Long term precipitation gaging station record (58 years) was analyzed by progressive mean method to compare the estimated effective period of records for computing mean and probable values. Obtained results are as follows: 1. Fifty-eight years precipitation records at Jinju, Gyeong Sang Nam Do was analyzed by double mass analysis method. Result was appeared that the record was consistent with time. 2. The effective period of records for estimating mean values with the departure of 5% or less from the true mean are up to 33 years for annual precipitation, 20 years for annual maximum daily precipitation and 45 years for maximum successive dry days in summer season. 3. To estimate the probable values by Gumbel-Chow method within the departure of 5% level from true value, periods of 51 years, 38 years and 45 years were required for annual precipitation, annual maximum daily precipitation and maximum successive dry days in summer season, respectively.