NATIONAL INCOME N · rapid advance of recent months. In May, personal income (before tax) reached an annual rate of $301 billion, which compares with $293% billion in the first quarter

JULY 1955

U. S. DEPARTMENT OF COMMERCE

OFFICE OF BUSINESS ECONOMICS

NATIONAL INCOME N

SURVEY OF CURRENT BUSINESS

No. 7

JULY 1955

r lational Jsncome I lumber

THE BUSINESS SITUATION.PAGE

1

NATIONAL INCOME AND PRODUCTOF THE UNITED STATES, 1954 4

List of Statistical Tables 5National Income and Product Accounts 6

MONTHLY BUSINESS STATISTICS....S-1 to S-40New or Revised Statistics • •. 28Statistical Index Inside back cover

Published by the U. S. Department of Commerce, SINCLAIR W E E K S ,

Secretary. Office of Business Economics, M. JOSEPH M E EH AN,

Director. Subscription price, including weekly statistical supplement, is$3.25 a year; Foreign, $4.25. Single copy, 30 cents. Send remittances toany Department of Commerce Field Office or to the Superintendent of Docu-ments, United States Government Printing Office, Washington 25, D. C.Special subscription arrangements, including changes of address, should bemade directly uith the Superintendent of Documents. Make checks payableto Treasurer of the United States.

DEPARTMENT OF COMMERCE

FIELD SERVICE

Albuquerque, N. Mex. Los Angeles 15, Calif.321 Post Office BIdg. 1031 S. Broadway

Atlanta 5, Ga. Memphis 3, Tenn.50 Seventh St. NE. 229 Federal BIdg,

Boston 9t Mass. M i a m i 32> F I a-U. S. Post Office and 3 0 0 N E - F i r 8 t Ave.Courthouse BIdg.

Minneapolis 2, Minn.2d Ave. South andBuffalo 3, N. Y.

117 Ellicott St.

Charleston 4, S. C.Area 2,Sergeant Jasper BIdg.

Cheyenne, Wyo,307 Federal Office BIdg.

Chicago 6, 111.

226 W. Jackson Blvd.

Cincinnati 2, Ohio

3d St.

New Orleans 12, La.333 St. Charles Ave.

New York 17, N. Y.110 E. 45th St.

Philadelphia 7, Pa.1015 Chestnut St.

Phoenix, Ariz.137 N. Second Ave.

442 U. S. Post Office Pittsburgh 22, Pa.and Courthouse 107 Sixth St.

Cleveland 14, Ohio1100 Chester Ave.

Dallas 2, Tex.1114 Commerce St.

Denver 2, Colo.142 New Customhouse

Detroit 26, Mich.230 W. Fort St.

El Paso, Tex.Chamber of Commerce

BIdg.

Houston 2, Tex.430 Lamar Ave.

Jacksonville 1, Fla.311 W. Monroe St.

Kansas City 6, Mo.911 Walnut St.

Portland 4, Oreg.

520 SW. Morrison St.

Reno, Nev.

1479 Wells Ave.

Richmond 20, Va.900 N. Lombardy St.

St. Louis 1, Mo.1114 Market St,

Salt Lake City 1, Utah222 SW. Temple St.

San Francisco 11, Calif.555 Battery St.

Savannah, Ga.125-29 Bull St.

Seattle 4, Wash.909 First Ave,

For local telephone listing, consult section

devoted to U. S. Government

JULY 1955

VLudinedd uauon

By the Office of Business Economics

New Construction Activity

BILLIONS OF DOLLARS

8

TOTAL PRIVATE

i 1 1 , 1 , 1

PRIVATE CONSTRUCTION

RESIDENTIAL(NONFARM)

NONRESIDENTIALBUILDING

PUBLIC UTILITY•••••••••••••••••••••••••••

I I I I I I

FARM a OTHER PRIVATE

TT7T7* i r1952 1953 1954 1955

QUARTERLY TOTALS, SEASONALLY ADJUSTED

OATA: BDSA & BLS

U. S. DEPARTMENT OF COMMERCE, OFFICE OF BUSINESS ECONOMICS 55-39-1 •

LT MID-YEAR the forward momentum created by theinterplay of rising income and expenditures had carried bothindustrial output and the aggregate production of the econ-omy to new high ground. The steady advances in the in-comes and spending of both individual consumers and busi-ness firms which had characterized the earlier months of 1955were being maintained as spring merged into summer.

The recovery in corporate profits, following the reducedearnings of last year, has been an important element instrengthening and broadening the growth of business oper-ations, and particularly, it may be presumed, in the moti-vations which resulted in the reversal of the trend of capitalexpenditures. Higher profits have also facilitated the financ-ing of expansion and modernization programs by enlargingthe flow of internal funds available for investment.

By the first quarter of this year, as indicated by data whichhave just become available, corporate profits before tax hadrisen to a seasonally adjusted annual rate of $40.9 billion;up $7% billion from the average rate of the first 9 months of1954 and only fractionally below the first half of 1953.After-tax profits, estimated at an annual rate of $20.4billion, were above early 1953 as a result of the interveningtax reduction, and the best since the winter of 1950-51,when corporate financial statements were greatly affected byrapid price advances. In the first quarter of 1955 prices weregenerally stable and earnings reports included only a smallelement of profits arising from a raised valuation of inven-tories. The bulk of the gain from the previous year was thedirect result of the higher volume of operations. Nearly allmajor industries participated in the profit advance throughthe first quarter, and from the subsequent advance in produc-tion and sales it may be inferred that earnings have sinceadvanced further.

Income rise continues

Consumer income, which on an after-tax basis had in-creased appreciably even in 1954, is continuing the morerapid advance of recent months. In May, personal income(before tax) reached an annual rate of $301 billion, whichcompares with $293% billion in the first quarter of this yearand a 1953 quarterly peak of $288 billion. The principalpersonal income gains this year have been in payrolls, whichhave been attaining new highs each month.

Employment continued to increase in June. On a season-ally adjusted basis, the number of employees in nonagrieul-tural establishments was up over 100,000 from May and450,000 from April. Over the 2-months period all majorindustries reported increases—with manufacturing account-ing for nearly half of the total advance.

Wage settlements during June and early July in the auto-mobile, steel, and other industries, together with increasesin salary rates enacted for Federal military and civilian em-

348407°—55 1

SUEVEY OF CUEEENT BUSINESS July 1955

ployees, will operate toward further raising labor incomebeginning in the summer months. Effective within a fewdays of the wage increase, with its influence upon productioncosts, leading steel producers announced price advancesaveraging nearly 6 percent.

The construction industry continued very active in June.The construction total for the first half year, seasonallyadjusted, was 11 percent above the 1954 annual averagewhile that for private (nonfarm) residential building was up20 percent. The latter increase is attributable to the com-bined effects of more dwellings started, completions in 1955of the unusually large number started in the final months of1954, some increase in construction costs and a trend towardlarger and higher-average-priced homes.

Manufacturers' seasonally adjusted new orders, up 6percent from April were the largest placed in 1 month sincethe buying rush accompanying the Korean emergency.Nearly all of the increase was ascribable to new orders fordurable goods. Manufacturers7 seasonally corrected Maysales, although expanding less rapidly than new orders, werelarger than ever before.

Table 1.—Prices of Selected Consumer Commodities and Services[Indexes, March 1953=100]

March1955

All consumer prices

All commoditiesl

FoodTobacco productsApparel

Cotton apparelRayon and nylon apparel-Shoes

HousefurnishingsTextile housefurnishings.._Furniture and beddingElectric refrigerators

Solid fuels and oilTelevision setsRadios, table

All services except rent 1.

Laundry servicesDry cleaning and pressingDomestic serviceMotion picture admissions

Men's haircutsBeauty shop servicesAuto repairsAuto insurance

Street car and bus fares—Gas and electricityResidential telephone service-Medical care (excluding drugs)

Rent

March1953

100

100

100100

100100100100

iiii

III

100

IIII

8888

iiii

100

March1954

101.1

99.7

100.4101.6

99.699.798.6101.7

99.395.499.295.0

101.194.497.2

103.6

101.7101.7101.3106.3

101.0103. 3104.599.7

109.8101.0103.8103.0

105.2

100.6

97.9

99.2101.7

98.698.796.8

102.4

96.992.898.289.5

101.487.592.5

105.5

102.3102.0101.8113.3

102.4105.8106.297.8

115.7103.699.1

106.7

106.8

1. Includes other items not shown separately.

Source: Basic data from U. S. Department of Labor, Bureau of Labor Statistics.

The May increase in manufacturers' inventories, the mostappreciable since the recovery began, was broadly spreadamong major industry groups with the nondurables account-ing for somewhat more than half. Growing sales volumeled to appreciable inventory expansion also at the wholesaleand retail levels. Seasonally-adjusted inventories of bothwholesalers and retailers were larger. The increased hold-ings in both instances were largely durables, and in the caseof retailers the rise again was concentrated in stocks ofmotor vehicle dealers.

Prices in Recession and Recovery

The stability of broad price indexes both at the consumerand wholesale levels during the recent recession and recoveryhas been sufficiently noteworthy to attract widespread com-

ment. In this development, however, the part played bythe averaging process is significant because the stability ofthe price indexes has resulted as much from the mutualcanceling out of divergent movements of various componentôf the indexes as from absence of price change. Pricechanges on the part of some commodities or commoditygroups have in fact been appreciable since 1953.

Consumer commodities down, services upThe divergence between the movement of the average

prices of consumer services and that of the more heavilyweighted consumer commodities, which was evident in 1952,became more pronounced during the 1953 business down-turn and the subsequent recovery period. Between March1953 and March 1954—spanning most of the downward ad-justment phase—average prices of consumer commoditiesdeclined 0.3 percent while consumer service prices (excludingrent) moved up 3.6 percent. From March 1954 to Marchof this year, the decline of consumer commodity prices be-came more substantial with an additional drop of 1.8 percentduring the period; in the same time span consumer servicesextended their rise by an added 1.9 percent. The rent indexwent up 5 percent from March 1953 to March 1954 and anadditional 1.5 percent to March 1955.

The current divergence of consumer commodity and serv-ice prices is about in line, according to the evidence availablesince 1935, with developments in earlier business cycles.Service prices characteristically move differently fromcommodity prices for various reasons.

On the demand side, they are purchased as needed, theyexpand with population and income, and, apart from seasonalmovements, are relatively free from short-term fluctuationsarising from consumer stockpiling in good years and budget-cutting in poorer years. On the supply side, many servicesare produced by public utilities whose rates are subject toregulation by public authorities and hence are adjusted tcchanging economic conditions usually after a lag. Houserents also experience lagging adjustments either becausethey also may at times be regulated or because they areusually fixed for the duration of fairly long-term contracts

The element of inventory fluctuations which contributessubstantially to short-term movements of commodity pricesplays little, if any, part in service price determinationFinally, services performed by public officials, such as auto-mobile registration, are rendered for fees which are relativelyinflexible. In general, service prices are determined by conditions in many local rather than nationwide markets ancare therefore subject to any unusual factors prevailing in igiven locality.

Largely for the foregoing reasons, service prices are characteristically free from short-term fluctuations, adjust slowbto cyclical or wartime increases in the general price level anclargely resist downward adjustments in periods of recessionIt should be noted that, notwithstanding the larger ris<since 1952, depicted in the chart, of rent and other servicesover the longer period from 1935-39 to March 1955 renthave gone up about one-fourth less than commodities, an<other services about one-eighth less.

The decline in the cost of telephone service after Marc]1954 reflected the reduction in Federal excise taxes effectivApril 1, 1954, rather than a basic price adjustment. Amon;all the services for which separate price indexes are availableprice declines, except for those related to tax cuts, were ras-v

Commodities affected by supplyThe moderate declines in consumer commodity price

between March 1953 and March 1955 were chiefly associate*with the availability of goods. During the first part of th

July 1955 SURVEY OF CURRENT BUSINESS

interval, inventories were in some cases burdensome andwere moved with the help of price concessions. During theensuing recovery, the volume of production of various itemsExpanded markedly so that lower prices reflected lower unitcosts as well as added incentive for consumers to absorb the

Consumer Prices

INDEX, 1947-49 « 100140

120

100

30

SERVICES(EXCLUDING RENT)

A » I I l i I t 1 I I I I I t t 1 t t

1950 1951 1952 1953 1954END OF QUARTER MONTH IN EACH YEAR

1955

OATA: BLS

65-39-2U. S. DEPARTMENT OF COMMERCE, OFFICE OF BUSINESS ECONOMICS

additional output. Lower costs due to technological im-provements in industrial processes and increased competitionamong producers and distributors for larger individual sharesof the market were undoubtedly also factors in the shadingof commodity prices during this period.

Wholesale price trendsThe most pervasive trend evident among the hundreds of

commodities composing the wholesale price index of theBureau of Labor Statistics is the continued downdrift ofagricultural product prices relative to those of nonagricul-tural origin. Another broad trend, closely related to thefirst because farm products account for roughly half of allraw materials in terms of their relative importance in theindex, is the tendency for prices of raw materials to be some-what weaker than those for manufactures during the reces-sion and less strong in the recovery so far.

These divergent trends reflect the greater flexibility ofsupply during periods of fluctuating demand in markets foraonagricultural products than in those for the products ofagriculture. Supply of nonagricultural products has beenrelatively flexible and was cut back during 1954 as demandtemporarily faltered; in the same period there was no reduc-ion of overall farm output. Since recovery began pressure>n the demand side has been most insistent for consumerdurable goods and producers' capital goods of all types,irhis has been a factor in the outstanding strength of metalstnd structural products, though cost increases have influencedhe upward movement of some of these products.

Raw food prices lowerNotwithstanding the steady expansion of consumer ex-

)enditures for food and beverages, prices of raw or semi-

processed farm foods have moved lower during the recoveryperiod; the May index was 89.3 (1947-49=100) as comparedwith 96.7 in May 1954. Sharply lower livestock prices,resulting from unusually heavy marketings of cattle and hogs,were the primary factor in depressing raw foods. However,the continued recession of green coffee and cocoa bean pricesfrom the speculative highs of last year has also been an im-portant element in the decline.

The raw agricultural nonfoods price index has shown littlechange during the recovery period as much stronger pricesfor crude natural rubber have offset somewhat lower quota-tions for most of the plant and animal fibers, the inediblefats and oils, leaf tobacco and hides and skins.

Prices of manufactured agricultural products have alsodrifted lower with both manufactured foods and agriculturalnonfoods down appreciably in the past year.

Nonagricultural products firmer

Nonagricultural raw materials showed moderate price con-cessions during the downward adjustment period but haveconsiderably more than regained the lost ground during therecent recovery. Raw or semimanufactured metals and for-est products prices have been strongest in this category.

Prices of most groups of manufactured nonagriculturalproducts have been uniformly strong during the recovery.The only price index in this group to move lower was man-ufactured fuels and electric power as reduced quotations forelectricity and gasoline outweighed somewhat higher pricesof kerosene and fuel oil.

Table 2.—-Wholesale Prices Classified as to Stage of Manufactureand Type of Material, 5-Month Averages (January-May) for EachYear

[Indexes, 1947-49=100]

All wholesale prices

All raw or semimanufactured materials.All manufactures—

All agricultural products

Raw or semimanufactured productsFoods __._Nonfoods

ManufacturesFoods and beveragesNonfoods.

All nonagricultural products

Raw or semimanufactured materials—_ChemicalsForest productsMineral fuels __Metals _: .•

ManufacturesChemicalsForest productsMineral fuels and electric powerMetal productsNonmetallic structural minerals-__

All other, not shown separately. _

1953

109.7

105.4111.4

101.6

97.497.795.8

104.2105.2102.4

116.8

115.8112.2117.9111. 7121.2

117.2101.4117.8105.6122.1119.1

103.8

1954

110.8

104. 5113.1

102.1

96.897.295.1

105.3107.0102.0

118.6

114.1114.1113.7111.8115.8

119.9102.7118.6108.2125.2124.6

103.1

1955

110.2

103. 4112.8

98.4

92. 090.996.6

102.4104. 598.4

120.4

118.0114.2119.5111.1126.4

121.1104. 3118.5106.5127.2126.2

102.4

Source: Basic price data from U. S. Department of Labor, Bureau of Labor Statistics.

Prices of manufactured metals and nonmetallic structuralminerals were generally stronger this spring in reflection ofthe active demand for durable goods of all types and forconstruction. Prices of nonferrous metals have been strongunder the influence of supply shortages stemming from labordisputes and of keen demand. Steel product quotationsmoved moderately higher even before the general increasein early July. Prices for most types oi machinery and equip-ment have edged upward; so have wholesale prices of motorvehicles.

eJJata on the I latlonal C^conontu

National Income and Productof the United States

1954

JLfETAILED national income and product statistics for the year 1954, together with revisedestimates for 1952 and 1953, are presented in this report. For convenience, the key seriesshowing national income, gross national product, personal income, disposable income, andtheir relation to one another are provided for all years back to 1929. Revised quarterly andmonthly estimates for 1955 are given on pages S-l and S-9 of this issue of the SURVEY OFCURRENT BUSINESS.

The data for 1929-51 contained in the 1954 National Income supplement and those forlater periods given in this issue of the SURVEY together represent the entire set of nationalincome and product statistics published by the Office of Business Economics with two ex-ceptions. These are the annual series on income by States (published regularly in theAugust issue of the SURVEY) and on the size distribution of family income (initiated in 1953in a special supplement to the SURVEY, Income Distribution in the United States, and carriedforward in an article in the March 1955 SURVEY.)

The present report is intended for use in conjunction with the 1954 National Income sup-plement. The numbering and stubs of the various tables correspond to those used inNational Income. Footnotes, definitions, and the descriptions of concepts and sources andmethods have not been repeated. A list of errata in the National Income supplement isgiven at the end of this report.

The revisions of the estimates were occasioned in part by incorporation of data fromInternal Revenue Service tabulations of corporate and individual income tax returns for1952. These are used in connection with several of the income and product series, notablycorporate profits and nonfarm inventories. Inclusion of the Agriculture Department'slatest estimates of farm income and related items for the period since 1952 also affected anumber of the tables. In addition to these and other back-year sources, revisions in the 1954and 1955 figures reflect the incorporation of data for 1954 which become available only on anannual basis and hence could not be utilized in preparing the initial estimates for that period.

4

of ^tatidticai ZJabled

NATIONAL INCOME AND PRODUCT ACCOUNTSPAGE

I. National Income and Product Account, 1954 6II. Consolidated Business Income and Product Account,

1954__ 6III. Personal Income and Expenditure Account, 1954___ 7

IV. Consolidated Government Receipts and Expendi-tures Account, 1954__ ___

V. Rest of the World Account, 1954VI. Gross Saving and Investment Account, 1954

PAGE

777

ANNUAL TABLESPAGE

1. National Income by Distributive Shares, 1929-54 82. Gross National Product or Expenditure, 1929-54 83. Personal Income and Disposition of Income, 1929-54_ 104. Relation of Gross National Product, National Income,

and Personal Income, 1929-54 105. Sources and Uses of Gross Saving, 1952-54 126. Securities and Exchange Commission Estimates of

Personal Saving and Comparison with Departmentof Commerce Estimates of Personal Saving,1952-54 12

7. Consolidated Business Income and Product, 1952-54. 128. Government Receipts, 1952-54 129. Government Expenditures, 1952-54 13

10. Social Insurance Funds, 1952-54 1311. Transactions of the Rest of the World with the United

States, 1952-54 1312. National Income by Legal Form of Organization,

1952-54 1313. National Income by Industrial Origin, 1952-54 1414. Compensation of Employees, by Industry, 1952-54__ 1415. Wages and Salaries, by Industry, 1952-54 1416. Supplements to Wages and Salaries, by Industry Di-

vision, 1952-54 1517. Income of Unincorporated Enterprises, by Industry

Division, 1952-54 1518. Corporate Income Before Federal and State Income

and Excess Profits Taxes, by Industry, 1952-54___ 1619. Federal and State Corporate Income and Excess Prof-

its Tax Liability, by Industry, 1952-54 1620. Corporate Income After Federal and State Income

and Excess Profits Taxes, by Industry, 1952-54__ 16

21. Net Corporate Dividend Payments, by Industry,1952-54 _

22. Undistributed Corporate Income, by Industry,1952-54

23. Inventory Valuation Adjustment, by Industry Divi-sion, 1952-54

24. Net Interest, by Industry Division, 1952-5425. Number of Full-Time Equivalent Employees, by In-

dustry, 1952-5426. Average Number of Full-Time and Part-Time Em-

ployees, by Industry, 1952-54 ._ .__27. Average Annual Earnings per Full-Time Employee,

by Industry, 1952-5428. Number of Persons Engaged in Production, by In-

dustry, 1952-5429. Corporate Sales, by Industry, 1952-5430. Personal Consumption Expenditures, by Type of

Product, 1952-5431. New Construction Activity, 1952-5432. Private Purchases of Producers' Durable Equipment,

195233. Net Change in Business Inventories, 1952-5434. Supplements to Wages and Salaries, 1952-54.35. Personal Contributions for Social Insurance, 1952-54-36. Transfer Payments, 1952-5437. Monetary and Imputed Interest, 1952-5438. Reconciliation of Department of Commerce Estimates

of Corporate Profits with Internal Revenue ServiceTabulations, 1952

39. Major Items of Personal Income and Personal Con-sumption Expenditures in Kind, 1952-54 __

40. Gross National Product or Expenditure in ConstantDollars, 1929-54____

41. Implicit Price Deflators for Gross National Productby Major Segments, 1929-54.

QUARTERLY AND MONTHLY TABLESPAGE

42

43

National Income by Distributive Shares, Quarterly,1952-54 24

National Income by Distributive Shares, SeasonallyAdjusted Quarterly Totals at Annual Rates,1952-54 24

44. Gross National Product or Expenditure, Quarterly,1952-54 24

45. Gross National Product or Expenditure, SeasonallyAdjusted Quarterly Totals at Annual Rates,1952-54 25

46. Disposition of Personal Income, Quarterly, 1952-54__ 2547. Disposition of Personal Income, Seasonally Adjusted

Quarterly Totals at Annual Rates, 1952-54 25

48. Relation of Gross National Product, National In-come, and Personal Income, Quarterly, 1952-54

49. Relation of Gross National Product, National Income,and Personal Income, Seasonally Adjusted Quar-terly Totals at Annual Rates, 1952-54

50. Personal Consumption Expenditures by Major Type,Quarterly, 1952-54

51. Personal Consumption Expenditures by Major Type,Seasonally Adjusted Quarterly Totals at AnnualRates, 1952-54

52. Personal Income, Seasonally Adjusted Monthly Totalsat Annual Rates, 1952-54

PAGE

16

16

1717

18

18

18

1818

1920

202020202121

21

21

22

23

PAGE

25

26

26

26

27

National Income and Product Accounts, 1954Table I.—National Income and Product Account, 1954

[Millions of dollars]

Compensation of employees:Wages and salaries. 196, 244Supplements 11, 657

Income of unincorporated enterprises and inventory valuationadjustment 37, 876

Rental income of persons :: 10, 539

Corporate profits and inventory valuation adjustment:Corporate profits before tax:

Corporate profits tax liability 17, 082Corporate profits after tax:

Dividends 10, 008Undistributed profits 6, 952

Inventory valuation adjustment — 227

Net interest 9, 542

National income 1 299, 673

Indirect business tax and nontax liability 30, 252Business transfer payments 1, 221Statistical discrepancy —814Less: Subsidies minus current surplus of government enter-

prises —108

Charges against net national product 2_ 330, 440

Capital consumption allowances 30, 034

CHARGES AGAINST GROSS NATIONAL PRODUCT 2__ 360, 474

Personal consumption expenditures 236, 532

Gross private domestic investment 47, 248

Net foreign investment —266

Government purchases of goods and services 76, 960

GROSS NATIONAL PRODUCT » 360,474

1. Data for other years in table 1. 2. Data for other years in table 4. 3. Data for other years in table 2.

Table II.—Consolidated Business Income and Product Account, 1954[Millions of dollars]

Compensation of employees:

Wages and salaries:Disbursements 158, 084Excess of accruals over disbursements 0

Supplements:Employer contributions for social insurance 3, 988Other labor income 6, 035

Income of unincorporated enterprises and inventory valuationadjustment 37, 876

Rental income of persons 10, 539

Corporate profits and inventory valuation adjustment:Corporate profits before tax:

Corporate profits tax liability 17, 082Corporate profits after tax:

Dividends 9, 430Undistributed profits 6, 164

Inventory valuation adjustment — 227

Net interest 5, 926

Income originating 254, 897

Indirect business tax and nontax liability 30, 252Business transfer payments 1, 221Statistical discrepancy —814Less: Subsidies minus current surplus of government enter-

prises —108

Charges against net product 285, 664

Capital consumption allowances 30, 034

CHARGES AGAINST BUSINESS GROSS PRODUCT____ 315, 698

Consolidated net sales:

To consumers 223, 155To government 41,710To business on capital account ^ 50, 100To abroad 3,585

Change in inventories —2, 852

BUSINESS GROSS PRODUCT. __ 315, 698

1. Data for other years in table 7.

Table III.—-Personal Income and Expenditure Account, 1954[Millions of dollars]

Personal consumption expenditures:Purchases of direct services:

Compensation of employees:Wages and salaries paid 7, 832Supplements paid:

Employer contributions for social insurance. 86Other labor income 87

Interest paid 3,235Income originating in and net and gross product of

households and institutions 1 11, 2J+0Net purchases from business 2_ 223,155Net purchases from abroad 3 2,137

Personal tax and nontax payments 4 32, 818Personal saving4 18, 282

PERSONAL OUTLAY AND SAVING4 — 287,832

Wage and salary disbursements:Business2 158, 084Government1 30, 306Households and institutions 1 7, 832Rest of the world1 22

Other labor income:Business2 ____• 6, 035Government1 444Households and institutions 1 87

Income of unincorporated enterprises and inventory valua-tion adjustment2

: 37, 876Rental income of persons 2 10, 539Dividends4 10, 008Personal interest income 4 14, 707Government transfer payments 5 '_' 14, 997Business transfer payments 5 1, 221Less: Personal contributions for social insurance 6 4, 526

PERSONAL INCOME 4 . 287, 63 2

1. Data for other years in table 12.2. Data for other years in table 7.


Data for other years in table 36.Data for other years in table 35.

Table IV.—Consolidated Government Receipts and Expenditures Account, 1954l


Purchases of goods and services:Purchases of direct services:

Compensation of employees:Wages and salaries:

Disbursements 2 30, 306Excess of accruals over disbursements 2 0

Supplements:Employer contributions for social insur-

ance 2___L 1,017Other labor income 2 444Income originating and net and gross

products ' 81, 767Net purchases from business 41, 710Net purchases from abroad 3, 483

Transfer payments 14, 997Net interest paid 5, 165Subsidies minus current surplus of government enterprises —108

GOVERNMENT EXPENDITURES „ 97,014

Personal tax and nontax receipts 32, 818Corporate profits tax accruals 17, 082Indirect business tax and nontax accruals 30, 252Contributions for social insurance:

Personal contributions 3 ; . 4,526Employer contributions:

Business4 3, 988Government2 : 1,017Households and institutions 2 86

Deficit (+ ) or surplus ( —) on income and product transac-tions 5 7,245

GOVERNMENT RECEIPTS AND DEFICIT •__.__• 97,0141. Data for other years in tables 8 and 9

ixcept where otherwise noted.2. Data for other years in table 12.3. Data for other years in table 35.

Table V.—Rest of the World Account, 1954 l



Net payments of factor income to the United States:Wages and salariesInterestDividendsBranch profitsIncome originating and net and gross product

N~et purchases from the United States:From businessFrom governmentFrom persons i

3,-3,-2,

22381578788769

585483137

STET CURRENT PAYMENTS TO THE UNITED STATES. - 266

Net disinvestment in the United States _ - 2 6 6

NET DISINVESTMENT IN THE UNITED STATES.. -2661. Data for other years in table 11.

Table VI.—Gross Saving and Investment Account, 1954 l


business purchases on capital account2 .Change in business inventories 2

êt disinvestment in the United States by rest of world

50, 100- 2 , 852

- 2 6 6

Excess of wage accruals over disbursements (business)2 0Excess of wage accruals over disbursements (government)3._ 0Undistributed corporate profits (domestic)2 6, 164Corporate inventory valuation adjustment — 227Capital consumption allowances by private business 2__. 30, 034Government surplus (+) or deficit (—) on income and prod-

uct transactions —7, 245Foreign branch profits (net)4 788Personal saving 18, 282Statistical discrepancy —814

3ROSS INVESTMENT . 46,982 GROSS SAVING AND STATISTICAL DISCREPANCY,1. Data for other years in table 5 except as noted. 2. Data for other years in table 7.

46, 9823. Data for other years in table 12. 4. Data for other years in table 11.

8 SURVEY OF CUEEENT BUSINESS


July 1955

Table 1.—National Income by

Line

10

15

16

23

National income ____

Compensation of employees

Wages and salariesPrivate ,____•Military .Government civilian _.__

Supplements to wages and salariesEmployer contributions for social insuranceOther labor income

Income of unincorporated enterprises and inventory valuationadjustment.

Business and professionalIncome of unincorporated enterprisesInventory valuation adjustment. . . .

Farm ':'

Rental income of persons

Corporate profits and inventory valuation adjustment

Corporate profits before tax --__-__Corporate profits tax liability..--Corporate profits after tax

Dividends ..Undistributed profits

Inventory valuation adjustment .

Net interest .

1929

87,814

51,085

50,42345,485

3084,630

662101561

14,759

8,7918,649142

5,968

5,425

10,100

9,6281,3698,2595,8132, 446472

6,445

1930

75,729

46,844

46,18741,033

3114,843

657106551

11,540

7,4106,655755

4,130

4,778

6,582

3,322842

2,4805,490

-3,0103,260

5,985

1931

59,708

39,740

39,11933, 861

3044,954

621111510

8,734

5,5814,970611

3,153

3,761

1,634

-780498

- 1 , 2784,088

-5,3662,414

5,839

1932

42,547

31,054

30,47725, 511

2924,674

577126451

5,316

3, 3843,089295

1,932

2,713

-1,970

-3,017385

-3,4022,565

-5,9671,047

5,434

1933

40,159

29,539

28,99723, 855

2674,875

542133409

5,599

3,1663,691-5252,433

1,971

-1,992

151521

-3702,056

-2,426-2,143

5,042

1934

48,959

34,295

33,70527, 629

2685,808

590147443

7,010

4,5644,618-54

2,446

1,694

1,091

1,716744972

2,587-1,615-625

4,869

1935

57,057

37,340

36,69030,189

3036,198

650171479

10;387

5,3515,401-505,036

1,661

2,918

3,145951

2,1942,863-669-227

4,751

1936

64,911

42,910

41,92034,054

3347,532

990418572

10,482

6,5306,650-1203,952

1,776

5,002

5,7401,4094,3314,548-217-738

4,741

1937

73,618

47,934

46,10738, 614

3547,139

1,8271,234593

12,691

7,0737,102-295,618

2,081

6,204

6,2351,5024,7334,685

48-31

4,708

1938

67,581

44,994

42,97634, 752

3657,859

2,0181,423595

11,128

6,7936,572221

4,335

2,560

4,263

3,3001,0292,2713,187-916963

4,636

1939

72,753

48,108

45,94137,742

3887,811

2,1671, 540627

11,610

7,2937,459-1664,317

2,742

5,689

6,4031,4414,9623,7881,174-714

4,604

Table 2.—Gross National Product[Millions of dollars]

Line

Gross national product

Personal consumption expenditures

Durable goods ___.

Nondurable goods

Services..--

Gross private domestic investment

New constructionResidential nonfarm

Other

Producers' durable equipment

Change in business inventories • __.Nonfarm

Farm.. .

Net foreign investment—

Government purchases of goods and services

FederalNational security .

National defenseOther national security

OtherLess: Government sales

State and local

104,436

78,952

9,21237, 67732,063

16,231

8,7073,6255,082

5,850

1,6741,836-162

771

8,482

1,311

1,344

33

7,171

1930

91,105

70,968

7,15534,01029, 803

10,265

6,1832,0754,108

4,465

-383-83-300

690

9,182

1,410

1,432

22

7,772

1931

76,271

61,333

5,48528, 94626, 902

5,523

3,9681,5652,403

2,839

-1,284-1, 608

324

197

9,218

1,537

1,549

12

7,681

1932

58,466

49,306

3,64622, 75822,902

1,876630

1,246

1,593

2, 5562, 590

34

169

8,078

1,480

1,484

4

1933

55,964

46,392

3,46922, 25120, 672

1,391

1,431470961

1,589

-1, 629-1,370-259

150

8,031

2,018

2,022

4

6,013

1934

64,975

51,894

4,21326, 65621,025

2,888

1,709625

1,084

2,304

-1,125195

-1,320

429

9,764

2,991

2,997

6

6,773

1935

72,502

56,289

5,11129, 31921,859

6,277

2,2991,0101,289

912376536

-54

9,990

2,931

2,935

4

7,059

1936

82,743

62,616

6,30432,83623, 476

8,404

3,2811,5651,716

4,169

9542,0661,112

-93

11,816

4,815

4,818

3

7,001

1937

90,780

67,259

6,92535,18525,149

11,747

4,4031,8752,528

5,095

2,2491,726523

62

11,712

4, 552

4,557

5

7,160

1938

85,227

64,641

5,68633, 98524, 970

6,661

3,9601,9901,970

3,644

-943-1,046

103

1,109

12,816

5,280

5,

7,536

1939

91,095

67,578

6,67035,13125, 777

9,309

4,7572,6802,077

4,180

37231656

13,320

5,1571,258

3,90S

8,163

July 1055

Distribuiive Shares, 1929-54

SURVEY OF CUE-KENT BUSINESS 9

1940

81,634

52,129

49,81841, 395

5637,860

2,3111,624687

13,010

8,4428,487-45

4, 568

2,885

9,120

9,3202,8346, 4864,0432,443-200

4,490

1941

104, 710

64,789

62, 08651, 8941, 8668, 326

2,7031,983720

17,401

10, 89711,512-6156,504

3,465

14,511

16,9827, 6109,3724, 4584,914

- 2 , 471

4,544

1942

137,694

85,271

82,10966,1236,1689,818

3,1622,302860

23,907

13,89914, 266-367

10,008

4,547

19,678

20,88211,4159,4674,2895, 178

-1,204

4,291

1943

170,310

109,587

105, 82879,19714, 13312, 498

3, 7592,6771,082

28,187

16, 82316, 979-15611,364

5,097

23,781

24, 55414,07410, 4804,4845,996-773

3,658

1944

182, 639

121,286

116, 82383, 84320, 03312, 947

4,4632,9371,526

29,565

18,04018,109-69

11, 525

5,413

23,033

23, 32012,94910, 3714,6735,698-287

3,342

1945

181,248

123,181

117,57782, 66421,81913,094

5,6043,8051,799

30,835

19, Oil19,117-10611,824

5,634

18,413

18,97710, 6898,2884,6913. 597-564

3,185

1946

179,577

117,697

111,83691,2417,81812. 777

5,8613.9701,891

35,265

21, 32123,026-1,70513,944

6,208

17,288

22, 5519,11113, 4405,7847,656

-5,263

3,119


1947

197,168

128,757

122, 858105,5124,06713, 279

5, 8993, 5652,334

34,433

19, 94821,419-1,47114, 485

6,510

23,626

29, 52511,28318, 2426, 52111,721-5,899

3,842

1948

221, 641

140,927

135,172116,4243,97014, 778

5, 7553,0422,713

38,389

21, 64922, 061-412

16, 740

7,198

30,619

32, 76912, 51020, 2597,24813,011-2,150

4,508

1949

216,193

140,858

134, 334113,8734,24816, 213

6, 5243,5033,021

34,149

21,43120, 963

46812, 718

7,874

28,141

26,19810,41115, 7877, 4588,3291,943

5,171

1950

239, 956

154,325

146, 526124, 2974,99917, 230

7,7993,9763,823

36,140

22, 85523, 989-1,13413, 285

8,473

35,106

39,97017, 82922,1419,20712, 934

- 4 , 864

5,912

1951

277, 041

180,420

170,881142, 0508, 68420,147

9, 5394,7534,786

40,809

24, 79125,135-34416,018

9,129

39,S13

41,17322, 47618, 6979,0909, 607

-1,260

6,770

1952

289, 537

195, 301

185,124152,19310,47222, 459

10,1774,8615, 316

40,006

25, 73225, 519

21314, 274

9,906

36,903

35, 93619, 78816, 1489,0007,148967

7,421

1953

303,648

209,240

198,483164. 73410, 27323, 476

10,7574,7655, 992

38,161

25,90826,110-202

12, 253

10,256

37,187

38, 27421, 26617, 0089,2917,717

-1,087

8,804

1954

299, 673

207, 901

196,244162,3979,46824, 379

11, 6575,0916,566

37,876

25, 87625,950

-7412,000

10,539

33,815

34, 04217, 08216, 96010, 0086. 952-227

9,542

Line

1

2

3456

789

10

11121314

15

16

171819202122

23

or Expenditure, 1929-54


1940

100,618

71,881

7,77137, 21526, 895

13,155

5, 4522,9852, 467

5,531

2,1721,902270

1,509

14.073

6,1702,223

3,9569

7,903

1941

125,822

81,875

9, 65943, 20829, 008

18,072

6, 6293,5103, 119

6, 942

4,5014,049452

1,124

24,751

16, 92313, 794

3,17344

7,828

1942

159,133

89,748

6, 96851, 32431,456

9,875

3,7211,7152,006

4,343

1,811652

1,159

-207

59,717

52,02749, 567

2,664204

7,690

1943

192,513

100,541

6,60559, 25934, 677

5,600

2, 326885

1,441

4,027

-753-577-176

-2,245

88,617

81,22380,384

1,480641

7, 394

1944

211,393

109,833

6,76465, 36837, 701

7,130

2,712815

1,897

5,438

-1,020-575-445

-2,099

96,529

89,00688, 615

1,5521,161

7,523

1945

213,558

121,699

8,10573, 22240, 372

10,430

3,8331,1002,733

7,654

-1,057-595-462

-1,438

82,867

74, 79675, 923

1,0312,158

8,071

1946

209,246

146,617

15,89284, 50146, 224

27,125

10, 2914,0156,276

10,733

6,1016,350-249

4,586

30,918

20, 93421,188

2, 4692,723

9,984

1947

232,228

164,973

20, 59393.07751, 303

29,705

14,0296,3107,719

16, 667

-9911,298

-2,289

8,942

28,608

15,77613, 34912, 2541,0953, 7511,324

12, 832

1948

257,325

177,609

22, 21498, 74156, 654

41,176

17,9048,5809,324

19,110

4,1623, 0261,136

1,956

36,584

21,01915, 98411, 5784,4065,570535

15, 565

1949

257,301

180,598

23,57396, 87960,146

32, 549

17, 4538,2679,186

17,833

- 2 , 737-1,862-875

534

43,620

25, 44519, 28813, 5705,7186,570413

18,175

1950

285,067

194,026

28, 608100, 38665,032

51,219

22, 73312, 60010,133

21,135

7,3516,428923

-2,201

42,023

22,13818,51114, 2574,2543,882255

19, 885

1951

328,232

208,342

27,148111,05470,140

56,864

23, 33210, 97312, 359

23,177

10, 3558,9511, 404

227

62,799

40,99537, 26033, 8643,3964,154419

21,804

1952

345,229

218,328

26, 641116,03075, 657

49,592

23, 72311, 10012, 623

23,116

2,7532,105648

-164

77,473

54, 26048, 82346, 4082,4155,792355

23, 213

1953

364,520

230,578

29,817118, 94581,816

51, 383

25, 77811, 93013, 848

24, 433

1,1721,855-683

-1,952

84,511

59, 50151, 43849, 3942,0448,474411

25,010

1954

360,474

236,532

29,277120, 89486, 361

47,248

27, 77813, 49614, 282

22, 322

- 2 , 852- 3 , 245

393

-266

76,960

49,17943, 22741,4461,7816,311359

27, 781

Line

1

2

345

6

789

10

111213

14

15

161718192021

22

348407°—55-

10 SURVEY OF CURRENT BUSINESS July 1955

Table 3.—Personal Income and


Line

1

234

567

8

91011

12

13

14

Personal income

Wage and salary disbursementsOther labor income _ _ ._ _ __ . . . . ___ __ -Proprietors' and rental income

DividendsPersonal interest income ___ _. _._Transfer payments

Less: Personal contributions for social insurance

Less: Personal tax and nontax payments _.FederalState and local

Equals: Disposable personal income _

Less: Personal consumption expenditures

Equals: Personal saving _ _ __

1929

85,763

50, 423561

20,184

5 8137,4281, 496

142

2, 6431, 2631,380

83,120

78,952

4,168

1930

76,881

46,187551

16,318

5,4906,9491,533

147

2,5071 1341,373

74,374

70,968

3,406

1931

65,698

39,119510

12, 495

4,088. 6,923

2,714

151

1, 858607

1,251

63,840

61,333

2,507

1932

50,115

30,477451

8,029

2, 5656, 5752,170

152

1, 455331

1,124

48,660

49,306

-646

1933

47,208

28, 997409

7,570

2,0566,2122,116

152

1,464474990

45,744

46,392

-648

1934

53,575

33, 705443

8 704

2,5876,0992,194

157

1, 595595

1,000

51,980

51,894

86

1935

60,210

36, 690479

12,048

2,8635,8922,400

162

1,888827

1,061

58,322

56,289

2,033

1936

68,480

41,920572

12, 258

4,5485,8423, 520

180

2, 2581,1301,128

66,222

62,616

3,606

1937

73,921

46,107593

14, 772

4,6855,9122,418

566

2,9211 7231,198

71,000

67,259

3,741

1938

68,554

42,976595

13, 688

3,1875,8282, 834

554

2,8621 6351,227

65, 692

64,641

1,051

1939

72 884

45, 941627

14 352

3,7885,8092 963

596

2, 4401 2351,205

70,444

67,578

2,866

Table 4.—Relation of Gross National Product


Line

20


Less: Capital consumption allowancesDepreciation chargesAccidental damage to fixed capitalCapital outlays charged to current expense

Equals: Net national product

Plus: Subsidies minus current surplus of government enterprises.

Less: Indirect business tax and nontax liability

Business transfer payments

S tatistical discrepancy

Equals: National income

Less: Undistributed corporate profitsCorporate profits tax liabilityCorporate inventory valuation adjustmentContributions for social insuranceE xcess of wage accruals over disbursements

Plus: Net interest paid by governmentGovernment transfer paymentsBusiness transfer payments

Equals: Personal income

1929

104,436

8,6177,698

413506

95,819

-147

7,003587208

87,814

2,4461,369

472243

0

983909587

85,763

1930

91,105

8,5417,737

389415

82,564

-123

7,155534

—977

75,729

-3,010842

3,260253

0

964999534

76,881

76,271

8, 1667, 552

351263

68,105

- 4 9

6,859649840

59,708

- 5 , 366498

2,414262

0

1,0842, 065

649

1932

58,466

7,6157,038

329248

50,851

- 4 5

6, 768737754

42,547

- 5 , 967385

1,047278

0

1,1411,433

737

65,698 ! 50,115

55,964

7,1616, 661

275225

48,803

7, 055659948

40,159

- 2 , 426521

-2,143285

0

1,1701,457

659

47,208

64,975

7,1126,598

237277

57,863

283

7,815641731

48,959

-1 ,615744

-625304

0

1, 2301,553

641

53,575

1935

72,502

7, 2356, 665

236334

65,267

403

8,190594

— 171

57,057

-669951

-227333

0

1,1411,806

594

60,210

82,743

7, 4966,700

381415

75,247

39

8,663594

1,118

64,911

-2171,409-738

1,1012,926

594

68,480

1937

90,780

7,7466,910

304532

83,034

60

9,157567

-248

73,618

481,502

- 3 11,800

0

1,2041,851

567

73,921

1938

85,227

7,7836,939

3S7457

77,444

176

9,154429456

67,581

-9161,029

1,9770

1,1922,405

429

68,554

1939

91,095

7,8387,121

222495

83,257

485

9,365

4511,173

72,753

1,1741,441-7142,136

0

1,2052,512

451

72,884

July 1955

Disposition of Income, 1929-54

SURVEY OF CURRENT BUSINESS


11

1940

78,680

49,818687

15,895

4,0435,781.3,114

658

2,6041, 3641,240

76,076

71,881

4,195

1941

96,275

62,086720

20,866

4,4585,8333,113

801

3,2932,0161,277

92,982

81,875

11,107

1942

123,497

82,109860

28,454

4,2895,8083,143

1,166

5,9814,6681,313

117,516

89,748

27,768

1943

151,392

105, 6191, 082

33, 284

4,4845,7982,964

1,839

17,84516,5171,328

133,547

100,541

33,006

1944

165,6%

117, 0161,526

34, 978

4,6736,1513,588

2,236

18,93517, 5361,399

146,761

109,833

36,928

1945

171,222

117, 5631,799

36, 469

4, 6916,8686,165

2, 333

20,86719,3791,488

150,355

121,699

28,656

1946

177,990

111, 8661,891

41, 473

5,7847,57611,411

2,011

18,80817,1621,646

159,182

146,617

12,565

1947

190,522

122, 8432,334

40, 943

6, 521'8,21211, 787

2,118

21, 50619,6501,856

169,016

164,973

4,043

1948

208,743

135,1422,713

45, 587

7,2488,95011, 281

2,178

21,14218, 9972,145

187,601

177,609

9,992

1949

206,818

134, 3793, 021

42, 023

7,4589,76812,403

2,234

18, 66116,1942,467

188,157

180,598

7,559

1950

227,050

146,5263,823

44, 613

9,20710, 62815,147

2,894

20, 92018,1792,741

206,130

194,026

12,104

1951

255,340

170, 7764,786

49, 938

9,09011, 59212, 575

3,417

29, 27126, 2782,993

226,069

208,342

17,727

1952

271,135

185,1535,316

49, 912

9,00012, 29713, 210

3, 753

34, 40131,1653,236

236,734

218,328

18,406

1953

286,176

198, 5595,99248,417

9,29113, 80814,044

3,935

35, 80532, 3593,446

250,371

230,578

19,793

1954

287,632

196, 2446,566

48, 415

10, 00814, 70716, 218

4,526

32, 81829,1383,680

254,814

236,532

18,282

Line

1

234

567

8

91011

12

13

14

National Income, and Personal Income, 1929-54


1940

100,618

8,1487,316246586

92,470

420

10,021431804

81,634

2,4432,834-2002,282

0

1, 2912,683431

78,680

1941

125,822

9,0418,078273690

116,781

102

11, 296502375

104,710

4,9147,610

- 2 , 4712,784

0

1,2892,611502

96,275

1942

159,133

10,1559,162484509

148,978

150

11,769495

-830

137,694

5,17811, 415-1,2043,468

0

1,5172,648495

123,497

1943

192,513

10,8669,854399613

181,647

183

12,735505

-1,720

170,310

5,99614,074-7734,516209

2,1402,459505

151,392

1944

211,393

12,00710, 793

360854

199,386

652

14,127506

2,766

182,639

5,69812, 949-2875,173-193

2,8093,082506

165,696

1945

213,558

12, 54911, 246

381922

201,009

760

15, 522532

4,467

181,248

3,59710, 689-5646,138

14

3,6835,633532

171,222

1946

209,246

11, 66610,013

4071,246

197,580

835

17, 349557932

179,577

7,6569,111

-5,2635,981.-30

4,45710,854

557

177,990

1947

232,228

14,11812,150

5671, 401

218,110

-227

18, 658674

1,383

197,168

11, 72111,283-5,8995,683

15

4,37011,113

674

190,522

1948

257,325

16,49414, 290

5741,630

240,831

-171

20, 390739

-2,110

221,641

13,01112, 510-2,1505,220

30

4,44210, 542

739

208,743

1949

257,301

18, 43116, 380

5181,533

238,870

-181

21, 64478171

216,193

8,32910,4111,9435,737-45

4, 59711, 622

781

206,818

1950

285,067

20, 51618,042

6161,858

264,551

204

23, 741843215

239,956

12,93417,829-4,8646,870

0

4,71614, 304

843

227,050

1951

328,232

23, 46920,344

9092,216

304,763

187

25, 637985

1,287

277,041

9, 60722, 476-1,2608,170105

4,82211, 590

985

255,340

1952

345,229

25, 53822, 650

6842,204

319,691

-138

28,1061,169741

289,537

7,14819, 788

9678,614-29

4,87612,0411,169

271,135

1953

364,520

27, 81224, 605

8132,394

336,708

-384

30,1551,2041,317

303,648

7,71721,266-1,0878,700-76

5,00412, 8401,204

286,176

1954

360,474

30,03426, 6101,0172,407

330,440

-108

30,252' 1, 221-814

299,673

6,95217,082-2279,617

0

5,16514,9971,221

287,632

Line

1

2345

6

7

8910

11

1213141516

171819

20


Table 5.—-Sources and Uses of Gross Saving, 1952—54 *[Millions of dollars]

Table 7.—Consolidated Business Income and Product, 1952-54[Millions of dollars]

Line

12

15

Gross private saving _._.

Personal saving __Undistributed corporate profitsCorporate inventory valuation adjustmentBusiness depreciation charges.. _

Accidental damage to fixed business capitalCapital outlays charged to current expenseExcess of wage accruals over disbursements.

Government surplus on income and product transactions.

Federal __»

State and local

Gross investment ___ _

Gross private domestic investment „Net foreign investment.. »

Statistical discrepancy

1952

52,030

18,4067,148967

22,650

6842,204-29

-3,343

-3,36623

49,428

49, 592-164

741

1953

54,159

19, 7937,717

-1,08724,605

8132,394-76

-6,045

-6,214169

49,431

51,383-1,952

1,317

1954

55,041

18,2826,952-227

26, 610

1,0172,407

0

-7,245

-6,177-1,068

46,982

47,248-266

-814

1. In principle gross private saving plus government surplus on income and product trans-actions equals gross investment. B ecause of estimating errors, it differs from it by the amoun tof the statistical discrepancy.

Table 6.—Securities and Exchange Commission Estimates ofPersonal Saving and Comparison with Department of CommerceEstimates of Personal Saving, 1952-54

[Billions of dollars]

Line

36

37

Personal saving in forms other than changes in equity inreal property and unincorporated enterprises 1

Currency and bank deposits. ___CurrencyDemand deposits _.Time and savings deposits.__

Savings and loan associationsPrivate insurance _Securities -

United States savings bondsOther U. S. GovernmentState and local governmentCorporate and other

Less: Increase in debt not elsewhere classified.

Increase in equity in nonfarm residences and in real prop-erty of nonprofit institutions .._

Nonfarm dwellingsNew construction by nonprofit institutionsLess: Increase in mortgage debt to corporations and

financial intermediariesDepreciation. _

Increase in equity in nonfarm unincorporated enterprises

Increase in inventoriesNew construction and producers' durable equipment -Less: Increase in bank and insurance company deb t . .

Increase in net payables to other corporations—.Depreciation

Increase in equity in farm enterprises..

Increase in inventoriesNew construction and producers' durable equipment-Net purchases of farms from corporations and financial

institutionsLess: Increase in mortgage debt to corporations and

financial intermediaries _.___.Increase in other debt to corporations and finan-

cial intermediaries .Depreciation

Personal saving, SEC (lines (l)+(14)+(19)+(25))__

Personal saving, Commerce (from table 3)

D iff erence between lines (32) and (33)

Statistical discrepancy in the national income and productaccounts (from table 4)

Alternative estimate of personal saving, Commerce (lines(33)-f(35))___

Difference between lines (32) and (

1952

14.98

6.841.111.504.233.074.924.00.08

- . 0 1.87

3.063.85

2.27

10.311.41

6.263.20

- . 3 7

.266.64

.522.334.41

- . 6 8

.654.37

.33

.315.06

16.19

18,41

-2 .21

.74

19.15

-2 .95

1953 1954

15.49

4.80.59

- . 0 24.233.645.175.12.33.32

1.992.483.24

1.94

10.911.53

7.013.48

3.64

.347.89.50

- . 6 54.74

-1.63

4.21

.28

- . 3 7

5.25

19.44

19.79

- . 3 5

1.32

21.11

-1 .66

17.82

6.84- . 2 82.714.414.485.301.58.77

-2 .44.65

2.60.37

1.95

12.461.87

8.583.80

- 2 .42

- . 2 57.932.842.075.19

-1 .98

.393.67

.35

.485.22

15.37

18.28

-2 .91

- . 8 1

17.47

-2 .10

1. Excludes changes in government insurance and pension reserves, amounting to $4.29billion in 1952, $3.29 billion in 1953 and $2.62 billion in 1954; and small amounts in ArmedForces Leave Bonds.

Source: Securities and Exchange Commission.

Line

Line

Business gross product. _. 303,010 320,543

Consolidated net sales 300,257 319,371Toconsumers____ _ _. 206,705 217,580To government 43,461 49,346To business on capital account 46,839 50,211Toabroad____ 3,252 2,234

Change in inventories _ 2,753 1,172

Charges against business gross product __ __ 303,010 320̂ 543

Income originating in business 247,318 259,671Compensation of employees _ 156,986 169,720

Wages and salaries 148,370 160,463Disbursements .. 148,431 160,463Excess of wage accruals over disburse-

ments —61 0Supplements to wages and salaries 8,616 9,257

Employer contributions for social insur-ance 3,712 3,725

Other labor income. __ 4,904 5,532Income of unincorporated enterprises and inven-

tory valuation adjustment -__- 40,006 38,161Business and professional 25,732 25,908

Income of unincorporated enterprises 25,519 26,110Inventory valuation adjustment 213 — 202

Farm 14,274 12,253Bental income of persons 9,906 10,256Corporate profits and inventory valuation adjust-

m e n t - 35,782 36,105Corporate profits before tax 34,815 37,192

Corporate profits tax liability 19,788 21,266Corporate profits after tax_ __„ _ 15,027 15,926

Dividends 8,698 8,954Undistributed profits ___ 6,329 6,972

Inventory valuation adjustment _-_ 967 —1,087Net interest— ___ 4,638 5,429

Adjustments to business net product _ 30,154 33,060Indirect business tax and nontax liability 28,106 30,155Business transfer payments 1,169 1,204Statistical discrepancy..- 741 1,317Less: Subsidies minus current surplus of govern-

ment enterprises —138 —384

Capital consumption allowances 25,538 27,812

1953

Table 8.—-Government Receipts, 1952-54[Millions of dollars]

Total receipts,.Federal. __.Personal tax and nontax receipts before refunds .

Income taxesEstate and gift taxes.'Other taxes. ___Nontaxes

Less: Tax refundsE quals: Personal tax and nontax receiptsCorporate profits tax accrualsIndirect business tax and nontax accruals before refunds. _

Excise taxesLiquor .TobaccoOther

Customs duties _. •_Capital stock taxNontaxes

Less: Tax refundsEquals: Indirect business tax and nontax accrualsContributions for social insuranceState and localPersonal tax and nontax receipts

Income taxesDeath and gift taxes _Motor vehicle licenses.—Property taxesOther taxesNontaxes

Corporate profits tax accrualsIndirect business tax and nontax accruals - ___

Sales taxesState

General __Gasoline __LiquorTobacco

LocalMotor vehicle licenses _Property taxesOther taxesNontaxes

Contributions for social insuranceFederal grants-in-aid

1952

90,90968,03533, 30132,370

85081

2,13631,16518, 96710, 5939,6222,7261,6635,233

582

38968

10, 5257,37825,5093,2361,007219397266169

1,178821

17, 5815,8475,2202,3471,968449456627566

8,3851,993790

1,2362,635

1953

95,92671,316

34, 97633, 981

92273

2,61732,35920, 46211,23410, 2152,8201,6145,781589

43082

11,1527,34327,4213,4461,047237421287182

1,272804

19,0036,2565,5382,5062,094473465718634

9,0932,192828

1,3572,811

Julv 1055 SURVEY OF CURRENT BUSINESS 13

Table 9.—Government Expenditures, 1952—54

[.Millions of dollars]

Line |

Total expenditures

Federal

Purchases of goods and services-

Compensation of employees...Net purchases from business..

New constructionOther

Less: Domestic sales of surplus consumptiongoods

Net purchases from abroad^Purchases from abroad..

Less: Sales to abroad

Transfer payments

Grants-in-aid to State and local governments.

Net interest paid.Interest paid-

Less: Interest received..

Subsidies less current surplus of government enter-prises

State and local

Purchases of goods and services,...Compensation of employeesPurchases from business

New constructionOther

Transfer payments..

Net interest paid_Interest paid..

Less: Interest received

Less: Current surplus of government enterprises

1952

94,252

71,401

54, 260

18,80332, 4224,18628,300

64

3,0353,326

291

8,906

2,635

4,5896,290

1,701

1,011

25,486

23,21312,17411,0396,7154,324

3,135

287733

446

1,149

1953

101,971

77,530

59,501

18,38837,5894,15133,508

70

3,5243, 865

341

9,696

2,811

4,6806,637

1,957

842

27,252

25,01013,25311,7577,2434,514

3,144

324813

489

1,226

Table 10.—Social Insurance Funds, 1952-54


Line

12

13

16

Federal

Contributions for social insurance.-

Employee contributions .Employer contributions..

Government and government enterprisesPrivate

Self-employed persons' contributions

Less: Transferred to general government

Equals: Retained by social insurance funds..Plus: Investment income

Equals: Net receipts

Less: Benefit payments

Equals: Surplus (+) or deficit (—)

State and Local

Contributions for social insurance.EmployeesEmployer (government and government enterprises)1

Less: Transferred to general government

Equals: Retained by social insurance funds..Plus: Investment income

Equals: Net receiptsLess: Benefit payments..Equals: Surplus (+) or deficit (—).

1952

7,378

2,9754,197

5253,672

206

303

7,0751,008

8,0834,758

3,325

1,236

572664

16

1,220199

1,419543

876

1953

7,343

3,0834,041

3203,721

219

323

7,0201,118

8,1385,605

2,533

1,357

633724

17

1,340210

1,550610

940

1954

97,014

69,681

49,179

17,16328,5333,44525,156

3,4833,774

291

11,661

2,882

4,7936,887

2,094

1,166

30,215

27, 78114,60413,1778,3644,813

3,336

372

912

540

1,274

1954

8,050

3,6154,216

1874,029

219

328

7,7221,192

8,9147,466

1,448

1,567

692875

17

1,550220

1,770702

Table 11.—Transactions of the Rest of the World with theUnited States, 1952-54


Line

111213

14 |1516

Net current payments to the United States^

Net payments of factor income..W ages and salariesInterestDividendsBranch profits

Net purchases from the United StatesNet purchases from United States business..

Purchases from United States business..Sales to United States business

Net purchases from U. S. Government..Purchases from U. S. Government..Sales to U. S. Government

Net purchases from United States persons.Purchases from United States persons..Sales to United States persons

Net capital movement to the United States..

Long-termS hort-termChange in gold stockErrors and omissionsAdjustment for United States territories and possessions.

1952

-164

1,46325317302819

-1,6273,25215,42912,177

-3,035291

3,326

-1,84432

1,876

164

-1,0391,073-379509

1953

-1,952

1,43620334337745

-3,3882,23414, 49512, 261

-3,524341

3,865

-2,09840

2,138

1,952

-6411,1591,161273

1954

-266

1,76922

381578788

-2,0353, 58515,16611,581

-3,483291

3, 774

-2,13741

2,178

266

-55248329837

Table 12.—National Income by Legal Form of Organization, 1952-54[Millions of dollars]

Line

National income.

Income orignating in business, totalCorporate business

C ompensation of employeesWages and salaries

Compensation of corporate officersOther wages and salaries

Supplements to wages and salariesCorporate profits and inventory valuation adjust-

mentCorporate profits before tax.

Corporate profits tax liabilityCorporate profits after tax—*

Inventory valuation adjustmentNet interest _

Sole proprietorships and partnershipsCompensation of employees

Wages and salariesSupplements to wages and salaries.

Income of unincorporated enterprises and inven-tory valuation adjustment

Business and professionalIncome of unincorporated enterprisesInventory valuation adjustment

FarmNet interest

Other private businessC ompensation of employees

Wages and salariesSupplements to wages and salaries.

Income of unincorporated enterprises—businessand professional

Rental income of personsNet interest

Government enterprisesCompensation of employees

Wages and salariesSupplements to wages and salaries

Income originating in general governmentCompensation of employees

Wages and salariesSupplement to wages and salaries

Employer contributions for social insuranceO ther labor income

Income originating in households and institutionsCompensation of employees

Wages and salariesSupplements to wages and salaries. _

Employer contributions for social insuranceO ther labor income

Net interest _ ._

Income originating in the rest of the world.

Wages and salaries

Corporate profits after tax

Net interest

1952

289,537

247,318156,858120,460113,0048, 430

104,5747,456

35, 78234, 81519,78815, 027

967616

71,48230, 74429, 774

970

39, 89725, 62325,410

21314, 274

841

15,5232,3272,240

87

1099,9063,1813, 4553, 4553,352

103

30,97730, 977

2 29,5541,4231,085

338

9,7797,3137,175

13864

74

2,466

1,463

25

1,121

317

1953

303,648

259,671167,957131,045122, 950

88,095

36,10537,19221, 26615,926

-1,087807

71,53732,61431,614

1, 000

38,05025, 79725 999-202

12, 253873

16,6692,5532,462

91

11110, 2563,7493,5083,5083,437

71

31,64131,641230,292

1,349972377

10,9007, 8597,708

15168

83

3,041

1,436

20

1,082

334

1954

299,673

254,897162,171128, 825120, 079

0)0)8, 746

32, 44932, 67617,08215, 594

-227

71,66233, 03931,917

1,122

37, 76525, 76525, 839

- 7 412,000

858

17,5002,6792,569

110

11110, 5394,1713, 5643,5643,519

45

31,76731, 76730, 3061,4611,017

444

11,2408,0057,832

17386

87

3,235

1,769

22

1,366

381

1. Includes contributions by private employers to State cash sickness compensation funds; follows, in millions of dollars: 1952, $4; 1953, $4; 1954, $5.

1. Data not available.2. Includes excess of accruals over disbursements, in millions of dollars, as follows: 1952, $32;

1953, -$76.


Table 13.-—National Income by Industrial Origin, 1952-54

Table 14.—Compensation of Employees, by Industry, 1952—54

Table 15.—Wages and Salaries, by Industry, 1952-54[Millions of dollars]

Line

All industries, total.Agriculture, forestry, and fisheries

FarmsAgricultural services, forestry, and fisheries,.

MiningMetal miningAnthracite miningBituminous and other soft coal miningCrude petroleum and natural gasNonmetallic mining and quarrying

Contract constructionManufacturing

Food and kindred productsTobacco manufacturesTextile-mill productsApparel and other finished fabric productsLumber and furniture products

Lumber and wood products, except furnitureFurniture and fixtures -Lumber and timber basic productsFurniture and finished lumber products

Paper and allied productsPrinting, publishing, and allied industriesChemicals and allied productsProducts of peti oleum and coalRubber productsLeather and leather productsStone, clay, and glass productsMetals, metal products, and miscellaneous

Primary metal industriesFabricated metal products, including ordnanceInstrumentsMiscellaneous manufacturingIron and steel and their products, including ordnance.Nonferrous metals and their productsMiscellaneous manufacturing .

Machinery, except electricalElectrical machineryTransportation equipment, except automobilesAutomobiles and automobile equipment

Wholesale and retail trade

Wholesale tradeRetail trade and automobile services-

Finance, insurance, and real estate..Banking..Security and commodity brokers, dealers and exchanges-Finance, n. e. c 'Insurance carriersInsurance agents and combination officesReal estate

TransportationRailroadsLocal and highway passenger transportation

Local railways and bus linesHighway passenger transportation, n. e. c

Highway freight transportation and warehousing-.Water transportationAir transportation (common carriers)Pipe-line transportationServices allied to transportation

Communications and public utilitiesTelephone, telegraph, and related services._ _.Radio broadcasting and televisionUtilities: electric and gasLocal utilities and public services, n. e. c

ServicesHotels and other lodging placesPersonal servicesPrivate householdsCommercial and trade schools and employment agencies..Business services, n. e. cMiscellaneous repair services and hand tradesMotion picturesAmusement and recreation, except motion picturesMedical and other health servicesLegal servicesEngineering and other professional services, n. e. cEducational services, n. e. cNonprofit membership organizations, n. e. c

Government and government enterprisesFederal—general government

Civilian, except work reliefMilitaryWork relief

Federal—government enterprisesState and local—general government

Public educationNonschool, except work reliefWork relief

State and local—government enterprises.Rest of the worldAddendum: AH private industries. .

