the average monthly expenditures of a crew member on bases {A), (B), and 

 (C) are as follows? 



(A) (B) (C) 



Monthly expenditures , o « . . . » <. o 



X cLJv QS a»oo«ooaoeooaoooo*oooooo 



Total expenditures 



oo^ooooo 



If this is compared with one month's income (share)s, the result is 

 as follows? 



lAl iB)_ - icX 



One month's income . o . „ . « » o <, ., o ^7„50 $6c04 I 60 04 

 One month's expenditures . » . » >, 5o79 9o00 10o39 



Difference ............... o „ 1„71 2o97 loss 4c.28 loss 



If the articles necessary for work are all obtained on ration at 

 the legal ceiling prices^ the fisherman's net earnings are $lo71 per 

 month, but in the actual present circumstances, in which a part or all 

 of the items must be bought on the free market, the fisherman suffers 

 a loss of $2„97 to $4o28 per months Under the present ceiling prices 

 on fish and the present supply situation for materials, the boat owner 

 loses over |900 per month and the individual fisherman loses over |4 

 per montho Is it possible that the tuna fishery can expand and re- 

 establish itself under these conditions? Can the present conditions 

 be continued indefinitely? It is impossible for boat owners and 

 fishermen who lose money everytime they go to sea to have any very 

 high productive ambitions. We must conclude then that the present tuna 

 prices do not afford values suitable for the operation of the tuna 

 fishery. 



Method of Calculating Proper Prices 



The foregoing concludes the accounting of income and expenditures 

 in the tuna longline fishery. Various factors enter into the determina- 

 tion of a proper price for tuna, but at least one major factor is 

 thoroughly clear— that the price must be at least such as to make 

 operating possible. This being the case, let us take a look at the 

 results of the calculation of income and expenditures. 



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