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•'*•£> v .

.rf^l

U. S. DEPARTMENT OF COMMERCE
OFFICE OF BUSINESS ECONOMICS

SURVEY

OF CURRENT

BUSINESS

DEPARTMENT OF COMMERCE
FIELD SERVICE

No. 4

APRIL 1957

Albuquerque, N. Mex.
321 Post Office Bldg.

Memphis 3, Term.
22 North Front St.

Atlanta 3, Ga.
66 Luckie St. NW.

Miami 32, Fla.
300 NE. First Ave.

Boston 9, Mass.
U.S. Post Office and
Courthouse Bldg.

Minneapolis 2, Minn.
2d Ave. South and
3d St.

Buffalo 3, N, Y.
117ElHcottSt.
Charleston 4, S. C.
Area 2,
Sergeant Jasper Bldg.

PAGE
1
3

THE BUSINESS SITUATION
Recent Financial Developments
*

*

*

Cleveland 14, Ohio
1100 Chester Are.

A New Look at Production Growth Rates

5

Government Foreign Assistance in 1956

13

Service Due on Credits Tlirough 1962
*

17

Dallas 1, Tex.
3-104 Merchandise
Man
500 South Ervay St.
Denver 2, Colo.
142 New Customhouse
Detroit 26, Mich.
438 Federal Bldg.

*

MONTHLY BUSINESS STATISTICS..... S-l to S-40
New or Revised Statistical Series
20
Statistical Index

Chicago 6, III.
226 W. Jackson Blvd.
Cincinnati 2, Ohio
442 U.S. Post Office
and Courthouse

SPECIAL ARTICLES

*

Cheyenne, Wyo.
307 Federal Office Bldg.

Inside back cover

Greensboro, N. C.
407 U, S. Post Office
Bldg.
Houston 2, Tex.
430 Lamar Are.
Jacksonville 1, Fla.
311 W. Monroe St.
Kansas City 6, Mo.
911 Walnut St.
Los Angeles 15, Calif.
1031 S. Broadway

Published by the U. S. Department of Commerce, SINCLAIR WEEKS,
Secretary.
Office of Business Economics, M* JOSEPH MEEHAN,
Director. Subscription price, iriduding weekly-statistical supplement, is
$4.00 a years foreign mailings $5.75. Single copy, SO cents. Send remittances to any Department of Commerce Field Office or to the Superintendent of
Documents, United States Government Printm^Qflice, Washington 25, D. C.
Special subscription arrangements, including changes of address^ should be
Made directly tvith the Superintendent of Documents. Make checks payable
to Superintendent of Documents.




New Orleans 12, La.
333 St. Charles Ave.
New York 17, N. Y.
110 E. 45th St.
Philadelphia 7, Pa.
1015 Chestnut St.
Phoenix, Am.
137 N. Second Ave.
Pittsburgh 22* Pa.
107 Sixth St.
Portland 4, Oreg.
520 SW. Morrison St.
Reno,Nev.
1479 Wells Ave.
Richmond 19, Va.
1103 East Mam St.
St. Louis 1, Mo.
1114 Market St.
Salt Lake City 1, Utah
222 SW. Temple St.
San Francisco 11, Calif.
555 Battery St.
Savannah, Ga.
125-29 Bull St.
Seattle 4, Wash.
909 First Ave.

For local telephone listing, consult section
devoted to U. S. Government

APRIL 1957

By the Office of Business Economics

B.

BUSINESS as a whole has maintained a high rate in the
recent period, notwithstanding cross-currents that have
affected particular segments of the economy. A record
flow of personal income continues as a strong and pervasive
element in the current situation.
Employment in March was at a new high for the month.
Seasonally adjusted, the number of employees in nonfarm
establishments changed little from February to March,
continuing the pattern of relative stability in evidence
since last fall. Nonfarm employment is currently about 1
million higher than a year ago, with most of the increase
occurring in the nonmanufacturing sector. Job totals are
up from a year ago in all major groups of nonmanufacturing
industries.
In manufacturing, seasonally adjusted employment has
eased in recent months with an accompanying reduction in
the length of the workweek. Employment changes in
most major groups have been confined to narrow limits,
and the overall total is still somewhat higher than a year
ago. In the main, the moderate rise in factory employment
since March 1956 has centered in the machinery groups and
transportation equipment other than autos—partly offset
by further sizable decreases in both the lumber and textile
industries. In the other major manufacturing industries
employment in March was little different from the same
month of 1956.
Supported by high employment and rising wage rates,
the flow of income to individuals continued upward throughout the first quarter of this year. Personal income attained
an annual rate of $337 % billion in March, up $4 billion from
the last quarter of 1956 and $19 billion, or 6 percent, from
March a year ago. Most sources of income have contributed to the general advance in recent months.

Selected Business Indicators in
Constant Dollars
BILLIONS OF 1947-49 DOLLARS
28

24

PERSONAL INCOME

20
16

RETAIL STORE SALES^

12
CONSUMER SERVICES
(monthly average for quarter)

e
4
1.4

CONSTRUCTION ACTIVITY

1.2

PRIVA TE RESIDENTIAL
Inonform)

1.0

-^ "•

PRIVATE NONRESIDENTIAL
{nonfarm)

M i I I I I I I I i I I I i I I I I I I I I 11 I 11 I I I i I I I I i i l I i 1 I i 1 1 I I I 1 i n I i t i i l

3.5

3.0

2.5
2.0
1.5

SALES OF MACHINERY
MANUFACTURING COMPANIES

1 I 1 I I t I I I I I I M M 1 I I I I I 1 I I I I I I T I t M I II I II I I I I I I I I I I I I I I I I I I I

1953

1954

1955

1956

1957

S E A S O N A L L Y ADJUSTED
Basic data: Census Bur.-, BOSA a BLS; and QBE
U. S. Department of Conmnerce, Office of Business Economics

4,21506°—57-




5 7 - 10 -1

Business sales at record level
Business sales in the early part of this year were also at
an all-time high. Seasonally adjusted sales in manufacturing and trade totaled $56% billion in both January and
February—up $1 billion from the fourth quarter average,
although the increase mostly reflected higher prices. For
retail trade, the advance report for March indicates a small
decline in seasonally adjusted sales, concentrated in durablegoods stores.
In manufacturing, February sales were 5 percent above
the year-ago total, with higher prices the major factor in
the increase. Manufacturers' new orders, seasonally
adjusted, were down moderately in February, and there
also was a slight reduction in unfilled orders. Factory
backlogs have exhibited only minor change since last fall,
and at the end of February, totaling $62 billion, were
nearly $5 billion larger than a year earlier.

SUKVEY OF CUEEENT BUSINESS
Aggregate demand high
The pattern of overall demand for national output in the
first quarter of 1957 featured a continued expansion in final
purchases of goods and services and a sharp reduction in the
rate of business inventory accumulation.
Under the stimulus of higher incomes, consumer spending
for goods and services advanced to a new record rate.
Purchases by Federal and State and local governments also
increased in the first quarter. Investment in fixed assets
was approximately stable, reflecting a peak rate of plant and
equipment outlays and a further decline in residential
building.
Expansion of final demand in the recent period was offset
to a large extent by the curtailment in business inventories.
Inventory accumulation, which had proceeded at a seasonally adjusted annual rate of about $4 billion during most of
1956 virtually came to a halt in the first 2 months of 1957.
Book value increases which occurred in January and February were moderate, and were ascribable to higher replacement costs rather than to a rise in the physical volume of
stocks.

April 1957

by food, petroleum, and textile producers. Overall, the
inventory rise for nondurable-goods industries accounted for
three-fifths of the aggregate manufacturing book value rise
in early 1957, as against one-third in 1956. The stock-sales
ratios for nondurable-goods producers in February werg|
about the same as a year ago, although down somewhat from
last summer.

Steel output rate eases
The volume of industrial output so far this year has held
close to the fourth quarter high. Significant recent developments include an easing in steel operations. Production of
steel, after holding relatively steady at about 97 percent of
rated capacity throughout January and February, has been
declining moderately in recent weeks, partly because of lower
demands from mo tor-vehicle producers as well as some cutbacks in household durable-goods output. Steel operations
in the first week of April were scheduled at 90 percent of
capacity.
For the first 3 months as a whole, the steel industry turned
out 31.6 million tons of ingots and castings. This was 2
percent below the record volume of the fourth quarter of
1956.

Inventory book value changes
Manufacturing and trade firms held $87 billion in inventories at the end of 1956—a book value increase of $6%
billion over a year earlier. In contrast to this monthly
average rise of more than $500 million, the seasonally adjusted increase in book values during January and February
of this year was about $200 million in each month.
On balance, these recent increases—as well as most of
last year's rise—occurred among manufacturing firms;
changes in wholesalers' and retailers' stocks were minor and
divergent. In the retailing sector, however, continuing increases in motor vehicle dealers' stocks during January and
February—roughly $300 million—offset declines at most
other major types of stores.
After allowance for seasonal factors, the February inventory rise in manufacturing amounted to $300 million, following small increases in the previous 2 months. The $100
million monthly average rise in these recent months compares
with a book value increase of $500 million per month during
most of 1956.
For the most part, the reduction in rate of manufacturing
inventory accumulation as compared with 1956 centered in
the durable-goods sector. As a result of a moderate improvement in sales and the slackened rate of inventory rise,
durable-goods manufacturers' stock-sales ratios have been
lowered slightly from last fall—although they are still above
a year ago.
The most significant recent changes in inventory trends
among the durable-goods industries occurred in the electrical
machinery, motor vehicles, fabricated metals, and "other"
durable-goods areas. In these industries last year's increases have given way to minor reductions in book values.
In the primary metals, nonelectrical machinery, and aircraft industries, however, there has been little deviation from
the steady uptrend in inventories which characterized 1956.
During 1956, it may be noted, these groups accounted for
four-fifths of the $7 billion increase in unfilled orders. All
three groups have reduced only slightly their large volume of
unfilled orders thus far this year.
In the soft-goods area, chemicals and tobacco companies
reported inventory accumulations in the opening months of
this year that were larger than the averages for 1956. These
movements about offset the effects of the shift from accumulations in 1956 to small liquidations of inventories this year



Passenger car sales and production
The number of new passenger cars sold in the first quarter
of 1957 was moderately less than in the corresponding period
of 1956. Production, however, was up a little from a year
ago. It averaged about 140,000 vehicles weekly until near
the end of March, when the rate of assemblies was reduced
in order to adjust inventories.
Stocks of new cars rose substantially in the first quarter of
this year, in large part because of seasonal influences. At
the end of March, stocks of new cars in the hands of dealers
were equivalent to about \% months' sales. The combination of a reduction in assemblies and a seasonal rise in sales
during March slowed the buildup in stocks, and they remained considerably lower than a year earlier.
Prices of new cars were increased with the introduction of
the 1957 models last fall. With the higher prices fairly well
maintained, dollar sales in the first quarter of 1957 were
somewhat above the same period of last year.
In the final quarter of 1956, the value of automotive
output rose sharply over the reduced third quarter total, accounting for more than half of the increase in gross national
product during the period. Continued high activity in the
automobile industry helped support the level of national
production in the first quarter of 1957 as a whole.

Recent price developments
Consumer prices continued their upward trend into the
opening months of this year. The February increase of
five-tenths of a point—extending the consumer price index
to 118.7 (1947-49 = 100)—reflected higher prices for nearly
all major groups of goods and services. This latest rise
placed the general index 3% percent above a year ago.
In wholesale markets, some tapering tendencies in prices
developed in February and March, with the result that the
all-commodity index remained virtually unchanged fr^i
January at about 117 percent of the 1947-49 average. Tms
overall stability reflected offsetting movements in some of
the broad commodity groups and virtually unchanged
quotations in others. Where increases continued they
were much less pronounced than in earlier months.
Wholesale prices of crude materials in March were down

SUKVEY OF CUEEENT BUSINESS

April 1957

moderately from the start of the year. This was true also
of finished food products, while for other broad groups of
producer and consumer finished goods generally small

increases occurred. Average wholesale prices of intermediate products—the remaining broad economic sector—
did not change appreciably from January to March.

Recent Financial Developments
DEMANDS for capital funds continued in heavy volume in
the first quarter of this year. However, the rising trend in
interest rates which was a feature of financial developments
last year was arrested around the turn of the year, and some
declines, in part seasonal, have occurred in the most recent
period.
New Treasury 3-month bills were sold recently at slightly
in excess of 3 percent, down about two-tenths of a percentage
point from the high December average; the rate remained
above that for any prior month in 1956 and about seventenths of a point above a year ago. The recent fall-off in
the Bill rate from the December peak was about the same as
last year's decline in the corresponding period. There has
been virtually no change in the interest rate on prime
commercial paper since last September, with the rate in
New York holding steady at 3% percent.
Longer-term rates as reflected in corporate bond yields
also held steady in the early months of this year, while
yields on long-term U. S. securities are down a little from
their 1956 highs. The recent steadiness of corporate bond
yields accompanied an exceptionally large volume of new
issues floated in the opening months of the year.

Security flotations at new high
Preliminary indications point to a new high quarterly
total of corporate security flotations in the first three months
of 1957, with the volume of new money issues in excess of
the $3 billion record sales in the final quarter of last year,
and about 50 percent above the flotation rate in the opening
months of 1956.
While bond issues accounted for by far the major portion
of recent flotations, it appears that there has been some
pickup in new equities issues. In the last 6 months stock
issues accounted for 30 percent of total new money flotations.
This compares with a ratio of less than one-fourth in the
preceding 12-month period.

1957 financing plans
A recent Securities and Exchange Commission survey of
1957 financing plans of manufacturers and utilities indicated
that utility companies, which normally finance the major
share of their capital requirements through outside sources,
are considering plans to increase substantially their demands
on the long-term capital markets in 1957. According to the
survey, sales of utility securities may go over $3K billion
this year, about $1 billion, or two-fifths higher than in 1956.
^is projected rise is concentrated in debt issues. In
addition, utilities also indicated that they would increase
their use of long-term bank funds in 1957.
As reported in last month's SURVEY, utility firms are
anticipating a further increase in their plant and equipment
outlays as a renewed capital expansion program gets under


way. Projected outlays in 1957 were placed at more than
$6 billion, almost one-fourth above 1956.
Manufacturers were considering plans for flotations this
year which were slightly lower than the enlarged volume in
1956. These concerns also reported plans to raise a somewhat reduced amount of new long-term financing from the
banking system. It may be noted that security issues by
the manufacturing industry were fairly high in the closing
months of 1956, and in all probability some of the proceeds
of these issues would be available for spending in 1957.
As reported in the plant and equipment survey, anticipated
capital outlays of manufacturers in 1957 have been programed to total above the outlays in 1956; and the realization
of such a program might suggest that reported financing plans
may be revised upward—unless, of course, sufficient funds
are generated from internal resources. It should be noted
that manufacturers, in contrast to utilities, depend to a
considerable extent on internal funds for their expansion
programs.

Bank borrowing slackened
Trends in bank borrowing by business concerns suggest a
tapering in the use of bank funds in early 1957. The net
increase in commercial bank loans to business amounted to
about $K billion in the first 3 months of the year, in contrast
to an expansion of $1.3 billion in the same period a year ago.
(See chart.) There is usually a substantial liquidation of
bank debt by business firms after the turn of the year, followed in recent years by a fairly substantial increase in early
March to meet Federal tax payment needs. The net liquidation of this debt in early 1957 roughly followed the seasonal
pattern, and was considerably greater than a year ago.
March borrowing was again high, although not so great as
in 1956.
The moderated pace of 1957 bank borrowing appears to
have been general among major industries. Net borrowing
by manufacturing and mining concerns at leading city banks
amounted to about $% billion in the first quarter, one-half
the rate of expansion in early 1956. Public utilities also
increased their bank debt moderately, but at about one-half
the early 1956 pace. Trade firms and commodity dealers
reduced bank indebtedness. In the former case, loans had
expanded in early 1956, while in the latter case, the liquidation this year was considerably greater than a year ago.
Of the major industry groups for which loan data are available, only the finance group expanded its borrowing this year
in contrast to a year ago, when these firms were repaying
outstanding bank debt.

