Preliminary- Report University of California »' College of Agriculture Agricultural Experiment Station Berkeley, California THE MERCED IRRIGATION DISTRICT An Economic Survey of Farm Incomes, Expenses, and Tax-paying Abilities Ivi. R. Benedict February, 1933 Contribution from the Giannini Foundation of Agricultural Economics I.I \ iv' Y UNIVEkSIT\-. fH- CALIFORNIA DAVIS TABLE OF CONTENTS Page Purposes of the Study .' 7 District Oblif^ations and Histoi- of Delinauenc les 6 The Importance of Prompt and Definite Consideration of the Problems Arising in Cases of Default 9 Initiation and Orranization of the Pro-ect 21 4 General Trends and Conditions in the District Acreages of the V-.rious Crops in the Uerced District in 1932 by Clashes of Land ^7 Proportion of Rented and of Oivner-operated Farms Problems Arising in the Case of Nonresident Owner- ship, Partially Developed Fsras, and Inefficient Sizes of Units . . . 24 Price Levels and Their Relation to Ability to Carry Tax and Debt Loads " . _ General Plan of the Economic Survey Viewpoint from which the Study is Approached 4 T"peE of E penses and Costs Involved 44 A. Cash operating expanses other than for labor " Ar^ B. Expenses for labor • • • . C. D-preciation on enuipment, plantings and'soil .'*''' 47 D. County taxes ' ' ' ^' ii. Inters- st on investment ... " ' 50 Relative Contractibility and Expansibility, of the Various T^'pes of Costs ... b5 The Por-Acre Incorr.e and Expenses as Shown by Records from 299 Farms in the Merced Irrigation Distr-ict 1929, 1930, and 1931 ... " ' * ' ■ • ' 58 Results of Operations of Corporation Fams in th- Merced Irrigation District, 1929, 1930, 1931 200 b^jmmary of Results from Barley and Rice Gro™ on LarP-er bnits 103 Income from Pasture Lands, 1929, 1930, 1931 208 Probable Ability of Lands in the Merced Irrigation District to Pay District Assessments in the Cominp- Years ' ^ 109 / TABLES Page Table I — Acreage of Merced County Fruit and Nut Crops 14 Table II Crop Acreage -- T.'erced Irrigation District^ 1928- 193£ 15 Table III — Acres in Various T--pes of Production in the J'Terced Irrigation District by Classes of Land (As shown by the di tch- tenders ' survev coordinated with the Cone-Underhi 11 survey) 1^ Table IV -- Acres in Various T^pea of Production, as shown by the Ditch-Tenders' Survey Coordinated vlth Cone-Underhill Land Classification 21 Table V -- Owner-operated as CoMpared to Tenant- operat- ed Acreages for 299 Farms from which Records T/ere Secured (for the year. 1921) 25 Tabic VI -- Fam V<ages and Prices paid by Farmers for Co-'.'-odities Bought, United States 56 Table VII — Deciduous Fruit (excluding figs) -- Gross Inco.Tes 64 Table VIII -- Deciduous Fruit (excluding figs) -- Cash Costs Other Than Labor and Taxes 65 Table IX -- Deciduous Fruit (excluding figs) -- Labor Costs ?6 Table X -- Deciduous Fruit (e -'eluding fifcs) — Costs AfB+C+D ^'^ Table XI -- Deciduous Fruit (eccluding figs) -- Net Re- turn over Costs A+B 68 Table XII -- Deciduous Fruit (excluding figs) -- Net Re- turn over Costs A+B+C+D 69 Table XIII — Figs — Gross Incomes 70 Table XIV — Figs -- Cash Costs Other Than Labor and Taxes 71 Table XV — Figs — Labor Costs 72 Table XVI -- Fiffs — Costs A*-B*-C+D 73 Table XVII -- Figs -- Net Return over Costs Af B 74 Table XVIII -- Figs -- Net Return over Costs AfB+CtD 75 I I I " *1 • 4. '- y Table XLIII — Incone and Ex'^ense — Far-ns Operated by- Corporations 102 Table XLIV Income and Expense — Bnrley 104 Table XLV — Income and Expense -- Rice 105 Table XLYL -- General Trend of Prices and wages (1910-1914 = 100) 118 CHARTS Chart — Land in Class I -- Net Returns per acre over Costs A and B and Taxes, 1931, 1930, and 1929 Ill Chart -- Land in Clas-^es II and III -- iviet Returns per acre over Costs A and B and Taxes, 1951, 1930 and 1929 . . 112 APPEKDICES Paf^e Survev Forms Used 226 Basis of Classification Used in Grading Farm Lands Included in the Economic Stud-r of the Merced Irri- gation District . , ]_29 Bases Used in Computing Investment and Depreciation .... 144 Price Changes California Farm Products, 1910-32 151 Table I -- Farm Prices of California Farm Products, 1910-1932 153 Table 2 -- Approximate Prices Received by Growers for Figs Testing Ninety per cent or Better, 1926-1932 . .' I55 Table 3 -- Prices of F-rm Products, Merced District (Averages of Prices Shorn by the Survey Records Taken) ' . . . 156 Chart IV - Dried Apricots and Raisins — California Prices, 1910-32 I57 Chart V - Almonds and Alfalfa -- California Prices, 1910-32 158 Chart VI - Canning and Elberta Peaches California Prices, 1910-3 2 I59 Chart VII- Mile and Milk F-.t -- California Prices, 1910-32 Chart VIII-Rice, cotton and V-.rley -- California Prices 1910-3^ ' lei Agricultural Outlook (See separate publication - California Agr. Ext. Service, Circular 71, Februans 1933). Maintenance of Soil Fertility (not included). Income from Lands TaVen Over by IJerced Irrigation District (1928 to 1932 inclusive) 162 Table 1 -- Income from Lands Taken Over by Merced Irrigation District 163 Production Costs per Acre for Certain Tree Crops as Sho-vvn by Records Assem.bled by the Agricultural Extension Service University of California Ig4 I i r -- Delinquencv on Lands Sa^ipled in the Survey as Compared to Delinquencv for the Idstrict as a Vv'V.ole . . lyg J Conditions in the City of Ferced (not included). K -- The Fanr Debt Situation in the Merced District as Indi- cated by Debt Data from the Fnrms Covered in the Survey. . 180 182 Table 1 — 'Mortgage Debt of Farms in Sample Table 2 — Farms Having no !,:ortg-aR-e or Giving no Information 2.gy Table 3 ~ First and Second Mortgage and Chattel and Bank Loans on Firms in Survey Sample, 1932 \ Table 4 - C^-anges in Identical Accounts, Atwater Branch, Bank of America, November 1, 19 PS to TTovember 1, :932 190 L - Case ^'istories of a Number of F- rms which Illustrate the hroblem T,n.ere for Various Reasons the Land has not been li'ell Farmed .... 191 M - Principal causes of Failure to -eet Payments on Irrigation District Obligations _ The study here discussed was undertaken by the .liannini Foundation of Agricultural economics of the University of California at the request of a fact- finding conmiittee which had been appointed to make arrangements for the develop- ment of pertinent facts concerning the jistricfs condition, its ability to pay The members of this fact-finding conimittee are as foil ows ; J. S. Cone, Land appraiser, r.ierced, California Frank Adams, Professor of Irrigation Investigations and Practice, University of California M. R. Benedict, Professor of Agricultural Economics, University of California "fard Mintum, Fresno F. P. Nutting, President, American Seedless Raisin Company, San Francisco idilo =Lowell, Fresno H. S. Shaffer, Judge of the Superior Court, .ferced H. 3. Stoddard, .Jerced, Formerly cashier Merced Security Savings Bank In addition to these, Mr. Robert Fullerton, Jr., of Pasadena, aooointed by a committee reoresenting holders of Merced Irrigation District bonds, has served as an observer and counsellor, being represented oart of the time, during his absence in Canada, by .,ir. R. L. Underbill, the observer selected by the same bond- holders committee to work with Mr. J. S. Cone in the appraisal and classifi- cation of the land of the District. Professor Frank Adams was appointed by Dean C. B. Hutchison, jointly with the writer to represent the College of Agriculture in zhe study covered by this report. He has participated both in planning and carrying through the study and in the preparation of this report, but other duties and other studies on .vhich he has been engaged have prevented him fro.n assuming joint leadership of the study or joint authorship of this report. His counsel and wide experience with irri- gation district problems have, however, been of great assistance in many phases of the study. Acknowledgment is due to many people for advice and counsel; esoecially to ifr. iviax Thelen, negotiator for the Merced Irrigation District, to C. f\ Shaw,' Professor of Soil Technology, University of California, to members of the Board of Directors of the Merced Irrigation District and to ivir. H. P. Sargent, Secretary of the District. Special acknowledgment is due for the effective help given on the field work by the following men: H. B. Stoddard, Y/m. H. Alison, Jr., Paul Arnold Kenneth Stoddard, John Fiske, v/iiiiam Ledbetter, and Elmer Wood. V'ithout their conscientious and whole-hearted cooperation it would have been difficult if not impossible to carry out the study. H. B. Stoddard and Wm. H. Alison, Jr. have given especially freely of their time and energy in organizing and facilitating the field mrk, and their wide knowledge of the conditions in the District has been made available in a very helpful way. a number of specialists at the University and in the Irrigation Division, Bureau of agricultural Engineering, U. S. Department of Agriculture, have been consulted from time to time, and have given freely of factual material and of advice, iviention should also be made of the sincere effort to provide a dependable and useful record which has been apparent on the part of the great m.'ijority of farmers visited in the survey. paying Abilities of Farmers on Lands in the Merced Irrigation District, California by M. R. Benedict Purposes of the Study- As indicated by its title, this report presents the results of an economic study of the Merced Irrigation District. It deals chiefly with the farm incomes, expenses, and tax-paying abilities of the far.ners and farm lands of that area. The study was made at the request of the Board of Directors of the District and of committees representing the landowners and other farmers of the District. In addition to these, individual bondholders and the bondholders' protective com- irlttee expressed a desire that such a study be made of the economic condition and debt-oarrying ability of the District. The occasion for the study was the current or prospective inability of the District to meet in full its payments of interest and maturing principal on its bonds. The District was organized in 1919 and has an outstanding bonded indebted- ness in excess of sixteen million dollars incurred in the period 1922 to 1926 for purchase or construction of its irrigation system and related hydroelectric plant. First default on its bond service payments occurred July 1, 1931 as a result in part of water shortage and greatly reduced power income, but also as a result of inability of the lands to meet their irrigation district assessments because of He very low prices received for farm products. Vifhile the original default, which 0 for bond interest only, had been discharged, other defaults had followed; 1 since there was uncertainty as tc the future financial situation, it was .le desire of the District, of the landowners, and of the bondholders that an impartial inquiry be made into the earning power of the lands of the District, or, expressed differently, into the assessment or tax-paying abilities of the lands. -3- .'■..'..-.f'-i ii •t:-.:J' ■.*t '.s^y \ The recent tremendous changes in the general level of prices, particularly in the prices at which farmers have had to sell their products, have created un- precedented problems in connection v/ith debts of all kinds. Naturally such a situation has created unforeseen difficulties for many of the irrigation district! of California. These difficulties have been especially prominent in the case of those districts which carry unusually heavy bonded debts and in which agriculture has been going through recent and rather rapid changes. Some understanding of the magnitude of the adjustments with which the farmers of the United States have been confronted in the past four years may be gained from the official estimates of the United States Department of Agriculture as to gross values of farm products in the period from 1929 to 1932. These figures are as follows: 1929 ^flill, 845, 000,000 1930 9,406,000,000 1931 6,855,000,000 1932 5,240,000,000 Gross incomes from the farms of the United States have, as these figures indicate, decreased by more than 50 per cent since 1929, and more than $6,000,000,000 have been lopped off from the purchasing and paying powers of the farmers of the nation. Similar figures for California alone are as follows: 1929 $712,000,000 1930 587,000,000 1931 439,000,000 1932 figures not available. It will be seen that the changes in value for the products of California have been of a similar drastic nature. The data presented later in this report do not represent, therefore, a situation which is confined to this particular District, but one which is general both for California and for the United States as a whole. The impact of such a widespread debacle is, of course, most severe on indivi- duals and communities that are heavily burdened with debt. labor, taxes, interest, and rent, have not declined in any like proportion and taxes and interest have shown very little decline from the high levels of 1929. Labor costs and rents are the chief items in which significant decreases have occurred. Estimates from the United Status Department of Agriculture as to the gross amounts of the first mentioned types of cost; that is, costs (exclusive of wages, taxes, interest, and rent), have changed in the period 1929 to 1931 as follo-#s : 1929 *3, 112,000,000 1930 2,777,000,000 1931 2,175,000,000 Stated in another way, some understanding of the change in the farmers* situation can be arrived at from the official figures on prices paid to farmers. In 1929 these averaged, for the United States, 138 p«r cent of the prices for the period from 1909 to 1914. In November, 1932, they had dropped to the seem- ingly impossible level of 54 per cent of the prices prevailing in the period 1909 to 1914. This has meant that the payment of given dollar values in repaj/- ment of loans, in interest on debts, in taxes, etc. has involved selling more than two and one-half times as much of the products grom as was necessary for the same ourposcs in 1929. The Merced Irrigation District, one that has be^n formed in a compara- tively recent period, has the largest aggregate bonded debt of any district in the state and has a relatively high bonded debt per acre. It has found the problem of meeting the present situation an extremely difficult one. The possi- bility of providing for the payments required in connection with the District's bonds rests largely upon the taxes which can be derived from the farm.s of the District. This source of income has been supplemented, in the case of the Merced a portion of the District, by/re venues from the power produced by its pov/er plant. Even the income from this source has, however, been greatly lessened by the small flow of -5- ly during the year ending September, 1931; As a result of this situation, the The inean annual flow has been estimated at about 1,000,000 acre feet. The flow since 1926 has been as follows: Year ending September 30, 1927 . II 11 11- It 1928 . ... 984,000 " tf ti ti It 1929 ... 513,000 " It It II It 1930 , It It II It n It It It 1932 . 1,020,000 " District found itself unable on July 1, 1931 to meet completely its requirements for the payment of interest on bonds. V/hile all bond delinquencies have now been met, up to and including those occurring on July 1, 1932, a situation has devel- oped as a result of the reduced income of the landowners which is recognized by bondholders and landowners alike as requiring serious consideration and some re- arrangement of the obligations of the District. The defaults have continued to increase in size, and the amounts due and unpaid on January 5, 1933 were: On bond interest coupons $336,115 On principal of bonds 46,500 Total $382,615 In order that readers of the report may be familiar with the financial set-up, the obligations outstanding, and the trend in the District's financial status, the following summary as prepared by Mr. H. P. Sargent, Secretary of the District, is presented. Funded Debt, Outstanding, as of December 31, 1932 IVERCED IRRIGATION DISTRICT 1st Issue 1st Division 6% Due Serially 1933-1950 $3,120,000 2nd Division 5^o Due Serially 1951-1953 1,800,000 3rd Division 5-|^ Due Serially 1954-1955 1,320,000 4th Division 6% Due Serially 1956-1962 5,760,000 Total outstanding and Authorized — 1st issue. .$12,000,000 2nd Issue 6% Due Serially 1937-1946 and 1963-1964 Total Outstanding and Authorized $3,250,000 3rd Issue 5^0 Due Serially 1965-1966 Total Outstanding and Authorized $1,000,000 Tctal $16,250,000 p t ■'t January 2, 1933 1st Division 6% — Due 1933 §60,000 Bonds retired 13 5Q0 Balance due 1933, registered '$46^500 Funded Dett as of January 16, 1933 |il6, 236,500" STATEMENT OF DELITIQUENT TAX ROLLS OF MERCED IRRIGATION DISTRICT, January 5, 1933 Exclusive of Penalties and Costs Year No. of asses ments Valuation Rate Tax roll Delinquent last Monday in June Per cent delin- quent Original number of tax sales Amount delin- quent 1/5/33 Number of sales un- redeemed 1/5/33 Per cent delin- quent 1/5/33 1920-21 1922- 23 1923- 24 1924- 25 1925- 26 1926- 27 1927- 28 1928- 29 1929- 30 1930- 31 1931- 32 1932- 33 3,882 5,524 5,647 5,846 6,200 6,385 6,653 6,845 7,027 7,260 7,462 7,594 $10,148,490 13,734,440 14,209,420 22,260,300 21,473,230 20,995,430 20,636,465 20,686,900 20,279,175 20,246,775 19,159,570 12,873,880 ^1.40 2.73 4.75 4.20 7.10 6.30 6.00 6.00 6.00 5.90 5.60 8.90 ; 142 374 674 934 1,524 1,321 1,238 1,242 1,216 1,194 1,071 1,148 ,078.81 ,950.07 ,933.53 ,932.60 ,589.59 ,528.56 ,187.90 ,393.00 ,750.50 ,585.35 ,567.84 ,483.04 13,831, 61,601 83,556, 79,706, 126,240, 141,240, 131,139, 118,249. 117,095. 210,596. 401,361. 23 86 15 93 37 53 78 90 64 89 59 9.74 16.43 12.38 8.52 8.27 10.68 10.59 9.51 9.62 17.63 37.40 570 712 646 540 620 707 653 737 752 1,499 2,675 ^ 1.82 16.70 30.38 64.82 598.00 630.80 576.70 4,901.85 31,241.63 149,820.92 361,899.43 1 4 2 4 8 10 12 66 218 970 2,380 .0012 .0044 .0045 .0069 .0390 .0477 .0465 .3940 2.5600 12.5000 35.7000 $12,084,980.79 1932-33 Roll 1st installment $689,189.03 Paid and deeded (1st inst.) 252,638.50 Delinquent (6Z.Z%) $436,550.53 (Delinquency 6^.6% without considering deeded lands) Note: The foregoing statistics do not separately consider property deeded to llerced Irrigation District, "STATEii-iENT OF DELINQUENT TAX3S 1932-33 INCLUDING FIRST INSTALLfGNT AND AS OF J.-iUllARY 12th, 1933 New Delinquents - 1st Installment 1932-33 Tax - 38,793 acres 1 year - 43,199 " 2 years - 21,742 " 3 years - 6,115 " 4 years (not taken) - 700 acres District lands - 10,492 acres Net acres on Assessment Roll 1932-33 - 171,610 acres Total land delinquent - 110,549 " ■"6 1,061 acres" The Importance of Prompt and Definite Consideration of the Problems Arising in Cases of Default Mr. Wells A. Hutchins of the United States Bureau of Agricultural Engineering published in 1929 the results of a study of thirty-seven irrigation projects which had defaulted on their bonds. Mr. Hutchins draws the following conclu- sions concerning settlements in such cases. These are reproduced here owing to the fact that they represent one of the few attempts to develop general princi- ples from the study of a number of cases of this type. United States Department of Agriculture, Circular No. 72, "Financial Settlements of Defaulting Irrigation Enterprises." "Conclusions "Financial reorganization of defaulting irrigation projects, to be completely effective, must correct all original causes of failure. Unhealed sore spots are fairly certain to cause further trouble. "Prompt reorganization is financially profitable to creditors and landowners alike, as well as to all other interests dependent upon the stabil- ity and growth of the community. The longer an inevitable settlement is post- poned, the harder the task of effecting it properly and the greater the loss to all parties concerned. Parties indirectly interested can benefit by taking the lead in effecting negotiations for a settlement promptly after the first default. "Financial settlements are seldom spontaneous and seldom originate with the vrater users themselves, but usually require constant pushing by creditors or by some interested outside agency. Maintenance on the ground of an agent of the creditors or promoters can be of material help in negotiations with landowners and is practically indispensible in carrying out the terms of settlement. "The bondholders' protective committee should be given absolute authority to carry through to conclusion such settlement as appears to them advisable. The larger the percentage of bonds deposited with the committee, the easier it will be to make an effective adjustment with landowners. "A complete adjustment requires liquidating or refunding the claims of all creditors. An obligation not taken care of remains a liability and a menace so long as not outlawed, and to the extent of its relative importance will interfere with the successful working out of the plan. "Creditors who refuse to participate in an adjustment may sometimes secure full settlement at the expense of consenting creditors, but in doing so they endanger the chances of successful settlement and may make it impossible to satisfy their OTivn claims. "Creditors of a project which has definitely defaulted from some deep- seated cause had best make up their minds to take a real loss. In any event they must start out by disregarding the actual amount of indebtedness, and con- clude by offering settlements based upon annual payments which the lands can stand, of such character that they will invite acceptance by landowners. A re- financing plan that ignores this is fatally weak. "Cooperation between creditors and landowners is essential to the successful working out of refinancing plans and preservation of the security. Generally speaking, a settlement can not be forced through regardless of the attitude of landowners, unless the creditors are prepared to go in and farm the land themselves or can find a ready supply of new settlers. "Projects inadequately settled when reorganized must be allowed ample funds to finance the securing of new settlers and ample time in which to get them; for with certain outstanding exceptions, there is at present little to en- courage expectation of an immediate revival of large-scale colonization of irri- gation projects. Several reorganization plans in course of execution, predi- cated upon, rapid influx of settlers, are encountering real setbacks, while others which are drawing mainly from dry-land farming centers are meeting with more or less success. "Marketability of liquidating or refunding securities is an important factor in many refinancing plans, inasmuch as holders of defaulted irrigation securities generally prefer to take a loss and get out altogether than to accept new securities of the same project based upon more favorable terms of settlement. "The blanket-lien theory of many State irrigation-district laws has failed to protect creditors in serious cases of default, but on the contrary has contributed heavily to growing demoralization of landomers . Various measures have been taken in framing reorganization plans to make liability for the compromised debt individual instead of general, thus protecting paying land- owners and giving greater assurance of ultimate repayment to creditors. "Execution of debt-settlement plans involves much expense. Third parties engaged in promoting such plans for financial profit, therefore, can not afford to guarantee full performance within a limited time where uncertainty prevails as to such vital matters as land colonization, markets, and psycho- logical reactions of landowners ." \/ "United States Department of Agriculture, Circular No. 72, pp. 4-5. Many valuable suggestions relative to the settlement of problems similar to the one here under consideration are contained in other parts of the circular mentioned and will be of interest to many of the readers of this report. In Appendix M are presented the principal causes of financial difficulties in irri- gation districts as summarized by Mr. Hutchins . Those which have apparently been most prominent as causes of difficulty in the Merced District are those niimbered 8, 5, 10, and 3. -10' INITIATION AND ORGANIZATION OF THE PROJECT Following the first serious financial difficulties of the District which came to a head in the inability of the District to meet fully the interest due on its bonds on July 1, 1931, a committee representing a part of the bond- holders was formed. This committee made certain informal studies of the econ- omic conditions in the District, and entered into negotiations with the District in the fall of 1931. It was found impossible to reach an agreement at that time, and negotiations were dropped for the time being. As the increasing difficulty of the District in meeting its obligations became more apparent, various organizations in Merced County, particularly the County Farm Bureau, urged action looking to an unbiased study of the situation and to negotiations based on the findings from such a study. As an outgrowth of this a committee of twenty-seven representing the landowners of the District was organized. This committee consists of five representatives from each of the five Divisions of the District and two members at large. From this committee there was selected an Executive Committee of eight members. This Executive Committee, after a careful survey of possible negoti- ators, recommended to the Board of Directors of the District the appointment of Mr. Max Thelen of San Francisco, a former president of the California Railroad Commission and a man long experienced in the handling of difficult adjustments between conflicting interests. Mr. Thelen was accordingly appointed as the District's negotiator in its arrangements with the committees representing holders of Merced Irrigation District Bonds. It was felt rather generally that it v/ould be necessary, if negotiations were not to be carried on largely in the dark, that there be some careful marshalling of the facts as to the incomes from the farms and as to the qualities of the lands of the District. -//- Through arrangements made by Mr. Thelen the fact-finding committee above indicated, composed of widely experienced men both from within and from outside the District, was appointed. The bondholders' protective cornmittee was invited to maintain a close contact with the planning and carrying out of the study. To this end that com- mittee appointed Mr. Robert Fullerton, Jr. of Pasadena to act as an observer in connection with the committee's work. r/ir. Fullerton has been represented part of the time, during his absence in Canada, by Lir. R. L. Underhill, the observer selected by the bondholders' protective committee to work with Mr. J. S. Cone in the appraisal and classification of the land of the District. The land classification, more fully discussed in a later section, is a parallel activity carried out under the general direction of the fact-finding committee, and reported separately by Mr. J. S. Cone who made the survey involved. -II' GENERAL TRENDS AND CONDITIONS IN THE DISTRICT Before taking up the specific results of the survey, it will perhaps aid in a clearer understanding of these if a brief sununary of the crops grown and of the directions of change in these can be presented. Various other general conditions which bear upon and affect the interpretation of the statistical summaries are also shown in the pages immediately following. Statistics of acreage changes for recent years are available for Merced County in the records of the State-Federal Crop Reporting Service. Those for the District have been prepared by Mr. Dooley P. Wheeler, County Horticultural Commissioner of Merced County. The county and District figures would not be expected to agree except in trend, though the bulk of the intensive crop pro- duction of the County is within the boundaries of the District. The first two sources are in the main based upon estimates rather than upon a section by section survey such as that made by the ditch tenders which has been used in arriving at the 1932 crop acreages shown in Table III. Table I indicates the changes in acreage of a number of the most im- portant horticultural crops of the Merced area as given in the estimates of the California Cooperative Crop Reporting Service. This source does not report acreages by subdivisions smaller than counties and the figures shown are there- fore for Merced County. (See Table I.) However, since the chief development of croDS of this type is in the Merced Irrigation District, the changes indi- cated are considered to be representative o f what is occurring in the District itself. A similar estimate for the District alone as furnished by Mr. Dooley P. V/heeler, County Horticultural Commissioner of Merced County, is given in Table II. (See Table II.) -13- Table I Acreage of Merced County Fruit and Nut Crops* Commodity Bearing Non- bearing T Q 9 7 1 Q 9 R 1929 1930 1931 1932 IdOC acres acres acres acre s acre s acre s acres Almonds 2,730 2,692 2, 305 2,235 2, 265 2, 274 360 Apricots 2,104 2,216 1,513 1, 572 1,485 1,250 0 Figs (except Kadotas) 7 9 7A I f c, f ^ R Pic; 7,015 7,382 7,081 7,017 Kadota figs 2,988 2,977 2,069 2,368 2,466 2,458 14 All figs 10,262 11,792 9,084 9,7o0 9,547 9,475 39 Raisin grapes 11,494 11,603 9,175 9,226 9,239 9,224 14 Table grapes 8,385 7,200 6,134 5,902 5,012 4,844 8 Yfine grapes 4, 125 4,984 6 ,044 5, 233 5, 194 5, 137 19 Crt , \J\Jt CO f I O 1 21,353 20,361 19,445 19,205 Olives 203 232 133 133 143 143 10 Cling peaches 5,346 6,013 5,321 5,116 4,633 4,138 12 Free peaches 3, 100 3,178 3,486 3,748 3,288 3,396 93 All peaches 8,446 9,191 8,807 8,364 7,921 7,534 110 Walnuts 205 322 460 569 749 789 168 * Acreage Estimates, California Fruit and Nut Crops 1927 to 1932. Special Publication No. 117. California Cooperative Crop Reporting Service, Sacramento, 1932. Table II Crop Acreage — Merced Irrigation District, 1928-1932 Crop Almonds Apricots - Dry- Figs - Except Kadotas Kadota figs - Fresh All figs Raisin grapes Table grapes V/ine grapes All grapes Olives Cling peaches Fresh and dry peaches All peaches Wa Inut s Apples Corn Citrus fruits Berries Chestnuts Grain Cotton Blackeye beans Grain hay Alfalfa Sudan Sweet potatoes Truck crops Tomatoes Peanuts Onions Garlic All garden crops (including tomatoes) Cantaloupes Other melons All melons Rice Pecans Persimmons Plums Prunes Nectarines Silage crops Acreage 1928 1929 1930 1931 1932 £LCr6 s acre s acre s acre s acre s 2,420 2,400 2,398 2, 398 2,386 ** 1,650 1,625 1,237 1,025 ** ** 6,654 *♦ 2,500 ** ♦ * 2,480 ** ** * * ** 9,134 *♦ 5,840 6,050 5,990 5,970 5,955 5,340 4,940 4,895 4,439 4,240 5,230 5,120 5,011 3,742 3,650 16,410 16, 110 15,896 14,151 13,845 93 5,374 93 4,800 93 4,600 93 3,378 93 3,050 3,500 3,350 3,520 3, 122 3, 120 8,874 8,150 7,920 6,500 6,170 ** 140 140 140 140 12 12 12 12 12 5,000 3,820 4,100 2,971 5,100 10 10 10 10 ** ** ** 13 14 ** >c * ** 12 12 12,600 17,300 21,600 27,113 20,000 12,500 15,600 7,600 3,418 3,560 2,200 4,250 7,200 3,794 2,300 * * 3 960 3 , 459 8,000 16,350 18,000 19,200 18,425 18,600 1,400 1,200 900 1,060 1,625 3,500 3,500 3,800 3,936 5,800 ♦ * 110 120 161 216 350 320 680 687 687 ** ** * * 107 200 81 92 83 95 110 16 14 11 13 10 ** 536 892 956 1,023 200 180 170 27 204 500 580 600 519 172 700 760 770 546 376 8,000 6,850 3,900 645 5,890 ** ** ** 7 7 ** ** *♦ 1 1 ** 105 128 133 106 ** 149 149 149 149 ** 51 51 31 31 150 170 144 129 160 * From tabulations made by Mr. Dooley P. Wheeler, County Horticultural Commissioner of Merced County. ** Figures not available. •15- It will be noted from this that there is some tendency for acreages of most of the plantings to decline, though this tendency is more pronounced in some cases than in others. It is probable that acreage is practically stable on the lands well suited to the particular crops. In various parts of the District there has been some planting on lands not suited to the particular crops of which production was attempted. Y\fhere this has been the case, and in certain cases where complications of ownership, lack of capital, and other hindrances have occurred, plantings tend to be allowed to deteriorate to a point where they must eventually be removed. According to the figures of the California Cooperative Crop Reporting Service, acreage of almonds in the County has declined roughly 500 acres, or about 17 per cent since 1927. Acreage of apricots has shown a rapid decline, being in 1932 about 50 per cent of the acreage shown in 1927. Acreage of figs has during this period remained substantially constant, though a moderate decline is shown. Acreage of raisin grapes has declined from 11,494 to 9,224, or about 20 per cent. Table grapes have shown a very large decline, approach- ing close to 50 per cent of the acreage. Wine grapes, on the other hand, have shown some increase, roughly 25 per cent. Olives have never been of much im- Local opinion indicates that wine-grape acreage will decrease m the future. It is stated that a number of the wine-grape vineyards on poor land have been allowed to remain because they are less expensive to handle at harvest time, many of the grapes being sold on the vines or at roadside points. Many of these vineyards have been poorly cared for and their production is said to be decreasing rapidly. portance in the District and are declining to a still less significant position. Clingstone peaches, one of the important crops of the District, have sho\vn a consistent decline in acreage since 1928 and seem likely to show a further de- cline since some acreages are being removed, while the non-bearing acreage is very small. Freestone peaches, on the other hand, seem to have shown a small increase. Walnuts have never been an important crop in the area, but have during this period sho^vn rather substantial increases in acreage and very large percentage increases. Acreages of the Various Crops in the Merced District in 1932 by Classes of Land In order that the nature of the crops grown on the various classes of land might be clearly presented, the 25 ditch tenders in the District v;ere asked to plot by sections and subdivisions of sections the acreages and locations of the crops grown in each of their ditch districts. The land in each section was indi- cated as of classes I, II, or III by Mr. J. S. Cone and Mr. R. L. Underbill as a result of their survey and classification of the lands. The grades indicated "^For description of the bases on v/hich the percentage ratings in the land classification were made see Appendix 3. were as follows: Class I. Land which had been classed by Mr. Gone and Mr. Underbill as 85 oer cent or above. Class II Land assigned ratings from 60 to 80 per cent inclusive. Class III- Lands given ratings less than 60 per cent. The gradings thus made are considerably rougher than the ones made in the Cone -Underbill survey, and therefore in many cases whole sections could be in- cluded in one class. In other cases quarter sections or 40' s could be so in- cluded, llhere the land was extremely variable Mr. Cone and Mr. Underbill have indicated the variations in grade as accurately as the refinement of their survey would permit. This reduces it in some cases to classifications in terms of areas as small as 10 to 20 acres. The acreages thus arrived at were totaled by classes and are presented in Tables III and IV. (See Tables III and IV.) - / 7 - Table III Acres in Various Types of Production in the Merced Irrigation District by Classes of La^id (as shovvn by the ditch-tenders' survey coordinated with the Cone-Underhill survey) Tvoe of Acres in class of land "Pp Y*Tn"i n IT i. m iiLJ-ixc. iU to. J. n T*lC) Y* W "I" "1 n Q i T T TT T A 8,872 2,868 1,294 13,034 Almonds 1,469 622 527 2,618 Apples 5 5 Apricots 924 236 58 1,218 Cherries 15 5 20 Dehydrator 2 2 Olives 7 6 13 Orchard 7 7 Peaches 1 , LOD ODO Pecans 5 5 Plums 4R 10 14 72 Prune s 90 31 20 141 Trees 1,448 779 107 2,334 Walnuts 205 49 254 B 4,457 3,536 1,495 9 ,488 Dry yard 78 10 88 Figs' 4,379 3,526 1,495 9 ,400 C 8,659 9,620 5,220 23,519 Alfalfa 7,471 8,105 2,801 18,377 Alfalfa, seeded 25 25 Alfalfa sudan 8 8 Barley hay 78 78 Cane 2 2 Clovsr 15 15 Corn 803 803 Corral 25 25 Cowpeas 17 17 Dallas grass 10 10 Egyptian corn 225 179 323 727 Grain hay 347 712 428 1,487 Hay 9 5 15 29 Johnson grass 20 20 Oat hay 85 85 Sec grass 24 70 94 Sorghum 10 1 11 Sudan 275 222 152 649 Sunflowers 197 262 598 1,057 u 8, 734 5,006 1, 594 15,334 Vines R 734 5,006 1, 594 15,334 E 5,355 12,439 26 , 633 44,427 Barley 1,174 3,790 6,825 11,789 Cotton 810 1 ,372 101 Grain 3,011 5,060 10,939 19,010 TT-i D" Vt 1 fi n H 8 27 35 Oats 125 225 197 547 Rice 60 5,598 5,658 Rye 25 25 Summer fallow 167 1,768 2,874 4,809 Wheat 68 131 72 271 6,982 9,944 2,635 19,561 Asparagus 10 10 Beans 773 1,005 681 2,459 Beans, blackeye 40 40 Bermuda grass 10 4 55 69 Berries and trees 5 5 Build inji':, farm 12 5 17 Corn 719 1,325 2,044 I i I I : . . . ' t Type of Acres in class of land farming operations I II III Total F continued 1 Ear corn 1 1 Field corn 22 22 Family orchard 7 7 Garden 1,102 311 139 1,552 Garden barley 5 5 Grass 15 15 Grove 30 30 Melons 463 618 252 1,333 No crop 1,102 100 1,202 Open land 1,933 12 1,945 Peanuts 106 25 1 132 1 Plowed land 35 35 Poultry yard 8 8 Pumpkins 5 5 Residence 20 4 24 Sweets 1,689 3,176 1,190 6,055 Sweets & melons 5 5 Tomatoes 10 9 19 Waste 39 39 Weeds 753 1,127 1,880 Yv'illows 1 1 Unknoivn 166 299 137 602 P sk 3k 1 , '±00 b, ( <i4 41 , 07<i 49 , 729 Open land 729 6,255 8,964 Pasture 1,388 5,047 29,402 35,837 Ranch 60 60 w 0 OWcJ-lup xc XQS7 9 7*7 f 1 VJfH P Q ' - c u, o <^ 99.7 0 C 1 C 0 Oil 'iOO H 2,304 1,601 665 4,570 Air port 5 100 105 Buildings 10 10 Camp 4 5 9 Canal 5 5 10 Cemetery 40 40 City dump 10 10 City oroperty unworked 12 12 County hospital 20 20 Creek 144 67 44 255 Ditches 5 8 13 Excavated 2 2 Golf club 40 40 Gum Grove 130 25 10 165 Home lots 67 70 137 Lake Yosemite 257 257 Nursery stock 48 48 Park, city 320 320 Pottery plant 23 23 Railroad 67 49 17 133 Road 113 77 22 212 Schools 13 92 105 Seiver farm. 140 140 Service station 1 1 Slough 17 2 5 24 Subdivision 122 20 142 Substation 20 2 22 Urban 1,564 736 2,300 " 'arehouse 5 5 10 Type of "Pa rm i n operations Acres in class of land I II III Total H continued Yard Grand total of land in classes 5 5 46,796 51,758 81,108 179,662* * The total acreage shovm here does not coincide with the total acreage for the District owing to the fact that acreage in part of the city of Merced, part of the area around Lake Yosemite, and certain other areas were not included in the ditch tenders' survey. *♦ The acreages of unknown crops, weeds, Bermuda grass, waste land, and open land were classed in F unless the acreage was given in large plots. In this case it was classed in G. -10- , ,r;c.-i-'jsf."-"i^ ii Table IV Acres in Various Types of Production, as Shorm by Ditch-tenders' Survey Coordinated with Cone -Under hi 11 Land Classification farming Acres in class of land I II III Total 3.01*6 S A 8,872 2,868 1,294 13,034 B 4,457 3,536 1,495 9,488 C 8,659 9,640 5,220 23,519 D 8,734 5,006 1,594 15,354 E 5,355 12,439 26,533 44,427 F** 6,982 9,944 2,635 19,561 1,433 6,724 41,572 49,729 I# 2,304 1,601 665 4,570 Total 46,796 51,758 81,108 179,662 * The total acreage shown here does not coincide with the total acreage for the District owing to the fact that acreage in part of the city of Merced, part of Lake Yosemite, and certain other areas were not included in the ditch-tenders' survey . ** Such items as weeds, Bermuda grass, v/aste land, no crop, unclassified, bare land, open land, and vacant land were classed in F unless the acreage was given in large plots. In this case it was classed in G. y/- H includes urban property and other acreage considered as non-agricultural, such as: subdivision, home lots, residence, and buildings not on the farm; gum groves, nursery stock, canals, creeks, ditches, roads and railroads, sloughs, schools, carnns. Lake Yosemite, cemetery, county hospital, air port, golf club, substation, park, city dump, service stations, pottery plant and city sewer. The types of farming operation to v/hich these correspond are; A — Deciduous B -- Figs C — Dairy D — Vines E -- Grain and general F -- Truck G — Grazing H — City, villages, and miscellaneous (It will be noted that this grouping is by specific acreages devoted to the given crops rather than by farms growing chiefly certain tyoes of croDs as in the survey. It will also be noted that this includes the acreages in small farms which are not included in the survey.) These tables give some little indication of the fact that the District has not yet reached very definite stability as to the crops grown on specific pieces of land. For example, some 7,000 to 8,000 acres of Class I land are found still being used for grain, pasture, and other relatively extensive types of farm- ing which almost certainly cannot pay the District assessments which would be assignable to that class of land. On the other hand, rather considerable acreages of intensive crops are to be found on land graded as No. Ill, all of which almost certainly is not good enough to warrant the high expenditures per acre which these intensive crops involve; for example, Class III land includes 527 acres of almonds, 1,495 acres of figs, 563 acres of peaches, and 1,594 acres of vines.'^ \/lt should be recognized that soil variations occur in very marked degree in extremely short distances in the Merced District. Certain parts, therefore, in the acreage classed as No . 