 6 . . . . . .1 1 9 6 7 . . . . . .1 1968...........1 1 9 6 9 . . . . . .1 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 9 7 7 . . . . . .J 1 9 7 8 . . . . . .1 1 9 7 9 . . . . , .1 1 1 9 8 0 . . . . , .1 1 TOTAL 1 I | 1 1 1 BANKS I COOPERATIVE FARM CREDI T SYSTEM | 1 1 FARMERS HOME | PRODUCTION FEDERAL I I TOTAL CREDIT I NT E RME D I - 1 ADMI NIS TRATI ON | ASSOCI AATE CREDIT| 1 HONS BANKS__ 1 1 I I NDI VI DUALS | AND I OTHERS 1 1 100. 0 100. 0 100. 0 100. 0 100. 0 100. 0 100. 0 100. 0 100. 0 100. 0 30. 0 2 9. 4 30.8 2 9. 1 32.4 3 4. 9 3 6. 0 37.4 38. 9 3 9. 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 4 9. 9 5 0. 8 4 8. 8 47.3 41.6 40.4 41.8 43.5 44.0 45. 0 100. 0 100. 0 100. 0 100. 0 100. 0 100. 0 100. 0 1 00. 0 100. 0 100. 0 39.8 41.2 4 2. 2 41. 6 40.6 40.8 41. 8 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. 8 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 0.8 6. 7 5.4 4. 1 4.4 5. 5 5. 8 5.1 5. 4 4.9 4.0 45.0 45. 1 4 5. 0 45.1 45.0 44. 6 44. 1 43.8 43. 3 42. 8 100. 0 100. 0 100. 0 100. 0 100. 0 100. 0 100. 0 100 . 0 100. 0 100. 0 4 1. 8 41. 7 41.9 42.2 42.5 4 2. 7 42.5 4 3. 1 44.5 47.7 12. 6 13. 1 13. 7 13. 8 14. 3 14. 7 15. 1 1 6. 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 0.8 0.8 0.8 0.9 3.4 3. 5 3.9 3. 9 3. 8 3. 9 4.0 3.7 3. 8 4.0 42.2 41.7 40.5 40. 1 3 9. 5 38. 7 38.5 37. 1 33. 9 2 8. 6 100. 0 100. 0 1 00. 0 100. 0 100. 0 100. 0 100. 0 100. 0 100. 0 100. 0 48.8 49.9 5 0. 7 5 1. 5 53.4 51. 8 51. 2 51. 7 50. 3 47.1 22.3 24. 8 25.6 24.7 25.4 28. 1 28.2 28.0 2 7. 1 25.9 21. 2 23. 8 24. 7 23. 8 24. 4 27. 0 27. 3 27. 1 2 6. 4 2 5. 0 1.0 1. 0 1.0 0.9 1.0 1. 1 0.9 0.8 0. 7 0.8 3.7 3. 6 3. 1 2.8 2.7 3. 0 4.5 4.2 6. 1 9. 6 2 5. 2 21.8 20.5 21.0 1 8. 5 17. 2 16. 1 16. 2 16.4 1 7. 4 100. 0 43.3 25.9 2 5. 0 0.9 14. 1 16. 7 18 TABLE 131.6 O U T S T A ND IN G FARM N O N - R E A L - E S T A T E D E B T , JANUARY 1 PERCENTAGE OF T O T A L FARM DEBT IN C LU D IN G CCC LOANS * YEAR 1 | I | 1 i 1 DEBT IN C LU D IN G CCC LOANS 1 1 1 | I 1 1 DEBT EXC LUD IN G CCC LOANS TO TA L 1 1 | 1 1 BANKS 1 CO OP ER AT IV E FARM C R E D IT SYSTEM 1 I _ 1 FARMERS PRODUCTION FEDERAL 1 HOME 1 C R E O IT I N T E R M E O I - I A D M IN IS 1 TOTAL ASSOCIAA TE C R E D I T l T R A T IO N 1 1 1INDIVIDUALS 1 AND 1 OTHERS 1 TO TA L CCC LOANS ,\ 34. 4 3 8. 0 39. 1 39. 8 3 9. 2 40.8 3 9. 8 41. 8 4 5. 2 53. 5 4.4 6.0 5.8 7.8 6.6 8. 2 3.5 0.8 0.9 10. 1 1 1 1 1 I 1 1 1 1 1 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 1 1. 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 1 4. 9 1 6. 2 1 6. 2 15. 1 13.5 1 3. 2 15. 2 1 7. 8 1 9. 5 19.5 1 9 5 0 . . . . .1 1 9 5 1 . . . . . .1 1 9 5 2 . . . . ,.1 1 9 5 3 . . . . . .1 1 9 5 4 . . . . , .1 1 9 5 5 . . . . , .1 1 9 5 6 . . . . , .1 1 9 5 7 . . . . . .1 1 9 5 8 . . . . . .1 1 9 5 9 . . . . ..1 55. 2 53. 2 54. 5 55. 0 54. 3 53. 3 52. 0 49.2 4 9. 1 53. 1 13. 8 6.2 4.0 7.4 14. 1 12. 6 10. 0 8. 1 6.0 10. 5 41.4 46.9 5 0. 5 4 7. 7 40.2 40.7 4 2. 1 41. 1 43.2 42.6 16. 5 19. 3 2 1. 3 1 9. 8 16. 3 16. 6 17. 6 17 iO 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. 8 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 1 8. 6 21. 1 22.7 21.5 18. 1 1 8. 2 18.6 18. 0 18.7 18. 3 1 96 0 ...........1 1961 . . . . ..1 1 9 6 2 . . . . .>1 1963..........>i 1 964..........,i 1 9 6 5 . . . . , .1 1 9 6 6 . . . . . .1 1 9 6 7 . . . . . .1 1 9 6 8 . . . . < .1 1 9 6 9 . . . . . .1 5 1. 2 51.0 51. 2 5 1. 7 51. 1 48.7 47.9 47.6 47.0 45.7 4.7 5.3 6.6 6.5 5.6 4.2 3. 5 2.6 3.0 5.3 4 6. 5 45.7 4 4. 6 45. 1 4 5. 5 4 4. 5 44.4 45.0 44.0 40.4 19. 5 19. 1 18. 7 19. 1 19. 3 19. 0 18. 9 19. 4 19. 6 19. 3 5.9 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 1 8. 1 18. 1 18.0 17.2 1 7. 1 16.7 14.9 11.6 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 9 7 7 . . . . , .1 1978...... | 1 9 7 9 . . . . . .1 I 1 9 8 0 . . . . . .1 _L_ 45.0 44. 3 4 5. 5 45. 3 44.4 43.4 43.8 44.9 4 6. 6 4 7. 5 5.0 3.4 3.8 2.7 1.0 0.4 0.4 1. 0 3.8 3.8 39.9 40.9 41.7 42.5 43.3 43.0 43.4 43.9 42.9 43.6 19. 5 20. 4 21. 1 21.9 23. 2 22. 3 2 2. 2 22. 7 21. 6 20. 6 8.9 10. 1 10. 7 10.5 11. 0 12. 1 12. 2 12. 3 11. 6 11. 3 8. 5 9.7 10. 3 10. 1 10. 6 11. 6 11. 9 11. 9 11. 3 10. 9 0.4 0.4 0.4 0.4 0.4 0.5 0.4 0.4 0. 3 0.4 1. 5 1. 5 1. 3 1. 2 1. 2 1.3 2.0 1.8 2.6 4.2 1 0. 1 8.9 8.6 8.9 8.0 7.4 7.0 7. 1 7. 1 7.6 47.3 2.9 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 1 1 1 1 1 1 — 1— 44.5 19. 3 11. 5 11.1 0.4 6.3 7.4 -Iioas_______ BAMKS__ I__________ L 1940.... 1941.... 1942.... 1943.... 1944.... 1945.... 1946.... 1947.... 1948.... 1949.... 1 .1 .1 .1 .1 .1 .1 .1 TABLE 131.7 YEAR 19 O U T S T A ND IN G FARM N O N - R E A L - E S T A T E D E B T . JANUARY 1 EXCLUDING CCC LOANS PERCENTAGE OF TO T A L FARM DEBT EXCLUDING CCC LOANS 1 1 1 1 1 1 1 .1 | .1 .1 .1 .1 .1 .1 .1 .1 T O TA L I BANKS I CO OP ER AT IV E FARM CRE0 1T SYSTEM | 1 1 FARMERS HOME | PRODUCTION FEDERAL 1 I TOTAL C R ED IT IN TERM EOI-I A D M INISTRATION | ASSOCIAATE CR ED IT| i___________________ LIONS __________ BANKS___ L ______________ 1 | IN D I V I D U A L S | ANO 1 OTHERS | 1 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 1 9 5 0 . . . . .1 1 9 5 1 . . . . , .1 1 9 5 2 . . . . .< 1 9 5 3 . . . . .1 1 9 5 4 . . . . .1 1 9 5 5 . . . . .1 1 9 5 6 . . . . , .1 1 9 5 7 . . . . .1 1 9 5 8 . . . . .1 1 9 5 9 . . . . , .1 j 48.0 50.1 52.6 51.5 46.8 46.6 46.7 44.8 4 5.9 47.6 19.1 20.6 22.2 21.4 19.0 19.0 19.6 18.4 18.8 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 3 .7 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 I 9 6 0 . . . . .1 1 9 6 1 . . . . . .| 1 9 6 2 . . . . .1 1 9 6 3 . . . . , .1 1 9 6 4 . . . . , .1 1 9 6 5 . . . . .1 1 9 6 6 . . . . .1 1 9 6 7 . . . . . .1 1 9 6 8 . . . . .1 1 9 6 9 . . . . . .1 j 48.8 4 8.3 47.7 48.3 48.2 46.4 46.0 46.2 45.3 42.7 20.4 20.1 20.0 2 0.4 20.5 19.8 19.6 19.9 20.2 £0.3 6 .1 6 .3 6 .5 6 .6 6 .9 6 .8 6 .9 7 .4 8 .0 8 .4 5 .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 12.2 197 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 9 7 7 . . . . , .1 1 9 7 8 . . . . , .1 1 9 7 9 . . . . . .1 | 42.0 42.3 43.3 43.7 43.8 43.2 43.6 44.3 44.6 45.4 20.5 21.1 22.0 22.5 23.4 22.4 22.3 2 2.9 22.4 21.4 9 .4 10.5 11.1 10.8 11.1 12.1 12.3 12.4 12.1 11.7 8 .9 10.1 10.7 10.4 10.7 11.7 11.9 12.0 11.8 11.4 0 .4 0 .4 0 .4 0 .4 0 .5 0 .5 0 .4 0 .4 0 .3 0 .4 1 .6 1.5 1 .4 1.2 1 .2 1.3 2 .0 1.8 2 .7 4 .4 10.6 9 .2 8 .9 9 .2 8 .1 7 .4 7 .0 7.2 7 .3 7 .9 * 5.8 _______________ 19.8 1 1.9 11.5 0 .4 6 .5 7 .6 1 9 4 0 .... 1 9 4 1 .... 1 9 4 2 .... 1 9 4 3 .... 1 9 4 4 .... 1 9 4 5 .... 1 9 4 6 .... 1 9 4 7 .... 1 9 4 8 .... 1 9 4 9 .... 1 9 8 0 ....,a j 20 • A G R IC U L T U R A L F IN A N C E 200 FARM L EN D IN G OPE RATIONS AND EX PER IE NCE 2 0 1 . 1A 210 SUMMARY OF PERCENTAGE CHANGES PRODUCTION C R E D IT 2 1 1 . 1A 2 1 2 . 1A 2 1 3 . 1A 220 230 LIFE OF NONBANK I N S T I T U T I O N S IN FARM LEN DING O P E R A T I O N S ....................21 (A G R I C U L T U R A L LOANS* EXCEPT AS NO TED ) LANO BANKS (A G R I C U L T U R A L LOANS), 1964-DATE (E X C E P T AS NOTE D) LOANS O U T S T A N D IN G ...............................................................................................................................24 LOANS C L OS ED ............................................................................................................................................ 24 LOANS CL OS ED , 1 9 7 0 - D A T E , AND NEWMONEY LOANEO......................................................25 R E F I N A N C I N G , 1 9 7 0 - D A T E , ANDREP AYMENTS, 1 9 6 5 - O A T E .............................................25 INSURANCE COMPANIES 2 3 1 . 1A 2 3 2 . 1A 2 3 3 . 1A SO URCE: A S S O C IA T IO N S 1979 LOANS O U T S T A N D IN G , 1 9 5 9 - D A T E ............................................................................................... 22 LOANS MADE* 1 9 5 9 -D A T E * AND NEW LOANS , 1 9 6 0 - D A T E ............................................23 RENEWALS AND C O L L E C T I O N S , 1 9 6 0 - D A T E ............................................................................ 23 FEDERAL 2 2 1 . 1A 2 2 2 . 1A 223 .1 A 2 2 4 . 1A NOVEMBER DATABOOK— ANNUAL S E R IE S FARM MORTGAGES O U T S T A N D IN 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 , 1 9 5 2 - D A T E .......................................................................26 1 9 5 3 - D A T E .......................................................................26 1 9 5 3 - D A T E .......................................................................26 "P R OD U CT IO N C R E D IT A S S O C IA T IO N S — S EL ECT ED MONTHLY LOAN D A T A " AND "FE D ER A L LAND BANKS— SUMMARY OF S EL EC T ED MONTHLY LOAN D A T A , " T E C H N IC A L SE R V IC ES D I V I S I O N , FARM C R E D IT A D M I N I S T R A T I O N ; " D I S T R I B U T I O N OF IN VES TM ENT S OF U . S . L I F E INSURANCE COMPANIES" AND "GROSS FLOW OF MORTGAGE LOANS IN THE U N I T E D S T A T E S , " AMERICAN COUNCIL OF L I F E IN SUR AN CE. DATA IN T H I S S E C T I O N , A R E OE RIV ED FROM MONTHLY RE PO RTS . ON OU T S TA N D IN G LOAN VOLUME ARE R E QU IR E D , USE THE S E R IE S IF ONLY YE A R -E N D I N S E C T IO N 1 0 0 . DATA FOR PROD UC TION C R E D IT A S S O C I A T I O N S , DATA ON LOANS OU T S T A N D IN G ANO LOANS MADE 00 NOT IN CLU DE RURAL HOME LO A NS , F AR M -R EL A TE D BU SI NE SS LO AN S, OR AQU AT IC LOANS. DATA ON C O L L E C TI O N S AND RENEWALS DO INC LUD E T HES E LOANS; HOWEVER, TH ES E T Y P E S OF LOANS REPRESENTED ONLY 1 . 0 PER CENT OF TO TA L OUT S TA ND IN G LOANS AT PRO DUCTION C R E D IT A S S O C IA T IO N S AS OF DECEMBER 1 9 7 8 . FOR A B R IE F D IS C U S S IO N OF THE A N A L Y T IC A L VALUE OF T H E S E D A T A , SEE THE S E C T IO N E N T I T L E D " L E N D IN G EX PERIE NCE OF NONBANK I N S T I T U T I O N S " I N "OVERALL MEASURES OF F I N A N C I A L PE RFORMANCE," BY EMANUEL ME L IC HA R, A G R IC U L T UR A L F IN A N C E RFV1FW. FEBRUARY 1 9 7 7 , P P . 9 2 - 9 5 . TABLE 201.1A 21 SUMMARY OF ANNUAL PERCENTAGE CHANGES IN FARM LENDI NG OPERATIONS AND EXPERIENCE PRODUCTION CREDI T ASSOCI ATI ONS YEAR IN IL O A N S I OUTSTANDING!MADE ___ A M Q i m __ L. 1953...! 1954.. .1 1955...| 1956...| 1957...| 1958.. .1 1959.. .1 1 1960...I 1961...| 1962.. .1 1963.. .1 1964...| 1965...| 1966...| 1967...| 1968...1 1969...| j 1970...| 1971...| 1972...! 1973...! 1974...| 1975...! 1976...| 1977...| 1978...1 NEW IN | **** **** ***♦ **** ♦*** **** **** ***♦ **** **** **** **** **** **♦* **** **** 9. 11. 12. 14. - 8. 13. 17. 17. 9. 17. 4. 10. 12. 10. 4. 12. 16. 13. 12. 17. **** 10. 12. 9. 1. 13. 18. 10. 7. 20. **♦* 11. 12. 14. 12. 8. 12. 19. 22. 11. ***♦ 8. 11. 7. 6. 9. 15. 9. 14. 11. 18. 15. 8. 18. 21. 13. 14. 10. 11. 17. 14. 11. 25. 10. 11. 14. 10. 16. 16. 12. 11. 31. 9. 8. 15. 8. 19. 18. 18. 10. 13. 12. 20. 12. 13. 8. 16. 14. 18. 23. 5. 15. 15. 12. 20. **** *♦♦♦ **** ♦*** ♦*** **** CHANGE i DURING Y E A R ! . |LOANS | NEW I REFINANCING! 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 1 **** ♦*** **** *♦*♦ *♦** **** **** *♦** **** **** **** **** **** **** **** **** *♦** **** **** **** **** **♦* ♦ *** **** **** **** **** **** *♦** ♦♦♦* **** ♦*** 15. 16. 13. 9. 10. **** **** *♦♦♦ ***♦ **** **** **** **** **** **♦* **** **** *♦** 25. 14. -1. -10. 9. 7. 10. 15. 20. 23. 19. 16. 16. 15. **** 53. 44. 42. 24. 7. 9. 23. 7. -12. 41. 46. 47. 27. 4. 6. 20. 8. **♦* **** **** *♦♦♦ ♦ *** **** **♦* **** **** *♦** *♦** **** ***♦ **** ***♦ ***♦ *♦** **** **** 3. 3. 11. 3. *♦** 123. 36. 20. 13. 24. 20. 35. 5. -0. 25. 25. 26. 6. 11. 29. 25. 5. * FOR YEARS BEFORE 1971. DATA SHOWN FOR L I F E INSURANCE COMPANIES INCLUDE ALL FARM MORTGAGE LOANS; STARTI NG I N 1971. THE DATA SHOWN COVER FARM MORTGAGE LOANS IN THE UNI TED STATES ONLY. INSURANCE COMPANIES* CHANGE I CHANGE FROM DURING YEAR! PREVIOUS YEAR CHANGE FROM PREVIOUS YEAR LOANS!RENEWALS! COLLECTI ONS 0UTSTANDING1CL0SEDIMONEY |OF FED. LAND!REPAYMENTS OUTSTANDING I ACQUI - i o i S P O ~ AMOUNT___ LSIIlQNSlStlllQNS I_______ iLQANEQJ— BANK LOANS I______________ J_______ I___________ I_______________ ___ AMQUNI **** **** **** *♦** **** *♦** **♦# **** *♦** **** LIFE FEDERAL LANO BANKS CHANGE | CHANGE FROM PREVIOUS YEAR DURING YEAR | ____________________________________ | | | | | j j ! | j | j j j 1 1 1 | 1 1 | | | | 1 1 | | i 11. 9. 11. 9. 5. 3. 6. 0. -1. 24. -0. -21. 7. 15. 4, 23. 3. -5, 22. -3. 6. 6. 7. 12. 14. 12. 9. 6. 4. -1. -7. 19. 12. 40. 21. 10. -13. -16. -8. -30. - 10. 19. 6. 22. 13. 18. -8. - 1 2. 6. 6. -2. -1. 1. 6. 6. 7. 10. 19. 19. -42. 53. 41. 43. -1. 5. 39. 69. 16. - 23. 19. 15. 9. -4. -7. 31. 25. 14. 0, 22 TABLE 211.1A PRODUCTION CREDI T ASSOCIATIONS LOANS OUTSTANDING YEAR 1959.... 1960. . . . 1961.... 1962.... 1963.... 1964.... 1965.... 1966.... 1967.... 1968.... 1969.... 1970.... 1971 . . . . 1972.... 1973.... 1974.... 1975.... 1976.... 1977.... 1978.... AMOUNT 1 1 I MI LLI ONS 1 CHANGE DURING YEAR 1 OF |. I DOLLARS 1 MI LLI ONS PERCENT I( YEAR-END)1 OF 1 I _ DOLLARS.. 1 ***** ****** .1 1372. I 1 .1 1490. 118. 8. 6 . | 1652. 161. 10. 8 .1 1855. 203. 12. 3 .1 2123. 268. 14. 5 .1 2296. 173. 8. 1 .1 2598. 302. 13. 2 .1 3042. 444. 17. 1 .1 3551. 509. 1 6. 7 .1 3861. 310. 8.7 .1 4533. 672. 17. 4 1 .1 5334. 17. 7 801. 781. 1 4. 6 .1 6116. .1 6635. 519. 8. 5 1218. 1 8. 4 •1. 7853. 1649. .1 9502. 21.0 1240. 13. 0 . I 10742. .1 12196. 1455. 13. 5 .1 13454. 1258. 10. 3 .1 14901. 1447. 10. 8 1 NUMBER OF BORROWERS | 1 CHANGE DJRI NG YEAR THOUSANDS 1 ( YEAR- END) | PERCENT 1 THOUSANDS AVERAGE SI ZE I CHANGE DURING YEAR | DOLLARS i1 I ( Y EAR-END ) 1 PERCENT 1 1 DOLLARS 1 11 ****** ***** 1 5485. ****** ***** 254. 2 261. 3 269. 0 281. 5 288. 2 • 2 93. 8 299. 4 306. 5 303 . 9 301. 2 4. 1 7. 1 7. 7 12. 5 6.7 5. 6 5.6 7. 1 -2.5 -2.7 1. 6 2. 8 2. 9 4. 7 2.4 1. 9 1. 9 2.4 -0.8 -0.9 I 1 I 1 I i I I I 1 5 861. 6321. 6897. 7542. 7966. 8844. 10161. 11587. 12704. 15050. 376. 460. 576. 645. 424. 877. 1318. 1426. 1117. 2346. 6.9 7.8 9.1 9.4 5.6 1 1. 0 14. 9 1 4. 0 9.6 18. 5 298. 2 303.8 308. 7 311 . 9 323 . 8 328. 7 3 35. 6 342. 8 353 . 4 -3.0 5.7 4.8 3. 2 11 . 9 4.9 7. 0 7. 1 10. 7 -1.0 1.9 1. 6 1 I I 1 1 1 1 1 I 17891. 20128. 21496. 25180. 29344. 32682. 36338. 39253. 42162. 2841. 2237. 1369. 3683. 4164. 3338. 3656. 2915. 2909. 18.9 1 2. 5 6.8 17. 1 16. 5 11.4 11. 2 8.0 7.4 250. 1 1.0 3. 8 1. 5 2. 1 2. 1 3. 1 i _ _ 23 TABLE 212.1A YEAR 1 9 5 9 .... I9 6 0 .... 1961 . . . . 1 9 6 2 .... 1 9 6 3 .... 1964 . . . . 1 96 5 .... 1 96 6.... 1 96 7 .... 1 9 6 8 .... 1 96 9 .... 1 97 0 .... 1 9 7 1 .... 1 9 7 2 .... 1 9 7 3 .... 1 97 4.... 1 9 7 5 .... 1 97 6.... 1 9 7 7 .... 1 97 8.... PRODUCTION CREDIT ASSOCIATIONS LOANS MADE AND NEW LOANS 1 J 1 t MILLIONS 1 OF | DOLLARS 1 1 1 •J 2515. 1 .1 2607. .| 2869. .1 3217. .1 3551. .1 3705. .1 4136. .1 4813. .1 5428. .1 6053. .1 7077. .1 .1 . I .1 . I .1 .1 . | .1 1 LOANS MADE CHANGE FROM PREVIOUS YEAR 1 AS PERCENTAGE OF PERCENT 1LOANS OUT| STANDING* ****** ***** ***** 92. 262. 348. 333. 154. 430. 678. 615. 625. 1024. 3.7 1 0.0 12.1 10.4 4 .3 11 .6 16 .4 1 2.8 11.5 1 6.9 19 0 .1 192.5 194.8 191.4 J 7 4.5 160.1 165.2 178.4 170.5 183.3 1199. 1145. 1017. 2590. 1331. 1638. 2259. 1794. 3148. 16.9 1 3.8 10.8 2 4 .8 10.2 1 1. 4 14.1 9. 8 1 5.7 182.6 176.6 170.7 196.4 182.8 168.4 170.0 164.4 172.4 MILLIONS OF DOLLARS 8277. 9421. 10439. 13028. 14359. 15997. 18256. 20049. 23198. NEW LOANS 1 1. 1 1 MILLIONS COLLEC ” " l TIONS 1 1 1 ***** 1 1 148.3 1 151.2 1 152.9 1 158.1 1 156.2 I 160.1 1 162.0 1 167.0 1 162.9 1 17 1.0 1 1 1 172.5 1 172.7 1 162.5 1 165.1 1 17 3.6 1 168.4 ! 167.7 1 164.6 1 158.7 1 | | CHANGE FROM | PREVIOUS YEAR OF 1 _ DOLLARS I MILLIONS PERCENT | OF .1 Q0LLAB1 - |LOANS OUT I STANDING* .J___ COLL EC TIONS ****** ****** ***** ***** ***** 1879. 2062. 2312. 2518. 2549. 2889. 3419. 3766. 4020. 4823. ****** 183. 250. 206. 31. 340. 530. 348. 254. 803. ***** 9 .8 12.1 8 .9 1 .2 13.3 18.3 10.2 6 .7 2 0 .0 136.9 13 8 .4 14 0.0 135.7 120.0 125.8 131.6 12 3.8 113.2 124.9 106.8 108.7 10 9.8 112.1 107.5 11 1.8 115.1 11 5 .9 108.2 11 6.5 5608. 6269. 6976. 9123. 9981. 10743. 12369. 13420. 16036. 786. 661. 707. 2147. 858. 767. 1621. 1050. 2616. 16.3 11.8 11.3 30.8 9 .4 7 .7 15.1 8.5 19.5 12 3.7 11 7.5 114. 1 137.5 127. 1 113.1 115.2 11 0.0 119.2 116.9 1 14 .9 10 8.6 1 15 .6 12 0. 6 113.1 1 13 .6 11 0.3 109.7 1 | AS PERCENTAGE OF * OUTSTANDING LOANS AT END OF PRECEDING YEAR. "NEW LOANS" ARE COMPUTED AS LOANS MADE LESS RENEWALS. RENEWALS INCLUDE SOKE NONAGRiCULT URAL LOANS (SEE NOTE ON PAGE 2 0 ) . TABLE 2 1 3 . 1A PRODUCTION CREDIT ASSOCIATIONS RENEWALS AND COLLECTIONS RENEWALS I YEAR CHANGE FROM PREVIOUS YEAR 1 MILLIONS I 1 OF 1 1 DOLLARS I MILLIONS 1 PERCENT 1 OF J_ J__ QOLLARS__ 1 1960. . . . .1 1 96 1 ....,. 1 1 9 6 2 . . . . .1 1 9 6 3 ....,.i 1 9 6 4 . . . . , .1 1 9 6 5 . . . . , .1 1 9 6 6 . . . . . .1 1 9 6 7 . . . . . .1 1 9 6 8 . . . . . .1 1 9 6 9 . . . . , .1 | 1 9 7 0 - . . . . .1 1 97 1 ...... 1 1 9 7 2 . . . ~ .1 1 9 7 3 ...........1 1974...........1 1 9 7 5 . . . . . .1 1976...........1 1977...........1 1978...........1 | COLLECTIONS | | J CHANGE FROM 1 AS PERCENTAGE OF MILLIONS iI PREVIOUS YEAR 1 OF 1 JLOANS OU T LOANS COLLECTIONS DOLLARS I| MILLIONS I STANDING* MADE AND OF PERCENT 1 RENEWALS 11 DOLLARS 1 | AS IPERCENTAGE 1 OF LOANS 1 OUT1 STANDING* 1 729. 807. 906. 1033. 1156. 1247. 1395. 1662. 2033. 2255. ****** 78. 99. 127. 123. 91. 148. 267. 371. 221. ***** 10.7 12.2 1 4. 0 1 1. 9 7.9 11.9 19.1 2 2 .3 1 0.9 5 3.1 5 4 .2 5 4 .8 5 5 .7 5 4 .4 5 4. 3 5 3. 7 5 4 .6 5 7. 3 5 8 .4 2 8 .0 2 8.1 2 8. 2 29. 1 31.2 3 0.2 29 .0 3 0. 6 3 3 .6 3 1 .9 29.3 29.8 30.1 31 .5 32.8 32.5 31.9 33.8 3 5 .4 35 .3 1759. 1897. 2105. 2247. 2372. 2584. 2971. 3250. 3715. 41 4 0. ****** ***** 138. 2 08 . 142. 126. 2 12 . 387. 279. 4 65 . 42 5. 7 .9 1 1. 0 6 .7 5 .6 8 .9 1 5. 0 14.3 1 1 .4 12 8.2 12 7.3 1 27 .4 121.1 111.7 11 2.5 11 4.3 10 6.8 1 0 4 .6 10 7 .2 2668. 3152. 346 3. 3 90 5. 4378. 5249. 5886. 6630. 7162. 414. 484. 311. 4 42 . 472. 871. 638. 743. 5 32 . 1 8. 4 18.1 9 .9 1 2 .8 12.1 1 9 .9 12.1 1 2 .6 8 .0 5 8 .9 5 9.1 5 6 .6 5 8 .9 5 5. 7 5 5. 2 5 4. 8 5 4 .4 5 3.2 3 2 .2 3 3. 5 3 3. 2 3 a. o 3 0 .5 3 2 .8 3 2. 2 33.1 3 0 .9 35 .7 36.6 3 5.0 33.1 3 4. 6 3 5. 6 35.1 35 .3 3 2.9 4799. 5456. 6423. 7892. 8273. 9501. 10888. 12164. 14614. 659 . 6 58 . 967. 1469. 38 1. 1228. 1387. 1276. 24 50. 1 5 .9 1 3. 7 1 7.7 22.9 4.8 1 4 .8 1 4. 6 1 1 .7 2 0. 1 105.5 10 2.3 1 0 5 .0 1 18 .9 1 05 .4 1 00 .0 1 01 .4 9 9 .7 10 8 .6 1 . * OU TS TA ND IN G LOANS AT END OF PRE CED ING Y EA R . RENEWALS AND C O L L E C T IO N S INCLUDE SOME NGNAG RIC ULT UR AL LOANS (S E E NOTE ON PAGE 2 0 ) . 9 .4 24 TABLE 221.1A YEAR 1 9 6 4 .... 1 96 5.... 1 9 6 6 .... 1 9 6 7 .... 1 9 6 8 .... 1 9 6 9 .... 1 9 7 0 .... 1 9 7 1 .... 1 9 7 2 .... 1 9 7 3 .... 1 9 7 4 .... 1 9 7 5 .... 1 9 7 6 .... 1 9 7 7 .... 1 9 7 8 .... FEDERAL LAND BANKS LOANS OUTSTANDING AMOUNT 1 1 1 MILLIONS | CHANGE DURING YEAR 1 OF | | DOLLARS 1 MILLIONS PERCENT OF i ( Y E A R -E N D ) I 1 1 DOLLARS 1 ****** ***** .1 3717. 15.1 .1 4280. 563. 15 .8 .1 4957. 677. 13.1 .1 5608. 651. 9.2 .| 6125. 517. 9. 6 .1 6713. 588. 1 7 .0 473. .1 7186. 10.2 .1 7917. 731. 14.8 .1 9092. 1175. 2 0 .4 .1 10947. 1855. 2 2 .9 2509. .| 13456. 1 9. 0 .1 16014. 2557. 15.7 2510. .1 18524. 1 5. 9 .1 21466. 2942. 14 .9 3202. .1 24668. _ l ----- NUMBER OF LOANS 1 1 CHANGE DURING YEAR THOUSANDS 1 (YEA R-END)| PERCENT 1 THOUSANDS ___L L_ AVERAGE SIZE 1 1 CHANGE DURING YEAR 1 DOLLARS | 1(YEA R-EN D)I PERCENT 1 1 DOLLARS 38 0.6 384.2 38 9.7 395.6 398.3 40 2.4 ****** 3.6 5.5 5.9 2. 7 4.1 ***** 0.9 1 .4 1.5 0.7 1.0 1 1 1 1 1 I 9766. 11139. 12718. 14175. 15377. 16681. ****** 1373. 1579. 1457. 1202. 1304. ***** 14. 1 14.2 11.5 8 .5 8.5 40 4.2 40 4.6 40 7 .6 41 4.8 429.2 44 2.8 45 0.8 45 9.5 471.2 1.8 0 .4 3 .0 7.1 14.5 13.5 8.1 8. 7 11.6 0 .4 0.1 0.8 1.8 3.5 3.2 1.8 1.9 2.5 1 I I I 1 I 1 I I 17778. 19568. 22304. 26393. 31349. 36166. 41088. 46714. 52355. 1096. 1790. 2736. 4089. 4956. 4817. 4922. 5626. 5641. 6.6 10.1 14 .0 1 8. 3 1 8.8 1 5. 4 1 3 .6 13 .7 12.1 TABLE 2 2 2 . I A FEDERAL LAND BANKS LOANS CLOSED YEAR AMOUNT 1 1 CHANGE FROM i 11 PREVIOUS, YEAR I MILLIONS |1 i OF |L__... . . .. .. 1 DOLLARS 11 MILLIONS PERCENT OF 1 11 NUMBER OF LOANS l 1 I CHANGE FROM 1 I PREVIOUS YEAR 1 | THOUSANDS I 1 t | THOUSANDS PERCENT l 1 1 _ L | 1 DOLLARS 1 | AVERAGE SIZE 1 ( 1 t | CHANGE FROM PREVIOUS YEAR DOLLARS PERCENT ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** 31571. 37870. 44458. 54802. 63118. 72056. 79480. 90616. 96432. ****** 62 99. 6588. 10345. 8316. 8937. 742 5. 11135. 5817. ***** 2 0. 0 1 7 .4 2 3 .3 15.2 14.2 10 .3 14.0 6.4 J__ QDLLA&5_____________ 1___________ 1_______________________ i. 1 9 6 4 .... 1 9 6 5 .... 1 9 6 6 .... 1 9 6 7 .... 1 9 6 8 .... 1969-------- .j . l .j .j . | .j 1 97 0 .... 1 9 7 1 .... 1 9 7 2 .... 1 9 7 3 .... 1 9 7 4 .... 1 9 7 5 .... 1 9 7 6 .... 1 9 7 7 .... 1 9 7 8 .... .1 .1 .1 .1 .1 .1 .1 .1 . | _ L_ ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ***** ***** ***** ***** ***** ***** 1017. 1555. 223 8. 3169. 3940. 4219. 4585. 5619. 6014. ****** 538. 683. 931. 771. 279. 366. 1034. 395. ***** 5 2. 9 4 3 .9 4 1 .6 2 4 .3 7 .1 8.7 2 2 .5 7.0 1 1 ! 1 1 1 1 1 1 1 1 1 l » 1 1 — 1— 5 4. 8 5 8. 4 5 4 .0 4 8. 5 4 0 .8 3 8 .4 ****** 3 .7 -4 .4 -5 .5 -7 .7 -2 .5 ***** 6.7 -7 .6 -1 0.2 -1 5 .8 -6 .0 3 2. 2 41.1 50.3 5 7.8 62.4 58.6 5 7.7 6 2 .0 6 2 .4 -6 .2 8.9 9 .3 7.5 4 .6 -3 .9 -0 .9 4.3 0 .4 -1 6.1 27.5 22.6 14.9 7. 9 -6 .2 -1 .5 7.5 0.6 1 1 1 1 1 1 i 1 1 1 1 1 1 1 1 L 25 TABLE 223.1A YEAR 1 96 4 .... 1 9 6 5 .... 1 96 6.... 1 96 7 .... 1 96 8.... 1 96 9 .... 1 9 7 0 .... 1 97 1.... 1 9 7 2 .... 1 9 7 3 .... 1 9 7 4 .... 1 9 7 5 .... 1 9 7 6 .... 1 97 7.... 1 9 7 8 .... FEDERAL LAND BANKS LOANS CLOSEO AND NEW MONEY LOANED LOANS CLOSED 1 | FROM CHANGE 1 AS PERCENTAGE OF PREVIOUS YEAR | MILLIONS 1 OF REPAY LOANS OUT MILLIONS 1 DOLLARS STANDING* MENTS PERCENT OF 1 11 1 1 DOLLA RS 1 ****** ***** .) ****** ***** ***** ***** ***** .| ****** ***** ****** ***** ***** . | ****** ****** ***** ****** ***** .| ****** ***** ***** ****** ***** ***** .j ****** ***** ***** ***** | ****** ****** ***** 1 ****** ***** 25 5.6 15.1 .1 1017. 5 2 .9 21.6 31 2. 0 538. .1 1555. 360.4 4 3 .9 28 .3 683. .1 2238. 4 1 .6 3 4. 9 4 04 .3 .1 3169. 931. 36.0 47 4.5 771. 2 4 .3 .1 3940. 31 .4 279. 7. 1 4 58 .5 .1 4219. 28.6 38 6 .9 366. 8 .7 .1 4585. 30 .3 380.6 1034. 2 2 .5 .1 5619. 2 8.0 3 86 .4 395. 7.0 .1 6014. _ * OUT S TA ND IN G LOANS A T YEAR 1 9 6 5 .... 1 9 6 6 .... 1 9 6 7 .... 1 9 6 8 .... 1 9 6 9 .... 1 9 7 0 .... 1 9 7 1 .... 1 9 7 2 .... 1 9 7 3 .... 1 9 7 4 .... 1 9 7 5 .... 1 9 7 6 .... 1 9 7 7 .... 1 9 7 8 .... .1 146. .1 326. •I 442. .1 530. .1 600. •1 742. .1 890. .1 1201. •1 1256. - J _______________ AS PERCENTAGE OF REPAY MENTS 707. 887. 1012. 998. 902. 985. ****** 180. 125. -1 5. -9 5. 84. ***** 2 5.5 14.1 -1 .4 -9 .5 9 .3 ***** 2 3 .9 2 3 .6 2 0 .1 16.1 16.1 ***** 27 3 .3 3 0 1 .9 2 8 8 .2 2 34 .3 2 4 7 .5 871. 1229. 1796. 2639. 3340. 3478. 3696. 4418. 4758. -1 16 . 358. 567. 843. 701. 138. 218. 723. 340. -1 1 .7 4 1. 2 46.1 4 7 .0 2 6. 5 4 .1 6 .3 19.6 7 .7 1 3.0 17.1 2 2 .7 2 9 .0 3 0 .5 25.8 2 3 .1 23.9 2 18 .9 24 6.6 28 9 .2 3 36 .7 4 0 2 .2 22.2 3 0 5 .7 3 77 .9 3 1 1 .8 2 99 .3 FEDERAL LAND BANKS REFINANCING ANO REPAYMENTS R EF IN A N C IN G OF FEDERAL CHANGE FROM 1 1i PREVIOUS YEAR |1 11 M IL L IO N S PERCENT OF 11 1! n O L lA R S LAND BANK LOANS REPAYMENTS 1 i AS PERCENTAGE OF 1 I LOANS O U T RE F IN A N C IN G LOANS I STAND ING* CLOSED AND 1 REPAYMENTS M IL L IO N S OF DOLLARS CHANGE FROM PREVIO US YEAR | | 1 M IL L IO N S OF 1 DOLLARS PERCENT 1 AS (PERC EN TAG E 1 OF LOANS 1 OUTI STAND ING* 1 *** *** ****** ****** ****** * ** *** * *** * *** ** * ** ** ** * * * ***** *** ** ****** *** ** *** ** ***** ***** ***** ***** *** ** ***** *** ** ***** ***** *** ** ***** 325. 335. 346. 385. 399* 11. 11. 39. 13. ** * * * 3 .3 3 .3 11.3 3 .5 8 .7 7 .8 7 .0 6 .9 6 .5 ****** 1 80 . 1 16 . 88. 70. 141. 148. 311. 55. ** * * * 123.2 35.7 19.8 13.3 23.5 19.9 35.0 4 .6 2 .2 4 .5 5 .6 5 .8 5 .5 5 .5 5 .6 6 .5 5 .8 14.4 21.0 19.8 16.7 15.2 17.6 19.4 21.4 20.9 26.8 39.5 41.6 40.3 42.0 44.6 4 2.9 44.9 44.6 398. 498. 621. 784. 830. 920. 1185. 1476. 1557. -1 . 101. 123. 163. 47. 90. 265. 291. 80. -0 .2 2 5.3 24.6 2 6.2 6 .0 10.8 28.8 24* 6 5 .4 5 .9 6 .9 7 .8 8 .6 7 .6 6 .8 7 .4 8 .0 7 .3 • OUTSTANDING LOANS AT ENO OF PRECEDING YEAR. •REFINANCING OF FEDERAL LAND BANK LOANS" IS COMPUTED AS LOANS CLOSEO LESS NEW MONEY LOANEO, "REPAYMENTS” ARE COMPUTED AS NEW MONEY LOANED LESS THE CHANGE IN LOANS OUTSTANDING. I 1LOANS OU T I STANDING* END OF PRECEDING YE A R. TABLE 224.1A 1 1 1 1 M IL L IO N S 1 OF 1 DOLLARS I 1 1 . | * ** *** .1 * ** * ** . | *** *** . | ****** . j ** * * ** i NEW MONEY LOANED CHANGE FROM 11 PREVIOUS YEAR MILLIONS 1I OF |1 DOLLARS 11 MILLIONS PERCENT OF 1! li DOLLARS 26 S E C T IO N LIFE 230 INSURANCE TO THE AMERICAN CO U N CIL OF L I F E TABLE INSURANCE 2 3 3 . 1A FARM MORTGAGE A C Q U I S I T I O N S FARM MORTGAGES OU TS TA N D IN G YEAR COMPANIES REP ORTING T A BL E 2 3 2 . 1A TA BL E 2 3 1 . 1A 1 | M IL L IO N S 1 CHANGE DURING YEAR OF | DOLLARS | M IL L IO N S PERCENT (Y E A R -E N D )1 OF 1 DOLLARS FARM MORTGAGE D I S P O S I T I O N S 1 1 | AS PER - ! CHANGE FROM I CHANGE FROM 1 1 AS PER M IL L IO N S 1 PREVIOUS. YEAR IC EN TA GE OF! M IL L IO N S 1 PR EVI OU S YEAR C E N T A G E OF OF |. OF 1 MORTGAGES! 1 1 MORTGAGES 1 DOLLARS 1 M IL L IO N S OUTDOLLARS i M I L L I O N S 1 1 OUTOF PERCENT | S T A N D IN G * ! Percent 1 OF 1 1 S TA NDI NG * | 1 DOLLARS _____________ i . _ 1 ... ..... - 1- DOLLARS ALL FARM MORTGAGE LOANS 1 9 5 2 ...1 1 9 5 3 ...| 1 9 5 4 ...| 1 9 5 5 ... | 1 9 5 6 ...| 1 9 5 7 ...| 1 9 5 8 ...| 1 9 5 9 ...| 1685. 1872. 2046. 2264. 2470. 2585. 2667. 2826. ***** ***** 18 7 . 174. 218. 206. 1 15. 82. 1 59 . 11.1 9 .3 10.7 9.1 4 .7 3 .2 6 .0 *** * ** 417. 413. 513. 511. 406. 436. 503. * *** * *** ** -4 . 100. -2 . -1 0 5 . 30. 67. *** ** *** ** -1 .0 24.2 -0 .4 -2 0 .5 7 .4 15.4 *♦** 2 4.7 22.1 25.1 2 2.6 16.4 16.9 18.9 1 1 1 1 1 1 1 1 1 1 * ** *** 230. 239. 295. 305. 291. 354. 344. ** * * * ** * * * 9. 56. 10. -1 4 . 63. -1 0 . *** ** *** ** 3 .9 23.4 3 .4 -4 .6 21.6 -2 .8 *** * 13.6 12.8 14.4 13.5 11.8 13.7 12.9 1 9 6 0 ...| 1 9 6 1 ...| 1 9 6 2 ... | 1 9 6 3 ... | 1 9 6 4 ... | 1 9 6 5 ... | 1 9 6 6 ...1 1 9 6 7 ... | 1 96 8 .. . i 1 9 6 9 ...| 2983. 3170. 3400. 3792. 4304. 4823. 5240. 5569. 5803. 5773. 1 57 . 187. 230. 392. 512. 519. 417. 329. 234. -3 0 . 5 .6 6 .3 7 .3 11.5 13.5 12.1 8.6 6 .3 4.2 -0 .5 467. 555. 619. 866. 1047. 1149. 994. 837. 772. 540. -3 6 . 88. 64. 247. 181. 102. -1 5 5 . -1 5 7 . -6 5 . -2 3 2 . -7 .2 18.8 11.5 39.9 20.9 9 .7 -1 3 .5 -1 5 .8 -7 .8 -3 0 .1 16.5 18.6 19.5 25.5 2 7.6 26.7 20.6 16.0 13.9 9 .3 310. 368. 389. 474. 535. 630. 577. 508. 538. 570. -3 4 . 58. 21. 85. 61. 95. -5 3 . -6 9 . 30. 32. -9 .9 18.7 5 .7 21.9 12.9 17.8 -8 .4 -1 2 .0 5 .9 5 .9 11.0 12.3 12.3 13.9 14.1 14.6 12.0 9 .7 9 .7 9 .8 1 9 7 0 ...| 1 97 1 ...| 1 9 7 2 ... 1 1 9 7 3 ...| 1 9 7 4 ... | 1 9 7 5 ...| 1976. . . | 1 9 7 7 ...| 1976. 5649. 5601. 5678. 5996. 6327. 6753. 7425. 8842. 10499. -1 2 4 . -4 8 . 77. 318. 331. 426. 672. 1417. 1657. -2 .1 -0 .8 1.4 5 .6 5 .5 6 .7 10.0 19.1 18.7 314. 503. 700. 1006. 1007. 1075. 1540. 2460. 2748. -2 2 6 . 189. 197. 306. 1. 68. 465. 920. 288. -4 1 .9 60.2 39.2 4 3.7 0 .1 6 .8 43.3 59.7 11.7 5 .4 8 .9 12.5 17.7 16.8 17.0 22.8 33.1 31.1 1 1 1 1 1 ! 1 1 1 1 1 1 1 1 1 1 1 1 1 1 ___ L 438. 551. 623. 688. 676. 649. 868. 1043. 1091. -1 3 2 . 113. 72. 65. -1 2 . -2 7 . 219. 175. 48. -2 3 .2 2 5 .8 13.1 10.4 -1 .7 -4 .0 33.7 2 0.2 4 .6 7 .6 9 .8 11.1 12.1 11.3 10.3 1 2.9 14.0 12.3 FARM MORTGAGE LOANS IN THE U N I T E D ****** ***** ***** *** * 438. 521. 597. 651. 627. 583. 765. 954. 1089. 83. 76. 54. -2 4 . -4 4 . 183. 189. 135. 18.9 14.7 9.1 -3 .7 -7 .1 31.4 24.6 14.2 7 .7 9 .3 10.8 11.6 10.6 9 .3 1 1.4 12.9 12.3 1 9 6 9 ...| 5714. ***** ***** *** *** ***** ***** * *** 1 9 7 0 ...| 1 9 7 1 ...| 1 9 7 2 ...| 1 9 7 3 ...| 1 9 7 4 ...| 1 9 7 5 ...| 1 9 7 6 ...| 1 9 7 7 ... | 1 9 7 8 ... | 5591. 5551. 5630. 5942. 6273. 6697. 7400. 8819. 10478. -1 2 4 . -4 0 . -2 .2 -0 .7 1 .4 5.5 5 .6 6 .8 10.5 19.2 1 8. 8 314. 481. 676. 964. 958. 1007. 1402. 2373. 2 748. ***** *** ** 53.0 40.6 4 2.6 -0 .6 5 .2 39.3 69.2 5 .5 8 .6 12.2 17.1 16. 1 16.1 20.9 32.1 31.2 ♦ OU T S T A N D IN G AMOUNT AT 79. 312. 330. 424. 703. 1419. 1659. END OF PRECEDING FOR ALL FARM MORTGAGE LOANS* 166. 195. 288. -6 . 49. 395. 971. 375. 15.8 S T A TE S ( 1 1 1 ! ! 1 1 1 1 1 1 I YE AR . "FARM MORTGAGE 0 1 S P O S IT IO N S " ARE COMPUTED AS A C Q U I S I T I O N S LESS THE CHANGE IN MORTGAGES O U T S T A N D IN G . AGRICULTURAL FINANCE DATABOOK— ANNUAL SERIES 400 410 NOVEMBER 1979 INTEREST RATES ON FARM DEBT AVERAGE RATES ON OUTSTANDING DEBT 411.1 MORTGAGE DEBT, 19 10 -D AT E, AND NON-REAL-ESTATE DEBT, E C O N O M I C S ^ S T A T I S T I C S ^ A N D ^ O O P E R A T I VES SERVICE, U . S . DEPARTMENT OF AGRICULTURE. 1 9 4 0 -D A T E .. . . 2 8 27 28 TABLE 411.1 * YEAR AVERAGE INTEREST RATES ON OUTSTANDING FARM DEBT 1 | 1 | 1 1 MORTGAGE DEBT, JANUARY 1 1 ALL | LENDERS | 1 1 11 FEDERAL |1 LIFE 1 OTHER LAND 1I INSURANC E| LENDERS BANKS 1| COMPANIES| J_____________ J-LO M ltiELL *** *♦* OTHER LENDERS (PERCENT) 1 non- r e a l - e s t a t e - d e b t 1 PRODUCTION 1 _| CREDIT BANKS ASSOCIA MISCEL 1 LANEOUS 1 TIONS BANKS INDIVIDUALS 6 .2 6 .3 6 .3 6.4 6.4 6.4 6.5 6 .5 6.4 6 .4 6 .0 6 .0 6 .0 6.1 6.0 6.1 6.1 6.1 6.1 6.1 6 .5 6 .5 6 .5 6 .5 6.5 6 .5 6 .5 6 .5 6.4 6.4 *** *** *** *** *** *** *** *** *** *♦* **♦ *** *** *** *** *** *** *** *** *** 6 .1 6 .1 6 .2 6. 3 6 .3 6 .3 6 .3 6 .3 6 .2 6. 2 6 .3 6.4 6.6 6 .7 6.7 6 .6 6.6 6 .4 6 .3 6.2 *** ♦ ** *** *** *** *** *** *** *** *** *** *** *** *** *** *** *** ♦** *** *** *** *** *** *** ♦** *** *** ♦** 5.0 5.3 5 .5 5 .5 5 .6 5 .6 5 .7 5 .7 5 .8 5 .8 5.7 5 .8 6. 1 *** *** *** **♦ *** *** 6 .1 6.2 6 .3 6.4 6 .3 6 .3 6.2 6 .1 6 .1 6 .0 5 .4 5 .4 5 .5 5.6 5 .6 5 .6 5 .6 5 .5 5.4 5.4 5 .8 5 .8 6 .0 6.0 5.9 5.9 5.9 5.8 5.8 5.7 6 .2 **♦ *** *** *** *** ♦** *** *** 6.5 6 .6 6.9 7.0 7.0 6.9 6.8 6 .7 6 .6 6.6 1930........... | 1 9 3 1 .... . | 1932.......... | 1933 .......... I 1934........... | 1935.......... 1 1936 .......... 1 1937........... | 1 9 3 8 ..... 1 1939........... I 6 .0 6.0 6 .0 6.0 5 .8 5 .5 5.1 4.9 4 .7 4.6 5.4 5 .4 5 .4 5 .4 4.5 4.6 3. 9 4 .0 3 .7 3 .7 5 .7 5 .6 5 .6 5.6 5.6 5.6 5 .6 5.5 5 .3 5 .1 6.2 6 .2 6 .2 6 .2 6.1 6 .0 5 .8 5 .7 5 .6 5 .4 6.5 6.6 6.6 6.6 6.5 6 .3 6 .2 6.0 5 .8 5 .7 6 .1 6 .1 6.1 6.1 6.0 5 .9 5.8 5 .6 5. 5 5.3 6. 1 6 .1 6 .1 6. 1 6 .1 6.0 5 .8 5 .6 5 .4 5 .3 **♦ *** ♦** *** *** *** *** *** *** *** *** *** *#* *** *** *** 1940........... 1941.......... 1942........... 1943.......... 1944........... 1 9 4 5 .... . 1946........... 1947.......... 1948 .......... 1949 . . . . . I 1 I I I | | 1 1 1 4.6 4 .5 4.4 4.4 4.4 4 .5 4.6 4.5 4 .5 4.5 3 .7 3.5 3 .5 3 .5 3.5 4 .1 4 .2 4 .2 4 .1 4 .1 4.9 4.8 4.8 4.7 4.5 4.5 4.4 4.4 4 .3 4 .3 5 .3 5 .2 5.1 5 .0 4.9 4 .8 4 .8 4.7 4.7 4.6 5 .5 5 .5 5 .4 5.4 5 .3 5 .2 5.2 5.1 5 .1 5 .0 5.2 5.2 5.1 5.0 5. 0 4 .9 4. 9 4 .7 4 .6 4 .6 5. 1 4 .9 4.8 4.6 4 .4 4 .2 4 .3 4 .3 4.3 4 .3 *** *#* *** 7.1 6 .6 6.3 6. 1 6 .2 6 .2 6.4 5.5 5.3 5. 2 5.2 5 .3 5 .4 5.4 S .4 5 ,7 6 .1 1950........... 1951........... 1952........... 1953........... 1954........... 1955 .......... 1956........... 19 57 .......... 1958........... 1 9 5 9 .... . 1 1 I t | 1 i 1 I I 4 .5 4 .5 4.6 4.6 4 .6 4.7 4 .7 4 .7 4 .8 4 .9 4 .1 4.1 4 .1 4 .1 4 .1 4. 1 4 .1 4 .1 4 .2 4.4 4 .3 4 .3 4.4 4 .4 4.5 4.5 4 .6 4.6 4.7 4.8 4.7 4.7 4.8 4.8 4.8 4.9 4.9 5 .0 5 .0 5.1 5 .0 5.1 5 .2 5 .2 5. 3 5. 3 5 .3 5.4 5 .5 5.6 4 .6 4 .6 4 .7 4 .7 4 .7 4 .8 4 .8 4 .9 4. 9 4.9 4.4 4 .5 4.5 4.6 4.6 4.6 4.6 4 .8 4.9 5 .0 6 .4 6.4 6 .5 6.6 6.4 6.4 6 .5 6 .7 6 .7 6 .8 6.1 6 .2 6.5 6.5 6.4 6.1 6 .2 6 .7 6.8 6 .6 1960........... I 1961 .......... 1 196 2 .......... 1 1963 .......... \ 1964........... 1 1965.......... 1 1966.......... I 1967........... I 1968 ........... I 1 9 6 9 . . . . 5 5 .0 5.1 5 .2 5 .3 5. 3 5 .4 5 .4 5 .4 5 .6 . 7 4.6 4.8 4.9 5 .0 5. 1 5 .2 5 .2 5.4 5 .6 5. 7 5 .0 5.1 5 .2 5 .3 5 .4 5 .5 5 .5 5 .6 5 .7 5. 8 5.1 5 .2 5. 2 5 .3 5 .3 5 .4 5 .4 5.4 5 .5 5. 6 5 .7 5 .8 5.9 6.0 6.0 6.0 6. 0 6.0 6 .2 6. 3 4 .9 4.9 5.0 5.1 5.1 5.1 5.1 5.1 5.2 5. 2 5.1 5. 3 5.2 5. 3 5 .4 5 .4 5 .5 5 .6 5 .9 5. 9 6.8 6 .8 7.0 6.9 6.7 6 .7 6 .8 7 .0 7 .3 7. 8 7.3 6.6 6.4 6. 3 o.5 6 .6 6 .9 7 .3 7 ;4 7. 8 1970........... 1971.......... 1 9 7 2 ..... 1973........... 1974........... 1975.......... 1976.......... 5 .8 6.0 6 .0 6 .2 6 .5 6.9 7.2 6.0 6 .4 6.5 6.6 7.0 7 .8 8 .2 5 .9 6 .0 6 .2 6.3 6.7 6 .9 7. 2 5 .7 5.R *** *** *** *** *♦* 6 .5 6.7 7. 1 7.4 7 .7 8 .0 8 .3 5 .3 5.4 5.5 5.7 6.0 6.1 6.1 6 .2 6. 2 *** *** ♦** ♦** *** 8.1 7 .9 7.8 8 .4 9 .2 8 .8 8 .9 9 .0 7 .4 7.1 8.1 9 .3 8 .8 8 .2 I I I | i | | | | | 6 .0 6 .0 6 .1 6 .1 6 .1 6 .1 6 .2 6.1 6. 1 6 .1 1920........... | 1921.......... \ 1922........... | 1923........... | 1924.......... I 1925.......... | 1926........... 1. 1927 .......... | 1928.......... | 1929........... | 1910.......... 1911........... 1912 .......... 1913.......... 1914 ........... 1915........... 1916........... 1917 .......... 1918........... 1919 .......... I I I I I | I *** *** DATA FOR NON-REA L-E STA TE DEBT INCLUDE SERVICE CHARGES. DATA FOR "FEDERAL LAND BANKS" INCLUDE DEBT OWED TO THE FEDERAL FARM MORTGAGE CORPORATION ( 1 9 3 3 - 1 9 5 5 ) . STARTING IN 1972, DATA SHOWN UNDER "I ND IV ID U AL S " IS FOR "INDIVI DUA LS AND OTHERS," WHICH INCLUDES DEBT SHOWN UNDER "MISCELLANEOUS" IN EARLIER YEARS, EXCEPT THAT DEBT OWED TO THE FARMERS HOME ADMINISTRATION IS EXCLUOED. THE JANUARY 1 RATE ON THE LATTER DEBT WAS 5 .0 PERCENT IN 19 72 -7 8 AND 5 .4 PERCENT IN 1979. AGRICULTURAL FINANCE DATABOOK— ANNUAL SERIES 500 BALANCE SHEET AND ASSETS OF THE FARMING SECTOR, JANUARY I , 510 CURRENT DOLLARS 511.1 511.2 511.3 51 1.4 512 520 AMOUNTS..........................................................................................................................................30 CHANGE DURING YEAR............................................................................................................... 31 PERCENTAGE CHANGE DURING YEAR......................................................................................32 PERCENTAGE D IS T R I B U T IO N .................................................................................................... 33 IN 1967 DOLLARS 512.1 512.2 512.3 5 12 .4 AMOUNTS.......................................................................................................................................... 34 CHANGE DURING YEAR................................................................................................................35 PERCENTAGE CHANGE DURING YEAR.......................................................................................36 PERCENTAGE CHANGE DURING PREVIOUS FIVE YEARS.................................................. 37 ASSETS 521 CURRENT DOLLARS 521.1 521.2 521.3 52 1 .4 522 AMOUNTS.......................................................................................................................................... 38 CHANGE DURING YEAR................................................................................................................39 PERCENTAGE CHANGE DURING YEAR.......................................................................................40 PERCENTAGE D IS T R I B U T IO N ......................................................................................................41 IN 1967 PRICES 522.1 522.2 52 2.3 5 22 .4 AMOUNTS.......................................................................................................................................... 42 CHANGE DURING YEAR..................................................................... 43 PERCENTAGE CHANGE DURING YEAR......................................................................................44 PERCENTAGE D IS T R I B U T IO N ....................................................................................... 45 IM P L IC IT PRICE DEFLATORS FOR ASSETS 531.1 531.2 540 1940-DATE BALANCE SHEET, MAJOR ASSETS AND CLAIMS 511 530 NOVEMBER 1979 INDEX, 1967=100...................................................................................................................... 46 PERCENTAGE CHANGE DURING YEAR.................................................................................... 47 I M P L I C I T NET INVESTMENT, CAPITAL GAINS,' AND RELATED DATA 541.1 542.1 543.1 544.1 545.1 SOURCE: CHANGES IN ASSETS, L I A B I L I T I E S , AND NET WORTH...............................................48 I M P L IC IT NET INVESTMENT AND INTER-SECTOR TRANSFERS................................... 49 I M P L IC IT NOMINAL CAPITAL GAINS...................................................................................50 IM P L IC IT REAL CAPITAL GAINS..........................................................................................51 CAPITAL GAINS COMPARED WITH FARM CASH FLOW ANDNET INCOME..................... 52 BALANCE SHEEI Qf ..I HE-EARM1M£.S£(1IQR, ECONOMICS, S T A T I S T I C S , AND COOPERATIVES SERVICE, U . S . DEPARTMENT OF AGRICULTURE. DO NOT CONFUSE BALANCE SHEET DATA IN CONSTANT DOLLARS (TABLE 5 1 2 .1 ) wITH ASSET DATA IN CONSTANT PRICES (TABLE 5 2 2 . 1 ) . THE FOOTNOTES TO THESE TABLES EXPLAIN THE DIFFERENCE. NOTE THAT USE OF THE TERMS “ CONSTANT DOLLARS" AND "CONSTANT PRICES" IS HIGHLY USEFUL IN D IFF ERE NT IAT ING BETWEEN THESE TWO CONCEPTS. BE AWARE, HOWEVER, THAT THIS HELPFUL D IS T IN C T IO N IS NOT CURRENTLY MADE BY ALL ORIGINATORS OF ECONOMIC DATA. FOR EXAMPLE, REAL GNP, LABELED AS " I N 1972 DOLLARS" BY THE DEPARTMENT OF COMMERCE, IS ACTUALLY " I N 1972 P R IC ES ," AS EACH COMPONENT OF GNP IS DEFLATED BY AN INDEX OF I T S OWN PRICES. SECTION 540 PRESENTS SERIES ON NET INVESTMENT AND CAPITAL GAINS DERIVED FROM BALANCE SHEET DATA IN THE TR ADITION OF PREVIOUS WORK BY DAVID BOYNE, DALE HOOVER, KUL BH ATIA, AND OTHERS. THIS LITERATURE ON NOMINAL AND REAL CAPITAL GAINS IN AGRICULTURE IS SUMMARIZED IN THE SECTION EN TITLED "REAL WEALTH EFFECTS OF PRICE CHANGES" IN "AGRICULTURAL FINANCE AND CAPITAL MARKETS," BY JOHN R. BRAKE AND EMANUEL MELICHAR, A SURVEY OF AGRICULTURAL ECONOMICS L I T E R A T U R E . VOLUME 1 , LEE R. MARTIN, EDITOR, UNIVERSITY OF MINNESOTA PRESS, 1977, PR. 4 45 -4 4 7 . MORE DETAIL AND A DISCUSSION OF METHODOLOGY IS PRESENTED IN "CAPI TAL GAINS IN THE U . S . FARMING SECTOR, NOMINAL AND REAL, 1 9 4 0 -1 9 7 4 , " BY EMANUEL MELICHAR AND MARIAN SAYRE, A PAPER PRESENTED AT THE MEETING OF THE AMERICAN AGRICULTURAL ECONOMICS ASSOCIATION, AUGUST 11, 1975 (AVAILABLE FROM THE AUTHORS UPON RE Q U E S T ). AS RECOMMENDED IN THE CONCLUSIONS OF THAT PAPER ( P . 7 ) , SECTION 540 USES THE APPROACH DESCRIBED AS "METHOD B , " EXTENDS I T TO ALL BALANCE SHEET ITEMS, AND USES BALANCE SHEET DATA WITHOUT PRIOR ADJUSTMENT. FOR A RECENT DISCUSSION OF THESE CAPITAL GAINS SERIES, SEE "CAPI TAL GAINS VERSUS CURRENT INCOME IN THE FARMING SEC TO R," BY EMANUEL MELICHAR, A PAPER PRESENTED AT THE MEETING OF THE AMERICAN AGRICULTURAL ECONOMICS ASSOCIATION, AUGUST 1, 1979 (AVAILABLE FROM THE AUTHOR UPON REQUEST). A CONDENSED VERSION DECEMBER 1979. 29 30 TABLE 511.1 BALANCE SHEET OF THE FARMING SECTOR, JANUARY 1 CURRENT DOLLARS AMOUNTS IN MILLIONS OF DOLLARS 1 | 1 | 1 1 YEAR 1 9 4 0 .... 1 9 4 1 .... 1 9 4 2 .... 1 9 4 3 .... 1 9 4 4 .... 1 9 4 5 .... 1946. . . . 1 9 4 7 .... 1 9 4 8 .... 1 9 4 9 .... 1 9 5 0 .... 1951 . . . . 1 9 5 2 .... 1 9 5 3 .... 1 9 5 4 .... 1 9 5 5 .... 1 9 5 6 .... 1 9 5 7 .... 1 9 5 8 .... 1 95 9.... .1 .1 .1 .1 .1 .1 .1 .1 .1 .1 f .1 .1 .1 .! • .1 .1 .1 .1 .1 I9 6 0 .... 1 9 6 1 .... 1 9 6 2 .... 1 9 6 3 .... 1 9 6 4 .... 1 9 6 5 .... 1966. . . . 1967. . . . 1 9 6 8 .... 1 9 6 9 .... 1 9 7 0 .... 1 9 7 1 .... 1 9 7 2 .... 1 9 7 3 .... 1974. . . . 1 9 7 5 .... 1 9 7 6 .... 1977. . . . 1 9 7 8 .... 1979. . . . 1 9 8 0 .... .1 .1 . I .1 .1 .1 .1 .1 .1 .1 a 1 .! .1 .1 .1 .1 .| .I .1 .1 .! a 1 .1 ASSETS TOTAL 1 | | 1 REAL ESTATE 1 | 1 1 1 1 1 1 1 FIN ANCIAL! CLAIMS NON-REAL-ESTATE TOTAL PHYSICAL TOTAL 1 1 | 1 LIA BILITIES TOTAL CCC LOANS 1 1PROPRIETORS' DEBT | EQ U ITI ES EXCLUDINGI J___________ ]__________________________ CLC-LQAMSl. 53025. 54756. 62920. 73615. 83968. 93 755. 102898. 115906. 127386. 134643. 33636. 34400. 37547. 41604. 48200. 53884. 61046. 68463. 73664. 76623. 19389. 20356. 25373. 32011. 35768. 39871. 41852. 47443. 53722. 58020. 15072. 15648. 19726. 24433. 25916. 27367. 26932. 31495. 37705. 41964. 4317. 4708. 5647. 7578. 9852. 12504. 14920. 15948. 16017. 16056. 53025. 54756. 62920. 73615. 83968. 93755. 102898. 115906. 127386. 134643. 10035. 10470. 10468. 9900. 8871. 8344. 7905. 8413. 9238. 11370. 445. 629 . 61 0. 773. 589. 683. 277. 65. 84. 1152. 9590. 9841. 9858. 91 27 . 8282. 7661. 7628. 8348. 9154. 10218. 42990. 44286. 52452. 63715. 75097. 85411. 94993. 107493. 118148. 123273. 134544. 154303. 170099. 167600. 164559. 168795. 173644. 182756. 191257. 208397. 77600. 89523. 98452. 100051. 98654. 1C2216. 107503. 115666. 121754. 131054. 56944. 64780. 71647. 67549. 65905. 66579. 66141. 67090. 69503. 77343. 41092. 48736. 55037. 50761. 48895. 49152. 48276. 49215. 51227. 58249. 15852. 16044. 16610. 16788. 17010. 17427. 17865. 17875. 18276. 19094. 134544. 154303. 170099. 167600. 164559. 168795. 173644. 182756. 191257. 208397. 12454. 13050. 14643. 16100. 16934. 17660. 16792. 19345. 20411. 23649. 1721. 812. 588. 1184. 2390. 2219. 1870. 1563. 1215. 2473. 10733. 12238. 14055. 14916. 14544. 15441. 16922. 17782. 19196. 21176. 122090. 141253. 155456. 151500. 147625. 151135. 154852. 163411. 170846. 184748. 210181. 210858. 219333. 227667. 235753. 243807. 260806. 274255. 287965. 302788. 137161. 138466. 144548. 150181. 158557. 167502. 179211. 189104. 199700. 209190. 73020. 72392. 74785. 77486. 77196. 76305* 81595. 85151. 88265. 93598. 54947. 54521. 56662. 58833. 58385. 56925. 61664. 64735. 67079. 71523. 18073. 17871. 18123. 18653. 18811. 19380. 19931. 20416. 21186. 22075. 210181. 210858. 219333. 227667. 235753. 243807. 260806. 274255. 287965. 302788. 24775. 26179. 28406. 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. 185406. 184679. 190867. 196280. 201366. 207004. 220149. 230227. 240569. 252333. 314896. 325947. 351778. 394819. 478553. 517506. 580246. 655691. 712965. 320152. 215783. 223180. 239614. 267333. 327750. 368455. 416939. .483846. 525820. 599537. 99113. 102767. 112164. 127486. 150803. 149051. 163307. 171845. 187145. 220615. 76281. 78738. 86514. 99713. 120904. 117608. 129983. 137266. 150938. 182180. 22832. 24029. 25650. 27773. 29899. 31443. 33324. 34579. 36207. 38435. 314896. 325947. 351778. 394819. 478553. 517506. 580246. 655691. 712965. 820152. 53027. 54484. 59114. 65345. 74137. 81833. 90833. 102633. 119273. 137472. 2676. 1876. 2262. 1793. 750. 319. 358. 1012. 4489. 5242. 50351. 52606. 56852. 63552. 73387. 81514. 90475. 101621. 114784. 132230. 261869. 271463. 292664. 329474. 40 4416. 435673. 489413. 553058. 593692. 682680. 950000. 696000. 254000. 213500. 40500. 950000. 157862. 4500. 153362. 792138. TABLE 511.2 YEAR 31 BALANCE SHEET OF THE FARMING SECTOR CURRENT DOLLARS CHANGE DURING YEAR IN MILLIONS OF DOLLARS 1 1. 1 1 CLAIMS ASSETS 1 1 1 TOTAL 1 1 1 _J____________ _ 1_ 1 REAL ESTATE 1 1 1 1 1 NON-REAL-ESTATE TOTAL TOTAL PHYSICAL FINANCIAL 1 1 1 1 1 1 L IA B ILITIE S TOTAL CCC LOANS 1PROPRIETORS' CEBT | E Q U IT IE S EXCLUDING 1 CCC LOANS) 1 9 4 0 .... 1941 . . . . 1 9 4 2 .... 1 9 4 3 .... 1 9 4 4 .... 1 94 5.... 1 9 4 6 .... 1 9 4 7 .... 1 9 4 8 .... 1 94 9.... .1 .1 .1 .1 .I . I .1 .1 .1 .1 1731. 8164. 10695. 10353. 9787. 9143. 13008. 11480. 7257. -9 9 . 764. 3147. 4057. 6596. 5684. 7162. 7417. 5201. 29 59. 97 7. 967. 5017. 6638. 3757. 4103. 1981. 5591. 6279. 4298. -1 0 7 6 . 576. 4078. 4707. 1483. 1451. -4 35. 4563. 6210. 4259. -8 7 2 . 391 . 939. 1931. 2274. 2652. 2416. 1028. 69. 39. -2 04. 1731. 8164. 10695. 10353. 9787. 9143. 13008. 11480. 7257. -9 9. 435 . -2 . -5 68 . -1029. -5 27 . -4 39 . 508. 825. 2132. 1084. 184. -1 9 . 163. -184. 9 4. -4 06 . -212. 19. 1068. 569. 251. 17. -7 31 . -8 4 5 . -6 21 . -3 3. 720. 806. 1064. 515. 1296. 816 6. 