Survey of Current Business July 1952 · freight cars shoes 0 locomotives, diesel-electric bituminous coal dresses steel ingots fiber consumption carpets and rugs motor trucks and

JULY 1952

U. S. DEPARTMENT OF COMMERCE

OFFICE OF BUSINESS ECONOMICS

NATIONAL INCOME NUMBER

SURVEY OF CURRENT BUSINESS

No. 7

JULY 1952

t lational Jsncome I lumber

PAGE

THE BUSINESS SITUATION 1Workers9 Hourly Earnings in Manufacturing Continue

Upward , . , , , . . . . 3Incomes of Physicians, Dentists, and Lawyers, 1949-51 5

* * *

NATIONAL INCOME AND PRODUCT OF THEUNITED STATES, 1951 . 8

List of Statistical Tables . . . ; ; . . 9National Income and Product Accounts . . . . ; . . 10

* * *

MONTHLY BUSINESS STATISTICS . . . . S-l to S-40New or Revised Statistical Series 32Statistical Index Inside Back Cover

Published by the U. S. Department of Commerce, C H A R L E S SAWYER,Secretary. Office of Business Economics, M. JOSEPH MEEHAN,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 with the Superintendent of Documents. Make checks payableto Treasurer of the United States.

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Albuquerque, N. Mex.204 S. 10th St.

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BIdg.

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For local telephone listing, consult section

devoted to U. S. Government

3k.

JULY 1952

aauon

By the Office of Business Economics

Divergent ProductionTrends

Generally production of defense and relatedproducts increased over a year ago whileoutput of consumer goods declined

E

-30Percent change between first half of 1951 and 1952-20 -10 0 *10 420 +30

I I I

AIRCRAFT

ORDNANCE AND ACCESSORIES

SHIPBUILDING

PRODUCERS' EQUIPMENT

RUBBER TIRES

INDUSTRIAL CHEMICALS

MOTOR FUEL

NONFERROUS METALS

FREIGHT CARS

SHOES 0

LOCOMOTIVES, DIESEL-ELECTRIC

BITUMINOUS COAL

DRESSES

STEEL INGOTS

FIBER CONSUMPTION

CARPETS AND RUGS

MOTOR TRUCKS AND BUSES

SUITS, MEN'S

MAJOR HOUSEHOLD APPLIANCES

PASSENGER CARS

TELEVISION AND RADIO SETS

I I

U. S. DEPARTMENT OF COMMERCE. OFFICE OF BUSINESS ECONOMICS

210674°—52 1

52-101

CONOMIC activity in June continued the moderate riseof the previous months, aside from the effects of the workstoppage in the steel industry. Continued advances indefense production and a moderate pickup in retail tradecontributed to the strength in total activity.

Most durable goods sectors of retail trade have experiencedsome improvement, with the strongest showing in Mayregistered by the automotive group where sales were morethan one-fifth above the first quarter rate, seasonally ad-justed. Nondurable goods stores have also shown increases;department stores and the food group were up more thanseasonally. It is of interest to note that from December1951 to May 1952 retail sales increased by 6 percent, season-ally adjusted, while personal income was about the same.This development is in contrast to the experience of the lasthalf of 1951 when retail sales showed a smaller increasealthough personal income rose during the period.

Activity in most other important sectors has been main-tained at a high rate. Civilian employment in June advancedseasonally to a total of 62.6 million, about three quarters ofa million above June of last year. Moderate expansion ofmost types of construction activity took place during June,with new construction totaling almost $3 billion, or 6 per-cent above June 1951. Private outlays of $1.9 billion inJune were about the same as a year ago, while public con-struction expenditures of nearly $1.1 billion were 23 percentlarger than in June 1951. New orders received by manu-facturers of durable goods dropped somewhat in May fromApril; unfilled order backlogs, although somewhat lower,were still unusually high.

$120 billion defense funds available for spendingIn recent Congressional action, the Defense Department

received $44 billion of new obligational authority for militarypurposes for the present fiscal year, about $4 billion belowthe amount requested by the President last January. Thisnew authority, plus the carryover of unobligated funds fromprior years, will enable the Defense Department to placeabout $52 billion of new orders for goods and services duringthe fiscal year 1953. On the basis of current schedules,defense new order placements during the next 12 months forprocurement of hard and soft goods and new construction(including the Defense Department, foreign military aid,atomic energy, and stockpiling) are expected to exceed $40billion, including placement from unobligated balances ofprior-year funds which remain available for use this year.

The new obligational authority embodied in the various1953 âppropriation acts—plus an estimated $64 billion re-maining either unobligated from prior-year appropriationsfor national defense or committed but not yet spent—providefor future defense spending of nearly $120 billion. On thebasis of these available funds and present schedules for pro-

SURVEY OF CURRENT BUSINESS July 1952

duction of military equipment, a significant rise in defensespending is indicated for the present fiscal year over theapproximately $43 billion spent during fiscal year 1952. Asa result, despite some increase in budget receipts due to ahigher level of business activity, the Federal Government isexpected to realize a budget deficit at the close of fiscal year1953 considerably larger than the $4 billion excess of expend-itures over receipts for fiscal year 1952.

Defense Production Act amended

To ensure an increasing flow of materials for military pro-duction, Congress continued the authority to grant prioritiesand allocations of scarce materials until June 30, 1953, in theextension of the Defense Production Act of 1950.

The new law incorporated several important amendments.Price and wage controls are continued until April 30, 1953.Federal rent controls will be maintained until September 30,1952, and until April 30, 1953, in areas where local govern-ments take specific action to extend them. The authorityto impose consumer credit controls under the Defense Pro-duction Act is revoked.

Residential credit controls are to be relaxed following a3-month period when in each month the seasonally adjustedstarts of permanent nonfarm dwelling units fall below theannual rate of 1,200,000. In such a period of credit relaxa-tion no residential credit control could require down pay-ments in excess of 5 percent of the transaction price. Forthe first 5 months of this year only in February did the num-ber of starts exceed the annual rate of 1.2 million, on aseasonally adjusted basis.

Trends of output mixedIndustrial production in the first half of 1952 has been

sustained at about the same rate as in 1951. Strong diver-gent trends still dominate the production pattern. Outputof defense and related products continued to advancethroughout the first half of 1952, although at a slower ratethan in 1951. On the other hand, total production of con-sumer durable goods, which declined drastically through thesecond and third quarters of 1951, has remained relativelystable at a level averaging about one-fourth below thevolume of the first half of 1951, and about two-fifths belowthe peak rate reached in the last half of 1950. In consumersoft goods lines, the declines in output while widespreadwere much less pronounced than those for consumer hardgoods. In only a few consumer industries were increases inproduction shown.

The work stoppage in the steel industry had little effect onmanufacturing operations of steel-consuming industries inJune. With the maintenance of high operations in manyplants, steel inventories were drawn down. In the automo-bile industry—the largest single consumer of finished steelproducts—operations through June held at about the Mayrate, but completions in July will be affected not only by thesteel situation but also by plant shutdowns due to summervacations.

The divergent production trends shown in the chart for21 important manufactured products are typical of the totalpattern. Production increases in the first half of 1952 ascompared with the same period a year ago are shown for 9of the 21 products. These increases were concentratedin industries producing goods for direct defense and fordefense-supporting purposes. The largest gains, over 100percent, were recorded for aircraft and ordnance and ac-cessories, followed by shipbuilding which was up more thanone-third.

The rise in output of producers' equipment althoughsubstantial was much more moderate, and reflects, ofcourse, the expansion in private business outlays for new

plant and equipment largely generated by the defenseprogram, and for special machinery used directly in theproduction of war materiel. Backlogs in this industry arestill large—equivalent to 6 months' shipments at the Mayrate. In the machine tool industry alone, unfilled ordersrepresent more than a year's work at the current rate ofoutput.

In the railroad transportation equipment industry,production in the first half of 1952 was subject to NPAlimitation controls. Nevertheless, plant activity was at arelatively high rate, with output of both freight cars andlocomotives in line with the quotas fixed by NPA.

Steel output falls off

The decline in production of steel ingots was due solely towork stoppages at steel mills. Two brief work interruptionsin April and May had reduced operations to less than 90percent of rated capacity in effect on January 1, 1952,after a record first quarter when output was at an annualrate of 109 million tons, or 1 percent in excess of capacity.On June 2, steel mills again closed down because of a labormanagement dispute, and this stoppage—which affectedabout 88 percent of the industry—continued throughoutthe month. As a result, the scheduled weekly rate fell to12 percent of capacity, the lowest since the industry-widestoppage in 1949. Despite the loss of production, outputduring the January-June period totaled 45 million tons, orabout as high as in the first 6 months of 1950.

Large decline in consumer durable goods

The drop in the production of consumer durable goods,as the chart shows, has been exceptionally sharp, with radioand television sets showing an extreme reduction of nearlytwo-fifths. While total output of major consumer durablegoods has held relatively steady since mid-1951, the move-ments within that group have shown considerable variation.Assemblies of passenger cars have moved steadily upwardfollowing the completion of the model change-over season atthe turn of the year but output of household durables hasshown an irregular downward trend, owing mainly to thedecline in major appliances and radios and television sets inthe more recent months.

Larger supplies of metals boosted completions of passengercars from somewhat less than 1 million in the first quarterto nearly 1.2 million in the April-June period. Productionin the first half of the year therefore amounted to an annualrate of 4.4 million passenger cars.

Despite the moderate pickup in consumer demand inrecent months for household equipment, output in April andMay fell to the lowest point since the third quarter of 1951.All major lines contributed to the decline, with radios, tele-vision sets and refrigerators showing the largest relativedrops. A recovery in output of radios and television setsfrom the low point reached in August 1951 has been partlyoffset by declines which began this February, with output inApril and May more than one-fourth below January—al-though it was still about one-fourth above August 1951.

For the nondurable goods segment as a whole, output inthe first half of 1952 was about 7 percent below the sameperiod a year ago. Large decreases in a number of importantindustries—textiles, clothing, paper, and alcoholic beverages—offset the moderate increases shown for other sectors—rubber tires, motor fuel, and cigarettes. The large drop infiber consumption—raw cotton and wool and rayon—is re-flected in the reduced activity in clothing shops producingmen's suits and women's dresses. In other consumer linessuch as food, shoes, and newspapers, output showed little 01no change.

July 1952 SURVEY OF CURRENT BUSINESS

Workers' Hourly Earnings in ManufacturingContinue Upward

January 25, 1951, when the general price andwage controls were imposed, factory workers7 hourly earn-ings have continued to rise but at a slower rate than previously.Thus, where as in the 16 months prior to January 1951,manufacturing average hourly earnings rose 10.5 percent,in the 16-month interval between January 1951 and May1952 they rose 6.6 percent. In May 1952 the average hourlyearnings for all manufacturing production workers were$1.658.

The average hourly earnings data, obtained by dividingpay rolls by total man-hours, measure gross earnings. Theyreflect not only changes in basic hourly and incentive wagerates but also such other factors as premium pay for overtimeand late shift work, and changes in the output of workerspaid on an incentive basis. The average for a group of indus-tries is also affected by shifts in employment as betweenrelatively high-pay and low-pay industries and establish-ments.

Various reasons account for the slower growth of factoryhourly earnings in the recent period as compared with theearlier one. Controls have exerted a retarding influence,both directly and indirectly, through the slower increase inthe cost of living. The slackening of demand has also beena factor, especially in the consumer goods industries. An-other moderating influence has been the shrinkage in thelength of the work week and the consequent decline in thepremium for overtime work.

Overtime up since Korean outbreak"Net" average hourly earnings, computed by eliminating

that portion of the average pay attributable to overtime attime and one-half for more than 40 hours of work per week,

Table 1.—Changes in Manufacturing Average Hourly Earnings andRelated Factors Over 16 Months Intervals Before and AfterJanuary 1951

All manufacturing industries:Gross hourly earnings

Approximate straight timeApproximate overtime pre-

mium

Average weekly hours

Durable goods industries:Gross hourly earnings .._


mium


Nondurable goods industries:Gross hourly earnings


mium _ _


Consumer price index (1935-39=100) _ _

Septem-ber1949

$1. 4071.369

.038

39.6

$1. 4821.444

.038

39.6

$1 3281.290

.038

39.6

170.7

January1951

$1. 5551.497

.058

41.0

$1. 6301.565

.065

41.5

$1. 4561.409

.047

40.2

181.5

Change,Septem-ber 1949to Janu-ary 1951

$0. 148.128

.020

1 4i. ^

$0. 148.121

.027

1.9

$0 128.119

.009

0.6

6.3%

May1952

$1. 6581 1. 605

1.053

40.0

$1. 743U.683

!.060

40. 8

$1. 536* 1. 499

J.037

38.8

189.0

Change,January

1951to May

1952

$0. 103.108

—.005

—1.0

$0. 113.118

—.005

—0. 7

$0.080.090

—.010

—1.4

4.1%

approximate straight time earnings. The spread betweengross and net hourly earnings as so computed varies depend-ing upon the amount of overtime worked. As shown intable 1, the amount of overtime increased substantiallybetween September 1949 and January 1951 as the workweek lengthened—to an average of 41 hours for all manu-facturing—in response to increased pressure for productionfollowing the outbreak of hostilities in Korea. Because ofthe marked urgency of the demand for defense materialsand producers' capital equipment, average hours workedper week increased more in the durable goods industries

Trend in ManufacturingHourly Earnings

REAL hourly earnings have risen since 1949,but at a much slower pace than currentdollar earnings

Dollars per hour1.70

1.60

1.50

1.40

1.30

Index, 1949 -•

Average Hourly Earnings,Current Dollars

(LEFT SCALE)

REAL AverageHourly Earnings^

(LEFT SCALE) >^

Consumers' Price Index(RIGHT SCALE)

I I I I I I I I I I

100115

110

105

100

951949 1950 1951 1952

{/. S. DEPARTMENT OF COMMERCE. OFFICE OF BUSINESS ECONOMICS 52-102

i Estimated by Office of Business Economics.

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

than in the nondurables and hence overtime premium paycontributed a larger portion of total hourly earnings toworkers in the durable goods industries.

Since January last year, however, the average work weekhas shortened in most industries. In manufacturing as awhole the average hours worked per week was 40 in May1952 as compared with 41 in January 1951. The consequentdecline in premium pay for overtime has operated as a partialoffset to rising straight time pay and has been especiallymarked in the nondurable goods industries where the shrink-age in demand and hours worked per week has been mostpronounced.

SURVEY OF CURRENT BUSINESS July 1952

ccReal" hourly earnings rising

Since 1949 the steady rise in manufacturing workers' aver-age hourly earnings has kept well ahead of the cost of liv-ing. "Real" hourly earnings, computed by dividing currentdollar earnings by the consumer price index, were 6.6 percenthigher in May 1952 than in May 1949. Workers in various

Changes in HourlyEarnings

have been larger in defense and relatedindustries in last three years and smallerin consumer industries

10CENTS PER HOUR

20 3O 40

INSTRUMENTS 8RELATED PRODUCTS

MACHINERY,EXCEPT ELECTRICAL

ORDNANCE &ACCESSORIES

CHEMICALS 8ALLIED PRODUCTS

TRANSPORTATIONEQUIPMENT

FOOD a KINDREDPRODUCTS

FABRICATED METALPRODUCTS

RUBBER PRODUCTS

PRIMARY METALINDUSTRIES

PAPER a ALLIEDPRODUCTS

ALL MANUFACTURING |INDUSTRIES

ELECTRICALMACHINERY

PRODUCTS OFPETROLEUM a'COAL

MISC. MANUFACTURINGINDUSTRIES

STONE, CLAY, aGLASS PRODUCTS

PRINTING, PUBLISHING aALLIED PRODUCTS

FURNITURE aFIXTURES

TOBACCOMANUFACTURES

LEATHER a LEATHERPRODUCTS

LUMBER a WOODPRODUCTS

TEXTILE-MILLPRODUCTS

APPAREL a OTHER FINISHEDTEXTILE PRODUCTS

1 IMAY 1951-MAY 1952

industry groups fared differently, however, as shown in table2 where the industries are arrayed according to the amountof increase in current dollar earnings from 1949 to 1952.Apparel was the only major industry group in which the gainin current dollar hourly pay, although substantial, failed tokeep pace with the cost of living.

Hourly pay increases have varied considerably

Changes in factory workers' hourly earnings are influencedby many factors such as the relative demand for the product,importance of wage costs compared to other costs, relativeproductivity in output per man-hour, degree of unionization,and others. In view of the broad differences in these re-spects from industry to industry, it is not surprising that theincreases in the average hourly earnings received in individ-ual industry groups during the last 3 years have shownmarked variations.

As shown in table 2 and the chart, the increases rangedfrom 12 to 34 cents per hour or from 10 to 24 percent of therespective May 1949 average hourly base earnings. Theaverage for all manufacturing represented a rise of 26 centsper hour, or 18 percent of the May 1949 average hourly pay.

Of the 21 major industry groups, the hourly pay raises of16 were concentrated in the range between 18 and 28 centsper hour, or between 14 to 20 percent above May 1949.The industries with hourly earnings increases exceeding thatrange—professional and scientific instruments, ordnance andnonelectrical machinery—experienced above-average in-creases in the demand for their products over this periodchiefly because of their importance in defense activities.The industries with hourly pay increases near the bottom ofthe range or below it were chiefly consumer goods industriessuch as leather and textile products and apparel, where de-mand rose less than average between May 1949 and May1952 or—as in the case of leather products and apparel-actually dropped.

Table 2.—Changes in Average Hourly Earnings of ManufacturingProduction Workers, May 1949 to May 1952, by Industry Groups

Professional and scientific in-struments

Nonelectrical machineryOrdnance _ _ _ _ _Chemicals and allied products-Transportation equipment

Food and kindred products___Fabricated metal productsRubber products - _ _ _ - _ - _Primary metal industries

All manufacturing

Paper and allied productsElectrical machinery and

equipmentProducts of petroleum and

coalMiscellaneous manufactures __Stone, clay, and glass prod-

uctsPrinting and publishing

Furniture and fixturesTobacco manufactures _ _Leather and leather products.Lumber and wood products. .Textile mill productsApparel and related products.

03

f|

•^S0> GO

S-S

^

$1. 3881.5231.4721.4301.650

1.2941.4531.5141.581

1.401

1.330

1.443

1.7721.252

1.3611.819

1.2361.0161.1411.2881.1841.125

1Oi

03

obo

U

$0. 056.053.043.055.048

.045

.043

.052

.038

.041

.043

.010

.033

.050

.043

.058

.014

.065

.033

.048

.020

.031

10

>>03

obfl

5

$0. 182.174.162.149.135

.113

.159

.094

.180

.144

.146

.151

.183

.108

.150

.078

.143

.080

.108

.103

.120

.078

»005

c3

©

1O

$0. 101.090.111.076.091

.111

.064

.119

.041

.072

.068

.091

.035

.086

.050

.103

.075

.034

.037

.026

.023

.007

<N

Sc3

©bJOPJ03

Q

$0. 339.317.316.280.274

.269

.266

.265

.259

.257

.257

.252

.251

.244

.243

.239

.232

.179

.178

.177

.163

.116

§«N10

3 >»

•^S

8>3>o3 S0 "*

^

$1. 7271.8401.7881.7101.924

1.5631.7191.7791.840

1.658

1.587

1.695

2.0231.496

1.6042.058

1.4681. 1951.3191. 4651.3471.241

C3

|sli'ÎT~I

13

24 420! 821.519.616.6

20.818.317.516.4

18.3

19.3

17.5

14.219.5

17.913.1

18.817.615.613.713.810.3

c >>

02 CO

11P< t-c

-wS S

ggi

|^S

12. 08.' 89. 47. 75.0

8.86.55.84.8

6. 6

7.4

5.8

2. 87^6

6 1L9

7.05.94.12.42.4-.6

V. S. DEPARTMENT OF COMMERCE. OFFICE OF BUSINESS ECONOMICS 52-100 Source: U. S. Department of Labor, Bureau of Labor Statistics.


Incomes of Physicians? Dentists, and Lawyers, 1949—51

INCOMES of physicians, dentists, and lawyers continuedto rise in 1950 and 1951, according to the results of threerecent surveys conducted by the Office of Business Econom-ics as part of its national income work.

Following their relative stability from 1948 to 1949, theaverage (mean) net incomes of lawyers and dentists increasedabout 10 percent from 1949 to 1951. Physicians' incomesrose 13 percent over the period. In 1950, the average in-come of physicians maintained the same moderate increase,about 4 percent, as in the previous year, but in 1951 itadvanced markedly, by 9 percent.

These increases in professional incomes since 1949 shouldbe considered against the background of the general rise inmoney incomes and prices. From 1949 to 1951 there wereincreases of about 15 percent in both the over-all averageearnings of employees and proprietors and in the cost ofliving as measured by the Consumers' Price Index.

In 1951, the mean net income of lawyers ($9,375) exceededdentists' ($7,743) by close to 20 percent, as was the case in1949. The income of physicians in 1951 ($12,518) exceededthat of lawyers by one-third and that of dentists by three-fifths.

In the accompanying table, the income data for "all"practitioners represent a composite of the data for the "majorindependent" and "major salaried" groups. However, sincethe professions of medicine, dentistry, and law are predomi-nantly entrepreneurial, those engaged primarily in independ-ent practice dominate the over-all averages.

Thus, from 1949 to 1951 there was a 13 percent increasein the mean net income of both major independent physi-cians—from $11,858 to $13,378—and all physicians. Simi-larly, the 10 percent increase in the mean net income of allcategories of dentists combined reflected primarily the 10percent rise (from $7,168 to $7,856) in the income of thosedentists engaged in major independent practice. So too inthe field of law, where those engaged entirely or mainly inindependent practice upped their mean net income from$8,183 in 1949 to $8,936 in 1951—a 9 percent increase, as inthe case of all lawyers. Moreover, as can be seen from table3, for each profession the year-to-year movement in themean net income of major independent practitioners wasquite similar to that of all practitioners.

Net and gross income changes similarDuring the period under analysis, net income kept pace

with gross receipts for all three professions—an indicationthat changes in the business expenses of physicians, dentists,

and lawyers engaged in independent practice were in linewith those in gross receipts, and that the profit ratios of 1949were maintained. The 1949-51 increase of almost 12 per-cent in the mean gross receipts of major independent physi-cians corresponded closely to the 13 percent increase in theirnet income. Major independent dentists increased boththeir mean net and gross incomes by 10 percent, while law-yers in independent practice increased theirs by 9 percent.

The change in income for salaried physicians and lawyerswas not very different from that for independents. Physi-cians engaged in major salaried practice increased their meannet incomes at a slightly higher rate that did those engagedin major independent practice, both in 1950 and in 1951.For the two-year period, salaried physicians showed a totalincrease of 15 percent in their average net income, as com-pared with a 13 percent rise for those engaged in independentpractice.

Major salaried lawyers maintained an even rate of increasein their mean net income (a little better than 4 percent)from 1949 to 1950 and from 1950 to 1951, whereas the incomeof independent lawyers advanced 6 percent in 1950 but only3 percent in 1951. For the two-year period, however, themean net incomes of both independent and salaried lawyerswere up by 9 percent.

In the fields of law and medicine the proportion of sala-ried practitioners is considerably larger than in the field ofdentistry. (Approximately 35 percent of all lawyers and22 percent of physicians are engaged in major salariedpractice, in contrast to only 8 percent of dentists.) Thus,due to the comparatively small original sample, there weretoo few returns received from salaried practitioners in thedental survey to yield reliable data on salaried income fromdentistry.

Since nonsalaried practitioners comprise a very high pro-portion of those engaged in major independent practice, theincome movements for these two groups from 1949 to 1951were not significantly different. Similarly, since all-salariedpractitioners account for nearly all of the "major salaried,"the income changes shown in table 3 for these two categorieswere quite similar.

Long-term comparisonsAverage income data back to 1929 for these three profes-

sions are available only for nonsalaried practitioners. How-ever, since about two-thirds of all physicians and lawyers andnine-tenths of all dentists are nonsalaried, an examination

ae- u of- the tl/ledicctt [-^r

Incomes of physicians during the two decades after 1929 was the subject of the last full-scale survey of professionalincomes conducted by the Office of Business Economics. The results were summarized in 18 pages of the July 1951 issue ofthe SURVEY OF CURRENT BUSINESS.

The Journal qf the American Medical Association, in reviewing the findings, observed—-". . . this survey provides good bench-mark data on the incomes of physicians, a subject about which there has been a

considerable amount of highly speculative writing and speaking in recent years. Thus the entire medical profession has bene-fited by the willingness of 55,000 of its members to cooperate with the U. S. Department of Commerce in one of the periodicsurveys needed in the preparation of estimates of national income and personal consumer expenditures."

The July 1951 SURVEY OF CURRENT BUSINESS can still be obtained by sending 25 cents to the Superintendent of Docu-ments, U. S. Government Printing Office, Washington 25, D. C.

6 SURVEY OF CURRENT BUSINESS July 1952

of the trend in income for this group has considerable signifi-cance for the profession as a whole.

As can be seen from table 4, over the entire period since1929 nonsalaried dentists have had the lowest average netincome of the three professions. Nonsalaried lawyers, onthe other hand, had a slightly higher mean net income thanphysicians engaged in nonsalaried practice up through 1940.Since that time, however, physicians have succeeded inincreasing their net incomes at a faster rate than havelawyers, and dentists as well. Physicians' mean net incomesince 1940 has been markedly higher than that of either law-yers or dentists.

Since 1929, physicians in nonsalaried practice have in-creased their mean net income by 157 percent, as comparedwith 83 percent for nonsalaried dentists and 58 percent fornonsalaried lawyers. For perspective, it may be notedthat the average earnings of all nonfarm entrepreneurs rose144 percent from 1929 to 1951.

Whereas long-term data covering all practitioners (notjust the nonsalaried group, as discussed above) are notavailable for lawyers and dentists, such information forphysicians indicates an increase of 136 percent in their over-all average net income from 1929 to 1951. This was closelyin line with the 141 percent increase in the average incomeof all earners in the general population (wage and salaryworkers together with farm and nonfarm entrepreneurs).

The data in table 4 also show that physicians have in-creased their gross and net incomes by about the same rate

since 1929, whereas both lawyers and dentists have experi-enced a larger over-all increase in gross income than in netincome.

Nature of Surveys

The data reported here are based on the results of threeinterim professional income surveys conducted by the Officeof Business Economics during the early spring of this year.The primary purpose of the surveys was to obtain an indexof the yearly change in professional incomes so that bench-mark data established from earlier large-scale professionalsurveys could be extended forward, thus deriving currentestimates for incorporation into the annual National Incomeseries of income of unincorporated enterprises and personalconsumption expenditures. The results of the most recentlarge-scale surveys of lawyers, dentists, and physicians—presenting a wide variety of detailed information not coveredin the interim surveys— were published in the August 1949,January 1950, and July 1951 issues of the SURVEY OFCURRENT BUSINESS, respectively.

Since these interim surveys are intended only to estimatethe percent change in average net and gross incomes for thecountry as a whole, from one year to the next, the samplesare small and few refinements in sampling techniques areemployed.

The data herein presented were gathered by means ofmail questionnaires sent to small cross sections of the medi-

Table 3.—Average Net and Gross Incomes of Physicians, Dentists, and Lawyersby Form of Practice, 1949-51 l

Form of practice 2

NET INCOME »All:

MeanMedian

Major independent:MeanMedian

Major salaried:MêariMedian

Nonsalaried:Mean __ . -_Median

All-salaried:MeanMedian

GROSS INCOME 3

Major independent:Mean _ _ _Median

Nonsalaried:MeanMedian . _ . _ .

1949amount

$11,058S, 835

11,8589, 668

8 2727i 555

1 1 , 7449, 561

8, 4347, 678

(6)(6)

19,71010, 108

1950amount

$11,5389 311

1 2, 34510, 578

8 7°77. 876

1 2, 32410,518

8,7948,087

(6)(6)

20, 71310, 599

Physicians

1951amount

$12, 51810,285

13, 37811,382

9 5228, 675

13, 43211, 191

9, 5428, 829

(6)(6)

22, 29818, 169

Percent change

1949-50

+4.3+5.4

+4.1+9.4

+5 5+4.2

+ 1.9+ 10.0

4-4.3+5.3

+4.6+4.2

+5.1+3.0

1950-51

+8.5+ 10.5

+8.44-7. 6

+9 1+ 10.2

+9.0+6.4

48.5+9.2

+6.7+9.7

+7.7+9.5

Num-ber ofcases insample

639639

413413

99f)226

349349

165165

413413

349349

Dentists

1949amount

$7, 0375, 970

7, 1686, 137

5 5045[ 382

7, 1466, 140

6, 2705, 982

12,82910.874

12.88111,077

r Revised.1 The percentages shown in this table were obtained directly from the interim surveys.

1950amount

$7 293'6!l78

7, 4686, 390

(*)(4)

7, 4366, 342

(4)(*)

13,20210, 998

13,2021 1 , 057

3 «>

indep

1951amount

$7, 7436, 501

7, 8566, 669

0)(4)

7, 8206^ 684

(4)(4)

11,0651 1 , 977

14,08512,024

7et incoi

undent p

Percent change

1949-50

+3.6+3. 5

+4.2+4.1

(4)(4)

+4.1+3. 3

(4)(4)

1950-51

+6.2+5. 2

4-T 9

+4'. 4

(4)(4)

tU

(4)(4)

+2. 9 +6. 5+ 1.1 +8.9

+2. 5 +6. 7-.2 +8.7

ne" refets to saltrofession il practi

Num-ber of

cases insample

624624

581581

4343

539539

2929

581581

539539

tried inc

ce. All

Lawyers

1949amount

'$8,5776, 386

S, 1835, 964

9,3146,691

8,083

9, 1997, 254

(^(6)

13,0798, 096

1950amount

$9, 0726, 625

8,7086, 178

9, 7557, 033

8, 5406.010

9, 4867,421

(6)(6)

13,6348, 36P

1951amount

$9, 3756, 956

8, 9366, 766

10, 1977, 100

8, 7306. 307

10.3397,811

(6)(6)

14, 1718, 997

Percent change

1949-50

+5. 8+3.8

+6.4+3. 6

+1 7+5.1

4-5 7+3.9

+3.1+2.3

+5. 3+2 2

+4.2+3.3

ome from professional work plus

nonprofessional income is exclude*.

1950-51

4 3. 3+5. 0

+2.6+9. 5

+4. 5+ 1.0

+2.2+4.9

+9.0+5.3

+3.8+7. 6

+3.9

Num-ber ofcases insampl^

924924

6 IS6 is

306306

55855s

216216

61861S

558558

net income from

., and all incomeThe means and medians, on the other hand, represent bench-mark data obtained from thelarge-scale Office of Business Economics professional surveys or bench-mark data extrapo-lated by the percent changes indicated by the interim surveys.

2 The breakdown by form of practice is based upon source of income. When based uponmajor source of income "all" practitioners fall into two categories: "major independent"and "major salaried." Alternatively, they may be classified according to sole source ofincome: "nonsalaried," "part-salaried," "all-salaried." No data for "part-salaried," whichcomprises a relatively small proportion of all practitioners in these professions, are includedin the table because of the smallness of the sample.

is before payment of income taxes.4 Too few cases to permit presentation.

s "Gross income" refers to gross business receipts from independent professional practice

only; it always excludes salaried income as well as receipts from nonprofessional practice.6 Data not available.

Source: U. S. Department of Commerce, Office of Business Economics.


cal, dental, and legal professions. Response was on a volun-tary basis, and no weighting procedures were used to adjustthe raw survey data.

Table 4.—Mean Gross and Net Incomes of Nonsalaried Physicians,Dentists, and Lawyers, Selected Years, 1929—51 l

Year

19°0

1940

1Q47

1951

1929-51 -

1940-51

1947-51

Phys

Gross(dollars)

8 567

7,632

17 742

22, 298

160

192

26

cians

Net(dollars)

5,224

4.441

10, 726

13, 432

157

202

25

Den

Gross(dollars)

7,112

6, 592

12, 032

14, 085

Percen

98

114

17

tists

Net(dollars)

4,267

3, 314

6, 610

7,820

t increase

83

136

18

Law

Gross(dollars)

7,997

6,747

11, 498

14, 171

110

23

yers

Net(dollars)

5, 534

4, 507

7,437

8, 730

58

94

17

1 Complete series of mean net and gross incomes of nonsalaried practitioners in each ofthese professions, for the period 1929-48, may be found in the following articles: "Income ofPhysicians, 1929-49," SURVEY OF CURRENT BUSINESS, July 1951, table 1, p. 11; "Income ofDentists, 1929-48," SURVEY OF CURRENT BUSINESS, January 1950, table 2, p. 9; and "Incomeof Lawyers, 1929-48," SURVEY OF CURRENT BUSINESS, August 1949, tables 1 and 2, pp. 18 and 19.

Source: U. S. Department of Commerce, Office of Business Economics.

Approximately 5,000 practitioners in each profession wererandomly selected to receive questionnaires. The sample ofphysicians was chosen from files maintained by the Ameri-can Medical Association of all living physicians in the UnitedStates. The list of lawyers was obtained through a sys-tematic sampling, by States, of the 1952 Martiiidale-HubbellLaw Directory. The dentists were sampled from the mem-bership file of the American Dental Association. In derivingthe 1950-51 estimates of dental income shown in the tables,it was assumed that the percentage change in the averageincome of dentists not members of the American DentalAssociation was the same as that of members.

The questionnaire forms were brief, asking only for grossincome, expenses, net entrepreneurial income, salaried in-come, and total professional net income for the years 1949,1950, and 1951. In addition, the legal questionnaires re-quested information from entrepreneurs on the number ofpartners and on the net income of the law firm.

A comparison of the 1949 mean net income from independ-ent practice as determined from the interim survey and thatas established by the bench-mark data—both for physiciansand lawyers—showed the difference between the two to bewell within the area of sampling fluctuation. Such a com-parison for dentists was not possible since the level of incomeof ADA members is known to be significantly higher thanthat of noiimembers.

National Income~Xr Supplement to tn

c.urue

urren

THE ENLARGED NEW EDITION-FIRST SINCE 1947 CONTAINS

National income and product statistics, 1929—1950

A review of economic trends in the past two decades

The basic principles underlying national accounts

An explanation of methods and sources

Allowance for inflation; constant vs. current dollars

This 1951 edition, like the original, is not included in the Survey of Current Business subscription, but is sold as

a separate publication by the Superintendent of Documents and affiliated sales agencies. A list of Department of

Commerce field offices where it may be procured appears on the inside front cover of this magazine. Price $1.00.

the VIcttionat O<:on ine I icilionctl t^conomii

National Income and Productof the United States, 1951

J_JETAILED national income and product statistics for the year 1951, together withrevised estimates for 1949 and 1950, are presented in the following pages. Revised quarterlyand monthly estimates for 1952 are shown on pages S-l and S-8 of this issue of the SURVEYOF CURRENT BUSINESS.

The estimates presented here supersede those published for 1949 and 1950 in the 1951National Income supplement to the SURVEY and for 1951 and 1952 in subsequent regularissues of the SURVEY.

The data for 1929-48 contained in the 1951 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.

The present report is intended for use in conjunction with the 1951 National Incomesupplement. The numbering and stubs of the various tables correspond to those used inthe supplement. Footnotes, definitions, and the descriptions of concepts and sources andmethods have not been repeated. A list of errata in the National Income supplement is tobe found at the end of this report.

The revisions of the 1949-50 estimates were occasioned by new source materials thatbecame available during the past year. Important among these were the Bureau of InternalRevenue tabulations for 1949 of the income tax returns of corporations and sole proprietor-ships. Incorporation of these data was the chief factor in the revision of a number of theincome and product series, notably corporate profits, income of unincorporated nonfarmbusinesses, and nonfarm inventories.

Major new or revised sources also included estimates of the Bureau of AgriculturalEconomics relating to income and capital formation in farming; data on the flow of pro-ducers' durable equipment derived from the 1950 Annual Survey of Manufactures of theBureau of the Census and from the 1951 Reports oj Plant Operations Jor Metal Working In-dustries prepared by the Bureau of the Census for the National Production Authority;information on corporate profits in Wholesale and Retail Trade for 1950 and 1951 collectedjointly by the Securities and Exchange and Federal Trade Commissions; and sample surveysof the gross and net incomes of lawyers, physicians, and dentists for 1950 and 1951 by theOffice of Business Economics. The results of these sample surveys are summarized onpages 5-7 of this issue of the SURVEY.

Specific attention is called to the location in this report of the important table on"Gross National Product or Expenditure in Constant Dollars," together with the companiontable on "Implicit Price Deflators for Gross National Product by Major Segments.77 Inthe 1951 National Income supplement, these were presented in a special section (Part IV)relating to "Gross National Product in Constant Dollars." Here, as indicated by the liston the facing page, they appear in the series of annual tables, following table 39.

of Statistical ^Ja

NATIONAL INCOME AND PRODUCT ACCOUNTS

I.II.

III.

PACE

National Income and Product Account, 1951 10Consolidated Business Income and Product

Account, 1951 10Personal Income and Expenditure Account, 1951 __ 11

IV. Consolidated Government Receipts and Expendi-tures Account, 1951 11

V. Rest of the World Account, 1951 11VI. Gross Saving and Investment Account, 1951 11

ANNUAL TABLESPAGE

1. National Income by Distributive Shares, 1929-51- _ 122. Gross National Product or Expenditure, 1929-51-- 123. Personal Income and Disposition of Income,

1929-51 144. Relation of Gross National Product, National

Income, and Personal Income, 1929-51 145. Sources and Uses of Gross Saving, 1949-51 166. Liquid Saving Estimates of the Securities and Ex-

change Commission and Their Reconciliation withPersonal Saving Estimates of the Departmentof Commerce, 1949-51 16

7. Consolidated Business Income and Product,1949-51 16

8. Government Receipts, 1949-51 169. Government Expenditures, 1949-51 17

10. Social Insurance Funds, 1949-51 1711. Transactions of the Rest of the World with the

United States, 1949-51 1712. National Income by Legal Form of Organization,

1949-51 1713. National Income by Industrial Origin, 1949-51 1814. Wages and Salaries, by Industry, 1949-51 1815. Supplements to Wages and Salaries, by Industry,

1949-51 1816. Income of Unincorporated Enterprises, by In-

dustry, 1949-51 1917. Corporate Income Before Federal and State Income

and Excess Profits Taxes, by Industry, 1949-51- - 1918. Federal and State Corporate Income and Excess

Profits Tax Liability, by Industry, 1949-51 1919. Corporate Income After Federal and State Income

and Excess Profits Taxes, by Industry, 1949-51-.. 2020. Net Corporate Dividend Payments, by Industry,

1949-51 - 2021. Undistributed Corporate Income, by Industry,

1949-51 ^ _ 20

QUARTERLY ANDPAGE

40. National Income by Distributive Shares, Quarterly,1949-51 1 28

41. National Income by Distributive Shares, SeasonallyAdjusted Quarterly Totals at Annual Rates,1949-51 29

42. Gross National Product or Expenditure, Quarterly,1949-51 1. 29

43. Gross National Product or Expenditure, SeasonallyAdjusted Quarterly Totals at Annual Rates,1949-51 29

44. Disposition of Personal Income, Quarterly, 1949-51 ". 30

PAGE

22A

22B

23.

Inventory Valuation Adjustment, by Industry—Corporations, 1949-51 21

Inventory Valuation Adjustment, by Industry—Unincorporated Enterprises, 1949-51 21

Net Interest, by Industry, 1949-51 2124. Number of Full-Time Equivalent Employees, by

Industry, 1949-51 2225. Average Number of Full-Time and Part-Time

Employees, by Industry, 1949-51 2226. Average Annual Earnings per Full-Time Em-

ployee, by Industry, 1949-51- 2227. Number of Active Proprietors of Unincorporated

Enterprises, by Industry, 1949-51 2328. Number of Persons Engaged in Production, by

Industry, 1949-51 2329. Corporate Sales, by Industry, 1949-51 2330. Personal Consumption Expenditures by Type of

Product, 1949-51 2431. New Construction Activity, by Type, 1949-51 2632. Producers' Durable Equipment 2633. Net Change in Business Inventories, 1949-51 2634. Supplements to Wages and Salaries, 1949-51 2635. Employee Contributions for Social Insurance,

1949-51 2636. Transfer Payments, 1949-51 2737. Monetary and Imputed Interest, 1949-51 2738. Reconciliation of Department of Commerce Esti-

mates of Corporate Profits with Bureau ofInternal Revenue Tabulations, 1949-51 27

Major Items of Personal Income and PersonalConsumption Expenditures in Kind, 1949-51--- 27

Gross National Product or Expenditure in Con-stant Dollars, 1929-51 28

Implict Price Deflators for Gross National Productby Major Segments, 1929-51 28

39.

A.

B.

MONTHLY TABLESp

45. Disposition of Personal Income, Seasonally Ad-justed Quarterly Totals at Annual Rates, 1949-

46. Relation of Gross National Product, NationalIncome, and Personal Income, Quarterly, 1949-51

30

30

47. Relation of Gross National Product, National In-come, and Personal Income, Seasonally AdjustedQuarterly Totals at Annual Rates, 1949-51 _____ 30

48. Personal Income, Seasonally Adjusted MonthlyTotals at Annual Rates, 1949-51 — ______________ 31

210674°—52-

National Income and Product Accounts, 1951Table I.—National Income and Product Account, 1951

[Millions of dollars]

Compensation of employees:Wages and salaries 169, 906Supplements 8, 974

Income of unincorporated enterprises and inventory valua-tion adjustment 41, 778

Rental income of persons

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

Corporate profits tax liability 24, 213Corporate profits after tax:

Dividends 9, 036Undistributed profits 9, 625

Inventory valuation adjustment — 1, 295

Net interest 6, 446

National income ! 277, 554

Indirect business tax and nontax liability 25, 329Business transfer payments 860Statistical discrepancy 1, 404Less: Subsidies minus current surplus of Government enter-

prises 541

Charges against net national product2 304, 606

Capital consumption allowances 24, 626

CHARGES AGAINST GROSS NATIONAL PRODUCT.. 329, 232

Personal consumption expenditures

Gross private domestic investment

Net foreign investment-

Government purchases of goods and services.

207, 972

58, 515

193

62, 552

GROSS NATIONAL PRODUCTS 329,232

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 1951 1


Compensation of emplo3Tees:

Wages and salaries:DisbursementsExcess of accruals over disbursements _

137, 43929

Supplements:Employer contributions for social insurance.Other labor income

Income of unincorporated enterprises and inventory valuationadjustment


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

Corporate profits tax liabilityCorporate profits after tax:

DividendsUndistributed profits

Inventory valuation adjustment

Net interest

Income originating -

Indirect business tax and nontax liabilityBusiness transfer paymentsStatistical discrepancyLess: Subsidies minus current surplus of government enter-

prises

Charges against net product

Capital consumption allowances

CHARGES AGAINST BUSINESS GROSS PRODUCT _.

3, 731 I3, 855 !

41, 778

8,871 |

24, 213

8, 6198,737

— 1, 295

4,226

240, 203

25, 329860

1,404

541

267, 255

24, 626

291, 881

Consolidated net sales:

To consumersTo governmentTo business on capital account-To abroad

198, 06931, 94348, 1793, 354

Change in inventories 10, 336

BUSINESS GROSS PRODUCT 291,881

1 Data for other years in table 7.10

July 1952 SUEVEY OF CURRENT BUSINESS 11

Table III.—Personal Income and Expenditure Account, 1951


Personal consumption expenditures:Purchases of direct services:

Compensation of employees:Wages and salaries paid l 6, 352Supplements paid:

Employer contributions for social insur-ance 52

Other labor income 39Interest paid 1, 931Income originating in and net and gross product of

households and institutions 8, 374Net purchases from business 2 198, 069Net purchases from abroad 3 1, 529

Personal tax and nontax payments 4 29, 100Personal saving 17, 003

PERSONAL OUTLAY AND SAVING 254,075

Wage and salary receipts:Disbursements by:

Business * _ _1 137, 439Government1 26, 065Households and institutions l 6, 352Rest of the world 1 21

Less: Employee contributions for social insurance 5 3, 416Other labor income:

Business2 3, 855Government1 332Households and institutions 1 39

Income of unincorporated enterprises and inventory valua-tion adjustment2 41, 778

Rental income of persons 2 8, 871Dividends 4 9, 036Personal interest income 4 11, 339Government transfer payments 5 11, 504Business transfer payments 6 860

PERSONAL INCOME 254,0751 Data for other years in table 12.2 Data for other years in table 7.


5 Data for other years in table 35.6 Data for other vears in table 4.

Table IV.—Consolidated Government Receipts and Expenditures Account, 1951


Purchases of goods and services:Purchases of direct services:

Compensation of employees:Wages and salaries*2 26, 065Supplements:

Employer contributions for social insur-ance^2 965

Other labor income 2 332Income originating and net and gross product 27, 362

Net purchases from business 31, 943Net purchases from abroad 3, 247

Transfer payments 11, 504Net interest paid 4, 893Subsidies minus current surplus of government enterprises 541

GOVERNMENT EXPENDITURES 79,490

Personal tax and nontax receipts 29, 100Corporate profits tax accruals 24, 213Indirect business tax and nontax accruals 25, 329Contributions for social insurance:

Employee contributions 3 3, 416Employer contributions:

^Business4 3, 731Government2 965Households and institutions 2 52

Deficit ( + ) or surplus ( —) on income and product transac-tions * -7,316

GOVERNMENT RECEIPTS AND DEFICIT 79,4901 Data for other years in tables 8 and 9 except 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, 1951



Net payments of factor income to the United States:Wages and salaries 21Interest 289Dividends 417Branch profits 888Income originating and net and gross product 1, 615

Net purchases from the United States:From business 3, 354From government — 3, 247From persons —1, 529

NET CURRENT PAYMENTS TO THE UNITEDSTATES 193

Net disinvestment in the United States _ 193

NET DISINVESTMENT IN THE UNITED STATES-- 193

1 Data for other vears in table 11.Table VI.—Gross Saving and Investment Account, 1951


Business purchases on capital account 2 48, 179Change in business inventories2 10, 336Net disinvestment in the United States by rest of world 193Government deficit (+) or surplus ( —) on income and prod-

uct transactions —7, 316

GROSS INVESTMENT AND GOVERNMENT DEFICIT. 51, 392

Excess of wage accruals over disbursements 29Undistributed corporate profits (domestic) 2 8, 737Corporate inventory valuation adjustment —1, 295Statistical discrepancy 1, 404Capital consumption allowances by private business 2 24, 626Foreign branch profits (net) 3 888Personal saving 17, 003

GROSS PRIVATE SAVING 51,392

1 Data for other years in table 5 except as noted. 2 Data for other years in table 7. 3 Data for other years in table 11.

12 SURVEY OF CURRENT BUSINESS July 11)52

[Millions of dollars]Table 1.—National Income by

National income

Compensation of employees., _ _ _ _ __ __

Wages and salariesPrivateMilitary _ _ _ _ _ _ _ _ _Government civilian

Supplements to wages and salariesEmployer contributions for social insurance _ _ _ _ _ _Other labor income

Income of unincorporated enterprises and inventory valuation adjustment . __

Business and professional .Income of unincorporated enterprisesInventory valuation adjustment _ _ _ __ _

Farm


Corporate profits and inventory valuation adjustment ___

Corporate profits before tax _Corporate profits tax liabilityCorporate profits after tax

Dividends _ _ _ _ _ _ . _ _ _ _ _Undistributed profits

Inventory valuation adjustment _ _ ___ _

Net interest

1929

87,355

50, 786

50 16545, 206

3124, 647

621101520

13, 927

8,2628,120

1425,665

5,811

10,290

9,8181,3988,4205,8232,597

472

6,541

1930

75, 003

46,515

45 89440, 720

3154,859

621106515

10, 963

7,0326,277

7553,931

4,786

6,563

3,303848

2,4555,500

-3,0453,260

6,176

1931

58, 873

39, 470

38 88633, 607

3084,971

584111473

8,214

5,3164, 705

6112,898

3,620

1,631

-783500

-1,2834,098

-5,3812,414

5,938

1932

41, 690

30, 826

30 28425, 297

2954,692

542126416

4,921

3,2062,911

2951,715

2,508

-1,995

-3,042382

—3, 4242,574

-5,9981,047

5,430

1933

39, 584

29, 330

28 82523 660

2704 895

505133372

5,207

2,9253 450— 5252 282

2,018

-1,981

162524

— 3622,066

— 2 428-2, 143

5 010

1934

48, 613

34, 067

33 52027 420

2715 829

547147400

6,603

4,2764 330

— 542 327

2,095

1,098

1,723746977

2, 596— 1 619

-625

4 750

1935

56, 789

37, 107

36 50829 984

3066 218

599171428

9,858

4,9875 037

— 504 871

2,288

2,997

3,224965

2,2592,872— 613-227

4 539

1936

64,719

42, 675

41 75433 866

3387 550

921418503

9,942

6,0746 194— 1203 868

2,682

4,946

5,6841 4114,2734,557—284— 738

4 474

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

Gross national product. _ . _ _

Personal consumption expenditures.

Durable goodsNondurable goods _ _ . _ _ _ _ _ _ _Services

Gross private domestic investment . _ _ _ _

New construction _.Producers' durable equipment. _ _ _ __ _Change in business inventories

Net foreign investment

Government purchases of goods and services

FederalNational security '

National defense - _ _Other national security

Other _Less* Government sales

State and local

1929

103, 828

78,761

9,36237, 74231, 657

15, 824

7,8246,4381,562

771

8,472

1,311

1, 344

337,161

1930

90, 857

70, 789

7,27534, 05229, 462

10, 209

5,5664,926—283

690

9,169

1,410

227,759

1931

75, 930

61, 153

5, 56928, 95526, 629

5,362

3,5613,162

—1,361

197

9,218

1,537

127,681

1932

58, 340

49,208

3,69422, 74322, 771

886

1,6681,781

—2, 563

169

8,077

1,480

46, 597

1933

55,760

46,346

3, 50322, 25420, 589

1,306

1,1421,783

—1,619

150

7,958

2,018

45,940

1934

64,868

51,882

4, 25526, 73220, 895

2,807

1,4202, 531

—1, 144

429

9,750

2,991

66, 759

1935

72, 193

56,215

5,15829,37721, 680

6,146

1,8903, 351

905

—54

9,886

2,931

2,935

46, 955

1936

82,483

62,515

6,37432, 88723, 254

8,318

2,7834,5311,004

—93

11,743

4,815

4,818

36,928

i For the years 1947 to 1951, national defense purchases comprise the purchases of the Atomic Energy Commission, Defense Department, Maritime Administration (before 1950),National Advisory Committee for Aeronautics, and Selective Service System, together with purchases for the programs of defense production and economic stabilization, foreign militaryassistance administered by Mutual Security Agency (formerly Mutual Defense Assistance program), and the stockpiling of strategic and critical materials. Purchases under "Other

July 1952 SUKVEY OF CURRENT BUSINESS 13

Distributive Shares, 1929-51[Millions of dollars]

1937

73,627

47, 696

45, 94838, 432

3587,158

1,7481,234514

12, 249

6,6306,659-295,619

3,140

6,166

6,1971,5124,6854,693

o

-31

4,376

1938

67,375

44, 747

42, 81234, 564

3707,878

1,9351,423512

10, 768

6, 3476,126221

4,421

3,278

4,292

3,3291,0402,2893,195-906963

4,290

1939

72,532

47, 820

45, 74537, 519

3987,828

2,0751,540535

11, 282

6,7766,942-1664,506

3,465

5,753

6,4671,4625,0053,7961,209-714

4,212

1940

81,347

51,786

49, 58741, 130

5917,866

2,1991,624575

12,660

7,7207,772-524,940

3,620

9,177

9,3252,8786,4474,0492,398-148

4,104

1941

103, 834

64, 280

61, 70851, 5371,8628,309

2,5721,983589

16,504

9,56610, 210-6446,938

4,322

14,615

17, 2327,8469,3864,4654,921

-2, 617

4,113

1942

137, 119

84,895

81, 88765, 7886,3309,769

3,0082,302706

23,041

12, 57312, 945-37210, 468

5,395

19,894

21, 09811,6659,4334,2975,136

-1,204

3,894

1943

169, 686

109,212

105, 64778, 81414, 44512, 388

3, 5652,677888

26,731

14, 96315, 117-154

11, 768

6,109

24,279

25, 05214, 40610, 6464,4936,153-773

3,355

1944

183, 838

121, 163

116, 92483, 44920, 63812, 837

4,2392,9371,302

28,997

17, 15617, 226-70

11, 841

6,495

24,046

24, 33313, 52510, 8084,6806,128-287

3,137

1945

182, 691

123, 026

117, 67382, 10122, 59812, 974

5,3533,8051,548

31,247

18, 71918, 832-11312, 528

6,256

19, 153

19, 71711, 2158,5024,6993,803-564

3,009

1946

180, 286

117,098

111, 22790, 5777,96212, 688

5,8713,9701,901

35,375

20, 58522, 404-1,81914, 790

6,620

18,271

23, 4649,58313, 8815,8088,073

-5, 193

2,922

1947

198, 688

127, 988

122, 059104, 8034,06813, 188

5,9293,5652,364

35,365

19, 77621, 323-1,54715, 589

7,059

24, 732

30, 48911, 94018, 5496,56111, 988-5, 757

3,544

1948

223, 469

140, 166

134, 357115, 6593,97014, 728

5,8093,0422,767

39, 751

22, 08522, 480-39517, 666

7,506

31,711

33, 76213, 02820, 7347,25013, 484-2,051

4,335

1949

216, 259

139,915

133, 356112, 9784,24816, 130

6,5593,5033,056

34, 405

21, 62920, 998

63112, 776

7,720

29, 189

27, 10710, 81716, 2907,4698,8212,082

5,030

1950

239, 170

153,375

145, 603123, 4424,99917, 162

7,7723,9623,810

37,015

23, 66724, 907-1, 24013, 348

8,175

34,795

39, 61018, 38321, 2278,95712, 270-4,815

5,810

1951

277,554

178,88

169, 90(141, 1518,64(20, 10'

8,97'4,74*4,22(

41,77*

26, 21(26,59-38

15, 56*

8,87

41,57

42,8724,2118,669,039,62

—1,2

6,49

or Expenditure, 1929-51[Millions of dollars]

1937

90,213

67, 121

7,00535, 23224, 884

11,440

3,6875,4442,309

62

11,590

4,552

4,557

57,038

1938

84,683

64,513

5,75434, 03224, 727

6,311

3.3093,975—973

1,109

12,750

5,280

5, 286

67,470

1939

91,339

67, 466

6,72935, 25825, 479

9,917

4,8994,577441

888

13, 068

5,157[ 1, 258

[ 3, 9089

7,911

1940

101,443

72, 052

7,85437, 59426, 604

13, 949

5,5666,1082,275

1,509

13,933

6,1702,223

3,9569

7,763

1941

126,417

82, 255

9,75043, 96028, 545

18,334

6,7847,6763,874

1,124

24,704

16, 92313,794

3,17344

7,781

1942

161,551

91,161

7,06052, 87131, 230

10,873

3, 9514, 8572,065

—207

59,724

52, 02749, 567

2,664204

7,697

1943

194,338

102, 244

6,82460, 97034, 450

5,709

2,5494,082—922

—2,245

88, 630

81, 22380, 384

1,480641

7,407

1944

213, 688

111,550

7,10367, 05437, 393

7,714

2,8175,706—809

—2,099

96, 523

89, 00688, 615

1,5521,1617,517

1945

215,210

123, 079

8,47274, 88639, 721

10, 733

3,9347,545—746

—1,438

82, 836

74, 79675, 923

1,0312,1588,040

1946

211,110

146, 907

16, 57385, 84944, 485

28,726

10, 29112, 3286,107

4,561

30, 916

20, 94621, 177

2,4692,7009,970

1947

233,264

165, 570

21, 36995, 14249, 059

30, 187

13, 90417, 080—797

8,895

28, 612

15, 78413, 32812, 2331,0953,7511, 29512, 828

1948

259, 045

177,890

22, 883100, 88954, 118

42,693

17, 71619, 9485,029

1,864

36,598

21, 02216, 08311,6774,4065,570631

15, 576

1949

258,229

180, 588

23, 84099, 22357, 525

33,465

17, 25018, 697—2, 482

528

43, 648

25, 44919, 27413, 5565,7186,570395

18, 199

1950

284, 187

194,277

29, 152102, 76062, 365

50,349

22, 88921, 9895,471

—2,304

41,865

22, 16518, 49714, 2444,2533,909241

19, 700

1951

329, 232

207, 972

27, 120113, 50567, 347

58, 515

23, 25224, 92710, 336

193

62,552

40, 88137, 08533, 6633,4224,202406

21, 671

national security" comprise those of the Maritime Administration (after 1949), National Security Council, National Security Resources Board, Philippine War Damage Commission, andState Department, as well as purch ases for the following foreign economic assistance programs: those now administered by the Mutual Security Agency, government and relief in occupiedareas, India E mergency Food Aid, International Children's Emergency Fund, and Yugoslav Emergency Relief Assistance. National security purchases for the years 1939-46 represent theseries labeled "War" in the 1951 National Income supplement.


Table 3.—Personal Income and

[Millions of Dollars]

Personal income _ _ _ _

Wageandsalaryreceipts_ __ _Total employer disbursements. _ _ _ _ _ _ . .Less: Employee contributions for social insurance

Other labor incomeProprietors' and rental income- _ _ _ . _ _ _ _ _ _ _ _ _ _ _ _ _DividendsPersonal interest incomeTransfer payments

Less* Personal tax and nontax paymentsFederal - -State and local

Equals: Disposable personal income

Less: Personal consumption expenditures

Equals * Personal saving

1929

85, 127

50, 02350, 165

142

52019, 7385,8237 5241.499

2,6431,2631,380

82, 484

78,761

3,723

1930

76, 195

45, 74745, 894

147

51515, 7495, 5007, 1401,544

2,5071,1341,373

73, 688

70, 789

2,899

1931

64, 835

38, 73538, 886

151

47311,8344,0987 0222,673

1,858607

1, 251

62, 977

61, 153

1 824

1932

49, 274

30, 13230, 284

152

4167,4292, 5746 5712, 152

1,455331

1, 124

47, 819

49, 208

— 1 389

1933

46, 629

28, 67328, 825

152

3727,2252, 0666 1802 113

1 464474990

45 165

46 346

— 1 181

1934

53, 230

33, 36333, 520

157

4008,6982 5965 9802 193

1 595595

1 000

51 635

51 882

—247

1935

59 861

36, 34636, 508

162

42812, 1462 8725 680i 389

1 888827

1 061

57 973

56 215

1 758

1936 '

68 353

41 57441, 754

180

50312, 624

4 557

3' 520

o 2581 1301 128

66 095

62 515

3 580

Table 4.—Relation of Gross National Product,


Gross national product

Less' Capital consumption allowancesDepreciation charges _ _ _Accidental 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 liabilitvBusiness transfer paymentsStatistical discrepancy.. _ _ _ _ _ _ _ _

Equals* National income

Less: Undistributed corporate profitsCorporate profits tax liabilityCorporate inventory valuation adjustment - _ _Contributions for social insuranceExcess of wage accruals over disbursements

Plus: Net interest paid by government _ _ _ _ _Government transfer paymentsBusiness transfer payments

Equals: Personal income

1929

103 828

8,8167,553

413850

95, 012

— 147

7,003587

-80

87, 355

2,5971,398

472243

0

983912587

85, 127

1930

90 857

8,7477,653

389705

82, 110

— 123

7, 155534

-705

75, 003

—3, 045848

3,260253

0

9641,010

534

76, 195

1931

75, 930

8,3127,483

351478

67, 618

—49

6, 859649

1,188

58, 873

-5,381500

2,414262

0

1,084" 2 024

649

64, 835

1932

58, 340

7,6636,950

329384

50, 677

A K

6, 768737

1,437

41,690

-5, 998382

1,047278

0

1,1411, 415

737

49, 274

1933

55 760

7,2456,608

275362

48, 515

18

7,055659

1,235

39, 584

-2. 428524

-2, 143285

0

1,1701 454

659

46, 629

1934

64 868

7,2186,526

237455

57, 650

283

7,815641864

48, 613

— 1,619746

-625304

0

1,2301 552

641

53, 230

1935

72 193

7 3696, 577

236556

64, 824

403

8, 190594

-346

56, 789

—613965

-227333

0

1, 1411 795

594

59,861

1936

82 483

7 6846,607

381696

74, 799

39

8,663594862

64,719

-2841,411-738

5980

1, 1012 926

594

68,353

July 1052 SURVEY OF CURRENT BUSINESS 15

Disposition of Income, 1929—51[Millions of dollars]

1937

73, 976

45, 38245, 948

566

51415, 3894,6935, 5802,418

2,9211,7231,198

71,055

67, 121

3,934

1938

68,327

42, 25842, 812

554

51214, 0463,1955,4822,834

2,8621,6351,227

65,465

64,513

952

1939

72,607

45, 14945, 745

596

53514, 7473,7965,4172,963

2,4401,2351,205

70, 167

67,466

2,701

1940

78,347

48, 92949, 587

658

57516, 2804,0495,3953,119

2,6041,3641,240

75,743

72,052

3,691

1941

95,308

60, 90761, 708

801

58920, 8264,4655,4023,119

3,2932,0161,277

92,015

82,255

9,760

1942

122, 721

80, 72181, 8871,166

70628, 4364,2975,4113,150

5,9814,6681,313

116,740

91, 161

25,579

1943

150, 286

103, 599105, 4381,839

88832, 8404,4935,4952,971

17, 84516, 5171,328

132,441

102,244

30, 197

1944

165, 892

114, 881117,1172,236

1,30235, 4924,6805,9403,597

18, 93517, 5361,399

146,957

111,550

35, 407

1945

171,927

115, 326117, 6592,333

1,54837, 5034,6996,6726,179

20, 86719, 3791,488

151,060

123,079

27,981

1946

177, 724

109, 246111, 2572,011

1,90141, 9955,8087,35411, 420

18, 80817, 1621,646

158,916

146, 907

12,009

1947

191, 000

119, 926122, 0442,118

2,36442, 4246,5617,92211, 803

21, 50619, 6501,856

169, 494

165,570

3,924

1948

209, 494

132, 149134, 3272,178

2,76747, 2577,2508,78611, 285

21, 14218, 9972,145

188,352

177,890

10,462

1949

205,867

131, 167133, 4012,234

3,05642, 1257,4699,64412, 406

18, 62616, 1592,467

187,241

180,588

6,653

1950

226,312

142, 678145, 5672,889

3,81045, 1908,95710, 54515, 132

20, 80818, 1202,688

205, 504

194,277

11, 227

1951

254,075

166, 461169, 8773,416

4,22650, 6499,03611, 33912, 364

29, 10026,1003,000

224, 975

207, 972

17, 003

National Income, and Personal Income, 1929-51


1937

90,213

7,9726,838304830

82, 241

60

9,157567

-1,050

73, 627

-81,512-311,800

0

1,2041,851567

73,976

1938

84,683

7,9926,894387711

76,691

176

9,154429-91

67, 375

-9061,040963

1,9770

1,1922,405429

68,327

1939

91,339

8,1017,082222797

83, 238

485

9,365451

1,375

72, 532

1,2091,462-7142,136

0

1,2052,512451

72,607

1940

101, 443

8,4407,228246966

93, 003

420

10, 021431

1,624

81,347

2,3982,878-1482,282

0

1,2912,688431

78,347

1941

126, 417

9,2947,878273

1,143

117,123

102

11, 296502

1, 593

103, 834

4,9217,846

-2, 6172,784

0

1,2892,617502

95,308

1942

161,551

9,9818,712484785

151, 570

150

11, 769495

2,337

137, 119

5,13611, 665-1,2043,468

0

1,5172,655495

122, 721

1943

194,338

10, 6809,504399777

183,658

183

12, 735505915

169,686

6,15314, 406-7734,516209

2,1402,466505

150, 286

1944

213, 688

11, 88710, 584

360943

201,801

705

14, 127506

4,035

183,838

6,12813, 525-2875, 173-193

2,8033,091506

165,892

1945

215,210

12, 41010, 885

3811,144

202,800

835

15, 522532

4,890

182,691

3,80311, 215-5646,138

14

3,6635,647532

171,927

1946

211,110

12, 1639,817407

1,939

198,947

929

17, 349557

1,684

180, 286

8,0739,583

-5, 1935,981-30

4,43210, 863

557

177,724

1947

233,264

14, 84512, 086

5672,192

218,419

-75

18, 658674324

198,688

11, 98811, 940-5,7575,683

15

4, 37811, 129

674

191,000

1948

259, 045

17, 61214, 368

5742,670

241,433

-21

20,390739

-2, 186

223,469

13, 48413, 028-2,0515,220

30

4,45110, 546

739

209,494

1949

258,229

19, 37116, 409

5182,444

238,858

-12

21, 644781162

216,259

8,82110,8172,0825,737-45

4,61411, 625

781

205,867

1950

284, 187

21, 53818, 001

6142,923

262,649

419

23, 751840

-693

239, 170

12, 27018, 383-4,8156,851

36

4,73514, 292

840

226,312

1951

329,232

24, 62620,062

9673,597

304,606

541

25,329860

1,404

277,554

9,62524, 213—1,2958,164

29

4,89311, 504

860

254,075


Table 5.—Sources and Uses of Gross Saving, 1949—51


Table 7.—Consolidated Business Income and Product, 1949—51


Gross private saving _ _ _ _ _ _ _ _ _

Personal savingUndistributed corporate profits _ _Corporate inventory valuation adjustmentBusiness depreciation charges _ _ __ _ _

Accidental damage to fixed business capitalCapital outlay charged to current expenseExcess of wage accruals over disbursementsStatistical discrepancy

Gross investment

Gross private domestic investmentNet foreign investment -

Government deficit (-f) or surplus (— ) on income andproduct transactions _ _ _ _ _ _

Federal _ _State and local

1949

37, 044

6,6538,8212,082

16, 409

5182,444

—45162

33,993

33, 465528

3,051

2,0341,017

1950

39, 563

11,22712, 270

-4,81518,001

6142,923

36—693

48,045

50, 349-2, 304

-8,482

-9, 6951,213

1951

51,392

17, 0039, 625

-1,29520, 062

9673, 597

291,404

58, 708

58, 515193

-7,316

—8, 3351,019

Table 6.—Liquid Savings Estimates of the Securities and ExchangeCommission and Their Reconciliation with Personal SavingEstimates of the Department of Commerce, 1949—51

[Billions of dollars]

Liquid saving (S. E. C. estimates)1

Currency and bank depositsSavings and loan associations _ _

Insurance and pension reserves _ _PrivateGovernment _ _ ._ _ _ _

Securities _ _ _ _United States GovernmentState and local governments _ _ _ __ _ _ _ _Corporate and other

Liquidation of mortgage debt on nonfarm dwellingsLiquidation of debt, not elsewhere classified

Adjustments of liquid saving to Department of Commercepersonal saving concept _

On account of persons other than unincorporated enter-prises:

Net purchases of nonfarm residencesNew construction by nonprofit institutions

Less: DepreciationLess: Increase in government insurance and pension

reserve _ _ _ _ _ _ - _ _ _ _

On account of unincorporated enterprises other thanfarms:

Increase in inventoriesNew construction and producers' durable equip-

ment _ -_ _ _ _ - _ _ _ _ _ _

Less: DepreciationLess* Increase in bank and mortgage debtLess: Increase in net payables to other corporations

and financial intermediaries

On account of farms:Increase in inventoriesNew construction and producers' durable equip-

ment

Less: DepreciationLess: Increase in farm holdings by corporations and

financial intermediaries -Less: Increase in mortgage debt to corporations and

financial intermediaries . _ _ _ _ _Less: Increase in other debt to corporations and

financial intermediaries __ _

Equals: Liquid saving plus adjustment to personal savingconcept - -

Personal saving

Difference due to errors and omissions

1949

3.04

— 1.271.48

6.053.712.34

2.901 24.60

1.06

-3.83—2 30

2.77

7 041 09

2.47

2.34

— . 11

5.07

2.962.05

—.05

-.87

4.67

3.76

.19

.41

5.80

6.65

-.85

1950

1.56

4.211.52

5.213.941.27

.84— 80

.461.18

-6.99—3 22

7.50

11 331 29

2.70

1.27

1.35

5.92

3.244.75

.76

.91

4.73

4.24

.28

.81

9.06

11.23

-2. 17.

