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AGRICULTURAL FINANCE DATABOOK________________ September 1976 Annual Series Emanuel Melichar Marian Sayre Division o f Research and Statistics Board o f Governors o f the Federal Reserve System Washington, D.C. 20551 Not for general distribution. Inquiries should be addressed to the authors. AGRICULTURAL FINANCE DATABOOK— ANNUAL SERIES SEC TIO N SEPTEMBER 1976 PAGE 100 OUTSTANDING FARM D E B T ..................... ............................................................................. ............... 2 200 FARM LEND IN G O PERATIO N S AND E X P E R IE N C E OF NONBANK I N S T IT U T IO N S . . .............2 5 300 A G RICULTURAL BANKING DATA ( S E E 400 IN T E R E S T 500 BALANCE SH EET AND A S S E T S OF THE FARMING SEC TO R........................................ 38 600 FARM REA L 63 700 FARM B U S IN E S S 800 C A P IT A L E X P E N D IT U R E S , 900 INCOM E, "Q UA RTERLY S E R I E S " VOLUME) RATES ON FARM D E B T ................................. 35 ESTATE MARKET D EVELO PM EN TS.............................................. SECTOR OF THE FLOW OF FUNDS ACCOUNTS............................................ .7 9 EXPEN SES, CONSUMPTION, AND NET IN V EST M EN T ....................................... 85 AND CASH FLOW........................................................................................104 THE A G R IC U LT U R A L FIN A N C E DATABOOK I S M AINTAIN ED BY THE AUTHORS FOR T H E IR U SE IN A N A L Y S IS OF CURRENT DEVELOPM ENTS IN AGRICULTURA L F IN A N C E . IT PR O V ID ES A CONVENIENT C O M PILATIO N OF THE MAJOR F IN A N C IA L S E R IE S AND ACCOUNTS AND PR E SE N T S MANY A N A LYT IC A L RA T IO S AND OTHER TRANSFORMATIONS OF T H ESE DATA. THESE M EASURES ARE THUS ALWAYS AT HAND TO PR O V ID E H IS T O R IC A L P E R S P E C T IV E AND ANA LYTIC A L IN SIG H T U SE F U L IN IN T E R P R E T IN G CURRENT DATA AND E V E N T S . THE DATABOOK I S D ESIG N ED FOR ECONOMISTS F A M IL IA R W ITH THE S E R IE S SHOWN; OTHERS SHOULD CONSULT THE SOURCE DOCUMENTS AND OTHER L IT ER A T U R E G IV IN G T H E IR D E F IN IT IO N S , U S E S , AND L IM IT A T IO N S . TWO VOLUMES OF THE A G RICU LTU RA L FIN A N C E DATABOOK ARE PR IN T ED ANNUALLY FOR D IS T R IB U T IO N TO RESEARCH WORKERS IN AGRICULTURAL F IN A N C E . THE "ANNUAL S E R I E S " VOLUME I S ASSEM BLED IN S E P T E M B E R , AFTER P U B L IC A T IO N OF THE U SD A f S FARM INCOME S T A T IS T IC S a n d BALANCE S H E E T,Q F. TH E .E A EM IN G . SEC TO R. THE "Q U A RT ERLY S E R IE S VOLUME I S CO M PILED IN MAY, AFTER THE PR E V IO U S Y E A R •S DATA ARE A V A IL A B L E FOR ALL MAJOR LEND IN G IN S T IT U T IO N S . BASIC SOURCE DOCUMENTS ARE IN D IC A T ED W IT H IN . FOR SEVERAL SECTIONS, ORI G IN A T IN G A G E N C IE S PRO VIDED MORE D E T A IL , AND T H E IR COOPERATION I S MUCH A P P R E C I A TED . THE AUTHORS WELCOME SU G G EST IO N S AND CO RRECTIO NS FROM R EA D E R S . I I I S E E PAGE 140 FOR A L I S T OF THE NEW FEA TU R ES IN T H IS E D IT IO N I I________________________________________________________________________ I 1 AGRICULTURAL FINANCE DATABOOK— ANNUAL SERIES 100 SEPTEMBER 1976 OUTSTANDING FARM DEBT 110 TOTAL DEBT 111 JANUARY 1 1 1 .1 1 1 1 .2 1 1 1 .3 1 1 1 .4 1 1 1 .5 1, 1940-DATE A M O U N T S .................................................................................................................................... 3 CHANGE DURING Y E A R ................................................................ 4 PERCENTAGE CHANGE DURING Y E A R .....................................................................................5 PERCENTAGE D IS T R IB U T IO N * IN C LU D IN G CCC LO A N S..................................................6 PERCENTAGE D IS T R IB U T IO N , EXCLUD IN G CCC LOANS.................................................. 7 120 REAL EST A T E DEBT 121 JANUARY 1 2 1 .1 1 2 1 .2 1 2 1 .3 1 2 1 .4 1 2 1 .5 1 2 1 .6 130 1* 1910-DATE (E X C E P T AS NOTED) AMOUNTS.......................................................................................................................................8 CHANGE DURING Y E A R ......................................... .............................................................. .1 0 PERCENTAGE CHANGE DURING Y E A R ............................................................ 12 PERCENTAGE D IS T R IB U T IO N ............................ ............................................... ................14 PERCENTAGE OF TOTAL DEBT IN C LU D IN G CCC LOANS* 1940-DATE....................... 16 PERCENTAGE OF TOTAL DEBT EXCLU D IN G CCC tO A N S T 1 9 4 0 - D A T E ........... . . . . . 1 7 NO N -REA L-ESTA TE DEBT 131 JANUARY 1 , 1 3 1 .1 1 3 1 .2 1 3 1 .3 1 3 1 .4 1 3 1 .5 1 3 1 .6 1 3 1 .7 SOURCE: 1940-DATE AM O UNTS.. ................................................................................................................................ 18 CHANGE DURING Y E A R . . . . ............................... ............... .. ............................................. 19 PERCENTAGE CHANGE DURING Y E A R ....................................................................... . . . . . 2 0 PERCENTAGE D IS T R IB U T IO N , IN C LU D IN G CCCL O A N S . . . . . . . . . . . . . . . ................ 21 PERCENTAGE D IS T R IB U T IO N , EXCLUD IN G CCCL O A N S . . . . . . . . . . ............................22 PERC ENTA GE OF TOTAL DEBT IN C LU D IN G CCC L O A N S .............................................. 23 PERCENTAGE OF TOTAL DEBT EXCLUD IN G CCC LO ANS.............................................. 24 A G RIC U LT U RA L FIN A N C E S T A T IS T I C S . IN P U T S AND FIN A N C E IN THE FOOD AND F IB E R SE C T O R , NATIONAL ECONOMIC A N A L Y S IS D IV IS I O N , ECONOMIC RESEARCH S E R V IC E , U . S . DEPARTMENT OF A G R IC U L T U R E . TABLE 111.1 OUTSTANDING FARM DEBT t JANUARY ]L AMOUNTS IN MILLIONS OF DOLLARS YEAR I 1 1 1 1 DEBT IN C LU D IN G CCC LOANS TOTAL CCC LOANS 1 1 1 1 1 DEBT EXCLUD IN G CCC LOANS TOTAL BANKS L IF E C O O PERA TIVE FARM INSURANCE C R ED IT COMPANIES FARMERS HOME A D M IN IS - IN D IV ID U A L S AND OTHERS SYSTEM_______________ IRAI1PM. 1 9 4 0 .......... 1941.......... 1942.......... 1 94 3 .......... 1944.......... 1 I 1 1 1 i 1 00 36 . 10470. 10469. 9901. 8 873. 445. 629. 610. 773. 589. I I 1 I 1 9590. 9841. 9859. 9129. 8284. 1 43 4. 1527. 1608. 1401. 1384. 3001. 291 9. 2795. 2520. 2 12 3. 984. 1016. 1 06 3. 1043. 987. 450. 5 27 . 602. 686. 695. 3 72 1. 3852. 3790. 3479. 3094. 1945.......... 1946.......... 1947.......... 1948.......... 1949.......... 1 I 1 I 1 i 8 34 3. 7906. 8 413. 9238. 1 13 70 . 683. 2 77 . 65. 84. 1 15 2. 1 1 1 I 1 7660. 7629. 8 34 8. 9155. 10219. 1398. 1541. 1972. 2433. 2843. 1 78 1. 1543. 138 7. 1324. 1369. 938. 891. 889. 960. 1 03 6. 648. 597. 592. 5 68 . 539. 2895. 3056. 3 50 8. 3 86 9. 4431. 1 I 1 1 1 I 1 1955.......... 1 1 95 6 .......... 1 1 95 7 ......... ,1 1958.......... 1 1959..........,1 1 I 1960......... 1 1961......... ,1 1962..........►1 1 963......... , 1 1 964......... .1 ■ 1 1965......... , | 1 96 6 ......... . I 1967......... .1 1 9 6 8 . . . . , ►1 1 9 6 9 . . . . , >1 1 1 9 7 0 . . . . , .1 1 9 7 1 . . . . , ►j 1 9 7 2 . . . . , ►I 1 9 7 3 . . . . , >\ 1 9 7 4 ....,. I 1 2454. 13050. 1 46 44 . 161 00 . 169 33 . 1721. 812. 588 . 1 18 4. 2 39 0. 1 1 1 1 1 10733. 12239. 14056. 14916. 145 43 . 2 981. 3 51 0. 4138. 4264. 3 85 5. 1 40 3. 1 504. 1666. 1 77 7. 1792. 1172. 1353. 1542. 1716. 1 89 3. 548. 586. 595. 668. 728. 4628. 5 28 6. 6116. 6 49 0. 6276. 17661. 1 8793. 19344. 2 0 4 11 . 23650. 2219. 1870. 1563. 1 21 5. 2473. f 1 1 I 1 15442. 16922. 17781. 19196. 21176. 4095. 4584. 4578. 4921. 5 568. 1915. 2187. 2482. 2850. 3264. 2052. 2 27 2. 2 477. 2579. 2661. 795. 818. 894. 976. 1014. 6 58 4. 7062. 7352. 7870. 8669. 24775. 2 61 79 . 2 84 66 . 31387. 34387. 1 165. 1 39 0. 1 86 6. 2055. 1 926. 1 I 1 1 1 23610. 247 90 . 266 00 . 2 93 32 . 32461. 6342. 6583. 6957. 7850. 8 78 9. 3786. 4107. 4542. 4973. 5 51 3. 2 82 0. 2975. 3 16 2. 3 39 1. 3 781. 1074. 1 14 2. 1 44 4. 1614. 1 76 5. 9588. 9 98 2. 104 95 . 11504. 12613. 3 68 04 . 40658. 44027. 47397. 5 0 4 55 . 1543. 1408. 1157. 1 42 0. 2671. \ 1 1 | 1 35260. 3 92 49 . 42871. 4 5 9 76 . 47785. 9 40 7. 1 02 84 . 1 13 03 . 1 2332. 1 3053. 6089. 6959. 8 08 7. 9258. 10087. 4288. 4802. 5 21 4. 5 54 0. 5764. 1929. 2 21 4. 2401. 2642. 2876. 1 35 48 . 14990. 1 58 66 . 16205. 1 6 0 05 . 5 30 26 . 544 84 . 5 9 1 14 . 65345. 74137. 2676. 1 87 6. 2262. 1793. 750. I | I f 1 50350. 5 26 08 . 5 68 52 . 6 35 52 . 73387. 13875. 14874. 16717. 1 91 07 . 2 26 25 . 11384. 12660. 14195. 15909. 1 90 62 . 5734. 5610. 55 6 4 . 5 64 3. 596 5. 3065. 3235. 3389. 3616. 3891. 1 62 93 . 1 62 28 . 169 87 . 1 92 77 . 21845. 81833. 90832. 319. 358. 1 f 8 1 5 14 . 9 04 74 . 2 4 2 04 . 26456. 23296. 27073. 6297. 6 72 6. 4259. 5141. 23458. 25078. 1 950.......... 1951.......... 195 2 .......... 1 953.......... 1 954.......... i 1 1 9 7 5 .... . 1 1 9 7 6 .... . I j ______________ 3 TABLE 1 H . 2 OUTSTANDING FARM DEBT CHANGE DURING YEAR IN MILLIONS OF DOLLARS DEBT IN C LU D IN G CCC LOANS 1 1 1 i i TOTAL CCC LOANS 1 9 4 0 ..... 1 94 1 .......... 1 94 2 .......... 1 943.......... 1 9 4 4 .......... 1 1 I 1 1 435. -1. —568• -1028. -530. 184 . -19. 163. -183. 94. 1 945.......... 1 946.......... 1947.......... 1 948.......... 1 949.......... 1 1 1 I 1 -437. 507. 825. 2132. 1084. -406. -212. 19. 1068. 569. 1950.......... 1951.......... 1952.......... 1953.......... 195 4 .......... I 1 I 1 1 596. 159 4. 1456. 834. 728. -910. -223. 5 96 . 1 206. -171. 1955.......... 195 6 .......... 1957.......... 1958.......... 1959.......... 1 1 1 I 1 1132. 551. 1067. 3238. 1 12 6. -349. -308. -348. 1259. -1308. 1960.......... 1961.......... 1962.......... 1963.......... 1964.......... 1 I 1 1 I 1 404. 228 7. 2921. 2999. 2417. 225. 476. 189. -129. -383. 1 96 5 .......... 1 966.......... 196 7 .......... 1 96 8 .......... 1969.......... 1 1 f | 1 3854. 3370. 3 36 9. 3059. 2 57 1. -135. -252. 263. 1 25 1. 5. 1970.......... 1 97 1 .......... 1972.......... 1 973.......... 1 9 7 4 .......... I 1 I 1 I 1 45 8. 4630. 6231. 8792. 7695. -800. 386. -469. -1 0 4 3 . -432. 1 975.......... | 9000. 39. YEAR 1 1 1 1 1 DEBT EXCLUD IN G CCC LOANS TOTAL BANKS C O O PERA TIVE L IF E FARM IN SURANCE C R ED IT COMPANIES FARMERS HOME A D M IN IS - IN D IV ID U A L S AND OTHERS SYSTEM________________ IBATIPN 1 1 1 1 1 l 1 1 I 1 1 1 I 1 1 I 1 1 V 1 I 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 t1 1 1 1 1 1 i 1 i __ i__ 251. 18. -730. -845. -623. 93. 81. -207. -17. 14. -82. -124. -275. -396. -343. 32. 47. -20. -56. -48. 76. 76. 84. 9. -47. 131 . -61. -312. -384. -199. -32. 719. 807. 1 064. 514. 1 43 . 431. 461. 410. 137. -238. -156. -63. 45. 34. -47. -3. 71. 77. 136. -51. -5. -24. -29. 9. 1 61 . 452. 361. 561. 198 . 1 506. 1 81 7. 860. -372. 898. 530. 627. 127. -410. 241. 101. 162. 111. 15. 1 23 . 180. 189. 1 74 . 177. 159. 38. 8. 73. 60. 67. 657. 830. 375. -214. 308. 1 481. 859. 1415. 1980. 2434. 489. -6. 343. 6 47. 774. 272. 2 95 . 369. 413. 522. 22-0. 2 05 . 102. 82. 158. 23. 75. 83. 37. 60. 478. 290. 518. 799. 919. 1 179. 1 81 0. 2732. 3128. 2 80 0. 241. 373. 893. 939. 618. 321. 435. 431. 540 . 576. 1 55 . 187. 229. 389. 5 07 . 69. 302. 170. 151. 164. 394. 513. 1 00 9. 1 109. 935. 3989. 3621. 3106. 1 80 8. 2566. 878. 1019. 1029. 721. 822. 870. 1128. 1170. 830. 1 297. 514. 412. 326. 2 24 . -30. 286. 186. 242. 234. 1 89 . 1 442. 876. 339. -200. 288. 2257. 4 24 4. 6700. 9835. 8127. 999. 1843. 2390. 3 51 8. 1579. 1 27 6. 1534. 1 71 4. 3153. 4234. -124. -46. 79. 3 22 . 333. 1 70 . 154. 227. 275. 369. -65. 7 59 . 2290. 256 8. 1613. 8 96 0. 2252. 3778. 429. 882. 1621. TABLE 111.3 OUTSTANDING FARM DEBT PERCENTAGE CHANGE DURING YEAR YEAR 1 1 1 1 1 DEBT IN C LU D IN G CCC LOANS f ! 1 TOTAL CCC LOANS 1 ! DEBT EXCLUDING CCC LOANS ... ..... TOTAL BANKS C O O PERA TIVE FARM C RED IT L IF E INSURANCE COMPANIES IN D IV ID U A L S AND OTHERS 1XSIEM______ ________ IRAI1QM. 1940.......... 1 941.......... 1942.......... 194 3 .......... 194 4 .......... 4 .3 • 0 .0 • 5 .4 • 1 0 .4 • 6 .0 4 1 .4 • 3 .1 2 6 .6 - 2 3 .7 1 5 .9 1945.......... 1946.......... 1 9 4 7 .......... 194 8 .......... 1 94 9 .......... - 5 .2 6 .4 9 .8 2 3 .1 9 .5 - 5 9 .4 - 7 6 .6 2 8 .8 1 2 7 8 .6 4 9 .4 1 95 0 .......... 1 95 1 .......... 1952.......... 1953.......... 1954.......... 4 .8 12.2 9 .9 5 .2 4 .3 - 5 2 .8 • 2 7 .5 1 0 1 .3 1 0 1 .9 - 7 .1 1 955.......... 1 9 5 6 .......... 1 9 5 7 ..... 1 9 5 8 ..... 1959.......... 6 .4 2 .9 5 .5 1 5.9 4 .8 - 1 5 .7 - 1 6 .4 - 2 2 .3 1 0 3 .6 - 5 2 .9 1960.......... 1 961.......... 1962.......... 1963.......... 1 964.......... 5 .7 8 .7 1 0.3 9 .6 7 .0 1 9 .3 3 4 .2 1 0 .1 - 6 .3 - 1 9 .9 1965.......... 1966.......... 1 967.......... 1 968.......... 1969.......... 1 0 .5 8 .3 7 .7 6 .5 5 .1 - 8 .7 - 1 7 .9 2 2 .8 8 8 .1 0 .2 1970. . . . . 1 9 7 1 .......... 1972.......... 1 97 3 .......... 1974.......... 2 .7 8 .5 1 0 .5 1 3 .5 1 0 .4 - 2 9 .9 2 0 .6 - 2 0 .7 - 5 8 .2 - 5 7 .6 1975.......... 11.0 1 2 .3 ! I I I ! ii 1 1 1 1 1 ii 1 1 1 f 1 § f » 1 1 1 1 s 1 1 1 1 I 1 1 I 1 1 1 1 t 1 I ! 1 1 I 1 i 2 .6 0 .2 - 7 .4 • 9 .3 • 7 .5 6. 5 5 .3 - 1 2 .9 • 1 .2 1.0 - 2 .7 - 4 .3 - 9 .8 • 1 5 .7 - 1 6 .1 3 .3 4 .6 • 1 .9 - 5 .4 - 4 .9 1 6 .9 1 4 .4 1 3 .9 1 .3 - 6 .8 3 .5 - 1 .6 - 8 .2 - 1 1 .1 - 6 .4 - 0 .4 9 .4 9 .7 1 1 .6 5 .0 1 0.2 2 8 .0 2 3 .4 1 6.8 4 .8 - 1 3 .4 - 1 0 .1 - 4 .6 3 .4 2 .5 - 5 .0 - 0 .3 8 .0 8 .0 13.1 - 7 .8 - 0 .9 - 4 .0 - 5 .1 1 .7 5 .6 1 4 .8 1 0 .3 1 4 .5 4 .5 1 4 .0 1 4 .8 6 .1 - 2 .5 6 .2 1 7.8 1 7 .9 3 .1 • 9 .6 6 .2 7 .2 1 0 .8 6 .7 0 .8 6 .8 1 5 .4 1 4 .0 1 1 .3 1 0 .3 8 .4 6 .9 1 .4 1 2 .3 9 .0 9 .3 1 4.2 1 5 .7 6 .1 - 3 .3 4 .9 9 .6 5 .1 8 .0 1 0 .3 1 1 .5 1 1 .9 - 0 .1 7 .5 1 3 .2 13.9 1 4 .2 1 3 .5 1 4 .9 1 4 .5 1 6 .0 1 0 .7 9 .0 4 .1 3 .2 5 .9 2 .9 9 .2 9 .3 3 .8 5 .9 7 .3 4 .1 7 .1 1 0 .2 1 0 .6 5 .0 7 .3 1 0 .3 1 0 .7 8 .6 3 .8 5 .7 1 2 .8 1 2 .0 7 .0 8 .5 1 0 .6 9 .5 1 0 .9 1 0 .4 5 .5 6 .3 7 .3 11 .5 1 3 .4 6 .4 2 6 .4 1 1 .7 9 .4 9 .3 4 .1 5 .1 9 .6 9 .6 7 .4 1 1 .3 9 .2 7 .2 3 .9 5 .4 9 .3 9 .9 9 .1 5 .8 6 .3 1 4 .3 1 6 .2 1 4 .5 9 .0 1 2 .9 1 2 .0 8 .6 6 .3 4 .0 - 0 .5 1 4 .8 8 .4 1 0 .1 8 .9 6 .6 10.6 5 .8 2 .1 - 1 .2 1 .8 4 .5 8 .1 1 1 .8 1 5 .5 11.1 7 .2 1 2 .4 1 4 .3 1 8 .4 7 .0 1 1 .2 1 2 .1 1 2 .1 1 9 .8 2 2 .2 - 2 .2 - 0 .8 1 .4 5 .7 5 .6 5 .6 4 .8 6 .7 7 .6 9 .5 - 0 .4 4 .7 13.5 1 3 .3 7 .4 1 1 .0 9 .3 1 6 .2 6 .8 2 0 .7 6 .9 l FARMERS HOME ADM INTS- 1 5 TABLE 111.A OUTSTANDING FARM D E B T , JAN UARY 1 PERCENTAGE OF TOTAL (IN C L U D IN G CCC LOANS) YEAR 1 1 1 » 1 DEBT IN C LU D IN G CCC LOANS . _ CCC TOTAL LOANS J_______________ 1 1 940......... I 1 9 4 1 . . . . , .1 1 942......... I 194 3 ......... 1 1 944......... 1 1 1945......... I 1946......... I 1 947......... I 1 948......... 1 1949......... I 1 1 195 0 ......... 1 1 9 5 1 ......... ,1 1 95 2 ......... I 1 953......... ►1 1 95 4 ......... . \ 1 1 1 95 5 ......... >| 1956......... ►1 1957......... J 195 8 ......... ,1 195 9 ..........>| 1 1 196 0 ......... >| 1 9 6 1 ......... ,1 1 96 2 ......... ►1 1963......... ,| 1964......... ,| 1 1965......... , 1 1966......... ,1 1 96 7 ......... >| 1968......... . I 1 969......... .1 1 1 1970......... , I 1 97 1 ......... ,| 1972......... .1 1 973......... . I 1 974......... ,1 1 1 9 7 5 ....,. | 1976......... >1 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 4 .4 6 .0 5 .8 7 .8 6 .6 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 8 .2 3 .5 0 .8 0 .9 1 0 .1 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 3 .8 6 .2 4 .0 7 .4 14.1 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 2 .6 1 0 .0 8 .1 6 .0 1 0 .5 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 4 .7 5 .3 6 .6 6 .5 5 .6 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 4 .2 3 .5 2 .6 3 .0 5 .3 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 5 .0 3 .4 3 .8 2 .7 1 .0 1 0 0 .0 1 0 0 .0 0 .4 0 .4 J_________ 1 1 1 1 TOTAL I | 1 9 5 .6 I 9 4 .0 1 9 4 .2 1 9 2 .2 1 9 3 .4 1 1 I 9 1 .8 1 9 6 .5 1 9 9 .2 1 9 9 .1 1 8 9 .9 1 1 1 8 6 .2 1 9 3 .8 1 9 6 .0 1 9 2 .6 1 3 5 .9 1 l 1 8 7 .4 1 9 0 .0 1 9 1 .9 1 9 4 .0 1 8 9 .5 1 1 l 9 5 .3 1 9 4 .7 1 9 3 .4 1 9 3 .5 1 9 4 .4 1 1 1 9 5 .8 1 9 6 .5 1 9 7 .4 I 9 7 .0 1 9 4 .7 1 1 1 9 5 .0 1 9 6 .6 1 9 6 .2 1 9 7 .3 1 9 9 .0 1 1 1 9 9 .6 1 9 9 .6 1 __ L_ DEBT EXCLUD ING CCC LOANS BANKS C O O PERA TIVE L IF E FARM INSURANCE C RED IT COMPANIES _ SYSTEM FARMERS HOME A D M IN IS TRATION IN D IV ID U A L S AND OTHERS 1 4 .3 1 4 .6 1 5 .4 1 4 .1 1 5 .6 2 9 .9 2 7 .9 2 6 .7 2 5 .4 2 3 .9 9 .8 9 .7 1 0 .2 1 0 .5 1 1 .1 4 .5 5 .0 5 .8 6 .9 7 .8 3 7 .1 3 6 .8 3 6 .2 3 5 .1 3 4 .9 1 6 .8 1 9 .5 2 3 .4 2 6 .3 2 5 .0 2 1 .3 1 9 .5 1 6 .5 1 4 .3 1 2 .0 1 1 .2 1 1 .3 1 0 .6 1 0 .4 9 .1 7 .8 7 .6 7 .0 6 .2 4 .7 3 4 .7 3 8 .7 4 1 .7 4 1 .9 3 9 .0 2 3 .9 2 6 .9 2 8 .3 2 6 .5 2 2 .8 1 1 .3 1 1 .5 1 1 .4 1 1 .0 1 0 .6 9 .4 1 0 .4 1 0 .5 1 0 .7 1 1 .2 4 .4 4 .5 4 .1 4 .1 4 .3 3 7 .2 4 0 .5 4 1 .8 4 0 .3 3 7 .1 2 3 .2 2 4 .4 2 3 .7 2 4 .1 2 3 .5 IQ .8 1 1 .6 1 2 .8 1 4 .0 1 3 .8 1 1 .6 1 2.1 1 2 .8 1 2 .6 1 1 .3 4 .5 4 .4 4 .6 4 .8 4 .3 3 7 .3 3 7 .6 3 8 .0 3 8 .6 3 6 .7 2 5 .6 2 5 .1 2 4 .4 2 5 .0 2 5 .6 L 5 .3 1 5 .7 1 6 .0 1 5 .8 1 6 .0 1 1 .4 1 1 .4 1 1 .1 1 0 .8 1 1 .0 4 .3 4 .4 5 .1 5 .1 5 .1 3 8 .7 3 8 .1 3 6 .9 3 6 .7 3 6 .7 2 5 .6 2 5 .3 2 5 .7 2 6 .0 2 5 .9 1 6 .5 1 7 .1 1 8 .4 1 9 .5 2 0 .0 1 1 .7 11 .8 1 1 .8 1 1 .7 1 1 .4 5 .2 5 .4 5 .5 5 .6 5 .7 3 6 .8 3 6 .9 3 6 .0 3 4 .2 3 1 .7 2 6 .2 2 7 .3 2 8 .3 2 9 .2 3 0 .5 2 1 .5 2 3 .2 2 4 .0 2 4 .3 2 5 .7 1 0 .8 1 0 .3 9 .4 8 .6 8 .0 5 .8 5 .9 5 .7 5 .5 5 .2 3 0 .7 2 9 .8 2 8 .7 2 9 .5 2 9 .5 2 9 .6 2 9 .1 2 8 .5 2 9 .8 7 .7 7 .4 5 .2 5 .7 2 8 .7 2 7 .6 TABLE 111.5 OUTSTANDING FARM DEBT EXCLU D IN G CCC LOANS, JANUARY PERCENTAGE OF TOTAL (EX C LU D IN G CCC LOANS) 1 1 1 J 1 1940.......... I 1941.......... I 1942.......... 1 1 943.......... 1 1 9 4 4 ......... 1 1 1 YEAR C O O PERA TIVE L IF E FARM INSURANCE C R ED IT COMPANIES SYSTEM FARMERS HOME A D M IN IS TRATION 1 IN D IV ID U A L S AND OTHERS TOTAL BANKS 1 0 0 .0 1 0 0 .0 100 .0 1 0 0 .0 1 0 0 .0 1 5 .0 1 5 .5 1 6 .3 1 5 .3 1 6 .7 3 1 .3 2 9 .7 2 8 .3 2 7 .6 2 5 .6 1 0.3 1 0 .3 1 0 .8 1 1 .4 1 1 .9 4 .7 5 .4 6 .1 7 .5 8 .4 3 8 .8 3 9 .1 3 8 .4 3 8 .1 3 7 .4 1 1 1 I 1 I1 195 0 ......... 1 1951.......... 1 1 95 2 ......... 1 1 953.......... 1954......... >1 1 1 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 8 .3 2 0 .2 2 3 .6 2 6 .6 2 7 .8 2 3 .2 2 0 .2 1 6 .6 1 4 .5 1 3 .4 12.2 1 1 .7 1 0 .6 1 0 .5 10. 1 8 .5 7 .8 7 .1 6 .2 5 .3 3 7 .8 4 0 .1 4 2 .0 4 2 .3 4 3 .4 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 00 .0 1 0 0 .0 2 7 .8 2 8 .7 2 9 .4 2 8 .6 2 6 .5 1 3 .1 1 2 .3 1 1 .9 1 1 .9 1 2 .3 1 0.9 1 1.1 1 1 .0 1 1 .5 1 3 .0 5 .1 4 .8 4 .2 4 .5 5 .0 4 3 .1 4 3 .2 4 3 .5 4 3 .5 4 3 .2 1 95 5 ......... ,| 195 6 ......... , [ 1 95 7 ......... , I 195 8 ......... >| 1 959......... , 1 1 1 1 9 6 0 ......... ►I 1 961......... . 1 1 962......... , I 1 963......... »1 1 9 6 4 ......... ►1 1 1 1 965......... . I 1 96 6 ......... . I 1 9 6 7 . . . . . »| 1 968......... >| 1 9 6 9 ...... 1 1 1 1 9 7 0 ....,. 1 1 9 7 1 . . . . , .1 1 9 7 2 ....,. I 1 9 7 3 . . . . , »| 1 9 7 4 .... . 1 1 1 1 9 7 5 . . . . , »| 1 9 7 6 ....,. I 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 2 6 .5 2 7 .1 2 5 .7 2 5 .6 2 6 .3 1 2 .4 1 2 .9 1 4 .0 1 4.8 1 5 .4 1 3 .3 1 3 .4 1 3 .9 1 3 .4 1 2 .6 5 .2 4 .8 5 .0 5 .1 4 .8 4 2 .6 4 1 .7 4 1 .3 4 1 .0 4 0 .9 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 2 6 .9 2 6 .6 2 6 .2 2 6 .8 2 7 .1 1 6 .0 1 6 .6 1 7.1 1 7 .0 1 7 .0 1 1 .9 1 2 .0 1 1.9 1 1 .6 1 1 .6 4 .5 4 .6 5 .4 5 .5 5 .4 4 0 .6 4 0 .3 3 9 .5 3 9 .2 3 8 .9 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 2 6 .7 2 6 .2 2 6 .4 2 6 .8 2 7 .3 1 7 .3 1 7 .7 1 8 .9 2 0 .1 2 1 .1 1 2 .2 1 2 .2 1 2 .2 1 2 .0 12.1 5 .5 5 .6 5 .6 5 .7 6 .0 3 8 .4 3 8 .2 3 7 .0 3 5 .2 3 3 .5 1 0 0 .0 1 0 0 .0 100 .0 1 0 0 .0 1 0 0 .0 2 7 .6 2 8 .3 2 9 .4 3 0 .1 3 0 .8 2 2 .6 2 4 .1 2 5 .0 2 5 .0 2 6 .0 1 1 .4 1 0 .7 9 .8 8 .9 8 .1 6 .1 6 .1 6 .0 5 .7 5 .3 3 2 .4 3 0 .8 2 9 .9 3 0 .3 2 9 .8 1 0 0 .0 1 0 0 .0 2 9 .7 2 9 .2 2 8 .6 2 9 .9 7 .7 7 .4 5 .2 5 .7 2 8 .8 2 7 .7 1 945.......... 194 6 ......... 1947.......... 1 948.......... 1 949.......... 7 TABLE 121.1 OUTSTANDING FARM REAL ESTATE DEBT, JANUARY 1 AMOUNTS IN MILLIONS OF DOLLARS 1 1 YEAR 1 1 I J 1 1 9 1 0 ...., 1 1 9 1 1 . . . . *1 1 9 1 2 • ... I 1 9 1 3 .... 1 1 9 1 4 . . . . .1 j TOTAL 1 1 | 1 I 1 BANKS CO O PERA TIVE FARM C R E D IT SYSTEM 1 1 1 1 L IF E | FARM ERS 1 FED ERA L FED ERAL JO IN T - I IN SU R A N C E| HOME 1 TOTAL LAND FARM STOCK 1 C O M PAN IES| A D M IN IS 1 BANKS MORTGAGE LAND 1 | TRA TIO N 1 1 ______________________________ CORPORATION____ BANKS___ i ______ J t I IN D IV ID U A L S I AND | OTHERS | 1 3208. 3522. 3930. 4348. 4707. 406. 478. 580. 674. 724. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 387. 423. 480. 550. 597. ****** ****** ****** ****** ****** 2 41 5. 2 62 1. 2 87 0. 3 12 4. 3 386. 1 9 1 5 .... 1 1 9 1 6 . . . . *1 1 9 1 7 .... 1 1 9 1 8 . . . . .1 1 9 1 9 . . . . »| j 4991. 5 25 6. 5826. 6537. 7 13 7. 746. 776. 934. 1008. 1030. ****** ****** ****** 41. 165. ****** ****** ****** 39. 1 56 . ****** ****** ****** ****** ****** ****** ****** ****** 2. 8. 670. 766. 861. 956. 1018. ****** ****** ****** ****** ****** 3 57 5. 3 71 5. 4031. 4 53 2. 4924. 1 9 2 0 .... . 1 1 9 2 1 . . . . .1 1 9 2 2 ....,. 1 1 9 2 3 ....,. 1 1 9 2 4 . . . . , •1 1 1 1 9 2 5 ....,. | 1 9 2 6 ....,. 1 1 9 2 7 . . . . , .1 1 9 2 8 ....,. I 1 9 2 9 ....,. 1 I 1 1 9 3 0 . . . . , .1 1 9 3 1 ....,. I 1 9 3 2 ....,. | 1 9 3 3 ....,. I 1 9 3 4 . . . . , .1 i 1 1 9 3 5 ....,. I 1 9 3 6 . . . . , .1 1 9 3 7 . . . . , .1 1 9 3 8 . . . . , •I 1 9 3 9 ....,. 1 i 1 1 9 4 0 . . . . •I 1 9 4 1 . . . . , .1 1 9 4 2 ....,. I 1 9 4 3 ....,, I 1 9 4 4 . . . . , *| 1 8449. 1 02 21 . 107 02 . 10786. 10665. 1204. 1447. 1540. 1506. 1388. 354. 428. 518. 858. 1190. 294. 350. 433. 639. 798. ****** ****** ****** ****** ****** 60. 78. 8 5. 2 19 . 3 93 . 975. 1206. 1432. 1556. 1 792. ****** ****** ****** ****** ****** 5 916. 7140. 7212. 6865. 6294. 9913. 9713. 9658. 9757. 9757. 1200. 1178. 1144. 1097. 1047. 1 370. 1544. 1701. 1 81 5. 1839. 923. 999. 1069. 1 14 5. 1183. ****** ****** ****** ****** ****** 446. 5 46 . 632. 670. 657. 1 943. 2030. 2124. 2173. 2139. ****** ****** ****** ****** ****** 5400. 4960. 4690. 4 67 2. 4732. 9631. 9398. 9094. 8466. 7685. 997. 947. 940. 889. 7 11 . 1840. 1 803. 1733. 1622. 1 74 1. 1202. 1197. 1 18 1. 1 147. 1 25 8. ****** ****** ****** ****** 71. 638. 606. 552 . 475. 412. 2118. 2087. 2037. 189 8. 1698. ****** ****** ****** ****** ****** 4675. 4561. 4384. 4057. 3 53 6. 7 58 4. 7423. 7154. 6955. 6779. 499. 488. 488. 501. 519. 284 1. 3108. 3 15 2. 3 08 4. 2 97 8. 1947. 2114. 2148. 2 12 7. 2 08 8. 6 17 . 7 94 . 8 41 . 8 24 . 7 74 . 277. 2 01 . 163. 1 34. 115. 1302. 1112. 1016. 989. 983. ****** ****** ****** ****** 10. 2943. 2715. 2499. 238 1. 2289. 6586. 6494. 6376. 5 95 6. 5396. 5 34 . 5 43 . 535. 477. 448. 2815. 2716. 2 57 2. 2299. 1893. 2 010. 1957. 1881. 1 71 8. 1453. 7 13 . 685. 6 35 . 544. 430. 92. 73. 56. 37. 10. 984. 1 01 6. 106 3. 1043. 987. 32. 66. 1 16 . 159 . 174 . 2221. 215 2. 2 09 0. 1979. 1894. TABLE 121.1 OUTSTANDING FARM REAL ESTATE DEBT, JANUARY I AMOUNTS IN MILLIONS OF DOLLARS YEAR 1 9 4 5 .... 1 9 4 6 .... 1 9 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 .... 1959. . . . I 1 1 1 1 J 1 . I . 1 .1 .1 .1 i 1 .1 .1 .1 .1 . I 1 1 .1 .1 .1 .1 .1 i I9 6 0 .... 1 9 6 1 .... 1 9 6 2 .... 1 9 6 3 .... 1 9 6 4 .... TOTAL . _____ BANKS 1 1 1 1 1 | C O OPERATIVE FARM C RED IT TOTAL FED ERAL LAND BANKS SYSTEM 1 1 FARMERS 1 L IF E | FED ERAL JO IN T - 1 INSURANCE 1 HOME FARM STOCK 1 C O M PAN IES| A D M IN IS MORTGAGE LAND 1 1 TRATION CORPORATION____ BANKS___ J _ _ _ _ 1 1 1IN D IV ID U A L S 1 AND I OTHERS 1 1 4941. 4760. 4 89 7. 5 06 4. 5288. 450. 507. 683. 841. 8 98 . 1562. 1 32 2. 112 5. 997. 947. 1210. 1079. 977. 889. 868. 347. 239. 1 *7 . 107. 78. 5. 3. 2. 1. 0. 938. 8 91. 889 . 960. 1036. 196 . 184. 192 . 198. 1 97 . 1795. 1856. 2008. 2 06 9. 2 21 1. 5579. 6 11 2. 6662. 7241. 7740. 932. 986. 1 01 7. 1069. 1092. 965. 991. 1027. 1095. 1 187. 906. 947. 9 94. 1071. 1169. 5 9. 44. 33. 24. 18. 0. ****** ****** ****** ****** 1172. 1353. 154 2. 1716. 189 3. 202. 2 57 . 291. 330. 3 52 . 2308. 2526. 2786. 3 03 0. 3216. 8245. 9 01 2. 9822. 103 82 . 1 10 91 . 1161. 1275. 1298. 1316. 1408. 1 28 0. 1480. 1722. 1897. 2 06 5. 1267. 1480. 1722. 1897. 2065. ****** ****** ****** ****** ****** ****** ****** ****** ****** 2052. 2272. 2 47 7. 2 57 9. 2661. 378. 413. 463. 5 41. 6 08 . 3374. 3 57 2. 3862. 4050. 4 34 9. 1523. 1592. 1 641. 1870. 2137. 2 33 5. 2 53 9. 2803. 3 02 4. 3282. 2335. 2 53 9. 2 803. 3 02 4. 3282. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 2820. 2975. 3162. 3 39 1. 3781. 676. 723 . 948. 1058. 1171. 4 72 8. 4992. 5345. 5824. 6433. 2 41 7. 2607. 2770. 3 06 1. 333 3. 3 68 7. 4 24 0. 4 91 5. 5563. 6 08 1. 3 687. 4 24 0. 4915. 5563. 6081. **** **** **** **** **** * * * * * ****** ****** ****** ****** ****** 4288. 4 80 2. 5 21 4. 5540. 5764. 1285. 1497. 1663. 1844. 2 05 4. 7 21 8. 8 04 0. 8 51 6. 9135. 10165. 3 54 5. 377 2. 4218. 4792. 5 458. 6 671. 7 14 5. 7 880. 9050. 10901. 6671. 7145. 7 88 0. 9 050. 10901. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 5734. 5610. 556 4. 5 643. 5965. 2280. 2 44 0. 2 61 8. 2 83 5. 3013. 10953. 11378. 11927. 13437. 15915. 5 96 6. 6296. 13402. 15950. 13402. 15950. ****** ****** ****** ****** 6297. 6726. 3 21 5. 3 36 9. 17408. 18728. .1 12082. .1 12820. . I 1 38 99 . •! 1 51 68 . .1 168 04 . 1 1 1 8 8 94 . 1 9 6 5 . . . . .1 1 9 6 6 . . . . .1 21187. 1 9 6 7 . . . . .1 23077. 2 51 42 . 1 9 6 8 . . . . .1 1 9 6 9 . . . . .1 2 73 97 . i 1 1 9 7 0 . . . . .1 29183. 3 03 46 . 1 9 7 1 . . . . .1 1 9 7 2 . . . . • 1 3 22 08 . 1 9 7 3 . . . . .1 3 5 7 58 . 1 9 7 4 . . . . .1 41253. ■ 1 1 9 7 5 . . . . •1 46288. 1 9 7 6 .... .| 510 69 . _ i _____________ I 1 1 1 I 1 13. * * * * * 9 10 TABLE 121.2 OUTSTANDING FARM REAL ESTATE DEBT CHANGE DURING YEAR IN MILLIONS OF DOLLARS 1 1 1 1 YEAR 1 TOTAL I 1 1 1 1 J _______________ L i 1 9 1 0 .......... 1 314. 1 911.......... 1 4 08 . 1912.......... 1 418. 3 60. 1 9 1 3 .......... 1 191 4 .......... 1 283* | C O O PERA TIVE FARM C R E D IT BANKS SYSTEM i i 1 L IF E 1 FARMERS FEO ERA L FED ERA L JO IN T - 1 IN SU R A N C E| HOME TOTAL LAND FARM STOCK 1 C O M PA N IES| A D M IN IS BANKS MORTGAGE LAND I 1 TRATIO N ________________________________ CORPORATION____ BANKS___ 1 1 i ( IN D IV ID U A L S 1 AND 1 OTHERS 1 1 71. 103. 93. 50. 22. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 36. 56. 71. 47. 73. ****** ****** ****** ****** ****** 206 . 2 49 . 2 54 . 262. 189. 191 5 .......... 1 9 1 6 .......... 1 917.......... 191 8 .......... 1 91 9 .......... 1 1 1 1 I j 266 . 569. 7 11 . 601. 1311. 30. 158. 75. 22. 174. ****** ****** 41. 124 . 1 89 . ****** ****** 39. 117. 137. ****** ****** ****** ****** ****** ****** ****** 2. 6. 52. 96. 96. 94. 63. -43. ****** ****** ****** ****** ****** 140. 316. 501. 3 93 . 992. 1 92 0 .......... 192 1 .......... 1 92 2 .......... 192 3 .......... 1 92 4 .......... 1 1 I 1 I 1 I I I 1 I I j 1772. 481. 83. -121. -752. 243. 93. -34. -118. -188. 7 4. 90. 341. 332. 1 79. 56. 83. 207. 1 58. i2 5 . ****** ****** ****** ****** ****** 18. 7. 134. 174. 54. 231. 227. 124 . 236. 1 50 . ****** ****** ****** ****** ****** 1 22 4. 72. -348. -570. -894. -199. -55. 99. -0. -126. -22. -35. -47. -50. -49. 175. 1 57 . 114 . 25. 0. 75. 70. 76. 38. 1 9. ****** £ ***** ****** ****** ****** 99. 87. 37. -13. -19. 88. 93. 49. -34. -21. ****** ****** ****** ****** ****** -440. -270. -18. 59. -56. 1 1 1 I 1 i 1 1 1 1 1 1 i -233. -304. -628. -781. -101. -51. -7. -51. -178. -212. -37. -70. -1 1 1 . 119. 110 0. -5. -16. -34. 111. 690. ****** ****** ****** 7 1. 546 . -32. -54. -77. -63. -135. -31. -50. -138. -201. -396. ****** ****** ****** ****** ****** -114. -177. -327. -521. -593. -162. -269. -199. -176. -193. -11. 0. 14. 1 8. 15. 267. 44. -67. -106. -163. 166. 34. -21. -38. -79. 177. 47. -17. -50. -61. -76. -38. -29. -19. -23. -189. -97. -27. -6. 1. ****** ****** ****** 1 0. 22. -228. -216. -118. -92. -68. 1 940.........., I 194 1 .......... 1 1 942...........1 1943 .......... I 1944.......... I 1 -93. -117. -420. -561. -455. 9. -8. -59. -28. 1. -99. -144. -272. -406. -330. -53. -76. -163. -265. -243. -28. -50. -91. -114. -82. -18. -18. -19. -27. -5. 32. 47. -20. -56. -48. 34. 50. 43. 15. 22. -69. -61. -112. -84. -99. 1 925.......... 1 92 6 .......... 1927.......... 1 9 2 8 .......... 1 929.......... 1 9 3 0 .......... 1 9 3 1 .......... 1 9 3 2 .......... 1933.......... 1 934.......... 193 5 .......... 1936.......... 1 937.......... 1938.......... 1939.......... TABLE 121.2 OUTSTANDING FARM REAL ESTATE DEBT CHANGE DURING YEAR IN MILLIONS OF DOLLARS 1 1 YEAR 1 TOTAL 1 1 1 f 194-5.......... 1 -180. 137. 1 9 4 6 ..... I 1 94 7 .......... 1 167. 1 94 8 .......... 1 224. 1949.......... 1 291. 1 1 1 950.......... 1 533. 550. 1 9 5 1 ..... I 579. 1 95 2 .......... 1 4 99 . 1953.......... f 5 05. 1 95 4 .......... f I f 7 67. 195 5 .......... f 810. 1 9 5 6 ..... I 1 957.......... 1 561. 709. 195 8 .......... 1 1 95 9 .......... 1 991. i I 1 96 0 .......... 1 738. 1079. 1 9 6 1 ......... , 1 1269. 1 96 2 ......... ,1 1636. 1 96 3 ......... , I 1964......... . 1 2 09 1. i f 2 29 3. 1 9 6 5 ......... . 1 1 890. 1 966......... ►I 2 06 5. 1 967......... . 1 1 96 8 ......... . I 2 255. 1 78 5. 1 9 6 9 ....,J | 1 1163. 1970......... . I 1 862. 1 9 7 1 ....,. 1 3550. 1 9 7 2 . . . . , .1 549 5. 1 9 7 3 ....,. | 1 9 7 4 . . . . , .1 5 03 6. i 1 4781. 1 9 7 5 . . . . .1 j ____ 1 ! | i 1 1 1 1 BANKS | 1 1 _________ 1 CO O PERA TIVE FARM C RED IT SYSTEM 1 1 FARMERS 1 L IF E ! FED ERAL JO IN T - 1 INSURANCE 1 HOME FARM STOCK | C O M PAN IES| A D M IN IS TRATION MORTGAGE LAND 1 ! CORPORATION____ BANKS 1______________1 I I IN D IV ID U A L S | AND | OTHERS 1 1 TOTAL FED ERAL LAND BANKS 5 8. 176. 157 . 57. 34. -241. -197. -128. -50. 18. -131. -102. -88. -21. 38. -108. -93. -40. -29. -19. -2. -2. -1. -0. -0. -47. -3. 71. 7 7. 136. -11. 8. 6. -1. 5. 61. 152. 6 1. 141. 98. 5 4. 31. 52. 23. 69. 26. 35. 68 . 92. 93. 41. 47. 77. 98. 98. -15. -11. -9. -6. -5. -0. ****** ****** ****** ****** 180 . 189. 174. 1 77 . 159. 55. 3 4. 40. 22. 2 6. 217. 260. 245. 186. 158. 1 14 . 2 3. 17. 92. 116. 200. 242. 1 75. 168 . 270. 213. 2 42 . 175. 168 . 270 . -13. ****** ****** ****** ****** ****** ****** ****** ****** ****** 220. 2 05 . 102. 82. 158. 35. 5 0. 78. 6 7. 68. 198. 2 90 . 188. 299. 3 79 . 69. 49. 2 29 . 2 66 . 280. 204. 264. 221. 258 . 405. 2 04 . 264. 221. 2 58 . 405. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 155. 187 . 229. 389. 507. 47. 225. 110. 1 13 . 114. 264. 353. 479. 609 . 785 . 1 91 . 1 63 . 291. 2 73 . 212. 5 53 . 674. 649. 518. 590. 5 53 . 674. 649. 5 18 . 590 . ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 5 14 . 412. 326 . 224. -30. 212. 166. 181. 210. 225. 822. 4 76. 6 19. 1030. 788 . 227. 446. 5 74 . 666. 5 08 . 474. 734. 1170. 1851. 2 501. 474. 734. 1170. 1851. 2501. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** -124. -46. 79. 322. 333. 1 60. 1 78 . 217. 178. 201. 4 25 . 549 . 1510. 2 47 8. 1 49 3. 330. 2 54 7. 2547. ****** ****** 429. 154. 1321. 11 TABLE 121.3 OUTSTANDING FARM REAL ESTATE DEBT PERCENTAGE CHANGE DURING YEAR YEAR 1 1 1 1 1 TOTAL | 1 1 1 1 I _______________ L C O O PERA TIVE FARM C R E D IT BANKS SYSTEM 1 1 1 l if e | FARMERS FED ERAL FED ERA L JO IN T - 1 INSURANCE I HOME TOTAL LAND FARM STOCK f COMPANIES 1 A D M IN IS BANKS MORTGAGE LAND 1 1 TRATION ________________________________ CORPORATION____ BANKS___ 1 1 1 IN D IV I D U A L S 1 AND I OTHERS 1 1 1 91 0 .......... 1 911.......... 1 912.......... 1 91 3 .......... 191 4 .......... I 1 1 1 | 9 .8 1 1 .6 1 0 .6 8 .3 6 .0 1 7 .6 2 1 .5 1 6 .1 7 .4 3 .1 ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 9 .4 1 3 .3 1 4 .7 8 .6 1 2 .1 ****** ****** ****** ****** ****** 8 .5 9 .5 8 .8 8 .4 5 .6 1 91 5 .......... 1 91 6 .......... 191 7 .......... 191 8 .......... 191 9 .......... 1 t I 1 t 5 .3 10.8 1 2.2 9 .2 1 8 .4 4 .0 2 0 .3 8 .0 2 .2 1 6 .9 ****** ****** ****** 3 0 1 .5 1 1 4 .8 ****** ****** ****** 2 9 9 .4 8 7 .9 ****** ****** ****** ****** ****** ****** ****** ****** 3 4 4 .1 6 1 6 .1 1 4 .3 1 2 .5 1 1 .0 6 .5 - 4 .3 ****** ****** ****** ****** ****** 3 .9 8 .5 1 2 .4 8 .7 2 0 .1 1 920.......... 192 1 .......... 1 9 2 2 .......... 1 92 3 .......... 1924.......... 1 1 | 1 I 2 1 .0 4 .7 0 .8 - 1 .1 - 7 .1 2 0 .2 6 .4 - 2 .2 - 7 .9 - 1 3 .5 2 0 .9 2 1 .0 6 5 .8 3 8 .7 1 5 .0 1 9 .1 2 3 .7 4 7 .9 2 4 .8 1 5 .7 ****** ****** ****** ****** ****** 2 9 .8 9 .1 1 5 7 .3 7 9 .5 1 3 .7 2 3 .7 1 8 .8 8 .6 1 5 .2 8 .4 ****** ****** ****** ****** ****** 2 0 .7 1 .0 - 4 .8 - 8 .3 - 1 4 .2 1 92 5 .......... 1 9 2 6 .......... 1 9 2 7 .......... 1 92 8 .......... 1 9 2 9 .......... 1 1 | I I - 2 .0 - 0 .6 1 .0 - 0 .0 - 1 .3 - 1 .8 - 3 .0 - 4 .1 —4 .6 - 4 .7 1 2 .7 1 0 .2 6 .7 1 .4 0 .0 8 .2 7-P 7 .1 3 .3 1 .6 ****** ****** ****** ****** ****** 2 2 .2 1 5 .9 5 .9 - 2 .0 - 2 .9 4 .5 4 .6 2 .3 - 1 .6 - 1 .0 ****** ****** ****** ****** ****** - 8 .1 - 5 .4 - 0 .4 1.3 - 1 .? 1930.......... 1 93 1 .......... 1 93 2 .......... 1 933.......... 1 934.......... | 1 I 1 I - 2 .4 - 3 .2 - 6 .9 - 9 .2 - 1 .3 - 5 .1 - 0 .7 - 5 .4 - 2 0 .0 - 2 9 .8 - 2 .0 - 3 .9 - 6 .4 7 .3 6 3 .2 - 0 .4 - 1 .3 - 2 .9 9 .7 5 4 .8 ****** ****** ****** ****** 7 7 1 .9 - 5 .0 - 8 .9 - 1 4 .0 - 1 3 .2 - 3 2 .8 - 1 .5 - 2 .4 - 6 .8 - 1 0 .6 - 2 3 .3 ****** ****** ****** ****** ****** - 2 .4 - 3 .9 - 7 .5 - 1 2 .9 - 1 6 .8 1 93 5 .......... 1 9 3 6 .......... 1 937.......... 1938.......... 1939.......... I I I I I - 2 .1 - 3 .6 - 2 .8 - 2 .5 - 2 .8 - 2 .3 0 .0 2 .9 3 .6 2 .9 9 .4 1 .4 - 2 .1 - 3 .5 - 5 .5 8 .5 1 .6 - 1 .0 - 1 .8 - 3 .8 2 8 .8 5 .9 - 2 .0 - 6 .0 - 7 .9 - 2 7 .6 - 1 8 .9 - 1 8 .0 - 1 3 .9 - 2 0 .2 - 1 4 .5 - 8 .7 - 2 .7 - 0 .6 0 .1 ****** ****** ****** ****** 2 1 4 .9 - 7 .8 - 7 .9 - 4 .7 - 3 .8 - 3 .0 1 940.......... 1941.......... 1 94 2 .......... 1 9 4 3 .......... 1944.......... | 1 I j | - 1 .4 - 1 .8 - 6 .6 - 9 .4 - 8 .4 1 .7 - 1 .5 - 1 0 .9 - 5 .9 0 .3 - 3 .5 - 5 .3 - 1 0 .6 - 1 7 .7 - 1 7 .5 - 2 .6 - 3 .9 - 8 .6 - 1 5 .4 - 1 6 .7 - 3 .9 - 7 .3 - 1 4 .3 - 2 1 .0 - 1 9 .2 - 1 9 .9 - 2 3 .9 - 3 3 .8 - 7 2 .7 - 4 6 .0 3 .3 4 .6 - 1 .9 - 5 .4 - 4 .9 1 0 4 .9 7 5 .3 3 7 .6 9 .2 1 2 .6 - 3 .1 - 2 .9 - 5 .4 - 4 .3 - 5 .2 TABLE 121.3 OUTSTANDING FARM REAL ESTATE DEBT PERCENTAGE CHANGE DURING YEAR YEAR TOTAL 1 I I 1 1 1 BANKS 1 1 | 1 1 1 CO O PERA TIVE FARM C R ED IT TOTAL FED ERAL LAND BANKS SYSTEM FED ERAL JO IN T FARM STOCK MORTGAGE LAND CORPORATION__ BANKS___ I FARMERS L IF E | IN SU R A N C E! HOME COMPANIES 1 A D M IN IS 1 TRATION 1 1 |IN D IV ID U A L S I AND | OTHERS 1 1 1 945.......... 1946.......... 1 9 4 7 .......... 1948.......... 1 94 9 .......... - 3 .7 2 .9 3 .4 4 .4 5 .5 1 2 .8 3 4 .7 2 3 .0 6 .8 3 .8 - 1 5 .4 - 1 4 .9 - 1 1 .4 - 5 .0 2 .0 - 1 0 .8 - 9 .5 - 9 .0 - 2 .3 4 .4 - 3 1 .1 - 3 8 .7 - 2 7 .0 - 2 7 .2 - 2 4 .7 - * 1 .2 - 4 8 .8 - 6 0 .7 - 2 8 .4 - 4 1 .6 - 5 .0 - 0 .3 8 .0 8 .0 1 3 .1 - 5 .8 4 .3 3 .1 - 0 .4 2 .3 3 .4 8 .2 3 .0 6 .8 4 .4 195 0 .......... 1 951.......... 1 9 5 2 ..... 1953.......... 1 9 5 4 .......... 9 .6 9 .0 8 .7 6 .9 6 .5 5 .8 3 .2 5 .1 2 .1 6 .4 2 .7 3 .6 6 .7 8 .4 7 .8 4 .6 4 .9 7 .8 9 .2 8 .3 - 2 5 .0 - 2 5 .5 - 2 7 .1 - 2 6 .2 - 2 7 .2 - 1 0 0 .0 ****** ****** ****** ****** 1 5 .4 1 4 .0 1 1 .3 1 0 .3 8 .4 2 7 .2 1 3 .2 1 3 .6 6 .7 7 .4 9 .4 1 0 .3 8 .8 6 .1 4 .9 1955.......... 1 956.......... 1 9 5 7 .......... 1 95 8 .......... 1 9 5 9 .......... 9 .3 9 .0 5 .7 6 .8 8 .9 9 .8 1 .8 1 .3 7 .0 8 .2 1 5 .7 1 6 .4 1 0 .1 8 .9 1 3 .1 1 6 .8 1 6 .4 1 0 .1 8 .9 1 3 .1 - 1 0 0 .0 ****** ****** ****** ****** ****** ****** ****** ****** ****** 1 0 .7 9 .0 4 .1 3 .2 5 .9 9 .1 1 2 .2 1 6 .8 1 2 .5 1 1 .2 5 .9 8 .1 4 .9 7 .4 8 .7 1 9 6 0 .......... 1 9 6 1 .......... 1962.......... 1 9 6 3 .......... 1 964.......... 6 .1 8 .4 9 .1 10.8 1 2 .4 4 .5 3 .1 1 4.0 1 4 .2 1 3 .1 8 .7 1 0 .4 7 .9 8 .5 1 2 .3 8 .7 1 0 .4 7 .9 8 .5 1 2.3 ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 5 .5 6 .3 7 .3 1 1 .5 1 3 .4 6 .9 3 1 .2 1 1 .6 1 0 .7 9 .7 5 .6 7 .1 9 .0 1 0.5 1 2.2 1 965.......... 1966.......... 196 7 .......... 1 96 8 .......... 1969.......... 12.1 8 .9 8 .9 9 .0 6 .5 7 .9 6 .2 1 0 .5 8 .9 6 .4 1 5 .0 1 5 .9 1 3 .2 9 .3 9 .7 1 5 .0 1 5 .9 1 3 .2 9 .3 9 .7 ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 1 2 .0 8 .6 6 .3 4 .0 - 0 .5 1 6 .5 1 1 .1 1 0 .9 1 1 .4 1 1 .0 1 1 .4 5 .9 7 .3 1 1.3 7 .8 1 9 7 0 .......... 1 971.......... 1 972.......... 1 973.......... 1974.......... 4 .0 6 .1 1 1.0 1 5 .4 1 2 .2 6 .4 1 1 .8 1 3 .6 1 3 .9 9 .3 7 .1 1 0 .3 1 4 .9 2 0 .5 2 2 .9 7 .1 1 0 .3 1 4 .9 2 0 .5 2 2 .9 ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** - 2 .2 - 0 .8 1 .4 5 .7 5 .6 7 .0 7 .3 8 .3 6 .3 6 .7 3 .9 4 .6 1 2 .7 1 8 .4 9 .4 1 97 5 .......... 1 0 .3 5 .5 1 9 .0 1 9 .0 ****** ****** 6 .8 4 .8 7 .6 13 OUTSTANDING FARM REAL ESTATE DEBT, JANUARY 1 PERCENTAGE OF TOTAL TOTAL 1910 1911 1912 1913 1914 100. 0 100.0 1 0 0.0 1915 1916 1917 1918 1919 1 0 0 .0 1920 1921 1922 1923 1924 100.0 100.0 1 0 0 .0 100.0 100.0 100.0 100.0 10 0.0 10 0.0 1 0 0 .0 100.0 1 1 1 1 1 1 BANKS 1 1 1 1 1 | C O O PERA TIVE FARM C R E D IT SYSTEM f 1 L IF E 1 FARM ERS 1 IN SU R A N C E| FEDERAL JO IN T HOME FARM STOCK 1 COMPANIES 1 A D M IN IS LAND MORTGAGE 1 1 TRA TIO N CORPORATION - B A N K S .__ J _ 1 A TOTAL FED ERA L LAND BANKS 1 2 .7 1 3 .6 1 4 .8 1 5 .5 1 5 .4 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 1 2 .1 1 2 .0 1 2 .2 1 2 .7 1 2 .7 ***** ***** ***** ***** ***** 1 4 .9 1 4 .8 1 6 .0 1 5 .4 1 4 .4 ***** ***** ***** 0 .6 2 .3 ***** ***** ***** 0 .6 2 .2 ***** ***** ***** ***** ***** ***** ***** ***** 0 .0 0 .1 1 3 .4 1 4 .6 1 4 .8 1 4 .6 1 4 .3 ***** ***** ***** ***** ***** 1 4 .3 1 4 .2 1 4 .4 1 4 .0 1 3 .0 4 .2 4 .2 4 .8 8 .0 1 1 .2 3 .5 3 .4 .4 .0 5 .9 7 .5 ***** ***** ***** ***** ***** 0 .7 0 .8 0 .8 2 .0 3 .7 1 1 .5 1 1 .8 1 3 .4 1 4 .4 1 6 .8 ***** ***** ***** ***** ***** 1 3 .8 1 5 .9 1 7 .6 1 8 .6 1 8 .9 .9^3 1 0 .3 1 1 .1 1 1 .7 1 2 .1 ***** ***** ***** ***** ***** 4 .5 5 .6 6 .5 6 .9 6 .7 1 9 .6 2 0 .9 2 2 .0 2 2 .3 2 1 .9 ***** ***** ***** ***** ***** 1925 1926 1927 1928 1929 100.0 10 0.0 100.0 1 2 .1 1 2 .1 1 1 .8 1 1 .2 1 0 .7 1930 1931 1932 1933 1934 1 0 0.0 1 0 0 .0 10 0.0 1 0 0.0 10 0.0 1 0 .4 1 0 .1 1 0 .3 1 0 .5 9 .2 1 9 .1 1 9 .2 19.1 1 9.2 2 2 .7 1 2 .5 1 2 .7 1 3 .0 1 3 .5 1 6 .4 ***** ***** ***** ***** 0 .9 6 .6 6 .4 6 .1 5 .6 5 .4 2 2 .0 2 2 .2 2 2 .4 2 2 .4 2 2 .1 ***** ***** ***** ***** ***** 1935 1936 1937 1938 1939 1 0 0.0 1 0 0.0 10 0.0 100.0 6 .6 6 .6 6 .8 7 .2 7 .7 3 7 .5 4 1 .9 4 4 .1 4 4 .3 4 3 .9 2 5 .7 2 8 .5 3 0 .0 3 0 .6 3 0 .8 8 .1 1 0 .7 1 1 .8 1 1 .8 1 1 .4 3 .7 2 .7 2 .3 1 .9 1 .7 1 7 .2 1 5 .0 1 4 .2 1 4 .2 1 4 .5 ***** ***** ***** ***** 0 .2 1940 1941 10 0.0 1 0 0.0 1 0 0.0 10 0.0 10 0 .0 8 .1 8 .4 8 .4 8 .0 8 .3 4 2 .7 4 1 .8 4 0 .3 3 8 .6 3 5 .1 3 0 .5 3 0 .1 2 9 .5 2 8 .8 2 6 .9 1 0 .8 1 0 .6 1 0 .0 9 .1 8 .0 1 .4 1 .1 0 .9 0 .6 0 .2 1 4 .9 1 5 .7 1 6 .7 1 7 .5 1 8 .3 0 .5 1 .0 1 .8 2 .7 3 .2 100.0 100.0 100.0 TABLE 121.4 OUTSTANDING FARM REAL ESTATE DEBT, JANUARY 1 PERCENTAGE OF TOTAL YEAR 1 9 4 5 .... 1 9 4 6 .... 1 9 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 .... I 1 ! 1 1 1 1 .1 .1 .1 .1 .1 1 1 .1 .1 .1 .1 .1 1 TOTAL 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 I 9 6 0 . . . . .1 1 9 6 1 . . . . .1 1 9 6 2 . . . . .1 1 9 6 3 . . . . .1 1 9 6 4 . . . . .1 1 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 .... •I 1 I 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 1 1 9 7 5 . . . . .1 1 9 7 6 . . . . .1 BANKS ________ 1 1 1 1 1 1 C O O PERA TIVE FARM C R E D IT TOTAL SYSTEM FED ERAL FED ERA L JO IN T LAND FARM STOCK BANKS MORTGAGE LAND ___________ CORPORATION___BANKS 1 1 .1 L IF E I FARMERS I INSURANCE I HOME | C O M PA N IES! A O M IN IS1 1 TRATIO N 1 1 i 1IN D IV ID U A L S 1 AND | OTHERS | 1 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 9 .1 1 0 .7 1 4 .0 1 6 .6 1 7 .0 3 1 .6 2 7 .8 2 3 .0 1 9 .7 1 7 .9 2 4 .5 2 2 .7 1 9 .9 1 7 .6 1 6 .4 7 .0 5 .0 3 .0 2 .1 1 .5 0 .1 0 .1 0 .0 0 .0 0 .0 1 9 .0 1 8 .7 18.1 1 9 .0 1 9 .6 4 .0 3 .9 3 .9 3 .9 3 .7 3 6 .3 3 9 .0 4 1 .0 4 0 .9 4 1 .8 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 6 .7 1 6 .1 1 5 .3 1 4 .8 1 4 .1 1 7 .3 1 6 .2 1 5 .4 1 5 .1 1 5 .3 1 6 .2 1 5 .5 1 4 .9 1 4 .8 1 5.1 1 .1 0 .7 0 .5 0 .3 0 .2 0 .0 ***** ***** ***** 2 1 .0 2 2 .1 2 3 .1 2 3 .7 2 4 .5 3 .6 4 .2 4 .4 4 .6 4 .6 4 1 .4 4 1 .3 4 1 .8 4 1 .8 4 1 .6 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 4 .1 1 4 .2 1 3 .2 1 2 .7 1 2 .7 1 5 .5 1 6 .4 1 7 .5 1 8 .3 1 8 .6 1 5 .4 1 6 .4 1 7 .5 1 8 .3 1 8 .6 0 .2 ***** ***** ***** ***** ***** ***** ***** ***** ***** 2 4 .9 2 5 .2 2 5 .2 2 4 .8 2 4 .0 4 .6 4 .6 4 .7 5 .2 5 .5 4 0 .9 3 9 .6 3 9 .3 3 9 .0 3 9 .2 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 2 .6 1 2 .4 1 1 .8 1 2 .3 1 2 .7 1 9 .3 1 9.8 2 0 .2 1 9 .9 1 9 .5 1 9 .3 1 9 .8 2 0 .2 1 9 .9 1 9 .5 ***** ***** ***** ***** ***** ***** ***** ***** ***** 2 3 .3 2 3 .2 2 2 .7 2 2 .4 2 2 .5 5 .6 5 .6 6 .8 7 .0 7 .0 3 9 .1 3 8 .9 3 8 .5 3 8 .4 3 8 .3 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 2 .8 1 2 .3 1 2 .0 1 2 .2 1 2 .2 1 9 .5 2 0 .0 2 1 .3 2 2 .1 2 2 .2 1 9 .5 2 0 .0 2 1 .3 2 2 .1 2 2 .2 ***** ***** ***** ***** ***** ***** ***** ***** ***** 2 2 .7 2 2 .7 2 2 .6 2 2 .0 2 1 .0 6 .8 7 .1 7 .2 7 .3 7 .5 3 8 .2 3 7 .9 3 6 .9 3 6 .3 3 7 .1 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 2 .1 1 2 .4 1 3 .1 1 3 .4 1 3 .2 2 2 .9 2 3 .5 2 4 .5 2 5 .3 2 6 .4 2 2 .9 2 3 .5 2 4 .5 2 5 .3 2 6 .4 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 1 9 .6 1 8 .5 1 7 .3 1 5 .8 1 4 .5 7 .8 8 .0 8 .1 7 .9 7 .3 3 7 .5 3 7 .5 3 7 .0 3 7 .6 3 8 .6 1 0 0 .0 1 0 0 .0 1 2 .9 1 2 .3 2 9 .0 3 1 .2 2 9 .0 3 1 .2 ***** ***** ***** ***** 1 3 .6 1 3 .2 6 .9 6 .6 3 7 .6 3 6 .7 ***** ***** ***** _J__________ 15 TABLE 121.5 OUTSTANDING FARM REAL ESTATE DEBT, JANUARY 1 PERCENTAGE OF TOTAL FARM DEBT INCLUDING CCC LOANS 1 1 1 1 YEAR | 1 TOTAL 1 I ! 1 _±____ ___J 1 1940......... 6 5 .6 1941......... 6 2 .0 6 0 .$ 1 9 4 2 .... 1 9 4 3 ..... 6 0 .2 1944......... 1 6 0 .8 1 V 1 9 4 5 ..... 5 9 .2 1 9 4 6 ..... 6 0 .2 1 9 4 7 ...., 5 8 .2 1 9 4 8 ...., 5 4 .8 1 9 4 9 .... 4 6 .5 1 I 1950 ......... 4 4 .8 1 9 5 1 ...., 4 6 .8 4 5 .5 1952......... .1 4 5 .0 1 953......... 1 9 * 5 4 .... . 4 5 .7 > 1 1 9 5 5 ...., 4 6 .7 1 9 5 6 . . . . , >1 4 8 .0 1 957 ......... 5 0 .8 5 0 .9 1 95 8 ......... 4 6 .9 1 9 5 9 .. W , » f ■ 1 1 96 0 ......... 4 8 .8 1 9 6 1 ...., 4 9 .0 1 9 6 2 ...., 4 8 .8 4 8 .3 1 9 6 3 ...., 1964 ......... ,1 4 8 .9 i 1 1 9 6 5 ...., 5 1 .3 1 9 6 6 .... , 5 2 .1 5 2 .4 1 9 6 7 ...., 5 3 .0 1 9 6 8 ...1 , 1 9 6 9 ...., 5 4 .3 i 1 1 9 7 0 . . . . , .1 5 5.0 1 9 7 1 ...., 5 5 .7 5 4 .5 1 9 7 2 ...., 5 4 .7 1 9 7 3 ....,►1 1 9 7 4 .- .. , 5 5 .6 I 1 1 9 7 5 ...., 1 9 7 6 . . . . , .1 _L_ 5 6 .6 5 6 .2 C O O PERA TIVE FARM C R E D IT BANKS TOTAL __________ SYSTEM FED ERAL FED ERA L LAND FARM BANKS MORTGAGE ____ CORPORATION JO IN T STOCK LAND BANKS 1 .1 L IF E 1 INSURAN CE 1 COMPANIES 1 1 1 | FARMERS I HOME 1 A D M IN IS 1 TRATIO N 1 \ 1IN D IV ID U A L S | AND 1 OTHERS 1 1 5 .3 5 .2 5 .1 4 .8 5 .1 28 .D 2 5 .9 2 4 .6 2 3 .2 2 1 .3 2 0 .0 1 8 .7 1 8 .0 1 7 .4 1 6 .4 7 .1 6 .5 6 .1 5 .5 4 .8 0 .9 0 .7 0 .5 0 .4 0 .1 9 .8 9 .7 1 0 .2 1 0 .5 1 1 .1 0 .3 0 .6 1 .1 1 .6 2 .0 2 2 .1 2 0 .6 2 0 .0 2 0 .0 2 1 .3 5 .4 6 .4 8 .1 9 .1 7 .9 1 8 .7 1 6 .7 1 3 .4 1 0.8 8 .3 1 4 .5 1 3 .6 1 1 .6 9 .6 7 .6 4 .2 3 .0 1 .7 1 .2 0 .7 0 .1 0 .0 0 .0 0 .0 0 .0 1 1 .2 1 1 .3 1 0 .6 1 0 .4 9 .1 2 .3 2 .3 2 .3 2 .1 1 .7 2 1 .5 2 3 .5 2 3 .9 2 2 .4 1 9 .4 7 .5 7 .6 6 .9 6 .6 6 .4 7 .7 7 .6 7 .0 6 .8 7 .0 7 .3 7 .3 6 .8 6 .7 6 .9 0 .5 0 .3 0 .2 0 .1 0 .1 0 .0 ***** ***** ***** ***** 9 .4 1 0 .4 1 0 .5 1 0 .7 1 1 .2 1 .6 2 .0 2 .0 2 .1 2 .1 1 8 .5 1 9 .4 1 9 .0 1 8 .8 1 9 .0 6 .6 6 .8 6 .7 6 .4 6 .0 7 .2 7 .9 8 .9 9 .3 8 .7 7 .2 7 .9 8 .9 9 .3 8 .7 0 .1 ***** 1 1 .6 1 2 .1 1 2 .8 1 2 .6 1 1 .3 2 .1 2 .2 2 .4 2 .6 2 .6 1 9 .1 1 9 .0 2 0 .0 1 9 .8 1 8 .4 6 .1 6 .1 5 .8 6 .0 6 .2 9 .4 9 .7 9 .8 9 .6 9 .5 9 .4 9 .7 9 .8 9 .6 9 .5 ***** ***** ***** ***** ***** ***** ***** ***** L I. 4 1 1 .4 1 1 .1 1 0 .8 1 1 .0 2 .7 2 .8 3 .3 3 .4 3 .4 1 9 .1 1 9 .1 1 8 .8 1 8 .6 1 8 .7 6 .6 6 .4 6 .3 6 .5 6 .6 1 0 .0 1 0 .4 1 1 .2 1 1 .7 1 2.1 1 0 .0 1 0 .4 1 1 .2 1 1.7 1 2 .1 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 1 1 .7 1 1 .8 1 1 .8 1 1 .7 1 1 .4 3 .5 3 .7 3 .8 3 .9 4 .1 1 9 .6 1 9 .8 1 9 .3 1 9 .3 2 0 .1 6 .7 6 .9 7 .1 7 .3 7 .4 1 2.6 1 3.1 1 3 .3 1 3 .8 1 4 .7 1 2 .6 1 3 .1 1 3 .3 1 3 .8 1 4 .7 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 1 0 .8 1 0 .3 9 .4 8 .6 8 .0 4 .3 4 .5 4 .4 4 .3 4 .1 2 0 .7 2 0 .9 2 0 .2 2 0 .6 2 1 .5 7 .3 6 .9 1 6 .4 1 7 .6 1 6 .4 1 7 .6 ***** ***** ***** ***** 7 .7 7 .4 3 .9 3 .7 2 1 .3 2 0 .6 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** TABLE 121.6 OUTSTANDING FARM REAL ESTATE DEBT y J ANUARY 1 PERCENTAGE OF TOTAL FARM DEBT EXCLUDING CCC LOANS YEAR 1940.......... 194 1 .......... 1942.......... 1 943......... 1 944.......... 1 t 1 ! i i 1 1 1 1 1 I i TOTAL 1 t 1 1 1 i C O O PERA TIVE FARM C R ED IT BANKS TOTAL SYSTEM FED ERAL FED ERA L JO IN T LAND FARM STOCK BANKS MORTGAGE LAND _______ CORPORATION___BA N KS,. 1 1 1 L IF E 1 FARMERS HOME 1 INSURANCE I | C O M PAN IES| A D M IN IS TRATION 1 I 1 1 1 IN D IV I D U A L S I AND | OTHERS 1 1 6 8 .7 6 6 .0 6 4 .7 6 5 .3 6 5 .1 5 .6 5 .5 5 .4 5 .2 5 .4 2 9 .4 2 7 .6 2 6 .1 2 5 .2 2 2 .8 2 1 .0 1 9 .9 1 9 .1 1 8 .8 1 7 .5 7 .4 7 .0 6 .4 6 .0 5 .2 1 .0 0 .7 0 .6 0 .4 0 .1 1 0 .3 1 0 .3 1 0 .8 1 1 .4 1 1 .9 0 .3 0 .7 1 .2 1 .7 2 .1 2 3 .2 2 1 .9 2 1 .2 2 1 .7 2 2 .9 1 | I 1 1 i 6 4 .5 6 2 .4 5 8 .7 5 5 .3 5 1 .8 5 .9 6 .6 8 .2 9 .2 8 .8 2 0 .4 1 7 .3 1 3 .5 1 0 .9 9 .3 1 5 .8 14. 1 1 1 .7 9 .7 8 .5 4 .5 3 .1 1 .8 1 .2 0 .8 0 .1 0 .0 0 .0 0 .0 0 .0 1 2 .2 1 1 .7 1 0 .6 1 0 .5 1 0 .1 2 .6 2 .4 2 .3 2 .2 1 .9 2 3 .4 2 4 .3 2 4 .1 2 2 .6 2 1 .6 1950......... 1 1 951......... | 1 9 5 2 ......... . 1 1 953......... 1954...........1 i J 195 5 ......... »| 1 9 5 6 ......... ►I 19 57......... >1 1 9 5 8 ......... >1 1 9 5 9 . . . . , .f 1 5 2 .0 4 9 .9 4 7 .4 4 8 .5 5 3 .2 8 .7 8 .1 7 .2 7 .2 7 .5 9 .0 8 .1 7 .3 7 .3 8 .2 8 .4 7 .7 7 .1 7 .2 8 .0 0 .5 0 .4 0 .2 0 .2 0 .1 0 .0 ***** ***** ***** ***** 1 0 .9 11.1 1 1 .0 1 1 .5 1 3 .0 1 .9 2 .1 2 .1 2 .2 2 .4 2 1 .5 2 0 .6 1 9 .8 2 0 .3 2 2 .1 5 3 .4 5 3 .3 5 5 .2 5 4 .1 5 2 .4 7 .5 7 .5 7 .3 6 .9 6 .6 8 .3 8 .7 9 .7 9 .9 9 .8 8 .2 8 .7 9 .7 9 .9 9 .8 0 .1 ***** ***** ***** ***** ***** ***** ***** ***** ***** 1 3 .3 1 3 .4 1 3 .9 1 3 .4 1 2 .6 2 .4 2 .4 2 .6 2 .8 2 .9 2 1 .9 2 1 .1 2 1 .7 2 1 .1 2 0 .5 I 9 6 0 . . . . , .1 1 9 6 1 . . . . , .1 1 9 6 2 . . . . , ►I 1 9 6 3 . . . . , .f 1 9 6 4 . . . . , ►1 i V 1 9 6 5 ....,. 1 1 9 6 6 ....,. J 1 9 6 7 . . . . , .1 1 9 6 8 ....,.| 1 9 6 9 . . . . .1 i f 1 9 7 0 .... .! 1 9 7 1 . . . . .1 1 9 7 2 . . . . .1 1 9 7 3 .... . | 1 9 7 4 . . . . .1 i 1 1 9 7 5 . . . . .1 1 9 7 6 . . . . .1 * 5 1 .2 5 1 .7 5 2 .3 5 1 .7 5 1 .8 6 .5 6 .4 6 .2 6 .4 6 .6 9 .9 1 0 .2 1 0 .5 1 0 .3 10.1 9 .9 1 0.2 10. 5 1 0 .3 1 0 .1 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 1 1 .9 1 2 .0 1 1 .9 1 1 .6 1 1 .6 2 .9 2 .9 3 .6 3 .6 3 .6 2 0 .0 2 0 .1 2 0 .1 1 9 .9 1 9 .8 5 3 .6 5 4 .0 5 3 .8 5 4 .7 5 7 .3 6 .9 6 .6 6 .5 6 .7 7 .0 1 0 .5 1 0 .8 1 1 .5 12.1 1 2 .7 1 0 .5 1 0.8 1 1 .5 12.1 1 2 .7 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 1 2 .2 1 2 .2 1 2 .2 1 2 .0 1 2 .1 3 .6 3 .8 3 .9 4 .0 4 .3 2 0 .5 2 0 .5 1 9 .9 1 9 .9 2 1 .3 5 8 .0 5 7 .7 5 6 .7 5 6 .3 5 6 .2 7 .0 7 .2 7 .4 7 .5 7 .4 1 3 .2 1 3 .6 1 3 .9 1 4 .2 1 4 .9 1 3 .2 1 3 .6 1 3 .9 1 4 .2 1 4 .9 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 1 1 .4 1 0 .7 9 .8 8 .9 8 .1 4 .5 4 .6 4 .6 4 .5 4 .1 2 1 .8 2 1 .6 2 1 .0 2 1 .1 2 1 .7 5 6 .8 5 6 .4 7 .3 7 .0 1 6 .4 1 7 .6 1 6 .4 1 7 .6 ***** ***** ***** ***** 7 .7 7 .4 3 .9 3 .7 2 1 .4 2 0 .7 1 9 4 5 ......... 1946......... 1947.......... 1 948......... 1949......... 17 TABLE 131.1 OUTSTANDING FARM NO N -REAL-ESTATE D E B T , JAN UARY 1 AMOUNTS IN M IL L IO N S OF DOLLARS 1 f 1 YEAR 1 f 1 1 1 1 1940.......... 1 1 941......... I 1942......... 1 1 943......... .1 1944......... 1 | DEBT IN C LU D IN G CCC LOANS TOTAL CCC LOANS t 1 1 1 1 1 1 1 1 I I I 1 | j DEBT EXCLUD ING CCC LOANS 1 C O O PERA TIVE FARM C R E D IT SYSTEM | 1 1 FARMERS » PRODUCTION FED ERA L 1 HOME TOTAL C R E D IT IN T E R M E D I- | A D M IN IS 1 A SSO C IA ATE C R E D IT I 1 TRA TIO N BANKS 1 1 __________________ T IO N S 1 | IN D IV ID U A L S 1 AND | OTHERS | 1 TOTAL BANKS 3004. 3 34 7. 3483. 3172. 2 888. 900. 984. 1073. 924. 936. 186. 203. 223. 221. 2 31 . 153. 171. 1 66 . 183. 1 97. 32. 32. 37. 38. 34. 418. 461. 487. 527. 522. 1500. 170 0. 1700. 1 50 0. 1200. 3449. 3977. 4093. 3945. 3477. 445. 629. 610. 773. 589. 1 1 1 1 I 1 3402. 3 14 5. 3516. 4174. 6 08 2. 683. 277. 65. 84. 1152. 1 1 I I 1 | 2 72 0. 2868. 3451. 4090. 4930. 949. 1034. 1 28 9. 1593. 1 946. 218 . 221 . 262. 3 27 . 423. 188. 1 95 . 230. 289. 367. 30. 26. 32. 38. 56. 453. 413. 400. 371. 342. 1100. 1 20 0. 1500. 1 80 0. 2220. 1950......... 1 1951......... 1 1952......... f 1 9 5 3 . . . . . ►1 1954......... .1 j1 1955......... . 1 1956......... . 1 1957......... ►1 1 9 5 8 ...... 1 1959......... ►1 1 1 1960......... >1 1961......... >1 1962......... .1 1963......... >1 1964......... .1 i 1 1 9 6 5 . . . . - *1 196 6 ......... .1 1 9 6 7 . . . . . .1 1 9 6 8 . . . . . >1 1 9 6 9 . . . . . .1 i 1 1970......... >1 1 9 7 1 . . . . . .1 1 9 7 2 . . . . . >1 1 9 7 3 . . . . . .» 1 9 7 4 . . . . . . ►1 1 1 6 87 5. 6938. 7 98 2. 8859. 9194. 172 1. 812. 5 88 . 1 184. 2390. 1 1 f 1 I j 5154. 6 12 6. 7393. 7 67 5. 6804. 2 04 9. 2524. 3120. 3195. 2 76 3. 438. 513 . 639. 682. 6 05 . 387 . 451. 561. 599. 542. 51. 62. 78. 83. 64. 347. 329. 304. 338. 376. 2 320. 2 76 0. 3330. 3460. 3 06 0. 9 41 6. 9781. 9 52 2. 10029. 1 2 5 58 . 2219. 1870. 1563. 1 21 5. 2473. 7196. 7910. 7 96 0. 8814. 10085. 2934. 3308. 3280. 3605. 4161. 635. 7 06 .' 759. 9 53 . 1198. 5 77 . 644. 699. 886. 1 11 5. 5 8. 62. 60. 67. 84. 417. 40,6. 431. 436. 406. 3210. 3490. 3 49 0. 3 82 0. 4320. 1 2 6 93 . 133 59 . 145 67 . 16219. 1 75 83 . 1 16 5. 1 390. 1 86 6. 2055. 1926. 11528. 119 69 . 12701. 14164. 15657. 4819. 4991. 5 316. 5 979. 6652. 145 1. 1 56 8. 1 739. 1 94 9. 2231. 1 36 1. 148 0. 1640. 1839. 2 10 5. 90. 88. 99. 110. 126 . 398. 420. 496. 556. 5 94. 4860. 4 99 0. 5 15 0. 5 68 0. 6 18 0. 1 79 09 . 19471. 20950. 2 22 54 . 2 30 58 . 1543. 1 40 8. 1157. 1 42 0. 2671. 163 66 . 18062. 1 97 94 . 20834. 203 87 . 6 99 0. 7 67 7. 8533. 9 27 2. 9720. 2402. 2 71 8. 3173. 3 69 4. 4006. 2 27 8. 2579. 3016. 3518. 3 82 6. 125. 140. 157. 176. 180. 644. 717. 737. 798. 822. 6330. 6950. 7350. 7070. 5840. 23843. 24138. 26906. 29587. 3 28 84 . 2676. 1876. 2262. 1 79 3. 750. 1 1 I I | 1 1 I 1 1 1 I 1 1 I I | 1 | ■ 1 1 1 1 | 1 1 1 2 11 68 . 222 62 . 246 44 . 2 7 7 94 . 3 21 34 . 1 0330. 11102. 1 2 4 98 . 143 15 . 