11263. 11382. 10314. 9582. 12500. 10 655. 5125. -1183. 1 9 5 0 .... 1 9 5 1 .... 1 95 2.... 1 9 5 3 .... 1 9 5 4 .... 1 9 5 5 .... 1 95 6.... 1 9 5 7 .... 1 9 5 8 .... 1 9 5 9 .... .1 19759. ,| 15796. .1 -2499. .1 -3041. .1 4236. .1 4849. .1 9112. .1 8501. .1 17140. .1 1784. j .1 677. .1 8475. .i 8334. .1 8086. .1 8054. .1 16999. •I 13449. .1 13710. .1 14823. .1 12108. | .1 11051* .| 25831. . | 43041. .1 83734. .1 38953. .1 62740. .1 75445. .1 57274. .1 107187. .1 129848. 11923. 89 29. 1599. -1 39 7. 3562. 5287. 8163. 6088. 9300. 6107. 7836. 686 7. -4098. -164 4. 674. -438. 949. 2413. 7840. -4 32 3. 7644. 6301. -4276. -1866. 257. -876. 939. 2012. 7022. -330 2. 192. 566. 178. 222 . 417. 438. 10. 401. 818. -1021. 19759. 15796. -2499. -3041. 4236. 4849. 9112. 8501. 17140. 1784. 596. 1593. 1457. 834. 726. 1132. 553. 1066. 3238. 1126. -9 09 . -2 2 4 . 596. 1206. -1 7 1 . -3 49 . -3 07 . -3 48 . 1258. -1 30 8. 1505. 1817. 861. -3 7 2 . 897. 1481. 860. 1414. 1980. 2434. 19163. 14203. -3 956. -3 8 7 5 . 3510. 371 7. 855 9. 743 5. 13902. 6 58 . 1305. 6082. 5633. 8376. 8945. 11709. 9893. 10596. 9490. 6593. -6 28 . 2393. 2701. -2 90 . ^ 8 91 . 5290. 3556. 3114. 5333. 5515. -4 26 . 2141. 2171. —448. -1460. 4739. 3071. 2344. 4444. 4758. -2 02 . 252. 530. 158. 569. 551. 48 5. 770. 889. 757. 677. 8475. 8334. 8086. 8054. 16999. 13449. 13710. 14823. 12108. 1404. 2287. 2921. 3000. 2416. 3854. 3371. 3368. 3059. 2572. 2 25 . 476. 189. -1 29 . -3 8 3 . -1 3 5 . -2 51 . 263 . 1251. 5. 1179. 1811. 273 2. 3129. 2799. 3989. 3622. 3105. 1808. 2567. -7 2 7 . 61 88 . 5413. 5086. 5638. 13145. 10078. 10342. 11764. 9536. 7397. 16434. 27719. 60417. 40705. 48484. 66907. 41974. 73717. 96463. 3654. 9397. 15322. 23317. -1752. 14256. 8538. 15300. 33470. 33385. 2457. 7776. 13199. 21191. -3296. 12375. 7283. 13672. 31242. 31320. 1197. 1621. 2123. 2126. 1544. 1881. 1255. 1628. 2228. 2065. 11051. 25831. 43041. 83734. 38953. 62740. 75445. 57274. 107187. 129848. 1457. 4630. 6231. 8792. 7696. 9000. 11800. 16640. 18199. 20390. -8 00 . 3 86 . -4 69 . -1 0 4 3 . -4 3 1 . 3 9. 654. 3 47 7. 7 53 . -7 42 . 225 7. 4 24 4. 6700. 9835. 8127. 8961. 11146. 13163. 17446. 21132. 9594. 21 20 1. 36 81 0. 74 94 2. 31 257. 53740. 6364 5. 406 34 . 88988. 109458. I9 6 0 .... 1 96 1.... 1 9 6 2 .... 1 9 6 3 .... 1 9 6 4 .... 1 9 6 5 .... 1 9 6 6 .... 1 9 6 7 .... 1 96 8.... 1 96 9.... 1 9 7 0 .... 1 9 7 1 .... 1 9 7 2 .... 1 9 7 3 .... 1 9 7 4 .... 1 9 7 5 .... 1 97 6.... 1 9 7 7 .... 1 9 7 8 .... 1 97 9.... - J _____________ CHANGES IN THE CURRENT VALUE OF ASSETS AND PROPRIETORS* EQ U ITI ES INET WORTH!, ALSO SHOWN IN TABLE 5 4 1 . 1 , REFLECT BOTH NET INVESTMENT ANO INTER-SECTOR TRANSFERS (T AB LE 5 4 2 .1 ) AND CAPITAL APPRECIATION (TAB LE 5 4 3 . 1 ) . CHANGES IN THE PURCHASING POWER OF THE TOTAL FUNDS INVESTED AND OWEO SHOULD ALSO BE CONSIDERED IN EVALUATING THE REAL IMPACT OF CHANGES IN CURRENT-DOLLAR VALUES (T A B LE 5 4 4 . 1 ) . 32 TABLE 511.3 BALANCE SHEET OF THE FARMING SECTOR CURRENT DOLLARS PERCENTAGE CHANGE DURING YEAR ASSETS YEAR TOTAL 1 1 1 1 1 REAL ESTATE 1 I 1 I 1 CLAIMS NON-REAL-ESTATE TOTAL TOTAL PHYSICAL FINANCIAL 1 1 1 1 | LIABILITIES TOTAL CCC LOANS 1 1PROPRIETORS* DEBT | EQ U ITI ES EXCLUDING 1 CCC.LOANS 1 1 9 4 0 .... 1941 . . . . 1 9 4 2 .... 1 9 4 3 .... 1 9 4 4 .... 1 9 4 5 .... 1 9 4 6 .... 1 9 4 7 .... 1 9 4 8 .... 1 9 4 9 .... 3 .3 14 .9 17.0 14.1 11.7 9.8 12.6 9 .9 5 .7 -0 .1 2 .3 9. 1 10.8 15.9 11.8 13.3 12.1 7.6 4.0 1 .3 5 .0 2 4 .6 26.2 11.7 11.5 5 .0 13.4 13.2 8 .0 -1 .9 3 .8 26.1 2 3. 9 6 .1 5 .6 -1 .6 16.9 19.7 11.3 -2 . 1 9 .1 19.9 34 .2 3 0. 0 2 6 .9 19.3 6 .9 0.4 0 .2 -1 .3 3. 3 14.9 17.0 14.1 11.7 9.8 12 .6 9 .9 5.7 -0 .1 4.3 -0 .0 -5 .4 -1 0 .4 -5 .9 -5 .3 6.4 9 .8 23. 1 9.5 41 .3 -3 .0 26 .7 -2 3 .8 16.0 -5 9 .4 -7 6 .5 2 9. 2 12 71 .4 4 9 .4 2.6 0.2 -7 .4 -9 .3 -7 .5 -0 .4 9 .4 9 .7 11.6 5 .0 3 .0 1 8. 4 2 1. 5 17.9 13.7 11.2 13.2 9 .9 4.3 -1 .0 1 9 5 0 .... 195 1 .......... 1952 .......... 1 9 5 3 ..... 1954.......... 1955.......... 1956.......... 1957.......... 1958.......... 1959 .......... 14.7 10.2 -1 .5 -1 .8 2. 6 2. 9 5.2 4.7 9 .0 0 .9 15 .4 10.0 1.6 -1 .4 3.6 5 .2 7 .6 5 .3 7 .6 4.7 13.8 10 .6 -5 .7 -2 .4 1.0 -0 .7 1 .4 3.6 11.3 -5 .6 18.6 12.9 -7 .8 -3 .7 0 .5 -1 .8 1.9 4 .1 13.7 -5 .7 1.2 3 .5 1.1 1. 3 2 .5 2 .5 0 .1 2 .2 4.5 -5 .3 14.7 10.2 -1 .5 -1 .8 2 .6 2 .9 5.2 4 .7 9 .0 0 .9 4.8 12.2 10.0 5. 2 4 .3 6 .4 2 .9 5 .5 1 5. 9 4.8 -5 2 .8 -2 7 .6 10 1.4 10 1.9 -7 .2 -1 5 .7 -1 6 .4 -2 2 .3 103.5 -5 2 .9 14.0 14.8 6 .1 -2 .5 6 .2 9 .6 5 .1 8 .0 10 .3 11.5 15 .7 10.1 -2 .5 -2 .6 2.4 2 .5 5 .5 4.5 8.1 0 .4 196 0 .......... 1961.......... 1962.......... 1963.......... 1964.......... 1965.......... 1966.......... 1967.......... 1968.......... 1969.......... 0. 3 4.0 3 .8 3 .6 3.4 7 .0 5. 2 5 .0 5.1 4.0 1.0 4.4 3 .9 5 .6 5 .6 7.0 5 .5 5 .6 4.8 3 .2 -0 .9 3 .3 3.6 -0 .4 -1 .2 6.9 4.4 3.7 6 .0 5.9 -0 .8 3 .9 3 .8 -0 .8 -2 .5 8 .3 5. 0 3.6 6.6 6 .7 -1 .1 1 .4 2 .9 0.8 3.0 2 .8 2.4 3 .8 4 .2 3.4 0..3 4 .0 3.8 3 .6 3 .4 7. 0 5.2 5 .0 5.1 4 .0 5 .7 8 .7 1 0.3 9 .6 7.0 1 0. 5 3 .3 7 .6 6.5 5.1 19.3 34 .2 10.1 -6 .3 -1 9 .9 -8 .7 -1 7 .8 22 .7 88.1 0 .2 5 .0 7 .3 10.3 1 0 .7 8 .6 1 1.3 9 .2 7.2 3 .9 5 .4 -0 .4 3 .4 2 .8 2.6 2.8 6.4 4.6 4.5 4.9 3.8 197 0 .......... 1971 .......... 1972.......... 1973.......... 1 9 7 4 ....: 1 9 7 5 ..... 1 9 7 6 ..... 1977.......... 1978 .......... 19 79 .......... 3. 5 7 .9 12.2 21.2 8 .1 12.1 13 .0 8 .7 15.0 1 5 .8 3.4 7.4 1 1.6 2 2 .6 1 2. 4 1 3.2 1 6. 0 8.7 1 4. 0 16.1 3.7 9. 1 13 .7 18.3 -1 .2 9 .6 5 .2 8.9 1 7.9 15.1 3 .2 9.9 15.3 2 1.3 -2 .7 10.5 5 .6 10 .0 2 0 .7 17.2 5 .2 6.7 8 .3 7 .7 5 .2 6 .0 3 .8 4.7 6 .2 5 .4 3.5 7 .9 12.2 21.2 8.1 12.1 13.0 8.7 15.0 15.8 2 .7 8 .5 10.5 1 3. 5 1 0. 4 1 1. 0 13 .0 1 6.2 15.3 1 4.8 -2 9 .9 2 0.6 -2 0 .7 -5 8.2 -5 7 .5 12.2 182.7 3 43 .6 16.8 -1 4 .2 4 .5 8.1 11 .8 15 .5 11.1 1 1.0 12.3 1 3.0 15.2 1 6. 0 3 .7 7 .8 1 2 .6 2 2 .7 7.7 12.3 1 3.0 7 .3 1 5.0 1 6.0 TABLE 511.4 YEAR 1 9 4 0 .... 1941 . . . . 1 94 2 .... 1 9 4 3 .... 1 94 4 .... 1 9 4 5 .... 1 9 4 6 .... 1 9 4 7 .... 1 9 4 8 .... 1 9 4 9 .... 33 BALANCE SHEET OF THE FARMING SECTOR, JANUARY 1 CURRENT DOLLARS PERCENTAGE OF TOTAL 1 J _ 1 1 1 TOTAL 1 1 . 1 .1 10 0 .0 ' .1 100.0 .1 100.0 .1 100.0 .1 100.0 .1 100.0 .1 100.0 .1 100.0 .1 100.0 .j 10 0.0 1 9 5 0 . . . . .1 1 9 5 1 . . . . .1 1 9 5 2 . . . . .1 1 9 5 3 . . . . . .1 1 9 5 4 . . . . . .1 1955 ..........J 1956........... 1 1957...........1 1958...........1 1959.......... .1 1 1960...........1 1961.......... .1 1962.......... ,| 1963.......... ,| 1964..........>i 1965...........1 1966.......... ,| 1967.......... >1 1968..........>1 1969...........< 1 1970...........1 1 9 7 1 . . . . . .1 1 9 7 2 . . . . . .1 1 9 7 3 . . . . . .1 1 9 7 4 . . . . . .1 1975...........J 1 9 7 6 . . . . , .1 1 9 7 7 . . . . . .1 1 9 7 8 . . . . . .1 1979..........>1 1 1 9 8 0 . . . . , .1 REAL ESTATE CLAIMS NON-REAL-ESTATE | 1 1 1 TOTAL TOTAL PHYSICAL FINANCIAL 1 1 1 1 i LIA BILITIES TOTAL CCC LOANS 1 |PROPRIETORS' CEBT |I EQ U ITI ES EXCLUDING 1 CCC LOANS 11 63.4 6 2 .8 5 9. 7 56.5 5 7 .4 5 7. 5 5 9.3 5 9.1 5 7 .8 5 6. 9 3 6 .6 37.2 4 0 .3 4 3 .5 4 2 .6 4 2 .5 4 0 .7 4 0 .9 4 2 .2 43. 1 2 8.4 28.6 31 .4 33.2 30.9 29.2 26 .2 27.2 29.6 31.2 8.1 8 .6 9. 0 10.3 11.7 13.3 14.5 13.8 1 2. 6 11.9 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 18 .9 19.1 16 .6 13.4 10.6 8 .9 7 .7 7 .3 7 .3 8 .4 0.8 1 .1 1.0 1.1 0 .7 0 .7 0 .3 0 .1 0.1 0 .9 18.1 18 .0 15 .7 1 2. 4 9.9 8 .2 7 .4 7 .2 7.2 7.6 8 1.1 8 0 .9 8 3 .4 8 6.6 8 9 .4 91.1 9 2. 3 9 2.7 9 2. 7 9 1. 6 100.0 100.0 100.0 100.0 100.0 100.0 100.0 10 0.0 100.0 10 0.0 5 7.7 5 8.0 5 7. 9 5 9. 7 6 0 .0 6 0. 6 6 1 .9 6 3 .3 6 3 .7 6 2 .9 4 2 .3 4 2 .0 4 2. 1 4 0 .3 4 0 .0 39.4 3 8 .1 3 6 .7 3 6 .3 3 7. 1 30.5 3 1. 6 3 2.4 30 .3 29 .7 29.1 27 .8 2 6. 9 26 .8 2 8 .0 11.8 10 .4 9.8 10.0 10.3 10.3 10.3 9. 8 9 .6 9 .2 100.0 100.0 100. 0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 9 .3 8. 5 8 .6 9 .6 10.3 10 .5 10.8 10.6 10.7 11.3 1.3 0 .5 0 .3 0 .7 1. 5 1.3 1.1 0 .9 0 .6 1.2 8 .0 7 .9 8 .3 8 .9 8 .8 9 .1 9.7 9 .7 1 0.0 10 .2 9 0. 7 9 1. 5 9 1 .4 9 0 .4 8 9. 7 89 .5 8 9.2 8 9 .4 8 9. 3 8 8. 7 100.0 100.0 100.0 100.0 100.0 100.0 100.0 10 0.0 100.0 100.0 65.3 6 5. 7 6 5 .9 6 6 .0 67.3 6 8 .7 6 8. 7 6 9 .0 6 9 .3 6 9. 1 3 4 .7 3 4 .3 34.1 3 4 .0 3 2 .7 3 1 .3 3 1 .3 3 1 .0 3 0 .7 3 0 .9 26.1 2 5 .9 2 5.8 2 5.8 2 4.8 23.3 2 3.6 2 3.6 2 3.3 2 3.6 8 .6 8 .5 8 .3 8 .2 8 .0 7 .9 7 .6 7 .4 7 .4 7 .3 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 10 0.0 11.8 1 2. 4 13.0 13 .6 14.6 15.1 15 .6 16. 1 16.5 16.7 0 .6 0 .7 0 .9 0 .9 0 .8 0 .6 0 .5 0.4 0 .5 0.9 11 .2 11.8 12.1 12 .9 13.8 1 4. 5 15 .0 15 .6 1 6.0 1 5 .8 8 8. 2 8 7. 6 8 7.0 8 6 .2 8 5 .4 84 .9 8 4 .4 8 3.9 8 3.5 8 3. 3 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 10 0.0 6 8 .5 6 8 .5 6 8 .1 6 7 .7 6 8 .5 7 1. 2 7 1 .9 7 3. 8 7 3.8 73 .1 3 1. 5 3 1. 5 3 1 .9 3 2 .3 3 1. 5 2 8. 8 2 8 .1 2 6.2 2 6 .2 2 6 .9 24 .2 24.2 24 .6 2 5.3 25.3 2 2.7 2 2. 4 2 0.9 21.2 22.2 7 .3 7 .4 7 .3 7.0 6 .2 6 .1 5 .7 5 .3 5.1 4 .7 100.0 100.0 100.0 100.0 100.0 100.0 100.0 10 0.0 100.0 10 0.0 16.8 16.7 16 .8 16 .6 15.5 1 5.8 15 .7 15.7 16.7 16.8 0 .8 0 .6 0.6 0 .5 0 .2 0. 1 0 .1 0.2 0.6 0.6 1 6. 0 16 .1 16.2 16.1 15.3 1 5 .8 1 5.6 1 5 .5 16.1 16.1 8 3 .2 8 3.3 8 3 .2 8 3. 4 8 4. 5 8 4. 2 8 4 .3 8 4.3 8 3. 3 8 3 .2 100.0 7 3. 3 26.7 2 2.5 4 .3 100.0 1 6.6 0.5 16 .1 8 3 .4 J__________ ASSETS 1 34 TABLE 512.1 BALANCE SHEET OF THE FARMING SECTOR, JANUARY 1 IN 1967 DOLLARS AMOUNTS IN MILLIONS OF DOLLARS CLAIMS ASSETS 1 9 4 0 .... 1 9 4 1 .... 1 9 4 2 .... 1943 . . . . 1 9 4 4 .... 1 9 4 5 .... 1 9 4 6 .... 1 9 4 7 .... 1 9 4 8 .... 1 9 4 9 .... 1 1 1 1 I 1 1 1 .1 . | .1 .1 .1 .1 .1 .1 .1 .1 127158. 129754. 134158. 145484. 161167. 175901. 188804. 179978. 179417. 187004. 80662. 81517. 80058. 82221. 92514. 101096. 112011. 106309. 103752. 106421. 46496. 48237. 54100. 63263. 68653. 74805. 76793. 73669. 75665. 80583. 36144. 37081. 42060. 48287. 49743. 51345. 49417. 48905. 53106. 58283. 10353. 11156. 12041. 14976. 18910. 23460. 27376. 24764. 22559. 22300. 127158. 129754. 134158. 145484. 161167. 175901. 188804. 179978. 179417. 187004. 24065. 24810. 22320. 19565. 17027. 15655. 14505. 13064. 13011. 15792. 1067. 1491. 1301. 1528. 1131. 1281. 508. 101. 118. 1600. 22998. 23320. 21019. 18038. 15896. 14373. 13996. 12963. 12893. 14192. 103094. 104943. 111838. 125919. 144140. 160246. 174299. 166915. 166406. 171213. 1950. . . . 1 9 5 1 .... 1 9 5 2 .... 1 9 5 3 .... 1 9 5 4 .... 1 9 5 5 .... 1 9 5 6 .... 1 9 5 7 .... 1958. . . . 1 9 5 9 .... .1 .1 .1 .1 .1 .j .1 .1 .1 .1 190843. 202764. 214501. 210025. 203915. 210730. 216244. 220720. 223170. 240089. 110071. 117639. 124151. 125377. 122248. 127611. 133877. 139693. 142070. 150984. 80772. 85125. 90349. 84648. 81667. 83120. 82367. 81027. 81100. 89105. 58287. 64042. 69404. 63610. 60589. 61363. 60120. 59438. 59775. 67107. 22485. 21083. 20946. 21038. 21078. 21757. 22248. 21588. 21326. 21998. 190843. 202764. 214501. 210025. 203915. 210730. 216244. 220720. 223170. 240089. 17665. 17148. 18465. 20175. 20984. 22047. 23402. 23364. 23817. 27245. 2441. 1067. 741. 1484. 2962. 2770. 2329. 1888. 1418. 2849. 15224. 16081. 17724. 18692. 18022. 19277. 21073. 21476. 22399. 24396. 173177. 185615. 196035. 189850. 182931. 188683. 192842. 197356. 199354. 212843. I9 6 0 .... 1961 . . . . 1 9 6 2 .... 1 9 6 3 .... 1 9 6 4 .... 1965____ 1 9 6 6 .... 1 9 6 7 .... 1 9 6 8 .... 1 9 6 9 .... .1 .1 .j .1 .) .1 .1 .1 .1 .1 | •I . | .i .1 .1 .1 .1 .1 .1 .< i 1 .1 _ J L_ 239114. 236123. 243974. 249909. 254593. 260478. 273382. 278149. 282319. 283775. 156042. 155057. 160788. 164853. 171228. 178955. 187852. 191789. 195784. 196054. 83072. 81066. 83187. 85056. 83365. 81522. 85529. 86360. 86534. 87721. 62511. 61054. 63028. 64581. 63051. 60817. 64637. 65654. 65764. 67032. 20561. 20012. 20159. 20475. 20314. 20705. 20892. 20706. 20771. 20689. 239L14. 236123. 243974. 249909. 254593. 260478. 273382. 278149. 282319. 283775. 28185. 29316. 31664. 34453. 37135. 39319. 42617. 44653. 46467. 47287. 1325. 1557. 2076. 2256. 2080. 1649. 1476. 1173. 1392. 2503. 26860. 27759. 29588. 32198. 35055. 37671. 41142. 43480. 45075. 44784. 210928. 206807. 212310. 215456. 217458. 221158. 230764. 233496. 235852. 236488. 277931. 273446. 285534. 30 9177. 342558. 331522. 348078. 374040. 380857. 400660. 190453. 187232. 194492. 209345. 234610. 236038. 250113. 276010. 280887. 292886. 87478. 86214. 91042. 99832. 107948. 95484. 97965. 98029. 99971. 107775. 67327. 66055. 70222. 78084. 86545. 75341. 77974. 78304. 80629. 88999. 20152. 20159. 20820. 21749. 21402. 20143. 19990. 19726. 19341. 18776. 277931. 273446. 285534. 309177. 342558. 331522. 348078. 374040. 380857. 400660. 46802. 45708. 47982. 51171. 53069. 52423. 54489. 58547. 63714. 67 158. 2362. 1574. 1836. 1404. 537. 204. 215. 577. 2398. 2561. 44440. 44134. 46146. 49767. 52532. 52219. 54274. 57970. 61 316. 64597. 231129. 227738. 237552. 258006. 289489. 279099. 293589. 315492. 317143. 333503. 409483. 300000. 109483. 92026. 17457. 409433. 68044. 1940. 66104. 341439. YEAR TOTAL REAL ESTATE NON-REAL-ESTATE 1 | 1 1 1 TOTAL 1 1 TOTAL 1 PHYSICAL 1 1 I 1 9 7 0 .... 1 9 7 1 .... 1 9 7 2 .... 1 9 7 3 .... 1974. . . . 1 9 7 5 .... 1 9 7 6 .... 1 9 7 7 .... 1 9 7 8 .... 1 9 7 9 .... 1 9 8 0 .... LIABILITIES TOTAL FINANCIALCCC LOANS 1 1PROPRIETORS* DEBT | EQ U ITI ES EXCLUDINGI 1 CCC LOANS! THE PRICE DEFLATOR USED IS THE BLS CONSUMER PRICE INDEX (FOR ALL ITEMS, ALL URBAN CONSUMERS; 1967 EQUALS 100) FOR JANUARY. NOTE THAT DATA IN T H IS TA BLE, WHICH EXPRESS VALUES IN DOLLARS OF CONSTANT ( 1 9 6 7 ) CONSUMER PURCHASING POWER, DIFFER FROM DATA IN TABLE 5 2 2 . 1 , WHICH SHOW PHYSICAL ASSETS VALUED AT THEIR 1967 PRICES AND FIN ANCIAL ASSETS VALUED IN DOLLARS OF CONSTANT GENERAL FARM PURCHASING POWER. TABLE 512.2 YEAR 35 BALANCE SHEET OF THE FARMING SECTOR IN 1967 DOLLARS CHANGE DURING YEAR IN MILLIONS OF DOLLARS 1 1 J 1 | 1 1 1 .1 .1 .1 .1 .1 .1 .1 .J .1 .| ASSETS CLAIMS NON-REAL-ESTATE TOTAL 1 | REAL ESTATE TOTAL TOTAL PHYSICAL FINANCIAL 1 1. | I LIABILITIES _________ TOTAL CCC LOANS 1 1 I PROPRIETORS' DEBT 1 EQ U ITI ES EXCLUDING 1 CCC LOANS 1 2595. 4404. 11326. 15683. 14734. 12903. -8825. -561. 7587. 3838. 855. -1459. 2164. 10293. 8581. 10915. -5 7 0 2 . -2557. 2669. 3650. 1741. 5863. 9163. 5390. 6152. 1988. -3 12 3. 1996. 4919. 188. 937. 4979. 6227. 1456. 1602. -1 9 2 9 . -511 . 4200. 5178. 3. 804. 884. 2936. 3934. 4550. 3916. -2612. -2 2 0 5 . -2 59 . 185. 2595. 4404. 11326. 15683. 14734. 12903. -8 8 2 5 . -561 . 7587. 3838. 746. -2491. - 2 755. -2538. -1 3 7 2 . -1 1 5 0 . -1 4 4 1 . -5 2. 2780. 1874. 423. -1 9 0 . 2 27 . -3 97 . 151. -7 73 . -4 0 7 . 17. 1482. 841. 322. -2301. -2982. -2141. -1523. -3 77 . -1034. -70. 1299. 1032. 1850. 6895. 14081. 18221. 16106. 14053. -7 3 8 5 . -5 0 9 . 48 07. 1965. .1 11921. .j 11737. .1 -4476. .1 -6111. .1 6816. .J 5514. .1 4476. .1 2451. .1 16918. .I -9 7 5 . i 1 I 9 6 0 . . . . . I -2 9 9 1 . 1961 . . . . .1 7851. 1 9 6 2 . . . . .1 5935. 4684. 1 9 6 3 .... . I 1 9 6 4 .... . I 5885. 1 9 6 5 . . . . . | 12904. 1 9 6 6 . . . . .1 4768. 4170. 1 9 6 7 . . . . .1 1 9 6 8 . . . . .1 1456. -5844. 1 9 6 9 . . . . .1 i 1970. . . . . j - 4 4 8 6 . 1971-------- .1 12089. 1 9 7 2 . . . . .1 23643. 1 9 7 3 . . . . .1 33381. 1 9 7 4 . . . . .1 -1 1 0 3 6 . 16556. 1 9 7 5 . . . . .1 1 9 7 6 . . . . .1 25962. 1 9 7 7 . . . . .1 6818. 19803. 1 9 7 8 . . . . .1 1 9 7 9 . . . . .1 8822. _ l ____ 7568. 6513. 1226. -3129. 5363. 6266. 5817. 2377. 8914. 5058. 4353. 5225. -5701. -2981. 1453. -7 52. -1341. 74. 8005. -6 03 3. 5756. 5361. -5 7 9 3 . -3 0 2 2 . 775. -1 2 4 4 . -681. 336. 7332. -4596. -1402. -1 37 . 92. 40. 678. 491. -6 6 0 . -263. 672. -1437. 11921. 11737. - 4 4 76. -6111. 6816. 5514. 4476. 2451. 16918. -975. -5 17 . 1317. 1710. 808. 1064. 1355. -3 9. 453. 3429. 940, - i 374 . -3 2 6 . 742. 1478. -1 91 . -4 42 . -441 . -4 7 0 . 1431. -1 524. 857. 1642. 968. -6 6 9 . 1255. 1796. 402. 923. 1997. 2464. 12438. 10420. -6 18 6. -6 91 9. 575 2. 4159. 451 4. 1997. 13490. -1915. -9 85 . 5730. 4065. 6375. 7727. 8897. 3937. 3995. 270. -5602. -2 00 6. 2121. 1869. -1 69 1. -1 8 4 3 . 4007. 831. 174. 1186. -2 4 2 . -1457. 1974. 1553. -1530. -2233. 3820. 1017. 110. 1268. 295. -549. 147. 316. -1 6 1 . 391. 187. -1 86 . 65. -8 2 . -5 37. -2991. 7851. 5935. 4684. 5885. 12904. 4768. 4170. 1456. -5844. 1130. 2348. 2789. 2682. 2184. 3298. 2036. 1814. 820. -4 84. 231. 519. 180. -1 76 . -4 31 . -1 73 . -3 0 2 . 219 . 1111. -1 41 . 899. 1829. 2609. 2857. 2616. 3471. 2338. 1595. -2 9 1 . -3 4 3 . -4121. 5503. 3145. 2002. 3700. 9606. 2732. 2356. 636. -5359. -3 2 2 1 . 7260. 14853. 25265. 1428. 14076. 25897. 4876. 11999. 7114. -1264. 4828. 8790. 8115. -1 2 4 6 3 . 2480. 65 . 1942. 7804. 1708. -1271. 4167. 7861. 8462. -11204. 2633. 329. 2326. 8369. 3027. 7. 661. 929. -346. -1259. -1 52 . -2 6 5 . -3 84 . -5 65 . -1319. -4486. 12089. 23643. 33381. -11036. 16556. 25962. 6818. 19803. 8822. -1094. 2274. 3189. 1898. -6 45 . 2065. 405 8. 5167. 3444. 886. -7 88 . 262. -4 32 . -867. -3 33 . 10. 363 . 1821. 163. -6 21 . -3 06 . 2012. 3621. 2765. -313. 2055. 3696. 3346. 3281. 1507. -3 3 9 1 . 9815. 20 454. 31483. -10390. 14490. 21903. 1651 ^ 16360* 7936 1 9 4 0 .... 1941 . . . . 1942-------1 9 4 3 .... 1944. . . . 1 9 4 5 .... 1 9 4 6 .... 1 9 4 7 .... 1 94 8 .... 1 94 9.... 1 9 5 0 .... 1 9 5 1 .... 1 95 2.... 1 9 5 3 .... 1954-------1 9 5 5 .... 1956. . . . 1 9 5 7 .... 1 9 5 8 .... 1 9 5 9 .... . 36 TABLE 512.3 BALANCE SHEET OF THE FARMING SECTOR IN 1967 DOLLARS PERCENTAGE CHANGE DURING YEAR ASSETS CLAIMS TOTAL 1940........... I 1941 .......... 1 1942.......... I 194 3 .......... I 194 4 .......... 1 1945.......... 1 194 6 .......... I 1947 ........... 1 1948........... I 1949 .......... 1 2.0 3 .4 8 .4 10.8 9.1 7 .3 -4 .7 -0 .3 4 .2 2.1 1.1 -1 .8 2 .7 12.5 9.3 1 0.8 -5 .1 -2 .4 2 .6 3.4 3.7 12.2 16.9 8. 5 9.0 2 .7 -4 .1 2.7 6 .5 0 .2 2 .6 13 .4 14.8 3 .0 3.2 -3 .8 -1 .0 8.6 9 .7 0.0 7 .8 7 .9 2 4 .4 2 6.3 24.1 16.7 -9 .5 -8 .9 -1 .1 0 .8 1950........... | 195 1 .......... 1 1952........... 1 1953........... 1 1954 .......... i 1955........... 1 1956 .......... I 1957........... 1 1958........... 1 1959........... I 6 .2 5. 8 -2 .1 -2 .9 3 .3 2 .6 2.1 1.1 7 .6 -0 .4 6.9 5. 5 1.0 -2 .5 4.4 4.9 4.3 1 .7 6 .3 3.4 5 .4 6. 1 -6 .3 -3 .5 1 .8 -0 .9 -1 .6 0.1 9.9 -6 .8 9 .9 8.4 -8 .3 -4 .8 1.3 -2 .0 -1 .1 0.6 12.3 -6 .8 1960........... 196 1 .......... 1962 .......... 1963........... 1964........... 1965.......... 1966........... 1967 ........... 1968........... 1969........... 1 1 1 1 1 1 1 1 1 1 -1 .3 3 .3 2.4 1.9 2.3 5 .0 1.7 1 .5 0 .5 -2 .1 -0 .6 3.7 2 .5 3.9 4.5 5 .0 2.1 2. 1 0. 1 -2 .9 -2 .4 2 .6 2 .2 -2 .0 -2 .2 4.9 1.0 0 .2 1 .4 -0 .3 1970........... 1 1 97 1 .......... 1 1972........... I 1973........... 1 1974........... 1 1975.......... 1 1976........... 1 1977 ........... 1 1978.......... 1 19 7 9 .......... 1 -1 .6 4.4 8 .3 10.8 -3 .2 5 .0 7. 5 1 .8 5. 2 2 .2 -1 .7 3.9 7.6 12.1 0 .6 6.0 1 0. 4 1.8 4.3 2.4 -1 .4 5.6 9.7 8.1 -1 1 .5 2.6 0 .1 2 .0 7 .8 1 .6 YEAR 1 NON-REAL-ESTATE 1 1 I 1 f 1 REAL ESTATE 1 1 1 1 1 I TOTAL TOTAL LIA BILITIES 1 (PROPRIETORS1 DEBT | EQ UI TIE S EXCLUDING! CCC LOANS I TOTAL CCC LOANS 2.0 3 .^ 8 .4 10.8 9.1 7.3 -4 .7 -0 .3 4.2 2.1 3.1 -1 0 .0 -1 2 .3 -1 3 .0 -8 .1 -7 .3 -9 .9 -0 .4 2 1 .4 11 .9 39.7 -1 2 .7 17.5 -2 6 .0 13.3 -6 0 .3 -8 0 .1 17.2 12 52.4 5 2.6 1 .4 -9 .9 -1 4 .2 -1 1 .9 -9 .6 -2 .6 -7 .4 -0 .5 10.1 7 .3 1.8 6.6 12.6 14.5 11.2 8.8 -4 .2 -0 .3 2 .9 1.1 -6 .2 -0 .6 0.4 0 .2 3 .2 2 .3 -3 .0 -1 .2 3 .2 -6 .5 6 .2 5.8 -2 .1 -2 .9 3.3 2. 6 2.1 1.1 7.6 -0 .4 -2 .9 7 .7 9 .3 4 .0 5.1 6.1 -0 .2 1 .9 1 4. 4 3 .5 -5 6 .3 -3 0 .5 100.1 9 9 .6 -6 .5 -1 5 .9 -1 8 .9 -2 4 .9 101.0 -5 3 .5 5 .6 10.2 5 .5 -3 .6 7 .0 9. 3 1 .9 4 .3 8 .9 10.1 7 .2 5 .6 -3 .2 -3 .6 3 .1 2 .2 2.3 1 .0 6.8 -0 .9 -2 .3 3.2 2.5 -2 .4 -3 .5 6 .3 1.6 0 .2 1 .9 0.4 -2 .7 0 .7 1.6 -0 .8 1.9 0 .9 -0 .9 0 .3 -0 .4 -2 .6 -1 .3 3.3 2 .4 1.9 2. 3 5.0 1.7 1.5 0.5 -2 .1 4 .0 8 .0 8.8 7 .8 5.9 8 .4 4 .8 4. 1 1.8 -1 .0 17.4 3 3.3 8 .7 -7 .8 -2 0 .7 -1 0 .5 -2 0 .5 18 .6 7 9. 8 -5 .6 3.3 6 .6 8. 8 8 .9 7 .5 9 .2 5 .7 3 .7 -0 .6 -0 .8 -2 .0 2.7 1 .5 0 .9 1.7 4.3 1 .2 1 .0 0 .3 -2 .3 -1 .9 6 .3 11.2 10.8 -1 2 .9 3 .5 0.4 3 .0 10.4 3 .4 0.0 3 .3 4.5 -1 .6 -5 .9 -0 .8 -1 .3 -1 .9 -2 .9 -7 .0 -1 .6 4 .t 8 .3 10.8 -3 .2 5. 0 7.5 1.8 5.2 2. 2 -2 .3 5 .0 6.6 3 .7 -1 .2 3 .9 7.4 8.8 5.4 1 .3 -3 3 .4 16.7 -2 3 .5 -6 1 .8 -6 1 .9 5 .1 16 8.8 3 1 5 .4 6.8 -2 4 .3 -0 .7 4 .6 7 .8 5 .6 -0 .6 3 .9 6.8 5 .8 5 .4 2 .3 -1 .5 4 .3 8.6 1 2.2 -3 .6 5 .2 7.5 0.5 5.2 2.4 PHYSICAL FINANCIAL 1 I 1 1 1 1 TABLE 512.* YEAR 37 BALANCE SHEET OF THE FARMING SECTOR, JANUARY 1 IN 1967 DOLLARS PERCENTAGE CHANGE DURING PREVIOUS FIVE YEARS 1 1 1 1 1 1 | 1 1 9* 5.... 19*6. . . . 1 9 * 7 . . . . .1 1 9 * 8 . . . . .1 1 9 * 9 . . . . .1 1 1 95 0.... 1951-------1952____ .1 1953-------- .1 1 9 5 * .... 1 9 5 5 . . . . .1 1 95 6.... 1957____ 1 9 5 8 .... 1 9 5 9 . ------- .1 I 1 9 6 0 ...., 1 9 6 1 . . . . , .1 1 9 6 2 ...., 1 96 3 ...., 1 9 6 * . . . . . .1 1965. . . . . 1 9 6 6 . . . . . .1 1 9 6 7 . . . . ..1 1 9 6 8 .... . 1969.......... 1 1 1 9 7 0 ..... 1 9 7 1 ..... 1 9 7 2 . . . . . .1 1973.......... 1 9 7 * . . . . . .1 1 9 7 5 ...., 1 9 7 6 . . . . . .1 1 9 7 7 . . . . . .1 1 9 7 8 ..... 1 9 7 9 ..... 1 1 1980. . . . . _L_ ASSETS TOTAL 1 1 1 1 | REAL ESTATE 1 1 1 1 | CLAIMS NON-REAL-ESTATE TOTAL TOTAL PHYSICAL FINANCIAL 3 8.3 *5.5 3*.2 23.3 16.0 25 .3 3 7 .* 3 2. 8 26.2 15.0 6 0 .9 59 .2 36.2 19.6 17.* *2.1 33.3 16.3 10.0 17,2 126.6 1*5.* 105.7 50 .6 17.9 38.3 *5.5 3*.2 2 3.3 16.0 8.5 7.* 19.2 17.1 9 .0 10.* 6 .6 2 .9 6 .3 17.7 8.9 5 .0 16.8 20.8 1*.9 15.9 13.8 12.5 13.3 23 .5 8 .0 10.9 2 2.6 11.9 1 .3 2.9 -3 .2 -1 0 .3 -* .2 9.1 13.5 29 .6 *1 .9 19.8 * .0 5. 3 -6 .1 -l*c.S -6 .0 10.8 -* .2 -2 3 .0 -1 5 .* -6 .7 -5 .5 -3 .2 5. 5 3. 1 1 .* *.* 8.5 7 .* 19.2 17.1 9.0 10 .* 6 .6 2.9 6 .3 17.7 13.5 9.2 10.5 1 2.0 6 .0 8. 9 15.8 1*.0 13.0 11.5 2 2.3 15.8 15.1 16.0 13.* 1*. 7 21.2 19.3 18.8 l*. 5 -0 . 1 -1 .6 2.7 *.9 -6 .* -1 .9 5.5 3.8 1.7 5 .2 1.9 1.6 6 .0 8 .0 -6 .0 -2 .7 5 .9 *. 2 1.8 6 .3 -5 .5 -1 0.0 -6 .6 -* .0 -7 .7 0 .7 *.* 2. 7 1 .* 1.8 6 .7 0.0 2. 7 9.5 2 0.7 19.3 2 7.3 3 1.0 23.2 17.0 6 .* -0 .3 1 .* 6 .9 19.7 2 3. 9 3 3. 6 * 1. 9 3 *.2 2 *.6 7 .3 0.8 5 .* 1 5. * 23 .1 9 .2 1 3. 6 7.7 0. 1 -0 .2 10.7 2 .2 7 .0 18 .7 29.1 11.9 18.0 11.5 3 .3 2.8 23 .5 27.1 1*. 7 22.1 1 1 1 1 | LIABILITIES TOTAL -3 * .9 -* 1 .5 -* 1.5 -3 3.5 -7 .3 CCC LOANS 1 1PROPRIETORS* DEBT i EQ U ITI ES EXCLUDINGI CCC LOANS! 20.1 -6 5 .9 -9 2 .2 -9 2 .3 *1 .5 -3 7 .5 -* 0 .0 -3 8 .3 -2 8 .5 -1 0 .7 5 5 .* 6 6.1 * 9. 2 3 2 .2 18.8 12.8 18 .2 * 1.3 55. 1 3 2. 9 2*. 8 3 6. 5 26.5 1 8.0 2 9.8 9 0. 5 109.9 63 *.6 115*.1 85.1 13.5 118.3 15*.6 -* .* -3 .8 5 .9 1*. 9 3 6 .7 * 5 .0 2 7 .0 2 6 .6 3 1 .0 2 1 .2 19.8 3 5 .* 8 .1 6.5 1 7. * l* .l 6.8 9 .0 3.9 0 .7 5.0 1 6. * 13.5 9 .2 10.5 12.0 6 .0 8.9 15.8 1*.0 13.0 11.5 2 7.8 2 5. 3 3 5.5 * *. 7 36.3 39 .5 * 5 .* * 1 .0 3 *. 9 2 7 .3 -5 2 .2 -3 3 .2 10 .0 59.1 -2 7 .0 2 * .* -5 .2 - * 3 .5 -3 8 .3 2 0. * 3 9 .3 3 1 .7 3 7 .8 * 3 .7 * 3 .7 * 0 .2 * 8 .2 * 6 .9 * 0 .0 2 7. 8 11.8 7 .2 7 .6 8. 1 2 .2 * .8 11.6 10.0 9 .5 8 .8 -2 .7 -3 .5 0 .6 * .7 3.* -0 .0 -0 .8 -5 .3 -1 1. 1 -1 2 .3 6. 7 0. 0 2. 7 9. 5 20.7 19.3 27.3 31.0 23.2 17.0 19.0 7 .3 7 .5 10.1 12.2 12 .0 19.2 2 2. 0 2*. 5 2 6.5 * 3. 3 6 .6 56 .5 0 .9 -7 8 .6 -9 1 .3 -8 6 .* -6 8 .6 70.8 3 77 .0 18 .0 7.3 6 .1 1 0 .* 17 .3 17 .5 2 3 .0 2 5 .6 2 3 .2 2 3 .0 *.5 -1 .3 1.7 9.* 2 2 .* 2 0.8 2 8 .9 3 2. 8 2 2. 9 15.2 -1 3 .3 2 3.5 29 .8 8* 9.2 2 6 .6 2 2 .3 38 TABLE 521.1 YEAR 1 I 1 1 1 TOTAL ASSETS OF THE FARMING SECTOR, JANUARY 1 CURRENT DOLLARS AMOUNTS IN MILLIONS OF DOLLARS 1 _ 1 ______ | I TOTAL REAL ESTATE 1 PHYSICAL MACHINERY AND LIVESTOCK MOTOR STORED CROPS 1 1 HOUSEHOLD 1 EQUIPMENT 1 TOTAL AND 1 FINANCIAL BANK DEPOSITS CURRENCY DEMAND TIME U.S. INVESTMENTS SAVINGS IN BONDS COOPERATIVES .M£mu.Ls_____________________ EUBaisamfiSJ 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. 2666. 2963. 3849. 5081. 6081. 6683. 6274. 7080. 9021. 8562. 4213. 4106. 481 6. 4761. 4712. 5199. 5553. 7161. 8061. 8908. 118692. 138259. 153489. 150812. 147549. 151368. 155779. 164881. 172981. 189303. 77600. 89523. 98452. 100051. 98654. 102216. 107503. 115666. 121754. 131054. 12166. 14131. 16674. 17395. 16437. 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. 8441. 9598. 10063. 9554. 9542. 9701. 9969. 9642. 9607. 9422. 192108. 192987. 201210. 209014. 216942. 224427. 240875. 253839. 266779. 280713. 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. 9217. 8711. 8944. 8781. 8767. 8399. 8368. 8315. 8821. 9393. 292064. 301918. 326128. 367046. 448654. 486063. 546922. 621112. 676758. 781717. 215783. 223180. 239614. 267333. 327750. 368455. 416939. 483846. 525820. 599537. 32299. 34372. 36612. 39282. 44223. 55742. 65005. 71856. 77658. 84329. 23480. 23707. 27 267. 34069. 42372. 24581. 29483. 29053. 31952. 51256. 10921. 10688. 11836. 14480. 22042. 23274. 21305. 21998. 24876. 27420. 9581. 9971. 10799. 11 882. 12267. 14011. 14190. 14359. 16452. 19175. 909500. 696000. 97000. 64000. 30500. 22000. 1940 . . . 1 94 1... 1 94 2... 1 94 3... 1 94 4... 194 5... 1 94 6... 194 7... 1 94 8... 1 94 9... 53025. 54 756. 629 20 . 7361 5. 83968. 93 755. 102898. 115906. 127386. 134643• | 48708. | 50048. 1 57273. | 66037. | 74116. | 81251. 1 87978. | 99958. 1 111369. 1 118587. 195 0... 195 1... 1 95 2... 1 9 5 3... 1 95 4... 1 95 5... 195 6... 1 95 7... 1 95 8... 1 95 9... 134544. 154303. 17 0099. 167600. 164559. 168795. 173644. 18 2756. 191257. 208397. I9 6 0 ... 1 96 1... 1 9 6 2... 1 9 6 3 ... 1 96 4... 1 9 6 5 ... 196 6... 1 96 7... 196 8... 1 96 9... 197 0... 1 9 7 1 ... 197 2... 1 9 7 3 ... 1 9 7 4 ... 1 9 7 5... 1 9 7 6 ... 1 97 7... 1 9 7 8 ... 1 9 7 9 ... 1 98 0... | | | | | | | | | | lI 210181. 1 210858. | 219333. i 22 7667. | 235753. 1 243807. 1 260806. | 274255. | 287965. 1 302788. 1 ■ 31 4896. | 32 5947. | 351778. 1 394819. | 47 8553. 1 517506. | 580246. | 655691. | 712965. | 820152. 1 j 95 0000. 1 ____________ L 1 | 1 | 1 | I I I I j I | I I 1 1 1 1 I I 1 1 .1 I | I I ) | i 1 1 I 1 1 | 1 1 | 1 I 1 1 4317. 4708. 5647. 7578. 9852. 12504. 14920. 15948. 16017. 16056. 742. 818. 1128. 1568. 2042. 2592. 3038. 30 70* 2832. 2744. 1286. 1408. 17 53. 2503. 3044. 3631 . 4377. 4950. 4997. 4736. 1211. 1255. 1312. 1371. 1490. 1683. 1975. 2179. 2102. 2102. 24 9. 353 . 511. 1112. 2162. 3379. 4152. 4212. 4375. 4 59 7. 829. 874. 943. 1024. 1114. 1219. 1378. 1537. 1711. 1877. 15852. 16044. 16610. 16788. 17010. 17427. 17865. 17875. 18276. 19094. 2510. 2362. 2452. 2334. 2258. 2235. 2234. 20 16 . 2045. 2010. 4465. 4619. 480 1. 4801 . 4736. 46 61 . 466 1. 4708. 454 5. 4888. 2102. 2102. 2169. 2301. 2432. 2530. 2582. 2 634. 2 897. 3069. 472 0. 46 86. 470 7. 4632. 4732. 4969. 5168. 5063. 5116. 5181. 2055. 2275. 2481. 2720. 2852. 3032. 3220. 3454. 3673. 3946. 18073. 17871. 18123. 18653. 18811. 19380. 19931. 20416. 21186. 22075. 1903. 1803. 1813. 1905. 18 05. 1842. 1880. 1880. 1925. 19 81. 4325. 4025. 4045. 3965. 3925. 400 4. 408 4. 4084. 4185. 4303. 2940. 2894. 2956. 3296. 3495. 3733. 4032. 4355. 4790. 5199. 4663. 462 5. 4463. 4424. 4229. 4206. 405 4. 3922. 3787. 375 3. 4242. 4524. 4846. 5063. 5357. 5595. 5881. 6175. 6499. 6839. 22832. 24029. 25650. 27773. 29899. 31443. 33324. 34579. 36207. 38435. 2010. 2044. 2094. 218 4. 2174. 2050. 2000. 1930. 1880. 1870. 4367. 4457. 455 7. 4 75 8. 4 94 9. 48 90 . 5010. 5085. 5225. 5340. 5514. 5933. 650 0. 7082. 7754. 6120. 8610. 8955. 92 25 . 9 52 5. 37 40 . 3588. 367 6. 399 1. 416 6. 4331. 4412. 4365. 4415. 4785. 7201. 8007. 8823. 9758. 10856. 12052. 13292. 14244. 15462. 16915. 40 500. 1900. 5500. 9800. 5000. 18300. ‘ TABLE 521.2 YEAR 1 1 1 i 1 TOTAL 39 ASSETS OF THE FARMING SECTOR CURRENT DOLLARS CHANGE DURING YEAR IN MILLIONS OF DOLLARS 1 1 1 I 1 PHYSICAL TOTAL REAL ESTATE MACHINERY ANO LIVESTOCK MOTOR STORED CROPS 1 1____ _ HOUSEHOLD i EQUIPMENT i TOTAL AND 1 FINANCIAL BANK DEPOSITS CURRENCY DEMAND TIME INVESTMENTS U.S. IN SAVINGS BONDS COOPERATIVES miLCi.ES_____________________fu&Mismafis. 1 9 4 0 .. .1 1 9 4 1 ...| 1 9 4 2 ...I 1 9 4 3 ...| 1 9 4 4 ...| 1945...1 1 9 4 6 ...| 1947...1 1 9 4 8 ...j 1 9 4 9 ...| 1731. | 8164. 1 10695. | 10353. I 9787. | 9143. 1 13008. I 11480. | 7257. | -9 9 . | 1 19759. I 15796. 1 -2 49 9. 1 -3 04 1. | 4236. 1 4849. i 91 12. 1 8501. | 17140. | 1784. | 1340. 7225. 8764. 8079. 7135. 6727. 11980. 11411. 7218. 105. 764. 3147. 40 57. 6596. 5684. 7162. 7417. 5201. 2959. 977. 194. 734. 960. 491. 1035. -1086. -5 0 . 2028. 2702. 2098. 192. 1748. 2570. 4 1. -6 73 . 706. 2199. 1341. 1169. -1532. 297. 886. 1232. 1000. 602. -409. 806. 1941. -459. -971 . -1 07 . 710. -55. -4 9. 48 7. 354. 1608. 900. 847. -4 6 7 . 1 ! j 1 I 1 i I I i 3 91 . 939 . 1931. 2274. 2652. 2416. 1028. 6 9. 39 . -2 0 4 . 76. 310. 440. 474. 550. 446. 32. -238. -8 8 . -2 3 4 . 122. 3 45 . 750. 541. 587. 746 . 573 . 4 7. -2 61 . -2 71 . 44. 57. 59. 119. 193. 292. 204. -7 7 . 0. 0. 104. 158. 6 01 . 1050. 1217. 7 73 . 6 0. 163. 222 . 123. 45. 69. 81. 90. 105. 159. 159. 174. 166. 178. 19567. 15230. -2677. -326 3. 3819. 4411. 9102. 8100. 16322. 2805. 11923. 8929. 1599. -1397. 3562. 5287. 8163. 6088. 93 00. 6107. 1965. 2543. 721. 1042. 158. 744. 901. -95. 1690. 910. 4206. 2427. -4746. -3036. -535. -582 . 369. 2860. 3798. -2407. 316. 866. 258. 140. 475. -1 3 0 6 . -4 . -718 . 1719. -1 6 0 0 . 1157. 465. -509 . -12. 159. 268. -3 27 . -35. -1 85 . -2 05 . 1 192. i 56 6. J 178. I 222 . i 4 17 . I 438 . i 10. i 401. i 8 18 . I -102 1. -1 4 8 . 90. -1 18 . -7 6 . -23. -1 . -2 18 . 29. -3 5. -1 07 . 154. 182. 0. -6 5 . -7 5 . 0. 47. -1 63 . 3 43 . -5 63 . 0. 67. 132. 131. 98 . 52 . 52. 263. 172. -1 29 . -3 4 . 21 . -7 5 . 100. 237 . 199. -1 05 . 53. 65. -5 18 . 220. 206. 239. 132. 180. 188. 234. 219. 273. 296. j | | | | | | | i ] 879. 8223. 7804. 7928. 7485. 16448. 12964. 12940. 13934. 11351. 1305. 6082. 5633. 8376. 8945. 11709. 9893. 10596. 9490. 6593. -5 40 . 311. 938. 481. 891. 1179. 1438. 2365. 1463. 1028. 359. 821. 879. -1439. -1 3 7 4 . 3091. 1388. -142. 1417. 3232. 261. 776. 517. 524. -609. 500. 298. -385 . 992. 310. -5 06 . 233. -1 63 . -1 4. -3 68 . -31. -5 3 . 506. 572. 188. 1 | I i I I i 1 1 I -2 0 2 . 2 52 . 530. 158. 569. 551 . 4 85 . 77 0. 8 89 . 757 . -1 00. 10. 92. -1 00 . 37. 38. 45. 56. 29. -3 0 0 . 20. -8 0 . -4 0 . 79. 80. 0. 101. 118. 64. -46. 62 . 340. 199. 238. 299. 323. 435. 409. 315. -3 8 . -1 62 . -3 9 . -1 95 . -2 3 . -1 5 2 . -1 32 . -1 35 . -3 4 . -1 3 . 282. 322. 217. 294. 238. 286. 294. 324. 340. 362. 9854. | 1 24210. 1 40918. 81608. i 1 37409. | 60859. | 74190. | 55646. | 104959. | 127783. 1 7397. 16434. 27719. 60417. 40705. 48484. 66907. 41974. 73717. 96463. 207 3. 2240. 2670. 4941. 11519. 9263. 6851. 5802. 6671. 12671. 227. 3560. 6802. . 8303. -1 7 7 9 1 . 4902. -4 30 . 2899. 19304. 12744. -233. 1148. 2644. 7562. 1232. -1969. 693. 2878. 2544. 3080. 390. 828. 10t83. 385. 1744. 179. 169. 2093. 2723. 2825. I i 1 I i i J i 1 1 1197. 1621. 2123. 212 6. 1544. 1881. 1255. 1628. 22 28. 2065. 34. 50. 90. -1 0 . -1 2 4 . -5 0. -70. -50. -1 0 . 30. 90. 100. 20 1. 191. -5 9 . 120. 75. 14 0. 115. 160. 419. 567. 582. 672. 366. 490. 34 5. 270. 300. 275. -1 5 2 . 88 . 3 15 . 175. 165. 81 . -4 7 . 5 0. 3 70 . 2 15 . 806. 816. 935. 1098. 1196. 1240. 952. 1218. 1453. 1385. 1 9 5 0 ...| 1 9 5 1 ...| 1952...1 1 9 5 3 ...| 1954...1 1955...1 1 9 5 6 ...| 1 9 5 7 ...| 1 9 5 8 ...| 1 9 5 9 ...| j 1 9 6 0 ...I 677. 1 96 1... | 8475. 1 9 6 2 ...| 8334. 196 3... I 8086. 1 9 6 4 ...| 8054. 1 9 6 5 . . . | 16999. 13449. 1966...1 1 9 6 7 . . . | 13710. 1 9 6 8 ...i 14823. 12108. 1 9 6 9 ...i i 1 9 7 0 . . . | 11051. 1 9 7 1 ...i 25831. 43041. 1972...1 1 9 7 3 . . . I 83734. 1974...1 38953. 62740. 1975...1 1976...1 75445. 1 9 7 7 . . . | 57274. 1 9 7 8 . . . | 107187. 1 9 7 9 . . . | 129848. i 0. CHANGES IN THE CURRENT VALUE OF ASSETS, ALSO SHOWN IN TABLE 5 4 1 . 1 , REFLECT BOTH NET INVESTMENT AND INTER-SECTOR TRANSFERS ITABLE 542.11 AND CAPITAL APPRECIATION (TA B LE 5 4 3 . 1 ) . CHANGES IN THE PURCHASING POWER OF THE TOTAL FUNDS INVESTED IN FARM ASSETS SHOULD ALSO BE CONSIDERED IN EVALUATING THE REAL IMPACT OF CHANGES IN CURREHT-DOLLAR ASSET VALUES (TAB LE 5 4 4 . 1 ) . 40 TABLE 5 2 1 .3 AS SE TS OF T HE FARMING SECTOR CURRENT DOLLARS PERCENTAGE CHANGE DURING YEAR 1 1 | 1 1 1 1 1 9 4 0 ...| 1 9 4 1 ...| 1 9 4 2 ...j 1 9 4 3 ...| 1 9 4 4 ... | 1 9 4 5 ...| 1 9 4 6 ...| 1 94 7 ...1 1 948.• • | 1 94 9 ...1 YEAR P H Y SI C A L TOTAL | TO T A L REAL ESTATE MACHINERY ANO L IV E S T O C K MOTOR V EH IC L ES FINANCIAL HOUSEHOLD STORED EQUIPMENT 1 T O T A L CROPS ANO ^ F U R N IS H IN G S DEMAND BANK O E P O S I T S T IM E U .S . IN V ES T M EN T S SAVING S IN BONDS iC OO PE RAT IV ES CURRENCY 3 .3 14.9 17.0 14.1 11.7 9 .8 12.6 9 .9 5 .7 -0 .1 1 1 i | | | | | | 1 2 .8 14.4 15.3 12.2 9 .6 8 .3 13.6 11.4 6 .5 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 -1 6 .8 -0 .9 38.0 3 6.7 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 -1 1 .3 -2 .5 17.3 -1 .1 -1 .0 10.3 6 .8 2 9.0 12.6 10.5 -5 .2 1 1 1 1 1 1 1 1 1 1 9 .1 19.9 34.2 30.0 2 6.9 19.3 6 .9 0 .4 0 .2 -1 .3 10.2 3 7.9 39.0 30.2 2 6.9 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 4 1.8 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 1 9 5 0 ...| 1 9 5 1 ...| 1 9 5 2 ...I 1 9 5 3 ...| 1 9 5 4 ...| 1 95 5 ...1 1 95 6 ...1 1 95 7 ...1 1 9 5 8 ...I 1 9 5 9 ...| j 14.7 10.2 -1 .5 -1 .8 2 .6 2 .9 5 .2 4 .7 9 .0 0 .9 | 1 | | | | 1 | | 1 16.5 11.0 -1 .7 -2 .2 2 .6 2 .9 5 .8 4 .9 9 .4 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 -2 4 .3 -2 0 .5 -4 .6 -5 .2 3.5 26.0 27.4 -1 3 .6 4 .2 11.0 2 .9 1 .6 5 .2 -1 3 .5 -0 .0 -8 .6 2 2.6 -1 7 .1 13.7 4 .8 -5 .1 -0 .1 1 .7 2 .8 -3 .3 -0 .4 -1 .9 -2 .2 1 i 1 1 1 1 1 1 1 1 .2 3*5 l.l 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 l .4 -1 .7 -5 .3 3 .4 3 .9 0 .0 -1 .4 -1 .6 0 .0 1 .0 -3 .5 7 .5 -1 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 -1 0 .0 10.7 9 .1 9 .6 4 .9 6 .3 6 .2 7 .3 6 .3 7 .4 7 .5 1 9 6 0 ...| 1 9 6 1 ...| 1 9 6 2 ...1 1 9 6 3 ...| 1 9 6 4 ...| 1 9 6 5 .| 1 96 6 ...1 1 9 6 7 ...| 1 9 6 8 ...( 1 9 6 9 ...) j 0 .3 4 .0 3 .8 3 .6 3 .4 7 .0 5 .2 5 .0 5 .1 4 .0 1 | 1 | i | | i 1 1 0 .5 4 .3 3 .9 3 .8 3 .5 7 .3 5 .4 5.1 5 .2 4 .0 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 -5 .5 2 .7 -1 .8 -0 .2 -4 .2 -0 .4 -0 .6 6 .1 6 .5 2 .0 1 1 1 1 1 1 1 1 1 1 -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 1 9 7 0 ...| 1 9 7 1 ...| 1 9 7 2 ...| 1 9 7 3 ...| 1 9 7 4 ...I 1 9 7 5 .. . | 1 9 7 6 ...| 1 9 7 7 ...| 1 9 7 8 ...I 1 9 7 9 ...| 3 .5 7 .9 12.2 21.2 8.1 12.1 13.0 8 .7 15.0 15.8 | | | | | | | | i | 3 .4 8 .0 12.5 22.2 8 .3 12.5 13.6 9 .0 1 5.5, 16.3 3 .4 7 .4 11.6 22.6 12.4 13.2 16.0 8 .7 14.0 16.1 6 .4 6 .5 7 .3 12.6 26.0 16.6 10.5 8 .1 8 .6 15.0 1.0 15.0 24.9 24.4 -4 2 .0 19.9 -1 .5 10.0 60.4 2 4.9 -2 .1 10.7 22.3 52.2 5 .6 -8 .5 3 .3 13.1 10.2 11.2 4 .1 8 .3 1 0.0 3 .2 14.2 1 .3 1.2 !*».© 16.6 14.7 1 1 1 1 1 1 1 1 1 1 5 .2 6 .7 8 .3 7 .7 5 .2 6 .0 3 .8 4 .7 6 .2 5 .4 1 .7 2 .4 4 .3 -0 .5 -5 .7 -2 .4 -3 .5 -2 .6 -0 .5 1 .6 2.1 2 .2 4 .4 4 .0 -1 .2 2 .5 1 .5 2 .8 2 .2 3 .0 7 .6 9 .6 9 .Q 9 .5 4 .7 6 .0 4 .0 3 .0 3 .3 2 .9 -4 .1 2 .5 8 .6 4 .4 4 .0 1.9 -1 .1 1.1 8 .4 4 .5 11.2 10.2 10.6 11.3 1 1.0 10.3 7 .2 8 .6 9 .4 8 .2 i TABLE 521.4 41 ASSETS OF THE FARMING SECTOR, JANUARY 1 CURRENT DOLLARS PERCENTAGE OF TOTAL PHYSICAL YEAR TOTAL I TOTAL REAL ESTATE MACHINERY AND LIVESTOCK MOTOR V E H IC LES 1 94 0... 1 94 1... 1 94 2... 1 94 3... 1944... 1945... 1 94 6... 1 94 7... 1 948... 1 949... 100.0 100.0 100.0 100.0 1 00.0 100.0 1 00.0 1950... 1 95 1... 1 95 2... 1953... 1954... 1955... 1956... 1957... 1958... 1 959... 10 0 .0 10 0.0 10 0.0 100.0 10 0.0 10 0.0 10 0.0 100.0 1960... 1 9 6 1... 1 96 2... 1 96 3... 1 96 4... 1 9 6 5... 196 6... 1 9 6 7... 1 96 8... 1 9 6 9... 10 0.0 10 0.0 100.0 FINANCIAL HOUSEHOLD | STORED EQUIPMENT | TOTAL AND I CROPS FURNISHINGSI BANK DEPOSITS CURRENCY DEMAND TIME INVESTMENTS U.S. SAVINGS IN BONDS COOPERATIVES | | j i | 9 1. 9 9 1 .4 9 1. 0 89.7 88.3 86.7 85.5 86.2 87.4 88.1 6 3 .4 6 2 .8 5 9. 7 56.5 5 7. 4 57.5 59.3 59.1 57 .8 56.9 5.8 5.9 6.3 6.7 6. 5 6.9 5. 2 4.6 5. 8 7 .5 9.7 9.7 11.2 13.1 11.5 9.6 9.4 10. 3 10.4 10.7 5 .0 5. 4 6 .1 6 .9 7.2 7.1 6.1 6.1 7.1 6 .4 7 .9 7 .5 7 .7 6 .5 5 .6 5 .5 5 .4 6 .2 6.3 6.6 i i I 1 i 1 i i 1 i 8 .i 8.6 9 .0 10. 3 11 .7 13.3 14.5 13.8 12.6 11.9 1 .4 1 .5 1 .8 2.1 2 .4 2 .8 3.0 2 .6 2 .2 2 .0 2.4 2 .6 2 .8 3 .4 3 .6 3 .9 4. 3 4 .3 3 .9 3 .5 2 .3 2 .3 2. 1 1 .9 1.8 1.8 1 .9 1.9 1.7 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 1 1 I | 1 i I 1 I | 88.2 89 .6 9 0. 2 90.0 89 .7 89.7 89.7 90 .2 9 0 .4 9 0.8 57.7 58.0 57.9 5 9. 7 6 0 .0 6 0.6 6 1. 9 6 3 .3 63. 7 6 2 .9 9.0 9 .2 9. 8 1 0. 4 11.2 11 .0 11.1 11.1 10.5 10.5 9.6 11.1 11.5 8.8 7.1 6 .6 6.1 6 .0 7.2 8.5 5.6 5.1 5. 2 5 .4 5.6 5.7 4 .8 4 .6 4 .0 4 .5 6.3 6 .2 5 .9 5 .7 5 .8 5 .7 5 .7 5 .3 5 .0 4 .5 1 ) 1 1 1 1 1 1 j J 11.8 10.4 9 .8 10.0 10.3 10.3 10.3 9 .8 9 .6 9. 2 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 1.6 1.9 1 .9 1 .9 1.9 9 1 .4 91 .5 9 1.7 9 1. 8 9 2.0 92.1 9 2.4 92.6 9 2. 6 9 2.7 65 .3 6 5 .7 6 5 .9 6 6 .0 6 7 .3 6 8 .7 6 8 .7 6 9 .0 6 9.3 69. 1 10.8 10.5 10.3 10.3 10.2 10.2 10.0 10.0 1 0.4 10.3 7.3 7.4 7.5 7.6 6 .7 5.9 6.7 6 .9 6.5 6. 7 3 .7 3 .8 4 .0 4. 1 4 .2 3. 8 3. 7 3. 6 3 .3 3.5 4.4 4 .1 4. 1 3.9 3.7 3.4 3 .2 3 .0 3. 1 3 .1 I 8 .6 | 8 .5 10 0 .0 10 0.0 1 1 1 | 1 | l | I I j I 1 i j 1 1 1 8.3 8 .2 8 .0 7.9 7. 6 7.4 7 .4 7 .3 0.9 0.9 0 .3 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 1 97 0.., 1 97 1... 197 2... 197 3... 1 97 4... 1 9 7 5... 197 6... 1 9 7 7... 1 978... 1 97 9... 1 00 .0 10 0 .0 10 0.0 1 00 .0 10 0 .0 1 00 .0 10 0.0 1 00 .0 10 0 .0 10 0.0 | I l I I i | I I i 92 .7 9 2 .6 92 .7 9 3.0 93.8 9 3. 9 9 4 .3 9 4 .7 9 4. 9 9 5 .3 6 8 .5 6 8 .5 68. 1 67.7 6 8 .5 71.2 7 1 .9 7 3. 8 7 3 .8 7 3.1 10.3 10.5 1 0. 4 9.9 9 .2 1 0.8 11.2 1 1. 0 1 0. 9 1 0.3 7.5 7.3 7.8 8.6 8.9 4 .7 5.1 4 .4 4.5 6.2 3.5 3. 3 3.4 3.7 4 .6 4. 5 3 .7 3 .4 3 .5 3 .3 3.0 3.1 3. 1 3.0 2.6 2 .7 2.4 2 .2 2 .3 2 .3 1 1 1 ) I i 1 i 1 1 7.3 7 .4 7.3 7.0 6 .2 6 .1 5 .7 5.3 5 .1 4.7 0.6 0.6 0.6 0.6 0 .5 0.4 0.3 0.3 0 .3 0 .2 1 .4 1 .4 1.3 1.2 1.0 0 .9 0 .9 0. 8 0 .7 0 .7 1.8 1.8 1.8 1.8 1.6 1.6 1. 5 1 .4 1. 3 1.2 1.2 1.1 0.9 0 .8 0 .8 0 .7 0 .6 0.6 2 .3 2 .5 2.5 2 .5 2 .3 2 .3 2 .3 2 .2 2.2 2.1 1980... 1 0 0 .0 I 9 5 .7 7 3. 3 1 0.2 6. 7 3.2 2.3 1 4.3 0 .2 0 .6 1 .0 0.5 1.9 10 0.0 10 0.0 10 0.0 100.0 100.0 100.0 10 0.0 10 0.0 10 0.0 100.0 | | | | i 1 .0 1 .0 42 TABLE 522.1 A S S E T S OF THE FARMING SE C TO R , JANUARY IN 1967 PRI C ES IN M IL L IO N S OF DOLLARS 1 AMOUNTS 1 YEAR | | TOTAL 1 I 1940...1 1 9 4 1 ... 1 1942...1 1 9 4 3 ...| 1 9 4 4 ...| 1 9 4 5 ...I 1 9 4 6 ...i 1 9 4 7 ...| 1 9 4 8 ...| 1 9 4 9 ...| 1 1 9 5 0 ...| 1 9 5 1 ...| 1 952...1 1 95 3...1 1 9 5 4 ...| 1 9 5 5 ...| 1 9 5 6 ...| 1 9 5 7 ...| 1958...1 1 9 5 9 ...| 1 1 1 9 6 0 ...| 1 9 6 1 ...| 1 9 6 2 ...i 1 9 6 3 ... 1 1 9 6 4 ...| 1 9 6 5 ...| 1 9 6 6 ...i 1 9 6 7 ...| 1 9 6 8 ...| 1969...1 ■ 1 9 7 0 ...| 1 9 7 1 ...| 1972...1 1 9 7 3 ...| 1974...1 1 9 7 5 ...| 1 9 7 6 ...| 1 9 7 7 ...| 1978...1 1 9 7 9 ...| 1 1 9 8 0 ...i 1 1 1 P HY SI C A L REAL ESTATE MACHINERY AND L IV E S T O C K MOTOR STORED CROPS HOUSEHOLD EQUIPMENT AND | 1 TO TA L | | | | 1 | 194725. 196904. 199705. 201765. 20 1735201887. 201052. 203541. 206159. 213724. 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. 7519. 6416. 8465. 7940. 8082. 8140. 7605. 7281. 7184. 7394. 7982. 8323. 8855. 223781. 228931. 233074. 236293. 240340. 243253. 245338. 244906. 246155. 249482. 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. 8800. 9059. 9022. 8671. 9596. 11079. 8984. 9323. 9453. 9191. 9190. 9586. 10041. 9643. 9530. 9470. 249804. 249407. 249934. 250793. 251992. 250772. 253170. 253839. 257012. 259277. 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. 9730. 10315. 10656. 10874. 11074. 9497. 10914. 10004. 11373. 12665. 9209. 8728. 9017. 8907. 8874. 8553. 8559. 8315. 3638. 8807. 260566. 261194. 264988. 266810. 270504. 270302. 270747. 270504. 273663. 274955. 190963. 192292. 193543. 194826. 196378. 197717. 197401. 197293. 1972 00. 197205. 28644. 28805. 28610. 28925. 30255. 30904. 30910. 31099. 31134. 30998. 19554. 20211. 20507. 20899. 21859. 22200. 21420. 20832. 19930. 19209. 12740. 11125. 13037. 12111. 11980. 9553. 11473. 11450. 14533. 15550. 8665. 8761. 9291. 10049. 10032. 9928. 9543. 9830. 10866. 11993. 279000. 197100. 33000. 20000. 16000. 12900. 1 1 1 FINANCIAL BANK D E P O S IT S | T O TA L 1 CURRENCY DEMAND T IM E U .S . IN V ES T M EN T S IN SAVI NG S BONDS C OO PE R AT IV E S VEHICLES _____________________ FURNISHINGS. 206717. 209628. 213151. 217389. 220681. 224621. 227228. 227706. 226961. 235133. 245495. 248987. 252848. 256766. 261339. 264767. 26 766 9. 266441. 267656. 271429. 1 | | | | | | | | j | | | | 1 1 270341. | 269716. | 270297. | 271291. | 272439. | 271611. | 273717. | 274255. | 277989. | 280504. | I 281322. | 281732. 1 286187. | 28 7536. | 289429. | 288270. | 288378. | 287969. | 290987. | 291380. | j 294550. 1 L ________ L 11992. 12724. 13446. 16124. 18946. 22734. 26176. 24165. 20802. 21409. 2061. 2211. 26 86. 3336. 39 27. 471 3. 5330. 4 65 2. 3678. 3659. 3572. 3805. 41 74. 5326. 58 54. 66 02. 7679. 7500. 6490. 6315. 33 64. 3392. 3124. 2917. 286 5. 3060. 3465. 3302. 2730. 2 803. 6 92 . 9 54 . 1217. 2366. 4158. 6143. 728 4. 6382. 5682. 612 9. 2303. 2362. 2245. 2179. 2142. 2216. 2418. 2329. 2222. 2503. 21714. 20056. 19774. 20473. 20999. 21514. 22331. 21535. 21501. 21947. 3438. 2952. 2919. 2846. 2788. 2759. 2792. 2429. 2406. 2310. 6116. 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. 20537. 20309. 20363. 20498. 20447. 20839. 20547. 20416. 20977. 21227. 2162. 2049. 2037. 2093. 1962. 1981. 1938. 1880. 1906. 1905. 4915. 457 4. 4545. 4357. 4266. 430 5. 4210. 4084. 4144. 41 38. 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. 20756. 20538. 21199. 20726. 18925. 17968. 17631. 17465. 17324. 16425. 1827. 1747. 1731. 1630. 1376. 1172. 1058. 975. 900. 7 99. 3970. 3809. 3766. 3551. 313 2. 2794. 2651. 2568. 2500. 2282. 5013. 5071. 5372. 5285. 4909. 4640. 4555. 4523. 44 14. 4071. 3400. 3067. 3038. 2978. 2637. 2475. 2334. 2205. 2112. 2045. 6546. 6844. 7292. 7282. 6871. 6887. 7033. 7194. 7398. 7228. 1 15550. 1 730. 2115. 3 765. 1900. 7040. I I 1 | 1 i I | I I 1 1 I | | I I I 1 1 'I I 1 I j I | I J j I I J I | | 1 1 I | I i | I IN TH ESE USDA S E R I E S , PH Y S IC A L A S SE T S ARE VALUED AT T H E I R 1967 P R I C E S , SO T H A T THE DATA R EF L EC T CHANGES I N PHY SI C A L Q U A N T I T I E S OF TH E A S S E T S . FOR F I N A N C I A L A S S E T S , AMOUNTS I N CURRENT DOLLARS ( fA B L E 521.11 ARE D EF L A T ED BY THE INDEX OF P R IC ES P A I D BY FARMERS ( P A R I T Y IN D E X , SEE TA B L E 5 3 1 .1 1 , AND THUS THE DATA R E F L E C T CHANGES I N THE GENERAL FARM PURCHASING POWER OF THE S E A S S E T S . FOR D A TA TH A T EXPRESS AS SET VALUES IN DOLLARS OF CONSTANT (19671 CONSUMER PURCHASING POWER, SEE TA BL E 5 1 2 .1 . TABLE 522.2 43 ASSETS OF THE FARMING SECTOR IN 1967 PRICES CHANGE DURING YEAR IN MILLIONS OF DOLLARS 1 1 | 1 1 1 1 1 9 4 0 ...| 1 9 4 1 ...| 1 9 4 2 ...| l 943 . . . | 1 9 4 4 ...| 1 9 4 5 ...| 1 9 4 6 ...| 1 9 4 7 ...| 1 9 4 8 ...I 1 9 4 9 ...| YEAR FINANCIAL PHYSICAL TOTAL | TOTAL REAL ESTATE MACHINERY AND LIVESTOCK MOTOR VEHICLES HOUSEHOLD STORED EQUIPMENT | TOTAL CROPS AND FURNISHINGS 2911. 3523. 4738. 2792. 3940. 2607. 478. -745. 8172. 10362. | 1 1 | | | | | 1 1 2179. 2801. 2060. -3 0. 152. -8 35. 2489. 2618. 7565. 10057. 702. 702. 702. 702. 706. -3 5 3 . 1585. 1631. 1934. 6916. 323. 1269. -4 80 . -820. 98. 561. 911. 2485. 3169. 3046. 268. 919. 1263. 829. -9 88 . -5 68 . -6 47 . -7 36 . -1 1 9 . 192. 744. -147 . 1110. -417 . 433. -685 . 52. -1103. 2049. -226. 142. 58. -5 3 5 . -324 . -9 7 . 210. 588. 341. 532. 129. 1 9 5 0 ...J 1951...1 1 9 5 2 .. .1 1 9 5 3 .. .1 1 9 5 4 ...| 1 9 5 5 .. . | 1 9 5 6 ...| 1 9 5 7 ...| 1 9 5 8 ...| 1 9 5 9 ...| 1 1 1 9 6 0 ...| 1 9 6 1 ...| 1 9 6 2 ...| 1963...1 1 9 6 4 ...| 1 9 6 5 .. . | 1 9 6 6 ...| 1 9 6 7 ...| 1 9 6 8 ...| 1 9 6 9 ...| 3492. 3861. 3918. 4573. 3428. 2902. -1 22 8. 1215. 3773. -1088. 1 | | | | | J | 1 | 5150. 4143. 3219. 4047. 2913. 2085. -4 32. 