1951

13.51

5 832.07

8.044 203.85

3.68— 41

.813 28

-5.72— 39

6.91

T O 131 35

2 95

3.85

.51

5.67

3 651 13

— 44

.94

5 31

4 64

.29

.95

20.42

17.00

3.42

Business gross product _

Consolidated net sales -To consumers ._ _ _ ._ _ . . _ _To governmentTo business on capital account. .. _ _ _ _ _ _ _To abroad

Change in inventories

Charges against business gross product . _ _. _

Income originating in businessCompensation of employees

Wages and salariesDisbursementsExcess of wage accruals over disbursements-

Supplements to wages and salariesEmployer contributions for social insuranceÔther labor income

Income of unincorporated enterprises and inventoryvaluation adjustment _ _ _ _ ._ ._ .

Business and professionalIncome of unincorporated enterprisesInventory valuation adjustment

Farm-. _ _ _ _ _ _ _ _ _ _ _ _ . _ _ _


Corporate profits and inventory valuation adjust-ment

Corporate profits before taxCorporate profits tax liabilityCorporate profits after tax _ _ _

DividendsUndistributed profits _

Inventory valuation adjustment

Net interest

Adjustments to business net productIndirect business tax and nontax liabilityBusiness transfer paymentsStatistical discrepancyLess: Subsidies minus current surplus of govern-

ment enterprises

Capital consumption allowances

1949

230, 978

233, 460172, 54020, 39735, 9474,576

-2,482

230,978

189, 008115, 087109, 934109 979

-455,1532,4142,739

34, 40521, 62920, 998

63112, 776

7,720

28, 34826, 26610,81715, 4497, 1568,2932,082

3,448

22, 59921, 644

781162

— 12

19, 371

1950

254, 312

248, 841185, 30217, 55044, 8781,111

5,471

254, 312

209, 295126, 530119, 943119 907

366,5873, 1453,442

37,01523, 66724 907

— 1,24013, 348

8,175

33, 70438, 51918, 38320, 1368,570

11,566—4,815

3,871

23, 47923, 751

840-693

419

21,538

1951

291,881

281, 545198, 06931,94348, 1793,354

10, 336

291, 881

240, 203145, 054137 468137 439

297,5863,7313,855

41,77826, 21026 591

-38115, 568

8,871

40, 27441, 56924, 21317, 3568,6198,737

-1,295

4,226

27, 05225, 329

8601,404

541

24, 626

Table 8.—Government Receipts, 1949—51


i Excludes Armed Forces Leave Bonds amounting to $0.12 billion in 1949, $0.10 billion in1950 and $0.15 in 1951.

Source: Securities and Exchange Commission.

Total receipts,-- _ _ _ _ _ _ _ _ _ _

Federal

Personal tax and nontax receipts before refundsIncome taxesEstate and gift taxes _ - - - - _ - - - - _Other taxesNontaxes

Less* Tax refundsEquals: Personal tax and nontax receipts _ _

Corporate profits tax accruals _ _ _ _ . _Indirect business tax and nontax accruals before refunds-

Excise taxesLiquorTobacco_ _ _ _ _Other

Customs duties . _ _ . . _ _ _ _ _Capital stock taxN ontaxes

Less: Tax refunds - _ _ _ _ _ _ _ _ _Equals: Indirect business tax and nontax accrualsContributions for social insurance

State and local

Personal tax and nontax receipts _ _ _ . _Income taxesDeath and gift taxesMotor vehicle licenses .. .. - _ _ _Property taxesOther taxes _Nontaxes

Corporate profits tax accruals

Indirect business tax and nontax accrualsSales taxes

General _ - - - _ _ - _GasolineLiquorTobacco _ _ _ _ _ , _ _

Motor vehicle licensesProperty taxesOther taxes _ _ _Nontaxes

Contributions for social insuranceFederal grants-in-aid _._ . .

1949

56, 824

39 466

18, 52717 716

75457-

2 36816, 159

10, 2128,2307 5612 2041 3204 037

381

28872

8,1584 937

19 586

2,467667172288211184945605

13 4863 8821,6091 451

418404412

6 6421,951

599800

2,228

1950

69, 793

50 671

19, 82919 108

659

62"1 709

18, 120

17, 6119,0998 2522 4191 3484 485

549

29867

9, 0325 908

21 461

2 688712173328228210

1 037772

14 7194 3341 8431 629

440422462

7 1552 119

649943

2 339

1951

86, 806

66 086

27,90027 077

751

721 800

26, 100

23, 3609,5988 6772 4591 4474 771

591

33068

9,5307 096

23 090

3 000804229358240237

1 132853

15 7994 7572 0621 759

493443505

7 5402 290

7071,0682 370

July l<)f>2 SUKVEY OF CURRENT BUSINESS 17

Table 9.—Government Expenditures, 1949-51


Total expenditures _ __ _

Federal _

Purchases of goods and services _ __Compensation of employeesNet purchases from business

New construction.OtherLess: Domestic sales of surplus consumption

sroods_ _ . _ _Net purchases from abroad

Purchases from abroadLess: Sales to abroad

Transfer payments __

Grants-in-aid to State and local governments

Net interest paid _ _ _ _ _ _Interest paidLess: Interest received

Subsidies less current surplus of government enterprises .

State and local _ _ _ _ _

Purchases of goods and servicesCompensation of employeesPurchases from business

New constructionOther

Transfer payments

Net interest paid _Interest paidLess: Interest received

Less: Current surplus of government enterprises

1949

59, 875

41, 500

25, 4499,972

11,6431,488

10, 238

833,8344, 146

312

8,757

2,228

4,3275, 6111,284

739

20, 603

18, 1999, 4458 7544,9173 837

2 868

287589302

751

1950

61,311

40, 976

22, 16510,7128,0091,6256,430

463,4443, 639

195

10, 884

2, 339

4,4325,8041,372

1,156

22, 674

19, 70010, 1599 5415 5144 027

3 408

303624321

737

1951

79, 490

57, 751

40, 88116, 24221,3923,120

18,323

513, 2473,602

355

8,643

2 370

4, 5585, 9921,434

1,299

24, 109

21, 67111, 12010 5516 2214 330

2 861

335678343

758

Table 11.—Transactions of the Rest of the World with the UnitedStates, 1949-51


Table 10.—Social Insurance Funds, 1949-51


Federal

Contributions for social insuranceEmployee contributionsErnplover contributions

Government and government enterprisesPrivate

Less: Transferred to general government

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

Equals: N e t receipts _ _ _ _ _ _Less: Benefit payments

Equals: Surplus (+) or deficit ( — )

State and local

Contributions for social insuranceEmployeesEmployer (government and government enterprises) i _ _

Less: Transferred to general government, _

Equals: Retained by social insurance funds . _ _ _Plus: Investment income

Equals: Net receiptsLess: Benefit payments

Equals: Surplus (+) or deficit (— )

1949

4 9371 8563*081

7322, 349

226

4,711853

5, 5643, 495

2,069

800378422

17

783115

898356

542

1950

5 9082 4483 460

3953 065

341

5, 567884

6, 4516 132

319

94344150225

918133

1 051386

665

1951

7 0962 QQ74 189

4603 729

395

6,701887

7, 5884 398

3,190

1 06850955939

1 029152

1 181430

751

Net current payments to the United States

Net payments of factor incomeWages and salaries ._ _ _ _ _ _ _ .InterestDividends. _ _ _ _ _ _ _ _Branch profits

Net purchases from the LTnited StatesNet purchases from United States business

Purchases from United States businessSales to United States business

Net purchases from United States GovernmentPurchases from United States GovernmentSales to United States Government

Net purchases from United States personsPurchases from United States personsSales to United States persons

Net capital movement to the United States _ _

Long-termShort-termChange in gold stock _ _ __Errors and omissions

1949

528 !

J,067 !15 :

211313528 ;

-5394,576

12,312 i7,736

-3,834 i312 :

4. 146— 1.281 i

42 i1,323

-528

-1,126-23 !

-164 i785 1

i

1950 1951

-2, 304 193

1.323 1,61517 21

215 289387 417704 i 888

-3,627 i -1,4221.111 3,354

11,190 15,66010,079 12,306

-3, 444 -3, 247195 355

3, 639 3, 602— 1.294 —1,529

30 301,324 1,559

2,304 -193

-321 I -1,646726 912

1, 743 -53156 i 594

Table 12.—National Income by Legal Form of Organization, 1949—51


1 Includes contributions by private employers to State cash sickness compensation fundsas follows, in millions of dollars: 1949, 2; 1950, 7; 1951, 4.

210674°—52 3

National Income _ _ _ _ _ _

Income originating in business, total _ _ _Corporate business

Compensation of employees-- _ . . - _ _ _Wages 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 adjustmentN e t interest _ _ _ . . _ _ _ _ _ _ _ _ _

Sole proprietorships and partnerships., _ _Compensation of employees

Wages and salaries _ _Supplements to wages and salaries

Income of unincorporated enterprises and inventoryvaluation adjustment

Business and professionalIncome of unincorporated enterprisesInventory valuation adjustment

FarmNet interest

Other private business_Compensation of employees

Wages and salariesSupplements to wages and salaries

Income of unincorporated enterprises — business andprofessional

Rental income of personsNet interest__ _ _ _ . _ _

Government enterprisesCompensation of employees . _

Wages and salaries. _Supplements to wages and salaries

Income originating in general governmentCompensation of employees.

Wages and salariesSupplements to wages and salaries

Employer contributions for social insuranceOther labor income

Income originating in households and institutionsCompensation of employees

Wages and salariesSupplements to wages and salaries .

Employer contributions for social insuranceOther labor income. _

Net interest _

Income originating in the rest of the world

Wages and salaries _Corporate profits after taxNet interest

1949

216, 259

189, 008116.49087, 44783, 048

6,74376, 3054,399

28, 34826, 26610,81715, 4492,082

695

58, 39423, 64323, 026

\ 617

34, 23021,45420, 823

63112, 776

521

11,7441,6171 561

56

1757,7202,2322,3802,3802,299

81

19,41719,41718, 064

1, 3531,072

281

6,7675 3965, 343

531736

1,371

1,067

15841211

1950

239, 170

209, 295131.23796, 79891, 147

5, 651

33, 70438,51918,38320, 136

— 4,815735

62, 88725, 49224,715

36. 84023, 49224, 732

— 1,24013, 348

555

12,6761, 7451 681

64

1758 1752, 5812,4952, 4952, 400

95

20, 87120, 87119 7441,127

797330

7,6815 9575, 899

582038

1, 724

1,323

171 091

215

1951

277, 554

240, 203152, 330111,413104, 939

6, 474

40, 27441,56924,21317,356- 1 , 295

643

71, 14828, 93227, 998

934

41,59326, 02526, 406-38!

15. 568623

13, 9661, 9501 870

80

1858,8712,9602, 7592, 7592,661

98

27, 36227, 36226 065

1,297965332

8, 3746 4436, 352

915239

1,931

1, 615

211 305

289

18 SUEVEY OF CURRENT BUSINESS July 1952

Table 13.—National Income by Industrial Origin, 1949-51

Table 14.—Wages and Salaries, by Industry, 1949-51

Table 15.—Supplements to Wages and Salaries, by Industry, 1949—51


All industries, tctaL

Table 13.—National income

1949

Table 14.—Wages and salaries Table 15.—Supplements to wagesand salaries

216,259

Agricul hire, forestry, and fisheries 16,789Farms 16,274

gricultural and similar service establishments 321Forestry 51Fisheries 143

Mining 4,576Metal mining 568Anthracite mining 261Bituminous and other soft coal mining - _ . 1, 479Crude petroleum and natural gas 1,820Nonmetallic mining and quarrying 448

Con tract cons truction 10,441

Manufacturing 63,286Food and kindred products 6, 522Tobacco manufactures 517Textile-mill products 4, 12cApparel and other finished fabric products 3, 253Lumber and timber basic products 1, 804

Furniture and finished lumber products I 1, 65'Paper and allied products 2,202Printing, publishing, and allied industries 3, 412Chemicals and allied products 4, 627Products of petroleum and coal 2,838

Rubber products 978Leather and leather products 1,100Stone, clay, and glass products 2, 089Iron and steel and their products, including ordnance 7, 629Nonferrous metals and their products 2,138

Machinery, except electrical 6,314Electrical machinery 3,414Transportation equipment, except automobiles 1,908Automobiles and automobile equipment 4, 931Miscellaneous 1,828

Wholesale and retail trade 40,940Wholesale trade 11, 659Retail trade and automobile services 29, 281

Finance, insurance, and real estate 18,929Banking 2,614Security and commodity brokers, dealers and exchanges 201Finance, n. e. c 730Insurance carriers 2,123Insurance agents and combination offices 1, 227Real estate 12,034

Transportation 11,853Railroads 6,366Local railways and bus lines 564Highway passenger transportation, n. e. c 760Highway freight transportation and warehousing 2,321Water transportation 753Air transportation (common carriers) 341Pipeline transportation 203Services allied to transportation 545

Communications and public utilities 6,572Telephone, telegraph, and related services 2,661Radio broadcasting and television 262Utilities: electric and gas 3,537Local utilities and public services, n. e. c 112

Services 20,618Hotels and other lodging places 1, 241Personal services 2, 696Private households 3,626Commercial and trade schools and employment agencies 182Business services, n. e. c 1,917Miscellaneous repair services and hand trades 802Motion pictures 883Amusement and recreation, except motion pictures 722Medical and other health services 3,957Legal services 1,500Engineering and other professional services, n. e. c 761Educational services, n. e. c 1,051Religious organizations 478Nonprofit membership organizations, n. e. c 802

Government and government enterprises 21,797Federal—general government 9, 972

Civilian, except work reliefMilitaryWTork relief

Federal—government enterprises 1,790State and local—general government 9,445

Public educationNonschool, except work reliefWork relief

State and local—government enterprises 590Rest of the world 458Addendum: All private industries

239,170

17,37816, 825

33555

163

4,986652276

1.6961,883

479

12,404

74,4966, 680

5554, 5783,2372, 356

1,9742. 6823,6135, 3413,247

9751, 1512, 688

10, 1002, 483

j

42,78311,62431, 159

20,5322,861

340744

2, 0951,373

13, 119

13,2047, 122' 549

7542, 794

773400230582

7,1652, 959

2993, 789

118

22,3111,2962,8224,275

199

2,072845852729

4, 307

1,622851

1,088509844

23,36610,712

1,878

10,159

617

545

277,554

19,98719, 384

39259

152

5,831851284

1,8542,282

560

14,520

88,8636, 861

5805,2483, 6552,716

2,2493,3824,0006,6014,122

47,88214.26633, 616

22,3803. 223305894

2, 1891,49114,278

14,8367, 799569816

3, 161945523297726

8,0683,301377

4, 262128

24,3821,3953,0234,726

193

2,3151,104882759

4,6781,6921.0491.110546910

30,12116, 242

2,083

11,120

684

133,356

3,1692, 8861544683

2,931323223

1,166929290

6,939

43,8504,414211

3,1612,7491,330

1,3541,4642, 6572,429957

761933

1, 4655, 6301,386

4, 6532, 5291,6552, 6811,431

25,5858, 13717,448

4,9931, 300232425

1,512546978

9,2754,997544573

1,698576298121468

4,0362,000219

1,75958

12,200856

1,7742,336120

1,262343658562

1,554

305401819424786

20,3639,0544,8064,248

01.7189,0103,8715,139

0581

15

112,978

1950

145,603

3,0572,754

1614993

3,156346233

1,291967319

7,911

49,4084, 654219

3,5812,9411,601

1,6081,6842,8142. 657998

8821,0011, 6806, 6451,634

5, 2112, 9941,6743, 2481, 682

27,3378,74218, 595

5,5231,399301483

1, 644610

1,086

9,7945,199530566

2,015556313116499

4,2122,023249

1,88159

13,044859

1, 8092,636133

1,372361652569

1,778

325

848453822

22,14410,0945,0954,999

01.794

9,6504,1825,468

0

17

123,442

1949 1950

169,906

3,2842, 95219352

3,581417237

1,4251,128374

9,784

58,2875,120

2513,7013,0671, 851

1,7151,9203,0063,1761,130

1,0281,0131,9938,2081,912

7,0103, 7853, 0273,4151, 959

30,0219,95820, 063

6,0531, 563327545

1,821663

1,134

11,2595, 967546606

2, 337669376131627

4,6432, 226295

2. 06062

14,247908

1,9112,873130

1,566473668589

1,964

352591852486884

28,72615, 5226,8828, 640

01,998

10, 5434,6025,941

0663

21

141,159

6,559

15104

1951615111458

319

2181512813549

477897175202

304066

2261947194

818265553

313133831622059

5613781631602619922

3481888

1511

270294835

5314271716

410121913

1,434918

72

435

7,772

19125

27418221725111

395

3,1532581517716765

66105123224226

43 j499152692

2692568522393

1,002333669

3721541340

618400193379 I30211125

3982169

1712

31935583

16302019

612121818

1,222618 '

84

509

July 1952 SUEVEY OF CURRENT BUSINESS 19

Table 16.—Income of Unincorporated Enterprises, by Industry, 1949—51

Table 17.—Corporate Income Before Federal and State Income and Excess Profits Taxes, by Industry, 1949-511

Table 18.—Federal and State Corporate Income and Excess Profits Tax Liability, by Industry, 1949-51


All industries, total _ .

Agriculture, forestry, and fisheriesFarmsAgricultural and similar service establishmentsForestryFisheries _ _

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

Contract construction

ManufacturingFood and kindred productsTobacco manufacturesTextile-mill productsApparel and other finished fabric products _ __ _Lumber and timber basic products

Furniture and finished lumber products _Paper and allied products __ _ _ _ _ __Printiug, publishing, and allied industriesChemicals and allied products _ _ _Products of petroleum and coal

Rubber products _- _. _ _ . - .Leather and leather products _ __ __ ___ __ _ _ _ _Stone, clay, and glass productsIron and steel and their products, including ordnance . _ _Nonferrous metals and their products

Machinery, except electrical - -Electrical machinery - _Transportation equipment except automobilesAutomobiles and automobile equipment _ __Miscellaneous

\Vholesale and retail tradeWholesale trade _ _ -Retail trade and automobile services

Finance insurance, and real estateBanking _ _ __Security and commodity brokers dealers and exchangesFinance n e. c _Insurance carriers _Insurance agents and combination offices _ _Real estate

Transpor ta tionRailroads _Local railways and bus linesHighway passenger transportation, n. e. c _ _ _Highway freight transportation and warehousing

Water transportationA i r Transportation (common carriers) _ _ _ _ _ _ _ _Pipe-line transportationServices allied to transportation

Communications and public utilities _ _ _Telephone, telegrapn, and related services _ _ _ _Radio broadcasting and televisionUtilities: electric and gas _ _ _ _ _ _ _Local utilities and public services, n. e. c _

Services _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _Hotels and other lodging places _ _ _ __Personal servicesCommercial and trade schools and employment agenciesBusiness services, n. e. c _ _ _ _ _ _Miscellaneous repair services and hand trades

Motion picturesAmusement and recreation, except motion pictures... _ _Medical and other health services _.Legal services _Engineering and other professional services, n. e. cEducational services, n. e. c

Rest o f t he world _ _ _ _ _ _

Table 16. — Income unincorpo-rated enterprises

1949

33,774

12, 99912,776

1614

58

20874

4613912

2,578

928130

222

132107

435

13540

3

114405929

971437

45

9,3041,1788,126

1,0255

5554

617294

50803

88392

1200

13

20720

11

6,20421881021

470431

4893

2,3791, 195

355184

1950

38, 255

13, 58513, 348

1674

66

284135

6319013

3,234

1,432145

238

170229

929

147765

121709547

156288

1083

11,1721,4199,753

1,2806

16065

691358

58803

91467

1300

14

22730

12

6,658248890

24500454

4293

2,5031,295

417192

1951

42, 159

15,82615, 568

1925

61

335175

60239

14

3,398

1,350104

230

130201

8111

15474

5

11569

10954

17926108

87

12,0301,740

10, 290

1,3196

12174

753365

67004

95539

1500

17

22730

12

7,20911198023

535595

4396

2,6651,339

448208

Table 17. — Corporate incomebefore taxes

1949

27, 107

162162

00

1,127206

17144631129

532

14,9891, 551

277694165270

176559527

1, 6651, 544

14096

5181,682

467

1,405715202

2,109227

3,9601,5252,435

2,7111,373-5025057556

507

1, 143677-854

152

137206744

1,72034333

1,31727

531956335

13810

14545

232

1950

39,610

221219

11

1,38831721

194707149

981

23, 7621,824

3071,259

223590

331987579

2,7782,095

333164878

2,944915

1,9681,491

2903,405

401

5, 6132,1463,467

2,6771,451-6021640461

605

1,9631,316

—1051

216

17765

10048

2,17060538

1,49532

5221076335

14010

12542

1951

42, 874

266264

11

1,600407

20187826160

845

26, 3781, 626

3231,115

179556

3571,431

7593,0702,745

462128972

3, 6451,137

2,7541, 563

3432,749

464

5,4912,4303,061

2,9381,726-65293307

66611

1,9101,148-12

62172

22211914752

2,51671566

1,69936

5561216832

14512

13147

313 374

Table 18.— Tax liability

1949

10,817

7371

11

299545

4814943

221

5,93565711030692

107

81231216673340

5746

205684196

58729993

855100

1,638651987

1,241541

717821725

273

496289

22862

61102519

67413516

51112

24042251759

5

6626

1950

18, 383

9896

11

431986

7319559

488

11,114869149597130264

145459254

1, 353581

16479

4241,387

416

941793162

1,743204

2,6631,0471,616

1,388648

818615731

358

976650

23091

99344723

97629220

64915

24952281866

4

6021

1951

24,213

140138

11

555155

471

25471

513

15,549921192646131289

209929423

1,972943

30483

5932,222

659

1,7421,040

2321,722

297

3,0321,4031, 629

1,672843

928510239

394

1,060613

23888

133718530

1,37241341

89820

320703719836

7728

* A complete reconciliation of the all-industry totals for these income series with Bureau of Internal Revenue figures for "compiled net profit" is presented in table 38.are not deducted in arriving at corporate income for national income purposes. This has an important bearing on the data for the mining industries.

Depletion charges

20 SUKVEY OF CURRENT BUSINESS July 1052

Table 19.—Corporate Income After Federal and State Income and Excess Profits Taxes, by Industry 1949-51l

Table 20.—Net Corporate Dividend Payments, by Industry, 1949-51

Table 21.—Undistributed Corporate Income, by Industry, 1949-51


i

All industries, totaL--.

Agriculture, forestry, and fisheriesFarms _ . -Forestry.Fisheries

MiningMetal miningAnthracite mining - „.Bituminous and. other soft coal miningCrude petroleum a n d natural g a s _ _ _ _ _ _ _ - . _ _Nonmetallic mining and quarrying


ManufacturingFood and kindred productsTobacco manufacturesTextile-mill productsApparel and other finished fabric product5?Lumber and timber basic products

Furniture and finished lumber productsPaper and allied products _ _ _Printing publishing and allied industriesChemicals and allied productsProducts of petroleum and coal

Rubber products ' _ -Leather and leather productsStone clay and glass productsIron and steel and their products including ordnance _Nonferrous metals and then'r products - -

Machinery except electrical - - -Electrical machinery - -Transportation equipment except automobilesAutomobiles and automobile equipmentMiscellaneous - - - -- —

\Vholesaletrade -Retail trade and automobile services - - - -

Finance, insurance, and real estateBanking - - - - •

Finance n e e _ _ _ _ _Insurance carriersInsurance agents and combination offices -Real estate - - - - - -

Railroads - - - - - - -Local railways and bus lines - •

Highway freight transportation and warehousing __^Water transportation - - --Air transportation (common carriers)Pipe-line transportation _ ~Services allied to transportation _ _ --

Telephone telegraph and related services - - -Radio broadcasting and television __ _ _ .Utilities" electric and gas _ -- - -

Services - _ - - - - -Hotels and. other lodging places - _ _ _ . . _Personal services - - -Commercial and trade schools and employment agenciesBusiness services n e e - -

Miscellaneous repair services and hand trades - -IVIot'on picturesAmusement and recreation except motion pictures - -

Rest of the world -

Table 19.— Corporate income after j Table 20.— Corporate dividend Table 21.— Undistributed corporatetaxes i payments income

1949 1950 1951

16, 290

8991

— 1-1

828152

1296

48286

311

9,054894167388

73163

95328311992

1, 204

8350

313998271

818416109

1,254127

2, 322874

1, 448

1,470832

— 5772

35831

234

647388

-10269076104225

1,046208

17806

15

29153381879

57919

232

21,227

123 !123 :

00 j

957219

1512151290

493

12, 64895515866293

326

1H6528325

1,4251,514

16985

4541,557

499

1 , 027698128

1 , 662197

2,9501,0991,851

1,289803

— 6830

24730

247

987666

-1221

12578315325

1,194313

18846

17

27355351774

66521

313

18, 661

126126

00

1,045252"l611657289

332

10,829705131469

48

148502336

1,0981,802

15845

3791,423

478

1,012523111

1,027167

2, 4591,0271.432

1,266883

-748

205

217

850535

-14248489486222

1,144302

25801

16

23651311362

65419

374

1949 1950

7,469

535120

338928

5115433

62

3, 939404

89203

4367

41131124455521

3737

125381141

34119085

46163

854325529

658347

^404917

206

272154

5252133

41812

831201

8611

11

14917147

35

16015

313

8,957

7977

20

390125

747

17734

68

4, 903432

932174287

47160131592620

4836

161523169

38526899

71974

945377568

749357

0506118

263

364218

52726428

2513

927245

9662

11

14518147

35

15614

387

1951 ! 1949

i9, 036

113 1111

20

455132

553

23035

73

4,717406

922244192

46179129516750

6133

149511189

38526086

494

964373591

724383

0586318

202

407233

6312940114512

1,023282

9720

12

14315157

37

15315

417

8,821

3640-3-1

49060

445

32853

249

5,115490

781853096

54197187537683

4613

18861.7130

477226

24793

64

1,468549919

812485

-5632

3091428

375234

-151

69436

2413

215

9195

4

14236241144

4194

-81

1950

12, 270

4446

20

567948

74335

56

425

7,74552365

44551

239

139368194833894

12149

2931,034

330

642430

29943123

2,005722

1 , 283

540446

-68-20186

1 12-16

623448

-17— 69936232812

267689

1846

12837211039

597

-74

1951

9,625

1315

-20

5901201163

34254

259

6,11229939

2457

175

102323207582

1, 052

9712

230912289

627263

2553393

1, 495654841

542500

-74-50142

: 915

443302

-20i — 7

5549371710

121201681

4

9336166

25

514

-43

i A complete reconciliation of the all-industry totals for these income series with Bureau of Internal Revenue figures for "compiled net profit" is presented in table 38. Depletion chargesare not deducted in arriving at corporate income for national income purposes. This has an important bearing on the data for the mining industries.

July 1052 SURVEY OF CURRENT BUSINESS 21

Table 22A.—Inventory Valuation Adjustment, by Industry—Corporations, 1949—51

Table 22B.—Inventory Valuation Adjustment, by Industry—Unincorporated Enterprises, 1949-51

Table 23.—Net Interest, by Industry, 1949-51


All industries, total. ._

Agriculture, forestry, and fisheriesFarmsAgricultural and similar service establishmentsForestryFisheries

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


ManufacturingFood and kindred products _ _Tobacco manufacturesTextile-mill productsApparel and other finished fabric productsLumber and timber basic products

Furniture and finished lumber products . . _ .Paper and allied productsPrinting, publishing, and allied industries _ _ ___Chemicals and allied productsProducts of petroleum and coal

Rubber productsLeather and leather products _ _ _Stone, clay, and glass productsIron and steel and their products, including ordnance -Nonferrous metals and their products

Machinery, except electricalElectrical machineryTransportation equipment, except automobiles - _ _ _ _ _ _ _Automobiles and automobile equipmentMiscellaneous _ _ _ _ _ _ _ _

Wholesale and retail tradeWholesale trade ._Retail trade and automobile services

Finance, insurance, and real estateBankingSecurity and commodity brokers, dealers and exchangesFinance, n. e. c _ _ _ _ _ _ _Insurance carriersInsurance agents and combination offices _ -Real estate

TransportationRailroads ._ _Local railways and bus linesHighway passenger transportation, n. e. cHighway freight transportation and warehousing. _ _ _

Water transportationAir transportation (common carriers)Pipe-line transportation. _ __ _ ___Services 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

Services _ _ _ _Hotels and other lodging placesPersonal services _ _ .Private householdsCommercial and trade schools and employment agencies . .Business services, n. e. c

Miscellaneous repair services and hand tradesMotion picturesAmusement and recreation, except motion picturesMedical and other health servicesLegal services _ _ _ .. _ _ _ _ _

Engineering and other professional services, n. e. cEducational services, n. e. cReligious organizationsNonprofit membership organizations, n. e. c _

Rest of the world

Table 22A.— Corporate inventoryvaluation adjustment

1949

2,082

7622

210348

32

1,166165-81206331

33981

332112

4016-1

-25179

-34-16

7052

745424321

3428

1

0

2960

221

1950

—4, 815

-112-32

-14-50— 12

-70

-3,089-220-10

-458224

-102

-113-100-40

-362-99

-290-80-27

-103-193

-186-99-50

-217-116

-1,370-810-560

-92

2-2

-1-3-2

! -82! —14

! o--i

1951

—1, 295

q

-30

-1-4-1

-13

-781-295-40209

7515

15-94-49

43-32

17126

-25-142-40

-240-137-61—94-32

-435-213-222

-29-24

0

0

-28

0̂—22-1

I ii

|

Table 22B.— Unincorporated inven-tory valuation adjustment

1949

631

1950

—1,240

I

17104

111

32

621204

119

21

-170

011

-111

i0]

3

520116404

-27-1-1-8

-16i i

-70

-166-17

0-13-40-33

-120A

-80

0-4-3-3

-12

-410-^

-11

-977-225

1951

—381

-400i

-30

-13

—8-19

06

14

4-32

20

0

-1-4-1

— 7-2-1

-4

-356ci-r

-299

Table 23.— Net interest

1949

5,030

444440

211

22

0-2310

9

g3220

_4-2

8

-8A

-2120

600

-20

-4-4-8

-32

814

—6

2,167-197-44-30-26-12

2,476

332286

81318

135

-2

419117

0288

14

1, 41343

11,287

1-6

4

58

-4

-536353

211

1950 1951

5,810

496 i492

211

23-9

0—2340

23

-43622-6

06

-3—6

-2422

60

-1-4

0

—5

-9-36

0

619

-13

2,505-149-74-60-22-15

2, 825

333282

91519

046

445122

0308

15

1, 76847

21,636

1—6

4357

-4

36384

215

6,446

577573

211

23-8

0-3340

24

-203624

-38

2—5

-2822

70

-1

0

-6-11-40

1

26-32

2,784-246-92-62-22-18

3, 224

331277

101620

136

469120

1331

17

1,975510

1, 8392

-8

455

-5

-63740

4

289

22 SUEVEY OF CUREENT BUSINESS July 1952

Table 24.—Number of Full-Time Equivalent Employees, by Industry, 1949-51Table 25.—Average Number of Full-Time and Part-Time Employees, by Industry, 1949—51

Table 26.—Average Annual Earnings per Full-Time Employee, by Industry, 1949-51

1

AH industries, total _ _ _

Agriculture, forestry, and fisheriesFarms _ -Agricultural and similar service establishmentsForestryFisheries

Mining __ _ _ _ _ _ „_ _ _ _ __ _ _ .Metal miningAnthracite mining ___ _ _ _ - _ _ _ . _ _Bituminous and other soft coal miningCrude petroleum and natural gas _ - - . . - - -Nomnp.tallic mining and quarrying


Manufacturing __ ._ _ . _ - _ _Food and kindred productsTobacco manufactures- . - _ . _Textile-mill productsApparel and other finished fabric productsLumber and timber basic products

Furniture and finished lumber productsPaper and allied productsPrinting publishing, and allied industriesChemicals and allied productsProducts of petroleum and coal

Rubber productsLeather and leather productsStone, clav, and glass productsIron and steel and their products, including ordnanceNon ferrous metals and their products

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

Wholesale and retail trade __ _ _Wholesale tradeRetail trade and automobile services

Finance insurance, and real estate _ __ _ _ ..Ban kin0*Security and commodity brokers, dealers and exchangesFinance n e eInsurance earnersInsurance agents and combination officesReal estate

TransportationRailroadsLocal railways and bus lines _ _ _Highway passenger transportation, n e eHighway freight transportation and warehousing _ _ _ _ _ _ _ _ _ _ _Water transportationA':r transportation (common carriers)Pine-line transportationServices allied to transportation _ _

Communications and public utilitiesTelephone telegraph, and related servicesRadio broadcastin^ and televisionUtilities* electric and gasLocal utilities and public services, n e e

Hotels and other lodging placesPersonal servicesPrivate households -- _Commercial and trade schools and employment agenciesBusiness services, n e eMiscellaneous repair services and hand tradesMotion pictures _ _ _ _Amusement and recreation except motion picturesMedical and other health servicesLeâl servicesEngineering and other professional services, n. e. cEducational services, n. e. c - - __ _.Religious organizationsNonprofit membership organizations, n. e. c

Government a n d government enterprises _ _ _ _ . _ _ _ _ . _ _ .Federal — general government

Civilian, except work relief _ _ _ _ _ _ _ _ _ _ _MilitaryWork relief _ -

Federal — government enterprisesState and local general government

Public education _ _ _ _ ..Nonschool except work reliefWork relief ---

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

Table 24.— Full-time equivalentemployees

[Data in thousands]

1949

46,596

2, 3912, 268

702330

9149577

39824896

2,148

14, 1831 , 509

1011,2311, 155

580

511453727689229

236388487

1, 662424

1, 336778460743484

8,7322,2206,512

1, 624411

46112473157425

2,6081,349

166208479139

7729

1611,280

68849

52023

5, 643439812

1, 65837

34299

226238779138102365196212

7,0683,0491,4451,604

5493,2901,3681,922

1805

39, 523

1950

48, 254

2,2792, 154

722231

9169775

39525198

2,359

14, 9671,517

971,2941, 181

637 I566484741707231

250393518

1,831452

1,3868S8447810537

8,8982, 2486, 650

1, 686420

49122490166439

2,6461,373

1561975301267627

1611,269

66753

52722

5,921432805

1, 86439

355100224235844142104367199211

7,3083,1321,4381,694

5603, 4321,4302,002

1845

40,941

1951

52, 237

2,2052, 073

812031

91710269

371271104

2,627

16, 1421 , 550

1031,2741,190

680

563510754783243

270379556

2,028488

1 , 6551,020

695827574

9,2142, 3346, 880

1,748446

53131510172436

2,7841,424

1501995781398529

1801, 306

692

53522

6, 084436807

1,92038

381117219231889146131354202213

9, 2054,9201,7963,124

5743, 5251,4832,042

1865

43,027

Table 25.— Full-time and part-timeemployees

[Data in thousands]

1949

48, 502

2,4272, 268

1062330

|9149577

39824896

2,148

14, 1831,509

1011,2311,155

580

511453727689229

236388487

1 , 662424

1,336778460743484

9,6972,2917,406

1,731414

56133486190452

2,7341,349

166211575146

29181

1,285688

54520

236,253

471870

1,84944

409126250295779154102365215324

7,1253,0491,4451,604

6063,2901,3681,922

1805

41,372

1950

50, 225

2, 3152, 154

1082231

9169775

39525198

2,359

14, 9671,517

971,2941,181

637

566484741707231

250393518

1,831452

1, 386888447810537

9, 8832,3207, 563

1,800423

60146504199468

2,7831, 373

1562006351337627

1831,274

66758

52722

6,557463862

2,07947

423128248291844159104367218324

7,3663,1321,4381,694

6183,4321,4302, 002

1845

42,854

1951

54, 281

2,2462, 073

1222031

91710269

371271104

2,627

16, 1421, 550

1031,2741,190

680

563510754783243

270379556

2,028488

1, 6551,020

695827574

10,2312,4087,823

1,867449

65157525206465

2,9351,424

1502026931478529

2051,311

69262

53522

6, 736463864

2,14246

454150243286889164131354222328

9,2644,9201,7963,124

6333,5251,4832,042

1865

45,012

Table 26. — Average annual earnings

[Dollars]

1949

2,862

1, 3251,2722,2002,0002,767

3, 2073, 4002, 8962, 9303,7463,021

3,230

3,0922, 9252,0892, 5682, 3802, 293

2, 6503,2323, 6553,5254,179

3,2252,4053,0083,3873, 269

3,4833,2513, 5983,6082,957

2,9303,6652,679

3,0753,1635,0433, 7953, 1973,4782, 301

3,5563, 7043,2772, 7553, 5454, 1443, 8704,1722,9073, 1532,9074,4693, 3832,5222,1621,9502, 1851,4093,2133,6903,4652,9122,3611. 9952,2103,9312,2442,1633,7082,8812, 9693,3262,648

3,1292,7392,8302,674

3,2283,0002,859

1950

3,017

1,3411,2792, 2362, 2273, 000

3, 4453, 5673,1073, 2683, 8533,255

3,354

3,3013, Ofi82 95$ •2, 7672, 4902, 513

2,8413,4793, 7983,7584,320

3, 5282,5473,2433, 6293,615

3,7603,3723, 7454,0103, 132

3,0723,8S92,796

3,2763, 3316, 1433, 9593, 3553, 6752,474

3,7013,7873, 3972, 8733,8024,4134, 1184 2963,0993,3193, 0334, 6983, 5692, 0822, 2031,9882,2471,4143,4103,8653,6102,9112,4212,1072,2894,1062,3112,2763,8963, 0303 2233, 5432,951

3,2042,8122,9242,731

3,2933,4003,015

1951

3,253

1,4891,4242,3832,6002,806

3,9054,0883, 4353, 8414, 1623, 596

3,724

3,6113, 3032, 4372, 9052,5772, 722

3, 0463, 7653,9874, 0564, 650

3,8072, 6733,5854, 0473,918

4, 2363,7114, 3554,1293,413

3,2584, 2662,916

3, 4633, 5046,1704, 1603, 5713, 8552,601

4,0444,1903, 6403, 0454,0434,8134,4244, 5173,4833, 5553,2175, 1753,3502,8182,3422,0832,3681,4963,4214,1104,0433,0502, 5502,2092,4114,5112,4072,4064,1503,1213, 1553,8322,766

3,4812,9913,1032,909

3, 5654,2003,281

SURVEY OF CUREENT BUSINESS 23

Table 27.—Number of Active Proprietors of Unincorporated Enterprises, by Industry, 1949—51

Table 28.—Number of Persons Engaged in Production, by Industry, 1949-51

Table 29.—Corporate Sales, by Industry, 1949-51

All industries, total 10,750

Agriculture, forestry, and fisheries 4,875Farms 4,655Agricultural and similar service establishments 173Forestry 4Fisheries 43

Mining 47Metal mining 9Anthracite mining 2Bituminous and other soft coal mining 7Crude petroleum and natural gas 22Nonmetallic mining and quarrying 7

Contract construction „ 1,131

Manufacturing 162Food and kindred products 32Tobacco manufactures 1Textile-mill products 2Apparel and other finished fabric products 24Lumber and timber basic products 18

Furniture and finished lumber products 8Paper and allied products 1Printing, publishing, and allied industries 21Chemicals and allied products 3Products of petroleum and coal 0

Rubber products 0Leather and leather products 2Stone, clay, and glass products 7Iron and steel and their products, including ordnance 6Nonferrous metals and their products 6

Machinery, except electrical 17Electrical inachinery 1Transportation equipment, except automobiles 1Automobiles and automobile equipment 1Miscellaneous j 11

Wholesale and retail trade 2,322Wholesale trade 246Retail trade and automobile services 2,076

Finance, insurance, and real estate 339BankingSecurity and commodity brokers, dealers and exchanges 14Finance, n. e. c 11Insurance carriersInsurance agents and combination offices 210Real estate 103

Table 27.—Active proprietors[Data in thousands]

1949 1950

TransportationRailroadsLocal 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. c

Miscellaneous repair services and hand tradesMotion picturesAmusement and recreation, except motion pictures..Medical and other health servicesLegal services

Engineering and other professional services, n. e. c..Educational services, n. e. cReligious organizationsNonprofit membership organizations, n. e. c

Government and government enterprisesFederal—general governmentFederal—government enterprisesState and local—general governmentState and local—government enterprises,.

Rest of the world

Addendum: All private industries.

23801

27204

3003

2105

1,628154454

399

3171234

302143

53

10,564

4,6074,381

1774

45

46926

227

1,210

15828

12

2418

2,312247

2, 065

3441

1411

214104

24201

27207

3004

2105

1,637151451

3102

3251234

304145

10,322

4,2834,054

1804

45

46926

227

1,271

1552412

2319

81

2130

02766

18111

11

2,300251

2,049

3521

1411

Table 28.—Persons engaged[Data in thousands]

221105

25401

28218

3004

2105

1,653154449

4106

3341334

300147

5953

1949

Table 29.—Corporate sales[Millions of dollars]

7,2666,923

243

96110479

405270103

3,279

14,3451, 541

1021,2331,179

598

519454748692229

236390494

1,668430

1,353779461744495

11,0542, 4668, 588

1, 963412

60123473367528

2,8461,349

167235683

1427729

164

69050

52028

7,271593

1,2661, 658

40441

416238272

1,081281

159418196212

7,0683,049549

3,290180

5

50,273

58,818

6,8866,5352492676

96210677401273105

3,569

15,1251,545

981,2961, 205655

574485762710231

250395525

1,837458

1,403889448811548

11,2102, 4958,715

2,03042163133490380543

2,8881, 373157224737

1297627165

1,2776695452727

7,558583

1,2561, 864

42457

425236269

1,148287

161420199211

7,3083,132560

3,432184

5

51, 505

62,559

6,4886,1272612476

96311171377293111

16,2971,574104

1,2761,213699

571511775786

270381563

2,034494

1,6731,021696828585

11, 5142, 5858, 929

2,10041767142510393541

3, 0381,424

151227

1428529184

1,31469458535

7,737590

1,2561,920

42487

451232265

1,189293

190407202213

9,2054,920574

3, 525186

5

53,349

370,079

1,825 |1,769

2036

6,565927409

1,8752, 602752

9,739

184,47935,3953,14110, 7837,8163,236

3,2745,4206,37013,44417,626

3,0482,9263,96117,5786,402

13,4218,2853,83614,9043,613

130,98167,18663, 795

17,1649, 356443

1, 1562,681

1,833836340519

10,8593, 496442

6, 735186

8,4671,3831,491

6822,136

2661,857652

423,944

1,9941,937

40

7,4361,140446

2,1942,784872

14,024

215,71737,9793,21013,1668,0744,161

4,1126,6776, 66916,05219,512

|4,103 j3,081 !5,038

22,120 I8,184 j

15,233 !11,284 !3,940

18,8244, 298

145, 36774,91270, 455

18, 78310, 330

4311,1323,217

1,811894400568

11,8923, 919

541 |7,233 |

199 j

8,7311,4241,520

7572,328

2791, 764

659

484,863

2,5802, 528

8,3571, 425

4902, 3263,174

942

15,006

251,21042,6123,415

14, 8649,6814, 506

4, 5648,4007,696

18,33122,946

20,12312,8195, 370

19,7465,020

164,65889, 89474, 764

20, 56411,322

4441,1683, 530

1,9381, 066

474622

13,0494, 338

6847, 812

215

9,4391,5381, 642

7422,654

3651,813

685

24 SUEVEY OF CURRENT BUSINESS July 1952

Table 30.—Personal Consumption Expenditures, by Type of Product, 1949—51


I. Food i and tobacco 1 63,145 I 65,748 !

1. Food purchased for off-premise consumption (ndc)2. Purchased meals and beverages 11,679

a. Retail, service, and amusement establishments(ndc) 10,320

b. Hotels (ndc) 1,073

43,376 | 45,726

c. Dining and buffet cars (ndc)d. Schools and school fraternities (ndc)e. Institutions, clubs, and industrial lunchrooms

(ride)i. Tips (ndc)g. Less: noiiconsumer purchases included in lines

a-f (ndc) _

73322

11. 859

10, 4731,092

70324

491413•HI, |

988 | 1,004

3. Food furnished government (including military)and commercial employees, and withdrawn bynonfarm proprietors (ndc) '

4. Food produced and consumed on farms (ndc) 2,3935. Tobacco products and smoking supplies (ndc) 4, 266

II. Clothing, accessories, and jewelry _ _

1. Shoes and other foot wear (ndc)2. Shoe cleaning and repair (s)3. Clothing and accessories except footwear (ndc)4. Standard clothing issued to military personnel (ndc)..5. Fur storage arid repair (s)

1,431 | 1,5332,2324, 398

51,57912, 960

11,4531.162

592451

1,099

2. 1492,4704,703

23,007 | 23,025 24,630

2. 958249

15,813213

90

6. Cleaning, dyeing, pressing, alteration, storage, andrepair of garments, n.e.c. (in shops) (s)

7. Dressmakers and seamstresses (not in shops) (s)8. Laundering in establishments (s)9. Costume and dress suit rental (s)

10. Net purchases from second-hand clothing dealers (s)_.

11. Miscellaneous personal services (s)12. Jewelry and watches (dc)13. Watch, clock, and jewelry repairs (s)

84469

3. 080241

1 5. 5.82274

92

1,35781

84169

3.295247

16, 565418101

I ;

20 i 221,273 | 1.312

124 : 128

III. Personalcare ! 2,216 | 2,303

1. Toilet articles arid preparations (ndc) ' 1,1932. Barber shop services (s) i 5213. Beauty parlor services (s) ; 4864. Baths and masseurs (s) I 16

1, 245549492

17

1,47288

8807

10

251, 385

137

2,415

1,312

1,103 !

IV. Housing.. 18,080 | 19,877 j 21,765

1. Owner-occupied nonfarm dwellings—space-rentalvalue(s) ; 10,757 12.006 | 13,369

2. Tenant-occupied nonfarm dwellings (including lodg- ; |ing houses)—spacerent(s) i 5.517 6,002 ! 6,223 ;

3. Rental value of farm houses (s) 1.294 1.332 1,5884. Transient hotels and tourist cabins (s) ! 272 290 i 3285. Clubs, schools, and institutions (s) i 240 ; 247 257

j ' ;

V. Household operation I 23,540 ] 26,451 ; 27.383

1. Furniture (dc) 2,820 , 3,2862. Floor coverings (dc) 964 j 1,1283. Refrigerators, and washing and sewing machines (dc) _ .1 j4. Miscellaneous electrical appliances except radios (dc) _ f 2, 403 j 3,0215. Cooking and portable heating equipment (dc) j i

6. China, glassware, tableware, and utensils (dc)7. Durable house furnishings, n. e. c. (dc)8. Products of custom establishments, n. e. c. (dc)9. Writing equipment (dc)

10. Net purchases from second-hand furniture and an-tique dealers (s)

11. Upholstery and furniture repair (s)12. Rug, drapery, and mattress cleaning and repair (s)._-13. Care of electrical equipment except radios and of

stoves (s)14. Semidurable house furnishings (ndc)15. Lighting supplies (ndc)

16. Cleaning and polishing preparations (ndc)17. Miscellaneous household paper products (ndc).18. Stationery and writing supplies (ndc)19. Fuel (except gas) and ice

a. Purchased (ndc)b. Produced and consumed on farms (ndc) -

20. Household utilities

1,422

1,324

23

11775

1701,889

1,154

3982,892

2, 775117

1,500

1, 436

25 j

12578 |

179 !

2,044

3, 3501.140

2, 516

1,548 :

1,511

14082

1932,125

1,268 1,368

3983.109 !

2,997 j112 !

4133,159

3,200 i 3,582 I 3,996i J

a. Electricity (s) l 1, 746 j 1,955! 2,190b. Gas (s) . i 1,031 1,177 1,336c. Water(s) 423 i 450 I 470

V. Household operation—Continued

21. Telephone (s)22. Telegraph, cable, and wireless (s)23. Postage (s)24. Express charges (s)25. Moving expenses and warehousing (s)

26. Domestic service (excluding practical nurses)a. Cash payments (s)b. Value of meals furnished (s)

27. Fire and theft insurance on personal property—netpayments (s) _

28. Miscellaiuteous household operation services (s) -

VI. Medical care and death expenses.

1. Drug preparations and sundries (ndc)2. Ophthalmic products and orthopedic appliances (dc).3. Physicians (s)4. Dentists (s)5. Osteopathic physicians (s)

6. Chiropractors (s) j7. Chiropodists and podiatrists (s) '8. Private duty trained nurses (s)9. Pract ical nurses and mid wives (s)

10. Miscellaneous curative and healing professions (s) ;

11. Privately controlled hospitals and sanitariums (s)12. Net payments to group hospitaJization and health as-

sociations (s)13. Student fees for medical care (s)14. Accident and health insurance—net payments (s)15. Mutual accident and sick benefit associations—net

payments (s)

1949

1,82927

23233

234

2,2381,926

312

6630

1,398431

2,267931113

421099840

24431

955

1,450 !477 i

2,376 i959 I119 \

93 !

4411411141

16. Funeral and burial service (s)17. Cemeteries and crematories (s)18. Monuments and tombstones (dc).

1224

408

663203188

1284

450

677206194

1. Miners' expenditures for explosives, lamps, andsmithing (ndc)

2. Tools (dc)3. Theatrical employment agency fees (s) _ _ .4. Nontheatrieal employment agency fees (s)5. Xet payments to labor unions (s)

6. Employees' dues and fees to professional associa-tions (s)

7. Brokerage charges and interest, and investmentcounseling (s) _ .

8. Trust services of banks (s)9. Bank service charges for deposit accounts, check col-

lection, and foreign exchange (s)10. Safe-deposit box rental (s)

241 !82 |

183 |49 i

n12.

13

1415

16.17.

18

Money-order fees (s) _Services furnished without payment by financial

intermediaries except insurance companies (s)Expense of handling life insurance

a Life insurance companies (s)b. Fraternal and assessment associations (s)

Legal services (s)Interest on personal debt (s) _ - - -

Classified advertisements (s)Net purchases from pawnbrokers and miscellaneous

second hand stores (s)Personal business services, n. e. c. fs ) ._ _.

45

1,8802,2682 152

1161,0031, 261

54

38

51

2,1002 5552 431

1241 0811, 587

55

2341

2, 34328

25532

2,525 | 2,7512,169 2,343

356 408

7733

10,145

1, 570541

2,520

4711712244

1,723 ! 1,963 ] 2,140

1274

470

754211204

VII. Personal business i 7,576 ! 8.741 9,502

12 13 14125 140 ; 151

22 ! 22 ! 2323 i 24 | 24

260 I 263 281

201 I48

10

424

21752

55

2,2992,8252, 690135

1,1241,774

62

2445

VIII. Transportation

1 User-operated transportation

a. New cars and net purchases of used cars (dc)_.b. Tires and tubes (dc)c. Parts and accessories (dc) .. .-.d. Automobile repair, greasing, washing, park-

ing, storage, and rental (s) _ _. , ._e Gasoline and oil (ndc)f. Bridge, tunnel, ferry, and road tools (s)g. Automobile insurance— net payments (s)

2. Purchased local transportation..

a. Street and electric railway and local bus (s) _ _ .b Taxicab — fares and tips (s)c. Steam railway— commutation (s) . - _d. Ferry— foot passengers (s) .

19, 274

15 995

7,8781 , ^,1} l,oll

1 3694 635

67535

2 094

1,42258679

22, 526

19 305

10, 237

2, 030

1 4784 928

70562

2 084

1,39060879

7

21,788

18 415

8,762

1, 967

1 6705 330' 76610

2 087

1,366632836

July SURVEY OF CURRENT BUSINESS

Table 30.—Personal Consumption Expenditures, by Type of Product, 1949-51—Continued


25

VIII. Transportation—Continued

3 Purchased intercity transportation- - . _ „ _ _ .

a. Steam railway (excluding commutation) ( s ) _ _ -b. Sleeping and parlor car — fares and tips (s)c Intercity bus (s)d. Air line (s) _ _ _ _-e. Coastal and inland waterway (s)_.. _ _ -f. Baggage transfer, carriage, storage, and excess

charges (s) _

4 Luggage (dc)

IX Recreation

1. Admissions to specified spectator amusements

a Motion picture theaters (s)b Legitimate theaters and opera (s)c. Entertainments of nonprofit organizations, ex-

cept athletics (s)d Professional baseball (s)e Professional football (s)

f Professional hockey (s)g Horse and dog race tracks (s)h College football (s)i Other amateur spectator sports (s)j. Ticket brokers' markup on admissions (s)

k Purchase of programs (s) - - -

2 Pari-rnutuel n e t receipts ( s ) _ _ . . . - _ _

3. Nonvending coin machines — receipts minus payoff (s)

4. Specified corn mercial participant amusements

a Billiard parlors and bowling alleys (s)b. Dancing, riding, shooting, skating, arid swim-

ming places (s)

d Daily fee golf courses — greens fees (s)e. Golf instruction, club rental, and caddy fees (s).

f Sightseeing busses and guides (s)g Private flying operations (s)

a Books and maps (dc)b. Magazines, newspapers, and sheet music (ndc) _

d. Nondurable toys and sport supplies (ndc)e. Wheel goods, durable toys, and sport equip-

ment (dc)

f Boats and pleasure aircraft (dc)g. Boat and bicycle rental, storage, and repair (s) .h. Radio and television receivers, phonographs,

parts and records (dc) _ _ -i. Pianos and other musical instruments (dc)

1 Photographic studios (s)m. Collectors' net acquisitions of stamps and

coins (s) -- -

1949

1,016

47043

31815126

8

169

10, 276

1, 802

1, 34292

72669

737

106595

233

152

394

128

803234

103

98

6,311

6381,288

81,017

651

5117

i 1,992

213

98245

11

1950

964

41641

30317423

173

11, 330

1,671

1 , 23590

70558

636

10357

4

207

150

402

125

833335

108

108

7, 464

6111,338

91, 102

695

6418

2,848

324

102256

12

1951

1. 102 i

46940

333231

21

184

11, 308

1,604

1, 16690

70519

638

10356

78

224

150

413

121

863237

116

129

7, 383

6301, 373

91, 197

742

6818

2, 421

420

117288

12

IX. Recreation — Continued

5. Informal recreation— Continued

n. Hunting dog purchase and training, and sportsguide service (s) __ _ _ _

o. Veterinary service and purchase of pets (s)

6 Flowers seeds and potted plants (ndc)7 Camp fees (s)8 Clubs

a. Athletic and social clubs— dues and fees (s) . .b. School fraternities — dues and fees (s)c. Fraternal, patriotic, and women's organiza-

tions except school and insurance — net pay-ments (s)

I d. Luncheon clubs (s)9. Commercial amusements, n. e. c, (s) _

X Private education and research

1 Higher education (s)2 Elementary and secondary schools (s)3. Commercial, business, and trade schools — fees (s)4 Correspondence schools — fees (s)5 Other instruction (except athletics) — fees (s)6. Foundation expenditures for education and research

(s)

XI Religious and welfare activities

I 1 Religious bodies (s)i 2 Social welfare and foreign relief agencies (s)

3 Museums and libraries (s) -4. Foundation expenditures (except education and re-

search) (s)5 Political organizations (s) _ _ .

XII Foreign travel and remittances — net

1. Foreign travel and remittances by United Statesresidents - - - - - _ - -

a. Payments to United States vessels and air-craft (s)

b. Other foreign travel expenditures (s)c. Expenditures by United States Government

personnel (military and civilian) (ndc)d. Personal cash remittances to foreign coun-

tries (s) -

2. Less: expenditures and remittances by foreigners

a Expenditures in the United States (s)b. Personal cash remittances to the United

States (s)

1949

2755

65842

460

17526

24019

224

1, 663

77449811828

180

65

1,762

1, 053655

19

2510

1, 164

1, 601

107697

560

237

437

395

42

Total personal consumption expenditures 180, 588

Durable commodities (dc) 23.840

Nondurable commodities (ndc) _ _ _ _ _

Services (s)

99, 223

57, 525

1950 1951

2956

68944

471

18225

24519

232

1,793

80457113429

189

66

1,857

1,125666

19

2522

1, 163

1,602

107786

492

217

439

409

30

194, 277

29, 152

102, 760

62, 365

3058

75847

489

19723

24920

240

1,847

79562013029

206

67

1, 955

1, 20669220

2611

1, 373

1, 863

12476*

747

227

490

460

30

207, 972

27, 120

113,505

67, 347

i Expenditures for food (items 1-4) excluding alcoholic beverages are estimated as follows in millions of dollars: 1949 -50,959; 1950—53, 250; 1951—60,708.

210674°

26 SURVEY OF CUEEENT BUSINESS July 1952

Table 31.—Ne\v Construction Activity, by Type, 1949-51 1


Table 34.—Supplements to Wages and Salaries, 1949-51


Total new construction activity,.

New private construction activity. .

Residential building (excluding farm)New dwelling unitsAdditions and alterations _ _ _ _ _ _ _ _ _Nonhousekeeping units

Nonresidential building (excluding farm)Industrial buildingsWarehouses, office and loft buildingsStores, restaurants, and garages.

Other nonresidential buildingsReligiousEd-ucationaLHospital and institutionalSocial and recreational.. _ _ _ ...Miscellaneous

Public utilityRailroadsTelephone and telesraoh

Farm constructionResidentialNonresidential

All other private

New public construction activity

Residential buildingNonresidential building .

IndustrialEducational _ - - _ - _ _ _ _ _ .Hospital and institutionalOther nonresidential buildings _ _ _

Military and NavalHighway _ _Sewer and waterMiscellaneous public service enterprises _Conservation and development. .All other public _ _

Petroleum and natural gas well drilling. __ _ _ . ._

1949

22, 789

16, 384

8 2677 257

825185

3,228972321706

1,229360269202262136

3,323352533

9 4.38

1,488695793

78

6,405

3592, 068

177934477480

1372, 131

61920379395

1,069

1950

28, 749

21,610

1 2, 60011 525

900175

3,7771 , 062

402886

1,427409294344247133

3,330315440

2 575

1,791837954

112

7, 139

3452,402

2241,163

476539

1772,381

671186881

96

1,279

1951

31,025 Total supplements to wages and salaries

21, 684 Employer contributions for social insurance

10, 973 Old-ase and survivors insurance

934 Federal unemployment tax190

Railroad retirement insurance _5, 152 Railroad unemployment insurance2, 117 Federal civilian employee retirement svstems

544827 State and local employee retirement systems

Cash sickness compensation funds. _1> 664 Government life insurance

452345 Other labor income419164 Compensation for injuries284 Employer contributions to private pension and welfare

funds

399 other ' Y

487

1949 1950 1951

6,559

3,503

8161,010

223

27723

272

420

459

3,056

643

2, 059244110

7,772 I 8,974

3,962 j 4,748

1,308 ; 1.6621,217 1,464

234 270

282 30724 26

315 316

495 5557 4

80 144

3,810 4,226

676 780

2, 730 3, 041284 282120 123

1,800850950

64

9, 341

5953,471

9581,531

498484

1,0192, 400

706213860

77

1,568

1 These construction data are as published by the Building Materials Division of theNational Production Authority in the May 1952 Statistical Supplement to "Constructionand Construction Materials." Revisions for the period 1947-49 have not yet been includedin the new construction series in the other tables of this report.

Table 32.—Producers' Durable Equipment

(Commodity detail for recent years is not available. For the period 1929-45 see 1951National Income supplement to the SURVEY OF CURRENT BUSINESS.)

Table 33.—Net Change in Business Inventories, 1949-51


Table 35.—Employee Contributions for Social Insurance, 1949-51


Net change in business inventories, totalFarm _ _ _ _ _ _ _ _ _Nonfarm _ _ . _

Net change in nonfarm inventoriesCorporate _ _ _ _ _.Noncorporate _ .

Change in book value _. . __CorporateNoncorporate _

Inventory valuation adjustment-Corporate _ _Noncorporate - - - -

Net change in nonfarm inventories by industrial groupManufacturing _ _ .

Change in book valueInventory valuation adjustment

Wholesale tradeChange in book valueInventory valuation adjustment

Retail tradeChange in book valueInventory valuation adjustment

All otherChange in book valueInventory valuation adjustment - -

1949

—2, 482-873

-1,609

—1,609-1,496

-113

-4, 322-3, 578

-744

2,7132, 082

631

—1,609-1,476-2, 704

1,228

122-418

540

-37-762

725

-218-438

220

1950

5,471911

4,560

4,5603, 2121,348

10, 6158,0272,588

-6,055-4,815-1, 240

4,5601,8895,144

-3, 255

6231, 658

-1,035

1,9823,294

-1,312

66519

-453

1951

10, 336938

9,398

9,3988,885

513

11,07410, 180

894

-1,676-1,295

-381

9,3988, 1068,895-789

426696

-270

437958

—521

429525

-96

1951

10, 336938

9 398

9 3988,885

513

11 07410, 180

894

— 1 676-1,295

—381

9,3988, 1068,895-789

426696

-270

437958

—521

429525

-96

Total employee contributions for social insurance

Old-age and survivors insurance

State unemployment insurance

Railroad retirement insurance

Federal civilian employee retirement svstems

State and local employee retirement systems

Cash sickness compensation funds

Government life insurance

1949

2,234

816

11

277

350

330

48

402

1950

2,889

1 308

13

282

371

390

51

474

1951

3,416

1 662

14

307

391

460

49

533

July SURVEY OF CURRENT BUSINESS 27

Table 36.—Transfer Payments, 1949-51


Total transfer payments _ _

Federal Government

Benefits from social insurance fundsOld-age and survivors insurance benefits - _State unemplovment insurance benefitsRailroad retirement insurance benefitsRailroad unemplovment insurance benefitsFederal civilian pensionsGovernment life insurance benefits.

Direct reliefMilitary pension, disability, and retirement payments. _Adjusted compensation benefitsMustering-out payments to discharged servicemen and

terminal-leave benefitsReadjustment, self-employment, and subsistence

allowances t o veterans.. _ _ _ _ _ _Other

State and local government

Benefits from social insurance fundsGovernment pensions _ _ _ _ _ _ _ _ _ _Cash sickness compensation

Direct reliefSpecial types of public assistanceGeneral assistance-- . - _ __

Other

Business ... . _

Corporate gifts to nonprofit institutions _ _ _ __ __Consumer bad debtsOther

1949

12,406

8,757

3, 495667

1,730320103242433

2,4022

167

2,280411

2,868

35632531

2,1691, 889

280

343

781

223353205

1950

15, 132

10, 884

6, 132961

1,36733760

2783,129

2,479

116

1,697458

3,408

38635035

2,3462, 055

291

677

840

223353264

1951

12, 364

8,643

4,3981,885

83735520

2901,011

2,4411

153

1,214436

2,861

43039535

2, 2682,076

192

163

860

223353284

Table 38.—Reconciliation of Department of Commerce Estimatesof Corporate Profits with Bureau of Internal Revenue Tabula-tions, 1949


Compiled net profit, B. I. R.1

Plus depletion, B. I. RPlus net capital loss, B. I. RPlus net loss, sales of property, other than capital assets, B. I. R _ .Less net capital gain, B. I. RLess net gain, sales of property, other than capital assets, B. I. RLess domestic dividends received, B. I. RLess foreign dividends received, B. I. RPlus "rest of the world" industry, CommercePlus profits disclosed by audit, CommerceLess profits of mutual life insurance companies, based on B.I. R_

Less profits of mutual nonlife insurance companies, B. I. RLess foreign income tax on branch profits, CommercePlus State income taxes, CommercePlus profits of Federal Reserve banks, Federal Reserve BoardLess gross renegotiation refunds, B. I. R _ .

