Article clipped from Santa Ana Daily Evening Register

1U YEARFOR PRODUCERSIN CALIFORNIA_SAN* FRANCISCO. Feb. 21.—The yvnr 3 928 w** m favorable one fori California agricultural products, minerals, iunbsr and banklcs institutions, as indicated by the research department of the California PevelofHtieut association, in a recent survey.]Rstimates for the prlnc?pal field. Orchard and vineyard crops grown in the state showed n total volume production of 1t.ttlS.000 tons, with a total farm value of 8375.495,000. This is a reduction of I S per cent in value, compared with 1925. The principal factor which contributed to the lf*26 total was the lower price levels prevailing that year.As a group, the orchard and vineyard farmers enjoyed a more favorable year than did the field crop farmers.The total value of California mineral production for the year is conservatively estimated to havebeen $451,408.Wd, which is an increase of about 822,000.000. of 6 per cent over the previous high record year of 1925.These preliminary estimates, based on partially complete returns, attribute the increase in value to higher prevailing petrol-earn price**,A total lumber production in California pine and redwood re* j gions Increased 8 9 per cent during ! the year# compared to 1925,Total manufacturing activity j during 2926, as measured by wage- j earners employed, showed a small , increase over 1925, between 3 and . 4 per cent.Total annual bank clearings of *0 California clearing house cities amounted to 122,718.000.000 during 1926, representing a gain of 7*2 per cent over 1925 and 79.7 per cent over those reported in 1924. About 87 per cent of the total clearings is reported by three cities, San Francisco, Oakland and Los Angeles,
Newspaper Details

Santa Ana Daily Evening Register

Santa Ana, California, US

Mon, Feb 21, 1927

Page 12

Full Page
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Los A.

CA, USA 20 Aug 2023

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