Consumer debt rise continues
Individuals were continuing to add to their indebtedness
in the opening months of this year, after allowing for seasonal

SUEVEY OF CURRENT BUSINESS
influences. Consumer short- and intermediate-term credit
outstanding amounted to $40 % billion at the end of February.
While both installment credit and other credit were off from
the high at the end of 1956, the decline in the installment
category was less than normal for this time of year. After
adjustment for seasonal variations, consumer installment
debt increased in recent months at an annual rate of $2%
billion, equalling the rate of expansion during the year 1956
but well below the $5% billion rate of the preceding year.
The moderated pace of installment borrowing in the past
year reflected primarily the lower sales volume of new automobiles.
The tendency toward greater use of credit in automobile
purchases has slackened notably in recent months. This is
illustrated in the the following Federal Reserve Board estimates of the proportion of new cars sold on credit in recent
years.
Two noteworthy points stand out in these figures. First,
it will be seen that there is a distinct seasonal pattern in
credit sales which tend to rise steadily over the "model"
year reaching a high during the change-over period and
dropping back to a relative low when new cars are being
introduced. This pattern was repeated in the three full
years shown above, and appears to be in process of repetition
in the current year.
Second, there was a steady year-to-year rise in the proportion of credit sales in 1955 and in most of 1956, with the
credit share reaching what was probably an all-time high
in last fall's change-over period. Significantly for the past

April 1957

Credit Sales of New Passenger Cars as a Percent of Total Number
Sold at Retail

January
February
March
April

_ _ _ _ _ _

May

June _
July
August
September
October
November.
December

___

1954

1955

1956

54
48
50
48
50
55
64
65
67
71
64
52

52
52
56
54
58
65
66
72
67
76
65
62

64
61
62
67
67
67
74
76
82
80
65
59

Nonautomotive time purchases up
Time purchasing of consumer durables other than automobiles has continued upward fairly steadily over the past
two years, maintaining roughly the same pace as total
purchases of these goods. After adjusting for seasonal influences, it appears that this rate of increase was continued
in the opening months of this year.
(Continued on page 19)

BILLIONS OF DOLLARS

BILLIONS OF DOLLAR^
4

8

CORPORATE SECURITY ISSUES
(NEW MONEY)

NONFARM MORTGAGE RECORDINGS
($20,000 OR LESS)

4
II
INSTALLMENT CREDIT

CHANGE IN BUSINESS BANK LOANS
DURING THE QUARTER

10
EXTENSIONS

REPAYMENTS

1953

Illlllll.
1954

t Adjusted for seasonal variation

1955

1956




1957*

* First quarter of 1957estimatedby OB£

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

It
58

4 months the credit sales percentages have shown no tendency to rise; indeed, on balance, they appear to have been
somewhat below the year-before ratios.

Demands for Capital Market Funds

I

1957

6 w

J

1953

1954

1955

1956

,

1957*

Data: FRB.SEC.a HLBB
57-10-4

by Francis L. Hirt

A New Look at Production Growth Rates
jLJUBING the postwar decade the national economy has
shown vigorous growth, with the volume of the Nation's
output of goods and services—as measured by the gross
national product in real terms—up more than two-fifths.
This large rise is a composite of widely varying rates of
growth among the different products and1 services. The
pattern was illustrated in an earlier article and this review
brings that analysis up to date, evaluates the production
shifts and developments that have occurred among the
major product groups over the more recent period in relation
to trends, and incorporates production data on a number of
products and industries not included in the 1953 review.
Two basic limitations of this study should be recognized.
First, the products selected reflect illustrative cases and
cover only a relatively small fraction of the total number of
items produced in the economy. However, the items
selected cover substantial parts of manufacturing, mining,
and the service industries. Second, there are numerous
cases for which data are not available and consequently
there is undercoverage and lack of representation in subgroups. This is particularly true of many of the machinery
industries where new product development in the postwar
years has been marked.
In order to analyze the divergent rates of growth, and the
variety of patterns in the market life of the individual
products, it is useful to classify them on the basis of their
trend characteristics over the long as well as the short term.

Basis of analysis
Production data were compiled for 288 products and
services through 1956, going back wherever possible to 1929.
The list of products, which includes for the most part all of
those in the table in the previous review, is more comprehensive both in terms of representation by major industries
and in terms of end use.
Despite this fact, it should be reemphasized that many
industries and products—new and old—have not been
covered because of lack of physical quantity data or for
other reasons. For example, such new lines as electronic
components and parts, automatic controls, scientific, measuring, and controlling devices, newly designed products made
from plastics and aluminum and the field opening up through
the utilization of atomic energy have been omitted.
Similarly, this lack of physical quantity data applies to some
well-established products, notably items of machinery and
instruments.
All of the 20 major industry groups under the Standard
1. See SURVEY OF CURRENT BUSINESS, January 1953, "Growth Trends in the Economy."
NOTE: MR. HIRT IS A MEMBER OF THE CURRENT BUSINESS ANALYSIS
DIVISION, OFFICE OF BUSINESS ECONOMICS.




Industrial Classification are represented, ranging from 2
products, the smallest number, for printing and publishing
to over 50 items in the chemical group, with most other
categories numbering 4 or more. It should be pointed out
that in a few instances production totals for an entire group
of products, such as plastics and resin materials and paper
and board, are shown in the table even though some of the
individual products within the group are also reported separately. It is estimated that the combined weight, in terms
of the value added, of the approximately 270 manufactured
products included in the list account for roughly three-fifths
of the total weight of the Federal Reserve industrial production index.
For the purpose of this analysis, the items were classified
into 3 broad groups on the basis of the output change from
1929 to 1955. (1) Fast-growing, defined as those having an
average rate of growth of 7% percent or more per year, a
rate 2% times that of the overall national output average;
(2) moderately growing, or those with growth rates up to 7%
percent per year; and (3) declining products. The division
has to be arbitrary to a degree, but we believe it to be a
reasonable one. The actual percentages in the table should
not be interpreted too literally for the reason they are influenced by year selected as the starting point in calculating
the average annual rate of growth. This classification differs
from that used in the January 1953 article where the products were classified on the basis of the change in output
from 1940 to 1951. However, the common items in the
two lists fall, in general, within the same broad range of
percentage changes.
The diversity of production trends for individual commodities and services—new and old-established lines—can
be seen in the table. The items are grouped according to the
order of the 2annual rate of change in output from 1929
through 1955. About one-third are fast-growing, one-half
are moderately growing, and one-sixth are declining. The
two accompanying charts illustrate the differential movements.
It may be observed that changes in production, even when
expressed in terms of physical units, do not necessarily
indicate for some products their full measure of real growth.
Certain machinery products illustrate this point. For example, one unit of heavy earth-moving equipment of today,
which in a sense is a new product, represents a combination
of 2 or 3 separate machines in use for the same purpose in
earlier periods. Moreover, production indexes as measured
make no allowance for quality changes, which have been
substantial in many cases.
2. It should be noted that the rate of change was computed for old-established products
from 1929 or the first year production data became available; for products introduced in
the past 25 years or so, from the year output was first produced in significant volume.
Rates of growth for the individual products calculated on the basis of change in output
from 1929 to 1956 would on the whole differ only slightly, if at all, from those shown in the
product table.

SUEVEY OF CURRENT BUSINESS

6

April 1957

Production Trends of Well-Established Products
A selected group for the period, 1929-56
fast Growing

Declining Products

Growing
At a rate less than
7~2% per annum

At a rate over
7y% per annum

MILLION (ratio scale)
700

MILLION (ratio scale)
7,000
6,000
5,000

MILLION (ratio scale)
7001

200

50
40
ANTHRACITE
(short tonsl

30
£0

•BILLION (ratio scale)
60
50

_

PASSENGERS CARRIED ,
ON LOCAL TRANSIT LINES

20

NATURAL SOAP
(Ibs.)

.1 I i T t i t t t t i t t T i T~TTr Tn-r-rrT i i
MILLION OR BILLION (ratio scale)
1,000

MILLION (ratio scale)
100 I

INDEX, 1940-49 = 100 (ratio scale)
2001

SHOES AND SLIPPERS
(million pairs)
500

50
40

FRACTIONAL
HORSEPOWER MOTORS

400

30

300

20

200

50

COTTON-TEXTILE BAGS

40

WOMEN'S DRESSES
(millions)
100

30
20

ELECTRIC POWER,

UTILITY

8 INDUSTRIALS

(bil.Kw.hrs.)
50

1930

35

40

45

50

55

( t 1 T t 1 I I I I I I II I 1 1 I I I I I 1 t 11

1930

35

40

45

50

55

10 | i l I I I I I I i i i t i i i I I I I I I I I i i I
1930

35

40

45

50

55

Data: Governmental 8 private agencies
U. S. Department of Commerce, Office of Business Economics




57 - 1 0 - 5

SURVEY OF CURRENT BUSINESS

April 1957

Production Trends of New Products
A representative group introduced during selected time periods
1929-39

1947-56

1940-46
GENERALLY P E R S I S T E N T EXPANSION

MILLION POUNDS (ratio scale)
6,000
5,000
4,000

MILLION POUNDS (ratio scale)
3,000

THOUSANDS (ratio scale)

2,000 -

20,000

1,000 -

10,000

30,000

3,000
FROZEN FOODS
2,000

AUTOMATIC
TRANSMISSIONS

5,000
4,000

1,000

3,000
500
400

2,000

300
1,000

200

DRYERS,
ELECTRIC 3 GAS
500
400
300

50
40

200

50
40

FIBERS, SYNTHETIC
EXCEPT RAYON

i i i I 1/1 I i iJi i t i i t t r t t t t t t

ml i t 1 I t t i t i t t l t i t t t t i t t i t i i i i

LEVELING OFF OR DECLINING
POUNDS OR UNITS (ratio scale)
15,000

POUNDS (ratio scale)
3,000 I

THOUSANDS (ratio scale)
15,000

10,000

2,000

10,000

=

ANTIBIOTICS
(thousj

1,000

5,000
4,000

TELEVISION SETS

3,000

500
400

2,000

300
200

1,000

\

500
400
300

50
40

200

30
20

I I I I f I t t I I I I I I I I I I I I t I It I II

1930

35

4C

45

50

55

1930

35

40

45

50

55

Data: Governmental and private agencies
If. S. Department of Commerce, Office of Business Economics




8

SUKVEY OF CURRENT BUSINESS

Characteristics of fast-growing lines
The classification of fast-growing products and services
contains both new and old-established lines. New products
are defined arbitrarily as those introduced commercially in
"reasonably large volume" for the first time in the past 25
years or so. Of necessity, judgment is involved in the application of this criterion especially with regard to the determination of what is "reasonably large volume."
Some individuals may also question the inclusion of some
products which are substitutes for those having a similar
purpose, but the comparative figures are nonetheless of
interest.
In the fast-growing group there are 98 items, consisting
of 43 new and 55 old-established lines. Most major industries are represented, though unevenly distributed as to
number of products. For example, chemical lines number
nearly 40 while apparel lines number only 3. The only major
industry groups not represented in the fast-growing list are
leather and printing and publishing.
The 98 fast-growing products considered as a group increased at an average rate of nearly 25 percent per year with
new products, as might be expected, showing a substantially
higher rate of growth, nearly 40 percent per year, as compared with only 12 percent per year for the old-established
lines. Again a cautionary note should be entered concerning
the initial low base which is generally used for new products.
Examination of the characteristics of these growth tendencies provides several general conclusions.
Among the fast-growing items, new products which experienced exceptionally rapid rates of growth are for the most
part still expanding though at considerably reduced rates.
In general, the most rapid rates of growth occurred in the
more recently developed products such as titanium and
polyethylene while the less rapid growth rates were experienced by those products which have had a longer life span.
Many of the old-established products in the fast-growing
group are still experiencing relatively high growth rates.
With some exceptions, the rate of expansion in the output of
these products has shown a marked slowing down in the
recent period from that of the previous years and in some
cases the trend was actually reversed. In a few cases, such
as ammonia, plywood, aluminum and outboard engines, the
rate of increase in the recent period has been even more
rapid than in the 1929-40 period.

Typical fast-growing industries
Chemicals and air transportation are two clear-cut examples of fast-growing industries. The chemical industry 3
has been one of the most rapidly growing among the major
manufacturing industries. A feature of this expansion has
been the introduction of a large number of new products,
many of which it must be noted represent substitute materials. Because of this factor, there has been a wide variety
of production patterns among the individual lines. This is
particularly true for such product groups as antibiotics and
insecticides. The net effect for the chemical industry as a
whole, however, has been one of relatively steady long-term
growth at a high rate.
Ah* transportation, which is the fastest growing among the
14 service industries included hi the table, has shown a consistently high rate of growth, as measured in terms of passenger revenue miles flown, throughout the entire period.
From 1929, when passenger travel by air was just developing
3. See SURVEY OF CURRENT BUSINESS, September 1954," Growth Characteristics of the
Economy Illustrated by the Chemical Industry," for a general discussion of the chemical
industry.




April 1957

on a reasonably large scale, to 1940, the growth rate was
over 30 percent per year. In the subsequent 11 years, 194051, the rate was about 25 percent, and in the past 5 years it
still averaged as high as 16 percent per year.
The record of the air transportation industry is typical of
the facilities and equipment expansion required of a fastgrowing industry. Since 1929, the number of transport
planes in domestic service increased nearly 3 times while seat
capacity expanded 20 times—from less than 3,000 in 1929
to well over 60,000 in 1956. This expansion in operating
facilities is still continuing. The industry has placed
orders for more than $2 billion of the newest type jet and
turbo-jet transport planes to be delivered within the next
2 or 3 years. For perspective, this is an investment considerably in excess of total operating revenues from domestic
and foreign operations of about $1.9 billion collected in 1956.

New products
In the past 25 years, extraordinary advances have been
made through research in the development and marketing
of many types of new products. Business has been setting
aside large amounts annually for industrial research and
product development. In addition, large expenditures are
being made through Government-supported programs.
According to an estimate by the Research and Development
Board of the Department of Defense, industry and Government together spent about $6 billion on research in 1956
alone.
Both consumers and business have benefited from these
expenditures. In the aggregate the new and fast-growing
industries have a significant economic impact.
An important factor contributing to the growth of manufacturing output has been the cumulative effect of a fairly
steady flow of new products entering the market for both
industrial and consumer use.
Thus, air passenger and cargo transportation was reaching
sizable volume in 1929; frozen foods, synthetic detergents
and nylon were introduced for the first time during the
mid- and late-depression years; general purpose synthetic
rubber, many plastics materials, radar, and "miracle" drugs
represent a few of the notable World War II contributions;
the newer fibers, television sets, electronic devices and
computers include some of the outstanding product achievements in the postwar period. As a group, the great majority
of the new products included in the tabulation were introduced between 1939 and 1951.
For ready reference, the 43 selected products classed as
new in the table are shown in italics. These new products
and services included in the table had an aggregate value at
producers' prices of roughly $10 billion in 1955.
The new products listed are for the most part limited to
materials and consumer-type finished goods and are unevenly
distributed among industries. A relatively high concentration of such new items is in chemical lines where product
development and new production techniques have been
especially noteworthy and data are at hand for measurement.
Consumer durables for household and other purposes also
rank high, accounting for 14 items. The remaining items
are scattered among a few soft goods lines and in metals and
services.

Wide diversity of growth trends
Growth trends of new products do not show uniform
movements. Moreover, new products eventually reach a
stage of maturity when the rate of output either begins to

SURVEY OF CUKKENT BUSINESS

April 1957

9

Table 1.—Production of Selected Products and Services for Specified Years, 1929-1956
PRODUCTION

PRODUCTION
Product or Service

Unit of measure

1929 or first
year shown
belowa

1940

1951

1955

Year Quantity

1956
(preliminary)

Rapidly Growing Products—Increases at an Average Annual Rate of 7l/2 Percent or Moreb
40 Percent and over
Titanium sponge
Power brake installations
Power steering
_
Antibiotics
Television sets
Polyethylene..
Carpets, tufted
Plastic pipe
Rubber or latex core mattresses.
Styrene plastics and resins..

7,397
1,777
1,841
1,572
7,757
402
43
50
^621

14,500
1,359
1,610
1,900
7,387
558
50
65
n. a.

394

681

695

492
1,222
845
4,338
1,434
205
239

1,397
1,411
970
6,139
2,475
455
346

1,660
1,500
1,080
7,000
3,200
497
387

238
47
45
91
2,200
100
67

1,270
91
61
217
4,750
300
90

1,765
91
62
326
6,900
375
65

3,438 1,172
2,390 5,582
315
456
23
476
703
106
130
1,100 11, 600 21, 200
109
235
776 1,460
352
520
614 1,131
42

1,445
4,339
395
721
138
23,900
267
1,950
590
1,087

6
12
750

1,241 2,750
503
669
190
238
1,050 1,100
76
108
110
178
7,500 12, 125

3,200
680
228
975
128
183
13,000

39

277

2,441

3,739

3,900

2
24

104
24

132
177

143
292

155
246

_— 1929

1938
1929

1
284
1

"13
370
"10

55
2,470
n. a.

83
4,410
d
54

88
5,000
n. a.

Thous. sh. tons__ 1930
1936
Mil Ibs
1929
Mil gal
1929
Mil Ibs

1
21
4
40

6
37
45
699

41
281
184
2,424

61
396
201
1,875

68
n. a.
244
1,950

Tons
Thous
Thous
Thous Ibs
Thous
Mil. Ibs
Mil. sq. yds
Mil. lbs._
Thous

1949
1952
1952
1944
1940
1943
1951
._ 1950
1947

25
114
229
3
1
1
6
5
34

Mil. Ibs

1939

1

2

Thous
Mil. Ibs
Thous. Ig. tons...
Thous. Ibs . _
Mil. Ibs
Mil. Ibs
Mil miles

1947
1941
1939
1938
1935
1939
1929

58
6
2
9
2
2
(f)

3
56
30
5
4

30 to 40 Percent
Air conditioners, room.
Melamine resins
Pentaerythritol
Argon
Shavers, electric
Tape recorders for home use.
Pick-up hay balers

Thous
Mil. Ibs
Mil. Ibs
Mil. cu. ft
Thous
Thous
Thous

1939
1940
1940
1947
1932
1951
1940

9
1
1
20
10
100
2

20 to 30 Percent
Diesel-electric locomotives __
Automatic transmissions
Tire cord, rayon and nylon..
Polyvinyls resins
DDT
.___
Air revenue passenger miles.
Helium
Blankets, electric...
Disposals, food, waste
Ammonium sulfate, synthetic.