28,3871,476

227723389

2,162452232

1,4001, 556

34143605239

Less emergency amortization acceleration, Commerce-.Plus war losses, Commerce

Profits before taxes, Department of CommerceLess Federal income taxes, B. I. RLess State income taxes, CommerceLess taxes resulting from audit, CommercePlus tax refunds resulting from renegotiation, B. I. RPlus tax refunds resulting from emergency amortization acceleration, Commerce-

•Less income taxes, Federal Reserve banks, Federal Reserve BoardPlus taxes paid by mutual life insurance companies, based on B. I. RPlus taxes paid by mutual nonlife insurance companies, B. I. RLess unjust enrichment tax, CommerceLess excess profits tax, Vinson Act, CommercePlus foreign income tax on dividend income, Commerce

27,1079,817605525

1933815

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

127

143

Profits after taxes, Department of Commerce 16,290

1 B. I. R.—Bureau of Internal Revenue.

Table 37.—Monetary and Imputed Interest, 1949-51


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 institutions. _.Monetary 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 paid _ _ _ __ _ _Less: Monetary interest received- _

1949

5,030

3,448

6,9155, 3977,4981,366

1,3711,371

21125948

9,644

5,030

4,6146,2001,586

1950

5,810

3 871

7,6295 9428,2151, 485

1,7241,724

21527863

10,545

5, 810

4,7356,4281,693

1951

6,446

4,226

8,5086 5039,1031,682

1,9311,931

28936475

11,339

6,446

4,8936,6701,777

Table 39.—Major Items of Personal Income and PersonalConsumption Expenditures in Kind, 1949-51


Personal income and consumption expenditures in kind

Food furnished government (including military) andcommercial employees

Standard clothing issued to military personnelMeals furnished domestic servants and nurses

Net rent of owner-occupied farm and nonfarm dwellings-Services furnished without payment by financial inter-

mediaries except insurance companiesEmployees' 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 included inpersonal income

Depreciation of owner-occupied farm and nonfarmdwellings-

Taxes on owner-occupied farm and nonfarm dwellings- _Institutional depreciation

1949

7,050

1,069213330

3,423

1,880135

2,510

2, 393117

4,609

2. 0562,310

243

1950

7,653

1,173274376

3, 587

2,100143

2,344

2,232112

5, 368

2,2562, 845

267

1951

9,061

1,752418430

4,008

2,299154

2,572

2,470102

6, 044

2, 5333,228

283


Table A.—Gross National Product or Expenditure in Constant Dollars, 1929—51

[Billions of 1939 dollars]

! 1929 I 1930 i 1931 j 1932 j 1933 | 1934 ! 1935 | 1936 i 1937 ! 1938 | 1939 ! 1940 | 1941 1942 j 1943 1944 i 1945 1946 i 1947 ; 1948 | 1949 1950 i 1951

Gross national product.

Personal consumption expenditures...

85.9 | 78.1 i 72.3 j 61.9 I 61.5 67.9

62.2 i 58.6 ! 56.6 | 51.8 51.1

Durable goods j 8 . 0 s 6 . 4 ; 5.3 i 3.9Nondurable goods I 29.1 ! 27.7 27.5 I 25.2Services 25. 1 I 24. 5

Gross private domestic investment ! 14.9 10.1 j 5.9 1.1

New construction i 7. 4 I 5. 4 • 3.8 2.1Producers' durable equipment 6.1 j 4.8 ; 3.3Change in business inventories 1.5 j — . 2 | —1. 1


Government purchases of goods andservices

Federal .State an d local

Gross private product'

.6 I .3

7.9 I 8.7 9.4

1.3. !6.6 !

1.5 I7.3 !

1.67.8

Gross government product 2 _ _ _ | 4. 4 j 4.6 4.7 4.6

91.3 i 100.0 1115.5 1129.7 J145.7 1156.9 153.4 -138.4 |138.6 143.5 ! 144.0 154.8 :167.3

67.5 i 71.3 I 76.6 j 75.8 ! 78.0 ! 81.1 86.3 95.7 98.3 100.3 J103.2 108.5 108.4

8. 9 ! 5.740. 1 j 41. 3

5.042.6

25. 5 | 26. 5 I 27. 6 ! 28. 8 \ 30. 4

9.9 | 13.7 I 17.1 I 9.3 | 5.4

3. 3 ' 1.9 !4. 4 I 3. 6 i1. 6 i -.1 i

4.6 5. 3 i 10.4 12.3 12. 6 i 12.9 ! 15.4 : 13.344. 5 ; 47. 9 i 50. 2 ! 49. 5 i 49. 7 | 50. 7 ! 51. 6 j 52. 432.0 I 33. 2 ; 35.2 . 36.4 : 38.0 ! 39.6 '• 41.5 ; 42.6

6.6 ; 8.3 20.3 : 19.3 \ 22.7 | 18.0 i 25. g 28.0

2.0 ; 2.6 i 6.0 > 6.9 i 8.0 ; 7 .9 > 9.8 i 9.25.1 6. 7 ' 9.9 i 11 .8 ! 12. 6 ! 1 1 . 4 i 13.1 i 13.6

—. 5 ; — 1 . 0 : 4. 4 ' .6 i 2 .1 1-1.3 ! 2. 8 ! 5 .1

1.2 .7 I -.4 j—2.1 1—2.2 1—1.8 i 2.7 ; 4.8 ! 1.4 .0 i 2.0

13.8 21.1 | 45.0 j 64.3 71.3

6. 1 I

60.6 ! 19.6 ! 16.1 | 19.2 i 22.2 20.6 i 28.9

38. 36.7

58.26. 1

65. 46.0

54. 66.0 !

12.86.8

10.9 i 12.9 i 10.9 i 18.98. 2 ! 9.3 ! 9. 7 ! 10.1

81.5 73.5 67.7 I 57.4 | 56.5 i 62.0 ! 67.6 92.1 106.2116.5 ! 125.3 i 133.0 129.7 125.6 128.8 133.7 133.7 144.3 1154.0

5.0 9.3 i 13.1 j 20.3 j 23.9 23.7 12.8 ! 9.8 \ 9.7 ! 10.3 10.5 i 13.3!

1 Gross national product less compensation of general government employees.2 Compensation of general government employees.

Table B.—Implicit Price Deflators for Gross National Product by Major Segments, 1929-51

[Index numbers, 1939=100]


Personal consumption expenditures. ..

Durable goodsNondurable goodsServices

Gross private domestic investment

New construction. _ . _.Producers' durable equipmentChange in business inventories


Government purchases of goods andservices

FederalState and local . _ _ . . .

Gross private product J ,

Gross government product 2_. .

1929

120.9

126.5

116.5129 7126. 0

106.0

106.2106. 0

107.5

100.7108.8

122.0

99.5

1930

116. 3

120. 7

113. 3123 1120.0

101.0

102.3102.0

104.8

95.9106. 6

117.4

99.4

1931

105.0

108.0

104.8105. 5111.6

90.3

93.197.0

97.6

95.998.0

105.3

100.2

1932

94.2

94.9

93.590.2

100. 3

83.9

79.591.9

91.1

89.691.4

93.9

97.6

1933

90.7

90.6

91. 589.292.0

80.8

77.289.8

91.9

88.293.2

90.4

94.1

1934

95.5

96.0

96.199. 192.3

79.7

85.694.7

97.0

97.097.0

95.5

95.1

1935

97.7

98.3

95. 5102.993.4

91.7

87.094.4

97.4

96.797.7

97.9

95.0

1936 1937

98.3

99.5

96.0103.495.4

89.1

89.494.3

98.4

98.998.1

98.4

97.5

102.7

103.2

99.7107.099.2

100.4

98. 199. 0

102.1

103.4101.3

102.9

99.8

1938

100.9

100.9

100.2101.999. 7

100.1

99.5100. 9

100.2

100.0100.4

100.9

100.9

1939

100.0

100.0

100.0100.0100.0

100. 0

100.0100.0

100.0

100.0100. 0

100.0

100.0

1940

101.5

101.1

102. 3101.3100.4

102.0

102.7102.1

101.1

100.9101. 3

101.6

99.6

1941

109.5

107.4

109.2109.7103.4

107. 3

110. 9106.9

117.2

122.7106.7

110.2

100.8

1942

124.6

120.3

124. 5128.1108.4

117.1

120. 5110.1

132.8

135. 9115. 0

125.5

116.6

1943 1944 1945

133.4

131.1

136.4143.2113.3

104.8

132.8111.9

137.8

139.5121.5

134.4

127.2

136.2

137.5

153. 4150. 7116.8

117.0

141.8111.5

135.3

136.2125.9

136.0

137.2

140.3

142.6

160. 4156.5119.7

130.0

149.7113.1

136. 7

137.1132.9

138.2

151.7

1946 1947

152.6

153.5

159.9171.2126.4

141.5

170.3124.9

157.6

163.6146.3

151.5

162.8

168.6

168.4

173.1192.1134.6

157.9

202.2144.6

177.4

185. 2168.6

168.5

170.0

1948 1949

180.6 '179.4

177.4 1 175.1

182.1 i 185.0202.9 J195.8142.5 1145.3

188.4 |185.9

222.2 1219.2157.8 1163. 5

191.0

192.4189.1

180.7

179.3

196.5

196.7196.0

178.6

189.0

1950

183.6

179.1

188. 7199.2150.4

195.5

234.4167. 3

203.5

204.2202.7

182.4

199.4

1951

196.8

191.9

203.4216.5158.0

209.3

251. 5183. 7

216.4

216.9215.5

196.0

206.5

1 Gross national product less compensation of general government employees.2 Compensation of general government employees.

Table 40.—National Income by Distributive Shares, Quarterly, 1949—51


National income . . .

Compensation of employeesWages and salaries _ _

PrivateMilitaryGovernment civilian

Supplements to wages and salaries . _

Proprietors' and rental income _ _ __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 adiustment _ _ -

Net interest - -

Addendum : Compensation of general government employees.

I

54.2

34.532.927.9

1.04.01.6

10.95.43.61.9

7.57.43.04.5.1

1.2

4.8

II

53.9

34.933.228.1

1.04.11.7

10.65.43.21.9

7.36.32.53 81.0

1.2

4.9

1949

III

54.3

35.033.428.51.10 0

1.7

10.35.43.01.9

7.76.92.84.1.8

1.3

4.6

IV

53.8

35.533.928.5

1. 14.31.6

10.35.43.02.0

6.76.52.63.9.2

1.3

5.1

Year

216.3

139.9133.4113.0

4.216.16.6

42.121.612.87.7

29.227.110.816.32.1

5.0

19.4

i53.7

34.933.027.7

1. 14.21.9.

10.65.53.12.0

6.87.13.33.8-.3

1.4

5.0

11

57.8

37.135.229.8

1.14.32.0

10.85.83.12.0

8.48.94.14.8-.5

1.4

5.1

1950

III

62.2

39.537.532.2

1.24.02.0

11.76.23.52.1

9.511.35.36.1

— 1.8

1.5

4.9

IV

65.5

41.839.933.7

1.64.61.9

12.06.23.72.1

10.112.35.76.6

-2.2

1.5

5.8

Year

239.2

153.4145.6123. 4

5.017.27.8

45.223.713.38.2

34.839.618.421.2

-4.8

5.8

20.9

I

66.1

42.540.233.61.84.82.3

12.46.63.82.1

9.511.96.75.1

-2.3

1.6

6.3

II

68.7

44.442.135.02.15.02.3

12.26.53.62.1

10.410.96.24.7-.5

1.6

6.8

1951

III

70.6

45.543.336.12.34.92.2

12.76.54.02.3

10.810.05.64.3.8

1.6

6.8

IV

72.2

46.444.336.5

2.45.42.1

13.36.74.22.4

10.910.15.74.4.8

1.6

7.4

Year

277.6

178.9169.9141.2

8.620.19.0

50.626.215.68.9

41.642.924.218.7

-1.3

6.4

27.4

July 1!>.~>2 SURVEY OF OUERENT BUSINESS 29

Table 41.—National Income by Distributive Shares, Seasonally Adjusted Quarterly Totals at Annual Rates, 1949—51


National income

Compensation of employeesWages and salaries

Private _Military ._ _Government civilian

Supplement to wages and salaries

Proprietors' and rental income _ . _ .Business and professionalFarmRental income of persons

Corporate profits and inventory valuation adjustmentCorporate profits before tax

Corporate profits tax liabilityCorporate profits after tax

Inventory valuation adjustment __ _

Net interest _ _

Addendum: Compensation of general government em-ployees _ _ _ _ . _ _

I

221.2

140.9134 5114. 7

4.215 76.3

43.821 814 47 5

31.831 312.518 8

.5

4.8

18.9

II

215.7

139.8133 3113 1

4.116 16.5

42.221 712 87 7

28.724 79 9

14 84 0

5 0

19.2

1949

III

215.5

139.4132 8112 2

4.216 46 6

41.221 512 07 8

29.826 610 716 03 1

5 1

19.6

IV

212.7

139.7132 9112 0

4.516 46 8

41.321 611 87 9

26.525 810 315 5

7

5 3

20 0

Year

216.3

139.9133 4113 0

4.216 16 6

42.121 612 87 7

29.227 110 816 32 1

5 0

19.4

I

218.9

142.0134 8113 9

4 416 47 2

42.622 112 48 0

28 830 214 016 2

— 1 4

5 5

19 7

II

231.3

148.7141 2120 1

4 316 87 5

43.423 212 27 9

33 535 516 519 0

—2 0

5 7

19 8

1950

III

247.2

157.4149 5127 1

4 917 57 9

46.824 613 98 3

37.044 320 623 7

—7 2

5 9

21 0

IV

259.4

165 4157 0132 7

6 317 98 4

48 024 714 88 5

39 848 422 526 0

—8 6

6 2

22 9

Year

239 2

153 4145 6123 4

5 017 27 8

45 223 713 38 2

34 839 618 421 2

—4 8

5 8

20 9

I

269.6

172.9163 9137 6

7 418 98 9

49 726 215 18 5

40 750 128 421 7

—9 4

6 3

25 1

II

274.8

178.2169 3141 2

8 519 69 0

49.026 014 48 5

41.243 324 518 8

—2 1

6 4

26 8

1951

III

280.2

181.0172 1142 0

9. 121 08.9

50.826 015 89 i

41.938 621 816 93 2

6 5

28 6

IV

285.6

183.4174 3143 8

9.620 99 1

53.126 617 09 4

42.539 522 217 33 0

6 6

29.0

Year

277.6

178.9169 9141. 2

8.620 19.0

50.626 215 68 9

41.642 924.218 7

— 1.3

6.4

27.4

Table 42.—Gross National Product or Expenditure, Quarterly, 1949-51


Gross national product . . _ _ ..

Personal consumption expenditures. ._ .Durable goodsNondurable goods ._ __Services ... _ ___ __ ___

Gross private domestic investment .New constructionProducers' durable equipment--Change in business inventories— -total

Nonfarm only


Government purchases of goods and servicesFederal

National securityNational defenseOther national security. .- .

OtherLess: Government sales. _ _ _ . _ _

State and local

I

63.1

42.14 9

23. J14.2

10.23 64.62.02.0

.3

10.56.44 83.41.41.6. 1

4.1

II

62.8

44.75 7

24.614.3

6.54.25.0

—2.7—2.4

.3

11.36.65 13.51.71.6. 1

4.6

1949

III

64.6

44.16 0

23 814 3

9.64 84.6

25

o10 96 34 93 41.51 6.2

4.7

IV

67.7

49.77 3

27 714.7

7.24 74.5

—2.0— 1 7

— 1

10 96. 14 43 31.21 8. 1

4.8

Year

258. 2

180.623 899 257.5

33.517 218 7

—2.5—1 6

.5

43 625 419 313 65.76 6.4

18.2

I

64.1

43.75 7

22 915 1

10.74 34 42.02 0

— 4

10 05 54 23 11. 11 3. 1

4.5

II

66.9

46.76 4

24 815 6

10.45 65 3

__ 7

— 4

10 25 24 33 11.3

9. 1

5.0

1950

III

73.3

49.98 5

25 715 6

14.26 96 21. 1

8

10 15. 14 43 4.98

. l5.0

IV

79 9

53 98 5

29 416 1

15 16 26 1

2 5

— 6

11 56 45 64 61 0

81

5.2

Year

284 2

194 329 2

102 862 4

50 322 922 05 54 6

— 2 3

41 922 218 514 24 33 9

219 7

I

79.2

50 07 0

26 416 6

17 35 26 45 65 3

— 7

12 67 76 96 1

891

4.9

II

80 1

50 46 4

27 216 8

14.65 96 62 11 8

0

15 19 68 77 8.991

5.5

1951

III

81 8

50 56 3

27 516 7

14 16 35 82 01 8

2

16 911 410 49 6

81 1

15 5

IV

88 2

57 07 5

32 417 2

12 55 86 1

75

7

17 912*211 110 2

91 3

15.7

Year

329 2

208 007 i

113 567 3

58 523 324 <)10 3q 4

2

62 640 937 133 73 44 2

421 7

Table 43.—Gross National Product or Expenditure, Seasonally Adjusted Quarterly Totals at Annual Rates, 1949—51



Personal consumption expendituresDurable goodsNondurable goods - _ _ . _ _ . _ _ _ ._.Services

Gross private domestic investmentNew constructionProducers' durable equipment-- - -Change in business inventories — total

Nonfarm only, ... . . .. _ _ . ...


Government purchases of goods and servicesFederal _ . _ _ _ _ _ _ _ _ _ _ _ _ . _ ... - _

National securityNational defense - - _ _ - _ _ ._ _Other national security

OtherLess: Government sales- _ - _ _ _ _

State and local

I

260.6

178.722 4

100. 156 3

37 517 119.21.21.1

1.2

43.225.619 313.65 86.6.3

17 5

II

258 6

180.223 699 657 0

32 6

19.1—3 2—2. 1

1.3

44.526.620 513 96 66 3.3

18 0

1949

III

256 9

180 524 598 157 9

32 716 918.3

— 2 6— 1 2

.2

43 625 119 413 65 96 4

18 5

IV

256 8

183 025 099 158 9

31 018 218 2

— 5 4—4 2

—.5

43 324 517 813 14 77 0.3

18 8

' Year

258 2

180 623 899 257 5

33 517 218 7

—2 5— 1 6

5

43 625 419 313 65 76 6

418 2

I

263 5

184 926 098 760 1

39 020 8IS 5— 2— 1

— 1 7

41 321 916 912*54 35 3

319 4

iII

277 8

189 326 7

100 861 8

50 022* 221 4

6 45 4

— 1 6

40 120 817 312 25 13 8

19 3

1950

III

291 3

203 534 2

106 263 1

50 g24 324 4

2 18

—3 2

40 120 517 413 73 73 3

19 7

IV

304 2

199 429 7

105 364 4

61 624 223 813 612 2

—2 7

45 925 522 418 53 93 3

320 4

Year

284 2

194 329 ?

102 8go 4

50 322 922 0

5 54 6

—2 3

41 922 218 514 24 33 9

219' 7

I

319 6

210 531 3

113 365 9

59 824 724 810 39 0

—2 7

51 930 827 624 33 33 5

321 1

I

32

202

116

g22]_(lt

5(

3£3^3]

2]

1951


Table 44.—Disposition of Personal Income, Quarterly, 1949—51[Billions of dollars]

Personal income

Less: Personal tax and nontax paymentsFederalState and local



Equals; Personal saving

I

50.9

7.36.6

7

43.6

42.1

1.5

II

51.4

3.42.7

48.0

44.7

3.4

1949

III

50.9

4.33.8

6

46.6

44.1

2.4

IV

52.7

3.63.1

49.0

49.7

Year

205.9

18. f)16.22 5

187.2

180.6

6.7

I

53.6

7. 16.3

8

46.5

43.7

2.8

II

54.6

4.03.3

50.6

46. 7

3.8

1950

III

57.0

4.94.3

6

52.1

49.9

2.2

IV

61.2

4.84.3

6

56.3

53.9

2.4

Year

226. 3

20 818.12 7

205 5

194 3

11 2

i60.4

10 79.8

9

49 7

50 0

— 3

II

62 7

5 95. 1

8

56 9

50 4

6 5

1951

III

63 9

6 65.9

57 3

50 5

6 8

IV

67 0

6 05.3

61 1

57 0

4 0

Year

254 1

29 126. 13 0

225 0

208 0

17 C

Table 45.—Disposition of Personal Income, Seasonally Adjusted Quarterly Totals at Annual Rates, 1949-51[Billions of dollars]

1950 1951

Personal income _._ _ _

Less: Personal tax and nontax payments _ _FederalState and local



Equals: Personal saving _ _ _

I

207.5

18.716.3

2 4

188.8

178.7

10.1

II

206.0

18.616.22 4

187.3

180.2

7.1

III

204.7

18.616. 12 5

186. 1

180. 5

5.6

IV

205.5

18.616. 1

186.9

183.0

3.9

Year

205.9

18.616 22 5

187.2

180. 6

6.7

I

217.8

19.316.72 6

198. 5

184.9"

13.6

II

219.0

19.817 22 7

199. 1

189. 3

9 8

III

229.0

20.617.82 7

208. 5

203.5

4.9

IV

239. 5

23.520 82 8

216. 0

199.4

16.6

Year

226. 3

20.818 19 7

205. 5

J94. 3

11.2

I

246.2

28.225 32 9

218. 0

210.5

7.5

II

251.9

28.725 83 0

223.2

204. 5

18.7

III

256.1

29.026 03 0

227. 1

206. 4

20. 7

IV

262.0

30.427 33 1

231.5

210 5

21. 1

Year

254.1

29 126.1

3 C

225. C

208. C

17. C

Table 46.—Relation of Gross National Product, National Income, and Personal Income, Quarterly, 1949-51[Billions of dollars]

1949 1950 1951


Less* Capital consumption allowancesIndirect business tax and nontax liability __Business transfer paymentsStatistical discrepancy

Plus: Subsidies less current surplus of government enter-prises

Equals : National income

Less: Corporate profits and inventory valuation adjustment-Contributions for social insurance _ _Excess of wage accruals over disbursements

Plus* Government transfer paymentsNet interest paid by government - _ _Dividends _ _Business transfer payments _ _

Equals: Personal income

I

63. 1

4 65.1.2

—1.0

.0

54.2

7.51.5.0

2.81.01.7.2

50.9

II

62.8

4 85.3

2—1.5

o53.9

7.31.5

2.91.41.7.2

51.4

III

64 6

4 95.6. 2

—.4

— . 1

54.3

7. 71.4.0

2.91.01.6.2

50.9

IV

67.7

5 05.7.2

3.0

.0

53.8

1.3.0

3.01.22.4.2

52.7

Year

258.2

19.421.6

.8

.2

.0

216.3

29.25.7.0

11.64.67.5.8

205.9

I

64.1

5 15.4.2

—.3

.1

53.7

6.81.8.0

5.31.11.8

2

53.6

II

66.9

5 35.8.2

—1.9

.2

57.8

8.41.8.0

3.61.41.8

2

54.6

III

73.3

5.56.4.2

—1.0

o62.2

9.51.7.0

2.71.12.1.2

57.0

IV

79.9

5 66.2.2

2.5

.1

65.5

10.11.6.0

2.81.23.2.2

61.2

Year

284.2

21.523.8

.8-.7

.4

239.2

34.86.9.0

14.34.79.0.8

226.3

I

79.2

5.96.2.2

1.0

.2

66.1

9.52.2.0

2.81.12.0.2

60.4

II

80 1

6 16.1.2

-.8

.3

68.7

10.42.2.0

2.91.42.1.2

62.7

III

81 8

6 26.3.2

—1.6

.0

70.6

10.82.0.2

2.91. 12. 1

2

63.9

IV

88 2

6.56.6.2

2.7

.0

72.2

10.91.8

— . 2

2.91.32.8.2

i 67.0

Year

329.2

24.625.3

.5

277.6

41.68.2.0

11.54.99.0.9

254.1

Table 47.—Relation of Gross National Product, National Income, and Personal Income, Seasonally Adjusted Quarterly Totals at AnnualRates, 1949-51[Billions of dollars]

1951

Gross national product __ _

Less : Capital consumption allowancesIndirect business tax and nontax liabilityBusiness transfer paymentsStatistical discrepancy _ - _ _ _ _

Plus: Subsidies less current surplus of government enter-prises -_ _ _ - _ _

Equals: National income

Less: Corporate profits and inventory valuation adjustment-Contribut'ons for social insuranceExcess of wage accruals over disbursements

Plus* Government transfer paymentsNet interest paid bv government _ -DividendsBusines? transfer payments . -

Equals * Personal income - - - -

I

260.6

18.520 9

.8-.7

.1

221.2

31.85.8.1

11.24.67.4.8

207.5

II

258. 6

19.221 5

.81.6

.2

215.7

28.75.7-.3

11.74.67.3.8

206.0

III

256.9

19.622 1

.8— 1.3

-.2

215.5

29.85.7.0

11.94.67.3

s204.7

IV

256.8

20.222 0

.81.0

-.1

212.7

26.55.7.0

11.84.67.8.8

205.5

Year

258.2

19.49] 0

.8

.2

.0

216.3

29.25. 7.0

11.64.67.5.8

205.9

I

263. 5

20.529 3

.81.4

.4

218.9

28.86.6.0

21.04.77.8

8

217.8

II

277.8

21.123 3

.82.1

.9

231.3

33.56.7.0

14.24.78.1.8

219.0

III

291.3

22 125" 2

.9-4.0

.1

247.2

37.06.9.0

11.04.89.3.9

229.0

IV

304.2

22.424 2

.9-2.3

.4

259.4

39.87.3.1

11.14.8

10.7.9

239.5

Year

284.2

21.523 8

.8-.7

.4

239.2

34.86.9.0

14.34.79.0.8

226.3

I

319.6

23.495 7

.9

.7

.7

269.6

40.78.1.1

11.34.88.6.9

246.2

II

329.3

24.324 7

.95.7

1.1

274.8

41.28.2

_ 9

11.64.99.0.9

251.9

III

330.9

25.025 0

.9

.0

.1

280.2

41.98.1.8

11.64.99.2.9

256.1

IV

337.1

25.825 8

.9-.8

2

285.6

42.58.3-.6

11.55.09.3.9

262.0

Year

329.2

24.625 3

.91.4

. 5

277.6

41.68.2.0

11.54.99.0.9

254.1

July 10H2 SURVEY OF CURRENT BUSINESS 31

Table 48.—Personal Income, Seasonally Adjusted Monthly Totals at Annual Rates, 1949-51


Year and month

1949JanuaryFebruaryMarchAprilMayJune

July _ _\ugu^tSeptemberOctoberNovemberDecember

Total

1950January - -FebruaryMarchAprilM!ayJune - -

July -- -- ---AugustSeptemberOctoberNovember _ __December

Total

1951JanuaryFebruaryMarchApril -MayJune -- -

JulyAugustSeptemberOctoberNovemberDecember

Total

Personalincome

210.0206. 3206.1205.9206.2205.8

204.0204.9205.2202.9204.4209.0

205.9

215.2216.7221.4217.6218. 4221.0

224.9229 2233.2234.8237.3246.6

226.3

245.6245 5247.3250.0251.4254.3

254.5256. 7257.3261.7260. 9263.4

254.1

Wage and salary receipts

Total

133.6132.1130.6131.8131.7130.7

130.6130.4131.0129.5130.4132.1

131.2

131.6131.1133. 5135.9138. 2141.2

143.1147.1149.7152.0153.5155.8

142.7

158.1160.4162.4164.4165.3168.2

167.3167.9168.8170.5171.3172.6

166.5

Wage and salary disbursements

Total dis-bursements

135.9134.4132.9134. 0133. 9133. 0

132.7132.6133.2131.7132.6134.3

133.4

134. 4133.8136.3138.6141.0144.1

145. 9150.1152.5155.2156.6158.8

145.6

161. 6163. 7166. 0167. 7168.9171.6

170.7171.2172.1174.0174.8176.0

169.9

Commod-ity produc-ing indus-

tries

60.058.957.357.456.956.3

55.956.356. 554.755.657.1

56.9

57.056. 258. 159. 661.463.0

63.966.267.269.169.771.0

63.5

72.072.974.074.975.175.4

75.074.875.775.975.877.5

74.9

Distribu-tive indus-

tries

39.038.838.639.339.539.1

38.938.939.038.738.638.9

38.9

38.938.939.439.740.241.2

41.842.842.943.243.143.6

41.3

44.244.845.045.345.547.0

46.346.546.346.546.546.7

45.9

Service in-dustries

17.116.917.117.217.417.2

17.216.917.117.417.417.4

17.2

17.617.817.818.118.418.6

18.718.819.019.219.419.5

18.6

19.819.720.020.120.320.4

20.420.420.420.720.820.8

20.3

Govern-ment

19.819.819.920.120.120.4

20.720.520.620.921.020.9

20.4

20.920.921.021.221.021.3

21.522.323.423.724.424.7

22.2

25.626.327 027.428.028.8

29.029.529.730.931.731.0

28.7

Less em-ployee con-tributionsfor socialinsurance

2.32.32.32.22.22.3

2.12.22.22.22.22.2

2.2

2.82.72.82 72^82.9

2.83.02.83.23.13.0

2.9

3.53.33.63.33.63.4

3.43.33.33.53.53.4

3.4

Other laborincome

2.82.92.93.03.03.0

3.13.13.13.23.23.3

3.1

3.33.43.53.63.73.7

3.83.94.04.14.24.3

3.8

4.24.24.24.24.24.2

4.24.24.24.34 24^3

4.2

Proprietors'and rental

income

45.542.842.941.842.242.6

40.741.741.341.041.141.7

42.1

44.141.741.942.643.743.8

46. 947.246.446.948.049.2

45.2

51.349.248.749.149.048.8

50.151.550.953.452.553.3

50.6

Dividendsand per-

sonal inter-est income

16.816.816.816.816.917.0

17.117.017.017.017.118.9

17.1

17.718.018.118.318.518.7

18.919.121 819.619.725.5

19.5

19.519.720.020.320.320.4

20.420.521.020.820.521.1

20.4

Transferpayments

11.311.712.912.512.412.5

12.512.712.812.212.613.0

12.4

18.522.524.417.214.313.6

it 911.312.211.911.8

15.1

12.512.012.012.012.612.7

12.512.612.412.712.412.1

12.4

Nonagri-culturaiincome

189.3188. 5

i 188. 31 189. 0

188.8188. 1

187.7188.1189.1186.8188. 6192.4

188.7

196.7200.7205.6201.2201.6204.7

206. 3210.7215. 0216.2217.5226.4

208.5

224.9226.5228. 5230.5232. 5235. 4

234. 0235.5236.4239.1239.5240.7

233.6

Corrections for 1951 National Income supplement to the Survey of Current Business

The following substitutions should be made in the National Income supplement:Page

42 Seventh line from the end of the first column: "stocklife" for "life." The line should read, "that theoperating expenses of stock life insurance companiesare."

80 Eleventh, twelfth, and thirteenth lines from the end ofthe first column: For "increased * * * non-land-lords," substitute "show gross rent or rent classified byproperty type, it has not been possible to reconcile thenet rent figures from this source with these other data."

157 Income originating in households and institutions,Supplements to wages and salaries, 1948-50: In "Em-ployer contributions" line, substitute 17. 17, 21 for 30,36, 41; In "Other labor income" line, substitute 30,36, 41 for 17, 17, 21.

Page

158 All-industry total, 1936: 64,719 for 66,941. Agricul-ture, forestry, and fisheries, 1936: 5,327 for 7,549.Farms, 1936: 5,192 for 7,414.

164 All-industry total, 1936: 10,062 for 12,284. Agricul-ture, forestry, and fisheries, 1936: 3,913 for 6,135.Farms, 1936: 3,868 for 6,090.

170 Services—amusement and recreation, except motionpictures, 1932: -30 for -3.

174 Manufacturing—Furniture and finished lumber prod-ucts, 1933: -26 for -24. Manufacturing—Printing,publishing, and allied industries, 1933: -9 for -11.Services—Hotels and other lodging places, 1929: -7for -5. Services—Amusement and recreation, exceptmotion pictures, 1929: -10 for -12.

i lew or STATISTICAL SERIES

Department-Store Stocks—United States: Revised Series for Page S—10 J

[1947-49-100]

Month

January _FebruaryMarchAprilMay .. __ _ _June

JulyAugust _ ___SeptemberOctober.NovemberDecember _ _

Year

JanuaryFebruary . .MarchApril. _ .MayJune

JulyAugust-.SeptemberOctoberNovemberDecember

1919 1920 1921 1922 1923 1924 1925 1926 1927 1928 1929 1930 1931 1932 1933 1934 1935 1936 1937 1938 1939 1940 1941 1942 1943 1944 1945 1946 1947 1948 1949 1950

WITHOUT ADJUSTMENT FOR SEASONAL VARIATION

303234343433

343842454640

37

404449504948

474954555241

48

373841424140

394i45464739

41

373943434139

384044454739

41

39

46474644

434550525344

46

343433333434

363839414244

45474b494949

505050494744

414040414141

424242424242

414242414141

414141414242

434445454546

464747474747

424549504945

444549535244

47

474748484847

474747474747

434549504846

454751535545

48

484748484748

484948484849

444650514947

44465154

45

48

434650504946

454751

5545

48

434650504846

444649535545

48

434649494845

444649535444

48

414447484643

414145484940

44

3841414038

353640424234

39

313335343331

282830323327

31

252627

2727

273035373730

29

283032333230

283d'61343629

31

272932323230

283033363730

31

293133343331

%36394033

33

333640414038

363842444435

39

323436373633

323336384032

35

313336363634

323438414333

35

oo3638393835

343640434536

38

3538

424341

J?53606148

46

475360667070

697070696551

63

504851515152

556063636151

55

515557575857

576263656248

58

495255596263

636566666449

59

635762677274

81869097

10185

77

859196959286

848994

10410889

93

93103112114110103

10110611211812296

107

9298

10510510295

9194

10111011390

100

9199

108110108100

96106120135139110

110

ADJUSTED FOR SEASONAL VARIATION

494949494849

484848484848

484849484848

494949494948

494848484848

484847484»48

484848474747

484847484747

464646464545

444343434242

414040403939

39383H373636

353534333332

313029292928

282726262628

293133333231

313231323231

313131313131

313131313131

313131323232

323232333H33

333434353536

373839393940

4040403938

363535353535

35353534

35

353535353535

353536363736

373838373837

373737383939

404041424243

454749535454

545861656971

706764616059

575352515153

555657565759

596059

57

565857585756

565757596163

626060595957

606164677275

808285879196

959594929190

899090939699

103106108i09108108

109110109106107106

102100101100100100

999898

10099

100

101102103104105105

105110116121122122

1 Compiled by the Board of Governors of the Federal Reserve System.December 1951 Federal Reserve Bulletin.

Revisions reflect use of new base period and other major adjustments; for details regarding the revisions, see the

Department Stores—Accounts Receivable, End of Month: Revised Series for Page S—10 1

11947-49=1001

Month

JanuaryFebruaryMarchAprilMavJune

JulyAugustSeptember . _ _ _ _ _OctoberNovemberDecember

Average . _ _ _ _

JanuaryFebruaryMarchApril _MayJune

JulvAugust _ _. - _SeptemberOctoberNovember _ _ . . _ . - _December

Average

1941

544747505150

444956585873

53

757372747474

737779797983

76

1942

625556575244

343440434458

48

74

S3535048474749

60

1943

444141414040

343339434758

42

444239373432

302929303337

35

1944

433842424341

35

43485468

44

333131292826

252525273135

29

1945 1946 1947 ; 1948

C H A R G E ACCOUNTS

514451474647

404045526076

50

575360666870

6367768293

118

73

93 10881 9585 10086 10188 i 10187 101

77 ! 8877 8788 9995 109

108 116139 149

92 105

1949 : 1950i

1169995

10010199

868596

101112151

103

11810198

101103102

97101111114123166

111

1951

142125120in;118115

10.1103113122136177

124

INSTALMENT ACCOUNTS

33313028

26

242425273136

28

343333343434

343638414757

38

56 9756 9457 9860 10062 10262 ! 103

63 10563 10966 11572 11884 i 121

103 133

67 i 108j

123119116115116116

114118125133144162

125

159157159161165166

175183195197197210

177

20419919418617<s171

163162166172182197

181

i Compiled by the Board of Governors of the Federal Reserve System. The data have been revised to a new base period.

Wontki* BUSINESS STATISTICSX HE STATISTICS here are a continuation of the data published in BUSINESS STATISTICS, the 1951 Statistical Supplement to the SURVEY

OF CURRENT BUSINESS. That volume (price $1.50) contains monthly data for the years 1947 to 1950, 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 1947. Seriesadded or revised since publication of the 1951 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.

Monthly averages for 1951 are shown in the March 1952 Survey of Current Business. Data subsequent to May 1952 for selectedseries will be found in the Weekly Supplement to the Survey.

Unless otherwise stated, statistics through1950 and descriptive notes are shown in the1951 Statistical Supplement to the Survey

1951

May June July August Septem-ber October Novem-

berDecem-

ber

1952

January Febru-ary March April May

GENERAL BUSINESS INDICATORS

NATIONAL INCOME AND PRODUCT f

Seasonally adjusted quarterly totals at annual rates:National income, total bil. of doL_

Compensation of employees, total do\\r<i°'es and salaries total do

Private doMilitary doGovernment civilian do

Supplements to wages and salaries doProprietors' and rental income total cf do

Business and professionalcf doKarm doRental income of persons do

Corporate profits and inventory valuation ad-iustment total bil of dol

Corporate profits before tax, total doCorporate profits tax liability doCorporate profits after tax do

Net interest do

Gross national product total doPersonal consumption expenditures total do

Durable goods doNondurable Roods doServices do

Gross private domestic investment doNew construction doProducers' durable equipment doChange in business inventories do

Net foreign investment doGovernment purchases of goods and services,

total bil of dolFederal (less Government sales) doState and local do

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

PERSONAL INCOME, BY SOURCEf

Seasonally adjusted, at annual rates:Total personal income bil of dol

Wage and salary disbursements, total doCommodity-producing industries. do _Distributive industries doService industries doGovernment, ... _ _ ... do

Wage and salary receipts, total 9 do ...Other labor income do __.Proprietors' and rental income _ _doPersonal interest income and dividends.. doTransfer pavments doLess personal contributions for social insurance©

bil. of dol..

Total nonagricultural income do__ .

NEW PLANT AND EQUIPMENTEXPENDITURES

All industries, quarterly total! mil. of dolManufacturing \ doMining doRailroad . _ do _Other transportation. _ _ . _ do ._Electric and gas utilities _ _ doCommercial and miscellaneous do

' 251. 4r 168.975.145. 520.328.0

M65.3'4 .249.020.312 6

'3.6T 232. 5

r 274. 8' 178. 2T 169. 3'141.2

'8.5r 19.6

r 9.0T 49.0' 26. 0r 14.4

r8. 5

'41.2r 43. 3r 24. 5r 18 8

r —2. 1r6. 4

r 329 3' 204. 5' 26. 3

r 111 3r 66. 9r 65. 2r 23. 5T 25. 4r 16 3r — . 2T 59.8f 38 3oo. or 21 6

f 251 9'28.7

r 223 2'18.7

' 254. 3'171.6' 75. 4' 47. 0'20.4

28.8r 168. 2

r 4.2'48.8'20.4'12.7

'3.4

' 235. 4

5,9132,802

203412136893

1,467

' 254. 5r 170. 7

75. 046. 320.429.0

'167.3' 4 .250.120.412.5

'3.4

••234.0

' 280. 2..! ' 1*1.0

T 172. 1! T My 0

' 256. 7r 171.2

'74.8* 46. 5' 20. 4' 29. 5

' 167. 9'4 .2

'51.5'20.5'12.6

'3.3

'235.5

!

-. _

'9.1' 21. 0

8.9' 50.8' 26. 0' 15.8'9.1

'41.9' 38. 6'21.8' 16. 9'3 2'6.5

r 330. 9' 206. 4' 25 5

' 113. 2' 67. 6' 56. 2'22.4'24.9'8.9r 1.1

'67.3'45.5'21. 7

' 256. 1' 29. 0

' 227. 1' 20. 7

' 257. 3r 172. 1

r 46. ,'i' 20. 4' 29. 7' 168. 8

• •4 .2'50.9'21.0' 12. 4

'3.3

' 236. 4

5,8442,841

199377120933

1,374

'261.7r 1 74. 0'75.9' 46. 5r 20. 7f 30. 9

' 170.5'4.3

'53.420.8

'12.7

' 3. 5

' 239. 1

' 260. 9M74.8

75.846.520. 831.7

r 171.3'4 .252. 520.512.4

'3.5

' 239. 5

|

' 285. 6' 1*3. 4' 174.3' 143. 8

'9.6' 20. 9' 9. 1

' 53. 1' 26. 6'17.0'9.4

42.5'39.5'22.2' 17.3'3 0r6. 6

' 337. 1' 210. 5' 25 3

'116.2'69.0'52.9'22.4'24.7'5.8'2.6

' 71.2'48.9' 22. 3

r 262 0' 30. 4

' 231 5' 21. 1

' 263. 4' 176.0

46. 720.831.0

'172.fir 4. 353. 321.112.1

' 3. 4

' 240. 7

6,6723 335

j ! 911

~ ~ : I

' !

449130998

1, 549

' 263. 4' 176.7

77.347.120.831.5

' 173. 1'4.353. 420.112.8

'3.9

' 241. 7

' 263. 5' 178. 0'78.2'47.1

20.9'31.8

'174.5'4.3

'52.1' 20. 5'12.4

'3.8

' 243. 4

' 186. 5' 177.4' 145 8

9.0'52.1'27.3' 15.4

r9. 4

1'6.7

'339 4' 213. 2' 25 2

' 118 0' 70.0'50.0' 23. 7' 25.7' 6

r 1.9

' 74.4' 51. 6'23 2

' 263 0' 32. 5

'230 5'17.3

' 261. 9r 177. 3

' 4 7 ^ 020.8

'31.8'173.9

r 4 v' 50! 7'21.0'12.4

'3.S

' 242. 7

5, 5522,742

18827ft134761

1,351

i

' 262. 5'176.7' 76. 9' 47. 0

21.0'31.8

'173.4'4.4

'51.2' 21 . 5'12.3

'3.6

' 242. 9

263.4177. 176.247.421. 332.2

173.84.4

51. 521. 512.5

3.6

243. 9

i 6, 356i 3, 251

i 217i 406i 161i 934

i 1, 387•Revised. i Estimates for April-June based on anticipated capital expenditures of business; those for July-September are shown on p. 7 of the June 1952 SURVEY.

tRcvised series. Quarterly estimates of national income and product and quarterly and monthly estimates of personal income have been revised beginning 1949; see pp. 29-31 of this SURVEYfor the data. (Încludes inventory valuation adjustment. §Personal saving is excess of disposable income over personal consumption expenditures shown as a component of gross nationalproduct above. 9 Derived by deducting employee contributions for social insurance from total wage and salary disbursements. O Data through 1951 represent employee contributionsonly; thereafter, personal contributions of self-employed persons are also included. J Re vised beginning 1945. For revised annual data for 1945-51, see p. 5 of the January 1952 SURVEY; andfor quarterly data beginning 1947 for manufacturing, p. 20 of the December 1951 issue.

S-l

S-2 SURVEY OF CURRENT BUSINESS July 1952


1951


berDecem-

ber

1952


GENERAL BUSINESS INDICATORS—Continued

FARM INCOME AND MARKETINGS*

Cash receipts from farming, including Governmentpayments, total mil. of dol_-

Farm marketings and CCC loans, total doCrops do ._Livestock and products, total. _ _ do __

Dairy products doMeat animals - _ do _ _ _Poultry and eggs do

Indexes of cash receipts from marketings and CCCloans, unadjusted:

All commodities 1935-39=100..Crops doLivestock and products do

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

Crops doLivestock and products do

INDUSTRIAL PRODUCTION

Federal Reserve Index

Unadjusted, combined index 1935-39=100..

Manufactures _ . do

Durable manufactures . doIron and steel __ do ...Lumber and products do

Furniture do ...Lumber do

Machinery - do . _Nonferrous metals and products do

Fabricating __ _ do _ _Smelting and refining do

Stone, clay, and glass products doCement _ do _ _Clay products doGlass containers do _ . .

Transportation equipment __.do ...Automobiles (incl parts) . do

Nondurable manufactures doAlcoholic beverages . do _ _ .Chemical products do

Industrial chemicals __ . do __Leather and products do

Leather tanning doShoes _ . . _ _ do __

Manufactured food products doDairy products .. . ... doMeat packing doProcessed fruits and vegetables do

Paper and products doPaper and pulp . _ do ._

Petroleum and coal products doCoke .. . do....Gasoline do _.

Printing and publishing doRubber products do _ _ .Textiles and products do ..

Cotton consumption doRayon deliveries __do _Wool textiles do _ _

Tobacco products do

Minerals doFuels . . . do ...

Anthracite doBituminous coal doCrude petroleum do ...

Metals do _

Adjusted, combined indexd" do

Manufactures do _

Durable manufactures doLumber and products. _ „ . _ do _ _

Lumber doNonferrous metals . do . . .

Smelting and refining doStone, clay, and glass products do _ _

Cement doClay products . do , . _Glass containers do

Nondurable manufactures doAlcoholic beverages _ __ doChemical products doLeather and products do _ _ .

Leather tanning ... do _Manufactured food products do _

Dairy products. .. _ do._ .Meat packing doProcessed fruits and vegetables do

2,1532,120

4361,684

438871309

319153444

11757

163

223

233

277263168173165336206197227

242242184275310248

1971802985389788

103159196149108

212201263186207179247190164377144172

16816883

126192166

222

233

276163158206227236231184257

1981792989788

167148149166

2,1692,143

6061,537

437753296

323214405

12384

152

223

232

276261164164163338205197225

241251184266307238

1971913005489886

106165221144123

209199263187212170251185157378137178

16916986

133191171

221

231

274153147205226239235184269

1971783029989

165150145160

2,6522,6411,0851,556

408833285

398384410

151153148

214

223

266253151160146328199188225

239248179273293216

188190301554837192

176221141191

189182262183211155243160123379100167

16116066

105192166

212

222

265141131199226237226177285

1871753058575

164150152147

2,9922,9851,3151,670

393960295

450465440

168186154

220

229

269254158165154328197191213

238251182259305223

1971793035579880

110189215139263

196189265187213166243170145360115190

17017177

134194167

217

226

267146137197213228222176249

1931783069981

166148162139

3,3953,3871, 6421,745

3481,058

325

511580459

184218158

223

232

273258158167153336197190214

237254180251311226

19919330356010083

111192169149297

196191266185214180245163142334114188

171172

79137195166

218

228

271146135196214228219173246

19218430110084

167143168152

4, 3554,3452,2942, 051

3411,350

348

655811540

219273178

222

230

276261158171151340201190230

230252182228311223

193197303556918098

177128156210

196191269185212181239154140293114191

176179104147199163

218

226

274149138201230219217172222

1881782989180

163140157163

3,6003,5831,7651,818

3161,097

397

541624479

180192172

220

229

277261155172146347209198236

217237179206313216

191178304563918197

16498

188111

191187276185214183245157144289120198

16917899

152196115

219

228

277157149209235212219173204

1881882998978

160137168121

3,1153,0971 5301 567

337868356

467541412

160168155

217

227

280263141178122358207196235

212220177201320221

185154302563887994

15895

19596

183181281185215178250152136283118137

15917086

13519389

218

228

282154141207235219242172216

1851762988879

16013616312,3

2,6422,6191 1111 508

330924243

395393397

1451371^1

217

227

T 280261142175125359216206243

205188169219318218

18414530256210086

11015186

19383

187185281188211170248157144296116176

162175

Ql14719488

221

231

282159150216243217233182223

18917430010086

162137162128

2,0432,010

6381,372

330809227

303226361

11582

140

218T 229r 281r 261

148' 176

133r 360

217204249

r 208196168232

r322r 219

186152

r 300' 562

10996

11814997

17584

194190281188212175243160150

r 295122167

16217477

13519991

222

232

r 284162154217249224257177239

190171

r 99710790

165j 138

182r 133

2,1222,079

6281,451

369817254

314222382

11976

151

217

"•228

'283'263

149175135

'359218204252

'211200

r 168239

'325'221

18415529856310886

12214811616583

192r 188r 278

204210180

r 244152141288112164

15817068

122199

r 90

r 221

r 231

r 284158149218252222244176239

18817029410886

'166142179isn

2,1002,053

5711,482

389812262

310202390

11664

155

'215

'224

r 277245

'152'170

143'352'219'204'257

'216226

'167242

'329'229

181155

' 296'561

10284

114'149

152152'88

186181

r 266179205' 180'237' 144

130'280

108174

' 165'171

74119

'201' 131

216

925

277152143219

220238

r 179242

'183157

r 29310284

'163146165

r 1A4

2,1382,104

5571, 547

433804271

317197407

12267

164

P2U

P22S

"276?245» 145^167

133^348*217?201* 257

v 224241

P168260

?334P233

v 179158

*>294'500

v 151197147

»85

182175

T> 203

p 174v 234p 149

135289

178

•p jg3•P 163

73107

P 161

p 9J4

P 223

P 276p 141

128p 217P 257P 21 x

230P 168

243

p ign

150P 294

P 157

148I A(\

1 P Tilr Revised. •*> Preliminary.JData through 1950 have been revised to incorporate changes in methods of estimation (notably for truck crops) and to reflect revisions of production, disposition, or price.

extending back to 1910 in some instances, are shown on p. 23 of the December 1951 SURVEY.cT Seasonal factors for a number of industries were fixed at 100 during 1932-42; data for these industries are shown only in the unadjusted series.

Revisions'

July 1952 SUEVEY OF CURRENT BUSINESS S-3

Unless otherwise slated, statistics through1950 and descriptive notes are shown in the1951 Statistical Supplement to the Survey

1951


berDecem-

ber

1952



INDUSTRIAL PRODUCTION— Continued

Federal Reserve Index — Continued

Adjusted d"— ContinuedManufactures— Continued

Nondurable manufactures — ContinuedPaper and products. . _ 1935-39=100

Paper and pulp doPrinting and publishing doTobacco products do

Minerals doMetals do

BUSINESS SALES AND INVENTORIES§ f

Business sales (adjusted), total mil. of dolManufacturing, total do

Durable-goods industries doNondurable-goods industries. _ _ _ _ do ._

Wholesale trade, total doDurable-goods establishments -do__ -Nondurable-goods establishments do

Retail trade, total _ _ __ doDurable-goods stores, _ _ doN ondurable-goods stores _do

Business inventories, book value, end of month(adjusted), total _ mil. of dol

Manufacturing, totaL . .. - 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

MANUFACTURERS' SALES, INVENTORIES,AND ORDERSf

Sales:Value (unadjusted), total __ __ _ _mil. of dol

Durable-goods industries doNondurable-goods industries do

Value (adjusted), total doDurable-goods industries, total do

Primary metals . _ _ _ . do __.Fabricated metal products doElectrical machinery and equipment., doMachinery, except electrical doMotor vehicles and equipment do. _.Transportation equipment, n. e. s. doFurniture and fixtures __doLumber products, except furniture doStone, clay, and glass products do _.Professional and scientific instruments- doOther industries, including ordnance .do

Nondurable-goods industries, total do __Food and kindred products _ doBeverages _ _ doTobacco manufactures doTextile-mill products doApparel and related products . _ do__ _Leather and leather products doPaper and allied products doPrinting and publishing doChemicals and allied products _ _ __doPetroleum and coal products doRubber products _ do

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

Durable-goods industries doNondurable-goods industries __ __ _ do

By stages of fabrication: $Purchased materials _ do _Goods in process doFinished goods do

Book value (adjusted), total do_ _Durable-goods industries, total do

Primary metals doFabricated metal products do_ _.Electrical machinery and equipment—doMachinerv, except electrical __ _ _ do_ _ _Motor vehicles and equipment doTransportation equipment, n. e. s doFurniture and fixtures doLumber products, except furniture doStone, clay, and glass products do_ _ _Professional and scientific instruments- doOther industries, including ordnance. ..do

212200176172

165151

44, 72823, 43411, 15012, 2838,8832,8925,991

12, 4114,2728,139

68, 98138, 06818, 92319. 14510, 2704,8805, 390

20, 6439,684

10, 959

22, 60310, 82711, 776

23, 43411,1502,1581,1841,0441,8011,872

478336775584257661

12, 2833,431

574288

1,432792307711786

1,6431,887

432

38, 26219, 17819, 084

15,8089,758

12, 696

38, 06818,9232,3241.9622,3384,2862,3361,367

612990762596

1,351

208198171171

165145

43, 05222, 13310, 38311, 7508,6792,7895, 890

12, 2404,1868,054

69, 44239, 00919, 59819,41210, 1514,8875,264

20,2829.562

10, 720

21,91210, 56711,345

22, 13310, 3832,0541,0641,0001,7601,734

449292713548225544

11, 7503,151

599272

1,279841315686748

1,5431,884

433

39. 08519, 74019, 344

16, 0109,823

13, 252

39, 00919, 5982,3532, 0562,4654.4102,3901, 473

6011,008

801635

1,406

190183166161

156132

41, 69121, 249

9, 06611,5838, 3842,6245, 760

12. 0583,9678,091

70, 26839, 90820, 30419, 60510, 3155,0455,270

20, 0459,494

10, 551

19, 6018,820

10, 781

21, 2499,6661,9741,026

8701,7081,467

495244623508232519

11,5833,032

591278

1,182940298637740

1,5351,912

438

39, 84020, 38319, 457

16, 12810, 18013, 533

39, 90820, 304

2,4262,1332,5744,5092,4551,657

5881,017

837649

1,458

196189174183

165134

42, 93021, 67710, 02811, 6508,8242,7706, 054

12, 4294, 1338,296

70, 12440, 62120, 97119, 65010, 0744, 9615, 113

19, 4299,154

10, 275

22, 45810, 26912,189

21, 67710, 028

1,872977

1,0561,7281,648

521278658540223526

11, 6502,946

658290

1,164854315692755

1, 4802,023

467

40, 28320, 88619, 396

16, 05210, 18614, 045

40, 62120, 971

2,5082,2782,6844,6672,4801.757

5681,031

837681

1,483

197192179177

167137

41, 21520, 591

9, 50811,0838,3662,6865, 680

12, 2584, 1388,120

69, 96541,13221,41319, 71910, 0724,9185,154

18, 7618,693

10, 068

21, 5449.937

11,607

20, 5919, 5081,740

9731,0321,6801,471

508264590495204549

11,0832,956

508269

1,086696257663779

1,4312,000

435

40, 62421, 27019, 354

15, 83610, 56114, 227

41, 13221,4132,6022,3762, 7064, 7702,5211,879

5711,018

836690

1,443

196191177185

174144

44, 17522, 46310, 66011,803

9, 1612,8426,319

12, 5514,1898,362

70, 06841,42421,81719, 60810, 0994,9265,173

18, 5458,6799,866

24, 07211.45112, 621

22, 46310, 6601.9321,1711,0771,9781,579

542284697534230637

11,8033, 156

503339

1,167782265695837

1,5112,102

445

40, 95821, 58519, 373

16, 24310,68214, 033

41, 42421,817

2, 6642,4392,7364,8732,6331,960

5521,036

829701

1,393

191187175194

170122

43, 64822,21410, 73211, 4828,9422,7186,224

12, 4924, 0368,456

69, 98841, 67622, 20519, 47010, 0354,8385,197

18, 2808, 3859,895

22, 24010, 58811, 653

22. 21410, 732

1, 9571,1881,0902,0951,627

587289618526232523

11,4823, 080

551290

1.066787206658829

1,4862,092

438

41,35321 , 92419, 430

16, 38810, 73514, 230

41, 67622, 2052,6872,4312,7684,9952,7312,098

5421,051

810713

1,379

184182174147

163122

41, 60920, 7619,786

10, 9758, 5302,4876,043

12, 3183,9188,400

70, 10742, 01422, 67519, 33910, 000

4, 7935,207

18, 0938,2189,875

20, 8109,939

10,871

20, 7619,7861,8531,0761,0341,9261.356

610242587418222462

10, 9752,979

582288

1,110727208601782

1,4081,927

363

42, 04722, 44519, 602

16, 66910, 92414,453

42, 01422, 6752,7782,4382,8705,1122,7002,176

5201,092

841718

1,428

187185175176

167125

43, 98922, 48410, 94111,5428,8552,5866,269

12, 6504,1508,500

70, 21942, 20622, 97619, 2309,9524,8345,118

18, 0618,1979,864

22, 03910, 47311,566

22, 48410, 941

1. 9441,2381,0602,2321,602

624240666499288549

11, 5423,012

586325

1,139768203691875

1,5181,958

468

42, 47022, 85219, 618

16, 49111, 22814,751

42, 20622, 9762,8072,4102,9155,1872, 7202,282

5391,086

868724

1,437

193189177175

167128

45, 14423, 33411, 49311, 8418,9482, 6966,252

12, 8624,3908,472

69, 89942, 19223, 03719, 1559,7264,7225,004

17, 9808,1609,820

22, 13710, 76011, 378

23, 3-H11, 4931,9851,2241,1212,3161,675

697273736551284632

11, 8413,166

549317

1,151783218672856

1.5982,089••442

42, 58323, 09819, 485

16, 28311, 58114, 720

42, 19223, 0372,8192,4182,9485,2442,6752,320

5351,077

878719

1,404

192188177174

' 164

125

' 42, 62721, 91410, 74311,171'8,314

2,495'5,81912, 3994,0838,316

69, 97242, 33223,20919, 1229,7534,7205,033

17, 8878,0759,812

22, 94911,36311, 586

21,91410, 7431,8761,1301,0802,1361,673

643278679486253508

11,1712,939

604292

1,082704193631820

1,5101,989

407

42, 789, 23, 446

19, 344

'16,119'11,870' 14, 800

42, 33223, 2092,8162,4692,9775,2782,6632, 368

5251,078

915703

r 1,416

185181175184

r 166'141

' 44, 807' 23, 324'11,407'11,917' 8, 772

2,742' 6, 030

'12,711' 4, 286'8,425

' 70, 185' 42, 513' 23, 387' 19, 126' 9, 662

4,745' 4, 917

'18,010' 8, 208' 9, 802

' 22, 761'11,349' 11, 412

' 23, 324'11,407

1,9221,2101,0672,2171,792'702'285'849

474'298'590

'11,917' 3, 144

'649'326

r 1, 220'799

208"610'898

' 1, 556' 2, 069

438

' 42, 683' 23, 593' 19, 090

'15,889'11,918' 14, 876

' 42, 513' 23, 387' 2, 825' 2, 438' 3, 025' 5, 345' 2, 670' 2, 420

535' 1, 060

930'708

' 1, 431

182175170178

P161* 147

44, 53223, 00711,34511, 6628,4222,6775, 745

13, 1034,5808,523

69, 99642, 45823, 47418, 9859,4784,6954,783

18,0608,0789,982

22, 25111,03911,212

23, 00711, 3451, 8431,1781,0992,1761,887

740299744509281590

11,6623,180

679311

1,140743220607876

1,5521,916

42, 67123, 79618, 875

15,74812, 03814, 885

42, 45823, 474

2,8472,4173,0265, 3252.7162,457

5441,060

935716

1,430

' Revised. » Preliminary. cf'Seenote marked "cf" on p. S-2.§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. Unadjusted

data for manufacturing are shown below on pp. S-3 and S-4; those for retail and wholesale trade, on pp. S-8, S-9, and S-10.t Revised series. All components of business sales, inventories, and orders have been revised; for appropriate explanations of changes and data through 1950 (except figures beginning 1948

for retail sales and beginning 1946 for the indicated orders series, which have been further revised and are available upon request), see pp. 15-24 of the October 1951 SURVEY. Manufacturers'sales, inventories, and orders (except as noted) have been revised beginning 1948, wholesale trade beginning 1939, and retail trade beginning 1940; moreover, the adoption of revised industry defi-nitions for manufacturing beginning with the 1948 data results in discontinuity of industry figures for earlier periods.

9 Data beginning December 1947 are shown on p. 7 of the March 1952 SURVEY.

S-4 SURVEY OF CURRENT BUSINESS July


1951


berDecem-

ber January Febru-ary

1952

March April May


MANUFACTURERS' SALES, INVENTORIES,AND ORDERSf— Continued

Inventories, end of month — Continued.Book value (adjusted)— Continued

Nondurable-goods industries, total. .mil. of dol_.Food and kindred products doBeverages doTobacco manufactures doTextile-mill products doApparel and related products doLeather and leather products . doPaper and allied products doPrinting and publishing _ doChemicals and allied products doPetroleum and coal products doRubber products do

New orders, net (unadjusted), totalj doDurable-goods industries, totalj do

Primary metals . __ do. __Fabricated metal products doFlectrical machinery and equipment doMachinery except electrical _ _ _ _ _ do_Transportation equipment, including motor

vehicles and partst mil. of dolOther industries, including ordnancet do

Nondurable-goods industries, total _ _ _ do ~-

Unfilled orders (unadjusted), totalt do. _ _Durable-goods industries, totalj do

Primary metals doFabricated metal products _ _ d oElectrical machinery and equipment doMachinery except electrical doTransportation equipment, including motor

vehicles and partst mil. of dolOther industries, including ordnance! do. _ .

Nondurable-goods industries total do

19, 1453,5801,2541,6523,1371,667

677855681

2, 6992,360

583

23, 58212, 4062,1561.1681,2462,308

3, 1982,331

11, 176

58, 48851, 7348, 6505, 8945, 541

10, 178

15,0706,4006,755

19, 4123, 5421,2541,6423,2141,687

691887694

2,7712,420

610

24, 05413, 2571,9661, 0551,4532,291

4,3492,143

10. 797

60, 29054, 0838,5695, 8426,008

10, 144

17, 2206,2996,206

19, 6053,5541,2091,6563 2221,746

652917702

2,8502,481

616

22, 55612, 2352,083

9641,2842,259

3,3402,305

10, 321

62, 77557, 029

8,9195,8826, 530

10, 803

18, 6796,2165,746

19,6503,6191,1611,6683,1901,686

622924711

2,9062,523

640

22, 96211,0322,0271,0531, 0642,180

2,3282,380

11,930

63, 17757, 7929,0005,8146, 599

11,251

18, 9166,2125, 385

19, 7193,5461,2011,7123,1301,644

637936711

2,9702,574

659

21, 53610, 3441,5761,2081,2071,745

2,3962,213

11, 192

63, 16958, 1998,7685, 9266,776

11,304

19, 2996,1274,970

19, 6083,5451, 2001,7663,0481,498

607942711

3,0042,582

705

24, 28911,9562,4451,2521,1881,966

2,6122,494

12, 332

63, 38658, 7059, 1685,8816,809

11, 242

19, 6635,9414,681

19, 4703, 4651 2041,8242 9111,445

594959733

3, 0302, 566

739

22, 62711,0311, 5591, 1251,2121,981

3,151r 2, 00411.596

63, 77259, 1488,7745, 8346,898

11,313

20, 6525, 6774,624

19, 3393 3861 1931 8362 8141,446

5671,005

7573,0002,535

799

20 76710 3121,876r 951

1,4541,906

2,6051, 521

10, 455

63, 72959, 5228,7255, 7307,197

11, 281

21, 2215,3684,208

19, 2303 3761 1681 7952 7741 446

5731 022

7533, 0052 522

797

22 56511 2872,0281 2801,1112,180

2,4752 213

11,278

64, 25660, 3368,7755,8827,291

11 380

21, 5445, 4643 920

19, 1553,4511 2241,7702 6701,384

5461 051

7602,9962,500r 804

22 07110 8761,6691 1741,3412,134

2,4272,132

11, 195

64, 18960, 4528, 5325,9477,538

11, 328

21, 7065,4003,737

19,1223,4381 2491,7662 5701,332

5511,056'759

3,0372, 545

820

23 13311 7121,8021 0511,9381,964

2,7662,190

11,422

64, 37360, 8018, 3425,8438,318

10, 980

22, 0025,3173,572

r 19, 126r 3, 435T 1 244r 1, 776r 2 586r 1, 263

543r 1,0*7

T 753r 3, 038r 2, 570

832

»• 23 113r 11, 893' 2, 015r 1 167r 1, 206f 2, 013

' 3, 034r 2, 458

r 11, 220

' 64, 725' fil. 345

* 8, 536' 5, 860*• 8, 432

r 10, 691

' 22, 4955, 330

f 3, 380

18, 9853,4171,2461.7932 5081,284

5281,071

7293,0332,544

21, 79710, 6501, 616

9781,0881,849

2,9732, 145

11, 146

64, 27160, 9568,3885, 7248,477

10, 284

22, 9525,1323,315

BUSINESS POPULATION

OPERATING BUSINESSES AND BUSINESSTURN-OVER

Operating businesses end of quarter total thous..Contra/ct construction doManufacturing doService industries doRetail trade doW^holosile trado do4.11 other do

New businesses quarterly total doContract construction _ doManufacturing doService industries - do. _Retail trade doWholesale trade do_ _ _A 11 other do

Discontinued businesses quarterly total doContract construction doManufacturing do

Retail trade do"Wholesale trade doAll other do

Business transfer" quarterly total § do

BUSINESS INCORPORATION Scf

New incorporations (48 States^ number

INDUSTRIAL AND COMMERCIALFAILURES^

Failures, total _ ._ _ _ _ .number _.Commercial service doConstruction doManufacturing and mining doRetail trade doWholesale trade do

Liabilities, total _ thous. of dol -Commercial service doConstruction do_Manufacturing and mining _ _ doRetail trade doWholesale trade - do

7,544

7556494

12838584

23, 5041.8714,6555,4977,4873,994

4, 016. 4377.5308. 0858.3

1, 673. 7207.5591.5

109.919.412.919.238.34.5

15.5

101.014.211.618.141.53.7

11.9

102.4

6,810

6994371

129390

66

22, 7731,0063, 0855,0147,4346,234

6,428

6655574

130340

66

21, 0881,3982,6667,7904,7784,456

_ . .

6 496

6785689

136333

64

26, 4171,3584,290

10, 4976, 1734,099

4, 012. 1379.0305.3858.0

1,668.4207 6593.7

91.414.99.2

16.533 73.7

13.4

95 713.311 816 839 03 5

11 2

102 4

5,9.50

6203984

15027770

26, 643782

4,66814, 9084,8261,459

6,812

6435785

15030447

29, 7422,0441,937

12, 2196,7076,835

6,289

5874868

10630758

17, 567952

3,7406,1584,3692,348

6, 913

6124871

13129666

19,4031.8742,2516.5155,1773,586

8,357

6715068

14334862

26, 2084,2492,6728, 3657,7613,161

7, 138

6195270

13330460

19, 4741,6491,9355,6146,5483,728

7,902

7155572

148371

69

29, 2324,5632.485

13, 0466,9052,233

8,284

7805893

17137583

29. 5301,7443. 853

12. 6337, 0504,250

7. 915

6386075

11133359

21, 19-31,2192,646

10, 2175,2641,847

fRevised series. See corresponding note on p. S-3.

nondurable-goods industries appear on p. t> 01 tne June iyo_; SURVEY.§Revisions for 1944—1st quarter 1951 appear in corresponding note in June 1952 SURVEY.

cf Data are from Dun & Bradstreet, Inc.and total and total durable-goods industries, June-September 1950;

Monthly data, 1939-45, for the grand totals and for total durable-



1951


berDecem-

ber

1952


COMMODITY PRICES

PRICES RECEIVED AND PAID BY FARMERS

Prices received, all farm products§ 1910-14=100.-Crops _ - _ _ _ _ _ do

Food grains doFeed grains and hay doTobacco doCotton _ _ _ . - - d oFruit doTruck crops doOil-bearing crops do

Livestock and products doMeat animals _ __do.Dairy products doPoultry and eggs do__ _

Prices paid:All commodities 1910-14=100

Commodities used in living doCommodities used in production .do. .