Table 13

1952

289,537

18,69918, 001

698

5,420721252

1,5652,278

604

14,598

89,3187,617

5814,5703,8334,4252, 8641,561

3,1104,1065,8843, 1241, 6961,3442,816

18, 1237, 8526,4621, 7592,050

10, 5556,2704,9016,363

50,107

16, 29033,817

24,357

3,797285

1,0872, 4531, 216

15, 519

15,399

7,9001,452

3, 415931628292781

9,143

3,692429

4,874148

26,601

1,4763,1415,241

1602, 5881, 256

853895

5, 3451,4181,1291. 2571,842

34,432

18, 803

2,37912,174

1,076

1,463

1953

303, 648

16,76416,041

723

5,616786195

1,5092,478

648

15,347

96,7317, 968

6164,3983,9724, 3652,7791,586

3,3094,4366. 2703,3241,6971.3613,033

21, 0029, 3607,4051, 9552,282

10, 5917,0935,7307,566

51,769

16. 971

34, 798

26,253

4,227262

1. 2252,7931, 334

16. 41215, 775

7, 6951,465

3,832998687304794

10,063

4,107491

5,302163

28,745

1, 5433.2956,007

1492,8631, 326

839961

5, 7151, 5011. 2381,3441,964

35,149

18, 388

2,36113, 253

1,147

1,436

299,673

16,57115,814

757

5,234698155

1,1672,517

697

15,715

89,9207,975

7233,7403,7634,0482, 5621,486

3,3604, 5606.2323,3321,4101.3303,009

18.4157,7416,6201,8982,156

9, 5336.3705. 6486,472

52,022

17.150

34. 872

27,875

4, 457474

1, 3052,9481. 452

17, 23914,598

6,6391,419

3, 859888736305752

10,811

4,389551

5,709162

29,827

1. 5573.3735,997

1573. 0301.301

9641.0216,0801. 5501.2791. 4302,088

35,331

17,163

2,35314,604

1,211

1,769

Table 14

195,301

3,3953,020

375

3,965498248

1,4341,367

418

11,170

67,3495, 690286

3, 7553,4003,6732,3631,310

2,1283. 3673, 5881, 5781,1811,1462,09914, 4366.0585,3921,3641,622

8,0364,6754,2664,045

32,947

11,73521,212

7,368

1,951336669

2,421746

1,245

12,499

6. 4651,228575653

2, 6*6778518157697

5,615

2,730335

2,47476

16,536

1.1082.0942,871126

1,799530717682

2, 556328791

1,1391,795

34,432

18,803

2,37912,174

1,076

25

160,844

1953

209,240

3,4603,075385

4,076554207

• 1,4071,458450

11,689

74,7866,039301

3,7833, 6203,7412, 3531,388

2,3583. 6504,0041, 6901,2811.1852.29316. 6776. 9256.3491, 5421,861

8,6025.4835.0625,017

35,146

12. 59322, 553

8,032

2,146343742

2,690811

1,300

13,020

6, 4571, 243579664

3,010859578160713

6,139

2,990377

2,69082

17,723

1,1662.1973, 065117

2,002557707735

2,810363871

1,2181,915

35,149

18,388

2.36113, 253

1,147

20

174,071

1954

207,901

3,5073,104403

3,743500164

1,0911,529459

11,863

71,3046,199313

3,4123,5163,5552,2341,321

2,4473,8384,1391,7361,1841,1462,27215, 2246,0995,7871,5171,821

7,8695,1024,9204,432

36,113

13, 06723, 046

8,765

2,330440835

2,887874

1,399

12,447

5.9181,220579641

3, 076770612159692

6,481

3,11042S

2,86281

18,325

1,1812,2472, 866124

2,141546744779

3,074392896

1,2982,037

35,331

17,163

2,35314, 604

1,211

22

172,548

Table 15

1952

185,124

3,3632,996367

3,643468224

1,2561,292403

10,656

62,9185,373267

3, 5693,2023,5192,2691,250

1,9993,2283,3001,2431,1021,0931,977

13,4115,5155,0821,2731,541

7,5784,3034,0723,682

31,773

11,33220, 441

6,887

1, 737323619

2,327718

1,163

11,747

6,0001,166552614

2, 556730479145671

5,122

2,474328

2,24773

16,084

1,0672,0322,858123

1,722508688664

2,518322758

1,1011,723

32,906

18, 0747,60210,472

2,29411, 4805,2446,236

1, 058

25

152,193

1953

198,483

3,4293,052377

3,730522183

1,2091,381435

11,158

69,8515,708279

3, 5963,4033, 5892,2631,326

2,2163,5043,6801,3271,1941.1312,16315, 5006,3055, 9891,4381,768

8.1155,0434,8414,56233,944

12,17521, 769

7,517

1,906331688

2,591784

1,217

12,253

5,9881,183559624

2,904807537146688

5,607

2,716370

2,44378

17,245

1,1242, 1343, 051115

1,918535678714

2,769356838

1,1771,836

33,729

17, 7997,52610, 273

2,30912, 4935,7386,755

1,128

20

164,734

July 1955 SUEVEY OF CUKRENT BUSINESS 15

Table 16.—-Supplements to Wages and Salaries, by Industry Division, 1952—54


Line

All industries, total,__

Agriculture, forestry, and fisheries

Mining__

Contract construction

Manufacturing.

Wholesale and retail trade •_.

Finance, insurance, and real estate

Transportation

Communications and public utilities

Services

Government and government enterprises.

Addendum: All private industries

1953

10,177

32

322

514

4,431

1,174

481

752

493

452

1,526

8,651

10,757

31

346

531

4,935

1,202

515

767

532

478

1, 420

9,337

11,657

43

340

588

5,267

1,377

627

756

598

555

1,506

10,151

1954

Table 17.—Income of Unincorporated Enterprises, by Industry Division, 1952—54


Line 1952 1953 1954

10

All industries, total

Agriculture, forestry, and fisheries-__

Mining


Manufacturing


Finance, insurance, and real estate.-

Transportation

Communications and public utilities

Services

39,793

14, 592

197

2,824

1,306

12,091

1,007

741

30

7,005

38,363

12, 587

215

2,974

1,079

12, 237

1,069

812

30

7,360

37,950

12, 349

200

3,212

804

11,707

1,250

806

31

7,591

16 SURVEY OF CUKKENT BUSINESS

Table 18.—Corporate Income Before Federal and State Income and Excess Profits Taxes, by Industry, 1952-54

Table 19.—Federal and State Corporate Income and Excess Profits Tax Liability, by Industry, 1952-54

Table 20.—Corporate Income After Federal and State Income and Excess Profits Taxes, by Industry, 1952—54

Table 21.—Net Corporate Dividend Payments, by Industry, 1952-54

Table 22.—Undistributed Corporate Income, by Industry, 1952-54


July 1955

Line

1

234

56789

10

11

1213141516171819202122232425262728293031

323334

353637383940

414243

444546

47484950

5152535455565758

5960616263

64656667686970

71

72

All industries, total - -

Agriculture, forestry, and fisheriesFarmsAgricultural services, forestry, and fisheries

Mining _-_Metal mining _ _ _Anthracite miningBituminous and other soft coal miningCrude petroleum and natural gasNonmetallic mining and quarrying

Contract construction - -

^Manufacturing _ _ _ _Food and kindred productsTobacco manufacturesTextile-mill products _ .Apparel and other finished fabric productsLumber and furniture products

Lumber and wood products, except furniture.Furniture and fixturesLumber and timber basic productsFurniture and finished lumber products. _

Paper and allied products _ _ _Printing, publishing, and allied industriesChemicals and allied productsProducts of petroleum and coalRubber productsLeather and leather products .Stone, clay, and glass productsMetals, metal products, and miscellaneous

Primary metal industriesFabricated metal products, including ord-

nance. _ _Instruments _Miscellaneous manufacturing... . __Iron and steel and their products, including

ordnance .Nonferrous metals and their productsMiscellaneous manufacturing __

Machinery, except electricalElectrical machinery _Transportation equipment, except automobiles-Automobiles and automobile equipment

Wholesale and retail tradeWholesale trade _ _ _ -Retail trade and automobile services

Finance, insurance, and real estateB a n k i n g •__Security and commodity brokers, dealers and

exchangesFinance, n. e. c --.Insurance carriersInsurance agents and combination officesReal estate

TransportationRailroadsLocal and highway passenger transportation .Highway freight transportation and warehousing-Water transportation ; __Air transportation (common carriers)Pipe-line transportationServices allied to transportation _

Communications and public utilities __Telephone, telegraph, and related servicesRadio broadcasting and televisionUtilities! electric and gas -Local utilities and public services, n. e. c

ServicesHotels and other lodging placesPersonal services - -Business services, n. e. cMiscellaneous repair services and hand trades. -Motion pictures - - .Amusement and recreation, except motion

picturesEngineering and other professional services

n e e

Rest of the world

Table 18

1952

35,936

3837

1

1,249232

1101755160

569

19,9581, 553

293526168564367197

938609

2,1561,542

344124689

3,4791,755

1,048373303

2,3921, 580

6122,389

4,3821,9312,451

3,2822,098

—5248029277

387

1,8271,155

8216113710912360

2,96683886

2,00537

5449360

1831580

65

48

1,121

1953

38,274

42

1,339

634

21,420

4,566

3,704

1,643

3,296

548

1,082

1954

34,042

41

1,258

583

17,824

4,074

3,702

1,010

3,581

603

1,366

Table 19

1952

19,788

63594

44288

134

260

59

325

11,687910171344106281165116

561343

1,324510218

70393

. 2,054994

632239189

1,4481,021

4041,529

2,383"1 0401,343

1,9601,016

1633718144

366

1,020614

529792607233

1,575464

471,044

20

3335532

1068

56

41

35

1953

21,266

66

508

378

12,573

2,514

2,209

908

1,774

336

1954

17,082

68

439

315

9,025

2,136

2,291

540

1,925

343

1952

16,148

- 2 5—22- 3

807144

o67

495101

244

8,27164312218262

283202

81

377266832

1,032126

54296

1,425761

416134114

944559208860

1,999891

1 108

1,3221,082

—681431113321

807541306445495127

1,391374

39961

17

2113828777

24

24

13

1,121

Table 2(

1953

17,008

- 2 4

831

256

8,847

2,052

1,495

735

1,522

212

1,082

)

1954

16,960

- 2 7

819

268

8,799

1,938

1,411

470

1,656

260

1,366

1952

9,000

49472

522110

243

319

48

66

4,5314289317433

1168531

1831115675614730

150757421

2047557

403280101497

883335548

835431

1203—217

185

378242

342139161511

1,280335

11915

19

154261237

251

16

10

302

Table 21

1953

9,291

29

498

76

4,662

818

849

445

1,433

144

337

1954

10,008

28

517

87

4,812

867

937

434

1,588

160

578

1952

7,148

- 7 4—69

- 5

28534

—224

17653

178

3,74021529

829

16711750

194155265471

7924

146668340

2125957

541279107363

1,116556560

487651

- 6 9—60113

16—164

429299—443

6333616

111392846

—2

57121640

5- 2 7

8

3

819

Table 22

1953

7,717

- 5 3

333

180

4,185

1,234

646

290

89

68

745

1954

6,952

- 5 5

302

181

3,987

1,071

474

36

68

100

788

SURVEY OF CURRENT BUSINESS 17

Table 23.—Inventory Valuation Adjustment, by Industry Division, 1952—54


Line

All industries, total.

A. Corporations, total

Mining


Manufacturing


Transportation

Communications and public utilities..

B. Unincorporated enterprises, total

Mining


Manufacturing

Wholesale and retail trade.

1952

1,180

967

-11

-3

640

360

2

-21

213

-2

-3

24

194

1953

-1,289

-1,087

-40

-8

-743

-229

-46

-21

-202

Q

-8

-11

-175

1954

- 3 0 1

- 2 2 7

2

- 1 4

- 1 9 8

- 2 9

- 9

21

- 7 4

- 1

-14

- 8

-51

Table 24.—Net Interest, by Industry Division, 1952-54


Line 1953

All industries, total.

Agriculture, forestry, and fisheries..

Mining

C ontract construction

Manufacturing _.

Wholesale and retail trade..

Finance, insurance, and real estate-

Transportation

Communications and public utilities..

10 Services

11 Rest of the world.

7,421

41

41

133

2, 794

330

553

2,516

317

8,804

675

34

66

200

224

3,192

346

619

3, 114

334

1954

9,542

674

32

85

194

208

3, 619

344

697

3, 308

381

348407°—55 3


Table 25.—Number of Full-Time Equivalent Employees, by Industry, 1952-54

Table 26.—Average Number of Full-Time and Part-Time Employees, by Industry, 1952-54

Table 27.—Average Annual Earnings per Full-Time Employees, by Industry, 1952—54

Table 28.—Number of Persons Engaged in Production, by Industry, 1952-54

Table 29.—Corporate Sales, by Industry, 1952-54

Line

All industries, totalAgriculture, forestry, and fisheries -FarmsAgricultural services, forestry, and fisheries

MiningMetal miningAnthracite miningBituminous and other soft coal miningCrude petroleum and natural gasNonmctallic mining and quarrying

Contract constructionManu facturing

Food and kindred productsTobacco manufacturesTextile-mill productsApparel and other finished fabric productsLumber and furniture products

Lumber and wood products, except furniture-Furniture and fixturesLumber and timber basic productsFurniture and finished lumber products

Paper and allied productsPrinting, publishing, and allied industriesChemicals and allied productsProducts of petroleum and coalRubber productsLeather and leather productsStone, clay, and glass productsMetals, metal products, and miscellaneous

Primary metal industriesFabricated metal products, including ordnance.InstrumentsMiscellaneous manufacturingIron and steel and their products, including

ordnanceNonferrous metals and their productsMiscellaneous manufacturing

Machinery, except electricalElectrical machineryTransportation equipment, except automobiles. -Automobiles and automobile equipment

Wholesale and retail tradeWholesale tradeRetail trade and automobile services

Finance, insurance, and real estateBankingSecurity and commodity brokers, dealers and

exchangesFinance, n. e. cInsurance carriersInsurance agents and combination officesReal estate

TransportationRailroadsLocal and highway passenger transportation

Local railways and bus linesHighway passenger transportation, n. e. c . . .

Highway freight transportation and warehousing..Water transportationAir transportation (common carriers)Pipe-line transportationServices allied to transportation

Communications and public utilitiesTelephone, telegraph, and related servicesRadio broadcasting and televisionUtilities: electric and gasLocal utilities and public services, n. e. c

ServicesHotels and other lodging placesPersonal servicesPrivate households .Commercial and trade schools and employment

agenciesBusiness services, n. e. c -Miscellaneous repair services and hand tradesMotion picturesAmusement and recreation, except motion pictures.Medical and other health servicesLegal servicesEngineering and other professional services, n.e.c.Educational services, n. e. cNonprofit membership organizations, n. e. c

Government and government enterprisesFederal—general government

Civilian, except work reliefMilitaryWork relief

Federal—government enterprisesState and local—general government

Public educationNonschool, except work reliefWork relief

State and local—government enterprisesRest of the worldAddendum: All private industries

Table 25 (thousands)

1952

53,9562,0641, 921

14389410364

331289107

2,65016,4131,545

1031,1951,2081,153

789364

503765768251267382534

3,2451, 2531,228

307457

1, 6971,087

911799

9,5162, 6456,8711,920

477

53142638177433

2,7621, 38334014419658414010329183

1,34771959

54524

6,356453822

1,695

35444124216229

1.052124155432575

1953

55,071

2,0741, 935

139

85310754

287297108

2,616

17,2241, 550

1031,1881, 2371,131759372

531790806255280385545

3,5401, 3381,372330500

1,7271,2191,016921

9,698

2,710

6,988

1,994503

54151672182432

5, 5231,8853, 638

5583, 6591, 6552,004

288

6

43,922

2,7581, 36033514019561413411028177

1,38774463

55624

6,482460817

1, 717

31473122209232

1,111129164437580

9,9805, 3291,7843,545

5463, 8101,7312,079

295

5

45,086

1954

53,311

2,0681, 930

138

77610140

226302107

2,580

16,0151,525

1021,0741,1791,037692345

532802792246253368520

3, 1891,1851, 213315476

1,5571, 092961786

9,6292,7146,915

2,053520

55161694185438

2,5621,20932113618560512111027169

1,3897376956023

6,420451803

1,590

30485117206230

1,173134167453581

9,8144,9971,6603, 337

Table 26 (thousands)

1952

56,385

2,1071,921186

89410364

331289107

2,650

16,4131,545103

1,1951,2081, 153789364

5037(55768251267382534

3,2451,2531,228307457

1, 6971,087911799

10,445

2, 730

7,715

2,042480

65170652214461

2,9121, 38334314419970114710329

206

1,3537196554524

6,973480872

2,046

42474147239284

1,052138155432612

10,5905, 5231, 8853,638

1953

57,524

2,1201. 935

' 185

85310754

287297108

2,616

17,2241,550103

1,1881, 2371,131759

531790806255280385545

3, 5401,3381, 372330500

1,7271,2191,016921

10,642

2,796

7,846

2,117

506

65180687220459

2,9121. 36033814019873614111028199

1,39474470

55624

7,106487866

2,073

38504146232287

1,111144164437617

10,5355, 3291,7843,545

5463,9711,8112,160

300

5

43,492

6144, 1491,8502, 299

304

6

J5/789

6014,2971,9442, 353

308

5

46,984

1954

55,774

2,1141, 930184

77610140

226302107

2,580

16,0151,525102

1,0741, 1791, 037692345

532802792246253368520

3, 1891, 1851,213315476

1,5571,092961786

10,564

2, 800

7, 761

2,182523

67193709223467

2,7121, 20932413618872512711027190

1,39673776

56023

7,015479851

1,919

37517138228285

1, 173149167453619

10,4154, 9971,6603, 337

Table 27 (dollars)

1952

3,4311,6291, 5602, 5664,0754, 5443, 5003, 7954,4713, 7664,0213,8333, 4782,5922,987

2, 6513, 0522. 8763, 434

3,9744,2204, 2974,9524,1272, 8613, 7024, 1334,4014,1384, 1473,372

4, 4663,9594,4704, 6083,3394,2842,9753,5873,642

6,0944,3593. 6474,056

2, 686

4,2534, 3383, 4293, 8333,1334,3775,2144, 6505,0003, 6673,8033,4415,5594,1233,0422, 5312, 3552,4721, 686

3, 5143, 8784.0973, 1852,9002, 3942,5974, 890

2, 549

2,997

3,2813, 2724, 0332.879

1953

3,604

1,653

1,5772,7124,3734, 8793,3894,2134,6504, 0284,2654,0553, 6832, 7093,0272,7513,1732,9823,565

4,1734, 4354,5665,2044, 2642, 9383, 9694, 3794,7124, 3654, 3583,536

4,6994,1374,7654,9533,5004, 4933,1153,7703,789

6,1304, 5563, 8564,3082,8174,4434,4033,5313, 9933,2004, 7306,0224,8825,2143,8874,0433, 6515,8734,3943, 2502,6602,4432, 6121,777

3,7104,0554, 3853, 2443, 0782,4922, 7605,1102, 693

3, 166

3,3803, 3404, 2192,898

601 I4,502 !2,043 |2.459 I

4,1113,1373,1693,112

4, 2293, 2793,3153,249

315 !

5 ;

45,354

3, 674

4,167

3,465

3, 824

4,000

3,654

3,681

1,675

1, 5932,8194,3854, 6143,5504, 0624.7584 , 1 1 24,3704,1233,813

2, 8333,0002, 7913, 2733, 0903,641

4,2894,5744,7505, 3544,3202, 9574, 0924, 3994, 6264,4704,4543,616

4,7294, 2534, 8625,0653,6074,6393,2033,964

3, 929

7,6554,7583,9884, 5352,9704,5634,5403. 5954,0813, 2384,8845, 9425, 1095,3703, 9474,2353, 8306,0874,5773,3482,7682,5142,7101,792

4,0334,2124, 4623, 4423,2832,5742,8585,1382. 7623, 3553,4473, 3284.3162, 837

4, 2673, 4433,5123, 386

T a b l e 2 8 ( t h o u s a n d s )

1952

63,470

5,9465, 656

290

93010766

341303113

3,698

16,6001,578

1041,1991, 2341,190820370

504789772252267385543

3,2711,2551,240308468

1,7111,089912800

11,8182,8678,951

2,138478

67155638247553

2,9571,38337314422973514410329190

1,3607216154533

7,989634

1,1721,695

41556516227284

1,367233208481575

1953

84,432

5,8265,540286

88811056

296312114

3,632

17,4081,582

1041,1921,2621,166788378

532814810256280388554

3, 5671, 3401,384331512

1,7411,2211,017

922

12,020

2,932

9,088

2,215504

68165672256550

2,9531. 36036814022876513811028184

1,4007466555633

8,105636

1,1571,717

37585512220287

1, 432239217486580

1954

62,732

5,8465,556

290

81010442

234317113

3,635

16,1951,557

1021,0781,2021,069718351

[99,436

2,4502,351

99

9,3661,440438

2,2274,1781,083

15,052

257,32243, 1893,720

13, 0709,0438,8735, 5103,363

533826796247253371529

3,2171, 1871, 226316

1,5711,094963787

11,9752,9419,034

2,276521

69176694259557

2,7521, 20935313621775212511027176

1,40273971

56032

8,022622

1, 1381,590

36597492217286

1,497244220502581

Table 29 1 (millions ofdollars)

1952

526S 0742,362

16,136273,586

7,7427,844

17, 72423, 9034,8683,3145,547

42, 33020. 20713,046

3, 5575,520

22, 06914,8159,509

19, 762

167,20788, 33578, 872

22,24011,5461,629

4,1882,1741, 356568779

15,2144,828

7819, 365240

10,5851, 5031,674

1953

10,156

172,849

23,069

16,828

10, 0285, 5231,8853, 638 I 3, 545 I 3, 337

9,980 9,8145, 329 4, 9971,784 I 1,660

1 I

3, 9634,4003,734

5583, 6591. 6552,004 I

5463,8101,7312, 079

5463, 9711,8112,160

288 295 |6 I 5 I

53,436 j 54,447 I

3005

52,913

3,252424

1,945

1,010

11,088

1954

508,0522,342

9,661

16,620256,431

171,774

21,442

18,307

11,475

1. Note that the line numbers shown here differ from those used in table 29 in the 1954 National Income supplement.

July 1955 SURVEY OF CURRENT BUSINESS 19

Table 30.—Personal Consumption Expenditures, by Type of Product, 1952-54l


Line

3334

35363738

394041

42

4344

454647

48

4950

51

52

53

54

I. Food 2 and tobacco.

1. Food purchased for off-premise consumption(n. d. c.)

2. Purchased meals and beverages (n. d. c.)--3. Food furnished government (including mili-

tary) and commercial employees (n. d. c.)4. Food produced and consumed on farms (n. d. c.) -5. Tobacco products (n. d. c.) _.

II. Clothing, accessories, and jewelry1. Shoes and other footwear (n. d. c.)_______2. Shoe cleaning and repair (s)3. Clothing and accessories except footwear..

a. Women's and children's (n. d. c.)-.b. Men's and boys' (n. d. c.)

4. Standard clothing issued to military personnel(n. d. c.)

5. Cleaning, dyeing, pressing, alteration, storage,and repair of garments including furs (inshops) not elsewhere classified (s.)

6. Laundering in establishments (s.) _7. Jewelry and watches (d. c.) . . .8. Other (s.)

III. Personal care_

1. Toilet articles and preparations (n. d. c.)2. Barbershops, beauty parlors, and baths (s.)___.

IV. Housing-

1. Owner-occupied nonfarm dwellings—space-rental value (s)

2. Tenant-occupied nonfarm dwellings (includinglodging houses)—space rent (s.)

3. Rental value of farmhouses (s.)4. Other (s.) .___.

V. Household operation.

1. Furniture (d. c.)2. Kitchen and other household appliances (d. c.)_.3. China, glassware, tableware, and utensils (d. c.).4. Other durable house furnishings (d. c.)5. Semidurable house furnishings (n. d. c.)

6. Cleaning and polishing preparations, and mis-cellaneous household supplies and paperproducts (n. d. c.)

7. Stationery and writing supplies (n. d. c.)8. Household utilities

a. Electricity (s.)b. Gas (s.)c. Water (s.)d. Other fuel and ice (n. d. c.) _

9. Telephone, telegraph, cable, and wireless (s.)--.10. Domestic service (s.)11. Other (s.)

VI. Medical care and death expenses-

1. Drug preparations and sundries (n. d. c.)2. Ophthalmic products and orthopedic appli-

ances (d. c.)3. Physicians (s.)4. Dentists (s?)5. Other professional services (s.)

6. Privately controlled hospitals and sanitari-ums (s.)

7. Medical care and hospitalization insurance (s.).8. Funeral and burial expenses (s.)

VII. Personal business..

1. Brokerage charges and interest, and investmentcounseling (s.) .

2. Bank service charges, trust services, and safe-deposit box rental (s.)

3. Services furnished without payment by finan-cial intermediaries except insurance com-ies (s.)

4. Expense of handling life insurance (s.)5. Legal services (s.)

6. Interest on personal debt (s.) _.7. Other (s.)

1952

75,101

52,17513,833

1,9402,0615,092

24,8033,285

20716, 588

10, 6755,913

259

1,639902

1,561

2,573

1,4341,139

25,643

14,818

8,3111,715

799

28,893

3,2293,3541,3802,4332,406

1,532503

7,500

2,4261,457

6512,966

2, 4442,8581,254

10,501

1,569

5612,676

906529

2,398758

1,104

9,380

387

387

2,4882,210

962

2,274672

1953

77,197

53,91514,187

1,8421,9435,310

24,6343,362207

10, 6035,666

213

1,709944

1,560370

2,650

1,4751,175

27,869

16,308

1,751874

30,228

3,2943,4881,3982,4592,461

1,632538

7,841

2,6901,575703

2,873

2,7183,0511,348

11,178

1,615

5772,815943559

2,602908

1,159

10,572

423

419

2,7572,4281,004

2,829712

1954

78,586

55,41514, 358

1, 8011,7625,250

24,5453,464207

16, 010

10,3775,633

228

1,713947

1,606370

2,759

1,4721,287

29,758

17,715

9,3631,741939

30,776

3,2653,6101,3862,3942,443

1,682549

8,361

2,9631,774752

2,872

2,8412,8501,395

11,756

1, 631

5662,913975583

2,8301,0961,162

11,379

474

2,9342,5721,021

2,993737

Line

59

87

100

101

102

103

104

105

Vin. Transportation.

1. User-operated transportation.

a. New cars and net purchases of used cars(d. c.) .

b . Tires, tubes, accessories, and parts (d. c.)__c. Automobile repair, greasing, washing,

parking, storage, and rental (s.)d. Gasoline and oil (n. d. c.) __e. Bridge, tunnel, ferry, and road tolls (s.)f. Automobile insurance premiums less

claims paid (s.)

2. Purchased local transportation-

a. Street and electric railway and local bus (s.).b . Taxicab (s.)c. Railway (commutation) (s.)

3. Purchased intercity transportation _

a. Railway (excluding commutation) andsleeping and parlor car (s.)

b . Intercity bus (s.)__ -•c. Airline (s.) _.d. Other (s.)

IX. Recreation

1. Books and maps (d. e.) —2. Magazines, newspapers, and sheet music

( d )g a e ,

(n. d. c.)d b l e

(n. d. c.)3. Nondurable toys and sport supplies (n. d. c.)__4. Wheel goods, durable toys, sport equipment,

boats, and pleasure aircraft (d. c.)5. Radio and television receivers, records, and

musical instrument (d. c.)

6. Radio and television repair (s)7. Flowers, seeds, and potted plants (n. d. c.)8. Admissions to specified spectator amusements..

a. Motion picture theaters (s)b. Legitimate theaters and opera, and enter-

tainments of nonprofit institutions (ex-cept athletics) (s)

c. Spectator sports (s.)

9. Clubs and fraternal organizations except insur-ance (s.)

10. Commercial participant amusements (s.)11. Pari-mutuel net receipts (s.) _12. Other (s.)

X. Private education and research.

1. Higher education (s.)2. Elementary and secondary shcools (s.) -3. Other (s.)

XI. Religious and welfare activities (s.)~

XII. Foreign travel and remittances—net_

1. Foreign travel by United States residents (s.)—2. Expenditures abroad by United States Govern-

ment personnel (military and civilian)(n. d. c.) .

3. Personal cash remittances to foreign countriesless personal cash remittances to the UnitedStates by foreigners (s.)

4. Less: expenditures in the United States byforeigners (s.)_

Total personal consumption expenditures.

Durable commodities (d. c.)___

Nondurable commodities (n. d. c.)~

Services (s.)- -

1952

23,234

19,892

8,1412,263

6,006119

770

2,170

1,440641

89

1,172

517342287

26

11,374

504

1,6161,164

1,115

2,100

476641

1,6911,284

185222

511512327717

2,319

935812572

2,855

1,652

1,044

960

208

560

218,328

26,641

116,030

75,657

1953

27,009

23,637

10,7802,376

2,8396,565

127

950

2,1981,45065593

1,174

49033132528

11,832

531

1,6701,209

1,193

2,161

533684

1,6411,227

190224

532543377758

2,447

999853595

2,978

1,984

1,144

1,182

571

230,578

29,817

118,945

81,816

1954

26,928

23, 682

10, 2242,249

2,8927,185

132

1,000

2,1501,422632

43328934826

12,220

518

1, 690

1, 226

1,255

2, 204

600697

1,7091,275

211223

557577403784

2,605

1,051917637

3,202

2,018

1,216

1,159

227

584

236,532

29,277

120,894

86,361

1. Consumer durable commodities are designated (d. c ) , nondurable commodities (n. d. a ) ,and services (s.) following group titles.

2. Expenditures for food (items 1-4) include consumer expenditures for alcoholic beverages

of the following amounts in millions of dollars: 1952, $8,735; 1953, $8,885; and 1954, $8,830.Expenditures for food (items 1-4) excluding alcoholic beverages are as follows in millions ofdollars: 1952, $61,274; 1953, $63,002; and 1954, $64,506.


Table 31.—New Construction Activity, by Type, 1952-54


Line

Total new construction activity

New private construction activity.

Residential building (excluding farm).New dwelling unitsAdditions and alterationsNonhousekeeping units _

Nonresidential building (excluding farm) _Industrial buildingsWarehouses, office and loft buildings..Stores, restaurants, and garages

Other nonresidential buildings..Religious, _Educational--Hospital and institutional-Social and recreationalMiscellaneous

Public utility.Railroads _Telephone and telegraph..Other public utility

Farm construction—.ResidentialNonresidentiaL.,

All other private.. -

New public construction activity..

Residential buildingNonresidential building

Industrial—EducationalHospital and institutionalOther nonresidential building..

Military facilities...HighwaySewer and waterMiscellaneous public service enterprisConservation and development .All other public.

Petroleum and natural gas well drilling..

1952 1953

33,008

22,107

.11,1009,8701,045

185

5,0142,320

515622

1, 557399351394125

4,003438570

2,995

1,905890

1,015

85

10,901

6544,1361,6841,619

473360

1,3882,820

790193854

1,616

35,271

23,877

11,93010,5551,108

267

5,6802,229

7391,052

1,660472426317163

4,416442615

3,359

1,731809922

120

11,394

5564,3461,7711,714

365496

1,3073,160

883200830112

1,901

1954

37,577

25,768

13,49612,0701,130

296

6,2502,030

9581,254

2,008593529337228321

4,341353655

3,333

1,560729831

121

11,809

3364,6411,5062,134

365636

1,0303,750

982218704148

2,010

.1. These construction data are published by the Building Materials and ConstructionDivision of the Department of Commerce.

Table 32.—-Private Purchases of Producers' Durable Equipment,19521 . .


Line

Total producers* durable equipment

Furniture and fixtures >Cutlery and hand toolsFabricated metal products (except cutlery and hand tools)..

Engines and turbinesTractorsAgricultural machinery (except tractors)Construction machineryMining and oilfield machinery _.

Metal working machinerySpecial-industry machinery, n. e. c_General industrial machineryOffice and store machines...Service-industry and household machines-.Electrical machinery

Trucks, buses, and trailers..Passenger carsAircraftShips and boats..Railroad equipment

InstrumentsMiscellaneous equipment-

1952

23,116

394474

328972

1,150672783

1,4131, 6491,571

742960

2,671

2,6293,324

167211917

492728

Line

Line

12

Table 33.—Net Change in Business Inventories, 1952-54[Millions of dollars]

Net change in business inventories, total.

FarmNonf arm-

Net change in nonfarm inventories,.

CorporateNoncorporate..

Change in book value-Corporate. .Noncorporate-

Inventory valuation adjustment-Corporate—-Noncorporate

Net change in nonfarm inventories by industrial group-.

Manufacturing .Change in book valueInventory valuation adjustment

Wholesale tradeChange in book valueInventory valuation adjustment.

Eetail trade— .Change in book value ___Inventory valuation adjustment-

AllotherChange in book valueInventory valuation adjustment-

1952

2,753

6482,105

2,105

1,850255

92588342

1,180967213

2,105

1,6821,018664

223-99322

143-89232

5795

-38

1953

1,172

-6831,855

1,855

1,519336

3,1442,606538

-1,289-1,087-202

1,855

1,3922,146-754

194332

-138

200466

-266

69200

-131

1954

-2 ,852

393-3,245

-3 ,245

-2,995-250

-2,944- 2 , 768

-176

-301-227- 7 4

-3 ,245

- 2 , 870-2,664

-206

—21- 4 0

19

-319-220- 9 9

- 3 5- 2 0- 1 5

Table 34.—Supplements to Wages and Salaries, 1952-54[Millions of dollars]

Total supplements to wages and salaries..

Employer contributions for social insurance

Old-age and survivors insurance-State unemployment insurance..Federal unemployment tax

Railroad retirement insuranceRailroad unemployment insurance..Federal civilian employee retirement systems.

State and local employee retirement systems __C ash sickness compensation fundsGovernment life insurance

Other labor income-

Compensation for injuries..-Employer contributions to private pension and wel-

fare fundsPay of military reservistsOther -_

1952

10,177

4,861

1,7761,350263

31925326

6604

138

5,316

879

4,019280138

1953

10,757

4,765

1,8841,288272

31325188

720471

5,992

934

4,600312146

1954

11,657

5,091

2,4321,093

2902742

8705

50

6,566

969

5,072370155

Table 35.—Personal Contributions for Social Insurance, 1952—54[Millions of dollars]

Line

Total personal contributions for social insurance

Employee contributions

Old-age and survivors insurance

State unemployment insurance.

Railroad retirement insurance .

Federal civilian employee retirement systems-——.—

State and local employee retirement systems

Cash sickness compensation funds.

Government life insurance

Self-employed persons' contributions

Old-age and survivors insurance

1. Commodity detail for 1953 and 1954 is not available.

1952

3,753

3,547

1,776

14

319

427

520

62

439

206

206

1953

3,935

3,716

1,884

14

313

427

580

53

445

219

219

1954

4,526

4,307

2,432

13

290

430

6&

57

450

219

219


Line

23

Table 36.—-Transfer Payments, 1952-54


Total transfer payments.

Federal Government-

Benefits from social insurance funds..Old-age and survivors insurance benefits.State unemployment insurance benefits..Railroad retirement insurance benefits....

Railroad unemployment insurance benefits-Federal civilian pensionsGovernment life insurance benefits

Direct reliefMilitary pension, disability, and retirement paymentsAdjusted compensation benefits

Mustering-out payments to discharged servicemenand terminal-leave benefits •___

Readjustment, self-employment, and subsistence al-lowances to veterans..

Other

State and local government.

Benefits from social insurance funds..Government pensionsCash sickness compensation

Direct relief....Special types of public assistance..General assistance

Other..

Business..

Corporate gifts to nonprofit institutions..Consumer bad debts__Other

1952

13,210

8,906

4, 758

2,177992476

42328743

2,5621

453

652480

3,135

54350043

2,2972,129

168

295

1,169

399398372

1953

14,044

9,696

5,605

2,979954515

46396715

2,7471

385

498460

3,144

61056050

2,3572,207

150

177

1,204

407

1954

16,218

11,661

7,466

3, 6332,015

578

157417666

335

610365

3,336

70264062

2,4332,238

195

201

1,221

399398424

Table 38.—Reconciliation of Department of Commerce Estimates ofCorporate Profits With Internal Revenue Service Tabulations.1952


Line

18

24

27

Compiled net profits, IRS..

Plus depletion, IRS ,Plus net capital loss, IRS.Plus net loss, sales of property other than capital assets, IRS_.

Less net capital gain, IRSLess net gain, sales of property other than capital assets, IRS..Less domestic dividends received, IRS. _.Less foreign dividends received, IRS •_

Plus "rest of the world" adjustment, Commerce-Plus profits disclosed by audit, Commerce

Less profits of mutual life insurance companies, based on IRS..Less profits of other mutual financial intermediaries, IRS iLess foreign income tax on branch profits, Commerce

Plus State income taxes, CommercePlus profits of Federal Reserve banks. Federal Reserve Board.Less gross renegotiation refunds, IRS_.Less emergency amortization acceleration, Commerce

Profits before taxes, Department of Commerce..

Less Federal income taxes, IRS •___Less State income taxes, CommerceLess taxes resulting from audit, Commerce..

Plus tax refunds resulting from renegotiation, IRSPlus tax refunds resulting from emergency amortization acceleration,

Commerce

Less income taxes, Federal Reserve banks, Federal Reserve Board

Plus taxes paid by mutual life insurance companies, based on IRSPlus taxes paid by other mutual financial intermediaries, IRS *Less excess profits tax, Vinson Act, Commerce

Plus foreign income tax on dividend income, Commerce-Plus foreign income tax on branch profits, CommercePlus carry-back tax refund, Commerce

Profits after taxes, Department of Commerce.

1952

38,735

2,126

329

1,379486

2,350548

258700

2,07589

357

821351

100

35,936

19,148821420

60

292

11531

230357100

16,148

1. Lines 12 and 26 cover mutual nonlife insurance companies and, beginning with 1952mutual savings and loan associations.

Line

12

Table 37.—Monetary and Imputed Interest, 1952-54


Net Interest (component of national income)

Originating in private business

Monetary interest paidImputed interest paidLess: Monetary interest receivedLess: Imputed interest received

Originating in households and institutionsMonetary interest paid ___,_

Originating in rest of the worldMonetary interest received from abroadLess: Monetary interest paid to abroad

Personal interest income (component of personal income)

Net interest (component of national income). _

Net interest paid by governmentMonetary interest paidLess: Monetary interest received

1952

7,421

4,638

9,9117,21110, 5711,913

2,4662,466

317

12,297

7,421

4,8767,0232,147

1953

8,804

5,429

11,4638,01011,9202,124

3,0413,041

334448114

13,808

8,804

5,0047,4502,446

1954

9,542

5,926

12, 2168,54912,6932,146

3,2353,235

38147392

14,707

9,542

5,1657,7992,634

Table 39.—Major Items of Personal Income and Personal Consump-tion Expenditures in Kind, 1952-54


Line

Personal income and consumption expenditures in kind.. .

Food furnished government (including military) andcommercial employees .

Standard clothing issued to military personnel . .Meals furnished domestic servants and nurses

Net rent of owner-occupied farm and nonfarm dwell-ings

Services furnished without payment by financial inter-mediaries except insurance companies

Employees' lodging .

Personal income and consumption expenditures partiallyin kind __.

Food produced and consumed on farmsFuel produced and consumed on farms

Personal consumption expenditures in kind not includedin personal income

Depreciation of owner-occupied farm and nonfarmdwellings

Taxes on owner-occupied farm and nonfarm dwellingsInstitutional depreciation

1952

9,886

1,940259350

4,675

2,488173

2,159

2,06198

5,981

2,5383,111

333

1953

10,600

1,842213349

5,254

2,757185

2,043

1,943100

6,586

2,7553,473

358

1954

11,234

1,801228323

5,751

2,934197

1,861

1,76299

7,228

3,859383


Table 40.—Gross National Product or Expenditure in Constant Dollars, 1929-54

[Billions of 1947 dollars]

Line

1

2

345


Personal consumption expenditures.

Durable goods.—_.Nondurable goods.Services ___

Gross private domestic investment-.

New constructionResidential nonfarmOther _ -

Producers' durable equipment..Change in business inventories-.

NonfarmFarm—

Net foreign investment -

Government purchases of goods and services..

FederalState and local..

Gross government product..

O ther gross product .

1929

149.3

107.3

13.058.136.2

26.8

16.16.99.38.52.12.6

- . 4

1.6

13.6

2.311.2

7.0

142.3

1930

135.2

100.9

10.555.235.2

17.9

11.84.07.86.8

_ _ i-r

-.2

- . 6

1.2

15.12.7

12.5

7.4

127.8

1931

126.6

98.0

9.155.0

12.0

8.33.45.04.6

Q

-3.02.1

.6

15.9

2.913.0

7.5

119.1

1932

107.6

6.950.731.4

3.3

4.61.72.92.7

- 4 . 1- 5 . 1

1.1

15.1

3.012.1

7.4

100.3

1933

103.7

86.6

6.749.230.8

2.1

3.51.32.32.9

- 4 . 2- 3 . 0- 1 . 3

.1

14.9

4.310.6

8.1

95.6

1934

113.4

91.5

7.652.531.4

4.3

3.91.52.43.9

- 3 . 5.3

- 3 . 9

17.2

5.711.6

9.5

103.9

1935

127.8

97.3

9.455.432.5

13.6

5.22.52.75.23.2.7

2.6

- . 5

17.4

5.411.9

10.2

117.6

142.5

107.6

11.661.834.3

15.2

7.33.63.77.1.9

3.7

- 2 . 8

- . 7

20.38.3

12.0

12.2

130.3

1937

153.5

111.5

12.263.835.5

22.5

8.73.94.88.15.73.02.8

- . 2

19.7

7.811.8

11.3

142.1

145.9

109.8

10.064.934.9

12.1

7.84.03.85.6

- 1 . 2- 1 . 8

.6

1.9

22.1

9.6

12.5

12.3

133.6

157.5

116.3

11.868.536.0

16.8

9.45.44.06.5.8.5.3

1.6

22.8

9.013.8

12.4

145.0

1940

171.6

122.5

13.571.637.4

22.8

10.65.84.88.43.93.1

2.2

24.1

11.013.0

13.0

158.6

1941

198.2

130.9

15.676.438.9

28.9

11.86.25.69.87.36.01.2

1.1

37.3

25.112.2

16.5

181.7

Line 1942


Personal consumption expenditures-

Durable goodsNondurable goods.Services

Gross private domestic investment _

New constructionResidential nonfarmOther

Producers' durable equipment. _.Change in business inventories—

NonfarmFarm

Net foreign investment

Government purchases of goods and services..

Federal.State and local..

Gross government product-.

Other gross product.

223.6

128.1

10.178.040.1

14.7

6.02.93.25.73.0

.62.4

- 1 . 1

81.8

70.811.0

24.8

198.7

1943

248.9

131.4

8.780.842.0

7.4

3.41.42.05.2

- 1 . 2- . 8- . 3

- 4 . 1

114.2

104.39.9

39.9

209.0

1944 1945 1946 1947 1948

268.2

135.9

7.984.343.7

9.2

3.61.12.56.9

- 1 . 3- . 8- . 6

- 4 . 0

127.1

117.49.7

46.2

222.0

263.1

145.2

8.990.645.6

13.0

5.01.43. 69.7

- 1 . 6- . 7

- 2 . 9

107.8

97.99.9

45.1

218.0

233.8

162.4

17.295.449.8

32.4

12.34.87.5

12.37.87.7.0

5.0

34.0

22.711.2

22.6

211.2

232.2

165.0

20.693.151.3

29.7

14.06.37.7

16.7- 1 . 0

1.3

- 2 . 3

8.9

28.615.812.8

16.7

215.6

243.9

168.0

21.393.353.5

38.8

16.17.78.4

17.75.12.82.3

2.1

34.9

20.814.0

16.6

227.3

1949

241.5

172.3

22.494.755.2

28.1

15.87.68.2

15.7- 3 . 5- 1 . 7- 1 . 8

40.3

24.316.0

17.4

224.0

1950 1951 1952 1953

264.7

182.8

27.297.258.4

45.3

20.011.18.9

18.37.06.01.0

- 1 . 1

37.7

20.517.3

18.1

246.6

282.9

183.6

24.299.060.4

45.2

19.09.0

10.018.47.87.1

2.3

51.8

34.217.5

23.0

259.9

293.3

189.2

23.9102.363.0

39.1

18.88.9

10.018.32.01.6.4

1.6

63.4

45.617.8

24.8

268.5

306.5

197.4

26.7105.365.4

39.6

19.89.4

10.519.1

.61.5

- . 3

69.8

51.218.6

24.6

281.9

1954

300.5

200.7

26.9106.567.4

36.7

21.310.610.617.4

- 1 . 9- 2 . 4

.5

1.3

61.7

41.520.2

24.0

276.4


Table 41.—Implicit Price Deflators for Gross National Product by Major Segments, 1929-54[Index numbers, 1947=100]

Line


Personal consumption expenditures..


Gross private domestic investment..


Producers' durable equipment. _Change in business inventories..


Government purchase of goods and services

FederalState and local..

Gross government product.

O ther gross produc t

1929

70.0

73.6

70.764.888.6

53.952.654.968.5

62.4

56.063.8

61.5

70.4

1930

67.4

70.3

67.961.684.8

52.251.352.665.8

60.7

52.862.4

61.3

67.7

1931

60.3

62.6

60.652.679.3

47.746.748.462.3

57.9

53.258.962.0

60.2

1932

54.3

55.4

53.044.973.0

40.837.742.558.8

53.4

48.954.5

60.5

53.9

1933

54.0

53.6

52.045.367.2

40.637.542.455.7

54.0

47.356.7

58.3

53.6

1934

57.3

56.7

55.450.866.9

43.441.744.459.3

56.7

52.9.58.6

58.7

57.2

1935

56.7

57.8

54.552.967.2

44.241.147.059.1

57.5

53.859.2

58.3

56.6

1936

58.1

58.2

54.553.268.4

45.043.246.859.0

58.3

58.358.4

59.7

57.9

1937

59.2

60.3

56.955.170.8

50.447.652.863.3

59.6

58.060.6

61.0

59.0

1938

58.4

58.9

57.052.371.6

50.749.252.365.4

57.9

55.160.1

61.8

58.1

1939

57.9

58.1

56.551.371.6

50.649.951.564.0

58.3

57.359.0

61.2

57.6

1940

58.6

58.7

57.452.072.0

51.751.551.966.0

58.5

55.960.7

59.9

58.5

1941

63.5

62.6

61.956.674.5

56.056.355.670.6

66.3

67.364.3

57.2

64.1

Line


Personal consumption expenditures-


Gross private domestic investment-


Producers' durable equipment. _Change in business inventories..


Government purchases of goods and services-

Federal-.State and local.

Gross government product-

Other gross product

1942 1943

71.2

70.0

69.265.878.5

77.3

76.5

76.273.482.7

1944

78.8

80.8

85.677.686.3

61.659.963.176.4

69.265.271.977.2

74.771.676.178.3

73.0

73.470.0

60.9

72.5

77.6

77.974.8

64.1

79.9

76.0

75.877.8

69.7

80.7

1945 1946

81.2

83.8

89.5

90.3

92.288.692.9

1947

100.0

100.0

100.0100.0100.0

1948 1952 3953

105.5

105.7

104.3105. 9105.9

106.6

104.8

105.1102.3108.9

107.7

106.2

105.1103.3111.4

116.0

113.5

112.0112.2116.1

117.7

115.4

111.3113.4120.1

118.9

116.8

111. 7112.9125.1

76.877.0

83.383.483.387.4

100.0100.0100.0100.0

111.4112.0110.9108.1

110.7109.2112.0113.3

113.9113.8113.9115.7

122.8121.6123.9125.7

125.9124.9126.9126.4

129.9127.3132.3127.6

76.9

76.481.8

77.9

81.8

91.0

92.288.8

91.9

89.2

100.0

100.0100.0

100.0

100.0

104.9

100.8110.8

104.5

105.6

108.2

104.6113.6

111.0

106.2

111.3

108.0115.3

115.0

107.2

121.3

119.9124.3

118.3

115.8

122.3

119.0130.6

124.7

117.0

121.1

116.2134.6

128.6

118.1

1954

120.0

117.8

109.0113.5128.2

130.7126.8134.6128.6

124.7

118.4137.6

132.2

118.9

24 SURVEY OF CURRENT BUSINESS Julv 1955

Table 42.—National Income by Distributive Shares, Quarterly, 1952-54[Billions of dollars]

Line

2 Compensation of employees3 Wages and salaries4 Private5 Military6 j Government; civilian

Supplements to wages and salaries..„ I

1952 1953 1954

III | IV j Year I I

Proprietors' and rental income 1

Business and professionalFarmRental income of persons

Corporate profltsand inventory valuation adjustment ICorporate profits before tax j

Corporate profits tax liabilityCorporate profits after tax

In ventory valuation adjustment

Net interest

12.3 |6.3 |3.6 !2.4 I

8.68.54.7 i3.8 !

.0

12.56.43.6

9.18.64.73.9

1.8 | 1.8 |

73.2

49.146.638.5

2.75.42.5

12.96.44.02.5

9.39.25. 14. 1

. 1

1.9

75.6 289.5

51.649. 140.5

2.6 |6.0 I2.4 |

12.26.63. 12.5

9.99.65.34.3 !

• 3

1.9

195.3185. 115? 210. 522. 510.2

•19. 925.714.39.9

36.935.919.816. 1

1.0

7.4

18 Addendum: Compensation of general governmentj employees 8.0 ! 31.0

74.3

50.948.139.6

2.65.92.8

12.36 63.22.6

9.1 !9.45.24.2

- . 3

2.0

8.0

II III ! IV j Year I

76.9

52.349.541.02.65.9

12.1 !6.5 ;3.0 |2.6 |

!10.3 !10.6 i5.9 I

\

2.2

8.0

77.0I

52.950.342.2

2.65.52.6

9.8 i10.5 I5 . 8 |

_4.7 j

2.3 ji

75.5

53.250. 642.0

2.56. 12.5

11.9 12.16.4 ! 6.42. 9 ! 3. 12.6 I 2.6

7.6 i

7.97.84.33.5. 1

2.3

8.0

303. 6

209.2198.5 I164. 7 |

10.3 !23. 5 !10.8 !

48.425.912.310. 3

37.2 I38.321.317.0

- 1 . 1

8.8

31.fi

III IV Year

73.0[

51.0 |48.0 !39.5 I

2 . 4 S

Vo\12.2 |6.3 |3.3 !2.6 !

7.4 !7.5 !3.8 |3.7 I>0 I2.4 I

8.0

74,6

48.640. 1 j

3.0 |

1 2 . 1 j6.5 !3,0 I2.6 |

8.68 54.34.2.1

2.4

8.0 !

75.3

51.6 I 52.049.141.0

2.45.82.9

12.16.52.92.6

8.94.54.5

- . 1

2,4

76.9

2.4

299. 7

53.450. 641.82.36 . 52.8

1 2 . 16. 62, 8o 7

9.09.14.64.5—. 1

207.919(1 2162.49. 524.411. 7

48. 425. 912. 010. 5

33.834.017. 117.0_ o

9.5

31.8

1. Includes noncorporate inventory valuation adjustment.

Table 43.—National Income by Distributive Sbares, Seasonally Adjusted Quarterly Totals at Annual Kates, 1952-54[Billions of dollars]

Line

1952

III IV i Year

National income 284.2 285.0 | 290.1 I 2f)8.6 i 289.5 I 303.7

Compensation of employees\Y ages and salaries

PrivateAI ilitaryGovernment civilian

Supplements to wages and salaries..

Proprietors' and rental income J

Business and professional-__FarmRental income of persons

Corporate profits and inventory valuation adjustmentCorporate profits before tax

Corporate profits tax liabilityCorporate profits after tax

Inventory valuation adjustment

17 Net interest..

Addendum: Compensation of general governmentemployees

190.2180.14S. 2

10.221.910.0

49. 025. 114.29.7

37.837.720.716. 9

. 1

30.1

192.0182.0149.110.622. 310. 1

50.025.714.59.8

35.633. 618.515.12.1

7.3

30.9

195. 9185.6152.310. 722. 710.2

51.725. 815.910.0

35.134.619.015.5

.5

7.5

31.4

203.0192.5 I159.0

10.5 I23.0 I10. 5 I

48. 926.412.410. 1

39.138.020.917. 1

1. 1

7.6

31.5

195.3185. 1152. 2

10.522.510.2

49.925. 714.39.9

206.3195.7162. 110.323. 310.7

49.12f>. 312.610.2

36.9 40.235.9 41.419. 8 I 23.016. 1 ! 18. 41.0 - 1 . 2

7.4

31.0

8.0

31.6

II

307.9

210.3199. 5165. 510.523.510.8

48.426. 012.110. 2

40.541.523.118.4-1.0

8.7

31.9

III

305.1

211.5200.81 6 7 . 0

1 0 . 32 3 . 51 0 . 7

4 7 . 72 5 . 71 1 . 71 0 . 3

3 6 . 83 9 . 42 1 . 91 7 . 5

- 2 . 6

9.1

3 1 . 6

298.0

208.9198.0164.410.023.710.8

48.425.612.510.3

31.430. 917. 213.7

.5

9.3

31.5

Year I

209.2 i 206.7198. 5164. 710.323. 510.8

48.425. 912 310.3

37.238.321.317.0

— I. 1

8.8

31.6

195. 2161. 7

9.723.911.5

49. 025. 313! 210.4 I

32.6

16. 43 6.3

9. I

31.4

1954

303.6 I 297.7 j 298.9

207.2195. 6162. 0

21, 1ll.fi

34.0

16.916.8

31.5 I

I I I IV

298.7 j 303.2

Year

299.7

207.8 209.8 ' 207.9196. 1 I 198. 1162. 1 i 163. S

9. 4 I 9. 324. 5 I 25. 0 :11.7 ! 11.8 '•

48.2 48.325. 9 26. 011.9 11.710.5 10.6

33.133.516. 816. 7

9.5

48.2 !

1L210. 7 ,

35.536.0 :

18. 1 i17.9 ;

32.2

196.2162.4

<•'. 524. 411. 7

48.425. 912. 010.5

33.834. 017. 117.0- . 2

y. 5

1. Includes noncorporate inventory valuation adjustment.

Table 44.—Gross National Product or Expenditure, Quarterly, 1952—54[Billions of dollars]

Line

Gross national products

Personal consumption expendituresDurable goodsNondurable goodsServices

Gross private domestic investmentNew construction

Residential nonfarmOther

Producers' durable equipmentChange in business inventories—total..

Nonfarm only


Government purchases of goods and services-Federal

National securityNational defenseOther national security


State and local

I II III I IV Year ! I II I III IV j Year '] I ; II i III | IV Year

50.55 6

26.318.6

13.8 I5.0 !

2 9 i2 . 6 j

. 6 I17.712.411.310.7

.61.2. 1

5.3

84.4 I 85.5 ! 92.7

I

53.96.8

28.218.9

11.05.92.83.26.4

- 1 . 3- 1 . 6

.1

19.13.12.11.

1*.

5."

4637

419

53.26. 1

28.318.8

12.86.53.13.45 3i'.o

- . 6

2 0 . 1 I14.212.511.8

1.8.1

5.9

345.2 I

60.7 i 218.3 i8. 2 I 26. 6 I

33. 1 116.019. 4

12.06.23.03.25.6

.2

.2

- . 2

20.214. 112.712.2

. 51.5.1

6. 1

49.623.711. 112.623. 12 8

88.

54.6.27.20.

5

3750

9 1 . 7

5 7 . 57.8

2 9 . 32 0 . 5

91.

56,729!20.

1

9405

14.35.42.43.05.92.93.0

- . 2 1 - . 6

77,54.

,5 i.3 i

48.8 !46.2.5.

23.

4 !4 !8 |4 !2 I

20.14.13.12.

1.

5.'

58045918

13.36.63. 13.56.5_ 2'. 5

- . 6

21.5 I15.313.3 j12.7 !

. 52.1

. 16.2 I

93.2 j 364.5

61.97.9

33. 120. 8

230.629. 8

118.981.8

87.3

55.16.3 i

27.4 !

21.3

89.0 j

58.7 I

29.721. 6

89.1

58.0 j6. 9 !

29. 6 i21.6

13.77. 13.33.86.1. 57

-.7

21.214.812.812.4.5

2. 1.16.4

10.16. 63.13.65.9

-2.4-2.3

t

21.314.712.411.8.52.4. 16.6

51.425. 811.913.824.4I 21.9

-2.0

84.559. 551.449. 42.08. 5. 4

25.0

12.65.62.43.25. 51.41.4

— .3

19.913.711. 711.2. 52.1. 16.3

11,1 1 12.3ti. S i 7. 83.3 i 3.93. 5 j 3. 96.0 ! 5.4

-1.8 ! -1.0-1.0 -1. 1

. 0; -,.4

19.2 19.212.2 | 11.910.9 1 10.510. 5 i 10. 1.4 | .51.4 1.5.1 | . 17.0 7.3

i

S5.i ;

64.78.6 i

34.221.9 ;

11.3

3! 93.75.3 ;

— 1.5 •- 1 . 6

. 5

18.711.410.19.6

L 4 !

. 1 :7.2 i

3W. 5

236.529. 3

120. 986.4

47.227. 813". 514. 32 2 . ?>

— A 2

- . 3

49.243.241. 4

1.8it. 'A. 4

July SURVEY OF CURRENT BUSINESS 25

Table 45.—Gross National Product or Expenditure, Seasonally Adjusted Quarterly Totals at Annual Rates, 1952—54[Billions of dollars]

Line

3 i

1952

Gross national product..

Personal consumption expenditures-Durable goodsNondurable goodsServices

6 Gross private domestic investment7 New construction8 ; Residential nonfarm9 Other

10 Producers 'durable equipment11 : Change in business inventories—total..12 ! Nonfarm only

13 Net foreign investment

49.923.310.512.823.82.71.6

2.9

Government purchases of goods and services ! 72.2Federal I 49.5

National security 45.2- - - - - - 43 o

2.24.7.4

22.7

338.4

213.425.6

114.273.6

National defenseOther national security-


State and local

339.9

216.526.8

114.974.8

45.823.710.912.724.3

- 2 . 1- 2 . 9

.2

77.454.349.346.62.75.4.4

23.1

I I I

345.0

218.325.2

116.876.3

49.023.711.312.421.83,52.9

- 2 . 1

79.856. 749.947. 12.87.0.3

23. 1

IV Year

357.6

225.129.0

118.278.0

53.624.2 |11.6 I12.622.6 !6.9 |6.8 !

- 1 . 6

80.556.550.848.91.96.0.3

24. 0

345.2

218.326.6

116.075. 7

49.623.711.112.623.12.82. 1

- . 2

77.554.348.846.42.45.8.4

23.2

1953 1954

I

361.9

228.530.2

118. 779.6

51.725.211.713. 524.32.22.8

- 2 . 0

83.659.051.949.82. 17.7. 5

24.6

I I

369.3

231.430.6

119.781.1

55.026.212.214.024.44.55.4

- 2 . 5

85.461.053.251. 02.28.3

.424.3

I I I

366.9

232.130.5

118.882.7

52.825.812.113.825.0

2.02.8

- 2 . 2

84.259.351.349.4

1.98.4

.424.9

IV

359.9

230.328.0

118.683.8

46.025.911.714. 124.1

- 4 . 0- 3 . 6

- 1 . 2

84.858.749.447.42.09.6

. 326 9

Year

364.5

230.629.8

118.981.8

51.425.811.913.824.41.21.9

- 2 . 0

84.559. 551.449.42.08.5

425! 0

1

358. 3

232.228.3

119.284.7

45.525.911.814.122.9

- 3 . 2- 3 . 4

- 1 . 1

81.754.746.845.0

1.88.3

.427.0

n

357.6

235.129.0

120.485.7

46.927.313.014.322.4

- 2 . 7- 3 . 2

- . 3

75.948.643.642.01.55.4

.427.3

III IV I Year

358.

237.29.

121.87.

8

9450

367.

241.30.

1

04

122. 588. 1

45.928.514.214.322.2

- 4 . 9- 5 . 4

- . 7

75.847.7 i42. 1 i40.3 I1.86. 1.4

28.1

50.729.415.014.421.9- . 6

- 1 . 0

.9

74.545.740.538.52.05.5.3

28.7

Table 46.—Disposition of Personal Income, Quarterly, 1952-54[Billions of dollars]

360.5

236.529.3

120.986.4

47.227.813.514.322.3

- 2 . 9- 3 . 2

- . 3

77.049.243.241.41.86.3.4

27.8

Line1952 1953 1954

1 Personal income. 64.8

2 Less: Personal tax and nontax payments .3 i Federal4 , State and local

5 I Equals: Disposable personal income

6 ! Less: Personal consumption expenditures.

7 Equals: Personal saving

12.211.2

.9

52.6

50.5

2.0

I I

66.6

7.36.4

.8

59.4

53.9

5.5

i n

68.4

8.07.3.8

60.4

53.2

7.2

I V

71.3

6.96.2. 7

64.4

60. 7

3.7

Year

271.1

34.431.23.2

236.7

218.3

18.4

69.4

12.711.71.0

56.7

54.3

2.4

11 i in IV Year

71.5 71.8

7.26.3

.9

64.3

57.5

6.8

8.77.9.8

63.1

56.9

6.2

73.5

7.26.5.7

66. 2

61.9

4.4

286.2 Ii

35.832.43.4

250. 4

230.6

19.8

70.3

12.010.9

1.1

58. 3

55.1

3.2

III j IV j Year

71.4

6.15. 2

.9

65. 2

58.7

6.5

71.5

7.97.0

.9

63.6

58.0

5.6

74.4

6.86.0

67.6

64.7

3.0

Table 47.—Disposition of Personal Income, Seasonally Adjusted Quarterly Totals at Annual Rates, 1952—54[Billions of dollars]

287.6

32.829. 13.7

254.8

236. 5

18.3

Line |

1 Personal income.

Less: Personal tax and nontax payments .Federal.State and local.

Equals: Disposable personal income

Less: Personal consumption expenditures_

Equals: Personal saving

I

264.2

34.030.8

3.2

230.2

213.4

16.8

I I

267.7

34.130.83.2

233.6

216.5

17.2

1952

274.1

34.531.33.3

239.5

218.3

21.2

1953 1954

IV Year

278.3 j 271.1 282.6

35.031.7

3.3

243. 3

225.1

18.2

34.431.2

3.2

236.7

218.3

18.4

35.432.0

3.4

247.3

228.5

18.7

I I

286.7

35.832.43.4

250.9

231.4

19.6

I I I

288.1

36.132.73.5

251.9

232.1

19.9

I V

287.4

35.932.43.5

251.4

230.3

21.1

Year

286.2

35.832.43.4

250.4

230.6

19.8

I

285.8

32.729.1

3.6

253.1

232.2

21.0

I I

286.6

32.729.13.6

253.9

235.1

18.8

II I IV Year

287.3

32.829.1

3.7

254. 5

237. 9

16.6

290.8

33.129.3

3.8

257.8

241.0

16.8

287.6

32.829. 1

3.7

254. 8

236. 5

18.3

Table 48.—Relation of Gross National Product, National Income, and Personal Income, Quarterly, 1952-54[Billions of dollars]

Gross national productLess: Capital consumption allowances

Indirect business tax and nontax liabilityBusiness transfer paymentsStatistical discrepancy

Plus: Subsidies less current surplus of governmententerprises


III 1 IV Year

1953 1954

III I IV Year

Less: Corporate profits an(* inventory valuationadjustment

Contributions for social insuranceExcess of wage accruals over disbursements

Plus: Government transfer paymentsNet interest paid by governmentDividendsBusiness transfer payments

y

101112131415 Equals: Personal income.

82.7 j6.1 I6. 6 I.3 !• 2 j

.069.5

2.5.0

2.91.02.1.3

64.8

84.46.37.0.3

- . 4

.071.2

I85.56.47.1.3

- 1 . 7

- . 173.2

92.7 I 345.26.67.4.3

2 7

1

75.6

25.528.1

1.2.7

- • 1289.5 j

88.5 i6.7 I7.2 j.3 |.0 I

7 4 . 1 i

91.7 I

6.9 I7.5 !

. 3 I

- . 1 I

7 6 . 9 !

9. 1 12.2 |.0 !

9.3 12. 1 !

- . 1 !

9.1.

9 ;9 !0 !

36.8.

96 !0 !

9.CM*

1 |5 !0 I

10.CM*

330

2.91.42.1

. 3

66.6

CO

1.2.

68.

1113

4

3 . 11.42 . 7

. 3

71.3 I

12.04.99.01.2

271.1

3.21.12.2

0

69.4

3.21.52.2

. 3

71.5

91.17.0 j7.7 !.3 i

- . 177.0

2.1.0

3.11. 12.2.3

71.8

93.27.27.8

.32.3

275.5

7.91.8.0

3.31.32.7.3

364.527.830.21.21.3

- . 4 I

303.6 I

37.28.7

1 I

12.8 '5.09.31.2

87.37.37.3.3

- . 7

- . 173.0

7.42.8.0

3.61.22.4.3

73.5 I 286.2 I 70.3

89.07.47.6 i.3

Q

. 1

74.6

8.62.5 |

3.8.|1.5 |2.2 I

. 3 I

71.4 !

I l l

89.17.67.6.3

- 1 . 6

.0 !75.3 j

8.8 |2.3 i

3.71. 12.3.3

71.5 !

95.11

. 3 I2 .3 I

- . 1 I76.9 ;

9.0 !2.0

• 0

3.91.43.0.3

Year

360.530. 030. 3

1.2Q

299.7

33. 89.6.0

15.05. 2

10. 01.2

74.4 ! 287.6

344807°—55-

26 SUEVEY OF CURRENT BUSINESS July 1955

Table 49.—Relation of Gross National Product, National Income, and Personal Income, Seasonally Adjusted Quarterly Totalsat Annual Rates, 1952-54


Line j


2 Less: Capital consumption allowances3 Indirect business tax and nontax liability4 Business transfer payments5 Statistical discrepancy

Plus: Subsidies less current surplus of governmententerprises


Less: Corporate profits and inventory valuationj adjustment

9 I Contributions for social insurance10 I Excess of wage accruals over disbursements

11 I Plus: Government transfer payments12 I Net interest paid by government13 Dividends14 Business transfer payments

Equals: Personal income

338.4

24.627.01.11.4

37.88.6. 1

11.64.99.01.1

264.2

1952

339.9

25.328.01.2.6

.0 .2

284.2 285.0

35.68.5

.0

11.74.99.01.2

267.7

III

345.0

25.728.21.2

- . 5

35.18.6

- . 3

12.34.99.01.2

IV Year

357.6

26.529.21.21.7

- . 3 - . 4

290.1 I 298.6

39.18.8

.0

12.54.99.01.2

274.1 278.3

345.2

25.528. 11.2.7

- . 1

289.5

36.98.6

.0

12.04.99.01.2

271.1

1953

361.9

27.029.51.2.3

- . 2

303.7

II III

369.3

27.630.3

1.21.9

- . 3

307.9

40.28.8

. o !