1 will be of comparatively low grade and certain parts of the acreage classed as Wo. Ill will be relatively good. Nevertheless, the situation in its general aspects is reflected by the table shown. Some very significant problems are presented by both of these types of maladjustment, YvThere good land has not been intensively developed, it is almost certain, under the present procedure for handling District assessments, to pass into the hands of the District. These extensive crops, which in general are in competition with non-irrigated crops in various parts of the country, cannot hope to produce a net amount which will cover the District assessments levied on Class Hand. If conditions were more prosperous and if reasonable expansion were in prospect, owners would undoubtedly carry these lands, paying on them for some years assessments which they would not be yielding at the time, and looking to future development to reward them for the sacrifice. At the present time the indications are not favorable to such development on any extensive scale and neither the cash nor credit which would be needed is available for present de- velopment of these lands until such time as there is better prospect of prof- -11- its. Turning to the intensive crops on Class III land, it is very probable that VMuch of the land of this type is badly infested vi/ith Johnson and Bermuda grass, and is not at present in condition for irrigated farming. Such land is likely to require from one to two years of dry farming with summer plowing to eradicate weeds and grasses. During such time there will be little income and some little expense. Under present conditions many of the oi.vners prefer to get what they can through using it for pasture rather than to go to further expense. these will, over the next few years, be gradually abandoned and pulled out. Present competition is so keen in nearly all lines of specialized production, as well as in general crops, that a product grown on inefficient land or by inef- ficient growers is likely to be unable to continue to compete. The procedure under which the first grade land not now highly developed would probably yield the largest return to the District would be under some classification for assess- ment purposes which would take into account the use to which the land is put. The same result might be accomplished by collecting such portion of the District income as does not come from power or is not required for bond payments through tolls on water used, thus in part relieving the non-irrigated land. At any rate, it seems desirable that the possibilities of meeting the problem of payments by undeveloped land should be thoroughly explored by the District and the landowners. Clearly there are difficulties in this procedure, and perhaps legal obstacles, but without some more satisfactory solution it seems likely that this land will be acquired by the District and will yield what it can pay as rental when devoted to relatively extensive crops. It may, however, represent a future asset when times are more prosperous and when it can be resold. It is not likely that the District would or could profitably undertake to develop it intensively. It would seem that the only change which is likely to occur in the case of land in Class III is a change in the direction of more extensive operations, practically a pasture or grain-raising type of farming, and its earning power for purposes of District payments can probably best be judged by thinking of it in terms of these 1 ! I 1 1 I uses. Not all of it, in fact a great deal of it, probably v/ill not make that shift without in the process passing out of the hands of present owners and temporarily or more permanently into the hands of the District. It would appear that where such land has not already passed into the hands of the District an effort should be made to put it on an assessed basis such that the tax levied can be carried from the income produced when the land is devoted to relatively extensive crops. Land of this type already taken over by the District should as far as possible be organized into units such that it can be used for extensive types of farming. Considerable areas of it probably do not warrant the expense of providing water at present prices for the products. Proportion of Rented and of Owner-operated Farms For the farms covered in this survey the acreages rented and those operated by the owners are shown in Table V. In many cases the rented farms are well and continuously operated, but there are numerous cases, such as those discussed in the following section, where rented farms are operated in a very haphazard way, not infrequently being left idle or graving up to weeds. Problems Arising in the Case of Nonresident Chmership, Partially Developed Farms, and Inefficient Sizes of Units In the group of farms from which survey records were taken there was found to be a significant number of farms owned by nonresidents, purchased in many cases with rather inadequate knowledge both of the possibilities of the returns from the farms of the area and of the expenses which would be necessary if the lands were to be fully developed. In a considerable number of these cases the plan was to put in funds for some years from sources other than the farms them- selves and the investment was looked upon as a form of saving, combined with certain speculative gains from the development of the land. Many of these farms Ovmer-operated as Compared to Tenant-operated Acreages for the 321 Farms From 1'Jhich Records V/ere Secured (for the year 1931) J.ype of farm T II III Grand total Operated by OYmer Rented Total Operated by ormer Rented Total Operated by ovmer Rented Total Operated by ovmer Rented Total Deciduous 1,816 235 2,051 890 22 912 0 0 0 2,706 257 2,963 Dairy 1,032 74 1,106 2,402 151 2,553 395 0 395 3,829 225 4,054 Truck 656 194 850 1,265 1,494 2,759 245-1- 244 48 9| 2,166i 1,932 4,098| Figs 569 30 599 600 29 629 0 0 • 0 1,169 59 1,228 Vineyards 1,820 225 2,045 1,096 0 1,096 20 40 60 2,936 265 3,201 General 682 261 943 321 1,403 1,724 778 2,625 3,403 1,781 4,289 6,070 Total 6,575 1,019 7,594 6,574 3,099 9,673 1,438-1 2,909 4, 347-1 14,587i 7,027 21,614-1 are at present very inadequately cared for and in not a few cases are yielding almost no return. Owners of them have continued for the most part, up to the present time, to pay the carrying charges on them from funds derived from other sources. Many of them, however, are unable to continue to do that and possibly would not even if they were able to, owing to the fact that they do not see very good prospects of having in the end a value corresponding to v/hat they would have put in . The brief narrative statements of specific cases which are presented in Appendix L are possibly the best means of showing the nature of this problem. It is a problem that cannot well be reduced to statistical form. Most such farms fall far down in the submarginal class and cannot reasonably be expected to show either a return to the owner or any worth while tax yielding ability while handled as they are at present. Apparently the only way that they can be brought into a situation such that they will represent real property values and be able to contribute in an effective way to the income of the District will be through arrangements such that owners can afford to retain them and such that the acquisi- tion and settlement of -jhem by local people with adequate knowledge and capital can proceed. Even then some years will be required for them to come into more effective production. They are at present in many cases either only partly oper- ated or in some oases not operated at all. A part of this difficulty is, of course, due to the unsettled status of the District's affairs. Land in the District cannot be sold at the present time nor will loaning agencies lend on it, and tenants with capital to operate at the high costs v/hich are involved in these intensive types of agriculture are not very generally available. The extension of credit locally is practically at a standstill. The result is that such lands are picked up spasmodically by temporary renters who operate them if prices look encouraging for particular annual crops and let them lie idle if the price out- look is not sufficiently encouraging. Rather considerable acreages of sweet .L potatoes, beans, melons, and grain are grown on lands of this type. In other '^Farming of this type of course gives rise to serious after problems through failure to control weeds, over-irrigating, and other practices which affect adversely the later usefulness and value of the land. cases lands which have been foreclosed by loaning agencies tend to lie more or less idle unless these agencies have suitable organizations for administering them. Only the largest of the holders of foreclosed lands have anything that approaches suitable administrative arrangement for such handling. In spite of the problems indicated above, it seems necessary to recognize that there is need of a tax situation which will force the operation of some of the farms now lying idle. The principle lying back of the provision for full taxation on lands not fully developed is that such full taxation will force the earlier development of these in order that they may carry their taxes. In pros- perous times and when there is room for expansion in given lines of production, there is much to be said for that policy. Under present conditions and with the present outlook as to future supplies and prices, policies should apparently look to providing a tax high enough to encourage the use of such lands in some moder- ately intensive type of production, but not high enough to cause the land to be abandoned to the District. It is only by getting it into production and retain- ing it in production that it can contribute to the District's income, and it seems likely that its possible contribution in that way will be greater if it is in private hands than if it is in the hands of the District. The lines of development indicated above appear to point to the establish- ment in a good many cases of somewhat different sizes and types of farm units. Some of the units as now set up are too small for efficient operation and too little diversified to make effective use of labor supplies and other resources. Changes of this type will, however, require some years and in many cases will involve changes in ownership and the making of new investments of capital. Another of the serious problems which has grown out of the inadequate oper- ation of many of the farms and the failure to keep up intensive cultivation on them has been the mrked increase in the weed problem, especially in the case of Johnson and Bermuda grass. This has been occurring not only so far as the farms themselves are concerned, but has been further aggravated by the efforts of the District to economize on the care of its canals. Mention should also be made of the serious difficulties arising in certain areas as a result of seeoage and of alkali conditions. These, however, are taken into account in the survey made by Mr. Cone and i,lr. Underhill, and are therefore not further discussed in this report. Still a further important factor affecting the situation lies in the marked increase in alfalfa wilt, especially during the period since 1920. This has resulted both in a reduction of yields and in a shortening of the life of the alfalfa fields. It is possible that improved technical methods may eventually aid in overcoming that difficulty. V'here landovmers have become severely impoverished, even though they may still be retaining possession of the land, very serious deterioration in orchards and vineyards is occurring. This represents, of course, a loss both to the individual and to those who are concerned with the earning abilities of the District if such plantings are on lands capable of maintaining an efficient type of production. Price Levels and Their Relation to Ability to Carry Tax and Debt Loads From the introductory section of this report it is sufficiently evident that one of the major causes of the difficulties in v/hich the Merced Irrigation District finds itself lies in the unprecedented and catastrophic changes which have occurred in the prices received by farmers since the time at which the obli- gations under consideration were undertaken. This inevitably brings up for im- portant consideration the question as to whether a reversal of this great price change may again bring about a situation where the District would be able to meet its obligations in full. Great as the effects of this price change have been, it is not alone the cause of the difficulty, and a return to the prices of the period just preceding 1930 would not entirely remove the difficulty with which the District is confronted. There is considerable evidence even in the income and expense figures for 1929 that the District was carrying a tax load which bore crushingly upon its earning ability. The significance of that situation was ob- scured to a considerable extent by certain invisible sources of income which have now practically ceased to be a factor in the situation. These invisible sources of income were payments by non-resident o'jvners of land who had other sources of income, and payments by resident ovmers out of accumulated savings which they had at the time the District began to function. Evidence of these large inputs of outside funds and of savings funds came to the surface repeatedly in the course of the investigation. A number of typical cases of this type are pre- sented in Appendix L. Some question may be raised as to whether the District ever has reached a stage of earning ability such that it could meet out of the production income of its farms the cost of carrying its bonded indebtedness. Conditions which have been rather fully described and discussed in earlier re- ports on the District by various agencies have pointed out the way in which the District came to have a bonded debt some 30 per cent greater than the original estimates called for. The burden of this excess of debt over the original esti- mates has, of course, been aggravated by the fact that the District is compara- tively young and that it is not fully developed in the intensive way which was visualized by many of its promoters. Some of the land in the District is poorer than it was then thought to be and unsuited to either an intensive development or '21- a development capable of carrying any considerable expenditure for irrigation ivorks. Some of the land that was formerly considered suitable for intensive de- velopment and probably was suited to such improvement has been rendered practi- cally unusable through seepage and other unforeseen causes. In addition to the effects growing out of the change in price levels and the shrinkage of available incomes from outside has been the very jnarked decrease over certain of these years in the income from power. As a v;hole, hoxvever, the povrer income is likely to constitute a stabilizing influence in the financial affairs of the District. Unfortunately, in the period just past the extremely low power income and the extremely low prices have tended to coincide. To return to a consideration of the price level problem in relation to the District's ability to pay, only a brief comment seems suited to the scope of this report. Very extensive and voluminous studies have been made of the price level. These studies bring out two types of price relationship which are very important in the present situation. One is the change in the general level of all prices, a change resting largely upon the volume of credit and currency in use, the activity of business, and the speed of turnover of credit and currency. The other is a relationship of the prices of specific products to each other and to this general price level. These relationships depend to a very large extent upon the relative quantities oroduced in the case of these products and on the relation- ship of these supplies to the demands for them. The latter type of price re- lationship is somewhat predictable over moderate periods of time. This is es- pecially true in the case of such crops as tree fruits and the products of vines where the trend of production can be fairly well established. The course of the general price level itself is much less predictable. Both types of price change are important in considering the future prospects of the District. Probably the best informed opinion among economists specializing in -30 problems of money and credit leans to the view that the general level of prices will not rise rapidly and probably cannot be brought up very materially by one country acting alone. If this presumption is correct, there seems not a very encouraging prospect of a rapid rise in the general level of prices since such rise is likely to have to wait upon the development of a much better balanced world situation and much better international cooperation than we now have. This does not mean that there are no indications of such a development, but the achievement of better cooperation among nations is bound to be slow and halting, with backsets from time to time so that an early and favorable large effect upon the general price level is hardly to be expected. If prices are likely to remain at very low levels, further adjustments in many of the orice relationships of the nation will inevitably occur. Among these will be a lowering of taxes, a lowering of prices of some of the manufactured goods which farmers buy, etc. If it seems likely that prices may continue to show comparatively violent fluctuations, such as have been prevalent in the period since 1916, logic would appear to point to greater justice in the relations between the landowners of the District and the holders of its bonds if some con- tingent basis of payment could be evolved which would provide for larger payments in case prices rise materially and for smaller payments in case prices are lower. To effect a permanent settlement upon the basis of present extremely lov/ prices would, if prices should rise, constitute a great injustice to the owners of bonds. To effect a permanent settlement upon the basis of expected prices higher than the present would, if such higher prices did not materialize, result in renewed defaulting and the reappearance of the problem, probably in an aggravated form and with a morale on the part of the District inhabitants much less fortunate than that which appears to prevail at the present time. Unfortunately, even the prospect of a rather substantial rise in the general price level does not offer as much encouragement to agricultural products -31- as we might vdsh it did. This is due to the ftxct that, while stocks of goods in industrial lines have been rather generally .rorked down to comparatively low levels, in agriculture, storage stocks of most of the major products and, what in this particular industry amounts to the same thing, production capacity is still very much expanded and is beyond the probable needs even should the industrial communities regain some measure of prosperity. It is difficult, if not impossi- ble, to bring about in the agricultural industries an abandonment of the use of full productive capacity. Their expanded productive capacity operates, therefore, in much the same way as a continuing excess in storage. Again, there is the further difficulty that the capacity of society to use foodstuffs, which are the principal products of agriculture, is quite limited. Beyond certain limits in- creased supplies are not taken no matter hov; low the price may be. This over- expanded position on the part of agriculture seems likely, therefore, to keep it in a relatively unfavorable position even if the general price level should rise substantially. The prices of agricultural products are also affected adversely in that a very large part of this production depends upon foreign markets. Even if the general level of prices in the United States should rise, it does not necessarily follow that the prices of the export products \vould be raised materially thereby. They still v/ould depend upon the purchasing power which other countries could exert in the United States. Such purchasing ability depends largely upon the ability of these countries to export goods to the United States. Such development of purchasing poiver we have undertaken to cut off to a large extent by our efforts to exclude from this country practically all types of products which they would exchange for our agricultural products. Other countries faced with the necessity, if they are to buy American farm products, of sending us gold, have, in a very large number of cases, established very drastic barriers to the outflow of our surplus agricultural products in order to protect their own gold supplies and to -3^- develop their own industries. Until this situation begins to break down and a better or less restricted flow of goods internationally is possible, «ve are faced with the prospect of rather lev prices on agricultural oroducts, of ^vhich a sub- stantial part moves into export, and we also have a very definite deflationary tendency in the international credit situation on which our own volume of credit depends to a large extent. Even where products do not enter much into export trade, if they are in competition with a large number of products which do depend upon export markets, there is an immediate tendency for these more sheltered lines of production to be expanded until they come dovm to a measure of prosperity simi- lar to that of the export lines. In spite of these unfavorable indications, it is nevertheless true that any important increase in the general price level would un- questionably improve materially the District's ability to pay on its obligations. The considerations indicated above point to a probability that new plant- ings and further rapid development of land not now highly developed will not appear sufficiently profitable to cause investors to put in the funds necessary for large increases in earning power from these sources. The acreage trends shown in tables I and II do not indicate that such new development is occurring, though this might be stimulated somewhat by any improvement in the District's financial status. Not only is this lack of incentive to further investment a factor but further than that the credit of most of the individuals interviewed in the District has been exhausted to an extent which makes it practically impossible for them to undertake any extensive new investments. Apart from this it appears possible that the District will develop somewhat more slowly than was anticipated in the early stages of its development. Certain of its lines of production have been confronted with markets so badly oversupplied that sale of the entire pro- duction v/as almost impossible. A number of these products move into comparatively narrow markets which could readily be oversupplied by any considerable expansion of acreage either in this District or in a number of others which are well suited -33- to their production. This may indicate a necessity for the District to look in the future to developing more largely certain lines of production for v/hich thet*e is a wider market, as, for example, the products of its dairies. If this tendency develops, it will probably be faced with a rather extended and somewhat difficult period of transition requiring some little new investment in the de- velopment of nev/ types of production and rather unprofitable production in lines which are undergoing forced declines. Fuller discussions of the outlook in con- nection v/ith s>3veral of the leading products of the Merced District is shown in Appendix E of this report. GENERAL PLAN OF THE ECONOMIC SURVEY Most agricultural areas in California present a wide range of soil condi- tions with very abrupt changes from farm to farm and even from field to field on a given farm. This condition is characteristic of the Merced area. As a result vThose interested in a more careful examination of these features will find them rather fully covered in "Soil Survey of the Merced Area, California" issued by the Bureau of Soils, United States Department of Agriculture, 1916. This covers the technical soil variations. (Soil specialists of the University of California and of the United States Department of Agriculture who have re- cently looked over portions of the District agree, however, that the soil sur- vey published in 1916 is not entirely accurate, the portion pertaining to the area* running from around Tuttle to south and west of Merced being in special need of correction.) The economic or income producing abilities of the soil do not necessarily follow technical soil classifications. The land classification mentioned above gives a clearer understanding of the relative value relation- ships. partly of this exceedingly complex soil situation and partly of the methods of settlement used and of the varying interests, financial abilities and so on of those who have developed the farms of the District, there is a wide variety of types and sizes of farms in the District. In many cases the size of the unit is that which seemed to lend itself best to the sales policies of real estate and development companies rather than a type and size of unit which would have been selected by an experienced local farmer or a specialist in farm management. The result of this has been a considerable number of very small units and probably a smaller degree of diversification in lines of production than would prove to be most profitable in the long run. A general survey of the farm types in the District, based largely on the observation and experience of people long resident in the area, indicated that the follov^ing types of farms could be recognized as characteristic of the agri- culture of the District: A. Farms on which the principal enterprise and, in most cases, the principal source of income consists in the production of peaches. -^35 apricots, almonds, walnuts, or sone combination of these. In this District these farms depend for the most part on peach production, the acreages of the other crops mentioned being comparatively small. B. Farms on which fig production constitutes the major enterprise. C. Farms depending primarily on the production of alfalfa and dairy products. These are mostly dairy farms selling little or no hay, but farms which do raise alfalfa for sale have been included with them since dairy farming constitutes, so far as the land is con- cerned, mainly another vmy of selling the hay produced. D. Farms devoted chiefly to grape production. E. Farms devoted chiefly to the production of grain. These are, in many cases, not irrigated. Frequently they lie above the ditches, are too rough to irrigate, or consist of land that has not been developed to a very high stage of intensity. This group, hov/ever, does not include the rice lands which are largely under one control, and are covered in a separate phase of the report since their characteristics are very different from those of the ordinary grain farms . F. Farms characterized by a more diversified group of enterprises, that is, having no one enterprise predominating over all others. G. Grazing lands: These are mainly in the hands of a few large oper- ators and carry rather well established cash rentals. They have, therefore, not been included in the samples drawn but are treated as a unit separately. H. City and village properties, largely nonagricultural in nature. I. Industrial properties, including such things as cement plants, pottery works, railroads, etc. The very small agricultural properties appear to present a somewhat differ- •.t. ft,:C' 'til-. ' ^ ent problem than those which are large enouf^h to be definitely classed as farms or ranches. Many of these smaller properties represent part-time farming ventures or have been purchased by individuals who are not primarily farmers. In such cases there is often some other source of income, and the property is not, or perhaps it is better to say should not be, looked upon as a balanced business and family unit. An attempt to separate these from the properties which are more specifically commercial agricultural enterprises necessarily involves certain arbitrary assumptions except as a detailed analysis of every individual property in the District is made. In many cases subdivisions have been made in xmits of ten acres. There is some little tendency for a property which consists of less than twenty acres to be of ten acres or less in size. The investigators feel that the very small properties, even though used for commercial agriculture, present less of a problem, so far as the purposes of this study are concerned, than do the larger parcels of land. In the first place, many of the ovmers of these depend partly on other sources of income. In the second place, the District tax on these parcels, even though relatively high per acre, does not run into such large suias, and, where farming is the main source of income, not in- frequently applies to a very intensive type of agriculture. It seems likely, therefore, that these properties may be able to carry their proportion of the load if their taxes are not pyramided through widespread delinquency of District and County taxes owed on the larger farms and ranches. The validity of this assumption is examined more fully in a later section. (See Appendix I.) >o/ ^In the cases where these farms are the sole source of income it seems likely they will eventually have to be combined into larger operating imits un- less operated very intensively. It is obvious that no hard and fast line can be drawn between such small properties and the larger ones. It seemed reasonable, however, to include in -37- this class all parcels of less than twenty acres. It is the opinion of the sub- committee which discussed this problem that the most sienificant tax delinquency problems lie in the situation presented W the properties in groups A to G inclu- sive, of those indicated above, and, 'vithin these, in the properties involving twenty acres or more of land. It will be apparent that such a division leaves some fairly distinctive agricultural operations in the group of properties of less than twenty acres and some which are really part-time farming units in the groups of twenty acres or more. Nevertheless, the committee still feels this to be a justifiable basis of division on- which to arrive at a clearer view of the . situation. The ditch tenders of the District reported 1,638 separate pieces of farm land of tventy acres or more, (not including certain large corporation farms which are reported separately) obviously too many to warrant an attempt to get specific individual records from each, especially in the limited time available for this study. It was necessary therefore to settle upon some means of secur- ing a representative sample from these ivhich could be used in estimating the situation for the group as a whole. As a means to this end the descriptions of the different farms as shown by the ditch-tenders' reports -;ere placed on sepa- rate slips of paper, and these vjere sorted into groups A to F inclusive. All slips for a given group were then shuffled in a basket and an agreed number of slips drawn successively to constitute a sample considered repre- sentative of the farms of such group. ^In a few cases where the record of a farm, when actually taken, s?iowed it to belong in some other group than that for which it was dra;m, the record was transferred to such other group for summarization. An agreed number of additional slips was dra^m to serve as alternates for farms for which consistent or satisfactorily complete records could not be obtained. The actual drawings were made jointly by Mr. J. S. Cone, employed by the District to make the land classification, and Mr. R. L. Underbill, the observer employed by the Bondholders Protective Committee. It will be noted that the drawings were strictly according to lot ehd should show all types of farm.s, • the best, the poorest, and the intermediate, about in the proportions in which they occur in the District as a whole. 3$- The numbers of farms falling in each group and the numbers drawn are indicated below: Group No. of farms in class Size of ' sample Number of cL Q Q i L» i. U li ci ± farms drawn A Peaches, apricots, almonds, and walnuts 111 36 CU B Figs 177 36 20 C Dairy and alfalfa 393 60 20 D Vine s 283 60 20 E Grain 221 48 20 F Truck crops and general farming Rice (not drawn) Pasture lands (not drawn) 279 35 139 60 20 1,633 300 120 Field men then visited the farms thus drawn and secured, by the survey method commonly used in Farm Management studies, a record of the expenses, in comes, investments, etc. on these farms. These records covered the farming vsee copy of the question blanks used, attached as Appendix A of this report. operations for the years 1929, 1930, and 1931. Since the field vrark v/as started in the latter part of August, 1932 it was not possible to cover the 1932 business. Some indication of the relation of this to the other years shown is given, how- ever, in a later section. (See Appendix D.) Changes in inventory are not shown. It was felt that showing the financial record -for three years would aid more in giving a clear picture of the situation, and of the changes that have occurred, than to have a very minute record for one year. The records include about as much information as it is practical to secure at one sitting v/ith each of the farmers interviewed. The inventory changes from year to year are comparatively unimportant because of the perishable nature of the orincipal crops grown in the District, and, in so far as they do exist, they are largely taken account of by covering the business of the three years instead of one. There were inevitably certain farms for which records could not be secured. Ovmers had died or lived at great distances; in a few cases the language handicap was so great or the available information so meagre that it was not regarded as usable. In these cases the particular farms v/ere passed, and successively drawn farms from the "additional" list were substituted. Records of County taxes were taken from the County records, and the records of income from dairy products were for the most part secured from the creameries purchasing milk and cream in the District. In all, 299 usable records were secured in addition to the summaries from several of the larger corporation farming organizations. The aim has been throughout to keep in readily understandable form the information on costs and returns. Two alternative procedures were considered; one, to attempt to allocate specific costs per acre to each kind of crop, and to obtain as nearly as possible the value of the product per acre, and to apply these values to the estimated acreages in the District. The other plan consists of taking the total expense of each farm and the total income, and reducing these to the basis of acre values for the acreage on which taxes must be paid. The first procedure has probably been the more usual one in Califonaia studies of this type, but has been somewhat less characteristic of farm management studies in many of the other states. While both v;ays of going about the problem have their advantages, the second has been chosen in this study on the basis of the following considerations: 1. The allocation of soecific costs to each crop on a given farm in- 40- •t'V vo. lives a great deal of arbitrary assignment of given joint costs to the different crops. This gives rise to much difference of opinion as to how much cost should be borne by each specific crop. 2. The farmer is better informed as to total expense; for example, for labor, than he is as to specific amounts of labor chargeable to given crops. The better his knowledge of the items covered, the more accurate is the record that can be secured from him. 3. Non-cash items such as family labor, use of equipment, and so on are not only subject to much controversy as to how they may be allocated among various crops, but to make such allocation is a very time-consuming process running beyond the time limits for which this study was planned. 4. The objective sought, namely the ability of these farms to pay District taxes will, in the opinion of the investigators, be more accurately presented to view by considering each farm's entire expense and total income and reducing these to an acre basis than by looking at the farm business piecemeal in terms of specific crops. This plan of computation leads to a somewhat wider range of costs and returns per acre in each type of farm group than would probably be shown for the specific acreage devoted to the particular crop on which the grouping is based. This is due to the fact that a farm may, for example, be mainly dependent upon peach production for its income, but may include five acres of alfalfa and twenty acres of peaches. Another farm in the same class may have twenty acres of peaches and ten acres of truck crops or grain. Both are primarily peach farms, but the total income, probably chiefly from peaches, will in the two cases show different returns per acre even though the actual income from peaches be the same. On the other hand, the tax must be paid on all of the acres whether in peaches or not. and the summary shown seems therefore to be the truest representation of what the farm can do in meeting its taxes. Records taken by the survey method are based largely on the farmer's re- membrance of his transactions, supported by such book records as he keeps. These frequently are far from complete. It is recognized that some of the records thus secured will be subject to some little error. Past experience with the survey method indicates, however, that such errors tend to be compensating rather than cumulative. The farmer is apt to overlook some of the minor items of income. He is even more likely to overlook minor items of expense. Question blanks are so designed as to raise the question of each type and kind of expense and income so as to bring it up for specific consideration by the farmer. The record as given is, however, the most accurate that can be attained in a business which does not in general maintain complete book records such as corporations are likely to have. The records are, of course, subject to greater inaccuracy for 1929 and 1930 than for 1931 owing to the longer period elapsing since the business of those years was transacted. It must be recognized that the incentives for biased replies are greater in the present case than in ordinary farm management studies. The fieldmen taking the records have, however, labored conscientiously to keep out intentional bias, and in so far as practical, the results have been checked as to their reasonableness and accuracy. A later summarization applies to the acreages in the District, a carefully made estimate of average production and prices which will afford an additional check on the figures secured from farmers of the District. Viewpoint from v/hich the Study is Approached The study covered in this report is designed to present as clearly as possible certain factual information concerning the Merced District and the conditions in it. This, it is hoped, may be helpful to the lando vners of the - fZ- I t I ! I District and tc the holders of the bonds of the District in considering con- structive plans for dealing with the situation and promoting; the best interests of all concerned. In looking at the problems involved, four rather distinct points of view are recognizable. These are as follows: 1. That of the landowners in the District. 2. That of the holders of the District's obligations. 3. That of the holders of obligations given by the individual farmers of the District and of other taxing districts of the area. 4. A public point of view represented by the interests of the state and the county in the achievement of some solution of the District's problems which will provide for the continuation of the operation of the farms of the area and for a minimization of the destruction of wealth and of inequity as among parties of interest. These various points of view have some features in common and some in which they may be more or less directly at odds. It seems certain that none of the interests can be well served by any procedure that does not provide some in- centive that will encourage the active and efficient operation of the farms of the District, since these farms constitute the source from which most of the in- come here under consideration must come. This report attempts to visualize that situation in terms of an assumption that the lands of the District will continue to be operated actively and for the most part by individual farmers. It seeks to set forth as clearly as possible what conditions seem, to be necessary to the maintaining of the wealth production of the farms and it also seeks to develop factual material which will be useful in arriving at an equitable basis for ad- justments among the various interests concerned. The study has of necessity been carried out in as short a period as seemed possible. Because of this some refinement of procedure was omitted which might -f3- I have added to some extent to the accuracy and fullness of detail. The urgency of the problems and the plan to postpone definite negotiations until the information developed by this study had been made available have seemed to warrant crowding the work into this briefer period even at the exoense of some refinement which could otherwise have been included. In addition to this, the fact that somewhat new procedures and the development of the basic principles involved have seemed to be necessary, has complicated the study and some little work still remains to be done in interpreting and organizing the material secured. Types of Expenses and Costs Involved The gross income of the farms of the District is at any given time a rather fixed amount. It depends upon pricss, physical production, the stage of develop- ment, and the skill of the farmers. The first of these is almost wholly beyond the control of the farmers of the area. The second is partly controllable and, on established farms, is usually handled as well as the farmers know how to handle it except for deficiencies in operating practice which result from inadequate working capital or from an unsatisfactory price outlook. Land or orchards not developed to high stages of production can only be brought into higher production with time and with the further investment of capital. The initiation of new in- vestments depends, of course, upon the outlook for profits from such investments. To put the matter rare simply, the total income of the farms of the District can be changed very little at any given time, and, even over a period of time, the uncontrollable changes are likely to be more significant than the controllable ones . Out of this gross income, more or less fixed at given times, must come not only such payments as are made for interest and retirement of bonds but a number of other types of expenditure of varying degrees of urgency. Closer examination of these various types of costs and expenditures will lead to a clearer under- : !