All commodities, interest, taxes, and wage rates191 0-14= 100. _

Parity ratio? . . _.do

RETAIL PRICES

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

Coal (U. S. Department of Labor indexes):!Anthracite, chestnut _ 1935-39=100Bituminous, all sizes . .. _..do

Consumers' price index (U. S. Dept. of Labor):All items- - ... ... 1935-39 =100. _

Apparel do. ..Food _ do

Cereals and bakery products doDairy products doFruits and vegetables doMeats, poultry, and fish do

Fuel, electricity, and refrigeration do-Gas and electricity doOther fuels do_

Housefurnishings doRent doMiscellaneous do

WHOLESALE PRICES^

U.S. Department of Labor indexes (revised):!All commodities 1947-49—100

Farm products doFruits 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

1947-49=100--Meats, poultry, and fish do

Commodities other than farm products andfoods 1947-49—100

Chemicals and allied products doChemicals, industrial doDrugs, Pharmaceuticals, cosmetics... doFats and oils, inedible doFertilizer materials doPaint and paint materials _ do_.

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

Furniture and other household durables1947-49=100-

Appliances, household doFurniture, household do. - -Radios, television, and phonographs- _do_ _

Hides, skins, and leather products do_Footwear doHides and skins doLeather do

Lumber and wood products . _ -doLumber do

Machinery and motive products doAgricultural machinery and equip..._doConstruction machinery and equip.. .doElectrical machinery and equipment, .doMotor vehicles do_ .

305271244223438357194239380335418270221

272270274

282

108

206.5

185.4204.0227.4188.2203. 5221.6272.8143.697.3

202.4212.6135.4165.0

115.9

115. 7103. 898.3

119.8

112.3106. 8106. 5

105. 8118. 1

116.8111.3121. 295. 6

103. 6105. 3109.5

106.2107 898 098. 2

110.2

115.3107. 9117.492.6

126.2122.9130. 3137 4

126. 1126 0

118. 6120.3123. 6121.8112.1

301263240217438353200189358335422269217

r271270273

282

107

206.4

207.3201.8

185.2204.0226. 9188.4203.9219.9271.6143. 697.1

202. 821 2. 5135. 7164. 8

115. 1

113.994.294.7

119.9

111.3106. 2106. 5

104. 4117.2

116.2110.2120.995.788. 5

103.5108.7

106.3108 19X 097 2

110 4

1 1 5. 0108. 1116.592. 6

124.7122. 6129. 4132 6

124 6124 2

1 18. 6120. 3123. 6121.8112.2

294252236213438329175204317332414272222

271270273

282

104

206.6

185 5203.3227 7189 0205 1218 5273 2144 097 2

203 7212 4136 2165 0

114 2

111 190.894 3

118 6

110 7106 9106. 7

103. 5116 8

115 7108 8120 495.670.0

107. 1107 8

106.5107 298 5Q7 5

110 8

114. 4107. 6115.993. 6

122. 3122. 1124. 0127 7

123 519'} 0

1 18. 8120. 1123. 7122.21 1 2. 5

292244234215430291207181294336416277231

271270273

282

104

206.1

185 5203. 6227 0188 7205 9208 9275 0144.297 3

204 2210 8136.8165 4

113 7

110 489.495 8

118 2

111 ()

106 7107. 9

103. 4117 5

114 9108 51°0 495. 670. 4

107. 2107 4

106.3107 507 498 0

110 8

113. 5107. 7115.693. 2

118.0122.0113.3118 7

12° 3]°1 7

118.9120. 1123.7122. 1112.8

291239233216423283201161288337411283247

271268275

282

103

207.4

212 3204 7

186 6209 0007 3189 4206 420 r> 1275 6144 497 3

904 9211 1137 5166 0

11? 4

109 992. 896 6

116 9

110 9106 4106. 1

104. 7118 3

114 8108 71 90 795.673.0

107.2108 0

106.7108 498 098 4

110 9

113. 1108.01 15. 592.9

118.0121. 9111.5|9() 4

191 6J90 9

119.4120. 1123. 7122. 1114. 1

29624723921944530418817199f)340410294247

272208277

283

105

209.0

187 4208 9229 2189 4207 9210 8276 6144 697 4

205 8210 4138 2166 6

113 7

111 596. I

101 1114 5

111 6106 8108. 5

105. 6119 5

114 6108 8]9f) o95. 671.8

107. 5108 7

106. 8108 798 099 °

110 9

112.8107.9115.493. 0

113.6119.4109. 5110 1

121 7121 1

120.2120. 2123. 6121.8l i f t n

301267249224424345172249307332387305249

274271277

284

106

210.3

188 6207 6231 4190 2210 4223 5273 5144 897 4

206 3210 8138 9168 4

113 6

112 0106. 9103 9108 5

111 0107 8111. 1

106. 1115 8

114 510S 61°0 995.0

108! 1109 8

106. 910* 89H 099 9

110 9

112.7107. 9115.593. 0

107.0118.087.6

100 3

121 1190 8

120.5120.2123. 8122. 1l l f i 3

305280253233440339177331309328379314233

273272275

284

107

210.8

215 2207 3

189 1206 8032 9

190 4213 9236 5979 i144 997 5

206 6210 2139 2169 1

113 5

111 3117.4105 1107 r>

110 7107 9113. 0

106. 2113 6

114 6108 4120 895.261. 5

108.9109 9

107. 4108 998 0

106 6110 8

112.7108.2115. 193.0

105. 1116.581.798 7

120 3120 4

120. 7120. 2124.0121.811 n 5

300277251234431325171337303320376316200

275271278

287

105

210.9

215. 2207.3

189. 1204. 6232. 4190 6215 8241 4272 1145. 097 6

206. 8209 1139. 7169 6

113 0

110 0121. 5103 6106 7

110 1107 5113.2

105.7113 5

114 3106 7118 194.856. 8

109. 4109 3

107.4108 898 0

106 6110 8

112. 3108.0113.693.1

102. 2115.969.797 0

1°0 1J9Q 4

120. 8121. 5124. (j121. 5117 1

289259249230436313168217296317377317181

276271281

288

100

208.9

215 2207.3

187 9204 3227 5190 9217 0223 5971 i145 397 9

206 7208 6140 2170 2

112 5

107 8112.0101 7106 2

109 5107 4115. 1

104.8110 8

114 2105 91 1 7 593'. 451.2

109. 6108 7

107.2108 898 0

107 0110 4

112.4108. 0113.593.1

99. 5116.163.7OQ £

120 31 f)f\ ^

122.0121.8125. 2121.6i9n n

288265251229435309176265284310372305177

275270280

288

100

208.7

215 2207.3

188 0203 5°27 6191 9215 7939 i267 7145 397 9

206 8207 6140 5170 7

112 3

108 2123.9102 0105 9

109 2107 5113. 3

104.9111 0

113 8105 4117093! 147.3

109. fl107 9

107.4108 799 1

105 7110 6

111.9107. 4113. 490.7

98.0115.959.687 fi

120 5120 7

121.8121.8124.9121. 5i 9n rt

290272250229435313179308279306372291180

276271280

289

100

209.7

213 0207 3

188 7202 7230 0191 1212 6947 9266* 7145 398 0

206 1206 2140 8171 1

111 S

108 7127. 3100 9106 6

108 0107 4112. 2

104.6109 4

113 3104 8116 892.742.6

109.8108 0

106. 3104 9on i

106 6109 5

112. 1107.8113. 490.7

94.1113.949.7

m o

121. 6121. 6124.9120.91 1 0 7

293270245227486303190285280313394281175

276271281

289

101

210.4

9QO 9205 0

1 189 0202 3230 8193 S210 69r>3 8266 0144 698 °

903 1905 4141 3171 4

111 6

108 1128. 9

9<3 g108 ()

108 (j1 07 0110. f.

104. 5119 1

113 0104 0114 692. 546. 0

11.1.5107 3

106. 51 04 S00 1

106 6109 9

111.4107. 1113. 190.7

94. 5111.258.2

1 9n R

121.6121. 5124.9120.9110"

T Revised. i Index on old basis for May 1952 is 190.4.§ June 1952 indexes: All farm products. 292; crops, 277; food grains, 238; feed grains and hay, 226; tobacco, 437; cotton, 319; fruit, 220; truck crops, 250; oil-bearing crops, 289; livestock and products,

306; meat animals, 380, dairy products, 277; poultry and eggs, 181.9Ratio of prices received to prices paid (including interest, taxes, and wage rates). cf For actual wholesale prices of individual commodities, see respective commodities.t Revised series. Indexes of retail prices of coal (for residential heating) reflect use of new base period and expansion of city coverage; comparable data are available for various periods back

tion method; forproducts and foomarket, prices prior to January 19,52.



1951


berDecem-

ber

1952


COMMODITY PRICES— Continued

WHOLESALE PRICES^1 — Continued

U. S. Department of Labor indexes (revised):!— Con.Commodities other than farm prod., etc. — Con.

Metals and metal products 1947-49=100--Heatin<T equipment doIron and steel doN on ferrous 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 do\pparel doCotton products -_ doSilk products doSynthetic textiles _ _ _ do"Wool products do

Tobacco mfrs. and bottled beverages doBeverages alcoholic doCigarettes do

PURCHASING POWER OF THE DOLLAR

As measured bv —Wholesale prices t - 1935-39=100..Consumers' prices - doRetail food prices do

123.2114.8122.9125.4113.6121.4112.4117.4

119.8117.1151. 3133.9114.8104.1117.8124.998.7

161.8

108.4107.0105.7

45.153.944.0

122.7114.6122.9123.2113.6121.4112.4117.4

120.2117.6148.3133.9112.9103.7116.0133.798.0

151.7

108.4107.0105.7

45.454.0

\ 44.1

122.3114.4123.0121.5113.6121.4112.4117.4

120.2118.3144.3133.9111.6105. 0113.0116.196.7

145.5

107.9106.1105.7

45.853.943.9

122.2114.5123.1121.6113.6121.4112.4117.4

119.5119.8144.3133.9108.5104.5106.9112.394.0

140.0

107.8105.8105.7

46.053.944.1

122.1114.5123. 1122.0113. 6121.4112.4117.4

119.4121.5144.7133.9105. 9104.1102.5117.992.9

129.8

107.8105.8105.7

46.153.644.0

122.4114.6123.1124. 0113.6121.4112.4117.4

118.8122.1144.7133.9103. 9103.3100.8122.591.5

120.8

107.5105.8105. 7

46.053.443.6

122.5114.4123. 1124.1113.6121.4112.4117.7

118.4122.4144.6133. 9103.9102.3102.3123.291.5

122.0

107. 5105.9105.0

46.053.043.2

122.5114. 5123.1124.2112.8121.4112.4117.7

118.4122.4144.3133. 4104. 0102.1103.3125. 391.7

120.3

108.1105.9107.3

46.052.943.1

122.4114.0123.1124.2112.9121.4112.4117.7

118.2122.8144.1133.4103.3101.7102.8126.091.4

118.0

108.1105.9107. 3

46.352.943.0

122.6114.0123.2125.0112.9121.4112.4117.7

118.3123.7143.1133.4102.1101.7101.0130.289.9

114.4

110.8111.2107.3

46.553.244.0

122.6114.0123. 2124.9112.9121.4112.4117.7

117.7123.8142.0133.4100.6101.699.6

129.187.3

111.8

110.8111.2107. 3

46.553.243.9

122. 5113.9123. 0124.8112.8121.3112.4117.7

117.4123.5140.6133.099.9

101.298.6

128.486.7

109.2

110.8111.2107.3

46.753.043.5

121.8113.8122.8122.0112.8121. 4112.4117.7

117.1123. 5140.4133.099.4

100.897.2

128.886.7

112.1

110.8111.2107. 3

46.852.943.3

CONSTRUCTION AND REAL ESTATE

CONSTRUCTION ACTIVITY 9

New construction, total 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.

Tndustrial doCommercial do

Farm construction _ _ do_ _Public utility do

Public, total doResidential _ _ _ do _.Nonresidential building doMilitary and naval _ _ _ _ __ __ do. _Highway doConservation and development doOther types do

CONTRACT AWARDS

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

Total projects numberTotal valuation thous. of dol__

Public ownership _ _ doPrivate ownership do

Nonresidential buildings:Projects numberFloor area -thous. of sq. ftValuation thous. of dol_.

Residential buildings:Projects _. numberFloor area thous. of SQ. f t- .Valuation thous. of doL.

Public works:Projects numberValuation _ thous. of dol

Utilities:Projects . _ numberValuation. . _ _. thous. of dol

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

Residential, unadjusted _ doTotal, adjusted.- do.

Residential, adjusted do

Engineering construction:Contract awards (E. N. R.)§ thous. of dol..

Highway concrete pavement contract awards:©Total thous. of sq. yd ._

Airports ._ . . . _ doRoads doStreets and alleys do

2,647

1,83791882181

440164131166309

81045

30366

2257695

52, 7002, 572, 9611,474,1661,098,795

4,42144, 804

1, 633, 908

45, 85673, 596

661, 094

2,016186, 868

40791, 091

234197193166

1, 267, 995

' 5, 9371,278

' 2, 3202,339

2,810

1,93395785388

465180131180326

87747

31077

2658296

44, 7551, 408, 932

583, 146825, 786

4,46341, 162

553, 280

37, 58860, 496

545, 152

2,204183, 973

500126, 527

234192200174

1,027,087

7,5622.8411,9392,782

2,873

1,96896585791

471195121191336

90547

31586

2828095

44, 3341,379,830

615,370764, 460

4,49639, 926

536, 533

37, 17358, 823

548, 144

2,151190, 884

514104,269

177182162179

1,378,640

9,2484, 3352,8402,073

2,942

1,97195684792

465204108194350

97156

324108314

7792

46, 3191,262,811

486, 452776, 359

4,17036, 700

475, 957

39, 86460, 372

567, 566

1,927160, 368

35858, 920

163175156176

1, 145, 715

4,508714

1,4362,358

2,934

1, 95595884993

460210101179352

97963

319129303

7788

42, 4351,082,855

317,731765, 124

4,55836, 273

404, 462

35, 78952, 438

479, 716

1,756141, 335

33257, 342

149169147168

917, 158

4,342458

1,6812,202

2,893

1,90896385891

44020595

148351

98566

318147293

7883

42, 7351,051,419

306, 604744, 815

4,77534, 782

418, 203

36, 15252, 454

496, 247

1,457101, 903

35135, 066

134156140160

1, 026, 973

2,856275803

1,777

2,660

1,81893083284

42520096

126331

84268

3001361877675

36, 323931, 768323, 736608, 032

3,61827, 611

327, 706

31, 16247, 248

443, 884

1,233117, 809

31042, 369

141141156146

1,024,775

3.757671

1,8141,271

2,394

1,67484076066

415200

92110303

72066

2891161117266

28. 8321 , 234, 339

502, 416731, 923

3,26243, 016

593. 007

24, 20437, 985

346, 104

1,064138, 859

302156, 369

134124166145

829, 173

i 4, 159i 413

i 2, 197i 1, 549

2,193

1,51872065057

41520983

110267

67565

282113906263

31,842902, 091296, 897605, 194

3,32524, 868

357, 676

27, 38037, 423

337, 721

840130, 814

29775, 880

132118161142

1, 196, 798

3,487621

1,4971.369

2,102

1,46467660063

407209

76113263

63862

268105905657

33, 767885, 206338, 662546, 544

3,47224, 941

301, 404

29, 06945, 380

396, 438

930124, 885

29662, 479

136145156163

788, 429

3,723879988

1.856

2,345

1,61679971077

397201

74123292

72959

3011221156567

45, 0411,321,254

554, 050767, 204

4,31133, 345

463, 276

38, 86065, 422

592, 717

1,429193, 714

44171, 547

166183164174

1, 042, 851

5,411427

3,2891.695

' 2, 541

r 1, 690r849

750r87

38619473

136313

'85157

r334r 135

1757476

50, 0971, 597, 517

636, 357961, 160

4,44939, 343

562, 256

43, 44773, 847

681, 614

1,814241, 740

387111, 907

196'222r!69r!89

1, 180, 340

5,386238

2,9012.248

2,775

1,80791881095

39218882

157333

96855

3511502507983

63, 7091, 593, 660

557. 8031,035,857

5,08837, 346

462, 863

55, 75982, 579

783, 755

2,353219, 628

509127, 414

203227168191

1, 433, 642

6,702791

3,1282. 783

T Revised. ! Data include some contracts awarded in prior months but not reported.cfFor actual wholesale prices of individual commodities, see respective commodities. JSee note marked "f" on p. 8-5.fBevised series. Purchasing-power data are based on revised price indexes shown on p. S-5; for revisions through 1951, see p. 24 of the June 1952 SURVEY. Indexes of contract awards

reflect use of new base period; revisions prior to 1951 will be shown later.9 Revisions for January-March 1951 are shown at bottom of p. S-4 of the June 1952 SURVEY.fcData for May, August, and November 1951 and January and May 1952 are for 5 weeks; other months, 4 weeks.©Data for May, August, and November 1951 and January and May 1952 are for 5 weeks; other months, 4 weeks.

July 1952 SURVEY OF CUKEENT BUSINESS S-7


1951


berDecem-

ber

1952


CONSTRUCTION AND REAL ESTATE—Continued

NEW DWELLING UNITS AND URBANBUILDING

New permanent nonfarm dwelling units started(U. S. Department of Labor) _ _ ..number.

Urban building authorized (U. S. Dept. of Labor):New urban dwelling units, total number.

Privately financed, total doUnits in 1-family structures doUnits in 2-family structures doUnits in multifamily structures .-do _

Publicly financed, total doIndexes of urban building authorized:!

Number of new dwelling units__--1947-49=100_.Valuation of building, total __ _ .do

New residential building do_ _New nonresidential building doAdditions, alterations, and repairs do

CONSTRUCTION COST INDEXES

Department of Commerce composite f_ . 194 7-49 =100.-Aberthaw (industrial building) 1914=100American Appraisal Co.:

Average 30 cities 1913 = 100Atlanta - -do_ _New York doSan Francisco doSt Louis do

Associated General Contractors (all types) doE. H. Boeckh and Associates, Inc.:

Average, 20 cities:Apartments, hotels, and office buildings:

Brick and concrete. _U. S. avg. 1926-29=100..Brick and steel doBrick and wood do

Commercial and factory buildings:Brick and concrete do _Brick and steel doBrick and wood __doFrame . __ doSteel do

Residences:Brick doFrame ... do

Engineering News-Record :cfBuilding 1913=100..Construction _. .. do

Bu. of Public Roads— Highway construction:Composite, standard mile 1925-29=100

CONSTRUCTION MATERIALS

Production of selected construction materials, index:Unadjusted 1939=100Adjusted .do

REAL ESTATE

Home mortgages insured or guaranteed by-Fed. Hous. Adm.: New premium paying

thous. of dol_-Vet. Adm.: Principal amount __do.

Federal Home Loan Banks, outstanding advancesto member 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 doHome purchase doRefinancing doRepairs and reconditioning doAll other purposes do

New nonfarm mortgages recorded ($20,000 andunder), estimated total thous. of dol .

Nonfarm foreclosures, adjusted index_1935-39=100-_Fire losses thous. of dol

101, 000

57, 76554, 68843, 9572,5148,2173,077

r 127. 8r 152. 7r 166. 1T 139. 7r 132. 5

115.4

528557545490512378

232.6234.3245.0

234.5234.5240.4249.0219.7

245.1243.6

400.8542.7

180.9171.0

164, 669291, 906

774

475, 383

153, 678213, 66638, 68718, 87050, 482

1, 443, 53811.3

58, 744

132, 500

83,99147, 13437, 8672,6226,645

36, 857

179.4178.2233.5112. 1122.6

115.8373

531557545490529379

233.2234.6244.9

235.0234.9240.5248.7220.2

245.1243.4

400.4542.4

161.8

175.4163.9

146. 237264, 153

816

473, 885

149, 225219, 33138, 28918, 10748, 933

1, 422, 26211.2

56, 403

90, BOO

45, 68442, 09233, 323

2,4326,3373,592

98.2127.0127.7124. 5130.4

116.1

535557545495530379

233.4234.6244.2

235.4235.1240.2247.7220.5

244.6242.5

400.1542.8

156.7147.3

145, 738319, 365

770

439, 615

132, 330207, 12337, 61317, 83144, 718

1, 370, 20111.0

52, 220

89, 100

48,00247, 18238, 0362,6696,477

820

106.9138.1137.5143.3128.7

116.3

535561545495530378

233.5234.8244.4

235.5235.2240.4248.0220.5

244.8242.8

399.9542.6

176.4155.8

153,744317, 047

752

486, 435

149, 788224, 81942, 18418 91750, 727

1, 448, 96712.0

55 416

96, 400

51, 60750, 49140, 3702,9957,1261,116

114.1149.9155. 6153. 5120.2

117.0374

536561546495532377

234.2235.6245.7

236.1235.8241.5249.7221.0

246.1244.3

403.4546.5

164.8

163.5152.1

131, 485271, 148

747

439, 398

139, 951200, 02536, 55117, 57145, 300

1, 308, 42111.6

53 398

90, 000

43, 18042, 18735, 5802,4894,118

993

94.4117.8121.8110.0120.9

117.5

538562548495532379

235.1236.4246.8

236.8236 5242.5251.1221.5

247 3245.6

404.5547 2

178.0160.6

144, 596296, 748

760

486, 999

154 763220, 50642, 79418 55850 378

1, 483, 78610.8

54 660

74, 500

34, 98932, 68127, 7811,7663,1342,308

76.596.697.6

100.384.6

117.6

538562548494532378

235.1236.4246.9

236.9236.5242.5251.1221.5

247.3245.7

405.6547.7

157 3158.7

140, 528308, 639

781

430, 482

128 665202, 15937, 92014 78546, 953

1, 366, 07311.0

60 064

60, 800

27, 80726, 78221, 2241,7003,8581,025

61.377.075.380.575.5

117.5374

539573548494533380

235.9237.2246.9

237.7237.0242.7250.5221.9

247.3245.4

405.6547 8

166.7

134 6152 3

124, 701267 958

806

404, 033

125 287182 71037, 32212 89545 819

1 308 15111. 1

68 206

64, 900

' 37, 491T 34, 372

28, 3742,386

r 3, 6123,119

82.191.899.780.887.8

118.2

542581549497535380

237.0237.9248.0

239.2238.0243.8251.9222.6

248.5246.5

406.1549.3

T 139 8T 163. 7

159, 063301, 276

665

400 443

115 16818S' 73337 90615 03348' 603

1 298 25411.5

74 155

77, 700

45, 67043, 15734, 9723,0175,1682,513

100.9107.5126.281.497.4

118.1

543581550497535378

236.7237.4247.8

239.0237 9243.7251.5222.4

248 3246.2

407 2550 6

r 140 0r 169 7

125, 363242 103

612

427 835

131 487185 92043 39715 56751 464

1 270 90811.6

69 925

r 103, 900r 57, 787r 49, 695

40,1113,459

r 6, 1258 092

130.1140.7166.1110 3115.1

118.4374

544582551498537378

237.2237 7248 0

239 7238 3244*0251 5222 7

248 5246 2

407 9554 1

169 1

r 150 §

r 159 6

123, 807235 651

589

514 098

171 907213 72349 10418 95960 405

1 393 31711.7

72 254

108, 000

64, 69556,06945, 8383,4866,7458,626

r 142. 5r 152. 3r 183. 8r 115. 6' 118. 6

r 118.9

54558255.2499541379

238.3238.5248.9

24LO239.3245.1252. 1223.3

249.4246.9

410.4557 1

» 156 8» 157. 7

125, 629244 042

581

549, 140

182 636238 58749, 44621 79756 674

1,482 161

67 380

1 107, 000

62, 24654, 18243, 5313,3987,2538,064

130.7146.9171.8112.9131.6

119.6

548584554504543381

239.4239.2249.5

242.2240 7245.8252.8226.1

250.0247.4

412.5561 7

127, 751202 758

591

586 035

197 525251 88450 07624 45262' 098

1,511,488

62 354

DOMESTIC TRADE

ADVERTISING

Advertising indexes, adjusted:Printers' Ink, combined index 1935-39=100--

Magazines -doNewspapers doOutdoor do ...Radio ._ do

Tide advertising index doRadio advertising:

Cost of facilities, total thous. of dolAutomotive, incl. accessories do.Drugs and toiletries-. __ _ ... .-doElectric household equipment doFinancial ..doFoods, soft drinks, confectionery doGasoline and oil . . do _Soap, cleansers, etc doSmoking materials. do _All others.- .. __ .. _ __ do

394355324323286

328.4

16, 577379

4,829147288

4,592479

1,7851,9142,162

385350303331283

328.9

14, 853303

4,375129294

3,940454

1,6491,8311.878

410368314319279

294.7

11 731227

3,124137269

3 263432

1 0731,3751.832

418376319340269

318.9

11 789256

3,060143298

3 310440

1 2041 3311.747

411379304314239

327.0

11 849'299

3,085153278

3 240402

1 2751 2691.848

429403307341257

315.2

14 948377

3 991266307

4 170459

1 6311 8551. 893

427347317347258

316 7

14 377339

3 699274315

4 127445

1 5461 8411. 793

435357304352253

272 5

14 619464

3 751147326

4 090512

1 4321 7942. 102

453379293346244

337 6

14 520407

3 993224359

3 917475

1 5921 7721.781

447369304401253

334 3

13 561' 276

3 691204353

3 79?447

1 4821 5901.726

438371300362248

14 520329

3 949204348

3 862493

1 5581 6322.145

439404294362247

r 13 948319

r 3 847171356

3 802431

1 6241 5961.801

433388310354236

13 996370

3 883153365

3 761494

1 6981*546l!?95

* Revised. Preliminary. 1 Data for June 1952,106,000. fRevised series. Indexes reflect use of new base period; revisions prior to February 1951 for urban building and priortc April 1951 for construction costs will be published later. & Data reported at the beginning of each month are shown here for the previous month.

S-8 SURVEY OF CURRENT BUSINESS July 1M52


1951


berDecem-

ber

1952

January rearyU" March April May

DOMESTIC TRADE—Continued

A D VERTISING— Con tinued

Magazine advertising:}Cost, total thous. of doL _

\pparel and accessories do\utomotive, incl accessories - -doBuilding materials doDru^s and toiletries do.- .Foods soft drinks confectionerv doBeer wine, liquors do

Household equipment and supplies doHousehold furnishings - do ._Industrial materials doSoaps cleansers etc doSmoking materials doAll other - - - - do

Linage, total thous. of lines..

Newspaper advertising:Linage, total (52 cities) do

Classified doDisplay, total .. ... do

Automotive . .do.. -Financial - - doGeneral do"Retail ^°

POSTAL BUSINESS

Money orders, issued (50 cities) :Domestic:

Number . . . . . thousands..Value thous. of dol

PERSONAL CONSUMPTIONEXPENDITURES

Seasonally adjusted quarterly totals at annual rates :fOood^ and Cervices total bil of dol

\utomobiles and parts do

Other durable goods do

Clothin17 and shoes dop ,. n A 'I f]O

Semidurable housefurnishings do

Other nondurable goods d.o

Services doHousehold operation doHousing doPersonal services doRecreation doTransportation doOther services do

RETAIL TRADE

All types of retail storesrfEstimated sales (unadjusted), total- -mil. of doL_

Durable-goods stores 9 doAutomotive croup d o . _

Motor- vehicle dealers - do.Parts and accessories do

Building materials and hardware group 9mil. of d o l _ _

Lumber and building materials doHardware do

Homefurnishings group -. - - -doFurniture and housefurnishinffs doHousehold appliances and radios do

Jewelry stores. _ _ doOther durable-goods stores 9 _ _ d o

Nondurable-goods stores 9 - .doApparel group do

Men's clothing and furnishings doWomen's apparel and accessories doFamily and other apparel do._Shoes do

Drugstores do__ .Eating and drinking places 9 doFood group 9 do__

Grocery and combination _ .do_ -_Other food 9 do

Gasoline service stations doGeneral-merchandise group do

Department, including mail-order 9 -doVariety doOther general-merchandise stores do

»• 52, 928' 4, 636'<• 3, 848r 2, 932' 5, 853- 6, 627' 2, 694

' 3, 951'•3,484' 2, 761' 1,527' 1, 382' 13, 234

3,926

226, 20753, 766

172, 44111, 509

2, 45536, 120

122, 357

6,756122, 605

12, 7364,6232, 3832, 245

138

1,00573427161740821090

528

8,114814176322172144365962

3. 0582,458

600714

1.448872211366

47, 4453,1873,8282, 5056,2176,3782,541

3,6522,2013,3201, 5181, 661

10, 436

3,221

202, 04749, 861

152, 18610.8142,214

30, 166108, 992

7, 731121.273

' 204. 5

' 26. 3'11.0' 11.2M.I

T 111.3' 19.7'68.2' 5. 2'2.1

4.6Ml. 5

' 66. 9MO. 1' 21. 5

r 4. 1r 4.1' 5. 5

r21.5

12, 6604,5202. 3432, 202

140

97071525560639221496

505

8,140792193290163147369960

3, 1562,561

594718

1,413840216358

34, 694879

3, 30S1,4835,4595, 8382,354

1,654840

2.234942

1,4788, 236

3,260

178, 38948, 762

129, 6279,8072,846

23, 69093, 284

6,238116,606

11,5434,0372, 0891,956

133

90067422654634919771

430

7, 506588139212125111361945

3, 0202, 410

610720

1, 181680197304

35, 9613.4843, 4001 395 i4,568 '5.2741.952

1,6681.0072.310

9561, 1388,808

3,934

192, 52850. 887

141.6409, 5741. 852

23, 364106. 851

6, 485118.392

1 2, 5084,4092,2872. 144

143

949713236642406236

79453

8, 099648133262138114367

1,0053, 21 12, 584

628734

1,388825216347

54, 2686,6814,1543,1366,0246,6172, 451

3, 9523, 3683, 2401, 1851,341

12, 119

4,845

211, 49951, 465

160, 0337,8892,234

30, 318119, 592

6,333114.593

' 206. 4

'25.5'9.9

' 11. 54. 1

' 113.2'20.0' 69. 5' 5 .2

2. 14. 7

Ml. 7

'67.610.1

' 22. 0' 4. 1r 4. 3' 5. 521.6

12,4104,1902,1211,988

133

90466723763438924580

451

8, 220820163336176145359986

3, 1602, 546

614699

1, 465889216361

61,9875,6354,5872,9626,9638,9293,118

4,7134,3023,7041.6121 , 235

14, 229

4,849

228, 67351,844

176,8299,8112,732

37, 983126,303

7,168126, 545

13,1904,4512,1422,000

142

1,02376425969843726189

498

8, 739899196370199135375

1,0083,1412, 516

625737

1 , 6201,001

236382

55, 5204,2323,6351, 9376, 6747,8813, 254

3,8393,5063,3091,3611,170

14, 722

4,129

230, 08347, 780

182, 3049, 5192,417

34, 510135, 858

6,878121,892

12,7023, 9921 , 8801,742

138

862617245707443264109435

8,709945224379216127361933

3, 1522,550

602713

1,7621, 123

246393

46,1133, 3332,985

8655,6986,2474,443

3, 1362,0992,891

8541,532

12, 028

3,346

214, 04142, 998

171,0436, 5592, 526

25, 044136,915

7,271124,214

' 210. 5

'25.3'9.5

' 11.6'4.3

r 116.2'20.7' 70. 4

5.62.0

'4 .9M2. 5

'69.0' 10. 6' 22. 5

4. 1' 4 .0'5 .7

'22.0

14,6324, 1061,7651,611

154

791492299804505299244502

10, 5261, 295

331479312174495968

3,4612,831

630727

2, 5171 ,494

478546

31, 9041.6732,4761 2084,5434,6921,590

7621,1762,372

7361,0889,588

3,466

178, 07746, 345

131,7318.2083, 663

21,02098, 840

7,268130, 038

11,3383,5971,8721,755

117

693499194542340203

76414

7. 741728184279158108360939

3, 0582, 467

591659

1, 168713172282

44, 6293,1082,8781 9196.1077,1472,290

2,1671,5212,887

9711,209

12, 424

3, 985

184, 64046, 621

138,0197.8892.282

25, 749102, 100

6,948124, 086

11,1813, 6961,9671 , 850

117

703503199548;«8210

408

7,485639143258137101366903

2,9862, 422

564635

1, 151690187275

60, 2475,4205,0953 0547,0657,8542. 851

3,9702,7093,7691,3561,357

15, 748

4, 855

213, 22852, 943

160, 2858, 5532,756

30, 203118, 773

8,025147, 902

r 213 2

' 25 2'9 6

' 11 34 3

T H% 0

r 20 6' 71 8' 5 9

2 0' 5 2' 12 5

' 70 0' 10 7'22 9

4 2' 4 1

5 9'22 3

12, 1343 9782,1071,981

120

74552721856936720272

484

8, 157795164328175128376948

3,2012,601

600677

i, 307790205312

59, 6485, 0294, 9993 6836,4697, 1502,477

4. 4013,6443,8721, 4661, 259

15, 199

4,468

218,40752, 790

165.6179, 5653, 133

31, 742121,177

132! 616

'12,719' 4, 392' 2, 327

2,189M38

' 879' 624' 255

583385198

' 526

' 8. 326r 910

181r 305r 195MG9

:'70952

T 3, 109' 2, 509

600705

r 1, 463871

' 237r 355

60, 0164, 7355, 2373 2966, 1 666, 7422,619

5, 0043, 8674,0161 3761. 395

15, 564

4, 093

225, 60656, 670

168,93610,4572,684

33, 44412? 352

6,719123,981

13, 6344,9192,6982, 546

152

932

27666845121791

530

8, 715842177337181148384

1,0043,4122, 785

627755

1.515905224386

July 1052 SURVEY OF CURRENT BUSINESS S-9


1951


berDecem-

ber

1952



RETAIL TRADE— Continued

All types of retail stores f— ContinuedEstimated sales (unadjusted), total— Continued

Nondurable-goods stores 9— ContinuedOther nondurable-goods stores 9 - - -mil. of doL

Liciuor doAll other 9 do

Estimated sales (adjusted) , total doDurable-goods stores 9 do

Automotive group doMotor-vehicle dealers doParts and accessories do_.

Bui Iding materials and hardware group 9 doLumber and building materials doHardware _ - do .

Homefurnishings group doFurniture and housef urnishin gs doHousehold appliances and radios do

Jewelry stores - doOther durable-goods stores 9 do

Nondurable-goods stores 9 doApparel group do _ _

Men 's clothing and f urnishin gs doWomen's apparel and accessories _ doFamily and other apparel doShoes do

Drugstores do_ ._Eating and drinking places 9 - do

Food group 9 doGrocery and combination doOther food 9 -- do __

Gasoline service stations do__ _General-merchandise group 9 - do

Department, including mail-order 9 --doVariety - - - doOther general-merchandise stores do

Other nondurable-goods stores 9 doLiquor -- do_ _All other 9 do _ -

Estimated inventories :fUnadjusted total do__

Durable-goods stores doNondurable-goods stores - do

Adjusted total -- _ _ d o _ _ .Durable-goods stores - do

Automotive group do_Building materials and hardware group

mil. of dol__Homefurnishings group doJewelry stores __doOther durable-goods stores do

Nondurable-goods stores doApparel group doDrug stores doFood group - do_General-merchandise group doOther nondurable-goods stores do_

Chain stores and mail-order housesrf ci*Sales, estimated, total do

Apparel group doMen's wear do__Women's wear doShoes do__

Automotive parts and accessories doBuilding materials doDrugstores ._ - ... _ _ do -Eating and drinking places doFurniture and housef urnishings doGeneral-merchandise group do

Department, dry goods, and general mer-chandise mil. of dol

Mail-order (catalog sales) __ _ do . . _Variety do

Grocery and combination doIndexes of sales:f cf

Unadjusted, combined index 1935-39 = 100...Adjusted, combined index. _ _ _ _ _ _ _ _do_ _

Apparel group _ _ d o _ _Men's wear doWomen's wear doShoes do

Automotive parts and accessories _ doBuilding materials doDrug stores _ _ doEating and drinking places doFurniture and housefurnishings doGeneral-merchandise group _ _-do_

Department, dry goods, and general mer-chandise . 1935-39 = 100

Mail-order doVariety do

Grocery and combination. do

752204548

12, 4114,2722,2132,085

128897658239582369213

96484

8,139826185321182138368958

3,0592,458

601680

1. 476879234363772221551

20, 5709 870

10 700' 20, 643

9 6843,239

2, 3491,985

6551,456

10, 9592,498

723' 2, 072! 3, 625

2,041

2,797240

27i 100

68r45103

i 716545

798

51196

' 175973

372.1370.7304.6200.1331.3239.6231.4351 3239. 2276 8399. 9399. 7

! 558. 1292. 3260.0434.5

732210522

12, 2404,1862,1702,048

12287464123358637021694

462

8,054785174311170130371950

3,0452,464

581690

1,452880227345761220541

19 7189 583

10 13520, 2829 5623,141

2,3671 977

6391, 438

10, 7202,586

7041,9943 4461,990

2,84023728947051

102736345

803

51790

1791,017

367.4368.3292.8194.3323.8223 5253.3335 6247.6271 6417.5388. 4

540.7286.6252.3440.8

692186506

12, 0583,9671,9831,863

12087264722558638120594

432

8,091818199308176135369929

3,0672, 456

611663

1,470903238329775221554

18, 7779 0729.?05

20, 0459 4943,058

2,4361 940

6321,428

10, 5512,588

7101,9093 4231,921

2 5261751972514998736539

692

43876

163906

345.2372.3301. 5228 2324.4226 3235.8343 7247.3278 8397 3402.8

560.9295 6264.2439.1

746200547

12, 4294,1332,1252,000

12585262123162439622891

441

8,296819196314175134373944

3,1642, 555

609682

1, 533922246365781227554

18, 7158,638

10, 07719, 4299,1542,921

2,3931,828

6351,377

10, 2752, 475

7021, 8733, 3271,898

2,754186188053&

103746747

812

516101179954

358. 5381.5303. 5215.3328.3234.9265.1331.5249.7277.8404.8417.4

590.6283.7272.4452. 8

731211520

12, 2584,1382,1111,975

13683259323963038824293

472

8 120776168314166128369944

3,0872 493

594684

1,485901232352775221554

18 8828 465

10 41718 7618 6932 717

2,3031 770

5961 307

10 0682 386

6991 9413 1931 849

2 81023725996847

105726447

831

536100179956

382.7373.3293 4183 0331. 9226 8272 4321 2251 4273 7423 6392.2

551.0273 2257.2447.8

958347611

12, 5514,1892,1442,014

13086362423963139923292

459

8,362819184326177132374947

3,0782,471

607705

1,486885237364953347606

19, 3838,637

10, 74618, 5458,6792,744

2,3991,664

5671, 305

9,8662,299

7121,9293 0561,870

3,0082463]

1046249

120776655

905

567125196970

393.5382.3302. 1201. 6341.2228 0265 5334 9253 1276 2456 2399.0

556.6283 8263 5445.9

843226618

12, 4924,0362,0071,874

133820580240656410246100453

8,456844191335186132372955

3,1832,586

597714

1,545941232372843208635

19, 6578,578

11,07918, 2808,3852,700

2, 2361, 618

5701,261

9,8952,282

6842,0022,9771,950

3,00725135

105604795736356

957

585152203992

410.1384.2312.8215. 5351. 1228.8273.1332 5247 3280 0460 0404.1

564.8302 0258. 1459.0

1,062372691

12, 3183 9181,9301 801

12980556823762540522095

463

8 400822178000

184128386933

3, 1872 595

592719

1 534917233384819212607

17 3007 9399? 361

18 0938 2182 613

2,1721 588

6091 236

9 8752 244

6702 0962 9501 915

3 819366

51150906972

1056871

1 386

820152393

1,111

498. 5387.0313 6218 3354.3223 3280 2324 2246 6275 1466 3402 3

564 1296 1256 8466.2

829206624

12 6504 1502 0231 878'l46880631249649417233103494

8 500863197339194134378980

3 2352 619

616721

1 490910235345833226606

17 4148 0079 407

18 0618 1972 532

2,2841 554

5941 233

9 8642 206

6801 9533 1141 911

2 458173

2470443570736439

594

34890

143972

330.1381 . 0303 2207 1342.4220 7276 6322 5253 4281 7478 4405 7

569 7294 6261 1453. 4

805205600

12, 8624 3902 2142 058

15693067125964840824097

501

8 472831192327178134390

1,014

3,1912,578

613729

1,486896237354830232598

17, 9868 1279,859

17, 9808,1602,483

2.3721 498

5801,227

9,8202, 232

6972 0062 9931,892

2 4511682071443872756138

605

34690

155963

339.8383.5302 1204 5335. 8228 3299 2370 7260 8280 3432 3407 8

572 7293 3263 4449.2

852214638

12, 3994 0832,0101 866

14487061925162440322298

481

8 316806180308185133382976

3,1712 563

608717

1,441878225337

220603

18, 6648 454

10 21017 8878 0752,593

2,2701 427

5711 214

9 8202.146

7062 1133 0021 825

2 716224

2698564172766441

695

42091

1701 045

352. 3371 4290 5183 6334. 3215 5264 3338 4253 6269 9419 9381 4

536 2265 1250 1450.7

'817r 212

605

r 12 711r 4 286r 2 03$

2 099r 139r867'622

94460439221295

r 483

r 8 425T 840

178r 333r 19()r 139

384r970

r 3 210r 2 591

618724

r i 463870

r 237

356r 835r235

600

r Ig 5Q9r 8 537r Q 965

r 18 010T 8 208T 2 766

r 2, 191r i 434

T 583T i 234

r 9 802r 2 180

T 723r 2 006r 3 055r 1 838

r 2 870r 277

28r H7

r 81r 45r QO

756642

r 818

r 5Q897

197r 994

r 388. 0r 382 5r 312 3r 188 1r 359. 5r 235 5r 266 8r 338 or 257 ir 281 4r 414 2r 403 8

r 567 6283 1

r 263 8* 45fi 0

803226577

13 1034 5802 5202 375

14583959324663741222496

489

8 593824179326184135384

1 002

3 2602 648

612721

1 51390923536881Q232587

18 03ô 947

9 78518 0608 0782 638

2,2361 413

5761 215

9 98»>2 275

6972 0203 0861 904

3 05424926

1076852

100766748

856

56192

1851 116

389.6388 1304 2186 5346. 12°9 4270 1

253 2287 0424 6410 7

582 92QO 2261 44fU 7

•• Revised.tRevised series; see note marked "f" on p. 8-8. 9 Revised beginning 1935. cf Revisions prior to August 1950 are available upon request.

s-io SURVEY OF CURRENT BUSINESS July 1952

Unless otherwise stated, statistics through1950 and descriptive notes are shown in the1951 Statistical Supplement to the Survej

1951


berDecem-

ber

1952

January F*™' March April May


RETAIL TRADE— Continued

Department stores:Accounts receivable, end of month: t

Charge accounts 1947-49=100Instalment accounts __do

Ratio of collections to accounts receivable:Charcre accounts percent __Instalment accounts do

Sales by type of payment:Cash pales percent of total sales _Charge account sales doInstalment sales _ _ d o _ __

Sales, unadjusted, total U. S.f 1947-49=100._Atlanta ___ doBoston do _ _Chicago -- _-doCleveland doDallas -_ do_ __Kansas City doMinneapolis -doNew York doPhiladelphia - - doRichmond doSt Louis - _ d o _ _ .San Francisco do

Sales adjusted, total U. S.f do ._Atlanta -doBoston doChicago _ _ - _ do _Cleveland doDallas doKansas City doMinneapolis doNew York doPhiladelphia _ - _ _ . do __Richmond doSt Louis _ doSan Francisco do

Stocks, total U. S., end of month.-fUnadjusted do\djusted do

Mail-order and store sales:Total sales ° companies thous of dol

Montgomery Ward & Co doSears, Roebuck & Co __do __

Rural sales of general merchandise:Total U S , unadjusted 1935-39—100,-

East do. _South d o _ . _ _Middle West -doFar West do

Total U. S., adjusted doEast doSouth _ doMiddle West do .Far West do

WHOLESALE TRADE*

Sales estimated (unadj ) total mil of dolDurable-goods establishments doNondurable-goods establishments do

Inventories estimated (unadj ) total doDurable-goods establishments doNondurable-goods establishments do

118178

4918

48448

103r 104

10110610610910410198

10510910298

104r 108

100106104111104100100104

T 11198

r 102

139136

328, 424100, 408228, 017

285.3261.3293.3276.6317.8318.1291. 0353.8312.2354.7

8,4832,8585, 625

10, 2355, 0325,203

115171

4919

50428

99979899

1001009794

10599

1039097

10511498

10110611310498

10810311098

103

129136

322, 64992,911

229, 738

287.0265. 9304.2271.1349.2323.6306.3371. 4296.0385.9

8,2652, 7365, 529

10, 0055,0344,971

103163

4618

50419

84897385849685817476868593

105111106100107114104101103105105104108

127133

273, 06779, 657

193, 410

242.6216.1263.3228.5307.1329.2323.5376.7305.9376.3

7,9802,5085,472

10, 0975,0195,078

103162

4819

484111

9399829594

1041029780839595

101

109110108108108115111109106111121106106

129134

328, 56898, 508

230, 060

294.9261.8301.7281.3366.1321.6298. 5336.0303.8375.5

9,1242, 8896, 2359,9874, 8675,120

113166

4719

474310

112116110114114124119112106112118111108

107111100106108115112101101107109105108

132128

338, 278100, 873237, 405

334.1285.1369.0316.1394.4302.1274.9324.3293.8344.8

8,9252, 8366,089

10,0594,7925, 267

122172

5021

464311

112116105112115119117118108114121111107

108111103110112114110104103108114105106

135121

374,319117,371256, 949

362.0325.6418.0340.7403. 8302.7271.3327.1290.0359.3

10, 1293, 1037, 026

10,1164, 7235,393

136182

5021

474310

134138129133140144131120131144145130125

112121106111114129116107104109118109114

133117

398, 865121,494277, 371

439.3445.9500.6411.6456. 1339.0319.2365.9313.2363.7

9,7952,8126,983

10, 0774,6505,427

177197

4519

4942

9

184203188176181203185166179185192168189

109121106109109122113104103105109107no107119

477, 842146,189331, 653

499.6453.7534.4468.5606.5340.8314.0386. 4315.7386.8

9,2372,5166,7219,8614,6065,255

142190

4719

484210

83908181879586728081808183

10811810210511512211597

100110114111105

106118

248, 92663, 912

185,014

248.5228.4273.8236. 3276. 8328.3301.3342.2315.1376.1

8,6812,3756, 306

10,0124, 8235,189

124182

4518

484210

83937580839385838282838086

106111100104108115106113100110109100103

113116

246, 18267, 879

178, 303

263.3242.7296.1240.0284.7314.6292.4340.3300.0381.1

8 1972,4655,7329 8704,8005,070

117178

4820

484210

92108878995

1059380

r 8597968990

10511310410310611510594

r 9710911499

102

120115

279 09579, 273

199, 822

276.3271.1306. 1257.9301.4304.6273.3324.9276.7337.1

r 8 0912,537

r 5, 5549 9594 9245 035

121' 175

4618

48439

103r 118

10399

104114104101

r 94103

r 110101103

103r 115

9910010411410498

r96102

r 10898

r 105

122116

332 48293 423

239, 059

299.6273.7319.7280.2344.5306. 6273 2345. 2281.9366.1

r 8 1742,726

r 5, 448r 9 776r 4 963r 4 813

122176

4719

474310

107123103104105125

* 11210595

108115102113

108128102104103128

v H210496

10711698

118

P 120" 118

368 073101 381266, 692

283 9253.5301. 8269.8327 7316. 5282 3364 1304 5365 7

8 0872 6565,4319 4634 8444 619

EMPLOYMENT AND POPULATION

POPULATION

Population, continental United States:Total, incl. armed forces overseas thousands..

EMPLOYMENT

Employment status of civilian noninstitutionalpopulation:

Estimated number 14 years of age and over,total. __ „ _ _ _ _ thousands _

Male doFemale __do. _

Civilian labor force, total _ doMale doFemale _ __ do. _

Employed _ _ _ do. __Male _ doFemale do_ __

Agricultural employment doNonagricultural employment _ do

Unemployed do

Not in labor force - _ . dor Revised. » Preliminary.

153, 900

108, 83251, 88356, 949

62, 80343, 50819, 294

61, 19342, 55818, 635

7,44053, 7531,609

46, 029

154, 122

108, 83651, 83457, 002

63, 78344, 31619, 467

61, 80343, 14918, 654

8,03553, 7681,980

45, 053

154, 353

108, 85651, 79857, 058

64, 38244, 60219, 780

62, 52643, 50419, 022

7,90854, 6181,856

44, 474

154, 595

108, 89651, 77857, 118

64, 20844, 72019, 488

62, 63043, 76418, 866

7,68854, 9421,578

44, 688

154,853

108, 95651, 78057, 176

63, 18643, 67219, 514

61,58042, 83018, 750

7,52654, 0541,606

45, 770

155, 107

109, 06451, 82657, 238

63, 45243, 52219, 930

61, 83642, 63219, 204

7 66854, 1681 616

45 612

155, 356

109, 12251,82457, 298

63, 16443, 34619, 818

61, 33642, 34418, 992

7 02254 3141 828

45 958

155, 575

109, 20051, 84457, 356

62, 68843, 1 1419, 574

61, 01442 10618, 908

6 37854 6361 674

46 512

155, 783

109, 26051,85257, 408

6J , 78042 86418, 916

59, 72641 48018, 246

6 18653 5402 054

47 480

155, 997

109,27451 81057, 464

61 83842 85818 980

59 75241 489

18 270

6 06453 6882 086

47 436

156, 197

109 27451 75857 516

61 51842 81018 708

59 71441 58618 128

6 01^53 7021 804

47 756

156, 405

109. 32851 76257 566

61 74442 94618 798

60 13241 89818 234

6 41253 7201 fil 9

47 ^84

156, 602

109 42651 80457 622

62 77843 26°19 516

61 17649 29018 886

6 96054 216

-i ' pno

fReviserl series. Data have been revised to reflect use of new base period and to incorporate other major changes. Revisions back to 1919 for sales by districts will be shown later Pub-ished revisions appear as follows: Accounts receivable (1941-51), p. 32 of this SURVEY; total U. S. Sales (1919-50), p. 32 of the February 1952 SURVEY; total U. S. stocks, p. 32 of this SURVEY

*Dataon total wholesale trade have been substituted for the series on service and limited-function wholesalers. Figures through 1950 appear on pp. 23 a - - - • • • -- - - - ~. 23 and 24 of the October 1951 SURVEY.

July 1952 SURVEY OF CUERENT BUSINESS S-ll


1951

May June July August OctoberNovem-

berDecem-

ber

1952


EMPLOYMENT AND POPULATION—Continued

EMPLOYMENT— Continued

Employees in nonagricultural establishments:Total, unadjusted (U. S. Dept. of Labor)

thousands. _Manufacturing do

Durable-goods industries _ _ doNondurable-goods industries do

Mining, total _ doMetal.. . _ _ _ doAnthracite doBituminous coal doCrude-petroleum and natural-gas production

thousandsNonmetallic mining and quarrying do

Contract construction _ _ doTransportation and public utilities do

Interstate railroads doLocal railways and bus lines _ doTelephone doTelegraph _ _ doGas and electric utilities _ do

Trade __ _ do__Wholesale trade doRetail trade do

General-merchandise stores _ doFood and liquor stores doAutomotive and accessories dealers._.do

Finance _ _ _ _ _ _ _ _ doService do

Hotels and lodging places _ doLaundries doCleaning and dyeing plants _ _ _ do

Government do

Total, adjusted (Federal Reserve) doManufacturing _ doMining doContract construction _ doTransportation and public utilities _ doTrade __ doFinance __ _ __ _ doService doGovernment _ _ - _ do

Production workers in manufacturing industries:Total (U S Dept of Labor) thousands

Durable-goods industries _ _ _ doOrdnance and accessories doLumber and wood products (except furni-

ture) thousandsSawmills and planing mills do

Furniture and fixtures doStone, clay, and glass products _ do

Glass and glass products doPrimary metal industries do

Blast furnaces, steel works, and rollingmills J thousands

Primary smelting and refining of nonfer-rous metals thousands

Fabricated metal prod, (except ordnance, ma-chinery, transportation equipment)

thousands. _Heating apparatus (except electrical) and

plumbers' supplies _ _ thousandsMachinery (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 _ doFood and kindred products do

Meat 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 prod-ucts _ _ _ _ _ _ thousands

Men's and boys' suits and coats doMen's and boys' furnishings and work

clothing thousandsWomen's outerwear _ do

Paper and allied products doPulp, paper, and paperboard mills do

Printing, publishing, and allied industriesthousands. _

Newspapers doCommercial prin ting. _ _ _ _ __do

46, 22615, 8538,9756,878

91510370

377

258106

2,5984,1371,463

14463049

521

9,6832,5687,1151,4751,271

7421,8744,789

452360159

6,377

46, 50716, 081

9162, 5724,1409,8211,8654,7656,347

12, 9937,406

32

764449301484131

1,162

565

46

850

1301,242

7071,233

752318

9558

222409

5,5871,099

22911013719014574

1,206574222

998135

253249424213

510152168

46, 56715, 9568,9986,958

92710570

378

265108

2,6864,1611,468

14363748

527

9,7322,5817,1511,4581,270

7501,8934,835

478365161

6,377

46, 62616, 097

9232,5584, 1329, 8571,8744,7876,398

13, 0647,409

34

773456286485130

1,172

572

48

843

1281,252

7041,237

7383339859

223400

5,6551,146

23311615419215576

1,205588216

1,000135

245255426215

512152169

46, 43215 8138,8396 974

90610566

359

268108

2,7544,1761,468

141648

49534

9,6672,5947,0731,4071,268

7561,9084,852

510369158

6,356

46, 60216, 026

8992,5744, 1349, 8371,8804,7806,472

12, 8857,226

38

748443284478124

1,155

572

47

813

1231, 235

6841,187

68434710147

221383

5,6591,225

23611622619216175

1,167574210

990129

233271418214

507151167

46, 72416, 0088,8787 130

92210568

370

270110

2,8094,1901,468

14265248

535

9,6412,5967, 0451,3991,260

7571,9144, 839

507365153

6,401

46, 55515, 893

9142,6014, 1439,8221,8954,7916,496

13, 0697,261

41

754449285484130

1,165

575

48

817

1221,209

6961,198

675357

9957

224388

5,8081,307

23311430519216184

1,152561212

1,047139

238295419215

509151166

46, 95616 0398,9137 126

91710468

367

269110

2,7684, 1781,457

141648

47532

9,7812,5947,1871,4871,274

7541,8984,831

473362157

6,544

46, 46515, 801

9122,5874,1579,7911,9084,7836,526

13, 0877,279

44

745443285482130

1,162

573

47

810

1211,219

7071,211

67936010260

226388

5,8081,330

23510833019315689

1,136551205

1,037138

239284416214

515153167

46, 90215 9658,9427 023

91710467

367

269109

2,7614, 1661,440

14164948

529

9,8932,6227,2711,5501,281

7481,8984,770

437360159

6,532

46, 41515, 748

9142,6304,1739,7701,9174,7466,517

12, 9977,296

47

740439289479128

1,160

570

47

809

1201,242

7071,205

66736210462

228390

5,7011,254

23610323819515089

1,133546209

1,019131

238270413212

517153169

46, 85215 8908,9766 914

91710567

368

269107

2, 6334, 1651,428

141653

47528

10, 1092,6577,4521,7011,295

7591,9074,734

430357157

6, 497

46, 48215, 761

9162,5814, 1699,8271,9264,7586,544

12, 9047,314

50

719428294472125

1,149

558

47

805

1201, 255

7181,234

65539511163

230388

5,5901 160

24699

14519214785

1,132544209

1,008117

233279411212

519154170

47, 66315 9139 0006 913

91610667

369

269105

2 5184,1611 426

141654

47527

10 6602 6578 0032 0921,316

7681,9124 702

426356154

6 881

46 60815 811

9162 5694, 1619 8931,9314 7496 578

12 9117 322

52

696412296465123

1,164

573

47

806

1191, 269

7261, 235

64540711163

232381

5 5891 122

25296

12019014685

1 141548211

1,035123

235296410212

520155171

45, 91315 7768 9466 830

90910767

367

267101

2 3164,1031 394

14165347

526

9 7202,6227 0981,4721,282

7491,9094 671

424356154

6 509

46 47115 830

9162 5454,1399 8521 9194 7426 528

12 7667 264

54

654391296452119

1 162

570

47

804

1151,276

7251,235

63341511562

232374

5 5021 068

24694

10618713682

1 131540209

1,029127

228300405211

510151170

' 45, 899r 15 ggg

r 9 010r ft 849

r 90210762

366r 267

101r 2, 308' 4, 111

1 392141660

47r 526

r 9 643' 2, 624r 7 019r 1,416

1,286-•743

1,919T 4, 667

428r 354

1536,490

r 46, 594r 15,877

912r 2, 593'4,147r 9, 860

1,929r 4 738

6,538

r 12 820r 7, 306

55

r 668396296

r 447120

1,160

570

48

'807

' 1161,281'727

' 1, 251r634

42412261

'233' 381

5 514r 1 060

24495

r 10518713480

r 1 123r 527

210

' 1, 052128

r 233r 309r404

210

' 507152

r 166

r 45, 983r 15 gss

T 9 025r 6 833

899r 107

61362

'267102

T 2, 300' 4, 119

1,395139

r 664

526r 9, 660T 2, 61 9r 7 041r 1, 430

1,287^738

1,936r 4 683

430353154

6,528r 46 534r 15,883

906r 2 527r 4, 155r 9 854

1,936r 4 730

6 543

r 12 807r 7 310

56

T 670398296

T 449121

r 1, 154r 567

r 47

••807rl!5

1,277r723

r 1, 263r 639

42712661

'234381

r 5 497r I 056

24096

104r!87

13878

r 1 H2r 518

210r 1, 049

127

238r 306r 403

210

508152167

' 46, 249r 15 769

r 9 036r 6 733

^89710761

"•356

269"•105

r 2, 416' 4, 106

1,404139655

528

' 9, 8112,599

r 7, 212' 1, 516r 1, 292

' 734r 1, 951

••4, 748437358162

6,551

r 46, 507r 15, 905

r 901r 2, 517r 4, 126r 9, 815r 1, 941r 4, 748

6,554

r 12, 712r7,314

57

>"676406

••291'451

123r 1, 146

560

47

'807

1151,274'714

r 1, 283662429128

56«-235'380

' 5, 398r 1, 057

23510111318413777

' 1 091507209

••993120

239274

r399206

'506152166

P 46, 234v 15 609

p 8, 974•p 6 635

p 891P 107

P347

P106p 2, 498p 4, 136

•P 9,754P 2, 596•P 7, 158P 1,466P 1, 287

P736p 1957

p 4, 787

P 6, 602

p 46 498p 15,819

p 892P 2, 473p 4, 139p 9, 893p 1,947p 4 763P 6, 572

P 12 559P 7, 251

v 58

p648

P285p452

P 1, 142

?794

p 1, 257P705

p 1, 306

P231p373

p 5 308v 1 059

P 76P i 078

J>950

P 396

?506

' Revised. * Preliminary.^Figures for 1939-46 on the revised basis for the indicated series, available since publication of the 1951 STATISTICAL SUPPLEMENT, will be shown later.

S-12 SURVEY OF CURRENT BUSINESS July inr>2

Unless otherwise stated, statistics through1950 and descriptive notes are shown in the1951 Statistical Supplement to the Survey May June

1951

July August Septem-ber October Novem-

berDecem-

ber

1952

January Febru-ary March

1April | May

l


EMPLOYMENT— Continued

Production workers in mfg. industries — ContinuedTotal (IT. S. Dept. of Labor)— Continued

Nondurable-goods industries — ContinuedChemicals and allied products thousands..

Industrial organic chemicals doProducts of petroleum and coal _ _ . do

Petroleum refining doRubber products do .

Tires and inner tubes doLeather axd leather products _ _do

Footwear (except rubber) do

Manufacturing production-worker employmentindex, unadjusted (U. S. Dept. of Labor) f

1947-49=] 00. .Manufacturing production-worker employment

index, adjusted (Federal Reserve) t- 1947-49= 100..

Miscellaneous employment data:Federal and State highways, total§_ .number

Construction (Federal and State) doMaintenance (State) do _

Federal civilian employees:United States thousands

Washington, D. C., metropolitan area. -doRailway employees (class I steam railways) :

Totaf, thousands. .Indexes:

Unadjusted 1935-39=100..Adjusted do

PAYROLLS

Manufacturing product ion -worker payroll index,unadjusted (U. S. Dept. of Labor) f-1947-49= 100..

LABOR CONDITIONS

Average weekly hours per worker (U. S. Dept. ofLabor) :

All manufacturing industries . . hoursDurable-goods industries do

Ordnance and accessories doLumber and wood products (except furni-

ture"1 hoursSawmills and planing mills do

Furniture and fixtures doStone, clay, and glass products do

Glass and glass products doPrimary metal industries ... do _.

Blast furnaces, steel works, and rollingrnillst hours

Primary smelting and refining of nonferrousmetals hours

Fabricated metal prod, (except ordnance, ma-chinery, transportation equipment)hours.

Heating apparatus (except electrical) andplumbers' supplies hours

Machinery (except electrical) _doElectrical machinery doTransportation equipment - do

Automobiles do\ircraft and parts doShip and boat building and repairs doRailroad equipment do

Instruments and related products doMiscellaneous mfg. industries . do .

Nondurable-goods industries doFood 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 .-


clothing hour*5

Women's ontprwpfir doPaper and allied products do

Pulp paper and paperboard mills doPrinting, publishing, and allied industries

hours. -Newspapers doCommercial printing do

Chemicals and allied products doIndustri'il organic chemicals do

Products of petroleum and coal do __Petroleum refining do

Rubber products _ _ _ _ _ _ _ d oTires and inner tubes do

Leather and leather products doFootwear (except rubber) do

53117019415122088

331210

105. 0

106.8

286, 236115.462118. 484

2.273248

1,324

126.4126.9

128.1

40.741.843.2

41.541.340.441.940.441.7

41.1

41.8

41.8

41.243.641.540.939. 843. 939. S41.242.340. 7

39.341.641.645.138.141.941.236.638.839.935. 3

35. 336. 3

35. 534.343.444. 6

38. 736. 739.741.741 340.940.541.339.435. 433.9

52817219815422090

344222

105. 6

106. 8

315. 230130,395128, 859

2.313256

1,330

127.0125. 2

129.8

40.741.842.4

41.941.540.441.840.441.8

41.4

41.9

41.8

41.243. 541.540.438.943. 840. 140.342. 640.8

39.441.941.845. 438.642.14 1 . 937.93S. 639.535.6

35. 336. 0

35. 033. 843. 144.3

38. 836. 739.841.741. 340.740.441.941.736. 735.6

52617219815421790

336215

104.2

106.0

323, 393138, 673128, 024

2, 334258

1,330

127.0124.3

126.4

40.240.943.1

39.839.639.741.440.441.1

40.8

40.9

41.0

39.643.040.439. 937.943.740.440.741.839.9

39. 342.241.845. 440. 842.242.037. 637.738. 335. 4

35. 436 2

34. 434.942.844. 5

38.636.339.841.641 341.841.641.041.437.136.3

53117419815421892

343221

105. 7

104.8

326, 930140, 248129, 429

2,341254

1,332

127.1124. 5

128. 4

40.341.343.9

40.940.640.841.539.240.9

40.2

41.4

41.3

39.943. 040.840.939.543.640.240.741.940.1

39.142.041.344.941.741.941.938. 536.737.135. 3

35.835. 0

35. 335. 442.644.1

38. 736. 339. 941.541.040.640.240.741.236.435.4

54317519715421892

327208

105. 8

103. 9

314, 679135, 562124, 067

2, 330250

1,321

126.1123.1

130. 9

40.641.644.2

40.640.241.141.539.341.3

41.0

40.4

41.7

40.843.241.541.139.843.940.040.742.240.4

39. 442.841.945. 043. 542.141.839. 536. 937.135. 5

35. 635. 1

35. 534. 442.84 4 . 2

39.236. 940.541.740 841.441.140.940.935.934.6

54417219715421590

320201

105. 1

103. 4

303, 304128,757121, 524

2,335249

1,305

124.6120.5

129.8

40.541.744.0

41.340.841.441.739.841.2

40.4

41.6

41.7

41. 143.441.540.939.743. 340.240.942.340.6

38.942.041. 544.342.541.740.839.737.237. 036.3

34.632. o

35.032.842.544.0

38.636.739.541.840. 340. 940.440. 339.935.433.9

54217319715421995

317198

104. 3

10*. 3

273, 54299. 528

120.521

2,342249

1,293

123.3122.2

129.8

40.541.543.9

40.640.441.140.939.241.2

41.0

41.1

41.4

40.443.241.840.739.143.939.140.642.540.6

39.242.044.143.837.041.540.639.337. 837.637.3

35. 532.2

35. 634.642.443.8

38.736.739.941.840.440.740.640. 540.535. 633. 9

53817119615521995

323205

104. 4

103. 5

246, 18575, 055

118,551

2 344248

1,285

122.2124.2

132. 9

41.242.245.1

40.840.442.041.240.042.2

41.9

41.4

42.3

41.344.142.041. 740.444. 140.540.842.641.4

39.942.344.244.138.341.540.839.539. 339.337.8

36.233. 7

35.835. 842.844. 2

39.437. 540.741.840. 741 .241 . 341.241.037.836.9

53617019315321894

330213

103. 2

103. 6

230, 98559, 281

118,621

2 359249

1,257

119.9124.6

130. 4

40.841 844.4

40 139 541 540 638.841.5

40.8

41. 5

41.8

40.543.941.941.540.543. 240.741.042.141.0

39. 541.642.544.038 041 .240.538.438.939.037.0

36.033.4

35. 735. 942.543.6

38.635.840.341.640 440.941.040.940.938.438.2

'538r 168

19315321594

342221

' 103. 6

' 103.8

227, 48859, 491

115. 126

2,370248

1,252

119.4122.3

r 131.0

40.741.7

' 44. 7

r 40. 640.1

T 41. 541.039.6

'41.2

' 40.6

Ml. 6

41.8

r 40. 4r 43. 6

41.6' 41. 4T 40.4r 43. 2MO. 0' 41.4' 41. 7MO. 8

< 39. 541. 4

Ml. 4r 43. 9' 38. 4

41. 540. 7

r 3fi. 938.838.4

'37.8

' 36. 7r 34. 7

' 36. 536.442.4

M3. 6

'38.4r 36. 1

39.7Ml. 4r 4u. 3MO. 8r 40.7' 40. 5MO. 6

38.7r38. 6

'53816819415221694

343222

' 103. 5

' 103. 7

239, 08768, 500

116.987

2 381249

1,255

r 119.7f 122. 7

r 131. 4

40.641 644.4

r 40 540 041 341 039.8

Ml.l

r 40.8

41.6

41.8

40. 543.541.3

' 41.3" 40.3r 43. 0' 41.0

41. 1Ml. 4MO. 8

39.3Ml. 1

40. 5r 44. 2

38. 341 .440. 336. 638.137.137.8

'36.835.2

36.736. 242. 643.8

'38.836. 340.3

' 41.240 340.640.4

MO. 6MO. 8

38.738.6

' 530163197155

r 21394

335217

' 102. 8

' 103. 8

263, 78392, 142

118,411

2 389248

1,264

P 120. 5P 122. 5

127.8

' 39.8' 40 8' 43. 4

r 40 810 5

r 40 7r 40 6

39 0' 38. fi

36. 5

41.2

MO. 8

2g <)' 42. S' 40. Br 40. S

i 40. 31 41.8i 40. ."