17167. 4713. 5 515. 6315. 6859. 8160. 4495. 5295. 6078. 6607. 7829. 218. 220. 237. 2 51. 331. 785. 795. 771. 780. 877. 534 0. 4 85 0. 5 06 0. 5 84 0. 5 930. 35226. 3 9 4 06 . 1 82 38 . 20160. 9893. 11124. 9519. 10773. 374. 350. 1044. 1 77 2. 6050. 6 35 0. 1 945.......... 1946.......... 1 947......... 1 948......... 1 94 9 ......... 35544. 1 9 7 5 . . . . , .1 1 9 7 6 . . . . , .1 3 9 7 63 . j _______________ 319. 358. 1 | 1 TABLE 131*2 OUTSTANDING FARM NON-REAL-ESTATE DEBT CHANGE DURING YEAR IN M IL L IO N S OF DOLLARS DEBT IN C LU D IN G CCC LOANS 1 940.......... 1941.......... 1942.......... 1 943.......... 1944.......... 1 1 1 1 1 1 1 | 1 1 1 1 1 1 528. 116. -148. -468. -75. 184. -19. 163. -183. 94. 1 945.......... 194 6 .......... 1947.......... 1948.......... 1949.......... 1 I 1 1 1 -257. 371. 6 58. 1 908. 793. -406. -212. 19. 1 068. 569. 1 1 1 I 1 i 1 1955.......... 1 1 956.......... I 195 7 .......... 1 1 958.......... 1 1959.......... 1 i1 1 96 0 ......... .1 1 96 1 ......... 1 1962.......... 1 1 963......... >t 1964......... ■1 iI 1965......... 1966......... I 1 967......... I 1968......... ►1 1969......... .1 63. 1044. 877. 335. 2 22. -910. -223. 596 . 1206. -171. 365. -258. 506. 2529. 135. -349. -308. -348. 1 259. -1308. 6 66 . 1208. 1652. 1364. 326. 225. 476. 189. -129. -383. 1561. 1479. 1304. 804. 785. -135. -252. 2 63 . 1 25 1. 5. 294 . 276 9. 2 681. 329 7. 266 0. -800. 3 86 . -469. -1 0 4 3 . -432. 4219. 39. YEAR 1 1 1 1 1950.......... 1 95 1 .......... 1952.......... 1953.......... 1 954.......... !i 1 9 7 0 ...., 1971......... .1 1 9 7 2 ...., 1 9 7 3 ...., 1974......... I 1 1 9 7 5 ..... | I DEBT EXCLUD ING CCC LOANS 1 I TOTAL CCC LOANS 1 1 1 1 TOTAL | 1 1 | 1 1 1 1 C O O PERA TIVE FARM C R E D IT SYSTEM | 1 1 FARMERS BANKS 1 PRODUCTION FED ERA L I HOME 1 TOTAL C R ED IT IN T E R M E D I—I A D M IN IS 1 A SSO C IA ATE C R E D IT ! TRATION ____ H O N S __ BANKS___ L _L 1 IN D IV I D U A L S | AND I OTHERS 1 1 1 I 1 1 I 1 iI 1 t 1 1 1 I 1 1 1 1 1 i1 1 1 1 1 1 iI 1 1 1 1 1 1 1 1 1 I 1 1 i I 1 1 1 1 1 1 1 i __L 343. 136. -311. -284. -168. 84. 89. -149. 12. 13. 17. 20. -2. 10. -12. 17. 15. -3. 14. -8. 0. 5. 0. -4. -4. 42. 2 6. 41. -6. -69. 200. 0. -200. -300. -100. 149. 583. 639. 840. 223. 85. 255. 304. 353. 103. 3. 40. 65. 96. 16. 6. 35. 59. 78. 21. -3. 5. 6. 18. -5. -39. -13. -30. -28. 4. 100. 3 00. 300. 4 20 . 100. 972. 1267. 282. -871. 393. 475. 596. 75. -432. 1 71 . 74. 126. 43. -77. 30. 63. 111. 38. -58. 35. 11. 16. 5. -19. -5. -17. -25. 3 4. 38. 42. 440. 570. 130. -400. 150. 714. 49. 854. 1271. 1443. 375. -29. 3 25 . 555. 659. 71. 53. 194. 245 . 252 . 67. 55. 187. 229. 247. 4. -2. 7. 17. 6. -12. 25. 5. -30. —8 . 280. 0. 3 30 . 500. 540. 442. 732. 1 46 3. 1 49 3. 709. 172 . 324. 664. 673. 338. 117. 171. 210. 283 . 171. 1 19 . 160. 199. 2 67 . 172. -1. 10. 11. 1 6. -1. 22. 77. 60. 38. 5 0. 130. 160. 530. 500. 1 50 . 1 696. 1 731. 1 041. -447. 780. 687. 857. 738. 448. 610. 3 16. 454. 522. 3 12 . 7 07 . 301. 4 37 . 502. 308. 669. 15. 17. 1 9. 4. 38. 73. 2 0. 61. 2 4. -37. 6 20 . 400. -280. -1230. -500. 1094. 2 38 3. 3 15 0. 4340. 3092. 772. 1 397. 1817. 2852. 1071. 802 . 800. 544. 1302. 1733. 800. 783. 530. 1221. 1691. 2. 1 7. 14. 80. 42. 10. -24. 10. 97. 167 . -490. 2 10. 780. 90. 120. 4180. 1922. 1 23 0. 1 25 4. -24. 728. 300. TABLE 131.3 OUTSTANDING FARM NON-REAL-ESTATE DEBT PERCENTAGE CHANGE DURING YEAR YEAR I I 1 1 1 1 1 1 940.......... 1941.......... 1942.......... 1943.......... 1 944.......... DEBT IN C LU D IN G CCC LOANS TOTAL CCC LOANS 1 1 1 1 I 1 1 DEBT EXCLUD ING CCC LOANS TOTAL 1 1 1 B ANK S 1 1 C O O PERA TIVE FARM C R E D IT SYSTEM 1 1 1 FARMERS PRODUCTION FED ERA L 1 HOME 1 C R E D IT IN T E R M E D I- f A D M IN IS 1 TOTAL A SSO C IA ATE C R E D IT | TRATION 1 | IIN D IV ID U A L S 1 AND I OTHERS 1 nsm ________ BAMS__ I____________ L 1 I 1 1 1 i 1 1945.......... I 194 6 .......... 1 1 94 7 .......... I 1948.......... | 1949.......... 1 Ii 1 950.......... | 195 1 .......... 1 19 52.......... I 195 3 ..........,| 1954.......... I i 1 5 .3 2 .9 - 3 .6 - 1 1 .9 - 2 .2 4 1 .4 - 3 .1 2 6 .6 - 2 3 .7 1 5 .9 1 1 .4 4 .0 - 8 .9 - 9 .0 - 5 .8 9 .3 9 .1 - 1 3 .9 1 .2 1 .4 9 .3 9 .8 - 1 .1 4 .5 - 5 .4 1 1 .3 8 .7 - 1 .6 7 .7 - 4 .2 0 .2 1 5 .5 1 .3 - 1 0 .5 - 1 2 .1 1 0 .1 5 .7 8 .3 - 1 .1 - 1 3 .3 1 3 .3 0 .0 - 1 1 .8 - 2 0 .0 - 8 .3 - 7 .6 1 1 .8 1 8 .7 4 5 .7 1 3 .0 - 5 9 .4 - 7 6 .6 2 8 .8 1 2 7 8 .6 4 9 .4 5 .5 2 0 .3 1 8.5 2 0 .5 4 .5 9 .0 2 4 .7 2 3 .6 2 2 .2 5 .3 1 .5 1 8 .3 2 4 .9 2 9 .2 3 .7 3 .4 1 8 .1 2 5 .7 2 6 .9 5 .6 - 1 1 .1 1 9 .7 1 9 .6 4 7 .0 - 8 .8 - 8 .7 - 3 .2 - 7 .4 - 7 .7 1 .3 9 .1 2 5 .0 2 0 .0 2 3 .3 4 .5 0 .9 1 5 .0 1 1 .0 3 .8 2 .4 - 5 2 .8 - 2 7 .5 1 0 1 .3 1 0 1 .9 - 7 .1 1 8.9 2 0 .7 3 .8 - 1 1 .4 5 .8 2 3 .2 2 3 .6 2 .4 - 1 3 .5 l6. 2 1 7 .0 2 4 .7 6 .7 - 1 1 .3 4 .9 1 6 .3 2 4 .6 6 .8 - 9 .6 6 .5 - 2 2 .1 2 5 .4 6 .5 - 2 3 .4 - 8 .3 - 5 .0 - 7 .7 1 1 .1 1 1 .2 11.1 1 9 .0 2 0 .7 3 .9 - 1 1 .6 4 .9 1955........... 1 1956......... ,| 1 957......... . 1 195 8 .......... | 1959.......... 1 ■ 3 .9 - 2 .6 5 .3 2 5 .2 1.1 - 1 5 .7 - 1 6 .4 - 2 2 .3 1 0 3 .6 - 5 2 .9 9 .9 0 .6 1 0 .7 1 4 .4 1 4 .3 1 2.8 - 0 .9 9 .9 1 5 .4 1 5 .8 1 1 .2 7 .5 2 5 .5 2 5 .7 2 1 .1 1 1 .7 8 .5 2 6 .7 2 5 .8 2 2 .1 6 .2 - 3 .1 1 2 .0 2 4 .6 7 .0 - 2 .8 6 .2 1 .2 - 6 .9 - 2 .0 8 .7 0 .0 9 .5 1 3 .1 1 2 .5 1960......... , 1 1961......... , | 1962......... ,| 1 963......... , I 1964......... . 1 i 1 1965......... . | 196 6 ......... . | 1967......... ,1 1 968......... , | 1969......... ►1 1 1 97 0 ......... .1 1 971......... 1 972......... ►| 197 3 ......... >| 1 9 7 4 ....,, | | 5 .2 9 .0 1 1 .3 8 .4 1 .9 1 0 .3 3 4 .2 1 0 .1 - 6 .3 - 1 9 .9 3 .8 6 .1 1 1.5 1 0 .5 4 .5 3 .6 6 .5 1 2 .5 11.2 5 .1 8 .1 1 0 .9 1 2 .1 1 4 .5 7 .7 8 .7 1 0 .8 1 2 .1 1 4 .5 8 .2 - 1 .3 1 1 .7 1 1 .0 1 4 .6 - 0 .8 5 .5 1 8 .3 12.1 6 .8 8 .4 2 .7 3 .2 1 0 .3 8 .8 2 .4 8 .7 7 .6 6 .2 3 .6 3 .4 - 8 .7 - 1 7 .9 2 2 .8 8 8 .1 0 .2 1 0 .4 9 .6 5 .3 - 2 .1 3 .8 9 .8 1 1 .2 8 .7 4 .8 6 .3 1 3 .2 1 6 .7 1 6 .4 8 .4 1 7 .6 1 3 .2 1 6 .9 1 6 .7 8 .8 1 7 .5 1 1 .9 1 2 .5 1 2 .4 2 .1 2 0 .9 1 1 .4 2 .9 8 .2 3 .0 - 4 .5 9 .8 5 .8 - 3 .8 - 1 7 .4 - 8 .6 1 .2 1 1 .5 1 0 .0 1 1.1 8 .1 - 2 9 .9 2 0 .6 - 2 0 .7 - 5 8 .2 - 5 7 .6 5 .2 1 0 .7 1 2 .8 1 5 .6 9 .6 7 .5 1 2 .6 1 4 .5 1 9 .9 6 .2 1 7 .0 1 4 .5 8 .6 1 9 .0 2 1 .2 1 7 .8 1 4 .8 8 .7 1 8 .5 2 1 .6 1 .0 7 .7 6 .0 3 1 .9 1 2 .8 1 .2 - 3 .0 1 .2 1 2 .4 19.1 - 9 .2 4 .3 1 5 .4 1 .5 2 .0 1 975......... .1 1 1 .9 1 2 .3 1 1 .9 1 0 .5 1 2 .4 1 3 .2 - 6 .3 6 9 .7 5 .0 1 J__________ O U T S T A N D I N G FARM NON-RE AL— ESTATE DEBT » J A N U A R Y 1 P E R C EN TA GE OF TOTAL CINCLUDING CCC LOANS) DEBT IN C LU D IN G f DEBT EXCLUDING CCC LOANS CCC LOANS | _ ___________________________________________________ _________ _______________________________________________ ______________________ _ _ J I | CO OPERATIVE FARM C R ED IT SYSTEM I f _________________ ___ ________________ I FARMERS | IN D IV ID U A L S I I 1 TOTAL CCC I BANKS PRODUCTION TOTAL FED ERA L 1 HOME | AND ! C RED IT LOANS IN T E R M E D I- I A D M IN IS - | OTHERS 1 TOTAL A SSO C IA ATE C R E D IT ! TRATION 1 1 TIO NS BANKS 1 1 1 1940, 1941, 1942, 1943, 1944, 1 0 0 .0 1 00 .0 1 00 .0 1 0 0 .0 1 00 .0 1 2 .9 1 5 .8 1 4 .9 1 9 .6 1 6 .9 1945, 1946, 1947, 1948 1949, 1 00 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 2 0 .1 8 .8 1 .8 2 .0 1 8 .9 1950, 1951, 1952 1953 1954 1 00 .0 100 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 2 5 .0 1 1 .7 7 .4 1 3 .4 2 6 .0 1955 1956 1957 1958 1959 100 .0 100 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1960 1961 1962 1963 1964 67. 1 8 4 .2 6 5 .1 80.4 83*1 26. 1 24.7 2 6 .2 23.4 26.9 5.4 5.1 5.4 4.4 4.3 4.5 4.6 5.7 0 .9 0 .8 0 .9 1 .0 1 .0 1 2 .1 1 1 .6 1 1 .9 1 3 .4 1 5 .0 4 3 .5 4 2 .7 4 1 .5 3 8 .0 3 4 .5 6 .4 5.5 6 .2 6 .5 6 .9 6.0 0 .4 0 .8 0 .9 0 .9 0 .9 1 3 .3 13.1 1 1 .4 8 .9 5 .6 3 2 .3 3 8 .2 4 2 .7 4 3 .1 3 6 .5 5 .6 6.6 9 1 .2 9 8 .2 9 8 .0 27.9 32.9 36.7 38.2 81.1 3 2 .0 7.0 7.4 7.8 6.9 75.0 8 8 .3 9 2 .6 8 6 .6 7 4 .0 29.8 36. 4 39.1 36 * 1 30.0 6.4 7 ®4 8.0 7.7 6.6 5.6 6*5 7,0 6.8 5.9 0 .7 0 .9 1 .0 0 .9 0 .7 5 .0 4 .7 3 .8 3 .8 4 .1 3 3 .7 3 9 .8 4 1 .7 3 9 .1 3 3 .3 2 3 .6 1 9 .1 1 6 .4 1 2 .1 1 9 .7 7 6 .4 8 0 .9 8 3 .6 8 7 .9 8 0 .3 31.2 33.8 34.4 35.9 33.1 6.7 7.2 8.0 9.5 9.5 6.1 6.6 7.3 8.8 8 .9 0 .6 0 .6 0 .6 0 .7 0 .7 4 .4 4 .1 4 .5 4 .3 3 .2 3 4 .1 3 5 .7 3 6 .7 3 8 .1 3 4 .4 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 00.0 9 .2 1 0 .4 1 2 .8 1 2 .7 1 1 .0 9 0 .8 8 9 .6 8 7 .2 8 7 .3 8 9 .0 38.0 1 1 .4 1 1 .7 10.7 11.1 1 1 .3 1 1 .3 1 2.0 0 .7 0 .7 0 .7 0 .7 0 .7 3 .1 3 .1 3 .4 3 .4 3 .4 3 8 .3 3 7 .4 3 5 .4 3 5 .0 3 5 .1 1965 1966 1967 1968 1969 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 00 .0 8 .6 7 .2 5 .5 6 .4 1 1 .6 9 1 .4 9 2 .8 9 4 .5 9 3 .6 41.7 1 4 .0 15.1 1 6 .6 88.4 4 2 .2 17.4 1 2 .7 1 3.2 1 4 .4 1 5 .8 1 6 .6 0 .7 0 .7 0 .7 0 .8 0 .8 3 .6 3 .7 3 .5 3 .6 3 .6 3 5 .3 3 5 .7 3 5 .1 3 1 .8 2 5 .3 1970 1971 1972 1973 1974 1 00 .0 1 00 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 1 .2 7 .8 8 .4 6 .1 2 .3 88.8 92.2 91 .6 4 3 .3 4 6 .0 4 6 .5 4 8 .4 5 2 .2 1 9 .8 2 2 .8 2 3 .5 2 3 .2 2 4 .8 1 8.9 2 1 .9 2 2 .6 2 2 .3 2 3 .8 0 .9 0 .9 0 .9 0 .8 1 .0 3 .3 3 .3 2 .9 2 .6 2 .7 2 2 .4 2 0 .1 1 8 .8 1 9 .7 1 8 .0 1975 1 0 0 .0 1 0 0 .0 0 .9 0 .9 99.1 5 1 .3 9 9 .1 50.7 2 7 .8 2 8 .0 2 6 .8 2 7 .1 1 .1 0 .9 2 .9 4 .5 1 7 .0 1 6 .0 79.9 9 3 .9 9 1 ,1 3 7 .4 36.5 36.9 37.8 3 9 .0 3 9 .4 4 0 .7 11.9 12.0 1 2 .7 13.4 21 OUTSTANDING FARM NON-REAL-ESTATE DEBT, JANUARY 1 PERCENTAGE OF TOTAL (EXCLUDING CCC LOANS) C O O PERA TIVE FARM C R E D IT SYSTEM | _____________________________________________I FARMERS PRODUCTION HOME FED ERA L 1 C R ED IT IN T E R M E D I- I A D M IN IS TOTAL TRATION ASSOC IA ATE C R E D IT I BAN KS 1 ___T IO N S TOTAL BANKS 1940, 1941 1942 1943 1944 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 3 0 .0 2 9 .4 3 0 .8 2 9 .1 3 2 .4 6 .2 6 .1 6 .4 7 .0 8 .0 5 .1 5 .1 5 .3 5 .8 6 .8 1 .1 1 .0 1.1 1 .2 1 .2 1 3 .9 1 3 .8 1 4 .0 1 6 .6 1 8.1 1945 1946 1947 1948 1949 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 3 4 .9 3 6 .0 3 7 .4 3 8 .9 3 9 .5 8 .0 7 .7 7 .6 8 .0 8 .6 6 .9 6 .8 6 .7 7 .1 7 .4 1 .1 0 .9 0 .9 0 .9 1 .1 1 6 .6 1 4 .4 1 1 .6 9 .1 6 .9 1950 1951 1952 1953 1954 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 3 9 .8 4 1 .2 4 2 .2 4 1 .6 4 0 .6 8 .5 8 .4 8 .6 8 .9 8 .9 7 .5 7 .4 7 .6 7 .8 8 .0 1 .0 1 .0 1 .1 1 .1 0 .9 6 .7 5 .4 4 .1 4 .4 5 .5 1955 1956 1957 1958 1959 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 4 0 .8 4 1 .8 4 1 .2 4 0 .9 4 1 .3 8 .8 8 .9 9 .5 1 0.8 1 1 .9 8 .0 8 .1 8 .8 1 0 .1 11.1 0 .8 0 .8 0 .8 0 .8 0 .8 5 .8 5 .1 5 .4 4 .9 4 .0 1960 1961 1962 1963 1964 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 4 1 .8 4 1 .7 4 1 .9 4 2 .2 4 2 .5 1 2 .6 1 3 .1 1 3 .7 1 3 .8 1 4 .3 1 1 .8 1 2 .4 1 2 .9 1 3 .0 1 3 .4 0 .8 0 .7 0 .8 0 .8 0 .8 3 .4 3 .5 3 .9 3 .9 3 .8 1965 1966 1967 1968 1969 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 4 2 .7 4 2 .5 4 3 .1 4 4 .5 4 7 .7 1 4 .7 1 5 .1 1 6 .0 1 7 .7 1 9 .6 1 3 .9 1 4 .3 1 5 .2 1 6 .9 1 8 .8 0 .8 0 .8 0 .8 0 .8 0 .9 3 .9 4 .0 3 .7 3 .8 4 .0 1970 1971 1972 1973 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 4 8 .8 4 9 .9 5 0 .7 5 1 .5 5 3 .4 2 2 .3 2 4 .8 2 5 .6 2 4 .7 2 5 .4 2 1 .2 2 3 .8 2 4 .7 2 3 .8 2 4 .4 1 .0 1 .0 1 .0 0 .9 1 .0 3 .7 3 .6 3 .1 2 .8 2 .7 1 0 0 .0 1 0 0 .0 5 1 .8 5 1 .2 2 8 .1 2 8 .2 2 7 .0 2 7 .3 1 .1 0 .9 3 .0 4 .5 I I 1 | TABLE 131.6 OUTSTANDING FARM NON-REAL-ESTATE DEBT, JANUARY 1 PERCENTAGE OF TOTAL FARM DEBT INCLUDING CCC LOANS YEAR 1 1 1 1 1 1 1 DEBT IN C LU D IN G CCC LOANS TOTAL CCC LOANS 3 4 .4 3 8 .0 3 9 .1 3 9 .8 3 9 .2 4 .4 6 .0 5 .8 7 .8 6 .6 4 0 .8 3 9 .8 4 1 .8 4 5 .2 5 3 .5 8 .2 3 .5 0 .8 0 .9 1 0 .1 5 5 .2 5 3 .2 5 4 .5 5 5 .0 5 4 .3 1 3 .8 6 .2 4 .0 7 .4 14.1 5 3 .3 5 2 .0 4 9 .2 4 9 .1 5 3 .1 1 2 .6 1 0 .0 8 .1 6 .0 1 0 .5 5 1 .2 5 1 .0 5 1 .2 5 1 .7 5 1 .1 4 .7 5 .3 6 .6 6 .5 5 .6 4 8 .7 4 7 .9 4 7 .6 4 7 .0 4 5 .7 4 .2 3 .5 2 .6 3 .0 5 .3 4 5 .0 4 4 .3 4 5 .5 4 5 .3 4 4 .4 5 .0 3 .4 3 .8 2 .7 1 .0 4 3 .4 4 3 .8 0 .4 0 .4 1 L 1 1 1 1 1 DEBT EXCLUD IN G CCC LOANS _______ TOTAL I 1 I 1 1 BANKS 1 C O O PERA TIVE FARM C R E D IT SYSTEM | 1 .... .. ...... ...._ _______ ________ 1 FARMERS PRODUCTION FED ERA L ! HOME I C R E D IT IN T E R M E D I- | A D M IN IS 1 TOTAL A SSO C IA ATE C R E D IT | TRATION 1 1 |IN D IV ID U A L S I AND 1 OTHERS 1 J i m s __________ BAMS,. J_______________ L 1940.......... 1941.......... 1 942.......... 1 943.......... 1 944.......... 1 1 1 I 1 1 1 194 5 .......... 1 1946.......... I 1 947.......... 1 1946.......... 1 1949.......... I 1 1 1 950......... 1 1 95 1 ......... >1 195 2 ......... ,1 1953......... ,| 1954......... >1 1 1 1 9 5 5 . . . . . ,1 1956......... ,| 1957......... ►1 1 95 8 ......... .1 1 9 5 9 . . . . , .1 1 I9 6 0 ......... .1 1 9 6 1 . . . . , >1 1 9 6 2 . . . . , >1 1 963 ......... >| 1 9 6 4 . . . . , »1 i 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 i 1 1 9 7 0 . . . . , .1 1 9 7 1 .... . I 1 9 7 2 . . . . .1 1 9 7 3 . . . . .1 1 9 7 4 ....,. | i I 1 9 7 5 . . . . •1 1 9 7 6 . . . . .1 » I 1 1 1 1 1 1 1 1 1 f I 1 l 1 1 1 1 1 1 1 1 1 » 1 1 1 1 I 1 t 1 1 1 1 1 1 1 1 1 1 1 1 I 1 1 1 1 1 1 __ L - 2 9 .9 3 2 .0 3 3 .3 3 2 .0 3 2 .5 9 .0 9 .4 1 0 .3 9 .3 1 0 .5 1 .9 1 .9 2 .1 2 .2 2 .6 1 .5 1 .6 1 .8 1 .8 2 .2 0 .3 0 .3 0 .4 0 .4 0 .4 4 .2 4 .4 4 .6 5 .3 5 .9 1 4 .9 1 6 .2 1 6.2 1 5 .1 1 3 .5 3 2 .6 3 6 .3 4 1 .0 4 4 .3 4 3 .4 1 1 .4 13. 1 1 5.3 1 7.2 17.1 2 .6 2 .8 3 .1 3 .5 3 .7 2 .3 2 .5 2 .7 3 .1 3 .2 0 .4 0 .3 0 .4 0 .4 0 .5 5 .4 5 .2 4 .8 4 .0 3 .0 1 3 .2 1 5 .2 1 7.8 1 9 .5 1 9 .5 4 1 .4 4 6 .9 5 0 .5 4 7 .7 4 0 .2 1 6 .5 19.3 2 1 .3 1 9 .8 1 6 .3 3 .5 3 .9 4 .4 4 .2 3 .6 3 .1 3 .5 3 .8 3 .7 3 .2 0 .4 0 .5 0 .5 0 .5 0 .4 2 .8 2 .5 2 .1 2 .1 2 .2 1 8 .6 2 1 .1 2 2 .7 2 1 .5 1 8.1 4 0 .7 4 2 .1 4 1 .1 4 3 .2 4 2 .6 1 6 .6 1 7 .6 1 7 .0 1 7 .7 1 7 .6 3 .6 3 .8 3 .9 4 .7 5 .1 3 .3 3 .4 3 .6 4 .3 4 .7 0 .3 0 .3 0 .3 0 .3 0 .4 2 .4 2 .2 2 .2 2 .1 1 .7 1 8 .2 1 8 .6 1 8 .0 1 8 .7 1 8 .3 4 6 .5 4 5 .7 4 4 .6 4 5.1 4 5 .5 1 9 .5 19.1 1 8 .7 19. 1 1 9 .3 5 .9 6 .0 6 .1 6 .2 6 .5 5 .5 5 .7 5 .8 5 .9 6 .1 0 .4 0 .3 0 .3 0 .3 0 .4 1 .6 1 .6 1 .7 1.8 1 .7 1 9 .6 19.1 18.1 1 8.1 1 8 .0 4 4 .5 4 4 .4 4 5 .0 4 4 .0 4 0 .4 1 9 .0 1 8 .9 1 9 .4 1 9.6 1 9 .3 6 .5 6 .7 7 .2 7 .8 7 .9 6 .2 6 .3 6 .8 7 .4 7 .6 0 .3 0 .3 0 .4 0 .4 0 .4 1 .7 1 .8 1 .7 1 .7 1 .6 1 7 .2 1 7 .1 1 6 .7 1 4 .9 1 1 .6 3 9 .9 4 0 .9 4 1 .7 4 2 .5 4 3 .3 1 9 .5 2 0 .4 2 1 .1 2 1 .9 2 3 .2 8 .9 1 0.1 1 0 .7 1 0 .5 1 1 .0 8 .5 9 .7 1 0 .3 1 0.1 1 0 .6 0 .4 0 .4 0 .4 0 .4 0 .4 1 .5 1 .5 1 .3 1 .2 1 .2 1 0.1 8 .9 8 .6 8 .9 8 .0 4 3 .0 4 3 .4 2 2 .3 2 2 .2 1 2 .1 1 2 .2 1 1 .6 1 1 .9 0 .5 0 .4 1 .3 2 .0 7 .4 7 .0 OUTSTANDING FARM NO N -REAL-ESTATE D E B T , JANUARY 1 EXCLUDING CCC LOANS PERCENTAGE OF TOTAL FARM DEBT EXCLUD ING CCC LOANS TOTAL 1 BANKS 1 1 » 1 C O O PERA TIVE FARM C R ED IT SYSTEM | _____________________________________________I FARMERS PRODUCTION FED ERA L I HOME C R E D IT TOTAL IN T E R M E D I- 1 A D M IN IS A SSO C I A— ATE C R E D IT I TRATION _ _ T IO N S ____ ..B A N K S 1 1940 1941 1942 1943 1944 3 1 .3 3 4 .0 3 5 .3 3 4 .7 3 4 .9 9 .4 1 0 .0 1 0 .9 1 0 .1 1 1 .3 1 .9 2 .1 2 .3 2 .4 2 .8 1 .6 1 .7 1 .9 2 .0 2 .4 0 .3 0 .3 0 .4 0 .4 0 .4 4 .4 4 .7 4 .9 5 .8 6 .3 1945 1946 1947 1948 1949 3 5 .5 3 7 .6 4 1 .3 4 4 .7 4 8 .2 1 2 .4 1 3 .6 1 5 .4 1 7 .4 1 9 .0 2 .8 2 .9 3 .1 3 .6 4 .1 2 .5 2 .6 2 .8 3 .2 3 .6 0 .4 0 .3 0 .4 0 .4 0 .5 5 .9 5 .4 4 .8 4 .0 3 .3 1950 1951 1952 1953 1954 4 8 .0 5 0 .1 5 2 .6 5 1 .5 4 6 .8 1 9.1 2 0 .6 2 2 .2 2 1 .4 1 9 .0 4 .1 4 .2 4 .5 4 .6 4 .2 3 .6 3 .7 4 .0 4 .0 3 .7 0 .5 0 .5 0 .6 0 .6 0 .4 3 .2 2 .7 2 .2 2 .3 2 .6 1955 1956 1957 1958 1959 4 6 .6 4 6 .7 4 4 .8 4 5 .9 4 7 .6 1 9 .0 1 9 .6 1 8 .4 1 8 .8 1 9 .6 4 .1 4 .2 4 .3 5 .0 5 .7 3 .7 3 .8 3 .9 4 .6 5 .3 0 .4 0 .4 0 .3 0 .4 0 .4 2 .7 2 .4 2 .4 2 .3 1 .9 1960 1961 1962 1963 1964 4 8 .8 4 8 .3 4 7 .7 4 8 .3 4 8 .2 2 0 .4 2 0 .1 2 0 .0 2 0 .4 2 0 .5 6 .1 6 .3 6 .5 6 .6 6 .9 5 .8 6 .0 6 .2 6 .3 6 .5 0 .4 0 .4 0 .4 0 .4 0 .4 1 .7 1 .7 1 .9 1 .9 1 .8 1965 1966 1967 1968 1969 4 6 .4 4 6 .0 4 6 .2 4 5 .3 4 2 .7 1 9 .8 1 9 .6 1 9 .9 2 0 .2 2 0 .3 6 .8 6 .9 7 .4 8 .0 8 .4 6 .5 6 .6 7 .0 7 .7 8 .0 0 .4 0 .4 0 .4 0 .4 0 .4 1 .8 1 .8 1 .7 1 .7 1 .7 1970 1971 1972 1973 1974 4 2 .0 4 2 .3 4 3 .3 A 3 .7 4 3 .8 2 0 .5 2 1.1 2 2 .0 2 2 .5 2 3 .4 9 .4 1 0 .5 1 1 .1 1 0 .8 11.1 8 .9 1 0 .1 1 0 .7 1 0 .4 1 0 .7 0 .4 0 .4 0 .4 0 .4 0 .5 1 .6 1 .5 1 .4 1 .2 1 .2 1975 1976 4 3 .2 4 3 .6 2 2 .4 2 2 .3 1 2 .1 1 2 .3 1 1 .7 1 1 .9 0 .5 0 .4 1 .3 2 .0 AGRICULTURAL FINANCE DATABOOK— ANNUAL SERIES 200 FARM LEND IN G O PERATIO N S 2 0 1 . 1A 210 SUMMARY OF PERCENTAGE CHANGES IN FARM LEND IN G O PER A T IO N S............ . . . 2 6 LOANS OUTSTANDING , 1959-DATE............................................................................. . . 2 7 LOANS MADE, 1959-D A TE, AND NEW LOANS, 1 960-D A TE.................................. . . . 2 8 RENEWALS AND C O L L E C T IO N S , 1 9 6 0 - D A T E .......................................................... . . . 2 9 FED ERA L LAND B A N K S, 2 2 1 .1A 2 2 2 . 1A 2 2 3 . 1A 2 2 4 .1A 230 AND E X P E R IE N C E OF NONBANK IN S T IT U T IO N S PRODUCTION C R E D IT A SSO C IA T IO N S 2 1 1 .1A 2 1 2 . 1A 2 1 3 .1A 220 SEPTEMBER 1976 L IF E (E X C E P T AS NOTED) LOANS OUTSTANDING..................................................................................................... . . . 3 0 LOANS C LO SED ................................................................................................................ . . . 3 1 LOANS C LO SED , 1 970-D A TE, AND NEW MONEY LOANED..................... ...3 2 R E F IN A N C IN G , 1970-D A TE, AND R EPAYM EN TS, 1965-D A TE............................. . . 3 3 INSURANCE COMPANIES 2 3 1 . 1A 2 3 2 . 1A 2 3 3 .1A SOURCE: 1964-DATE FARM MORTGAGES O UTSTANDING, FARM MORTGAGE A C Q U IS IT IO N S , FARM MORTGAGE D IS P O S IT IO N S , 1952-D ATE....................................................... . . . 3 4 195 3-D A TE....................................................... . . . 3 4 1 953-D A TE....................................................... . . . 3 4 "PRODUCTION C RED IT A S S O C IA T IO N S — SEL E C T E D MONTHLY LOAN DATA" AND "F E D E R A L LAND BANKS— SUMMARY OF SELEC T ED MONTHLY LOAN D A T A ," TEC H N IC AL S E R V IC E S D IV IS I O N , FARM C R ED IT A D M IN IST R A T IO N ? "MONTHLY S T A T IS T IC A L R EP O R T " AND "G R O SS FLOW OF MORTGAGE LOANS IN THE U N IT ED S T A T E S , " AMERICAN COUNCIL OF L I F E IN SU R A N C E. DATA IN T H IS SEC T IO N ARE D E R IV E D QUARTERLY B A S IS ARE PRESEN T ED IN DATABOOK. I F ONLY YEAR-END DATA USE THE S E R IE S IN SEC T IO N 100 OF FROM MONTHLY R EP O R T S. S IM IL A R DATA ON A SEC T IO N 200 OF THE "Q U A RT ERLY S E R I E S " ON OUTSTANDING LOAN VOLUME ARE R E Q U IR E D , T H IS VOLUM E. FOR A B R IE F D IS C U S S IO N OF THE A N A LYT IC A L VALUE OF THESE DATA, SEE THE SEC T IO N E N T IT L E D "L E N D IN G E X P E R IE N C E OF NONBANK IN S T IT U T IO N S * IN "O V ER A LL M EASURES OF F IN A N C IA L PER FO R M A N C E," BY EMANUEL M EL IC H A R , A G R IO JLT U R AL_ FIN AN CE R EV IE W (FO RTH C O M IN G ). 25 26 TABLE 201.1A SUMMARY OF ANNUAL PERCENTAGE CHANGES IN FARM LENDING OPERATIONS AND EXPERIENCE PRODUCTION CREDIT ASSOCIATIONS FEDERAL LAND BANKS i LIFE INSURANCE COMPANIES* i CHANGE ! CHANGE FROM PREVIOUS YEAR CHANGE 1 CHANGE FROM PREVIOUS YEAR | CHANGE 1 CHANGE FROM YEAR |DURING YEAR 1 DURING YEAR! IDURING YEAR! PREVIOUS YEAR IN 1LOANS! NEW | IN IN (LOANS 1 NEW 1 REFINANCING! ! ! 1 OUTSTANDING!HADE 1LOANS!RENEWALS!COLLECTIONS OUTSTANDING!CLOSED!MONEY 1OF FED. LANDIREPAYMENTS(OUTSTANDING!ACQUI- !DISPO1 1 I AMOUNT 1 _ AMOUNT 1___ 1LOANED! BANK LOANS I_______ » AMOUNT ISITIDNSJSITIDNS ! *♦♦♦ ***♦ **** *♦** *♦** **** ♦*** *♦** **** | 1953...1 0. 11. 0. **** **** **** **** *♦♦♦ ***♦ ♦*** **** j 1954...! 9. 4. -1. • ! ♦♦♦♦ **** **** **** **** | 1955...I 24. 11* 23. ♦*** **** **** ***♦ **** **** j 1956...1 -0. 9. 3. ♦*** j ♦♦♦♦ ♦ *** **** **** **** **** 1957...1 5. -5. -21. **** *♦** **** **** **** ***♦ ♦*** | 1958...| 3. 7. 22. *♦♦♦ ♦♦♦* ♦♦♦♦ **** **♦* ♦ *** **** *♦** | 1959... I 6. 15. -3. i 1 *♦** ***♦ ***♦ **** **** ♦*** ! I960...I 4. ♦*** 9. -10. 6• -7. **** **** ♦ *** **** *♦** j 10. 1961.| 10. 8. 11. 11. 6* 19. 19. **♦* **♦* **** *♦** **** j 1962...! 12. 12. 12. 12. 11. 7. 12. 6. *♦♦♦ **** **** **** **♦* j 14. 1963...I 10. 14. 9. 7. 40. 12* 22. **** **** **** **** **** j 14. 1964..*| 4. 6. 8. 1. 12. 21. 13. i 1 *♦** | **** *♦♦♦ 9. 25. 1965...I 15. 13. 12. 8. 10. 13. 12* 18. ***♦ ***♦ 15. 16. 14. 1966...1 17. 9. 16. 18. 12. 3. 1 -13. -8. **** ♦*** 9. 19. 10. 1967...1 17. 13. 13. -1. 3. | 6. -16. -12. **** **** 9. 9. 14. -10. 1968 ... 1 7. 4. 12. 22. -8. 6. 11* 1 10. 9. 1969...I 20. 17. 17. 11. U. 3. 1 -30. -1. 6. i 1 ♦ *** **** 1970...I 18. 17. 18. 16. 7. -0. | 16. -12. -2. -42. -23. 15. 14. 10. 14. 1971...! 18. 53. 41. 25. | 123. 12. -1. 53. 19. 10. 15. 1972... | 11. 18. 44. 8. 11. 46. 36. 25. ! 41. 1* 15. 1973...I 20. 25. 31. 13. 23. 42. 20. 18. 47. 26. | 6. 43. 9. 9. 1974...! 10. 5. 24. 23. 27. 21. 12. 13. 6. | 6. -4. -1. i 1975.••! 13. 11. 8. 20. 15. 19. 7. 4. 23. ♦ FOR YEARS BEFORE 1971, DATA SHOWN FOR LIFE INSURANCE COMPANIES INCLUDE ALL FARM MORTGAGE LOANS; STARTING IN 1971, THE DATA SHOWN COVER FARM MORTGAGE LOANS IN THE UNITED STATES ONLY. 11* 1 1 7. 5. -7. TABLE 2 1 1 . LA PRODUCTION CR ED IT A S SO CI AT IO NS LOANS O U T S T A N D I N G AMOUNT 1 1 1 M IL L IO N S | CHANGE DURING YEAR YEAR 1 OF | | DOLLARS | M IL L IO N S PERCENT OF | (Y E A R - E N D )I 1 _ 1 DOLLARS I ****** ***** 1959......... ! 1 37 2. i 1 118. 1 9 6 0 ... .. | 1 49 0. 8 .6 I I 1 0 .8 1961......... ,1 1 65 2. 161. 1 2 03. 1 2 .3 1855. 196 2 ......... ►1 I 1 268. 2123. 1 4 .5 1963......... ,1 i 1 173. 8. 1 2 29 6. 1964......... , I i 1 2598. 302. 1 9 6 5 . . . . , .1 1 3 .2 i 1 444. 1 7 .1 1966. . . .«. | 3042. i 1 509. 3551. 1 6 .7 1 9 6 7 . . . . , ►I i » 8 .7 310. 3861. 1 9 6 8 . . . . , .1 i 1 672. 1 7 .4 4533. 1 9 6 9 . . . . .1 i 1 1 7 .7 801. 5 33 4. 1 9 7 0 . . . ., . | ft 1 781. 1 4 .6 6116. 1 9 7 1 . . . . , •1 i 1 519. 8 .5 6635. 1 9 7 2 . . . . .1 1 1 21 8. 1 8 .4 7853. 1 9 7 3 .... . I i 1 2 1 .0 1 64 9. 1 9 7 4 .... . | 9502. 1 1 3 .0 1240. 10742. 1 9 7 5 .... . I NUMBER OF BORROWERS 1 1 CHANGE DURING YEAR THOUSANDS | (Y E A R - E N D )| PERCENT I THOUSANDS ______________ 1 AVERAGE S IZ E 1 1 CHANGE DURING YEAR 1 DOLLARS 1 | (Y E A R - E N D )| PERCENT 1 1 DOLLARS 1 1 2 5 0 .1 ****** ***** I 5 48 5. ****** ***** 2 5 4 .2 4 .1 1 .6 I 5 86 1. 376. 6 .9 2 6 1 .3 7.1 2 .8 1 632 1. 460. 7 .8 2 6 9 .0 7 .7 2 .9 I 6 897. 576. 9 .1 2 8 1 .5 1 2 .5 4 .7 1 754 2. 645. 9 .4 2 8 8 .2 6 .7 2 .4 I 7 966. 424. 5 .6 2 9 3 .8 5 .6 1 .9 1 8 84 4. 877. 1 1 .0 2 9 9 .4 5 .6 1 .9 1 10161. 1318. 1 4 .9 3 0 6 .5 7 .1 2 .4 1 11587. 1426. 1 4 .0 3 0 3 .9 - 2 .5 - 0 .8 1 12704. 1117. 9 .6 3 0 1 .2 - 2 .7 - 0 .9 I 15050. 2346. 1 8 .5 2 9 8 .2 - 3 .0 - 1 .0 I 178 91 . 2 84 1. 1 8 .9 3 0 3 .8 5 .7 1 .9 1 20128. 22 3 7 . 1 2 .5 3 0 8 .7 4 .8 1 .6 1 2 14 96 . 1369. 6 .8 3 1 1 .9 3 .2 1 .0 I 251 80 . 3 68 3. 1 7 .1 3 2 3 .8 1 1 .9 3 .8 I 29344. 4164. 1 6 .5 3 2 8 .7 4 .9 1 .5 1 3 2 6 82 . 3 33 8. 1 1 .4 27 TABLE 212.1A YEAR 1 9 5 9 .... I9 6 0 .... 1 9 6 1 .... 1 9 6 2 .... 1 1 1 1 M IL L IO N S 1 OF | DOLLARS 1 1 1 .1 2 51 5. i •1 2 60 7. ■ 1 •1 2669. i V •I 3 21 7. ■ PRODUCTION CREDIT ASSOCIATIONS LOANS HADE AND NEW LOANS NEW LOANS LOANS MADE CHANGE FROM 1 | P R E V IO U S YEAR 1 | M IL L IO N S PERCENT OF 1 1 DOLLARS 3551. 1 9 6 3 . . . . .1 i 1 1 9 6 4 . . . . •| 3 70 5. i 1 4136. 1 9 6 5 .... . f | I 4813. 1 9 6 6 .... . I i 1 5 42 8. 1 9 6 7 .... . I ■ 1 6053. 1 9 6 8 .... . | i 1 7077. 1 9 6 9 .... . | I 1 1 9 7 0 . . . . .1 8277. i 1 1 9 7 1 . . . . .1 9 42 1. i 1 1 04 39 . 1 9 7 2 .... . | ■ 1 1 3 0 28 . 1 9 7 3 . . . . •| i 1 1 43 59 . 1 9 7 4 .... . | i 1 1 59 97 . 1 9 7 5 .... . | _ i ________________ I AS PERCENTAGE OF |LOANS OUT1 STAND IN G* C O LLEC T IO N S I CHANGE FROM 1 PR E V IO U S YEAR 1 I M IL L IO N S PERCENT 1 OF J DOLLARS _ 1 AS PERCENTAGE OF 1LOANS OUTj STANDING* COLLEC T IO N S ****** ***** ***** ***** ****** ****** ***** ***** ***** 92. 3 .7 1 90 .1 1 4 8 .3 1879. ****** ***** 1 36 .9 1 0 6 .8 262. 1 0.0 1 9 2 .5 1 5 1 .2 2 06 2. 183. 9 .8 1 3 8 .4 1 0 8 .7 348. 12.1 1 9 4 .8 1 5 2 .9 2 31 2. 250. 1 2 .1 1 4 0 .0 1 0 9 .8 333. 1 0 .4 1 9 1 .4 158 .1 2 51 8. 206. 8 .9 1 3 5 .7 112.1 154 . 4 .3 1 7 4 .5 1 56 .2 2 54 9. 31. 1 .2 1 2 0 .0 1 0 7 .5 430. 1 1 .6 186 .1 160 .1 2889. 340. 1 3 .3 1 2 5 .8 1 1 1 .8 678. 1 6 .4 1 8 5 .2 1 6 2 .0 3 41 9. 530 . 1 8 .3 1 3 1 .6 1 1 5 .1 615. 1 2 .8 1 7 8 .4 1 6 7 .0 3766. 348. 1 0.2 123 .8 1 1 5 .9 625. 1 1 .5 1 7 0 .5 1 6 2 .9 4020. 254. .6 .7 1 1 3 .2 1 08 .2 1024. 1 6 .9 1 8 3 .3 1 7 1 .0 48 23. 803. 2 0 .0 1 2 4 .9 1 16 .5 1199. 1 6 .9 1 8 2 .6 1 7 2 .5 5608. 786. 1 6 .3 1 2 3 .7 1 1 6 .9 1145. 13.8 1 7 6 .6 1 7 2 .7 6 26 9. 661. 1 1.8 1 1 7 .5 1 1 4 .9 1017. 1 0 .8 1 7 0 .7 1 6 2 .5 6 97 6. 707. 1 1 .3 114.1 1 0 6 .6 2590. 2 4 .8 1 9 6 .4 1 6 5 .1 9123. 2147. 3 0 .8 1 3 7 .5 1 1 5 .6 1331. 10.2 1 8 2 .8 1 7 3 .6 9981. 858. 9 .4 127.1 1 2 0 .6 1 63 8. 1 1 .4 1 6 8 .4 1 6 8 .4 107 48 . 767. 7 .7 113.1 113 .1 * OUTSTANDING LOANS AT END OF PR EC ED IN G Y E A R . •NEW LO ANS" ARE COMPUTED AS LOANS MADE L E S S M IL L IO N S OF DOLLARS R EN EW A LS. TABLE 213.1A PRODUCTION CREDIT ASSOCIATIONS RENEWALS AND COLLECTIONS 1 1 i YEAR 1 M IL L IO N S 1 OF f DOLLARS 1 1 1 I9 6 0 ..... 1 729 . i RENEWALS CHANGE FROM i P R E V IO U S YEAR 1 |. | M IL L IO N S PERCENT OF 1 1 DOLLARS CO LLEC TIO N S 1 AS PERCENTAGE OF |LOANS OUT1 STANDING* LOANS CO LLECTIO N S MADE AND ______________ RENEWALS M IL L IO N S OF DOLLARS CHANGE FROM 1 PR E V IO U S YEAR 1 | | M IL L IO N S OF PERCENT 1 DOLLARS 1 1 AS IPERCENTAG E | OF LOANS I OUTI STANDING* 1______________ ****** ***** 5 3.1 2 8 .0 2 9 .3 1759. ****** ***** 1 2 8 .2 807. 78. 1 0 .7 5 4 .2 2 8 .1 2 9 .8 1897. 138 . 7 .9 127.3 906 . 99. 1 2 .2 5 4 .8 2 8 .2 3 0 .1 2 10 5. 208. 1 1 .0 1 2 7 .4 1033. 127. 1 4 .0 5 5 .7 2 9 .1 3 1 .5 2247. 142. 6 .7 121.1 1 15 6. 123. 1 1 .9 5 4 .4 3 1 .2 3 2 .8 2372. 126. 5 .6 1 1 1 .7 1 24 7. 91. 7 .9 5 4 .3 3 0 .2 3 2 .5 2 584. 212. 8 .9 1 12 .5 1 9 6 6 . . . . . ►1 1 1395. 148 . 1 1 .9 5 3 .7 2 9 .0 3 1 .9 2971. 387. 1 5 .0 1 1 4 .3 1 9 6 7 . . . . . *1 1 1662. 267. 1 9.1 5 4 .6 3 0 .6 3 3 .8 3250. 279. 9 .4 1 0 6 .8 1968» . . • ,.1 i 1 1 9 6 9 ....,. I i 1 1 9 7 0 ....,. I 2 03 3. 371. 2 2 .3 5 7 .3 3 3 .6 3 5 .4 371 5. 465. 1 4 .3 1 0 4 .6 2 25 5. 221. 1 0 .9 5 8 .4 3 1 .9 3 5 .3 4140. 425. 1 1 .4 1 0 7 .2 2 66 8. 414. 1 8 .4 5 8 .9 3 2 .2 3 5 .7 4799. 659. 1 5 .9 1 0 5 .9 3 15 2. 484. 1 8.1 59.1 3 3 .5 3 6 .6 5456. 658. 1 3 .7 1 0 2 .3 3 46 3. 311. 9 .9 5 6 .6 3 3 .2 3 5 .0 6 42 3. 967. 1 7 .7 1 0 5 .0 390 5. 442. 1 2 .8 5 8 .9 3 0 .0 3 3 .1 7892. 1469. 2 2 .9 1 1 8 .9 4378. 472. 12.1 5 5 .7 3 0 .5 3 4 .6 8273. 381. 4 .8 1 0 5 .4 5249. 871. 1 9 .9 5 5 .2 3 2 .8 3 5 .6 9501. 1228. 1 4 .8 1 0 0 .0 1961......... I i 1 1 962......... 1 i f 1 9 6 3 . . . . . >1 1 1 1 9 6 4 . . . . . .1 I 1 1 965......... >1 1 V I 1 1 9 7 1 . . . . >\ i 1 1 9 7 2 . . . . , .1 * f 1 9 7 3 . . . . , •1 i 1 1 9 7 4 . . . . .1 ■ 1 1 9 7 5 .... . I 1 * OUTSTANDING LOANS AT END OF PR EC ED IN G Y E A R . 29 TABLE 221.1A FEDERAL LAND BANKS LOANS OUTSTANDING YEAR 1964*••• 1 9 6 5 .... 1 9 6 6 .... 196T• • .. 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 .... AMOUNT 1 1 1 M IL L IO N S 1 CHANGE DURING YEAR 1 OF |. 1 DOLLARS 1 M IL L IO N S OF 1 (Y E A R -E N D ) 1 PERCENT 1 1 _ DOLLARS 1 ***** ****** .1 3 717. I 1 1 5.1 .1 4280. 5 63. t 1 1 5 .8 6 77 . .1 4957. 1 1 13.1 .1 5 60 8. 651. 1 1 517. 9 .2 .1 6 12 5. 1 1 9 .6 . I 6713. 588. 1 I 7 .0 473. •1 7186. i 1 1 0 .2 . I 7917. 731. I 1 1 4.8 1 17 5. .1 9092. ■ 1 2 0 .4 1 85 5. . I 1 09 47 . i 1 2 2 .9 . I 13456. 2 50 9. ■ 1 1 9 .0 2 55 7. . 1 1 60 14 . _ i _______________ NUMBER OF LOANS I 1 CHANGE DURING YEAR THOUSANDS|. (Y E A R - E N D )I PERCENT 1 THOUSANDS 1 AVERAGE S I Z E 1 CHANGE DURING YEAR 1 DOLLARS 1 I(Y E A R - E N D ) 1 PERCENT 1 DOLLARS 1 1 3 8 0 .6 ****** ***** I 9766. ****** ***** 3 8 4 .2 3 .6 0 .9 I 1 11 39 . 1373. 1 4 .1 3 8 9 .7 5 .5 1 .4 I 1 27 18 . 1579. 1 4 .2 3 9 5 .6 5 .9 1 .5 1 1 41 75 . 1457. 1 1 .5 3 9 8 .3 2 .7 0 .7 I 15377. 1202. 8 .5 4 0 2 .4 4 .1 1 .0 1 16681. 1 30 4. 8 .5 4 0 4 .2 1 .8 0 .4 1 177 78 . 1096. 6 .6 4 0 4 .6 0 .4 0 .1 I 1 95 68 . 1790. 1 0.1 4 0 7 .6 3 .0 0 .8 1 2 2 3 04 . 2 73 6. 1 4 .0 4 1 4 .8 7 .1 1 .8 | 26393. 4089. 1 8 .3 4 2 9 .2 1 4 .5 3 .5 I 31349. 49 5 6. 1 8 .8 4 4 2 .8 1 3 .5 3 .2 1 36166. 4817. 1 5 .4 TABLE 222.1A FE DE RA L LAND BANKS LOANS C L O S E D 1 1 1 YEAR 1 M IL L IO N S 1 OF 1 DOLLARS 1 1 1 . ****** 1 9 6 4 .... | 1 ****** 1 9 6 5 .... . | i 1 ****** 1 9 6 6 .... . | i 1 ****** 1 9 6 7 .... . | i f ****** 1 9 6 8 .... . | i 1 ****** 1 9 6 9 .... . | t 1 1 9 7 0 . . . . .1 1017. i I 1555. 1 9 7 1 . . . . .1 i 1 1 9 7 2 . . . . .1 i 1 1 9 7 3 . . . . .1 i 1 1 9 7 4 . . . . .1 > 1 1 9 7 5 . . . . .1 1 AMOUNT NUMBER OF LOANS CHANGE FROM PR E V IO U S YEAR AVERAGE S IZ E | | CHANGE FROM 1 PR EV IO U S YEAR 1 THOUSANDS 1_ 1 | PERCENT 1 THOUSANDS ___________ 1 1 DOLLARS 1 1 1 1 1 1 CHANGE FROM PR EV IO U S YEAR M IL L IO N S OF DOLLARS PERCENT ****** ***** j 5 4 .8 ****** ***** j ****** ****** ***** ****** ***** j 5 8 .4 3 .7 6 .7 | ****** ****** ***** ****** ***** | 5 4 .0 - 4 .4 - 7 .6 j ****** ****** ***** ****** ***** | 4 8 .5 - 5 .5 - 1 0 .2 j ****** ****** ***** ****** ***** | 4 0 .8 - 7 .7 - 1 5 .8 j ****** ****** ***** ****** ***** | 3 8 .4 - 2 .5 - 6 .0 j ****** ****** ***** ****** ***** | 3 2 .2 - 6 .2 - 1 6 .1 1 31571. ****** ***** 538. 5 2 .9 | 4 1 .1 8 .9 2 7 .6 1 3 78 70 . 6299. 2 0 .0 2238. 683. 4 3 .9 1 5 0 .3 9 .3 2 2 .6 | 4 44 58 . 6588. 1 7 .4 3169. 931. 4 1 .6 1 5 7 .8 7 .5 1 4 .9 I 54802. 1 03 45 . 2 3 .3 3 94 1. 772. 2 4 .4 | 6 2 .4 4 .6 7 .9 1 63131. 8329. 1 5.2 4 21 9. 278 . 7 .1 | 5 8 .6 - 3 .9 - 6 .2 1 72056. 8924. 1 4 .1 DOLLARS PERCENT 31 TABLE 2 2 3 . 1A FEDERAL LAND BANKS LOANS CLOSED AND NEW MONEY LOANED YEAR 1 1 1 I M IL L IO N S 1 OF | DOLLARS I 1 LOANS CLOSED CHANGE FROM P R E V IO U S YEAR 1 NEW MONEY LOANED AS PERCENTAGE OF I LOANS OUT- R EP A Y MENTS M IL L IO N S OF DOLLARS CHANGE FROM 1 P R E V IO U S YEAR 1 | 1 M IL L IO N S OF PERCENT 1 1 DOLLARS 1 AS PERCENTAGE OF R EP A Y MENTS M IL L IO N S OF DOLLARS PERCENT \ STA N D IN G* ****** ****** ***** ***** ***** 707. ****** ***** ***** ***** ****** ****** ***** ***** ***** 887. 1 80 . 2 5 .5 2 3 .9 2 7 3 .3 ****** ****** ***** ***** ***** 1012. 125. 1 4 .1 2 3 .6 3 0 1 .9 ****** ****** ***** ***** ***** 998. -15. - 1 .4 2 0 .1 2 8 8 .2 ****** ****** ***** ***** ***** 902. -95. - 9 .5 1 6 .1 2 3 4 .3 ****** ****** ***** ***** ***** 986. 84. 9 .3 1 6.1 2 4 7 .5 1 9 7 0 .... . 1 ■ 1017. ****** ***** 1!5.1 2 5 5 .6 871. -116. - 1 1 .7 1 3 .0 2 1 8 .9 1 9 7 1 . . . . .1 ■ 1 55 5. 538. 5 2 .9 2 1 .6 3 1 2 .0 1 229. 358. 4 1 .2 1 7 .1 2 4 6 .6 683. 4 3 .9 2 8 .3 3 6 0 .4 1796. 567. 4 6 .1 2 2 .7 2 8 9 .2 931. 4 1 .6 3 4 .9 4 0 4 .3 2 63 9. 843. 4 7 .0 2 9 .0 3 3 6 .7 772. 2 4 .4 3 6 .0 4 7 4 .6 3340. 701. 2 6 .5 3 0 .5 4 0 2 .2 278. 7 .1 3 1 .4 4 5 8 .5 3 47 8. 138. 4 .1 2 5 .8 3 7 7 .9 r 1 9 6 4 .... . i ■ 1 1 9 6 5 .... . i * 1 1 9 6 6 .... . i ■ 1 1 9 6 7 .... . i ■ 1 1 9 6 8 .... . i ■ i 1 9 6 9 .... . f j 2 23 8. 1 9 7 2 . . . . .1 i 1 3169. 1 9 7 3 . . . . .1 1 1 3 94 1. 1 9 7 4 .... . | i 1 4219. 1 9 7 5 . . . . .1 _ i _______________ * OUTSTANDING LOANS AT END OF PR EC ED IN G Y E A R . 1LOANS OUT1 STAND IN G* TABLE 224.1A FED ERA L LAND BANKS R EFIN A N C IN G AND REPAYMENTS 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 1 ________ t 1 M IL L IO N S 1 OF 1 DOLLARS 1 .] 1 . | ****** 1 I . | ****** 1 1 . | ****** 1 1 #| ****** | I .| * * * * * * I 1 . I 146. i R EFIN A N C IN G OF FED ERA L CHANGE FROM i PR E V IO U S YEAR 1 1 1 M IL L IO N S PERCENT OF 1 DOLLARS ****** ***** LAND BANK LOANS REPAYMENTS 1 | M IL L IO N S I AS PERCENTAGE OF OF 1 I LOANS OUTR EFIN A N C IN G ! LOANS DOLLARS I STANDING* CLOSED AND 1 R EPAYM EN TSl _____ 1 _. ***** CHANGE FROM 1I |I PR EV IO U S YEAR |L _ |1 M IL L IO N S PERCENT OF I! 11 DOLLARS _ I AS | PERCENT AG F 1 OF LOANS 1 OUTI STANDING* I ________ _ ***** ***** | 3 25 . ****** ***** 8.7 j 335. 11. 3 .3 7.8 ****** ***** ***** ***** ***** ****** ***** ***** ***** ***** } 346. 11. 3 .3 7 .0 ****** ***** ***** ***** ***** | 385. 39. 1 1 .3 6 .9 ****** ***** ***** ***** ***** | 399. 13. 3 .5 6 .5 ****** ***** 2 .2 1 4 .4 2 6 .8 | 398. -1. - 0 .2 5.9 1 9 7 1 . . . . .1 ■ 326. 1 80 . 123 .2 4 .5 2 1 .0 3 9 .5 I 498. 1 01. 2 5 .3 6 .9 1 9 7 2 . . . . .1 1 4 42 . 116. 3 5 .7 5 .6 1 9 .8 4 1 .6 | 621. 123. 2 4 .6 7 .8 1 9 7 3 . . . . •1 1 1 530. 88. 1 9 .8 5 .8 1 6 .7 4 0 .3 1 784. 163. 2 6 .2 8 .6 1 9 7 4 . . . . .1 ■ 601. 71. 1 3 .4 5 .5 1 5 .3 4 2 .0 | 830. 47. 6 .0 7 .6 1 9 7 5 .... • 1 742 . 1 41 . 2 3 .4 5 .5 1 7 .6 4 4 .6 | 920. 9 0. 1 0 .8 6 .8 1 _JL * OUTSTANDING LOANS AT END OF PR EC ED IN G Y E A R . • R EFIN A N C IN G OF FED ERA L LAND BANK LOANS* I S COMPUTED AS LOANS CLOSED L E S S NEW MONEY LOANED. •REPAYM ENTS* ARE COMPUTED AS NEW MONEY LOANED L E S S THE CHANGE IN LOANS O UTSTANDING. 33 34 SECTIO N 230 L IF E T A B LE INSURAN CE COMPANIES 2 3 1 . 1A T A BLE 2 3 2 . 1A FARM MORTGAGES OUTSTANDING 1 1. I 1 YEAR | M IL L IO N S 1 CHANGE DURING YEAR OF |. 1 1 DOLLARS 1 M IL L IO N S PERCENT OF 1(Y E A R - E N D )1 ______L______________ L...D O LLA R S. 1 1 1. I ***** ***** 1 9 5 2 ...| 1685. 187. 1 9 5 3 ...| 1 87 2. 1 1 .1 2046. 1 74 . 1 9 5 4 ...| 9 .3 2264. 218. 1 0 .7 1 9 5 5 ...| 2470. 9 .1 1 9 5 6 ... | 206. 4 .7 1 9 5 7 ... | 2585. 115 . 2667. 3 .2 195 8 . . . | 82. 159. 6 .0 2 82 6. 1 9 5 9 ... | 1 1 1 9 6 0 ... | 157 . 5 .6 2983. 3170. 187. 6 .3 1 9 6 1 ... | 230. 7 .3 3400. 1 9 6 2 ... 1 1 1 .5 1 9 6 3 ... | 3792. 392. 1 3 .5 512. 4304. 1 9 6 4 ...! 519. 1 2 .1 1 9 6 5 ... | 4823. 8 .6 1 9 6 6 ... | 5240. 417. 6 .3 5569. 329. 1 9 6 7 ... | 4 .2 5803. 2 34. 1 9 6 8 ... I 5773. -30. - 0 .5 1 9 6 9 ...| 1 1 9 7 0 ... | 1 9 7 1 ...| 1 9 7 2 .. .1 1 9 7 3 ... 1 1 9 7 4 ...| 1 9 7 5 ... | 1 1 1 1 1 1 9 6 9 ...| I f 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 5649. 5 60 1. 5678. 5996. 6327. 6753. R EPO RTIN G TO THE AMERICAN COUNCIL -124. -48. 77. 318. 331. 426. T A B LE 2 3 3 . IA M IL L IO N S OF DOLLARS 1 1 |. | 1 __________ L 5.5 6 .7 FARM MORTGAGE D IS P O S IT IO N S ! 1 | CHANGE FROM AS PER - 1 1 CHANGE FROM t AS PE R PR EV IO U S YEAR ICENTAGE OF! M IL L IO N S 1 PR EV IO U S► YEAR ICENTAGE of OF _______ 1 MORTGAGES! 1 » MORTGAGES M IL L IO N S OUTDOLLARS 1 M IL L IO N S 1 ! 1 OUTOF PERCENT I ST A N D IN G *! PERCENT ! OF 1 STAND IN G* 1 DOLLARS DOLLARS____ ___L 1 1 A LL FARM MORTGAGE ****** ***** ***** LOANS 417. 413. 513. 511. 406. 436. 503. 100. -2. -105. 30. 67. ***** ***** - 1 .0 2 4 .2 - 0 .4 - 2 0 .5 7 .4 1 5 .4 467. 555. 619. 866. 1 04 7. 1149. 994. 837. 772. 540. -36. 88. 64. 247. 181. 102. -155. -157. -65. -2 32 . - 7 .2 1 8 .8 1 1 .5 3 9 .9 2 0 .9 9 .7 - 1 3 .5 - 1 5 .8 - 7 .8 - 3 0 .1 1 6 .5 1T8.6 1 9 .5 2 5 .5 2 7 .6 2 6 .7 2 0 .6 1 6 .0 1 3 .9 9 .3 314. 503. 700. 1 00 6. 1 00 7. 1075. -226. 189 . 1 97 . 306. 1. 68. - 4 1 .9 6 0 .2 3 9 .2 4 3 .7 0 .1 6 .8 5 .4 8 .9 1 2 .5 1 7 .7 1 6 .8 1 7 .0 -4. FARM MORTGAGE LOANS IN **** 2 4 .7 2 2 .1 2 5 .1 2 2 .6 1 6 .4 1 6 .9 1 8 .9 ***** ***** ****** ***** ***** 5 59 1. 5551. 5 63 0. 5942. 6273. 6697. -124. -40. 79. 312. 330. 424. - 2 .2 - 0 .7 1 .4 5 .5 5 .6 6 .8 314. 481. 676. 964. 958. 1 00 7. ***** ***** 5.5 1 66 . 195. 288. -6. 49. 5 3 .0 4 0 .6 4 2 .6 - 0 .6 5 .2 8 .6 1 2 .2 1 7 .1 1 6 .1 1 6 .1 YEAR » ! 1 1 1 1 ! » 1 i 1 ! ! 1 ! 1 ! ! ! 1 ! ii 1 1 ! 1 ! » ( ****** 230. 2 39 . 295. 3 05 . 2 91. 3 54. 344. 3 10 . 368. 389. 474. 5 35 . 630 . 577. 508. 5 38 . 570. ***** ***** 9. 56. 10. -14. 63. -10. ***** ***** -34. -9.9 16.7 58. 21. 85. 61. 95. -53. -69. 30. 32. 3 •S 2 3 .h 3.4 -4 .6 2 1 .o - 2 .8 5 .7 21 .9 1 2 .9 1 7 .8 - 8 .4 - 1 2 .0 5 .9 5 .9 **** 1 3 .6 1 2 .6 14 • 4 1 3 .5 1 1 .8 1 3 .7 1 2 .9 1 1 .0 1 2 .3 1 2 .3 1 3 .9 1 4 .1 1 4 .o 1 2 .0 9 .7 9 .7 9 .8 438. 551. 623. 688. 676 . 6 49 . -1 3 2 . 113. 72. 65. -12. -27. - 2 3 .2 25*6 13.1 1 0 .4 - 1 .7 -4.0 7 .6 9 .8 1 1 .1 1 2 .1 1 1 .3 1 0 .3 ****** ***** ***** **** 4 38 . 521. 597. 651. 627. 583. ***** ***** 7 .7 THE U N ITED ST A TES 5 71 4. INSURANCE FARM MORTGAGE A C Q U IS IT IO N S - 2 .1 - 0 .8 1 .4 5 .6 ♦ OUTSTANDING AMOUNT AT END OF PR EC ED IN G OF L I F E **** 1 1 I 1 1 1 1 1 ! ! __ L 83. 16.9 9 .3 76. 1 4 .7 9 .1 1 0 .6 1 1 .6 1 0 .6 9 .3 54. -24. - 3 .1 -44. - 7 .1 AG RI CU LT UR AL FI NA NC E D A T A B O O K — ANNUAL 400 410 IN T E R E S T SOURCE SEPTEMBER 1976 RATES ON FARM DEBT AVERAGE 4 1 1 .1 S E RI ES RATES ON OUTSTANDING DEBT MORTGAGE D E B T , 1 910-D A TE, AND NO N-REAL-ESTATE D EBT, 1940-DATE. . . . 36 IN P U T S AND FIN AN C E IN THE FOOD AND F IB E R SEC T O R , NATIONAL ECONOMIC A N A LY S IS D IV IS I O N , ECONOMIC RESEARCH S E R V IC E , U . S . DEPARTMENT OF A G R IC U L T U R E . A DD ITIO N AL AND MORE CURRENT DATA ON IN T E R E S T RATES CHARGED ON FARM LOANS ARE PR ESEN TED IN SE C T IO N S 300 AND 400 OF THE "Q UA RTERLY S E R I E S * DATABOOK. 35 AVERAGE IN T E R E S T RATES ON OUTSTANDING FARM D EBT (P E R CENT) MORTGAGE DEBT ALL LEN D ERS 1 1 1 1 FED ERA L LAND B A N K S ** 1 1 1 L IF E 1 1 IN SU R A N C E! OTHER 1 C O M PA N IES) LENDERS J _______________ L ■XQMBIMED___ NO N -REAL-ESTATE OTHER LEND ERS BANKS IN D IV ID U A L S M IS C E L LANEOUS BANKS D EBT * PRODUCTION C RED IT A SSO C IA TIO N S 1910 1911 1912 1913 1914 6*0 6 .0 6 .1 6 .1 6 .1 *♦ * *** *** ♦ ** *** 5 .5 5 .5 5 .6 5 .6 5 .7 6 .1 *** *** *** *** 6 .2 6 .3 6 .3 6 .4 6 .4 6 .0 6 .0 6 .0 6 .1 6 .0 6 .5 6 .5 6 .5 6 .5 6 .5 | | | | | *** *** *** *** *** *** *** *** *** *** 1915 1916 1917 1918 1919 6 .1 6*2 6 .1 6 .1 6 .1 *** *** *** 5 .0 5 .3 5 .7 5 .8 5 .8 5 .7 5 .8 *** *♦ * *** *** 6 .4 6 .5 6 .5 6 .4 6 .4 6 .1 6 .1 6 .1 6 .1 6 .1 6 .5 6 .5 6 .5 6 .4 6 .4 | | | | | *** *** *** *** *** *** *** *** *** *** 1920 1921 1922 1923 1924 6 .1 6 .2 6 .3 6 .4 6 .3 5 .4 5 .4 5 .5 5 .6 5 .6 5 .8 5 .8 6 .0 6 .0 5 .9 6 .2 *** *** *** *** 6 .5 6 .6 6 .9 7 .0 7 .0 6 .1 6 .1 6 .2 6 .3 6 .3 6 .3 6 .4 6 .6 6 .7 6 .7 | | 1 | | *** *** *** *** *** *** *** *** *** *** 1925 1926 1927 1928 1929 6 .3 6 .2 6 .1 6 .1 6 .0 5 .6 5 .6 5 .5 5 .4 5 .4 5 .9 5 .9 5 .8 5 .8 5 .7 *** *** *** *** *** 6 .9 6 .8 6 .7 6 .6 6 .6 6 .3 6 .3 6 .3 6 .2 6 .2 6 .6 6 .6 6 .4 6 .3 6 .2 1 | | 1 | *** *** *** *** *** *** *** *** *** *** 1930 1931 1932 1933 1934 6 .0 6 .0 6 .0 6 .0 5 .8 5 .4 5 .4 5 .4 5 .4 4 .5 5 .7 5 .6 5 .6 5 .6 5 .6 6 .2 6 .2 6 .2 6 .2 6 .1 6 .5 6 .6 6 .6 6 .6 6 .5 6 .1 6 .1 6 .1 6 .1 6 .0 6 .1 6 .1 6 .1 6 .1 6 .1 | 1 | 1 1 *** ♦ ** *** *** *** *** *** *** *** *** 1935 1936 1937 1938 1939 5 .5 5 .1 4 .9 4 .7 4 .6 4 .6 3 .9 4 .0 3 .7 3 .7 5 .6 5 .6 5 .5 5 .3 5 .1 6 .0 5 .8 5 .7 5 .6 5 .4 6 .3 6 .2 6 .0 5 .8 5 .7 5 .9 5 .8 5 .6 5 .5 5 .3 6 .0 5 .8 5 .6 5 .4 5 .3 | 1 I | 1 *** *** *** *** *** *** *** *** *** *** 1940 1941 1942 4 .6 4 .5 4 .4 4 .4 4 .4 3 .7 3 .5 3 .5 3 .5 3 .5 4 .9 4 .8 4 .8 4 .7 4 .5 5 .3 5 .2 5 .1 5 .0 4 .9 5 .5 5 .5 5 .4 5 .4 5 .3 5 .2 5 .2 5 .1 5 .0 5 .0 5 .1 4 .9 4 .8 4 .6 4 .4 | | 1 | j *** *** *** 7 .1 6 .6 5 .5 5 .3 5 .2 5 .2 5 .3 TABLE 411.1 AVERAGF IN T E R E S T RATES ON OUTSTANDING FARM DEBT (P E R CENT) MORTGAGE DEBT YEAR ALL LEN D ERS | 1 FEO ERAL LAND B A N K S** _. _ _ . 1 L IF E 1_____ _ . INSURANCE 1 OTHER COMP A N IE S 1 LEND ERS . ___________ J COMBINED OTHER LEND ERS BANKS IN D IV ID U A L S M IS C E L LANEOUS 5 ..... 6 ..... 7 ..... 8 ..... 9 ..... 1 1 I I I 4 .5 4 .6 4 .5 4 .5 4 .5 4 .1 4 .2 4 .2 4 .1 4 .1 4 .5 4 .4 4 .4 4 .3 4 .3 4 .8 4 .8 4 .7 4 .7 4 .6 5 .2 5 .2 5 .1 5 .1 5 .0 4 .9 4 .9 4 .7 4 .6 4 .6 4 .2 4 .3 4 .3 4 .3 4 .3 | | | 1 1 6 .3 6 .1 6 .2 6 .2 6 .4 5 .4 5 .4 5 .4 5 .7 6 .1 1 9 5 0 ..... 1 9 5 1 ..... 1952.......... 1 9 5 3 ..... 1954......... 1 1 I | 1 4 .5 4 .5 4 .6 4 .6 4 .6 4 .1 4 .1 4 .1 4 .1 4 .1 4 .3 4 .3 4 .4 4 .4 4 .5 4 .7 4 .7 4 .8 4 .8 4 .8 5 .0 5.1 5 .2 5 .2 5 .3 4 .6 4 .6 4 .7 4 .7 4 .7 4 .4 4 .5 4 .5 4 .6 4 .6 | | | | I 6 .4 6 .4 6 .5 6 .6 6 .4 6 .1 6 .2 6 .5 6 .5 6 .4 1955.......... 1 95 6 ......... 1 95 7 .......... 1958.......... 1 95 9 .......... 1 1 1 I | 4 .7 4 .7 4 .7 4 .8 4 .9 4 .1 4 .1 4 .1 4 .2 4 .4 4 .5 4 .6 4 .6 4 .7 4 .8 4 .9 4 .9 5 .0 5 .0 5 .1 5 .3 5 .3 5 .4 5 .5 5 .6 4 .8 4 .8 4 .9 4 .9 4 .9 4 .6 4 .6 4 .8 4 .9 5 .0 1 | 1 | 1 6 .4 6 .5 6 .7 6 .7 6 .8 6 .1 6 .2 6 .7 6 .8 6 .6 1960.......... 1 9 6 1 .......... 1962.......... 1 963.......... 1 964.......... | I I 1 I 5 .0 5 .1 5 .2 5 .3 5 .3 4 .6 4 .8 4 .9 5 .0 5 .1 5 .0 5 .1 5 .2 5 .3 5 .4 5 .1 5 .2 5 .2 5 .3 5 .3 5 .7 5 .8 5 .9 6 .0 6 .0 4 .9 4 .9 5 .0 5 .1 5 .1 5 .1 5 .3 5 .2 5 .3 5 .4 I | 1 | | 6 .8 6 .8 7 .0 6 .9 6 .7 7 .3 6 .6 6 .4 6 .3 6 .5 1 96 5 .......... 196 6 .......... 1 967.......... 1 96 8 .......... 1 9 6 9 ..... I 1 I 1 1 5 .4 5 .4 5 .4 5 .6 5 .7 5 .2 5 .2 5 .4 5 .6 5 .7 5 .5 5 .5 5 .6 5 .7 5 .8 5 .4 5 .4 5 .4 5 .5 5 .6 6 .0 6 .0 6 .0 6 .2 6 .3 5 .1 5 .1 5 .1 5 .2 5 .2 5 .4 5 .5 5 .6 5 .9 5 .9 | | 1 | | 6 .7 6 .8 7 .0 7 .3 7 .8 6 .6 6 .9 7 .3 7 .4 7 .8 1 970.......... 1 9 7 1 ..... 1972.......... 1 973.......... 1 974.......... I I t I 1 5 .8 6 .0 6 .2 6 .4 6 .6 6 .0 6 •4 6 .5 6 .6 7 .0 5 .9 6 .0 6 .2 6 .4 *** 5 .7 5 .8 6 .0 6 .2 *** 6 .5 6 .7 7 .1 7 .4 *** 5 .3 5 .4 5 .5 5 .6 *** 6 .2 6 .2 6 .9 7 .1 *** 1 1 | | | 8 .1 7 .9 7 .8 8 .4 9 .2 9 .0 7 .4 7 .1 8 .1 9 .4 197 5 .......... 1 7 .3 7 .8 *** ♦4c* *** *** *** | 8 .8 00 00 194 194 194 194 194 1 ) IN O N -REA L-ESTA TE D EBT* 1 PRODUCTION CRED IT A SSO C IA | BANKS 1 TIONS i * DATA FOR NON -REAL-ESTATE DEBT IN C LU D E S E R V IC E CH ARGES. DATA FOR "F E D E R A L LAND B A N K S " IN CLUD E DEBT OWED TO THE FED ERA L FARM MORTGAGE CORPORATION (1 9 3 3 - 1 9 5 5 ). 37 AGRICULTURAL FINANCE D A T A B O O K - A N N U A L SERIES 500 BALANCE SH E E T AND A S S E T S OF THE FARMING SEC T O R » JANUARY 510 BALANCE S H E E T t SEPTEMBER 1976 1, 1940-OATE MAJOR A S S E T S AND C LAIM S 511 CURRENT DOLLARS 511*1 5 11*2 511*3 511 *4 512 IN 512*1 5 12 *2 512*3 5 1 2 .4 520 AMOUNTS...................................................................................................................................... CHANGE DURING Y E A R ......................................................................................................... 41 PERCENTAGE CHANGE DURING Y E A R * * . ..................... * .................................................. 42 PERCENTAGE D IS T R IB U T IO N .............................................................................................. 43 1967 DOLLARS AMOUNTS...................................................................................................................................44 CHANGE DURING Y E A R ............................................ * ........................................................... 45 PERCENTAGE CHANGE DURING Y E A R ..................................................................................46 PERCENTAGE CHANGE DURING P R E V IO U S F IV E Y E A R S .................................................47 A SSETS 521 CURRENT DOLLARS 521*1 521*2 521*3 521 *4 522 IN 522*1 5 22 *2 5 2 2 .3 5 2 2 *4 AMOUNTS............ * .................................................................................................................... 48 CHANGE DURING Y E A R ......................................................................................................... 49 PERCENTAGE ChANGE DURING Y E A R ...................................................................................50 PERCENTAGE D IS T R IB U T IO N .................................................................................................51 1967 P R IC E S AMOUNTS...................................................................................................................................52 CHANGE DURING Y E A R ..........................................................................................................53 PERCENTAGE CHANGE DURING Y E A R ...................................................................................54 PERCENTAGE D IS T R IB U T IO N ................................................................................................ 55 (C O N TIN U ED ) AG RI CU LT UR AL FI NANCE DA T A B O O K - — ANNUAL S E RI ES 500 SE PT EM BE R BALANCE SH EET AND A S S E T S OF THE FARMING SECTOR 530 I M P L IC IT 5 3 1 .1 5 3 1 .2 540 (C O N TIN U ED ) DEFLATORS FOR A SSE T S IN D E X , 1967=100......................................................................................................... , . . . 5 6 PERCENTAGE CHANGE DURING Y E A R ........................................... ............ ............. . . . . 5 7 IM P L IC IT 5 4 1 .1 5 4 2 .1 5 4 3 .1 5 4 4 .1 5 4 5 .1 P R IC E 1976 NET IN V E S T M E N T , C A P IT A L G A IN S , AND RELATED DATA CHANGES IN A S S E T S , L I A B I L I T I E S , AND NET WORTH.................................... * . . . 5 8 IM P L IC IT NET INVESTM ENT AND IN TER -SEC TO R T R A N S F E R S ........................ 59 IM P L IC IT NOMINAL C A P IT A L G A IN S ........................................ .......................... .........60 IM P L IC IT R EA L C A P IT A L G A IN S ......................................................................... 61 C A P IT A L G A IN S COMPARED W ITH FARM CASH FLOW ANDNET I N C O M E . . . . .......... 62 SOURCE NATIONAL ECONOMIC A N A L Y S IS D IV IS I O N , U . S . DEPARTMENT OF A G R IC U L T U R E . SECTOR PERFORMANCE M EA SU R ES, ECONOMIC RESEARCH S E R V IC E , SEC TIO N 540 PR ESEN T S S E R IE S ON NET IN VESTM ENT AND C A P IT A L G A IN S D ER IV ED FROM BALANCE SHEET DATA IN THE T R A D IT IO N OF PR E V IO U S WORK BY DAVID BO YN E, DALE HOOVER, KUL B H A T IA , AND O TH ER S. T H IS L IT E R A T U R E ON NOMINAL AND REAL C A P IT A L G AIN S IN A G RICULTURE I S SUMMARIZED IN THE SEC T IO N E N T IT L E D -R EA L WEALTH E F F E C T S OF P R IC E CH AN GES" IN "A G R IC U LT U R A L FIN AN CE AND C A P IT A L M A R K E T S ," BY JOHN R . BRAKE AND EMANUEL M EL IC H A R , A SU RVEY OF A GRICULTURAL ECONOMICS L IT E R A T U R F . VOLUME 1 , L E E R . M A R TIN , E D IT O R , U N IV E R S IT Y OF MINNESOTA P R E S S , 1 97 7, P P . 4 4 5 - 4 4 7 . MORE D E T A IL AND A D IS C U S S IO N OF METHODOLOGY I S PR ESEN TED IN "C A P IT A L G A IN S IN THE U . S . FARMING SEC T O R , NOMINAL AND R E A L , 1 9 4 0 - 1 9 7 4 ," BY EMANUEL MELICHAR AND MARIAN S A Y R E , A PA PER PRESEN T ED AT THE M EETING OF THE AM ERICAN AGRICULTURAL ECONOMICS A S S O C IA T IO N , AUGUST 11, 1975 (A V A IL A B L E FROM THE AUTHORS UPON R E Q U E S T ). AS RECOMMENDED IN THE CONCLUSIONS OF THAT PAPER ( P . 7 ) , SEC T IO N 540 USES THE APPROACH D E S C R IB E D AS "METHOD B , " EXTENDS IT TO ALL BALANCE SH EET IT E M S , AND U S E S BALANCE SHEET DATA WITHOUT P R IO R A D JU ST M EN T. 39 TABLE 511.1 BALANCE SHEET OF THE FARMING SECTOR, JANUARY 1 CURRENT DOLLARS AMOUNTS IN MILLIONS OF DOLLARS YEAR A SSETS 1 1 1 1 1 1 TOTAL 1 1 | I REAL EST A T E 1 1 1 1 1 1 NON-REAL—ESTATE I ___________ 1 1 TOTAL P H Y S IC A L F IN A N C IA L | C LA IM S TOTAL 1 1 1 I L IA B IL IT IE S TOTAL CCC LOANS 1 IPRO PR TET O RS* DEBT | E Q U IT IE S EXCLU D IN G 1 .LCC.LflAHSJL 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 . I .1 .! . I .1 .1 .1 .1 .1 i 5 3 0 25 . 54856. 62975. 73874. 84562. 94140. 1 03483. 1 16 39 9. 1 27 82 7. 1 34 84 5. 33636. 34400. 37547. 41604. 48200. 538 84 . 61046. 684 63 . 73664. 766 23 . 19389. 2 04 56 . 25428. 3 22 70 . 363 62 . 40256. 42437. 47936. 5 41 63 . 5 8 2 22 . 1 5072. 15748. 19781. 24692. 265 10 . 2 77 52 . 27517. 3 19 88 . 38146. 4 21 66 . 4317. 4708. 5 647. 7 57 8. 9 85 2. 125 04 . 1 49 20 . 15948. 1 60 17 . 160 56 . 1 1 1 I 1 1 1 1 1 1 1 1 53025. 54856. 6 29 75 . 7 38 74 . 8 45 62 . 9 4 1 40 . 103483. 116399. 127827. 134845. 1 00 35 . 10470. 1 04 68 . 9900. 8 87 1. 8344. 790 5 . 8413. 9238. 11370. 445. 629. 610. 773. 5 89 . 68 3 . 277. 65. 84. 1 15 2. 9590. 9 84 1. 9858 . 9127. 8282. 7 661. 7628. 8348. 9154. 10218. 42990. 44386. 52507. 63974. 7 56 91 . 8 57 96 . 95578. 107986. 118589. 123475. 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 .1 .1 .1 .1 .1 .1 .1 .1 .1 1 1 . I .1 .1 .1 .1 .1 •1 . I .1 .1 1 1 .1 .1 .1 .1 .1 .1 .1 1 1 32 36 9. 1 51 4 9 8 . 1 67 0 0 0 . 1 64472. 1 61 2 7 8 . 165 04 2. 1 69 55 8. 177909. 1 85758. 202130. 75256. 8 65 86 . 95078. 9 6 5 35 . 9 50 38 . 9 81 72 . 1 02 93 4. 1 1 0 42 1. 115934. 124 39 3. 5 71 13 . 64912. 7 19 22 . 6 79 37 . 6 6 2 40 . 6 68 70 . 6 66 24 . 67488. 6 9 8 24 . 777 37 . 4 12 61 . 48868. 553 12 . 511 49 . 4 92 30 . 49443. 4 87 59 . 49613. 515 48 . 5 86 43 . 15852. 1 6 0 44 . 16610. 1 67 88 . 170 10 . 1 74 27 . 1 7865. 1 7 8 75 . 18276. 1 90 94 . 1 1 132369. 151498. 167000. 164472. 161278. 165042. 169558. 177909. 185758. 202130. 12454. 13050. 14643. 1 61 00 . 16934. 17660. 187 92 . 19345. 20411. 23649. 1721. 812 . 588. 1 18 4. 2390. 2219. 1 87 0. 1*56.3. 1 21 5. 2473. 10733. 12238. 14055. 14916. 14544. 15441. 16922. 17782. 19196. 21176. 119915. 138448. 152357. 148372. 144344. 147382. 150766. 158564. 165347. 178481. 203951. 2 04 7 5 7 . 213385. 222017. 229897. 238013. 254599. 267542. 281039. 295276. 130561. 1 32169. 138 39 9. 1 44303. 152616. 161464. 172 76 2. 1 82 24 2. 192472. 201392. 7 33 90 . 7 25 88 . 7 49 86 . 77714. 77281. 7 65 49 . 8 18 37 . 8 53 00 . 88567. 93884. 5 5317. 54717. 56863. 5 90 61 . 58470. 57169. 6 19 06 . 64884. 673 81 . 71809. 1 80 73 . 1 7 8 71 . 1 81 23 . 1 8 6 53 . 1 8 8 11 . 193 80 . 1 99 31 . 20416. 21186. 22075. 203951. 204757. 213385. 222 01 7. 229897. 2 38013. 254599. 2 67 54 2. 2 81 03 9. 2 95276. 247 75 . 2 6 1 79 . 2 84 66 . 31387. 3 43 87 . 36803. 40657. 44028. 47396. 50455. 1 16 5. 1390. 1866. 2055. 1 92 6. 1 54 3. 1408. 1157. 1 42 0. 2671. 236 10 . 24789. 2 66 00 . 2 93 32 . 32461. 3 5 2 60 . 3 92 49 . 42871. 4 59 76 . 4 77 84 . 179176. 178578. 184919. 190630. 195510. 201 21 0. 213942. 2 23514. 233643. 244821. 3 06 2 3 6 . 317646. 343257. 387698. 476288. 520593. 585397. 2 06 85 6. 214951. 231462. 260556. 3 25 33 9. 371064. 422305. 99380. 102695. 111795. 127142. 150949. 149529. 163092. 765 48 . 790 55 . 8 69 20 . 100494. 122392. 119625. 131379. 22832. 23640. 2 4 8 75 . 26648. 2 85 57 . 29904. 31713. 306236. 3 17646. 343 25 7. 387 69 8. 476288. 520593. 585397. 53027. 54484. 5 9 1 14 . 65345. 741 38 . 81833. 90640. 2676. 1876. 2262. 1 79 3. 751 . 319. 358. 5 03 51 . 52608. 56852. 63552. 7 3387. 8 15 14 . 9 02 82 . 253209. 263 16 2. 2 84 14 3. 3 22 35 3. 4 02 15 0. 438 76 0. 494 75 7. I9 6 0 .... 1 9 6 1 .... 1 9 6 2 .... 1 9 6 3 .... 1 9 6 4 .... 1 9 6 5 .... 1966•••• 1 9 6 7 .... 1968•••• 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 1 1 1 1 \ 1 1 1 1 1 1 I 1 1 1 1 1 1 1 I 1 1 1 1 1 1 1 _1 _ TABLE 511.2 B A LA NC E SHEET OF THE FA RMING SECTOR C U RR EN T DOLLARS CHANGE DU R I N G YEAR IN M I LL IO NS OF DOLLARS YEAR 1 l_ I 1 | 1 A SSET S TOTAL 1 1 1 I REAL EST A T E 1 1 1 1 I 1 ................ | 1 I TOTAL F IN A N C IA L I . ................. .............. ...... NON -REAL-ESTATE ............ .. _______ _______ TOTAL P H Y S IC A L C LAIM S 1 1 1 1 L IA B IL IT IE S TOTAL CCC LOANS 1 IP R O P R IF T O R S * DEBT | E Q U IT IE S EX C LU D IN G ! CCC_.LDAN.Sl 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 1 831. . | 8 11 9. . I 10899. . I 106 88 . .1 9 57 8. . I 9 34 3. . | 12916. .1 1 14 28 . .1 7018. . I -2476. ■ 1 1 9 5 0 . . . . .1 19129. 1 9 5 1 . . . . .1 15502. -2528. 1 9 5 2 .... . I -3194. 1 9 5 3 . . . . .1 1 9 5 4 .... . I 3764. 4516. 1 9 5 5 .... . | 8351. 1 9 5 6 .... . I 7849. 1 9 5 7 . . . . •I 1 9 5 8 .... . I 16372. 1 9 5 9 . . . . .1 1821. ■ 1 I9 6 0 .... . | 8 06. 8 62 8. 1 9 6 1 .... . I 8 63 2. 1 9 6 2 . . . . .1 7 88 0. 1 9 6 3 .... . f 1 9 6 4 . . . . .1 8 11 6. 1 9 6 5 . . . . .1 1 65 86 . 129 43 . 1 9 6 6 .... . I 1 34 97 . 1 9 6 7 . . . . .1 14237. 1 9 6 8 .... . | 1 9 6 9 .... . | 109 60 . ■ 1 114 10 . 1 9 7 0 . . . . .1 2 56 11 . 1 9 7 1 . . . . .1 4 4 4 41 . 1 9 7 2 .... ,| 8 85 90 . 1 9 7 3 . . . . .1 44305. 1 9 7 4 . . . . .1 1 9 7 5 .... . | 648 04 . _______________ 7 64 . 3147. 4 05 7. 6 596. 5 68 4. 7162. 7417. 5201. 2 95 9. -1367. 1067. 4972. 6842. 4092. 3 89 4. 2 18 1. 5499. 6227. 4059. -1109. 676. 4 03 3. 4 91 1. 1818. 1242. -235. 4 47 1. 6 15 8. 4020. -905. 391. 9 39. 1 93 1. 2 27 4. 2 65 2. 2416. 1028. 69. 3 9. -204. 1 13 30 . 6 49 2. 1 45 7. -1497. 3134. 4762. 7487. 5513. 8459. 6168. 7799. 7 01 0. -3 9 8 5 . -1697. 630. -246. 864. 2336. 7913. -4 3 4 7 . 7607. 6444. -4163. -1919. 213. -684. 854. 1935. 709 5. -3 3 2 6 . 192. 566. 178. 222. 417. 438. 10. 401. 818. -1 0 2 1 . 1 608. 6 23 0. 5 90 4. 8313. 8848. 1 12 98 . 9480. 102 30 . 8920. 5 46 4. -802. 2398. 2 72 8. -433. -732. 5288. 3463. 3 26 7. 5317. 5 496. -600. 2 14 6. 2 19 8. -591. -1301. 4 73 7. 2 97 8. 2 497. 4428. 4739. -202. 252. 5 30. 158. 569. 551. 4 85 . 770. 8 89 . 7 57 . 8095. 16511. 29094. 64783. 45725. 51241. 3315. 9 10 0. 15347. 23807. -1420. 135 63 . 2507. 7865. 13574. 2 18 98 . -2767. 11754. 8 08. 1235. 1773. 1909. 1 34 7. 1809. 1 1 1 * 1 1 1 1 1 1 I 1 1 1 1 1 1 1 1 1 » 1 1 I 1 1 1 1 1 1 I 1 1 1 1 1 1 1 I 1 1 1 _1_ 1831. 8119. 10899. 106 88 . 9578. 9 34 3. 12916. 11428. 7 01 8. -2 4 7 6 . 435. -2. -568. -1029. -527. -439. 508. 825. 2 13 2. 1 08 4. 184 . -19. 1 63 . -184. 94. -406. -212. 19. 1068. 5 69. 251. 17. -731. -845. -621. -33. 7 20 . 806. 1064. 515. 1396. 8 12 1. 11467. 11717. 10105. 9782. 12408. 10603. 4886. -3560. 19129. 15502. -2528. -3 1 9 4 . 3764. 4516. 8 35 1. 7849. 16372. 1821. 596. 1 59 3. 1 45 7. 834. 726. 1 13 2. 553. 1 066. 3238. 1 12 6. -909. -224. 596 . 1206. -171. -349. -307. -348. 1258. -1308. 1505. 1817. 861. -372. 897. 1481. 860. 1414. 1980. 2434. 18533. 13909. -3985. -4028. 3 03 8. 3384. 7 79 8. 6783. 13134. 695. 806 . 8 62 8. 863 2 . 7 88 0. 8 11 6. 16586. 12943. 13497. 14237. 10960. 1404. 2287. 2921. 3000. 2416. 3854. 3371. 3368. 3059. 2572. 225. 476. 189. -129. -383. -135. -251. 263. 1251. 5. 1179. 1811. 2732. 3129. 2799. 3Q89. 3622. 3105. 1808. 2567. -598. 6341. 5 71 1. 4880. 5700. 12732. 9572. 10129. 11178. 8388. 11410. 25611. 4 44 41 . 8 85 90 . 44305. 648 04 . 1457. 4630. 6231. 8 79 3. 7695. 8807. -800. 386. -469. -1042. -432. 39. 2257. 4 244. 670 0. 9 835. 8 127. 8768. 9953. 2 09 81 . 38210. 7 0 7 97 . 36610. 55997. CHANGES IN THE CURRENT VALUE OF A S S E T S AND PR O PR IE T O R S* E Q U IT IE S (N ET W ORTH)y ALSO SHOWN IN T A B LE 5 4 1 . l t R E F L E C T BOTH NET IN VESTM ENT AND IN T ER - SEC T O R TRAN SFERS (T A B L E 5 4 2 .1 ) AND C A P IT A L A P P R E C IA T IO N (T A B L E 5 4 3 . 1 ) . CHANGES IN THE PURCHASING POWER OF THE TOTAL FUNDS IN V E S T E D AND OWED SHOULD ALSO B E C O NSID ERED IN EVALUATIN G THE REAL IMPACT OF CHANGES IN CURRENT-DOLLAR V ALUES (T A B L E 5 4 4 . 1 ) . 41 TABLE 511.3 BALANCE SHEET OF THE FARMING SECTOR CURRENT DOLLARS PERCENTAGE CHANGE DURING YEAR 1 1___________ 1 YEAR 1 1 TOTAL 1 J 1 1940.......... 1 3 .5 1941.......... 1 1 4 .8 1942.......... 1 1 7 .3 1 4 .5 1943.......... I 1 9 4 4 ..... 1 1 1 .3 9 .9 1945 .......... | 1946.......... 1 1 2 .5 1 947.......... \ 9 .8 1948.......... I 5 .5 1 9 4 9 ..... I - 1 .8 ■ 1 95 0 .......... 1 1951.......... I 1952.......... I 1 953..........,| 1 954.......... 1 1 955..........,| 1956.......... I 1957.......... I 1 95 8 ..........>I 1959.......... 1 i 1 1 9 6 0 ......... ►! 1961........... I 1962........... I 1 963..........>1 1964.........., 1 1965........... 1 1966.........., 1 196 7 ........... 1 1968.........., 1 1 969......... i 1 1970......... >\ 1971...........1 1 97 2 ......... .1 1 97 3 ......... ,| 1974......... , 1 1 97 5 ......... >| 1 A SSE T S I 1 » 1 | REAL ESTATE 1 1 1 1 1 C LA IM S NO N -REA L-ESTA TE TOTAL P H Y S IC A L 1 1 ______ .. TOTAL i 1 TOTAL F IN A N C IA L _______________ 1_____________ L IA B IL IT IE S CCC LOANS 1 1PROPRT ET O R S• DEBT | E Q U IT IE S EX C LU D IN G l CCC LOANS 1 2 .3 9 .1 1 0 .8 1 5 .9 1 1 .8 1 3 .3 1 2 .1 7 .6 4 .0 - 1 .8 5 .5 2 4 .3 2 6 .9 1 2 .7 1 0 .7 5 .4 1 3 .0 1 3 .0 7 .5 - 1 .9 4 .5 2 5 .6 2 4 .8 7 .4 4 .7 - 0 .8 1 6 .2 1 9 .3 1 0 .5 - 2 .1 9 .1 1 9 .9 3 4 .2 3 0 .0 2 6 .9 1 9 .3 6 .9 0 .4 0 .2 - 1 .3 3 .5 1 4 .8 1 7 .3 1 4 .5 1 1 .3 9 .9 1 2 .5 9 .8 5 .5 - 1 .8 4 .3 - 0 .0 - 5 .4 - 1 0 .4 - 5 .9 - 5 .3 6 .4 9 .8 2 3 .1 9 .5 4 1 .3 - 3 .0 2 6 .7 - 2 3 .8 1 6 .0 - 5 9 .4 - 7 6 .5 2 9 .2 1 2 7 1 .4 4 9 .4 2 .6 0 .2 - 7 .4 - 9 .3 - 7 .5 - 0 .4 9 .4 9 .7 1 1 .6 5 .0 3 .2 1 8 .3 2 1 .8 1 8 .3 1 3 .4 1 1 .4 1 3 .0 9 .8 4 .1 - 2 .9 1 4 .5 1 0 .2 - 1 .5 - 1 .9 2 .3 2 .7 4 .9 4 .4 8 .8 0 .9 1 5 .1 9 .8 1 .5 - 1 .6 3 .3 4 .9 7 .3 5 .0 7 .3 5 .0 1 3 .7 1 0.8 - 5 .5 - 2 .5 1 .0 - 0 .4 1 .3 3 .5 1 1 .3 - 5 .6 1 8 .4 1 3 .2 - 7 .5 - 3 .8 iQ«4 - 1 .4 1 .8 3 .9 1 3 .8 - 5 .7 1 .2 3 .5 1 .1 1 .3 2 *5 2 .5 0 .1 2 .2 4 .5 - 5 .3 1 4 .5 1 0 .2 - 1 .5 - 1 .9 2 .3 2 .7 4 .9 4 .4 8 .8 0 .9 4 .8 1 2 .2 1 0 .0 5 .2 4 .3 6 .4 2 .9 5 .5 1 5 .9 4 .8 - 5 2 .8 - 2 7 .6 1 0 1 .4 1 0 1 .9 - 7 .2 - 1 5 .7 - 1 6 .4 - 2 2 .3 1 0 3 .5 - 5 2 .9 1 4 .0 1 4 .8 6 .1 - 2 .5 6 .2 0 .6 5 .1 8 ;o 1 0 .3 1 1 .5 1 5 .5 1 0 .0 - 2 .6 - 2 .7 2 .1 2 .3 5 .2 4 .3 7 .9 0 .4 0 .4 4 .2 4 .0 3 .5 3 .5 7 .0 5.1 5 .0 5 .1 3 .7 1 .2 4 .7 4 .3 5 .8 5 .8 7 .0 5 .5 5 .6 4 .6 2 .7 - 1 .1 3 .3 3 .6 - 0 .6 - 0 .9 6 .9 4 .2 3 .8 6 .0 5 .9 - 1 .1 3 .9 3 .9 - 1 .0 - 2 .2 8 .3 4 .8 3 .8 6 .6 6 .6 - 1 .1 1 .4 2 .9 0 .8 3 .0 2 .8 2 .4 3 .8 4 .2 3 .4 0 .4 4 .2 4 .0 3 .5 3 .5 7 .0 5 .1 5 .0 5 .1 3 .7 5 .7 8 .7 1 0 .3 9 .6 7 .0 1 0 .5 8 .3 7 .6 6 .5 5 .1 1 9 .3 3 4 .2 10.1 - 6 .3 - 1 9 .9 - 8 .7 - 1 7 .8 2 2 .7 8 8 .1 0 .2 5 .0 7 .3 1 0 .3 1 0 .7 8 .6 1 1 .3 9 .2 7 .2 3 .9 5 .4 - 0 .3 3 .6 3 .1 2 .6 2 .9 6 .3 <f.5 4 .5 4 .8 3 .4 3 .7 8 .1 1 2 .9 2 2 .9 9 .3 1 2 .4 3 .9 7 .7 1 2 .6 2 4 .9 14.1 1 3 .8 3 .3 8 .9 1 3 .7 1 8 .7 - 0 .9 9 .1 3 .3 9 .9 1 5 .6 2 1 .8 - 2 .3 9 .8 3 .5 5 .2 7 .1 7 .2 4 .7 6 .0 3 .7 8 .1 1 2 .9 2 2 .9 9 .3 1 2 .4 2 .7 8 .5 1 0 .5 1 3 .5 1 0 .4 1 0 .8 - 2 9 .9 2 0 .6 - 2 0 .7 - 5 8 .1 - 5 7 .5 1 2 .2 4 .5 8 .1 1 1 .8 1 5 .5 1 1.1 1 0 .8 3 .9 8 .0 1 3 .4 2 4 .8 9 .1 1 2 .8 TABLE 511.4 BALANCE SHEET OF THE FARMING SECTOR, JANUARY 1 CURRENT DOLLARS PERCENTAGE OF TOTAL YEAR 1 9 4 0 ..... 1941.......... 1942.......... 1 9 4 3 .......... 1 94 4 .......... 1945.......... 1 94 6 .......... 1947.......... 1 9 4 8 ..... 1949.......... 1 1 1 I 1 1 1 1 1 I I I I 1 I 1 I I 1 1 1 9 5 0 ..... 1 9 5 1 . . . . ., I 1 9 5 2 .... . I 1 9 5 3 ..... 1 9 5 4 ..... I 1 9 5 5 ..... 1 1 9 5 6 ......... , I 1 95 7 ......... , | 1 9 5 8 . . . . . ,1 1 9 5 9 . . . . . ,| 1 1 I 9 6 0 . . . . . ,\ 1 9 6 1 . . . . . ►I 1 9 6 2 ...... I 1 9 6 3 . . . . . ►I 1 9 6 4 . . . . . ►I 1 9 6 5 . . . . . >1 1 9 6 6 . . . . . .1 1 9 6 7 ...... I 1 9 6 8 ...... | 1 9 6 9 . . . . »| 1 1 9 7 0 .... . f 1 9 7 1 . . . . .1 1 9 7 2 . . . . .1 1 9 7 3 .... . | 1 9 7 4 .... . I 1 9 7 5 . . . . •j 1 9 7 6 .... . I A SSET S TOTAL 1 1 1 1 1 REAL EST A T E 1 1 1 I I CLAIM S NON—R EA L-EST A T E TOTAL PH Y S IC A L F IN A N C IA L 1 1 TOTAL | 1 _ . 1 L IA B IL IT IE S TOTAL CCC LOANS I 1P R O P R IE T O R S • DEBT \ E Q U IT IE S FX C LU D IN G | CCC LOANS 1 1 0 0 .0 1 0 0 .0 100 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 00 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 6 3 .4 6 2 .7 5 9 .6 5 6 .3 5 7 .0 5 7 .2 5 9 .0 5 8 .8 5 7 .6 5 6 .8 3 6 .6 3 7 .3 4 0 .4 4 3 .7 4 3 .0 4 2 .8 4 1 .0 4 1 .2 4 2 .4 4 3 .2 2 8 .4 2 8 .7 3 1 .4 3 3 .4 3 1 .3 2 9 .5 2 6 .6 2 7 .5 2 9 .8 3 1 .3 8 .1 8 .6 9 .0 1 0 .3 1 1 .7 1 3 .3 1 4 .4 1 3 .7 1 2 .5 1 1 .9 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 00 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 8 .9 1 9 .1 1 6 .6 1 3 .4 1 C .5 8 .9 7 .6 7 .2 7 .2 8 .4 0 .8 1.1 1 .0 1 .0 0 .7 0 .7 0 .3 0 .1 0 .1 0 .9 1 8 .1 1 7 .9 1 5 .7 1 2 .4 9 .8 8 .1 7 .4 7 .2 7 .2 7 .6 8 1 .1 8 0 .9 8 3 .4 8 6 .6 8 9 .5 9 1 .1 9 2 .4 9 2 .8 9 2 .8 9 1 .6 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 5 6 .9 5 7 .2 5 6 .9 5 8 .7 5 8 .9 5 9 .5 6 0 .7 6 2 .1 6 2 .4 6 1 .5 4 3 .1 4 2 .8 4 3 .1 4 1 .3 4 1 .1 4 0 .5 3 9 .3 3 7 .9 3 7 .6 3 8 .5 3 1 .2 3 2 .3 3 3 .1 3 1 .1 3 0 .5 3 0 .0 2 8 .8 2 7 .9 2 7 .8 2 9 .0 1 2 .0 1 0 .6 9 .9 1 0 .2 1 0 .5 1 0 .6 1 0 .5 1 0 .0 9 .8 9 .4 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 9 .4 8 .6 8 .8 9 .8 1 0 .5 1 0 .7 1 1 .1 1 0 .9 1 1 .0 1 1 .7 1 .3 0 .5 0 .4 0 .7 1 .5 1 .3 1 .1 0 .9 0 .7 1 .2 8 .1 8 .1 8 .4 9 .1 9 .0 9 .4 1 0 .0 1 0 .0 1 0.3 1 0 .5 9 0 .6 9 1 .4 9 1 .2 9 0 .2 8 9 .5 8 9 .3 8 8 .9 8 9 .1 8 9 .0 8 8 .3 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 6 4 .0 6 4 .5 6 4 .9 6 5 .0 6 6 .4 6 7 .8 6 7 .9 6 8 .1 6 8 .5 6 8 .2 3 6 .0 3 5 .5 3 5 .1 3 5 .0 3 3 .6 3 2 .2 3 2 .1 3 1 .9 3 1 .5 3 1 .8 27. 1 2 6 .7 2 6 .6 2 6 .6 2 5 .4 2 4 .0 2 4 .3 2 4 .3 2 4 .0 2 4 .3 8 .9 8 .7 8 .5 8 .4 8 .2 8 .1 7 .8 7 .6 7 .5 7 .5 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 2 .1 1 2 .8 1 3 .3 1 4 .1 1 5 .0 1 5 .5 1 6 .0 1 6 .5 1 6 .9 1 7 .1 0 .6 0 .7 0 .9 0 .9 0 .8 0 .6 0 .6 0 .4 0 .5 0 .9 1 1 .6 1 2 .1 1 2 .5 1 3.2 1 4.1 1 4 .8 1 5 .4 1 6 .0 1 6 .4 1 6 .2 8 7 .9 8 7 .2 8 6 .7 8 5 .9 8 5 .C 8 4 .5 8 4 .0 8 3 .5 8 3 .1 8 2 .9 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 00 .0 1 0 0 .0 1 0 0 .0 6 7 .5 6 7 .7 6 7 .4 6 7 .2 6 8 .3 7 1 .3 7 2 .1 3 2 .5 3 2 .3 3 2 .6 3 2 .8 3 1 .7 2 8 .7 2 7 .9 2 5 .0 2 4 .9 2 5 .3 2 5 .9 2 5 .7 2 3 .0 2 2 .4 7 .5 7 .4 7 .2 6 .9 6 .0 5 .7 5 .4 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 7 .3 1 7 .2 1 7 .2 1 6 .9 1 5 .6 1 5 .7 1 5 .5 0 .9 0 .6 0 .7 0 .5 0 .2 0 .1 0 .1 1 6 .4 1 6 .6 1 6 .6 1 6 .4 1 5 .4 1 5 .7 1 5 .4 8 2 .7 8 2 .8 8 2 .8 8 3 .1 8 4 .4 8 4 .3 8 4 .5 J ___________ 43 TABLE 512.1 BALANCE SHEET OF THE FARMING SECTOR, JANUARY 1 IN 1967 DOLLARS AMOUNTS IN MILLIONS OF DOLLARS YEAR i i 1 1 1 1 A SSE T S TOTAL 1 I | 1 REA L EST A T E 1 » 1 1 1 1 . I 1 1 F IN A N C IA L | C LA IM S _____ _ _______ ____________ NO N -REAL-ESTATE ___________ TOTAL PH Y S IC A L TOTAL 1 1 1 1 L IA B IL IT IE S TOTAL CCC LOANS 1 1P R O P ftIE T O R S • DEBT | E Q U IT IE S EX C LU D IN G | .££C.. LQ A N 5 .I 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 141 10 8. .1 144784. • 1 1 43 8 1 5 . .1 150553. .1 158308. •1 169347. •1 1 79 14 8. .1 1 63 67 0. •I 1 62 68 9. .1 175081. 1 1 1 9 5 0 . . . . .1 1 79 08 8. 1 87 62 4. 1 9 5 1 . . . . .1 1 98 42 8. 1 9 5 2 . . . . •1 1 96 87 7. 1 9 5 3 . . . . .1 1 9 5 4 .... . I 193054. 1 96 82 8. 1 9 5 5 . . . . .1 1 9 5 6 . . . . .1 202214. 1 9 5 7 . . . . .1 206067. 209874. 1 9 5 8 .... . I 1 9 5 9 . . . . .1 226780. i 1 I 9 6 0 . . . . .1 227240. 226570. 1 9 6 1 . . . . .1 234505. 1 9 6 2 . . . . .1 240705. 1 9 6 3 .... . f 1 9 6 4 .. .. •I 248412. 251367. 1 9 6 5 . . . . .1 1 9 6 6 . . . . .1 263662. 2 70 07 4. 1 9 6 7 .... . | 276715. 1 9 6 8 . . . . .1 1 9 6 9 . . . . .1 278727. 1 274497. 1 9 7 0 . . . . •| 1 9 7 1 . . . . .1 274721. 285305. 1 9 7 2 . . . . .1 307850. 1 9 7 3 . . . . •1 340206. 1 9 7 4 . . . . .1 322849. 1 9 7 5 . . . . .1 340595. 1 9 7 6 . . . . .1 _ i ________________ 8 95 11 . 9 07 93 . 85746. 8 47 88 . 9 0 2 35 . 96931. 1 05682. 9 62 67 . 937 54 . 99486. 51597. 539 90 . 58070. 65765. 6 8 0 73 . 7 24 16 . 7 3 4 66 . 67403. 68935. 7 55 95 . 4 01 09 . 41564. 4 51 74 . 50322. 49629. 499 23 . 47637. 44979. 4 8 5 49 . 54748. 1 1 4 88 . 124 26 . 1 28 96 . 15444. 1 8 4 44 . 22493. 25829. 22425. 2 0 3 85 . 208 47 . 101 81 7. 107233. 1 12 97 1. 1 15 55 5. 113763. 117079. 1 22758. 127 89 8. 130 98 5. 1 39563. 7 72 71 . 8 03 91 . 854 57 . 813 22 . 7 92 91 . 79749. 7 94 55 . 78170. 78889. 872 17 . 55824. 6 05 21 . 6 57 21 . 61227. 58930. 58965. 58150. 574 65 . 58240. 657 95 . 2 1 4 47 . 1 9870. 19736. 20096. 20361. 20783. 21306.20704. 20649. 2 1 4 23 . 1 45 46 9. 1 46 24 9. 1 52097. 1 56450. 1 64 90 7. 170523. 1 78 91 2. 183967. 189511. 1 90105. 817 70 . 8 03 21 . 82408. 8 4256. 8 35 05 . 808 44 . 8 4 7 50 . 86107. 8 7 2 04 . 886 22 . 61633. 60546. 6 2491. 64032. 63179. 60377. 641 10 . 6 54 98 . 66344. 6 77 84 . 201 37 . 197 75 . 19917. 20223. 20326. 20467. 2 06 41 . 20609. 20860. 20838. 1 85 41 7. 185 90 4. 192 38 4. 2 06893. 2 32 38 5. 2 3 0 11 7. 2 45 70 5. 890 80 . 8 88 17 . 9 29 21 . 100956. 107821. 9 27 31 . 94890. 68614. 68372. 722 45 . 7 9 7 97 . 874 23 . 7 41 86 . 764 39 . 20466. 2 04 45 . 2 0 6 75 . 21160. 2 03 98 . 185 45 . 184 51 . 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 1 1 1 1 1 1 1 1 1 _1_ 141108. 144784. 143815. 150553. 158308. 169347. 179148. 163670. 162689. 175081. 2 6 7 05 . 27634. 23906. 20176. 16607. 15010. 1 36 85 . 1 1 8 30 . 1 17 57 . 147 63 . 1 18 4. 1 66 0. 1393. 1 57 5. 110 3. 1229. 480. 91. 107. 1 49 6. 25521. 2 59 74 . 2 25 13 . 18601. 155 05 . 13781. 13205. 11738. 11651. 132 67 . 114403. 117150. 119910. 130377. 141701. 154337. 165463. 151841. 150931. 160318. 179088. 187624. 198428. 196877. 193 054. 196828. 2 02 21 4. 206067. 209874. 226780. 1 6 8 50 . 1 61 62 . 1 7399. 19272. 202 70 . 2 10 61 . 22411. 2 2 4 07 . 23061. 26533. 2328. 1 00 6. 699. 1 41 7. 2861. 2646. 2230. 1 81 0. 1 37 3. 2775. 14521. 151 56 . 16700. 17855. 17410. 1 84 15 . 201 81 . 2 0 5 96 . 2 16 88 . 2 37 58 . 162238. 171463. 181029. 177605. 172784. 175767. 1798C2• 183661. 186813. 200247. 227240. 226570. 2 34505. 240 70 5. 248412. 2 51 36 7. 263662. 270074. 276 71 5. 2 78727. 27604. 2 8968. 31283. 34029. 37156. 38868. 42104. 44445. 46667. 47627. 1298. 1538 . 2051. 2228. 2081. 1 630. 1458. 1 16 8. 1 39 8. 2521 . 26306. 274 30 . 2 92 33 . 3 18 01 . 3 50 75 . 372 38 . 4 06 46 . 4 32 77 . 4 52 69 . 4 5 1 06 . 199636. 197602. 2 03 22 2. 2 06676. 211256. 212499. 221558. 225 62 9. 230048. 231 10 0. 2 74 49 7. 274721. 285305. 3 07850. 340 20 6. 322849. 340595. 47531. 47121. 49134. 5 18 87 . 52956. 5 07 49 . 52736. 2 399. 1 622. 1 88 0. 1424. 536. 198. 208. 45133. 4 5 4 99 . 472 54 . 50463. 5 2419. 5 05 51 . 525 28 . 226966. 227600. 2 36 17 1. 2 55 96 3. 287250. 272099. 287859. THE P R IC E DEFLATOR USED I S THE USDA IN D EX OF P R IC E S P A ID BY FARMERS FOR FA M ILY L IV IN G IT EM S AS OF JANUARY 15. NOTE THAT DATA IN T H IS T A B L E , WHICH E X P R E S S VALUES IN DOLLARS OF CONSTANT (1 9 6 7 ) PURCHASING POWER, D IF F E R FROM DATA FOR P H Y S IC A L A S S E T S IN T A BLE 5 2 2 .1 , WHICH SHOW SUCH A SSE T S VALUED AT T H E IR 1967 P R IC E S . TABLE 512.2 BALANCE SHEET OF THE FARMING SECTOR IN 1967 OOLLARS CHANGE DURING YEAR IN MILLIONS OF DOLLARS 1 1 ________ 1 YEAR 1 I TOTAL 1 1 1 1 9 4 0 .... . t 3 67 6. -969. 1 9 4 1 .... . I 6738. 1 9 4 2 .... . 1 1 9 4 3 .... . | 7755. 1 9 4 4 . . . . . 1 11039. 1 9 4 5 . . . . .1 9801. 1946 . . . . . | - 1 5 4 7 8 . -981. 1 9 4 7 . . . . .1 1 9 4 8 .... . I 123 92 . 1 9 4 9 .... . I 4007. i 1 1 9 5 0 . . . . .1 8 537. 1 9 5 1 . . . . •| 1 08 04 . -1551. 1 9 5 2 . . . . .1 1 9 5 3 . . . . .1 -3823. 1 9 5 4 .... . | 3774. 5 38 6. 1 9 5 5 . . . . .1 3 85 4. 1 9 5 6 .... . | 3 80 7. 1 9 5 7 . . . . .1 1 9 5 8 .... . I 16906. 460. 1 9 5 9 .... . | i I -670. 1 9 6 0 .... . | 7935. 1 9 6 1 .... . I 6200. 1 9 6 2 .... . I 7707. 1 9 6 3 .... . I 2 95 5. 1 9 6 4 .... . | 1 9 6 5 .... . | 1 22 96 . 6412. 1 9 6 6 . . . . •I 6641. 1 9 6 7 .... . | 2 01 1. 1 9 6 8 .... . I -4229. 1 9 6 9 .... . | i 1 1 9 7 0 .... . 1 223. 1 0584. 1 9 7 1 .... . | 2 2 5 45 . 1 9 7 2 . . . . .1 32356. 1 9 7 3 . . . . .1 1 9 7 4 . . . . .1 - 1 7 3 5 7 . 17746. 1 9 7 5 . . . . .1 _ i __ A SSE T S C LA IM S NON-REAL-ESTATE L IA B IL IT IE S REAL EST A T E TOTAL TOTAL PH Y S IC A L F IN A N C IA L TOTAL CCC LOANS 1 IP R O P R IF T O R S * DEBT | E Q U IT IE S EXCLU D IN G | CCC LOANS 1 1 28 3. -5048. -958. 5447. 6 69 6. 8751. -9415. -2513. 5 73 2. 2331. 2 39 3. 4079. 7696. 2 30 8. 4343. 1 05 0. -6063. 153 1. 6660. 1676. 1 45 5. 3 60 9. 5 14 8. -692. 293. -2 2 8 6 . -2 6 5 8 . 3 57 1. 6 19 8. 1076. 9 38 . 470. 2548. 3 00 0. 4049. 3336. -3 4 0 5 . -2039. 4 62 . 600. 3 67 6. -969. 6738. 7 75 5. 11039. 9 801. -1 5 4 7 8 . -981. 1 2392. 4007. 929. -3 7 2 8 . -3730. -3 5 6 9 . -1597. -1325. -1855. -72. 3005. 2087. 476. -267. 1 82 . -473. 126. -749. -388. 1 6. 1389. 833. 4 53 . -3461. -3912. -3096. -1723. -576. -1467. -88. 1616. 1254. 2 74 7. 2760. 104 68 . 11323. 12636. 1 1126. -13622. -909. 9387. 1 92 0. 5 41 7. 5 73 8. 2 58 4. -1 7 9 2 . 3316. 5 67 9. 5139. 3 08 7. 8578. 5 907. 3 12 1. 5 06 6. -4135. -2031. 458. -293. -1 2 8 6 . 719. 8328. -5 4 4 7 . 4 69 7. 5 20 0. -4495. -2297. 36. -816. -684. 775. 7554. -4161. -1 5 7 7 . -134. 3 60. 2 66 . 422. 522 . -602. -55. 7 74 . -1286. 8 537. 10804. -1551. -3823. 3 77 4. 5386. 3 85 4. 3807. 16906. 460. -688. 1237. 1873. 998. 791. 1 35 0. -4. 654. 3472. 1071. -1323. -307. 719. 1444. -215. -416. -420. -438. 1402. -1477. 6 35. 1544. 1155. -445. 1005. 1766. 415 . 1092. 2 07 0. 2 54 8. 9225. 9567. -3424. -4822. 2983. 4036. 3858. 3153. 13434. -611. 780. 5 84 8. 4353. 8 45 8. 5 61 6. 8 38 9. 5 05 5. 5544. 594 . -4687. -1449. 208 7. 1848. -751. -2661. 3 90 6. 1 357. 1097. 1418. 458. -1088. 1 94 5. 1541. -853. -2803. 3 73 3. 1388. 846. 1440. 830. -362. 142. 3 06 . 103. 141. 1 73. -31. 251. -22. -372. —6 70 • 7935. 6200. 7 70 7. 2955. 12296. 6412. 664 1. 2011. -4229. 1 364. 2316. 2746. 3127. 1 71 1. 3 23 6. 2340. 2222. 960. -96. 240. 513. 177. -147. -452. -171. -290. 230. 1 123. -123. 1124. 1803. 2568. 3274. 2 16 3. 340 8. 2631. 1992. -163. 27. -2034. 5620. 3 45 5. 4580. 1243. 9059. 4071. 4419. 1051. -4133. 486. 6 48 0. 14509. 25492. -2268. 1 5 5 87 . -263. 4103. 8036. 6864. -15090. 2 15 9. -243. 3873. 7552. 7626. -13237. 2 25 3. -20. 2 30 . 4 84 . -762. -1853. -94. 2 23 . 105 84 . 22545. 32356. -17357. 17746. -410. 2012. 2753. 1 06 9. -2207. 1987. -776. 258. -456. -887. -339. 10. 366 . 1755. 3 21 0. 1956. -1868. 1976. 633. 8571. 19792. 31287. -15151. 15759. 45 TABLE 512.3 BALANCE SHEET OF THE FARMING SECTOR IN 1967 DOLLARS PERCENTAGE CHANGE DURING YEAR ASSETS YEAR 1 TOTAL 1 1 1 1 1 REAL EST A T E 1 1 1 1 1 C LA IM S N O N -REAL-ESTATE | TOTAL TOTAL PH Y S IC A L F IN A N C IA L | 1 f I 1 1 L IA B IL IT IE S TOTAL CCC LOANS 1 1P R O P R IE T O R S 1 DEBT | E Q U IT IE S E X C LU D IN G I CCC LOANS 1 1940 .......... 1 1941.......... | 1942.......... 1 1 94 3 .......... 1 1944 .......... I 1945.......... I 1946» « . . « I 194 7 .......... I 1 948 .......... | 1949.......... 1 2 .6 - 0 .7 4 .7 5 .2 7 .0 5 .8 - 8 .6 - 0 .6 7 .6 2 .3 1 .4 - 5 .6 - 1 .1 6 .4 7 .4 9 .0 - 8 .9 - 2 .6 6 .1 2 .3 4 .6 7 .6 1 3 .3 3 .5 6 .4 1 .5 - 8 .3 2 .3 9 .7 2 .2 3 .6 8 .7 1 1 .4 - 1 .4 0 .6 -4. 6 - 5 .6 7 .9 1 2 .8 2 .0 8 .2 3 .8 1 9 .8 1 9 .4 2 2 .0 1 4 .8 - 1 3 .2 - 9 .1 2 .3 2 .9 1 | I | | | | | | | 2 .6 - 0 .7 4 .7 5 .2 7 .0 5 .8 - 8 .6 - 0 .6 7 .6 2 .3 3 .5 - 1 3 .5 - 1 5 .6 - 1 7 .7 - 9 .6 - 8 .8 - 1 3 .6 - 0 .6 2 5 .6 ^ 1 4 .1 4 0 .2 - 1 6 .1 1 3.1 - 3 0 .0 1 1 .4 - 6 1 .0 - 8 0 .9 1 7 .0 1 2 9 9.1 5 5 .7 1 .8 - 1 3 .3 - 1 7 .4 - 1 6 .6 - 1 1 .1 - 4 .2 - 1 1 .1 - 0 .7 1 3 .9 9 .5 2 .4 2 .4 8 .7 8 .7 8 .9 7 .2 - 8 .2 - 0 .6 6 .2 1 .2 1 95 0 .......... 1 951 .......... 1 952.......... 1953.......... 1954.......... 1955.......... 1956.......... 1 957.......... 1 958.......... 1959.......... I | 1 I f 1 1 V | 1 4 .8 5 .8 - 0 .8 - 1 .9 2 .0 2 .7 1 .9 1 .8 8 .1 0 .2 5 .3 5 .4 2 .3 - 1 .6 2 .9 4 .9 4 .2 2 .4 6 .5 4 .2 4 .0 6 .3 - 4 .8 - 2 .5 0 .6 - 0 .4 - 1 .6 0 .9 1 0 .6 - 6 .2 8 .4 8 .6 -*6i8 - 3 .8 0 .1 - 1 .4 - 1 .2 1 .3 1 3 .0 - 6 .3 - 7 .4 - 0 .7 H8 1 .3 2 .1 2 .5 - 2 .8 - 0 .3 3 .7 - 6 .0 | | | 1 | | | | | | 4 .8 5 .8 - 0 .8 - 1 .9 2 .0 2 .7 1 .9 1 .8 8 .1 0 .2 - 4 .1 7 .7 1 0 .8 5 .2 3 .9 6 .4 - 0 .0 2 .9 1 5 .1 4 .0 - 5 6 .8 - 3 0 .5 1 0 2 .9 1 0 1 .9 —7 .5 - 1 5 .7 - 1 8 .8 - 2 4 .2 1 0 2 .1 - 5 3 .2 4 .4 1 0 .2 6 .9 - 2 .5 5 .8 9 .6 2 .1 5 .3 9 .5 1 0 .7 5 .7 5 .6 - 1 .9 - 2 .7 1 .7 2 .3 2 .1 1 .7 7 .2 - 0 .3 1 96 0 .......... 1961.......... 1962.......... 1 9 6 3 .......... 1 964.......... 1965.......... 1 9 6 6 ..... 1967.......... 1 968.......... 1 969.......... I | I » 1 | 1 1 I 1 - 0 .3 3 .5 2 .6 3 .2 1*2 4 .9 2 .4 2 .5 0 .7 - 1 .5 0 .5 4 .0 2 .9 5 .4 3 .4 4 .9 2 .8 3 .0 0 .3 - 2 .5 - 1 .8 2 .6 2 .2 - 0 .9 - 3 .2 4 .8 1 .6 1 .3 1 .6 0 .5 - 1 .8 3 .2 2 .5 - 1 .3 - 4 .4 6 .2 2 .2 1 .3 2 .2 1 .2 - 1 .8 0 .7 1 .5 0 .5 0 .7 0 .8 - 0 .2 1 .2 - 0 .1 - 1 .8 | | | | | 1 | 1 | | - 0 .3 3 .5 2 .6 3 .2 1 .2 4 .9 2 .4 2 .5 0 .7 - 1 .5 4 .9 8 .0 8 .8 9 .2 4 .6 8 .3 5 .6 5 .0 2 .1 - 0 .2 18 .5 3 3 .3 8 .6 - 6 .6 - 2 1 .7 - 1 0 .5 - 1 9 .9 1 9 .7 8 0 .3 - 4 .9 4 .3 6 .6 8 .8 1 0 .3 6 .2 9 .2 6 .5 4 .6 - 0 .4 0.1 - 1 .0 2 .8 1 .7 2 .2 0 .6 4 .3 1. 6 2 .0 0 .5 - 1 .8 1 970.......... 1971.......... 1 972.......... 1 97 3 .......... 1 9 7 4 ..... 1 975.......... I I 1 | 1 0 .1 3 .9 7 .9 1 0 .5 - 5 .1 5 .5 0 .3 3 .5 7 .5 1 2 .3 - 1 .0 6 .8 - 0 .3 4 .6 8 .6 6 .8 - 1 4 .0 2 .3 - 0 .4 5 .7 1 0 .5 9 .6 - 1 5 .1 3 .0 - 0 .1 1 .1 2 .3 - 3 .6 - 9 .1 - 0 .5 | 1 1 | | | 0 .1 3 .9 7 .9 1 0 .5 - 5 .1 5 .5 - 0 .9 4 .3 5 .6 2 .1 - 4 .2 3 .9 - 3 2 .4 1 5 .9 - 2 4 .3 - 6 2 .3 - 6 3 .1 5 .3 0 .8 3 .9 6 .8 3 .9 - 3 .6 3 .9 0 .3 3 .8 8 .4 1 2 .2 - 5 .3 5 .6 \ TABLE 512.4 BALANCE SHEET OF THE FARMING SECTOR t JANUARY 1 IN 1967 DOLLARS PERCENTAGE CHANGE DURING PREVIOUS FIVE YEARS YEAR 1 1 1 1 1 1 1 1 1 9 4 5 ... 1 9 4 6 ... 1 9 4 7 . . . .. 1 1 9 4 8 ... ..1 1 9 4 9 ... ii 1 9 5 0 ... ..1 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 1 9 5 8 .. . 1 9 5 9 .. . . . . 1 i 1 1 9 6 0 .. . . . . 1 1 9 6 1 .. .. . . I 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 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 .. ____ L _ A SSE T S TOTAL 1 I » 1 | REAL EST A T E 1 1 I 1 1 C LA IM S NON-REAL-ESTATE TOTAL TOTAL PH Y S IC A L F IN A N C IA L 1 I 1 1 1 L IA B IL IT IE S TOTAL CCC LOANS 1 1PR O PR IET O R S • DFBT | E Q U IT IE S EX C LU D IN G I . CLC. LO A N SJ. 2 0 .0 2 3 .7 1 3 .8 8 .1 1 0 .6 8 .3 1 6 .4 1 2 .3 1 0 .6 1 0 .3 4 0 .3 3 6 .1 1 6.1 4 .8 1 1 .0 2 4 .5 1 4 .6 - 0 .4 - 3 .5 1 0 .3 9 5 .8 1 0 7 .9 7 3 .9 3 2 .0 1 3 .0 2 0 .0 2 3 .7 1 3 .8 8 .1 1 0 .6 - 4 3 .8 - 5 0 .5 - 5 0 .5 - 4 1 .7 - 1 1 .I 3 .8 - 7 1 .1 - 9 3 .4 - 9 3 .2 3 5 .6 - 4 6 .0 - 4 9 .2 - 4 7 .9 - 3 7 .4 - 1 4 .4 3 4 .9 4 1 .2 2 6 .6 1 5 .8 1 3.1 5 .8 4 .7 2 1 .2 2 1 .0 1 0 .3 9 .9 7 .8 3 .8 6 .6 1 7 .5 5 .0 1 .5 1 7 .4 2 3 .3 1 4 .4 1 5 .0 1 4 .5 1 3 .2 1 3 .4 2 2 .7 6 .7 9 .4 2 6 .8 1 8 .0 4 .9 3 .2 - 1 .2 - 8 .5 - 3 .0 1 0 .0 1 1 .8 2 7 .0 4 6 .1 2 6 .1 7 .6 5 .6 - 3 .9 - 1 2 .6 - 4 .9 1 1 .6 - 4 .7 -2 3 .1 - 1 2 .0 - 1 .4 - 2 .3 - 3 .1 7 .2 4 .9 2 .8 5 .2 5 .8 4 .7 2 1 .2 2 1 .0 1 0 .3 9 .9 7 .8 3 .8 6 .6 1 7 .5 1 2 .3 1 8.1 4 7 .1 6 3 .9 3 7 .3 2 5 .0 3 8 .7 2 8 .8 1 9 .7 3 0 .9 8 9 .5 1 0 9 .7 6 6 4 .4 1 2 2 5 .7 9 1 .3 1 3 .7 1 2 1 .8 159 .1 - 3 .1 - 3 .0 5 .4 1 4 .8 4 2 .3 5 3 .3 3 1 .2 2 6 .8 3 3 .2 2 3 .3 2 1 .5 3 6 .5 5 .1 3 .6 1 9 .2 1 7 .7 7 .8 8 .3 4 .9 1 .5 5 .2 1 5 .9 1 5 .5 1 2 .0 13.8 1 4 .7 9 .5 1 0.6 1 6 .4 1 5 .2 1 5 .0 1 2 .2 2 4 .2 1 9 .1 1 8 .9 1 9 .4 1 8 .2 1 7.2 2 2 .3 2 1 .0 2 1 .1 1 5 .3 2 .5 1 .1 5 .4 6 .8 - 4 .3 - 1 .1 5 .5 4 .5 3 .5 6 .1 4 .5 4 .1 8 .7 9 .9 - 4 .0 - 2 .0 5 .9 4 .8 3 .6 7 .3 - 3 .1 - 7 .2 - 3 .8 - 2 .1 - 5 .1 1 .6 4 .4 3 .5 3 .1 2 .5 1 5 .5 1 2 .0 1 3 .8 1 4 .7 9 .5 1 0 .6 1 6 .4 1 5 .2 1 5 .0 1 2.2 3 1 .1 2 9 .3 3 9 .6 4 7 .6 4 0 .0 4 0 .8 4 5 .3 4 2 .1 3 7 .1 2 8 .2 - 5 1 .0 -31 .0 1 3 .3 6 2 .3 - 2 5 .0 2 5 .5 - 5 .2 - 4 3 .0 - 3 7 .2 21 .2 4 2 .9 3 5 .9 4 1 .9 4 6 .6 4 7 .6 4 1 .6 4 8 .2 4 8 .0 4 2 .3 2 8 .6 1 3 .6 9 .9 1 0 .7 1 0 .6 5 .5 6 .4 1 2.1 1 1 .0 1 1 .3 9 .4 9 .2 4 .2 5 .6 1 1 .3 2 2 .1 1 7 .6 2 4 .0 8 .7 3 .9 4 .6 9 .2 2 2 .2 2 4 .1 3 2 .2 1 0 .2 4 .8 7 .9 1 5 .8 2 1 .7 4 .1 6 .8 1 3 .6 6 .6 1 0 .3 2 0 .3 2 9 .0 8 .1 1 1.8 - 0 .0 - 0 .9 0 .3 1 .4 - 2 .1 - 9 .4 - 9 .8 9 .2 4 .2 5 .6 1 1 .3 2 2 .1 1 7 .6 2 4 .0 2 2 .3 1 1 .9 1 0 .6 1 1 .2 1 1 .2 6 .8 1 1 .9 4 7 .2 1 1 .3 6 1 .0 1 .8 - 7 8 .7 -91 .8 - 8 7 .2 2 1 .2 1 1 .9 9 .2 1 1 .5 1 6 .2 1 2 .0 1 5 .4 6 .8 2 .7 4 .7 1 1 .3 2 4 .3 1 9 .9 2 6 .5 47 48 TABLE 521.1 ASSETS OF THE FARMING SECTOR, JANUARY 1 CURRENT DOLLARS AMOUNTS IN MILLIONS OF DOLLARS 1 I YEAR | 1 1 1 i 1940. . . | 1 9 4 1 ...| 1 9 4 2 ...1 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 ...| j 1 9 5 0 ...| 1 9 5 1 ...| 1 9 5 2 ...! 1 9 5 3 ...| 1 9 5 4 ...| 1 9 5 5 ...| 1 956. . . | 1 9 5 7 ...| 1 9 5 8 ...I 1 9 5 9 ...| t 1 I9 6 0 ...| 1 9 6 1 ...| 1 9 6 2 ...| 1 9 6 3 ...| 1 9 6 4 ...| 1 9 6 5 ...I 1 9 6 6 ...I 1 9 6 7 ...| 1 9 6 8 ...| 1 9 6 9 ...| i 1 1 9 7 0 ...| 1 9 7 1 .. .1 1 9 7 2 .. .1 1 9 7 3 ...| 1 9 7 4 ... 1 1 9 7 5 ...| 1 9 7 6 ... | TOTAL 5 30 25 . 5 48 56 . 6 29 75 . 7 3 8 74 . 8 45 62 . 94140. 103483. 116399. 127827. 134 84 5. 132369. 151498. 167000. 164472. 161278. 165042. 169558. 177909. 185758. 2 0 2 13 0. 203 95 1. 2 04 7 5 7 . 213385. 2 22 01 7. 2 29 8 9 7 . 238013. 2 54599. 2 67 54 2. 2 81 03 9. 295276. 3 06 23 6. 3 17 6 4 6 . 343257. 387698. 476288. 5 20 59 3. 585397. __________ L 1 1 1 1 TOTAL 1 | 1 1 4 87 08 . 1 501 48 . 1 5 7 3 28 . 1 66296. 1 74710. 1 81636. 1 88563. 1 1 00 45 1. 1 111810. 1 1 18 78 9. J- REAL ESTATE MACHINERY AND L IV ES T O C K MOTOR V E H IC L E S 33636. 34400. 37547. 41604. 48200. 53884. 61046. 68463. 73664. 76623. 3 06 0. 3254. 3988. 4948. 5 439. 6474. 5 38 8. 5 33 8. 7366. 1 0 0 68 . 5 13 3. 5 32 5. 7073. 9643. 9684. 9 01 1. 9 71 7. 11916. 13257. 1 44 26 . 116517. 1 35 4 5 4 . 150 39 0. 147684. 1 44 26 8. 147615. 1 51693. 1 60 03 4. 1 67 48 2. 1 83 03 6. 75256. 86586. 95078. 96535. 95038. 9 81 72 . 102934. 1 10421. 115934. 124393. 12166. 14131. 16674. 17395. 18437. 18595. 19339. 2 02 40 . 201 45 . 218 35 . 12894. 17100. 1 95 27 . 14781. 11745. 11210. 10628. 10997. 13857. 17655. 18 5878. 186886. 1 95262. 203364. 2 11 0 8 6 . 2 18 63 3. 2 34668. 2 47 1 2 6 . 2 59 8 5 3 . 273201. 130561. 132169. 138399. 144303. 152 61 6. 161464. 172762. 182242. 192472. 201 39 2. 2 27 45 . 222 05 . 22516. 23454. 23935. 24826. 26005. 2 74 43 . 29808. 31271. 15248. 15607. 16428. 17307. 15868. 14494. 175 85 . 18973. 188 31 . 20248. 283404. 294006. 318382. 361050. 447731. 490689. 5 5 3 68 4. 206 85 6. 214 95 1. 2 31462. 260556. 325339. 3 71 0 6 4 . 422305. 32299. 3 43 72 . 36612. 3 92 82 . 4 4 3 29 . 56469. 6 5882. 234 80 . 2 3 7 07 . 27274. 34081. 42378. 245 70 . 29509. 1 1 1 1 1 1 1 1 1 1 1 1 l1 1 1 1 1 1 1 1 1 1 1 i 1 ! I 1 1 1 1 1 P H Y S IC A L 1 1 HOUSEHOLD | STORED EQUIPM ENT | CROPS AND | ______ F U R N IS H IN G S ! 1 2666. 4213. ! 2963. 4206. 1 3849. 4871. ! 5 08 1. 5 020. I 6081. 5306. ! 6683. 5 58 4. ! 6274. 6138. 1 7 08 0. 765 4. I 9021. 8502. 1 9110. 8562. I iI 7591. 8 61 0. ! 7 90 7. 9730. ! 8773. 10338. ! | 9942. 9031. ! 9171. 9877. 9646. ! 9992. B340. | 10452. 10040. 1 8336. 7618. 9928. 1 1 9337. 9816. 1 1 7 73 7. 9 58 7. ! 7998. 8907. 1 8 77 4. 9 14 5. ! 900 9. 1 9291. 9815. I 8 85 2. 8643. ! 9206. ! 8 61 0. 9706. 8 46 4. 10004. ! t 9619. 9123. ! 9679. 1 06 11 . j 10921. 10697. 1 18 36 . 14480. 22087. 2 32 74 . 19758. 9 84 8. 10279. 11198. 12651. 1 35 98 . 15312. 16230. I I I I 1 j ! F IN A N C IA L BANK D E P O S IT S TOTAL CURRENCY DEMAND T IM E U .S . IN VESTM ENTS SA V IN G S IN BONDS C O O PERA TIVES 4317. 4708. 5647. 7578. 9852. 12504. 149 20 . 1 5 9 48 . 1 60 17 . 16056. 742. 8 18 . 1 12 8. 1568. 2 042. 2 59 2. 3038. 3 07 0. 2832. 2 74 4. 1286. 1 40 8. 1 75 3. 2503. 3044. 3 63 1. 4377. 49 5 0. 4 99 7. 4736. 1211. 1255. 1312. 1371. 1490. 1683. 1975. 2 17 9. 2 102. 2 10 2. 249. 353. 511. 1112. 2 162. 3379. 4152. 4212. 4 37 5. 4597. 829. 874. 943. 1024. 1114. 1219. 1378. 1537. 1711. 1877. 1 5 8 52 . 160 44 . 1 66 10 . 167 88 . 170 10 . 1 74 27 . 1 7865. 1 78 75 . 18276. 1 9 0 94 . 2 51 0. 2 36 2. 245 2 . 2 33 4. 2 25 8. 2 23 5. 2 234. 2 01 6. 2045. 2 01 0. 446 5 . 4619. 4801. 4801. 4736. 4661. 4661. 4 70 8. 4545. 4888. 2102. 2102. 2169. 2 30 1. 243 2. 2 53 0. 2582. 2634. 2 897. 306 9. 4 72 0. 468 6 . 4707. 4 63 2. 4732. 4969. 5168. 5 06 3. 5 11 6. 5181. 205 5. 2 27 5. 2481. 2 72 0. 2 85 2. 3032. 3220. 3454. 3 67 3. 3946. 1 80 73 . 17871. 181 23 . 186 53 . 18811. 1 93 80 . 1 99 31 . 20416. 2 11 86 . 2 20 75 . 1903. 1 80 3. 1813. 190 5. 1805. 1 84 2. 1 88 0. 1880. 1 92 5. 1981. 4 32 5. 4025. 4045. 396 5 . 3925. 4004. 4 08 4. 40 8 4. 4185. 4303. 294 0. 289 4. 2 95 6. 3296. 3495. 3 733. 4 032. 4 35 5. 4790. 5199. 466 3. 4625. 4463. 4424. 4229. 4206. 4 05 4. 3 92 2. 3787. 3 75 3. 4242. 4524. 4846. 5 06 3. 5357. 5 59 5. 5 88 1. 6 17 5. 6499. 68 3 9 . 22832. 236 40 . 24875. 26648. 28557. 2 99 04 . 31713. 2010. 2 04 4. 2094. 2 184. 2 174. 2050. 2000. 43 6 7 . 4457. 45 5 7. 4758. 4949. 48 9 0 . 5 010. 5 514. 5933. 6 50 0. 7082. 7754. 8 120. 8 61 0. 3740. 3588. 3 67 6. 3 99 1. 4 16 6. 4 33 1. 4424. 7 20 1. 7618. 804 8. 86 3 3. 9 51 4. 10513. 11669. J __________ TABLE 521.2 ASSETS OF THE FARMING SECTOR CURRENT DOLLARS CHANGE DURING YEAR IN MILLIONS OF DOLLARS 1 1 YEAR | 1 1 1 1 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 ...| 1948. . . | 1949. . . | I I 1 9 5 0 .. . | 1951. . . | 1 9 5 2 .. . | 1 9 5 3 ... | 1 9 5 4 ...| 1955. . . | 1 9 5 6 .. . | 1 9 5 7 ...| 1 9 5 8 ... | 1 9 5 9 ... | i 1 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 9 6 6 ...1 1 9 6 7 ...| 1 9 6 8 ... | 1 9 6 9 ...| 1 1 9 7 0 ...| 1 9 7 1 ...1 1 9 7 2 ...1 1 9 7 3 ...| 1 9 7 4 ...| 1 9 7 5 ...| PH Y S IC A L TOTAL TOTAL REAL ESTATE MACHINERY LIV EST O C K AND MOTOR V E H IC L E S F IN A N C IA L STORED CROPS HOUSEHOLD EQUIPM ENT 1 TOTAL AND F U R N IS H IN G S BANK D E P O S IT S CURRENCY DEMAND 1831. 8119. 10899. 10688. 9578. 9 34 3. 12916. 11428. 7018. -2476. 1440. 7 18 0. 8 968. 8 41 4. 6 92 6. 6 92 7. 11888. 11359. 6979. -2272. 764. 3 14 7. 4057. 6596. 5 684. 7162. 7417. 5201. 2959. -1 3 6 7 . 194. 734. 960. 491. 103 5. -1 0 8 6 . -50. 202 8. 270 2. 209 8. 192. 1748. 2 570. 41. -673. 706. 2 19 9. 1341. 1169. -1532. 297. 886. 1232. 1000. 602. -409. 806. 1941. -459. -971. -7. 6 65 . 149. 286. 278. 554. 1516. 8 48. 6 08 . -500. 1 I 1 1 1 1 I 1 1 I 391. 9 39 . 193 1. 2274. 2652. 2416. 1 02 8. 69. 39. -204. -2 3 4 . 1 91 29 . 1 55 02 . -2528. -3194. 3764. 4 51 6. 8351. 7 84 9. 16372. 1 82 1. 18937. 149 36 . -2706. -3416. 3 347. 4 07 8. 8 341. 7448. 15554. 2842. 11330. 8492. 1 457. -1 4 9 7 . 3134. 4 76 2. 7487. 5513. 8459. 6168. 1965. 2543. 721. 1042. 158. 744. 901. -95. 1690. 910 . 4 206. 2 42 7. -4 7 4 6 . -3036. -535. -582. 369 . 286 0. 3798. -2 4 0 7 . 316. 8 6 6. 258. 1 40. 475. -1306. -4. -718. 1 719. -1 6 0 0 . 1120. 608. -396. -65. 115. 460. -412. -112. -112. -229. 1 192. 1 566 . 1 178. 1 222. | 417. 1 438. I 10. I 401. 1 818. 1 -1 0 2 1 . -1 4 8 . 90. -118. -76. -23. -1. -218. 29. -35. -107. 47. -163. 343. -563. 806. 8628. 8632. 78 8 0 . 8116. 16586. 1 29 43 . 134 97 . 142 37 . 1 09 60 . 1 008. 8376. 8 102. 7 722. 7547. 160 35 . 1 2458. 12727. 13348. 102 03 . 1 60 8. 6230. 5904. 8 31 3. 8848. 11298. 9480. 10230. 8920. 5464. -540. 3 11. 938. 481. 8 91. 1179. 1 438. 2 36 5. 1463. 1028. 359. 821. 879 . -1439. -1 3 7 4 . 3 091. 1388. -142. 1417. 3 23 2. 2 61 . 776. 5 17 . 524. -609. 500. 298. -385. 992. 310. -6 8 0 . 238. -136. -157. -209. -33. -146. 6 59 . 556. 169. | 1 I 1 f I1 I -202. 252. 5 30 . 158. 569. 551. 485. 770. 889. 757. -100. 10. 92. -100. 3 7. 38. -300. 20. -80. -40. 79. 80. 0. 0. 45. 56. 29. 11410. 25611. 44441. 88590. 4 4 3 05 . 64804. 1 0602. 24376. 42668. 86681. 4 29 58 . 6 29 95 . 8 09 5. 165 11 . 2 90 94 . 64783. 45725. 51241. 2 07 3. 2240. 2 67 0. 504 7. 12140. 9413. 227. 3567. 6807. 8297. -1 7 8 0 8 . 4939. -224. 1139. 2644. 7607. 1187. -3516. 431. 9 19 . 1 45 3. 947. 1714. 918. 1 1 1 1 1 1 808. 1 23 5. 1773. 1 90 9. 1 34 7. 1 80 9. 34. 50. 90. -10. -124. -50. _______L II II II it 1! 76. 310. 4 40 . 4 74 . 550 . 4 46 . 32. -238. -88. T IM E IN VESTM ENTS u .s . IN SA V IN G S BONDS C O O PERA TIVES 104 . 158. 6 01 . 1050. 1217. 7 73 . 60. 163. 2 22 . 123. 45. 69. 8 1. 90. 1 05. 159 . 159. 1 74. 166. 178. 6 7. 132. 131. 98. 52. 52. 2 63 . 172. -129. -34. 21. -75. 1 00 . 2 37 . 199. -105. 53. 65. -518. 220. 206. 239. 1 32 . 180 . 188. 234. 219. 273. 296. 1 01. 1 18 . 64. —4 6 . 62. 340 . 199. 238. 2 99 . 3 23 . 4 35 . 4 09 . 315 . -38. -162. -39. -195. -23. -152. -132. -135. -34. -13. 282. 322. 217. 294. 238. 286. 294. 324. 340. 362. 90. 100. 201. 191 . -59. 120 . 419. 567. 582. 6 72 . 3 66. 4 90 . -152. 88. 315. 175. 168 . 93. 417. 430. 585. 881. 999. 1156. 1 22. 345. 750. 541. 587. 746. 573. 47. -261. -271. 1 54 . 1 82 . 0. -65. -75. 0. 44. 57. 59. 119. 193. 292 . 204. -77. 0. 0. 0. J_______ CHANGES IN THE CURRENT VALUE OF A S S E T S * ALSO SHOWN IN T A BLE 5 4 1 .1 * R EFL E C T BOTH NET INVESTM ENT AND IN T ER -SEC T O R T RA N SFER S IT A B L E 5 4 2 .1 ) AND C A P IT A L A P P R E C IA T IO N (T A B L E 5 4 3 . 1 ) . CHANGES IN THE PURCHASING POWER OF THE TOTAL FUNDS IN V E S T E D IN FARM A SSE T S SHOULD ALSO B E CO NSID ERED IN EVALUATIN G THE R EA L IM PACT OF CHANGES IN CURRENT-DOLLAR A SSET V ALUES (T A B L E 5 4 4 . 1 ) . 49 50 TABLE 521.3 A S S E T S OF THE FARMING SECTOR CURRENT DOLLARS PERCENTAGE CHANGE DURING YEAR 1 1 YEAR | 1 1 _______ I 1 1 9 4 0 ...| 1 9 4 1 ...| 1 9 4 2 ...1 1 9 4 3 ...1 1 9 4 4 ...| 1 9 4 5 ...| 1 9 4 6 ...| 1 9 4 7 .. .1 1 9 4 8 ...| 1 9 4 9 ...| I 1 9 5 0 ...1 1 9 5 1 .. . r 1 9 5 2 ...1 1 9 5 3 ...| 1 9 5 4 ...| 1 9 5 5 ...| 1 9 5 6 ...1 1 9 5 7 ...1 1 9 5 8 ...| 1 9 5 9 ... | i 1 I9 6 0 ...| 1 9 6 1 ...| 1 9 6 2 ...f 1 9 6 3 ...1 1 9 6 4 ...| 1 9 6 5 ...| 1 9 6 6 ...1 1 9 6 7 ...| 1 9 6 8 ...1 1 9 6 9 ...| 1 P H Y S IC A L TOTAL | TOTAL REAL ESTATE MACHINERY AND LIV ES T O C K MOTOR V E H IC L E S 1 1 HOUSEHOLD 1 STORED EQUIPM ENT 1 TOTAL CROPS AND 1 FU R N IS H IN G S >! 1 11.1 - 0 .2 1 9 .1 2 9 .9 1 5 .8 1 1 9 .9 3 2 .0 3 .1 1 3 4 .2 1 9 .7 5 .7 1 3 0 .0 9 .9 I 2 6 .9 5 .2 9 .9 - 6 .1 I 1 9 .3 1 2 .8 2 4 .7 1 6 .9 2 7 .4 I 0 .4 1 1 .1 - 5 .1 7 .2 1 0 .2 - 1 1 .3 - 5 .5 I - 1 .3 i DEMAND T IM E IN VESTM EN TS U .S . IN SA V IN G S BONDS C O O PERA TIVES 1 0 .2 3 7 .9 3 9 .0 3 0 .2 2 6 .9 1 7 .2 1 .1 - 7 .8 - 3 .1 - 8 .5 9 .5 2 4 .5 4 2 .8 2 1 .6 1 9 .3 2 0 .5 1 3 .1 0 .9 - 5 .2 - 5 .7 3 .6 4 .5 4 .5 8 .7 1 3 .0 1 7 .3 1 0 .3 - 3 .5 0 .0 0 .0 4 1 .8 44. 8 1 1 7 .6 9 4 .4 5 6 .3 2 2 .9 1 .4 3 .9 5 .1 2 .7 5 .4 7 .9 8 .6 8 .8 9 .4 1 3 .0 1 1 .5 1 1 .3 9 .7 9 .5 BANK D E P O S IT S CURRENCY 3 .5 1 4.8 1 7 .3 1 4 .5 1 1 .3 9 .9 1 2 .5 9 .8 5 .5 - 1 .8 | | | | 1 | I | | 1 3 .0 1 4 .3 1 5 .6 1 2 .7 9 .3 8 .5 1 3 .4 1 1.3 6 .2 - 1 .9 2 .3 9 .1 1 0 .8 1 5 .9 1 1 .8 1 3 .3 12.1 7 .6 4 .0 - 1 .8 6 .3 2 2 .6 2 4 .1 9 .9 1 9 .0 - 1 6 .8 - 0 .9 3 8 .0 3 6 .7 2 0 .8 3 .7 3 2 .8 3 6 .3 0 .4 - 6 .9 7 .8 2 2 .6 1 1 .3 8 .8 - 1 0 .6 1 4 .5 1 0 .2 - 1 .5 - 1 .9 2 .3 2 .7 4 .9 4 .4 8 .8 0 .9 | | | 1 | I | | | | 1 6 .3 1 1 .0 - 1 .8 - 2 .3 2 .3 2 .8 5 .5 4 .7 9 .3 1 .6 1 5.1 9 .8 1 .5 - 1 .6 3 .3 4 .9 7 .3 5 .0 7 .3 5 .0 1 6.2 1 8 .0 4 .3 6 .0 0 .9 4 .0 4 .7 - 0 .5 8 .4 4 .2 3 2 .6 1 4 .2 - 2 4 .3 - 2 0 .5 - 4 .6 - 5 .^ .3 .5 2 6 .0 2 7 .4 - 1 3 .6 4 .2 1 1 .0 2 .9 1 .6 5^2 - 1 ^ .5 - 0 .0 - 8 .6 2 2 .6 - 1 7 .1 1 3 .0 6 .2 - 3 .8 - 0 .7 1 .2 4 .6 - 3 .9 - 1 .1 - 1 .1 - 2 .3 1 1 1 1 1 f 1 1 | 1 1 1 .2 3 .5 1 .1 1 .3 2 .5 2 .5 0 .1 2 .2 4 .5 - 5 .3 - 5 .9 3 .8 - 4 .8 - 3 .3 - 1 .0 - 0 .0 - 9 .8 1 .4 - 1 .7 - 5 .3 3 .4 3 .9 0 .0 - 1 .4 - 1 .6 0 .0 1 .0 •*3.5 7 .5 - 1 1 .5 0 .0 3 .2 6 .1 5 .7 4 .0 2 .1 2 .0 io .p 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 1 0 .7 9 .1 9 .6 4 .9 6 .3 6 .2 7 .3 6 .3 7 .4 7 .5 0 .4 4 .2 4 .0 3 .5 3 .5 7 .0 5 .1 5 .0 5 .1 3 .7 | 1 | I | | 1 | | I 0 .5 4 .5 4 .1 3 .8 3 .6 7 .3 5 .3 5 .2 5 .1 3 .7 1 .2 4 .7 4 .3 5 .8 5 .8 7 .0 5 .5 5 .6 4 .6 2 .7 - 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 2 1 .3 7 .9 - 0 .7 7 .5 1 6.0 3 .4 9 .7 5 .9 5 .6 - 6 .2 5 .4 3 .1 - 3 .8 1 0 .3 2 .9 - 7 .1 2 .7 - 1 .5 - 1 .7 - 2 .4 - 0 .4 - 1 .7 7 .8 6 .1 1 .7 1 1 1 1 1 I 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 1 1 .5 6 .0 6 .8 8 .0 8 .0 1 0 .0 8 .5 6 .1 - 0 .8 - 3 .5 - 0 .9 - 4 .4 - 0 .5 -3. 6 - 3 .3 - 3 .4 - 0 .9 - 0 .3 6 .6 7 .1 4 .5 5 .8 4 .4 5 .1 5 .0 5 .2 5 .2 5 .3 3 .7 8 .1 1 2 .9 2 2 .9 9 .3 1 2 .4 | 1 | | 1 1 3 .7 8 .3 1 3 .4 2 4 .0 9 .6 1 2.8 3 .9 7 .7 1 2 .6 2 4 .9 14.1 1 3 .8 6 .4 6 .5 7 .3 1 2 .8 2 7 .4 1 6 .7 1 .0 1 5 .0 2 5 .0 2 4 .3 - 4 2 .0 2 0 .1 - 2 .1 1 0 .6 2 2 .3 5 2 .5 5 .4 - 1 5 .1 4 .4 8 .9 1 3 .0 7 .5 1 2 .6 6 .0 3 .5 5 .2 7 .1 7 .2 4 .7 6 .0 1 .7 2 .4 4 .3 - 0 .5 - 5 .7 - 2 .4 2 .1 2 .2 4 .4 4 .0 - 1 .2 2 .5 7 .6 9 .6 9 .0 9 .5 4 .7 6 .0 - 4 .1 2 .5 8 .6 4 .4 4 .0 2 .1 5 .8 5 .6 7 .3 10.2 1 0 .5 1 1.0 i I 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 ...| F IN A N C IA L ____L_ I 1 1 1 1 1 J____ TABLE 521.4 1 1 YEAR | TOTAL 1 1 1 . 1 1 9 4 0 ...| 1 0 0 .0 1 9 4 1 ...| 1 0 0 .0 100.0 1 9 4 2 ...| 1 0 0 .0 1 9 4 3 ...1 1 9 4 4 ...| 1 0 0 .0 1 9 4 5 ...| 1 0 0 .0 1 9 4 6 ...| 1 0 0 .0 1 9 4 7 ...| 1 0 0 .0 1 9 4 8 .. . 1 1 0 0 .0 1 9 4 9 ... | 1 0 0 .0 1 I 1 9 5 0 .. . | 1 0 0 .0 1 00 .0 1 9 5 1 .. . | 1 0 0 .0 1 9 5 2 .. . | 1 9 5 3 ... | 1 0 0 .0 1 0 0 .0 1 9 5 4 ...t 1 00 .0 1 9 5 5 ... | 1 0 0 .0 1 9 5 6 ...1 1 0 0 .0 1 9 5 7 ...| 1 0 0 .0 1 9 5 8 ...f 1 9 5 9 ... | 1 0 0 .0 ■ 1 1 9 6 0 .. . | 1 0 0 .0 100 .0 1 9 6 1 .. . I 1 0 0 .0 1 9 6 2 ...1 1 9 6 3 ...f 1 00 .0 100 .0 1 9 6 4 ...| 1 0 0 .0 1 9 6 5 .. . | 1 0 0 .0 1 9 6 6 ...| 100.0 1 9 6 7 ...1 1 0 0 .0 1968. . . | 1 0 0 .0 1 9 6 9 ...1 1 1 0 0 .0 1 9 7 0 ...| 1 00 .0 1 9 7 1 ...! 1 9 7 2 . . . 1 1 0 0 .0 1 0 0 .0 1 9 7 3 ...| 1 0 0 .0 1 9 7 4 ...| 1 0 0 .0 1 9 7 5 ...| 1 0 0 .0 1 9 7 6 ...| _______ L ASSETS OF THE FARMING SECTOR f JANUARY 1 CURRENT DOLLARS PERCENTAGE OF TOTAL P H Y S IC A L TOTAL REAL ESTATE MACHINERY L IV ES T O C K AND MOTOR V E H IC L E S I 1 HOUSEHOLD 1 STORED EQUIPM ENT I TOTAL AND CROPS 1 FU R N IS H IN G S » I 5 .0 7 .9 1 8 .1 5 .4 | 8 .6 7 .7 7 .7 ! 9 .0 6 .1 6 .9 6 .8 1 1 0 .3 I 1 1 .7 6 .3 7 .2 5 .9 1 1 3 .3 7 .1 5 .9 1 1 4 .4 6 .1 I 1 3 .7 6 .6 6 .1 | 1 2 .5 6 .7 7 .1 1 1 1 .9 6 .8 6 .3 l» 5 .7 I 1 2 .0 6 .5 6 .4 I 1 0 .6 5 .2 1 9 .9 5 .3 6 .2 5 .5 6 .0 1 1 0 .2 | 1 0 .5 5 .7 6 .1 1 1 0 .6 5 .8 6 .1 I 1 0 .5 4 .9 6 .2 4 .7 1 1 0 .0 5 .6 | 9 .8 4 .1 5 .3 | 9 .4 4 .9 4 .6 j 9 1 .9 9 1 .4 9 1 .0 8 9 .7 8 8 .3 8 6 .7 8 5 .6 8 6 .3 8 7 .5 8 8.1 6 3 .4 6 2 .7 5 9 .6 5 6 .3 5 7 .0 5 7 .2 5 9 .0 5 8 .8 5 7 .6 5 6 .8 5 .8 5 .9 6 .3 6 .7 6 .4 6 .9 5 .2 4 .6 5 .8 7 .5 9 .7 9 .7 1 1.2 1 3.1 1 1 .5 9 .6 9 .4 1 0 .2 1 0 .4 1 0 .7 8 8 .0 8 9 .4 9 0 .1 8 9 .8 8 9 .5 8 9 .4 8 9 .5 9 0 .0 9 0 .2 9 0 .6 5 6 .9 5 7 .2 5 6 .9 5 8 .7 5 8 .9 5 9 .5 6 0 .7 6 2 .1 6 2 .4 6 1 .5 9 .2 9 .3 1 0.0 1 0 .6 1 1 .4 1 1 .3 1 1 .4 1 1 .4 1 0 .8 1 0 .8 9 .7 1 1 .3 1 1 .7 9 .0 7 .3 6 .8 6 .3 6 .2 7 .5 8 .7 9 1 .1 9 1 .3 9 1 .5 9 1 .6 9 1 .8 9 1 .9 9 2 .2 9 2 .4 9 2 .5 9 2 .5 6 4 .0 6 4 .5 6 4 .9 6 5 .0 6 6 .4 6 7 .8 6 7 .9 6 8 .1 6 8 .5 6 8 .2 1 1.2 1 0.8 1 0 .6 1 0 .6 1 0 .4 1 0 .4 10.2 1 0 .3 1 0 .6 1 0 .6 7 .5 7 .6 7 .7 7 .8 6 .9 6 .1 6 .9 7 .1 6 .7 6 .9 3 .8 3 .9 4 .1 4 .2 4 .3 3 .9 3 .8 3 .7 3 .4 3 .6 4 .7 4 .4 4 .3 4 .1 3 .9 3 .6 3 .4 3 .2 3 .2 3 .3 | I | I I 1 t | 1 | 1 9 2 .5 9 2 .6 9 2 .8 9 3 .1 9 4 .0 9 4 .3 9 4 .6 6 7 .5 6 7 .7 6 7 .4 6 7 .2 6 8 .3 7 1 .3 7 2 .1 1 0 .5 1 0 .8 1 0 .7 10.1 9 .3 1 0 .8 1 1 .3 7 .7 7 .5 7 .9 8 .8 8 .9 4 .7 5 .0 3 .6 3 .4 3 .4 3 .7 4 .6 4 .5 3 .4 3 .2 3 .2 3 .3 3 .3 2 .9 2 .9 2 .8 1 I 1 | 1 1 | F IN A N C IA L BANK D E P O S IT S CURRENCY DEMAND T IM E U .S . IN VESTM ENTS IN SA V IN G S BONDS C O O PERA TIVES 1 .4 1 .5 1 .8 2 .1 2 .4 2 .8 2 .9 2 .6 2 .2 2 .0 2 .4 2 .6 2 .8 3 .4 3 .6 3 .9 4 .2 4 .3 3 .9 3 .5 2 .3 2 .3 2 .1 1 .9 1 .8 1 .8 1 .9 1 .9 1 .6 1 .6 0 .5 0 .6 0 .6 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 .9 1 .6 1 .5 1 .4 1 .4 1 .4 1 .3 1 .1 1 .1 1 .0 3 .4 3 .0 2 .9 2 .9 2 .9 2 .8 2 .7 2 .6 2 .4 2 .4 1 .6 1 .4 1 .3 1 .4 1 .5 1 .5 1 .5 1 .5 1 .6 1 .5 3 .6 3 .1 2 .8 2 .8 2 .9 3 .0 3 .0 2 .8 2 .8 2 .6 1 .6 1 .5 1 .5 1 .7 1 .8 1 .8 1 .9 1 .9 2 .0 2 .0 8 .9 8 .7 8 .5 8 .4 8 .2 8 .1 7 .8 7 .6 7 .5 7 .5 0 .9 0 .9 0 .8 0 .9 0 .8 0 .8 0 .7 0 .7 0 .7 0 .7 2 .1 2 .0 1 .9 1 .8 1 .7 1 .7 1 .6 1 .5 1 .5 1 .5 1 .4 1 .4 1 .4 1 .5 1 .5 1 .6 1 .6 1 .6 1 .7 1 .8 2 .3 2 .3 2 .1 2 .0 1 .8 1 .8 1 .6 1 .5 1 .3 1 .3 2 .1 2 .2 2 .3 2 .3 2 .3 2 .4 2 .3 2 .3 2 .3 2 .3 7 .5 7 .4 7 .2 6 .9 6 .0 5 .7 5 .4 0 .7 0 .6 0 .6 0 .6 0 .5 0 .4 0 .3 1 .4 1 .4 1 .3 1 .2 1 .0 0 .9 0 .9 1 .8 1 .9 1 .9 1 .8 1 .6 1 .6 1 .5 1 .2 1.1 1.1 1 .0 0 .9 0 .8 0 .8 2 .4 2 .4 2 .3 2 .2 2 .0 2 .0 2 .0 J 51 52 TABLE 522.1 ASSETS OF THE FARMING SECTOR, JANUARY 1 IN 1967 PRICES AMOUNTS IN MILLIONS OF DOLLARS 1 1 YEAR | 1 1 __________ L 1 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 ... I 1 9 4 9 ... | j 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 9 5 6 ... | 1 9 5 7 ...| 1 9 5 8 ... | 1 9 5 9 ... | i 1 I9 6 0 ... | 1 9 6 1 ... 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 ... | I 1 1 9 7 0 ... I 1 9 7 1 ... | 1 9 7 2 ... | 1 9 7 3 ... 1 1 9 7 4 ...| 1 9 7 5 .. . | 1 9 7 6 ... | __________ L TOTAL 1 1 1 1 1 P H Y S IC A L TOTAL JL 207 19 7. 210 11 7. 213643. 218 34 3. 2 21 07 5. 224974. 2 27 6 0 8 . 228040. 2 27 20 0. 2 35 32 4. 2 4 0 56 9. 243 47 5. 2 47 1 4 5 . 250 84 1. 254938. 2 57 8 6 0 . 2 6 0 16 9. 2 58385. 2 59 0 0 2 . 262 17 8. 2 61 39 2. 2 61 2 5 6 . 262561. 2 6 4 08 0. 2 65 5 6 7 . 265096. 267192. 2 67 5 4 2 . 2 71 30 1. 2 73681. 2 73 59 2. 2 72574. 2 75 74 3. 2 75 71 2. 276111. 273649. 2 74291. 1 1 1 1 1 1 1 1 I 1 1 i1 1 1 1 1 I 1 1 1 1 1 i i 1 1 1 1 1 1 1 1 1 1 i i 1 1 1 1 1 1 1 | 1 95 20 5. 197 39 3. 2 00 1 9 7 . 2 02 21 9. 202129. 2 02 24 0. 201432. 2 0 3 87 5. 2 0 6 39 8. 2 13 9 1 5 . 2 1 8 85 5. 223419. 227371. 230368. 2 3 3 93 9. 236346. 237838. 236 85 0. 237501. 240231. 1 1 MACHINERY HOUSEHOLD 1 REAL AND L IV ES T O C K STORED EQUIPM ENT | TOTAL ESTATE MOTOR CROPS AND | V E H IC L E S ____________ F U R N IS H IN G S 1_________ 1 156400. 6429. 9114. 14919. 8 34 3. I 119 92 . 157100. 9437. 15187. 7173. 8496. 1 127 24 . 157 80 0. 107 06 . 16108. 7026. 8 557. 1 134 46 . 1 58500. 102 26 . 8136. 7 98 5. 17372. 1 16124. 1 59200. 7719. 9406. 7601. 18203. | 1 89 46 . 159900. 17214. 9504. 7 47 0. 1 2 27 34 . 8152. 1 59600. 10065. 166 46 . 7467. 7654. 1 2 61 76 . 161200. 7519. 159 99 . 1 0 9 76 . 8 181. 1 2 4 1 65 . 162800. 15261. 6416. 134 61 . 8460. 1 20802. 164700. 1 66 30 . 8465. 1 21409. 15143. 8 97 7. 1 1 166500. 15334. 82 3 9. 1 21714. 196 76 . 9 10 6. 168000. 2 21 74 . 15985. 7810. 945 0. I 20056. 169300. 16830. 7486. 9579. 1 1 9774. 2 41 76 . 171000. 248 45 . 173 09 . 7916. 9298. 1 2 04 73 . 172400. 8800. ( 20999. 9 28 0. 26217. 17242. 90 59. 17517. 1 21514. 1 73600. 9 65 8. 26512. 174500. 2 66 83 . 9022. I 22331. 10102. 17531• 9 70 4. 175 40 0. 8671. | 21535. 26132. 16943. 1 2 15 01 . 1 76100. 25558. 16652. 9596. 9 59 5. 1 1 0 79 . 176700. 257 04 . 17216. 1 21947. 9532. i 2 40 8 5 5 . 240 94 7. 2 4 2 19 8. 2 43 58 2. 245120. 244257. 246645. 2 47 1 2 6 . 2 50 3 2 5 . 2 52 4 5 5 . 177886. 1 78 54 1. 1 79137. 179797. 180522. 181192. 181638. 182242. 182531. 182754. 2 6 2 92 . 25818. 2 53 99 . 2 5 3 74 . 25578. 25983. 266 37 . 27443. 28520. 2 86 49 . 17682. 174 97 . 17906. 185 28 . 18961. 18899. 18760. 18973. 19084. 19336. 9 73 0. 1 03 15 . 10656. 108 74 . 110 74 . 9497. 10914. 10004. 11373. 1 2665. 9265. 8 77 6. 9 10 0. 9 00 9. 8 985. 8686. 8 69 6. 846 4. 8817. 9 05 1. 252836. 252369. 255185. 255826. 2 58 03 7. 2 56561. 2 57 60 0. 182978. 183201. 183447. 183545. 183656. 1 83735. 183759. 2 86 44 . 28805. 286 10 . 28925. 30255. 3 09 47 . 31071. 1 95 54 . 20211. 205 07 . 2 08 99 . 21859. 2 22 00 . 21419. 127 40 . 1 11 25 . 130 37 . 12111. 119 80 . 9553. 114 31 . 8920. 9 027. 9 58 4. 10346. 10287. 10126. 9 92 0. 1 20537. 1 20309. 1 2 03 63 . | 20498. 1 204 47 . 1 2 0 8 39 . | 2 05 47 . 1 20416. 1 20976. 1 2 12 26 . 1 1 | 20756. 1 2 02 05 . | 2 0558. I 19886. 1 18074. 1 170 88 . I 166 91 . J __________ F IN A N C IA L BANK D E P O S IT S CURRENCY U .S . IN VESTM EN TS SA V IN G S IN BONDS lCO O PERATIVES DEMAND T IM E 2 06 1. 2 21 1. 2 68 6. 3 33 6. 3927. 4713. 5330. 4652. 3678. 3659. 3572. 3805. 417 4. 5326. 5854. 6 602. 7 67 9. 7 500. 649 0 . 631 5. 3 364. 3 392. 3124. 2 91 7. 2865. 3 060. 3465. 3302. 2730. 2803. 692. 954. 1217. 2 36 6. 4156. 6143. 7284. 6382. 5 68 2. 6129. 2 303. 2362. 2245. 2 17 9. 2 142. 2 21 6. 2 41 8. 232 9. 222 2. 2503. 3 43 8. 2952. 2919. 2 84 6. 2 78 8. 275 9. 2792. 2429. 2406. 2 310. 611 6. 5 774. 5715. 5 855. 5 84 7. 5754. 5 82 6. 5672. 5347. ‘5 61 8. 2 879. 2628. 2582. 2806. 3002. 3123. 3228. 3173. 3 40 8. 3528. 6 46 6. 585 8. 5604 . 5 64 9. 5 842. 6135. 6460. 6 10 0. 6019. 5 95 5. 2 81 5. 2 844. 2 954. 3 31 7. 3 52 0. 3 743. 4025. 4161 . 4321 . 4536. 2 16 2. 2 04 9. 2037. 2093. 1962. 1981. 1938. 1880. 1906. 1905. 4 91 5. 4574. 4545. 4 357. 426 6. 4305. 421 0. 4 084. 4144. 4138. 3 34 1. 3289. 3 321. 3622. 3799. 4 01 4. 4 15 7. 435 5. 4 74 3. 499 9. 5 29 9. 5256. 5 01 5. 4862. 4 59 7. 4522. 4179. 3922. 3749. 3609. 4820. 514 1. 5445 . 5 564. 582 3. 6017. 6063. 6 17 5. 6435. 6576. 1827. 1 74 7. 1731. 1630. 1376. 1171. 1 05 3. 3970. 3809. 3 76 6. 3 55 1. 3132. 2 79 4. 2 637. 5013. 5071. 5372. 5285. 4909. 4640. 4 53 2. 3400. 3 06 7. 3038. 2978. 263 7. 2 47 5. 2 328. 6546. 6511. 6651 . 6 44 2. 6 02 1. 6007. 6 14 2. IN T H ESE USDA S E R I E S , PH Y S IC A L A S S E T S ARE VALUED AT T H E IR 1967 P R IC E S , SO THAT THE DATA R E F L E C T CHANGES IN P H Y S IC A L Q U A N T IT IE S OF THE A S S E T S . FOR F IN A N C IA L A S S E T S , AMOUNTS IN CURRENT DOLLARS (T A B L E 5 2 1 .1 ) ARE D EFLA TED BY THE IN D EX OF P R IC E S P A ID BY FARMERS (P A R IT Y IN D E X , S E E T A B LE 5 3 1 . 1 ) , AND THUS THE DATA R E F L E C T CHANGES IN THE PURCHASING POWER OF T H ESE A S S E T S . TABLE 522.2 ASSETS OF THE FARMING SECTOR IN 1967 PRICES CHANGE DURING YEAR IN MILLIONS OF DOLLARS YEAR 1 i I 1 t TOTAL 1 1 1 I 1 f PH Y S IC A L _____ TOTAL REAL ESTATE MACHINERY AND L IV ES T O C K MOTOR STORED CROPS HOUSEHOLD EQUIPM ENT AND F IN A N C IA L t 1 I TOTAL t BANK D E P O SIT S CURRENCY DEMAND T IM E U .S . IN VESTM ENTS IN SA V IN G S C O O PERA TIVES BONDS 1 . _________l_______________ ___________________________ __ FURNISHINGS. 1940. . . | 1941. . . | 1 9 4 2 ... | 1943. . . 1 1944. . . 1 1 9 4 5 ...1 1946. . . f 1 9 4 7 ...| 1 9 4 8 ...| 1 9 4 9 .. . | f1 1 9 5 0 .. . | 1 9 5 1 ... 1 1952. . . | 1 9 5 3 .. . I 1 9 5 4 ...1 1 9 5 5 .. . | 1956. . . | 1 9 5 7 ...1 1958. . . 1 1 9 5 9 .. . | i 1 1960. . . | 1 9 6 1 ...| 1 9 6 2 ...| 1963. . . 1 1 9 6 4 ...| 1965. . . | 1966. . . 1 1 9 6 7 ...| 1 9 6 8 .. . I 1 9 6 9 ...| 1 1 9 7 0 ...1 1 9 7 1 ...1 1972. . . 1 1 9 7 3 .. . I 1974 . . . \ 1 9 7 5 ... | ______ L_ 2920. 3526. 4700. 2 73 2. 3899. 2634. 432. -840. 8124. 5 245. | f | I | | | | 1 | l 1 2 90 6. 1 3670. | 3696. | 4097. | 2922. 1 230 9. [ -1784. | 617 . 1 3176. 1 -786. | i 1 -136. ! 1305. | 1519. | 1487. | -471. 1 2096. | 3 50. | 3759. | 2380. 1 -89. | 1 -1018. 1 3169. I -31. 1 3 99 . | -2462. 1 642. 1 2188. 2 80 4. 2022. -90. 111 . -8 0 8 . 2 44 3. 2523. 7 517. 4 94 0. 7 00. 700. 700 . 700. 700. -300. 1600. 1600. 1900. 1800. 323. 1269. -480. -820. 98. 561. 9 11 . 2485. 3169. 3046. 268. 9 21 . 1264. 831. -9 8 9 . -568. -6 4 7 . -738. -118. 191. 744. -147. 1110. -4 1 7 . 4 33 . -685. 52. -1103. 2049. -2 26. 153. 61. -5 7 2 . -3 8 4 . -1 3 1 . 184. 527. 2 79 . 517 . 129. i 732. 1 722. t 2678. 1 2822. 1 3 78 8. 1 3 44 2. 1 -2011. 1 -3363. 1 6 07 . 1 3 05. 150. 4 75 . 650. 5 91 . 786. 6 17 . -678. -974. -19. -221. 233. 369. 1152. 528. 748. 1077. -179. -1010. -175. -199. 26. -268. -207. -52. 195. 405. -163. -5 7 2 . 73. 7 6. 262. 2 63 . 1149. 1792. 1985. 1141. -902. -700. 4 47 . 337. 5 9. -117. -66. -37. 7 4. 2 02 . -89. -107. 281. 312. 4 56 4. 3 95 2. 2997. 3 57 1. 2 407. 1492. -988. 651. 2 730. 624. 1 50 0. 1300. 1 70 0. 1400. 1 200. 900. 900. 700. 600. 1186. 2 49 8. 2002. 669. 1372. 2 95 . 171. -551. -574. 146. 588 . 6 51 . 845. 479. -6 7 . 2 75. 14. -588. -291. 564. 466. -429. -324. 430. 884. 2 59. -37. -351. 925. 1483. -1349. 344. 129. -281. -18. 378. 444. -398. -109. -63. -2 6 7 . I -1658. I -282. | 699. 1 5 26. I 5 15 . 1 817. | -796. 1 -34. I 446. ! -1 4 1 0 . -486. -33. -73. -58. -29. 33. -3 6 3 . -23. -96. -1 4 8 . -342. -59. 140. -8. -93. 72. -154. -325. 271. -703. -251. -46. 224. 196. 121. 105. -55. 235 . 120. -187. -608. -254. 45. 193. 2P3. 325. -360. -81. -64. -656. 2 9. 110. 363. 203. 223. 282. 136. 160 . 215. 284. 92. 1251. 1384. 1538. -863. 2388. 481. 3 199. 2 13 0. 381. 655. 5 96. 660. 7 25. 670. 446. 604. 289. 223. 2 24 . -474. -419. -25. 2 04. 405. 6 54 . 806. 1077. 1 29 . -5. -1 8 5 . 4 09 . 622. 433. -62. -139. 213. 111. 2 52 . 218. 585 . 341. 218 . 200. -1577. 1417. -910. 1369. 1292. 75. -489. 324 . -91. -24. -299. 1 0. -232. 353. 234. -131. I | | | 1 1 | I 1 | -228. 5 4. 135 . -51. 392. -292. -131. 560. 250. -470. -113. -12. 56. -131. 19. -43. -58. 26. -1. -78. -341. -29. -188. -91. 39. -9 5. -126. 60. -6. -168. -52. 3 2. 301. 177. 215. 143. 198. 388. 256. 14. -43. -241. -153. -265. -75. -343. -257. -173. -140. -209. 321 . 304. 119. 259. 194. 46 • 112. 2 60 . 141. -30. -467. 2 816. 641 . 2211. -1476. 1039. 223. 2 46 . 98. 111 . 79. 24. 161. -195. 315. 1 33 0. 692. 124. 6 57 . 296. 392. 9 60. 341. -781. -1615. 1 91 2. -926. -131. -2427. 1878. 107. 557. 7 62. -59. -161. -206. | -551. 1 3 53 . I -672. I -1812. | -986. I -397. -80. -16. -1 0 1 . -254. -20 5. -118. -161. -43. -215. -419. -338. -157. 58. 301. -87. -376. -2 6 9 . -108. -333. -29. -60. -341. -162. -147. -35. 140. -2 0 9 . -421. -14. 135. ___ L 53 54 TABLE 522*3 A S S E T S OF THE FARMING SECTOR IN 1 9 6 ? P R IC E S PERCENTAGE CHANGE DURING YEAR YEAR 1 1 I I t TOTAL 1 »___ 1 1 TOTAL 1 P H Y S IC A L REAL ESTATE MACHINERY AND LIV ES T O C K MOTOR STORED CROPS 1 1 1 1 TOTAL 1 HOUSEHOLD EQUIPM ENT AND F IN A N C IA L BANK D E P O S IT S CURRENCY DEMAND T IM E U .S . IN VESTM EN TS SA V IN G S IN BONDS C O O PERA TIVES J ----------------------1______________________ V E H I C L E S _______________________ F U R N IS H IN G S . 1 9 4 0 ...| 1 9 4 1 ...| 1 9 4 2 ...| 1 9 4 3 ...1 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 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 9 5 6 ...! 1 9 5 7 ...| 1 9 5 8 ...! 1 9 5 9 ...| 1 I9 6 0 ...| 1 9 6 1 .. . | 1 9 6 2 ... I 1 96 3. . . ! 1 9 6 4 ... | 1 9 6 5 ... | 1 9 6 6 ... ! 1 9 6 7 ...! 1968.•• | 1 9 6 9 .. . ! i 1 9 7 0 .. . ! 1 9 7 1 ... ! 1 9 7 2 .. . ! 1 9 7 3 ... 1 1 9 7 4 ...| 1 9 7 5 ...| __________ L _ 1 .4 1 .7 2 .2 1 .3 1 .8 1 .2 0 .2 - 0 .4 3 .6 2 .2 | | I ! 1 1 1 | I 1 1 1 .1 1 .4 1 .0 - 0 .0 0 .1 - 0 .4 1 .2 1 .2 3 .6 2 .3 0 .4 0 .4 0 .4 0 .4 0 .4 - 0 .2 1 .0 1 .0 1 .2 1 .1 3 .5 1 3 .4 - 4 .5 - 8 .0 1 .0 5 .9 9 .1 2 2 .6 2 3 .5 1 8 .3 1 .8 6 .1 7 .8 4 .8 - 5 .4 - 3 .3 - 3 .9 - 4 .6 - 0 .8 1 .3 1 1 .6 - 2 .0 1 5 .8 - 5 .1 5 .6 - 8 .4 0 .7 - 1 4 .7 3 1 .9 - 2 .7 1 .8 0 .7 - 6 .7 - 4 .8 - 1 .7 2 .5 6 .9 3 .4 6 .1 1 .4 1 .2 1 .5 1 .5 1 .6 1 .1 0 .9 - 0 .7 0 .2 1 .2 - 0 .3 ! » 1 1 1 | 1 ! 