>. l-n g!; R ^ standing of what can and ivhat cannot be done in the way of meeting taxes of various kinds. The follov/ing classifications of cost have been made in this survey: A. Cash op erating expenses other than for labor . This group of expenditures represents the actual cash outlay of these farmers for goods purchased. Such items as supplies, repairs, feed, etc. are in- cluded in this classification. In general the prices of such items have remained much higher in proportion to their pre-war levels than those of products which farmers sell. For the United States as a whole, the United States Department of Agriculture gives an index figure in September, 1932 of 106 per cent of the pre- war level in the case of commodities purchased by farmers for use in production. This may be compared to an index of 54, by the same source, for prices of all major farm products sold. The amount of this item of expenses can be reduced by the farmers of the District only in so far as they are able to reduce the amounts of such goods purchased. In the past three years the amounts so purchased have, in the judgment of the investigators, been reduced practically to an absolute minimum. It may be questioned, in fact, whether these farmers have not purchased too little in the way of supplies to maintain the farms of the District in an efficient producing condition. This means that, except as prices of these com- modities decline, practically no reduction in this item of expenses is possible under any conceivable plan of operating the farms of the District. It is true that certain of the large farming corporations have found it possible to make wholesale purchases of farn:i supplies at somev/hat lower figures than the prevail- ing retail prices. The saving thus effected, however, is partly or wholly offset by necessary expenses of administration in handling such arrangements. The ex- penses indicated as Class A must, therefore, be regarded as a first charge against the income of the farms of the District if farming is to be carried on. -/f5- B. Expe nses for labor . The labor used in production is provided in one or both of two ways. Either it is outside labor hired or it is labor supplied by the farm operator and his family. ^Yhere the labor is hired a definite figure for this exoense is usually obtainable and has been shown separate from the value of family labor. A very large part of the labor is, however, supplied by farm operators and their families. The method used to arrive at a figure for this cost has been to secure an estimate of the number of months of hired man labor that would be required to carry on the same operations if the family labor were not available. To the estimate thus obtained the following wage rates have been applied: for 1929 and 1930, 35 cents per hour without board; for 1931, 25 cents per hour: in 1932 the prevailing rate was about 20 cents per hour, although it has been 15 cents in some cases. Labor which can be hired for 15 cents is, however, usually not as efficient as that which the farmers have been accustomed to securing. Yfhere labor is boarded an allowance is made of $1.00 per day for board, room, and washing for the years 1929, 1930, and 1931. The customary charge for this has dropped to 75 cents per day in 1932. The prevailing practice of the area is for laborers to board themselves. The labor rates for hired help are now so low that they constitute practi- cally only a bare living wage and are virtually irreducible if laborers are to continue to work on these farms. Because of this fact it has been assumed that there is no appreciable margin of profit in the charges assigned to farm labor and that any means by y;hich the farms might be operated other than by their present operators would necessitate a similar or larger expenditure. The estimates of amounts of labor which would have to be hired if family labor were not available are, of course, somewhat rough and cannot be reduced to an extremely fine basis. For some operations children or women can do as much as full gro-.m men. The in- vestigators have, however, made every effort to get as clear a picture as possible of the actual equivalent labor necessary if operations were handled by hired help. In most cases the operator and family labor are orobably more effectively used than a similar amomt of hired help would be. in 19 ol The exoense shovm for Class B costs/is therefore regarded as being practi- cally an irreducible minimun if farrain?; operations are to be carried on in any- thing like a normal fashion. Only by drastic changes in type of agriculture and the use of much more extensive farming operations could this be materially reduced. More extensive types of farming would, however, probably reduce rather than in- crease the ability of the land to pay District taxes, tfention should probably be made that it is doubtful if the present operators and their families would con- for 1332 tinue to work at the rates of return indicated/if the usual opportunities for work in other localities and in ■ :her industries were available. During the present deorosFod period they have little opportunity to shift to work which will give them a better return or less arduous work. As conditions improve in non-agricul- tural pursuits, a development which will probably occur earlier than an improve- ment in agriculture, it is hardly to be expected that the operations in the District can be maintained on a basis as low as bhat of 1932. C. Depre ciation on equipment, plantings, and soil . The continued use of equipment, the increasing age of plantings, and the continued cultivation of the soil will involve continuous deductions from certain elements of value existing in the District at a given time. In the normal course of events deductions of this type tend to be offset or more than offset by new investments, new plantings, and by the application of fertilizers. In periods of greatly depressed conditions such expenditures for replacement can be deferred for a time, though failure to make them leads to a progressive using up of capital assets 7;hich are, of course, important to the interests not only of the landowner but of the holder of the District's bonds as well. Such continuous withdrawal of assets over a period of years can, in the course of time, leave an area illy -H-1- equipped for any effective type of production. It has much the same effect as the prosecution of a lone; war has upon a nation. Ono of the serious problems of Ger-mny since the '/ar has been that very one of building up the capital equipment v;hich was brought to a very low level during the war period. A similar situation existed in the case of the American railroads. From the standooint of a continuance of effective production, depreciation presents several pi-oblems. In the first place it is hardly to be expected that improvements and equipment will be maintained unless the income from the lands can be so distributed as to permit an amount to go to the landowners and operators sufficient to cover the depreciation as well as the expenses indicated under A and B, On the other hand, it must be recognized that this is an expense which can, to a considerable extent, be deferred for periods of a few years. It must also be recornized, however, that operators in the District have been proceeding for practically three years nov/ with very little expenditure for the offsetting of such depreciation. Any settlement of the District's problems which looks to dealing .vith ics financial program over a long period of years must inevitably give very careful consideration to some plan which will provide both the means and the inducement for investments of this type to be maintained. If they are not made, the earning ability and with it the tax-paying ability of the District are certain to decline. The above comment brings into consideration a further difficult problem. Provisions which make allowance for replacement of expenditures, but on the basis of a minimum living wage such as was indicated under B above do not necessarily insure that this replacement will be made. If the conditions of payment are such as practically to eliminate any value in the raw land, a factor which is one of the most significant incentives for maintaining the capital investments on the land, it is entirely conceivable that farmers may choose to use for current living some of the income theoretically assigned to replacement of deteriorating investments or oven to transfer income of this tyoe to investments elsewhere, thus causing a grt^ducl ..vithdniv/al of capital from this area. It is impossible to state at this point what sort of arrangement is necessary to provide the incentives needed to offset a tendency of that kind. If it should prove possible to set up a some-rhat flexible basis of cnarvres for meeting bond interest and principal it iniq;ht be possible to gauge this from time to time by careful observation as to whether alantin,.-s and other investments are being maintained. If some rigid plan looking .to a settlement over the whole period of the life of the bonds is contem- plated, orobably the only approach to this problem must be through an allov/ance of income above taxes which will give sufficient value to the raw land to provide an incentive to maintain tht^ structures and plantings on it. As a factual basis for consideration of the matter it has seemed not to appear practical to do other thar. show as clearly as possible -what average annual investment would be necessary over a neriod of y(;ars to offset the depreciation occurring on these farms. This is accordingly shovm in the costs under Class C. Over a period of years the actual deorcciation assignable to new investments varies somewhat according to changes in the costs of comrMditics ourchased and of labor. The bases on which the deoreciations shorm were computed were developed after nuitierous committee meetings with local people, after survey of nearly all available records, and after consultation with various s -ecialista of the College of Agriculture of the University of California. Those /ho are familiar with the problems of computing deoreciation will aopreciate that no depreciation schedules can be set up ivhich v/ill meet with universal approval. The same mac: ine in the hands of different operators and under different farm conditions will havt different periods of life. Buildings with good foundations will last longer than those with poor ones and the life v/ill be affected by the amounts of paint used, and the provision for current repairing. Some plantings with good care will last as much as twice or more the life of others which receive poorer care or \vhich are not on the same i I kind of soil. The figures used in this connection are regarded as representative for the conditions in the -lerced area, but very considerable variations in both directions from them will b - found in iudiviciual cases. The bases used in com- puting investj'ient and depreciation are to be found in Appendix C of this report. D. County taxes. These as shoivn represent the costs of conducting the local government and the schools and county and local road systems. Efforts are being made to bring about reductions in these, and there is little d.ubt that they will be m.odified to some extent. Such adjustments are recognized, however, as being slov/ processes and it is difficult to oredict how much reduction of this kind can be made. Certain counteracting factors are concerned. One of these is the fact that most counties are encountering increased demands for poor relief. Another is the possibility that a continuing serious deficit in state finances might result in a state tax on property which would be added to that for county and local purposes Certain of the county and school expenses cannot be changed except through de- fault since they represent fixed obligations for payments on county and school district bonds. Items of that kind tend to hold the budgets to more uniform amounts than they r/ould be as a result of purely current expenses. E. Interest on investment. Of a still different type is the cost which may be imputed in the form of interest on the investment. So far as investments which have already been m.ade are concerned, these will be continued in use whether they do or do not make a return in the form of interest. Only if return drops below the point of no interest and do.m to a ooint which does not cover necessary current replacements will investments already made tend to bo throvm out of use. On the other hand, the matter of a return on investment or of a lack of return has much to do with the maintenance of production in the District. For fuller consideration invest- -50^ I I I ( I 1 raent may be separated into two types. These correspond roughly to the distinction •which the economist makes het^neen capital in the sense of structures or goods created through the efforts of man, and property v/r.ich is not the result of man's efforts but has been afforded by nature o The buciness man usually thinks in terms of a commercial valuation on these and lumps them both together as capital, but they do not behave the same in circumstances like those here under study. A part of the investment which had been made in the District has been in the form of payment for raw land. This raw land was a natural product and does not have to be replaced. The other type of investment is repre- sented by buildings, machinery, trees and vines, leveling operations, etc. Kxioh of this must sooner or later be reolaced. As in the case of depreciation, such investment will not be made again unless there seems a reasonable possibility of a return of the amounts invested, together with interest on it for the period of its use. Looking to the longer period problem, landovmers must see some possi- bility of covering this item of expense or they are likely to effect a gradual withdrawal of capital in the manner indicated above in the discussion of de- preciation as a cost. For the purpose of this study, a part of the investment put in in the form of human effort and the use of machines may be regarded as in a similar class with the value of the raw land. It is that part v/hich consists of expenditures for the construction of ditches, for the rough leveling of the land, etc. Such expenditures represent sunken investments v;hich cannot be with- drawn and can De largely omitted from consideration in a problem such as that which is at present before the lando\mers and bondholders of the District. Return on valuations given to the rav/ land needs to be considered only to the extent that it is important, as indicated above, to provide an incentive for continuance of production and the maintenance of the capital invested in the District. It is a well laiown fact that basically the valuation given to land is a capitalization ment may be separated into two types. These correspond roughly to the distinction v/hich the economist m8.kes between capital in the sense of structures or goods created through the efforts of man, and property which is not the result of man's efforts but has been afforded by nature. The business man usually thinks in terms of a commercial valuation on these and lumps them both together as capital, but they do not behave the same in circumstances like those here under study. A part of the investment which had been made in the District has been in the form of payment for raw land. This raw land was a natural product and does not have to be replaced. The other type of investment is repre- sented by buildings, machinery, trees and vines, leveling operations, etc. iiuch of this must sooner or later be reolaced. As in the case of depreciation, such investment will not be made again unless there seems a reasonable possibility of a return of the amounts invested, together with interest on ib for the period of its use. Looking to the longer period problem, landowners must see some possi- bility of covering this item of expense or they are likely to effect a gradual withdrawal of caoital in the manner indicated above in the discussion of de- preciation as a cost. For the purpose of this study, a part of the investment put in in the form of human effort and the use of machines may be regarded as in a similar class with the value of the raw land. It is that part ;vhich consists of expenditures for the construction of ditches, for the rough leveling of the land, etc. Such expenditures represent sunken investments v/hich cannot be with- drawn and can De largely omitted from consideration in a problem such as that which is at present before the landowners and bondholders of the District. Return on valuations given to the rav^ land needs to be considered only to the extent that it is important, as indicated above, to provide an incentive for continuance of production and the maintenance of the capital invested in the District. It is a v/ell loiown fact that basically the valuation given to land is a capitalization '51' of the amounts vvhich the buyers of land estimate this land \vill produce over and D above the exoenses of production indicated under A, B, C,/and E above, added to an estimated present value of probable future advances or declines in such capi- talized value of the land. It is not a cost in the same sense that items A, B, D C,/and E are. This valuation of raw land is to a large extent the residuo.l claimant after all other items of expense have been covered. It therefore reacts downward very sharply in times of low income and may rise relatively rapidly if farm income over costs is increasing. It is largely out of the net rent! that D is, the return above costs A, B, C,/and the part of E applying to investments re- quiring replacement, that District taxes can be met over a period of time. In the case of irrigation districts there are rather considerable amounts of non- on withdrawable investment, returns/which can be absorbed in taxes without materially checking production. It will be apparent that tue income v/hich, over a period of years, is assignable to the payment of bond interest and principal is very similar in nature to that v/hich is assignable as an income on the ovmership of the rav/ land. It is true that the irrigation system represents an actual capital investment in the economic sense of the term, but it is also trae that that in- vestment cannot be withdravm and has no value except in its association with the land. It is much like an investment which has been made in a railroad grade or a piece of trackage. It has no use except that for which it \vas intended. District taxes can absorb and continue to absorb all income on mi-'..rginal farms C except th&t necessary to meet the expenses of classes A, B,/and D above and that portion of E which applies to capital v/hich can be v/ithdrawn from the District. Such amounts of residual income apply to the raw land plus the irrigation structures and other non-perishable improvements of the District and such amounts as are left over after District and County taxes are paid will go to the main- tenance of a value in the land of the District. Some further explanation is needed relative to the class of land and the -52 ! I class of farmers to which the above analysis applies. The quality of land in the District varies considerably from unit to unit. Also, the efficiencies and financial abilities of the farmers vary considerably from farm to farm. Taxes on a given quality of land cannot be laid in proportion to the earninp; abilities of the various qualities of farmers on this type of land. Under the constitutional provisions of this country, the taxes and District assessments must be in pro- portion to the valuations placed upon the land. This means that only in the case of the poorer farmers can such a uniform levy against the lands of different farmers be made high enough to absorb all of the net return to land above such D costs as are indicated in A, B, C,/and E. Some of the poorer farmers will always be submarginal farmers. They will not be able to meet any assessment which is likely to be levied and will eventually lose out and be replaced by others. This occurs in all businesses and in all lines of work, P'rom the standpoint of self- interest on the part of the holders of bonds it is not feasible to raise the level of taxation to such an extent that the fafmers displaced will not be re- placed by others at least as capable. Above the level of ability to pay established by the marginal farmers of the District v;ill be a cert^j.in percentage of super-marginal f:xrmers who are able to make somewhat better returns than the marginal farmers - Such better returns will accrue to them in the form of higher returns for their labor and capital than those indicated. This part of the income of the farms cannot be reached by any form of property taxes since to attempt to absorb it would involve either unequal taxation or the raising of the levels of taxes to a point where so many farmers would be displaced that land would be transferred to the District on a wholesale scale and would not find new buyers. The income which the better farmers are able to make in excess of what the marginal farmers are able to make will be used in various v/ays. For one thing, it will probably result in a better content of living than is possible on the basis of returns to family labor indi- cated under B above. For another thing, it constitutes a basis on which a con- siderable part of the private loans of the area can be carried. The lending agency which loans to individuals can make a distinction which is not possible to the taxing agency. A loan can be made to a farmer v/ho is better than the marginal farmer and interest on it may be paid. Loans to marginal farmers or to farmers below the margin certainly cannob and will not be paid. This phase of the problem brings out a very important relationship between the private obligations o^ving by farmers in the District and the public obligations owed by them. It also illus- trates the inexpediency of any attempt to lower in a uniform percentage way the obligations ov/ed to private lending agencies. Such an attempt to louver these uniformly would lessen rather than increase the effectiveness, in terms of the prosperity of the District, of such amounts of loss as the lending agencies are capable of absorbing. They must inevitably take considerable losses on any loans which have been made to marginal or submarginal farmers. It is by using their capacity for absorbtion of losses to meet these losses that the area will best reach a condition of financial stability. To absorb losses in cases of farmers • 5'f - above the margin would lessen their ability to meet the other situations and would not benefit the holders of obligations supported by taxing po-vers, since a property tax cannot reach the income which these better farmers make over and above that made by the narginal farmers. Private lending agencies are undoubted- ly taking very substantial losses on obligations due them. The f\ill amount of such losses is in most cases not yet known even by the lending agencies them- selves since properties acquired by them through foreclosure are taken over on their books at the amounts due them, and the extent of the loss is not measured until the properties are resold. Their losses, however, will come largely from a selective portion of those owing to them and not in the form of a uniform loss on loans due from good and poor farmers alike. It is, of course, necessary to recognize that if prices continue as low as those of 1932 and other conditions are no more favorable, a vei-y large part of the farmers is likely to be at or below the margin even with no payment of District assessments, and obligations owed by them will be of doubtful value whether they be private or public obli- gabions . Relative Gontractibi lity and Expansibility of the Various Types of Costs Brief mention should be made of the probable reaction of the various types of costs previously discussed to changes in the general situation as to prices and business conditions. Class A. Cash operating oxoenses other than for labor. These respond relatively slowly to changes in farm conditions. As will be seen in Table VI they remained relatively constant from 1921 to 1929 at be- tween 150 and 160 per cent of the pre-war average. In 1930 they dropped to 146, in 1931 to 126, and in November, 1932 stood at 106. (The figures arc for the United States as shown by the United States Department of Agriculture in "The i Agricultui-al Situation," December, 1932, oago 21.) Tabic VI Year Fari'i -iVcifres , Unitod State s='' Prices paid by farmers for com- modities bought, United States 1 1921 150 156 1922 146 152 1923 166 153 1924 166 154 1925 168 159 1926 171 156 1927 170 154 1928 169 156 1929 170 155 1930 152 146 1931 116 126 1932 Oct. 84 i _ Nov. 106 =f Ibid. p. 20. Class 3. Labor both hired and that supplied by the farm family. Farm v/agcs tend to reflect more fully changes in farm prosperity than do prices of commodities purchased by farmers. They are affected, hoivevcr, not only by farm prosperity but by activity in other industries as well. In 1921 farm wages, over the United States as a whole, had come down to an index of 150, based on pre-^var wt^ges, and later rose to 171 in 1926 during the period of rela- tively active business in non-farming activities. With the onset of the present depression they have dropped rather rapidly to 152 in 1930, 116 in 1931, and stood in October, 19 32 at 84. Family labor will respond over short periods of time even more com- pletely to changed agricultural conditions; that is, for short periods of time families mtiy continue to carry on at almost no income. Phis, however, cannot be continued for any great lenpth of time, partly because the family resources will -5C not permit and partly because after a few years the families will choose to engage in other than agricultural pursuits rather than to continue to work for little or no return, \ftiile conditions in other industries are extremely de- pressed, such families have little opportunity to shift and are likely to con- tinue to operate the farms possibly even at less than prevailing wage rates until better opportunities present themselves elsewhere. Class C . Depreciation. As already indicated, the cost involved in depreciation both of equip- ment and of plantings may, so far as its effect on production is concerned, shrink to almost nothing for short periods of time in the case of those investments which are already in the farmer's possession. Such is not the case, however, where replacements actually must be made, and, if unfavorable conditions prevail for very many years, such replacements must be made or production must be defi- nitely curtailed. Y/herever replacements are involved, they will have followed approximately the cost changes indicated for commodities bought by farmers and the changes in the cost of farm labor. Class E. Interest charges. These, like depreciation charges, can be omitted for a time provided the farmer owns the capital. V^here he does not own his capital but must pay interest on it this cost must be met, often at relatively higher rates, or the farmer is forced out of business. -51- The Per -Acre Income and Expenses as Shown by Records from 299 Farms in the Merced Irrigation District, 1929, 1930, and 1931 The following tables present information relative to incomes and expenses for each of the six type-groups for which samples viere drawn. These groups are as follows: A. Farms drawing their income chiefly from deciduous fruits (excluding figs). B. Far;as on which the chief source of income is figs. C. Far-ns chiefly engaged in the production of dairy products and alfalfa. D. Farms chiefly devoted to graoe or raisin production. E. Farms devoted mainly to the production of grain and general field crops. F. Truck farms and those having such diverse sources of income that they could not v/ell be classified in any of the other groups. For each of these farm groups the following tables are presented: 1. Farms arranged in order of gross incomes per acre and by classes of land, 1931, 1930, and 1929. 2. Farms arranged in order of cash costs per acre other than labor and taxes, 1931, 1930, and 1929. labor, 3. Farms arranged in order of costs for/ 1931, 1930, and 1929. 4. Farms arranged in order of costs Ai-B-^C*D, 1931, 1930, and 1929. 5. Farms arranged in order of net return per acre over costs AfB, 1931, 1930, and 1929. 6. Farms arranged in order of net return per acre over costs Ai-B+C<-D. 1931, 1930, and 1929. Of the 1,638 farms of 20 acres or more. 111 were classed in Group A, farms i havine; their principal income from deciduous fruits (excludinp; figs). '^^The 1,6.58 farms above mentioned do not include certain of the larger corporation farms nor, exceot in a few instances, the lands which had passed into the hands of the District (about 10,000 acres at the time the survey was started. The total acreage of these 111 farms is 10,319|. The sample shown from these consists of 49 farms or nearly one-half of the total, and includes 2,812 acres of land. Of this sample, 38 farms, or 77.5 per cent, are on land ro.ted as Class I, and the remainder, 22.5 per cent, are on land rated as Class II. None of them is on Class III land. One hundred seventy-seven farms involving 10,125t acres were classified in Group B, farms chiefly devoted to figs. The sample from these includes 21 farms If/ with a total acreage of 1,246;' In the sample, 13 farms, or 62 ner cent, are on Class I land; 7, or 33 per cent, are on Class II land. The sample runs more strongly to Class I and Class II land than does the actual distribution of the fig plantings. '^'This grouD is the one least adequately represented. The survey came at a time when work was very active in the fig orchards, and for various reasons the taking of these records was considerably slowed up, so that it was incomplete ^^,hen the last of those in other groups were in. Rather than delay the summari- zation, the smaller sample was used. It is believed to be fairly representative of the conditions on these farms, though not as large as was planned. In Group C, dairy and alfalfa farms, 393 farms were classified, involving 24,034iJ acres. The sample dravm from those consists of 67 farms vith a total of 4,273 acres. Of these 25, or 37 per cent, are on Class I land;. 35, or 52 per cent, are on Class II land; the remaining 7 farms being on Class III land. Group D, farms devoted orimarily to vineyards, consisted of 283 farms vith a total acreage of 15,074. The sample dra-m consists in this case of 53 farms with a total of 4,104 acres. Of theso 36, or 68 per cent, are on Class I land: 15, or 28 per cent, are on Class IL land; and the remaining 2 are on Class III land. Group E, grain and general farms, consisted of 221 farms with a total of 18,882 acres. The sample drawn from these consists of 49 farms with a total of 6,070 acres. Of these 13, or 266- per cent, are on Class I land; 12, or 24|- per cent are on Class II land; while the bulk of them, 24, or 49 per cent, are on Class III land. The truck farm group, which is less homogeneous than the others, consisted of 279 farms with a total of 12,501 acres. From these a sample of 60 farms was secured consisting of a total of 4,452g- acres. Of these only 14, or 23 1/3 per cent, were on Class I land; the bulk of them, 35, or 53 l/3 per cent, were on Class II land; and 11, or 18 l/3 per cent, were on Class III land. Thirty-five of the farms were devoted chiefly to rice. These are practi- cally all on Class III land, so classified because of its limited adaptability for crops other than rice, and v;ere not sampled. A summarization of results from a considerable acreage of these lands is presented in the latter part of this section. The results from farms operated by several of the larger corporations are also presented separately. These are operated along quite different lines from those prevailing on the majority of the farms and involve large acreages. It was felt, therefore, that to include them with the others would be likely to confuse readers of the report. They are therefore separately summarized. For these corporation farms the records in most cases have been carefully kept by experi- enced bookkeepers. They thus represent a very accurate suirumry of the situation on these farms. The general situation shocm by them is much the same as that -CO- » shown for the farms covered m the survey. They have in most cases able and experienced management and fairly --veil settled operatinp; arrangements. They aoparently have some advantages in buying and selling,, which are partly, or ner- haps even wholly, offset, undtjr prusent conditions, by somewhat higher overhead. Of the costs sho-m the ones on .?hich differences of opinion are most likely bo arise are those involving family labor and depreciation. Family labor is ordinarily more valuable per hour when used for seasonal types of work. Thus dairy farms usually do not show as high a return per hour of labor put in as do cash crop farms, but, since they use labor so continuously through the year, they may yield a higher yearly income than do some of the farms which show a much higher ^er hour income at certain times. For these and various other reasons it is extrem.ely difficult to get a satisfactory basis for evaluating family labor. The rate per hour used may be somev/hat high for farms v/hich, like dairy farms, are heavy and continuous users of labor. If so, this tends to throw more of these farms into the losing group than should be there. This should not, how- ever, disturb in any marked extent relationships between years since the same orocedure is used for the records for each of the three years, but with a lower Der hour rate in 1931. It is also true that even though a farmer put in his time throughout the year there may not be productive work which would be hired for all of the time. On the other hand, the allowance for the full time of a farmer's own labor, which at the 1931 rate is figured at cj)780 for the year, does not aopear to allow more than a living wage at prices prevailing in 1931. It has, in fact, been criticized for being too lov as well as for being too high. It must be recognized that the income assigned to family labor plus any return over costs as shoim must cover not only such part of the farm family living as is not supplied by the farm but also interest which is paid on any funds borrov/ed, any interest return on depreci™ atinf< investment that may be necessary to cause it to be maintained, and any pay- ments that may be made in the form of District assessments. Nevertheless it is Drobably true that farmers will, in case of necessity, operate their farms for considerable lengths of time on lower returns for family labor than those indi- cated. There are certain contributions to the family living which come from the use of the farm home and from the use of supplies produced on the farms. These contributions are not as important in the Merced area as in sections vhere farmers more f?;enerally keeo cows, pif^s, and chickens and where a larger range of homo- grown foods is customarily raised. Depreciation for buildings and equiomeiit is based on values as of recent years. It is possible that replacement costs for these may be some./hat lower in the years iraraediately before us. Many of the farms are lacking in adequate build- ings, but it is not likely that new buildings will be added to any extent in the next few years. The major part of the depreciation charge shown is that on plant- ings of trees, vines, and alfalfa. The bases of computing depreciation on these -•.'ill be found in Appendix C. The valuations and depreciations figured on these have been put as nearly as possible in terms of present costs of replacement, and are in most cases lover than the actual expenditures if the plantings were put in in recent years. Possi- bly the costs of replacement and of new planting will decline somewhat further if price levels stay down. On the other hand, many of the older orchards were brought in on a one or two dollars per acre water charge, as they go out of pro- duction, renewal is likely to be on a more expensive basis than the original planting. ■"■'/hatever may oe the judgment of the individual reader of this report con- cerning these two elements of cost, there will be less disagreement concerning the relationships betveen the conditions in the different years sho-vn Since the procedure in handling these various cost f actc rs has been the same for all of the years, the following tables should afford a dependable picture of the changes in net earnings ^vhich have occurred over this three-year period. In order, how- ever, that the operating expense may be seen in its barest essentials the returns over costs for supplies, labor, and for county taxes are shown. Vfiiile it should not be assumed that these costs cover all expenses necessary for continuing pro- duction, the returns over these items show an earning situation in v/hich very substantial percentages of the farms are operating at a loss. Table VII Farms Growing Mainly Deciduous Fruit (Excluding Figs) in the Merced Irrigation District on the Three Classes of Land Arranged in Order of Gross Income per Acre, 1931, 1930, and 1929 1931 1930 1929 Sched- Gross Sched- Gross Sched- Gross ule acres income ule Acres income ule Acres income number per acre number per acre num.be r per acre ■ Lane 1 m bxas S X LCD ' 1 ft 9 c; Cji loo , C.0 1 9 c, 9n ' 9 /I Q In if^ftO . xu 1 n xu AR ^0 *9An An <^CVo . 'iU 19 9 nn 1 1 <? X XD 00 9 2 A ^P. CO^ . OD X OO An 1 RR XOO > / o 0 1 H9 xuo • OC 9 c,R Do ■^7 0 / 1 9n X9 Xt^vJ » OC 9 Rn OU 1 XX AR XOO • t:D TIC "1 9/1 1 ni XUX ,00 1 9 Q Xii 0 ft 9 117 7/ XX/ . 1^ lift X xd R c; 00 1X9 7A XOc . TOO o4: . o4 Q 'Z OO •Z A oU 11^ rr'z lib . 10 •7 0 X/l 04 1 90 7ft Xfiy . IK3 o C. oU A 1 loo yi n 4U 11c ^ c lib , ID 9 19 CLC c; 9 Oc Q ft Q X y b . 00 7 O OCO ^ rs 4U 1 o '? 0 'ZA lUb . ^b 1 ? 'Z loo bU oy . 0 / 0 c; Q O / ( i .y b o c Q A oU O'i . to y 0 XQ oy Q Q 9 1 00 , CL Q R y D ( 0 bo . ( o 9 19 li Xi c;9 Q/1 1 7 1 1 X X Att 40 RA 7Q 04 . /y OD b X . Ob y b 7Q ( O Q9 9 Oc . <C 0 OD Rft Ob R9 7X OC ,10 D X 0 O oU bU • y ( 9 'Z oco 77 Q □ / / . 00 i.O'i /I t; 40 7R 71 ( 0 . / X 9 19 c;9 bU . 4:0 Xob bo 7/1 9 c; /4 . 60 1 X R XOO ft t; bO ftO Rft by . Ob OO Ot) 00 . U^t OO Ob Dy . OO 1 9Q i^y 1 xn XOU AA A9 D4 ,4<i 1 n AQ %0 OO .'to 0 bb . 0 ( SX 00 xn OU c,7 Q 7 0 ( .y ( 9 i^Q (ooy Ob c^'Z 9 c; DO . c 0 1 c;a XO'i XQ 0 y c; 7 ft 7 0 / . D I iOD DO 1 7Q u X . / y XO o du ft 1 Q c; bx .y 0 9 c; ft i2 D O X 7 0 ( c; c; Oft 00 . Ob 9 OU • uu 1 '^9 XO c An ft 1 0^ bx . cO Q 0 An 4U c; c; nn DO . UU c 0 ?7 AR Q 1 n xw AP 'i 0 OO . XO 00 DO AR 1 R 40 . X 0 o o OD A'^ 9 1 1 '^A xo^ AR 'to t; 7 9 A 1 1 X X XO 1 Q xy A1 nn 4:X . UU DO A9 c^7 1 ^A xo^ oy 00 . 0 X 9nft <iub c; X 0 0 X7 RX Of. OO O O AD AT 17 ^ X • X / OO 00 t^n A OU . O'i 19 c; XcO 9n c u X 7 Rn Of. OU lO 1 AT An 7'^ y 0 <oO A 9 9 9 no (ouy 1 Q xy Xft ftX Ob . bo 1 XO xy AO A9 1 1 X X AH AiT ft 9 *£U • OCi X 9 X OcO An ^u xn xn OU . OU 11 48 40.62 95 49 39.73 12 98 29,73 66 49 34 .92 206 53 39 .57 93 23 28. 13 132 40 34.62 129 130 39.08 259 36 26.81 209 19 33.68 113 19 37.68 132 40 21.25 154 39 32.56 209 19 36.47 5 27 17.78 133 60 27,85 260 59 33 . 89 66 49 11 .63 129 130 25 . 15 12 98 25 .64 127 27 6.11 260 59 18.64 131 41 18.53 128 62 ** 12 98 11.22 66 49 10.20 96 78 ** 95 49 11 . 12 127 27 5 . 56 131 41 * * 127 27 B* o ^ 27 260 59 ** Lane m Clas S IX 2.65 41 63.73 265 41 77.56 4 133 60.90 i 57 68 51 .13 37 68 63.25 37 68 48 .44 I 295 22 49.05 214 56 62.23 1 382 47.12 i 28 43 42 .65 4 133 57.89 7 41 32.12 32 40 35.15 32 40 43.80 32 40 30.10 31 35 30.46 7 41 36.41 214 56 23.23 214 25 . 79 31 • J kJ 34 71 31 35 18 . 29 1 382 20.88 28 43 33.51 28 43 13.30 24 51 19.06 24 51 29 .20 265 41 3.66 7 41 18.88 1 382 18.25 24 51 0.00 4 133 17.53 295* 22 * * 295 22 ** Land in Clas. 3 III 0 0.00 0 0.00 0 0.00 Schedule members 60, 84, 91 and 130 of land in Class I, which are cash- rented farins, have not been included. * Rented for the year specified. Data inecmiplete - Table VIII Farms Growing Mainly Deciduous Fruit (Excluding Figs) in the Merced Irrigation District on the Three Classes of Land Arranged in Order of Cash Costs per Acre Other Than Labor and Taxes, 1931, 1930, and 1929 r 1931 1930 1929 Cash costs Cash costs Cash costs per acre Sched- per acre Sched- per acre u. 1© (1 r» Y* Q other than ule Acre s other than ule Acres other than nuiiiDe 1 labor and nuiTibe r labor and number labor and taxes taxes taxes La] -id in Cla ss I 20 ^66 . 85 1 125 20 <»51.70 2 80 §59 .71 "I 1 X J. 48 37 .06 153 40 45.00 125 20 37.95 0 RO 34.80 2 80 35.69 113 19 32.89 1 1 3 ± J. *J 19 33.11 113 19 31,05 153 40 32 .20 JL O 'J 40 31 .30 116 85 30.34 258 37 28.59 C\JiJ X %J 30.79 209 19 29 .79 95 39 27.90 9 30 .30 83 30 29 .70 3 34 25.76 % o 34 28 .50 258 37 28.38 136 65 25.57 136 u o 25 .22 3 34 24.44 209 19 25.47 O J 22 .28 11 48 21.65 154 39 22.59 DO 49 20 .00 95 49 21.59 11 48 19 .35 1 1 R 1 ?4 19 .65 136 65 21.06 116 85 18.25 oo 30 17.43 323 40 20.95 129 130 17.38 iCO 17 .42 154 39 20.18 93 23 16.26 36 o u 15 .92 134 45 19.89 83 30 15.47 OCO 15 .55 10 48 15.90 10 48 15.33 49 15.27 212 52 14.83 133 60 15.20 1 n iU t o 15 .55 66 49 13.18 8 40 12 .75 Icy Q O 14 * 50 129 130 13.18 212 52 11.48 13 .95 8 40 13.15 66 49 10.59 OO 13 . 75 259 36 12.69 134 45 10.98 XO (C 40 12 .90 96 78 11.13 132 40 10.45 52 12 .77 93 23 10.87 323 40 10,12 96 78 12.10 35 56 10.66 35 56 9,18 134 45 12,00 12 98 10.24 259 36 6.94 93 23 11.87 132 40 9,72 206 53 6 .04 131 41 10.56 133 60 9.30 127 27 5.63 1 0 Q R d o R RR 206 53 6.79 33 56 133 60 6.18 127 27 6.52 12 98 5.18 127 27 5.70 33 56 5 .07 260 2,96 206 53 5.62 131 41 3.27 5 27 0.59 33 56 5.07 260 59 2.96 131 41 0.34 260 59 4.24 , 5* 27 » * 128 62 ♦ * 5 27 2.00 128 62 ** 96 78 Lai id in Cla ss II 265 41 23.22 265 41 23.22 265 41 31.80 31 35 17.06 28 43 19.19 7 41 19.98 7 41 12.51 31 35 13.43 28 43 19 .65 32 40 12.05 37 68 11,63 4 133 17.77 4 133 10.87 7 41 9 .34 31 35 li.20 37 68 9 .68 4 133 9.10 214 56 8 .48 1 'Z QO OOC D . 1 1 214 56 8.52 1 382 7.71 214 56 6.46 24 51 8.43 32 40 7.40 28 43 4.95 32 40 7.88 37 68 7.10 24 51 3.24 1 382 6.87 24 51 3.24 295 22 ** 295* 22 * * 295* 22 * * Land in Cle ISS III 0 0.00 0 0.00 0 0.00 # Schedule numbers 60, 94, 91 and 130 of land in Class I, which are cash-rented farms, have not been included. * Rented for the year specified. ** Data incomplete. \ ■ J Farms Growing Mainly Deciduous Fruit (Excluding Figs) in the Ueroed Irrigation District on the Three Classes of Land Arranged in Order of Labor Costs per Acre, 1931, 1930, and 1929^ 1931 1930 1929 ocnea- ule no. a u o < Labor costs per acre Sched- ule no. CO Q> U O < Labor costs p.r acre Sched- ule no. n V Labor costs per acre Total Hired I Family Board Total Hired Family Board O < Total Hired Family Board Lar d in Class l' 110 1^4 *74.34 ♦68.06 1 6.29 10.00 116 85 *122.91 #110.06 $12.86 ♦o.oo 10 48 ♦97.42 ♦29.17 ♦68,25 ♦o.oo 153 40 70.38 55.75 14.62 0.00 113 19 89.05 31.58 57.47 0.00 113 19 91.68 34.21 57,47 0.00 113 19 70.00 28.95 41.05 0.00 10 48 83.87 15.62 68.25 0.00 63 30 76.97 4.17 72,80 0,00 128 62 65.81 53.23 12.58 0.00 83 30 82.80 10.00 72.80 0.00 116 85 76.67 63,82 12.65 0,00 10 48 64.38 15.62 48.75 0.00 125 20 70.50 25.00 45.50 0.00 153 40 74.97 54.50 20.47 0,00 83 30 62.00 AU •UU 0.00 153 40 64.59 44.12 20.47 0.00 258 37 67.86 23,59 44.27 0,00 125 20 52.50 20.00 32.50 0.00 134 45 64.29 19.80 44.49 0.00 125 30 61.75 16,25 45.50 0,00 258 37 48.92 17.30 0.00 258 37 64.00 19.73 44.27 0.00 136 65 60.40 10.00 50,40 0,00 323 40 47.75 25.00 22.75 0.00 209 19 59.32 13.68 43.11 2.55 3 34 56.97 24,85 32.12 0.00 3 34 45.00 22.06 22.94 0.00 136 65 58.86 8.46 50.40 0.00 93 23 56.47 9,00 47.47 0.00 209 19 43.84 10.53 30.79 2.53 154 39 56.92 10.26 46.66 0.00 209 19 55.53 10.53 43.11 1.89 136 65 43.54 7.54 36.00 0.00 323 40 56.85 25.00 31.85 0.00 127 27 53.93 0.00 53.93 0,00 96 78 42.72 32.72 10.00 0.00 206 53 55.56 3.77 51.51 0.28 212 52 52.65 21.15 31.50 0.00 212 52 42.69 20.19 22.50 0.00 212 52 55.54 24.04 31.50 0.00 134 45 52.62 8.13 44.49 0.00 95 49 42.04 21.43 13.27 7.35 93 23 55.38 7.91 47.47 0.00 206 53 52.36 0.57 51.51 0.28 133 60 42.00 33.33 8.67 0.00 127 27 53.93 0.00 53.93 0.00 154 39 51.79 5.13 46,66 0,00 134 45 41.82 10.04 31.78 0.00 3 34 51.97 19.85 32.12 0.00 66 49 49.12 23.16 22.29 3.67 2 80 41.61 41.61 0.00 0.00 2 80 49.42 49.42 0.00 0.00 95 39 46.67 14.10 23.34 9.23 35 56 41.61 23.04 18.57 0.00 95 49 48.38 22.45 18.58 7.35 2 80 45.48 45«48 0.00 0.00 93 23 41.09 1.43 96 78 47.23 33.23 14.00 0.00 8 40 37.92 10.62 27.30 0.00 154 39 39.74 6.41 33,33 0.00 132 40 46.63 12.50 34.13 0.00 133 60 37.14 25.00 12.14 0.00 206 53 39.34 £.00 36.74 0.00 133 60 45.47 33.33 12.14 0.00 35 56 36.71 10.71 26.00 0.00 127 27 38.52 0.00 38.52 0.00 66 49 44.02 18.06 22.29 3.67 132 40 35.38 1.25 34.13 0.00 66 49 37.65 18.06 15.92 3.67 35 56 43.86 17.86 26.00 0.00 129 130 34.79 17.99 16.80 0.00 8 40 29.50 iU .00 ly.ou 0.00 8 40 37.80 10.50 27.30 0.00 11 48 34. t8 6.25 28.43 0.00 152 40 29.38 5.00 24.38 0.00 11 48 37.80 9.37 28.43 0.00 131 41 33.70 7.07 26.63 0.00 11 48 28.65 8.33 20.31 0,00 131 41 34.68 8.05 26,63 0.00 325 40 31.85 0.00 31.85 0.00 129 130 28.36 16.36 12.00 0.00 129 130 34.53 17.73 16.80 0.00 259 36 30.56 30.56 0.00 0.00 259 36 27.94 27.94 0.00 0.00 259 36 30.97 30.97 0.00 0.00 33 56 28.43 8.95 19.50 0.00 151 41 27.56 8.54 19.02 0.00 33 56 28.43 8.93 19.50 0.00 5 27 20.89 20.89 0.00 0.00 S 27 24.96 24.96 0.00 0.00 12 98 22.98 11.84 11.14 0.00 260 59 18.51 0,00 18.51 0.00 SS 56 22.86 8.93 13.93 0.00 260 69 18.51 0.00 18.51 0.00 12 98 17.40 6,26 11.14 0.00 260 59 13.22 0.00 13.22 0.00 128 62 ** • * 128 62 ** * * 12 98 11.80 3.84 7.96 0.00 5» 27 » * • * 96 78 ** ** ** Lai id in Class I I 31 35 52.89 15.74 37.14 0.00 31 35 80.60 26.89 52.00 1.71 31 35 65.11 13.11 52.00 0.00 28 43 47.91 11.63 36.28 0.00 214 56 64.95 45.45 19.50 0.00 7 41 57.71 0.00 57.71 0,00 214 56 42.71 28.79 13.93 0,00 28 43 64.74 13.95 50.79 0.00 32 40 54.60 0.00 54.60 0.00 32 40 42.50 3.50 39.00 0.00 7 41 63.20 5.49 57.71 0.00 28 43 50.79 0.00 50.79 0.00 7 41 41.83 0.61 41.22 0.00 32 40 59.10 4.50 54.60 0.00 214 56 50.21 30.71 19.50 0.00 265 41 37.76 18.73 19.02 0.00 265 41 46.39 19.76 26.63 0.00 265 41 37.61 10.98 26.63 0.00 37 68 31.03 15.00 13.38 0.00 4 133 38.49 37.12 1.37 0.00 57 68 27.85 9.12 18.73 0.00 4 133 28.03 27.05 0.98 0.00 37 68 33.73 15.00 18.73 0.00 1 382 22.25 22.25 0.00 0.00 24 51 22.00 19.43 2.55 0.00 1 382 22.25 22.25 0.00 0.00 24 51 20.24 16.67 3,57 0.00 1 382 21.75 21.75 0.00 0.00 24 51 20.20 16.63 3.57 0.00 295* 22 • • * * • • 295 22 • * ♦ » ** *• 295* 22 *• • * *» ** 4 133 ** »* *• Ui id in Class I ri 0 0.00 0.00 0.00 0.00 0 0.00 0.00 0.00 0.00 0 0.00 0.00 0.00 0.00 Rented for the year specified. Data incomplete. Schedule numbers 60, 84, 91, and 130, Land in Class I, which are cash-rented farms, have not been included. [ I I i I i i r i Table X ?