1-249. 3327. 322. 2092. 1492. 1905. 1859. 1688. 1482. 1455. 1302. 1194. 855. 2498. 2002. 669. 1372. 295. 171. -5 51 . -574. 146. 588. 650. 843. 47 7. -6 7. 275. 14. -5 87 . -2 91. 564. 489. -429. -324. 430. 884. 259. -37. -3 51 . 925. 1483. -1 3 4 9 . -6 2 5 . 581. 994. 1148. -828. 2106. 538. 3734. 2515. 818. | | i | | | 1 | i | -3 97 . 527. 859. 1199. -122 0. 2398. 669. 3173. 2265. 1289. 158. -9 3. 154. 395. 335. 46 0. 804. 293. 423. 1143. -4 74 . -4 1 9 . -2 5 . 204. 405. 654. 806. 1077. 129. -5 . -185. 409. 622. 433. -6 2. -1 39. 213. 111. 252. 218. 1970...1 1 9 7 1 ...| 1 97 2...1 1 973.. .| 1 9 7 4 ...| 1975...1 1 9 7 6 ...J 1 9 7 7 ...| 1 9 7 8 ...| 1979...1 _________ L 410. 4455. 1349. 1893. -1159. 108. -4 09. 3018. 393 . 3170. | | | 1 | i | | 1 | 62 8. 3794. 1822. 3694. -2 02 . 445 . -2 43 . 3159. 1292. 4045. 1329. 1251. 1283. 1552. 1339. -3 16 . -1 08. -9 3 . 5. -1 05 . 161. -1 95 . 31 5. 1330. 649. 6. 189. 35. -1 36 . 2002. 657. 296. 392. 960. 341. -7 80 . -5 88 . -9 0 2 . -7 2 1 . 791. BANK DEPOSITS CURRENCY DEMAND TIME U .S. INVESTMENTS IN SAVINGS 80NDS COOPERATIVES | 2678. I 2822. I 37 88. I 3442. I -2011. I -3 3 6 3 . i 60 7. I 305. 150. 475. 650. 591. 786. 617 . -6 78 . - 9 74. -1 9 . -221. 2 33 . 3 69 . 1152. 528 . 7 48 . 1077. -1 79 . -1 0 1 0 . -1 7 5 . -1 9 9 . 28. -2 68 . -2 07. -5 2 . 195. 40 5. -1 63 . -5 72 . 73. 76. 262. 2 63 . 1149. 1792. 1985. 1141. -9 0 2 . -7 0 0 . 4 47 . 33 7. 59. -1 17 . -66. -3 7. 74. 202. -8 9 . -1 0 7 . 281. 312. 339. 130. -2 62 . -1 . 396. 455. -398. -1 13 . -60. -2 61 . 1 -1658. | -2 82 . j 699. i 526. 1 51 5. 1 817. I -7 96. I -3 4 . i 44 6. i -1410. -486. -3 3 . -7 3. -5 8. -29. 33. -3 63 . -2 3 . -9 6. -1 48 . -3 4 2 . -5 9 . 140. -8 . -9 3 . 72 . -1 5 4 . -325. 271 . -7 0 3 . -2 51 . -4 6 . 224. 196. 121. 105. -5 5 . 235. 120. -1 87. -6 08 . -2 54 . 45. 193. 293 . 32 5. -3 60 . -8 1 . -6 4 . -6 5 6 . 29. 110. 363. 203. 223. 282. 136. 160. 215. 284. 585. 341. 218. 200. -1577. 1417. -910. 1369. 1292. 75. -4 81 . 289. -1 1 0 . -33. -3 2 1 . 6. -2 44. 323. 169. -1 42 . j | 1 I 1 I j 1 1 I -2 28 . 54 . 135. -5 1 . 392 . -2 9 2 . -1 31 . 5 61 . 2 50 . -4 71 . - 1 13. -1 2 . 56. -1 31 . 19. -43. -5 8 . 26. -1 . -7 8 . -3 41 . -2 9 . -1 88 . -9 1 . 39. -9 5 . -1 26 . 6 0. -6 . -1 68 . -5 2 . 32. 301. 177. 215. 143. 198. 388. 256. 14. -4 3 . -2 41 . -1 53 . -2 6 5 . -7 5 . -3 43 . -2 57 . -1 7 3 . -1 40 . -2 0 9 . 321. 304. 119. 259. 194. 46. 112. 260. 141. -3 0. -1615. 1912. -9 26 . -131. -2427. 1920. -2 3. 3083. 1017. 450. 96. 530. 758. -17. -1 0 4 . -3 8 5 . 287. 1036. 1127. 907. I -2 1 8 . | 661 . I -4 73 . | -1 80 1. 1 -9 57 . 1 -3 37 . I -1 66 . I -1 41 . | -8 99 . i -8 75 . -8 0. -16. -1 01 . - 2 54. -2 04 . -1 1 4 . -8 3 . -7 5 . -1 01 . -6 9 . -1 61 . -4 3 . -2 1 5 . -4 1 9 . -338. -1 4 3 . -8 3 . -6 8 . -2 1 8 . -167. 58. 30 1. -8 7. -3 76 . -2 69 . -8 5. -3 2 . -1 09 . -3 4 3 . -3 0 6 . -3 33 . -2 9 . -6 0 . -3 41 . -1 62 . -1 4 1 . -1 29 . -9 3 . -6 7 . -1 4 5 . 298. 448. -10. -4 11. 16. 146. 161. 204. -1 7 0 . -1 88 . I 732. 1 722. 44 TABLE 522.3 ASSETS CF THE FARMING SECTOR IN 1967 PRICES PERCENTAGE CHANGE DURING YEAR 1 1 1 | 1 PHYSICAL 1 1 HOUSEHOLD 1 EQUIPMENT I TOTAL AND 1 1 1 1 1 1 TOTAL 1 9 4 0 ...| 1 9 4 1 ...| 1 9 4 2 ...| 1 9 4 3 ...| 1944...1 1 9 4 5 ...| 1 9 4 6 ...| 1 9 4 7 ...| 1 948...| 1 9 4 9 ...| 1 .4 1 .7 2 .2 1.3 1.8 1 .2 0.2 -0 .3 3 .6 4#4 | 1 i | | | 1 | | | 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 2 2. 6 2 3.5 18.3 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 -1 4 .7 3 1. 9 -2 .7 1.8 0.7 -6 .6 -4 .3 -1 .3 2 .9 8 .0 4.3 6.4 1.5 1 9 5 0 ...| 1 9 5 1 ...| 1 9 5 2 ...| 1 953...| 1 9 5 4 ...| 1 9 5 5 ...| 1 9 5 6 ...| 1 9 5 7 ...| 1 9 5 8 ...| 1 9 5 9 ...| j 1 9 6 0 ...i 1 9 6 1 ...| 1 962...1 1 9 6 3 ... | 1 96 4...1 1 9 6 5 ...| 1 9 6 6 ...| 1 9 6 7 ...| 1 9 6 8 ...| 1 9 6 9 ...| j 1 9 7 0 ...| 1 9 7 1 ...| 1 9 7 2 ...| 1 9 7 3 ...| 1 9 7 4 ...| 1 9 7 5 ...| 1 9 7 6 ...| 1 9 7 7 ...| 1 9 7 8 ...f 1 9 7 9 ...| 1 1.4 1 .6 1 .5 1 .8 1 .3 1.1 -0 .5 0.5 1.4 -0 .4 i | 1 | 1 1 1 | | | I | | 1 | | i 1 | | | 1 1 | 1 | | | | | | 1 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 12.7 9.0 2 .8 5 .5 1.1 0 .6 -2 .1 -2 .2 0 .6 2 .3 4. 2 5.3 2.8 -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 -1 2 .2 3 .8 1 .4 -2 .8 -0 .0 4.3 4 .7 -4 .0 -1 .2 -0 .6 -2 .8 -0 .2 0 .2 0.3 0.5 -0 .5 1.0 0 .3 1 .3 0 .9 0 .5 0 .1 -0 .0 0 .1 0 .2 0. 2 0.2 0 .4 0 .2 0 .2 0.6 -1 .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 -1 4.2 14.9 -8 .3 13 .7 11 .4 0 .6 -5 .2 3.3 -1 .2 -0 .4 -3 .6 0.1 -2 .9 3.9 2.0 -1 .6 0.2 1.5 0.7 1 .4 -0 .1 0.2 -0 .1 1.2 0 .5 1 .5 0.7 0.7 0.7 0.8 0.7 -0 .2 -0 .1 -0 .0 0.0 0.6 -0 .7 1. 1 4.6 2.1 0.0 0.6 0.1 -0 .4 6 .5 3. 4 1.5 1.9 4 .6 1.6 -3 .5 -2 .7 -4 .3 -3 .6 4.1 -1 2 .7 17.2 -7 .1 -1 .1 -2 0 .3 20.1 -0 .2 2 6 .9 7.0 2.9 1.1 6.0 8 .2 -0 .2 -1 .0 -3 .9 3.0 1 0.5 1 0 .4 7.6 YEAR TOTAL REAL ESTATE MACHINERY ANO LIVESTOCK MOTOR STORED CROPS FINANCIAL BANK DEPOSITS CURRENCY DEMAND TIME U.S. INVESTMENTS IN SAVINGS BONDS COOPERATIVES M f t l K L E S ______________________________ -0 .2 0 .2 0.4 0 .4 -0 .3 0 .8 0.2 1.4 0 .9 0.3 0 .1 1 .6 0.5 0.7 -0 .4 0.0 -0 .1 1 .0 0.1 1.1 _______ L -O.i 6 .1 1 5 .7 1 1 19.9 1 17.5 1 2 0 .0 1 15.1 1 -7 .7 1 -1 3 .9 2 .9 1 1. 4 1 1 I 1 -7 .6 1 -1 .4 3 .5 1 2 .6 I 2 .5 1 3 .8 1 1 -3 .6 1 -0 .2 2 .1 1 1 -6 .4 a 1 -1 .1 i 0.3 j 0.7 i -0 .2 i 1 .9 i -1 .4 i -0 .6 i 2 .7 i 1.2 i -2 .2 i a 1 i -1 .1 3 .2 i i -2 .2 -8 .7 i -5 .1 i i -1 .9 -0 .9 i i -0 .8 i -5 .2 I -5 .3 7 .3 21 .5 2 4 .2 17 .7 20.0 13 .1 -1 2 .7 -2 0 .9 -0 .5 -6 .0 6 .5 9 .7 27.6 9 .9 12.8 16.3 -2 .3 -1 3.5 -2 .7 -3 .2 0 .8 -7 .9 -6 .6 -1 .8 6 .8 1 3.2 -4 .7 -1 7 .3 2 .7 2 .7 3 7. 9 2 7.6 94.4 75.7 4 7 .7 18.6 -1 2 .4 -1 1 .0 7.9 5 .5 2.6 -5 .0 -2 .9 -1 .7 3.5 9.1 -3 .7 -4 .6 12.6 1 2. 5 -1 4.1 -1 .1 -2 .5 -2 .0 - 1 .0 1 .2 -1 3 .0 -0 .9 -4 .0 - 6 .4 -5 .6 -1 .0 2 .4 -0 .1 -1 .6 1.3 -2 .6 -5 .7 5.1 -1 2.5 -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 -1 1 .0 1 .0 3.9 12 .3 6 .1 6.3 7 .5 3 .4 3.8 5.0 6 .3 -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 -4 .4 -0 .9 -5 .8 -1 5 .6 -1 4 .8 - 9 .7 -7 .8 -7 .7 -1 1 .2 -8 .6 -4 .1 -1 .1 -5 .7 -1 1 .8 -1 0.8 -5 .1 -3 .1 -2 .6 -8 .7 -7 .3 1.2 5 .9 -1 .6 -7 .1 -5 .5 -1 .8 -0 .7 -2 .4 -7 .8 -7 .5 -9 .8 -0 .9 -2 .0 -1 1 .5 -6 .1 -5 .7 -5 .5 -4 .2 -3 .2 -7 .1 4 .6 6.5 -0 .1 -5 .6 0 .2 2.1 2.3 2 .8 -2 .3 -2 .6 TABLE 522.4 45 ASSETS OF THE FARMING SECTOR, JANUARY 1 IN 1967 PRICES PERCENTAGE OF TOTAL FINANCIAL PHYSICAL YEAR TOTAL 1 TOTAL REAL ESTATE MACHINERY LIVESTOCK AND MOTOR VEHICLES HOUSEHOLD STOREO EQUIPMENT I TOTAL AND CROPS FURNISHINGS BANK DEPOSITS CURRENCY DEMAND TIME INVESTMENTS U.S. IN SAVINGS BONOS COOPERATIVES 1 94 0... 1 9 4 1... 1 9 4 2... 1 9 4 3... 1 944... 1 94 5... 1946. . . 194 7... 1 9 4 8... 1 9 4 9... 10 0. 0 10 0.0 10 0.0 100.0 10 0.0 1 00 .0 10 0.0 10 0. 0 100.0 10 0.0 1 | | | | | I | | | 9 4 .2 9 3 .9 9 3 .7 9 2.6 9 1. 4 89.9 88.5 89.4 90 .8 90.9 7 5.6 7 4. 9 7 4.0 7 2.7 72.1 7 1.2 70.2 7 0. 7 7 1.7 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 8.0 8.2 7.7 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 3.8 3 .9 3 .8 3 .5 3.3 3 .2 3 .3 3 .5 3.7 3 .8 ! 1 I 1 1 I I I I 1 5 .8 6.1 6 .3 7 .4 8. 6 10.1 11.5 10.6 9 .2 9. 1 1 .0 l .1 1 .3 1 .5 1 .8 2. 1 2 .3 2 .0 1 .6 1 .6 1.7 1 .8 2 .0 2.4 2 .7 2.9 3 .4 3 .3 2 .9 2. 7 1.6 1.6 1.5 1.3 1.3 1 .4 1.5 1.5 1.2 1.2 0 .3 0 .5 0.6 1.1 1 .9 2 .7 3. 2 2 .8 2 .5 2 .6 1.1 1.1 1.1 1.0 1.0 1.0 1.1 1.0 1.0 1.1 1 9 5 0 .. . 1 95 1... 1 95 2... 1 95 3... 1 95 4... 1 95 5... 1 95 6... 1 95 7... 1 95 8... 1 95 9... 1 00 .0 10 0 .0 10 0 .0 10 0.0 10 0.0 10 0 .0 10 0.0 1 00 .0 100.0 1 00 .0 1 | l | J | ( | ] | 9 1 .2 91 .9 9 2 .2 9 2. 0 92.0 91 .9 9 1. 7 91.9 9 2. 0 9 1.9 6 9 .9 6 9 .7 6 9. 3 6 9 .0 68.5 68.2 6 8 .0 6 8. 9 69.1 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. 4 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 .7 3.7 3 .6 3 .5 3 .6 3 .8 3 .6 3 .6 3 .5 1 j i | 1 | 1 | 1 I 8 .8 8.1 7 .8 8 .0 8 .0 6.1 8 .3 8. 1 8 .0 8.1 1 .4 1 .2 1 .2 1.1 1 .1 1 .0 1 .0 0 .9 0 .9 0 .9 2 .5 2. 3 2. 3 2. 3 2 .2 2 .2 2. 2 2.1 2.0 2.1 1.2 1.1 1.0 1.1 1.1 1.2 1.2 1.2 1.3 1.3 2 .6 2.4 2 .2 2 .2 2 .2 2 .3 2.4 2 .3 2 .2 2 .2 1.1 1.1 1.2 1.3 1.3 1 .4 1.5 1.6 1.6 1 .7 1960... 1 96 1... 1 96 2... 1 96 3... 1 96 4... 1 965... 1 966... 1 96 7... 1 968... 1 9 6 9... 1 00 .0 10 0.0 10 0.0 100.0 10 0. 0 10 0. 0 10 0.0 10 0.0 100.0 10 0.0 i 1 t i i f I i | | 9 2. 4 9 2.5 9 2 .5 92 .4 92.5 9 2 .3 9 2.5 9 2.6 92 .5 9 2. 4 69.1 6 9 .4 6 9.2 6 9. 0 6 8 .8 69 .2 68. 8 6 9. 0 68. 1 6 7 .7 9 .7 9.6 9 .4 9.4 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. 2 3.3 3 .3 3.3 3.1 3.1 3. 0 3 .1 3.1 | 1 1 | 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 0 .8 0 .8 0.8 0 .8 0 .7 0 .7 0.7 0 .7 0 .7 0 .7 1.8 1.7 1.7 1.6 1.6 1.6 1.5 1.5 1.5 1 .5 1.2 1.2 1.2 1.3 1. 4 1.5 1.5 1.6 1.7 1.8 2 .0 1 .9 1 .9 1. 8 1 .7 1.7 1 .5 1 .4 1.3 1 .3 1.8 1.9 2.0 2.1 2.1 2 .2 2 .2 2. 3 2 .3 2 .3 1 97 0... 1 97 1... 1 97 2... 1 97 3... 1974... 1975... 1 976... 1 97 7... 1 978... 1979... 1 00 .0 10 0.0 100.0 100.0 1 00 .0 10 0.0 10 0.0 1 00 .0 100.0 10 0.0 | | i 1 i i | I 1 i 9 2.6 92 .7 9 2 .6 9 2.8 93.5 9 3.8 93 .9 9 3.9 94.0 9 4 .4 6 7. 9 6 8.3 6 7.6 6 7 .8 6 7. 9 6 8. 6 68.5 68 .5 6 7.8 6 7 .7 10.2 10.2 10 .0 10.1 10.5 10.7 10.7 10.8 10.7 10.6 7.0 7.2 7.2 7. 3 7.6 7.7 7.4 7.2 6.8 6. 6 4 .5 3.9 4 .6 4 .2 4.1 3. 3 4 .0 4 .0 5.0 5 .3 3 .1 3 .1 3 .2 3 .5 3 .5 3.4 3.3 3.4 3.7 4. 1 1 | 1 1 { I t i I j 7.4 7 .3 7.4 7 .2 6.5 6 .2 6 .1 6 .1 6.0 5 .6 0.6 0 .6 0 .6 0.6 0.5 0 .4 0 .4 0 .3 0 .3 0 .3 1 .4 1.4 1.3 1.2 1.1 1.0 0. 9 0.9 0.9 0.8 1.8 1.8 1.9 1.8 1.7 1.6 1.6 1.6 1.5 1. 4 1.2 1.1 l.l 1.0 0.9 0 .9 0.8 0.8 0 .7 0.7 2. 3 2.4 2 .5 2 .5 2.4 2 .4 2.4 2 .5 2 .5 2 .5 1980... 1 00 .0 j 94 .7 6 6. 9 11.2 6 .8 5 .4 4.4 1 5 .3 0 .2 0.7 1.3 0.6 2 .4 NOTE THAT PERCENTAGE DISTRIBUTIONS OF DATA IN CONSTANT PRICES ARE AFFECTED BY THE BASE YEAR USED ( I N T H IS TABLE , 1 9 6 7 ). FOR EXAMPLE, I F SOME OTHER YEAR WERE USED AS THE BASE, THE D IS TR IB U TIO N IN1 THAT YEAR WOULD BE IDENTICAL TO THE ONE SHOWN FOR THAT YEAR IN TABLE 5 2 1 .4 . THIS WARNING APPLIES TO PERCENTAGE DI ST RIBUTIONS IN CONSTANT PRICES BUT NOT TO THOSE IN CONSTANT DOLLARS, AS THESE TERMS ARE USED IN TH IS VOLUME. (SEE THE NOTE ON PAGE 2 9 . ) 46 TABLE 531.1 IM P L IC IT PRICE DEFLATORS FOR ASSETS OF THE FARMING SECTOR, JANUARY 1 INDEX, 1967=100 1 9 4 0 .... 1941 . . . . 1 9 4 2 .... 1 9 4 3 .... 1 9 4 4 .... 1 9 4 5 .... 1 9 4 6 .... 1 94 7 .... 1 9 4 8 .... 1 9 4 9 .... 1 I I 1 1 .1 .1 .1 .i .1 .1 .1 .1 .1 .1 1 9 5 0 .... 1 9 5 1 .... 1 9 5 2 .... 1 95 3 .... 1954-------1 9 5 5 .... 1 9 5 6 .... 1 9 5 7 .... 1 9 5 8 .... 1 9 5 9 .... .1 .1 .1 .1 .1 .1 .1 .1 .1 .1 1960. . . . 1 9 6 1 .... 1 9 6 2 .... 1 96 3.... 1 9 6 4 .... 1 9 6 5 .... 1 9 6 6 .... 1 9 6 7 .... 1 9 6 8 .... 1 9 6 9 .... .1 .1 .1 .| .1 .1 .1 .1 .1 .! 1 .1 .1 .1 .1 .1 .1 .1 .1 .1 .1 I .1 YEAR 1 9 7 0 .... 1 9 7 1 .... 1 9 7 2 .... 1973. . . . 1974____ 1 9 7 5 .... 1 9 7 6 .... 1 9 7 7 .... 1 9 7 8 .... 1 9 7 9 .... 1980. . . . MACHINERY AND MOTOR VEHICLES LIVESTOCK STORED CRGPS HOUSEHOLD EQUIPMENT FINANC: AND FURNISHINGS__ TOTAL ASSETS HEAL ESTATE 2 5. 7 26.1 2 9.5 33.8 3 8 .0 4 1. 7 45.3 5 0. 9 56.1 57.3 21.5 2 1 .9 2 3. 8 2 6 .3 30 .3 3 3. 7 3 8. 3 4 2 .5 45.3 4 6.5 3 3 .6 34.5 37.3 4 8 .4 5 7. 8 68.1 53.5 4 8 .6 5 4.7 6 0. 5 3 4. 4 35.1 4 4 .0 5 5.6 5 3.3 5 2 .4 5 8. 4 7 4. 6 8 7. 0 9 5.4 4 1 .5 4 1. 3 5 4 .8 6 2 .5 7 8 .8 8 2. 0 8 4. 0 9 4. 2 14 0.6 101.1 53.1 50.8 59.2 6 2. 6 6 4.7 7 2.4 75.1 89 .7 96 .9 100.6 3 6 .0 3 7 .0 4 2 .0 4 7. 0 5 2 .0 55.0 5 7 .0 6 6 .0 7 7. 0 7 5. 0 54.8 6 2. 0 6 7.3 6 5 .3 6 3 .0 63.8 6 4 .9 6 8. 6 71.5 76.8 4 5. 2 5 1.6 5 6.2 56.5 55.1 56 .6 5 9. 0 63.0 6 5 .9 7 0 .4 6 1. 8 6 3 .7 6 9. 0 7 0.0 7 0.3 70.1 7 2. 5 7 7. 5 7 8. 8 84.9 84 .2 107.1 116.2 8 5. 5 6 8. 2 64. 1 6 0.7 6 3. 0 8 3.3 102.7 9 2.1 101.2 117.2 114.1 104.2 106.5 9 2 .4 9 6.1 7 9 .4 84 ,3 9 4.0 102.9 106.5 103.9 103.8 101.2 99.3 100.0 100.8 9 9. 5 7 3 .0 8 0. 0 8 4 .0 8 2. 0 8 1 .0 8 1 .0 8 0 .0 8 3 .0 8 5 .0 8 7 .0 77 .7 78.2 81.1 8 3 .9 86.5 89.8 9 5. 3 100.0 103.6 107.9 7 3 .4 7 4. 0 7 7 .3 8 0. 3 8 4 .6 8 9. 2 9 5 .2 100.0 10 5.4 110.2 86. 5 8 6.0 8 8. 6 9 2.4 9 3. 6 9 5. 5 97.6 10 0.0 104.5 109.2 86.2 89.2 9 1. 7 9 3 .4 8 3.7 7 6. 7 9 3. 7 100.0 9 8 .7 104.7 79.5 7 7. 5 8 2.3 8 5 .4 8 8. 6 9 6 .9 8 8. 9 10 0.0 8 4.6 8 3.8 100.1 99.8 99.2 98.6 98.8 98.2 97 .8 100.0 102.1 106.7 88.0 8 8. 0 8 9 .0 9 1 .0 9 2 .0 9 3. 0 9 7. 0 100.0 101.0 104.0 11 1. 9 115.7 12 2.9 137.3 165.3 179.5 201.2 2 27 .7 2 45 .0 28 1 .5 11 3.0 116.1 12 3.8 137.2 166.9 18 6.4 211.2 245.2 26 6.6 3 04 .0 112.8 119.3 12 8.0 135.8 146.2 180.4 210.3 231.1 2 49 .4 27 2.0 120.1 117.3 133.0 163.0 193.8 110.7 137.6 139.5 160.3 266.8 8 5.7 9 6.1 9 0.8 119.6 184.0 24 3. 6 185.7 192.1 171.2 176.3 110.6 113.8 116.2 118.2 122.3 141.1 148.7 146.1 151.4 159.9 110.0 117.0 121.0 134.0 158.0 175.0 189.0 198.0 209.0 23 4.0 32 2. 5 353.1 29 3. 9 3 20 .0 19 0.6 170.5 2 60 .4 THE IM P L I C I T PRICE DEFLATOR FOR EACH ASSET IS A PRICE INDEX OBTAINED BY DIVIDIN G CURRENT-DOLLAR AMOUNTS (TABLE 5 2 1 . 1 ) BY AMOUNTS IN 1967 PRICES (TABLE 5 2 2 . 1 ) , AND THEN MULTIPLYING THESE QUOTIENTS BY 100. FOR FINANCIAL ASSETS, THE PRICE DEFLATOR USED BY THE USDA IS THE JANUARY INDEX OF PRICES PAID BY FARMERS FOR COMMODITIES, SERVICES, IN TEREST, TAXES, AND WAGE RATES (P ARITY IN DE X). TABLE 531.? 47 IM P L IC IT PRICE DEFLATORS FOR ASSETS OF THE FARMING SECTOR PERCENTAGE CHANGE DURING YEAR 1 9 5 0 .... | 1 95 1.... | 1 95 2.... | 1 9 5 3 .... | 1954...........1 1955...........1 1956.......... ,| 1957...........1 1958...........1 1959.......... .] i 1 1960.......... .1 19*1.......... ,\ 1962.......... ,| 1963.......... .1 1964.......... ,J 1965.......... ,| 1966.......... 1 1967.......... I 1968.......... .1 1969.......... 1 1 1970.......... ,| 1971.......... 1 1972.......... 1 1973.......... .1 1974.......... ,| 1975...........1 1976.......... .1 1977.......... .1 1978.......... .1 1979.......... >i i MACHINERY AND MOTOR VEHICLES LIVESTOCK STORED CROPS HOUSEHOLD EdUIPMENT FINANCIAL AND FURNISHINGS TOTAL ASSETS REAL ESTATE 1.8 13.0 14.5 12.6 9.7 8.5 12.4 10.3 2. 0 -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 2 9.9 19.5 17.8 -2 1 .4 -9 .2 12.5 10.6 2. 1 1.9 2 5.2 2 6. 4 -4 .2 -1 .6 11.5 27 .6 16.6 9 .7 -1 1 .7 -0 .4 3 2 .6 14.0 26.1 4.1 2 .5 12.1 4 9. 3 -2 8.1 -8 .9 -4 .3 16.5 5 .8 3 .4 11.8 3.8 19.5 8 .0 3 .9 -6 .6 2 .8 13.5 1 1-9 1 0.6 5.8 3.6 1 5. 8 16.7 -2 .6 -2 .7 13.1 8 .6 -3 .0 -3 .5 1.2 1.8 5. 7 4 .2 7 .4 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 -2 6 .4 -2 0 .2 -6 .1 -5 .3 7 .1 28.2 23.2 -1 6 .0 9.9 15.8 -2 .7 -8 .7 2 .2 -1 3 .2 4.0 -1 7 .4 6 .2 -5 .6 9.6 3 .4 -2 .4 -0 .1 -2 .5 -1 .9 0. 7 0. 8 -1 .3 0.6 9.6 5.0 -2 .4 -1 .2 -0 .0 -1 .2 3.8 2.4 2.4 1. 2 0 .6 3 .8 3 .4 3.1 3 .7 6.1 5 .0 3.6 4. 2 3 .7 0.9 4 .4 3 .8 5.4 5.5 6 .7 5. 1 5 .4 4.5 2.5 -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 -1 0 .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 1 2. 4 -1 5 .4 -0 .9 2.3 -0 .3 -Q .6 -0 .6 0 .2 -0 .6 -0 .4 2.3 2.1 4 .4 3 .7 o 0 1 1 I | 1 1 1940.......... I 1941.......... 1 1 94 2.... I 1 94 3 .... ] 1 9 4 4 .... 1 1945-------- I 1 9 4 6 .... I 1 94 7.... I 1 94 8.... 1 1 94 9.... j YEAR 3 .4 6 .2 11.7 2 0. 4 8. 6 12.1 13.2 7.6 14.9 14.6 2.7 6.7 10.8 2 1. 6 11 .7 13.3 16.1 8 .7 14 .0 1 6. 2 5 .8 7 .2 6.1 7 .6 2 3 .4 1 6 .6 9.9 8 .0 9.1 3 .0 -2 .3 13.4 2 2 .6 1 8.9 -4 2 .9 2 4. 3 1 ,3 1 5.0 6 6 .4 19.9 12.1 -5 .5 3 1 .7 5 3. 9 32.4 -2 3 .8 3 .5 -1 0 .9 3.0 8 .1 2 .9 2.1 1.7 3 .4 15 .4 5 .4 -1 .8 3 .7 5.6 6 .7 6 .4 3.4 1 0 .7 1 7.9 1 0.8 8 .0 4.8 5 .6 1 2. 0 11 .3 1. 1 2 .2 1 .1 1.1 4 .3 3 .1 1 .0 3.0 5 .8 FOR FINANCIAL ASSETS, THE PRICE DEFLATOR USED BY THE USDA IS THE JANUARY INDEX OF PRICES PAID BY FARMERS FOR COMMODITIES, SERVICES, INTE RES T, TAXES, AND WAGE RATES (P AR IT Y IN D E X ). TABLE 541.1 1 | 1 YEAR | 1 1 CHANGES IN ASSETS. L I A B I L I T I E S , AND NET WORTH CURRENT DOLLARS AMOUNTS IN MILLIONS OF DOLLARS 1 1 | | 1 MONETARY ASSETS ANO L I A B I L I T I E S PHYSICAL ASSETS 1 NET WORTH TOTAL REAL ESTATE MACHINERY AND MOTOR LIVESTOCK VEHICLES HOUSEHOLD | 1 EQUIPMENT | NET | STORED AND | MONET ARY| CROPS FURNISHINGSI ASSETS 1 TOTAL FINANCIAL ASSETS CURRENCY AND BANK U.S. SAVINGS | DEBT 1 INCLUDING INVESTMENTS! CCC IN | LOANS Jl££fl£lIS__ _____ COOPERATIVES I 194 0... 194 1... 1 94 2... 194 3... 194 4... 1 94 5... 1 94 6... 1 9 4 7... 194 8... 1 94 9... 1296. 8166. 11263. 11382. 10314. 9582. 12500. 10655. 5125. -1183. 1340. 7225. 8764. 8079. 7135. 6727. 11980. 11411. 7218. 105. 764. 3147. 4057. 65 96 . 5684. 7162. 7417. 5201. 2959. 977. 194. 734. 960. 491. 1035. -1 0 8 6 . -50. 2028. 2702. 2098. 192. 1748. 2570. 41. -6 73. 706. 2199. 1341. 1169. -1532. 297. 886. 1232. 1000. 602. -409. 806. 1941. -459 . -971 . -107. 710. -5 5 . -4 9 . 487. 354. 1608. 900. 847. -4 6 7 . 1 i 1 1 1 1 1 1 1 1 1 1 -4 4 . 941. 2499. 3303. 3179. 2855. 520. -7 56 . -2093. -1 28 8. 391 . 9 39 . 1931. 2274. 2652. 2416. 1028. 69. 39 . -2 04 . 242. 712. 1249. 1134. 1330. 1484. 809. -2 6 8 . -3 49 . -505. 104. 158. 6 01 . 1050. 1217. 773. 6 0. 163. 22 2. 123. 45. 6 9. 81. 90. 105. 159. 159. 174. 166. 178. 435. -2 . -5 6 8 . -1 02 9. -5 2 7 . -4 39 . 508. 825. 2132. 1084. 1 95 0... 195 1... 195 2... 195 3... 195 4... 1 9 5 5 ... 1 95 6... 1 95 7... 1 9 5 8... 1 9 5 9... 19163. 14203. -3 956. -3875. 3510. 3717. 8559. 743 5. 13902. 658. 19567. 15230. -2 677. -3 26 3. 3819. 4411. 9102. 8100. 16322. 2805. 11923. 8929. 1599. -1397. 3562. 5287. 8163. 6088. 9300. 6107. 1965. 2543. 721. 1042. 158. 744. 901. -9 5. 1690. 910. 4206. 2427. -4746. -3 0 3 6 . -5 35 . -582 . 369. 2866. 3798. -2407. 316. 866. 258. 140. 475. -1306. -4 . -7 18 . 1719. -1 6 0 0 . 1157. 465. -5 09 . -1 2. 159. ♦268. -3 27 . -3 5 . -1 8 5 . -2 0 5 . i 1 1 1 1 1 ! 1 ! 1 1 -* 04 . 192. -1 02 7. 5 66 . -1 279. 178. -6 12. 222 . -3 09 . 41 7. -6 9 4 . 438. -5 43 . 10. -6 65 . 401. -2 42 0. 818. -2 14 7. -1 0 2 1 . 6. 339. 14. -10. 0. 51. -1 19 . 129. 480. -7 9 9 . -3 4. 21. -7 5 . 100. 237. 199. -1 05 . 53. 65 . -5 18 . 220. 206. 239. 132. 180. 188. 234. 219. 273. 296. 596. 1593. 1457. 834. 726. 1132. 553. 1066. 3238. 1126. 1 96 0... 1 961... 1 96 2... 1 96 3... 1 96 4... 1 9 6 5 ... 1 9 6 6... 1 96 7... 1 96 8... 1 96 9... -7 27 . 6188. 5413. 5086. 5638. 13145. 10078. 10342. 11764. 9536. 879. 8223. 78 04. 7928. 7485. 16448. 12964. 12940. 13934. 11351. 1305. 608 2. 5633. 8376. 8945. 11709. 9893. 10596. 9490. 6593. -5 40 . 311. 938. 481. 891. 1179. 1438. 2365. 1463. 1028. 359. 821. 879. -1 4 3 9 . -1374. 3091. 1388. -1 42. 1417. 3232. 261. 776. 517. 524. -609 . 500. 298. -3 8 5 . 992. 310. -5 0 6 . 233. -1 63 . -1 4 . -3 68. -31. -53. 506. 572. 188. -1 60 6. -2 03 5. -2 39 1. -2842. -1 847. -3 30 3. -2 8 8 6 . -2 598. -2 1 7 0 . -1 815. -2 02 . 2 52 . 530. 158. 569. 551 . 48 5. 77 0. 88 9. 757 . -4 4 6 . 92. 352. 59. 354. 417. 323. 581. 583. 408. -3 8 . -1 62 . -3 9 . -1 95 . -2 3 . -1 52 . -132. -1 3 5 . -3 4 . -1 3. 2 82 . 32 2. 2 17 . 294. 238. 28 6. 29 4. 32 4. 340 . 3 62 . 1404. 2287. 2921. 3000. 2416. 3854. 3371. 3368. 3059. 2572. 1 97 0... 1 9 7 1... 1 97 2... 1 9 7 3 ... 1 97 4... 1 97 5... 1 9 7 6 ... 1 9 7 7... 197 8... 1 97 9... 9594. 21201. 36810. 74942. 31257. 53740. 63645. 40634. 88988. 109458. 9854. 24210. 40 918. 81608. 37409. 6085 9. 74190. 55646. 104959. 127783. 7397. 16434. 27719. 60 417. 40705. 48484. 66907. 41974. 73717. 96463. 2073. 2240. 2670. 4941. 11519. 9263. 6851. 5802. 6671. 12671. 227. 3560. 6802. 8303. -1 7 7 9 1 . 4902. -4 30 . 2899. 19304. 12744. -2 33 . 1148. 2644. 7562. 1232. -1 9 6 9 . 693. 2878. 2544. 308C. 390. 828. 1083. 385. 1744. 179. 169. 2093. 2723. 2825. -2 6 0 . -3 009. -4 10 8. -6666. -6 15 2. -7119. -10545. -15012. -15971. -18325. 1197. 162 1. 2123. 2126. 1544. 1881. 12 55. 162 8. 2 22 8. 20 6 5. 543. 717. 873. 853. 183. 560. 350. 360. 405. 465. -1 52 . 88. 315. 175. 165. 31. -4 7 . 50. 37 0. 21 5. 8 06 . 8 16 . 9 35 . 1098. 1196. 1240. 952. 1218. 1453. 1385. 1457. 4630. 6231. 8792. 7696. 9000. 11800. 16640. 18199. 20390. 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 _L T H IS TABLE PRESENTS DATA FROM TABLES 51 1 .2 AND 521.2 IN THE FORMAT USED IN THE NEXT THREE TABLES OF T H IS SECTION. THE CHANGES SHOWN MAY BE DISAGGREGATED INTO IM P L IC IT NET INVESTMENT AND INTER-SECTOR TRANSFERS (TAB LE 5 4 2 . 1 ) AND NOMINAL CAPITAL GAINS (TABLE 5 4 3 . 1 ) . TABLE 542 49 IM P LI CI T NET INVESTMENT AND INTER-SECTOR TRANSFERS CURRENT DOLLARS AMOUNTS IN MILLIONS OF DOLLARS PHYSICAL ASSETS YEAR NET EQUITY IN V E S T MENT , | | | | TOTAL REAL ESTATE MACHINERY AND MOTOR LIVESTOCK VEHICLES MONETARY ASSETS AND L I A B I L I T I E S HOUSEHOLD STORED EQUIPMENT CROPS AND FURNISHINGS 1 I 1 NET 1 I MONETARY! 1 ASSETS | TOTAL l I l FINANCIAL ASSETS CURRENCY AND BANK DEPOSITS | DEBT 1INCLUDING L'. S. INVESTMENTS! CCC SAVINGS IN | LOANS BONDS__ COOPERATIVES! 1 94 0... 194 1... 1 94 2... 1 94 3... 1 94 4... 1 945... 1946... 1947... 1948... 1949... 693. 1881. 3423. 3016. 3226. 2341. 1726. -327 . 3515. 3828. I | I | I | 1 | 1 j 737. 940. 924. -287. 47. -514. 1206. 429. 5608. 5116. 152. 160. 176. 198. 226. -1 27 . 640. 716. 888. 3173. 110. 455. -2 06 . -4 35 . 62. 341. 465. 1284. 1826. 1864. 93 . 363. 629. 451. -5 22 . -3 15 . -430. -595 . -1 09 . 172. 308. -7 1. 651. -294 . 348. -569. 46. -1 2 9 5 . 2477. -218. 74. 32. -3 26. -206. -6 6 . 155. 485. 318. 525. 125. 1 1 I 1 I 1 I 1 i 1 -4 4. 941. 2499. 3303. 3179. 2855. 520. -7 56 . -2093. -1288. 39 1. 939. 1931. 2274. 2652. 2416. 1028. 69 . 39 . -2 04. 242. 712. 1249. 1134. 1330. 1484. 809. -2 68 . -349. -505. 104. 158. 6 01 . 1050. 1217. 773. 60. 163. 222. 123. 45 . 6 9. 81. 90 . 105. 159. 159. 174. 166. 178. 435. -2 . -5 68 . -1029. - 5 27. -439. 508. 825. 2132. 1084. 1 950... 1 95 1... 1 95 2... 1 9 5 3... 1954... 1 9 5 5... 1 9 5 6... 1 95 7... 195 8... 1 95 9... 2717. 1829. 96 2. 2301. 1702. 713. -1 16 5. 208. 191. -1931. | | 1 | 1 | | | | 1 3121. 2856. 2241. 2913. 2011. 1407. -6 22. 873. 2611. 216. 1012. 804. 1074. 1038. 943. 857. 888. 839. 814. 615. 1568. 1328. 465. 963. 207. 122. -413. - 4 4 8. 120. 504. 622. 941. 481 . -5 1. 182 . 9. -3 6 9 . -2 16 . 525. 462. -415. -3 5 4 . 497. 965. 273. -3 7. -331. 812. 1214. -1 1 0 5 . 334. 136. -2 76 . -1 . 406. 456. -3 97 . -113 . -6 0 . -260. | ! I | 1 | 1 I 1 I -4 0 4 . 192. -1027. 566. -1279. 178. -612. 222. -3 09. 41 7. -694. 43 8. -5 43 . 10. 40 1. -6 65 . -2420. 818. -2147. -1 0 2 1 . 6. 339. 14. -10. 0. 51. -119. 129. 480. -7 99 . -34. 21. -7 5. 100. 237 . 199. -1 05 . 53. 65. -5 18 . 220. 206. 239. 132. 180. 188. 234. 219. 273. 296. 596. 1593. 1457. 834. 726. 1132. 553. 1066. 3238. 1126. 1 96 0... 1961... 1962... 196 3... 1 96 4... 1 9 6 5... 1 96 6... 1 96 7... 1 96 8... 1 96 9... -2082. -1 54 1. -1 64 2. -1 80 2. -3 00 2. -1 04 3. -2 20 0. 504. -5 6. -391. 1 | | | 1 | | | | | -4 7 6 . 494 . 749. 1040. -1 15 5. 2260. 686. 3102. 2114. 1424. 116. -70. 121. 325. 291. 424. 785. 301. 456. 1276. -409. -3 66. -2 3 . 190. 383. 632. 796. 1101. 138. -6 . -162 . 370. 576. 383. -5 0. -118. 206. 110. 256. 245. 459. 273. 183. 174. -1463. 1317. -860 . 1263. 1088. 64. -4 81. 288. -1 09. -3 3. -316. 6. -241. 326. 176. -1 34 . 1 | I 1 1 | I 1 1 1 -1606. -2035. -2391. -2842. -1 84 7. -3303. -2886. -2 59 8. -2170. -1 81 5. -2 02 . 252 . 530. 158. 569. 551. 485. 77C. 889. 75 7. -446. 92. 352. 59. 354. 417. 323. 581. 583. 408. -38. -1 62. -3 9. -1 95. -2 3 . -1 52 . -1 32. -1 35. -3 4 . -1 3. 282. 3 22 . 217 . 294 . 238 . 286. 294. 324. 340. 362. 1404. 2287. 2921. 3000. 2416. 3854. 3371. 3368. 3059. 2572. 1 97 0... 1 971... 197 2... 197 3... 1 97 4... 1 97 5... 1 97 6... 1 9 7 7... 1 97 8... 197 9... 868. 1017. -1 52 3. -9 37 . -7 53 4. -5 140. -1 0 8 1 0 . -9 37 7. -1 4 3 3 0 . -8 35 9. 1 | | | 1 | 1 | | | 1128. 4026. 2585. 5729. -1382. 1979. -2 6 5 . 5635. 1641. 9966. 1522. 1500. 1674. 2360. 2365. -6 2 8 . -2 46 . -2 38 . 14. -3 4 5 . 187. -2 4 1 . 415 . 1875. 1060. 12. 417. 84. -3 5 5 . 5666. 780. 370. 580. 1713. 519. -9 69 . -8 15 . -1352. -1540. 2321. -1 4 6 8 . 1786. -9 74 . -199 . -5 1 8 9 . 4122. -4 3. 5600. 1767. 826. 108. 61 0. 889. -2 0 . -1 37 . -5 58 . 423. 1541. 1754. 1498. I | I | I I I I 1 I -2 60 . -3009. -4108. -6666. -6 15 2. -7119. -1 0 5 4 5 . -15012. -15971. -18325. 1197. 162 1. 2123. 2126. 1544. 1881. 1255. 1628. 2228. 2065. 543. 717. 873. 853. 183. 560. 350. 360. 405. 46 5. -1 5 2 . 88. 315. 175. 165. 81. -4 7 . 50. 370. 215. 806. 816. 935 . 1098. 1196. 1240. 952. 1218. 1453. 1385. 1457. 4630. 6231. 8792. 7696. 9000. 11800. 16640. 18199. 20390. FOR PHYSICAL ASSETS* " I M P L I C I T NET INVESTMENT AND INTER--SECTOR TRANSFERS ( I N T O THE FARMING SECTOR)" IS ESTIMATED AS THE ANNUAL CHANGE N REAL QUANTITIES EXPRESSED IN 1967 PRICES (TABLE 522.2 ) MULTIPLIED BY THE AVERAGE OF THE I M P L IC IT PRICE DEFLATORS FOR FOR MONETARY ASSETS AND L I A B I L I T I E S , , "NET INVESTMENT THE BEG NNING AND END OF THE YEAR (TABLE 53 1.1 * JANUARY 1, 1967 = 1 . 0 0 ) . AND INTER-SECTOR TRANSFERS U N T O THE FARMING SECTOR)** IS THE ANNUAL CHANGE IN CURRENT DOLLARS (TAB LE 5 4 1 . 1 ) . 50 TABLE 543.1 IM P L IC IT NOMINAL CAPITAL GAINS CURRENT DOLLARS AMOUNTS IN MILLIONS OF DOLLARS YEAR 1 TOTAL TOTAL REAL ESTATE PHYSICAL ASSETS | MONETARY ASSETS AND L I A B I L I T I E S __________________________________________________ I ________________________________________________________________________ MACHINERY HOUSEHOLD | | FINANCIAL ASSETS | DEBT NET | STORED EQUIPMENT | AND 1 INCLUDING CURRENCY MOTOR LIVESTOCK CROPS AND l MONETARY! u.s. INVESTMENTS! CCC AND 8ANK SAVINGS VEHICLES FURNISHINGSI ASSETS j TOTAL IN i LOANS DEPOSITS BONDS COOPERATIVES! 1 1 9* 0... 194 1... 1 94 2... 1 94 3... 1 94 4... 194 5... 1 94 6... 1 94 7... 1948... 1 94 9... 1 I 1 1 1 1 i I 1 1 603. 6285. 7840. 8366. 7088. 7241. 10774. 10982. 1610. -5011. 603. 6285. 7840. 8366. 7088. 7241. 10774. 10982. 1610. -5011. 612 . 2987. 3881. 63 98 . 5458. 7289. 677 7. 4485. 2071. -2 19 6. 84. 279. 1166. 926. 973. -1427. -515. 744. 876. 234. 99. 1385. 1941. -4 10. -1 5 1 . 1021. 2629. 1936. 1278. -1704. -1 1. 957. 581. 1294. 254. 160. 760. 3236. -2936. -753. -1 81 . 678. 271. 157. 553. 199. 1123. 582. 322. -592. 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. 1 95 0... 195 1... 1 9 5 2... 195 3... 1 9 5 4... 1 9 5 5... 1 95 6... 1 9 5 7... 195 8... 195 9... 1 I 1 I 1 1 ! 1 1 1 16446. 12374. -4918. -6 1 7 6 . 1808. 3004. 9724. 7227. 13711. 2589. 16446. 12374. -4918. -6 1 7 6 . 1808. 3004. 9724. 7227. 13711. 2589. 10911. 8125. 525. -2 43 5. 2619. 4430. 7275. 5249. 8486. 5492. 397. 1215. 256. 79. -4 9 . 622. 1314. 353. 1570. 406. 3584. 1486. -5227. -2985. -7 17 . -5 91. 738. 3076. 3273. -2869. 731. 1220. -239. -825 . 202. -1269. 327. -1530. 505. -495. 823. 329. -233. -11. -247 . -1 88 . 70. 78. -1 25 . 55. 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. 1 96 0... 1 96 1... 1 96 2... 1 9 6 3 ... 196 4... 1 96 5... 1 9 6 6... 1 96 7... 1 96 8... 1 96 9... 1 1 1 1 1 1 1 1 1 J 1355. 7729. 7055. 6888. 8640. 14188. 12278. 9838. 11820. 9927. 1355. 7729. 7055. 6888. 8640. 14188. 12278. 9838. 11320. 9927. 1189. 6152. 5512. 8051. 8654. 11285. 9108. 10295. 9034. 5317. -1 31 . 677. 961. 291. 508. 547. 642. 1264. 1325. 1034. 521. 451. 303. -1822. -1 32 4. 3209. 1182. -2 52 . 1161. 2987. -1 98 . 503. 334. 350. 354. -8 17 . 1158. -1648. -9 6 . 246. -2 5. -5 5. -54. 19. -5 2. -37. 188. 180. 396. 342. 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. 1 97 0... 1 97 1... 1 97 2... 1 9 7 3 ... 1 97 4... 197 5... 1 97 6... 197 7... 197 8... 1 9 7 9... 1 8726. 1 20184. 1 38333. I 75879. 1 38791. 1 58880. 1 74455. 1 50011. 1 103318. I 117817. 8726. 20184. 38333. 75879. 38791. 58880. 74455. 50011. 103318. 117817. 5875. 14934. 26045. 58057. 38340. 49112. 67153. 42212. 73703. 96808. 1886. 2481. 2255. 3066. 10459. 9251. 6434. 5718. 7026. 7005. -5 5 3 . 3190. 6222. 6590. -18310. 5871. 385. 4251. 20844. 10423. 1235. -6 38 . 3618. 7761. 6421. -6091. 736. -2722. 777. 2254. 282. 218. i 94. *05. 1881. 737. -254. 552. 969. 1327. 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. NOMINAL CAP ITA L GAIN IS THE ANNUAL CHANGE IN CURRENT DOLLARS (TABLE 5 4 1 . 1J LESS IM P L IC IT NET INVESTMENT AND INTER-SECTOR TRANSFERS INTO THE FARMING SECTOR (TABLE 5 4 2 . 1 ) . 0. 9. 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. TABLE 544.1 51 IM P LI CI T REAL CAPITAL GAINS CURRENT DOLLARS AMOUNTS IN MILLIONS OF DOLLARS YEAR 1 1 1 1 i 1 | 1 MONETARY ASSETS AND L I A B I L I T I E S PHYSICAL ASSETS TOTAL REAL ESTATE TOTAL MACHINERY AND MUTOR LIVESTOCK VEHICLES STORED CROPS HOUSEHOLD EQUIPMENT AND FURNISHINGS 1 i I NET j |MONETARY! 1 ASSETS | TOTAL 1 1 FINANCIAL ASSETS CURRENCY AND BANK DEPOSITS 1 DEBT 1INCLUDIN U.S. INVESTMENTS! CCC SAVINGS IN | LOANS RONDS COOPFRATIVFS1 1940. 1941. 1942. ••1 1943. 1944. 1945. 1946. 1947. •- 1 1948. 1949. 87. 1353. 3702. 6477. 5358. 5318. -6 48 2. -3 4. -5 3 . -2443. 19. 711. 3322. 6408. 5381. 5412. -5 20 7. 738. 42. -2541. 208. -8 45. 919. 5164. 4348. 6076. -4 31 2. -2531. 1034. -6 00 . 47. -8 4 . 851. 780. 848. -1 5 7 3 . -1494. 197. 772. 444 . 37. 792. 1383. -6 96. -374. 818. 864. 714. 1091. -1404. -4 3. 62 7. 278. 1144. 114. 9. -3 80 . 2510. -3063. -574. -2 31. 221. -109. 16. 445. 82. 115. -152. 208. -407 . 1 6 9. | 642. I 380 . | 69 . 1 -2 3. | -94. 1 -1 27 4. I -7 72 . S -9 5 . ! 98. -5 2 . -5 2 4 . -4 45 . -225. -2 2 7 . -282. -2 71 0. -1634. -2 2 6 . 335. -3 9 . -388 . -331 . -1 61. -151. -178. -1 7 0 6 . -1045. -140. 200. -3 . -3 9 . -4 0 . -3 3 . -5 0 . -7 6 . -7 54 . -4 3 2 . -6 2 . 96. -1 0 . -9 7 . -7 4 . -3 0 . -2 6 . -2 7 . -2 50 . -1 58. -2 4 . 39 . 120. 1166. 826. 293. 204. 188. 1436. 862. 130. -2 37. 1950. 1951. 1952. 1953. 1954. . . 1 1955. 1956. » • 1 1957. 1958. 1959. 1 1960. 1961. 1962. 1963. ••i 1964. . . i 1965. 1966. 1967. 1968. . . i 1969. ! 1970'. 1971. 1972. 1973. 1974. L97 5. 1976. . . i 197?* 19 7 &£ 159794 6 748. 6435. -5898. -7884. 2906. 2627. 4903. 1504. 11518. 248. 7018. 6561. -5886. -7877. 2905. 2626. 4874. 1452. 11490. 190. 4747. 4361. -9 5. -3563. 3352. 4175. 3928. 1198. 6924. 3831. -570 . 621. 151. -1 17 . 88. 576. 712. -3 55 . 1312. 129. 2560. 767. -5 3 5 0 . -3151. -630. -619 . 407. 2691. 3096. -3093. 128. 887. -295. -927. 270. -1293. 67. -1822. 408. -614. 153. -75. -297. -1 19 . -1 76 . -2 12 . -241. -259 . -248. -6 4. I j i ! I 1 I 1 1 1 -2 70 . -1 2 6 . -1 2 . -8 . 1. 1. 29. 51 . 27. 58. -1259. -6 7 5 . -1 05 . -1 8 9 . 126. -4 4. -5 56 . -6 26. -2 35. -2 42. -7 21 . -382. -5 9. -106. 70. -24. -295 . -3 28 . -1 22 . -1 26 . -3 75. -1 97 . -30. -52. 35. -1 2 . -1 61. -1 77. -6 6 . -6 6. -1 63 . -9 6 . -1 6 . -3 1. 2 1. -8 . -1 00 . -1 21 . -4 7 . -5 0 . 989. 549. 92. 182. -126. 44. 585. 678. 262. 300. -1598. 648 8. 4508. 3656. 6466. 10207. 4893. 1899. 735. -5681. -1705. 6432. 4370. 3446. 6297. 9872. 4198. 1085. -4 73 . -7437. -9 96 . 5222. 3582. 5578. 6942. 8064. 3097. 3774. -1 68 . -7 62 2. -4 93 . 528. 660. -95. 250. 70. -2 31 . 317. -48. -9 01 . 278. 346. 8*. -2 10 7. -1496. 2931. 592. -906. 293. 1735. -322. 450. 217. 197. 748. -994 . 832. -1993. -539. -410 . -1 72 . -1 13 . -1 74 . -1 26. -1 46 . -1 98. -9 2. -1 07 . -1 1 . -2 39 . | | I 1 1 j ! j 1 ! 107. 56. 138. 210. 168. 335. 695 . 814. 1208. 1755. -2 8 8 . -1 20 . -2 4 2 . -3 0 7 . -203. -3 73 . -6 69. -7 04 . -976. -1 36 5. -1 46 . -59. -118. -1 51 . -100. -1 84 . -3 35 . -3 56 . -5 0 2 . -7 10 . -7 4. -3 1 . -6 0. -73. -4 6. -8 1 . -1 36. -1 3 5 . -1 / 4 . -2 32 . -6 8 . -3 0 . -6 5 . -8 3 . -5 8 . -1 08 . -1 97 . -2 13 . -2 99 . -4 2 3 . 395. 176. 380. 517. 371. 708. 1364. 1518. 2184. 3121. -4911. 11075. 2 7644. 44919. -8685. 29296. 49206. 12467. 47818. 267? 1. -6 48 3. 10053. 26421. 41388. -1 3 8 7 8 . 25875. 46239. 7848. 40053. 13563. -5362. 7444. 17292. 32936. -1 36. 24092. 45644. 9367. 24548. 16850. 204. 1328. 917. -6 25 . 5268. 5466. 3080. 840. -234. -4241. -1775. 2394. 5226. ' 3389. -2 3 2 8 5 . 4201. -113 6. 2279. 17857. 3587. 666. -997. 3186. 6400. 3834. -7671. -363. -4 2 1 5 . -1549. -1403. -2 17 . -1 16 . -200. -7 11 . 441. -215. -9 86 . -423. -569. -1 2 3 1 . I 1572. | 1022. j 1222. ! 3531. j 5193. I 3422. 1 2967. I 4620. | 7765. | 13208. -1 189. -8 06 . -9 3 7. -2 610. -3 51 0. -2135. -1719. -2347. -3385. -5 12 6. -6 1 9 . -417. -4 80 . -1318. -1746. -1 0 2 3 . -806 . -1084. -1527. -2232. -1 95 . -1 20 . -1 34 . -3 75 . -4 89. -2 9 4 . -2 28. -2 96 . -4 13 . -6 3 8 . -3 75 . -2 69 . -3 22 . -9 17. -1 274. -8 1 8 . -6 86 . -9 67 . -1445. -2 25 6. 2761. 1828. 2159. 6140. 8703. 5557. 4686. 6967. 11150. 18334. i REAL CAPITA L GAIN IS NOMINAL CAPITAL GAIN (T A8 LE 54 3 .1 ) PLUS THE GAIN OR LOSS ( I N YEAR-END DOLLARS) RESULTING FROM A CHANGE IN THE PURCHASING POWER- OF THE TOTAL FUNDS INVESTED OR OWED. THE LATTER GAIN OR LOSS IS THE JANUARY 1 CURRENT-OOLLAR AMOUNT OF EACH ASSET QR L I A B I L I T Y (TABLES 511.1 AND 5 2 1 .1 ) MULTIPLIED BY THE ANNUAL ( JANUARY-TO-JANUARY) PERCENTAGE CHANGE IN THE BLS CONSUMER PRICE MIDEX FOR ALL> ITEMS, ALL URBAN CONSUMERS (AND FOR ASSETS, ALSO MULTIPLIED BY - 1 ) . IN AGRICULTURAL FINANCE LI TE R A T U R E , THE TERM "REAL" HAS BEEN APPLIED TO CAPITAL GAINS ( S T I L L IN CURRENT DOLLARS) AFTER TH IS ADJUSTMENT (SEE THE NOTE ON PAGE 2 9 ) . 52 TABLE 545.1 IM P L IC IT CAPITAL GAINS COMPARED WITH FARM CASH FLOW AND NET INCOME AMOUNTS IN MILLIONS OF DOLLARS IN 1967 DOLLARS* IN CURRENT DOLLARS YEAR CAPITAL GAINS 1 I FARM CASH FLOW NET FARM NOMINAL INCOME | CAPITAL GAINS REAL i jI I| 1 FARM NET CASH FARM INCOME FLOW 1 NOMINAL CAPITAL GAINS AS A t CAPITAL GAINS AS A PERCENTAGE OF FARM 1 PERCENTAGE OF NET CASH FLOW i FARM INCOME REAL 1 NOMINAL 1 94 0... 194 1... 194 2... 194 3... 1 9 4 4... 1 94 5... 1 94 6... 1 9 4 7... 1 9 4 8... 194 9... 603. 6285. 7840. 8366. 7088. 7241. 10774. 10982. 1610. -5011. 87. 1353. 3702. 6477. 5358. 5318. -648 2. -34. -5 3. -2443. 5727. 8007. 12078. 14149. 14173. 14686. 17658. 18362. 21036. 16252. 4930. 7137. 10743. 12780. 12748. 13376. 16469. 16809. 19034. 13887. I I | 1 | 1 | 1 I I 1435. 14251. 16066. 16150. 13449. 13435. 18417. 16416. 2234. -701 9. 208. 3 067. 7587. 12504. 10167. 9867. -1 1 0 8 0 . -5 1 . -7 4. -3422. 13636. 18156. 24750. 27315. 26894. 27247. 30185. 27447. 29176. 22762. 11738. 16184. 22014. 24672. 24190. 24816. 28152. 25126. 26399. 19450. 10.5 78.5 6 4. 9 59.1 5C.0 4 9.3 6 1.0 59.8 7 .7 -3 0 .8 1.5 16.9 3 0. 7 4 5 .8 37 36.2 -3 6 .7 -0 .2 -0 .3 -1 5 .0 1 2. 2 88.1 7 3 .0 65.5 *5 6 54*1 6 5.4 65.3 8.5 -3 6 .1 1 .6 1 9. 0 3 4 .5 5 0 .7 4p, f> 39. 8 -3 9 .4 -0 .2 -0 .3 -1 7 .6 1 95 0... 1 9 5 1... 1 9 5 2... 1 9 5 3... 1 9 5 4... 1 95 5... 1 95 6... 195 7... 1 95 8... 1 95 9... 16446. 12374. -4918. -6176. 1808. 3004. 9724. 7227. 13711. 2589. 6748. 6435. -5 89 8. -7884. 2906. 2627. 4903. 1504. 11518. 248. 17546. 20449. 19708. 17648. 17113. 16062. 16086. 16027. 18340. 16041. 14881. 17302. 16382. 14194. 13532. 12362. 12363. 12114. 14329. 11790. I i I j | 1 | I 1 I 22810. 15905. -618 6. -7710. 2246. 3746. 11945. 8573. 15832. 2966. 9359. 8271 . -7419. -984 3. 3610. 3275. 6023. 1784. 13300. 284. 24336. 26284. 24790. 22032. 21258. 2002 7. 19762. 19012. 21178. 183 75. 20639. 22239. 20606. 17720. 16810. 15414. 15188. 14370. 16546. 13505. 9 3. 7 60 .5 -2 5.0 -3 5 .0 10.6 18.7 6 0.4 45 .1 74.8 16.1 38.5 3 1.5 -2 9 .9 -4 4 .7 17.0 16.4 30.5 9 .4 6 2 .8 1 .5 110.5 7 1 .5 -3 0 .0 -4 3 .5 1 3. 4 2 4 .3 7 8 .7 59 .7 9 5 .7 2 2 .0 4 5. 3 3 7. 2 -3 6 .0 -5 5 .5 2 1 .5 2 1. 2 3 9 .7 1 2. 4 8 0. 4 2.1 1 96 0... 1 96 1... 196 2... 1 96 3... 1 9 6 4... 1 965... 1966... 196 7... 1 96 8... 196 9... 1355. 7729. 7055. 6888. 8640. 14188. 12278. 9838. 11820. 9927. -1598. 6488. 4508. 3656. 6466. 10207. 489 3. 1899. 735. -5681. 16979. 17691. 18061. 18089. 17050. 19896. 21367. 20002. 20521. 22928. 12642. 13303. 13531. 13393. 12147. 14785. 15983. 14221. 14321. 16354. | 1 | 1 | 1 I 1 I I 1528. 8626. 7787. 7511. 930 0. 15014. 12631. 9838. 11343. 9041. -1 8 0 1 . 7241. 4975. 3987. 6960. 10801. 5034. 1899. 705. -5174. 19142. 1974*. 19935. 19726. 18353. 21054. 21983. 20002. 19694. 20882. 14253. 14847. 14935. 14605. 13075. 15646. 16443. 14221. 13744. 14894. 8.0 4 3 .7 39.1 38.1 50 .7 7 1.3 57.5 4 9 .2 57.6 43 .3 -9 .4 36.7 2 5. 0 2 0 .2 3 7 .9 51 .3 2 2.9 9.5 3.6 -2 4 .8 1 0.7 58.1 52 .1 5 1 .4 7 1. 1 96.0 7 6 .8 6 9 .2 8 2 .5 60.7 -1 2 .6 4 8 .8 3 3. 3 2 7 .3 5 3 .2 6 9 .0 3 0 .6 1 3. 4 5.1 -3 4 .7 1 97 0... 1 97 1... 1 9 7 2... 1 97 3... 1 97 4... 1 9 7 5... 1 9 7 6... 197 7... 1 97 8... 1 97 9... 8726. 20184. 38333. 75879. 38791. 58860. 74455. 50011. 103318. 117817. -4911. 11075. 27644. 44919. -8 68 5. 29296. 49206. 12467. 47818. 26771. 23043. 24229. 30043. *7973. 41793. 41661. 36 715. 38973. 49241. 54900. 16283. 16879. 22156. 39028. 31230. 29075. 22902. 23817. 32593. 36300. 1 i I I i 1 | 1 1 | 7503. 16640. 30593. 57009. 26264. 36526. 43668. 27554. 52975. 54169. -4223. 9130. 22062. 337*8. -5880. 18174. 28860. 6 869. 24472. 12309. 19813. 19974. 23977. 36043. 28296. 25844. 21534. 21473. 25200. 25241. 14001. 13915. 17682. 29322. 21144. 18037. 13432. 13122. 16680. 16690. 37.9 83.3 127.6 158.2 9 2.8 141.3 202.8 128.3 209.8 21 4.6 -2 1 .3 4 5. 7 9 2 .0 9 3 .6 -2 0 .8 70.3 134.0 3 2. 0 97.1 4 8.8 53.6 1 19 .6 17 3.0 19 4.4 12 4.2 2 02 .5 32 5.1 2 1 0 .0 3 1 7 .0 3 24 .6 -3 0 .2 6 5 .6 124.8 115. 1 -2 7 .8 100.8 2 14 .9 5 2. 3 14 6 .7 7 3 .7 REAL NOMINAL AND REAL CAPITAL GAINS ARE DEFINED IN FOOTNOTES TO PRECEDING TABLE-5 IN SECTION 540 (ALSO SEE THE NOTES ON PAGE 29) . FARM CASH FLOW AND NET INCOME INCLUDE LANDLORDS' NET RENTAL INCOME AND ALSO UNREALIZED AND NONMONEY INCOME (TAB LES 941.1 AND 9 4 2 . 1 ) . * THE PRICE DEFLATOR USED IS THE ANNUAL AVERAGE OF THE BLS CONSUMER PRICE LNDEX (FOR ALL ITEMS, ALL URBAN CONSUMERS). SHOWN IN 1967 DOLLARS WHEN COMPARING ACCUMULATIVE CAPITAL GAINS, CASH FLOW, AND INCOME OVER MORE THAN ONE YEAR. USE THE DATA NOMINAL NOVEMBER 1979 AGRICULTURAL FINANCE DATABOOK— ANNUAL SERIES 600 FARM REAL ESTATE MARKET DEVELOPMENTS, 48 STATES 610 VALUES 611.1 620 630 MARKET A C T I V I T Y AND PRICE EXPECTATIONS, 1959 -DAT E................................. . . 5 5 CREDIT CONDITIONS, 19 61 -D AT E........................................................................................56 TRANSFERS 631 ALL TRANSFERS, 631.1 632 NUMBER, BY METHOD OF TRANSFER 19 50-DATE, AND RATE, 19 2 6- D AT E................................................................57 TRANSFERS OF 10 OR MORE ACRES— NUMBER, AND DEBT, 1966-DATE 63 2.1 63 2. 2 63 2.3 ACRES, VALUE, AMOUNTS.......................................................................................................................................... 58 CHANGE FROM PREVIOUS YEAR............................................................................................... 58 PERCENTAGE CHANGE FROM PREVIOUS YEAR.....................................................................58 USE OF CREDIT 64 1.1 642.1 643.1 650 1 91 2-O AT E...................................................... 54 MARKET AND CREDIT DEVELOPMENTS 62 1.1 622.1 640 INDEX OF AVERAGE VALUE PER ACRE, IN TRANSFERS RELATIVE USE OF CR ED IT , 19 40-DAT E............................................................................ 59 CREDIT-FINANCED AND ALL TRANSFERS COMPARED, 19 66-DAT E............................ 59 PERCENTAGE DIS TRI BUT ION OF CR ED IT, BY LENDER, 196 4-DA TE ....................... 59 PERCENTAGE DIST RIBU TION OF TRANSFERS BY— 651.1 652.1 65 3.1 6 54.1 6 55 .1 METHOD OF OPERATION BEFORE SALE AND AFTER SALE, 19 5 4- D AT E .................. 60 METHOD OF OPERATION BEFORE SALE AND INTENDED USE AFTER SALE, 195 4-DA TE ................................................................................................................................ 60 TYPE OF BUYER, 19 40 -D AT E..................................................................................................61 TYPE OF SELLER, 1 9 4 9- D A T E...............................................................................................62 PROBABLE USE OF PROPERTY FIVE YEARS AFTER PURCHASE, 1 9 7 2 - D A T E . . . . 6 2 ECONOMICS , ES T A T I S T I C S ^ A N ^ C O O P E R A T I VES SERVICE, U . S . DEPARTMENT OF AGRICULTURE. EXCEPT AS NOTED (TABLES 6 11 .1 AND 6 3 1 . 1 ) , DATA ARE BASED ON A SURVEY OF FARM REALTORS, LOCAL BANKERS, COUNTY O F F I C IA L S , AND OTHERS. 53 54 TABLE 611.1 MARCH 1 FARM REAL E S T A T E - I N D E X OF AVERAGE VALUE PEP. ACRE (BASED ON DATA PROVIDED BY SRS CROP REPORTERS} * 1912.......... 1913.......... 1914.......... 1915.......... 1916 .......... 1917.......... 1918.......... 1919........... 2 2. 3 2 3. 0 2 3 .7 23 .6 2 5.2 27 .2 3 0. 0 32 .7 ***** 1920.......... 1921.......... 1922.......... 1923.......... 1924.......... 1925.......... 1926.......... 1927.......... 1928........... 1929........... 3 9.8 3 6. 9 3 2.3 3 1. 3 30.1 2 9.4 2 8 .7 2 7.5 2 7. 0 2 6.8 2 1.7 -7 .3 -1 2 .5 -3 .1 -3 .8 -2 .3 -2 .4 -4 .2 -1 .8 -0 .7 1930........... 1931.......... 1932.......... 1933.......... 1934........... 1935.......... 1936.......... 1937.......... 1938.......... 1939 .......... 26.3 2 3.7 19.8 16.2 17.0 17.6 18.4 19.0 19.2 18.9 -1 .9 -9 .9 -1 6 .5 -1 8 .2 4.9 3 .5 4 .5 3 .3 1940 .......... 1941 .......... 18.9 19.0 0 .0 0 .5 MARCH 1 AND NOVEMBER 1 MARCH 1 | INDEX | | 1967=100 | AND NOVEMBER 1 J .... .1 PERCENTAGE CHANGE FROM PREVIOUS YEAR INDEX 1967=100 3.1 3 .0 -0 .4 6. 8 7 .9 10.3 9 .0 1.1 1 ANNUALIZED | PERCENTAGE ICHANGE FROM 1 PREVIOUS DATE_________ YEAR____J_____ DATE____ PERCENTAGE CHANGE FROM PREVIOUS 19 60-HI . . -H II.. 1 I 6 8. 4 68.6 1.3 0.3 4.0 1 .6 4 .0 0 .4 19 61 -HI . . -H II.. 1 1 6 9.4 71.3 1.2 2 .7 1 .5 3 .9 3.5 4 .1 19 62 -HI . . -H II.. 1 1 73.1 75.2 2 .5 2 .9 5 .3 5.5 7 .6 4.3 1963—HI . . -H II.. I I 76.7 79.7 2. 0 3 .9 4.9 6 .0 6.0 5 .9 19 64-HI . . -H II.. I 1 81 .9 84.6 2. 8 3 .3 6.8 6 .1 8 .3 4.9 19 65 -HI . . -H II.. 1 I 86.2 90.1 1.9 4 .5 5 .3 6.5 5 .7 6 .8 1966-H1 . . -H II.. 1 1 93.3 9 8.0 3 .6 5 .0 8 .2 8 .8 10.7 7 .6 1967—HI . . -H II.. 1 | 100.0 104.5 2. 0 4. 5 7 .2 6 .6 6. 1 6.7 19 68 -HI . . -H II.. 1 1 106.9 111.2 2 .3 4.0 6.9 6 .4 6.9 6.0 19 69 -HI . . -H II.. 1 1 112.8 116.2 1.4 3.0 5.5 4.5 4 .3 4 .5 19 70 -HI . . -H II.. 1 1 117.4 119.8 1.0 2. 0 4. 1 3 .1 3 .1 3. 1 19 71 -HI . . -H II.. 1 1 122.5 127.2 2 .3 3.8 4 .3 6 .2 6 .8 5.8 19 72-HI . . -H II.. 1 I 132.5 140.9 4 .2 6.3 8 .2 10.8 1 2. 5 9.5 19 73 -HI . . -H II.. I I 149.7 169.8 6. 2 13.4 1 3. 0 2 0 .5 1 8.7 2 0.1 19 74-HI . . -H II.. 1 I 186.8 20 4 .0 10.0 9 .2 2 4 .8 2 0.1 3 0. 0 1 3.8 197 5-HI . . -H II.. 1 1 21 2.7 228.1 4 .3 7 .2 1 3. 9 1 1.8 1 2. 8 1 0. 9 19 76-HI . . -H II.. 1 1 241.9 26 6.8 6 .0 10.3 13.7 17.0 2 4 .2 1 3. 7 19 77-HI . . -H I I . . 1 1 282.6 295.6 5 .9 4.6 16.8 10.8 2 3 .7 6 .1 19 78 -HI . . -H II.. 1 1 307.6 331.5 4. 1 7 .8 8 .8 12.1 1 6.2 1 0. 4 ... 1 35 1.0 5.9 14.1 23 .5 -1 .6 INDEX 1 1967=100 | PERCENTAGE CHANGE FROM PREVIOUS ___QAIE- | ANNUALIZED I PERCENTAGE ICHANGE FROM I PREVIOUS IEAB___ J _____ QAIE____ 19 42 -HI . . . - H I I ••• 2 0.6 21 .0 ***** 1.9 8 .4 ***** ***** 1 9 4 3- H I . . . -H I I . . . 2 2 .6 2 3. 7 7 .6 4.9 9 .7 12.9 2 2. 9 7 .3 1 9 4 4 -HI . . . -H I I . . . 2 5. 8 2 7.0 8.9 4 .7 14.2 1 3.9 2 6 .6 7 .0 19 4 5- H I . . . -H II... 2 8. 6 30.1 5 .9 5 .2 10.9 11.5 1 7.8 7 .9 1946—HI . . . -H II... 32.3 3 4. 4 7.3 6 .5 12.9 14.3 2 1 .9 9.8 1947—HI . . . -H II... 36.2 37 .4 5 .2 3.3 12. 1 8. 7 15.7 5 .0 19 48 -HI . . . -H II... 39.1 4 0.8 4.5 4.3 8 .0 9.1 1 3. 6 6.5 1949—HI . . . -H II... 4 0. 7 39.5 -0 .2 -2 .9 4. 1 -3 .2 -0 .7 -4 .4 19 50 -HI . . . -H II... 3 9 .9 4 3 .4 1.0 8 .8 -2 .0 9 .9 3 .0 13.2 1 95 1-H I . . . -H II... 46.1 49.1 6.2 6 .5 15.5 13.1 18.7 9.8 19 52 -HI . . . -H II... 50.7 51.2 3 .3 1.0 1 0 .0 4 .3 9.8 1 .5 19 53 -HI . . . -H II... 51.5 50.7 0.6 -1 .6 1 .6 -1 .0 1. 8 -2 .3 1 9 5 4 -HI . . . -H II... 50 .8 52.1 0.2 2 .6 -1 .4 2 .8 0 .6 3.8 19 5 5- H I . . . -H II... 52 .9 54.2 1.5 2. 5 4.1 4.0 4.6 3 .7 1 9 5 6 -HI . . . -H II... 54 .9 57.1 1.3 4.0 3.8 5 .4 3 .9 6 .0 1 95 7-H I . . . -H II... 5 8. 4 60 .2 2.3 3.1 6 .4 5 .4 6.8 4.6 19 58 -HI . . . -H II... 6 1.3 6 4.0 1.8 4.4 5 .0 6.3 5 .5 6 .6 19 59 -HI . . . -H II... 6 5.8 67 .5 2.8 2. 