512 UNITED STATES: — CALIFORNIA
Finance, Defence. — For the fiscal year ending June 30, 1920, the receipts and disbursements of all State funds was as follows : —
Dollars Cash on hand, July 1, 1919 . . . 12,650,128 Receipts, 1919-20 58,742,199
Total 71,392,327
Disbursements, 1919-20 , . . 61,908,140
Cash in hand, June 30, 1920 . . 9,484,187
The assessed value of taxable property on June 30,1920, was 4,555,445,447 dollars. The net bonded debt amounted to 50,259,500 dollars on June 30, 1920.
The Mare Island Navy Yard, the most important of the Federal naval establishments on the Pacific coast, is situated in California about 25 miles north of San Francisco, and there are United States Army posts at San Francisco, Benicia, Monterey, and San Diego.
Agriculture and Forestry. — At the date of the last Federal census (1910) there were 88,197 farms, comprising 27,931,444 acres, of which 11,389,894 acres were improved. The value of farms was 1,614,694,584 dollars, and the value of the annual product 153,111,013 dollars. Total forest area (1919) is 18,814,659 acres. California is the only State in which the best European varieties of grapes are successfully cultivated, and this gives great importance to the wine product, but owing to the prohibition law the latter must soon be discontinued. Extending seven hundred miles from north to south, and being intersected by several ranges of mountains, California has almost every variety of climate, from the very wet to the very dry, and from the temperate to the semi-tropical. Irrigation is extensively practised, being necessary in the more arid districts and beneficial in a larger area.
The wheat industry has declined in relative importance, while horticulture has made rapid strides. The cereal crops in 1920 were maize, 3,150,000 bushels; wheat, 9,100,000 bushels; oats, 5,425,000 bushels; barley, 28,7^0,000 bushels. Apples, pears, peaches, figs, apricots, plums, grapes, oranges, lemons, and other fruits are grown in vast quantities. Olives, honey, hops, walnuts, and almonds are also largely produced.
On January 1, 1921, the farm animals were 380.000 horses, 57,000 mules, 577,000 milch cows, 1,683,000 other cattle, 2,950,000 sheep, and 930,000 swine. The wool clip (1919) produced 13,298,000 pounds of wool. There are 9 ostrich farms in the State,
Mining, Manufactures, etc.— Gold was first discovered in 1848. In 1919 the gold output was valued at 17,335,100 dollars, and the silver output valued at 1,244,464 dollars. Other mining products were (1919) copper, 22,162,605 pounds (4,122,246 dollars), and 4,139,562 pounds of llM (219,397 dollars) ; .|uieksilver, 15,200 flasks (of 75 pounds net), valued at 1,368; 881 dollars. California produces more petroleum than any other Stale of the Union, with the occasional^ 'except ion of Oklahoma ; in 1919 the output reached 101,182,962 barrels, valued at 142,610,563 dollars. Granite and stone, kc. , were valued at 4,286,643 dollars ; Portland cement (4,645,299
