$10,U00 has as his share of receipts $3,623 

 or 35 percent after trip expenses, wages, 

 and bonus are paici. On the other hand, a 

 vessel operator with per trip receipts of 

 $7,012 receives as his share only $1,901 or 

 27.1 percent. The cause of this drastic 

 reduction in the vessel operator's share of 

 receipts which accompanies lower levels of 

 receipts is the existing minimum guarantee 

 which makes total trip expenditures highly- 

 inflexible . 



In the absence of a minimum guarantee 



a vessel operator's shcire would be approx- 

 imately 35 percent at all levels of per 

 trip receipts. In this event the dollar 

 share available to a trawler owner with per 

 trip receipts of $7,012 would be $2,Ii5U, 

 an increase of $600 over the average ves- 

 sel per trip share of $1,901 in 1957. 



The large differences in per trip pro- 

 ductivity, and the effect of lower levels 

 of productivity on the distribution of 

 revenue, may well be the cause of the in- 

 activity of the less successful trawlers. 



Exhibit B 



Comparison of Per Trip Performance of "More Successful" 

 and "Less Successful" "Large Trawlers, 1956 



Vassel A 



January - April 



Total 



Per Trip 



Percent of Total Revenue 



May - August 



Total 



Per Trip 



Percent of Total Flevenue 



September - December 



Total 



Per Trip 



Percent of Total Revenue 



Vessel B 



January - April 



Total 11 



Per Trip 



Percent of Receipts 



May - August 



Total 10 



Per Trip 



Percent of fleceipts 



September - December 



Total 11 



PeE Trip 



Percent of Receipts 



Source: Settlement Sheets of Atlantic Fishermen's Union. 



63 