12.74.99.11.2

282.6

40.58.9

- . 1

12.75.09.21.2

366.9

28.030.41.21.9

- . 3

305.1

36.88.6

- . 1

12.75.09.41.2

286.7 288.1

IV Year

359.9

28.730.41.2.9

364.5

27.830.21.21.3

- . 7 - . 4

298.0 I 303.6

1954

II

358.3

29.229.91.2

- . 1

357.6

29.630.41.2

- 2 . 3

- . 4 .3

297.7 | 298.9

31.48.5

!13.3 |5.1 |9.51.2

37.28.7 I

- . 1 !

12.8 i5.0 !9.3 ;1.2 !

32.69.7

.0

14.35. 19.71.2

34.0 !9.6 |

.0 |

5.2 !9.8 ;1. 2

III

358.8

30.430.01.2

— 1.5

.0

298.7

33.19.6.0

15.05.2

10.01.2

IV Year

367.1

30.930.71.2.7

— 3

303.2

35.59.6.0

15.75.2

10.61.2

287.4 I 286.2 | 285.8 j 286.6 j 287.3 I 290.8

360.5

30.030.31.2

- . 1

299.7

33.89.6.0

15.05.2

10.01.2

287.6

Table 50.—Personal Consumption Expenditures by Major Type, Quarterly, 1952-54


Line

Goods and services, total

Durable goods, totalAutomobiles and partsFurniture and household equipmentOther durable goods

Nondurable goods, totalClothing and shoesFood and alcoholic beveragesGasoline and oil .Semidurable housefurnishingsTobaccoOther nondurable goods

Services, totalHousehold operationHousingTransportation ]

Personal servicesRecreationOther services

I

50.5

5.62.32.7

.6

26.34.0

16.31.3

[ 4.718.62.96.21.6

} 7.8

53.9

6.83.03.0

.8

28.24.9

17.31.6

4.4

18.92.76.31.7

8.1

1952

III

53.2

6.12.23.0

.8

28.34.4

17.91.6

4.4

18.82.66.51.8

8.0

IV

60.7

8.22.93.81.5

33.16.8

18.51.5

6.4

19.42.86.61.7

8.2

Year

218.3

26.610.412.53.7

116.020. 170.06.0

19.9

75.711.125. 66.8

32.1

I

54.3

6.73.22.8.7

27.54.2

17.01.4

4.9

20.03.26.81.7

8.4

II

57.5

7.83.73.1

.9

29.35.0

17.91.7

4.8

20.53.06.91.9

8.7

1953

III

56.9

7.43.53.1

.8

29.04.2

18.31.8

4.6

20.52.87.01.9

8.8

IV

61.9

7.92.73.81.4

33.16.4

18.71.7

6.4

20.83.07.21.8

8.7

Year

230.6

29.813.212.83.9

118.919.871.96.6

20.6

81.812.127.97.3

34.6

I

55.1

6.32.92.8.7

27.43.9

17.11.6

4.8

21.33.47.31.7

8.9

II

58.7

7.53.53.1

.9

29.75.0

18.11.9

4.7

21.63.07.41.9

9.3

1954

III

58.0

6.92.93.1

.8

29.64.2

18.81.9

4.6

21.62.97 51.9

9.3

IV

64.7

8.63.23.91.6

34.26.6

19.31.8

6.5

21.93.27.61.8

9.2

Year

236.5

29.312.512.93.9

120.919.773.37.2

20.7

86.412.629.87.3

36.8

1 This category is shown as line 18 in the 1954 National Income supplement.

Table 51.—-Personal Consumption Expenditures by Major Type, Seasonally Adjusted Quarterly Totals at Annual Rates, 1952—54


Line |

1

8 I9

10 j11 !12

13141516171819

Goods and services, total -

2 Durable goods, total3 i Automobiles and parts4 Furniture and household equipment..5 | Other durable goods

Nondurable goods, totalClothing and shoesFood and alcoholic beverages..Gasoline and oilSemidurable housefurnishings..TobaccoOther nondurable goods

Services, totalHousehold operation..HousingTransportation iPersonal servicesRecreationOther services

I

213.4

25.69.6

12.43.6

114.220.068.8

5.9

I 19.5

73 610.824.96.7

[ 31.21

II

216.5

26.811.012.23.7

114.919.669.76.0

19.6

74.810.925.46.7

31.7

1952

III

218.3

25.28.8

12.63.8

116.820.370.46.1

20.0

76.311.225.96.9

32.3

IV

225.1

29.012.212.83.9

118.220.671. 16.1

20.4

78.011.426. 57.0

33.2

Year

218.3

26.610.412. 53.7

116.020. 170.06.0

19.9

75.711. 125.66.8

32.1

1953

I

228.5

30.213.512.83.9

118.720.371.56.2

20.6

79.611.727.07.2

33.7

II

231.4

30.613.812.93.9

119.720.372.06.4

21.0

81.112.127.57.3

34.2

III

232.1

30.513.712.93.9

118.819.571.96.7

20.7

82.712.328. 17.3

34.9

IV

230.3

28.011.612.63.7

118. 619.372 16.9

20.3

83.812.228.87.3

35.4

Year

230. 6

29.813.212.83.9

118.919.871.96.6

20.6

81.812.127.97.3

34.6

1954

I

232.2

28.311.812.83.7

119.219. 572.37.0

20.4

84.712.329.3

7.3

35.8

II

235.1

29.012.312.84.0

120.419.872.77.1

20.7

85.712.329.67.2

36.5

I I I

237.9

29.412.412.94.0

122.519.574.07.2

20.8

87.012.729.97.2

37.1

IV : Year

241.0 I 236.5

30.4 1 29.313.4 ! 12.512.9 1 12.94.1 3.9

121.5 ! 120.920.0 ! 19.774.4 j 73.3

7. 4 1 7. 2

20.8 20.7

88.1 1 86.413.0 12.630. 2 29. 87.3 | 7.3

37. 6 | 36. 8

This category is shown as line 18 in the 1954 National Income supplement.


Table 52.—Personal Income, Seasonally Adjusted Monthly Totals at Annual Rates, 1952—54


Year and month

1952JanuaryFebruaryMarchAprilMayJune

JulyAugustSeptemberOctoberNovemberDecember

Total

1953JanuaryFebruaryM archAprilMayJune


Total

1954JanuaryFebruaryMarchAprilMayJune__


Total

Personalincome

261.9265.7265. 0266.2267.9269.3

269.0275.0278.3278.5276.6279.7

271.1

281.1282.0285.0285.5286. 6288.2

288. 9287. 6287.9288.9287. 3285.9

286.2

285.2286. 3286. 3286. 4286. 7286.7

287.1286.7287.9288.4290.8293.4

287.6

Wage and salary disbursements

Total

178.7180.7180.9180.7182.0183.1

181. 6186.7189.5191.3192.4193. 8

185.2

193.9195.6197.6198.6199. 5200. 6

201.8201.1199.8199.7198.3196. 4

198.6

195. 4195.4195.1195. 2195. 7195.8

196. 6195.8195. 8196.8198. 6198.8

196.2

Com-modity

producingindustries

78.678.678.4

75.780.483.484.385.186.6

80.6

86.587.588.288.989.089.4

89.889.488.488.287.285.8

88.2

84.985.084.484.184.584.2

83.883.182.883.485.284.8

84.2

Distribu-tive indus-

tries

47.147.347.647.447.948.4

49.449.449.550.050.150.3

48.7

50.150.551.151.251.852.1

52.852.552.652.552.352.0

51.8

51.851.751.951.952. 152.1

52.852.552.552.752.553.1

52.3

Serviceindustries

22.122.422.322.522.822.9

23.323.423.323.523.623.6

23.0

23.824.024.524.624.625.0

25.325.225.025.125.125.0

24.8

25.025.125.325.725.525.8

26.226.326.326.526.626.6

25.9

Govern-ment

31.732.132.232.232.733.4

33.233.533.333.533.633.3

32.9

33.533.633.833.934.134.1

33.934.033.833.933.733.6

33.8

33.733.633.533.533.633.7

33.833.934.234.234.334.3

33.8

Other laborincome

5.15.15.25.25.25.3

5.35.45.55.55.55.5

5.3

5.65.75.85.85.96.0

6.06.16.16.26.36.4

6.0

6.46.46.46.56.56.6

6.66.66.66.76.76.7

6.6

Proprietor'sand rental

income

48.250.048.950.049.950.6

51.651.452. 050.547.4

49.9

49.748.749.048.448.148.7

47.946.948.348.348.548.5

48.4

48.749.348.948.448.048.2

47.648.149.047.548.3

48.4

Dividendsand per-sonal in-terest in-

come

21.021.121.121.221.221.2

21.321.321.421.521.621.6

21.3

21.822.022.422.723.023.2

23.423.523.723.823.924.0

23.1

24.224.324.324.424.524.6

24.624.724.724.924.926.5

24.7

Transferpayments

12.812.512.712.813.212.8

13.013.913.713.513.513.9

13.2

14.013.714.113.914.013.7

13.814.013.914.814.214.6

14.0

15.015.516.116.416.516.0

16.116.116.317.016.817.1

16.2

Less: Per-sonal con-tributionsfor socialinsurance

3.93.73.83.73.63.7

3.83.73.83.83.83.9

3.8

3.93.73.93.93.94.0

4.04.03.93.93.94.0

3.9

4.54.64.54.54.54.5

4.44.64.54.54.54.6

4.5

Nonagri-culturalincome

244. 5247.0247.1247.7249. 8250. 7

249. 3255. 4258. 6260.6261. 8264. 4

253.1

263. 9266. 1268. 7269. 6270. 9271.7

273. 2273. 0271.7272.8271.2269. 4

270.2

268. 0269. 0269. 4270. 4271. 0272. 1

272.1271.5272.1273.8275. 9278. 1

271.9

Errata in 1954 National Income Supplement

Page 14, lower panel of chart: The equal percentage linesare drawn incorrectly.

Page 116, column 2, 4th paragraph, lines 3 and 4: Sub-stitute " * * * compiled by the Texas Company and pub-lished by the American Petroleum Institute." for " * * *compiled by the American Petroleum Institute and pub-lished in American Petroleum News."

Page 116, column 2, 5th paragraph, line 5: Substitute"The Texas Company average gasoline price * * * " for"The American Petroleum Institute average gasoline price.* * * ii

Page 179, line 24: Figure for 1948 should read "2,503."Page 189, line 59: Figure for 1940 should read "760."

Hew or KevisJ STATISTICAL SERIES

Indexes of Prices Received by Farmers: Revised Series for Page S-5 1

[1910-14=100]

July 1955

Year and month

1952: January- _.February.MarchAprilMayJune

JulyAugustSeptember..OctoberNovember. _December. _

Monthly average.

1953: January. _February.MarchAprilMayJune

JulyAugustSeptember-OctoberNovember,.December..

Monthly average.

1954: January. _February.MarchAprilMayJune

JulyAugustSeptember-OctoberNovember,.December..

Monthly average -

Crops

234240242227221226

234

Feedgrainsandh a y

242237236237235233

Tobacco

431436435435436437

436436 i428 I429412428

432 310

222214215213212204

204205207194195205

208

207208208208207205

202207210204199202

206

419424424424426425

426430452439433427

429

420443443443446445

446430444441438430

439

253256267267269267

270278280275269260

268

254258263267272274

272288292293281276

274

Livestock and products

on

326313305312305322

313321332312289269

Fruit

178178186184181191

199189202204190214

Commercialvegetables,

freshmarket

224206217209209218

301249294341311294

289240203224266281

263262249254251289

308310305304300300

310314306298290276

291 :287 !291 !289 ;286 i280 j

306

279276274271277267

196197204191204228

246201192198224235

268 •263251 ;255 1263 !269 :

277274275266262269

209 I

211 |207 I205 |204 i217236

228 |234 |248 j220 j210 !218 |

220 !

239 |

247227230266 |247197

228 !199 |173 j190226 |221

221

268269275283286283

286294276275277279

272

277277271270263249

244249245241241236

298302299301316300

313301297272266286

296

308314316330324296

278 |282 I274 !265 !261 |253 ;

I292 |

260266275283287282

274267 !257 [237 !231 j229

238245254262266264 i

252 I

223230230234224218

213209189178169169

172179162154159155

176

1 Compiled by the U. S. Department of Agriculture, Agricultural Marketing Service. Data have been revised to incorporate the latest revisions in the price series for individual commodities.Some of the components have not been revised but are shown here for the convenience of the user.

Construction Materials—Output of Selected Items: Revised Series for Page S-8 1

[Index, 1947-49=100]

JanuaryFebruarvMarchApril . .M a yJune

JulyAugust -SeptemberOctober .NovemberDecember

Year

Month

1947

958794.9797.93.

95.95.96.

110.98.

100.

1)6

o6

15

98

089

i)

1948

96. 392 3

108. 297.7

104. 498.8

98.4104. 3105. 4108. 5104.8110.4

102 5

Iron

1949

104 499 3

118.1107. 6103. 9108. 7

95.0 \524.5 ;114.7 i

2 49. 0 :

2 79. 0105. 4

2 100. 8

and stool

1950

104.497 4

112.5 !115.5 !127. 1 i128.7

114.9 '139.7 !

131.5129.4118.5 :119.0

119.9

products

1951

125 7109 1133.5127.1132.4131.8

110. 1129. 1118.4127.8117.4111.7

122.8

1952

129.1123 1135. 3118.8120.5

251.6117. 1126. 1137.9117.7126. 7

2 113.0

1953

121 6 j122 6 |136. 1 !133.1 :129. 1131.4 :

125. 0124. 9 :129.8 !141.0121.8 i117.7 i

127. 8

1954

109 8113 9128.8134. 0124.5138.1

121.4126.9124.3121.3105. 697. 6

120.5

1947

81 887 495.4

100. 4108 2101. 1

103. 5103. 6104.1108.693.290.3

98.1

1948

95 889 2

108. 2105. 5105.8110.1

112. 1119.2112.4111.0100.090.8

105. 0

Lumber and wood products

1949 !

73 4 !73 5 i9 4 . i :99.5 1

104. 1 !105.6 |

90.6 ,110.7 i107.6 ,104.0 ;102. 9 I97.1 ;

96.9

1950

82 986 4

110.9115.1127. 6128.4

116. 3139.9129.6130.4119. 7107.0

116.2

1951 !

106 698 3 !

114.5 !121.2 1133 6126.7

106. 7128.91 1 5 . 1 ••122.3 \107.9 i

88.6 i

114.2

1952

100 8 ;

101 4 i104.6 :116.5112 6 :

119.5

116.9127.9130.8134.0109. 8 '105.2 i

115.0

1953

110 4 '•108 6 '125.6132.1126 4130. 1

122.3118.8122.8126. 6111 3106.0 ,

120.1

1954

102 1107 1128. 1126. 31?4 n

3117. y

3 93. «3 107. (3 126. t

133. f127 f124. G

3 118. ,'i

1 Complied by the U. S. Department of Commerce, RDSA.Commerce, BDSA, and the U. S. Department of Labor, BLS.

2 Data reflect work stoppage in the steel industry.3 Data reflect work stoppage in the Douglas fir industries.

For a description of the indexes see the April 1955 issue of CONSTRUCTION" REVIEW, published jointly by U. 8. Department of

28

Woniklf BUSINESS STATISTICS

X HE STATISTICS here are a continuation of the data published in BUSINESS STATISTICS, the 1953 Statistical Supplement to the SURVEYOF CURRENT BUSINESS. That volume (price $1.50) contains monthly data for the years 1949 to 1952, and monthly averages for earlier yearsback to 1935 insofar as available; it also provides a description of each series and references to sources of monthly figures prior to 1949. Seriesadded or revised since publication of the 1953 Supplement are indicated by an asterisk (*) and a dagger (f), respectively, the accompanying foot-note indicating where historical data and a descriptive note may be found. The terms "unadjusted" and "adjusted" used to designate indexnumbers and dollar values refer to adjustment of monthly figures for seasonal variation.

Statistics originating in Government agencies are not copyrighted and may be reprinted freely,vided through the courtesy of the compilers., and are subject to their copyrights.

Data from private sources are pro-

Unless otherwise stated, statistics through 1952 anddescriptive notes are shown in the 1953 StatisticalSupplement to the Survey

1954

May June July August Septen, October Novem-ber

Decem-ber

1955

Janu-ary

Febru-ary March April May June

GENERAL BUSINESS INDICATORS

NATIONAL INCOME AND PRODUCT

Seasonally adjusted quarterly totals at annual rates:tNational income, total bil. ofdoL-

Compensation of employees, total doWages and salaries, total. _ -do

Private . doMilitary.. _ _ _ _ _ _ _ _ _ doGovernment civilian __ do-

Supplements to wages and salaries do

Proprietors' and rental income, totalo* doBusiness and professional c? - - —doFarm, doRental income of persons.- _ do

Corporate profits and inventory valuation adjust-ment, total bil. of dol_-

Corporate profits before tax, total _._doCorporate profits tax liability doCorporate profits after tax _ do.

Inventory valuation adjustment doNet interest.- _ do

Gross national product, total _ do

Personal consumption expenditures, total do „Durable goods doNondurable goods doServices-... do

Gross private domestic investment, total _.doNew construction doProducers' durable equipment . _ doChange in business inventories do

Net foreign investment- _ . doGovernment purchases of goods and services, total

bil. of dol._.Federal (less Government sales) do

National security 9 doState and local- .. do

Personal income, total doLess: Personal tax and nontax payments doEquals: Disposable personal income doPersonal saving § do

PERSONAL INCOME, BY SOURCE

Seasonally adjusted, at annual rates :tTotal personal income bil. of dol__

Wage and salary disbursements, total do____Commodity-producing industries doDistributive industries doService industries doGovernment do

Other labor income doProprietors' and rental income doPersonal interest income and dividends doTransfer payments ___ doLess personal contributions for social insurance

bil. of doL.

Total nonagricultural income _do

' 286. 7

' 195. 7' 84. 5••52. 1'25 .5-33.6

' 6 . 5' 48. 0' 24. 5' 16 5

' 4. 5

'271.0 !

' 298.9

'207 2' 195.6'162.0

9.5'24.1' 11. 6

'48 .225. 9

' 11 9' 10 5

'• 34. 0'33 .7' 16. 9'16 .8

r 2' 9 . 5

' 357. 6

' 235.1'29.0

r 120 4' 85. 7

'46 .9'27 .3 _- .. - __

22.41' - 2 . 7

' —. 3

' 75. 9' 48 .6'43 .6'27 .3

'286 6' 3 2 7

' 253. 9' 18 8

286.7

195.884.252.1

'25.833. 7

6.648.224. 6ift n

-4.5:

' 272. 1

' 287.1

' 196. 6r 83. 8'52 .8r 26 2'33 .8

6.6' 47. 6' 24. 61'16 . lj

' 4 . 4

' 286. 7

' 195.8' 83.1' 52. 5r 96 3' 33. 9

6.6'48 .1'24 .7' 16.1

' 4 . 6

'271.5

' 298. 7

' 207 8' 196 lj'162 . li

' 9 4' 24. 5' 1 1 7

r 48. 3' 26. 0r \) 7' JO 61

- 33.1'33 .5

16 8' 16.7

' 9. 5

r 358. 8

' 237 9' 29.4

r 121 5'87.0

' 45 9'28 .5' 22 21

' —4.9

'75.8'47 7

42 1r 28 1

r 287 3r 32 8

' 254 5' 16 6

' 287. 9

' 195.8' 82. 8' 52. 5r 26 3

34.2

6.6' 49. 0'24 .7r -[ft ^

. ' 4 . 5

' 272. 1

' 288. 4

' 196. 8'83.4' 52. 7r 26 5

34.2

' 6 . 7' 47. 5' 24.9' 17.0

' 4. 5

' 273. 8

' 290.8

' 198. 6'85 .2' 52. 5r 26 6

34. 3

' 6 . 748.3

' 24.9' 16. 8

' 4 . 5

' 275. 9

r 303 2

' 200 8' 198.1' 163 8

' 9 3'25 0' 11 8

' 48 226 3

r 11 2' 10 7

' 35 5'36 0

18 1' 17 9r «5

' 9 7

'367 1

' 241 0' 30. 4

r 122 1r gg ]

' 5 0 7' 2 9 4' 21 9' — 6

r Q

' 74 5r 45 7

40. 5r 28 7

r 290 833 1

r 257 8r1fi«

293. 4

198.8r84. 8' 53. 1

2 6 6r34. 3

' 6 . 748.926.51 <rr 1

' 4 . 6

' 278.1

' 292.2

' 199. S'85 .4' 52. 9' 26 ,8

34.2

' 6 . 8' 49.1'25 .0'17 .0

' 5 . 0

' 276. 5

' 293.2

r 200.3' 86 .3'53 .0' 26. 7' 34 .3

' 6 . 8' 48 .8' 25 .3'17 .0

' 5 . 0

' 277.7

311.4

' 213 1' 200 8' 166.5

' 9 1

12 2

48 8<>6 611 510 7

39.640.920.520.4

— 1 3' 9 . 9

r 375. 3

' 245 8' 34.4

' 129 4' 89 0

r 54 1'31 .2' 21 5

r 1.5

r — 4

r75. 8' 46 4' 41 2r 29 4

' 293 6' 32 6

' 261 0i- 1R 2

295.7

202.687.853.627.034.2

' 6 . 848.525.517.4

' 5 .1

280. 9

298.9

204.688.953. 627.234. 9

' 6 . 949.025.91 *7 P.

5.1

' 283.7

i

301.1

207.190. 654, 527.334. 7

6.948.526.217.6

5.2

286. 6r Revised.tRevised series. Effective with the issue of the SURVEY, estimates of national income and product and personal income have been revised back to 1952 (see pp. 24 ft); for quarterly or

monthly data prior to 1952, see the 1954 NATIONAL INCOME SUPPLEMENT.cf Includes inventory valuation adjustment. 9 Government sales are not deducted. § Personal saving is excess of disposable income over personal consumption expenditures shown

is a component of gross national product above.S-l

S-2 SURVEY OF CURRENT BUSINESS Julv 1955


1954

May June July August Septem-ber October Novem-

berDecem-

ber

1955

Janu-ary


GENERAL BUSINESS INDICATORS—Continued

NEW PLANT AND EQUIPMENTEXPENDITURES

Unadjusted quarterly totals:!All industries mil. of dol

Manufacturing _Durable-goods industries.Nondurable-goods industries

Mining . _ _ _ _Railroads - - _Transportation, other than railPublic utilities _ .Commercial and other - - ___ _ __ .

do_.__d o —do -

d o . . . .do_.._do ._d o — .do___-

Seasonally adjusted quarterly totals at annual rates:All industries bil of dol

ManufacturingMining _ _ _ _ .RailroadsTransportation other than railPublic utilitiesCommercial and other

dod o . . . .dodo . . .dodo

FARM INCOME AND MARKETINGS*

Cash receipts from farming, including Governmentpayments total mil of dol

Farm marketings and CCC loans, totalCropsLivestock and products, total - ..

Dairy productsMeat animalsPoultry and eggs

Indexes of cash receipts from marketings andloans, unadjusted:

All commodities 1935-39CropsLivestock and products- . .

dodo .do__.-d o . . . .d o . . . .doCCC

= 100__do .do_.__

Indexes of volume of farm marketings, unadjusted:All commodities . 1935-39=100.-

CropsLivestock and products- _ .~ ... -.-

INDUSTRIAL PRODUCTION

Federal Reserve Index of Physical Volume t

Unadjusted combined indext 1947-49

Manufactures -Durable manufactures

Primary metalsSteelPrimary nonferrous metals .

Metal fabricating (incl ordnance)Fabricated metal products _. . . . . . .Machinery

Nonelectrical machinery _Electrical machinery

Transportation equipment .AutosTrucks -_ -- . . . .Aircraft and parts _.. . .

Instruments and related productsFurniture and fixturesLumber and products. _.- -Stone, clay, and slass products._ _. . . . .Miscellaneous manufactures . . . . .

Nondurable manufacturesFood and beverage manufactures

Food manufacturesMeat products - . . .Bakery products . . . . . . - . . . . _

Beverages . .Alcoholic beverages

Tobacco manufacturesTextile-mill products _- - - . .

Cotton and synthetic fabricsWool textiles, . . -

Apparel and allied productsLeather and products -Paper and allied products

Pulp and paperPrinting and publishing __Chemicals and allied products

Industrial chemicals -Petroleum and coal products

Petroleum refining . . .Rubber products

Minerals. .CoalCrude oil and natural gas.Metal mining . _ - . . .____ ._—Stone and earth minerals

do .d o . —

= 100

d o . . . .dodo .dodododo .dodod o -

do .d o . . -

_do .. d o -.do .—dod o . . . .do .

.do . . .

do. d o . . . .do

. d o . . . .

.do .

. d o . . . .- d o -do

. d o . . . .

. d o . . . .

.do . . .

dodo

. d o . . . .

. d o . . . .

.do . .- d o . . . .d o -dodo_.

-do . -_

dododod o -d o —

2,0151, 986

5361,450

389762259

300189382

13069

175

124

12513610810814714812113812C162

' 18014610147213898

122130124

11410310010596

113108

'107949968

10389

134132121145150123130118

11262

134108125

6 932

2,8591,3091,550

261245375

1 1212 071

26 92

11 091 04

911.444 378.07

2 1092 070

7191, 351

380689243

312254356

142104171

124

125135109109149147122137125162

17514396

472136100115131127

11510910610898

124114114939670

9994

13b136119144152124131121

11563

13f120127

2 2052,187

9291,258

360628248

330328331

148132160

116

116125

9496

142138116128119145

165125

2,4812,4691,1111,358

349732262

372393357

163155168

123

12513210097

139144124138118176

165123

78 79469132999

128121

10710910710299

11810392828568

9187

12011611313714512213085

11057

133108130

465132107102134130

11711511710898

10S96

11197

10174

11010113713411614415012413194

11168

130100130

6 640

2,6451,2071 438

251179374

1,0602,133

26 84

10 981.00

801 514 128 42

3,1903,1781,7801,398

326796260

479629368

201233177

126

127135103102137145124145122189

1558174

470137111123136136

111120124120

9810798

10997

10067

10194

137133122149153127133118

11170

12998

129

3 5063 4972,0321,465

335835278

528718386

222263191

130

132140112112142150126150121207

1597078

464138113134139140

12311711812799

11010711110310969

10698

146140125155160126132132

11277

13092

129

3,1913,1721,6551,517

320885298

479585399

196199193

130

132143118122158154125150121206

17914493

471140112123137139

120110113135989799

10310211069

10794

140139125156165129136124

11475

13679

126

6 988

2, 9651,3731 592

244180379

1,1092,110

26 18

10.58.91

681.534 018.46

2,8092,7791,4741,305

327702261

419521344

176183171

128

129143117121160156124146123191

191174

94478142112l ib134134

11510110413f

9888848398

1047(

9194

129127123156166129140128

114

13876

122

2,5712,5361,2451,291

311741219

382440340

165167163

131

133147129130159159124148126191

200195

98479140109118132129

11998

102138948480

10510411470

113105140140118157169132142145

11777

14279

115

1,9481,917

7381,179

299618243

289261310

129106146

135

136151136138167162126152129196

205210

87477142113

'124134134

1229799

124958986

10410811672

116112148147121

'162176134144144

'11979

'14485

113

5,847

2,2491,0631,186

186179359845

2,030

25.65

10.17.80

741.464 018.46

1 9211,898

5771,321

348671286

286204348

12979

166

137

140154142146169165130154132

'195

'209215104

r 479145114

' 126' 140'136

125' 100

100128' 95101100105109118

74

123113152150126165

' 183'133

139146

'11871

'14486

' 122

1,9981,983

6451,338

365674272

299228352

13080

169

'138

' 140' 155' 144

148131166132152133

'188

'213223137472

'144111128

'144'133

'12410110011895

109118

79

117103154148126165183

' 130133145

' 12072

r 144101128

v 1,900P 5 0 0

* 1,400

*>137

v 1399 155v 146

»133v 1519 1349 184

x-209

9 145

9 148*136

*126

*131

P121V 1 1

M41

* 7 324

2, 95c1,34c

23(

23141'

1,1812,30!

i 27. 8<

11.2:9'

1.5!4 38.9

r Revised. p Preliminary. ' Estimates bused on anticipated capital expenditures of business; those for the 3d quarter of 1955 appear on p. 4 of the May 1955 SURVEY{Revisions for 1952 for new plant and equipment appear on p. 10 of the March 1954 SURVEY; those for 1953 appear on p. 8 of the March 1955 SURVEY. Revisions for 1952 and

.come and marketings are on p. 24 of the January 1955 SURVEY; for 1951, on p. 24 of the April 1954 SURVEY.tRevised series. For a detailed description of the revision and monthly and annual data beginning 1947, see the December 1953 issue of the FEDERAL RESERVE BULLETIN.

1953 for far

July 1955 SURVEY OF CURRENT BUSINESS S-3


1954

May June July AugustSeptem-ber

October Novem-ber

Decem-ber

1955

Janu-ary



INDUSTRIAL PRODUCTION—Continued

Federal Reserve Index of Physical Volume 9 — Con.

Adjusted, combined index 1947-49=100-

Manufactures do._.Durable manufactures do__.

Primary metals do_._Metal fabricating (incl. ordnance) do___

Fabricated metal products do__.Machinery do

Nonelectrical machinery do___Electrical machinery do___

Transportation equipment.. do..Instruments and related products do_.

Furniture and fixtm?s. do_.Lumber and products do..Stone, clay, and glass products do..Miscellaneous manufactures do_.

Nondurable manufactures do.Food and beverage manufactures do..Tobacco manufactures do..Textile-mill products do_Apparel and allied products do..Leather and products _do_

Paper and allied products do..Printing and publishing do..Chemicals and allied products do..Petroleum and coal products do..Rubber products do..

Minerals do..Coal do..Crude oil and natural gas do_.Metal mining do..Stone and earth minerals do..

CONSUMER DURABLES OUTPUT

Unadjusted, total output* 1947-49=100.Major consumer durables do

Autos do . . .Major "household goods do . . .

Furniture and floor coverings do . . .Appliances and heaters do . . .Radio and television sets do._.

Other consumer durables do....

Adjusted, total output* do___Major consumer durables do__.

Autos do.__Major household goods dO-_.

Fumiture and floor coverings do . . .Appliances and heaters do._.Radio and television sets dO-_.

Other consumer durables do.__

BUSINESS SALES AND INVENTORIES!

Manufacturing and trade sales (adj.), totalt bil. of doL

Manufacturing, total f do . . .Durable-goods industries do__.Nondurable-goods industries do . . .

Wholesale trade, total do.__Durable-goods establishments do._.Nondurable-goods establishments do.._

Retail trade, total do-_.Durable-goods stores do . . .Nondurable-goods stores do . . .

Manufacturing and trade inventories, book value, endof month (adjusted), totalf bil. of dol_.

Manufacturing, totalf doDurable-goods industries _._doNondurable-goods industries do

Wholesale trade, total__ doDurable-goods establishments doNondurable-goods establishments do

Retail trade, total doDurable-goods stores doNondurable-goods stores do

125

126136106148121138124163

178138102120130128

1171091079510794

137120148125119

1116513491121

1161261461109211215592

1191301451199611619693

46.1

23.211.112.1

8.92.86.1

14.04.79.3

78.9

44.324.919.4

11.85.86.0

22.810.512.3

124

125135108147122139124170

170135104108129131

1161081079310695

136121148124120

1146913699122

1161251431129311216594

1181281361239611024396

46.9

23.311.312.1

9.12.96.2

14.45.09.4

78.7

44.224.619.6

11.95.86.1

22.610.412.2

123

124134103147122141125173

17U13610696131130

11410510195102100

13312114812297

1127013391125

10210712592898811690

11612612712710211424193

46.6

23.211.212.1

9.13.06.1

14.34.99.4

77.6

43.424.019.4

11.85.86.0

22.410.212.2

123

125135105148124144125181

16613510997132133

114105999410396

13512114912198

1096813083121

11312112312110210123494

11512512113110610927091

46.3

23.110.912.2

9.12.96.1

14.24.89.4

77.3

43.123.819.2

11.85.85.9

22.510.312.2

124

126137105149122147125189

167137109116134132

1151051029510191

137121150125117

1086712982121

10811181139108122279101

11412111013210711226798

46.4

23.010.812.2

9.22.96.3

14.24.89.4

77.0

42.923.719.2

11.75.85.9

22.410.212.2

126

128139111150124147123194

169137110128132132

11710510210110394

138121150124125

1097013081121

10911170149111124338104

11211710413110611027098

45.6

22.510.312.2

9.02.86.2

14.14.79.4

76.9

43.223.919.3

11.75.95.9

22.010.012.0

128

130142118152125148122198

175138108124136132

11810610010110596

137120152127122

1136913686125

129142144142108116324100

11912-S12713010311425997

47.6

24.011.312.7

9.32.96.3

14.44.99.4

77.1

43.324.019.3

11.75.95.9

22.110. 0!12.11

130

131143121154125145120193

18'140108131135131

119106101101107100

136121155129133

11673138103127

13214917413010910825894

1251314912910111524296

24.111.012. 5

3.06.

15.15.39.8

43.324.019.2

11.55.75.8

22.110.112.0

132

133145127155125145124187

191140109129136132

121107107103108105

140122154131143

1207414:110126

14216319513'108124260

13114516013310712822598

48.7

24.311.912.4

9.53.16.4

14.95.1

76.9

43.2119.

11.5.5.

22.10.12.1

133

13414713115712614612Z187

19314210912713813;

121106106103106104

143122157134138

12379

'144' 114124

15117421014611113827297

13515117213510'131226'99

48.9

24.612.012.6

3.16.4

14.85.29.6

77.3

43.324.019.2

115.75.9

22.410.312.0

135

136148

' 136'157'129146126

'184

'195'143'112' 126'143'135

'124'109107104115

'105

P 1 4 7124160

'134140

'12172

'144113

'13?

155179215151

'11415126099

139156179

'138109137

'100

50.7

?6 012.913 1

9 73.26.5

15 15.59.6

77 5

43.324 119.2

11.65.75.9

22.610 512.1

136

'138'150' 138160

'130149130

'185

'198'143113123

' 144135

'125110

109115103

151'124163

'134142

' 12073

' 144100129

155179223143111146228' 99

143162190140110141226100

' 50.9

'26.012.8

'13.2

9.63.26.4

'15.35.59.7

77.7

43.324.219.1

11.75.76.0

22.810.612.2

P 1 4 0

p 144P 1 6 2P 1 3 3

P 1 3 2

P 1 9 9P 1 4 5P 1 1 8

P 1 4 8P 1 4 0

P 1 2 6

125

133

12080141

P 1 4 6P 1 6 6P 2 0 5P 1 3 3

PIOO

P 145P 1 6 4p 189P 1 4 4

p 102

51.6

26.513.313.2

9.73.36 4

15.35 59 9

78.3

43.524.319.2

11.85.86.0

23.010.8112.3

' Revised. p Preliminary. 9 See note marked " t " on p. S-2.*New^series. Compiled by the Board of Governors of the Federal Reserve System. For description of the index and back figures, see the May 1954 FEDERAL RESERVE BULLETIN and subse-

§The term "business" here includes only manufacturing and trade Business inventories as shown on p. S-l cover data for all types of producers, both farm and nonfarm. Unadjustedlata for manufacturing are shown on p. S-4; those for retail and wholesale trade, on pp. S-9 and S-10. j^^teu

fRevised series. Effective with the May and June 1955 issues of the SURVEY, data for manufacturers' sales, inventories, and orders have been adjusted to new benchmarks- the revisioniffects data beginning 1951 (the back revisions for sales and inventories, except by stages of fabrication, appear on pp. 20 ff. of the May SURVEY; those for inventories by stages of fabricationjnd for new and unfilled orders, on pp. 21 ff. of the June SURVEY). y B u

S-4 SURVEY OF CURRENT BUSINESS July 1<*f..1

Unless otherwise stated, statistics through 1952 anddescriptive notes are shown in the 1953 StatisticalSupplement to the Survey May June July

1954

August Septem-ber October Novem-

berDecem-

ber

1955

Janu-ary

Febru-ary March April M a y June


MANUFACTURERS' SALES, INVENTORIES,AND ORDERS

Sales, value (unadjusted), totalf mil. of doL.Durable-goods industries, total do—

Primary metal do—Fabricated metal.. do—Machinery (including electrical) do—Transportation equipment (including motor

vehicles) mil. of doL.Lumber and furniture do—Stone, clay, and glass do—Other durable-goods industries do—

Nondurable-goods industries, total do-.Food and beverage do..Tobacco do-Textile do-.Paper do..Chemical do..Petroleum and coal do.Rubber do..Other nondurable-goods industries do.

Sales, value (adjusted), totalt d o —Durable-goods industries, total d o —

Primary metal doFabricated metal d o —Machinery (including electrical) d o —Transportation equipment (including motor

vehicles) mil. of doL.Lumber and furniture d o —Stone, clay, and glass d o —Other durable-goods industries d o —

Nondurable-goods industries, total do —Food and beverage d o —Tobacco do—Textile d o . - .Paper d o —Chemical do....Petroleum and coal do—Rubber do..-.Other nondurable-goods industries do—

Inventories, end of month:fBook value (unadjusted), total do

Durable-goods industries, total doPrimary metal doFabricated metal doMachinery (including electrical) doTransportation equipment (including motor

vehicles) mil. of dol._Lumber and furniture doStone, clay, and glass doOther durable-goods industries do

By stages of fabrication:Purchased materials bil. ofdol--Goods in process doFinished goods do

Nondurable-goods industries, total mil. of doL-Food and beverage doTobaccoTextilePaperChemicalPetroleum and coalRubberOther nondurable-goods industries.

By stages of fabrication:Purchased materialsGoods in processFinished goods

22, 666

10, 9931, 6391,1333,085

2, 756)887573920

11, 6734,069

308874707

1,6022, 062

3741,6771

23, 204!11,06611.6141,1933,1311

2,702896591939

12,1384,115

318!1,0161

72111, 59212,1701

378|1,

44,337125,111

3,1132, 746|8, 5901

5, 742!1,719!

905|2, 296|

6.9!9.9'i8.3;

- b i l .

. . . d o —___do—_._do-_

d o - .. . . d o —_-do . . . -

ofdol.. . d o . . .. . do . - -

Inventories, end of mon th : tBook value (adjusted), total mil . of do l . .

Durable-goods industries, total doPrimary metal doFabricated metal doMachinery (including electrical) doTransportation equipment (including motor

vehicles) mil. of doLLumber and furniture doStone, clay, and glass doOther durable-goods industries do

By stages of fabrication:Purchased materials bil. ofdol.-Goods in process doFinished goods do

44,24,

3,2,8.

5,71,7

3351

908 j

208:640 i

472\

Nondurable-goods industries, total mil. of doL .Food and beverage. . doTobacco doTextile doPaper doChemical - . d o — -Petroleum and coal doRubber doOther nondurable-goods industries do

By stages of fabrication:Purchased materials bil. of doL .Goods in process doFinished goods do

7.11

9.8:8.0:

23,64411, 7051,7221,2223,319

2,863976!622;981

11,9394,045

3301,024

7331, 61012.1281

404!1, 665|

I23,349;11,29311,697!1,210!3,197|

2, 679i94815819811

12,056]3,993!

303!1,0241

7331,6372,171

3851,810

44,19224, 756

3, 0572, 8028, 4241

5, 656!1,073!

7.09.6!

19,4274, 645'1,830!2,425:

996!2,930!2. 785

'7983,018|

2.8!8.71

21, 72810,1911,4211,1092,772

2, 575839576899

11, 5374,041 i

319861680

1, 4932,103

3771,663

23, 20911,153;1,634!1.205!3,1511

2, 660!932^588!977;

12, 056!4, 082.

307990731!

1,569!2,1241

393:1.8601

43,48324, 078|3,133i2, 660!

8,192;

5,44o!1,633!

861!2,159.'

!6.9!9.4!7.8i

23,16410, 701

1,5291,24012, 884j

2, 459|l , 0 0 2 |

625!962|

12,463!4,092;

338!1.058!

751^1,62612,122:

3632,113!

23,11310,9071

1, 569:1,181!3.037;

2, 572|992!584!972!

12,206!4,0481

322;

1,027;744!

1,641!2,122!

3521,950;

42,836!23, 67013,14812,537!8,052;

5,3381,586

83612,173

6.7!9.3|7.6:

7.82.78.9

44, 185j24, 617!

3,151 i2, 694i8, 326

5, 643!l ,690|

871|2,2421

!, l9.6!7.9:

568!699l855J418|997?934|795;817|053i

2.8|

a 81

7.8!

43, 431 i24,011!3,145;2, 583!8,193!

5. 4311i: 6171

8612,1811

0.9!9.4;7. 7!

i19, 420|4, 592!1.886!2,385!

984!2, 946!2, 763:

787|3.077;

8.0=|2.7j8.71

23, 67210, 952 j1,614!1,22313,138|

2,2051,091

652!1,029

12, 720:4,145'

3301,169:

736:1.717;2.101

3432,179;

23,008-10, 832 i1.662!1,15413, 081;

2,317!1,049!

598197l|

12,176!

3,979!311!

1,063729

1.657!2,101

346!

1,990:

42, 639;

23, 462!3,151!2,507:7,910;

5,362!1,566!

827:2, 139!

6. 7!9. 3'7.4;

19, 22614,36811,793!2,474!

996!2 929!2. 757!

838!3,071|

19, 4364,4121, 7622, 466

9972,9612, 767

8413,230

19. 4054, 4671,7732,433

9742, 9522,791

7793, 236

19, 1664,460.1,759:2,373!

962!2,910!2,815;

732^3,155!

19.4,1,2

22

3

177502797352973886821759087

43,05923, 836i3,126!2. 563:8, 138;

1

5. 391!1,570!

853|2,195!

6.7'9.3 !

7.8;

19,223!4, 439J1,8712,373|

972!2,949!2, 760,

754;3,105;

7.8i2.7i8.7!

5,419:1,566i

853!2,1611

6.79.3

19,199!4,409!1.83412.352:

983!2, 948!

2, 739-799!

3. 135

7.82.7^8.7!

23, 63810, 689

1,6461,2163,065

2,053l,000!

6401,069

12, 9494, 234i

285|1,1311

764!1, 707|2,140!

374!2,314

22, 48910,295

1, 596!1,0672, 976',

2,159]952}582!963!

12,1943,975!

291!1,010,'

728 =1,619,!

2,119!346!

2,106!

42, 891 j23.676!

3; 196!2,422'7, 861 i

5, 702!1, 587!

813!2, 095!

!6.6!9.6;7.5!

19,215'4, 588:1,8722. 299

988'2,928!2.826|

78 5!2,929!

2. 7!8.7!

23, 69111,0881,6831,1032,993

2,728987594

1,000

12, 6034,068

315|1,122)

733!1, 677]2,218!

3722,098

23,96411,314

1, 703!1.12613,084!

!2,865!

9971577!962!

12, 6504,031!

315!1. IOO!

73311,76112,240;

404J2, 066'

43,037123, 694 j

3, 246!2,393!7,852J

5, 699!1.617|

8172,070

6.6!9.67.5|

i

19,343;4, 735|1,880!2,292;1,00112,969!2, 7S6:

79 512,885!

7.9!

\

24,16411, 737

1,7931,0433,287

3,213955530916

12, 4273,975

31"1,077712

1,6212,470400

1,855

24, 09711,5701,7191,0983,14"

3, 061985596964

12, 5273,991299

1,046742

1,7642,28741

1,981

43,51124, 0473,3452,3917, 820

5, 82f

1, 69C860

2,116

6.19.77.8

19, 4644.7301,9H2. 3271,0143,0822, 669

8212,902

2.7

8.7

42,23,

32g

90S!709!068.585:057;

43,23,

327

168j916!095:523!973!

43,270;23, 959|

3,127!2, 493;7.978!

43,24,

327

26f02^23.44C881

5, 728'1,6031

856:2,138';

6. 5:9.6;

19,252!4,415!1, 853!2,322!1,00813,006;2, 744:

8353.069

7.82.7!8.$

5,77211.617!

860'2,112!

6. 5;9. 717.8;

19, 31l|4, 529!1,86112, 339!1,0113,006;2,731!

811!3. 023!

7.9'2.8-j8.6!

5, 78C1.69C

8602,137

6.9.

19, 244, 531,84,2, 39<1,00'3, 01S

6

2.88.

23, 69911,4001,8731,0782,920

3,16619441498!921!

12, 299!3, 908'

277!1,047!

756;1. 7762,339

4371,759

24,28711,8501,8291,1233,075

3, 221 i1, 026

586:990;

!12,4373. 993'298!1.068

7411, 7402,293^

4241.880!

43, 503-24, 053[

3, 2802,417:7,822,

5,8311,719

8822, 102

6.49.87.9

19. 4504. 697;1,9632, 3301, 0283, 0492, 581

8062. 996

43, J9C-23. 9843, 2392,4177,804:

5.838:

1.719865;

2. 102;

6.4!9.7;7.9,

19. 2124.5581.8522.3541, 028:

3, 020!2,634

7902. 976;

7.82.88.6

23,97111,7961,8981,0903,134

3,2391, 009J

5059211

12,175!3, 7991

268}1. 0041

731 i1,737!2, 238!

418!1,980;

24, 64912,029:

1, 950;1,147!3,130

3,1971l , 0 5 l '

574!980!

12,620!4, 029!

298 [1,035)

754!1,787!2,307

440;l ,970i

27, 55013, 899,2,2251,2913,628

3, 8521,176

6511,0761

13, 651i4,1171

3091,151

8472 0252, 388

475}2, 339

25, 976!12, 86012,087!1, 2533,318

3, 4861,069

632l,015i

I13,116!

4,113!303|

1, 096807

1, 90212. 3411

466 j2.088!

1, 742:907

2,116

6.3!9.8:8.0|

19, 356!4, 543!1,93412, 380!1,055!3, 045;2, 590;

806.3, 003,

7.9|2.9!8.6|

43, 256;24, 028!

3, 262!2, 420:7, 794;

5.861:1, 724!

872:

2. 095|

6.3!9.8;

19. 228;

4, 499!1, 842!

2, 38011, 03413, 019'2, 670!

' 7 8 2 |3, 002|

17.7!

«• 26, 296-13,300

' 2 , 178- 1,278- 3,326

- 3, 805"1,100

' 6 4 3-970

-12,996- 4,045

-300-1,072

- 803-2,006r 2 238!

'459!.-2,073!

- 26, 025|- 12, 805!

- 2,1331-1,278!-3,193

- 3, 546" 1,0481

-637!-970;

• 13,220- 4, 246

- 326!'1,1171

-787!-1,912- 2, 284

445-2,103!

43,24,

3,2,

5,

4"7121229420844

863

43, 48324, 268

3,1662, 4867, 898

5, 940

- 4 3 ,- 2 4 ,

- 3 ,- 2- 7

- 5

344352126546955

922

914!2,133

If>. 2 !

10. Oi8. li

19,215!4, 39111,901!2, 396:1,057!3,0222, 5871

821|3.040;

7.8!2. 9S. 5!

43, 332;24, 1121

3. 2882, 461!7, 788]

5, 883!1,714s

88712.091 i

6.3|9.9l7. 91

19,220!4, 44211, 846j2, 3961,0362,98212, 667

80513. 046!

7.72.88. 7'

1,736!'915;

-2,152!

' 6 . 2 !-10.0!

- 8 . 2 !i

-18,992|- 4, 228!

1,857!-2,404[- 1,0441- 2,9671' 2 , 605|

824 j .' 3 ,063;

' 7 . 7 |2. 91

r 8. 4;

-43,264!'24,159!- 3,266!- 2, 496!- 7, 816J

- 5, 864|' 1 ,719

' 888!-2,110!

9.9}

19,105:-4,400!

1, 839!- 2, 380 i-1,034- 2,943- 2, 658

78?|- 3, 0671

1:1- 8 . 6

26,21613,3442,2351,2383,368

3,7391,1211

6781965

12, 8724,200!

343!1,032

8161,9722,193

1,875 .

26, 534i13,275!2,207I_1,30313,396

3, 6161,110;.

658J.9851.

13,259s4 , 2 1 1 ! .

336; .1,16O!_

833!.1,953 .2,308!.

2, 013

43, 62924,507

3,1392,6158,019

5.8951..-

909:.2,176!-

||6.3!

|8.2j .

19,122L4.145L1,8112, 4531,0383,0172,673

3,170!-.

7.6i-2.9i.8.6l.

43,533'.24,2731.3,24l!.2,514J.7,910]-

5, 8471,737

8912,133

6.5!9.9'7-8,

19, 26(V4,399 |1,848!2,405I1,0383,0192, 673

".3,"094Jr

7.8|.2.91.8.6L

' Revised. f Revise* series. See corresponding note on p. S-3.

.lulv SURVEY OF CURRENT BUSINESS S-5

Unless otherwise stated, statistics through 1952 anddescriptive notes are shown in the 1953 StatisticalSupplement to the Survey M a y June July

1954

August Septem-ber October

No vein- Decem-ber i ber

Janu-ary

1955

Febru-ary March April

IMay 1 June


MANUFACTURERS' SALES, INVENTORIES,AND ORDERS—Continued

New orders, net (unadjusted), totalt mil. of dol..Durable-goods industries, total. do

1 'rimary metal doFabricated metal doMachinery (including electrical) doTransportation equipment (including motor ve-

hicles) mil. of dol _ .Other durable-goods industries do

Nondurable-goods industries, total doIndustries with unfilled orders 9 doIndustries without unfilled orders % do

New orders, net (adjusted), totalt doDurable-goods industries, total do

T'rimary metal doFabricated metal.. doMachinery (including electrical) do.- .Transportation eciu.ipm.ent (including motor ve-

hicles) mil. of dol.Other durable-goods industries do_-_

Nondurable-goods industries, total do_ -.Industries with unfilled orders9 do_._Industrics without unfilled orders^. do.—

Unfilled orders, end of month (unadj.), totalt do . . .Durable-goods industries, total do . . .

Primary metal doFabricated metal do__-Machinery (including electrical) do.- .Transportation equipment (including motor ve-

hicles) mil. of dol.Other industries, including ordnance do. .-

Nondurable-goods industries, total 9 d o —

BUSINESS INCORPORATIONS^

New incorporations (48 States) number.

INDUSTRIAL AND COMMERCIAL FAILUREScf

Failures, total number-Commercial service do_ - -Construction do. ._Manufacturing and mining d o . . .Retail trade d o . . .Wholesale trade d o . . .

Liabilities (current), t o t a l . . . thous. of dol.Commercial service d o . . -Construction d o . . .Manufacturing and mining do_ . .Retail trade d o . . .Wholesale trade d o . . .

21, 06019,16611,3771

8922, 3771

2,160!

2, 360

11,8942,7849,110

21,9319,5881,391

9392,526

2,2742,458

12, 3432,9629,381

50,70548, 043

3, 5733, 555

15, 476

21,1344, 305

2, 662

9,280

94381

11120046091

38,4942,9613,674

15,62111,7394,499

22.48710. 340

1, 4681, 2852, 726

2,2402,621

12,1472,9719,176

21, 9569,8221, 5621,2242,599

1, 8672,570

12,1342,9139,221

49, 54846, 67!3,3193, 618

14,

20,5114,347

2,870

9,748

96581

13:20845589

41,6132,4,514

18,45411,7224,878

20, 8769,4071,301

8902, 568

2, 2332, 415

11,4692.4499, 020

21,4159,4071,314

8902,579

2,2332,391

12,0082,7529,256

48, 69645, 8943,1993,399

14, 67'

20,1694,448

2,802

9,409

856809516541799

32, 2302,5244,9589, 9869, 6221

5,140

21,8279, 5001,5121,1582,441

2311

112

817087605052998

2310112

574769712101881

22, 6359,9191, 8461.1402, 702

1,2

12,29,

21,9,1,1,2,

1,

699690

327755572

913756543103524

9992, 587

12,1572, 7839,374

47,44,

3,3

14

194

2

9

359693182317236

409549

666

041

91280

100187451

94

32, 58222

12114

381386388225202

2, 672!2, 760

12,7303,0279, 703

23, 28611,1531,783

9923,073

2, 5452,760

12,1332,8039,330

47,50444, 8283,1733,146

14. 096

19, 8764, 537

2,676

9,256

8195988

153406113

36,3812,2905,584

11,26211,8795, 366

2.449|

12,8052, 9239,882:

22, 87010. 7901, 6781, 1012, 915

2, 7642.332

12,0802, 6829,398

47,44044, 9083,2393,03113,912

20,4494,277

2,532

9,852

8716810918941491

29,0001,9524,7337,54"11,84;2,923

12,7163, 0539, 663

23,14210,4911,94311,267)2, 950

1,8242, 507

12, 6512,9079,744

46,38443,7393,4023,06813, 621

19, 5454,103

2, 645

9, 735

9336811017949086

35,0674,0656,8598,09910,4665, 578

24,30911.7882,1511.1593, 029

3,1732 276

12, 5212,9019, 620

24, 76011,9632, 0681,2882.933

3,1732, 501

12, 7973,1199, 678

46, 52943, 7903, 7603,18413, 363

19, 50,3,978

2,739

11,981

13020441398

40,1031,8575,92617, 5268, 5096, 285

24. 32411,940!2, 22211,135'2, 983

3. 0152, 585

12.38412,8939,491

24,64112.1422.1361,1352. 936

3. 3502, 585

12, 4992. 9229,577

47,17444,3504,1093,24113, 446

19,3544,200

2,824

13,181

9398787195456114

37, 8723,1549,04411,6369,6474,391

24,26812, 0232,3971, 0643,191

2,8712, 500

12, 2452, 8709, 375

24, 84512,1702, 4461,1203, 233

2,8712, 500

12, 6752,8999,776

47, 47144, 5774,6083,21513, 503

18, 9864,265

2,894

11,369

87'60113188412104

42,0562, 2447,62418,922!8,9284, 338

28,31014, 596

2, 8961,4633, 656

' 2 6 ,r 13,

r 2

' 3 ,

043132504218345

2, 923

13,7143. 25310, 461

26, 48213, 3532, 5861, 3063,404

3, 3252,732

13,1293,04010, 089

48, 23145, 2745,2793,387

13, 531

18, 7924,285

2,957

13,417

1,03866108225520119

41,2092,9164,46816, 92111,9724,932

'2,728!

'12,911' 2, 888' 10, 023

'26,116' 12, 879' 2, 385'1,194' 3,179

' 3, 337' 2,784

r 13, 237r 3,008' 10, 229r 47,978' 45,106' 5,605' 3,327' 13, 550

' 18, 324' 4,300

' 2, 872

11,756

9036610615448493

35, 9682, 22916, 450

12, 65310, 7653,871

26,698113,7801.2,4831 .l,329j.3,297|.

3 901']2.779J.

12, 909!2,9201.9, 989

27, 70314,4112, 50S1,399!3,5031

4, ion!2. 895

13,2923,106

10,186

48, 46045. 551

5, 8533,418

13,479

18,4864,315

2,909

12, 029; _

955!801.

121L168L499 L

871.

34,7141.1,998 .4,885 ;.

14, 093 .10,874'.2,864'.

COMMODITY PRICES

PRICES RECEIVED AND PAID BY FARMERS

Prices received, all farm products! 1910-14=100..

Crops do_Food grains do_Feed grains and hay do_Tobacco do.

Cotton do.Fruit do.Commercial vegetables, fresh market do_Oil-bearing crops do.

Livestock and products do.Meat animals do.Dairy products do_Poultry and eggs do_

Prices paid:All commodities and services do

Family living items. - doProduction items d o —

All commodities and services, interest, taxes, andwageratest 1910-14=100-.

267276256

284

247 245

243! 247216 225205 202445 446

274236197283

2491296!229169

265276252

2821

272228228286

244278238172

263277247

2801

249

248122820'430

288234199294

246

247233210444

292248173276

249 245282j 274245 254179 162

264277250

282

263273251

280

242

243235204441

293220190275

241265262154

262273250

279

87

242

243239199438

281210226277

241261266159

262272251

279

87

239

243239202430

276218221279

236253264155

261272250

279

86

243

247241204425

275216257274

240263258163

264273254

283

86

244

244240203436

268203258270

243

243239198437

269204262264

247

252236197437

270216!

270261

245264|255190!

264271256

283

2601248!199|

265273256

284

242269241185

265274254

284

244

255240200436

266209308259

234260236175

263274251

243

244232196435

266239230256

242276235176

263273250

282! 282

Pari ty ratio© t- do 90 88 88 89 88 87 87 86 86 87 86 87 87i 86

r Revised. fSee corresponding note on p . S-3. $ Includes textiles, leather, paper, and printing and publishing industries; unfilled orders for other nondurable-goods industries arezero.

^jFor these industries (food, beverages, tobacco, apparel, petroleum, chemicals, and rubber), sales are considered equal to new orders. cfData are from D u n and Bradstreet, Inc.§Data for prices received have been revised back to January 1952 (see p . 28 of this issue of the SURVEY for revisions prior to those shown above); for revised annual data for 1910-51, see p. 23of the April 1954 SURVEY. JRevisions for 1937-53 for prices paid and 1910-53 for parity ratio appear on p. 24 of the April 1954 SURVEY. ©Ratio of prices received to prices paid (includinginterest, taxes, and wage rates).

S-6 SURVEY OF CURRENT BUSINESS Juiv lor,:


1954

M a y June July August Septem-ber October Novem-

berDecem-

ber

1955

Janu-ary


COMMODITY PRICES—Continued

RETAIL PRICES

All commodities (U. S. Department of Commerceindex) 1935-39=100..

Consumer price index (U. S. Department of Labor):All items 1947-49=100..

Apparel doFood do

Dairy products doFruits and vegetables doMeats, poultry, and fish do

Housing doGas and electricity doHousefurnishings- doRent do

Medical care doPersonal care doReading and recreation doTransportation doOther goods and services do

WHOLESALE PRICESc?U. S. Depar tment of Labor indexes:

All commodities 1947-49=100..Fa rm products do

Frui ts and vegetables, fresh and dried doGrains doLivestock and live poultry do

Foods, processed doCereal and bakery products doDairy products and ice cream doFruits and vegetables, canned and frozen.-doMeats , poultry, and fish do

Commodities other than farm products andfoods 1947-49 = 100..

Chemicals and allied products doChemicals, industrial . doDrugs and Pharmaceuticals 9 doFats and oils, inedible -doFertilizer materials doPrepared paint do

Fuel, power, and lighting materials doCoal doElectricity doGas doPetroleum and products do

Furni ture , other household durables doAppliances, household doFurni ture , household doRadio receivers doTelevision receivers do

Hides, skins, and leather products do___Footwear d o . . .Hides and skins d o . . .Leather -do

Lumber and wood products do.__Lumber d o . . .

Machinery and motive products d o - . .Agricultural machinery and equip doConstruction machinery and equip doElectrical machinery and equipment doMotor vehicles do

Metals and metal products doHeating equipment doIron and steel doNonferrous metals do

Nonmetallic minerals, structural doClay products doConcrete products doGypsum products do

Pulp , paper, and allied products doPaper do

Rubber and products doTires and tubes do

Textile products and apparel doApparel doCotton products doSilk products doSynthetic textiles doWool products do

Tobacco mfrs. and bottled beverages doBeverages, alcoholic doCigarettes do

Miscellaneous doToys, sporting goods do

PURCHASING POWER OF T H E DOLLARAs measured by—

Wholesale prices 1947-49=100..Consumer prices doRetail food prices do

208.7

115.0104.2113.3103.5114.6111.0118.107.7105.9128.3125.1113.0106.4129.1120.1

110.997.9

104.491.293.0

106.8113.3101.7104.598.3

114.5107.1117.394.059.3

114.0112.8108.2104.6101.8109.0111.7115.5109.9113.595.773.96.0

111.962.587.6

116.1115.0124.4122.6131.5126. 0118.9127.1113.9131.8123.6119.3132.0117.3122.1115.8126.5125.1129.394.898.288.3

131.685.2

109.5121.4114.3124.0109.2113.6

90.287.088.3

209.0

115.1104.2113.8102.9117.1111.1118.9107. 6105.8128.3125.1112.7106. 4128.9120.1

110.094.896.686.587.7

105.0113. 5102.4104.792.3

114.2106. 8117.094.055.7

111.6112.8107.8104.7101.8107.8110.9115.4109.8113.195.670.695.6

111.60.687.4

116.3115.5124.3122.3131.5125.9118.9127.1113.8131.8123.7119. 1132.0117.5122.1115.8126.5126.1129.394.998.188.4

123.985.6

110.1121.4114.21124.0105.1!113.6

90.986.987.9

209.7

115.2104. 0114.104.3120. 1109.7119.0107.8105.128.5125.2113.3107.0126. 7120.3

110.496.2

110.988.183.2

106.5114.0105.1104.794.1

114.3106.7117.194.052. 0

112. l |112.8!106. 2:104.9!101.8105. 41108.2115.3109.7112.895. 6170.394.9

111.8|58.286.5

119.1118.6124. 3|122.31131.5!125. 8!

118. 9'128.0114.0133. 6124. 2120.4132.0117. 7122.1116. 2i126.5126.81129. 3|95. l |98.488.9!

124.285.7

109.8121.4114.2124.0103.9113. 5j

90.686.8:87. 3:

209.0

115.0103.7113.9105.1114.7107.6119.2107.8105.4128.6125.5113.4106.6126.6120.2

110. 595.8

108.391.283.4

106.4113.2105.9104.892.0

114.4106.8117. 494.053. 5

112.1112.8106.9105. 2102.4105. 4109.3115.3109.71112.9195.4!68. 5 j94.0!

111.855. 884.4

119.11118. 7!

124.3!122.1!131.5!125.7118. 91128. 6114.1133. 8125.1120.5132.3117.9122.1116. 3126.51126. 4129.695.398.689.1

126.385.7

110.3121.5114.3124.0102.3113.4

90.587. 0!87. 8:

208.2

114.7104.3112. 4j105. 8110.5106.7119.5107.9106.0128. 8'125.7113.5106.5126.4120.1

110.093.699.893.680.

105.5113.8106.6105.092.0

114.4106.8117.494.054.0!

112.3!112.8106.9105.5101.2106.0109.4115.3109.4112.895.468.793.0

111.51.582.9

119.3119.0124.4121.9131.6125.6|118.9129.1114.1134.1126.2121.7135.4117.8122.1116.3126.5126.9129.695.398.689.2

128.485.8

109.6121.5114.3124.099.1

112.7

90.987.289.0

207.6

114.5104.6111.8106. 7111.1103.9119.5108.5105.6129.0125.9113.4106.9125.0120.1

109.793.1

101.992.977.5

103.7114.5108.7105.585.8

114.5106.9117.93.656.5

112.1112.8106.9105.1101.8105.8109.3115.6109.5112.95.468.792.4

111.849.582.1

119.8119.5124.3122.0131.6125.2118.61129. 7!

114.3135.0127.4121.9135.4117.8122.1116.3126.5128.5129.695.498.6189.91

127.086.1

108.4121.5114.3124.096.7

112.7

91.287.389.4

207. (

114.6104.6111.1106. 6109.6103.5119.5108.7105.4129.2126.1113.8106.8127. 6120.0

110.093.2

103.293.576.4

103.8116. 5108.8105.586.3

114.8107.0117.793.657.8

112.2112.8107.4105.1103.0107.3109.115.6109.1112.995.469.292.8

111.752.782.0

119.9119.6125.3121.3131.8126.7121.0129.9114.3135. 5127.2121.8135. 4117.4122.11116.0126.5131.4134.995.298.489.9

127.486.9

106.6121.4114.3124.097.0

112.8

90.987.390.0;

207.6

114.3104.3110.4106.8108.4102.2119.7109.1105.4129.4126.3113. 6106.6127.3119.9

109.589.996.92.574.0

103.5116.8108.2106.085.2

114.9107.0117.493.659.3

113.3112.8107.5105.100.7110.2110.4115.109.4112.995.469.91.8

111.647.481.5

120.0119.8125.7121.2132. 6126.8121.7129.8114.3135.0127.6121. 8135. 4117.4122.1115. 9126. 9132.0134.995.298.489.9

123.987.2

106.7121.4114.3124.098.0

112.9

91.387.590.6

207.3

114.3103.3110.6106.4110.6102.4119.6109.4104.6129.5126. 5113. 7106.9127.6119.9

110.192.5

105.293.579.4

103.8116.9107.0104.687.6

115.2107.1117.393.6

207.5

114.3103. 4110 8106.1110.7102.5119.6109.9104.8129.7126.8113.5106. 4127.4119.8

110.493.1

103.893.180.7

103.2116.3107.2104.4

86.9

115.7107.1117.4

61.8;

112! 8108.5105.2100.7113.0111.7115.5108. 7112.595.4169.091.9

111.649.581.2

120.3120.0125.8121.5133. 2!126.8!121.7130.1113.9135.8127.9122.0135.8116.7122.1116.3127.5136.8139.995.298.290.2!

124.187.3

106.6121.4114.3124.097.0

113.2

87.5;90.4!

61. 0!113.5J113. lj108.7:105. 2!100.1!116.31 1 1 . 7 J115.4:108. 5!112.694.768.892.3

111.551.6!82. 2|

121.2121.4126.1121.6133.8126.7121.5131.5113.7135. 8133.7121.8136.11117.0!122.11

116. 61128.0!140.6;142.495.298.290.6

122.486. 7

106. 31121.6!114.6!124.0;97.l!

113.1

90.687.590.3

207.5

114. 3103. 2110.8105.4112.0102.3119.6110.3104. 6130.0127.0113.5106.6127.3119.8

110.092.1

104.492. 2j79.9

101.61116.5;107.2104.8183.3

115.6106. 8117.5!93.l!55. 4

113.6114. 0J108. 5;105. 1199.5;

116.6111.7J

115. ll107. 2l

112.7!94. 7168. 8 i92.21

111.5|50.7'82.1

121. 4121.8126.1121.5133.8|126. 4!