6 7.3 5 .5 8 .4 3 .9 2.9 1979-HI ! THE "ANNUALIZED PERCENTAGE CHANGE FROM PREVIOUS DATE" F A C I L I T A T E S COMPARISON OF THE RATE OF PRICE CHANGE OVER TIME BY ADJUSTING FOR THE VARIATION IN THE LENGTH OF THE PERIOD BETWEEN REPORTING DATES. THE ANNUALIZED CHANGE IS THEREFORE OBTAINED BY MULTIPLYING THE CHANGE IN THE 8-MONTH MARCH-NOVEMBER PERIOD BY 1.50 AND THE CHANGE IN THE 4-MONTH NOVEMBER-MARCH PERIOD BY 3 . 0 0 . * STARTING IN 1976, THE FI R S T SURVEY OF EACH YEAR IS MADE ON FEBRUARY 1, CHANGE ARE 1.33 AND 4 . 0 0 , RES PECTIVELY. AND THUS THE FACTORS FOR COMPUTING THE ANNUALIZED TABLE 621.1 55 MARKET A C T IV I T Y AND PRICE EXPECTATIONS CHANGE IN MARKET A C T I V I T Y FROM A YEAR EARLIER 1 PERCENTAGE OF RESPONDENTS REPORTING 1 |_ | FARMS OFFERED FOR SALE INQUIRIES FOR FARMLAND |_ CHANGED CHANGED 1 LITTLE DECREASED INCREASED LITTLE DECREASED i INCREASED 1 1 **** *♦** **** 1959—HI . . . | 37. 51. 12. -H II...| 14. 54. 32 . 26. 43. 31. MARCH 1 AND OCTOBER 1 1960-HI -H II...I PRICE CHANGE EXPECTED IN THE FOLLOWING YEAR PERCENT OF RESPONDENTS EXPECTING INCREASE OF 5* _ QR__MQRE __ LITTLE CHANGE DECREASE OF 5* OR MORE **** 19. *♦** 75. **** 6. **** 18. **** 54. **** 28. 21. 13. 50. 31. 29. 56. 13. 9. 74 . 73. 13. 18. 1961-HI . • * | - H I I •••| 1 1962-HI . . . | -H11 . . . I 18. 15. 65. 54. 17. 31 . 17. 29. 51. 40. 32. 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. 1963-HI . . . | - H I I . . .{ 18. 12. 63. 54. 19. 34. 32 . 33. 53. 43. 15. 24. 20. 22. 74 . 74. 6. 4. 1964-HI . . . | -H II...J **** 15. *♦** 62 . **** 23. **** 26. **** 54. **** 20. ♦*** 23. **** 72. **** 5. 19 65-HI . . . | - H I I . . .1 19. 11. 63. 53. 19. 32. 35. 34. 51. 48. 14. 16. 30. 51. 66. 47. 4. 2. 19 66-HI . . . | - H I I . . .1 1 1 1967-HI . . . | -H I I . . . | i 1 1968—HI . . . | -H II...| 12. 10. 50. 50. 35 . 36. 44 . 29. 43. 48. 11. 20. 57. 46. 4 0. 4 6. 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. 4 1. 50. 51. 6. 8. 1969-HI . . . j -H I I . . . | 18. 20. 56. 54. 26. 26. 28. 23. 47. 40. 25. 37. 38. 30. 52. 51. 10. 20. 19. 17. 53. 53. 28 . 30 . 19. 21. 41 . 40. 40. 39. 25. 27. 59. 61 . 16. 12. 19 71-HI . . . | -H I I ... 1 19. 18. 56. 58. 25. 24. 25. 36. 46 . 45. 29. 19. 30. 36. 6 0. 58. 10. 6. 19 72-HI . . . ! -H II...| 20. 15. 58. 58. 22 . 27. 46. 54. 45. 41. 9. 5. 48 . 6 4. 49. 35. 3. 1. 1973—HI . . . | - H I I . . .1 i 1 19 74 -HI . . . | -H I I . . . | I 1 19 75-HI . . . | —HI I . . . | 1 1 1976-H1 . . . | - H I I . . .1 16. 12. 54. 50. 30. 38 . 62 . 62 . 34. 34. 4. 4. 71. 7 0. 28. 28 . 1. 2. 13. 13. 49. 53. 3 8. 35 . 60. 31. 34. 43 . 6. 26. 70. 42 . 28. 4 6. 2. 12. 18. 16. 52. 54. 30 . 30. 18. 2 6. 40. 47. 42. 27. 23. 4 5. 54. 49 . 23. 7. 16. 17. 58. 58. 27. 25. 35. 32. 49 . 50. 16. 18. 47. 50 . 48 . 43 . 5. 7. 19 77-HI . . . | -H II...| 20. 20. 57. 57. 23 . 2 3. 35. 24. 49 . 46 . 16. 30. 59 . 39. 35. 44. 6. 17. 17. 14. 57. 60 . 2 7. 26. 22. 30. 52. 55. 27. 15. 4 7. 59. 45 . 37. 8. 3. 15. 61. 24. 34. 55. 11. 66 . 32. 2. 1970-HI . . . 1 -H II...| j i 1 1978—HI . . . | - H I I . . .1 1 1 19 79 -HI . . . | __L FROM OCTOBER 1965 THROUGH OCTOBER 1967, THE PERCENTAGES SHOWN UNDER BOTH "FARMS OFFERED FOR SALE" AND "I NQ U IR IE S FOR FARMLAND" DO NOT TOTAL 100 PER CENT, WITH THE DIFFERENCE BEING RESPONSES OF "D O N 'T KNOW." 56 TABLE 622.1 CREDIT CONDITIONS MARCH 1 AND OCTOBER 1 j | | CHANGE IN CREDIT CONDITIONS FROM SIX MONTHS EARLIER PERCENTAGE OF RESPONDENTS REPORTING CREDIT A V A I L A B IL I T Y INTEREST RATES HIGHER SAME LOWER 196 1-HI . . . | -H I I . . . | **** 19. **** 73. 1962-HI . . . | -H I I . . • | **** 27. 1963—HI . . . | - H I I . . .| HIGHER SAME **** 8. **** **** **** **** **** ♦*** ♦*** 68. **** 5. **** ♦*** **** **** **** **♦* **** 28. *♦** 6 9. **** 3. **** **** **** **** **** **** 1964—HI . . . | -H I I . . . | ♦*** 28. **** 67 . *♦** 5. ***♦ **** **** **** **** ***♦ 1965—HI . . . | — HI I •••| 25. 30. 70. 62 . 5. 4. **** **** +*** **** **♦* **** 1966-HI . . . | -H I I . . . | 20. 4. 56. 24. 20 . 69. **** **** **** **** **** **** 19 67-HI . . . | —HI I . . . | 22. 14. 42. 56. 33. 25. **** **** **** **** **** **** 19 68-HI . . . | —H I I . . . | 8. 16. 47 . 58. 4 5. 26. 87. 71. 12. 27. 1. 2. 1969—HI . . . | -H I I . . . | 7. 3. 49. 28. 4 4. 6 9. 92. 7. 1. **** 19 70 -HI . . . | -H II... | 3. 9. 30. 51. 6 7. 40 . 88 . *•** 11. ♦*** 1. **•* 19 71 -HI . . . | -H II.. 46. 34. 42 . 56 . 12. 10. 12. 17. 31. 62. 57. 21. 19 72 -HI . . . | -H II...| 48. 43. 48 . 54. 4. 3. 7. 14. 55. 81. 38. 5. 19 73 -HI . . . | -H I I . . . | 39. 16. 56. 47 . 5. 37. 28. 87. 70. 12. 2. 1. 1 9 7 4 -HI . . . » -H I I . . . | 28. 4. 58. 28 . 14. 6 8. 39. 87. 56. 12. 5. 1. 19 75 -HI . . . | -H II...J 17. 16. 48. 6 1. 35. 2 3. 27. 45 . 53. 52. 20. 3. 19 76 -HI . . . | - H I I . . .| 29. 24. 61. 65 . 10. 11. 14. 15. 69 . 75. 17. 10. 19 77-HI . . . » -H I I . . . j 30. 17. 62 . 6 9. 8. 15. 9. 19. 71. 74. 21. 8. 1978—HI . . . | -H II...| 15. 11. 6 9. 55 . 16. 34. 38. 85. 60. 14. 2. 1. 1979—HI 11. 49 . 4 0. 91 . 9. ...| _ ..LOWER. 0. FROM OCTOBER 1965 THROUGH OCTOBER 1967, THE PERCENTAGES SHOWN DO NOT TOTAL 100 PER CENT, WITH THE DIFFERENCE BEING RESPONSES OF "DO N 'T KNOW." TABLE 631.1 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 ( B A S E D ON D A T A P R O V I D E D B Y S R S C R O P NUMBER OF TRANSFERS (THOUSANDS) J YEAR 1 ENDING 1 MARCH 1* 1 1 1 1 1926. . . . . | 1 9 2 7 .... j 1 9 2 8 .... | 1 92 9.... j • ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** | | j | j j j j j j ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 1 94 0.... | 1941 . . . . j 1 94 2.... j 19 43 ......... j 1944.......... | 1 9 4 5 .... j 1 9 4 6 ..... j 1947.......... , | 1 9 4 8 ....., j 1949.......... | I 1 9 5 0 .....J 1951 . . . . ..1 1952...........1 1 9 5 3 . . . . . .1 1 9 5 4 . . . . . .1 1955...........1 1 9 5 6 . . . . . .1 1957...........1 1 9 5 8 . . . . . .1 1959..........,| 1 1 I9 6 0 ...... 1 1961...........1 1962...........1 1963...........1 1964........... I 1965...........1 1966...........1 1967...........1 1968...........1 1969...........1 1 1970...........1 1971...........1 1972..........,| 1973...........1 1974.......... .1 1975...........1 1976...........1 1977.........., I 1978...........1 1979..........,| ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 28 0.9 282.5 26 4.8 240.2 215.6 201.2 205.6 189.1 181.2 174.5 199.7 206.1 190.1 168.7 143.0 137.7 133.9 123.9 117.3 112.1 4 2 .0 3 8 .7 3 5.6 34. 0 3 3.5 2 9. 5 3 8.6 3 4. 8 34.3 3 5 .0 7 .5 7 .8 8.1 11.3 13.4 8.4 9 .7 6 .5 5. 9 31.8 29.8 3 1. 0 26.1 2 5.8 2 5.6 2 3. 4 2 2. 4 23.1 2 1.5 169.1 15 4.6 154.7 146.0 148.1 139.7 139.7 131.7 127.6 125.6 109.8 9 7. 3 95.8 92 .9 95 .5 89.7 93.7 91.2 87.5 85.6 3 2. 3 32.3 34 .6 31 .2 29. 5 29.3 2 7. 4 2 1.6 2 0. 4 2 0. 4 5 .8 5. 1 5.4 4.0 4.9 4 .5 2 .8 2 .4 3 .0 2.7 21.2 19.9 18.9 17.9 18.2 16.3 15 .9 16.6 16.7 1 6. 9 111.2 110.9 124.0 138.5 139.7 110.3 96.2 9 6.1 91.8 85.6 75.6 74.6 87 .5 101.8 9 9 .0 7 4. 9 64 .2 6 2 .6 59.2 5 6.0 17 .8 1 7.4 17.9 20. 1 19.8 16 .5 14 .4 14.5 1 3.9 14.1 2 .9 3 .5 3 .4 3. 3 2.1 3 .1 3 .4 3. 1 4.4 2.4 14.7 15.4 15.2 13.3 18.8 15.8 14.2 15.9 14.3 13. 1 1 9 3 0 .... 1 93 1.... 1932-------1 9 3 3 .... 1 93 4.... 1 93 5 .... 1 9 3 6 .... 1 9 3 7 .... 1 93 8.... 1 9 3 9 .... TOTAL METHOD OF TRANSFER 1 1 1 VOLUNTARY ESTATE FORECLOSURE 1 SETTLEMENT ***** ***** OTHER 8 .0 J ____ * STAR TING IN 1976, DA TA ARE FOR THE YEAR ENDING FE BR UAR Y 1 OF T R A N S F E R REPORTERS) 1 TRANSFERS AS PERCENTAGE OF THE TOTAL NUMBER OF FARMS 1 METHOD OF TRANSFER 1 1 I TOTAL 1 I VOLUNTARY ESTATE FORECLOSURE OTHER 1 SETTLEMENT | 1 1 **** **** 1.74 1 .44 2.96 1 0.70 1.82 1.50 6 .85 2.83 1 6 .6 0 2.63 0.67 1.76 1. 54 1 0 .5 4 1.48 1.43 5 .80 2.35 1 1 1 6. 15 0.61 1.57 1.60 2.37 1 1.87 6 .19 1.90 0.57 1.85 1 7.67 2 .8 4 2 .59 0.62 1.62 1 3.88 3. 10 9.36 1.68 0 .7 0 1 2.61 7.86 1.78 0.67 2 .8 0 1 6.91 2.10 2. 16 1.94 0.71 1 2 .0 4 7.29 0 .7 4 2.03 2 .48 1 1.81 1.60 7.40 3.15 0. 84 1 6 .5 4 0 .8 2 1.43 1.24 3.05 1 1.35 1.26 6 .38 2 .97 0.80 1 1 1.26 1.20 6 .30 0.82 3. 02 1 1.05 1.10 6 .3 7 3.41 0.81 1 0.80 0.62 1 .02 6 .61 4. 17 1 0 .4 4 0 .8 7 0.81 6 .7 0 4. 58 1 0 .7 9 0.31 7.61 5. 59 0.92 1 0.90 0 .1 9 0 .7 3 6 .97 5. 15 1 0 .15 0 .6 9 7.50 5.74 0.92 1 0.99 0.11 0.71 5.77 7 .58 1 6. 59 0 .10 0 .6 7 4 .90 0.92 1 0.65 0 .8 4 5 .6 9 4. 08 0. 12 1 1 0 .1 4 0 .59 5.22 3.71 0.78 1 0 .7 4 0 .1 5 0 .5 7 5.40 3 .9 4 1 0 .1 6 0.61 5.21 3 .7 4 0.70 1 0 .5 3 4 .87 0 .69 0.23 3.42 1 0 .5 4 4.51 0 .2 8 2 .9 9 0 .70 1 0. 20 0 .5 6 4 .6 5 0 .69 3. 19 1 0 .5 4 0 .2 3 4 .9 7 0.94 3.23 1 0. 20 0 .5 4 4 .7 8 3.13 0.88 1 0 .59 0 .17 4 .8 0 0.91 3. 12 1 0 .1 6 0 .5 8 4 .8 0 0.95 3. 13 1 1 0 .1 6 0 .5 9 4 .71 3.07 0.90 1 0 .5 7 4 .4 4 2.81 0 .1 5 0.93 1 4 .5 9 0 .1 6 0 .56 1.02 2.85 1 2.85 0.96 0. 12 0 .5 5 4 .4 8 i 4 .6 9 0.91 0 .16 0 .5 8 3.03 1 4 .6 4 3.03 0.94 0 .1 4 0 .5 3 1 0 .5 4 4 .6 3 3.11 0.90 0 .0 9 1 4 .4 5 3.09 0.73 0 .08 0 .5 5 1 0 .5 7 4 .42 3 .0 4 0 .70 0.11 1 4 .48 3. 06 0 .10 0 .6 0 0.72 1 1 1 4. 14 2.78 0.65 0 .16 0 .5 5 1 2.87 4 .28 0.66 0 .1 4 0 .6 3 1 4 .7 9 3.40 0 .5 7 0.68 0 .1 4 1 5 .5 9 4. 10 0 .5 4 0.81 0.13 1 5.83 0 .0 9 0 .7 9 4.12 0.83 1 4 .7 8 3.23 0.72 0 .13 0 .7 0 1 4 .27 2.81 0.15 0 .68 0 .63 1 4.30 2.80 0.65 0 .1 4 0.71 1 4 .1 7 2.69 0 .6 5 0 .2 0 0 .6 3 1 3.96 0 .11 0 .61 2. 59 0.65 1 1. 58 SECTION 632 YEAR ENOING MARCH 1 1 9 6 6 .... 1 9 6 7 .... 1 9 6 8 .... 1 9 6 9 .... 1 9 7 0 .... 1 9 7 1 .... 1 9 7 2 .... 1 9 7 3 .... 1 9 7 4 .... 1975-------1 9 7 6 .... 1 9 7 7 .... 1 9 7 8 .... 1 9 7 9 .... 1 9 6 7 .... 1 9 6 8 .... 1 9 6 9 .... 1 9 7 0 .. . . 1 9 7 1 .. . . 1 9 7 2 .... 1 9 7 3 .... 1 9 7 4 .... 1 9 7 5 .... 1976-------1 9 7 7 .... 1 9 7 8 .... 1 9 7 9 .. . . 1 9 6 7 .... 1 9 6 8 .... 1 9 6 9 .... 1 9 7 0 .... 1 9 7 1 .... 1 9 7 2 .... 1 9 7 3 .... 1 9 7 4 .... 1 9 7 5 .... 1 9 7 6 .... 1 9 7 7 .... 1 9 7 8 .... 1 9 7 9 .... 1 1 I NUMBER 1 OF ITRANSFERS 1 (T H OU 1 SANDS) 1 1 1 1 .1 113.6 .1 110.7 .1 10 4.8 . I 100.0 •| 89 .0 .1 8 9.7 . I 10 2.9 .1 118.6 .1 115.5 . 1 8 8.9 .1 7 6. 0 j 7 4.5 . I 70 .8 .1 6 8. 2 1 _ 1 1 1 1 I -2 .9 I -5 .9 I -4 .8 i 1 1 -1 1 .0 | 0.7 1 13.2 | 15 .7 1 -3 .1 I -2 6 .6 1 -1 2 .9 1 -1 .5 1 -3 .7 I -2 .6 1 1 1 1 1 .1 -2 .6 . 1 -5 .3 . 1 -4 .6 | .1 -1 1 .0 . | 0 .8 .1 14.7 .1 15.3 . i -2 .6 . ! -2 3 .0 .1 -1 4 .5 .1 -2 .0 .1 -5 .0 .1 -3 .7 _J_____ FARM REAL ESTATE TRANSFERS CRED IT-FINAN CED TRANSFERS ALL TRANSFERS I ACRES SOLD 1 VALUE I 1 PER 1 MILLIONS | TOTAL PER OF ACRE I(THOUSANDS) TRANSFER 1 | (DOLLARS) 1 DOLLARS NUMBER OF TRANSFERS (TH OU SANDS 1 63 2.1 VALUE 1 ACRES SOLD | j 1 1 TOTAL PER 1 MILLIONS PER I(THOUSANDS) TRANSFER 1 OF ACRE 1 1 DOLLARS__ (DOLLARS) 1 DEBT I( M IL L IO N S 1 OF 1 DOLLARS) 1 AMOUNTS 26498. 25786. 24067. 22139. 233. 233. 230. 221 . 5324. 5770. 5486. 5360. 201. 224. 228. 242. 78.8 79.8 6 7 .7 70.2 ****** 19242. 15854. 17521. **** 241 . 234. 250. 4014. 439 8. 3651. 4219. **** 229. 230. 24 1. 2894. 3211. 2703. 3152. 22014. 19645. 26578. 34547. 39042. 24653. 21022. 20643. 22473. 22806. 247. 219. 258. 291. 338. 277. 277. 277. 317. 334. 5368. 5113. 7070. 10077. 13177. 10637. 10956. 13420. 12944. 14100. 244. 260. 266. 2 92. 338. 431. 521. 650. 576. 618. 61.1 74.3 83 .1 100.2 9 5. 8 76.2 6 4 .0 6 4. 6 5 9.6 58.9 16000. 16679. 22121. 28475. 36073. 22159. 18198. 17951. 19681. 22083. 262. 224. 266. 284. 377. 291. 284. 278. 330. 375. 3708. 4401. 5838. 8517. 11423. 9166. 9029. 11316. 10660. 12359. 2 32 . 2 64 . 264. 299 . 317 . 4 14 . 496 . 6 30 . 542. 560. 2682. 3232. 4329. 6630. 8616. 6978. 6826. 8641. 8150. 9681. 1 632.2 CHANGE FROM PREVIOUS YEAR -7 1 2 . -1719. -1 92 8. -0 . -3 . -3 . 446 . -2 84 . -1 26 . 23. 4. 14. 1.0 -1 2.1 2 .5 ******* -3388. 1667. ***** -7 . 15. 3 84 . -7 47 . 568. ***** 2. 11. 317. -5 08 . 4 49 . -1 25 . -2369. 6933. 7969. 4495. -14389. -3631. -3 79 . 1830. 333. 26. -2 8 . 39. 33. 47. -61. -1 . 0. 40. 17. 8. -2 55. 1957. 3007. 3100. -2 54 0. 319. 2464. -4 7 6 . 1156. 2. 16. 6. 26. 46 . 94. 90. 129. -74. 42. -9 .1 13.2 8 .8 17.1 -4 .4 -1 9.6 -1 2 .2 0 .6 -5 .0 -0 .7 -1521. 679. 5442. 6354. 7598. -13914. -3961. -2 47 . 1730. 2402. 12. -37. 42. 18. 92. -8 6 . -6 . -6 . 52. 45. -5 11 . 69 3. 1437. 2679. 2906. -2 25 7. -1 3 7 . 2287. -6 56 . 1699. -9 . 32. 0. 35. 18. 9 7. 83. 134. -8 9 . 18. -4 70 . 550. 1097. 2301. 1986. -1638. -1 5 2 . 1815. -4 9 1 . 1531. 63 2.3 PERCENTAGE CHANGE FROM PREVIOUS YEAR -2 .7 -6 .7 -8 .0 -0 .1 -1 .4 -3 .6 8 .4 -4 .9 -2 .3 1 1. 4 1.9 6 .2 1.3 -1 5.2 3 .7 ***** ***** -1 7 .6 10.5 -2 .9 6 .6 9.6 -1 7 .0 15 .6 ***** 0.8 4.6 11 .0 -1 5 .8 16.6 -0 .6 -1 0.8 35 .3 3 0. 0 13.0 -3 6 .9 -1 4 .7 -1 .8 8 .9 1 .5 11 .7 -1 1 .5 17.9 12.8 1 6. 0 -1 8 .0 -0 .3 0 .2 14.6 5.4 0. 1 -4 .8 38 .3 42.5 30 .8 -1 9.3 3.0 22.5 -3 . 5 8 .9 0 .7 6 .7 2. 2 9 .7 15.7 2 7.8 2 0.8 2 4.7 -1 1 .4 7.3 -1 3.0 21.6 11.8 2 0.6 -4 .4 -2 0 .5 -1 6 .0 0 .9 -7 .7 -1 .2 -8 . 7 4 .2 3 2 .6 28. 7 2 6 .7 -3 8 .6 -1 7 .9 -1 .4 9.6 1 2.2 4 .9 -1 4.3 18.6 6 .8 32 .5 -2 2 .8 -2 .2 -2 .3 18.8 13.5 -1 2.1 18.7 3 2 .7 4 5 .9 3 4. 1 -1 9 .8 -1 .5 2 5. 3 -5 .8 15.9 -3 .8 13 .9 0 .0 13.3 5. 9 3 0. 6 19.9 27. 1 -1 4.1 3 .3 -1 4 .9 2 0. 5 3 3 .9 53.2 3 0 .0 -1 9 .0 -2 .2 2 6. 6 -5 .7 18.8 DATA INCLUDE ONLY VOLUNTARY AND ESTATE SALES OF 10 OR MORE ACRES AND ARE ESTIMATES OBTAINED BY WEIGHTING DATA REPORTED BY FARM REALTORS AND OTHERS BY REGIONAL TRANSFER RATES AND ACREAGES DERIVED FROM REPORTS OF SRS CROP REPORTERS. TABLE 64 2.1 SHOWS DATA ON THE CREDIT -FINA NC ED TRANSFERS AS PERCENTAGES OF DATA ON ALL TRANSFERS. TABLES 641.1 AND 642.1 641.1 YEAR ENDING MARCH 1 1 9 4 0 .... 1 9 4 1 .... 1 94 2.... 1 9 4 3 .... 1 9 4 4 .... 1 94 5.... 1946. . . . 1 94 7.... 1948. . . . 1 94 9.... 59 USE UF CREDIT I PERCENTAGE 1 OF I TRANSFERS 1 ON WHICH I DEBT WAS 1 INCURRED L 1 .| *** .1 52. .1 55. .1 48. .| 44. .1 44. .1 43 . .j 47. .I 52. .1 56. 1950____ 1951-------1 95 2 .... 1 9 5 3 .... 1 9 5 4 .... 1955____ 1956____ 1 95 7.... 1 9 5 8 .... 1959-------- .| . | .1 . | . 1 .1 .1 . ( .1 . 1 1 I 9 6 0 . . . . .1 1 96 1.... . i 1 9 6 2 . . . . .1 1 9 6 3 .... . | 1 9 6 4 .... . i 1965____ .1 1966. . . . . I 1 96 7.... . | 1 96 8 .... . I 1 9 6 9 .... . | I 1 9 7 0 . . . . .1 1971. . . . . | 1 9 7 2 .... .! 1 9 7 3 .... .] 1974-------- .1 1 9 7 5 .... . ! 1 9 7 6 . . . . .1 1 9 7 7 . . . . .1 1978 . . . . .1 1 9 7 9 . . . . .1 __1______ IN TRANSFERS DEBT AS PERCENTAGE OF PURCHASE PRICE 66. 68. 6 4. 6 0. 58. 57. 56. 56. 57. 56. 58. 54. 56. 60. 62. 64 . 67. 68. 67. 6 7. 57. 54. 55. 56. 59. 59. 61 . 63 . 64. 64. 67. 67 . 71. 73. 73. 73. 77. 80. 79. 80. 65 . 66 . 6 8. 70. 71. 72. 72. 73. 74. 74. 78. 84. 82. 86. 86. 88. 87. 88. 89. 90. 73. 73. 74. 78. 75. 76. 76. 77. 76. 79. 642.1 CREDIT -FINANCED TRANSFERS COMPARED WITH ALL TRANSFERS II CR EDIT-FINANCED SALES AS PERCENTAGE OF ALL SALES 11 | VALUE ACRES SOLD II ( 11 NUMBER | 1 II OF 1 AVERAGE | PER II TRANSFERSI TOTAL PER | TOTAL ACRE II 1 TRANSFER 1 11 j| **** ***** **** **** ***** |j **** ***** **** ***** **** || **** **** ***** **** ***** |j **** ***** ***** **** **** |j **** **** ***** ***** **** || **** **** ***** **** ***** || **** **** ***** **** ***** j| **** ***** ***** **** **** |j **** **** ***** **** ***** || ***♦ ***** **** **** ***** 1| |j jj jj jj Ij jj jj j| |j i i1 1 || jj || |j jj jj II II II (1 i i( 1 II II II 1| II II II II II II 11 DEBT AS PERCENTAGE OF VALUE OF— ALL TRANSFERS C R E D IT FINANCED TRANSFERS **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** **** **** **** **** **** **** **** **** **** **** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** 69.4 7 2.1 6 4 .6 7 0 .2 **** **** **** **** **** **** **** 7 4.6 6 5 .9 79. 1 ***** ***** ***** ***** ***** ***** ***** 103.5 102.0 112.7 **** **** **** **** **** **** 7 5.4 76.2 6 6. 6 78 .7 ***** ***** ***** ***** ***** ***** ***** 102.1 101 .0 9 9 .5 **** **** **** **** **** **** 5 4. 4 5 5.6 49 .3 58 .8 **** **** **♦* **** **** **** 72 .1 7 3. 0 7 4 .0 7 4. 7 68.7 8 2 .8 8 0 .8 84 ..5 8 2 .9 8 5 .7 8 4. 2 8 6 .7 8 4.2 8 6 .4 72 .7 84 .9 8 3. 2 8 2 .4 9 2 .4 8 9.9 8 6 .6 8 7 .0 8 7. 6 9 6. 8 105.9 102.5 103.1 9 7.6 111.4 104.9 102.8 100.3 104.0 112.1 69.1 86.1 8 2. 6 8 4.5 86.7 8 6.2 8 2 .4 8 4. 3 8 2. 4 87.7 95 .0 101 .4 9 9 .2 102.5 93 .8 9 5 .9 9 5 .2 9 7 .0 9 4 .0 9 0. 5 50 .0 63.2 6 1 .2 65 .8 6 5 .4 6 5.6 6 2 .3 6 4 .4 6 3.0 6 8.7 7 2. 3 7 3 .4 7 4. 2 7 7.8 7 5 .4 7 6.1 7 5.6 7 6 .4 7 6 .5 7 8 .3 DATA IN TABLE 641.1 ARE UNWEIGHTED ESTIMATES BASED ON REPORTS FROM FARM REALTORS AND OTHERS, WHEREAS THEi RATIOS SHOWN IN TABLE 64 2.1 ARE COMPUTED FROM DATA IN TABLE 63 2.1 , WHICH WERE OBTAINED BY WEIGHTING THESE REPORTS AS DESCRIBED IN THE FOOTNOTE TO TABLE 6 3 2 . 1 . TABLE 643.1 PERCENTAGE DI ST RIBUTION OF CREDIT EXTENDED FOR FARM REAL ESTATE PURCHASES YEAR ENDING MARCH 1 1 1 1 1 1964.......... .1 1965........... | 1966..........,| 1967..........,1 1968..........,| 1969...........1 1 1970.......... 1971........... I 1 9 7 2 . . . . , .1 1973...........1 1 9 7 4 . . . . . .1 1975...........1 1976...........1 1 9 7 7 . . . . . .1 1978. . . . ..1 1 9 7 9 . . . . , .1 total 1 1 1 SELLERS OF FARMS |COMMERCIAL1 INSURANCE I FEDERAL I BANKS |COMPANIES | LAND I 1 BANK S MORTGAGE 1 I OTHER I LENDERS 1 TOTAL CONTRACT 100. 100. 100. 100. 100. 100. 47. 44. 38. 49. 54. 49. **** **** **** **** **** 42 . **** **** **** **** **** 7. 9. 9. 10. 11. 11. 10. 20. 20. 26. 15. 17. 19. 7. 8. 10. 11. 9. 13. 17. 19. 16. 14. 9. 9. 100* 100. 100. 100. 100. 100. 100. 100. 100. 100. 61 . 51. 46. 42. 44. 43. 44. 39. 38. 36. 53. 44 . **** 32. 32. 30. 33. 29. 29 . 26. 8. 7. **** 10. 12. 13. 11. 10. 10. 10. 9. 12. 11. 11. 10. 7. 10. 10. 9. 6. 8. 8. 11. 11. 11. 7. 9. 13. 15. 10. 12. 21. 24. 30. 25. 33. 30. 28. 26. 31 . 10. 8. 8. 6. 10. 11. 8. 11. 12. 18. J_______ DATA ARE BASED ON UNWEIGHTED REPORTS BY REAL ESTATE BROKERS AND OTHERS IN THE USDA SURVEY. PRIOR TO 1968, PURCHASES FINANCED BY TWO OR MORE LENDERS ARE INCLUDED WITH "OTHER LENDERS." FOR 1968-1972, ALL CREDIT EXTENDED IN CONNECTION WITH SUCH PURCHASES IS TABULATED ACCORDING TO THE SOURCE OF THE PRIMARY CR ED IT. BEGINNING IN 1973, THE DATA INDICATE THE DIST RIB UT ION OF FUNDS ACTUALLY EXTENDED BY EACH LENDER GROUP. 60 TABLE 6 5 1 .1 PERCENTAGE YEAR ENDING MARCH 1 I 1 1 I 1 1 .1 .1 ,1 .1 1 1 1 D IS TR IB U TIO N OF FARM REAL TOTAL COMPLETE FARM PART OF ANOTHER FARM ESTATE TRANSFERS METHOD OF OPE RA TI ON A F T E R METHOD OF OPE R AT IO N BEFORE SALE PART-TIM E FARM TOTAL COMPLETE FARM SALE PA RT-TIM E PART OF FARM ANOTHER FARM____ 100. 100. 100. 100. 100. 100. 73. 71. 70. 69. 66. 65. 22. 24. 24. 26. 28. 29. 5. 5. 6. 5. 6. 6. 100. 100. 100. 100. 100. 100. 65. 62. 60. 55. 53. 49. 29. 32. 33. 38. 39. 42. 6. 6. 7. 7. 8. 9. 1 9 6 0 ........... .1 1 9 6 1 . . . . , .1 1 9 6 2 ........... ,| 1 9 6 3 ........... ,1 1 9 6 4 ........... ,1 1 9 6 5 . . . . . ,1 1 9 6 6 . . . . . .1 1 9 6 7 . . . . , .1 1 9 6 8 ........... .1 1 9 6 9 ........... .1 1 100. 100. 100. 100. 100. 100. 100. 100. 100. 100. 65. 64. 62. 62. 60. 58. 57. 55. 50. 52. 30. 31. 32. 31. 34. 35. 35. 36. 38. 38. 5. 5. 6. 7. 6. 7. 8. 9. 12. 10. 100. 100. 100. 100. 100. 100. 100. 100. 100. 100. 48. 46. 46. 43. 42. 38. 35. 3 5. 29. 27. 44. 46. 46. 48. 50. 53. 54. 53. 57. 60. 8. 8. 8. 9. 8. 9. 11. 13. 14. 13. 1 9 7 0 ........... >| 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 9 7 7 ........... ,1 1 9 7 8 ........... .1 1 9 7 9 ........... ,1 100. 100. 1 00 . 100. 100. 100. 100. 100. 100. 100. 49. 46. 50. 52. 53. 45. 49. 43. 45. 42. 40. 44. 41. 39. 37. 45. 42. 47. 45. 48. 11. 10. 9. 9. 10. 10. 9. 10. 10. 10. 100. 100. 100. 100. 100. 100. 100. 100. 100. 100. 25. 26. 30. 31. 34. 28. 29. 25. 29. 26. 61. 59. 56. 57. 54. 59. 59. 63. 58. 63. 14. 15. 14. 12. 12. 13. 12. 12. 12. 11. 1 9 5 4 .... 1 9 5 5 .... 1 9 5 6 .... 1 9 5 7 .... 1 9 5 8 .... 1 9 5 9 .... J___ TA BL E 6 5 2 . 1 PERCENTAGE D I S T R I B U T I O N OF FARM REAL 1 1 1 1 COMPLETE FARM 1 i YEAR 1 1 ENDING 1 TOTAL | INTENDED OPERATION AFTER SALE— MARCH 1 I i PART OF PART-TIME 1 1 COMPLETE FARM ANOTHER FARM 1 1 __ FARM___ 1 1 1 1 58. 13. 1954........... 1 100. | 2. 1955........... I 14. 100. | 55. 2. 1956........... 1 3. 100. t 52. 15. **** **♦* **♦* 1957.......... 1 j 1958.......... I 100. I 4 5. 18. 3. 1959.......... 1 19. 100. I 43. 3. 1 j 1960........... 1 2 0. 42. 100. I 3. 1961........... 1 40. 100. 1 21 . 3. 1962.......... 1 100. | 3 9. 20. 3. 1963.......... 1 100. | 37 . 22. 3. 1964........... 1 100. I 35. 22. 3. 1965........... | 100. J 32 . 2 3. 3. 1966.......... 1 100. I 2 9. 2 4. 4. 1967........... 1 100. I 30 . 21 . 4. 1968 .......... 1 100. | 23. 2 3. 4. 1969........... 1 100. | 22. 26 . 4. j 1 1970.......... 1 25 . 100. I 19. 5. 1971........... 1 100. I 21 . 21. 4. 1972........... 1 100. | 25. 21. 4. 1973 .......... 1 100. I 26 . 2 3. 3. 1974........... 1 100. | 28 . 22. 3. 1975........... 1 100. I 21 . 21 . 3. 1976.......... 1 100. 1 24. 23 . 2. 1977........... 1 100. I 19. 2 1. 3. 1978........... 1 100. | 2 4. 2. 19. 1979........... i 100. | 20. 2. 21. 1 _____________L ESTATE TRANSFERS METHOD OF OPERATION BEFORE SALE— PART OF ANOTHER FARM PA RT-TIME FARM I INTENDED OPERATION AFTER SALE— 1 INTENDED OPERATION AFTER S A L E 1 1 PART OF PA RT -TI ME | COMPLETE | COMPLETE PART OF PA RT-TIME FARM ANOTHER FARM | | FARM ANOTHER FARM FARM 1 1 __ FARM______ 1 1 6. 15. 1. 1. 1 3. 1. 1 17. 1. 6. 1 1. 3. 1. 1 i 6. 17. 2. 1. 3. 1. 1 | **** ***♦ **♦* **** ♦*** j ♦*** 6. 21. 1. 1. 4. 1 1. 1 1 5. 22. 2. 1 1. 1. 4. I1 1 1 1# 5. 23. 2. 1 3. 1. 1 5. 24. 1 1. 1. 2. 1 3. 1. 6. 24. 1 2. I 2. 3. 5. 24. 1. 1 2. 1 2. 4. 6. 26. 1 2. 1 1. 2. 3. 4. 1 5. 28. 2. 1 1. 2. 27. 1 5. 4. 3. 1 1. 3. 4. 1 28. 4. j I. 3. 5. 4. 30. 4. | 6. | 2. 4. 4. 30. | 4. I 1. 4. 5. l < 1 1 4. 32. 5. 1 4. | 2. 4. 4. 34. j 6. | 5. 4. 1. 4. 32. J 5. 5. | 3. 1. 1 4. 31. 5. 3. 4. | 1. 1 4. 29. 5. 4. 4. | 1. 35. 4. 5. 1 5. 5• | 1. 4. 34. 1 3. 4. | 1. 5. 5. 38. 4. 1 4. | 5. 1. 36. 4. 5. 1 4. | 1. 5. 39. 4. 5. 1 4. | 1. 4. _ L 1. 61 PERCENTAGE DISTRIBUTION OF FARM REAL ESTATE TRANSFERS TYPE OF BUYER YEAR END II ACTIVE FARMER ACTIVE FARMER NONFARMER 1 MARCI TENANT TENANT OWNERO P F R A T flR NUMBER OF TRANSFERS I 1 NONFARMER OWNER1 OPERATOR 1 ______ ACRES TRANSFERRED 35. 36. 33. 33. 33. 29. 29. 30. 32. 31. 33. 31. 30. 32. 33. 34. 35. 34. 36. 37. 32 . 33. 37. 36 . 34. 3 7. 36. 36 . 32. 33. 4444 44*4 4**4 44*4 *4*4 *44* **** *44* 4**4 44*4 4*44 4**4 4**4 4*44 *4*4 444* *444 44*4 44*4 *444 **** **** *444 4**4 *4*4 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 29. 24. 25. 24. 24. 24. 22. 20. 20. 19. 37. 38 . 38. 38. 38. 39. 38. 40. 40. 41. 34. 38. 37. 38 . 38 . 37 . 40. 40 . 40. 40. 4444 44*4 4444 4444 4444 4444 *44* 4*44 4*44 1960 1961 1962 1963 1964 1965 1966, 1967 1968 1969, 16. 17. 17. 15. 16. 16. 13. 13. 11. 12. 47. 4 8. 48. 51. 48. 51. 54. 51. 48. 48 . 37. 35. 35. 34 . 36. 33. 34. 3 6. 41. 40 . NONFARMER |1 IL 1970 1971 1972 1973 1974 1975, 1976 1977, 1978, 1979, 13. 11. 47. 51. 40 . 38 . **** 4444 4*44 *4*4 44*4 4444 4**4 4*44 **** 44*4 444* 4444 44*4 *4*4 4*44 4444 44*4 4*44 4*4* *4*4 4*44 4**4 4*44 4*44 4*44 44*4 4444 4*4* *444 444* *44* *444 *4*4 4**4 4*44 *444 4444 4*44 *4*4 *4*4 4**4 *4*4 *444 4*44 *444 4444 444* *4*4 4*44 4444 4444 4444 4*44 4444 4*44 *444 *444 4*44 4*4* 4**4 4444 4*44 444* 44*4 *44* *444 4444 4444 4444 4*44 *4*4 4444 *44* 4*44 4444 *444 *444 4*44 *444 4444 *4*4 444* 44*4 444* 4444 4*44 4444 4444 *4*4 4444 4444 4444 444* 4**4 4444 *4*4 *44* 44*4 *4*4 4444 4444 *4*4 4444 4444 i | _ ..........-1| OWNEROPERATOR VALUE TRANSFERRED 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 **** 444* 4*44 4**4 4*44 44*4 *444 444* 4*44 *44* 4444 4444 4444 4*44 4**4 44*4 **** *444 4444 4444 44*4 4*4* *44* 4**4 4444 4444 4*44 4444 444* 4444 4*4* 4444 444* 44*4 4**4 4444 4444 444* 4444 444* 4*44 4**4 4444 *44* 44*4 444* 4**4 4444 4444 4*44 *44* 4444 *44* 4444 *44* 4444 4444 11. 58. 31. 12. 58. 30. 4*44 *444 4*44 *444 4444 4444 444* *4*4 *4*4 *4*4 4**4 *4*4 4444 44*4 4*44 4**4 4444 44*4 12. 51. 3 7. 7. 53. 40. 7. 48. 45 . 4444 4*44 *44* 4*44 *4*4 *4*4 4*44 4444 44*4 11. 53. 37. 8. 57. 35. 8. 58. 34. 44*4 444* *444 *444 4444 4444 *444 4444 444* 15. 5 1. 34 . 11. 55. 34. 12. 59. 30. INCLUDES RETIRED FARMERS. ACTIVE FARMER TENANT ADDITIONAL DETAIL IS SHOWN 62 TABLE 654.1 PERCENTAGE DISTRIBUTION OF FARM REAL ESTATE TRANSFERS 1 | 1 1 1 YEAR ENDING MARCH 1 TYPE OF SELLER TOTAL ACTIVE FARMER ESTATE RETIRED FARMER | 1 I OTHER TOTAL LOCAL ABSENTEE OTHER J___________ MQNEAfiflEB____ 1 9 4 9 . . . ..1 100. 53. 17. 16. 14. **** **** 14. 1 95 0... 1 95 1... 1952... 1953... 1954... 1 95 5... 1956... 1957... 1 95 8... 1 9 5 9 . . . ..1 100. 100. 100. 100. 100. 100. 100. 100. 100. 100. 53. 54. 55. 54. 52. 54. 52. 51. 47. 38. 16. 16. 15. 14. 15. 16. 17. 18. 20. 20. 15. 14. 14. 16. 16. 15. 16. 15. 17. 16. 17. 17. 16. 16. 17. 15. 15. 16. 16. 26. **** 17. 17. 16. 16. 17. 15. 15. 16. 16. 100. 100. 100. 100. 100. 100. 100. 100. 100. 100. 50. 49. 49. 48. 48 . 48. 36. 38. 36. 39. 13. 14. 14. 15. 14. 15. 19. 16. 15. 16. 11. 12. 12. 12. 13. 12. 18. 17. 16. 16. 26. 25. 25. 26. 26. 25 . 27. 30. 33. 29. . . 1 . . 1 **** **** ♦ *** **** **** **** **** **** **** **** **** **** **** **** **** **** **** 12. 14. **** 13. 13. ***♦ **** **♦ * 25. 12. 13. 13. 12. 13. 14. 14. 14. 13. 13. 13. 13. 14. 16. 19. 15. **** **** 1 I 1 96 0... 1961... 1962... 1963... 1964... 1965..., . . l 1966... 1967... 1 96 8... 1 96 9... . . . 1 . . . 1 . . . 1 . . . 1 **** **** **** **** **** **** 1 1 97 0... 1 97 1... 1 97 2... 1 9 7 3 . . . ..1 1 97 4... 1 97 5... 1976... 1 97 7... 1978......1 1979. . . . . . 1 , . . 1 . . . 1 . . . 1 _ 1 100. 100. 38. 38. 16. 15. 18. 19. 28. 28. 14. .1 3. 14. 15. **** **** **** *♦ ** ♦ *** **** ♦ *** **** **** **** *♦ ** **♦ * **** **** **** **** **** **** ***♦ **** ***♦ *♦ ** ♦ *** *♦ ** **** 100. 37. 15. 18. 30. 12. 13. 5. **** **** **** **** »*** **** **** **** 100. 36. 15. 19. 31. 13. 13. 5. ♦ *** **** **** **** **** **** **** 39. 14. 18. 28. 11. 12. 5. 100. ___ THE D E F IN IT IO N OF " A CT IV E FARMER" WAS CHANGED IN 1966. I T APPEARS THAT COMPARABILITY OF THESE SERIES OVER TIME IS ALSO AFFECTED BY VARIATIONS IN THE USE AND D E F IN IT IO N OF THE "OTHER" CATEGORY. ALSO SHOWS PERCENTAGE DIST RIB UT IONS OF ACRES AND VALUE SOLD. TABLE 655.1 PERCENTAGE D IS TRI BUT ION OF FARM REAL ESTATE TRANSFERS | YEAR ENDING MARCH 1 i 1 | 1972 1973 1974 1975 1976 1977 1978 1979 ........ | ........ | ........1 ........ | ........ | ........ | ........| ........| PROBABLE USE OF PROPERTY FIV E YEARS AFTER PURCHASE FARMING ONLY RESIDENTIAL OTHER | NUMBER OF TRANSFERS 81. 83. 83. 85. 85. 80. 81. 84. 14. 12. 12. 10. 11. 13. 14. 11. | 1 5. 5. 5. 5. 4. 7. 5. 5. I | I I | | 1 j FARMING ONLY RESIDENTIAL FARMING ONLY OTHER ACRES TRANSFERRED 9 0. 9 3. 91 . 93. 93 . 9 1. 90. 93. 8. 4. 6. 3. 3. 4. 7. 3. RESIDENTIAL OTHER VALUE TRANSFERRED 2. 3. 3. 4. 4. 5. 3. 4. I | | | | | | | 85. 88. 87. 91. 92. 90 . 39. 9 1. 12. 8. 9. 6. 5. 6. 8. 6. 3. 4. 4. 3. 3. 4. 3. 3. _________ I_________________________________ I_________________________________ L_____________________________ "R ES ID EN TI A L" IS THE SUM OF "RURAL RESIDENCE" AND "S U B D IV IS IO N " USES LISTED IN DEVELOPMENTS. WHICH ALSO SHOWS FURTHER DETAIL FOR THE "OTHER" CATEGORY AS WELL AS DATA ON AVERAGE ACREAGE AND PER-ACRE VALUE BY THE VARIOUS PROBABLE FUTURE USES. NOVEMBER 1979 AGRICULTURAL FINANCE DATABOOK— ANNUAL SERIES 700 F l OW O F 710 FARM 711 FUNDS CAPITAL CAPITAL 711.1 711.2 712 NET CAPITAL 724 FOR SEE ITS FINANCING OF THE FL OW OF FUNDS ACCOUNTS, 1946-DATE FL OWS AND U S E S OF F U N D S ................ .. ............................................................................................... 6 6 AND OF F U N D S ...................................................................* ............................................. 6 7 FOR USE S SOURCES MA J O R S O U R C E S C R E D I T MA R K E T DETAIL 7 2 4 . 1A SOURCE 1950-DATE F L OWS SOURCES DETAIL 7 2 3 . 1A 7 2 3 . 2A SECTOR AND C A P I T A L SOURCES CAPITAL 7 2 2 . 1A 723 FINANCING, FINANCING FL OW AND BUSINESS I NCOME 7 2 1 . 1A 722 ITS ITS A M O U N T S ............................................................................................................................................................................. 6 5 A N A L Y T I C A L R A T I O S ......................................................................................................................................... . . 6 5 FARM 721 AND AND A M O U N T S .............................................................................................................................................................................6 4 A N A L Y T I C A L R A T I O S ...................................................................................................... ...64 712.1 712.2 720 F L OW F L OW F OR OF F U ND S OF F U N D S ...........................................................................................................................68 I N S T R U M E N T S ..................................... ..............................................................................6 9 USES OF FUNDS MA J OR- U S E S QF F U N D S ..................................................................................................................................... 7 0 S E C T I O N 7 1 0 , F ROM S E C T I O N S 1 0 0 , 5 0 0 , 6 0 0 , 8 0 0 , AND 9 0 0 ; S E C T I O N 7 2 0 , F L OW O F F U N D S A C C O U N T S . FLOW OF F U N D S S E C T I O N , D I V I S I O N OF R E S E A R C H AND S T A T I S T I C S , B OARD OF G O V E R N O R S O F T H E F E D E R A L R E S E R V E S Y S T E M . A B A S I C P R E S E N T A T I O N AND C O M P A R I S O N OF T H E S E R I E S " T H E F A RM 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 OF S TATISTIC AL ASSOCIATION, 1971, D A T A AN D A N A L Y T I C A L R A T I O S S U C H DISCUSSED IN "ANALYTICAL RATIOS PP. I N S E C T I O N S 71C AND 7 2 0 , FUNDS A C C O U N T S , " 1 9 7 0 571-576. AS T H O S E P R E S E N T E D I N S E C T I O N 7 1 0 ARE B A S E D ON A F A RM S E C T O R C A S H FLOW S T A T E M E N T : A P R I L 1 4 - 1 5 , 1 9 7 7 , A G R I C U L T U R A L E C O N O M I C R E P O R T 4 1 2 , U . S . D E P A R T M E N T OF A G R I C U L T U R E , N OVE MBE R 1 9 7 8 , P P . 1 1 6 - 1 1 9 . P A P E RS U S I N G T H E D A T A AND R A T I O S I N S E C T I O N 7 1 0 I N C L U D E " S O M E C U R R E N T A S P E C T S OF A G R I C U L T U R A L F I N A N C E AND B A N K I N G 1 9 7 7 , P P . 9 6 7 - 9 7 2 , AND " A R E V I E W OF S E L E C T E D F A RM F I N A N C I A L D E V E L O P M E N T S , " P R E S E N T E D AT T H E A G R I C U L T U R A L O U T L O O K C O N F E R E N C E , U . S . D E P A R T M E N T OF A G R I C U L T U R E , N OVE MBE R 7 , 1 9 7 9 . I N S E C T I O N 7 2 0 , T I T L E S AN D / O R D E F I N I T I O N S OE SOME S E R I E S D I F F E R F ROM T H O S E OF S I M I L A R US DA S E R I E S B E 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 USED I N N ON—U S D A S O U R C E S ( S E E I N T R O D U C T I O N T O F L O W QF F U N D S . F E D E R A L R E S E R V E B O A R D , FEBRUARY 1 9 7 5 ) . 63 64 TABLE 7 1 1 .1 CAPITAL FLOW AND IT S FINANCING AMOUNTS IN MILLIONS OF DOLLARS 1 1. 1 YEAR | 1 1 1 1 1 9 5 0 ...| 1 9 5 1 ...| 1 952...1 1 9 5 3 ...| 1 9 5 4 ...i 1955...1 1 9 5 6 ...| 1957.. .| 1958.. . | 1 9 5 9 ...| 1 1 9 6 0 ...| 1 9 6 1 ...| 1 9 6 2 ...| 1963.. . | 1964...1 1 9 6 5 ...| 1 9 6 6 ...| 1 9 6 7 ...| 1 9 6 8 ...| 1 9 6 9 ...| 1 1 9 7 0 ...| 1 9 7 1 ...| 1 97 2...1 1 9 7 3 ...| 1 9 7 4 ...| 1 9 7 5 ...| 1 9 7 6 . . «| 1 977...1 1 9 7 8 ...| 1 9 7 9 ...| CAPITAL FLOW TOTAL 1 REAL ESTATE I I PURCHASES 1. I FROM | (DISCONTINUING| TOTAL 1 PROPRIETORS 1 I FINANCING OF CA PIT AL FLOW I INTERNAL FUNDS INCREASE IN DEBT 1 1 1 FARM CASH FLOW 1 ADOENDUM: CAPITAL FORMATION BUILOINGS MACHINERY AND LAND IMPROVEMENTS LIVESTOCK STORED CROPS FIN AN CIA L ASSETS TOTAL 7762. 8915. 7842. 63 66. 718 8. 71 99 . 5773. 7584. 8956. 6 930. 2304. 2451. 2401. 2171. 2296. 2589. 2655. 286 1. 3081. 3165. 5458. 6464. 5441. 4195. 4892. 4610. 3118. 4723. 5875. 3765. 1522. 1599. 1614. 1527. 1425. 1385. 1392. 1411. 1355. 1654. 3152. 3321. 2966. 3201. 2739. 2760. 2406. 2512. 3150. 3414. 6 07 . 1017. 579. -81. 260. 18. -3 45 . -211. 576. 418. 205. 167. 342. -5 42 . 231. 197. -1 1 1 . 829. 248. -4 04. -2 8 . 360. -6 1. 90. 2 37 . 250. -2 24 . 182. 545 . -1317. ( 1 1 1 I 1 i 1 I ( 7762. 8915. 7842. 636 6. 7188. 7199. 5773. 7584. 8956. 6930. 62 56. 7098. 69 82 . 6 73 8. 62 9 0. 5718. 491 4. 616 9. 6 97 6. 4496. 1506. 1817. 860 . -3 7 2 . 898 . 1481. 859. 1415. 1980. 243 4. 1 I 1 1 I 1 1 1 1 1 17546. 20449. 19708. 17648. 17113. 16062. 16086. 16027. 18340. 16041. 7468. 8144. 9309. 953.9. 90 64 . 11723. 11442. 12998. 11677. 11685. 3067. 3264. 335 4. 36 35 . 3862. 4311. 46 46 . 4 44 9. 4308. 432 6. 4401. 488 0. 5955. 5904. 5202. 7412. 6796. 8549. 7369. 7359. 1686. 1748. 1832. 1886. 1918. 1926. 2077. 2314. 2146. 2340. 2802. 2866. 3190. 3525. 3770. 4179. 4611. 5132. 4550. 4525. 8 9. 372. 585. 396. -38. -175. 221. 82. 218. 222. 308. -36. 35. 233 . -7 79 . 1217. -3 0 4 . 575. -94. -1 23 . -4 84 . -7 0 . 313. -1 36 . 33 1. 265 . 191. 446. 549. 39 5. I | 1 I | 1 1 1 1 1 7468. 8144. 9309. 9539. 9064. 11723. 11442. 12998. 11677. 11685. 6 28 9. 63 33 . 6 57 7. 64 1 0. 62 6 4. 7734. 7821. 9893. 986 8. 9 12 0. 1179. 1810. 27 3 2. 31 28 . 28 00. 39 89. 3621. 31 06 . 1808. 25 66 . 1 1 1 1 1 1 1 1 1 1 16979. 17691. 18061. 18089. 17050. 19896. 21 367. 20002. 20 521. 22 928. 11803. 15261. 18226. 25784. 19923. 26244. 23840. 28032. 31356. 37028. 412 1. 5702. 8132. 10641. 8596. 8866. 10875. 10446. 11332. 12698. 7682. 9559. 10094. 15143. 11327. 17378. 12965. 17586. 20024. 24330. 2367. 248 4. 235 0. 3062. 4395. 46 84. 5031. 5657. 6199. 6850. 491 8. 4873. 5695. 7647. 8195. 8653. 9997. 10462. 11988. 13700. 665. 460. 445. 1818. 454. -1044. -6 82 . -1 3 2 7 . -1502. 1500. -6 59. 937. 416. 1588. -2065. 4444. -1684. 2384. 2564. 1600. 391. 805. 1188. 1028. 348. 641. 30 3. 41 0. 775. 6 80 . 1 I 1 1 1 I 1 1 1 1 11803. 15261. 18226. 25784. 19923. 26244. 23840. 28032. 31356. 37028. 9545. 11017. 11526. 15949. 11796. 17284. 12694. 14869. 13910. 15896. 22 57 . 42 4 4. 6700. 98 3 5. 8127. 8960. 11146. 13163. 17446• 21132. 1 1 1 1 1 1 1 1 1 1 23043. 24229. 30043. 47 97 3. 41 79 3. 41661. 36715. 38973. 49241. 54900. __ L "REAL ESTATE PURCHASES" IS AN ESTIMATED PROPORTION OF REAL ESTATE TRANSFERS IT AB LE 6 3 2 . 1 ) . BEFORE 1965 TRANSFERS ARE ESTIMATED FROM REAL ESTATE ASSETS (TAB LE 5 1 1 . i l AND TRANSFER RATES (TAB LE 6 3 1 . 1 ) . CAPITAL FORMATION CONSISTS OF BUILDING AND MACHINERY EXPENDITURES (TABLE 8 1 0 . 1 ) , NET ADDITIONS TO LIVESTOCK AND STORED-CROP INVENTORIES (T ABLE 9 2 1 . 1 ) , AND NET CHANGES IN CURRENCY, BANK DEPOSITS, AND U . S . SAVINGS BONDS (T ABLE 5 2 1 . 2 ) . "INCREASE IN DEBT" EXCLUDES CCC LOANS (T AB LE 1 1 1 . 2 ) . FINANCING FROM "INTERNAL FUNDS" IS TOTAL CAPITAL FLOW LESS T H IS DEBT FINANCING. "FARM CASH FLOW," WHICH INCLUOES UNREAl IZEO AND NCNMONEY INCOME, IS DEFINED IN TABLE 9 4 1 . 1 . TABLE 711.2 CAPITAL FLOW AND I T S FINANCING ANALYTICAL RATIOS 1 1 I YEAR | 1 1 1_ 1 1 9 5 0 ...| 1 9 5 1 ...| 1 9 5 2 ...| 1 95 3...( 1 9 5 4 ...| 1 9 5 5 ...| 1 9 5 6 ...| 1 9 5 7 ...| 1 9 5 R . .. | 1 9 5 9 ...( | I9 6 0 ...) 1 9 6 1 ...| 1 9 6 2 ...| 1 9 6 3 ...I 1 964...1 1 9 6 5 .. • ( 1966...1 1 9 6 7 ...| 1 9 6 8 ...| 1 9 6 9 ...| | 1 9 7 0 ...| * 9 7 1 ...| 1 9 7 2 .. • ( 1 973...1 1 97 4 ...I 1 9 7 5 ...| 1976...1 1 9 7 7 ...| 1978...1 1 97 9 ...I _____ L CAPITAL FLOWS AS PERCENTAGE OF FARM CASH FLOW TCTAL CAPITAL FLOW REAL ESTATE PURCHASES FROM DISCONTINUING - - PROPRIETORS CAPITAL FORMATION 4 4 .2 4 3 .6 3 9 .8 36.1 4 2. 0 4 4 .8 35.9 * 7. 3 4 8 .8 43.c 13.1 1 2. 0 12 .2 12.3 1 3. 4 16.1 16.5 1 7.9 16.8 19.7 31.1 3 1.6 2 7 . t» 2 3. 8 2 8 .6 2 8. 7 19.4 2 9.5 32.0 2 3.5 * 4. 0 4 6 .0 5 1. 5 5 2. 7 5 3 .2 5 8 .9 5 3 .6 65.0 5 6 .9 5 1 .0 18.1 1 8 .4 18 .6 2 0.1 22.6 2 1 .7 2 1 .7 2 2 .2 2 1 .0 1 8 .9 2 5 .9 2 7 .6 3 3 .0 3 2 .6 3 0. 5 3 7. 3 3 1 .8 4 2 .7 3 5 .9 3 2.1 5 1. 2 63.0 60.7 5 3 .7 4 7 .7 6 3 .0 64.9 7 1 .9 6 3 .7 67.4 1 7 .9 2 3 .5 2 7 .1 2 2 .2 20.6 21.3 29.6 26.8 23.0 2 3 .1 3 3 .3 3 9 .5 3 3 .6 3 1 .6 2 7. 1 41.7 3 5 .3 4 5. 1 4 0 .7 4 4 .3 THE RATIOS SHOWN .iRE COMPUTED FROM OATA IN TABLE 711.1 I | 1 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 1 1 -1 FINANCING AS PERCENTAGE OF FARM CASH FLOW INTERNAL DEBT 35.7 34.7 3 5 .t 3 8.2 3 6.8 35 .6 3 0.6 3 8.5 3 8 .0 2 8 .0 8. 6 8 .9 4.4 -2 .1 5 .2 9.2 5. 3 8 .8 10.8 15.2 37.0 3 5 .8 3 6 .4 3 5. 4 3 6.7 3 8. 9 3 6 .6 4 9 .5 48.1 3 9.3 6 .9 10.2 15.1 17.3 16.4 2 0. 0 16.9 15.5 8 .8 11.2 4 1 .4 45 .5 3 8. 4 3 3. 2 2 8.2 4 1.5 3 4.6 3 3. 2 2 8 .2 2 9 .0 9 .8 1 7.5 2 2. 3 2 0 .5 19 .4 2 1 .5 3 0 .4 3 3. 8 3 5 .4 3 8 .5 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 l 1 1 1 1 1 1 1 1 ( 1 1 1 1 1 1 I 1 1 1 ( 1 I 1 1 — 1__ DEBT FINANCING AS PERCENTAGE OF— CAPITAL FLOW CA P IT AL FORMATION 1 9.4 2 0 .4 1 1 .0 -5 .9 1 2.5 20.6 1 4 .9 1 8. 7 22 .1 35.1 2 7. 6 28.1 15.8 -8 .9 18.4 32.1 27 .5 3 0.0 3 3.7 64 .6 1 5.8 2 2 .2 2 9 .3 3 2 .6 3 0 .9 3 4 .0 3 1 .7 2 3 .9 15 .5 2 2 .0 26.8 37.1 4 5. 9 5 3. 0 5 3. 8 5 3. 8 5 3.3 3 6 .3 2 4 .5 3 4. 9 19.1 2 7 .8 3 6 .8 3 8 .1 4 0 .8 3 4.1 4 6 .8 47.0 5 5 .6 5 7.1 2 9 .4 44.4 66.4 6 4 .9 7 1 .8 5 1 .6 8 6 .0 7 4 .9 8 7 .1 8 6 .9 TABLE 712.1 65 NET CAPITAL FLOW ANO IT S FINANCING AMOUNTS IN MILLIONS OF DOLLARS YEAR 1 1 1 REAL ESTATE | 1 1 PURCHASES 1 1 I TOTAL 1 FROM | 1DISCONTINUING! TOTAL 1 NET CAPITAL FLOW NET CAPITAL FORMATION BUILDINGS ANO LAND MACHINERY LIVESTOCK STORED CROPS (FINANCING OF NET CAPITAL FLOW 1 1 INCREASE 1 INTERNAL IN FINANCIAL 1 TOTAL ASSETS FUNDS DEBT 1 ADDENDUM: NET FARM INCOME .1-£&0££1E.IGB£.I_______ IM£RflttEaEm£. 1950... 1 9 5 1 .. 1 9 5 2 .. 1 9 5 3 .. 1 9 5 4 .. 1 9 5 5 .. 1956... 1 9 5 7 .. 1 9 5 8 .. 1 9 5 9 .. I 1 I 1 I 1 I 1 | I 5097. 5768. 4516. 2912. 3607. 3499. 2050. 3671. 49 45. 2679. 2304. 2451. 2401. 2171. 2296. 2589. 2655. 2861. 3081. 3165. 2793. 3317. 2115. 741. 1311. 910. -6 05 . 810. 1864. -4 86 . 74 0. 655 . 709 . 590. 4 19 . 313. 379. 323. 272 . 505. 1269. 1118. 545. 684. 164. 132. -3 04 . -3 1 3 . 222. 312. 607 . 1017. 579. -81. 260. 18. -345 . -2 11 . 576. 4:8 . 205. 167. 342. -5 42 . 231. 197. -1 1 1 . 829. 248. -404. -2 8 . 360. -6 1 . 90. 237. 250. -2 24 . 182. 545. -1317. 1 1 1 1 I 1 1 i I 1 5097. 5768. 45 1 6. 2912. 3607. 3499. 2050. 3671. 494 5. 2679. 3591. 3951. 3656. 3284. 2709. 2018. 1191. 2256. 2965. 245. 1506. 1817. 860. -3 7 2 . 8 98 . 1481. 859 . 1415. 1980. 2434. I I ) | | 1 I 1 I 1 14881 * 17302. 16382. 14194. 13532. 12362. 12363. 12114. 14329. 11790. I9 6 0 .. 1 9 6 1 .. 1 9 6 2 .. 1 9 6 3 .. 1 9 6 4 .. 1 9 6 5 .. 1 9 6 6 .. 1 9 6 7 .. 1 96 8. . 1 9 6 9 .. | | I | | | | | | I 3131. 3756. 4779. 4343. 416 1. 6612. 6058. 7217. 5477. 5111. 3067. 3264. 3354. 3635. 3 862. 4311. 4646. 4449. 4308. 4326. 64. 492. 1425. 1208. 299. 2301. 1412. 2768. 1169. 785. 475. 483. 506. 4 76 . 40 7. 322. 431. 527. 224 . 212. -3 24 . -2 57 . -1 4. 237. 378. 672. 873. 1138. 272. 79. 89. 372. 585. 396. -3 8. -1 75 . 221. 82. 218. 222. 308. -36. 35. 233. -7 79. 1217. -3 0 4 . 575. -9 4. -1 23. -4 84 . -7 0. 313. -136 . 331. 265. 191. 446. 549. 395. 1 1 1 I 1 I 1 1 1 1 3131. 3756. 477 9. 48 4 3. 4161. 6612. 605 8. 7217. 5477. 5111. 1952. 1945. 2047. 1714. 1361. 2623. 2437. 4112. 3668. 2546. 1179. 1810. 2732. 3128. 2800. 3989. 3621. 3106. 1808. 2566. I I 1 1 1 1 I I 1 | 12642. 13303. 13531. 13393. 12147. 14785. 15983. 14221. 14321. 16354. 1 9 7 0 .. 1 9 7 1 .. 1 9 7 2 .. 1 9 7 3 .. 1 9 7 4 .. 1 9 7 5 .. 1 9 7 6 .. 1 9 7 7 .. 1 9 7 8 .. 1 9 7 9 .. | | I | | | | 1 I I 5043. 7911. 10339. 16839. 9360. 13658. 10027. 12876. 14708. 18428. 4121. 5702. 8132. 10641. 8596. 8866. 10875. 10446. 11332. 12698. 922. 2209. 2207. 6198. 764. 4792. -8 48. 2430. 3376. 5730. 199. 99. -2 8 3 . -4 9 . 745. 55 1. 719. 824. 776. 865. 326. -9 2 . 441 . 1813. 1282. 200. 496 . 139. 763. 1085. 665. 460. 44 5. 1818. 454. -1 04 4. -6 82 . -1327. -1502. 1500. -6 59. 937. 416. 1588. -2065. 4444. -1684. 2384. 2564. 1600. 391. 805. 1188. 1028. 348. 641. 303. 410. 775. 680. 1 I I I I I 1 I 1 1 5043. 7911. 10339. 16839. 9360. 13658. 10027. 12876. 14708. 18428. 2785. 3667. 3639. 7004. 1233. 4698. -1119. -2 8 7 . -2 73 8. -2704. 225 7. 4244. 6700. 98 35 . 8127. 8960. 11146. 13163. 17446. 21132. I | 1 1 1 1 1 1 1 I 16283. 16879. 22156. 39028. 31230. 29075. 22902. 23817. 32593. 36300. NET CAPITAL FORMATION OF BUILDINGS AND LAND IMPROVEMENTS AND OF MACHINERY ARE CAPITAL EXPENDITURES (TABLE 8 1 0 .1 ) LESS CAPITAL CONSUMPTION (T A3 LE 8 2 0 . 1 ) . THE RESULT I S ALSO KNOWN AS CAPITAL NET INVESTMENT (T ABLE 8 3 0 . 1 ) . OTHER CAPITAL FLOW SE RIE S, AS WELL THE INCREASE IN DEBT, ARE THE SAME AS IN TABL£ 7 1 1 . 1 . THE PRESENTATION HERE THUS DIFFERS FROM THAT IN TABLE 7 11 .1 BY RECORDING AN EXAMINING THE FINANCING OF ONLY THOSE AMOUNTS BY WHICH CAPITAL FLOW EXCEEDS CAPITAL CONSUMPTION ALLOWANCES. "NET FARM INCOME," WHICH INCLUDES UNREALIZED AND NONMONEY INCOME, IS FARM CASH FLOW AS DEFINED IN TABLE 7 11 .1 LESS CAPITAL CONSUMPTION ALLOWANCES. TABLE 712.2 NET CAPITAL FLOW AND IT S FINANCING ANALYTICAL RATIOS YEAR 1 1 I 1 1 1 CAPITAL FLOWS AS PERCENTAGE OF NET FARM INCOME NET CAPITAL FLOW REAL ESTATE PURCHASES FROM DISCONTINUING NET CAPITAL FORMATION I | FINANCING AS PERCENTAGE OF NET FARM INCOME 1 INTERNAL DEBT | 1 1 1 | 1 DEBT FINANCING AS PERCENTAGE OF— NET CAPITAL FLOW NET CAPITAL FORMATION 2 9 .5 3 1 .5 1 9. 0 -1 2 .8 2 4 .9 4 2 .3 4 1 .9 3 8 .5 4 0 .0 9 0 .8 5 3 .9 5 4. 8 4 0 .7 -5 0 .3 6 8 .5 162.8 * 174.8 106.2 ♦ 3 7 .7 4 8 .2 57.2 6 4 .6 6 7 .3 60.3 5 9 .8 4 3 .0 33.0 5 0 .2 18 42.9 3 6 8 .0 19 1.7 2 59 .0 9 3 6 .4 17 3.4 25 6 .5 112.2 154.7 32 6 .8 4 4 .8 5 3.7 6 4.8 5 8 .4 8 6 .8 65.6 111.2 102.2 11 8.6 114.7 2 44 .8 192.1 3 03 .6 1 58 .7 1063.8 18 7.0 * 5 41 .7 51 6 .8 3 6 8 .8 EBflgBlEIQBS. 1 9 5 0 ...| 1 9 5 1 ...| 1952...1 1 9 5 3 ...| 1 9 5 4 ...| 1 9 5 5 ...| 1 9 5 6 ...| 1957...1 1 9 5 8 ...| 1 9 5 9 ...| 3 4.3 3 3.3 2 7.6 2 0. 5 2 6 .7 2 8 .3 16.0 3 0. 3 3 4. 5 2 2 .7 15 .5 14.2 1 4. 7 15.3 17.0 2 0 .9 2 1 .5 2 3 .6 2 1 .5 2 6 .8 18.8 19.2 12.9 5. 2 9 .7 7 .4 -4 .9 6 .7 13.0 -4 .1 1 1 1 1 i I | I | 1 2 4 .1 2 2 .8 2 2 .3 2 3 .1 2 0 .0 16 .3 9. 6 18.6 2 0 .7 2 .1 10.1 10.5 5 .3 -2 .6 6.6 12.0 6.9 1 1.7 13.8 2 0. 6 1 9 6 0 ...| 1 9 6 1 ...| 1962...1 1 9 6 3 ...| 1 9 6 4 ...| 1 9 6 5 ...| 1 9 6 6 ...| 1 9 6 7 ...| 1 9 6 8 ...| 1969.. .| Ii 1 9 7 0 ...| 1 97 1... | 1972...1 1 9 7 3 ...| 1 9 7 4 ...| 1 9 7 5 ...| 1 9 7 6 ...| 1 977...1 1 9 7 8 ...| 1 9 7 9 ...| J____ 2 4 .8 2 9 .2 3 5 .3 36.2 3^.3 4 4 .7 3 7. 9 5 0.8 3 8.2 31 .3 2 4.3 2 4. 5 2 4. 8 27 .1 31 .8 2 9. 2 29.1 3 1. 3 3 0.1 2 6.5 0.5 3.7 10.5 9 .0 2 .5 15.6 8 .8 19.5 8 .2 4 .8 | 1 | I | | ] 1 I 1 1 5 .4 1 4 .6 15.1 1 2.8 1 1.2 1 7. 7 1 5 .2 2 8 .9 25.6 1 5.6 9 .3 13.6 2 0.2 2 3. 4 23.0 2 7 .0 22 .7 2 1.8 12.6 15 .7 3 1. 0 4 6 .9 4 6 .7 4 3 .1 3 0 .0 4 7 .0 4 3 .8 54 .1 4 5. 1 50 .8 2 5. 3 3 3 .8 3 6 .7 2 7. 3 2 7. 5 30 .5 4 7. 5 4 3 .9 3 4 .8 35 .0 5 .7 13.1 1 0.0 1 5.9 2 .4 16.5 -3 .7 10.2 10.4 15.8 | 1 | 1 1 1 | 1 1 1 1 7.1 2 1 .7 1 6 .4 17 .9 3*9 1 6. 2 -4 .9 -1 .2 -8 .4 -7 .4 13.9 25.1 30.2 25.2 2 6.0 3 0. 8 4 8 .7 55.3 53.5 58.2 * NET CAPITAL FORMATION IS NEGATIVE. THE RATIOS SHOWN ARE COMPUTED FROM DATA IN TABLE 71 2.1 1 1 1 1 1 1 1 1 1 1 I1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 _J___ 66 TABLE 721.1A I N C O M E AND C A P I T A L F L O WS A MO U N T S I N M I L L I O N S OF D O L L A R S ' YEAF SOURCES 1 1 1 | 1 1 1 I NTERNAL OF FUNDS CASH F L OW 1 I TOTAL CAPITAL 1 CONSUMPTION NET 1 TOTAL A L LOWANCE S I NCOME 1 j____________ j _____________________________________ U S E S OF F U N D S 1 1 A C Q U I S I T I O N OF A S S E T S 1 1 1 1 INCREASE 1 1 I N INCREASE I T O T A L 1 1 CAPITAL DEBT IN 1 TOTAL 1 1 E X P E N D I T U R E S F INANCIAL 1 1 1 i_____________ j ____________ l ______________________________ A j s s r n ___ 1 9 4 6 ...| 1 9 4 7 ...| 1 9 4 8 ...| 1 9 * 9 ...| 16606. 17470. 20513. 15586. 16186. 16772. 19516. 15000. 1118. 1418. 1852. 2220. 15068. 15354. 17664. 12780. 420 . 698. 997. 586. 1 9 5 0 ...| 1 9 5 1 ...| 1952...1 1 9 5 3 ...| 1 9 5 4 ...| 1 9 5 5 ...| 1 95 6...! 1 9 5 7 ...| 1 9 5 8 ...| 1 9 5 9 ...| 17500. 20614. 19039. 15924. 16623. 16410. 15697. 16068. 18762. 17064. 16159. 18891. 18104. 16241. 15750. 14787. 14773. 14776. 16958. 14709. 2511. 2958. 3143. 3261. 3377. 