1 1 j 2 .1 1 .8 1 .3 1 .6 1 .0 0 .6 - 0 .4 0 .3 1 .1 0 .3 0 .9 0 .8 1 .0 0 .8 0 .7 0 .5 0 .5 0 .4 0 .3 0 .7 1 2 .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 .7 - 5 .2 - 4 .1 5 .7 1 1 .2 2 .9 - 0 .4 - 3 .9 1 0 .7 1 5 .5 - 1 2 .2 3 .8 1 .4 - 2 .9 - 0 .2 4 .1 4 .6 - 3 .9 - 1 .1 - 0 .7 - 2 .8 - o .i 0 .5 0 .6 0 .6 - 0 .2 0 .8 0 .1 1*4 0 .9 - o .o ! | 1 | 1 1 | 1 | ! i i ! 1 ! l I 1 1 0 .0 0 .5 0 .6 0 .6 - 0 .4 1 .0 0 .2 1 .3 0 .9 0 .2 0 .4 0 .3 0 .4 0 .4 0 .4 0 .2 0 .3 0 .2 0 .1 0 .1 - 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 1 4 .9 - 8 .3 1 3 .7 1 1 .4 0 .6 - 5 .3 3 .7 - 1 .0 - 0 .3 - 3 .3 0 .1 - 2 .7 4 .2 2 .7 - 1 .4 - 0 .2 1 .1 0 .3 0 .9 - 0 .6 0 .4 0 .1 0 .1 0 .1 0 .1 0 .0 0 .0 0 .6 - 0 .7 1 .1 4 .6 2 .3 0 .4 3 .4 1 .5 1 .9 4 .6 1 .6 - 3 .5 - 1 2 .7 1 7 .2 - 7 .1 - 1 .1 - 2 0 .3 1 9 .7 1 .2 6 .2 8 .0 - 0 .6 - 1 .6 - 2 .0 - 0 .4 1 .2 - o .o 0 .1 - 0 .9 0 .2 1 6 .1 I 5 .7 I 1 9 .9 1 1 7 .5 I 2 0 .0 1 1 5 .1 I - 7 .7 1 - 1 3 .9 1 2 .9 1 1 .4 1 1 1 - 7 .6 1 - 1 .4 I 3 .5 1 2 .6 1 2 .5 | 3 .8 1 - 3 .6 1 - 0 .2 1 2 .1 I - 6 .4 i 1 I 1 f 1 I 1 1 1 1 i - 1 .1 0 .3 0 .7 - 0 .2 1 .9 - 1 .4 - 0 .6 2 .7 1 .2 - 2 .2 I - 2 .7 I 1 .7 1 - 3 .3 1 - 9 .1 | - 5 .5 I - 2 .3 J ___________ 7 .3 2 1 .5 2 4 .2 1 7 .7 2 0 .0 1 3.1 - 1 2 .7 - 2 0 .9 - 0 .5 - 6 .0 6 .5 9 .7 2 7 .6 9 .9 1 2 .8 1 6 .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 9 4 .4 7 5 .7 4 7 .7 1 8 .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 1 2 .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 1 2.3 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 .9 - 1 0 .1 - 4 .1 - 1 .1 - 5 .7 - 1 1 .8 - 1 0 .8 - 5 .6 1 .2 5 .9 - 1 .6 - 7 .1 - 5 .5 - 2 .3 - 9 .8 - 0 .9 - 2 .0 - 1 1 .5 - 6 .1 - 5 .9 - 0 .5 2 .2 - 3 .1 - 6 .5 - 0 .2 2 .2 TABLE 522.4 ASSETS OF THF FARMING SECTOR, JANUARY 1 IN 1967 PRICES PERCENTAGE OF TOTAL 1 1 YEAR | 1 1 __________ L_ 1 1 Q 4 0 .. . | 1 9 4 1 .. . | 1942. ..1 1 9 4 3 ... 1 1944. . . | 1 9 4 5 ... | 1 9 4 6 ... I 1 9 4 7 ... I 1 9 4 8 .. . | 1 9 4 9 .. . | ii 1 9 5 0 ... | 1 9 5 1 .. . | 1952. . . | 1 9 5 3 .. . | 1 9 5 4 ... | 1955. . . | 1 956. . . | 1 9 5 7 ...| 1 9 5 8 .. . | 1 9 5 9 ...| 1 I 1 9 6 0 .. . | 1 9 6 1 .. . | 1962. . . t 1 9 6 3 ... 1 1 9 6 4 ...| 1965. . . | 1 9 6 6 ...| 1 9 6 7 ...| 1 9 6 8 ...| 1 9 6 9 ...| i 1 1 9 7 0 .. . | 1 9 7 1 ... | 1 9 7 2 ... 1 1 9 7 3 ... I 1 9 7 4 ...| 1 9 7 5 ...| 1 9 7 6 ...1 PH Y S IC A L TOTAL TOTAL REAL ESTATE MACHINERY AND L IV EST O C K MOTOR _ V EH IC L E S- F IN A N C IA L STORED CROPS HOUSEHOLD EQUIPM ENT 1 TOTAL AND F U R N IS H IN G S 1 0 0 .0 1 0 0 .0 100 .0 1 0 0 .0 1 0 0 .0 1 00 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 00 .0 9 4 .2 9 3 .9 9 3 .7 9 2 .6 9 1 .4 8 9 .9 8 8 .5 8 9 .4 9 0 .8 9 0 .9 7 5 .5 7 4 .8 7 3 .9 7 2 .6 7 2 .0 7 1 .1 7 0 .1 7 0 .7 7 1 .7 7 0 .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 4 .0 4 .0 4 .0 3 .7 3 .4 3 .3 3 .4 3 .6 3 .7 3 .8 I 1 I 1 1 I 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 00 .0 1 0 0 .0 1 00.0 1 0 0 .0 1 0 0 .0 1 0 0 .0 9 1 .0 9 1 .8 9 2 .0 9 1 .8 9 1 .8 9 1 .7 91 .4 9 1 .7 9 1 .7 9 1 .6 6 9 .2 6 9 .0 6 8 .5 6 8 .2 6 7 .6 6 7 .3 6 7 .1 6 7 .9 6 8 .0 6 7 .4 8 .2 9 .1 9 .8 9 .9 1 0 .3 1 0 .3 10.3 10.1 9 .9 9 .8 6 .4 6 .6 6 .8 6 .9 6 .8 6 .8 6 .7 6 .6 6 .4 6 .6 3 .4 3 .2 3 .0 3 .2 3 .5 3 .5 3 .5 3 .4 3 .7 4 .2 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 100 .0 1 0 0 .0 100 .0 1 00 .0 9 2 .1 9 2 .2 9 2 .2 9 2 .2 9 2 .3 92.1 9 2 .3 9 2 .4 9 2 .3 9 2 .2 6 8 .1 6 8 .3 6 8 .2 6 8 .1 6 8 .0 6 8 .3 6 8 .0 6 8 .1 6 7 .3 6 6 .8 10.1 9 .9 9 .7 9 .6 9 .6 9 .8 1 0.0 1 0 .3 1 0.5 1 0.5 6 .8 6 .7 6 .8 7 .0 7 .1 7 .1 7 .0 7 .1 7 .0 7 .1 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 100 .0 9 2 .4 9 2 .6 9 2 .5 9 2 .8 9 3 .5 9 3 .8 9 3 .9 6 6 .9 6 7 .2 6 6 .5 6 6 .6 6 6 .5 6 7 .1 6 7 .0 1 0 .5 1 0 .6 1 0 .4 1 0 .5 1 1 .0 1 1 .3 1 1.3 7 .1 7 .4 7 .4 7 .6 7 .9 8 .1 7 .8 BANK D E P O S IT S CURRENCY DEMAND T IM E U .S . INVESTM ENTS IN SA V IN G S BONDS C O O PERA TIVES ! 1 1 5 .8 6 .1 6 .3 7 .4 8 .6 10.1 1 1 .5 1 0 .6 9 .2 9 .1 1 .0 1. 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 .6 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 .4 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 3 .8 3 .9 3 .9 3 .7 3 .6 3 .7 3 .9 3 .8 3 .7 3 .6 | 1 I 1 1 | 1 1 I | 9 .0 8 .2 8 .0 8 .2 8 .2 8 .3 8 .6 8 .3 8 .3 8 .4 1 .4 1 .2 1 .2 1 .1 1 .1 1.1 1 .1 0 .9 0 .9 0 .9 2 .5 2 .4 2 .3 2 .3 2 .3 2 .2 2 .2 2 .2 2 .1 2 .1 1 .2 1.1 1 .0 1.1 1 .2 1 .2 1 .2 1.2 1 .3 1 .3 2 .7 2 .4 2 .3 2 .3 2 .3 2 .4 2 .5 2 .4 2 .3 2 .3 1 .2 1 .2 1 .2 1 .3 1 .4 1 .5 1 .5 1 .6 1 .7 1 .7 3 .7 3 .9 4 .1 4 .1 4 .2 3 .6 4 .1 3 .7 4 .2 4 .6 3 .5 3 .4 3 .5 3 .4 3 .4 3 .3 3 .3 3 .2 3 .2 3 .3 1 | I I 1 | 1 1 1 | 7 .9 7 .8 7 .8 7 .8 7 .7 7 .9 7 .7 7 .6 7 .7 7 .8 0 .8 0 .8 0 .8 0 .8 0 .7 0 .7 0 .7 0 .7 0 .7 0 .7 1 .9 1 .8 1 .7 1 .6 1 .6 1 .6 1 .6 1 .5 1 .5 1 .5 1 .3 1 .3 1 .3 1 .4 1 .4 1 .5 1 .6 1 .6 1 .7 1 .8 2 .0 2 .0 1 .9 1.8 1 .7 1 .7 1 .6 1 .5 1 .4 1 .3 1 .8 2 .0 2.1 2 .1 2 .2 2 .* 2 .3 2 .3 2 .4 2 .4 4 .7 4 .1 4 .7 4 .4 4 .3 3 .5 4 .2 3 .3 3 .3 3 .5 3 .8 3 .7 3 .7 3 .6 | 1 1 1 I I I 7 .6 7 .4 7 .5 7 .2 6 .5 6 .2 6 .1 0 .7 0 .6 0 .6 0 .6 0 .5 0 .4 0 .4 1 .5 1 .4 1 .4 1 .3 1 .1 1 .0 1 .0 1 .8 1 .9 1 .9 1 .9 1 .8 1 .7 1 .7 1.2 1 .1 1.1 1.1 1 .0 0 .9 0 .8 2 .4 2 .4 2 .4 2 .3 2 .2 2 .2 2 .2 \ _______ L 55 TABLE 531.1 IM P L IC IT 1 I 1 1 1 1 9 4 0 . . . . .1 1 9 4 1 . . . . •1 1942•••• •1 1 9 4 3 . . . . •| 1944.••• •1 1 9 4 5 . . . . •1 1 9 4 6 .. .. •I 1 9 4 ? . . . . •I 1948 • • • • •1 1 9 4 9 . . . . •1 I1 1 9 5 0 . . . . •I 1 9 5 1 . . . . •1 1 9 5 2 .... . I 1 9 5 3 . . . . .1 1 9 5 4 . . . . •| 1 9 5 5 .... . I 1 9 5 6 . . . . .1 1 9 5 7 . . . . •1 1 9 5 8 . . . . .1 1 9 5 9 . . . . •1 l 1 I 9 6 0 . . . . .1 1961•••• . | 1 9 6 2 . . . . .1 1 9 6 3 . . . . •1 1 9 6 4 . . . . •I 1 9 6 5 .... . I 1 9 6 6 . . . . .1 1 9 6 7 . . . . .1 1968 . . . . •1 1 9 6 9 .... . | ■ 1 1 9 7 0 . . . . .1 1 9 7 1 . . . . .1 1 9 7 2 . . . . •| 1 9 7 3 . . . . •1 1 9 7 4 . . . . .1 1 9 7 5 . . . . .1 1 9 7 6 . . . . .1 YEAR P R IC E D EFLATORS FOR A SSET S OF THE FARMING SEC TO R, IN D E X , 1967=100 MACHINERY AND MOTOR V E H IC L E S JANUARY HOUSEHOLD EQUIPM ENT AND FU R N IS H IN G S 1 TOTAL A SSE T S REAL EST A T E 2 5 .6 2 6 .1 2 9 .5 3 3 .8 3 8 .3 4 1 .8 4 5 .5 5 1 .0 5 6 .3 5 7 .3 2 1 .5 2 1 .9 2 3 .8 2 6 .2 3 0 .3 3 3 .7 3 8 .2 4 2 .5 4 5 .2 4 6 .5 3 3 .6 3 4 .5 3 7 .3 4 8 .4 5 7 .8 6 8 .1 5 3 .5 4 8 .6 5 4 .7 6 0 .5 3 4 .4 3 5 .1 4 3 .9 5 5 .5 5 3 .2 5 2 .3 5 8 .4 7 4 .5 8 6 .9 9 5 .3 4 1 .5 4 1 .3 5 4 .8 6 2 .5 7 8 .8 8 2 .0 8 4 .0 9 4 .2 1 40 .6 101 .1 5 0 .5 4 9 .5 5 6 .9 6 2 .9 6 9 .8 7 4 .8 8 0 .2 9 3 .6 1 00 .5 101 .5 3 6 .0 3 7 .0 4 2 .0 4 7 .0 5 2 .0 5 5 .0 5 7 .0 6 6 .0 7 7 .0 7 5 .0 5 5 .0 6 2 .2 6 7 .6 6 5 .6 6 3 .3 6 4 .0 6 5 .2 6 8 .9 7 1 .7 7 7 .1 4 5 .2 5 1 .5 5 6 .2 5 6 .5 5 5 .1 5 6 .6 5 9 .0 6 3 .0 6 5 .8 7 0 .4 6 1 .8 6 3 .7 6 9 .0 7 0 .0 7 0 .3 7 0.1 7 2 .5 7 7 .5 7 8 .8 8 4 .9 8 4 .1 1 0 7 .0 1 1 6 .0 8 5 .4 6 8 .1 6 4 .0 6 0 .6 6 4 .9 83*.* 1 0 2 .5 9 2 .1 1 0 1 .2 1 17 .2 1 1 4 .1 1 04 .2 1 0 6 .5 9 2 .4 9 6 .1 79 i 4 8 4 .3 9 4 .6 1 0 3 .0 1 0 7 .9 1 0 6 .9 1 0 6 .4 1 0 3 .5 1 0 3 .5 1 03 .5 1 0 3 .5 1 0 3 .0 7 3 .0 8 0 .0 8 4 .0 8 2 .0 8 1 .0 8 1 .0 « 0 .0 8 3 .0 8 5 .0 8 7 .0 7 8 .0 7 8 .4 8 1 .3 8 4 .1 8 6 .6 8 9 .8 9 5 .3 1 0 0 .0 1 0 3 .6 1 0 7 .9 7 3 .4 7 4 .0 7 7 .3 8 0 .3 8 4 .5 8 9 .1 9 5 .1 1 0 0 .0 1 0 5 .4 1 1 0 .2 8 6 .5 8 6 .0 8 8 .6 9 2 .4 9 3 .6 9 5 .5 9 7 .6 1 00 .0 104 .5 1 0 9 .2 8 6 .2 8 9 .2 9 1 .7 9 3 .4 8 3 .7 7 6 .7 9 3 .7 1 0 0 .0 9 8 .7 1 0 4 .7 7 9 .5 7 7 .5 8 2 .3 8 5 .4 8 8 .6 9 6 .9 8 8 .9 1 0 0 .0 8 4 .6 8 3 .8 1 0 3 .5 1 01 .5 1 0 0 .5 1 0 0 .0 9 8 .5 9 9 .5 9 9 .0 1 0 0 .0 1 0 3 .5 1 0 6 .9 8 8 .0 8 8 .0 8 9 .0 9 1 .0 9 2 .0 9 3 .0 9 7 .0 1 0 0 .0 1 0 1 .0 1 0 4 .0 1 1 1 .9 1 1 6 .5 1 2 4 .5 1 4 0 .6 1 7 2 .5 1 9 0 .2 2 1 3 .4 1 1 3 .0 1 1 7 .3 1 2 6 .2 1 4 2 .0 177 .1 2 0 2 .0 2 2 9 .8 1 1 2 .8 1 1 9 .3 1 2 8 .0 1 35 .8 146 .5 1 82 .5 2 1 2 .0 120.1 1 1 7 .3 1 3 3 .0 163 .1 1 9 3 .9 1 1 0 .7 1 3 7 .8 8 5 .7 9 6 .2 9 0 .8 1 1 9 .6 1 8 4 .4 2 4 3 .6 1 7 2 .8 1 1 0 .4 1 1 3 .9 1 1 6 .8 1 2 2 .3 1 3 2 .2 1 5 1 .2 1 6 3 .6 1 1 0 .0 1 1 7 .0 1 2 1 .0 1 3 4 .0 1 5 8 .0 1 7 5 .0 1 9 0 .0 L IV ES T O C K STORED CROPS F IN A N C IA L THE IM P L IC IT P R IC E DEFLATOR FOR EACH A SSET I S A P R IC E IN D EX O BTAIN ED BY D IV ID IN G CURRENT-DOLLAR AMOUNTS (T A B L E 5 2 1 .1 ) BY AMOUNTS IN 1967 P R IC E S (T A B L E 5 2 2 . 1 ) , AND THEN M U L T IP L Y IN G T H ESE Q UO TIEN TS BY FOR F IN A N C IA L A S S E T S , THE P R IC E DEFLATOR USED BY THE USDA I S THE JANUARY INDEX OF P R IC E S BY FARMERS FOR C O M M O D ITIES, S E R V IC E S , IN T E R E S T , T A X E S , AND WAGE RATES (P A R IT Y IN D E X ) . P A ID 1 00 . TABLE 531.2 IM P L IC IT 1 1 1 I 1 1 940.......... 1 1941.......... 1 1942.......... 1 1 94 3 .......... 1 1944.......... » 1 945.......... 1 1 94 6 .......... 1 194 7 .......... 1 1948.......... I 1 94 9 .......... | 1 I 1 950.......... I 195 1 .......... ) 195 2 .......... I 1 95 3 .......... 1 1 954.......... 1 1955.......... I 1 95 6 .........., I 1957......... ,| 1 958.......... I 195 9 ......... ,| l 1 YEAR P R IC E DEFLATORS FOR A SSE T S OF THE FARMING SECTOR PERCENTAGE CHANGE DURING YEAR MACHINERY AND MOTOR V E H IC L E S TOTAL A SSE T S REAL EST A T E 2 .0 1 2 .9 14.8 1 3.1 9 .4 8 .7 1 2 .3 1 0 .2 1 .8 - 4 .0 1 .8 8 .7 1 0 .3 1 5 .3 1 1 .3 1 3 .5 1 1 .0 6 .5 2 .8 - 2 .8 2 .7 8 .0 2 9 .9 1 9.5 1 7.8 - 2 1 .4 - 9 .2 1 2 .5 1 0 .6 2 .1 1 3.1 8 .6 - 3 .0 - 3 .5 1 .2 1 .8 5 .6 4 .2 7 .5 1.2 1 4 .0 9 .0 0 .5 - 2 .4 2 .6 4 .3 6 .7 4 .6 6 .9 4 .3 0 .4 3 .7 3 .4 3 .0 3 .7 6 .1 4 .9 3 .6 4 .2 3 .7 4 .1 6 .8 1 3 .0 2 2 .7 1 0 .3 1 2.2 1 96 0 ......... .1 1961......... , | 196 2 ......... , 1 1963......... , 1 196 4 ......... .1 1965......... , | 1966......... , I 1 967......... , I 196 8 ......... . 1 1 9 6 9 ...... 1 i 1 1970......... . 1 1 9 7 1 ......... . | 1 9 7 2 . . . . . .1 1 9 7 3 . . . . . .1 1 9 7 4 . . . . , .1 1 9 7 5 . . . . , .1 LIV EST O C K STORED CROPS HOUSEHOLD EQUIPMENT AND FU R N ISH IN G S FIN A N C IA L 1 .9 2 5 .2 2 6 .4 - 4 .2 - 1 .6 1 1 .5 2 7 .6 1 6 .6 9 .7 - 1 1 .7 - 0 .4 3 2 .6 1 4 .0 2 6 .1 4 .1 2 .5 12.1 4 9 .7 - 2 8 .1 - 8 .9 - 2 .0 1 5 .0 1 0 .4 1 1 .0 7 .1 7 .3 1 6 .7 7 .4 1 .0 - 6 .8 2 .8 1 3 .5 1 1 .9 1 0 .6 5 .8 3 .6 1 5 .8 1 6 .7 - 2 .6 - 2 .7 3 .1 8 .2 1 .5 0 .4 - 0 .3 3 .3 6 .9 1 .8 7 .8 1 .8 2 7 .2 8 .5 - 2 6 .4 - 2 0 .2 -6. 1 - 5 .3 7 .1 2 8 .2 2 3 .2 - 1 5 .9 9 .9 1 5 .8 - 2 .7 - 8 .7 2 .2 - 1 3 .2 4 .0 - 1 7 .4 6 .2 - 5 .6 8 .9 4 .8 - 0 .9 - 0 .5 - 2 .8 0 .0 - 0 .0 0 .0 - 0 .5 0 .5 9 .6 5 .0 - 2 .4 - 1 .2 - 0 .0 - 1 .2 3 .8 2 .4 2 .4 1 .2 0 .9 4 .4 3 .9 5 .3 5 .4 6 .7 5 .1 5 .4 4 .5 2 .6 —0 .6 3 .1 4 .3 1 .2 2 .1 2 .2 2 .4 4 .5 4 .4 3 .3 3 .4 2 .9 1 .8 - 1 0 .4 - 8 .4 2 2 .2 6 .7 - 1 .3 6 .1 1 4 .7 - 2 .5 6 .2 3 .8 3 .7 9 .4 - 8 .3 1 2 .4 - 1 5 .4 - 0 .9 2 .3 - 1 .9 - 1 .0 - 0 .5 - 1 .5 1 .0 - 0 .5 1.-0 3 .5 3 .4 3 .2 - 0 .0 1 .1 2 .2 1 .1 1 .1 4 .3 3 .1 1 .0 3 .0 5 .8 3 .8 7 .5 1 2 .5 2 4 .8 1 4 .0 1 3 .8 5 .8 7 .2 6 .1 7 .9 2 4 .5 16.2 - 2 .3 1 3 .4 2 2 .6 1 8 .9 - 4 2 .9 2 4 .5 1 2 .2 - 5 .6 3 1 .7 54*2 3 2 .1 - 2 9 .1 3 .1 2 .6 4 .7 8 .1 1 4 .4 8 .2 6 .4 3 .4 1 0 .7 1 7 .9 1 0 .8 8 .6 FOR F IN A N C IA L A S S E T S , THE P R IC E DEFLATOR USED BY THE USDA I S THE JANUARY INDEX OF P R IC E S BY FARMERS FOR CO M M O D ITIES, S E R V IC E S , IN T E R E S T , T A X E S , AND WAGE RATES (P A R IT Y IN D E X ) . PA ID 57 58 TABLE 541.1 CHANGES IN A S S E T S , L I A B I L I T I E S , AND NET WORTH CURRENT DOLLARS AMOUNTS IN M IL L IO N S OF DOLLARS P H Y S IC A L 1 | 1 I __________ L 1 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 ...| j YEAR 1 9 5 0 ...| 1 9 5 1 ...! 1 9 5 2 ...| 1 9 5 3 ...| 1 9 5 4 .. . | 1 9 5 5 ...I 1 9 5 6 ...| 1 9 5 7 ...f 1 9 5 8 ...| 1 9 5 9 ...| i 1 1 9 6 0 ...| 1 9 6 1 ...| 1 9 6 2 .. .1 1 9 6 3 ...| 1 9 6 4 ...I 1 9 6 5 ...| 1 9 6 6 .• • I 1 9 6 7 .. .1 1 9 6 8 ...| 1 9 6 9 ...| 1 I 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 ...f NET WORTH | j TOTAL REA L ESTATE A SSE T S MACHINERY AND MOTOR L IV ES T O C K V E H IC L E S 1 39 6. 8121. 114 67 . 11717. 101 05 . 9782. 12408. 10603. 4886. -3560. | 1 | | | 1 j | ! | 1 44 0. 7180. 8968. 8 414. 6926. 6 92 7. 118 88 . 113 59 . 6 97 9. -2272. 764 . 3147. 4057. 6 59 6. 5684. 7162. 7417. 5 201. 2959. -1 3 6 7 . 1 94 . 734. 960. 491. 1035. -1086. -50. 2 02 8. 2702. 2098. 192. 1748. 2 570 . 41. -673. 706. 2 19 9. 1341. 1169. -1532. 1 85 33 . 139 09 . -3985. -4028. 3038. 3384. 7798. 6 78 3. 13134. 695. | | | | | | | | I | 1 89 37 . 149 36 . -2706. -3416. 3 347. 4078. 8341. 7448. 155 54 . 284 2. 11330. 8 49 2. 1 45 7. -1 49 7. 3134. 4762. 7487. 5513. 8 45 9. 6168. 1965. 2 54 3. 721. 1042. 158. 744. 901. -95. 1690. 910. 4 20 6. 2 427. -4 7 4 6 . -3Q 36, -535. -582. 369. 2 86 0. 3 79 8. -2407. -598. 6341. 5 71 1. 4880. 5700. 1 27 32 . 9572. 1 01 29 . 1 1178. 8388. 1 | 1 | | 1 1 | | 1 1 00 8. 8 37 6. 8102. 7722. 7 54 7. 160 35 . 1 24 58 . 1 27 27 . 133 48 . 10203. 1 60 8. 6230. 5 90 4. 8313. 8 84 8. 11298. 9 48 0. 10230. 8920. 546 4. -540. 311. 938. 481. 891. 1 179. 1 438. 2365. 1 46 3. 1028. 359. 821. 8 79. -1 4 3 9 . -1374. 3091. 1388. -142. 1417. 3232. 9 95 3. 20981. 38210. 79797. 36610. 5 5 9 97 . I 1 | 1 | 1 1 06 02 . 24376. 42668. 86681. 42958. 62995. 8095. 16511. 29094. 6 47 83 . 4 57 25 . 51241. 2 073. 2 24 0. 2670. 5047. 12140. 9413. 227. 3 56 7. 6807. 8297. -1 7 8 0 8 . 4939. MONETARY A SSE T S ANO L I A B I L I T I E S HOUSEHOLD I | EQUIPM ENT 1 NET | AND 1MONETARY| F U R N IS H IN G S ! A S S E T S ! TOTAL 1 1_________ 1 -7. 297. ! -44. 391. 886. 665. I 941. 939. 1 2499. 149. 1232. 1931. 100 0. 2274. 286. ! 3303. 602. 278. 1 3 17 9. 2652. -409. 1 2855. 2416. 5 54. 806. ! 520. 1 028. 1516. 69. 1 941. ! -756. 8 48 . -4 5 9 . 3 9. 608. ! -2093. -204. -971. -500. ! -1288. 1 1 | —404'; 316. 192. 1 120. 866. 566. 608. » -1027. ! -1279. 258. 178. -396. 140 ., -65. 2 22. ! -612. '4 7 5 . ! -309. 417. 115. 1 -694. 438. -1306. 460. 10. ! -543. -4. -412. ! -665. 401. -718. -112. 818. 1 719. » -2420. -112. -229. -1600. ! -2147. -1021. i1 ! -1606. -202. -680. 261. ! -2035. 252. 238 . 776. 530. ! -2391. 517. -136. 158 . 524. -157. 1 -2842. 569. -609. ! -1847. -209. 551. I -3303. 500. -33. 485. -146. ! -2886. 298. 770. -385. 659. ! -2598. 889. 1 -2170. 556. 992. 169. ! -1815. 757. 310. i1 808. ! -649. -224. 4 31 . 919. ! -3395. 1235. 1 13 9. | -4458. 1773. 2 64 4. 1 453. | -6884. 1 909. 7607. 947. I -6348. 1347. 1 714. 1187. 180 9. ! -6998. -3516. 918. STORED CROPS F IN A N C IA L A SSET S ! DEBT _ ____ _______ ________ 1 IN C LU D IN G CURRENCY U .S . IN V EST M EN T S! CCC AND BANK SA V IN G S IN ! LOANS D E P O S IT S BONDS C O O P E R A T IV E S! 242. 712. 1 24 9. 1 13 4. 1330. 1 484. 809. -268. -349. -505. 104. 158. 601. 1 05 0. 1217. 773. 60. 163 . 2 22 . 123. 45. 69. 81. 90. 105. 159. 1 59. 174 . 166. 178. 435. -2. -568. -1029. -527. -439. 5 08 . 825. 2 13 2. 1084. 6. 339. 14. -10. 0. 51. -1,19. 129. 480. -799. -34. 21. -75. 100. 237. 199. -105. 5 3. 65. -518. 220 . 206. 239. 1 32. 180. 188. 2 34. 219. 2 73 . 296. 596. 1593. 1457. 834. 7 26 . 1132. 553. 1066. 322 8. 1126. -446. 92. 352. 59. 354. 417. 323. 581. 583. 408. -38. -162. -39. -195. -23. -152. -132. -135. -34. -13. 282. 3 22 . 2 17 . 294. 238. 2 86 . 2 94. 324. 3 40 . 362. 1404. 2 287. 2 92 1. 3000. 2 41 6. 3854. 3371. 3368. 3059. 2 57 2. 5 43 . 717. 873. 853. 183. 5 60 . -152. 88. 315. 175. 1 65 . 93. 4 17 . 430. 585. 8 81 . 999. 1156. 1 457. 4630. 6231. 8 79 3. 7695. 8 80 7. T H IS TABLE PR E SE N T S DATA FROM T A B L E S 5 1 1 .2 AND 5 2 1 .2 IN THE FORMAT USED IN THE NEXT THREE T A B L E S OF T H IS S E C T IO N . THF CHANGES SHOWN MAY B E DISAGGREGATED INTO IM P L IC IT NET IN VESTM EN T AND IN T ER -SEC T O R TRAN SFERS (T A B L E 5 4 2 .1 ) AND NOMINAL C A P IT A L G A IN S (T A B L E 5 4 3 . 1 ) . TABLE 542.1 I M P L IC IT YEAR 1 1 1 1 1 1 1 9 4 0 ...| 1941. . . | 1 9 4 2 ...1 1 9 4 3 ...1 1 9 4 4 ...| 1 9 4 5 ...| 1 9 4 6 ...I 1 9 4 7 ...1 1 9 4 8 ...| 1 9 4 9 ...I i ! 1 9 5 0 ...| 1951. . . | 1 9 5 2 ... 1 1 9 5 3 ... 1 1 9 5 4 ...I 1 9 5 5 .. . 1 1 9 5 6 ...1 1 9 5 7 ... | 1 9 5 8 .. . 1 1 9 5 9 ... | i 1 1 9 6 0 ...| 1 9 6 1 ... 1 1 9 6 2 .. . | 1 9 6 3 ... I 1 9 6 4 ...1 1 9 6 5 ... | 1 9 6 6 ... | 1 9 6 7 ...| 1 9 6 8 .. . 1 1 9 6 9 ...| 1 1 9 7 0 ...I 1 9 7 1 ...1 1 9 7 2 ... 1 1 9 7 3 ...| 1 9 7 4 ...| 1 9 7 5 ...| TOTAL 1 1 1 1 1 1 PH Y S IC A L A SSET S ____ TOTAL REAL ESTATE MACHINERY AND MOTOR LIV EST O C K V E H IC L E S NET IN VESTM EN T AND IN TER -SEC TO R TRANSFERS CURRENT DOLLARS AMOUNTS IN M IL L IO N S OF DOLLARS MONETARY A SSE T S AND L I A B I L I T I E S 1 1 _________ HOUSEHOLD i F IN A N C IA L A SSE T S 1 DEBT i STORED EQUIPM ENT 1 NET | ____________ 1 IN CLUD IN G IMONETARYl CROPS AND CURRENCY U .S . IN V EST M EN T S! ccc LOANS AND BANK SA V IN G S IN I FU R N IS H IN G S 1 A SSE T S 1 TOTAL J________QEBQ-SII£__ &QND..S__CgOPEBAIlVESl 695. 1882. 3405. 2968. 3196. 2348. 1 70 6. -389. 3496. 1481. 1 | I | | | ! | | | 739. 941. 906. -3 3 5 . 17. -5 0 7 . 1186. 367. 5589. 2769. 1 52 . 160. 175. 198. 224. -108. 646 • 702. 872 . 825 . 110. 455. -206. -435. 62. 341. 465 • 1284. 1 826. 1 86 4. 93. 364. 628 . 452. -522. -314. -430. -595. -1 0 7 . 171. 308. -71. 651 . -294. 348. -569. 46. -1295. 2 477. -218. 7 7. 32. -3 4 3 . -255. -95. 143. 458. 2 71 . 5 22 . 126. 2 43 7. 1 72 6. 821. 2026. 1 419. 379. -1519. -179. -219. -1731. | | | | | | I | | | 284 1. 2 753. 2100. 263 8. 1728. 1073. -976. 486. 2201. 416. 726. 700 . 957. 7 81 . 670. 520. 549. 451. 409. 853. 1568. 1 32 8. 465. 963. 207. 1 22 . -413. -448. 120. 504. 622 . 942. 482. -51. 182. 9. -3 6 9 . -216. 524. 440 . -415. -354. 497. 965. 273. -37. -331 . 812. 1214. -1105. 340. 136. -302. -19. 397. 459. -412. -1 1 3 . -65. -2 7 6 . -1736. -980. -1226. -1521. -2691. -1052. -2385. 533. -202. -1404. | | | | 1 1 | | | | -130. 1 055. 1 16 5. 1321. -844. 2 25 1. 501. 3 13 1. 1968. 411. 4 83 . 451. 520. 597 . 582 . 411. 589. 297 . 2 40 . 250. -409. -366. -23. 1 90 . 383. 632. 796. 1101. 138 . -6. -162. 370. 576. 383. -50. -118. 206 . 110. 256. 245 . 459. 2 73. 1 83. 174. -1463. 1317. -860. 1263. 1088. 64. -501. 3 27 . -91. -24. -296. 10. -231. 3 59 . 246 . -142. -774. -536. -3394. -3390. -9963. -4086. | 1 | | | | -125. 2 85 9. 1064. 3 49 4. -3615. 2 912. 257. 300. 1 31. 177. 150. 52. 187. -241. 415. 1877. 1138. 245. 7 80 . 3 70 . 580. 1713. 519. -9 7 0 . -1 4 6 9 . 178 7. -974. -199. -5 1 9 4 . 3911. 120 . 643. 9 11 . -75. -228. -3 2 4 . _______L 1 ! 1 1 I 1 1 1 I I !1 1 I 1 1 1 1 I 1 1 1 il I 1 1 1 1 1 I 1 1 1 j | 1 | I I I -44. 941. 2499. 3 30 3. 3179. 2855. 520. -756. -2093. -1288. 391. 939. 1931. 2 27 4. 2 65 2. 2 41 6. 1028. 69. 39. -204. 242. 712. 1 24 9. 1 13 4. 1 33 0. 148 4. 809. -268. -349. -505. 104. 1 58 . 601. 1050. 1217. 773 . 60. 163. 222. 123. 45. 69. 81. 90. 105. 159. 159. 174. 166. 178. 435. -2. -568. -1029. -527. -439. 508. 825. 2 13 2. 1084. -404. -1027. -1279. -612. -309. -694. -543. -665. -2420. -2147. 192 . 566. 178. 222. 417. 438. 1 0. 401. 818. -1021. 6. 339. 14. -10. 0. 51. -119. 129. 480. -799. -34. 21. -75. 100. 237. 199. -105. 53. 65. -518. 220 . 206. 2 39 . 132. 1 80 . 188. 2 34 . 219. 2 73. 296. 596. 1593. 1457. 834. 726. 1132. 553. 1 06 6. 3 238. 1 126. -1606. -2035. -2391. -2842. -1847. -3303. -2886. -2598. -2170. -1815. -202. 252. 530. 158. 569. 551. 485. 7 70 . 889. 757. -446. 92. 352. 59. 3 54. 417. 3 23 . 581. 583. 408. -38. -162. -39. -195. -23. -152. -132. -135. -34. -13. 282. 3 22 . 2 17 . 2 94 . 2 38 . 2 86 . 2 94 . 324. 340. 3 62. 1404. 2 28 7. 2 92 1. 3 00 0. 2 41 6. 3854. 3 371. 3368. 3059. 2572. -649. -3395. “ 4458. -6884. -6348. -6998. 808. 1235. 1773. 1909. 1 347. 1809. 5 43. 717. 873. 853. 183. 560. -1 5 2 . 88. 3 15 . 175. 165. 93. 417. 4 30 . 5 85 . 881. 999. 1156. 1 45 7. 4630. 6231. 8793. 7695. 8 80 7. J. FOR P H Y S IC A L A S S E T S , " I M P L I C I T NET IN VESTM ENT AND IN T ER -SEC T O R T RA N SFERS (IN T O THE FARMING S E C T O R )" I S EST IM A T ED AS THE ANNUAL CHANGE IN REA L Q U A N T IT IE S E X P R E S S E D IN 1967 P R IC E S (T A B L E 5 2 2 .2 ) M U L T IP L IE D BY THE AVERAGE OF THE IM P L IC IT P R IC E DEFLATORS FOR THE B EG IN N IN G AND END OF THE YEAR (T A B L E 5 3 1 .1 , JANUARY 1 , 1967 = l . O O ) . FOR MONETARY A SSET S AND L I A B I L I T I E S , "N ET INVESTM ENT AND IN T ER - SEC T O R T RA N SFER S (IN T O THE FARMING S E C T O R )" IS THF ANNUAL CHANGE IN CURRENT DOLLARS (T A B L E 5 4 1 . 1 ) . 60 TABLE 543.1 IM P L IC IT NOMINAL C A P IT A L G A IN S CURRENT DOLLARS AMOUNTS IN M IL L IO N S OF DOLLARS 1 1 1 YEAR | 1 1 1 1 1 9 4 0 ...| 1 9 4 1 .. . | 1 9 4 2 ...| 1 9 4 3 ...1 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 ...| j 1 9 5 0 ...| 1 9 5 1 ...| 1 9 5 2 .. . | 1 9 5 3 ... 1 1 9 5 4 ... | 1 9 5 5 ... 1 1 9 5 6 ... 1 1 9 5 7 ... 1 1 9 5 8 .. . 1 1 9 5 9 ... | l 1 1 9 6 0 ... | 1 9 6 1 ... 1 1 9 6 2 ... 1 1 9 6 3 ... 1 1 9 6 4 ...1 1 9 6 5 ...| 1 9 6 6 ... | 1 9 6 7 ...| 1 968. . . 1 1 9 6 9 ... | 1 1 1 9 7 0 ...f 1 9 7 1 ... | 1 9 7 2 ... 1 1 9 7 3 ...1 1 9 7 4 ...1 1 9 7 5 .. . ) 1 P H Y S IC A L A SSE T S TOTAL | TOTAL REA L EST A T E MACHINERY AND L IV ES T O C K MOTOR V E H IC L E S MONETARY A SSE T S STORED CROPS HOUSEHOLD I i NET | EQ UIPM ENT | AND | MONETARY| F U R N IS H IN G S 1 A SSE T S | TOTAL 1 AND L I A B I L I T I E S F IN A N C IA L A SSE T S | DEBT - -_ 1 IN CLUD IN G CURRENCY U .S . IN V EST M EN T S! CCC AND BANK SA V IN G S IN | LOANS D E P O S IT S BONDS C O O P E R A T IV E S! 701. 6239. 8062. 8749. 6909. 7434. 1 07 02 . 1 09 92 . 1 39 0. —5 0 4 1 . | | | | | | | | | | 701. 6239. 8062. 8749. 6 90 9. 7434. 10702. 10992. 1390. -5041. 612. 2 98 7. 3 88 2. 6398. 5460. 7270. 6771. 4499. 2087. -2192. 84. 279. 116 6. 926. 973. -1427. -515. 744. 876. 234. 99. 1384. 1942. -411. -151. 1020. 2 62 9. 1936. 1276. -1703. -11. 957. 581. 1294. 254. 1 60 . 760. 3236. -2936. -753. -84. 633. 492. 541. 373 . 411. 1 05 8. 5 77. 86. -626. | 1 1 I | | | | | | 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 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 60 96 . 121 83 . -4806. -6054. 1 61 9. 3005. 9317. 6962. 13353. 2426. | 1 | | | | | 1 | | 160 96 . 12183. -4806. -6054. 1 61 9. 3005. 9317. 6962. 13353. 2 42 6. 10604. 7792. 500. -2278. 2464. 4242. 6938. 5062. 8050. 5315. 397. 1215. 256. 79. -49. 622. 1314. 353. 1570. 406. 358 4. 1485. -5228. —2 98 5. -717. -591. 7 38 . 3 07 6. 3274. -2 8 4 7 . 731. 1220. -239. -825. '2 0 2 . -1269. 327. -1530. 505. -495. 780. 472. -94. -46. -282. 1. -o. 1* -47. 47. 1 1 | 1 | 1 | I 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. ol 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 1138. 7321. 6937. 6401. 8391. 13784. 1 19 57 . 9596. 11380. 9792. | 1 | | 1 | | | | \ 1138. 7321. 6 93 7. 6401. 8391. 137 84 . 11957. 9596. 11380. 9792. 1 12 5. 5 77 9. 5384. 7716. 8266. 10887. 8891. 9933. 8680. 5 21 4. -131. 677. 961. 291. 508. 547. 642. 1264. 1325. 1 03 4. 521. 451. 303 . -1 8 2 2 . -1324. 3 20 9. 1182. -252. 1161. 2 98 7. -198. 503. 334. 350. 854. -817. 1 15 8. -1648. -96. 246. -179. -89. -45. -133. 8 7. -43. 85. 300. 3 10 . 311. | j | 1 I | | 1 | f 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 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 0 7 27 . 2 1 5 17 . 41604. 83187. 46573. 60083. 1 | | | | 1 10727. 2 15 17 . 41604. 83187. 46573. 60083. 7838. 16211. 289 63 . 646 06 . 4 5 5 75 . 51189. 1886. 2481. 2255. 3170. 11002. 9168. -553. 3 19 7. 6227. 6584. -1 8 3 2 7 . 5 90 9. 1 24 5. -648. 3618. 7806. 6381. -7427. 311. 2 76. 542. 1022. 1 94 2. 1 24 2. 1 1 | 1 1 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. c. 0. 0. 0. 0. 0. 0. NOMINAL C A PIT A L GAIN I S THE ANNUAL CHANGE IN CURRENT DOLLARS T RA N SFERS IN TO THE FARMING SECTOR (T A B L E 5 4 2 . 1 ) . (T A B L E 5 4 1 .1 ) LESS I M P L IC IT NET IN VESTM ENT AND IN T ER - SEC T O R TABLE 544.1 IM P L IC IT REAL C A P IT A L G AIN S CURRENT DOLLARS AMOUNTS IN M IL L IO N S OF DOLLARS PH Y S IC A L A SSE T S | MONETARY A SSE T S AND L I A B I L I T I E S ______________________________________ I______________________________________________________ YEAR f TOTAL 1 1 J_ 1 1940. . . | 345. 1 9 4 1 .. . | -673. 1 9 4 2 ... 1 1731. 1 9 4 3 ... | 3081. 1944. . . | 3829. 1 9 4 5 ...| 40 79. 1 9 4 6 ...1 - 1 1 3 9 3 . 1 9 4 7 ...| -325. 3733. 1 9 4 8 .. . 1 1 9 4 9 ... | -62. 1 1 1 9 5 0 .. . | 5012. 1 9 5 1 .. . | 6 32 6. -3681. 1 9 5 2 ...1 -6054. 1 9 5 3 ...1 1 9 5 4 .. . | 1 082. 1 9 5 5 .. . | 3005. 4850. 1 9 5 6 ... I 1 9 5 7 ...| 2 97 0. 121 93 . 1 9 5 8 .. . | 1 9 5 9 .. . | 1 18 2. i 1 1 9 6 0 .. . | -102. 6094. 1 9 6 1 ... 1 4413. 1 9 6 2 .. . 1 5 75 9. 1 9 6 3 .. . | 3869. 1 9 6 4 ...1 9800. 1 9 6 5 ...| 6418. 1 9 6 6 ...1 3 95 5. 1 9 6 7 ...| 1315. 1 9 6 8 ... 1 1 9 6 9 ... 1 -3207. 1 1507. 1 9 7 0 .. . | 1 9 7 1 . . . 1 10849. 1 9 7 2 . . . 1 2 83 19 . 47193. 1 9 7 3 ...! 1 9 7 4 . . . | -14468. 1 9 7 5 ...1 31172. 1 MACHINERY AND MOTOR L IV ES T O C K V E H IC L E S STORED CROPS HOUSEHOLD EQUIPM ENT AND FU R N IS H IN G S | I 1 NET | 1MONET ARY| 1 A SSET S 1 TOTAL 1 1 TOTAL REAL EST A T E | | | | | | I | I | 298. -1570. 1150. 2 87 5. 3868. 4 24 2. -9772. 465. 3599. -251. 334. -2 3 7 0 . -645. 2 71 2. 3 49 8. 5163. -7342. -2676. 3 543. 897. 59. -228 . 685. 488. 752. -1680. -1761 . 184. 1 02 1. 640. 56. 555. 1089. -1265. -545. 6 68 . 382 . 688. 1538. -1122. -33. 495. 117. 844. 6. -102. -691. 2494. -2757. -407. -118. -22. -96. 96. 157. 193. -361. -225. 254. -259. 1 47. I 897. 1 581. I 206. I -40. | -163. 1 -1 6 2 2 . 1 -790. I 134. I 189. | | | | 1 I | | | | 5326. 6 45 3. -3 6 9 6 . -6 0 5 4 . 1082. 3 00 5. 4823. 2933. 12178. 1150. 3648. 4129. 1201. -2 2 7 8 . 2 11 1. 4242. 3888. 2 28 2. 7237. 4449. -728. 617. 379. 79. -118. 622. 741. -156. 1429. 254. 2392. 761. -5084. -2985. -760. -591. 423. 2799. 3 17 7. -2970. 29. 885. -174. -825. 168. -1 2 6 9 . 80. -1740. 452. -560. -16. 60. -18. -46. -318. I. -310. -252. -117. -22. 1 I 1 1 | 1 1 1 1 1 1 | | | | I | | | 1 -148. 6 03 7. 4 27 2. 5717. 3508. 9 455. 5881. 3 36 0. 186. -4714. 222. 4 87 1. 3495. 7 23 0. 4736. 7690. 4418. 5 33 4. 389. -5479. -289. 524. 653. 212. -46 • 5 6. -32. 571. 41. -627. 416 . 344. 7 9. -1 8 8 1 . -1 6 9 1 . 2 92 2. 726. -7 3 1 . 3 50. 1912. -2 5 2. 448. 214. 3 19 . 627. -999. 906. -1901. -510. -317. -245. -150. -170. -164. -118. -214. -138. 86. -83. -203. I 407. | 9599. | 2 67 18 . 4 2 8 72 . | | -21386. 27750. I 306 . 7497. 18141. 3 5 5 12 . -3806. 26739. 710. 1088. 543. -1217. 4273. 5 44 8. -1408. 2235. 4952. 2 77 8. -2 4 7 6 0 . 4290. 847. -1 0 8 2 . 3065. 6189. 3028. -8960. -48. -140. 18. -391. -122. 233 . F IN A N C IA L A SSE T S I DEBT 1 IN CLUD IN G IN V EST M EN T S! CCC IN ! LOANS C O O P ER A T IV ES! CURRENCY AND BANK D E P O S IT S U .S . SA V IN G S BONDS -36. -733. -681 . -671. -401. -489. -3449. -1 6 7 1 . 3 17 . 647. -27. -542. -506. -48 2 . -268. -309. -2171. -1069. 196. 386. -2. -55. -62. -99. -88. -132. -9 60. -441. 86. 185. -7. -136. -114. -91. -45. -46. -319. -161. 3 4. 76. 83. 1631. 1262. 877. 361. 326. 1827. 882. -183. -4 58. -314. -127. 15. o. -0. o. 2 7. 37. 1 5. 32. -1465. -679. 123. 0. -63. 0. -529. -450. -128. -133. -839. -384. 70. 0. -35. 0. -281. -236. -67. -69. -436. -198. 35. 0. -18. 0. -1 5 3 . -127. -36. -36. -190. -96. 18. 0. -11 . 0. -95. -87. -26. -27. 1151. 5 52. -108. 0. 6 3. 0. 5 57 . 487. 143. 165 . 1 1 1 1 1 ! I | 1 I 46. 57. 141. 43. 360. 3 45. 5 37 . 5 96 . 1129. 1507. -125. -123. -247. -63. -435. -384. -516. -515. -913. -1172. -63. -60. -120. -31. -213. -190. -259. -260. -470. -610. -32. -32. -61. -15. -98. -83. -105. -99. -1 6 3 . -199. -29. -31. -66. -17. -124. -111. -152. -156. -280. -363. 171. 1 80 . 3 89 . 106. 795 . 729. 1053. 1111. 2042. 2 67 9. I 1 1 I I I 1 10 0. 1 25 0. 1 601. 4321. 6919. 3422. -831. -958. -1163. -2976. -4335. -1970. -433. -504. -615. -1566. -2258. -992. -136. -145. -172. -446. -632. -285. -262. -309. -376. -964. -1444. -693. 1931 . 2209. 276 4. 7 29 7. 11253. 5392. REA L C A PIT A L GAIN I S NOMINAL C A P IT A L GAIN (T A B L E 5 4 3 .1 ) PL U S THE GA IN OR LOSS ( IN YEAR-END D O LLA RS) R ES U LT IN G FROM A CHANGE IN THE PURCHASING POWER OF THE TOTAL FUNDS IN V E S T E D OR OWED. THE LATTER GA IN OR LOSS I S THE JANUARY 1 CURRENT-DOLLAR AMOUNT (T A B L E 5 1 1 .1 AND 5 2 1 *1 ) M U L T IP L IE D BY THE ANNUAL ( JA N U A R Y-TO -JA N U A R Y) PERCENTAGE CHANGE IN THE USDA IN D EX OF P R IC E S PA ID BY FARMERS FOR FA M ILY L IV IN G IT EM S (AND FOR A S S E T S , ALSO M U L T IP L IE D BY - 1 ) . 61 62 TABLE 545.1 IM P L IC IT IN YEAR | CURRENT DOLLARS C A P IT A L G A IN S NOMINAL __ C A P IT A L G A IN S COMPARED W ITH FARM CASH FLOW AND NET INCOME AMOUNTS IN M IL L IO N S OF DOLLARS R EA L IN FARM ! CASH 1 1 -ELQ M - NET FARM INCOME NOMINAL C A P IT A L 1967 D OLLARS* G A IN S 1 ______ 1 R E A L — J1 FARM CASH FLOW _ NET FARM INCOME C A P IT A L G A IN S AS A 1 C A P IT A L G A IN S AS A PERCENTAGE OF FARM 1 PERCENTAGE OF NET | CASH FLOW 1 FARM INCOME | REAL J NOMINAL 1 NOMINAL REAL 1 9 4 0 ...| 1 9 4 1 .. .1 1 9 4 2 ...! 1 9 4 3 ...| 1 9 4 4 .. . | 1 9 4 5 ...| 1 9 4 6 ...I 1 9 4 7 ...| 1 9 4 8 ...! 1 9 4 9 ...| 701. 6239. 8062. 8749. 6 90 9. 7 43 4. 1 0702. 10992. 1 39 0. -5041. 3 45 . -673. 1 73 1. 3 081. 3829. 4 07 9. -11393. -325. 3733. -62. 5727. 8 00 7. 12078. 14149. 14173. 14686. 17658. 18362. 21036. 16252. 4930. 7137. 10743. 12780. 127 48 . 1 33 76 . 164 69 . 168 09 . 190 34 . 138 87 . 1865. 1 5 4 55 . 17423. 169 71 . 12712. 13153. 17060. 14935. 1783. -6679. 919. -1 6 6 7 . 3 742. 5 97 6. 7045. 7217. -1 8 1 6 2 . -441. 4 78 9. -82. 15240. 19833. 2 6 1 01 . 274 46 . 26078. 25983. 28148. 2 49 48 . 26986. 21536. 131 20 . 17678. 2 3 2 16 . 24790. 23456. 2 36 65 . 2 62 53 . 22838. 2 44 18 . 18402. I I | | | | 1 | | 1 1 2 .2 7 7 .9 6 6 .7 6 1 .8 4 8 .7 5 0 .6 6 0 .6 5 9 .9 6 .6 - 3 1 .0 6 .0 - 5 .4 1 4 .3 2 1 .8 2 7 .0 2 7 .8 —64 •5 - 1 .8 1 7 .7 - 0 .4 I 1 1 1 1 1 1 1 1 1 1 4 .2 8 7 .4 7 5 .0 6 8 .5 5 4 .2 5 5 .6 6 5 .0 6 5 .4 7 .3 - 3 6 .3 7 .0 - 9 .4 16. 1 24. 1 3 0 .0 3 0 .5 -69. 2 - 1 .9 1 9 .6 - 0 .4 1 9 5 0 ...| 1 9 5 1 ...| 1 9 5 2 ...I 1 9 5 3 ...I 1 9 5 4 ...| 1 9 5 5 ...f 1 9 5 6 ...| 1 9 5 7 ...| 1 9 5 8 ...| 1 9 5 9 ...I 160 96 . 12183. -4806. -6054. 1619. 3005. 9317. 6962. 1 3353. 2426. 5012. 6326. -3 6 8 1 . -6054. 1082. 3005. 4850. 2970. 12193. 1 182. 17546. 204 49 . 19708. 17648. 17113. 16062. 16086. 16027. 18340. 16041. 148 81 . 17302. 1 6382. 141 94 . 1 35 32 . 123 62 . 12363. 1 21 14 . 14329. 117 90 . 210 69 . 14638. -5710. -7247. 1 93 0. 3 58 4. 1P949. 7950. 14982. 2 71 2. 6 56 0. 760 1. -4374. -7247. 1290. 3 58 4. 5 70 0. 3 39 1. 13680. 13^2. 2 29 67 . 2 45 69 . 23417. 211 25 . 2 04 09 . 19155. 18904. 1 8300. 2 0 5 77 . 17935. 19478. 20788. 1 94 65 . 16991. 1 61 38 . 14743. 1 4 5 29 . 13832. 16076. 13182. | | 1 | 1 1 | I | 1 9 1 .7 5 9 .6 - 2 4 .4 - 3 4 .3 9 .5 1 8 .7 5 7 .9 4 3 .4 7 2 .8 15.1 2 8 .6 3 0 .9 - 1 8 .7 - 3 4 .3 6 .3 1 8 .7 3 0 .2 1 8 .5 6 6 .5 7 .4 , 1 1 1 1 1 1 I 1 1 I 1 0 8 .2 7 0 .4 - 2 °.3 - 4 2 .7 1 2 .0 2 4 .3 7 5 .4 5 7 .5 9 3 .2 2 0 .6 3 3 .7 3 6 .6 - 2 2 .5 - 4 2 .7 8 .0 2 4 .3 3 9 .2 2 4 .5 8 5 .1 1 0 .0 1 9 6 0 ...| 1 9 6 1 .. .1 1 9 6 2 ...I 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 1 138. 7321. 6937. 6401. 8391. 13784. 119 57 . 9596. 11380. 9792. -102. 6094. 4 41 3. 5759. 3869. 9800. 6418. 3955. 1315. -3 2 0 7 . 16979. 17691. 18061. 18089. 17050. 19896. 213 67 . 2 00 02 . 20521. 2 2928. 12642. 13303. 135 31 . 13393. 121 47 . 1 4 7 85 . 15983. 14221. 1 43 21 . 163 54 . 1264. 8101. 7572. 6917. 9 00 7. 14462. 12185. 9596. 109 03 . 9 00 4. -113. 6 74 3. 4817. 6 223. 4 15 2. 10282. 6540. 3 95 5. 1260. -2 9 4 9 . 1 8853. 19576. 19714. 19546. 183 00 . 2 08 74 . 2 1 7 75 . 2 00 02 . 19661. 2 1083. 140 37 . 14720. 14769. 144 72 . 1 30 38 . 15512. 1 62 88 . 142 21 . 13721. 15038. | 1 | 1 | 1 I 1 1 I 6 .7 4 1 .4 3 8 .4 3 5 .4 4 9 .2 6 9 .3 5 6 .0 4 8 .0 5 5 .5 4 2 .7 - 0 .6 3 4 .4 2 * .4 3 1 .8 2 2 .7 4 9 .3 3 0 .0 1 9 .8 6 .4 - 1 4 .0 1 1 1 1 1 1 1 I 1 1 9 .0 5 5 .0 5 1 .3 4 7 .8 6 9 .1 9 3 .2 7 4 .8 6 7 .* 7 9 .5 5 9 .9 - 0 .8 4 5 .8 3 2 .6 4 3 .0 3 1 .8 6 6 .3 4 0 .2 2 7 .8 9 .2 - 1 9 .6 1 9 7 0 ...| 1 9 7 1 ...| 1 9 7 2 .. .1 1 9 7 3 ...| 1 9 7 4 .. .1 1 9 7 5 ...| 107 27 . 2 15 17 . 41604. 83187. 46573. 60083. 1 507. 10849. 28319. 47193. -1 4 4 6 8 . 311 72 . 230 43 . 2 42 29 . 3 00 43 . 47973. 42216. 42832. 16283. 16879. 22156. 39028. 31592. 3 03 55 . 9457. 18168. 33790. 6 24 88 . 3 0 7 92 . 360 72 . 1328. 9 16 0. 23000. 3 54 50 . -9565. 18715. 20313. 204 57 . 24400. 36036. 2 7 9 11 . 25715. 14354. 14251. 179 95 . 29317. 20887. 182 24 . | | | 1 | 1 4 6 .6 8 8 .8 1 3 8 .5 1 7 3 .4 1 1 0 .3 1 4 0 .3 6 .5 4 4 .8 9 4 .3 9 8 .4 - 3 4 .3 7 2 .8 I 1 1 1 I 1 6 5 .9 1 2 7 .5 1 8 7 .8 2 13 .1 1 4 7 .4 1 9 7 .9 9 .3 6 4 .3 127.8 1 2 0 .9 - 4 5 .8 1 0 2 .7 FARM CASH FLOW AND NET INCOME INCLUD E LANDLORDS* NET RENTAL INCOME AND ALSO U N R E A L IZ E D AND NONMONEY INCOME (T A B L F S 9 4 1 .1 ♦ THE P R IC E DEFLATOR USED I S THE ANNUAL AVERAGE USDA INDEX OF P R IC E S P A ID BY FARMERS FOR FA M ILY L IV IN G IT E M S . USE THE DATA SHOWN IN 1967 DOLLARS WHEN COMPARING ACCUMULATIVE C A P IT A L G A IN S , CASH FLOW , AND INCOME OVER MORE THAN ONE Y E A R . AND 9 4 2 . 1 ) . AGRICULTURAL FINANCE DATABOOK— ANNUAL SERIES 600 FARM REAL ESTATE 610 620 IN D EX OF AVERAGE VALUE PER A C R E, 1912-D ATE...................................... 64 MARKET AND C R E D IT DEVELOPMENTS 6 2 1 .1 6 2 2 .1 630 MARKET A C T IV IT Y AND P R IC E E X P E C T A T IO N S , 1 9 5 9 - D A T E .................................. 66 C R E D IT C O N D IT IO N S, 1961-O ATE....................................................................................68 T RA N SFERS 631 ALL T R A N S F E R S , 6 3 1 .1 632 BY METHOD OF TRANSFER NUMBER AND R A T E , 1950-D A TE............. 70 TRA N SFER S OF 10 OR MORE A CRES— NUM BER, A C R E S , V A L U E , AND D E B T , 1966-DATE 6 3 2 .1 6 3 2 .2 6 3 2 .3 AMOUNTS........................................................... 71 CHANGE FROM P R E V IO U S Y E A R ................................................ 71 PERCENTAGE CHANGE FROM P R E V IO U S Y E A R ................................................................. 71 USE OF C R E D IT IN 6 4 1 .1 6 4 2 .1 6 4 3 .1 650 MARKET D EVELO PM EN TS, 48 STATES VALU ES 6 1 1 .1 640 SEPTEMBER 1976 TRA N SFER S R E L A T IV E U SE OF C R E D IT , 1 940-D A TE........................................................... 72 C R ED IT -FIN A N C ED AND ALL TRA N SFER S COMPARED, 1966-D ATE...........................72 PERCENTAGE D IS T R IB U T IO N OF C R E D IT , BY LEN D ER , 1964-DATE...................... 73 PERCENTAGE D IS T R IB U T IO N 6 5 1 .1 6 5 2 .1 6 5 3 .1 6 5 4 .1 6 5 5 .1 SOURCE: OF TRANSFERS B Y — METHOD OF O PERATIO N BEFORE S A L E AND AFTER S A L E , 1 9 5 4 - D A T E ................ 74 METHOD OF O PERATIO N BEFO RE SA LE AND INTENDED USE AFTER S A L E , 1 954-D A TE............. 75 T Y PE OF B U Y E R , 1940-D A TE............................................................................................. 76 TYPE OF S E L L E R , 1950-D ATE.......................................................................................... 77 PR O BA BLE USE OF PRO PERTY F IV E YEA RS AFTER PU R C H A SE, 1972-OATE. . . . 7 8 FARM REAL EST A T E MARKET D EVELO PM EN TS. IN P U T S AND FIN AN C E IN THE FOOD AND F IB E R SEC T O R , NATIONAL ECONOMIC A N A L Y S IS D I V I S I O N , ECONOMIC RESEARCH S E R V IC E , U . S . DEPARTMENT OF A G R IC U L T U R E . 63 64 TABLE 611.1 FARM REA L E S T A T E — INDEX OF AVERAGE VALUE PER ACRE (B A SE D ON E S T IM A T E S PRO VIDED BY SR S CROP R EP O R T E R S ) 1 1 IN D EX 1 1967=100 MARCH 1 1 1 _________ 1 2 2 .3 1 9 1 2 ..... 1 2 3 .0 1913......... ,| 1 9 1 4 . . . ., 1 2 3 .7 1 2 3 .6 1915......... .1 1916......... 1 2 5 .2 1917......... 1 2 7 .2 1918......... 1 3 0 .0 1919......... ,1 3 2 .7 1 3 9 .8 1 920......... I 3 6 .9 1921......... 1 3 2 .3 192 2......... 1 3 1 .3 1923......... ►1 1 9 2 4 . . . . , .1 3 0 .1 1 1925......... ■1 2 9 .4 2 8 .7 1926......... ,1 2 7 .5 1927......... ►1 2 7 .0 1 9 2 8 . . . . , ,1 2 6 .8 1 929 ......... ,| | 1 930......... ,1 2 6 .3 2 3 .7 1 931......... ,1 1 9 .8 1 9 3 2 . . . . , ►1 1 6 .2 193 3 . . . . , ,1 1 7 .0 1 9 3 4 . . . .,,1 | 1 7 .6 1 9 3 5 . . . . , .1 1 9 3 6 . . . . , .1 1 8 .4 1 9 .0 1 9 3 7 . . . .,»| 193 8 . . . . , .1 1 9 .2 1 9 3 9 . . . . , .1 1 8 .9 | 1 8 .9 1 9 4 0 . . . . , .1 1 9 .0 1 9 4 1 ....,. | 1 PERCENTAGE CHANGE FROM PR E V IO U S YEAR ***** 3 .1 3 .0 - 0 .4 6 .8 7 .9 1 0 .3 9 .0 2 1 .7 - 7 .3 - 1 2 .5 - 3 .1 - 3 .8 - 2 .3 - 2 .4 - 4 .2 - 1 .8 - 0 .7 - 1 .9 - 9 .9 - 1 6 .5 - 1 8 .2 4 .9 3 .5 4 .5 3 .3 1 .1 - 1 .6 0 .0 0 .5 1 | INDEX | 1967=100 1 | 1 1 1942—H I . . . | 2 0 .6 —H I I . . . | 2 1 .0 1 1943—H I . . . | 2 2 .6 —H I I . • • | 2 3 .7 1 1944—H I . . . | 2 5 .8 —H I I . . . | 2 7 .0 1 1945—H I . . . | 2 8 .6 —H I I • • • | 3 0 .1 1 1946-H I . . . | 3 2 .3 —H I I • • • | 3 4 .4 I 1947—H I . . . | 3 6 .2 —H I I . . . | 3 7 .4 1 1948—H I . . . | 3 9 .1 4 0 .8 - H IT . . . I 1 1949—H I . . . | 4 0 .7 - H II. . . | 3 9 .5 1 3 9 .9 195 0-H I . . . | —H I I . . . | 4 3 .4 ! 4 6 .1 1951—H I . . . | - H II...| 4 9 .1 1 5 0 .7 1952—H I . . . | —H I I . . . | 5 1 .2 1 1953—H I . . . | 5 1 .5 - H II.. . | 5 0 .7 1 1 MARCH 1 AND NOVEMBER | | I ANNUALIZED I PERCENTAGE |CHANGE FROM | P R E V IO U S _ DA 1E YEAR___ 1 PERCENTAGE CHANGE FROM P R E V IO U S ____ DATE___ ***** 1 .9 8 .4 ***** ***** 2 .9 7 .6 4 .9 9 .7 1 2 .9 2 2 .9 7 .3 8 .9 4 .7 1 4 .2 1 3 .9 2 6 .6 7 .0 5 .9 5 .2 1 0 .9 1 1 .5 1 7 .8 7 .9 7 .3 6 .5 1 2 .9 1 4 .3 2 1 .9 9 .8 5 .2 3 .3 1 2 .1 8 .7 1 5 .7 5 .0 4 .5 4 .3 8 .0 9 .1 1 3 .6 6 .5 - 0 .2 - 2 .9 4 .1 -3^2 - 0 .7 - 4 .4 1 .0 8 .8 - 2 .0 9 .9 3 .0 1 3 .2 6 .2 6 .5 1 5 .5 1 3 .1 1 8 .7 9 .8 3 .3 1 .0 1 0 .0 4 .3 9 .8 1 .5 0 .6 - 1 .6 1 .6 - 1 .0 1 .8 - 2 .3 THE "A N N U ALIZED PERCENTAGE CHANGE FROM P R E V IO U S D A T E" F A C IL IT A T E S COMPARISON OF THE RATE OF P R IC E CHANGE OVER T IM E bY A D JU ST IN G FOR THE V A R IA T IO N IN THE LENGTH OF THE PE R IO D BETWEEN REPO RT IN G D A T ES. THE ANNUALIZED CHANGE I S THEREFORE OBTAINED EY M U L T IP L Y IN G THE CHANGE IN THE 8-MONTH MARCH-NOVEMBER PE R IO D BY 1 .5 0 AND THE CHANGE IN T h E 4-MONTH NOVEMBER-MARCH PER IO D BY 3 .0 0 TABLE 611.1 FARM R EA L E S T A T E — INDEX OF AVERAGE VALUE PER ACRE (BA SED ON E S T IM A T E S PROVIDED BY SRS CROP R EP O R T ER S) MARCH 1 AND NOVEMBER 1 1 INDEX | 1967=100 1 I __L [ | 1 ANNUALIZED I PERCENTAGE 1CHANGE FROM 1 P R E V IO U S YEAR_ _ J . __ DATE __ PERCENTAGE CHANGE FROM PR E V IO U S DATE 1 1954-H I . . . ! - H I I . ..1 5 0 .8 5 2 .1 0 .2 2 .6 - 1 .4 2 .8 0 .6 3 .8 195 5-H I . . . 1 —H I I • . . | j1 1956-H I . . . | -HI I . . . | | 5 2 .9 5 4 .2 1 .5 2 .5 4 .1 4 .0 4 .6 3 .7 5 4 .9 57.1 1 .3 4 .0 3 .8 5 .4 3 .9 6 .0 1957—H I . . . | - H II...1 | 1958—H I . . . | —H I I . . . | | 5 8 .4 6 0 .2 2 .3 3 .1 6 .4 5 .4 6 .8 4 .6 6 1 .3 6 4 .0 1 .6 4 .4 5 .0 6 .3 5 .5 6 .6 6 5 .8 6 7 .5 2 .8 2 .6 7 .3 5 .5 8 .4 3 .9 6 8 .4 6 8 .6 1 .3 0 .3 4 .0 1 .6 4 .0 0 .4 6 9 .4 7 1 .3 1 .2 2 .7 1 .5 3 .9 3 .5 4 .1 7 3 .1 7 5 .2 2 .5 2 .9 5 .3 5 .5 7 .6 4 .3 7 6 .7 7 9 .7 2 .0 3 .9 4 .9 6 .0 6 .0 5 .9 8 1 .9 8 4 .6 2 .8 3 .3 6 .8 6 .1 8 .3 4 .9 8 6 .2 9 0 .1 1 .9 4 .5 5 .3 6 .5 5 .7 6 .8 I 1959-H I . . . 1 —H I I . . . | I1 1960-H I . . . | - H II...1 1 1 1961—H I . . . | —H I I . . . 1 I1 1962—H I . . . | - H I I . ..1 1 1 1963—H I . . . | - H I I . ..1 1 1 1964—H I . . . 1 —H I I . . . 1 1 1 1965—H I . . . | —H11 . . . | 1 1 MARCH 1* | IN D EX AND 1 1967=100 NOVEMBER 1 I _ _______ i 1 1966—H I . . . | 9 3 .3 —H I I . . . | 9 8 .0 1 1 1967—H I . . . | -HI I . . . | 1 1 1968—H I . . . | —H11 . . . | I 1 1969—H I . . . 1 - H II.. . | 1 1 1970-H I . . . | - H it .. . | 1 I 1971—H I . . . | - H II.. . I 1 1 1972—H I . . . | - H it ...| 1 1 1973-H I . . . 1 - H II.. . | 1 I 1974—H I . . . | - H it ...| 1 1 1975—H I . . . 1 - H it .. . | l1 1976-H I . . . 1 1 l 1 1 | | PERCENTAGE CHANGE FROM P R E V IO U S I ANNUALIZED 1 PERCENTAGE I CHANGE F k OM 1 PR E V IO U S 1 DATE DATE YEAR 3 .6 5 .0 8 .2 8 .8 1 0 0 .0 1 0 4 .5 2 .0 4 .5 7 .2 6 .6 6. 1 6 .7 1 0 6 .9 1 1 1 .2 2 .3 4 .0 6 .9 6 .4 6 .9 6 .0 1 1 2 .8 1 1 6 .2 1 .4 3 .0 5 .5 4 .5 4 .3 4 .5 1 1 7 .4 1 1 9 .8 1 .0 2 .0 4 .1 3 .1 3 .1 3 .1 1 2 2 .5 1 2 7 .2 2 .3 3 .8 4 .3 6 .2 6 .8 5 .8 1 3 2 .5 1 4 0 .9 4 .2 6 .3 8 .2 1 0 .8 1 2 .5 9 .5 1 4 9 .8 1 7 0 .0 6 .3 1 3 .5 1 3 .1 2 0 .7 1 8 .9 2 0 .2 1 8 7 .5 2 0 4 .8 1 0 .3 9 .2 2 5 .2 2 0 .5 3 0 .9 1 3 .8 2 1 4 .0 2 3 0 .3 4 .5 7 .6 1 4 .1 1 2 .5 1 3 .5 1 1 .4 2 4 4 .0 5 .9 1 4 .0 2 3 .8 1 0 .7 7 .6 THE "A N N U A LIZ ED PERCENTAGE CHANGE FROM P R E V IO U S D A T E" F A C IL IT A T E S COMPARISON OF THE RATE OF P R IC E CHANGE OVER T IM E BY A D JU ST IN G FOR THE V A R IA T IO N IN THE LENGTH OF THE PE R IO D BETWEEN R EPO RTIN G D A T ES. THE ANNUALIZED CHANGE I S THEREFORE OBTAINED BY M U L T IP L Y IN G THE CHANGE IN THE 8-MONTH MARCH-NOVEMBER PER IO D BY 1 .5 0 AND THE CHANGE IN THE 4-MONTH NOVEMBER-MARCH PE R IO D BY 3 .0 0 . ♦ STARTING IN 1976* THE F IR S T SURVEY OF EACH YEAR CHANGE ARE 1 .3 3 AND 4 .0 0 * R E S P E C T IV E L Y . IS MADE ON FEBRUARY 1* AND THUS THE FACTORS FOR COMPUTING THE ANNUALIZED 65 TABLE 621.1 MARKET A C T IV IT Y AND P R IC E EX PEC TA TIO N S CHANGE IN MARKET A C T IV IT Y FROM A YEAR E A R L IE R I PERCENTAGE OF RESPONDENTS R EPO RTIN G 1 MARCH 1 | AND | FARMS O FFERED FOR SA LE I IN Q U IR IE S FOR FARMLAND OCTOBER 1 | CHANGED 1 CHANGED DECREASED | IN C REA SED L IT T L E L IT T L E DECREASED 1 IN C R EA SED _________________ L 1 *♦♦♦ **** ♦ *** j 1 95 9-H I . . . | 3 7. 5 1. 12. —H11 • • • | 14. 54. 26. 32. 1 43. 31. I1 ♦ * ** **** **** | 1960—H I . . . | 21. 50. 29. 54. 18. 13. 28. 1 31. - H II...I 5 6. j P R IC E CHANGE EXPECTED IN THE FOLLOWING YEAR PERCENT OF RESPONDENTS E X PE C T IN G IN C R E A SE OF 5% OR MORE L IT T L E CHANGE D ECREASE OF 5% OR MORE **** 19. **** 75. **** 6. 13. 9. 74. 73. 13. 18. 1961—H I . . . | —H I I •• . | | 18. 15. 65. 54. 1 7. 31. | 1 17. 29. 51. 40. 32. 31. 8. 17. 7 7. 78. 15. 5. 1 96 2-H I . . . | —H I I • • • t l I 1963—H I . . . | —H I I . . • | 1 1 1964—H I . . . | - H II...I 1 17. 12. 64. 56. 19. 32. | 1 29. 29. 51. 41. 20. 30. 18. 18. 76. 77. 6. 5. 18. 12. 63. 54. 19. 34. | 1 32. 33. 53. 43. 15. 24. 20. 2 2. 74. 74. 6. 4. **** 1 5. ** *♦ 62. 23. | 1 **** *36 ■. **** 54^ **** 20^. **** 23. **** 72. **** 5. 19. 11. 63. 53. 19. 32. | I 35. 34. 51. 48. 14. 16. 30. 51. 66. 47. 4. 2. 12. 10. 50. 50. 35. 36. | 1 44. 29. 43. 48. 11. 20. 5 7. 46 • 40. 46. 3. 6. 12. 17. 5 5. 5 5. 30. 26. | 1 3 1. 32. 48. 47. 18. 1 9. 46. 44. 50. 5 0. 4. 6. 18. 19. 5 6. 5 5. 26. 26. 1 | 33. 31. 48. 46. 19. 23. 44. 41. 50. 51. 6. 8. 18. 20. 56. 5 4, 26. 26. | | 28. 23. 47. 40. 25. 37. 38. 30. 52. 5 1. 10. 20. 1 96 5-H I . . . | - H II...r ■ 1 1966—H I . . . f - H II. . . | I I 1 967-H I . . . | - H II...| i I 1968—H I . . . | - H II...1 1969—H I . . . | - H II...| I _____L FROM OCTOBER 1965 THROUGH OCTOBER 1 9 6 7 , THE PERC ENTA GES SHOWN UNDER BOTH "FARM S O FFERED FOR S A L E " FOR FARMLAND" DO NOT TOTAL 100 PER C EN T, WITH THE D IF F E R E N C E B E IN G R ESPO N SES OF "DON *T KN O W ." AND " I N Q U IR IE S TABLE 621.1 MARKET A C T IV /IT Y AND P R IC E EX PEC TA TIO N S CHANGE IN MARKET A C T IV IT Y FROM. A YEAR E A R L IE R I PERCENTAGE OF R ESPO N D EN TS REPO RTIN G 1 MARCH 1 | AND | 1 FARMS O FFERED FOR S A L E in q u ir ie s fo r fa r m la n d OCTOBER 1 | ... _____ ______ 1 CHANGED 1 1 CHANGED DECREASED 1 i n c r e a s e d L IT T L E 1 IN C R EA SED DECREASED l it t l e ________ J 1 1 1 1970—H I . . . | 19. 53. 28. ! 40. 41. 19. - H II...I 30. 53. 17. 3 9. 40. 21 . 1 1 19. 25. 1971—H I . . . | 56. 29. 25. 46. - H II...| 24. 18. 58. 19. 45. 36. It I ! 1 972-H I . . . | - H II...| 1 20. 15. 5 8. 5 8. 2.2. 27. 46. 54. 45. 4 1. 1973—H I . . . | —H I I . . . | 16. 12. 54. 50. 30. 38. 62. 62. 13. 13. 49. 53. 38. 35. 18. 16. 52. 54 . 16. '58 . 1 1 1974—H I . . . | - H II...1 1 1 1 975-H I . . . | - H II...| 1 1 1976—H I . . . | _________________ L P R IC E CHANGE EXPECTED IN TH F FOLLOWING YEAR |PERC EN T OF RESPONDENTS E X P E C T IN G | IN C R E A SE | OF 5% 1 OR MORE L IT T L E CHANGE D ECREASE OF 5% DR MORE I 1 25. 27. 59. 61. 16. 12. | 1 30. 36. 60. 58. 10. 6. 9. 5. | j 48. 6 4. 49. 35. 3. 34. 34. 4. 4. 1 | 71. 70. 28. 2 8. 2. 60. 31. 34. 43. 6. 2 6. 1 1 70. 42. 28. 46. 2. 12. 30. 30. 18. 26. 40. 47. 42. 2 7. I I 23. 45. 54. 49. 23. 7. 27. 35. 49. 16. 1 47. 48. 5. 1. 1. 67 TABLE 622.1 C R E D IT CO ND ITIO N S CHANGE IN C R E D IT CO N D ITIO N S FROM S I X MONTHS E A R L IE R 1 | PERCENTAGE OF RESPONDENTS R EPO RT IN G l_ IN T E R E S T RATES I C R E D IT A V A IL A B IL IT Y 1. 1 H IG H ER SAME _ SAME . ... LOWER . . H IG H E R ___ i ** ♦ * ♦ *** *♦ ** **** ♦ * ** 1961—H I . . . | **** **** - H I I •• • | 19. 73. 8. 1 1 **** **♦ * ♦ *** **** 1962-HI . . . 1 * * *♦ * * *♦ —H I I • • • | 5. 68. 1 1 ** ♦ * **** **** **** *♦ ** 1 96 3-H I . . . | **** **** 69. - H II...1 28. 3. ■ **** *♦ ** **** **** **** 1964—H I . . . | **** **** - H II...| 5. 28. 67. 1 1 **** **** 70. 25. 5. 196 5-H I . . . | **** **** A. - H II...| 30. 62. 1 1 **** **** 20. 1966—H I . . . ! 20. 5 6. **** **** 69. 24. - H II...| 4. 1 1 **♦ * **** 33. 1 967-H I . . . | 22. 42. **** **** 25. 14. - H II...I 5 6. 1 1 45. 87. 12. I9 6 8 - H I . . . | 8. 47. 2 7. 2 6. 58. 71. - H II...I 16. 1 1 MARCH 1 AND OCTOBER 1 **** **** **** * CM 1969—H I . . . | —H I I • • • | 1 LOWER _ 7. 3. 49. 2 8. 44. 69. 92. **** 7. **** **** **** **** **** **** **** **** **** **** **** 1. 2 . 1. **** FROM OCTOBER 1965 THROUGH OCTOBER 1967, THE PERCENTAGES SHOWN DO NOT TOTAL 100 PER C EN T, W IT H THE D IF F E R E N C E B E IN G R ESPO N SES OF "D O N 'T KNOW." TABLE 622.1 C R ED IT CO NDITIO NS | | | !| 1 __________1 1 1970-H I . . . j - H II . . . | i 1 CHANGE MARCH 1 AND OCTOBER 1 C R E D IT H IG H E R ______ IN C R E D IT C O ND ITIO NS FROM S IX MONTHS E A R L IE R PERCENTAGE OF RESPONDENTS REPO RTIN G A V A IL A B IL IT Y SAME IN T E R E S T RATES LQMER H IG H ER SAME LOWER 3. 9. 3 0. 51. 67. 4 0. 88. **** 11. **** 1. **** 1971—H I . . . | - H I!. . . | l 1 1972—H I . . . | —H 11. . . | 1 1 1 973-H I . . . | —H 11 . . . | i I 46. 34. 42. 5 6. 12. 1 0. 12. 17. 31. 6 2. 5 7. 21. 4 8. 4 3. 48. 5 4. 4. 3. 7. 14. 5 5. 81. 38. 5. 3 9. 16. 5 6. 47. 5. 37. 28. 87. 7 0. 12. 2. 1. 1974—H i . . . | —H I I . . . I 2 8. 4. 58. 28. 14. 68. 39. 87. 56. 12. 5. 1. 17. 16. 48. 61 . 35. 2 3. 2 7. 45. 53. 52. 2 0. 3. 29. 61. 10. 1 4. 69. 1 7. f1 1975—H I . . . | —H11 . . . | 1 I 197 6-H i . . . | L- ... 69 TABLE 631.1 FARM REAL ESTATE TRANSFERS BY METHOD OF TRANSFER 1 1_______________________ 1 I TOTAL 1 1 I 1 9 5 0 ......... , 1 2 8 0 .9 2 8 2 .5 195 1 ......... 1 2 6 4 .8 1 95 2 ......... 1 1953.......... 1 2 4 0 .2 1954......... 1 2 1 5 .6 i YEAR ENDING MARCH 1* NUMBER OF T RA N SFER S TRA NSFERS (THOUSANDS) METHOD OF TRANSFER 1 1 | VOLUNTARY ESTATE FORECLOSURE SETTLEM ENT 1 TOTAL OTHER | . _ _ ... AS PERCENTAGE OF THE TOTAL NUMBER OF FARMS METHOD OF TRANSFER 1 1 FO RECLOSURE EST A T E !1 VOLUNTARY SETTLEM EN T .11 OTHER 1 9 9 .7 2 0 6 .1 1 90 .1 1 6 8 .7 1 4 3 .0 4 2 .0 3 8 .7 3 5 .6 3 4 .0 3 3 .5 7 .5 7 .8 8 .1 1 1 .3 1 3 .4 3 1 .8 2 9 .8 3 1 .0 2 6 .1 2 5 .8 | | | | | 5 .2 2 5 .4 0 5 .2 1 4 .8 7 4 .5 1 3 .7 1 3 .9 4 3 .7 4 3 .4 2 2 .9 9 0 .7 8 0 .7 4 0 .7 0 0 .6 9 0 .7 0 0 .1 4 0 .1 5 0 .1 6 0 .2 3 0 .2 8 0 .5 9 0 .5 7 0 .6 1 0 .5 3 0 .5 4 1 9 5 5 ..... 1 1 95 6 ......... 1 1 95 7 ......... ,1 1 958......... 1 195 9 ......... ►1 1 1 1960......... ►1 1961.........., 1 1962..........,1 1 963.......... 1 964......... , 1 | 2 0 1 .2 2 0 5 .6 1 89 .1 1 8 1 .2 1 7 4 .5 1 3 7 .7 1 3 3 .9 1 2 3 .9 1 1 7 .3 112.1 2 9 .5 3 8 .6 3 4 .8 3 4 .3 3 5 .0 8 .4 9 .7 8 .0 6 .5 5 .9 2 5 .6 2 3 .4 2 2 .4 2 3 .1 21 .5 | | | | I 4 .6 5 4 .9 7 4 .7 8 4 .8 0 4 .8 0 3 .1 9 3 .2 3 3 .1 3 3 .1 2 3 .1 3 0 .6 9 0 .9 4 0 .8 8 0 .9 1 0 .9 5 0 .2 0 0 .2 3 0 .2 0 0 .1 7 0 .1 6 0 .5 6 0 .5 4 0 .5 4 0 .5 9 0 .5 8 169.1 1 5 4 .6 1 5 4 .7 1 4 6 .0 1 4 8 .1 1 0 9 .8 9 7 .3 9 5 .8 9 2 .9 9 5 .5 3 2 .3 3 2 .3 3 4 .6 3 1 .2 2 9 .5 5^.8 5 .1 5 .4 4 .0 2 1 .2 1 9 .9 1 8 .9 1 7 .9 18*2 | | | | | 4 .7 1 4 .4 4 4 .5 9 4 .4 8 4 .6 9 3 .0 7 2 .8 1 2 .8 5 2 .8 5 3 .0 3 0 .9 0 0 .9 3 1 .0 2 0 .9 6 0 .9 1 0 .1 6 0 .1 5 0 .1 6 0 .1 2 0 .1 6 0 .5 9 0 .5 7 0 .5 6 0 .5 5 0 .5 8 1 9 6 5 . . . . , ,| 1 966......... ,1 1967......... ,1 1 968......... ►1 1 96 9 ......... J i 1 3 9 .7 1 3 9 .7 1 3 1 .7 1 2 7 .6 1 2 5 .6 8 9 .7 9 3 .7 9 1 .2 8 7 .5 8 5 .6 2 9 .3 2 7 .4 2 1 .6 2 0 .4 2 0 .4 4 .5 2 .8 2 .4 3 .0 2 .7 1 6 .3 1 5 .9 1 6 .6 1 6 .7 1 6 .9 | | | | | 4 .6 4 4 .6 3 4 .4 5 4 .4 2 4 .4 8 3 .0 3 3 .1 1 3 .0 9 3 .0 4 3 .0 6 0 .9 4 0^90 0 .7 3 0 .7 0 0 .7 2 0 .1 4 0 .0 9 0 .0 8 0 .1 1 0 .1 0 0 .5 3 0 .5 4 0 .5 5 0 .5 7 0 .6 0 1 9 7 0 . . . . . >1 1 1 1 .2 1 1 1 .6 1 971......... ,| 1 2 7 .7 1 972......... , 1 1 4 5 .7 1 9 7 3 ...... \ 1974......... ,1 1 5 1 .2 i 1 1 2 3 .0 197 5 ......... ,\ 1 0 7 .9 1 9 7 6 . . . . , .1 j __________ 7 5 .6 7 4 .6 9 0 .0 1 07 .0 1 0 6 .9 1 7.8 17.7 1 8 .5 2 1 .2 2 1 .4 2 .9 3 .6 3 .5 3 .4 2 .2 1 4 .7 1 5 .7 1 5 .7 1 4 .1 2 0 .6 1 | | I | 4 .1 4 4 .2 8 4 .7 9 5 .5 9 5 .8 3 2 .7 8 2 .8 7 3 .4 0 4 .1 0 4 .1 2 0 .6 5 0 .6 6 0 .6 8 0 .8 1 0 .8 3 0 .1 6 0 . 14 0 .1 4 0 .1 3 0 .0 9 0 .5 5 0 .6 3 0 .5 7 0 .5 4 0 .7 9 8 3 .2 7 1 .8 1 8 .4 1 6.1 3 .4 3 .8 1 7 .9 1 6 .1 | | 4 .7 8 4 .2 7 3 .2 3 2 .8 1 0 .7 2 0 .6 3 0 .1 3 0 .1 5 0 .7 0 0 .6 8 * ST A R T IN G IN 1976* DATA ARE FOR THE YEAR ENDING FEBRUARY 1 SEC T IO N 632 FARM REAL ESTATE TRANSFERS YEAR ENDING MARCH 1 1 9 6 6 .... 1967 . . . . 1 9 6 8 .... 1 9 6 9 .... 1 9 7 0 .... 1971 . . . . 1 9 7 2 .... 1 9 7 3 .... 1 9 7 4 .... 1975 . . . . 1 9 7 6 .... 1 9 6 7 .... 1 9 6 8 .... 1969 . . . . 1970 . . . . 1971 . . . . 1 9 7 2 .... 1 9 7 3 .... 1 9 7 4 .... 1 9 7 5 .... 1 9 7 6 .... 1 9 6 7 .... 1 9 6 8 .... 1 9 6 9 .... 1 9 7 0 .... 1971 . . . . 1 9 7 2 .... 1 9 7 3 .... 1 9 7 4 .... 1975 . . . . — 1 5 7 6 > » .. 1 1 ____________ I NUMBER 1 OF |T R A N SFER S | (THOU1 SANDS) 1 1 1 .1 1 1 3 .6 •1 1 1 0 .7 •1 1 0 4 .8 •| 1 0 0 .0 l1 •I 8 9 .0 •I 9 0 .0 .1 1 0 5 .9 .1 1 2 5 .0 .1 1 2 5 .0 .1 9 9 .1 • 1— B5..4 1 1 ________ 1 •1 - 2 .9 .1 - 5 .9 •| - 4 .8 I ALL T RA N SFER S VALUE 1 ACRES SOLD 1 1 __ 1 PER 1 TOTAL PER 1 M IL L IO N S ACRE T R A N SF ER l OF I(T H O U SA N D S) DOLLARS (D O L L A R S ) 1 J 26498. 2 5 7 86 . 24067. 22139. 233. 233. 230. 221. 22014. 1 98 91 . 27249. 36314. 41761. 26978. 23142. 247. 221. 257. 291 . 334. 272. 271. 1 1 1 NUMBER OF 1 IT R A N S FE R S (THOU1 1 SAND S) 5 324. 5770. 5486. 5 36 0. 5368. 5135. 7248. 1 05 93 . 1 42 02 . 1 1 8 27 . _ 12213_._ .1 - 1 1 .0 -125. -2123. .1 1 .0 .1 1 5 .9 7358. •I 1 9 .1 9065. 5447. .1 0 .0 .1 - 2 5 .9 -14783. .1 -13..7 -3836,. I 1 1 .1 - 2 .6 - 2 .7 .1 - 5 .3 - 6 .7 .1 - 4 .6 - 8 .0 j .1 - 1 1 .0 - 0 .6 •1 1 .1 - 9 .6 •1 1 7 .7 3 7 .0 .1 1 8 .0 3 3 .3 .1 0 .0 1 5 .0 .1 - 2 0 .7 - 3 5 .4 ___ r !2 .» a ___ ______ r l 4 * 2 . . . -0. -3. -8. 446. -284. -126. 23. 4. 14. 26. -26. 36. 33. 44. -62. -1. 8. -233. 2113. 3345. 3609. -2 3 7 5 . 