Units
Thous
Mil. Ibs
Mil Ibs
Mil Ibs
Mil. miles
Mil cu ft
Thous
Thous
__ _.
Thous. sh. tons__

1932
1949
1939
1939
1944
1929
1939
1946
1947
1929

4
1,270
9
14
10
51
6
200
100
6

Thous
Mil Ibs
Mil Ibs
Thous
Mil gal
Mil. Ibs
Mil cartons

1929
1934
1930
1946
1933
1940
1939

17
12
2
210
2
12
705

Mil. Ibs

1929

Mil. gal
Mil. Ibs

1929
1940

Mil
Mil. Ibs
Thous

Dryers, electric and gas
Butadiene
Rubber, synthetic
Vitamins
Detergents, synthetic
Fibers, synthetic, ex. rayon..
Air ton-miles flown

Lawn mowers, power
Canned baby foods
Urea resins
Freezers, farm and home
Xylene
Perchloroethylene
Paper milk containers
15 to 20 Percent
Plastics and resin materials, total.
Distilled spirits
Coumarone-indene and petroleum polymers.
Separate skirts
Frozen foods
AC transformer arc
welders.
Magnesium
Plasticizers
Miethanol synthetic
Canned fruit juices
Diesel and semi-diesel engines.
Repairs, household durables.
Phthalic-anhydride
Trailer coaches, mobile home
type.
10 to 15 Percent
Waists, blouses, and shirtsGarden tractors
Mixers, food
Phonographs, single
Kitchen cabinets, steel
Space heaters, floor and
wall.
Acetic anhydride
Formaldehyde
Transparent film for packaging.
Phenol, synthetic and byproducts.

495

1,286
1 5,385
85
6
15
305

12
1
1
900
2
281

35
81
22

Thous

1929

4

°19

129

152

n. a.

(1940=100)

1940

100

100

669

864

907

Mil. Ibs
Thous sh tons
Thous.

1929
1939
1940

9
380
10

58
436
10

248
1,846
67

331
3,440
102

315
3,573
122

Mil
Thous
Thous
Thous
Thous
Thous

1929
1929
1938
1940
1946
1945

5
6
338
350
1,348
166

"35
9
460
350

145
177
1,600
«322
2,672
507

170
186
3,240
2,234
4,046
558

156
n. a.
4,245
3,600
3,641
469

Mil. Ibs
Mil. Ibs
Mil Ibs

1933
1929
1929

58
52
25

225
181
109

977
988
347

842
1,259
525

910
1,339
583

Mil. Ibs

1929

24

96

388

517

518

1937
1929

355
165

650
465

6,411
1,767

2,767
3,163

3,105
3,337

1947

120

260

295

400

1929
1929
1929

400
143
220

7,500
1,513
2,518

7,200
2,305
3,408

9,750
2,399
3,784

Thous. Ibs
Sulfa drugs
Ammonia, synthetic an- Thous. sh. tons..
hydrous.
Dishwashers, electric and Thous
gas.
Thous
Clocks, electric
Thous. sh. tons..
Nitric acid
Thous. sh. tons..
Chlorine gas
See footnotes at end of table.
2
421,506,°— 57



3,600
193
605

Product or Service

Unit of measure

1929 or first
year shown
belowa

1940

1951

1955

Year Quantity

1956
(preliminary)

Rapidly Growing Products—Increasesatan Average Annual Rate of 7l/2 Percenter More b — Con.
10 to 15 Percent— Continued
Motor truck transportation.
Gasoline and other carburetor engines.
Cellophane
Plywood softwood
Aluminum, primary ingots.
Still wines, withdrawals.. .
Fractional h. p. motors
Building board
Shipping sack paper
7^ to 10 Percent
Ranges, electric
Rayon and acetate
Cleaning and dyeing
Suits, woman's
Oxygen
Outboard engines
Acetylene
Power
sprayers
and
dusters.
Cans, metal (steel consumed).
Oil burners, residential
Pipelines, oil
AC single phase motors. _ _
Calcium carbide
Fans, electric
Gypsum wall board, Incl.
lath.
Truck trailers
Repairs, passenger cars
and trucks.

Bil. ton-miles

1929

15

62

188

226

231

Thous

1929

323

°349

3,132

4,920

n. a.

Mil. Ibs
Mil. sq. ft

1929
1929

25
358

109
1,200

8263
2,866

<U70
4,897

n. a.
5,300

Thous. sh. tons.. 1929

114

206

837

1,566

1,680

Mil. wine gal
Mil...
Thous. sh. tons._
Thous. sh. tons..

1929
1929
1929
1942

11
5
143
251

82
179

123
n. a.
1,269
849

136
58
1,611
829

138
n. a.
1,671
856

Thous
Mil Ibs
(1940=100)
Mil
Bil cu ft
Thous
Mil cu ft
Thous

1929
1929
1940
1929
1929
1929
1929
1929

153
122
100
2
3
58
970
11

450
471
100
c4
5
"129
0
1,291
7

1,400
1,294
334
18
22
292
5,851
118

1,600
1,261
368
16
29
515
8,204
95

1,585
1,148
372
13
32
600
9, 254
n. a.

Thous. sh. tons.. 1943

1,684

3,805

4,484

4,786

Thous

1929

102

264

702

850

751

Bil. ton-miles
Thous _
Thous. sh. tons..
Thous
Mil. sq. ft

1939
1929
1931
1929
1929

56
97
129
781
1,079

59
°85
314
1,789
2,039

152
n. a.
775
3,265
6,006

230
785
875
5,585
7,639

223
n. a.
1,025
6,590
7,670

Thous
(1940=100)

1939
1940

24
100

27
100

67
266

78
296

72
317

oil

Moderately Growing Products—Increases at an Average Annual Rate of Less Than 7%
Percent b
6 to 71/2 Percent
Domestic water systems.. .
Shipping containers
Acetic acid
Commercial closures
Acetylsalicyclic (aspirin) _ .
Bicycles..Electric power, total
Refrigerators, electric
Sodium hydroxide, liquid.
Rubber conveyor and elevator belts.
Steel barrels and drums,
heavy.
Natural gas, marketed
Glass containers
Carbon black
_
Sanitary and tissue paper.
Asphalt
Gas transmission pipelines .
Woodpulp
Pulpwood, consumption __
Washing machines, electric and gas.
5 Percent
Corn pickers
Building paper
,.
Lamps, bulbs and tubes...
O leomar garine
Water heaters, elec. & gas.
Radios
Baseball mitts and gloves.
Hydraulic turbines
.
xjoriiig macnines
_
Warm air furnaces, gas
and oil.
Cigarettes.
Paperboard, excl. building
board.
Glass tumblers
Rubber consumption,
total.
Printing paper, total.. ...
4 Percent
Motor fuel
Special industrial paper
Sulphuric acid
Heating pads, electric
Malt liquor (fermented)

Thous
Mil. sq. ft—
Mil Ibs
Bil
Mil. Ibs
Thous
Bil. kw-hr ... __
Thous
Thous. sh. tons__
Mil. Ibs

1929
1932
1930
1943
1929
1929
1929
1929
1929
1939

Mil

1933

7

14

30

25

25

Bil. cu. ft
Mil. gross
Thous. sh. tons..
Thous. sh. tons..
Mil. bbls
Thous. miles
Mil. sh. tons
Mil. cords
Thous

1929
1929
1929
1929
1929
1940
1929
1929
1929

1,918
29
193
380
19
62
5
8
1,084

2,660
54
284
734
29
62
9
14
1,553

7,457
118
839
1,473
66
115
17
27
3,385

9,405
139
875
1,768
83
142
21
33
4,391

10,300
142
920
1,784
91
n. a.
22
36
4,713

Thous
Thous. sh. tons..
Mil
Mil. Ibs
Thous
Mil
Thous
Thous. hp. capacity KW.
Units
Thous. sh. tons..

1929
1939
1929
1929
1929
1929
1929
1929

12
9
659 n. a.
634 1,115
356
320
953
676
4
12
932 «1, 155
803 «836

94
34
1,386 1,587
2,012 2,479
1,041 1,333
2,783 3,497
13
15
n. a. d3, 348
n. a. d2, 843

36
1,371
2,610
1,369
3,536
14
n. a.
n. a.

1929
1930

689 c 1,493
2,567 3,305

2,518
7,477

2,500
8,814

n. a.
8,900

1937
1929

3,519 °4, 705
123
379

7,589 *7, 876
725 1,294

n. a.
1,214

419
412
189
6,200 11, 771 14,048

424
14, 403

124
259
36
19
239
96
8
6
3
307 c 1,253
117
180
778 2,600
747 1,100
19 n. a.

617
77
473
14
13
1,800
433
4,075
3,106
n. a.

788
95
547
17
15
1,700
629
4,200
3,904
d48

775
98
554
18
17
n. a.
682
3,700
4,212
n. a.

1929
Bil.
Thous. sh. tons.. 1929

122
4,222

1929
Mil. doz
Thous. Ig. tons... 1929

19
467

42
651

68
1,214

62
1,530

64
1,440

Thous. sh. tons__ 1934
1939

1,441
4,366

2,243
4,668

3,514
9,071

3,919
9,040

4,264
8,852

1929
1939
1929
1929
1934

444
325
5,280
638
38

617 1,141 1,374
604
538
n. a.
5,710 13,372 15, 758
932 1,450 1,980
55
90
90

1,428
689
15, 827
2,215
91

Mil. bbls
Thous. sh. tons..
Thous. sh. tons
Thous
Mil. bbls.___ ...

SUEVEY OF CUEEENT BUSINESS

10

April 1957

Table 1.—Production of Selected Products and Services for Specified Years, 1929-1956—Continued
PRODUCTION

Product or Service

Unit of measure

1929 or first
year shown
belowa
1940

PRODUCTION

1955

1951

1956
(preliminary)

Product or Service

Unit of measure

1940

Year Quantity

1,296
24
487
14

1,873
n. a.
785
14

3,675
63
1,363
25

5,100
61
1,393
25

Thous
Mil
Thous
Mil bd ft
Fertilizers, com. consump- Thous. sh. tons..
tion.
Mil. sh. tons
Paper and board, total
Thous doz
\Vork pants
Mil sh. tons
Sand and gravel
Thous. sh. tons
Salt
Bathtubs, cast iron and Thous
steel.
Industrial trucks and trac- Units
tors, electric.

1929
1929
1929
1929
1929

229
20
1,253
444
8,208

794
384
637
22
56
46
1,341 2,729 3,270
511
987 1,220
8,656 21,056 22,600

n. a.
60
3,725
1,121
21,900

1929
1929
1929
1929
1929

11
14
26
30
2,100 «4,600 4,300 5,600
594
402
238
223
8,500 10, 400 20,200 22, 700
973 2,051 2,467
944

31
n. a.
620
22,800
2,108

1929

2,080

1,719

6,525

5,550

5,720

Canned fruits
Irons electric
Tires truck and bus
Crowns
Sulphur crude
Crude petroleum
Cast iron soil pipe and
fittings.
\Vater closets
Lavatories, china and steeL

Mil. Ibs
Thous
Mil
Mil gross
Thous Ig. tons
Mil. bbls—
Thous. sh. tons__

1929
1929
1929
1943
1929
1929
1929

1,310
3,150
6
217
2,362
1,007
357

1,777
5,171
8
2,732
1,353
397

3,111
7,349
18
331
5,278
2,248
688

3,400
7,930
15
333
5,743
2,484
870

3,300
8,715
15
298
6,470
2,617
818

Thous
Thous

1929
1929

1,890 2,036
1,465 c 1,428

4,026
3,583

4,678
4,175

4,922
3,946

307
270
1,348 1,482
8,837 13, 568
3,627 3,682
2,719 3,017
945 1,023

328
1,503
14, 437
3,934
3,125
1,093

3 Percent
"Wax petroleum
Beef
Coarse paper
Ice cream
Fuel oil, distilled and residual.
Sodium carbonate (soda
ash).
Bag paper
Bedsprings.
Toasters, electric
Ethyl alcohol
Hand luggage, nonleather_
Kerosene
Veal
Kitchen sinks, cast iron
and steel.
High explosives, industrialCanned vegetables
Shirts, dress, business, etc.
AC polyphase-induction
motors.
AC watt-hour motors, s. p.
and p. p.
Adding machines, electric
and nonelectric.
Fine paper
2 Percent
Steel ingots
Zinc slab, new supply
Calculation machines, electric and nonelectric.
IVEilking machines
Portland cement
Tractors wheel-type
Tracklaying tractors
Newsprint consumption. __
Passenger automobiles
Combines, harvesterthreshers.
Pipe and tubing
Milling machines
Lubricating oil
Dresses, one-piece, women's.
Tractor mold-board plows.
Shoes and slippers
Truck and busses
Golf clubs, woods and
irons.
Asphalt roofing, (squares).
Ethyl acetate
Condensed & evaporated
milk.
Sweaters
Coats, women's, misses
and Jr.'s.
Passenger car tires
See footnotes at end of




2,825
39
1,161
22

1929
Mil gal
1929
Mil Ibs
1929
Mil Ibs
Thous. sh. tons__. 1929
1929
Mil. Ibs
1929
Mil bbls

128
630
5,871
1,606
1,303
449

Thous. sh. tons__ 1929

2,586 "2,826

5,094

4,907

5,010

Thous sh tons
Thous
Thous

1942
1939
1929

661
5,189
1,540

n. a.
2,307

845 1,019
5,988 d8, 236
3,725 3,565

1,150
n. a.
3,930

Mil. proof gal
Thous
Mil bbls
Mil Ibs
Thous

1929
1939
1929
1929
1929

207
5,178
56
761
1,211

263
n. a.
74
981

480
n. a.
136
1,059
2,604

454
7, 952
117
1,578
2,728

469
n. a.
123
1,620
2,231

Mil Ibs
Mil Ibs
Mil. doz
Thous

1929
1929
1929
1929

365
3,372
11
525

347
4,522
c 13
c367

706
7,806
17

767
7,045
22
1,038

912
8,500
22
n. a.

Thous

1929

1,571 c 1,896

n. a.

3,047

n. a.

Thous

1929

158

cl32

n. a.

315

n. a.

Thous. sh. tons__ 1929

736

736

1,366

1,464

1,605

1929
M!il sh tons
Thous. sh. tons__ 1929
1929
Thous

62
626
57

67
685
c32

105
970
n. a.

117
1,165
119

115
1,125
n. a.

1929
Thous
1929
Mil. bbls
1929
Thous
1929
Thous
Thous. sh. tons__ 1929
1929
Thous
1929
Thous

24
170
196
27
2,937
4,587
37

44
130
249
25
2,856
3,717
47

40
246
567
50
4,511
5,338
109

44
297
330
47
5,045
7,920
64

n. a.
317
216
57
5,209
5,816
41

Thous. sh. tons__ 1929
1929
Units
1929
Mil. bbls
1929
Mil

5,800 4,000 9,300
5,700 °5,300 11, 300
62
37
34
241
cl94
163

9,800
9,500
56
272

10, 200
n. a.
59
259

Thous
Mil. prs
Thous _
Thous

1929
1929
1929
1929

172
123
404
361
755
771
3,166 o2, 856

336
482
1,430
n. a.

200
577
1,249
d
4, 832

n. a.
586
1,104
n. a.

Mil. sq
Mil Ibs

1929
1929

40
55

33
75

59
85

63
85

59
92

2,731

3,228

138
510
7,175
2,501
1,495
500

Mil Ibs

1929

1,849

Thous. doz
Mil

1929
1929

4,807 c5, 884
civ
17

Mil...

1929

table.

63

1955

51

d

d

2,920

2,896

7,722 d7,200
26
24

n. a.
27

97

86

66

1956
(preliminary)

Moderately Growing Products— Increases
at an Average Annual Rate of less than
7y2 Percent b— Continued

1929
1929
1929
1940

Thous
Mil
Mil. Ibs
Mil

1951

Year Quantity

Moderately Growing Products—
Increases at an Average Annual Rate of less than
7l/2 Percent b— Continued
4 Percent— Continued
Coffee makers, electric
Trousers, separate
Cheese
Auto replacement batteries.
Tractors incl garden
Telephones in service
Vacuum cleaners

1929 or first
year shown
belowa

0 to 2 Percent
Power & distribution
transformers, 500 KVA
& under.
Cooking stoves, gas, domestic.
Linoleum.
Railroad revenue freight
ton-miles.
Cattle hides
Carpets and rugs, woven__
Typewriters, nonelectric,
electric and portable.
Hosiery
Cast iron pressure pipe
and fittings.
Raw cotton consumption.
Baseballs and softballs
Pork, excluding lard
Cotton broad woven
goods.
B ook publications
Pianos, all types
Sugar
Table, kitchen and household ware.
Canvas rubber-soled shoes.
Sewer pipe, vitrified clay._
Raw wool, consumption. ..
Lamb and mutton
Dungarees, overalls, etc
Golf balls
Lard
_
Copper, refined, new supply.
Newsprint, production
Lumber
Wheat flour
Sewing machines, household.
Creosote oil
.

Thous.

1929

423

o403

n. a.

d612

n. a.