3482. 3519. 3691. 3790. 4016. 13648. 15933. 14961. 12980. 12373. 11305. 11254. 11085. 13168. 10693. 1341. 1723. 935. -3 1 7 . 873. 1623. 924. 1292. 1804. 2355. 1 9 6 0 ...| 1 96 1...! 1 9 6 2 ...| 1 9 6 3 ...| 1 96 4...( 1 9 6 5 ...| 1 9 6 6 ...| 196 7... | 1 96e...| 1 9 6 9 ...| j 1970...1 1 9 7 1 ...! 1 9 7 2 ...| 197 3... ! 1 97 4... | 1 9 7 5 ... | 197 6... | 197 7... | 1 97 8... ! 16757. 17707. 18520. 19454. 17729. 21360. 22417. 20692. 19777. 22921. 15567. 16008. 16216. 16042. 14940. 17513. 18817. 17589. 17984. 20264. 4091. 4134. 4258. 4403. 4585. 4784. 505 8. 5439. 5845. 6196. 11476. 11874. 11958. 11639. 10355. 12729. 13759. 12150. 12139. 14068. 1190. 1699. 2304. 3412. 2789. 3847. 3600. 3103. 1793. 2657. 22 258. 25932. 32118. 50321. 43791. 45204. 43 501. 49701. 62366. 20321. 21315. 25747. 41136. 35540. 35970. 31707. 34086. 43587. 6390. 6944. 7439. 8413. 9932. 11864. 13042. 14285. 15693. 13931. 14371. 18308. 32723. 25608. 24106. 18665. 19801. 27894. 1937. 4617. 637 1. 9685. 8251. 9234. 11794. 15615. 18779. 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 i 1 _L _ i 16606. 17470. 20513. 15586. 4057. 2765. 6094. 3203. 2200. 1581. 6004. 3627. 1857. 1184. 90 . -4 24 . 55 . 58. 6 9. 50. 12494. 14647. 14350. 12333. 2519. 649. 3245. 397. 17500. 20614. 19039. 15924. 16623. 16410. 15697. 16068. 18762. 17064. 5281. 6052. 5177. 3776. 4460. 4455. 3196. 4325. 5562. 4007. 5248. 5793. 5190. 3799. 4487. 4347. 3317. 4358. 5196. 4609. 33 . 259. -1 3 . -2 3 . -2 7. 108. -1 21. -3 3 . 366. -6 02. 88. 88. 54 . 52. 45 . 4 8. 50. 42. 55. 45 . 12131. 14474. 13808. 12096. 12118. 11907. 12451. 11701. 13145. 13012. 1429. 1371. 1099. 83 2. 210. -6 50 . -1 2 4 7 . -6 5 8 . -3 2 . -2 36 4. 16757. 17707. 18520. 19454. 17729. 21360. 22417. 20692. 19777. 22921. 3962. 4552. 5425. 5738. 5009. 6872. 6178'. 7724. 6782. 7155. 4298. 4467. 5291. 5778. 4617. 6592. 5971. 7361. 6203. 6619. -3 3 6 . 85. 134. -4 0 . 392. 28 0. 207 . 3 63 . 579. 536. 4 8. 62. 54. 65. 70. 80. 74. 53. 76. 86. 12747. 13093. 13041. 13651. 12650. 14408. 16165. 12915. 12919. 15680. -131 9. -1281. -1 13 7. -2 0 7 7 . -2365. -1 75 9. -2480. -8 18 . -8 56 . -1 6 9 8 . 22258. 25932. 32118. 50821. 43791. 45204. 43501. 49701. 62366. 7526. 9012. 8839. 13690. 10495. 16870. 13313. 17880. 19957. 6922. 8321. 7903. 12847. 9901. 15873. 11819. 16069. 17998. 6 04 . 691. 936. 843. 594. 997. 1494. 1811. 1959. 6 3. 92. 116. 264 . 221. 244 . 138. 165. 187. 14669. 16828. 23163. 36867. 33075. 28090. 30050. 31656. 42222. -8 01. -2549. -497 1. -4408. -7688. -4228. -1 1 5 2 3 . -1 2 0 2 0 . -1 4 5 1 5 . •♦WI THDRAWAL OF FUNDS' * I S C O M P U T E D A S T H E R E S I D U A L AMO U N T T H A T E Q U A T E S T O T A L U S E S AND S O U R C E S ••NET I N V E S T M E N T " I S N E T I N C O M E L E S S C O R P O R A T E P R O F I T S T A X E S AND W I T H D R A W A L OF F U N D S . D E T A I L FOR MAJ OR S O U R C E S AND U S E S OF F U N D S I S SHOWN I N T A B L E S 7 2 3 . 1 , 7 2 3 . 2 , AND 7 2 4 . 1 . 1 1 1 1 1A D D E N D U M : 1C O R P O R A T E | W I T H D R A W A L ! NET 1 PROFITS | OF |INVESTMENT i TAXES | FUNDS I 1 1 1 OF FUNDS. TABLE 722.1A SOURCES YEAR TOTAL 67 CAPITAL FLOWS AMOUNTS IN MILLIONS OF DOLLARS 1 1 1 | OF I NTERNAL TOTAL USES FUNDS FUNDS CAPITAL C ONSUMPT I ON . ALLOWANCES OF FUNDS 1 NET INVESTMENT | INCREASE 1 IN 1 DEBT I _____ ... CAPITAL TOTAL EXPENDITURES INCREASE IN FINANCIAL ASSETS 1 9 4 6 ... . 1947... 1948... 1949... 4057. 2765. 6094. 3203. 3637. 2067. 5097. 2617. 1118. 1418. 1852. 2220. 2519. 649. 3245. 397. 420. 698. 997. 586. 4057. 2765. 6094. 3203. 2200. 1581 . 6004. 3627. 1857. 1184. 90. -424. 1950... 1951... 1952... 1953... 1954... 1955... 1956... 1957... 1958... 1959... 5281. 6052. 5177. 3776. 4460. 445 5. 3196. 4325. 5562. 4007. 3940. 4329. 4242. 4093. 3587. 2832. 2272. 3033. 3758. 1652. 2511. 2958. 3143. 3261. 3377. 3482. 3519. 3691. 3790. 4016. 1429. 1371. 1099. 832. 210. -650. -1247. -658. -32. -2364. 1341. 1723. 935. -317. 873. 1623. 924. 1292. 1804. 2355. 5281. 6052. 5177. 3776. 4460. 4455. 3196. 4325. 5562. 4007. 5248. 5793. 5190. 3799. 4487. 4347. 3317. 4358. 5196. 4609. 33. 259. -13. -23. -27. 108. -121. -33. 366. -602. 1960... 1961... 1962... 1963... 1964... 1965... 1966... 1967... 1968... 1969... 3962. 4552. 5425. 5738. 5009. 6872. 6178. 7724. 6782. 7155. 2772. 2853. 3121. 2326. 2220. 3025. 2578. 4621. 4989. 4498. 4091. 4134. 4258. 4403. 45 8 5 . 4784. 5058. 5439. 5845. 6196. -1319. -1281. -1137. -2077. -2365. -1759. -2480. -818. -856. -1698. 1190. 1699. 2304. 3412. 2789. 3847. 3600. 3103. 1793. 2657. 3962. 4552. 5425. 5738. 5009. 6872. 6178. 7724. 6782. 7155. 4298. 4467. 5291. 5778. 4617. 6592. 5971. 7361 . 6203. 6619. -336. 85. 134. -40. 392. 280. 207. 363. 579. 536. 1970... 1971... 1972... 1973... 1974... 1975... 1976... 1977... 1978... 7526. 9012. 8839. 13690. 10495. 16870. 13313. 17880. 19957. 5589. 4395. 2468. 4005, 2244. 7636. 1519. 2265. 1178. 6390. 6944. 7439. 8413. 9932. 11864. 13042. 14285. 15693. -801. -2549. -4971. -4408. -7688. -4228. 11523. 12020. 14515. 1937. 4617. 6371. 9685. 8251. 9234. 11794. 15615. 18779. 7526. 9012. 8839. 13690. 10495. 16870. 13313. 17880. 19957. 6922. 8321. 7903. 12847. 9901. 15873. 11819. 16069. 17998. 604. 691. 936. 843. 594. 997. 1494. 1811. 1959. "NET INVESTMENT" D E T A I L F OR MA J OR I S C OMPUT E D S O U R C E S AND AS T H E R E S I D U A L A MOU NT U S E S OF F U N D S I S SHOWN T H A T E Q U A T E S T O T A L S O U R C E S AND US E S I N T A B L E S 723, . I t 7 2 3 . 2 , AND 7 2 4 . 1 . OF FUNDS. 68 TABLE 723.1A MAJOR SOURCES OF FUNDS AMOUNTS IN MILLIONS OF DOLLARS * NET CAPITAL CONSUMPTION ALLOWANCES YEAR TOTAL CORPORATE INCOME NONCORPORATE I TOTAL CORPORATE PROFITS NET NON CORPORATE I TOTAL INVESTMENT RETAINED CORPORATE PROFITS INCREASE IN DEBT NON CORPORATE I TOTAL TRADE CREDIT CREDIT MARKET INSTRUMENTS 1 9 4 6... 1 94 7... 1 94 8... 1 94 9... 1118. 1418. 1852. 2220. 22. 25. 31. 37. 1096. 1393. 1821. 2183. I | I I 15068. 15354. 17664. 12780. 140. 152. 159. 121. 14928. 15202. 17505. 12659. 1 I I I 2519. 649. 3245. 397. 67. 51. 43 . 26. 2452. 598. 3202 . 371. I I I I 42 0. 698 . 997. 586. 57. 230. 339. 194. 363. 468. 658 . 392. 195 0... 1951... 195 2... 195 3... 1 95 4... 1 95 5... 195 6... 1 95 7... 195 8... 1 95 9... 2511. 2958. 3143. 3261. 3377. 3482. 3519. 3691. 3790. 4016. 43. 49. 56. 69 . 81. 91. 104. 115. 130. 145. 2468. 2909. 3087. 3192. 3296. 3391. 3415. 3576. 3660. 3871. 1 1 | 1 I I 1 I 1 I 13648. 15933. 14961. 12980. 12373. 11305. 11254. 11085. 13168. 10693. 175. 149. 65. 40. 73. 46. 49. 42. 66. 32. 13473. 15784. 14896. 12940. 12300. 11259. 11205. 11043. 13102. 10661. 1 1 I 1 I I 1 1 1 1 1429. 1371. 1099. 832. 210. -6 50 . -1247. -6 58 . -3 2 . -2364. 37 . 1. -2 9. -4 5. -3 . -3 2. -2 9. -3 3 . -25. -26. 1392. 1370. 1128. 877. 213. -618. -1218. -6 2 5 . -7 . -2 33 8. I I | | 1 j I j I I 1341. 1723. 935. -3 1 7 . 873. 1623. 924. 1292. 1804. 2355. 283. 436. 145. -2 1 7 . 101. 181. 6 6. 235. 440. 423. 1058. 1287. 790. -1 00 . 772. 1442. 858. 1057. 1364. 1932. 1 96 0... 1 961... 1 96 2... 1 9 6 3... 196 4... 1 965... 196 6... 1 96 7... 1 96 8... 196 9... 4091. 4134. 4258. 4403. 4585. 4784. 5058. 543 9. 5845. 6196. 154. 166. 179. 194. 210. 229. 249. 274. 302. 331. 3937. 3968. 4079. 4209. 4375. 4555. 4809. 5165. 5543. 5865. I 1 I 1 1 I 1 1 1 I 11476. 11874. 11958. 11639. 10355. 12729. 13759. 12150. 12139. 14068. 56. 66. 86. 38. 76. 161. 163. 70. 136 * 124. 11420. 11808. 11872. 11601. 10279. 12568. 13596. 12080. 12003. 13944. I 1 1 1 I 1 I 1 | 1 -1319. -1 2 8 1 . -1 13 7. -2077. -2365. -1759. -2480. -8 1 8 . -856. -1698. -3 4 . -3 5 . -18. -1 4 8 . -39. 14. 34. -2 9 . 8. -13. -1 28 5. -1 24 6. -1 11 9. -1 92 9. -2 32 6. -1 77 3. -2 51 4. -7 89 . -8 64 . -1685. I 1 I | | | 1 ! I 1 1190. 1699. 2304. 3412. 2789. 3847. 3600. 3103. 1793. 2657. 159. 106. 6. 862. 186. 545. 407. -2 08 . -9 75 . -3 77. 1031. 1593. 2298. 2550. 2603. 3302. 3193. 3311. 2768. 3034. 1 97 0... 197 1... 1 97 2... 1 97 3... 1 9 7 4... 1 9 7 5... 197 6... 1 9 7 7... 1 97 8... 6390. 6944. 7439. 8413. 9932. 11864. 13042. 14285. 15693. 368. 39 1. 410 . 589. 735. 1116. 1494. 1697. 1862. 6022. 6553. 7029. 7824. 9197. 10748. 11548. 12588. 13831. I 1 1 1 J 1 | 1 I 13931. 14371. 18308. 32723. 25608. 24106. 18665. 19801. 27894. -1 . 82. 305. 720. 224. 635. 345. 164. 195. 13932. 14289. 18003. 32003. 25384. 23471. 18320. 19637. 27699. 1 -8 01 . I -2549. 1 -4 9 7 1 . I -4408. I -7688. I -4228. I -1 1 5 2 3 . | -12020. I -14515. -93. -64. 114. 360. -1 32. 218. -0 . -2 24 . - 2 57. -7 08. -2485. -5 08 5. -4768. -7 55 6. -4446. -1 1 5 2 3 . -11796. -1 4 2 5 8 . 1 1937. 1 4617. I 637 1. I 9685. 1 8251. 1 9234. 1 11794. 1 15615. 1 18779. -3 6 8 . 149. 543. 123. 223. 454. 878. 868. 720. 2305. 4468. 5828. 9562. 8028. 8780. 10916. 14747. 18059. "CAPI TA L CONSUMPTION ALLOWANCES," "NET INCOME," AND "INCREASE IN DEBT " APPEAR AS SOURCES OF FUNDS IN "INCOME AND CAPITAL FLOWS" (TABLE 7 2 1 . 1 ) . "C API TA L CONSUMPTION ALLOWANCES, "NET INVESTMENT," AND "INCREASE IN DEBT" APPEAR AS SOURCES OF FUNDS IN "C API TA L FLOWS" (T ABLE 722.1 DETAIL FOR "CRED IT MARKET INSTRUMENTS " IS SHOWN IN TABLE 7 2 3 . 2 . TABLE 723.2A 69 C R E D I T MARKE T I N S T R U M E N T S A MO U N T S I N M I L L I O N S OF D O L L A R S N O N MO R T G A G E LOANS I _______ YEAR | TOTAL I 1 1 1 1 J 1 1 1 1946...| 363^ 468. | 1947...| 658. | 1948 ...I 392. | 1949...I 1 1058. | 1950...| 1287.1 1951...| 790. | 1952...I -100.1 1953...| 1954...| 772.1 1442. | 1955...I 1956...| 858.1 1057.| 1957...| 1 364.| 1958...| 1959...| 1932.1 1 1960...| 1031. 1 1961...| 1593. 1 2298.1 1962...I 2550.1 1963...| 1 964...I 2603. 1 1965...| 3302.| 1966... | 3193.1 1967... I 3311.| 1968.. . | 2768.| 3034.| 1969...| l ■ 1 1 1970...| 2305.1 1 9 7 1 . . .| 4468.I 5828. | 1972... I 1973... | 9562.1 1974... | 8028.1 8780.| 1975... | 1 9 7 6 . . . i 10916.1 1977... | 14747.| 1978. . . | 1 8 0 5 9 . | "CREDIT MARKET INTER MEDIATE CREDIT B A N KS B ANKS 226. 301. 434. 101. 255. 301. 353. 103. 44. 108. 12 1 . 13. 566. 7 07. 205. -601. 263. 666. 45. 495. 652. 940. 475. 596. 173. -581. 150. 572. -59. 384. 413. 694. 75. 156. 18. -252. 50. 28. 54. 185. 224. 234. 16. -45. 14. 232. 63. 66. 50. -74. 15. 12. | 1 I 1 | 1 1 I 1 i 294. 514. 1022. 921. 483. 1057. 1328. 1346. 608. 1216. 196. 243. 782. 601. 271. 708. 933. 700. 418. 610. 111. 149. 190. 259. 148. 269. 407. 488. 243. 621. -13. 122. 50. 61. 64. 80. -12. 158. -53. -15. 1474. 2087. 2277. 4067. 2979. 4202. 4799. 5919. 7887. 827. 1345. 1814. 2859. 1071. 1963. 3031. 2499. 2482. 699. 695. 427. 1102. 1650. 1147. 1317. 1447. 1458. -52. 47. 36. 106. 258. 1092. 451. 1973. 3947. IS A C O MP O N E N T STATE C OMME RCI AL BANKS U.S. 1 GOVERN | T O T A L ME NT 1 1 1 1 137. -73. -108. 1 167. I 224. -40. -15. 1 291* TOTAL INSTRUMENTS" MORTGAGES | OF MUT UAL SAVINGS B ANKS LIFE INSURANCE COMPANI ES FEDERAL LAND B A N KS MO R T G A G E POOLS U.S. GOVERN ME N T AND LOCAL GOVERN MENTS HOUSEHOLDS 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. 0. 4. 6. 123. 67. 121. 76. 492. 580. 585. 501. 509. 776. 813. 562. 712. 992. 59. 36. 54. 24. 77. 138. 39. 31. 104. 117. 7. 3. 6. 0. 3. 2. 1. -2. -4. 2. 189. 200. 178. 181. 162. 225. 208. 103. 83. 160. 47. 58. 81 . 89. 101. 216. 244. 176. 170. 273. 25. 11. 10. 7. 18. 38. 33. 24. 17. 14. 7. -1. 39. 22. 26. -98. 16. 53. 48. 51. 7. 9. 28. 23. 27. 24. 11. 10. 17. 18. 151. 264. 189. 155. 95. 231. 261. 167. 277. 357. | 737. 1 1079. | 1276. 1 1629. I 2120. I 2245. I 1865. I 1965. i 2160. I 1818. i 1 | 831. I 2381. | 3551. I 5495. I 5049. I 4578. I 6117. I 8828. 110172. 60. 99. 275. 305. 311. 273. 202. 208. 217. 293. -1. -3. 0. 1. 1. -1. 1. 64. 0. -3. 155. 188. 230. 392. 512. 519. 417. 329. 234. -30. 204. 264. 224. 257. 409. 563 . 677. 651 . 517. 588. -2. 84. 119. 104. 72. 130. 139. 176. 105. 225. 48. 142. -13. 38. 41. 82. 26. 6. 105. 1. 24. 38. 51. -4. 19. 25. 36. 11. 38. 85. 249. 267. 390. 536. 755. 654. 367. 520. 944. 659. 0. 374. 576. 661. 621. 313. 313. 1221. 1278. 4. -68. 12. 2. -2. -3. 1. -7. 4. -124. -48. 77. 318. 331. 426. 672. 1418. 1528. 473. 730. 1177. 1854. 2509. 2557. 2510. 2942 . 3231. 311. 439. 338. 220. 238. -56. 521. 315. 636. -151. -260. -122. -15. -26. 146. -176. -17. -86. 19. 24. 82. 142. -32. -196. 119. 38. 25. 299. 1190. 1411. 2313. 1410. 1391. 2157. 2918. 3556. "INCREASE IN DEBT" IN PRECEDING TABLES OF THIS SECTION. 70 TABLE 724.1A M A J O R U S E S OF AMOUNT S I N M I L L I O N S CAPITAL YEAR 1 1 1 1 TOTAL EXPENDI TURES RESIDENTIAL CONSTRUCTI ON PLANT AND EQUIPMENT _ CHANGE IN INVENTORIES 1 1 | 1 | I NCREASE TOTAL FUNDS OF D O L L A R S IN FINANCIAL D E MA N D DEPOSITS AND EQUITY I N F A RM CREDIT __ ASSETS NONLI FE INSURANCE RECEIVABLES 1 1 1 1 1 WI T HDRAWAL TOTAL OF CORPORATE DIVIDENDS FUNDS NONCORPORATE 1946... 1947... 1948... 1949... 2200. 1581. 6004. 3627. 519. 697. 873. 837. 1652. 2644. 3399. 3656. 29. -1760. 1732. -866. 1 1 | I 1857. 1184. 90. -424. 1800. 1100. 0. -500. -40. -24. -1. 2. 97. 108 . 91. 74. I I I I 12494. 14647. 14350. 12333. 18. 43. 47. 45. 12476. 14604. 14303. 12288. 1950... 1951... 1952... 1953... 1954... 1955... 1956... 1957... 1958... 1959... 5248. 5793. 5190. 3799. 4487. 4347. 3317. 4358. 5196. 4609. 785. 816. 767. 765. 711. 634. 700. 681. 650. 674. 3674. 3738. 3436. 3655. 3190. 3246. 2997. 3143. 3698. 4021. 789. 1239. 987. -621. 586. 467. -380. 534. 848. -86. 1 1 1 I 1 1 | I I I 33. 259. -13. -23. -27. 108. -121. -33. 366. -602. 0. 200. -100. -100. -100. 0. -200. -100. 300. -700. 2. 3. 4. 6. 5. 11 . 13. 11. 10. 16 . 31. 56. 83. 71 . 68. 97. 66 . 56. 56. 82 . 1 | I | 1 | 1 i 1 1 12131. 14474. 13808. 12096. 12118. 11907. 12451. 11701. 13145. 13012. 50. 60. 40. 33. 31. 30. 28. 33. 36. 13. 12081. 14414. 13768. 12063. 12087. 11877. 12423. 11668. 13109. 12999. 1960... 196 1 . . . 1962... 1963... 1964... 1965... 1966... 1967... 1968... 1969... 4298. 4467. 5291. 5778. 4617. 6592. 5971. 7361. 6203. 6619. 594. 703. 645. 655. 672. 608. 673. 697. 628. 745. 3426. 3490. 3907. 4332. 4535. 4963. 5458. 5929. 5471. 5737. 288. 274. 739. 791. -590. 1021. -160. 735. 104. 137. 1 I | I I 1 1 I I 1 1 -336. 85. 134. -40. 392. 280. 207. 363. 579. 536. -400. -0 . 100. -200. 200. 100. -0. 100. 200. 100. 13. 16. 14. 15. 23. 40. 46. 49. 102. 55. 51. 69. 20. 145. 169. 140. 161 . 214. 277. 381 . I | I | I I 1 I 1 1 I 12747. 13093. 13041. 13651. 12650. 14408. 16165. 12915. 12919. 15680. 42. 39. 50. 121. 45. 67. 55. 46. 52. 51. 12705. 13054. 12991. 13530. 12605. 14341. 16110. 12869. 12867. 15629. 1970... 1971... 1972... 1973... 1974... 1975... 1976... 1977... 1978... 6922. 8321. 7903. 12847. 9901. 15873. 11819. 16069. 17998. 565. 652. 664. 601. 1158. 930. 1062. 1487. 1760. 6248. 6388. 6629. 8998. 10580. 11401. 12806. 13358. 15184. 109. 1281. 610. 3248. -1837. 3542. -2049. 1224. 1054. I 1 I 1 | 1 I 1 I 1 604. 691. 936. 843. 594. 997. 1494. 1811. 1959. 115. 123. 262. 200. -160. 70. 5. 85. 100. 51. 70. 90. 160. 206. 236. 224. 247. 271. 438. 498. 584. 483. 548. 691. 1265 . 1479. 1588. I | 1 I 1 | I I 1 1 14669. 16828. 23163. 36867. 33075. 28090. 30050. 31656. 42222. 29. 54. 75. 96. 135. 173. 207. 223. 265. 14640. 16774. 23088. *6771. 32940. 27917. 29843. 31433. 41957. 1 1 " C A P I T A L E X P E N D I T U R E S , " " I N C R E A S E I N F I N A N C I A L A S S E T S , " AND " W I T H D R A W A L OF F U N D S " A P P E A R C A P I T A L FLOWS" ( T A B L E 7 2 1 . 1 ) . " C A P I T A L E X P E N D I T U R E S " AN D " I N C R E A S E I N F I N A N C I A L A S S E T S " " C A P I T A L FLOWS" ( T A B L E 7 2 2 . 1 ) . AS U S E S OF F U N D S I N " I N C O M E A P P E A R AS U S E S OF F U N D S I N AND AGRICULTURAL FINANCE DATABOOK— ANNUAL SERIES 800 810 CAPITAL EXPENDITURES, CONSUMPTION, AMOUNTS.......................................................................................................................................... 72 CHANGE FROM PREVIOUS YEAR............................................................................................... 73 PERCENTAGE CHANGE FROM PREVIOUS YEAR................................................................... 7 A PERCENTAGE D IS T R I B U T IO N ..................................................................................................... 75 CAPITAL CONSUMPTION ALLOWANCES 820.1 820.2 820.3 820.A 830 AND NET INVESTMENT, 1910-DATE CAPITAL EXPENDITURES 810.1 810.2 810.3 810.A 820 NOVEMBER 1979 AMOUNTS.......................................................................................................................................... 76 CHANGE FROM PREVIOUS YEAR....................................................................................... . . . 7 7 PERCENTAGE CHANGE FROM PREVIOUS YEAR.................................................................... 78 PERCENTAGE D IS T R I B U T IO N .....................................................................................................79 CAPITAL NET INVESTMENT 830.1 AMOUNTS........................................................................................................................................... 80 E C O N O M IC S ^ S T A T IS T IC S ^ A N D COOPERATIVES SERVICE, U . S . DEPARTMENT OF AGRICULTURE. 71 72 TABLE 810.1 CAPITAL EXPENDITURES AMOUNTS IN MILLIONS OF DOLLARS 1 9 1 0 .... 1 9 1 1 .... 1912-------1 9 1 3 .... 1 9 1 4 .... 1915. . . . 1916-------1917-------1 9 1 8 .... 1 9 1 9 .... 1 1 I 1 1 1 .1 | 1 .1 .1 .1 .1 .1 .1 .1 1 9 2 0 .... 1 9 2 1 .... 1 9 2 2 .... 1 9 2 3 .... 1 9 2 4 .... 1 9 2 5 .... 1 9 2 6 .... 1 9 2 7 .... 1 9 2 8 .... 1 9 2 9 .... YEAR TOTAL BUILDINGS AND LAND IMPROVEMENTS! 1 OPERATORS* DWELLINGS OTHER TOTAL I TOTAL _ _ 1 I 1 MOTOR VEHICLES TOTAL TRACTORS TRUCKS AUTQS 1 1 I OTHER 111. 105. 114. 114. 114. 109. 154. 199. 203. 273. 125. 120. 130. 130. 130. 120. 170. 250. 275. 380. 295. 305. 316. 308. 336. 381. 396. 466 . 479. 624. 36. 48. 62 . 56. 87. 141. 165. 245. 267. 421. 5. 8. 15. 11. 23 . 32. 36. 61 . 147. 203. 3. 3. 6. 5. 9. 15. 18. 22 . 19. 31. 28. 37. 41 . 40. 55. 94. 111. 162. 101. 187. 259. 257. 254. 252. 249. 240. 231. 221. 212. 203. 266. 98. 119. 142. 133. 141. 137. 160. 156. 147. 300. 125. 150. 175. 165. 170. 160. 195. 175. 160. 833. 325. 363. 485. 431. 532. 568. 529. 585. 659. 375. 162. 213. 275. 262. 309. 315. 282. 322. 380. 171. 66. 64. 79. 74. 91. 104. 119. 101. 142. 67. 47 . 47 . 43 . 6 8. 7 3. 82 . 78. 88 . 86. 137. 49 . 102. 153. 120. 145. 129. 85. 133. 152. 458. 163. 150. 210. 169. 223. 253. 247. 263 . 279. 193. 97. 37. 57. 70. 135. 169. 237. 218. 270. 107. 59. 24. 29. 32. 56. 66. 96. 83. 110. 96. 38. 13. 28. 38. 79. 103. 141. 135. 160. 524. 311. 157. 140. 317. 448. 617. 710. 513. 561. 288. 208. 118. 103. 241. 287. 401. 429. 276. 346. 115. 53. 22. 22. 59. 117. 167. 223. 152. 151. 54. 39. 25. 38 . 50. 73. 9 2. 92. 54. 73. 119. 116. 71. 43. 132. 97. 142. 114. 70. 122. 236. 103. 39. 37. 76. 161. 216. 281. 237. 215. 304. 330. 343. 378. 458. 487. 1161. 1434. 1640. 1570. 139. 147. 126. 109. 111. 125. 409. 554. 702. 683. 165. 183. 217. 269. 347. 362. 752. 880. 938. 887. 625. 933. 953. 656. 1203. 1198. 1034. 1994. 2844. 3154. 384. 575. 410. 301. 498. 445. 561. 1106. 1503. 1790. 197. 295. 285. 155. 340. 276. 241. 449. 661 . 766. 81. 116. 103. 121. 126. 9 4. 216. 46 3. 535. 540. 106. 164. 22. 25. 32. 75. 104. 194. 307. 484. 241. 358. 543. 355 . 705. 753 . 473 . 888. 1341. 1364. 1522. 1599. 1614. 1527. 1425. 1385. 1392. 1411. 1355. 1654. 642. 665. 665. 619. 572532. 529. 537. 514. 539. 880. 934. 949. 908. 853. 853. 863. 874. 841. 1115. 3152. 3321. 2966. 3201. 2739. 2760. 2406. 2512. 3150. 3414. 1734. 1772. 1420. 1803. 1449. 1482. 1245. 1377. 1606. 1686. 769. 807. 755. 722. 570. 689. 525. 522. 67 7. 797. 502. 450. 349. 378. 37 7. 30 9. 325. 37 1. 381 . 425. 463. 515. 316. 703. 502. 484. 395. 484. 548. 464. 1418. 1549. 1546. 1398. 1290. 1278. 1161. 1135. 1544. 1728. 4488. 4614. 5022. 5411. 5688. 6105. 6688. 7446. 6696• 6865. 1686. 1748. 1832. 1886. 1918. 1926. 2077. 2314. 2146. 2340. 485. 592. 549. 565. 587. 539. 593. 612. 548. 651. 1201. 1156. 1283. 1321. 1331. 1387. 1484. 1702. 1598. 1689. 28.02. 2866. 3190. 3525. 3770. 4179. 4611. 5132. 4550. 4525. 1344. 1413. 165Q. 1746. 1868. 1940. 2113. 2129. 2060. 2003. 494. 579. 687. 786. 849. 986. 1209. 1168. 1168. 1073. 430 . 472 . 514. 543. 586. 529 . 511. 576. 535. 567. 420. 362. 449. 417. 433. 425. 393. 385. 357. 363. 1458. 1453. 1540. 1779. 1902. 22 39. 2498. 3003. 2490. 2522. 7285. 7357. 8045 . 10709. 12590. 13337. 15028. 16119. 18187. 20550. 2367. 2484. 2350. 3062. 4395. 4684. 503L. 5657. 6199. 6850. 492. 568. 565. 537. 1146. 953. 1060. 1433. 1672. ****** 1875. 1916. 1785. 2525. 3249. 3731. 3971. 4224. 4527. ****** 4918. 4873. 5695. 7647. 8195. 8653. 9997. 10462. 11988. 13700. 2030. 2137. 2464. 3066. 3405. 3833. 4604. 4927. 5580. 6300. 1123. 1188. 1418. 1923. 2236. 2460. 2648. 27 7 6. 3282. ****** 597. 63 0. 6 72 . 733 . 864. 1083. 1547. 1655. 1829. ****** 310. 319. 374. 410. 305. 290. 409. 496. 469. 2888. 2736. 3231. 4581. 4790. 4820. 5393. 5535. 6408. 7400. 531. 530. 560. 552. 580. 610. 720. 915. 957. 1277. 236. 225. 244. 244. 244. 229. 324. 449. 478. 653. .1 .| I .1 .1 .1 I .1 1 1 1399. 548. 63 2. 802. 729. 843. 865. 884. 916. 966. 566. 223. 269. 317. 2 98. 311. 297. 355. 331. 307. 1930. . . . .1 1 9 3 1 . . . . .1 1 9 3 2 . . . . .1 1 9 3 3 . . . . .| 1 9 3 4 . . . . .1 1 9 3 5 . . . . .1 1 9 3 6 .... 1 1 9 3 7 . . . . .1 1 9 3 8 . . . . , .1 1 9 3 9 . . . . , .1 t 1 9 4 0 . . . . .1 1 9 4 1 . . . . . .1 1 9 4 2 ....,. 1 1 9 4 3 . . . . .1 1 9 4 4 . . . . , .1 1 9 4 5 . . . . .1 1 9 4 6 . . . . .1 1 9 4 7 . . . . .1 1 9 4 8 . . . . .1 1 9 4 9 . . . . .1 1 1 9 5 0 . . . . .1 1 9 5 1 . . . . .| 1 9 5 2 . . . . .1 1 9 5 3 . . . . .1 1 9 5 4 . . . . .1 1 9 5 5 . . . . .1 1 9 5 6 . . . . .1 1 9 5 7 . . . . .1 1 9 5 8 . . . . .1 1 9 5 9 . . . . .1 1 I 9 6 0 . . . . .1 1 9 6 1 . . . . .1 1 9 6 2 ....,. I 1 9 6 3 . . . . .1 1 9 6 4 . . . . .1 1 9 6 5 . . . . .1 1 9 6 6 .... . | 1 9 6 7 . . . . .1 1 9 6 8 . . . . .1 1 9 6 9 . . . . , .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 9 7 7 . . . . .1 1 9 7 8 . . . . .1 1 9 7 9 . . . . . .1 717. 408 . 194. 197. 387. 583. 786. 947. 731. 831. 929. 1263. 1296. 1034. 1661. 1685. 2195. 3428. 448 4. 4724. MACHINERY 4674* 4920. 4580. 4728. 4164. 4145. 3798. 3923. 450 5. 5068. J__________ ' ' TABLE 810.2 1 1 1 1 1 1 YEAR 1911. -------- | 1912. 1913. 1914. 1915. — i 1916. 1917. — j 1918. 1919. 1920. 1921. 1922. 1923. 1924. 1925. 1926. 1927. 1928. 1929. — j — — — i i i 1930. 1931. — 1932. 1933. 1934. 1935. — 1936. 1937. 1938. 1939. 1940. 1941. 1942. 1943. 1944. 1945. 1946. 1947. 1948. 1949. 73 CAPITAL EXPENDITURES CHANGE FROM PREVIOUS YEAR IN MILLIONS OF DOLLARS i i i 1 — — i j — — j i 1 1 1950. 1951. 1952. 1953. 1954. 1955. 1956. 1957. 1958. 1959. TOTAL i BUILDINGS AND LAND IMPROVEMENTS! i. | OPERATORS' TOTAL DWELLINGS OTHER | 1 MACHINERY MOTOR VEHICLES 1 TOTAL 1 1 1 1 | 1 TOTAL TRACTORS TRUCKS AUTOS OTHER 1 -1 . 30. -8 . 28. 30. 110. 195. 4 2. 320. 1 | | | | | | | | -1 1 . 19. 0. 0. -1 5 . 95. 125. 29. 175. -6 . 9. 0. 0. -5 . 45. 45. 4. 70. -5 . 10. 0. o. -10. 50. 80. 25. 105. | | 1 1 | I | 1 | 10. 11. -8 . 28. 45. 15. 70. 13. 145. 12. 14. -6. 31. 54. 24. 80. 22. 154. 3. 7. -4 . 12. 9. 4. 25. 86. 56. 0. 3. -1 . 4. 6. 3. 4. -3 . 12. 9. 4. -1 . 15. 39 . 17. 51. -61. 86. -2 . -3 . -2 . -3 . -9 . -9 . -1 0 . -9 . -9 . 122. -8 51 . 84. 170. -7 3 . 114. 22. 19. 32 . 50. 1 | | | | | 1 | | | -8 7. -343 . 46. 48. -19. 13. -1 4 . 58. -2 4. -2 4 . -7 . -168. 21. 23. -9 . 8. -4 . 23. -4 . -9 . -80. -1 75 . 25. 25. -1 0 . 5. -10. 35. -2 0 . -1 5. | | | | 1 1 | | | | 209. -508. 38. 122. -5 4. 101. 36. -3 9. 56. 74. -4 6. -213. 51. 62. -1 3 . 47. 6. -3 3. 40. 58. -3 2. -105 . -2 . 15. -5 . 17. 13. 15. -1 8 . 41. 36. -2 0 . 0. -4 . 25. 5. 9. -4 . 10. -2 . -5 0. -88. 53. 51. -3 3 . 25. -1 6. -4 4. 48. 19. 255. -2 9 5 . -1 3 . 60. -4 1 . 54. 30. -6 . 16. 16. -249. -3 09 . -2 14. 3. 190. 196. 203. 161. -2 16. 100. -1 14. -9 6 . -6 0. 20. 13. 65 . 34. 68. -1 9. 52. -40. -4 8. -3 5. 5. 3. 24. 10. 30. -13. 27. -7 4. -4 8. -25. 15. 10. 41. 24. 38. -6 . 25. | | | | | | | I | | -135. -213. -154 . -17. 177. 131. 169. 93. -1 97 . 48. -9 2 . -8 0 . -9 0. -1 5 . 138. 46. 114. 28. -1 53 . 70. -2 7. -6 2. -3 1 . 0. 37. 58. 50. 56. -7 1. -1 . -3 2 . -1 5 . -1 4 . 13. 12. 23. 19. 0. -3 8. 19. -3 3 . -3 . -45. -28. 89. -3 5 . 45. -2 8 . -4 4 . 52. -4 3 . -1 3 3 . -6 4 . -2 . 39. 85. 55. 65 . -4 4 . -2 2 . 98. 334. 33. -2 6 2 . 627. 24 . 510. 1233. 1056. 240. | | | i | | | 1 | | l 1 | | | | | | | | | | 34. 26. 13. 35. 80. 29. 674. 273. 206. -7 0 . 29. 8. -21. -17. 2. 14. 284. 145. 148. -1 9. 5. 18. 34. 52. 78. 15. 390. 128. 58. -5 1 . 1 1 | | | | | | | | 64. 308. 20. -2 97 . 547. -5 . -164. 960. 850. 310. 38. 191. -165 . -109. 197. -53. 116. 545. 397. 2 87. 46. 98. -1 0 . -130. 185. -6 4 . -35. 208. 212. 105. 8. 35. -1 3 . 18. 5. -3 2 . 122. 24 7. 72 . 5. -1 6. 58. -1 42. 3. 7. 43. 29. 90. 113. 177. 26. 117. 185. -1 88 . 350. 48 . -2 8 0 . 4 15 . 453. 23. -5 0. 246. -3 40 . 148. -5 64 . -1 9 . -3 47 . 125. 562. 563. | | | | | | | | | | -48. 77. 15. -8 7 . -1 02. -4 0. 7. 19. -5 6. 299. -4 1. 23. 0. -4 6. -4 7. -4 0. -3 . 8. -2 3. 25. -7 . 54. 15. -4 1. -5 5 . 0. 10. 11. -3 3 . 274. | | | | 1 1 i 1 | 1 -2 . 169. -3 55 . 235. -4 62 . 21. -3 54 . 106. 638. 264. -56. 38. -352. 383. -3 54. 33. -237. 132. 229. 80 . 3. 38. -5 2 . -3 3 . -1 52 . 119. -1 64 . -3 . 155. 120. -3 8 . -5 2 . -1 01 . 2 9. -1 . -6 8 . 16. 46 . 10. 44 . -2 1. 52. -1 99 ; 387. -2 01. -1 8. -8 9 . 89. 64. -8 4. 54. 131. -3 . -1 4 8 . -1 08 . -1 2 . -1 17 . -2 6 . 4 09 . 184. -5 60 . 126. 408. 389 . 277. 417. 583. 758. -7 5 0 . 169. | | | | | | | | | | i 1 1 f | 1 | 1 1 1 | 32 . 6 2. 84. 54. 32. 8. 151. 237. -168. 194. -5 4. 107. -4 3 . 16. 22. -48. 54. 19. -6 4. 103. 86. -4 5. 127. 38 . 10. 56. 97. 218. -1 04 . 91 . | | | | | | | | | | -6 12 . 64. 324. 335. 245. 409. 432. 521* -582. -2 5 . -3 42. 6 9. 237. 96. 122. 72. 173. 16. -6 9. -5 7. -303. 85. 108. 99. 63. 137. 223. -4 1 . 0. -9 5 . 5. 4 2. 4 2. 29. 43. -5 7 . -1 8 . 65. -4 1 . 3 2. -4 4. -5 8 . 8 7. -3 2 . 16. -8 . -3 2 . -8 * -2 8 . 6. -2 70 . -5 . 87 . 239. 123. 33 7. 259. 50 5. -5 13 . 32. 27. 117. -1 34 . 712. 1333. 289. 347. 626. 542. 651 . -159. 76. -3 . -2 8. 60 9. -1 93 . 107. 37 3. 239 . ****** 186. 41. -1 31 . 740. 724. 482 . 240 . 253. 303. ****** | | | | | 1 1 | | { 393. -45. 822. 1952. 548. 458. 1544. 465 . 1526. 1712* 27. 107. 327. 602. 339. 428. 771. 323. 653. 720. 50. 65 . 230. 505. 313. 224. 188. 128. 506. ****** 30 . 33 . 42. 6 1. 131. 219. 4 64 . 108. 174. ****** -53. 9. 55. 3 6. -1 05 . -1 5. 119. 87. -2 7, ****** 36 6. -1 52 . 49 5. 1350. 209 . 30. 573. 142. 873. 9 92 . 1 1 1960. 1961. 1962. 1963. 1964. 1965. 1966. 1967. 1968. 1969. — — i i — i — i — i 1 1 1970. 1971. — j 19 T2. 1973* 1974. 1975. 1976. 1977. 1978. 1979. _____ i— 420. 7 2. 688. 2664. 1881. 747. 1691. 1091. 2068. 2363. 1 74 TABLE 8 1 0 .3 CAPITAL EXPENDITURES PERCENTAGE CHANGE FROM PREVIOUS YEAR * • 1 BUILDINGS AND LAND IMPROVEMENTS | OPERATORS' 1 DWELLINGS OTHER 1 TOTAL 1 | | 1 TOTAL 1 9 1 1 .... 1 1 9 1 2 .... | 1 9 1 3 .... 1 1914 . . . • 1 1 9 1 5 . . . . .1 1 91 6 .... I 1 9 1 7 . . . . .1 1 9 1 8 .... | 1 9 1 9 . . . . .1 -0 .2 5. 7 -1 .4 5.1 5.2 18.0 27.1 4 .6 3 3 .4 0.0 0.0 0.0 0.0 -6 .1 4 1 .5 3 8.6 6 .5 3 6. 6 -4 .4 4 1. 3 29.2 2.0 3 4. 5 .j J 1 1 .1 .i .1 .1 >1 .1 9.6 -6 0.8 15.3 2 6.9 -9 .1 15.6 2 .6 2 .2 3 .6 5.5 -1 3.3 -6 0 .6 2 0.6 17.8 -6 .0 4.4 -4 .5 1 9.5 -6 .8 -7 .3 1 9 3 0 . . . . .1 1931 . . . . I 1 9 3 2 . . . . .1 1 9 3 3 .... 1 1 9 3 4 . . . . .1 1 9 3 5 .... I 1 9 3 6 .... I 1 9 3 7 . . . . . .1 1 9 3 8 . . . . . .1 1939. . . . . .1 I 1 9 4 0 . . . . . >| 1941 . . . . . . I 1 9 4 2 . . . . , .1 1943.......... . 1 1 9 4 4 ...... I 1945.......... .1 1 9 4 6 . . . . , .1 1 9 4 7 . . . . . .1 1948 ...........1 1 9 4 9 . . . . , .1 i 1 1 9 5 0 . . . . , .| 1951.......... , 1 1 9 5 2 . . . . . .1 1 9 5 3 . . . . . .1 1 9 5 4 . . . . . .1 1955.......... .1 1956........... I 1 9 5 7 . . . . . .1 1958.......... .1 1959.......... .1 j 1960.......... >| 1961.......... .1 1962...........1 1963.......... .1 1964...........1 1965.......... >| 1966.......... >| 1967.......... .1 1968.......... >| 1969.......... .1 1 1970.......... ,| 1971.......... .1 1972 .......... >| 1973.......... ,1 197 4 ...........1 1975 .......... .1 1976.......... . [ 1977.......... .1 1 9 7 8 . . . . . .1 1 9 7 9 . . . . . .1 -2 5 .8 -4 3.1 -5 2 .5 1.5 9 6 .4 50 .6 3 4. 8 20.5 -2 2 .8 1 3.7 YEAR 1 9 2 0 .... 1921 . . . . 1 9 2 2 .... 1 9 2 3 .... 1 9 2 4 .... 1 9 2 5 .... 1 9 2 6 .... 1 9 2 7 .... 1 9 2 8 .... 1929. . . . 1 1 1 1 MACHINERY TOTAL 1I |1 MOTOR VEHICLES 6 0 .0 87 .5 -2 6 .7 109.1 3 9.1 12.5 6 9 .4 141.0 38. 1 -7 .7 4 1 .7 47 .1 10.0 3 8.2 3.4 3 .6 -2 .5 9. 1 1 3.4 3 .9 17.7 2.8 30.3 33.3 29.2 -9 .7 55 .4 62.1 17.0 4 8.5 9 .0 57.7 -2 .6 -6 3 .2 2 1 .4 19 .3 -6 .3 6.0 -2 .8 16.8 -2 .5 -5 .8 -2 1.1 -5 8 .3 20 .0 16.7 -5 .7 3 .0 -5 .9 2 1 .9 -1 0 .3 -8 .6 3 3.5 -6 1 .0 11.7 3 3 .6 -1 1 .1 2 3. 4 6 .8 -6 .9 10.6 1 2. 6 -1 0.9 -5 6.8 31.5 29.1 -4 .7 17.9 1.9 -1 0 .5 14.2 18.0 -1 5 .8 -6 1 .4 -3 .0 2 3 .4 -6 .3 2 3 .0 14.3 1 4.4 -1 5 .1 4 0 .6 116.1 -2 9 .9 -3 7.1 -4 9 .7 -6 1 .9 54. 1 22 .8 9 2. 9 25 .2 4 0 .2 -8 .0 2 3 .9 -2 7 .2 -4 4 .9 -5 9 .3 2 0. 8 10.3 75 .0 1 7.9 4 5 .5 -1 3 .5 3 2 .5 -4 6 .2 -5 5 .8 -6 5 .8 115.4 3 5. 7 107.9 3 0 .4 3 6. 9 -4 .3 18.5 -2 0 .5 -4 0 .6 -4 9.5 -1 0 .8 12 6.4 4 1 .3 3 7. 7 15.1 -2 7 .7 9.4 -2 4.2 -2 7.8 -4 3.3 -1 2.7 134.0 19.1 3 9.7 7. 0 -3 5 .7 2 5.4 -1 9 .0 -5 3 .9 -5 8 .5 168.2 9 8. 3 4 2. 7 3 3. 5 -3 1 .8 -0 .7 -3 7.2 -2 7 .8 -3 5 .9 5 2.0 31 .6 4 6 .0 2 6. 0 11*8 3 6.0 2 .6 -2 0 .2 60.6 1. 4 30 .3 56.2 3 0. 8 5 .4 12.6 8 .6 3 .9 10.2 2 1.2 6.3 138.4 2 3 .5 1 4 .4 -4 .3 2 6. 4 5 .8 -1 4 .3 -1 3 .5 1 .8 1 2.6 227.2 35 .5 2 6.7 -2 .7 3.1 10 .9 18.6 2 4 .0 2 9. 0 4 .3 107.7 17.0 6 .6 -5 .4 1 1. 4 4 9 .3 2. 1 -3 1.2 8 3 .4 -0 .4 -1 3 .7 9 2 .8 4 2 .6 10 .9 11.0 4 9. 7 -2 8 .7 -2 6.6 6 5 .4 -1 0 .6 26.1 97.1 35 .9 19.1 -1 .1 5. 3 -6 .9 3 .2 -1 1 .9 -0 .5 -8 .4 3.3 14.8 12.5 -3 .1 5.1 0 .9 -5 .4 -6 .7 -2 .8 0 .5 1 .4 -4 .0 22.1 -6 .0 3 .6 -6 .9 -7 .6 -7 .0 -0 .6 1.5 -4 .3 4.9 -0 .8 6 .1 1 .6 -4 .3 -6 .1 1. 2 1.3 -3 .8 3 2. 6 -0 .1 5 .4 -1 0 .7 7 .9 -1 4 .4 0 .8 -1 2 .8 4 .4 2 5 .4 8.4 -1 1 .4 2.8 8.8 7.7 5.1 7.3 9. 5 11.3 -1 0 .1 2 .5 1 .9 3 .7 4.8 2.9 1.7 0.4 7 .8 11 .4 -7 .3 9 .0 -1 0 .0 22.1 -7 .3 2.9 3 .9 -8 .2 1 0.0 3 .2 -1 0 .5 18.8 7 .7 -3 .7 1 1. 0 3 .0 0 .8 4 .2 7. 0 1 4.7 -6 . 1 5 .7 6. 1 1.2 4 .9 -5 .4 30.3 4 3 .5 6 .6 7.4 1 2.4 9.6 10.5 -2 4 .4 1 5. 4 -0 .5 -5 .0 11 3.4 t- 1 6 . 8 11.2 3 5.2 16 .7 ***** 1 1.0 2 .2 -6 .8 4 1 .5 28 .7 14.8 6 .4 6.4 7 .2 ***** 1.0 9 .4 3 3.1 17.6 5 .9 12.7 7 .3 12.8 13.0 J__________ -4 .7 8.4 0.0 -5 .4 8 .6 0 .0 0.0 -4 .0 8 .3 0.0 1 1 OTHER J__ IQIAL____I&AfcIQRS____I&UL&5_____ AUIOS___L 3 2 .1 1 0.8 -2 .4 3 7 .5 7 0.9 18.1 4 5 .9 -3 7 .7 85 .1 -0 .8 -1 .2 -0 .8 -1 .2 -3 .6 -3 .7 -4 .3 -4 .1 -4 .2 -2 6 .7 -6 4 .2 108.2 5 0 .0 -2 1 .6 2 0 .8 -1 1 .0 -3 4 .1 5 6. 5 14.3 12 5 .6 -6 4 .4 -8 .0 4 0 .0 -1 9 .5 32.0 1 3.5 -2 .4 6 .5 6.1 -4 1 .3 35 .2 -2 1 .7 -2 .5 -3 8 .8 -3 9 .4 2 07 .0 -2 6 .5 4 6 .4 -1 9 .7 -3 8 .6 7 4 .3 -1 5 .4 -5 6 .4 -6 2 .1 -5 .1 10 5.4 111.8 3 4 .2 30.1 -1 5 .7 -9 .3 3 0. 5 4 9 .7 -3 .4 -4 5 .6 11 9.4 -18. 8 -1 2 .7 8 6.3 4 7 .2 15.9 11.0 4 3. 2 -1 1 .2 17.5 4 .1 -2 5 .4 129.8 11 4.4 15 .6 0 .9 -1 3.1 5 4 .7 -8 6 .6 1 3.6 2 8 .0 134.4 3 8. 7 8 6. 5 5 8. 2 5 7 .7 12.1 4 8 .5 5 1. 7 -3 4 .6 9 8 .6 6.8 -3 7 .2 8 7 .7 5 1. 0 1 .7 -3 .1 2.2 -1 9.9 27.0 -1 9 .6 2.3 -1 6.0 10.6 16.6 5.0 0 .4 4.9 -6 .4 -4 .4 -2 1 .1 2 0 .9 -2 3 .8 -0 .6 29 .7 17.7 -7 .0 -1 0 .4 -2 2 .4 8.3 -0 .3 -1 8 .0 5.2 14.2 2 .7 11.5 -4 .3 1 1.2 -3 8 .6 12 2.5 -2 8 .6 -3 .6 -1 8 .4 2 2. 5 13.2 -1 5 .3 4.0 9.2 -0 .2 -9 .6 -7 .7 -0 .9 -9 .2 -2 .2 3 6 .0 11 .9 -1 7 .9 2 .3 11.3 10.5 7.0 10.8 10.3 11.3 -1 1 .3 -0 .5 -2 0 .3 5.1 16.8 5*8 7 .0 3 .9 8 .9 0.8 -3 .2 -2 .8 -3 8 .0 17.2 1 8.7 14.4 8 .0 16. 1 2 2 .6 -3 .4 -8 . 1 1.2 9.8 8 .9 5.6 7.9 -9 .7 -3 .4 12.7 -7 .1 6 .0 -9 .5 -1 3 .8 2 4 .0 -7 .1 3 .8 -1 .8 -7 .5 -2 .0 -7 .3 1.7 -1 5 .6 -0 .3 6.0 15.5 6.9 17.7 1 1. 6 2 0 .2 -1 7 .1 1 .3 8 .7 -0 .9 16 .9 34.3 7 .2 5 .6 15.5 4 .7 14.6 14.3 1.3 5.3 15.3 2 4. 4 11.1 12.6 20.1 7 .0 13.3 1 2.9 4. 7 5 .8 1 9.4 3 5 .6 16.3 1 0. 0 7.6 4.8 18.2 ***** 5.3 5.5 6 .7 9.1 17.9 25.3 4 2. 8 7 .0 10 .5 ***** -1 4 .6 2 .9 17.2 9.6 -2 5 .6 -4 .9 4 1 .0 2 1 .3 -5 .4 ***** 1 4. 5 -5 .3 18.1 4 1 .8 4.6 0.6 11.9 2 .6 15.8 15.5 0.0 0 .0 0.0 100.0 -1 6 .7 80.0 6 6.7 2 0. 0 22.2 -1 3 .6 6 3. 2 0.0 -8 .5 58.1 7 .4 12.3 -4 .9 12.8 -2 .3 0.0 75 TABLE 810.4 YEAR CAPITAL EXPENDITURES PERCENTAGE OF TOTAL 1 1 1 1 | 1 BUILDINGS AND LAND IMPROVEMENTS TOTAL TOTAL OPERATORS* DWELLINGS 1 OTHER MACHINERY TOTAL _ 1 1 ,1 MOTOR VEHICLES TOTAL TRACTORS____ TRUCKS___ AUTOS 1 I 1 OTHER 1910.... 1911.... 19 12.... 1913.... 1914.... 1915.... 1916.... 1917.... 1918.... 1919.... 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 | | | 1 | | 1 | I | 44.4 42.5 43.6 44.2 42.1 37.5 45.0 49.1 49.9 51.1 20.9 19.8 20.4 20.7 19.7 17.9 21.4 21.7 21.2 21.4 23.5 22.6 23.2 23.6 22.4 19.7 23.6 27.3 28.7 29.8 55.6 57.5 56.4 55.8 57.6 62.5 55.0 50.9 50.1 48.9 6.8 9.1 11.1 10.1 15.0 23.1 22.9 26.8 27*9 33.0 0.9 1.5 2.7 2.0 4.0 5.2 5.0 6.7 15.4 15.9 0.6 0.6 1.1 0.9 1.6 2.5 2.5 2.4 2.0 2.4 5.3 7.0 7.3 7.2 9.5 15.4 15.4 17.7 10.6 14.6 48.8 48.5 45.4 45.7 42.9 39.3 32.1 24.2 22.2 15.9 19 20.... 1921.... 1922.... 1923.... 1924.... 1925.... 1 9 26.... 1927.... 19 28.... 1929.... 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 | | I | | | I | I | 40.5 40.7 42.6 39.5 40.9 36.9 34.3 40.2 36.1 31.8 19.0 17.9 18.8 17.7 18.2 16.7 15.8 18.1 17.0 15.2 21.4 22.8 23.7 21.8 22.6 20.2 18.5 22.1 19.1 16.6 59.5 59.3 57.4 60.5 59.1 63.1 65.7 59.8 63.9 68.2 26.8 29.6 33.7 34.3 35.9 36.7. 36.4 31.9 35.2 39.3 12.2 12.0 10.1 9.9 10.2 10.8 12.0 13.5 if.6 14.7 4.8 8.6 7.4 5.4 9.3 8.7 9.5 8.8 9.6 8.9 9.8 8.9 16.1 19.1 16.5 17.2 14.9 9.6 14.5 15.7 32.7 29.7 23.7 26.2 23.2 26.5 29.2 27.9 28.7 28.9 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 loo.ft | | I | | I I | 1 l 26.9 23.8 19.1 28.9 18.1 23.2 21.5 25.0 29.8 32.5 14.9 14.5 12.4 14.7 8.3 9.6 8.4 10.1 11.4 13.2 12.0 9.3 6.7 14.2 • 9.8 13.6 13.1 14.9 18.5 19.3 73.1 76.2 80.9 71.1 81.6 76.8 78.5 75.0 7 0 . 2_ 67.5 40.2 51.0 60.8 52.3 62.3 49.2 51.0 45.3 37.8 41.6 16.0 13.0 11.3 11.2 15.2 20.1 21.2 23.5 20.8 18.2 7.5 9.6 12.9 19.3 12.9 12.5 11.7 9.7 7.4 8c8 16.6 28.4 36.6 21.8 34.1 16.6 18.1 12.0 9.6 14.7 32.9 25.2 20.1 18.8 19.6 27.6 27.5 29.7 32.4 25.9 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 | I I | I | I | I | 32.7 26.1 26.5 36.6 27.6 28.9 52.9 41.8 36.6 33.2 15.0 11.6 9.7 10.5 6« 7 7.4 18.6 16.2 15.7 14.5 17.8 14.5 16.7 26.0 20.9 21.5 34.3 25.7 20.9 18.8 67.3 ‘ 73.9 73.5 63.4 72.4 71.1 47.1 58.2 63.4 66. 8 41.3 45.5 31.6 29.1 30.0 26.4 25.6 32.3 33.5 37.9 21.2 23.4 22.0 15.0 20.5 16.4 11.0 13.1 14.7 16.2 8.7 9.2 7.9 11.7 7.6 5.6 9.8 13.5 11.9 11.4 11.4 13.0 1.7 2.4 1.9 4.5 4.7 5.7 6.8 10.2 25.9 28.3 41.9 34.3 42.4 44.7 21.5 25.9 29.9 28.9 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 I I I I I | I | I 1 1 f I I I | I | | j i 32.6 32.5 35.2 32.3 34.2 33.4 36.7 36.0 30.1 37.6 13.7 13.5 14.5 13.1 13.7 12.8 13.9 13.7 11.4 10.6 18.8 19.0 20.7 19.2 20.5 20.6 22.7 22.3 18.7 22.0 67.4 67.5 64 .8 ' 67.7 65.8 66.6 63.3 64.0 69.9 67.4 37.1 36.0 31.0 38.1 34.6 35.8 32.8 35.1 35.6 33.3 16.5 16.4 16.5 15.3 13.7 16.6 13.8 13.3 15.0 15.7 10.7 9.1 7.6 8.0 9.1 7.5 8.6 9.5 8.5 8.4 9.9 1 0 .5 6.9 14.9 12.1 11.7 10.4 12.3 12.2 9.2 30.3 31.5 33.8 29.6 31.0 30.8 30.6 28.9 34.3 34.1 37.6 37.9 36.5 34.9 33.7 31.5 31.1 31.1 32.0 34.1 10.8 12.8 10.9 10.4 10.3 8.8 8.9 8.2 8.2 9.5 26.8 25.1 25.5 24.4 23.4 22.7 22.2 22.9 23.9 24.6 62.4 62.1 63.5 65.1 66.3 68.5 68.9 68.9 68 .0 65.9 29.9 30.6 32.9 32.3 32.8 31.8 31.6 28.6 30.8 29.2 11.0 12.5 13.7 14.5 14.9 16.2 18.1 15.7 17.4 15.6 9.6 10.2 10.2 10.0 10.3 8.7 7.6 7.7 8.0 8.3 9.4 7.8 8.9 7.7 7.6 7.0 5.9 5.2 5.3 5.3 32.5 31.5 30.7 32.9 33.4 36.7 37.4 40.3 37.2 36.7 32.5 33.8 29.2 28.6 34.9 35.1 33.5 35.1 34.1 33.3 6.8 7.7 7.0 5.0 9.1 7.1 7.1 8.9 9 .2 25.7 26.0 22.2 23.6 25.8 28.0 26.4 26.2 24.9 ***** 67.5 66.2 70.8 71.4 65.1 64.9 66.5 64.9 65.9 66.7 27.9 29.0 30.6 28.6 27.0 28.7 30.6 30.6 30.7 30.7 15.4 16.1 17.6 18.0 17.8 18;4 17.6 17.2 18.0 ***** 8.2 8 .6 8.4 6.8 6.9 8.1 10.3 10.3 10.1 ***** 4.3 4.3 4. 6 3.8 2.4 2.2 2.7 3.1 2. 6 39.6 37.2 40*2 42.8 38.0 36.4 35 .9 34.3' 35*2, 34.0 1930.... 1931.... 19 32.... 1 9 33.... 1934.... 1935.... 1 9 36.... 1 9 37.... 1 9 38.... 19 39.... 19 40.... 1 9 41.... 1 9 42.... 1 9 43.... 1944.... 1 9 45.... 1946.... 1 9 47.... 19 48.... 1 9 4 9.... 1 9 50.... 1 9 5 1.... 1 9 5 2.... 1953.... 19 54.... 19 55.... 1 9 56.... 19 57.... 1958.... 19 59.... I9 6 0 .... 19 61.... 19 62.... 1 9 63.... 19 64.... 1965.... 1 9 66.... 19 67.... 1 9 68.... 19 69.... 1 1 1 1 1 ft 1 1970.... 19 71.... 1 9 7 2 ? .. . 1 9 73.... 19 74.... 1975.... 19 76.... 1977....* • 1 1 9 7 8 . . . . .1 1 9 79.... -JU 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 ioo. o 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100-0. 100.0 100.0 I 1 I 1 | | | | I ***** 4* * * * 76 TABLE 8 2 0 .1 C A P I T A L C O N S U M P T IO N A LLO W AN CES ( D E P R E C I A T IO N A LLO W A N C E S ANO A C C ID E N T A L AMOUNTS YEAR 1 1 1 1 1 9 1 0 .... 1 9 1 1 .... 1 9 1 2 .... 1 9 1 3 .... 1 9 1 4 .... 1 9 1 5 .... 1 9 1 6 .... 191T . . . • 1 9 1 8 .... 1 9 1 9 .... 1 .1 | I .1 .1 .1 .1 .1 .! .1 1 9 2 0 .... 1 9 2 1 .... 1 9 2 2 .... 1 9 2 3 .... 1 9 2 4 .... 1 9 2 5 .... 1 9 2 6 .... 1 9 2 7 .... 1 9 2 8 .... 1 9 2 9 .... TOTAL 1 BUILDINGS AND LANO IMPROVEMENTS! 1 OPERATORS* 1 DWELLINGS OTHER 1 TOTAL t IN M ILLIO N S OF DAMAGE) DOLLARS MACHINERY MOTOR VEHICLES TOTAL ! 1 1 OTHER TOTAL TRACTORS TRUCKS AUTOS 1 416. 443. 4 69 . 481 . 482. 524. 597. 714. 90 2. 1040. 1 1 1 | 1 | j | | 1 | 242. 247. 249. 245. 229. 237. 276. 328. 400. 468. 115. 117. 118. 115. 107. 112. 129. 153. 188. 222. 127. 130. 131. 130. 122. 125. 1 4?. 175. 2 12 . 246. | | | | | | | | | ( 174. 196. 220. 236. 253. 287. 321. 366. 502. 572. 12. 24. 36. 44. 54. 77. 9 7. 132. 194. 265. 1. 3. 7. 10. 12. 18. 21 . 2 7. 58. 98. 0. 2. 3. 4. 5. 7. 10. 13. 18 . 23. 11. 19. 26. 30. 37. 52. 66 . 92. 118. 144. 162. 172. 184. 192. 199. 210. 224. 254. 308. 307. .1 .j j 1 .1 .1 I .1 .1 1 1211. 1039. 9 34 . 943. 952 . 872. 88 6. 890. 900 . 916. 1 | | 1 1 | ! { | | 527. 405. 409. 423. 428. 431 . 425. 413. 414. 407. 248. 191. 194. 201. 205. 207 . 20 4. 198. 198. 196. 279. 214. 21 5. 22 2. 2 23 . 224. 221. 215 . 216. 211. | | | | | | I | | 1 684. 634 . 525. 520. 524. 441. 461. 477. 486. 509. 305. 257. 204. 211. 220. 238. 255. 265. 269. 289. 118. 117. 80. 77. 73 . 78. 82. 86. 89 . 94. 33 . 3 6. 37. 3 7. 41. 49. 57 . 66. 71. 76 . 154. 104. 87. 97 . 106. 111. 116. 113. 109. 119. 3 79 . 3 77 . 32 1. 3 09 . 3 04 . 203. 2 06 . 2 12 . 2 17 . 2 20 . 1 9 3 0 . . . . .1 1 9 3 1 .... 1 1932 . . . . ,1 1 9 3 3 . . . . .1 1 9 3 4 . . . . .1 1 9 3 5 ....,. i 1 9 3 6 . . . . .1 1 9 3 7 ....,. I 1 9 3 8 . . . . .1 1 9 3 9 . . . . .1 j 1 9 4 0 . . . . .1 1 9 4 1 . . . . .1 1 9 4 2 . . . . .1 1 9 4 3 .... .) 1 9 4 4 . . . . .1 1 9 4 5 . . . . .1 1 9 4 6 . . . . .1 1 9 4 7 . . . . , .1 1 9 4 8 . . . . .1 1949.•••,. ) j 1 9 5 0 . . . . .1 1 9 5 1 . . . . .1 1 9 5 2 . . . . .1 1 9 5 3 . . . . .1 1 9 5 4 . . . . .1 1 9 5 5 . . . . .1 1 9 5 6 . . . . .1 1 9 5 7 . . . . , .1 1 9 5 8 .... .) 1 9 5 9 . . . . < .1 1 I 9 6 0 . . . . , »| 1 9 6 1 . . . . . >| 1 9 6 2 . . . . , .1 1 9 6 3 . . . . , .1 1964 .......... ,1 1965.......... .1 1966.......... ,1 1967.......... 1 1968.......... ,1 1969.......... ,) j 1970.......... ,1 1971.......... ,| 1972..........,1 1 9 7 3 . . . . , .1 1974.......... ,1 1975...........1 1976...........1 1 9 7 7 . . . . , ,f 1978...........1 1 9 7 9 . . . . , ,| 955. 856. 734. 64 4. 65 0. 66 4. 728. 796. 833. 781. | i | I 1 | 1 | i | j 394. 330. 280. 263. 281. 279. 305. 309. 315. 277. 190. 159. 134. 125. 134. 134. 150. 152. 155. 134. 204. 171. 146. 138. 147. 145. 155. 157. 160. 143. | | | i | | | | 1 1 561. 526. 454. 381. 369. 385 . 423. 487 . 518. 504. 288. 268. 2-29. 182. 180. 196. 230. 281 . 297. 285. 103. 97. 80. 60 . 57 . 6 7. 86. 114. 128. 114. 69. 59. 47. 39 . 39 . 41. 50. 61. 66. 68 . 116. 112. 102. 63 . 84 . 88. 94 . 106. 103. 103. 273 . 2 58 . 2 25 . 199. 189. 189. 193. 206. 221. 21 9. T97. 870. 1335. 1369. 1425. 1310. 1189. 1553. 200 2. 2365. | | | | | | | | | | 1 280. 309. 35 3. 403 . 450. 479. 523. 670. 755. 733. 136. 151. 174. 20 0. 224. 238. 258 . 317. 355. 343. 144. 158. 179. 203. 2 26 . 24 1. 2 65 . 3 53 . 4 00 . 390. | | | | | | | | | | 517. 561. 982. 966 . 975. 831. 66 6. 883. 1247. 1632. 297. 338. 564. 529. 514. 387. 333. 45 8. 65 5. 857. 116. 139. 257. 235. 235 . 179. 152. 189. 2 58 . 341 . 72. 80 . 148. 156. 158. 10 9. 106. 169 . 2 62 . 3 15 . 109. 119. 159. 138. 121. 99. 75. 100. 135. 201. 2 20 . 22 3. 418. 437. 461. 444. 333. 425. 5 92 . 7 75 . 2665. 3147. 3326. 3454. 3581. 3700. 3723. 391 3. 4011. 4251. 1 782. | 94 4. | 9 05 . | 937 . | 1006. | 1072. 1 1013. | 1088. 1083. | 1149. 1 | | 1211. 1 ' 1265. | 1326. | 1408. 1 1511. 1604. | | 1646. | 1787. | 1922. | 2128. j | 2168. | 2385. | 263 3. | 3111. | 3650. | 413 3. | 4312. | 483 3. | 5423. | 5985. 365. 439. 4 19 . 4 31 . 4 62 . 4 95 . 4 62 . 4 90 . 492. 515. 4 17 . 505. 486. 5 06 . 544. 5 77 . 551. 59 8. 591. 6 34 . | | | | | | | | | | 1883. 2203. 2421. 2517. 2575. 2628. 2710. 2825. 2928. 3102. 1008. 1179. 1282. 1322. 1353. 1386. 1436. 1508. 1554. 1638. 397. 469 . 514. 543. 54 4. 564. 596. 620. 6 42 . 681. 347. 382 . 3 89 . 36 9. 3 59 . 3 46 . 35 8. 387. 3 97 . 4 25 . 2 64 . 3 28 . 37 9. 410. 45 0. 47 6. 482. 501. 515. 532. 8 75 . 1024. 1139. 1195. 1222. 1242. 1274. 1317. 1374. 1464. 564. 586. 615. 6 53 . 702. 75 1. 758. 814 . 852. 919. 647. 679. 711. 7 55 . 8 09 . 853. 88 8. 9 73 . 1070. 1209. | | | | 1 | 1 | I | 3126. 3123. 3204. 3288. 339 2. 3507. 3738. 3994. 4278. 4446. 1598. 1572. 1637. 1685. 1723. 1736. 1823. 1878. 1975. 2002. 6 82 . 6 68 . 683. 695. 7 39 . 78 8. 860 . 932. 989. 1014. 431. 4 59 . 5 01 . 5 27 . 538. 534. 562. 570. 59 6. 6 11 . 4 85 . 4 45 . 45 3. 46 3. 4 46 . 414. 401. 376. 390. 37 7. 1528. 155 1. 1567. 160 3. 16 69. 1771. 1915. 2116. 23 0 3. 24 4 4. 91 0. 988. 1075. 1286. 1434. 1729. 1894. 22 27 . 2534. ****** 1258. 1397. 1558. 1825. 22 16 . 24 04 . 2 41 8. 260 6. 2889. ****** 1 | | | | I 1 I | } 4592. 4965. 5254. 5834. 6913. 8453. 9501. 10323. 11225. 12615. 1015. 1088. 1123. 1267. 1613. 2012. 2362. 24 52 . 27 20 . ****** 6 19 . 7 11 . 742. 7 99 . 8 73 . 101 4. 1249. 1452. 1617. ****** 3 57 . 3 69 . 3 79 . 3 98 . 41 0. 41 3. 44 0. 4 96 . 5 12 . ****** 2601. 279 7. 30 10 . 337 0. 4017. 5014. 545 0. 5923. 637 6. 71 5 8. 4337. 43 8 8. 4 53 0. 469 6. 49 0 3. 5111. 5384. 57 81 . 6 20 0. 65 7 4. 676 0. 735 0. 78 87 . 89 45. 10563. 12586. 13813. 15156. 16648. 18600. 1991. 2168. 2244. 2464. 2896. 3439. 4051. 4400. *849 • 5457. TABLE 77 8 2 0 .2 C A P I T A L C O N S U M P TIO N ALLO W AN CES (D E P R E C I A T I O N A L LO W AN CE S AND A C C ID E N T A L C H A N G E FROM P R E V I O U S Y E A R I N M I L L I O N S OF 1 1 I YEAR 1 1 1 1911.......... 1 1912.......... 1 1913.......... 1 1914........... 1 1915........... 1 1916.......... 1 1917.......... 1 1918.......... 1 1919.......... 1 1 BUILDINGS AND LAND IMPROVEMENTS I 1 L OPERATORS' TOTAL 1 DWELLINGS OTHER TOTAL I 1 1 2. 3. * 27. | 5. 1. 1. 26. | 2. -4 . -3 . -1 . 12. 1 -8 . -1 6. -8 . 1 .1 8. 5. 3. 42. | 17. 39. 22 . 73 . 1 52. 24. 117. 1 28. 35. 37. 188. | 72. 68. 34. 34. 138. | DAMAGE) DOLLARS MACHINERY TOTAL 1 | — 1 MOTOR VEHICLES TOTAL TRACTORS TRUCKS AUTOS 1 1 1 OTHER 22 . 24. 16. 17. 34 . 34. 6 5. 116. 70. 12. 12. 8. 10. 23. 20. 35. 6 2. 71. 2. 4. 3. 2. 6. 3. 6. 31. 40. 2. 1. 1. 1. 2. 3. 3. 5. 5. 8. 7. 4. 7. 15. 14. 26. 26. 2 6. 10. 12. 8. 7. 11. 14. 30 . 54. -1 . 1 1 I 1 1 1 1 1 1 1 171. -1 72 . -1 05 . 9. 9. -8 0 . 14. 4. 10. 16. 1 | | | | | | | | | 59. -1 22 . 4. 14. 5. 3. -6 . -1 2. 1. -7 . 26. -5 7. 3. 7. 4. 2. -3 . -6 . 0. -2 . 33 . -6 5. 1. 7. 1. 1. -3 . -6 . 1. -5 . 112. -5 0. -1 09 . -5 . 4. -83. 20. 16. 9. 23. 40. -48. -53. 7. 9. 18. 17. 10. 4. 20. 20. -1 . -3 7 . -3 . -4 . 5. 4. 4. 3. 5. 10. 3. 1. 0. 4. 8. 8. 9. 5. 5. 10. -50. -1 7. 10. 9. 5. 5. -3 . -4 . 10. 72 . -2 . -5 6 . -1 2 . -5 . -101. 3. 