40. 3Ml. 1' 40. (

38.5, ' 40. 9

40.344. 3

: i j -

40. l i'34. 5' 37 .2

37. 136.1

35. 032.8

35. 834. 1

r U.342.2

' 38. 336. 339. 5

Ml.l1 40 2

MO. 440.2

' 39. 839. 9

' 37. 036.5

P518

p 186

p214

p325

p l O l . 5

* 103. 2

2 392248

1,277

P 121.8T 122. 2

P 40 0P 40 8MS. 6

p 41 4

Ml 0Ml 0

P 38. 2

P41.0

p 42. 7>> 40. 5" 40. 6

P 41. 2P 40. 6

p 38. 8"41 .7

P 35. 3p 37. 6

p 36. 3

P 41. 5

p 38. 8

Ml.O

P35.8

P39.2

P %fi 7

r Revised. P Preliminary. fSee note marked "t" on p. S-ll.tRevised series. Indexes have been shifted to new base period; monthly data beginning 1939 will be shown later.§Total includes State engineering, supervisory, and administrative employees not shown separately.


Unless otherwise stated, statistics through1950 and descriptive notes are shown in the1951 Statistical Supplement to the Survey May June July

1<

August

)51

Septem-ber October Novem- I Decem-

ber ber January Febru-ary

1952

March April May


LABOR CONDITIONS— Continued

Average weekly hours per worker, etc. — ContinuedNonmanufacturing industries:

Mining:Metal hoursAnthracite doBituminous coal doCrude-petroleum and natural-gas production:

Petroleum and natural-gas productionhours _ _

Nonmetallic mining and quarrying doContract construction do

Nonbuilding construction _ _ do- ..Building construction do

Transportation and public utilities:Local railways and bus lines _. ..doTelephone _ doTelegraphf.. _ _ doGas and electric utilities do

Trade:Wholesale trade doRetail trade (except eating and drinking

places)* hoursGeneral-merchandise stores doFood and liquor stores doAutomotive and accessories dealers.. _do

Service:Hotels, year-round . . .. do ..Laundries doCleaning and dyeing plants - - . - do .

Industrial disputes (strikes and lock-outs):Beginning in month:

Work stoppages _ _ . ... . number-Workers involved thousands

In effect during month:Work stoppages numberWorkers involved thousands _ _

Percent of available workiner time . ..

TJ. S. Employment Service placement activities:Nonagricultural placements thousands . _

Unemployment compensation (State laws):Initial claims doContinued claims _ . do . .Benefit payments:

Beneficiaries, weeklv average do_ -Amount of payments thous. of dol...

Veterans' unemployment allowances:Initial claims thousandsContinued claims doAmount of payments thous. of dol_.

Labor turn-over in manufacturing establishments:Accession rate.. ..monthly rate per 100 employees. _Separation rate, total do

Discharges _ . __ _ doLay-offs doQuits . doMilitary and miscellaneous. _ .. do

WAGES

Average weekly earnings (U. S. Department ofLabor) :

All manufacturing industries dollarsDurable-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


Blast furnaces, steel works, and rolling millsjdollars _ _

Primary smelting and refining of nonferrousmetals dollars _ _


dollars. _Heating apparatus (except electrical) and

plumbers' supplies dollars..Machinery (except electrical) doElectrical machinery do

Transportation equipment doAutomobiles ...doAircraft and parts doShip and boat building and re pairs ...doRailroad equipment do

Instruments and related products doMiscellaneous mfg. industries . do

r Revised. » Preliminary. 1 See note "f" fct Revised series. Beginning 1952, data cover all <

divisional headquarters personnel and trainees in set*New series. Data beginning 1947 will be showr

44.230.133.3

40.445.738.341.837.5

46.539.045.441.5

40.0

39.835.539.745.1,

43.441.443.1

440166

••621r249

1 820.21

610

9083,977

77370, 799

16

146

4.54.8.4

1.22.8.4

64.5569.6072.45

59.7259.2256.2865.1165.8175.02

76.90

70.18

69.18

69.6776.3066.57

74.9774.9077.2268.4676. 5568.7857.39

>r this pagelomestic (11001.i later.

41.831.034.8

40.445.738.441.337.7

46.839.445.141.7

40.7

40.436.540.545.6

43.441.542.6

396194

r 615r 2011,800

.21

585

1,1183,704

82168, 780

15

97

4.94.3

.41.02.5.4

65.0870.2771.02

61.5160.9256.0365.2565.9776.03

78.70

70.73

69.43

69.5076.6567.15

75.1474.8877.3170.4275.6469.4457.85

; comparaand-line) e

t;See note r

42.035.332.7

42.145.839.042.938.1

46.539.844.842.0

40.7

40.837.141.145.3

43.441.341.6

450284

r644T 3451, 880

.22

586

1,0864,042

74865, 922

15

105

4.24.4.3

1.32.4.4

64.2468.7973.10

57.4357.4655.7465.0467.1474.76

77.64

69.90

67.98

67.4075.4266.13

74.3373.3077.4871.5975.8268.1856.46

ble figure f(mployees e

narked "J*

44.526.334.9

40.246.339.142.738.2

46.239.244.641.9

40.7

40.836.941.045.3

43.340.940.3

505213

••3142, 640

.28

628

9504,071

80175, 131

15

93

4.55.3.4

1.43.1.4

64.3269.5573.71

60.4960.2957. 5364.7463.1973. 70

75.25

70.46

68.68

67.2375.9466.34

76.3676.3177.4871.9677.0568.5156.82

>r Decernbxcept mes

on p. S-ll

44.127.236.5

41.846.138.941.938,2

46.139.444.442.2

40.9

40.035.940.045.2

42.941.341.6

457215

r693340

2,540.33

621

7243, 329

75862, 049

13

66

4.35.1.3

1.33.1.4

65.4971.0176.47

61. 5161.0658.4065.7465.4075.79

78.72

68.64

70.14

69.8977.2468.06

77.4377.5379.2871.5276.9669.9357.61

£T 1951, 43.sengers anc

.

44.435.136.3

40.547.039.342.638.5

46.239. 144. 342.1

40.8

39.835.639.645.4

42.941.141.5

487248

r728r 365

2,790.30

610

9023,692

71367, 449

353

4.44.7

.41.42.5.4

65.4171.1075.50

62.3261.4958. 7965.9365.6774.82

75.79

70.47

70.39

70.6577.8668.27

77.1477. 3478.0773.5777.0670.2658.18

8. 2 LesI those con

43.436.836.2

40.444.536.838.736. 4

46.339.244.242.0

40.8

39.435.139.745.3

43.141.040.7

30584

r521'191

1,610.19

498

9483,817

74968, 607

13

50

3.94.3.3

1.71.9.4

65.8571.0575.68

60.8660.5658.8165. 0365.5075.23

77.49

69.95

69.92

69.5377.6369.10

77.0576.4479.8572.3776.4970.9858.71

s than 500apensated

44.431.138.4

41. 844.037. 938.937.7

47.638.844. 342.1

41.1

40.137.040.045.4

43.241.441.1

18682

-357' 130

1,020.13

426

1,1524,114

79770, 624

13

57

3.03.5.3

1.51.4.3

67.4072.7177.62

60.1859.4760.4865.3066.2877.73

79.44

71.58

71.78

71.4979.9569.97

79.4879.9180.5774.1277.8171.7060.53

claims,entirely on

44.332.638.5

41.743.737.939. 637. 5

46.438.7

1 43.941.9

40.7

39.835.839. 444.9

42.84i.a40.7

400190

600250

1,250.14

473

1,3826, 157

1,185116,469

14

83

4.44.0.3

1.41.9.4

66.9172.1577.26

57. 0256.5659.8464.3564.1476.86

77.93

73.54

71.06

70.0779.8170.22

79.4780.5579.5374.8576.7971.0259.94

a commisv

M4. 130.935.9

-40.8M4.3' 38. 3

40 2r 37. 9

46. 538. 543.9

Ml. 4

40.4

39. 8'35.9' 39. 4

45.0

M2.8MO. 9'39.8

350185

550250

1,270.15

427

8905,169

1, 146105, 023

(2)3

65

3.93.9.3

1.31.9.4

66.9172.18

' 78. 76

* 59. 11' 58. 47' 60. 26r 65. 23

65. 54r 75. 85

' 76. 53

r 73. 17

' 71. 27

' 69. 85f 79. 70' 69. 93

' 79. 24' 79. 83r 80. 01r 74. 32' 78. 12

71.02' 60. 18

sion basis;

* 44.2

35.4

41.6'43.5' 37. 0'38.3'36.8

46.038.5

""""'•" 41." 5"

40.4

39.735. 8

r 39. 4' 45. 0

42.741.0

MO.O

400240

600320

1,400.17

465

8674,834

1,113101, 564

(2)3

54

3.93.7.3

1.12.0.3

67.1972.55

' 79. 08

' 59. 70' 59. 04' 60. 71' 65. 64

66.70'75.91

' 76. 99

73.63

" 71. 52

' 70. 3980. 08

r 69. 96

' 80. 00' 80. 56' 80. 58' 77. 29' 78. 17' 71. 04' 60. 34

earlier dat

43.0

29.7

40.844.538.039.637.6

45.635.1

41.4

40.2

39.735 839.645.2

42.841.241.0

4751,000

6501,2005,300

.61

566

1, 1094, 825

99394, 385

(2)2

44

'3.7M.I

.31.3

'2.2.3

' 65. 83' 71. 03' 77. 17

' 61. 2860.63

' 59. 67' 65. 04

65.60' 70. 64

68.11

72.64

' 69. 73

67. 57' 78. 58' 68. 82

' 78. 7480.6877.4675.4576.21

' 70. 20r 59. 00

a exclude g

475300

6751, 2007,500

.90

572

9154, 445

91886, 958

(2)

31

P3.9v 4. 0

v . 3v 1.2P 2. 2

P .3

p 66. 32v 71. 11* 77. 96

p 60. 65

""p~6~6.~i9~

p 65. 76

P 70. 29

p 70. 48

"p~78~57~

v 68. 65

* 78. 11

*71.15P 60. 74

eneral and

S-14 SUEVEY OF CUERENT BUSINESS July 1952


1951


berDecem-

ber

1952



WAG E S— Continued

Average weekly earnings, etc.— ContinuedAll manufacturing industries— Continued

Nondurable-goods industries _ dollarsFood and kindred products _ - do

Meat products doDairy products doCanning and preserving doBakery products doBevera^s do


Broad-woven fabric mills doKr» itting mills - - do

Apparel and other finished textile productsdollars. _

Mên'^ and boys' suits and coats doMen's and boys' furnishings and work

clothing dollarsWomen's outerwear do

Paper and allied products - doPulp paper and paperboard mills do

Printing, publishing, and allied industriesdollars. _

Newspapers doCommercial printing do

Chemicals and allied products do_Industrial organic chemicals do

Products of petroleum and coal doPetroleum refining do

Rubber products doTires and inner tubes do


Non manufacturing industries:Mining:

Metal doAnthracite 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 _ _ _ _ do _ _

Gas and electric utilities doTrade:

Wholesale trade do _ _Retail trade (except eating and drinking

places) * dollarsGeneral-merchandise stores doFood and liquor stores do

Finance:Banks and trust companies do

Service:Hotels year-round doLaundries doCleaning and dyeing plants do

Average hourly earnings (U. S. Department ofLabor) :

All manufacturing industries dollarsDurable-goods industries do

Ordnance and accessories doLumber and wood products (except furni-

ture) _- _ dollarsSawmills and planing mills do

Furniture and fixtures doStone clay, and glass products do


Blast furnaces, steel works, and rolling millstdollars

Primary smelting and refining of nonferrousmetals dollars


dollars, _Heating apparatus (except electrical) and

plumbers' supplies dollarsMachinery (except electrical) _ _ _ d oElectrical machinery do

Transportation equipment doAutomobiles doAircraft and parts doShip 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 do_ _Beverages do

57.9360.4063.9060.5248.8857.2473.7542.4951.3752.6745.04

43.5653.29

37.2847.3065.9270.96

75.6683.4974.6068.1472.0781.3184.7768.5675.9245.3841.70

74.9666.6773.86

78.3067.2281.6281.2681.83

72.1756.5965.9770.72

63.78

49.8336.7153.4466.22

50.11

35.0237.9645.90

1.5861.6651.677

1.4391.4341.3931.5541.6291.799

1.871

1.679

1. 655

1.6911.7501.604

1.8331.8821.7591.7201.8581.6261.410

1.4741.4521.5361.3421.2831.3661.790

58.4761.8067.8861.1149.2557. 9375.2144.4951.0752. 1045.18

44.0552.85

36.8247.5265.5670.84

75.8283.1674.8668.7272.4881.2084.7671.2782.4446.9043.79

70.8968.9477.67

78.7467.8282.4181.4882.71

72.7758.1265.4471.06

64.35

50.7437.7054.7267.03

50.06

35. 2438.0645.45

1.5991.6811.675

1. 4681.4681.3871.5611.6331.819

1.901

1.688

1.661

1.6871.7621.618

1.8601.9251. 7651.7561.8771.6301.418

1.4841.4751.6241.3461.2761.3761.795

58.4861.6568.2662.0249.2058.1575.6444.0349.5850.2544.57

45.1052.82

36.1552.3565.4471.73

75.5082.3674.8669.0173.0684.0687.9470.8183.6747.1244.39

72.3279.5073.71

83.3268.8483.7384.8183.63

73.1959.3071.2371.82

64.55

51.4938.5155.4466.91

50.50

35.4637.8344.26

1.5981.6821. 696

1.4431.4511.4041.5711.6621.819

1.903

1.709

1.658

1.7021.7541.637

1.8631.9341.7731.7721.8631.6311.415

1.4881.4611.6331.3661.2061.3781.801

57.9161.1567.4860.7053.0058. 0775.1344.0848.0848. 3044.44

46.1151.56

36.9953.4564.8470.38

75.5482.2974.7768.1871.6780.5583.7069.5282.0746.1943.29

75.7458.5277.23

78.1569.5984.4685.2784.31

72.7258.8470.4771.73

64.51

51.3738.0155.2367.18

50.28

35.2937.3842.56

1.5961.6841.679

1.4791.4851.4101.5601.6121.802

1.872

1.702

1.663

1.6851.7661.626

1.8671.9321. 7771.7901.8931.6351.417

1.4811.4561.6341.3521.2711.3861.793

58.6762.0668.4662.1054.3358.6975.1144.7548.7448.7544.84

45.8951.98

37.6751. 5065. 5771.29

77.6985.1376.9968.4372.5483.2186. 6070.1881. 6445.9242.73

76.4360. 3681.61

83. 6870.6385.1984.7285.42

73.1159. 9772.3372.88

65.64

50.8037.1954.2467.94

50.36

35.7837.8744.72

1.6131.7071.730

1.5151.5191.4211 . 5841.6641.835

1.920

1.699

1.682

1.7131.7881.640

1.8841.9481 . 8061.7881.8911.6571.426

1.4891.450.634.380

1.249.394.797

58. 0061.9167.6560.6056.8758.3872.5445.3049.2948.7740. 06

43.7047.81

37. 1447.3365.3271. 15

76.2784.5975.1368.1871.1781.7284.6868.6778.7645. 3141.83

76.1078.2480.62

78.9371.7286.2686.6186.20

73.2359.9472.3472.92

65. 44

50.4336.5653.9067.24

50.78

35. 9137. 7344.36

1.6151.7051. 710

1.5091.5071.4201. 5811.6501.816

1.876

1. 694

1.688

1.7191.7941.645

1.8851.9481.8031.8301.8841.6611.433

1.4911.4741.6301.3681.3381.4001.778

59.0763.3473. 5160.0947.8059.2674.5446.2650.4650.0147.56

45.1247.59

38.1350.4165.6471.31

77.0985.5176.5768.7271.6381.2884.8969.4680.2745.8541.93

74.4381.8481.09

79.0268.3581.6679.3082.26

73.1160.8472.1373.29

65.52

49.9230.1254.3567.13

51.13

36.2037.9343.71

1.626' .712

.724

.499

.499

.4311.5901.6711.826

1.890

1.702

1.689

1.7211.7971.653

1.8931.9551.8191.8511.8841.6701.446

1.5071.5081.6671.3721.2921.4281.836

60,4564.1373.0661.4851.0259.4373.4846.5352. 7052. 6248. 08

40. 2049.98

38.0952,3066.0872.22

79.4388.6578.7569.1072.4582.9487.1473.9186.2048.6145.57

79.4369. 9886.28

83.8567.3283.8379.0884.94

75.3559.4472.2173.63

66.58

49.9237.5254.4467.06

51.81

36.8138.3444.14

1. 0301. 7231.721

1.4751.4721.4401.5851. 6571.842

1. 890

1.729

1.697

1.7311.8131.666

1. 9001.9781.8271. 8301.9071.6831.462

1.5151.5161.6531.3941.3321.4321.801

60.0463.4069.6662.7950.3559.0472.9445.2752.4052.1047.06

40.4050.00

38.0653.3866.3971.29

77.2883.1378.1869.0672.1182.6686.6774.1986.9949.5447.52

79.1273.5886.39

84 5366.6984.7481.2685.35

73.9259.68

1 70. 7773.20

66.42

51.2238.2754.5366 68

52.05

36.4738.5544.08

1.6401.7261.740

1.4221 4321.4421.5851.0531.852

1.910

1.772

1.700

1.7301.8181.676

1.9151.9891.8411.8391.8731.6871.462

1.5201.5241.6391.4271.3251.4331.801

r 60. 12' 03. 30r 68. 72' 62. 29' 51. 11' GO. 09' 73. 50r 43. 69r 52. 22' 51. 19' 48. 31

r 47. 50' 51.07

r 39. 02' 54. 78>• GO. 57r 71. 08

r 77. 04«• 84. 19r 77. 20• 68. 81r 72. 02* 82. 09r 85. 03r 73. 31r 85. 75r 50. 19' 48. 52

' 79. 2568.97

r 80. 27

r 82. 29r 67. 60' 85. 95r 82. 73r 86. 60

' 73. 52' 59. 83r 70. 90r 72. 82

' 66. 13

' 50. 98' 37. 44r 54. 45' 67. 37

' 52. 14

' 36. 59«• 37. 96«• 43. 14

1.6441.731

' 1. 762

' 1. 456' I. 458«• 1. 452' 1. 591

1.6551.841

r 1. 885

>• 1. 759

r 1. 705

r 1. 7291.828

* 1. 681

r 1.914r 1. 976' 1. 852r 1. 858T 1. 887r 1. 703' 1. 475

1.522r 1. 529' 1. 660r 1. 419r 1.331r 1. 448r 1. 806

60.09' 63. 42r 68. 12r 63. 25r 51. 71' 60. 07r 73. 31»• 43. 85

51.3249.3448.12

' 47. 3652.38

39.34r 53. 14r 67. 35

72.66

' 79. 19r 84. 98r 79. 235- 69. 01

72.50' 81. 77

85.16* 73. 40r 85. 72' 50. 39' 48. 94

' 80. 05

r 79. 30

r 84. 78' 60. 95r 83. 29r 78. 71' 84. 38

r 73. 05r 59. 33

* 73. 54

«• GO. GO

' 50. 80r 37. 23' 54. 73r 67. 77

' 52. 43

' 36. 68' 38. 21' 43. 28

1.6551.744

r 1. 781

r 1. 474r 1. 476r 1. 470r 1. 601

1. 676r 1. 847

r 1. 887

1.770

r 1. 711

' 1. 7381.841

' 1. 694

r 1. 937r 1. 999

1.874r 1. 885' 1. 902r 1. 716' 1. 479

1.529r 1. 543r 1. 682' 1. 431r 1.360

r 1. 451' 1. 819

' 58. 91' 63. 23f 68. 07

62.9951.0160.9274.14

' 41. 23«• 49. 89

49.1945.77

' 43. 6147.99

38.1347.50' 65. 21

69.84

' 78. 3285. 6077.74

f 69. 2573.00

' 81. 9385.26

r 71. 6882.83

r 48. 3246.25

77.49

66.35

82.3368.7184.8981.62

r 85. 58

73.2354.23

73.24

66.73

51.0537.0555.0869.25

52.14

36.9438.6044.77

' 1. 654' 1. 741* 1. 778

' 1. 5021.497' 1. 406* 1. 602

1.682r 1. 380

1.860

1. 703

«• 1. 709

1.7371.836

' 1. 695

r 1. 9302.0021.8531.8031.891

r 1. 708' 1. 475

* 1. 5301.5461. 6891.4221.3531.4081.826

v 59. 60v G5. 18

p 42. 18P 50. 65

v 45. 05

P 65. 86

p 79. 85

p 70. 11

p 72. 42

p 69. 74

p 48. 41

— _

p 1. 058P 1. 743P 1. 788

p 1. 465

p 1. 468p 1. 604

v 1. 840

p 1.719

P 1.840p 1. 695

p 1. 924

p 1. 727p 1. 496

p 1. 536p 1. 563

' Revised. * Preliminary. 1 See note " t" on p. S-13; comparable figure for December 1951, $70.47.tRevised series. See note " t" on p. S-13. *New series. Data beginning 1947 will be shown later. JSee note marked "t" on p. S-ll.



1951


berDecem-

ber

1952



WAGES— Continued

Average hourly earnings, etc.— ContinuedAll manufacturing industries— Continued

Nondurable-goods industries— ContinuedTobacco manufactures dollarsTextile-mill products ._. do

Broad -woven fabric mills doKnitting mills do

Apparel and other finished textile productsdollars. _


clothing dollarsWomen's outerwear do

Paper and allied products do _Pulp, paper, and paperboard mills do

Printing, publishing, and allied industriesdollars. _

Newspapers doCommercial printing do

Chemicals and allied products do _ _Industrial organic chemicals _ _ do

Products of petroleum and coal ..do _Petroleum refining do

Rubber products doTires and inner tubes do


Nonmanufacturing industries:Mining:

Metal _ doAnthracite _ do_ __Bituminous 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 _ __ doTelegraphf ..doGas and electric utilities . do

Trade:Wholesale trade _ doRetail trade (except eating and drinking

places)* _ dollarsGeneral-merchandise stores _ doFood and liquor stores doAutomotive and accessories dealers___do_ _

Service:Hotels, year-round do. _ _Laundries do_Cleaning and dyeing plants do

Miscellaneous wage data:Construction wage rates (E. N. R.):§

Common labor dol. per hr__Skilled labor do

Farm wage rates, without board or room (quar-terly) _ _ dol. perhr..

Railway wasres (average, class I) .._ ... do.- _Road-building wages, common labor _ _ do

1.1611.3241.3201.276

1.2341.468

1.0501.3791.5191.591

1.9552.2751.8791.6341.745

1.9882.0931.6601.9271.2821.230

1.6962.2152.218

1.9381.4712.1311.9442.182

1. 5521.4511.4531.704

1.571

1.2521.0341 3461.465

.807

.9171.065

1.6082.629

1.725

1.1741. 3231.3191.269

1.2481.468

1.0521.4061.5211.599

1.9542.2661.8811.6481.755

1.9952.0981.7011.977

: 1.2781.230

1.6962.2242.232

1.9491.4842.1461.9732.194

1.5551. 4751.4511.704

1.581

1.2561.0331 3511.470

.812

.9171.067

1.6152.648

1.751

1.1711.3151.3121.259

1.2741.459

1.0511.5001. 5291.612

1. 9532.2691.8811.6591.769

2.0112.1141.7272.0211.2701.223

1.7222.2522.254

1.9791.5032.1471.9972.195

1.5741.4901.5901.710

1.586

1.2621.0381 3491.477

.817

.9161.064

1.6292 688

.821.7681.24

1.1451.3101.3021.259

1.2881.473

1.0481.5101.5221.596

1.9522.2671.8741.6431.748

1.9842.0821.7081.9921.2691.223

1.7022. 2252. 213

1.9441.5032.1601.9772.207

1.5741. 5011.5801.712

1.585

1.2591.0301 3471.483

.815

.9141.056

1.6372 701

1.746

1.1331.3211.3141.263

1. 2891.481

1.0611.4971.5321.613

1.9822. 3071.9011.6411.778

2.0102.1071.7161.9961.2791.235

1.7332.2192.236

2.0021.5322.1902 0222. 236

1.5861 5221.6291 727

1 605

1 2701.0361 3561.503

.834917

1.075

1.6372 701

1.794

1.1411.3251.3181.269

1.2631.471

1.0611. 4431.5371.617

1.9762.3051.9021. 6311.766

1.9982 0961.7041.9741.2801.234

1.7142.2292 221

1.9491.5262.1952 0332.239

1. 5851 5331.6351 732

1 604

1 2671.0271 3611.481

.837918

1 069

1.6452 719

.731.7481 33

1.1771.3351.3301.275

1.2711.478

1.0711.4571.5481.628

1.9922. 3301.9191. 6441.773

1.9972.0911. 7151.9821.2881.237

1.7152.2242.240

1.9561.5362. 2192.0492.260

1. 5791.5521. 6321 745

1.606

1.2671.0291 3691.482

.840925

1.074

1.6462 728

1.779

1.1781.3411. 3391.272

1.278].483

1.0641.4611.5581.634

2. 0162. 3641.9351. 6531.780

2.0132. 1101.7942.1041. 2861.235

1.7892.2502.247

2.0061.5302.2122 0332.253

1.5831 5321.6301 749

1 620

1 2451.0141 3611. 477

.852926

1 074

1.6512 751

1.801

1.1791. 3471. 3361.288

1.2891.497

1. 0661.4871.5621. 635

2.0022. 3221.9401.6601.785

2.0212.1141.8142 1271.2901.244

1.7862. 2572.244

2.0271.5262 2362 0522 276

1 5931 542

1 1 6121 747

1 632

1 2871 0691 384L485

.852929

1 083

1.6542 758

.861.8071 29

r 1. 184r 1. 346r 1. 333r 1. 278

«• 1. 296' 1. 489

r 1. 069«• 1. 505' 1. 570»• 1. 644

*• 2. 022' 2. 332r I. 946r 1. 662

1.787

2 0122 104

r 1 810r 2. 112r 1 297' 1. 257

r 1 7972 232

'2 236

r 2. 017r 1 526T 2 244r 2 058r 2 285

r 1 581r \ 554r i 615r i 759

r i 637

r 1 281r i 043

1 382T 1. 497

r 355r 928

1 084

1.6592 758

1 830

r 1. 198' 1. 347

1.3301.273

«• 1. 2871.488

1.072r 1. 468r 1. 581

1.659

r 2. 041r 2. 341T 1. 966r 1. 675

1.799

' 2. 0142 108

r 1. 808r 2. 101r 1.302' 1. 268

r 1 811

r 2 240

r 2. 038r 1. 539r 2 251r 2 055r 2 293

r 1 601r i 541

r 1 772

r 1 650

r I 281r 1 040

1 389r 1 506

r 859r 932

r l 082

1.6642 770

1 809

' 1.195•• 1. 341

1.3261.268

r 1. 2461. 463

1. 0651.393

r 1. 5791.655

' 2. 0452. 3581.968

r 1. 6851.816

r 2. 0282. 121

r 1. 8012. 070

r 1. 306' 1. 267

1.802

2 234

2.0181. 5442 2342 0612 276

1 6061 545

1 769

1 660

1 2861 0351 3911.532

863937

1 092

1.6802 774

.83

1 38

P 1.195p 1. 347

v 1. 241

P 1. 587

v 2. 058

v 1. 710

P 2. 023

p 1. 779

P 1 319

1.6902 797

~ ~

FINANCE

BANKING

Acceptances and commercial paper outstanding:Bankers' acceptances mil. of dolCommercial paper . . _ _ __do _

Agricultural loans outstanding of agencies super-vised by the Farm Credit Administration:

Total mil. of dol. _Farm mortgage loans, total do

Federal land banks . _ _ doLand Bank Commissioner. do

Loans to cooperatives doShort-term credit _ _ _ do

Bank debits, total (141 centers) doNew York City doOutside New York City do

Federal Reserve banks, condition, end of month:Assets, total mil. of dol

Reserve bank credit outstanding, total- __doDiscounts and advances doUnited States Government securities... do

Gold certificate reserves do_._Liabilities, total do

Deposits, total . doMember-bank reserve balances do

Excess reserves (estimated) . doFederal Reserve notes in circulation .... .do. _

Reserve ratio nercent__

417364

310739

116, 57245, 37571, 197

47, 17423, 481

52922, 50920, 50847, 17420, 38118, 536

33023, 332

46.9

425331

2,0971,012

97437

315771

120, 69948, 58872, 110

47, 63424, 043

5322, 98220, 51447, 63420, 59819 020

41623, 630

46.4

380336

333791

110 75643, 22467, 532

47 54724, 033

27723, 07820, 50447 54720, 60618 863

46723, 726

46.3

384368

347786

111 19041 36369, 827

47 75524, 309

55223, 12720, 61147 75520 67819 181

71724, 020

46.1

375377

2,1291,020

98535

360749

107 5044l' 14566 359

49 11625, 058

19023, 73420, 77549 11621 45319 391

56924, 148

45.6

398410

399697

123 77047 97175 799

48 74024, 427

18623, 55221 00448 74020 86819 557

49724 261

4fi &

4Q7435

420660

117 23144 80272 428

49 04624, 734

62423, 23921 16649 04620 94519 670

49024 680

46 4

490434

2 1101,029

99832

429651

129 54953 50076 049

49 90025, 009

1923, 80121 46849 90021 19220 056

38925 064

46 4

492480

408678

123 05948 10674 953

48 94123,783

32822, 72921 73148 94121 00420 077

63424 405

47 Q

4QQ

517

396718

114 11345 37568 738

49 32323, 904

59822, 52821 99249 32321 33619 982

' 72824 423

4ft 1

AKO

534

2 1941 0501 021

30377766

125 26950 18075 089

48 59023, 270

22, 51422 11548 59020 746I Q 700

49224 371

40 n

499

544

357820

124 66452? 05772 607

49 21323, 632

fi7fi22, 36322 10649 21321 1751Q Q4ft

79724 332

4ft «

AOf)

510

337860

121 43349 53571 898

49 54924, 152

QCO

22, 27322 10349 54921 4121 Q 778,

P 58724 567

AO 1

r Revised. » Preliminary. ]See note " t" on p. S-13; comparable figure for December 1951, $1.609.fRevised series. See note "t" on p. S-13. *New series. Data beginning 1947 will be shown later. §Rates as of June 1, 1952: Common labor, $1.706; skilled labor, $2.808.


1951


berDecem-

ber

1952

January Febru-ary March April

FINANCE—Continued

BANKING— Continued

Federal Reserve weekly reporting member banks,condition, Wednesday nearest end of month:

Deposits:Demand adjusted mil. of dolDemand, except interbank:

Individuals, partnerships, and corporationsmil. of dol_.

States and political subdivisions doUnited States Government do

Time, except interbank, tota.1 - - doIndividuals, partnerships, and corporations

mil. of doL_States and political subdivisions.- do

Interbank (demand and time) doInvestments total do

U. S. Government obligations, direct andguaranteed total mil. of dol

Bills do _-Certificates doBonds and guaranteed obligations _ doNotes _ _ _ _ _ do_ _ _

Other securities doLoans, total - - do. _ _

Commercial, industrial, and agricultural __doTo brokers and dealers in securities doOther loans for purchasing or carrying securities

mil. of do l__Real-e^tate loans doLoans of banks - _ doOther loans do

Money and interest rates :d"Bank rates on business loans:

In 1 9 cities percent _ ,

7 other northern and eastern cities do

Discount rate (N. Y. F. R. Bank) _ --do . _Federal 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

CONSUMER CREDIT

Total consumer credit, end of month--.mil. of doL-Instalment credit, total do

Sale credit total doAutomobile dealers doDepartment stores and mail-order houses

mil. of doL_Furniture stores _ - doHousehold-appliance stores doAll other retail stores (incl. jewelry) do

Cash loan*? total doCommercial banks - _ _ _ .do ._Credit unions doIndustrial banks doIndustrial-loan companies _ _ ___ do _ .Insured repair and modernization loans

mil. of doL -Small-loan companies doMiscellaneous lenders _ - do . -

Charge accounts doSingle-payment loans - doService credit do

Consumer instalment loans made during the month,by principal lending institutions:

Commercial banks ..mil. of dol_ .Credit unions doIndustrial banks doIndustrial-loan companies-. _ _ _ _ - -do._ .Small-loan companies -_ do

FEDERAL GOVERNMENT FINANCE

Budget receipts and expenditures:Receipts, total mil. of dol

Receipts, net _ . do _ . _Customs doIncome and employment taxes - do ...Miscellaneous internal revenue doA l l other receipts _ _ d o _ -

Expenditures, total doInterest on public debt doVeterans Administration __ doNational defense and related activities . . doAll other expenditures do

50, 034

50. 5913, 8573, 005

15, 362

14, 485746

10, 15736, 941

30, 4431,769

20, 5278,1476,498

32, 42819. 0481,332

7175,476

3825,928

1.752.234.08

1.632.172.152.28

1.5782.04

11, 7102,808

19,20712, 9207,2483,980

1, 084890616678

5, 6722, 506

518288207

8601,131

162

3, 7931,3981,096

359824433

198

4,0393,146

533,074

747164

4,517163425

2,3961.533

49, 916

50, 5003, 5894, 679

15, 539

1 4, 061743

10, 42237, 758

31, 1762,7451,585

19,4787, 3686, 582

32, 87719,220

1 , 399

7165,530

5235, 947

3 072.783 043.521.752.234.08

1.632.312.252.38

1.4992.00

11,8212,788

19, 25612, 9557, 2344,041

1,0558746026^2

5, 7212, 515

522288209

8721,151

164

3, 8041,3991,098

356864435

204

7,6037,089

486,611

719225

5,9691,557

3842,4951. 533

' Revised. " Preliminary. 1 Beginning April 1, 1952, includes 13Ad*For bond yields see p. S-19.

50, 383

50, 8603,6442,073

15, 551

14, 673740

11, 10337, 613

30, 9972, 0482,224

19. 4420,6830.016

32. 48719, 1241. 390

7005, 545

3245, 865

1.752.374.13

1.632.312.252.38

1.5931.94

11,8402,772

19, 13212, 9037,1734,061

1.022854590646

5, 7302,492

524288211

8821,167

166

3,7431,3931,093

339764435

206

2,8332,571

481,886

722177

4,739232435

2,9301,142

percent no

50, 970

51 . 1 743, 3022, 009

15,635

14, 741751

10, 80737, 572

30, 9302,5932,239

19, 4806,6120, 642

32,91019, 5021,170

6985,584

5185,906

1.752.474.13

1. 632.20

2'. 38

1.6441.89

11,8072,754

19, 26213, 0457,2474,138

1,015859590045

5, 7982. 521

531293217

8881,181

167

3, 7241,3981,095

389904940

210

4,1653,594

503,131

806178

5,087222422

3,0401,403

te of Decen

50, 533

51, 6963,3003,747

15, 676

14, 795734

11, 34537, 926

31,2122,9342,493

19, 1426,6436,714

33, 48220, 078

1,242

692.5, 005

414.5, 915

3 062.793.063 471.752.644.13

1.632.192.252.38

1.6401.93

11.9152, 738

19,30213,1077,3274,175

1. 0288706000.54

.5, 8402,524

533296221

8941,203

169

3,6961,4011.098

351784235

183

6,5246,209

425,691

70783

5,163580422

2, 6281, 533

ber 15, 195,

52, 124

53,5173, 4652, 543

15,829

14, 958719

11,94838, 565

31, 9203,7483, 010

19,2125, 9566,639

34, 08320, 5711,077

6845, 653

6275, 9.50

1.752. 664.17

1.632.212. 252. 38

1 . 6082.00

11,9412,724

19, 58513, 1967, 3554, 134

1,056890007068

5,8412, 522

535299222

9041,191

168

3,8681,4131,108

373865240

205

2,7082,635

521,653

885117

5,483497411

3,1661,409

),and 2\i l

53,040

53, 9043, 4002,241

15, 792

14,915720

11, 73738, 772

32, 0823, 9492,994

19, 1855, 9546, 690

34, 48820, 8651,148

6805, 670

6575, 949

1.752.694.17

1.632.252.252.38

1.6082.01

12. 018r 2,714

19, 98913,2717,4004, 100

1,099908608685

5, 8712, 509

535299225

9221,211

170

4,1901,4221,106

347834538

228

3,9513,521

472,935

805164

5,178173478

3,0151,512

>ercent bon

53, 370

55, 5543, 5822. 225

10,026

15, 152712

13,5193P. 0.50

32 224' 4. 1293, .590

18, 5315, 9086, 832

35, 10121,419

1,340

0875, 0.58

.5040, 028

o 973 013 23

1.7.52.714.17

1.092.312.382.47

1.7312.09

12,17.5p 2, 701

20,04413, .510

7, .5404, 039

1,180971013737

5, 9042, 510

.542301229

9381,268

176

4, ,5871,4361,111

3,54845042

292

5, 5765, 279

444, 599

823111

5,6271,057

3973,0701,103

d of Marc

54, 328

54, 798 !

3, 6941, 044

10.070

1.5,170728

11.83439, 200

32,4194,3193.098

1 8, 4.50.5. 9400 841

34, 7.5721,100

909

007.5, 009

8220,011

52, 683

.53, 0403, .5992. .54.5

10.20,5

1.5,27.5701

1 1 . 48138, 833

31.8923, 85.53,798

18,2865, 9.536, 941

34. 09321.1.57

1,077

0005. 0.52

6915, 999

1.752.734.17

1 . 752.382.452.50

1.0882.08

1 2, 208'' 2, 098

20,12013.3147,3223. 902

1.129933592706

5, 9922. .521

541300230

9511,273

176

4, 2531,4451,114

393854638

184

5, 1534,953

443,944

826339

5, 455228449

3,4141,363

i 1.5, 1956-,R

1.752.734. 17

1.752.382.382. .50

1.5742.07

12,207P 2, 085

19,71713, 185

7, 1583. 927

1.082909.507073

6,0272, 542

.54.5301232

9501,275

170

3, 9671,4481,117

373914637

181

6,1945,553

435,258

80588

5,105142396

3, 1551,412

8.

51, 162

51, 7293, 7103,006

10,318

1,5,385704

12,04238.310

31, 1033,4153.611

18.2205, 9177. 1.53

34. 79521,172

1 . 278

0775. 057

5400. 021

3 453 233 473 791.752.734.17

1.752.382. 382. 56

1.0,582. 02

12,382p 2, 070

r 1 9. 560T 13,150

7, 0473. 891

1,000893548055

T i\ 1092, 593

,5,5330323.5

1,28.5177

3, 855T 1, 443T 1, 106

429955241

216

10,800- 9,886

449, 816

825115

5.704689404

3, 4251. 180

52. 303

52, 9134.0703, 184

10. 383

15. 444767

10.99838. .503

31.4.503. 6243. 684

18. 274.5. 8747. 107

34. 77020. 7001,695

0005.074

4380, 056

1.7.52.734.17

1.752. 3,52.382.50

1. 023i 1. 9.3

1 2. 438" 2, 050

p 19,784p 13. 320* 7. 109p 3. 0.54

f 1.004p 894p 542" 0.5.5

P 6, 21 1p 2. 042

p 508"307p 239

p 974P 1, 302

p 179

P 3, 913P 1, 438p 1,113

P429p 103"50"39

P211

5,1874, 323

474,186

849105

6,016350367

3, 7751. ,523

52, 863

53, 1524,0212,917

16, 509

15, 554780

10,89538, 983

31, 7193, 5443, 728

18, 5245, 9237,204

34, 86320, .5301,88,5

0595, 090

4036,187

1.752.734.17

1.752.312. 382.56

1.7101.95

12, 531P 2, 037

" 20, 258P 1 3, 707

p 7, 393P 4,147

p } , 094"924P ,554"074

P 0, 374p 2. 722

"589" 319P 245

"990" 1,327

P 182

p 3, 925" 1,441P 1,125

"473p 1 17

p 52"44

"235

4, 6883,809

453,663

828152

5,659172359

3,7911,337

July 1952 SUKVEY OF CUEEENT BUSINESS S-17


1951


berDecem-

ber

1952

January F|]?yll~ March I April May

FINANCE— Continued

FEDERAL GOVERNMENT FINANCE— Con.

Public debt and guaranteed obligations:Gross debt (direct), end of month, total

mil. of doL_Interest-bearing, total do

Public issues _ _ _ _ _ _ _ _ _ _ d o _ _Special issues do

Noninterest bearing _ _ _ _ ___ _do .Obligations guaranteed by U. S. Government,

end of month _ _ _ . mil. ofdoLU. S. savings bonds:

Amount outstanding, end of month doSales, series E, F, and G doRedemptions _ _. __ __ - do ___

Government corporations and credit agencies:*\sset^ except interagency total mil of dol

Loans receivable, total (less reserves) doTo aid agriculture doTo aid home owners doTo aid railroads doTo aid other industries doTo aid banks doTo aid other financial institutions doForeign loans doAll other do

Commodities supplies, and materials doTJ S Government securities doOther securities doLand, structures, and equipment doAll other assets do

Liabilities, except interagency, total doBonds, notes, and debentures:

Gin ran teed by the United States doOther do

Other liabilities do

Privately owned interest doU. S. Government interest do

Reconstruction Finance Corporation, loans andsecurities (at cost) outstanding, end of month,total mil. of dol

Industrial and commercial enterprises, includingnational defense mil. of dol

Financial institutions _ _ _ d oRailroads _ doStates, territories, and political subdivisions doUnited Kingdom and Republic of the Philippines 9

mil. of doL_Mortgages purchased _ _ _ doOther loans do

IJFE INSURANCE

Assets, admitted:All companies (Institute of Life Insurance), esti-

mated totalt - mil. of dolSecurities and mortgages t do

49 companies (Life Insurance Association ofAmerica), total mil. of doL_

Bonds and stocks, book value, total .doGovt. (domestic and foreign), total do

U S Government doPublic utility - _ _ doRailroad doOther .. _ __ . do

Cash doMortgage loans, total _ _ _ do

Farm _ . . _ _ _ d oOther _ _ _ _ _ _ - . d o

Policy loans and premium notes doReal-estate holdings doOther admitted assets . ,. do

Life Insurance Agency Management Association:Insurance written (new paid-for insurance):

Value, estimated total. mil. of doL.Group § doIndustrial§__ . _ . _ ... doOrdinary, total .do

New England doMiddle Atlantic _ .... _ do _East North Central doWest North Central doSouth Atlantic . doEast South Central do._West South Central... ._ . doMountain doPacific.-. _ _ _ ._ _. do

Institute of Life Insurance:Payments to policyholders and beneficiaries,

estimated total thous. of dol. _Death claim payments _ _ _ . _ doMatured endowments doDisability payments __ _ _ _ - doAnnuity payments doSurrender values ___ . _ _ . _ doPolicy dividends do

255, 093252, 729218, 68034, 049

2, 364

29

57, 842295477

882

46295

10420

818336

65, 49658, 759

57, 89437, 45513, 02110, 78710, 3763,017

11, 041804

14.6751,263

13, 4122.1331, 321

r I, 505

2. 384367505

1,51296

36832413317258

13555

171

338, 335149, 15943, 1788,846

31.33852. 48453, 330

255, 222252, 852218, 19834, 653

2,370

29

57, 784289475

25, 18813, 5043, 6751,809

105498

C1)824

6,151627

1,7192,1853,4742,9991,308

2,340

291,378

932

31522, 533

872

46394

10319

758236

65, 72759, 085

58, 09137, 48612, 74110, 48010, 4573,024

11, 263765

14, 9211,283

13, 6392,1461, 3231,450

2, 25830 ti475

1,47793

35631513416658

13849

166

338, 256142, 11642, 9848,247

28, 91650, 89265,101 1

255, 657253, 325218, 61834, 707

2, 332

28

57, 733310481

862

46093

10318

728135

66, 12859, 437

58, 43137, 57412, 65710, 41710, 5033, 033

11,381751

15, 1391,298

13, 8412,1561, 3421,468

2, 183298420

1.46595

34632013017257

13051

164

307, 283135. 42838, 2348,152

28, 47848, 20348, 788

256, 644254, 321219,17435,146

2 323

32

57, 691312436

856

45792

10218

718136

66, 45559, 701

58, 70237, 57212,41010, 10610, 5483, 044

11,570739

15,3651,310

14,0542,1671,3611,499

2, 135251424

1,46093

32332112817458

14253

167

327, 525148,81139 7858,580

29 42650. 23150. 692

257, 353254, 958219,32135, 6372,395

33

57, 662272390

25 66813, 9063 8961,981

104494

(i)755

6, 133720

1, 5152,2363,4723,0251,514

2,383

341,399

949

32222, 962

831

44292

10218

608037

66, 77759, 961

58, 97537, 65212,32610, 05010, 5873, 065

11.67572!

15,5181,319

14,1982,1751,3781.531

i,923189449

1,28581

28428411815554

11647

145

288, 3931 22, 33835 119

7 45326 48342 85554. 145

258, 298255. 940220, 32535,615

2,359

37

57, 666334410

823

43392

10218

608040

67, 18160 347

59, 28237, 77612, 2299 956

10, 6473 088

11,812735

15,6761,330

14,3472, 1821,4011,511

2, 256226481

1,54910434733613219575

13254

174

327, 648147,05940 3778 605

29 54551 96550. 097

259, 604257, 253221, 39135. 862

2,351

43

57, 710315364

819

42891

10218

607942

67, 47660, 514

59, 55637, 75912, 0609 829

10, 7033,111

11,885851

15, 8511,338

14, 5122,1901,4081,497

2,398398453

1, 54710235732813918476

12854

177

315, 371136 82542 4488 311

30 56046 76950. 458

259,419257, 070221,16835, 9C2

2, 348

42

57, 739290401

26 74414, 4224 1612, 142

101488

0)814

6 110779

1 4612 2263 4633, 3581, 813

2, 573

431 3691, 161

32923, 842

803

419849919

607844

67, 98360 919

59, 99937, 94611,8719 657

10, 7813 134

12, 160848

16,0271, 350

14, 6702, 1931 4261, 559

2,478477436

1,56510133333315219968

13860

181

364, 248141 62137 549

7 98827 98747 712

101. 391

259, 775257, 482221, 24936 233

2,294

38

57, 809440492

784

408799919

577845

68, 55461 385

60, 35038, 05611,7679 561

10,8143 150

12, 326924

16, 1851 357

14 8282 1991 4321 554

2,031191382

1,45810233331412616660

14952

156

389, 502167 99546 5609 887

38' 29452 77473. 992

260, 362758 136221,77636 360

2, 226

37

57, 821338410

767

398769618

577745

68, 90761 734

60, 64038, 18711,7069 514

10 84 03 164

12,470851

16, 3361 375

14 9012 7001 4451, 615

2,. 179944454

1,48199

32933312917961

140

160

329, 638148 93438 9848 273

28 8^950 64853.' 980

258, 084255, 794219, 30136 493

2,290

41

57,814330428

26 85814 4224 2392 363

98473

(i)597

6 096731

1 3222 4223 4513 4061 835

2 499

381 7141 247

34924 010

758

390739619

577746

69 25062 125

60, 93838, 38511,5889 436

10 9093 182

12 706785

16 4591 388

15 0712 2171 4641 628

2, 495246530

1,71911338436314420772

17869

190

366, 424155 85141 7388 351

30 82657 16972 489

258, 292256 102219, 35636 746

2 191

44

57, 772313437

746

381719519

577646

69, 60462 500

61, 23738, 58711,5469 409

10 9613 185

12 895773

16 5831 406

15 1762 2261 4711*597

2,571339497

1, 73511540636714220969

16863

197

344, 261149 38838 1118 666

30 67158 47358* 957

259, 905257. 739220, 54037, 198

2, 167

45

57, 739292422

_ _

727

369689516

577646

69, 95962, 789

61, 54738, 69211,2759,151

11,0303, 196

13, 190780

16,7191,423

15,2962, 2361,4831,637

2,803582537

1,68411138834914720567

16164

191

336, 714150 65637 4798 367

29 17555 8955.r» 147.

r Revised. J Less than $500,000. 9Beginning with September, data are for Republic of the Philippines only.JRevisions for January-July 1950 are shown in corresponding note in the October 1951 SURVEY.^Revisions, available upon request, are as follows: Total insurance written, January 1949-January 1951; group, January 1950-January 1951; industrial, 1949.


Unless other-wise stated, statistics through1950 and descriptive notes are shown in the1951 Statistical Supplement to the Survey

1951


berDecem-

ber

1952


FINANCE—Continued

LIFE INSURANCE— Continued

Life Insurance Association of America:Premium income (39 cos.), total___thous. of dol_.

Accident and health doAnnuities doGroup doIndustrial do __Ordinary _ _ do

MONETARY STATISTICS

Gold and silver:Gold:

Monetary stock, IT S mil ofdolNet release from earmark! thous. of dol.,.Gold exports doGold imports do __Production reported monthly total do

Africa doCanada O'ncl Newfoundland) doUnited States do

Silver:Exports _ _ _ _ _ _ - d oImports doPrice at New York dol. per fine oz_Production:

Canada O'ncl Newfoundland) thous offineozMexico doUnited States _ do _.

Money supply:Currency in circulation mil ofdolDeposits and currency, total do

Forî^n banks deposits, net doU. S. Government balances doDeposits (adjusted) and currency, total. -do

Demand deposits, adjusted _ _. doTime deposits doCurrency outside banks do

Turn-over of demand deposits except interbank andU. S. Government, annual rate:

New York City ratio of debits to deposits..Other leading cities do

PROFITS AND DIVIDENDS (QUARTERLY)

Manufacturing corporations (Federal Reserve) :tProfits aft^r taxes total (200 corps ) mil ofdol

Durable goods total (106 corps ) doPrimarvmetalsand products (39 corps ) doMachinery (27 corps ) do

Nondurable poods total (94 corps ) doFood and kindred products (28 corps ) doChemicalsand allied products (26corps ) doPetroleum refining (14 corps ) do

Dividends total (200 corps ) doDurable goods (106 corps ) doNondurable goods (94 corps ) do

Electric utilities, profits after taxes (Fed. Res.)tmil of dol

Railways and telephone cos. (see p. S-23).

SECURITIES ISSUED

Commercial and Financial Chronicle:Securities issued, by type of security, total (new

capital and refunding) . mil. ofdol..New capital, total __ _ _ do _

Domestic total doCorporate _ _ do _ _Federal agencies _ doMunicipal, State, etc do

Foreign doRefunding, total __ . do _

Domestic, total _ __ _ doCorporate doFederal agencies doMunicipal, State, etc .. do

Securities and Exchange Commission :JEstimated gross proceeds, total _ _ do...

By type of security:Bonds and notes, total do

Corporate. doCommon stock . _ ..do _Preferred stock do

By type of issuer:Corporate, total do

Manufacturing doPublic utility _ . - _ . _ _ d o .Railroad doCommunication _ doReal estate and financial do

Noncorporate, total do. _.U S Government doState and municipal _ _ _ do

525, 55361, 93564, 13642, 077

* 66, 285f 291, 120

21, 756-12,947

43,3572,398

r 63, 74538, 90712,913r 5, 239

2737,015.902

1,8542,0973,482

27,519182, 900

2,5006,700

173, 70089, 50059, 30024, 900

30.021.3

1,16194686539860

40780

21521513

1984

1,747

1,6305539026

670343198143

491,077

581412

548, 41251,95759, 18842, 14382, 265

312,859

21, 75646, 27041, 4223,840

r 62, 73838, 23512, 690

r 5, 624

18216, 828

.884

2,4052,0373, 932

27, 809185, 038

2,4247,930

174,68488, 96059, 94825, 776

34.422.2

83949719382

183342

40120118

475273202

195

1,3021,1061,075

70689

28031

19719757

1373

3,985

3,76263715272

861389259263

1263,1252,830

283

502, 61250, 16479, 70843, 92466, 224

262, 592

21, 759-8, 79028, 37412, 165

38, 86912,054

r 5, 167

6654, 686.902

1,7942,7122,758

27, 851184, 500

2,4006,300

175, 80090, 70060, 00025, 100

31.120.9

937810802476

8319

812712429932

1,694

1,52336013239

531158190185275

1,163834321

517,61562, 34157, 15446, 42661,425

290, 269

21, 854136, 97619, 18315, 533

39, 11212,078'6.351

1946.616.902

2,0061,1072,835

28, 155185, 200

2, 3006,000

177, 00091,40060, 30025, 300

27.020.0

634441398248

015143

19219220

1721

1,351

1,219376

5577

508233152923

28843656152

508, 39348, 73060, 24737, 41077, 350

284, 656

22, 013176, 654

3,46214, 341

37, 81912, 564r 6, 100

6784,807.902

1,8966,5622,585

28, 288187,300

2,2007,200

177,90092, 00060, 50025, 400

31.721.8

76242817673

142r334

46111127

475273

r 203

168

986792642337

4026550

194194

20170

4

1,619

1, 5543243135

390160128308

151,230

765269

519, 29656, 99061, 95545, 51872, 254

282, 579

22, 233243, 38126, 3267,896

38, 64613, 243' 6, 330

2506,975.881

1,9834,4933,079

28, 417189, 200

2,1005,500

181, 60095, 00060, 90025, 700

30.420.9

1,28896693746310736829

322322

1628818

1,789

1,555422106127

655314201181663

1,134651397

526, 03159, 73773, 78541, 15160, 787

290, 571

22, 382188, 370

9,3667,302

38, 21413,033

T 5, 415

886,284.880

1,9773,4143,134

28, 809190, 500

2,1005,600

182, 70096, 30060, 60025, 800

31.422.0

976836815517

0297

2214014047894

1,638

1,368403105166

673220267763715

965655302

743, 46571, 169

148, 52248, 449

115,161360, 164

22, 695289, 861

2, 3758,800

37, 77313, 160

r 4, 850

893,656.880

1,9685,5473,219

29, 206193, 404

2.2795,141

185,98498, 23461,44726, 303

37.922.6

932565217123185

r 36852

125148

567325

r242

226

1,093883838562

027645

21120583

10219

1,780

1,545636132104

871487260232624

909601296

549, 11853, 54190, 14460, 16463, 880

281, 389

22, 951137, 45213, 22376, 86438 77638, 77612, 4104,962

1576, 125.880

1,7883,3383,766

28, 386P 191, 600

•p 2, 100v 4, 300

»185, 200p 97, 900p 61, 700P 25, 600

30.120.6

1,23293092954139

3491

302302

1071

221

2,194

2 0634744883

605354186172

151 5891 024' 565

540, 74258, 39272, 42547, 21166, 827

295, 887

23, 190152, 21917,805

168, 12936, 60236, 60212, 343

4,848

5136,177.880

2,0162,6053,430

28, 465v 191, 500

v 2, 200v 5, 900

* 183, 400J> 95, 700* 62, 000* 25, 600

32.521.4

85569766734636

28530

158158

74768

1,698

1 534'31415410

478291112293

131 220

967299

647, 57563, 83184, 83352, 94187, 382

358, 588

23, 290-103,092

1,473158, 600

12, 7654, 647

1428, 126.880

2,0805,3183,854

28, 473p 192, 300

v 2, 200P 7, 100

P 182, 900P 94, 800p 62 400P 25, 700

34.022.0

» 7562>4452> 162

J»81v 170p 312

•P 41v 108P 126

p 482P 273v 210

v 257

1,2201 139

99481238

14414581811363

4

1 649

1 42574816163

97237340012g

2067751514K

520, 59761, 47465, 07746, 67762, 142

285, 227

' 23, 297—75, 357

1,31397, 932

12, 7104,961

5534, 633.880

2,5274,7684, 043

28, 464^ 192, 200

T 2, 200* 6, 300

p 183, 800P 95, 100p 62, 700P 25, 900

34.421.1

1 5761 2731 237

70480

45236

30329940

2

2 161

1 96360613564

805248255344446

1 3577223Q7

583, 17265, 44865, 71846, 68385, 525

319, 798

23,29627, 0842,824

30,060

1,5354,680.854

3,273

28. 767p 192, 900

v 2, 300p 6, 200

p 184, 400p 95, 3-00p 63, 000p 26, 000

34.321.3

2 325

2 0807Q9

16382

9475142471242325

1 3789283Qfi

r Revised. » Preliminary. §Or increase in earmarked gold (—).|Re visions for 1939—1st quarter of 1951 for manufacturing corporations and electric utilities and for January-March 1951 for SEC data will be shown later.

July 1952 SURVEY OF CUREENT BUSINESS S-19


1951


berDecem-

ber

1952


FINANCE—Continued

SECURITIES ISSUED— Continued

Securities and Exchange Commission^ — ContinuedNew corporate security issues:

Estimated net proceeds, total mil. of dol__Proposed uses of proceeds:

New money total doPlant and equipment doTôrkin0" capital do

Retirement of debt and stock, total doFunded debt - -- doOther debt doPreferred stock _ _ d o _ _ _

Other purposes doProposed uses by major groups:

Manufacturing, total doNew money - doRetirement of debt and stock do

Public utility, total _ _ _ do,_ _New money doRetirement of debt and stock do

Railroad, total _ __ __ doNew money doRetirement of debt and stock do

Communication, total doN e w money _ _ _ _ _ _ _ _ _ d oRetirement of debt and stock do

Real estate and financial, total _do_ _New money doRetirement of debt and stock _do _

State and municipal issues (Bond Buyer):Long-term ._ thous. ofdoLShort-term do

COMMODITY MARKETS

Volume of trading in grain futures:Corn - mil. o f b u _ _Wheat do

SECURITY MARKETS

Brokers' Balances (N. Y. S. E. MembersCarrying Margin Accounts)

Cash on hand and in banks mil of dolCustomers' debit balances (net) doCustomers' 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+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 dolFace value _ - _ - _ _ _ _ _ __do

New York Stock Exchange:Market value doFace value _ _ d o _ _

New York Stock Exchange, exclusive of stoppedsales, face value, total § thous. of dol__

TJ. S. Government doOther than U. S. Government, total § do

Domestic doForeign do

Value, issues listed on N. Y. S. E.:Market value, total, all issues § mil. of dol__

Domestic doForeign do

Face value, total, all issues § _ _ _ _ do_ __Domestic doForeign do

Yields:Domestic corporate (Moody 's) percent. _

By ratings:Aaa._ doAa doA doBaa_ _. 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

661

5874331535028149

24

339307

12195189

31414033

0)482721

433, 961162, 557

222434

1,287855681

98.2898.7971.70

117.4131.197.90

69, 82280, 270

67, 37877, 369

67, 8145

67, 80961,3916,408

99, 93898, 2781,369

101, 69299, 4821,910

3.09

2.892.933.153.40

2.903.103.28

2.072.092.63

847

714471242121

54589

12

38433646

255238

1426260321

1247252

335, 166105, 887

185389

3641,275

834680

97.8698.3771.78

116.6128.697.62

54, 04863, 267

51, 19260, 114

55, 3990

55, 39949, 1916,179

97, 81896, 1631,366

99, 95897, 7541,904

3.16

2.942.993.213.49

2.963.183.33

2.212.222.65

521

46935011947261835

15412429

187185

218180

51510

74701

364, 09174, 901

175445

1,266825672

98.4898.9873.10

116.2129.497.93

52, 76766, 368

50, 59062, 649

56, 4002

56, 39845, 69810, 650

98, 45796, 7771,389

99, 97597, 7751,900

3.17

2.942.993 233.53

2.973 193.36

2.062.182.63

500

436342945021273

14

23019831

1501391199033

0)27123

156, 21484, 760

163458

1,260816624

99.2399.7373.66

117.1132.198.90

53, 06560, 666

51,12057, 957

52,1110

52, 11145, 5486,515

99, 27197, 5801,399

100,04597, 846

1,899

3.12

2.882.923.173.50

2.923. 133.31

2.002.042.57

381

3432865833181505

156142

14127124

330300880

14113

249, 43436, 315

249308

1,290843640

98.7299.2272.93

118.0132.099.10

54, 07562, 621

52, 56060, 534

56, 2110

56, 21149, 9606,192

97, 92596, 290

1,34799, 19797, 050

1,847

3.08

2.842.883 153.46

2.893 093.27

2.052.052.56

639

5484041446510532

26

306263

411971781818162

1515

0)62482

381, 580191, 104

220340

1,291853653

98.2998.7873.00

116.9131.398.22

66, 53379, 818

64, 60975, 600

67, 29110

67, 28158, 3508,867

97, 51195, 8761,345

99, 20697, 0631,843

3.13

2.892 933 183.50

2.933 143.31

2.042.082.61

660

570488837242291

18

21418030

262251117661153737

0)14111

299, 109210, 915

286454

1,279805649

97.8298.3072.65

115.3131.697.52

47, 05256, 942

45, 27553, 328

48, 5590

48, 55941, 8956,613

97, 15195, 4271 339

99, 31897, 0751 843

3.20

2.963 023 263 56

2 973 213 42

2.072 072.66

856

77168290554211

29

48042834

2552401522220

25241

23183

265, 503215, 196

242380

3781,292

816695

97.4397.9272. 44

114.8130.996.85

58, 37671, 347

56, 02667, 670

60, 5253

60, 52254, 3256,079

95, 63493, 9201,332

98, 15895, 9201 839

3.25

3.013 063 313 61

3 003 243 50

2.112 102.70

595

559487

72238

150

13

34933111

184177

71717022

0)14111

574,69493, 863

248338

1,289809633

98.0198.4973,48

115.6130.896.27

63, 22975, 892

60, 80272, 524

66, 97168

66, 90359, 3897,399

96, 26994, 5371,349

98, 22195, 9851 836

3.24

2.983 053 323 59

3 003 233 48

2.082 102.74

469

41327813449351317

285238

43110107

329290330

1312

(J)

303, 614156,037

220304

1,280890652

97.8398.3073.39

116.5132.196.77

51,33261, 626

49, 29858, 610

49, 1090

49, 10942, 9126,174

96, 15894, 4311,344

98, 29296, 0601, 832

3.18

2.933 013 253 53

2 973 193 38

2.072 049.71

954

875655221601545

0)19

36633620

393365

281212066

0)20152

150, 618200, 194

191286

1,293756734

98.2698.7573.07

115.9131. 596.87

51, 11359, 745

49, 64057, 821

58, 12330

58, 09352, 1905,858

96, 69994, 9781,338

98, 41596, 1831,831

3.19

2.963 033 243 51

2 993 213 36

2.052 072. 70

789

6884901978013643

22

244226

13250233

1434340

43403

46440

r 456, 005r 172, 674

219364

1,315756818

98 8799.3673.75

116.2132 797.95

59, 01471, 124

57 45667 299

61, 6240

61, 62455 6215 918

97, 35595 6251 347

98 46696 2391 827

3.16

2 933 013 203 50

2 973 193 32

2.032 oi

2 9 fU

929

7556171391711363503

503448

5424222121

12331912222

0)25213

396, 304228, 003

198286

1,312725847

98.8299.3173.70

116.3131.998.91

61, 10472, 093

59, 63269, 663

59, 3230

59, 32353, 3215,933

97,31195, 5831 345

98, 47496, 2491 825

3.16

2.933 003 203 49

2 973 193 31

2 059.57

r Revised. 1 Less than $500,000. 2 Beginning April 1, 1952, series based on taxable bonds due or callable in 12 years and over; prior thereto, 15 years and over.JRevisions for January-March 1951 will be shown later.§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.

S-20 SUKVEY OF CURRENT BUSINESS .Tnlv


1951

May June- July August Septem-ber October Novem-

berDecem-

ber

1952

January Febru-ary March Apri l May

FINANCE—Continued

SECURITY MARKETS— Continued

Stocks

Cash dividend payments publicly reported:?Total dividend payments mil. of dol

Finance _ _ d o _ .Manufacturing doMining doPublic utilities:

Communications do. ...Heat, light, and power do

Railroad do. _Trade doMiscellaneous... do. _.

Dividend rates, prices, yields, and earnings, 200common stocks (Moody's):

Dividends per share, annual rate (200 stocks)dollars..