Thous__

1929

1,602

1,742

2,356

2,217

2,014

Mil. sq. yd
Bil

1929
1929

48
450

o36
375

72
650

Mil
Mil. sq. yds
Thous

1929
1935
1929

19
49
963

21
55
o917

Mil. doz. pr
1929
Thous. sh. tons._ 1929

117
1,293

Mil. Ibs

1929

3,423

Thous. doz
Mil. Ibs
Mil. lin. yds .._

1929
1929
1929

Thous. editions __
Thous
Thous. sh. tons._
Mil. doz

1929
1929
1929
1940

10
131
7,088
34

6,965
34

11
132
7,685
39

13
d!55
8,570
37

13
n. a.
9,016
34

Mil. prs
1929
Thous. sh. tons__ 1929
Mil. Ibs
1929

44
1,675
368

c28
961
408

n. a.
1,688
495

d51

1,925
428

n. a.
1,962
455

Mil. Ibs
Thous. doz
Thous. doz _ .
Mil. Ibs
Thous. sh. tons__

682
876
6,500 «4, 700
2,819 c2, 882
2,461 2,288
1,437 1,382

521
758
6,000 7,200
n. a. d3, 066
2,864 2,660
1,445 1,545

743
5,100
n. a.
2,775
1,627

1,409
39
115
669

1,056
31
103
c457

1,108
38
117
n. a.

1,459
39
116
d676

1, 615
38
116
n. a.

1929

130

149

151

130

122

Thous. sh. tons...
Thous. sh. tons.. _
Mil
Thous

1929
1929
1929
1929

776
655
23
123

685
641
o24
o59

606
865
20
n. a.

743
651
21
a 116

770
557
22
n. a.

Mil. std
BiL. _
.

1929
1929

7,644
31

4,079
24

6,625
35

7,148
29

7,320
29

Thous. bbls
Thous
Mil sh tons
Thous. doz

1929
1939
1929
1929

725
566
2,583 n. a.
461
535
5,100 o 6, 900

697
4,183
534
5,315

660
2,417
470
4,379

n. a.
2,515
508
4,405

(1940-49 = 100)
Mil__.
Mil. prs
Thous

1939
1929
1929
1929

110
6,900
293
6,300

100
5,400
o266
C
5, 000

63
5,700
n. a.
5,540

100
5,800
d236
4,873

107
5,900
n. a.
4,984

Thous
Thous. gr. tons...
Mil. Ibs
Thous

1939
1930
1929
1929

1,597
164
2,184
126

n. a.
444
2,240
176

n. a. d 1, 312
119
148
1,452 1,551
284
87

n. a.
113
1,569
60

1929
1929
1929
1929
1929

Thous. sh. tons__ 1929
Bil bd ft
1929
1929
Mil. bbls
Thous.
1929

Mil. gal

d

65
627

n. a.
650

23
61
n. a.

26
61
1,252

26
64
1,493

136
845

153
1,473

154
1,682

147
1,747

3,954

4,847

4,384

4,339

d
883
710
"848 n. a.
8,833 10, 044 11, 481 10, 991
8,283 °8, 288 10, 136 10, 130

n. a.
11, 255
10, 248

11

cm

Products Showing Declining Trends b
Up to 2 Percent
Lead, refined, new supply.
Wire nails and staples
Suits, men's only
Sewing machines, industrial.
Brick, unglazed .
Railroad revenue passenger miles.
Turpentine
Heating stoves, domestic
Bituminous coal
Work shirts
Textile bags, burlap
Cigars
Rubber heels
Overcoats & topcoats,
men's.
Hand luggage, leather
Merchant vessels built
Creamery butter
Ironers, electric

...

2 Percent
Calf and kip skins
Mil
Local transit, passengers Mil...
carried.
Lawn mower s , hand
Thous
Mil
Sheep and lamb skins
Gloves and mittens, all Thous. doz
leather.
Thous. sh. tons__
Rails and accessories
Mil. Ibs
Manufactured tobacco
Inner tubes, total
Mil
3 to 5 Percent
Structural tile
Soap, natural
Freight cars, railroad.
Pumps, hand and windmill.
Goat and kid skins
Rubber shoes and overshoes.
Railroad passenger cars..
Flooring, beech, birch and
maple.

1929
15
11
8
1929 13,604 10,504 12,881

10
9,189

9
8,720

1929
1929
1929

1,266 ol, 272
38
38
3,040 o2, 653

n. a. d 863
26
25
2,758 d2, 055

n. a.
26
n. a.

1929
1929
1929

4,000
381
69

2,500
344
52

3,200
227
67

2,100
198
36

2,300
184
34

Thous. sh. tons.-Mil. Ibs
Thous
Thous

1937
1935
1929
1929

1,353
2,800
85
450

1,035
3,231
64
421

1,239
2,488
96
246

839
1,620
42
207

774
1,559
68
168

Mil
Mil. prs

1929
1929

56
51

38
"32

31
n. a.

26
d23

25
n. a.

Units __
Mil. bd. ft

1929
1929

2,202
121

285
87

311
61

983
48

430
46

April 1957

SURVEY OF CURRENT BUSINESS

11

Table 1.—Production of Selected Products and Services for Specified Years, 1929-1956—Continued
PRODUCTION

PRODUCTION
Product or Service

Unit of measure

1929 or first
year shown
below*

1940

1951

1955

Year Quantity

1956
(preliminary)

Products Showing Declining Trends b— Continued
3 to 5 Percent— Continued
Rubber boots
Anthracite
Methanol, natural

Thous. prs
Mil. sh. tons
Thous. gal

5 Percent and over
Cotton tire cord
Knit bathing suits
Textile bags, cotton

1929
Mil. Ibs
Thous. doz
1929
(1940-49= 100) ._-_ 1939

1929
1929
1929

°260
cg!4
99

289
291
61

67
d319
39

n. a.
29
2,270
52
n. a.
34

n a —Not available.
» Represents production in 1929 or the first year data are available; in the case of new
products (shown in italics) the first year output reached reasonable volume.
b Based upon change in output in the period 1929 or from year shown in 1929 production
column to 1955.
c Data are for 1939.

slow down perceptibly or levels off, but the pattern and
timing of such developments generally vary from product
to product. For example, frozen foods, detergents, and
sulf a drugs—3 consumer goods which were introduced around
the mid-thirties primarily as substitutes for or supplements
to other similar products—showed dissimilar output patterns.
Output of the former 2 is still expanding at relatively high
rates whereas sulfa production has not only stopped growing
but has actually declined.
Divergent movements occurred even among the newer
type products with a much shorter market life. For instance,
clothes dryers and disposals—2 relatively new consumer
hard goods—are still showing strong growth trends while
television sets and freezers have leveled off, even though all
4 products entered the market on a large scale at about the
same time.
In the case of television sets, market acceptance was
exceptionally rapid in the early stages of development but
since 1950 the increase in the number of receivers produced
has been negligible. By 1956, about 81 percent of the wired
homes in the United States had television sets. The coverage
for the other 3 products is still well below 20 percent. Since
many new products have been in production for only a
relatively short time their full market potentialities are still
to be tested.

Growth rates lower in most recent period
Growth rates for the fast-growing products showed
considerable variation during selected time periods. In
general, most products experienced high growth rates in
both the prewar years and the 1940-51 span. From 1951
through 1956, however, there was a definite tendency toward
a slowing down in output expansion of many fast-growing
products, though slowing down in such a sense frequently
must be interpreted in relation to its level and position in
jbhe growth pattern.
Lower growth rates were registered for almost all of the
listed fast-growing products in the recent period. For many
of these products, rates of increase since 1951 have been
substantially below the average for the entire period covered
by the data. In this connection it should be emphasized



Unit of measure

1929 or first
year shown
below*

1940

1956
(preliminary)

1951

1955

29
7
10
1,288
7
d79

27
8
8
1,236
6
n.a.

0

0

Year Quantity
Products Showing Declining Trends b— Continued

5,453 o 2, 919 n. a. *2, 152
52
43
74
26
6,717 4,341 2,017 2,194
251
1,021
91

Product or Service

5 Percent and over— Con.
Radiators and con vectors. _
Silk consumption
Locomotives, electric
Asphalt sidings
Black blasting powder
Steam engines, reciprocating.
Locomotives steam

Mil. sq. ft
Mil Ibs
Units
Thous. sq
Mil Ibs
Units

1929
1929
1932
1944
1929
1929

127
97
55
4,148
120
1,528

60
°309

43
7
6
2,078
14
n.a.

Units

1929

681

120

18

ae Data are for 1954.
Data are for 1952.
* Less than 100,000 ton-miles.

77
48
20

e Data are for 1950.

Source: U. S. Department of Commerce, Office of Business Economics, based upon data
obtained from private and Government sources.

that the large relative expansion which usually occurs for
newly-developed lines in the early stages must inevitably
fall as production enlarges from year to year.
These trends are further depicted in the chart which shows
the magnitude of declines in the rates of growth in the
1951-55 period compared with the longer-term period for a
representative group of new and old-established commodities
and services.
Of the 16 items included in the chart, most of which
recorded long-term annual growth rates per year of 25
percent or more, only 2—air conditioners and outboard engines—showed a higher rate in the more recent period than in
the 1929-55 period. In the case of air conditioners, the
growth rate in the most recent period has been extremely
high though irregular with most of the expansion occurring
since 1952.

Bulk of output shows moderate growth
The group of moderately growing products includes 143
items, the largest of the 3 classifications. They embrace a
wide range of goods and services for industrial and consumer
use and comprise the bulk of American output. They are
all old-established lines and for the most part were in production long before 1929. In fact, some of the basic materials and commodities date back to the beginning of the
industrial growth of the Nation.
Almost half of the products in the moderately growing
category have exceeded the long-term national average
growth rate of 3 percent per year. Many of the basic
producers' materials—woodpulp, paper and board, sulfur,
rubber, crude petroleum—are included in this category. On
the other hand, many of the prime raw materials of industry
and even more important in terms of volume and value—
steel, a few of the nonferrous metals, cement, raw cotton and
wool—fall below the rate of national output.
A similar mixed pattern is found for consumer goods.
Such items as refrigerators, washing machines, radios,
cigarettes bettered the national growth rate whereas passenger cars, pianos, women's dresses, and shoes were below it.
In the case of passenger cars in particular, the growth rate
was influenced by the year selected for computing the figure.

SUEVEY OF CUEEENT BUSINESS

12

If calculated from 1919 to 1955, the long-term growth rate
would be 4.4 percent per year which compares with 2.1
percent per year from 1929 to 1955.
Among the services, the electric power industry falls into
the moderately growing group on the basis of its annual
growth rate in the 1929-55 period. Even so, the industry
has been growing twice as fast as the long-term average for

Growth Rates in Output
Selected rapidly growing new and oldestablished products and services; recent
period compared with long-term period

0

PERCENT, AVERAGE ANNUAL RATE OF GROWTH
20
40
60
80
100

Antibiotics*
(1944)

Television sets*

April 1957

all industries and since 1940 at three times the rate. In the
most recent period, the growth rate has been even higher.
Overall power demand has been stimulated by the fastgrowing aluminum and atomic energy industries, both requiring large amounts of power. On the other hand, expansion of railroad transportation has been below the average primarily as a result of increasing competition from motor
truck and waterway transportation and in the past 15 years
from air lines, chiefly for passenger traffic.
In general, growth rates of products in the moderately
growing category follow a much different pattern from that
experienced by products in the fast-growing group. This is
so for the reason that being more mature industries changes
in their growth rates are much less pronounced than those
in the fast-growing group where many of the items are
relatively new and therefore have a much shorter market
life, as well as a low base from which to compute relative
changes. In the more recent period, for example, about
one-half of the items listed in the slowly expanding group
showed growth rates about as large or larger than their
1929-55 experience whereas in the fast-growing group, as
already pointed out, all but a negligible proportion were
substantially below their long-term growth rates.

(1940)

Some industries declining
Polyethylene
(1943)

Notwithstanding the persistent long-term industrial
growth of the Nation, the output of 47 products included in
the table has shown declining tendencies. With few exceptions, however, most of the products in the declining group
are still being produced in large volume relative to 1929.
On the whole, the declines over the long-term have generally
been under 3 percent per year. Since 1951, however, there
has been a tendency for the rates of declines to become much
greater. This has been true for about two-thirds of the
items listed in the declining group.
There are varied reasons for these contrary trends. Substitutions of products by more efficient, better quality, or
sometimes cheaper items have been among the more important considerations. For example, within the space of
about 25 years, diesel-electric locomotives have completely
replaced the steam locomotives—not one of which was built
in the past 2 years; competing fuels have whittled down the
use of anthracite for home heating by two-thirds since 1929;
and synthetic materials have supplemented or largely displaced a number of long established chemical products.
In other cases, changes in styles and tastes have been
determining factors in the shift to other products, often with
little effect upon total operations within the industry.
Separate coats and trousers are cutting into the volume of
men's suits for dress wear, while cigarettes appear to be
more popular than pipe smoking.
More than one-half of the decreasing items are concentrated in a few major product groups with textiles, apparel
and leather products accounting for 13, followed by building
materials and equipment (7), and railroad equipment and
accessories (6).

Dryers, electric
and gas*
{1947)

Rubber, synthetic*
(1939)
Vitamins
(1938)
Detergents, synthetic*
(1935)
Fibers, synthetic
excluding rayon*
(1939)

Air conditioners,
room*
(1939)

Argon*

(1947)

Pentaerythritol
(1940)

Air revenue passengermiles f l o w n *
(1929)
Frozen foods*
(1938)

Motor truck
transportation

Expansion of machinery production
Outboard engines

Gypsum wallboard,
including lath

* Represents new products. Percentages for the 1929-55 period begin with the
year (shown under the label for each product) production first reached reasonable volume
Data.- Governmental 8 private agencies
U. S. Department of Commerce, Office of Business Economics




57-10-7

One of the important segments of manufacturing not
covered satisfactorily in the analysis of growth industries
and products is the machinery and somewhat related instruments industry, and in particular the area of producers'
durable equipment. The machinery industry, as is well
known, plays a significant role in the economic life of the
Nation. It turns out in large volume heavy capital equipment as well as other machinery and metal products for use
by business, consumers, and Government.
(Continued on page 19)

by E. S. Kerber

Government Foreign Assistance in 1956
Service Due on Credits Through 1962
JL HE VARIOUS foreign assistance programs of the United
States Government furnished foreign countries in 1956 with
$4.9 billion of goods, services, and cash. This represented
an increase in transfers of $350 million—or 8 percent—over
the preceding year. Transfers of military supplies and services of $2.7 billion and other transfers of $2.2 billion both
increased, the latter as a result of the rise in the sale of agricultural commodities for foreign currencies. Transfers reported here are net of grant returns to the United States
and of principal collections on credits.
In addition to these transactions, the U. S. Government in
August 1956 paid its capital subscription of $35 million to
the International Finance Corporation. This international
agency is to assist in the economic development of foreign
countries by providing venture capital for private investments.
Since private transactions increased more than Government aid the proportion of the latter in the aggregate U. S.
balance of payments continued to decline. Payments for
imports of goods and services and private investments abroad
rose at faster rates. Nevertheless, the Government grant
and capital outlays approximated one-sixth of the total payments to foreigners in the balance of payments in 1956.
The importance of foreign aid programs cannot be evaluated entirely by these over-all relationships. For many
friendly countries, Government assistance constituted a
major share of their current dollar resources, and thus contributed to their military defense potential and to the progress of their basic economies.

Effects

of current developments

Gross grant and credit transfers in the second half of 1956
were at an annual rate of about $3.8 billion, as compared
with approximately $4% billion in new authorizations provided by Congress for the current fiscal year ending June
30, 1957. No major effects of the Suez situation were apparent in the over-all foreign assistance transfers through
December 1956, but a commitment of $500 million was made
in December by the Export-Import Bank for loan disbursements against collateral of U. S. securities to assist the
United Kingdom in meeting its extraordinary dollar needs
as a result of the Suez Canal closing.
In consequence of the Suez situation, the United Kingdom requested a waiver of $82 million in interest due in
December on its postwar indebtedness to the United States.
Furthermore, the United Kingdom obtained $561 million
from the International Monetary Fund in exchange for
pounds sterling, making it necessary for the Fund to call
upon the U. S. Treasury Department to convert non-interestbearing notes of the United States into cash. This transNOTE.—MR. KERBER IS A MEMBER OF THE BALANCE OF PAYMENTS
DIVISION, OFFICE OF BUSINESS ECONOMICS. THE SECTION ON DEBTSERVICE PROJECTIONS WAS PREPARED BY MRS. MARY R. BANTA.




action is not included in the figures for Government capital
outlays because the outlay is considered to have taken place
in 1947 when the original contribution to the Fund—partly
in the form of non-interest-bearing notes—was made.
Table 1.—United States Government Net Foreign Grants and
Credits and Selected Short-Term Foreign Assistance, by Area:
Calendar Years 1955 and 1956
[Millions of dollars]
1956

Area and type

1955

Net grants and credits
Total
Total

Net
new
grants

Net
selected
shortterm
Net
new
assistcredits ance *

4,547 4,898 4,339 4,367

-28

559

and
_ _ 2,409 2, 672 2,672 2,672
2, 137 2,226 1,667 1,695

-28

559

Western Europe (excluding Greece and Turkey) 4 and dependent
2, 123 1,939 1,723 1,950 -227
areas
Military supplies
2
1, 444 1,601 1,601 1,601
and services
122
Other aid
678
338
349 -227

216

Total
Military 2supplies
services
Other aid 3

Near East (including
Greece and Turkey)
and Africa _ _
_ __
Military supplies
and services
Other aid

216

745

764

676

592

84

88

335
410

341
423

341
335

341
251

84

88

153

150

153

150

Other Asia and Pacific
1,492 1,874 1,724 1,571
Military supplies
579
646
646
646
and services
913 1,228 1,078
925
Other aid
American Republics
Military supplies
and services
Other aid

124

218

113

139

-26

105

29
95

59
159

59
54

59
80

-26

105

Unspecified areas
Military supplies
and services
Other aid

63

103

103

116

-13

21
41

25
78

25
78

25
91

-13

1. Short-term claim acquired by United States Government under agricultural sales
programs, less short-term liability for currencies advanced by foreign government pending
delivery of agricultural commodities.
2. Includes contributions to the multilateral-construction program of the North Atlantic
Treaty Organization.
3. "Nonmilitary" grants and credits include all defense support, relief, development,
and technical cooperation assistance, including all cash transfers to foreign governments
except the contributions to the multilateral-construction program of the North Atlantic
Treaty Organization. "Defense support" is economic assistance rendered to a country to
sustain its defense burden without undue effects on the minimum level of economic strength
or growth.
4. Because of the inclusion of dependencies in the grouping "Western Europe," data
shown for other groupings, particularly "Near East and Africa," are correspondingly understated.
NOTE.—For technical note on grants and credits see SURVEY, October 1954, p. 20. Data
for 1956 are preliminary and partially estimated.
Source: U. S. Department of Commerce, Office of Business Economics.

