No. 630.-FARMERS' BUSINESS ASSOCIATIONS, BY NUMBER, MEMBERSHIP, AND VALUE OF BUSINESS DONE, BY STATES AND BY COMMODITY GROUPS NOTE.-Business in thousands of dollars. Estimates are based on reports received from association officers. Membership comprises members, contract members, and shareholders, but does not include patrons not in these categories. Business includes the f. o. b. value at shipping point of farm products sold by the associations, the sales value of farm supplies sold to members, and the revenue derived by associations rendering services such as ginning cotton, warehousing tobacco, storing wheat, etc. There were 10,752 associations for 1936-37 with an estimated membership of 3,270,000, and an estimated business amounting to $2,196,000,000; figures not available by States

Source: Farm Credit Administration, annual report, Statistics of Farmers' Marketing and Purchasing Cooperatives.

Includes dry beans and rice.

26. FARM PRODUCTION AND RELATED STATISTICS

[Figures in this section relate to continental United States except foreign trade statistics, which represent the trade of the "Customs Area." (See headnote, table 545)]

No. 631.-FARM INCOME-ESTIMATED CASH AND GROSS INCOME, BY MAJOR
GROUPS OF COMMODITIES, AND GOVERNMENT PAYMENTS: 1936 to 1939
NOTE. In thousands of dollars. Based on monthly estimates of farm marketings published regularly by
the Bureau of Agricultural Economics. Revised series; replaces estimates previously published

1 Representes value of crops, livestock, and livestock products actually sold off farms.

Represents cash income from farm marketings plus value of commodities used for human consumption on farms where grown at average prices received by producers. Includes chickens and turkeys.

Includes agricultural conservation, Sugar Act, rental and benefit, cotton option, and price adjustment payments to farmers.

Source: Department of Agriculture, Bureau of Agricultural Economics; annual reports, Agricultural Statistics, and Gross Farm Income and Government Payments.

668

No. 632.-FARM INCOME-ESTIMATED CASH AND GROSS INCOME, BY COMMODITIES: 1938 AND 1939

NOTE. In thousands of dollars. Cash income is value of crops, livestock, and livestock products actually sold off farms. Gross income is value of farm production sold plus value of production retained for use in farm homes

Source: Dept. of Agriculture, Bur. of Agricultural Economics; annual reports, Agricultural Statistics, and Gross Farm Income and Government Payments.

1929

No. 633.-FARM INCOME ESTIMATED GROSS AND CASH INCOME AND GOVERN-
MENT PAYMENTS, BY STATES: 1938 AND 1939

[In millions and tenths of millions of dollars. See headnote, table 632]

United States. 8, 880.0 8, 961.9 3, 662.3 5, 299. 6 7, 589.7 7,732. 5 3, 238. 0 4, 494. 5 8,071.9 8, 539. 6

1 Rental and benefit payments by Agricultural Adjustment Administration are not included.
Preliminary.

Source: Dept. of Agriculture, Bur. of Agricultural Economics; annual reports, Agricultural Statistics,
and Gross Farm Income and Government Payments.

No. 634.-FARM INCOME AND EXPENDITURES-ESTIMATED CASH INCOME, PRODUCTION EXPENSES, AND NET CASH: 1924 TO 1936

1 Cash income relates to the value of quantities sold, excluding products used in the farm home. Estimates for 1933 to 1936 include Government payments by the Agricultural Adjustment Administration. Includes expenditures for feed, seed, fertilizer, containers, spray materials, twine, cost of operating tractors, trucks, etc., insurance, ginning, miscellaneous current expenditures, and capital expenditures for machinery, tractors and repairs, and automobiles and trucks. Allowance is made for use of automobiles for purposes other than production.

Total cash wages paid.

Interest on all bank loans other than real estate loans and on 90 percent of all mortgage indebtedness, 10 percent of the total mortgage indebtedness being assigned to farm dwellings.

Only 90 percent of the estimated total taxes on farm property is included, 10 percent of the total being assigned to farm dwellings.

Preliminary estimate.

No. 635.-FARM INCOME AND EXPENDITURES-ESTIMATED GROSS INCOME, EXPENDITURES, AND INCOME AVAILABLE FOR OPERATORS' CAPITAL, LABOR, AND MANAGEMENT: 1924 TO 1936

1 Gross income includes the value of products consumed in the farm household on farm where produced * Current operating costs less amounts estimated as paid by nonfarmer landlords.

Relates to the depreciation of building, farm machinery, and other capital equipment, thus representing the cost of the use of these items rather than the amounts spent for them.

Cash wages to hired labor plus an allowance for board and perquisites furnished hired labor and domestic hired labor contributing to production. Includes only that portion of interest payable by farm operators; figured at 75 percent of all interest payable on farm mortgage debt on real estate used in production and interest on all bank loans, other than real estate loans. It is assumed that 70 percent of all taxes on farm property used in production are paid by the farm operator.

In estimating rent it is assumed that 72 percent of total rent goes to nonfarming landlords.

• Preliminary estimate.

Source of tables 634 and 635: Dept. of Agriculture, Bur. of Agricultural Economics; annual reports, Agricultural Statistics, and Gross Farm Income and Government Payments.