386. 2. 14. 8. 26. 48. 98. 89. 1 1 .7 - 1 0 .6 1 6 .4 1 2 .9 1 5 .0 - 1 8 .5 __ ****** 19242. 1 5854. 17521. **** 241. 234 . 250. 401*t. 4398. 3651. 42 1 9 . **** 229. 230. 241. 2 89 h • 3211. 2 70 3. 3152. 160 00 . 16887. 22701. 29896. 38574. 24205. 2 0 1 3 1 .__ ____ 2 62 . 227. 265. 283. 372. 285. 280. 3708. 4414. 5990. 8943. 1 23 00 . 10195. 10167. 232. 261. 264. 299. 319. 421. 505. 2 68 2. 3239. 4440. 6960. 9285. 77o3 • 7623. N FR O M ,P R E V IO U S .Y E A & _ 1 .0 - 1 2 .1 2 .5 ******* -3388. 1 667. ***** -7. 15. 384. -747. 568. ***** 2. 11. 317. -508. 449. - 9 .1 1 3 .4 1 1.1 2 0 .0 - 1 .9 - 1 8 .9 - 1 3 .0 -1521. 887. 5814. 7195. 8 67 8. -14369. -4074. 12. -35. 39. 18. 89. -87. -5. -511. 706. 1576. 2953. 3357. -2105. -28. -9. 30. 2. 35. 20. 102. 8^ . -470. 557. 1201. 2 52 0. 2 32 5. -1522. -140. 8 .4 - 4 .9 - 2 .3 0 .1 - 4 .3 4 1 .1 4 6 .2 3 4 .1 - 1 6 .7 2^2_____ 1 1 .4 1 .9 6 .2 0 .7 5 .9 3 .0 9 .7 1 6 .6 2 8 .9 CHANGE EROM_ P R E V IO U S . YEAR 1 ***** ***** 1 .3 1 - 1 7 .6 - 2 .9 1 - 1 5 .2 3 .7 1 0 .5 6 .6 ! if - 8 .7 4 .9 1 - 1 3 .0 2 1 .9 5 .5 - 1 3 .4 1 1 4 .9 3 4 .4 1 7 .0 1 2 3 .4 3 1 .7 1 6 .8 - 1 .8 2 9 .0 1 3 1 .4 - 3 7 .3 - 2 3 .3 1 - 1 8 .2 -_L_- r l f u . 3 ____ — n l k r S ____ DATA IN C LU D E ONLY VOLUNTARY AND ESTATE S A L E S OF 10 OR MORE ACRES AND ARE WEIGHTED E S T IM A T E S AND FROM FARM REALTORS AND O T H E R S. TABLE 6 4 2 .1 SHOWS DATA ON THE C R ED IT -FIN A N C ED TRA N SFERS I DtbT I (M IL L IO N S I OF 1 D O LLA RS) 1 PERCENTAGE - 0 .1 - 1 .4 - 3 .6 . 1 1 1 1 i » 1 1 1 1 1 1 1 TRA NSFERS VALUE | ACRES SOLD | | 1 | PER | M IL L IO N S PER TOTAL OF ACRE | (THOUSANDS) T R A N SF ER ! 1 1 DOLLARS___ (D O L L A R S ). AMOUNTS. 632 -1 1 201. 7 8 .8 1 224. 7 9 .8 1 228. 6 7 .7 1 7 0 .2 242. 1 tI 6 1 .1 244. 1 258. 7 4 .5 1 8 5 .6 266. 1 292. 1 1 0 5 .6 34C • 1 103 .7 8 4 .8 438. 1 _ 5 2 8 * __ ___7-L.8________ 6 3 2 m2___ CHANGE -712. -1719. -1928. C R ED IT - FIN A N C ED 9 .6 - 1 7 .0 1 5 .6 ***** 0 .8 4 .6 1 1.0 - 1 5 .8 1 6 .6 - 1 2 .1 1 9 .0 3 5 .7 4 9 .3 3 7 .5 - 1 7 .1 - 0 .3 - 3 .8 1 2 .8 0 .9 1 3 .4 6 .6 3 2 .1 - 1 4 .9 2 0 .8 3 7 .1 5 6 .8 3 3 .4 - 1 6 .4 __ BASED ON R EPO RTS FROM SR S CROP R EPO RT ER S AS PERCENTAGES OF DATA ON A LL T R A N S F E R S . 71 TABLES 641.1 AND 642.1 6 4 1 .1 YEAR ENDING MARCH 1 U SE OF C R ED IT 1 PERCENTAGE f OF 1 T RA N SFER S 1 ON WHICH I DEBT WAS | INCURRED IN TRAN SFERS DEBT AS PERCENTAGE OF PURCHASE P R IC E 1 1940. 1941. 1942. 1943. 1944. 1945. 1946. 1947. 1948. 1949. ---- I ---- | ---- I ---- | ---- I ---- I ---- | ---- 1 ....I lI 1950. 1951. 1952. ---- 1 1953. ---- | 1954. ---- 1 1955.-----I 1956. 1957. 1958. 1959.-----| I 1 1960. -----1 1961. . . . . I 1962.-----I 1963. ---- I 1964. 1965.-----1 1966. 1967. 1968. 1969. 1 1 1970. 1971.-----| 1972. 1973. 1974.----- I 1975. 1976.----- 1 _ J *** 52. 55. 48. 44. 44. 43. 47. 52. 56. 66. 68. 64. 6 0. 58. 57. 56. 5 6. 57. 56. 58. 5 4. 5 6. 60. 62. 64* 67. 68. 67. 67. 5 7. 54. 55. 56. 59. 59. 61. 63. 64 • 64. 67. 67. 71. 73. 7 3. 73. 77. 80. 79. 80. 65. 6 6. 68. 70. 71. 72. 7 2. 73. 74. 74. 78. 84. 8 2. 86. 86. 88. 87. 73. 7 3. 7 4. 78. 75. 76. 76. 6 4 2 .1 C R ED IT -FIN A N C ED T RA N SFERS COMPARED WITH ALL T RA N SFERS C RED IT -FIN A N C ED SA L E S AS PERCENTAGE OF ALL S A L E S ! ! 11 VALUE ACRES SOLD | 11 1 | I 1 NUMBER . ......... ....... ..... ........ 1 OF | AVERAGE | PER I 1 TOTAL PER | TOTAL ACRE I I T R A N SF ER S| | | _______ ______ L_ _ -TRA N SFER -.1. 11 **** **** ***** **** ***** II **** **** **** ***** ***** 11 **** **** ***** **** ***** I t **** **** ***** **** ***** 11 **** **** ***** **** ***** 11 **** **** ***** **** ***** 11 **** ***** **** **** ***** (I **** **** ***** **** ***** II **** ***** **** **** ***** 11 **** **** ***** **** ***** 11 I1 i! **** **** ***** **** ***** 11 **** **** ***** **** ***** 11 **** ***** **** **** ***** 11 ***** **** **** **** ***** II ***** **** **** **** ***** I 1 **** **** ***** **** ***** 11 **** **** ***** **** ***** 11 **** ***** **** ***** **** 11 **** **** **** ***** ***** 11 **** **** ***** **** ***** 11 i i I 1 **** **** ***** **** ***** 11 **** **** ***** **** * * *** 11 **** **** ***** **** ***** 11 **** **** ***** **** ***** II **** **** **** ***** ***** 11 **** **** **** ***** ***** 1I **** ***** ***** 6 9 .4 7 5 .4 II 7 2 .1 1 0 3 .5 7 4 .6 7 6 .2 1 0 2 .1 11 6 5 .9 6 4 .6 102 .0 6 6 .6 1 0 1 .0 11 7 9 .1 7 0 .2 9 9 .5 1 1 2 .7 7 8 .7 11 1 i I 1 6 8 .7 7 2 .7 1 0 5 .9 6 9. 1 9 5 .0 1I 8 4 .9 8 2 .8 8 6 .0 1 0 2 .6 1 0 1 .3 11 8 0 .8 8 3 .3 103 .1 8 2 .6 9 9 .2 11 8 4 .5 8 4 .4 9 7 .5 8 2 .3 1 0 2 .5 11 8 3 .0 9 2 .4 1 1 1 .3 8 6 .6 9 3 .8 II 1 0 4 .9 8 5 .6 8 9 .7 8 6 .2 9 6 .1 II 84. 1 8 7 .0 1 0 3 .5 8 3 .2 9 5 .7 11 11 I 1 DEBT AS PERCENTAGE OF VALUE OF— 1 ALL IT R A N S FE R S 1 1 1 1 1 1 1 1 1 1 1 i 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 I 1 1 1 C R E D IT FINANCED T RA N SFERS **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **♦ * **** **** **** **** **** **** **** **** **** **** 5 4 .4 5 5 .6 4 9 .3 5 8 .8 **** **** **** **** **** **** 7 2 .1 7 3 .0 7 4 .0 7 4 .7 5 0 .0 6 3 .1 6 1 .3 6 5 .7 6 5 .4 6 5 .6 6 2 .4 7 2 .3 7 3 .4 7 4 .1 7 7 .8 7 5 .5 7 6 .1 7 5 .0 J ___ DATA IN T ABLE 6 4 1 .1 ARE UNWEIGHTED E ST IM A T E S BASED ON REPO RTS FROM FARM REALTO RS AND O TH ERS, WHEREAS THE RA T IO S SHOWN TABLE 6 4 2 .1 ARE COMPUTED FROM DATA IN TABLE 6 3 2 .1 , WHICH WERE O BTAINED BY W EIG H TIN G THESE REPORTS AT THE REGIO NAL LEVE TABLE 643.1 PERCENTAGE D IS T R IB U T IO N _ YEAR 1 ENDING 1 MARCH 1 _ 1_ 1 1 96 4 .......... I 1 1 1 965.......... 1 1 1 1966.......... 1 I1 1 96 7 ......... 1 1 1 1968......... . 1 1 1 TOTAL 1 96 9 ......... >1 1 1 1 970........... 1 1 1 1971........... 1 1 1 1 972......... .1 1 1 1 97 3 ......... .1 1 1 197 4 ......... . t 1 197 5 ......... . I 1 197 6 ......... ►1 1 1 1 1 OF C RED IT S E L L E R S OF FARMS TOTAL ______CONTRACT____ MORTGAGE EXTENDED FOR FARM REAL ESTATE (C O M M ER C IA L(IN SU RA N C E 1 BANKS (CO M PANIES ___ _________ 1_______ PURCHASES 1 FED ERA L I OTHER | LAND | LENDERS 1 BANKS _ 1 _ _____ 100. 47. **** **** 9. 20. 7. 17. 100. 44. **** **** 9. 20. 8. 19. 100. 38. **** 10. 26. 10. 16. 100. 49. **♦ * **** 11. 15. 11. 14. 100. 54. **** **** 11. 17. 9. 9. 100. 49. 42. 7. 10. 1 9. 13. 9. 100. 61. 5 3. 8. 9. 8. 12. 10. 100 . 51. 44. 7. 12. 8. 21. 8. 1 00 . 46. **** **** 11. 11. 24. 8. 1 00. 42. 32. 1 0. 11. 11. 30. 6. 100. 44. 32. 12. 10. 11. 25. 10. 100. 43. 30. 13. 7. 7. 33. 11. 100. 44. 3 3. 11. 10. 9. 30. 8. DATA ARE BASED ON UNWEIGHTED REPORTS BY REA L EST A T E BROKERS AND OTHERS IN THE USDA S U R V E Y . P R IO R TO 1968, PURCHASES FINANCED BY TWO OR MORE LEND ERS ARE INCLUDED W ITH "O THER L E N D E R S .* FOR 1968-1 97 2, ALL C R E D IT EXTENDED IN CONNECTION W ITH SUCH PURCH ASES I S TABULATED ACCORDING TO THE SOURCE OF THE PRIM ARY C R E D IT . B EG IN N IN G IN 1 9 7 3 , THE DATA IN D IC A T E THE D IS T R IB U T IO N OF FUNDS ACTUALLY EXTENDED BY EACH LENDER GROUP. 73 TABLE 651.1 PERCENTAGE DISTRIBUTION OF FARM REAL ESTATF TRANSFERS | 1 1 | 1 I 1954.......... 1 ■ YEAR ENDING MARCH 1 METHOD OF O PERATIO N BEFO RE TOTAL _ COMPLETE FARM ____ METHOD OF O PER A T IO N SA LE PA RT-TIM E PART OF FARM ANOTHER FARM _ _ TOTAL COMPLETE FARM AFTER PART OF ANOTHER __ FARM SA LE PA R T - T IM E FARM 100. 73. 22. 5. 100. 65. 29.. 6. | I 1 I 1 1 1 I9 6 0 .....,1 1 9 6 1 . . . . . ,| 1 9 6 2 ..... I 1 9 6 3 ....« , I 1 9 6 4 . . . . . .1 1 1 100. 100. 100. 100. 100 . 71. 70. 69. 66. 65. 2 4. 24. 26. 28. 29. 5. 6. 5. 6. 6. 100. 100. 100. 100. 100. 62. 60. 55. 5 3. 49. 32,. 33. 38. 39. 42. 6. 7. 7. 8. 9. 1 00 . 1 00. 100. 1 00 . 100. 65. 64. 62. 62. 6 0. 30. 31. 32. 31. 34. 5. 5. 6. 7. 6. 1 00. 100. 100. 100. 1 00 . 48. 46. 46. 43. 42. 44 • 46. 46. 48. 50. 8. 8. 8. 9. 8. 1 9 6 5 . . . . . .1 1 9 6 6 . . . . , .1 1967 ......... ,1 1968......... , I 1 969......... , I 1 1 9 7 0 ......... ,1 1971......... .1 1 9 7 2 ......... .1 19 7 3 ......... I 1974......... 1 1 1 1 9 7 5 ....,, I 1 9 7 6 . . . . , ►I 100. 100. 100. 100. 100 . 58. 5 7. 55. 50. 52. 35. 35. 3 6. 38. 38. 7. 8. 9. 12. 10. 1 00 . 100. 100. 1 00 . 100. 38. 35. 3 5. 29. 27. 53. 54. 53. 57. 60. 9. 11. 13. 14. 13. 100. 100. 100. 100. 100. 49. 46. 5 0. 52. 53. 40. 44. 41. 39. 37. 11. 10. 9. 9. 10. 100 . 100. 100. 1 00 . 100. 25. 26. 3 0. 3 1. 34. 61 . 5«?. 56. 5 7. 54. 14. 1 5. 14. 12. 12. 100. 100. 4 5. 49. 45. 42. 10. 9. 1 00 . 100 . 28. 29. 5 9. 59. 13. 12. 1955.......... 1 9 5 6 ..... 1 95 7 .......... 1 9 5 8 ..... 1 9 5 9 ..... ± PERCENTAGE DISTRIBUTION OF FARM REAL ESTATE TRANSFERS METHOD OF O PERATIO N BEFO RE 1960 1961, 1962 1963 1964, 100. 100. 100. 100. 100. 1965 1966 1967 1968 1969 100. io o . 100. 100. 100. 1970 1971 1972 1973 1974 100. 100. 100. 100. 100. 1975 1976 100. 100. | I | I I 1 1 I | | | I 1 1 I ! | | | 1 1 1 | I | | 1 1 I I 1 1 3. 2. 55. 52. **** 45. 43. 14. 1 5. **** 18. 19. 2. 3. **** 3. 3. 42. 40. 39. 37. 35. 20. 21. 20. 22. 22. 3. 3. 3. 3. 3. 32. 29. 30. 23. 22. 23. 24. 21. 23. 26. 3. 4. 4. 4. 4. 19. 21. 25. 26. 28. 25. 21. 21. 23. 22. 5. 4. 4. 3. 3. 21. 24. 21. 23. 3. 2. 1 COMPLETE 1 FARM _L i 1 1 1 | 1 j | | l1 1 | 1 1 1 t1 I | | | | 1 1 | | | | 1 1 1 1 | i 6. PART OF ANOTHER SA L E — PA R T -T IM E FARM ___EA&M ___ 15. 1. ! i I 1 1 Ji 1 1 INTENDED USE A FTER S A L E COMPLETE FARM PART OF ANOTHER PA R T-T IM E FARM __ EAREL 1. 1. 1. 2. **** 1. 1. 1. 1. **** 1. 1. 1. 1. 1. 1. 1. 1. 1. 2. 2. 2. 1. 1. 1. 2. 1. 2. 3. 3. 4. 4. 2. 1. 1. 1. 1. 4. 4. 3. 3. 4. 1. 1. 4. 3. l 5. 17. 1 7. **** 21. 22. 1. 1* **** 1. 2. 5. 5. 6. 5. 6. 23. 24. 24. 24. 26. 2. 2. 2. 2. 2. 5. 5. 4. 4. 4. 28. 27. 28. 30. 30. 2. 3. 4. 4. 4. 4. 4. 4. 4. 4. 32. 34. 32. 31. 29. 4. 6. 5. 4. 4. 5. 4. 35. 34. 5. 4. 6. 6. **** 6. 1 1 | 1 | i1 I | 1 1 1 I1 | | | | | 1 1 | | | | | 1 I | i (Jj LU 100. 100. 100. 100. 100. 58. IN TEN DED USE AFTER # 1955 1956, 1957, 1958 1959 | i I 1 I ^ 100. PA R T -T IM E FARM __ EA&M____ __L 1954, PART OF ANOTHER SA LE— FARM W 1>> W COMPLETE FARM AFTER PA R T-T IM E ^ INTENDED USE PART OF ANOTHER FARM FARM W I COMPLETE VP O' 'J1 t* S ' TOTAL 1 1 | I 1 1 SA LE— 75 LE 6! PERCENTAGE DISTRIBUTION OF FARM REAL ESTATE TRANSFERS T YPE OF BUYER YEAR END II MARC) A C T IV E FARMER | ____________________________ | NONFARMER TENANT OWNER| A C T IV E FARMER I ___________________________ | NONFARMER TENANT OWNER| A C T IV E FARMER I ___________________________ j NONFARMER TENANT OWNER| _________ QPEBAIDE— 1__________ _________ Q£fRAIQR.. J__________ _________ QE.EBAIQB. .J__________ NUMBER OF TRAN SFERS ACRES TRANSFERRED VALUE TRANSFERRED 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 35. 36. 33. 33. 33. 2 9. 29. 30. 32. 31. 33. 31. 30. 32. 33. 34. 35. 34. 36. 37. 3 2. 33. 37. 36. 34. 37. 36. 3 6. 32. 33. **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **♦ * **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** it * * * **** **** **** **** **** **** **** 1950 1951 1952 1953 1954 1955 1956 1957 1958 1959 29. 24. 25. 24. 24. 24. 22. 2 0. 2 0. 19. 37. 38. 3 8. 38. 38. 39. 38. 40. 40. 41. 34. 38. 37. 38. 3 8. 37. 4 0. 4 0. 40. 40. **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** *♦ ** **** »*** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** 1960 1961 1962 1963 1964 1965 1966 1967 1968 1969 16. 17. 17. 15. 16. 16. 13. 13. 11. 12. 47. 48. 48. 51. 48. 51. 54. 51. 48. 48. 3 7. 35. 3 5. 3 4. 36. 33. 34. 36. 41. 40. **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** 1970 1971 1972 1973 1974 1975 13. 11. **** **** **** 12. 47. 51. **** **** **** 51. 40. 38. **** **** **** 37. **** 11. **** **** **** 9. **** 58. **** **** **** 61. **** 31. **** **** **** 30. **** 1 2. **** **** **** 10. **** 58. **** **** **** 59. **** 30. **** **** **** 31. IN C LU D ES R E T IR E D FA RM ERS. AD D ITIO N AL D E T A IL I S SHOWN IN WF ARM REAL ESTATE MARKET D EV ELO PM EN T S.” TABLE 654. 1 P E R C E N T A G E D I S T R I B U T I O N OF FARM REAL ES TA TE TR AN S F E R S YEAR ENDING MARCH 1 ! I, f TYPE OF SELLER TOTAL ACTIVE RETIRED ESTATE LOCAL ABSENTEE IAEB£B____ EAKMEB____ _________ MQMEA&MEB___LANDLORD.. 100. 100 . 100. 100. 100. 5 3. 5 4. 55. 54. 5 2. 16. 16. 15. 14. 15. 15. 14. 14. 16. 16. **** **** **** 1 9 5 5 ......... i 1 95 6 ......... 1 195 7 .......... 1 1 9 5 8 ......... ,1 1 9 5 9 ......... 1 1 1 io o . 100 . 100. 1 00 . 100. 54. 52. 5 1. 47. 38. 16. 17. 18. 20. 20. 15. 16. 15. 17. 16. **** **** **** **** 12. **** **** **** 196 0 ......... ►1 1 96 1 ......... .1 1962......... . I 196 3 ......... .! 1 964......... ►1 1 1 100. io o . 100. io o . 100. 50. 49. 49. 48. 48. 13. 14. 14. 1 5. 14. 1 1. 12. 12. 1 2. 13. 13. **** 12. 13. 13. 1 3. **** 13. 13. 13. 100. 48. 15. 100. 19. 12. 18. 16. 100. 39. 16. 12. 13. 1 4. 14. 1 4. 13. 14. 100. 36. 38. 36. 100. 1 00 . 16. 15. 18. **** ♦*** **** 38. 38. **** **** **** **** **** **** **** **** **** 14. 1 5. **** **** **** 14. 13. **** **** **** 100. 39. 16. 1 9. 13. 13. 19 50 ® . . . « f 1 9 5 1 ......... ►1 1 9 5 2 ......... I 195 3 .......... 1 1 9 5 4 ......... 1 1 I 1 965......... .I 1966......... .1 1 96 7 ......... »| 1 9 6 8 ......... .I 196 9 ......... .1 1 1 197 0 ......... ►1 1971 . . . . «.1 1 97 2 ......... ,1 1973......... ,1 1 9 7 4 ......... , I 1 1 1 975......... >| 100. 16. 15. 17. 1 6. 16. 19. **** **** **** **** **** **** **** 1 4. 19. 15. J__________ THE DEFINITION OF "ACTIVE FARMER WAS CHANGED IN 1966. 77 TABLE 655.1 P E R C E N T A G E D I S T R I B U T I O N OF FARM REAL ESTATE T R A N S F E R S PRO BABLE USE OF PRO PERTY YEAR ENDING MARCH 1 I 1 | FARMING ONLY R E S ID E N T IA L OTHER FARMING ONLY NUMBER OF TRA N SFERS F IV E YEA RS AFTER PURCHASE R E S ID E N T IA L ACRES OTHER FARMING ONLY TRANSFERRED R E S ID E N T IA L OTHER VALUE TRANSFERRED 1 972.......... I 81. 14. 5. 90. 8. 2. 85. 12. 3. 1973.......... | 8 3. 12. 5. 93. 4. 3. 88. 8. 4. 1 9 7 4 ..... 1 83. 12. 5. 91. 6. 3. 87. 9. 4. 197 5 .......... 1 85. 10. 5. 93. 3. 4. 91. 6. 3. 1976.......... I 85. 11. 4. 93. 3. 4. 92. 5. 3. " R E S ID E N T IA L ” I S THE SUM OF "R U R A L R E S ID E N C E " AND " S U B D IV IS IO N " U S E S L IS T E D IN "FARM REAL ESTATE MARKET D EV E L O PM EN T S ," WHICH ALSO SHOWS FURTHER D E T A IL FOR THE "O T H E R " CATEGORY AS W ELL AS DATA ON AVERAGE ACREAGE AND PER-ACRE VALUE BY THE VARIOUS PRO BA BLE FUTURE U S E S . SEPTEMBER 1976 AGRICULTURAL FINANCE DATABOOK— ANNUAL SERIES 700 FARM B U S IN E S S SEC TuR OF THE 710 INCOME AND C A P IT A L 7 1 1 .1 720 C A P IT A L 740 FLOWS 81 FOR SOURCES OF FUNDS MAJOR SOURCES OF FUN D S.............. 82 C R E D IT MARKET IN ST R U M EN T S............................................................................................ 83 D E T A IL FOR U SES 7 4 1 .1 FLOWS SOURCES AND U S E S OF FUNDS................................. D E T A IL 7 3 1 .1 7 3 2 .1 1946-DATE SOURCES AND U S E S OF FUNDS......................................................... ................................80 7 2 1 .1 730 FLOW OF FUNDS ACCOUNTS, OF FUNDS MAJOR U S E S OF FUN D S..........................................................................................................84 SOURCE AND S T A T IS T IC S , FLOW OF FUNDS SEC TIO N * D IV IS IO N OF RESEARCH BOARD OF GOVERNORS OF THE FED ERAL R ES E R V E SY ST EM . FOR SOME OF THE FLOW-OF-FUNDS S E R I E S , T IT L E S AND/OR D E F IN IT IO N S D IF F E R FROM THOSE OF S IM IL A R USDA S E R IE S BECAUSE THE TERMINOLOGY AND CONSTRUCTS R EFL E C T THOSE USED IN NON-USDA SOURCES SUCH AS THE NATIONAL INCOME ACCOUNTS OF THE U . S . DEPARTMENT OF COMMERCE AND THE MORTGAGE LOAN S E R IE S OF THE U . S . DEPARTMENT OF HOUSING AND URBAN D EVELO PM EN T. FOR MORE IN FO RM ATIO N , S E E "T H E FARM B U S IN E S S SECTOR IN THE NATIONAL FLOW OF FUNDS A CC O UN TS," BY EMANUEL M ELI CHAR, lg Ifl_ £ B Q C E £ D IN fi^ - Q £ ,IU £ .B U S lN £ ii..A M D - £ £ Q N D M I£ - S I A I i m C jS - S E i:JIQ N t AMERICAN S T A T IS T IC A L A SSO C IA T IO N (A V A IL A B L E FROM THE AUTHOR UPON R E Q U E S T ), AND INTRODUCTION TO FLOW OF FUNDS. BOARD OF GOVERNORS OF THE FEDERAL R ES E R V E SY STEM , FEBRU A RY 1 9 7 5 . 79 80 TABLE 711.1A YEAR 1 1 1 | 1 1 1 1950. . . | 1 9 5 1 ...| 1 9 5 2 ... 1 1 9 5 3 ...| 1 9 5 4 ...| I 1 1955. . . 1 1 9 5 6 ...| 1 9 5 7 ...I 1 9 5 8 ...| 1959. . . | 1 1 1960. . . | 1 9 6 1 ... 1 1 9 6 2 ...1 1 9 6 3 .. .1 1 9 6 4 ...| I1 1 9 6 5 ... | 1966. . . | 1 9 6 7 ...I 1968. . . | 1969. . . | lj 1 9 7 0 ...| 1 9 7 1 .. . 1 1 9 7 2 .. . 1 1 9 7 3 ... 1 1 9 7 4 ...| | 1 9 7 5 .. . | __________ L U SES OF FUNDS SOURCES OF FUNDS TOTAL _____J 1 1 9 4 6 ...I 1 9 4 7 ...| 1 9 4 8 ... I 1 9 4 9 ...f 1 1 INCOME AND CAPITAL FLOWS AMOUNTS IN MILLIONS OF DOLLARS IN TER N A L CASH FLOW 1 1 C A P IT A L 1 CONSUMPTION NET 1 TOTAL INCOME ALLOWANCES 1 1 1 1 IN C R EA SE IN 1 DEBT 1 1 1 TOTAL 1 I 1 1 t | 1 1 1ADDENDUM: A C Q U IS IT IO N OF A SSE T S 1 I NET ICORPORATE IWITHDRAWAL 1 1INVESTM ENT IN C R EA SE 1 P R O F IT S 1 OF TOTAL C A P IT A L IN 1 FUNDS 1 TAXES 1 F IN A N C IA L 1 E X PE N D IT U R E S 1 1 1 A S S E I S __ 1 i_ 1 2519. 55. 1 24 94 . 2200. 4057. 18 5 7. 1 649. 2 76 5. 1 58 1. 1 184. 58. 14647. 1 6004. 6 09 4. 6 9. 3 24 5. 90. 14350. 1 -424. 3 62 7. 397. 50. 12333. 3203. 1 ii 16606. 17470. 2 05 13 . 1 5586. 1 6 1 86 . 16772. 19516. 15000. 1118. 1418. 1852. 2220. 15068. 15354. 17664. 12780. 420. 698. 997. 586. 1 6 6 06 . 17470. 2 05 13 . 15586. 175 00 . 2 06 14 . 19039. 15924. 166 23 . 16159. 188 91 . 18104. 16241. 15750. 2 511. 2 958. 3 14 3. 3261. 3377. 13648. 15933. 14961. 1 29 80 . 12373. 1341. 1723. 935. -317. 873. 17500. 206 14 . 19039. 15924. 16623. 5281. 605 2. 5 177. 3 776. 4460. 5248. 5793. 5190. 3 79 9. 4487. 33. 259. -13. -23. -27. 8 8. 88. 5 4. 52. 4 5. 12131. 14474. 13808. 120 96 . 12118. 1 64 10 . 15697. 1 6 0 6a. 1 87 62 . 17064. 14787. 14773. 14776. 1 6 9 58 . 14709. 3482. 3519. 3691 . 3 79 0. 4 01 6. 113 05 . 11254. 110 85 . 13168. 10693. 1623. 924. 1292. 1804. 2355. 1 64 10 . 15697. 16068. 18762. 17064. 4455. 3 196. 4 32 5. 5 56 2. 4007. 4347. 3 317. 4358. 5196. 4609. 108. -121 . -33. 366. -6 0 2 . 4 8. 50. 42. 55. 45. 11907. 12451. 11701. 13145. 130 12 . 16757. 177 07 . 185 20 . 19454. 177 29 . 15567. 16008. 162 16 . 16042. 14940. 4091 . 4134. 4258. 4403. 4585. 11476. 118 74 . 11958. 11639. 10355. 1190. 1 699. 2304. 3 41 2. 2789. 16757. 17707. 1 8520. 19454. 177 29 . 3 96 2. 4552. 5 42 5. 5738. 5009. 429 8 . 4467. 5 29 1. 5778. 4617. -336. 85. 134. -40. 392. 48. 62. 54. 65. 7 0. 12747. 13093. 1 3041. 13651. 1 26 50 . 2 13 6 0 . 2 2 4 17 . 20692. 19759. 22939. 17513. 18817. 17589. 179 84 . 20264. 4784. 5 058. 5 43 9. 5845. 6196. 12729. 137 59 . 12150. 12139. 14068. 3847. 3600. 3 10 3. 1775. 2 67 5. 213 60 . 2 24 17 . 206 92 . 19759. 2 2 9 39 . 6 87 2. 6178. 7 724. 6 78 2. 7 155. 6 59 2. 5 97 1. 7361. 6203. 6619. 280. 207. 363. 579. 536. 80. 74. 53. 76. 86. 14408. 16165. 12915. 12901. 15698. 2 2 2 58 . 25932. 3 2 1 39 . 5 09 70 . 44156. 203 21 . 213 15 . 257 47 . 41136. 360 84 . 6 39 0. 6 94 4. 7439. 8 41 3. 9997. 13931. 14371. 183 08 . 3 27 23 . 2 6087. 1937. 4617. 639 2. 9834. 8 07 2. 2 2 2 58 . 2 59 32 . 321 39 . 50970. 44156. 7526. 9012. 8 839. 13690. 10585. 6922. 8 32 1. 7 903. 12847. 9681. 604. 691. 936. 843. 904. 63. 92. 116. 264. 211. 1 46 69 . 16828. 2 31 84 . 37016. 33360. 46366. 3 68 80 . 11763. 25117. 9 48 6. 4 6 3 66 . 15167. 14343. 824. 1 71 . 31028. •WITHDRAWAL OF FU N D S" I S COMPUTED AS THE R E S ID U A L AMOUNT THAT EQUATES TOTAL U SE S AND SOURCES OF FUNDS. ■NET IN V EST M EN T " I S NET INCOME L E S S WITHDRAWAL OF FUND S. D E T A IL FOR MAJOR SOURCES AND U SE S OF FUNDS I S SHOWN IN T A BLES 7 3 1 . l t 7 3 2 .1 , AND 7 4 1 .1 . 1 1 I 1 1 I 1 I 1 I 1 1 ■ 1 1 1 1 1 I l 1 1 1 1 1 1 1 1 1 1 1 1 1 l1 1 .1 1429. 1371. 1099. 832. 2 10 . -650. -1247. -658. -32. -2364. -1319. -1281. -1137. -2077. -2365. -1759. -2480. -818. -838. -1716. -801 . -2549. -4992. -4557. -7484. -6082. TABLE 721.1A CAPITAL FLOWS AMOUNTS IN MILLIONS OF DOLLARS YEAR [ t 1 1 1 1 9 4 6 ...| 1 9 4 7 .. .1 1 9 4 8 .. .1 1 9 4 9 ...| j U S E S OF FUNDS SOURCES OF FUNDS 1 1. 1 TOTAL I 1 f 1 1 IN TERN A L TOTAL FUNDS C A P IT A L CONSUMPTION ____ ALLOWANCES NET INVESTM ENT I IN C R EA SE 1 IN 1 DEBT TOTAL C A P IT A L E X PE N D IT U R E S IN C R E A SE IN F IN A N C IA L A SSE T S 4057. 2765. 6094. 3203. 3637. 2 06 7. 5097. 2 61 7. 1 11 8. 1418. 1852. 2220. 2519. 649. 3245. 397. 420. 698. 997. 586. 4057. 2765. 6094. 3 20 3. 2 20 0. 1 581. 6004. 3627. 1 85 7. 1 184. 9 0. -424. 1 9 5 0 ...1 1 9 5 1 .. . | 1 9 5 2 .* . | 1 9 5 3 ...f 1 9 5 4 ...f j 1955. . . f 1 9 5 6 ...| 1 9 5 7 ...| 1 9 5 8 ...| 1 9 5 9 ...| j I9 6 0 ...| 1 9 6 1 ... | 1 9 6 2 ...1 1 9 6 3 ...| 1 9 6 4 ...| j 5 28 1. 6052. 5 17 7. 3 77 6. 4460. 3940. 4329. 4242. 4 09 3. 3 58 7. 2511. 2958. 3143. 3261. 3377. 1429. 1 37 1. 1 09 9. 832. 210. 1 341. 1723. 935. -317. 8 73 . 5281. 6052. 5 17 7. 3776. 4460. 5 24 8. 5 79 3. 5 19 0. 3799. 448 7 . 33. 259. -13. -23. -27. 4 45 5. 3196. 4325. 5562. 4007. 2832. 2 27 2. 3033. 3758. 1652. 3482. 3519. 3691. 3 79 0. 4016. -650. -1247. -658. -32. -2364. 1 62 3. 924. 1292. 1 80 4. 2355. 4455. 3196. 4325. 5 56 2. 4007. 4347. 3317. 4358. 5196. 4 60 9. 108 . -121. -33. 366. -602. 3 96 2. 4552. 5425. 5 73 8. 5 00 9. 2772. 2 85 3. 3 12 1. 2 32 6. 2 22 0. 4091. 4134. 4258. 4403. 4585. -1319. -1281. -1137. -2077. -2365. 1 19 0. 1699. 2304. 3412. 2 78 9. 3 96 2. 4552. 5 42 5. 5738. 5 00 9. 4298. 4467. 5 291. 5 77 8. 4 617. -336. 85. 1 34 . -40. 392. 1 9 6 5 ...| 1 9 6 6 ..• | 1 9 6 7 ...1 1 9 6 8 .. . | 1 9 6 9 ...1 6872. 6178. 7 724. 6782. 7155. 3025. 2 57 8. 4 62 1. 5 00 7. 4480. 4784. 5058. 5439. 5845. 6196. -1759. -2480. -818. -838. -1716. 3847. 3600. 3103. 1 77 5. 2675. 6872. 6178. 7724. 6782. 7155. 6592. 5 971. 7361. 6 20 3. 6619. 280. 207. 363. 579. 536. 1 9 7 0 ...| 1 9 7 1 .. .1 1 9 7 2 ...1 1 9 7 3 ...f 1 9 7 4 ...| j 7 52 6. 9012. 8839. 13690. 1 05 85 . 5589. 4395. 2 44 7. 3 85 6. 2 51 3. 6390. 6944. 7439. 8413. 9997. -801. -2 5 4 9 . -4992. -4557. -7484. 1 93 7. 4617. 6392. 9834. 8072. 7526. 9012. 8839. 13690. 10585. 6922. 8 32 1. 7903. 12847. 9681. 604. 691. 936. 843. 904. 1 9 7 5 ...I 1 51 67 . 5 68 1. 117 63 . -6082. 9486. 15167. 1 4343. 824. i _______ L. "N ET IN V E S T M E N T " I S COMPUTED AS THE R E S ID U A L AMOUNT THAT EQUATES TOTAL SOURCES AND U S E S OF FUNDS. D E T A IL FOR MAJOR SOURCES AND U SE S OF FUNDS I S SHOWN IN T A B LE S 7 3 1 . l t 7 3 2 .1 , AND 7 4 1 .1 . 81 82 TABLE 7 3 1 . 1A MAJOR SOURCES OF FUNDS AMOUNTS IN MILLIONS OF DOLLARS (CAPITAL. CONSUMPTION ALLOWANCES 1 YEAR 1 NONCORPORATE CORPORATE 1 TOTAL 1 1 1 9 4 6 ...| 1118. 22. 1 096. 25. 1 9 4 7 ...1 1 418. 1393. 1 9 4 8 ...1 1852. 31. 1 82 1. 3 7. 2 22 0. 1 9 4 9 ...| 2 183. i1 2511 . 1 9 5 0 ... | 246 8. 43. 2909. 1951. . . | 2958. 49. 3143. 56. 308 7. 1 9 5 2 .. . 1 6 9. 3261 . 3 19 2. 1953. . . 1 3 37 7. 1954. . . | 8 1. 3 29 6. i 1 9 5 5 .. . 1 1 9 5 6 ...1 1 9 5 7 .. . | 1 9 5 8 .. . 1 1 9 5 9 ... | II 1 9 6 0 .. . | 1 9 6 1 .. . 1 1 9 6 2 ...1 1963. . . ( 1 9 6 4 ...| t1 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 1970. . . | 1 9 7 1 ... | 1 9 7 2 ...1 1 9 7 3 .. . 1 1 9 7 4 ...| 1 1 1 9 7 5 .. . 1 _ __ 1 NET INCOME TOTAL CORPORATE P R O F IT S NET NONCORPORATE TOTAL INVESTM ENT R ET A IN ED CORPORATE P R O F IT S IN C R E A SE NON CORPORATE TOTAL TRADE C RED IT IN DEBT C R E D IT MARKET IN ST RU M EN T S. 15068. 1 53 54 . 17664. 1 27 80 . 1 40. 152. 159. 121. 14928. 15202. 17505. 12659. 2 51 9. 649 . 3245. 3 97. 67. 51. 43. 26. 2452. 598. 3 20 2. 371. 420. 698. 997. 5 86. 57. 230 . 339. 194. 363. 468. 658 . 392. 1 36 48 . 1 59 33 . 14961. 129 80 . 12373. 175. 149. 65. 40. 73. 13473. 15784. 14896. 12940. 12300. 1429. 13 7 1 . 1099. 032. 210. 3 7. 1. -29. -45. -3. 1392. 1370. 1128. 877. 213. 1341. 1723. 935. -317. 8 73 . 283. 436. 145. -217. 101. 1058. 1 28 7. 790. -100. 772. 3482. 3519. 3691 . 3790 . 4016 . 91 . 1 04 . 115 . 130 . 145. 3391. 3415. 3 57 6. 3 66 0. 3 87 1. 1 1305. 11254. 11085. 131 68 . 10693. 46. 49. 42. 66. 32. 11259. 11205. 11043. 13102. 10661. -650. -1247. -658. -32. -2 3 6 4 . -32. -29. -33. -25. -26. -618. -1218. -625. -7. -2338. 1623. 9 24 . 1292. 1804. 2 35 5. 181. 66. 235. 440. 423. 1 442. 858. 1 05 7. 1364. 1932. 4091 . 4134. 4258. 4403. 4585. 154. 166. 179 . 1 94 . 210. 3 93 7. 3968. 4079. 4209. 4375. 11476. 1 18 74 . 1 1958. 1 1 6 39 . 10355. 56. 66. 86. 38. 76. 11420. 11808. 11872. 11601. 10279. -1319. -1281. -1137. -2 0 7 7 . -2 3 6 5 . -34. -35. -18. -148. -39. -1285. -1246. -1119. -1929. -2326. 1190. 1699. 2 30 4. 3 412. 2789. 159. 106 . 6. 862. 186 . 1031. 1 59 3. 2298. 2550. 2603. 4784. 5058. 5 439. 5845. 6196. 229. 249. 274. 302. 331. 4555. 4809. 5 16 5. 5543. 5 86 5. 1 27 29 . 13759. 12150. 1 2139. 14068. 161. 163. 7 0. 136. 124. 12568. 13596. 12080. 12003. 13944. -1 7 5 9 . -2 4 8 0 . -818. -838. -1716. 14. 3 4. -29. 8. -13. -1773. -2514. -789. -8 4 6 . -1703. 3 84 7. 3600. 3103. 1775. 2 67 5. 545. 407. -208. -975. -377. 3 30 2. 3193. 3311. 2 75 0. 3052. 6390. 6 94 4. 7 43 9. 8 413. 9 99 7. 368. 391. 410. 589. 7 50 . 6 02 2. 6553. 7029. 7824. 9247. 1 3931. 14371. 1 83 08 . 3 2 7 23 . 2 60 87 . -1. 82. 305. 720. 262. 13932. 14289. 18003. 32003. 25825. -801. -2549. -4992. -4 5 5 7 . -7484. -93. -64. 114 . 360. -81. -708. -2485. -5106. -4917. -7403. 1937. 4 61 7. 6 39 2. 9834. 8 072. -368. 149. 564. 118. 187. 2 30 5. 4468 . 5 82 8. 9716. 7 88 5. 11763. 941. 10822. 25117. 2 53 . 24864. -6082. -57. -6025. 9486. 140. 9346. • C A PITA L CONSUMPTION ALLO W ANCES*" "N ET IN C O M E *" AND "IN C R E A S E IN D EBT " APPEAR AS SOURCES OF FUNDS IN "INCOME AND C A P IT A L (T A B L E 7 1 1 . 1 ) . "C A P IT A L CONSUMPTION ALLOWANCES * " "N ET IN V E S T M E N T ," AND "IN C R E A S E IN DEBT " APPEAR AS SOURCES OF FUNDS IN D E T A IL FOR "C R E D IT MARKET IN STRUM ENTS'* I S SHOWN IN T A B LE 7 3 2 .1 . ■CAPITAL FLOW S" (T A B L E 7 2 1 . 1 ) . FLO W S" TABLE 7 32.1A C R E D IT MARKET INSTRUM ENTS AMOUNTS IN M IL L IO N S OF DOLLARS YEAR | TOTAL 1 1 1 I 1 1 1 1 1 1 9 4 6 .• • | 363 . 1 1 9 4 7 ...1 468 . f 1 9 4 8 ...| 658. I 1 9 4 9 ...| 3 92. 1 j i NONMORTGAGE LOANS I MORTGAGES ____________________________________ I ___________________________________________________________ _______________________________________ ___ FED ERA L I STATE AND MUTUAL MORTGAGE FED ERA L U .S . COMMERCIAL L IF E IN T E R U .S . IN SURAN CE GOVERN LAND POOLS LOCAL GOVERN I TOTAL SA V IN G S BANKS M EDIATE BANKS TOTAL MENT MENT GOVERN COMPANIES BANKS BANKS C R E D IT MENTS. BANKS HOUSEHOLDS 2 26 . 301. 434. 101. 255. 3 01 . 353. 103. 44. 108. 1 21 . 1 3. -73. -108. -40. -15. 1 1 I 1 137. 167. 224. 291. 180. 120. 50. 35. 2. 2. 6. 3. 1 9. 100. 95. 1 48 . -76. -72. -15. 33. 0. 0. 4. 3. -110. -50. -41. -13. -1. 0. 4. 6. 123. 67. 121. 76. 59. 36. 54. 24. 77. 7. 3. 6. 0. 3. 1 89. 200. 178 . 181. 162. 47. 58. 8 1. 89. 101. 25. 11. 10. 7. 18. 7. -1. 39. 22. 26. 7. 9. 28. 23. 27. 151 . 264 . 189. 155. 95. 1 9 5 0 ...| 1 9 5 1 ...| 1 9 5 2 ...| 1 9 5 3 ...| 1 9 5 4 ...| 1 1 1 9 5 5 ...f 1 9 5 6 ... | 1 9 5 7 .. . | 1 9 5 8 ... | 1 9 5 9 ... | i 1 1 9 6 0 .. . | 1 9 6 1 ... | 1 9 6 2 ... 1 1 9 6 3 ... 1 1 9 6 4 ...| I 1 1058.1 1 2 8 7 .! 790. | - 1 00 .1 7 72 . 1 1 1 1442.1 858. f 1057.1 1 3 6 4 .| 1932.1 I1 1031.1 1593.1 2298.1 2 5 5 0 .| 2 6 0 3 .| 1 1 566. 707. 205. -601. 263. 475. 596. 173. -581. 150 . 75. 156. 18. -252. 50. 16. -45. 14. 232. 63. 1 I | I 492. 580. 585 . 501. 509. 666. 45. 495. 652. 940. 572 . -59. 384. 413. 694. 28. 54. 1 85 . 224. 234. 66. 5 0. -74. 15. 12. I I 1 1 1 776. 813. 562. 7 12. 992. 138. 3 9. 31. 104. 117. 2. 1. -2. -4. 2. 2 25 . 208. 103. 83. 1 60 . 216. 244. 176. 170. 273. 38. 33. 24. 17. 14. -98. 16. 53. 48. 61. 2<*. 1 1. 10. 1 7. 18. 2 31 . 261. 167. 277. 357. 294. 5 14 . 1022. 921. 483. 196. 243. 782. 601. 271. 111. 1 49 . 190. 259. 1 48 . -13. 122. 50. 61. 64 • 1 1 1 1 » 737. 1 07 9. 1276. 1629. 2120. 6 0. 99. 275. 305. 311. -1. -3. 0. 1. 1. 155. 188. 230. 392. 5 12 . 2 04 . 264. 224. 257. 409. -2. 84. 119 . 104. 72. 48. 1 42 . -13. 38. 41. 24. 38. 51 . -4. 19. 2 49 . 267. 390. 536 . 755. 1 9 6 5 ... 1 1 9 6 6 ...f 1 9 6 7 ... | 1 9 6 8 ... | 1 9 6 9 ... | I 1 1 9 7 0 ... | 1 9 7 1 ... 1 1 9 7 2 ... ! 1 9 7 3 ... 1 1 9 7 4 .. .1 j 3 30 2.1 3193.1 3 3 1 1 .| 2 7 5 0 .| 3 0 5 2 .I i 1 2305.1 4 46 8.1 5828.1 9 7 1 6 .| 7885.1 1 1 934 6.1 1057. 1328. 1 34 6. 5 90 . 1234. 708. 933. 700 . 400. 628. 269. 407. 488. 243. 621. 80. -12. 1 58 . -53. —15 . 1 I | 1 1 2245. 1865. 1 96 5. 2160. 1818. 273 . 2 02. 208. 217. 293. -1. 1. 64. 0 -3. 519. 417. 329. 234. -30. 563. 677. 651. 517. 588. 130. 1 39 . 1 76. 105. 225. 82. 26. 6. 1 05 . 1. 25. 36. 11. 38. 85. 6 54 . 367. 520. 944. 659. 1474. 2087. 2 27 7. 4 22 1. 2 81 8. 827. 1 345. 1814. 3013. 910. 699. 695. 427. 1102. 1650. -52. 47. 36. 106 . 258. 1 I 1 1 I 831. 2381. 3551. 549 5. 506 7. 0 374. 576 . 6 61. 6 21. . 4. -68. 12. 2. -2. -124. -48. 77. 318 . 331. 473. 730. 1 17 7. 1854. 2509. 311. 439. 338. 220. 238. -151. -260. -122. -15. -26. 1 9. 2 4. 82. 142 . -32. 299. 1 190. 1 41 1. 2313. 1428. 4 16 0. 1 921. 1147. 1 09 2. 1 5186. 313 . -3. 433. 2 55 7. -56. 1 46 . 48. 1 74 8. 1 9 7 5 ... 1 • C R ED IT MARKET IN ST R U M EN T S" IS [ A COMPONENT OF "IN C R E A S E IN D E B T " IN . PR EC ED IN G T A B LE S OF T H IS SE C T IO N . 83 84 TABLE 741.1A MAJOR U SES OF FUNDS AMOUNTS IN M IL L IO N S OF DOLLARS YEAR 1 1 1 I 1 C A P IT A L TOTAL R E S ID E N T IA L CONSTRUCTION EX PE N D IT U R E S PLANT AND EQUIPMENT CHANGE IN IN V E N T O R IE S I 1 | | | IN C R E A SE IN F IN A N C IA L A SSE T S WITHDRAWAL OF FUNDS 1 \ TOTAL DEMAND D E P O S IT S AND EQ U IT Y IN FARM C R E D IT N O N LIFE INSURANCE R E C E IV A B L E S 1 1 ! TOTAL CORPORATE D IV ID E N D S NONCORPORATE -O L B & E M C S ,__ S Y S T E M . 2200. 1581. 6004. 3 62 7. 519. 6 97 . 873. 837. 1 65 2. 2644. 3399. 3656. 29. -1760. 1 732. -866. 1 1 I | 1857. 1 184. 9 0. -424. 1800. 1100. 0. -500. -40. -24. -1. 2. 97. 108. 91. 74. 5248. 5 79 3. 5 190. 3799. 4487. 785. 8 16. 767. 765. 711. 3674. 3738. 3436. 3655. 3190. 789. 1239. 9 87 . -621. 586. 1 1 1 1 1 33. 259. -13. -23. -27. 0. 200 . -1 00 . -1 0 0 . -100. 2. 3. 4. 6. 5. 31. 56. 83. 71. 68. 1 9 5 5 ... | 1 9 5 6 ...| 1 9 5 7 ...| 1958. . . | 1 9 5 9 ...r 1 I 4347 . 3317. 4358. 5 19 6. 4609. 634. 700. 681 . 650 . 674. 3246. 2997. 3143. 3698. 4021 . 467. -380. 534. 848. -86. 1 1 1 1 ! 108. -121. -33. 366. -602. 0. -200. -100. 300 . -700. 11. 1 3. 11. 1 0. 16. 97. 66. 5 6. 5 6. 82. 1 9 6 0 ...| 1961. . . | 1 9 6 2 ... 1 1 9 6 3 ... | 1964. . . | i 1 1 9 6 5 ...| 1 9 6 6 ... | 1 9 6 7 ...| 1 9 6 8 ...| 1 9 6 9 ...| i 1 1 9 7 0 ...! 1 9 7 1 .. . | 1 9 7 2 ...| 1 9 7 3 ...I 1 9 7 4 ...| 4298. 4467. 5 29 1. 5778. 4 61 7. 584. 703. 645. 655 . 672. 3426. 3490. 3907. 4332. 4535. 288. 2 74 . 739. 791. -590. 1 I 1 I 1 -336. 85. 134 . -40. 392. 13. 1 6. 14. 15. 2 3. 51. 69. 20. 145. 169. 6592. 5 97 1. 7361. 6203. 6619. 608. 673. 697. 6 28 . 745. 4963. 5458. 5929. 5471. 5737. 1 02 1. -160. 735. 104 . 137. 1 1 ! 1 1 280. 207. 363. 579. 5 36 . 100. 200 . 100 . 40. 46. 49. 102. 5 5. 140. 1 61 . 214. 277. 381. 6922. 8321. 7903. 12847. 9681. 5 65. 6 52 . 664. 6 01 . 1013. 6248. 6388. 6629. 8 99 8. 101 84 . 109 . 1 28 1. 6 10 . 3248. -1516. 1 1 1 1 I 604. 691. 936. 843. 904. 115. 123. 2 62 . 200. 150. 5 1. 70. 90. 160. 206. 438. 498. 584. 483. 548. 1 9 7 5 ...f 14343. __________ L_ 8 43. 10490. 3010. I 824. 150. 2 36 . 438. 1946. . . | 1 9 4 7 ...1 1 94 8. . . | 1 9 4 9 ...1 l1 1 9 5 0 ...| 1951. . . | 1 9 5 2 ... 1 1 9 5 3 ...| 1 9 5 4 ... | j i 1 -400. 0. 100. -2 0 0 . 200. 100. 0. 1 1 1 1 1 1 ! | 1 1 I 1 1 1 1 1 1 1 j 1 I 1 1 1 1 1 1 I 1 ! 1 l1 1 1 1 1 I i 12494. 14647. 14350. 12333. 18. 43. 47. 45. 12476. 14604. 14303. 12288. 12131. 14474. 13808. 12096. 1 2118. 50. 60. 40. 33. 31. 12081. 14414. 13768. 12063. 12087. 11907. 12451. 11701. 13145. 13012. 30. 2 8. 33. 3 6. 13. 11877. 12423. 11668. 13109. 12999. 12747. 13093. 13041. 13651. 12650. 42. 39. 50. 121. 45. 12705. 13054. 12991. 13530. 12605. 14408. 16165. 12915. 12901. 1 5698. 67. 55. 46. 5 2. 5 1. 14341. 16110. 12869. 12849. 15647. 14669. 16828. 23184. 3 70 16 . 333 60 . 29. 5 4. 75. 96. 132. 14640. 16774. 23109. 36920. 33228. 139. 30889. 1 31028. J _______________ • C A PIT A L E X P E N D IT U R E S ," "IN C R E A S E IN FIN A N C IA L A SSE T S , " AND "WITHDRAWAL OF FU N D S" APPEAR AS U S E S OF FUNDS IN "INCOM E C A P IT A L FLO W S" (T A B L E 7 1 1 . 1 ) . "C A P IT A L E X P E N D IT U R E S " AND "IN C R E A S E IN F IN A N C IA L A S S E T S " APPEAR AS U SE S OF FUNDS IN ■ C APITAL FLOW S" (T A B L E 7 2 1 . 1 ) . AND AGRICULTURAL FINANCE DATABOOK— ANNUAL SERIES 800 C A P IT A L E X P E N D IT U R E S , 810 C A P IT A L 810*1 810*2 8 1 0 .3 8 1 0 .4 820 IN V E S T M E N T , 1910-DATE E X P E N D IT U R E S AMOUNTS...................................................................................................................................86 CHANGE FROM P R E V IO U S Y E A R ......................................................................................... 88 PERCENTAGE CHANGE FROM P R E V IO U S Y E A R .................................................................. 90 PERCENTAGE D IS T R IB U T IO N .......................................................................................92 C A P IT A L CONSUMPTION ALLOWANCES 820*1 820*2 8 2 0 .3 8 2 0 .4 830 CONSUM PTION, AND NET SEPTEMBER 1976 AMOUNTS. * * * * * ........................* ...................... * ..................................................................94 CHANGE FROM P R E V IO U S Y E A R ................................................. * .............................•*••96 PERCENTAGE CHANGE FROM P R E V IO U S Y E A R .................................................................. 98 PERCENTAGE D IS T R IB U T IO N ..................................................................................... 100 C A P IT A L NET IN VESTM ENT 830*1 SO URCE: AMOUNTS.................................................................................................................................102 FARM, INCOME S T A T IS T I C S * SECTOR PERFORMANCE M EA SU R ES, NATIONAL ECONOMIC A N A L Y S IS D I V IS I O N , ECONOMIC RESEARCH S E R V IC E , U . S . DEPARTMENT OF A G R IC U L T U R E . 85 TABLE 810.1 CAPITAL EXPENDITURES AMOUNTS IN MILLIONS OF DOLLARS 1 | YEAR 1910.......... 1911.......... 1912.......... 1 9 1 3 ..... 1914.......... 1 91 5 ......... 1 916......... 1917.......... 1918.......... 1 919.......... 1 92 0 ......... 1 921.......... 1922.......... 1923.......... 1 92 4 .......... \ t I 1 1 1 1 1 1 1 1 1 1 I 1 I i 1 1 f 1 1 i TOTAL 5 31. 530. 560 . 5 52. 580. 610. 7 20. 9 15 . 957. 1 27 7. 1399. 548 . 632. 802. 729. 1 925 ......... 1 9 2 6 ..... 192 7 .......... 1 928.......... 1929.......... 1 1 1 1 1 | 843. 865. 884. 916 . 9 66 . 1930.......... 1931.......... 1932.......... 1 9 3 3 ..... 1 93 4 .......... 1 1 1 I 1 | 717 . 408. 194. 197. 3 87 . 1935.......... 1 9 3 6 ..... 1937.......... 193 8 .......... 1 9 3 9 ..... I 1 1 1 1 | 583 . 786 . 947. 7 31 . 8 31. 194 0 .......... 1941.......... 194 2 .......... 1943.......... 1944.......... 1 1 1 f 929. 1 26 3. 1 296. 1 03 4. 1661. 1 B U IL D IN G S | I TOTAL 1 f ! 2 36 . I 2 25 . | 244. | 2 44 . 1 | 244. i 1 | 229. 324. | | 449. | 478. | 653. | | 566. | 2 23 . 269 . 1 | 317 . | 2 98 . i 109. 1 54 . 1 99. 2 03 . 273. 120. 170 . 250. 2 75 . 380. 266. 98. 1 19 . 1 42 . 1 33. 300. 125. 150. 1 75 . 1 65 . MACHINERY TOTAL 1 1 L MOTOR V E H IC L E S T0TA1— TRACTORS TRUCKS. AUTOS 1 1 1 OTHER 2 95 . 305. 316. 3 08 . 336. 36.. 48.. 62.. 56. 87,. 5. 8. 1 5. 1 1. 23. 3. 3. 6. 5. 9. 28. 3 7. 4 1. 40. 55. 259. 257. 254. 252. 249. | | | | f f1 ! | 1 1 I ■ 381. 396. 466. 4 79 . 6 24 . 141. 165.. 245., 267. 421.. 32. 36. 61. 147. 203. 15. 18. 2 2. 19. 31. 9 4. 111. 162. 101. 187. 240. 231. 221. 212. 203. 833. 325. 363. 485. 4 31 . 375. 162. 213.. 275. 262.- 171. 66. 64. 79. 74. 67. 47. 47. 43. 68. 137. 4 9. 102. 153. 120. 458. 163. 150. 210. 169. 1 | I | | ii 1 1 | | 1 1 532. 568. 529 . 585. 659. 309., 315. 282.. 322. 3 80., 91. 1 04 . 1 19 . 101. 142. 73. 82. 78. 88. 86. 145. 129. 8 5. 133. 152. 223. 253. 2 47 . 2 63 . 279. 524. 3 11. 157. 140. 317. 2 88., 208., 118.. 103. 241., 1 15 . 53. 22. 22. 59. 5 4. 3 9. 25. 38. 5 0. 119. 116. 71. 4 3. 132. 236. 1 03 . 3 9. 37. 76. i | | | | | 311 . 297. 355 . 331. 307 . 1 41. 137. 1 60. 156. 1 47 . 1 70 . 160 . 195. 1 75 . 160 . \ 193. 97. 37. 5 7. 70. 107. 5 9. 24. 29. 32. 86. 38. 13. 28. 38. I 1 1 | 1 | 135. 169. 237. 218 . 270 . 56. 66. 96. 8 3. 110. 79. 103. 1 41 . 135. 160. | | 1 | | i 448 . 617. 710. 513. 561. 287. 401., 429., 2 76. 346. 117. 167. 223. 152. 151 . 73. 92. 92. 54. 73. 9 7. 142. 114. 7 0. 122. 161. 216. 281. 237. 215. | | | | } 304. 330. 343. 378. 458 . 1 39 . 147 . 126. 109. 111. 1 65. 183. 217. 269. 347. | 1 | | | 625. 933. 953. 6 56 . 1203. 384. 575. 410. 301. 498. 197. 2 95 . 285. 1 55 . 340. 81. 116. 1 03. 121. 126. 106. 164. 22. 2 5. 32. 241. 358. 5 43 . 355. 705. | | | | j 1 J__________ L AND LAND IMPROVEMENTS 1 1 O PER A T O R S1 1 D W ELLIN GS OTHER 1 _J 1 1 25 . | 111. 1 20 . | 1 05 . 114. 130. | 130. | 114 . 114. 130. 1 i _________ L TABLE 810.1 CAPITAL EXPENDITURES AMOUNTS IN MILLIONS OF DOLLARS B U IL D IN G S YEAR I 1 t 1 1 9 4 5 ......... l 1 9 4 6 .... 1 1 94 7 ......... » 1 9 4 8 .... 1 1949......... ►1 f1 TOTAL 1950 . . . . < I 1951 ......... ►1 1 9 5 2 ..... 1 1 9 5 3 ..... 1 1 954......... 1 i 4674. 4920. 4580. 4728. 4164. 1 955......... .1 1956......... >1 1 9 5 7 . . . . . .1 1 9 5 8 ......! 1 9 5 9 ....,. 1 l1 I 9 6 0 . . . . , .1 1 9 6 1 . . . . , .1 1 9 6 2 . . . . , .1 1 9 6 3 ......! 1 9 6 4 ....,. 1 | 4145. 3798. 3923. 4505. 5 06 8. 1685. 2195. 3428. 4484. 4724. 4488. 4614. 5022. 5 41 1. 5 68 8. I I 1 1 1 | | | | i 1 TOTAL OPERATORS* D W ELLIN G S OTHER 487. 1161. 1434. 1640. 1570. 125. 409. 5 54 . 702. 683. 362. 752. 880. 938. 887. | I I I 1 I 1522. 1 59 9. 1 61 4. 1527. 1425. 642. 665. 665. 619. 572. 880. 934. 949. 908. 853. | f 1 I I iI I f 1 | 1 i 1385. 1392. 1411. 1355. 1 654. 532. 529. 537. 514. 5 39 . 853. 863. 874. 841. 1 11 5. 1 68 6. 1 748. 1832. 1 88 6. 1918. 485. 592. 5 49 . 565. 587. 1201. 1 15 6. 1283. 1321. 1 33 1. 1 9 6 5 . . . . , .1 1 9 6 6 . . . . , .1 1 9 6 7 ....,. I 1 9 6 8 . . . . •1 1 9 6 9 ....,. 1 i 6105. 6688. 7 44 6. 6696. 6865. | 1 f I t | 1 92 6. 2077. 2314. 2 14 6. 2 34 0. 539. 593. 612. 548. 651. 1387. 1 48 4. 1 702. 1598. 1689. 1 9 7 0 . . . . .1 1 9 7 1 .... . f 1 9 7 2 .... .! 1 9 7 3 .... . 1 1 9 7 4 ....,. I i 7285. 7357. 8045. 1 07 09 . 1 24 60 . | f | f I i 2 36 7. 2484. 2350. 3 06 2. 4123. 492. 568. 565. 537 . 874. 1875. 1 916. 1785. 2 525. 3 24 9. 1 9 7 5 . . . . .1 1 26 64 . I 3803. 723. 3080. MACHINERY AND LAND IM PROVEM ENTS 1 1 I 1 1 1 1 1 1 i 1 TOTAL ____ 1 | J MOTOR V E H IC L E S _ T O IA L TRACTORS TRUCKS AUTOS 1 1 1 OTHER 1 19 8. 1034. 1994. 2844. 3 15 4. 445. 5 61 . 1106. 1503. 1 790. 276. 241. 449. 661. 766. 94. 216. 463. 535. 540. 7 5. 104. 194. 307. 484. 753. 473. 888. 1 341. 1364. I 1 1 1 1 1 1 1 1 1 1 1 I1 ! I 1 f I ii 3 15 2. 3321. 2 96 6. 3 20 1. 2 739. 1734. 1772. 1420. 1803. 1449. 769. 807. 755. 722. 570. 502 . 4 50 . 349 . 3 78 . 377. 4 63 . 515. 3 16 . 7 03 . 502. 1418. 1 54 9. 1 54 6. 1398. 129 0. 2760. 2 40 6. 2512. 3150. 3414. 1482. 1 245. 1377. 1606. 1686. 689. 52 5 . 522 . 677. 797. 309 . 3 25 . 371. 381. 425. 484. 395. 4 84 . 548 . 464. 127 8. 1 16 1. 1 13 5. 1 54 4. 1728. 2802. 2 86 6. 3 19 0. 3 52 5. 3 77 0. 1344. 1413. 1 65 0. 1 74 6. 1 86 8. 494. 579. 687. 786. 849. 430. 472. 514. 543. 586 . 420. 362. 4 49 . 417 . 433. 1 45 8. 1453. 1540. 1 77 9. 1 90 2. 1 I 1 1 1 ii 1 1 I 1 I i » 4 17 9. 4611. 5 132. 4550. 4525. 1 94 0. 2113. 2129. 2060. 2003. 986. 1 20 9. 1168. 1168. 1073. 529. 511. 576. 535. 5 67 . 425. 393 . 385. 357. 363. 2 23 9. 2498. 3003. 2 49 0. 2522. 4918. 4873. 5 69 5. 7647. 8337. 2 03 0. 2 13 7. 246 4. 3 066. 3377. 1123. 1188. 1 418. 1923. 2236. 597 . 630. 672. 733. 836 . 310. 319. 374. 410. 305. 2888. 2736. 3231. 4581. 4960. I 8861. 3656. 2413. 916. 3 27 . 5205. 87 TABLE 810.2 CAPITAL EXPENDITURES CHANGE FROM PREVIOUS YEAR IN MILLIONS OF DOLLARS YEAR 1 1 1 ! I 1 TOTAL 1911..........| 191 2 ..........1 191 3 ..........1 1914..........I l1 -1. 30. -8. 28. 1915..........I 1916..........I 1917..........J 1918..........1 1 9 1 9 .....1 I1 1920..........1 1 9 2 1 .....1 1 922..........1 1923..........f 1924..........1 30. 110. 195. 42. 3 20. i 1925..........1 1 926..........1 1 927..........I 1928..........I 1929.......... \ i 193 0 ..........| 1 93 1 ..........1 1932..........1 1 9 3 3 .....1 1934..........1 I1 1935..........1 1 936..........1 193 7 .......... | 1 9 3 8 .....1 1 939..........| | 1 940..........| 1941..........| 1942..........! 1 9 4 3 .....| 1944..........1 122. “ 851. 84. 170. -73. 114. 22. 19. 32. 5 0. “ 249 . “ 3 09 . -214. 3. 190. 196. 203. 161. “ 216 . 100. 98. 334 . 33. “ 262. 6 27. 1 B U IL D IN G S L 1 TOTAL f 1 1 I “ 11. | 19. | 0. J 0. 1 1 | “ 15. 1 95. I 125. 29. I ! 175. 1 I 1 -87. | -343. I 46 • 1 48. 1 -19. l | 1 3. 1 -14. ! 58. -24. 1 -24. | | | “ 114. | -96. | -60. 20. 1 1 1 3. lI 1 65. 34. 1 1 68. | -19. | 52. i i 3 4. | f 26. f 13. I 3 5. I 80. 1 AND LAND IM PROVEM ENTS! ! OPERATORS* ! D W ELLIN G S OTHER ( 1 I -5. ! -6. 9. 10. 1 0. o. ! 0. o. i i -5. -10. 1 45. 50. ! 45. 80. ! 4. 25. ! 70. 1 05. I 1 1 -7. -80. | -175. I -168. 25. 1 21. 25. 1 23. -10. | -9. 1 1 5. 1 8. -4. -10. 1 23. 35. | -4. -20. I -9. -15. | I -74. | -40. -48. -48. 1 -35. -25. | 5. 15. | 10. 1 3. 1 MACHINERY TOTAL » | 1 MOTOR V E H IC L E S TOTAL TRACTORS TRUCKS ! _ 1 _ A U IQ S _ . 1 10. 11. -8. 28. 12. 14. -6. 31. 3. 7. -4. 12. 0. 3. - I. 4. 9. 4. - I. 15. -2. -3. -2. -3. 45. 15. 70. 13. 145. 54. 24. 80. 22. 154. 9. 4. 25. 86. 56. 6. 3. 4. -3. 12. 39. 17. 51. -61. 86. -9. -9. -10. -9. -9. 209. -508. 38. 122. -54. -46. -2 1 3 . 51 . 62. -13. -32. -105. -2. 1 5. -5. 36. -20. 0. -4. 25. -5 0 . -88. 53. 51. -33. 2 55 . -295. -13. 60. -41. 101. 3 6. -39. 56. 74. 47. 6. -33. 40. 58. 17. 13. 15. -18. 41. 5. 9. -4. 10. -2. 2 5. -16. -44. 48. 19. 5 4. 3 0. -6. 16. 16. -135. -213. -15^. -1 7 . 177. -92. -80. -90. -15. 138. -27. “ 62. -31. 0. 37. -32. -15. -14. 13. 12. -33. -3. -45. -28. 89. -43. -133. -64. -2. 39. 2 3. 19. 8 5. 55. 65. -44. -22. 26. 117. 1 85. -188. 3 50 . 24. 10. 30. -13. 27. 41. 24. 38. -6. 25. I | 1 | | 1 131. 169. 9 3. -197. 4 8. 46 . 114. 28. -153. 70. 58. 50. 56. -71. “ 1. -38. 19. -35. 4 5. -28. -44. 52. 29. 8. ~21. -17. 2. 5. 18. 34. 52. 78. | 1 | ! | 6 4. 308. 2 0. -297. 547. 38. 191. -1 6 5 . -109. 197. 46. 98. -10. -130. 185. 8. 35. -13. 18. 5. -16. 58. -142. 3. 7. ___L OTHER 0. TABLE 810.2 YEAR 1945.......... 1946.......... 1947.......... 1948.......... 1 949.......... 1 950.......... 1951 .......... 1 95 2 .......... 1953.......... 195 4 .......... 1955.......... 1 956.......... 1 9 5 7 ..... 1958.......... 1959.......... CAPITAL EXPENDITURES CHANGE FROM PREVIOUS YEAR IN MILLIONS OF DOLLARS 1 | 1 1 1 1 1 I 1 1 1 1 1 1 1 1 f 1 1 TOTAL 24. 510. 1 23 3. 1 056. 2 40 . —5 0 . 2 46 . -340. 1 48. -564. i 1 1 MOTOR V E H IC L E S TOTAL TRACTORS______TRUCKS AUTDS 1 1 J OTHER -5. -164. 960. 8 50 . 3 10 . -53. 116. 5 45 . 3 97 . 287. —64 . -35. 208. 212. 1 05. -32. 122. 247. 72. 5. 43. 29. 9 0. 113. 177. 4 8. -280. 415. 453. 2 3. -2. 169. -355. 2 35 . -462. -56. 38. -352. 383. -354. 3. 38. -52. -33. -152. -38. -52. -101. 29. -1. -21. 52. -199. 387. -201. 54. 131. -3. -146. -108. 2 1. -354. 106. 638. 264. 3 3. -237. 1 32 . 2 29 . 80. 119. -164. -3. 155. 120. -68. 16. 46. 10. 44. -18. -89. 8 9. 6 4. -84. -12. -117. -26. 409. 184. -612. 64. 3 24 . 335. 245 . -342. 69. 237. 96. 122. -303. 85. 1 08. 99. 63. 5. 42. 42. 2 9. 43. -44. -58. 87. -32. 16. -2 7 0 . -5. 87. 239. 123. 8. 1 51 . 237. -168. 1 94 . -48. 54. 1 9. -64. 1 03 . 56. 97. 218. -104. 91. 1 1 | | | i 409. 432. 521. -582. -25. 72. 173 . 16. -69. -57. 137. 223. -41 . 0. -95. -57. -18. 65. -41. 32. -8. -32. -8. -28. 6. 337. 259. 5 06 . -513. 32. 420. 72. 6 88 . 2664. 1751. | ! I | | j | 1 27. 117 . -134. 712. 1061. -159. 76. -3. -28. 337. 186. 41. -131. 740. 724. | | | | | 1 3 93 . -45. 822. 1952. 690. 2 7. 107. 327. 602. 311. 50. 65. 230. 505. 313. 30. 33. 42. 61. 103. -53. 9. 55. 3 6. -105. 366. -152. 495* 1 35 0. 3 79 . -320. -151. -169. | 524. 279. 177. 2 2. 245. -580. 126. 408. 3 89. 277. 204. 32. 62. 84. 54. 32. _________ L • 1 O ! 00 1 1 » | I i 1 1 1 1 1 i 1 975.......... 1 1 total 417. 583. 758. -750. 169 . 1 1 1 1 I i 1970.......... 1971.......... 1972.......... 1973.......... 1 97 4 .......... MACHINERY -40. 7. 19. -56. 299. -19. -347. 125. 582. 563. 1965.......... 1966.......... 1 967.......... 1968.......... 1 96 9 .......... AND LAND IM PROVEMENTS I 1 OPERATORS 1 OTHER | D W ELLIN G S 1 1 15. | 14. 284. 390. I 128. | 145. 58. I 148. -51. | -19. }f -41. -7. 1 54. | 23. 0. 15. 1 -41. | -46. -55. 1 -47. 1 1 0. 1 -40. 10. 1 -3. 8. 11. 1 -23. -33. \ 274. | 25. i -54. 86. 1 107 . -45. | 127. | -43. 1 6. 38. 1 22. 10. | i 1 f | 1 1 | | 1 | | f | I 1 1 1 1 i I 1 1 1 1 t 1960.......... 1 962.......... 1 9 6 2 ..... 1963 .......... 1 9 6 4 ..... f B U IL D IN G S | 1 TOTAL 1 1 1 29. | 674. | 273 . 1 206. | | -70. i1 | -48. 77. | 15. | -87. 1 1 -102. i 89 TABLE 810.3 YEAR CAPITAL EXPENDITURES PERCENTAGE CHANGE FROM PREVIOUS YEAR f 1 1 TOTAL 1 I ______ _ 1 I - 0 .2 1 5 .7 1 - 1 .4 1 5 .1 1 B U IL D IN G S TOTAL MACHINERY AND LAND IMPROVEMENTS O PER A T O R S• D W ELLIN G S OTHER TOTAL J I 1 1 MOTOR V E H IC L E S TOTAL _ TRACTORS TRUCKS AUTOS 1 | 1 OTHER - 4 .7 8 .4 0 .0 0 .0 - 5 .4 8 .6 0 .0 0 .0 - 4 .0 8 .3 0 .0 0 .0 3 .4 3 .6 - 2 .5 9 .1 3 3 .3 2 9 .2 - 9 .7 5 5 .4 6 0 .0 8 7 .5 - 2 6 .7 1 0 9 .1 0 .0 1 0 0 .0 - 1 6 .7 8 0 .0 3 2 .1 1 0 .8 - 2 .4 3 7 .5 - 0 .8 - 1 .2 - 0 .8 - 1 .2 5 .2 1 8 .0 2 7 .1 4 .6 3 3 .4 - 6 .1 4 1 .5 3 8 .6 6 .5 3 6 .6 - 4 .4 41 .3 2 9 .2 2 .0 3 4 .5 - 7 .7 4 1 .7 4 7 .1 1 0.0 3 8 .2 1 3 .4 3 .9 1 7 .7 2 .8 3 0 .3 6 2 .1 1 7 .0 4 8 .5 9 .0 5 7 .7 3 9 .1 1 2 .5 6 9 .4 1 4 1 .0 3 8 .1 6 6 .7 2 0 .0 2 2 .2 - 1 3 .6 6 3 .2 7 0 .9 18.1 4 5 .9 - 3 7 .7 8 5 .1 - 3 .6 - 3 .7 - 4 .3 - 4 .1 - 4 .2 9 .6 - 6 0 .8 1 5 .3 2 6 .9 - 9 .1 - 1 3 .3 - 6 0 .6 2 0 .6 1 7 .8 - 6 .0 - 2 .6 - 6 3 .2 2 1 .4 1 9 .3 - 6 .3 - 2 1 .1 - 5 8 .3 2 0 .0 1 6 .7 - 5 .7 3 3 .5 - 6 1 .0 1 1 .7 3 3 .6 - 1 1 .1 - 1 0 .9 - 5 6 .8 3 1 .5 2 9 .1 —<♦.7 - 1 5 .8 - 6 1 .4 - 3 .0 2 3 .4 - 6 .3 1 1 6 .1 - 2 9 .9 0 .0 - 8 .5 5 8 .1 - 2 6 .7 - 6 4 .2 108 .2 5 0 .0 - 2 1 .6 1 2 5 .6 - 6 4 .4 - 8 .0 4 0 .0 - 1 9 .5 1 9 2 5 . . . . . .1 1 5 .6 1 926......... , 1 2 .6 192 7 ......... . 1 2 .2 1 928......... , 1 3 .6 1 929......... , I 5 .5 l1 1 9 3 0 . . . . . .1 - 2 5 .8 1 9 3 1 . . . . . ►1 - 4 3 .1 1 932......... .1 - 5 2 .5 1 9 3 3 .....»I 1 .5 1 9 3 4 . . . . . .1 9 6 .4 i 1 9 3 5 .....J 5 0 .6 1 9 3 6 . . . . , ►I 3 4 .8 1 9 3 7 . . . . , .1 2 0 .5 1 9 3 8 . . . . . .1 - 2 2 .8 1 9 3 9 . . . . , »1 1 3 .7 | 1 9 4 0 . . . . . .1 1 1 .8 1 9 4 1 . . . . , >1 3 6 .0 1 9 4 2 . . . . , .1 2 .6 1 9 4 3 . . . . , .1 - 2 0 .2 1 9 4 4 ....,. f 6 0 .6 J ___ 4 .4 - 4 .5 1 9 .5 - 6 .8 - 7 .3 6 .0 - 2 .8 1 6 .8 - 2 .5 - 5 .8 3 .0 - 5 .9 2 1 .9 - 1 0 .3 - 8 .6 2 3 .4 6 .8 - 6 .9 1 0 .6 1 2 .6 1 7.9 1 .9 - 1 0 .5 1 4 .2 1 8 .0 2 3 .0 1 4 .3 1 4 .4 - 1 5 .1 4 0 .6 7 .4 1 2 .3 - 4 .9 1 2 .8 - 2 .3 2 0 .8 - 1 1 .0 - 3 4 .1 5 6 .5 1 4.3 3 2 .0 1 3 .5 - 2 .4 6 .5 6 .1 - 3 7 .1 - 4 9 .7 - 6 1 .9 5 4 .1 2 2 .8 - 2 7 .2 - 4 4 .9 - 5 9 .3 2 0 .8 1 0.3 - 4 6 .2 - 5 5 .8 - 6 5 .8 1 1 5 .4 3 5 .7 - 2 0 .5 - 4 0 .6 - 4 9 .5 - 1 0 .8 1 2 6 .4 - 2 4 .2 - 2 7 .8 - 4 3 .3 - 1 2 .7 1 3 4 .0 - 1 9 .0 - 5 3 .9 - 5 8 .5 0 .0 1 6 8 .2 - 3 7 .2 - 2 7 .8 - 3 5 .9 5 2 .0 3 1 .6 - 2 1 .7 - 2 .5 - 3 8 .8 - 3 9 .4 2 0 7 .0 - 1 5 .4 - 5 6 .4 - 6 2 .1 - 5 .1 1 0 5 .4 9 2 .9 2 5 .2 4 0 .2 - 8 .0 2 3 .9 7 5 .0 1 7.9 4 5 .5 - 1 3 .5 3 2 .5 1 07 .9 3 0 .4 3 6 .9 - 4 .3 1 8 .5 4 1 .3 3 7 .7 1 5 .1 - 2 7 .7 9 .4 1 9.1 3 9 .7 7 .0 - 3 5 .7 2 5 .4 9 8 .3 4 2 .7 3 3 .5 - 3 1 .8 - 0 .7 4 6 .0 2 6 .0 0 .0 - 4 1 .3 3 5 .2 - 2 6 .5 4 6 .4 - 1 9 .7 - 3 8 .6 7 4 .3 1 1 1 .8 3 4 .2 3 0 .1 - 1 5 .7 - 9 .3 1 2 .6 8 .6 3 .9 1 0 .2 2 1 .2 2 6 .4 5 .8 - 1 4 .3 - 1 3 .5 1 .8 3 .1 1 0 .9 1 8 .6 2 4 .0 2 9 .0 1 1 .4 4 9 .3 2 .1 - 3 1 .2 8 3 .4 1 1 .0 4 9 .7 - 2 8 .7 - 2 6 .6 6 5 .4 3 0 .5 4 9 .7 - 3 .4 - 4 5 .6 1 1 9 .4 1 1 .0 4 3 .2 - 1 1 .2 1 7 .5 4 .1 - 1 3 .1 5 4 .7 - 8 6 .6 1 3 .6 2 8 .0 1 2 .1 4 8 .5 5 1 .7 - 3 4 .6 9 8 .6 1 91 1 .......... 1 9 1 2 ..... 191 3. . . . . 1914 .......... 191 5 ......... 1 1 916......... 1 1 917......... I 1 9 1 8 ..... 1 1 9 1 9 . . . . . .1 ii 1 9 2 0 ..... 1 1 92 1 ......... 1 1922......... ,1 1923 ......... 1924......... .1 i TABLE 810.3 CAPITAL EXPENDITURES PERCENTAGE CHANGE FROM PREVIOUS YEAR YEAR 1 9 * 5 ..... 1 9 * 6 .......... 1 9 * 7 .......... 1 9 * 8 .......... 1 9 * 9 .......... 1 1 1 1 TOTAL 1 B U IL D IN G S AND LAND IM PRO VEM EN TS! 1 i O PERATORS* 1 1 D W ELLIN G S OTHER I 1 TOTAL MACHINERY TOTAL MOTOR V E H IC L E S 1 1 _____ J I Q I A L _____ I& A C Ifl & S _____ I R U L k S _______ A l i i QL- i _ l o th er L 1 ** 3 0 .3 5 6 .2 3 0 .8 5 .* 6 .3 1 3 8 .* 2 3 .5 1 * .* - * .3 1 2 .6 2 2 7 .2 3 5 .5 2 6 .7 - 2 .7 * .3 1 0 7 .7 1 7 .0 6 .6 - 5 .* - 0 .* - 1 3 .7 9 2 .8 * 2 .6 1 0 .9 - 1 0 .6 2 6 .1 9 7 .1 3 5 .9 1 9 .1 - 1 8 .8 - 1 2 .7 8 6 .3 4 7 .2 1 5 .9 - 2 5 .4 1 2 9 .8 1 1 4 .4 1 5 .6 0 .9 1 3 4 .4 3 8 .7 8 6 .5 5 8 .2 5 7 .7 6 .8 - 3 7 .2 8 7 .7 5 1 .0 1 .7 1 1 1 1 1 i 1 1 95 5 .......... 1 1 956.......... I 1957........... 1 1958.......... 1 1 95 9 .......... ! ■ 1 1960...........1 1961.......... 1 1962........... I 1963 ......... , 1 1 9 6 *.......... 1 I - 1 .1 5 .3 - 6 .9 3 .2 - 1 1 .9 - 3 .1 5 .1 0 .9 - 5 .* - 6 .7 - 6 .0 3 .6 0 .0 - 6 .9 - 7 .6 - 0 .8 6 .1 1 .6 - * .3 - 6 .1 - 0 .1 5 .4 - 1 0 .7 7 .9 - 1 4 .4 - 3 .1 2 .2 - 1 9 .9 2 7 .0 - 1 9 .6 0 .4 4 .9 - 6 .4 - * .* - 2 1 .1 - 7 .0 - 1 0 .4 - 2 2 .4 8 .3 - 0 .3 - 4 .3 1 1 .2 - 3 8 .6 1 2 2 .5 - 2 8 .6 4 .0 9 .2 - 0 .2 - 9 .6 - 7 .7 - 0 .5 - 8 .* 3 .3 1 *. 8 1 2 .5 - 2 .8 0 .5 1 .* - 4 .0 2 2 .1 - 7 .0 —0 .6 1 .5 - * .3 * .9 0 .0 1 .2 1 .3 - 3 .8 3 2 .6 0 .8 - 1 2 .8 4 ,4 2 5 .4 8 .* 2 .3 - 1 6 .0 1 0 .6 1 6 .6 5 .0 2 0 .9 - 2 3 .8 - 0 .6 2 9 .7 1 7 .7 - 1 8 .0 5 .2 1 4 .2 2 .7 1 1 .5 - 3 .6 - 1 8 .4 2 2 .5 1 3 .2 - 1 5 .3 - 0 .9 - 9 .2 - 2 .2 3 6 .0 1 1 .9 - 1 1 .* 2 .8 8 .8 7 .7 5 .1 1 .9 3 .7 * .8 2 .9 1 .7 - 1 0 .0 2 2 .1 - 7 .3 2 .9 3 .9 7 .7 - 3 .7 1 1 .0 3 .0 0 .8 - 1 7 .9 2 .3 1 1 .3 1 0 .5 7 .0 - 2 0 .3 5 .1 1 6 .8 5 .8 7 .0 - 3 8 .0 1 7 .2 1 8 .7 1 4 .4 8 .0 1 .2 9 .8 8 .9 5 .6 7 .9 - 9 .5 - 1 3 .8 2 4 .0 - 7 .1 3 .8 - 1 5 .6 - 0 .3 6 .0 1 5 .5 6 .9 1965......... . 1 1966......... ►1 1967......... ►I 1968 . . . .«.1 1 9 6 9 ......... .1 1 7 .3 9 .5 1 1 .3 - 1 0 .1 2 .5 0 .* 7 .8 1 1 .* - 7 .3 9 .0 - 8 .2 1 0 .0 3 .2 - 1 0 .5 1 8 .8 * .2 7 .0 1 *. 7 - 6 .1 5 .7 1 0 .8 1 0 .3 1 1 .3 - 1 1 .3 - 0 .5 3 .9 8 .9 0 .8 - 3 .2 - 2 .8 1 6 .1 2 2 .6 - 3 .4 0 .0 - 8 .1 - 9 .7 - 3 .4 1 2 .7 - 7 .1 6 .0 - 1 .8 - 7 .5 - 2 .0 - 7 .3 1 .7 1 7 .7 1 1 .6 2 0 .2 - 1 7 .1 1 .3 1970......... ►1 197 1 ......... .1 1 97 2 ......... ►1 1 973......... .1 1 9 7 * ......... ►I ■ 6 .1 1 .0 9 .* 3 3 .1 1 6 .* 1 .2 * .9 - 5 .* 3 0 .3 3 * .7 - 2 * .* 1 5 .* - 0 .5 - 5 .0 6 2 .8 1 1 .0 2 .2 - 6 .8 * 1 .5 2 8 .7 8 .7 - 0 .9 1 6 .9 3 * .3 9 .0 1 .3 5 .3 1 5 .3 2 * .