13

SUEVEY OF CUEEENT BUSINESS

14

Shipment of $3-million worth of agricultural commodities
for needy persons in Hungary was made in the July-September period of last year—before the uprising in that country—
for distribution under the supervision of the League of Red
Cross Societies. In December, a grant payment of $5
million was made through the United Nations for Hungarian
refugee relief. Arrangements were also made for the U. S.
Government to replace stocks of foodstuffs already abroad
which were used for the refugee relief.

Shift in distribution of aid

April 1957

and other items, and military training and similar services.
Also included are the contributions to the multilateralconstruction program of the North Atlantic Treaty Organization. No other cash transfer is included in military
assistance.
Eeported deliveries of military supplies from the United
States (and from U. S. stocks) and deliveries from the production of foreign countries (excluding Canada) under "offshore procurement" contracts followed parallel timing
patterns in 1956. The transfers from offshore procurement
contracts comprised one-fifth of the annual deliveries of
military materials as compared with one-third in 1955.

Western Europe and the Asiatic areas each received about
two-fifths of the 1956 U. S. Government net grants and
long- and short-term credits. (See table 1.) Deliveries to
Western Europe declined 9 percent from 1955 to a postwar
low in 1956, though they still aggregated $1.9 billion. Shipments and disbursements to Asiatic countries, on the other
hand, increased one-fourth last year. Both major areas
obtained an 11-percent increase in military transfers. The
change in geographical emphasis was in "nonmilitary" grants
and long- and short-term credits, as technical cooperation
and economic development activities in Asia were enlarged.
Little change occurred in the annual net transfers to the
Near East and Africa area (which includes Greece and
Turkey). Expanded deliveries of military supplies and
services and major short-term credit disbursements resulted
in a 75-percent increase from 1955 to 1956 in total assistance
to the American Eepublics.

Significant among the changes in the foreign assistance
programs of the U. S. Government in 1956 was the rise in
sales of agricultural products for foreign currencies; sales
totaled almost $1.1 billion for the year. Currency expenditures more than doubled, to the equivalent of $519 million,
of which $459 million was disbursed for, or converted to,
"nonmilitary" grants and (long-term) credits. The first
chart compares the net effect of the agricultural commodity
sales, in conjunction with "nonmilitary" grants and (longterm) credits, on increasing the resources of foreign countries
in recent periods. The accumulation of foreign currencies
(or claims for such currencies) through the sales programs
may be considered, in effect, short-term credits, equal to an
additional one-fifth of "nonmilitary" assistance transferred
in 1955 and to over one-third last year.

Military transfers larger

Exports under programs over $1.4 billion

Eeported military deliveries represented 55 percent of the
total net assistance in the past year compared with 53 percent
in 1955. There was some irregularity of movement during
the year, associated mainly with the reported transfers of
aircraft and related Air Force items. Military assistance
transfers are primarily composed of military "hardware"

Further, "nonmilitary" grant and credit shipments directly
included additional agricultural commodities. Donations of
foodstuffs distributed abroad by American voluntary private
relief organizations and the United Nations Children's Fund
totaled $183 million in 1956, about the same as the preceding
year. Transfers from Commodity Credit Corporation stocks
for famine and other urgent and extraordinary relief, under
title II of the Agricultural Trade Development and Assistance
Act, rose by one-third to $107 million. Loan disbursements
by the Export-Import Bank to finance the export of United
States farm products rose to $76 million—one-third of the
Bank's annual disbursements.
All told, farm exports under the Government grant and
credit and sales programs approximated $1.4 billion in 1956,
half again as much as in 1955, according to preliminary
estimates. Consequently, agricultural shipments comprised
50 percent of the gross deliveries and cash payments under
the Government nonmilitary programs, as compared with
one-third in the preceding 12 months. In the same period
the value of U. S. agricultural exports rose from $3% billion
to $4% billion. Government financing of these exports
increased to 35 percent in 1956, and comprised about half
of the $1-billion rise.

Foreign Assistance
BILLIONS

1

OF

DOLLARS

0

0

I

Other Grants a Credits, Net
Military Grants, Net

Short- term
^ Assistance, Net

1954

Farm products used in assistance programs

1955

17. S. short-term claims increase to $1.3 billion
1956

* Foreign currency claims accumulated through the sale of
agricultural commodities
U. S. Department of Commerce, Office of Business Economics




At the end of 1956, the U. S. Government held almost $1.1
billion in foreign short-term claims arising from the sale of
agricultural commodities. A large part of these sales proceeds is to be used to provide grants and credits to the countryi
purchasing the farm products or to third countries. However, the amounts are not incorporated into the foreign
grant and (long-term) credit data presented in this article
until the foreign currencies are actually expended for such
purposes. In addition to the claims resulting from the
agricultural disposal programs, the Government held other

April

SURVEY OF CURRENT BUSINESS

1957

short-term claims on foreigners totaling more than $175
million at the year's end.
The steady climb in the Government's holdings of claims
from the sale of farm products since the sales programs began
Jn 1953 is shown in the second chart. The major accumulation of short-term claims in 1956 arose under the provisions of the Agricultural Trade Development and Assistance
Act. Gross collections under this program were $605 million, while annual disbursements of the Government-held
foreign currencies totaled $116 million, about half for longterm loans and one-tenth for "nonmilitary" grants. In contrast, currency expenditures of $397 million consumed most
of the gross receipts of $473 million under the sales provisions
of the Mutual Security Act. Five-sixths of the Mutual
Security Act currencies was expended for grants and the
remainder for loans.
Although the chart shows a preponderance of these shortterm claims in Western Europe, they were concentrated in
two countries, Yugoslavia (with $167 million) and Spain
($139 million).
In no other single country were the
claims as much as half as large.

Assistance to Asia
The proportion of short-term credits to Asiatic countries
increased only slightly from 1955 to 1956, but almost twothirds of the 1956 annual "nonmilitary" net grant and credit
transfers were made to Asiatic countries, compared with less
than one-half in 1955. Transfers increased to most countries, and the area as a whole received over one-half of all
"nonmilitary" assistance last year. An increasing amount

15

of this assistance was on a repayable basis in the form of
long-term credits, in keeping with the legislative intent to
put development aid on such terms.
"Nonmilitary" assistance to the six principal Asiatic
recipients shown in table 2 aggregated $1 billion in 1956.
Deliveries to Korea, at the head of the list, were up $25
million over the preceding year.
U. S. grant payments and deliveries to Vietnam were
relatively unchanged in 1956, but were augmented by $25
million disbursed on a mutual security loan in the first half
of the year and an increase in short-term assistance. Proportionately greater increases occurred in the "nonmilitary"
grants to the two other states formerly included in Indochina, Laos and Cambodia. The mutual security program
provided commodity imports to combat inflation and other
assistance for economic improvement in these recently
independent nations.
U. S. Government "nonmilitary" grant transfers to Pakistan slackened somewhat from the rates early in 1956, but
deliveries of grains and cotton in exchange for rupees ran
heavier in the last half of the year. In all, the rise in annual
net "nonmilitary" assistance to Pakistan was greater than
to any other nation.
Total "nonmilitary" assistance to India was stable. Increased mutual security loan disbursements and a rise in
deliveries of farm products compensated for a 40-percent
decline in grant transfers. The latter consisted of mutual
security development assistance and of agricultural products
donated by the Government for distribution through American voluntary relief agencies and the United Nations
Children's Fund.

Deliveries Under Government Foreign Agricultural Sales Programs
Currencies acquired but unspent represent $1.1 billion
temporary assistance to foreign countries
2,000
CUMULATIVE FROM INCEPTION OF PROGRAMS

1,500 -

DELIVERIES FOR FOREIGN CURRENCIES

FOREIGN •:
CURRENCIES;
EXPENDED BY >
U.S. GOVERNMENT

CURRENCIES HELD IN —
American Republics

1,000 -

Near East a Africa
(incl. Greece 8 Turkey)
South Asia
Other Asia

500 -

FOREIGN CURRENCIES HELD BY

u.s. GOVERNMENT!
(short-term claims)

1955
•END
U. S. Department of Commerce, Office of Business Economics




OF

QUARTER

Dec. 31, 1956

SURVEY OF CURRENT BUSINESS

16

Table 2.—United States Government Net "Nonmilitary" Foreign
Grants and Credits and Selected Short-Term Foreign Assistance,
For Principal Countries: Calendar Years 1955 and 1956
[Millions of dollars]
1956

Country

Net grants and credits

1955

Total

Total

Net selected
shortNet new Net new term
grants credits assist-l
ance

Aid other than military
2,137 2,226 1,667 1,695
supplies and services
Korea
Vietnam
Pakistan

__ _ __

Spain
India
China—Taiwan
Turkey
Yugoslavia _
Japan

- --

Greece
France
United Kingdom
Rest of world

- __

269
196
67

-28

559

294
226
155

309
220
93

309
195
83

25
10

-15
6
62

71
145
116
118
107 . Ill

83
81
116

46
61
95

37
20
20

61
37
-4

72
31
17

22
-3
60

17
64
10

10
43
99 -64
40 -107

15
15
25

92
131
25

111
93
88

94
28
77

74
288
58

69
50
-42

53
35
-67

642

810

544

602

58

266

1. Short-term claim acquired by United States Government under agricultural sales
programs, less short-term liability for currencies advanced by foreign government pending
delivery of agricultural commodities.
Source: U. S. Department of Commerce, Office of Business Economics.

April 1957

agencies. Short-term assistance to Egypt totaled $20 million in the year; most of this will be allocated to provide
future grants and long-term credits.
Commodity sales to Israel also accounted for the increase
in short-term assistance, with net 1956 accruals of shortterm claims totaling $31 million, while net grant and (longterm) credit transfers declined from $43 million in 1955 to
$25 million in 1956.

American Republics aid
Short-term assistance deliveries to the American Republics were five times as great last year as in 1955, and thus
were responsible for the two-thirds rise in "nonmilitary"
assistance to the area. (See table 1.) Contributions to the
construction of the Inter-American Highway doubled and
other development grants increased one-half. Famine and
other relief shipments of foodstuffs were off one-third from
1955.
On balance, long-term credit assistance to the Republics
was down for the second successive year. The major decline
Government Foreign Credits
Repayments have exceeded new loan disbursements
in recent years . . .
MILLIONS OF DOLLARS
1,000 —

NEW CREDIT UTILIZATIONS

800 —

Disbursements of Export-Import Bank loans for the export of American cotton to Japan increased in 1956 as the
previous year's cotton loans were largely repaid. Last
year's loans represented mostly disbursements of U. S.
Government funds; the previous year's disbursements and
1956 repayments were principally on credits by U. S. commercial banks from their own funds but with a complete
guaranty by the Export-Import Bank against risk. The
greater part of U. S. Government-held yen acquired under
the agricultural sales program was disbursed as it accumulated, on the development loan to Japan. Grant shipments
of wheat and nonfat dried milk for the Japanese program to
provide school lunches for over 7 million children began late
in 1956.
Exports of agricultural products in exchange for Indonesian
rupiahs began midyear under the March 1956 sales agreement and increased throughout the last half, providing
approximately $40 million in short-term assistance. There
was a slight increase in annual mutual security development
grant payments to $9 million.

Near East changes
The moderate rise in net "nonmilitary" grant and longand short-term credits to the Near East and Africa reflected
the expansion in deliveries to Turkey, and increases to
Egypt and Israel.
Grant disbursements to Egypt for development purposes
under the mutual security program tripled from 1955 to
1956 and development loan disbursements started in the
July-September period. These increases were offset, however, by the curtailment after March 1956 of exports of
agricultural commodities donated by the U. S. Government
for distribution through American private voluntary relief



PRINCIPAL REPAYMENTS

600 —

400 —

200 —

with interest collections being a significant
return on the foreign investment
400 —

200 —

1951

1952

1953

1954

1955

1956

XL

Uncoltected interest which United Kingdom has requested to be waived
U. S. Department of Commerce, Office of Business Economics

57-10-10

SUKVEY OF CURRENT BUSINESS

April 1957

was in the loans to Brazil, which continued to dominate both
disbursement and repayment activity in the Western Hemisphere. New Brazilian disbursements fell off by $50 million
to total $41 million, and repayments decreased $13 million
,to $60 million. Short-term assistance to Brazil about offset
the decline in net credits, while annual grants remained
unchanged at $6 million.

Europe
Spain was the major purchaser of agricultural commodities against payments in local funds in 1956 totaling $129
million. Spanish currency accumulations by the U. S.
Government were $61 million, as most of the remainder was
used for grants and loans. Consequently, net grants and
credits quadrupled during the year, aggregating $83 million.
Deliveries of farm products to France in exchange for
francs amounted to $85 million, but over $70 million in
French funds was disbursed, including $33 million given by
the U. S. Government to Vietnam. Net grant and credit
transfers were down to $35 million, including some payments
to France for development in French overseas territories.
Shipments of agricultural products to Yugoslavia sold for
dinars also totaled about $85 million last year—-$10 million
more than in 1955. Only $20-millipn worth of the currency
was used by the U. S. Government in each of the 2 years, by
returning the funds to the Yugoslav Government as grants.
Except for continuing shipments of donations of foodstuffs
through American private relief agencies, which recovered
some in the second half, and for a shipment to the Yugoslav
Red Cross for relief in consequence of the hard 1955-56
winter, other grant transfers to Yugoslavia were practically
eliminated in 1956.

United Kingdom returns silver
The return of $48-million worth of lend-lease silver
borrowed during and immediately following World War II
accounted for about half of the change from 1955 in the net
"nonmilitary" assistance to the United Kingdom. The
remainder of the decline resulted from cessation of direct

17

mutual security dollar assistance payments to the United
Kingdom in mid-1955. Releases of U. S. Government-held
foreign currency for military support payments in fulfillment of earlier intergovernmental agreements and for
development of overseas territories comprised the other 1956
grant.
In addition to returning lend-lease silver, the United
Kingdom paid $57 million on its postwar debts in December
1956. At that time it requested the U. S. Government to
waive—or defer—collection of the $82-million interest payment due, as noted above. This request was advanced in
accordance with the provisions of the Anglo-American
Financial Agreement of 1945.

Credit activity stable
The several recent extensive reviews of the foreign aid
programs and policy by congressional committees and the
President's Citizen Advisers on the Mutual Security Program have focused new attention on loans as a form of aid.
While repayable loans represented over one-third of "nonmilitary" foreign assistance in the first 5 postwar years, in
subsequent periods less of the aid has been on a credit basis.
More recently, legislative authorizations for the mutual
security program have emphasized the use of credits as
opposed to outright grants, particularly for development
assistance.
The magnitude of credit utilizations (disbursements)
since 1951 is shown in the accompanying chart, along with
the trend in principal repayments and interest collections.
Some extraordinary disbursements, such as those to France
in 1952 and 1953, were responsible for the major changes in
the basic utilization trend. Many loans in the early postwar period, and many of the mutual security loans which
began in 1948, provided for an initial grace period of as much
as 3 or 4 years before the start of principal repayment and,
in several instances, interest collections. The upward trend
in the recent periods reflects the end of the grace periods, as
much as the increase in amounts outstanding. Further, in
the most recent loan agreements, interest rates have been
higher.

Service Due on Credits for Next 6 Years
The U. S. Government is scheduled to receive more than
$4 billion of principal and interest during the 6-year period
ending in 1962, on the $11.7 billion of credits outstanding
at the end of 1956, if collections are made according to
present contracts. (See table 3.) Excluding the scheduled
return of silver in 1957, principal repayments will range
from $458 million in 1957 to $374 million in 1962 and interest
will decline from $269 million to $217 million. Collections on
many credits are scheduled to continue for another 30 to 40
years.
In analyzing the indebtedness of foreign countries to the
U. S. Government it should be noted that in many instances
these loans are not necessarily repayable in dollars. The
mutual security loans which have been disbursed in the past
2 years have generally provided for the payment of principal
and interest in dollars or the debtor's currency, at the option
421506°—57
3



of the debtor at the time of payment. In the event foreign
currency is elected, the agreements generally provide that
the interest installment be computed 1 percent higher than
in the case of a dollar repayment.
No interest is charged on the loan to the United Nations
for construction of its headquarters building in New York
City nor on the $201 million in silver lend-leased during and
shortly after World War II. Interest collections in 1954-55
averaged over 2.3 percent on the outstanding indebtedness,
including non-interest-bearing credits, and would have continued at this rate in 1956 if the United Kingdom paymenthad been made.

