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Valley Farming Spurs Big Jump in State Income
Gibert H. Jertberg of the State Chamber cites agriculture as the main driver of wealth growth in the San Joaquin Valley District over the past decade. Farm cash receipts rose from 140.1 million in 1940 to 640.4 million in 1949, with 1950 totals at 872 million including cotton valued at 240 million and grapes and raisins at 152 million. 1951 cotton alone projected 375 to 400 million. Mineral and oil sectors added 40 million payrolls annually, with 1949 mineral output at 406 million and 300 firms employing 9,681 in Q3 1949.
MENTIONED IN THIS ARTICLE
San Joaquin Valley
Gibert H. Jertberg
State Chamber
Jertberg