Farm Financial Record Studies, 1933 (Classic Reprint) - Softcover

Inhaltsangabe

Excerpt from Farm Financial Record Studies, 1933

For the state as a whole there was an increase in farm earnings in 1933. The important factor in this increase in earnings was the higher prices for farm products, particularly grains.

Generally speaking, the 1933 season was not favorable to crop pro~ duction. Over a large part of the state a very wet spring, severe chinch bug damage, or a combination of both, resulted in very poor crop yields. This damage was much more severe in some areas of the state than in others, and hence was a factor in causing variation in farm earnings between different areas. In many communities farmers were forced to leave considerable acre ages idle in 1933 because of the unfavorable Spring season. Communities are by no means uncommon in which there is a serious shortage of feed, as a re sult of the reduced acreages and low yield of crops.

Industries other than agriculture also showed improved earnings in 1933 over 1932. A group of 810 industrial corporations reported by a nationally known-bank Show average earnings of percent on their invested capital in 1933. In 1932 a comparable group of corporations had a loss of one~tenth of one percent; in 1931, earnings of percent, and in 1930, earnings of percent.

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