* 1 0 .1 4 .7 5 .8 1 9 .4 3 5 .6 1 6 .3 5 .3 5 .5 6 .7 9 .1 1 4 .1 - 1 4 .6 2 .9 1 7 .2 9 .6 - 2 5 .6 1 4 .5 - 5 .3 1 8 .1 4 1 .8 8 .3 1 .6 - 7 .8 - 1 7 .3 - 5 .2 6 .3 7 .9 9 .6 7 .2 4 .9 1950.......... 1 95 1 .......... 1 95 2 .......... 1 953.......... 1 9 5 * .......... 1975......... . | ro • 00 1 1 1 1 1 1 J ___________ 91 TABLE 810.A YEAR 1 910.......... 1 9 1 1 ..... 1 9 1 2 ..... 1 91 3 .......... 1 91 4 ......... C A P IT A L EX PEN D IT U R ES PERCENTAGE OF TOTAL 1 1 f 1 1 I 1 f 1 f 1 1 TOTAL 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 B U IL D IN G S AND LAND IMPROVEMENTS I OPERATORS* f D W ELLIN G S OTHER TOTAL I I 1 4 4 .4 2 0 .9 | 2 3 .5 4 2 .5 1 1 9.8 2 2 .6 | 2 0 .4 2 3 .2 4 3 .6 | 2 0 .7 2 3 .6 4 4 .2 | 2 2 .4 1 9 .7 4 2 .1 1 MACHINERY 1 TOTAL | _ _ ____ ! MOTOR V E H IC L E S TOTAL TRACTORS ___ TRUCKS __________ AUTOS ! 1 _ 11 JI OTHER 5 5 .6 5 7 .5 5 6 .4 5 5 .8 5 7 .9 6 .8 9 . It 1 1.1 10.1 1 5 .0 0 .9 1 .5 2 .7 2 .0 4 .0 0 .6 0 .6 1 .1 0 .9 1 .6 5 .3 7 .0 7 .3 7 .2 9 .5 4 8 .8 4 8 .5 4 5 .4 4 5 .7 4 2 .9 1915.......... I 1 91 6 ......... 1 1917.......... 1 1 9 1 8 ......... ►1 191 9 .......... 1 1 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 I | | I | 1 3 7 .5 4 5 .0 4 9 .1 4 9 .9 5 1 .1 1 7.9 2 1 .4 2 1 .7 2 1 .2 2 1 .4 1 9 .7 2 3 .6 2 7 .3 2 8 .7 2 9 .8 6 2 .5 5 5 .0 5 0 .9 5 0 .1 4 8 .9 2 3 .1 2 2 .9 2 6 .8 2 7 .9 3 3 .0 5 .2 5 .0 6 .7 1 5 .4 1 5 .9 2 .5 2 .5 2 .4 2 .0 2 .4 1 5 .4 1 5 .4 1 7 .7 1 0 .6 1 4 .6 3 9 .3 3 2 .1 2 4 .2 2 2 .2 1 5 .9 1920......... 1 1921......... 1 1922......... .1 1923......... , 1 1924......... ►1 1 1 1 92 5 ......... .1 1926......... ,1 1 92 7 ......... ,1 1 928......... . 1 1 929 ......... ,1 1 1 193 0 ......... , 1 1 93 1 ......... . 1 1932......... ►1 1933......... . 1 1 9 3 4 . . . . , ►I 1 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 | I | | f 1 1 l | | » f 1 1 4 0 .5 4 0 .7 4 2 .6 3 9 .5 4 0 .9 1 9.0 1 7 .9 18.8 1 7 .7 1 8 .2 2 1 .4 2 2 .8 2 3 .7 2 1 .8 2 2 .6 5 9 .5 5 9 .3 5 7 .4 6 0 .5 5 9 .1 2 6 .8 2 9 .6 3 3 .7 3 4 .3 3 5 .9 1 2 .2 1 2 .0 1 0.1 9 .9 1 0 .2 4 .8 8 .6 7 .4 5 .4 9 .3 9 .8 8 .9 1 6.1 1 9.1 1 6 .5 3 2 .7 2 9 .7 2 3 .7 2 6 .2 2 3 .2 3 6 .9 3 4 .3 4 0 .2 3 6.1 3 1 .8 1 6 .7 1 5.8 18.1 1 7 .0 1 5 .2 2 0 .2 1 8 .5 2 2 .1 19. 1 1 6 .6 6 3 .1 6 5 .7 5 9 .8 6 3 .9 6 8 .2 3 6 .7 3 6 .4 3 1 .9 3 5 .2 3 9 .3 1 0 .8 1 2 .0 1 3 .5 1 1 .0 1 4 .7 8 .7 9 .5 8 .8 9 .6 8 .9 1 7 .2 1 4 .9 9 .6 14.5 1 5 .7 2 6 .5 2 9 .2 2 7 .9 2 8 .7 2 8 .9 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 \ 2 6 .9 2 3 .8 1 9 .1 2 8 .9 1 8 .1 1 4 .9 1 4 .5 1 2 .4 1 4 .7 8 .3 1 2 .0 9 .3 6 .7 1 4.2 9 .8 7 3 .1 7 6 .2 8 0 .9 7 1 .1 8 1 .9 4 0 .2 5 1 .0 6 0 .8 5 2 .3 6 2 .3 1 6 .0 1 3 .0 1 1 .3 1 1 .2 1 5 .2 7 .5 9 .6 1 2 .9 1 9 .3 1 2 .9 1 6 .6 2 8 .4 3 6 .6 2 1 .8 3 4 .1 3 2 .9 2 5 .2 2 0 .1 1 8 .8 1 9 .6 1 9 3 5 . . . . , >1 1 9 3 6 ....,, 1 193 7 ......... . I 1 9 3 8 . . . . , .1 1 9 3 9 ....,„ 1 1 V 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 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 i | | I | 1 P 2 3 .2 2 1 .5 2 5 .0 2 9 .8 3 2 .5 9 .6 8 .4 10.1 1 1 .4 1 3 .2 1 3 .6 1 3.1 1 4 .9 1 8 .5 1 9 .3 7 6 .8 7 8 .5 7 5 .0 7 0 .2 6 7 .5 4 9 .2 5 1 .0 4 5 .3 3 7 .8 4 1 .6 2 0 .1 2 1 .2 2 3 .5 2 0 .8 1 8 .2 1 2 .5 1 1 .7 9 .7 7 .4 8 .8 1 6 .6 18.1 1 2 .0 9 .6 1 4 .7 2 7 .6 2 7 .5 2 9 .7 3 2 .4 2 5 .9 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 | | f | | 3 2 .7 2 6 .1 2 6 .5 3 6 .6 2 7 .6 1 5 .0 1 1 .6 9 .7 1 0 .5 6 .7 1 7 .8 1 4 .5 1 6 .7 2 6 .0 2 0 .9 6 7 .3 7 3 .9 7 3 .5 6 3 .4 7 2 .4 4 1 .3 4 5 .5 3 1 .6 2 9 .1 3 0 .0 2 1 .2 2 3 .4 2 2 .0 1 5 .0 2 0 .5 8 .7 9 .2 7 .9 1 1 .7 7 .6 1 1 .4 1 3 .0 1 .7 2 .4 1 .9 2 5 .9 2 8 .3 4 1 .9 3 4 .3 4 2 .4 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 | ( | | j _L ____________ l TABLE 810.4 C A P IT A L E X P E N D IT U R E S PERCENTAGE OF TOTAL YEAR I 1 ! I ! | f i 1 945.......... 1 946.......... 1947.......... 1 948.......... 1 94 9 ......... TOTAL __ 1 I 1 1 1 0 0 .0 1 | 1 1 0 0 .0 l 1 1 0 0 .0 | 1 1 1 I 1 1 0 0 .0 1 0 0 .0 I 1 1 1 | 1 950.......... 1951.......... I 1 952.......... I 195 3 .......... 1 1954.......... 1 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 1 1 955........... | 1956 .......... 1 1 95 7 ..........,1 1 9 5 8 ...... I 1959........... 1 1 1 1 960......... , 1 196 1 ......... J 1 96 2 ......... , 1 1 963......... 1964......... I 1 1 1 965......... , | 1966......... >1 1967......... , 1 1968......... , I 1 9 6 9 ......... , | 1 1 9 7 0 . . . . , ►1 1 9 7 1 . . . . , >| 1972 ......... . 1 1 973 ............ » I 1 9 7 4 . . . . , .1 1 I 1 9 7 5 . . . . , .1 1 1 0 0 .0 | | f | 1 1 I 1 0 0 .0 1 0 0 .0 1 0 0 .0 t 1 0 0 .0 I 1 1 I I I I l 1 1 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 | | B U IL D IN G S M ACHINERY AND LAND IM PRO VEM ENTS! 1 TOTAL OPERATORS* D W ELLIN G S OTHER 2 8 .9 5 2 .9 4 1 .8 3 6 .6 3 3 .2 7 .4 1 8 .6 1 6 .2 1 5 .7 1 4 .5 2 1 .5 3 4 .3 2 5 .7 2 0 .9 1 8.8 3 2 .6 3 2 .5 3 5 .2 3 2 .3 3 4 .2 1 3 .7 1 3 .5 1 4 .5 13.1 1 3 .7 1 8 .8 1 9.0 2 0 .7 1 9 .2 2 0 .5 3 3 .4 3 6 .7 3 6 .0 3 0 .1 3 2 .6 1 2 .8 1 3 .9 1 3 .7 1 1 .4 1 0 .6 2 0 .6 2 2 .7 2 2 .3 1 8 .7 2 2 .0 3 7 .6 3 7 .9 3 6 .5 3 * .9 3 3 .7 1 0.8 1 2 .8 1 0 .9 1 0 .4 1 0 .3 2 6 .8 2 5 .1 2 5 .5 2 4 .4 2 3 .4 3 1 .5 3 1 .1 3 1 .1 3 2 .0 3 4 .1 8 .8 8 .9 8 .2 8 .2 9 .5 1 1 1 1 1 TOTAL TRUCKS AUTOS . 1 1 1 1 OTHER 1 6 .4 1 1 .0 1 3.1 1 4 .7 1 6 .2 5 .6 9 .8 1 3 .5 1 1 .9 1 1 .4 4 .5 4 .7 5 .7 6 .8 1 0 .2 44. 7 21. 5 25. 9 29. 9 28. 9 6 7 .4 6 7 .5 6 4 .8 6 7 .7 6 5 .8 3 7 .1 3 6 .0 3 1 .0 3 8 .1 3 4 .8 1 6 .5 1 6 .4 1 6 .5 1 5 .3 1 3 .7 1 0 .7 9 .1 7 .6 8 .0 9 .1 9 .9 1 0 .5 6 .9 1 4 .9 1 2.1 30. 3 31. 5 33. 8 29. 6 31. 0 6 6 .6 6 3 .3 6 4 .0 6 9 .9 6 7 .4 3 5 .8 3 2 .8 3 5 .1 3 5 .6 3 3 .3 1 6 .6 1 3 .8 1 3 .3 1 5 .0 1 5 .7 7 .5 8 .6 9 .5 8 .5 8 .4 1 1 .7 1 0 .4 1 2 .3 1 2 .2 9 .2 30. 30. 26. 34. 34. 8 6 9 3 1 1 62. 4 6 2 .1 6 3 .5 6 5 .1 6 6 .3 2 9 .9 3 0 .6 3 2 .9 3 2 .3 3 2 .8 1 1 .0 1 2 .5 1 3 .7 1 4 .5 1 4 .9 9 .6 1 0 .2 1 0 .2 1 0 .0 1 0 .3 9 .4 7 .8 8 .9 7 .7 7 .6 32. 31. 30. 32. 33. 5 5 7 9 4 2 2 .7 2 2 .2 2 2 .9 2 3 .9 2 4 .6 1 1 1 1 1 6 8 .5 6 8 .9 6 8 .9 6 8 .0 6 5 .9 3 1 .8 3 1 .6 2 8 .6 3 0 .8 2 9 .2 1 6 .2 1 8 .1 1 5 .7 1 7 .4 1 5 .6 8 .7 7 .6 7 .7 8 .0 8 .3 7 .0 5 .9 5 .2 5 .3 5 .3 36. 37. 40. 37. 36. 7 4 3 2 7 2 7 .9 2 9 .0 3 0 .6 2 8 .6 2 7 .1 1 5 .4 1 6 .1 1 7 .6 1 8 .0 1 7 .9 8 .2 8 .6 8 .4 6 .8 6 .7 4 .3 4 .3 4. 6 3 .8 2 .4 39. 6 37. 2 40. 2 42. 8 39. 8 2 8 .9 1 9 .1 7 .2 2 .6 41. 1 1 I 1 1 1 1 I 1 ! 1 i i 1 1 1 1 1 1 i 1 ! 1 I i 1 | l I l | 1 1 0 0 .0 I | | | ! 1 1 3 2 .5 3 3 .8 2 9 .2 2 8 .6 3 3 .1 6 .8 7 .7 7 .0 5 .0 7 .0 2 5 .7 2 6 .0 2 2 .2 2 3 .6 2 6 .1 1 ! 1 1 1 6 7 .5 6 6 .2 7 0 .8 7 1 .4 6 6 .9 I 1 3 0 .0 5 .7 2 4 .3 1 7 0 .0 1 0 0 .0 TRACTORS _ 1 2 6 .4 2 5 .6 3 2 .3 3 3 .5 3 7 .9 1 0 0 .0 1 0 0 .0 1 0 0 .0 io o . o MOTOR V E H IC L E S 7 1 .1 4 7 .1 5 8 .2 63. A 6 6 .8 I 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 1 1 ____________ 1 1 TOTAL i f ii I 93 TABLE 820.1 YEAR CAPITAL CONSUMPTION ALLOWANCES (DEPRECIATION ALLOWANCES AND ACCIDENTAL DAMAGE) AMOUNTS IN MILLIONS OF DOLLARS 1 1 f 1 TOTAL 1 B U IL D IN G S I | TOTAL 1 AND LAND IM PRO VEM EN TS! __________ 1 _ OPERATORS* 1 D W ELLIN G S OTHER I MACHINERY TOTAL MOTOR V E H IC L E S i 1 1 1 J___1Q1AL___ I M CIQBS___ 1RULKS______ AU1DS | | | I | j 242. 2 47 . 249 . 245. 229 . 115. 117. 1 18 . 115. 1 07 . 1 27. 130. 131. 130. 122 . I f | 1 1 I » 174. 196. 2 20 . 2 36 . 2 53 . 12. 24. 3 6. 44. 54. 1. 3. 7. 10. 12. 0. 2. 3. 4. 5. 11. 19. 26. 3 0. 37. 162. 1 72 . 1 84 . 192. 1 99 . 524. 597. 714. 9 02 . 1040. | 1 | 1 ! | 237 . 2 76 . 3 28 . 400. 468. 112. 129. 153. 188. 222. 1 25. 147. 1 75 . 212. 246. | ! | | | i 2 87. 321 . 386 . 502. 572 . 77. 97. 132. 194. 265. 18. 2 1. 2 7. 58. 98. 7. 1 0. 13. 18. 23. 52. 66. 92. 118. 144. 210. 224. 254. 308. 307. 1 f 1 f 1 ii ! f 1 I 1 j 1 21 1. 1039. 934. 943. 9 52 . 1 f | f I jI I ( | f | j 527. 405. 409. 423. 428. 2 48 . 191. 194. 201. 205. 279. 214. 215. 222. 223. 684 . 634. 525. 520. 524. 305. 2 57 . 204. 2 11 . 220. 118 . 1 17 . 80. 77. 73. 33. 36. 37. 37. 41. 154. 104. 8 7. 9 7. 106. 379. 377. 321. 309. 304. 431. 425. 413. 414. 407. 207. 204. 198. 1 98 . 196. 2 24 . 2 21 . 215. 216. 211. f | | 1 | il | | | | I i 44 1 . 461 . 4 77 . 486. 509. 238. 2 55 . 265. 269. 289. 7 8. 8 2. 86. 89. 94. 4 9. 57. 66. 71. 76. 111. 116. 113. 109. 119. 203. 206. 212. 217. 220. f 1 1 1 1 1 1 ! I 1 1 1 i ! 1 1 9 55 . 856. 734. 644. 6 50 . I I | | | i 1 | | | I I i f | | 1 I | 394. 3 30 . 280. 263. 281. 190. 159 . 1 34 . 1 25 . 134 . 204. 171. 146. 138. 147 . 561. 526 . 4 54. 381. 369. 288. 268. 2 29 . 182. 1 80 . 1 03 . 97. 8 0. 60. 57. 69. 5 9. 4 7. 39. 39. 116. 112. 102. 8 3. 8 4. 273. 2 58 . 2 25 . 199 . 189. 279 . 305. 309. 3 15 . 2 77 . 1 34 . 1 50 . 1 52 . 1 55 . 134. 145. 155 . 157. 1 60. 1 43 . 385. 4 23 . 4 87 . 518. 504. 196. 230. 281 . 2 97 . 2 85 . 67. 86. 114. 128. 114 . 41. 5 0. 61. 6 6. 68. 88. 94. 106. 103. 103. 189. 1 93 . 206. 221. 219. 280. 309. 3 53 . 403. 450. 136. 151 . 174. 200. 2 24. 1 44 . 158. 179 . 203. 226. 517. 561. 9 82. 966. 975. 297. 338 . 5 64 . 5 29. 514. 116. 139. 257. 235. 235. 72. 80. 148. 156. 158. 109. 119. 159. 138. 121. 220. 223. 418. 437. 461. 1 91 0 .......... 1911.......... 1912.......... 1913 . . . . . 1 91 4 .......... 1 1 1 1 I | 1 9 1 5 ..... 191 6 .......... 1 9 1 7 ..... 1 918.......... 1 9 1 9 ..... I 1 1 1 1 i 1 9 2 0 ..... 1921.......... 1 9 2 2 ..... 1923.......... 1 9 2 4 ..... 1925.......... 1 9 2 6 ..... 1927.......... 1 9 2 8 ..... 1 9 2 9 ..... 1930.......... 1 931.......... 1932.......... 1933.......... 1 9 3 4 ..... 1 9 3 5 ..... 1936.......... 1 9 3 7 ..... 1 9 3 8 ..... 1 9 3 9 ..... OTHER L 1 9 4 0 ..... 1941.......... 194 2 .......... ) 1 9 4 3 ..... 1 1 9 4 4 ..... 1 416. 443. 469. 481. 482 • 872. 8 66. 890 . 900. 916. 6 64. 7 28 . 7 96 . 833. 781. 7 97 . 870 . 1 33 5. 1 36 9. 142 5. J__________ L f | | | I 1 1 | | | | 1 1 I | | I | | JL TABLE 820*1 CAPITAL CONSUMPTION ALLOWANCES (DEPRECIATION ALLOWANCES AND ACCIDENTAL DAMAGE) AMOUNTS IN MILLIONS OF DOLLARS 1 1 | YEAR 1 1 1 1 9 4 5 ...* , | 1 9 4 6 ..... 9 1 9 4 7 . . . . , ,1 1 9 4 8 ...., 9 1 9 4 9 ...., 1 1 TOTAL 1310. 1 189. 1553. 2002. 2365. 1 B U IL D IN G S 9 1 TOTAL 9 1 1 479. ( 5 23 . | 670. 1 755. 1 | 733. MACHINERY AND LAND IM PR O VEM EN TS1 OPERATORS f D W ELLIN G S OTHER | TOTAL 9 | 1 MOTOR V E H IC L E S 1 ____ TOTAL __TRACTQRS______TRUCKS 1 AUTOS___ L OTHER 238. 258. 317. 355. 343. 241. 265. 353. 400. 390. 9 | 9 9 9 831. 666. 8 83 . 1247. 1 632. 3 87 . 333. 458. 655. 857. 179. 152. 189. 258. 341. 109. 106 . 1 69. 262. 315. 99. 75. 100. 135. 201. 444. 333. 425. 592. 775. t 1 9 5 0 . . . . >1 1 9 5 1 ...., 1 1 9 5 2 ...., 9 1 9 5 3 ...., I 1 9 5 4 .... , 1 | 2 66 5. 3147. 3326. 3454. 3 58 1. 1 | 1 | 1 i 782. 944. 905. 937. 1006. 365. 439. 419. 431. 462. 417. 5 05 . 486. 506. 544. 1 9 9 9 9 1 88 3. 2 20 3. 2 42 1. 2517. 2575. 1008. 1179. 1282. 1 32 2. 1 35 3. 397. 469. 514. 543. 544. 3 47 . 382. 389. 369 . 359. 264. 328. 379. 410. 450. 875. 1 024. 1 13 9. 1 19 5. 1222. 1 9 5 5 . . . . , ,1 1 9 5 6 . . . . , >1 1 9 5 7 ....,. | 1 9 5 8 ....,»9 1 9 5 9 . . . . , ►9 | I 9 6 0 . . . . , »9 1 9 6 1 ....,»9 1 9 6 2 . . . . , .1 1 9 6 3 . . . . , •9 1 9 6 4 . . . . , »| | 1 9 6 5 ....,»9 1966•••• ,* 9 1 9 6 7 . . . . , •1 1 9 6 8 . . . . , »9 1 9 6 9 . . . . , >1 3 70 0. 3723. 3913. 4011. 4251. | 1 | | | | J 9 | 1 | j | | 9 9 ! | 107 2. 1013. 108 8. 1083. 1 149. 495. 462. 490. 492. 5 15 . 577. 551. 598. 591. 634. 9 2 62 8. 2710. 2825. 2928. 3102. 1 38 6. 1436. 1508. 1 55 4. 1638. 564. 596. 620. 642. 681. 346. 358. 387. 3 97 . 425. 476. 482 . 501. 515. 532. 1242. 1 27 4. 1317. 1 37 4. 1464. 1 211. 126 5. 1326. 1 408. 151 1. 564. 586. 615. 653. 702. 647. 679. 711. 755. 809. 9 | 9 3126. 3123. 3204. 3288. 3 39 2. 159 8. 1572. 1 63 7. 1685. 1723. 682. 668. 683. 695. 739. 431. 459. 5 01 . 527. 5 38. 485. 4 45 . 4 53 . 463. 446 . 1 528. 1 55 1. 1 56 7. 1 60 3. 1669. 160 4. 1646. 1787. 1 92 2. 2 12 8. 751. 758. 814. 852. 919. 853. 888. 973. 1070. 1209. 9 9 * J 9 3 50 7. 3738. 3994. 4278. 4446. 1 736. 1823. 1 87 8. 1 97 5. 2002. 788. 860. 932. 989. 1 01 4. 534. 562. 570. 5 96 . 611. 4 14 . 4 01 . 376. 390. 377. 1 77 1. 1 91 5. 2 11 6. 2303. 2444. 2168. 2385. 2 63 3. 3111. 3667. 910. 988. 1075. 1286. 1 454. 1258. 1397. 1 55 8. 1 82 5. 2213. 9 9 9 9 9 4592. 4965. 5254. 5 83 4. 6957. 1 99 1. 2168. 2244. 2464. 2890. 1015. 1 08 8. 1123. 1267. 1 61 3. 619. 711. 742. 799. 867. 357. 3 69 . 379 . 398. 410. 2601. 2797. 3010. 3370. 4067. 4092. 1641. 2451. J 8385. 3348. 1 963. 959. 426. 5 03 7. j 1 9 7 0 . . . . , >9 1 9 7 1 . . . . , *1 1 9 7 2 . . . . , >| 1 9 7 3 . . . . , •9 1 9 7 4 ....,»9 | 1 9 7 5 . . . . , »9 4337. 4388. 4530. 4696. 4903. 5111. 5 38 4. 5781. 6200. 6574. 6760. 7350. 7887. 8945. 10624. 124 77 . 9 | | 9 9 | | J __________ L 9 9 J ( 9 9 95 96 TABLE 820.2 YEAR CAPITAL CONSUMPTION ALLOWANCES (DEPRECIATION ALLOWANCES AND ACCIDENTAL DAMAGE) CHANGE FROM PREVIOUS YEAR IN MILLIONS OF DOLLARS 1 1 1 1 TOTAL 1 B U IL D IN G S t 1 TOTAL I .......................... _....... O PERATORS* D W ELLIN G S OTHER 27. 26. 1 2. 1. | 1 f 1 1 5. 2. -4. -16. 2. 1. -3. -8. 3. 1. -1. -8. 1915.......... 1916.......... 1 917.......... 1918.......... 1919.......... 42. 73. 117. 188. 138. ? | 1 1 | 1 8. 39. 52. 72. 68. 5. 17. 24. 35. 34. 3. 22. 28. 37. 34. 1920.......... 1921.......... 1922.......... 1923.......... 1 9 2 4 ..... 171. —172• -105. 9. 9. 5 9. -122. 4. 14. 5. 26. -57. 3. 7. 4. 33. -65. 1. 7. 1. 1 925.......... 1926.......... 1927 .......... 1928.......... 1929.......... -80. 14. 4. 10. 16. 3. -6. -12. 1. -7. 2. -3. -6. 0. -2. 1. “ 3. -6. 1. -5. 1 930.......... 1931.......... 1932.......... 1933.......... 1934.......... 39. -99. -122. -90. 6. -13. -64. -50. -17. 1 8. -6. -31. -25. -9. 9. -7. -33. -25. -8. 9. 1935.......... 1936.......... 1 9 3 7 ..... 1938.......... 1939.......... 14. 64. 68. 37. -52. -2. 26. 4. 6. -3 8 . 0. 16. 2. 3. -21. -2. 10. 2. 3. “ 17. 1940.......... 1941.......... 194 2 .......... 1943.......... 1 9 4 4 ..... 16. 73. 465. 34. 56. 1 | | | | 1 r | | | | f j | I 1 | | I | | | | I i | | I | I 3. 29. 44. 50. 47. 2. 1 5. 23. 26. 24. 1. 14. 21. 24. 23. 1 ... | I TOTAL MOTOR V E H IC L E S 1 ! 1 1 OTHER J___XQIAL____IBACIQRi___ IBUCKS_____ AUIQS— 1 1911.......... 1912.......... 1913.......... 1 91 4 .......... 1 _ _________L. MACHINERY AND LAND IM PROVEM ENTS! 1 1 f 1 1 1 | | 1 1 | i1 1 | 1 | I I1 1 | I 1 | 1 | 1 f | | 1 1 1 f 1 I | 1 1 1 I | | | __________ L 22. 24. 16. 17. 12. 1 2. 8. 10. 2. 4. 3. 2. 2. 1. 1. 1. 8. 7. 4. 7. 1 0. 12. 8. 7. 34. 34. 65. 116 . 70. 23. 20. 35. 62. 71. 6. 3. 6. 31. 40. 2. 3. 3. 5. 5. 15. 14. 26. 26. 26. 11. 14. 30. 54. -1. 112. -50. -109. -5. 4. 40. -48. -53. 7. 9. 20. -1. -37. -3. -4. 10. 3. 1. 0. 4. 10. -50. -17. 10. 9. 72. -2. -56. -12. -5. -83. 20. 16. 9. 23. 18. 17. 10. 4. 20. 5. 4. 4. 3. 5. 8. 8. 9. 5. 5. 5. 5. -3. -4. 10. -101. 3. 6. 5. 3. 52. -3 5 . -72. -73. -12. -1. -20. -39. -47. -2. 9. -6. -17. -20. -3. -7. -10. -12. -8. 0. -3. -4. -10. -19. 1. 5 3. -15. -33. -26. -10. 16. 38. 64. 31. -14. 16. 34. 51. 16. -12. 10. 19. 28. 14. -14. 2. 9. 11. 5. 2. 4. 6. 12. -3. 0. 0. 4. 13. 15. -2. 13. 44. 421 . -16. 9. 12. 41. 226 . -35. -15. 2. 23. 1 18. -22. 0. 4. 8. 68. 8. 2. 6. 10. 40. -21. -17. 1. 3. 195. 1 9. 24. TABLE 820.2 YEAR 1945.......... 1 946.......... 1 9 4 7 ..... 1 948.......... 1949.......... 1 950.......... 1 9 5 1 ..... 1952.......... 1953.......... 1 954.......... 1955.......... 1956.......... 1 95 7 .......... 1958.......... 1959.......... 1 96 0 .......... 1961.......... 1962.......... 1 96 3 .......... 1964.......... 1965.......... 1966.......... 1967.......... 1968.......... 1969.......... 1970.......... 1 971.......... 1972.......... 1973.......... 197 4 .......... 1 975.......... CAPITAL CONSUMPTION ALLOWANCES (DEPRECIATION ALLOWANCES AND ACCIDENTAL DAMAGE) CHANGE FROM PREVIOUS YEAR IN MILLIONS OF DOLLARS I 1 1 1 L 1 1 I 1 1 1 1 1 1 1 1 1 1 • l 1 1 1 f 1 | 1 1 1 I 1 | 1 1 1 1 1 |i 1 1 I 1 1 il 1 TOTAL -115. “ 121. 364. 449. 363. 300. 482. 1 79 . 128. 127. 119. 23. 190. 98. 240. 86. 51. 142. 166. 207. 2 08 . 273. 3 97 . 419. 374. 1 86. 590 . 5 37 . 1058. 167 9. 1853. 1 B U IL D IN G S L ) TOTAL f 1 1 | 29. 44. 1 147 . 1 | 85. | -22. i1 49. f 162. 1 -39. | 1 32. 69. | |f | 66. 1 —5 9 . | 75. 1 -5. f 66. | | 62. | 54. 61. I ) 82. f 103 . | 1 1 \ 1 I Ii | \ | ) | ir 1 i__________ L AND LAND IM PRO VEM ENTS) l_ O PER A T O R S• 1 OTHER 1 D W ELLIN G S 1 1 15. | 14. 24. | 20. 5 9. 88. 1 38. 47. | ^10. | -12. 1 MACHINERY TOTAL I 1 1_ MOTOR V E H IC L E S TOTAL. TRACTORS _____ TRUCKS . . . - - AUTOS 1 1 J OTHER -144. -165. 217. 364. 385. -127. -54. 125. 197. 202. -56. -27. 37. 69. 83. -49. -3. 63. 93. 5 3. -22. -24. 2 5. 3 5. 66. -17. -111. 92. 1 67. 183. 151. 171. 1 03 . 40. 31. 5 6. 72. 45. 29. 1. 32. 3 5. 7. -20. -10. 63. 64. 51. 3 1. 40. 100. 1 49 . 115. 56. 27. 20. 22. 74. -20. 12. 31. 27. 88. -19. 20. 38. f 1 | | I 1 251. 3 20. 2 18. 96. 58. 33. -33. 28. 2. 23. 33. -26. 47. “ 7. 43. | ) 1 1 | 1 53. 8 2. 115 . 1 03 . 174. 33. 50. 72. 46 • 84. 20. 32. 24. 22. 39. -13. 12. 2 9. 1 0. 2 8. 26. 6. 19. 14. 17. 43. 57. 90. 49. 22. 29. 38. 49. 13. 32. 32. 44. 54. 24. -3. 81. 84. 104 . -40. -26. 65. 48. 38. 1. -14. 15. 12. 44. 6. 2 8. 42. 2 6. 11. -47. -40. 8. 10. -17. 64. 23. 1 6. 36. 66. 93. 42. 141. 1 35 . 206. 49. 7. 56. 38. 67. 44. 35. 85. 97. 139 . 115. 231 . 256. 284 . 168. 13. 8 7. 55. 97. 27. 49. 72. 72. 57. 25. -4. 28. 8. 26. 15. -32. -13. -25. 14. -13. 1 02 . 144 . 201. 1 87. 141. 40. 217. 248. 478. 5 56 . -9. 78. 87. 211. 168. 49. 139. 161. 267. 388. 1 | 1 | | f1 | | f 1 | 1 1 | | | | ) i 146. 373. 289. 580. 1123. “ 11. 1 77 . 76. 220. 426. 1. 73. 35. 1 44 . 346 • 8. 92. 31. 57. 68. -20. 12. 10. 19. 12. 1 57. 196. 213. 360. 697. 425. 1 87 . 1428. 458. 350. 92. 16. 970. 238. | ________ L 32. 97 98 TABLE 820.3 C A P IT A L CONSUMPTION ALLOWANCES (D E P R E C IA T IO N ALLOWANCES AND ACCID EN TAL DAMAGE) PERCENTAGE CHANGE FROM P R E V IO U S YEAR 1 I I 1 YEAR TOTAL ) B U IL D IN G S I 1 1 TOTAL AND LAND IM PRO VEM EN TS) .................. ............... 1 O PER A T O R S 9 1 D W ELLIN G S OTHER I MACHINERY TOTAL MOTOR V E H IC L E S 1 1 1 1 OTHER J. ...IQ IAL..... - J RAC1QRS_____ TRUCKS_________ AiildS_____L 1911.......... 191 2 .......... 1 9 1 3 ..... 1914.......... 1 \ ) f j 1 9 1 5 ..... 1 9 1 6 ..... 1917 .......... 1 9 1 8 ..... 1 9 1 9 ......... 1 f 1 1 f i1 1 92 0 ......... ) 1 9 2 1 ..... 1 1922.......... 1 1 923.........., ) 1924 .......... 1 1 l 1925.......... 1 1926.......... I 1 92 7 ........... | 1928.......... f 1929.......... I j 6 .5 5 .9 2 .6 0 .2 2 .1 0 .8 - 1 .6 - 6 .5 1 .7 0 .9 - 2 .5 - 7 .0 2 .4 0 .8 —0 .8 - 6 .2 1 2 .6 1 2 .2 7 .3 7 .2 1 0 0 .0 5 0 .0 2 2 .2 2 2 .7 2 0 0 .0 1 3 3 .3 4 2 .9 2 0 .0 ***** 5 0 .0 3 3 .3 2 5 .0 7 2 .7 3 6 .8 1 5 .4 2 3 .3 6 .2 7 .0 4 .3 3 .6 8 .7 1 3 .9 1 9 .6 2 6 .3 1 5 .3 3 .5 1 6 .5 1 8 .8 2 2 .0 1 7 .0 4 .7 1 5 .2 1 8 .6 2 2 .9 1 8.1 2 .5 1 7 .6 1 9 .0 2 1 .1 1 6 .0 1 3 .4 1 1 .8 2 0 .2 3 0 .1 1 3 .9 4 2 .6 2 6 .0 3 6 .1 4 7 .0 3 6 .6 5 0 .0 1 6 .7 2 8 .6 1 1 4 .8 6 9 .0 4 0 .0 4 2 .9 3 0 .0 3 8 .5 2 7 .8 4 0 .5 2 6 .9 3 9 .4 2 8 .3 2 2 .0 5 .5 6 .7 1 3 .4 2 1 .3 - 0 .3 1 6 .4 - 1 4 .2 - 1 0 .1 1 .0 1.0 1 2 .6 - 2 3 .1 1 .0 3 .4 1 .2 1 1 .7 - 2 3 .0 1 .6 3 .6 2 .0 1 3 .4 - 2 3 .3 0 .5 3 .3 0 .5 1 9 .6 - 7 .3 - 1 7 .2 - 1 .0 0 .8 1 5.1 - 1 5 .7 - 2 0 .6 3 .4 4 .3 2 0 .4 - 0 .8 - 3 1 .6 - 3 .7 - 5 .2 4 3 .5 9 .1 2 .8 0 .0 1 0.8 6 .9 - 3 2 .5 - 1 6 .3 1 1 .5 9 .3 2 3 .5 - 0 .5 - 1 4 .9 - 3 .7 - 1 .6 - 8 .4 1 .6 0 .5 1 .1 1.8 0 .7 - 1 .4 - 2 .8 0 .2 - 1 .7 1.0 - 1 .0 0 .4 - 1 .3 - 2 .7 0 .5 - 2 .3 - 1 5 .8 4 .5 3 .5 1 .9 4 .7 8 .2 7 .1 3 .9 1 .5 7 .4 6 .8 5 .1 4 .9 3 .5 5 .6 1 9 .5 1 6 .3 1 5.8 7 .6 7 .0 4 .7 4 .5 - 2 .6 - 3 .5 9 .2 - 3 3 .2 1 .5 2 .9 2 .4 1 .4 - 1 .4 - 2 .9 0.0 1 93 0 .......... 1 931.......... 1932.......... 1933.......... 1934.......... I 1 1 1 ( 1 4 .3 - 1 0 .4 - 1 4 .3 - 1 2 .3 0 .9 - 3 .2 - 1 6 .2 - 1 5 .2 - 6 .1 6 .8 - 3 .1 - 1 6 .3 - 1 5 .7 —6 .7 7 .2 - 3 .3 - 1 6 .2 - 1 4 .6 - 5 .5 6 .5 1 0 .2 - 6 .2 - 1 3 .7 - 1 6 .1 - 3 .1 - 0 .3 - 6 .9 - 1 4 .6 - 2 0 .5 - 1 .1 9 .6 - 5 .8 - 1 7 .5 - 2 5 .0 - 5 .0 - 9 .2 - 1 4 .5 - 2 0 .3 - 1 7 .0 0 .0 - 2 .5 - 3 .4 - 8 .9 - 1 8 .6 1 .2 2 4 .1 - 5 .5 - 1 2 .8 - 1 1 .6 - 5 .0 1 935.......... 1 9 3 6 ..... 1937.......... 1938.......... 1 939.......... 1 1 I 1 1 j 2 .2 9 .6 9 .3 4 .6 - 6 .2 - 0 .7 9 .3 1 .3 1 .9 - 1 2 .1 0.0 1 1.9 1 .3 2 .0 - 1 3 .5 - 1 .4 6 .9 1 .3 1 .9 - 1 0 .6 4 .3 9 .9 1 5 .1 6 .4 - 2 .7 8 .9 1 7.3 2 2 .2 5 .7 —4 .0 1 7 .5 2 8 .4 3 2 .6 1 2 .3 - 1 0 .9 5 .1 2 2 .0 2 2 .0 8 .2 3 .0 4 .8 6 .8 1 2 .8 - 2 .8 0 .0 0.0 2 .1 6 .7 7 .3 - 0 .9 1940.......... 1941.......... 1942.......... 1 94 3 .......... 1944.......... 1 1 1 f 1 2 .0 9 .2 5 3 .4 2 .5 4 .1 1 .1 1 0 .4 1 4 .2 1 4 .2 1 1 .7 1 .5 1 1 .0 1 5.2 1 4 .9 1 2.0 0 .7 9 .7 1 3 .3 1 3 .4 1 1 .3 2 .6 8 .5 7 5 .0 - 1 .6 0 .9 4 .2 1 3 .8 6 6 .9 - 6 .2 - 2 .8 1 .8 1 9 .8 8 4 .9 - 8 .6 5 .9 1 1.1 8 5 .0 5 .4 1 .3 5 .8 9 .2 3 3 .6 - 1 3 .2 - 1 2 .3 0 .5 1 .4 8 7 .4 4 .5 5 .5 J _______________ 0 .0 TABLE 820.3 C A P IT A L CONSUMPTION ALLOWANCES (D E P R E C IA T IO N ALLOWANCES AND ACCIDENTAL DAMAGE) PERCENTAGE CHANGE FROM P R E V IO U S YEAR YEAR 1 1 1 1 » I f 1 1 1 1 i MACHINERY B U IL D IN G S AND LAND IM PROVEM ENTS TOTAL TOTAL OPERATORS* D W ELLIN G S OTHER TOTAL 11 1 1I MOTOR V E H IC L E S TOTAL TRACTORS______TRUCKS _ _ _ AUTOS 1 1 OTHER L _______ - 8 .1 - 9 .2 3 0 .6 2 8 .9 1 8 .1 6 .4 9 .2 2 8 .1 1 2 .7 - 2 .9 6 .3 8 .4 2 2 .9 1 2 .0 - 3 .4 6 .6 1 0 .0 3 3 .2 1 3 .3 - 2 .5 - 1 4 .8 - 1 9 .9 3 2 .6 4 1 .2 3 0 .9 - 2 4 .7 - 1 4 .0 3 7 .5 4 3 .0 3 0 .8 - 2 3 .8 - 1 5 .1 2 4 .3 3 6 .5 3 2 .2 -31 .0 - 2 .8 5 9 .4 5 5 .0 2 0 .2 - 1 8 .2 - 2 4 .2 3 3 .3 3 5 .0 4 8 .9 - 3 .7 - 2 5 .0 2 7 .6 3 9 .3 3 0 .9 1950.......... 1 1 9 5 1 ..... 1 1952.......... 1 195 3 .......... \ 1 95 4 ......... .1 Ii 1955.......... . 1 1 956......... . 1 1 957......... . 1 1958......... , 1 1959......... . 1 i 1960......... , | 1961......... I 1 96 2 ......... ,1 196 3 ......... . 1 1964......... , I 1 1 2 .7 1 8 .1 5 .7 3 .8 3 .7 6 .7 2 0 .7 - 4 .1 3 .5 7 .4 6 .4 2 0 .3 —4 .6 2 .9 7 .2 6 .9 2 1 .1 - 3 .8 4 .1 7 .5 1 5 .4 1 7 .0 9 .9 4 .0 2 .3 1 7 .6 1 7 .0 8 .7 3 .1 2 .3 1 6 .4 1 8 .1 9 .6 5 .6 0 .2 1 0 .2 1 0.1 1 .8 - 5 .1 - 2 .7 3 1 .3 2 4 .2 1 5 .5 8 .2 9 .8 1 2 .9 1 7 .0 1 1 .2 4 .9 2 .3 3 .3 0 .6 5 .1 2 .5 6 .0 6 .6 - 5 .5 7 .4 - 0 .5 6 .1 7 .1 - 6 .7 6 .1 0 .4 4 .7 6 .1 - 4 .5 8 .5 - 1 .2 7 .3 2 .1 3 .1 4 .2 3 .6 5 .9 2 .4 3 .6 5 .0 3 .1 5 .4 3 .7 5 .7 4 .0 3 .5 6 .1 - 3 .6 3 .5 8 .1 2 .6 7 .1 5 .8 1 .3 3 .9 2 .8 3 .3 1 .6 2 .6 3 .4 4 .3 6 .6 2 .0 1 .2 3 .2 3 .7 4 .4 5 .4 4 .5 4 .8 6 .2 7 .3 9 .5 3 .9 4 .9 6 .2 7 .5 2 .1 4 .9 4 .7 6 .2 7 .2 0 .8 - 0 .1 2 .6 2 .6 3 .2 - 2 .4 - 1 .6 4 .1 2 .9 2 .3 0 .1 - 2 .1 2 .2 1 .8 6 .3 1 .* 6 .5 9 .2 5 .2 2 .1 - 8 .8 - 8 .2 1 .8 2 .2 - 3 .7 4 .4 1 .5 1 .0 2 .3 4 .1 196 5 ......... -( 1 966......... ,| 1967..........►1 1968......... -1 1969......... >1 i 1970......... 1 1 971......... ►1 1972..........►1 1 9 7 3 ..... 1 1974..........>1 { 1 975.......... 1 1 4 .2 5 .3 7 .4 7 .2 6 .0 6 .2 2 .6 8 .6 7 .6 1 0 .7 7 .0 0 .9 7 .4 4 .7 7 .9 5 .4 4 .1 9 .6 1 0 .0 1 3 .0 3 .4 6 .6 6 .8 7 .1 3 .9 0 .8 5 .0 3 .0 5 .2 1 .4 6 .6 9 .1 8 .4 6 .1 2 .5 - 0 .7 5 .2 1 .4 4 .6 2 .5 - 7 .2 - 3 .1 - 6 .2 3 .7 - 3 .3 6 .1 8 .1 1 0 .5 8 .8 6 .1 2 .8 8 .7 7 .3 1 3 .4 1 8 .8 1 .9 1 0 .0 1 0 .4 1 8 .2 1 7 .9 - 1 .0 8 .6 8 .8 1 9 .6 13.1 4 .1 1 1 .0 1 1 .5 1 7.1 2 1 .3 3 .3 8 .1 5 .8 1 1 .0 1 9 .2 - 0 .5 8 .9 3 .5 9 .8 1 7 .3 0 .1 7 .2 3 .2 1 2 .8 2 7 .3 1 .3 1 4 .9 4 .4 7 .7 8 .5 - 5 .3 3 .4 2 .7 5 .0 3 .0 6 .4 7 .5 7 .6 1 2 .0 2 0 .7 1 7 .4 1 1 .6 1 2 .9 1 0 .8 2 0 .5 1 5 .8 2 1 .7 1 0 .6 3 .9 2 3 .9 1 94 5 .......... 1946.......... 1 947.......... 1948.......... 1949.......... 99 CAPITAL CONSUMPTION ALLOWANCES (DEPRECIATION ALLOWANCES AND ACCIDENTAL DAMAGE) PERCENTAGE OF TOTAL B U IL D IN G S TOTAL 1 total MACHINERY AND LAND IMPROVEMENTS OPERATORS* D W ELLIN G S OTHER TOTAL 1i 1 11 MOTOR V E H IC L E S TOTAL - TRACTORS trucks .AUIQS. 1910 1911 1912 1913 1914 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 100.0 I f | | | 5 8 .2 5 5 .8 5 3.1 5 0 .9 4 7 .5 2 7 .6 2 6 .4 2 5 .2 2 3 .9 2 2 .2 3 0 .5 2 9 .3 2 7 .9 2 7 .0 2 5 .3 4 1 .8 4 4 .2 4 6 .9 4 9 .1 5 2 .5 2 .9 5 .4 7 .7 9 .1 1 1 .2 0 .2 0 .7 1 .5 2 .1 2 .5 0 .0 0 .5 0 .6 0 .8 1.0 2 .6 4 .3 5 .5 6 .2 7 .7 1915 1916 1917 1918 1919 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 I I I I 4 5 .2 4 6 .2 4 5 .9 4 4 .3 4 5 .0 21 .4 2 1 .6 2 1 .4 2 0.8 2 1 .3 2 3 .9 2 4 .6 2 4 .5 23. 5 2 3 .7 5 4 .8 5 3 .8 5 4 .1 5 5 .7 5 5 .0 1 4 .7 1 6.2 1 8 .5 2 1 .5 2 5 .5 3 .4 3 .5 3 .8 6 .4 9 .4 1 .3 1 .7 1 .8 2 .0 2 .2 9 .9 11.1 1 2 .9 1 3 .1 1 3 .8 1920 1921 1922 1923 1924 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 100.0 | f I f | 4 3 .5 3 9 .0 4 3 .8 4 4 .9 4 5 .0 2 0 .5 1 8 .4 2 0 .8 2 1 .3 2 1 .5 2 3 .0 2 0 .6 2 3 .0 23. 5 2 3 .4 5 6 .5 6 1 .0 5 6 .2 5 5 .1 5 5 .0 2 5 .2 2 4 .7 2 1 .8 2 2 .4 2 3 .1 9 .7 1 1 .3 8 .6 8 .2 7 .7 2 .7 3 .5 4 .0 3 .9 4 .3 1 2 .7 1 0 .0 9 .3 1 0 .3 1 1 .1 1925 1926 1927 1928 1929 1 0 0 .0 100.0 1 0 0 .0 100.0 1 0 0 .0 1 | { | I 4 9 .4 4 8 .0 4 6 .4 4 6 .0 4 4 .4 2 3 .7 2 3 .0 2 2 .2 2 2 .0 2 1 .4 2 5 .7 2 4 .9 2 4 .2 2 4 .0 2 3 .0 5 0 .6 5 2 .0 5 3 .6 5 4 .0 5 5 .6 2 7 .3 2 8 .8 2 9 .8 2 9 .9 3 1 .6 8 .9 9 .3 9 .7 9 .9 1 0 .3 5 .6 6 .4 7 .4 7 .9 8 .3 1 2 .7 1 3.1 1 2 .7 12.1 1 3 .0 1930 1931 1932 1933 1934 100.0 1 0 0 .0 100.0 100.0 1 0 0 .0 | 1 | | | 4 1 .3 3 8 .6 3 8 .1 4 0 .8 4 3 .2 1 9 .9 1 8 .6 1 8 .3 1 9 .4 2 0 .6 2 1 .4 2 0 .0 1 9 .9 2 1 .4 2 2 .6 5 8 .7 6 1 .4 6 1 .9 5 9 .2 5 6 .8 3 0 .2 3 1 .3 3 1 .2 2 8 .3 2 7 .7 1 0 .8 1 1 .3 1 0 .9 9 .3 8 .8 7 .2 6 .9 6 .4 6 .1 6 .0 1 2.1 1 3.1 1 3 .9 1 2 .9 1 2 .9 1935 1936 1937 1938 1939 100.0 100.0 1 0 0 .0 100.0 1 0 0 .0 | | 1 | I 4 2 .0 4 1 .9 3 8 .8 3 7 .8 3 5 .5 2 0 .2 2 0 .6 19.1 1 8 .6 1 7.2 2 1 .8 2 1 .3 1 9 .7 1 9 .2 1 8 .3 5 8 .0 5 8 .1 6 1 .2 6 2 .2 6 4 .5 2 9 .5 3 1 .6 3 5 .3 3 5 .7 3 6 .5 1 0 .1 1 1 .8 1 4 .3 1 5 .4 1 4 .6 6 .2 6 .9 7 .7 7 .9 8 .7 1 3 .3 1 2 .9 1 3 .3 1 2 .4 1 3 .2 1940 1941 1942 1943 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 I I I I 3 5 .1 3 5 .5 2 6 .4 2 9 .4 3 1 .6 17.1 1 7 .4 13.0 1 4 .6 15.7 1 8.1 1 8 .2 1 3 .4 1 4 .8 1 5 .9 6 4 .9 6 4 .5 7 3 .6 7 0 .6 6 8 .4 3 7 .3 3 8 .9 4 2 .2 3 8 .6 3 6 .1 1 4 .6 1 6 .0 1 9 .3 1 7 .2 1 6 .5 9 .0 9 .2 1 1.1 1 1 .4 1 1 .1 1 3 .7 1 3 .7 1 1 .9 10.1 8 .5 CAPITAL CONSUMPTION ALLOWANCES (DEPRECIATION ALLOWANCES AND ACCIDENTAL DAMAGE) PERCENTAGE OF TOTAL B U IL D IN G S TOTAL TOTAL MACHINERY AND LAND IMPROVEMENTS O PERATORS* D W ELLIN G S MOTOR V E H IC L E S OTHER TOTAL I_________ J __ 1QIAL. 1945 1946 1947 1948 1949 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1950 1951 1952 1953 1954 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 00 .0 1 0 0 .0 1955 1956 1957 1958 1959 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1960 1961 1962 1963 1964 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1965 1966 1967 1968 1969 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1970 1971 1972 1973 1974 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1975 1 0 0 .0 1 1 t 1 1 1 1 1 1 1 1 1 1 1 1 1 » » 1 1 I 1 1 ( 1 1 1 1 1 1 1 » 1 1 1 1 f 1 1 1 1 V \ 1 3 6 .6 4 4 .0 4 3 .1 3 7 .7 3 1 .0 1 8 .2 2 1 .7 2 0 .4 1 7 .7 1 4 .5 1 8 .4 2 2 .3 2 2 .7 2 0 .0 1 6 .5 2 9 .3 3 0 .0 2 7 .2 2 7 .1 2 8 .1 1 3 .7 1 3 .9 1 2 .6 1 2 .5 1 2 .9 1 5 .6 1 6 .0 1 4 .6 1 4 .6 1 5 .2 2 9 .0 2 7 .2 2 7 .8 2 7 .0 2 7 .0 1 3 .4 1 2 .4 1 2 .5 1 2 .3 1 2 .1 1 5 .6 1 4 .8 1 5 .3 1 4 .7 1 4 .9 2 7 .9 2 8 .8 2 9 .3 3 0 .0 3 0 .8 1 3 .0 1 3 .4 1 3 .6 1 3 .9 1 4 .3 1 4 .9 1 5 .5 1 5 .7 1 6 .1 1 6 .5 3 1 .4 3 0 .6 3 0 .9 3 1 .0 3 2 .4 1 4 .7 14.1 14.1 1 3 .7 1 4 .0 1 6 .7 1 6 .5 1 6 .8 1 7 .3 1 8 .4 3 2 .1 3 2 .4 3 3 .4 3 4 .8 3 4 .5 1 3 .5 1 3 .4 1 3 .6 1 4 .4 1 3 .7 1 8 .6 1 9 .0 1 9 .8 2 0 .4 2 0 .8 1 3 2 .8 1 3 .2 1 9 .6 1 1 1 1 1 1 1 I 1 1 1 1 1 1 1 1 1 1 1 I -IEA&IIIEuL TRUCKS .AUIP5 - 6 3 .4 5 6 .0 5 6 .9 6 2 .3 6 9 .0 2 9 .5 2 8 .0 2 9 .5 3 2 .7 3 6 .2 1 3 .7 1 2 .8 12.2 1 2 .9 1 4 .4 8 .3 8 .9 1 0 .9 1 3 .1 1 3 .3 7 .6 6 .3 6 .4 6 .7 8 .5 7 0 .7 7 0 .0 7 2 .8 7 2 .9 7 1 .9 3 7 .8 3 7 .5 3 8 .5 3 8 .3 3 7 .8 1 4 .9 1 4 .9 1 5 .5 1 5 .7 1 5 .2 1 3 .0 1 2.1 1 1 .7 1 0 .7 1 0 .0 9 .9 1 0 .4 1 1 .4 1 1 .9 1 2 .6 7 1 .0 7 2 .8 7 2 .2 7 3 .0 7 3 .0 3 7 .5 3 8 .6 3 8 .5 3 8 .7 3 8 .5 1 5 .2 1 6 .0 1 5 .8 1 6 .0 1 6 .0 9 .4 9 .6 9 .9 9 .9 1 0 .0 1 2 .9 1 2 .9 1 2 .8 1 2 .8 1 2 .5 7 2 .1 7 1 .2 7 0 .7 7 0 .0 6 9 .2 3 6 .8 3 5 .8 3 6 .1 3 5 .9 3 5 .1 1 5 .7 1 5 .2 15.1 1 4 .8 1 5 .1 9 .9 1 0 .5 1 1 .1 1 1 .2 1 1 .0 1 1 .2 1 0 .1 1 0 .0 9 .9 9 .1 6 8 .6 6 9 .4 6 9 .1 6 9 .0 6 7 .6 3 4 .0 3 3 .9 3 2 .5 3 1 .9 3 0 .5 1 5 .4 1 6 .0 1 6.1 1 6 .0 1 5 .4 1 0 .4 1 0 .4 9 .9 9 .6 9 .3 8 .1 7 .4 6 .5 6 .3 5 .7 6 7 .9 6 7 .6 6 6 .6 6 5 .2 6 5 .5 2 9 .5 2 9 .5 2 8 .5 2 7 .5 2 7 .2 1 5 .0 1 4.8 1 4 .2 1 4 .2 1 5 .2 9 .2 9 .7 9 .4 8 .9 8 .2 5 .3 5 .0 4 .8 4 .4 3 .9 6 7 .2 2 6 .8 1 5 .7 7 .7 3 .4 I 1 1 1 1 I 1 i i 1 I 1 1 1 1 1 1 1 1 1 > 1 102 TABLE 830.1 YEAR C A P IT A L NET INVESTM ENT (E X P E N D IT U R E S L E S S CONSUMPTION ALLOWANCES) AMOUNTS IN M IL L IO N S OF DOLLARS 1 f ) I 1 9 1 0 .....| 1 911..........1 1912..........I 1 9 1 3 .....| 1 91 4 ..........| II 1915..........1 1916.......... 1 1917..........| 1918.......... | 1 919..........| i 1920..........I 1 9 2 1 .....) 1 9 2 2 ..........1 1 9 2 3 .....| 1924..........| i TOTAL 115. 87. 91. 71. 98. 86. 123. 2 01. 55. 237. 188. -491. -302. -141. -223. 1 B U IL D IN G S | 1 TOTAL 1 1 | 1 1 ! ii 1 ! 1 1 1 1 1 | | 1 1 | 1 AND LAND IM PROVEM ENTS! 1 O PERATO RS• | D W ELLIN G S OTHER I -6. -22. -5. -1. 15. -4. -12. -4. -1. 7. -2. -10. -1. 0. 8. -8. 48. 121. 78. 185. -3. 25. 46. 1 5. 5 1. -5. 23. 75. 63. 134. 39. -1 8 2 . -140. -106. -130. 18. -93. -75. -59. -72. 21. -89. -65. -47. -58. | I 1 I 1 i -120. -128. -58. -83. -100. -66. -67. -38. -42. -49. -54. -61. -20. -41 . -51. 1 93 0 ..........t 1931..........1 1 932..........| 1 93 3 ..........1 1934..........| | -238. -448. -540. -447. -263. 1 1 I 1 I | -2 0 1 . -233. -243. -206. -211. -83. -100. -110. -96. -102. -118. -133. -133. -110. -109. 193 5 ..........| 1 9 3 6 .....1 1937.......... | 1938..........I 1939..........| -81. 58. 151. -102. 50. | I I 1 I | -1 4 4 . -136. -72. -97. -7. -78. -84. -56. -72. -24. -66. -52. -16. -25. 17. 132. 393. -39. -335. 2 36. 1 | 1 | 1 ___ L 24. 21. -10. -25. 8. 3. -4. -48. -91. -113. i | 1940..........| 1 941..........| 1942..........1 1943..........I 1944..........| 1 TOTAL MOTOR V E H IC L E S i 1 1 1 J --JQ1AL --..IBACID&S____TRUCKS_____ AUIDS -29. -21. -6. 1 6. 50. 1925..........I 1 92 6 ..........| 1 927..........| 1 928..........f 1929..........| MACHINERY 21. 25. 38. 66. 121. ______________ OTHER L 121. 109. 96. 7 2. 83. 2 4. 2 4. 26. 12. 33. 4. 5. 8. 1. 11 . 3. 1. 3. 1. 4. 17. 18. 15. 10. 18. 97. 85. 70. 60. 5 0. 94. 75. 80. -23. 52. 64. 68. 1 13 . 73. 156 . 14. 15. 34. 89. 105 . 8. 8. 9. 1. 8. 4 2. 45. 7 0. -17. 4 3. 30. 7. -33. -96. -104. 1 | | 1 | 1 I | | | | 1 l 1 | | | | I1 | I | | | I 149. -309. -162. -35. -93. 70. -95. 9. 64. 42. 5 3. -51. -16. 2. 1. 34. 11. 10. 6. 27. -17. -55. 15. 5 6. 14. 79. -214. -171. -99. —13* • 91. 107. 52. 9 9. 150. 7 1. 60. 17. 53. 91. 1 3. 22. 33. 12. 48. 24. 25. 12. 17. 10. 34. 13. -28. 24. 33. 20. 47. 35. 46. 5 9. -37. -215. -297. -241. -52. 0. -60. -1 1 1 . -79. 61. 12. -44. -58. -38. 2. -15. -20. -22. -1. 11. 3. 4. -31. -40. 48. -37. -155. -186. -162. -113. 6 3. 194. 223. -5. 57. 91 . 171. 148. -21. 61. 50. 81. 109. 24. 37. 3 2. 42. 31. -12. 5. 9. 48. 8. -33. 19. -28. 23. 75. 16. -4. 1 | I | 1 L 108. 372. -29. -310. 228. 8 7. 237. -154. -228. -16. 81. 1 56. 28. -80. 105. 9. 3 6. -45. -35. -32. -3. 45. -137. -113. -89. 21. 135. 125. -82. 244. | | I I 1 1 f | | | | | 1 TABLE 830.1 YEAR 194 5 .......... 194 6 ......... 1 9 4 ? .... 1 948.......... 1949.......... 1 950.......... 1 95 1 .......... 1 9 5 2 ......... 195 3 .......... 1 954......... CAPITAL NET INVESTMENT (EXPENDITURES LESS CONSUMPTION ALLOWANCES) AMOUNTS IN MILLIONS OF DOLLARS 1 1 1 I 1 1 1 1 1 1 1 i I \ 1 1 1 1 1 1 95 5 ......... ►1 1 956......... . 1 1 957......... . I 1 958......... >1 1 95 9 ......... ►1 | 1 96 0 ......... ►1 1961......... ►1 1 96 2 ......... ►1 1 963......... ►( 1964......... ►1 | 1 965......... , I 1966......... ►1 1 967......... 1 1 968......... . | 1 9 6 9 ......... ►1 1 1 9 7 0 . . . . , ►1 1971 ......... ►f 1 97 2 ......... .1 1973......... , I 1 97 4 ......... •1 | 197 5 ......... . 1 TOTAL 375. 1006. 1 87 5. 2482. 2 35 9. 2009. 1 77 3. 1254. 1 27 4. 5 83 . 445. 75. 1 0. 494. 817. 151. 226. 492. 715. 785. 994 . 1 304. 1 66 5. 496. 291. ! B U IL D IN G S 1. f TOTAL 1 1 I 8. | 638. 1 764. | 885. 1 | 837. j f 1 \ | 1 |1 I ! | \ f i | 1 | | | | | 1 | | \ 313. 379. 323. 272. 5 05 . 475. 483. 506. 478. 407. 322. 431. 527. 224. 212. 5 25 . 7. 158. 1764. 1 83 6. I | | ? | | 199. 99. -283. -49. 456. 187. 1 -289. \ J__________ L 740. 655. 709. 5 90 . 419. AND LAND IMPROVEMENTS 1 1 OPERATORS f 1 OTHER D W ELLIN G S ) 1 1 121. -113. 1 487. 151. 1 237. 5 27 . I 538. 347. I 3 40 . 497. 1 il 277. 463. 1 429. 226. 1 246. 463. 1 1 88 . 402. 1 309. 110. 1 1 1 37. 276. 1 67. 312. 1 47. 276. 1 250. 22. 1 24. 481 . 1 1 -79. 554. 1 6. 477. 1 -66. 572. 1 -88. 566. 1 -115. 522. 1 1 I -212. 5 34 . 1 -165. 5 96 . 1 729. -202. 1 -304. 5 28 . I -268. 480. 1 ii -418. -420. -510. -749. -580. 617. 519. 227. 700. 1 036. -918. 629. 1 1 1 1 1 I f I J_ MACHINERY TOTAL i 1 1 MOTOR V E H IC L E S TOTAL TRACTORS TRUCKS 1 ________ . 1 _ .... A U T O S ..1 OTHER 367 . 368. 1111. 1597. 1522. 58. 228. 648 • 843. 933 . 97. 89. 260. 403. 425. -15. 110. 294. 273. 225. -24. 29. 94. 172. 283 . 309. 1 40 . 463. 749. 589. 1269. 1 118. 5 45 . 6 84 . 164. 726. 5 53 . 138. 481. 96. 372. 338. 241. 1 79 . 26. 155 . 6 8. -40. 9. 18. 199. 187. -63. 293. 52. 543. 525. 407. 203. 68 . 132 . -304. -313. 2 22 . 312. 96. -191. -131. 52. 48. 125. -71. -98. 35. 116. -37. -33. -16. -16. 0. 8. -87. -17. 33. -68. 36. -113. -182. 170 . 264. -324. -257. -14. 237 . 378. -254. -159. 13. 61. 145. -188. -89. 4. 91. 110. -1. 13. 13. 16. 48. -65. -83. -4. -46. -13. -70. -98. -27. 1 76 . 233. 6 72. 8 73 . 1 138. 272. 79. 204. 290. 251. 85. 1. 1 98 . 349. 236. 179. 5 9. -5. -51. 6. -61. -44. 11. -8. 9. -33. -14. 468. 5 83 . 887. 1 87 . 7 8. 3 26 . -92. 441. 1813. 1 38 0. 39. -31. 220. 602. 487. 1 08. 100. 295. 656. 623. -22. -81. -70. -66. -31. -47. -50. -5. 12. -105. 287. -61. 221. 1 21 1. 893. 476. 308. 450. -43. -99. 166 • 103 104 AGRICULTURAL FINANCE DATABOOK— ANNUAL SERIES 900 SEPTEMBER 1976 INCOME, EXPENSES, AND CASH FLOW 920 GROSS FARM INCOME, 1910-DATE 9 2 1 .1 9 2 1 .2 9 2 1 .3 9 2 1 .4 930 AMOUNTS........................................................... .............................................. ............... ..1 0 6 CHANGE FROM P R E V IO U S Y E A R .................. ................................................................1 0 8 PERCENTAGE CHANGE FROM P R E V IO U S Y E A R ....................... , . .1 1 0 PERCENTAGE D IS T R IB U T IO N . . ....................................................................... 112 FARM PRODUCTION E X P E N S E S , 9 3 1 .1 9 3 1 .2 9 3 1 .3 9 3 1 .4 1910-DATE AMOUNTS.................................................................................... .......1 1 4 CHANGE FROM P R E V IO U S Y E A R ...................................................................................... 1 1 6 PERCENTAGE CHANGE FROM P R E V IO U S Y E A R ..............................................................1 1 8 PERCENTAGE D IS T R IB U T IO N .................................................... ..1 2 0 (CON T I N U E D ) AGRICULTURAL FINANCE DATABOOK— ANNUAL SERIES 900 INCOME* 940 EXPEN SES, AND CASH FLOW CASH FLOW AND N ET INCOM E, 941 IN 942 • 1 9 4 2 .2 9 4 2 .3 950 1967 DOLLARS AMOUNTS ........................................................................................... 130 CHANGE FROM P R E V IO U S Y E A R .................................................................... 132 PERCENTAGE CHANGE FROM P R E V IO U S Y E A R ................................................................134 1960-DATE CURRENT DOLLARS 9 5 1 .1 9 5 1 .2 9 5 1 .3 951 .4 952 1910-DATE AMOUNTS.................................................................................................................................. 122 CHANGE FROM P R E V IO U S Y E A R ......................................................................................... 124 PERCENTAGE CHANGE FROM P R E V IO U S Y E A R . . ................ 126 PERCENTAGE D I S T R I B U T I O N . . .........................................................................................128 CASH FLOW AND NET INCOM E, 951 (C O N TIN U ED ) CURRENT DOLLARS 9 4 1 .1 9 4 1 .2 9 4 1 .3 9 4 1 .4 942 SEPTEMBER 1976 IN 9 5 2 .1 9 5 2 .2 9 5 2 .3 9 5 2 .4 AMOUNTS.................................................................................................................................. 136 CHANGE FROM PR E V IO U S Y E A R .......................... ............................................................. 136 PERCENTAGE CHANGE FROM PR E V IO U S Y E A R .................. 137 PERCENTAGE D IS T R IB U T IO N ............................... .. 1 3 7 1967 DOLLARS AMOUNTS.................................................................................................. 138 CHANGE FROM P R E V IO U S Y E A R ........................................ 138 PERCENTAGE CHANGE FROM P R E V IO U S Y E A R ................................................................ 139 PERCENTAGE D IS T R IB U T IO N ............................................................................................. 139 NATIONAL ECONOMIC ANALYSIS DIVISION, ECONOMIC RESEARCH 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 941.1. 105 106 TABLE 921.1 YEAR | GROSS FARM INCOME AMOUNTS IN MILLIONS OF DOLLARS TOTAL 1 9 1 0 ... | 1 9 1 1 ...| 1 9 1 2 .. .1 1 9 1 3 .. . I 1 9 1 4 .. .1 7689. 6923. 8242. 7653. 8135. 1 9 1 5 ...| 1 9 1 6 ...| 1 9 1 7 ...! 1 9 1 8 ...1 I9 1 9 ...f 8 38 7 . 9305. 14296. 162 94 . 17316. 1 9 2 0 ...! 1 9 2 1 ... | 1 9 2 2 ...1 1 9 2 3 ... ! 1 9 2 4 ...! 1 6 6 32 . 10008. 10957. 1 2122. 12302. 1 9 2 5 ...! 1 9 2 6 ... ! 1 9 2 7 ... ! 1 9 2 8 ... ! 1 9 2 9 ... ! 14081. 1 33 09 . 13161. 13738. 13816. 1 9 3 0 ...! 1 9 3 1 ...! 1 9 3 2 ...! 1 9 3 3 ... | 1 9 3 4 ...! 11203. 8881. 6515. 6913. 7638. 1 9 3 5 ... ! 1 9 3 6 ...1 1 9 3 7 ...! 1 9 3 8 ...| 1 9 3 9 ...! 10394. 9950. 12183. 1 0281. 10680. 1 9 4 0 ...I 1 9 4 1 ...! 1 9 4 2 ...! 1 9 4 3 ...* 1 9 4 4 ...* 11340. 1 42 71 . 198 93 . 23344. 24038. * | ! 1 ! 1 I ! 1 ! ! i 1 1 1 1 ! * i ! 1 1 1 ! ii » ! » * * ii 1 ! 1 ! ! ti 1 ! » ! ! 1 ! » * 1 I _JL CASH R E C E IP T S TOTAL M ARKETINGS ! 1 ____ 1___ TOTAL___ _ L IV E S T O C K ___ CROPS. * GOVERNMENT! I PAYMENTS 1 1 * OTHER FARM INCOME 5 78 0. 5 58 4. 6008. 6 23 8. 6036. 5 78 0. 5 58 4. 6008. 6238. 6036. 2 851. 2679. 2913. 3161. 3137. 2929. 2905. 3095. 3077. 2899. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 6 39 2. 7746. 10736. 1 34 67 . 14538. 6392. 7 74 6. 10736. 13467. 14538. 3129. 3711. 5094. 6493. 6 935. 3263. 4035. 5 642. 6974. 7 60 3. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 12600. 8 05 8. 8 57 5. 9545. 102 25 . 126 00 . 8 05 8. 8 57 5. 9545. 10225. 5 95 6. 3952. 4275. 46 80. 4 81 2. 6644. 4106. 4300. 4865. 5 41 3. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 110 21 . 1 0 5 58 . 1 0 7 33 . 10991. 113 12 . 11021. 1 05 58 . 10733. 10991. 11312. 5476. 5 68 3. 5608. 603 5. 6 18 2. 5 54 5. 4875. 5 12 5. 4956. 5 130. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 9055. 6 38 1. 4748. 5463. 6 80 3. 9 05 5. 6381. 4748. 5 33 2. 6 35 7. 5187. 3841. 2 75 2. 2846. 3336. 3 86 8. 2540. 1 99 6. 2486. 3 02 1. 0. 0. 0. 1 31. 446. 0. 0. 0. 0. 0. 7 69 3. 8 66 9. 9 200. 8169. 8635. 7120. 8391. 8 86 4. 7723. 7872. 4 143. 4 74 2. 4 94 0. 4523. 4 53 6. 2977. 3649. 3924. 3200. 3336. 5 73 . 2 78 . 336. 446. 763. 0. 0. 0. 0. 0. 8 38 2. 4913. 6492. 9 03 9. 11493. 11351. 3469. 4619. 6526. 8127. 9185. 7 23 . 544. 650. 645. 776. 0. 0. 0. 0. 0. 9105. 11655. 16215. 20265. 21312. 11111. 15565. 19620. 20536. » ! ! ! ! » I 1 » » ! ii » 1 1 ! i i p U N R EA LIZ ED TOTAL AND NONMONEY INCOME |NET CHANGE| HOME 1 RENTAL | IN (CONSUM PTION| VALUE OF 1 INVENTORY 1________________ 1DWELL IN GS 1909. 1339. 2 23 4. 1415. 2099. 212. -260. 5 79. -266. 417. 1270. 1 165. 1204. 1 22 2. 1228. 4 27 . 434 . 451. 459. 4 54. 199 5. 1 55 9. 35 6 0 . 2827. 2778. 327. -338. 9 86 . -1 5 3 . -509. 1 19 2. 1384. 2003. 2341. 255e>. 476. 513. 571. 6 39 . 7 31. » 1 1 1 ! Ii ! ! » ! 1 il 1 ! 1 » ! i i 4-032 • 1 95 0. 2 38 2. 2 57 7. 207 7. 6 88. -565. -102. -45. -48 3 . 2 5 09. 1746. 1717. 1772. 1706. 835. 7 69. 767. 8 50 . 854 . 3 06 0. 2751 . 2 428. 2 74 7. 2 504. 365. 7. -175. 140. -122. 1827. 1875. 1 72 5. 1724. 1713. 868. 8 69. 878. 883. 913. 2 148. 2 50 0. 1 76 7. 1450. 835. -269. 460. 110. -194. -9 3 0 . 1552. 1265. 993. 1 030. 1125. 865. 7 75 . 6 64 . 614 . 640. ! ! » ! * i l ! ! 1 ! ! 2701. 1281. 2 98 3. 2 11 2. 2045. 698. -806. 8 16 . 132. 95. 1 32 0. 1394. 1434. 1 235. 1209. 683. 693. 733. 745. 741. 2 23 5. 2 61 6. 3 678. 3079. 2726. 2 81. 420. 1099. -53. -410. 1210. 1429. 175 8. 2253. 2181. 744. 7 67. 8 21 . 879. 955. TABLE 921.1 GROSS FARM INCOME AMOUNTS IN MILLIONS OF OOLLARS YEAR 1 1 f 1 1 1 1 9 4 5 ,..f 1 9 4 6 .. . | 1 9 4 7 .. .1 1 9 4 8 ... | 1 9 4 9 ...| 1 1 1 9 5 0 ...| 1 9 5 1 ...| 1 9 5 2 ...! 1 9 5 3 ...| 1 9 5 4 ...| i TOTAL . . . . . . . 2 53 74 . 2 95 68 . 3 2 3 86 . 36454. 30762. 33103. 38282. 3 77 51 . 34447. 34181. 1 9 5 5 ...! 33476. 33959. 1 9 5 6 .. .1 1 9 5 7 ...» 34788. 1 9 5 8 ...| 3 89 58 . 1 9 5 9 ...! 3 7 8 90 . i I9 6 0 ...! 3 88 94 . 1 9 6 1 ...! 40547. 1 9 6 2 ...! 42343. 1 9 6 3 .. .1 43368. 1 9 6 4 ...| 42304. j 1 9 6 5 ...| 46549. 1 9 6 6 ...| 5 04 68 . 1 9 6 7 ...! 50520. 1 9 6 8 ...! 51847. 1 9 6 9 ...! 56408. j 1 9 7 0 ...| 5 85 75 . 1 9 7 1 ...! 62000. 1 9 7 2 ...| 70980. 1 9 7 3 .. . | 98911. 1 9 7 4 ...! 98914. j 1 9 7 5 . . . | 1 01 04 3. __________ L ! » ! ! 1 1 CASH RECEIPTS !GOVERNMENT| I PAYMENTS | MARKETINGS TOTAL .... __ _ _ . _ _ IOIAL. _ LIVESTOCK CROPS. 1_ _ J_ OTHER FARM INCOME 2 24 05 . 2 55 74 . 2 99 34 . 30484. 27990. 2 1 6 63 . 24802. 2 9 6 20 . 3 02 27 . 2 7 8 05 . 12008. 13786. 16527. 17129. 15409. 9655. 11016. 13093. 13098. 12396. 742. 772. 314. 257. 185. 0. 0. 0. 0. 0. 2 87 64 . 33186. 328 73 . 31298. 30190. 2 84 61 . 3 2 8 58 . 3 2 5 28 . 3 1 0 01 . 2 98 32 . 16105. 19619. 18238. 16923. 16276. 1 23 56 . 13239. 14290. 14078. 1 35 56 . 283. 286. 275. 213. 257. 20. 42. 70. 84. 101. 29842. 31096. 3 0 8 99 . 34767. 34556. 29490. 3 0 4 01 . 29714. 33456. 33647. 15967. 16363. 17376. 19227. 18904. 13523. 140 38 . 12338. 142 29 . 14743. 229. 554, 1 01 6. 1 08 9. 682. 1 23 . 1 41. 1 69. 2 22 . 227. 351 94 . 36900. 38472. 39458. 3 98 43 . 34248. 351 64 . 36468. 37477. 37326. 18989. 19514. 2 01 58 . 20047. 199 48 . 15259. 15650. 16310. 174 30 . 17378. 702. 149 3. 174 7. 1696. 2181. 244. 243. 257. 285. 3 36. 42215. 47128. 46380. 48166. 5 2 5 32 . 3 93 65 . 43435. 42817. 44183. 48179. 218 86 . 25026. 24383. 25487. 28573. 17479. 184 09 . 18434. 186 96 . 19606. 2463. 3277. 3079. 3462. 3794. 387. 416. 484. 5 21 . 5 59 . 1 I ! I 1 5 47 99 . 5 66 45 . 65814. 90488. 94072. 5 05 39 . 52859. 61190. 87068. 92648. 295 63 . 30583. 3 5670. 45936. 413 77 . 2 0 9 76 . 2 22 76 . 2 55 20 . 41132. 5 1271. 371 7. 3145. 3 96 1. 260 7. 530. 543. 641. 663. 813. 894. ! 91372. 89563. 42902. 4 6 6 61 . 807. 1 00 2. t 1 1 ! 1 i f 1 1 ! ! 1 i f » 1 1 1 » ii ! 1 1 1 ! fi ! 1 1 ! I ii 1 1 -J— * ! ! ! ! ! » 1 J 1 I ii ! » i ! » ii 1 » » i ! iI ! ! ! I ! ii ! ! ! ! ! i i 1 ! ! * 1 1 ! _± _. UNREALIZED AND NONMONEY INCOME TOTAL (NET CHANGE! HOME ! RENTAL ! IN (CONSUMPTION! VALUE OF J INVENTORYi __ (DWELLINGS 2 96 9. 3994. 2 45 2. 5970. 2 77 2. -439. 29. -1760. 1732. -866. 235 6. 266 2. 2765. 2 73 3. 223 0. 1052. 1 303. 1447. 150 5. 1408. 4339. 5 09 6. 4878. 3149. 399 1. 8 12 . 1 18 4. 922. -623. 491. 2 06 3. 2304. 2220. 200 7. 1789. 1464. 1 608. 1736. 1765. 1711. 3634. 2 86 3. 3889. 4 19 1. 3334. 215 . -456. 618. 825. 14. 1678. 1 58 5. 1 48 4. 1 50 5. 1 289. 1741. 1734. 1 787. 1 861. 2031. 37 0 0 . 3 64 7. 3871. 3910. 2461. 3 97 . 3 36. 6 20 . 629. -817. 1205. 110 9. 993. 921. 8 35 . 2098. 2202. 2 25 8. 2 36 0. 2443. 4334. 3340. 4140. 3 68 1. 3 87 6. 1042. -83. 657. 124. 99. 8 11 . 8 24 . 736. 719. 731. 2481. 2599. 2747. 2838. 3046. 3776. 5355. 5166. 8 42 3. 48 4 2 . 6. 1397. 861. 3406. -1289. 751 . 7 32 . 831. 1104. 1300. 3 01 9. 3226. 3 47 4. 3 91 3. 4 83 1. 9671. 2 86 8. 1268. 5535. THESE USDA SERIES INCLUDE SHARE RENT AND GOVERNMENT PAYMENTS RECEIVED BY LANDLORDS. 107 108 TABLE 921.2 GROSS FARM INCOME CHANGE FROM PREVIOUS YEAR IN MILLIONS OF DOLLARS U N R EA LIZ ED CASH R E C E IP T S 1 AND NONMONEY INCOME \ YEAR TOTAL 1 9 1 1 ... 1 9 1 2 ... 1 9 1 3 ... 1 9 1 4 ... -766. 1319. -589. 482. 1 9 1 5 ... 1 9 1 6 ... 1 9 1 7 ... 1 9 1 8 ... 1 9 1 9 ... 252. 918. 4991. 1998. 1022. 1 9 2 0 ... 1 9 2 1 ... 1 9 2 2 ... 1 9 2 3 ... 1 9 2 4 ... -684. -6624. 949. 1165. 1 80 . 1 9 2 5 ... 1 9 2 6 ... 1 9 2 7 ... 1 9 2 8 ... 1 9 2 9 ... ,1779. -772. -148. 577. 78. 1 9 3 0 ... 1 9 3 1 ... 1 9 3 2 ... 1 9 3 3 ... 1 9 3 4 ... -2613. -2322. -2366. 398. 725. 1 9 3 5 ... 1 9 3 6 ... 1 9 3 7 ... 1 9 3 8 ... 1 9 3 9 ... 2756. -444. 2233. -1 9 0 2 . 399. 1 9 4 0 ... 1 9 4 1 ... 1 9 4 2 ... 1 9 4 3 ... 1 9 4 4 ... 660. 2931. 5622. 3451. 694. 1 1 I 1 1 1 1 1 fI TOTAL ________ I GOVERNMENT I OTHER M ARKETINGS FARM 1 PAYMENTS 1 ___________ TOTAL____ LIV ES T O C K ___CROPS_____1_______________ 1__ INCOME TOTAL (NET CHANGE) HOME 1 RENTAL 1 IN (CO NSUM PTIO N! VALUE OF . J IN VEN TO RY!________________ ID H ELL IN G S -196. 424. 230. -202. -196. 424 . 2 30 . -202. -1 7 2 . 234. 248. -24. -24. 190. -18. -178. 0. 0. 0. 0. 0. 0. 0. 0. -570. 895. -8 1 9 . 684. -472. 8 39. -845. 683. -105. 39. 18. 6. 7. 1 7. 8. -5. 356. 1354. 2 99 0. 2 73 1. 1 07 1. 3 56 . 1 35 4. 2990. 2731. 1071. -8. 582. 1383. 1399. 442. 364. 77 2 . 1607. 1332. 629. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. -104. -436. 2001. -733. -49. -90. -665. 1324. -1 1 3 9 . -356. -36. 192. 619. 3 38. 2 15 . 22. 37. 5 8. 6 8. 92. -1938. -4 5 4 2 . 517. 970. 680. -1938. -4542. 517. 9 70. 680. -9 7 9 . -2 00 4. 3 23 . 405. 132. -959. -2 5 3 8 . 194. 565. 548 . 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 1254. -2082. 432. 195. -500. 1197. -1253. 463 . 5 7. - 4 38 . -47. -763. -29. 5 5. -66. 104. -66. -2. 83. 4. 796. -463. 1 175 . I 2 58. f 3 21 . t i 1 -2257. 1 -2 6 7 4 . 1 -1633. 715 . I 1340. I il 8 90 . 1 976. I 531. 1 1 -1031. 466. 1 il 470. 1 2 55 0. 1 4560. 1 4 05 0. 1 1 1047. _L. 796. -463. 175. 258. 3 21 . 664. 207 . -75. 427. 147. 132. -670. 250. -169. 174. 0. 0. 0. 0. 0. 0. 0. 0. 0. 0. 983. -309. -323. 319. -243. 8 48. -358. -182. 315. -2 6 2 . 121 . 48. -150. -1. -11. 14. 1. 9. 5. 30. -2257. -2674. -1633. 584. 1025. -995. -1 3 4 6 . -1089. 94. 4 90 . -1262. -1 3 2 8 . -544. 490. 535. 0. 0. 0. 131 . 315. 0. 0. 0. 0. 0. -356. 352. -733. -317. -615. -147. 729. -3 5 0 . -3 0 4 . -736 • -161. -287. -272. 37. 95. -48. -90. -111. -50. 26. 7 63. 127 1. 473. -1141. 149. 807. 599. 198. -4 1 7 . 13. -44. 672. 275. -724. 136. 127. -295. 58. 110. 317. 0. 0. 0. 0. 0. 1866. -1 4 2 0 . 1702. -871. -67. 1628. -1504. 1622. -6 8 4 . -37. 195. 74. 40. -199. -26. 43. 10. 40. 12. -4. 510. 2 72 9. 4454. 4055. 9 16 . 377. 1579. 2547. 2 45 4. -142. 133. 1150. 1907. 160 1. 1 05 8. -40. -179. 106 . -5. 131. 0. 0. 0. 0. 0. 190. 381 . 1062. -599. -353. 186. 139. 679. -1152. -357. 1. 219. 329. 495. -72. 3. 2 3. 54. 58. 76. 1 I 1 1 1 i 1 I 1 1 1 1 (! J TABLE 921.2 t 1 YEAR | 1 1 1 1 9 4 5 ... | 1 9 4 6 ...| 1 9 4 7 ...| 1 9 4 8 ...| 1 9 4 9 ...| j GROSS FARM INCOME CHANGE FROM PREVIOUS YEAR IN MILLIONS OF DOLLARS U N R E A L IZ E D CASH R E C E IP T S TOTAL M ARKETINGS I TOTAL _. TOTAL . . L IV ES T O C K CROPS GO VERNM ENT! 1 PAYMENTS ! I J- OTHER FARM INCOME ! J 1 TOTAL AND NONMONEY INCOME |NET CHANGE! HOME ! RENTAL 1 IN ! CO NSUM PTIO N! VALUE OF 1 IN VEN TO RY!________________ iD W E L LIN G S 1336. 4194. 2818. 4068. -5692. ! ! ! ! 1 1 09 3. 3169. 4360. 550. -2494. 1127. 3139. 4818. 607. -2422. 657 . 1778. 2741. 602. -1 7 2 0 . 470. 1 36 1. 2077. 5. -702. -34. 30. -458. -57. -72. 0. 0. 0. 0. 0. | ! 1 ! 1 243. 1025. -1542. 3518. -3198. -29. 468. -1789. 3 49 2. -2 5 9 8 . 175. 306. 1 03. -32. -503. 97. 251. 144. 58. -97. 2341. 5179. -531. -3304. -266. ! | ! 1 | 774. 4422. -313. -1575. -1108. 656. 4397. -330. -1527. —1169• 6 96 . 3514. -1 3 8 1 . -1315. -647. -40. 883. 105 1. -212. -522. 98. 3. -11. -62. 44. 20. 22. 28. 14. 17. ! | ! | ! 1567. 757. -218. -1729. 842. 1678. 3 72 . -262. -1545. 1 11 4. -167. 241. -84. -213. -218. 56. 144. 128. 2 9. -54. 1 9 5 5 ...f -705. 1 9 5 6 ...| 483. 1 9 5 7 ...f 829. 1 9 5 8 ...| 4170. 1 9 5 9 ...| -1068. j 1 9 6 0 ...| 1004. 1 9 6 1 ...| 1653. 196 2 . . . | 1796. 1 9 6 3 .. .1 1025. 1 9 6 4 ...| -1064. j 1 9 6 5 .. .1 4245. 1 9 6 6 .. . | 3919. 1 9 6 7 ...! 52. 1 9 6 8 ...! 1327. 1 9 6 9 ...! 4561. | 1 9 7 0 ...! 2167. 1 9 7 1 ...! 3425. 1 9 7 2 ...| 8980. 1 9 7 3 ...! 27931. 1 9 7 4 ...! 3* j 1 9 7 5 ...! 2129. ______________ L_ | I | | | -348. 1 25 4. -197. 3868. -211. -342. 911. -687. 3742. 191. -309. 396. 1013. 1851. -323. -33. 5 15 . -1 7 0 0 . 1 89 1. 514 . -28. 325. 462. 73. -407. 22. 18. 28. 53. 5. 1 1 » I » -357. -771. 1026. 302. -857. -276. -671. 1074. 2 07 . -811. -111. -93. -101. 21. -216. 30. -7. 53. 74. 170. | | | | J 638. 1706. 1 572. 986. 385. 601. 916. 1304. 1 00 9. -151. 8 5. 525. 644. -111. -99. 516 . 391. 660. 1120. -52. 20. 791 . 254. -51. 485. 1 7. -1. 14. 28. 51. ! ! ! ! ! 366. -53. 224. 39. -1449. 383. -61. 2 84. 9. -1446. -84. -96. -116. -72. -86. 67. 104 . 56. 1 02 . 83. | ! | ! | 2372. 4913. -748. 1786. 4366. 2039. 4070. -618. 1366. 3996. 1 93 8. 3 14 0. -6 4 3 . 1 10 4. 3 08 6. 1 01 . 930. 25. 262. 910. 282. 814. -198. 383. 332. 51. 29. 68. 37. 38. J ! ! » ! 1 87 3. -994. 800. -459. 195. 1 859. -1125. 7 40 . -533. -25. -24. 13. -88. -17. 12. 38. 118. 148. 91. 208. ( | | J ! 2 26 7. 1 846. 9169. 24674. 3584. 2360. 2 32 0. 8331. 25878. 5580. 990. 1020. 5 08 7. 10266. -4 5 5 9 . 1 37 0. 1300. 3244. 156 12 . 10139. -77. -572. 816. -1 3 5 4 . -2 0 7 7 . -16. 98. 22. 150. 81. | ! J ! ! -100. 1579. -189. 3 257. -3581 . -93. 1391. -536. 2 54 5. -4695. 20. -19. 99. 273. 196. -27. 207. 248 . 4 39 . 918. ! -2700. -3085. 1525. -4 6 1 0 . 277. 108. ! 4829. 4 15 7. -32. 704. 1 9 5 0 ...| 1 9 5 1 ...| 1 9 5 2 ...| 1 9 5 3 .. .1 1 9 5 4 ...| j 109 110 TABLE 921.3 1 1 YEAR | 1 1 1 1 9 1 1 ...| 1 9 1 2 ...1 1 9 1 3 .. .1 1 9 1 4 ...| ■ 1 1 9 1 5 ...| 1 9 1 6 ...1 1 9 1 7 .. . I 1 9 1 8 .. .1 1 9 1 9 .. .1 i 1 9 2 0 .. .1 1 9 2 1 .. .1 1 9 2 2 .. .1 1 9 2 3 ...1 1 9 2 4 ...| | 1 9 2 5 ...| 1 9 2 6 ...f 1 9 2 7 .. .1 1 9 2 8 ...| 1 9 2 9 ...| | 1 9 3 0 ...| 1 9 3 1 ... | 1 9 3 2 .. .1 1 9 3 3 .. .1 1 9 3 4 ...| j 1 9 3 5 ...I 1 9 3 6 ...| 1 9 3 7 ...| 1 9 3 8 .. .1 1 9 3 9 ... | | 1 9 4 0 ...| 1 9 4 1 ...! 1942 . . . 1 1 9 4 3 ...I 1 9 4 4 ...f ______________ L GROSS FARM INCOME PERCENTAGE CHANGE FROM PREVIOUS YEAR U N R E A LIZ E D AND NONMONEY INCOME CASH R E C E IP T S TOTAL TOTAL 1 1 i M ARKETINGS TOTAL LIV EST O C K CROPS 1GOVERNMENT! OTHER FARM I PAYMENTS 1 J .... . 