Industrial (125 stocks) doPublic utility (24 stocks) doRailroad (25 stocks) do ...Bank (15 stocks) doInsurance (10 stocks) ._ do

Price per share, end of month (200 stocks) .-doIndustrial (125 stocks) . d oPublic utility (24 stocks) doRailroad (25 stocks) do

Yield (200 stocks) percent..Industrial (125 stocks) doPublic utility (24 stocks) doRailroad (25 stocks) doBank (15 stocks) doInsurance (10 stocks) do

Earnings per share (at annual rate), quarterly:Industrial (125 stocks) dollarsPublic utility (24 stocks) doRailroad (25 stocks) do

Dividend yields, preferred stocks, 11 high-grade(Standard and Poor's Corp.) percent. _

Prices:Dow-Jones & Co., Inc. (65 stocks).. dol. per share. .

Industrial (30 stocks) doPublic utility (15 stocks) doRailroad (20 stocks) do

Standard and Poor's Corporation:Industrial, public utility, and railroad :§

Combined index (480 stocks). ..1935-39= 100. .Industrial, total (420 stocks) do

Capital goods (129 stocks) do _..Consumers' goods (195 stocks) . do

Public utility (40 stocks) doRailroad (20 stocks) _ _ do _

Banks, N Y. C. (16 stocks) doFire and marine insurance (T7 stocks). _ do

Sales (Securities and Exchange Commission):Total on all registered exchanges:

Market value _ _ _ mil. of dol_Shares sold _ _ thousands..

On New York Stock Exchange*.Market value mil. of dolShares sold thousands-

Exclusive of odd lot and stopped sales(N. Y. Times) ..thousands--

Shares listed, New York Stock Exchange:Market value, all listed shares mil. of dol. .Number of shares listed millions-.

213.235.2

114.62.0

.745.73.58.53.0

4,154.511.872.582. 652.73

65. 3968.8831.9940.04

6.356.555. 856.444.773.49

4.15

92. 57254. 3642.2881.37

173.9189.3181.9167.9110.5147. 5105.6' 186. 9

2,03074, 220

1,74856, 928

38, 457

100, 1 202, 452

1,134.479.4

731.088.7

40.269.850.748.026.6

4.154.531.872.582.632.73

63.4066. 7531.7036.68

6. 556.795.907.034.863.48

7.422.535.52

4.17

90.46249. 32

42. 5578.06

171.7186.9179.2163. 1110.2141.6105. 4

' 186.2

1,33752. 456

1,14340, 667

27. 402

97, 9202, 528

534. 7125.3206. 7

6.1

78.253.711.039. 514.2

4.184. 551.872.582.632.73

67.4571.2832.6739.93

6.206.385.726.464.793.35

4.20

91.29253. 60

43. 7577.04

172.8188.1179.9163.7111.5139.4104.2

M88.4

1,35453,154

1,17142, 438

27, 989

104,6102,557

214.940.6

102.42.5

-47.37.87.85.8

4.114.451.882.582.632.73

70.1074.4633.1340.76

5.865.985.676.334.673.20

4.13

95.19264. 9245.0680.53

1 81 . 5198.3190.7168.0114.4147.1105.8

r!96. 7

1,62659, 483

1,39344, 583

33, 642

108,3072, 568

1,148.481.1

761 . 292.2

40.066. 035. 950.421.6

4.124.471.902 552.632.73

69. 7374.0932.8741.57

5.916.035.786.134.703.28

6 362.444 71

4,16

98.11273. 36

45. 4083.91

187.3205. 2197.1172.9115.8152. 8108.0

r 199. 0

1,70766, 385

1,44548, 204

36. 395

108,9112. 581

533. 9104. 5213.4

7.3

82.356.213.042.015.2

4.094.431.902. 552.632.73

67.9772.0732.9439. 79

6.026.155.776.414.773.44

4.19

97.82269. 7346.0484. 25

185.0202. 3193.3171.4115.2154.7106. 4

r 191.0

2, 04585, 294

1,71460, 208

42, 531

106, 4392, 592

243.353.4

113.71.7

„49.410.98.25.3

3.924.191.902.582.632.73

67.8071.4833.2639.97

5.785.865.716.454.643.47

4.23

94.44259. 6146.2279.73

177. 7193.31S2.6164.6114.7144.2109.0

' 186. 3

1,41365,122

1,19647, 449

25, 677

106, 3092,604

1,819.6212.6

1.134.4152. 1

41.780.969.680.947.4

3.884.131.902. 552.642.84

69.9474.2433. 8540.00

5.555.565.616.384.453.47

8 092 44

12 94

4.28

96. 73266. 0946.7282.30

182. 5199.1189.4167.6115.5150. 5110.2

r 192. 0

1, 50163, 170

1,27944, 886

30, 083

109, 4842,616

505.7107.4169.6

4.7

83.453.217.856.812.8

3.924.181.902.552.642.84

70.9075. 0934.4242.26

5.535.575. 526.034.413.38

4.26

99.39271. 7148.6184.81

187. 1204.3192.4169.2117.0155. 4115.4

' 197. 6

1,92271. 188

1 . 61849, 431

37, 141

111,5802,627

181.442.364.42.3

46.37.1

15.03.3

3.924.181.892.642.642.84

68.3972.0034.4141.59

5.735.815.496.354.503.41

4.22

98.31265.1948.8785. 05

183.2199.1184.7166.0117.5155.0114.5

' 196. 9

1. 59862, 651

1, 35142, 296

27, 195

108,4712, 634

1, 202. 175.9

813. 597.6

25. 574.251.639 824.0

3.924.191.912. 652.602.84

71. 3575. 6334.7345. 28

5.495. 545.505.854.413.37

6 682 475 61

4.16

100. 02264. 4849.8089. 55

185. 2201.4184.4167.2117.7161.3113.3

r 199. 6

1.45163, 006

1,21043, 464

29, 513

113, 0992,644

533. 593.0

1 9.rx 28.2

89.857.624.153. 911.7

3. 944.211.912.652.602.84

68.2971. 7333.9743. 80

5.775.875. 626. 054. 583.41

4.07

100. 24262. 55

49. 1392 19

18?,. 6199.4180.7166. 3116.7164.6110.9

'198.4

1,64766, 676

1,37341.601

28, 963

107,8482,661

233. 544.8

117.73.4

.848.63.3

10.44.5

3. 95

1.912.672.632.84

69. 9673. 5934. 5745. 49

5. 655. 735. 535. 874.573.30

4.04

100. 87261. 6149.2994.61

183.7199.2181.71 66. 1117.11 66. 9111.1203. 7

1,26259, 431

1,07743, 060

23, 586

110,6902.691

INTERNATIONAL TRANSACTIONS OF THE UNITED STATES

BALANCE OF PAYMENTS (QUARTERLY)

Merchandise, adjusted doIncome on investments abroad do

Imports of goods and services, total doMerchandise, adjusted doIncome on foreign investments in TJ S doOther services do

Balance on goods and services do

Unilateral transfers (net) total doPrivate doGovernment do

U S long- and short-term capital (net) total do

Government do

Foreign long- and short-term capital (net) do

Increase (— ) or decrease (+) in U. S. gold stockmil of dol

Errors and omissions do

5, 2854, 103

467715

3, 9353,132

98705

+1. 350

-1,351-99

-1, 252

-392—268-124

+94

+55

+244

5, 0473,849

459739

3.6712,677

90904

+1,376

-1.218-90

-1, 128

oy

— 10—27

-2

—292

+ 173

5, 5204,130

670720

3,5932, 645

111837

+1, 927

-1,204-114

-1,090

—502—422

—80

+404

—709

+84

5 2944, 155

418721

3.9092,965

94850

+1, 385

-917-95

-822

—366—233—133

+183

—555

+270r Revised. » Preliminary.^Revisions for dividend payments for January-March 1951 will be shown later.§Number of stocks represents number currently used; the change in the number does not affect the continuity of the series.

July 1952 SURVEY OF CUEEENT BUSINESS S-21


1951


berDecem-

ber

1952


INTERNATIONAL TRANSACTIONS OF THE UNITED STATES—Continued

FOREIGN TRADE

Indexes

Exports of U. S. merchandise:Quantity _ 1936-38=100 _Value do _Unit value do

Imports for consumption:Quantity doValue do _Unit value do

Agricultural products, quantity:Exports, domestic, total:

Unadjusted 1924-29=100Adjusted _ - do

Total, excluding cotton:Unadjusted - - --do _Adjusted do

Imports for consumption:Unadjusted - - do _Adjusted - _-do

Shipping Weight

Water-borne trade:Exports incl reexports^ thous. of long tons _General imports -- - do _

Value

Exports, including reexports, total1? mil. of dol__By geographic regions:

Africa thous. of dolAsia and Oceania - -doEurope doNorthern North America _ -doSouthern North America doSouth America - do

Total exports by leading countries:Africa:

Egypt _ -- -- do_Union of South Africa _ do —

Asia and Oceania:Australia, including New Guinea- ._ - doBritish Mâlaya - doChina© - -doIndia and Pakistan doJapan - doIndonesia - - -doRepublic of the Philippines do

Europe:France - - - doGermany -doItaly - -do _Union of Soviet Socialist Republics do _United Kingdom - - -do __

North and South America:Canada, incl. Newfoundland and Labrador

doLatin- American Republics, total do

Argentina - ...doBrazil _ _ _ d o ...Chile doColombia _ -doCuba do ._Mexico - do_ _Venezuela do. _

Exports of U. S. merchandise, totalj mil. of dol._By economic classes:

Crude materials thous. of dolCrude foodstuffs do _ _Manufactured foodstuffs and beverages^ - .doSemimanufactures 9 - - do __Finished manufactures 9 do

By principal commodities:Agricultural products total do

Cotton unmanufactured do __Fruits, vegetables, and preparations doGrains and preparations doPacking-house products do

Nonagricultural products, total _ doAircraft, parts, and accessories § - -_doAutomobiles, parts, and accessories §<?__doChemicals and related products cf - do _.Coppercf doIron and steel-mill products - do. _

Machinery, total§cf - --do ._Agricultural doTractors, parts, and accessories § . -_do _Electrical §d1 doMetal working _ . do_ __Other industrial d" do

Petroleum and products doTextiles and manufactures do

260550212

148461311

105132

155174

104107

9,7147,849

1,354

58, 965184, 91 2367, 617255, 641140, 067174, 180

8,07829, 089

8,2704 274

035, 46551, 12215,32724 026

36, 54940,15872, 198

156, 423

255, 597300, 574

20, 23154,61016,21820, 78840, 762

r 60, 95138, 487

1,340

203 953137 88071,443

142,617784 215

354 60293, 53215,912

138 19126. 797

985, 5051,007

110, 50086, 1467, 170

50, 191

220, 75813,01728, 50850, 24715, 68798,82365, 06175, 6.45

250525210

140446319

92117

150177

99109

9,5268,193

1,294

48, 590192, 424338 960236, 890138, 645184, 228

7,31321,821

12, 8744 447

030 46045, 07614 62834 323

39, 53541,78638, 689

1368, 213

236, 888310, 276

24, 36858, 33716, 55321, 93042, 627

r 60, 37939, 531

1,280

148 461135 77674, 229

153 929767 932

310 74450 66016,417

131 76623 552

969, 5833,650

104, 65293, 417

7, 08747, 390

219, 06213 32025, 16053, 22217,02596, 90160, 97477, 546

232484209

137433316

74101

126157

103114

8,8658,033

1,180

56, 394190, 855283, 061202, 521136, 428182,787

6,80423, 893

16, 7635 489

033 75136, 75314, 69231 273

36, 39233, 68820, 505

771, 556

202, 466307, 194

23, 96061, 06017. 40820, 08941, 739

r 59, 48535, 247

1, 179

128 063105 050

72, 807155 010718 524

251 71932 66313, 799

111 02724, 130

927, 7362,565

103, 04889, 6237,246

48, 588

217,58514,01528,74248, 61117,27995, 59076, 38961, 305

250517207

139435313

9099

155151

107116

11, 1717,642

1,269

58, 191200, 481306, 987202, 829146, 970198,322

8, f,3925, 530

14, 9836 003

042 07634, 23715,34135 335

32, 28441,27924, 253

277, 999

202, 826330, 140

25, 22069, 12515, 90219, 35543, 07164, 39139, 025

1,260

152 392118 19078, 471

149 517761 147

276 98532 13917, 099

128 15619, 554

982, 7311,536

103, 27091,8113, 608

48, 614

217. 10815 30122, 95651, 54515, 346

100 05385 14562, 891

249501202

118364307

10686

157125

9195

10, 9316, 673

1, 232

58, 477205, 651329, 003200, 263136, 478177,214

10,62425, 482

13,9364, 887

036, 87039, 45616,22535, 820

32, 29549, 22320.711(3)

97,170

200, 197298, 047

19, 72374, 29211, 62517, 14538, 82959, 53832, 524

1,222

207. 569106, 29765, 570

145, 278696, 886

307, 68570, 78716, 738

115,93518, 734

913, 9152,362

101, 18885, 6442,964

54, 605

193, 72110, 63121, 16346, 35415, 69288 97083, 54062, 354

232469202

141425301

11781

149113

102103

10, 6057,873

1,152

34, 204182, 450346, 768214,669131,348133, 848

7, 53413, 859

14, 3043,648

041, 42240, 8457,177

27, 044

33, 19344, 72724, 825(i)

99, 809

214, 623252 94613, 90451, 822

7 64713,19139,91262, 80527, 636

1,144

272 49898, 24961,709

127,288584, 616

349, 603116,85621, 332

103 92516, 292

794, 757457

75, 81971, 2466, 679

45, 973

172, 0389 384

22, 29436, 48112,05982 23169 76349. 742

279565203

135403298

136103

158138

102108

9,4006, 899

1,386

46, 365271,447377, 370208, 0481 55, 955187, 113

5, 60918, 872

24, 6735,1390)

78, 02758, 12212,42132, 579

40,81247, 48234, 723

096, 012

208, 047327, 314

21, 55871,07312 64118, 94948, 99362, 85040, 122

1,376

299 469109,33973, 422

148, 106745, 882

415 986165, 77120, 978

119 63424, 724

960, 233462

97, 86690, 358

9, 96356, 445

214, 2469 574

24, 40647 22717 391

103 35673 27869. 927

281586208

131390299

148116

157141

9392

8, 3096, 322

1,438

51,379294, 556439, 507180, 6401 55, 024205, 633

4. 03321. 503

26, 0265, 047

082, 35955, 30712,40341 028

48, 15255, 29944, 119

103, 044

180, 639342 62618, 87881,92419 34620, 25644, 16863, 34039, 235

1,428

330 328109,22269, 724

161, 457751,288

r 460 201213, 167

20, 540115 60128, 683

T 967 818573

98, 91789, 03010, 27167, 534

237, 79510 55728, 47848 79918 303

118 84474' 13772, 721

*>46508208

149446300

129123

157163

121116

8,4737, 705

1,250

48, 346222, 488385, 849192, 265136, 049152, 702

7,71822, 106

18, 5583, 884

069, 66544, 58210, 34323. 050

41,07963.15141,611

578, 393

192,265

14, 75057, 90410 46015, 72239, 86655, 45433, 620

1,238

255 350128, 13660, 406

137, 168656,815

377, 024148, 92120, 144

130, 23527, 048

860 8502584

77, 98776, 163

7, 32462, 962

213, 30910 81827, 25141 99519, 823

103 65065, 04956, 162

261540207

147439298

125151

164207

120118

7,3466,888

1,329

55, 557257, 202338 971203, 655149 414188,427

5,75717,416

17, 2464,002

077, 87951, 94211,78625 558

29, 30847, 13740, 372

275, 810

203, 655321 392

14, 14375, 32911 92820, 95749, 40954, 52643, 450

1,317

928 045129, 26574, 126

138, 742746, 658

377 502132, 03919, 489

145 60926, 936

939, 3332 1, 448100, 54278, 6178,685

63,080

240, 60612 34429, 84049 35820, 327

116 64264, 20759, 888

278576207

157474302

121143

178213

122110

1,416

71,130238, 429370,718227, 488157,459201,456

7,88929, 043

20, 9543,792

066, 88450, 35512,44925, 262

42, 68840, 74146, 995

287, 006

227, 469343, 28115,13874, 75715,12520, 84348, 697

' 65, 33648, 276

1,403

188,112175,21663,892

159, 901815, 686

370, 66894, 23619, 383

181,89723, 498

1,032,1382722

109, 74380, 10411,10778, 910

262, 59413, 85634, 68452, 50723, 487

125, 97171, 26469, 462

261542208

154456297

95120

139169

118112

' 1,332

58, 366219, 396269, 985242, 089147,313175, 912

10, 32020, 825

17, 3313,215

047, 32363, 4859,971

21 225

33, 69522, 13237, 381

256, 396

242, 081305 99413,21165, 54311 08318, 34944, 03558, 98744, 977

' 1, 322

157 558135 49456, 354

160, 574<S11 788

292 60173 75?18, 261

142 67616, 303

1 029 1672 1,002

104, 29368, 19213 30872, 864

238, 84113 92730 69851 28221 275

111 73474 34357. 290

~

1, 461

1,446

r Revised. * Less than $500. 2 Data beginning January 1952 exclude additional items classified as "special category." See note "§". ^ Total exports and various component itemsinclude shipments under the Mutual Security Program (formerly the Mutual Defense Assistance Program) as follows (mil. of dol): May 1951-May 1952, respectively—129.2; 115.1; 85.0;115.3; 81.2; 58.8; 84.1; 59.6; 65.0; 78.7; 94.2; 153.7; 230.6. Beginning July 1950, certain items classed as "special category" exports, although included in total exports, are excluded from water-bornetrade and from area and country data. O Including Manchuria beginning January 1952.

9 Data for semimanufactures reported as "special category, type 1" are included with finished manufactures.§ Excludes "special category" exports not shown separately for security reasons.O"1 Data beginning January 1951 have been adjusted to conform to the 1952 revision of the export schedule.



1951


berDecem-

ber

1952


INTERNATIONAL TRANSACTIONS OF THE UNITED STATES—Continued

FOREIGN TRADE— Continued

Value— Continued

General imports, total thous. of dol._By geographic regions:

Africa do_ _Asia and Oceania _ __ _ do_ _Europe doNorthern North America - doSouthern North America doSouth America _ _ _ _. _ __ _ do

By leading countries:Africa:

Egypt doUnion of South Africa _ _ - d o

Asia and Oceania:Australia including New Guinea doBritish Malaya _ _ _ - -doChinaO doIndia a n d Pakistan _ _ _ _ _ _ d o _ _Japan - do _Indonesia - - - - doRepublic of the Philippines _ _ do _ _

Europe:Erance doGermany _ _ _ _ doItaly doUnion of Soviet Socialist Republics do_United Kingdom do

North and South America:Canada, incl. Newfoundland and Labrador

thous. of dolLatin -American Republics, total do

Argentina _ _ _ doBrazil doChile _ _ _ _ d oColombia doCuba _ _ _ do -Mexico doVenezuela _ do

Imports for consumption, total _ _ _ doBy economic classes:

Crude materials doCrude foodstuffs doManufactured foodstuffs and beverages doSemimanufactures do . _Finished manufactures do

By principal commodities:Agricultural products total - do

Coffee - - - - _ d oHides and skins - doRubber, crude, including guayule do _.Silk unmanufactured doSugar -- doWool and mohair, unmanufactured do

Non agricultural products total doFurs and manufactures - do _Nonferrous ores, metals, and manufactures,

total thous of dolCopper incl ore and manufactures doTin, including ore _ do

Paper base stocks do _Newsprint - do

P

1,017,662

76, 227242, 745189, 573202, 106

99, 429207, 582

12, 93612, 697

62, 04824, 551

2,88632,11726, 81019, 52630, 382

28, 06621,41410, 9671.625

45, 712

202, 098291, 55829, 97568, 52822, 07627, 17633, 02626, 37330, 966

945, 753

297, 658171, 15691, 544

221, 239164, 156

452, 405100, 70113,03852, 026

1, 21633, 98584, 690

493, 3478,537

57, 42523, 3088, 036

38, 59843, 52552, 425

929, 967

55, 326235, 728179, 867191, 89995, 510

171, 637

5,16114, 390

49, 93336,3152,062

36, 32016, 55717, 23625, 501

21, 37524, 66812,4752,790

38, 701

191, 748251, 10916, 80565, 06815, 55726, 89434, 07323, 95127, 294

914, 641

299, 779147, 56392, 570

216, 715158,015

428,16690, 65713, 39969, 3691,287

32, 39970, 964

486, 4758,913

71, 74024, 45712, 93044, 99541,36152, 783

894, 449

39, 758226, 954176, 482189, 588100, 529161, 137

2688,561

22, 85952, 373

2, 24232, 40115,01324,91123, 374

21,23925, 3759,7632,014

44, 311

189, 287248, 39811,97054, 67010,81537, 20339, 11726, 07026, 733

886, 975

293, 043136, 44992, 926

198, 969165, 588

405, 55386, 89715,18787, 733

1, 03538, 65548, 000

481, 4227,503

67, 45023, 49313, 09042, 18142, 99448, 447

880, 376

40, 225229, 332161,084192, 50784, 507

172, 721

7897,851

39, 26539, 001

1,63424, 39418, 24629, 66522, 302

24,81221, 18310, 6983,259

39, 499

192, 194244, 52210, 48665, 70618, 24733, 56340, 38118,88525, 827

893, 004

289, 229144, 00888, 418

204, 965166, 383

413, 04887, 99014, 54076, 837

1,62538, 04357, 856

479, 9568,061

78, 19330, 74410, 25135, 29747, 69544, 664

721, 206

26, 035158,167146,416171,896

75, 948142, 743

2755,472

7, 10532, 2281,241

17,48712, 29719, 68919, 201

16,33218, 4529, 5021,141

33, 228

171, 259208, 149

8,22162, 97613, 86322, 85134, 51220, 55422, 208

746, 018

237, 610122.01076, 220

169, 268140, 909

333, 76380,71914, 22059, 2822, 003

30, 06334,142

412, 2555,406

57, 99725, 671

5, 86031,19138, 75843 122

833, 568

40, 409143, 779147, 819218, 30890, 174

193,079

6609,699

14, 91927, 878

1,13619,98914, 36919, 38917, 381

15,45520, 3218,9093,311

33, 436

217, 924264, 926

6,64383, 44018, 43734, 30735, 50926, 42630,119

872, 459

256, 985166, 93293, 424

192, 616162, 502

389, 202117,074

9, 75752, 9062,549

30, 20742, 153

483, 2587,515

70, 34923, 34414, 28736, 40350. 00951 081

818, 464

37, 660146, 597157, 343199, 68488, 491

188, 689

81211,002

9,61626, 4792,719

19, 06215, 89417,29715,882

13, 63517,00312, 3643,088

40, 318

199, 668260, 158

6,84389, 60718, 19734,61131, 42127, 15225, 822

826, 931

213,015184, 84380, 727

183, 276165, 070

378, 805127,025

5,82854, 4892, 059

24, 37930, 583

448, 1265, 860

59, 78221 8144,156

31, 02547, 95148 415

800, 424

34, 967151, 797152 982190, 05093 180

177, 449

1, 0636,470

22, 48616,9074,725

19,31715, 02120. 07515, 85S

15,17214, 80912, 9532, 251

35, 445

190, 045249, 594

7,91285, 000' 11,633

36, 59613,32532, 84927,014

800, 271

216,336187, 54058, 588

183, 515154, 292

360, 365138, 847

5 15443, 9971,7307, 566

35,215439, 906

9,536

65, 16819, »717,871

30, 47944, 79948 103

921, 625

68 441172, 961175 945187, 047127 586189, 645

IB 45311,844

8 51838, 536

4 90222, 43717 77229, 70414, 785

20, 36417, 50911,3211,150

39, 013

187, 046293, 254

8,29469, 82892 24642 Oil30, 57741,16933, 927

914, 896

269, 233193 77979, 333

205, 092167, 459

437, 299134, 047

5,49380, 3933,865

25, 98737, 906

477, 5976,571

65, 59428 638

2, 55233, 44742, 23060 458

892, 267

68 605183,051153 836177 067131 814177, 895

18 90710, 066

16 60539, 3665 068

27, 96014 52023, 28117, 213

14, 73715, 99913,019

50631, 127

177,063287, 913

7,30980, 42613, 50233, 95232, 48036, 17729, 889

901, 031

269, 834207, 047

75, 511186, 323162, 316

439, 207153, 943

4,02773, 8212,728

29, 39433, 648

461, 8236,352

75, 67722, 2855, 516

31, 72743, 24653 717

962, 529

75 854205, 720169 630195 588138 086177, 651

13 39712, 832

12, 29365, 3144,911

22, 90518, 59321,92121, 284

13, 94016. 43212, 5933,166

39, 917

195, 490292, 735

9,88474, 50720,31728, 32941, 92739, 68530, 856

971, 630

300, 122193, 30592, 714

216,172169, 317

434, 935138, 108

4,23880, 7302,504

43, 38233, 850

536, 6968,106

132, 57327, 39322, 37029, 32644, 96055, 321

931, 800

56 085203! 052174 429189' 642135 787172, 804

2 ^738,994

21 91642, 2973 699

27, 42214 93528, 09816, 624

14, 01014, 67812 3712,220

47 2G7

189, 532289, 5f)310, 90066, 86315, 12428, 07147. 53137. 49734, 78S

935. 067

293, 2S6172 61291, 061

205, 582172, 527

408, 335115, 485

6,22375, 9271. 816

41. 83237,711

526. 7?.27,767

129, 09024 90631,07624, 64945. 58759 250

834, 800

843, 200

TRANSPORTATION AND COMMUNICATIONS

TR AN SPORT ATION

Airlines

Operations on scheduled airlines:Miles flown revenue thousandsExpress and freight carried short tonsExpress and freight ton-miles flown thousandsIVIail ton -miles flown doPassengers carried, revenue doPassenger-miles flown revenue do

Express OperationsOperating revenues thous of dolOperating income do

Local Transit LinesFares, average cash rate - - centsPassengers carried, revenue _ _ - millions-Operating revenues thous. of dol

Class I Steam RailwaysFreight carloadings (A. A. R.):cf

Total cars thousandsCoal doCoke -_ — doForest products doGrain and grain products do _Livestock _ _ doOre doMerchandise, 1 c 1 doMiscellaneous — do _.

30, 81319, 08511, 9025,0351,804

859, 130

18, 8956

10. 52311,117

127, 300

r 3 977r 661

r81' 243'216MO

'417'375

«• 1, 945

29, 31817, 17310, 3274,8051,866

922, 856

17, 852*18

10. 52311, 048

120,500

4,03971083

24121634

452366

1,937

32, 22915, 5439,7394,612' 1, 852

914, 367

17, 172d%

10. 5645989

117, 300

2,99244463

16821227

356268

1,454

32, 55117, 90911,3185,0291,960

956, 974

17, 38976

10. 60101,016

124, 800

3,29158966

19421734

361296

1,533

31, 52917, 85311,1654,9381,895

934, 584

17, 845146

10. 66421,012

114, 800

4,14275579

22725469

422368

1,967

32, 14419, 10612, 2035,717

r 1, 895919, 952

18, 27337

10. 68131,103

130, 200

3 47865364

18921973

312304

1,664

30, 29017, 78311,4925,9931,664

812, 028

18, 72565

10. 70321,072

127, 800

3,15564266

17521051

202285

1,524

30, 97319, 12112, 4447,9661,571

834, 298

22 74644

10. 82241,105

139, 200

3,52276082

19824046

118331

1,747

32, 22118, 48411,9115,8711,576

851, 723

20, 14377

10. 88081,071

128, 500

2 82862766

1651973470

2631,405

30, 89616, 26911, 7345,6881,520

799, 871

20, 06197

11. 05601,012

123, 900

2 88658765

1721953376

2941,463

33, 36319, 14213, 0395,6811,733

926, 746

20, 09046

11. 08521,069

126, 500

3 624686

7921823437

105377

1,888

33, 96119, 24712, 894

5, 6551,892

995, 994

19, 98219

11. 19221,060

129, 400

2 91249853

17516236

211297

1,480

11. 25791,054

3 67760768

20120442

403350

1,803T Revised. <* Deficit. ©Including Manchuria beginning January 1952.cf Data for May, September, and December 1951 and March and May 1952 are for 5 weeks; other months, 4 we



1951


berDecem-

ber

1952


TRANSPORTATION AND COMMUNICATIONS—Continued

TR AN SPORT ATION— Continued

Class I Steam Railways— Continued

Freight carloadings (Federal Reserve indexes):Total unadjusted 1935-39=100

Coal doCoke doForest products __doGrain and grain products _ do_ _Livestock _ _ d o _ _Ore doMerchandise, 1 c. 1 -doMiscellaneous -_ do_-_

Total, adjusted doCoal _ doCoke doForest products _ - - _-doGrain and grain products doLivestock _ _ _ doOre doMerchandise, 1. c. 1 _ _ _ do __Miscellaneous do

Freight-car surplus and shortage, daily average:Car surplus total number

Box cars do __Gondolas and open hoppers do

Car shortage, total -doBox cars doGondolas and open hoppers do _

Financial operations (unadjusted):Operating revenues total thous. of dol

Freight _ _ _ _ . . _ d o _Passenger - __do

Operating expenses - - _-doTax accruals, joint facility and equipment rents

thous. of doL-Net railway operating income doNet income J do

Financial operations, adjusted: §Operating revenues total mil. of dol

Freight doPassenger do

Railway expenses -- do _Net railway operating income doNet income 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 IT S ports - thous. of net tons. _

Foreign doUnited States - - do

Panama Canal:Total thous. of long tons

In TJnited States vessels do

TravelHotels:

Average sale per occupied room dollars. -Rooms occupied percent of total. _Restaurant sales index same month 1929= 100. .

Foreign travel:TJ S citizens arrivals numberU S citizens departurescf doEmigrants doImmigrants doPassports issued do

National parks, visitors thousands__Pullman Co.:

Revenue passenger-miles millionsPassenger revenues thous. of dol

COMMUNICATION S

Telephone carriers:©Operating revenues thous. of dol

Station revenues doTolls, message do

Operating expenses before taxes doNet operating income doPhones in service, end of month thousands..

Telegraph, cable, and radiotelegraph carriers:Wire-telegraph :

Operating revenues thous. of dolOperating expenses incl depreciation doNet operating revenues do

Ocean-cable:Operating revenues doOperating expenses incl depreciation doNet operating revenues do

Radiotelegraph:Operating revenues do _Operating expenses, incl. depreciation doNet operating revenues do

13511120816012457

29648

14913311121015414164

21248

148

8,3001,203

4349,8584,7603,929

r 888, 608r 752, 433

70, 657r 691, 046r 120, 045

r 76, 71749, 225

855.1719.171.5

793.561.630.2

58, 7641.3422,638

10, 1615,9804,181

2,6951,286

5.79'79251

51,41357, 9811,809

17, 94535, 678

920

7668,075

318, 790185, 965110, 775226, 64740, 39139, 406

16, 23514, 1991,157

2,2271,736

267

2,4911,968

394

13712021215812549

32147

14813112021715212361

20747

144

21, 67715, 463

1339,7213,0655,641

855, 753710, 73280, 641

677, 685

114, 13863, 93050, 192

871.3728.577.9

795.475.944.0

56, 6431.3233,093

10, 0605,7254,334

2,6321,170

6.3281

252

58, 96782, 6962,211

23, 60539, 6532,107

85010, 363

318, 428186,604109, 396222, 99840, 41839, 555

16, 07214, 0331,173

2,1491,693

241

2,4561,982

347

13097

209143156

50325

4414312597

21514313061

20345

142

28, 06213, 10911,9288,6132,7164,873

816,812674, 00880, 602

683, 824

91, 05341, 93516, 366

818.4682.773.9

774.843.612.9

53, 2841.3333,190

2,5991,280

6.0375

219

74, 20386, 087

17, 94327, 4113,547

7669,299

317, 948185, 072110,185232, 64135, 50539, 707

15, 42215, 127

4569

2,0821,768

106

2,3751,974

283

13712220615515164

31347

14513312221514814067

20947

144

4,4221,412

018,1547,5319,359

909, 945758, 75983, 830

700, 651

128,41280, 88155, 497

854.3712.274.8

806.547.816.0

60, 0171.3263,287

2,7741,179

6.6879

243

95, 97875, 493

18, 02024, 6703,474

7879,531

326, 328187,231116, 208235, 86437,81539, 889

16, 36015, 057

456

2,1421,712

224

2,4551,984

365

14413020915314810730848

15413313021114213281

20546

143

3,640164

414, 9024,1819,231

855, 929716, 394

74, 092660, 408

119, 79775, 72550, 255

873.2734.374.4

793.979.349.5

58, 1311.2982,918

2,6851,210

6.5883

246

86, 84951, 862

19, 00117, 3981,681

7859,567

320, 205188, 477108, 331225. 65829, 42940, 066

15, 72514, 623

371

2,1841,674

315

2,4531,946

400

14613420215215412826748

15713513420614415483

18046

144

2,5938619

19, 0456,235

10, 168

965, 552816, 18271,129

699, 508

144, 144121,90097, 840

897.0751.272.7

818.278.847.2

61, 8381.3742,718

2,7291,289

6.7985

244

65, 53546, 549

25, 84719, 602

842

7949,663

335, 579194, 221117, 636238, 00538, 97040, 279

17,17315, 0091,395

2,3661,665

509

2,5692,022

441

14014021814915688

17447

14913714021815215970

18046

144

3,375203

48,5862,4595,311

903, 864743, 29671, 795

672, 482

136, 37395, 00868, 058

907.1745.575.1

818.089.156.3

56, 7401.3692,697

2,571907

6.8377

243

51,31544, 084

28, 34718, 364

353

7889,579

334, 449196, 380113, 990235, 78539, 64740, 451

16, 12014, 679

720

2,2351,669

378

2,5322,036

388

123127216128135657343

13413312720614414368

23544

142

7,8551, 456

2983,8891,2012,336

902, 695689, 29888, 238

649, 044

118, 479135, 172150, 661

925.4727.086.6

778.7146.7113.9

52, 6641.3723, 354

2,9151, 205

6.1865

218

53, 58752, 188

26, 50117, 592

216

7809,531

341,381199, 422117, 526242, 79340, 85540, 679

17, 42315, 5481,317

2,4481,730

517

2,7262,156

495

128133214139146646444

13814113320315514667

25646

151

11, 2553,3961,8593,9061,4302,014

867, 034712, 90682, 343

685, 369

115, 59866, 067

r 41, 364

54, 7001.3673,089

2,6371,004

6.3777

242

50, 85754, 537

24, 86227, 374

267

98512, 072

339, 151198, 907115,814240, 03039, 07740, 127

16, 78915, 191

717

2,1991,752

236

2,6692,099

443

126120203140137576947

14013612019214614072

27749

149

8,1851,0122,0843,9921,7471,550

844, 966704, 30173, 470

649, 687

119, 38575, 89549, 244

54, 0891.3702,697

2,6191,011

6.3979

240

61, 68271, 370

19, 20527, 806

336

88610, 808

332, 063196, 952110,319231,91439, 70240, 314

15, 87514, 328

716

2,1141,733

192

2,5102,013

372

124111198141128537548

14213311119614113966

25747

149

9,2642,1611,5162,621

845993

875, 471729, 286

74, 077675, 135

123, 69776, 63950, 239

55, 9491.3722,759

3, 1151,130

6.2477

225

65, 24968, 599

23, 897

383

86710, 655

345, 353202, 195118, 143238, 95442, 43740, 516

16, 80114, 9231,016

2, 2371,759

274

2,5922,094

388

12310316314211565

19547

13912610316614213073

21246

141

17, 1004,1083,3391,874

365857

r 847, 478r 702, 145

* 71, 906r 667, 433

107, 732•• 72, 3 13

45, 341

52, 1471.4122,684

3, 0391,035

6.7479

251

626

7629,343

124101178131116

5929245

13812210117912613266

21245

137

24, 36311,1532,5542,296

704959

870, 315720, 13875, 955

676, 418

110, 92782, 970

2,9791,188

6.2078

266

1,049

r Revised. * Preliminary. <* Deficit. JRevised data for April 1951, $46,870,000.§Discontinued by the compiling agency after December 1951.cfData exclude departures via international land borders; land-border departures during the 12 months ended June 1950 amounted to less than 1 percent of total departures.OData relate to continental United States. Beginning January 1952, data exclude reports from several companies previously covered and include figures for some not included in earlier

data.

S-24 SUKVEY OF CURRENT BUSINESS Julv 10.52


1951


berDecem-

ber

1952


CHEMICALS AND ALLIED PRODUCTS

CHEMICALS

Inorganic chemicals, production: $Ammonia, synthetic anhydrous (commercial)

short tonsCalcium arsenate (commercial) thous of IbCalcium carbide (commercial) short tonsCarbon dioxide, liquid, gas, and solid©

thous of IbChlorine, gas short tonsHydrochloric acid (100% HC1) do

Nitric acid (100% HNOs) short tonsOxyCTen (high purity) mil of cu ftPhosphoric acid (50% HsPO^ short tonsSoda ash, ammonia-soda process (98-100%

Na_CO3) short tons_.Sodium bichromate and chroma! e doSodium hydroxide (100% NaOH) _ -.do __.Sodium silicate, soluble silicate glass (anhy-

drous) short tonsSodium sulfate, Glauber's salt and crude salt

cake short tonsSulfuric acid (100% H2SO4):

Production doPrice, wholesale, 66°, tanks, at works

dol. per short ton__Organic chemicals:

Acetic acid (synthetic and natural) , productionthous of Ib

Acetic anhydride, production doAcetylsalicylic acid (aspirin) production doAlcohol, ethyl:

Production thous. of proof galStocks total do

In industrial alcohol bonded warehousesthous. of proof pal..

In denaturing plants _ _ _ -do_ _Used for denaturation t doWithdrawn tax-paid ._ _ . do ._

Alcohol, denatured:Production thous. of wine galConsumption (withdrawals) . _ doStocks _ _ . . - _ _ _ d o _ .

Creosote oil production thous of salEthvl acetate (85%), production thous. of IbGlycerin, refined (100%, basis):

High gravity and yellow distilled:Production thous. of IbConsumption _ _ doStocks do

Chemically pure:Production doConsumption. _ ._ _ . doStocks do

Methanol, production:Natural (100%) thous. of galSynthetic (100%) do

Phthalic anhydride, production __ thous. of Ib

FERTILIZERS

Consumption (14 States)§ thous. of short tons_.Exports, total short tons

Nitrogenous materials _ _ _ _ _ _ _doPhosphate materials doPotash materials _ _ _ _ . _ d o

Imports, total _ doNitrogenous materials, total do

Nitrate of soda doPhosphate materials _ _ d oPotash materials _ do

Price, wholesale, nitrate of soda, crude, f. o. b. cars,port warehouses dol. per short ton

Potash deliveries short tonsSuperphosphate (bulk)-

Production . _ doStocks, end of month do

NAVAL STORES

Rosin (gum and wood) :Production, quarterly total drums (520 lb.)_Stocks, end of quarter doPrice, gum, wholesale, "WG" grade (Sav.), bulk

dol. per 100 lb_.Turpentine (gum and wood):

Production, quarterly total _ _ _ bbl. (50 gal.)- -Stocks, end of quarter doPrice, gum, wholesale (Savannah) __dol. per gal_.

146, 9156,196

65, 310

131, 068209, 02458, 4611,838

115, 2861,863

157, 086

458, 21711,858

262, 881

47, 602

83, 339

1,151,068

20.00

43, 22488, 8161,283

46, 17391, 087

72, 22118, 86652, 5641,721

28, 06327, 4988,944

12, 7089,235

7,8828,211

19, 026

11,0988, 263

27, 399

15914, 61421, 141

'979285, 76827, 532

238,1657,286

282, 314226, 82998, 278

7,93623, 122

53. 50110,777

1,036,724832, 284

8.90

.79

132,1586,792

64, 514

130, 473202, 69357,072

318115, 398

1,748147,392

434, 39911,011

252, 282

41,210

81, 196

1,066,421

20.00

39, 45882, 9681,007

35, 76799, 684

74, 41125, 27343,6111,178

23, 32223, 7408, 795

11,8227,315

6,3147,173

18, 664

10, 5757,003

27, 787

18014, 75919, 678

509217, 76023, 433

176, 3008,812

215, 065137. 98174, 87414, 59447, 929

53.50101.663

877, 081919, 900

569, 450601,000

8.90

193, 220152, 490

.78

146, 5924,092

65, 421

140, 799210,47757,111(i)

124, 4021,799

1 57, 760

434, 89210,388

256, 713

35, 730

72, 396

1,077,216

20.00

40, 77886, 306

799

35, 563101,244

77. 19024, 05443, 6552,258

23, 34822, 3819, 762

11,6776,479

3, 6616, 405

17,297

6,9708, 324

24,914

17614,84521, 524

302307,411

25, 762269, 841

9.049

151,83779, 69233, 0657,871

52, 158

53. 50106 134

822,1161,095,216

8.23

.73

146, 664900

68,170

157, 59021 5, 72956, 005

(i)123, 996

1,824163 038

419,98710 966

262, 683

46, 978

74, 974

1 , 074, 257

20.00

43 76785 5931 134

44, 599107 722

73, 52534,19642, 5093, 033

22, 75721,03010,87511 7836, 134

5 4166, 976

16 165

10,6766,947

24, 883

18015, 53621, 241

349297,01013,139

259, 66811,585

194,530128,011

58 48717,15437,152

53 50112 498

850 0091,240 213

8.33

.68

147, 508(i)

67, 255

127, 406212,08356, 881(i)

124,3041,829

151, 677

403, 0281 0. 660

259, 727

42, 666

80, 037

1,046,075

20.00

39, 30986, 343

945

40, 945101,740

71,10330 63639. 9943, 595

21,42122 39210, 25211,1865,697

6, 0616,072

15,556

10,5406,714

25, 943

17215, 43118. 883

494235, 05316, 570

183, 34414, 197

147,13789, 10541, 76810, 79837, 708

53. 50113 326

811,5431,268,280

579, 940005, 530

8.67

195, 260179, 300

.75

155, 913(i)

71,011

108, 103224, 250

59, 920818

132, 2861,907

154 060

430, 62211, 276

275, 224

49, 485

81,120

1 ,099,964

19.90

37. 95286, 070

1,056

47, 336103,927

66, 46537, 46243, 3623,016

23, 72327, 2326, 645

12, 0515.441

5, 5296.718

14, 735

11,7477, 874

26, 524

19315, 95021, 773

708315, 16026, 483

267, Oil8,854

190, 328121,424

53, 4011,426

54, 721

53 50114 311

923, 9661,245,504

9.07

.80

156, 692(i)

69, 730

84, 823219,25059, 6391 152

133, 7901,938

153 432

389, 48710, 550

269, 387

48,116

75, 057

1,130,831

20.00

35, 26271, 798

1,046

40, 47791, 184

61,80329, 38145, 5823, 161

24,41524, 186

7,47712,3018,144

5, 1295, 677

15,623

11,0787, 305

26, 884

17516, 50319,926

742220, 30527, 772

130, 1596,772

155,601105 87736 3959,210

28,131

57 00119 074

954 6511 183 481

9.40

.80

161,681(')

69, 095

82, 105228, 94958, 2223 194

135, 5161 , 934

153 463

374, 20410, 276

272, 799

43, 268

69, 408

1 , 179, 263

20.00

34, 87467, 032

952

39, 73289, 377

59. 29830, 07942, 072

2,417

22, 46421,9448, 333

11 2933,887

4,8495, OS7

1 5, 28 4

9, 6816,407

25, 483

11517, 22420, 694

604209 754

27, 032145, 540

5, 433

168 737101 457

41 78014 79744 934

57 00121 535

893 6391 163 982

507, 600748 700

9.40

167 540197, 630

.80

158, 848(i)

72, 178

88, 124230, 271

00, 1913 970

140, 9702,019

151 922

367, 38011,224

263, 320

45, 705

72, 078

1,165,350

20.00

37 71159. 3581 185

42, 25394, 742

58, 96035, 78248, 919

1,99296 10024 75910, 47610 0354, 359

6 1925, 798

10 219

I1 5297,976

26 582

19214 22018, 844

1, 153901 559

20 560154,701

9 050

220 107152 137

54 0518 588

50 133

57 00114 903

962 2471 2^3 588

9.40

.80

151, 632C1)

67, 788

91,614215,570

57, 9063 100

128, 9782,008

151 684

337,7109,722

247, 734

43, 599

67, 363

1,131,289

20.00

30 20145, 8871 073

42, 42194 645

58, 97135, 07344 935

1,788

24 00021,38813, 00811 5594 100

5 0475 521

17 447

11 1137? 219

26 685

17313 75519] 462

1,348914 991

28 775161, 570

7 019

209 047105 80072 81417 75109 518

57 00123 582

1 033 4491 217 295

'8.05

.76

172,0990)

67, 974

' 94, 014229, 472

58, 8083 010

144, 090'2,156

T 168, 272

372, 5998, 590

'271,996

40, 852

' 73, 973

1,174,830

20.00

29 13842,7111 178

41,12995 360

54, 93740, 42340, 9221,861

21 91421,49114, 035

r 13 54t»5,470

6 7455 017

18 104

11 7017 398

28 107

18513 95121, 519

1,827191 201

10 802103, 553

7 409

257 555180 092

59 90021 55127 731

57 00140 025

1 101 4541 046 710

392, 400722 580

28.70

127 940194, 450

2.66

177,059(0

GO, 001

107. .502217, 03853, 129

1 59fi137, 924

1,949171 463

303, 5790 428

258, 521

30, 794

65, 646

1, 108, ,573

20.00

20 38027, ,p,9i1 947

33, 85795,085

53 79041 i 95934, 10S

1, 755

18 30820, 28212,09314 AOl4 419

6 7"00 38,5

17 578

12 r0^7 040

99 435

16113 40)^21 34S

1,819204 1 59

1 5 °%173, 431

fi 1 \~

174 07190 7^918 70017' 51090 OH1

57 00125 000

rl 137 2"0r §97 gig

28.55

2.61

20.00

20, 00282, 369

51,97430, 39530 530

1,395

10, 4721 9, 9808, 550

[ 7 5380 239

17 013

7 1787 015

28 382

1, 104

1 57 711

1 082 044'1 008 815

2 8. 55

i 2.^5' Revised. i Not available for publication. 2 New York price. {Revised data for January-October 1950 are available upon request.GReyised beginning January 1951 to exclude amounts produced and consumed in the same plants manufacturing soda ash.fRevised series. Data shown prior to the November 1951 SURVEY represent alcohol withdrawn for denaturation.§Figures exclude data for Virginia; effective January 1951, this State reports quarterly. Data for Virginia (thous. short tons): 1951—April-June, 286' July-September 91- October-Decem-

ber, 111; 1952—January-March, 322.



1951


berDecem-

ber

1952


CHEMICALS AND ALLIED PRODUCTS—Continued

MISCELLANEOUS

Explosives (industrial), shipments:Black blasting powder thous. of Ib _High explosives do

Sulfur:Production long tonsStocks do

FATS, OILS, OILSEEDS, ANDBYPRODUCTS

Animal fats, greases, and oils:JAnimal fats:

Production thous. oflb_-Consumption, factory _ _ do _Stocks, end of month _ do

Greases:Production doConsumption, factory - - - doStocks end of month do

Fish oils:Production doConsumption, factory _ _ doStocks end of monthcf do

Vegetable oils, oilseeds, and byproducts:!Vegetable oils, total:

Production, crude mil. of IbConsumption, crude, factory doStocks, end of month:

Graded"1 _ doRefined do

Exports thous of IbImports total do

Paint oils — _ doAll other vegetable oils do

Copra:Consumption, factory short tons__Stocks, end of month doImports do

Coconut or copra oil:Production:

Crude __ thous. of IbRefined do

Consumption, factory:Crude doRefined - _ _ _ do

Stocks, end of month:Graded" - - - do __Refined do

Imports - doCottonseed:

Receipts at mills thous. of short tonsConsumption (crush) doStocks at mills, end of month _ do

Cottonseed cake and meal:Production short tonsStocks at mills, end of month _ _ do _

Cottonseed oil, crude:Production thous of IbStocks, end of month do

Cottonseed oil, refined:Production _ _ _ doConsumption factory do

Iri oleomargarine - - - doStocks, end of month doPrice, wholesale, drums (N.Y.)*___dol. per lb__

Flaxseed:Production (crop estimate) thous of buOil mills:

Consumption doStocks, end of month do

Price, wholesale, No. 1 (Minn.) dol. per bu__Linseed oil, raw:

Production thous. of lb_-Consumption, factory _ -doStocks at factory, end of month doPrice, wholesale (N. Y.) dol. perlb--

Soybeans:Production (crop estimate) thous of buConsumption, factory doStocks, end of month _ _ _ _ do __

Soybean oil:Production:

Crude thous. of lb__Refined _ _ _ _ _ _ _ _ d o _

Consumption, factory, refined doStocks, end of month:

Crude doRefined - - -do _

Price, wholesale, edible (N. Y.) dol. per Ib—

74363,285

438, 8432, 711, 267

326, 209117, 213266, 198

54, 89248, 11894, 507

9,18910, 44362, 053

420398

1,062442

61, 06545, 093

7,67737,415

38, 36522, 92628, 100

49, 26426, 499

45, 74725, 060

106, 15310, 3369,493

15117142

48, 43794, 795

38, 30530, 018

54, 14963, 38819, 644

226, 997.305

3,4845,5654.33

70, 00260, 826

620, 535.235

21, 26042, 192

209, 264163, 260157, 851

124, 800119, 641

.258

78760, 687

421, 1162, 719, 821

308, 257101, 144273, 326

52, 63040, 841

101, 780

19, 08210, 19479, 494

371342

1,028400

97, 15130, 308

1,67428, 634

26, 76920, 73221, 716

35,11223, 224

39, 20624, 108

94, 0758,4697,018

249670

43, 98989, 767

34, 12722, 329

35, 47364, 12119, 203

194, 120.248

3,7005,2453.68

74, 07959, 405

623, 490.201

17, 84233, 367

176, 839139, 124134,597

107, 383113, 715

.225

76856, 451

458, 0252, 669, 635

279, 28472, 754

277, 129

47, 22228, 110

113, 378

25, 4638,925

75, 111

330277

1,026329

83, 36727, 1572,285

24, 872

22, 04726, 33429, 661

27, 90317, 645

28, 91115, 631

85, 0249,3225,701

687266

32, 88071, 645

24, 27120, 121

24, 44663, 46521,210

147, 024.241

3,1494,4293.42

63, 39644, 027

633, 674.169

17, 75922, 706

176,357120, 792116,315

116, 68395, 343

.199

94665 264

448 8422, 665 801

297, 887103,387270 761

54, 64246, 782

113 712

25, 2409,993

104 219

396358

1,005255

83 84328, 433

2, 41526, 019

37, 21925, 46235, 147

47, 17228, 028

44, 47527, 305

85, 0066 8095,362

556199422

92, 22257, 343

60 20029 133

40, 49997 73530, 58398 103

.220

2,9433,2593.41

60, 50052, 352

634. 748.159

18, 7979,715

187, 910154, 263148, 240

107, 99385, 230

.206

1,27662 425

462 7012,754 129

281,54998. 302

258, 887

46, 86241,551

110, 682

18, 78910,91897, 846

440377

1,021250

74, 26719, 6471,245

18, 402

29, 53921,16131, 978

37,41024, 983

39, 64522, 336

74, 8047,2073,825

1,054541935

250, 12270, 841

166, 50590,010

96, 085100, 55032, 583

102,715.218

2,8103,6543.83

57, 05746, 650

635, 184.181

14, 7214,274

148, 658130, 391127,916

90, 90779, 870

.195

1 61068 033

459 8052 782 423

327, 893116,026261 850

49 80144,277

103 919

16,61211, 508

109 630

616487

1,100292

52, 83333, 0872,869

30, 218

37, 29721,64346, 183

48, 13328, 270

45, 56425, 348

61,9326,9953,899

1,587838

1,705

387, 44772, 854

257, 819152, 672

173,826125,07136, 816

154,868.217

3,0225,8444.16

59, 96450, 091

640, 760.197

21, 55658, 356

214, 799143, 782147, 351

121, 13575, 261

.191

1 59162 244

418 6552 805' 902

378, 755112, 690269, 893

58,01342, 855

104, 574

2 29711,477

102, 999

604484

1,202368

58, 61836, 4913,989

32, 502

35, 77421, 06331, 787

44, 97626, 578

39, 71022, 459

84, 5288,342

12, 645

1,006776

1,935

361,94960, 316

244, 053184, 843

186, 793122, 10035, 858

225, 137.218

2,8546,8314.40

54, 98146, 173

638, 785.209

23, 03668,052

224, 834136, 668136, 660

164, 52973, 602

.190

1,16453 297

435 8282 837? 432

398, 61996, 644

303, 436

56, 65942, 189

100, 465

2,3059,089

96, 437

552478

1, 251436

68, 10135, 813

44235, 371

28, 8.5921, 54641,011

36, 92922, 714

36, 15920, 254

92, 0738,8399,718

598653

1,881

303, 84155, 430

206, 005186, 292

182, 865118, 57835, 335

279, 881.213

2 33, 802

2,5817,0984.50

52, 12042, 363

652, 696.212

2 280, 51223, 17961, 848

221, 400149, 822134, 518

197, 34683, 920

.179

1 32555 512

433 8712 851 214

417, 530121,909327 037

58 91945, 248

103 801

9009,840

82, 084

584529

1,279504

39, 91339, 332

1,88637, 446

29, 80727, 49234, 681

37, 49231,625

47, 69827, 486

82, 2799,8637,173

322688

1,515

319, 88456, 737

218, 547188, 644

185,037135, 22644, 497

1 336, 814.203

2,2986,4074.54

46, 85740, 462

652, 657.210

24, 04650,901

234, 386179, 073159, 187

230, 95097, 092

.165

1 19359 669

412 4812 883 571

388. 109121,614329, 625

58,21742,173

105, 938

1698,578

73 295

522509

1,287556

58, 89924, 878

2, 05022, 827

30, 47625, 20236, 287

38, 13227, 987

42, 36425,099

82, 1439, 1031,767

163545

1,180

253, 20856, 176

176, 041174, 795

164,076117,87035, 623

i 383, 410.220

2,2435,5474.23

44, 02041, 734

659, 688.195

22, 45749, 430

222, 247180,626168, 379

240, 510103,120

.155

84257 659

445 0142 850 666

365, 093119, 944325, 955

52, 11440, 075

100, 536

2989,429

73, 055

483482

1.275589

61, 39524, 596

2, 56322. 032

26, 36720, 92325, 848

33, 17630, 494

45, 22226, 727

81. 3879,0133,731

55433802

201,18247, 336

143, 727162,209

136. 955107, 39928, 019

i 413. 893.190

2,1964,4304.16

45, 70743, 661

659, 383.186

21, 54042, 708

218, 381183, 469164, 911

245, 027109, 459

.150

70661 905

454 9602 808 368

r 349, 058117,906329 408

50 35737,913

105 411

5 1419, 451

68 538

430487

r 1, 202-•632

49 73131 , 0674,389

26, 678

32, 79411, 95223, 608

41, 62631,011

48, 03728, 085

79, 8698, 9617,921

22306518

146, 19146, 396

106, 633r 129, 093

123, 723106, 10828, 523

1 432, 135.180

1,8973.6083.93

38, 95344, 651

646, 589.176

20, 12932, 307

204, 138198, 641171,062

224, 072130, 234

.148

55663 111

460 0382, 827, 506

320, 529114,807336 724

49, 64537, 487

111 486

11,0609, 758

66 640

382441

1,122609

23, 06811, 267

29, 56432, 465

48,31528, 306

67, 2858,899

14218315

101, 13357, 870

72 08296, 556

99, 118109, 36928, 784

1 417 885.180

2,0833, 4403.96

41, 64743, 748

638, 045.178

19, 68228, 493

199, 002180, 165171, 244

197, 473126, 720

.144r Revised. 1 Includes stocks owned by Commodity Credit Corporation. 2 December 1 estimate.{Revisions for 1950 for production, consumption, and stocks will be shown later.cf Beginning with September 1950, data included for sperm oil, crude palm, castor, and coconut oil are on a commercial stocks basis.*New series. Compiled by the U. S. Department of Labor, Bureau of Labor Statistics. Data prior to February 1951 will be shown later.

S-26 SUEVEY OF CURRENT BUSINESS July 1952


1951


berDecem-

ber

1952


CHEMICALS AND ALLIED PRODUCTS—Continued

FATS, OILS, ETC.— Continued

Vegetable oils, oilseeds, etc. — ContinuedOleomargarine:

Production thous. of IbStocks (factory and warehouse) doPrice, wholesale, vegetable, colored, delivered

(eastern U. S.)* dol. per IbShortenings and compounds:

Production thous. of IbStocks, end of month do

PAINTS, VARNISH, AND LACQUER f

Factory shipments total thous of dolIndustrial sales doTrade sales do

SYNTHETIC PLASTICS AND RESINMATERIALS

Production:Cellulose acetate and mixed ester plastics:

Sheets, rods, and tubes_ _ . _ thous. of IbMolding and extrusion materials do

Nitrocellulose sheets, rods, and tubes doOther cellulose plastics do

Phenolic and other tar acid resins doPolvstyrene doUrea and melamine resins . do.Vinyl resins § doAlkvd resins § _ _ _ _ do_Rosin modifications doMiscellaneous resins § . _ - do_.

80, 34417, 959

.342

106,416151,602

2, 8956,100

7261,152

39, 53227, 23618,47539, 73432, 0089,433

16, 140

70, 92719, 529

.326

86, 770140, 550

2,8926,274

749887

37,11227,11517, 04639, 20932, 1766,914

15, 661

69, 43617,451

.299

80, 203114,434

3,0625,766

508801

33, 67130, 49213,82339, 53128, 5146,434

12,523

86, 28617, 022

.291

126, 290104, 682

2,6995,204

6451,153

32, 47732, 27916,21839,11130, 3474,601

15,030

85, 07416, 461

.290

109, 63697,018

2,6684,440

3981,050

33, 05430, 37214, 56139,15426, 168

5,64315,447

98,21919,218

.290

136,46994, 231

2,4314,564

615919

41, 14229, 53416, 17941,89827, 3946,546

16, 146

94, 97917, 704

.290

131. 72193, 110

1,7133,382

508796

35, 85928, 62014, 34340, 59626, 0486,883

14, 920

96, 24018, 830

.289

116,509101, 441

80 796

2,5262,894

467507

28, 97026, 46712,96142, 02824, 9296 729

15, 169

128, 14517, 485

.289

128, 31394, 405

i 113 44542 03171,414

2,9574.243

521734

31,65227, 39516,00543, 44628, 616

6 59215. 860

114,05124, 951

.259

131,04091,890

1 106 38641 60864, 778

1,9424,178

508792

28, 73126 51814, 93339, 24528, 0147,855

13, 163

96, 76221, 655

.259

128, 91289, 120

'110,93841, 59469, 344

1,8414,380

479784

28, 26225, 951

' 15,45939, 208

r 28, 3007,502

16, 586

101, 13622, 419

.253

127, 37593, 408

i 125 13344 41580, 718

1,8804,985

527683

24, 13124, 96714, 23336, 07428, 418

7, 39617, 122

100, 70915, 839

.249

138, 69283, 228

ELECTRIC POWER AND GAS

ELECTRIC POWER t

Production (utility and industrial), totalmil. of kw.-hr. _

Electric utilities, total . doByfuels . _ _ _ do_ .By water power doPrivately and municipally owned utilities

mil. of kw.-hr__Other producers do

Industrial establishments, total doByfuels. _ __ . . 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

Railways and railroads doResidential or domestic _ doRural (distinct rural rates) doStreet and highway lighting __ doOther public authorities doInterdepartmental _ do

Revenue from sales to ultimate customers (EdisonElectric Institute).. thous. of doL

GAScf

Manufactured and mixed gas (quarterly) :Customers end of quarter, total thousands

Residential (incl. house-heating) ._ doIndustrial and commercial do

Sales to consumers, total mil of thermsResidential _ _ _ doIndustrial and commercial do

Revenue from sales to consumers, totalthous. of dol

Residential (incl. house-heating) _ doIndustrial and commercial do

Natural gas (quarterly) :Customers end of quarter, total thousands

Residential (incl 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 (incl. house-heating).. do_Industrial and commercial.- do_ _

35, 13629, 87121, 3348,537

25, 8524,0195,2654,836

429

25, 467

4,48212,937

4655,950

70723164847

451, 676

34, 96629, 84021,8198,021

25, 7784,0625,1264,736

390

25, 709

4,68313, 098

4415,812

774216637

47

456, 164

8,8408,228

606817503302

132, 49695, 33236, 057

15,69714, 4311,249

10, 4843,0097, 125

382, 063205, 054170, 256

35, 43530, 39222,1118,281

25, 9744,4185,0424,701

341

25, 663

4,87512, 729

4225,779

95222363747

457, 799

37, 51032, 32624, 5107,816

27, 6384,6895,1844,861

322

26, 725

5,01213,493

4275. 8101,030

24566940

469, 300

35, 29630, 27523, 2397,036

26, 1974,0785, 0204,722

299

26, 777

5,03013. 321

4136,065

980269659

40

476, 635

8,2307,667

557594315269

101, 89971, 13429, 906

16, 19214, 9231,2518,6661,2576,988

269, 807107,811154, 061

37, 77532, 44124, 8937,548

28, 2244,2175,3344,993

341

27,114

4,81313,919

4466.186

720302686

42

477, 724

37, 31332, 09524,0178,079

27, 9344 1615,2174,872

345

27, 481

4,86113, 779

4756.712

57732571339

488, 495

38, 45933 14324,0119 132

28, 5344 6095 3164,896

420

28, 263

4,97613 704

5277 447

521347699

43

501, 349

8 0447,491

549829522290

127,90992, 13834 338

17 17815, 7821,378

11,5323,7287,413

452, 637255, 866188, 563

39, 71034 20324 3029 901

29, 0065 1975 5075,042

465

29. 217

5,12413 797

5238 170

50334871735

522, 258

36, 76831 53622, 0759,461

26, 7174 8195 2324,766

466

28, 708

5 04813 700

4887 902

49631872235

514. 575

38, 56833, 04022, 59710, 443

27,6475 3935,5295,022

506

28, 453

4,94513. 869

5047,548

54429871035

504, 334

7 9327,376

5511 156

785353

165, 655121,28742 851

17 55316 1011 434

14, 8616 4098 037

648 863416,815222, 670

36, 73631 51521, 5539 962

26, 5594 9565 2214 753

469

37, 06531 82422 1329 692

26, 9104 9155 2404 745

496

, varnish, and lacquer. Figures supersede those shown in of the SURVEY prior to the June 1952 issue,

r Revised. » Preliminary. i Comparable data for January-April 1951, respectively (thous. dol.): 128,102; 117,025; 132,257; 122,868.*New series. Compiled by U. S. Department of Labor, Bureau of Labor Statistics. Data prior to February 1951 will be shown later.t Revised series. Data are estimated total factory shipments of finished paint, v " ~"

which! did not measure total shipments.§See note "1" in the February 1952 SURVEY and earlier issues regarding changes in classification and coverage beginning with data for January 1951.Ûnpublished revisions for January-July 1950 for electric-power production will be shown later.cfAll sales data formerly expressed in cu. ft. are now published in therms by the compiling source; 1932-49 figures expressed in therms and minor revisions for customers and revenue 1

1932-44 will be shown later. Revisions for the first 2 quarters of 1950 are shown in the corresponding note in the October 1951 SURVEY.



1951


berDecem-

ber

1952


FOODSTUFFS AND TOBACCO

ALCOHOLIC BEVERAGES

Fermented malt liquors:Production thous. of bblTax-paid withdrawals . do _ _Stocks end of month do

Distilled spirits:Production. - -thous. of tax gal-Consumption, apparent, for beverage purposes

thous of wine galTax-paid withdrawals thous. of tax gal .Stocks, end of month _ _ _ do_ _Imports thous. of proof gal

Whisky:Production . _. __ thous. of tax gal_.Tax-paid withdrawals doStocks end of month do_Imports thous. of proof gal_ -

"Rectified spirits and wines, production, totald*thous. of proof gal--

Whisky doWines and distilling materials:

Sparkling wines:Production thous. of wine gal.Tax-paid withdrawals doStocks end of month . doImports do

Still wines:Production doTax-paid withdrawals _ _ do _Stocks end of month doImports - do

Distilling materials produced at wineries. _ _ d o —

DAIRY PRODUCTS

Butter, creamery:Production (factory) J thous. of l b _ _Stocks, cold storage, end of month do ..Price, wholesale, 92-score (New York) dol. perlb..

Cheese:Production (factory) totalt thous of Ib

\merican whole milk t doStocks, cold storage, end of month, total. . -do

American whole milk doImports doPrice, wholesale, American, single daisies (Chi-

cago) dol. perlb. _Condensed and evaporated milk:

Production: JCondensed (sweetened):

Bulk goods thous. of lb_Case goods O do

Evaporated (unsweetened), case goods do.Stocks, manufacturers', case goods, end of month:

Condensed (sweetened) thous. of IbEvaporated (unsweetened) _ _ _ ._ . do

Exports:Condensed (sweetened) doEvaporated (unsweetened).- do._-

Prices, wholesale, U. S. average:Condensed (sweetened) dol. per case..Evaporated (unsweetened) - do

Fluid milk:Production J mil. of IbUtilization in mfd. dairy products do_Price, dealers', standard grade dol. per 100 lb_.

Dry milk:Production: t

Dry whole milk - thous. of IbNonfat dry milk solids (human food) - do

Stocks, manufacturers', end of month:Dry whole milk doNonfat dry milk solids (human food) do

Exports:D r y whole milk . . _ _ _ _ _ _ _ . _-doNonfat dry milk solids (human food) do

Price, wholesale, nonfat dry milk solids (humanfood), U. S. average _ -dol. perlb--

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, carlot shipments no. of carloads. -Frozen fruits, stocks, cold storage, end of month

thous. of lb-_Frozen vegetables, stocks, cold storage, end of

month . thous. of lb_Potatoes, white:

Production (crop estimate) thous. of bu_.Shipments, carlot _ no. of carloads..Price, wholesale, U. S. No. 1 (New York)

dol. per 100 lb_.