-.rjiis Growing Mainly Deciduous Fruit (Excluding Figs) in the Merced Irrigation District on the Three Classes of Land Arranged in Order of Costs A-^B-C-D per Acre, 1931, 1930, and 1929 1931 1930 1929 Sched- ' j Costs 1 Sched- 1 1 Costs Sched- Co sts ule 1 Acres A*3^C-D ule 1 Acres ArB-C^-D ule Acres A-^B-^C'^D number per acre 1 number ■oer acre number i per acre 1 Land in Class I , Cf u 116 85 5^176.13 113 19 ;?150.99 113 19 129.84 83 30 147.70 10 48 132.69 153 40 116.62 113 19 147.31 258 37 124.75 o o 1 14 . 80 125 20 144.60 83 30 122.97 1 xo X t. *± 1 1 n 40 J. d-KJ * 153 40 126.12 153 40 121.75 O ( 10 48 123.25 125 20 121,30 o 1 03 0? 258 37 120.40 2 80 120.80 to 1 09 R'4 209 19 116.95 116 85 118.67 X*7 102 . 74 3 34 106.00 3 34 112.38 J. Cj {J 62 97.31 2 80 103.82 209 19 108.42 1 T -L X 48 9 7. 10 136 65 97.97 136 65 104.20 9 X i> u 80 65 40 94.98 8 7 . 09 84 .90 323 212 134 !^ 52 45 96.08 -1 Rl JO .ox 92.90 92.00 95 154 '^1 39 39 52 23 93.46 83.45 86 02 81.17 39 79 . 58 11 48 89.93 11 48 80.70 ?1 ? 52 78 . 15 95 49 85.45 206 53 72,04 o o 72 .96 127 27 79.52 134 45 71.53 49 7? 206 53 75.98 127 27 70.30 f (J IX* XcJ 93 23 74.73 129 130 69.19 u u 49 69 73 96 78 74.57 66 49 69.06 36 67.03 35 56 72.66 8 40 67.35 1 27 X C ( 27 63.96 132 40 70.80 323 40 67.32 45 63 91 133 60 69.19 133 60 66.57 62 .61 66 49 69.04 35 56 64.05 133 60 62 .48 8 40 67.50 132 40 63.30 129 130 62 .33 259 36 66.97 259 36 60.78 132 40 59 .87 129 130 66.52 5 27 51.15 8 40 59.65 131 41 47.63 33 56 44.64 "SR 79 33 56 46.05 131 41 43.48 5 27 56.44 12 38 39.94 260 59 35,80 131 41 49.97 260 59 35.68 12 98 28.99 33 56 40.50 60* 29 16.38 60* 29 17.03 cow "^1 97 84* 19 16.26 84* 19 16.10 Qfi 9 R AT 130* • 49 12.41 1 30* X (J W ^ 49 12 .36 An* ID . O X 91* 79 9.06 >7 X ' 79 7.31 1 R 9R 5* 27 3.08 Sf .It AQ 19 J.1 12 8 62 ** 78 Q 1 * 11 ^R XX . OO Land in Class II 31 35 81.57 31 35 105.63 7 41 91.39 265 41 80.66 265 41 101.73 31 35 89,72 295 22 70.64 28 43 96.37 265 41 83.41 7 41 68.37 214 56 89 . 84 28 43 82 .91 28 43 67.47 7 41 86.56 32 40 74.55 32 40 67.20 32 40 79.92 214 56 7^ R7 214 56 66,00 4 133 7:^.25 4 133 73.15 4 133 63.14 37 68 65.67 37 68 54.86 37 68 61.07 24 ol 42.63 1 382 42 .33 1 1 382 46.58 1 3 32 41.61 24 51 28.90 24 i 51 i 38.92 295* 22 6.82 29 5* 22 ifif. Land in Cla ss III 0 L 0.00 1 1 0 0.00 0 0.00 * Rented farms. ** D8.ta incomplete. Table XI Farms GroAvias; Mainly Deciduous Fruit (Excluding Figs) in the Merced Irrigation District on tiie Three Classes of Land Arranged in Order of Net Return per Acre Over Cost s A-t-B. 1931, 1930, and 1929 1931 Sched- ule number 3 153 5 125 259 33 323 96 91* 116 60* 212 35 131 130* 128 84* 260 2 134 8 206 93 258 132 12 136 129 83 133 66 11 10 154 127 209 95 113 37 265 24- 1 28 32 4 214 29 5 7 31 Acres 34 40 27 20 33 56 40 78 79 124 29 52 56 41 49 62 19 59 80 45 40 53 23 37 40 98 65 130 30 60 49 48 48 39 27 19 49 19 41 51 382 43 40 133 56 22 41 35 Net return per acre over costs A+B 0 ;;532 .32 20.32 19.00 18,90 18.00 15,28 12.88 8.93 8.86 7.36 6.38 5.02 2.68 2.61 1.94 1.61 1.42 1.18 0.00 -0.95 -2.28 -2,39 -2.96 -7.27 -7.66 -9.45 -16.97 -17.71 -18,46 -20.33 -22.73 -25.09 -26.04 -29.47 -36.07 -40.95 -46.19 -62.69 10.42 2.75 -6.18 -7.58 -10.21 -19,40 -21.37 -23.39 -26 05 -35.46 -39,48 1930 Sched- ule nuTiiber Acres Net return per acre over costs A4-B 0.00 Land in Class I 125 116 258 3 60* J 6 259 33 8 91* 35 212 260 133 153 132 83 130* 323 2 136 12 129 84* 11 131 93 206 154 134 95 10 66 209 127 113 5* 128 20 85 37 34 29 78 36 56 40 79 56 52 59 60 40 40 30 49 40 80 65 98 130 19 48 41 23 53 39 45 49 48 49 19 27 19 27 62 $pl25.90 81.31 27,94 30.34 24.14 23.89 19 .58 17.04 15.42 15.19 15.03 13.80 12.41 7.18 6.15 4.90 4.23 2.41 0.08 -0.32 -6.67 -7.58 -8.63 -13.16 -18.83 -19.42 -21.04 -22,79 -23.59 -26.94 -30,23 -41,62 -47.01 -52.64 -54.89 -82.42 ** 1929 Land in Class II 295* 37 4 24 265 1 214 32 7 28 31 22 68 133 51 41 382 56 40 41 43 35 49 .05 17.89 10.30 0,57 -4.25 -10.87 -11.23 ■23.18 -36.13 -50.42 ■59.32 Land in Class III Sched- ule number 0.00 10 153 3 116 133 35 212 11 2 60^ 84* 134 95 91* 129 33 130* 12 8 5 259 323 136 154 206 132 83 258 209 93 66 127 125 113 131 96 260 128 Acres 1 37 4 24 32 214 7 28 31 265 29 5* 48 40 34 85 60 56 52 48 80 29 19 45 39 79 130 56 49 98 40 27 36 40 65 39 53 40 30 37 19 23 49 27 20 19 41 78 59 62 382 68 133 51 40 56 41 43 35 41 22 Net return oer acre over costs K:-3 ;ifl27.65 78.58 47.02 37.82 37.23 36.84 32.69 30.75 28.26 24.14 21.05 15.11 13.64 12.66 12.25 11.60 7.37 7.15 4.32 -3,70 -10.69 -11.58 -16,11 -16.71 -20.87 -24,58 -34.46 -40.60 -44.37 -44.60 -48.09 -53.45 -62.20 -85.58 ** 17.16 13.49 9.08 ■23.47 ■31.90 -35.46 -45.57 -57.14 -60.03 -65.75 0.00 * Rented farms. ** Data incomplete Table XII Farms Growing Mainly Deciduous B'ruit (Excludinf;; Figs) in the Merced Irrigation District on the Three Classes of Land Arranged in Order of Net i^etum per Acre Over Costs A-B-C^D, 1931, 1930, and 1929 1931 1930 l.>29 Sched Net return Sched- ' Net return Sched- ■ Net return ■ ule Acres oer acre ule Acres per acre - ule Acres per acre nunibe r over costs numbe r over costs number over costs .i-.-B-i-C^D A-!-B-C-^D L and in Class I 153 40 ^ 5.38 125 20 *103.50 10 48 vl07.71 3 34 2.80 116 85 58.43 153 40 64.00 33 56 2.71 60* 29 7.76 133 60 23.00 91* 79 -2.49 96 78 7.68 35 55 18.68 125 20 -5.05 91* 79 6.13 3 34 17.38 259 36 -5.17 33 56 4.49 116 85 14.07 96 78 -7.37 3 34 0.76 2 80 12.65 323 40 -8.72 258 37 -0.08 212 52 10.81 116 124 -9.05 8 40 -1.13 134 45 7.18 131 41 -9.24 260 59 -1.79 91* 79 5.35 60* 29 -9.41 35 56 -3.11 84* 19 4.95 130* 49 -9.76 259 36 -3.72 60 •> 29 4.11 5 27 -10.48 133 60 -7.24 11 48 4.09 134 45 -11.04 212 52 -8.73 12 98 0.74 93 23 -12.61 130* 49 -9.49 33 56 0.54 260 59 -12.63 132 40 -9.55 130* 49 -4.53 84* 19 -14.53 153 40 -10.37 129 130 -4.77 35 56 -14.92 12 98 -14.30 95 39 -5.25 8 40 -15.80 84* 19 -16.26 8 40 -12.35 206 53 -16.15 323 40 -18.20 154 39 -30.78 12 98 -17.19 2 80 -19.04 5 27 -33.37 212 52 -17.67 136 65 -23.72 259 36 -33.97 2 80 -18.56 129 130 -27.24 136 65 -34.34 132 40 -25.25 131 41 -29.10 206 53 -34.51 133 60 -34.63 93 23 -29 .51 323 40 -37.02 66 49 -34.81 83 30 -30.97 132 40 -42.05 136 65 -35.30 134 45 -34.76 93 23 -53.04 258 37 -35.59 206 53 -36.41 66 49 -57.43 129 130 -38.18 154 39 -40.30 127 27 -34.19 154 39 -47.02 95 49 -45.72 83 30 -65.00 10 48 -49.35 11 48 -49.31 258 37 -68.89 Q'Z 36 60 -56 . 00 66 49 -58 . 84 209 19 -71 . 79 127 27 -55.81 10 48 -65.10 125 20 -83.80 11 48 -56.48 127 27 -73.96 113 19 -109,99 95 49 -61.53 209 19 -80.48 131 41 209 19 -69.05 113 19 -109.63 260 59 113 19 -89.42 5* 27 96 78 128 62 ** 128 62 ** 128 62 * * La nd in C - Uass II 37 68 -9.94 295* 22 42.23 1 382 4.79 COO t: J. 0 / 0 o 0 f D o — o . rtc 24 51 -19.86 24 51 -13.43 4 133 -12.25 28 43 -24.82 4 133 -14.36 24 51 -28.90 1 382 -25.70 1 382 -23.36 32 40 -44.45 32 40 -32.05 265 41 -24.17 214 55 -50.64 o o <ic ■ZD /"A -o2 . 64 <d 14 56 -2 7.61 A t 41 -59 .27 214 56 -40.21 32 40 -36.12 .1 43 -69.61 4 133 -45.61 7 41 -50.15 31 35 -71.45 7 41 -49.49 28 43 -62.86 265 41 -79.75 31 35 -51.11 31 35 -70.92 295* 22 ** Lai id in C Uass III 0 0.00 0 0.00 0 0.00 * Rented farms . *v Data incomplete. Table XIII Fig Farms in the Merced Irrigation District on the Three Classes of Land Arranged in Order of Gross Income per Acre for 1931, 1930, and 1929* 1931 1930 1 1929 ■ Sched- Gross Sched- : 1 Gross Sched- Gross ule Acres income ule ; Acres income ule Acres income number per acre number _ per acre number per acre t Lane 1 i in Class I 325 18 $213 .33 325 18 $184.17 18 $191.67 14 20 109 . 75 14 20 132.25 bl 50 161.32 25 148 57.78 61 50 124.00 14 20 132 . 75 23 45 41.44 18 19 103.05 16 20 107.55 61 50 34.20 16 20 97.30 18 19 94.74 21 58 31.53 23 45 44.11 25 148 77.72 22 39 30.13 c c 39 43.21 22 39 46. 15 135 41 24.07 25 148 42.40 23 45 44.89 63 53 23.51 21 58 32.90 21 58 25.62 17 58 22.78 63 53 26.70 135 41 17.63 16 20 22.65 135 41 15.68 63 53 15.32 18 19 7.11 17 58 4.22 1 f 58 8.26 • Lant i in Class II 20 49 60.61 19 30 88.33 19 30 108.33 19 30 58.33 223 281 1 63.46 223 281 96 .44 223 281 46.02 310' 61 43.85 310 61 74.90 310 61 33.26 312 159 26.20 15 20 20.00 15 20 25.30 15 20 23.25 312 159 ** 312 159 11.98 20 49 22.45 20 49 Land in Class III 0 0.00 0 ' 0.00 J 0 0.00 * Schedule numbers 285, 62, and 289 which are cash-rented farms have not been included. ** Data incomplete. -10- ii% U*? baa Table XIV Fig Farms in the Merced Irrigation District on the Three Classes of Land Arranged in Order of Cash Costs per Acre, Other Than Labor and Taxes, for 1931, 1930- and 1929* 1931 Sched- ule number 14 61 16 23 22 18 25 17 21 135 325 63 15 19 310 312 223 20 Acres 20 50 20 45 39 19 148 58 58 41 18 53 20 30 61 159 281 49 Cash costs other than labor and taxes $38.65 21.46 10.10 8.51 7.85 7.68 5.97 3.00 2.07 1.90 0.50 0.00 27.85 18.77 14.92 10.97 9.43 2.41 0.00 1930 Sched- ule number Acres Cash costs other than labor and taxes Land in Class I 61 14 25 16 18 22 21 23 135 325 17 63 50 20 148 20 19 39 58 45 41 18 58 53 136.32 29.25 15.36 11.45 10.32 10.26 9.14 4.40 3.90 3.44 1.86 0.00 Land in Class II 310 15 312 19 223 20 61 20 159 30 281 49 33.69 27.85 19.90 16.60 9.11 1.43 Land in Class III 0.00 Sched- ule number 14 61 18 22 16 25 21 23 135 17 325 63 15 310 19 223 20 312 1929 Acres 20 50 19 39 20 148 58 45 41 58 18 53 20 61 30 281 49 159 Cash costs other than labor and taxes ;*41.45 31.70 10.32 10.26 10.10 9 .47 7.41 4.38 2.46 1.81 0.50 0.00 41.90 36.51 16.77 7.16 1.43 ** 0.00 * Schedule numbers 285, 62 and 289, which are cash-rented farms, have not been included in this table. *v Data incomplete, -7/- t * 1 i 1 j i i t \ I i i I i i I i Tatle XV Fig Farms in the Merced Irrigation Listrici- on the Three Classes of Land Arranged in Order of Lahor Costs per Acre for 1951, 1950, and 1929* 1931 1930 1929 r ! Sched- 1 Lahor costs ner acre Sched- ule no. Acr e s Labor costs per acre ul6 no. Acres Labor costs per ac r e ule no. 1 _ . -1 1 Total Hired Fami ly Boar d Total Hired Board i u ua X llXl cu Fami 1 J board Land i n Class I 325 18 $71.17 $58.50 $12.67 0.00 61 50 I 143.74 $143.74 0.00 0.00 61 50 f 110.96 110. 96 0.00 0.00 61 50 59.14 59.14 0.00 0.00 18 19 141.52 127.16 14.36 0.00 18 19 73.71 59.21 14,50 0.00 22 39 45.31 8.64 36.67 0.00 16 20 84.16 16. 4C 40.95 0.00 325 18 67.18 49.21 17.74 0.00 t. o 41 . 33 a til 64 • b / V • UU 325 18 ^4. 19 17 74. O OO 22 39 56 . 00 0.00 56.00 0.00 25 148 34 . 24 1 A O / 04 • CH: V 0 UU y) • W 22 39 oc . yjyj n or O OO 23 45 54.65 6.11 48.54 0.00 18 19 31.32 in 0 U • ' 23 45 n OO 16 20 51 .40 10.45 40.95 0.00 16 20 30 . 10 . OO . CO o on 14 20 9^ "^n 0 OO 25 148 36 . 20 36 . 20 0.00 0.00 17 58 J. y • U D n no U • V ■ 25 148 99 ■^1 ?? 0 00 V • \J\J 0 .00 17 58 31.51 4.84 26.67 0.00 14 20 24. 95 17.15 7.80 0.00 17 58 29.51 1.66 26.67 n.nc 14 20 27.42 16.50 10.92 0.00 63 53 9.66 9.66 0.00 0.00 63 53 21.89 21 . 89 r\ r\r\ 0 . 00 ( ? , 1 H ■ 135 41 XO mOO 1 O . OO o.oc 0.00 135 41 7.32 7.32 0.00 0.00 135 41 15.90 15.90 0.00 0.00 21 58 11.21 11.21 0.00 0.00 21 58 6 . 55 6.55 0.00 0.00 21 58 11.21 11.21 0.00 0.00 63 53 10. lb 10. lb 0.00 0.00 Land in C la s s 11 15 20 66.00 48.25 8.75 9.00 15 20 70.75 49.50 12.25 9.00 19 30 62 . 17 16.67 45. 50 0 . 00 19 30 47.50 15.00 32.50 0.00 19 30 62.17 16.67 45.50 0.00 15 20 61.25 49.00 12.25 0.00 223 281 45.42 45.42 0.00 0.00 223 281 37.90 57.90 0.00 0.00 223 281 51.91 51.91 0.00 0.00 20 49 27.63 11.71 15.92 0.00 20 49 32 .09 9.80 22.29 0.00 310 61 25.26 25.26 0.00 0.00 310 61 12.93 12.93 0.00 0.00 310 61 27.82 27.83 O.OO 0.00 20 49 20.41 20.41 0.00 0.00 312 159 8.54 8.54 0.00 0.00 312 159 24.46 24.46 0.00 0.00 312 159 ** ** ** Land in Clas s III 0 0.00 0.00 0.00 0.00 0 0.00 0.00 0.00 0.00 0 0.00 0.00 0.00 0.00 * Schedule numbers 285 of land in Class I, 62 of land in Class II, and 289 of land in Class III, vAich are cash-rented farms, have not been included in this table. ** Data incomplete. Table XVI Fig Farrr.s in the Mex'ced Irrigation District on the Three Classes of Land Arranged in Order of Costs A-'3*C~D per Acre for the Yearn 1951, 1^:130, and 1929 1931 1 1930 1929 t Sched- Costs Sched- 1 Costs bCiieu"' Costs ule Acre s A-^B*C*D ule 1 Acres A+B^-C'-D Ul6 j Acres A-rS^Ci-D number per acre number j oer acre liUIIlUo L ! per acre ^ i t 1 j I j Land in Class I 14 20 ;;^113.05 18 1 19 .J190.78 18 19 ^122 . 56 135 41 91.63 16 20 111.65 16 20 104.50 16 20 83.00 14 20 111.02 14 20 100.92 18 19 82.89 135 41 102.68 135 '11 lUO . Ot 23 45 67.53 63 53 99.03 22 39 78.62 22 39 65.74 22 39 78.69 23 45 75.87 1 25 DO . DO 23 45 76.37 25 148 69.33 17 Oo D J. . \JO 25 148 70.64 17 58 63.25 63 00 17 58 60.79 9 ^ 58 34.98 21 Ob 21 58 36.93 30 20 . 79 285* OU 285* 30 21.16 p. X 0 0 53 15.07 325 lo 325 18 %9'^^ 0.0O 18 61 50 ** 61 50 D X 50 Land in Class II 15 20 134.75 15 20 136.05 15 20 125.75 19 30 101.33 19 30 109 .60 19 30 110.37 223 281 87.84 223 281 80.10 223 CO X. 20 49 54.90 310 61 I 77.33 310 61 77.41 310 61 43.46 20 49 i o8.39 j 20 49 26.14 62* 29 28.59 ' 312 159 ! o3.43 I 62* 29 11.00 312 159 28.57 ■ 62* 29 1 24.24 312 159 ♦ * Land in Class III 289* 18 1 3.11 289* ! 18 4- 7.44 289* 18 8.00 * Rented farms . *f Data incomplete. -73 1 I i Table XVII Fie; Farms in the Merced Irrigation District on the Three Classes of Land Arranged in Order of Is^et Return per Acre Over Costs a-B for the Years 1931. 1930, and 1929 1931 Sched- ule numbe r 325 14 21 25 135 285* 63 17 23 16 22 18 61 20 62* 310 312 19 223 15 Acres 289* 18 20 58 148 41 30 53 58 45 20 39 19 50 49 29 61 159 50 281 20 Net return per acre over costs A-B 18 «;141.66 46.15 22.91 17.92 14.85 14.76 13.85 -7.69 -8.40 -17.55 -23.02 -31.89 -46.30 30.57 7.58 5.41 -7.53 -7.94 -8.83 -68.55 19^0 Sched- ule number 4.33 325 14 285* 16 21 63 135 25 23 22 17 18 61 Acres Net return per acre over costs A^-B Land in Class I 223 19 62* 20 310 312 15 18 20 30 20 58 53 41 143 45 39 58 19 50 ^108.27 70.78 28.80 28.50 12.56 4.81 -3.88 -4.19 -14.94 -23.05 -25.97 -48.79 -56.06 Land in Class II 231 30 29 49 61 159 20 16.45 9.56 -0.18 -11.06 -17.66 -18.16 -75.35 Land in Class III Sched- ule numbe r 289* I 13 9.78 325 14 16 25 61 285* 18 21 63 135 23 22 17 223 19 310 62* 20 15 312 1929 Acres 289* 18 20 20 148 50 30 19 58 53 41 45 39 58 281 30 61 29 49 20 159 Net return per acre over costs A<-B 18 Hiil23.99 63.88 46.05 32.04 18.66 11.13 8.10 7.00 4.57 -3.47 -14.14 -20.11 -25.07 37.37 29.40 13.13 -2.06 -37.76 -92.15 6.78 * Rented farms. Data incomplete. 7f- Table XVIII Fig Farms in the Merced Irrigation District on the Three Classes of Land A.rranged in Order of Net Return per Acre Over Costs A-^B+C-D for the years 1931, 1J30, and 1929 1931 1930 1929 Sched- ule numbe r I Acres Net return per acre over costs u J.P <.n Sched- ule nuj Tiber ■ Acres Met return per acre over costs ^^^-B^-C^D Sched- ule numbe r Acres Net return per acre O V C I OU t) A^-3*-C^-D Ls md in C lass I 325 18 jpll3.27 325 18 i^f 78 . 82 325 18 ^fir0.71 21 58 7.26 14 20 21.23 14 20 28.83 14 20 -3.30 285* 30 7.64 25 148 8.39 285=*- 30 -5.43 21 58 -4.03 16 20 3.05 25 148 -5.88 16 20 -14.35 63 53 0.25 63 53 -7.77 25 148 -28.24 285* 30 -9.60 23 45 -26.09 23 45 -32 .20 21 58 -19 .36 22 39 -35.61 22 39 -35.49 18 19 -27.78 17 58 -38.25 17 58 -56.57 23 45 -31.00 16 20 -60.35 63 53 -72.33 22 39 -32.47 135 41 -67.56 135 41 -87.00 17 58 -54.99 18 19 -75.78 18 19 -87.73 135 41 -85.99 61 50 ** 61 Ls 50 md in C lass II 61 50 * * 20 49 5.71 223 281 -16.64 223 281 6.95 310 61 -10.20 19 30 -21.27 19 30 -2.04 312 159 -16.59 62* 29 -23.21 310 61 -2.51 62* 29 -19.80 312 159 -27.23 62* 29 -11.00 223 281 -41.82 310 61 -33.48 20 49 -32.78 19 30 -43.00 20 49 -35.94 15 20 -105.75 15 20 -109.45 15 20 -112.80 312 159 ¥ » Land in Class III 289* 18 -3.78 289* i 18 1 _ 2.34 289* 18 1.22 * Rented farms . 1 II. 1 ** Data incomplete. Dairy Farms in the Merced Irrigation District on the Three Classes of Land Arranged in Order of Gross Income per Acre, 1931, 1930, and 192^ 1931 1930 1929 Schedule Acres Gross income Schedule Acres Gross income Schedule Acres Gross income number per acre number per aore number per acre Land i n Class I llev' 25 JllO.57 118^ 25 1165.26 39 $136.87 169 19 93.52 169 19 109.15 llSv 23 122.74 171 o*7 Oh? . 1 o CC\3 9U .OX 169 19 111.21 226 57 56.28 105 181 63.91 50 41 84.29 249 29 48.65 171 59 63.71 226 57 59.84 256 38 47.89 254 61 56.34 65 54 51.49 234 61 45.98 30 41 55.49 176 77 49.39 105 181 43.44 256 58 47.36 271 39 48,07 258 58 41.99 271 59 47.33 105 181 47.62 195 67 38.10 9 58 40.01 9 58 43.22 50 41 36.51 65 54 59.88 258 58 59.05 65 54 30.67 258 38 58.36 234 61 57,61 9 58 29.27 195 67 34.20 195 67 56.63 271 39 28.23 176 77 27.35 187 42 34.86 313 51 26.27 513 51 26.76 513 51 27.39 172 20 21.50 98 79 26.55 256 38 26.51 187 42 19.31 267 59 24.51 227 39 25.28 98 79 17.29 172 20 24.00 98 79 25.15 227 39 14.69 227 39 21.02 267 59 23.46 267 59 14.51 249 29 20.61 172 20 19.00 176 77 13.87 187 42 20.02 97 60 15.83 97 60 10.38 97 60 16.11 188 20 0.00 188 20 7.00 188 20 5.35 249 29 *• LATifl in fl ftRfl T T \j ^ \J £j 53 20 61 .95 46 59 72 .96 228 39 155.12 38 23 50.00 53 20 72 . 25 46 59 87.38 j 46 59 45.08 58 23 62.78 58 23 78.50 137 59 37.76 54 24 57.12 55 20 69.75 182 24 37.50 228 39 52.30 137 59 41.55 74 44 33.18 182 24 51.37 29 78 40.89 235 58 33.13 232 84 49.05 106 24 40.75 48 85 31.76 255 38 47,32 235 38 40.26 54 24 30.79 106 24 44.96 54 24 59.16 252 84 29.39 137 39 39.66 232 64 58.99 29 78 27,82 74 44 37.68 43 66 56.56 233 93 26.87 233 93 56.11 253 93 34.24 228 39 26.58 266 40 29.90 94 80 33.23 144 49 23.28 43 66 29.21 45 107 32.65 266 40 22.65 165 54 26.55 274 568 28.95 248 97 22.63 248 97 26.01 80 , 39 27.56 274 368 21.62 144 49 25.81 22^ 75 26.66 166 54 20.44 94 80 25.56 146 87 21.16 194 39 20.25 45 107 25.12 48 85 19.69 106 24 18.95 274 368 24.60 41 85 18.69 202 46 18.50 80 59 24.51 39 295 18.63 225 75 17.53 48 85 25.50 248 97 17.86 250 60 16.79 239 32 22.47 250 60 17.06 43 66 15.62 29 78 22.55 74 44 16.47 146 87 15.57 202 52 20.28 177 145 13.97 41 85 14.20 41 83 18.71 165 54 13.35 80 59 12.35 250 60 16.58 239 52 9.58 177 145 10.74 146 87 14.80 144 49 8.73 45 107 10.44 39 293 12.88 182 24 6.41 94 80 9.11 177 146 10.68 266 40 ** 59 295 8.C5 225 75 1.5S 194 39 239* * * 194 59 ** 202 ♦* Land in Class III 4d§^ 40 40.50 40 47.05 4d^ 40 61.05 99 59 17.36 175 103 33.09 173 105 49.15 47 174 16.79 99 59 16.95 47 174 22.45 175 105 14.52 47 174 14.23 100 50 0.00 42 59 2.56 100 50 0.00 99 59 •* 100 50 0.00 42 59 42 59 ♦ » N^Schedule numbers 231 and 302 of land in Class I, 44,224 and 229 of land in Class II, and 101 of land in Class III, -which are cash-rented farms, have not been included. ^^^Income from -work off the farm constituted a lju-ge part of the gross income of schedule numbers 118 and 40 for the three years and for schedule number 225 for 1929. » Rented for the year specified. ♦ • Dj^ta incomplete. Dairy Farms in the Merced Irrigation District on the Three Classes of Land Arran^d in Order of Cash Costs per Aore Other Than Labor and Taxes, 1931, 1930, and 1929^ 1931 1930 192 9 Schedule Cash costs per Schedule Cash costs per Schedule Cash costs per number Acres acre other than number Acres aore other than number Acres acre other than labor and taxes labor and taxes labor and taxes - Land in Class I loy 1 Q 4ao AO 169 19 $58.84 169 19 154.21 ceo 0 ( CO • CI 249 29 48.93 226 57 40.97 249 29 22.41 118 23 31.96 187 42 27.60 258 38 21.03 313 51 21.57 9 58 22.36 105 181 19.62 271 39 21.21 236 38 21.18 97 60 15.42 226 57 19.79 176 77 20.31 195 67 14.94 30 41 19.32 SO 41 19.12 234 61 14.85 105 181 18.34 118 23 18.52 227 39 14.54 234 61 15.39 105 181 17. 72 171 39 14.26 227 39 11.54 234 61 15.13 30 41 13.20 65 34 9.26 227 39 12.18 65 34 12.88 171 39 9.15 65 34 10.85 313 51 11.90 187 42 8.00 313 51 9.41 9 58 11.31 195 67 7.63 188 20 7.80 271 39 11.15 267 59 7.61 238 39 7.39 187 42 9.29 9 58 6.85 171 39 6.85 118 23 8.70 172 20 6.15 195 67 6.33 176 77 7.56 97 60 5.88 97 60 5.92 172 20 7.05 176 77 5.86 267 59 4. 92 267 59 6.34 238 38 5.71 172 20 3.80 188 20 4.20 236 38 5.59 271 39 3.05 236 38 4.08 188 20 4.25 98 79 1.52 98 79 2.33 98 79 1.52 249 29 • * Land in Class II £o 'to • DC 38 23 41.22 182 24 62.92 cv ^7 PA 46 59 27.20 228 39 32.51 10/ ov 28.41 137 39 25.41 137 39 25.18 78 23.36 182 24 21.50 38 23 20.48 ceo 40 20.55 144 49 19.94 46 59 19.75 54 24 19.29 239 32 18.16 144 49 17.04 46 59 19.05 266 40 17.88 239 32 9.69 182 24 18.96 235 36 14.76 54 24 9.67 106 24 15.92 106 24 13.25 41 83 8.56 202 4d 16.15 74 44 12.30 146 87 8.24 144 't9 13.71 228 39 10.59 233 93 8.25 53 20 12.80 41 83 10.53 53 20 8.10 228 39 11.54 233 93 9.30 106 24 7.08 48 85 10.81 177 145 8.23 177 145 7.04 235 38 10.55 53 20 8.15 250 60 e^7 233 93 9.73 54 24 7.00 74 44 6.48 177 145 9.56 250 60 6.40 252 84 6.19 74 44 8.70 165 54 6.37 43 66 5.80 165 54 8.20 29 78 5.18 165 54 5.41 232 84 7.26 232 84 4.94 59 293 5.25 41 83 7.07 45 107 4.88 29 78 5.21 250 60 7.02 146 87 4.06 45 107 4.86 94 80 5.66 48 85 4.06 235 58 4.57 43 66 5.61 39 293 4.00 274 368 4. 27 45 107 5.23 202 32 3.94 48 85 5.89 225 75 4.63 274 368 3.87 225 75 3.00 274 368 4.33 94 80 3.7E 94 80 2.80 146 87 2.91 43 66 3.11 80 39 0.90 39 293 2.84 225 75 2.44 248 97 0.71 80 39 1.79 248 97 2.10 194 59 «• 248 97 1.38 80 39 0.90 266 40 «« 239» 32 • » 194 39 202 40 «« Land in Class III 40 40 11.00 40 40 9.88 40 40 81.60 47 174 9.55 173 103 9.06 47 174 12.22 99 39 8.46 99 39 7,28 173 103 3.51 173 103 2.46 47 174 5.50 100 30 0.00 42 39 0.00 100 50 0.00 42 39 «* 100 50 0.00 42 39 *« 99 39 • » Schedule numbers 231 and 302 of land in Class I, 229, 224, and 44 of land in Class II, and 101 of land in Class III, which are cash-rented farms, have not been included. • Rented for the year specified. »• Data incomplete. Dairy Farms in the Merced Irrigation District on the Three Classes of Land in Order of Labor Costs per Acre, 1931, 1930, and 1929 U 1931 Sched- Labor costs per acre ule o no. o ■ Total nlr ea Boftrd 172 20 $87,75 13.25 184.50 $0.00 249 29 69.83 2.59 67.24 0.00 271 39 63.33 0.00 63.33 0.00 238 38 51.58 0.26 51.32 0.00 169 19 44.95 3.89 41.05 0.00 188 20 40.75 1 .00 oy •uu w ♦ ' o 234 61 40.00 17,62 CC •CO 97 60 39.00 0.00 39#C0 A AA 195 67 33.75 3,51 30 41 33.06 23.54 a CI A 267 59 33.05 0.00 33«05 A AA 171 59 31.69 8.36 CO • GO 65 34 28.68 0.00 CO • OO n on 176 77 25.62 15.49 lU « 10 227 39 23.85 t QC o.ou 105 181 20.22 0.41 1 .88 9 CQ 19. 71 1.0/ i f • yo n in 187 A O 19.26 U . 09 LO •Of n nn 226 0 1 16.84 d . lo 10 • DO n nn 313 01 15.43 1 C At n nn 118 23 11.30 0.00 1 1 1A n nn 236 CO 10.53 lU. Oo A AA n nn 98 79 0.00 0.00 A AA U •Uv n nn 106 24 65.00 0.00 65.00 0.00 266 40 54.00 9.00 39.00 6.00 54 24 49.38 0,62 48.75 0.00 38 23 47.39 2.17 45.22 0.00 53 20 39.00 0.00 39.00 0.00 146 87 35.86 0.00 35.86 0.00 74 44 35.45 0.00 35.45 0.00 182 24 32.50 0.00 32.50 0.00 46 59 29.75 2.54 26.44 0.76 233 93 27.18 13.90 14.28 0.00 137 39 26.79 1.03 25.77 0.00 228 39 26.41 6.41 20.00 0.00 29 78 26.09 1.92 24,17 0.00 232 84 24.88 8.99 11.61 4.29 48 85 24.88 0.27 24.47 0.14 43 66 23.64 0.00 23.64 0.00 94 80 20.75 1.25 19.50 0.00 235 38 20.53 0.00 20.53 0,00 80 39 20.00 0.00 20.00 0.00 194 39 20.00 0.00 20.00 0.00 248 97 19.79 0.00 16.08 3.71 274 368 19.02 19.02 0.00 0.00 144 49 18.16 1.63 15.92 0.61 202 46 17.39 0.43 16.96 0.00 45 107 17.01 0,00 17.01 0.00 165 54 14.63 0,19 14.44 0.00 41 83 13.01 3,61 9.40 0.00 225 75 11.73 1,33 10.40 0.00 39 293 8.05 0.06 7.99 0.00 177 145 5.90 1.24 4.03 0.62 250 60 ** *• • * «• 239* 32 ♦ * V * 99 39 28.33 0.00 28.33 0.00 173 103 22.72 0.00 22.72 0.00 40 40 20.50 1.00 19.60 0.00 47 174 11.32 4.60 6.72 0.00 42 39 4.62 4.62 0.00 0.00 100 50 O.CO 0.00 0.00 0.00 1930 1929 ' o o Labor costs per acre Sched ■ ule no. 10 Labor costs per acri u o < 7" Total nirea s ami i.y ^ - o <i Total Hired Family 1 Board Lan i in Clai S8 I 29 $96.73 «2.59 #94.14 $0.00 172 20 $91.00 $0.00 $91.00 to. 00 20 91.00 0.00 91.00 0.00 271 39 88.66 0.00 88.66 0.00 39 88.66 0.00 OO . DO n nn 238 38 71.85 0.00 71 .85 0.00 38 72.11 0.26 71.85 0.00 169 19 58.52 1.05 57.47 0.00 68.00 10.53 57.47 0.00 188 20 56.90 1.20 64.60 1.10 20 56.85 1.50 54.60 0.75 234 61 0*. v<3 23.36 31.33 0.00 61 54.69 23.36 31.33 0.00 97 60 0%. OL- 0 .00 RA fin o* . 0.00 60 54.60 0.00 54. 60 0 .00 171 39 OU . I 1 18 .05 32.66 0.00 67 48.12 5.78 42.34 0.00 O ' Aft A7 42.34 0.00 39 47.97 15.31 32.66 0.00 267 59 0 .00 46.27 0.00 59 46.27 0.00 46.27 0.00 226 57 A A 77 4*. 1 I 90 Afi 19.15 3.16 34 40.15 0.00 40.15 0.00 30 41 *tC • OO ?Q ?7 13.31 0.00 41 38.80 22.56 13.31 2.93 65 34 . 1 u 0.00 40.15 o.oc 57 32.66 11.93 19.15 1.58 176 77 OO . 90 1 Q 7S 14.18 0.00 77 32.09 17.91 14.18 0.00 227 39 •^1 ft R Ol . O 0 3.85 28.00 0.00 39 31.85 3.85 28.00 0.00 9 68 97 ft7 2 .41 25.10 0.36 58 28.01 2.62 26.10 0.29 187 42 9fi 71 cO. 1 1 n 71 26.00 0.00 181 27.21 6.63 18.10 2.48 105 181 CO . f D 18.10 1.99 42 26.81 0.81 26.00 0.00 118 23 9^ 7A CO . f % n OO 23.74 0.00 23 23.74 0.00 23.74 0.00 236 38 1 K 7Q 10. ^ R 7Q 0.00 0.00 51 23.51 23.51 0.00 0.00 313 51 fi QA 0.00 0.00 38 18.42 18.42 0.00 0.00 98 79 u .uu 0.00 O.CO 0.00 79 0.00 0.00 0.00 0.00 249 29 ** Lan d in Cla ss II 24 91.00 0.00 91.00 0.00 106 24 91.00 0.00 91.00 0.00 40 69.60 9.00 54.60 6.00 54 24 68.67 0.42 68.25 0.00 24 68.67 0.42 68.25 0.00 38 23 63.31 0.00 63.31 0.00 23 66.56 S.26 63.30 0.00 53 20 54.60 0.00 54.60 0.00 20 54.60 0.00 54.60 0.00 146 87 50.20 0.00 50.20 0.00 87 50.20 0.00 50.20 0.00 74 44 49.63 0.00 49.63 0.00 44 49.63 0.00 49.63 0.00 182 24 45.50 0.00 45.50 0.00 24 45.50 0.00 45.50 0.00 137 39 37.11 1.03 36.08 0.00 39 38.77 10.77 28.00 0.00 233 93 36.04 16.05 19.99 0.00 39 37.11 1.03 36.08 0.00 29 78 35.76 1.92 33.84 0.00 93 36.04 16.05 19.99 0.00 48 85 34.89 0.45 34.26 0.18 78 35.76 1.92 33.84 0.00 228 39 34.92 6.92 28.00 0.00 85 34.89 0.45 34.26 0.18 239 32 34.13 0.00 34.13 0.00 66 34.46 1.36 33.10 0.00 43 66 33.10 0.00 ^7 in OOa J.U n nn 32 34.13 0.00 34.13 0.00 94 80 31.93 1.25 27.30 3.38 32 34.13 0.00 34.13 0.00 232 84 31.85 11.31 16.25 4.29 80 31.93 1.25 27.30 3.38 236 38 28.74 0.00 28.74 0.00 84 31.85 11.31 16.25 4.29 80 39 28.00 0.00 28.00 0.00 38 28.74 0.00 28.74 0.00 46 59 26.65 6.78 18.51 1.36 39 28.00 0.00 28.00 0,00 248 97 26.22 0.00 22.51 3.71 97 26.22 0.00 22.61 3.71 45 107 24.28 0.47 23.81 0.00 59 25.20 5.42 18.61 1.27 144 49 23.72 0.82 22.29 0.61 49 24.43 1.53 22.29 0.61 165 54 20.22 0.00 20.22 0.00 107 24.28 0.47 23.81 0.00 274 368 19.02 19.02 0.00 0.00 54 20.41 0.19 20.22 0.00 41 83 18.58 5.42 13.16 0.00 368 19.02 19.02 0.00 0.00 177 145 17.75 4.30 11.30 2.15 83 17.98 4.82 13.16 0.00 225 75 15.33 16.33 0.00 0.00 75 16.16 1.60 14.66 0.00 39 293 11.26 0.06 11.19 0.00 293 11.62 0.43 11.19 0.00 250 60 4.17 4.17 0.00 0.00 145 8.87 2.16 5.64 1.08 202 32 • » • * *» *• 60 3.33 3.33 0.00 0.00 266 40 • * ** «* »» 39 *• *• *♦ 194 39 ** • * *• Land in Cl( IBS III 39 39.66 0.00 39.66 0.00 173 103 31.81 0.00 31.81 0.00 103 31.81 0.00 31.81 0.00 40 40 28.80 1.50 27.30 0.00 40 28.30 1.00 27.30 0.00 47 174 12.17 2.76 9.41 0.00 174 14.01 4.60 9.41 0.00 100 30 0 0.00 0 0.00 50 0.00 O.CO 0.00 0.00 99 39 *• • » 39 *♦ *• »* *• 42 39 ** • * Sched ule no. 249 172 271 238 169 188 234 97 195 171 267 66 30 226 176 227 9 105 187 118 313 236 98 106 266 54 38 53 146 74 182 228 137 233 29 48 43 202 239 94 232 235 80 248 46 144 45 165 274 41 225 39 177 250 194 99 173 40 47 100 42 • Rented for the year specified. •• Data incomplete. 1/ Schedule numbers 231 end 302, Land in Class I, 229,224, and 44, Land in Cless II, and 101, Land in Class III, irtiich are cash-rented farms, have not been included. 1 Dairy Farms in the Merced Irrigation District on the Three Classes of Land Arranged in Order of Costs A+B+C+D per Acre, 1931, 1930, and 1929 1931 1950 192S Schedule Costs A+B+C+D bcneauie Schedule Costs A+B+C+D number Acres per acre number Acres number Acres per acre Lan d in ClJ n * T 1S8 1 169 19 $146. 78 249 29 $160.90 169 19 $127.15 ^ 1 c 20 119.45 169 19 141.78 97 60 119.84 249 29 108.13 172 20 121.90 172 20 118.35 271 39 94.05 271 39 121.40 234 61 104.08 238 38 87.68 234 61 99.08 271 59 105.07 234 61 84.51 238 38 92.79 226 57 99.10 97 60 75.98 30 41 80.12 238 58 92 . 95 226 57 70.25 97 60 79.14 187 42 91 .67 50 41 68.20 118 25 74.48 30 41 78.97 195 67 66.07 171 39 73.43 188 20 lb . 00 171 39 61.92 195 67 72.81 171 59 73.76 66 34 57.17 188 20 71.70 195 67 70.77 227 39 55.71 65 34 67.29 65 34 66.99 105 161 55.34 226 57 66.35 176 77 65.64 188 20 54.70 267 59 65.03 Q 58 63.10 267 59 50.49 105 181 61.62 267 59 62.32 176 77 46.10 187 42 60.62 118 23 60.13 9 58 45.12 227 39 60.00 227 39 59.69 187 42 43.07 9 58 49.65 105 181 55.40 118 23 37.61 176 77 49.57 256 58 53.97 236 38 31.94 313 51 47.02 313 51 18.22 313 51 29.55 236 38 40.60 302* 32 15.94 302» 32 15.84 302* 32 16.06 98 79 10.55 98 79 11.05 98 79 10.55 231* 42 5.93 231* 42 6.17 231* 42 6.76 249 29 • * Lar id m CI ass 11 38 23 105.04 38 23 126.43 182 24 130 . 16 266 40 96.90 137 59 117.84 106 24 108 . 20 106 24 93.41 106 24 116.04 58 23 102 . 17 54 24 83.87 266 40 108.85 54 24 90 . 20 53 20 73.35 54 24 92.66 55 20 84 . 30 182 24 73.20 182 24 89.54 157 59 76.97 137 39 70.74 53 20 84.70 228 59 76.56 194 39 62.97 74 44 74.45 144 49 76 . 20 46 59 61.38 46 59 65.08 146 87 68.04 74 44 55.59 239 32 64.09 74 44 66.15 29 78 54.74 146 87 65.62 46 59 58.69 228 39 48.94 80 39 61.76 259 32 56.87 48 85 48.04 228 39 58.69 29 78 52.49 146 87 47.99 144 49 57.24 48 85 50.50 144 49 45.65 235 38 55.15 232 84 48.93 c oo 93 44.59 29 78 52.60 233 93 48.49 oo 42.68 48 85 51.86 43 66 48.11 232 84 42.10 233 93 51.44 235 38 43.34 202 46 40.17 232 84 47.84 94 80 40.41 43 66 39.56 43 66 46.80 45 107 38.90 54 34.94 202 32 42.59 OKI 59 38 .50 QA. an 33.00 94 80 41.26 165 54 38.09 9 7 A. 368 31 .77 165 54 59.39 41 85 34.50 39 30.74 45 107 38.89 177 145 33.44 107 30.54 41 83 34.85 248 97 32.59 97 26.88 248 97 54.00 274 568 31 .69 225 75 26.38 274 368 31.12 225 75 25.50 41 83 26.31 225 75 27.99 250 60 22.14 177 145 24.37 177 145 26.07 39 293 20.71 239* 32 22.16 250 60 21.31 229* 59 16.82 224* 38 18.94 39 293 20.37 224* 58 13.49 250 60 18.33 224* 38 17.07 44* 42 13.30 39 293 16.00 229f 39 16.36 266 40 229* 39 15.28 44* 42 8.73 194 39 *• 44* 42 8.21 194 39 202 32 • * Land in Class III 99 39 39.36 99 39 49.41 40 40 118.30 40 40 39.22 173 103 48.94 175 103 41.20 173 103 33.22 40 40 46.12 47 174 31.72 47 174 28.68 47 174 31.37 100 50 2.25 42 39 5.72 100 50 1.82 99 59 101* 30 3.80 42 39 42 59 ** 100 50 1.90 101* 30 101* 1 50 * Rented farms. ♦* Data incomplete. Dairy Farms In the Meroed Irrigation District on the Three Classes of Land in Order of Net Return per Acre over Costs A + B, 1931, 1930, and 1929 1931 1930 1929 ocn6uUi.o Acr e s Acre 8 Net return Schedule Acres Net return number per ricro over per a ore over nuBiber per acre over CQSi'B A ^ D costs A + B costs A + B XXI vXCftD s I 118 i/ 118 y 23 ♦90.57 118 i/ 23 ♦109.57 23 ♦80.48 236 38 33.29 226 57 38.36 171 39 79.31 171 39 23.20 302» 32 27.22 302* 32 27.25 302* 32 18.50 98 79 24.83 98 79 23.63 98 79 14.96 236 38 23.55 30 41 22.59 231* 42 13.21 105 181 18.36 231* 42 13.21 106 181 3.59 231» 42 13.21 313 51 11.02 9 58 1.75 171 39 6.59 105 181 5.95 226 67 1.23 9 58 5.17 65 34 0.50 313 51 -1.06 30 41 -2,63 169 19 -1.53 234 61 -8.87 65 34 -9.49 176 77 -4.88 1 A7 XO r 4.9 -9.24 176 77 -10.60 9 58 -7.02 A.^ *tx -9. 73 234 61 -13.74 236 oo 1 n AA — lU • DO 1*7 (} 67 -10.59 187 42 -14.79 195 67 -18.27 oo 34 -10.88 169 19 -17.69 227 39 -18.74 77 -19.31 313 51 -18.32 187 42 -19.45 39 -23.69 195 67 -21.54 226 57 -25.89 CO 1 -24.88 227 39 -22.36 267 59 -27.73 coo oo -30. 62 267 59 -29.57 234 61 -32.21 1 AO 1 Q — oo . oo 238 38 -39.46 238 38 -40.19 1 pf) lOo CXJ — o f • yo 97 60 -44.37 271 39 -43 . 64 OA Q C*ks Ca — ^O . DJ7 188 20 -55.76 97 60 -44.69 Q7 An -44.04 271 39 -62.54 188 20 -64.70 C 1 X. 09 -46. 26 172 20 -73.15 172 20 -75.95 lie — ( 0 . Ov 249 29 -125.15 249 29 «• Land in Class II 229* 39 27.39 229» 39 29.96 228 39 85.89 44* 42 12.60 46 59 20.56 182 24 75.01 55 20 10.15 44* 42 12.60 46 59 41.01 250 60 9.37 232 84 12.27 224. . 38 15.55 48 85 3.94 53 20 9.50 225 75 8.33 224* 38 2.13 250 60 6.55 44* 42 7.81 235 38 2.05 224* 38 3.97 235 38 7.16 248 97 1.46 235 38 3.82 53 20 7.05 225 75 -0.97 228 39 2.94 250 60 6.33 239* 32 -1.25 274 368 1.71 274 368 5.66 274 368 -1.73 165 54 -0.23 45 107 3.51 165 54 -2.39 248 97 -2.31 39 293 2.14 232 84 -2.79 39 293 -2.74 232 84 0.96 39 293 -2.84 45 107 -4.04 29 78 -0.08 46 59 -3.71 80 39 -4.39 80 59 -1.34 177 145 -4.72 177 145 -6.43 94 80 -1.49 41 83 -5.88 233 93 -7.23 43 66 -2.34 144 49 -8.60 43 66 -8.36 38 23 -5.49 233 93 -9.04 41 83 -9.59 233 93 -8.03 80 39 -9.44 94 80 -10.09 41 83 -8.25 74 44 -10.98 182 24 -15.63 248 97 -9.07 228 39 -11.37 48 85 -15.64 177 145 -10.83 45 107 -11.30 225 75 -17.07 165 54 -12.28 43 56 -13.62 202 32 -17.78 137 39 -18.75 182 24 -13.96 54 24 -18.55 48 85 -19.09 202 46 -15.24 144 49 -18.56 144 49 -32.03 94 80 -17.30 29 78 -18.61 239 32 -34.43 137 39 -17.45 137 39 -22.86 146 87 -37.29 29 78 -21.63 74 44 -24.25 54 24 -39.17 146 87 -23.20 239 32 -29.81 74 44 -39.64 194 39 -37.39 146 87 -39.46 106 24 -57.33 54 24 -37.88 38 23 -45.01 229* 39 »• 38 23 -40.91 266 40 -57.58 202 *• 266 40 -51.90 106 24 -59.29 194 39 • • 106 24 -62.96 194 39 • * 266 40 40 i/ Land in Class III 40 9.00 4oy 40 8.87 173 103 14.03 101» 30 2.00 100 50 0.00 100 30 0.00 100 50 0.00 47 174 -5.28 1/ 174 -1,95 42 39 -2.06 173 103 -7.78 40 -!/ 40 -49.35 47 174 -4.08 99 39 -30.00 42 39 *• 173 103 -10.65 42 39 99 39 99 39 -19.43 101* SO «• 101* 30 • Rented farms. Data incomplete. i/ Income from work off farw constituted e large part of the gross income of schedule numbers 118 and 40 for the three yea'-s and for schedule nurab»r 225 for 1929. 4 t I Dairy Farms in the Merced Irrigation District on the Three Clasees of Land Arranged in Order of Net Return per Acre Over Costs A+B+C+D, 1931, 1930, and 1929 1931 1930 1929 Net return per Net return per Net return per Schedule Acres acre oyer Schedule Acres acre over Schedule Acres acre over number costs A+B+C+D number costs A+B+C+D number costs A+B+C+D Li ind in C lass I 118* 23 $72.96 118* 23 ♦90.78 171 59 $63.11 236 38 15.95 226 57 24.46 n8# 25 62.61 171 39 7.23 98 79 15.80 98 79 14.60 E31* 42 7.04 302* 32 11.16 502* 32 11.51 98 79 6.24 236 38 6.76 315 51 9.17 302* 32 2.66 231* 42 6.45 251* 42 7.28 315 51 -5.28 105 181 2.29 50 41 5.32 105 181 -11.90 9 58 -9.62 105 181 -7.78 226 57 -13.97 171 39 -9.72 65 54 -15.50 9 58 -15.85 313 51 -20.26 169 19 -15.94 187 42 -23.76 176 77 -22.02 176 77 -16.25 65 34 -26.60 30 41 -24.63 9 DO -19.88 195 67 -27.97 65 34 -27.41 256 OO -27.66 30 41 -81.69 169 19 -32.63 195 Of -34.24 176 77 -32.25 195 67 -58.61 227 -34.41 267 59 -55.98 227 39 -38.98 267 CO Off -58.86 234 61 -58.53 187 42 -40.60 226 0 1 -59.26 227 39 -41.02 267 59 -40.72 COO OO -53.90 238 38 -45.69 234 61 -42.74 C 1 X 0!7 -55.00 188 20 -47 . 70 238 58 -54.45 1 ft*7 lo f -56.81 169 19 -53.26 97 60 -65.05 fil O^ -66.47 249 29 -59.48 188 20 -66.35 20 -75.50 97 60 -65.60 271 59 -74.07 ± 1 c 20 -99.55 271 39 -65.82 172 20 -97.90 60 -104.01 172 20 -140.55 249 29 -141.59 29 *• nd in Class n 229* 39 12.93 229* 59 14.41 228 39 76.56 44* 42 6.08 46 59 7.88 46 59 28.69 250 60 -1.54 44* 42 5.56 224* 38 6.24 248 97 -4.26 232 84 1.21 225# 75 1.16 39 293 -7.95 250 60 -4.95 44* 42 0.99 225 75 -9.05 228 59 -6.59 39 295 -2.08 235 38 -9.55 274 368 -6.52 274 368 -2.74 274 368 -10.15 224* 38 -6.55 235 38 -3.08 224* 38 -11.05 39 293 -7.49 250 60 -5.08 53 20 -11.40 235 38 -7.84 45 107 -6.26 41 83 -12.11 248 97 -7.99 94 80 -7.18 232 84 -12.75 53 20 -12.45 232 84 -9.94 239* 32 -13.10 165 54 -12.84 80 39 -10.74 177 145 -13.63 45 107 -13.77 43 66 -11.55 165 54 -14.50 41 83 -15.14 29 78 -11.60 48 85 -16.28 233 93 -15.53 233 93 -14.25 46 59 -16. 30 177 145 -15.39 53 20 -14.55 233 93 -17.72 94 80 -15.70 248 97 -14.75 80 39 -18.39 43 66 -17.59 41 85 -15.81 45 107 -20.10 202 32 -22.31 177 146 -19.47 202 46 -21.87 225 75 -26.46 Oo CO ot tit 228 39 -22.36 48 85 -28.56 ICR loo CA D^x -24.74 144 49 -22.37 29 78 -30.27 A O 4o OO -50.81 74 44 -22.41 144 49 -31.45 Lot TQ 09 -35.44 94 80 -23.89 54 24 -35.54 14 O O 1 -46.89 43 66 -23.94 74 44 -36.77 239 Oc -47.49 29 78 -26.92 80 39 -37.25 74 44 -49.68 146 87 -32.42 182 24 -38.17 54 24 -51.04 137 39 -32.98 239 52 -41.62 106 24 -67.45 18? 24 -35.70 146 87 -48.82 144 49 -67.47 194 39 -42.72 38 25 -63.66 182 24 -123.75 54 24 -53.08 106 24 -71.08 229* 59 •* 38 23 -55.04 157 59 -78.18 202 32 266 40 -74.25 266 40 -78.95 194 59 106 24 -74.45 194 39 • * 266 40 • * Land in Class III 40# 40 1.28 40# 40 0.93 173 103 7.95 101* 30 -1.80 100 50 -1.82 100 30 -2.25 100 50 -1.90 47 174 -12.95 47 174 -9.27 42 39 -3.16 173 105 -15.85 40# 40 -57.25 47 174 -11.89 99 59 -52.46 99 59 • * 173 103 -18.70 42 59 42 39 • * 99 39 -22.00 101* 50 101* 50 • • # Income from work off farm constituted a large part of the gross income of schedule numbers 118 and 40 for the three years and for schedule number 225 for 1929. * Rented farms. *• Data incomplete. Table XXV Vineyards in the Merced Irrigation District on the Three Classes of Land Arranged in Order of Grosn Income per Acre, 1931, 1930, and 1929 1931 .......... 1930 1929 Sched- Gross Sched- Gross Sched- Gross ule Acres income ule Acres income ule Acres income number per acre number per acre number per acre Lan i in Clas s l' 220 20 $132.50 220 20 $165.00 86 20 ■il68.75 86 20 125.75 86 20 154.00 220 20 150,00 149 19 106.47 204 34 147.06 150 39 143.10 147 23 101.43 149 19 130.63 208 20 140.00 204 34 100.00 256 68 99.85 147 23 139.96 244 20 88.50 244 20 99.50 108 98 128,46 218 47 74.36 218 47 88.83 149 19 112.53 240 122 65.11 241 35 77.74 320 443 110.56 256 68 60.44 108 98 74.45 218 47 102.87 210 31 58.84 240 122 69.92 241 35 101.14 221 26 57.69 242 35 68.29 244 20 99.50 108 98 57.37 147 23 62.22 245 125 90.29 157 86 52.33 157 86 61.44 240 122 83.99 215 47 51.28 245 125 60.22 256 68 72.79 241 35 49.60 82 59 59 .32 157 86 71.88 112 38 47.92 150 39 58.67 264 130 67.06 150 39 43.31 210 31 55.19 152 223 66.15 82 59 42.37 264 130 54.97 82 59 66.10 264 130 41.57 221 26 54.62 242 35 60.00 242 35 40.29 320 443 50.03 287 76 56.28 315 200 37.46 208 20 50.00 215 47 50.53 320 443 36.52 287 76 44.88 112 38 48.97 245 125 33.65 215 47 42.13 217 46 47.39 152 223 32.39 217 46 38.59 210 31 40.32 217 46 29.24 112 38 34.24 221 26 38.08 219 28 29 .04 152 • 223 34.14 247 21 20.05 158 46 21.52 158 46 20.33 219 28 13.93 287 76 15.11 247 21 19.86 204 34 ■ 11.76 247 21 14.67 89 38 14.21 89 38 11.37 89 38 11.24 219 28 -6.10# 158 46 ^ * 208 20 ** 315 200 315 200 * * Lan d in Clas S IIv-- 318 156 70.17 318 156 106.60 318 156 220.16 246 20 51.65 151 39 74.36 246 20 108.20 151 39 37.97 246 20 64.95 211 29 67.97 211 29 33.41 216 36 46.11 126 39 61.36 275 242 33.28 126 39 42.44 216 36 47.61 126 39 30.20 85 80 36.08 151 39 46.82 92 39 29 .07 92 39 35.89 92 39 38.46 85 80 21.22 324 120 25.88 324 120 37.92 36 38 19 .97 36 38 25.42 85 80 30.06 216 36 19 .28 275 242 23.85 207 220 28.42 324 120 18.33 207 220 21.87 36 38 19.53 123 19 17.11 148 19 7.89 275 242 17.87 207 220 13.59 123 19 ** 148 19 6.05 148 19 5.89 211* 29 ** 123 19 ♦ * Lan d in Clas s III^ 222 20 12.00 222 20 16.50 222 20 9.50 f Schedule numbers 124, 297, 189, 213, 205 of land in Class I, 322 of land in Class II, and 87 of land in Class HI, which are cash-rented farms, have not been included. •.f Minus income due to failure of returns of shipments to ccer freight and handling charges. * Rented for the year specified. ** Data incomplete. Table XXVI Vineyards in the deroed Irrigation District on the Three Classes of Land Arranged in Order of Cash Costs per Acre Other Than Labor and Taxes, 1931, 1930, and 1929 1931 1930 1929 Sched- ule number Acres Cash costs per acre other than labor and taxes Sched- ule number Acres Cash costs per acre other than labor and taxes Sched- ule number Acres 204 149 210 221 320 218 240 244 147 241 245 256 242 220 157 215 264 112 108 82 219 86 315 89 150 217 152 158 247 208 287# 246 216 123 92 151 207 324 126 36 85 275 211 148 318#- 222 34 19 31 26 443 47 122 20 23 35 125 68 35 20 86 47 130 38 93 59 28 20 200 38 39 46 223 46 21 20 76 20 36 19 39 39 220 120 39 38 80 242 29 19 156 20 ^j80.47 42.42 42.10 33.35 28.59 28.06 26.50 25.90 24.83 24.57 17.73 17.07 16.89 16.35 13.44 12.77 12,66 11.87 10.90 10.54 9.75 7.25 6.89 6.42 4.59 4.52 3.84 1.70 1.00 ** # 20.00 16.53 16.00 13.67 10.18 6.65 6.18 6.10 5.82 3.26 3.19 0.00 0.47 # Land in Class I"- 204 210 240 149 320 218 244 241 245 112 242 220 264 147 157 86 256 215 108 82 150 152 217 219 89 208 247 221 158 315 287# 34 31 122 19 443 47 20 35 125 38 35 20 130 23 86 20 68 47 98 59 39 223 46 28 38 20 21 26 46 200 76 .^73.79 38.42 33.48 31.89 30.55 29.09 29.00 23.94 23.66 19.21 19.03 18.35 16.72 14.65 14.31 12.00 11.91 11.51 10.72 10.71 7.15 6.24 5.41 4.75 2.95 2.05 1.00 0.69 0.00 # Land in Class II 246 324 216 151 92 207 85 126 36 275 148 211* 123 20 120 36 39 39 220 80 39 38 242 19 29 19 156 2.25 222 .1/ 22.15 21.99 20.36 12.62 10.38 8.30 7.49 6.97 4.08 1.50 0.74 ** * * 7^ Land in Class III 20 2.75 204 240 320 244 149 210 218 241 112 245 220 108 264 242 157 215 82 221 256 147 152 217 86 150 219 247 89 208 168 315 287# 246 151 216 324 92 207 126 85 36 275 148 211 123 318# 222 34 122 443 20 19 31 47 35 38 125 20 98 130 35 86 47 59 26 68 23 223 46 20 39 28 21 38 20 46 200 76 20 39 36 120 39 220 39 80 38 242 19 29 19 156 20 Schedule numbers 124, 297, 189, 213, 205 of land in Class I, 322 of land in Class II, and 87 of land in Class III, v/hich are cash-rented farms, have not been included. * Rented for the year specified. 