1 - INCOME TOTAL IN ET CHANGE! HOME ! RENTAL ! IN ! CONSUMPTION| VALUE OF 1 INVENTORY 1________________ iD W E LLIN G S _ - 1 0 .0 1 9 .1 - 7 .1 6 .3 - 3 .4 7 .6 3 .8 - 3 .2 - 3 .4 7 .6 3 .8 - 3 .2 - 6 .0 8 .7 8 .5 - 0 .8 - 0 .8 6 .5 - 0 .6 - 5 .8 ***** ***** ***** ***** ***** ***** ***** ***** - 2 9 .9 6 6 .8 - 3 6 .7 4 8 .3 ***** ***** ***** ***** - 8 .3 3 .3 1 .5 0 .5 1 .6 3 .9 1 .8 - 1 .1 3 .1 1 0 .9 5 3 .6 1 4 .0 6 .3 5 .9 2 1 .2 3 8 .6 2 5 .4 8 .0 5 .9 2 1 .2 3 8 .6 2 5 .4 8 .0 - 0 .3 1 8 .6 3 7 .3 2 7 .5 6 .8 1 2 .6 2 3 .7 3 9 .8 2 3 .6 9 .0 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** - 5 .0 - 2 1 .9 1 2 8 .4 - 2 0 .6 - 1 .7 ***** ***** ***** ***** ***** - 2 .9 1 6.1 4 4 .7 1 6 .9 9 .2 4 .8 7 .8 1 1 .3 1 1 .9 1 4 .4 - 4 .0 - 3 9 .8 9 .5 1 0 .6 1 .5 - 1 3 .3 - 3 6 .0 6 .4 1 1 .3 7 .1 - 1 3 .3 - 3 6 .0 6 .4 1 1 .3 7 .1 - 1 4 .1 - 3 3 .6 8 .2 9 .5 2 .8 - 1 2 .6 - 3 8 .2 4 .7 1 3 .1 1 1 .3 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 4 5 .1 - 5 1 .6 2 2 .2 8 .2 - 1 9 .4 ***** ***** ***** ***** ***** - 1 .8 - 3 0 .4 - 1 .7 3 .2 - 3 .7 1 4 .2 - 7 .9 - 0 .3 1 0 .8 0 .5 1 4 .5 - 5 .5 - 1 .1 4 .4 0 .6 7 .8 - 4 .2 1 .7 2 .4 2 .9 7 .8 - 4 .2 1 .7 2 .4 2 .9 1 3 .8 3 .8 - 1 .3 7 .6 2 .4 2 .4 -12. 1 5. 1 - 3 .3 3 .5 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 4 7 .3 - 1 0 .1 - 1 1 .7 1 3.1 - 8 .8 ***** ***** ***** ***** ***** 7 .1 2 .6 - 8 .0 - 0 .1 - 0 .6 1 .6 0 .1 1 .0 0 .6 3 .4 - 1 8 .9 - 2 0 .7 - 2 6 .6 6 .1 1 0 .5 - 2 0 .0 - 2 9 .5 - 2 5 .6 1 5 .1 2 4 .5 - 2 0 .0 - 2 9 .5 -2 5 .6 1 2 .3 1 9 .2 - 1 6 .1 - 2 5 .9 - 2 8 .4 3 .4 1 7 .2 - 2 4 .6 - 3 4 .3 - 2 1 .4 2 4 .5 2 1 .5 ***** ***** ***** ***** 2 4 0 .5 ***** ***** ***** ***** ***** - 1 4 .2 1 6 .4 - 2 9 .3 - 1 7 .9 - 4 2 .4 ***** ***** ***** ***** ***** - 9 .4 - 1 8 .5 - 2 1 .5 3 .7 9 .2 - 5 .3 - 1 0 .4 - 1 4 .3 - 7 .5 4 .2 3 6 .1 - 4 .3 2 2 .4 - 1 5 .6 3 .9 1 3 .1 1 2 .7 6 .1 - 1 1 .2 5 .7 1 2 .0 1 7 .9 5 .6 - 1 2 .9 1 .9 2 4 .2 1 4 .5 4 .2 - 8 .4 0 .3 - 1 .5 2 2 .6 7 .5 - 1 8 .5 4 .2 2 8 .5 - 5 1 .5 2 0 .9 3 2 .7 7 1 .1 ***** ***** ***** ***** ***** 2 2 3 .5 - 5 2 .6 1 3 2 .9 - 2 9 .2 - 3 .2 ***** ***** ***** ***** ***** 1 7 .3 5 .6 2 .9 - 1 3 .9 - 2 .1 6 .7 1 .5 5 .8 1 .6 - 0 .5 6 .2 2 5 .8 3 9 .4 1 7 .3 3 .0 5 .4 2 8 .0 3 9 .1 2 5 .0 5 .2 6 .5 3 2 .6 4 0 .1 2 6 .1 4 .7 8 .3 3 2 .1 3 9 .2 2 7 .1 - 1 .2 4 .0 3 3 .2 4 1 .3 2 4 .5 1 3 .0 - 5 .2 - 2 4 .8 1 9 .5 - 0 .8 2 0 .3 ***** ***** ***** ***** ***** 9 .3 17.0 4 0 .6 - 1 6 .3 - 1 1 .5 ***** ***** ***** ***** ***** 0 .1 1 8.1 2 3 .0 2 8 .2 - 3 .2 0 .4 3 .1 7 .0 7. 1 8 .6 TABLE 921.3 GROSS FARM INCOME PERCENTAGE CHANGE FROM PREVIOUS YEAR 1 1 YEAR | 1 _________ _ J _ 1 1 9 4 5 ...| 1 9 4 6 ...| 1 9 4 7 ...| 1948.••1 1 9 4 9 ...| tI 1 9 5 0 ...| 1 9 5 1 .. .1 1 9 5 2 ...1 1 9 5 3 .. .1 1 9 5 4 ... | I1 1 9 5 5 ...| 1 9 5 6 . . *| 1 9 5 7 .. .1 1 9 5 8 .. .1 1 9 5 9 ... | 1 1 I9 6 0 ...| 1 9 6 1 .. .1 1 9 6 2 .. .1 1 9 6 3 ... 1 1 9 6 4 ...| j 1 9 6 5 ...| 1966 . . . 1 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 ...f j 1975...| ___________L CASH R E C E IP T S TOTAL TOTAL I 1 1 M ARKETINGS TOTAL L IV E S T O C K _ XRD PS_ 1GOVERNMENT! 1 PAYMENTS 1 - J 1_______ OTHER FARM INCOME ***** ***** 5 .6 1 6 .5 9 .5 1 2 .6 —1 5 .6 5 .1 1 4 .1 1 7 .0 1 .8 - 8 .2 5 .5 1 4 .5 1 9 .4 2 .0 - 8 .0 5 .8 1 4 .8 1 9 .9 3 .6 - 1 0 .0 5 .1 1 4 .1 1 8 .9 0 .0 - 5 .4 - 4 .4 4 .0 - 5 9 .3 - 1 8 .2 - 2 8 .0 ***** ***** ***** 7 .6 1 5 .6 - 1 .4 - 8 .8 - 0 .8 2 .8 1 5 .4 - 0 .9 - 4 .8 - 3 .5 2 .4 1 5 .4 - 1 .0 - 4 .7 - 3 .8 4 .5 2 1 .8 - 7 .0 - 7 .2 - 3 .8 - 0 .3 7 .1 7 .9 - 1 .5 - 3 .7 5 3 .0 1 .1 - 3 .8 - 2 2 .5 2 0 .7 ***** 1 1 0 .0 6 6 .7 2 0 .0 2 0 .2 - 2 .1 1 .4 2 .4 1 2 .0 - 2 .7 - 1 .2 4 .2 - 0 .6 1 2 .5 - 0 .6 - 1 .1 3 .1 - 2 .3 1 2 .6 0 .6 - 1 .9 2 .5 6 .2 1 0 .7 - 1 .7 - 0 .2 3 .8 - 1 2 .1 1 5 .3 3 .6 - 1 0 .9 1 4 1 .9 8 3 .4 7 .2 - 3 7 .4 2 1 .8 1 4 .6 1 9 .9 3 1 .4 2 .3 2 .6 4 .3 4 .4 2 .4 - 2 .5 1 .8 4 .8 4 .3 2 .6 1 .0 1 .8 2 .7 3 .7 2 .8 - 0 .4 0 .4 2 .8 3 .3 - 0 .6 - 0 .5 3 .5 2 .6 4 .2 6 .9 - 0 .3 2 .9 1 1 2 .7 1 7 .0 - 2 .9 2 8 .6 7 .5 - 0 .4 5 .8 1 0 .9 1 7 .9 1 0 .0 8 .4 0 .1 2 .6 8 .8 6 .0 1 1 .6 -1 .6 3 .9 9 .1 5 .5 1 0 .3 - 1 .4 3 .2 9 .0 9 .7 1 4 .3 - 2 .6 4 .5 1 2 .1 0 .6 5 .3 0 .1 1 .4 4 .9 1 2 .9 3 3 .0 - 6 .0 1 2 .4 9 .6 1 5 .2 7 .5 1 6 .3 7 .6 7 .3 3 .8 5 .8 1 4 .5 3 9 .4 0 .0 4 .3 3 .4 1 6 .2 3 7 .5 4 .0 4 .9 4 .6 1 5 .8 4 2 .3 6 .4 3 .5 3 .5 1 6 .6 2 8 .8 7 .0 6 .2 1 4 .6 6 1 .2 2 4 .6 - 2 .0 - 1 5 .4 2 5 .9 - 3 4 .2 - 7 9 .7 - 2 .9 1 8 .0 3 .4 2 2 .6 1 0 .0 2 .2 - 2 .9 - 3 .3 -9.9 3 .7 - 9 .0 5 2 .3 1 2 .1 1 1 1 1 1 1 1 1 1 1 1 i1 \ 1 1 1 I I1 1 1 1 1 1 Ii 1 I 1 1 » i 1 1 1 1 1 1 i 1 1 1 1 1 1 i 1 1 _JL U N R EA LIZ ED TOTAL AND NONMONEY INCOME INET CHANGE! HOME I RENTAL 1 IN 1CONSUMPTION| VALUE OF J IN VEN TO RY! 1D W ELLIN G S ***** ***** ***** 8 .0 1 3 .0 3 .9 - 1 .2 - 1 8 .4 1 0 .2 2 3 .9 1 1 .1 4 .0 —6 •4 5 6 .5 1 7 .4 - 4 .3 - 3 5 .4 2 6 .7 ***** ***** ***** ***** ***** - 7 .5 1 1 .7 - 3 .6 - 9 .6 - 1 0 .9 4 .0 9 .8 8 .0 1 .7 - 3 .1 - 8 .9 - 2 1 .2 3 5 .8 7 .8 - 2 0 .4 ***** ***** ***** ***** ***** - 6 .2 - 5 .5 —6 •4 1 .4 - 1 4 .4 1 .8 - 0 .4 3 .1 4 .1 9. 1 1 1 .0 - 1 .4 6 .1 1 .0 - 3 7 .1 ***** ***** ***** ***** ***** - 6 .5 - 1 0 .5 - 7 .3 - 9 .3 3 .3 5 .0 2 .5 4 .5 3 .5 7 6 .1 - 2 2 .9 2 4 .0 - 1 1 .1 5 .3 ***** ***** ***** ***** ***** - 2 .9 1 .6 - 1 0 .7 - 2 .3 1 .7 1 .6 4 .8 5 .7 3 .3 7 .3 - 2 .6 4 1 .8 - 3 .5 6 3 .0 - 4 2 .5 ***** ***** ***** ***** ***** 2 .7 - 2 .5 1 3 .5 3 2 .9 1 7.8 - 0 .9 6 .9 7 .7 1 2 .6 2 3 .5 9 9 .7 ***** - 2 .5 1 4 .6 8 .9 3 4 .5 - 3 8 .6 1 4 3 .5 - 5 3 .6 ***** ***** - 8 .0 111 112 TABLE 921.A 1 1 YEAR ! I 1 1 1 9 1 0 ...! 1 9 1 1 ...| 1 9 1 2 .. .1 1 9 1 3 ...1 1 9 1 4 ...| I 1 1 9 1 5 ...| 1 9 1 6 .. .1 1 9 1 7 ... | 1 9 1 8 ...1 1 9 1 9 ...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 1 9 2 6 ... ! 1 9 2 7 ...» 1 9 2 8 ...! 1 9 2 9 ... ! } 1 9 3 0 ... ! 1 9 3 1 ...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 GROSS FARM INCOME PERCENTAGE OF TOTAL TOTAL 1 1 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 CASH R E C E IP T S » 1 » ! 1 ! » ! » 1 1 TOTAL > 1 ] M ARKETINGS TOTAL. _ LIV ESTO C K^ . CROPS OTHER 1GOVERNMENT! FARM 1 PAYMENTS 1 I _____________ l - INCOME 5 .6 6 .3 5 .5 6 .0 5 .6 2 3 .8 16.8 2 4 .9 1 7 .3 1 6 .0 3 .9 - 3 .6 6 .9 - 0 .9 - 2 .9 1 4 .2 1 4 .9 1 4 .0 1 4 .4 1 4 .8 5 .7 5 .5 4 .0 3 .9 4 .2 2 4 .2 1 9 .5 2 1 .7 2 1 .3 1 6 .9 4. 1 - 5 .6 - 0 .9 - 0 .4 - 3 .9 15.1 1 7 .4 1 5 .7 1 4 .6 1 3 .9 5 .0 7 .7 7 .0 7 .0 6 .9 1 1 1 ! 2 1 .7 2 0 .7 1 8 .4 2 0 .0 18.1 2 .6 0.1 - 1 .3 1 .0 - 0 .9 1 3 .0 14.1 13.1 1 2 .5 1 2 .4 6 .2 6 .5 6 .7 6 .4 6 .6 0 .0 0 .0 0 .0 0 .0 0 .0 ! 1 ! 1 1 1 9.2 2 8.1 2 7 .1 2 1 .0 1 0 .9 - 2 .4 5 .2 1 .7 - 2 .8 - 1 2 .2 1 3 .9 1 4 .2 1 5 .2 1 4 .9 1 4 .7 7 .7 8 .7 1 0 .2 8 .9 8 .4 5 .5 2 .8 2 .8 4 .3 7 .1 0 .0 0 .0 0 .0 0 .0 0 .0 1 1 » ! 1 2 6 .0 12.9 2 4 .5 2 0 .5 19.1 6 .7 - 8 .1 6 .7 1 .3 0 .9 1 2 .7 1 4 .0 1 1 .8 1 2 .0 1 1 .3 6 .6 7 .0 6 .0 7 .2 6 .9 6 .4 3 .8 3 .3 2 .8 3 .2 0 .0 0 .0 0 .0 0 .0 0 .0 ! 1 ! ! » 1 9 .7 1 8 .3 1 8 .5 1 3 .2 1 1 .3 2 .5 2 .9 5 .5 - 0 .2 - 1 .7 1 0 .7 1 0 .0 8 .8 9 .7 9 .1 6 .6 5 .4 4 .1 3 .8 4 .0 3 8 .1 4 2 .0 3 7 .6 4 0 .2 3 5 .6 0 .0 0 .0 0 .0 0 .0 0 .0 0 .0 0 .0 0 .0 0 .0 0 .0 7 6 .2 8 3 .2 7 5 .1 8 2 .7 8 4 .0 7 6 .2 8 3 .2 7 5 .1 8 2 .7 8 4 .0 3 7 .3 3 9 .9 3 5 .6 3 9 .8 4 0 .0 3 8 .9 4 3 .4 3 9 .5 4 2 .8 4 3 .9 0 .0 0 .0 0 .0 0 .0 0 .0 0 .0 0 .0 0 .0 0 .0 0 .0 ! » 7 5 .8 8 0 .5 7 8 .3 7 8 .7 8 3 .1 7 5 .8 8 0 .5 7 8 .3 7 8 .7 8 3 .1 3 5 .8 3 9 .5 3 9 .0 3 8 .6 3 9 .1 3 9 .9 4 1 .0 3 9 .2 40. 1 4 4 .0 0 .0 0 .0 0 .0 0 .0 0 .0 0 .0 0 .0 0 .0 0 .0 0 .0 ! 7 8 .3 7 9 .3 8 1 .6 8 0 .0 8 1 .9 7 8 .3 7 9 .3 8 1 .6 8 0 .0 8 1 .9 3 8 .9 4 2 .7 4 2 .6 4 3 .9 4 4 .7 3 9 .4 3 6 .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 8 0 .8 7 1 .9 7 2 .9 7 9 .0 8 9 .1 8 0 .8 7 1 .9 7 2 .9 7 7 .1 8 3 .2 4 6 .3 4 3 .2 4 2 .2 4 1 .2 4 3 .7 3 4 .5 2 8 .6 3 0 .6 3 6 .0 3 9 .6 0 .0 0 .0 0 .0 1 .9 5 .8 7 4 .0 8 7 .1 7 5 .5 7 9 .5 8 0 .9 6 8 .5 8 4 .3 7 2 .8 7 5 .1 7 3 .7 3 9 .9 4 7 .7 4 0 .5 4 4 .0 4 2 .5 2 8 .6 3 6 .7 3 2 .2 3 1 .1 3 1 .2 8 0 .3 8 1 .7 8 1 .5 8 6 .8 8 8 .7 7 3 .9 7 7 .9 7 8 .2 8 4 .0 8 5 .4 4 3 .3 4 5 .5 4 5 .4 4 9 .2 4 7 .2 3 0 .6 3 2 .4 3 2 .8 3 4 .8 3 8 .2 » ! 1 1 1 1 I I f I 1 1 1 1 ! ! 1 1 » » 1 I 1 1 1 » ! 1 ! 1 ! !NET CHANGE! HOME ! RENTAL ! IN ! CONSUMPTION I VALUE OF 1- IN VEN TO RY1 ____ ID W EU SIN G S 1 6 .5 1 6.8 1 4 .6 1 6 .0 15.1 3 7.1 3 8 .7 3 5 .3 4 1 .3 3 8 .6 ! ! ! 1 1 TOTAL 2 .8 - 3 .8 7 .0 - 3 .5 5 .1 7 5 .2 8 0 .7 7 2 .9 8 1 .5 7 4 .2 1 U N R EA LIZ ED AND NONMONEY INCOME 2 4 .8 1 9 .3 2 7 .1 1 8 .5 2 5 .8 7 5 .2 8 0 .7 7 2 .9 8 1 .5 7 4 .2 I f ! 1 1 » 1 1 ! 1 ! 1 1 1 1 ! ! ! 1 1 1 ! » ! ! 1 1 1 I 1 1 1 1 ii J_ TABLE 921.4 GROSS FARM INCOME PERCENTAGE OF TOTAL CASH R E C E IP T S YEAR M ARKETINGS TOTAL OTHER FARM INCOME TOTAL CROPS I GOVERNMENT I PAYMENTS I i 1 J TOTAL 1 I 1 9 4 5 ...| 1 9 4 6 .. .1 1 9 4 7 ... | 1 9 4 8 ...| 1 9 4 9 ...| ■ I 1 9 5 0 .. . | 1 9 5 1 .. .1 1 9 5 2 ...| 1 9 5 3 ...I 1 9 5 4 ...| 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 i 1 9 5 5 ...| 1 9 5 6 ...f 1 9 5 7 ...| 1 9 5 8 ...| 1 9 5 9 ...| 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 i I9 6 0 .• • | 1961. . . | 1 9 6 2 .. . I 1 9 6 3 ... 1 1 9 6 4 ...| j 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 9 6 5 ...I 1 9 6 6 .. . | 1 9 6 7 ...| 1 9 6 8 ...I 1 9 6 9 ...| i 1 1 9 7 0 ...! 1 9 7 1 .. . | 1 9 7 2 .. .1 1 9 7 3 ...| 1 9 7 4 ...| i 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 9 7 5 ...| 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 1 1 » 1 I 1 1 1 I 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 1 1 I 1 1 1 1 1 U N R E A L IZ E D AND NONMONEY INCOME _ TOTAL LIV ES T O C K INET CHANGE! HOME I RENTAL I IN IC O N SU M PTIO N ! VALUE OF IDW ELL1NGS J . INVENTORY 1 8 8 .3 8 6 .5 9 2 .4 8 3 .6 9 1 .0 8 5 .4 8 3 .9 9 1 .5 8 2 .9 9 0 .4 4 7 .3 4 6 .6 5 1 .0 4 7 .0 5 0 .1 3 8 .1 3 7 .3 4 0 .4 3 5 .9 4 0 .3 2 .9 2 .6 1 .0 0 .7 0 .6 0 .0 0 .0 0 .0 0 .0 0 .0 1 1 .7 1 3 .5 7 .6 1 6 .4 9 .0 - 1 .7 0 .1 - 5 .4 4 .8 - 2 .8 9 .3 9 .0 8 .5 7 .5 7 .2 4 .1 4 .4 4 .5 4 .1 4 .6 8 6 .9 8 6 .7 8 7 .1 9 0 .9 8 8 .3 8 6 .0 8 5 .8 8 6 .2 9 0 .0 8 7 .3 4 8 .7 5 1 .2 4 8 .3 4 9 .1 4 7 .6 3 7 .3 3 4 .6 3 7 .9 4 0 .9 3 9 .7 0 .9 0 .7 0 .7 0 .6 0 .8 0 .1 0 .1 0 .2 0 .2 0 .3 1 3.1 1 3 .3 1 2 .9 9 .1 1 1 .7 2 .5 3 .1 2 .4 - 1 .8 1 .4 6 .2 6 .0 5 .9 5 .8 5 .2 4 .4 4 .2 4 .6 5.1 5 .0 8 9 .1 9 1 .6 8 8 .8 8 9 .2 9 1 .2 8 8 .1 8 9 .5 8 5 .4 8 5 .9 8 8 .8 4 7 .7 4 8 .2 4 9 .9 4 9 .4 4 9 .9 4 0 .4 4 1 .3 3 5 .5 3 6 .5 3 8 .9 0 .7 1 .6 2 .9 2 .8 1 .8 0 .4 0 .4 0 .5 0 .6 0 .6 1 0 .9 8 .4 1 1 .2 1 0 .8 8 .8 0 .6 - 1 .3 1 .8 2 .1 0 .0 5 .0 4 .7 4 .3 3 .9 3 .4 5 .2 5 .1 5. 1 4 .8 5 .4 9 0 .5 9 1 .0 9 0 .9 9 1 .0 9 4 .2 8 8 .1 8 6 .7 8 6 .1 8 6 .4 8 8 .2 4 8 .8 4 8 .1 4 7 .6 4 6 .2 4 7 .2 3 9 .2 3 8 .6 3 8 .5 4 0 .2 4 1 .1 1 .8 3 .7 4 .1 3 .9 5 .2 0 .6 0 .6 0 .6 0 .7 0 .8 9 .5 9 .0 9 .1 9 .0 5 .8 1 .0 0 .8 1 .5 1 .5 - 1 .9 3 .1 2 .7 2 .3 2 .1 2 .0 5 .4 5 .4 5 .3 5 .4 5 .8 9 0 .7 9 3 .4 9 1 .8 9 2 .9 9 3 .1 8 4 .6 8 6 .1 8 4 .8 8 5 .2 8 5 .4 4 7 .0 4 9 .6 4 8 .3 4 9 .2 5 0 .7 3 7 .5 3 6 .5 3 6 .5 3 6 .1 3 4 .8 5 .3 6 .5 6 .1 6 .7 6 .7 0 .8 0 .8 1 .0 1 .0 1 .0 9 .3 6 .6 8 .2 7 .1 6 .9 2 .2 - 0 .2 1 .3 0 .2 0 .2 1 .7 1 .6 1 .5 1 .4 1 .3 5 .3 5 .1 5 .4 5 .5 5 .4 9 3 .6 9 1 .4 9 2 .7 9 1 .5 9 5 .1 8 6 .3 8 5 .3 8 6 .2 8 8 .0 9 3 .7 5 0 .5 4 9 .3 5 0 .3 4 6 .4 4 1 .8 3 5 .8 3 5 .9 3 6 .0 4 1 .6 5 1 .8 6 .3 5 .1 5 .6 2 .6 0 .5 0 .9 1 .0 0 .9 0 .8 0 .9 6 .4 8 .6 7 .3 8 .5 4 .9 0.0 2 .3 1 .2 3 .4 - 1 .3 1 .3 1 .2 1 .2 1 .1 1 .3 5 .2 5 .2 4 .9 4 .0 4 .9 9 0 .4 8 8 .6 4 2 .5 4 6 .2 0 .8 1.0 9 .6 2 .8 1 .3 5 .5 113 114 TABLE 931.1 YEAR FARM PRODUCTION EXPENSES AMOUNTS IN MILLIONS OF DOLLARS TOTAL 1 9 1 0 ... 1 9 1 1 ... 1 9 1 2 ... 1 9 1 3 ... 1 9 1 4 ... 3531. 3581. 3833. 3 97 3. 4029. 1 9 1 5 ... 1 9 1 6 ... 1 9 1 7 ... 1 9 1 8 ... 1 9 1 9 ... 4167. 4836. 6092. 7507. 8331. 1 9 2 0 ... 1 9 2 1 ... 1 9 2 2 ... 1 9 2 3 ... 1 9 2 4 ... 8837. 6638. 6 61 4. 7054. 7447. 1 9 2 5 ... 1 9 2 6 ... 1 9 2 7 ... 1 9 2 8 ... 1 9 2 9 ... 7347. 7372. 7462. 7757. 7664. 1 9 3 0 ... 1 9 3 1 ... 1 9 3 2 ... 1 9 3 3 ... 1 9 3 4 ... 6944. 5537. 4483. 4358. 4715. 1 9 3 5 ... 1 9 3 6 ... 1 9 3 7 ... 1 9 3 8 ... 1 9 3 9 ... 5116. 5642. 6178. 5920. 6266. 1 9 4 0 ... 1 9 4 1 ... 1 9 4 2 ... 1 9 4 3 ... 1 9 4 4 ... 6858. 7781. 10040. 11608. 12333. 1 I 1 1 1 1 1 1 1 1 1 1 1 l 1 1 1 I 1 li 1 1 1 1 * 1 l I 1 1 1 1 1 1 1 1 t 1 1 CURRENT O PERATING TOTAL IT E M S WITH FARM O R IG IN (L IV E S T O C K , _ E E E D a - S£ED_L IT EM S WITH NONFARM O R IG IN H IR E D LABOR I 1 1 1 1 1 1 I 1 1 -JL IN T E R E S T ON 1 NON-REAL- f ESTATE 1 DEBT. 1 TOTAL C A P IT A L CONSUMPTION ALLOWANCES PROPERTY TAXES IN T E R E S T ON MORTGAGE DEBT . RFNT _ 2 39 7. 2 36 7. 2 54 4. 2619. 2 635. 6 81 . 6 03 . 710. 718 . 691. 754. 7 94. 824. 856. 896. 7 55. 758. 78 9 . 804. 8 04 . 2 07. 212. 221. 241. 244. 1 1 1 | 1 1134. 1214. 1289. 1354. 1 39 4. 416. 443. 469. 481. 482. 195. 215. 225. 257. 261. 203 . 225. 252. 276. 296. 320. 3 31. 343. 340. 3 55 . 2642. 3 06 0. 3836. 4968. 5 433. 680. 853 . 1150. 1 760. 1802. 898. 1032. 1244. 1521. 1706. 8 15 . 904 . 1127. 1 337. 1515. 2 49 . 271. 315. 350. 410. | 1 ! 1 ( 1 525. 1 776. 2 25 6. 2539. 2898. 524. 597. 714. 902. 1040. 2 84 . 3 04 . 33 Q • 361. 4 54 . 314. 341. 3 78 . 4 17 . 4 76 . 403. 534. 82 5. 8 59. 9 28 . 5 99 2. 4056. 4049. 4412. 4 74 5. 185 4. 1 03 5. 1 104. 1234. 1549. 1821. 1353. 1356. 1506. 1543. 1 79 0. 1170. 1127. 1 25 1. 1248. 5 27 . 498. 462. 421 . 405. f 1 1 I | 2 84 5. 2 58 2. 2565. 2642. 2 70 2. 1 21 1. 1039. 934. 943. 952. 556. 586 . 58 3 . 590. 583. 574. 653. 680. 679. 6 47 . 504. 304. 3 68 . 430 . 5 20 . 4804. 4864. 4839. 5135. 5 02 9. 1 506. 1429. 1497. 1699. 1 54 5. 1642. 1726. 1683. 1794. 1835. 1 26 7. 1 33 0. 1 30 2. 1290. 1300. 389. 379. 357. 352. 3 49. | 1 f 1 | 2 54 3. 2508. 262 3. 2 62 2. 2635. 872. 886. 890. 900. 916. 589. 5 99 . 620. 636. 651. 6 12 . 5 98. 593. 590. 582. 470. 425. 520 . 4 96 . 486. 4450. 3 40 3. 2 65 8. 2646. 2 95 5. 1277. 818. 620. 686 • 829 . 1680. 1385. 1128. 1148. 1276. 1177. 9 14 . 6 69 . 617 . 6 79 . 316. 286. 2 41 . 1 95. 171. 1 1 | f 1 2494. 2 13 4. 1 82 5. 1712. 1760. 955. 856. 734. 644. 650. 648. 589. 510. 438. 4 24 . 570. 553. 526. 472. 430. 3 21. 136. 55. 158. 256. 3275. 3727. 4209. 4001. 4 34 5. 948. 1185. 1331. 1131. 1 36 6. 1414. 1538. 1752. 1735. 1811. 775. 868. 988 . 979. 9 88 . 1 38 . 1 36. 1 38 . 156. 180. 1 1 1 1841 . 1 91 5. 1969. 1 919. 1921. 664. 728. 796. 8 33. 781. 4 34. 440 . 452. 448 . 456 • 3 96 . 3 64. 3 41. 320. 305. 3 47 . 383. 380. 318. 379. 48 6 9 . 5517. 7077. 8472. 9136. 1712. 1927. 2803. 3449. 3679. 1942. 2 125. 2433. 2 80 1. 3 07 8. 1029. 1 24 9. 1631. 2 02 7. 2202. 186. 216. 210. 1 95 . 177 . 1 1 1 | t 1989. 2 264. 2 96 3. 3136. 3197. 797. 870. 1335. 1 36 9. 1 42 5. 4 51. 463. 4 66 . 4 77 . 499. 293. 284. 2 72 . 2 46 . 230. 4 48 . 647. 890. 1044. 1043. i 1 1 1 OTHER PRODUCTION E X P E N S E S E X P E N S ES 1 I TABLE 931.1 FARM PRODUCTION EXPENSES AMOUNTS IN MILLIONS OF DOLLARS 1 1 YEAR | TOTAL 1 1 1 1 1 f 1 1 1 | I 1 9 4 5 ...| 1 9 4 6 ...| 1 9 4 7 ...| 1 9 4 6 ...t 1 9 4 9 ... | 1 30 62 . 14500. 170 32 . 18790. 1 79 82 . 1 9 5 0 ...| 1 9 5 1 ...| 1 9 5 2 .. .1 1 9 5 3 ...| 1 9 5 4 .. . I j 19455. 2 23 48 . 22790. 2 14 67 . 2 18 08 . 1 9 5 5 ...| 1 9 5 6 .. . | 1 9 5 7 .. . I 1 9 5 8 ... | 1 9 5 9 ...I 1 1 2 2 1 71 . 2 27 05 . 2 37 03 . 2 57 90 . 27177. 1 27376. 28590. 3 0 2 79 . 31598. 31812. 1 1 9 6 0 ...| 1 9 6 1 ...1 1 9 6 2 ...| 1 9 6 3 .. .1 1 9 6 4 ...| ■ f 1 9 6 5 ...| 1 9 6 6 ...| 1 9 6 7 .. .1 1 9 6 8 ...| 1 9 6 9 ...| 1 1 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 1 9 7 5 ...I CURRENT O PERATIN G TOTAL OTHER PRODUCTION E X P E N S E S EXPEN SES IT E M S WITH FARM O R IG IN (L IV E S T O C K , FEED * SEFD J IT EM S WITH NONFARM O R IG IN H IR E D LABOR IN T E R E S T ON NON-REALESTATE DEBT TOTAL C A P IT A L CONSUMPTION ALLOWANCES PROPERTY TAXES IN T E R E S T ON MORTGAGE ... DEBT. __ RFNT 1 1 1 1 1 1 9910. 11074. 13066. 143 80 . 13395. 4164. 4620. 5639. 6166. 5096. 3 25 8. 3 739. 4430. 4 96 5. 5 19 7. 2299. 2532. 2783. 2990. 2806. 1 69. 1 83 . 214. 259. 296. 3152. 3426. 3966. 4410. 4587. 1 310. 1189. 1 553. 2002. 2365. 557. 617. 733. 806. 872. 221. 219. 225. 232. 243. 1064. 1 40 1. 1455. 1370. 1 10 7. 1 143 74 . 1 65 59 . 1 66 92 . 153 94 . 1 56 13 . 5805. 7132. 6843. 5 64 1. 5994. 5 42 4. 6105. 6540. 6 58 5. 660 3. 2811. 2921. 2857. 2736. 2596. 334. 401. 452. 432. 420. 5 08 1. 5 78 9. 609 8 . 6 07 3. 6195. 2 66 5. 3147. 3 32 6. 3454. 358 1. 919. 983. 1033. 1 060. 108*.. 264. 291. 3 18 . 345. 371. 1233. 1368. 1421. 1214. 1 15 9. 15871. 1 62 53 . 17037. 18791. 198 48 . 5985. 6 02 3. 6479. 7751. 7928. 6 82 9. 7 12 0. 7 32 5. 763 3. 8364. 2615. 2 64 1. 2734. 2842. 2 90 6. 442. 469. 499. 5 65. 650. 6300. 6452. 6666. 6999. 7329. 3700. 3723. 3 913. 4011. 4251. 1141. 1178. 1 242. 1306. 1429. 402. 442. 482. 5 21 . 572 . 1 05 7. 1 109. 1 02 9. 1161. 1 077. 1 1 1 1 1 1 1 97 58 . 20561. 21846. 22696. 22504. 7577. 8037. 8856. 9235. 8 59 2. 8 40 0. 8 59 1. 8882. 915 6. 9471. 3062. 3 19 2. 3299. 3400. 3483. 719. 741. 809. 905. 958. 7618. 8029. 8 43 3. 8902. 9308. 4337. 4388. 4530. 4696. 4903. 1529. 1 60 9. 1677. 1737. 1 79 8. 6 28 . 686. 759. 846. 952. 1124. 1 346. 1467. 1623. 1 655. 1 23704. 25901. 27071. 27556. 29399. 9306. 107 05 . 1 08 91 . 10864. 12196. 9766. 10371. 11186. 11454. 11617. 3604. 3683. 3723. 3920. 4152. 1028. 1142. 1 27 1. 1318. 1434. 9946. 106 07 . 11110. 11969. 127 16 . 5111. 5384. 5781. 6200. 6574. 1874. 2002. 2122. 2 29 8. 2 45 6. 1075. 1198. 1 32 5. 1 47 2. 1 625. 1886. 2023. 1882. 1999. 2 06 1. 31172. 33162. 35990. 45557. 50611. 13279. 14244. 16180. 2 2 9 06 . 22060. 11926. 12905. 13449. 152 08 . 19801. 4349. 4367. 4594. 5232. 6021. 1 61 8. 1 64 6. 1767. 2211. 2729. 13252. 1 42 05 . 1 63 25 . 2 00 05 . 2 17 79 . 6760. 7350. 7887. 8945. 1 06 24 . 2596. 2 70 4. 2815. 2886. 3 04 3. 1 764. 1 90 5. 2 13 2. 2495. 3044. 2 13 2. 2 246. 3491. 5679. 5 06 8. 51377. 20060. 21901. 6516. 2900. 2 41 07 . 1 2 4 77 . 3 19 7. 3637. 4796. f » 1 1 1 1 I \ 1 1 1 1 1 1 336 50 . 36508. 38181. 3 9 5 25 . 4 21 15 . 44424. 4 73 67 . 5 23 15 . 65562. 72390. 75484. _________ L_ f I 1 1 1 1 I 1 1 1 1 1 I 1 _L • R EN T " I S NET REN T P LU S GOVERNMENT PAYMENTS TO NONOPERATOR LANDLORDS (NONFARM LANDLORDS FROM 1910 THROUGH 1958) C ALLED "N E T R E N T " I S GROSS CASH AND SHARE RENT L E S S LANDLORDS• IN T E R E S T , T A X E S , C A P IT A L CONSUMPTION ALLOWANCES, EXPEN SES. THE USDA IN C LU D ES T H ESE LANDLORD E X P E N S E S IN THE R E S P E C T IV E S E R IE S SHOWN IN T H IS T A B L E . THE USDA S E R IE S AND FARM O PERATIN G 115 116 TABLE 9 3 1 .2 1 1 YEAR 1 1 1 J 1 1 9 1 1 ...1 1 9 1 2 ...| 1 9 1 3 .. . I 1 9 1 4 ...| j FARM PRODUCTION E X P E N S E S CHANGE FROM P R E V IO U S YEAR IN M IL L IO N S OF DOLLARS TOTAL 50. 252. 140. 56. 1 9 1 5 .. .1 1 9 1 6 .. . I 1 9 1 7 .. .1 1 9 1 8 ...| 1 9 1 9 ...| j 1 9 2 0 ...| 1 9 2 1 .. .1 1 9 2 2 ...! 1 9 2 3 .. .1 1 9 2 4 ...| j 1925 . . . 1 1 9 2 6 ...1 1 9 2 7 ...1 1 9 2 8 .. .1 1 9 2 9 .. .1 i 506. —2 1 9 9 . -24. 440. 393. 1 9 3 0 .. .1 1 9 3 1 ...1 1 9 3 2 .. .1 1 9 3 3 .. .1 1 9 3 4 ...! j -720. -1407. -1054. -125. 357. 1 9 3 5 ...( 1 9 3 6 ...! 1 9 3 7 ...! 1 9 3 8 ...! 1 9 3 9 ...! l1 1 9 4 0 ...! 1 9 4 1 ...! 1 9 4 2 ...! 1 9 4 3 ...! 1 9 4 4 ...! 138. 669. 1256. 1415. 824. -100. 25. 90. 295. -93. I I I ! 1 1 1 ! 1 1 ! ii ! ! ! ! 1 ii ! ! 1 1 1 i 1 I 1 ! 1 1 ii 1 ! 1 I 1 i1 CURRENT O PERATING E X P E N S E S TOTAL IT E M S W ITH FARM O R IG IN (L IV E S T O C K , FEED . SEED ) IT E M S WITH NONFARM _ O R IG IN . H IR E D LABOR 1 _______ 1 _ IN T E R E S T ON! NON-REAL- 1 TOTAL ESTATE ! DEBT J ! 80. 5. ! 9. | 75. 20. 1 65. 40. 3. 1 i1 5. ! 131. 251. 22. » 44. ! 480. 35. | 283. 3 59 . 60. | i -30. 1 77 . 75. 16. -78. 107. 8. -27. 4 0. 30. 32. 40. 3. 31. 15. 0. 7. 418. 776. 1132. 465. -11. 173. 2 97 . 610. 42. 2. 134. 2 12. 277. 185. 11. 89. 2 23 . 210. 178. 559. -1936. -7. 363. 333. 52. -819. 69. 130. 315. 115. -468. 3. 150. 37. 2 75. -620. -43. 124. —3 . 117 . -29. -36. -41. -16. ! I ! | | 1 59. 60. -25. 296. -106. -43. -77. 68. 202. -154. 99. 8 4. -43. 111. 41. 19. 63. -2 8 . -12. 10. -16. -10. -22. —5 • -3. -579. -1047. -745. -12. 309. -268. -459. -198. 6 6. 143. -1 5 5 . -2 9 5 . -2 57. 20. 128. -123. -263. -245. -52. 62. OTHER PRODUCTION E X P E N S E S C A P IT A L CONSUMPTION ALLOWANCES PROPERTY TAXES IN T E R E S T ON MORTGAGE _ DEBT RENT . 27. 26. 12. 1. 20. 1 0. 32. 4. 22. 27. 24. 20. 1 1. 12. -3. 1 5. 42. 73. 117. 188. 1 38 . 23. 20. 35. 22. 93. 18. 27. 37. 39. 5 9. 48. 131. 291. 34. 69. -53. -263. -17. 77. 60. 171. -172. -1 0 5 . 9. 9. 102. 30. -3. 7. -7. 98. 79. 27. -1. -32. -424. -200. 64. 62. 90. | | | | 1 1 -159. -35. 1 15 . -1. 13. -80. 14. 4. 10. 16. 6. 1 0. 21. 16. 15. -35. -14. -5. -3. -8. -50. -45. 95. -24. -10. -33. -30. -45. -46. -24. ! ! ! ! f 1 -141. -360. -309. -113. 48. 39. -99. -122. -90. 6. -3. -59. -79. -72. -14. -12. -17. -27. -54. -42. -165. -185. -81. 103. 98. 401. 5 26 . 536. -258. 346. ! ! 1 ! ! i 320 . 452. 482. -208. 3 44 . 1 19. 2 37 . 146. -200. 2 35. 138. 124. 214. -17. 76. 96. 93. 120. -9. 9. -33. -2. 2. 18. 24. 1 1 1 ! | 1 81. 74. 54. -50. 2. 14. 64. 68. 37. -52. 10. 6. 12. -4. 8. -34. -32. -23. -21. -15. 91. 36. -3. -62. 61. 592. 923. 2259. 1 56 8. 725. 1 ! ! ! » 524. 6 48 . 1560. 1395. 664. 346. 215. 876. 6 46 . 230. 131. 183. 308. 3 68 . 277. 41. 220. 382 . 396. 175. 6. 30. -6. -15. -18. i ! ! ! ! 68. 2 75 . 699. 173. 61. 16. 73. 465. 34. 56. -5. 12. 3. 1 1. 2 2. -12. -9. -12. -26. -16. 69. 199. 243. 154. -1. _________ L_ _JL _L TABLE 931.2 FARM PRODUCTION EXPENSES CHANGE FROM PREVIOUS YEAR IN MILLIONS OF DOLLARS . 1 1 YEAR 1 1 1 _____ 1 1 1 9 4 5 ...| 1 9 4 6 ...| 1 9 4 7 ...! 1 9 4 8 ...| 1 9 4 9 ...| j 1 9 5 0 ...! 1 9 5 1 ...| 1 9 5 2 .. .1 1 9 5 3 ...! 1 9 5 4 .. .1 | 1 9 5 5 ...| 1 9 5 6 ...| 1 9 5 7 ...! 1 9 5 8 ...| 1 9 5 9 ...| j CURRENT O PERATING EXPEN SES . TOTAL TOTAL IT E M S WITH FARM O R IG IN ( LIV ES T O C K « FE E D . SEED ) IT EM S WITH NONFARM O R IG IN H IR E D LABOR 1 _________ 1 IN T E R E S T ON! NON-REAL- ! ESTATE ! D EBT J 1 -8. ! 14. ! 31. ! 45. ! 37. ! 1 1 38. t 67. » 51. ! -20. | -12. ! OTHER PRODUCTION E X P F N S E S IN T E R E S T ON MORTGAGE DEBT C A P IT A L CONSUMPTION ALLOWANCES PRO PERTY TAXES -45. 274. 540. 444. 177. -115. -121. 364. 449. 363. 58. 60. 116. 73. 66. -9. -2. 6. 7. 11. 21. 337. 54. -8 5. -263. 494. 708. 309 . -25. 122. 300. 482. 179. 128. 127. 47. 64. 50. 27. 24. 21. 27. 27. 27. 26. 126. 135 . 53. -207. -55. TOTAL RENT 729. 1438. 2532. 1758. -808. 774. 1164. 1 99 2. 1314. -985. 505. 436. 1 01 9. 527. -1070. 180. 481. 691. 535 . 232 . 97. 233. 251. 207. -184. 1473. 2893. 442. -1323. 341. 979. 2 18 5. 1 33 . -1298. 219. 709. 1 327. -289. -1202. 353. 227. 681. 435. 45. 18. 5. 1 10 . -64. -121. -140. 363. 534. 998. 2087. 1387. 258. 382. 784. 1 75 4. 1 05 7. -9. 38. 456. 1 27 2. 177 . 2 26 . 291. 2 05 . 308. 731. 19. 26. 93. 108. 64. 22. 27. 30. 66. 85. | 1 ! ! } l 1 05. 152. 214. 3 33 . 330. 1 19. 23. 190. 98. 240. 5 7. 3 7. 64. 64. 123. 31. 40. 40. 39. 5 1. -102. 52. -80. 132. -84. I9 6 0 ...! 1 9 6 1 ...| 1 9 6 2 ...! 1 9 6 3 ... | 1 9 6 4 ...| i 199. 1214. 1689. 1319. 214. -90. 803. 1285. 850. -192. -351. 460. 819. 379. -643. 3 6. 191. 2 91. 274. 315. 156 . 1 30 . 107. 101. 83. 69. 22. 68. 96. 53. 1 ! 1 1 J j 289. 411. 404. 469. 406. 86 . 51. 142. 166. 207. 100. 80. 68. 60. 61 . 56. 5 8. 73. 87. 106. 47. 222. 121. 156 . 32. 1 9 6 5 ...! 1 9 6 6 ...I 1 9 6 7 ...J 1 9 6 8 ...! 1 9 6 9 ...! j 1838. 2858. 1673. 1344. 2590. 1200. 2197. 1 17 0. 485. 1 843. 714. 1 399. 186 . -27. 1332. 295. 605. 8 15 . 2 68. 163. 121. 79. 40. 197. 232. 70. 114. 129. 47. 1 16 . 638. 661. 503. 859. 747. 208. 273. 397. 419. 374. 76. 128. 120. 176. 158. 123. 1 23 . 127. 147. 153. 231. 137. -141. 117. 62. 1 9 7 0 ...| 1 9 7 1 ...! 1 9 7 2 ...! 1 9 7 3 ...I 1 9 7 4 ...! 2309. 2943. 4948. 13247. 6828. 1 77 3. 1 99 0. 2828. 9 56 7. 5 054. 1083. 965. 1936. 6726. -846. 309. 979. 5 44 . 1759. 4 59 3. 197. 18. 227. 638. 789. 184. 28. 121. 444. 518. » * | ! | f1 ( ! ! | ! 5 36 . 953. 2120. 3680. 1 774. 186 . 590. 537. 1 05 8. 1 679. 140 . 108. 1 11 . 71. 157. 1 39 . 1 41. 2 27 . 363 . 549. 71. 114. 1245. 2 18 8. -611. 3094. 766. -2000. 2100. 4 95 . 171 . ! 2328. 1 853. 154. 5 93. -272. t l 1 9 7 5 ...J ______________ L i ___L 117 116 TABLE 931.3 1 1 YEAR I 1 1 ________ 1 1 1 9 1 1 ...| 1 9 1 2 ...1 1 9 1 3 ...| 1 9 1 4 ...1 | 1 9 1 5 ...| 1 9 1 6 ...I 1 9 1 7 ...| 1 9 1 8 ...1 1 9 1 9 ...| ii 1 9 2 0 ...! 1 9 2 1 ...1 1 9 2 2 .. . I 1 9 2 3 ...| 1 9 2 4 ...1 Il 1 9 2 5 ...| 1 9 2 6 ...1 1 9 2 7 ...[ 1 9 2 8 ...i 1 9 2 9 ...| 1 1 1 9 3 0 ...| 1 9 3 1 ...! 1 9 3 2 ...I 1 9 3 3 .. .1 1 9 3 4 ...| 1 1 1 9 3 5 ...1 1 9 3 6 ...1 1 9 3 7 ...| 1 9 3 8 .. .1 1 9 3 9 ...| i l 1 9 4 0 ...| 1 9 4 1 ...1 1 9 4 2 ...| 1 9 4 3 .. .1 1 9 4 4 ...| FARM PRODUCTION EXPENSES PERCENTAGE CHANGE FROM PREVIOUS YEAR TOTAL 1 .4 7 .0 3 .7 1 .4 3 .4 1 6 .1 2 6 .0 2 3 .2 1 1 .0 6 .1 - 2 4 .9 - 0 .4 6 .7 5 .6 - 1 .3 0 .3 1 .2 4 .0 - 1 .2 - 9 .4 - 2 0 .3 - 1 9 .0 - 2 .8 8 .2 8 .5 1 0 .3 9 .5 - 4 .2 5 .8 9 .4 1 3 .5 2 9 .0 1 5 .6 6 .2 _________ L 1 1 I I 1 1 I 1 1 1 1 i 1 I 1 1 1 1 i 1 I 1 1 1 1 J f 1 1 I I 1 1 I 1 1 1 1 I1 1 1 1 ! 1 i 1 ! ! 1 1 __ L OTHER PRODUCTION E X P E N S E S CURRENT O PERATING E X P E N S ES IT E M S WITH FARM O R IG IN ( L IV ES T O C K t _ E E E D *_S £ £ D 1 IT EM S WITH NONFARM O R IG IN . H IR ED LABOR - 1 .3 7 .5 2 .9 0 .6 - 1 1 .5 1 7 .7 1.1 - 3 .8 5 .3 3 .8 3 .9 4 .7 0 .4 4 .1 1 .9 0 .0 2 .4 4 .2 9 .0 1 .2 7 .1 6 .2 5 .0 3 .0 6 .5 5 .9 2 .6 0 .2 1 0 .3 4 .7 1 4 .2 1 .6 10.8 1 2 .0 9 .5 7 .2 3 .4 3 .6 - 0 .9 4 .4 0 .3 1 5 .8 2 5 .4 2 9 .5 9 .4 - 1 .6 2 5 .4 3 4 .8 5 3 .0 2 .4 0 .2 1 4 .9 2 0 .5 2 2 .3 1 2 .2 1 .4 1 0 .9 2 4 .7 1 8 .6 1 3 .3 2 .0 8 .8 16.2 11.1 17.1 9 .4 1 6 .5 2 7 .0 1 2 .5 14. 1 8 .7 1 3 .9 1 9 .6 2 6 .3 1 5.3 8 .8 7 .0 1 1 .5 6 .5 2 5 .8 6 .1 8 .6 1 0 .9 1 0 .3 14.1 1 3 .5 3 2 .5 5 4 .5 4 .1 8 .0 1 0 .3 - 3 2 .3 - 0 .2 9 .0 7 .5 2 .9 - 4 4 .2 6 .7 1 1 .8 2 5 .5 6 .7 - 2 5 .7 0 .2 1 1 .1 2 .5 1 8 .2 - 3 4 .6 - 3 .7 1 1 .0 - 0 .2 2 8 .5 - 5 .5 - 7 .2 - 8 .9 - 3 .8 - 1 .8 - 9 .2 - 0 .7 3 .0 2 .3 1 6 .4 - 1 4 .2 - 1 0 .1 1 .0 1 .0 2 2 .5 5 .4 - 0 .5 1 .2 - 1 .2 2 0 .6 1 3.8 4 .1 - 0 .1 - 4 .7 - 4 5 .7 - 3 9 .7 2 1 .1 1 6 .8 2 0 .9 1 .2 1 .2 - 0 .5 6 .1 - 2 .1 - 2 .8 - 5 .1 4 .8 1 3 .5 - 9 .1 6 .4 5 .1 - 2 .5 6 .6 2 .3 1 .5 5 .0 “ 2 .1 - 0 .9 0 .8 - 4 .0 - 2 .6 - 5 .8 - 1 .4 - 0 .9 - 5 .9 - 1 .4 4 .6 - 0 .0 0 .5 - 8 .4 1 .6 0 .5 1 .1 1 .8 1 .0 1 .7 3 .5 2 .6 2 .4 - 5 .4 - 2 .3 - 0 .8 - 0 .5 - 1 .4 - 9 .6 - 9 .6 2 2 .4 - 4 .6 - 2 .0 - 1 1 .5 - 2 3 .5 - 2 1 .9 - 0 .5 1 1 .7 - 1 7 .3 - 3 5 .9 - 2 4 .2 1 0 .6 2 0 .8 - 8 .4 - 1 7 .6 - 1 8 .6 1 .8 11.1 -9. 5 - 2 2 .3 - 2 6 .8 - 7 .8 1 0 .0 - 9 .5 - 9 .5 - 1 5 .7 - 1 9 .1 - 1 2 .3 - 5 .4 - 1 4 .4 - 1 4 .5 - 6 .2 2 .8 4 .3 - 1 0 .4 - 1 4 .3 - 1 2 .3 0 .9 - 0 .5 - 9 .1 - 1 3 .4 - 1 4 .1 - 3 .2 - 2 .1 - 3 .0 - 4 .9 - 1 0 .3 - 8 .9 - 3 4 .0 - 5 7 .6 - 5 9 .6 1 8 7 .3 6 2 .0 1 0 .8 1 3 .8 1 2 .9 “ 4 .9 8 .6 1 4 .4 2 5 .0 1 2 .3 - 1 5 .0 2 0 .8 1 0 .8 8 .8 1 3 .9 - 1 .0 4 .4 1 4. 1 1 2 .0 1 3 .8 - 0 .9 0 .9 - 1 9 .3 - 1 .4 1 .5 1 3 .0 1 5 .4 4 .6 4 .0 2 .8 - 2 .5 0 .1 2 .2 9 .6 9 .3 4 .6 - 6 .2 2 .4 1 .4 2 .7 - 0 .9 1 .8 - 7 .9 - 8 .1 - 6 .3 - 6 .2 - 4 .7 3 5 .5 1 0 .4 - 0 .8 - 1 6 .3 1 9 .2 1 2 .1 1 3 .3 2 8 .3 1 9 .7 7 .8 2 5 .3 1 2 .6 4 5 .5 2 3 .0 6 .7 7 .2 9 .4 1 4 .5 1 5 .1 9 .9 4. 1 2 1 .4 3 0 .6 2 4 .3 8 .6 3 .3 16.1 - 2 .8 - 7 .1 - 9 .2 3 .5 1 3 .8 3 0 .9 5 .8 1 .9 2 .0 9 .2 5 3 .4 2 .5 4 .1 - 1 .1 2 .7 0 .6 2 .4 4 .6 - 3 .9 - 3 .1 - 4 .2 - 9 .6 - 6 .5 1 8 .2 4 4 .4 3 7 .6 1 7 .3 - 0 .1 TOTAL IN T E R E S T ON NON-REALESTATE DEBT TOTAL C A P IT A L CONSUMPTION ALLOWANCES IN T E R E S T PROPERTY ON TAXES MORTGAGE __________ DEBT RENT TABLE 931.3 1 1 YEAR I 1 » 1 1 1 9 4 5 ...| 1 9 4 6 .. .1 1 9 4 7 ...| 1 9 4 8 ...I 1 9 4 9 .• • ! 1 1 1 9 5 0 ...| 1 9 5 1 .. . | 1 9 5 2 .. .1 1 9 5 3 ...| 1 9 5 4 ... | j FARM PRODUCTION EXPENSES PERCENTAGE CHANGE FROM PREVIOUS YEAR OTHER PRODUCTION E X P E N S E S CURRENT O PERATIN G E X P E N S E S TOTAL TOTAL IT E M S W ITH FARM O R IG IN (L IV E S T O C K , _ _ FEED^_ S E E D ! IT E M S WITH NONFARM O R IG IN H IR E D LABOR IN T E R E S T ON NON-REALESTATE DEBT 1 TOTAL C A P IT A L CONSUMPTION ALLOWANCES PRO PERTY TAXES IN T E R E S T ON MORTGAGE _____ DEBT______ RENT 5 .9 1 1 .0 1 7 .5 1 0 .3 - 4 .3 8 .5 1 1 .7 1 8 .0 1 0 .1 - 6 .8 1 3 .7 1 0 .4 2 2 .1 9 .3 - 1 7 .4 5 .8 1 4 .8 1 8 .5 1 2.1 4 .7 4 .4 1 0 .1 9 .9 7 .4 - 6 .2 - 4 .5 8 .3 1 6 .9 2 1 .0 1 4 .3 - 1 .4 8 .7 1 5 .8 1 1 .2 4 .0 - 8 .1 - 9 .2 3 0 .6 2 8 .9 1 8 .1 1 1 .6 1 0 .8 1 8 .8 1 0 .0 8 .2 - 3 .9 - 0 .9 2 .7 3 .1 4 .7 2 .0 3 1 .7 3 .9 - 5 .8 - 1 9 .2 8 .2 1 4 .9 2 .0 - 5 .8 1 .6 7 .3 1 5 .2 0 .8 - 7 .8 1 .4 1 3 .9 2 2 .9 - 4 .1 - 1 7 .6 6 .3 4 .4 1 2 .6 7 .1 0 .7 0 .3 0 .2 3 .9 - 2 .2 - 4 .2 - 5 .1 1 2 .8 2 0 .1 1 2 .7 - 4 .4 - 2 .8 1 0 .8 1 3 .9 5 .3 - 0 .4 2 .0 1 2 .7 1 8.1 5 .7 3 .8 3 .7 5 .4 7 .0 5 .1 2 .6 2 .3 8 .6 1 0.2 9 .3 8 .5 7 .5 1 1 .4 1 0 .9 3 .9 - 1 4 .6 - 4 .5 1 9 5 5 . . *| 1 9 5 6 .. . | 1 9 5 7 ... | 1 9 5 8 .. .1 1 9 5 9 ...| j 1 .7 2 .4 4 .4 8 .8 5 .4 1 .7 2 .4 4 .8 1 0 .3 5 .6 - 0 .2 0 .6 7 .6 1 9 .6 2 .3 3 .4 4 .3 2 .9 4 .2 9 .6 0 .7 1 .0 3 .5 4 .0 2 .3 5 .2 6 .1 6 .4 1 3 .2 1 5 .0 1 .7 2 .4 3 .3 5 .0 4 .7 3 .3 0 .6 5 .1 2 .5 6 .0 5 .3 3 .2 5 .4 5 .2 9 .4 8 .4 1 0 .0 9 .0 8 .1 9 .8 - 8 .8 4 .9 - 7 .2 1 2 .8 - 7 .2 1 9 6 0 ...| 1 9 6 1 ...! 1962 . . . 1 1 9 6 3 .. . f 1 9 6 4 .. . | > 0 .7 4 .4 5 .9 4 .4 0 .7 - 0 .5 4 .1 6 .2 3 .9 - 0 .8 - 4 .4 6 .1 1 0 .2 4 .3 - 7 .0 0 .4 2 .3 3 .4 3 .1 3 .4 5 .4 4 .2 3 .4 3 .1 2 .4 1 0 .6 3 .1 9 .2 1 1 .9 5 .9 3 .9 5 .4 5 .0 5 .6 4 .6 2 .0 1 .2 3 .2 3 .7 4 .4 7 .0 5 .2 4 .2 3 .6 3 .5 9 .8 9 .2 1 0 .6 1 1.5 1 2 .5 4 .4 1 9 .8 9 .0 1 0 .6 2 .0 1 9 6 5 .. . | 1 9 6 6 .. . | 1 9 6 7 .. . | 1968 . . . | 1 9 6 9 ...f j 5 .8 8 .5 4 .6 3 .5 6 .6 5 .3 9 .3 4 .5 1 .8 6 .7 8 .3 1 5 .0 1 .7 - 0 .2 1 2 .3 3 .1 6 .2 7 .9 2 .4 1 .4 3 .5 2 .2 1 .1 5 .3 5 .9 7 .3 1 1 .1 1 1 .3 3 .7 8 .8 6 .9 6 .6 4 .7 7 .7 6 .2 4 .2 5 .3 7 .4 7 .2 6 .0 4 .2 6 .8 6 .0 8 .3 6 .9 1 2 .9 1 1 .4 1 0 .6 11.1 1 0 .4 1 4 .0 7 .3 - 7 .0 6 .2 3 .1 1 9 7 0 .. . | 1 9 7 1 .. .1 1972. . . | 1 9 7 3 .. .1 1 9 7 4 ... | j 1 9 7 5 ...| 5 .5 6 .6 1 0 .4 2 5 .3 1 0 .4 6 .0 6 .4 8 .5 2 6 .6 1 1 .1 8 .9 7 .3 1 3 .6 4 1 .6 - 3 .7 2 .7 8 .2 4 .2 1 3 .1 3 0 .2 4 .7 0 .4 5 .2 1 3 .9 1 5 .1 1 2 .8 1 .7 7 .4 2 5 .1 2 3 .4 4 .2 7 .2 1 4 .9 2 2 .5 8 .9 2 .8 8 .7 7 .3 1 3 .4 1 8 .8 5 .7 4 .2 4 .1 2 .5 5 .4 8 .6 8 .0 1 1 .9 1 7 .0 2 2 .0 3 .4 5 .3 5 5 .4 6 2 .7 - 1 0 .8 4 .3 1 .5 - 9 .1 1 0 .6 8 .2 6 .3 1 0 .7 1 7 .4 5 .1 1 9 .5 - 5 .4 _______________ L- 119 120 TABLE 931.4 1 1 YE AR | 1 1 ____ J 1 1 9 1 0 . . .| 1911...f 1912...I 1913...1 1914...| | 1915 . . . | 1916...| 1917...| 1918...| 1919...| ii FARM PRODUCTION EXPENSES PERCENTAGE OF TOTAL OT H E R PR O D U C T I O N E X PE NS ES C U R R E N T O P ER AT IN G EX PE NS ES TO T A L ! TOTAL ITEMS WI T H FARM OR IG IN (LIVESTOCK, _ FEED, SEED.) ITEMS WITH NONFARM HI RE D LABOR OR IG IN IN TEREST ON NON-REALESTATE . . DEBT _ _J TOTAL CA PI TA L CONSUMPTION AL L O W A N C E S PR OP ER TY TAXES INTEREST ON M O RT GA GE _____DEBT RENT 100. 0 ioo.o ! ! ! | ! 67.9 66.1 66.4 65 .9 65 .4 19.3 16.8 18.5 18.1 17.2 21.4 22.2 21.5 21.5 22.2 21.4 21.2 20.6 20.2 20.0 5.9 5.9 5.8 6.1 6.1 32.1 33.9 33.6 34. 1 34.6 11.8 12.4 12.2 12.1 12.0 5.5 6.0 5.9 6.5 6.5 5.7 6.3 6.6 6.9 7.3 9.1 9.2 8.9 8.6 8.8 ioo. o ioo. o ioo.o 100.0 ioo. o ! ! ! I ! 63 .4 63.3 63.0 66.2 65.2 16.3 17.6 18.9 23.4 21.6 21.6 21.3 20.4 20.3 20.5 19.6 18. 7 18.5 17.8 18.2 6.0 5.6 5.2 4.7 4.9 36.6 36.7 37.0 33.8 34.8 12.6 12.3 11.7 12.0 12.5 6.8 6.3 5.6 4.8 5.4 7.5 7.1 6.2 5.6 5.7 9.7 11.0 13.5 11.4 11.1 ! 21-0 15.6 16.7 17.5 20.8 20.6 20.4 20.5 21.3 20.7 20.3 17.6 17.0 17.7 16.8 6.0 7.5 6.0 5.4 32.2 38.9 38.8 37.5 36.3 13.7 15.7 14.1 13.4 12.8 6.3 8.8 8.8 8.4 7.8 6.5 9.8 10.3 9.6 8.7 5.7 4.6 5.6 6.1 7.0 10 0. 0 i o o .o i o o .o 1920...f 1 9 2 1 . ..I 1 9 2 2 . ..| 1 9 2 3 . ..f 1924...| ioo.o 10 0. 0 100. 0 100.0 io o. o ? r 67.8 61.1 61.2 62.5 63 .7 1 9 2 5 . ..| 1926...1 1927...1 1928...| 1929...f 1 1 1930...I 1931...f 1932...1 1933...1 1934...| ioo.o ioo. o 100.0 1 0 0. 0 100.0 ! ! t i I 65.4 66.0 64.8 66.2 65.6 20.5 19.4 20.1 21.9 20.2 22.3 23.4 22.6 23.1 23.9 17.2 18.0 17.4 16.6 17.0 5.3 5.1 4.8 4.5 4.6 34.6 34.0 35.2 33.8 34.4 11.9 12.0 11.9 11.6 12.0 8.0 8.1 8.3 8.2 8.5 8.3 8.1 7.9 7.6 7.6 6.4 5.8 7.0 6.4 6.3 ! 18.4 14.8 13.8 15.7 17.6 24.2 25.0 25.2 26.3 27.1 16.9 16.5 14.9 14.2 14.4 4.6 5.2 5.4 4.5 3.6 35.9 38.5 40.7 39.3 37.3 13.8 15.5 16.4 14.8 13.8 9.3 10.6 11.4 10.1 9.0 8.2 10.0 11.7 10.8 9.1 4.6 2.5 1.2 3.6 5.4 7 .7 i i 1935...1 1936...! 1937...1 1938...! 1939...» 1 1 1940...! 1941...| 1942...! 1943...1 1944...! l t 7 .0 io o. o 100.0 100.0 100. 0 10 0. 0 ! I 64.1 61.5 59.3 60.7 62.7 10 0 . 0 io o. o 100.0 ioo.o io o. o 1 ! l ! ! 64.0 66.1 68.1 67.6 69.3 18.5 21.0 21.5 19.1 21.8 27.6 27.3 28.4 29.3 28.9 15. 1 15.4 16.0 16.5 15.8 2.7 2.4 2.2 2.6 2.9 36.0 33.9 31.9 32.4 30.7 13.0 12.9 12.9 14.1 12.5 8.5 7.8 7.3 7.6 7.3 6.5 5.5 5.4 4.9 6.8 6.8 6.2 5.4 6.0 1 0 0 .0 1 ! I ! ! 71.0 70.9 70.5 73.0 74.1 25.0 24.8 27.9 29.7 29.8 28.3 27.3 24.2 24.1 25.0 15.0 16.1 16.2 17.5 17.9 2.7 2.8 2.1 1.7 29.0 29.1 29.5 27.0 25.9 11.6 11.2 13.3 11.8 11 .6 6.6 6.0 4.6 4.1 4.0 4.3 3.6 2.7 2.1 1.9 6.5 8.3 8.9 9.0 8.5 io o. o 100.0 ioo.o ioo.o ___ L I ! 1 .4 TABLE 931.4 1 1 YEAR | 1 1 1 i 1 9 4 5 .. .1 1946 . . . 1 1 9 4 7 ...| 1 94 8 . . . | 1 9 4 9 ... | 1 FARM PRODUCTION EXPENSES PERCENTAGE OF TOTAL CURRENT O PERATING TOTAL | TOTAL IT E M S W ITH FARM O R IG IN (L IV E S T O C K , FEED * SEED ! IT EM S WITH NONFARM O R IG IN . _ OTHER PRODUCTION E X P E N S E S EXPEN SES H IR E D LABOR IN T E R E S T ON NON-REALESTATE - DEBT J TOTAL C A P IT A L CONSUMPTION ALLOWANCES PRO PERTY TAXES IN T E R F S T ON MORTGAGE DEBT RENT 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 | | | | 7 5 .9 7 6 .4 7 6 .7 7 6 .5 7 4 .5 3 2 .0 3 1 .9 3 3 .1 3 2 .8 2 8 .3 2 4 .9 2 5 .8 2 6 .0 2 6 .4 2 8 .9 1 7 .6 1 7 .5 1 6 .3 1 5 .9 1 5 .6 1 .3 1 .3 1 .3 1 .4 1 .6 2 4 .1 2 3 .6 2 3 .3 2 3 .5 2 5 .5 1 0 .0 8 .2 9 .1 1 0 .7 1 3 .2 4 .3 4 .3 4 .3 4 .3 4 .8 1 .7 1 .5 1 .3 1 .2 1 .4 8 .1 9 .7 6 .5 7 .3 6 .2 1 9 5 0 ... | 1 9 5 1 ...| 1 9 5 2 ... | 1 9 5 3 ...| 1 9 5 4 ...| j 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 | | | I l 7 3 .9 7 4 .1 7 3 .2 7 1 .7 7 1 .6 2 9 .8 3 1 .9 3 0 .0 2 6 .3 2 7 .5 2 7 .9 2 7 .3 2 8 .7 3 0 .7 3 0 .3 1 4 .4 1 3 .1 1 2 .5 1 2 .7 1 1 .9 1 .7 1 .8 2 .0 2 .0 1 .9 2 6 .1 2 5 .9 2 6 .8 2 8 .3 2 8 .4 1 3 .7 1 4.1 1 4 .6 1 6 .1 1 6 .4 4 .7 4 .4 4 .5 4 .9 5 .0 1 .4 1 .3 1 .4 1 .6 1 .7 6 .3 6. 1 6 .2 5 .7 5 .3 1 9 5 5 ...| 1 9 5 6 ...| 1 9 5 7 ...| 1 9 5 8 ...| 1 9 5 9 ...| 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 I | | | 1 7 1 .6 7 1 .6 7 1 .9 7 2 .9 7 3 .0 2 7 .0 2 6 .5 2 7 .3 3 0 .1 2 9 .2 3 0 .8 3 1 .4 3 0 .9 2 9 .6 3 0 .8 1 1 .8 1 1 .6 1 1 .5 1 1 .0 1 0 .7 2 .0 2 .1 2 .1 2 .2 2 .4 2 8 .4 2 8 .4 2 8 .1 2 7 .1 2 7 .0 1 6 .7 1 6 .4 1 6 .5 1 5 .6 1 5 .6 5 .1 5 .2 5 .2 5 .1 5 .3 1 .8 1 .9 2 .0 2 .0 2 .1 4 .8 4 .9 4 .3 4 .5 4 .0 I9 6 0 ...| 1 9 6 1 .. .1 1 9 6 2 .. . | 1 9 6 3 ...| 1 9 6 4 ...| j 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 I | I | | 7 2 .2 7 1 .9 7 2 .1 7 1 .8 7 0 .7 2 7 .7 2 8 .1 2 9 .2 2 9 .2 2 7 .0 3 0 .7 3 0 .0 2 9 .3 2 9 .0 2 9 .8 1 1 .2 1 1 .2 1 0 .9 1 0 .8 1 0 .9 2 .6 2 .6 2 .7 2 .9 3 .0 2 7 .8 2 8 .1 2 7 .9 2 8 .2 2 9 .3 1 5.8 1 5 .3 1 5 .0 1 4 .9 1 5 .4 5 .6 5 .6 5 .5 5 .5 5 .7 2 .3 2 .4 2 .5 2 .7 3 .0 4 .1 4 .7 4 .8 5 .1 5 .2 1 9 6 5 ...| 1 9 6 6 .. . | 1 9 6 7 .. .1 1 9 6 8 .. . | 1 9 6 9 ...| j 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 | I I l | 7 0 .4 7 0 .9 7 0 .9 6 9 .7 6 9 .8 2 7 .7 2 9 .3 2 8 .5 2 7 .5 2 9 .0 2 9 .0 2 8 .4 2 9 .3 2 9 .0 2 7 .6 1 0 .7 1 0 .I 9 .8 9 .9 9 .9 3 .1 3 .1 3 .3 3 .3 3 .4 2 9 .6 2 9 .1 2 9 .1 3 0 .3 3 0 .2 15.2 1 4 .7 1 5 .1 1 5 .7 1 5 .6 5 .6 5 .5 5 .6 5 .8 5 .8 3 .2 3 .3 3 .5 3 .7 3 .9 5 .6 5 .5 4 .9 5 .1 4 .9 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 I l 1 l 7 0 .2 7 0 .0 6 8 .8 6 9 .5 6 9 .9 2 9 .9 3 0 .1 3 0 .9 3 4 .9 3 0 .5 2 6 .8 2 7 .2 2 5 .7 2 3 .2 2 7 .4 9 .8 9 .2 8 .8 8 .0 8 .3 3 .6 3 .5 3 .4 3 .4 3 .8 2 9 .8 3 0 .0 3 1 .2 3 0 .5 3 0 .1 1 5 .2 1 5 .5 15.1 1 3 .6 1 4 .7 5 .8 5 .7 5 .4 4 .4 4 .2 4 .0 4 .0 4 .1 3 .8 4 .2 4 .8 4 .7 6 .7 8 .7 7 .0 1 0 0 .0 | 6 8 .1 2 6 .6 2 9 .0 8 .6 3 .8 3 1 .9 1 6 .5 4 .2 4 .8 6 .4 1 1 1 9 7 0 .. .1 1 9 7 1 ...| 1 97 2. 1 9 7 3 ...| 1 9 7 4 .. .1 j 1 9 7 5 ...| ______________ ! _ j 121 122 TABLE 941.1 1 1 f YEAR | 1 1 1 1 1 9 1 0 ...| 1 9 1 1 .. .1 1912 . . . | 1 9 1 3 ...1 1 9 1 4 ...» 1 1 1 9 1 5 .. . | 1 9 1 6 .. . 1 1 9 1 7 .. . 1 1 9 1 8 ...1 1 9 1 9 ...| 1 l CASH FLOW AND NET INCOME CURRENT DOLLARS AMOUNTS IN MILLIONS OF DOLLARS 1 CASH FLOW EXCLUD IN G U N R E A L IZ E D AND NONMONEY FARM INCOME 1 ________ FARM CASH FLOW | 1 1 NONFARM 1 ,1 1 INCOME C A P IT A L LANDLORDS* | 1 TOTAL 1 OF THE OPERATORS* C A P IT A L CONSUMPTION NET FARM FARM | TOTAL NET RENTAL CONSUMPTION! I1 ALLOWANCES ALLOWANCES!___________1PO PU LA TIO N ! INCOME IN C O M E _ 1 ****** | ****** 3 20 . 2985. 2 24 9. 416. 416. ****** } ****** 443. 443. 2777. 2003. 331. j * * * * * * * * * * * * 469. 343. 2175. 469. 2987. j * * * * * * * * * * * * 340. 481. 481. 3086. 2265. j ****** ****** 2844. 355. 2007. 482. 482. 1 1 | ****** ****** 524. 2 22 5. 524. 403. 3152. j ****** ****** 4041. 2910. 534. 597. 597. | ****** ****** 714. 714. 4644. 825. 6183. ****** j ****** 859. 5960. 902. 902. 7 72 1. j ****** ****** 1040. 8175. 6207. 1 040. 928. 1 1 | ****** ****** 1211 . 5 47 8. 504 . 3763. 1 21 1. j ****** ****** 1039. 1039. 1420. 3 04 . 2763. ****** j ****** 934. 934. 3 26 3. 1 96 1. 3 68 . j ****** ****** 943. 2491. 3864. 430. 943. ****** j ****** 4250. 520. 952. 2778. 952. iI i ****** ****** 872. 5 016. 3674. 470. 872. j ****** ****** 8 86 . 425. 4497. 3186. 886. * * * * * * j * * * * * * 890. 3271. 520. 890. 4681. ****** j ****** 900. 4630. 3234. 900. 496. j * * * * * * * * * * * * 916. 5050. 3648. 486. 916. i I i ****** ****** 955. 3387. 955. 2111. 321. ****** j ****** 844. 856. 1836. 1 36 . 856. ****** i ****** 734. 734. 1 05 4. 265. 55. j ****** ****** 644. 1907. 644. 1105. 158. 650. 2994. 1 5180. 2 18 6. 256. 650. 2 08 8. 1 1 664 • 1 5895. 347. 2 30 7. 3588. 2 57 7. 664. 7 28 . 1 6 778. 2 64 0. 3 02 7. 4138. 3 83 . 728. 7 96 . ! 6 94 6. 2 74 8. 380. 4198. 3022. 796. 2475. 833. I 5875. 3400. 2249. 318. 833. 7 81 . 2369. 2 61 0. 3529. ! 6 139. 379. 781. jI 797. 1 6 25 1. 2759. 3492. 448. 224 7. 797. 870. 1 8648. 3 25 7. 5 39 1. 3874. 647. 870. 3 94 1. 1335. 1 12341. 8400. 6175. 890. 1335. 1369. 1044. 8 65 7. 1369. 1 15431. 4361. 11070. 1 425. 4435. 1 42 5. ! 15882. 11447. 8979. 1043. CASH FLOW IN C LU D IN G U N R E A L IZ E D AND NONMONEY FARM INCOME TOTAL NONFARM | FARM CASH FLOW INCOME 1. LANDLORDS* OF THE 1 O PERATORS* FARM | TOTAL NET FARM NET RENTAL INCOME INCOM E____ 1PO PULA TIO N ! ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 489 4. 4116. 5221. 4 50 1. 4943. 4158. 3342. 4409. 3 68 0. 4106. 320 . 331. 3 43 . 3 40. 355. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 5147. 5600. 9 74 3. 10548. 10953. 4220. 4469. 8204. 8787. 8985. 403. 534. 8 25 . 8 59 . 928 . 1 9 2 0 ...| 1 9 2 1 .. .1 1 9 2 2 ...! 1 9 2 3 ...f 1 9 2 4 ...| | ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 9510. 4713. 5 645. 6441. 6327. 779 5 . 3 37 0. 4343. 5 06 8. 4855. 5 04 . 304. 368. 430. 5 20 . 1 9 2 5 ...1 1 9 2 6 ...1 1 9 2 7 ...1 1 9 2 8 ... 1 1929. ..| | ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 8076. 7248. 7 10 9. 7377. 7554. 6734. 5 93 7. 5 69 9. 5981. 6152. 470. 425. 5 20 . 496. 486. 1 9 3 0 ... | 1 9 3 1 ... I 1 9 3 2 ... 1 1 9 3 3 ...1 1 9 3 4 ...| | ****** ****** ****** ****** 6 01 5. ****** ****** ****** ****** 2186. 5 53 5. 4336. 2 82 1. 3357. 3829. 4 259. 3 34 4. 2032. 2 55 5. 2923. 321. 136. 158. 256. 1 9 3 5 ... | 1 9 3 6 ... 1 1 9 3 7 ...1 1 9 3 8 ...1 1 9 3 9 ... | 1 l 1 9 4 0 ... | 1 9 4 1 ...| 1 9 4 2 ...1 1 9 4 3 ...1 1 9 4 4 ...1 8 59 6. 8 059. 9929. 7987. 8 184. 2307. 2640. 2748. 247 5. 2 61 0. 6289. 5 41 9. 7 18 1. 5512. 5 574. 5 27 8. 4308. 6005. 4361. 4414. 347. 383. 380. 318. 3 79 . 8 48 6. 11264. 16019. 18510. 18608. 2759. 3 25 7. 3941. 4361. 4435. 5 72 7. 8007. 12078. 14149. 14173. 4 48 2. 6490. 9853. 11736. 11705. 448. 647. 890. 1044. 1043. __ L 55. J ___ TABLE 941.1 CASH FLOW AND NET INCOME CURRENT DOLLARS AMOUNTS IN MILLIONS OF DOLLARS 1 CASH FLOW IN C LU D IN G U N R E A L IZ E D AND NONMONEY FARM INCOME l i | 1 1 1 1 1 9 4 5 ...I 1 9 4 6 ...| 1 9 4 7 ...| 1 9 4 8 .. . | 1 9 4 9 ...| j YEAR 1 9 5 0 ...| 1 9 5 1 ...| 1 9 5 2 ...1 1 9 5 3 ...| 1 9 5 4 ...| i 1 9 5 5 ...| 1 9 5 6 .. .1 1 9 5 7 ...| 1 9 5 8 ...! 1 9 5 9 ...| j 1 9 6 0 ...| 1 9 6 1 ...| 1 9 6 2 ...| 1 9 6 3 ...| 1 9 6 4 ...I i 1 9 6 5 ...| 1 9 6 6 .. .1 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 1 9 7 3 .. . f 1 9 7 4 ...| j 1 9 7 5 ...| FARM 1 NONFARM | 1 INCOME 1 TOTAL OF THE | OPERATORS* FARM | TOTAL N ET FARM 1PO PU LA TIO N ! INCOME CASH FLOW LANDLORDS* NET RENTAL _ _ INCOME __ 1 1 ! 1 ! C A P IT A L CONSUMPTION! ALLOWANCES-! * 1 310. 1 1 18 9. 1 1 55 3. 1 ! 2 00 2. 2365. ! | 19091. 2 2209. 2 3 6 59 . 26851. 2 24 44 . 4405. 4551. 5297. 5815. 6192. 1 4 6 86 . 176 58 . 18362. 2 10 36 . 16252. 12312. 15068. 15354. 17664. 12780. 1064. 1 40 1. 1 45 5. 1370. 1107. 2 3 8 09 . 26960. 26434. 2 40 85 . 23047. 6263. 65U. 6726. 6437. 5934. 1 75 46 . 20449. 1 97 08 . 17648. 1 71 13 . 13648. 1 59 34 . 149 61 . 12980. 12373. 1233. 1 36 8. 1421. 1214. 1159. 2 665. 3 14 7. 3326. 3 45 4. 3 58 1. 2 2 2 59 . 226 70 . 226 43 . 25021. 231 65 . 6197. 6584. 6616. 6681. 7124. 16062. 1 60 86 . 160 27 . 1 83 40 . 16041. 11305. 11254. 11085. 13168. 10713. 1057. 1 10 9. 1029. 1161. 1077. 3700. 3723. 3913. 4011. 4251. 2 42 15 . 25328. 264 03 . 270 47 . 2 67 93 . 7236. 7637. 8342. 8958. 9743. 16979. 17691. 1 80 61 . 18089. 17050. 11518. 11957. 1 20 64 . 11770. 1 0 4 92 . 1 12 4. 1 34 6. 1467. 1623. 1655. 4337. 4388. 4530. 4696. 4903. 3 0 5 23 . 325 72 . 3 17 39 . 33349. 368 57 . 10627. 1 12 05 . 117 37 . 12828. 1 39 29 . 19896. 2 13 67 . 20002. 20521. 22928. 12899. 13960. 1 2339. 12322. 1 4293. 1 88 6. 2023. 1882. 1999. 2 06 1. 5111. 5 38 4. 5 781. 6200. 6574. 37447. 3 9 5 03 . 47686. 6 75 17 . 637 57 . 144 04 . 15274. 1 7 6 43 . 19544. 21541. 23043. 2 42 29 . 30043. 47973. 42216. 1 4151. 146 33 . 18665. 33349. 26524. 2 13 2. 2 24 6. 3 49 1. 5 67 9. 5 06 8. 6760. 7 35 0. 7887. 8945. 1 0624. 65540. 22708. 42832. 2 5 5 59 . 4796. 1 2 4 77 . _______ L CASH FLOW EXCLUD IN G U N R E A L IZ E D TOTAL . AND NONMONEY FARM INCOME 1 NONFARM | FARM CASH FLOW 1 INCOME 1 O PERATORS* LANDLORDS* 1 OF THE 1 1 FARM | TOTAL NET FARM NET RENTAL INCOME 1PO PU LA TIO N ! INCOME C A P IT A L CONSUMPTION ALLOWANCES 16122. 18215. 21207. 2 08 81 . 19672. 4405. 4551. 5 29 7. 5 81 5. 6192. 1 1 7 17 . 1 36 64 . 15910. 15066. 13480. 9 34 3. 11074. 12902. 11694. 10008. 1064. 1401. 1455. 1 37 0. 110 7. 1 310. 1189. 1553. 2002. 2 36 5. 1 ! ! I I 1 I ( 1 | ! | 1 1 9470. 218 64 . 2 1 5 56 . 2 09 36 . 190 56 . 6263. 6511. 6 72 6. 6437. 5934. 13207. 15353. 14830. 14499. 13122. 9309. 10838. 10083. 9831. 8382. 1 233. 1368. 1 421. 1 21 4. 1 159. 2 66 5. 314 7. 3326. 3 45 4. 3 58 1. 18625. 19807. 18754. 20830. 19831. 6197. 6584. 6616. 6681. 7124. 12428. 13223. 121 38 . 1 41 49 . 12707. 7671. 8391. 7196. 8977. 7379. 1 05 7. 1 10 9. 1029. 1161. 1077. 3700. 3 72 3. 3 91 3. 4011. 4251. 1 1 | 1 1 I 1 I 1 ! | ! 1 2 05 15 . 2 16 81 . 2 25 32 . 23137. 2 4 3 32 . 7236. 7637. 8 34 2. 8958. 9743. 1 32 79 . 14044• 14190. 141 79 . 14589. 7 81 8. 8310. 8193. 7860. 8031. 1124. 1 34 6. 1467. 1 623. 1655. 4337. 4388. 4530. 4696. 4903. 2 6 1 89 . 292 32 . 2 7 5 99 . 296 68 . 329 81 . 10627. 112 05 . 1 17 37 . 12828. 1 39 29 . 1 55 62 . 1 80 27 . 15862. 16840. 1 9 0 52 . 8565. 10620. 8199. 8641. 10417. 1686. 2023. 1 882. 1999. 2 06 1. 5111. 5 384. 5781. 6200. 6574. 1 1 | ! ! 1 1 3 3671. 34148. 42520. 59094. 58915. 14404. 15274. 17643. 19544. 21541. 1 9 2 67 . 18874. 24877. 39550. 37374. 10375. 9278. 13499. 24926. 21682. 2132. 2246. 3491. 5679. 5 06 8. 6760. 7350. 7887. 8945. 10624. 5 5869. 227 08 . 33161. 15888. 4796. 1 24 77 . J___ "TO TAL CASH I N ° ? H T S T^ R r i S J p p p A ? n p ^ EM nM c^ M L? ^ ^ M^ ARMING R E C E IV E D BY PAR” OWNERS AND OPERATORS PL U S THE NONFARM INCOME OF FARM O PERATO RS. H T C iT L rm n e c I S A PPR0XIM A T£D BY "NONFARM INCOME OF FARM P O P U L A T IO N ," WHICH I S A V A IL A B L E BACK TO 1934 BUT W WHICH EXC LU D ES NO N RESID EN T OPERATORS AND IN C LU D ES NONOPERATOR R E S ID E N T S . S IN C E I 9 6 0 , a p r p p c d a r i p c p d t p c t c a w a t i a d i r AS SHOWN IN "LANDLORDS* 123 124 TABLE 941.2 1 1 1 YEAR | i I I 1 1 9 1 1 ...| 1 9 1 2 ...| 1 9 1 3 ...f 1 9 1 4 ...| 1 1 1 9 1 5 ...| 1 9 1 6 ...1 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 1 9 2 3 ...f 1 9 2 4 ...f j 1 9 2 5 ...I 1926. . . | 1 9 2 7 ...| 1 9 2 8 ...| 1 9 2 9 .. . | | CASH FLOW AND NET INCOME CURRENT DOLLARS CHANGE FROM PREVIOUS YEAR IN MILLIONS OF DOLLARS CASH FLOW IN C LU D IN G U N R EA LIZ ED AND NONMONEY FARM INCOME TOTAL FARM CASH FLOW NONFARM | INCOME 1. O PERATO RS• LANDLORDS* OF THE 1 NET FARM NET RENTAL | FARM 1 TOTAL INCOME I PO PU LA TIO N ! .. INCOM E____ ****** ****** ****** ****** ****** ****** ****** ****** “ 778. 1105. “ 720. 442. -816. 1067. -729. 426. 1 1. 12. -3. 15. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 2 04 . 453. 4143. 805. 405. 1 14 . 249. 3735. 583 . 198. 48. 131. 291. 34. 69. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** “ 1 44 3. -4797. 932. 796. -114. -1 1 9 0 . -4 4 2 5 . 973. 725. -213. -4 2 4 . -200. 64. 62. 90. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 1749. -828. “ 139. 2 68 . 177. 1879. -797. -238. 28 2 . 171 . -50. -45. 95. -24. -10. 1 9 3 0 ...| 1 9 3 1 ...| 1 9 3 2 ...f 1 9 3 3 ...1 1 9 3 4 ...| j 1 9 3 5 ...| 1 9 3 6 ...I 1 9 3 7 ...1 1 9 3 8 ...1 1 9 3 9 ...| j ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** -2019. -1199. -1 5 1 5 . 536. 472. -1 8 9 3 . -915. -1 3 1 2 . 5 23 . 368. -165. -185. -81. 103. 98. 2 581. -537. 1870. -1942. 197. 121. 333. 108. “ 273. 135. 2 46 0. -870. 176 2. -1 6 6 9 . 62. 2 35 5. -970. 1697. -1644. 53. 91. 36. -3. -62. 61. 1 9 4 0 ...f 1 9 4 1 ...1 1 9 4 2 ...| 1 9 4 3 .. .1 1 9 4 4 ...| 3 02 . 2 77 8. 4 75 5. 2 491. 98. 149. 4 98 . 684. 420. 7 4. 153 . 2280. 4 07 1. 2071. 24. 68. 2008. 3363. 1883. -31. 69. 1 99 . 2 43. 154. - I. ________ L 1 1 1 | I C A P IT A L CONSUMPTION! ALLOWANCES! 1 | 2 7. j 26. j 12. | 1. I 1 | 42. j 73. { 117. } 188. j 1 38. i1 | 171. j -1 7 2 . j -1 0 5 . j 9. | 9. I 1 | -80. | 14. | 4. j 10. j 1 6. i 1 | 39. j -99. j -1 2 2 . | -90. j 6. II f 14. 64. I 68. 1 1 37. 1 -52. 1 1 16. 1 73. 1 465. 1 34. 1 I 56. CASH FLOW EXCLUDING U N R E A L IZ E D TOTAL AND NONMONEY FARM INCOME 1 NONFARM | FARM CASH FLOW 1 INCOME 1 1 OF THE | O PER A T O R S• LANDLO RDS• NET FARM 1 FARM | TOTAL NET RENTAL IP O P U L A T IO N I ....INCOME____ INCOME C A P IT A L CONSUMPTION ALLOWANCES ****** ****** ****** ****** ****** ****** ****** ****** -208. 210. 99. -242. -246. 1 72. 90. -258. 11. 12. -3. 15. 27. 2 6. 1 2. 1. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 308. 889. 2142. 1538. 454. 218. 685. 1734. 1316. 247. 48. 131. 291. 34. 69. 42. 73. 1 17 . 1 88 . 1 38. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** -2697. -2715. 500. 601. 386. -2444. -2343. 5 41. 530. 287. -424. -200. 64. 62. 90. 171 . -172. -105. 9. 9, ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** 766. -519. 184. -51. 420. 896. -488. 8 5. -37. 414. -50. -45. 95. -24. “ 10. -80. 14. 4. 1 0. 16. ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** -1663. -1551. -782. 8 53. 1087. -1537. -1267. -579. 840. 983. -165. “ 185 . -81. 103. 98. 39. -99. -122. -90. 6. 121. 333. 108. -273. 135 . 594. 550. 60. -798. 129. 489. 450. -5. -773. 1 20 . 91. 36. -3. -62. 61. 1 4. 64. 68. 37. “ 52. 149 . 498. 684. 420. 74. -37. 1 89 9. 3 00 9. 2670. 377. -122. 1 627. 2 30 1. 2 4 82 . 322. 69. 1 99 . 243. 154. “ 1. 16. 73. 465. 34. 56. 715. 883. 168. -1071. 264 • 112. 2397. 3693. 3 09 0. 451 . J _______ _ TABLE 941.2 CASH FLOW AND NET INCOME CURRENT DOLLARS CHANGE FROM PREVIOUS YEAR IN MILLIONS OF DOLLARS 1 CASH FLOW YEAR 1 TOTAL IN C LU D IN G U N R E A L IZ E D AND NONMONEY FARM INCOME 1 NONFARM | FARM CASH FLOW 1 INCOME | OF THE 1 OPERATORS* LANDLORDS* NET FARM NET RENTAL FARM 1 TOTAL 1PO PU LA TIO N ! .IN C O M E INCOME 1 CASH FLOW EXCLUD IN G U N R E A L IZ E D C A P IT A L 1 TOTAL CONSUMPTION ALLOWANCES AND NONMONEY FARM INCOME FARM CASH FLOW 1 NONFARM 1 1 INCOME 1 LAN D LO RD S• 1 OF THE 1 OPERATORS* NET FARM 1 FARM | TOTAL NET RENTAL INCOME INCOME 1PO PU LA TIO N ! C A P IT A L CONSUMPTION ALLOWANCES 1 9 4 5 ... 1 9 4 6 ... 1 9 4 7 ... 1 9 4 8 ... 1 9 4 9 .. . 1 483. 1 3 11 8. 1 1450. 1 3192. | -4407. -30. 146. 746. 518. 377. 513. 2972. 704. 2674. -4784. 607. 2 75 6. 286. 2310. -4884. 21. 3 37 . 54. -85. -263. -115. -121. 364. 449. 363. 1 240 . 1 2 09 3. 1 2992. 1 -326. 1 -1209. -30. 146. 746. 5 18. 377. 270. 1 947. 2246. -844. -1586. 3 64 . 1731. 1828. -1208. -1686. 21. 337. 54. -85. -263. -115. -121 . 364. 449. 363. 1 9 5 0 .. . 1 9 5 1 ... 1 9 5 2 ... 1 9 5 3 ... 1 9 5 4 ... 1 1365. 1 3151. I -526. 1 -2349. 1 -1038. 71. 248. 215. -289. -503. 1 29 4. 2903. -741. -2060. -535. 868. 2286. -973. -1981. —607 . 126 . 135. 53. -207. -55. 300. 482. 179. 1 28 . 127. 1 -202. 1 2 39 4. 1 -308. 1 -620. 1 -1 8 8 0 . 71. 248. 215 . -289. -503. -273. 2146. -523. -331. -1377. -699. 1 52 9. -755. -252. -1449. 1 26 . 135. 53. -207. -55. 300. 482. 179 . 128. 127. 1 9 5 5 .. . 1 9 5 6 .. . 1 9 5 7 ... 1 9 5 8 ... 1 9 5 9 ... -788. 4 11 . 1 -27. 1 2378. 1 -1 8 5 6 . 263. 387. 32. 65. 443. * -1051. 24. -59. 2313. -2 2 9 9 . -1068. -52. -169. 2 08 3. -2455. -102. 52. -80. 132. -84. 1 19 . 23. 190. 98. 240. 1 -431. 1 1182. I -1053. 1 2 07 6. I -999. 263. 387 . 32. 65. 443. -694. 795. -1085. 2011. -1442. -711. 720. -1195. 1 78 1. -1 5 9 8 . -102. 52. -80. 132. -84. 119. 23. 190. 98. 240. 1 9 6 0 ... 1 9 6 1 ... 1 9 6 2 ... 1 9 6 3 ... 1 9 6 4 ... 1 ( 1 1 1 1050. 1113. 1075. 644. -254. 112. 401. 705. 616. 785. 938. 712. 370. 28. -1039. 805. 439. 107. -294. -1278. 47. 222. 121 . 1 56 . 32. 86. 51. 142. 166. 207. 1 1 1 I 1 6 84 . 1166. 8 51 . 6 05 . 1 19 5. 112. 401. 705. 616. 785. 572. 765. 146. -11. 410. 439. 492. -117. -333. 1 71 . 47. 222. 1 21 . 156 . 32. 86. 51. 142. 166. 207. 1 9 6 5 ... 1 9 6 6 ... 1 9 6 7 ... 1 9 6 8 .. . 1 9 6 9 ... f I 1 1 1 3 73 0. 2 04 9. -833. 1610. 3508. 884. 578. 532. 1 091. 1101. 2846. 1471. -1365. 519. 2407. 2407. 1061. -1621 . -17. 1 97 1. 231 . 137. -141. 117. 62. 208. 273. 397. 419. 374. 1 1 85 7. 1 3043. 1 -1 6 3 3 . 1 2 06 9. 1 3313. 884. 578. 532. 1 09 1. 1 10 1. 973. 2465. -2165. 978. 2212. 5 34 . 2055. -2421. 442. 1776. 231. 1 37 . -141. 1 17. 62. 208. 273. 397. 419. 374. 1 9 7 0 ... 1 9 7 1 ... 1 9 7 2 ... 1 9 7 3 ... 1 9 7 4 ... [ 590 . 1 2056. 1 8 18 3. 1 19831. 1 -3760. 475. 870. 2369. 1 90 1. 1 99 7. 1 15 . 1 18 6. 5814. 17930. -5757. -142. 482. 4032. 14684. -6825. 71. 1 14 . 1245. 2 18 8. -611. 186. 5 90. 537. 1058. 1679. 1 690. 1 477. 