121.5J131.9!113.6!136. 2J134.3J121.9136. 5118.2122.1J116. 8J128.01138. 0142. 3j

95.3|98 3'90.8

121.1.87. 5i

106.1!

121. 6!

114.71124. Oj

95. 6!113.2!

90.987.590.3

207.9 207.8

114.2 1114.2.103.1111.2104. 6117.5103.0119.5110.3104. 5129.9127.3113.7106.6125.3119.8

110.594.2

120. 9191.0!84. 0!

102. 5;116.8!106. 9;104. 786.01

115.7]107. l'118.093.255. 2

113.5114.8;107. 4!102.3!97.8!

'113.11111.5:115.11107. 3!

112.8!94.7!68. 8 j93.2

111. 556.983.6]

122. 4!

122. 9:126.3121.5134.1:126.4!121. 9|132.9113.6!136.4^138.3:122.3136. 8118.2.122.11

117. 41

128.0!138. 3!142.3!95.0|98.0!90.4!

122.8!87.2!

106.0;121.6114.71124.0J94.0!

113.2

90.5;87.6;89. 9|

103. 3 .111.1 -104 0 .120.2102. 1 .119.4110.9103. 7130. 3 .127. 5113.9106. 5125.5119.9

109.9:' 9 1 . 2118.792.478. 4 j

102.1!118.3104.0104.185. 7:

I115.5:106. 8!

117. 693.253.2

113.1114.8;

r 107. 01

' 100.4:97. 8:

r 111.0111.5115.1:

' 106. 5;

113.194.7;69.0;

' 92.9!111.4

r 53. 385.0!

r 123.5r 124. 2;' 126. 7!

121. 5;

134.3126. 5;

122. 0|132. 5113. 5135. 6137.8.123.2137. 0118.2122.1:117.7

r 128.9,138. o'142.395.098.090.3

123.2;86. 9:

106.1121. 6114.7124.091.3

113.2;

291.02 87. 6 .2 90.0!.

90. /

Revised. 1 Index based on 1935-39=100 is 190.9. 2 Indexes based on 1935-39=100 are as follows: Measured by—wholesale prices, 47.5 (June); consumer prices, 52.4 (May); retailsale prices of individual commodities, see respective commodities. 9 Effective with the January 1955 index, cosmetics and related products were• chemicals" subgroup.

food, 44.6 (May) . cfFor actual wholesale pnues u imuivmuttransferred from drugs, etc., to the "other chemicals" subgroup.

July 19.V) SURVEY OF CURRENT BUSINESS S-7


1954


berDecem-

ber

1955

Janu-ary


CONSTRUCTION AND REAL ESTATE

CONSTRUCTION ACTIVITY

New construction (unadjusted), totalj mil. of dol..

Private, total doResidential (nonfarm) do

New dwelling units doAdditions and alterations do

Nonresidential building, except farm and publicutility, total mil. of doL.

Ind ustrial doCommercial do

Farm construction doPublic utility do_._.

Public, total do.._.Nonresidential building doMilitary facilities do.__.Highway doOther types do

New construction (seasonally adjusted), total9mil. of dol..

Private, total doResidential (nonfarm) doNonresidential building, except farm and public

utility mil. of doL.Farm construction doPublic utility do

Public, total do.Nonresidential building do.Highway do.

CONTRACT AWARDS

Construction contracts awarded in 37 States (F. W.Dodge Corp.):

Total projects number.Total valuation mil. of dol.

Public ownership do. . .Private ownership do.. .

Nonresidential buildings:Projects number.Floor area thous. of sq. ft.Valuation thous. of dol.

Residential buildings:Projects number-Floor area thous. of sq. ft.Valuatlon thous. of doL

Public works:Projects number.Valuation thous. of dol.

Utilities:Projects number.Valuation thous. of dol.

Value of contract awards (F. R. indexes):Total, unadjusted 1947-49=100.

Residential, unadjusted do.. .Total, adjusted do. . .

Residential, adjusted do.. .Engineering construction:

Contract awards (ENR)§ mil. of dol.Highway concrete pavement contract awards:©

Total thous. of sq. yd.Airports do__.Roads do.-_Streets and alleys do.. .

NEW DWELLING UNITS(U. S. Department of Labor)

New permanent nonfarm dwelling units started:Unadjusted:

Total, privately and publicly owned...thousands.Privately owned, total do

In metropolitan areas doPublicly own ed do

Seasonally adjusted at annual rate: 9Privately owned, total do

Residential construction authorized (nonfarm; house-keeping units only), all permit-issuing places:f

New dwelling units, total thousands..Privately financed, total do

Units in 1-family structures doUnits in 2-family structures doUnits in multifamily structures do

Publicly financed, total do

CONSTRUCTION COST INDEXES

Department of Commerce composite}: 1947-49=100..Aberthaw (industrial building) 1914 = 100-.American Appraisal Co., The:

Average, 30 cities 1913=100..Atlanta doNew York doSan Francisco d o . . .St. Louis do

Associated General Contractors (all types) do

3,140

2,1161,107

970111

490162170145365

1,02439478

342210

3,1142,1261,104

521132!361988381320

65, 6411,925

669i1,256

5,64751, 913

672, f"

57,01984, 946

825,300

2,427324,032

548103,633

234257193216

1,437

6, 2551,4801,8202,954

108.5107. 4

76.11.1

1, 083. 0

2 92.32 91.32 81. 52 2.92 6 . 82 1.0

120.

586639623530577422

3,385

2,2731,1931,050114

530161192157382

1,1121407!

90400215

3,1082,1251,102!

523131!360

387314

59, 7411,733625

1,108

5,36749, 014

656, 445

51,41473,138720, 266

2,458287,104

50269, 449

240251207227

1,161

10, 4722,1414,5043,826

116.5,112.6183.93.91

1,175.0

108.1104. 2193.03.08.23.9

121.2393

639624530594424

3,556

2,3871, 2671,125113

551158206164393

1,16942090

440219

3,1332,1801,150

530129361

953374309

60, 9961,837681

1,156

5, 74448, 877

641, 513

51, 98874, 756745, 440

2,693351, 895

57198,087

225236206233

1, 575

7,6241,3793,4372,808

116.0112.984.3.1

1,188. 0

98.196.285.13.18.11.8

122.0

591640624530595429

3,693

2,4571,3131,175110

556159J210!

167409

1,23643797

479223

3,199!2, 22611,192;

534128!362

973385318

61,6121,573

5091,064

5,25142, 549

550, 550

53,403!70,5911

692, 736!

2,442262, 682

51666, 897

1,271

8,3911,7113,4083,272

114.3113.081.41.3

1,211.0

98.288.32.97.01.7

121.!

594642625539596430

3,674

2,4601,3271,195

107

558162210153410

1,214410

98492214

3,1992, 247 j1,215

530!127363

952372314

65, 8321,816

5891,227

5,09045, 303

646, 825

57,!78,995

777, 332

2,357293, 285

45798, 790

229! 234243! 254218! 231244 253

1,479

7,8211,2064,3012,314

115.7113.480.62.3

1,248.0

3,503

2, 420!

1,3211,195;

102,

554170202126407

1,083390101389203

3, 1362,2381,210

525^126!364

898!363|266

67, 7011,965633

1,332

5,32150, 258

670, 934

59, 90085, 814851, 824

342, 592

49299, 989

231256241263

996

8,376582

5,4852,309

110.7!110.5!80.2.2

1, 287. 0

97.395. 9i86. 7 i

2.8|6.41.5

122.1395

595649629539596431!

94.3!94. l!84.2!2.77.2

122. 61

59'649629545598}432i

3,329

2,3581,29311.175

96

564178203106383

971366!951

3201190

3,2542,2691,229

537125365

985384320

54, 6711,499475

1,024

4,302!38, 559J491,090!

i48,656!71,778708,691|

I, j

204,595!

94, 474

232254255264

1,215

5,0761,5001,9191,657

103.6103. 375.4.3

1, 393. 0

3,092

2,2631, 2581.150

86

55218419:93348

82935188214176

3,4292,3501,307

539124366

1,079393393

62, 3941,829

6171,212

5,0151, 396

701,427

55, 40777, 300

761, 51

1,514272, 910

45692, 923

211237259277

1,373

2,6981 3, 6391 2, 354

90.689.969.0.7

1, 478. 0

88.0!87.7!77. 81

2.77.1!

. 3 ;

122.4

77.476.066.32.96.81.4

122.5396

598! 598649| 649629! 629545! 545599 599432; 432

2,819

2,0721,1221.0301

71

54218618892302

74734282155168

3,428!2,3961,336

552123368

1,032389344

56,2851,50414801

1,024

4,22742, 768564, 788

50, 69670,031!

690, 355i

979173,657

38375, 650

215241261

1,295

7,1342,6002,7691,765

87.87.3!67.8ij

1,419.0

76.3!75.9!67.3!2.116.5!

|

122.6

2,697

2,0031,049

96068

54918719995

297

694316

78150150

2,974

2,1791,1701.070

79

559186208103333

795354

83180178

2,4351,345

582!122;371

1,016376341

2, 44611, 330

604!121375

996377321

58, 456 75, 533l,581j 2,135472 677

1,109j 1,458

4, 284| 5, 72941, 861 j 51,925

534,463! 758.870

- 3, 257

- 2, 3451,2981,170

105

-562184

'213114

'357

912••366'99255192

- 3,493- 2, 4981, 366

-622120

-376

995- 366319

- 3, 555

- 2, 496- 1, 386- 1, 230

-123

-590' 183-234131

••379

-1, 059-379-110360!

- 210

- 3,530- 2, 502-1, 366

-626119

-376

- 1, 028-368340

3,812

2, 6551,4661,310

125

634189257141398

1,157395115425222

3,4972,4731, 345

622117376

1,024376337

79,184 75,896!2,322j 2,185

6761 675!1,646 1,510

6,135i 6,10751,989! 51,736

706,019! 725,755

52,583 67,539 70,088! 66,55874,545! 98,8061 107,850' 97,248

744,102 989, 730 1, 070,129 1, 011,310

1,234 1,803 2,3011 2,610247,763! 273,315 342,186! 289,665

355! 46254,8151 112,904

2281266!2611297

1,085

264307|2602911

1,987

660 i203,751

290336253

7, 289 9, 5042, 134 2, 0213, 635[ 3, 9881, 520 3,495

89.987. 9:

64. 9j2. Oj

1, 370. 01

78.8!76.8!67.9!

2. 516.32.1

122.7

- 113.8-112.8!

- 86. 0!

- 1.0

1,449

8,4702, 8552,2793,336

127.0126.592.8!

.51

1,367.0 1,309.0

598649'629;545j599432

115.61114.7!100.5}

4.010.11

123.2396

599649!629!550i6001432!

119.2118.4107.4

3.37.7

123.9

600650630!551'001432

621158, 335

296332245280

1,727

8, 7601,2423,3054,213

132.0129. 5!95.112.5|

1, 306. 0

119.8117.1104.33. 19.62.7

124.3

1,882

129.0126. 594.12.5

1, 320. 0

601650628553!6011434!

602654626553601435

397

604054027550601439

- Revised. v Prel iminary. i Da ta includes some contracts awarded in prior mon ths b u t not reported. 2 Revisions for April 1954 (in thous.) : New dwelling uni ts , total 100.7;pr ivate ly financed—total, 99.6; 1-family, 88.2; 2-family, 3.2; multifamily, 8.2.

^Revisions for new construction for 1953 through March 1954 will be shown later; those for 1950-1952 appear on p . 24 of the September 1954 S U R V E Y . Minor revisions for the Depa r tmen tof Commerce construction cost index for 1952 and 1953 will be shown later; those prior to 1952 are shown in the M a y 1953 and M a y 1954 issues of the Construction and Building Materials StatisticalSupplement.

9 Adjusted data not shown in S U R V E Y prior to the October 1954 issue; revisions, prior to April 1954, will be shown later. §Data for Ju ly , September, and December 1954 and Marcha n d J u n e 1955 are for 5 weeks; other months , 4 weeks.

© D a t a for June , August , and December 1954 and M a r c h 1955 are for 5 wTeeks; other months , 4 weeks.tRevised series. These da ta cover nonfarm residential construction authorized in all places (both urban and rural) t ha t require building permits; they replace the former urban-building-

series which covered new dwelling uni ts authorized in all places denned as urban in the 1940 Census.

S-8 SURVEY OF CUEEEXT BUSINESS July lav,


1954

M a y June July Septeiber

teru-•e:

October i Novem-1! ber

Decem-ber

Janu-ary

Febru-ary

March j April j May Juno

CONSTRUCTION AND REAL ESTATE—Continued

CONSTRUCTION COST INDEXES—Continued

E. H. Boeckh and Associates:!Average, 20 cities:

Apartments, hotels, and office buildincs:Brick and concrete U. S. avg. 1926-29 = 100-.Brick and steel doBrick and wood do

Brick and concrete doBrick and steel doBrick and wood doFrame doSteel do

Residences:Brick doFrame do

Engineering News-Record:^Building 1947-49 = 100Construction __ do

Bu. of Public Roads—Highway construction:Composite, standard mile 1946=100.-

CONSTRUCTION MATERIALS

Output of selected construction materials, index:fIron and steel products 1947-49=100

REAL ESTATE

Rome mortgages insured or guaranteed by—Fed. Hous. Adm.: Face amount thous. of dol . .Vet Adm * Face amount do

Federal Home Loan Banks, outstanding advances tomember institutions mil. of dol

New mortgage loans of all savings and loan associa-tions, estimated total thous. of doL.

By purpose of loan:Home construction do__.Home purchase doAll other purposes . - . . _ . . . .do- . .

New nonfarm mortgages recorded ($20,000 and under) ,estimated total mil. of dol . .

Nonfarm foreclosures* number._Fire losses thous. of dol—

255. 7251.3253.9

262. 9258. 8253.1252. 6242. 2

254. 5248.3

130.0137.3

124.5124 5

146, 580269,616

608

728,369

254, 361301, 497172, 511

1,8042,189

62, 282

256.1251. 5254.7

263. 4259. 3253. 6253.9242.4

255.3249.3

131.3138.7

127.0

138.1i 117.9

164,217308, 931

675

809,937

283,088341,421185, 428

1,9902,339

65, 533

257. 3252. 8256 2

265.0261.0254. 9255. 4244 7

256 8250.8

134.7141.7

121 4i 93. 9

154, 598293, 652

630

802, 356

280, 756348, 998172, 602

2,0272,230

69, 532

257. 9253. 3256 3

258.3253. 7256. 5• " " "

265 8; 266.1

261.7; 262.1255.3| 255.4255 5i 255.7245 5

257 0250 8

134 4141.3

126 91 107. 6

150, 706418,182

659

245 9

257 2251.1

134.7141.6

125 4

124 3i 126.6

135, 743409, 864

689

840,693 828.170

288, 985371 951179,757

2,086

282,060368,912177,198

2 1222,108 2, 365

78,163; 64,087

258 5253. 9256. 8

266. 3262. 2255. 6256. 1245.9

257. 5251.4

135. 0141. 8

121. 3133.5

153, 592517,807

708

824, 223

283,385364, 267176. 571

2.1562,079

57. 668

258. 2253.4256.8

266. 0262. 0255. 5256.1245.6

257.4251. 4

135.1141.9

105.6127.5

182, 894492, 850

743

806, 718

278,125357,022171,571

2,1482,181

61, 663

258. 5253. 8257 1

266. 2262. 2255. 7256. 4245.9

257 7251. 7

135. 4142.1

128. 1

97.6124.9

201, 289555, 699

867

852, 543

294, 539368,513189,491

2,2672,224

83,881

258. 8254. 6

266. 4262. 5256.2257. 4246.0

258 4252.4

135.9142.4

104.5117.7

252, 393622, 155

717

743, 693

252,192325, 796165, 705

2,0242,305

75, 265

258.8254. 7257.9

266. 5262. 6256.3257. 7246.1

258.6252.6

135,9142.5

104.5116.7

226,434566,118

688

775,171

264,962339,522170,687

1,9582,189

85, 046

259.0254.9258. 6

266. 7262. 9256. 8258.8246.3

259. 3253. 5

136 2142.9

127.6

130.1136.4

269. 267531, 647

702

1,025, 743

386, 238427, 406212, 099

2,4552,595

88,197

260. 7256. 2260 0

268. 5264. 5258. 1260.3247.4

260 7254 9

136 8144.2

133. 8129.9

243, 346514, 998

754

1, 015, 722

380, 044430 289205, 389

2,357

78, 632

261. 8257. 3261 3

269 7̂265. 6i259.6*>61 8948 3

^69 3256 4

137 4144.8

229, 813548, 510

138 ?145. 7

71,789

DOMESTIC TRADEADVERTISING

Printers' Ink advertising index, adjusted:Combined index 1947-49=100.

Business papers do___Magazines do._.Newspapers doOutdoor do___Radio (network) d o . . .Television (network) 1950-52=100.

Tide advertising index, unadjusted 1947-49 = 100.

Radio advertising:Cost of facilities, total thous. of doL

Automotive, incl. accessories do__.Drugs and toiletries do.__Foods, soft drinks, confectionery do.__Soaps, cleansers, etc do_._Smoking materials do.._All other do.._

Television advertising:*Cost of facilities, total do .

Automotive, including accessories do_Drugs and toiletries do .Foods, soft drinks, confectionery do .Soaps, cleansers, etc do .Smoking materials do_All other do .

Magazine advertising^Cost, total d o . . .

Apparel and accessories d o . . .Automotive, incl. accessories do_._Building materials d o . . .Drugs and toiletries do.._Foods, soft drinks, confectionery d o . . .Beer, wine, liquors d o . . .

Household equipment and supplies do___Household furnishings d o . . .Industrial materials d o . . .Soaps, cleansers, etc d o . . .Smoking materials d o . . .All other do_._

Linage, total thous. of lines.

Newspaper advertising:Linage, total (52 cities) d o . . .

Classified d o . . .Display, total do-_.

Automotive d o . . .Financial d o . . .General do._ .Retail d o . . .

16717313315914659

250

180.!

12,112957

3,3152,4761,287867

3,210

25,9222,4764,6305,5542,9963,6196,648

62, 9845,5146,3294,6705,2156,6722,616

4,8623,4264,0201,2731,662

16, 727

4,284

234,64455, 689178,95514, 6472,905

34, f126, 506

17317314416414756

264168.4

10, 764669

3,1822,3611,200709

2,644

24, 5362,2685,0735,4362,8823,4425,434

50, 3243,2384,9723,6415,2106, 6952,3803,2591,7623,755

7811,691

12, 938

3,214

216, 57052,030164,54015,1292,921

31,312115,179

17016012815715264298

131.1

9,529693

2,2222,4531,117575

2,469

22, 9451,9695,1825,3772,4843,5854,348

33, 576814

3,7141,7413,7985,4571,9671,733681

2,719515

1,1389,2973,104

185, 77150, 193135, 57911, 5203,227

23, 95296, 880|

16816'12616113860280

130.3

9, 571721

2.1302,3261,135613

2,647

23,6691,9345,5045,4472,7983,5594,426

36, 5484,2023,7871,5543,5,3571,521

1,3481,0012, 793456

1,0879,943

3,864

199,36353, 001

146,362!10,781!

2, 278|23. 526

109, 777|

16917113215615660

263

159.6

10, 445692

2,5462,6081,208

7712,621

26,1981,9326,0535, 7953, 0543,5105,855

51, 7876,3993,1623,1984,4605,9992,005

3,0052,5104,303

7291,285

14, 732

4,656

218,90951,050

167, 8589,7602,673

28, 981126, 444

16717413315514350

275

188.9

10,950631

2,5562,5371,1611,0213,043

31,6712. 8377,2026,5713,0553.7288,278

63,0485,7123,2623,2366,1958,8853,158

4,4503,6904,769

8101,377

17, 502

4,999

244, 88054, 501

190,37912, 5723,179

37, 559137, 069

17816814017016355

294

191.7

11,4291,0112,5762,5781,219

9773,068

32, 0753, 4326,7216,7353,1453, 7348,307

63, 5114,7285,8782,1845,7958,4774,135

4, 4392,9484,229

7601,549

18, 390

4,306

238, 47548, 793

189. 68215,6173,255

34, 513136, 298

17416114116016253

304

149.6

11,187857

2,4922,4811,2541,0233,081

33, 5603, 3887,3577,4533,2963,9298,139

45, 0773,3403,714

8594,3616,4724,568

2,8071,5103, 036

2941,492

12, 622

3,283

229, 48045,160

184, 3208,0743,218

26, 038146, 991

18216513718214460294

140.9

10, 786822

2,5742,3531,067957

3,012

33, 4463,5067,7277,7353,4533,3887,636

34, 6481,8564,1771,3943,2895,2341,507913

1,2912,313

5061,055

11,1133,771

196, 20450, 842145, 3629, 980!4,516

24, 785106, 081

18116414018213261304

158.6

10, 215834

2,3412,3431,023883

2,790

31, 2793,2396, 8357, 33913,3333, 262|7,271

47, 4793,0254,5232,3034,7807,3902,2201,9131,7263,0891,0731,350

14, 088

4,348

194, 39548, 519145, 87611,0402,70:

27, 74;104, 37'

18216714118615257

300

191.0

'11,:875

r 2, 6442,5321,168965

3,056r 34, 574

3,7257,65:7,9913,7283,601

' 7, 873

56, 9664,8525,3083,4474,7,9162,4722,9582,6573,67<

9711,486

16, 229

4,794

242, 54957, 756184, 79315, 2923,530

34, 414131, 557

179168145|17814954

301195.3

9,924775

2,342,142!

202.8

1, 046928

2,690

32,7193,3877,4777, 3543,5923,3487,562

67,1335,26'7,1124,1795.7387,6253,1084,9993,5614,567791

1,36218, 822

4,927 4,548 3,402

243,834 260,38159,9961 64,921|

183,838! 195. 460]17,079 18,499!3,382 3.278!

33,243 36,6961130,135' 136,986!

r Revised. * Preliminary. 1 Data reflect work stoppage in Douglas fir industries.§Copyrighted data; see last paragraph of headnote, p. S-l. & Data reported at the beginning of each month are shown here for the previous month.fRevised series. For data back to January 1947, see p. 28 of this issue of the SURVEY.*New series. Mortgage foreclosures, compiled by the Housing and Home Finance Agency, Home Loan Bank Board, represent estimates of the total number of mortgage foreclosures in all

nonfarm areas of the U. S. Television advertising cost, compiled by the Publishers' Information Bureau, Inc., covers gross time charges for network advertising on major television networks(ABC, N B C , Columbia, and Du Mont) . ^Revised to exclude magazine sections of newspapers. Comparable data prior to August 1953 will be shown later.

July 1955 SUKVEY OF CURRENT BUSINESS S-9


1954


berDecem-

ber

1955

Janu-ary


PERSONAL CONSUMPTION EXPENDITURESSeasonally adjusted quarterly totals at annual rates: X

Goods and services total bil nfdnl

Durable goods, totalAutomobiles and partsFurniture and household equipment

Nondurable goods, totalClothing and shoes ._ __ -Food and alcoholic beveragesGasoline and oil

Services, totalHousehold operation __HousingTransportation

RETAIL TRADEAll retail stores:

Estimated sales (unadjusted), total mil

Durable-goods storesAutomotive group ._ . ___

Motor-vehicle, other auto dealersTire, battery, accessory dealers

Furniture and appliance group

dododo

do .-do _-dodo _-

dododo

__do _-

ofdoL.

dododo

__do

doFurniture, homefurnishings stores doHousehold-appliance, radio stores

Lumber, building, hardware groupLumber, building-materials dealersHardware stores _____

Nondurable-goods storesApparel group

Men's and boys' wear storesWomen's apparel, accessorv stores

_ dodo

. . .do—do

dodo

- d o —- d o — .

Family and other apparel stores doShoe stores

Drug and proprietary storesEating and drinking placesFood group -__ _--

Grocery storesGasoline service stations...

General-merchandise group _ __Department stores, excl. mail-orderMail-order (catalog sales) ___Variety storesOther general-merchandise stores

Liquor stores . .Estimated sales (adjusted), total

Durable-goods storesAutomotive group

Motor-vehicle, other auto dealersTire, battery, accessory dealers

Furniture and appliance group _.Furniture, homefurnishings storesHousehold-appliance, radio stores

Lumber, building, hardware groupLumber, building-materials dealersHardware stores __

Nondurable-goods stores _ _Apparel group _ _ . _

Men's and boys' wear storesWomen's apparel, accessory stores _ _

do

dododododo

do- d o —

dodo

- d o -do

do

dododo

__do

_-do. . d o —. do- d o —. . d o -

do

_ dodo

. . d o —-_do -

Family and other apparel stores doShoe stores d n

Drug and proprietary stores doEating and drinking places.Food group

Grocery storesGasoline service stations _.

General-merchand ise groupDepartment stores, excl. mail-orderMail-order (catalog sales)Variety stores _ _ _ ...Other general-merchandise stores

Liquor stores _

Estimated inventories:Unadjusted, total.

Durable-goods stores _Nondurable-goods stores

Adjusted, total -Durable-goods stores

Automotive group _ _Furniture and appliance group.

do. . d o -

do- d o —

__do- d o — .- d o —__do- d o -

do

_ dododo -

- d o —- d o -

do—do

Lumber, building, hardware group do

Nondurable-goods storesApparel group _ _

. . d o -do --

Food group doGeneral-merchandise group do

14, 246

5,9202,8322,695

137

739444296849620229

9,227821184337149152

4061,1003, 4472, 886

955

1.478'819

86222350262

14, 044

4,7302,5812,449

132

769436333800582217

9, 31382?19433C160138

4101,1023,4342,872

954

1, 539840100234365270

23,02010,90012,120

22,80010,500

3, 8202,0202,320

12, 3002,7102, 5903, 740

DOMESTIC

' 235.1

'29 .0' 12 .3'•12. 8

' 120. 4'19 .8'72 .7

' 7 . 1

' 85. 7' 12 .3'29 .6

7.2

14, 658

5,4583,0952, 936

159

758438319918686232

9, 20O852204326163159

4061,1343,3852,833

989

1,51483096

231358250

14, 439

5,0242, 8262,682

144

74042331781859822C

9, 4J 5885207354179146

4121,1283,4342,860

956

1,581854103249374280

22,13010,49011, 640

22,60010,3803,7502,0002,300

12,2202,6902, 5703,720

14, 390

5,0222,7472,588

159

733422310919687233

9,368722154283147138

4071,2213, 6893,1211,052

1,33469777

228332280

14, 272

4,9112, 6402,490

150

775447328846614231

9,361855184348178145

4031, 1413,4432,887

955

1, 569862104250353277

21,84010, 24011,600

22,40010,1903,6701,9202,290

12,2102, 7002,5303, 730

TRADE—Continued

13, 896

4,9162,6722,526

146

730434296923707216

8,980681133266154128

3961,2073, 3742,8281,026

1, 42476195

231337264

14.150

4,7702, 5712,430

141

72441531086464421.

9. 38082317831519014C

4041,1073, 4972, 927

969

1, 576854101256364291

22,14010,16011,980

22,45010, 290

3, 7401,9202,320

12,1702, 6702,4903,740

' 237.9

' 29.412.4

'12 .9

' 121.5'19 .5'74.0' 7 . 2

' 87 0' 12 7r 29 9' 7.2

14,139

4, 8422, 5362, 399

136

740433307936706230

9, 296847164323188172

3921,1563,4752, 920

975

1, 543852103235353276

14.214

4, 7982 5642, 434

131

728426302867645222

9. 417820177311183149

4101.1063, 5702, 992

950

1, 566849100257359283

22, 5009, 890

12, 610

22,43010,2303,6601,9302,340

12,1902,7402, 3703.820

14, 665

4,8532,4912 344

147

812488325947704243

9 812911192350204165

4G61,139G, 6613,1001,017

1. 686923107255401283

14 071

4, 6892 4852 348

137

752444308875648227

9 38281217330S175155

4071,0853,5222, 966

982

1, 565867

98247353266

22,6309 570

13,060

22,0009, 9703, 3601,9302, 340

12,0202,6902,2903,770

14, 531

4,7862,4782, 338

141

836503333898652246

9 744920211361195152

3981, 0673, 4522,893

994

1,8211,025

140265391287

14 361

4 9482 6852,547

138

744448296905674231

9 412823173330166154

4111,0703,4942,944

985

1 570870101258341266

23 2709 840

13,430

22,08010, 0303 3901 9302,340

12,0502,7002,3003,810

' 241. 0

'30 .4' 13.4'12 .9

' 122. 520.0

' 74 4' 7.4

' 88 1' 13 0r 30 2

7 3

17,872

5,6142,8242 636

187

1,025600425916597319

12 2581,448

354566313215

5301,1133,9203,3041,008

2,8501, 555

173549574458

15 123

5 3203 0542 904

150

766475290900668241

9 803912188374177173

4131,0703, 6573,103

974

1,669904107285374284

20,6709 240

11,430

22,09010, 0603 4301 9002,410

12,0302,5702,3103,920

13, 279

4,4822.6452 532

113

698410288663493170

8 797693149284136125

4201,0133,3982,868

949

1,24467683

186299248

14 864

5 1432 8442 700

143

805488317879647232

9 722889184356180169

4251,0923. 5603; 0071,023

1 654902106269377290

20 9709 700

11,270

22, 21010,1603 6501 8502,330

12,0502,6502. 3803,830

12, 762

4, 5032,7072, 591

116

682405277639480160

8,260602130247l°0

394950

3,2532,742

873

1,17161185

190284240

14 765

5 2092 9902' 841

149

81049631483662391'-$

9 556870188338183161

4121,0853,5773,010

998

1 584849104254377277

22,01010 27011, 740

22, 36010,330

3 7701 8902, 310

12, 0302,7102,3503,820

' 245. 8

' 34 4r 16 4

13.9

' 122.4'19 .8' 74 0

' 7. 5

' 89 0' 13 1'30 .6

7.4

14, 704

5, 4303,3053 170

135

761456305795599196

9 274796155328167146

4091,0263,5272,983

944

1, 464796107219342256

15 060

5 4583 1693 020

149

836496340863645219

9 602867183334193157

4181,0833, 6023, 0531,007

1,615861112258384977

23 52010 95012, 570

22, 59010, 4503 9001 8902,290

12,1402,7702,3103,870

15,622

5,7043,4313,271

159

757466292900672228

9 917986194384199209

4161,0803, 6893,127

988

1, 65089794

278381266

r 15 251

' 5 522r 3 202

3 044' 158

837504334890661229

' 9 729889194342183169

4271,141

' 3, 5252,9801,023

1 677912104268393273

23 57011 28012, 290

' 22, 760' 10, 540

T 3 %()l' 9102,290

12, 2202, 8002,3803,830

15, 468

5. 8453, 4093, 252

157

809510299998752246

9, 623878184352166177

4191,1363,5142, 9501, 046

1,58486699

243376268

15 339

5 4793 0792 928

151

826498329955719236

9 860905197350188170

4281,1263, 63fi3, 0691,02ft

1 676889111271404299

23 41011 24012,170

23,04010, 7704 1401 9202,310

12, 2702, 7402,4203, 880

1 15, 588

1 3, 429

1839

1 860

1 4171 1,1421 3, 6471 3, 0921 1, 055

1 1, 5771 849

' Revised. x Advance estimate. JRevised series.NATIONAL INCOME SUPPLEMENT or the 1955 edition of Bui

Effective with this issue of the SURVEY, data have been revised backINESS STATISTICS (now in press).

to 1952 (see p . 26); for data prior to 1952, see the 1954

S-10 SURVEY OF CURRENT BUSINESS July 1055


1954


berDecem-

ber

1955

Janu-ary

Febru-ary

March April M a y June

DOMESTIC TRADE—Continued

RETAIL TRADE—Continued

AH retail stores—ContinuedFirms with 11 or more stores:

Estimated sales (unadjusted), total., mil.ADDarel grouD

M"cn's and boys' wear storesWomen's apparel accessory storesShoe stores

Drusr and Droorietarv storesEating and drinking placesFurniture homefurnishings stores

General-merchandise groupDepartment storesDry-goods, other general-merchandise

mil.Variety stores

Grocerv stores

ofdoL.do. . . .dododo - .dododo

dodostores

ofdoL.dodo . .

Lumber, building-materials dealers doTire battery accessory stores do

Estimated sales (adjusted), total .Apparel group _ _ _

TV/Ten's ind bovs' wear storesWomen's apparel accessory storesShoe stores

Drug and proprietary storesFatin? °nd drinking DlaeesFurniture homefurnishings stores

General-merchandise groupDepartment storesDry-goods, other general-merchandise

mil.Variety stores

Grocerv storesLumber building-materials dealersTire battery accessory stores

do.. ..do . . .dodododododo

dodo .stores

ofdoL,-do . . .dododo

Department stores:Accounts receivable, end of month:

Charge accounts _ 1947-49=100_-Installment accounts do

Ratio of collections to accounts receivable:Charge accounts_ __ percentInstallment accounts 9 — .-do

Sales by type of payment:Cash sales percent of total salpsCharge account salesInstallment sal^s

dodo

Sales unadjusted, total XT. S.J 1947-49=100..AtlantaBoston .ChicagoClevelandDallasKansas CityM* inneapolisNew York _̂ _ _ _PhiladelphiaRichmond .-St LouisSan Francisco

Sales adjusted total XT. S.JAtlanta . __ .BostonChicagoCleveland . .DallasKansas CitvMinneapolis - .New YorkPhiladelphiaRichmond _ _St LouisSan Francisco _

Stocks, total XT. S., end of month:}:UnadjustedAdjusted

Mail-order and store sales:Total sales, 2 companies ___thous.

Montgomery Ward & CoSears, Roebuck & Co..

WHOLESALE TRADESales, estimated (unadj.), total mil.

Durablfe-goods establishmentsNondurable-goods establishments

Inventories, estimated (unadj.), totalDurable-goods establishmentsNondurable-goods establishments _ __

do. .do . . . .

do. . d o -

do. . d o -

do. . d o -

do. .do-.- .

dodo .

do. . d o -

do. do

dodo

. .do . . . .dodo

. .do—.

. . d o —

._do.._.

ofdoL.do

. .do—.

ofdol-do

.-do. . . .

. . d o -do

- d o - - .

i 2, 603105146657615532

697347

96174

1,1146449

1 2, 595160146353635428

702322

99187

1,1206248

130233

4614

474310

106'121

102'107

98' 121' 111'105' 9 6104114106

'108

108' 123

102' 107

98'125' 111'105' 9 8105115106114

126121

335, 72678,109

257, 617

8,5262,7815,745

11, 5536, 0405, 513

1 2, 605171166561615728

729354

104182

1, 0697059

12,619167166654635528

740338

106199

1,0986252

130232

4714

464410

1061141061081001121109699

104113110105

112129106110107127117103102109120122114

117122

352, 65581,318

271,337

9,4653,0606,405

11,4885,8815,607

i 2, 643139115852635828

655314

94175

1, 2067058

i 2, 652164156754645531

730336

107190

1,1286354

117226

4514

474211

88106778682

111998473789389

100

111132107106105132121105101109117112115

116124

313, 70469, 881

243, 822

9,5152,8726,643

11, 5035,7205, 783

i 2, 470131105547605829

692321

104178

1,0297252

i 2, 655166166555635529

748345

109200

1,1196349

117228

4513

464311

98115839894

115107998085

102100111

112131104108108127116105105107120110115

120124

327, 83777, 591

250, 247

9,4612, 9846,477

11,6275,7125,915

i 2, 598170136263605728

732355

98184

1,0777549

1 2,654168166357645529

745351

102199

1,1206451

127231

4613

454411

113123115113105121116111106111122111112

108121109106101114110101102107115104110

129125

345, 57081, 298

264, 272

9,6323,0896,543

11,7525, 6426,110

i 2, 802183176861645733

797380

120199

1,1837151

* 2, 607168156459635430

722334

105193

1,1086152

135238

4714

444412

118141110114111135

' 124' 122

110113130123116

1131381.10111106129118106105105124112116

138124

370, 63488, 435

282,199

9,4693, 0956,374

11,9445, 6416, 303

i 2, 743186207154615432

848385

125210

1,0816849

i 2,660177176759635727

745345

107200

1,1166750

150249

4813

454411

137154133133134147133120132146153137134

11413511011010913011610^10511]124115114

13912'

384, 42893, 531

290,898

9, 6273,0236,604

11,9165,6116,305

i 3, 71829632

119869258

1,360570

203425

1,2885874

i 2, 798188187362665727

820385

120216

1,1547052

200277

4614

474310

200234200188192225205180184197231193209

117136111115IK134123113105113133118118

110124

523,056131,875391,181

9,5963,0076,589

11, 5625, 4606,102

i 2, 316126124841605323

565267

80140

1, 0835042

i 2, 754181

156962635631

812393

114206

1,1276655

163276

4414

454312

91106908887

107948C8485919397

118137l l^11411313512f111ioe112124120124

111123

266, 31253. 456

212, 856

8,6862,7195,967

11, 7385,6516,087

i 2, 255113104437575024

536240

73144

1,0715442

i 2, 717169156656635730

758357

107197

1,1647055

140268

4314

454312

88108828484

10189818183909093

112131109109109125113105100109119113115

117121

242,84752, 271

190, 576

8,4542,7985,656

11,7685,8465.922

i 2, 632174146756605632

687327

93170

1,1666149

i 2, 778178156861635730

802380

115205

1,1687055

132266

4815

444412

100129909894

12C1048891

10111110]97

113133105111104131116104103111128116116

128123

319, 24976,420

242, 829

9,6983,2716,427

11,6225, 9395,683

i 2, 906212178179645626

807389

116215

1,2536857

1 2, 774175157060665728

795379

112205

1,1706958

137267

4415

454411

11414110811411313612310897

109125117112

119142107120113140129108101115129122122

130123

376,04988 607

287, 442

' 9,1423,219

'5 ,923

'11,574' 6 002' 5, 572

i 2, 721178157262625831

760377

105186

1,1357556

i 2, 82n181167161645728

800369

117211

1,1937355

139267

4515

454411

P 115P 134P 111P 116P 110P 133P 119P 10S

P 9 9P 113P 129P 121P 116

P 117P137P 111P 116P 110

I P 137P 119P 108P 101P 114P 130P 121P 122

P 128P124

370, 49184, 767

285,725

9, 3403,2706,070

11, 5326 0585,474

P 1 0 9

P 1 1 6

' Revised. v Preliminary. l Excludes comparatively small sales amounts for certain linos of trade also excluded from this series prior to April 1954.9 Revised beginning 1953; not strictly comparable with earlier data. JData for 1946-53 have been revised to reflect changes in seasonal factors and other minor changes. Unpublished

revisions (prior to July 1952) will be shown later.

July 19.-.5 SURVEY OF CURRENT BUSINESS S-ll

Unless otherwise stated, statist ics through 1952 anddescriptive notes are shown in the 1953 StatisticalSupplement to the Survey

1954


berDecem-

ber

1955

Janu-ary


EMPLOYMENT AND POPULATION

POPULATION

Population, continental United States:Total, incl. Armed Forces overseas© thousands.

EMPLOYMENT

Noninstitutional population, estimated number 14years of age and over, total thousands.

Total labor force, including Armed Forces do_._

Civilian labor force, total do_.Employed do..

Agricultural employment do_.Nonagricultural employment do_.

Unemployed do..

Not in labor force do_.

Employees in nonagricultural establishments:9Total, unadjusted (U. S. Dept. of Labor) do_._

Manufacturing do__.Durable-goods industries doNondurable-goods industries do. _ _

Mining, total do.Metal do.Anthracite do.Biturninous coal do.Crude-petroleum and natural-gas production

thousands..Nonmetallic mining and quarrying do.

Contract construction doTransportation and public utilities do.

Interstate railroads do.Local railways and bus lines doTelephone do.Telegraph do.Gas and electric utilities do.

Wholesale and retail trade do.Wholesale trade do.Retail trade do

General-merchandise stores doFood and liquor stores doAutomotive and accessories dealers do

Finance, insurance, and real estate doService and miscellaneous do

Hotels and lodging places doLaundries do.Cleaning and dyeing plants do.

Government do_

Total, adjusted 9 doManufacturing do

Durable-goods in dustr ies doNondurable-goods industries do

Mining doContract construction doTransportation and public utilities. doWholesale and retail trade doFinance, insurance, and real estate doService and miscellaneous doGovernment do.--..

Production workers in manufacturing industries: QTotal (U. S. Dept. of Labor) thousands.

Durable-goods industries do . . .Ordnance and accessories doLumber and wood products (except furniture)

thousands..Sawmills and planing mills do

Furniture and fixtures do. . ."Stone, clay, and glass products do

Glass and glassware, pressed or blown...doPrimary metal industries do

Blast furnaces, steel works, and rolling millsthousands. .

Primary smelting and refining of nonferrousmetals thousands..

Fabricated metal prod, (except ordnance, ma-chinery, transportation equipment)

thousands..Heating apparatus (except electrical) and

plumbers' supplies thousands..Machinery (except electrical) doElectrical m achinery doTransportation equipment do

Automobiles ~ " _ ~ d o " "Aircraft and parts _ _do.Ship and boat building and repairs.~~~.~do".~Railroad equipment do

Instruments and related products doMiscellaneous mfg. industries. do

' Revised. v Preliminary.

161,96€

116,08;

67, 781

64, 42,61, IT

6,8254, 29'3,30!

48, 29;

47, 93'15,789,09,6,68C

761IOC3'

22:

298106

2,5423.9931,21

12S69S

4553

10, 3512,7507,6011,331l ,44r

7632,1035,672

497334166

6, 73C

48,18315, 9859,1156,870

7692,5423,996

10. 4702,1035,6166, 702

12, 3947,163

112

65435527942'78

974

483

832

162,184

116,153

68, 788

65, 44562, 0987,628

54, 4703,347

47, 365

48, 20Ci15, 83£9,0666,769

77110036

222

305107

2,6294,0171,22!

12769941560

10, 3892,7617, 62*1.3161,449

7652,1285,715522337167

6,716

48,17015, 9429,0706,872

76'2.5284,001

10, 4552,1075.6316,739

12,4377,130

107

67436627742778

982

52

831

931,170

7761,346

63054811743

224370

961,154

7611,328

62454311341

219371

162, 401

68, 824

65, 49462,1487,486

54, 6613,347

47, 393

47,86615. 5848,816,773

7601013

21C

308108

2,6864,0291,22812770541565

10.3512,78'7,5671,2811.442

7642.1505, 755580338162

6,551

48, 04815. 7338,9126,821

7682,5344, 000

10, 4802,1185, 6706, 74!:

12,1796,876

104

58331827542474

969

485

809

941,111751

1,279590!537'11133!

214j358'

162, 66

116,32

68,85

65. 5262,276,92

55, 343,24

47, 473

48,12315, 8228,8207,002

763993,

215

306108

2,7354,0181,220

126703

41565

10, 3212,7847,5371,2801,434

7602,1515,750

579332156

6,563

48, 02915, 6888,8566,832

7552, 5323,989

10. 4752,1195, 6656,806

12,4186,890

101

59232529043476

967

484

52

820

1001, 095

7661,238

56252810336

214373

162, 945

116,432

68,566

65,24462,145

7, 52754, 6183,100

47,865

48, 49015, 9728,8877,085

7449034

213

300107

2,6984,0231,212

125696

41561

10. 4472,7897, 6581,3491,444

7532,1415.719

512329157

6,746

48, 02015, 7398,8816,858

7402,5214,007

10, 4472,1415.6346,791

12, 5776. 965

102

67237129843776

965

485

50

821

1021, 097

7851,183

50453110336

218386

163,210

116,547

68,19C

64,88262,1417,239

54.9022,741

48,357

48, 5S016,0079.0027,005

74;94;

21

292106

2, 6524,0051,203124

41556

10, 5482,8197,7291,3981,460749

2,1365, 660474330160

6,829

48,12915, 8358,9756,860

7432, 5023,99510, 4432,1475,6606,804

12,6127,081

100

69237430143876

481

829

1031,093800

1,24915801522110435218393

163, 465

116, 644

67,909

64, 62-61, 7326,15455, 5772, 893

48, 735

48, 80816,0579 1216,936

749944-212

294106

2. 5983,9861,18612369'41555

10, 7412,8497,8961,5181,4754

2,13-5, 622466328158

6,917

48, 38615, 9729,0826,890

7452,5223,97610, 4962,14f5, 6506,

12. 6577,198

30143876988

487

53

844

1031,092811

1,3346651524101362181390!

163, 69

116, 76

66,81

63, 5260, 68

5,3255, 362,838

49,95

49,4616, 0509,1446,906

7479343

212

296104

2,4263,9961,187

12J69442

555

11, 3542,8608,4941.9031,494

7672,1365,588

463327155

7,166

48, 38015, 9929,1056,887

7432,4763,986

10, 5752,1475,6446,817

12.6457,218

97

66136029743775

1,002

AQ'i

53

843

1001,106

8091,375

70252510437

218373

163, 930

116,855

66, 700

63, 49760,150

5, 29754, 8533,347

50,156

47, 74115,925

9,1136,812

7419443

211

294100

2,2373,9271,153

122693

41553

10, 4192,8177, 6021,3271,462

7492,1245, 533

456326153

6, 835

48, 39815, 9939,1246,869

7412,4583,974

10. 5742,1455,6466,867

12, 5237,182

96

63135029343074

1,013

4.QS

53

834

971,109

8001,400

73052310438

217360

164,158

116,901

66, 550

63. 32159, 9385,084

54, 8543,383

50, 352

47, 75216.06C9,22C6,84i

4C21

292101

2,16'3,93'1,152

121696

41553

10, 3092,8067, 5031,2691,467

7492,1325, 536

462324150

6,873

48, 44016,0919,2116,880

7412,4103,984

10, 5412,1545, 6496,876

12,6497,282

6393532964347,r

1,032

508

844

1001,125803

1,42675052310641

216371

164, 36:

117,051

66, 840

63, 65460,45, 692

54. 78f

3, m50, 212

48,21216,2019,3236, 878

7399538

208

••296102

2, 25f3, 96(

' 1,157' 121

70C41

554

10, 4082,8137,5951, 30,f

1,471755

2,1505, 571' 4 6 3

325154

6,922

48, 76616, 2299,3006,929

7392,4783, 98610, 6332,1615, 656

12, 7787,375

94

634r355298442'76

1,057

'520

53

860

'1031,144803

1,447'773520

'10840219377

164, 595

117,130

67, 784

64, 64'61,6856, 21 f55,4702, 962

49, 346

164,799

117,236

68, 256

65,19262, 7036, 963

55, 7402,489

48, 979

' 48, 643 r 4gt 922' 16,255| r 16,333' 9, 418| ' 9? 500' 6, 837 r 6 833

739

IT'205

296105

'2,399|'3,939|1,159!12066642

55'

' 10,549' 2, 80'' 7, 74!'1,372' 1, 478

'7632,1615,67448032815'

6,927

' 48, 881' 16,380' 9, 405' 6, 97!

743' 2, 499' 3, 946' 10, 6002,1615,6746,878

' 741r 97

• 12, 816' 7, 457

91

'65136029745077

' 1,076

535

104!

^ 804' 1, 4621

7911519J.10741218376

'208

' 106' 2, 529' 3, 997

r 10, 534'2,801' 7, 733' 1,350' 1, 487'767

' 2,171' 5, 736

6,881

' 49, 214' 16, 540' 9, 520- 7, 020

'748' 2, 529' 4, 000

' 10,655' 2,171' 5, 6796,892

r 12, 891' 7, 53f

'91

165,023

117,318

69, 692

66, 69664,0167, 681

56, 3352,679

47, 626

p 49, 336P 16, 481P 9, 568p 6, 913

P757» 100

P 210

P 110P 2. 610P 4, 078

10, 598p 2, 817p 7, 781P 1, 356p 1,492P775

P 2, 202P 5, 778

'297'45'

r 1,097

' 877

r 1,173'809

r 1, 462

'211'378

p 6, 832

P 49. 330p 16, 588p 9, 570P 7 , 0 1 8

P 7 5 3

P 2, 510p 4, 061p 10, 666p 2,180p 5, 693p 6, 879

13, 016v 7, 595

9

p 299

1,117

P877

P 1, 175*>809

P 1, 458

v 219p 379

S-12 SUEVEY OF CURRENT BUSINESS Julv 1055

Unless o therwise s ta ted , s tat ist ics through 1952 anddescriptive notes are s h o w n in the 1953 StatisticalSupplement to the Survey

1954


berDecem-

ber

1955

Janu-ary


EMPLOYMENT AND POPULATION—Continued

EMPLOYMENT—ContinuedProduction workers in m fg. industries 9 —Continued

Total (U. S. Dept. cf Labor)—ContinuedNondurable-goods industries thousands. -

Food and kindred products doMeat products doDairy products doCanning and preserving doBakery products doBeverages do

Tobacco manufactures doTextile-mill products do

Broad-woven fabric mills...., _ _ doKnitting mills... ... do

Apparel and other finished textile productsthousands..-

Men's and boys'suits and coats doMen's and boys' furnishings and work clothing

thousands--Women's outerwear do

Paper and allied products. _ doPulp, paper, and paperboard mills do

Printing, publishing, and allied industriesthousands--

Newspapers doCommercial printing. do

Chemicals and allied products doIndustrial organic chemicals do._..

Products of petroleum and coal doPetroleum refining. do

Rubber products doTires and inner tubes do

Leather and leather products doFootwear (except rubber) do

Production workers in manufacturing industries, ad-justed: 9 ,

Total thousands.."Durable-goods industries doNondurable-goods industries do

Production workers in manufacturing industries: 9Indexes of employment:

Unadjusted 1947-49=100..Adjusted do

Miscellaneous employment data:Federal civilian employees (executive branch) :cT

United States, continental thousands-.Washington, D. C, metropolitan area do

Railway employees (class I steam railways):Total thousands...Indexes: f

Unadjusted 1947-49 = 100..Ad justed . do —

PAYROLLSManufacturing production-worker payroll index, unad-

justed (U. S. Dept. of Labor) 9 1947-49 = 100..

LABOR CONDITIONS I

Average weekly hours per worker (U. S. Dept. of jLabor): 9 |

All manufacturing industries hours._jDurable-goods industries do j

Ordnance and accessories do jLumber and wood products (except furniture) j

hours-..!Sawmills and planing mills do j

Furniture and fixtures do !Stone, clay, and glass products do

Glass and glassware, pressed or blown..doPrimary metal industries do |

Blast furnaces, steel works, and rolling mills |hours. _{

Primary smelting and refining of nonferrous imetals hours - -1

Fabricated metal prod, (except ordnance, ma- |chinery, transportation equipment).-hours__j

Heat in?" apparatus (except electrical) and jplumbers' supplies hours.. I

Machinery (except electrical) doElectrical machinery doTransportation equipment do j

Automobiles do iAircraft and parts do jShin and boat building and repairs do jRailroad equipment do S

Instruments and related products do jMiscellaneous mfg. industries d o i

5,23111,0371

239!83!

149172!

12282

961440192!

1 0 2 !

2 6 5 ^2 8 7 |4 3 5 j2 2 1 !

1461167 i529i2011179|138!194 i

81!. " - 5 1 0 :2 1 1

5, 3071,086

24787

172!174127

82i9731445 i197!

990'105

2671284!439!223|

514|1471168521201181140196

82!324 i217!

12, 590 12, 546!7,182! 7,13615,408' 5,410!

100. 2!101.8!

205. 7

100.51101.4

2,137.6!207.7!

5,3031,152!

246187!

2351176;1331

83 i946!430192|

I984J103 j

252J296433!2201

50811441671517201181!1411171|

651328!218'

12,3376, 979!

5, 358

98 5!99.7!

1,135.4'207.4!

1,0911 l,104j 1,107j

82.481.2

134. (

39.339.9!40. 0!

39.940.5 '38. 8 i40.4!39.0!38. 41

37.0]

40. Oj

40. 7J

39. 4 i40. CI39. 5140. 6 i40. 9 j40 . :39.1138.5139. 6139.4!

83.3!81. 5|

135.8

39.540. 0!40. 11

j40.9!41.2!39.6!40.5!38.8!38. 8 j

38.0!

40. 3 j

40. 7'

40.140. 5j39. 6139. 9!39.3!40.8!39.1138.6!39.8!39.6:

83.6!81.8!

131.

5,5281, 238!

251 i85j

320j174127102!974440!202;

1,054!

273 j317!439|222|

5091144 j167!520;201 j179!139:175^

66:338224'

12, 2976, 9285, 369

100. 499.4!

2, 130.9:206.4!

1,099:

83.0:81.5:

134.8!

39.4!39.7!40.11

40.8!41. 7j39.4!40. 3138. 4j38.31

37. 5|

39.8

40.0!

39.140.139. 3139.839.240. 7!38. 7|38.239.5139.0!

5,6121,268

257180!

3471173122!110!978!440!

204;

1, 0 5 9 11 1 1 ]

278!312!44512241

518!146:170!

529201!177!137196!

83:331217!

12,3466, 9575.389

101. 799.8

2,115.9204. 7 i

1.092:

82.5!82.3

39.7!40.1:40.1

41.5,42. 2!4o! 6!40.7!39.1!

38.4!

37.3!

40.3i

4 0 . 5 J

40.4!40. 2|39.8,40.2;40.0!40.8;39. 0i38.4!39. 5|39.9:

5, 5311,180

262!76!

244!175|119!112!979!440!2041

1.05'106

281305!444!222

520!147170!534!202!175!135202

84330!213!

12,445!7, 0545.391

102.0:100. 61

39.7J40.140.1 '

40.641.740. 8 i40.7!39.3!

38.5,

37. 41

39. 4 j

40.7!40.0 i40.3!40.1;40.0:39.8!40.8!37.9136.8,39.940.0:

5,4591,111

26475!

179|175118!103|983|440!204

5,4271,062

26472

151173114100983443200

060101

282315444222

51814716953320517313420281

332216

1,073108

277332442223

51914817253420617213320785

335222

1,069108

276335437221

512146170534207169132209

85336225

12, 572! 12, 5807,1591 7,1775,4131 5,403

102. 31101.6!

102.2101.7

1,121.3! 2,138.71205.5! 206.0!

1 2, 431.11 209. 8

1,083! 1,064! 1,059

81.8!83.5:

80.4!82.2;

79.881.5

138.0! 139.1! 142.2

39.9[40. 4|40.5:

41. 5 :

41.9!41.2141. T39.7;38.9!

37. 7;

40.0;

40.9JI

40. 7140.2!40.4)40.440.640.7!38.4!38. 2i40.1!40.5!

40.2J40.8|40.7!

4 : 1 . 1 I41.5|40. 9!41.2!39. 2J39.5!

38, 8 i

40.3j

41.2!

40. lj40.440.741.842. 9!41. 2t38.2!39.940.3140.51

40.541.140.7

40.840.941.41.39. £40.0

39.

41.

40.40.40.42.44.41.39.40.40.40.

5.3411,007

25672

135168107

977 i4441192|

12,586!7,191:5,395 ;

101.2101.8!

2,113.2!206.11

1,037!

78. i77.5!

40.2!40. 9i40.0;

40.7!40. 7]40.5!40.6!39.3:40. 41

39. 71

41.1

39.3!40.8'40.342. 1!43. 0)41. 5|39.4!40. l!40. 2!40.2!

5,367985,2501

73125169105

89985446196

1,301110

I285!343!437|222

512!145|170!535!209!170!132!209 j

87!345|228!

12. 673!

7, 269'5,404^

i

102. 3 :

102. 5!

2,116.4!207.0!

l ;033|

78.0!78.1

144. 4!

40.4!41. 140.5;

40.8!41.2;41. 3 ;

40. 6:

39. ft.40. 6:

39.8:

41.2

39.8!41.0140.4!42.4!43.8!41. l!39.5 |39. 4<40.5!40.5!

5,403991248

74•"128'169

10983

985'445' 197

1,110110

290343439222

516146171548212172

'13321287

347r 227

12, 7987,3505,448

103.3103. 5

2,122.1

207.5

1, 035

78.1

' 146. 9

r 40. 641.4

' 40.6!

' 5, 3591,01124678142170114'80

'983446195

' 1,057105

288314

'441223

'516147170

' 551214173!132211!88!

'337!222

• 12, 934' 7, 443^ 5, 491

r 103. 6r 104. 6

2,127. 4207.3

* 1,037

P78.2

' 146. 7

40.2!41.1!40.5;

40.841.141.341.239.940.9

40.2

40.5

41.4

40.241.440.542.744.341.339.639.540.540.6

40.4!40.7:40.3!41.1!39. 441.1!

40.4!

40.6!j

41.2

40.041.540.541.843.140.639.440.040.340.2

' 5, 356' 1,029

'80-971

r 1, 041

v 5, 421* 1,068

1. 044

'445;

'517;

' 551;

' 175!"

p 546

p 177

' 3 3 2

' 13, 091' 7, 554' 5, 537

' 104. 2' 105. 8

2,132.9207.7

P 8 1 . 3P80.2

' 150.2

P 3 4 4

p 13. 127p 7. 599P 5, 528

p 105. 2v 106. 1

v 151. 3

'40.8!'41.6!'40.81

p 40. 7Ml. 3p 41. 2

'40.9!

r 40. 7!~~"P~41.2'41.8! M l . 6

'42.1J M2.0r40. 8! M0. 5r 42.71 Ml. 0

' 40. 6'40.5!

Mi.3P 40. <i



1954

May June July August October Novem- Decen ,

1955

Janu-ary



LABOR CONDITIONS—Continued

Average weekly hours per worker, etc.—ContinuedAll manufacturing industries, etc.—Continued

Nondurable-goods industries 9 hours..Food and kindred products do

Meat products doDairy products doCanning and preserving doBakery products . . .doBeverages do


Broad-woven fabric mills doKnitting mills do

Apparel and other finished textile productshours. _

Men's and boys' suits and coats do iMen's and boys' furnishings and work clothing

hours. _Women's outerwear do

Paper and allied products doPulp, paper, and paperboard mills do

Printing, publishing, and allied industrieshours__

Newspapers doCommercial printing do

Chemicals and allied products doIndustrial organic chemicals do

Products of petroleum and coal doPetroleum refining do



Nonmanufacturing industries: 9Mining:

Metal doAnthracite doBituminous coal doCrude-petroleum and natural-gas production:

Petroleum and natural-gas production .hours._Nonmetallic mining and quarrying do

Contract construction doNonbuilding construction doBuilding construction do

Transportation and public utilities: |Local railways and bus lines! do..__jTelephone do jTelegraph ..doGas and electric utilities do j

Wholesale and retail trade: jWholesale trade do jRetail trade (except eating and drinking places) j

hours.-lGeneral-merchandise stores doFood and liquor stores doAutomotive and accessories dealers do

Service and miscellaneous:Hotels, year-round do. . _.Laundries doCleaning and dyeing plants do

Industrial disputes (strikes and lock-outs):Beginning in month:

Work stoppages nu tnber. _Workers involved thousands. -

In effect during month:Work stoppages number..Workers involved thousands..

Man-days idle during month doPercent of available working time

U. S. Employment Service placement activities:Nonagricultural placements thousands..

Unemployment compensation, State laws (Bureau of jEmployment Security): !

Initial claimst thousands... |Insured unemployment, weekly average* do jBenefit payments: I

Beneficiaries, weekly average do iAmount of payments thous. of dol.-!

Veterans' unemployment allowances:d" |Initial claims thousands.-Insured unemployment, weekly average doBeneficiaries, weekly average - do IAmount of payments thous. of doL.I

Labor turnover in manufacturing establishments: jAccession rate monthly rate per 100 employees..}Separation rate, total do I

Discharge ._ do. ..!Lay-off do . . . . IQuit do IMilitary and miscellaneous do i

39.925.430.9

41.344.537.540.636.7

43.338.542.1141.0!

40.4

38.934.738.044.3

41.840.340.1

384208

559!244)

2,010!.24}

439!

1,227!2,070;

!1,850!

185,601'

2977,94|

8, 9751

2.7!3.3!

|

38.941.441.044.638.641.441.138.337.837. 636.9

35.o|34.0J

35.433.742.443.6

38.336.139.041.241.041.441.040.240.236.735.9

40.636. 333.2

40.144.938.141.837.1

43.738.741. 7j41.2

40.4

39.335.338.844.4

41.940.541.0

358196

577281

2,390!.26!

470!

1, 272!

1,924

39.41.41.44.39.41.41.37.37.37.36.

35.235.

35.534.142.443.8

38.335.839.540.940.541. lj40.8139.438.537. 537.2

40.329.2!30.4

40. 645.2138. l!42.3!36.9

I42.939.241.741.5

40.4

39.836.239.644.4

41.740.038.8

370238

580376|

3,800.44|

439!

1,33511, 862 i

39.2!41.240.943.240.640.840.638.538.538.437.6

36.235.0

36.935.242.643.6

38.535. 639.440.940. 541.040.739.137.437.436.9

40.33. 0i33.1

41.4145. 138.041.937.0

43.038.9!41.8141. 31

I40.4

39.736.039.344.3

41.839.438.2

328143

525300

3, 740'.41'

4781

1,1571,692

1,818 1,59', . , .__190,959! 167,9801 162,653

1, 523

|1.0!

.2!

3817997|

9, 755 i

3.53. 1

.21.7!

34;82!97|

9,8941

2.913.141.11.21

39.341.541.243.640.841.040.639.438.638.737.5

35.935.4

36.734.142.643.6

38.636.039.441.240.941.240.639.3'38.336.235.1

40.223.632.6

40.844.736.839.936.0

42.740.041.941.7

40.4

39.135.238.744.2

41.940.139.7

315126

526304

2,410.27

520

1, 1231,580!

1.414!153,737!

36i85J

100!10, 2381

3.3}3. 5|

|7592

9,444,

3.4!3.9

1.71.8,

.3 !

39.240.41.543.538.540.740.440.139.239.538.3

35.732.9

36.33.642.743.7

38.436.039.441.240.640.640.440.439.335.734.3

40.134.135.3

40.244.937.440.4!36.6

42.839.842.142.0

40.5

38.934.938.044.2

41.740.540.1

285164

2591,820

.21

1,1001, 4661

1, 299j135, 299|

28!65j75j

7, 377 ji

3. 6|

|.21

39. 541.242.842.436.740.639.936.939.840.338.5

36.133.8

36.534.942.843.8

38.536.039.541.340.940.940.841.140.437.035.9

40.633.735. 6|

40.244.436.740. 3135.8

42.539.741.541.4

40.4

38.734.638.144.2

42.040.039.3

220'71!

387!129!

.15!

426!

1,463

1,2231132,089

3468|73

7, 520!i

3.33.0

.21.61.0.1

39.841.442.842.838.240.939.538.440.240.638.3

36.336.0

36.35.742.743.8

39.036.840.241.441.040.640.641.841. 637.837.2

41.735.137.1

40.343.436.438.436.0

43.39.341.441.4

40.8

39.537.138.444.4

41.840.239. f

15329

29378

486.05

393

1, 4501, 666

1, 365153,050

9,381

2.53.0

.21..9.2

39.340.41.743.337.740.439.437.739.639.937.4

36.035.5

36.035.642.343.7

38. 235.239.641.140.740.840.941.341.137.937.5

42.831.937.1

41.742.435. 436.835.1

42.538.941.340.9

40.'

38.935. 338.044.0

42.140.039.0

22550

32580

400.05

397

1 1,5191,962

1 1, 6701170,882

4492

10510,198

3.3!2.9;

.21.5

39.540.540.043.338.240.539.737.040.040.138.2

36.736.6

37.135.942.543.8

38.435.539.841.240.40.240.241.340.738.838.5

42.036.337.8

39.941.635.337.934.

42.939.041.340.9

40.3

38.935.137.944.2

41.839.838.0

373

1,0381,880

1,694165,469

3595

11110, 224

3.22.5

.21. 11.0,.2

39.7••40.5

40.5'43. 2'38.0MO. 4M0. 2'37. 6'40.0M0.1'38.4

' 37.1' 37. 2

' 3 7 . 1' 3 6 . 3M2. 8' 44.0

38.8'35 .8!

40.2!41.4*41.0!

' 40. 7!M0.4:MI.O!' 40. 3!'38 .5!

' 41. 61' 31 .9 |'36.9;

M0. 11' 43. 61

36. 6' 39. 61'35 .9 :

'42.8i' 39. Oi

41.5!40. 81

' 40. 3'

38. 8 i' 35. 2i' 37. 6' 44. 21

' 40. 2i39. 2j

300!165|

450!220!

1, 600!.17j

453:

38.636.139.841.240.940.840 541. 8;42.236. 6136.0!

'38 .8

' 41. 3

'41.4

Ml . 8

^38.8

M l . 4

M l . 3

M2.8

41.3!..28.71.37.3 ..

40. 2j.44.2!..35. 9 i.38. ll_35. 4

43. 639.4!42.0J40.9!

40.4

38.634.737.744.3

41.840.440.1

325210

500310!

2, 600 j.30

1,00511,657!

1,600!178,762!

j33:88!

107:11,337;

3.6!3.01

L3;1.3

1,0091,471

'1,3451135,779!

8,423!

' 3. 51

r 3. 1.3

' 1.2!' l.o!

.2

'36.7

3 7 5 . .

2,

' 1,

1117

6

p

P

V

V

170

575310600.29

54?

910263

136402

25^55!.. . .66

739 . .

3.83.2' .31 ?,1 5

r Revised. v P re l iminary . 1 Beginning 1955 includes data relative to U C F E (January 1955 initial claims, 29,000; beneficiaries, 2,700; benefits paid, $307 000).t Revised to include only pr ivately operated lines; d a t a shown in the March 1954 S U R V E Y and earlier issues cover both pr ivate ly operated and government-operated linesT Kevised series. Beginning with the Februa ry 1954 S U R V E Y , da ta have been revised to « ™ i " ^ <-™~r,,-f;ôi î,^-™^ ..^.1 *-u,^~e— i_,...i _ -^..^ <• . __.*New series^ Compiled by the U. S. Department of Labor, Bureau of Employment Set

inning with the Februa ry 1954 S U R V E Y , da ta have been revised to exclude transit ional claims and", therefo"re,"more closely^represent instances of "new u n e m p l o y m e n t .'.curity. D a t a for insured unemploymen t for cont inental U. S. (excluding Alaska) h a v e been subs t i -



1954


berDecem-

ber

1955

Janu-ary

Febru-ary March I April May June


WAGES

Average weekly gross earnings (U. S. Department ofLabor): 9

All manufacturing industries.. dollars..Durable goods-industries do

Ordnance and accessories doLumber and wood products (except furniture)

dollars..Sawmills and planing mills do

Furniture and fixtures doStone, clay, and glass products do

Glass and glassware, pressed or blown...doPrimary metal industries do

Blast furnaces, steel works, and rolling millsdollars. .