4- Impossible to separate total cash costs into a and B units. Data incomplete. i • - Vineyards in the Meroed Irrtgfttlon District on the Three Classes of Land Arranged in Order of Labor Costs per Aore, 1931, 1930, and 1929 ^ 1931 1950 1929 i hed- 'ul u e n Acres Labor costs per aore Sohod- ule no. Acres Labor oost s per aore Sched- ule no. BQ U Labo r costs per acr B Total Hired Family Board Total Hired Family Joard O «! Total Hired Family Board Land In Class I 244 20 $105.00 % 7.50 % 97.50 $0.00 244 20 $144.00 $7.50 $136.50 $0.00 244 20 $146.50 $10.00 $136.50 $0.00 204 34 87.06 41.18 45.88 0.00 218 47 106.25 37.23 50.34 18.68 218 47 111.57 42.55 50.34 18.68 218 47 85.11 31.92 35.96 17.23 204 34 105.41 41.18 64.23 0.00 242 35 100.57 48.57 52.00 0.00 242 35 65.71 28.57 37.14 0.00 242 35 94.86 42.86 52.00 0.00 204 34 99.52 35.29 64.23 0.00 210 ox 62.97 13.94 41.94 7.10 241 35 93.92 54.11 59.81 0.00 210 31 84.40 19.25 58.72 6.45 221 26 60.96 38.45 22.50 0.00 210 31 82.56 17.39 58.72 6.45 241 55 72.01 12.20 59.81 0.00 215 47 UU . TfcO 25.53 24.89 0.00 256 68 68.76 20.59 48.17 0.00 112 58 68.00 10.55 57.47 0.00 241 35 49.74 7.03 42.72 0.00 112 38 00 • oo 7 AO 0.00 208 20 67.50 67.50 0.00 0.00 256 68 48.63 14.22 34.41 0.00 149 19 63.16 24.84 38.32 0.00 256 68 67.29 19.12 48.17 0.00 149 19 46.74 19.37 27.37 0.00 215 47 60.38 25.53 U •UU A7 60.38 25.55 34.86 0.00 112 38 45.00 3.95 41.05 0.00 221 26 58.42 26.92 31.50 0.00 221 26 60.55 28.85 31.50 0.00 ■I u f 86 41.40 23.26 18.14 0.00 208 20 55.00 55.00 0.00 0.00 240 122 57.29 57.29 0.00 0.00 320 443 39.51 39.51 0.00 0.00 240 122 51.85 51.85 0.00 0.00 149 19 56.85 18.53 38.32 0.00 86 20 37.75 31.25 6.50 0.00 157 86 50.98 25.58 25.40 0.00 520 445 54.57 54.57 0.00 0.00 240 122 36.51 36.51 0.00 0.00 82 59 50.58 13.56 37.02 0.00 157 86 54.47 29.07 25.40 0.00 219 28 35.29 35.29 0.00 0.00 108 98 48.82 48.82 0.00 0.00 82 59 53.97 16.95 37.02 0.00 220 20 33.50 7.50 26.00 0.00 320 443 47.15 47.15 0.00 0.00 220 20 47.40 11.00 36.40 0.00 315 200 32.87 32.87 0.00 0.00 86 20 46.60 37.50 9.10 0.00 86 20 47.20 38.10 9.10 0.00 108 98 31.04 31.04 0.00 0.00 220 20 46.40 10.00 36.40 0.00 108 98 46.30 46.30 0.00 0.00 147 CO 30.00 18.70 11.30 0.00 245 125 39.85 28.20 11.65 0.00 152 225 46.09 46.09 0.00 0.00 82 59 28.98 2.54 26.44 0.00 219 28 36.43 36.43 0.00 0.00 245 125 42.09 30.44 11.65 0.00 152 223 9ft 79 CO . / c CO. > c 0.00 150 39 34.92 6.92 28.00 0.00 219 28 38.21 38.21 0.00 0.00 264 130 28.56 28.56 0.00 0.00 264 130 34.91 54.91 0.00 0.00 147 23 34.52 18.70 15.82 0.00 245 125 27.44 19.12 8.32 0.00 147 23 34.52 18.70 15.82 0.00 264 130 33.32 33.32 0.00 0.00 217 46 22.39 5.44 16.96 0.00 152 223 33.02 33.02 0.00 0.00 217 46 50.81 / .U f 9^ 74. 150 39 22.31 2.31 20.00 0.00 217 46 30.26 6.52 23.74 0.00 150 39 29.92 1.92 28.00 0.00 158 46 21.15 4,20 16.96 0.00 158 46 27.98 4.24 23.74 0.00 247 21 2.95 2.95 0.00 0.00 247 21 0.86 0.86 0.00 0.00 247 21 1.24 1.24 0.00 0.00 89 38 0.00 0.00 0.00 0.00 89 38 0.00 0.00 0.00 0.00 89 38 0.00 0.00 0.00 0.00 158 46 ** • * »* • * cOo 20 »* ** ** *• 200 44 44 44 44 515 200 «« ** »» 287# 76 # # # # 287# 76 # # # # 287# 76 # # # # Land in Clast 1 II 246 20 60.05 8.05 52.00 0.00 246 20 83.10 10.30 72.80 0.00 246 20 79.55 6.75 72.80 0.00 36 38 43.42 2.37 41.05 0.00 36 38 58.79 1.32 67.47 0.00 36 38 58.79 1.52 57.47 0.00 123 19 39.47 5.26 34.21 0.00 92 39 44.62 9.62 55.00 0.00 92 39 45.26 10.26 35.00 0.00 92 39 31.80 6.80 25.00 0.00 151 39 41.80 18.46 23.34 0.00 324 120 38.51 58.51 0.00 0.00 85 80 25.62 1.25 24.38 0.00 85 80 35.38 1.25 34.13 0.00 211 29 56.83 56.85 0.00 0.00 211 29 25.38 25.38 0.00 0.00 126 39 35.05 7.05 28.00 0.00 86 80 34.13 0.00 34.13 0.00 324 120 25.32 25.32 0.00 0.00 216 36 30.83 5.55 25.28 0.00 216 36 53.61 8.53 25.28 0.00 275 242 24.87 21.65 3.22 0.00 324 120 24.85 24.85 0.00 0.00 126 39 28.00 0.00 28.00 0.00 216 36 21.39 0.00 18.06 3.33 207 220 18.54 10.29 8.25 0.00 151 39 26.42 3.08 23.54 0.00 126 39 21.28 1.28 20.00 0.00 148 19 12.58 12.58 0.00 0.00 207 220 18.35 10.10 8.25 0.00 151 39 20.13 3.46 16.67 0.00 275 242 4.71 4.71 0.00 0.00 148 19 12.63 12.63 0.00 0.00 207 220 13.73 7.84 5.89 0.00 211* 29 * * • • 275 242 0.00 0.00 0.00 0.00 148 19 7.42 7.42 0.00 0.00 123 19 • * ** ** ** 123 19 »• • * »• 318# 156 # # # # 318# 156 # # # # 518# 156 # # # # Land in Clasi 1 III 222 20 24.50 5.00 19.50 0.00 222 20 28.05 0.75 27.30 0.00 222 20 27.30 0.00 27.30 0.00 ♦ Rented for the year specified. Data incomplete. # Impossible to separate total cash costs into A and B units. ^ Schedule numbers 189, 205, 124, 215, 297, Land in Class I, 322, Land In Class II, and 87, Land In Class III, ■which are oash-rented farms, have not been included. Table XXVIII Vineyards in the Merced Irrigation District on the Three Classes of Land Arranged in Order of Costs A-3^C+D per Acre, 1931, 1930, and 1929 1931 1930 1929 ■■ — r O ^ 1 fr^ o t- o S V/ b C.n =;t<5 Costs A r» y o c u le Acre s A+B^C<-D ule Acre s A+B+CfD IJ.UIUUt:/X 11 ^AllliJsS 1 per acre numbe r per acre - La] - id in C] .ass I 204 34 i?208.06 - 204 34 ;;;219.94 204 34 ^'^cyjj . (JO 244 20 147.70 244 20 187.60 244 20 ±OC7 . OO 218 47 131.66 218 47 153.02 218 47 210 31 129.61 241 35 141.75 210 31 1 ?R ft! -Lt*D . O -I 149 19 117.63 210 31 136.33 242 35 126 77 221 26 103.62 242 35 130.00 241 35 242 35 98.23 149 19 123.58 149 19 X J. X . C J. 241 35 97.80 240 122 102.98 240 122 ±\j 1 .ex 86 20 92.10 112 38 100.79 112 38 ■1 AC fiC 256 68 85.97 : 256 68 99 .50 256 68 94 04 240 122 80.61 1 215 47 84.77 320 443 147 23 77.70 320 443 84.15 157 86 87 .90 215 47 75.89 157 36 83.85 215 47 112 38 75.50 82 59 78.99 82 59 R? 61 320 443 74.45 245 125 76.72 208 20 RO 8R 157 86 73.22 220 20 76.55 108 98 RO 1 3 220 20 61.60 108 98 75.42 221 26 78 .35 219 28 58.43 86 20 74.05 220 20 77 25 245 125 58.37 147 23 71.91 245 125 7^ 7i I O m *J O 108 98 57.69 221 26 63.35 86 20 fi7 4. R 82 59 57.08 208 20 67.80 264 130 OO • 'iC> 264 130 53.91 264 130 64.46 152 223 315 200 53.28 150 39 62 .46 147 23 150 39 47.00 219 28 54 . 64 219 28 tJ O • X X 152 223 43.13 152 223 49.40 150 39 217 46 37.93 217 46 46.78 2 87 76 X D • O O 205* 88 37.03 158 46 39.04 217 45 158 ^6 33.04 287 76 35.54 24 7 21 19.52 C O I TP. CO • 1 c 17 37 124* 20 10 • 00 89 38 21.00 124* 20 16.55 89 38 17.13 124* 20 17.55 247 21 16.14 213* 40 12.00 247 21 16.14 213* 40 12.88 297* 40 6.65 213* 40 12.68 189* 37 10.54 189* 37 189* 37 10.22 297* 40 5.60 205* 88 * * 297* 40 5.55 205* 88 ♦ * 158 46 * * 208 20 ** 315 200 ** 315 200 • Lai id in C] Lass II 246 20 101.60 318 156 129.93 318 156 X^fx • O'x 123 19 65.10 246 20 122.05 246 20 XXX ■ t:w 92 39 61.38 151 39 71.82 92 39 7n 9 318 156 57.60 92 39 71.46 324 120 36 38 57.65 36 38 69.89 36 ; 38 216 36 52.66 324 120 66.52 216 ' 36 DU . ID 324 120 51.18 216 36 65.91 151 i 39 57.95 151 39 47.97 85 80 56.57 85 1 80 49 , 30 TO/:? AO '^'Z '•iC ♦OO 1 OP. Leo oy 0 0 • U 45.41 85 80 41.98 207 220 34.84 211 29 46 . 34 275 242 ■±1.59 148 19 31.47 207 ' 220 i 34.97 j 211 29 34 ,65 275 242 O /~\ T 'Z iiO . 10 T / ' Q I'iO 1 1 Q 19 j 30.05 207 220 28.38 211* 29 5.79 275 242 15.05 148 19 25.52 322* 460 2.57 322* 460 10.86 1 322* 460 1.90 123 19 ** 123 19 1 1 Lan i in Cl£ iss III ! 222 20 32.35 222 20 36.65 222 20 36.10 i 87* 40 6.35 87* 40 87* 40 ** * Rented farms . "p* Data incomplete. ~$5' Table XXIX Vineyards in the Meroed Irrigation District on the Three Classes of Land Arranged in Order of Net Return per Acre Over Costs A-i-B, 1931, 1930, and 1929 1931 1930 1929 Net return Net return Net return Sched- per acre Sched- per acre Sched- DPT SiCtTG ule Acres over costs ule Acres over costs ule Acres number A-fB number A+B numbe r a. ' lj ■ Lar Ld in ClJ iss I 220 20 i.82 .65 220 20 ;5il00.25 86 20 ^j)117.05 86 20 80.75 86 20 95.40 150 39 108.74 147 23 46.60 149 19 35.57 147 23 98.27 297* 40 32.90 256 68 19 . 18 220 20 84.25 149 19 17.31 247 21 17.62 208 o r\ C\J 70.30 150 39 16.41 150 39 16.59 108 98 64.47 108 98 15.43 213* 40 15.00 149 iy 27.16 213* 40 15.00 108 98 14.91 245 IOC 125 26.96 247 21 12.81 297* 40 14.60 320 443 26.06 1 205* 88 7.05 147 23 13.05 297* 40 23.05 89 38 4.82 89 38 11.26 264 130 16.43 82 59 2.84 287 76 11.01 213* 40 15.00 189* 37 j 2.41 264 130 3.34 124*^ 20 14.55 217 46 2.33 217 46 2 .92 247 2 1 14.43 240 122 j 2.10 189* 37 2 .73 152 223 13.84 264 130 0.35 124* 20 1 .75 287 76 10.98 152 223 -0.17 82 59 -1 .97 217 A a 10.68 124* 20 -0.75 245 125 -3 .29 89 'Z D oo 8.84 158 46 -1.33 157 86 -3.86 241 35 3.65 315 200 -2.30 221 26 -4.50 157 86 2.33 157 86 -2.51 152 223 -5.12 82 b9 0.10 256 68 -5.27 208 20 -7.05 256 /? Q DO -2.71 112 38 -8.95 158 46 -7.65 240 TOO -8.51 245 125 -11.52 240 122 -15 .42 215 -22.30 215 47 -11.91 320 443 -27.67 219 n o 28 -27.25 287 76 -12.06 215 47 -29.77 221 26 -31.40 219 28 -16.00 204 34 -32.14 218 47 -36.28 241 35 -24.71 241 35 -40.12 112 38 -41.29 320 443 -31.58 242 ob o o -hfi 77 221 26 -36.62 218 47 -45.51 210 31 -71.91 218 47 -38.81 219 28 -47.28 244 20 -75.65 242 35 -42.31 112 38 -50.34 204 34 -156.59 244 20 -42.40 210 31 -65.78 205'»^ 88 210 31 -46.22 244 20 -73,50 189* 37 204 34 -67.53 205* 88 ** 158 46 208 20 ** 315 200 315 200 La nd in CI ass II 318 156 17.51 151 39 19.95 318 156 80.87 211 29 8.03 275 242 17.64 211 29 31.14 151 39 7.66 211* 29 7.48 126 39 28.21 275 242 5.22 126 39 0.41 275 242 16.68 126 39 2.82 322* 460 -0.69 246 20 11.05 322* 460 0.87 207 220 -4.97 151 39 6.51 148 19 -2.00 21d 36 -5.08 216 36 1.50 207 220 -6.79 148 19 -5.43 207 220 1.45 85 80 -7.67 85 80 -6.78 322* 460 -0.59 324 120 -13.17 318 156 -18.26 85 80 -7.09 92 39 -16.39 92 39 -19.11 148 19 -7.32 216 36 -18.64 324 120 -20.96 324 120 -10.31 246 20 -28.35 36 38 -o7.45 92 39 -15.72 36 38 -29.27 246 20 -40.30 36 38 -42.02 123 19 -38.36 123 19 1 123 19 ** Land in CI ass III 37* ; 40 7.00 222 20 -14.30 222 20 -21.95 222 1 20 _i -14.75 87* 40 87* 1 .... 40 * Rented farms . 'f* Data incomplete. Table TJJi Vineyards in the Merced Irrigation District on the Three Classes of Land Arranged in Order of Net iieturn per Acre Over Costs A-i-3--C*D, 1931, 1930, and 1929 1931 1 ^30 1929 i 1 Net return — 1 Net return Net return Sched- Acre s per acre Sched- oer acre Sched- per acre ule over costs ule Acres over costs ule Acres over costs number ii^-B^C-i-D number i^.-^B-i-C'-D number A-f-B*C-*-D ind in C lass I 220 20 •rfi 70.90 C,CV 2U Q O Ad 'i? 00.40 86 20 «il01.30 86 20 33.65 OD 20 79 .9b 150 39 88.74 297* 40 27.35 O Q "7 lb y . o4 147 23 78.14 147 23 23.73 297* 40 9 .00 220 20 7?;. 75 213* 40 2.32 149 19 7.05 208 20 69.15 108 98 -0.32 247 21 3 . 72 108 98 48.33 247 21 -1.47 i 13* 40 2 . 12 320 443 19.41 150 39 -o .69 256 68 O.o5 297* 40 16.40 189* 37 -7.49 108 98 -0.97 245 125 14.36 217 46 -8.69 150 39 -3 . 79 287 76 9.40 89 38 -9.76 89 38 -6 .11 152 223 3.83 152 223 -10.74 189* 37 -7.49 264 130 3.61 149 19 -11.16 217 46 -8 . 19 213* 40 3.00 158 46 -11.52 loO 217 46 0.63 264 130 -12.34 147 23 -9 .69 247 21 0.53 287 76 -13.61 221 26 -13 . 73 149 19 -1.68 ! 82 59 -14.71 152 O O *7 223 -15.26 124* 20 -3.85 1 240 122 -15.50 124* 20 -15 .80 89 38 -5.76 : 315 200 -15.82 245 125 -lb . 50 157 86 -16.02 124* 20 -17.55 cuo 20 -17.80 82 59 -16.51 205* 88 -20.78 ICO loo A £* 46 -18. 71 241 35 -20.18 157 86 -20.89 82 59 -19 . 67 256 68 -21.25 215 47 -24.61 157 86 -22.41 240 122 -23.22 245 125 -24.72 240 TOO 122 -OO . 06 215 47 -35.00 256 68 -25.53 02U A A *t -o4 • id 221 26 -40.27 112 38 -27.58 cLd A 1 219 28 -41.18 219 28 -29.39 9 T Q 0 Q 218 47 -53.72 320 443 -37.93 242 35 -61.71 112 38 -56.69 221 26 -45 .93 241 oo -64 .01 242 35 -66 . 77 241 35 -48.20 218 47 -64.19 210 31 -86.49 218 47 -57.30 112 38 -66.55 244 20 -90.35 242 35 -57.94 204 34 -72.88 204 34 -197.59 244 20 -59.20 2 10 31 -81 . 14 189* 37 ^ =F 210 31 -70.77 244 20 -88. 10 205* 88 ** 204 34 -108.06 205* 38 ** 158 46 ** 208 20 315 200 ** 315 200 ** T o md in C iass ii 318 156 12.57 O r7 C 275 242 3 .72 318 156 75.82 322* 460 -0.69 151 39 2 .54 211 29 21.63 211 29 -1.24 id 11* on 29 -1 .76 126 39 14.95 275 242 -8.31 T O O J- 322 + 460 -2 .46 275 242 2.82 151 39 -10.00 207 220 -12 .97 322* 460 -2 .64 126 39 -12.13 126 39 -13 .46 246 20 -3.20 207 220 -14.79 216 36 -19.80 207 220 -6 . 55 148 19 -19.63 85 80 -20.49 151 39 -11.13 85 80 -20.76 318 156 -23.33 216 36 -12 .75 92 39 -32.31 148 19 -23.58 85 80 -19.24 324 120 -32.85 92 39 -35.57 148 19 -24.00 216 36 -33.38 324 120 -40.64 324 120 -30.00 36 38 -37.66 36 38 -44.47 92 39 -31.77 123 19 -47.99 246 20 -57.10 36 38 -48.33 246 20 -49.95 123 19 ** 123 19 ** Land in Class III 87* 40 0.65 222 20 -20.15 222 20 -26.60 222 20 -20.35 87* 40 ** 87* 40 ** 1 * Rented farms . ** Data incomplete , Table XXXI Grain and General Farms in the Merced Irrigation District on the Three Classes of Land Arranged in Order of Gross Income Per Acre, 1931, 1930, and 1929 1931 Schedule number 159 200 162 198 34 257 156 319 311 272 192 50 166 178 164 167 314 317 155 199 Acres Gross income per acre 1930 Schedule number lAcres 39 30 22 75 311 40 165 78 243 126 20 101 102 19 40 48 165 80 56 20 ^40.00 24.30 20.45 10.85 4.66 3.70 1.09 3.01 2.58 19.53 12.00 11.15 10.28 8.47 6.98 6.04 3.98 1.25 1.07 0.00 Gross income per acre 1 Land in Glass I 1. 159 200 162 156 34 198 257* 39 30 22 165 311 75 40 :^52.31 44.27 20.00 1.52 0.00 ** ** Land in Class 11''^^ 311 319 243 78 4.21 Land in Class III'-/ 178 272 314 50 167 155 317 166 192 164 199=^ 19 126 166 101 48 56 80 102 20 40 20 47.42 22.78 20.43 14.78 12.50 12.23 8.85 8.47 7.80 ** 1929 Schedule number Acres 200 159 156 34 198 257* 162* 311 319 178 514 50 272 155 192 199 164 166 317 167 30 39 165 311 75 40 22 243 78 19 166 101 126 56 20 20 40 102 80 48 Gross income per acre ^63 . 83 49.72 3.64 ** ** 11.45 49.42 34.31 25.63 21.46 12.84 11.00 0.00 * * ** ^V'Schedule numbers 284, 294, 296, 163, 279, 286 of land in Class I, 160, 197, 254, 36, 183, 281, 190, 301, 280, 277 of land in Class II, and 282, 161, 196, 273, 181, 278, 184, 191, 276, 290, 180, 288, 102 of land in Class III, which are cash-rented farms, have not been included. * Rented for the year specified. ** Data incomplete. -n- Table XXXII Grain and General Farias in the Merced Irrigation District on the Three Classes of Land Arranged in Order oi' Cash Costs Per Acre Other Than Labor and Taxes, 1931, 1930, and 1929 1931 Sched- ule numbe r 200 198 159 34 162 257 156 319 311# 272 178 164 166 314 192 50 167 317 155 199 Acres 30 75 39 311 22 40 165 78 243 126 19 40 102 166 20 101 48 80 56 20 Cash costs per acre other than labor and taxes ;i>12.17 7.95 3.15 3,05 1.55 1.25 * * 0.99 11.94 10.84 12 09 13 15 46 0.94 0.86 0.00 0.00 Sched- ule number 1930 Acres Cash costs per acre other than labor and taxes Land in Class I 200 159 162 34 156 198 257* 30 39 22 311 165 75 40 $29.87 2.26 1.95 1.37 0.12 ** ** Land in Class II 319 311# 78 243 # Land in Class III 178 314 272 167 192 155 166 50 317 164 199* 19 166 126 48 20 56 102 101 80 40 20 12.11 9.64 7.98 5.65 5.15 3.68 3.24 2.40 0.00 Sched- ule number 200 159 156 198 34 257* 162* 319 311# 178 272 314 192 155 50 199 166 317 167 164 1929 ,'icres 30 39 165 75 11 40 22 78 243 19 126 166 20 66 101 20 102 80 48 40 Cash costs per acre other than labor and taxes *14.20 7.26 0.35 14.00 11.35 10.27 5.25 3.86 2.00 0.00 ** * * •^''schedule numbers 284, 294, 296, 163, 279, 286 of land in Class I, 160, 197, 254, 36, 183, 281, 190, 301, 280, 277 of land in Class II, and 282, 161, 196, 273, 181, 278, 184, 191, 276, 290, 180, 288, 102 of land in Class III, which are cash-rented farms, have not been included. Impossible to separate total cash costs into a and B units. * Rented for the year specified. ** Data incomplete. -HI- Table >J(XIII Grain and General Farms in the Merced Irrigfation District on the Three Classes of Land Sched- ule numt er 200 257 34 162 198 159 156 319 31lJ 178 164 50 272 314 166 317 1S2 155 167 199 1931 Acres 30 40 311 n 1 75 39 165 78 243 19 40 101 126 166 102 80 20 . 56 48 20 Labor costs per acre Total $26.00 4.70 4.14 3.55 2.13 0.90 5.13 * * 42.74 19.50 15.45 14.92 9 . 67 6.03 3.10 3.00 1.57 l.ns 0.00 Hired iFnmily $0.00 ,^26.00 0.00 4.70 1.63 3.55 2.00 O.90 5.13 1.47 0.00 0.00 0.79 1.05 5.39 3 . 10 3.00 1.57 1.08 0.00 O.OO 0.00 0.00 * * 41.05 19.50 15.45 13. S3 8.61 0.64 0.00 O.OO 0.00 0.00 O.OC board , o . 00 0.00 0.00 0.00 0.13 O.OO *♦ 0.00 0.21 0.00 0.00 0.20 0.00 0.00 O.OO 0.00 0.00 0.00 O.OO 1930 1929 Sched- ule number Acres Labor costs per acre Sched- ule number Acres Labor costs per acre Total Hired Family Board Total Hired Family Board I .and in Class I 200 30 136.40 Oo.oo |36.40 vO.OO 200 30 Ca2,oo $12.00 f, 0.00 fo.oo 162 22 3.64 3.64 0.00 0.00 156 165 1.27 1.27 0.00 0.00 34 311 3.51 O.OO 3.51 0.00 159 39 0.00 0.00 0.00 0.00 156 165 1.49 1.49 0.00 0.00 198 75 * * * * ** ** 159 39 1.28 1.28 0,00 0.00 34 311 * * * ¥ * * 198 75 * * ♦ * * * 257* 40 * 257* 40 * * ♦ * 162* 22 + * * * Land in Clans TI 319 78 * * ** ♦ * 319 78 * * * * 31 IJ^ 243 ♦ * ** ♦ * 311='; 243 ♦ ♦ ** ** 1 ^and in Class III 178 19 59.58 2.11 57.47 0.00 178 19 58.52 l.Of 57.47 0.00 272 126 21.88 2 .18 19.50 0.20 314 166 21.97 8.81 13.16 0.00 50 101 21.63 0.00 21.63 0.00 50 101 21.63 O.Of 21.63 0.00 314 166 16.29 3 . 96 12.33 0,00 126 21.30 1.6C 19.50 0.00 166 102 6.78 5.88 0.90 0.00 155 56 5.11 5.11 0.00 O.OC 56 5.11 0.11 O.OO 0.00 192 20 3.00 3.0C 0.00 0.00 317 80 4.50 4.50 0.00 0,00 199 20 0.00 O.OC O.OOl 0.00 192 20 3.00 3.O0 0,00 0.00 164 40 ** *♦ * * ** 167 48 2.-^0 2.00 0,00 O.OO 167 48 * * ** .* * * 164 40 ** * + if * 317 80 ** * * ** ** 199 20 * * 166 102 ** * * * * * * l-H and 1 — I m ) — ! CIS r-1 o rr-i • o W O CO ■P cd CO •H •H <— 1 fj) CM 1—1 o r; C'O •iH pq la •H O l-H C v. <u <M as o C^J CO < C\i -P Ch O o CM o I— 1 a nt c CO (D a> l-H > t- 1-1 SS to CM 1—1 +> - 00 •> CO uj 1— 1 m CJ5 CM C CM U •> 00 cc o c-- v< •rjt a: CM c o m o 00 1—1 'XD CM <P w CD -P •H OS CD c- ^ Vi •P to to CM 0) ■ H o CD r-i S-. 1 O 0) +^ C dJ cr- m m to 4^ 'O 1-1 Csl OS OB 00 o ^ ^1 CM OS r — c 4) (U A to ^- CO U >> (D CM 1—1 as CO (D -P ^ <D O r-t o +' 1—1 +^ nu CO CO •i-i CM 1-1 i-. 0) i O C iH 0) t-i o ,C l-H 1—1 to •H pi c M •H CO tJ CM M to U nt OS O +^ P o to CO to a: OS e w CO 1—1 1-1 as 1-1. l-^ * ♦ St- t^ * o 1—1 00 Oi « CM 1-1 ■H Table XXXIV Grain and General Farms in the Merced Irrigation District cn the Three Classes of Land Arranged in Order of Costs A-^B-t-C-s-D per Acre, 1931, 1930, and 1929 1931 1929 o o xit; u. Costs _. . C ^ Vi .-1 ^ Co sts Sched- Costs Acres A+B+C+D uIg Acre s At-B<-C :-D ule Acres A-i-B'f-C^-D oer acre in 1 T Tn r\ Q V nuinue r oer acre number per acre — ^ Lane L in Clas s I 200 ou •ip 0 0 . -L D 200 30 s^84.63 30 s!>46 . 69 162 22 34.27 162 22 34.91 162* 22 29,36 198 75 22.85 159 39 21.05 159 39 24.69 159 39 20.25 257* 40 8.45 257* 40 6.85 257 40 13.80 294* 43 6.23 294* 43 6.16 34 O J. X Q 1 R 34 oil 6.81 OU ^ • OU 294* 156 165 4.65 lob A A % 284* R7 \j 1 O • OD lo3* 30 4.60 9 Q/i X 0 1 % QA 163* O • 1 o 284* 57 3.84 O .DO 296* 40 296* 40 3.75 9 lO *L 9r\ 9 ici • r 0 279* 9 fin 286* 71 2 . 54 C OD ^ 1 1 9 /1 Q 286* 71 2 09 279'^- 20 2.40 156 198 75 * ¥ oil Land in Class II 160* 50 11.70 160f 50 12 .02 311 243 14.13 319 78 8.86 311 243 10.98 160^ 50 11.94 19 7v 38 8.32 197* 38 ' 9 .03 197* 38 10.00 oil 243 3.33 254* 104 3 .29 254* 104 3.25 254* 104 3.19 183^- 78 2.99 36* 40 9 PR 78 2.97 '2 J, OD* 40 2.85 183=f 78 ? 9? 36* 40 2 .75 281* 501 2.61 281=^ SOI 190* 20 2.50 190=^ 20 2.50 190* ^0 2 RO 281* 501 2 .49 301* 444 2.14 301* 444 2 1 3 301* 44-4 2.26 280* 61 1.69 280* 61 1 • 85 280* 61 1.79 277* .7 1.15 277* 67 1.21 277* 67 1.16 319 78 319 78 Land in Clas s III 178 1 Q R 7 ^ 9 178 19 87.63 I/O ly Of* o c 00 .05 272 "5^/1 99 272 126 37.89 O "79 126 o9 . b3 164 9Q Q c; 314 166 32.12 6 14 166 37 .53 314 ioD 50 101 27.91 50 101 27.43 50 n m lU 1 9 9 / c; 166 102 11.48 O O O Jr n <^ A y 60 13.63 186 j.^ . oy 192 20 11.15 loo OD 11.17 192 9n y . y u 155 56 11.10 19 2 20 11 . 15 161* 9ri <iU y . iu 167 48 9.54 161* 20 6.80 317 oU O .Ob 161* 20 7.15 196* 40 3 .20 167 / Q '2 o ^ O .0 1 317 80 5.96 273* 60 1 . 74 155 56 3 . 32 196* 40 3.40 199 20 1.70 102* iy 3 . 16 199* 20 1.85 181* 209 1.70 196* 40 3.05 181* 209 1.81 278* 23 1.52 238* 38 2.28 273^ 60 1.80 184"- 1004 1.48 199 20 1.80 184* 1004 1.54 191* 37 1.30 273* 60 1.75 290* 156 1.40 276* 39 1.28 181* 209 1.67 278* 23 1.39 290* 156 1.25 282* 960 1.52 191>^ 37 1.32 180* 20 0.80 184* 1004 1.50 276* 39 1.23 288* 38 278* 23 1.43 282* 960 1.03 102* 19 290* 156 1.37 180* 20 0.80 164 40 ^ * 191* 37 1.35 288* 38 ** 317 80 ** 276* 39 1.26 102* 19 * * 167 48 180* 20 0.80 164 40 166 1 102 * * * Rented farms . ** Data incomplete. Table XXXV Grain and General Farir.s in the Merned Irrigation District on the Three Classes of Land Arranged in Order of Net Return per Acre Over Costs A-^B, 1931, 1930, and 1929 1931 1930 1929 Net return Net return Net return Sched- per acre Sched- per acre Sched- per acre ule Acres over costs ule Acres over costs ule Acres over costs nuinber number number A + 3 i -in ri Ei C; Q T O O X 159 39 i i;35 95 159 39 ii>48 . 77 159 39 V.42 .46 1 fi? X w tj 22 15 .36 16? 22 14 .41 200 50 37.64 163* 30 6.67 257* 40 11.40 162* 22 23.73 296* 40 2.50 163* 30 10.00 257* 40 11.53 286* 71 1.65 284* 57 9 ,00 163* 30 10.00 294* 43 0.91 286* 71 4.39 286* 71 8.49 198 75 0,77 294* 43 3.44 284* 57 6.32 284* 57 0. 16 296* 40 2 .58 156 165 2.02 279* 20 0.00 279* 20 0.00 296* 40 1 .32 257 40 -2 .25 156 165 -0.09 294'^ 43 1 . 19 34 311 -2.53 34 311 -4. 87 279* 20 0.00 200 30 -13.87 200 30 -22.00 o4 311 156 165 ** 198 75 ** 198 75 ** I in C 1 3. S S I I J. \J%J ^ 78 3 59 ] 9 7* 38 12 .34 2 -30* 61 16.21 277* 67 2.67 183* 78 9.23 183* 78 15.39 280* 61 2.10 281* 501 3.28 197* 38 12 .34 281* 501 1.50 190* 20 2,00 301* 444 8.37 311 243 1.31 280* 61 1.82 281* 501 7 .61 301* 444 1.19 277* 67 1.63 160* 50 7.22 254* 104 0.96 36* 40 1,42 36* 40 5.00 160* 50 0.86 160* 50 0.64 277* 67 4.42 190* 20 0.00 301* 444 0.11 254* 104 4,29 36* 40 0.00 254'<^ 104 -0.24 190* 20 2.70 197* 38 -0.29 311 243 ■ -4,69 311 243 -0.58 319 78 -3 .11 319 78 319 78 »* 1 sort ( 1 in rl X XXi \j X q c o T T T O lD XXX 102* 19 2 1 .05 282* 960 6 . 64 191* 37 9 .76 19? 20 4 .85 167 48 4.85 196* 40 7.15 1 fi7 XVJ 1 48 4 .02 273* 60 4 - 77 155 56 3.88 1 9 "1 ♦ J. *7 X ~ 37 3 41 317 80 4 .35 273* 60 3 .07 1 004 3 ?n 196* 40 3 . 60 192 20 2 .75 60 ? 67 1 55 56 3 .44 50 101 2 .00 290* ? 1 6 • XiJ 180* 20 2 .50 184* 1004 1.98 1 fin* 20 2 .00 184* 1004 1.80 161* 20 1.15 ?n9 1 79 290* 156 1.73 290* 156 0.77 O O 1 71 1 • / X 1 fi 1 * 20 1 . 50 180* 20 0.50 1 QR* 1 QQ* ?0 1 1 5 X • X \J 181* 209 0.11 ? 7fi* 1 81 * X O X ~ 209 75 278* 23 0.00 ? 7R* C/ ( o ^ CO ?3 0.00 276* 39 0.00 199 20 0.00 276* 39 0,00 199 20 0.00 282* 960 -0.22 191* 37 0.00 314 166 -2.08 161=^ 20 -0.35 192 20 -0,35 272 126 -11.18 155 56 -0.50 166 102 -1,54 282'^ 960 -12.50 317 80 -2.71 314 166 -5.50 178 19 -23.11 166 102 -2.84 272 126 -7,08 164 40 ^:* 272 126 -7.34 50 101 -9.24 288* 38 ** 50 \ 101 -7.75 178 19 -24.26 102* 19 * * 314 1 166 -10.82 164 40 * ¥ 167 48 ** 164 40 -19.64 288=^ 38 317 80 ** 178 19 1 -45.11 102* 19 ** 166 102 ** * Rented farms, *+ Data incomplete. ■ Table XXXVI Grain and General Far:iis in the Merced Irrigation District on the Three Classes of Land Arranged in Order of Net Return Per Acre Over Costs A-^-B-t-C-i-D , 1931, 1950, and 1929 Sched- ule numbe r 159 163* 286* 296* 279* 284* 294* 34 257 193 162 200 156 277* 183* 280* 281* 311 301* 254* 190* 36* 319 197* 160* 102* 167 192 191* 184* 180* 273* 290* 181* 288* 282* 276* 278* 199 155 196* 317 166 161* 50 272 314 164 178 1931 Acres 39 30 71 40 20 57 43 311 40 75 22 30 165 67 78 61 501 243 444 104 20 40 78; 38 50 19 48 20 37 1004 20 60 156 209 38 960 39 23 20 56 40 80 102 20 101 126 166 40 19 Net return per acre over costs A+B+C->-D 1930 Sched- ule number 119.75 2.94 -0.44 -0.80 -2.60 -3.70 -4.51 -4.52 -10.10 -12.00 -13.82 -31.86 ** 1.51 0.62 0.31 -0.35 -0.75 -0.87 -1.99 -2.50 -2.75 -5.85 -8.32 -9.80 17.89 2.17 2.10 2.06 1.75 1.20 0.92 0.79 0.17 -0.57 -1.26 -1.26 -1.43 -1,80 -2.25 -2.65 -4.11 -4.61 -9.10 -11.30 -14.69 -19.12 -22.87 -58.85 Acres Net return per acre over costs Ai-BtC4-D Sched- ule number 1929 Acres Land in Class I 159 163* 284* 257* 286* 296* 279* 294* 156 34 162 200 198 39 30 57 40 71 40 20 43 165 311 22 30 75 $31.26 5.40 5.16 3.50 1.85 -1.17 -2.40 -2.79 -3.13 -6.81 -14.91 -40.36 Land in Class II 183* 197* 281* 277* 280* 190* 36* 301* 254* 311 160* 319 78 38 501 67 61 20 40 444 104 243 50 78 6.24 3.60 0.79 0.48 0.13 -0.50 -1.43 -2.03 -3.29 -6.77 -10.36 ** Land in Class TII 282* 273* 167 317 ISO* 155 290* 184* 196* 199* 181* 276* 191* 278* 166 192 161* 314 50 272 178 164 102* 288* 960 60 48 80 20 ■ 56 156 1004 40 20 209 39 37 23 102 20 20 166 101 126 19 40 19 38 5.51 2.i^7 2.96 2.89 1.70 1.13 0.33 0.29 0.20 -0.70 -1.03 -1.23 -1.32 -1.39 -3.01 -3.35 -5.30 -11.69 -13.13 -15,11 -40.21 *♦ ** * * 159 200 286* 163* 257* 284* 156 296* 279* 294* 162* 34 198 280* 183* 301* 281* 277* 197* 36* 254* 190* 311 160* 319 191* 196* 155- 273* 184* 192 180* 290* 276* 2 78* 181* 199 50 314 161* 28^^ 272 178 166 164 102* 288* 317 167 39 30 71 30 40 57 165 40 20 43 22 311 75 61 78 444 501 67 38 40 104 20 243 50 78 37 40 56 60 1004 20 20 156 39 23 209 20 101 166 20 960 126 19 102 40 19 38 80 48 Net return per acre over costs A*B--C+-D ;a>25.03 17.14 S.OO 5.50 5.23 2.48 -0.79 -2.33 -2.75 -4.97 -5.31 ** 14.36 12.47 6.74 5.00 3.21 2.63 2.05 1.28 0.20 -2.68 -3.69 8.46 3.95 1.67 1.33 0.50 -0. 15 -0.30 -0.48 "1.28 -1.52 -1.59 -1.70 -1.80 -3.22 -5.30 -13.63 -18.17 -36.63 ** *f * Rented farms . ** Data incomplete. Table ravii Truck Farms in the Pierced Irrigation District on the Three Classes of Land Arranged in Order of Gross Inoome per Acre, 1951, 1930, and 1929 1931 1930 1929 Sched- Gross Sched- Hross Sched- Gro s s ule Acres income ule .Lcres income ule AC res income numbe r per acre number per acre numbe r per acre Land in Class ll 75.* 26 ^^103. 85 75# 26 5^126.77 75Tf 26 .^134.62 193' 20 33.75 193 30 39 .90 193 70 93.75 117 38 24.18 316 260 32 .98 316 260 37.02 110 118 22 ,43 298 60 2d. 67 26 27 34 .81 26 27 21.30 26 27 2o.93 110 118 23.31 316 260 19.90 110 118 25,14 117 38 15 .00 72 21 19 .52 117 38 22 .29 79 34 14 ,71 79 19 5,26 72 21 22.14 51 127 0.00 51 127 0.51 79 34 9 .79 298 60 37.52 298* 60 51 127 0.51 72* 21 * Land in Class 58 26 4:4:. n 71 21 73.10 71 21 96.19 71 21 40,71 58 26 64.92 142 61 42.31 52 50 30,92 55 39 43 .44 52 50 37,36 55 39 30.23 168 53 55.66 168 63 36.04 261 20 27.55 261 20 35.65 55 39 29.90 168 53 2 7,53 142 61 33.15 261 20 24.95 69 286 22.94 69 286 30.05 69 286 24.23 81 39 21.54 52 50 28.84 81 39 24.18 57 30 19.43 81 39 25.62 107 96 16.99 201 20 18,00 252 36 18.08 115 78 13.55 56 20 17.50 115 78 I0.37 145 39 12.82 107 196 17.07 107 196 10,64 119 47 1.60 142 61 1.3.74 59 40 10.28 59 40 0.00 1 4R 39 10.26 58 26 115 78 9,45 251 36 7.19 57 30 * * 119 47 7,87 49 20 5.25 ■iOl 20 59 40 7.76 119 47 1.53 56 20 179 78 6,03 56 20 0.00 179 78 * * 49 20 5.25 57 30 * * 49 20 0 c 0 Ob u . by 9n c \j 251 36 0.58 179 7B 251 36 Land in Class 136 93.03 6# 136 156,62 136 160,75 120 48 38.75 120 48 31.77 120 48 83.58 70 38 15.79 70 38 21,05 70 38 14.08 143 23.5 2.98 143 23^ *♦ 283 61 2.70 283* 61 283'.- 61 143 23. J A Schedule numbers 186, 140, 255, 109 of land in Class I, 263, 185, 237, 139, 73, 262, 68, 170, 291, 121, 300, 122, 253, 27 of land in Class II, and 292, 90, 299, 138, 67, 293 of land in Class III, which are cash-rented farms, have not been included. jf- Farm income, due in part to rather extensive commercial activity, not dependent upon productivity of land. .tented for the year specified. ** Data incomplete . Table :vXa'. Ill Truck Farms in the Merced Irrigation District on the Three Classes of Land Arranged in Order of Cash Costs per Acre Other Than Labor and Taxes, 1931, 1930, and 1929 1931 1930 1929 Sched- ule number acres Cash costs Der acre other than labor and taxes ■ ■ Sched- ule numbe r acres Cash costs per acre other than labor and taxes 1 Sched- ule number Acres Cash costs per acre other than labor and taxes 117 110 26 316 75 72 51 193 79 298* 71 59 261 57 145 69 55 107 58 81 52 179 49 56 119 201 168 251 252 X ± O 142 6-' 120 70 143 283* 38 118 27 260 26 21 127 20 19 60 21 40 20 30 39 236 39 196 26 39 50 76 20 20 47 20 53 26 36 78 61 136 48 38 23-| 61 ^12.58 10.67 8.44 7.27 6.54 5.86 3.50 0.35 0.26 37.14 16.48 13.20 11.76 11.35 9.45 8.56 8.55 8.38 8.02 7.88 7.29 6.50 6.10 4.55 3.40 2.58 2.00 1.80 1.46 59.83 46.00 7.05 5.62 + L 110 117 75 26 316 193 72 79 51 L 71 69 168 59 81 107 58 56 49 179 55 119 261 145 142 52 115 57 251 *J uj 201 L 6 120 70 233* 143 and in ( 118 38 26 27 260 20 21 34 127 60 and in ( 21 286 53 40 39 196 26 20 20 78 39 47 20 39 61 50 78 30 26 3fi 20 and in C 136 48 38 61 23-1 :iass I-^- 5ai.34 9 .58 7.69 6.63 5.38 4.00 3.43 1.76 0.84 f Uass ir^' 27.67 11.75 9.83 9.10 8.62 8.54 6.46 5.75 5.00 4.18 3.87 3.79 2.90 2.56 2.41 1.20 0.47 ** * ^ * * * * lass III-'-' 73.83 11.81 4.29 ** 117 75 26 110 316 19 3 79 51 72* 29 8# 71 168 69 261 107 81 179 59 55 119 145 142 52 115 49 251 252 57 201 56 6^ 120 70 283?;^ 143 38 26 27 118 260 20 34 127 21 60 21 53 286 20 196 39 78 40 39 47 39 61 50 78 20 26 36 30 20 26 20 136 48 38 61 23^- ;#11.95 10.19 6.48 5.86 4.22 2.15 1.47 0.12 -K: // 38.52 29.57 11.13 10.10 9.11 6.69 4.82 3.75 3.74 3.29 1.79 1.57 1.20 0.00 ** * * ** 83.08 14.52 11.00 M * * V Schedule numbers 186, 140, 109, 255 of land in Class I, 253, 263, 27, 237, 170, 185, 300, 122, 262, 68, 73, 121, 291, 139 of land in Class II, and 90, 292, 293, 67, 138, 299 of land in Class III, which are cash-rented farms, have not been included. * Rented for the year specified. 7^ Impossible to separate total cash costs into A and B units. • 0 mers operate a hatchery and do tractor work off the farm. ** Data incomplete. -15- i I I I i i ) I Truck FarmB in the Mereed Irrigation District on the Three Classes of Land Arranged in Order of Labor Costs per Acre, 1931, 1930, and 1929 1931 1930 1929 Iched M Labor costs per acre Sched Labor costs per acre Sched Labor costs ule ule 10 o ule n «> no. U o < Total Hired Family Board no. o < Total Hired rajnliy Board no. o < Total Hired Lane in Cli iBB 1 79 19 141.05 lo.oo ♦41.05 $0.00 20 $57. 30 12.70 904. OU 193 20 $84.15 $29.55 193 20 39.00 0.00 39.00 117 38 43.37 0.26 0.00 117 38 43.37 0.26 117 38 31.32 0.53 30.79 0.00 75 26 42.00 0.00 0.00 75 26 42,00 0.00 75 26 30.00 0.00 30.00 0.00 26 27 40.45 0.00 A AA u .uu 26 27 40.45 0.00 26 27 28.89 0.00 28.89 0.00 79 34 32.59 0.47 32.12 0.00 79 34 32.12 0.00 316 260 12.93 9.33 3.00 0.00 316 260 18.59 14.39 4.20 0.00 51 127 17.19 0.00 51 127 12.83 0.55 12.28 0.00 61 127 18.37 1.18 17.19 0.00 316 260 13.36 9.16 110 118 11.27 6.44 3.30 1.53 110 118 12.59 6.44 4.62 1.53 110 118 12.17 6.02 72 21 6.19 0.00 0.00 72 21 7.14 7.14 0.00 0.00 79* cx • * 298* 60 * ♦ * 298# 60 # # # # 298# 60 # # Land in Class II 71 21 132.14 2.14 130.00 0.00 71 21 184.38 2.38 182.00 0.00 71 21 183.90 1.90 56 20 00. OU 0.00 58.50 0.00 56 20 81.90 0.00 81.90 0.00 119 47 72.90 2.13 119 47 53.62 2.55 49.79 1.28 119 47 72.90 2.13 69.71 1.06 261 20 68.25 0.00 261 20 50.50 1.75 48.75 0.00 52 50 68.52 3.00 65.52 0.00 52 50 66.52 1.00 52 50 47.80 1.00 46.80 0.00 261 20 68.25 0.00 68.25 0.00 145 39 56.00 0.00 57 30 45.67 6.67 39.00 0.00 58 26 63.31 10.81 52.50 0.00 55 39 56.00 0.00 201 20 44.25 5.25 39.00 0.00 145 39 56.00 0.00 56.00 0.00 179 78 41.88 9.23 58 26 43.50 6.00 37.50 0.00 55 39 56.00 0.00 56.00 0.00 81 39 28.00 0.00 145 39 40.00 0.00 40.00 0.00 49 20 54.60 0.00 54.60 0.00 59 40 27.30 0.00 55 39 40.00 0.00 40.00 0.00 179 78 41.88 9.23 30.34 2.31 168 53 26.67 0.91 49 20 39.00 0.00 39.00 0.00 81 39 28.00 0.00 28.00 0.00 142 61 20.37 2.46 59 40 34.12 0.00 34.12 0.00 59 40 27.50 0.00 27.30 0.00 115 78 14.64 0.64 179 78 22.18 0.51 21.67 0.00 168 53 25.76 0.00 25.76 0.00 107 196 9.47 2.04 81 39 .20.00 0.00 20.00 0.00 142 61 20.37 2.46 17.91 0.00 69 286 8.72 4.90 '.68 53 18.40 0.00 18.40 0.00 115 78 16.64 2.64 14.00 0.00 58 26 ** ** '.42 61 16.07 3.28 12.79 0.00 107 196 10.41 2.98 7.43 0.00 49 20 •• 115 78 12.36 2.36 10.00 0.00 69 286 9.93 6.11 3.82 0.00 56 20 *• • * .07 196 7.96 2.65 5.31 0.00 57 30 • * »* «♦ • * 57 30 «* 69 286 5.14 2.42 2.73 0.00 201 20 ** *» • * 201 20 ♦ » ** 152 36 4.58 4.58 0.00 0.00 252 36 • » ♦* ** 252 36 *• ** !51 26 3.31 3.31 0.00 0.00 251 26 • * *• ** ** 251 26 ** ** Land in Cla ss III .43 zsh 33.19 0.00 33.19 0.00 6 136 40.48 22.88 16.06 1.54 6 136 41.45 23.85 6 136 24.30 11.36 11.47 1.47 70 38 28.74 0.00 28.74 0.00 120 48 31.40 8.65 70 38 20.53 0.00 20.53 0.00 120 48 28.15 5.40 22.75 0.00 70 38 28.74 0.00 .20 48 16.25 0.00 16.25 0.00 143 23| ** *• ** •* 143 25j •* ** :83« 61 * • * * 283* 61 * • • • 283# 61 # # $54.60 43.11 42.00 40.45 32.12 17.19 4.20 4.62 • # 182.00 69.71 68.26 65.52 56.00 56.00 30.34 28.00 27.30 25.76 17.91 14.00 7.43 3.82 »* ** 16.06 22.75 28.74 • * # * Rented for the year specified. ** Data incomplete. # Lnpossible to separate total cash costs into A and B units. 1/ Schedule numbers 186. 140, 109, 255, Land in Class I, 253. 263, 27, 237, 170. 185, 300, 122, 262, 68, 73, 121, 291, 139, Und in Class IIj and 90, 292, 293, 67, 138, 299. Land in Class III. rtiich are cash-rented farms, have not been included. Truck Farms in the Merced Irrigation District on the Three Classes of Land Arranged in Order of Costs A+B+C+D per Acre, 1931, 1930, and 1929 1931 1930 1929 Schedule Costs A+B+C+D Schedule Costs A+B+C+D Schedule Costs A+B+C+D nmber Acres per acre nmber Acres per acre number Acres per acre Land in Class I 117 oo 4Ari 1 T 193 20 J74.40 193 20 $99 . 20 193 cyj 01 *70 117 38 69 • 64 117 38 71 .64 79 1 Q ^Ci 4.7 26 27 & 1 70 bl.ro 26 27 59.78 26 97 c 1 AQ A7 298 60 54.62 79 34 40.68 110 lift 79 34 41 . 77 298 60 35.27 316 CO\J tr\ c7 316 260 34.30 51 127 26.03 61 XC 1 9A 7R 110 118 33.07 110 118 25.26 72 CI 9A nA C\J .UU 51 127 28 . 11 316 260 24.63 186* DO O 07 72 21 17.38 186* 60 9.48 140* 9 A CO Q nn 186* 66 9. 79 140* 26 8.12 109*' 7 97 1 mC ( 140* 26 8.42 72* 21 7.05 298* An DU 255* 42 3.52 255* 42 3.57 255* A9 X e;7 109* 90 ♦ ♦ 109* 90 ** 75 26 75 26 * ♦ 75 26 ♦ * Land in Class IT 71 21 193.81 71 21 233.05 71 21 247.43 261 20 75.00 56 20 91.90 261 20 90.00 58 26 73.19 119 47 90.52 119 47 89.66 119 47 71.34 58 26 89.65 52 50 78.42 59 40 69.92 261 20 83.00 55 39 72.59 56 20 68.65 52 50 78.68 168 53 71.32 57 30 66.93 55 39 72.49 145 39 65.56 52 50 64.08 145 39 66.56 179 78 57.61 55 39 60.33 49 20 66.45 59 40 54.55 145 39 59.23 59 40 57.15 81 39 44.41 201 20 54.90 179 78 56.13 142 61 28.37 49 20 52.15 81 39 46.41 107 196 27.04 81 39 37.31 142 61 45.89 69 286 25.96 179 78 36.35 168 53 41.72 115 78 16.54 253* 40 27.80 69 286 30.21 263* 58 9.46 168 RX Oo 07 A c c 1 .40 107 196 28.49 253* 40 8.40 107 196 25.84 115 78 18.97 237* 20 6.45 69 286 22.98 263* 58 9.81 185* 20 6.40 142 61 22.61 73* 28' 8.57 170* 60 5.87 115 78 15.76 253* 40 8.55 500* 58 5.33 58 9.67 237* 20 6.55 121* 863 4.19 c r* 40 8.55 170* 60 6.15 122* 73 4.11 coc 36 8.50 500* 58 5.93 291* 52 3.13 Col 26 7.42 185* 20 4.40 139* 183 2.82 CO 1* 20 5.85 121* 863 4.07 68* 46 2.78 i fU* 60 5.82 122* 73 4.00 73* 28 2.04 loo* 20 5.80 262* 39 3.72 27* 40 *• 300* 58 5.59 291* 52 3.17 58 26 ** Icc* 73 4.22 68* 46 2.96 56 20 *• 262* 39 3.79 139* 183 2.90 57 30 • * 73* 28 3.54 252 36 ** 201 20 *• ici* 863 3.48 251 26 •• 49 20 ** 291* 52 3.10 27* 40 ** 252 36 * * 139* 183 2.87 57 30 ** 251 26 ** 68* 46 2.6S 201 20 ** 262* 39 L and in SlasB III 6 136 100.13 6 136 130.53 6 136 138.16 120 48 65.92 120 48 47.37 120 48 53.04 90* 45 48.11 70 38 40.42 70 38 46.68 143 23i 41.91 283* 61 9.08 283 61 17.41 70 38 35.05 90* 45 7.69 90* 45 7.76 283* 61 10.61 293* 38 4.29 293* 38 4.26 292* 58 3.76 292* 58 3.81 292* 58 3.76 293* 38 3.47 138* 42 3.33 138* 42 3.24 138* 42 3.10 299* 61 2.97 67* 157 3.01 67* 157 2.36 67* 157 2.69 299* 61 2.74 299* 61 1.67 143 25| ** 143 23* • * • Rented farms. ** Data incomplete. Tru(sk Farms in the Merced Irrigation District on the Three Classes of Land in Order of Ket Return per Acre over Costs A + B, 1931, 1930, and 1929 1931 1930 1929 Schedule Acres Net return Schedule Acres Ket return Schedule Acres Net return number per acre over numter per acre over number per acre over costs A + B costs A + B costs A + B Lane I in Cla ss I V5# 26 $67.51 75# 26 ♦77.08 75# 26 182.43 298» 60 15.20 72 21 11.57 72* 21 28.09 186» 66 7.58 186* 66 10.00 140* 26 25.00 72 21 7.47 316 260 9.01 316 260 19.44 109» 90 0.72 140* 26 7.69 255* 42 13.57 110 118 0.49 110 118 1.22 298 60 7.74 140* 26 0.00 255* 42 0.00 193 20 7.45 255* 42 0.00 51 127 -18.70 186* 66 5.91 316 260 -0.30 26 27 -21.15 110 118 5.29 193 20 -5.60 193 20 -21.40 26 27 -12.12 51 127 -15.83 298 60 -22.56 51 127 -17.31 26 27 -16.03 79 34 -24.57 79 54 -18.88 117 38 -19.72 117 58 -30.66 117 38 -40.32 79 19 -36.06 109* 90 109 90 ** Land in Clae s II 262* 39 8.97 263* 58 34.66 263* 58 44.66 69 286 8.55 185* 20 25.00 142 61 20.37 237* 20 7.35 237* 20 14.00 237* 20 14.00 168 53 6.83 142 61 10.37 170* 60 13.16 27* 40 4.95 139* 185 9.95 68* 46 10.87 300* 58 4.31 69 286 8.37 139* 183 9.82 185* 20 1.70 262* 39 7.69 122* 73 8.22 170» 60 1.53 73* 28 7.50 300* 58 8.00 121* 863 1.21 68* 46 7.26 73* 28 6.07 107 196 0.56 168 55 4.75 291* 52 5.81 139* 183 0.53 170* 60 4.06 121* 863 4.51 73* 28 0.28 291* 52 3.96 69 286 4.39 68* 46 0.00 121* 865 3.90 185* 20 0.00 122* 75 0.00 300* 58 1.24 253* 40 -0.38 291* 52 0.00 122* 75 0.99 115 78 -1.09 263* 58 -0.34 253* 40 -0.38 107 196 -1.58 142 61 -0.78 115 78 -3.75 81 39 -10.51 115 73 -4.55 139 183 -4.85 168 53 -23.46 251 26 -4.73 107 196 -8.31 55 59 -29.84 252 36 -5.70 81 39 -11.00 52 SO -30.56 81 39 -6.49 55 39 -16.43 59 40 -31.55 58 26 -7.12 59 40 -26.12 145 39 -44.97 55 39 -18.33 261 20 -35.60 261 20 -55.40 253* 40 -19.88 52 50 -40.88 119 47 -74.60 179 78 -23.45 145 59 -48.30 71 21 -126.24 52 50 -24.76 49 20 -54.35 251 26 ** 201 20 -29.65 119 47 -75.16 252 36 *• 261 20 -36.15 56 20 -87.65 179 78 57 30 -38.00 71 21 -138.95 201 20 • * 49 20 -40.25 57 30 ** 57 30 *• 145 39 -41.36 201 20 • * 49 20 •* 59 40 -42.85 179 78 ** 56 20 ** 56 20 -47.10 27* 40 ** 27* 40 *• 119 47 -50.30 252 56 262* 59 *• 71 21 -128.57 251 26 • * 58 26 • * Land in Cl&s B III 6# 136 8.90 136 42.30 6# 156 58.12 292* 58 5.69 292* 58 10.78 120 48 34.30 138* 42 2.62 90* 45 4.67 67* 38 7.25 90* 45 1.89 299* 61 3.03 90* 45 5.78 299* 61 1.85 138* 42 2.67 292* 58 5.26 67* 38 0.09 67- 38 1.63 29^ 61 2.67 283* 61 0.00 283* 61 0.00 138* 42 0.00 70 38 -11.79 120 48 -8.19 283 61 -5.30 120 48 -23.50 70 38 -11.98 70 38 -25.66 143 234 -35.83 143 23| •• 293* 58 ** 293* 38 293* 38 145 234 4* * Rented farms. *• Data incomplete. # Farm income due in part to rather extensive commercial activity not dependent upon productivity of land. Truck Farns in the Merced Irrigation District on the Three Classes of Land Arranged in Order of Net Return per Acre Over Costs A+B+C+D, 1931, 1930, and 1929 1951 1930 1929 Schedule number Acres Net return per acre over costs A+B+C+D Schedule number Acres Net return per acre over costs A+B+C+D Schedule number Acres Net r eturn per acre over costs A+B+C+D Lane In Cl8 LS8 I 298» 60 t 8.15 298 60 127.95 72* 21 121.52 72 21 -0.48 72 21 4.76 140* 26 16.88 186* 66 -1.39 186* 66 0.21 316 260 12.39 255* 42 -3.57 140* 26 -0.73 255* 42 10.00 109* 90 -6.29 316 260 -1.82 298 60 2.25 140* 26 -8.00 255* 42 -3.52 110 118 -1.95 516 260 -10.67 110 118 -7.93 186* 66 -3.67 110 118 -10.96 51 127 -27.59 193 20 -5.45 193 20 -18.20 79 34 -31.98 26 27 -24.97 51 127 -24.49 193 20 -34.60 79 34 -25.97 26 27 -28.37 26 27 -35.85 51 127 -26.08 117 38 -35.95 117 38 -47.35 117 38 -56.64 79 19 -45.21 109* 90 109* 90 ** 75# 26 ** 75# 26 ** 75# 26 Lane in Class 11 262* 39 5.18 263* 58 25.19 263* 58 35.54 237* 20 4.95 185* 20 20.60 142 61 13.94 168 53 0.36 237* 20 8.46 237* 20 8.55 69 286 -0.04 139* 183 7.07 68* 46 8.09 500* 58 -1.28 73* 28 5.72 170* 60 7.55 73* 28 -1.40 68* 46 4.30 139* 183 7.04 121* 863 -2.27 262* 39 3.97 73* 28 4.39 139* 183 -2.50 291* 52 0.79 122* 73 4.11 185* 20 -2.45 69 286 -0.16 291* 52 2.68 68* 46 -2.63 121* 863 -0.17 300* 58 2.67 291* 52 -3.10 168 53 -1.38 121* 863 0.32 27* 40 -3.60 170* 60 -1.82 69 286 -1.73 170* 60 -4.02 122* 73 -3.01 115 78 -2.99 122* 73 -4.22 300* 58 -4.69 185* 20 -6.40 142 61 -5.87 115 78 -5.60 253* 40 -8.40 116 78 -6.31 253* 40 -8.55 107 196 -10.06 251 26 -6.84 142 61 -12.74 81 39 -20.23 252 36 -7.81 107 196 -17.85 168 53 -38.55 107 196 -8.77 81 39 -20.79 52 50 -41.06 265* 58 -9.67 58 26 -24.73 55 39 -42.69 81 39 -15.77 55 39 -29.05 145 39 -52.74 253* 40 -27.80 59 40 -46.87 59 40 -54.55 58 26 -28.42 261 20 -47.45 261 20 -65.05 55 39 -30.10 52 50 -49.84 119 47 -88.06 179 78 -30.32 145 39 -56.30 71 21 -151.24 52 50 -33.16 49 20 -61.20 179 78 •* 201 20 -36.90 119 47 -88.99 27* 40 ** 49 -46 . 90 20 -91.90 262* 39 261 20 -47.45 71 21 -159.95 252 36 • • 57 30 -47.50 179 78 »• 57 30 • * 145 39 -49.23 27* 40 • * 251 26 • * 56 20 -51.16 57 SO 201 20 ** 59 40 -62.17 201 20 ** 56 20 ** 119 47 -63.47 251 26 • * 49 20 ** 71 21 -153.10 252 36 58 26 Land in Class III 292* 58 1.93 6# 136 26.09 120 48 30.54 299* 61 0.18 292* 58 6.97 6# 136 22.59 138* 42 -0.48 299* 61 0.06 67* 157 4.35 67* 157 -5.14 158* 42 -0.45 299* 61 -0.07 6# 136 -7.10 67* 157 -1.03 292* 58 -0.50 283* 61 -10.61 90* 45 -2.80 90* 45 -1.76 70 38 -19.26 283* 61 -9.08 138* 42 -3.24 120 48 -27.17 120 48 -16.60 285 61 -14.71 143 25i -38.93 70 38 -19.37 70 38 -32.60 90* 45 -43.78 293* 38 293* 38 ** 293* 38 *• 143 234 • * 143 23^ * * * Rented farms. # Farm income due in part to rather extensive commercial activity not dependent upon productivity of land. *• Data incomplete. Results of Operations of Corporation Farms in the Merced Irrigation District, 1929, 1930, 1931 Rather large acreages of land in the Merced District are operated or administered by corporations. In a number of cases these corporate enterprises represent stages in a development and colonization program. In others the acreages involved are lands which have come into the hands of these corporations through the necessity of foreclosing on loans previously made to other parties who viere unable to meet the oayments on them. The corporate operations here summarized do not include all corporation farming operations in the District, but do include nearly all of the important and well-established companies. The total acreages operated (excluding the barley and rice lands) are: for 1929, 8,785, for 1930, 11,100, for 1931, 11,496. The record is reduced to an acre basis and combined in order that the private affairs of the individual companies may not be unduly disclosed. The companies covered in this phase of the study are in nearly all cases recognized as being ably managed and well financed. They represent settled working units which are indicative of what can be expedted from operations under this type of set-up. Most of the lands operated by the companies shown in Table are in the better sections of the District. In nearly all cases the records here sho-.m are accu- rate in a bookkeeping sense since practically all of these companies employ trained and experienced bookkeepers, and their records have in general been made freely available to the investigators. It is a rather generally accepted view among students of farm management that most types of farming can be more effectively carried on by individuals operating something approximating the family size farm than by corporations vi/ith their relatively heavy overhead and lack of intimate contact vith the labor and the minor details of operation. This conclusion does not apply to all conditions I i of farming, and the advantages or disadvantages of corporation farming depend both on the kind of farming to be done and on the organization of the activities and the quality of management. Substantial advantages in buying and in selling are apparent in some cases. These tend to offset certain disadvantages in oper- ations . The results shown by these companies do not seem to lend encouragement to any assumption that the District itself either directly or through intermedi- aries might undertake operation on a large scale of lands coming into its hands. It could not hope to attain the quality and stability of management now in charge of most of these companies, nor could it afford the heavy investments and r*isks of loss which these companies are now carrying. The results actually achieved on lands that have been acquired by the District are shovm in Appendix G. These, of course, hrive tended to be some of the poorer and relatively over-assessed lands of the District, especially in the earlier years. In recent years, however, substantial amounts of relatively good land are coming into the hands of the District. Where organization for operation and supervision has not been developed, considerable acreages of land taken over by mortgagees lie virtually idle. One large lending agency of recognized conservativexiess has taken over on fore- closure in Merced County 1,406 acres, 17 farms in all, chiefly in the Merced Irrigation District, Of this land, practically 1,000 acres are idle and are not farmed in any way. -101- 1 I Table XLIII Income and Expense of Farms in the Merced Irrigation District Farms Operated by Corporations 1929 Farm j identifi- | cation Gross income per acre Cash expense per acre in- ciudinff labor Net return per acre bei'ore taxes Co\inty taxes per acre Ijet return per acre above county taxes C B D A E F .