Basis of projection
Scheduled receipts are based on actual credit agreements
and balances outstanding as of December 31, 1956. Acceler-

SUEVEY OF CUEKENT BUSINESS

18

a ted collections are possible (and in some instances are occurring). As is the case in the United Kingdom situation,
collections may be deferred under certain conditions. Therefore, amounts shown do not represent a forecast of actual
collections, but set forth a schedule of amounts due. Collections will, of course, rise to the extent that additional loan
disbursements are made from present unutilized commitments (which totaled $2 billion on December 31, 1956) and
from new commitments which may be made, particularly
loans for economic development with foreign currency acquired under the Agricultural Trade Development and
Assistance Act.
Some principal and interest collections are unprojected.
These include outstanding amounts generally repayable by
delivery of strategic materials or real estate. In some
instances payments due on surplus property credits were not
projected because of the United States option to acquire
local currency and/or real estate in lieu of U. S. dollars upon
request.
Interest projections are based on the assumption that
principal repayments will be made as scheduled. In computing the projection it has been assumed that the options to
repay in foreign currencies will not be exercised by foreign
governments and that the minimum interest rates for such
credits will apply.

April 1957

Kingdom owes almost $4^ billion, upon which annual service
exceeds $150 million. France is scheduled to remit approximately $110 million annually on its $1.7-billion indebtedness.
Service by Germany rises from $35 million in 1957 to $46
million in 1958, and then to $57 million in 1959. In the last
half of 1958, first semiannual principal repayments become
due on the funding settlement for postwar grants which
comprises $1 billion of the less than $1.2 billion owed by
Germany. The indebtedness of these three countries alone
constitutes almost two-thirds of the total worldwide indebtedness.
The American Eepublics—with no major early postwar
loans, with a higher proportion of Export-Import Bank
credits to nongovernment borrowers, and consequently with
shorter terms on the outstanding indebtedness—are to pay
declining amounts from $151 million in 1957 to $120 million
in 1961. Credits to Brazil represent over half of the American Eepublics indebtedness. Projected service on the
Brazilian indebtedness decreases sharply after the final
monthly installment is paid in 1961 on the $300-million loan
authorized in 1953 for liquidation of the Brazilian commercial debts. This projection, of course, does not include any
service which will begin in 1960 on probable Brazilian drawings on the $150 million in cruzeiros to be loaned for economic development under the Agricultural Trade Development and Assistance Act.
The $380-million indebtedness of India includes $161
million in silver scheduled to be returned in kind this year,
while a major part of the loans outstanding in Japan is in the
relatively short-term cotton credit discussed above which is
repayable this year.

European debt service $400 million per year
Western Europe owes about three-fourths of the total postwar indebtedness to the U. S. Government, and is scheduled
to pay about $400 million annually in 1957-62. The United

Table 3.—Summary of Indebtedness of Foreign Countries to the United States Government at December 31,1956, and Projections of Contractual Debt Service (Principal and Interest) for Calendar Years 1957-62
[Millions of dollars]

Indebtedness
Dec. 31,
19562

Program and major country »

11,652

Total
British loan
Export-Import Bank (including agent banks)
Prior grants converted into credits and lend-lease credits 4
Mutual security 5
Surplus property (including merchant ships)
Other
_-_

3 470
2,636
2,347
2,114
939
145

Western Europe
(excluding Greece and Turkey) and dependentareas 7
Franc© --_ _ --Germany
_
_ _ _ __
Italy
Netherlands
United Kingdom

8,646
1,700
1,161
252
264
4,446

Easier n Europe 7
U. S. S. B.

_____

Other Asia and Pacific7
China
India _ _

_ _

American Republics 7
Brazil
IVEexico
United Nations

- -

-

--

_
.

_ ._

687
154
123

1,060
178
380
145
73
906
457
112
56

1960

Interest

Principal

Interest

Principal

Interest

215

659

269

415

261

426

254

414

243

30
72
97
17

50
299
228
23
45
14

69
85
48
45
19
2

51
234
40
30
45
16

68
76
48
48
18
2

52
228
52
33
45
16

67
68
47
53
17
2

53
213
52
37
39
19

66
60
46
53
16
1

211
68
6
20
13
74

196
41
29
7
6
90

214
69
17
25
9
62

193
40
29
6
6
89

229
71
29
23
9
64

187
38
28
6
6
88

221
72
30
10
10
66

9

6

7
5

11
8

7
5

11
8

5

50

57
11
10

16
4
5

41
12
11

16
4
4

43
12
11

17

96
65
3

260
4
163
71
11

17
2
5
1
2

29
4
2
(6)
11

17
2
5
1
2

23
16

119
66
17

32
16
4

118
67
16

28
14
3

17

C)

2

2

1962

1961

Principal

1. Data shown in this table include n some instances loans and other credits extended to
private entities in the country.
2. Does not include amounts charged off as uncollectible.
3. Represents indebtedness outstanding Dec. 31, 1956, for which no projections were made
because terms were indefinite or provided for deliveries of strategic materials.
4. Includes silver lend-leased and returnable in kind in 1957 as follows: Total $201 million,
United Kingdom $15 million, Netherlands $6 million, Other Near East and Africa $19 million,
India $161 million, and Other Asia and Pacific $1 million.




1959

1958

1957
Interest

45
6
1
1

(6)

Projection of contractual debt service

Principal*

297
222

Near East and Africa (including Greece and Turkey) 7
Israel
-Union of South Africa
_

Japan
Philippines

Unprojected
debt
service
on principal 2 3

Princi- Interpal
est

Principal

413

230

374

217

54
216
54
40
40
10

65
52
44
52
15
(6)

55
178
57
40
40
4

64
45
43
51
14

182
36
27
5
6
87

227
75
30
10
10
68

176
34
27
4
5
85

233
76
31
10
10
70

170
32
26
4
5
84

12
8

6
5

12
8

6
5

14
10

6
4

4
4

43
13
12

16
4
3

44
13
12

14
4
3

42
14
13

13
3
2

30
4
2
(8)
11

19
2
6
2
2

33
4
2
(6)
14

18
3
6
2
1

23
4
3
(6)

17
2
6
2
1

20
4
3

i

16
2
5
2
1

112
65
16

24
11
3

103
60
14

20
9
2

104
64
12

16
7
2

63
24
11

12
5
1

2

2

2

(9)

Interest

(6)

2

5. Includes loans repayable in strategic and basic materials.
6. Less than $500,000.
7. Includes data not shown separately. Countries shown are those with an individual
indebtedness of more than $150 million as of Dec. 31, 1956, or with service of more than $15
million in any one year, 1957-62.
Source: U. S. Department of Commerce, Office of Business Economics.

SUEVEY OF CURRENT BUSINESS

April 1957

19

Recent Financial Developments
(Continued from p. 4)

It may be seen from the chart that total installment credit
extensions in early 1957 were at a new high, well above a
year ago. However, with repayments also higher the recent
net increase in borrowing was considerably less than that
which occurred during 1955 and early 1956. Eepayments
may be expected to continue upward, over the near-term at
least, under the impetus provided by past liberalization of
credit terms and the increasing use of credit which developed
in the past 2 years. Thus, the near-term trend in total
installment credit outstanding will depend on the volume
of new loans made, which, as has been seen, is increasingly
dependent on the sales picture for durable goods in general
and for automobiles in particular.

Mortgage borrowing tapered
Individuals have also continued to add to their mortgage
debt in the opening months of 1957 although, as evident
from the chart, new loans made have been dropping substantially and rather steadily since mid-1955, shortly after
the post-Korean peak reached in new housing starts. With
repayments on existing debt still rising as the level of debt
increased, the net increase in outstanding mortgages was
substantially lower than a year ago. Preliminary estimates
place the increase in the first quarter of this year at somewhat
less than $2 billion, compared with $2.7 billion in early 1956,
and the peak first quarter high of $3 billion in 1954.
On a seasonally adjusted basis, it is estimated that new
mortgage recordings on residential properties of $20,000 or
less amounted to $6.3 billion in the first quarter of the year,
about 9 percent below a year ago and roughly one-eighth
below the record quarterly rate of residential mortgage
financing in the summer of 1955. It might be noted that
since the 1955 high, the volume of new mortgage loans has
declined in approximately the same proportion as the dollar
volume of residential construction activity.

Market conditions affect mortgage financing
A major factor in the recent slow-down of new mortgage
financing—though not a measurable one—has been the
general money market conditions which have especially
affected the availability of loan funds for government-supported mortgage financing. While conventionally written
new mortgages have been at or above year-ago levels, new
FHA and VA loans have fallen off sharply, and in early 1957
were roughly one-third below a year ago.
Whereas interest charges on conventional mortgages have
tended to move upward with market rates generally, stipulated rates on new government supported mortgages remained fixed through last November, tending to alter the
relative attractiveness of such financing. To help alleviate
this situation, the Government last December raised the
maximum interest chargeable on FHA insured mortgages.
While it is still too early to measure the effect of this
development, the flow of funds into FHA type loans, although
still at an exceptionally low level, appears to have leveled
off. In this connection, rough allowance for seasonal
influences suggests that FHA applications for new loans
were up from the low of last December, whereas the decline
in appraisal requests for VA financing would seem to have
continued into 1957. The latter requests are at the lowest
point in more than 3 years, 50 percent below a year ago.
Last month further steps were taken to ease the mortgage
credit situation for prospective home buyers. More widespread geographical participation of insured savings and
loan associations in their mortgage lending was authorized
by the housing authorities in the expectation that this
would make conventionally financed mortgage money more
readily available. At the same time the ground was prepared for more extensive use of Government-supported funds
by restoring FHA downpayment requirements to the lower
figure prevailing before financing was tightened in 1955 in
a move to counteract inflationary pressures.

A New Look at Production Growth Rates
(Continued from p. 12)

Product development in machinery and other types of
producers' durable equipment is known to have been farreaching in scope in the 1929-55 period, particularly in the
postwar years. Considerable emphasis has been in the
direction of designing larger and more efficient labor saving
machines. A complete list of such products would be impressive and would embrace all segments of machinery,
instruments, and transportation. A few of the important
new lines of capital equipment introduced since 1929 include
chain saws, continuous casting machines, aeronautical flight
instruments, aerial photographic equipment, electronic
equipment and computers, many types of construction and
mining machinery, and atomic power and research reactors.
As already indicated, adequate information for analysis is
not available.
The long-term trend of total machinery production, both
in terms of value and in physical volume (value of shipments
divided by price indexes), has been persistently upward over
the past 25 years and is now higher than ever before. The
expansion since 1929, as measured by the Federal Reserve
Board index of machinery output, has been at an average
rate of roughly 4.5 percent per year, and since 1939 the rate
has averaged 9 percent per year, or two-thirds higher than



the rate of total industrial production. The rise in machinery output has been an important factor in the increase
of overall production in the postwar period.
Data on the output of many major types of machinery are
not available in terms of physical units, but only in terms of
dollar value of manufacturers' shipments such as the data
compiled by the Bureau of the Census in its Census of Manufactures and in the Annual Surveys. The availability of
satisfactory physical output data of machinery lines is
limited to a few products such as tractors, internal combustion engines, motors and generators, and certain types of
office equipment, and these have been included in the product
table. Excluded, however, because of lack of data are such
important lines as construction, mining, special and general
industrial machinery, metalworking and electrical machinery
and equipment, and electronic parts and components. Together, these account for the bulk of total machinery production.
In order to provide some indication of the movement of
production among the major product groups within the
machinery industry, data have been compiled from Census
of Manufactures reports on the dollar value of manufacturers'
shipments for about 25 product groups within the machinery

SURVEY OF CURRENT BUSINESS

20

April 1957

The results of these calculations indicate impressive output
industry for 5 years—1929, 1939, 1947, 1951, and the last
gains in real terms by product groups, though obviously
Census year, 1954.
less than on the current value basis. In general, product
groups showing the largest gains in dollar value of shipments
All product groups share in advance
also recorded the greatest increases in physical volume.
Among the individual product groups, most of which
Examination of the results of this tabulation reveals that
would be included in the moderately growing group on the
all segments of the industry participated in the advance
basis of output expansion from 1929 through 1954, the averthough in varying proportions, with all of the rise generally
age annual rates of growth varied, ranging from 0.6 percent
occurring since 1939. As in the total, the movement within
for elevators and stairways to 10 percent for flue-fired inproduct groups was highly sensitive to changes in business
dustrial furnaces and ovens. The number of products above
conditions, with some types more so than others. In value
or below the average growth rate for the machinery industry
terms, output in 1954 ranged from roughly 3% times that
as a whole was roughly even.
of 1939 for textile machinery to well over 11 times for a
number of lines, with the rapidly growing electronic equipThis review emphasizes the wide divergencies in output of
ment industry showing the largest value increase of 17 times.
industries and products over the past 25 years or more.
It should be noted that higher prices during the postwar
Rapid growth has been shown for many products, both new
period contributed to these rates of increase in values.
and old, and this has been an important factor contributing
Precise measurements of volume gains are not possible. For
to the total growth of the economy. Much of the expansion
the purpose of this analysis, however, approximate estimates
has been the direct result of production research and aggresof volume were derived by dividing current dollar figures
sive marketing policies of American industry. In the postby price indexes for about 25 product groups. The price
war years business firms have concentrated to an unusual
indexes used were those developed for determining purchases
degree upon developing and marketing new products and
of producers' durable equipment in constant dollars for the
finding new uses for old-line products. As in the past the
national income accounts, without taking account of changes
fruits of such continuing activities are a basic source of
in the quality of products.
strength in the American economy.

NEW OR REVISED STATISTICAL SERIES
Indexes of Farm Marketings (Unadjusted): Revised Data for Page S-2

1

[1947-49=100]
Physical volume of farm marketings

Crops

Livestock
and
products

51
55
55
55
55
58
58
56
61
62

53
57
59
58
59
63
59
56
61
62

50
54
53
53
52
54
56
56
61
62

58
60
62
64
68
66
68
69
70
70

59
64
60
60
67
65
69
69
69
70

58
58
63
68
69
67
68
59
70
70

68
68
66
67
66
61
66
70
72
75

66
66
63
61
56
57
60
70
73
74

70
70
69
71
74
65
71
69
72
76

77
79
88
93
98
98
96
99
97
103

72
73
80
79
.85
87
86
96
98
106

81
84
93
103
107
105
103
102
96
101

100
101
105
110
111
115

96
94
100
107
102
106

103
107
109
113
117
121

Year
Total

1910
1911
1912
1913
1914
1915
1916
1917
1918
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
1951
1952
1953
1954
1955

Total

Crops

Livestock
and
products

104
82
79

106
75
57

102
87
96

74
76
84

37
38
57

July
August
September

106
102
120

October
_ _ __
November
December
1950
January
February
March »

Year and month

1947
January
February
March

ApriL
May
June

April
May
June__ __

__
_

July.
August
September _ _
October.
November
December ._

__-

..
...

1953
January
February
March

April
Mav
June
July
August
September _
October
November
December

_ .

Total

Crops

Livestock
and
products

1948
January
February
March

89
65
70

82
45
45

94
80
89

101
105
104

April
May
June

75
77
88

46
44
65

97
101
104

110
114
141

102
94
104

July
August
September

96
98
118

101
107
146

92
91
96

143
120
103

182
130
98

115
113
106

October
November
December

152
130
109

212
162
124

110
75
77

124
60
48

100
87
99

1951
January
February
March.. - ___

99
72
74

74
80
83

40
37
55

100
112
103

April
May
June

96
102
113

95
103
123

96
100
105

146
133
112

184
156
121

112
79
84

Year and month

Year and month

Livestock
and
products

Total

Crops

1949
January
February
March

95
73
81

97
58
58

93
84
98

April
May
June.. .

76
82
91

46
52
75

98
104
103

July
August
September

99
111
128

105
122
158

95
163
105

106
107
98

October
November
December

151
139
116

194
174
134

118
112
103

89
51
41

106
87
99

1952
January
February _
March _

98
79
79

88
53
48

105
98
103

75
77
80

37
32
48

103
111
104

April
May.
June..

78
82
90

41
47
70

106
109
105

July . .
August
September.. _ _ . .

96
111
126

92
118
144

100
105
112

July
.
August
September..

105
112
133

109
124
160

102
103
113

117
116
105

October _ .
November
December - -

158
138
113

196
160
121

129
120
107

October-.
November
December

158
129
118

196
139
122

130
121
115

119
56
55

108
97
105

1954
January
February
March

112
85
85

117
66
47

109
99
113

1955
January
February
March __

113
86
85

108
63
46

117
103
115

81
85
94

45
47
69

109
113
113

April
May
June

80
85
94

39
43
69

111
117
113

April
May
June..

87
91
95

49
48
66

116
123
116

101
110
136

93
109
162

107
111
116

July
August
September

102
117
140

94
118
163

109
116
123

July
August
September

102
122
140

94
121
163

108
122
123

165
148
126

212
173
140

130
129
115

October...
November
December

155
148
122

181
166
125

135
135
120

October
November _
December ...

164
157
132

195
182

141
139
125

.- .