Primary smelting and refining of nonferrousmetals dollars

Fabricated metal prod, (except ordnance, ma-chinery, and trans, equip.) dollar?--

Heatmg apparatus (except electrical) andplumbers' supplies dollars..

Machinery (except electrical) doElectrical machinery _ do..

Transportation equipment - do . . .Automobiles doAircraft and parts doShip and boat building and repairs doRailroad equipment do

Instruments and related products doMiscellaneous mfg industries do

Nondurable-goods industries do . .Food and kindred products do . . .

Meat products doDairy products doCanning and preserving doBakerv products doBeverages do


Broad-woven fabric mills doKnitting mills . _ do.. .

Apparel and other finished textile productsdollars. .

Men's and boys' suits and coats doMen's and boys' furnishings and work clothing

dollars..Women's outer wear . _ _. _ _ do _ -

Paper and allied products doPulp, paper, and paperboard mills . do .

Printing, publishing, and allied industriesdollars..

Newspapers _. do ,Commercial printing _ - do


Products of petroleum and coal . do .Petroleum refining do

Rubber products . . . . do . .Tires and inner tubes do


Nonmanufacturing industries:Mining:

Metal _ do\nthracite doBituminous coal. doCrude-petroleum and natural-gas production:

Petroleum and natural-gas productiondollars

Nonmetallic mining and quarrying doContract construction do

Nonbuilding construction doBuilding construction do

Transportation and public utilities:Local railways and bus lines! doTelephone doTelegraph doGas and electric utilities do

Wholesale and retail trade:Wholesale trade doRetail trade (except eating and drinking

places) dollarsGeneral-merchandise stores doFood and liquor stores doAutomotive and accessories dealers do

Finance, insurance, and real estate:BanRs and trust companies do

Service and miscellaneous:Hotels, vear-round . . . do.. .Laundries doCleaning and dvein2 plants do

71.1376 2178 80

66. 6367. 2360 5371.1069.8179.49

81.22

78 40

76.92

73 2881.6171.50

85. 6788.3483 8480.9480 8572.0763.43

63.9168. 5474.7469.0154. 8667. 6578.18

49 9851.1048.9747. 65

46.0752 97

39.6749.7672.8378.19

86.7193.8684. 4677.7182.62

93. 5297. 1777.8188. 6549. 2145. 89

81.4062. 7476.32

94 5877.8894 5094.1994 69

77.9467.3875. 7881. 59

73.93

56.4140. 2559. 6675. 75

57.19

40.1340. 3047.32

71.5076 4079.40

08.3008.8062. 1770.8869. 4580.70

83.22

79.39

76.92

74.5981.0072.07

84. 5985. 2884. 8680.5581.4572. 8363.36

64.5769. 1475. 8571. 3653. 2768.3180.56

51. 7151.4149.6348.34

46. 5555.08

40. 0048. 5374.2079.79

87. 3293. 5085.0279. 1084. 05

93. 9897.1779. 6092. 0651. 0147. 75

83. 6496. 2083.00

90 6378.5895 6396. 5095. 72

79.1067. 3477.1582.40

73. 93

57. 3841. 3060.9276.37

57.09

39.8140.5049.20

70.9275 8379 80

62.8364.6461 8671.3369. 5080.81

84.00

79 60

75. 60

72 3480.6071. 53

84. 3885. 0684. 6680. 1180. 6072.6862.40

64. 7469. 3177.9871.8154. 7768.6482.17

51. 5451.4149.5247. 58

47.1756.80

39.7650. 8174.6281.47

86. 9492.0185. 7279. 3584.24

94. 5397. 5176. 4487. 0151.3848.73

83.4273. 5875.39

92 5780,4696 0197. 7195.20

78.5168. 6C77. 1583.83

74. 34

58. 5142.3562. 5776. 37

57.66

40.0340.0045.78

71.0676. 5980.20

65. 5767.1063.7472.0470.7780.64

82.43

79.79

76.95

75.1480.8072.04

85. 6388.0085.2781.1281.7972.2963. 44

64.6867. 5776. 0769. 5550. 0368.1478. 76

49. 6752. 3650. 6948.88

48.8757. 05

41.7053.1574.9881.10

87.4091. 8585.1078. 9483.43

93. 0796. 0575. 8585. 6551. 2448. 71

83. 6482. 5082.09

93.9879.8390. 5297.2196. 20

78. 2667. 0977.3383.43

74. 34

57. 9041.7662. 0975. 75

57. 75

40.1339. 4045.46

71.8677.3980.60

67. 4070.0664. 4672.8571. 5382.39

84.90

79. 59

77.74

75.2081.8172.98

86. 4089.1585. 6878.8378.0273.8264.40

65.2468.4877.8771.0756. 3068. 8879.17

48. 8652. 5051.0849.13

48.8257. 35

41.8452.1775.4081.97

88.3994. 6885.8979. 5285.07

95. 5897. 8577.4286.1849.9646. 68

83. 6256. 8881.17

93 0279. 5793 8492. 9794.32

78.1471.6077.9385. 49

74.74

57 0940. 8361. 5374.70

57. 71

40.6440. 5047.24

72.2277.9781.41

69. 7270.8165.1073.3472.2582.86

84.45

80.40

78.53

76. 9281.6174.34

87.2690.5485.4781.0282. 1374.1965.21

65. 0768. 3078.0270. 4753. 1368. 3878.78

49.7253. 7052.1450.17

47.8453. 63

41.5850. 4076. 0182.16

87.9494.3286. 2978. 6983. 64

92.5795.7581.2090.3949. 6245. 62

83. 4186. 2787.54

90. 85! 79.92

95. 7494. 1396. 26

1 78.3272. 0478. 3186. 94

! 74.93

i 57. 1840.48

i 60.8074. 70

58. 02

40.8740.5047.72

73.5779.1581.81

68. 6468. 8964.6274. 5772.9184.53

87.30

80. 60

79. 52

75.7982.0174.89

91.1296.5387. 3480.2286.9874. 5665. 21

65. 9770.0483.0368. 2651. 7568. 2179.00

47. 6054. 5353. 2050. 82

48.3755.09

41. 6151. 6576. 1881.91

88. 5594. 3286.9079.7184. 66

93. 6697. 1083.0294.5451.4347.39

84.8585. 2688.29

90.8578. 5994. 3294.3094. 15

77.7872. 6576. 7885.28

74.74

50. 5040. 1461.3474.70

58.11

41.1040.4046. 77

74.1280.1582.21

66. 9166. 6765. 8373. 9873.0885.60

87.98

81.00

80.70

76.7883.4474. 52

93.0899.4487.7783. 1088.8875. 3366. 18

66. 4770.7981. 7569.3455. 3969. 1278.21

49 9255. 0753. 5950. 56

49.0158 32

40.9153. 5576.0182.34

90.0997. 5288.8479.9084.46

92. 5796. 2284. 8598. 1852. 1649. 10

87.5789. 8692.01

90 6876.3894.2889.4795. 40

! 79.491 70.74

77. 0084.87

75. 89

56. S841.9261. 4476. 37

58. 51

41.3840.7047.01

73.9780.1681.20

66.3466. 7563.9973.4972.3187.26

90.12

81. 61

80.15

75. 0682.8274. 56

92.6296. 7588. 8182. 7487.8275. 1765. 93

60. 0270. 1879.6570.5854. 6768. 2877. 62

50.1454 2552. 6749. 37

48.6057.87

40.6853. 4075. 7282.16

88.2491.5287.5279. 7384.25

93. 0296. 9383. 8497.4152. 6849. 88

90.3176. 8892. 01

95. 4975.0591. 6985.0193. 02

78.6369. 6370. 8284.25

75. 14

57. 57

74.7480. 5682 22

66.5067. 5765.6773.4972.4787.29

89. 95

81.20

80.34

76.0283. 6474.74

93.2898.9987.9582.9585. 8976. 1466.42

' 66.3670.0776.0071.4556. 1568.8578.61

49.5855. 2053.3350.81

49. 5559. 66

41.9254.2176.0882.34

89. 4793. 0187. 9C80. 3484. 86

91.2594. 8784.2596. 4653.9351.59

88. 2094.7494.50

89 3874. 0591.4388. 3191.96

79.3770. 9876.8284. 66

74.96

57. 5741.651 41.0761. 1875. 08

58. 97

41.2640. 4046.41

! 61.0276. 91

59. 02

40. 9640.2045. 22

'75.1181.56

' 82. 42

' 66. 10' 66. 99

65. 67' 74. 75' 74. 21' 88. 34

'91.25

'81.41

80.73

76. 7884.87

' 75. 33

' 94. 37' 100. 56

' 88. 38' 82. 76' 84.14' 76.14' 66. 58

66. 70' 70. 07

77. 36' 71. 28' 56. 24T 68. 28' 80. 00

' 51 51' 54 80' 52. 93' 50. 69

' 49. 71r (50 64

' 42. 29' 53. 72' 77 04' 83.16

90.79' 94 15

89 6580.3285 69

' 93. 61' 96. 96' 83 64r 95 51r 53 52

51.05

r 87. 78' 80 07' 91. 88

'91 .43' 77.17

94. 0C)' 9 1 . 4 8' 94. 42

' 79. 18' 70. 20

77.1984.05

; ' 75. 76

: 57. 42; ' 4 1 . 1 8

' 60. 54' 78. 68

' 59 08

40. 45r 40 00

1 r 47. 04

74.7780.9782.22

66.6667.1664.4874.8073.6889.19

91.71

81.61

80. 34

76.4085. 4975.33

91.9696. 5486.8883.1388.0075. 7665. 93

65.9170.1276. 5971 2157. 3868 1181.00

51 5753 1652 0048.05

46. 6455 57

40.2350.1376 7483 47

90.3296 0388 3 >81.5887 12

95 4799 2386 11

101 2851 24

87 1474 9193 25

94 0779 1292.2689.1593.10

81.1071.7178.5484.25

76. 36

57 5140. 6060. 7080.18

59.03

40.5540 80

' 76. 30' 82. 78' 82. 82

' 67. 89

' 64. 71' 76. 91

' 90. 91

' 81. 54

' 87. 15' 76. 30

94.79

p 76.11P 82.19p 84. 05

» 65. 92p 77. 38

p 90. 67

P 8 0 . 54

p 87. 30p 75. 33

p 89. 79

' 75. 92' 66. 83

' 67. 32' 71.51

p 78. 47P66.99

p 67. 83p 71. 62

' 54 71' 54 65

p 56 37p 55 06

' 48. 05

' 77 17

' 90. 79

P 4 8 . 08

p 78 20

: p 91.18

' 81. 3C

r 97 O(J

r op q ,

T 51 7^

p 82. 39

p 97 47

P 90 74

v 53 44

!

1

47.32!

|

j

r Revised. p Preliminary.9 See corresponding note on p. S—11.JRevised series. See note marked " } " at bottom of p. S-13,

July 195! SURVEY OF CURRENT BUSINESS S-15


1954


berDecem-

ber

1955

Janu-ary

Febru-ary

1March | April M a y June


WAGES—Continued

Average hourly gross earnings (U. S. Department ofof Labor):?

A11 manufacturing industries dollars..Durable-goods industries do

Ordnance and accessories doLumber and wood products (except furniture) _ - _

dollars..Sawmills and planing mills do

Furniture and fixtures doStone, clay, and glass products _do

Glass and glassware, pressed or blown doPrimary metal industries do

Blast furnaces, steel works, and rolling millsdollars..

Primary smelting and refining of nonferrousmetals dollars _.

Fabricated metal prod, (except ordnance, ma-chinery, transportation equipment)..dollars-.

Heating apparatus (except electrical) andplumbers' supplies dollars..

Machinery (except electrical) doElectrical machinery do

Transportation equipment do . . .Automobiles do..-Aircraft and parts do . . .Ship and boat building and repairs doRailroad equipment do--.

Instruments and related products do . . .Miscellaneous mfg. industries do

Nondurable-goods industries doFood and kindred products do

Meat products do . . .Dairy products doCanning and preserving doBakery products . . .doBeverages d o —

Tobacco manufactures do . . .Textile-mill products do

Broad-woven fabric mills. doKnitting mills do.-. .

Apparel and other finished textile productsdollars..

Men's and boys' suits and coats doMen's and boys' furnishings and work

clothing dollars..Women's outerwear do

Paper and allied products do . . .Pulp, paper, and paperboard mills do

Printing, publishing, and allied industries-doNewspapers doCommercial printing do


Products of petroleum and coal doPetroleum refining do



Nonmanufacturing industries:Mining:

Metal do____Anthracite doBituminous coal doCrude-petroleum and natural-gas production:

Petroleum and natural-gas prod dollars. _Nonmetallic mining and quarrying do

Contract construction doNonbuilding construction doBuilding construction do

Transportation and public utilities:Local railways and bus lines % doTelephone doTelegraph doGas and electric utilities do

Wholesale and retail trade:Wholesale trade doRetail trade (except eating and drinking places)

dollars. .General-merchandise stores doFood and liquor stores doAutomotive and accessories dealers do

Service and miscellaneous:Hotels, year-round doLaundries doCleaning and dyeing plants do

Miscellaneous wage data:Construction wage rates (ENR):§

Common labor dol. per hr__Skilled labor.. do

Farm wage rates, without board or room (quarterly)dol. perhr . .

Railway wages (average, class I) doRoad-building wages, common labor do

1.811.911.97

1.671.661.561.761.792.07

2.16

1.96

1.89

1.862.011.81

2.112.162.062.072.101.821.61

1.661.681.851.591.441.661.

1.341.371.321.32

1.321.61

1.141.431.731.812.272.602.161.902.04

2.272.371.2.251.391.33

2.042.472.47

2.291.752.522.322.58

1.1.751.\ 9 9

1.83

1.451.161.571.71

.961.001.18

1.9643.112

1.939

1.811.911.

1.671.671.571.751.792.08

2.19

1.97

1.89

1.862.001.82

2.122.172.082.062.111.831.60

1.661.671.851.601.381.651.96

1.351.361.321.31

1.331.62

1.131.441.751.83

'2 .282.592.181.922.05

2.272.371.982.291.391.33

2.062. 652.50

2.261.752.512.312.58

1.811.741.85^.00

1.83

1.461.171.571.72

.951.001.20

1.9793.133

1.916

1.801.911.

1.541.551.571.771.812.11

2.24

2.00

1.852.011.82

2.122.172.2.072.111.841.60

1.661.671.1.611.391.671.

1.361.361.311.30

1.341.60

1.121.1.761.862.272.572.171.942.08

2.302.391.942.261.371.31

2.0'2.52

1.782.522.312.58

1.831.751.852.02

1.84

1.471.171.581.72

.961.001.18

1.9973.147

.87!1. 932J1.51

1.791.912.00

1.581.591.571.771.812.10

2.21

1.90

1.2.011.81

2.132.202.092.2.131.831.59

1.651.641.861.621.381.6'

1.291.361.321.30

1.351.63

1.131.511.761.2.272.582.161.932.06

2.272.361.942.291.371.32

2.052. 502.48

2.271.7'2.542.322. 60

1.821.741.852.02

1.84

1.461.161.581.71

.961.001.19

2.0093.148

1.919

1.811.932.01

1.661.681.581.791.822.14

2.27

2.02

1.91

1.882.031.82

2.162.242.102.082.121.851.61

1.661.651.1.631.381.681.95

1.241.361.321.31

1.361.62

1.141.531.71.882.292.6:2.181.932.08

2.322.411.972.251.381.33

2.082.412.49

2.281.782. 552.332.62

1.831.791.862.05

1.85

1.461.161.591.69

.971.011.19

2.0163.169

1.93-

1.811.932.01

1.681.1.581.781.822.13

2.24

2.01

1.92

l.S2.C

2.162.232.102.112.151.851.61

1.661.6'1.811.621.381.681.95

1.241.371.321.31

1.341.63

1.131.501.7812.292.622.191.912.06

2.282.3:2.012.301.391.33

2.082.532.48

2.261.782. 562.332.63

1.831.811. 862.07

1.85

1.471.161.601.69

1.001.19

2.0193.180

.751.9441.58

1.831.942.01

1.671.661.581.811.862.14

2.25

2.00

1.2.031.84

2.182. 2i2.122.102.181.851.61

1.671.701.941.611.411.681.98

1.291.371.3:1.32

1.341.63

1.141.481.781.872.302.622.201.932.07

2.292.382.022.341.391.32

2.092.532.48

2.261.772.572.342.63

1.831.831.852.06

1.85

1.461.161.611.69

.981.011.19

2.0223.184

1.831.952.02

1.1.631.591.801.852.14

2.25

2.00

1.912.041.

2.192.262.12.12.201.861

1.671.711.911.621.4E1.691.98

1.301.371.3:1.3:

1.351.62

1.131.501.7812.312.652.211.932.06

2.282.372.032.361.381.32

2.102.562.48

2.251. 762.2. 332.65

1.841.801.862.05

1.441.131.601.72

1.011.19

2.0223.186

1.9421

1.841.962.03

1.631.641.581.811.842.16

2.27

2.01

1.95

1.912.031.85

2.202.252.142.102.191.871.64

1.1.721.911.631.451.1.97

1.331.371.321.32

1.351.63

1.131.501.791.2.312.602 211.942.07

2.282.372.032.371.391.33

2.112.412.48

2.291.2.592.312. 65

1.851.791.862.06

l.i

1.481.181.611.72

1.011.19

2.0223.188

1.9491.64

1.851.2.03

1.631.641.591.811

2.15

2.26

2.01

1.951.912.041.85

2.202.262.142.102.181.881.64

1.681.731.901.651.471.701.

1.341.381.331.33

1.351.63

1.131.511.791.2.332.622.211.952.08

2.272.362.042.371.391.34

2.102.612.50

2.241.782.592.332.65

1.851.821.862.07

1.86

1.481.171.611.74

1.011.19

2.0193.188

1.977

1.851.972.03

1.621. 631.591.81

' 1 .2.16

2.27

2.01

1.95

1.912.05

'1 .86

2.212.272.14

'2 .09' 2 . 13'1 .88

1.64

1.681.73

'1 .921.65

'1 .481.691.99

1.371.3'1.321.32

1.341.63

'1 .141

'1 .801.2.34

'2 .632.231.942.09

' 2. 30'2 .40

2.042.3'

'1 .391.34

'2.11'2.51

'2 .281.772.57

'2 .312. 63

1.851.801.862.06

1.88

1.481.171.61

'1 .78

1.01'1 .20

2.0213.190

1.925.

1.1.972.03

1.651.651.601.821.872.17

2.27

2.01

1.95

1.912.061.86

2.202.242.142.112.201.881.64

1.691.741.911.661.531.692.01

1.391.371.331.32

1.311.62

1.131.421.811.912.342.2.221.982.13

2.342.452.062.401.401.34

2.112.612.50

2.341.79!. 57

2.342.G3

1.861.821.872.06

1.89

1.491.171.611.81

.971.011.18

2.0253.190

.85

1.871.2.03

'1 .66

1.591.84

2.18

1.96

2.071.87

2.22

l.65

1.701.74

1.38

.34

r1.97

'2 .35

r~¥. 08

'"1.41

2. 0503. 207

P 1 . 8 7pl.99*>2.04

I . 6 01.86

P 2 . 1 9

M.95

P 2 . 0 8p 1.86

p 2.19

p 1.90"1.65

>1.70'1.73

1.42

1.321 P I . 3 3

1.81 P 1 . 8 2

P 2. 35

P 1 . 9 9

P 2 . 3 6

"P2A2

P 1.41

2.0593.227

' Revised. v Preliminary. 9 See corresponding note on p. S-ll.skilled labor, $3,247. « Rate as of July 1.

i Revised series. See note marked " t " at bottom of p. S-13. § Rates as of July 1,1955: Common labor, $2,073;

S-16 SUEVEY OF CUKRENT BUSINESS July 1955


1954


berDecem-

ber

1955

Janu-ary

Febru-ary


FINANCE

BANKING

Acceptances and commercial paper outstanding:Bankers' acceptances mil. ofdol..Commercial paper © _._do

Agricultural loans and discounts outstanding of agen-cies supervised by the Farm Credit Adm.:

Total .mil. ofdol..Farm mortgage loans, total do

Federal land banks doLand Bank Commissioner do....

Loans to cooperatives doOther loans and discounts do

Bank debits, total (345 centers) t— - -doNew York City do6 other centerso" do

Federal Reserve banks, condition, end of month:Assets, total mil. ofdol..

Reserve bank credit outstanding, total doDiscounts and advances doUnited States Government securities do

Gold certificate reserves do

616641

Liabilities, total do. ._ .Deposits, totaL do

Member-bank reserve balances doExcess reserves (estimated) do

Federal Reserve notes in circulation doReserve ratio percent..

Federal Reserve weekly reporting member banks,condition, Wednesday nearest end of month:!

Deposits:Demand, adjusted mil. ofdol. .Demand, except interbank:

Individuals, partnerships, and corporationsmil. of dol._

States and political subdivisions doUnited States Government do

Time, except interbank, total doIndividuals, partnerships, and corporations

mil. of doL.States and political subdivisions do

Interbank (demand and time) doInvestments, total do

U. S. Government obligations, direct and guaran-teed, total mil. of doL.

Bills d o . . . .Certificates doBonds and guaranteed obligations doNotes do

Other securities doLoans (adjusted), total© do

Commercial, industrial, and agricultural doTo brokers and dealers in securities doOther loans for purchasing or carrying securities

mil. of dol._Real-estate loans._ doOther loans do

Money and interest rates:§Bank rates on business loans:

In 19 cities percent..New York C i t y . . . do7 other northern and eastern cities do__. .11 southern and western cities do

Discount rate (N. Y. F . R. Bank) . . . . d oFederal intermediate credit bank loans doFederal land bank loans doOpen market rates, New York City:

Acceptances, prime, bankers' 90 days doCommercial paper, prime, 4-6 months doCall loans, renewal (N. Y. S. E.)__ doTime loans, 90 days (N. Y. S. E.) doYield on U. S. Govt. securities:

3-month bills do3-5 year taxable issues do

Savings deposits, balance to credit of depositors:New York State savings banks mil. of dol_.U. S. postal savings do i

589679

312772

149, 81259, 53531,159

50, 49425, 781

24524.81221,293

50, 49421,143|19, f 631

672'25, 544

45.6

53, 930

54, 5974,418|2,982

19, 359

18,0411,129

13,04041,300

33,1962,4282, 684

21, 5026,5828,104

38, 32421, 5992,141

9156,5927,721

163,50164,96533, 785

CONSUMER CREDIT (Short- and Intermediate-term)

Total outstanding, end of month 9 . .mil. of doL.Installment credit, total 9 do

Automobile paper doOther consumer-goods paper doRepair and modernization loans . . .doPersonal loans doBy type of holder:

Financial institutions, total doCommercial banks doSales-finance companies .doCredit unions doOther _. do

Retail outlets, total doDepartment stores . . .doFurniture stores doAutomobile dealers. . . .doOther do

1.502.084.17

1.251.583.002.

.7821.78

14, 7682,272

28, 37221, 48710, 0025,3701,6344,481

18, 3258, 7295,9441,1752,4773,1621,027

8213711943!

2,3681,257!1, 242J

151304808!

154,848; 151,504! 149.89861,155 58,316{ 56, 74431, 556 31, 5261 30, 922

156, 84358, 78732, 230

158, 28957, 63434, 494

152,32258, 79230, 706

149, 73857,09131, 595

50, 75925,642!

3725,03721,239

,74625,1831

18424,325121, 220

49,17424,

20024,023!

50, 86325, 944

39824,21,030

50, 87225, 885

14324, 93221,033

50,03525, 401

29724, 38121,079

49,62624,960

47523, 88521,038

49, 44224, 769

48523, 60521,032

49,43424,667

39123,61321,027

,746!20,454|18,702;

939|25,567!

46. l!

49, 77820, 26418, 676

95225, 601

46.4

50,86320, 45718,985

51826,081

45.2

49,174!19, 805J18,316

744!25, 5661

46. 51

50,03520, 37318, 722

47125. 706

45.7

50, 87220.37118, 876

25826.253

45.1

49,62620,13818, 918

58125,640

46.0

,44219, 87918, 562

47125, 609

46.2

49, 43419, 80618, 283

41225, 528 j

46.4

55, 3604,033i2, 091 j

19, 808!

57, 8763,956,4,22319, 941

54,7154,3294,08519, 637

54, 7463, 9393,24719, 887

55, 8843,7562,60519, 915

60,1173, 9392,59720,169

57, 2563,3,79320,122

58,314,2322,32020,198

57, 7623,9602,633

20, 280

57, 9214,2163,105!

20, 319!

18, 3041,146

13, 87041,945

18, 3371,285

13, 40642,492

18, 4331,2571

13, 77244, 237

18, 5551,18314,11345, 669

18, 8061,154

14, 27345, 526

18, 5201,195

13, 79144,194

18, 6991,220

14, 30146,

19,037:1,113!

12,974!41,724!

18, 9691,142

12, 98842. 960

18,9901,132

13,08541,932

33, 7242,6192,777

21, 6546,6748, 221

38, 95021, 8842,379

34, 221 j3,045!2, 7541

21, 742!6,680;8, 271,254!

21,5242,005

36,9022, 5432,768

23, 3918,2008,624

41,00822, 4862, 688

35, 8623,1352,559

23, 515|6, 65318, 375!

37,967!20, 798!2. 228 i

37,1062,3782,240

23,9368,5528,56340,11422, 2142,367

35,7992,0652,551

23,102,081

8,98440,483'21, 9262, 582!

33,0261,0811,171

21,4909,284

37,3582,5002,369

23, 8018,688,730

38, 84421.1042,466

33,9831,7501,911

21, 682i,640!

8, 977|41,818!22, 545^2. 660'

2,50423, 6546,6708,,495!

21,015'2,403!

28, 72521, 84910, 2985,3281, 6374,586

28, 73621, 90110, 3495, 2941,6424,616

28, 85621, 93510, 3655, 2871,6424,641

29, 20922,01410,2965,3981,6314,689

30,12522, 46710,3965, 6681, 6164,787

29, 76022, 43610, 4595, 6091,5744,794

29, 94822, 97411,0535,4791,5304,912

28, 97521,952!10,3405,3241, 6374,651

30,655!23, 513|11, 482!5,492|1,534;5,005'

18, 7318,7316,2561,2502,4943,1701,032821389928

18, 6718,7636,1891,2282,4913,1781,0328183869421

18, 7538, 6886,2941,2672,5043,1821,041822390929

18, 7268,6376, 315l,270!2,5043,2261,063830390943

18,719!,5861

6,3251,2822,52613,2951,098846390961

18, 9358,6336,4211,2932,5883,5321, 201890394

1,047

19, 6138,8446,1,3302,6313,3611,123838,420

20, 718,2287,3901,3952,7053,4311,150842457

6,5701,2982,5973,3551,108!

18, 5388,7836,0601,2072,4883,171,037:820!3799431

r Revised. v Preliminary. 1 Data are for 344 centers.©Revised to cover 11 dealers.tRevised series. Bank debits have been revised to include additional centers and to represent debits to demand deposits; data for 1943-53 appear on p. 23 of the September 1954 SURVEY.cflncludes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles.J Revised beginning 1952 to expand coverage of the series by making a net addition of 8 banks. Revisions for January-May 1952 will be shown later.©Net loans less loans to banks.§For bond yields see p. S-20. 9 Revisions for 1952 appear on p. 24 of the June 1954 SURVEY. Data beginning 1953 have been revised to incorporate more comprehensive information*

Unpublished revisions (for January-September 1953) will be shown later.



1954

M a y June July J August | $^m' October Novem-ber

Decem-ber

1955

Janu-ary


FINANCE—Continued

CONSUMER CREDIT (Short- and Intermediate-term)—Continued

Total outstanding, end of month—ContinuedNoninstallment credit, total 9 mil. of dol_.

Single-payment loans do___Charge accounts doService credit d o —By type of holder:

Financial institutions do.. . .Retail outlets do___.Service credit do

Installment credit extended and repaid: tUnadjusted:

Extended, total doAutomobile paper d o —Other consumer-goods paper d o —Allother do___

Repaid, total do___.Automobile paper doOther consumer-goods paper doAllother do.__.

Adjusted:Extended, total do

Automobile paper d o —Other consumer-goods paper d o —All other do

Repaid, total do.. . .Automobile paper d o —Other1 consumer-goods paper d o —All other do.. . .

2,3132,7861, 786

607|743

2, 33698'650699!

FEDERAL GOVERNMENT FINANCE

Budget receipts and expenditures: §Receipts, total mil. of dol.

Receipts, net do___Customs d o . . .In come an d employment taxes do. _ _Miscellaneous internal revenue do. _ _All other receipts do. -

2,3342,819!1, 796|

2,3342,8191,796

2, 7031,244

659800

2,4731,0781

662!7331

2, 495 J1,1141

649|732!

2,4131,056!

6581699

Expenditures, total do..Interest on public debt do_.Veterans' services and benefits do..National security tlo_.All other expenditures -do..

Public debt and guaranteed obligations:Gross debt (direct), end of month, total do

Interest bearing, total doPublic issues doSpecial issues do

Noninterest bearing do . __Obligations guaranteed by IT. S. Governmer.t, end

of month _* mil. of dol..U. S. Savings bonds:

Amount outstanding, end of month doSales, series E through K -. . doRedemptions do___

Government corporations and credit agencies:Assets, except interagency, total ._ ..mil. of doL_

Loans receivable, total (less reserves) doTo aid agriculture doTo aid homeowners doForeign loans doAll other .....do

Commodities, supplier and materials doIT. S. Government securities doOther securities and investments doLand, structures, and equipment doA11 other assets do

273, 475271, 280229,91341,367)2,195

58,159464510

11,34710, 644

4910,123

834340

7,3081, 763376

4. 663506

271, 260268, 910226, 68142,2292,350

81

58,189523!6281

39, 602!.18,4891.

6,8762, 3032, 773l f ~"

2, 3032,7731.800

2, 5491,163!

622764

2,4171,033

661723

2,4551, 0601

666!729|

2, 364!1,006

667691

3,148j2, 827j

45j2, 059!

79012541

4,8272133361

3,06111, 217

6,8352, 3122, 734|1, 789]

2,312!2, 734!1, 789!

2,477!1,1141

607 i756!

2.425!1,063!

6411721!

2, 4091,035:

613|761

2,480:1,067!

678!735|

4, 801 i3.911!

48;3,806!

829!119

6,731332334

3, 3702,695

270. 984268, 681226, 52842, 1522, 303

21

58,129508 i693

274, 955|

6,9212, 3352,807|1, 7791

2, 335'2, 807!1, 779!

2,4411. 062

629750

2,407!1.046J

636s

725j

2, 474!l ,077i

609:788|

2,404J1,014!

6341756

5, 28014.9511

48 i4,277!

838!117

i5,019!

541!321

3, 2611897!

7, 0232, 3772,8921,754

2, 3772,8921,754

2,4541,031

687736

2, 4371. 056

650731

2.461l,068J

633!760!

2,424j1.039

652733

2,887!2, 639!

47!1,850!

850!140|

4 ,857|3463491

3, 300!8631

7,1952,407|3,0421,746

2,4073,0421,746

2, 554l,040i

7161798'

2, 4921,084

642766

2,612!1,1091

677!S26|

2,500!1,098!

631|771

4,905!4.2OI!

52!3, 7911

839i224

3,842368373

3,316- 2 1 5

7, 6582,4203, 5181,720

2,4203, 5181, 720

3,0461.184

930926

2, 5931,084

666843

2, 7621,298

67978.F

2,4881,083

643762

274,810! 278,752! 278,853j272,693! 272,440 276. 400 i 276, 511!230,214 230,033

42, 4792,262

27

42, 42,370

29

234,161! 234,160!42,238! 42,351!2,352|

341

6,3891.2,814'

I 7 ,905! .

58,200 58,207 58,242!546! 464! 456!562 544! 507!

40,44:V_18 .603 ' .6,527 .

1,5763.369!.2.911!

2, 342

34

58, 299466510

2. K1S'_7. 96.S,.1,56?'-

278, 750275. 731233,165

42,5663,019

34

58. 358557633

41, 40::19, 34*

6, 92C2. 9078, 001

3,439:.8,077:_3,317!.

Liabilities, except interagency. total do ! 5,085!.Bonds, notes, and debentures do j l,052|.Other liabilities d o . . . . j j 4.033J.

Privately owned interest do ! j 486:.U. S. Government interest do i j 34,030

LIFE INSURANCE !

Institute of Life Insurance re? 'Assets, total, all U. S. life insurance companies ;

mil. of dol.-! 80,522,Bonds (book value), domestic and foreign, total ;

mil. of doL-| 45,323IT. S. Government - do i 9, 539State, county, municipal (U.S.) do ! 1. 598Public; utility (U. S.) do ! 12.709Railroad (if. S.) do.- - . ! 3,627Industrial and miscellaneous (IT. S.) do ! 15,171

Stocks (book value), domestic and foreign, total I !mil. of dol.. J 2.500i

Preferred (II. S.) do.- . - ! 1,621;Common (U. ?.) do I 875;

Mortgage loans, total do I 24.174JNonfarm. . . - . .do 22,212

Real estate do 2,101Policy loans and premium notes do 2,983|Cash do 1,082Other assets do l 2,3591

1. 7'Si3, 8552 9673.43^

;, 043, 758

49S'.. 4SS ..

80,952 81,17:>' 81,921 82. 'M

5. 21. I4, 1

50835. 61 (

t-C. K.?., 83,358, M,0

45.44 49. 3431.64 I1

12.8193.67]

1.". 290

9.18:)1. 737

12. SwS3, <;«>;;

15,418

2. 533i,t>:«

89624, oSl22. 403

2,128,3.002:1,071!2, 390^

2, 57 41, 060

91021.57222, 575

2, 1473, 0191,1202, 450

45. 6919. 1711.751

12. SM 13. hi!)

15. f,52

1.6709L'U

21,7')522. 7S(,

2, J 763.0361, 0982. 525!

45. SI 19. OSfi

13, OH)3. (>!!

J A . 6 , ; I

2 ' i l l

9392.". 035L'.'-i. 019

2, 2053,0491.076

45 .W«.«. 02

46.032 46. 1M8, Mi) 9 0

13.0763. 6'.«r,

15.SI3

2, 6011.(167

25.260,23, 235

2.2413, 0611,0942. 603

2.6111,67;

0().v>25, 57423. 5 IP

2. 2603.075;1, 1412,635'

1 . »•;«.

LOiL'

3. 0871. 20C2, 684

7,3242,3713,2251.728

2.3713; 2251.728

2.3891.060

6167131

2.420i9971675!748!

2. 823!1.233;

788:802

2, 4961,020

684 :

792:

I4, 833!4,655!

48!3.638

716430!

4. 942!\

1,166

278, 439275,696233, 42742, 2682,743

24 i

7,0102, 427!2,831!1, 752

2,4272, 83111. 752

2,416!1,167|

529!720'

2, 344|985 j654!705!

2.89811, 382!

660!856|

2, 5211.071!

680!7701

5, 9545, 4271

47!4,857!

774276

4, 831396365

3, 0481, 022

278.182275, 565233,51742, 0472, 617

58, 456! 58, 605742i 602772' 543

6,9742,4812, 7351,758

2,4812, 7351,758

3,1591, 569

708'882

2, 6931,157

713!823 j

3,035!1,4721

741!822^

2, 562!1, 096!683783

11,0899,741

609, 906995127

5,894478386

r 3, 759* 1.271

7,1422,4962, 8591,787

2, 4962, 859j1,787

3,0891,512703874

2, 55011,083)690[777J

3, 01711, 404 i

736!877 j

2, 552|1,093!

672 i787!

4,9413, 732

!!3, 976!7951119!

7,4192,5893,0111,819

2, 5893,0111,819

3, 2061,616

74l!849!

2, 570j1,1131

678|779 i

3,091'1,517

SON .

6, 1194,438..

!

274, 048271, 200229,10342,097!

2,8471

•I58,701

614!605!

5, 228!355!383!

r 3, 382j•"1,108

276, 649273,924232,233141,6912,725

37

58,639535i682!

4.84993927(1 .

5, 356-443 .381 .

P3.2891

P 1,244:.

277, 472 •_274, 804 .232, 563 .

42, 240 .2 , 6 6 8 .

4 3 •_

58.646; .488 L581: .

K\ 324 85,627

4C> <».V* -1(1.690 46,764!'. 2--:1' W. 212 9, 091l . t ' > l.(>77 1,9(14

13. 1 H- IS. l'\ 13, 191:-. 7(i." 3.7i ( t 3.716i

it- c;H If.. (".»!> 16, 293!

86, 061

2.3103. 1271. 1402. 703

2, 7631 71*I .Oi l

2C, 17121. 105

2,3443, 144:1,1112, 798;

2.773!1.707!1,059!

26,727124, 629:

2,367J3,159!1,029!2,808!

46, 900;9, 1051, 965

13,205!3, 724;

16, 395^

2,791!1,7111,073:

26, 949!24,824!

2,3813,177:1.027;2, 836;

86,515|-

47,005!-9.058J.1, 956

13. 2033, 774

16.519

2, 7S7!1,696;.1.084

27.217;.25,067i

2.4073, 190' .l,067i2, 842!

r Revised. v Preliminary.9 See note " 9 " on page S-16.JFor a description of these new data and for figures prior to January 1953, see the January and March 1954 issues of the FEDERAL RESERVE BULLETIN'.§Data are on a budgetary basis.c? Effective with the April 1955 SURVEY, data in detail for all companies replace those formerly shown for the 49-company series.

S-18 SUEVEY OF CURKENT BUSINESS July 1955

Unless otherwise s ta ted, statistics through 1952 anddescriptive notes are shown in the 1953 StatisticalSupplement to the Survey

1954


berDecem-

ber

1955

Janu-ary


FINANCE—Continued

LIFE INSURANCE—Continued

Life Insurance Agency Management Association:Insurance written (new paid-for insurance):

Value estimated total! mil. of dolGroup and wholesale _ do. __Industrial t doOrdinary, totalj do

New England __doMiddle Atlantic doEast North Central do __West North Central doSouth Atlantic _ _ doEast South Central doWest South Central do_ __Mountain _ _ _ _ _ _ _ do. _Pacific do_ _

Institute of Life Insurance:Payments to policyholders and beneficiaries, esti-

mated total * thous. of dol__Death benefits - _ . _ . doM a t u r e d e n d o w m e n t s d oD i s a b i l i t y p a y m e n t s _ _ _ _ _ __do_ _A n n u i t v p a y m e n t s d oS u r r e n d e r v a l u e s _ _ _ _ _ _ d oP o l i c y d i v i d e n d s d o

Life Insurance Association of America:tPremium ineomp (3Q POS ) total do

Accident and health doAnnuities doGronr> doIndiis^riil doOrdinary _ _ _ _ do

MONETARY STATISTICS

Gold and silver:Gold:

Monetary stock U S mil. of dolNet release from earmark§ _ _ _ _ _ doExports __ _ -__ thous. of dol._Imports doProduction reported monthly total do

Africa ___ do_ .Canada . . d oUnited States _ _ _ _ _ do

Silver:Exports _ do

Price at New York _ _ dol. per fine oz.Production:

Canada t •• - - - ..thous. of fine oz_Mexico - doUnited States do

Money supply:Currency in circulation mil. of dolDeposits and currency, total __ - -- -do

Foreign banks deposits net doU S Government balances - _ _ _ _ do

Deposits (adjusted) and currency, total doDemand deposits, adjusted._ _ _ _ _ _ doTime deposits _ doCurrency outside banks do

Turnover of demand deposits except interbank andU. S. Government, annual rate:f

New York City _ ratio of debits to deposits . .6 other centers 9 do338 other reporting centers _ _ do

PROFITS AND DIVIDENDS (QUARTERLY)

Manufacturing corporations (Fed. Trade and S E C ) :*Net profit after taxes, all industries mil. of dol

Food and kindred products doTextile-mill products doLumber and wood products (except furniture)

mil. of doL-Paper and allied products ___ doChemicals and allied products __ _ doPetroleum refining doStone, clay, and glass products do . .Pr imary nonferrous metal doPrimary iron and steel _- -do __-Fabricated metal products (except ordnance,

machinery, and transport, equip.) mil. of doL

Electrical machinery ___ - _ doTransportation equipment (except motor vehicles,

etc ) mil of dolMotor vehicles and parts doAll other manufacturing industries do

Dividends paid (cash),all industries doElectric utilities, net profit after taxes (Fed. Res.)

mil. of dolRailways and telephone cos. (see pp . S-23 andS-24).

3,285602607

2,07614148044017325184

18472

251

377, 515158,95541,4168,804

34,37967,40066, 561

625, 98986, 38177, 68349, 62174,642

337,662

21, 973- 4 8 . 4

7742,004

68, 90043,20013,4005, 000

1345,124

.853

2,5103,4943,229

29, 870207,600

3,1006,400

198,00098, 70072, 50026,800

41.925.518.8

3,137431555

2,15113749545218425787

20075

264

427, 419183, 68945, 6448,861

37,85971, 44579, 921

696, 27088,16581,19663, 72183,043

380,145

21, 927- 1 6 . 9

5413,831

70,00043, 30013, 2006,100

1675, 956

.853

2,7044,6723, 609

29, 922209, 354

3, 2567,581

198,51798,13273,29227,093

44.226.819.7

2,922234

16

42122303520135121185

llf253162

110340265

1,298

266

3,153641520

1.99212344042417723884

18576

245

386, 791158, 681

40, 5359,041

39, 76366, 53072, 241

647 60790,063

'96, 51464 88664,772

331, 372

21,908- 7 2 . 7

8522,400

71,10044,30013, 3006,100

2277,146.853

2,7352,2831,997

29, 892209,100

3,4005,200

200,400100,00073, 70026, 800

41.624 918.8

2,943391547

2 00512543242817724286

18876

251

380,859168, 04839,2478,648

34, 90769. 73860 271

628 93687 54872,35555 14178, 386

335, 506

21.809— 65.41,2742,978

71, 40045, 20012,9005,800

4609 351

. 853

2,7872, 8532,779

29, 929210, 500

3,4006, 900

200,30099, 40074. 00026, 900

40.024.818.5

2, 957487535

1, 93511240941817423385

18876

240

394,119168, 67939,1548, 662

35, 60867, 88574,131

659 68486, 72779, 63858 03976, 298

358, 982

21,810- 3 4 . 61.0652.128

70, 20044, 90013,1005,100

2627, 727

.853

2, 7593, 2362,840

29,985211,800

3,3006,000

202, 500101, 20074, 40026, 900

40.425.319.4

2, 658252

29

43116287505147106146

113196146

97191286

1,338

264

3,071400598

2,07312644944317525787

18783

265

371,915151,95744,8638,809

35, 81866, 69063,778

620, 86685 98771, 77152, 53066,241

344, 337

21,759—34.6

7812 377

71, 30045,40013,300

5. 600

1968, 366

.853

2,4275, 4533,117

30,074215, 400

3, 2007,500

204,700103,10074, 80026, 900

39.323.618.6

10,2707,489

5632,218

14650548318127596

19178

263

399, 965169,921

49, 2548,947

38,62672, 86360, 354

693, 60390, 64283, 55875, 58480,033

363, 786

21, 710- 3 6 . 71,2032,712

72, 00045, 50013, 5005,600

1,1449,036

.853

2,7931,9823,366

30, 500217, 200

3,2008,200

205, 8G0104, 00074, 30027, 500

42.226.320.7

4,0841,154

4912,439

150536522215286103233

98297

525, 998207,594

54, 2419, 795

40, 55171, 445

142, 372

907, 544102,185175, 58270, 301

128,007431, 469

21,7131.8

2, 3633,024

45, 50013, 5005,800

2335, 795

.853

2, 3473,0293,169

30, 509218, 882

3,3295,869

209, 684106, 550

75, 28227, 852

48.128.121.0

3, 05"22J37

57127327662116134230

81

203

10527,305

2,002

288

' 3,079'386r 516

2,17715651946217823587

21281

248

r 477, 058'182, ",99

58, 32810, 58847, 72274, 776

102, 845

21,714- 9 . 7

7883, 016

45,80012, 8005,000

6404,321

.853

2,1614,9083,4ie

29,789p 217, 500

p 3, 200p 5,000

* 209, 200p 107.000p 75, 400P 26, 800

42.025.419.6

r 3,333'620••544

2,169149514466177245

91200

82247

424,607176,94351,3208,869

38,30773, 88375,285

21, 716- . 8689

3,905

12,3004,800

2906,351

.853

1,9386,7262,753

29,817p 216,000

p 3,100p 6,000

p 206,900p 104,500

P 75, 700P 26. 800

41.926.419.6

r 3, 799M62r 590

2,747186633579223308114272106325

' 498,084201,47458,8059,216

39, 21086, 702

r 102, 677

2,174,366i 286,266i 298,036i 232,2101 251,6711,106,183

21,719- 2 7 . 7

6743,388

13, 0005,400

1,6955,840

.873

2, 3f.74,6603,560

29, 800p 214, 500

p 3,200p 6, 100

p 205, 300p 102. 400

P 76, 200p 26, 700

41.730 220.0

P 341

'5,617r 2,602

5402,475

160571518198293107237

95295

' 419,386r 180, 933

45, 5129,064

33, 92173, 97075, 986

21, 671- 4 1 . 8

1822,658

12, 9005,000

1385,223

.871

2,252

3,068

29, 769p 216, 900

P 3 100p 6, 400

p 207, 400p 104, 500p 76, 200p 26, 700

37.3r 27 1M9. 2

3,612452607

2 553172590533203307109238100301

439, 941187, 32450, 6199,171

36, 42776, 50079, 900

21,674—1.0

3144, 854

2363 999

897

3,075

r 30, 009p216,700

P 3, 20fP 6, 700

p 206, 700p103,400p 76,500p 26, 800

P 4 2 . 7v 2* 4

2 P 20. 5

r Revised. » Preliminary. l Quarterly total. 2 Data for 337 centers.tRevisions to be shown later are as follows: Insurance written—total and ordinary, annual totals for 1947-50 and monthly data for 1951-February 1953; industrial insurance monthly

data for 1953-February 1954; premium income for 1951 and 1952; silver production for 1953.§Or increase in earmarked gold (—).t Revised series, reflecting change in number of reporting banks and centers. Data for 1943-53 for New York City appear on p. 23 of the September 1954 SURVEY; those for other centers will

be shown later.

with SEC, all nonregistered manufacturing corporations with total assets of $5,000,000 and over at the end of 1949, and a sample of nonregistered manufacturing corporations with total assets of

Julv 1055 SURVEY OF CURRENT BUSINESS S-19


1954


berDecem-

ber

1955

Janu-ary


FINANCE—Continued

SECURITIES ISSUED

Commercial and Financial Chronicle:Securities issued, by type of security, total (new

capital and refunding) mil. of doL.New capital, total do

Domestic, total doCorporate doFederal agencies doMunicipal, State, etc do

Foreign _doRefunding, total ___ do

Domestic, total do.Corporate do.Federal agencies _ do.Municipal, State, etc do.

Securities and Exchange CommissionÊstimated gross proceeds, total do.

By type of security:Bonds and notes, total _do.

Corporate do.Common stock do.Preferred stock do.

By type of issuer:Corporate, total do.

Manufacturing do.Mining __ __ _ do.Public utility do.Railroad do_Communication . . . doReal estate and financial do

Noncorporate, total doU. S. Government doState and municipal do

New corporate security issues:Estimated net proceeds, total do

Proposed uses of proceeds:New money, total do.

Plant and equipment doWorking capital „ do

Retirement of securities. _ doOther purposes ___do

Proposed uses by major groups:Manufacturing, total _do.

New money doRetirement of securities do

Mining, total do.New money _do_Retirement of securities do.

Publicuti l i ty, total __doNew money doRetirement of securities __ .do

Railroad, total doNew money doRetirement of securities _._do

Communication, total doNew money doRetirement of securities do

Real estate and financial, total doNew money doRetirement of securities do

State and municipal issues (Bond Buyer):Long-term thous. of dol . .Short-term do

COMMODITY MARKETS

Volume of trading in grain futures:Corn '_ mil. of buWheat d o —

SECURITY MARKETS

Brokers' Balances (N. Y. S. E. MembersCarrying Margin Accounts)

Cash on hand and in banks mil. of dolCustomers' debit balances (net) d o . _ "Customers' free credit balances doMoney borrowed do

BondsPrices:

Average price of all listed bonds (N. Y. S. E.),total § dollars..

Domestic doForeign do

Standard and Poor's Corporation:Industrial, utility, and railroad (Al-f- issues):

Composite (17 bonds) dol. per $100 bond. .Domestic municipal (15 bonds) do

U. S. Treasury bonds, taxable . .doSales:

Total, excluding U. S. Government bonds:All registered exchanges:

Market value thous. of dol_.Face value do

New York Stock Exchange:Market value I doFace val ue do

1,1,3421,334

53647

7518

4954821'2i

34

4,2

4,185649

73129

851209

35509

14127

3,5372, 669

783

83'

59644714818160

205185

634110

502329173

110

4040

02719

1

782, 572244,326

116344

1,9211,7541,715859318263916'.167964526

2,422

2,173792118131

1,0413017643771015'

1,381523

1,025

78959819018353

2952382374620

43137:58770981

15656

854, 718176, 741

117369

309

1,6321,0531,046731322827

575793961812

2,167

1,9991,085

9276

1, 25353072325432

202915508280

1,237

64318532981

5255025711322321177132431825220

19961128

280, 426339, 707

254496

1,857 1,9261838 877'

1,173| 1,169

1,841836

1,186

100. 00100. 4077.64

117.5123.699. 68

73, 72184,141

72,116 72,013| 90.20182,136 80,225' 100,365

100.71101.1277.90

117.0123. 999.49

73,701

82, 290

100. 91101. 3178.67

117.5126. 9

100. 36

92, 201102, 829

783605546267

0279

59178178768517

1,279

1,207352

2745

424118

14161132714

855546300

417

3041951098231

116941013120

1581025513100

2725

11411

2

300, 344257, 554

200363

1,998910

1,194

100. 62101. 0078.74

117.8128.4

100. 28

85, 99190, 886

84, 44888, 658

1,7061,3111,311

61164

6360

3953952859614

2,125

2,003886

6260

1,00815143

251130332

471,117

464652

994

70559111424742

14982404139

(2)24716174

1296

123329326

34740

7

651, 593351,010

147311

2,081924

1,291

100. 53100. 9078.96

117.6127.299.92

64,49868, 903

62,60066, 632

1,8251,4241,40579513

59718

401401179216

6,544

6,22781326552

1,1302813627545100277

5,4144,611615

1,112

856478379109146

278267532219

2721936045202598980

2742124

615, 479260, 413

129236

2,131924

1,364

100. 39100. 7479.71

117.5126.999.69

70, 65177,015

68, 69074, 512

1,0516876672230

4442036436426791

1,350

1,250321

6437

4221106062517528

92946645!

413

24414599 i

123146

10889

35"400

61451551

507420542717

1

458, 795133,922

239237

2,242972

1,416

2,0431,5691,5226540

868474754503686319

2,552

2,38785410362

1, 0191897^

4636244110

1, 53.557906

1,004

51536714740089

6'7152

4591513O.C

61431844411

108

906,056327,572

21131

3482,4431, 0231, 616

100.13 100.07100.471 100.4379. 85 78.92

117.4! 117.0127.41 126.fi99.271 98.97

98,17899, 831

150,401155, 797

96,042 147,784 111,885n« QAO 1KO a'> A i o c (inn!

1,4461,1141,015

43152

53398

332332134192

6

2,706

2,51848413553

67219020

24:64

798

2,034742541

660

46532514011481

186105231917

23919341632736

752

9791

541,449191,319

182257

2,5581,0691,696

99.0599. 3979. 06

116. 7125.497.88

115,121129, 547

1,431

1,29436411325

5018613111145149930602328

492

36211855674

5316l:101

1081008110442618148126

327, 527262, 627

161292

2,6531,0631,779

98.4198.7678.05

115.7124.996.97

2,583

2,033871512

3'

1,420644

49226

2527

3861,163

614540

1,396

1,19075943113571

632515854745

2241962725250

2720

6381333

13

539, 767209, 7<

213360

2,7011,022

98. 6298.9778. 55

115.4124.497.08

86,843 93, 99290,7031 100,868

126, 209l14,516|.8,119'

r Revised . i Includes Internat ional B a n k securities no t shown separately.{Revisions for 1952-February 1953 and J a n u a r y - M a r c h 1954 will be shown later.§D d f th I t t i l B k f * R t i d D

92,03197, 287

'1 ,635

' 1,433451149

54

65418723

1919318

117r 981

535r 429

637

42223219116:48

182137292119

1871513691

4871816

895

429, 030• 200, 591

161302

2,752973

2,062

98.2798.5979.06

115.2124.996. 31

80,46389, 342

78,89987,15296, 368'' 152, 634

Less than $500,000.

§Data for bonds of the International Bank for Reconstruction and Development, not shown separately, are also included in computing average price of all listed bonds.

4,340

4,03565621393

961422

1524'

1323

1653,3793,020

329

940

76256'19875

104

411322

4813110

241222

1613130

22220

161100

329, 484128, 472

159403

2,731928

2,119

98. 3698. 6780.36

114.7125.196.53

82,14090,512

80,24986,856

S-20 SURVEY OF CURRENT BUSINESS Julv 1!>".5

Unless otherwise stated, statistics through 1952 and 1 >4

descriptive notes are shown in the 1953 StatisticalSupplement to the Survey May June July August Septem-

ber October Novem-ber

Decem-ber

1955

Janu- Febru-ary ary March April May JUDO

FINANCE—Continued

SECURITY MARKETS—Continued

Bonds—ContinuedSales—Continued

New York Stock Exchange, exclusive of stoppedsales, face value, total§ thous. of dol..

U. S. Government doOther than U. S. Government, total§ do._..

Domestic doFor ei gn _ _. d o

Value, issues listed on N. Y. S. E.:Market value, total, all issues § mil. of dol_.

Domestic doForeign do

Face value, total, all issues § doDomestic doForeign do

Yields:Domestic corporate (Moody's) percent.-

By ratings:Aaa . doAa doA do_._.Baa do

By groups:Industrial doPublic utility . doRailroad do

Domestic municipal:Bond Buyer (20 bonds) doStandard and Poor's Corp. (15 bonds) do

U. S. Treasury bonds, taxable do

StocksCash dividend payments publicly reported:

Total dividend payments mil. of dol...Finance doManufacturing doMining do. . . .Public utilities:

Commun i cations. doElectric and gas do.

Railroad d o . _Trade do . . .Miscellaneous do

Dividend rates, prices, yields, and earnings, commonstocks (Moody's):

Dividends per share, annual rate (200 stocks) dollars.Industrial (125 stocks) _ . . .do . . .Public utility (24 stocks) do..Railroad (25 stocks) doBank (15 stocks) . . do_^_Insurance (10 stocks) do. . .

Price per share, end of month (200 stocks) do . . .Industrial (125 stocks) do . . .Public utility (24 stocks) do . . .Railroad (25 stocks) do . . .

Yield (200 stocks) percent.Industrial (125 stocks) do._.Public utility (24 stocks). do_._Railroad (25 stocks) do . . .Bank (15 stocks) do . . .Insurance (10 stocks) do . . .

Earnings per share (at annual rate), quarterly:Industrial (125 stocks) _'__' dollars-Public utility (24 stocks) do.._Railroad (25 stocks) do.._

Dividend yields, preferred stocks, 14 high-grade(Standard and Poor's Corp.) percent.

Prices:Dow-Jones & Co., Inc. (65 stocks) dol. per share

Industrial (30stocks) do . . .Publicutility (15stocks) do . . .Railroad (20 stocks) do..._

Standard and Poor's Corporation:Industrial, publicutility, and railroadrd*

Combined index (480 "stocks) 1935-39=100..Industrial, total (420stocks) do . . .

Capital goods (158 stocks) do . . .Consumers' poods (195 stocks) do.

Public utility (40 stocks) do. - -Railroad (20 stocks) do....

Banks. N. Y. C. (12 stocks) do. -.Fire insurance (16 stocks) do. . -

Sales (Securities and Exchange Commission):Total on all registered exchanges:

Market valueShares sold . .

On New York Stock Exchange:Market valueShares sold

Exclusive of odd lot and stopped sales (N. YTimes) thousands

Shares listed. New York Stock Exchange:Market value, all listed shares mil. of dolNumber of shares 1 isted millions

...mil. of dol.

. thousands.

.mil . of dol..tli on sands.

73,7790

73. 77964, 8608,822

105,094102,990

1, 436105,091102, 577

1,849

3.13

2.883.033.153.47

3. 063.133.21

2. 512.492. 52

227. 655. 896.7

2.1

1.157.32.97. 04.1

4.224.472.133.113. 013.37

86. 5192. 8643. 7949. 63

4.884.814.866.274.622.94

4.03

120. 74322. 86

! 57.37108. 62

! 219.8

77, 8470

77,84768,5529,238

105. 582103,474

1,437104. 835102, 325

1,844

3.16

2.903.063. IS3.49

3.103.153.23

2.402.482.54

1,252.586.4

816. 594.5

38.4100.7

55. 237.423.4

4.224.472.133.14

83, 87110

83, 86174, 9668,78l|

105, 727103, 608

1,445104. 770102. 268

1, 837

3.15

2.893.043. 173. 50

3.103. 133.23

2. 262,312.47

525. 8130. 6149. 9

2.3

107.266 813.748.2

7.1

4.244.472.133. 15

3.01 3. 013.37

87. 60

3.37

91. 9794. 34 98. 4943. 91! 46. 6750. 01

4.824.74

52.98

4.614.54

4. 85 4. 566.284.592.88

8 492. 854. 5?

4.05

122.69327. 91

57.92110.89

22], 81 241.5| 244.0! 235.9i 189.2

134. C173.0124.8

j 260.6

i 2,122; 84,953

i 1,84661,746

j 41,913

i 137,928! 2,979

i 241.6! 191.2

1 5.954.352.73

4.04

127. 66341.27

; 59.43| 116.65

231.1! 254.5I 255.9

202. 4135.01 139.5175.7

| 125.8265.1

1 2, lOf88, 057

184. 1131.3283.3

2. 45389, 573

1.823! 2,14461,602

| 42,225

139,188; 3,047

! 67,35v

51, 854

! 145,8433,063

76, 2515

76, 24668. 307

7,878

109, 495107,382

1,440108.816106. 322

1,829

3.14

2.873.033.153.49

3.073.123.21

2. 262l232.48

339.668.0

170.74.6

1.664 8

9.513. 2

7 2

4.224.432.133.153.053.37

8S.9195. 0645. 4450. 01

4.754. 664. 696. 304. 322. 79

4.01

129. 76346. 06

61.01118. 29

236. 4260. f257. 2207. 3

59, 5751

59, 57450, 5748, 965

109,350107. 232

1, 448108, 778106, 280

1,833

3.13

2.893.043.133.47

3.073.133.22

2.35

2. 51

1,264.593.9

822. 093.8

39.0102 6

51.238.323.7

4.224.432.133.153.073.37

94. 65! 102.88| 45.90

51.47

4. m4.314.64

i 6.124. 39

1 9 77

7 632 886.42

3. 98

130.40352. 71

61.04116.03

238. 5264. 4257. 3209.4

67, 9455

67,94057, 51610, 362

109, 395107. 269

1,453108, 965106, 477

1,823

3.13

2.873.043.143.46

3.063.113. 23

2. 332.322. 52

594. 2114.3211.6

6.5

107.874.420.352.4

6.9

4.234.462.133.153 083. 37

92. 64100.6)44. IS52. 29

4. 57

97, 2020

97,20288,096

9,009

109,139107,012

1,454109, 003106, 516

1,822

3.13

2.893. 043.133.45

3. 063. 103.22

2.332.292.55

2^6. 675. 2

104.41.7

1.255.94.4S.25.6

4.424.722.133.173.093.37

100.60110.13

46. 3358. 38

4.394.43| 4.294.826.024.503.00

3. 93

131.54358. 30

4. 605. 434. 262.74

3.92

137. 841 375.50

59.43! 60.12118.41

243. 5271.4262. 5214.8

142.31 140.71 139.4187.2135. 7293.3

2. 75297, 292

2, 41070,904

56, 928

142, 284

182. 0135. 4284.1

i2,178

81, 723

1,85253,201

41,232

150, 6593. 071 [ 3, 093

186. 7

12(3. 95

252. 2282.0

I 278.5

126, 4870

126,487118,359

8,051

106,517104.442

1,403106,438103, 99,5

1,778

3.13

2. 903.043.143. 45

3. 073.103.23

2. 362.332.57

1. 941. 0233. 5

1, 237. 8140.1

42.1113.987.047.439.2

4.434. 732.143.143.153. 37

105.40115.64

47. 5664. 27

4. 204. 094.504.894.092. 52

9.432 949.97

3.93

145.81393.84

61.43139. 64

264. 5296. 7

! 296.8221. 2! 228. 7141.4196.7

135. 9 i 138.0274.8

2. 37188, 329

2.03161,72-5

44,169

148,16?3, 094

278. 5

2, 987101,956

2, 57771,843

144. 0217.5147.6295. 9

3. 714r 135. 762

i 3,19!93. 705

! 63, 930j 76. 45f

160,9863,107

169,1493.174

101.1004

101,09693, 654

7,356

105, 476103,351

1,456106, 491103, 985

1,841

3. 15

2. 933.063.153. 45

3. 083.123.25

2.432.392.65

721.3148.2236. 8

6.1

120.873.932.494.0

9.1

4.484. 792. 143. 193. 153. 39

106. 2 i116.83

46. 9464. 35

4.224. 104. 564.964. 142. 58

79, 9924

79, 98873.1106,819

104, 518102, 427

1,433106, 204103, 713

1,836

3.18

2.993.103.173.47

3.123. 153.28

2.452.422 72

261. 076. 589.8

2.2

1.359. 610.116.8

4. 7

4. 564.902.143.233. 153.39

108. 30118.49

48. 5967. 42

4. 214.144.404.794.062.51

3. 98

147. 98398. 43

62. 39142. 45

268.8301. 9302. 7232. 2145. 1222. 4150. L302. ,'j

3. 99(] 42, 277

3, 43896. 761

74. 64C

171,15f3. 20?

' 4.00

! 151.70i 410.25

63. 29j 145.64

i 278.1: 312.4

316. 2! 235.0i 149. e! 231.9: 153.9; 311.1

' 3,547i 131,480

• 3,067i 90,745

I 60,815

: 175,5883, 236

81, 3730

81,37373, 806

7,547

104, 349102, 266

1,428105, 806103, 334

1.818

3.20

3.023.133.183.48

3.143.173.31

2 422'. 452.71

1.353.293.8

881. 7101.4

39. 0106. f>64.641.025.1

4. 594.922.183.233.143.49

108. 90117.6147.9767.42

4.214.184.544.793.892.58

9. 60r 3. 03

7.00

4.01

152. 75408. 91

63. 87149.06

277. C: 310.fr! 315.:-

233. £150.1237.1157.3312.1

3, 79fj 135,021

3. 277; 91,25:

, 66,86c

80, 5700

80,57074,9305,592

104, 344102, 238

1, 449106,184103, 696

1. 833

3.21

3.013.133.193.49

3.143.173,30

2.402,432. 77

661. 7122. 2233. 6

7. 7

126. 577 123! 056.914. 7

4.604.932.183.363.153.49

111.68122. 40

49.1272. 21

; 4. 12i 4.03I 4.44

4. 65i 3,94! 2,50

| 3,95

158. 'SC422. 9fi

i 64.5(| 157.51

; 286.2321. f

i 330. :; 241. C

76, 5720

76,57264,44412,041

104,459102, 314

1,487106.200103, 694

1,851

3.23

3.043. 153.213. 50

3.173. n3.32

2.392.412. 75

3. 23

3.. 053. 143.223. 51

a. is3. 213.31

2. 48

1

4.624.952. 213'. 363. 153.49

! 111.49122. 15

1 48.54! 71.63

i 4.144.05

! 4.55i 4.69! 4.06

2.49

3.99

157. 89' 421.551 64.06j 157.75

! 285.0! 319. 7: 331. C

239. 81 151.81 152 3

252. 1164.1322. •

1 250.9>: 156.7

327. fi

' 3.155! 2.67c: 105, 67"Ti 98.211

2, 734 2 31 fr; 7i . 17 1 68,04c

; 53,788 45,427

! 175,806! 181,38*; 3. 261

>! 182.83f3, 284: 3, 341

' i

4. 634. 952. 233. 403. 153.49

119.66133.4149. 2172. 96

3.S73. 714. 534. 6ri4. 012. 40

•A 9 S

1«>2. 77i 440 79! Ui 23; l t , l I t ;

M)i) 71 340 5! *5ti 2

250 (.l.V, 4

! 2c.s y; 157 2

; i i 4

'

\ 58.148

••Revised. J> Preliminary.§ Sales and value figures include bonds of the International Bank for Reconstruction and Development not shown separately; these bonds are included also in computing average price of

all listed bonds shown on p. S-19.cf Number of stocks represents number currently used; the change in the number does not aflect the continuity of series.