■#139.28 93.86 ^^123.42# 85.84 >^15 . 86 8.02 17.10 2.39 vt) O . / D 5.63 30.73 21.86* 7.55X ** ~ 29.73 1.00 2.46 -1.46 19.55 1.89X ** 2.31 5.66 3.48 2.20 -1.17 3.46 1930 C B D A E F 150.17 39 .48 185.61# 108.72 -35.44 -19.24 7.10 2.39 -42.54 -21.63 (43.79 44.23 -0.44 2.56 ■•3.00 ^ 10.51 6.15X 6.28X 0.76^ ** 5.39 3.26 2.18 3.21 1931 C D 84.15 131.21^!^ -47.06 7.10 -54.16 29.65 44.38 -14.73 2.56 -17.29 B 21.90 26.67 -4.77 2.39 -7.16 A 10.98 14.70 -3.72 3.02 -6.74 E 3.78X 0.32X 3.46 2.21 1.25 F 3.033^ 4/ Costs shown do not include depreciation, interest or general overhead, except in B and C in which cases a charge is made for supervision but none for depreciation or interest. * 17.37 per cent of total gross income is from outside rentals. ^ Lands leased — figure shovm is net to owners before taxes and cost of supervision. :^xpense does not include all operating expenses but only expense to owner. ** Data incomplete. f These figures do not include repair and maintenance ..vhich amount to i.8.35 per acre. -102- Summary of Results from Barley and Rice Grown on Larger Units The grov/ing of these crops represents at the present time a less settled type of farming than those discussed in the preceding sections. These, being annual crops, can be put in whenever operators think there is a prospect of profit in such operations. Production can like.vise be discontinued -vhen it does not appear profitable to operate, especially in the case of those who rent lands from others for the purpose of growing these crops. Owners of these lands are, of course, under considerable pressure, owing to tax charges on them, to keep them in operation if they will yield anything above the costs entailed. Thus some are operated by the owners of the lands and some are leased on shares. In the latter case losses or gains on operations may occur which will not be reflected directly in the returns to the owners of the land and in their abilities to pay. The very low prices of the oast year or two have brought the returns down to a point where operating losses were incurred by the landovmers if they operated the lands and by the lessees if the lands were operated on share lease. Ordin- arily, however, such lands will shov/ some return above operating costs, and can contribute something in the form of District taxes. Records have been secured showing sTjecific costs chargeable to the following acreages of these two crops for the years indicated. Barley. Operated by ovmers Leased Total Year Acres Acres Acres 1929 4,989 — 4,989 1930 441 4,173 4,614 1931 — a, 687 3,687 19,52 4,032 3,570 7.602 Rice ; 1929 6,351 1930 ...... 596 1931 1,876 The results of these operations are shown in tables XLIV and XLV. -103' 1 I ■ • \ I i Table XLIV Incoiae and Expense in Growing Barley in the Merced Irrigation District Operated farms Numbe r of acres Gross income ArB costs per acre Net income per acre above A'-B County taxes above AfB and county taxes Year Yield per acre ( sacks ) ■Weighted average price per cwt . Total income per acre 1929 4,989 4.21 •51.52 •j6.39 .Iil4.90 ;;p-8.51 •31.80 ,:;-10.31 1930 441 10.00 1.00 11.20 9.80 1.40 1.07 0.33 1932 4,032 7.26 0.45 3.51 7.31 -3.80 2.23 -6.03 Leased farms 1930 4,143 12.77 1.00 4.52 0.53* 3.99 1.85 2.14 1931 3,687 6.03 1.22 2.48 0.68* 1.80 1.61 0.19 1932 3,570 10.56 0.46 1.62 0.00* 1.62 0.76 0.86 * Costs to ovmers of land. Do not include lessees' costs of operation. In some years the operators on leased land suffered considerable losses which are not shown in these summaries. Such losses tend, of course, to be reflected later in reduced bids for the use of land. ■ 1 ■ " ■ \ 1 : i i ■: : - „ J.- - ; . , , i, , .;s-;:;';'i ! 1.1:^.^ ; \ L... Table XLV Income and Expenses Rice Lands Merced Irrigation District 1929, 1930, 1931 Item 1929 1930 1931 Acreage 6,351 596 1,876 Rice improvement cost per acre s(;49.04 ^51.04 Net income per acre before tolls and taxes 9.86=" 11.42* 1.33* Tolls per acre 1.20 0.36 0.79 Net income oer acre over tolls 8.66 11.06 0.54 County taxes per acre 0.95 0.95 0.95 Net income per acre over tolls and county taxes 7.71 10.11 -0.41 Interest on improvements per acre (at 6 per cent) 2.63 5.43 2.55 Net income per acre over tolls, county taxes, and interest on improvements 5.08 4.68 -2.96 * To ovmers of lands. -I OS- 1.. The acreages devoted to rice are in general classified in this survey and in the Cone-Underhill survey as falling in Class III. This is due to the fact that the lands suited to rice are not -.veil suited to most other types of produc- tion. Some of the lands are capable, hovrever, of yielding very good croos of rice, and under certain price conditions cun be operated profitably for that purpose. The present and prospective orice situation for rice must, ho'vever, be taken into account in .judging t"ue possibilities for profitable rice production, average prices for paddy rice in the Merced area have changed over the past fev,' years as follov/s : Year Price per c\/t . 1926 sS.ai 1937 1.52* 1928 2.13 1929 2.29 1930 1.85 1931 1.35 1932 .85 * Price of No. 1 rice at Merced v/as ..;ii2.65, but because of damage due to '.vet weather s^l'52 vvas the average price actually received. The price outlook for rice as discussed in the 1932 outlook report of the University of California is given in Appendix S of this report. In considering the possible developments as to rice production the follow- ing aspects of the Tratter require consideration: 1. Land should not be in rice more than half the time. At other times some other crop will ordinarily be grovvn, usually barley or milo, these being among the croos most tolerant of alkali, 2. Much of the rice land has been operated on a one -fourth to one- third share rent. The returns shoivn do not take into account .•/hat were frequently heavy losses on the part of the growers operating these lands on shares. (The oimer ordinarily furnishes the water.) 3. The rice lands have a very hiph alkali content and should be flushed with an extra foot of water above the amounts required to raise tie crop. This costs, at present toll rates, >2 per acre, and, .\ath operators losing on the crop, is usually omitted. This affects the crop adversely and lowers the yields. 4. Growers state that from 2 to 3 cents per pound is needed to make rice growing profitable at present costs, and tax rates on this type of land. Present prices are materially below this. Costs will, however, probably be somevirhat further reduced. 5. Yields run ordinarily 2,500 to 3,000 pounds per acre. On new land they may reach 5,500 pounds. In summary it may be said that when rice growing first came into promi- nence in the District in 1924, 1925, and 1926, it gave great promise as a source of profit on what were otherwise some of the poorest lands of the District. The very disappointing prices of recent years render this an income source of much less promise. The oroduction of rice has also given rise to a number of diffi- cult problems of District operation ov;ing to the seepage injury on adjoining lands. This has led to the zoning out of considerable areas. In these the pro- duction of rice is prohibited. -101- Income From Pasture Lands, 1929, 1930, 1931 In sorting the farms of 20 acres or more into groups, a substantial number was found to consist primarily of pasture land. These were treated as a separate tyoe group, but samples from them were not drawn, and records covering them were not taken. The rental on lands of that type is fairly uniform in given years and rather definitely obtainable as a net cash return for the land before taxes and upkeep. Upkeeo on farms of this type is a manor item. The farms falling in this group included in all 15,087 acres. ^Rentals on land of this kind in the District have averaged about 5^1.50 per acre for the years 1929, 1930, and 1931, and for the year 1932-33 about 1.00 per acre Income from these lands before taxes is therefore estimated as follows: 1929 -- i|22, 330.00 1930 — 22,630.00 1931 — 22,630.00 1932 — 15,087.00 iviaterial changes in the prices of cattle would have some effect on these returns, but the rentals tend to remain constant except as rather significant changes in livestock occur. Most of these lands are not well suited for any- thing but grazing. County taxes on these lands average approximately :.58 per acre.* The difference, or :}.42 per acre, represents rather accurately what these lands can be depended upon to contribute in District assessments if held in private ownership. The advantages which these lands can derive from irrigation are rather limited. In some cases the difficulties from alkali are increased by the water rather than mitigated. The lands included in this group are nearly all in Class III. * average of county tax in 1931 on 4,092 acres of land of this type. Probable Ability of Lands in the Merced Irrigation District to Pay District Assessments in the Coming Years The tables oresented in the preceding pages undertake to summarize and present in an understandable .vay the income and exoense situation on a repre- sentative group of farms in the Merced Irrigation District for the years 1929, 1930, and 1931. One of the noticeable aspects of this, as of all studies includ- ing numerous individual farms, is the wide range of conditions and abilities shovm. These farms show nearly all conceivable conditions: farms that are oper- ated in an intensive r/ay -.vith large in outs of labor and expense, farms which either have only part of their acreage operated or possibly are being allov/ed to deteriorate through less than needed care, and, in a few cases, farms which are lying practically idle and show little of either expense or income except those exoense items which go on regardless of whether or not the farm is operated. These conditions are reflected in a viide range of incomes per acre. The efficiencies of the farmers, themselves, like.vise vary a great deal. In some cases high expenditures accompanied by high returns per acre show con- moderate siderable losses. In other cases/incomes and low costs may show some profit. Such differences invariably appear in studios involving many farms, and there is no way in v/hich farms and farmers can be brought to a coiranon level of efficiency, though the gradual settling dovm of an area, the elimination of the less effi- cient operators, and the more general adoption of the better methods and of the more efficient sizes of farm units, usually tends to bring about greater uni- formity in the farming methods, returns, and expenditures. v.Tiile such gradual standardization in methods and improvement in efficiency may well be anticipated over a period of years, it should not be assumed that any procedure or any length of time will make all of the farmers of any aroa as efficient as the best of those in such area. The most that can be hoped for is a gradual improvemunt through education, imitation, and elimination v/hich will bring more of them into the group sho'ving some not incomo ovor costs. This same general obswrvation applies, of course, also to Ivlerced District. In general, the more extreme situations both as to high net incomes per aero and high losses per acre are likely to involve rather abnormal situations which could not be duDlicated over the area as a whole. For example, a few of the higher net incomes per acre are the result of certain types of semi-commercial activity v.'hich these farmers are engaged in and for which there is a limited de- mand. These do not necessarily depend on the quality of the land on which these farmers are located. It is not unusual, therefore, to find some comparatively large income on relatively ::oor land as well as on good land. On the other hand, the extremes in the matter of losses are aot to be due to unusual circumstances. For example, in 1932 certain of the efficient farmers made shipments involving extremely heavy per acre expenses for production and did not receive any net re- turn from the product. This was due to the fact that sales price did not cover freight aad selling charges. Such cases, of course, show a very heavy expense and a very heavy loss per acre. The more representative situation is to be found in the intermediate zo le lying between these extremes, and in general this in- volves the larger number of the farmers and the greater part of the acreage. It renrosents more nearly what can be expected on a fairly widespread scale. In order that this may be more clearly visualized, graphs have been made showing the nmgo of incomes over expenses on individual farms for each of the three years covered in the study. These are presented in charts I, II, and III. The results shown indicate that the financial situation of farmers in the District was not altogether healthy even in 19?,9, though difficulties in the meeting of District assessments had not at that time becoine acute. A clear under- standing of that situation requires consideration of a number of factors. It is -ilO- 60 70 80 NUMBER OF FARMS 140 J AN ARRAY OF NET RETURNS PER ACRE OVER COSTS A AND B AND. TAXES. FOR ALL FARMS ON LAND IN CLASSES E AND IT ,1931,1930 , AND 1929. CLASS JT AVERAGE FOR THE MIDDLE HALF OF THE ARRAY 1931 .-$8.70 1930' -809 1929 ~ - 3.42 0 10 20 30 40 50 60 70 80 90 100 110 120 130 NUMBER OF FARMS 175 50- clear that the adverse conditions created by the general agricultural depression have been aggravated by the fact that when the depression arrived the District had not yet adjusted itself to the changed conditions arising out of the construc- tion of the irrigation system. V,liile efforts to colonize were active immediately after the organization of the District, many of the new purchasers had not yet be- come well established on the land, much of the land was still held by non-residents, and some of the large holdings which, under normal conditions, would have become subdivided, continued to be devoted to extensive types of farming which could not earn the irrigation charges. The subdivisions made were in many cases not well suited to the most profitable types of operation, the units often were too small, and the lines of production probably not as well diversified as they should be. In interpreting the 1929 figures some consideration needs to be given to the fact that one of the type groups thows a lower volume of production than would be usual for it. This is the group dependent primarily on peach produc- tion. The production of peaches was practically eliminated on many farms by the heavy frosts of that year. On the other hand, those grov/ers who -were able to save their crops received a very high return, the price per ton being one of the highest of recent years. 19;50 was in some respects a more normal year than either 1929 or 1931. It probably represents in production a year somewhat better than the average. It was, however, a year of such unadjusted price conditions that it is a difficult year to use in computations since it represents neither conditions before the break nor anything approaching settled conditions after the break. Costs ;vere still practically at 1929 levels. Prices, on the other hand, had taken very consider- able drops of more than one-third. The depression -/ith its unprecedentedly low prices, together with the various influences which have caused uncertainty as to the ability of the District -113- « to meet these irrigation charges, has made it impossible for many of the land- owners either to develop their lands to a point at which they could be operated efficiently, or to dispose of their farms to others. This is particularly true of many non-resident ovmers vAo bought with a vie;v to investing for a period of years and later taking a more active part in the operation of the farms, and also of those landov-mers who bought with a view to developing and resell- ing. Under present conditions in the District it is not easy to find tenants who are financially able to undertake the operation of farms requiring the heavy cash outlays necessary for the more intensive types of farming. Bank loans for the ordinary tenant are practically unobtainable without some backing other than that of his ovm resources and prospects. This situation accounts for some of the unoperated farms and for a number of those v/hich, even though on fairly good land, are used only for pasture or are allowed to go into weeds, Bermuda grass, or Johnson grass. It is entirely possible that this situation might be considerably improved if a financial outlook for the District could be achieved which would lead to some marketability of its lands even though that be at very low prices. Land would then probably move more quickly into the hands of people suitably located and financially able to operate it efficiently, and thus to increase its earning power. Effective operation will usually be possible only to those living in the District or having v/ell organized supervisory arrangements in the District. If land in the District can again be made marketable it is probable, therefore, that many parcels held by non-residents will gradually be sold into the hands of local people equipped to operate them and in this way sizes of farm unit v;ill gradually become better adapted to the conditions in the District. To describe an existing situation is one thing. To estimate a probable future situation is quite another, especially ivhere prices and price relation- ships are concerned. No one can look into the future v/ith any high degree of certainty, and estimates of the future can be only on the basis of certain as- sumptions. But in a case where commitments for pajnnents extending far into the future are concerned there is no choice but to attempt to foresee probable de- velopments and make some decision with reference to them. In physical matters it is possible in many cases to see ahead for some years with moderate certainty on the basis of certain trends in production, con- sumotion, etc. For example, the curve of population growth over the last hundred years can be plotted, and fairly good estimates can be made of the population of the United States ten years or even twenty or thirty years from now. Or the flow of water in a stream can be measured for a long period of time, and a rather de- pendable estimate of future flows and their fluctuations can be made. But even the trend of the population curve may be altered by a change in immigration laws, a pestilence, or a change in attitudes toward marriage and the bringing of children into the world. In the world of prices the changes are much more unpredictable. Group psychology plays a large part. International movements of gold and the >vays of using gold as a base for credit are extremely important. Far-reaching necessary adjustments to changed conditions in the technique of production, as yet but dimly understood, affect our business and the volume and turnover of credit in -rays which, as wc have only recently seen, cannot be accurately predicted. It is evident that during the period 1923 to 1929 a very large volume of credit and a high level of prices v/a.s maintained in relation to the vrorld's gold supplies. This was due to many factors, too numerous and obscure to go into this report. Among them ms-y be mentioned a much freer flow of international trade than now prevails, heavy lending in foreign countries by investors located in the United States. Considerable use by various countries of the gold exchange standard which does not involve direct convertibility of the country's money into -115- gold but instead convertibility into exchange on a country whose money is ex- changeable for gold. "Yithin this country business activity was proceeding at a rapid pace as various accumulated shortages from the war period were taken care of, new highways were built, and heavy expenditures were made for new factories, homes, etc. Most of these aids to tne maintenance of a larger volume of credit and a higher level of prices have largely disappeared in the past three years along with certain demand and production conditions which either caused or accompanied them. The various nations of the world have developed the hoarding of gold to an almost unprecedented degree thus hampering world trade, by restrict- ing imports on a scale not known to the world since more than a hundred years ago. It seems likely that, barring extreme devaluations of money and widesoread social changes, the level of prices will rise again only with slov/ly and pain- fully developed cooperation among the leading nations of the world, difficult and paralyzing readjustments in production, and the gradual renewal of confidence on the part of the people of the country. The general level of wholesale prices in the United States stood at about •V 145 per cent of the pre-war level during the period 1922 to 1928 inclusive.'/ '1/ ^ See "The Agricultural Situation" issued by the United States Bureau of Agricultural Economics, for January, 1933, p. 23. This level has since declined to 93 per cent of the pre-war level (as of November, 1932). During the period 1922-1928, prices paid to farmers for farm products were, of course, at a somewhat loiver level v/ith reference to pre-war prices, their index being about 135 as compared to 145 for wholesale prices of all coiTffliDdities . The index of farm prices has since fallen to 54 (November, 1932) as compared to the above-mentioned 93 for all commodities. The all-commodities index Table XLVI General Trend of Prices and V/ages* (1910-1914»100) Year and month 'Vhole- sale prices of all commodi- ties,!/ Prices uaid by farmers for commodities used in — Farm wages Taxes, Index numbers of farm prices , all groups Industrial wagesx Living rvo Que tion L/ A ^ KJL »X \y tion 1910 103 — — 98 98 98 Q •? 1 03 1911 95 -- 100 103 101 y / J o 1912 101 — — 101 98 100 TAT lUl QQ 1913 102 - - 100 102 100 1 A/1 1U4 1914 99 — 102 99 101 101 1 AA 1915 102 101 107 103 106 1 AO 10 is T A9 1 nn 1916 125 114 125 121 123 ■ lie 1 AA ") 1 7 1917 172 129 148 152 150 1 ^ A 14U T AC X / D 1918 192 160 180 176 178 I lb Llo 9 no 1919 202 185 214 iy iS cUO iOU 192« 225 222 227 175 206 O '2 Q ioo 1921 142 203 165 i4<i ±DD ^ KA c, 1 1 X J-D 1922 141 197 160 140 152 ±'± u 23? 124 1923 147 214 161 142 153 ±0D CrkO 135 1924 143 218 162 143 154 1 66 249 134 1925 151 223 165 149 159 -LD o 1 47 1926 146 229 164 144 156 111 XOD 1927 139 231 161 144 154 1 7A 1928 141 232 162 146 156 c u o 1 39 1929 139 236 160 146 155 1 7A 1 l\J 9 fi7 CO 1 X o o 1930 126 226 151 140 146 IDC, 9 COO 117 X X 1 1931 107 207 129 122 126 116 1932 DO January- 98 191 118 98 February 97 189 116 60 March 96 189 115 112 114 61 April 96 183 113 94 59 May 94 177 112 56 June 93 174 111 109 110 52 July 94 171 109 87 57 August 95 173 108 59 September 95 177 109 106 108 59 October 94 177 107 84 56 November 93 171 106 54 * United States Bureau of Agricultural Economics, Washington, "The Agri- cultural Situation" for January, 1933, pp. 23 and 24. J/ Bureau of Labor Statistics. Index obtained by dividing the new series 1926=100, by its pre-war average, 1910-1914, 68.5. ^/Average weekly earnings. New York State factories. June, 1914-100. ^ Index of estimate of total taxes paid on all farm property, 1914-100. -')']- includes agricultural products, and the orices of non-agricultural commodities are therefore higher than those indicated for the all-conimodities level. The level of orices paid by farmers for cormodities used in living and production had declined by 1930 to 146 per cent of their pre-war level, in 1931 to 1926, and in November, 1932 had reached a level of 106. Farm wages (for the United States) had come down by 1930 to a level of 152 per cent of pre-war, in 1931 to 116, and by November, 1932 to 84 per cent. (For the convenience of the reader page 23 of the agricultural Situation issued by the United States Bureau of agri- cultural Economics for January, 1933 is reproduced as 'T'able /CLVI . ) Having before us the picture as above presented, the question is, what can be regarded as a reasonable prospect for the future? The 1932 business on these farms, while not specifically covered in this survey, is known to have re- sulted in large operating losses on nearly all of the farms even though District assessments not be included in the costs. Costs, especially those for labor, had been lowered in 1932 as compared to 1931. Labor costs were down by as much as 20 to 25 per cent; other types by smaller percentages; some not at all. But prices for the principal products of the District, as a weighted average, had declined in 1932 to more than 30 per cent below the levels of 1931. It seems reasonable to expect some improvement in orices and some adjustments in costs which will place the farmer in a better position than that which prevailed in 1932. Prospects for 1933 do not appear materially different from those of 1932. It would seem reasonable, however, to expect sufficient price improvement and cost adjustment over a period of years ahead to bring the farmers of the area to as good a net-earnings position as that of 1931. In view of the considerations pointed out in discussing the general price situation (pp. 28-34) price advances materially in excess of that so indicated do not seem probable in the years immediately ahead, except as extreme and wholly unpredictable developments such as wars or extensive mionetary changes may occur. If the general view indicated above be accepted it appears reasonable to think in terms of the 1931 earnings situation as compared to that of 1929 in arriving at an adjustment of the District's indebtedness. These are shovm on page 122 and in the figures on pages 111 and 112. As a further basis of adjustment it is believed that the following general conclusions from the study are ./arranted: 1. That the farmers of the District whose holdings are principally made up of Class I land and who had developed their holdings to something near their full producing capacity would in general have been able to carry on ^vith the income and tax levels of 1929. The data gathered in this survey do not, however, disclose a large number of farmers, even on Class I lands, who have their holdings developed to a high percentage of their possible productive capacities. Considering the Class I lands as a whole, / /<7 they were not, in 1939, earning a net amount sufficient to cover District assessments, but there apoeared to be sufficient confidence in their future development to induce inputs of funds (from sources outside the District, from wages and salaries, and from savings) sufficient to cover most of the as sess^nents not earned by the lands. The financial histories of many of the farmers visited in the survey (not reproduced in this re- port) sho^v considerable amounts of outside funds still being invested in 1929. This is, of course, the usual situation in young districts. The survey indicates that rather large additional inputs of capital will be necessary to bring even the Class I lands into the fullest possi- ble production. Some doubt exists, hor/ever, as to whether the demand for agricultural products will warrant, even in many years to come, very much further develooment along the most intensive lines: that is, of plantings of trees and vines. It seems more likely that further development will^ be along such semi-intensive lines as alfalfa and dairy production and in the form of better organization and more economical opuration of the farms. Some doubt exists as to the ability of farmers on Class II lands, even if such land were fully developed, to carry on successfully on the basis of the income and tax levels of 1929. It seems clear, however, that, as to Class III lands, the tax levels of 1929 would be excessive even -dth the price level of that year. 2. That, in view of the general outlook in agriculture, the needed additions to improvements, readjustments in sizes of holdings to give more economic farm units, and changes in types and methods of farming which will give higher yields are not likely to be rapid even on farms already developed or in process of development. As to the larger acreages which are still being extensively farmed, the changes needed to give them an earning capacity sufficient to oay substantial charges for water are likely to take place even less rapidly, both because of the present and prospective lack of demand for more lands for agricultural production and because of the large capital expenditures necessary for puttin^ these holdings into the more intensive types of agriculture. 3. That \vhatever the level of prices, the basic factor in the ability of an irrigation district to pay for water lies in the ability of its lands to produce income in excess of essential items of cost. The land classifi- cation by Mr. Cone has given the first segregation of the lands of the District based on relative earning capacities. I'Tith a classification of 100 per cent representing the tv;o most important soil types of the District when considered from the standpoint of fertility and range of crop adaptability, Mr. Cone found that 22 per cent of the entire irrigable area (38,607 acres) is in Class I, 31 per cent (52,151 acres) in Class II, and 47 per cent (80,852 acres) in Class III.v' In view of the careful manner in v/hich the classification '.vas made and the long experience vmich Mr. Cone has had with the lands of the District and with their relative productivities, it is believed that the classification sets forth with reasonable accuracy the character of the land. ^The acreage in each one of the soil | follows, the land with a percentage clas: I, 60 to 85 in Class II, and under 60 in 150% 1,246 125 2,045 120 1,776 110 531 100 25,205 90 5,062 85 2,742 80 12,973 75 8,655 70 11,205 65 4,414 ;rades was found by ivlr. Cone to be as ification of 85 up being put in Class Class III. 60% 14,904 55 510 50 14,459 45 211 40 19,015 35 8,343 30 13,154 25 7,317 20 14,250 15 5,593 Total 171,610 4. That if the farmers of the District are to continue v/ith their present farming programs and are to be encouraged to gc forv/ard with the improve ments which are essential for stabilizing their positions, there must be some substantial reduction in the fixed charges v/hich they are compelled to pay. -//'?- presumably there will be some reduction in the amounts of county taxes and in certain other relatively rigid types of expense. Interest payuents on private debts have not been included in the computations shoi\fn. Where these cannot be met there v;ill be, as in the past, fore- closures and changes of ownership. This is resulting in a gradual re- duction in the private debt load and in interest payments on its account, but will not affect the District assessment situation except in so far as it may affect adversely the quality of operation of the farms. The follovi/ing summarization of various phases of the factual material developed in the survey indicate more fully the bases on which the above conclusions rest: The results for 19E9 show 54 out of 126 farms (43 per cent) -110- on Class I lands with returns less than sufficient to cover their cash expenses for supplies and labor, their county taxes, and a going rate on the family labor used. Numerous individual cases encountered showed considerable inputs of money not earned by the lands. Some.vhat offsetting; this is the fact that some of the acreage was undeveloped or in process of development and that some of the oper- ating expense could, therefore, be regarded as capital investment. The earning situation was also affected by the fact that certain of the crops, particularly those in Group I suffered from frost in that year. The effects of this should be not/completely discounted, however, since it is a condition which tends to recur in greater or less severity at intervals. Yath regard to the view that the conditions of 1931 represent a reasonable expectation for the years immediately ahead, there is, of course, much less of factual basis to go on. Conditions for 1933 will almost certainly be little better than those for 1932, unless there should be some major development not now foreseeable. Conditions beyond that point are predicated largely upon the course of events that has been characteristic of the later years of previous major deoressions. The price changes over the past feiv years for the District's principal crops will give some perspective as to the present price situation for these crops. Considering the period 1910-14 as 100, the weighted state average of prices paid to farmers for the principal crops grown in the District stood at 152 per cent in 1929. By 1930 it had come down to 97.9, and in 1931 to 79.4. 3y 1932 these prices were do\m to 55.2, a level so lov/ that it seems likely to make forcible curtailment of soirie of the production both within the District and elsewhere, and possibly thus to operate as a means of improving orices somewhat but at the cost of reduced volumes. Substantial tonnages both of fruits and of truck crops in the District went unharvested in 1932 even after the expense of producing them up to the harvest period had been incurred. It will be noted, -12 1- however, that for prices to regain the 1931 levels -.vould require an advance from 55.2 per cent of the 1910-14 base to 79.4, a genex-al advance of 44 per cent over the 1932 prices. If prices do not rise materially costs will undoubtedly be brought to still lower levels, but probably only slowly, v/ages of farm labor have, in 1932, declined from a rate of 25 cents per hour in 1931 to 20 cents and in many cases to 15 cents (without board or lodging). It may be questioned, however, if labor can be secured at these rates ivhen industrial activity revives. Commodi- ties purchased by farmers for use in production stood at 146 per cent of pre-war in 1929, and had dropped to 140 in 1930, to 122 in 1931, and to 106 by October, 1932. One can only say that it will require substantial improvement in condi- tions for them to reach a situation as good as that of 1931, There is little real evidence on which to base a judgment as to what average they will attain for the next ten or twenty years. Charts I, II, and III show graphically the net incomes per acre over costs A, B, and D, by farms, for the years 1929, 1930, and 1931 arranged in order of their size from left to right, the lowest being at the left. It will be seen that the largest variations occur at the two extremes whereas there is a middle section in which the lines run more nearly parallel. If the upper 25 per cent and the lower 25 per cent are eliminated, we have in the middle 50 per cent something approximating what the representative farm is doing and what can reasonably be expected of the bulk of the farmers. The incomes for the middle 50 per cent have accordingly been averaged for each of the years and for each class of land. -I2Z' The declines in income (averages for the middle halves of the arrays) are as follows: For Class I lands: From 1929 to 1930 — ^9.30 per acre 1929 to 1931 — 3.93 " " For Class II lands: From 1929 to 1930 — ^4.67 per acre " 1929 to 1931 — 5.28 " " For Class III lands: From 1929 to 1930 ~ ;'t.0.44 per acre " 1929 to 1931 — 1.14 " " If depreciation is included the declines in the return over A, B, C, and D costs are as folio ,vs: For Class I lands: From 1929 to 1930 — $6.64 per acre " 1929 to 1931 — 7.46 " " For Class II lands: From 1929 to 1930 — ,^6.06 per acre " 1929 to 1931 — 6.68 " " For Class III lands: From 1929 to 1930 — ^50. 71 per acre " 1929 to 1931 -- 2.47 " " Under the assumptions made, depreciation, any returns on the value of the land, and any requirement of interest necessary to induce farmers to carry on, must come out of the incom.e allowed for family labor, out of greater savings in cash expense than those indicated, or must be covered through a higher price basis than that assumed. Taking the relationship between net returns over costs A, B, and D, as shown for Class I lands, the difference between 1929 and 1931 (average for the middle half of the range) is ;!58.93 per acre. Certain modifications of this -123- should be made though their amounts are problematical. One of these is in the charge for county and school district taxes. The average of these for the Class I lands in the sample is qi3.93 per acre. Very -widespread efforts are being made to reduce taxes on prooerty. Accomplishments along this line are slow and often dis- appointing in amount. It seems not unreasonable, if prices remain at low levels, to look forward to a do.vnv/ard adjustment of county and school district taxes which would amount to as much as 25 per cent of the amounts levied in 1931. Pre- liminary reports from l;ashington indicate that the 1933 tax levies on farm proper- ty are dom about 20 per cent over the country as a whole. If county taxes are adjusted dc^vnward by as much as 25 per cent, this will lessen the charge on the Class I lands by approximately one dollar per acre. Such a possible saving is contingent, however, upon the state finding ways to bai-ince its budget without resort to an ad valorem property tax; since any tax on property levied by the state would offset by so much savings achieved locally. That the difficulties which have been encountered are not confined to District affairs is shown by similar heavy delinquencies in county taxes. There is prospect that some of the schools v/ill have to close early because of lack cf funds. For example, delinquency in the Cressey School District was 50.8 per cent on January 1, 1933, that in Farmdale District, 48.8 per cent, in Jordan District 45.1 per cent, and in ¥.rhitmer 28.1 per cent. Others are not so high but still show disturbingly large delinquencies. There are many evidences that the money to meet obligations is not available and cannot be raised except as conditions improve very substantially. Another consideration which needs to be recognized is that both incomes and expenses in 1931 were somev/hat affected by water shortage. This is extremely difficult to allow for because it appears not only in reduced output but in extra expense for pumping water. The lessened production appears to be largely in alfalfa since the District's water supply did not run out until the first of July from which time many of the major crops would be able to develop without addi- tional water. Reduced yield of this type is partly offset by the fact that 1929 production was somewhat decreased but in a different way and from a different cause; namely, frost damage. Further consideration will need to be given to this phase of the problem since the records available from the survey do not afford very definite information concerning it. In the case of lands in Class II the charge (average for the middle 50 per cent) is ,55.28 per acre. These lauds represent for the most part some rhat less t settled types of farming than most of those in Class I. They probably face the necessity for somewhat more extensive readjustments in crops, sizes of unit, etc. before they will be in settled operation. It would seem logical to apply to these lands in Class II ratings for purposes of District assessment that would be approximately in the proportion that the Cone survey gives to these lands as compared to the lands in Class I. The lands in Class III may be regarded as little suited to anything but pasture, rice, and other small grains, and their abilities to pay District assess- ments can be more definitely ascertained than for either of the other t-m classes. These abilities are reflected in the summaries shcivn for pasture, barley and rice lands. Earning powers in these cases are more directly dependent upon prices of the products than in the other cases, since expense is a less important item. Rentals from pasture lands are not likely to rise substantially or quickly. Any sharp increases in the prices for rice and barley would affect rentals for these lands materially so far as percentage changes are concerned. The lands have good producing ability for these purposes, but neither type of production can be carried on and show any substantial return over cash costs at present prices. For the lands in this class, the decrease in per acre net return between 1929 and 1931 was $1.14 per acre. County and local tax on these lands amounted, in 1931, to about $1,61 cents per acre. If these taxes are modified as discussed under the section on lands in Class I, the amount of such adjustment would be about .J .40 per acre. Except in the case of rice the earnings and expenses on these lands were less affected by the water shortage of 1931 than were those on Class I lands. The report here presented will appear, to most readers of it, a very dark picture. It would be much more satisfactory to the writer if a more cheerful prospect could be shown. It is necessary, however, to recognize that we are passing through one of the most widespread and drastic financial readjustments in the world's history. Obligations assumed by various nations, which at the time the agreements were made seemed manageable, have since proved to be im- possible of fulfillment. Mortgage foreclosures by agencies lending on farm mortgages have assumed wholesale proportions throughout the country, even where no irrigation enterprises with their attendant high fixed charges have been undertaken. Such mortgages were in most cases on a basis of 50 per cent or less of the values of these farms at the time the loans were made. It is now in nearly all cases impossible to sell the foreclosed farms at anything approaching the amounts originally loaned on them. - /26'- ^■^ENDIX — Survey Fortis Used Name Lega Farm 1 description of Number land Address Predominant Soil Type ( Family labor available ( months )_ ^IM0» moniins nireu j.d.uui wiiioii ( would be necessary to replace) Predominant Crop Grown Sex Age Acres in Total acreage of Investment : Dwellings: Owners farm Date Built Cost % Present Value 1 % Annual Depreciation % Tenants Garage Barns r Dairy Milking Shed Shelter Shed Calf Barn Silos Milk House Hay .. Poultry r r : ■I : ■ i \ -.1. . i Investment (Con't) Sheds ; Fruit Date Built Cost Present Value Annual Depreciation Sulphur Huller Machine Shop Other Buildings: Fencing Water Supply Equipment Pumping Plant Windmills & Tank Pressure System Wells: Domestic Irrigat ion Pipe lines: Remarks : -111- ! ! if 1 i ■ ■ t • ... I t ; ;• ■ •■—] . 