8,4107,703

11, 108

27, 893

13, 0357,002

884, 5161,309

15, 9123,713

742, 5891,209

6,0665,236

18082

1,52536

1,5658,409

142, 762398467

133, 42542, 590

.701

133, 755103, 625197,412169, 553

2,639

.414

36,0005,700

388, 500

8,527283, 708

3,30624, 368

10.806.16

12, 1645,1015.01

15, 650101, 100

19, 18176, 457

5,3489,421

.145

1,7032,844

12, 691

418, 666

270, 206

21, 178

4.056

8,9598,182

11, 344

25, 832

13, 2267,273

901, 1061,463

13, 2733,640

751, 2331,368

5,9155,243

11784

1,55050

1,2128,207

133, 978363417

142, 30572, 598

.686

143, 350113, 520234, 608204, 009

2,757

.420

34, 8506,200

371, 900

8,796426, 747

5,66432, 587

10.806.14

12, 2125,3344.98

14, 325108, 400

22, 240110, 408

6,30120, 927

.146

694680

10, 459

531, 090

290, 321

22, 596

3.733

9,0098,480

11, 383

18, 774

12, 6157,021

910, 3391,345

9,7633,686

755, 7741,243

6,4315,837

5956

1,54633

1,0366,969

127, 386260602

133, 775104, 405

.675

127, 175101, 505262, 540227, 199

2,454

.408

23, 7504,900

315, 300

7,905524, 514

2,46615, 596

10.806.12

11 4264,8455.05

13, 62582, 050

24, 130128,615

5,36924, 195

.147

254294

7,553

573, 708

369,311

12, 931

3.008

8,9978,886

10, 930

16, 376

14, 6888,664

915, 4241,327

6,9055, 002

756, 4111,219

7,8436, 904

14971

1,61738

4,1028,573

120, 474259

8,732

120, 185116, 790

.673

111, 00586, 855

269, 564233, 788

7,419

.420

20, 4754 375

264, 000

7,171543, 438

3,19527, 617

10.806.09

10, 5054,2685.12

9,77566, 900

26, 325125, 340

4,4494,196

.147

206293

7,195

610, 299

445, 724

11, 589

3.436

7,0326,995

10, 522

22, 214

16, 87711, 252

914, 5771,766

8,1586,887

755, 4571,628

10, 3759, 501

6795

1,58543

29, 0399,879

139, 168269

73, 107

95, 900113, 501

.682

91, 94569, 965

272, 053239, 500

3,588

.410

15, 9504 200

197, 000

5,878501,412

2,61626, 573

10.806.06

9 1453,4075.20

7,15045, 425

25 511109, 868

2,8352,675

.149

1,1277,6846,332

599, 766

515, 766

12, 373

4.171

6,8416,732

10,211

34, 768

22, 40315,671

911,9252,557

10,3229,129

755, 0412,209

12,60911,242

46133

1,48472

77, 36911,515

210, 588424

150, 884

87, 81594,611

.707

82, 44559, 005

259, 415229, 561

3,288

.424

14, 8754 250

166 500

6,957448, 008

1,46312, 590

10.806.05

8 5283,0605.30

6 11535, 825

23 28882,219

3,8362,139

.147

4 16328, 3756,201

571, 229

554, 175

18 289

3.865

6,1426,4109,506

28, 840

15,95811,058

917, 2491,880

10, 8316 679

756, 5211,714

9,5188,502

80173

1, 385115

39, 07612, 230

237, 581538

87, 335

67, 51559, 349

.740

64 75042 970

232, 968204, 683

4,095

.431

12 3504 650

133 500

8,777357, 311

1,1244,277

10.806.08

7 6112 3785.38

4 12525 930

19 61256, 548

5 5982,994

.150

3 63728,0007,727

489, 932

592 076

19 079

4.736

6,2846,0779,240

19, 382

19, 4277,746

925, 1971,696

10, 4634 682

760, 8031,516

7.3496,516

118173

1,31698

8,39310, 877

231, 616605

25, 981

69, 94527, 051

.791

65 48043 130

222, 136194 784

3,863

.449

14 7506 190

141 700

9 185225 988

1,2626,048

10.806 19

7 7972 4775.43

5 95535 400

17 91742, 265

4 9322,508

.151

i 112 9352 856

22, 11311, 839

496, 386

498 340

i 325 70816 378

5.540

6,9676,4429,307

17, 026

12, 0386,592

932, 5631,254

9,5484,095

765, 0291,129

5,0944,348

14176

1,36541

2,89210, 702

222, 652391

6,654

77, 43513, 874

.803

68 76045, 810

193, 272167, 824

4,895

.444

13 6006 550

157* 000

6 585140, 611

6,8565,731

10.806 25

8 1782 7065.44

7 32545' 250

16 76529, 677

3 6631,639

.152

9 44916, 01411, 548

465, 137

444 409

18 556

6.875

6,6015,6019,897

15, 546

12, 4597,746

936, 3861,210

9,1144 645

768 0471, 102

6, 0525 394

5956

1,35227

1 36810, 627

210 209292526

77, 2507,879

.845

70 54047 210

166, 040142 945

3,385

436

14 1006 025

164 850

7 3gg74 505

3,2157 025

10.806 34

8 1702 7315.48

6 90050 345

14 62524, 327

3 4947,908

.156

2 04710, 75310, 472

471, 101

398 699

99 04*?

6.660

7,3286,099

10, 662

15, 009

14, 4499, 757

940, 0711,518

8,6485,536

768, 7451,401

7, 0606,174

5559

1,33431

1,46211, 406

199, 133416456

92,0306,505.738

85 73558 465

155,195133 815

2 832

429

18 0007 400

205 000

8 23776 443

4,7295 676

10.806 38

9 4943 2925.46

9 00067 900

13 34334] 566

5 3714^305

.159

2 0085, 983

11,397

466, 735

348 023

94 1 *}ft

6.025

7,4406,744

10, 891

14, 166

13, 9058,955

941,1851,322

8,0454,997

769, 7631,208

6, 9356,037

20169

1,45831

1,64410,453

189, 089427685

' 103, 780r 10, 522

.714

r 102 450r 74 410

* 158, 949r 139 705

3 263

.423

20 8004 500

261 850

7 299123 180

2 3018 296

10.806 39

10 129r 3 823

5.33

9 86082 300

14 55854, 691

2 4994,415

.163

•r -I AXf)r 2, 894' 11, 218

" 475, 636

r 01 o 7(-»o

5.820

7,9647,381

10, 943

11,642

7,349940, 453

6, 7934 546

769, 996

7,3986 461

134, 26030 500

.693

139 880106 690184, 457163 460

499

34 100

Qfi« -I ()(\

8 195ooc of>9

10.806 0 9

5.26

122 300

108, 457

.163

"~ rioo"

1,02612, 590

539, 278

12, 857

5.570Revised. i December 1 estimate,

c? Figures beginning July 1951 exclude production of wines and vermouth; for July 1950-June 1951, such production totaled 99 000 gallons{Revisions prior to November 1950 are available upon request as follows: Beginning 1949 for butter, cheese, and nonfat dry milk solids; beginning 1950 for condensed and evaporated

milk and dry whole milk. Revisions for fluid milk (January 1940-February 1951) will be shown later. ucu&eu ami evdporacea©Figures beginning 1950 represent whole milk only; earlier data cover both whole and skimmed milk.



1951

May June July

FOODSTUFFS

August Septem-ber October Novem-

berDecem

ber

1952

January FÛ" March April Maydry

AND TOBACCO— Continued

GRAINS 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 . do_On farms do

Exports including malt doPrices, wholesale (Minneapolis):

No. 2, malting dol. per bu__No. 3, straight do

Corn:Production (crop estimate) mil. of buGrindings, wet process thous. of buReceipts, principal markets doStocks, domestic, end of month:

Commercial do__On farms mil of bu

Exports, including meal thous of buPrices, wholesale:

No. 3, white (Chicago) dol. per bu_.No. 3, yellow (Chicago) doWeighted average, 5 markets, all grades. _do

Oats:Production (crop estimate) mil of buReceipts, 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 buCalifornia:

Receipts, domestic, rough thous. of lb._Shipments from mills, milled rice doStocks, rough and cleaned (cleaned basis), end

of month _ _ thous. of IbSouthern States (Ark., La., Tenn., Tex.):

Receipts, rough, at mills _ thous. of IbShipments from mills, milled rice _ _ do..Stocks, domestic, rough and cleaned (cleaned

basis) end of month thous of IbExports doPrice, wholesale, head, clean (N. O.).-dol. perlb.-

Rye:

Receipts, principal marketst - .-doStocks, commercial, domestic, end of month-doPrice, wholesale, No. 2 (Minn.) dol. per bu._

Wheat:Production (crop estimate) total mil of bu

Spring wheat do"Winter wheat do

Receipts, principal markets thous. of bu_Disappearance domestic doStocks, end of month:

Canada (Canadian wheat) doUnited States domestic total^ do

Commercial - - do__Interior mills, elevators, and warehouses

thous of buMerchant mills doOn farms do

Exports, total, including flour doWheat only do

Prices, wholesale:No. 1, dark northern spring (Minneapolis)

dol. per b u _ _No. 2, hard winter (Kansas City) doNo. 2, red winter (St. Louis) do..Weighted avg., 6 markets, all grades do

Wheat flour:Production:

Flour _thous. of sacks (100 lb.)._Operations, percent of capacityOffal short tons

Grindings of wheat ._ thous. of buStocks held by mills, end of month

thous of sacks (100 Ib )Exports doPrices, wholesale:

Spring, short patents (Minneapolis)*dol. per sack (lOOlb.)..

Winter, hard, short patents (Kansas City)*.do.._

62, 034

6,822

24, 585

2,582

1.5171.365

10, 86021, 914

50, 939

8,895

1.8701.7741.688

10, 137

14, 971

440.931

54, 96130, 167

56, 873

15, 75173, 562

356, 85713,024

.105

1,0312,7331.883

53, 853

166, 795

177, 369

47, 67742, 673

2.5372.3842.3052.421

18, 52975.4

368, 28543, 049

2,148

6.1445.713

54, 519

6,819

24, 28540, 1963,137

1.3881.261

10, 76921, 155

42, 570801.36,985

(2)1. 7211.617

7,923

14, 889257, 920

891.865

62, 33230, 734

65,013

26, 52999, 562

279, 41313, 259

.104

9012,0061.834

31,013325, 694

167. 086396, 204157, 848

89, 12973, 58772, 63842, 30639, 706

2.4482.3432.1912.348

17,09172.9

342, 90239, 987

4,4941,116

6.0135.660

41, 663

7,204

23, 361

5,266

1.2831.193

9,60421, 759

35, 379

6,568

(2)1.7641.667

9,930

17, 798

269.794

88, 47258, 385

63, 302

28, 261140, 267

162,622127, 364

.104

1,8002,4231.790

65, 841

160, 577

211, 870

29, 22027, 458

2.4752.3072.2132.313

18, 02676.5

364, 19342, 156

756

6.0105.744

51, 689

22, 135

26, 353

2,548

1.3681.264

10, 14723, 800

32, 559

6,015

1.8541.7941.705

23, 302

27, 449

227.817

42, 35073, 389

20,372

292, 259153, 069

215,451111,588

.091

5,9955,1291.642

66, 140

143, 643

233, 527

42, 81938, 500

2.4642.3302.2872.339

19,65376.3

395, 89345, 928

1,854

6.0195.725

48, 585

12, 411

28, 254171.419

4,056

1.4341.292

9,28921, 578

32, 785312 94,188

1.7951.8011.712

15, 684

33, 2131, 103, 455

543.856

31, 64718, 109

23, 127

551, 420191, 062

383, 344133, 772

.083

2,3306,1831.659

60, 975262, 813

164, 4251,128,018

238, 443

272, 960131, 963480, 86239, 79735, 439

2.4422.3832.4022.341

18, 79588.5

377, 94443, 789

4,7121,870

5.8945.690

40, 444

10, 200

27, 704

1,554

1.5421.389

10, 42424, 565

38, 497

5,161

1.7981.7821.709

7,503

31,507

149.918

190, 88744,418

102, 340

980, 355295, 248

697, 198157, 879

.090

1,3816,4711.817

47, 284

223, 849

224, 941

33, 57630, 140

2.5172.4522.4882.404

21,05588.2

456, 49649, 342

1,475

5.8855.713

47, 647

11,518

26, 779

1,385

1.6521.481

10, 77433, 948

47, 299

6,158

1.7621.8281.680

9,224

28, 173

5041.071

94, 41777, 966

90, 071

330, 758186, 612

719, 664191, 466

.094

8066,2171.933

35. 730

209, 143

202, 464

39, 600T 35, 186

2.5972.5402.5652.472

19, 87684.4

403, 21546, 684

1,895

6.1385.850

48, 2311 254 668

8, 039

25, 483124, 287

2 995

1. 5931.440

l 2, 9419,238

34, 498

51, 3941,919.310, 165

(2)1.9261. 699

* 1,3169,450

26, 931841,889

2541.045

1 97, 344

89, 76776, 982

77, 352

199, 749177, 402

676, 06687, 408

.096

1 21,3951,2676,3442.051

i 987. 51 342. 01 645. 532, 396

281, 330

218, 333856, 807199. 947

201,979113,007339, 33634, 818

r 29, 395

2. 5682.5412.6252.488

18, 38682.0

375, 64743, 333

4,7012.328

6.0445.710

54, 260

9,710

22, 042

930

1.6381 471

10. 85844, 823

58, 785

8,197

(2)1.9131.597

6,420

21, 186

208.992

120, 54080, 214

76, 825

209, 432158, 633

642, 96389, 502

.100

7416,1362.036

26, 284

216, 427

163, 161

44,91841,315

2.5462.5192.5552.471

21,21286.4

429, 29649, 683

1,546

5.9355.600

54 557

9,481

21,005

3 903

1.5491 407

10, 00232, 248

63, 788

4 521

1.9981 8021.587

5,826

17, 065

503.912

131,132129,926

42, 642

125, 522125, 513

598, 059193, 280

.105

6365,8441.915

29, 072

213, 163

144, 640

46, 43541, 794

2.5052.4922. 5472.422

18, 51979.1

376, 00043, 337

1,992

5.8655.575

69, 006

7,787

19, 16078, 1314,024

1.4921.331

10, 48627, 248

61,84§1 067 810, 437

r2)1.8471.637

6,805

11, 785516 603

778.931

120, 62273, 485

54, 187

129, 682181, 874

511, 29997, 255

.105

8645,3212.027

24, 341342 438

206, 068520 869124, 865

111 83780 630

201 50053, 42749 049

2.5402.4962.4922.436

17, 92076.5

364, 00042, 025

5 0331,879

5.7205.650

50, 508

7,194

16, 385

2,305

1.4231. 308

10, 74518, 316

50, 173

7 532

1.8681.8181.731

6,602

9,057

215.887

50, 53465, 063

25, 175

187, 253217, 515

442, 860129,517

.105

48Q2,8251.945

22, 191

202, 564

101, 851

39 40335 799

2.5032.4922.4402.414

18, 06573 6

363 00042 217

1 547

5.6755.600

7,909

14, 646

1.3501.234

10, 48717, 358

40, 741

(2)1.8421. 756

11,715

12. 046

.908

65, 41435, 882

32, 838

134, 497277, 223

285, 248

.105

3 16 9741,1631,9951.928

3 1,060.323, 598

208, 850

88, 954

2. 4852.446(2)2,405

7,59975.3

353, 00041, 096

5.5855.500

•• Revised. l December 1 estimate. 2 No quotation. 3 June 1 estimate.fRevised series. Data are furnished by the Chicago Board of Trade and represent receipts at 12 interior primary markets; for names of markets and data for January 1948-July 1950, se<

note marked "f" on p. S-28 of the October 1951 SURVEY.c?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.*New series. Data prior to February 1951 will be shown later.



1951


berDecem-

ber

1952


FOODSTUFFS AND TOBACCO—Continued

LIVESTOCK

Cattle and calves:Slaughter (Federally inspected) :

Calves thous of animalsCattle _ _ do_-

Receipts, principal markets doShipments feeder, to 8 corn-belt States doPrices, wholesale:

Beef steers (Chicago) dol. per 1001b__Steers, stocker and feeder (Kansas City) .doCalves, vealers (Chicago) do

Hogs:Slaughter (Federally inspected)

thous. of animals. .Receipts, principal markets. doPrices:

Wholesale, average, all grades (Chicago)dol. per 100 lb__

Hog-corn 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 8 corn-belt States doPrices, wholesale:

Lambs, average (Chicago) dol. per 100 lbLambs, feeder, good and choice (Omaha). .do

MEATS

Total meats (including lard) :Production (inspected slaughter) mil. of lb__Stocks, cold storage, end of month _ doExports do

Beef and veal:Production (inspected slaughter) thous. of lb__Stocks, cold storage, end of month doExports doPrice, wholesale, beef, fresh, steer carcasses, choice

(600-700 Ibs.) (New York) dol. per Ib_.Lamb and mutton:

Production (inspected slaughter) thous. of lb_.Stocks, cold storage, end of month do

Pork, including lard, production (inspectedslaughter) thous. of lb_.

Pork, excluding lard:Production (inspected slaughter). _ _ .doStocks, cold storage, end of month doExports doPrices, wholesale:

Hams, smoked, composite... dol. perlb..Fresh loins, 8-12 lb. average (New York)__do

Lard:Production (inspected slaughter) thous. of lb_.Stocks, cold storage, end of month doExports doPrice, wholesale, refined (Chicago) ...dol. per lb__

POULTRY AND EGGS

Poultry:Receipts, 5 markets thous. of lb__Stocks, cold storage, end of month doPrice, wholesale, live fowls (Chicago) § dol. per lb. .

Eggs:Production, farm millionsDried egg production thous. of lbStocks, cold storage, end of month:

Shell thous of casesFrozen thous. of lb__

Price, wholesale, extras, large (Chicago)dol. perdoz..

MISCELLANEOUS FOOD PRODUCTS

Confectionery, manufacturers' sales*. -thous. of dol..Cocoa:

Imports long tonsPrice, 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 Ib..Fish:

Landings, fresh fish, 5 ports thous. of IbStock, cold storage, end of month do

414986

1,555124

35.7134.2937.25

4,9523,080

20.77

12.4

657956258

35.500)

1,53790879

595, 451106, 463

385

.583

31, 4575,862

910,332

665, 162616, 231

4,488

.568

.474

179, 68668, 63968, 083

.198

43, 097125, 359

.350

' 5, 8813,602

2,083162, 659

.478

'63,491

32, 373.383

1,281847754

1,485

.544

67,200105. 944

406787

1,345111

35.6832.8338.31

4,7002,856

21.07

13.0

811964164

35.000)

1,44284781

483, 83696, 041

348

.578

35,8925,235

922, 354

672, 784572, 372

6,113

.574

.488

182, 93668, 75467, 886

.200

52,380112, 369

.308

'5,0602,652

2,427189, 980

.517

59,000

23, 778.383

837572690

1,325

.536

68, 613127. 351

408920

1.754173

35.7531.6137.40

3,8262,630

20.36

12.8

8631,076

168

31.750)

1,38774884

556, 89794,900

472

.576

38,0616,211

791, 554

576, 759496, 171

5,851

.573

.488

157, 11146,82072, 030

.198

42,360106, 692

.289

'4,543668

2,270190,818

.514

54, 385

15,636.351

985521551

1,253

.532

70, 310146.891

4221,0642,066

293

36.3932.5936.75

4,2362,765

20.35

12.8

8891,310

492

31.5031.34

1,48864062

617, 158101, 377

769

.578

39, 3696,407

831, 556

614, 815401, 573

5,833

.574

.544

158, 70034, 70248, 398

.198

46, 157121, 493

.288

'4,112498

1,615176, 273

.595

71, 824

23, 235.355

1,419888591

'1,295

.536

69, 618161. 628

373956

2,307515

36.9931.9036.25

4,3982,743

19.62

11.9

8271,821

703

31.2532.64

1,37455056

553, 317102, 301

2,643

.594

36, 6527,227

784,336

579, 276325, 959

5,753

.568

.559

149, 76928,37241, 753

.208

63, 264166, 242

.276

'3,943468

958151, 293

.630

100, 170

9,622.341

1,482962619

1,217

.543

54,520166, 100

5001,1402,928

893

36.7531.9737.10

5,6513,460

20.09

12.4

1,0842,152

822

31.0032.00

1,66853144

648,917135, 560

892

.601

47,4909,767

971, 381

718, 673276, 255

8,899

.574

.557

184, 70531, 34429, 808

.209

77,471259, 920

.261

'4,240370

527121, 592

.669

113,945

6,090.321

1,7921,089

7361,742

.545

50, 468171. 924

4571,1222,063

460

36.2931.6336.00

6,5314,098

18.30

11.1

9221,157

305

31.0031.31

1,84172887

645, 256198, 647

2,189

.599

42,80312,536

1,153,267

850, 917381, 870

7,484

.549

.460

221,09739,22970,076

.180

87, 278309, 943

.248

'4,345357

23095, 143

.664

113, 842

15, 555.295

1,7251,008

5621,882

.543

38, 843179. 135

344998

1,533200

34.5930.4536.00

6,9124,174

17.74

10.4

810946119

30.7530.50

1,866966108

585, 399234, 679

850

.579

37, 91513, 720

1,242,339

905,863548, 60411, 257

.544

.427

246, 36353, 61488,194

.190

76, 887302, 151

.284

' 4, 793429

14167,200

.496

97, 030

16, 747.326

1,609945689

2,048

.541

25, 946168, 792

3821,0961,648

133

34.2531.1936.50

6,8354,373

17.42

10.4

1,0421,150

123

30.250)

1,9771,146

113

656, 307256, 247

660

.571

50,53613,840

1, 269, 791

931, 607704, 99210, 337

.546

.433

248,03749,28496, 445

!l75

35, 651300,000

.275

5,408894

23853,055

.398

89, 249

32, 672.331

1,604871658

1,999

.550

23,139148. 113

343985

1,481158

33.7832.0637.00

5,7793,626

17.07

10.4

990971109

28.000)

1,7151,264

115

593, 420265, 700

1,006

.562

48,98613, 532

1,072,252

771,472793, 870

7,675

.527

.424

220,93453, 816

100, 339.175

35,067270, 397

.295

5,7151,681

94260,576

.364

84,067

27,023.358

1,331758955

2,292

.550

29,224125. 704

397927

1,473143

33.4131.9938.50

5,7763,561

16.56

10.1

971988119

26.880)

1,6561,313

94

557, 237267, 437

1,116

.560

48,20114, 896

1,050,706

759, 957822,006

8,512

.526

.448

213, 34670, 80379, 627

.153

42, 273232, 832

.295

6,4412,325

1,59684,295

.382

78, 125

29, 857.384

1,521899966

2,042

.548

37,963113. 996

405938

1,581128

33.3931.3237.00

5,2813,163

16.58

9.8

9411,068

131

28.880)

1,557r 1, 320

65

566, 992' 252, 350

892

.564

45, 703' 13, 067

944, 623

682, 678' 823, 741

7,997

.531

.430

191, 80388, 78651, 552

.145

41, 462«• 194, 965

.258

' 6, 1912,220

' 2, 184r 111, 185

.396

74,423r 24, 020

.381

1,015626850

1,707

.535

57, 440113. 544

3881,0091,593

155

33.2932.0636.75

4,4822,800

19.61

11.8

9391,070

141

28.12

1,4761,191

610, 297214, 128

.559

45, 30614, 556

820, 518

594, 319724, 724

.531

.550

165,818107, 105

.145

58, 058184, 238

.225

5,9832,037

3,158145, 489

.359

60,411

.384

953566756

.532

123. 762' Revised. l No quotation.§ Series revised to represent quotations for heavy type.*New series. Compiled by the U. S. Department of Commerce, Bureau of the Census, representing estimated total sales by manufacturers of confectionery and competitive chocolate prod-

ucts. The figures exclude sales of chocolate coatings and cocoa produced by chocolate manufacturers and sales by manufacturer-retailers with a single business location.JFor revised data for July 1949-October 1950, see note marked "t" on p. S-29 of the January 1952 SURVEY.

S-30 SUKVEY OF CURRENT BUSINESS July 1052


1951


berDecem-

ber

1952


FOODSTUFFS AND TOBACCO—Continued

MISCELLANEOUS FOOD PRODUCTS— Con.

Sugar: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 do

Deliveries, total - do ._For domestic consumption _- doFor export do

Stocks, raw and refined", end of monththous. of short tons..

Exports, refined sugar short tons._Imports:

Raw sugar, total doFrom Cuba doFrom Philippine Islands do

Refined sugar, total doFrom Cuba _ do ..

Price (New York):Raw, wholesale dol. per lb_.Refined:

Retail - dol. per51b__Wholesale dol. per lb_.

Tea, imports thous. of lb_.

TOBACCOLeaf:

Production (crop estimate) mil. oflbStocks, dealers' and manufacturers', end of quar-

ter total mil of IbDomestic:

Cigar leaf doAir-cured, fire-cured, flue-cured, and miscel-

laneous domestic mil. of IbForeign grown:

Cigar leaf - doCigarette tobacco do

Exports, including scrap and stems___thous. of lb_-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 thousandsManufactured tobacco and snuff, tax-paid

thous. of lb._Exports cigarettes millionsPrice, wholesale, cigarettes, manufacturer to

wholesaler and jobber, f. o. b. destination*dol. per thous..

3,838

18, 463563, 138260, Oil

1, 106, 2351,094,300

11, 935

1,28521,079

285, 133175, 481109, 643

36, 83436, 534

.063

.480

.0827,208

25, 7188,733

20,1457,5419,1033,501

3,99632, 776

478, 693

19, 2721,401

3.969

3,137

47, 954620, 832284, 460

824, 919821,213

3,706

1,09025, 412

271, 882174, 53497, 342

29, 31029, 168

.066

.482

.0845,704

3,573

404

2,973

17180

26, 7947,832

19, 5817,4758,8973,209

3,46332, 474

502, 592

19, 0911,404

3.969

2,573

31, 386594, 611228, 452

519, 795511,268

8,527

1,21710, 656

314, 392230, 304

79, 723

35, 19735, 197

.063

.492

.0867,173

24,0688,018

15,7776,7086.8192,250

2,44429, 739

421, 758

15,8061,140

3.969

1,977

27, 762542, 615195, 252

676, 096670, 503

5,593

1,1213,399

311, 704246, 11354, 807

32, 73532, 728

.060

.497

.0847,152

48, 2669,813

21, 6658,2409,7413,684

3,49935, 601

533, 739

21, 5511,704

3.969

1,602

98, 067396, 322111,020

646, 163643, 958

2,205

9582,011

252, 570212, 52240, 041

28,01328,013

.060

.496

.0835,836

3,760

373

3,203

17166

74, 7468,503

19, 7777,0499,6693,060

2,77330, 800

490, 938

19,4861,443

3.969

952

464, 289444, 72692, 575

678, 741676, 573

2,168

1,1691,470

242, 519226, 79911,984

45, 25145, 251

.059

.486

.0814,945

87, 51913, 702

18,2927,1208,0173,154

3,41637, 477

590, 616

14, 374i,208

3.969

577

627, 848314, 637102, 389

546, 529544, 224

2,305

1,5401,005

236, 919226, 22510, 691

4,9264,424

.060

.482

.0815,624

60,33710, 303

20,6247,8539,2433,528

3,70833,994

554, 341

24,0051,742

3.944

427

472, 810164,866155, 925

556, 802536, 61420,188

1, 75618,264

75,34074, 2171,120

10

.058

.482

.0816,713

1 2, 282

4,271

350

3,732

18170

60,6235, 734

14,9585,7396,0183,201

3, 50823,847

367, 906

14,3531,443

4.027

718

84, 442364, 95972, 083

581, 376578, 699

2,677

1,613867

248, 724223,70425,017

10,22110,220

.058

.483

.0817,769

33, 4898,572

19,8847,5168,6193,749

4,14137, 598

494, 556

19,4501, 517

4.027

1,883

32, 439293, 39040, 217

544, 553542, 900

1,653

1,4731,122

275. 173232 23442, 938

22,07321, 873

.059

.480

.0806,659

29, 7528,860

18, 5537 2537,8263 473

2,97429 308

446 560

18,4901 215

4.027

3,033

24,680692, 525221, 145

862, 480860, 405

2,075

1,24111, 522

398, 577307,15191,394

27, 24526, 895

'.063

.476

.0809,855

4,244

400

3,648

19176

25, 8917,466

17,9126 7057,7293 478

3,10729 878

478 101

16, 7591 566

4.027

4,033

29,006596, 991180, 047

612, 641608, 995

3,646

1,28325, 423

344, 860281, 35562,886

52, 05351, 403

.062

.489

.0858,798

18, 1267,685

18, 0486 8987 8523 298

2,889r 31 774491 964

18,076941

4.027

4,423

18, 150673, 682200, 747

596 990195, 062

1 928

1,400

.062

.492

.085

18, 8927 3288 4563 109

3 34832 920

496 512

18, 331

4.027

LEATHER AND PRODUCTS

HIDES AND SKINS

Imports, total hides and skinsj thous. of lb._Calf and kip skins thous. of pieces. _Cattle hidest doGoatskins t do ..Sheep and lamb skins.,. do

Prices, wholesale (Chicago) :Calfskins, packer, heavy, 9^/15 lbs.*___dol. per lb_.Hides, steer, heavy, native, over 53 lbs.*...do

LEATHERProduction:t

Calf and kip thous. of skins.-Cattlehide thous. of hides..Goat and kid thous. of skins. .Sheep and lamb. ..do

Exports:Sole leather:

Bends, backs, and sides thous. of lb_-Offal, including belting offal do

Upper leather thous. of sq. f t_.Prices, wholesale:

Sole, bends, heavy, f. o. b. tannery*. __dol . per lb_.Chrome calf, black, B and C grades, f. o. b. tan-

nery*. dol. per sq. ft..

22, 301285280

3,6161,655

.800

.330

6171,9572,9261,838

5614

1,368

23,864195325

2, 7551,949

.800

.330

5711,8802,6291,476

3248

1,577

.880

1.150

30, 220355437

3,1371,423

.650

.330

4571,5352,0451,473

8386

1,833

.856

1.022

30, 707136416

2,8192,632

.557

.308

5571,8862,4751,872

710

2,312

.776

.955

25, 95378

1871,9315,753

.486

.323

4901,6461,8421,672

1817

1,706

.776

.955

21, 212105202

1,8142,358

.475

.310

6051,8612,0192,137

37

1,118

.700

.906

13, 05778

1581,821

925

.399

.216

5671,7501,8472,159

1889

2,621

.660

.807

11, 426110116

1 8641,133

.379

.188

6011,5552 0661,881

1782

2,321

.630

.808

12, 97281

1862 367

668

.400

.140

7171 8802 6142,047

843

1,549

.600

.787

10, 71726

1091 622

880

.375

.133

8051 8622 5132,279

27113

1,925

*.525

».842

10, 3882774

1 7701,998

.325

.128

7321 7532 4302,081

6076

2,482

.842

16,447169128

1 8123 228

.275

.103

7921 7802 4372,102

1649

2,587

.835r Revised. 1 December 1 estimate. 2 Specification changed; earlier data not strictly comparable.*New series. Compiled by U. S. Department of Labor, Bureau of Labor Statistics; data prior to February 1951 will be shown later.tRevisions for 1950 are shown in corresponding note in the October 1951 issue of the SURVEY.{Revisions for January-March 1952, respectively: Calf and kip (thous. of skins)—867; 919; 902; cattle hide (thous. of hides)—2,297; 2,200; 2,220; goat and kid (thous

3,442; sheep and lamb (thous. of skins)—2,834; 2,700; 2,494.of skins)—3,509; 3,202;


Unices otherwise stated, statistics through

1951 Statistical Supplement to the Survey May June July

19

August

51

Septem-ber October Novem-

berDecem-

ber January Febru-ary

1952

March April May

LEATHER AND PRODUCTS—Continued

LEATHER MANUFACTURES

Shoes and slippers: tProduction, total _ _ _ .-thous. of pairs ...

Shoes, sandals, and play shoes, except athletic,total thous. of pairs

By types of uppers: cfAll leather doPart leather and nonleather do

By kinds:Men's doYouths' and boys' doWomen's doMasses' 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 hideupper Goodyear welt dol. per pair

Women's oxfords (nurses'), side upper, Good-year welt dol. per pair

Women's and misses' pumps, suede split do

38, 303

34, 152

29, 4803,988

9,7441,201

15, 9344,2822,9913,566

255330307

5.577

5.0533.967

37, 578

33, 429

28, 9053,877

9,2451,284

15, 8444,3652,6913,612

211326247

5.550

5.0373.967

32, 530

28, 465

25, 0202,909

6,8981 132

15,0573 3662,0123,609

152304197

5.467

5. 0373. 967

43, 234

37, 532

32, 7963,839

9,1561 468

19, 8624 4802,5665,091

198413289

1 5. 760

5.0373.933

36, 130

30, 844

26, 8623, 105

7,9691 258

15, 5803 8002 2374,660

189437283

5 760

5 0373 933

38, 783

32, 822

29 4503 372

8 7551 319

15 7134 3212 7145,395

205361229

5 623

4 g363 933

34, 884

29, 462

26 2623 200

7 7391 097

13 7114 2902 6254 930

180312359

5 586

4 7113 933

32, 227

28, 794

25 5113,283

7 0231 068

13 7404 3562 6073, 032

176225302

5 523

4 6783 890

41, 306

38 290

33 6944 596

8 5771 263

19 6765 6233 1512 511

216289219

§ 523

4 6783 801

42, 518

39, 133

34 0815 052

8 5411 371

20 3655 6673 1892 851

233301321

5 523

4 8613 767

43, 967

40, 142

34 4085 734

8 5311 374

21 1915 7853 2613 277

223325400

5. 523

4 861

43, 082

38, 879

32 6586 221

8 6131 369

20 3635 2923 2423,647

216340386

5.311

4 678

LUMBER AND MANUFACTURES

LUMBER— ALL TYPES

Exports, total sawmill products _ M bd ftImports, total sawmill products _ do__ _National Lumber Manufacturers Association:

Production total mil bd ftHardwoods doSoftwoods do

Shipments, total doHardwoods - do_ _ _Softwoods do

Stocks, gross (mill and concentration yards), endof month, total mil bd. ft

Hardwoods - - doSoftwoods - do

SOFTWOODSDouglas fir:

Orders new -- doOrders, unfilled, end of month _ _ .-doProduction doShipments doStocks, gross, mill, end of month _.doExports, total sawmill products M bd. ft..

Sawed timber do_ .Boards, planks, scantlings, etc do

Prices, wholesale:Dimension, No. 1 common, 2" x 4", R. L.

dol. per M bd. f t ._Flooring, B and better, F. G., 1" x 4", R. L.

dol. per M bd. f t_ .Southern pine:

Orders new mil bd ftOrders, unfilled, end of month doProduction _ _ _ doShipments doStocks, gross (mill and concentration yards), end

of month mil bd ftExports, total sawmill products _ _ _.M bd. ft

Sawed timber doBoards, planks, scantlings, etc do

Prices, wholesale, composite:Boards, No. 2 and better, \" x 6" x R. L.*

dol. per M bd. f t_ .Flooring, B and better, F. G., 1" x 4" x S/L*

dol. per M bd. ft..Western pine:

Orders, new mil bd ftOrders, unfilled, end of month.. _ doProduction _ . _ doShipments doStocks, gross, mill, end of month doPrice, wholesale, Ponderosa, boards, No. 3 com-

mon, 1" x 8" dol. per M bd. ft

SOFTWOOD PLYWOOD

Production thous. of sq. ft., %" equivalentShipments doStocks, end of month do

HARDWOOD FLOORING

Maple, beech, and birch:Orders, new . _ ... M bd. ftOrders, unfilled, end of month. doProduction _ _ doShipments _ . _ doStocks, mill, end of month... do

83, 538213, 085

3,793806

2,9873,474

6922,782

6,5842,3214,263

966889

1,0451,012

60743, 35913,79229, 567

83. 657

132. 700

689331816750

1,51010,6953,4577,238

79. 861

1 55. 061

740742792701

1,427

86.45

285, 278275, 49065, 801

o nye

19, 0255,4004,8505,325

93, 155204, 938

3,660837

2,8233,171

6322,539

7,1112,5264,585

742704954882717

48, 76112, 01036, 751

82. 268

132. 700

605299695637

1,5689,0092,5896,420

78. 814

155.061

763754847723

1,551

85.73

281, 340280, 90865,529

4,30017, 3505,5505,3005,675

96, 239221, 873

3,147767

2,3802,741

5722,169

7,5432,7204,823

737644708656795

38, 25911, 74426, 515

82. 068

131. 998

619286677632

1,61320, 6523,791

16,861

78.411

155. 061

724734741644

1,648

84.13

195, 059178, 87580,323

3,67516,9754,0504,0005,600

102, 367220, 111

3 584767

2,8173,231

5942,637

7,8702,8934,977

867509987926830

53, 98012, 45341, 527

81. 935

130. 230

742329707699

1,62111, 9292,6779,252

78. 625

155.061

749701801716

1,733

81.68

283, 321270, 99491, 462

4,55015, 6505,4505,2005,850

76, 745206, 518

3 200746

2,4542,937

5742,363

8, 1323,0655,067

835514860830861

38, 4387,421

31,017

82. 212

129.842

697370622656

1,58714, 2922,336

11, 956

78.915

155.061

700714684614

1,803

78.97

242, 823235, 62797, 932

3,17514, 5004,8004,1006,500

106, 072232, 368

3 514' 741

2 7733 412

6552 757

8 1933 1525 041

923374981965836

47, 67720, 82326, 854

82. 648

129.842

808381728797

1 51816, 9963 522

13, 474

79. 735

155. 061

747745744690

1,857

78. 85

269, 629257, 805110, 649

3 70013,5004 7504,3506,900

81 223213, 655

3 210686

2,5243 163

6902 473

8 2403,1485 092

764245898892841

43, 71421, 14322, 600

81.741

128.617

639337695683

1,5309, 5052 7146,791

80.612

155.061

635714641619

1,879

78.17

187, 254189, 383108, 524

3,35012,9503 9003, 6007,300

80 413160 885

2 632645

1,9872,541

6001,941

8 3643, 1935 171

754904717668924

43, 65214, 85628, 796

81. 368

128. 209

553310626580

1,57611,6653, 7257,940

80. 797

155. 061

530716419478

1,820

78.74

176, 132195, 25988, 552

3,15012, 3003,7503,5507,575

2 45 777142 814

2 797611

2 1863 021

6192 402

8 3113 1865 125

7521 065

799918971

15, 2509 1106, 140

81. 508

126. 575

748312791746

1 6218 8781 3907 488

80.642

155.061

552684355485

1,690

78.58

244 Oil238 91192 577

4 80013, 0504 5003 7508,250

92 918168, 582

2 870675

2,1952 950

6812 269

8 2323 1805 052

8141 001

830833968

55, 54117, 65737, 884

82. 467

126. 575

712327707697

1 63111,9752 5959, 380

80. 196

155. 061

490472390471

1,609

79.22

253 003260,81585 003

3 55012, 2504 1504 2508,050

69 868203, 218

3 031722

2,3093 024

6962 328

8 2113 1795 032

806961860835993

37, 2549,292

27, 962

82. 887

125. 432

700318688709

1 61010, 2782 4007,878

79. 765

155.061

498465481505

1, 585

80.39

269 857269, 73285 350

3 60011, 7004 3503 8008.600

75 651190, 425

3 197660

2, 5373 251

6602 591

8 1233, 1794 944

906904919949903

43, 30019.09024, 210

85. 239

125.759

744300758762

1 60610, 2761 3648,912

79. 676

155. 061

608602564579

1,594

82.10

282 864282 07085 800

3 55010, 7004 3003 3509,475

3,064651

2.4133, 031

6512, 380

8, 1 513,1794 972

727848746771878

84. 840

124. 942

749296780753

1 633

79. 662

155.061

609501592571

1,615

82.10

233 095233, 77184 110

3 57510, 2003 6503 6509, 575

r Revised. 1 Specification changed; earlier data not strictly comparable. 2 Data beginning January 1952 have been adjusted to conform to the 1952 revision of the export schedule.t Revisions for January-October 1950 are available upon request.

cfThe figures include a comparatively small number of "other footwear" which is not shown separately from shoes, sandals, etc., in the distribution by types of uppers; there are furthersmall differences between the sum of the figures and the totals for shoes, sandals, and play shoes, because the latter, and also the distribution by kinds, include small revisions not available bytypes of uppers.

§Excludes "special category" items.*New series. Data are compiled by the U. S, Department of Labor, Bureau of Labor Statistics,' monthly data prior to March 1951 (February 1951 for softwoods) will be shown later.

S-32 SURVEY OF CURRENT BUSINESS July


1951


berDecem-

ber

1952


LUMBER AND MANUFACTURES—Continued

HARDWOOD FLOORING— Continued

Oak:Orders, new _ M bd. ftOrders, unfilled, end of month doProduction -- doShipments doStocks mill, end of month do

65, 80665, 62094, 49985, 92251, 947

51, 75753, 09381, 26971, 48861, 728

65, 72154, 74071,30169, 05363, 976

83, 28857, 24683, 69980, 78264, 635

84, 03265, 77874, 29775, 50063, 432

83, 33566, 61386, 62885, 37264, 688

57,15654, 98581,03573, 26372, 460

49, 60753, 00264, 18154, 55482, 087

77, 91956, 99578, 65773, 92686, 818

87, 84067, 79573, 09477, 04082, 872

80, 91976, 93175,66077 36681, 168

89, 01879, 14282, 92284 64377, 817

84, 30678, 77784, 95384, 67177, 257

METALS AND MANUFACTURES

IRON AND STEEL

Foreign trade:Iron and steel products (excl. advanced mfrs.):

Exports total ^hort tonsScrapQ do

Imports total doScrap _ do _

Iron and Steel Scrap

Consumption total§ thous of short tonsHome ^crap doPurchased scrap do

Stocks consumers' end of month, total§ doHome scrap doPurchased scrap do

OreIron ore:

All districts:Mine production thous of long tonsShipments doStocks at mines end of month do

Lake Superior district:Shipments from upper lake ports doConsumption by furnac6S 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 tonsShipments, total do

For sale do..Castings, malleable iron:§

Orders unfilled for sale short tonsShipments total do

For sale doPig iron:

Production thous of short tonsConsumption! doStocks (consumers' and suppliers'), end of month §

thous of short tonsPrices, wholesale:

Composite _ dol. per long tonBasic (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:Ôrders unfilled, total _ doShipments, for sale, total . . do

Drop and upset . _ _ _ doPress and open hammer do

Steel ingots and steel for castings:Production thous. of short tons

Percent of capacity?Prices, wholesale:

Composite finished steel dol. per IbSteel billets, rerolling (producing point) cT

dol. per net ton. .Structural steel (producing point) 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.-. _ thousandsShipments doStocks, end of month do

296, 95420, 111

378, 35819, 086

6,8283,3703,4584,1541,1233,031

14, 36214, 9909,128

12, 6647,761

19, 77217, 6962,075

834

49

2,2291,397

796

277, 778101, 34561, 918

6,1736,184

1, 613

53.6152.0052.50

188, 956130, 82639, 194

1,208,350177, 273117, 47559, 798

9,100103

.0471

56.00.0400

45.00

10, 4512,605

47

280, 66214, 456

292, 78414, 102

6,3773,1873,1904,1121,1702,941

14, 93215, 7838,277

13, 1667,499

26, 42323, 7312,6921,235

85

2,1621,309

743

258,14494,37657,176

5,9785,989

1,633

53.6152.0052.50

184,424131,21941,605

1, 263, 657170,371110, 97959, 392

8,662101

.0471

56.00.0400

45.00

10, 7352,632

28

287, 24521, 829

315, 35828, 993

5,9343,0432,8924,1991,1713,028

15,10316, 2517,129

13, 5747,556

33, 14229, 2993,8431,083

52

2,2081,029

568

263,01776, 82645, 072

6,0705,955

1,771

53.6152.0052.50

147, 251100, 14127, 235

1,361,005147, 31995, 27552, 044

8,68498

.0471

56.00.0400

45.00

10,0662,366

31

305, 89222, 213

279,81826, 074

6,2883,2403,0484,4271,2123,215

15,83216, 4486,515

13, 2297,699

39, 92035, 0574,8631,049

69

2,1451,219

698

249, 27390, 72757, 164

6,0636,001

1,819

53.6252.0052.50

177, 096128, 98141, 162

1, 435, 893157, 973103, 96254, Oil

8,73999

.0471

56.00.0400

45.00

9,0762,781

31

349, 61525, 455

255, 26817,116

6,0233,1272,8964,4371,2153,222

14, 76414, 9006,381

12, 6727,473

45, 45339,5045,950

848

71

2,0551,115

626

244, 57582, 27648, 568

5,8905,898

1,818

53.6752.0052.50

160, 695116, 65834, 693

1,418,515149, 73697, 32652, 410

8,660101

.0471

56.00.0400

45.00

8,5352,322

24

296, 08120, 651

248, 18617,417

6,5743,4093,1654,4921,2553,237

13, 90014, 6235,639

11,0897,749

50, 22943, 4256,8041,105

68

1,9831,302

733

238, 01993, 88458, 251

6,1976,274

1,844

53.6752.0052.50

189, 929139, 95339, 290

1, 426, 645191, 483130, 67560, 808

9,122103

.0471

56.00.0400

44.75

8,0362,511

26

344, 23221, 533

219, 55924, 630

6,2683,2443,0244,4221,2403,183

7,0527,5005,182

5,6957,624

49, 09942, 2586,841

740

79

1,9341,184

674

220, 74088, 21053, 682

5,9115,922

1,811

53.6752.0052.50

176, 728131, 27634, 524

1, 446, 118176, 342119, 04757,295

8,799103

.0471

56.00.0400

44.00

7,2942,147

32

416, 70019, 115

257, 30722, 013

6,1413,1662,9754,3661,1993,168

3,6823,1325,794

7917,639

43, 71137,3156,396

656

65

1,8471,033

583

215, 13476, 04545, 543

5,9775,916

1,751

53.6752.0052.50

165, 110123, 44832, 733

1, 410, 646165, 023109, 01456, 009

8,891101

.0471

56.00.0400

44.00

7,8302,176

31

402, 24221, 992

235, 15715, 169

6,5493,4263,1234,3561,1663,190

3,7042,1087,404

07,527

35, 92730, 369

5,558659

78

1,8011,199

694

202, 79987, 00354,988

6,0406, 106

1,761

53.6752.0052.50

183, 738139, 48836, 650

1,471,620190, 774129, 76161,013

9,13699

.0471

56.00.0400

44.00

8,1262,085

66

407, 05116, 247

181, 7469,285

6,2413,2153,0264,6971,1533,544

3,6052,1608,849

07,229

29, 20724, 6934,514

624

70

1,7661,155

655

193,06182, 89850, 129

5,7855,756

1,764

53. 6752. 0052.50

174, 626133, 60231,317

1,464,255187, 487125, 04262, 445

8, 657101

.0471

56.00.0400

44.00

7,5701,961

59

501, 97717,074

148, 56212, 115

6,6113,4073,2045,0721,1783,894

3,7142,341

10, 236

08,022

21, 45118, 0823,369

674

73

1,7111,172

661

196, 89680, 96049, 084

6,3006,219

1,789

53.6752.0052.50

173, 694131, 99732, 118

'1,359,752r 176, 441r 127, 768

r 48 673

9,404102

.0471

56.00.0400

44.00

7,7372 008

58

483 07421, 200

119, 66113, 441

9,0738,655

10, 629

6,5326,616

19, 59216, 4873,105

687

80

1,6141,205

653

198, 21589, 27056, 337

5,225

53.6752.0052.50

175, 075134, 32533. 549

1, 349, 288169, 404126, 85442 550

7,99190

.0471

56.00.0400

44.00

7,4842 207

51

12, 497

53.8052.0052.50

8,26190

.0471

56.00.0400

44.00

7,0522,117

48r Revised.©Data beginning 1951 have been adjusted in accordance with the revised export schedule to exclude exports of tinplate, circles, strips, etc.§Data beginning January 1951 are estimated totals derived from a survey of approximately 1,300 establishments by the Bureau of Mines and the Bureau of the Census.f The Bureau of the Census estimated industry totals beginning May 1951 are based on reports from forge shops (shipping 50 tons or more per month) which account for over 95 percent of

all forgings produced. For May, shipments by the additional plants increased total shipments 13 percent; for total unfilled orders, the adjusted May figure is increased 27 percent and alsoincludes orders for the manufacturers' own use.

JFor 1952, percent of capacity is calculated on annual capacity as of January 1, 1952, of 108,587,670 tons of steel; 1951 data are based on capacity as of January 1, 1951, of 104,229,650 tons.cfRevised beginning in the April 1952 SURVEY to represent quotations per net ton.

July 1952 SURVEY OF CUREENT BUSINESS S-33


1951


berDecem-

ber

1952


METALS AND MANUFACTURES—Continued

IRON AND STEEL—Continued

Steel, Manufactured Products— Continued

Cans, metal, shipments (in terms of steel consumed),total short tons .

Food doNonfood do

Shipments for sale do^Commercial closures, production millions. _Crowns production thousand grossSteel products, net shipments:

Total thous of short tonsBars, hot rolled — Carbon and alloy do

Reinforcing doSemimanufactures doPipe and tubes doPlates doRails doSheets doStrip — Cold rolled do

Hot rolled doStructural shapes heavy doTin plate and terneplate doWire and wire products do

NONFERROUS METALS AND PRODUCTS

Aluminum:Production, primary short tons _Imports bauxite long tonsPrice, wholesale, scrap castings (N. Y.)

dol. perlb_.Aluminum fabricated products, shipments,

totalcf mil. of IbsCastings -doWrought products totaled do

Plate, sheet, and strip doBrass sheets, wholesale price, mill dol. per lb_.Copper:

Production:Mine production, recoverable copper

short tons..Crude (mine or smelter, including custom in-

take) short tons..Refined do

Deliveries, refined, domestic _ _ doStocks, refined, end of month doExports, refined and manufactured doImports, total do

Unrefined including scrap doRefined do

Price, wholesale, electrolytic (N. Y.)--dol. per lb._Lead:

Ore (lead content) :Mine production short tonsReceipts by smelters, domestic ore do

Refined (primary refineries):Production doShipments (domestic) -doStocks end of month do

Price, wholesale, pig, desilverized (N. Y.)dol. perlb_.

Imports, total, except mfrs. (lead content)short tons _

Tin:Production, pig __long tons_.Consumption, pig doStocks, pig, end of month, total§ do

Government§ doIndustrial __do

Imports:Ore (tin content) do _ _ _Bars, blocks, pigs, etc do

Price, wholesale, Straits (N. Y.) dol. per lb__Zinc:

Mine production of recoverable zincshort tons__

Slab zinc:Production _ _ _ __doShipments, total do

Domestic doStocks, end of month do

Price, wholesale, prime Western (St. Louis)dol. perlb._

Imports, total (zinc content) short tons__For smelting, refining, and export doFor domestic consumption:

Ore (zinc content) doBlocks, pigs, etc - do

HEATING APPARATUS, EXCEPTELECTRIC

Boilers, radiators and convectors, cast iron:Boilers (round and square):

Shipments thous. of IbStocks, end of month _ _do _ _

Radiation:Shipments thous. of sq ftStocks, end of month do

' 308, 360' 206, 284r 102, 076' 259, 480

1,40430,282

6,939787162293801716166

1,847187204430396513

67,720180, 141

.1725

185.540.5

145.091.8.377

83,779

96, 541113, 513118, 11360, 89614, 04146, 77124, 89221, 879.2420

33, 70633, 198

44, 95140, 96333, 420

.1700

11,201

3,4205,295

35, 44619,90615, 435

1,3491,213

1.3996

58,779

80, 43077, 56773,09317, 411

.175030, 1292,269

13, 58214, 278

10, 44380, 306

2,4136,805

' 309, 519' 218, 952' 90, 567

r 267, 2331,313

28, 461

6,646734152292770685161

1,739180173409425493

67,454272, 903

.1725

182.336.0

146.488.6.373

75,847

87, 103105, 127114, 10360,91213, 16248, 62430, 60218,020.2420

32, 31232, 244

39, 95240, 04133, 308

.1700

18,397

2,9945,093

32,09118, 10513,917

2,9241,868

1. 1805

56,546

77, 67979, 29974, 14915, 791

.175042, 7352,878

31, 6248,233

12, 77086, 777

2 2848,699

«• 356, 357' 263, 719' 92, 638

r 318, 3911,068

26, 861

5,989689151303681653146

1,617128146397347345

72, 698284, 318

.0775

159.827.4

132.482.7.373

75,407

82, 57793, 258

101, 09568, 04513, 53546, 60632, 39114, 215.2420

30, 19429, 920

44, 86444, 40433, 504

.1700

11,728

2,7014,719

' 30, 523T 17, 612

12, 749

2,6632,321

1.0600

53, 126

78, 95583, 34676, 46111, 400

.175034, 3663,057

23, 7267,583

11, 46187, 101

2 2209,024

483, 188367, 257115, 931428, 044

1,11833, 638

6,756744184322785691165

1,719191185407430492

73, 816251, 283

.0775

187.635.5

152.091.5.375

67, 939

73, 32479, 613

104, 93870, 9376,714

58, 96935, 93523, 034.2420

29, 68629, 280

31, 75640, 25224, 997

.1700

26, 950

2,7975,175

' 27, 802r 15, 500

12, 236

2,4301,172

1. 0300

54, 364

74, 03574, 19165, 69611, 244

.175032,8414,098

23,5395,204

18, 74887,007

3 5649,420

417, 378306, 610110, 768371, 686

92724, 692

6,207712160314719657139

1,548162185386358456

69, 429211, 953

.0775

161.732.5

129.277.5.383

68,989

74,16574,354

121, 87962,0934,971

46, 56627,55119, 015.2420

27,62027, 755

30, 47431, 65423,640

.1700

13, 658

2,4144,947

' 25, 392r 13, 56711, 790

5911,865

1.0300

50, 118

70, 62364, 63258, 43617, 235

.175019, 8562,246

12,4045,206

22 12982, 630

4 0568,690

374, 200254, 635119,565333,018

1,02624, 625

6,844785170315809684165

1,716184199442394505

72, 647275, 407

.0775

179.435.2

144.182.5.383

81,014

87, 896104, 148125, 28678, 1929,864

42, 94318, 16424,779.2420

33, 11031, 806

34, 27331, 16426, 742

.1900

20, 707

2,3535,014

r 22, 905' 11, 292

11, 508

4,5451,969

1. 0300

60, 546

79, 43273, 58368, 36523, 084

.195017, 5562,309

7,2338,014

31, 08071, 374

4 7987,860

263, 468156, 035107, 433229, 422

82019,900

6,509778155283784666136

1,693165184421327479

72, 246229 563

.0775

171.532.4

139.278.8.383

77,294

82, 617103, 614123, 64668, 16016, 48839, 69413 13126, 563.2420

32, 32628, 775

36,23437, 08425, 871

.1900

20,009

2,0554,595

r 20, 358r 8, 30811,909

6431,188

1.0300

57, 195

79, 37677, 41970 08425, 041

.195021, 5375,411

9,1346,992

19 33568, 584

3 5127,' 572

235, 107140, 32594, 782

203, 902774

16, 903

6,411748162313777708146

1,590154180409352441

72, 454203, 624

.0775

175. 240.9

134.375.5.383

79, 167

86, 68098, 532

119, 57771, 52816, 59936, 02319, 23116, 792.2420

33, 49927, 273

36, 75437, 27425, 339

.1900

25, 756

1,9724,397

' 17, 843r 6, 75311, 018

1,8201,591

1.0300

57, 269

81, 76984, 90973 69421, 901

.195024, 0616,473

9 8637,725

11 16869, 677

2 4707,' 784

234, 372143, 99790,375

195, 980976

22, 717

6,589797168285811707156

1,644180186427298477

76, 934325 071

.0775

' 193. 8M4.6149.181.3.383

77, 691

83, 192100, 269130, 43060, 836

1 10, 59849, 58316 67732,906.2420

34, 38128, 501

43, 74640, 39028, 578

.1900

15, 397

1,9844.879

r 14, 751r 4, 52510, 125

1441,005

1.0973

59, 523

83,20578, 40375 03926, 703

.195018, 7392,306

11, 7694,664

11 31873, 039

2 7848,' 382

235, 648144, 43991,209

199, 445896

24, 316

6,358757158268795711138

1,534158171437359448

72, 374212, 481

.0775

r 191. 3'45.0146.378.7.383

72, 564

80, 87695. 979

104, 79559, 74712, 84241, 04927, 46913, 580.2420

34,33740, 148

44, 13341 , 29131, 297

.1900

42,460

1,9904,524

' 13, 297' 3, 617

9,567

1,472598

1. 2150

59,098

77, 29677, 44870, 92826, 551

.195049, 2254,996

38 9805,249

10 21177, 267

2 2268,702

266, 920157, 279109, 641228, 841

96225, 357

6,890801193317872784162

1,609156170431478465

77, 069311 137

.0775

200.146.4

153.682.9.383

' 78, 851

87, 11094, 563

112, 62558, 48715, 303

r 48, 272r 25 928

22, 344.2420

33, 66241, 251

48, 94339, 16141 040

.1900

81, 496

2,0224,489

f 18, 242r 9, 0049,119

8217,752

1. 2150

61, 292

85, 02885, 57580 12126, 004

.1950123, 605

6 821

108 2808,504

9 16181, 800

2 0748]893

287, 691173, 635114, 056241, 444

1,10427, 774

5, 922693144292718658128

1,434143143354398422

76, 880209 286

.0775

209.749.8

159.985.1.383

r 80, 332

' 89, 47998, 402

107, 35561, 22319, 49442, 94823 35419, 594.2420

«• 34, 36335, 762

' 39, 32938, 22541, 820

.1892

57, 760

1,9893,919

26, 17215, 45810, 645

73210 8941.2150

r 60, 443

83,01185 59273 81823, 423

.1950122, 483

7 993

106 9257,565

9 48087 814

1 76010! 010

80, 803

.0768

157.886.5.383

82, 217

93, 02497, 593

105, 36255, 351

.2420

33, 57536, 149

45 54628, 59158, 775

.1573

1. 2150

62, 150

84, 18874 66564 45732,946

.1950

«• Revised. 1 Data beginning 1952 are in accordance with the revised export schedule and include certain primary forms of copper manufactures formerly excluded; the value of suchexports amounted to about $1.5 million in January-September 1951.

cfSee note in June 1951 SURVEY regarding additional reporting companies beginning February 1951.§Government stocks represent those available for industrial use; total stocks include small amount not distributed.

S-34 SURVEY OF CUREENT BUSINESS July 1952


1951


berDecem-

ber

1952

January February March April May

METALS AND MANUFACTURES—Continued

HEATING APPARATUS— Continued

Boilers, range, shipments number. _Oil burners:

Orders, unfilled, end of month _ doShipments doStocks 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 doCoal and wood doGas doKerosene gasoline and fuel oil do

Warm-air furnaces (forced-air and gravity-air flow),shipments, total number

Gas - _.do_ _Oil doSolid fuel ..do

^âter heaters nonelectric shipments do

MACHINERY AND APPARATUS

Blowers, fans, and unit heaters, quarterly:Blowers and fans new orders thous of dolTJnit heater group new orders do

Foundry equipment (new), new orders,net 1937-39=100

Furnaces, industrial, new orders:Electric thous. of dolFuel-fired (except for hot rolling steel) _.do.

Machine tools:New orders _ . 1945-47= 100. _Shipments do

Mechanical stokers, sales:Classes 1 2 and 3 numberClasses 4 and 5:

NumberHorsepower __ _

Pumps, steam, power, centrifugal and rotary, neworders thous. of dol__

ELECTRICAL EQUIPMENT

Batteries (automotive replacement only), ship-mentsf thousands

Domestic electrical appliances, sales billed :Refrigerators index 1936=100Vacuum cleaners, stand'ard type number..Washers 0 _ .-do-

Radio sets production* -doTelevision sets (incl. combination), production*

number. .Insulating materials and related products:

Insulating materials sales billed index 1936=100Fiber products:

Laminated fiber products, shipments §thous. of dol. -

Vulcanized fiber:Consumption of fiber paper thous. of lb_-Shipments of vulcanized products

thous. of dol. _Steel conduit (rigid) and fittings, shipments 9

short tons__Motors and generators, quarterly:

New orders index 1936=100Polyphase induction motors, 1-200 hp:d"

New orders thous. of dolBillings do

Direct current motors and generators, 1-200 hp.:d*New orders . . . _ _ thous. of dol__Billings _do___.

47, 218

52, 59241, 98488, 512

195, 1217,911

178, 4908,720

286, 87866, 439

131, 84788, 592

56, 28226, 89719, 22710, 158

200, 599

431.7

4,7665,044

483.0175.1

974

18456, 624

6,371

«• 1, 480

183201, 983262, 734

1,417,828

405, 000

614

8,583

4,185

2,237

27, 891

43, 174

48, 48747, 21991, 674

147, 7579,201

129, 1079,449

286, 53369, 997

141, 06375, 473

61, 91028, 23222, 11411, 564

163, 220

38,06914,583

393.2

3,3706,279

558.8182.8

1,327

23478,390

6,852

' 1, 443

154194, 548261,648

1,120,417

352, 500

610

8,626

5,383

2,155

27, 749

696

56, 57348, 166

12, 7797,690

28, 467

53, 85444, 50394, 365

131, 6956,313

116,9528,430

350, 49177, 824

158, 146114, 521

55, 04523, 50021, 7839,762

127, 046

390.3

5,5875,284

490.6144.7

1.391

19152, 155

8,358

' 1, 705

97161,002143, 436491,413

148, 926

494

7,136

4,701

1,847

23,890

31, 113

48, 43363, 57889,038

187, 67710, 028

169, 2248,425

451, 971130, 600168, 005153, 366

77, 19229, 78030, 63016,782

153, 809

404.5

3,8914,850

488.9178.9

2,825

23861, 785

5,911

' 2, 239

97191, 299242, 975620, 956

146, 705

539

7,230

5,461

2,129

25, 017

29,819

48, 63375, 42183,815

206, 27611, 741

184, 8159,720

454, 222136, 644177, 108140, 470

87, 41233, 32937,29016, 793

160, 433

32, 27213, 572

346.5

3,2501,821

380.2189.8

3,001

23960, 984

6,552

' 2, 172

114210, 086319, 475

1,147,837

337, 341

521

7,389

4,802

1,711

25, 941

600

44, 87842, 438

9,1605,832

30, 543

44, 98792, 69871, 476

236, 58811, 330

212, 16813, 090

575, 615179, 021241, 322155, 272

105. 68940, 78044, 32620, 583

181, 623

372.4

3,1726,374

403.9221.3

3,189

28960, 610

6,506

' 2, 640

113259, 469304, 131921,012

411,867

559

8,032

5,462

1,804

26, 680

32, 370

35, 84363, 70571,886

216, 04811, 549

193 12311, 376

452, 579124, 696200, 348127, 535

83,66736, 95334, 76611, 948

173, 056

305.5

2,8822,519

330. 5226.0

1,998

15235, 707

5,908

' 2, 232

87219,119268, 645823, 943

415, 332

511

7,513

4,711

1,523

26, 409

26, 485

38, 03339, 83076, 102

168, 1149,470

150, 7777,867

181,15946, 52878, 74755, 884

55, 28126, 77122, 565

5, 945146, 203

30, 82816 430

230.5

2,1002,873

376.5264.7

1.095

11521,284

5,553

' 1, 792

115230, 263224, 471977, 977

467. 108

466

6,833

4,170

1,232

23, 871

573

44, 18940 722

10, 7136,619

31, 193

40, 25645, 74877, 518

184, 2759, 501

166 6698,105

145, 26822, 76163, 69658 811

50, 00224, 30620, 4985,198

171,337

404.5

2,8563,379

347. 8266.6

1,327

16143, 931

5,517

' 1, 639

153230, 226218, 956632, 455

404. 933

548

8,115

4,836

1,646

25, 982

28, 245

36, 78937, 79280, 775

187, 5059,589

166, 68711, 229

144, 46219, 31860,84364,301

48, 52924, 01719, 3095,203

167, 335

200.4

1,3632,418

318.8279.6

1,145

11557, 455

6,020

••963

153235, 936261, 512759, 453

409. 337

528

7,830

4,484

1,618

25, 530

22,202

39,16340, 03881, 408

204, 6578,625

185, 75110,281

154, 43425, 45064, 12064,864

51,27725, 79720, 8484,632

172, 320

30, 16713 449

310.0

2,1001,809

324. 3299.5

966

13139, 165

5,925

••769

163290, 092254, 135975, 892

510, 561

536

7,796

4,216

1,565

27, 328

517

42 45544 820r 8 793

9,410

23, 446

36, 28445, 48180, 183

199, 6057,475

182, 9429,188

147, 43525, 38162,01460 040

50, 93327, 02919, 6954,209

176 036

385. 1

2,2983,613

r293. 5r 307. 9

1,059

13650, 528

6,354

••849

133217, 169222, 266847, 946

322, 878

545

7,899

4,133

1,430

22, 767

225.2

3,7133,037

p 286. 3p 322. 3

1,158

15345, 119

6,140

1,139

216, 969219, 882748, 344

309, 375

7,739

3,640

1,332

23, 243

PETROLEUM, COAL, AND PRODUCTS

COALAnthracite:

Production thous. of short tonsStocks in producers' storage yards, end of month

thous. of short tons__Exports _ _ doPrices, chestnut:

Retail, composite! dol. per short ton_.Wholesale, f. o. b. car at minef __do.