July 1!).",.-, SUEVEY OF CURRENT BUSINESS S-21


1954


berDecem-

ber

1955

Janu-ary


INTERNATIONAL TRANSACTIONS OF THE UNITED STATES

BALANCE OF PAYMENTS (QUARTERLY)*

Exports of goods and services, total mil. of doL.Military transfers under grants, net doMerchandise, adjusted, excluding military trans-

actions mil. of dol-.Income on investments abroad doOther services and military transactions do

Imports of ffoods and services total doMerchandise, adjusted d" doIncome on foreisn investments in U. S. d o . . .Mîlitarv exnenditures do

Balance on °"oods and services do

Unilateral transfprs fnet^ total doPrivate doGovernment do

U. S. long- and short-term capital (net), total...-do

Crovpmmpnt do

Forpiffn Ion?- and. stiort-tprin c&Dit&l fnpt) do

Oold salps rnuroliasps ( )1 do

Errors and omissions do

FOREIGN TRADE

Indexes

Exports of U. S. merchandise: %Quantity 1936-38=100Value doUnit value _ _ _. __. do

[mports for consumption: %Quantity _ __ _ doValue doUnit value _ do

Agricultural products, quantity:Exports, U. S. merchandise, total:

Unadjusted 1924-29-100A. dj listed do

Total, excluding cotton:Unadjusted doAdjusted . do

Imports for consumption:Unadjusted doAdjusted __ do

Shipping Weight

Water-borne trade:Exports incl reexports! thous. of long tonsGeneral imports . _ do

Value*

Exports, including reexports, totali mil. of dol_-By geographic regions:A

Africa - . thous. of dolAsia and Oceania doEuronc - doNorthern North America doSouthern North America doSouth America _. _ - . d o

Total exports by leading countries:AAfrica:

Egvpt - doUnion of South Africa do

Asia and Oceania:Australia, including New Guinea.. . . . . ... _do._-British Malava doChina, including Manchuria . . doIndia and Pakistan _ __ doJapan doIndonesia doRepublic of the Philippines do

Europe:France doGermany doItalv -_ _- - -- - _ - - - _ do .-Union of Soviet Socialist Republics-. . doUnited Kingdom do

North and South America:Canada do

Latin American Republics, total doArgentina doBrazil . . _ doChile do-

Colombia doCuba doMexico, - . - _do _ _Venezuela .... do _._

281571203

141405286

92119

133156

9698

6,5528,892

1, 400. 2

49, 427203,673277, 816267, 972132, 863146, 857

3,45221, 528

18, 3232,857

021, 36062, 3578, 740

26, 473

25, 37339, 65726, 9551

46, 351

267, 969

264, 6296,058

40, 8345,494

29, 51036, 68454, 02947, 433

5,6881,002

3,478483725

4,2202,754

108685673

+ 1 , 468

—1, 494— 114

- 1 , 380

—399—375

- 2 4

+253

+8

+164

296600203

164474289

92132

120150

106114

6,5709,845

1, 473. 4

59, 854182,021292, 509243,068123, 846151, 344

3, 42921,335

14, 3832,275

013, 47856, 5568,317

23, 878

34, 06534, 83732,186

2346, 462

242, 972

263, 64011,39643, 0206,074

31 35934, 20848,19741. 618

261526201

139400288

75110

115145

8189

6,3869,154

1, 291.0

46, 763176,915250, 208220, 000119, 583162, 506

2,75317, 093

17, 5743, 292

017,13243, 9825,189

22, 876

22 58633, 22021, 581

8650, 501

219. 981

268, 01810, 29148, 6014,602

30 73232, 79843, 75146, 966

236470199

140403287

6480

97101

7885

6,3399,133

1,155.1

49, 525141,806228, 086215, 427118,891155,118

2,97617, 201

17,8862, 447

012, 95032, 024

3, 03223, 425

21,45632, 06916, 324

7854, 610

215, 407

264, 44514, 25648, 896

4,364

26 13835, 77948. 27643, 004

4,854706

2,907501740

4,0082.457

96637818

+846

-1 ,222-104

-1 ,118

-302—305

+3

+439

+164

+75

227452199

133379284

7060

10994

8085

5,9868,971

1,111.4

49,685147,141229, 769213, 671122, 011146. 348

2,83718,878

14, 7342,412

012, 78232, 147

4, 39629, 897

22, 83031, 17117, 459

161,871

213, 657

256, 2219.342

42, 0625,947

32 59835, 35348, 54837, 237

258514199

131371283

10274

150116

7877

7,4649,000

1, 263. 5

49, 246158, 908351, 243233, 026139,932161, 733

3, 07318, 808

18, 8383,579

212, 54740, 987

4, 65731, 348

32, 47148, 90228,179

4101,657

233,012

287,15812, 34836, 552

6,801

35 27039, 95847, 31547,131

252506201

143405283

10381

147127

8184

6,6559,273

1, 245. 3

45, 632173,164352,816242, 034139, 929155, 606

3,96718, 943

21, 5992,276

016, 94544, 043

4, 06726, 559

35, 32159, 25833, 316

070, 210

242, 029

281,11815,80234, 956

7,905

28 03938, 37752, 25646, 331

5.583607

3, 501720755

3,8942,575

114651554

+ 1 , 689

—1 216— 125

- 1 , 0 9 1

—640—632

—8

+324

+70

—227

263534202

158454286

11091

146132

9188

r 6, 148' 9, 529

1,311.8

51,066196,976378, 465222, 382145, 685162, 397

4,10116, 564

18, 2603,154

021,80053, 882

5,31232, 531

34, 70851, 23637, 513

1877, 661

222, 370

292, 54312 81531, 535

9,909

32 38638, 98254, 09248. 694

234474202

149420282

9289

133133

9997

5,2819,343

1,167.9

47,990185,281335,742205,970132, 823127,460

3,61825, 200

15,4502, 755

016, 74258.034

4, 61927, 427

28,10942, 67125, 985

11274,170

205, 968

246, 80212 96821 343

5,388

27,04935 46950,41141,882

249500201

145411283

96112

143171

9190

5,9718,924

1, 230. 5

45, 231196,728372, 554221, 896125,337123,886

4, 47122,172

26, 5893,190

019, 79851, 5315,621

29, 493

27, 33950, 20632, 517

179,411

221, 882

235, 74812, 52618, 5848,212

26 25636,10249, 45740,723

5,098452

3,443522681

4,0772, 759

110643565

+1,021

—1 191— 117

- 1 , 0 7 4

—20+59—79

+102

+30

+58

269545202

173490283

108123

160183

11199

1, 341.1

52, 941232,186360, 253264. 840147, 725135, 956

7,56624, 768

18, 2933, 575

026, 86852, 4538,044

35, 723

32, 99342, 48428, 392

1578, 523

264, 835

267, 22510 27820, 225

9, 897

28 830

58̂ 99045, 351

253513203

150425283

7593

113133

9993

' 1, 262.1

56 156194 465313 436277,165142 478137 823

7,80823, 660

13, 4752,981

016,82951,239

34,870

27, 99148, 50932, 692

3364,872

277,160

265, 46510 48918, 7046,351

40 328

v 1,307. 5

- - - - -

57,836:47,004!

— - " - —

r Revised. v Preliminary.tRevisions prior to June 1954 for balance of payments and prior to February 1954 for foreign trade will be shown later.cTExcludes military expenditures. §Excludes "special category" shipments and all commodities exported under foreign-aid programs as Department of Defense controlled cargo,f Total exports and data by economic classes and commodities include shipments under the Mutual Security Program. Total MSP military shipments are as follows (mil dol')• May

1954-May 1955 respectively—264.2; 359.3; 267.6; 200.4; 152.8; 103.7; 85.1; 97.6; 85.3; 94.7; 92.2; 93.9; 131.1.AExcludes shipments under MSP and "special category" shipments not made under this program.

S-22 SUEVEY OF CURRENT BUSINESS Julv 1955


1954

May June July AugustSeptem-

ber October

1955

March April j May June

INTERNATIONAL TRANSACTIONS OF THE UNITED STATES—Continued

FOREIGN TRADE—ContinuedValue X— Continued

Exports of IT. S. merchandise, totals mil. of doL.By economic classes:

Crude materials thous. of dol__Crude foodstuffs doManufactured foodstuffs and beverages doSemimanufactures 9 doFinished manufactures 9 do

By principal commodities:Agricultural products, total do

Cotton, unmanufactured doFruits, vegetables, and preparations doGrains and preparations doPacking-house products doTobacco and manufactures do

Nonagricultural products, total mil. of dol__Automobiles, parts, and accessories, .thous. of doL.Chemicals and related products§cf doCoal and related fuels doIron and steel-mill products do

Machinery, total § . doAgricultural doTractors, parts, and accessories doElectrical§ • doMetal working§ doOther industrial do

Petroleum and productscf doTextiles and manufactures do

General imports, total doBy geographic regions:

Africa doAsia and Oceania doEurope doNorthern North America doSouthern North America doSouth America do

By leading countries:Africa:

Egypt do.—Union of South Africa do

Asia and Oceania:Australia, including New Guinea do....British Malaya do—China, including Manchuria do—India and Pakistan do.-..Japan doIndonesia do—Republic of the Philippines _.do.-..

Europe:France do—Germany doItaly - - do.-..Union of Soviet Socialist Republics do —United Kingdom do.—

North and South America:Canada do—

Latin American Republics, total do—Argentina doBrazil doChile do.-..Colombia do—Cuba do..-.Mexico do—Venezuela do —

Imports for consumption, total do—By economic classes:

Crude materials do—Crude foodstuffs do—Manufactured foodstuffs and beverages doSemimanufactures do—Finished manufactures do—

By principal commodities:Agricultural products, total do—

Cocoa or cacao beans, incl. shells do—Coffee do.__.Hides and skins do—Rubber, crude, including guayule do—Sugar do —Wool and mohair, unmanufactured do

Nonagricultural products, total do—Furs and manufactures do—Nonferrous ores, metals, and manufactures, total

thous. of dol.Copper, incl. ore and manufactures do...Tin, including ore do.-.

Paper base stocks do...Newsprint -do—Petroleum and products.. do—

1,390.8

144, 39073, 43167, 773151,981953,198

254, 55864, 48427, 73570,13721, 99123, 085

1,136. 2134, 64486, 59028,16038, 639

259, 41314, 03530, 40866, 48618, 744

117, 706

59, 75651, 469

829, 059

55, 498144,901159,216193, 273110, 430165, 736

2,2449, 790

9,04614, 786

34817,88822, 82413, 03623, 686

12, 25621, 86410, 8651, 065

40, 430

193, 263

261, 3297,112

44, 99117,81138, 26049, 39223, 52438, 634

830,100

204,011168, 443106, 091174, 766176, 789

328, 00315, 049

106, 6336,69321,40142, 94819, 576

502, 0987,173

98, 27831,20111,25420,11249,61165, 625

1, 462. 2

168, 72464, 64662, 022152,3161,014,464

266, 44483, 70628,48158, 09519, 64723,215

1,195. 7113,05491, 05129, 70139, 644

243, 08310, 722

' 27, 92163, 56819, 885

110, 631

65, 49449, 684

946, 371

57, 234155, 595178, 348219, 569108,450227,177

1, 6587,779

9,65518,848

18916,81623, 67217, 59631, 781

14, 68324, 52210, 7541,146

45, 022

219, 527

318,07211, 52639, 95737, 37272, 75738, 47226, 74240, 757

972,886

227,154199, 964110,828242, 391192, 550

372, 58828,824127, 5064,885

26, 94947, 69921, 963

600,2985,375

153,49648, 88919, 78228, 04852, 52967,816

1,281.3

123,00565, 49355, 430

154, 748882, 628

213,21543, 29023, 50562,14921, 24523,040

1, 068.1104, 69487, 44825,61741, 668

231,18611,81827, 36361, 27015, 235

104, <

56, 57545, 461

821, 662

42,317133, 020159, 983201, 80091, 546192, 996

1,6469,418

9,61112,182

11819, 30522, 23510, 99727,814

13, 06520, 9509,724999

39, 562

201, 558

268, 34511,41538. 96123, 68057, 54734, 52719, 53437, 938

820,107

186,377159, 32093, 6601191, 254189, 496

301,11623, 267101, 7484, 696

17, 61039,19, 022

518,9916,570

97,13437,3128,982

23, 88447,01164, 714

1,145.!

122,11255, 63753, 281151, 742762, 983

190, 43835, 40319, 75658, 20018, 43522, 216

955. 383,18185,41131,92543, 375

204, 73110, 08926, 70650, 09620, 62189, 231

53, 40248, 997

824, 341

40, 599148,552162, 231206, 36490,176176, 423

1,9477,708

10, 57817, 496

26117, 49927, 43416, 23024, 604

12, 67424, 84111,8041, 038

38, 860

206, 260

252, 3608. 942

34, 56014,81851, 58337, 6624, 36538, 674

826, 495

207, 907142, 49896,615193, 869185, 606

304, 75116,18090, 4164, 896

27,21441,74019, 047

1,100.8

126, 76346, 36259, 721

141, 344726, 646

193, 80538,16420, 44849, 06316, 78137, 827

907.081,36681, 62628, 69641, 204

211,0758,19222,57757, 54713, 48298, 596

46, 89251,017

780, 641

31, 571142, 988171, 242204,""68, 946161,109

7275,73'

13, 88313,519

69519, 03927, 33613, 53722, 665

12,12623, 63510, 9541,604

42, 386

204, 599

216, 3328,01634,18115, 28534, 59426, 80819, 55840,138

776, 900

197, 68'115,04986, 540

194, 874182, 751

260,13717, 29164, 886

3, 68622, 56430,61118,

521, 744 516. 7644,805

96,19632, 542116,05525, 087152,063163,109!

I

5,297

89, 04831,767113, 660!25, 56047, 48764. 401

1,251.8

224, 60164, 28968, 071163, 646731, 209

311,85767, 84225, 37963,30921,99275, 505

940.080, 93493, 03635, 60145, 660

214,8547, 236

23,37858, 77514,18099, 743

57,11457, 434

763, 470

37,873127, 342182, 073201, 67069, 231145, 284

6106,851

7,62615, 765

26915, 26824, 36018, 38317, 435

14, 98525, 38014, 308

52441, 263

201, 624

194, 2066, 52659,1256,724

15, 55419, 79120, 95037,412

761, 288

182, 049123, 59176,189186,315193,145

252, 49112, 82275, 9933, 967

24, 37116, 65117, 689

508, 7972,838

73,29017, 79716,10825,421;49,65167,032

1, 233.8

217,11766, 96874, 759156, 999717, r

332, 47574, 45727, 27361, 78524, 527

r 46,073

901.491,07186,12031,73141, 439

228,'7, 437

24, 51861, 43717, 044106, 971

55,38353, 627

838,772

44, 288129, 904196, 704211, 04572, 250

184, 580

4906,248

7, 76815,001

95117, 25027, 04313, 46215, 873

15, 84329, 92014, 824

89035, 455

210, 750

237, 3745,894

55, 64313,04437,09~14,99221,04248,550

831,593

185, 505163, 01882, 040203,156197, 873

288, 05018,788

106, 0793, 75223,18812, 88015, 689

543, 5432,124

82, 97225, 75917,04127, 06854, 28474, 077

1, 300. 5

205,17283, 50665,893171, 260774, 653

340, 22594, 62220, 72279, 72524, 23131,980

960.3111, 62585, 99527, 94253, 990

234, 6557,752

25,81859, 35316, 712

112, 747

55, 21854, 588

941,772

57,877121,314208, 253215, 641107, 012231, 674

1,3795, 972

6, 97914, 55f

72617,04'25, 03814, 2389,814

14, 04423, 84214,188

91957,110

215, 620

311,8696,962

96, 84215, 00340, 43017, 68927, 85051, 792

930,83^

206, 347242, 02271, 546

218,178192, 742

360, 95730,821174, 3743,171

24, 48010, 42315, 444

569,87811,990

97, 32428, 38214, 97422, 67£52, 96387, 896

1,154.8

154,14776,15158,047171, 268695,160

274, 90863, 54518, 69073, 05922, 92025, 564

879.9108, 74279, 78120, 23055, 766

225,8708,87226, 06264, 07414, 872100, 900

46,35647, 261

870,118

45, 383151, 478163, 328183, 452144, 987181,

1,5007,512

15,83011,634

84321, 89334,41615, 25716, 728

12, 80521, 9269,740692

35, 510

183, 42^

297,4047,585

56, 44912, 72f38, 72236, 41240, 97647,716

861,971

201,198, 25386, 843

198, 595176,121

358, 68919,055140,1793,924

27, 71936, 50221, 593

503, 2829,394

75, 00323, 36311,67222, 40246, 73285, 202

1,219.2

147, 39683,13364,069182, 326742, 24'

275,81559,01020,31481,44421,89522,986

943.4117,489

84,05727,08757, 373

240,03510,36228,61669, 55415,258103,915

46,76949, 627

849, 673

50,760140,966180,016183,830138,177155,926

1,8217,914

4,15815,904

81421,18922, 52617,84317,830

13,16622,51413, 486

1,14:

48, 68:

183, 774265, 568

9,22236, 04514,99032,81234, 52441,79"46, 602

843,518

204,433169,29482, 65f

208, 996178,140

318, 94522,471

107, 8993, 506

30, 35836, 33517,518

524, 5749, 975

88, 20'29, 48515,03'22,21043,20084, 760

1,328. 3

152, 28496,34469, 368

188, 490821, 849

295, 20969, 56424, 869102,10220, 74326,769

1,033.1136, 26193, 30722, 94266, 739

267, 87812,60131,69471, 53816, 685

121,187

49, 97363, 286

1,018,253

65,146188, 066225, 224!212,6941145,133181, 988

4,51510, 593

13, 85420, 9061,034

25, 70134, 509118, 37622, 673

19, 83631, 94921, 298

86655, 466

212, 656

297,52613,19840, 587117, 482132, 07545, 39840, 47458, 568

1,249.2

136,24957,19861,703191,186802, T "

209,80845, i"22, 69059, 07422, 38015, 573

1,039.4148,11799, 27140, 08568, 432

284, 70113, 75031, 59577, 45815, 734

116,'

49, 33857,27

r 870, 748

56, 291159,534179,647204,344116,981153,951

3,3816,321

13,29719,629

74416,66628,17118,33722, 620

16,04726,16614,183

81050,370

204,32:

251,19311,04843,92217,25819, 994136, 81032, 3."44,190

1,004,776 i 872,528

254,171178, 541104, 408229, 998237, 657

372, 28426, 086105, 4136,181

39, 47044, 38426, 404

632,491

7, 8531

95,32031,12915,09928, 28851, 45195,062

224,817146,71392,409210, 859197, 730

310,49018,01990,8824,342

40, 66137,14423, 629

554,0396,452

98,36330, 49512.09321,94550, 32074,215:

952,000

r Revised. P Preliminary. {Revisions prior to February 1954 will be shown later. 1 See similar note on p. S-21.9 Data for semimanufactures reported as "special category, type 1" are included with finished manufactures.§Excludes "special category, type 1" exports; electrical machinery data are excluded through 1954 only. > _cf Exports of jet fuel (totaling $1,719,000 in 1953) are included with petroleum and products beginning January 1954; with chemicals prior thereto.



1954


berDecem-

ber

1955

Janu-ary


TRANSPORTATION AND COMMUNICATIONS

TRANSPORTATIONAirlines

Operations on scheduled airlines:Miles flown, revenue thousandsExpress and freight ton-miles flown doMail ton-miles flown _ _ . . _ doPassengers carried, revenue doPassenger-miles flown, revenue millions „

Express Operations

Transportation revenues _ thous. of dolExpress privilege payments _ _ do. _.

Local Transit Lines

Fares, average cash ratef _. _ cents_Passengers carried, revenue __ millions.Operating revenues thous. of doL.

Class I Motor Carriers (Intercity)

Carriers of property (quarterly totals) :§Number of reporting carriersOperating revenues, total thous. of dolExpenses total doRevenue freight carried thous. of tons

Carriers of passengers (quarterly totals):Number of renortinsr carriersOperating revenues, total thous. of doL.Expenses total doRevenue passengers carried _ thousands

Class I Steam Railways

Freight carloadings (A. A. R.):d"Total cars _ thousands

Coal _- doCoke doForest products _ . _ _ __ doGrain and grain products doLivestock _ _ - - - - - - doOre doMerchandise, 1. c. 1 doMiscellaneous _ _ __ _ do

Freight carloadings (Federal Reserve indexes):Total, unadjusted 1935-39=100.

Coal doCoke - d oForest products doGrain and grain products _ _ _ _ _ _ doLivestock . _ _ do. .Ore _ _ doMerchandise, 1. c. 1 - _ _ - - - - _ do.Miscellaneous do

Total, adjusted - _ _ _ _ _ __ doCoal doCoke doForest products _ _ _ _ _ _ _ _ _ . d oGrain and grain products doLivestock __ _ _ _ _ _ _ _ _ ___doOre doMerchandise, 1. c. 1 . . _ doMiscellaneous __ . _ .____ _ do

Freight-car surplus and shortage, daily average:Car surplus, total number

Box cars doGondolas and open hoppers _ _ do

Car shortage, total __doBox cars doGondolas and open hoppers do

Financial operations:Operating revenues, total thous. of dol._

Freight doPassenger _ _ _ _ _ _ _ _ _ _ _ do

Operating expenses doTax accruals, joint facility and equipment rents

thous of dolNet railway operating income doNet incomej do

Operating results:Freight carried 1 mile mil of ton-milesRevenue per ton-mile centsPassengers carried 1 mile, revenue millions-

Waterway Traffic

Clearances, vessels in foreign trade:Total U. S. ports© -thous. of net tons

Foreign doUnited States _ - - d o

Panama Canal:Total - .thous. of long tons

In United States vessels do

42,75814,7806,3442,5201,363

28, 0039,903

13.6'"836

122,300

2,697412

2916518030

258246

1,377

1148493

13312753

22439

130

1128494

128144

58136

39128

126, 84523, 60988, 590

393375

15

r 762,187* 636, 285

r 60, 296r 614, 712

r 89,179' 58, 297

38, 659

49,1171.3632,285

9,8866,6453, 241

3, 4751,038

42,34414, 6696,1992,7011,525

31, 58812, 760

13.7806

119, 900

2,042844, 448807, 973

64, 697

16993,17683,93281,143

2,730M40

29163214

23285

••233r 1,343

1168593

13215841

25538

129

1118595

127155

54164

38125

86,15019,07056,783

699689

0

803, 521666,029

69, 271625, 337

98,50479, 68058, 97C

47, 6371.4432,644

9,7266,6263,101

3,3771,031

44,19013, 7936,0452,6871,514

27,0619,062

13.7749

117, 500

3,251433

35178312

31351290

1,621

1148091

12018147

25538

126

1098094

11915154

15938

125

95, 99411,93774, 775

74071624

779, 794642, 54072, 464

618, 597

90, 09471,10349,365

46,9141.4272,879

10,1717,1133,059

2,954878

37,85912, 7046,0532,4711,392

28, 80810, 759

13.8740

116,400

2,708438

2715521231

249252

1,344

1149087

12514956

21740

127

1119090

119138

59145

40126

81, 00210, 68860, 603

447442

3

804, 767664, 232

73, 422623, 326

97, 36884,07364, 210

48, 9211.4052,926

9,5116, 6592, 852

3,127985

42 09516, 4786,1602,6211,436

30,3188, 696

13.9785

114, 500

2,036856, 644819,933

65, 629

168107,37288, 26783,553

2,711452

2916219946

228248

1,348

1209897

14014789

20541

133

1119898

12913167

13739

123

72,1348,923

52,598998964

0

781, 619652, 951

62, 312607, 388

94, 02780, 20458, 329

48,1751.4022,406

9, 6606,8412,819

3,227932

43,00718, 7596,5492,6731,414

30, 78411,982

13.9816

123,400

3,629635

43230268

77246327

1,803

12410510914915011117041

136

11510511114115072

10940

125

44, 9223,402

33,0412,8542, 405

139

804,392678, 755

57, 327611,780

101,73790,87575, 402

52,7121.3442,192

10, 2777,1573,120

3, 3291,002

40 49717, 3596,4962 4161,281

32,13212,458

14.0820

127,100

2,685493

35170220

47110247

1,363

121106116143159859841

134

118106116146163

68109

40129

29, 482l ;200

20, 5052,1932,077

25

793,015669, 535

57, 515597,013

101,88494,11875, 518

48, 5211.4152,159

9, 5056,7112,794

3,132991

44 36519, 6979. 8332,5181, 426

39, 51717,161

14.0862

137,100

2, 026905,121891, 941

69, 051

16489 61684, 66779,068

2,51848736

1691853462

2391,306

114106125137133605740

127

123106119154142

62184

41135

40, 9602,348

27, 410244237

0

798,023652, 902

68, 954628, 344

60,571109,108126, 624

47, 5881.4212,625

9,2496, 6042,645

3,4041,030

*45 092115, 347

16, 574! 2 6011 1 , 485

27,2588,965

14.1784

119, 600

3,054608

50194225

4075

2881,575

110103127133132615337

123

12110312114813264

21039

134

71,0879, 568

49, 286368341

3

752, 741625, 924

65, 301590, 002

94, 07968, 66051,873

48,1611. 3572,488

8,4496,2612,188

3, 4531,065

140, 790114, 753

16, 69412 36711, 320

26 8498,993

14 1731

113, 000

2,57551142

1711772556

2431,351

113105131138124454939

128

122105124144127

56198

40136

47,1716, 445

30,14568766523

724,335611,843

55, 260564,101

93 63066,60446,133

46,0981.3822,057

8,7486, 4372,311

3,376987

1 45, 6961 18,174

1 7, 5971 2, 7321 1, 521

32,32613, 712

14.2837

126, 300

2,621447

42168171

2767

2551,444

11591

134135120495940

137

12391

13313513062

20440

144

38,4683,351

28,2301,4271,334

34

825,160703, 245

56, 487612, 029

115,39897, 73377, 866

50,9961.4232,117

3, 7601,123

1 45, 786i 17, 427

J 7, 2841 2, 9501 1, 620

29, 58011,411

14.3799

124, 200

3,433569

56205217

40179308

1,859

12095

14213312358

13639

140

12395

144133140

65177

39142

21,8102,398

11,6572,4181,834

281

795, 972673, 932

58, 231602,164

106, 43287, 37767, 009

51, 2051. 3722,222

3,6691,305

14.3801

3,06351047

17919429

307251

1,547

13010514714513752

27140

146

12810f14913915557

17740

144

r 14, 414r2,911'2,317•• 6, 350r 3, 866r 2, 048

850, 367724, 746

59, 193634, 897

114,228101, 243

3 7501,316

3,085529

47186208

23332258

1,503

13099

148153155

41296

42144

12599

15114715254

18542

140

9,5833, 383

86610,4566, 1033,788

r Revised. v Preliminary. i Beginning January 1955, data include local service operations for one carrier.tData have been revised (beginning August 1945) to include fares charged by transit companies operating in cities having a 1950 population of 25,000 or over; revisions prior to August 1952

will be shown later.§Data have been revised to cover intercity carriers of all types of commodities, including common carriers of general and special commodities and contract carriers. It should be noted

that the data for 1945-53 shown in BUSINESS STATISTICS (1953 edition) and in the October 1953-December 1954 issues of the SURVEY are for carriers of general commodiMes only. Reviseddata for 1945-52 will be shown later. Revisions for the first three quarters of 1953 are shown in the January 1955 SURVEY.

cf Data for July, October 1954 and January and April 1955 are for 5 weeks; other months, 4 weeks.©Data beginning January 1954 include vessels under time and voyage charter to Military Sea Transportation Service; revised monthly data for 1953 to include these clearances will be

shown later. ^Revised data for April 1954, $40,001,000.

S-24 SUEVEY OF CURRENT BUSINESS July mv.

UnJess otherwise stated, statistics through 1952 anddescriptive notes are shown in the 1953 StatisticalSupplement to the Survey j

1954

October Novem-ber

Decem-ber

1955

Janu-ary


TRANSPORTATION AND COMMUNICATIONS—Continued

TRANSPORTATION—ContinuedTravel

Hotels:Average sale per occupied room dollars.Rooms occupied percent of totaLRestaurant sales index same month 1929=100-

Foreign travel:U. S. citizens: Arrivals number.

Departures do___Aliens: Arrivals* do- . .

Departures* do-_.Passports issued and renewed do___

National parks, visitors thousands.Pullman Co.:

Revenue passenger-miles millions.Passenger revenues thous. of dol.

COMMUNICATIONSTelephone carriers: 9

Operating revenues thous. of dol_Station revenues do.__Tolls, message do__.

Operating expenses, before taxes doNet operating income do.._Phones in service, end of month thousands.

Telegraph, cable, and radiotelegraph carriers:Wire-telegraph:

Operating revenues thous. of dol.Operating expenses, incl. depreciation doNet operating revenues do—

Ocean-cable:Operating revenues do . . .Operating expenses, incl. depreciation doNet operating revenues . do-~

Radiotelegraph:Operating revenues do___Operating expenses, incl. depreciation do . . .Net operating revenues do—

6.7175277

78,17991, 22056, 28039, 47956, 7761,190

5657,415

411,182241, 779135, 373279, 73251, 84544, 514

16, 73015, 004

904

2,7241,940539

2,5162,157222

7.2575267

92, 068130,16857, 06652, 26653, 4322,472

6218,167

415, 760243,104138,921285, 34749, 88944, 621

17, 76815, 4451,499

2,8481,999579

2,6202,191285

6.9166237

113,018127, 50762,05046,236'36,7074,127!

5777,601

414, 837240, 459139, 800287, 38861,95744, 766

72248

146, 74294, 03464, 50443, 53034, 2634,213

6408,422

421, 562243,050144, 225286, 02'55, 79044, 920

17,111 18,07215, 803 15, 555

494 1,741

2,7041,918525

2, 5992. 21248

2, 5951, 96'

377

7.5574

253

126, 75073, 98470, 57445,40326, 0232,010

5747,543

422,311246, 076141, 432293, 28052, 41445,129

18, 44715, 8611,856

2,7431,794701

7.7177

262

88, 70660, 49856, 75240,10021,6591,104

5837,647

431, 443251,172145, 088290, 42759, 61545, 345

18.26715, 5522,023

2,7331,721

761

2,557 i 2,611 2,6522,179 2,320 2,112

255 159 426

7.7671

250

73, 29356,13550, 47735,15422, 000

428

5407,042

431,914252, 812143,034292, 30r

58,93045, 568

17, 84315,5131,660

2,7811,853

668

2,6722, 2491

300

6.8959

229

72, 73069, 84048, 67541, 77925, 005

277

5717,474

448,387257,149154,870311,91658, 45745, 858

19, 73317, 479

973

3,0111,862

864

2,9982,35?

540

7.1773252

69,27276, 63845, 88130, 47234, 356

318

7029,224

441, 354258, 047146, 783289, 31862,14346, 093

17, 55215, 953

737

2, 6762,104301

2,7542,272333

7.2574252

80,02185, 52441, 74530, 23540,173

309

5877,710

429,188254,859137,976281, 24060, 26146, 310

16, 99614, 8801,302

2, 4521,972220

2. 6352,198351

7.0275241

91, 53598, 61551, 58638, 96356, 399

437

6007,884

454, 235260, 606157, 059307, 21059,12346, 545

19, 85916, 3322, 677

2,9332,068599

2,8932,306466

7.6573259

r 60, 675690

5437,129

449, 942261, 586151. 080299, 16561,14846, 746

18, 92015, 8252,254

2.5792,088236

2,6892,275296

6.9874277

71,0551,162

71, 626

CHEMICALS AND ALLIED PRODUCTS

CHEMICALSInorganic chemicals, production: t

Ammonia, synthetic anhydrous (commercial)short tons...

Calcium carbide (commercial) doCarbon dioxide, liquid, gas, and solid doChlorine, gas doHydrochloric acid (100% HC1) doLead arsenate (acid and basic) doNitric acid (100% HN03) do. .--Oxygen (high purity) mil. of cu. ft._Phosphoric acid (50% H3PO4) short tons..Sodium carbonate (soda ash), ammonia-soda process

(58% Na2O) short tons._Sodium bichromate and chromate doSodium hydroxide 000% NaOH) doSodium silicate, soluble silicate glass (anhydrous)

short tons--Sodium sulfate (Glauber's salt and crude salt cake)

short tons--Sulfuric acid:

Production (100% H2SO4) thous. of short tons__Price, wholesale, 66°, tanks, at works

dol. per short ton_-Organic chemicals:

Acetic acid (synthetic and natural), productionthous. oflb._

Acetic anhydride, production doAcetylsalicylic acid (aspirin), production doAlcohol, ethyl:

Production thous. of proof gaL-Stocks, total do

In industrial alcohol bonded warehouses doIn denaturing plants do . . .

Used for denaturation doWithdrawn tax-paid do

Alcohol, denatured:Production thous. of wine gaL.Consumption (withdrawals) doStocks do

Creosote oil, production thous. of galEthyl acetate (85%), Production thous. of lb_-Glycerin, refined (100% basis):

High gravity and yellow distilled:Production doConsumption doStocks do

Chemically pure:Production doConsumption doStocks do

Methanol, production:Natural (100%) t thous. of gal..Synthetic (100%) do

Phthalic anhydride, production thous. oflb._

249, 83759, 98465, 720247, 89063, 2701,055

157, 7051,823

263,086

413, 2689,530

287, 773

54, 730

65,409

1,178

22.35

31, 75453, 3361,072

36, 52146, 54925, 86820, 68132, 636

725

17, 57417, 5907,37015,4176,436

5,4756,68518, 775

11, 6548,41827,120

16212, 90520, 233

216, 78656, 54476, 725243,72960,122

323149, 3831,768

240,009

378, 2338, 968

289, 484

50, 383

62, 785

1,108

22.35

30, 53750, 3421,227

37, 30451,13330. 78020, 35332, 357

835

17, 55917, 4467, 48315, 0576,039

5,9856,16919, 201

14,0239,19327,161

15113,14719, 652

211,31054,35178,407

245,109158, 210

0162, 502

1,611221, 223

380,0617, 559

291,039

39,073

62, 457

1,067

22.35

38. 75457,415

922

34, 60855, 77735, 690 i20,08 ' '27, 603

69"

14, 90615, 6786,704

13,1515,376

3,7405,753

16, 791

10,1968,662

23, 520

152113, 735;18, 532!

222, 43058, 43577, 697

243, 40359, 504(0

166, 1921,723

232,995

374,8317,049

284, 240

39, 983

62, 930

1,097

22.35

36, 11161, 7771,136

32, 85057, 50936, 44321, 06629, 956

923

16,18115, 8787,0029,1886, 212

4,0865,46015,939

12, 3919,53123,011

16012, 97919,129

210, 93859, 57869, 420244, 25261, 8710)

167, 0121. 694

219, 823

390, 2807,263

286, 262

60, 910

63,000

1,121

22.35

44, 69169, 2821,151

30, 65056, 55235, 99620,55629,825

854

16,10616,8176, 2769,7525,952

5,0675,90915,005

11,9649,499

20, 546

18412, 89622,136

230, 09860,91559.186260,05264,482(0

184,1881, 932

245, 893

408, 5598,452

299, 587

55, 728

71, 948

1,183

22.35

42, 00269,1041,250

28, 79353, 58732, 88720, 70029, 733

941

16, 06016, 8055,5129,2406,960

4,6635, 92213, 435

11, 6319,27917, 889

17715,31924, 647

238,46358, 85746,477250, 95262, 9980)

193, 3431,998

257,550

399, 9617,913

292, 587

49,760

71,116

1,255

22.35

41,50266, 302

932

33, 55254, 08933,88120, 20832, 386

984

17,47117, 3685,5008,9927,125

4,8045, 77612, 782

12,9178, 96617, 445

16316, 46424, 072

253, 68760, 51644, 834259, 44566, 3720)

199,1402,214

264,317

385, 2708,707

300, 604

53,066

71,485

1,300

22. 35

41,06963, 5781,142

33,65153,91133, 63620, 27531,839

755

17,17317,3405,43410, 6825,105

4,9815,87311,856

15,6799,27118, 523

17616, 97428, 376

270, 36362, 38842, 666260,35767, 4940)

213, 7322,349

276, 286

385, 7879,000

301, 769

49, 451

75, 973

1,313

22.35

43, 07167, 8861,194

35, 30452, 11131, 70520, 40635,045

703

18, 86219,3464,9349, 5657,336

(2)(2)(2)

2 18, 5662 14, 8362 30,073

17015,39325, 798

249, 39853, 80440, 551

232, 82662, 7510)

190,1082,132

289,323

359, 5698,181

275, 326

50, 490

69,511

1,266

22.35

36, 94460, 353

1,202)

33,01553, 05731,78021,27732, 792

672

17, 67717,1745,4558,9348,395

2 17, 275|2 14,642|

285, 23972, 522

r 53,813269, 319

69, 5991,328

206, 932r 2, 466

312, 208

420, 0859, 538

317, 245

62,841

r 68,483

1,388

22. 35

48,10078, 590

1,509

35,61548,09327, 30020, 79337, 855

927

20, 40420, 644

5,23811,0644,571

2 20, 032M6,306

2 28, 3911 2 28,699

16715, 53130, 450

15713, 82524, 976!

• 286, 567r 71, 923

57, 241235,158' 59,266

1,157201, 956

2,411•311,551

387,2429,6571

278,266|

48, 451

66, 972

1,339

22.35

45, 25672,127

1,217

37, 78449, 71727, 98821,72936,230

650

19, 504120,156!

4,50410,1679,006

2 18, 3452 15, 692|2 26,913

18515, 886!29, 2631

296,55774, 505

294, 8469, 662

191, 743

442, 594

336," 554

1,373

J> 22. 35

2 20, 4612 15, 8482 27, 061

r Revised. v P re l imina ry . * No t available for publ icat ion. 2 Beginning J a n u a r y 1955, da t a for h igh-gravi ty and yellow-distil led glycerin are combined wi th chemically pure glycerin*New series. Compiled b y the 17. S. Department of Justice, Immigration and Naturalization Service. D a t a relate to the arrivals and depar tu res of aliens, b y sea and by air between ports

of the Uni ted States and noncont iguous foreign terr i tory. These statistics do not include border crossers, seamen, mil i tary personnel, traffic be tween cont inenta l Uni ted States and insularpossessions, and cruise t ravelers . D a t a prior to 1953 will be shown later. (Old series covered emigrant and immigran t aliens only.)

9 D a t a beginning J a n u a r y 1954 cover 38 companies (those having an annua l gross opera t ing revenue of $1,000,000 or more) . However , the smaller n u m b e r of companies continues to accountfor over 90 percent of the a n n u a l gross operat ing revenues of the indus t ry . ^Revisions for 1952 (also 1951 for ammonia and hydrochloric acid) will be shown later

July 105; SURVEY OF CURRENT BUSINESS S-25


1954


berDecem-

ber

1955

Janu-ary

Febru-ary


CHEMICALS AND ALLIED PRODUCTS—Continued

FERTILIZERS

Consumption (10 States) 9 thous. of short tons_.Exports, totalt short tons_.

Nitrogenous materials doPhosphate materials t doPotash materials do

Imports, totalt doNitrogenous materials, total do

Nitrate of soda doPhosphate materialst doPotash materials.. do

Price, wholesale, nitrate of soda, crude, f. o. b. cars,port warehouses dol. per short ton..

Potash deliveries short tons..Superphosphate (100% A.P.A.)cf

Production short tons..Stocks, end of month do

NAVAL STORES

Rosin (gum and wood):Production, semiannual total-Stocks, end of periodPrice, gum, wholesale, "WO"

.drums (5201b.)--do

' grade (N. Y.), bulkdol. per 100lb__

Turpentine (gum and wood):Production, semiannual total bbl. (50 gal.)--Stocks, end of period doPrice, gum, wholesale (N. Y.) dol. per gal__

MISCELLANEOUS

Explosives (industrial), shipments:Black blasting powder thous. of lb__High explosives do

Sulfur (native):Production thous. of long tons__Stocks (producers') do

FATS, OILS, OILSEEDS, AND BYPRODUCTS

Animal fats, greases, and oils:Animal fats:

Production t thous. of lb__Consumption, factory . doStocks, end of month do

Greases:Production doConsumption, factory doStocks, end of month do_ __

Fish oils:Production! doConsumption, factory doStocks, end of month do

Vegetable oils, oilseeds, and byproducts:Vegetable oils, total:

Production, crudet ..mil. of lb. .Consumption, crude, factoryt doStocks, end of month:!

Crude doRefined § do

Exports thous. of lb—Imports, totalt do I

Paint oils doAll other vegetable oilst do

Copra:Consumption, factory short tons_.Stocks, end of month doImports do

Coconut or copra oil:Production:

Crude thous. of lb_-Refined do

Consumption, factory:Crude doRefined do

Stocks, end of month:Crude doRefined do

Imports doCottonseed:!

Receipts at mills thous. of short tons_.Consumption (crush) doStocks at mills, end of month do

Cottonseed cake and meal:JProduction .short tons._Stocks at mills, end of month§ do

Cottonseed oil, crude:tProduction thous. of l b . .Stocks, end of month do

Cottonseed oil, refined:Production t doConsumption, factoryt do

In margarinet do-_Stocks, end of month§t mil. of lb~-Price, wholesale, drums (N. Y.) dol. per lb--

974310,0716,966

292, 5388,526

249, 842179,33367, 51720,5918,079

53.00148, 040

187,310204, 755

8.75

.60

78655,330

4653,193

304,763119,467262,393

49, 64122,60669,182

8,31711,04734, 753

429495

7931,223

110, 59328, 839

1,41027, 429

27, 59910, 43327,726

35, 48130,122

46, 73027,072

43, 21610,4379,741

22356556

161,713193,472

124,21284, 728

151, 578174,46233,425

1,069.213

'459264, 68623, 762

227, 69310,716

231, 784184, 599104, 41914,1573,049

53.0080,404

169,497254, 727

8.65

.60

54158,489

4553,203

309,102113,337245, 855

46, 87924,15768, 982

19,16411,40744,101

382445

7091,150

155,01239, 9264,402

35, 525

29, 94914,87734,208

38,16532, 263

48,87928, 659

44,31310, 9509,905

21270307

126, 729198,062

94,88454,013

106, 431139, 76027,384

996.224

171306, 75124, 293

268, 81510,112

111,83976, 58335, 66612, 5327,595

53.00100, 715

136,218282,846

8.55

.60

52755,395

4723,259

307, 27189, 573

251, 266

46,07219,14772, 512

25,90311, 03856,026

366346

6291,086

150,17833,8925,73128,160

26,87116, 44631,106

34, 92523, 211

35, 50320, 608

10,1219,448

128207229

103,175203, 321

77,09742, 249

78, 738108, 80224,141

954.224

152400,10539, 477

346, 41911,358

141, 62494, 90531, 55011,61018,705

53.00124, 035

151,945299,071

300364, 33929, 881

323, 7346,858

202,152139,91437, 4399,175

31,925

53.00137, 309

159,330286, 856

1,005, 880891, 850

i.65

.72

72260,424

4623,289

310,353127,022233,363

47,02623, 98772,888

13,41010,26951, 260

380416

5931,018

72, 23243, 9012,078

41,823

24,32720, 44624, 558

31,09730,092

45,41928, 561

52,3349,314

13, 524

449250428

121,257188, 910

82,89035,881

82,186147, 20629, 253

888.219

8.75

327, 910181, 710

.72

75459, 571

4393,229

325,073131, 975224, 215

46,74624, 26771,630

26, 73213,14965, 710

440435

575933

40, 63638, 2813,868

34, 413

30,07227, 50834,016

38,36532,933

49,27628,770

48, 7709,982

14, 665

1,243532

1,140

260, 531204,976

165,41870, 954

108, 518154, 43038, 980

825.215

508453,85320, 585

420, 4359,030

155, 497100, 36133, 7258,690

24, 381

51. 25167,285

184, 713277,595

.72

9358, 619

4543,240

355,012127,040213,063

49,36228, 42966,338

12, 51411,34056, 222

599532

924

120, 90054,0261,058

52, 968

33,81121,80829, 533

43,15930, 698

47,97427,433

52,34310,31816,277

1,503684

1,959

330,412243,422

219,744105, 742

161, 362148,13633, 553

817.210

487225, 27632, 820177, 96412,214

196, 532152, 75052, 30213, 50219, 340

51.25150, 221

192, 554295,719

9.25

.72

1,08357,824

4673,210

388, 542129, 907223,411

53, 95827, 46473,142

6,17913, 62566,107

57536

677834

126,09747, 0326,607

40, 425

25, 25716,13324,148

33, 21625, 685

40, 85122,382

63,33611,12918,019

1,142659

2,442

320,340251, 547

215,781144, 267

161,193156, 93733, 557

713.203

369291,79422, 733251, 99610, 759

214,033189,05884, 5558,9865,

51.25154, 317

206, 309326, 579

9.25

.74

53,594

4783,228

426,037129, 738254, 218

55, 76927,09875, 025

6,47111,07463, 560

551521

669799

124,96034,0063,058

30, 948

27, 67816,05324,

35, 53727, 441

41, 95025,021

68,73310,3446,402

6092,321

294,034245, 510

196,923146,394

157, 682146,16729, 997

668.204

511283, 84549, 490216, 27010, 529

227, 564189, 99559, 3599,29412, 868

51.25187, 873

209,017347,161

9.20

1,01752, 571

4473,214

465,537193, 206412,194

3 5323 8, 2753 51,494

547524

674806

107,56340,0512,04938,002

29,21116, 57925, 448

36, 74728,899

43,61324,231

68, 71511,98210,459

119598

1,842

293,109242,133

196,278141, 494

159,433144, 29528, 524

661.206

786313, 45697, 057172, 07421, 039

236, 247165,44949, 46311,19441, 339

51.25200,115

210,165347, 728

1.20

.64

81053,167

4003,201

1417,8371197,710i 415,127

3 3123 8, 391»47, 554

487

671689

168, 75845, 3066.858

38| 448

22, 41515, 73619.810

28, 73727, 596

43,04324,327

61,01211, 77214,617

84514

1,412

254,430257,064

169, 946145, 221

141, 2521141, 288

25, 294546

.206

1,839273,003

59, 568183, 344

24, 519

353, 695256, 702

70, 53520,12648,161

51.25266, 832

228, 764• 274,322

864,190798, 590

9.20

289, 890176,110

.64

87658, 535

4353,091

i 454,822i 203,837i 415,106

3 3453 10, 5643 46,141

493564

645714

27, 24840, 2331,402

38, 832

28, 34415,31334, 819

36, 06832,005

49, 80128, 476

68,57311,84412, 225

36438

1,010

218, 928278, 909

150,978125, 738

161,402138, 285

28, 949568

.198

1,650364,240

76,515268,969

11,172

241, 269177, 02961,015

9,71225, 904

51. 25235, 857

' 233, 572' 221, 442

9.20

.64

68562, 651

4382,996

1 410,1361 196, 4261 409, 530

' 3 1,4153 12, 7323 36, 962

441486

617703

24,97038, 601

2,60236,000

31, 08916, 67425, 234

40, 43828, 240

43, 34227, 496

73, 99611,0549,633

13318705

154,119273,098

110, 834106, 593

117,110119, 302

19, 165562

.199

p 51. 25164,410

210,311245, 824

»9. 20

.64

34665,632

4562,927

1 424,8151 208, 2641 410, 501

3 9,043 11, 4383 44, 037

579657

28, 01119, 231

36, 05629, 282

46, 34429, 755

73,1199,554

13285433

139, 630266, 945

101, 98796, 409

105, 709135, 36621,325

527P . 207

r Revised. v Preliminary. 1 Beginning 1955, data include greases (other than wool) and both crude and refined products (except that production figures exclude refined lard); refinedproducts (not included prior to 1955) are no longer reported separately from crude. 2 Beginning 1955, data are included with animal fats; see note 1. 3 Beginning 1955, data may includesome refined fish oils (not formerly included); figures included for consumption and stocks of cod, cod-liver, and other liver oils are incomplete.

9 States represented are: North Carolina, South Carolina, Georgia, Florida, Alabama, Tennessee, Arkansas, Louisiana, Texas, Oklahoma. According to quarterly reports from Virginia,consumption in that State is as follows (thous. short tons): 1954—January-March, 305; April-June, 315; July-September, 78; October-December, 81; 1955—January-March, 287.

tRevisions for 1952 will be shown later.cf A. P. A. (available phosphoric acid).§ Includes stocks owned by the Commodity Credit Corporation (beginning January 1952 for refined oil and from May 1953 through June 1954 for cake and meal).

S-26 SURVEY OF CURRENT BUSINESS July 105:


1954

M a y June July AugustSeptem-

ber October Novem-ber

Decem-ber

1955

Janu-ary


CHEMICALS AND ALLIED PRODUCTS—Continued

FATS, OILS, ETC.—Continued

Vegetable oils, oilseeds, and byproducts—Con.Flaxseed:

Production (crop estimate) thous. of bu..Oil mills:

Consumption doStocks, end of month do

Price, wholesale, No. 1 (Minneapolis)_dol. per bu..Linseed oil, raw:

Production thous. of lb_.Consumption, factory doStocks at factory, end of monthcf doPrice, wholesale (Minneapolis) dol. per lb_.

Soybeans:Production (crop estimate) thous. of bu~Consumption, factory doStocks, end of month do

Soybean oil:Production:

Crude thous. of lb_."Refined do

Consumption, factory, refinedd" d o —Stocks, end of month:

Crude do___.Refined d" do___.

Price, wholesale, refined (N. Y.) dol. per lb..Margarine:

Productioncf thous. of lb_.Stocks (factory and warehouse) <? d o —Price, wholesale, vegetable, colored, delivered

(eastern U. S.) dol. per lb_.Shortening:

Production thous. of lb..Stocks, end of month d o —

PAINTS, VARNISH, AND LACQUER §

Factory shipments, total thous. of doLIndustrial sales do___Trade sales do___

SYNTHETIC PLASTICS AND RESINMATERIALS

Production:Cellulose acetate and mixed ester plastics:

Sheets, rods, and tubes thous. of lb .Molding and extrusion materials do_._

Nitrocellulose sheets, rods, and tubes do___Other cellulose plastics do___

Phenolic and other tar acid resins do_Polystyrene do_Urea and melamine resins do..Vinyl resins do_Alkyd resins do_Rosin modifications do .Miscellaneous resins do .

2,079596

3.99

40, 34335,141

375,137.142

17, 54633,454

193, 327186, 09'182,924

127,599103,331

. 204

102, 84425, 462

.283

177, 93496, 309

123, 07145, 27577, 796

2,8125,370

483401

32, 80535,03918,63042,16330,15212,13825, 500

2, 2481,1793.88

44. 29339, 263

331, 862.153

15, 43724,5'

171,614175,831180, 938

114,14296,919

.209

90, 33424, 643

.283

151,717115,786

131, 92646, 53185, 395

3,3236,416

431430

29, 59233,25018,17443,81431, 98810,34423, 7221

2, 5961,7823.63

50, 22341,176

231, 572.160

15, 36115, 321

173,189127, 217146,845

132, 22178, 743.209

87, 33922, 810

.283

112,33698, 826

118,02441,18276, 842

5,193271371

21, 68028, 08613, 37136, 48628, 0049, 760

22, 342

3, 5451, 9463.47

69, 09743,111218,100

.160

14, 7954,894

166,116171,296169, 920

117,68378,679.213

105, 34123, 762

.283

160.463104,414

121,58445, 04276, 542

2,9627,134366548

28,82431,80818,07134, 34127, 5409, 396

26, 581

4,0582,7183.41

79,71953, 989224,903

.152

11,1409,218

125,318148,712169,341

73, 50353, 722.203

118,05119,824

.283

164,42296, 260

114,93442, 92,72,009

3,4307,840362586

33, 51937, 35219, 58844,38927,4119, 767

27. 773

3, 5754,0093.39

6S.82141, 254195,183

.145

21, 73537,312

235, 894198, 863200, 722

91,11554,679

.20.'

117,97923,615

.270

182, 323108,083

107, 49843,39064,108

3,0747,520332416

33, 05739,19621,13248, 97027,9439, 7021

32, 6711

2,9886, 0853.37

58, 48744,051214,023

.135

22, IS50, 740

239, 625210,262204, 223

96,88759, 988

.192

134,71719, 952

.267

186,148106,657

103,13!43, 44859, 684

3,0967, 350316508

32,89336, 49521,28146, 53228. 48710, 25933, 204

1 41, 534

2,75?5,29?3.38

54,16539, 68186, 697

.126

1 342, 7921,18144, 613

227, 765204,180196, 475

109, 01666, 755.195

116, 34f<27,2

178,888122, 760

93, 63341,81151, 822

3, 6626,470329452

33,01035, 20520,34449, 77330, 28,F9,209

36,105

2,3414, 5503.35

46, 20434, 933181, 92'

.123

21, 48333, 243

230, 957205, 325192, 795

118, 60280, 090

.194

124,4762 23, 763

.273

172,5152 119,826

109, 79645,0164, 779

3,2906,908414553

34, 39436, 86020, 69853, 78231,44111,35335, 806

1,8844, 2763.36

37, 05840, 974164, 731

.125

19, 77'24, 355

214, 068187,174185, 616

128,11473. 078.194

3,1382, 5593.25

59, 70343, 533171,59'

.12;

19,52517, 549

210,643219,803219, 097

1,8611, 6543.24

36, 80145, 085161, 853' .125

20, 03112, 912

218, 083199,755194, 676

107, 732! 104, 43868,183 j 66,197.187i .186

119,803 125,781 104,4072 25, 467 j 2 28, 390 2 26, 428

.2731 .273! .273

168, 263

104, 02344, 36359, 660

3,2157,177364559

37,19536,36020, 67651,65031,90910, 47837, 041

187, 778M50,179

133,31154,79

4,7,

41

2459381242

072?39

281422483744

459185956767899126259

159, 921

135,08953, 20181,888

3, 2657,574427584

39, 44841,82423, 71156,77338, 8358,420

45, 821

1 43, 396

2,0141, 0063.34

40, 707|43 619!139,750|v . 131

3.35

21,01210, 200

229,163217,411211,230

94 69564, 702p . 188

112, 5692 23, 484

182,210145, 034

ELECTRIC POWER AND GAS

ELECTRIC POWER

Production (utility and industrial), total %mil. of kw.-hr__

Electric utilities, total doBy fuels doBy water power do

Privately and municipally owned utilities do_.Other producers (publicly owned) do_

Industrial establishments, total doBy fuels doBy water power do

Sales 'to ultimate customers, total (Edison ElectricInstitute) { mil.of kw.-hr_.

Commercial and industrial:Small light and power doLarge light and power do

r 43, 535 ' 45, 022' 37, 434| r 38, 969'27,090! '29,381' 10, 344 ' 9, 588

' 31, 985r 6, 449

' 5, 678' 4 2 3

32, 531

' 32, 578' 6,391

' 6,053' 5, 684

'369

33,164

5, 694 6,00216,234 16,602

Railways and railroads do___Residential or domestic do__.Rural (distinct rural rates) do___Street and highway lighting do___Other public authorities do___Interdepartmental do___

Revenue from sales to ultimate customers (EdisonElectric Institute)}: thous. of doL

r Revised. v Preliminary. 1 December 1 estimate of 1954 crop. 2 Beginning January 1955 excludes quantities held by consuming factories,units as above): Margarine, 26,960; shortening, 119,597. ° July 1 estimate.

cf Revisions for 1952 for linseed oil and soybean oil and for September 1951-September 1952 for margarine will be shown later.§Revisions for 1952 appear in the September 1953 SURVEY; those for 1951 will be shown later.f Revisions for January-April 1954 for production and for January-March 1954 for sales will be shown later.

3798,321

818290747

579,312

3608,163

94527376950

587, 689

' 46, 026' 40,133' 31, 379

' 8, 754

*• 33, 301r 6, 832

' 5, 893' 5, 565

'328

33,894

6.49916,343

3508,4251,170

28277352

604,006

'47,1961 '45,489' 41,182' 32, 844«• 8, 338

' 34, 288' 6, 893

' 6, 014' 5, 697

'317

35,061

6,66817,060

3518,5881, 236

30580152

616,891

' 39, 539' 31, 737

' 7, 802

r 32, 969r 6, 570

' 5, 949' 5, 652

'297

35,198

6,65917,172

3498,1%\1,118

32879851

621,259

' 46, 725' 40, 459' 32, 625'7,834

' 33, 986' 6,473

' 6, 266' 5, 934

'332

35,148

6,37917, 553

3648,740

89536480449

618, 463

' 46, 440' 40, 209' 32, 093

8,116

' 33, 8816,329

' 6, 231' 5, 861

'370

35,392

6,14117,694

3919,200

72038981344

620,428

' 49, 890' 43, 449' 34,402' 9,047

' 36, 308' 7,140

' 6, 441' 6,020

421

37,092

6,27918,250

44010, 203

63741782046

644,528

50, 40443, 95534, 5269,429

36, 2947,661

6, 4486,139

309

38,198

6,38418,414

43711,071

60142182940

660,153

46, 26940, 23031, 6598, 571

33, 2307,000

6,0395,742

296

37, 654

6,31118,133

39910, 958

605379822

48

655, 779

51,15344,44934, 05110,399

36, 2488,201

6,7036,375

329

38,283

6,26919, 253

41610, 375

719371830

51

651,058

48,4231,10,

34,7,

6,6,

376035567468

257778

3410173?4

49,43,33,

9,

35,8,

6,6,

93935453Q815

396028

585977308

Comparable data for December 1954



1954


berDecem-

ber

1955

Janu-ary


GAS

Manufactured and mixed gas (quarterly) :c?Customers, end of quarter, total thousands.-

Residential (incl house-heating) doIndustrial and commercial - do

Sales to consumers, total _mn\ of therms. -Residential (in el houê-heating) doIndustrial and commercial do

Revenue from sales to consumers, total thous. of dolResidential (incl house-heating) doIndustrial and commercial do

Natural sras (quarterly) :cfCustomers, end of quarter, total thousands. .

Rpsidential (ind house-heating) doIndustrial and commercial do

Sales to consumers total mil of thermsResidential (incl house-heating) doIndustrial and commercial do

Revenue from sales to consumers total thous. of dolResidential find house-heatinsf) doIndustrial and commercial do

ELECTRIC POWER

5,8765,447

427808502299

109, 53678, 50030, 400

21, 22019, 5461,648

13,1983,7558,873

575,082314,607246,605

4ND GAS—Continued

5,8315 408

421536280252

77, 38652, 72824, 239

21,34419 7071,611

11 2371 5778,989

410 366166 266328, 550

5, 7635 341

420840545289

114, 15783 30130, 242

22, 02720 257

1 74215 2434 6929 754

691 519384 838286 716

8,5567,239

11,541

13,881

15,36511,858

864, 0011, 521

9, 5865,748

719,5671,388

6,8756,008

22395

1,41844

1,1149,842

150, 758494593

164, 520421, 997

.577

158,515126. 325521, 763494, 770

4,236

.370

1,660315, 300

5,242231, 456

9612, 312

5.39

12. 9995, 6544.61

10, 500166,000

10. 433106, 706

5,72917,231

.143

FOODSTUFFS

9,5518, 659

11, 846

14,137

14,97512, 056

864, 3281, 761

9, 3665,738

720, 6991,616

7,0916,112

186112

1,47841

89110,469

140, 525459

5, 501

160, 855468, 453

.575

155 035124. 255567, 541538,051

4,510

.369

1,730307, 500

5,010320, 487

2214, 773

5.45

12. 6005. 5284.58

10, 660155, 000

11, 956112, 120

4,32231, 787

.142

9,3028,886

11, 658

9, 523

13, 7809,604

863, 5-r31,389

5,7414,129

721, 0201,288

5,4574,825

5967

1, 45829

9369,072

130, 885332

1,590

129. 685503, 921

.578

127,180100. 160607, 993572, 290

2,562

.371

1, 950265, 000

4,723381, 143

8913,120

5.50

11, 5584,5424.72

8,730112, 250

12, 91091, 505

4,2868,080

.145

8,3708,112

11,391

8,747

13, 7539, 805

861,0341,496

5,0574,898

719,1141,316

5,3044, 506

11797

1,44935

3,3989,873

123,334364

9,020

109, 355508,476

.579

109, 57584.005

613, 238578, 765

2,934

.372

2,570239, 500

5,134410, 355

2710,488

5.54

10, 4743,9044.82

7,17583, 500

10, 78371. 584

4,1784,782

.151

AND

6,9867,138

10, 779

15, 787

15, 80313, 487

854, 5562,006

6,3557,292

715,1911,834

7, 8526.957

49159

1, 33553

26, 98511,899

139, 287424

61,975

92, 600488,618

.595

91,81567,135

613,146580, 089

4,972

.376

1,930188,000

4,762410,170

16411,923

5.55

9,3693, 2724.96

6,80065, 775

9,62454,159

3,72410, 445

.153

TOBACCO

6,1766,475

10,074

26, 958

17, 79215, 722

848,1422,344

9, 2638,610

712,0172,123

10,0368,910

85158

1,25979

65, 50512, 299

195,813544

119,756

87, 825463,183

.600

85, 69060. 540

595,953564, 533

4,558

.379

2,175158,750

5,113355, 473

26710, 526

5.56

9,0213,0445.01

6,64066, 250

8,41543, 804

2,8215,354

.154

5,6386,1429,506

21, 586

19, 54115, 883

844,4153,151

11,5788,907

710,0712,891

9,8218,868

118192

1,175108

20,79512,726

202, 620792

40,197

86, 835423,347

.601

82, 53057,180

579,933549,511

6,664

.378

1,560151, 250

4,934290, 624

4538,307

5.56

8,4742,9605.03

6,10065, 350

8,61540, 796

2,2436,054

.154

6,4866, 4409,162

16, 024

23. 00*10, 667

840, 7! 62, 444

10, 2866, 022

707, 3552.209

6,2245,500

10.K

2201,036

127

3. 62?12, 698

192, 400733

6,212

96, 975378,610

.608

89, 37061 150

548, 850518, 879

5,111

.374

2,030154, 500

3,773206, 519

528,227

5.56

8,8413,2495.03

7,10084, 800

8,24551. 250

3,13013, 830

.155

6,2165,3889,573

13, 267

12,3338, 654

842, 5881,307

8,2394,742

708, 2421,162

4,7014,012

143107

1,07230

1,926i 9,999

i 182, 237402

1,938

107, 240341, 655

.583

93, 29564, 085

522, 676492, 833

3,509

.369

2,625164,000

4,775143, 494

5311,373

5.56

9,1053,5204.98

7,25095, 400

8, 23855, 826

2,98225, 699

.154

5,7725, 3309,647

13, 753

12,94910, 007

843,2851,374

9,4705, 609

709, 6651,258

5,4854,907

22783

1,30429

1,6201 10,123

1 172, 024410

1,737

101,750314, 568

.581

90,40063, 450

499, 742470, 092

3,502

.370

2,175174,800

4,569104, 537

1914,079

5.56

8,8843,3964.93

6,40090,400

6, 71260,918

3,6162,617

.154

7,8996,902

10,193

15,671

15,76813, 403

842, 5651,802

10,7257,027

710,9701,613

7,1646,445

160112

1, 33333

1,9451 13,167

1160, 347555

3,204

119,380311,462

.579

110,94080, 760

493, 433462, 949

5,109

.370

2,950230,350

3,89597, 640

018,061

5.57

10,4474,0954.84

8,150112, 000

7,67864,126

3, 83035, 616

.153

ALCOHOLIC BEVERAGESFermented malt liquors:

Production thous. of bbl__Tax-paid withdrawals doStocks, end of month do

Distilled spirits:Production thous. of tax gaL-Consumption, apparent, for beverage purposes

thous. of wine gaL.Tax-Paid withdrawals thous. of tax gal-Stocks, end of month doImports thous. of proof gal..

Whisky:Production thous. of tax gal..Tax-paid withdrawals doStocks, end of month doImports thous. of proof gal. -

Rectified spirits and wines, production, total § tthous. of proof gal__

Whisky doWines and distilling materials:

Sparkling wines:Production t thous ofwino gal..Tax-paid withdrawals:!: doStocks, end of month t doImports do.

Still wines:Production| do.Tax-paid withdraw alsj do.Stocks, end of month:}: do.Imports. . _ _ ^ - do

Distilling materials produced at wineriesj doDAIRY PRODUCTS

Butter , creamery:Production (factory) t thous. of lb__Stocks, cold storage, end of month doPrice, wholesale, 92-score (New York)._dol. per lb__

Cheese:Production (factory), total j thous. of lb_.

Arnerican, whole milkt doStocks, cold storage, end of month, total do

American, whole milk doImports doPrice, wholesale, American, single daisies (Chi-

cago) dol. p e r l b . -Condensed and evaporated milk:

Production, case goods: JCondensed (sweetened) thous. of lb._Evaporated (unsweetened) do

Stocks, manufacturers', case goods, end of month:Condensed (sweetened) thous. of lb_.E vaporated (unsweetened) do

Exports:Condensed (sweetened) doEvaporated (unsweetened) do

Price, wholesale, U. S. average:Evaporated (unsweetened) dol. per case

Fluid milk:Production]: mil. of lb_-IJtilization in mfd. dairy products doPrice, dealers', standard grade dol. per 100 lb._

Dry milk:Production:%

Dry whole milk thous. of lb__Nonfat dry milk solids (human food) do

Stocks, manufacturers', end of month:Dry whole milk do___Nonfat dry milk solids (human food) do

Exports:Dry whole milk do—_Nonfat dry milk solids (human food) do

Price, wholesale, nonfat dry milk solids (humanfood), U. S. average dol. per lb_

8,2847,187

10,!

14, 962

15, 50411,419

844,138!