1. - •-■ • _ ... . ! i - - ■• i " . t Z^'-^'m ."■.^."""'Vr ■'•^ — t i . -. . i* arm Maoniiicx ^ r Wasons No. Date Bought Purchase price Present Value Annual de- preciation Plows Discs Harrov/s Scrapers 1 LuibivabOi o I r lan ters Mowers Rake s Hay press Hay loader Hay sxaCKers Silage cutter Spreaders MilKlnp; rnacnine Cream separator Milk cooler Sterilizer Miscellaneous dairy supplies Spray outiits Brusn Durnei TTi ■» T "1 /-I -vi tiuiier xieaTjers .. . Tank v/ason Ladders i _j — — . 1 - ... ■ *- . 1 ' . — . ... , ^ . * . . • • <k - - V . i » , . . . ! i ( ) ■• 4' f i ! ^ ■ - .J..—.. Farm Mach.(Con't) Corn Binder Drills & Seeders No. Date Bought Purchase price Present Value Annual de- preciation Minor farm equipment: Lug boxes Trays Small Tcols & Miscellaneous Power equipment; Automobiles Trucks Tractors Gas engines Electric raotors_ Harne s s_ Livestock: Horses Mules Dairy cattle_: Cov/s, mature Heifers, 2 yr. No. Heifers (6mo-2yr) C a Ive s Bulls Value 1 - ■ - >- - — ^— f-- j* — ^ . J . -i '■ . . -H- f i 1 ■! i !"■" «' i •i- -; „; ,.J 'r -i— " t . . , f i • • i 1 i I t rr.-^ -■ ■■ ' 1 ' i 1 : 1 \ 1 i i v,..^. -. -- Jil •■. I Livestock (Con't) Other cattle: lo. 1 Value 1 j Hogs: Sov/s and Boars Feeders Pigs Sheep: Ev/es and rams Lambs Poultry: Chickens Turkeys Other Livestock: Land Improvements: No. Acres Cost per Acre When Done Levelling, ditching, chocking, etc. i — J — J — J -/3 0- Trees (kind) Cost per Acre Vfcen Plant ed '■■ Vines Alxaiia 1 I 1931 1930 1929 Aint . Rate per Unit Total Cost Amt . Rate per Unit Total Cost Ant . RatQ per Unit Total Cost (except M. I.D. ) Automobile & Truck Tn "^inf nno Ci * .» • 1 ! — Compensation Auto & Truck U W 1^ X wlX waXCi O V> a Hay Concentrates Rfinairs • Machinerv Buildings "Penc e s SuDDlies • Pert ilizer Seed Spray Material 1 Dust & Sulphur Rodent Poison Electric power Boxo s - ship ping Sacks Twine Wire 1 1 1 1 1 I I '131- \ ^ . \ . . . \ - ■ ■■ 1 .: r i t i i \ > '• i ( * ■ - -■ r V 1 i M t V . ,\ „ J- .-; ■ ■ ) . . . f . h Expenditures (Con' t) buppilOE ^uon' u; ija.soj.ine 1931 i 1930 i ■ — — 1 1929 i Arat . Rate j per Unit Total 3ost Amt . Ratel per Unit Total Cost Amt . ; 1 Rate per Unit rotai : ■^ost ! ! \ 1 i LiU D . U 1 1 Smudge oil jjauor nireu; Day labor: Special labor: Board of Laborers: ^ lilUIi Liio ) 1 1 f Gov/ Testing Livestock bought Rental on pasture oil Dne I arm. Baling expense Hauling to market ! ii 1, , _. 1 1 1 1 -135- • •- * — 1^ — — - . ! ,. I 1 1 ■ r i i 1 'i , If :t -r f- ' li (■ — , 1 — — "-V"- 7 - • ■■ . ,« . — - --in.! .. i I r, .„...] i it , — ; 1 j ■ i Income : Peaches : Frosh. 1931 1 1930 I 1929 An ! Tntn 1 J. U c^-L Sales Tin 1 1- Val. Val Sales Tin i t Val . Tot Val To tal Sales Unit Val. Tot Val 1 Canning DrTins; Grapes: Table Raisin Juice FiEs : Fresh Canning i Drying Apricots : Frosh Canning Drying Almonds : Nuts Meats Walnuts Olives Prunes Alfalfa 1 Other Hay Cotton 1 1 1 i . . ... • . . . . . } 1 ; • - .. — 4 •• •• . — 1 It ■ • h i • ■■ J V ! •• ■ i i : % ■ ! ili' - •4 ., "T ii J.- . .... • t f - -*i 4 -1 I 1 i,..J 'i 1 • K f 'l j I r i t i' i I .-i i 'i .'i. ..... J i ' i ; i i .4* ^.^^ A ) . J., . J; t • r ......... I Income (Con't) 1931 1930 ; 1929 Ac Total Sales Unit Val. Tot Val AC . TotalJ Sales Unlti Val. Tot' Val Tornl Sales Unit Val. ibt Val Corn I Rice f 1 Oats 1 i 1 Barley 1 i Vi/heat 1 Tomatoes Sw. Potatoes Beans Watermelons Cantaloupes Onions Peppers Livestock & Liv stock products Cows sold Other cattle sold , f J i Hogs 1 i ■ 1 Poultry 1 P i 1 Sheep i Creameries Sold to i * — i Market milk I Mfg. milk 1 i 1 t i 1 i i — Cream t t p i 1 j 1 i 1 i 1 1 i 1 Eggs 1 ! 1 4 i l| ^ 1 1 1 — 1 — Wool i — 1 \ 1 I i 1 1 1 1 t i i . i ! 1 i i ■135- " 1 •• • % \ 1 ... * ... .. J . ' . .. . ' ' ,'■ i* - \ i f " r i_ .. ., . J... - ■ " "-i- ■ i :i — - -..i..... i t ! . i, .' ...... i t J , i i • * . V r \ \ , j r i i i 1 - 1 . •. . i ... . j , r i lV^.T:'X.:i:'i:^J.rir^-rs-.-!;fje4»*i£.-. I • ! . ■f I ! 19:- 1 1930 1929 j Income from worii 01 1 uiio farm: Operator's family A.C Total Sales Qnit Val. Tot Val Ac Total Sales Unit Val. Tot Val AC . Total Sales Unit Val. Tot Val I Operator' s L- Hired lab- orers Sales , pasturag Misc . Income e i 1 1 1 — i 1 f i -J-:. i i i I Merced Economic Survey Last page_ Other obligations owed by farmer Owed to Amount Date Given Date Due Int. Hate For VThat Contracted Extent pay- ment in Arrears Mortgage debt_ First mortgege Second mortgage_ Third mortgage Chattel mortqa-'e Bank Store Other Amounts borrovjed for current production Prom v/hom, on what security 1929 1930 19S1 District Assessment Assessed Value .. , Land $ Taxes delinquent: ^^Hien delinquent County . District County Assessment Real 3state ) Personal ^_ Amouirt - . .... — . > . — .,A> • ■ 1 I 11 ■ « il 1 njjllll tl. »• T T 'T ' ' ' - - -■- ■ — — ■ 1 :--'.-r_v'3?i 1 1 ■ • Name Description AcreacB A c C! o Q QTnfs -n't" WnynVioY* O G D OilJLO li U i^J LUIIL'O ± 1931 r 1930 ^ 1929 Assessed Value 1931 Tax Levied Delinquency Tax Levied De linquency Tax Levied De linquency R. 3. Imp. Special Fers, Prop. i 1 \ I.I. I. D. TAX i 1 I — •■ — - - • — • — Vi . ■ , r .-.^r,. t 1- >■-•■■ ■i- ~- I- ; ^ \ b 1 ;. : ■ - ir-- ; i r. t i 'T" i: APPENDIX B Basis of Classification Used in Grading Farm Lands Included in the Economic Study of the Merced Irrigation District (As developed by J . S. Cone and R. L. Underhill) Class One — 85 per cent and above . I. Soils showing highest production and largest crop range. A. Land lying along and adjacent to Mariposa and Bear Creeks, and to a much lesser extent along Duck Slough, Owens Creek, Black Rascal Creek, and Merced River. B. The best grades of sandy type soil in the Livingston-Arena- Y/inton districts. C. Loam soils in Tuttle and McSwain districts. II. Chief characteristics of class one: A. Good depth of rooting zone. In general from four to eight feet, but sometimes with occasional small areas of hardpan or heavy clay closer than four feet. B. Freedom from alkali strong enough to be injurious to crops. C. Good drainage with proper care by Ovvners and by Merced Irri- gation District. D. Wide range of crops usually grown in Merced County. E. Soils that will take irrigation wrater readily. F. Good topography. Class Two -- 60 to 80 per cent inclusive — Soils showing fair production and crop range, and generally free from injurious alkali. I. Heavy loam soils, mostly east of an imaginary line, running north and south about three miles west of Merced. A. Depth to hardpan or heavy clay averaging more than three feet but ivith some small areas less than three feet. B. Soils which require extra care in irrigating and very careful leveling on account of imperviousness to water. C. Soils which have been injured to some extent from high -«vater table . D. Generally good topography. -131- E. Crop range more restricted than on soils adjacent to the Creeks. II. Sandy or sandy loam soils in the At^vater-Livingston-Amsterdam areas and in that portion of the Merced Irrigation District north of the Merced River. A. Irrigable, but land so undulating that best results from irri- gation cannot be had. B. Productive sandy land, but with considerable wind hazard. C. Top soil apparently good, but which cements badly from irrigation. D. Heavier grades of sandy loam soil, with hardpan found frequently at from two feet to four feet . E. Lands of wide crop range, but reduced crop yields, because of — 1. Over-cropping in past to a point of considerable soil depletion. 2. Presence of nematodes to such an extent that certain field crops and several of the deciduous fruit trees are seriously affected. 3. High water table. Class Three — under 60 per cent. I. Marginal crop areas, found on practically all boundary areas of the District and in the troughs between streams. Speaking generally, class three is not adapted to irrigated farming on tracts of 80 acres or less. This type is characterized by — A. Heavy, tight and/or shallow soils. B. Light blow sand. C. Alkali to an injurious extent. D. Rough topography. E. Poor drainage. II. Principal soil types in class three. A. Heavj'- clay and adobe soils on eastern boundary, particularly east of Planada. B. Heavy or tight, shallow, undulating areas in the general vicinity of Lake Yosemite. C. Rough land north of Merced River. D. Light blow sand in the southwestern portion of the District. E. Heavy alkaline area in the south part of the District. F Rice land area south of Merced, including land of similar nature, not zoned for rice on account of proximity to improved properties. G. Reddish, hardpan soils east of Cuba. H Heavy, tight soils in the troughs between streams running in 7generally east to west direction through the District. This type of soil frequently carries injurious alkali. III. Adaptability: A. Poor irrigated farming for crops other than rice and grain or forage for pasture. B. Fair to good rice and grain land. C. Pasture from fair to excellent. Dry farming grain land on areas too undulating for practical D irrigation. E. Large acreage dairy farms, where perhaps 25 per cent of the land will raise alfalfa, the balance to be used for natural pasture with Bermuda or Salt Grass. -If I- Table Land Qualities of the Farms froia which Records were Secured (as indicated by the indexes of quality developed by J. S. Cone and R. L. Underhill) Group I (85 and over) Index of land quality 150 150 150 140 125 125 125 125 125 125 120 120 120 120 120 115 115 115 115 115 110 110 110 110 110 110 110 110 110 110 110 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 Schedule number 2 128 234 135 320 13 110 158 64 11 72 21 131 258 147 221 132 187 285 267 82 124 3 125 188 30 149 204 286 34 136 108 279 25 302 226 193 129 238 236 95 297 218 244 215 152 157 240 Index of land quality 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 100 chedule number 260 12 264 8 153 169 315 112 219 242 208 154 113 245 93 89 86 189 109 243 227 66 241 255 134 205 10 259 130 150 217 127 171 140 249 186 14 195 26 118 117 33 5 105 79 84 296 294 Index of land quality Schedule number 100 100 100 100 100 100 100 90 90 90 90 90 90 90 90 90 90 90 90 90 90 90 90 90 90 90 90 90 90 90 90 90 90 90 90 90 90 90 85 85 85 85 85 35 85 85 85 231 91 133 256 247 75 35 162 323 23 22 18 61 313 257 176 220 60 212 210 51 116 172 97 200 17 65 9 163 83 287 206 198 316 98 284 209 213 321 96 271 298 268 63 156 16 159 Group II (60 - 80) inaex oi bcneuuie 1 /H ^\ T inciex ui Index of Schedule land quali'ty nurobe r land Quali'tv number 80 318 75 225 65 73 80 310 75 248 65 194 fin 75 24 65 230 o w u ^ 75 233 65 29 C( O w 75 58 65 144 RO ov 82 75 26 65 76 OVJ 75 59 65 52 32 75 106 65 174 an 211 75 197 65 36 So 31 75 51 65 43 an 7 75 216 65 74 RO 214 75 15 65 170 80 201 75 69 65 51 80 49 75 56 65 80 80 J. C/ 70 280 65 4 RO 295 70 281 65 139 RO 266 70 275 65 224 RO ??9 O t7 70 322 60 177 ov 70 168 60 1 RO ov 9? 70 254 60 324 RD ou ?fi3 U V 70 46 60 319 190 70 237 60 311 80 53 70 203 60 312 80 85 70 141 60 277 80 81 70 265 60 239 RO 119 70 253 60 291 RO 70 185 60 126 80 28 70 54 60 41 80 20 70 202 60 27 RO 38 70 250 60 19 RO 62 70 274 60 151 RO 1 83 70 300 60 142 RO 37 70 107 60 228 RO 94- 70 182 60 232 115 70 44 60 146 207 70 57 60 45 75 121 70 301 60 165 75 148 70 223 60 160 75 179 70 252 60 78 75 71 70 251 60 39 75 145 70 48 60 60 137 262 Group III (under 60) 55 138 50 288 40 161 55 50 50 289 40 184 55 314 50 199 35 143 50 283 50 111 30 282 50 278 45 173 30 47 50 40 40 42 30 276 50 90 40 292 30 181 50 88 40 293 30 184 50 299 40 70 30 317 50 178 40 67 30 180 50 87 40 273 25 155 50 175 . 40 99 25 167 50 164 40 6 20 290 50 196 40 120 20 166 50 192 40 191 50 272 40 222 APPEiroiX c Bases Used in Computing Investment and Depreciation Investment The investment is regarded as being that of January first of each year, that sho.vn by the survey being that of January 1. 1932, exceot for adjustments to allow for purchases or sales of equipment or livestock made during 1932. Changes of this kind in 1932 are very minor. Investment in each of the pre- ceding years is computed by adding the depreciation charged and subtracting the value of purchases made in the year considered. Investment will include the following types of items: 1. Land: The value of raw land is to be left for determination on the basis of the negotiations and on the relationships arrived at in the survey by Mr. Cone and Mr. IJnderhill. 2. Land Improvements . Land improvements are grouped in two classes: (1) Improvements requiring more or less continuous maintenance and eventual replacement. In this class come (a) buildin-s, (b) fencing, (c) leveling, checking, etc. which must be repeated from time to time in the normal course of the farm's operation, (d) expenditures for establishing orchards, vineyards, alfalfa fields, and uipe lines. (2) Improvements which, once made, do not require repetition. In this class are such improvements as the original leveling of rough land. Bases fo r Valuation and Computation of Depreciation The straight line method of depreciation has been used throughout in the case both of plantings and of equipment. Depreciation really occurs according to some more complex form of curve. Ho'.vever, since both plantings and equipment of nearly all ages are to be found in the sample, a depreciation which would account for the total value over the life of the planting or piece of equipment has seomed reasonably in accord with the general facts of the situation and is 1/ much simpler.' Valuations at the time plantings come into bearing are regarded '"^'^In the case of trees of various kinds, more detailed estimates of the rates of decline are to be found in the mimeograDhed reports on the various efficiency studies by the farm management specialists of the University of California. as conservative in all cases. The period over which depreciation is taken is, however, to some extent affected by risk and obsolescence which have proved to be of some importance in the District owing to the fact that it is not yet fully settled dovm as to its -b/pe of production. The dr-oreciation bases and production figures used are based upon \vhat seemed to be tho best obtainable concensus of opinion by well informed people and checked by such official records as could be secured. (The production figures have not been used in this study since actual returns have been used. They are presented merely for such i; terest as they may have for readers of the report.) Among those counseled with concerning these rates were Mr. L. Fluharty and Mr. Arthur Shultis of the Agricultural Extension Service, BerV'.eley: Mr. J. S. Cone, H. B. Stoddard, Vm. H. Alison, Jr., and others at Merced: Mr. V/ard Mnturn and Milo Rowell of Fresno- and Mr. F. P. Nutting of San Francisco. In addition, the records available at the University, the records of the State Federal Crop Re- porting Office, and of some of the merchandising agencies were consulted. Rules Set Up for C omputation of Investment and Depreciation I. Farm Buildings: Use actual cost if available. If not, give approximate age and assume the building to have been built at costs prevailing in 1920--30. For buildings built before 1920, estimate cost to build in period 1920-30 as original cost will ordinarily not be known, (in most of the cases, landOivners were able to give estimates of the values of buildings.) Depreciation on buildings is computed at 4 per cent. If a build- ing is more than 25 years old it is assumed to have become valueless and is not included in the investment, ''.ells and pipe lines: 2^ per cent for denreciation and obsolescence, --indraills and tank houses: 4 Der cent . Fences ; Original cost is computed on the follov/ing bases: For ordinary 4-,vire fence 85 cents per rod new. This includes one gate for each 100 rods, braces, staples, etc. (Materials for construction of such fencing at this date, 9-30-32, cost lO^y cents per rod where 4x5 redwood posts are used. Labor of building is figured to require the additional cents. Some of the fences have only three wires, and a few use lifrhter posts, but the specifications indicated above are the usual ones.) Hog-tight fence consisting usually of woven .vire with two barbed ■vires above is figured at .U.25 per rod, new value. About 10 per cent of all the fencing in the District is estimated to be hog-tight fence. Farm Machinery : (including gasoline engines tmd harness) allow 10 per cent on new valuo . Tractors, automobiles, and trucks, 12g per cent. Electric motors, 5 per cent. Minor Equipment : Sweat boxes, 10 per cent. Trays, etc., 20 per cent. (.Milk pails and cans, small tools, etc. included in annual charge for miscellaneous exoenses.) Orchards : » (a) Peaches; The average peach orchard will carry itself, under usual conditions, in the fifth year. The useful life of the tree is about 15 years. Production gradually increases from the fifth to the ninth the year, is at its peak from the ninth to/fifteenth year, and gradually decreases thereafter. After the t.ventieth year the average orchard no longer pays. A good yield for the 15 years (for Cling peaches) is 6 tons per acre or 90 tons total, and the average grower will make about 5 tons average or 75 tons for the life of the orchard. A survey by the Peach and Fig Growers Association made in 1920 showed average production for the San Joaquin Valley as follor/s: Freestone peaches, 5^ tons; Clingstone oeaches, ih tons. This, how- ever, does not take into account the frost damage of certain years. These figures assume very little fertilizer used which is the usual case in the Merced area. To compute depreciation: Regard inputs to orchards under five years old as capital investment; that is.sho-/ both as expense and in- creased value of the land. For orchards of five years or over, figure cost at five years to be '422d per acre. Charge off one- fifteenth of this each yea.r for the next fifteen years. For purpose of computing value of the trees as a land improvement use cost indi- cated above minus depreciation to date. (b) Apricots: Estimated time required to bring into bearing 5 to 7 years. Productive life 20 years.- For 16 crons out of 20 years, 14 tons of dried fruit would be considered very good. If fresh fruit, for 16 crops, 70 tons. To compute depreciation: Use a cost at 6 years of *250 per acre. Depreciate at rate of one-tv/entieth each year. (c) Grapes r To come inbo bearing takes three years. Can expect a good crop in fourth year. Thompson viney.'d will last 25 years there- after. Average production about one and one-fourth tons dried or five tons green. 1930 regarded as about normal. Malagas and juice grapes will average 4 tons. Yields will run a little higher when prices are higher. To compute depreciation use the follo-.ving formula: Figure value in fourth year at .!?210 per acre. Depreciate at rate of one tv/enty-fifth for each year. Almonds ; Should pay their way in the sixth year and be in full bear- ing in the tenth year. Should have 30 years of productive life. About one crop out of four is lost where orchards are not heated. An average yield over the 23 years v/ould be 700 pounds; on good land 1,000 pounds- on poor land or with poor care 400 pounds; state average yield 300 pounds. Frost hazard is comparatively large. To figure depreciation: Consider orchard in bearing at 6 years and its value at ^250 per acre. Depreciate thereafter at one- thirtieth of this per annum. Figs -- Kadotas: Orchards should carry themselves after the eighth year. About 15 years of be:.:.ring life (may be more). Average crops: Good lands, 3 tons per acre per year. Fair lands, 2 tons per acre per year. Poor lands, ih to 1 ton per acre per year. (May expect 3 or 4 half crop years in the life of the tree.) To figure depreciation figure a value of $420 per acre at eighth year. . Depreciate at rate of one-fifteenth of this each year thereafter, Adriatics: In bearing at tenth year. Productive life thirty years. Average yields in a mature orchard: Good lands, tons per acre per year. Fair lands, 1.;^ tons per acre per year. Poor lands, 1 ton per acre per year, ('■'fith hiffh production, quality is apt to decline; so heavy yielding orchards may not be the best.) Figure value at tenth year at ,525 per acre. Depreciate at rate of one-thirtieth of this per year thereafter. Black Missions : Use same basis of yields as for Adriatics, and depreciate over a period of fifty years. Calimyrnas: The probable future of the Calimryna industry is affected considerably by the disease problem, and the assumptions made here are based on the presumption that the diseases affecting these figs will be brought under control. Estimate of average yields: Gtood land, l'^; tons per acre Fair land, i: to % tons per acre Poor land, f to ^' ton per acre Figure ten years to producing age. Value at that time ^525 per acre. Depreciate at one-t.ventieth of this per year thereafter. (f) -Jalnuts: Will carry themselves in tv/elfth year, but owing to the fact tho.t they permit of considerable intercropping, the net cost at 12 years is considered to be about the same as for peacnes. Figure cost at s?225 per acre. Depreciate at one-fiftieth per year thereafter. (g) Prunes: Cost a little higher than for peaches. Figure costs at ^250 in seventh year. Depreciate at one-thirtieth for each year thereafter. If trees or vines are pulled before full depreciation has been taken deduct remaining balance from investment and shOA7 as a cost under expenses. (h) Alfalfa: In a cycle of eight years can figure on four full crops and one or two part crops., the other two years being those in which other crops are grovm. Assume that the in-between crn-^s carry themselves. Figure cost per acre for establishing; alfalfa ijJig.SO. Charge off one-sixth of this for each year of alfalfa production. Cost of original rough leveling, '422 per acre. Values to be Used: For family labor: 1929 — 35)^ per hour) 1930 — 55^ " " ) without board 1931 — 25izf " " ) 1932 — 20j2^ '' (Some of the poorer quality labor was hired at 15'/ in 1932) ■■■here cost of board is to be deducted use $1.00 per day except in 1932, when charge is -"^b per day. For livestock: Cows: Purebreds l^iSO-OO each Good dairy cows (unregistered, T. 3. -free) 75.00 " Fair dairy cows 50.00 " Poor dairy cows 25.00 " Two year old heifers 30.00 " Six months to 2 year old heifers 15.00 " Calves 5.00 " Bulls -- good 75.00 " Bulls — fair 50.00 " Horses — record-taker's estimate .... Sheep estimated market value S'lfine — estimted market value Chickens 4.00 per dozen APPENDIX D Price Changes California Farm Products, 1910-1932 Table 1 gives the state average prices of the principal products grown in the Merced Irrigation District (with the exception of figs) over the period 1910 to 1932. For figs neither the production data nor the price data are very de- pendable for very many years back. Table 2 gives an estimate of prices for the various varieties of figs since 1926 (as estimated by Mr. D. Ewing, Manager of the Planada Fruit Farms Inc. and filr. Wm. H. Alison, Jr., County Agricultural Agent for Merced County) . In the case of fresh peaches for 1932 the figure of $16 oer ton sho/m as state average is not representative of the prices received in the District where most of the movement was to the eastern markets and encountered disastrous price conditions. Two of the larger shipping agencies handling fresh peaches from the Merced District in 1932 received returns (on shipments totaling more than 200 cars) insufficient to cover freight and selling charges, leaving nothing for the expense of growing the crop. The third shipping agency netted v3.11 per ton on shipments totaling 158 cars . In this case, as in certain others, the state price does not represent accurately the prices received by growers in the District, Price data from the District alone, however, are hardly sufficient to give dependable averages since the range of prices for given products is very wide. Simple averages of the prices shorn by the survey records taken are given in Table 3, however, in order that the readers of the report may be able to compare these with the state figures shov/n. ^Teighted averages of the prices for the principal products of the District, excluding figs, arc as follows (state prices weighted on basis of 1930 relative -151- quantities produced). (1910-14 average = 100) 1929 - 152.9 19 30 - 97.9 1931 - 79.4 1932 - 55.2 -151- Table 1 Farm Prices of California Farm Products, 1910-32* Year Barley Rice Cotton Alfalfa Almonds Raisins Apricots f H T* T d 1 Peaches Peaches Elterta TlilV Milk fat X dol lar s dol lar s dol lar s dollars cents dollars dollars dollars doll ar s dollars cents per 100 per 100 per bale per ton per lb. rev ton per ton per ton per ton per 100 per lb. lbs. lbs. f .o.b. lbs. 1910 1.15 1 .44 66.50 9 . i!( ii . 0 1 AA ^n ? SI 35 3 J. J. i. 1.53 1.67 37.50 9.70 13.4 81 250 44 60 2.61 30,4 1912 1,46 2.02 62.50 11.20 10.7 62 160 24 36 2.75 36.1 1913 1.40 2.22 65.00 11.20 14.3 70 230 30 -- 2.38 36.7 1914 1.14 2.22 35.00 e.60 14.0 73 200 25 33 2.18 31.0 1915 1.19 2.00 56.00 8.60 10.5 77 140 12 iL 1 2.15 c 9 . y Id Lb 1 . 1 V 1 no nri 11 fin 13 8 95 250 29 54 2.22 33.4 1917 2.56 3.89 140.00 17.30 14.1 110 276 35 51 2.56 46.2 1918 2.61 4.22 150.00 17.80 19.3 117 290 50 81 2.95 57.2 1919 3.14 5.93 215.00 18.70 19.5 222 444 88 66 3.13 67.7 1920 2.45 2.69 150.00 20.20 14. 1 252 384 100 oO 0 . 5'-.' c^n p. D f • o 1921 1.27 2 .56 85.00 10.10 13.8 158 300 35 72 2.83 46.8 1922 1.36 2.44 130.00 12.60 14.9 64 380 60 26 2.85 46.6 1923 1.46 2.49 160.00 14.60 11 . 5 49 176 30 39 b , > . O 1924 2.26 3.69 120.00 19.00 14.4 60 264 45 55 2 . bo 'i r . o 1 y 0 78 110.00 14 . 60 19.5 72 540 35 61 2.66 53.8 1926 1.20 2.91 70.00 12.60 16.5 54 380 40 46 2.55 48.2 1927 1.87 2.51 105.00 13.40 15.6 46 280 22.50 64 2.67 50.4 1928 . 1.57 1.96 97.50 15.40 17.5 36 290 20 41 2.65 51.0 1929 1.42 2.33 90.00 17.50 22.3 64 310 68 50 2.68 50.8 1930 .98 1.84 53.50 12.20 10.5 50 204 20 40 2.48 39.2 1931 .96 1.24 32.50 10.10 8.1 60 140 14.50 38 2.06 28.3 1932** .60 .80 34.00 7.50 3.2 40 108 6. 50 16 1.65 21.7 * From computations by Dr. H. J. Stover, Giannini Foundation of Agricultural Economics, Univ. of Califnrni *♦ Preliminary. Sources of data: (See sheet attached.) Sources of price data; (Table l) Barley: Veight(3d crop-year averages of the monthly prices estimated by the U. S. Department of Agriculture converted from bushel to hundred- weight basis. Rice: December 1st prices as estimated by the U. S. Department of Agri- culture converted from bushel to hundredweight basis. Cotton: December 1st prices as estimated by the U. S. Department of Agri- culture converted from pound to bale basis. Alfalfa: Weighted crop-year averages of the monthly prices estimated by the U. S. Department of Agriculture. 1910-13 prices based on prices received by a grower at Modesto as oublished in California 3ul. 521. Almonds: '"/ellman. Prices since 1921 are weighted averages of the prices of six important varieties. Prices prior to 1921 are weighted averages of the prices of four varieties adjusted to an approximate compara- bility with the prices for the years since 1921. Raisins- Shear, Estimated prices paid growers for raisins in the sweat box. Apricots, 'Tellman, Compiled from prices paid by large commercial packers and dried; the California Prune and Apricot Growers' Association. Peaches, '''Vellraan, Compiled from prices oaid by canners prior to 1922 and from canning- prices paid by the California Canning Peach Grov/ers' Association since 1922. Peaches , ^Ibertas ; Milk: Milk fat: 'Vellman, Auction prices at Chicago v/ith deductions made for freight, refrigeration, and commission charges. Packaging and loading charges amounting to from 420 to ^iZ5 per ton have not been deducted. Unweighted annual averages of the monthly prices estimated by the U. G. Department of Agriculture. Prices prior to September, 1923 converted from gallon to hundredweight basis. Unweighted annual averages of the monthly prices estimated by the U. S. Department of Agriculture. Prices prior to 1930 based on prices published by Voorhies in table 4o of California 3ul. 514. -/5"f - Table 2 Approximate Prices Received by Growers for Fie;s Testing Ninety Per Cent or Better, 1926-1932* Adriatic Ca limy ma 1 Black Kadota Associ- Out- side Associ- Out- side Associ- ation advance Dried Fre sh Out- side ation advance ation advance Out- side Associ- ation advance Canning No de- mand .06 1927 .02i .05 prior to .01 1928 .04| No crop .05^ 1928** .04 .06 1929 .07 .09 .06 .06| .05 1930 .05 .06-1- .03|- .02 .05 1931 .04 .03 .07 .04 .03 9 Orchard .01 run ? .02^ 1932 .02i •Olir .04| .02g .02 .01 .01^ .01 .01^ '' * From estimates by D. W. Ewing and "um. H. Alison, Jr. ** 1928 first year any sold in state. -15b'- ' *"'''"^'!~3T'»r'" /.-iX-^-'r-jL-i ™ . Table 3 Prices of Farm Products, Merced District (Averages of prices shown by the survey records taken) Year Pigs Kadota Eggs Adriatic Calimyrna Black Dried Fresh Canning 1926 1927 19 28 1929 1930 1931 1932 28 31 23 19 15 .02^ .04^ .07 .05 .04 .02- .05 .09^ .06t .07 ,04-^ • 05>7 .06 .034- .03 .02 .04 .06i .02 .01 .Olr .01 .06 .05 .05 .02-p- .013: .06 Year Rice Peaches Grapes Fresh Canning Drying Table Raisin Juice 1926 1927 192 8 19 29 1930 1931 1932 per cwt . 2.84 2.65 2.13 2.29 1.85 1.35 0.85 30.45 22.55 12.32 57.30 14.15 11.50 177.97 108.28 91.70 25.57 19.99 17.35 28.31 19.95 17.31 Year Figs dried Apricots s Alfalfa Cotton Barley Fresh Dri ed Almond 1929 1930 1931 83.75 63.45 39.50 66.00 43.89 20.00 319.00 160.06 122,68 .215 .107 .070 13,77 12.49 9.04 80.94 43.27 36.00 1.18 0.98 0.95 California Prices of Almonds and Alfalfa, 1910-52 r 1 .: . - ^ . f,... . . f ! f - . 1 _^ . ^ / i -.■ - 1 „;_L. ^ . .. ^ ¥ / . ■.. . ...J 4 ... .77* ■ .... ...-r^..„^^ . - - - * V / : T - 1 — >• ; X?/ 1 ii I li L.,^ ;.. -- --- - '-.^^ t - 4 '« i ■• 4i- •■ - T~ 'i ' n \r 1! _. P ■ i ^— — ■» ^. ; if rj . A i . ;. ... ,- 1 i ■• .*.vh>-. ft. California Prices of Milk and WilV fat, 1910- ....„..._ ■— -i - .- - - ■! • : ■ - -( ( ■ • 1 i - l - -i - -|- J , J t ... , . , 1 ■ ■ i j. ,„ , , . • . ; . i - 4- — % !„ i. :•■ i-- i. .. . „ ■ . L r~ t ■ ...I : ..- .,4n:r::ir.J'! .u' "'" " — - - — z:q:--^:.\ip:r:|:_.-^_:i:- ' - - ; ...J.. ; * - ♦ <r f f .'.J'^-....-..: ! ; ■ V ~ - .. . ^ ; ■ ' r 1 *■ ■• i, : . < \ .X. . J* ... i :-±r ~ - X-^. 1 ^,rjji^.r:z.'~-^ ■r---- -i- ' ■- ■t — V ■ - — •.- -r^tr ■^■^J.Jl-a----^-'=i/--.- i r-^-r^-r: \ V','' r .-»- . - «;*^ 1 j . ^ , , .... *. 1..!.^ _• _• " .J, .;. j ' i i ■ . i ' * APPENDIX G Inco.ne from Lands Taken Over by the Merced Irrigation District (1928 to 1932 inclusive) Table 1 shows acreages of land sold and leased by the District during the years 1928 to 1932 and the income from them. It will be noted that sales were substantial in the year 1929, but have been negligible since that time. The tendency is of course for the poorer and the relatively over-assessed lands to pass into the hands of the District. Many of these pieces have not yielded any net return in the last three years. Recently some of the better lands, es- pecially those not highly developed are being allowed to pass to the District. It v/ill be noted that the average return on these lands was in 1931 about 65 cents per acre and in 1932 about ■'i?1.10 per acre. (See Table 1 .) I Tsble 1 Income from Lands Taken over by the Merced Irrigation District (Segregated by years) Year Acres Assessed value Delinquent taxes Sales price I'isc . expense J ' eTy reuunio from sales XliOumt; XL uut leases return 1928 1929** 1930 1931 1932 Total 40 2507^^ 1337 56 15 1,200* 226,060 30,860 5,600 2,185 t 592.95 82,036.46 13,869.80 1,343.42 628.75 Prope ^? 592.75 49,782.40 7,230.00 1,204.00 550.00 rties sold <'24,178.01 592 . 75 24,428.38 6,230.00 871.20 250.00 Ji''9 ,498.49 % 592.75 33,926.87 6,230.00 871.20 250.00 3955"! 265 ,905 90,4/1.30 oi) , <3t)y .10 c4:,X rO.UX ■3,9 -Kwy 9 498.49 41 ,870.62 1928 1929 1930 1931 1932 Total 210 681 20 4019 5019 23,100 52,025 1,400 387,395 509,105 7,837.64 20,170.34 575.30 126,726.32 133,707.93 Properl ;ies on hand 187.80 1,155.96 2,611.24 2,594.90 3,000.00-^ 187.80 1,155.96 2,611.24 2,594.90 3,000.00 9949 973,025 289,017.53 9,549.90 9,549.90 * One parcel not gn.ven. ♦* Acreage of four lots not given. 1 Net return from sales does not exactly equal sales price owing to failure in some cases to make full payments on piwchases. These balances shown as Bills Receivable on the books of the District. * Estimate of unsold crops. APPENDIX H ■ Production Costs per kcre for Certain Tree Crops as Shown by Records Assembled by the Agricultural Extension Service, University of California The figures shown in this section have been secured over a number of years by means of records kept by cooperating farmers and analyzed by the county agri- cultural agent and the farm management specialists at the Af,ricultural College. They were brought together for the purpose of studying relative efficiencies in the production methods of different farmers. The figures shovm are from Stanis- laus County, a somewhat more fully developed area with probably & more stable agriculture than that which exists at present in the Merced District. They are presented here in order that readers of this report may have opportunity to com- pare the costs shown in this report with those obtained by other methods and in a different but somewhat similar area. The costs shovm are somewhat higher than those indicated by the survey of the Merced District. This is partly due to the placing of higher valuations on some of the items of cost, particularly labor, to the fact that the figures are somewhat more complete owing to the more detailed method of securing them, and to the fact that the figures from the Merced Survey are divided by a somewhat larger acreage than that which is actually in the particular tree and vine crops, since the farm is the unit considered rather than the specific acreage in the crop under consideration. Also the figures shown in this appendix are drawn from a particu- lar group of cooperating farmers and are not designed to present a cross section of all the varying cost conditions such as the survey seeks to present. Costs of Gro\ifing Apricots y/Final Summary of the Stanislaus County Apricot Enterprise Study Containing Income and Costs pertaining to the Growing of iioricots in Stanislaus County dur- ing the Five years 1927-1931, University of California Agricultural Extension Service. By A, A. Jungcrman and Arthur Shultis. The tables follo'vinf these are taken from sinular summaries of the costs of growing almonds and peaches. The tv/o tables showing cofits of almond production are from the Third Annual Report and Three-year Summary of iUmond Efficiency Study for Stanislaus County, 1930. University of California Agricultural Extension Service, pp. 6 and 7. It was compiled by A. A. Jungerman, county agricultural agent for Stanislaus County, in cooperation with the University's extension specialists in Farm Management . The tables showing costs of peach production are of similar origin and show costs in Stanislaus County for the year 1929.^ "■^^See "Suiranary of the Peach Efficiency Study for Stanislaus County, 1929," University of California Extension Service, by a. A. Jungerman. The costs in this case are only for the year 1929, and do not, of course, reflect such reductions in costs as have occurred since that time. It needs to be clearly understood, however, that the costs shown here are not strictly comoarable to those shown in the Merced survey. The Stanislaus figures are from a soecific group of farmers, ordinarily the better farmers, and are computed on the basis of the specific acreages of these crops which are grown on these farms. COSTS OF GROV/IN& iPRICOTS The individual's cost of growing the apricots stands atout third in the list of main profit-determining factors. The cost per ton is of course determined by the coat per acre and the yield. By far the greater proportion of the costs will be present even without any yields, so a study of the fixed costs per acre should furnish opportunities for cost reduction. Table II which follows presents the totals for various classes of expense per acre. Since varying amounts of fruit were dried from year to year the cost of drying is placed last and a comparison of costs excluding drying is more appropriate. Inspection of these figures shov.'s that fixed costs per acre have decreased the last few years. The higher total costs for 1929 and 1931 are due to handling larger crops. Table II. Summary of All Costs per Acre . 1927 1 1928 1929 1930 1931 Five Year Av. Cultural Labor Costs Harvesting and Handling Costs $ 39.68 35.82 $ 39.11 31.27 $ 38.97 97.08 $ 35.14 29.43 $ 29.62 52.61 $ 36.50 49.24 Total Labor Except Drying Total Ma-terial Cost Cash Overhead Cost 75.50 13.07 11.06 70.38 10.48 11.71 136.05 18.84 15.06 64.57 6.64 9.91 82.23 9.98 11.12 85.74 11.81 11.77 Total Cash and Labor Costs Depreciation 99.63 16.75 92.57 18.31 169.95 23.67 81.12 19.06 103.33 22.99 109.32 20.16 Total Cash, Labor and Depreciation 116.38 Interest on Investment j 38.13 110.88 40.68 193.62 40.70 100.18 38.90 125.32 32.4-2 129.48 38.17 Total All Costs Except Drying j 154.51 Drying Cost (Av. Totals for .Ul ik:res ) 16.40 151.56 29.75 234.32 59.98 139.08 17.41 158.74 74.84 167.65 39.67 Av. Total Costs per Acre 170.91 181.31 294.30 156.49 233.58 207.32 The five-year average is a good indication of vihat the total cost per acre for growing apricots was over the past five years. With lower prices for everything, costs in the future should be a little lower than the five-year average shown, probably as low as 1931 or even lower. However, many of these costs are fixed and cannot be lov/ered. Each class of expense will be taken up later. t * » - ■•- r- ■ .-i. i ,.-.- v^- .. LABOR COSTS PER iiCRE [ ori'.-r 3tR ) The following table shoves the labor cost or value for each operation. The charge shown consists of the cost of hired labor, the value of the owner's own labor at the going wage, and the cost or value of horse, tractor or truck power. To the extent that this item includes the value of operators and family labor as well as interest and depreciation on horses, tractors, and trucks the labor cost shown is not actual cash outlay but is considered as such throughout this study. Tlae cost for each operation shown belo?/ is the average cost of that opera- tion upon the acreage performing it. Since not all orchards performed every opera- tion listed, the avei'age totals shown are not the sums of the separate items but are obtained by dividing the total cost for all operations on all acreage by the number of acres. The total cost for all operations shows what the cost would be if all operations were performed at the average costs shown above. Table IV. Labor Costs per Acre, Up to Drying 1927 1928 1929 1930 1931 5- Year Av. Pruning and Brush Disposal Cover Cropping and Fertilizing Spraying Irrigating Cultivation Heating Miscellaneoua $19.01 .76 5.95 2.80 10.40 1.90 .83 $18.18 1.39 4.77 3.70 8.83 3.24 5.89 $18.69 1.42 4.58 3.19 7.38 4.97 8.39 $21.64 .50 3.58 3.69 7.09 2.04 $14.24 1.79 3.75 3.93 7.49 1.84 1.01 $18.35 1.17 4.55 3.46 8.24 2.80 3.22 Average Total Cultural Costs 39.68 39.11 38.97 35.14 29.62 36.50 lotal Cost for .111 Operations 41.65 45.00 48.62 38.64 34.05 41.79 Thinning Propping Picking and Hauling 5.44 1.60 33.47 3.92 2.66 29.86 10.61 8.32 87.72 3.39 .27 28.56 5.19 2.12 47.14 5.71 2,99 45.35 Average Total Labor Costs 75.50 70.38 136.05 64.57 82.23 85.74 Total Jill Operations 82.16 82.44 J 155.27 70.86 88.50 95.84 It will be noticed that 1931 witnesses a lower cost for most operations due to lower prevailing wage rates. Certain further economies can be effected in most all of the labor costs since the above figures are averages and many records show costs considerably lower. A reduction in pruning, spraying, and cultivation costs c«uld be effected by lower wage rates and by cutting down the quantity of cultiva- tion. Attention should be called to the fact that the operator can increase his net cash income by utilizing to better advantage his own labor so the cost of hired labor is reduced. Such a change can be made with no decrease in total labor costs shown, the operator merely securing for himself a larger part of the total labor costs. - //. '/ JL\IIEEI.\L COST PER ACRE [1-1 iriccts ) Costs for each kind of material per acre of orcliard using that material are shown in Tahle Y. Little opportunity exists for cutting the cost of any of these items other tlian ordinary care and economy. The heating material costs vary with the amount of heating necessary. The total material cost for all operations is shown to represent the expense to the grower if all operations were performed. The average total represents the average cost per acre for materials to all acres, a great many of which do not have all the expenses listed. Table V. Material Costs per Acre 1927 1928 1929 1930 1931 5-Yr. Av. Irrigation Tazces or Water Cost Fertilizers and Cover Crop Seec Spray Materials Keating Material Bracing Harvesting Miscellaneous $ 5.74 I 1.13 6.08 6.18 1.70 .29 $ 5.88 1.28 3.47 2.08 2?83 .59 $ 5.44 3.05 4.18 12.53 5.00 2.77 $ 5.20 .85 2,60 1.36 .86 $ 5.43 1.26 4.83 3.53 .39 1.50 $ 5.54 1.51 4.23 5.14 1.57 1.26 .36 Average Total 13.07 10.48 18.84 6.64 9.98 11.31 Total for All Materials 21.12 16.13 32.97 10.87 16.94 19.61 CASH OVERHEAD COSTS PER ACRE Cash overhead costs are made up of taxes,- repairs, insurance and other minor cash expenses, none of which can he materially reduced. General expense is computed at 5^ of the total lahor and material cost and is included to cover small unreported items of expense for the apricot orchard. Table VI. Cash Overhead Expense per Acre 1927 1928 1929 1930 1931 5-Yr. Av. General Expense County Taxes .iachinery Repair Compensation Insurance $ 4.42 6.64 $ 4.04 7.67 $ 7.74 6.39 .93 $ 3.56 5.72 1.15 1.34 $ 4.61 4.95 1.09 2.48 $ 4.87 6.27 1.12 1.58 Average Total 11.06 11.71 15.06 9.91 11.12 11.77 Total for All Expenses 11.05 11.71 15.06 11.77 13.13 13.84 The a.verage investment per acre for each class of investment is shown in Talile VII. The values shown are present depreciated values rather than original cost. The tree values were based upon the age of the tree with a cost of trees at full bearing age of about $350.00 per acre, and $12.00 to $15.00 an acre deprecia- tion deducted each year in order to have the trees written off at forty years of age. The other items are obtained from an annual inventory submitted by each grower with depreciation deducted from original cost at the rate considered most applicable by the grower. Table VII. Average Investment per Acre 1927 1928 1929 1930 1931 5-Yr. Av. Trees Improvements Equipment Land $254.70 7.40 13.47 350.00 $283.84 21.83 22.40 349 . 