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 Table 3. --Average Capital Invested in Citrus Picking and Hauling Equipment,
 28 Firms, 1953-54.1/

 S Average : Average Per : Percent
 Per : 1,000 Boxes : of
 Asset Firm Handled : Total
 Cost Book Cost Book Cost Book
 Cos Value: Value: : Value
 Land and buildings $ 1,990 $ 1,578 $ 2.18 $ 1.73 2.1 3.3
 Autos, trucks, trailers 79,001 38, 158 86.49 41.77 84.5 78.4
 Boxes, ladders, field equipment 10,355 7,514 11.33 8.22 11.1 15.4
 Office equipment 2, 186 1,430 2.39 1.57 2.3 2.9

 Total $93,532 $48,680 $102.39 $53.29 100.0% 100.0%

 J/ Value of some assets not always completely obtained. Land and buildings and office
 equipment were frequently included in packinghouse assets for fresh fruit packers. Boxes
 and ladders were often not carried on the books as an asset.

 2/Volume on which any service was performed buying and selling, picking, hauling or
 any combination. Average volume per firm on this basis was 913,407.


 Total book value of investment per firm averaged $48,680 or $53 per 1,000 boxes

 handled. Of this 3.3 percent was in land and buildings, 78.4 percent in automotive

 equipment, 15.4 percent in boxes, ladders, loaders and other miscellaneous equipment,

 and 2.9 percent was in office furniture and equipment. The cost of the above equipment

 averaged $93,532 per firm and was 48 percent depreciated. On the basis of book value

 the total investment per 1,000 boxes was greater for the dealers than the packers. The

 packers, however, had much more investment in field boxes than dealers and their

 records often did not separate land and buildings or office furniture from the packing-

 house assets.

 If only the more intensive operations of picking and hauling are considered

(omitting the volume of buying and selling acd contracted volume), the capital invested

directly in trucks and trailers and boxes and ladders amounted to $63 per 1,000 boxes