6. 5. 3. 1930.......... 1 1931........... 1 1932.......... 1 1933........... 1 1934........... 1 1935........... 1 1936........... 1 1937........... 1 1938........... 1 1939.......... 1 l 1940........... 1 1941.......... 1 1942........... 1 1943.......... 1 1944........... 1 1945........... 1 1946.......... 1 1947........... 1 1948........... 1 1949.......... 1 | 1950........... | 1951........... 1 1952.......... 1 1953........... 1 1954........... 1 1955.......... 1 1956........... 1 1957........... 1 1958........... 1 1959........... 1 j 1960........... 1 1961........... 1 1962........... 1 1963.......... 1 1964........... 1 1965........... 1 1966.......... 1 1967.......... 1 1968.......... 1 1969.......... 1 | 1970........... | 1971.......... i 1972........... 1 1973........... 1 1974........... I 1975........... 1 1976.......... 1 1977........... 1 1978........... 1 1979.......... I 39 . “ 99 . -1 22 . -9 0 . 6. 14. 64 . 68. 37 . -5 2 . | | | | | i | 1 1 | i 1 | | | 1 | | | | | j | | | | | | | I | | | | | | | | | | | | | j | | | | | 1 | | | | -1 3. -6 4 . -50. -1 7. 18. -2 . 26. 4. 6. -3 8. -6 . -3 1. -2 5. -9 . 9. 0. 16. 2. 3. -2 1. -7 . -3 3. -2 5. -8 . 9. -2 . 10. 2. 3. -1 7 . 52. -3 5. -7 2 . -7 3. -12. 16. 38. 64. 31. -14. -1 . -2 0. -3 9 . -4 7. -2 . 16. 34. 51. 16. -12. 9. -6 . -1 7 . -20. -3 . 10. 19. 28. 14. -1 4. -7 . -1 0 . -1 2 . -8 . 0. 2. 9. 11. 5. 2. -3 . -4 . -1 0 . -19. 1. 4. 6. 12. -3 . 0. 53 . -1 5 . -3 3 . -2 6 . -1 0 . 0. 4. 13. 15. -2 . 3. 29. 44. 50. 47. 29. 44 . 147. 85. -2 2. 2. 15. 23. 2 6. 2 4. 14. 20. 59. 38. -1 2 . 1. 14. 21 . 24 . 2 3. 15. 24 . 88. 47 . -1 0 . 13. 4 4. 421 . -1 6. 9. -1 44. -1 6 5 . 217. 364 . 385. 12. 4 1. 226. -3 5. -1 5 . -1 27 . -5 4. 125. 197. 202. 2. 23. 118. -2 2. 0. -5 6 . -2 7. 37. 6 9. 83. 4. 8• 6 8. 8. 2. -4 9 . -3 . 63. 93 . 53 . 6. 10. 4 0. -21. -1 7. -2 2 . -24. 25. 3 5. 6 6. 1. 3. 195. 19. 24. -1 7 . -1 11 . 9 2. 167. 183 . 49. 162. -39. 32. 69 . 66. -5 9 . 75. -5 . 66. 22 . 74. -2 0 . 12. 31. 33. -3 3. 28. 2. 23. 2 7. 88. -1 9 . 20 . 38. 3 3. -2 6 . 47 . -7 . 43 . 251. 320. 218. 96. 58. 53 . 82. 115. 103. 174. 151. 171. 103. 40 . 31. 33. 50. 72. 46 . 84. 56. 72. 45 . 29. 1. 2 0. 32. 24. 2 2. 39. 32 . 35. 7. -2 0 . -1 0 . -1 3 . 12. 29 . 10. 2 8. 63 . 64. 51. 31. 40 . 26. 6. 19. 14. 17. 100. 149. 115. 56 . 2 7. 20 . 32 . 4 3. 57. 9 0. 6 2. 54. 61. 82. 103. 93. 42. 141. 135. 206. 49. 22. 29. 38. 49 . 49. 7. 56. 38. 67 . 13. 32. 32. 44 . 54. 44. 35. 85. 97. 139. 24 . -3 . 81 . 84. 104. 115. 231. 256. 284 . 168. -4 0 . -26. 65. 4 8. 38. 13. 87. 55. 97. 27. 1. -1 4 . 15. 12. 44 . 4 9. 72. 72. 57. 25. 6. 28. 42 . 26 . 11. -4 . 2 8. 8. 2 6. 15. -4 7 . -40. 8. 10. -1 7 . -3 2 . -13. -2 5. 14. -1 3. 6 4. 23. 16. 36 . 6 6. 102. 144. 20 1. 187. 141. 40 . 217. 248. 478. 539. 483. 179. 521. 590. 562. -9 . 78. 87. 211 . 148. 295. 165. 333. 307. ****** 49 . 139. 161. 267. 391. 188. 14. 188. 283. ****** 146. 373. 289. 580. 1079. 1540. 1048. 822. 9 02 . 1390. -1 1 . 177. 76. 220. 432. 543. 612. 349. 449. 608. 1. 73. 35. 144. 346. 399 . 350. 90 . 26 8. ****** 8. 92 . 31 . 57. 74. 141. 235. 203. 165. ****** -20. 12. 10. 19. 12. 3. 27. 56. 16. ****** 157. 196. 213. 36 0. 6 47 . 9 97 . 4 36 . 4 73 . 453. 7 82 . 1920........... 1921.......... 1922........... 1923.......... 1924........... 1925........... 1926.......... 1927.......... 1928........... 1929.......... 16. 73. 4 65 . 3 4. 56 . -1 1 5 . -1 21 . 364. 449. 3 63 . 300. 482. 179. 128. 127. 119. 23 . 190. 9 8. 240. 86. 51. 142. 166. 20 7. 208 . 273. 397. 419. 374. 186. 590. 537. 1058. 1618. 202 3. 1227. 1343. 1492. 1952. J_________L 1_ TABLE 820.3 CAPITAL CONSUMPTION ALLOWANCES (DEPRECIATION ALLOWANCES AND ACCIDENTAL DAMAGE) PERCENTAGE CHANGE FROM PREVIOUS YEAR MACHINERY BUILDINGS AND LAND IMPROVEMENTS YEAR I TOTAL TOTAL OPERATORS' DWELLINGS OTHER TOTAL 1 1 1 1 9 1 1 .... 1 9 1 2 .... 1 91 3.... 1914-------1 9 1 5 .... 1 91 6.... 1 91 7 .... 1 9 1 8 .... 1 91 9.... I 1 I | .1 I .1 .1 .1 6 .5 5 .9 2. 6 0.2 8.7 13.9 19.6 26.3 15.3 1 9 2 0 . . . . .| 1 92 1.... 1 1 9 2 2 . . . . .1 1 92 3.... 1 1 92 4.... t 1925____ 1 1 9 2 6 .... 1 1 9 2 7 . . . . .1 1928____ i 1 9 2 9 .... 1 16.4 -1 4 .2 -1 0.1 1.0 1.0 -8 .4 1.6 0.5 1.1 1.8 1 9 3 0 .... 1 1 9 3 1 .... I 1 9 3 2 .... 1 1 9 3 3 .... 1 1934-------- I 1 9 3 5 .... 1 1936.......... . | 1937.......... , | 1938.......... .1 1939.......... .1 4. 3 -1 0 .4 -1 4 .3 -1 2 .3 0 .9 2.2 9 .6 9.3 4.6 -6 .2 1940.......... .1 1941.......... , | 1942.......... ,| 1943.......... .1 1944.......... .1 1945.......... >i 1946.......... ,| 1947...........1 1948.......... .1 1949.......... .1 2. 0 9.2 5 3.4 2 .5 4.1 -8 .1 -9 .2 30.6 2 8 .9 18.1 1950.......... .i 1951.......... .| 1952...........1 1953.......... .1 1954.......... . 1 1955 .......... .i 1956.......... .1 1957..........,| 1958.......... .1 1959.......... .1 12.7 18.1 5 .7 3 .8 3 .7 3. 3 0.6 5.1 2.5 6 .0 6.7 2 0 .7 -4 .1 3 .5 7.4 6 .1 1960.......... , | 1961.......... . 1 1962.......... ,1 1963.......... , 1 1964.......... , 1 1965.......... ,| 1966.......... , 1 1967.......... 1 1968.......... 1 1969.......... 1 2 .0 1.2 3.2 3. 7 4 .4 4. 2 5 .3 7 .4 7.2 6 .0 1970........... 1 1971.......... | 1972.......... 1 1973.......... 1 1974.......... 1 1975.......... I 1976.......... I 1977.......... ,| 1978.......... , | 1979.......... 1 2 .8 8.7 7.3 13 .4 18.1 19.2 9.7 9 .7 9 .8 11.7 2 .1 0 .8 -1 .6 -6 . 5 3 .5 16. 5 18.8 2 2 .0 17.0 1 2 .6 -23. 1 1.7 0 .9 -2 .5 -7 .0 4. 7 15.2 18.6 2 2. 9 18.1 11.7 -2 3 .0 1 .0 1 .6 3 .4 3 .6 1 .2 0 .7 -1 .4 -2 .8 2 .0 1 .0 -1 .4 -2 .9 0 .2 0 .0 -1 .7 -1 .0 -3 .2 -1 6 .2 -1 5 .2 -6 .1 -3 .1 -1 6 .3 -1 5 .7 -6 .7 7 .2 6 .8 -0 .7 9 .3 1.3 1. 9 -1 2 .1 -1 3 .5 1 .1 1 .5 10 .4 14.2 14.2 11.7 6 .4 9.2 28. 1 12 .7 -2 .9 0 .0 11 .9 1.3 2 .0 1 1 .0 15.2 1 4.9 1 2 .0 6.3 8.4 2 2 .9 1 2 .0 -3 .4 2.4 2 0 0 .0 50.0 -0 .8 -6 .2 2 .5 17.6 19.0 7 .3 7 .2 13.4 2 2 .2 133.3 4 2 .9 2 1 .1 30.1 13.9 16.0 -3 .3 -1 6.2 -1 4 .6 -5 .5 6 .5 -1 .4 6.9 1.3 1.9 -1 0.6 -6 .2 -1 3 .7 -1 6.1 -3 .1 4 .3 9 .9 15.1 6.4 -2 .7 -0 .3 -6 .9 -1 4.6 -2 0 .5 -1 .1 8.9 17.3 9.6 -5 .8 -1 7. 5 -2 5 .0 -5 .0 17.5 2 8 .4 3 2 .6 12.3 -1 0.9 6 .1 2 .1 0.4 4.7 -<♦.5 8 .5 -1 .2 7.3 3.1 4 .2 3 .6 5 .9 5.4 4.5 4 .8 9.5 3 .9 4.9 2. 1 4 .9 4.7 -0 .1 6 .2 6 .2 6 .2 7 .3 7 .2 5 .4 4. 1 9 .6 7 .6 10.7 7 .5 7.0 0 .9 7 .4 4.7 7 .9 1.9 -1 .0 -5 .5 7.4 -0 .5 6 .2 2 .6 8 .6 1 0 .0 10 .4 18.2 17.3 13.2 4 .3 6 .1 8 .6 8. 8 19.6 11.5 2 0 .6 1 2 .1 1 2 .2 9. 5 17.6 13.8 1 0. 4 ***** -2 .5 -3 .4 -8 .9 -1 8 .6 5. 1 4 .9 3. 5 5 .6 33.2 13.3 -2 .5 6 .9 2 1 .1 1 0 .0 13.0 4. 1 0 .8 2 .6 2 .6 3.2 3. 4 6 .6 6 .8 7.1 3 .9 3 .3 11 .0 8 .1 11.5 17.1 2 1. 4 8 .5 5 .8 0 .6 7 .8 10.9 ***** 1 1 .0 18.5 22 .3 12.4 8. 7 8.7 12.4 2 4.1 -5 .5 -1 2 .8 -1 1.6 -5 .0 -9 .2 -1 4 .5 -2 0 .3 -1 7 .0 6 .8 6 .6 1 0 .0 23.5 -0 .5 -1 4 .9 -3 .7 -1 .6 -3 3 .2 1. 5 2.9 2.4 1 .4 19.5 16.3 15.8 7.6 7 .0 8 .2 8. 5 75 .0 -1 .6 0.9 -1 4 .8 -1 9 .9 3 2 .6 4 1. 2 3 0. 9 2 2 .0 7 .0 4.3 3.6 5 .5 6.7 1 3.4 2 1 .3 -0 .3 6 .9 -3 2 .5 -1 6 .3 11.5 9 .3 4 .7 4 .5 -2 .6 -3 .5 9 .2 7.1 3 .9 1.5 7 .4 2 .6 7 2 .7 3 6 .8 1 5. 4 2 3 .3 4 0 .5 26.9 3 9 .4 2 8 .3 4 3.5 9.1 0 .8 2 2 .2 5.7 -4 .0 4.2 13.8 6 6.9 -6 .2 -2 .8 -2 4 .7 -1 4 .0 37.5 4 3.0 30 .8 1 .8 19.8 8 4 .9 -8 .6 0 .0 -2 3 .8 -1 5.1 2 4. 3 36. 5 3 2.2 OTHER 1 ***** 50 .0 3 3. 3 2 5.0 4 0.0 42 .9 3 0.0 38.5 27.8 2 0 .4 -0 .8 -3 1 .6 -3 .7 -5 .2 -1 5 .8 4 .5 3. 5 1. 9 4 .7 1 0 .2 AUTOS 5 0. 0 16.7 2 8. 6 114. 8 6 9 .0 2 0 .0 15.1 -1 5.7 -2 0 .6 3 .4 4.3 0 .7 9 .7 13.3 13.4 11.3 19.6 -7 .3 -1 7 .2 -1 .0 TRUCKS 22 .7 4 2. 6 2 6. 0 36.1 4 7. 0 36.6 13.4 -2 3.3 0 .5 3 .3 0 .5 0.4 -1 .3 -2 .7 0 .5 -2 .3 -3 .8 4. 1 7 .5 6 .6 I TRACTORS 1 0 0 .0 1 1 .8 2 0 .2 1 ..... T D T Al 1 2 .6 1 2 .2 0 .8 15 .4 17 .0 9 .9 4 .0 2 .3 6.4 2 0. 3 -4 .6 2.9 7 .2 7.1 -6 .7 MOTOR VEHICLES 2 .8 0 .0 1 0 .8 0 .0 1 .2 6 .2 5.1 4 .8 2 2 .0 2 2 .0 8 .2 6 .8 1 2 .8 -2 .8 3.0 0 .0 6.7 7.3 -0 .9 5 .9 2 0 .2 5 .8 9 .2 3 3 .6 -1 3 .2 -1 2 .3 -1 8 .2 -2 4 .2 3 3.3 3 5. 0 4 8 .9 0 .5 1 .4 8 7 .4 4 .5 5 .5 -3 .7 -2 5 .0 2 7 .6 39.3 3 0 .9 1 0 .2 1 0 .1 1 .8 3 1 .3 2 4.2 15 .5 1 1 .2 -5 .1 -2 .7 -3 .6 3.5 8 .2 1 1 .1 85.0 5.4 1.3 -3 1 .0 -2 .8 5 9.4 5 5.0 0 .0 2 .1 17.6 17.0 8.7 3.1 2.3 2 .4 3.6 5.0 3.1 5.4 16 .4 18. 1 9 .6 5. 6 2 .8 3 .4 4 .3 6 .1 7.1 3.3 6 .6 -2 .4 -1 .6 4.1 2.9 2.3 0. 1 -2 .1 1. 4 6 .5 9.2 5.2 -8 .8 -8 .2 4.4 1. 5 2 .2 1 .8 6.3 2 .1 0 .8 6 .6 5.0 3.0 5.2 1.4 9. 1 8 .4 6. 1 2 .5 -0 .7 5.2 1 .4 4. 6 2 .5 -3 .7 -7 .2 -3 . 1 -6 .2 3. 7 -3 .3 -0 .5 8.9 3.5 9.8 17.5 18.8 17.8 0. 1 1.3 14.9 4 .4 7.7 9.3 16.2 23.2 16.3 11.4 ***** -5 .3 3.4 2 .7 5 .0 3 .0 0 .7 6 .5 1 2.7 3.2 ***** 8 .6 1 0 .2 12.5 0 .2 3 .7 5 .7 4.0 3. 5 7 .2 3.2 12. 8 2 7. 3 24. 7 17.4 3. 8 10.9 ***** 8 .1 2 .6 9 .8 5.8 1.3 3 .9 1 .8 2 .2 12 .9 1 7.0 4.9 2 .3 1 .6 2 .6 1 .0 2 .3 4.1 6 .1 8 .1 10.5 8 .8 6 .1 6.4 7 .5 7 .6 1 2 .0 19.2 2 4.8 8 .7 8 .7 7.6 12.3 TABLE 820.4- YFAR 79 CAPITAL CONSUMPTION ALLOWANCES (DEPRECIATION ALLOWANCES AND ACCIDENTAL DAMAGE) PERCENTAGE OF TOTAL 1 1 1 TOTAL 1 BUILDINGS AND LAND IMPROVEMENTS! 1 1 I OPERATORS' | DWELLINGS OTHER 1 1 TOTAL MACHINERY TOTAL I 1 MOTOR VEHICLES 1 I OTHER 1 ___ I Q I A I ______ I & A C I Q & S _____ IR U L J S S ______ a U T Q S ____ L 1 9 1 0 .... 1911-------1 9 1 2 .... 1 9 1 3 .... 1 91 4.... 1 91 5.... 1 91 6.... 1 91 7.... 1918____ 1 91 9.... | | | I I I 1 1 I 1 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 1 92 0.... 1 1 92 1.... I 1922-------- I 1 92 3.... 1 1 9 2 4 .... 1 1 9 2 5 . . . . .1 1 9 2 6 .... 1 1 9 2 7 .... 1 1 9 2 8 .... 1 1 92 9.... 1 10 0.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 | 1930.......... I 1 93 1 .... 1 1 9 3 2 .... 1 1 9 3 3 .... 1 1 9 3 4 .... I 1 9 3 5 .... I 1 9 3 6 .... ! 1 93 7.... 1 1938. . . . 1 1939...........1 1 1940...........1 1941.......... .1 1942.......... ,1 1943.......... ,| 1944...........1 1945.......... ,| 1946...........1 1947..........,| 1948 ..........,1 1949...........1 1 1 9 5 0 . . . . . >1 1951.......... ,| 1952...........1 1953........... 1 1 9 5 4 . . . . . .1 1 9 5 5 . . . . . .1 1956...........1 1957...........1 1958........... 1 1959...........1 1 1960...........1 1961.......... . 1 1962........... 1 1963.......... .! 1964.......... .1 1965...........1 1 9 6 6 . . . . , .1 1967...........1 1968...........1 1969...........1 1 1 9 7 0 . . . . . >1 1971.......... .1 1 9 7 2 . . . . . .1 1 9 7 3 . . . . , .1 1 9 7 4 ....,. 1 1 9 7 5 . . . . . .1 1976 .............. .1 1977 ..............,| 1978...........1 1 9 7 9 . . . . . .1 100.0 10 0.0 100.0 100.0 100.0 10 0.0 io o . o 100.0 100.0 100.0 | | ! 10 0.0 10 0. 0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 10 0.0 100.0 10 0.0 100.0 100.0 100.0 10 0.0 100.0 100.0 100.0 100.0 100.0 10 0.0 100.0 io o .o 100.0 10 0.0 100.0 100.0 100.0 100.0 100.0 100.0 10 0.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 i i | | | | | I | | | | | I | I | | I 1 I | ( | | | 1 | I | I I | | | I | 1 I | I | I I I | | | 1 1 l i I I I i I I I 1 I | I | | | 1 | I I 58 .2 55.8 53.1 50.9 4 7 .5 4 5. 2 4 6. 2 4 5 .9 4 4 .3 4 5. 0 2 7. 6 2 6 .4 25.2 2 3. 9 2 2. 2 2 1 .4 2 1.6 2 1 .4 2 0. 8 2 1. 3 3 0 .5 29.3 27.9 27.0 25.3 23.9 24.6 24.5 2 3.5 23.7 4 3 .5 3 9.0 4 3.8 4 4. 9 4 5 .0 49.4 4 8 .0 46.4 4 6 .0 4 4 .4 2 0 .5 18.4 2 0 .8 2 1 .3 2 1. 5 2 3 .7 2 3. 0 2 2.2 2 2 .0 2 1 .4 23.0 20.6 23.0 23.5 23 .4 2 5.7 24.9 24.2 24.0 23 .0 4 1 .3 3 8. 6 38.1 4 0. 8 4 3 .2 4 2 .0 4 1. 9 3 8. 8 37.8 3 5.5 19.9 18.6 18.3 1 9.4 2 0 .6 2 0. 2 2 0. 6 19.1 18 .6 17.2 21 .4 20 .0 19.9 21 .4 22.6 21 .8 21.3 19.7 19.2 18.3 35 .1 35.5 2 6 .4 2 9 .4 3 1. 6 3 6. 6 4 4 .0 4 3. 1 3 7 .7 3 1.0 17.1 1 7. 4 1 3 .0 14.6 15 .7 1 8.2 2 1 .7 2 0 .4 1 7. 7 14.5 18.1 18.2 13.4 14.8 15.9 18 .4 22 .3 22 .7 20 .0 16.5 2 9 .3 3 0. 0 2 7. 2 27 .1 28.1 2 9. 0 2 7. 2 2 7.8 2 7. 0 2 7 .0 13.7 1 3.9 1 2 .6 12.5 1 2. 9 1 3 .4 12 .4 1 2. 5 12.3 12.1 15.6 16.0 14.6 14.6 15.2 15.6 14.8 15.3 14.7 14.9 2 7. 9 2 8 .8 2 9. 3 3 0 .0 3 0.8 31.4 3 0 .6 3 0. 9 3 1 .0 3 2 .4 13 .0 13 .4 13 .6 13.9 14.3 14 .7 14.1 14.1 13 .7 1 4 .0 14.9 15.5 15.7 16.1 16.5 16.7 16.5 16.8 17.3 18.4 32.1 3 2 .4 33.4 34.8 3 4. 6 3 2 .8 3 1.2 3 1. 9 3 2. 6 32.2 13.5 1 3. 4 1 3 .6 1 4 .4 1 3.6 1 3 .7 1 3. 7 1 4 .7 15.2 18.6 19.0 19.8 2 0. 4 21.0 19.1 17.5 17.2 17 .4 ***** ***** 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 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 1 1 1 1 1 1 1 1 1 1 1 1 1 1 | 4 1 .8 44 .2 4 6 .9 49.1 52 .5 5 4.8 53.8 54.1 55.7 55 .0 2.9 5.4 7.7 9.1 11.2 14.7 16.2 18.5 21.5 25.5 0 .2 0 .7 1.5 2 .1 2 .5 3 .4 3 .5 3.8 6.4 9.4 0 .0 0 .5 0 .6 0 .8 1 .0 1.3 1.7 1 .8 2 .0 2. 2 2 .6 4 .3 5. 5 6 .2 7. 7 9 .9 11.1 12 .9 13.1 13.8 3 8 .9 3 8 .8 3 9 .2 3 9 .9 41.3 40. 1 3 7. 5 3 5. 6 3 4. 1 2 9 .5 56.5 6 1 .0 56.2 55. 1 5 5.0 5 0.6 5 2. 0 5 3. 6 5 4 .0 55.6 25.2 24.7 21.8 22 .4 23.1 27.3 28.8 29.8 29.9 31.6 9. 7 11.3 8 .6 8.2 7 .7 8 .9 9 .3 9.7 9.9 10.3 2 .7 3. 5 4 .0 3.9 4. 3 5 .6 6 .4 7.4 7 .9 8.3 12 .7 10 .0 9. 3 1 0 .3 11.1 12.7 13.1 12.7 12.1 13 .0 3 1 .3 3 6. 3 3 4 .4 3 2 .8 3 1 .9 2 3 .3 2 3 .3 2 3. 8 2 4 .1 2 4 .0 58.7 6 1 .4 6 1 .9 5 9. 2 5 6.8 5 8.0 58.1 6 1 .2 6 2 .2 6 4 .5 30.2 31.3 31.2 28.3 27.7 29.5 31.6 35.3 35.7 36.5 10.8 11.3 10.9 9 .3 8 .8 10.1 11.8 14 .3 1 5. 4 14.6 7. 2 6.9 6.4 6.1 6 .0 6.2 6.9 7 .7 7 .9 8 .7 12.1 13.1 1 3 .9 1 2 .9 12.9 13 .3 1 2.9 13.3 1 2 .4 1 3.2 2 8. 6 3 0. 1 3 0 .7 3 0 .9 29 .1 2 8 .5 2 6 .5 2 5 .9 2 6 .5 2 8 .0 6 4 .9 6 4. 5 73.6 7 0. 6 6 8 .4 6 3 .4 5 6. 0 5 6 .9 6 2 .3 6 9. 0 3 7.3 38.9 42 .2 38.6 36.1 29.5 28 .0 29.5 32.7 36.2 1 4.6 1 6.0 1 9.3 1 7.2 16 .5 1 3.7 1 2.8 1 2.2 1 2.9 1 4.4 9.0 9.2 11.1 11.4 11.1 8 .3 8 .9 10.9 13.1 13.3 1 3. 7 1 3.7 1 1. 9 10.1 8 .5 7 .6 6 .3 6.4 6 .7 8.5 2 7 .6 2 5 .6 3 1 .3 3 1 .9 32.4 3 3 .9 2 8 .0 27.4 2 9 .6 3 2 .8 7 0. 7 7 0. 0 7 2 .9 7 2 .9 7 1. 9 7 1. 0 72 .8 7 2.2 7 3. 0 7 3.0 37.8 37 .5 38.5 38 .3 37.8 37.5 38.6 38.5 38.7 38.5 1 4.9 14 .9 1 5. 5 1 5. 7 15.2 15 .2 1 6. 0 1 5. 8 1 6.0 1 6. 0 13 .0 12.1 1 1.7 10-7 10.0 9.4 9 .6 9 .9 9 .9 10.0 9.9" 1 0 .4 1 1 .4 1 1 .9 1 2. 6 1 2. 9 12.9 1 2.8 1 2.8 1 2.5 3 2 .8 3 2 .5 3 4 .2 3 4 .6 3 4 .1 33.6 3 4 .2 3 3 .7 3 4 .3 34.4 72.1 7 1.2 7 0.7 7 0 .0 6 9 .2 6 8 .6 6 9 .4 6 9.1 6 9 .0 6 7 .6 36.8 35.8 36.1 3 5.9 35.1 34.0 3 3. 9 3 2.5 3 1.9 30.5 15 .7 1 5.2 15.1 14.8 15.1 15 .4 1 6. 0 16.1 16.0 15.4 9 .9 10.5 11.1 11.2 11 .0 1 0.4 1 0.4 9.9 9 .6 9 .3 1 1. 2 10 .1 1 0.0 9.9 9 .1 8.1 7.4 6 .5 6.3 5 .7 35.2 3 5 .3 3 4 .6 3 4 .1 3 4 .0 3 4 .7 3 5 .6 3 6 .6 3 7 .1 3 7 .2 6 7 .9 6 7 .6 6 6 .6 6 5 .2 6 5 .4 6 7 .2 6 8 .8 6 8 .1 67.4 6 7 .8 29.5 29.5 28.5 27 .5 2 7. 4 27 .3 29.3 2 9. 0 29.1 29.3 1 5. 0 14 .8 1 4.2 1 4.2 1 5.3 1 6. 0 17.1 1 6.2 1 6.3 ***** 9 .2 9 .7 9.4 8 .9 8 .3 8 .1 9.0 9 .6 9. 7 ***** 5. 3 5 .0 4 .8 4.4 3 .9 3 .3 3. 2 3. 3 3 .1 ***** 3 8 .5 3 8. 1 3 8 .2 3 7 .7 3 8 .0 3 9 .8 3 9 .5 3 9. 1 38.3 3 8 .5 80 TABLE 830.1 YEAR 1910____ 1911 . . . . 1 9 1 2 .... 1 9 1 3 .... 1 9 1 4 .... 1 9 1 5 .... 1916. . . . 1 9 1 7 .... 1 9 1 8 .... 1 9 1 9 .... 1 9 2 0 .... 1921. . . . 1 9 2 2 .... 1 9 2 3 .... 1 9 2 4 .... 1925. . . . 1 9 2 6 .... 1 9 2 7 .... 1 9 2 8 .... 1929-------- CAPITAL NET INVESTMENT (EXPENDITURES LESS CONSUMPTION ALLOWANCES) AMOUNTS IN MILLIONS OF DOLLARS 1 i I 1 1 1 1 1 i 1 1 I .1 1 >1 1 I | 1 1 1 1 J 1 1 1 1 1 9 3 0 .... 1 1 9 3 1 .... | 1932. . . . | 1 9 3 3 .... | 1 9 3 4 .... 1 1 9 3 5 .... 1 1 9 3 6 .... 1 1937.......... >1 1938 .......... ,1 1939.......... .1 I1 1940.......... 1 1941.......... . 1 1942.......... .1 1943.......... .1 1944.......... ,| 1945.......... .1 1946.......... . I 194 7 ..........,| 1948 .......... .1 1949.......... ,1 1 1 1950.......... >1 1951.......... 1952 ...........1 1953.......... . 1 1954.......... .1 1955 .......... . 1 1956...........1 1957...........1 1958.......... . 1 1959.......... .1 i 1 1960.......... 1 1961.......... .| 1962...........1 1963.......... .1 1964.......... .1 1 9 6 5 . . . . . .1 1966.......... . i 1967.......... .1 1 96 8 .......... 1 1969.......... 1 1 1 1 9 7 0 .....► 1 1971.......... . | 1972.......... ,1 1973.......... .1 1974.......... -.1 1975.......... >1 1976.......... .1 197 7 ...........1 1978.......... .1 1979.......... .1 1 TOTAL 115. 87. 91. 71. 9 8. 86. 123. 201. 55. 237. i BUILDINGS AND LAND IMPROVEMENTS 1. OPERATORS' 1 DWELLINGS OTHER TOTAL 1 1 1 -6 . -4 . -2 . | -1 0 . -1 2. | -2 2 . -4 . -1 . | -5 . 0. -1 . -1 . | 8. 7. 15. | -3 . -5 . -8 . | 2 3. 48. 25. 1 75. 121. 46 . 1 15. 78. 63. | 134. 185. 51. | 188. 1 -4 91 . | -3 02 . 1 -1 41 . | -2 23 . | -2 9 . | -2 1 . 1 - 6 . | 16. | 50. 1 1 -2 3 8 . | -4 48 . | -5 40. | -4 47 . | -2 63 . | -8 1 . 1 58. | 151. | -1 02 . 1 50. | i 1 132. | 393. | -3 9 . | -3 35 . | 23 6. | 375. | 1006. | 1875. | 24 82, | 2359. | 1 1 2009• | 1773. | 1254. | 1274. | 583. | 445• 1 75. | 10. | 494 . | 817. | ii 151. | 22 6. | 4 92 . | 71 5. | 7 85 . 1 994. | 1304. | 1665. | 49 6. 1 291. | 1 1 525. | 7 .1 158. | 1764. | 20 27. | 751. | 1215. 1 963. | 1539. 1 1950. | 1 MACHINERY TOTAL ____ 1 I 1 MOTOR VEHICLES TOTAL __ IRACIQRS TRUCKS AUTOS ! OTHER 1 121. 109. 96. 72. 83. 94. 75. 80. -2 3 . 52. 24. 24. 26. 12. 33. 64. 68. 113. 73. 156. 4. 5. 8. 1. 11. 14. 15. 34. 89. 105. 3. 1. 3. 1. 4. 8. 8. 9. 1. 8. 17. 18. 15. 10. 18. 42. 45. 70. -1 7 . 43. 97 . 85. 70. 60 . 50. 30. 7. -3 3 . -9 6 . -1 04 . 39. -1 82 . -1 40 . -106 . -1 30 . -120. -128. -5 8. -8 3 . -100. 18. -9 3. -75. -5 9. -7 2. -6 6. -6 7. -3 8 . -42. -4 9. 21. -8 9 . -65. -47. -5 8 . -54. -6 1. -20. -4 1. -5 1. 149. -309. -162. -3 5 . -9 3 . 91. 107. 52. 99. 150. 70. -9 5. 9. 64. 42. 71. 60. 17. 53. 91 . 53. -5 1. -1 6 . 2. 1. 13. 22. 33. 12. 48. 34. 11. 10. 6. 27. 24. 2 5. 12 . 17. 10. -1 7 . -55. 15. 56. 14. 34. 13. -2 8 . 24. 33. 79 . -2 14 . -1 71 . -9 9. -1 3 5 . 20. 47. 35. 46 . 59. -2 01 . -2 33. -2 43 . -2 06 . -2 1 1 . -144. -1 36 . -7 2 . -9 7 . -7 . -83. -1 00 . -110 . -9 6. -1 02 . -78. -8 4 . -5 6 . -7 2. -2 4. -118. -1 33 . -133 . -110 . -1 09. -66. -52. -16. -2 5. 17. -3 7. -2 15 . -2 97. -241. -52. 63. 194. 223. -5 . 57. 0. -6 0. -1 11 . -7 9 . 61 . 91 . 171. 148. -2 1. 61 . 12. -4 4. -58. -3 8. 2. 50. 81. 109. 24. 37. -1 5 . -2 0 . -2 2 . -1 . 11. 32. 4 2. 31 . -1 2. 5. 3. 4. -3 1 . -40. 48. 9. 48. 8. -3 3 . 19. -3 7 . -1 5 5 . -1 86 . -1 62. -1 13 . -2 8 . 23. 75. 16. -4 . 24. 21. -1 0. -25. 8. 8. 638. 764. 885. 837. 3. -4 . -4 8 . -9 1 . -1 1 3 . -1 13 . 151. 237. 347. 340. 21. 25 . 38. 66 . 121. 121. 487. 527. 538. 497. 108. 372. -2 9 . -3 10 . 228. 367. 368. 1111. 1597. 1522. 87. 237. -154 . -2 28. -1 6 . 58. 228. 648. 848. 933. 81. 156. 28. -8 0 . 105. 97. 89. 260. 403. 425. 9. 36 . -4 5 . -3 5 . -3 2 . -1 5 . 294 . 273 . 225. -3 . 45. -137 . -1 13 . -8 9 . -2 4 . 29. 94 . 172. 283. 21. 135. 125. -8 2 . 244. 309. 140. 463. 749. 589. 740. 655. 709. 590. 419. 313. 379. 323. 272. 505. 277. 226. 246. 188. 110. 37. 67. 4 7. 22. 24. 463. 42 9. 463. 402. 309. 276. 312. 276. 250. 481. 1269. 1118. 545. 684 . 164. 132. -3 04 . -3 13 . 222. 312. 726. 593. 138. 481. 96. 96. -1 91 . -131. 52. 48. 372. 338. 241. 179. 26. 125. -7 1. -9 8 . 35. 116. 155. 68. -4 0 . 9. 18. -3 7 . -3 3 . -1 6 . -1 6 . 0. 199. 187. -63. 293. 52. 8. -87. -1 7 . 33. -6 8 . 54 3. 525. 407. 203. 68. 36. -1 1 3 . -1 82. 170. 264. 475. 483. 506. 478. 407. 32 2. 431. 527. 224. 212. -7 9. 6. -66. -88. -1 1 5 . -2 12 . -165. - 2 02. -3 04 . -2 6 8 . 554. 47 7. 572. 566. 522. 534. 5 96. 729. 528. 480. -3 24 . -2 57 . -14. 237. 378. 672. 873. 1138. 272. 79. -2 54 . -1 59. 13. 61. 145. 204. 290. 251. 85. 1. -1 8 8 . -8 9 . 4. 91. 110. 198. 349. 236. 179. 59. -1 . 13. 13. 16. 48 . -5 . -5 1 . 6. -6 1 . -4 4 . -6 5. -83. -4 . -46. -1 3. 11. -8 . 9. -33. -14. -7 0 . -9 8 . -2 7 . 176. 233. 46 8. 583. 887 . 187. 78 . 199. 99. -2 83 . -4 9 . 745. 551. 719. 824. 776. 865. -418. -4 20 . -5 10 . -7 49 . -2 88 . -7 76 . -8 34 . -7 94. -8 62 . ****** 617. 519. 227. 700. 1033. 1327. 1553. 1618. 1638. ****** 326. -9 2 . 441 . 1813. 1282. 200. 496. 139. 763. 1085. 108. 100. 295. 656. 623. 448. 286. 324. 562. ****** -2 2 . -8 1 . -7 0 . -6 6 . -9 . 6 9. 29 8. 203 . 212 . ****** -4 7. -5 0. -5 . 12. -1 05 . -1 23 . -3 1. 0. -43. ****** 287. -6 1 . 221. 1211. 773. -1 9 4 . -5 7. -3 88. 32. 242. 39. -31. 220. 602. 509. 394. 553. " 527. 731. 843. no. AGRICULTURAL FINANCE DATABOOK— ANNUAL SERIES 900 NOVEMBER 1979 INCOME, EXPENSES, AND CASH FLOW 920 GROSS FARM INCOME, 921.1 92 1.2 921.3 92 1. 4 930 1910-DATE AMOUNTS.......................................................................................................................................... 82 CHANGE FROM PREVIOUS YEAR............................................................................................... 83 PERCENTAGE CHANGE FROM PREVIOUS YEAR.............................................................. . . . 8 4 PERCENTAGE D I S T R I B U T IO N ...................................................................................... . , 8 5 FARM PRODUCTION EXPENSES, 931.1 93 1.2 93 1.3 9 31 .4 940 CASH FLOW AND NET INCOME, 941 AMOUNTS....................................................................................................................................... . 9 0 CHANGE FROM PREVIOUS YEAR............................................................................................ . 9 1 PERCENTAGE CHANGE FROM PREVIOUS YEAR..................................................................... 92 PERCENTAGE D IS T R I B U T IO N .................................................................................................... 93 IN 1967 DOLLARS 942.1 94 2.2 94 2.3 950 AMOUNTS.......................................................................................................................................... 94 CHANGE FROM PREVIOUS YEAR............................................................................................... 95 PERCENTAGE CHANGE FROM PREVIOUS YEAR..................................................................... 96 CASH FLOW AND NET INCOME, 951 1960-DATE CURRENT DOLLARS 951.1 95 1.2 95 1.3 9 51 .4 952 1910-DATE CURRENT DOLLARS 941.1 94 1.2 941.3 9 41 .4 942 1910-DATE AMOUNTS...................................................................................................................................... . -16 CHANGE FROM PREVIOUS YEAR.............................................................................................. 8 ? PERCENTAGE CHANGE FROM PREVIOUS YEAR.............................................................. .*8 PERCENTAGE D IS T R I B U T IO N ..................................................................................... . . 8 9 AMOUNTS.......................................................................................................................................... 97 CHANGE FROM PREVIOUS YEAR................................................................................................97 PERCENTAGE CHANGE FROM PREVIOUS YEAR..................................................................... 97 PERCENTAGE D IS T R I B U T IO N .................................................................................................... 97 IN 1967 DOLLARS 95 2.1 95 2.2 95 2 .3 95 2 .4 AMOUNTS.......................................................................................................................................... 98 CHANGE FROM PREVIOUS YEAR............................................................................................... 98 PERCENTAGE CHANGE FROM PREVIOUS YEAR..................................................................... 98 PERCENTAGE D IS T R I B U T IO N .................................................................................................... 98 ECONOMICS?ES TA Tl’sff csf * AN D COOPERATIVES SERVICE, U . S . DEPARTMENT OF AGRICULTURE. SECTIONS 940 AND 950 DIFFER WITH RESPECT TO THE NONFARM INCOME SERIES USED, AS EXPLAINED IN THE FOOTNOTE TO TABLE 9 4 1 . 1 . 81 82 TABLE 921.1 GROSS FARM INCOME AMOUNTS IN MILLIONS OF DOLLARS UNREALIZED AND NONMONEY INCOME CASH RECEIPTS YEAR | MARKETINGS TOTAL | TOTAL 1 _ TOTAL LIVESTOCK CROPS J GOVERNMENT| I PAYMENTS 1 1 1. OTHER FARM INCOME TOTAL INET CHANGE| HOME 1 RENTAL ] IN ICONSUMPTIONI VALUE OF 1 INVENTQRY1_______________ 1DWELLINGS I 1 1 I I I 1 i 1 I 7689. 6923. 8242. 7653. 8135. 8387. 9305. 14296. 16294. 17316. | | | I | | | I | | 5780. 5584. 6008. 6238. 6036. 6392. 7746. 10736. 13467. 14538. 5780. 5584. 6008. 6238. 6036. 6392. 7746. 10736. 13467. 14538. 2851 . 2679. 2913. 3161. 3137. 3129. 3711. 5094. 6493. 6935. 2929. 2905. 3095. 3077. 2899. 32 63. 403 5. 5642. 6974. 7603. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 1909. 1339. 223 4. 1415. 2099. 1995. 1559. 3560. 2827. 2778. 212. -2 60 . 579. -2 66 . 417 . 327. -3 3 8 . 986. -1 53 . -5 09 . 1270. 1165. 1204. 1222. 1228. 1192. 1384. 2003. 2341. 255 6. 427. 434. 451. 459. 454. 476. 513. 571. 639. 731. 1 9 2 0 .. 1 1 9 2 1 .. 1 1 9 2 2 .. I 1923.. 1 1 9 2 4 .. 1 1 9 2 5 .. | 1926.. 1 1 9 2 7 .. I 1928. . I 1 9 2 9 .. I 16632. 10008. 10957. 12122. 12302. 14081. 13309. 13161. 13738. 13816. I I I I I I I I I | 12600. 8058. 8575. 9545. 10225. 11021. 10558. 10733. 10991. 11312. 12600. 8058. 8575. 9545. 10225. 11021. 10558. 10733. 10991. 11312. 5956. 3 952. 4275. 4680. 4812. 5476. 5683. 5608. 6035. 6182. 66*4. 4106. 4300. 4865. 5413. 5545. 4875. 5125. 4956. 5130. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 4032. 1950. 2382. 2577. 2077. 3060. 2751. 2428. 2747. 2504. 688. -5 65 . -1 02 . -4 5. -4 83 . 365. 7. -1 75. 140. -1 22 . 2509. 1746. 1717. 1772. 1706. 1827. 1875. 1725. 1724. 1713. 835. 769. 767. 850. 854. 868. 869. 878. 883. 913. 1 9 3 0 .. 1931.. 1932.. 1933.. 1934.. 1 9 3 5 .. 1 9 3 6 .. 1937.. 1 9 3 8 .. 1939. . 1 I 1 1 I | I | I I 11203. 8881. 6515. 6913. 7638. 10394. 9950. 12183. 10281. 10680. 1 I I I I | I I | | 9055. 6381. 4748. 5463. 6803. 7693. 8669. 9200. 8169. 8635. 9055. 6381. 4748. 5332. 6357. 7120. 8391. 8864. 7723. 7872. 5187. 3841. 2752. 2846. 3336. 4143. 4742. 4940. 4523. 4536. 3868. 2540. 1996. 2486. 3021. 2977. 3649. 3924. 3200. 3336. 0. 0. 0. 131.. 446. 573. 278. 336. 446. 763. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 2148. 2500. 1767. 1450. 835. 2701 . 1281. 2983. 2112. 2045. -2 69 . 4 60 . 110. -1 94. -9 3 0 . 698. -8 06 . 816. 132. 95 . 1552. 1265. 9 93 . 1030. 1125. 1320. 1394. 1434. 1235. 1209. 865. 775. 664. 614. 640. 683. 693. 733. 745. 741. 1940.. 1 1941. . | 1942.. I 1 9 4 3 .. I 1 9 4 4 .. I 1 9 4 5 .. I 1 9 4 6 .. I 1 9 4 7 .. I 1 9 4 8 .. 1 1 9 4 9 .. 1 11340. 14271. 19893. 23344. 24038. 25374. 29568. 32386. 36454. 30762. I I 1 I 1 I I I | | 9105. 11655. 16215. 20265. 21312. 22405. 25574. 29934. 30484. 27990. 8382. 11111. 15565. 19620. 20536. 21663. 24802. 29620. 30227. 27805. 4913. 6492. 9039. 11493. 11351. 12008. 13786. 16527. 17129. 15409. 3469. 4619. 6526. 8127. 9185. 9655. 11016. 13093. 13098. 12396. 723. 544. 650. 645. 776. 742. 772. 314. 257. 185. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 2235. 2616. 3678. 3079. 2726. 29 69 . 3994. 2452. 5970. 2772. 281. 4 20 . 1099. -5 3 . -4 10 . -4 3 9 . 29. -1760. 1732. -8 6 6 . 1210. 1429. 1758. 2253. 2181. 23 56 . 2662. 2765. 2733. 22 30. 744. 767. 821. 879. 955. 1052. 1303. 1447. 1505. 1408. 1 9 5 0 .. 1951. . 1 9 5 2 .. 1 9 5 3 .. 1954. . 1 9 5 5 .. 1 9 5 6 .. 1957.. 1 9 5 8 .. 1 9 5 9 .. 1 I 1 I 1 I I I I | 33103. 38282. 37751. 34447. 34181. 33476. 33959. 34788. 38958. 37890. | I 1 I 1 1 1 I 1 1 28764. 33186. 32873. 31298. 30190. 29842. 31096. 30899. 34767. 34556. 28461. 32858. 32528. 31001. 29832. 29490. 30401. 29714. 33456. 33647. 16105. 19619. 18238. 16923. 16276. 15967. 16363. 17376. 19227. 18904. 12356. 13239. 14290. 14078. 13556. 13523. 14038. 12338. 14229. 14743. 283. 2 86. 275. 213. 257. 229. 554. 1016. 1089. 682. 20. 42. 70. 84. 101. 123. 141. 169. 222. 227. 4339. 5096. 4878. 3149. 3991. 3634. 2863. 3889. 4191. 333 4. 812. 1184. 92 2. -6 23 . 49 1. 215. -4 56 . 618 . 825. 14. 2063. 2304. 2220. 2007. 1789. 1678. 1585. 1484. 1505. 1289. 1464. 1608. 1736. 1765. 1711. 1741. 1734. 1787. 1861. 2031. I9 6 0 .. 1 1 9 6 1 .. | 1962.. I 1963.. I 1 9 6 4 .. I 1 9 6 5 .. | 1966. . I 1967.. I 1 9 6 8 .. 1 1969. . | 38894. 40547. 42343. 43368. 42304. 46549. 50468. 50520. 51847. 56408. j I 1 I I I 1 I I I 35194. 36900. 38472. 39458. 39843. 42215. 47128. 46380. 48166. 52532. 34248. 35164. 36468. 37477. 37326. 39365. 43435. 42817. 44183. 48179. 18989. 19514. 20158. 20047. 19948. 21886. 25026. 24383. 25487. 28573. 15259. 15650. 16310. 17430. 17378. 17479. 18409. 18434. 18696. 19606. 702. 1493. 1747. 1696. 2181. 2463. 3277. 3079. 3462. 3794. 244. 243. 257. 285. 336. 387. 416. 434. 521. 559. 370 0. 364 7. 3871. 3910. 2461. 4334. 3340. 4140. 3681 . 3876. 397. 336. 620. 629. -8 17. 1042. -8 3. 657. 124. 9 9. 1205. 1109. 9 93 . 92 1. 835. 8 11 . 824. 736. 7 19 . 731 . 2098. 2202. 2258. 2360. 2443. 2481. 2599. 2747. 2638. 3046. 1 9 7 0 .. I 1971. . i 1972. . | 1 9 7 3 .. I 1974. . 1 1 9 7 5 .. I 1976. . 1 1977.. | 1978. . 1 1 9 7 9 .. I 58575. 62000. 70980. 98911. 98340. 100338. 101812. 108535. 125976. 145000. 1 54799. 1 56645. 1 65814. I 90488. I 93969. I 90249. 1 96871. | 99034. I 115773. I 132100. 50539. 52859. 61190. 87068. 92449. 88209. 94780. 95654. 111042. 129000. 29563. 30583. 35670. 45936. 41359. 43059. 46112. 47432. 58991. 67000. 20976. 22276. 25520. 41132. 51090. 45150. 48668. 48222. 52051. 62000. 3717. 3145. 3961. 2607. 531. 807. 734. 1819. 3030. 1200. 543. 641. 663. 813. 989. 1233. 1357. 1561. 1701. 1900. 3776. 5355. 5166. 8423. 4371. 10089. 4941. 9501. 10203. 12900. 6. 1397. 861. 3406. -1 61 1. 3400. -2366. 1057. 1062. 3100. 751. 732. 831. 1104. 1295. 1269. 1334. 1293. 1394. 1400. 3019. 3226. 3474. 3913. 4687. 5420. 5973. 7151. 7747. 8400. 1 9 1 0 .. 1911.. 1912.. 1913. . 1914. . 1 9 1 5 .. 1 9 1 6 .. 1 9 1 7 .. 1 9 1 8 .. 1919.. THESE USDA SERIES INCLUDE SHARE RENT AND GOVERNMENT PAYMENTS RECEIVED BY LANDLORDS. TABLE 921.2 83 GROSS FARM INCOME CHANGE FROM PREVIOUS YEAR IN MILLIONS OF DOLLARS UNREALIZED AND NONMONEY INCOME CASH RECE IPTS YEAR TOTAL MARKETINGS TOTAL .. TOTAL LIVESTOCK CROPS 1GOVERNMENT! I PAYMENTS I 1 L OTHER FARM INCOME TOTAL I RENTAL INET CHANGE! HOME I IN ICONSUMPTI ONI VALUE OF 1DUELLINGS 1 INVENTORY! 1911... 1 9 1 2... 1 91 3... 191 4... 1 915... 191 6... 1 91 7... 191 8... 1919. . . -7 6 6 . .1319. -5 89 . 482. 252. 918. 4991. 1998. 1022. -1 96 . 424. 230. -2 02 . 356. 1354. 2990. 2731. 1071. -1 96 . 424. 230. -2 02 . 356. 1354. 2990. 2731. 1071. -1 72 . 234. 248. -2 4. -8 . 582. 1383. 1399. 442. -24. 190. -18. -1 78 . 364. 772. 1607. 1332. 629. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. -5 7 0 . 895. -8 1 9 . 68 4. -1 04 . -4 36 . 2001. -7 33 . -4 9 . -4 72 . 839. -8 45 . 683. -9 0 . -6 65 . 1324. -1139. -3 56 . -1 0 5 . 39. 18. 6. -3 6 . 192. 6 19 . 33 8. 215 . 7. 17. 8. -5 . 22. 37. 58. 68. 92. 192 0... 1921... 1 92 2... 1923. . . 1 92 4... 1925. . . 1 92 6... 1 92 7... 1928. . . 1 92 9... -6 84. -6624. 949. 1165. 180. 1779. -772. -1 48 . 577. 78. -193 8. -4 54 2. 517. 970. 680. 796. -4 63 . 175. 258. 321. -1 93 8. -4542. 517. 970. 680. 796. -4 63 . 175. 258. 321. -9 79 . -2004. 323. 405. 132. 664. 207. -75. 427. 147. -959 . -2538. 194. 565. 548. 132. -6 7 0 . 25 0. -1 69 . 174. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 1254. -2 08 2. 4 32 . 195. -500. 98 3. -3 09 . -3 23 . 319. -2 4 3 . 1197. -1253. 463. 57. -4 38 . 848. -3 5 3 . -1 8 2 . 315. -2 62 . -4 7 . -7 6 3 . -2 9 . 55 . -6 6 . 121 . 48. -1 50 . -1 . -1 1 . 104. -6 6 . -2 . 83. 4. 14. 1. 9. 5. 30. 1930. . . 1931. . . 1932. . . 1 9 3 3... 1 93 4... 1 935... 1936. . . 1937. . . 1 93 8... 1939. . . -2613. -2322. -2366. 398. 725. 2756. -444 . 2233. -1902. 399. -2257. -2674. -163 3. 715. 1340. 890. 976. 531. -1 03 1. 466. -2 25 7. -2674. -1633. 584. 1025. 763. 1271. 473. -1141. 149. -995 . -1346. -1089. 94. 490. 807. 599. 198. -4 1 7 . 13. -12^2. -1328. -544. 490. 535. -44. 672. 275. -7 24 . 136. 0. 0. 0. 131. 315. 127. -2 95 . 58. 110. 317. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. -3 5 6 . 352 . -7 3 3 . -3 17 . -6 1 5 . 1866. -1 420. 1702. -8 71 . -6 7. -1 47 . 729. -3 50 . -3 04 . -7 36 . 1628. -1 50 4. 1622. -6 84 . -3 7 . -1 61 . -287. -2 72 . 3 7. 9 5. 195. 74 . 4 0. -1 9 9 . -2 6 . -4 8 . -9 0. -1 1 1 . -5 0 . 26. 43. 10. 40. 12. -4 . 1 94 0... 1 941... 1942. . . 1 94 3... 1 94 4... 1 94 5... 1 9 4 6 ... 1947... 1 94 8... 1 94 9... 660. 2931. 5622. 3451. 694. 1336. 4194. 2818. 4068. -5692. 470. 2550. 4560. 4050. 1047. 1093. 3169. 4360. 550. -2494. 510. 2729. 4454. 4055. 916. 1127. 3139. 4818. 607. -2 42 2. 377. 1579. 2547. 2454. -142. 657. 1778. 2741. 602. -1720. 133. 1150. 1907. 1601. 1058. 470. 1361. 2077. 5. -7 02. -4 0 . -1 7 9 . 106. -5 . 131. -3 4 . 30. -4 58. -5 7 . -72. 0. 0. 0. 0. 0. 0. 0. 0. Q» 0. 190. 3 81 . 1062. -599. -3 53. 243. 1025. -1542. 3518. -319 8. 186. 139. 679. -1152. -3 57 . -2 9. 468. -1789. 3492. -2598. 1. 219. 329. 495 . -7 2 . 175. 30 6. 103. -3 2 . -5 0 3 . 3. 23. 54. 58. 76. 97. 251. 144. 58. -9 7 . 1 9 5 0... 1951. . . 1 9 5 2... 195 3... 1954... 1 9 5 5... 1 9 5 6... 1957. . . 1958. . . 1959... 2341. 5179. -531. -3304. -266. -7 05. 483. 829. 4170. -1068. 774. 4422. -3 13 . -1 57 5. -1108. -3 48. 1254. -1 97 . 3868. -211. 656. 4397. -3 30 . -1527. -1169. -3 42 . 911. -687. 3742. 191. 696. 3514. -1381. -1315. -647. -309. 396. 1013. 1851. -3 2 3 . -4 0 . 883. 1051. -2 12 . -5 22 . -3 3. 515. -1 7 0 0 . 1891 . 514. 98. 3. -1 1. -6 2. 44. -2 8 . 325. 462. 73. -4 07 . 20. 22. 28. 14. 17. 22. 18. 28. 53. 5. 1567. 757. -2 18 . -1729. 842. -3 5 7 . -7 71 . 1026. 302. -8 5 7 . 1678. 372. -2 62. -1545. 1114. -2 7 6 . -6 71 . 1074. 207. -8 11 . -1 67 . 241. -8 4 . -2 13 . -2 18 . -1 1 1 . -9 3 . -1 01 . 21. -2 1 6 . 56. 144. 128. 29. -5 4 . 30. -7 . 53. 74. 170. 1960. . . 1961. . . 1962. . . 1963. . . 1 96 4... 1 965... 1966. . . 1 96 7... 1 9 6 8... 1 96 9... 1004. 1653. 1796. 1025. -1064. 4245. 3919. 52. 1327. 4561. 638. 1706. 1572. 986. 385. 2372. 4913. -7 48 . 1786. 4366. 601. 916. 1304. 1009. -1 51 . 2039. 4070. -6 18. 1366. 3996. 85. 525. 644. -111. -9 9. 1938. 3140. -643. 1104. 3086. 516. 391. 660. 1120. -5 2. 101. 930. 25 . 26 2. 910. 20. 791. 254. -5 1 . 485. 282. 814. -1 9 8 . 383. 332. I 7. -1 . 14. 28. 51. 51. 29. 68. 37. 38. 366. -5 3 . 224. 39. -1449. 1873. -9 94 . 800. -4 5 9 . 195. 383. -6 1. 284. 9. -1 44 6. 1859. -1125. 740. -5 3 3 . -2 5 . -8 4. -9 6 . -1 16 . -7 2 . -8 6 . -2 4 . 13. -8 8 . -1 7 . 12. 67. 104. 56. 102. 83. 38. 118. 148. 91. 208. 197 0... 1 9 7 1... 1 97 2... 1 9 7 3 ... 197 4... 1 97 5... 1976. . . 1 97 7... 1 9 7 8 ... 1 9 7 9... 2167. 3425. 8980. 27931. -5 71. 1998. 1474. 672 3. 17441. 19024. 2267. 1846. 9169. 24674. 3481. -3 7 2 0 . 66 22 . 216 3. 16739. 16327. 2360. 2320. 8331. 25878. 5381. -4 2 4 0 . 6571. 874. 15388. 17958. 990. 1020. 5087. 10266. -4577. 1700. 3053. 1320. 11559. 8009. 1370. 1300. 3244. 15612. 9958. -5 9 4 0 . 3518. -4 46. 3829. 9949. -7 7. -572. 816. -1 3 5 4 . -2076. 276. -7 3 . 1085. 1211. -1830. -16. 98. 22. 150. 176. 244. 124. 204. 140. 199. -1 00 . 1579. -1 8 9 . 3257. -4 05 2. 571 8. -5 148. 456 0. 702. 269 7. -9 3 . 1391. -5 36 . 2545. -5 0 1 7 . 5011. -5 76 6. 3423. 5. 2038. 20. -1 9 . 99 . 273 . 191. -2 6 . 65. -4 1 . 101. 6. -2 7 . 207. 248. 439. 774. 733. 553. 1178. 596. 653. TABLE 921.3 GROSS FARM INCOME PERCENTAGE CHANGE FROM PREVIOUS YEAR 1 1 | 1 1 1 1911...| 1912...| 1913...| 1914...| 1915...| 1 9 1 6 ...| 1 917...1 1918...1 1 9 1 9 ...| 1 1 9 2 0 ...| 1921...1 1922...1 1 923.. .| 1 9 2 4 ...| 1925.. . J 1926...| 1 92 7...| 1928...| 1929. . . | i 1930...| 1 9 3 1 ...| 1 9 3 2 ...| 1 9 3 3 ...| 1934...| 1935...| 1936. . . | 1937.. . | 1938. . . | 1939.. . | ■ 1 1 9 4 0 ...| 1 9 4 1 ... | 1942. . . | 1943...| 1944...1 1 9 4 5 ... | 1 9 4 6 ...| 1 94 7... | 1948. . . | 1 9 4 9 ...| 1 1 95 0... | 1 951.. . | 1 95 2...1 1 9 5 3 ... | 1 9 5 4 ...| 1955...| 1 9 5 6 ...| 1957...| 1 95 8...| 1 95 9... j YEAR UNREALIZED AND NONMONEY INCOME CASH RECEIPTS TOTAL TOTAL ! 1 ! MARKETINGS TOTAL LIVESTOCK CROPS IGOVERNMENTI | PAYMENTS | i 1 OTHER FARM INCOME TOTAL INET CHANGE] HOME | RENTAL 1 IN |CONSUMPTION! VALUE OF 1 INVENTORY!_______________ 1DWELLINGS 9.0 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** -2 9 .9 66 .8 -3 6 .7 4 8 .3 -5 .0 -2 1 .9 128.4 -2 0 .6 -1 .7 ***** ***** ***** ***** ***** ***** ***** ***** ***** -8 .3 3 .3 1.5 0 .5 -2 .9 16.1 4 4 .7 16.9 9 .2 1. 6 3 .9 1 .8 -1 .1 4 .8 7 .8 11.3 11.9 14 .4 -1 2.6 -3 8.2 4 .7 13.1 11.3 2.4 -1 2.1 5.1 -3 .3 3. 5 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 4 5 .1 -5 1 .6 8. 2 -1 9 .4 4 7 .3 -1 0 .1 -1 1 .7 13.1 -8 .8 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** -1 .8 -3 0 .4 -1 .7 3.2 -3 .7 7.1 2 .6 -8 .0 -0 .1 -0 .6 14.2 -7 .9 -0 .3 1 0.8 0. 5 1.6 0. 1 1 .0 0.6 3.4 -1 6.1 -2 5 .9 -2 8 .4 3 .4 17.2 24.2 14.5 4. 2 -8 .4 0.3 -2 4 .6 -3 4 .3 -2 1 .4 24.5 21 .5 -1 .5 22.6 7 .5 -1 8 .5 4. 2 ***** ***** ***** ***** 24 0.5 2 8.5 -5 1.5 2 0 .9 32 .7 71.1 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** -1 4 .2 1 6.4 -2 9 .3 -1 7 .9 -4 2 .4 22 3 .5 -5 2 .6 13 2.9 -2 9 .2 -3 .2 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** -9 .4 -1 8 .5 -2 1 .5 3 .7 9.2 17.3 5. 6 2.9 -1 3 .9 -2 .1 -5 .3 -1 0 .4 -1 4 .3 -7 .5 4.2 6.7 1 .5 5 .8 1 .6 -0 .5 6. 5 3 2. 6 40.1 26.1 4 .7 5. 5 14.5 19 .4 2 .0 -8 .0 8.3 32.1 39.2 27.1 -1 .2 5 .8 14.8 19.9 3 .6 -1 0 .0 4 .0 33.2 41 .3 24.5 13.0 5.1 14.1 18.9 0 .0 -5 .4 -5 .2 -2 4 .8 19.5 -0 .8 20.3 -4 .4 4 .0 -5 9 .3 -1 8.2 -2 8 .0 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 9.3 17.0 4 0 .6 -1 6 .3 -1 1 .5 8 .9 3 4 .5 -3 8 .6 143.5 -5 3 .6 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 0 .1 18.1 2 3 .0 28.2 -3 .2 8 .0 13.0 3 .9 -1 .2 -1 8 .4 0 .4 3 .1 7.0 7. 1 8.6 1 0 .2 23.9 11.1 4.0 -6 .4 2.8 15.4 -0 .9 -4 .8 -3 .5 -1 .2 4 .2 -0 .6 12.5 -0 .6 2 .4 15.4 -1 .0 -4 .7 -3 .8 -1 .1 3.1 -2 .3 12.6 0 .6 4 .5 21 .8 -7 .0 -7 .2 -3 .8 -1 .9 2 .5 6 .2 10.7 -1 .7 -0 .3 7.1 7 .9 -1 .5 -3 .7 5 3 .0 1.1 -3 .8 -2 2 .5 2 0. 7 -1 0 .9 141.9 8 3.4 7. 2 -3 7 .4 ***** 110.0 6 6 .7 2 0.0 20.2 21.8 14.6 1 9. 9 3 1 .4 2.3 56.5 17.4 -4 .3 -3 5 .4 2 6.7 -8 .9 -2 1 .2 3 5 .8 7 .8 -2 0 .4 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** -7 .5 11.7 -3 .6 -9 .6 -1 0 .9 -6 .2 -5 .5 -6 .4 1. 4 -1 4 .4 4.0 9.8 8 .0 1 .7 -3 .1 1.8 -0 .4 3.1 4.1 9 .1 2.6 4 .3 4 .4 2.4 -2 .5 1 0. 0 8.4 0.1 2.6 8.8 1.8 4 .8 4 .3 2 .6 1.0 6.0 11.6 -1 .6 3 .9 9.1 1.8 2.7 3 .7 2 .8 -0 .4 5.5 10.3 -1 .4 3. 2 9 .0 0 .4 2.8 3.3 -0 .6 -0 .5 9.7 14.3 -2 .6 4 .5 12.1 3 .5 2 .6 4 .2 6.9 -0 .3 2 .9 11 2.7 17.0, -2 .9 28.6 12.9 3 3.0 -6 .0 12 .4 9 .6 7 .5 -0 .4 5 .8 1 0.9 17.9 15.2 7. 5 16.3 7.3 11 .0 -1 .4 6 .1 1 .0 -3 7.1 76.1 -2 2 .9 2 4.0 -1 1.1 5 .3 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** -6 .5 -8 .0 -1 0 .5 -7 .3 -9 .3 -2 .9 1 .6 -1 0 .7 -2 .3 1.7 3 .3 5 .0 2 .5 4 .5 3 .5 1.6 4 .8 5 .7 3 .3 7.3 3 .8 5 .8 14 .5 3 9 .4 -0 .6 2 .0 1 .5 6 .6 16 .1 15.1 4 .3 3 .4 16.2 3 7. 5 3 .8 -4 .0 7.3 4.9 4 .6 15.8 42.3 6.2 -4 .6 7.4 0. 9 16.1 16.2 3 .5 3.5 16.6 28.8 -1 0 .0 4.1 7.1 2.9 2 4.4 13.6 7.0 6.2 -2.0 -2 .9 18.0 3.<t 2 2. 6 2 1 .6 2 4. 7 10.1 1 5. 0 9.0 11.7 -2 .6 4 i.e -3 .5 63.0 -4 8 .1 13 0.8 -5 1 .0 9 2. 3 7.4 2 6 .4 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 2 .7 -2 .5 13.5 32 .9 17.3 -2 .0 5.1 -3 .1 7 .8 0 .4 -0 .9 6.9 7 .7 1 2. 6 1 9 .8 1 5.6 10 .2 19 .7 8 .3 8.4 -1 0 .0 19.1 -7 .1 6 .3 3 .1 10 .9 5 3 .6 1 4.0 6.3 -3 .4 7.6 3.8 -3 .2 5 .9 21 .2 3 8. 6 2 5. 4 8 .0 -3 .4 7.6 3.8 -3 .2 5. 9 21.2 3 8.6 2 5. 4 8 .0 -6 .0 8.7 8.5 -0 .8 -0 .3 18.6 37.3 27 .5 6 .8 6. 5 -0 .6 -5 .8 12.6 23.7 3 9.8 2 3.6 -4 .0 -3 9 .8 9.5 10.6 1 .5 14 .5 -5 .5 -1 .1 4 .4 0.6 -1 3 .3 -3 6 .0 6.4 11.3 7.1 7.8 -4 .2 1.7 2 .4 2 .9 -1 3 .3 -3 6 .0 6.4 11.3 7.1 7 .8 -4 .2 1.7 2 .4 2 .9 -1 4.1 -3 3.6 8.2 9 .5 2 .8 13.8 3.8 -1 .3 7.6 2 .4 -1 8 .9 -2 0 .7 -2 6 .6 6.1 1 0.5 36.1 -4 .3 2 2 .4 -1 5 .6 3.9 -2 0 .0 -2 9 .5 -2 5 .6 15.1 2 4. 5 13.1 12.7 6. 1 -1 1 .2 5 .7 -2 0 .0 -2 9.5 -2 5 .6 12.3 19.2 12.0 17.9 5 .6 -1 2 .9 1.9 6 .2 2 5 .8 39.4 17 .3 3 .0 5 .6 16.5 9 .5 1 2. 6 -1 5 .6 5 .4 28 .0 39 .1 25 .0 5.2 5.1 14.1 17.0 1.8 -8 .2 7 .6 15 .6 -1 .4 -8 .8 -0 .8 -2 .1 1 .4 2.4 1 2. 0 -2 .7 1 960.. . | 1961...| 1962...| 1963. . . | 1 964...1 1 9 6 5 ... | 1 966...1 1 9 6 7 ...| 1968...| 1 9 6 9 ...| 1 9 7 0 ...| 1 97 1... | 1 9 7 2 ...| 1 973.. .| 1 974.. .| 1 97 5... | 1976...1 1 9 7 7 ...| 1 978.. .| 1 97 9... | ____ L_ 2.2 16.9 14.1 -0.8 -0.2 3 .8 -1 2 .1 15.3 3 .6 0 .6 5 .3 0.1 1. 4 4.9 14.6 6 1 .2 24 .2 -1 1.6 7 .8 -0 .9 7 .9 19.1 -1 5 .4 2 5.9 -3 4 .2 -7 9 .6 52.0 -9 .0 147.8 6 6 .6 -6 0 .4 7.6 22.2 TABLE 921.4 85 GROSS FARM INCOME PERCENTAGE OF TOTAL UNREALIZED AND NONMONEY INCOME CASH RECEIPTS YEAR TOTAL 1 MARKETINGS TOTAL 1 TOTAL LIVESTOCK CROPS I GOVERNMENT! j PAYMENTS l i 1 OTHER FARM INCOME TOTAL |NET CHANGE! HOME 1 RENTAL | IN ICONSUMPTIONI VALUE OF t INVENTORY! I DWELLINGS 1910. . . 1 91 1... 191 2... 1913. . . 1 91 4... 1 9 1 5... 1 91 6... 191 7... 191 8... 1 91 9... 100.0 100.0 100.0 100.0 100.0 10 0.0 100.0 100.0 10 0.0 10 0.0 | | 1 | | | | | | | 7 5. 2 80.7 72.9 81.5 74.2 76.2 83.2 75.1 82.7 84.0 75.2 80.7 72.9 81. 5 74.2 76.2 83.2 75.1 82.7 84.0 37.1 38.7 35.3 4 1. 3 38.6 37 .3 39.9 3 5.6 3 9.8 4 0. 0 38. 1 4 2. 0 37.6 40.2 35 .6 38 .9 4 3.4 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 0. 0 0 .0 0. 0 0. 0 0 .0 0 .0 0. 0 0.0 0 .0 0 .0 2 4. 8 19.3 27 .1 18.5 2 5.8 23.8 16.8 24 .9 17.3 16.0 2 .8 -3 .8 7.0 -3 .5 5.1 3 .9 -3 .6 6.9 -0 .9 -2 .9 16.5 16.8 14.6 16.0 15.1 14.2 14.9 14.0 14.4 14.8 5.6 6 .3 5. 5 6.0 5.6 5. 7 5.5 4 .0 3 .9 4 .2 1 92 0... 1921 . . . 1922. . . 1923. . . 1 92 4... 1925. . . 1926. . . 1927. . . 1 92 8... 1929. . . 100.0 100.0 10 0.0 100.0 100.0 10 0.0 100.0 10 0.0 100.0 100.0 | | 1 | | | | | | | 75.8 80.5 78 .3 7 8.7 83.1 78.3 79.3 81 .6 80.0 81.9 75.8 80.5 78.3 78.7 83.1 78.3 79.3 81.6 80.0 81.9 3 5.8 39.5 3 9. 0 3 8. 6 39. 1 3 8.9 42 .7 4 2.6 4 3.9 4 4. 7 39 .9 41 .0 39.2 40.1 4 4.0 39 .4 36.6 3 8.9 36.1 37.1 0 .0 0.0 0 .0 0 .0 0 .0 0. 0 0 .0 0 .0 0 .0 0 .0 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 21 .7 2 0. 7 1 8.4 2 0.0 18.1 4. 1 -5 .6 -0 .9 -0 .4 -3 .9 2 .6 0. 1 -1 .3 1.0 -0 .9 15.1 17.4 15.7 14.6 13.9 13.0 14.1 13.1 12.5 12.4 5.0 7.7 7 .0 7 .0 6.9 6 .2 6 .5 6 .7 6.4 6 .6 1930. . . 193 1... 1932. . . 1933. . . 1934. . . 1935. . . 1 93 6... 1 93 7... 1938. . . 1 93 9... 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 10 0.0 | | | | l | j | I | 80.8 71.9 72.9 79.0 89.1 74.0 87.1 75.5 79.5 80.9 80.8 71.9 72.9 77. 1 83.2 68.5 84.3 72.8 75.1 7 3.7 4 6. 3 43 .2 42.2 41 .2 43 .7 39 .9 47 .7 4 0.5 4 4. 0 42 .5 34.5 28.6 30 .6 36.0 39.6 28.6 36 .7 32.2 31.1 31.2 0 .0 0 .0 0 .0 1.9 5 .8 5. 5 2 .8 2 .8 4 .3 7 .1 0. 0 0. 0 0 .0 0 .0 0 .0 0 .0 0 .0 0. 0 0 .0 0. 0 19.2 28.1 27.1 21 .0 10.9 26 .0 12.9 2 4. 5 20.5 19.1 -2 .4 5 .2 1 .7 -2 .8 -1 2 .2 6.7 -8 . 1 6.7 1.3 0 .9 13.9 14.2 15.2 14.9 14.7 12.7 14.0 11.8 12.0 11.3 7. 7 8. 7 10.2 8. 9 8 .4 6 .6 7 .0 6 .0 7.2 6 .9 1940. . . 1941 . . . 1942. . . 1943. . . 1944. . . 1 9 4 5... 1946. . . 1947. . . 1948. . . 1949. . . 100.0 100.0 100.0 100.0 100.0 10 0.0 100.0 10 0.0 100.0 10 0.0 l I l J i | 1 | | | 80 .3 81.7 81.5 86 .8 88 .7 88.3 86.5 9 2. 4 83.6 9 1.0 73 .9 77.9 78.2 84.0 85.4 85.4 83.9 91.5 82.9 9 0.4 4 3.3 45.5 4 5. 4 4 9.2 4 7. 2 •47.3 4 6. 6 51.0 4 7. 0 50.1 30.6 32.4 32.8 34.8 38.2 38.1 37.3 4 0.4 3 5.9 40.3 6 .4 3.8 3 .3 2 .8 3. 2 2 .9 2 .6 1.0 0 .7 0 .6 0. 0 0 .0 0.0 0. 0 0 .0 0 .0 0. 0 0 .0 0 .0 0 .0 19.7 18.3 18.5 13.2 11.3 11.7 13.5 7 .6 16.4 9.0 2. 5 2 .9 5. 5 -0 .2 -1 .7 -1 .7 0.1 -5 .4 4 .8 -2 .8 10.7 10.0 8. 8 9.7 9 .1 9 .3 9 .0 8 .5 7 .5 7 .2 6 .6 5. 4 4.1 3. 8 4.0 4.1 4.4 4 .5 4. 1 4 .6 195 0... 1 95 1... 1 95 2... 1953. . . 1 95 4... 1955. . . 1956. . . 1 95 7... 1958. . . 195 9... 100.0 100.0 100.0 100.0 10 0.0 100.0 100.0 10 0.0 10 0.0 10 0.0 | | | i i | j j | | 86.9 86 .7 87. 1 9 0.9 88.3 89.1 9 1 .6 88.8 89.2 91 .2 86.0 85.8 86.2 90.0 87.3 88.1 89.5 8 5.4 85.9 88.8 4 8.7 5 1.2 48.3 49.1 4 7. 6 4 7. 7 48 .2 4 9.9 4 9 .4 4 9. 9 37.3 34 .6 37.9 40 .9 3 9.7 4 0. 4 41.3 3 5.5 36.5 38.9 0 .9 0 .7 0 .7 0. 6 0.8 0 .7 1 .6 2 .9 2. 8 1.3 0. 1 0.1 0 .2 0.2 0 .3 0 .4 0 .4 0. 5 0 .6 0. 6 13.1 13.3 12.9 9 .1 11.7 10.9 8 .4 11.2 10.8 8 .8 2. 5 3 .1 2.4 -1 .8 1 .4 0 .6 -1 .3 1.8 2.1 0 .0 6 .2 6.0 5 .9 5 .8 5 .2 5 .0 4 .7 4 .3 3 .9 3.4 4 .4 4 .2 4 .6 5.1 5 .0 5.2 5.1 5.1 4 .8 5 .4 1960. . . 1 9 6 1... 1 96 2... 1 96 3... 1 96 4... 