97 $279.25 20.59 28.56 350.00 $268.58 19.13 29.55 330.92 $286.52 14.98 29.33 209.58 $376.50 16.79 24.65 316.09 Total 635.57 678.04 678.40 548.28 540.41 636 . 14 The investment overhead resulting from the investment of capital in the enterprise is shown in Table VIII. .Depreciation is based upon growers' estimated life and use of their equipment, while interest is calculated at 6^ of the remaining value which was shown above in Table VII. Table XXIIT shows a list of equipment, its original cost and annual depreciation. The only way the grower can reduce these overhead items is in econonjy in purchase coupled with good care and maintenance, thus prolonging the life »»f each item. Table VIII. Investment Overhead per Acre 1927 1928 1929 1930 1931 5-Yr. Av. Depreciation on Trees Depreciation on Iciproveraents Depreciation on Hquipment $12.80 .23 3.72 $12.76 1.51 3.94 $16.92 .94 5.81 $12,54 1.11 5.41 $14.85 1.65 6.49 $13.97 1.12 5.07 Total Depreciation 16.75 18.31 23.67 19.06 22.99 20.16 Interest on Value of Trees Interest on Value of Inprovemer Interest on Value ef Equipment Interest on Value of Land 15.88 its .45 .80 21.00 17.03 1.31 1.34 21.00 16.75 1.24 1.71 21.00 16.12 1.15 1.77 19.86 17.19 .90 1.76 12.57 16.59 1.01 1.48 19.09 Total Interest on Investment 38.13 40,68 40.70 38.90 32.42 38.17 Total Investment Overhead 54.88 58.99 64.37 57.96 55.41 58.33 SUIMAEY OF COSTS PER TOU (a or i cots ) The costs per acre divided by the yield in tons give the costs per ton. Most charges are determined on an acreage "basis and are not affected hy yield. The exceptions are thinning, propping, picking, hauling and drying which are determined on a tonnage hasis and the cost per acre depends on the yield. Table IX shows these costs where reported along with totals for the different groups of costs. Cultural costs in 1931 are much lower per ton because tonnage per acre was high. The total costs before drying are shown so growers who dry fruit will have this figure to compare with costs of the grower who sells fresh fruit only. The drying costs shown are made up of labor, materials, and 5^ general expense to cover incidentals. The year 1931 shows the lowest cost per ton before drying and per green ton dried because of the large yield in 1931 and because of lower costs per acre for many operations. The big problem faced by the apricot grower is to secure these big yields every year rather than in alternate years. Table IX. Summary of Costs per Ton 1927 1928 1929 1930 1931 5-Yr. Av. Cultural Labor Cost Thinning, TiTliere Done Propping Picking Hauling $10.41 1.52 .56 8.22 1.05 $11.62 .82 .32 8.52 1.83 $ 4.34 1.07 .34 9,13 .94 $10.98 1.04 .18 9.25 .50 $ 3.25 .56 .21 4.89 .61 $ 6.39 .80 .26 8.05 .75 Av. Total Labor Cost, Up to Drying Total Material Cost per Ton Cash Overhead 19.81 3.43 2.90 20.91 3.11 3.48 15.16 2.10 1.61 20.18 2.08 3.10 8.97 1.09 1.21 15.02 2.07 2.06 Total Cash and Labor Costs Depreciation 26.14 4.40 27.50 5.44 18.87 2.64 25.36 5.96 11.27 2.50 19.15 3.53 Total Cash, Labor and Deprec Interest cn Investment 30.54 10.01 32.94 12.09 21.51 4.53 31.32 12.16 13.77 3.54 22.68 6.68 Total All Costs, Up to Drying 40.55 45.03 25.04 43.48 17.31 29.36 Drying Cost per Green Ton 13.72 13.96 14.21 12.78 9.32 11.08 Total Cost ver Green Ton Dried 54.27 58,99 40.25 56.26 26.63 40.44 ... j •. • . ■ ; . * . ■■ • -■ 1 • • ll Table IV. GETJERAL COMPARISON FOR THRES YEARS LABOR COSTS PER ACRE 3- Year Average 1928 1929 1930 Per Acre Per Lb. Pruning ajid Brush Disposal $5.51 $5.80 $9.79 $6.86 0.6(^ Cover Crop and Fertilizer 1.43 1.72 3.97 3.18 0.0 S-oraying 2.95 3.02 2.15 2.55 0.2 Pest Control 1.35 1.04 .68 1.18 0.0 Cultivation 6.87 5.88 6.69 6.50 0.8 Irrigation 3.76 4.00 4.93 4.25 0.5 Harvesting 11.98 16.87 18.07 15.46 1.8 Hulling 10.72 11.92 13.65 12.03 1.4 Delivering 1.19 1.17 .96 1.09 0.,1 Heating 1.25 • 5 . 76 1.95 2.90 ' Q.l Miscellaneous 1.20 2.79 1.66 1.79 0.1 Averaif^e Total* $39.80 $49.25 $55.36 $47.73 e.Orf Total labor costs have shown an increase each year for the past three years. This is lqri;'ely due to the incresse in yield and affects such labor items as harvesting and hulling. The other items remain fairly constant. The pruning cost is higher in 1930 due to one large operator doing more pruning in 1930 than he did in 1928 and 1929. Heating costs were higher in 1929 due to heating lahor that was necessary during the 1929 frost period. Actual labor and material costs will average approximately $50.00 per acre per year in producing a crop of almonds of about 800 pounds per acre. *The average totals given in this and other similar tables are not the actual sums of the figures in their respective columns. This is because all the laractices were not performed on all of the acres. Each practice is calculated on tile basis of thu acreage on which the practice was performed. The totals are on the average costs for performing these practices, figuring the entire study as a unit. ■ . . 4 i — - TaUe V. GENERAL CQl^PARISON FOR THREE YEARS Material Costs Per Acre ..Ir.i.rds) 1928 1929 1930 3-Year Average Per Acre Per ho. Cover Crop sad. Fertilizer Spraying Pest Control Heating Harvesting Miscellaneous $5.64 3.18 1.32 5.64 $4.64 2.23 1.54 5.70 .26 2.70 $4.08 1.97 1.73 .66 .52 1.16 $4.57 2.85 1.56 3.45 .27 1.52 o.u 0.2 0.1 0.1 0.0 0.1 Averaee Total $3.01 $5.49 $3.98 $4.10 0.3rf Cash Overhead. Costs Per Acre General Expense Irrigation Taxes County Taxes Compensation Insurance $2.12 5.51 4.98 $3.02 5.63 4.59 .95 $3.26 5.99 4.61 .80 $2.77 5 . rU 4.74 . GO OAd U. f 0.6 U.U Averne's Total $12.61 $13.95 $14.44 $14.09 1.7af Fixed Overhead Costs Per Acre Int. and Dep. on Trees Int. a.nd Dep. on Improvement Int. and Dep. on Sauipment Int. on Value of Land $18.48 s 1.72 3.80 13.78 $19.62 1.56 4.21 15.87 $21.64 1.60 3.99 15.52 $19.84 ± . D*x 3.99 14,99 2.5(i 0.5 1.9 Total $37.78 $41.26 $42.75 $40.45 5.U V. Total All Costs Per Acre Total Laber and Material Cos Total Cash Overhead Costs Sub-total Cash Costs Total Fixed Overhead Costs 3ts $42.31 12.61 55.42 37.78 $54.74 . 13.95 ' 68.69 41.26 $59.34 14.44 73.78 42.75 $51.83 14.09 65.92 40.46 5.3c^ 1.7 8.3 5.1 Grand Total All Costs $93.20 ' $109.95 $116.53 $106.38 13.4df Tlie above table shows a general comparison of costs over a three-year period. The average material cost ^^er acre was $4.10. It was highest in 1929 due to the use of oil for orchard heating. The average cash overhead was $14.09 per acre which includes both irrigation and county taxes, compensation insurance, and 5^ of material and labor costs for general expense. Total labor and material costs plus cash overhead costs maice a total cash cost of $65.92 per acre, or 8.3 cents per pound over the three-year period. Fixed overhead averaged $40.46 per acre or 5.1 cents per pound, making a grand total cost over the three-year period of $106.38 per acre to produce almonds, or a total cost of 13.4 cents per pound. 1 ■ ■■■■■■■ Tablo III. ULBOE COSTS PSR ACRS FOR 3ACH VARIET:" AIL ORCHARDS All Mi dsunmcirs Phillips Freestones Orchards rruiiing ip CD. 0*x $ 20 56 $ 23.60 $ 21.55 Brush Disposal 2.90 2.68 2.23 3.06 2.59 Cover Crop tS . Ol 9 Q1 3 R9 1.50 3.24 Spraying o • *±o 6.52 7.29 7.49 I rrieation 4.09 3.62 3.92 4.98 3.96 Cultivation 7.62 7.66 10.05 9.72 8.85 Thinning 18.35 15.45 13.73 15.60 15.13 Bracing 7.86 9.55 7.75 7.64 3.38 Picking 56.11 44.46 30.12 62.57 42.44 Hauling 10.41 12.43 9.61 12.81 11.12 Drying 56.38 56.38 Heating 1.25 1.25 Miscellaneous 4.96 3.47 4.53 5.51 4.35 Average Total $144.72 $123.15 $105.28 $195.62 $127.74 Average Total $146.23 $121.46 Except Drying S144.72 1 $123.15 i $105.28 The labor costs by varieties run consistent as in other years. The Tuscan variety shows the highest cost on thinnir.(C; and harvesting as "before. Tha freestone total cost is higher on account of a larger yield per acre and also in- cludes drying costs. The average labor cost per acre on an average peach orchard for 1929 is $121.46 per acre. This is slightly less than normal years because of the smaller thinning costs per acre on all varieties on account of frost in 1929. < Ta^ble IV. MATERIAL COST P3E ACHS JOB. EACH YABISTY AND m OECILIEDS ( Pt 0 T.b S ) Tuscans Midsummers Phillies Freestones All Orchards Irrigation Fertilizer Cover Crop S-Q raying Bracing Harvesting Dryins $ 4.49 2.00 1.67 6.13 — 5.25 $ 4.60 18.75 5.78 2.77 $ 4.62 2.42 1.70 4.48 4.27 3.80 $ 5.71 2.00 8.09 4.00 5.58 2.88 $ 4.74 3.66 1,77 5.61 3.57 4.61 2.88 Averaf:e Total Cost $13.94 $13.40 $11.13 $19.16 $13.30 Average Total Cost ExceiDt Drying $13 . 94 $13.40 $11.13 $17.04 $13.03 I In the material costs the highest varieties for two reasons: first, a larger "box rental; and second, cost of sulfur used The total material costs show a t( sistent with other year's records. cost is represented by the freestone tonnage to harvest, causing increased in drying. tal of $13.03 per acre which is con- I Table VI. LABOR COSTS PER TON FOR 3ACH VARI3TY AUD ALL ORCHARDS All All Tuscans MidsuxDiners FniiilpS urciicLrcLS Pruning $2.50 $1.85 $2.40 §1.81 Brush Disposal .27 .25 2.23 .23 .20 Cover Crop .26 .23 3.89 .08 .29 Spraying .81 .75 .76 .56 .73 Irrigation .39 .33 .46 .^8 .38 Cultivation .72 . 69 1.17 . f^: . ob Thinning 1.74 1.39 1.60 1.20 1.47 Bracing .72 .76 .61 .62 • .72 Picking 5.32 4.01 3.52 4.79 4.12 Hauling .99 1.13 1.12 1.04 1.09 Drying 4.38 4.38 Heating .07 .07 Miscellaneous .51 .28 4.53 .36 3.72 Average Total $13.71 $11.11 $12.30 $14.97 $12.41 Average Total $11.80 Sxceot Drying $13.71 $11.11 I $12.30 $11.19 In analyzing the varieties on the cost per ton hasis for lahor costs it will to seen that thinning nud harvesting costs run higher for Tuscans and Phillips than other varieties. This is duo to split pits in Tuscans and the gumming occur- ing in Phillips. These sain3 relations have "been brought out in costs in the other four years' study. The Phillip harvesting cost is less this year than froeston e , which is not so usually, hut the frcostonos in 1929 had a higher porr-ent of split pits causing higher harvesting costs. The lahor cost per green ton ranged between $11.11 for ;'id«uEXiero to $13.71 for Tuscans, and an average pf all varieties of $11.80 per ton. MATERIAL COST PER TON POR EACH VARIETY AND ALL ORCHARDS All Tuscans Mids-ummers Phillips Freestones Orchards Irrigation $ .43 $ .42 $$ •■.6'i $ .44 $ .46 Fertilizer .21 1.28 .20 .32 Cover Crop .15 .43 .11 .19 Spraying .58 .52 .52 .62 .54 Bracing .22 .40 .31 .29 Harvesting .53 .13 .55 .44 .49 Drying .22 .22 Average Twtal $1.32 $1.21 $1.30 $1.47 $1.29 Average Total $1.27 Except Drying $1.32 $1.21 $1.30 $1.30 The material costs per ton by varieties show very little variation if figured on the green ton basis . Tatle VII. EECOED OF ALL COSTS PEE TOU FOR 3ACH VARIETY AlTD ALL R3C0RDS Tuscans Midsummers Philliias Freestones All Orchards Total Labor Total Material General Expense County Taxes ComDsnsation Insurance $13.71 1.32 .75 .55 .08 $11.11 1.21 .62 .57 .07 $12.30 1.30 .68 .72 .09 $14.97 1.47 .82 .54 .06 $12.41 1.29 .69 .61 .08 Total Cash Overhead $ 1.38 $ 1.26 $ 1.49 $ 1.42 $ 1.38 Total Cash Costs $16.41 $13.58 $15.09 $17.86 $15.08 Int . and Dap . on Trees Int. and Dep. on Improvements Int. and Dep. on Equipment Interest on Land $ 4.12 .41 .77 $ 1.99 $ 3.81 .32 .56 1.89 $ 5.09 .43 .65 2.45 $ 3.08 .19 .35 1.61 $ 4.14 .35 .58 2.04 Average Total All Costs $23 . 70 $20.16 $23.71 $23.09 $22.19 Average Total All Costs axcent Drying; $23.70 $20.16 $23.71 $19.14 $21.55 In analyzing the costs on a per ton basis from a fresh standpoint the freestones were produced the cheapest at $19.14 per ton. The Midsummers were next at $20.16, while the Tuscans and Phillips showed practically no difference at $23.70. Tuscans usually are the most expensive variety to produce, and this ia again brought out this year, for the average yield of Tuscens per acre in this study was 10.55 against 8.56 for Phillips, thus cutting down the cost per ton for Tuscans . Table IX. YI3LDS, COSTS AUD RETUHNS FROM lOTIVIDUAL ORCHAEDS (Peaches) Serial i Niamoer m — ! Tons i Per Acre i Total Cost Per Ton Retiirn per Ton Total Cost j x^er Acre rjei/ r^roiii/ ^ QT* A T* O Age OX Tr66S 26 20.47 $15.11 $62 .46 iTAQ on ipisuy . 2U iocQ 4 13 19.72 16.39 71 . 66 02«5 . lb lUO^ . 1 J 7 1 18.0 10.93 35.00 lyb . rO cw 4 18.0 25 .73 37.67 y1 O Q AO 42 y . uy OAO A A 7 16 17.9 17.38 1 62 .77 1 <5li .2b olc .OJ 7 19 14.59 18 .32 n A AC ' 74 . 45 1 ocrt OD cb r . <oo Ol^ . "lO H o 39 14.23 18.59 71 .11 OC>1 CA 2b4 . bU Cxi . Oo 9 10 13.86 22.40 78.03 1 fZI ^ AO oiv^ .4y f It: . Oo 7 31 13.28 18.75 73 . 80 1 0>i Q AC 24y .Ob ■771 79 rol . OC 3 12 .95 17.61 40 . 00 OO Q AO 2ioo . uy 0'7Q QQ 7 f 17 12.45 18 .16 72 . 5<3 OOC OT 2<Jb .cl C r D . UD q 2 12 .40 20.80 4c .3id ocn cy COO . O J. 7 25 12 .35 17.29 74.17 OT T QT 210 . DC rUC . i7 / 18 12.13 21.17 74.56 occ rtA 255 . 74 D4 I .OD c 12 12.02 21.81 68 .88 O CO T Q 2b2 . ly ODD . DO q 32 11.89 19.37 50 .03 OTA OQ 2i5U.2y AR7 R9 9 5 11.13 25.76 26 . 71 OQC QT ooD . y 1 in 1 R lU • xo 9 7 10.82 20.04 68 .09 Ol C QA oib . y4 m Q QR 12 37 10.70 17.42 76.11 194. yy Diy . lO 1 q X7 15 10.17 24.54 75.23 DID . 44 0 22 10.00 18 .87 51 .12 187 . ob 701 RA OCl . D4 c D 8 9 .94 24.66 74.08 </4o . Ub AQT 90 4yi .Cc 7 f 38 9.83 16.98 69.52 165. 85 olb . /c q 9 9.72 26.05 72 .48 253 . 15 401 . Ic c 0 34 9.51 19.55 80.35 185 . 9o D 29 9.48 21.66 72 .40 205 .i5y / Ol AT 4ol . vJl c D 24 9.23 19.41 79 . 52 1 /y . io CCA 07 C u d7 8 . 14 19.56 75 .20 1 fo . bo ci I? C7 Ol 1 . OO 7 30 8 . 71 13.69 75 .11 iiy . 1 / R7A 7Q ?n Cv/ 35 8 . 59 e7 . 73 74. 57 Oyl A QO <o4u . y<ci A07 on C 42 O A A 8 .44 OO (* A cO . 64 5o . &0 1 QA i /o . yu 7S1 R? ool , DC 1 ? 28 O A'7 8 .4o 27. 50 55 . li OTI ^70 col . /y OcD . CD : 11 0.67 21 . 87 7o . yy 1 QA CC iyu . bts A9R 'iC O . f D 1 1 J. X 41 8 .18 22.79 70 .00 185.44 7QC OQ OOD .cy Q 40 7.93 18.22 69.02 144.48 402 . 55 12 / .La oi . oU 1 1 . io ope AA ceo . UU ?R1 "SO cox . 0.7 g 6 7.02 33.55 90.74 235.29 401.27 6 20 5.92 27.33 71.95 161,71 264.14 5 21 4.90 29.94 73.31 144.66 214.41 5 33 4.58 34.31 73.34 157. C7 178.57 7 36 3.40 41.65 67.54 141.65 88.01 6 23 2.87 37.72 79.71 108.40 120.75 3 Av rage 10.29 $22.19 $67.61 $228.33 $457.50 7 Material from all records in the 1929 study is shown in this table. The orchards ar. arranged in order of yield per acre. The bottom line is an average of all records and may be used as a yardstick for making individual grower's com- parisons. Part of the wide variations in per acre costs is due to a drying charge in the records of freestone varieties. :.r^'.- v,../ = =.. APPENDIX 1 Delinquency on Lands Sampled in the Survey as Compared to Delinquency for the District as a "V/hole In order that some judgment might be reached as to whether the fanning properties of 20 acres or more reoresent the most serious problem from the stand- point of delinquency, request was made of Mr. H. P. Sargent, secretary of the District, for the acreage, assessed value, and District assessment levied as of 1931 for each of the 1,838 farm properties from which the samples were dravra, together with a record of the acreages delinquent and amounts of tax delinquent for each of the years 1929, 1930, 1931, and 1932. These were supplied by Mr. Sargent and are summarized below as compared with the figures for the same items for the entire District reported earlier in this report. Assessment Roll — Rural property Only (City and Town Lots out) Rural Tax and City Tax Segregated Year Valuation Rate Rural tax City tax Total 1928-29 $18,446,320 6.00 1,106, 779. 20 $135,613.80 .^U, 24 2, 39 3. 00 1929-30 18,039,595 6.00 1,082,375.70 134,374.80 1,216,750.50 1930-31 18,006,195 5.90 1,062,365.50 132,219 .85 1,194,585.35 1931-32 16,718,990 5.60 936,263.44 135,304.40 1,071,567.84 Rural tax 91 per cent of Roll. City tax 9 per cent of Roll. All rural property All lands in the Farms of 20 acres and over* in the District District Acres 74,310.7 ""'JoriSSO-ir. . . ^7,912. 241.00 ,18.006.195.00 ^20,243,775.00 Assessment , ^ ,^ levied 1930-31 ^456,745.51 ..1,032,365.50 bl. 194, 5do .o5 Rural Property Subdivided as to Parcels of 20 Acres and Over and as to Parcels of Less Than 20 Acres Properties of 20 acres and Rural properties of less "over (from ;vhich sample than 20 acres and corpor- was dravvn) ation lands not sampled Assessment levied 1931 ,^456, 745.51 ,^605,619 .9 9v Obtained by calculating assessment on the 1,638 properties and deducting that froiii the total assessment on rural property. Delinquencies on farms of 20 acres and over* Delinquencies on all lands (last Monday in June of each year) in the District (last Monday in June of each year) Percentae;es Acres iimounts of assessments Percentages of assess- levied in 1931 ments levied 1928- 29 4,106 * 35,917.18 7.86 9.51 1929- 30 11,659| 86,108.32 18.85 9.62 1930- 31 31,816 199,731.32 43.73 17-63 1931- 32 47.468 289,526.46 63.38 37.40 * Not all units of 20 acres and over are included. Properties to which the District has taken title are omitted. Also, a number of the large corporation properties and certain smaller orooerties where recent changes in ovmership, or ovnershio of many pieces made identification of the specific parcel difficult. The bulk of the properties from v/hich the survey samples were dravvn are included, however . It will be seen that the percentages of delinquency on these properties are substantially heavier than those for the District as a ivhole. APPENDIX K The Farm Debt Situation in the Merced District as Indicated by Debt Data from the Farms Covered in the Survey This appendix presents a summarization of the mortgage and short-term debt situation as indicated for the District by the survey schedules taken. Both the type and amount of loan are indicated, and together with these the extent of de- linquency on payments as indicated by the statements of the farmers interviewed. This, however, does not measure the major part of the delinquency since that is reflected in farms taken over by foreclosure. These represent a very substantial acreage in the District and involve many thousands of dollars invested by the lending agencies. The number of farms taken over and now held by lenders and lending agencies is not less than 250, and is probably substantially greater than this. Specific study of this has not been made, but the number indicated can be accounted for in the Icnown holdings of the lending agencies. These represent an dollars . investment of not less than a million/ It is impossible at the present time to determine what losses these take-overs involve for the mortgagors and for the lenders . Following the tables there is presented a summarization of the estimates as to debt for the District as a whole. Following these is a summarization of the changes in the bank accounts of identical depositors in the Atwater Branch of the Bank of America as between November 1, 1928 and November 1, 1932. In interpreting this table it should be kept in mind that this is in the heart of the oldest and best developed section of the District, peopled by an extremely conservative, thrifty, and hard-working group of farmers. It represents unquestionably the best financial situation of any community in the District and is materially above conditions for almost every other community in the area. -1^0- The heavy shrinkage in the commercial accounts and the apparent beginning f a decline in savings accounts bring: sharply to the front the question of mean f securing needed credit for operating the farms of the District. This problem as in many cases become acute within the past year. Table 1 fiortgap;e Debt of Farms in Sample First Mortgages on Real Estate 1 i Inter— Extent Sched " /Unount est 1 payments ule ACTG S I'iortgagee first Date Date rate Fo r v7ha"t in number mortgcige given due ('.or cent ) contracted arrears ■— 5 c { Federal >il , f-fO 1927 1947 o TtnTTPn VPTTIPTH "h R X 111 M-L V C-tll.^ ii 1^ O ■ None 11 A Q 48 Land D,4UU 1918 1958 None 12 98 i3ank ^ /OA o , 4^U (1925 5|' '^O 1 J (1927 \ ) 16 20 1 , 500 1919 1953 Purchase land None 39 293 10,000 ■un purcnase price U"C . i JOU 43 66 1 , o(JU 1927 1960 5 un purcnase Dj. icy 46 59 4 , bUU 1929 1949 C 0 1 0 pay DK . c 1 . iTiie I • -4^ t. uu 47 50 4,200 30 yr. 5&6 1 yr. 60 29 2,300 1924 1944 5 Improvements Kone I'Z to 0 Q CO 1 , ouu j'ore close.' 0 { 4-) li , uuu Q 1 y i lu , uuu un 1 ciricri vricii uui • ^6 CO 1 , oov 1921 1942 ivUilc Q A oU li , lUU 1919 1949 5i Liduu improvemenbs 2 pa y " iliC IJ. u 0 49 c , 4U0 1923 1943 OS Ranch purchase y6 o QQ n c , oa U 1927 1957 Ranch None lib 7d o . bUU 1927 Long time loan bg Used on other pro perty 117 'Z D OO 1 , UUU crl bs TOO c o Dii D , UUU 1928 ba Imorovements iby 0 /I nn ■C , 4rUU 1928 1964 D Purchase price I\lone 177 145 2,868 1927 5? Improv. and coivs None 194 39 2,350 6 Bal. purchase pr. 1 q AO 1918 1951 dh 5| .DC*. X • jui oridof^ yi • 205 88 4,600 Improvements None 212 52 3,200 1925 1958 Purchase land None 217 46 5 , 000 (1922 (1942 Pay old mortgage None ) ( ( 1956 5^ 64 ) 218 47 3, 800 1926 1947 Pay old mortgage None 239 32 2 , 400 1927 1947 5-Vor6 Purchase land ,)100 243 20 1, 800 1932 1951 ! Purchase land None 272 126 7,000 1924 1958 Op Com Dine mortB;age on ranch Julv . 1932 pavmert JNO • 01 1 Ota 1 farms a ore s 30 1959 ; 107, 826 4 133 Joint 7,000 1926 1946 6 Operating expense None 25 148 Sto ck 12,500 1923 1943 6 Timrovfiments None 29 78 7 onn 1920 1940 c u r Ul CricLoC X CtliL/Il 74 4-4 1924 1944 « Q OO 9 i<Rn o , ODU 1923 1944 O iay Qoci*or s iiens None iO ± 1 c , DUU 1927 1957 D None loo OU o , uuu 1921 1941 ^ t None 206 53 3 76 7 1929 1945 fi 'i\T n n p 207 220* 63 000* 19 24 1944 a u xiiiyJx u V ■ _ x'.i None 214 56 3,300 1926 1946 6 Pay mort-'age ; improvements Current oayraent 218 20 1,200 1928 1948 7 Land purchase 234 Gl 7,000 Purchase price None 2d7 59 3,300 1922 1942 6 Purchase ranch >,'one 2 74 368 1,200 1923 6 ^av former loan None 134 45 5,2 37 1921 1952 Pay off contract ,?4567 136 66 9 , 006 Bal. purchase pr . Fo. of Total farms acres 16 1532 $139,120 1 1 * Mortgage on 960 acres including the 220 listed. Sched- ule number Acres Mortgag;ee Amo un b first mortgage Date ?,iven Date due Inter - est rate ( per cent r For what contracted Sxtent payment s in arrears 10 48 Individu- ;;7,000 1925 6 3al. purchase price 15 20 als and 1,000 1931 1932 6 Improvements 17 29 corpor- 2,900 1930 1931 7 Purchase land 57 30 ations 2,500 1930 1933 7 Bu.l. purchase price 59 40 other 2,000 1931 1932 6 Pay taxes and bills None 75 26 than bks . 3,960 1924 1944 Bal. purchase price 73 39 or in- 1, 700 1930 7 109 55 surance 2, 100 1931 1936 6 Bal. purchase price ,600 35 companies 1,644 1951 1936 6 Bal. purchase price 500 110 57 6,500 1929 1942 6 Purchase price int . 111 39 3,000 Ren . 1933 6 'Purchase land None 1932 112 38 10,000 1928 1931 7 Purchase land 1 year ' s interest 113 19 4,500 1921 7 Land & improv. 2 year's interest 116 127 4,500 1919 7 Purchase land None 119 24 2,000 1928 5 Purchase price 2 year's 122 73 4,000 1927 7 Bal. purchase price interest 126 39 6,000 1922 6 Purchase contract ■■jplSOO 129 130 5,000 1922 1934 7 Purchase land None 146 27 3,300 1914 1932 6 Purchase land 146 40 1,200 1929 6* Purchase land 147 23 4,000 1929 1939 6 Purchase land None 149 19 2,000 1925 1933 7 Improvements None 152 223 2,500 1921 1932 6 Purchase land None 165 54 2,400 7 BiJ.1. ourchase price 166 102 4,000 1922 Forec losed 168 53 2 , 300 1926 1931 6 Purchase land 1 vear 171 39 1,200 4 deed 189 37 1,500 1930 1932 7 To pay off trust/ None 190 20 1,500 Bal. purchase price 200 30 1,000 1930 7 Govs, bills, tsixes 208 10 2,000 1922 Fo r e c lo sSd Purchase land 208 10 1,500 1922 6 Purchase land 209 19 2,000 1922 1933 6 Land & improv. None 210 31 5,000 1928 1933 8 Improvements Int. xvaived 221 26 2,600 1922 1927 7 All 223 281 I 98,000 1926 6 k Purchase 225 40 ' 2,435 1929 1934 7 Land purchase Int .for 225 40 3,000 1929 1933 7 Purchase land 1931-32 229 39 2,000 1930 1933 7 Reduce mortgage rone 235 38 (4,500 Taxes and (2,500 interest 238 38 4,450 1920 ' /hen 6 Purchase land 2 yrs . paid 249 29 3,300 1930 6 Bal. purchase pr . 253 AO 1,400 1931 ■19.54 6 Assumed on purch. None of land 259 36 3, 250 1921 6k Purchase ranch None 261 20 3,680 1923 past 7 Purchase ranch 7 yrs . due 228 39 6,000 1927 1947 5 Purchase land v575 6 136 2,200 1930 1934 7 Ranch None 12 98 11,750 1912 6 Land contract 47 40 1,000 1930 6 Bal. purchase 50 95 175 1929 1939 7 Bal. purchase or. None 70 38 750 1930 6 Bal. purchase pr. 250 143 23'^ 277 1931 1944 7 Purchase land 116 202 46 900 1930 1940 6 Bal. purchase or. 251 26 832 1929 1939 6 Bal. purchase pr. 252 36 576 1929 1939 6 Bal. purchase pr. INo. of farms 51 Total acres 28093- J263,279 I Inter -* 1 Sched- Amount uay me n u s ule Acres Morte;ae;ee O O first Date Date rate For v/hett X Ll number morte'as'e (riven ciue O V* V Q O V O di X cd.r s cent ) 17 58 Life a4,500 1932 1937 7 Purcha.se land 82 39 Insurance 5,000 1928 1938 6-1 3 int -Dav 215 47 Pn in T\\T 5, 700 1926 1933 7 I 'l'-- 0 ne 268 1101 (Four Purchase None 275 242 companies 26,000 1924 1930 7 Purchase & iiiprov. yrs repre- sented in this sample ) No. of To tal farms acres 5 1437 ^41,200 3 34 i'tortgage ^^6,000 1923 1937 7 Improvements 82 20 bank 1,500 1923 1934 ?* Pay old mortc;age None 152 40 4,100 1925 1934 Purchase farm None 244 40 3,500 1922 1934 7 k Improvements 1932 int. 245 125 15,000 1920 1932 7 Pay other mortgage 3 years 246 39 3,500 1920 1936 7i Purchase land None Wo. of To ta 1 farms acres 6 29S •;.33 ,600 7 41 Coiiimer- $3, 179 1931 1932 7 19 30 cial 5,500 1920 7 Purchase land 20 49 Bank 4,000 1929 1933 7 Purchase land None 23 45 1,750 1932 1936 7 Purchase land None 45 107 13,000 1931 7 TiTi'orovfiTnftnt s W V J O J tA _A. ^ 48 85 4,000 1930 7 On purchase 49 20 500 1931 19 32 7 N one 62 29 2 ,470 1931 7 1^1 1 p Vi p op 63 53 4 ,000 1929 7 Pi 1 y nlnti c tf* 64 27 5,000 1936 7 72 21 2, 500 7 85 80 1,000 1927 Ove r *■ 7 One rat ions 90 45 4, 500 1922 due 7 R 1 n* o T yn v t t DXUJio • , j.fiioruv • f ore c losec . 97 60 110 61 5,050 1927 1932 7 Pur oh, 61 acres ^•500 144 49 2,300 192 8 1932 7 Cows and M - 1 • j . ]^ ^ 0 n e Ren. 151 39 6,500 1932 1935 7 154 39 6,244 1928 1929 7 JT CI y u X ' J. X u ta.1 i 164 40 4,100 7 179 78 Foreclosed Jul Y, 1932 185 20 1,135 1922 7 x\t;x xi-iEAiiufc? I cincri r;one 193 20 3,150 1928 7 DccX . purcnase pr . 1 iTlO ' s . 204 34 6,000 1929 1934 7 ^rcnase lanci None 220 20 3,000 1927 1932 7 None 226 57 5,700 1928 Annu- 7 . UI oriel Xo.IiU. 231 42 ally 237 20 1929 1934 7 . uz orici£)fcj xdiiu. 1 year 241 35 5,000 1930 1934 7 iiuurovemenu s r; one 266 40 2,000 1929 7 3uild house 271 39 4,000 1930 7 Refinance balance due on ranch 118 23 2,680 Purchase price None 2 80 3,000 1927 "■■'iTien 7 Land and improv. I'one 24 51 4,800 19. iO oaid 7 ^rchase 1> one 33 56 4,600 1926 1936 8 Purchase 1 year 116 127 14,100 1926 120 48 300 1926 1936 6 Refinance ranch I • ;. , i I ^■^•ofl-'K^r 1 1 Inter- ■ -— — Extent Scbed • itrnoant i est payments ule ,cres .■■orte,ap;ee first Da te Date i rate l-'or ivhat in number mortgage Kiven due ; (per contracted arrears j cent) 198 75 ''.10 000 T 1 i Cattle business 256 88 2 , 500 1927 1932 7 Pay old loan i one j 32 40 7,600 1919 7 Contract of sales 107 21 750 1926 7 Sal. ourchase or. 107 40 1,000 1930 7 3al. ourcnase pr. 6 136 4,000 1931 1935 ; 7 Ran ch ^.2000 I No . of Total farms acres 41 2110 ^166,308 Chattel Mortgages and Ot nor Bank Loans Amount of Inter- ■tixtent Sch8d • ■•'iortgagee mortgage est payments ule Acres or or loan Date Date rate For vhat in numbe r lender given due (per contracted rretirs cent ) 9 •J \J ^2,000 1932 1932 3 Operations 107 196 6,500 Build house, level, taxes 110 118 190 1932 1932 7 Crop mortgage None 112 38 450 1930 1931 7 Operations 1 yr. 6 mo . int 1 ?4 X ui rr ?n 300 1931 1931 8 Pay taxes Overdue Oct . 1931 ^ ± 500 1932 V-'tA X X 7 Taxes 133 60 500 1932 1932 8 Harvest 238 38 350 1932 1932 8 Operations None 164 40 400 Interest & taxes overdue 116 127 13,000 1930 7 Purchase stocks °rin./ 90P. C\J\J 87 1929 Call 8 Purchase co,vs None 29 78 700 1930 7 Purchase cows 46 59 1,825 8 Purchase cattle 3 T.0S int . 47 176 800 19.'^ 1 7 Pi 1 1' r» In c *i P f\ 74 44 1,000 1930 No feed so turned co'.vs over to bank 177 145 1,100 1931 1932 7 Taxes, buy sheep and feed 225 75 620 1932 8 Current expenses Interest 234 61 900 7 27? 563 1932 7 Pay note given to pay M. I. D.tax rt 6,500 1932 7 Operations Q J 400 1929 193? 7 Buy tractor 1 0 100 1932 8 Pay county tax RO 135 Pay water tax u*r 750 1932 XU O Cj 7 Operations 450 1932 1 Q ^ 9 xc? o c 7 Living expenses Qd. ou 200 1930 8 1 "1 1«J ± ^ 1 2,200 1932 Kjci X X 7 Taxes 135 45 700 1932 1932 7 Operations 143 23| 1,750 1930 1930 Deficiency judg- Total ment 153 40 2,000 1932 1932 7 i„ake up losses °ast due 165 54 100 209 19 150 1929 1932 7 Rebuild house yone 212 32 100 1932 1932 8 Harvest 240 205 5,000 1931 1934 7 0 Derations ft one 242 35 200 1932 1932 7 Harvest None No. of Total farms acres 34 2433^ fli52,520 I I Second Mortgages Sched- uie number Acres Mortgagee junouni/ second mortgage Tin (-fi d.U6 Inter- est rate (per cent ) For .vhat contracted Extent payments in arrears 6 136 3y indi- ^25,000 1931 1935 7 .lanch None 16 20 viduals 900 1923 1932 5 Buy town lot None 85 80 or by 4,000 1932 7 Operations None 110 61 corpor- 2,200 1927 1933 6 Purchase land ;-;270 128 62 ations 11,000 1931 1941 7 Purchase land Fone 226 57 other 6,000 1929 6 Refinance loan 208 10 than 1,300 1922 6 Purchase land Fore- banking closed 239 32 corpor- 650 1927 1929 7 Purchase land 2 yrs. ations No. of farms 8 Total acres 458 H31,050 Table 2 List of Those Farms Having No Mortp;age Schedule i Schedule Schedule number Acres numbe r Acres number Acres io 98 79 181 209 C C 121 863 184 1004 9 7 An 123 19 187 42 0 1 O O 125 20 192 20 127 27 197 38 OD 130 49 201 20 o o 23 138 42 203 40 40 139 170 211 29 83 140 26 216 36 A9 141 70 219 28 AA 4? 145 39 222 20 1 07 148 19 224 38 oo ?0 155 56 106 24 0^ 94 156 165 196 40 00 oy 1 R7 X O 1 86 232 84 20 158 46 236 38 58 26 159 39 247 21 65 34 160 OU 9 AA 37 66 49 161 20 250 60 71 21 167 48 254 104 79 19 170 60 255 42 80 39 172 20 257 40 PI D 1 173 103 258 37 83 30 175 29 263 58 84 19 176 77 No. of Total 86 cO 178 19 farms acres 76 5,265 ijl So Df Those Giving No Information 8 40 99 39 213 40 13 Oi- 105 181 227 39 14 9 Pi 136 65 230 20 ?R <^ o 43 142 61 233 93 30 41 162 22 260 59 37 68 163 30 262 03 67 157 174 60 264 130 68 46 180 20 273 158 76 40 183 78 271 39 11 33 191 37 No. of Total 88 38 199 20 89 38 farms acres 32 1,825 Table 3 First and Second Mortgage and Chattel and Bank Loans on Farms in Survey Saraple, 1932 THrnp of mortgage K umber of farms * Number of acres Amount of mortgage Average per farm mortgaged Average per acre mortgaged Average per farm reporting Average per acre reporting First mortgage 148 10,803^ $751,333 Second mortgage 8 458 31,050 First and second 148 10,30Sg 782,383 Hp5,286.37 ^p72.39 41.3,372.34 $47.23 mortgages Chattel mortgages 34 2,483.| 52,520 1,544.71 20.15 226.38 3.17 and bank loans No mortgage 76 5,265 0 *Schedule numbers 116, 208, 225, 146, and 207 which have two mortgages, each on a separate part of the same farm, have been counted in the number of farms column only once. *The 8 farms (458 acres) having second mortgages were counted in the first mortgage group; hence they were not added to number of farms or number of acres for first and second mortgages. I 1—. Rough Estimate of Mortf;,age Loans Outstanding on the 1,463 Farms from which Sample v/as Dra\m If we assume the average debt for the farms on which information as to debts was given to be applicable to the entire 1,463, the following figures give a rough approximation of the total amounts owed by these farms as first mortgages and as second and chattel mortgages. Estimated total of first and second mortgages for the 1,463 farms of 20 acres and over (excluding rice and pasture farms) $4,501,456.00 Estimated total of chattel mortgages and bank loans same farms $302,825.00 It should be recognized that this does not include all loans in the District since loans to owners of small prooerties, store bills, city loans, and certain other types of loans are not included. Recognition also needs to be given to the fact that information of this type is more likely to be incomplete than most of the other kinds of information covered in the survey. On the other hand the farms mortgaged are likely to be somewhat better than the average since lenders tend to be somewhat reluctant to lend on the poorest grades of land. Records relative to mortgage conditions on the grazing and rice lands were not secured; so the acreages used in computing the above totals exclude these. A summary of the debt situation as found is pre- sented in Table 3 . This does not include such for:ns of debt as store bills and various personal loans. Table 4 Changes in Identical Accounts. Atwater Branch, Bank of America, November 1, 1928 to November 1, 1932 (Totals) Checking accounts , 226 Number Number which increased during the period 61 Total of such increases • $12,543.48 Number which decreased during the period 165 Total of such decreases • *130,599.28 Fet decrease ^^194, 548.63 - 7q,492.B5 5^118,055.80 Savings accounts , 435 Numbe r Number which increased during the period 241 Total of such increases ii:59,730.65 Number which decreased during the period 194 Total of such decreases ^pS7,489.54 Net decrease :^243,704.15 - 215,945.26 sf27,758.89 Total of checking and savings accounts, November 1, 1928 . . ,^438,252 .78 „ .1 n M " " November 1, 1932 ... 292,438.09 Decrease il45,814.69 -no- APPEIIDIX L Case Histories of a Number of Farms ^.^'iTiich Illustrate the Problem '.There for Various Reasons the Land Has Wot Been Well Farmed These situations are shown to illustrate the nature of the problems arising in a substantial number of cases -vithin the District which give rise to inadequate opVation and very low returns and to very low costs if taxes are not included. These are not representative cases, but are characteristic of a number of farms which fall in the lo.vest portion of the arrays as to incomes, costs, and net re- turns. It cannot be expected that taxes can be so adjusted that farms thus oper- ated will carry themselves, but, without arrangements which will give some market- ability to the lands of the District and some borrowing power to lando-mers, it seems likely that an increasing number of the farms will fall into this semi- operated condition or will be taken over by the District. Case No. 1 (175) Bought place in 1918 for ^^6,000; all buildings on place. 12 acres had been in alfalfa, but nothing left. lived on place until 1923: was engaged in buying and selling cattle and used place as a feeding lot. 1923 to 1926 place .vas leased to sweet potato growers. 1927 sold place on contract to brother for $4,000, ,#1,000 do.m payment, and took it back in fall of 1930. During these years advanced ^^1,400 for taxes, etc. Place deserted from fall of 1930 to February, 1932. Place rented for $25 per month, but hasn't collected any to date. The alfalfa on the place was planted in 1929. Should be plowed out this fall. Owner has had place listed for |il,500 but would take ^<1,000. Case No. 2 (103) bought the place in June, 1932. No information available. Has been rented by for several years previous to many different tenants. Nothing left on place but 15 acres of 12 year old alfalfa. Buildings in a very poor state of -/9/- / I repair. About 1925 was offered 314,000 for ranch In 1950 he was offered $10,000 all cash for place. He sold it in 1932 subject to about ,?3,000 and one year's taxes of ?500. He received between $300 and >>400 for his equity. Case No. 3 (78) O.vner bought land 7 yearc. ago, 22 acres for ;;pl5,000. It was part of the old Crocker-Huffinan Irrip;ation System. His house burned several years ago. His wife left, and he is now living in a room on the farm by himself. He built a new house for 1^3,000 and rents that to town people. He has done very little with his plum orchard. It has brought practically no returns and he exoects to pull it out next year. His grain produces fairly ./ell, but he has not sold this season's or last season's crops. His hay is baled and stored in his barn. He has on hand about ?,7 tons of good hay. This record is incomplete. Farmer would give no information, but this much was obtained simply in conversation with him. He apparently has no outside income: all labor on the place is done by himself and crop yields are poor. His orchard is in very poor shape. Case No. 4 (76) No one is farming this place this year. The place is gro-m over with weeds. The stand of fig trees is fair, but the trees show neglect. There is a swamp area on this property which would probably embrace 2 acres; the balance of the land is apparently well drained. Case No. 5 (203) Bought ranch in 1920 for -^6,000, |1,500 cash and paid balance of ,4,500 in 1925 expecting to improve for a home- His brother owns adjoining property. Party .vas a building contractor ivorking in Los Angeles and expected to develop this property oat of contracting business. "nYhen the depression slowed up his con- tracting business it made it impossible to improve the ranch and he has never been able even to make the taxes out of this property. Party lives on property belonging to father's estate and is driving a bus. His wife is janitor at one of / ( the schools. He expects to get his father's ranch as his share of the estate and with the money they get from the school jobs they hope to be able to keep their taxes paid. Case No. 6 (141) purchased 70 acres from the Stevinson Corporation in December, 1931, atnd paid $700 all cash. He states that nothing -'/as raised on this land for at least three years prior to his purchase. The s^veet potatoes show a fair stand throughout with prospect of a fairly good crop. The canal broke twice in July and flooded 8 to 9 acres of beans and melons, causing severe damage to both. About 10 acres of the beans will mature for harvest. About 6 acres of land, in two pieces, lie above the canal and cannot be irrigated. •5"- » APPENDIX M Principal Causes of Failure to -Ueet Payments* on Irrigation District Obligations (As summarized by Mr. I'Tells a. Hutchins on the basis of studies made of 37 defaulting irrigation districts)** "The principal reacons why the irrigation projects included in this study failed to meet their obligations were as follows: "(I) Inadequacy of vmter supply for the area included in the project. "(2) Inadequacy of the irrigation system for service of all lands charged with its cost, due mainly to difficulties in financing its completion. "(3) Irrigation charges, found to be unbearable when added to annual costs of land and improvements and living costs, due to overcapitalization, in- flation of costs by 'coot-plus' contracts, unduly brief amortization periods, or 'pyramiding' of district assessments in blanket-liability States. "(4) Heavy exploitation e.nd speculation in providing water and lands for settlers, including dishonest construction. "(5) Inclusion in the project of large proportions of marginal and sub- marginal lands and areas unsuited topographically. "(6) Engineering difficulties, disaster to irrigation -vorks, and unduly heavy maintenance and operation charges. "(7) Lack of properly devised and financed colonization plan; insuf- ficient settlement and development of land; and subsequent abandonment of land by settlers . "(8) Unfavorable farming and marketing conditions. "(9) Water shortages in the first feiv years of the project's life, re- sulting in initial crop failures and consequently failure to meet obligations. "(10) Drainage troubles. * As previously indicated, the causes of difficulty considered to be prominent in the case of the Merced District are those numbered 3, 5, 8, and 10. See Wells A. Hutchins, "Financial Settlements of Defaulting Irrigation Enterprises," United States Department of Agriculture Circular No. 72, Washington, 1929, op. 4 and 5. "(11) Internal troubles, graft, bad government, and broken morale of lando mers . "The specific reasons fall into four principal classes: (l) Engineering mistakes, which in future development should decrease with ^^^^^^^f-^^S technical knowledge and experience, (2) exploitation which the various district and blue- sky" laws are attempting to guard against; (3) colonization ^^^^^^^ '^^jij^ changes in the financial and economic situation, which can not always be foreseen and therefore require a large margin of safety. "Inadequacy of the water supply has been one of the leading causes of default, ^vhile two o'f the projects were wrecked by total failure of their pro- posed'sources of supnly. Insufficient colonization and lack of means of actual settlers to develop their holdings properly, resulting from failure of coloni- zation plans or from lack of properly financed and executed plans, and inability of the lards to carry the charges imposed upon them, constitute the other major causes. Unfavorable farming and marketing conditions accompanying the general agricultural degression following the .orld -rar have been a source of much trouble to going projects, and in other cases have been of local influence because of altitude, distance from markets, and unfortunate crop specializations. "These conditions depend more or less upon each other. For example, overcapitalization has resulted in some cases from excessive promotion profits; in others from overootimism on the part of landowners and mistaken judgment oi investment bankers as to the value of lands when construction is completed; m snil others from inclusion of too much unproductive or badly situated land; and a^ain from bad management in carrying out development plans. In one project a vicious circle was created by failure to complete the distribution^ system with available capital because of unexpectedly heavy reservoir costs, with the result that lack of water caused large areas to go delinquent, which m turn threw the proiect into default and ruined the market for further bonds offered to finance completion of the distribution system. In certain cases abandonment of settled lands has resulted from discouragement over the uphill task of making the lands pay constantly increasing irrigation charges, the net result being inability ol these projects to carry more than a small part of their annual obligations. "Discouragement of landovmers, intensified by pyramiding of district assessments where the lien is blanket in character almost inevitably results from troubles severe enough to cause the project to default. Sven where such troubles do not drive farmers away they often prevent them from bringing much additional land under cultivation or otherwise adding materially to improvements which they feel may soon be lost through tax sales, and it not infrequently leads the wealthier landowners to refuse to pay charges they are well able to pay. in many States lack of statutory authority to eject delinquents from the _ land until long after their first failure to pay taxes, and uncertainty in some instances as to the right to refuse delivery of water for nonpayment of assessments, olten oermit delinquents to harvest several successive crops without paying a cent on the project indebtedness. A defaulting project can offer little inducement to orosoective settlers." - / 'I 5 • 1^