THE VALUE OF WATER-RIGHTS 3
their use for farming purposes and owing to the inclusion of
densely populated areas, is so high that their ownership for the
protection of the quality of the runoff waters is entirely out of
the question and they do not then come under consideration in
the determination of the value of the opportunity to make a
water supply available.
Notes relating to Some Water-right Values in California. —
The following relating to the cost and value of certain water-
rights in California is from the testimony of engineers who
appeared before the Master in Chancery in the proceeding
entitled “ Spring Valley Water Company ws. The City and
County of San Francisco ”” which was on trial from July, 19135,
to May, 1916.
Mr. G. G. Anderson in his testimony referred to the value of
water-rights in southern portions of California as determined
from the value of the shares of stock in the various mutual
irrigation water companies, and he says ‘‘ care was exercised in
the analysis of individual cases to limit the values of these
water-rights to terms of the right to divert and use only, exclud-
ing all interest in attached lands or ditch systems or any assets
other than actual rights of diversion and use.” He cites:
Per million
gals. per day
Duarte Mutual Co. near San Gabriel. . . . . Salted ee $154,800
Covina Co. near San Gabriel. .......... vod. 117,057
Del Monte Co. near Pomona. . .......... TES 98,220
Canyon Water Co. near Pomona. . . . . . . miata et 104,490
San Antonio Co. near Ontario. .......... py 144,738
Bear Valley Co. near Redlands. ........... 90,248
Mill Creek Co. near Redlands. .............. 02,880
Gage Canal Co. near Riverside. ........... 77,400
Temescal Co. near Corona. ....... . als a alae. § 96,750
The foregoing values Mr. Anderson states “attach to the
service for the particular purpose (irrigation) which entails
delivery of water during the irrigation season or ordinarily 240
days per annum, rarely does the season extend to 270 days,
and the service during the limited period does not, in all cases,
yield full efficiency on the water-right,”
22¢