Bituminous:Production _ . . - thous. of short tonsIndustrial consumption and retail deliveries,

total thous. of short tons..Industrial consumption, total do

Beehive coke ovens __ _ do. _Byproduct coke ovens doCement mills doElectric-power utilities _ doRailways (class I) __doSteel and rolling mills doOther industrial do

Retail deliveries _ do

3,622

747414

22.1513. 775

43, 362

34, 59231, 286

9748,708

6957,6644,367

6098.2693,306

3,743

792475

22.4613. 989

43,536

33, 86930, 150

9828,465

6857,7283,985

5687, 7373.719

2,770

877526

22.6214. 156

34, 103

33, 21429, 602

8368,706

6997,7433,814

5347,2703,612

3,514

1,005605

22.8514. 319

47, 184

36, 65631, 521

9908 742

7018 6254,064

5797 8205.135

3,178

1,145706

23.0014. 513

42, 954

35, 75430, 190

8508,454

6888 2883,902

5447 4645.564

4,548

1,161892

23.1514. 513

51 797

40, 00233 244

9718 691

7289 2364 252

6258 7416.758

4,016

1,055633

23.3114. 513

49 340

41,43534 027

9338 367

781q 3824*344

7059 5157.408

3 612

982583

23. 3114 513

44 123

42, 80334 fifin

9718 670

7589 2674 463

7589 7738. 143

3 974

939534

23. 3114 513

49 900

44, 28434 g95

9988 758

7409 5404 301

7759 700Q 28Q

3 162

1,005391

23.3114 513

43 770

39, 58731 757

9278 171

6738 4343 877

7438 QOO

7 fi^n

2 959

1,024391

23.3114 513

41 075

39, 24032 170

8998 807' KM

8 5103? 698

A77

7 n?n

r 3 187

1,026295

23.0813 394

r 39 3QQ

32, 63628 422

6857 g27

fins7 7813' 321

CQO

4 01/1

3 203

1,149

21.6913 456

36 755

30, 75827 741

6817 854

AQ7

7 7943 075

^fi9

Q ni7r Revised. p Preliminary. *New series. See note marked "*" o:

only (representing about 97 percent of total industry). § Data for Januar, ___„ _09 Beginning January 1952, data include sales of an additional firm; earlier data will be revised later.

:>r> p. S-35. ©Figures through 1951 are estimated industry totals; thereafter, data cover reporting companiesTy-August 1951 and beginning January 1952, cover 14 companies; September-December 1951, 15 companies

^ „ , ier data will be revised later.cf The number of companies reporting is as follows: Polyphase induction, 1st half of 1951, 32; 2d half of 1951, 33; 1st quarter of 1952, 34; direct current beginning 1951 28tRevised series. For revised batteries data beginning 1947, see note at bottom of p. S-35. Retail prices are weighted averages for large cities. Wholesale prices supersede former qu"f>tions

on tracks, destination. Revised data prior to 1951 will be shown later.

July 1952 SURVEY OF CURKENT BUSINESS S-35


1951

May June July August Septem- October Novem-ber

Decem-ber

1952


PETROLEUM, COAL, AND PRODUCTS—Continued

COA L — Con tinued

BituminoUvS — ContinuedConsumption on vessels (bunker fuel)

thous. of short tonsStocks, industrial and retail dealers', end of month,

total thous of short tonsIndustrial, total do

Byproduct coke ovens _ do. __Cement mills doElectric-power utilities _ _ do _Railways (class I) doSteel and rolling mills doOther industrial _ __do_ _.

Retail dealers do

Exports doPrices:

Retail, composite t dol. per short ton__Wholesale :

Mine run, f. o. b. car at minet - - - .-doPrepared sizes, f. o. b. car at minef do. _

COKEProduction:

Beehive § thous. of short tonsOven (byproduct) doPetroleum coke _ _ _ do

Stocks, end of month:Byproduct plants, total do

At furnace plants doAt merchant plants do

Petroleum coke doExport^ - doPrice, beehive, Connellsville (furnace)

dol. per short ton..

PETROLEUM AND PRODUCTS

Crude petroleum:Wells completed _ __ numberProduction thous of bblRefinery operations percent of capacityConsumption (runs to stills) thous of bblStocks, end of month :d"

Gasoline-bearing in U. S., total doAt refineries doAt tank farms and in pipelines. doOn leases do

Exports doImports doPrice (Oklahoma-Kansas) at wells_.dol. per bbl_.

Refined petroleum products:Fuel oil:

Production:Distillate fuel oil - thous. of bbl. .Residual fuel oiL . _ do

Domestic demand:Distillate fuel oil doResidual fuel oil do.

Consumption by type of consumer:Electric-power plants doRailways (class ! ) _ _ . doVessels (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 bblDomestic demand doStocks, end of month do_.Exports - - doPrice, wholesale, bulk lots (New York Harbor)

dol. per gal._Lubricants:

Production thous. of bblDomestic demand,- doStocks, refinery, end of month _ doExports© --- - - - - do.Price, wholesale, bright stock (midcontinent,

f. o. b. Tulsa) dol. per gal..

110

74, 80773,10916, 1751,266

29, 8264 5671,232

20,0431,698

5,485

15.73

5.6776.583

6086,122

335

1,4451,211

23312362

14. 750

2,074191, 268

94199, 521

248, 41865, 365

165, 50017, 553

1,79116,0192.570

37,50039, 202

25, 51944, 104

4,5083,6586,663

55, 27339 317

1,8842,679

.0911.750

10, 6985,877

20, 331667

.101

5,4543,8508,4511,477

.290

98

76, 99275, 25816, 2471.333

31, 0604 9991,195

20, 4241,734

5,231

15.73

5.7696.610

6255,943

315

1,3951,135

26011290

14. 750

1,975183, 898

97197, 246

248, 17065, 536

164, 93417, 700

2,34216, 4872.570

37, 61438, 303

24, 13242, 153

4,5443,4156,177

67, 83941, 566

1,1492,471

.0911.750

9, 8155,494

24, 169388

.101

5,0943,6328,4441,387

.290

93

74, 10072, 24814, 0351,316

31, 6354 426M68

19, 6681,852

4,824

15.82

5.6586.533

5266,104

326

1,5181,175

3439994

14. 750

1,896190, 362

95200, 322

250, 84767, 046

166, 07717, 724

2,32017, 6122.570

38, 06739, 516

24, 27739, 400

4,3753,3385,790

79, 43745, 163

2,2803 119

.0911.750

10, 2206 490

27, 277592

.101

5 2413,3488,6621,593

.290

96

75, 41473, 49214, 4491,339

32, 3924 3311,156

19, 8251,922

6,178

15.86

5.6466.581

6166 152

319

1 6261 204

42297

122

14. 750

2,307193 201

96202 721

254 27665 501

171,07417 701

2 36115 2322. 570

38, 33537 993

27 18540, 454

5 0383 5176 750

87 43247 243

3 1183 005

.0911.750

10 5066 455

30, 2411 000

.101

5 3793,5928,8751,499

.290

86

76 24574, 35214, 4261 353

33, 0984 2451,147

20,0831,893

6 104

15.95

5.6806.679

5475 923

316

1,7641 298

46694

100

14.750

1,975187 816

97196, 752

254, 90064,916

171, 73018, 254

2 19914 4582.570

38,45336 843

27 27139, 547

5 0723 2186 250

96, 24148 212

2 5542 962

.0911.750

10 9156 640

33, 1061,326

.101

4 9053,3138,8661,527

.290

104

78 01976 08014, 9531 420

34, 1624 1261 155

20, 2641 939

6 387

16.10

5.6976.718

6296 114

328

1 8151 306

50982

126

14. 750

2 014197 610

95199 826

262 26665 388

179 17317 705

1 94714 4732.570

40, 15937 944

31 65545, 016

5 4403 4866 491

102 56148 415

2 3532 553

.0911.690

11 26210 17133 382

703

.101

5 4324,0908 9141,236

.290

91

77 85875, 94815,1231 508

34, 1044 1631 151

19, 8991 910

5 420

16.14

5.6976.756

6195 882

335

1 7581 264

49583

111

14. 750

2 040188 149

97198 258

261 10065 297

177, 98217 821

1 85813 0502.570

40 72639 111

47 22150, 982

5 9493 3136 331

94 91745 378

1 2421 962

.0911.650

12 08314 96029 948

538

.101

5 1443 4219 1111,441

.290

35

76 63674, 88615, 2701 424

33, 3984 1721 181

19, 4411 750

4 478

16.15

5.6976.773

6256 114

325

1 7381 295

443104109

14. 750

1 947191 650

98206 032

255 78362 311

175 48117 991

2 14711 8352.570

44, 69340 693

57 23354, 382

6 2953 244

15 484

80,78542 063

1 8542 006

.0911.650

12 17116 74424 933

387

.101

5 1573 1639 6171,429

.290

19

75, 42373, 79214, 8271,361

32, 6924 1611 213

19, 5381 631

5 163

16.16

5.6976.773

6376 168

331

1 8101 421

389134112

14.750

2 151192 712

94205 829

254 00762 436

173 47118 100

2 30315 9092.570

45 14141 483

63 18556 246

6 0683 0326 906

i 66 969i 39 523

1 8941 831

.0911.650

13 04016 633

1 22 679752

.101

4 9633 3819 8561 292

.290

19

76 47474,96715, 7861,342

32, 7104 2371 276

19, 6161,507

3,982

16.16

5.6976.769

5895 770

310

1 7651 455

31014286

14.750

1 929184 654

95193 524

255 90064 614

173' 31517*971

2 21114 0832.570

44 31438 352

54 48949 796

4 7752 7676 447

55 36938 295

1 6541 847

.0911.500

10 74214 60818 530

217

.101

4 4562 827

10 0491,357

.290

16

77 29376 04216 7271 276

32 7244 2991*322

19 6941 251

4 057

16.16

5 6976 745

5766 204

321

1 8321 530

30216479

14.750

2 101198 028

93205 825

259 12663 612

177 42218 092

2 93914 1862. 570

43 40239' 482

49 08150 721

5 2222 8516 760

48 75037 971

1 3162 059

.0911.500

11 96412 85316 817

747

.101

4 9212 990

10 1691 751

.290

76r 78, 141r 76, 810r 16, 652

r 1, 24533, 617

4 2541,353

19, 6891, 331

4,248

16.16

5.6236.349

4365,374

296

1,8731 459

41315989

14.750

2,063192 882

89193, 039

270 67969 159

183, 75117 769

3 34017 5362.570

39, 35337 602

33 92145, 119

4 2042 5006 317

51, 63438 561

2 7912 244

.0911.400

10, 9788 150

18, 955613

r.101

4 8313,509

10 1541,276

.290

79, 49678, 03316, 9941,261

34, 5454 1101,336

19, 7871,463

15.99

5.6236.317

14.750

2. 57C

3 717

.0911.350

.101

.290

' Revised. 1 New basis. Comparable data for December 1951 (thous. bbl.): Distillate fuel, 85,872; residual fuel, 42,955; kerosene, 26,940.fRevised series. Retail prices are weighted averages for large cities. Wholesale prices supersede former quotations on tracks, destination. Figures prior to 1951 will be published later.§Revisions for 1950 will be shown later. Încludes stocks of heavy crude in California.©Excludes "special category" exports not shown separately for security reasons.

NOTE FOR RADIO, TELEVISION SERIES, P. S-34. *New series. Compiled by the Radio-Television Manufacturers Association. Data represent industry totals based on reportsfrom both members and npnmembers of the association. Both private and company brands are included. Radio production comprises home, poitable battery, automobile, and (beginning1951) clock models; television sets include combination models. Monthly figures beginning 1947 will be shown later. Data for June, September, and December 1951 and March 1952 cover 5weeks; other months, 4 weeks.

NOTE FOR AUTOMOTIVE REPLACEMENT BATTERIES SERIES, P. S-34. Monthly data beginning 1947 have been adjusted to the bench mark indicated by the1947 Census of Manufactures as follows, January-December, respectively (thous.): 1947—1,594; 1,692; 1,900; 1,973; 1,980; 1,836; 1,515; 2,190; 2,552; 3,016; 2,836; 2,744; 1948—2,530; 2,382; 1,775;1,280; 1,086; 1,267; 1,592; 2,663; 2,793; 3,007; 2,685; 2,015; 1949—1,313; 873; 592; 527; 724; 1,119; 1,730; 2,798; 2,945; 2,719; 2,253; 1,790; 1950—1,551; 1,240; 1,259; 967; 1,264; 1,739; 2,177; 3,000; 3,091; 3,178;2,680; 2,296; 1951—1,979; 1,469; 1,176; 1,892.

S-36 SURVEY OF CUEEENT BUSINESS July 1952


1951


berDecem-

ber

1952


PETROLEUM, COAL, AND PRODUCTS—Continued

PETROLEUM AND PRODUCTS— Continued

Refined petroleum products— ContinuedMotor fuel:

Production total thous. of bblGasoline 'and naphtha from crude petro-

leum thous. of bbl.Natural gasoline and allied products do

Sales of 1. p. g. for fuel, etc., and transfersof cycle products thous of bbl

Used at refineries doDomestic demand _ do _Stocks, gasoline, end of month:

Finished gasoline, total . _ doAt refineries do

Unfinished gasoline do __Natural gasoline and allied products do

Exports cf -- doPrices, gasoline:

Wholesale, refinery (Oklahoma, group 3)dol. per gal__

Wholesale, regular grade (N. Y.)* doRetail, service stations, 50 cities do

Aviation gasoline:Production total thous. of bbl

100-octane and above doStocks, total do

100-octane and above doAsphalt:

Production short tonsStocks refinery end of month do

Wax:Production thous. of IbStocks, refinery, end of month _ _ do_ _.

Asphalt products, shipments:Asphalt roofing, total thous. of squares..

Roll roofing and cap sheet:S mooth-surfaced doMineral -surfaced do

Shingles all types doAsphalt sidings _ doSaturated felts short tons..

96, 811

85, 69116, 646

5,5268,274

100, 188

123, 83073, 6528,4319,0792,239

.104

.129

.200

6,2654,9008.5954,006

1, 123, 6001, 546, 900

131, 320162, 400

5,006

1,0651,0862,855

15067,044

96, 154

85, 41715, 932

5, 1957,586

96, 093

119, 76970, 3637,826

10, 0432,520

.104

.129

.201

5,7654,4268,3053,817

1, 205, 6001, 459, 300

113,680168, 280

4,739

9801,0562,704

12850, 951

98, 643

87, 85116, 367

5,5757,982

100, 476

113, 73467, 2507,748

10,0653,438

.104

.129

.202

5,9314,6638,0053,844

1, 286, 7001,296,500

110, 320179, 200

4,840

1,0081,1452,687

13541, 979

98,799

87, 87516, 977

6,0538,658

101, 206

106, 70461, 1207,7429,8834,103

.104

.129

.202

6,3905,1597,5643,925

1, 363, 6001,064,200

115, 920188, 440

5,865

1,3331,3853,147

17849, 770

96 115

85,00417, 069

5 9588,804

91, 803

106, 54758, 3647,6009,5784,027

.104

.129

.201

5,9504,8537,9154,369

1,247,100947, 800

104, 440197, 680

5,497

1,1961,3572,944

18647, 166

98 510

86, 94218, 167

6 5999,318

99, 945

101, 83756, 9846,9639,0033,293

.104

.129

.203

6,4874,7927,7263,895

1, 225, 300814, 400

100,520193,200

6,552

1,4921,6183,443

26859, 202

95 859

84, 97618, 191

7,3088,917

88, 702

105, 11758,1606,9118,3794,071

.104

.129

.203

6,3905,2667,7263,853

884, 700975,600

101, 080196, 280

4,141

1,0291,0822,029

19244, 742

100 039

88,80018 941

7 7028,838

84, 394

117, 23570, 0517,7478,1863,476

.103

.129

.203

6 5555,4358,2774,356

671, 3001 203 600

92 400202, 440

2,485

634656

1,195120

32,602

98 551

87 44619 058

7 9538 459

86,863

136, 16181 0548,1787 8962 558

.103

.129

.200

6 4095 4808,3994 483

605 6001 331 500

98 280194 040

3,516

928882

1,705163

44, 641

93 134

82, 05218 070

6 9888,113

82, 043

143, 91087 4588,0028 5852,144

.103

.129

.199

6 1374 8758,5034 421

719 3001 527 300

100 240190 400

3,549

876861

1 811144

46,644

99 093

87, 09618 724

6 7278,038

87, 065

152, 55690, 6958,1339,5271,903

.104

.129

.201

6 9225,8488,5294,507

739, 3001 713 500

95 480199, 360

3,869

913888

2 067135

45, 957

92 553

81, 81917,917

7,1838,041

98, 653

143, 51283, 1298,3789,3662,466

.100

.129

.202

6,1165,0767,6333,761

922, 9001,753 500

94, 360193, 480

4,742

1,0191,0462,676

12652, 791

.103

.129

.205

5,172

1,0401,1093,023

12359, 274

PULP, PAPER, AND PRINTING

PULPWOOD AND WASTE PAPER

Pulp wood:Receipts thous. of cords (128 cu. ft.)_.Consumption doStocks, end of month do

Waste paper:Receipts - short tons_.C onsumption _ _ _ doStocks, end of month do

WOOD PULPProduction:

Total, all grades thous. of short tons_.Bleached sulphate _ short tons__Unbleached sulphate doBleached sulphite doUnbleached sulphite doSoda . doGroundwood doDefibrated, exploded, etc do

Stocks, own pulp at pulp mills, end of month:Total, all grades short tons__

Bleached sulphate doUnbleached sulphate doBleached sulphite _ doUnbleached sulphite doSoda doGroundwood do

Exports, all grades, total doImports, all grades, total do

Bleached sulphate _ doUnbleached sulphate doBleached sulphite -_do_-Unbleached sulphite - doSoda . . _ doGroundwood do

PAPER AND PAPER PRODUCTS

All paper and paper board mills:Paper and paperboard production, total

thous. of short tons..Paper (incl. building paper) doPaperboard doBuilding board do

2,2142,3394,050

882, 722890, 776469, 658

r 1, 482' 190, 388' 566, 923' 211, 021' 65, 886

40,607' 221, 550

106,000

' 102, 453r 12, 197

10, 171T 24, 880

11, 158571

40, 487

24, 282228, 538

50, 86736, 66852, 59452, 5252,995

31, 714

' 2, 4091,148

r 1, 129'131

2,3832,2584,180

847, 003824, 615490, 788

1,400188, 582538, 139191, 07763,25334,908

210, 681101, 000

110, 89415, 36312, 91126, 13810,9901,088

40, 841

19, 489232, 277

51, 39139, 25349, 63457, 7872,717

29, 489

2,2831,1051,055

123

2,3092,1044,388

722, 774667, 582547, 347

1,329177, 229522, 335182, 26258, 58629,921

197, 91194, 500

111, 13011,83013, 68527, 99712 210

98740, 852

10, 711213, 39247,00131, 17950, 37953 2212,625

27 199

1,996974903119

2,7202,2934,819

778, 627757, 434562, 352

1,438198, 499550, 868206,04461, 28738, 777

208, 43798, 302

105, 43011,92012, 54226, 18711, 579

80338,601

12,007189, 44245, 10221, 66446, 46547, 8882,988

24 715

2,2071,106

989113

2,2882,1244,980

676, 423663,649576, 931

1,317171, 930505, 980186, 63861, 17736, 941

194, 05588,000

110, Oil14,24412, 52527, 16013, 0541,088

37, 954

12, 794164, 89739, 22723,74942, 86235 7412,489

19 450

2,0181,043

873103

2,5032,3665,118

725, 043724, 715572, 481

1,470198, 261570, 792209, 92268 80739, 939

214, 37085, 319

106, 22713 65012, 87126,29013, 0121,129

34, 432

11,046197, 93447, 93322,06051, 12144 9172,859

27 202

2,2201,166

939115

2,1722,3054,987

644, 616640, 925586, 602

1,416197, 916548, 166205 19961 36337, 957

203 71283 192

102, 79214 14212, 41323 29311 4801,927

34 880

27, 758172 96342,26817, 92844, 74442 2422,767

21 803

2,0491,088

857104

2,2132 1025,072

548, 752544 983589, 340

1,277167, 475490 399191 81462 12635 526

192 79977 195

107, 0578 718

11, 46229 50812 1841 816

37 969

23,583169 66445 36818, 96139 84941 9712 430

20 106

1,8471,022

74382

2,6992,3395,445

665, 051657, 518593, 508

1,436199,797559, 914208 83363 21439, 480

207 01483 501

108, 35211 15012, 58326 47211 2191, 540

39 227

14, 540176 35843 56021, 85842 07447 6562 273

17 974

2,1051,118

89295

2,5612 2275,775

620, 775632 317580, 809

1,373199, 614523 737201 03559 54837 651

194 72382 763

113 52012 54714, 33927 90210 1001,781

38 912

24, 261161 84747 02818, 85441 11137 294

2 65414 086

2,0051,048

85997

2,4822 3325,915

647, 081650 550576, 038

1,456211, 906552 033213 34061 77639 041

214 84786 773

124 06413 36916 55728 66213 4071 973

41 861

22, 068155 33143 45612 91741 64834 4952 573

19 544

2,0711,095

88195

1,9032 235

r 5, 582

' 650, 014r 640, 933' 587, 616

1,375r 195, 895f 512 267

207 09559 25337 813

198 46489 170

r 139 706r 14 545r 18 349

41 66012 1502 161

42 547

29 522145 64337 98711 57540 49733 3822 619

18 878

2,0141,051

86797

1,9072,2515,248

594, 807617, 976562, 268

1,402210, 711513 971210 273

58 39037 840

203 25987 395

148 49717 27718, 13947 21712 5712 170

42 050

2,0111,029

875107

r Revised. d"Excludes "special category" exports not shown separately for security reasons.*New series. Prices are for bulk lots, f. o. b. refineries. Quotations prior to 1951 will be shown later.



1951


berDecem-

ber

1952


PULP, PAPER, AND PRINTING—Continued

PAPER AND PAPER PRODUCTS— Con.

Paper, excl. building paper, newsprint, and paper-board (American Paper and Pulp Association):

Orders new short tons. _Orders, unfilled, end of month doProduction __doShipments doStocks end of month _do _

' Pine paper:Orders new do _ _Orders, unfilled, end of month do. ._Production doShipments _- doStocks end of month do

Printing paper:Orders new doOrders, unfilled^, end of month doProduction doShipments - __do _ _Stocks end of month doPrice, wholesale, book paper, "A" grade, Eng-

lish finish, white, f. o. b. mill*._dol. per 1001b__Coarse paper:

Orders new short tonsOrders unfilled, end of month _ do _Production doShipments doStocks end of month do

Newsprint:Canada (incl. Newfoundland):

Production do _Shipments from mills doStocks at mills end of month do

United States:Consumption by publishers doProduction doShipments from mills doStocks, end of month:

At mills doAt publishers doIn transit to publishers do

Imports doPrice, rolls, contract, delivered to principal

ports* dol. per short ton_Paperboard (National Paperboard Association) :

Orders new short tons-Orders, unfilled, end of month doProduction total -- do

Percent of activityPaper products:

Shipping containers, corrugated and solid fiber,shipments - mil. sq. ft. surface area

Folding paper boxes, value:New orders 1936= 100_.Shipments - - do

PRINTING

Book publication total number of editionsNew books - - doNew editions do

886, 155988, 500909, 757901, 561301, 420

106, 722137, 190117, 785117, 57064, 470

307, 316482, 155306, 518304, 555112, 930

12.65

295, 860236, 325302, 948298, 28778, 005

485, 723486, 340146, 188

403, 23396, 68893, 690

9,957332, 60186, 522

439, 586

106. 75

1, 112, 100658, 700

1, 128, 200104

7,350

672.7774.7

969759210

882, 150984, 305885, 285886, 429300, 270

113, 525130, 810117, 902119, 90262, 470

298, 390496, 190285, 183284, 352113, 760

12.82

297, 480228, 315305, 938305, 490

78, 450

464, 332475, 034135, 486

365, 32494, 33197, 274

7,014358, 29494, 331

426, 280

106. 75

962, 700548, 000

1, 058, 500103

6,433

616.7744.2

1,145879266

812, 4961,025,263

783, 778770, 991312, 183

108, 242145, 10095, 74198, 57263, 605

268, 285510, 150254, 382254, 294113, 845

12.82

277, 783235, 118277, 523270, 98084, 993

452, 455442, 966144, 975

333, 44092, 48190, 875

8,620393, 718106, 727417, 120

109. 25

933, 000537, 600890, 000

84

5,278

594.0594.1

751549202

854, 043983, 823894, 740895, 659311, 254

104, 721133, 205116, 506116, 65263, 459

290, 115494, 705304, 666305, 590112, 920

12.98

302, 539233, 895303, 033303, 76284, 265

484, 563480, 581148, 957

344, 470101, 574100, 003

10, 191467, 05277, 646

442, 100

111.75

932, 200470,800

1, 002, 20094

5,940

616.7702.5

638466172

835, 693982, 593851, 819837, 409325, 907

109, 384132, 655110, 546110, 42263, 325

278, 225492, 795286, 834280, 135119, 619

13.15

294, 386236, 168296, 567292, 113

88, 720

431, 082427, 738152, 301

381, 43790, 72892, 487

8,432439, 54787, 037

358, 866

114. 25

856, 000458, 200852, 500

86

5,511

476.8629.2

940743197

942, 156976. 913946, 158947 030325, 035

121, 329132, 495123, 623121, 48965 959

320, 338495, 265313,161317, 865114 915

13.15

321 515232, 3403?4 031325, 34087 411

492 475497, 410147 366

405 277100, 33997 791

10 980434, 841100 292458, 514

116. 75

961, 900487, 800951, 700

87

6,055

615.9747.6

980781199

819, 334914, 463896, 957881 877340, 425

100, 090110, 610122, 649121, 97266, 635

264, 508465, 945297, 894293, 829118, 980

13.15

313, 393229, 708321,882316, 02593, 520

471, 732491, 020128, 078

402, 82995, 84799 301

7,526436, 244107, 144438, 140

116. 75

804, 500365, 400866, 300

82

5,399

555.7650.8

1,172963209

820 265870, 769861 248863 959338 617

106 947122 703118 200119 04065 795

274 755447 761291 707292 939117 748

13.15

291 794217 091305 258304 41194 367

435, 287461.455101 910

387 78391, 76391 721

7 568430, 43191 765

403, 934

116. 75

798, 300358, 700789, 900

75

5,642

498.1528.0

1,083872211

962 506914, 567932 288911 745326 610

136 428141, 965126 753125 51364 558

343 367475, 000315 983310 450129 798

13.15

329 159192 045320 281317 72766 884

470 456445, 212127 154

345 31597, 21695 046

9 738460, 37889 491

385, 574

116 75

883, 200405, 500835, 000

81

5,550

654 6639.8

720557163

842 191903, 374865 400851 819344 664

114 955138, 310122 133116 64367 895

288 745475 150290 945290 555130 180

13.55

286 297193 108293 068289 13275 550

457 835441*349143 640

348 63094' 75996 982

7 515475 50299 741

398 936

116 75

829, 300355, 200867, 800

86

5,569

608.8619.0

723575148

r 852, 186' 854, 820

T 896, 773r 881, 775r 360, 070r 108, 853

120, 280r 124, 033r 121, 995

r eg 710

r288 200r 458, 050r 300 497r 295 680r 135 960

13.55

r 294 560r 182 684r 307 066r 300 445r g2 900

476 492453 162166 970

399 25899 63398 696

8 452457' 61787 887

416 439

116 75

923 000380, 400880 500

85

5 935

636 9630.2

1 3711,081

290

r 814, 079r 824, 136r 850, 744r 842, 399r 366, 956

r 105, 530r 111, 930r 116, 433r 113, 880

72 250r 297 000r 460, 000r 295 832r 293 770r 137 817

13.55

r 254 510r 159 400r 277 612r 276 416

r 84 090

471 235468* 018170 187

393 47094 76794 250

8 969460 47579 475

420 148

117 00

875 600417, 600869 500

82

5 765

581 3614.6

1 055855200

779, 000770, 806839,000827, 000364, 550

91,00090,000

115, 000113, 00074,000

280, 000450, 000291, 000288, 000140, 800

13.55

251, 000139, 000274, 000268, 00076 000

495, 972492, 478173 681

404 071103, 440103 783

8 626442, 73979 028

117 00

880, 000375, 000906, 000

82

6,013

604.1604.1

1,240937303

RUBBER AND RUBBER PRODUCTS

RUBBERNatural rubber:

Consumption - _ - -- long tons..Stocks, end of month _ _ _ _ _ __do_ _Imports including latex and guayule do _Price, wholesale, smoked sheets (New York)

dol. per lb._Chemical (synthetic):

Production long tons-Consumption doStocks end of month _ _ __doExports - - - do

Ee claimed rubber:Production - do_ _Consumption doStocks, end of month do

TIRES AND TUBES

Pneumatic casings:Production - thousands-Shipments total do

Original ecinipmpnt dnReplacement equipment _ _ _ _ _ _ _ __do_ _Export do

Stocks, end of month doExports© - do

Inner tubes:Productions doShipments! - doStocks, end of month§ doExports do

42, 44568, 49842, 371

.660

70, 54165, 02770, 276

617

35, 05134, 14839, 098

7,1076, 7042,6953,883

1262,992

88

5,6455,5925,087

52

39, 99868, 36956, 411

.660

74, 18864,71878, 154

573

33, 50930, 99940, 268

7,2127.1552,6064,407

1423,508

118

5,3925,5005,307

63

35, 47867, 81673, 586

.520

76,25061, 41989, 527

968

29, 99925, 50044, 347

6,7186,5842,3614,108

1153,586

108

5,1795,0425,685

57

36,50667, 49171, 121

.520

74, 95167, 26096, 382

777

29, 03528, 59843,900

7,5337,1452,8134,211

1204,033

126

6,1415,7296,272

88

36, 88756, 94161, 200

.520

70, 87068, 46099, 8891,008

26, 88526, 22643,095

7,4146,6402,5193,950

1714,740

147

5,6955,0426,831

101

37, 40763, 50155, 214

.520

79,28568,923

109, 407550

29, 61127, 74444, 367

7,7717,0502,5534,315

1815,514

129

6,2705,6037,471

94

35, 03763, 68957, 378

.520

73,04565, 403

116, 9101,190

25, 45324, 50944, 049

7,3746,0812,3913,501

1886,888

161

5 5004,8038,378

121

33, 25676, 56945,364

.520

76, 95860 421

129, 9521,430

23, 67722 04445, 082

6,4414,5171,8002,519

1988,765

210

5 1433,556

10,094144

36, 776r 75, 123

83,283

.520

75, 21469 430

137, 7851,831

27,75526 55345, 067

7,8726 5292 1404,243

14610,039

150

5 5825 475

10, 34393

34, 642r 73, 599

76, 383

.505

73,80765 767

144, 2792,141

23,88324, 51843, 306

7,4636 1842,3013,721

16311,370

164

5 1384 958

10,507125

35 489r 61, 263

85, 172

.505

78, 16668 744

150 0943 490

22 80824 79740, 579

7,7866 1342 4843,512

13713,043

181

5 4975 034

10, 900105

r 36 364r 59 27282 974

.485

76, 457r67 592

r 158 6222 415

r23 948r 23 911r 39,' 767

r 7 1896 9672 8144 038

11513,295

127

5 4815 305

11,01388

36, 47464 076

.485

60,54566 891

153 754

23 17522 27141, 325

7 4337 4432 7194 624

10113,263

5 7715 330

11, 493

*New series. Compiled by the U. S. Department of Labor, Bureau of Labor Statistics; monthly data beginning 1947 will be shown later.©Excludes "special category" exports not shown separately for security reasons. .Includes data for motorcycles. r Revised.

S-38 SUKVEY OF CUREENT BUSINESS July 1052


1951


berDecem-

ber

1952


STONE, CLAY, AND GLASS PRODUCTS

ABRASIVE PRODUCTS

Coated abrasive paper and cloth, shipments. _ reams. _

PORTLAND CEMENT

Production thous. of bblPercent of capacity -_

Shipments thous. of bblStocks, finished, end of month. _ __doStocks, clinker, end of month do __

CLAY PRODUCTS

Brick, un glazed:Production thous. of standard brick..Shipments doPrice, wholesale, common, composite, f. o. b.

plant f dol. per thousClav sewer pipe, vitrified:

Production. . short tons..Shipments do

Structural tile, unglazed:Production _ doShipments. do

GLASS PRODUCTS

Glass containers:Production thous. of grossShipments domestic, total do

General-use food:Narrow -neck food doWide-mouth food (inch 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 doChemical, household and industrial doDairy products - do

Stocks, end of month doOther glassware, machine-made:

Tumblers:Production thous. of dozens. _Shipments doStocks - do ...

Table, kitchen, and household ware, 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 doKoene's cement do _All other building plasters doLath thous of sq ftTile doWall board o"1 do .

Industrial plasters short tons

191, 138

21,92496

24, 86719, 5667,482

605, 304599, 905

27. 317

144, 666141,774

106,045108, 866

10, 84910,390

999

2,666

8031,468

8802,426

878271

9,426

7,2926,760

11, 381

3,408

162, 002

21, 98499

24, 91616,6306,682

600,516577, 686

27. 317

138,922137,142

104, 547105, 045

10, 4899,847

908

2,410

9691,786

7301,965

823255

9,714

6,3845,737

11, 974

2,682

6642,3051,981

656, 070

591, 64615, 053

154, 610745 22410, 710

877, 89371, 181

161, 093

22,43998

24, 25914, 8125,601

571, 338540, 545

27. 317

137, 727141, 255

101, 903100, 040

10, 3559,372

738

2,416

8581,848

7461,805

695266

10, 375

5,5605,733

11, 769

2,766

174, 180

22, 51498

25,84111, 4914,851

603, 781571, 081

27. 317

151, 181150, 323

103, 493101, 782

10, 57510, 543

1,125

2,782

6022,279

8051,901

722326

10, 102

5,8075,331

12, 256

3,506

171, 584

22, 269100

23, 25310, 4994,138

538, 774516, 533

27. 366

137, 430135, 057

93,16494,063

9,1349,397

1,432

2,281

3321,3441,1711,782

717338

9,839

4,6564,387

12, 556-

2,892

1,1712,2711,977

588,584

590, 55913, 711

169, 219704 333

9,386855, 22268, 612

195, 139

22, 79799

26, 1347,1623,544

591,281578, 080

27. 366

158, 121154, 034

101,922100, 142

9,3418,948

1,072

2,426

297746

1,3281,985

782312

9,884

4,9665,414

11, 978

3,459

188,389

20, 73793

17, 9949,9103,882

532, 937466 690

27 366

141, 154121, 239

98, 96585,529

7,8047,714

632

2,122

319840

1,0971,810

634260

9,710

3,8894,645

11, 228

3,368

132, 524

19, 87485

11, 79117,9934,711

436, 552342 901

27 366

124, 99382, 546

84, 41166, 682

7,6037 568

674

1,885

532873906

1,795572330

9,453

3,8003, 352

11, 579

2,589

8592 0271,681

636 366

471 07210 648

146 036602 500

7 763776 85471 377

159, 041

17 03973

12 69622 3367 056

406 229353 812

27 317

134, 04586 576

81 94871, 403

8 9418 485

783

2,498

525841741

2,161679258

9 635

4,8834 473

11, 837

3,005

162, 959

16 54576

14 36224, 5198 987

392, 482378 321

27 317

127, 44297, 107

78, 06175, 617

8 7838 053

859

2,123

503874840

1,962693199

10 093

5,1365 5149,989

3,857

174, 155

18 09578

15 99326 62210 741

434 789411 819

27 317

139, 685118 092

76, 11969, 494

9 4009 005

881

2,400

655806979

2,272783228

10, 216

5,3575,061

10, 241

3,431

4011,7971,582

526, 038

451 84113, 086

134 090508 785

7,602761 56667 421

185, 451

19 81786

21 764T 24 672r 10 348

484 468492 488

27 217

139, 573139, 744

82, 64784, 813

9 5239 577

1,125

2,474

767700

1,0612 355

850244

9 863

4,7014 9879,892

168, 174

21 82992

23 28223, 216'9 355

27. 217

10, 2209 888

1,216

2,767

977955940

2,064735233

9,871

4.5375 3299,073

TEXTILE PRODUCTS

CLOTHINGHosiery:

Production _ .. ...thous. of dozen pairs..Shipments doStocks end of month _ do

COTTON

Cotton (exclusive of linters) :Production:

Ginnings§ __ thous. of running bales. .Crop estimate, equivalent 500-lb. bales

thous. of bales _ _Consumption^ balesStocks 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

12, 94310, 98329,008

832, 561

3,8223,716

1081,5862,022

106

12, 16311, 45330, 208

817, 154

2,9582,848

1251,0341,690

110

9,3839,259

30, 332

224

768 072

2,2782,166

134719

1,313112

12, 67012, 92930, 073

2,014

754, 119

16, 19816, 09013 6521,4381,000

108

11,86212, 60529,330

5,468

722, 004

15, 12515, 02210 7343,289

999103

13, 61714, 37428,573

10, 022

905 062

13,64613, 5506 8405, 5141,196

96

12,92813,98627, 515

12, 803

730 817

12,12812 0374 7545' 8861,397

92

11, 39311 61128 199

13 554

672 715

10, 75910 6723 4925 6441,536

87

13,94513 36628 778

14 508

922 559

9 0608 9812 4214 9201,639

80

13, 46513 49528 748

768 889

7,6387 5371 5034 3941 640

101

13 25013 96128 037

1 15 058

i 15 130736 535

6 3516 254'887

3 7731 594

97

13 47613 55128 087

847 444

5 1005 003'431

2 9921 530

97

13, 32412, 31729, 075

686 697

4,2664 179

4192 3801,381

86r Revised. t Revised series. Data beginning 1947 will be shown later,cf Includes laminated board, reported as component board. §TotalIData for July and October 1951 and January and April 1952 cover 5-wee'

1 Total ginnings of 1951 crop.Winnings to end of month indicated.£ periods and for other months, 4 weeks; stocks are for end of period covered.



1951


berDecem-

ber

1952


TEXTILE PRODUCTS—Continued

COTTON— Continued

Cotton (exclusive of linters)— ContinuedExports - - balesImports do __Prices received by farmers cents per IbPrices, wholesale, middling, 1M«", average, 10

markets cents per lb__Cotton linters :̂

Consumption thous. of bales__Production do _Stocks, end of month do_ _ _

COTTON MANUFACTURES

Cotton cloth:Cotton broad -woven goods over 12 inches in width,

production, quarterly cf— .mil. of linear yards__Exports thous of sq. yd _Imports doPrices, wholesale:

Mill margins cents per IbDenim 218-inch* cents per yd__Print cloth 39-inch 68 x 72* doSheeting, in gray, 40-inch, 48 x 44-48* do

Cotton yarn, Southern, prices, wholesale, mill:22/1 carded white cones dol per Ib40/1 twisted carded skeins do

Spindle activity (cotton system spindles) :JActive spindles, last working day, total.__thous__

Consuming 100 percent cotton doSpindle 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 MANUFACTURES AND SILK

Rayon yarn and staple fiber:Consumption:

Filament yarn _ _ mil. oflb_Staple fiber do

Stocks, producers', end of month:Filament yarn do_ _Staple fiber - - do_ __

Imports thous. of lb__Prices, wholesale:

Yarn, viscose, 150 denier, filament, f. o. b. ship-ping point* dol. per lb__

Staple fiber viscose 1^6 denier doRayon and acetate broad -woven goods, production,

quarterly & thous of linear yardsSilk, raw:

Imports thous. of IbPrice, wholesale, white, Japanese, 20/22 denier,

87% (A A), f. o. b. warehouse 9 dol. perlb..

WOOL

Consumption (scoured basis) :§Apparel class thous. of lb._Carpet class do. _

Imports doPrices, wholesale, Boston:

Raw, territory, 64s, 70s, 80s, scoured. _ _ dol. per lb__Raw, bright fleece, 56s, 58s, greasy, 47 percent

shrinkage dol. per lb__Australian, 64s, 70s, good topmaking, scoured, in

bond dol. per lb__

WOOL MANUFACTURES

Machinery activity (weekly average) :§Looms:©

Woolen and worsted:Pile and Jacouard thous of active hoursBroad doNarrow do

Carpet and rug:Broad doNarrow do

Spinning spindles:Woolen doWorsted0 do

Worsted combs doWool yarn:

Production total §® thous oflbKnitting§ doWeaving § do

Price, wholesale, worsted yarn (Bradfordmachine knitting system) 2/20s*.__dol. perlb..

371, 41716, 102

42.5

45.2

11536

398

72, 4284,807

42.5744.923.825.1

.9151.176

' 21, 777' 20, 522' 10, 365

••532' 9, 732' 143. 5

81.929.2

11.34.7

5,310

.780

.400

396

4.58

33, 7247,200

55, 253

3.130

1.236

23.010

1402,200

25

12064

75, 376104, 316

185

59,2486,524

41, 32011,404

204,00618, 412

42.0

45.2

9631

••328

2,65173, 7862,614

39.7746.623.023.0

.8671.127

«• 22, 198r 20, 962' 10, 272

514r 9, 661.' 138. 6

83.426.3

12.74.2

9,696

.780

.400

596, 707

375

4.37

33, 3766,560

45, 2112 2. 850

1.1252 2. 825

1452,252

18

11664

79, 070100, 875

184

59, 3766,336

42, 16010,880

129, 1447,52939.1

40.1

'9121

••259

63, 0922,497

38.7745.4(0

20.9

.8061.058

' 22, 140r 20, 884' 9, 877

'412' 9, 260' 110. 9

78.728.4

20.04.9

9,738

.780

.400

364

4.30

30,7002,395

33, 7612 2. 600

.9822 2. 450

1101,685

11

4625

58, 54075, 843

131

50, 6655, 315

40, 2255,125

2.817

145, 7583,67934.6

35.0

8864

231

63, 8501,935

37.6241.517.418.1

.767

.968

22,00020,7559,368

4688,786126.3

69.628.5

36.16.1

7,810

.780

.400

577

4.13

28, 8924,388

41, 850

2 2. 230

.872

2 2. 200

1391,908

13

8945

71, 56783, 351

142

52, 3566,008

39, 0367,312

2.695

356, 2092,32033.7

35.1

114175272

2,27965, 4082,174

33.8840.517.218.1

.720

.926

21, 89520, 7149,247

4748,745127.8

57.124.8

54.28.7

7,591

.780

.400

411, 100

645

4.42

27, 3924,500

23,3402 1. 825

2.730

21.825

1411,772

14

8941

67, 80677, 342

129

48, 6485, 416

36,5206,712

2.358

583, 9275,72236.2

36.9

136267367

53, 7451,609

31. 2040.717.118.4

.712

.911

21,60920, 39411, 393

46010, 721124.1

56.426.0

73.29.4

6,506

.780

.400

842

4.65

31,7007,895

32, 026

2 1. 980

.770

21.820

1241,750

9

9843

69, 86977, 098

124

61,6706,795

44, 46510, 410

2.477

803, 5801,04641.0

41.5

131247460

64, 1271,690

28.7241.617.819.3

.769

.948

21, 75820, 5199,050

4648,486125.4

56.927.0

84.210.7

5,149

.780

.400

708

4.68

25, 3686,728

29,6652 1.962

2.762

2 1. 750

1301,787

10

9641

72,83576, 698

120

51,2325,572

36, 7088,952

2.453

979, 7622,21440.3

42.2

117205538

2,30277, 4311,846

29.9542.718.119.8

.791

.960

21, 51620,2648,336

4397,823118.4

57.523.9

91.315.2

5, 946

.780

.400

425, 004

848

4.78

25, 1167,084

39,649

2 1. 850

.740J 1. 650

1291,763

13

10046

70, 03472, 078

119

49,0044,856

35,3648,784

2.410

676, 40015, 453

38.7

41.9

118221620

62, 1331,883

29.0442.717.819.4

21,36020, 10211,399

46510,686125.8

63.027.3

r97. 5'15.28,011

.780

.400

1,524

4.82

29,33011,00542, 4872 1. 820

.7222 1. 725

1301,745

14

11247

70, 03768, 175

110

60, 7106, 150

40, 30514, 255

2.389

587, 76335, 470

37.3

40.6

120174629

72, 2551,999

28.4542.717.018.8

3.78431.069

21, 12619, 8549,265

4718,696127.3

57.823.6

99.315.7

9,509

.780

.400

1,205

4.97

24,7569,720

40, 557

21.644

.644

2 1. 562

1391,735

18

12650

73, 26874, 786

121

53, 4726,092

35, 76811,612

2.286

419, 3041,65236.7

40.8

108140655

2,35973,6091,434

26.6142.716.518.0

.7551.035

21, 15919, 8859,040

4528,478122.3

55.619.9

101.7r 18.0

11, 194

.780

.400

445, 602

975

4.91

' 23, 924' 9, 25242, 820

2 1. 600

.638

21.375

'147' 1, 592

19

12851

' 67, 95372, 644

119

' 50, 9845,356

' 34, 056'11,572

2.219

334, 2481,44937.3

40.7

9899

630

59, 9421,616

25.8342.716.417.3

4.738* 1.019

20, 91019, 61310, 607

4249,948114.5

'57.6'21.6

'99.1'18.97,128

.780

.400

705

4.89

30, 76010, 98551, 018

21.580

.598

1.375

1361,536

13

11748

64, 28271,005

120

60, 0306,750

40, 18013, 100

2.110

36.1

38.6

9770

560

26.1742.716.016.5

.725

.990

20,83419, 5138,110

4167,532112.0

66.924.1

90.017.8

.780

.405

2 1. 594

.585

1.425

2.098

' Revised. » No quotation. 2 Nominal price. 3 Substituted series. Quotations cover cotton yarns, natural stock, on cones or tubes, f. o. b. mill; $0.784, carded weaving yarn; $1.069,combed knitting yarn. Earlier data are not available for publication. * Specification changed; earlier data not strictly comparable.

IData for July and October 1951 and January and April 1952 cover 5-week periods and for other months, 4 weeks; stock data and number of active spindles are for end of period covered.cf Beginning 1951, production of broad-woven goods is classified according to principal fiber content; production of fabrics containing 25.0-49.9 percent wool (which cannot be distributed

between cotton and rayon goods) and rayon and cotton fabrics produced on woolen and worsted looms amounted to approximately 73 million yards in 1950.9 Substituted series. Data beginning January 1950 will be shown later.§Data for July and October 1951 and January and April 1952 cover 5-week periods; other months, 4 weeks. ©Beginning 1951, looms weaving fabrics principally wool by weight.©See note in August 1951 SURVEY regarding coverage of operations in cotton mills beginning with January 1951 data.*New series. Compiled by the 17. S. Department of Labor, Bureau of Labor Statistics; monthly data beginning 1947 will be shown later.



1951


berDecem-

ber

1952


TEXTILE PRODUCTS—Continued

WOOL MANUFACTURES— Continued

Woolen and worsted woven goods, except wovenfelts :t

Production, quarterly, total thous. of lin. yd__Apparel fabrics total do

Other than Government orders total do

"W omen's and children's doNonapparel fabrics total do

Blanketing ' do_ _

Prices, wholesale, f. o. b. mill:Suiting gabardine, 56"/58"* dol. per yd__Women's dress goods, flannel, 8 oz., 54-inch

dol. per yd._ 3.302

96, 74679, 87423, 45156, 42329, 66626, 75716, 8728,0658,807

4.562

3.302

4.381

3. 802

4.381

3.302

84, 57068, 90332, 47436, 42917, 18019, 24915, 6679,5606,107

4.381

3.302

3.572

2.722

3.713

2.722

90,03476,41429 51346, 90119, 86827 03313, 6207,9895,631

3.713 3.713 3.713

87,06775, 49423, 10252, 39224,65827, 73411, 5736,6114,962

' i 3. 696

2.822

3.696

2.822

TRANSPORTATION EQUIPMENT

AIRCRAFT

Civil aircraft, shipments numberExports J do

MOTOR VEHICLES

Factory sales, total. number. .Coaches, total do

Domestic - - do__ _Passenger cars, total do

Domestic - do. __Trucks total do

Domestic _ _ _ do_ __

Exports total t doPassenger cars doTrucks and bussest - do

Truck trailers, production, total doComplete trailers _ __ _ __ do

Vans doAll other do

Trailer chassis do

Registrations:New passenger cars doNew commercial cars _ _ do. _

RAILWAY EQUIPMENT

American Railway Car Institute:Shipments:

Freight cars, total number..Equipment manufacturers, total do. _

Domestic doRailroad shops, domestic - _ _ d o

Passenger cars, total -doEquipment manufacturers, total do. __

Domestic - doRailroad shops, domestic do

Association of American Railroads:Freight cars (class I), end of month:§

Number owned _ .-thousandsUndergoing or awaiting classified repairs

thousands __Percent of total ownership _

Orders, unfilled _ numberEquipment manufacturers doRailroad shops do. _

Locomotives (class I), end of month:Steam, undergoing or awaiting classified repairs

number. .Percent of total on line

Orders, unfilled:Steam locomotives, total, number

E quipment manufacturers doRailroad shops _ _ do

Other locomotives, total do _Equipment manufacturers doRailroad shops .do

Exports of locomotives, total doSteam doOther _ do

NDUSTRIAL ELECTRIC TRUCKS ANDTRACTORS

Shipments, total number..Domestic _ __doExport __ ...do

248103

652, 727742702

511, 938482, 263140, 047121, 461

43,33724, 35218, 985

6,8616,5293,6132,916

332

470, 44690,627

9,7747,1987,1982,576

231766

1,731

895.1

134, 34891, 77542, 573

3,07712.7

160

161,8231,823

0

341

33

464420

44

21666

617, 685838773

482, 029457, 293134, 818115,079

38, 97822, 56716, 411

5,5915,3302,6852,645

261

454, 66587,461

9,6447,1857,1852,459

3834134

1,736

905.2

128, 54086, 93541, 605

3,00312.6

140

141,6601,660

0

391

38

60451985

207103

492, 316665630

381, 407359, 276110, 24491, 517

39,27221, 14818, 124

4,6484,4161,9842,432

232

406, 33384, 021

5,2904,0144,0141,276

1919100

1,736

965.5

125, 84684, 85840, 988

3,04813.0

120

121,5901,590

0

480

48

53848454

17148

549, 708783778

426, 932404, 590121, 99399, 007

40,36419,63820, 726

4,7634,4751,6972,778

288

424, 42287,646

7,1835,1565,1562,027

141420

1,737

915.3

121, 35981,62339, 736

3,09113.3

100

101,5471,547

0

630

63

59152962

18462

476, 002743660

365, 906350, 246109, 35390, 445

39, 40118, 98620, 415

4,5984,3441,5992,745

254

406, 21784, 814

8,5785,7555,7552,823

2525160

1,741

925.3

118,07380, 52237, 551

3,18013.9

230

231,8041,804

0

501

49

44738562

12449

526,4471,1741,108

414, 533401, 392110, 74092, 275

' 26, 26411, 777' 14, 487

5,6055,3042,2513,053

301

373, 16292,281

10, 1296,7946,7773,335

2222180

1,743

875.0

113, 39476, 53036,864

3,00913.5

210

211,7211,721

0

601

59

58754542

16262

450, 416833710

356, 500346, 04893, 08375,653

' 35, 173' 14, 582«• 20, 591

4,7044,4411,8532,588

263

332, 09976, 517

9,8456,3366,3153,509

4545180

1,748

844.8

110, 32570, 91439, 411

2,90113.3

200

201,7891,789

0

653

62

728652

76

15269

380, 650845746

292, 799284, 32387, 00670, 834

r 31, 806' 10, 372»• 21, 434

4,6344,3661,8592,507

268

310, 08462, 596

8,4705,6905,6782,780

2525140

1,752

905.2

104, 83167, 97336, 858

2,71812.8

190

191,7201,720

0

371

36

67358192

22442

375, 410778755

273, 572258, 457101, 06085, 194

r 22, 100' 9, 205

r 12, 895

5,0134,6571 9502,707

313

301, 37959,661

8,6436,0826 0822,561

88g0

1,755

875.0

98, 56663, 48235, 084

2,64312.7

180

181,5941 594

0

273

65860751

227212

435, 216625525

333,885315,499100, 70684, 670

30, 91414, 27216, 642

4,6554,4161 8732,543

219

295, 47959,285

7,3835,4945,4941,889

2121100

1,758

875.0

93,60560,10733, 498

2,70113 3

170

171 5731 573

0

37

68161170

248'73

482, 973569499

373, 231352, 645109, 17392, 033

33, 77816,25017, 528

r 5, 124»• 4, 733

1 994r 2, 739

364

322, 85763, 364

8,1615 8405 8382 321

4440

1,761

895 1

91 05658, 23432, 822

2,48012 6

160

161 4411 441

0

56

702646

56

291149

529, 585597507

416, 155396, 912112 83397, 591

32, 16017, 02115, 139

5 2984,833

r i 963r 2 870

369

374 28873, 461

7,4335 2345 2042 199

1212120

1 761

935 3

89 91754, 81035 107

2,50213 0

300

301 4631 463

0

59

643CQO

AK

503, 845423329

397, 836381, 014105, 58690, 849

5,1634,6021 8542 748

335

7,2635,1714,7652,092

2220

1,763

965.5

84, 34151, 19833, 143

2,23712 1

280

281 3471 347

0

""

r Revised. » Preliminary. 1 Specification changed; earlier data not strictly comparable. 2 Beginning 1952, detailed statistics are not available.fRevised series. Beginning with data for 1951, the Bureau of the Census reports for woolen and worsted woven fabrics refer to goods which are Drincioallv wool bv weieht (i p (windA

fabrics containing 25749.9 percent wool previously included). y &

{Excludes "special category" exports not shown separately for security reasons. Beginning 1952, data for exports of passenger cars, trucks, and busses exclude all military exports§Not including railroad-owned private refrigerator cars.*New series. Compiled by 17. S. Department of Labor, Bureau of Labor Statistics. More complete specifications are: Worsted suiting, women's and children's gabardine 10V$-

12J$ oz./yd.; monthly data for 1950 will be shown later.

U. S. G O V E R N M E N T P R I N T I N G O F F I C E : 1952

-INDEX TO MONTHLY BUSINESS STATISTICS, Pages S1-S40-Pages marked S

Abrasive paper and cloth (coated)____ 38Acids 24Advertising 7,8Agricultural income and marketings 2Agricultural wages, loans 15Aircraft 11,12,14,40Airline operations 22Alcohol, denatured and ethyl 24Alcoholic beverages __ 2, 6,8,27Aluminum 33Animal fats, greases 25Anthracite 2,5, 11,13,14,15,34Apparel, wearing 3, 4, 5, 6, 8, 9, 11, 12, 14, 15, 38Asphalt and asphalt products 36Automobiles 2, 3, 7, 8, 9,11, 12, 13,14, 18, 21

Balance of payments 20Banking. _ 15,16Barley__- 28Barrels and drums 32Battery shipments - 34Beef and veal 29Beverages, alcoholic _ 2, 6,8, 27Bituminous coa l___ 2, 11,13, 14,15,34,35Boilers -_ 33,34Bonds, issues, prices, sales, yields. 19Book publication 37Brass 33Brick 38Brokers' loans 16,19Building construction (see Construction).Building contracts awarded 6Building costs 7Building materials 7,8,9Business, orders, sales, inventories 3,4Businesses operating and business turn-over __ 4Butter _ . _ 27

Candy 29Cans, metal 33Capital flotations.- 18, 19Carloadings 22,23Cattle and calves 29Cement and concrete products 2,6,38Cereal and bakery products, price 5Chain-store sales ^ 9Cheese — 27Chemicals _. 2, 3, 4, 5, 12, 14,15,18, 21, 24Cigars and cigarettes 6, 30Civil-service employees 12Clay products (see also Stone, clay, etc.) 2,38Clothing 5, 8, 9, 11, 12, 14,15, 38CoaL_ 2,5,11,13,14,15,34,35Cocoa .- 29Coffee - 22,29Coke - 2,35Commercial and industrial failures 4Construction:

Contracts awarded 6Costs - 7Dwelling units started 7Employment, wage rates, earnings, hours.. 11,

12,13,14,15Highway 6,12New construction, dollar value 6

Consumer credit 16Consumer expenditures 1,8Consumers' price index 5Copper _ 21,33Copra and coconut oil 25Corn 19,28Cost-of-living index (see Consumers' price

index) 5Cotton, raw, and manufactures 2, 5, 6, 21,38,39Cottonseed, cake and meal, oil 25Crops 2, 5, 25, 27, 28, 30, 38Currency in circulation 18

Dairy products - 2,5,14,27Debits, bank 15Debt, short-term, consumer 16Debt. United States Government 17Department stores 9, 10, 16Deposits, bank 15,16,18Disputes, industrial 13Distilled spirits 27Dividend payments and rates 1,18, 20Drug-store sales 8,9Dwelling units started 7

Earnings, weekly and hourly 13,14,15Eggs and poultry 2,5,29Electric power... _ 5, 26Electrical machinery and equipment 3, 4,5, 7,34Employment estimates 10,11,12Employment indexes 12Employment security operations 13Emigration and immigration 23Engineering construction 6Expenditures, United States Government 16Explosives 25Exports (see also individual commodities) 21Express operations 22

Factory employment, payrolls, hours, wages_ _ _ 11,12,13,14,15

Failures, industrial and commercial 4Farm income and marketings 2Farm products, and farm prices 2,5Farm wages 15Fats and oils 5,25,26Federal Government, finance 16,17Federal Reserve banks, condition of 15,16Federal Reserve reporting member banks 15,16Fertilizers.. 5,24Fiber products 34Fire losses 7

Pages marked SFish oils and fish 25,29Flaxseed 25Flooring 31,32Flour, wheat ... 28Food products 2,

3,4,5, 7,8,9, 11, 12, 14, 27,28,29,30Footwear 2,5,8,9,12,14,15,31Foreclosures, real estate _ . _ _ _ 7Foreign trade, indexes, shipping weight, value

by regions, countries, economic classes, andcommodity groups ,_- 21,22

Foundry equipment _ _ _ _ _ . , 34Freight carloadings, cars, indexes 22, 23Freight cars (equipment) , _ _ _ _ . . 40Freight-car surplus and shortage _ _ 23Fruits and vegetables - 2,5, 21, 27Fuel equipment and heating apparatus,...-.-- 33,34Fuel oil. _ . _ . . _ _ _ 35Fuels - 2,5,35Furs _ _ . _ 22Furnaces 34Furniture 2,5,8,9,11,12,13,14Gas, customers, prices, sales, revenues- _ —._ 5, 26Gasoline _ 36Glass and glassware (see also Stone, clay, etc.). 2,38Generators and motors . 34Glycerin 24Gold _ _ . _ _ _ . . 18Grains 5,19,21,28Gross national product . 1Gypsum and products . _ _ _ . _ _ _ _ _ 6, 38Heating and ventilating equipment.__„_„„_ 6,33,34Hides and skins _ _ _ _ _ _ _ _ _ _ _ _ _ _ 5,22,30Highways _ - _ . . _ _ . . . . 6,7Hogs . — . _ . _ _ _ _ 29Home Loan banks, loans outstanding. .. 7Home mortgages . 7Hosiery _ _ „ „ 38Hotels.-.----..- ----- 11,13,14,15, 23Hours of work per week- -—... 12,13Housefurnishings 5, 8, 9Housing „ _ _ _ 5, 6, 7, 8Immigration and emigration . 23Imports (see also individual commodities). __ _ 21, 22Income, personal . . 1Income-tax receipts _ _ _ _ _ _ _ _ _ 16Incorporations, business, new _ _ _ _ _ 4Industrial production indexes _ _ _ _ _ _ 2,3Instalment loans . _ . _ _ _ _ _ 16Instalment sales, department stores____ 10Insulating materials 34Insurance, life . - . _ _ 17,18Interest and money rates--, _, ,_ 16International transactions of the U. S...__. 20, 21, 22Inventories, manufacturers' and trade _ _ „ 3,9,10Iron and steel, crude and manufactures 2,

6, 14, 21, 32, 33Jewelry stores, sales, inventories _ _ . _ _ _ „ _ _ 8, 9KeroseneLabor disputes, turn-over.Labor forceLamb and muttonLard.Lead.

__ „_., 35

1310292933

Leather and products.— 2^3*4, 5,12,14, 30, 31Linseed oil, _ , _ _ _ 25Livestock.. - 2,5,29Loans, real estate, agricultural, bank, brokers'

(see also Consumer credit) _ 7,15,16,17,19Locomotives _. 40Looms, woolen, activity . _ _ _ 39Lubricants .- 35Lumber - _ _ 2 ,5 ,11,12,13,14,31,32Machine activity, cotton, wool , _ 39Machine tools 34Machinery 2,3,4,5, 11, 12, 13,14, 18,21,34Magazine advertising 8Mail-order houses, sales , _ _ _ 10Manufacturers' sales, inventories, orders , _ _ 3,4Manufacturing production indexes 2,3Meats and meat packing - 2, 5, 11, 12,14, 29Metals 2, 3,4, 6,11,12,13,14, 15,18, 32, 33Methanol _ „ 24Milk _ _ _ _ _ 27Minerals 2,3,13,14,15Money supply . 18Mortgage loans 7,15,16Motor fuel 36Motor vehicles 3, 5, 8, 9, 40Motors, electrical 34National income and product 1Newspaper advertising 8Newsprint 22,37New York Stock Exchange 19,20Oats 28Oil burners _ _ _ . 34Oils and fats.— 5,25,26Oleomargarine . 26Operating businesses and business turn-over. _ 4Orders, new and unfilled, manufacturers' , _ 4Paint and paint materials _ 5, 26Paper and pulp 2,3,6,11,12, 14,36,37Paper products 2,3,4,36,37Passports issued , _ 23Payrolls, indexes 12Personal consumption expenditures— — 8Personal income 1Personal saving and disposable income 1Petroleum and products 2,

3, 4, 5,11,12,13,14, 15, 21, 22, 35, 36Pig iron 32

Pages marked 8Plant and equipment expenditures 1Plastics and resin materials, syntheticPlywoodPopulationPorkPostal business.-Postal savings

263110298

16Poultry and'eggs - 2, 5, 29Prices (see also individual commodities):

Consumers' price index 5Received and paid by farmers 5Retail price indexes 5Wholesale price indexes 5,6

Printing 2,3,4,11,12,15,37Profits, corporation 1, 18Public utilities 1, 5, 11, 13, 14, 15, 17, 18, 19, 20Pullman Company... 23Pulpwood 36Pumps „ ; 34Purchasing power of the dollar 6Radio advertising, production 7,34Railways, operations, equipment, financial sta-

tistics, employment, wages 1,11,12,13,14,15,17,18,19, 20, 22,23,40

Railways, street (see Street railways, etc.).Rayon and rayon manufactures » 2, 6, 39Real estate _ „ _ _ 7Receipts, United States Government 16Reconstruction Finance Corporation, loans 17Refrigerators 34Rents (housing), index__ 5Retail trade, all retail stores, chain stores, de-

partment stores, mail order, rural sales, gen-eral merchandise 3.4, 8, 9,10

Rice_ 28Roofing and siding, asphalt- . 36Rosin and turpentine 24Rubber, natural, synthetic, and reclaimed,

tires and tubes 22,37Rubber industry, production index, sales, in-

ventories, employment, payrolls, hours,earnings 2,3,4, 12, 14,15

Rye _ _ . _ 28Saving, personal 1Savings deposits.-. 16Securities issued . 18.19Service industries 8, 11Sewer pipe, clay , _ _ 38Sheep and lambs 29Shipbuilding 11, 12, 13, 14Shoes___- 2,5,8,9,12,14,15,31Shortenings . _ . 26Silk, imports, prices 6, 22, 39Silver 18Skins 5,22,30Slaughtering and meat packing 2,

11,12,14,29Soybeans and soybean oil 25Spindle activity, cotton, wool 39Steel ingots and steel manufactures (see also

Iron and steel) 32,33Steel, scrap 32Stocks, department stores (see also Manufac-

turers' inventories) 10Stocks, dividends, issues, prices, sales, yields.. 20Stokers, mechanical 34Stone, clay, and glass products 2,

3,11,12,13,14,38Stoves _ _ _ _ . . 34Street railways and buses. 13,14,15,22Sugar 22,30Sulfur „_... 25Sulfuric acid_ 24Superphosphate 24Tea 30Telephone, telegraph, cable, and radio-tele-

graph carriers 11,13,14,15,19,20,23Textiles 2, 3, 4, 6,11,12,14,15, 21, 38, 39, 40Tile 38Tin 22.33Tires and inner tubes 6,12,14,15,37Tobacco 2,3,4,5,6,7,8, 11,12,14,15,30Tools, machine 34Trade, retail and wholesale. 3,4,8.9.10,11,13,14,15Transit lines, local _. 15,22Transportation, commodity and passenger 22, 23Transportation equipment 2,3,4,11,12,13,14,40Travel 23Truck trailers 40Trucks 40Turpentine and rosin 24Unemployment and unemployment compensa-

tion 10,13United States Government bonds 17,18,19United States Government, finance 16,17Utilities 1, 5,11,13,14,15, 17,18,19, 20Vacuum cleaners 34Variety stores 9Vegetable oils 25,26Vegetables and fruits 2,5,21,27Vessels cleared in forei gn trade 23Veterans' unemployment allowances . 13

Wages, factory and miscellaneous 13,14,15Washers 34Water heaters 34Wax 36Wheat and wheat flour 19,28Wholesale price indexes 5, 6Wholesale trade. 10Wood pulp 36Wool and wool manufactures 2, 6, 22, 39, 40

Zinc_ 33

BusinessStatistics

1951 Edition

Stillavailable

Statistical Kete

(Current vJuAinei6

rence fot

urremEvery month in the year the Survey of Current Business reports the latest economic developments/ and analyzes

them for the business world. For more than a year it has been detailing the transition from € business as usual"to accelerated defense mobilization. In the cold figures of its 40 pages of business statistics—more than 2,600series in all—the dynamic movement of the national economy is measured and recorded.

Every 2 years, business indicators are rounded up for a 300-page review of recent statistics in the light ofthose for years back—all the way back to 1935. These are published In BUSINESS STATISTICS—the statisticalreference for current business analysis, a supplement to the statistical series which appear in the Survey of CurrentBusiness. Providing monthly data from January 1947 through December 1950 and annual averages of monthlydata from 1935 through 1950, it is a basic handbook for businessmen and economists—particularly useful forthose now engaged in defense work.

$1.50 per copy, BUSINESS STATISTICS is now available from the nearest Department ofCommerce field office or from the Superintendent of Documents, U. S. Government Printing Office,Washington 25, D. C.

T"

National Income_Xr Supplement to ike

Survey, of (Current

THE ENLARGED NEW EDITION—FIRST SINCE 1947—CONTAINSNational income and product statistics, 1929-1950A review of economic trends in the past two decadesThe basic principles underlying national accountsAn explanation of methods and sourcesAllowance for inflation: constant vs. current dollars

The 1951 edition of NATIONAL INCOME is available from the Superintendent of Documents, U. S. Government PrintingOffice, Washington 25, D. C., or from the nearest Department of Commerce Field Office. Price $1.00.

UNITED STATES DEPARTMENT OF COMMERCE OFFICE OF BUSINESS ECONOMICS