. ._ ..
-. -

-

-.

.

141

* Compiled by the U. S. Department of Agriculture, Agricultural Marketing Service. The indexes have been revised to reflect adoption of the 1947-49=100 base period; also wider coverage and
use of new price weights.




* BUSINESS STATISTICS
JL HE STATISTICS here are a continuation of the data published in BUSINESS STATISTICS, the 1955 Statistical Supplement to the SURVEY OF
CURRENT BUSINESS. That volume (price $2.00) contains monthly data for the years 1951 through 1954 and monthly averages for earlier years
back to 1929 insofar as available; it also provides a description of each series and references to sources of monthly figures prior to 1951. Series
added or significantly revised since publication of the 1955 Supplement are indicated by an asterisk (*) and a dagger (f), respectively. Except
as otherwise stated, the terms "unadjusted" and "adjusted" refer to adjustment for seasonal variation.
Statistics originating in Government agencies are not copyrighted and may be reprinted freely. Data from private sources are provided
through the courtesy of the compilers, and are subject to their copyrights.
[Averages for the year 1955 are provided in the July 1956 issue of the SURVEY]
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

1957

1956
February

March

April

May

June

July

DecemAugust SeptemOctober November
ber
ber

January

February

March

GENERAL BUSINESS INDICATORS
NATIONAL INCOME AND PRODUCT
Seasonally adjusted quarterly totals at annual ratesrf
National income, total
bil. of dol__

334.9

338.7

343.5

233 0
219 4
182.5
96
27.3
13 6

237 2
223 5
186.2
9 5
27.8
13 8

240 4
226 2
188.3
95
28.5
14 2

245.5
231 1
192.9
9.5
28.7
14.4

49.5
28 2
11.5
98

49.9
28 9
11.3
9 7

50.7
29 5
11.6
9 7

51.7
29 9
12.1
9.7

40.9
43 7
22 1
21 6
—2 8
11.5

39.8
42.9
21.7
21.3
—3 1
11.7

40
41
20
20
_
12

4
2
8
4
g
0

—3 3
12.4

do

403 4

408 3

413 8

423 8

do
do
do_
do

261 7
34 8
130.5
96 4

263. 7
33 4
132.3
98.0

266 8
33 0
134 0
99 7

270 9
34 8
134.7
101 4

Gross private domestic investment, total .. do._
New construction
do
Producers' durable equipment
-.. do
Change in business inventories
do

63.1
32 6
26.4
4. 1

64.7
33 6
27.5
3.5

65 1
33 6
29.5
20

68. 5
32 9
31. 5
4 1

Net foreign investment
_
do
Government purchases of goods and services, total
bil of dol
Federal (less Government sales) _ _
do___
National security 9
do
State and local
do

.1

1.2

1.7

2.4

78 5
46.4
40 5
32.1

78.7
46.1
40 7
32.6

80 2
47.2
41 9
33 0

82 0
48.3
43 2
33 7

317 5
37 3
280.2

322.9
38 1
284.9

327 0
38 8
288 2

333 2
39 9
293 3

18 6

21.2

21 4

22 4

Compensation of employees, total
Wages and salaries, total
Private
.
Military
Government civilian
Supplements to wages and salaries

do
do
do
..do
do._ .
do

Proprietors' and rental income, totalcf
do
Business and professionalcf
do
Farm
._ _ _
..__.._
_ _ _ . _ . . do.__
Rental income of persons
--do
Corporate profits and inventory valuation adjustment, total
-_ bil. of dol
Corporate profits before tax, total
do
Corporate profits tax liability
do
Corporate profits after tax
- do
Inventory valuation adjustment
do
Net interest _
.
do.
Gross national product total
Personal consumption expenditures, total
Durable goods
Nondurable goods
- -Ser vices

Persona] income total
Less* Personal tax and nontax payments
Equals: Disposable personal income

do
do
- do-

Personal saving§

do

PERSONAL INCOME, BY SOURCE
Seasonally adjusted, at annual rates :f
Total personal income
Wage and salary disbursements, total
Commodity-producing industries
Distributive industries
Service industries
Government

bil of dol
- do
do
do_
do
do-

Other labor income
. _ _ ._
doProprietors' and rental income
do
Personal interest income and dividends
do
Transfer payments
-do
Less personal contributions for social insurance
bil. of dol- .

317 1

318 6

321 7

322 8

324 9

324 3

328 1

329 5

332 5

333 5

334 0

r

335 0

336 6

337 6

218.9
94.7
57.9
29 5
36.8

220.3
95.1
58.4
29 6
37.2

222.9
96.8
59.1
29 8
37.2

223.2
96.8
59.1
30 0
37 3

225.2
97.5
59.9
30 2
37.6

224.0
95.9
59.9
30 4
37.8

227.1
98.3
60.3
30.6
37.9

228.5
99.1
60.5
30 8
38.1

229.7
100.6
60.2
30 9
38.0

231 0
101.1
60.6
31 1
38 2

232 9
102.3
60 9
31 3
38 4

'r 232 7
101. 2
r
61 5
r
31 3
r
38 7

233 7
101.9
61 5
31 4
38 9

234.2
101.9
61.8
31 5
39.0

7.2
49.7
28.7
18.3

7.2
49.5
28.8
18.5

7.2
49.7
29.1
18.6

7.2
50.1
29.4
18.7

7.3
50.0
29.6
18.6

7.3
50.5
29.7
18.6

7.3
51.0
29.8
18.8

7.3
50.9
30.0
18.7

7.4
52.3
30.2
18.9

7 4
51.7
30.3
19.1

74
51.2
29.2
19.3

75
51.3
30.6
19.6

7 5
51.5
30.7
19.9

7.5
51.5
30.9
20.2

5.7

5.7

5.8

5.8

5.8

5.8

5.9

5.9

6.0

6.0

6.0

6.7

6.7

6.7

T

309.4
314.4
310,3
Total nonagricultural income.,
do
301.5
304.0
322.2
306.8
307.6
318.8
'319.7
321. 3
312.8
316.3
317.9
r
Revised.
tRevised series. Estimates of national income and product and personal income have been revised back to 1952 (see pp. 7 ff. of the July 1956 SURVEY); for data prior to 1952, see the 1954
NATIONAL INCOME SUPPLEMENT or the 1955 edition of BUSINESS STATISTICS.
cf Includes inventory valuation adjustment.
9 Government sales are not deducted.
§Personal saving is excess of disposable income over personal consumption expenditures shown as a component of gross national product above.




S-l

SURVEY OF CURRENT BUSINESS

S-2
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

April 1957

1956

February

March

April

May

June

1957

July

DecemAugust Septem- October November
ber

January

February

March

GENERAL BUSINESS INDICATORS—Continued
NEW PLANT AND EQUIPMENT
EXPENDITURES
Unadjusted quarterly totals:cf
All industries

TniV of dol

7,462

8,880

8,901

9,838

1

8, 830

Manufacturing
Durable-goods industries
Nondurable-goods industries

do
do
do

2,958
1,462
1,496

3,734
1,862
1,872

3,834
1,960
1,874

4,428
2,339
2,089

3,908
2 028
1,880

Mining
Railroads
Transportation, other than rail
Public utilities
Commercial and other

do
do
do
do
do

262
297
396
936
2 613

319
326
423
1,199
2,880

314
277
443
1,308
2,725

346
332
450
1,452
2,830

304
358
414
1,322
2. 524

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

1

32.82

34.49

35.87

36.46

Manufacturing
Durable-goods industries
Nondurable-goods industries

do
do
do

13.45
6.57
6.88

14.65
7.38
7.27

15.78
8.20
7.58

15.81
8.21
7.60

16 34
8 48
7 86-

Mining
Railroads
Transportation, other than rail
Public utilities
Commercial and other

do
do
do
do
do

1 13
1.25
1.65
4 56
10.78

1.28
1.22
1.63
4.61
11.10

1.26
1.20
1.79
5 08
10.76

1.28
1.23
1.76
5.27
11.11

1 23
1.34
1 76
5 65
10 57

36 89

FARM INCOME AND MARKETINGS J
Cash receipts from farming, including Government
payments, total
..mil. of dol
Farm marketings and CCC loans, total
do
Crops ..
do _
Livestock and products, total 9
do
Dairy products
_
_.do
Meat animals
do
Poultry and eggs
.__
.do
Indexes of cash receipts from marketings and CCC
loans, unadjusted:
All commodities
1947-49=100
Crops
do
Livestock and products
... _ do _
Indexes of volume of farm marketings, unad justed:
All commodities
1947-49=100
Crops
_
do
Livestock and products
do

1,972

1,837

1,883

2,038

2,091

2,336

2,715

3,148

3,927

3,306

2,768

2,574

"2,032

1,945
765
1,180
346
580
234

1,816
564
1,252
376
591
267

1,866
578
1,288
381
622
258

2,022
627
1,395
420
676
268

2,077
779
1,298
411
617
241

2,298
1,008
1,290
388
632
249

2,672
1,247
1,425
372
785
253

3,111
1,726
1,385
355
746
268

3,755
2,131
1. 624
363
945
296

3,216
1,749
1,467
342
806
301

2,728
1,406
1,322
371
615
321

2,530
1,146
1,384
384
756
220

"2,001
P775
P 1,226
P361
"633
"209

80
71
87

74
52
92

77
54
95

83
58
102

85
72
95

94
94
95

110
116
105

128
160
102

154
198
119

132
163
108

112
131
97

104
107
102

"82
?72
*>90

97
72
116

89
46
122

88
44
122

93
45
129

96
64
121

112
101
120

124
117
129

144
168
126

177
208
153

157
176
142

128
131
125

119
108
126

P%
i>72
P 113

INDUSTRIAL PRODUCTION
Federal Reserve Index of Physical Volume
144

143

144

141

141

128

142

146

151

147

144

145

147

P 14S

_ do ...
do
do
do
do

146
161
152
159
177

145
161
152
160
182

146
162
152
159
185

142
157
144
154
181

142
156
140
146
179

129
139
62
24
1T2

143
155
118
119
143

148
161
145
158
168

153
168
149
162
181

149
166
146
159
180

146
166
142
158
180

146
164

v 150

'146

149
'167
'149
160
176

do
do
do _ _
do
do

172
134
168
152
200

171
134
168
154
196

174
136
172
154
206

167
130
167
151
198

166
132
165
150
195

160
124
157
146
178

167
135
167
146
209

172
144
176
153
220

180
145
181
152
237

181
138
177
151
227

183
139
177
157
216

181
136
175
' 157
••208

183
137
177
' 159
'211

v 183
p 13*
^177
•» 160
*210

Transportation equipment 9
do
Autos
_- ..
._ .-do _ _
Trucks
do
Aircraft and parts
do
Instruments and related products
do _ _ _
Furniture and
fixtures
do _ _ _
Lumber and products
do _
Stone, clay, and glass products
do
Miscellaneous manufactures ___do

205
164
125
521
161
123
121
150
145

202
163
130
513
161
122
119
153
142

201
162
133
516
164
119
126
158
141

189
127
117
520
164
117
125
162
140

188
127
123
531
163
118
129
163
141

186
127
99
536
162
115
116
156
135

186
109
101
555
167
123
135
164
145

180
59
98
569
171
125
133
157
150

202
105
103
582
173
127
130
165
154

218
164
102
601
174
122
117
161
150

225
177
'101
619
175
125
104
156
145

224
174
'98
••624
'173
118
104
'148
136

'228
178
113
634
'174
119
'113
151
'137

j>227
•p 171

131
102
104
140
95
97
94
105
115
123
84

130
104
102
136
95
108
105
105
110
115
85

129
106
103
131
95
117
111
103
108
112
89

127
108
105
121
97
119
108
110
105
109
90

127
114
110
122
100
128
119
115
100
99
90

119
114
111
118
100
123
107
96
86
87
76

131
122
123
116
99
118
101
115
102
104
92

134
130
134
129
100
116
106
111
103
101
87

137
127
129
142
101
120
118
115
109
113
94

132
117
119
148
100
110
109
111
105
109
86

125
106
108
138
99
98
93
87
99
104
78

131
103
104
132
96

p 133

Unadjusted, combined index _.

1947-49=100

Manufactures .
_._
Durable manufactures
Primarv metals 9
Steel
Primary nonferrous metals
Metal fabricating (incl. ordnance)
Fabricated metal products
.
Machinery . _
_
_
Nonelectrical machinery
Electrical machinery

Nondurable manufactures
Food and beverage manufactures
Food manufactures 9
Meat products
Bakery products
Beverages
Alcoholic beverages
Tobacco manufactures
Tpixtile-m ill products 9
Cotton and synthetic fabrics
Wool textiles

do
do
do
do
do
do
do
do
do
do
do

160
180

128
' 101
'104
139
95
90
86
110
101
108
r 74

r 167

v 145

v 178
v 119
v 116
v 155
"138

105
111
80

118
116
95
113
108
108
101
108
114
119
109
124
120
Apparel and allied products
do
102
100
104
90
100
95
104
108
106
99
112
120
Leather and products
do
162
144
169
163
163
157
145
160
165
160
163
162
161 i
Paper and allied products
do
162
143
159
161
158
142
152
160
163
162
160
161
163
Pulp and paper
do
144
145
129
133
134
136
142
139
136
139 i
137
135
P 143
130
Printing and publishing
do
182
184
166
181
172
173
181
177
176
186
180
179
179
Chemicals and allied products
do
199
182
198
192
205
192
188
207
'199
197
200
201
201
Industrial chemicals
do
132
143
140
142
148
145
145
142
'146
137
135
v 142
142
143
Petroleum and coal products
do
152
146
149
148
160
151
151
144
142
156
158
148
151
Petroleum refining
do
128
144
105
123
147
135
127
129
140
150
'132
140
146
Rubber products. .
___
do
r
Revised.
p Preliminary.
i Estimates based on anticipated capital expenditures of business; those for the 2d quarter of 1957 appear on p. 10 of the March 1957 SURVEY.
cf Historical data (annual totals, 1939 and 1945-55; quarterly, unadj. and seasonally adj. at annual rates, 1947-55) appear on pp. 6 and 7 of the June 1956 SURVEY.
9 Includes data not shown separately.
JRevised series. Annual estimates beginning 1910 and monthly data for the period January 1952-December 1955 for cash receipts have been revised to take into account recent information
on production, disposition, and price; revisions are shown on p. 19 of the March 1957 SURVEY. Indexes of cash receipts and volume of marketings (annuals, 1910-55; monthly, beginning
January 1947) have been revised to reflect adoption of the 1947-49=100 base period; for the volume index, also wider coverage and use of new price weights. The revised indexes of volume
of marketings appear on p. 20 of this issue of the SURVEY. Unpublished indexes of cash receipts (prior to May 1955) will be shown later.




SUKVEY OF CURRENT BUSINESS

April 1957
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

S-3

1956

February

March

April

May

1 June

July

1957

DecemAugust SeptemOctober November 1
ber
ber

January

February

March

GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION— Continued
Federal Reserve Index of Physical Volume— Con.
Unadjusted index— Continued
M inerals
1947-49 =100
Coal
do .
Crude oil and natural gas
do
Metal mining.
_.
do
Stone and earth minerals
do
Seasonally adjusted, combined index
Manufactures. ..
Durable manufactures
Primary metals

127
88
151
92
126

127
86
151
93
128

do .