1 96 5... 1 9 6 6... 1967. . . 196 8... 1969. . . 10 0.0 100.0 100.0 100.0 10 0.0 10 0.0 100.0 10 0.0 100.0 100.0 | | | | | | | 1 j l 9 0. 5 91.0 9 0. 9 9 1.0 9 4 .2 90 .7 9 3 .4 91.8 9 2. 9 93 .1 88.1 86.7 86.1 86.4 88.2 84.6 86.1 84.8 85.2 85.4 4 8. 8 48.1 47.6 46 .2 4 7.2 4 7 .0 4 9. 6 4 8.3 49.2 50 .7 39.2 38.6 38.5 40.2 41.1 37.5 36.5 36.5 36.1 34.8 1.8 3.7 4. 1 3 .9 5.2 5 .3 6 .5 6.1 6 .7 6 .7 0.6 0.6 0.6 0.7 0.8 0 .8 0.8 1. 0 1.0 1.0 9 .5 9.0 9.1 9 .0 5 .8 9.3 6.6 8 .2 7. 1 6.9 1. 0 0.8 1. 5 1 .5 -1 .9 2 .2 -0 .2 1.3 0 .2 0 .2 3.1 2.7 2.3 2.1 2 .0 1.7 1.6 1.5 1 .4 1. 3 5. 4 5 .4 5 .3 5 .4 5 .8 5. 3 5.1 5 .4 5.5 5 .4 1970. . . 1971. . . 1 97 2... 1973. . . 1974. . . 1 9 7 5... 1976. . . 1977. . . 1 97 8... 1979. . . 100.0 100.0 10 0.0 100.0 100.0 10 0.0 100.0 100.0 10 0.0 100.0 | I I l j | j I | | 9 3.6 9 1. 4 92 .7 91.5 95.6 89.9 9 5.1 9 1 .2 91.9 91.1 86.3 85.3 86.2 88.0 9 4.0 87.9 93. 1 88.1 88.1 89.0 50.5 4 9. 3 50.3 4 6 .4 42.1 4 2.9 4 5 .3 4 3. 7 46 .8 46.2 35.8 3 5.9 36.0 41 .6 52 .0 4 5.0 47.8 4 4. 4 41.3 42.8 6 .3 5 .1 5 .6 2 .6 0 .5 0 .8 0. 7 1.7 2.4 0 .8 0.9 1.0 0.9 0 .8 1.0 1.2 1.3 1.4 1.4 1.3 6 .4 8. 6 7.3 8 .5 4.4 10.1 4.9 8 .8 8. 1 8 .9 0 .0 2 .3 1.2 3.4 -1 .6 3 .4 -2 .3 1 .0 0 .8 2.1 1.3 1.2 1.2 1.1 1. 3 1.3 1.3 1.2 1.1 1 .0 5.2 5.2 4 .9 4 .0 4 .8 5 .4 5 .9 6 .6 6. 1 5.8 86 TABLE 931.1 FARM PRODUCTION EXPENSES AMOUNTS IN MILLIONS OF DOLLARS CURRENT OPERATING EXPENSES OTHER PRODUCTION EXPENSES 3531. 3581. 3833. 3973. 4029. 4167. 4836. 6092. 7507. 8331. 1 | 1 1 1 | 1 1 1 1 1 1 1 1 1 1 1 1920...1 1921...| 1 9 2 2 ...| 1 9 2 3 ...| 1924...| 1 9 2 5 ...| 1926...| 1927...1 1928. . . | 1 929...| 8837. 6638. 6614. 7054. 7447. 7347. 7372. 7462. 7757. 7664. 1 1 1 1 1 1 1 1 1 1 5992. 4056. 4049. 441 2. 4745. 4804. 4864. 48 39. 5135. 5029. 1854. 1035. 1104. 1234. 1549. 1506. 1429. 1497. 1699. 1545. 1821. 1353. 1356. 1506. 1543. 1642. 1726. 1683. 1794. 1835. 1790. 1170. 1127. 1251. 1248. 1267. 1330. 1302. 1290. 1300. 527. 458. 46 2. 421. 405. 389. 379. 357. 352. 349. 2845. 2582. 2565. 2642. 2702. 2543. 2508. 2623. 2622. 2635. 1211. 1039. 9 34 . 943. 952. 872. 886. 890. 900. 91 6. 556. 586. 583. 590. 583. 589. 599. 620. 636. 651. 574 . 6 53 . 6 80 . 6 79 . 6 47 . 6 12 . 598. 593. 590. 582 . 504. 304. 368. 430. 520. 470. 425. 520. 496. 486. 1 930...| 1931. . . | 1 93 2...1 1933.. .| 1934...| 1935. . . | 1 9 3 6 ...| 1937.. . | 1938. . . | 1 939...| | 1 940...| 1941.,.| 1 942...1 1 9 4 3 ...| 1944. . . | 1 9 4 5 ...| 1946...| 1 9 4 7 ...| 1 9 4 8 . . .| 1 949.. .| | 1950.. .| 1 95 1...| 1952. . . | 1953...| 1 954...| 1 955...| 1 956...| 1957. . . | 1 9 5 8 ...| 1959. , . | | 1960.,.| 1961. . . | 1962. . . I 1963...| 1 964...| 1 965...| 1966. . . | 1 9 6 7 ...| 1 9 6 8 ...| 1969. . . | 6944. 5537. 4483. 4358. 4715. 5116. 5642. 6178. 5920. 6266. 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 4450. 3403. 2658. 2646. 2955. 3275. 3727. 4209. 4001. 4345. 1277. 818. 620. 686. 829. 948. 1185. 1331. 1131. 1366. 1680. 1385. 1128. 1148. 1276. 1414. 1538. 1752. 1735. 1811 . 1177. 914. 669. 617. 679. 775. 868. 988. 979. 988. 316. 286. 241. 195. 171. 138. 136. 138. 156. 180. 2494. 2134. 1825. 1712. 1760. 1841. 1915. 1969. 1919. 1921. 955 . 856. 73 4. 6 44 . 650 . 6 64 . 728 . 79 6. 833. 781. 648. 589. 510. 438. 424. 434. 440. 45 2. 448. 456. 570. 553. 5 26 . 4 72 . 4 30 . 396. 36 4. 341. 320 . 305. 321. 136. 55. 158. 256. 347. 383. 380. 318. 379. 4869. 5517. 7077. 8472. 9136. 9910. 11074. 13066. 14380. 13395. 1712. 1927. 2803. 3449. 3679. 4184. 4620. 5639. 6166. 5096. 1942. 2125. 2433. 2801. 3078. 3258. 3739. 4430. 4965. 5197. 1029. 1249. 1631. 2027. 2202. 2299. 2532. 2783. 2990. 2806. 186. 216. 210. 195. 177. 169. 183. 214. 259. 296. 1989. 2264. 2963. 3136. 3197. 3152. 3426. 3966. 4410. 4587. 797. 870. 1335. 1369. 1425. 1310. 1189. 1553. 2002. 2365. 451. 46 3. 466. 477. 499. 557. 617. 733. 806. 872. 293 . 28 4. 2 72 . 24 6. 23 0. 221. 219. 225. 232. 243. 448. 647. 890. 1044. 1043. 1064. 1401. 1455. 1370. 1107. 1 | 1 1 1 1 1910.. .| 1 911...| 1912...| 1913...1 1914...| 1915.. .| 1 91 6.,.| 1917...| 1 918...| 1 919...| YEAR TOTAL 6858. 7781. 10040. 11608. 12333. 13062. 14500. 17032. 18790. 17982. 19455. 22348. 22790. 21467. 21808. 22171. 22705. 23703. 25790. 27177. 27376. 28590. 30279. 31598. 31812. 33650. 36508. 38181. 39525. 42115. i 1 9 7 0 . . . | 44424. 1971...| 47367. 1 9 7 2 . . . | 52315. 1973...| 65562. 1974. . . | 72210. 1975...| 75863. 1 976...| 83130. 1977...| 88776. 1978...1 98096. 1 9 7 9 . . . | 114000. ITEMS WITH FARM ORIGIN (LIVES TO CK, FEED, SEED) ITEMS WITH NONFARM 2397. 2367. 2544. 2619. 2635. 2642. 3060. 3836. 4968. 5433. 681. 603. 710. 718. 691. 680. 853. 1150. 1760. 1 802 . 754. 794. 824. 856. 896. 898. 1032. 1244. 1521. 1706. 755. 758. 789. 804. 804. 815. 904. 1127. 1337. 1515. 207. 212 . 221. 241. 244. 2 49 . 271. 315. 350. 410. TOTAL HIRED LABOR O R IG IN INTEREST 0N| NON-REAL- 1 ESTATE | DEBT i INTEREST ON MORTGAGE DEBT CAPITAL CONSUMPTION ALLOWANCES PROPERTY TAXES 1134. 1214. 1289. 1354. 1394. 1525. 1776. 2256. 2539. 2898. 41 6. 443. 4 69 . 4 81 . 482. 524. 597 . 714 . 90 2. 1040. 195. 215. 225. 257. 261. 284. 304. 339. 361. 454. 203. 2 25 . 25 2. 27 6. 296. 314. 3 41 . 378 . 4 17 . 47 6. 320. 331. 343. 340. 355. 403. 534. 825. 859. 928. TOTAL RENT 1 1 1 1 1 1 1 1 1 1 1 1 i 1 1 1 1 1 1 1 1 1 14374. 16559. 16692. 15394. 15613. 15871. 16253. 17037. 18791. 19848. 5 805. 7132. 6 843. 5641. 5994. 5985. 6023. 6479. 7751. 7928. 5424. 6105. 6540. 6585. 6603. 6829. 7120. 7325. 7633. 8364. 2811. 2921. 2857. 2736. 2596. 2615. 2641 . 2734. 2842. 2906. 334. 401. 452. 432. 420. 442. 469. 499. 565. 650. 5081. 5789. 6098. 6073. 6195. 6300. 6452. 6666. 6999. 7329. 2665. 3147. 3326. 3454. 35 81. 3700. 3723. 391 3. 4011. 4251. 919. 983. 1033. 1060. 1084. 1141. 1178. 1242. 1306. 1429. 264. 291 . 318 . 34 5. 371 . 4 02 . 4 42 . 4 82 . 52 1. 5 72 . 1233. 1368. 1421. 1214. 1159. 1057. 1109. 1029. 1161. 1077. 19758. 20561. 21846. 22696. 22504. 23704. 25901. 27071. 27556. 29399. 7577. 8037. 8856. 9235. 8592. 9306. 10705. 10891. 10864. 12196. 8400. 8591. 8882. 9156. 9471. * 9766. 10371. 11186. 11454. 11617. 3062. 3192. 3299. 3400. 3483. 3604. 3683. 3723. 3920. 4152. 719. 741. 809. 905. 958. 1028. 1142. 1271. 1318. 1434. 7618. 8029. 8433. 8902. 9308. 9 946. 10607. 11110. 11969. 12716. 4337. 4388. 4530. 4696 . 4903. 5111. 5384. 5781. 62 00. 6574. 1529. 1609. 1677. 1737. 1798. 1874. 2002. 2122. 2298. 2456. 628. 6 86 . 759. 846. 952. 1075. 1198. 1325. 1472. 1625. 1124. 1346. 1467. 1623. 1655. 1886. 2023. 1882. 1999. 2061. 1 1 1 1 1 1 1 1 1 1 31172. 33162. 35990. 45557. 50407. 51923. 57638. 61270. 67277. 79300. 13279. 14244. 16180. 22906. 21726. 19890. 22778. 23829. 27486. 32 800. 11926. 12905. 13449. 15208. 19916. 22720. 24641. 26389. 27773. 32900. 4349. 4367. 4594. 5232. 6036. 6357. 7037. 7452. 7691. 8000. 1618. 1646. 1767. 2211. 2729. 2956. 3182. 3600. 4327. 5600. 13252. 14205. 16325. 20005. 21803. 23940. 25492. 27506. 30819. 34700. 6760. 7350. 7887. 8945. 10563. 12586. 13813. 15156. 16648. 18600. 2596. 2704. 2815. 2886. 3096. 3333. 3607. 3940. 4226. 4500. 1764. 1905. 2132. 2495. 3044. 3421. 3852. 4352. 5232. 6300. 2132. 2246. 3491. 5679. 5100. 460 0. 4220. 4058. 4713. 5300. 1 1 .L "RENT" IS NET RENT PLUS GOVERNMENT PAYMENTS TO NONOPFRATOR LANDLORDS (NONFARM LANDLORDS FROM 1910 THROUGH 1 9 5 8 ). THE USDA SERIES CALLED "NET RENT" IS GROSS CASH AND SHARE RENT LESS LANDLORDS' INTEREST, TAXES, CAPITAL CONSUMPTION ALLOWANCES, AND FARM OPERATING EXPENSES. THE USDA INCLUDES THESE LANDLORD EXPENSES IN THE RESPECTIVE SERIES SHOWN IN TH IS TA BLE. TABLE 931.2 87 FARM PRODUCTION EXPENSES CHANGE FROM PREVIOUS YEAR IN MILLIONS OF DOLLARS CURRENT OPERATING EXPENSES YEAR TOTAL TOTAL ITEMS In ITH FARM ORIGIN (LIVESTOCK, FEED. SEED) ITEMS WITH NONFARM HIRED LABOR ORI GI N OTHER PRODUCTION EXPENSES INTEREST ON NON-REALESTATE DEBT TOTAL CAPITAL CONSUMPTION ALLOWANCES PROPERTY TAXES INTEREST ON MORTGAGE DEBT RENT 1911. . . 1 91 2... 1913. . . 1914. . . 1915. . . 1 91 6... 1917. . . 1 91 8... 1919. . . 50. 252. 140. 56. 138. 669 . 1256. 1415. 824. -3 0 . 177. 75. 16. 7. 418. 776. 1132. 465. -7 8 . 107. 8. -27. -1 1 . 173. 297. 610. 42. 40. 30. 32. 40. 2. 134. 212. 277. 185. 3. 31. 15. 0. 11. 89. 223. 210. 178. 5. 9. 20. 3. 5. 22. 44. 35. 60. 80. 75. 65. 40. 131. 251. 480. 283. 359. 27. 26. 12. 1. 42. 73. 117. 188. 138. 20. 10. 32. 4. 23. 20. 35. 22. 93. 22 . 27 . 24. 20. 18. 27. 37 . 39. 59. 11. 12. -3 . 15. 48 . 131. 291. 34. 69. 1920. . . 1921. . . 1 92 2... 1 92 3... 1924. . . 1925. . . 1926. . . 1927. . . 1928. . . 1929. . . 506. -2199. -2 4 . 440. 393. -1 0 0 . 25. 90. 295. -9 3. 559. -1 93 6. -7 . 363. 333. 59. 60 . -25. 296. -1 06 . 52. -819. 69. 130. 315. -43. -7 7 . 68. 202. -1 54 . 115. -4 68 . 3. 150. 37. 99. 84. -4 3. 117. -2 9 . -3 6. -4 1 . -1 6. -1 6 . -1 0. -22. -5 3 . -263. -1 7. 77. 60. -1 59 . -3 5. 115. 171. -172. -1 05 . -5. -3. -1 . 41 . 275. -6 20 . -43. 124. -3 . 19. 63. -2 8 . -1 2 . 10. 13. 9. -8 0. 14. 4. 10. 16. 102. 30. -3 . 7. -7 . 6. 10. 21. 16. 15. 9 8. 79 . 27. -1 . -3 2 . -3 5 . -1 4 . -5 . -3 . -8 . -4 24 . -200. 64. 62. 90. -5 0. -4 5 . 95. -2 4. -10. 1930. . . 1931. . . 1932. . . 1 933... 1934. . . 1 9 3 5... 1936. . . 193 7... 1 93 8... 1 93 9... -720. -1407. -1054. -125. 357. 401. 526. 536. -2 5 8 . 346. -579. -1 04 7. -7 45 . -12. 309. 320. 452. 482. -208. 344. -2 68 . -4 59 . -198. 66. 143. 119. 237. 146. -200 . 235. -155. -2 95 . -257. 20. 128. 138. 124. 214. -1 7. 76. -123. -263 . -245. -5 2 . 62. 96. 93. 120. -9 . 9. -3 3 . -30. -4 5. -4 6 . -2 4. -3 3 . -2 . 2. 13. 24. -141. -3 60 . -3 09 . -1 13. 48. 81. 74. 54. -5 0. 2. 39. -9 9. -1 22 . -9 0 . 6. 14. 64. 68 . 37. -5 2 . -3. -1 2 . -1 7 . -2 7 . -5 4 . -4 2 . -3 4 . -3 2 . -2 3 . -2 1 . -1 5 . -1 65 . -1 85 . -81. 103. 98. 91. 36. -3 . -6 2 . 61. 1 94 0... 1 94 1... 1 94 2... 194 3... 194 4... 1 94 5... 1 94 6... 1 9 4 7 ... 1 94 8... 1 9 4 9... 592. 923. 2259. 1568. 725. 729. 1438. 2532. 1758. -8 08. 524. 648. 1560. 1395. 664. 774. 1164. 1992. 1314. -9 85 . 346. 215. 876. 646. 230. 505. 436. 1019. 527. -1070. 131. 183. 308. 368. 277. 180. 481. 691. 535. 232. 41. 220. 382. 396. 175. 97. 233. 251. 207. -184. 6. 30. -6 . -1 5 . -1 8. -8 . 14. 31 . 16. 73. 465. 34. 56. -1 15 . -1 21 . 364. 4 49 . 363. -5 . 12. 3. 11. 22. 58. 60. 116. 73. 66. -1 2 . 37. 68. 275. 699. 173. 61. -4 5 . 274. 540. 444. 177. 7. 11. 69. 199. 243. 154. -1 . 21. 337. 54. -8 5. -2 63. 1 95 0... 195 1... 195 2... 1 95 3... 1954. . . 1 95 5... 195 6... 1957. . . 195 8... 1 9 5 9... 1473. 2893. 442. -1323. 341. 363. 534. 998. 2087. 1387. 979. 2185. 133. -1298. 219. 258. 382. 784. 1754. 1057. 709. 1327. -289. -1202. 353. -9 . 38. 456. 1272. 177. 227. 681. 435. 45. 18. 226. 291 . 205. 308. 731. 5. 110. -6 4 . -121 . -140 . 19. 26. 93 . 108. 64. 38. 67. 51. -20. -1 2 . 22. 27. 30. 66 • 85. 494. 708. 309. -2 5. 122. 105. 152. 214. 333. 330. 300. 4 82 . 179. 128. 127. 119. 23. 190. 98. 240 . 47. 64 . 50. 27. 24. 57. 37. 64. 64 . 123. 21. 27. 27. 27. 26. 31. 40 . 4 0. 39. 51 . 126. 135. 53. -2 07 . -5 5. -1 0 2 . 52. -8 0 . 132. -84. 1 960... 1961. . . 1 9 6 2... 1 9 6 3... 1 9 6 4... 1 96 5... 1 9 6 6... 1967. . . 196 8... 196 9... 199. 1214. 1689. 1319. 214. 1838. 2858. 1673. 1344. 2590. -90. 803. 1285. 850. -1 92 . 1200. 2197. 1170. 485. 1843. -3 51 . 460. 819. 379. -643. 714. 1399. 186. -2 7 . 1332. 36. 191. 291. 274. 315. 295. 605. 815. 268. 163. 156. 130. 107. 101. 83. 121. 79. 40. 197. 232. 69. 22. 68. 96. 53. 70. 114. 129. 47. 116. 289. 411. 404. 469. 406. 638. 661. 503. 859. 747. 86. 51. 142. 166. 207. 208. 273. 39 7. 419. 374 . 100. 80. 68. 60. 61. 76. 128. 120. 176. 158. 56. 58. 73. 87 . 106. 123. 123. 127. 147. 153. 47. 222. 121. 156. 32. 231. 137. -1 41 . 117. 62. 197 0... 197 1... 1 97 2... 1973. . . 197 4... 1 97 5... 197 6... 1 97 7... 197 8... 1979. . . 2309. 2943. 4948. 13247. 6648. 3653. 7267. 5646. 9320. 15904. 1773. 1990. 2828. 9567. 4850. 1516. 5715. 3632. 6007. 12023. 1083. 965. 1936. 6726. -1 1 8 0 . -1836. 2888. 1051. 3657. 5314. 309. 979. 544. 1759. 4708. 2804. 1921. 1748. 1384. 5127. 197. 18. 227. 638. 804. 321. 680. 415. 239. 309. 184. 28. 121. 444, 518. 227. 226. 418. 727. 1273. 536. 953. 2120. 3680. 1798. 2137. 1552. 2014. 3313. 3881. 186. 590. 537. 1058. 1618. 2023. 1227. 1343. 1492. 1952. 140. 108. 111. 71. 210. 237. 274. 333. 286. 274. 139. 141 . 227. 363 . 549. 377. 431. 500. 880. 1068. 71. 114. 1245. 2188. -5 79. -5 00 . -380. -162. 655. 587. 111. 45. 1 9. -59. -7 9. -7 2 . -1 4 . 10. 6. 12. -4 . 8. -9. -1 2 . -2 6 . -1 6 . -9 . -2 . 6. TABLE 931.3 FARM PRODUCTION EXPENSES PERCENTAGE CHANGE FROM PREVIOUS YEAR OTHER PRODUCTION EXPENSES CURRENT OPERATING EXPENSES YEAR TOTAL TOTAL ITEMS WITH FARM ORIGIN (LIVES TO CK, FEED. SEEDJ ITEMS WITH NONFARM ORIGIN HIRED LABOR INTEREST ON NON-REALESTATE DEBT TOTAL CAPITAL CONSUMPTION ALLOWANCES PROPERTY TAXES INTEREST ON MORTGAGE DEBT RENT 1 9 1 1... 1912. . . 1913. . . 1 91 4... 1915. . . 1916. . . 1917. . . 191 8... 1919. . . 1 .4 7 .0 3 .7 1 .4 3 .4 16.1 2 6 .0 2 3.2 11.0 -1 .3 7. 5 2 .9 0 .6 0.3 15.8 2 5. 4 29.5 9.4 -1 1 .5 17.7 1.1 -3 .8 -1 .6 25 .4 3 4. 8 53.0 2 .4 5.3 3 .8 3.9 4 .7 0.2 14.9 20 .5 22 .3 12.2 0.4 4. 1 1.9 0. 0 1 .4 10.9 24.7 18.6 13.3 2 .4 4.2 9 .0 1.2 2.0 8 .8 16.2 11.1 17.1 7.1 6. 2 5.0 3.0 9.4 16.5 2 7. 0 12.5 14.1 6 .5 5 .9 2.6 0 .2 8 .7 13.9 19.6 2 6.3 15.3 10.3 4.7 14.2 1 .6 8 .8 7 .0 11.5 6. 5 25 .8 10.8 12.0 9 .5 7 .2 6 .1 8 .6 10.9 10.3 14.1 3.4 3 .6 -0 .9 4.4 1 3.5 3 2 .5 5 4. 5 4. 1 8 .0 192 0... 1921. . . 1922. . . 1923. . . 1 9 2 4... 1 92 5... 192 6... 1927. . . 1928. . . 1 92 9... 6.1 -2 4 .9 -0 .4 6 .7 5 .6 -1 .3 0 .3 1.2 4 .0 -1 .2 10.3 -3 2. 3 -0 .2 9. 0 7. 5 1.2 1.2 -0 .5 6 .1 -2 .1 2 .9 -4 4 .2 6.7 11.8 25.5 -2 .8 -5 .1 4.8 13.5 -9 .1 6 .7 -2 5.7 0 .2 11.1 2 .5 6 .4 5.1 -2 .5 6. 6 2.3 18.2 -3 4.6 -3 .7 11.0 -0 .2 1.5 5 .0 -2 .1 -0 .9 0 .8 28.5 -5 .5 -7 .2 -8 .9 -3 .8 -4 .0 -2 .6 -5 .8 -1 .4 -0 .9 -1 .8 -9 .2 -0 .7 3 .0 2. 3 -5 .9 -1 .4 4.6 -0 .0 0. 5 16.4 -1 4 .2 -1 0.1 1.0 1. 0 -8 .4 1 .6 0 .5 1.1 1 .8 2 2 .5 5 .4 -0 .5 1.2 -1 .2 1.0 1.7 3 .5 2 .6 2.4 20.6 13.8 4 .1 -0 .1 -4 .7 -5 .4 -2 .3 -0 .8 -0 .5 -1 .4 -4 5 .7 -3 9 .7 21.1 16.8 2 0. 9 -9 .6 -9 .6 2 2 .4 -4 .6 -2 .0 193 0... 1 93 1... 1932. . . 1933. . . 193 4... 1935. . . 1936. . . 1937. . . 1 93 8... 1939. . . -9 .4 -2 0 .3 -1 9 .0 -2 .8 8. 2 8. 5 10.3 9 .5 -4 .2 5 .8 -1 1 .5 -2 3 .5 -2 1 .9 -0 .5 11.7 10.8 13.8 12.9 -4 .9 8 .6 -1 7 .3 -3 5 .9 -2 4.2 10.6 20 .8 14.4 25.0 12.3 -1 5 .0 20 .8 -8 .4 -1 7 .6 -1 8 .6 1.8 11.1 10.8 8.8 13.9 -1 .0 4 .4 -9 .5 -2 2 .3 -2 6 .8 -7 .8 10.0 14. 1 12.0 13.8 -0 .9 0. 9 -9 .5 -9 .5 -1 5 .7 -1 9.1 -1 2.3 -1 9.3 -1 .4 1.5 13.0 15.4 -5 .4 -1 4 .4 -1 4 .5 -6 .2 2.8 4 .6 4 .0 2.8 -2 .5 0. 1 4 .3 -1 0 .4 -1 4 .3 -1 2 .3 0 .9 2 .2 9 .6 9.3 4.6 -6 .2 -0 .5 -9 .1 -1 3 .4 -1 4.1 -3 .2 2.4 1 .4 2 .7 -0 .9 1.8 -2 .1 -3 .0 -4 .9 -1 0.3 -8 .9 -7 .9 -8 .1 -6 .3 -6 .2 -4 .7 -3 4 .0 -5 7 .6 -5 9 .6 187.3 6 2 .0 3 5.5 1 0.4 -0 .8 -1 6 .3 19.2 194 0... 194 1... 194 2... 1 9 4 3 ... 1 94 4... 1 94 5... 1 94 6... 1 9 4 7 ... 194 8... 1 94 9... 9.4 13.5 2 9.0 15 .6 6 .2 5 .9 11.0 17.5 10.3 -4 .3 12.1 13.3 28.3 19.7 7 .8 8 .5 11.7 18.0 10.1 -6 .8 25 .3 12.6 45.5 23.0 6 .7 13.7 10.4 22.1 9.3 -1 7.4 7.2 9 .4 14.5 15.1 9.9 5.8 14.8 18.5 12.1 4 .7 4.1 21.4 30.6 24 .3 8.6 4 .4 1j . 1 9 .9 7.4 -6 .2 3. 3 16.1 -2 .8 -7 .1 -9 .2 -4 .5 8 .3 16.9 21 .0 14.3 3 .5 13.8 3 0.9 5.8 1.9 -1 .4 8.7 15.8 11.2 4 .0 2 .0 9 .2 5 3 .4 2 .5 4 .1 -8 .1 -9 .2 3 0. 6 2 8. 9 18.1 -1 .1 2 .7 0 .6 2 .4 4 .6 1 1.6 10.8 18.8 10 .0 8 .2 -3 .9 -3 .1 -4 .2 -9 .6 -6 .5 -3 .9 -0 .9 2.7 3.1 4 .7 18.2 4 4 .4 37 .6 17.3 -0 .1 2 .0 31 .7 3 .9 -5 .8 -1 9.2 1950. . . 1 9 5 1... 1 9 5 2 ... 1953. . . 1 95 4... 1955. . . 195 6... 1 95 7... 1 95 8... 1 95 9... 8.2 1 4.9 2 .0 -5 .8 1.6 1.7 2 .4 4 .4 8 .8 5 .4 7 .3 15.2 0 .8 -7 .8 1 .4 1.7 2 .4 4.8 10.3 5.6 13.9 22.9 -4 .1 -1 7.6 6.3 -0 .2 0.6 7.6 19.6 2.3 4 .4 12.6 7.1 0.7 0.3 3 .4 4.3 2.9 4.2 9 .6 0.2 3.9 -2 .2 -4 .2 -5 .1 0 .7 1.0 3. 5 2 .3 12.8 20.1 12.7 -4 .4 -2 .8 5.2 6 .1 6.4 13.2 15.0 10.8 13.9 5.3 -0 .4 2.0 1.7 2 .4 3.3 5 .0 h .7 12.7 18.1 5 .7 3 .8 3 .7 3 .3 0 .6 5.1 2 .5 6.0 5 .4 7.0 5.1 2.6 2.3 5 .3 3 .2 5 .4 5. 2 9 .4 8. 6 10.2 9. 3 8.5 7.5 8 .4 10.0 9 .0 8.1 9 .8 11 .4 10 .9 3 .9 -1 4 .6 -4 .5 -8 .8 4 .9 -7 .2 12.8 -7 .2 1 96 0... 196 1... 1962. . . 1 96 3... 196 4... 1965. . . 1966. . . 1 96 7... 1 96 8... 1 96 9... 0 .7 4.4 5 .9 4.4 0 .7 5 .8 8. 5 4.6 3 .5 6 .6 -0 .5 4. 1 6 .2 3.9 -0 .8 5. 3 9 .3 4 .5 1.8 6 .7 -<♦.4 6.1 10.2 4.3 -7 .0 8.3 15.0 1.7 -0 .2 12.3 0 .4 2.3 3 .4 3.1 3 .4 3.1 6.2 7.9 2 .4 1.4 5 .4 4.2 3 .4 3.1 2 .4 3. 5 2. 2 1. 1 5.3 5.9 10.6 3.1 9 .2 11.9 5 .9 7.3 11.1 11.3 3 .7 8. 8 3. 9 5. 4 5. 0 5.6 4. 6 6. 9 6 .6 4. 7 7.7 6 .2 2.0 1.2 3. 2 3 .7 4.4 4 .2 5 .3 7 .4 7 .2 6 .0 7 .0 5.2 4 .2 3 .6 3 .5 4. 2 6 .8 6 .0 8. 3 6.9 9 .8 9.2 10.6 11.5 12.5 12.9 11.4 10.6 11.1 10.4 4 .4 19.8 9 .0 10.6 2 .0 14 .0 7.3 -7 .0 6.2 3.1 197 0... 1971. . . 197 2... 1973. . . 197 4... 1 9 7 5... 1976. . . 1 97 7... 197 8... 1 97 9... 5. 5 6 .6 1 0.4 25 .3 10.1 5.1 9 .6 6.8 10.5 16.2 6 .0 6.4 8 .5 26.6 10.6 3 .0 11.0 6.3 9.8 17.9 8.9 7. 3 13.6 4 1.6 -5 .2 -8 . 5 14.5 4.6 15.3 19.3 2.7 8.2 4.2 13.1 31.0 14.1 8.5 7.1 5.2 18.5 4 .7 0 .4 5.2 13.9 15.4 5.3 10.7 5.9 3.2 4 .0 12.8 1.7 7 .4 25.1 23.4 8 .3 7 .6 13.1 20.2 29.4 4. 2 7.2 14.9 22.5 9 .0 9.8 6. 5 7.9 12.0 12.6 2 .8 8.7 7. 3 13 .4 18.1 19 .2 9 .7 9. 7 9 .8 11.7 5 .7 4. 2 4.1 2.5 7.3 7.7 8 .2 9.2 7.3 6 .5 8 .6 8 .0 11.9 17.0 22 .0 12.4 12.6 13.0 20.2 20.4 3 .4 5. 3 5 5 .4 6 2 .7 -1 0 .2 -9 .8 -8 .3 -3 .8 16. 1 1 2. 5 4.0 TABLE 931.4 89 FARM PRODUCTION EXPENSES PERCENTAGE OF TOTAL 1 1 | 1 1 i i 1910.. .| 1 9 1 1 ...I 1 9 1 2 ...j 1913. . . | 1 9 1 4 ...| 1915. . . | 1 9 1 6 ...J 1 9 1 7 ...| 1918...| 1 919...| 1 1920...| 1921...1 1922...1 1 9 2 3 ...! 1 9 2 4 ...| 1 925...| 1 9 2 6 ... | 1 9 2 7 ...! 1 92 8 ...! 1 92 9...! YEAR OTHER PRODUCTION EXPENSES CURRENT OPERATING EXPENSES TOTAL TOTAL ITEMS WITH FARM ORIGIN (LIVES TOC K, FEED, SEEDJ ITEMS WITH NONFARM ORIGIN HIRED LABOR INTEREST ON NON-REALESTATE DEBT TOTAL CAPITAL CONSUMPTION ALLOWANCES PROPERTY TAXES INTEREST ON MORTGAGE DEBT RENT 10 0 .0 100.0 100.0 100.0 100.0 100.0 100.0 10 0.0 100.0 100.0 6 7. 9 66.1 6 6 .4 6 5 .9 6 5 .4 6 3 .4 6 3.3 63 .0 6 6.2 6 5 .2 19.3 16.8 18.5 18.1 17.2 16.3 17.6 18.9 2 3 .4 21.6 2 1. 4 22.2 21.5 2 1.5 22.2 2 1.6 21.3 2 0. 4 20.3 20.5 2 1.4 21.2 20.6 20.2 2 0.0 19.6 18.7 18.5 17.8 18.2 5 .9 5 .9 5 .8 6. 1 6 .1 6.0 5 .6 5.2 4 .7 4 .9 32.1 3 3. 9 3 3 .6 34. 1 34 .6 36 .6 3 6.7 37.0 3 3. 8 34.8 11.8 1 2.4 12.2 12.1 12 .0 12.6 12.3 11.7 12.0 12.5 5 .5 6.0 5 .9 6.5 6.5 6.8 6.3 5 .6 4 .8 5.4 5. 7 6 .3 6 .6 6 .9 7.3 7 .5 7.1 6.2 5 .6 5 .7 9 .1 9 .2 8. 9 8 .6 8. 8 9 .7 11 .0 13 .5 1 1. 4 11.1 10 0.0 100.0 100.0 100.0 100.0 10 0.0 100.0 100.0 100.0 100.0 6 7.8 61.1 6 1.2 6 2.5 6 3. 7 6 5 .4 6 6 .0 6 4. 8 66.2 6 5. 6 2 1. 0 15.6 16.7 17.5 20.8 20 .5 19.4 20.1 21.9 20.2 20.6 2 0. 4 20.5 21.3 20.7 22.3 2 3.4 2 2. 6 23.1 23.9 20.3 17.6 17.0 17.7 16.8 17.2 18.0 17.4 16.6 17.0 6.0 7 .5 7 .0 6.0 5 .4 5. 3 5 .1 4. 8 4 .5 4 .6 32 .2 3 8. 9 3 8. 8 37.5 3 6.3 3 4. 6 3 4 .0 35.2 3 3. 8 3 4 .4 13.7 15.7 14.1 1 3. 4 12.8 11.9 12 .0 11.9 11.6 1 2.0 6.3 8 .8 8 .8 8.4 7 .8 8 .0 8 .1 8.3 8 .2 8 .5 6 .5 9 .8 10.3 9 .6 8 .7 8 .3 8.1 7 .9 7. 6 7 .6 5 .7 4 .6 5 .6 6 .1 7 .0 6.4 5 .8 7.0 6 .4 6 .3 1930. . . | 1931...1 1932.. .| 1 93 3...! 1 9 3 4 ...| 1935...1 1 93 6 ...! 1937...| 1938...| 1 939.. . J j 1 9 4 0 ...| 1941...| 1 94 2...! 1 9 4 3 ...! 1 94 4 ...! 1945...| 1946. . . | 1 94 7 ...! 1 94 8 ...! 1 9 4 9 ...! 1 1 1 9 5 0 ...! 1951. . . ! 1 95 2 ...! 1 95 3...! 1 95 4...! 1 95 5...! 1 95 6... ! 1 9 5 7 ...| 1958. . . ! 1959. . . | 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 6 4.1 6 1 .5 5 9.3 6 0 .7 6 2.7 6 4.0 6 6.1 6 8. 1 6 7. 6 6 9. 3 18.4 14.8 13.8 15.7 17.6 18.5 2 1.0 2 1. 5 19.1 21.8 24.2 25.0 25.2 26.3 27.1 27.6 2 7.3 2 8.4 29 .3 28 .9 16 .9 16.5 14.9 14.2 14.4 15.1 15.4 16.0 16.5 15.8 4 .6 5.2 5 .4 4 .5 3 .6 2.7 2.4 2 .2 2.6 2.9 3 5 .9 38 .5 4 0 .7 3 9. 3 3 7. 3 36 .0 3 3. 9 31.9 3 2 .4 3 0. 7 13.8 15.5 1 6.4 14.8 13.8 13.0 12.9 12.9 14.1 12.5 9.3 1 0. 6 11 .4 10.1 9.0 8 .5 7.8 7.3 7 .6 7.3 8 .2 10.0 11.7 10.8 9. 1 7.7 6.5 5.5 5 .4 4 .9 4.6 2 .5 1.2 3 .6 5 .4 6 .8 6 .8 6.2 5 .4 6.0 100.0 100.0 100.0 100.0 10 0. 0 100.0 100.0 100.0 100.0 100.0 7 1. 0 70.9 70 .5 7 3. 0 74.1 7 5. 9 7 6 .4 76 .7 76.5 7 4. 5 2 5. 0 2 4. 8 27.9 2 9.7 29.8 3 2. 0 31 .9 33.1 3 2.8 28.3 2 8.3 27 .3 24.2 24.1 25 .0 2 4.9 25.8 2 6.0 26.4 28.9 15.0 16.1 16.2 17.5 17.9 17.6 17.5 16.3 15.9 15.6 2 .7 2 .8 2 .1 1. 7 1 .4 1 .3 1 .3 1.3 1 .4 1 .6 2 9. 0 29 .1 2 9.5 2 7. 0 2 5. 9 24.1 2 3 .6 2 3. 3 2 3. 5 2 5.5 11 .6 11.2 13.3 11.8 11.6 10 .0 8 .2 9.1 10.7 13.2 6.6 6 .0 4.6 4 .1 4 .0 4.3 4 .3 4.3 4.3 4 .8 4.3 3.6 2 .7 2 .1 1.9 1.7 1.5 1.3 1.2 1 .4 6 .5 8.3 8 .9 9 .0 8.5 8.1 9 .7 8. 5 7 .3 6 .2 100.0 10 0.0 100.0 10 0.0 10 0.0 100.0 100.0 100.0 100.0 100.0 7 3.9 7 4.1 7 3.2 71.7 7 1.6 71.6 7 1. 6 7 1.9 72 .9 73.0 29 .8 3 1. 9 3 0. 0 26 .3 27.5 2 7 .0 26.5 27.3 30.1 2 9.2 27.9 27.3 28.7 30 .7 30.3 30 .8 3 1. 4 3 0.9 29 .6 30.8 14.4 13.1 12.5 12.7 11.9 11.8 11.6 11.5 11.0 10.7 1 .7 1.8 2 .0 2 .0 1. 9 2.0 2 .1 2.1 2 .2 2.4 26.1 2 5 .9 2 6.8 2 8.3 2 8 .4 2 8 .4 2 8 .4 28.1 27.1 2 7. 0 13 .7 14.1 14.6 16.1 1 6. 4 1 6.7 1 6. 4 16.5 15.6 1 5.6 4.7 4 .4 4 .5 4 .9 5 .0 5.1 5 .2 5 .2 5. 1 5 .3 1 .4 1.3 1 .4 1.6 1.7 1.8 1. 9 2 .0 2.0 2.1 6 .3 6. 1 6 .2 5.7 5 .3 4 .8 4.9 4 .3 4 .5 4.0 1 9 6 0 ...I 1961. . . i 1962. . . ! 1 963...| 1 9 6 4 ...| 1 96 5...! 1966. . . ] 1 96 7...! 1968. . . ! 1969. . . ! j 1 9 7 0 ...! 1971...| 1972...1 1 9 7 3 ... | 1 97 4 ...! 1 9 7 5 ...! 1976. . . | 1977. . . ) 1978. . . ! 1 9 7 9 ...! 1 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 72 .2 7 1.9 72.1 71.8 70 .7 7 0 .4 70.9 70.9 6 9. 7 69.8 27.7 28.1 29.2 2 9.2 2 7 .0 27 .7 29.3 28.5 2 7.5 2 9.0 30.7 30 .0 29.3 2 9.0 29.8 29.0 2 8. 4 2 9.3 29.0 27.6 11 .2 11.2 10.9 10.8 10.9 10.7 10.1 9.8 9 .9 9 .9 2.6 2.6 2 .7 2 .9 3 .0 3.1 3.1 3 .3 3 .3 3 .4 27.8 28.1 2 7. 9 28.2 2 9.3 2 9.6 29.1 29.1 30.3 3 0.2 15.8 15 .3 15 .0 14.9 1 5. 4 15.2 14.7 15.1 15.7 15.6 5 .6 5 .6 5 .5 5 .5 5 .7 5 .6 5 .5 5 .6 5 .8 5 .8 2. 3 2 .4 2 .5 2. 7 3 .0 3 .2 3 .3 3 .5 3.7 3 .9 4 .1 4 .7 4 .8 5.1 5.2 5. 6 5. 5 4.9 5. 1 4 .9 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 70.2 70.0 68 .8 6 9.5 6 9.8 6 8 .4 6 9 .3 6 9. 0 68 .6 6 9. 6 29.9 30.1 3 0.9 34 .9 30.1 26.2 2 7.4 26 .8 2 8.0 28.8 26.8 27.2 25.7 23.2 27 .6 29.9 29.6 29 .7 28.3 28.9 9. 8 9.2 8. 8 8. 0 8 .4 8 .4 8 .5 8 .4 7.8 7. 0 3 .6 3 .5 3.4 3.4 3 .8 3.9 3 .8 4 .1 4.4 4 .9 29.8 3 0.0 31.2 3 0.5 30.2 31.6 30.7 31.0 31 .4 3 0.4 15.2 15.5 15.1 13.6 14.6 16.6 16.6 17.1 17.0 16 .3 5 .8 5 .7 5 .4 4.4 4 .3 4.4 4 .3 4 .4 4.3 3.9 4.0 4 .0 4. 1 3 .8 4 .2 4 .5 4.6 4.9 5 .3 5 .5 4 .8 4 .7 6 .7 8. 7 7. 1 6.1 5.1 4 .6 4 .8 4 .6 90 TABLE 941.1 CASH FLOW AN0 NET INCOME CURRENT OOLLARS AMOUNTS IN MILLIONS OF DOLLARS CASH FLOW INCLUDING UNREALIZED AND NONMONEY FARM INCOME YEAR 1 | I TOTAL 1 | NONFARM | INCOME I OF THE I FARM FARM CASH FLOW | 1 LANDLORDS' 1 OPERATORS' NET RENTAL NET FARM | TOTAL CASH FLOW EXCLUDING UNREALIZED AND NONMONEY FARM INCOME 1 1 CAPITAL I TOTAL CONSUMPTION! I P O P U L A T I O N] _______________IMLQtlE______ 1MLQME_____ ALL£ttAAl£££J_______ 1 910... 1911... 1912... 1913... 1 914... 1 9 1 5 .. 1 916... 1917... 1918... 1919... | | | | ] j | | | | ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 4894. 4116. 5221. 4501. 4943. 5147. 5600. 9743. 10548. 10953. 4158. 3342. 4409. 3680. 4106. 4220. 4469. 8204. 8787. 8985. 320. 331. 343. 340. 355. 403. 534. 825. 859. 928. 416. 443. 469. 481. 482. 524. 597. 714. 902. 1040. 1920... 1921... 1 9 2 2 .. 1923... 1924... 1925... 1926... 1927... 1928... 1 92 9... | j | | | | j j | j ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 9510. 4713. 5645. 6441. 6327. 8076. 7248. 7109. 7377. 7554. 7795. 3370. 4343. 5068. 4855. 6734. 5937. 5699. 5981. 6152. 504. 304. 36 8. 430. 520. 470. 425. 52 0. 496. 486. 1211. 1039. 934. 943. 952. 872. 886. 890. 900. 916. 1 93 0... 1 931... 1 932... 1 93 3... 1934... 1 93 5... 193 6... 1 93 7... 1 93 8... 1 93 9... j | j j I I 1 1 J I ****** ****** ****** ****** 6015. 8596. 8059. 9929. 7987. 8184. ****** ****** ****** ****** 2186. 2307. 2640. 2748. 2475. 2610. 5535. 4336. 2821. 3357. 3829. 6289. 5419. 7181. 5512. 5574. 4259. 3344. 2032. 2555. 2923. 5278. 4308. 6005. 4361. 4414. 321. 136. 55. 158. 256. 347. 383. 380. 318. 379. 955. 856. 734. 644. 650. 664. 7 28. 796. 833. 781. 1 9 4 0 . . . .1 1 941... 1 1942.... 1 1 9 4 3 . . . ,| 1 944.... ! 1 9 4 5 . . . .1 1946.... I 1947.... I 1 9 4 8 . . . .1 1 949..., I 8486. 11264. 16019. 18510. 18608. 19091. 22209. 23659. 26851. 22 444. 2759. 3257. 3941. 4361 . 4435. 4405. 4551. 5297. 5815. 6192. 5727. 8007. 12078. 14149. 14173. 14686. 17658. 18362. 21036. 16252. 4482. 6490. 9853. 11736. 11705. 12312. 15068. 15354. 17664. 12780. 448. 647. 890. 1044. 1043. 1064. 1401. 1455. 1370. 1107. 797. 870. 1335. 1369. 1425. 1310. 1189. 1553. 2002. 2365. 1950.... I 1951..., | 1952.... I 1 953.... I 1 9 5 4 . . . .1 1 9 5 5 . . . .1 1956.... 1 1957.... I 1 9 5 8 .. . . 1 1959.... 1 23809. 26960. 26434. 24085. 23047. 22259. 22670. 22643. 25021. 23165. 6263. 6511. 6726. 6437. 5934. 6197. 6584. 6616. 6681 . 7124. 17546. 20449. 19708. 17648. 17113. 16062. 16086. 16027. 18340. 16041. 13648. 15934. 14961. 12980. 12373. 11305. 11254. 11085. 13168. 10713. 1233. 1368. 1421. 1214. 1159. 1057. 1109. 1029. 1161. 1077. 2665. 3147. 3326. 3454. 3581. 3700. 3723. 3913. 4011. 4251. 1 9 6 0 . . . .1 1961.... 1 1962. .. . I 1963. . .. 1 1964.... 1 1965.... I 1 966.... 1 1 9 6 7 . . . .1 1968.... I 1969. .. . I 24215. 25328. 26403. 27047. 26793. 30523. 32572. 31739. 33349. 36857. 7236. 7637. 8342. 8958. 9743. 10627. 11205. 11737. 12828. 13929. 16979. 17691. 18061. 18089. 17050. 19896. 21367. 20002. 20521. 22928. 11518. 11957. 12064. 11770. 10492. 12899. 13960. 12339. 12322. 14293. 1124. 1346. 1467. 1623. 1655. 1886. 2023. 1882. 1999. 2061. 4337. 4388. 4530. 46 96. 4903. 5111 . 5384. 5781. 6200. 6574. 1 9 7 0 . . , .1 1971. .. , I 1 9 7 2 .. . .1 1 9 7 3 . . . .1 1 9 7 4 .. . .1 1975 . . ,. I 1 9 7 6 .. .. I 1 9 7 7 .. .. | 1 9 7 8 .. . | 1 9 7 9 .. . | 37516. 39575. 47794. 67663. 63591. 64321. 60215. 63 893. 78028. 86900. 14473. 15346. 17751. 19690. 21798. 22660. 23500. 24920. 28787. 32000. 23043. 24229. 30043. 47973. 41793. 41661. 36715. 38973. 49241. 54900. 14151. 14633. 18665. 33349. 26130. 24475. 18682. 19759. 27880. 31000. 2132. 2246. 3491. 5679. 5100. 4600. 4220. 4058. 4713. 5300. 6760. 7350. 7887. 8945. 10563. 12586. 13813. 15156. 16648. 18600. "TOTAL CASH OPERATORS. TO 1934 BUT AS SHOWN IN "LANDLORDS' | j | ] j 2 j i i j j i 1 i j i i j j i i j j i i { i i 1 1 I I 1 I 1 NONFARM 1 INCOME 1 OF THE 1 FARM FARM CASH FLOW | | LANDLORDS' OPERATORS' | NET RENTAL | TOTAL NET FARM LPQPUL A T I O N 1_________ UiLQOt______ LfltQMf----- ALLQMAM£££. CAPITAL CONSUMPTION ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 2985. 2777. 298 7. 3086. 28 44 . 3 15 2. 404 1. 618 3. 772 1. 81 75. 22 4 9. 20 03 . 21 75 . 2 26 5. 20 0 7. 22 2 5. 2910. 464 4. 5960. 62 07 . 320. 331. 343. 34 0. 355 . 403 . 534. 825. 859. 92 8. 416. 443. 4 69 . 481. 482. 524. 597. 714. 902. 1040. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 5478. 27 63 . 32 63. 38 64. 42 50 . 50 16 . 44 9 7. 4 68 1. 46 30 . 5050. 3763. 1420. 1961. 2491. 2778. 3674. 3186. 3271. 3234. 3648. 504. 304. 368 . 430. 520. 470. 425. 520. 496. 48 6. 1211. 1039. 934. 94 3. 952. 872. 886. 890. 900. 916. ****** ****** ****** ****** 5180. 5895. 6778. 6946. 5875. 6139. ****** ****** ****** ****** 21 86 . 2307. 2640. 2748. 2475. 2610. 338 7. 1836. 1054. 1907. 2994. 358 8. 4138. 4 19 8. 3400. 3529. 2 111. 844. 265. 1105. 2088. 2577. 3027. 3022. 2249. 2369. 32 1. 136. 55. 158. 256. 347. 383. 380. 318. 379. 955. 856. 734. 644 . 650. 664. 728. 796. 833. 781. 1 ! 1 | I 1 1 I 1 I | I | 1 I I | 1 I I I 6251. 8648. 12341. 15431. 15882. 16122. 18215. 21207. 20881. 19672. 2759. 32 57. 3941. 4361. 4435. 4405 . 4551. 5297. 5815. 6192 . 349 2. 5391. 8400. 11070. 11447. 11717. 13664. 15910. 15066. 13480. 2247. 3874. 61 75. 8657. 8979. 9343. 11074. 12902. 11694. 10008. 44 8. 647. 890. 1044. 1043. 1064. 1401. 1455. 1370. 1107. 797. 870. 1335. 1369. 1425. 1310. 1189. 1553. 2002. 2365. 19470. 21864. 21556. 20936. 19056. 18625. 19807. 18754. 20830. 19831. 62 63. 6511 . 6726. 6437. 5934. 6197. 658 4. 6616. 6681 . 7124. 13207. 15353. 14830. 14499. 13122. 12428. 13223. 12138. 14149. 12707. 9309. 10838. 10083. 9831. 8382. 7671. 839 1. 7196. 8977. 7379. 1233. 1368. 1421. 1214. 1159. 1057. 1109. 1029. 1161. 1077. 2665. 3147. 3326. 3454. 3581. 3700. 3723. 3913. 4011. 4251. I I 1 I 1 I 1 I I I i 1 1 j 1 | 1 1 1 I I I 20515. 21681. 22532. 23137. 24332. 26189. 29232. 27599. 29668. 32981. 7236. 7637. 8342. 8958. 9743 . 10627. 11205. 11737. 12828. 13929. 13279. 14044. 14190. 14179. 14589. 15562. 18027. 15862. 16840. 19052. 7818. 8310. 8193. 7860. 8031. 8565. 10620. 8199. 8641. 10417. 1124. 1346. 1467. 1623. 1655. 1886. 2023. 1882. 1999. 2061. 4337. 4388. 4530. 4696. 4903. 5111. 5384. 5781. 6200. 6574. 33740. 34220. 42628. 59240. 59220. 54232. 55274. 54392. 67825. 74000. 14473. 15346. 17751. 19690. 21798. 22660. 23500. 24920. 28787. 32000. 19267. 18874. 24877. 39550. 37422. 31572. 31774. 29472. 39038. 42000. 10375. 9278. 13499. 24926. 21759. 14386. 13741. 10258. 17677. 18100. 2132. 2246. 3491 . 5679. 5100. 4600. 4220. 4058. 4713. 5300. 6760. 735 0. 7887. 8945. 10563. 12586. 13813. 15156. 16648. 18600. FLOW" ATTEMPTS TO SHOW THE CASH FLOW FROM FARMING RECEIVED BY FARM OWNERS AND OPERATORS PLUS THE NONFARM INCOME OF FARM IN THIS T AB LE, OPERATORS' NONFARM INCOME IS APPROXIMATED BY "NONFARM INCOME OF FARM POPULATION," WHICH IS AVAILABLE BACK WHICH EXCLUDES NONRESIDENT OPERATORS AND INCLUDES NONOPERATCR RESIDENTS. SINCE 1960, A PREFERABLE SERIES IS AVAILABLE TABLE 9 5 1 . 1 . "OPERATORS' NET FARM INCOME" IS GROSS FARM INCOME (T AB LE 9 2 1 . 1 ) LESS PRODUCTION EXPENSES (T ABLE 9 3 1 . 1 ) . NET RENTAL INCOME" IS THE SERIES LABELLED "RENT" IN TABLE 931.1 (FOR MORE INFORMATION, SEE THE FOOTNOTE TO THAT T A B L E ) . TABLE 941.2 91 CASH FLOW AND NET INCOME CURRENT DOLLARS CHANGE FROM PREVIOUS YEAR IN MILLIONS OF DOLLARS I CASH FLOW EXCLUDING UNREALIZED AND 1 FARM 1 1 NONFARM » INCOME 1 i L CAPITAL I TOTAL | OF THE I OPERATORS* FARM CONSUMPTION! j NET FARM I TOTAL CASH FLOW INCLUDING UNREALIZED AND NONMONEY FARM INCOME YEAR TOTAL NONFARM INCOME OF THE FARM FARM CASH FLOW 1 1 I OPERATORS' LANDLORDS' I TOTAL NET FARM NET RENTAL 1 9 1 1... 1 91 2... 191 3... 1 91 4... 1 9 1 5... 1 91 6... 1 91 7... 1 91 8... 1 91 9... ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** -7 78 . 1105. -7 20 . 442. 204. 453. 414 3. 805. 405. -8 16 . 1067. -7 29 . 426. 114. 249. 3735. 583. 198. 11. 12. -3 . 15. 48. 131. 291. 34. 69 . 27. 26. 12. 1. 42. 73. 117. 188. 138. 1 92 0... 1 92 1... 1 92 2... 1 923... 1 92 4... 1 9 2 5... 1 92 6... 1927... 1 9 2 8... 1 92 9... ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** -1443. -4 79 7. 932. 796. -1 14 . 1749. -8 2 8 . -1 39 . 268. 177. -1190. -4 42 5. 973. 725. -2 13 . 1879. -7 9 7 . -2 3 8 . 282. 171. -4 24 . -2 0 0 . 6 4. 62. 90. -50. -45. 95. -2 4. -1 0. 171. -172. -1 05 . 9. 9. -80. 14. 4. 10. 16. 1 93 0... 1 93 1... 1 9 3 2... 1 9 3 3... 1 9 3 4... 193 5... 1 93 6... 1 93 7... 1 93 8... 1 93 9... ****** ****** ****** ****** ****** 258 1. -5 37 . 1870. -1942. 197. ****** ****** ****** ****** ****** 121. 333. 108. -2 73 . 135. -2 01 9. -1199. -1515. 536. 472 . 2460. -8 70 . 1762. -1669. 6 2. -1 89 3. -9 15 . -1312. 523. 368. 2355. -9 70 . 1697. -1 64 4. 53. -1 65 . -185. -8 1 . 103. 98. 91 . 36. -3 . -62. 61 . 39. -9 9. -1 22 . -9 0. 6. 14. 64 . 68. 37. -52. 1940... 1 94 1... 1 94 2... 1 9 4 3... 194 4... 1 9 4 5 .. . 1 94 6... 1 94 7... 1 94 8... 1 94 9... 302. 27 78 . 4 755. 2491. 98 . 483. 3118. 1450. 3192. -4 40 7. 149. 498 . 684. 420. 74. -3 0 . 146. 746. 518. 377. 153. 2280. 4071. 2071. 24. 513. 2972. 704. 2674. -4784. 68. 2008. 3363. 1883. -3 1 . 607. 2756. 286. 2310. -4 88 4. 69 . 199. 243. 154. -1 . 21. 337. 54. -8 5. -2 63 . 16. 73. 465. 34. 56. -115. -1 21. 364. 449. 363. 1 95 0... 1 9 5 1... 1 95 2... 1 9 5 3... 1 9 5 4... 195 5... 1 95 6... 1 95 7... 1 9 5 8... 1 95 9... 1365. 315 1. -5 2 6 . -234 9. -1 038. -7 88 . 411. -2 7. 2378. -1 85 6. 71 . 248. 215. -2 89 . -5 03 . 263. 387. 32. 65 . 443. 1294. 2903. -7 41 . -2 06 0. -5 35 . -1 05 1. 24. -5 9 . 2313. -229 9. 868. 228 6. -9 73 . -1 98 1. -607. -1068. -5 1 . -1 6 9 . 2083. -2 4 5 5 . 126. 135. 53. - 2 07. -5 5 . -1 02. 52. -80. 132. -8 4 . 300. 482. 179. 128. 127. 119. 23. 190. 98. 240. 1 96 0... 196 1... 1 96 2... 1 96 3... 1 96 4... 196 5... 1 9 6 6... 1 9 6 7... 1 96 8... 196 9... 1050. 1113. 1075. 644. -2 54 . 3730. 2 049. -8 33 . 1610. 3 508. 112. 401. 705. 6 16 . 785. 884. 578. 532. 1091. 1101. 938. 712. 37 0. 28 . -1 03 9. 2846. 1471. -1 365. 519. 2407. 805. 439 . 107. -2 94 . -1 2 7 8 . 2407. 1061. -1621. -17. 1971. 47 . 222. 121. 156. 32. 231. 137. -1 4 1 . 117. 62 . 86. 51. 142. 166. 207. 208. 273. 397. 419. 374. 1 9 7 0... 197 1... 1 9 7 2... 197 3... 1 97 4... 1 9 7 5 ... 1 97 6... 1 97 7... 197 8... 1 97 9... 659. 2059. 8219. 19869. -4 0 7 2 . 730. -4106. 367 8. 14135. 8872. 544. 873. 2405. 1939. 2108. 862. 840. 1420. 3867. 3213. 115. 1186. 5814. 17930. -6180. -1 32 . -4 9 4 6 . 2258. 10268. 5659. -1 42 . 482. 4032. 14684. -7 219. -1655. -5793. 1077. 8121. 3120. 71. 114. 1245. 2188. -5 79 . -5 0 0 . -380. -1 6 2 . 655. 587. 166. 590. 537. 1058. 1618. 2023. 1227. 1343. 1492. 1952. 1 j | | | j j j j j l 1 j | | | j | j | j 2 ii i i 2 j j 1 j 1 I I NONMONEY FARM INCOME CASH FLOW LANDLORDS' NET RENTAL CAPITAL CONSUMPTION ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** -2 08 . 210. 99 . -2 42 . 308. 889 . 2142. 1538. 454. -2 46. 172. 90. -2 5 8 . 218. 685. 1734. 1316. 247. 11. 12. -3 . 15. 48 . 131. 291. 34. 69 . 27. 26. 12. 1. 42. 73. 117. 188. 138. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** -2 69 7. -2 71 5. 500. 601 . 386. 766. -5 19 . 184. -5 1 . 4 20 . -2444. -2343. 541. 530. 287. 896. -4 88 . 85. -3 7 . 414. -4 24 . -2 00 . 64. 62. 90. -5 0 . -4 5 . 95. -2 4 . -1 0 . 171. -1 72. -1 05 . 9. 9. -80. 14. 4. 10. 16. ****** ****** ****** ****** ****** 715. 883. 168. -1071. 264. ****** ****** ****** ****** ****** 121. 33 3. 108. -2 7 3 . 135. -1663. -1 55 1. -7 82 . 853. 1087. 594. 550. 6 0. -7 98 . 129. -1537. -1267. -5 79 . 840. 983. 489. 450. -5 . -773. 120. -1 65 . -1 8 5 . -8 1 . 103. 98. 91 . 36 . -3 . -6 2 . 61. 39. -9 9 . -1 2 2 . -9 0 . 6. 14. 64 . 68. 37. -5 2. 1 112. | 2397. I 3693. | 3090. 1 451. 1 240. I 2093. I 2992. | -326 . I -1 20 9. i 1 -2 02. | 2394. 1 -3 08. I -620. ! -1880. I -4 31 . 1 1182. I -1053. ( 2076. ! -9 99. 149. 498. 684. 420. 74. -3 0 . 146. 746. 518. 377 . -3 7 . 1899. 3009. 26 70 . 377. 270. 1947. 2246. -8 44 . -1586. -1 2 2 . 1627. 2301. 2482. 322. 364. 1731. 1828. -1208. -1686. 69 . 199. 243. 154. -1 . 21. 337. 54. -8 5 . -263. 16. 73. 465. 34 . 56. -1 15 . -1 21 . 364. 449. 363. 71. 248. 215. -2 89 . -5 03 . 263. 387. 3 2. 6 5. 4 43 . -2 73 . 214 6. -5 23 . -3 31 . -1 37 7. -6 94 . 7 95 . -1 08 5. 2011. -1442. -6 9 9 . 1529. -7 55 . -2 5 2 . -1449. -7 11 . 720. -1 19 5. 1781. -1 59 8. 126. 135. 53. -2 07 . -5 5 . -1 02 . 52. -8 0 . 132. -8 4 . 300. 482. 179. 128. 127. 119. 23. 190. 98 . 240. 112. 401 . 705. 61 6. 785. 884. 578. 532. 1091. 1101. 572. 765 . 146. -1 1 . 4 10 . 973. 2465. -2 16 5. 978. 2212. 439. 492. -1 17 . -3 33 . 171. 534. 2055. -2421. 442. 1776. 4 7. 222. 121. 156. 32. 231. 137. -1 4 1 . 117. 62 . 86. 51. 142. 166. 207. 206. 273. 397. 4 19 . 374. 544. 873. 2405. 1939. 2108. 862. 84 0. 1420. 3867. 3213. 215. -3 93 . 60 03 . 14673. -2 128. -5 850. 2 02 . -2302. 9566. 2962. -4 2 . -1097. 4221. 11427. -3167. -7373. -6 45 . -3483. 7419. 423. 71. 114. 1245. 2188. -5 7 9 . -5 00 . -3 80 . -1 6 2 . 655. 587. 166. 590. 537. 1058. 1618. 2023. 1227. 1343. 1492. 1952. ! 684. i 1166. I 851. I 605. I 1195. 1 1857. 1 3043. I -1633. I 2069. 1 3313. I 1 759. | 480. I 8408. I 16612. 1 -2 0. 1 -4988. 1 1042. 1 -8 82 . 1 13433. I 6175. _J__________ 92 TABLE 941.3 1 1. 1 YEAR | 1 1 1 1 1 9 1 1 ...| 1912. . . I 1913...1 1 9 1 4 ...| 1 915...1 1 9 1 6 ...| 1 917.. . I 1 9 1 8 ...| 1 9 1 9 ...| 1 1 9 2 0 ...| 1921.. . | 1 922...1 1 9 2 3 ...| 1 9 2 4 ...| 1 92 5...1 1 9 2 6 ...J 1 927...1 1 9 2 8 ...| 1 9 2 9 ...| 1 1 9 3 0 ...| 1931.. . | 1 9 3 2 ... 1 1933. . . | 1934.. . I 1935.. . 1 1 9 3 6 ...| 1 93 7...1 1 9 3 8 ...| 1 9 3 9 ...| I 1 9 4 0 ...i 1 9 4 1 ...| 1 9 4 2 ...| 1 9 4 3 ...| 1944 . . . | 1 9 4 5 ...| 1 9 4 6 ...| 1 9 4 7 ...| 1 94 8...1 1 9 4 9 ...| j 1 9 5 0 ...| 1 9 5 1 ...| 1 9 5 2 ...| 1 9 5 3 ...| 1 954...1 1 9 5 5 ...i 1 9 5 6 ...| 1 9 5 7 ... | 1 9 5 8 ... I 1 9 5 9 ...I CASH FLOW AND NET INCOME CURRENT DOLLARS PERCENTAGE CHANGE FROM PREVIOUS YEAR | 1 FARM CASH FLOW | NONFARM | 1 I INCOME !. .,1 I LANDLORDS' CAPITAL OPERATORS' | OF THE 1 CONSUMPTION! | FARM J TOTAL NET FARM NET RENTAL 1POPULATI ON1 INCOME __ ALLOWANCES! INCOME 1 | ***** 3.4 6 .5 -1 5 .9 -1 9 .6 | ***** 5.9 31.9 3 .6 2 6 .8 j ***** -0 .9 2 .6 -1 3 . 8 -1 6 .5 j ***** 9. 8 11.6 4.4 0 .2 j ***** 2.8 13.5 8.7 4. 1 | ***** 13.9 8.8 5.9 3 2.5 j ***** 19.6 8 3. 6 54.5 74 .0 j ***** 2 6.3 8 .3 7. 1 4 .1 j ***** 15.3 2 .3 8 .0 3.8 CASH FLOW INCLUDING UNREALIZED AND NONMONEY FARM INCOME TOTAL ***** ***** ***** ***** ** *** ***** ***** ** ** * ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ** *** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 5.5 -1 3 .2 -5 0 .4 19.8 14. 1 -1 .8 2 7. 6 -1 0 .3 -1 .9 3 .8 2 .4 -1 3 .2 -5 6 .8 2 8 .9 1 6. 7 -4 .2 3 8 .7 -1 1 .8 -4 .0 4 .9 2 .9 -4 5 .7 -3 9 .7 21.1 16.8 2 0. 9 -9 .6 -9 .6 2 2. 4 -4 .6 -2 .0 16.4 -1 4 .2 -1 0.1 1.0 1.0 -8 .4 1.6 0 .5 1.1 1. 8 1 4. 4 4.1 -9 .9 5 .5 -2 6 .7 -2 1 .7 -3 4 .9 19.0 14. 1 6 4. 2 -1 3 .8 3 2 .5 -2 3 .2 1.1 -3 0 .8 -2 1 .5 -3 9 .2 2 5 .7 1 4.4 8 0. 6 -1 8 .4 39.4 -2 7 .4 1.2 -3 4 .0 -5 7.6 -5 9 .6 187.3 6 2 .0 3 5.5 1 0.4 -0 .8 -1 6 .3 19.2 4 .3 -1 0 .4 -1 4.3 -1 2 .3 0.9 2.2 9 .6 9 .3 4 .6 -6 .2 3 .7 32.7 4 2 .2 1 5. 6 0 .5 2 .6 1 6.3 6 .5 1 3. 5 -1 6 .4 5 .7 18.1 2 1. 0 10.7 1 .7 -0 .7 3 .3 1 6. 4 9. 8 6.5 2 .7 3 9 .8 50.8 17.1 0 .2 3.6 2 0. 2 4.0 14.6 -2 2 .7 1 .5 44.8 5 1. 8 19.1 -0 .3 5 .2 2 2 .4 1 .9 15.0 -2 7 .6 18.2 4 4 .4 3 7. 6 17.3 -0 .1 2.0 3 1 .7 3.9 -5 .8 -1 9 .2 2 .0 9 .2 5 3.4 2 .5 4 .1 -8 .1 -9 .2 3 0 .6 2 8. 9 18.1 6 .1 1 3. 2 -2 .0 -8 .9 -4 .3 -3 .4 1.8 -0 .1 1 0.5 -7 .4 1.1 4 .0 3.3 -4 .3 -7 .8 4.4 6 .2 0.5 1 .0 6 .6 8 .0 16.5 -3 .6 -1 0 .5 -3 .0 -6 .1 0. 1 -0 .4 1 4. 4 -1 2 .5 6 .8 1 6.7 -6 .1 -1 3 .2 -4 .7 -8 .6 -0 .5 -1 .5 18.8 -1 8 .6 1 1.4 10.9 3 .9 -1 4 .6 -4 . 5 -8 .8 4.9 -7 .2 12.8 -7 .2 12.7 18.1 5 .7 3 .8 3 .7 3. 3 0. 6 5.1 2 .5 6.0 1 9 6 0 ...| 1 961.. . | 1 96 2... 1 1 9 6 3 ... | 1 9 6 4 ... | 1 9 6 5 ... I 1 9 6 6 ... | 1 9 6 7 ... ] 1968. . . | 1 9 6 9 ...| 4 .5 4 .6 4. 2 2 .4 -0 .9 1 3 .9 6 .7 -2 .6 5.1 1 0. 5 1.6 5 .5 9 .2 7.4 8 .8 9 .1 5.4 4.7 9 .3 8 .6 5 .8 4 .2 2 .1 0.2 -5 .7 1 6.7 7 .4 -6 .4 2 .6 11.7 7.5 3 .8 0 .9 -2 .4 -1 0 .9 2 2 .9 8 .2 -1 1 .6 -0 .1 1 6 .0 4 .4 19.8 9.0 10.6 2 .0 14.0 7 .3 -7 .0 6.2 3. 1 2 .0 1.2 3.2 3 .7 4.4 4.2 5.3 7 .4 7.2 6.0 1 97 0... | 1971.. .| 197 2... 1 1 9 7 3 ...| 1 9 7 4 ...| 1 97 5... 1 1 9 7 6 ...| 1*77...1 1 97 8... | 1 9 7 9 ...| 1.8 5. 5 2 0 .8 41.6 -6 .0 1.1 -6 .4 6. 1 2 2.1 1 1 .4 3 .9 6.0 15.7 1 0.9 10 .7 4.0 3.7 6.0 15.5 11.2 0 .5 5. 1 2 4 .0 5 9.7 -1 2 .9 -0 .3 -1 1 .9 6 .2 2 6. 3 11.5 -1 .0 3.4 2 7 .6 7 8 .7 -2 1 .6 -6 .3 -2 3 .7 5 .8 4 1. 1 11.2 3 .4 5 .3 5 5. 4 6 2 .7 -1 0 .2 -9 .8 -8 .3 -3 .8 16.1 12.5 2. 8 8.7 7 .3 13.4 18.1 19 .2 9 .7 9.7 9 .S 1 1.7 ***** ***** ***** ***** ***** 42.9 -6 .2 2 3 .2 -1 9 .6 2.5 1 ________ L. CASH FLOW EXCLUDING UNREALIZED AND NONMONEY FARM INCOME TOTAL ***** ***** ***** ***** ***** ***** -1 0 .9 8 .6 4.1 -1 1 .4 10.9 3 0 .8 5 9. 6 2 8.3 4 .1 3.4 3.6 -0 .9 4 .4 1 3.5 3 2 .5 5 4 .5 4.1 8.0 6.5 5 .9 2.6 0.2 8 .7 1 3 .9 1 9. 6 2 6 .3 1 5 .3 -3 3 .0 -4 9 .6 18.1 18.4 10 .0 18.0 -1 0.3 4 .1 -1 .1 9 .1 -3 9 .4 -6 2 .3 38.1 27.0 1 1.5 3 2 .3 -1 3 .3 2.7 -1 .1 12.8 -4 5 .7 -3 9 .7 2 1 .1 1 6. 8 2 0 .9 -9 .6 -9 .6 22.4 -4 .6 -2 .0 1 6 .4 -1 4 .2 -1 0 .1 1 .0 1 .0 -8 .4 1. 6 0 .5 1.1 14.4 4. 1 -9 .9 5 .5 -3 2 .9 -4 5 .8 -4 2 .6 8 0. 9 57 .0 19.8 15.3 1 .4 -1 9 .0 3 .8 -4 2.1 -6 0 .0 -6 8 .6 3 17 .0 8 9 .0 2 3 .4 17 .5 -0 .2 -2 5 .6 5.3 -3 4 .0 -5 7 .6 -5 9 .6 1 87 .3 62.0 3 5 .5 1 0 .4 -0 .8 -1 6 .3 19 .2 4.3 -1 0 .4 -1 4 .3 -1 2 .3 0 .9 2.2 9.6 9.3 4.6 -6 .2 1.8 38 .3 42.7 2 5. 0 2 .9 1.5 13.0 16 .4 -1 .5 -5 .8 5. 7 18.1 21.0 10.7 1.7 -0 .7 3 .3 16.4 9.8 6 .5 -1 .0 5 4 .4 5 5 .8 3 1 .8 3.4 2.4 16.6 lf r.4 -5 .3 -1 0 .5 -5 .1 7 2 .4 5 9 .4 4 0. 2 3 .7 4. 1 18.5 1 6.5 -9 .4 -1 4 .4 1 8. 2 44.4 3 7 .6 1 7. 3 -0 .1 2 .0 3 1 .7 3 .9 -5 .8 -1 9 .2 2.0 9 .2 5 3. 4 2 .5 4. 1 -1 .0 12.3 -1 .4 -2 .9 -9 .0 -2 .3 6 .3 -5 .3 11.1 -4 .8 1.1 4.0 3 .3 -4 .3 -7 .8 4.4 6.2 0.5 1.0 6 .6 -2 .0 16 .2 -3 .4 -2 .2 -9 .5 -5 .3 6.4 -8 .2 16.6 -1 0 .2 -7 .0 1 6 .4 -7 .0 -2 .5 -1 4 .7 -8 .5 9.4 -1 4.2 2 4 .7 -1 7.8 11.4 10.9 3 .9 -1 4 .6 -4 .5 -8 .8 4.9 -7 .2 1 2.8 -7 .2 1 2.7 18.1 5 .7 3 .8 3 .7 3.3 0.6 5.1 2 .5 6.0 3; 4 5.7 3. 9 2. 7 5.2 7 .6 11.6 -5 .6 7.5 11.2 1.6 5. 5 9. 2 7 .4 8 .8 9 .1 5 .4 4 .7 9 .3 8 .6 4.5 5 .8 1. 0 -0 .1 2 .9 6 .7 15.8 -1 2 .0 6.2 13.1 5 .9 6 .3 -1 .4 -4 .1 2 .2 6.6 2 4 .0 -2 2 .8 5 .4 20.6 4 .4 19.8 9.0 10 .6 2.0 14.0 7.3 -7 .0 6.2 3 .1 2 .0 1. 2 3.2 3 .7 4.4 4 .2 5 .3 7 .4 7. 2 6.0 3.9 1.1 -2 .0 31.8 59.0 -5 .4 -1 5 .6 0 .6 -7 .2 3 2. 5 7 .6 -0 .4 -1 0 .6 4 5 .5 8 4 .7 -1 2 .7 -3 3 .9 -4 .5 -2 5 .3 7 2 .3 2.4- 3 .4 5 .3 5 5 .4 6 2.7 -1 0 .2 -9 .8 -8 .3 -3 .8 16.1 1 2.5 2.8 8 .7 7. 3 1 3 .4 18.1 1 9.2 9.7 9.79 .8 1 1. 7 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** l 1 | ***** | ***** j ***** | ***** ***** ***** ***** ***** ***** | ***** j ***** | ***** j ***** } ***** 1 13.8 15.0 1 2 .5 | -1 5 .4 | 4 .5 I i 1 j 1 1 I I 1 I 1 t 1 1 | 1 j 1 1 I | I t 1 1 1 1 1 ! I I 1 1 1 i 1 1 1 I 1 1 1 1 1 | 1 _L. CA P ITA L CONSUMPTION ALLOWANCES -7 .0 7 .6 3 .3 -7 .8 10.8 28.2 53.0 24.9 5 .9 j ***** | j j | ] I 1 | NUNFARM 1 FARM CASH FLOW 1 INCOME 1 1 OF THE I OPERATORS' LANDLORDS' I FARM | TOTAL NET FARM NET RENTAL lP.QPULAIIQNl INCOME _ INCOME 2 .3 1 .4 2 4. 6 3 9.0 -0 .0 -8 .4 1.9 -1 .6 2 4.7 9.1 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 5.5 6.0 15.7 10.9 10.7 4 .0 3 .7 6 .-0 15.5 11.2 1.8 - 8 .1 -9 .2 3 0 .6 2 8 .9 18.1 CASH FLOW AN0 NET INCOME CURRENT OOLLARS NONFARM INCOME AS A PERCENTAGE OF TOTAL CASH FLOW FARM INCOME ANO CAPITAL CONSUMPTION ALLOWANCES AS A PERCENTAGE OF TOTAL FARM CASH FLOW TABLE 9 4 1 .4 CASH FLOW INCLUDING UNREALIZED AND NONMONEY FARM INCOME YEAR TOTAL FARM CASH FLOW I NONFARM i INCOME j OF THE OPERATORS' LANDLORDS' 1 FARM NET FARM NET RENTAL 1 TOTAL INCOME INCOME 1POPULATION! | 1 I .1 CAPITAL 1 CONSUMPTION! ALLOWANCES! 1 1 8. 5 1 10.8 1 9.0 j 10.7 } 9. 8 j 10.2 j 10.7 1 7.3 j 8 .6 J 9 .5 1 1 1 12.7 j 2 2 .0 1 16.5 1 14.6 j 15.0 j 10.8 1 12.2 1 1 2. 5 1 12.2 } 12.1 1 1 j 17.3 1 1 9.7 1 2 6. 0 1 19.2 1 1 7.0 10 .6 ) 1 3.4 i ] 11 .1 ! 15.1 14.0 1 1 13 .9 1 | 1 0. 9 ! 11.1 9.7 | 10.1 i 8 .9 i 6 .7 1 8. 5 I 1 9.5 14 .6 1 J 1 1 15.2 1 1 5.4 16.9 i 19.6 ! 2 0 .9 1 ( 23.0 2 3.1 1 2 4 .4 i 2 1 .9 1 2 6. 5 1 1 910... 1 91 1... 1 91 2... 1 9 1 3... 191 4... 191 5... 191 6... 191 7... 191 8... 191 9... ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 1 1 1 1 1 1 I 1 1 | 10 0 .0 100.0 100.0 10 0.0 100.0 100.0 100.0 100.0 100.0 100.0 8 5 .0 81 .2 8 4 .4 8 1 .8 83.1 8 2 .0 7 9. 8 8 4.2 83. 3 8 2 .0 6 .5 8.0 6 .6 7.6 7 .2 7 .8 9 .5 8 .5 8.1 8 .5 1 9 2 0... 1 92 1... 1 92 2... 1 92 3... 1 9 2 4... 1 92 5... 1 92 6... 1 9 2 7... 1 92 8... 1 9 2 9 ... ***** ***** ***** ***** ***** ***** ***** ***** ***** ** *** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** i i i 1 1 1 1 1 1 1 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 10 0.0 8 2 .0 7 1.5 7 6. 9 7 8. 7 7 6. 7 83.4 8 1 .9 8 0. 2 81.1 8 1 .4 5 .3 6 .5 6.5 6 .7 8. 2 5 .8 5 .9 7 .3 6.7 6.4 193 0... 1 9 3 1... 1 93 2... 1 93 3... 193 4... 193 5... 1 93 6... 193 7... 1 93 8... 1 9 3 9... ***** ***** ***** ***** 10 0.0 100.0 100.0 100.0 100.0 100.0 ***** ***** ***** ***** 3 6. 3 2 6 .8 3 2 .8 2 7 .7 3 1 .0 3 1 .9 1 1 I 1 1 ! 