1,783

10,1225, 3611

713, 985!1,620

6,3325,718

212108

1,42042

1,317i 10, 979

U50,427539

1,530

127,980' 293, 203

.5'

126,43096. 680

•501,090• 467.671

4,195

.370

2,150256, 500

5, 783135,026

3818,612

5.57

11,2644,4854.71

8,700130,250

7,47788, 341

4,62622,455

.153

156, 980306, 344

.579

161,610128,980519,015484, r '" •

.368

1, 725326,250

5,526258,438

13,0885,591M.68

10, 450169,450

9,067125,861

.152

.368

12,665

4.69

r Revised. i Data include vermouth and aperitif wines other than vermouth.c?Revisions for 1952 appear in the October 1953 SURVEY; those for the 1st and 2d quarters of 1953 are available upon request.§Data beginning July 1954 exclude production of wines and vermouth; for July 1953-June 1954 such production totaled 41,000 gallons.{Revisions for July 1952-March 1953 for rectified spirits, etc., and wines and distilling materials appear in the June 1954 SURVEY; those prior to 1954 for other indicated items will be

shown later.

S-28 SUKVEY OF CURRENT BUSINESS July 1955

Unless otherwise stated, statistics through 1952 anddescriptive notes are shown in the 1953 StatisticalSupplement to the Survey M a y June July

FOODSTUFFS

1954

August Septem-ber October Novena- Decem-

AND TOBACCO—Continued

Janu-ary

Febru-ary

1955


FRUITS AND VEGETABLES

Apples:Production (crop estimate) thous. of bu_.Shipments, carlot no. of carloads..Stocks, cold storage, end of month thous. of bu._

Citrus fruits, carlct shipments no. of carloads..Frozen fruits, juices, and vegetables:

Stocks, cold storage, end of month:Fruits thous. oflb..Fruit juices doVegetables do

Potatoes, white:Production (crop estimate) thous. of bu...Shipments, carlot no, of carloads..Price, wholesale, U. S. No. 1 (New York)

dol. per 1001b..

GRAIN AND GRAIN PRODUCTS

Exports, principal grains, including flour and mealthous. of bu.-

Barley:Production (crop estimate) doReceipts, principal markets doStocks, domestic, end of month:

Commercial .....doOn farms do

Exports, including malt doPrices, wholesale (Minneapolis):

No. 2, malting dol. per bu._No. 3, straight do

Corn:Production (crop estimate) mil. of bu..Grindings, wet process thous. of bu..Receipts, principal markets doStocks, domestic, end of month:

Commercial doOn farms mil. of bu_.

Exports, including meal thous. of bu._Prices, wholesale:

No. 3, yellow (Chicago) dol. perbu..Weighted average, 5 markets, all grades do

Oats:Production (crop estimate). mil. of bu_.Receipts, principal markets thous. of bu._Stocks, domestic, end of month:

Commercial doOn farms do

Exports, including oatmeal doPrice, wholesale, No. 3, white (Chicago), dol. per bu..

Rice:Production (crop estimate) thous. of bags 9--California:

Receipts, domestic, rough thous. of lb_.Shipments from mills, milled rice doStocks, rough and cleaned (cleaned basis), end

of month thous. oflb.-Southern States (Ark., La., Tenn.,Tex.):

Receipts, rough, at mills thous. of lb._Shipments from mills, milled rice doStocks, domestic, rough and cleaned (cleaned

basis), end of month mil. oflb..Exports thous. oflb..Price, wholesale, head, clean (N. O.)_.dol. per lb._

Rye:Production (crop estimate) thous. of bu_.Receipts, principal markets doStocks, commercial, domestic, end of month ..doPrice, wholesale, No. 2 (Minneapolis)...dol. per bu._

Wheat:Production (crop estimate), total mil. of bu._

Spring wheat doWinter wheat do

Receipts, principal markets thous. of bu..Disappearance doStocks, end of month:

Canada (Canadian wheat) doUnited States, domestic, totalcf mil. of bu_.

Commercial thous. of bu_.Interior mills, elevators, and warehouses

thous. of bu..Merchant mills doOn farms _ do

Exports, total, including flour doWheat only do

Prices, wholesale:No. 1, dark northern spring (Minneapolis)

dol. per bu_.No. 2, hard winter (Kansas City) doNo. 2, red winter (St. Louis) doWeighted avg., 6 markets, all grades do

1,8961,302

11, 418

199,389528, 678445, 851

20, 529

3.981

32,625

6, 531

6,500

'""872

1.5181.456

10, 26325,835

16, 984

7,101

1. 5851.532

5,818

4,600

II§.770

61,87348, 757

47, 454

37,382124,217

390.6102, 422

.090

9218,7821.101

26, 953

339, 201

"291,191

24, 53521, 524

2.6692.3702.1052.544

848440

9,217

221, 658500,819443, 724

21,142

3.375

27,907

7,685

9.1213 35, 290

2, 507

1.4901.375

10, 32625,151

15, 945

5,098

1.6101.577

7,241

4,8723 202, 778

209.763

52,41036,159

43, 304

51,924102,436

327.347, 048.085

1,6848,4451.061

60. 332

349,0073 901.9

3 296, 715

3 331,6193 63. 8293 99; 038

20,09217,089

2.6422.1531.8522.293

501162

6,697

336, 630458, 007492, 594

12, 549

4.054

31, 570

8,238

11,932

~~4~927

1. 4561.323

10, 04124, 105

12,866

5,185

1.6141.581

16, 842

11, 729

217.708

36, 65629, 573

35, 968

48, 217118, 490

272.042, 229

1,00611, 7081.250

105, 576

379, 215

394, 609

20,89617, 379

2.6432.3241.9672. 358!

197245

4,743

374, 543401, 550602,309

11, 887

4.835

26, 962

28,856

20,050

~"l,"825

1.3971.290

10,60929, 369

14,831

6,912

1.6521.610

25, 750

24,900

272.721

11,47128,807

13, 287

447,848 1172, 842

361.374,435.075

1,31012,1151.275

54,867

365, 638

414, 580

17, 95214,960

2.5782.3522.1012.578

834'6,959

4,422

399, 606!338, 537)698, 084

3, 4351 2,787;1, 896 30, 995!

14, 864

3.089

21, 842

17,168

23, 495226 69.c

2,791

1.4291.328

10, 91821,352

18,0523 359. 33,629

1.6391.601

10,638

26, 3771,182, 323

345.758

10,3737,676

11,861

,113,665216,034

821.8112, 973

.074

85312,0471.428

47, 508195, 401

335, 4211, 676. 6422, 772

539,152158, 981429, 474

15, 07512,074

2.6952.3892.1622.659

5,027!

413, 657294,319709, 9151

15, 992

3.400

29, 743

14, 376

24, 258

""3,"214

1.4541.378

12,16321, 371

20, 560

4, 977

1.5401.522

7,231

26, 278

348.786

145, 67836, 349

66, 674

721,412197, 656

1,071.98, 694.083

1,04212,1611.370

29, 456

334,158

413, 494

20, 92417,082

2.7472.4112.1472.678

7,269

399,410253. 837689,266

12, 788

3.663

29, 395

15,140

26 946

"3,160

1.4561.364

12,10253, 835

50, 873

3, 853

1.4811.462

7,840

19,992

779.851

93,88129,233

96, 857

173,728121, 645

1,049. 661, 983.094

1,10811,6621.321

22,438

337, 675

387,159

21.117, 527

2.7082.4392.:2.672

[ 103, 7732, 886

24, 878

11,610

377,950248,001649, 321

355, C9914,141

3.

41,106

1 370,12610,070

27,517165, 8054,201

1.4201.290

1 2,96511, 67030, 975

60.2182,070. 29,569

1. 5221.450

1 1, 50010, 510

20,055922, 637

701.839

158,853

85,45733,125

117,630

62, 94198,056

987.944, 623

.094

1 23, 688921

10, 94C1.300

1 969.179.0790. 7

25, 923211,230

354. 8771, 465.374, 369

518, 051126, 382315,689

26,19322,331

2.7582.4652.2802.646

2,471| 2.413!18, 975[ 13,194

9, 445 8, 678

348,1631296, 333576, 981

18, 281

3.225

35, 658

16,321

27,141

~~1~326

1.4411.350

10,954

27, 831

62, 809

"~7," 2261.5241.448

12,704

20, 448

"~1,~862.814

31,94528, 489

109, 027

50,954113,344

916.542, 515

.094

1,2968,9841.420

28,032

357,151

366, 942

24, 45521,036

2.7292.4432.3382.635

309,152357, 503505,428

16, 750

3.342

43, 297

8,975

23,121

"~3~761

1.4311.413

10, 83619,423

63,192

"9,840

1.4951.434

8,193

20,499

"1,260.797

129,02870, 745

127, 276

61,315112,015

784.825,011.094

4199,3741.396

19, 823

348, 267

356, 237

27, 92423, 846

2.7562.4102.2302.610

2,4987,793

9,503

268, 216386, 726456, 995

22, 498

3.750

52, 778

10, 311

21,184117,470

5,019

1. 4391.342

11,94915, 530

56, 5111,410.0

11,434

1.4631.390

7,159

17, 887553, 252

3,061.771

125, 049133, 373

85, 952

58, 409133, 727

653.112,005

.094

1.322

27, 482254,125

333,8911, 212.351, 913

428, 636101, 468207, 920

33,10928,184

2.7082.4562.2052. 6031

2,187M, 114

9, 304

• 222, 40'•451,283• 426, 679

20, 865

r 7.167

29,690

7,140

19, 701

"3,534

1.4431.342

10.62113, 028

46, 385

'""4," 784

1.4601.439

5,392

15,866

1,782.712

119,108101,451

67,491

18, 276115,091

610.175,114

.105

2828,4981.246

24,105

328, 052

351, 749

19,49814,373

2.6682.4612.2042. 5931

r 1, 8601,694

' 9, 731

209, 384523, 553394, 933

' 18, 502

v 6. 506

9,112

' 16, 954

1.4211.291

11.52418, 433

'41,315

1.4821.4s;

6,629

.708

142,16893, 542

72,047

10, 43:88, 903

599.2

291r 6,679

1.233

38,436

322,419

>4, 462

2.7422.5312.2782.666

' Revised. *> Preliminary. 1 Estimate of 1954 crop. 2 July 1 estimate of 1955 crop.3 Old crop only; new grain not reported until beginning of new crop year (July for barley, oats, and wheat; October for corn).9 Bags of 100 lb.; prior to the October 1953 SURVEY, data were shown in thous. of bu. of 45 lb.<?The total includes wheat owned by the Commodity Credit Corporation and stored off farms in its own steel and wooden bins; such data are not included in the breakdown of stocks.

J u l y 1 !).-(5 SURVEY OF CUREENT BUSINESS S-29

Unless o therwise s t a t ed , s ta t is t ics through 1952 anddescriptive notes are shown in the 1953 StatisticalSupplement to the Survey

1954


berDecem-

ber

1955

Janu-ary

Febru-ary March April 1 May June

FOODSTUFFS AND TOBACCO—Continued

GRAIN AND GRAIN PRODUCTS—ContinuedWheat flour:

Production:Flour thous. of sacks (1001b.)._Operations, percent of capacity. _Offal short tons

Grindings of wheat thous. of bu._Stocks held by mills, end of quarter

thous of sacks (1001b.)Exports . do .__Prices, wholesale:

Spring, short patents (Minneapolis)dol. per sack (1001b.)_.

Winter, hard, short patents (Kansas City)__do

LIVESTOCKCattle and calves:

Slaughter (federally inspected):Calves thous. of animals..Cattle __. do _.

Receipts, principal markets doShipments, feeder, to 9 corn-belt States doPrices, wholesale:

Beef steers (Chicago) dol. per 100 lbSteers, stocker and feeder (Kansas City) doCalves, vealers (Chicago) _ _do

fTogs:Slaughter (federally inspected) thous. ofanimals..Receipts, principal markets doPrices:

Wholesale, average, all grades (Chicago)dol. per 1001b..

Hog-corn price ratiobu. of corn equal in value to 100 lb. of live hog_.

Sheep and lambs:Slaughter (federally inspected) thous. of animals._Receipts, principal markets doShipments, feeder, to 9 corn-belt States. doPrices, wholesale:

Lambs, average (Chicago) dol. perl001b__Lambs, feeder, good and choice (Omaha) do

MEATSTotal meats (including lard):

Production (inspected slaughter) mil. oflbStocks (excluding lard), cold storage, end of month

mil. oflb. .Exports do

Beef and veal:Production (inspected slaughter) thous. of lb . .Stocks, cold storage, end of month. __ do. _Exports doPrice, wholesale, beef, fresh, steer carcasses, choice

(fiOO-700 lbs) (New York) dol. per lbLamb and mutton:

Production (inspected slaughter) thous. of lb._Stocks, cold storage, end of month.__ __ _ _ do

Pork, including lard, production (inspected slaughter)thous. of lb . .

Pork, excluding lard:Production (inspected slaughter) doStocks, cold storage, end of month doExports doPrices, wholesale:

Hams smoked composite dol. per lbFresh loins, 8-12 lb. average (New York) do

Production (inspected slaughter) thous. o i lb . .Stocks, dry and cold storage, end of monthf _ doExports _ _ _ _ doPrice, wholesale, refined (Chicago) dol. per lb. .

POULTRY AND EGGSPoultry:

Receipts, 5 markets . . . thous. oflbStocks, cold storage, end of month do._Price, wholesale, live fowls, heavy type, No. 1

(Chicago) dol. per lbEggs:

Production, farm millionsDried egg production thous. oflbStocks, cold storage, end of month:

Shell thous of casesFrozen _ __ thous. oflb

Price, wholesale, extras, large (Chicago)dol. per doz__

MISCELLANEOUS FOOD PRODUCTS

Confectionery, manufacturers' salesj thous. of dol..Cocoa or cacao beans:

Imports (incl. shells) _ . long tonsPrices, wholesale, Accra (New York) dol. per lb._

Coffee:Clearances from Brazil, total thous. of bags

To United States doVisible supply, United States doImports _ _ ._ doPrice, wholesale, Santos, No. 4 (New York)

dol. per lb__

16,68574.9

327,80438, 582

1,292

6.5106.135

5611,4392,165

181

23.5420.4423.00

3,3801,909

24.79

1 6 . 8

1,0451,133

147

25.880)

1,563

65364

838,154138, 622r 1,248

.408

48, 2628,135

676, 709

505, 239384,643

3,658

.669

.626

125,25469, 27850,908

.205

43,216167,499

.240

6,1253,178

1,348166,983

.355

59,390

11,991.639

454183694

1,100

,855

18,04177.4

363,47841,913

4,0461,289

6.7656.145

6221,5702.316

130

23.4918.2021.00

3,4531,993

21.43

1 4 . 4

1,2001,193

90

24.000)

1,683

60547

905, 294127,141

1,088

.405

51, 9508,709

725, 640

538,092346, 765

4,016

.646

.587

137,36965,68933,365

.190

47,393151,147

.190

5,3172,398

1,639186,189

.351

61,415

22, 215.648

468146832

1,250

.870

18, 02277.2

361, 95641, 902

1,510

6.9606.050

6401,6222,298

174

23.4716.1220.00

3,3251,900

19.75

"13.6

1,2091,140

100

21.250)

1,641

53048

920,803122,333

2,198

.417

52, 3857,780

667, 645

491,002283, 541

5,422

.611

.598

129, 39458, 06529, 808

.205

42, 779141, 651

.165

4,8501,869

1, 435180, 777

.397

48,719

17,485.689

599266941980

.883

18, 78680.4

380,75143,752

1,284

6.6855.995

6491,6352,736

314

23.7117.8821.75

3,8522,251

20.50

1 3 . 8

1,2071,391

248

19.5017.67

1,673

46743

919,606126,183

1,650

.414

53,0017,867

700, 693

526, 732228, 738

3,779

.630

.534

127,05847,81829,047

.213

47, 532146,651

.185

4,6481,215

1,031160, 797

.398

65,541

12, 516.678

522119820878

.755

19, 73388.2

397,08645, 846

5,2321,288

6.8306.175

7061,6382,878

540

25.0018.1022.00

4,7432,496

19.51

12.9

1,2901,806

631

19.5017.46

1,796

44341

917,746121, 290

3,079

.438

55,3247,359

822, 728

622,033215,057

2,719

.553

.513

146, 77250, 46025, 344

.208

55, 555188, 417

.175

4,694953

833138, 784

.427

103,120

14, 591.537

932493765660

.718

19, 68888.0

397, 71945,805

1,649

6.9256.295

7381,6162,993

939

25.4218.8422.50

5,1782,746

18.66

12.7

1,2911,841

539

19.3817.50

1,897

47765

924, 790137,159

2,346

.443

56,1197,741

915, 733

681, 669233,612

4,995

.521

.450

171,15651, 34946,022

.185

64,612275,192

.160

5,085792

636117,958

.409

101,740

11,861.471

818363695871

.700

19, 21685.9

387,18544,656

1,749

6.9406.235

6941,6022,980

815

26.1119.6320 00

5,8413,308

18.39

1 3 . 5

1,1601,323

344

19.7517.70

2,026

63878

901, 498177,078

3,280

.450

52, 4668,518

1,071, 719

799,131340, 874

6,692

.546

.459

198, 82275,16055,013

.190

74, 024291, 504

.180

5,166900

32594, 658

.381

115,330

17,024.518

1,6291 170

7931,242

.720

19,17478.3

382, 85644,524

4, 6611,658

6.9106.325

6391,5832,177

355

26.2119.2321.00

6,1193,315

16.97

12.2

1,1671,192

185

19.2518.05

2,120

80081

912,239208,380

6,718

.455

54, 7049,714

1,153,238

843,809448, 645

4,037

.556

.412

225,859104,12557,324

.173

64, /"44269,863

.175

5,5891,336

19374,928

.317

99,814

27,181.475

1,082630799

2,084

.685

19,15685.6

384, 21644, 567

1,467

6.7556.205

5631,5212,322

294

26.1220.4027.00

5,5193,183

16.51

12.1

1,2231,334

226

20.8820.22

1,993

84475

883, 371193, 580

6,993

.460

58,8108,767

1,050, 606

771,981504, 624

4,843

.536

.431

203, 886124, 39154,807

.163

40,480251,296

.188

5,7711,919

23566,245

.334

84,645

18,874.488

918424729

1,694

.670

17,71483.1

356,21141,186

1,750

6.6506.025

5171.3131,767

171

24.4620.4629.00

4,6382,587

15.91

11.7

1,0801,029

135

21.7520.75

1,665

83769

760. 473166, 014

6,443

.449

53,1748,743

851, 694

628,102530, 537

6,476

.479

.425

163, 743137,88247, 253

.153

36,267211, 258

.243

5,5181,902

26862, 517

.422

85, 277

22 494.468

578228776

1,338

.545

19, 88481.1

394,15646,104

4,7132,114

6. 8056.095

6601,5242, 086

212

24.1221.2825.00

5,4912,924

15.90

11.3

1,2441,166

120

22.7520. 97

1,962

83565

890, 867154, 349

3, 309

.435

61,4299,089

1,009,567

749, 899543, 929

6,244

.479

.422

189, 884137,35746, 056

.156

39, 349162, 472

.280

6,5842,357

47983, 672

.410

83,644

26 268.400

923490517

1 473

.583

17, 43578.1

348,07340,461

2,199

6.6456.060

5961,4522,040

272

23.3621.2526.00

4.4722,473

16.48

12.2

1,1801,302

156

21,5019.83

1,736

74

844,205r 143, 849

1,934

.417

56,802r 9, 677

834,963

618, 489r 539, 434

6,344

. 506

.453

158,080140,352

56, 492

40,666«• 127, 549

.240

6,5292,932

r 1 183r 125,833

.373

•• 76,950

19 264.375

996645520

1 330

.580

17, 52378.4

349 89240,691

P 6.990v 6.225

5881,5602, 277

236

22.1820.0124.00

4,1642,337

16.39

11.7

1,2281, 246

113

23.000)

1,760

741

901, 574129,555

.402

57,60613,449

800,728

587,211473, 243

525.506

156,320144,149

v . 148

48,819106,110

252

6,4402,913

2,065169,255

.346

62,409

.365

723322490

.545

22.1519. 03

17.54

13.1

23.50

.398

.564

48, 411

5,701

.585r Revised. * Preliminary. 1 No quotation.fRevised series. Compiled by the U. S. Department of Commerce, Bureau of the Census, representing factory and warehouse stocks of rendered and refined lard; data prior to June 1952

will be shown later.^Revisions for 1952 and January-May 1953 are shown in the August 1954 SURVEY.



1954


berDecem-

ber

1955

Janu-ary


FOODSTUFFS AND TOBACCO—Continued

MISCELLANEOUS FOOD PRODUCTS—Con,

Fish:Landings, fresh fish, 5 ports thous. oflb..Stocks, cold storage, end of month do

Suear:Cuban stocks, raw, end of month

thous. of Spanish tons_.United States:

Deliveries and supply (raw basis):Production and receipts:

Production short tons,.Entries from off-shore do

Hawaii and Puerto Rico doDeliveries, total do

For domestic consumption doFor export do

Stocks, raw and refined, end of monththous. of short tons..

Exports short tons..Im ports :cf

Raw sugar, total doFrom Cuba doFrom Philippine Islands do

Refined sugar, total doFrom Cuba do

Prices (New York):Raw, wholesale dol. perlb. .Refined:

Retail 9 dol. per 5 lb.Wholesale dol. per lb.

Tea, imports -thous. oflb..

Leaf:TOBACCO

Production (crop estimate) mil. of lb_.Stocks, dealers' and manufacturers', end of quar-

ter, total mil. oflb_.Domestic:

Ciâr leaf doAir-cured, fire-cured, flue-cured, and miscel-

laneous domestic mil. of lb_.Foreign srown:

Cicrjir loaf doCigarette tobacco do

Exports, including scrap and stems thous. oUb_Imports, including scrap and stems do

Manufactured products:Production, manufactured tobacco, total do

Chewing, plug, and twist doSmoking doSnuff do. . . .

Consumption (withdrawals):Cigarettes (small):

Tax-free millions..Tax-paid do

Cigars (large), tax-paid§ thousands..Manufactured tobacco and snuff, tax-paid §

thous. of lb.Exports, cigarettes millions..Price, wholesale, cigarettes, manufacturer to whole-

saler and jobber, f. o. b. destinationdol. per thous_.

59,452118,806

' 4,366

60, 519617,552181, 301658,798655, 3723,426

1, 625291

331,129227, 304103 82557,21252, 728

.061

.502

.08613, 984

28, 5938,699

17, 2436,9067,0303,307

2, 48731, 863483, 650

16, 9441,339

3.938

75,834140,009

3,991

56, 392598, 368190, 496808.30"807.1761,131

1,484458

370,023201,573162,62360, 04850,110

.061

.502

.0869,828

4,084

353

3,546

17167

26, 7879,18817, 8837, 4356,9533, 49

2,79834, 998510,197

17, 6431,310

84, 605163,697

3,712

44, 495544, 041159,787772. 899770,1192,780

1,239439

285, 30,p165, 368115,16064, 1660, 609

.062

.502

.0865,786

28,9648,280

14, 55'6,4115,9622,184

2,75928, 959434, 978

14, 27f1,273

73, 274190, 538

3,262

96, 464759, 214228, 846793,324792,922

402

1,108439

333,189231,78296, 43240, 55539, 455

.061

.500

.0865,765

29, 26210, 300

18,3637,1967,6123,555

2,50134, 568526, 817

17, 9021,006

47,478202, 228

2,812

131,000471, 248200, 094790.762786, 37P4,383

929474

282, 688160, 49286, 0362, 585540

.060

.502

.0857,114

4,242

321

3, 755

17149

59, 0669,849

18, 8667,1058, 3613,399

3, 39.F31, 964503, 475

18, 48'1,200

48,307204, 722

2,637

601,213426, 594283, 327642, 7642, 462

314

1,261351

155, 555120, 24635, 3092,492640

.059

.498

.0856,599

98, 5498,856

18, 2527,0218,2143,017

2,47:31,593501,498

17,2191,34!

3.938 3,938 3.938 3.938 3.938 3.938 3.938 3.938

35,270206, 437

2,447

797,114202, 728134,861629, 580626,1333, 45'

1,748467

118,16577, 84329,774

859103

.062

.498

.0857,175

58,3158,969

16,9836, 8576,9333,193

3,29829, 699573,184

16, 7901,432

25,716194,338

2,037

549, 214215. 486146, 234671,196669,1222,074

1,927690

101,45387, 9903,05167950

.060

.49:

.0858,494

1 2, 236

4,774

301

4,269

17180

39, 2787,640

14, 5565,6895,7643,104

2, 80526, 651425,958

14,8421,

20,787175, 001

1,712

149, 465317, 40929,065569, 000;567,0002,4681

1,889583

329, 562263, 64465, 84023, 06314,144

.060

.498

.08510,198

27,170150,471

2,513

43, 747443, 730102, 247572, 995569, 7233,272

1,823541

303,229", 47873, 61042, 86130,933

.060

.497

.0810, 225

30, 927

16, 25116,5366,5163,199

2,64430, 438408,334

15, 9241,109

28, 0338,482

15, 6986,0126,3773,309

2,51628, 655

14, 9681,447

3.938

33,068127,477

55, 429558, 851171. 995711,171706, 6174,554

1,781418

344, 404256, 50787, 89468, 78354, 288

.058

.494

.08415, 459

4,818

376

4,233

19191

36, 8679,594

18,6187,2537, 6533,711

2,67233, 695

467, 522

18, 2421,243

3.938

M l , 507122, 669

4,688

48,992630, 496208, 785• 625, 097•619,459' 5, 638

'1,753604

300, 954204, 31592, 96046, 30845, 905

.059

.495.0847,842

18, 648,86'

16,636; 6, 45E6,8323,349

2,39928, 788

445, 701

16, 3201,208

128, 899

4,478

634,000234,789698, 02r695, 54-';2,482

1,658

.495p. 084

2 2,173

17, 88f6, 8967, 6413,349

2,33934,498516,022

17, 308

v 3. 938

LEATHER AND PRODUCTS

HIDES AND SKINS

Imports, total hides and skins thous. of lb._Calf and kip skins thous. of pieces__Cattle hides doGoat and kid skins doSheep and lamb skins do

Prices, wholesale (Chicago):Calfskins, packer, heavy, 9J-6/15lb dol. per lb . .Hides, steer, heavy, native, over 53 lb do

LEATHERProduction:

Calf and kip thous. of skins. _Cattle hide thous. of hides..Goat and kid thous. of skins.-Sheep and lamb do

Exports:Sole leather:

Bends, backs, and sides thous. oflb-_Offal, including welting and belting offal do

Upper leather thous. of sq. ft..Prices, wholesale:

Sole, bends, light, f. o. b. tannery dol. per lb__Upper, chrome calf, B and C grades, f. o. b. tan-

nery , dol. persq. ft__

14,63310110

2,'3,757.475.128

r 2. 011' 2, 134

2,172

9315

3,779

11, 55415333

2,1662,219

.455

.118

'750' 2, 049' 2, 485

2,141

48116

2,951

10, 49116138

2,16S1,538

.425

.123

'628r1,647' 2,087

1,613

9039

2,728

.670

10, 8426346

2, 26f2,213

.13c

' 782'2 ,012' 2,128

2,320

2337

3,183

.650

.955

10613

2,4141,097

.300

.123

730' 1 , 9 6 3' 1, 928

2,036

336

3,723

.635

.908

8,713142

231,876

909

.325

.113

'786'2 ,017' 1, 962

1,873

5018

3,360

.628

.863

9,56014"109

2,365901

.350

.123

' 9 4 3' 2, 074' 2, 083

1,959

6648

3,592

.600

7,1255545

1,836628

.325

.098

' 2,192' 2,190

1,923

6139

!,574

.595

.877

9,2279151

2,513

.325

.108

9562,1092,1971,923

3419

3,224

.595

.870

9,217117

581,7011,576

.375

.108

9452,0852,1712,117

3220

3,418

.600

.893

16,8068343

2,4225,082

.400

.105

'1,0192,3252,4332,144

10273

4,032

.595

.910

J Revisions for April 1954 (in thous.): Calf and kip, 711; cattle hide, 2,037; goat and kid, 2,157.' Revised. v Preliminary.i Esf irrnte of 1954 crop. 2 July 1 estimate of 1955 crop.cTRevisions for 1952 are shown in the April 1954 SURVEY.9 Data represent price for New York and Northeastern New Jersey.§ Revised to represent data based on number of stamps used by manufacturers; revisions prior to May 1952 will be shown later.

8,3361019

2, 4531,079

.490

.118

8822,1482,1862,140

.600

.930

P. 425P. 108

P. 605

P. 950

July 1955 SUHVEY OF CURRENT BUSINESS S-31


1954


berDecem-

ber

1955

Janu-ary


LEATHER AND PRODUCTS—Continued

LEATHER MANUFACTURES

Shoes and slippers:fProduction, total thous. of pairs.-

By types of uppers:All leather doPart leather and nonleather do

Shoes, sandals, and play shoes, except athletic,total thous. of pairs. _

By kinds:Men's doYouths ' and boys' doWomen's doMisses' and children's doInfants' and babies' do

Slippers for housewear doAthletic doOther footwear do

Exports doPrices, wholesale, f. o. b. factory:

Men's and boys' oxfords, dress, cattle hide upper,Goodyear welt 1947-49= 100_

Women's oxfords (nurses'), side upper, Goodyearwelt 1947-49=100..

Women's and misses' pumps, suede split do

38,850

31, 713

7,137

35, 059

7,1401

1, 527j18, 6564,8732,8633, 359

268164272

110.0

117.5112.3

43, 533

36,135

7,398

38, 772

7,8121,734

20, 7225, 3703,1344,346

280135306

110.0

117.5112. 3

41, 051

34, 2906,761

36,1541

6,7831, 658

20, 7914, 8562, 0664,561

228108280

110.0

117.5112.3

48, 523

39, 8988,625

41, 737

7,8481,953

23, 0656,1222, 7496,315

293178347

110.0

117.5112.3

42, 795

34,2178, 578

35, 787

7,5081, 685

18, 3515, 5132, 7306,447

288273367

110.0

117.5112.3

42,883

34,0168,867

35,349

8,0891,621

17,6115,2622, 7666, 939

331204403

110.0

117. 5112.3

41,630

32, 7978,833

34, 763

7,8761,451

16, 6215, 7333,0826,427

290150328

110.0

116. 8112.3

44,165

36, 4267, 739

39, 939

8, 9341, 585

19, 6066, 3453, 4693, 75'

337

283

110.0

116.8112.

48,424

45,477

9,0411,914

24,6056,4323,4852,429

331187303

110.0

116.8112.3

48,971

45, 322

8,9281, 851

24, 8766,4443,2233,098

337214372

110.0

116.8112.3

57,398 ' 47,979

52, 611

10, 0372,244

29,4057, 090!3, 8354 2

370202509

110.0

116.8112.3

•• 43,344

r 9, 321r1,807

r 23, 832r 5, 248»• 3.136r 4,133

369133336

47,671

116.8112.3

42, 504

9,1521,945

23,00715,3652,945!4, 688|

352'127

110.0 P 110.0

M16.8p 112.3

LUMBER AND MANUFACTURES

LUMBER—ALL TYPES

Exports, total sawmill products M bd. ft..Imports, total sawmill products doNational Lumber Manufacturers Association:©

Production, total mil. bd. ft_.Hardwoods doSoftwoods do

Shipments, total doHardwoods doSoftwoods do

Stocks, gross (mill and concentration yards), endof month, total mil. bd. ft..

Hardwoods doSoftwoods do

SOFTWOODS

Douglas fir:©Orders, newOrders, unfilled, end of monthProd uctionShipmentsStocks, gross, mill, end of month.

_do_._do_..do.,do

_do.Exports, total sawmill products! M bd. ft_.

Sawed timber 1. doBoards, planks, scantlings, etc.t do

Prices, wholesale:Dimension, No. 1 common, 2" x 4", R. L.

dol. per M bd. ft_.Flooring, B and better, F. G., 1" x 4", R. L.

dol. per M bd. ft..Southern pine:©

Orders, new mil. bd. ft__Orders, unfilled, end of month doProduction doShipments doStocks, gross (mill and concentration yards), end of

month mil. bd. ft..Exports, total sawmill products M bd. ft__

Sawed timber doBoards, planks, scantlings, etc do

Prices, wholesale, composite:Boards, No. 2 and better, 1" x 6", R. L.

dol. per M bd. ft..Flooring, B and better, F. G., 1" x 4", S. L.

dol. per M bd. ft...Western pine:©

Orders, new mil. bd. ft..Orders, unfilled, end of month doProduction doShipments doStocks, gross, mill, end of month doPrice, wholesale, Ponderosa, boards, No. 3 common,

1" x 8 " dol. per M bd. ft..

HARDWOOD FLOORING

Maple, beech, and birch:Orders, new M bd. ft..Orders, unfilled, end of month doProduction doShipments doStocks, mill, end of month _ do

Oak:Orders, new doOrders, unfilled, end of month doProduction doShipments doStocks, mill, end of month do

71,962188,115

3,324684

2,6403,208509

2,599

9,4143,6905,724

915863844813965

36,21813, 99122, 227

75.180

125. 767

704261659681

2,1266, 8061, 5645,242

70.268

151.471

683410726698

1,712

70.16

3,90010, 5503,4503,75010, 350

78, 78166, 643

61, 090

65, 298257, 836

3,124665

2,4593, 264565

2,699

9,2743, 7905,484

801892648772841

30,39310 32920,064

76. 951

125. 440

860355675766

2,0358,0431,7706,273

70.633

151.471

803463

7461, 696

69.36

5,65011,1503,9504,8509,500

99, 93471, 36492, 60495, 21357, 486

49,128340,991

2,724699

2,0252,838582

2,256

9,1073, 8545,253

396933331355817

9,5063,1886,318

81. 592

126. 671

800331693824

1,9047,0221,7985,224

74. 624

150.981

724499643687

1,652

70.65

5,15011,3003,4504, 6508,200

95, 44473,11890, 58793, 69054, 383

41, 270354, 922

2, 956639

2,3172, 969558

2,411

9, 0963, 9355,161

432913427452793

13, 5343,9759,559

81. 779

126. 671

697297651731

1,8246,3291,2025,127

74.327

151. 557

795516801778

1,676

71.51

5,20012, 0004,8004 6508,500

104, 46277, 983

99, 59751, 268

45, 836282, 608

3,279629

2, 6503, 238

5822,656

9,1353,9825,153

634832726714804

16,1194,872

11,247

127.683

681290634688

1, 7705,86'1,5734,294

75.218

151.680

763459

8211,716

71.62

4,05011,1504,7504,4008, 875

100, 48179, 78299, 590

100,17247, 9841

r Revised. p Preliminary.tRevised from 1950 forward to reflect adjustments to 1953 benchmark materials; 1950-52 annual totals©Revised month'y data will be shown later as follows: Total, all types, January 1950-March 1954;

Western pine, January 1950-March 1954.^Revisions for 1952 for exports of Douglas fir sawmill products will be shown later.

57,413294, 520

3,363648

2, 7153,339646

2,693

9,1343,9595,175

742779832796840

24, 74210, 07814, 664

86.849

132. 953

670276636684

1,7228,4272, •"" ~

5,530

75.923

152.170

835422828798

1,746

71.38

4,30011,3804,3003,9009,200

91, 44973,083100, -101, 21647, 256

68,963298,175

3,154601

2,5533,061588

2,473

9,2513,9975,254

756743833792881

33,15113, 64519, 506

83. 699

131. 361

652259649669

1,7028, 6053, 1355,470

78.021

152.170

702382688662

1, 771

72.07

3,70011,6504,4003,50010,350

81,49664, 30197, 74694, 98849, 524

63,188281, 350

3, 085586

2,4993, 06r588

2,479

9, 27C3,9955,275

801829832879

32, 4488,39824,050

82. 999

131. 361

630239694650

1,7467,4423,1044,338

78.199

151. 839

676439612619

1,764

71.96

3,95011, 7004,4503,95011,050

89,81665,15797,83488, 96057,375

53,776251, 556

2,790560

2,2292,823584

2,239

9,2363,9725,264

754829787725941

30,08814,05516, 033

83. 972

131.361

702276666665

1,7476,5002,6483,752

78.480

151.609

59'485491551

1,703

72.26

12, 5504,0004,00011,050

116, 74187, 01393, 47694, 88552, 966

84, 584273,137

2,927605

2, 3222, 962667

2,295

9,2003,9105,290

729810810748

1,00246,70125, 57221,132

85. 534

132.178

673303672646

1,7737,7372,5295,208

78. 471

150.996

598477535590

1,648

74.18

4, 62513,4253,5253, 62510, 900

107, 96698, 57490, 40091,32152, 045

65, 812289, 940

3,363629

2, 7343,477

6582,819

9,0873,8825,205

904792886922966

31,81517, 63614,179

85.071

132.178

746273784776

1,7819,4973,0506, 447

77. 527

150. 996

696493633680

1,601

75.17

5,50014, 6503,9004,000

10, 775

111,554108,122106,193107, 09050, 301

69, 255262,035

3,241612

2,6293,451

6972,754

8,9183,7975,121

944866792870926

42,88020,55122,329

r 85.624

132.178

753290738736

1,7838,4342,1516,283

' 77. 256

r 150.384

766543682716

1,567

r 77. 20

4,65015,1253,7504,000

10, 550

108, 916111, 682100, 543104,160

44, 633

3,424622

2,8023, 505678

2,827

8,8483,7405,107

815847817835918

v 87.122

132.178

775285776780

1,779

p 77.665

149. 361

742513770772

1,565

P78.5ll.

4,55015,3003,6504,4509,800

98,351104,696105, 896105, 33745, 400

and monthly data for January-September 1953 will be shown later.Douglas fir, January 1952-March 1954; Southern pine, January 1951-March 1954;

S-32 SURVEY OF CUEEENT BUSINESS Jnlv 1955


1954


berDecem-

ber

1955

Janu-ary March I April j May June

LUMBER AND MANUFACTURES—ContinuedPLYWOOD

Hardwood (except container and packaging) :*Shipments (market), quarterly total

M sq. ft., surface measure. _Inventories (for sale), end of quarter do. _.

Softwood (Douglas fir only), production*M sq. ft., W equivalent.. 342,385

164,85730, 741

266,451 141, 689 207, 060

178 41129, 266

386, 812 392,579 394,659

203,55629, 096

392,810 393,101 389, 408

211,81330.907

444, 081 412, 756 T 418, 950 400,112

METALS AND MANUFACTURES

IRON AND STEELForeign trade:

Iron and steel products (excl. advanced mfrs.):Exports, total© 9 short tons.

Scrap d o . . .Imports, total? do__.

Scrap do.--

Iron and Steel Scrap

Production and receipts, total*...thous. of short tons..Home scrap produced* doPurchased scrap received (net)* do

Consumption, total doStocks, consumers', end of month . .do

OreIron ore:

All districts:Mine production thous. of long tons..iShipments doStocks, at mines, end of month do

Lake Superior district:Shipments from upper lake ports doConsumption by furnaces doStocks, end of month, total do

At furnaces doOn Lake Erie docks do

Imports doManganese ore. imports (manganese content)

thous. of long tons..

Pig Iron and Iron Manufactures

Castings, gray iron:Orders, unfilled, for sale thous. of short tons..Shipments, total do

For sale doCastings, malleable iron:

Orders, unfilled, for sale short tons..Shipments, total do

For sale doPig iron:

Production thous. of short tons..Consumption doStocks (consumers' and suppliers'), end of month

thous. of short tons._Prices, wholesale:

Composite dol. per long ton..Basic (furnace) doFoundry, No. 2, f. o. b. Neville Island do

Steel, Crude and Semimanufactures

Steel castings:Shipments, total short tons_.

For sale, total doRailway specialties do

Steel forgings:Orders, unfilled, for sale thous. of short tons..Shipments, for sale, total do

Drop and upset doPress and open hammer do

Steel ingots and steel for castings:Production do._

Percent of eapacityjPrices, wholesale:

Composite, finished steel dol. per lb__Steel billets, rerolling, f. o. b. mill

dol. per short ton..Structural steel, f. o. b. mill dol. per l b . .Steel scrap, heavy melting (Pittsburgh)

dol. per long ton. .

Steel, Manufactured Products

Barrels and drums, steel, heavy types:Orders, unfilled, end of month thousands..Shipments doStocks, end of month do

271,16440, 561123,40911,073

5,0902,9512,1405,3506,315

9,81810, 57310, 580

9,9525,376

29, 56324,1475,4161,119

775943516

67, 04067, 85637, 306

4, 6244,691

2,729

56.0356.0056.50

94,61070, 5969,337

430.6107.180.926.2

7,47371

.0524

72.00.0437

29.50

3,1011,908

62

326, 515101, 475140, 31114,650

5,2182,9652, 2535,2246,315

11,61012, 3999,790

10,6085,396

34, 99629,18"5,8091,495

83

80498556

60,16372, 82041,121

4, 7244,813

2,620

56.0356.0056.50

100,02272, 8818,596

409.2113.186.226.9

7,36472

.0524

72.00.0437

29.50

3,2082,038

67

344, 012100,114139, 62922, 033

4,5572,6331,9244,3786,494

10, 99411,9878,796

11,0165,155

40, 72334, 5376,1861,540

65

829821450

63,71150, 89325, 243

4,6264,469

2,762

56.0356.0056.50

75, 84853, 2075,815

395.496.874.422.3

63

.0539

74.00.0452

28.50

3,1601,848

72

372, 445128, 576149, 68629,448

4,7702,7012,0694.6646,599

10, 29510, 8238,269

9 5554, 895

45, 73339,1996,5341,691

55

830935542

62, 49459, 25934, 528

4, 5674, 495

2,843

56. 0356.0056.50

89, 59066,7929,344

410.1102.277.225.0

6,66763

.0541

74.00.0452

29.50

2,9391,785

109

409, 286192, 980147,34531, 796

4,7292,7172,0114,8146,510

8,9139,3337,848

7,9514,620

49, 75343,0836,6701,881

71

811921534

66,7425S, 01533, 929

4,4624,486

2,743

56.0356.0056.50

88,35964, 722

8, 668

409.0109.481.727.7

6,80767

.0541

74.00.0452

30.50

2,7261,902

110

415, 616166, 290137, 80420, 573

5. 3622,9392,4235,3566,509

6,7768,0706,554

7,25?5,39851,86844, 9806,8891,736

47

789943552

71,09064, 32136, 956

4,9845,061

2,640

56.0356. 0056.50

87,08564, 0048,580

382.0113.086.027.0

7,70273

.0542

74.00.0452

32. 50

2,5861,868112

383,153, 558153,26341,256

5, 8663,0662,8005,5206,852

3,2724,1015,726

2,9185.845

49, 97543, 0656,9111,711

93

760997547

80, 68670, 03041, 609

5, 25'5, 336

2, 533

56.0356. 0056.50

87, 65964, 8127,742

461.2119.789.330.4

8,08979

.0542

74.00.0452

34.50

2,2561,782103

691,1325, 765128,10627, 695

6,1853,2902,!5,6857,349

2,9071, 8966,737

186,341

44, 01837, 4276, 5911,178

59

7451,074564

85, 06487, 93449,005

5,58'5, 576

2,536

56.0356.0056.50

93, 54769, 84311, 489

472.128. 596.432.0

8,28779

.0542

74.00.0452

32.50

2,2171,797

90

712, 921451, 550104, 29111.124

6,0043, 3842,6196, 0667,284

2,7871,5878,023

06,62037,47031,3606,1101,081

65

7831,092563

99,8182, 02848, 000

5,7855,827

2,447

56.0356.0056.50

98,23875, 04413, 809

487.135.103.033.0

8,838

.0542

74.00.0452

36.50

2,1981,742

77

644, 580343,453112,93424, 923

5,8743,2942, 5805, 9937,156

2,7411,5319,227

06,447

31,10825, 2225,886

931

67

8521,106

578

101, 76685, 97948, 721

5,4435,560

2,384

56.0356.0056.50

106,43080,72916, 501

491.9135.4102.133.3

8,497

.0542

74.00.0452

36.50

2,1451,747

777,818423, 455109, 72311,524

7,0723,9093,1627,0717,158

3,2271, 835

10,109

07,481

23,71118,616

5, 0951,248

87

9341,315

99, 730102, 364

60, 063

6,4646,531

2,213

56.0356.0056.50

127, 46098, 92619, 339

507.1154.4119.235.2

9,98293

.0542

74.00.0452

38.50

2,3032,125

104

801,208413, 927116,94813,302

* 7,0683,905

r 3,163r 6, 9887, 243

6,0565,312

11,366

3, 7587,29018, 90'14, 5454,3621,220

81

966'1,294

680

104,091101,22657,397

6,3856

r 2,097

56.0356.0056.50

•120,05392,23'16, 646

499. 4149. 6113.536.2

9,81595

. 0542

74.00.0452

38.50

2,3421,990

106

P 7,193P 3, 949P 3, 244P 7,196P 7, 280

11, 6067,798

21,90117,4654, 436

6, 805P 6, 768

p 2, 091

56. 03p 56.00p 56. 50

«• 10,32i97

.0542

p 74.00p . 0452

P 34. 50

2,1232,062

107r Revised. *> Preliminary.*New series. Data for hardwood plywood are compiled by the U. S. Department of Commerce, Bureau of the Census; they cover all known market producers of hardwood types, except

as indicated.Douglas fir plywood production is compiled by the Douglas Fir Plywood Association. Data presented are total industry figures, based on reports from plants controlling, on the average,

approximately 90 percent of industry capacity. The monthly totals are estimated from weekly reports by prorating split weeks on the basis of a 5-day workweek .with allowance for generallyobserved holidays.

Data for production and receipts of iron and steel scrap are compiled by the U. S. Department of Interior, Bureau of Mines; data prior to 1953 are not available for publication.©In the 1952 edition of the export schedule, certain items (pipe fittings, welding rods, bolts, fabricated structural and other shapes) were transferred from the steel-mill products to the

metal manufactures category. The data through 1952 as shown in the 1953 edition of BUSINESS STATISTICS were adjusted to include exports of these commodities for comparability with theearlier data. Exports beginning January 1953 as published in the March 1953 SURVEY and subsequent issues exclude these items which averaged 21,300 short tons per month in 1953.

9 Revisions for 1952 are shown in the April 1954 SURVEY.JFor 1955, percent of capacity is calculated on annual capacity as of January 1, 1955, of 125,828,310 tons of steel; for 1954, data are based on capacity as of January 1, 1954 (124,330,410 tons).



1954

M a y June July August Septem-ber October | N o

b « m " Decem-ber

1955

Janu-ary


METALS AND MANUFACTURES—Continued

IRON AND STEEL—Continued

Steel, Manufactured Products—Continued

Cans, metal, shipments (in terms of steel consumed),total short tons.

Food do___Nonfood do.. .

Shjpmentti for sale do...

Closures (for glass containers), production millions.Crowns, production thousand gross.Steel products, net shipments:

Total.. thous. of short tons.Bars: Hot rolled, all grades do.. .

Rein forcing do._.Semimanufactures do.. .Pipe and tubes do__.Plates do—

Rails do..Sheets do_.Strip: Cold rolled do_.

Hot rolled do..Structural shapes, heavy do_.Tin plate and terneplate do.Wire and wire products do..

NONFERROUS METALS AND PRODUCTS

Aluminum:Production, primary short tons,,Imports, bauxite long tons. .Price, wholesale, scrap castings (N. Y.)__dol. perlb..

Aluminum fabricated products, shipments, totalmil. of lb_-

Castings doMill products, total© do

Plate and sheet© doBrass sheets, wholesale price, mill dol. per lb_.Copper:

Production:Mine production, recoverable copper...short tons.Crude (mine or smelter, including custom intake)

short tons_.Refined do

Deliveries, refined, domestic doStocks, refined, end of month do

Exports, refined and manufactured doImports, total 9 d°

Unrefined, including scrap9 doRefined 9 do

Price, wholesale, electrolytic (N. Y.) dol. per lb__Lead:

Ore (lead content):Mine production short tons..Receipts by smelters, domestic ore .. do

Refined (primary refineries):Production doShipments (domestic) doStocks, end of month__ do

Price, wholesale,pig, desilverized (N. Y.)-dol. per lb_.Imports, total, except mfrs. (lead content) 9

short tons-^Tin:

Production, pig! long tons__Consumption, pig, total! do

Primary!. doStocks, pig, end of month, total! __.

Government!In du strial!

Imports:Ore (tin content)Bars, blocks, pigs, etc

Price, wholesale, Straits (N. Y.)Zinc:

Mine production of recoverable zincSlab zinc:

ProductionShipments, total

DomesticStocks, end of monthPrice, wholesale, prime Western (St

Imports, total (zinc content)For smelting, refining, and export 9 . .For domestic consumption:

Ore (zinc content) 9Blocks, pigs, etc

do.. .do—do. . .

do . . . .d o . . . .

-dol. per lb__

__short tons._

do . . . .do.....do—do. . . .

Louis)dol. per lb...short tons..

do . . . .

do.- . -

317, 666180, 705136,961276, 313

1,30829, 767

5,423494163136731442

821,539

9412535360'394

125,138451,744.1092

216.347.7168.794.9

71, 455

78, 626108, 723111,00582,124

29, 68551,98932,13319,856.2970

25, 40425,762

49,13940,183109, 302.1400

69,8

2,2357,2105,100

19, 5816,84212, 739

165,853. 9353

40,008

73,65464, 56661,859209,828

.102950, 84

45

40,594!10,208!

381,176224, 254156,922339, 473

1,44932,026

532211157786421

1081,65710714G373690423

120,758457, 748

.1000

232.348.1

184.2102.01.444

72, 959

86,119112, 474106, 25269, 289

26,04681,83335, 31046, 523.2970

26,25328, 266

42,31746,987104,626. 1411

64,015

1,4257,4005,100

12,9250

12, 925

3,1006,859.9421

40, 391

71.54080, 24472,262201,124

. 1096128,74811,239

108, 738118,77l!

405,152249, 376155, 776368,035

1,20928, 679

4,4904441681166743

801,347

7495350242322

126,161442, 371.1000

209.639.6169.994.7.444

66, 551

76, 320107,19397, 43669, 077

24,18362, 22830, 81631,412.2970

25, 36426, 975

35, 71637,19593, 030.1400

41, 4942 1946,3004,500

11, 3800

11, 380

4143,924.9654

38, 445

70, 74973, 84658, 397198, 027

. 110057, 832

194

37, 570120,068!

522, 293376, 530145, 763477, 256

1,33027, 366

4,681446152142715365

711,331

95109326342351

125. 296461, 227

.1000

225.542.4

183.1104.6

.444

51, 668

62,047104, 69392, 47558,648

27,12154, 57438,16116, 413.2970

27,06628,835

44,08943,40284, 429.1406

34,031

2,2327,0004,700

15,1272,50212, 625

2,5625,487.9338

38,141

71,81076,58458,188193, 253

.110056, 952

157 j

45, 888110,9071

457, 983328, 454129, 529408, 315

1,28321, 841

5,004471151138694379

631,357

103108346580359

120,332413, 265

.1081

225.946.2

179.7101.1.444

62, 111

69, 88288, 78689,19848, 775

16, 78352, 38832, 74019, 648

.2970

25,00125, 244

47, 76230, 89193,358

. 1460

31,120

2,6256,7004,600

16, 4914, 406

12, 085

2, 2864, 601.9354

34, 178

361, 676236, 275125,401319, 669

1,32820, 454

5, 035530150141662395

591, 633

110130344273360

125. 089420, 340

.1100

234.353.9

180.4100.8.444

71,215

79, 23192,918

105, 29333,290

25, 86728,60320, 5088, 095.2970

25, 75526, 884

51, 27636, 30795, 496

.1497

24, 224

2, 6366, 7004,300

17, 0244, 255

12, 769

1,8136, 151.9304

35,511

60, 13777, 88564,548175, 505

67,04790,415!7'6, %7\152,137

.1141 .115026, 041 j 22,2502,2141 128

12,85310,974:

10,601!11,520.

273,616166,975106,641239, 881

1,21918, 264

5,240577140171579398

491,857

126144331261366

121,252423, 395

.1100

236.955.2

181.6103.8.444

79, 208

97, 619115,917118,707

37, 094

18, 88342, 38232, 7869, 596.2970

26,91129,107

46,71134, 91394. 387. 1500

15, 679

2,4397,0504,300

16,8722, 855

14,017

2,1696, 450. 9110

38, 338

80,11697,61777, 074

134, 636

.115031, 205

2,481

17,60811,116

283, 386170,125113,261247,688

1,21818,196

5,449619123200497421

402,054

128160347270352

127,035504, 342

.1100

259.664.0

195.6108.7

.456

81,417

97, 733133, 523121, 90747,108

23, 56245,60832,96512, 643

.2970

28,23029, 646

46, 50637, 01792, 719

.1500

19, 508

2,6926,9004, 330

16,3021, 352

14, 950

2,0195, 568.8857

39,035

85,16495, 52374,900

124, 277

.115039,173

3,674

17, 31518,184

279, 642170, 068109, 574240,159

1,24723,663

6,010623116203578439

972,229

133158336419393

128, 203384, 542

.1129

270.664.4

206.2114.0

.456

83, 291

95,810123, 840113, 94945,982

21, 53336, 26125,10811,153

.2978

27, 34728, 767

44, 78040, 45184, 882

.1500

14,392

2,6086,9004,500

14,751651

14,100

1,8574,143. 8727

41, 205

86, 07693, 20170, 863

117,152

.115031, 273

481

16. 56414.228

259, 585154, 507105, 078224,128

1, 24523, 993

6,120630128255610457

1032,166

131159338433415

116, 236370, 963

. 1370

272.166.9

205.2112.0.476

83, 581

102, 342123,162108, 50344, 579

32, 37646, 76534, 66112, 104.3270

27, 00427, 456

40,17346, 64564, 938

.1500

19, 286

2,7287,2804,730

14,761791

13, 970

1,3126, 385.9077

39, 389

78, 97799,96480, 01696,165

. 115041,309!

5,717:

19. 90815.684

307,'171, 568136,371265, 592

1,51629, 480

7,269764161310795543

1222,450

153178407514502

130, 272480,973

.157J

313.779.0

234. 7128.4

.476

93, 728

108, 410135, 701131, 35446,091

22, 47345, 46034, 34011,120.3294

30,96130, 056

50, 30842, 38159, 881.1500

22, 023

2,5828,0505, 200

14,944 13, 5131,039 678

13, 905 12, 835

1,8291 2,43'6, 026 j 3,918.91041 .9139I

45, 216| r 42, 880

83. 786100, 04489, 589

• 321, 281• 178, 528' 142, 753' 273, i

1,40227, 982

7,27974(184303824560

1182,416

141182398534508

126, 394429,000.1575

301.073.0227.9123.3.496

r 89,108

' 104, 228122,129119, 86?42, 759

23, 63343,10127,16615, 935.3570

r 28,60228, 707

50, 27444, 87854, 956.1500

34, 413

2,2987,8205,160

89,17994,507!79, 7201

.1150!55. 061!2,432!

375, 821218,649157,172330,042

7,541774215290872571

1212,439

148193414607515

131,128

. 1385

.496

91, 02.'

106, 882135, 042124, 85343,340

.3570

28, 61228,511

45, 43546, 13050, 947

.1500

.1380

. 9364.913/

43, 833 _

86,1771 84,46797, 572 '• 99, 03983,336; 90,915

74,579 j 63,184' 48.612

.1193! .1200' .65,354!..6,059

39,211; 43,623..-- '13,4181 15,672 L.-..

r Revised, v Pre l iminary. 1 Specifications changed; no comparable data prior to June 1954. 2 Product ion by secondary plants only.© D a t a beginning J a n u a r y 1955 are no t s tr ict ly comparable wi th earlier da ta because of a change in coverage and me thod of report ing. Tota l m o n t h l y net sh ipments derived from the

new s u r v e y are from 1 to 2 mill ion pounds less t h a n would have been calculated under the former me thod .9 Revis ions for 1952 impor t s are shown in the Apri l 1954 S U R V E Y .§Subs t i tu ted series. Compiled by the U. S. Department of Interior, Bureau of Mines; mon th ly da ta for 1951 and 1952 appear on p . 24 of the March 1954 S U R V E Y Government stocks

represen t those available for indust r ia l use.

S-34 SURVEY OF CURRENT BUSINESS Julv 1955


1954


berDecem-

ber

1955

Janu-ary


METALS AND MANUFACTURES—Continued

HEATING APPARATUS, EXCEPT ELECTRIC*

Radiators and convectors, cast iron:d"Shipments thous. of sq.ft. of radiation. -Stocks, end of month do

Oil burners:!Shipments number_.Stocks, end of month do

Stoves and ranges, domestic cooking, excl. electric:Shipments, total number. .

Coal and wood doGas (incl. bungalow and combination) doKerosene, gasoline, and fuel oil do

Stoves, domestic heating, shipments, total do___Coal and wood doGas do__.Kerosene, gasoline, and fuel oil do___

Warm-air furnaces (forced-air and gravity air-flow),shipments, total number.

Gas do.Oil do_Solid fuel do..

Water heaters, gas, shipments* do_.

MACHINERY AND APPARATUS

Blowers, fans, and unit heaters, quarterly:Blowers and fans, new orders thous. of dol.Unit heater croup, new orders do

Foundry equipment (new), new orders, nettmo. avg. shipments, 1947-49=100.

Fnrnnces, industrial, new orders, net:EIcctric processing thous. of dol.Fuel-fired (except for hot rolling steel) do

Machine tools (metal-cutting types):New orders mo. avg. shipments, 1945-47= 100.Shipments do.__

Pumps, steam, power, centrifugal and rotary, neworders thons. of doL

Tractors (except contractors' off-high way and garden),quarterly through 1954)*

Shimrtents, total thous. of dol.Wheei-type d o . . .Tracklaying d o . . .

ELECTRICAL EQUIPMENT

Batteries (automotive replacement only), ship-ments thousands-

Household electrical appliances, sales billed:"Refrigerators, indexf 1947-49=100.Vacuum cleaners, standard type thousands.Washers, domestic sales do

Radio sets, production§ do___Television sets (incl. combination), product! on §

thousands-Insulating materials and related products:

Insulating materials, sales billed, indexf1947-49=100.

Fiber products:Laminated fiber products, shipments©

thous, of doLVulcanized fiber:

Consumption of fiber paper thous. of lb .Shipments of vulcanized products.. thous. of dol.

Steel conduit (rigid), shipments* thous. of feet-Motors and generators, quarterly:

New orders, indexf 1947-49=100.Polyphase induction motors, 1-200 hp:1

New orders thous. of doLBillings do.._

Direct current motors and generators, 1-200 hp:fNew orders thous. of dol.Billings do._.

1, 7457,696

52, 78182, 995

176, 9253, 468

164, 2289,229

125, 9816,474

76. 42743,080

2,:7,903

68, 79880, 845

187, 9444,206

174, 8068,932

180, 32310, 935

111, 79657, 592

82, 462 95, 35949,6611 57.22930, 2101 33,923

2, 591 4, 207191, 660 202, 574

1,9377,438

65,18475, 345

145, 8294, 351

134, 8966,582

203, 90123, 443

114,19566,263

92, 46353,11635, 4741

3,873!186, 528

3,315^ 3,217j6,765! 6,478j

| I90,662!72, 2381

196,18oi6,294;

180,210!9,676!

261,936;36,879!

156,34368,714

130,486:75,062!48, 655;

6,769;202, 990

102, 88857, 306

222, 839!7, 708!

204,947!10,184!

351,135!55,091'

205,345;90,699;

148,370'82,023!57,503'

8, 844!

201,405!

3, 3545, 915

101,91653,174

216, 9567,320

197, 98411, 652J

417,18566,824

257, 60692, 755

137, 82079, 02250, 963

7, 8351198, 001

2,7005,400|

67,66053,978

190,3286, 652

174,5499,127

1, 9565,434

46, 88257,125

160,4945, 586

146,1358, 773

284,688 110,24537,823! 9,094

195, 337! 74, 51351, 528 j 26,63!

80.8

3, 0512, 423

139. 51270.31

5,007

62,311 ;14,586! ;_

86. 4 j

98613, 64 21

185. 2!276. 3!

37,68514,840

4579731

124.7205.71

1,391

74.1209.4246.9722.1

396.3

116.3

8,843

3,4311, 237

21, '

5,176; 4,733|

197, 786!123,055!

74, 731

75.6

1,053!1,116!

147.9!203.7I

6,706!

107, 61564,312,38, 5941

4, 709'175,550

81,13f50, 34128,0;

2, 734163,458

39 73916,08

61. 41 113.1'

986! 2,403i 1,1901 1,2461,2411 1,936! 1,534| 4, IOC

180.9; 148.9 119.5; 202.1213.4! 191.0; 179.51 203.4

5,050 3,828j 5,2241 4,

1,8341 2,288

81. 61195. 8j303.5!

1 837. 7!

144,167 !81,12663,041

93.0;193.6|242. 9 j438.1!

2,481

70.6!185. 4!293. 2|785.5!

2, 728! 2, 667

73.4:238.2!379.7'

1 932. 3!

51. 0!263. 2!339.2!997.8

1 544.l! 307.0 633.4

2,410

47. 21

237.9308. 4

1, 098. 7

1 947.8! 921.51 858.5

123.8J

9, 5211

3,12811, 236!

26, 171

152.5

36, 817

92.3 111.4

157,65587,71669,939

1, 79f

61. 7217.0264. I

1 1,261.6

1 833. 4

7,739 8,857

2, 566| 3, 3731,037 1,152

2 28, 544 2 28, 076

123.2! 116.7| 123.9 138.3

10,337! 9,528! 9,596 10,53f

3,062^ 3,251! 2,964; 3,7941,217| 1,301 l,350 ! 1.54C

2 27, 616! 2 27, 022! 2 29, 645! 2 25,911

129.7i.

33,448^.

156

34, 476

1, 6755,876,

57, 282150, 686!

167, 752J5, 564

153, 06519,123;

75,004'4, 824!

41, 64628, 5341

85, 476!50,92331,899

2, 654200, 001

l,970i6,106|

58, 041151,163;

200, 3065,527

186, 436!8, 343;

90, 897'4, 422!

38, 228;

48, 2471

79, 537|47,740!28,917;

2 880214,703

2,4196,416

59, 21862, 655

232, 4316, 063

217, 4668,902

r 105, 3577, 710

' 50, 35047, 297

r 87,12153, 673

r 30,5102, 938

248, 754

60,155:.71,864!.

I196, 705!

4,283!182, 502!

9, 920:

97,471:_7,364'.

50,73539.372'_

91,908 _58,012 .31.484 .

2,412 _231,694

I

55,74414,276 !

81.0.

1,1483, 543

203.0167.3

5,220

66,178 i41,43124, 747i

90.4!

9764, 390

209.4168.2

6, 709,

71, 786!45,807:25,979!

1,3425, 609.

214. 6202.5

178.6!

2,234!5,032!

145.7

1,813 .3,801

'•178.1, P 2 4 4 0r 180.1 P 180.7..

5,447 !

79,302; 94,718' 82,289!

54,025! 64,847, 51,016!.25,277 29,871! 31, 273 j .

1,478 1,647; 1,321! 1,281! 1,571!

96.0250.1357. 4

1,068.1

94.0^262.7!353.2

106. 0!358. 2\370. 6:

1,089.7! 1 1,482.3;

654.6! 702. 5!

132.0 137.0!

» 831. 2j

160. 0

96.0244.1313. 5

1,099.8

583. 2J

160.0 .

261.2 .341.8 .

1,114.0.' U, 217.0

5 ' 580. 8

9,426 10,076! 12,211; 11,106 10,909.

4,037 3,918i 4,876; 4,591'1,571 1,565 i 1.803-' 1,815!

2 24, 049 2 25, 898! 2 29, 762! 2 30, 521 j . .

4,778' .1,799!

157. 0 .

38,649'_35, 675 33,501

7,95810,183

6, 7557,337'

36,18-

8, 1309, 94:

6, 729 .9, 052 .

PETROLEUM, COAL, AND PRODUCTS

COALAnthracite:

Production thous. of short tons._Stocks in producers' storage yards, end of month

thous. of short tons..Exports doPrices:

Retail, composite 9 dol. per short ton..Wholesale, chestnut, f. o. b. car at mine dor Revised. P Preliminary. 1 Represents 5 wee

vectois.*New series. For source of data and brief description, see corresponding note on p. S-34 of September 1954 SURVEY.fHe vised to reflect use of new base period ~ " ' ' ; " *""' "" " " "§Radio rToductior ' ' J

March, and June 1955 uuvn ., v\rc-tv ,̂ umn munnw, •* w© (>atn bcci'ining January 1954 cover 19 companies.1 Data for polyphase induction

1,877

1,252145

24.40

2,226

1,223217

24.4013. 381 13. 588

1,939

1,244147

24.4113. 588

2,117

1,328240

24. 6213. 713

2,253

1,405273

24.6613. 836

2,194

1,504403

24.9613.350

2,500

1,293359

25.1913. 507

2, 816

1, 293348

25. 4013.657

2,333

1,267311

25. 5213. 721

2,442

1,164253

25.6713. 721

1, 910

1,132175

25.6713. 721

1,640

1,145148

25.6413. 721

T 1,888

1.0S1

24. 08

p 2,020

P 11. 826

production. 2 Data beginning July 1954 are for 13 companies; earlier data, 11 companies.>wn in a footnote on p. S-33 of the January 1954 SURVEY; revised data for other items of heating apparatus will be shown 1fute of Boiler and Radiator Manufacturers and represent substantially complete coverage of shipments of cast iron radiators

ater.and con-

'or source of data and brief description, see corresponding note on p. S-34 of September 1954 SURVEY.ect use of new base period. Comparable data for 1934-53 for all series (except for foundry equipment) appear on p. 28 of the February 1955 SURVEY.ion comprises home, portable battery, automobile, and clock models; television sets include combination models. Data for June, September, and December 1954 and155 cover 5 weeks; other months, 4 weeks.

a n d

© (>ntM bcci'ining January 1954 cover 19 companies.*[Data for polyphase induction motors cover 33 companies through 3d quarter 1954 and 34 thereafter; for direct current motors and generators, 27?Revised to represent weighted average price of anthracite stove based on quotations in 6 cities as follows: Baltimore, Boston, Laconia (N. H.), 1New York.