1 837 2. I 16574. 1 -179. 475. 870. 2369. 1901. 1 997. 215. -393. 6003. 14673. -2176. -42. -1097. 4221. 11427. -3244. 7 1. 114. 1 24 5. 2188. -611. 186. 590. 537. 1058. 1 67 9. 1 16 7. 616. -965. -272. 1 85 3. 1 -3046. 1167. -4213. -5794. -272. 185 3. 1 1 1 9 7 5 ... 1 1783. 123 126 TABLE 941*3 YEAR 1 1 1 | \ I ______ 1 1 1 9 1 1 .• .| 1 9 1 2 .. . | 1 9 1 3 ...1 1 9 1 4 ...I I1 1 9 1 5 ...| 1 9 1 6 ... 1 1 9 1 7 .. . | 1 9 1 8 ...| 1 9 1 9 ...| i 1 1 9 2 0 ...| 1 9 2 1 ...1 1 9 2 2 .. . ^ 1 9 2 3 ...1 1 9 2 4 ...\ i 1 1 9 2 5 ...1 1 9 2 6 .. . 1 1 9 2 7 ...» 1 9 2 8 .. . I 1 9 2 9 ...| i 1 1 9 3 0 ... 1 1 9 3 1 ... 1 1 9 3 2 ... 1 1 9 3 3 ...1 1 9 3 4 ...| i CASH FLOW AND NET INCOME CURRENT OOLLARS PERCENTAGE CHANGE FROM P R E V IO U S YEAR 1 CASH FLOW EXCLUD IN G U N R E A L IZ E D AND 1 1 NONFARM | FARM FARM CASH FLOW 1 | INCOME | 1 LANDLORDS* 1 OPERATORS* C A P IT A L OPERATORS* 1 TOTAL 1 OF THE NET FARM NET RENTAL 1 FARM | TOTAL NET FARM CONSUMPTION! INCOME INCOME ___ALLOWANCES!_______ JP O P U L A T IO N I ... INCOME I ***** | ***** - 1 9 .6 6 .5 3 .4 - 7 .0 - 1 0 .9 j ***** ***** 3 1 .9 5 .9 3 .6 7 .6 8 .6 j ***** ***** - 0 .9 - 1 6 .5 2 .6 4 .1 3 .3 ***** j ***** 4 .4 1 1 .6 - 7 .8 - 1 1 .4 0 .2 i 1 i ***** ***** 1 3 .5 2 .8 8 .7 1 0 .8 1 0 .9 j ***** ***** 5 .9 3 2 .5 1 3 .9 2 8 .2 3 0 .8 j * * * * * * * * * * 54. 5 8 3 .6 5 3 .0 1 9 .6 5 9 .6 j ***** ***** 4 .1 2 6 .3 2 4 .9 2 8 .3 7 .1 j * * * * * ***** 8 .0 5 .9 4 .1 1 5 .3 2 .3 Ii * * * * * i * * * * * 1 6 .4 - 3 3 .0 - 3 9 .4 - 4 5 .7 - 1 3 .2 ***** j ***** - 4 9 .6 - 6 2 .3 - 3 9 .7 - 5 6 .8 - 1 4 .2 j ***** ***** - 1 0 .1 1 8 .1 2 8 .9 3 8 .1 2 1 .1 ***** j ***** 1 8 .4 2 7 .0 1 6 .8 1 .0 1 6 .7 * * * * * i * * * * * 1 0 .0 1 1 .5 2 0 .9 1 .0 - 4 .2 tf ***** I ***** 1 8.0 - 8 .4 3 2 .3 3 8 .7 - 9 .6 j ***** ***** - 1 0 .3 - 1 3 .3 - 9 .6 1 .6 - 1 1 .8 j ***** ***** 4 .1 2 2 .4 0 .5 2 .7 - 4 .0 j ***** ***** - 1 .1 4 .9 - 4 .6 1 .1 -l.l j ***** ***** 9 .1 2 .9 - 2 .0 1 .8 1 2 .8 CASH FLOW IN C LU D IN G U N R E A L IZ E D AND NONMONEY FARM INCOME TOTAL | NONFARM | 1 INCOME |. 1 OF THE 1 1 FARM | TOTAL 1PO PU LA TIO N ! ***** ***** ***** ***** ***** ***** ***** ***** - 1 5 .9 2 6 .8 - 1 3 .8 9 .8 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 4 .1 8 .8 7 4 .0 8 .3 3 .8 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** - 1 3 .2 - 5 0 .4 1 9 .8 1 4.1 - 1 .8 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** 2 7 .6 - 1 0 .3 - 1 .9 3 .8 2 .4 ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** - 2 6 .7 - 2 1 .7 - 3 4 .9 1 9 .0 1 4.1 - 3 0 .8 - 2 1 .5 - 3 9 .2 2 5 .7 1 4 .4 - 3 4 .0 - 5 7 .6 - 5 9 .6 1 8 7 .3 6 2 .0 4 .3 - 1 0 .4 - 1 4 .3 - 1 2 .3 0 .9 1 9 3 5 . . . 1 4 2 .9 1936 ...| - 6 .2 2 3 .2 1 9 3 7 ...1 1 9 3 8 . . . 1 - 1 9 .6 2 .5 1 9 3 9 ...1 1 1 1 9 4 0 ...1 3 .7 1 9 4 1 . . . | 3 2 .7 1 9 4 2 ...1 4 2 .2 1 9 4 3 .. .1 1 5 .6 0 .5 1 9 4 4 ...I 5 .5 1 4 .4 4 .1 - 9 .9 5 .5 6 4 .2 - 1 3 .8 3 2 .5 - 2 3 .2 1 .1 8 0 .6 - 1 8 .4 3 9 .4 - 2 7 .4 1 .2 3 5 .5 1 0 .4 - 0 .8 - 1 6 .3 1 9 .2 2 .2 9 .6 9 .3 4 .6 - 6 .2 1 1 5 .7 1 8.1 2 1 .0 1 0 .7 1 .7 2 .7 3 9 .8 5 0 .8 1 7 .1 0 .2 1 .5 4 4 .8 5 1 .8 19.1 - 0 .3 1 8 .2 4 4 .4 3 7 .6 1 7 .3 - 0 .1 2 .0 9 .2 5 3 .4 2 .5 4 .1 I _______L i f ***** ***** ***** i ***** j ***** t 1 NONMONEY FARM INCOME CASH FLOW LANDLORDS* C A P IT A L NET RENTAL CONSUMPTION INCOME .... ALLOWANCES 3 *4 3 .6 - 0 .9 4 .4 6 .5 5 .9 2 .6 0 .2 1 3 .5 3 2 .5 5 4 .5 4 .1 8 .0 8 .7 1 3 .9 1 9 .6 2 6 .3 1 5.3 - 4 5 .7 - 3 9 .7 2 1 .1 1 6 .8 2 0 .9 1 6 .4 - 1 4 .2 - 1 0 .1 1 .0 1 .0 - 9 .6 - 9 .6 2 2 .4 - 4 .6 - 2 .0 - 8 .4 1 .6 0 .5 1 .1 1 .8 ***** ***** ***** ***** ***** - 3 2 .9 - 4 5 .8 - 4 2 .6 8 0 .9 5 7 .0 - 4 2 .1 - 6 0 .0 - 6 8 .6 3 1 7 .0 8 9 .0 - 3 4 .0 - 5 7 .6 - 5 9 .6 1 8 7 .3 6 2 .0 4 .3 - 1 0 .4 - 1 4 .3 - 1 2 .3 0 .9 1 3 .8 1 5 .0 1 2 .5 1 - 1 5 .4 I 4 .5 1 5 .5 1 4 .4 4 .1 - 9 .9 5 .5 1 9 .8 1 5 .3 1 .4 - 1 9 .0 3 .8 2 3 .4 1 7 .5 - 0 .2 - 2 5 .6 5 .3 3 5 .5 1 0 .4 - 0 .8 - 1 6 .3 1 9 .2 2 .2 9 .6 9 .3 4 .6 - 6 .2 I 1 5 .7 1 8.1 2 1 .0 1 0 .7 1 .7 - 1 .0 5 4 .4 5 5 .8 3 1 .8 3 .4 - 5 .1 7 2 .4 5 9 .4 4 0 .2 3 .7 1 8 .2 4 4 .4 3 7 .6 1 7 .3 - 0 .1 2 .0 9 .2 5 3 .4 2 .5 4 .1 i j j I \ I 1 .8 3 8 .3 4 2 .7 2 5 .0 2 .9 -J___ TABLE 941.3 CASH FLOW AND NET INCOME CURRENT DOLLARS PERCENTAGE CHANGE FROM PR E V IO U S YEAR CASH FLOW IN C LU D IN G U N R E A L IZ E D AND 1 1 FARM I NONFARM | f YEAR | 1 INCOME 1. O PERATO RS • 1 TOTAL j OF THE I 1 FARM | TOTAL NET FARM 1 1PO PU LA TIO N ! INCOME 1 1 3 .6 5 .2 1 9 4 5 ...| 2 .6 - 0 .7 NONMONEY FARM INCOME 1 CASH 1 CASH FLOW 1 1 LANDLORDS* C A P IT A L 1 TOTAL CONSUMPTION! NET RENTAL INCOME _ ___ALLOWANCES!__________ 1 9 4 6 .. .1 1 6 .3 1 9 4 7 ...| 6 .5 1 9 4 8 . •• | 1 3 .5 1 9 4 9 . . . | —1 6 .4 j 3 .3 1 6 .4 9 .8 6 .5 2 0 .2 4 .0 1 4 .6 - 2 2 .7 2 2 .4 1 .9 1 5 .0 - 2 7 .6 2 .0 3 1 .7 3 .9 - 5 .8 - 1 9 .2 1 9 5 0 ...| 1 9 5 1 ...| 1 9 5 2 ...1 1 9 5 3 ...1 1 9 5 4 ...1 6 .1 1 3 .2 - 2 .0 - 8 .9 - 4 .3 1 .1 4 .0 3 .3 - 4 .3 - 7 .8 8 .0 1 6 .5 - 3 .6 - 1 0 .5 - 3 .0 6 .8 1 6 .7 - 6 .1 - 1 3 .2 - 4 .7 1 1 .4 1 0 .9 3 .9 - 1 4 .6 - 4 .5 1 2 .7 1 8.1 5 .7 3 .8 3 .7 1 9 5 5 .. . | 1 9 5 6 ...1 1 9 5 7 ...1 1 9 5 8 . ..| 1 9 5 9 ... | 1 l - 3 .4 1 .8 - 0 .1 1 0 .5 - 7 .4 4 .4 6 .2 0 .5 1 .0 6 .6 - 6 .1 0 .1 • 0 .4 1 4 .4 - 1 2 .5 - 8 .6 - 0 .5 - 1 .5 18.8 - 1 8 .6 - 8 .8 4 .9 - 7 .2 1 2 .8 - 7 .2 3 .3 0 .6 5 .1 2 .5 6 .0 I9 6 0 ...| 1 9 6 1 ... 1 1 9 6 2 ...t 1 9 6 3 ...| 1 9 6 4 ...| j 4 .5 4 .6 4 .2 2 .4 - 0 .9 1 .6 5 .5 9 .2 7 .4 8 .8 5 .8 4 .2 2 .1 0 .2 - 5 .7 7 .5 3 .8 0 .9 - 2 .4 - 1 0 .9 4 .4 1 9 .8 9 .0 1 0.6 2 .0 2 .0 1 .2 3 .2 3 .7 4 .4 1 9 6 5 . .. | 196 6. .. | 1 9 6 7 ...| 1 9 6 8 ...1 1 9 6 9 ...| | 1 3 .9 6 .7 - 2 .6 5 .1 1 0 .5 9 .1 5 .4 4 .7 9 .3 8 .6 1 6 .7 7 .4 - 6 .4 2 .6 1 1 .7 2 2 .9 8 .2 - 1 1 .6 - 0 .1 1 6 .0 1 4 .0 7 .3 - 7 .0 6 .2 3 .1 4 .2 5 .3 7 .4 7 .2 6 .0 1 9 7 0 ... | 1 9 7 1 .. . | 1 .6 5 .5 2 0 .7 4 1 .6 - 5 .6 3 .4 6 .0 1 5 .5 1 0 .8 1 0 .2 0 .5 5 .1 2 4 .0 5 9 .7 - 1 2 .0 - 1 .0 3 .4 2 7 .6 7 8 .7 - 2 0 .5 3 .4 5 .3 5 5 .4 6 2 .7 - 1 0 .8 2 .8 8 .7 7 .3 1 3 .4 1 8 .8 2 .8 5 .4 1 .5 - 3 .6 - 5 .4 1 7 .4 * 1972...1 1973...I 1 9 7 4 ...| | 1 9 7 5 ...I _______L - 8 .1 - 9 .2 3 0 .6 2 8 .9 1 8 .1 1 FLOW EXCLUD IN G U N R E A L IZ E D AND NONMONEY FARM INCOME ! NONFARM | FARM f INCOME 1 OPERATORS* 1 OF THE 1 1 FARM | TOTAL NET FARM 1PO PULA TIO N ! — INCOME LANDLORDS* NET RENTAL _ INCOME CASH FLOW C A P IT A L CONSUMPTION ALLOWANCES 1 .5 1 3 .0 1 6 .4 - 1 .5 - 5 .8 - 0 .7 3 .3 1 6 .4 9 .8 6 .5 2 .4 1 6 .6 1 6 .4 - 5 .3 - 1 0 .5 4 .1 1 8 .5 1 6 .5 - 9 .4 - 1 4 .4 2 .0 3 1 .7 3 .9 - 5 .8 - 1 9 .2 - 8 .1 - 9 .2 3 0 .6 2 8 .9 18.1 - l.o 1 2 .3 - 1 .4 - 2 .9 - 9 .0 1 .1 4 .0 3 .3 - 4 .3 - 7 .8 - 2 .0 1 6 .2 - 3 .4 - 2 .2 - 9 .5 - 7 .0 1 6 .4 - 7 .0 - 2 .5 - 1 4 .7 1 1 .4 1 0 .9 3 .9 - 1 4 .6 - 4 .5 1 2 .7 18.1 5 .7 3 .8 3 .7 - 2 .3 6 .3 - 5 .3 1 1 .1 - 4 .8 4 .4 6 .2 0 .5 1 .0 6 .6 - 5 .3 6 .4 - 8 .2 1 6 .6 - 1 0 .2 - 8 .5 9 .4 - 1 4 .2 2 4 .7 - 1 7 .8 - 8 .8 4 .9 - 7 .2 1 2 .8 - 7 .2 3 .3 0 .6 5 .1 2 .5 6 .0 3 .4 5 .7 3 .9 2 .7 5 .2 1 .6 5 .5 9 .2 7 .4 8 .8 4 .5 5 .8 1 .0 - 0 .1 2 .9 5 .9 6 .3 - 1 .4 - 4 .1 2 .2 4 .4 1 9 .8 9 .0 1 0 .6 2 .0 2 .0 1 .2 3 .2 3 .7 4 .4 1 I ! 1 ! i 7 .6 1 1 .6 - 5 .6 7 .5 1 1 .2 9 .1 5 .4 4 .7 9 .3 8 .6 6 .7 1 5 .8 - 1 2 .0 6 .2 1 3.1 6 .6 2 4 .0 - 2 2 .8 5 .4 2 0 .6 1 4 .0 7 .3 - 7 .0 6 .2 3 .1 4 .2 5 .3 7 .4 7 .2 6 .0 1 1 1 1 1 1 2 .1 1 .4 2 4 .5 3 9 .0 - 0 .3 3 .4 6 .0 1 5 .5 1 0 .8 1 0 .2 1 .1 - 2 .0 3 1 .8 5 9 .0 - 5 .5 - 0 .4 - 1 0 .6 4 5 .5 8 4 .7 - 1 3 .0 3 .4 5 .3 5 5 .4 6 2 .7 - 1 0 .8 2 .8 8 .7 7 .3 1 3 .4 1 8 .8 ! - 5 .2 5 .4 - 1 1 .3 - 2 6 .7 - 5 .4 1 7 .4 1 ! ( ! ! 1 1 ! 1 I 1 I i 1 ! ! 1 ! 1 I 1 ! ! 1 i 1 J_______ 127 TABLE 941.4 1 1. ! YEAR | 1 1 I 1 1 9 1 0 ...| 1 9 1 1 ...f 1 9 1 2 ...1 1 9 1 3 ...| 1 9 1 4 ...I i CASH FLOW IN C LU D IN G U N R EA LIZ ED AND NONMONEY FARM INCOME TOTAL ***** ***** ***** ***** ***** | NONFARM 1 1 INCOME 1 1 OF THE » I FARM I TOTAL PO PU LA TIO N !_________ 1 ***** | 1 00 .0 ***** ! io o . o ***** I 1 0 0 .0 ***** I 1 0 0 .0 ***** 1 9 1 5 ...I * * * * * 1 9 1 6 . . . | ***** 1 9 1 7 . . . | ***** 1 9 1 8 ...1 ***** 1 9 1 9 . . . | ***** ***** ***** ***** ***** ***** 1 9 2 0 ...! 1 9 2 1 ...1 1922. 1 9 2 3 ...! 1 9 2 4 ...» ***** ***** ***** ***** ***** | ***** ***** ***** ***** ***** 1 1 9 2 5 .. . ( * * * * * 1 9 2 6 ... | * * * * * 1 9 2 7 ...! * * * * * 1 9 2 8 .. . | ***** 1 9 2 9 . . . | ***** i 1 9 3 0 ...! 1 9 3 1 ...» 1 9 3 2 ... ! 1 9 3 3 .. . 1 1 9 3 4 ...! | 1 9 3 5 ...! 1 9 3 6 ...1 1 9 3 7 .. . | 1 9 3 8 ... | 1 9 3 9 ... | j 1 9 4 0 .. . | 1 9 4 1 ... | 1 9 4 2 ... 1 1 9 4 3 ...| 1 9 4 4 ...| 128 CASH FLOW ANO NET INCOME CURRENT DOLLARS NONFARM INCOME AS A PERCENTAGE OF TOTAL CASH FLOW FARM INCOME AND C A P IT A L CONSUMPTION ALLOWANCES AS A PERCENTAGE OF TOTAL FARM CASH FLOW ***** ***** ***** ***** ***** ! ioo.o i i 1 1 1 1 1 1 1 1 I 1 I 1 1 1 0 0 .0 1 0 0 .0 100 .0 1 0 0 .0 1 0 0 .0 1 1 j 1 1 1 1 8 2 .0 7 9 .8 8 4 .2 8 3 .3 8 2 .0 7 .8 9 .5 8 .5 8 .1 8 .5 1 0 .2 1 0 .7 7 .3 8 .6 9. 5 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 8 2 .0 7 1 .5 7 6 .9 7 8 .7 7 6 .7 5 .3 6 .5 6 .5 6 .7 8 .2 1 2 .7 2 2 .0 1 6 .5 1 4 .6 1 5 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 100 .0 8 3 .4 8 1 .9 8 0 .2 81.1 8 1 .4 5 .8 5 .9 7 .3 6 .7 6 .4 1 0.8 12.2 1 2 .5 1 2.2 12.1 ***** ***** ***** ***** 1 1 0 0 .0 1 1 0 0 .0 1 IO O .O 1 0 0 .0 3 6 .3 1 1 0 0 .0 1 1 ! ioo.o 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 2 6 .8 3 2 .8 2 7 .7 3 1 .0 3 1 .9 ! ioo.o 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 3 2 .5 2 8 .9 2 4 .6 2 3 .6 2 3 .8 1 1 1 1 1 1 1 1 0 0 .0 I 1 0 0 .0 | ***** | ***** j ***** j ***** j ***** l 1 | ! ioo.o 1 1 0 0 .0 1 1 0 0 .0 J_____ 7 6 .9 7 7 .1 7 2 .0 7 6 .1 7 6 .3 5 .8 3 .1 1 .9 4 .7 6 .7 1 7 .3 1 9 .7 2 6 .0 19.2 1 7 .0 8 3 .9 7 9 .5 8 3 .6 7 9.1 7 9 .2 5 .5 7 .1 5 .3 5 .8 6 .8 1 0 .6 1 3 .4 11.1 15.1 1 4 .0 7 8 .3 8 1 .1 8 1 .6 8 2 .9 8 2 .6 7 .8 8 .1 7 .4 7 .4 7 .4 1 3 .9 1 0 .9 11.1 9.7 10.1 ***** j ***** j ***** j ***** j ***** | ***** 1 1 j ***** j ***** j ***** j ***** l 1 ***** ***** ***** ***** ___L | CASH 1 FARM CASH FLOW 1 ! LANDLORDS* OPERATORS* C A P IT A L 1 TOTAL CONSUMPTION! NET FARM NET RENTAL INCOME ___INCOME __ ___ALLOWANCES!______ ! | ***** 6 .5 8 5 .0 8 .5 j ***** 8 .0 1 0 .8 8 1 .2 j ***** 8 4 .4 6 .6 9 .0 j ***** 1 0 .7 7 .6 8 1 .8 j ***** 8 3 .1 7 .2 9 .8 1 1 | | FLOW EXCLUD IN G U N R EA LIZ ED 1 NONFARM J ! INCOME 1 ! OF THE 1 1 FARM ! 1PO PU LA TIO N ! 1 ***** 1 ***** 1 ***** 1 ***** ***** ***** ***** ***** ***** ***** ** ** ** ** ** *** *** *** *** *** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ***** ! ■ ioo.o 4 2 .2 I I 1 1 1 1 1 1 0 0 .0 1 0 0 .0 1 00 .0 1 0 0 .0 1 0 0 .0 3 9 .1 3 8 .9 3 9 .6 4 2 .1 4 2 .5 ! ioo.o 4 4 .1 3 7 .7 3 1 .9 2 8 .3 2 7 .9 j j i 1 1 0 0 .0 1 1 0 0 .0 1 1 0 0 .0 ! ioo.o -J____ AND NONMONEY FARM INCOME FARM CASH FLOW _ TOTAL OPERATORS * LANDLORDS• C A P IT A L NET FARM NET RENTAL CONSUMPTION INCOME _ _ _ INCOME . A LLO W AN C ES. 1 0 0 .0 1 0 0 .0 1 0 0 .0 7 5 .3 7 2 .1 7 2 .8 7 3 .4 7 0 .6 1 0 .7 1 1 .9 1 1 .5 1 1 .0 1 2 .5 1 3 .9 16.0 1 5 .7 1 5 .6 1 6.9 1 1 0 0 .0 7 0 .6 7 2 .0 7 5 .1 7 7 .2 7 5 .9 12.8 1 3 .2 1 3 .3 11.1 11 .4 1 6.6 14.8 1 1 .5 1 1 .7 1 2 .7 6 8 .7 5 1 .4 6 0 .1 6 4 .5 6 5 .4 9 .2 1 1 .0 1 1 .3 11.1 1 2 .2 2 2 .1 3 7 .6 2 8 .6 2 4 .4 2 2 .4 7 3 .2 7 0 .8 6 9 .9 6 9 .8 7 2 .2 9 .4 9 .5 1 1.1 1 0 .7 9 .6 1 7 .4 1 9 .7 19.0 1 9 .4 18.1 6 2 .3 4 6 .0 2 5 .1 5 7 .9 6 9 .7 9 .5 7 .4 5 .2 8 .3 8 .6 2 8 .2 4 6 .6 6 9 .6 3 3 .8 2 1 .7 7 1 .8 7 3 .2 7 2 .0 6 6 .1 6 7 .1 9 .7 9 .3 9 .1 9 .4 1 0 .7 1 8 .5 1 7 .6 1 9 .0 2 4 .5 2 2 .1 6 4 .3 7 1 .9 7 3 .5 7 8 .2 7 8 .4 1 2 .8 1 2 .0 1 0 .6 9 .4 9 .1 2 2 .8 16.1 1 5 .9 1 2 .4 1 2 .4 ! ioo.o ! 1 0 0 .0 1 1 ! ioo.o ! ioo.o 1 100*0 I 1 0 0 .0 1 V ! ! ioo.o ioo.o 1 1 0 0 .0 1 0 0 .0 1 00 .0 1 1 ( ! ! ioo.o 1 1 0 0 .0 ( 1 0 0 .0 1 1 0 0 .0 1 1 00 .0 1 I ! 1 0 0 .0 1 0 0 .0 ! ioo.o 1 1 00 .0 1 1 0 0 .0 1 1 ! » ioo.o ! 1 I ! ! ! ioo.o 1 0 0 .0 1 1 0 0 .0 » 1 00 .0 ioo.o ioo.o ioo.o 1 1 0 0 .0 ! ioo.o -1 TABLE 9 4 1 .4 1 I. 1 YEAR f i i 1 i 1 9 4 5 ...| 1 9 4 6 ... 1 1 9 4 7 ...| 1 9 4 8 ...I 1 9 4 9 ...1 ■ 1 1 9 5 0 ... | 1 9 5 1 ... | 1 9 5 2 ...t 1 9 5 3 ...| 1 9 5 4 ...| i 1 1 9 5 5 ...» 1 9 5 6 ... | 1 9 5 7 ...1 1 9 5 8 ...» 1 9 5 9 ...1 1 1 I9 6 0 ...I 1 9 6 1 ...1 1962. . . 1 1 9 6 3 ...f 1 9 6 4 ... | j CASH FLOW AND NET INCOME CURRENT DOLLARS NONFARM INCOME AS A PERCENTAGE OF TOTAL CASH FLOW FARM INCOME AND C A P IT A L CONSUMPTION ALLOWANCES AS A PERCENTAGE OF TOTAL FARM CASH FLOW CASH FLOW IN C LU D IN G U N R E A L IZ E D AND NONMONEY FARM INCOME TOTAL 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 NONFARM 1 « 1 INCOME 1 OF THE 1 | FARM I 1PO PU LA TIO N ! 1 1 2 3 .1 » 2 0 .5 2 2 .4 I 1 2 1 .7 2 7 .6 t 1 1 1 2 6 .3 1 2 4 .2 2 5 .4 1 2 6 .7 I 2 5 .7 1 1 f FARM CASH FLOW TOTAL OPERATORS* NET FARM INCOME LANDLORDS* NET RENTAL _ INCOME _ 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 8 3 .8 8 5 .3 8 3 .6 8 4 .0 7 8 .6 7 .2 7 .9 7 .9 6 .5 6 .8 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 7 7 .8 7 7 .9 7 5 .9 7 3 .5 7 2 .3 7 .0 6 .7 7 .2 6 .9 6 .8 1 CASH 1 1 1 C A P IT A L 1 TOTAL CONSUMPTION! ALLOWANCESt__________ 1 8 .9 I 1 0 0 .0 1 1 0 0 .0 6 .7 8 .5 1 1 0 0 .0 9 .5 1 1 0 0 .0 1 1 0 0 .0 1 4 .6 1 1 1 1 0 0 .0 1 5 .2 1 5 .4 1 1 0 0 .0 1 6 .9 1 1 0 0 .0 1 1 0 0 .0 1 9 .6 I 1 0 0 .0 2 0 .9 I 1 2 3 .0 I 1 0 0 .0 1 1 0 0 .0 2 3 .1 2 4 .4 1 1 0 0 .0 2 1 .9 1 1 0 0 .0 1 1 0 0 .0 2 6 .5 j 2 5 .5 1 1 0 0 .0 1 1 0 0 .0 2 4 .8 1 1 0 0 .0 25.1 2 6 .0 1 1 0 0 .0 2 8 .8 1 1 0 0 .0 1 1 2 5 .7 1 1 0 0 .0 1 1 0 0 .0 2 5 .2 2 8 .9 1 1 0 0 .0 I 1 0 0 .0 3 0 .2 2 8 .7 1 1 0 0 .0 1 1 1 0 0 .o 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 2 7 .8 2 9 .0 2 9 .2 2 6 .7 3 0 .8 1 1 f 1 1 1 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 7 0 .4 7 0 .0 6 9 .2 7 1 .8 6 6 .8 6 .6 6 .9 6 .4 6 .3 6 .7 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 2 9 .9 3 0 .2 3 1 .6 3 3 .1 3 6 .4 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 6 7 .8 6 7 .6 6 6 .8 6 5 .1 6 1 .5 6 .6 7 .6 8 .1 9 .0 9 .7 1 9 6 5 .. . | 1 9 6 6 .. . | 1 9 6 7 .. . | 1968.••1 1969*•• 1 | 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 3 4 .8 3 4 .4 3 7 .0 3 8 .5 3 7 .8 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 6 4 .8 6 5 .3 6 1 .7 6 0 .0 6 2 .3 9 .5 9 .5 9 .4 9 .7 9 .0 1 9 7 0 ...| 1 9 7 1 ...| 1 9 7 2 ...| 1 9 7 3 ...1 1 9 7 4 ...| j 1 9 7 5 ... 1 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 3 8 .5 3 8 .7 3 7 .0 2 8 .9 3 3 .8 1 I 1 f 1 1 1 1 1 1 1 1 1 1 1 1 1 I 1 1 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 6 1 .4 6 0 .4 6 2 .1 6 9 .5 6 2 .8 9 .3 9 .3 1 1 .6 11.8 1 2 .0 2 9 .3 3 0 .3 2 6 .3 1 8 .6 2 5 .2 1 0 0 .0 3 4 .6 1 1 0 0 .0 1 5 9 .7 1 1.2 2 9 .1 ______ L 1 1 1 1 1 1 I 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 1 0 0 .0 -± FLOW EXCLUD IN G U N R E A L IZ E D ANO NONMONEY FARM INCOME | NONFARM FARM CASH FLOW 1 I INCOME » _______ 1 OF THE LANDLORDS* OPERATORS* 1 | FARM NET FARM | TOTAL NET RENTAL 1PO PULA TIO N !___ _ _ INCOME INCOME . 1 9 .1 2 7 .3 I 1 0 0 .0 7 9 .7 2 5 .0 8 1 .0 1 1 0 0 .0 1 0 .3 2 5 .0 1 1 0 0 .0 9 .1 8 1 .1 9 .1 2 7 .8 1 1 0 0 .0 7 7 .6 3 1 .5 1 1 0 0 .0 7 4 .2 8 .2 1 1 9 .3 1 1 0 0 .0 7 0 .5 3 2 .2 I 1 0 0 .0 8 .9 7 0 .6 2 9 .8 1 1 0 0 .0 6 8 .0 9 .6 3 1 .2 8 .4 1 1 0 0 .0 3 0 .7 6 7 .8 I 1 0 0 .0 6 3 .9 8 .8 3 1 .1 1 1 8 .5 3 3 .3 1 1 0 0 .0 6 1 .7 8 .4 1 1 0 0 .0 3 3 .2 6 3 .5 3 5 .3 1 1 0 0 .0 8 .5 5 9 .3 1 1 0 0 .0 6 3 .4 8 .2 3 2 .1 I 1 0 0 .0 3 5 .9 5 8 .1 8 .5 1 1 1 1 0 0 .0 5 8 .9 8 .5 3 5 .3 1 1 0 0 .0 3 5 .2 9 .6 5 9 .2 3 7 .0 1 1 0 0 .0 5 7 .7 1 0 .3 3 8 .7 5 5 .4 1 1 0 0 .0 1 1 .4 4 0 .0 1 1 0 0 .0 5 5 .0 1 1 .3 1 I 4 0 .6 1 1 0 0 .0 5 5 .0 12.1 3 8 .3 1 1 0 0 .0 5 8 .9 1 1 .2 4 2 .5 I 1 0 0 .0 5 1 .7 1 1 .9 4 3 .2 1 1 0 0 .0 5 1 .3 1 1 .9 4 2 .2 I 1 0 0 .0 5 4 .7 1 0.8 1 1 4 2 .8 1 1 0 0 .0 5 3 .8 1 1 .1 4 9 .2 4 4 .7 1 1 .9 I 1 0 0 .0 4 1 .5 1 1 0 0 .0 5 4 .3 1 4 .0 3 3 .1 1 1 0 0 .0 6 3 .0 1 4 .4 3 6 .6 1 1 0 0 .0 5 8 .0 1 3 .6 1 1 4 0 .6 1 1 0 0 .0 4 7 .9 1 4 .5 C A P IT A L CONSUMPTION ALLOWANCES. 1 1 .2 8 .7 9 .8 1 3.3 1 7 .5 2 0 .2 2 0 .5 2 2 .4 2 3 .8 2 7 .3 2 4 .8 2 8 .2 3 2 .2 2 8 .3 3 3 .5 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 3 5 .1 3 8 .9 3 1.7 2 2 .6 2 8 .4 3 7 .6 J__ 129 130 TABLE 942.1 1 1. 1 YEAR | I 1 1 1 1 9 1 0 ...| 1 9 1 1 ...| 1 9 1 2 ...| 1 9 1 3 ...1 1 9 1 4 .. . | | CASH FLOW AND NET INCOME IN 1967 DOLLARS AMOUNTS IN MILLIONS OF DOLLARS CASH FLOW IN C LU D IN G U N R E A L IZ E D AND NONMONEY FARM INCOME | I NONFARM |. 1 INCOME | 1 OF THE FARM | 1 1PO PU LA TIO N ! TOTAL ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ****** ** ** ** ** ** **** **** **** **** **** ****** ****** ****** ****** ****** * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ****** ****** ****** ****** ****** 1 9 3 0 ... | 1 9 3 1 ... | 1 9 3 2 ...! 1 9 3 3 ... | 1 9 3 4 ...| | * * * * * * * * ** ** ** ** * * * * * * * * **** **** **** **** 15876. 5 77 0. 1 9 3 5 ...| 1 9 3 6 ...| 1 9 3 7 ...| 1 9 3 8 ... I 1 9 3 9 ... I j 223 22 . 2 0927. 2 49 78 . 2 10 80 . 21960. 5991. 6855. 6913. 6532. 7004. 1 9 4 0 ...f 1 9 4 1 ...| 1 9 4 2 ...| 1 9 4 3 ...I 1 9 4 4 .. .1 22583. 279 00 . 34618. 3 59 05 . 3 42 39 . 7342. 8067. 8517. 8459. 8160. 1 9 1 5 ...| 1 9 1 6 ...| 1 9 1 7 .. .1 1 9 1 8 ...| 1 9 1 9 .. . | 1 1 9 2 0 ...| 1 9 2 1 ...I 1 9 2 2 ...| 1 9 2 3 ...| 1 9 2 4 ...f | 1 9 2 5 ...| 1 9 2 6 ... | 1 9 2 7 ...| 1 9 2 8 ... 1 1 9 2 9 ... I | ________ L * * * * * * * * » CASH FLOW EXCLUD IN G U N R E A L IZ E D AND ! FARM FARM c a s h f l o w 1 NONFARM | ! ! 1 INCOME 1 1 LANDLORDS * C A P IT A L I TOTAL 1 OF THE O PERATORS* OPERATORS* t FARM | TOTAL NET FARM NET RENTAL NET FARM TOTAL CONSUMPTION! INCOME 1P O PU LA TIO N ! INCOME INCOME __ ___ALLOWANCES!____ ! 1 ****** ****** 1041. 13524. 1353. 7 31 5. 15918. 9709. ****** j ****** 10870. 1441. 1077. 6515. 133 87 . 9032. j ****** ****** 9618. 7004. 14197. 1104. 1510. 16812. j ****** ****** 11850. 1549. 1 4493. 1095. 9937. 7293. j ****** ****** 156 04 . 12962. 1121. 89 7 8 . 1522. 6336. i 1 1 ****** ****** 13066. 1248. 15936. 1622. 9759. 6889. j ****** ****** 15680. 1495. 113 15 . 12513. 1672. 8148. j ****** ****** 2 19 39 . 1608. 18473. 1858. 139 23 . 10457. j * * * * * * * * * * * * 19979. 16644. 1627. 1708. 1 4 6 24 . 11289. j ****** ****** 17460. 1479. 14323. 1658. 9 89 4. 130 31 . i 1 * * * * * * * * * * * * 13431. 11009. 1710. 712. 5314. 7736. j ****** ****** 5 97. 9254. 6 61 7. 2040. 5425. 2788. * * * * * * j * * * * * * 11880. 9140. 7 74 . 1966. 6867. 4127. j ****** ****** 13295. 10461. 888. 1946. 7976. 5 14 2. 1 * * * * * * * * * * * * 13060. 1965. 10021. 1073. 8772. 5734. i 1 1 ****** ****** 1744. 940. 16152. 13468. 7348. 10032. j ****** ****** 1 20 99 . 147 71 . 1806. 8 66 . 9165. 6493. j ****** ****** 11839. 1080. 14768. 1849. 9724. 6795. j ****** ****** 123 45 . 1024. 1 52 27 . 1858. 9 55 7. 6675. j ****** ****** 15795. 1915. 7628. 12863. 1016. 105 59 . ii 1 ****** ****** 9524. 7574. 12377. 718. 2135. 4 72 0. j ****** ****** 11260. 8684. 4768. 353. 2223. 2192. j ****** ****** 8569. 2230. 805. 617 3. 167. 3202. j * * * * * * * * * * * * 471. 1920. 10009. 7618. 3 29 5. 5 68 6. 7715. 676. 1716. 5770. 10106. I 13672. 7 90 2. 5 51 1. ■ 1 16331. 901. 1724. 5 99 1. 13706. ! 15308. 9317. 6692. 995. 1890. 6855. 7 86 0. 11187. ( 17601. 107 45 . 140 72 . 18065. j 17474. 15106. 956. 2 00 2. 6 91 3. 1 0 5 61 . 7602. 11510. 839. 2 199. 8974. 14548. 1 15506. 6 53 2. 5936. 14957. 1017. 11844. 2096. 1 16473. 7 00 4. 9469. 6357. Ii 15240. 19833. 261 01 . 27446. 260 78 . 11927. 16075. 212 93 . 22765. 2 15 37 . 1192. 1 60 3. 1923. 202 5 . 1919. 2121. 2155. 2885. 2 65 6. 2 62 2. ! 1 ! ! » 16635. 214 20 . 26670. 2 9 9 32 . 29223. J ___ 7 34 2. 8067. 8 51 7. 8 45 9. 8 16 0. 9 29 3. 13353. 18153. 21473. 21062. 5 98 0. 9596. 13345. 16792. 16521. NONMONEY FARM INCOME CASH FLOW LANDLORDS * NET RENTAL INCOME C A P IT A L CONSUMPTION ALLOWANCES 1041. 1077. 1104. 1095. 1121. 1353. 1441. 1 510. 1 54 9. 1 52 2. 1 24 8. 1495. 1 85 8. 1 627. 1 47 9. 1 622. 1 672. 1 60 8. 1 70 8. 1 658. 712. 5 97 . 774. 888. 1073. 1 710. 2 04 0. 1 96 6. 1946. 1965. 940. 866. 1080. 1024. 1016. 1 74 4. 1 806. 184 9. 1858. 1 915. 718. 353. 167. 471. 676. 2 13 5. 2 22 3. 2 23 0. 1 92 0. 1716. 901. 995. 956. 839. 1017. 1 72 4. 1890. 2 00 2. 2 19 9. 2096. 1192. 1603. 1923. 2 02 5. 1919. 2121. 2155. 2885. 2656. 2 62 2. TABLE 942.1 CASH FLOW AMD NET INCOME IN 1967 DOLLARS AMOUNTS IN MILLIONS OF DOLLARS 1 YEAR CASH L i | FLOW IN C LU D IN G U N R E A L IZ E D AND NONMONEY FARM INCOME | NONFARM | INCOME 1 OF THE 1 [ TOTAL FARM | 1 1POPULATION! 1 i 1 9 4 5 ...| 1 9 4 6 ...| 1 9 4 7 ...I 1 9 4 8 ...| 1 9 4 9 ...| j FARM CASH FLOW 1 TOTAL O PER A T O R S• NET FARM INCOME LANDLORDS* NET RENTAL . INCOME. _ 1 CASH f l o w EXCLUD IN G U N R E A L IZ E D AND 1 1 NONFARM | FARM 1 1 INCOME 1 1 C A P IT A L I TOTAL 1 OF THE 1 O PERATORS* 1 FARM | TOTAL CONSUMPTION! NET FARM ALLOWANCES!___ INCOME LPO PU LA T IQ N l 1 I 2 85 24 . 7793. 20730. 16530. 2 31 8. 1 89 5. 7255. I 2 90 36 . 21781. 17653. 211 0. 7 19 7. 21616. 17529. 1 2 88 13 . 7460. 2 56 8. 1 2 6788. 19328. 15002. 8 20 5. 313 4. I 26067. 1 78 62 . 13262. 1 337 76 . 35402. 3 21 44 . 3 44 46 . 29741. 7793. 7255. 7197. 7460. 8205. 2 59 83 . 28148. 2 4 9 48 . 26986. 2 15 36 . 2 1 7 83 . 24019. 20861. 22661. 16935. 1882. 2 23 3. 1977. 1 75 8. 1467. 1 9 5 0 ...| 1 9 5 1 ...I 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 ...f 1 3 11 65 . 3 23 92 . 3 14 09 . 28830. 27486. 8198. 7823. 7992. 7705. 7077. 2 2 9 67 . 2 45 69 . 23417. 21125. 20409. 17864. 191 45 . 17777. 15537. 147 56 . 1614. 1644. 1688. 1 453. 1382. 3488. 3781. 395 2. 4135. 4 271. ! 1 1 1 1 25485. 2 6269. 256 13 . 2 5061. 22726. 8198. 7823. 7992. 7705. 7077. 172 87 . 18447. 176 21 . 173 56 . 15649. 26546. 2 66 41 . 25855. 28072. 25900. 7390. 7737. 7554. 7496. 7965. 19155. 189 04 . 18300. 2 05 77 . 179 35 . 13482. 13226. 12657. 1 47 74 . 11978. 1261. 1303. 1175. 1303. 1204. 4413. 437 5 . 4468. 4500. 4753. 2 22 12 . 23277. 2 1 4 14 . 2 3370. 22172. 739 0. 7737. 7554. 7496. 7965. I9 6 0 ...| 1 9 6 1 ...1 1 9 6 2 ...| 1 9 6 3 ...I 1 9 6 4 ...| 26887. 280 26 . 28820. 2 9 2 25 . 28758. 8034. 8451. 9106. 9679. 10457. 18853. 1 95 76 . 1 97 14 . 19546. 18300. 12789. 13231. 13168. 127 18 . 11261. 1248. 1489. 1 601. 1754. 1 776. 4816. 4855. 4945. 5 07 4. 5263. 1 1 1 1 1 1 1 227 79 . 23991. 24594. 250 00 . 26116. 1 9 6 5 ...| 1 9 6 6 ...) 1 9 6 7 ...| 1 9 6 8 ...1 1 9 6 9 ...| 3 20 24 . 33194. 3 1739. 3 19 51 . 3 38 92 . 1 11 50 . 11419. 1 1 7 37 . 122 90 . 12808. 20874. 2 17 75 . 20002. 1 9661. 2 10 83 . 13533. 14227. 12339. 118 06 . 13143. 1 97 9. 2 06 2. 1882. 1 915. 1895. 5 36 2. 5 48 7. 5781. 5940. 6045. 330 11 . 3 3 3 53 . 387 30 . 50717. 4 21 53 . 1 26 98 . 1 2896. 143 29 . 1 4681. 1 42 42 . 20313. 2 0 4 57 . 24400. 36036. 27911. 12475. 12355. 15159. 2 50 51 . 1 7537. 1879. 1 89 6. 2835. 4 26 6. 3 35 1. 5 95 9. 6206. 6406. 6 71 9. 7024. 27477. 297 91 . 1 2 75 99 . I 2 84 24 . 1 30327. I1 1 9 7 5 . . . | 39349. 13633. 25715. 15345. 2 87 9. 7 491. 1 i 1 1 1 9 7 0 ...| 1 9 7 1 .. .1 1 9 7 2 ...| 1 9 7 3 ...1 1 9 7 4 ...J j _______L NONMONEY FARM INCOME CASH FLOW LANDLORDS* NET RENTAL INCOMF C A P IT A L CONSUMPTION ALLOWANCES 1 88 2. 223 3. 1977. 1 75 8. 1467. 2318. 1895. 2 11 0. 2568. 3134. 121 85 . 130 22 . 11981. 11768. 9996. 1614. 1 644. 1 68 8. 1453. 1382. 3488. 3 78 1. 395 2. 4135. 4271. 148 22 . 15539. 138 60 . 1 58 74 . 1 42 07 . 9148. 9861. 8217. 10072. 8250. 1261. 1303. 1175. 1303. 1204. 4413. 4375. 4468. 4500. 4753. 8034. 8451. 9106. 9679. 10457. 1 47 44 . 15540. 15489. 15321. 15659. 8681. 9195. 8943. 8 49 3. 8620. 1 24 8. 1 48 9. 1 60 1. 175 4. 177 6. 4816. 48 5 5 . 4945. 5074. 5 263. I | 1 11 50 . 11419. 117 37 . 12290. 128 08 . 1 6 3 27 . 1 8 3 71 . 15862. 1 61 34 . 17519. 8986. 10823. 8199. 8279. 9579. 1 979. 2062. 1882. 1915. 1 89 5. 5 36 2. 5 48 7. 5 78 1. 5 940. 6045. I 2 9 6 82 . 1 28832. | 3 4 5 34 . 1 443 90 . 1 3 89 52 . 126 98 . 1 2896. 1 43 29 . 14681. 142 42 . 16985. 1 59 36 . 20205. 29709. 24710. 9146. 7834. 10964. 18724. 14335. 1879. 1896. 2 83 5. 4266. 3351. 5959. 6206. 6406. 6719. 7024. I 33542. 1 36 33 . 19909. 9539. 2879. 7491. i 1 1 I 1 1 i | J _______ THE P R IC E DEFLATOR USED I S THE ANNUAL AVERAGE USDA IN D EX OF P R IC E S P A ID BY FARMERS FOR FA M ILY L IV IN G IT E M S . FOR YEA RS A FTER 1959f P R E F E R A B L E S E R I E S FOR NONFARM INCOME AND TOTAL CASH FLOW ARE SHOWN IN T A BLE 9 5 2 .1 . S E E T A BLE 9 4 1 .1 FOR A D D ITIO N A L IN FO RM ATIO N. 131 132 TABLE 942.2 CASH FLOW INCLUDING UNREALIZED AND 1 1. | FARM 1 1 NONFARM YEAR I 1. 1 INCOME 1 OPERATORS* 1 TOTAL | OF THE FARM | TOTAL NET FARM 1 1 INCOME J _______ 1POPULATION! 1 ****** —2654• 1911...| ****** -2530. ****** 3424. 1912...| ****** 3327. ****** 1913...| ****** -2347. -2318. ****** 1914...| ****** 1111. 1112. i 1 ****** 104. 1915... | ****** 332. ****** 1916...| ****** -256. -553. ****** 1917... 1 ****** 6259. 5960. ****** 1918... | ****** -1960. -18 30. ****** ****** 1919...| -2519. -2321. i ****** ****** -3314. 1920...| -4029. ****** -4177. -4392. 1921... 1 ****** ****** ****** 2523. 1922...| 2627. ****** 1415. 1923...1 ****** 1321. ****$* ****** -440 . -235. 1924...1 1 1 ****** 3447. 1925...| ****** 3092. ****** -1369. -1381. 1926...1 ****** ****** -260. -3. 1927...1 ****** ****** 459. 1928...| ****** 506. ****** 1929...| ****** 518. 568. i 1 ****** -3340. 1930... 1 ****** -3418. ****** -840. 1931... | ****** -1117. ****** -2690. -2511. 1932... 1 ****** ****** 1445. 1439. 1933...1 ****** ****** 97. 97. 1934...1 ****** i 1 6225. 5991. 1935... | 6446. 221. -2250. -2519. 865. 1936...1 -1394. 3919. 57. 3993. 1937...| 4050. -3596. -3517. -381. 1938...| -3897. 334. 409. 1939...1 880. 471. i f 339. 284. 83. 1940...f 622. 4148. 1941...| 5317. 725. 4592. 5218. 449. 6269. 1942...I 6718. 1344. 1472. -58. 1943...| 1287. -299. -1367. -1228. 1944...1 -1666. 1 CASH FLOW AND NET INCOME IN 1967 DOLLARS CHANGE FROM PREVIOUS YEAR IN MILLIONS OF DOLLARS NONMONEY FARM INCOME 1 CASH FLOW EXCLUDING UNREALIZED AND 1_____ CASH FLOW | FARM I 1 NONFARM 1 INCOME I 1 LANDLORDS* I TOTAL I OF THE | CAPITAL OPERATORS* NET RENTAL CONSUMPTION! | FARM | TOTAL NET FARM INCOME __ALLOWANCES! . INCOME 1POPULATION I 1 | ****** ****** 36. 88. -677. -800. j ****** ****** 69. 28. 489. 586. | ****** ****** 39. -10. 319. 290. ****** j ****** -27. 26. -959. -957. I 1 | ****** ****** 127. 101. 781. 553. | ****** ****** 247. 49. 1556. 1259. j ****** ****** -64. 362. 2608. 2309. j ****** ****** 101. -231. 702. 832. ****** j ****** -148. -51. -1395. -1593. ■ 1 ****** | ****** -767. 52. -5295. -4580. j ****** ****** -115. 330. -2312. -2526. j ****** ****** -74. 178. 1339. 1442. j ****** ****** -19. 1015. 113. 1108. j ****** ****** 19. 186. 797. 592. I 1 | ****** ****** 1614. -133. -221. 1260. j ****** ****** -74. 62. -867. -855. ****** | ****** 214. 560. 43. 302. j ****** ****** 9. -56. -168. -120. j ****** ****** 58. -8. 1002. 952. l l | ****** ****** 220. -298. -2985. -2907. ****** | ****** -365. 87. -2529. -2806. j ****** ****** 7. -1566. -1387. -186. | ****** ****** 304. -310. 2484. 2490. j ****** ****** 2216. 2217. 205. -205. l 1 1415. 1181. 225. 9. 221. 1 1636. 865. 1169. 1428. I 2293. 166. 93. I -127. 57. -185. -258. -39. 112. -117. 1 -1967. -381. -1587. -1666. 196. 421. 471. 496. I 967. 178. -103. i 339. -177. -377. 25. 175. 1 162. 34. 725. 4060. 3616. 410. I 4786. I 5249. 449. 48 00. 3749. 730. 321. 3320. 3448. -230. I 3263. -58. 102. -411. -34. 1 -710. -299. -271. -106. I NONMONEY FARM INCOME CASH FLOW LANDLORDS* NET RENTAL INCOME CAPITAL CONSUMPTION ALLOWANCES 36. 28. -10. 26. 88. 69. 39. -27. 127. 247. 362. -231. -148. 101. 49. -64. 101. -51. -767. -115. 178. 113. 186. 52. 330. -74. -19. 19. -133. -74. 214. -56. -8. -221. 62. 43. 9. 58. -298. -365. -186. 304. 205. 220. 87. 7. -310. -205. 225. 93. -39. -117. 178. 9. 166. 112. 196. -103. 175. 410. 321. 102. -106. 25. 34. 730. -230. -34. TABLE 942.2 CASH FLOW AND NET INCOME IN 1967 DOLLARS CHANGE FROM PREVIOUS YEAR IN MILLIONS OF DOLLARS YEAR 1 1. 1 CASH FLOW INCLUDING UNREALIZED AND NONMONEY FARM INCOME 1 1 TOTAL 1 1 i 1945...| 1946. ..1 1947... 1 1948. .. 1 1949... 1 1 1 1950...| 1951...| 1952...1 1953...I 1954...1 1 1955...1 1956...1 1957...1 1958 ... 1 1959...| j 1960...| 1961...| 1962...| 1963...1 1964...| t 1 1965...1 1966...1 1967...1 1968...| 1969...| i 1 1970...| 1971...| 1972...1 1973...| 1974...| j 1975...| ___________L NONFARM INCOME OF THE FARM POPULATION | FARM CASH FLOW 1. | OPERATORS* LANDLORDS* | TOTAL NET FARM NET RENTAL 1 .INCOME INCOME I CASH FLOW EXCLUDING UNREALIZED AND NONMONEY FARM INCOME FARM CASH FLOW 1 NONFARM | 1 INCOME 1 CAPITAL 1 TOTAL 1 OF THE 1 OPERATORS* LANDLORDS* | FARM | TOTAL NET FARM CONSUMPTION NET RENTAL ALLOWANCES INCOME IPOPULATJQNl INCOME _ CAPITAL CONSUMPTION ALLOWANCES -462. 1626. -3258. 2302. -4706. -367. -539. -58. 263. 745. -95. 2165. -3200. 2039. -5451. 246. 2237. -3159. 1800. -5726. -37. 351. -256. -219. -291. -304. -422. 215. 458. 566. 1 -699. 1 512. 1 -223. 1 -2025. 1 -720. -367. -539. -58. 263. 745. -332. 1051. -165. -2288. -1465. 9. 1123. -123. -2527. -1740. -37. 351. -2 56. -219. -291. -304. -422. 215. 458. 566. 1424. 1228. -984. -2578. -1345. -7. -375. 169. -287. -628. 1431. 1603. -1152. -2292. -716. 930. 1280. -1368. -2239. -781. 147. 30. 45. -235. -71. 354. 293. 171. 183. 136. I -582. 1 784. 1 -657. 1 -552. I -2335. -7. -375. 169. -287. -628. -575. 1159. -826. -265. -1706. -1077. 837. -1041. -213. -1772. 147. 30. 45. -235. -71. 354. 293. 171. 183. 136. -940. 95. -787. 2218. -2173. 314. 347. -183. -59. 469. -1253. -251. -604. 2276. -2642. -1274. -257. -568. 2117. -2796. -122. 43. -128. 128. -98. 142. -37. 93. 32. 253. 1 -514. 1 1065. 1 -1863. 1 1956. 1 -1198. 314. 347. -183. -59. 469. -828. 718. -1680. 2015. -1667. -848. 713. -1644. 1855. -1822. -122. 43. -128. 128. -98. 142. -37. 93. 32. 253. 987. 1139. 793. 406. —467. 69. 416. 655. 574. 778. 918. 723. 138. -168. -1246. 811. 442. -63. -450. -1457. 44. 241. 112. 152. 23. 63. 40. 89. 130. 188. 1 1 I 1 1 607. 1212. 604. 406. 1116. 69. 416. 655. 574. 778. 537. 796. -51. -168. 338. 431. 515. -252. -450. 127. 44. 241. 112. 152. 23. 63 . 40. 89. 130. 188. 3266. 1170. -1455. 212. 1940. 692. 269. 318. 553. 518. 2574. 901. -1773. -341. 1422. 2272. 693. -1888. -533. 1337. 202. 83. -180. 33. -20. 100. 125. 294. 159. 105. I 1361. 1 2314. 1 -2192. 1 825. 1 1903. 692. 269. 318. 553. 518. 668. 2044. -2509. 272. 1385. 366. 1837. -2624. 80. 1300. 202. 83. -180. 33. -20. 100. 125. 294. 159. 105. -880. 342. 5376. 11987. -8564. -111. 199. 1433. 352. -439. -770. 144. 3943. 11636. -8125. -668. -120. 2804. 9892. -7514. -16. 17. 939. 1431. -915. -86. 247. 200. 314. 305. I -645. | -850. 1 5702. I 9856. | -5438. -111. 199. 1433. 352. -439. -534. -1049. 4269. 9504. -4999. -433. -1312. 3130. 7760. -4389. -16. 17. 939. 1431. -915. -86. 247. 200. 314. 305. -2805. -609. -2196. -2192. -471. 467. I -5410. -609. -4801. -4796. -471. 467. 133 134 TABLE 942.3 CASH FLOW AND NET INCOME IN 1967 DOLLARS PERCENTAGE CHANGE FROM PREVIOUS YEAR CASH FLOW INCLUDING UNREALIZED AND NONMONEY FARM INCOME YEAR I CASH FLOW EXCLUDING UNREALIZED AND NONMONEY FARM INCOME FARM CASH FLOW 1 FARM CASH FLOW t 1 11 NONFARM 1 . . .... 1 1 INCOME I O P ERATORS1 LANDLORDS• CAPITAL 1 TOTAL 1 OF THE 1 OPERATORS' LANDLORDS• 1 NET RENTAL CONSUMPTION! FARM |) ( TOTAL NET FARM NET RENTAL 1 TOTAL NET FARM lEQmATlQNJ_________ INCOME______INCOME_____ALLOWANCES.!_______If QPULAIJLQNJ_________ INCOME_______ INCOME I 11 NONFARM ! 11 INCOME I TOTAL 11 OF THE FARM I 11 1911...| 1912...1 1913...f 1914... | | 1915...| 1916...I 1917...| 1918.•• I 1919...| i 1920... | 1921...1 1922... 1 1923...f 1924... | 1 1925... | 1926... | 1927...1 1928. . . 1 1929... | ***** * * * * * * * * * * * * * * * * * * * * ***** ***** ***** ***** * * * ♦ * * * * ♦ * * * * ♦ * * * * * * * * * ♦ * -15.9 25.6 -13.8 7.7 -19.6 30.6 -16.5 9.4 3.4 2.6 -0.9 2.4 6.5 4.8 2.6 -1.8 ***** ***** ***** ***** ***** 2.1 -1.6 39.9 -8.9 -12.6 0.8 -4.2 47.6 -9.9 -13.9 11.3 19.8 24.2 -12.4 -9.1 6.6 3.0 -3.8 6.3 -3.0 j j j j I 1 ) j } j j ***** -23.1 -31.1 28.4 11.9 -1.8 -23.1 -39.9 38.1 14.4 -4.2 -51.9 -16.1 29.8 14.6 20.9 3.2 19.3 -3.6 -1.0 1.0 23.7 -8.5 -0.0 3.1 3.7 34.4 -10.2 -2.2 4.3 4.2 -12.4 -7.9 24.7 -5.2 -0.7 -11.2 3.5 2.4 0.5 3.1 -21.6 -9.0 -23.9 16.8 1.0 -26.0 -8.8 -28.9 23.4 1.3 -29.4 -50.8 -52.7 182.0 43.4 11.5 4.1 0.3 -13.9 -10.7 3.8 14.4 0.8 -5.5 7.2 61.6 -13.8 28.4 -19.5 2.8 77.7 -18.4 35.0 -23.8 2.9 33.4 10.4 -3.9 -12.2 21.2 0.5 9.6 5.9 9.8 -4.7 4.8 9.9 5.6 -0.7 -3.5 1.9 30.1 31.6 5.1 -5.0 0.7 34.8 32.5 6.9 -5.4 17.2 34.4 20.0 5.3 -5.2 1.2 1.6 33.9 -8.0 -1.3 * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * 4 c * * * * * * * * * * * * * * ***** ***** ***** ***** * * * * * * * * * * t 1930... | * * * * * 1931...1 * * * * * 1932...1 * * * * * 1933...I * * * * * 1934...1 * * * * * j 1935... | 40.6 1936...| -6.2 1937...I 19.4 1938...I -15.6 1939... | 4.2 j 1940...| 2.8 1941...| 23.5 24.1 1942...1 1943...| 3.7 1944...f -4.6 * * * * * * * * * * * * * * * * * * * * * * * * * ***** ***** * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * ***** ***** ***** CAPITAL CONSUMPTION ALLOWANCES -7.0 6.5 3.3 -9.6 -10.9 7.5 4.1 -13.1 3.4 2.6 -0.9 2.4 6.5 4.8 2.6 -1.8 8.7 18.3 28.3 8.0 -12.4 11.3 19.8 24.2 -12.4 -9.1 6.6 3.0 -3.8 6.3 -3.0 ***** ***** ***** ***** * * * * * 8.7 15.9 23.0 5.0 -10.9 | j j j j * * * * * * * * * * * * * * * 1 1 | -40.6 -29.9 26.6 16.1 10.0 -46.3 -47.5 48.0 2 4.6 11.5 -51.9 -16.1 29.8 14.6 20.9 3.2 19.3 -3.6 -1.0 1.0 * * * * * * * * * * 14.4 -8.6 6.1 -1.7 10.5 28.1 -11.6 4.7 -1.8 14.3 -12.4 -7.9 24.7 -5.2 -0.7 -11.2 3.5 2.4 0.5 3.1 ***** -28.3 -37.0 -32.8 77.6 39.0 -38.1 -53.6 -63.3 309.3 67.3 -29.4 -50.8 -52.7 182.0 43.4 11.5 4.1 0.3 -13.9 -10.7 3.8 14.4 0.8 -5.5 7.2 17.9 15.3 -1.7 -15.0 5.5 21.4 17.5 -3.3 -21 .9 7.1 33.4 10.4 -3.9 -12.2 21.2 0.5 9.6 5.9 9.8 -4.7 4.8 9.9 5.6 -0.7 -3.5 -1.9 43.7 35.9 18.3 -1.9 -5.9 60.5 39.1 25.8 -1 .6 17.2 34.4 20.0 5.3 -5.2 1.2 1.6 33.9 -8.0 -1.3 ■ 1 * * * * * * * * * * * * * * * * * * * * j ***** j ***** j ***** ) I 1 | j j * * * * * ***** * * * * * * * * * * * * * * * * * * * * ***** * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * * j j ***** i 1 12.0 1 15.0 » -0.7 1 -11.3 1 6.2 i 1 | 1.0 1 28.8 1 24.5 I 12.2 I -2.4 * * * * * * * * * * * * * * * * TABLE 942.3 CASH FLOW AND NET INCOME IN 1967 DOLLARS PERCENTAGE CHANGE FROM PREVIOUS YEAR CASH 1 1. 1 YEAR | 1 TOTAL 1 J 1 1945... 1 -1.4 4.8 1946. ••1 1947... 1 -9.2 1948...f 7.2 1949... | -13.7 1 1 4.8 1950...1 3.9 1951... 1 1952... 1 -3.0 1953... 1 -8.2 1954...I -4.7 i 1955... | -3.4 1956... | 0.4 1957...I -3.0 8.6 1958... 1 1959... 1 -7.7 1 1 I960. .. | 3.8 4.2 1961...1 2.8 1962...1 1963...| 1.4 1964...t -1.6 i 11.4 1965...1 3.7 1966...1 1967...1 -4.4 0.7 1968 ... 1 6.1 1969...1 1 1 1970...I -2.6 1.0 1971...1 16.1 1972...1 31.0 1973...1 1974...1 -16.9 i 1975...| -6.7 ___________L FLOW INCLUDING UNREALIZED AND NONMONEY FARM INCOME | NONFARM | 1 INCOME 1. 1 OF THE 1 | FARM | TOTAL 1POPULATION! -4.5 -6.9 -0.8 3.7 10.0 -0.4 8.3 -11.4 8.2 -20.2 -0.1 — 4.6 2.2 -3.6 -8.2 6.6 7.0 -4.7 -9.8 -3.4 4.4 4.7 -2.4 -0.8 6.3 -6.1 -1.3 -3.2 12.4 -12.8 0.9 5.2 7.8 6.3 8.0 5.1 3.8 0.7 -0.9 -6.4 6.6 2.4 2.8 4.7 4.2 14.1 4.3 -8.1 -1.7 7.2 -0.9 1.6 11.1 2.5 -3.0 -3.7 0.7 19.3 47.7 -22.5 -4.3 -7.9 I CASH FLOW EXCLUDING UNREALIZED AND 1_______ FARM CASH FLOW | NONFARM | FARM 1 I INCOME | 1 OPERATORS f LANDLORDS• 1 OPERATORS• CAPITAL 1 TOTAL 1 OF THE NET RENTAL CONSUMPTION! 1 FARM ( TOTAL NET FARM NET FARM __ ALLOWANCES!________ 1POPULATION! INCOME INCOME INCOME I -4.5 -1.9 1 -2.4 0.1 1.1 -11.6 -1 .6 -6.9 5.1 6.8 I 1.8 10.3 18.6 -18.2 -0.7 -11.5 11.3 1 -0.8 -0.8 -0.8 -13.2 -14.4 1 -7.0 3.7 -10.6 8.6 21.7 -11.1 10.0 -11.6 -7.6 -16.5 22.0 -25.3 1 “ 2.7 1 -0.1 5.5 1 -2.2 -3.2 -8.1 10.0 11.3 -4.6 6.9 8.4 1 3.1 7.2 6.7 1.8 2.2 -4.5 -8.0 4.5 -7.1 1 -2.5 2.7 -3.6 -1.5 -13.9 -1.8 -12.6 4.6 1 -2.2 -5.0 -8.2 -9.8 -15.1 -4.9 3.3 1 -9.3 1 4.4 -8.5 -8.8 -8.6 3.3 1 -2.3 -5.3 4.7 7.8 -1.9 3.4 -0.8 1 4.8 4.8 -2.4 -16.7 1 -8.0 -4.3 -9.8 2.1 -10.8 -0.8 14.5 22.6 10.9 16.7 0.7 1 9.1 -18.9 1 -5.1 -10.5 6.3 5.6 -18.1 -7.6 I 0.9 3.8 5.2 6.8 3.6 1.3 1 2.7 5.4 5.9 3.5 0.8 5.2 19.3 1 5.3 -2.7 7.8 -0.3 -0.5 7.5 1.8 1 2.5 -5.0 6.3 -3.4 9.5 2.6 1 1.7 -1.1 8.0 1.5 -11.5 I 4.5 2.2 1.3 3.7 1 6.6 1.9 1 5.2 4.3 4.2 20.2 11.4 2.4 20.4 5.1 I 8.4 12.5 4.2 2.3 5.4 1 -7.4 2.8 -13.7 -24.2 -13.3 -8.7 1.0 1.7 2.8 I 3.0 4.7 1.8 -4.3 -1.0 1 6.7 4.2 8.6 15.7 1.8 11.3 1 -0.9 -1.4 -3.1 -4.5 -5.1 -0.8 1 -2.1 4.1 1 -2.9 1.6 -1.0 0.9 —6 •2 -14.3 40.0 1 19.8 11.1 26.8 22.7 49.5 3.2 2.5 47.0 50.5 4.9 1 28.5 70.8 65.3 -23.4 -3.0 -16.8 -30.0 4.5 -21.5 1 -12.3 1 1 -19.4 -14.1 -12.5 6.6 I -13.9 -4.3 -33.5 1 NONMONEY FARM INCOME CASH FLOW L A NDLORDS• NET RENTAL INCOME CAPITAL CONSUMPTION ALLOWANCES -1.9 18.6 -11.5 -11.1 -16.5 -11.6 -18.2 11.3 21.7 22.0 10.0 1.8 2.7 -13.9 -4.9 11.3 8.4 4.5 4.6 3.3 -8.8 3.4 -9.8 10.9 -7.6 3.3 -0.8 2.1 0.7 5.6 3.6 19.3 7.5 9.5 1.3 1.3 0.8 1.8 2.6 3.7 11.4 4.2 -8.7 1.8 -1.0 1.9 2.3 5.4 2.8 1.8 -0.8 0.9 49.5 50.5 -21.5 -1.4 4.1 3.2 4.9 4.5 -14.1 6.6 135 136 TABLES 951.1 AND 951.2 CASH FLOW AND NET INCOME CURRENT DOLLARS CASH FLOW EXCLUDING UNREALIZED AND NONMONEY FARM INCOME CASH FLOW INCLUDING UNREALIZED AND NONMONEY FARM INCOME YEAR TOTAL 1OFF— F A R M ) 1 INCOME |. OF f a r m ! IOPERATORI TOTAL LFAMILIESJ FARM CASH FLOW OPERATORS* NET FARM .INCOME LANDLORDS* NET RENTAL INCOME_ 951.1 CAPITAL CONSUMPTION ALLOWANCES total |OFF— FARM| I INCOME | I OF FARMl IOPERATOR| TOTAL 1FAMILIES! FARM CASH FLOW OPERATORS* NET FARM INCOME LANDLORDS* NET RENTAL .INCOME CAPITAL CONSUMPTION ALLOWANCES AMOUNTS IN MILLIONS OF DOLLARS I960... 1961... 1962.. . 1963... 1964.. . 1965... 1966... 1967... 1968... 1969... 25461. 26854. 27965. 29109. 28687. 32623. 35249. 34497. 35987. 39540. 8482. 9163. 9904. 11020. 11637. 12727. 13882. 14495. 15466. 16612. 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. 4696. 4903. 5111 . 5384. 5781 . 6200 . 6574. 21761. 23207. 24094. 25199. 26226. 28289. 31909. 30357. 32306. 35664. 8482. 9163. 9904. 11020. 11637. 12727. 13882. 14495. 15466. 16612. 13279. 14044. 14190. 14179. 14589. 15562. 18027. 15862. 16840. 19052. 7818. 6310. 8193. 7860. 8031. 8565. 10620. 8199. 8641. 10417. 1124. 1346. 1467. 1623. 1655. 1886. 2023. 1882. 1999. 2061 . 4337. 4388. 45 30. 4696. 4903. 5111. 5364. 5781. 62CC. 6574. 1970... 1971... 1972... 1973... 1974.. . 1975... 40395. 43009. 50593. 71678. 68617. 71273. 17352. 18780. 20550. 23705. 26401. 28441. 23043. 24229. 30043. 47973. 42216. 42832. 14151. 14633. 18665. 33349. 26524. 25559. 2132 . 2246. 3491. 5679. 5068. 4796. 6760. 7350. 7887. 8945 . 10624. 12477. 36619 . 37654. 45427. 63255. 63775. 61602. 17352. 18780. 20550. 23705. 26401. 28441. 19267. 18874. 24877. 39550. 37374. 33161. 10375. 9278. 13499. 24926. 21682. 15888. 2132. 2246. 3491. 5679. 5068. 4796. 6760. 7350. 7887. 8945. 10644. 12477. 951.2 CHANGE FROM PREVIOUS YEAR IN MILLIONS OF DOLLARS 1961.. . 1962... 1963.. . 1964.. . 1965... 1966... 1967.. . 1968... 1969.. . 1393. 1111. 1144. -422. 3936. 2626. -752. 1490. 3553. 681. 741. 1116. 617. 1090. 1155. 613. 971. 1146. 712. 370. 28. -1039. 2846. 1471. -1365. 519. 2407. 439. 107. -294. -1278. 2407. 1061. -1621. “ 17. 1971 . 222 . 121 . 156. 32. 231 . 137. -141 . 117. 62. 51. 142. 166. 207. 208. 273. 397. 419. 374. 1970... 1971.. . 1972... 1973... 1974.. . 1975... 855. 2614. 7584. 21085. -3061. 2656. 740. 142 8. 1770. 3155. 2696. 2040. 115. 1186. 5814. 17930. -5757. 616. -142. 482. 4032. 14684. -6825. -965. 71 . 114. 1245. 2168. -611 . -272. 186. 590. 537. 10 58. 1679. 1853. 1 1 1 1 1 1 1 1 1 1 l 1 1 1 1 1 1 1 _L 1446. 887. 1105. 1027. 2063. 3620. -1552. 1949. 3358. 681. 741. 1116. 617. 1090. 1155. 613. 971. 1146. 765. 146. -11. 410. 973. 2465. -2165. 978. 2212. 492. -117. -333. 171. 534. 2055. -2421. 442. 1776. 222. 121 . 156. 32. 231. 137. -141. 117. 62. 51. 1**2. 166. 207. 2 08. 273. 397. 419. 37**. 955. 1035. 7773. 17828. 520. -2173. 740. 1428. 1770. 3155. 2696. 2040 • 215. -393. 6003. 14673. -2176. -4213. -42. -1097. 4221. 11427. -3244. -5794. 71. 114. 1245. 2188. -611. -272. 186. 590. 537. 1056. 1679. 1853. CASH FLOW AND NET INCOME CURRENT DOLLARS TABLES 951*3 AND 951.4 1 1 1 YEAR | 1 1 1 1 1 1 1 1961.. .1 1962...1 1963..*| 1964..•| 1965...| 1966...| 1967...1 1968..*| 1969...| i 1970...1 1971...| 1972...| 1973...| 1974...1 1975...1 1 1 CASH FLOW INCLUDING UNREALIZED AND NONMONEY FARM INCOME IOFF— FARM! 1 INCOME 1. TOTAL | OF FARM| 1OPERATORI TOTAL IFAMILIESl FARM CASH FLOW OPE R A T O R S 1 LANDLORDS 1 NET FARM NET RENTAL INCOME _ _ INCOME 951.3 CASH FLOW EXCLUDING UNREALIZED AND NONMONEY FARM INCOME 1OFF—FARM| 1 INCOME | TOTAL | OF FARM! IOPERATORI TOTAL IFAMILIESl FARM CASH FLOW OPERATORS1 LANDLORDS1 CAPITAL NET FARM NET RENTAL CONSUMPTION INCOME ... ALLOWANCE^ _ .INCOME PERCENTAGE CHANGE FROM PREVIOUS YEAR 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 -10.9 22.9 8.2 -11.6 -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 2.2 6.5 17.6 41.7 -4.3 3.9 4.5 8.2 9.4 15.4 11.4 7.7 0.5 5.1 24.0 59.7 -12.0 1.5 -1.0 3.4 27.6 78.7 -20.5 -3.6 3.4 5.3 55.4 62.7 -10.8 -5.4 2.8 8.7 7.3 13.4 18.8 17.4 1 » 1 1960...| 1961...| 1962...1 1963...1 1964...I 1965...1 1966...| 1967...1 1968...| 1969...1 | 1970...1 1971...| 1972...I 1973...! 1974...1 1975.. .1 ________ L I 1 1 1 | CAPITAL CONSUMPTION! ALLOWANCES! 951 .4 1 I I I 1 1 I | | I 1 1 I 1 1 I 1 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 -12.0 6.2 13.1 6.3 -1.4 -4.1 2.2 6.6 24.0 -22.8 5.4 20.6 19.6 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 2.7 2.8 20.6 39.2 0.8 -3.4 4.5 8.2 9.4 15.4 11.4 7.7 1.1 -2.0 31.8 59.0 -5.5 -11.3 -0.4 -10.6 45.5 84.7 -13.0 -26.7 3.4 5.3 55.4 62.7 -10.8 -5.4 2.6 8.7 7.3 13.4 18.8 17.4 PERCENTAGE: OF TOTAL CASH FLOW 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 100.0 33.3 34.1 35.4 37.9 40.6 39.0 39.4 42.0 43.0 42.0 66.7 65.9 64.6 62.1 59.4 61.0 60.6 58.0 57.0 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 16.6 100.0 100.0 100.0 100.0 100.0 100.0 43.0 43.7 40.6 33.1 38.5 39.9 57.0 56.3 59.4 66.9 61.5 60.1 35.0 34.0 36.9 46.5 38.7 35.9 5.3 5.2 6.9 7.9 7.4 6.7 16.7 17.1 15.6 12.5 15.5 17.5 1 1 I I 1 I 1 1 ! 1 1 1 1 1 1 1 1 1 1 100.0 100.0 100.0 100.0 100.0 100.0 100.0 i o o .o 100.0 100.0 39.0 39.5 41.1 43.7 44.4 45.0 43.5 47.7 47.9 46.6 61.0 60.5 58.9 56.3 55.6 55.0 56.5 52.3 52.1 53.4 35.9 35.8 34.0 31.2 30.6 30.3 33.3 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 16.1 16.9 19.0 19.2 18.4 100.0 100.0 100.0 100.0 100.0 100.0 47.4 49.9 45.2 37.5 41.4 46.2 52.6 50.1 54.8 62.5 58.6 53.8 28.3 24.6 29.7 39.4 34.0 25.8 5.8 6.0 7.7 9.0 7.9 7.8 18.5 19.5 17.4 14.1 16.7 20.3 J________ •TOTAL CASH FLOW* IS THE SUM OF THE CASH FLOW FROM FARMING RECEIVED BY FARM OWNERS AND OPERATORS AND THE OFF-FARM INCOME OF FARM OPERATORS AND THEIR FAMILIES. SEE TABLE 941.1 FOR OTHER DEFINITIONS AND FOR DATA ON FARM CASH FLOW PRIOR TO 1960. 137 138 TABLES 952.1 AND 952.2 CASH FLOW AND NET INCOME IN 1967 DOLLARS CASH FLOW EXCLUDING UNREALIZED AND NONMONEY FARM INCOME CASH FLOW INCLUDING UNREALIZED AND NONMONEY FARM INCOME YEAR 1OFF-FARM| INCOME |. TOTAL OF FARMl |OPERA TORI TOTAL ___ IFAMILIESI FARM CASH FLOW OPERATORS* NET FARM INCOME LANDLORDS* NET RENTAL INCOME 952.1 CAPITAL CONSUMPTION .ALLOWANCES 28270. 29715. 30525. 31453. 3C791. 34227. 35923. 34497. 34479. 36359. 9418. 10139. 10810. 11908. 12490. 13353. 14147. 14495. 14818. 15275. 18853. 19576. 19714. 19546. 18300. 20874. 21775. 20002. 19661. 21083. 12789. 13231. 13168. 12718. 11261. 13533. 14227. 12339. 11806. 13143. 1248. 1489. 1601. 1754. 1776. 1979. 2062. 1882. 1915. 1895 . 4816. 4855. 4945. 5074. 5263. 5362. 5487. 5781. 5940. 6045. 1970... 1971.. . 1972.. . 1973... 1974... 1975... 35610. 36314. 41091. 53843. 45367. 42791. 15297. 15856. 16690. 17807. 17455. 17075. 20313. 20457. 24400. 36036. 27911. 25715. 12475. 12355. 15159. 25051. 17537. 15345. 1879. 1896 . 2835. 4266. 3351. 2879. 5959. 6206. 6406. 6719. 7024. 7491. OPERATORS* LANDLORDS* NET FARM NET RENTAL INCOME INCOME- __ CAPITAL CONSUMPTION ALLOWANCES 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 24162. 25679. 26299. 27228. 28149. 29680. 32519. 30357. 30952. 32794. 9418. 10139. 10810. 11908. 12490. 13353. 14147. 14495. 14818. 15275. 14744. 15540. 15489. 15321. 15659. 16327. 18371. 15862. 16134. 17519. 8681. 9195. 8943. 8493. 8b20. 8986. 10823. 8199. 8279. 9579. 1248. 1489. lbOl. 1754. 1776. 1979. 2062. 1882 • 1915. 1895. 4816. 4855. 4945. 5074. 5263. 53o2. 5487. 5781. 5940. 6045. 32281. 31792. 36895. 47516. 42165. 36984. 15297. 15856. 16690. 17807. 17455. 17075. 16985. 15936. 20205. 29709. 24710. 19909. 9146. 7834. 10964. 18724. 14335. 9539. 1879. 1896. 2835. 4266. 3351. 2879. 5959. 620e>. b406. 6719. 7024. 7491. CHANGE FROM PREVIOUS YEAR IN. MILLIONS OF DOLLARS 1961... 1962... 1963.. . 1964... 1965... 1966... 1967... 1968.. . 1969... 1444. 810. 929. — 663 • 3437. 1695. -1426. -18. 1880. 721. 671. 1097. 583. 863. 794. 348. 323. 458. 723. 138. -168. -1246. 2574. 901. -1773. -341. 1422. 442. -63. -450. -1457. 2272. 693. -1888. -533. 1337. 241. 112. 152. 23. 202. 83. -180. 33. -20. 40. 89. 130. 188. 100. 125. 294. 159. 105. 1970... 1971.. . 1972... 1973... 1974... 1975... -749. 704. 4777. 12752. -8476. -2576. 21. 560. 834. 1116. -351. -380. -770. 144. 3943. 11636. -8125. -2196. -668 . -120. 2804. 9892. -7514. -2192. -16. 17. 939. 1431. -915. -471 . -86. 247. 200. 314. 305. 467. FARM CASH FLOW AMOUNTS IN MILLIONS OF DOLLARS I960... 1961.. • 1962... 1963.. . 1964... 1965... 1966... 1967.. . 1968... 1969... 952.2 IOFF-FARMI 1 INCOME | TOTAL |1 OF FARMl 1UPERATOR| TOTAL _____ IFAMILIESI 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 « 1 | 1517. 620. 929. 921. 1531. 2838. -2162. 595. 1843. 721. 671. 1097. 583. 863. 794. 348. 323. 458. 796. -51. -168. 338. 668. 2044. -2509. 272. 1385. 515. -2 52. -450. 127. 366. 1837. -2624. 80. 1300. 241. 112. 152. 23. 202. 83 • -180. 33. -20. 40. 89. 130. 188. 100. 125. 259. 159. 105. -513. -489. 5103. 10620. -5350. -5181. 21. 560. 834. 1116. -351. -380. -534. -1049. 4269. 9504. -4999. -4801. -433. -1312. 3130. 7760. -4389. -4796. -16. 17. 939. 1431. -915. --971. -6b • 247. 20C. 3 Ih . 305. Hfc7. CASH FLOW AND NET INCOME IN 1967 DOLLARS TABLES 952.3 AND 952.4 1 1 1 YEAR | 1 1 1 1 » ! 1 1 9 6 1 ... | 1 9 6 2 ...1 1 9 6 3 ...! 1 9 6 4 *. • | 1 9 6 5 .. .1 1 9 6 6 * .*| 1 9 6 7 .. .1 1 9 6 8 ...I 1 9 6 9 .. . | 1 1 1 9 7 0 ...| 1 9 7 1 .. .1 1 9 7 2 .. .1 1 9 7 3 ...1 1 9 7 4 .. . | 1 9 7 5 ..• f 1 1 1 1 1 I9 6 0 ...! 1961 •• .1 1 9 6 2 ...1 1 9 6 3 * ..| 1 9 6 4 *. • | 1 9 6 5 .. .1 1 9 6 6 ...1 1 9 6 7 ...| 1 9 6 8 .. .1 1 9 6 9 .. . | j I CASH 1 ____ _ FARM CASH FLOW 1 1 LANDLORDS* C A P IT A L 1 TOTAL O PERATORS* CONSUMPTION! NET FARM NET RENTAL INCOME. __ ____ INCOME_____ ALLOWANCES!___________ CASH FLOW IN C LU D IN G U N R E A L IZ E D AND NONMONEY FARM INCOME TOTAL I OFF-FARM | 1 INCOME I | OF FARM! 1OPERATOR! TOTAL 1F A M I L I E S ] . 9 5 2 .3 U N R EA LIZ ED IO FF-FA RM | ! INCOME 1 | OF FARM! ! OPERATOR 1 TOTAL 1F A M I L I E S ! AND NONMQNEY FARM INCOME FARM CASh FLOW OPERATORS* NET FARM INCOME LANDLORDS * C A P IT A L NET RENTAL CONSUMPTION INCOME _ ALLOWANCES PERC EN TA G E CHANGE FROM P R E V IO U S YEAR 5 .1 2 .7 3 .0 - 2 .1 1 1 .2 5 .0 - 4 .0 - 0 .1 5 .5 7 .7 6 .6 1 0 .1 4 .9 6 .9 5 .9 2 .5 2 .2 3 .1 3 .8 0 .7 - 0 .9 - 6 .4 1 4 .1 4 .3 - 8 .1 - 1 .7 7 .2 3 .5 - 0 .5 - 3 .4 - 1 1 .5 2 0 .2 5 .1 - 1 3 .3 - 4 .3 1 1 .3 1 9 .3 7 .5 9 .5 1 .3 1 1 .4 4 .2 - 8 .7 1 .8 - 1 .0 0 .8 1.8 2 .6 3 .7 1 .9 2 .3 5 .4 2 .8 1 .8 - 2 .1 2 .0 1 3 .2 3 1 .0 - 1 5 .7 - 5 .7 0 .1 3 .7 5 .3 6 .7 - 2 .0 - 2 .2 - 3 .7 0 .7 1 9 .3 4 7 .7 - 2 2 .5 - 7 .9 - 5 .1 - 1 .0 2 2 .7 6 5 .3 - 3 0 .0 - 1 2 .5 - 0 .8 0 .9 4 9 .5 5 0 .5 - 2 1 .5 - 1 4 .1 - 1 .4 4 .1 3 .2 4 .9 4 .5 6 .6 9 5 2 .4 1 ! 1 » I j 1 I 1 ! 1 1 ! I | 1 | | 1 6 .3 2 .4 3 .5 3 .4 5 .4 9 .6 - 6 .6 2 .0 6 .0 7 .7 6 .6 1 0.1 4 .9 6 .9 5 .9 2 .5 2 .2 3 .1 5 .4 - 0 .3 - 1 .1 2 .2 4 .3 1 2 .5 - 1 3 .7 1 .7 8 .6 5 .9 - 2 .7 - 5 .0 1 .5 4 .2 2 0 .4 - 2 4 .2 1 .0 1 5 .7 1 9 .3 7 .5 9 .5 1 .3 1 1 .4 4 .2 - 8 .7 1 .8 - 1 .0 C •8 1 .6 2 .6 3 .7 1 .9 2 .3 5 .4 2 .8 1 .6 - 1 .6 - 1 .5 1 6 .1 2 8 .8 - 1 1 .3 - 1 2 .3 0 .1 3 .7 5 .3 6 .7 - 2 .0 - 2 .2 - 3 .1 - 6 .2 2 6 .8 4 7 .0 - 1 6 .8 - 1 9 .4 - 4 .5 - 1 4 .3 4 0 .0 7 0 .8 - 2 3 .4 - 3 3 .5 - 0 .8 0 .9 4 9 .5 5 0 .5 - 2 1 .5 - 1 4 .1 - 1 .4 4 .1 3 .2 4 .9 4 .5 6 .6 PERCENTAGEI OF TOTAL CASH FLOW 3 3 .3 3 4 .1 3 5 .4 3 7 .9 4 0 .6 3 9 .0 3 9 .4 4 2 .0 4 3 .0 4 2 .0 6 6 .7 6 5 .9 6 4 .6 6 2 .1 5 9 .4 6 1 .0 6 0 .6 5 8 .0 5 7 .0 5 8 .0 4 5 .2 4 4 .5 4 3 .1 4 0 .4 3 6 .6 3 9 .5 3 9 .6 3 5 .8 3 4 .2 3 6 .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 1 6.2 16.1 17.1 1 5 .7 1 5.3 16.8 17.2 1 6 .6 1 9 7 0 ...| 1 9 7 1 .. .1 1 9 7 2 .. .1 1 9 7 3 .. . | 1 9 7 4 ...I 1 9 7 5 ...| __________ L 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 4 3 .0 4 3 .7 4 0 .6 3 3 .1 3 8 .5 3 9 .9 5 7 .0 5 6 .3 5 9 .4 6 6 .9 6 1 .5 6 0 .1 3 5 .0 3 4 .0 3 6 .9 4 6 .5 3 8 .7 3 5 .9 5 .3 5 .2 6 .9 7 .9 7 .4 6 .7 1 6 .7 17.1 1 5 .6 1 2 .5 1 5 .5 17.5 THE P R IC E DEFLATOR USED ! I 1 I ! ! 1 1 1 I I 1 1 I ( I I ! ( 1 0 0 .0 1 0 0 .0 1 0 0 .0 io o . o io o .o 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 3 9 .0 3 9 .5 4 1 .1 4 3 .7 4 4 .4 4 5 .0 4 3 .5 4 7 .7 4 7 .9 4 6 .6 6 1 .0 6 0 .5 5 8 .9 5 6 .3 5 5 .6 5 5 .0 5 6 .5 5 2 .3 5 2 .1 5 3 .4 3 5 .9 35 .8 3 4 .0 3 1 .2 3 0 .6 3 0 .3 3 3 .3 2 7 .0 2 6 .7 2 9 .2 5 .2 5 .8 6 .1 t>.4 6 .3 6 .7 6 .3 6 .2 6 .2 5 .8 1 9 .9 1 8 .9 1 8 .8 1 6 .6 1 8 .7 1 8 .1 1 6 .9 1 9 .0 1 9 .2 1 8 .4 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 io o .o 1 0 0 .0 4 7 .4 4 9 .9 4 5 .2 3 7 .5 4 1 .4 4 6 .2 5 2 .6 5 0 .1 5 4 .8 6 2 .5 5 8 .6 2 8 .3 2 4 .6 2 9 .7 3 9 .4 3 4 .0 2 5 .8 5 .6 6 .0 7 .7 9 .0 7 .9 7 .6 1 8 .5 1 9 .5 1 7 .4 1 4 .1 1 6 .7 2 0 .3 J___ THE ANNUAL AVERAGE USDA IN D EX OF P R IC E S 00 • u*\ 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 1 0 0 .0 IS FLOW EXCLUD IN G PA ID BY FARMERS FOR F A M IL Y L IV IN G IT E M S . •TOTAL CASH FLO W " I S THE SUM OF THE CASH FLOW FROM FARMING R E C E IV E D BY FARM OWNERS AND OPERATORS AND THE OFF-FARM INCOME OF FARM OPERATORS AND T H E IR F A M I L I E S . S E E T A B LE 9 4 1 .1 FOR OTHER D E F IN IT IO N S AND TABLE 9 4 2 .1 FOR DATA ON FARM CASH FLOW P R IO R TO 1 9 6 0 . 139 140 AGRICULTURAL FINANCE DATABOOK— ANNUAL SERIES SEPTEMBER 1976 MEtf_E E A I U R E S - . I N . .T H I S E D I IIQH ZQ 1— SUMMARY OF PERCENTAGE CHANGES IN NONBANK FARM LENDING OPERATIONS. Z1Z— BALANCE SHEET IN CONSTANT (1967) DOLLARS (WARNING: DO NOT CONFUSE THESE DATA WITH THOSE IN TABLE 522— BALANCE SHEET ASSETS IN 1967 PRICES). — FROM BALANCE SHEET DATA: IMPLICIT NET INVESTMENT; NOMINAL AND REAL CAPITAL GAINS; AND CAPITAL GAINS COMPARED WITH FARM CASH FLOW AND NET INCOME. 7Q0— FARM BUSINESS SECTOR OF THE FEDERAL RESERVE FLOW OF FUNDS ACCOUNTS. 940 AND 950— FARM CASH FLOW NOW INCLUDES LANDLORDS• NET RENTAL INCOME. 942 AND 952— CASH FLOW AND NET INCOME IN CONSTANT (1967) DOLLARS. 950— TOTAL CASH FLOW USING THE OPERATORS* OFF-FARM INCOME SERIES. THIS VOLUME REPLACES JTHE FEBRUARY 1976 EDITION, WHICH SHOULD BE DISCARDED. 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