1 i 1 t 100.0 100.0 10 0.0 100.0 100.0 10 0 .0 100.0 100.0 10 0.0 10 0.0 7 6 .9 77.1 7 2.0 76.1 7 6 .3 8 3 .9 7 9. 5 8 3 .6 79 .1 7 9 .2 5.8 3. 1 1 .9 4.7 6.7 5 .5 7 .1 5.3 5 .8 6 .8 1 9 4 0... 194 1... 1 94 2... 1 94 3... 1 94 4... 194 5... 1 9 4 6... 1 9 4 7... 1 94 8... 1 9 4 9... 10 0.0 100.0 100.0 100.0 10 0.0 100.0 10 0.0 100.0 10 0.0 100.0 3 2 .5 2 8 .9 2 4 .6 2 3 .6 2 3 .8 2 3. 1 2 0. 5 2 2 .4 2 1 .7 2 7 .6 1 i i 1 1 1 t 1 1 i 10 0.0 100.0 100.0 100.0 100.0 1 00 .0 100.0 100.0 100.0 100.0 7 8 .3 81. 1 8 1 .6 8 2 .9 8 2 .6 8 3. 8 85.3 8 3 .6 8 4. 0 7 8 .6 7 .8 8.1 7.4 7.4 7.4 7 .2 7 .9 7 .9 6.5 6.8 1 9 5 0... 1 95 1... 195 2... 1 95 3... 1 95 4... 195 5... 195 6... 1 9 5 7... 1 9 5 8... 1 9 5 9... 100.0 10 0.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 2 6 .3 2 4 .2 2 5 .4 2 6 .7 2 5 .7 2 7. 8 2 9 .0 2 9 .2 2 6 .7 3 0 .8 1 100.0 i ioo.o 1 10 0.0 ( 10 0.0 1 10 0.0 I 1 00 .0 1 10 0.0 1 100.0 1 100.0 1 10 0.0 7 7 .8 7 7 .9 7 5.9 7 3 .5 7 2 .3 7 0 .4 7 0 .0 6 9 .2 7 1. 8 6 6 .8 7.0 6.7 7 .2 6.9 6.8 6.6 6.9 6 .4 6 .3 6.7 1 9 6 0... 1 9 6 1... 1 96 2... 1 96 3... 1 9 6 4... 1 96 5... 1966... 196 7... 1 96 8... 1969... 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 29,9 3 0 ,2 31 .6 33.1 3 6 .4 3 4 .8 3 4 .4 3 7 .0 3 8. 5 3 7 .8 j 1 1 1 1 1 1 1 1 i 100.0 10 0.0 10 0.0 10 0.0 100.0 100.0 100.0 100.0 100.0 10 0.0 6 7 .8 6 7 .6 6 6 .8 6 5. 1 6 1 .5 6 4 .8 65 .3 6 1 .7 6 0 .0 6 2 .3 6 .6 7 .6 8. 1 9.0 9.7 9.5 9 .5 9.4 9 .7 9 .0 2 5. 5 2 4 .8 25. 1 2 6 .0 2 8. 8 2 5 .7 2 5 .2 2 8 .9 3 0.2 28 . 7 1970... 1 97 1... 1 97 2... 1 9 7 3... 1 97 4... 1 9 7 5... 1 9 7 6... 197 7... 1 9 7 8... 1 97 9... 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 3 8 .6 38 .8 3 7. 1 2 9. 1 34 .3 3 5 .2 3 9 .0 3 9 .0 3 6. 9 3 6 .8 ! 10 0.0 1 1 1 i 1 1 1 1 1 61.4 6 0 .4 6 2. 1 6 9 .5 6 2 .5 5 8 .7 5 0 .9 5 0 .7 5 6 .6 5 6 .5 9.3 9 .3 1 1.6 11.8 12.2 11.0 11.5 1 0.4 9.6 9.7 2 9.3 30.3 2 6 .3 18.6 2 5. 3 3 0 .2 3 7 .6 38 .9 3 3 .8 3 3 .9 ioo.o 100.0 100.0 10 0.0 ioo.o 100.0 100.0 100.0 10 0.0 100.0 93 CASH FLOW EXCLUDING UNREALIZED AND NONMONEY FARM INCOME FARM CASH FLOW 100.0 10 0.0 ioo.o 10 0 .0 10 0.0 10 0.0 10 0.0 10 0.0 100.0 10 0.0 1 NONFARM 1 1 1 INCOME \1 OF THE 1 FARM I i1 J1POPULATION! 1 ***** 1 ***** 1 ***** 1 ***** 1 ***** 1 ***** i ***** 1 ***** 1 ***** 1 ***** 1 j ***** 1 ***** 1 ***** 1 ***** ] ***** 1 ***** 1 ***** 1 ***** | ***** 1 ***** 1 j ***** 1 ***** 1 ***** 1 ***** 1 I 4 2 .2 1 3 9.1 3 8 .9 1 3 9 .6 1 4 2.1 i 4 2.5 I j 44.1 1 3 7.7 I 3 1. 9 1 1 2 8. 3 2 7. 9 1 27.3 1 25.0 i 2 5. 0 1 27.8 1 i 31.5 100.0 10 0.0 100.0 10 0.0 10 0.0 100.0 1 00 .0 10 0.0 10 0 .0 10 0.0 32.2 29.8 3 1 .2 3 0. 7 31.1 33.3 3 3 .2 3 5 .3 32 .1 3 5 .9 1 1 1 1 1 1 i 1 1 10 0.0 10 0. 0 10 0.0 10 0.0 10 0 .0 1 0 0 .0 10 0.0 1 0 0 .0 1 00 .0 | 10 0.0 7 0. 5 7 0.6 6 8 .0 6 7 .8 6 3 .9 6 1 .7 6 3 .5 5 9 .3 63.4 5 8.1 9.3 8 .9 9 .6 8.4 8 .8 8 .5 8 .4 8 .5 8 .2 8 .5 2 0 .2 2 0. 5 2 2 .4 2 3. 8 2 7 .3 2 9 .8 2 8. 2 3 2 .2 2 8. 3 3 3 .5 100.0 100.0 10 0.0 100.0 10 0.0 100.0 10 0.0 1 00 .0 10 0.0 10 0.0 35.3 3 5.2 3 7. 0 3 8. 7 4 0 .0 4 0. 6 3 8.3 4 2.5 4 3.2 4 2.2 1 1 1 1 1 1 1 1 i i 1 00 .0 10 0.0 10 0 .0 10 0.0 100.0 10 0 .0 10 0.0 10 0 .0 10 0.0 100.0 5 8. 9 5 9 .2 5 7.7 5 5 .4 5 5 .0 5 5. 0 5 8 .9 5 1.7 5 1.3 5 4 .7 8 .5 9 .6 10.3 1 1. 4 1 1.3 12.1 11.2 1 1. 9 1 1. 9 1 0.8 3 2. 7 3 1. 2 3 1 .9 3 3.1 3 3 .6 3 2 .8 2 9 .9 3 6 .4 3 6. 8 3 4.5 1 100.0 i ioo.o I 10 0.0 I 10 0.0 1 10 0.0 1 100.0 1 100.0 1 10 0.0 1 100.0 i 100.0 - J _____ 4 2. 9 4 4.8 4 1 .6 3 3.2 3 6. 8 4 1. 8 4 2. 5 4 5. 8 4 2 .4 4 3. 2 1 10 0.0 1 100.0 1 10 0.0 1 100.0 1 100.0 1 100.0 1 10 0.0 1 1 00 .0 1 100.0 1 100.0 -J ________ 5 3 .8 4 9 .2 5 4. 3 6 3 .0 5 8.1 4 5 .6 4 3 .2 3 4 .8 4 5 .3 4 3. 1 11.1 1 1.9 1 4.0 1 4 .4 1 3.6 1 4.6 13.3 1 3 .8 12.1 1 2.6 3 5. 1 3 8 .9 3 1 .7 2 2 .6 2 8. 2 3 9 .9 4 3 .5 5 1 .4 4 2 .6 4 4 .3 1 1 i 1 1 1 J 1 1 I total ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 10 0.0 10 0.0 10 0.0 10 0.0 10 0. 0 1 00 .0 _ TOTAL OPERATORS' NET FARM INCOME LANDLORDS' NET RENTAL INCOME CAPITAL CONSUMPTION ALLOWANCES 10 0 .0 100.0 10 0. 0 10 0.0 100.0 10 0.0 10 0.0 100.0 100.0 10 0. 0 7 5.3 72.1 7 2. 8 7 3 .4 7 0 .6 7 0 .6 7 2 .0 7 5. 1 7 7.2 7 5. 9 10 .7 1 1.9 11 .5 11.0 12 .5 12.8 1 3.2 13.3 11.1 1 1 .4 13 .9 1 6. 0 1 5.7 15.6 16.9 16.6 14.8 1 1.5 11.7 12.7 10 0.0 10 0.0 10 0.0 100.0 10 0.0 10 0 .0 100.0 10 0.0 100.0 10 0.0 6 8 .7 5 1. 4 6 0. 1 6 4.5 6 5 .4 7 3. 2 7 0. 8 6 9 .9 6 9 .8 7 2 .2 9 .2 11.0 1 1.3 11.1 1 2. 2 9.4 9 .5 11.1 1 0.7 9 .6 2 2.1 3 7. 6 2 8. 6 2 4 .4 2 2 .4 1 7 .4 19.7 19 .0 1 9.4 18.1 1 00 .0 10 0.0 1 00 .0 100.0 10 0 .0 10 0 .0 10 0.0 1 00 .0 10 0.0 100.0 6 2 .3 4 6 .0 2 5 .1 5 7 .9 6 9 .7 7 1. 8 7 3. 2 7 2. 0 6 6 .1 6 7.1 9.5 7.4 5.2 8.3 8.6 9 .7 9.3 9.1 9 .4 1 0 .7 2 8. 2 4 6 .6 6 9 .6 3 3 .8 2 1. 7 1 8.5 17.6 19 .0 2 4.5 22 .1 10 0 .0 10 0.0 10 0. 0 10 0.0 10 0.0 10 0.0 100.0 10 0.0 100.0 10 0.0 6 4. 3 7 1. 9 73.5 7 8. 2 7 8 .4 7 9. 7 8 1. 0 8 1 .1 7 7. 6 7 4 .2 1 2. 8 1 2.0 1 0.6 9 .4 9.1 9.1 1 0.3 9 .1 9 .1 8.2 2 2. 8 16.1 15 .9 1 2. 4 1 2.4 11.2 8 .7 9 .8 13.3 17 .5 I 94 TABLE 942.1 CASH FLOW AND NET INCOME IN 1967 DOLLARS AMOUNTS IN MILLIONS OF DOLLARS CASH FLOW INCLUDING UNREALIZED AND NONMONEY FARM INCOME 1 9 1 0 .. 1 9 1 1 .. 1 9 1 2 .. 1 9 1 3 .. 1 9 1 4 .. 1 9 1 5 .. 1 9 1 6 .. 1 9 1 7 .. 1 9 1 8 .. 1 9 1 9 .. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 17479. 14700. 18003. 15155. 16422. 16931. 17125. 25372. 23388. 21145. 14850. 11936. 15203. 12391. 13641. 13882. 13667. 21365. 19483. 17346. 1143. 1182 . 1183. 1145. 1179. 1326. 1633. 2148. 1905. 1792. 1 9 2 0 .. 1 9 2 1 .. 1 9 2 2 .. 1 9 2 3 .. 1 9 2 4 .. 1 9 2 5 .. 1 9 2 6 .. 1 9 2 7 .. 1 9 2 8 .. 1 9 2 9 .. j j j | j j i j i j ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 15850. 8793. 11245. 12605. 12357. 15383. 13675. 13671. 14380. 14725. 12992. 6287. 8651. 9918. 9482. 12827. 11202. 10960. 11659. 11992. 840. 567. 733. 841. 1016. 895. 802. 1000. 967. 947. 1 9 3 0 .. 1 9 3 1 .. 1932. . 1 9 3 3 .. 1 9 3 4 .. 1 9 3 5 .. 1 9 3 6 .. 1 9 3 7 .. 1 9 3 8 .. 1 9 3 9 .. j j j j 1 1 1 I 1 I il I | 1 I I | 1 I I I ****** ****** ****** ****** 15000. 20915. 19419. 23091. 18927. 19673. ****** ****** ****** ****** 5451. 5613. 6361. 6391. 5865. 6274. 11070. 9509. 6897. 8652. 9549. 15302. 13058. 16700. 13062. 13399. 8518. 7333. 4968. 6585. 7289. 12842. 10381. 13965. 10334. 10611. 642. 298. 134. 407. 638. 844. 923. 884. 754. 911. 20205. 25542. 32826. 35734. 35309. 35419. 37964. 35365. 37241. 31434. 6569. 7385. 8076. 8419. 8416. 8173. 7779. 7918. 8065. 8672. 13636. 18156. 24750. 27315. 26894. 27247. 30185. 27447. 29176. 22762. 10671. 14717. 20191. 22656. 22211. 22842. 25757. 22951. 24499. 17899. 1067. 1467. 1824. 2015. 1979. 1974. 2395. 2175. 1900. 1550. 33022. 34653. 33250. 30069. 28630. 27754. 27850. 26860. 28 893. 26535. 8687. 8369. 8460. 80 36. 7371. 7727. 8088. 7848. 7715. 8160. 24336. 26284. 24790. 22032. 21258. 20027. 19762. 19012. 21178. 18375. 18929. 20481. 18819. 16205. 15370. 14096. 13826. 13149. 15206. 12271. 1710. 1758. 1787. 1516. 1440. 1318. 1362. 1221. 1341. 1234. 3696. 4045. 4184. 4312 . 4448. 46 13. 4574. 4642. 4632. 4869. I9 6 0 .. 1 9 6 1 .. 1 9 6 2 .. 1 9 6 3 .. 1 9 6 4 .. 1 9 6 5 .. 1 9 6 6 .. 1 9 6 7 .. 1 9 6 8 .. 1 96 9. . 1 I I I 1 1 1 I I I i 1 1 1 I 1 I 1 1 1 1 27300. 28268. 29142. 29 49 5. 28841. 32 299. 33510. 31739. 32005. 33567. 8158. 8523. 9208. 9769 . 10488. 11246. 11528. 11737. 12311. 12686. 19142. 19744. 19935. 19726. 18353. 21054. 21983. 20002. 19694. 20882. 12985. 13345. 13316. 12835. 11294. 13650. 14362. 12339. 11825. 13017. 1267. 1502. 1619. 1770. 1781. 1996. 2081. 1882. 1918. 1877. 4890. 4897. 5000. 5121 . 5278. 5408. 5539. 5781. 5950. 5987. 1 9 7 0 .. 1 9 7 1 .. 1 9 7 2 .. 1 9 7 3 .. 1 9 7 4 .. 1 9 7 5 .. 1 9 7 6 .. 1 9 7 7 .. 1 9 7 8 .. 1 9 7 9 .. I 1 1 I 1 I 1 1 I | 32258. 32626. 38144. 50836. 43054. 39901. 35317. 35203. 39 932. 39954. 12445. 12651. 14167. 14793. 14758. 14057. 13783. 13730. 14732. 14713. 19813. 19974. 23977. 36043. 28296. 25844. 21534. 21473. 25200. 25241. 12168. 12063. 14896. 25056. 17691. 15183. 10957. 10887. 14268. 14253. 1833. 1852. 2786. 4267. 3453. 2854. 2475. 2236. 2412. 2437. 5813. 6059. 6294. 6721. 7152. 7808. 8101. 8350. 8520. 8552. YEAR 1 9 4 0 .. 1 9 4 1 .. 1 9 4 2 .. 1 9 4 3 .. 1 9 4 4 .. 1 9 4 5 .. 1 9 4 6 .. 19 4 7. . 1 9 4 8 .. 1 9 4 9 .. 1 9 5 0 .. 1 9 5 1 .. 1 9 5 2 .. 1 9 5 3 .. 1 9 5 4 .. 1 9 5 5 .. 1 9 5 6 .. 1 9 5 7 .. 1 9 5 8 .. 1 9 5 9 .. TOTAL | NONFARM | INCOME | OF THE | FARM 1POPULATION FARM CASH FLOW 1 1 LANDLORDS' OPERATORS' 1 NET FARM | TOTAL NET RENTAL INCOME INCOME 1 i | I | 1 I | | | j | | | j { | CASH FLOW EXCLUDING UNREALIZED AND NONMONEY FARM INCOME 1 1 CAPITAL | CONSUMPTION! ALLOWANCES! 1 | 1486. | 1582. J 1617. j 1620. j 1601. j 1724. j 1826. | 1859. | 2000. j 2008. 1 | 2018. 1 1938. | 1861. | 1845. j 1859. j 1661. | 1672. j 1712. j 17 54. j 1786. 1 j 1910. j 1877. | 1795. | 1660. I 1621. 1 1616. | 1754. 1 1851. 1974. | I 1877. i1 1898. | | 1973. I 2736. 2643. I 2704. 1 2430. 1 2032. 1 I 2321. 2777. I 3312. I FARM CASH FLOW 1 1 NONFARM 1 INCOME 1 j OPERATORS' LANDLORDS' TOTAL 1 OF THE | TOTAL NET FARM NET RENTAL FARM 1 INCOME ______ INCOME _ IF>npin AT ION 1 CAPITAL CONSUMPTION ALLOWANCES ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 10661. 9918. 10300. 10391. 9449. 10368. 12358. 16102. 17120. 15782. 8032. 7154. 7500. 7626. 6668. 7319. 8899. 12094. 13215. 11983. 1143. 1182. 1183. 1145. 1179. 1326. 1633. 2148. 1905. 1792. 1486. 1582. 1617. 1620. 1601. 1724. 1826. 1859. 2000. 2008. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 9130. 5155. 650 0. 7562. 8301. 9554. 8485. 9002. 9025. 9844. 6272. 2649. 3906. 4875. 5426. 6998. 6011. 6290. 6304. 7111. 840. 567. 733. 84 1. 1016. 895. 802. 1000. 96 7. 947 . 2018. 1938. 1861. 1845. 1859. 1661. 1672. 1712. 1754. 1786. ****** ****** ****** ****** 12918. 14343. 16333. 16153. 13922. 14757. ****** ****** ****** ****** 5451. 5613. 6361 . 6391. 5865. 6274. 6774. 4026. 2577. 4915. 7466. 8730. 9971 . 9763. 8057. 8483. 4222. 1851. 648. 2848. 5207. 6270. 7294. 7028. 5329. 5695. 642 . 298. 134. 407 . 638. 844. 923. 884. 754. 911. 1910. 1877. 1795. 1660. 1621. 1616. 1754. 1851. 1974. 1877. 14883. 19610. 25289. 29790. 30137. 29911. 31137. 31700. 28961. 27552. 6569. 7385. 8076. 8419. 8416. 8173. 7779 . 7918. 8065. 8672. 8314. 12224. 17213. 21371. 21721. 21738. 23357. 23782. 20896. 18880. 5350. 8785. 12654. 16712. 17038. 17334. 18930. 19286. 16219. 14017. 1067. 1467. 1824. 2015. 1979. 1974. 2395. 2175. 1900. 1550. 1898. 1973. 2736. 2643. 2704. 2430. 2032. 2321. 2777. 33 12. I | ! | 1 I ! | I 1 27004. 28103. 27114. 26137. 23672. 23223. 24333. 22247. 24053. 22716. 8687. 8369. 8460. 8036. 7371 . 7727. 8088 . 7848. 7715. 8160. 18318. 19734. 18654. 18101. 16301. 15496. 16244. 14399. 16338. 14556. 12911. 13931. 12683. 12273. 10412. 95 65. 10308. 8536. 10366. 8452. 1710. 1758. 1787. 1516. 1440. 1318. 1362. 1221. 1341. 1234. 3696. 4045. 4184. 4312. 4448. 4613. 4574. 4642. 4632. 4869. 1 | I I 1 1 | 1 I j 1 1 | I | | I I I 1 | 23129. 24198. 24870. 25231. 26192. 27713. 3007 *,. 27599. 28472. 30037. 8158. 8523. 9208. 9769. 10488. 11246. 1 1528 . 11737. 12311 . 12686. 14971. 15674. 15662. 15462. 15704. 16468. 18546. 15862. 16161. 17352. 8814. 9275. 9043. 8571. 8645. 9063. 10926. 8199. 8293. 9487. 1267. 1502. 1619. 1770. 1781. 1996. 2081. 1882. 1918. 1877. 4890. 4897. 5000. 5121. 5278. 5408. 5539. 5781. 5950. 5987. 29011. 28211. 34021. 44508. 40095. 33643. 32419. 29968. 34711. 34023. 12445. 12651 . 14167. 14793. 14758. 14057. 13783. 13730. 14732. 14713. 16567. 15560. 19854. 29715. 25337. 19586. 18636. 16238. 19979. 19310. 8921. 7649. 10773. 18727. 14732. 8924. 8059. 5652. 9047. 8322. 1833. 1852. 2786. 4267. 3453. 2854. 2475. 2236. 2412. 2437. 5813. 6059. 6294. 6721. 7152. 7808. 8101. 8350. 8520. 8552. THE PRICE DEFLATOR USED IS THE ANNUAL AVERAGE OF THE BLS CONSUMER PRICE INDEX (FOR ALL ITEMS, ALL URBAN CONSUMERS). FOR YEARS AFTER 1959, PREFERABLE SERIES FOR NONFARM INCOME AND TOTAL CASH FLOW ARE SHOWN IN TABLE 9 5 2 . 1 . SEE TABLE 94 1.1 FOR ADDITIONAL INFORMATION. TABLE 942.2 95 CASH FLOW AND NET INCOME IN 1967 DOLLARS CHANGE FROM PREVIOUS YEAR IN MILLIONS OF DOLLARS CASH FLOW IN C LU D IN G U N R EA LI ZE D AND NONMONEY FARM INCOME YEAR I 1 TO TA L i NONFARM INCOME OF THE FARM FARM CASH FLOW | l I | TOTAL OPERATORS' NET FARM LANDLORDS' NET RENTAL 1 CASH FLOW EXCLUD ING U N R EALI ZED AND 1 FARM 1 1 NONFARM 1 I | 1 INCOME C A P IT A L I TOT AL | OF THE I OPERATO RS' CONSUMPTION! I FARM 1 TOTAL NET FARM NONMONEY FARM INCOME CASH FLOW LANDLORDS' NET REN TAL C A P IT A L CONSUMPTION 1 1 9 1 1 ...1 1 9 1 2 .. . | 1 9 1 3 ...1 1 9 1 4 ...| 1 9 1 5 ...| 1 9 1 6 ...| 1 9 1 7 ...| 1 9 1 8 ...| 1 9 1 9 ...| 1 9 2 0 ...1 1 9 2 1 ...| 1 9 2 2 ...| 1 9 2 3 ... | 1 9 2 4 ... | 1 9 2 5 ... | 1 9 2 6 ...| 1 9 2 7 ... | 1 9 2 8 ...| 1 9 2 9 ...| * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * 1 93 0 .. . | * * * * * * 1 9 3 1 ... | * * * * * * 1 9 3 2 ...i * * * * * * 1 9 3 3 ... | * * * * * * 1 9 3 4 ...| * * * * * * 1 9 3 5 ...| 5915. 1 9 3 6 .. .| -1 4 9 6 . 1 93 7 ...1 3671. 1 9 3 8 ...1 -4 1 6 4 . 1 9 3 9 ...| 747. * * * * * * -2 7 7 9 . 3303. -2 8 4 9 . 1267. 509. 1 94 . 8247. -1 9 84 . -2 2 4 3 . -2 9 1 4 . 3268. -2 8 13 . 1251. 240. -2 1 5 . 7698. -1881. -2 1 3 8 . 39. 1. -3 8 . 3 5. 146. 307. 515. -2 4 4 . -1 1 3 . 96. 35. 2. -1 8 . 122. 102. 34. 141. -5 2 95 . -7057. 2452. 1360. -2 4 7 . 3025. -1 7 0 7 . -4 . 709. 345. -4 3 5 4 . -6 7 0 4 . 2364. 1266. -4 3 5 . 3344. -1 6 2 5 . -2 4 2 . 699. 333. -9 5 2 . -2 7 3 . 166. 108. 174. -1 2 0 . -9 3 . 198. -3 3 . -1 9 . 1 1. -8 0 . -7 8 . -1 5 . 14 . -1 9 8 . 11. 40. 43. 31. 8 . 162. 748. 29. -5 2 6 . 409. -3 6 5 5 . -1 5 6 1 . -2 6 11 . 1755. 897. 5753. -2 2 4 4 . 3642. -3 6 3 8 . 337. -3 4 7 4 . -1 1 8 5 . -2 3 65 . 1617. 704. 5553. -2 4 6 1 . 3584. -3 6 3 1 . 276. -3 0 5 . -3 4 4 . -1 6 4 . 273. 2 31 . 206. 79. -3 9 . -1 3 0 . 158. 124. -3 3 . -8 3 . -1 3 5 . -3 9 . -5 . 139. 97. 123. -9 7 . 1 9 4 0 ...| 532. 1 9 4 1 ...| 5337. 1 9 4 2 ...I 7284. 2908. 1 9 4 3 ...1 1 9 4 4 . . . | -4 2 4 . 1 9 4 5 ...| 110 . 1 9 4 6 ...| 2 54 5 . 1 9 4 7 ...1 -2 5 9 9 . 1 9 4 8 ...f 1877. 1 9 4 9 . . . I -5 8 0 7 . 2 95 . 816. 690. 343. -3 . -2 4 3 . -3 9 3 . 138. 147. 607. 237. 4521. 6594. 2565. -4 2 1 . 353. 2938. -2 7 3 8 . 1729. -6 4 1 4 . 61. 4045. 5474. 2466. -4 4 6 . 632. 2915. -2 8 0 7 . 1549. -6 6 0 0 . 156. 400. 357. 192. -3 6 . -5 . 421. -2 2 0 . -2 7 5 . -3 5 0 . 1 9 5 0 ...| 1 9 5 1 . . . |. 1 9 5 2 ...1 1 9 5 3 ...| 1 9 5 4 ...| 1 9 5 5 ...1 1 9 5 6 ...| 1 9 5 7 ...| 1 9 5 8 ...| 1 9 5 9 ...| 1588. 1631. -1 4 03 . -3 1 8 2 . -1 4 3 9 . -8 7 5 . 96. -9 9 0 . 2033. -2 3 5 8 . 14 . -3 1 8 . 91. -4 2 4 . -6 6 5 . 356. 362. -2 4 0 . -1 3 3 . 446. 1574. 1948. -1 4 94 . -2 7 5 7 . -7 7 4 . -1 2 3 1 . -2 6 6 . -7 5 0 . 2166. -2 8 03 . 1030. 1551. -1 6 62 . -2 6 1 4 . -8 3 5 . -1 2 7 4 . -2 7 0 . -6 7 6 . 2056. -2 9 34 . 1 9 6 0 ...| 765. 1 9 6 1 ... | 968. 1 9 6 2 ...| 875. 1 9 6 3 ...| 353. 1 9 6 4 ...| -6 5 4 . 3459. 1 9 6 5 ...| 1 96 6 ...1 1211. 1 9 6 7 .. .| -1 7 7 1 . 1 9 6 8 ...| 266. 1 9 6 9 ...| 1563. -3 . 366. 684. 561. 719. 758. 282. 209. 574. 375. 767. 602. 190. -2 0 9 . -1 3 73 . 2701. 929. -1 9 81 . -3 0 8 . 1188. -2 4 1 . 207. 1516. 627. -3 5 . -7 0 1 . -2 7 4 . -5 3 . 1002. -2 0 . -1 0 68 . 161. 4002. 12066. -7 7 4 7 . -2 4 52 . -4 3 1 1 . -6 1 . 3727. 41. 1 9 7 0 ...1 1 9 7 1 ...| 1 9 7 2 ...| 1 9 7 3 ...1 1 9 7 4 ...| 1 9 7 5 ...1 1 9 7 6 ...| 1 9 7 7 ...t 1 9 7 8 ...| 1 97 9 ...1 -1 3 0 9 . 368. 5518. 12693. -7 7 82 . -3 1 5 3 . -4 5 8 5 . -1 1 4 . 4730. 22. * * * * * * * * * * * * * * * * * * * * * * * * | * * * * * * * * * * * * | * * * * * * * * * * * * i * * * * * * * * * * * * j * * * * * * * * * * * * | * * * * * * * * * * * * j * * * * * * * * * * * * j * * * * * * * * * * * * | * * * * * * * * * * * * | i 1 J * * * * * * * * * * * * * * * * * * * * * * * * j j j * * * * * * * * * * * * * * * * * * * * * * * * j * * * * * * * * * * * * j * * * * * * * * * * * * * * * * * * * * * * * * j * * * * * * * * * * * * j * * * * * * * * * * * * j j * * * * * * * * * * * * I 1 J * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * -7 4 3 . 382. 91. -9 4 2 . 920. 1989. 3744. 1018. -1 3 3 8 . -8 7 9 . 346. 126. -9 5 8 . 651. 1580. 3195. 1121. -1 2 32 . 39. 1. -3 8 . 35. 146. 307. 515. -2 4 4 . -1 1 3 . 96. 35. 2. -1 8 . 1 22 . 10 2 . 34. 1 41 . -6 6 5 2 . -3 9 75 . 1345. 1062. 739. 1254. -1 0 6 9 . 517. 23. 819. -5 7 1 1 . -3 6 2 2 . 1257. 968. 551. 1572. -9 8 7 . 279. 14. 807. -9 5 2 . -2 7 3 . 166. 108. 174. -1 2 0 . -9 3 . 198. -3 3 . -1 9 . 11. -8 0 . -7 8 . -1 5 . 14. -1 9 8 . 11. 40. 43. 3 1. -2 8 8 9 . -2 3 7 1 . -1203. 2200. 2359. 1063. 1024. -2 6 6 . -1 6 9 9 . 365. -3 0 5 . -3 4 4 . -1 6 4 . 273. 231. 206. 79. -3 9 . -1 3 0 . 158. 124. -3 3 . -8 3 . -1 3 5 . -3 9 . -5 . 139. 97. 1 23 . -9 7 . 8 . 1 I 1 1425. 1989. -1 7 9 . | -2 2 32 . 1 835. 1 162. 748. 29. -5 2 6 . 409. -3 0 7 0 . -2 7 48 . -1 4 4 9 . 2338. 2551. 1264. 1241. -2 0 8 . -1 7 0 6 . 426. 20. 75. 763. -9 3 . 61. -2 7 4 . -3 9 8 . 289. 455. 536. I 126. 1 4727. 1 5679. j 4501. I 347. i -2 2 6 . ! 1226. 1 563. | -2 7 38 . ! -1 4 0 9 . ■ 295. 816. 690. 343. -3 . -2 4 3 . -3 9 3 . 138. 147. 607. -1 6 9 . 3910. 4989. 4158. 350. 1 7. 1619. 425. -2 8 8 6 . -2 0 16 . -3 4 5 . 3435. 3869. 4059. 326. 296. 1596. 356. -3066. -2 2 0 2 . 156. 400. 357. 192. -3 6 . -5 . 421. -2 2 0 . -2 7 5 . -3 5 0 . 20. 75. 763. -9 3 . 61. -2 7 4 . -3 9 8 . 289. ,4 5 5. 536. 160. 48. 29. -2 7 2 . -7 6 . -1 2 2 . 44. -1 4 2 . 120. -1 0 7 . 384. 349. 139. 128. 136. 165. -4 0 . 68. -1 0 . 238. 1 -5 4 8 . 1 1099. 1 -9 8 8 . 1 -9 7 7 . ! -2 4 6 5 . 1 -4 4 9 . I 1110. j -2 0 86 . I 1806. 1 -1 3 3 7 . 14. -3 1 8 . 91. -4 2 4 . -6 6 5 . 356. 362. -2 4 0 . -1 3 3 . 446. -5 6 2 . 1416. -1 0 8 0 . -5 5 3 . -1 8 0 1 . -8 0 4 . 748. -1 8 46 . 1940. -1 7 8 3 . -1 1 06 . 1019. -1 2 4 8 . -4 1 0 . -1 8 61 . -8 4 8 . 744. -1 7 7 2 . 1830. -1 9 1 4 . 160. 48. 29. -2 7 2 . -7 6 . -1 2 2 . 44. -1 4 2 . 120. -1 0 7 . 384. 349. 139. 128. 136. 165. -4 0 . 68. -1 0 . 238. 714. 360. -2 9 . -4 8 0 . -1 5 41 . 2356. 712. -2 0 2 3 . -5 1 4 . 1192. 34. 235. 117. 151. 12. 214. 86. -1 9 9 . 36. -4 1 . 20. 8. 103. 121. 15 7 . 131. 131. 242. 16 9 . 37. -3 . 366. 684. 561 . 719. 758. 282. 209. 574. 375. 415. 703. -1 2 . -2 0 0 . 242. 764. 2079. -2 6 8 4 . 299. 1190. 362. 461. -2 3 2 . -4 7 2 . 73. 419. 1862. -2 7 2 7 . 94. 1195. 34. 235. 117. 151. 12. 214. 86. -1 9 9 . 36. -4 1 . 20. 8. 103. 121. 157. 131. 131. 242. 169. 37. -8 5 0 . -1 0 4 . 2833. 10159. -7 3 64 . -2 5 0 8 . -4 2 2 6 . -7 1 . 3382. -1 5 . -4 4 . 18. 935. 1481. -8 1 4 . -5 9 9 . -3 7 9 . -2 3 9 . 176. 25. -1 7 5 . 247. 235. 426. 431. 656. 294. 249. 170. 32. I 413. 1 1069. 1 672. 1 361. I 960. 1 1522. 1 2361. i -2 4 7 5 . 1 873. 1 1565. i I 1 -1 0 2 6 . 1 -8 0 0 . \ 5810. | 10487. 1 -4 4 13 . 1 -6 4 5 2 . 1 -1 2 24 . 1 -2 4 51 . ! 4743. I -6 8 8 . u -------------------- -2 4 1 . 207. 1516. 627. -3 5 . -7 0 1 . -2 7 4 . -5 3 . 1002. -2 0 . -7 8 5 . -1 0 07 . 4294. 9861. -4 3 7 8 . -5 7 5 1 . -9 5 0 . -2 3 9 8 . 3740. -6 6 8 . -5 6 6 . -1 2 72 . 3125. 7954. -3 9 9 5 . -5 8 0 8 . -8 6 5 . -2 4 0 7 . 3395. -7 2 5 . -4 4 . 18. 935. 1481. -8 1 4 . -5 9 9 . -3 7 9 . -2 3 9 . 176. 25. -1 7 5 . 247. 235. 426. 431. 656. 294. 249. 170. 32. • j j j 2 96 TABLE 942.3 CASH FLOW AND NET INCOME IN 1967 DOLLARS PERCENTAGE CHANGE FROM PREVIOUS YEAR 1 YEAR CASH FLOW IN CLU DI NG U N R EA LI ZED 1 I I TO T A L 1 AND NONMONEY FARM INCOME NONFARM | FARM CASH FLOW INCOME 1 OF THE | OPERATORS' LANDLORDS' FARM | TOTAL NET FARM NET RENTAL POP ULATION!. INCOME INCOMF ***** ***** ***** ***** | ***** ***** ***** ***** *** ** ***** * *** * ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** -2 5 .0 -4 4 .5 27.9 12. 1 -2 .0 24.5 -1 1 . 1 -0 .0 5 .2 2 .4 -2 5 .1 -5 1 .6 37.6 14.6 -4 .4 35.3 -1 2 .7 -2 .2 6 .4 2 .9 -5 3 . 1 -3 2 .5 29.3 14.8 20.7 -1 1 .9 -1 0 .4 24.7 -3 .3 -2 .0 0 .5 -4 .0 -4 .0 -0 .8 0 .8 -1 0 .7 0 .6 2 .4 2 .5 1 .8 * *** * ** *** * *** * ** *** *** ** 3 9.4 -7 .2 18.9 -1 8 .0 3 .9 ***** ***** *** ** ***** ***** 3 .0 13.3 0.5 -8 .2 7 .0 -2 4 .8 -1 4 . 1 -2 7 .5 25.4 10.4 60.3 -1 4 . 7 27.9 -2 1 .8 2 .6 -2 9 .0 -1 3 .9 -3 2 .3 32.5 10.7 76.2 -1 9 .2 34.5 -2 6 .0 2 .7 -3 2 .2 -5 3 .5 -5 4 .9 2 02 .8 56.8 32.2 9 .3 -4 .2 -1 4 .7 20.9 1 9 4 0 ... 1 9 4 1 ... 1 9 4 2 ... 1 9 4 3 ... 1 9 4 4 ... 1 9 4 5 ... 1 9 4 6 ... 1 9 4 7 ... 1 9 4 8 ... 1 9 4 9 ... i 2 .7 1 2 6.4 | 28.5 I 8 .9 I -1 .2 1 0 .3 1 7.2 I -6 .8 1 5.3 I -1 5 .6 4 .7 12.4 9 .3 4 .2 -0 .0 -2 .9 -4 .8 1.8 1 .9 7 .5 1 .8 33.2 36.3 10.4 -1 .5 1 .3 10.8 -9 .1 6 .3 -2 2 .0 0 .6 37.9 37.2 12.2 -2 .0 2 .8 12.8 -1 0 .9 6 .7 -2 6 .9 1 9 5 0 ... 1 9 5 1 ... 1 9 5 2 ... 1 9 5 3 ... 1 9 5 4 ... 1 9 5 5 ... 1 9 5 6 ... 1 9 5 7 ... 1 9 5 8 ... 1 9 5 9 ... 1 I I I 1 1 1 I 1 I 5.1 4 .9 -4 .0 -9 .6 -4 .8 -3 .1 0 .3 -3 .6 7.6 -8 .2 0.2 -3 .7 1.1 -5 .0 -8 .3 4 .8 4 .7 -3 .0 -1 .7 5.8 6 .9 8 .0 -5 .7 -1 1 .1 -3 .5 -5 .8 -1 .3 -3 .8 11.4 -1 3 .2 5 .8 8 .2 -8 .1 -1 3 .9 -5 .2 -8 .3 -1 .9 -4 .9 15.6 -1 9 .3 1 9 6 0 ... 1 9 6 1 ... 1 9 6 2 ... 1 9 6 3 ... 1 9 6 4 ... 1 9 6 5 ... 1 9 6 6 ... 1 9 6 7 ... 1 9 6 8 ... 1 9 6 9 ... 1 1 t 1 1 1 1 1 1 | 2.9 3 .5 3.1 1.2 -2 .2 1 2.0 3 .7 -5 .3 0 .8 4.9 -0 .0 4 .5 8 .0 6.1 7 .4 7 .2 2.5 1.8 4 .9 3.0 4.2 3 .1 1 9 7 0 ... I -3 .9 1 9 7 1 ... I 1 .1 16.9 1 9 7 2 ... I 1 9 7 3 ... 1 33.3 1 9 7 4 ... 1 -1 5 .3 1 9 7 5 . . . ,1 -7 .3 1 9 7 6 ... f -1 1 .5 1 9 7 7 ... I -0 .3 1 9 7 8 ... 1 13.4 1 9 7 9 .... 1 0.1 -1 .9 1 .7 12.0 ** *** ***** | ***** ***** 1 9 2 0 ... j 1 9 2 1 ... j 1 9 2 2 ... | 1 9 2 3 ... | 1 9 2 4 ... | 1 9 2 5 ... | 1 9 2 6 ... j 1 9 2 7 ... | 1 9 2 8 ... | 1 9 2 9 ... j ***** ** *** ***** * *** * ** * * * ***** *** ** *** ** ** *** 1 9 3 0 ... 1 9 3 1 ... 1 9 3 2 ... 1 9 3 3 ... 1 9 3 4 ... 1 9 3 5 ... 1 9 3 6 ... 1 9 3 7 ... 1 9 3 8 ... 1 9 3 9 ... j j j 1 j 1 1 I 1 I ***** ***** ***** ***** 4 .4 -0 .2 -4 .8 -1 .9 -0 .4 7 .3 -0 .1 1. 1 3 .4 0 .1 -3 .2 3 .0 12.4 23.2 31.6 -1 1 .3 -5 .9 6 .5 2 .2 0 .1 -1 .1 7 .6 5 .9 1.8 7 .6 0 .4 T O TA L ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ** * * * ***** ***** ***** ***** ***** ***** ***** OPE RATORS' NET FARM INCOME LANDLO RD S' N ET RENTAL INCOME CAPITAL CONSUMPTION ALLOWANCES -7 .0 3 .9 0 .9 -9 .1 9 .7 19.2 30.3 6 .3 -7 .8 -1 0 .9 4 .8 1.7 -1 2 .6 9 .8 21.6 35.9 9.3 -9 .3 3 .4 0 .1 -3 .2 3 .0 12.4 23.2 31.6 -1 1 .3 6 .5 2 .2 0.1 -1 .1 7.6 5.9 1.8 7 .6 0 .4 -4 7 .7 -5 7 .8 47.5 24.8 11.3 29.0 -1 4 .1 4 .6 0 .2 12.8 -5 3 .1 -3 2 .5 29.3 14.8 20.7 -1 1 .9 -1 0 .4 24.7 -3 .3 -2 .0 0.5 -4 .0 -4 .0 -0 .8 0 .8 -1 0 .7 0 .6 2 .4 2 .5 1 .8 m l 48.2 -7 .8 -9 . 6 j j j j j -1 5 .9 22.5 -1 5 .8 8 .4 3. 1 C A P IT A L CONSUMPTION Al 1 RWANCES FARM CASH FLOW O' j { NONFARM | INCOME | I OF THE I | FARM | TO TA L 1P O P U L A T I O N ! | | -1 9 .6 27.4 -1 8 .5 10.1 1 .8 -1 .5 56.3 -8 .8 -1 1 .0 1 9 1 1 ... 1 9 1 2 ... 1 9 1 3 ... 1 9 1 4 ... 1915. . . 1 9 1 6 ... 1 9 1 7 ... 1 9 1 8 ... 1 9 1 9 ... FLOW EXC LUD IN G U N R EA LI ZE D AND NONMONEY FARM INCOME CASH ***** ***** ***** ***** ***** *** ** *** ** ***** *** ** *** ** *** ** ***** ***** ***** ***** *** ** ***** ***** -4 2 .1 -4 3 .5 26.1 16.3 9 .8 15.1 -1 1 .2 6.1 0 .3 9.1 7 .0 -1 .7 -4 .4 -7 .5 -2 .3 -0 .3 8 .6 5 .5 6 .6 -4 .9 ***** *** ** *** ** ***** ***** 11.0 13.9 -1 . 1 -1 3 .8 6 .0 ***** ***** ***** *** ** *** ** 3 .0 13.3 0 .5 -8 .2 7 .0 -3 1 .2 -4 0 .6 -3 6 .0 90.7 51.9 16.9 14.2 -2 .1 -1 7 .5 5 .3 -4 0 .6 -5 6 .2 -6 5 .0 3 39.5 82.8 20.4 16.3 -3 .6 -2 4 .2 6 .9 -3 2 .2 -5 3 .5 -5 4 .9 2 0 2 .8 56.8 32.2 9 .3 -4 .2 -1 4 .7 20.9 7 .0 -1 .7 -4 .4 -7 .5 -2 .3 -0 .3 8.6 5 .5 6 .6 -4 .9 17.1 37.5 24.3 10.5 -1 .8 -0 .3 21.3 -9 .2 -1 2 .6 -1 8 .4 1.1 4 .0 38.7 -3 .4 2 .3 -1 0 .1 -1 6 .4 14.2 19.6 19.3 0 .9 31.8 29.0 17.8 1.2 -0 .7 4. 1 1.8 -8 .6 -4 .9 4 .7 12.4 9 .3 4 .2 -0 .0 -2 .9 -4 .8 1.8 1.9 7 .5 -2 .0 47.0 40.8 24.2 1 .6 0 .1 7 .4 1 .8 -1 2 .1 -9 .6 -6 .1 64.2 44.0 32.1 1.9 1.7 9.2 1.9 -1 5 .9 -1 3 .6 17.1 37.5 24.3 10.5 -1 .8 -0 .3 21.3 -9 .2 -1 2 .6 -1 8 .4 1.1 4 .0 38.7 -3 .4 2 .3 -1 0 .1 -1 6 .4 14.2 19.6 19.3 10.3 2 .8 1.7 -1 5 .2 -5 .0 -8 .5 3 .4 -1 0 .4 9 .8 -8 .0 11.6 9 .4 3 .4 3.1 3 .2 3 .7 -0 .9 1 .5 -0 .2 5.1 -2 .0 4.1 -3 .5 -3 .6 -9 .4 -1 .9 4. a -8 .6 8.1 -5 .6 0 .2 -3 .7 1 .1 -5 .0 -8 .3 4 .8 4 .7 -3 .0 -1 .7 5 .8 -3 .0 7 .7 -5 .5 -3 .0 -9 .9 -4 .9 4 .8 -1 1 .4 13.5 -1 0 .9 -7 .9 7 .9 -9 .0 -3 .2 -1 5 .2 -8 .1 7.8 -1 7 .2 21.4 -1 8 .5 10.3 2 .8 1 .7 -1 5 .2 -5 .0 -8 .5 3 .4 -1 0 .4 9 .8 -8 .0 11.6 9 .4 3 .4 3.1 3 .2 3 .7 -0 .9 1 .5 -0 .2 5 .1 2 .7 18.5 7 .8 9 .3 0 .7 12.0 4 .3 -9 .6 1 .9 -2 .2 0 .4 -9 .0 -1 .5 6 .0 5 .8 2 .8 -0 .2 -3 .6 -1 2 .0 2 0.9 5 .2 -1 4 .1 -4 .2 10 . 1 1 .8 4 .6 2 .8 1 .5 3 .8 5.8 8.5 -8 .2 3 .2 5 .5 -0 .0 4 .5 8 .0 6 .1 7 .4 7 .2 2 .5 1 .8 2 .9 4 .7 -0 .1 -1 .3 1 .6 4 .9 12.6 -1 4 .5 1.9 7 .4 4 .3 5 .2 -2 .5 -5 .2 0 .9 4 .8 20.5 -2 5 .0 1.1 14.4 2 .7 18.5 7 .8 9 .3 0 .7 12.0 4 .3 -9 .6 1 .9 -2 .2 0 .4 0 .2 2.1 2 .4 3.1 2.5 2 .4 4 .4 2 .9 0 .6 -5 .1 0 .8 20.0 50.3 -2 1 .5 -8 .7 -1 6 . 7 -0 .3 17.4 0 .2 -6 .5 -0 .9 23.5 68.2 -2 9 .4 -1 4 .2 -2 7 .8 -0 .6 31.1 -0 .1 -2 .3 1 .0 50.5 53. 1 -1 9 .1 -1 7 .4 -1 3 .3 -9 .7 7 .9 -3 .4 -2 .8 2 0.6 30.8 -1 .9 1.7 12.0 -9 .9 -0 .2 -4 .8 -1 .9 -0 .4 7 .3 -0 .1 -4 .5 -6 .1 27.6 49.7 -1 4 .7 -2 2 .7 -6 .0 -1 4 .3 4 0.9 73.8 -2 1 .3 -3 9 .4 -9 .7 -2 9 .9 6 0.1 -8 .0 -2 .3 1 .0 50.5 53.1 -1 9 .1 -1 7 .4 -1 3 .3 -9 .7 7 .9 1 .0 -2 .9 4 .2 3 .9 6 .8 6 .4 9.2 3 .8 3 .1 2 .0 0 .4 1 .0 -1 .0 -7 .0 14.7 4 .4 1 .0 0.2 2 .1 2 .4 3 .1 2 .5 2 .4 4 .4 2 .9 0 .6 -2 .9 4.2 3 .9 6 .8 6 .4 9.2 3 .8 3 .1 2 .0 0 .4 ***** ***** -1 6 . 1 -3 .6 -7 .6 15.8 -2 .0 4 .9 3 .0 4 .4 -4 .8 -1 2 .9 2 3.0 -3 .3 SECTION! 951 97 CASH FLOW AND NET INCOME CURRENT DOLLARS YEAR 1 1 1 | 1 CASH FLOW TO TA L J IN C LU D IN G U N R EA LI ZE D OF F- F AR M j I INCOME ! I OF FARM) 1OPERATOR| TOTA L [FA M ILIES ! AND NONMONEY FARM INCOME OPERATORS* NET FARM INCOME LANDLORDS* NET RENTAL INCOME C A P IT A L I CONSUMPTION! ALLOWANCES! 951. 1 i i I9 6 0 ...I 1 9 6 1 ...I 1 9 6 2 ...1 1 9 6 3 ...I 1 9 6 4 ...I 1 9 6 5 ...1 1 9 6 6 ...I 1 9 6 7 ...I 1 9 6 8 ...| 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 ...j 1 9 7 5 ... 1 1 9 7 6 ... | 1 9 7 7 ...| 1 9 7 8 ...1 1 9 7 9 ...| | 1 1 | 1 1 96 1 ...1 1 9 6 2 ...1 1 9 6 3 ...1 1 9 6 4 ...| 1 9 6 5 ...| 1 96 6 ...1 1 9 6 7 ...i 1 9 6 8 ...1 1 9 6 9 ...| I CASH FLOW EXCLUDING U N R EA LI ZE D AND NONMONEY FARM INCOME FARM CASH FLOW AMOUNTS TO TA L IN M IL L IO N S J OF F— FARM! I INCOME 1 | OF FARM! IOPERATQR! T OT A L IF A M 1L IE S 1 FARM CASH FLOW OPERATORS* NET FARM INCOME LANDLORDS* NET R EN T A L INCOME CAPITAL CONSUMPTION ALLOWANCES OF DOLLARS 25461. 26854. 27965. 29109. 28687. 3 2 6 2 3. 35249. 34497. 35987. 39539. 8482. 9163. 9904. 11020. 1 1 6 3 7. 1 27 2 7. 1 3 8 8 2. 14495. 1 54 6 6. 1 6 6 1 1. 16979. 1 76 9 1. 180 6 1. 18089. 17050. 19896. 21367. 20002. 20521. 22928. 11518. 1 19 5 7. 12064. 11770. 1 04 9 2 . 1 28 9 9. 13960. 12339. 12322. 14293. 11 2 4 . 1 34 6 . 146 7. 162 3. 165 5. 188 6. 2023. 188 2. 199 9 . 2061. 4337. 4388. 4530. 4696. 4903. 5111. 5384. 5781. 6200. 6574. 1 | I I I | I I | I 21761. 23207. 24094. 25199. 26226. 28289. 31909. 30357. 32306. 35663. 8482. 9163. 9904. 11020. 11637. 12727. 13882. 14495. 15466. 16611. 13279. 14044. 14190. 14179. 14589. 15562. 18027. 15862. 16840. 19052. 7818. 8310. 8193. 7860. 8031. 8565. 10620. 8199. 8641. 10417. 1124. 1346. 1467. 1623. 1655. 1886. 2023. 1882. 1999. 2061. 4337. 4388. 4530. 4696. 4903. 5111. 5384. 5781. 6200. 6574. 40439. 43057. 5 06 5 8 . 71731. 68309. 69115. 67068. 70852. 83520. 92900. 17396. 18828. 20615. 23758. 26516. 27454. 30353. 31879. 34279. 380 Q0. 23043. 24229. 30043. 47973. 41793. 41661. 36715. 38973. 49241. 54900. 14151. 14633. 18665. 33349. 26130. 24475. 18682. 19759. 27880. 31000. 2132. 2246. 3491. 5679. 5100. 4600. 4220. 4058. 4713. 5300. 6760. 1350. 7887. 8945. 10563. 12586. 13813. 15156. 16648. 18600. I | | | I | I | 1 | 36663. 37702. 45492. 63308. 63938. 59026. 62127. 61351. 73317. 80000. 17396. 18828. 20615. 23758. 26516. 27454. 30353. 31879. 34279. 38000. 19267. 18874. 24877. 39550. 37422. 31572. 31774. 29472. 39038. 42000. 10375. 9278. 13499. 24926. 21759. 14386. 13741. 10258. 17677. 18100. 2132. 2246. 3491. 5679. 5100. 4600. 4220. 4058. 4713. 5300. 6760. 7350. 7887. 8945. 10563. 12586. 13813. 15156. 16648. 18600. 9 51 .2 CHANGE FROM PREVIO US YEAR IN 1393. 111 1 . 1144. -4 2 2 . 3936. 2626. -7 5 2. 149 0 . 3552. 681. 741. 1116. 617. 1090. 1155. 613. 971. 1145. 712. 370. 28. -1 0 39 . 2846. 1471. -1 3 6 5 . 519. 2407. 439. 107. -2 9 4 . -1 2 78 . 2407. 10 6 1 . -1 6 2 1 . -1 7 . 1971. 222. 121. 156. 32. 231. 137. -1 4 1 . 117. 62. 51. 142. 166. 207. 208. 273. 397. 419. 374. 1 9 7 0 ...| 1 9 7 1 ...| 1 9 7 2 ... ! 1 9 7 3 ...t 1 9 7 4 ...| 1 9 7 5 ... ! 1 97 6 ...| 1 9 7 7 ...r 1 9 7 8 ...J 1 9 7 9 ...j J » 1 J 1 1 9 6 1 ...1 1 9 6 2 ... 1 1 9 6 3 ... I 1 96 4 ...| 1 9 6 5 ...i 1 9 6 6 ...1 1 9 6 7 ...| 1 9 6 8 ...| 1 9 6 9 ...| j 900. 2618. 7601. 21073. -3 4 22 . 806. -2 0 4 7 . 3784. 12668. 9380. 785. 1432. 1787. 3143. 2758. 938. 2899. 1526. 2400. 3721. 115. 1186. 5814. 17930. -6 1 80 . -1 3 2 . -4 9 4 6 . 2258. 10266. 5659. -1 4 2 . 482. 4032. 14684. -7 2 1 9 . -1 6 5 5 . -5 7 9 3 . 1077. 8121. 3120. 71. 114. 1245. 2188. -5 7 9 . -5 0 0 . -3 8 0 . -1 6 2 . 655. 5-87. 186. 590. 537. 1058. 1618. 2023. 1227. 1343. 1492. 1952. 5.5 4.1 4 .1 -1 .4 13.7 8.0 -2 .1 4 .3 9 .9 8 .0 8.1 11.3 5 .6 9 .4 9 .1 4 .4 6 .7 7 .4 4 .2 2.1 0.2 -5 .7 16.7 7.4 -6 .4 2 .6 11.7 3 .8 0 .9 -2 .4 -1 0 .9 22.9 8 .2 -1 1 .6 -0 .1 16.0 19.8 9 .0 10.6 2 .0 14.0 7 .3 -7 .0 6 .2 3.1 1.2 3 .2 3 .7 4 .4 4 .2 5.3 7 .4 7.2 6 .0 1 9 7 0 ... ! 1 9 7 1 ... | 1 97 2 ... | 1 9 7 * ... | 1 9 7 4 ...| 1 9 7 5 ...| 1 9 7 6 ...! 1 9 7 7 ...1 1 9 7 8 ...| 1 9 7 9 ...! I 2 .3 6 .5 17.7 41.6 -4 .8 1 .2 -3 .0 5 .6 17.9 11.2 4 .7 8 .2 9 .5 15.2 11.6 3 .5 10.6 5 .0 7 .5 10.9 0 .5 5 .1 24.0 59.7 -1 2 .9 -0 .3 -1 1 .9 6 .2 26.3 11.5 -1 .0 3 .4 27.6 78.7 -2 1 .6 -6 .3 -2 3 .7 5 .8 41.1 11.2 3 .4 5 .3 55.4 62.7 -1 0 .2 -9 .8 -8 .3 -3 .8 16.1 12.5 2 .8 8 .7 7 .3 13.4 18.1 19.2 9 .7 9 .7 9 .8 11.7 951 .3 I ! 1446. 887. 1105. 1027. 2063. 3620. -1 5 52 . 1949. 3357. 1 1000. 1 1039. 1 7790. 1 17816. I 630. 1 -4 9 1 2 . I 3101. 1 -7 7 6 . 1 11966. I 6683. J ____________ M IL L I O N S 951. 4 CF DOLLARS 681. 741. 1116. 617. 1090. 1155. 613. 971. 1145. 765. 146. -1 1 . 410. 973. 2465. -2 1 65 . 978. 2212. 492. -1 1 7 . -3 3 3 . 171. 534. 2055. -2 4 2 1 . 442. 1776. 222. 121. 156. 32. 231. 137. -1 4 1 . 117. 62* 51. 142. 166. 207. 208. 273. 397. 419. 374. 785. 1432. 1787. 3143. 2758. 938. 2899. 1526. 2400. 3721. 215. -3 9 3 . 6003. 14673. -2 1 2 8 . -5 8 5 0 . 202. -2302. 9566. 2962. -4 2 . -1097. 422 1* 11427. -3167. -7 3 73 . -6 4 5 . -3 4 8 3 . 7419. 423. 71. 114. 1245. 2188. -5 7 9 . -5 0 0 . -3 8 0 . -1 6 2 . 655. 587. 186. 590. 5 37 * 1058. 1618. 2023. 1227. 1343. 1492. 1952. PERCENTAGE CHANGE FROM PREVIOUS YEAR 1 i | I I 1 I I | 1 6 .6 3 .8 4 .6 4 .1 7 .9 12.8 -4 .9 6 .4 10.4 8 .0 8 .1 11.3 5 .6 9 .4 9.1 4 .4 6 .7 7 .4 5 .8 1 .0 -0 .1 2 .9 6 .7 15.8 -1 2 .0 6 .2 13.1 6 .3 -1 .4 -4 .1 2 .2 6 .6 24.0 -2 2 .8 5 .4 2 0.6 19.8 9 .0 10.6 2 .0 14.0 7 .3 -7 .0 6 .2 3 .1 1.2 3 .2 3 .7 4 .4 4 .2 5 .3 7 .4 7.2 6 .0 I 1 1 1 2 .8 2 .8 20.7 39.2 1 1.0 4 .7 8.2 9 .5 15.2 11.6 3 .5 10.6 5 .0 7 .5 10.9 1.1 -2 .0 31.8 59.0 -5 .4 -1 5 .6 0 .6 -7 .2 3 2.5 7 .6 -0 .4 -1 0 .6 45.5 84.7 -1 2 .7 -3 3 .9 -4 .5 -2 5 .3 72.3 2 .4 3 .4 5 .3 5 5.4 6 2.7 -1 0 .2 -9 .8 -8 .3 -3 .8 16.1 1 2.5 2 .8 8 .7 7 .3 13.4 18.1 19.2 9 .7 9 .7 9 .0 11.7 3 9.0 39.5 4 1.1 43.7 44.4 45.0 43.5 47.7 47.9 46.6 61.0 60.5 58.9 56.3 55.6 5 5.0 56.5 52.3 52.1 53.4 3 5.9 35.8 3 4.0 31.2 3 0.6 30.3 3 3.3 27.0 26.7 29.2 5 .2 5 .8 6 .1 6 .4 6 .3 6 .7 6 .3 6 .2 6 .2 5 .8 19.9 18.9 18.8 18.6 18.7 18.1 16.9 19.0 19.2 18.4 47.4 49.9 45.3 37.5 41.5 46.5 48.9 52.0 46.8 47.5 52.6 50.1 54.7 6 2 .3 58.5 53.5 51.1 48.0 53.2 52.5 28.3 24.6 29.7 39.4 34.0 24.4 22.1 16.7 24.1 22.6 5 .8 6 .0 7 .7 9 .0 8 .0 7 .8 6 .8 6 .6 6 .4 6 .6 18.4 19.5 17.3 14.1 16.5 21.3 22.2 24.7 22.7 23.2 l 1 ! 1 -7 .7 5 .3 -1 .2 ! 19.5 1 9.1 J ____________ PERCENTAGE OF T O T A L CASH FLOW 1 1 9 6 0 ...f 1 9 6 1 ...I 1 9 6 2 ...1 1 9 6 3 ...1 1 9 6 4 ...) 1 9 6 5 ...1 1 9 6 6 . ..j 1 9 6 7 ...| 1 9 6 8 ...1 1 9 6 9 ...t 100.0 1 00 .0 100.0 1 00 .0 100.0 1 00.0 1 00.0 100.0 100.0 1 00.0 3 3.3 34.1 35.4 37.9 40.6 3 9.0 39.4 42.0 43.0 42.0 66.7 65.9 64.6 62.1 59.4 6 1.0 6 0.6 53.0 57.0 58.0 45.2 4 4.5 4 3.1 4 0.4 36.6 3 9.5 39.6 35.8 34.2 36.1 4 .4 5 .0 5 .2 5 .6 5 .8 5 .8 5 .7 5 .5 5 .6 5 .2 17.0 16.3 16.2 16.1 17.1 15.7 15.3 16.8 17.2 16.6 1 9 7 0 ...| 1 9 7 1 ...| 1 9 7 2 ...1 1 9 7 3 . .. | 1 9 7 4 ...! 1 9 7 5 ...| 1 9 7 6 ...1 1 9 7 7 ...| 1 9 7 8 ...| 1 9 7 9 . . .| 1 00.0 100.0 100 .0 1 0 0 .0 100 .0 1 00 .0 100.0 1 0 0 .0 100.0 100 .0 43.0 43.7 40.7 33.1 38.8 39.7 45.3 45.0 41.0 40.9 57.0 56.3 59.3 66.9 61.2 60.3 54.7 55.0 59.0 59.1 35.0 34.0 3 6.8 4 6.5 38.3 3 5.4 27.9 27.9 3 3.4 3 3.4 5 .3 5 .2 6 .9 7 .9 7 .5 6 .7 6 .3 5 .7 5 .6 5 .7 16.7 17.1 15.6 12.5 15.5 18.2 20.6 2 1.4 19.9 20.0 ______ L 1 | ! 1 I 1 ! 1 1 1 1 1 f 1 1 00 .0 100 .0 ! loo.o 1 1 1 ! 1 00 .0 1 00.0 1 0 0 .0 1 0 0 .0 1 00 .0 100 .0 io o . o 1 I 1 1 1 0 0 .0 1 00.0 1 00 .0 1 00 .0 1 1 1 1 | 100.0 100.0 100.0 100.0 100.0 1 100.0 | 1 1 J_______ " T O T A L CASH FLOW" IS THE SUM OF THE CASH FLOW FROM FARMING RE C EI V EO BY FARM OWNERS AND OPERATORS ANO THE O F F - F A R M INCOME OF FARM OPERATORS AND T H E I R F A M I L I E S . SEE TA B L E 9 4 1 . 1 FOR OTHER D E F I N I T I O N S AND FOR D AT A ON FARM CASH FLOW PRIOR TO 1 9 6 0 . 98 S E C T IO N 952 CASH FLOW AND NET INCOME IN 1967 DOLLARS 1 1 1 CASH FLOW IN C LU D IN G U N R EA LI ZE D AND NONMONEY FARM INCOME YEAR 1 1 1 1 1 TOTAL I OFF-F ARM | 1 INCOME 1 I OF FARM! 1OPERATOR) TO TA L IFAMILIESI | CASH FLOW EX CL UDI N G U N R EA LI ZE D AND NONMONEY FARM INCOME FARM CASH FLOW C A P IT A L 1 LANDLORDS' OPERATORS' CONSUMPTION! NET RENTAL NET FARM ALLOWANCE*! ______INCOME____ INCOME ... 9 52.1 AMOUNTS T3 T Ac IN M IL L IO N S FARM CASH FLOW IO F F - F A R M ) 1 INCOME 1 | OF FARM) |OPERAT CR ) TOTAL OPERATORS' NET FARM LANDLORDS' NET RENTAL INCOME CAPITAL CONSUMPTION ALLOWANCES OF DOLLARS I I9 6 0 ...| 1 9 6 1 ...| 1 96 2 ...1 1 9 6 3 ...| 1 9 6 4 ...| 1 9 6 5 ...1 1 9 6 6 ...| 1 9 6 7 ...| 1 9 6 8 ...| 1 9 6 9 ...| 28705. 29971. 30866. 31744. 30879. 34522. 36264. 34497. 34536. 36010. 9563. 10227. 10932. 12017. 12526. 13468. 14282. 14495. 14843. 15128. 19142. 19744. 19935. 19726. 18353. 21054. 21983. 20002. 19694. 20882. 12985. 13345. 13316. 12835. 11294. 13650. 14362. 12339. 11825. 13017. 1267. 1502. 1619. 1770. 1781. 1996. 2081. 1882. 1918. 1877. 4890. 4897. 5000. 5121. 5278. 5408. 5539. 5781. 5950. 5987. I 1 I 1 1 1 I 1 I 1 24533. 25901. 26594. 27480. 28230. 29935. 32828. 30357. 31004. 32480. 9563. 10227. 10932. 12017. 12526. 13468. 14282. 14495. 14843. 15128. 14971. 15674. 15662. 15462. 1 57 0 4 . 16468. 18546. 15862. 16161. 17352. 8814. 9275. 9043. 8571. 8645. 9063. 10926. 8199. 8293. 9487. 1267. 1502. 1619. 1770. 1781. 1996. 2081. 1882. 1918. 1877. 4890. 4897. 5000. 5121. 5278. 5408. 5539. 5781. 5950. 5987. 1 9 7 0 ...| 1 9 7 1 ...I 1 97 2 ...1 1 9 7 3 ...| 1 9 7 4 ...| 1 9 7 5 ...| 1 9 7 6 ...| 1 9 7 7 ...| 1 9 7 8 ...| 1 9 7 9 ...| 34771. 35496. 40429. 53893. 46248. 42875. 39336. 39037. 42743. 42713. 14958. 15522. 16453. 17850. 17953. 17031. 17802. 17564. 17543. 17471. 19813. 19974. 23977. 36043. 28296. 25844. 21534. 21473. 25200. 25241. 12168. 12063. 14896. 25056. 17691. 15183. 10957. 10887. 14268. 14253. 1833. 1852. 2786. 4267. 3453. 2854. 2475. 2236. 2412. 2437. 5813. 6059. 6294. 6721. 7152. 7808. 8101. 8350. 8520. 8552. 1 1 I I 1 1 I 1 | 1 31525. 31082. 36306. 47564. 43289. 36617. 36438. 33802. 37522. 36782. 14958. 15522. 16453. 17850. 17953. 17031. 17802. 17564. 17543. 17471. 16567. 15560. 19854. 29715. 25337. 19586. 18636. 16238. 19979. 19310. 8921. 7649. 10773. 18727. 1 4 7 3 2. 8924. 8059. 5652. 9047. 8322. 1833. 1852. 2786. 4267. 3453. 2854. 2475. 2236. 2412. 2437. 5813. 6059. 6294. 6721. 7152. 7808. 8101. 8350. 8520. 8552. I I 9 52.2 1 | 1 9 6 1 .. . | 1 9 6 2 ...I 1 9 6 3 ...| 1 9 6 4 ... | 1 9 6 5 ...! 1 9 6 6 ...1 1 9 6 7 ...| 1 9 6 8 ...) 1 9 6 9 ...| 1 1 9 7 0 ...1 1 9 7 1 ...1 1 9 7 2 ...) 1 9 X 3 ...I 1 9 7 4 ...| 197 5 *..1 1 9 7 6 ...| 1 9 7 7 ...| 1 9 7 8 ...| 1 9 7 9 ...| CHANGE FROM PRE VIO US YEAR 1266. 895. 877. -8 6 4 . 3642. 1743. -1 7 6 7 . 39. 1474. 664. 705. 1086. 509. 941. 814. 213. 348. 286. 602. 190. -2 0 9 . -1 3 7 3 . 2701. 929. -1 9 8 1 . -3 0 8 . 1188. 360. -2 9 . -4 8 0 . -1 5 4 1 . 2356. 712. -2 0 2 3 . -5 1 4 . 1192. - 235. 117. 151. 12. 214. 86. -1 9 9 . 36. -4 1 . 8• 103. 121. 157. 131. 131. 242. 169. 37. -1 2 39 . 725. 4933. 13463. -7 6 4 4 . -3 3 7 3 . -3 5 3 9 . -2 9 9 . 3706. -3 0 . -1 7 1 . 564. 931. 1397. 103. -9 2 2 . 771. -2 3 8 . -2 1 . -7 2 . -1 0 6 8 . 161. 4002. 12066. -7 7 47 . -2 4 5 2 . -4 3 1 1 . -6 1 . 3727. 41. -8 5 0 . -1 0 4 . 2833. 10159. -7 3 6 4 . -2 5 08 . -4 2 26 . -7 1 . 3382. -1 5 . -4 4 . 18. 935. 1481. -8 1 4 . -5 9 9 . -3 7 9 . -2 3 9 . 176. 25. -1 7 5 . 247. 235. 426. 431. 656. 294. 249. 17 0 . 32. 952 .3 PERCENTAGE IN MILLIONS CF DOLLARS 1367. 693. 886. 751. 1705. 2893. -2 4 7 1 . 647. 1476.. 664. 705. 1086. 509. 941. 814. 213. 348. 286. 703. -1 2 . -2 0 0 . 242. 764. 2079. -2 6 8 4 . 299. 1190. 461. -2 3 2 . -4 7 2 . 73. 419. 1862. -2 7 2 7 . 94. 1195. 235. 117. 151. 12. 214. 86. -1 9 9 . 36. -4 1 . 8. 103. 121. 157. 131. 131. 242. 169. 37. -9 5 5 . -4 4 3 . 5225. 11258. -4 2 75 . -6 6 7 2 . -1 7 9 . -2 6 3 6 . 3719. -7 4 0 . -1 7 1 . 564. 931. 1397. 103. -9 2 2 . 771. -2 3 8 . -2 1 . -7 2 . -7 8 5 . -1007. 4294. 9861. -4 3 7 8 . -5 7 5 1 . -9 5 0 . -2 3 9 8 . 3740. -6 6 8 . -5 6 6 . -1 2 72 . 3125. 7954. -3 9 95 . -5 8 0 8 . -8 6 5 . -2 4 0 7 . 3395. -7 2 5 . -4 4 . 18. 935 * 1481. -8 1 4 . -5 9 9 . -3 7 9 . -2 3 9 . 176. 25. -1 7 5 . 247. 235. 426. 431. 656. 294. 249. 170. 32. L I CHANGE FROM PRE VIOUS YEAR i 1 9 6 1 ...1 1 9 6 2 ...| 1 9 6 3 ...I 1 9 6 4 ...| 1 9 6 5 ...| 1 9 6 6 ...I 1 9 6 7 ...| 1 9 6 8 ...1 1 96 9 ... | j 4 .4 3 .0 2 .8 -2 .7 11.8 5 .0 -4 .9 0 .1 4 .3 6 .9 6 .9 9 .9 4 .2 7 .5 6 .0 1 .5 2 .4 1 .9 3 .1 1 .0 -1 .0 -7 .0 14.7 4 .4 -9 .0 -1 .5 6 .0 2 .8 -0 .2 -3 .6 -1 2 .0 20.9 5 .2 -1 4 .1 -4 .2 10.1 18.5 7 .8 9 .3 0 .7 12.0 4 .3 -9 .6 1 .9 -2 .2 0 .2 2.1 2 .4 3 .1 2 .5 2 .4 4 .4 2 .9 0 .6 1 9 7 0 ...| 1 9 7 1 .. . | 1 9 7 2 ...I 1 9 7 3 ... | 1 9 7 4 ...| 1 9 7 5 ...| 1 9 7 6 ...I 1 9 7 7 ...| 1 9 7 8 ...I 1 9 7 9 ...| 1 -3 .4 2 .1 13.9 33.3 -1 4 .2 -7 .3 -8 .3 -0 .5 9 .5 -0 .1 -1 .1 3 .8 6 .0 8 .5 0 .6 -5 .1 4 .5 -1 .3 -0 .1 -Q .4 -5 .1 0 .8 2 0.0 50.3 -2 1 .5 ^8 .7 -1 6 .7 -0 .3 17.4 0 .2 -6 .5 -0 .9 23.5 68.2 -2 9 .4 -1 4 .2 -2 7 .8 -0 .6 31.1 -0 .1 -2 .3 1 .0 50. i 53.1 -1 9 .1 -1 7 .4 -1 3 .3 -9 .7 7 .9 1 .0 -2 .9 4 .2 3 .9 6 .8 6 .4 9 .2 3 .8 3.1 2 .0 0 .4 1 1 1 1 1 1 1 1 1 1 1 1 1 1 ) 1 1 1 1 1 1 5 .6 2 .7 3 .3 2 .7 6 .0 9 .7 -7 .5 2 .1 ^ •8 6 .9 6 .9 9 .9 4 .2 7 .5 6 .0 1.5 2 .4 1.9 4 .7 -0 .1 -1 .3 1 .6 4 .9 12.6 -1 4 .5 1 .9 7 .4 5 .2 -2 .5 -5 .2 0 .9 4 .8 20.5 -2 5 .0 1 .1 14.4 18.5 7 .8 9 .3 0 .7 12.0 4 .3 -9 .6 1 .9 -2 .2 0 .2 2.1 2 .4 3 .1 2 .5 2 .4 4 .4 2 .9 0 .6 -2 .9 -1 .4 16.8 3 1.0 -9 .0 -1 5 .4 -0 .5 -7 .2 11.0 -2 .0 -1 .1 3 .8 6 .0 8.5 0 .6 -5 .1 4 .5 -1 .3 -0 .1 -0 .4 -4 .5 -6 .1 27.6 49.7 -1 4 .7 -2 2 .7 -4 .8 -1 2 .9 23.0 -3 .3 -6 .0 -1 4 .3 40.9 73.8 -2 1 .3 -3 9 .4 -9 .7 -2 9 .9 60.1 —8 . 0 - -2 .3 1 .0 50.5 53.1 -1 9 .1 -1 7 .4 -1 3 .3 -9 .7 7 .9 1 .0 -2 .9 4 .2 3 .9 6 .8 6 .4 9 .2 3 .8 3 .1 2 .0 0 .4 » 1 1 1 I9 6 0 ...) 1 9 6 1 ...| 1 962 .-. • 1 1 9 6 3 ...1 1 9 6 4 ...) 1 9 6 5 ...1 1 9 6 6 ...I 1 9 6 7 ...| 1 96 8 ...| 1 9 6 9 ...I j 1 9 7 0 ...| 1 9 7 1 ...I 1 9 7 2 . . .| 1 9 7 3 ...| 1 9 7 4 ...I 1 9 7 5 ...| 1 9 7 6 ...I 1 9 7 7 ...| 1 9 7 8 ...I 1 9 7 9 ...| 952, *4 1 00 .0 1 00 .0 1 0 0 .0 1 00 .0 1 0 0 .0 100 .0 1 00 .0 1 00 .0 100 .0 33.3 34.1 35.4 37.9 40.6 3 9.0 39.4 42.0 43.0 42.0 66.7 65.9 6 4.6 62.1 5 9.4 „ 6 1.0 6 0.6 58.0 5 7.0 58.0 45.2 44.5 43.1 40.4 36.6 39.5 39.6 35.8 34.2 36.1 4 .4 5 .0 5 .2 5 .6 5 .8 5 .8 5 .7 5 .5 5 .6 5 .2 17.0 16.3 16.2 16.1 17.1 15.7 15.3 16.8 17.2 16.6 100 .0 1 00 .0 1 00 .0 1 00 .0 1 00 .0 1 00.0 1 00.0 1 00 .0 1 00 .0 1 00.0 43.0 4 3.7 40.7 33.1 38.8 3 9.7 4 5.3 45.0 41.0 40.9 57.0 56.3 59.3 6 6.9 61.2 60.3 54.7 55.0 59.0 59.1 35.0 34.0 36.8 46.5 38.3 35.4 27.9 27.9 33.4 3 3.4 5 .3 5 .2 6 .9 7 .9 7 .5 6 .7 6 .3 5 .7 5 .6 5 .7 16.7 17.1 15.6 12.5 15.5 18.2 2 0.6 21.4 19.9 20.0 roo.o _______L THE PERCENTAGE Of: TO TA L P R IC E D EF LAT OR USED IS 1 1 ) 1 1 1 1 1 1 1 l | 1 ) 1 1 1 1 1 1 1 I ____ 1__ THE ANNUAL AVERAGE OF THE BLS CONSUMER PRI CE CASH FLOW 100.0 100. 0 1 0 0 .0 . 1 00 .0 100 .0 100 .0 1 0 0 .0 100 .0 100.0 100 .0 39.0 3 9.5 41.1 4 3.7 4 4.4 4 5.0 43.5 47.7 47.9 46.6 6 1.0 60.5 58.9 56.3 £ 5.6 55.0 56.5 5 2.3 52.1 53.4 35.9 35.8 34.0 31.2 30.6 30.3 33.3 2 7.0 2 6.7 29.2 5 .2 5 .8 6 .1 6 .4 6 .3 6 .7 6 .3 6 .2 6 .2 5 .8 19.9 18.9 18.8 18.6 18.7 18.1 16.9 19.0 19.2 18.4 100.0 1 00 .0 100.0 1 00.0 1 0 0 .0 100 .0 100.0 100.0 100 .0 100.0 47.4 49.9 45.3 37.5 41.5 46.5 48.9 52.0 46.8 47.5 52.6 50.1 5 4.7 6 2.5 5 8.5 5 3.5 5 1.1 48.0 53.2 52.5 28.3 24.6 2 9.7 39.4 34.0 2 4.4 22.1 16.7 24.1 22.6 5 .8 6 .0 7 .7 9 .0 8 .0 7 .8 6 .8 6 .6 6 .4 6 .6 18.4 19.5 17.3 14.1 16.5 2 1.3 2 2.2 2 4.7 22.7 2 3.2 INDEX (F OR ALL ITEMS, AL L URBAN C ON SU ME R S) . " T O T A L CASH FLOW" I S TH E SUM OF THE CASH FLOW FROM FARMING R E C E IV E D BY FARM OWNERS AND OPERATORS AND THE OF F - F A R M INCOME OF FARM OPERATORS ANO T H E I R F A M I L I E S . SEE T A BL E 9 4 1 . 1 FOR OTHER D E F I N I T I O N S ANO T A BL E 9 4 2 . 1 FOR DATA ON FARM CASH FLOW PRIOR TO 1 9 6 0 . TABLE 1001. 1 CONSUMER PRICE INDEX; 99 FOR ALL I TEMS, ALL URBAN CONSUMERS INDEX, YEAR 1967=100 _ . ANNUAL JANUARY AVERAGE | PERCENTAGE CHANGE— 1 | DURING YEAR FROM PREVIOUS YEAR (BASED ON 1 ( JANUARY- T O1 JANUARYi ANNUAL AVERAGES) 1 1910... 1911... 1912... 1913... 1914... 1915... 1916... 1917... 1918... 1919... ***** ***** ***** 2 9. 4 3 0. 1 3 0. 3 31. 3 35. 0 4 1. 8 49. 5 28. 0 28.0 29.0 2 9. 7 3 0. 1 30.4 32.7 38.4 45. 1 5 1. 8 | | | | | j | | | | ***** ***** ***** 2.4 0. 7 3.3 ***** 1 1 .8 19. 4 18. 4 16. 8 7.6 17. 4 17. 4 14. 9 1920... 1921... 1922... 1923... 1924... 1925... 1926... 1927... 1928... 1929... 57. 8 57. 0 5 0. 7 50. 3 51. 7 51. 8 53. 7 52. 5 51. 7 51. 2 6 0. 0 5 3. 6 50.2 51. 1 51. 2 52. 5 5 3. 0 52. 0 51. 3 51. 3 | | 1 | | | | | | I -1.4 -11.1 -0.8 15. 8 -10.7 -6.3 0 .0 0 .0 1930... 1931... 1932. . . 1933... 1934... 1935... 1936... 1937... 1938... 1939... 51. 2 47. 6 42. 8 38. 6 39. 6 4 0. 8 41.4 42. 2 42.6 41. 8 50. 0 45.6 40.9 38.8 40.1 41. 1 41.5 43.0 4 2. 2 4 1. 6 -7.0 -10.1 -9.8 -2.5 -8.8 -10.3 -5.1 3.4 2.5 1940... 1941... 1942... 1943... 1944... 1945... 1946... 1947... 1948... 1949... 41. 7 42. 2 46.9 5 0. 6 52. 1 53. 3 54. 5 64. 4 71. 0 7 2. 0 42.0 44. 1 48.8 51. 8 52. 7 53.9 5 8. 5 66.9 7 2. 1 71.4 | | | | | | 1 1 i | | | | | | | | | | | | 1950... 1951... 1952... 1953... 1954... 1955... 1956... 1957... 1958... 1959... 70. 5 76. 1 79. 3 79. 8 8 0. 7 80. 1 80. 3 8 2. 8 85. 7 72. 1 77.8 79. 5 8 0. 1 80.5 80.2 81.4 84. 3 7.9 4. 2 7.9 0 .6 1 .1 2 .2 0 .8 -0.7 0.5 -0.4 1. 5 3.6 2. 7 8 6 .8 87. 3 | | | | | 1 1 | | | 1960... 1961... 1962... 1963... 1964... 1965... 1966... 1967... 1968... 1969... 8 7. 9 89. 3 8 9. 9 91. 1 92*6 93. 6 9 5. 4 98. 6 88. 7 89.6 90.6 9 1. 7 92. 9 94.5 97.2 8 6 .6 1 1 1 \ 0 .0 3.6 2.4 1. 3 1 .0 2 .8 0 .2 1 .8 0 .2 3.7 -2.2 -1.5 -1.0 2.5 2 .6 3.0 1. 5 1. 9 0. 9 -1.9 -0.2 1 .2 1 1 .1 7. 9 3. 0 2.3 2. 3 18. 2 1 0 .2 1.4 -2.1 0 .2 3. 1 3.5 1. 3 1. 3 1 .6 0. 7 1. 3 1 .0 -1.9 -1.3 1 .0 3.6 -1.9 -1.4 1 .0 5. 0 10. 7 6 .1 1. 7 2.3 8. 5 14. 4 7.8 -1.0 1 .0 0 .8 1 .6 1 .0 1 .1 1 .2 106. 7 104. 2 109. 8 | 1 | | | | ] 1 | 1970... 1971... 1972... 1973... 1974... 1975... 1976... 1977... 1978... 1979... 113. 3 119. 2 123. 2 127. 7 139. 7 156. 1 166. 7 175. 3 187. 2 204. 7 116. 3 121. 3 125. 3 133. 1 147. 7 161. 2 170. 5 181. 5 195. 4 2 17. 5 I | | | | | | | | | 5. 2 3.4 3.7 9.4 11. 7 9.3 13. 3 9. 1 5. 8 6.5 7.7 11. 3 1980... 232. 0 ***** | ***** ***** 1 0 2 .0 1 0 0 .0 1 1 1 1 .6 1 .1 1. 9 3.4 3.4 4.6 6 .2 6 .8 5. 2 6 .8 1. 3 1. 7 2. 9 2.9 4.2 5.4 5.9 4.3 3.3 6 .2 1 1 .0