27 companies.Madison (Wis.), Middletown (Conn.),

July 195! SURVEY OF CUEEENT BUSINESS S-35

Unless otherwise stated, statistics through 1952 anddescriptive notes are shown in the 1953 StatisticalSupplement to the Survey May June July August October

1955

Janu-ary


PETROLEUM, COAL, AND PRODUCTS—Continued

COAL—ContinuedBituminous: d"

Production thous. of short tons..Industrial consumption and retail deliveries, total

thous. of short tons..Industrial consumption, total do

Beehive coke ovens doOven-coke plants d o —Cement mills d o —Electric-power utilities d o —Railways (class I) do —Steel and rolling mills d o —Other industrial d o —

Retail deliveries d o —Consumption on vessels (bunker fuel)

thous. of short tons_.Stocks, industrial and retail dealers', end of month,

total thous. of short tons_

Industrial, total do.. _ _Oven-coke plants d o —Cement mills do__.Electric-powcr utilities do___Railways (class I) do___Steel and rolling mills do__.Othcr industrial do___

Retail dealers - .do.

E xports do. _ _Prices:

Retail, composite! dol. per short ton.Wholesale:

Screenings, indust. use, f. o. b. car at mine do__.Large domestic sizes, f. o. b. car at mine---do__

COKEProduction:

Beehive thous. of short tons-Oven (byproduct) do _ _ _Petroleum coke 9 do__.

Stocks, end of month:Oven-coke plants, total do_._

At furnace plants do_..At merchant plants do__.

Petroleum coke do. _.Exports do_ _ _Price, beehive, Connellsville (furnace)

dol. per short ton.

PETROLEUM AND PRODUCTS

Crude petroleum:Wells completed % number.Production! thous. of bbl.Refinery operations percent of capacity..Consumption (runs to stills) thous. of bbl__Stocks, end of month:

Gasoline-bearing in U. S., total do.At refineries do.At tank farms and in pipelines do.On leases do.

Exports do.Imports do.Price (Oklahoma-Kansas) at wells dol. per bbl__

Refined petroleum products:Fuel oil:

Production:Distillate fuel oilj thous. of bbl._Residual fuel oil J do.

Domestic demand:Distillate fuel oil* do.Residual fuel oilj do.

Consumption by type of consumer:Electric-power plants do.Railways (class I)§ do.Vessels (bunker oil) do.

Stocks, end of month:Distillate fuel oil do.Residual fuel oil do.

Exports:Distillate fuel oil doResidual fuel oil do

Prices, wholesale:Distillate (New York Harbor, No. 2 fuel)

dol. per gal__Residual (Okla., No. 6 fuel) dol. per bbl__

Kerosene:Production thous. of bbl__Domestic demandt doStocks, end of month doExports doPrice, wholesale, bulk lots (New York Harbor)

dol per gai__

29,198

26, 47723, 831

476,811

6418, 4351,356

3816,160

2,646

52

69, 43268, 60612, 5961,090

38, 2991,839

74014, 042

826

3,068

4. 5386.398

294,772

3 r~

3,0121,6571, 355

33136

14.7c

2,46'200, 593

218,178

280, 05075,503

185, 57018, 977

1,25820, 669

2. 820

i 42,53135, 582

1 28, 89538, 994

« r 4, 2336,9216,289

173,58147, 009

1,9822, 006

.0921.100

1 9, 3501 4,861

i 23, 892158

.102

30, 690

25, 53523, 256

496,593

5769,0291,254

3395,4162, 279

62

69, 646

68, 80;12, 6591,144

39,1251,811

70813, 356

843

3,136

4. 5256. 440

314, 609

371

2, 9731, 60S1, 364

35546

14.75

2,298195.00C

88208,408

282, 88875,18'

188, 78818, 913

1,37221, 160

2.820

i 41, 96f33,69

1 27, 21737, 753

r 4, 2877,7C06,378

i 86, 32550, 216

2,1761, 793

.0921.C00

i 9,1771 4, 537

i 28,184229

.102

27, 707

24,93722, 836

456,581

67,9,1331,278

3154,8092,101

55

67,186

66, 28611,1251,123

38,8481,662

63912, 889

900

2,832

14.73

4. 5066. 586

304,591

420

2,8431,6191,224

38425

14.'

2,86'194,03'

90214, 402

282, 66o 277, 92974, 574 70,659

33, 484

26, 45323, 585

5:6,42'

6939, 5681,384

3065,155

2,868

47

68, 56667, 65611,5711,184

39, 7081,657

62112,915

910

3,333

4.4986. 711

404,47€

412

2,8561,6241,231

39.34

14.75

2,534191,190

87212,708

189,12318, 968

1,07321,0142.820

i 43, 89233, 749

1 26, 86435, 617

r 4( 4447,6606,475

1 101, 65754, 365

1,6931,831

.0901.000

1 9,1561 4, 920

1 31, 953398

.100

188, 26019,010

1,34920, 8532.82C

i 45,04833,13

1 29, 20336, 934

r 4, 8427,835

1116,52956, 332

1, 4341,580

.09:1.150

1 9, 3571 6,196

1 34, 94980

.100

34, 471

27,11323, 491

566,396

6749,4561,233

3205,356

3,622

47

69, 691

68, 76f11, 8691,233

40, 4621,597

612

12, 992

926

2,940

14.89

4.4936.875

354,456

410

2,9171,6931,224

40214

14. 75

2,298184, 527

88208,155

272, 50267,

185, 56818, 94."

50920, 2192.820

145,41532, 569

1 32, 59338, 904

r 4 ,7, 73C6,33

1 128, 0656, 702

1, 52f1,54

36, 652

30,18025, 783

467, 246

74010,0761,375

3605,940

4,397

54

70, 35269, 45812, 1931,287

40, 8891, 496

614

12, 979

894

3,527

14.984. 4886. 95f

295,053|

456

2, 8511,6381,213

42434

14.25

2,370190,198

86211,851

267, 34668, 292

179, 58219,472

1, 52119, 0652.820

i 47, 89033,047

i 34, 89342,41

r5,310i7,81816,119

i 139,12856,541

2,1921,239

1092150

1 9,018i 6137

555099250

100

1

1 91 9

1 37,

096250

596261140188

104

37,158

31, 53826, 996

547,438

71910,4351,449432

6, 4694, 542

47

71, 041

70,11812, 4841, 37341,0721,540592

13,057

923

3,092

15.04

4.4846. 961

335,19S444

2,8041, 5971,20739533

13.75

2, 379190, 367

86209, 244

264, 56f67,814177, 65919, 093

1,04720, 2602.820

1 48, 66633, 593

51, 27946, 045

r 5, 82f8,1925,98

133, 88f54, 891

2,7151, 771

.0961.350

1 10, 61 <12, 748

1 34, 547428

.104

38,151

35, 50029,713

667,995

77511,6331, 544506

7,1945,787

20

69, 201

68, 39112, 3351,311

39,7111, 475606

12, 953

810

2,481

15.08

4.4826. 951

415, 570

471

2, 7941,6241,170

42150

13. 75

2,743198, 213

88224. 382

258, 38567, 309172, 08118. 995

79723,0662.820

1 51, 71836, 806

1 75, 84354, 055

' 7,6878,4676,022

1 108,14452, 105

1,8491,720

.1021. 400

1 11, 7961 18, 3301 27, 826

96

.110

1 12, 66,1 17, 0711 23, 266

109

.110

' Preliminary. 1 Beginning January 1954, jet fuel (formerly included with gasoline, kerosene, and distillate fuel oil) is excluded. Jet fuel for April 1955 (thous bbl )• Pro->lme, 3,147; from kerosene, 756; from distillate, 340; domestic demand, 4,202; stocks, 3,607. '

r Revised,duction—from gasoli _, , , .._., „ , _

cf Revisions for January-September 1952 arid January-October 1953 will be shown later.fRevised series. Data represent weighted averages based on quotations in 26 cities for all sizes of bituminous coal.9 Includes nonmarketable catalyst coke. Such production for January 1954-April 1955 is as follows (thous. short tons): 156; 122; 139; 138; 130; 143; 186; 176; 164; 172; 176' 199- 198' 186-184-141{Revisions for 1952 appear on p. S-35 of the February and March 1954 issues of the SURVEY. , , , , , , , .§Revised to represent all quantities of fuel oil and diesel fuel purchased by class I railways (incl. switching and terminal companies), whether for locomotive, station, shop, or other use

Comparable data prior to August 1953 will be shown later. "a Revisions January-April 1954 (thous. bbl.): 8,313; 5,675; 6,466; 4,764.

S-36 SUEVEY OF CURRENT BUSINESS July 1055


1954


berDecem-

ber

1955

Janu-ary


PETROLEUM, COAL, AND PRODUCTS—Continued

PETROLEUM AND PRODUCTS—Continued

Refined petroleum products—ContinuedLubricants:

Production thous nfhhlDomestic demandtStocks refinery, end of monthExDortsPrice, wholesale, bright stock (midcor

f. o. b. Tulsa) . . .dol.Motor fuel:

Gasoline (including aviation):Production, total thous

Gasoline and naphtha from crude oilthous

Natural gasoline used at refineriesNatural gasoline sold to jobbers

Domestic demandStocks, end of month:

Finished gasolineAt refineries

Unfinished gasoline

__do_...dodo

ttinent,per gal. _

ofbbl..

ofbbL.dodo

do

dodoc\n

Natural gasoline and allied products do

Exports (motor fuel, gasoline, jet fuel) § doPrices, gasoline:

Wholesale, refinery (Oklahoma, group 3)dol. per eral

Wholesale, regular grade (N Y)Retail, service stations, 50 cities

Aviation gasoline:Production, total thous

100-octane and aboveStocks, total

100-octane and aboveAsphalt:©

ProductionStocks, refinery, end of month

Wax:0ProductionStocks refinery end of month

Asphalt products, shipments:Asphalt roofing, total thous. of s

Roll roofing and cap sheet:Smooth surfacedMineral surfaced __

Shingles, all typesAsphalt sidings _ _Saturated felts -_ sho

dodo

ofbbldododo

dodo

dodo

quares..

do . . ...do.—

do. do....-t tons .

4,5663,2089,7641,281

.180

1107, 952

i 95, 2419,4413,270

i 104,418

i 168, 660i 96, 241

8, 94613, 871

2,277

.108

.135

.218

7,8696,680

10,9196,600

6,88811, 383

474663

5,414

1,0361,0953,284

11277, 264

4,5083,1899,5991,429

.180

1 104, 481

1 91, 9569,4233,102

113, 037

1156,5261 85, 569

8,87814, 998

2,712

.108

.135

.216

8,4906,8709,2685,242

7, 7759, 579

409609

6,524

1,1611,3284,035

15090, 715

4,3863,4199,2511,264

.180

1 107,893

i 95, 0929,8282,973

i 112,231

1 149,045i 79, 989

8,96515, 703

2,341

.105

. 135

.214

8,1826, 4359 5725, 483

8,8508,542

433597

5,291

9931,1293,169

11371,057

4,5633,3749,0351,341

.180

1 108,250

i 94, 79810,3343,118

1110,223

i 144,615i 77,159

8,55315, 379

2,084

.105125

.217

8,5996,7489,9625,799

8, 7267,150

408571

6,069

1,1531,3433,573

14574, 951

4,5223,3089,230

967

.180

1 105, 325

i 92,12610,4872,712

i 104, 706

i 142, 437i 74, 786

8,47915, 358

2,202

.105

.125

.213

7,7096,1279,7965, 841

7,9995,912

453567

7,103

1,3641.5724,167

15192. 242

4,4753, 2859,1831,180

.180

i 107,167

1 93,59510.6122, 960

1 105, 607

i 141,046i 73, 571

8, 61515,868

2,384

.105

.125

.213

7,9666, 2099,8766,051

7.4135,702

450572

6,129

1,2481,3383, 543

14274, 223

4,4703,0869,4751,035

.180

1105, 896

i 92, 24910, 6043,043

1102, 393

1142,163i 74, 291

8,44115,168

2,056

.105

.125

.213

7,7176,0909,5065,730

5,3716,165

485589

5,149

9891,1573,002

12471, 952

4,5442,9619,7021,295

.180

Ul l ,753

i 98, 87810,0992,776

1 104,258

i 146, 679i 80,970

8,72114,038

2,154

.105

.125

.213

8,5617,0089,2185, 569

4,2007,175

404562

3,134

568674

1,89284

56, 707

4,5653,180

10,162892

.180

i 112,808

i 99, 41910, 857

2, 532

i 96, 397

i 159,486i 92, 092

10, 07612, 973

1,765

.105

.125

.211

8,0196,064

10,1306,113

4,2468,623

433579

3,190

603686

1,90285

62, 720

3,9922,901

10, 0871,094

.180

i 102, 342

i 90, 4249 4512,467

1 88, 464

i 170, 422i 101, 070

11 22112, 004

1,641

.105

.125

.212

7,2455,745

10, 3026,380

4,2309,888

427578

3,264

652687

1,9251 79

81, 326

4,6023,6659,7791,179

.180

1 109, 838

i 97, 20710, 0672,564

i 105, 684

i 172, 396i 101,119

11,57612, 805

1,559

.105

.125

.214

8,2175,934

10, 0306,063

5,06710, 869

466542

5,533

1,1341,0633,336

125112, 726

4,6913,5899,6151,211

.180

i 105,069

i 92, 7939 4862,790

1 111,116

1 165 413i 93, 285

10 18813, 460

1,642

.105

.125

.216

7,8786 4339, 6056,098

6 27811,779

441552

6,099

1,0881,1003 912

9889,320

P .180

P .107p . 125

. 215

5,969

9881,1143, 867

9077, 349

PULP, PAPER, AND PRINTING

PTJLPWOOD AND WASTE PAPER

Pulp wood:Receipts thous. of cords (128 cu. ft.)_.Consumption doStocks, end of month do

Waste paper:Receipts. short tons.-Con sumption doStocks, end of month do.—_

WOOD PULP

Production:Total, all grades thous. of short tons.

Dissolving and special alpha short tons.Sulphate (paper grades) do.-_Sulphite (paper grades) do_._Soda do—Ground wood do-__Defibrated, exploded, etc do--_

Stocks, own pulp at pulp mills, end of month:Total, all grades short tons_

Sulphate (paper grades) do._-Sulphite (paper grades) do._-Soda do—Groundwood d o . . .

Exports, all grades, total do

Imports, all grades, total doDissolving and special alpha doSulphate doSulphite (paper grades) doSoda doGroundwood do

PAPER AND PAPER PRODUCTS

All paper and paperboard mills:Paper and paperboard production, total

thous. of short tons. .Paper (incl. building paper) doPaperboard doBuilding board do

2,0352,4574,867

662, 742672,590453,259

1,57460, 742

• 850,326204, 78139,831

202, 487107,026

178,01052,09337,3514,373

30,851

34,328

151,00817,82363,66C47,2453,28718,710

2,2421,C78

r 1,032r 132

2,3082,4754,699

692,151696,500447,'

1,56264, 784

841, 999200, 21740,123202, 546108, 715

188, 66753, 15041,1384,873

28, 707

30,680

192,69821,41389,15160,1883, 58517,043

2,2721,0941,045133

2,3042, 2664,737

593,086576, 537466, 326

1,41655, 302743, 809182, 70627, 634193, 596105, 428

174, 27651, 06033, 8764,315

59, 623

163, 55920, 34078, 86743, 7382,477

17, 670

1,991973891127

2,4882,5154,'

670,672694, 972440,130

1,60571, 702

865, 602207,05138, 769203,727105,102

177, 84649, 31733, 5184,008

25, 218

44,894

172, 70518,17880, 69348,5513,15421,117

2,2881,1171,040132

2,4872,4144.794

671,957683,164419,126

1,50561,825

802, 452195,329131, 407200, 111104,055'

176,08349, 79136, 9292. 995

22, 749

49, 790

171,72722, 72472, 92351, 4323, 87619, 951

2,2141,090993131

2,7012,6444,854

• 697, 893702, 283414, 332

1,68674, 840921, 247208, 07534, 620210,356109, 301

182, 08257, 23938, 3842.77721,251

44,131

174,89116, 88183, 84951, 6243,20118, 548

2, 3671,1501,077140

2,5572,5794,840

682, 749678, 695422, 740

1,63575,558

891, 867199,16635,369

207, 820104,053

195, 44261,18442, 6452,760

20, 852

39, 932

206, 42719, 07888, 05368, 6463,018

26, 028

2,2941,1101,051

133

2,6452,4175,070

674,021643,691454, 263

1,49471,775

779, 533190,93733,068

203, 628102,368

157, 62644,06732,0202,975

18,440

53,394

169,49816, 67572, 46252, 2423,321

24,174

2,1611,067

971123

2,8232,6805, 386

655, 291686,004428, 747

1,65877,177

893, 237210,37836,043212, 089103, 911

173, 97248, 95437,1323,20618,366

48, 968

160,26710,20668, 04654, 894

2, 73323, 7481

2,3451,1401, 066

138

2,6902,5125,563

643, 881676,121397,734

1,57072,169

859, 752194, 73734, 580

205, 81594, 903

166, 66054, 58735, 437

2, 67317, 960

62, 264

149,14613, 76167, 87546, 0003,388

17, 622

2,2491,0861,036

127

2,6472,8625,348

785, 696785,023398,987

r 1,78182, 068

961, 040223, 270

38, 377233,917110, 592

157, 29753, 62832, 7672,696

19, 320

54, 430

208, 58919,08394, 98169, 6804,259

19, 834

2,5751, 2511,181

144

2. 4162,8424,359

r2,\T 2, 752r 4, 785

• 743,0061 733,154" 407,154

1,71070, 592

r 927,171226, C64

37, 534•221,661

106,167

-157, 450* 52,158r 35, 73'

3,19622, 583 j

55, 5321-

159, 580118, 815J68,068151,87913,128

17, 306

793, 838791, 852409,140

1,80591, 541

987. 863215, 292

37, 728232, 263108,519

165, 72153,90632, 8701.

23, 345!.

i

r Revised. v Preliminary. i See note " 1 " on p. S-35.% Revisions for 1952 appear on p. S-35 of the February and March 1954 issues of the SURVEY.§Revised effective with the October 1954 issue of the SURVEY to cover items indicated. ©Asphalt—5.5 bbl. = 1 short ton; wax—1 bbl. = 280 Vo

r 2, 457* 1, 198r 1, 126

133

2.5451,2231,183

139

Juiv 105: SURVEY OF CURRENT BUSINESS S-37

Unless o therwise s ta ted , s ta t is t ics through 1952 anddescriptive notes are shown in the 1953 StatisticalSupplement to the Survey

1954


berDecem-

ber

1955

Janu-ary


PULP, PAPER, AND PRINTING—Continued

PAPER AND PAPER PRODUCTS—Continued

Paper, excl. building paper, newsprint, and paper-board (American Paper and Pulp Association):t

Orders, new short tonsOrders unfilled end of monthProductionShipmentsStocks end of month

Fine paper:Orders, newOrders unfilled end of monthProductionShipmentsStocks end of month

Printing paper:Orders newOrders unfilled end of monthProductionShipmentsStocks end of monthPrice, wholesale, book paper, "

finish, white, f. o. b. milL.Coarse paper:

Orders newOrders, unfilled, end of month .ProductionShipmentsStocks end of month

Newsprint:Canada (incl. Newfoundland):

ProductionShipments from millsStocks, at mills, end of month..

United States:Consumption bv publishersProductionShipments from millsStocks, end of month:

At millsAt publishersIn transit to publishers

ImportsPrice, rolls, contract, delivered

Paperboard (National Paperboard 1Orders new 1Orders unfilled end of monthProduction total

Percent of activity

dodododo

dododododo

dododododo

A" grade, English__dol. per 100 l b -

short tonsd o -dododo

dododo

dododo

dododo

. - doto principal portsdol. per short ton__Vssociation):hous of short tons

d o -do

Paper products:Shipping containers, corrugated and solid fiber,

shipments! mil. sq. ft. surface area..Folding paper boxes, value:

New orders 1947-49 = 100Shipments

PRINTING

Book publication, total _ -.nNew booksNew editions

do

umber of editions..dodo—

r 841, 856533, 638866, 681858, 755

•417, 941

108,14056, 305

110, 232107, 488

99, 287

' 287,195249, 515298,138300, 216155, 498

13.80

273,217112,185283,596278,85991,116

497, 221497, 561185,634

422,15796, 67098, 716

7, 511446, 739

72, 300411, 804

125. 75

»• 1,082. 2364.2

r 1, 051. 090

' 6, 764

r 182. 8165.1

1,3911,101

290

' 881,393r 540, 506

869, 849r 873, 889' 414, 421

110, 65554,190

113,292112,059100, 256

r 319, 246265,175299, 890

' 305, 524149, 540

13.80

278, 907111,330285,178279, 933

97, 445

490, 726523, 966152,394

384,44496, 56496,148

7,927453, 407

80, 566438,833

125. 75

r 1, 028. 9359.8

* 1,044.189

r 7,032

r 203. 3179.9

781644137

' 813, 521r 586,982

758, 7P-0' 756,183

410, 562

97, 31064, 21591, 36391, 22198,804

' 290, 954' 292,307

256, 760255, 785150,515

13.80

265,092120,685252,002249, 88095,198

503, 979481, 686174, 687

338, 47196, 32496, 597

7,654481, 612

71, 086393,098

125. 75

' 960. 4390.3

r 908. 974

r 6, 412

173.7159.9

923714209

881,041609, 967888, 960880,206421, 584

106,82063, 587

112,279106,813104, 741

297,809295,870308,034306, 948151,600

13.80

302, 502140,375293,602289, 863

99,898

503,145518, 844158, 988

360,82599,49298, 503

8,643508, 70366,199

r 433,107

125. 75

r 1,039. 7330.7

r 1,065. 292

r 7,209

199.8183.9

802661141

867,980612,394861,811856, 917428, 204

108,55263,230

110,331107, 736109, 274

307,601302,427299, 596297, 900153, 295

13.80

283,590138,597281, 316280, 946

99, 935

491,153482, 559167, 582

388,32196, 59298, 202

7,033490,25664,769

396, 943

125. 75

r 1,064. 7428.8

r 1,004. 388

'7 ,444

194.1180.0

888754134

r 885, 680r 598, 202

915, 483r 904, 536' 432, 502

r 115, 249»• 61, 590119,167

* 113,274r 109, 693

r 308, 606r 294, 559

311,139r 310,483r 153,951

13.80

285, 726136,413301, 887302,127

98, 741

525, 996541. 835151,743

437,191110,328107, 407

9, 954448,90777,057

415,231

125. 75

r 1, 088. 0390.5

' 1,103. 794

r 7, 666

187.2186.9

1,4081,198

210

874,399586, 500889, 438885, :i29437, 830

114,11049, 454

116,306111,707110,621

292,411290,345302, 431303,304153,078

13.80

290,966132,982297,084297,306

96,021

522,109542, 994130,858

420,422106,479107, 920

8,513434,131

88, 372455, 406

125. 75

r 1,074. 5343.2

' 1,096. 093

«• 7, 245

' 167. 9r 177.1

941811130

899, 528606, 314852, 704856,746436,197

124,40462,182

118,147116,191115, 606

324,111300,129290, 773297, 369146, 482

13.80

286, 546128, 452278,058281, 499

90, 575

500,119505,987124, 990

407. 980109, 217111, 526

6,204439, 446

76, 917445, 761

125. 75

' 1, 063. 0363.0

r 1,054. 482

«" 7,041

179.8168.2

860701159

972,198713, 450929, 531930,057445,704

117, 48862,044

121,499124, 663111,117

345, 687375, 230313,879309, 920150,441

14.00

306,833152, 296302. 253298,916105, 718

490,822466, 253149, 559

383, 520115, 577113,882

7,899417, 757131,058392, 506

125.75

1,020. 3450.7

r 1,013. 392

6,808

184.6172.2

971771200

r 919,462r 701, 823' 879, 740' 878, 503r 420, 633

r 124, 258r 72, 464116, 663

*• 121, 485r 107, 514

313,528359,160295, 390292,057153, 774

14.10

304, 226149, 642

* 293,127287, 841

88, 954

479, 286464,060164, 785

365, 221109, 924110, 597

7,226412,197

87, 686364, 320

125. 75

1,085.0523.4

1,043.195

6,870

176.5151.7

950756194

' 1,046.100' 764,153r 996. 005

' 1,006,266r 415, 792

r 133, 840r 74, 568

' 129,102r 130, 972' 106, 733

r 365, 052r 395, 473r 343, 915-•349,317r 148, 372

14.10

' 348, 795r 173, 892' 326, 668r 327, 564

r 88, 968

539,129512,033191. 881

438, 895125, 456125, 065

7,617383, 069

82, 644435, 767

125. 75

1,311.7515.7

1,214 196

8,226

193.7178.8

1,102855247

975,000769,000965,000957,000423,000

134,00086, 000

128, 000128, 000107, 000

333, 000384,000328,000328.000148, 000

14.10

327,000177, 000318, 000319, 00087,000

518,627540, 516169, 992

431, 788120,917121,098

7,436369, 230

78, 792421, 245

125.75

1,163.1507.6

1,142. 295

7,863

188.0167.9

1,175965210

v 14.10

521, 322525, 000166,314

455, 404133, 4S7131,093

9,830340, 438

86 432

v 125. 75

1, 248.4621.0

1,187. 296

7,948

183.6167.0

1,069838231

1, 239. 0582.2

1,210.699

993800193

RUBBER AND RUBBER PRODUCTS

RUBBERNatural rubber:

Consumption long tonsStocks, end of month do...Imports, including latex and guayulej do--.Price, wholesale, smoked sheets (New York)

dol. per lb.Chemical (synthetic):

Production long tons.Consumption do__.Stocks, end of month do._.Exports do-_.

Reclaimed rubber:Production do__.Consumption do.-.Stocks, end of month do...

TIRES AND TUBES

Pneumatic casings: <?Production — ___ -thousands.Shipments, total do...

Original equipment do...Replacement equipment do__.Export do__.

Stocks, end of month do...Exports do...

Inner tubes: cfProduction do...Shipments do__.Stocks, end of month do_-.Exports do...

51,398104,377

55, 983

.213

46, 55452, 628

167, 5832,759

21,18420,53631,105

7,9658,3193,0205,115

18415, 504

5,9096,002

11,170104

54, 253104, 541

.231

45,95457,195

157,1722,032

22, 20722,32130,845

8,7969,0792,8906,029160

15, 218167

5,7396,63110,379

37,894109, 56440,601

.244

46,96441, 552162, 9443,228

17,90716,30131,304

6,3608,8852,7825,949155

12, 640136

4,1326,2578,429

67

38,069124,81059,124

.231

48,80742,051170,1593,018

15,44417,r"27,692

5,427

2,5275,429123

9,985116

3,7735,7486,588

73

52,412119,19148,618

.241

51,38453,878161,6622,161

22,33219,92629,632

7,2796,2691,6014, 537130

11,184131

4,4904,0347,179

65

55,970115,97049,432

.265

55,64458,3C9161,1673,294

23,44422,09830,395

7,6,2661,4,251147

12, 799120

3,9533,0878,313

62

53,326105,02545,474

.273

55,01857, 287156, 9052,908

22,91522, 32129, 451

7,6266,8423,1243,560

15813,676

147

3,2462,6818,706

69

55,096102,94343, 557

.288

58, 45664,130150,1752,672

25,76224,54630, 746

8,4447,3463,7073,470169

14, 774141

3,2012,569

70

56,911101,05049, 941

.325

69,92968,379147,8133,422

25,23725,32229, 656

9,0408,9113,7854,967159

14, 949134

4,1168,252

58

50,99797,18950,880

.354

67, 67967, 614141,6603,148

25, 33224, 33330,125

8,7458,2723,8334,281157

15,368155

2,8502,8628,244

81

58, 472102,05861, 250

.313

78, 50677,118143, 5134,454

29, 57428, 67430, 311

10,0839,9074,7804,926201

15, 609180

3,2343,3278,217

96

r 52, 963• 101,62061,113

r.323

r 75,075•• 72,046'141,418

5,564

r 26, 678r 26, 609r 30, (

9,1539,9374,4575,315165

14,890155

2,8363,2507,963

87

54, 758106, 859

.314

82,16475, 760143, 247

27, 92027, 68929, 250

9,9499, 8654,3525,361152

14, 936

3,0053, 2337, 735:

.348

r Revised. P Preliminary.t Revisions for 1947-April 1955 for paper will be shown later; data prior to 1947 for unfilled orders and stocks of paper are on a different basis from revised figures, hence not comparable.

Revisions for January 1953-April 1955 for shipping containers will be shown later; those for various months in 1952 for rubber imports appear in the May 1954 SURVEY.cf Data for production, shipments, and stocks have been revised beginning January 1953. Revisions prior to June 1953 are available upon request.



1954


berDecem-

ber

1955

Janu-ary


STONE, CLAY, AND GLASS PRODUCTS

ABRASIVE PRODUCTS

Coated abrasive paper and cloth, shipments—reams.

PORTLAND CEMENT

Production thous. of bbl.Percent of capacity

Shipments thous. of bbLStocks, finished, end of month do—Stocks, clinker, end of month do. .-

CLAY PRODUCTS

Brick, unglazed:Production^ thous. of standard brick.Shipments J dO-_.Price, wholesale, common, composite, f. o. b.

plant dol. per thous.Clny sewer pipe, vitrified:t

Production short tons.Shipments do . . .

Structural tile, unglazed: tProduction do- . .Shipments _do-_-

GLASS PRODUCTS

Glass containers:Production thous. of gross..Shipments, domestic, total do

General-use food:Narrow-neck food doWide-mouth food (ind. packers' tumblers,

jelly glasses, and fruit jars) thous. of gross.-Beverage (returnable and nonreturnable)

thous. of gross..Beer bottles doLiquor and wine doMedicinal and toilet d o —Chemical, household and industrial d o —Dairy products d o —

Stocks, end of month doOther glassware, machine-made:

Tumblers:Production thous. of dozens..Shipments doStocks do

Table, kitchen, and householdware, shipmentsthous. of dozens..

GYPSUM AND PRODUCTS

Crude gypsum, quarterly total:Imports thous. of short tons..Production do

Calcined, production, quarterly total doGypsum products sold or used, quarterly total:

Uncalcined short tons..Calcined:

For building uses:Base-coat plasters. _ d o —Keene's cement doAll other building plasters doLath__ thous. of sq. ft..Tile do.__.Wallboardc? do___.

Industrial plasters short tons..

162, 256

23, 27996

24,91125, 41210, 392

522, 589527, 964

28.151

136, 696139, 563

83, 27281,331

11,62110,915

1,365

2,869

1,0041,1671,0512, 355908196

13,783

5,6515, 9329,297

2,987

177, 518

22, 80297

28, 63219, 6748,585

554,413588, 209

28.151

151, 249150, 497

86, 67083, 562

11, 27511,072

1,037

2,803

1,2681, 2331,0332,536948214

13,745

4,9635,3998,850

2,827

8812,2611,894

687,950

437,73612, 251224,711634,8577,668

1,044, 22662,087

142, 262

25, 482102

27, 70217, 5247,203

537, 984573, 536

28.193

135, 475153, 426

83, 89078, 663

10.8509,970

925

9121,133856

2,172825217

14,353

3,9434,6168,751

2,606

151,217

25,698103

28.88714, 4086,029

582,952586, 532

148,594162,363

84, 62680,906

11,42911,148

3,724

525900950

2, 669996286

14, 397

5,131»5, 2208,652

2,966

173,046

25, 522106

29, 03210, 9094,720

576,185589, 340

28. 382

156,115157, 590

81, 27877,095

9,92910,730

1,511

3,210

343677

1,1652, 536985303

13, 336

5,1224,7689,036

3,503

1,1402,3962,070

746, i

493, 27613, 984266, 419""",5268,335

1,070, 71860,138

169, 267

25, 887104

27,1349,6673, 806

561,190571,103

28.382

148,169153, 246

81, 36'79,160

10, 90810,145

1,121

3,033

325586

1,4082,45297243

13, 721

5,7806,2708,535

4,175

167,960

23, 82698

22, 76610,7323,634

557,097548,588

28.430

148, 573140, 320

79,69971,874

9,3059,255

830

2,670

310561

1,3042,409926245

13, 461

5,4894,8889,181

3,180

171,087

22, 29089

16, 34716, 7225,274

519,144464,080

28.430

151,619121,607

68,62164,351

8,5388,891

767

2,514

506677

1,0122, 36f

75'

12,892

4,5684,2379,450

2,853

8382,5502,026

814,663

400,17212,114

254, 640641, 847

8,3031,136, 922

66,327

181,812

20, 23181

13,520)23,436;7,888

468, 522412, 028

28.642

132, 268100, 512

65,82763, 716

10, 4499,593

833

3,016

39259684'

2,772923214

13, 301

5,4924,897

2,752

178, 210

17, 61278

14,03127, 01810, 812

445, 775405, 001

28. 559

133,933108, 975

65, 43859, 583

10, 2119,177

2, 719

455536976

2,564903178

14,058

5,2544,721

3,089

209,147

22, 40990

22, 941' 26,487r 12, 571

562, 507• 568, 469

28. 559

163,417148,750

' 72, 470r 69, 059

11, 29310, 930

1,038

2,836

853854

1,2572,894

997201

14, 247

5, 72,5,619

3,672

6642,3332,025

650,083

395, 23412,758

243,148683, 286

7,2751,174, 386

73,62-

194,005

24, 847103

25, 29526,03911,870

569, 355605, 391

* 28. 654

142,879147, 018

65,14670,10,

11, 04510, 422

1,05:

2,699

9801,0701,2,399

930195

14, 521

5,513r 5, 255

11, 75811, 63,

1,114]

3,277

1,3111,1561,0602, 555

959203

14, 331

10, 840

1,520392

4,752

1,604

340388

r2 7l3' 2 24, 846

r 2 472r 2 1, 008

12, 312

i 1, 6301510

i 4, 680

i 1, 550

13451420

1,65021, 091

9711,150

TEXTILE

10,811

944280

3,312

1,288

288300

2,21716, 5771,2031,073

13, 685

1,660480

4,032

1,556

392396

2,75120, 4291,2571,234

PRODUCTS

15,156

i 1, 655i 440

i 4, 620

i 1, 795

1435i 430

2,45217,157

8741,170

14, 454

1,456352

4,464

1,692

408384

2,26917, 593

7381,200

14,560

1,592324

4,272

1,728

360364

2,46318,5111,1581,140

12, 776

i 2,0501320

1 4,980

i 1, 715

1340i 265

2.03518, 6751,464

986

12,335

1,848296

5,712

1,840

352300

2,187r 20, 453

1,7731,248

12,969

1,816288

4,944

1,876

388300

2,110' 20, 273

1,7561,289

14,162

i 2, 0651335

i 5, 940

i 2, 225

1435i 415

2,896r 28, 070

1,8461,446

12,001

1,636372

5,856

1,908

416360

1,146r 29, 459

8801,358

10,713

1,816496

5,328

1,744

424360

88728, 912

7821,280

APPAREL

Hosiery, shipments thous. of dozen pairs. _Men's apparel, cuttings:* ̂

Tailored garments:Suits thous. of units. .Overcoats and topcoats doTrousers (separate), dress and sport do

Shirts (woven fabrics), dress and sportthous. of doz._

Work clothing:Dungarees and waistband overalls doShirts do

Women's, misses', juniors' outerwear, cuttings:*Coats thous. of units..Dresses doSuits doWaists, blouses, and shirts thous. of doz...

r Revised. *> Preliminary. i Data cover a 5-week period{Revisions for 1952 are shown in the August 1953 SURVEY.2 Revisions for January-Aprii 1954 for women's, etc. cuttings (units as above): Coats—2,189; 2,379; 3,071; 1,380; dresses—19,471; 20,845; 27,557; 27,198; suits—1,492; 1,663; 1,727; 695; waists

etc.— 1,124; 1,214; 1,378; 1,135.cfIncludes laminated board (reported as component board); also sheathing and formboard.*New series. Compiled by the U. S. Department of Commerce, Bureau of the Census. Data are estimated industry totals derived as follows: Men's apparel—estimates beginning 1954

are based on a monthly sample survey of manufacturers, accounting for approximately 75 percent of total production; data prior to 1954 are based on a sample covering establishments thataccounted for about 90 percent of the total 1950 cuttings of these items. Women's outerwear—based on reports from establishments classified in the women's principal outerwear industries forthe specified items; monthly data beginning January 1954 are estimated from reports of producers that account for approximately 75 percent of total output. Data prior to 1952 for all seriesand for January-December 1952 for men's dungarees and waistband overalls will be shown later; data for 1952 (except men's dungarees, etc.) are shown at bottom of p. S-38 of the December1953 SURVEY.

IData for June, September, and December 1954 and March 1955 cover 5-week periods and for other months, 4 weeks.° Includes cumulative revisions for June-August 1954

JlllV 195; SURVEY OF CURRENT BUSINESS S-39

Unless o therwise s ta ted , s ta t is t ics through 1952 anddescriptive notes are shown in the 1953 Statist icalSupplement to the Survey

1954


berDecem-

ber

1955

Janu-ary


TEXTILE PRODUCTS—Continued

COTTON

Cotton (exclusive of linters):Production:

Ginnings§ thous. of running bales..Crop estimate, equivalent 500-lb. bales

thous. of bales..Consumption! bales _.Stocks in the United States, end of month,

total! thous. of bales..Domestic cotton, total do

On farms and in transit doPublic storage and compresses doConsuming establishments do

Foreign cotton, total do

Exports.. bales..Imports 9 doPrices (farm), American upland cents per lb_.Prices,- wholesale, middling, m&", average 10

markets cents per lb_.Cotton linters:1

Consumption thous. of bales..Production d o —Stocks, end of month do

COTTON MANUFACTURES

Cotton cloth:Cotton broad-woven goods over 12 inches in width,

production, quarterlycf mil. of linear yards.Exports thous of sq. yd.Imports 9 do. . .Prices, wholesale:

Mill margins cents per lb.Denim, 28-inch cents per yd.Print cloth, 39-inch, 68 x 72 do__.Sheeting, in gray, 40-inch, 48 x 44-48 do . . .

Cotton yarn, natural stock, on cones or tubes:Prices, wholesale, f. o. b. mill:

20/2, carded, weaving dol. per lb_36/2, combed, knitting _do...

Spindle activity (cotton system spindles) :1Active spindles, last working day, total thous.

Consuming 100 percent cotton do. . .

Spindle hours operated, all fibers, total___mil. of hr_Average per working day do___

Consuming 100 percent cotton do. . .Operations as percent of capacity

RAYON AND ACETATE AND MFRS.

Filament yarn and staple:Shipments, domestic, producers':

Filament yarn mil.oflb..Staple (incl. tow) do

Stocks, producers', end of month:Filament yarn doStaple (incl. tow) do

Imports .-thous. of lb.Prices, wholesale:

Yarn, viscose, 150 denier, filament, f. o. b. shippingpoint dol. per lb_

Staple, viscose, V/i denier doRayon and acetate broad-woven goods, production,

quarterly cf thous. of linear yards..

SILKSilk, raw:

Imports thous. oflb-.Price, wholesale, white, Japanese, 20/22 denier, 87%

(AA), f. o. b. warehouse dol. per lb._

WOOL

Consumption, mill (clean basis)iJApparel class thous. of lb._Carpet class do

Imports, clean content 9 doApparel class (dutiable), clean content* do

Prices, wholesale, raw, Boston:Territory, 64s, 70s, 80s, clean basis dol. perlb. .Bright fleece, 56s-58s, clean basis doAustralian, 64s, 70s, good topmaking, clean basis, in

bond dol. per lb._

645,472

11,38611,305

so:8,96:1,540

81

336,12011, 679

32.

34.4

108»•6116

r 5 1, 594

47, 2434,732

26.2834.915.316.3

.627

.917

20,62719,325

8,932447

8,366122.6

58.332.1

27.92,178

.780

.336

671

5.03

•«23,403r 6 8,372

19,110, 553

1.7311.184

1.725

4 778, 558

10,18310,106

55!8,1891, 358

77

434, 9348,17732.3

34.

4 113••4 86

»• 1, 548

49,8184,283

26.5034.915.416.3

.633

.921

20,64619, 332

4 10, 93944"

410, 2164 122. 8

57.935.7

67.028.0

3,106

.780

.336

383,248

843

4.53

'4 27, 852r4 8,964

21,60312,385

1.7671.187

1.725

389

541, 553

9,7289,653

2558,2241,174

75

227, 8558.719

32.2

34.4

96'66

'1,533

48, 2824,355

26.4834.715.816.3

.636

.917

20, 60619, 286

7,066372

6,578102.4

53.132.1

70.229.0

2,940

.780

.336

654

4.55

r 21,085r 5, 479

19,012

1.7561.166

1.725

667, 443

21,99621,91712,6318,304

98279

189,5859,94134.0

34.2

11282

1, 52.R

47,1605,110

26.5135.916.316.4

.633

.917

20, 63319,306

9,171459

8,583126.2

53.35.8

73.30.1

5,785

.780

.336

890

4.68

r 23, 70i«• 9,18518,4789,401

1.7621.211

1.725

4 815,31,1

20, 99220, 9218,990

10,8621,069

71

199, 3226,53834.6

34.54 1004 1771,587

2,30250, 8097,622

26.0035.916.516.4

.633

.919

20,63419,276

4 11,222458

4 10,4554 126. 0

62.132.4

64.830.3

7,535

.780

.336

407,576

567

4.83

4 24,4054 114

17,7578,085

1.7711.220

1.725

9,670

706, 603

19,19, 8845.T "

12, 7331,348

64

350,8536,635

34."

34.3

117224

1,666

55,8216,907

26.6035.916.516.5

.64:

.931

20,69619, 295

9,735493

9,042136.

64.232.4

61.433.1

8,300

.780

.336

814

4.75

r 19,850' 9,459

16,9988,316

1.7121.196

1.725

12, 439

703,697

18,86318, 8043,484

13,8031,517

59

389, 6256,89833.2

117214

1,763

48, 51110,887

26.8035.916.316.6

.637

.931

20,78219,348

9,464485

8,768134.

33.5

58.933.6

9,915

.780

.336

777

4.78

r 18, 740•• 9, 095

13,8977,884

1.6001.075

1.675

i 13,039

4 801, 748

17, 58017, 5162,057

13,8241,635

63

496, 56610,129

32.7

34.1

41134 196

1,785

r 2,49752, 6419,953

26.5035.115.916.6

.642

.933

20, 62619,136

4 11,059442

410, 2394 122. 5

70.434.9

55.632.0

12,696

.780

.336

464, 858

692

4.60

-4 22, 599'411,070

14,4537,828

1.5601.135

1.625

213, 405

711, 286

16,46316, 4011,190

13,4451,767

62

334,15716, 489

32.5

34.2

125187

1,831

44,1237,683

27.2934.916.516.6

.659

.931

20,78219, 282

9,934497

9,184138.0

65.835.4

55.528.6

11,906

.780

.336

1,400

4.61

21,3499,960

19,62912,029

1.5501.146

1.525

720,815

15, 35115, 242

73112,6681,843

109

307,45616, 805

31.7

34.2

115166

1,827

47,4277,035

27.3734.916.516.

.664

.947

20, 95419, 429

10, 046511

9,299142.5

67.933.0

50.425.8

11,356

.780

.336

812

4.53

22, 72510,195

17,9569,313

1.5561.191

1.475

13,601

3 13, 6794 892, 892

14,29514, 236

55611,8481,832

58

369, 24128,374

31.9

33.7

4 1374 140

1,793

P 2,59664,55210, 940

27.7834.916.316.6

.665

.947

20, 89219, 365

4 12,400496

4 11,4854 138. 5

39.1

44.622.2

17,734

.830

.336

475,691

879

4.46

4 27,1214 12, 676

26,93813,071

1.5351.138

1.475

696, 354

13, 46113, 395

45911,1621,774

239,33016, 594

31.9

33.6

135102

1,738

47,8868,481

27.3634.916.016.5

.945

20, 67419,160

9,594488

8,854136. 8

77.533.1

39.322.1

18, 604

.830

.336

585

4.56

r 22, 722'10,217

23,70311,565

1.4951.095

1.475

703,240

12, 58812,517

442|10,3991,676!

711

31.5

33.9

142.87|-

1,666|-

26.59P 3 4 . 9v 15.8P16.3

p . 663p . 945

19, 82418,302

9,678484

8,937135.7

71.630.4

40.121.1

. 830

. 336

M.58

23,56710,336

1.4751.072

1.475r Revised. * Preliminary, i Girmings to December 13. 2 Ginnings to January 16. 3 Total ginnings of 1954 crop. 4 Data cover a 5-week period. 6 Revisions for January-April 1954- Cotton

linters (thous. of bales)—production, 225; 200; 192 (5 weeks); 153; stocks, 1,395; 1,424; 1,563; 1,592; wool consumption (thous. of pounds)—apparel class, 18,610- 19 666* 24 470* 21 906" carpet class10,054; 9,998; 11,943; 9,384. > > > , , , , , , P

§ Total ginnings to end of month indicated.IData for June, September, and December 1954 and March 1955 cover 5-week periods and for other months, 4 weeks; stocks and number of active spindles are for end of period covered.9 Revisions for 1952 appear in corresponding note in April 1954 SURVEY.•New series. Imports of wool are compiled by the U. S. Department of Commerce, Bureau of the Census; dutiable wool covers essentially the apparel class; data prior to April 1952 will be

shown later.^Revisions for 1952 are shown in the August 1953 SURVEY. cTRevisions for broad-woven goods for first and second quarters of 1952 are shown in the October 1953 SURVEY.

S-40 SURVEY OF CURRENT BUSINESS Juiv ion;

Unless otherwise s ta ted , statistics through 1952 anddescriptive notes are shown in the 1953 StatisticalSupplement to the Survey

1954


berDecem-

ber

1955

Janu-ary


TEXTILE PRODUCTS—Continued

WOOL MANUFACTURES

Knitting yarn, worsted, 2/20s-50s/56s, Bradford system,wholesale price dol. per lb_.

Woolen and worsted woven goods, except wovenfelts:*

Production, quarterly, total thous. of lin. yd_.Apparel fabrics, total do

Government orders doOther than Government orders, total do

Men's and boys' doWomen's and children's do

Nonapparel fabrics, total doBlanketing doOther nonapparel fabrics do

Prices, wholesale, suiting, f. o. b. mill:Flannel, 12-13 oz./yd., 57"/60" 1947-49=100-.Gabardine, 10^-12H oz./yd., 56"/60"O do

2.037 2.043

1,44063, 559

57062, 98930,07832,911

5,8813, 3462,535

112.1 112.9!103. 6 103. 6!

2.043 2.037

112.9103. 6i

2.037

72,493|-

2.013

67,604;458:

67,146!

28, 043!39,103!

112. £103.6

4,8892,9491,940

112.9103. 6

111.103.61

74, 97269, 4761,208

68, 26834, 03834, 230

5, 4962,5542,942

112.1 112.1103. 61 103. 6

112.1103.6

1.916

112.197.3

1.916

73, 510

r 1. 879 v l. 865

68,941!1,823L67,11835, 75431, 364

4,5692,6141,955

112.197.3

112.197.3

112.997.3

TRANSPORTATION EQUIPMENT

AIRCRAFT

Civil aircraft, shipmentsExports 9

MOTOR VEHICLES

Factory sales, totalCoaches, total

Domestic.- .__ __Passenger cars, total

Domestic _Trucks, total

Domestic

Exports, total 9Passenger cars 9Trucks and buses 9

Truck trailers, production, total.__Complete trailerscf

Vans.All other cf

Trailer chassis

Registrations:New passenger cars...New commercial cars

RAILWAY EQUIPMENT

American Railway Car Institute:Freight cars:

Shipments, total . . . .Equipment manufacturers, total

Domestic _.Railroad shops, domestic

Passenger cars, equipment manufacturerOrders unfilled, end of month, total*..

DomesticShipments, total __

Domestic

Association of American Railroads:Freight cars (class I), end of month:§

Number owned

number _do

number.

dodo ___do_-._do

dododo.—

d o -do

- d o ._.dodo

do_do_. -

number. .dododo

s:©

do . . ._.do _

do

thousandsUndergoing or awaiting classified repairs

thousands. _Percent of total ownership

Orders, unfilledEquipment manufacturersRailroad shops

number. do. _

doLocomotives (class I), end of month:

Steam, undergoing or awaiting classified repairsnumber..

Percent of total on lineDiesel-electric and electric: Orders, unfilled

number of power units. _

Exports of locomotives, totali number

INDUSTRIAL TRUCKS AND TRACTORS

Trucks, electric, shipments:Hand (motorized)* numberRider-type .__ - do

Trucks and tractors, gasoline-powered, shipments*number

30995

'588,611••323'300

497, 062478,889

91,22673, 712

37,47918, 29619,183

4,8444,6381,9342,704

206

520,95878, 209

3,6582,5132,0281,145

541314

4126

1,768

1126 3

12,1691,214

10, 955

1,18011.4

170

46

445

31667

598, 876351349

507, 055489,994

91,47074, 250

30,25414,69715, 557

5,2484,9772,4792,498

271

596, 71985, 858

2,6831,2631,2301,420

500285

4430

1,764

1166 6

11, 4291,7939,636

1,11711 1

124

36

445

293105

530, 416246190

451, 663437,028

78, 50762,161

29,15413, 21015,944

3,6783,4571,8581 599

221

474, 31665,181

2,051955705

1,096

502316

6534

1,757

1186 7

10,3341,7318,603

1,08111.0

133

42

413

26568

521, 450309306

445, 306431, 371

75, 83560, 263

26 79411,51915,275

3,8993 7402,0521 688

159

440, 31264,180

2,450990837

1,460

450291

5225

1,753

1226 9

11,0163,9117,105

1,10211.4

99

34

357

26583

369 942326314

300,998292,72168,61850,845

26 6459, 556

17, 089

4,2714 1052,2561 849

166

407, 84466,174

2,9581,6001,2081,358

587448

4222

1,750

1267 2

10,2324,4035,829

1,23313 1

115

39

357

17461

287, 730397385

221,195214,91366,13848,966

22, 2246,357

15, 867

4,5214,3562,5511,805

165

395, 94371, 254

2,3481,338

8071,010

563434

3825

1,745

1227.0

11, 7854,9526,833

1,23713.5

158

32

348

288108

587, 785305251

498, 248477, 927

89, 23272, 862

29, 26112,51916, 742

4,8764,7432,8221 921

133

381 08164 735

1,7701,085

617685

514405

5434

1,739

1206.9

13,6396,5817,058

1,22613.1

267

33

359

29087

766,169422332

669, 936643, 76395,81179, 767

34, 84920,39314, 456

4,9254, 7262,8231 903

199

656,61169,838

2,2321,4281,369

804

757671

5734

1,736

1166 7

13, 6246,0787,546

1,22714.5

493

29

394

3501 83

725. 379190185

635,513611,040

89, 67673, 949

38,46821, 55016, 918

4,7504 6022 8491 753

148

440 02462 231

2,0081,5991 599

409

761693

4018

1 733

1217 0

16,9707 2489 722

1,29015 6

472

28

387342

1,449

357115

744,942176148

677,705648, 616

67, 06155, 253

36, 09223,25612, 836

5,2265,0293,0911,938

197

476, 58456, 242

2,5722,0321,882

540

725672

3621

1,730

1247 1

17, 0966,981

10,115

1,29816 1

455

42

444359

1,652

478162

894, 597

267791, 280765, 663102,992

86, 070

37,13124,13612, 995

6,4026,1403,7392,401

636, 53464, 732

3,1332,3682,068

765

953918

4527

1,727

1176 8

18 0016, 240

11, 761

1,215

428

45

507

1,808

438111

881, 840519501

753, 434727, 907127, 887110, 205

40 44722, 90417, 543

6, 3605, 8343,7042,130

526

651, 85579, 071

3,0751,9891,6641,086

920896

3625

1 723

1146 6

18 1936 235

11 958

1,24716 5

360

49

476406

1,647

486

849, 393313266

r 721,139697, 471

"•127,941108,377

661, 30482, 086

4, 3202,6752,4381,645

1,0241,007

4941

1 720

1106 4

17 0305 590

11 440

1,18616 2

385

678833

3,926

p 2649, 000

p 2120, 000

f Revised. P Preliminary.1 Beginning January 1955, data include 2 types of aircraft formerly classified as "special category" and therefore excluded from the total; January exports of such types totaled 8 aircraft.2 Preliminary estimate of production based on Ward's Automotive Reports. Production for preceding month: 725,000 passenger cars; 130,000 trucks.{Revisions for 1952 are shown in the August 1953 SURVEY.©Width of cloth relates to that currently used; change does not affect the comparability of the series.9 Data exclude all military-type exports. Scattered monthly revisions for 1952 for motor vehicles will be shown later.d"1 Revised beginning 1952 to include production of converter dollies; data as revised are comparable with figures through 1951 shown in the 1953 issue of BUSINESS STATISTICS. Revisions

for January-September 1952 are shown in the December 1953 SURVEY.©Excludes railroad shops except when noted.*New series; monthly data prior to 1953 (except for trucks and tractors) will be shown later.§Not including railroad-owned private refrigerator cars.^Revised exports for May 1952, 41 locomotives.

U, S . GOVERNMENT PRINTING OFFICE: 1 9 5 5

-INDEX TO MONTHLY BUSINESS STATISTICS, Pages S1-S40-Pages marked S

Abrasive paper and cloth (coated).-.____ 38Acids 24Advertising 8Agricultural employment ..„_.. 11Agricultural loans and foreign trade 16, 17S 21, 22Aircraft and p a r t s - . . . . - _ 2, 11, 12,14, 15,40Airline operations _ _ _ _ _ 23Alcohol, denatured and ethyl _ _ 24Alcoholic beverages _ 2, 6, 8, 27Aluminum 33Animal fats, greases, and oils- 25Anthracite 11,13,14,15,34Apparel.. 2,3,6,8,9, 10,12,13,14,15,38Asphalt and asphalt products. 36Automobiles. 2,3,8,9, 11,12, 14,15, 16,22,40

Bakery products 2,12, 13, 14,15Balance of payments . . 21Banking 14,16Barley__ 28Barrels and drums ___, 32Battery shipments - 34Beef and veal _ _ _ _ _ 29Beverages 2, 6,8, 12, 13,14,15,27Bituminous coal 11, 13, 14, 15,35Blast furnaces, steel works, etc 11,12,14,15Blowers and fans 34Bonds, issues, prices, sales, yields 19, 20Book publication 37Brass 33Brick 38Brokers'loans and balances 16,19Building and construction materials 8,9,10Building costs 7, 8Business incorporations, new 5Business sales and inventories . 3Butter. ___ _ 27

Cans (metal), closures, crowns 33Carloadings 23Cattle and calves 29Cement and concrete products 6,38Cereals and bakery products 6, 12, 13,14, 15Chain-store sales (l 1 stores and over only) 10Cheese _ . — 27Chemicals 2,3,4,6, 12, 13, 14, 15, 18,22,24Cigarettes and cigars 6, 30Civilian employees, Federal._ _ 12Clay products (see also Stone, clay, etc) 6,38Coal. 2,3,6,11,13,14, 15,22,23,34,35Cocoa. . - 22,29Coffee. - - - _ - -_ 22,29Coke - - - - - ________- . 23,35Commercial and industrial failures ,___..- 5Communications 11,13,14,15, 19, 20, 24Confectionery, sales _ 29Construction:

Contracts awarded _ 7Costs __- 7,8Dwelling units - 7Employment, earnings, hours, wage rates-- 11,

13,14,15Highways and roads 7,8,15New construction, dollar value __ 1,7

Consumer credit 16,17Consumer durables output, index 3Consumer expenditures 1,9Consumer price index __ 6Copper 22,33Copra and coconut oil 25Corn 19, 28Cost-of-living index (see Consumer price

index) 6Cotton, raw and manufactures 2,5,6, 22, 39Cottonseed, cake and meal, oil 25Credit, short- and intermediate-term 16,17Crops 2,5,25,28,30,39Crude oil and natural gas 2,3Currency in circulation 18

Dairy products 2,5,6, 12,13, 14, 15,27Debits, bank 16Debt, United States Government__ 17Department stores 9,10,16Deposits, bank 16,18Disputes, industrial 13Distilled spirits 27Dividend payments, rates, and yields 1,18, 20Drug-store sales._ _ 9,10Dwelling units, new 7

Earnings, weekly and hourly. ___-_____„_ 14,15Eating and drinking places. _- 9,10Eggs and poultry.-. . . „ _ _ _ _ - _ _ . . 2, 5,29Electric power 6, 26Electrical machinery and equipment- 2,

3,5, 11,12,14,15, 18,22,34Employment estimates and indexes 11,12Employment Service activities 13Engineering construction 7,8Expenditures, United States Government 17Explosives 25Exports (see also individual commodities) 21,22Express operations. 23

Failures, industrial and commercial -_ 5Farm income, marketings, and prices 1,2,5,6Farm wages. _ 15Fats and oils, greases. _ 6, 25, 26Federal Government finance _ _ _ 17Federal Reserve banks, condition of 16Federal Reserve reporting member banks _ _ . . . 16Fertilizers - . . _ _ . _ _ 6,25Fiber products _ _ . . _ . , . _ 34Firelosses__ _. _ ___.. 8Fish oils and fish 25,30Flaxseed 26Flooring 31Flour, wheat . 29

Pages marked SFood products _ 2,3,4,6,

3, 9, 12, 13, 14, 15, 18, 22, 23, 27, 28, 29, 30Foreclosures, real estate. _. 8Foreign trade indexes* shipping weight, value

by regions, countries, economic classes, andcommodity groups . . . __________ 21,22

Foundry equipment . _________________ 34Freight carloadings . _ _ 23Freight cars (equipment) __ 40Freight-car surplus and shortage„ _ _ _ _ 23Fruits and vegetables. 5, 6, 22, 28Fuel oil.-___ ____ __ 35Fuels., . . . . . . 6,34, 35Furnaces _ 34Furniture . . 2, 3, 6, 9, 10, 11, 12, 14, 15, 16Furs.— . — 22

Gas, prices, customers, sales, revenues... 6, 27Gasoline - .. . . . . . . . . . . 9, 36Glass products 2, l l s 12, 14, 15, 38Generators and motors 34Glycerin _ . ____ 24Gold_ ________ 18Grains and products. 5, 6, 19, 22, 23, 28, 29Grocery stores-- - _ . . 9, 10Gross national product.. - . __ 1Gross private domestic investment - 1Gypsum and products 6, 38

Hardware stores 9Heating apparatus 11, 12, 14, 15, 34Hides and skins 6, 22,30Highways and roads 7, 8, 15Hogs 29Home Loan banks, loans outstanding 8Home mortgages 8Hosiery 38Hotels 11, 13, 14, 15, 24Hours of work per week 12, 13Housefurnishings 6, 8, 9, 10Household appliances and radios 3, 6, 9, 34

Imports (see also individual commodities) 21, 22Income, personal 1Income-tax receipts. 17Industrial production indexes- _ 2,3Installment credit __ 16, 17Installment sales, department stores 10Instruments and related products. 2, 3, 11, 12, 14, 15Insulating materials . _ _ . — _ 34Insurance, life _______-.„ _____ 17, 18Interest and money rates 16International transactions of the U. S.___ 21, 22Inventories, manufacturers' and trade.. .- 3, 4, 9, 10Iron and steel, crude and manufactures. ~ 2,

6, 18, 22, 32, 33

Kerosene. ._ 35

Labor disputes, turnover .__ 13Labor force 11Lamb and mutton 29Lard - . - . . — _ - 29Lead - 33Leather and products 2,

3. 6, 12. 13, 14, 15, 30, 31Linseed oil 26Livestock 2, 5, 6, 23, 29Loans, real estate, agricultural, bank, brokers'

(see also Consumer credit). _ _ _ . 8, 16, 17, 19Locomotives 40Lubricants 36Lumber and products 2,

3, 4, 6, 9, 10, II, 12, 14, 15, 18, 31, 32

Machine activity, cotton.-..__-_. . 39Machine tools - 34Machinery 2, 3, 4, 5, 6, 11, 12, 14, 15, 18, 22, 34Magazine advertising 8Mail-order houses, sales 10Manufacturers' sales, inventories, orders 3, 4, 5Manufacturing production indexes 2,3Manufacturing production workers, employ-

ment, payrolls, hours, wages 11, 12, 13, 14, 15Margarine 26Meats and meat packing. _ 2, 5. 6, 12, 13, 14. 15. 29Medical and personal care 6Metals 2, 3, 4, 5, 6, 11, 12, 13, 14, 15, 18, 32, 33Methanol 24Milk 27Minerals and mining. 2 3, 11, 13, 14, 15, 19, 20, 23Monetary statistics - 18Money supply _ . _ . - — . . . _ 18Mortgage Ipan8______ . . . - _ _ . - . _ 8» 16, 17Motor carriers. ,_-_________________ 23Motor fuel___ _ _ _ - . - - — - - - - 36Motor vehicles-.., _ . _ . . _ 6, 9, 18, 40Motors, electrical .. 34National income and product 1National parks, visitors 24National security 1,17Newspaper advertising 8Newsprint 22,37New York Stock Exchange, selected data 19, 20Nonferrous metals 2, 6, 11, 12, 14, 15, 18, 22, 33Noninstallment credit 17

Oats 28Oil burners 34Oil3 and fats, greases 6, 25, 26Orders, new and unfilled, manufacturers' 5Ordnance _ 11, 12, 15

Paint and paint materials 6,26Panama Canal traffic. _ _ _. ___,... 23Paper and products and pulp. — _„-_„,.__.,_ 2,

3, 4, 6, 12. 13, 14, 15, 18, 36, 37Passports issued „ _ „ _ 24Payrolls, indexes . - 12Personal consumption expenditures 1,9Personal income. _ 1

Pages marked SPersonal saving and disposable income 1Petroleum and products 2,

3, 4, 6, 12, 13, 14,15, 18, 22, 35, 36Pig iron _ ._ _ 32Plant and equipment expenditures 2» 19Plastics and resin materials 26Plywood.-_.,..__. _ _ _ - . 32Population . _ .__ . 11Pork „„__„ 29Postal savings __ 16Poultry and eggs 2,5,29Prices (see also individual commodities):

Consumer price index 6Received and paid by farmers 5Retail price indexes 6Wholesale price indexes - - - 6

Printing and publishing 2, 3, 12, 13, 14, 15, 37Profits, corporation 1, 18 .Public utilities 2,6,

7, 11, 13, 14,15, 17, 18, 19, 20, 26, 27Pullman Company __ . 24Pulp and pulpwood 36Pumps 34Purchasing power of the dollar 6Radiators and convectors 34Radio and television 3, 6, 8, 34Railroads 2,

11, 12, 14, 15, 17, 18, 19, 20, 23, 40Railways (local) and bus lines 11,13, 14,15, 23Rayon and rayon manufactures 39Real estate 8, 16, 17, 19Receipts, United States Government 17Recreation 6Refrigerators, electrical 34Rents (housing), index 6Retail trade, all retail stores, chain stores (11

stores and over only), general merchandise,department stores 3, 5, 9, 10, 11, 13, 14, 15

Rice. 28Roofing and siding, asphalt 36Rosin and turpentine - 25Rubber (natural, synthetic, and reclaimed),

tires and tubes __ 6, 22, 37Rubber products industry, production index,

sales, inventories, prices, employment, pay-rolls, hours, earnings 2, 3, 4, 6, 12, 13, 14, 15

Rye. _ . _ - 28

Saving, personal 1Savings deposits.___ 16Securities issued _ _- 19Services . 1, 5, 11, 13,14, 15Sewer pipe, clay. 38Sheep and lambs..- •-. 29Ship and boat building.. 11, 12,14, 15Shoes and other footwear 6, 9, 10,12, 13,14, 15Shortening __ 26Silk, prices, imports 6, 39Silver . . 18Soybeans and soybean oil 26Spindle activity, cotton 39Steel ingots and steel manufactures (see also

Iron and steel) 2,32,33Steel scrap - - 32Stocks, department stores (see also Inven«

tories) 10Stocks, dividends, prices, sales, yields, listings. 20Stone and earth minerals 2,3Stone, clay, and glass products 2,

3,4,11,12,14,15,18,38Stoves 34Sugar 22,30Sulfur . _ . - - — _ . . __ 25Sulfuric acid-.--- . . _ _ - 24Superphosphate 25Tea 30Telephone, telegraph, cable, and radio-tele-

graph carriers 11, 13, 14, 15, 19, 20, 24Television and radio.-- 3, 6,8,34Textiles 2,3,

4, 6, 12, 13, 14, 15, 18, 22, 38, 40Tile __ _ 38Tin - 22,33Tires and inner tubes 6,9,10,12, 13,14,15,37Tobacco 2, 3, 4, 5, 6, 8, 12, 13, 14, 15, 22, 30Tools, machine 34Tractors 34Trade, retail and wholesale 3,

5,9,10, 11,13,14,15,17Transit lines, local- _ _ 23Transportation and transportation equipment- 2,

3, 4, 5, 6, 9, 11, 13, 14, 15, 18, 23, 40Travel.. ._ 24Truck trailers _ 40Trucks.._ . _ - - __ 2, 40Turpentine and rosin 25Unemployment and compensation 11,13United States Government bonds 16, 17,19, 20United States Government finance. 17Utilities 2, 5,

6, 7, 11, 13, 14, 15, 17, 18, 19, 20, 26, 27Vacuum cleaners 34Variety stores __ 9, 10Vegetable oils 25, 26Vegetables and fruits 5, 6, 22, 28Vessels cleared in foreign trade 23Veterans' benefits _ 13, 17Wages and salaries. _ ___ 1, 14, 15Washers.... _ . 34Water heaters _ 34W a x — . - - . . . _ - . . 36Wheat and wheat flour.. __• 19, 28,29Wholesale price indexes. 6Wholesale trade ._ 3> 5, 10, 11, 13, 14, 15Wood pulp . . . __ 36Wool and wool manufactures 6, 22, 39, 40Zinc __._ 33

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