143

_.do.__
do
do.__

144
158
146

-

Metal fabricating (incl. ordnance)
Fabricated metal products -.
.
Machinery t
Nonelectrical machinery t
.
Electrical machinery J

146

147

146

146

" 146

147
165
146

149
167
145

147
164
144

147
164
143

"147
"163
"138

180
139
175
154
214

183
141
176
156
216

180
137
173
'154
'208

180
137
'171
'154
'205

" 179
"137
" 171
" 154
"206

203
172
122
120
157
146

216
172
119
119
157
144

223
173
120
117
158
144

221
'173
118
114
'155
140

130
114
106
103
113
102

131
113
106
105
117
101

129
114
109
103
108
104

130
114
107
103
110
102

'131
' 111
112
100
109
102

'131
113

161
138
176
139
135

159
137
177
143
132

160
140
177
140
134

160
139
177
143
126

157
140
179
145
'137

159
141

'147
' 145

157
141
182
'145
147

130
85
154
103
140

131
86
151
123
143

131
85
151
132
141

130
87
149
128
142

131
80
154
'127
'141

130
80
154
119
'142

'131
86
'152
120
142

116

120

113

128

139

141

'137

'142

121
127
117
104
125
130
106

122
109
136
116
121
238
115

111
59
158
122
158
265
118

132
105
158
122
142
312
118

151
164
141
117
122
270
112

154
177
137
118
128
217
110

'148
174
'128
113
124
188
'110

155
178
137
115
201
'112

123

127

127

123

123

132

141

'137

137

" 134

128
120
138
114
134
218
110

135
122
148
117
152
227
111

132
124
141
117
136
231
114

127
106
148
118
149
232
113

129
117
142
115
136
237
110

143
152
136
114
130
218
109

154
168
143
115
144
218
113

'147
169
'129
114
127
181
'114

147
167
131
112

" 143
" 159

143

141

141

136

143

144

146

144
159
146

143
157
141

142
157
136

138
148
69

144
158
125

146
162
148

147
163
147

168
134
°163
147
•194

167
132
163
148
193

170
136
169
148
208

167
130
169
149
208

168
132
169
149
208

169
130
172
152
210

172
134
174
155
211

174
139
175
157
210

176
140
174
156
211

do
do
do__.
do
do
do

199
161
122
123
155
143

196
160
121
118
154
141

193
162
123
122
158
144

187
164
123
121
162
143

188
163
122
123
161
144

189
167
123
127
161
145

191
171
122
130
160
145

193
171
122
126
154
146

do __
do
do
do
do
do

130
113
107
110
114
111

128
112
105
107
108
105

130
113
108
106
109
106

129
111
106
103
111
103

128
111
106
100
112
101

128
112
106
100
112
102

130
114
105
102
112
102

do
do
do
do
do

157
132
176
142
143

157
132
176
144
135

160
135
179
139
136

160
135
177
140
127

161
135
176
140
120

162
136
176
132
125

. do _ _
do
do _
do
do.__

129
88
148
116
138

129
90
148
117
138

129
89
147
129
141

128
85
149
118
140

129
85
149
113
143

123
75
152
60
142

143

143

141

124

124

157
164
153
123
156
233
110

157
163
155
121
168
218
108

154
162
150
116
162
209
109

131
127
136
112
143
184
108

130
127
134
111
143
174
109

do

137

133

132

125

do
-do
do
do
do
do
do

149
155
146
120
148
218
111

144
145
144
118
149
209
108

141
140
145
117
147
219
111

132
118
141
117
137
226
110

— -do..
.do
do
do
do

Paper and allied products
Printing and publishing
Chemicals and allied products J
Petroleum and coal products
Rubber products

-

"88
v 159
"95
"133

143
157
145

Nondurable manufactures t
Food and beverage manufactures
Tobacco manufactures
Textile-mill products
\pparel and allied products
Leather and products

-

'130
86
'155
96
129

141

Transportation equipment
Instruments and related products
Furniture and
fixtures
Lumber and products
Stone, clay, and glass products
Miscellaneous manufactures
_

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

130
84
'157
'91
'128

130
85
149
140
142

. .
_

"133

129
83
155
94
138

130
86
151
121
138

131
84
148
144
149

119
62
149
73
147

131
87
150
121
149

132
90
147
142
151

132
93
147
142
150

130
90
149
114
144

r

184

223

••174

'117
'114
156
'136

"222
"177
"118
" 115
" 157
"136
" 131

101
110

"140
" 144
" 135
"92
" 156
"121
" 144

CONSUMER DURABLES OUTPUT
Unadjusted, total output

1947-49=100

Major consumer durables
Autos
_Major household goods
Furniture and floor coverings
Appliances and heaters
Radio and television sets
Other consumer durables

do
-do
do
do
do
do
do _.

Seasonally adjusted, total output t
Major consumer durables t .
Autos ._- --Major household goods t
Furniture and floor coverings
Appliances and heaters t
Radio and television sets
O ther consumer durables

189
114

" 142
" 155
" 171

p 111

P 112

BUSINESS SALES AND INVENTORIES §
Manufacturing and trade sales (seas, adj.), total
bil ofdol

52.9

53.1

53.2

54.4

54.3

52.7

54.5

53.9

55.0

55.6

55.8

'56.6

56.4

do
do
do..

27.2
13.6
13.6

27.1
13.3
13.8

27.2
13.5
13.7

27.8
13.8
14.0

27.7
13.9
13.8

26.2
12.6
13.5

27.6
13.7
14.0

27.6
13.7
13.9

28.3
14.2
14.1

28.7
14.3
14.4

28.7
14.5
14.2

'29.2
14.6
14.5

29.2
14.7
14.6

\Vholesale trade total
Durable-goods establishments
Nondurable-goods establishments

do
do
do

10.4
3.5
6.9

10.3
3.5
6.8

10.4
3.6
6.8

10.7
3.7
7.0

10.6
3.7
6.9

10.5
3.6
6.9

10.6
3.6
7.0

10.3
3.5
6.8

10.6
3.6
7.0

10.6
3.5
7.0

10.6
3.5
7.1

10.9
'3.6
'7.3

10.7
3.5
7.2

Retail trade total
Duratle-goods stores
Nondurable-goods stores

do
do
do

15.3
5.4
10.0

15.7
5.4
10. 3

15.5
5.3
10.2

15.9
5.4
10.5

16.0
5.5
10.5

16.0
5.5
10.5

16.3
5.5
10.7

16.0
5.3
10.7

16.1
5.5
10.6

16.4
5.7
10.7

16.5
5.8
10.7

16.4
5.7
10.7

16.5
5.8
10.7

83.6

83.8

84.5

85.1

85.6

85.8

86.1

86.5

87.2

88.0

88.5

88.7

88.9
51.8
30.1
21.7

Manufacturing total
Durable-goods industries
Nondurable-goods industries

.._

Manufacturing and trade inventories, book value, end
of month (seas, adj.), total
bil ofdol
M^anufs cturing total
Durable-goods industries-.
Nondurable-goods industries

do
do
do

46 9
27.0
19.9

47.4
27.4
20.0

48.0
27 7
20.2

48.6
28.1
20.4

49.1
28.2
20.9

49.2
28.2
21.1

49.5
28.2
21.4

50.1
28.7
21.4

50.8
29.4
21.4

51.3
29.9
21.4

51.4
29.9
'21.4

51.5
'29.9
' 21. 6

Wholesale trade, total
Durable-goods establishments
Nondurable-goods establishments

do _ _
do
do

12.5
6.4
6.0

12.6
6.5
6.1

12.6
6.5
6.1

12.7
6.5
6.1

12.7
6.6
6.1

12.8
6.6
6.2

12.8
6.6
6.2

13.0
6.7
6.3

13.1
6.7
6.3

13.2
6.7
6.4

13.3
6.8
6.5

'13.1
6.8
6.4

13.1
6.7
6.4

23.4
10.2
13.2

23.3
10.1
13.2

23.5
10.4
13.1

23.9
10.7
13.2

24.0
10.8
13.2

23.9
10.8
13.1

24.2
23.9
23.9
23.8
23.8
23.8
RetaU trade, total
do _ ._
23.7
11.5
11.1
10.7
11.0
11.2
10.5
10.8
Durable-goods stores
do
13.2
12.9
12.8
12.7
13.1
13.3
12.6
Nondurable-goods stores ..
do .
r
a
Revised.
" Preliminary.
January 1956 rcvisions: Ma chinery, ] 65; electr cal machinery, 201.
^Scattered revisions for 1955 will be shown later.
§The term "business" here includes only manufact uring ant [ trade. 1Business i aventories•> as showi i on p. S- 1 cover d ita
data for manufacturing are shown on p. S-4; those for r ^tail and i vholesale trade on ]3p. S-9, S -10, and S -11.




for all types of iproducers, both farrn and nor farm. U ladjusted

SURVEY OF CURRENT BUSINESS

S-4
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

April 1957

1956
February

March

April

May

June

July

1957
August

Septem- October Novem- December
ber
ber

January

February

GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS
Sales, value (unadjusted), total
mil of dol
Durable- goods industries, total
_
__ _ _ _ d o Primary metal
do
Fabricated metal
. _ _ _ . -_do_ _
Machinery (including electrical)
do
Transportation equipment (including motor
vehicles)
_ _
. _
- mil. of dol
Lumber and furniture
do
Stone, clay, and glass
_ _ _ _ __do
Other durable-goods industries. do
Nondurable-goods industries, total
Food and beverage
Tobacco
Textile
Paper
_
Chemical
.
Petroleum and coal
Rubber
. _
Other nondurable-goods industries

_ do
do
do _
do
do
-- - - do
do
..-do
do.._

Soles, value (seas, adj.), total
Durable-goods industries, total
Primary metal
Fabricated metal
Machinery (including electrical) - -_
Transportation equipment
(including
vehicles)
mil
Lumber and furniture
_
_
Stone clay and glass
Other durable-goods industries
_ - - __
Nondurable-goods industries, total
Food a n d beverage _ _ _ _ _
Tobacco
Textile _ _
Paper
Chemical
Petroleum and coal
_
_ _Rubber
Other nondurable-goods industries

1,342
3,652

28,505
14,290
2,607
1,427
3,949

27, 370
13, 944
2,493
1,434
3,876

27, 830
14, 069
2,502
1,441
3,957

27, 727
14, 235
2.571
1,484
4,057

24, 122
11, 304
1,063
1,271
3,487

27, 861
13, 428
1,927
1,547
3,845

27, 713
13, 351
2,321
1,513
3,997

30, 237
14, 953
2,603
1,666
4,292

28, 755
14, 469
2,473
1,510
4,039

3, 169
1,101

3,313
1,190

3,181
1,185

3,119
1,167

2, 875
1,261

2,481
1,210

1,065

1,102

2,838
1,014
661
970

1,171

728

1,101

3,049
1,198
860
1,285

3,647
1,029
720
1,051

3,869
889
593
941

13, 761
4,322

13, 492
4,299

12, 818
4,077

14, 433
4, 353

14, 362
4,536

15, 284
4,683

14, 286
4,376

' 13, 644
4,256

1,212
872
2,079
2,470
425
2,439

1,345

1,184

1,068

2,193
2,591

1,995
2,655

1,907
2 801

1,042

1,108

3,257
1,138
698
1,048

13, 235
3,977

14, 215
4,229

13, 426
4,040

602

304

313

320

738

735

337

802

376

1,056
902
2,052
2,424
458
2,174

1,046

1,056

889

423
2,237

1,168
938
2,059
2,618
460
2,430

2,107
2,501

1,991
2,501

459
2,047

1,847
2,424

1,946

1,960

1,176
907
2,074
2,572
449
2,526

do
do
do
do
do
motor
of dol
- do
do
_ do

27, 224
13, 593
2,457
1,413
3,647

27, 095
13,294
2,444
1,385
3.630

27,231
13, 519
2,442
1,434
3,740

27, 814
13, 754
2,472
1,486
3,935

27, 651
13, 850
2,533
1,484
3,923

26, 158
12, 627
1,224
1,382
4,032

27, 632
13, 665
1,982
1,446
4,022

27, 624
13, 692
2,392
1,427
3,945

28, 329
14, 199
2,529
1,461
4,115

28, 716
14, 321
2, 475
1, 541
4,162

3,137
1,147

3,021
1,102

3,001
1,105

2,971
1,155

1,092

1,091

1,115

3,035
1,186
668
1,039

3,181
1,079

1,036

3,058
1,152
689
1,090

3,165
1,212

1,108

2,972
1,129
716
1,044

1,117

3,387
1,039
706
1,011

do__
do _
do
do.-_
do
do _ _
do do
do- _

13, 631
4,180

13, 801
4,284

13, 712
4,245

14, 060
4,312

13, 801
4,295

13, 531
4,161

13, 967
4,251

13, 932
4,378

14, 130
4,311

14, 395
4,342

Nondurable-goods industries, total
mil. of dol__
Food and beverage
_ - do_ _
Tobacco
do
Textile
-do
Paper
do
Chemical
do_ _
Petroleum and coal
do
Rubber
do
Other nondurable-goods industries
__do
By stages of fabrication:
Purchased materials
bil. of dol_
Goods in process
do
Finished goods
- - _- - -_ - --do

1,090

877

1,887
2,440

684

338

1,124

Nondurable-goods industries, total
mil. of dol~
Food and beverage
- do. _ _
Tobacco
do
Textile
do
Paper
.
-_ ._
do
Chemical
do
Petroleum and coal
_ __do
Rubber
do
Other nondurable-goods industries
- do
By stages of fabrication:
Purchased materials. _
bil. of dol- Goods in process
do- -Finished goods
do
'Revised.

676

323

1,123

893

705

348

1,123

884

367

912

346

1,125

473

693

324

1,089

441

338

1,082

723

345

1,109

329

323

366

983

490
2,653

717

342

353

1,140

2,031
2,520

2,081
2,565

429
2,266

2,301

910
2,095
2,682
463
2,369

2,198

2,152

2,174

2,210

47, 674
27, 592
3,524
2,935
9,222

48, 170
27, 955
3,536
2,962
9,458

48, 834
28,446
3,658
3,037
9,655

49, 284
28,521
3,638
3,052
9,771

49, 180
28,220
3,704
2,943
9,652

49, 130
28, 006
3,835
2,864
9,580

49, 662
28, 423
3,975
2,871
9,677

50, 418
29, 098
4,133
2,886
9,802

50, 981
29, 497
4,249
2,917
9,961

6,860
1,783
1,015
2,164

6,875
1,792
1,040
2,204

6,877
1,830
1,053
2,239

6,889
1,868
1,057
2,282

6,795
1,870
1,072
2,323

6,690
1,877
1,067
2,287

6,600
1,841
1,028
2,258

6,898
1,786
988
2,228

7,331
1,784

7,415
1,775
1,005
2,175

7.3

7.4

7.4

7.6

7.9

8.0

7.8

11.5

11.7

7.9

1,970
2,499

2,185
47, 227
27, 149
3,564
2,803
8,960

445

11.2

8.7

11.4

8.8

9.0

9.2

11.6

9.0

1,979
2,448

459

11.5

8.7

11.5

8.6

936

454

978

2,184

8.1

r

8.8

21, 239
4,821
1,801
2,573
1,215
3, 571
3,164

21, 320
4,892
1,830
2,559
1,207
3,636
3,196

3,137

961
3,039

21, 484
4,957
1,865
2,579
1,220
3,686
3, 151

'970
'614
'923

r 14, 455
r
4, 429
'338
r
1,122
'930
r
2, 155
'2, 969
r

2,183

14, 184
4,355

1,148

874
2,086
2,593
461
2,304
51, 572
29,819
4 354
2,941
10, 002
7, 455
1,800
1,047
2,220

8.4
¥> 3

8.9

13,862
4,318
306
1,089
837
1,973
2,706

29,179
14, 722
2,385
1, 554
4,230

363

r

931
602
835

28 691 '29,183
14 507 ' r14, 642
2, 444
2,348
' 1,560
1,457
'4,205
4,125
r

1,034
r

483

3,701

2, 029

999
682

8.3

12.2

8.6

r 3 814

3 862

12.3

11.9

r
27 858
2B 924
' 14, 469 13,996
2 325
'2, 540
'r 1,544
1,476
4, 064
4,126

443
2,002

1,184

1,122

863

822

350

445

1,939
2,567
451
2,221

1,940
2,515

854

345

426
2,387

898
2,094
2,572
436
2,262

889
2,028
2,552
450

27 832
14, 188
2,353
1,311
4,232

910

931
2,097
2,633
464

904

9.1

r

3, 782
' 1, 010
'690
'951

3,885
1,023
717
928

14, 541
4, 569
'356

14, 457
4,578

1,100

1,184

r
r

356

' 912
r
2, 095
'2,883

863
2,028
2,790

' 2, 152

2, 184

474

r
51, 971
52, 236
' 30, 037
30, 274
'4,325
4 320
' 2, 989 3,019
' 10, 092
10, 237

' 7, 526
-•1,804
' 1, 078
'2,223

8.2

' 12. 5
'9.4

7,518
1,804
1,116
2,260

8.2

12.5

9.6

20,215
4,303
1,884
2,542
1,145
3,434
2,789
1,019
3,099

20, 388
4,238
1,829
2,602
1,144
3,477
2,856
1,024
3,218

20,763
4,337
1,785
2,618
1,181
3,545
2,924
1,004
3,369

20,960
4,492
1,749
2,612
1,213
3,557
3,041
957
3,339

21, 124
4,694
1,763
2,606
1,217
3,546
3,096

3,015

20,082
4,323
1,926
2,506
1,139
3,406
2,729
1,018
3,035

8.4
3.0
8.7

8.4
3.0
8.7

8.3
3.0
8.9

8.2
3.1
9.1

8.2
3.1
9.4

8.3
3.1
9.5

8.3
3.1
9.7

8.4
3.1
9.8

8.5
3.1
9.7

8.7
3.1
9.8

47, 433
27, 432
3,677
2,877
9,094

47^958
27, 723
3,688
2,933
9,292

48, 566
28, 123
3,770
2,920
9, 523

49, 080
28, 174
3,718
2,907
9,563

49, 238
28,179
3,698
2,885
9,654

49, 535
28, 178
3,809
2,893
9,684

50, 106
28, 708
3,892
2,960
9,814

50, 830
29, 408
4,037
3,006
9,979

51. 357
29, 925
4,128
3,039
10, 159

6,800
1,792
1,010
2,182

6,781
1,812
1,022
2,195

6,830
1,850
1,036
2,194

6,755
1,870
1,061
2,300

6,730
1,858
1,067
2,287

6,639
1,823
1,049
2,281

6,946
1,804
1,019
2,273

7,308
1,820
1,029
2, 229

7,511
1,811
1,058
2,219

7,427
1,782
1 047
2,289

' 7, 430
' 1,804
' 1 057
'2,245

7,479
1 804
1 073
2,216

8.1

8 2
12.5
9 3

'8.1
'12.4
'9.4

12.4

20, 078
4,434
1,924
2,477
1,115
3,377
2,737

999

Inventories, end of month:
Book value (seas, adj.), total
mil. of dol__ 46, 897
27, 009
Durable-goods industries, total _
do
3,570
Primary metal
do
2,803
Fabricated metal
do
8,939
Machinery (including electrical)
do - _ Transportation equipment (including motor
6,816
vehicles).mil. of dol1,783
Lumber and furniture
do
976
Stone clay, and glass
do
2,122
Other durable-goods industries
do
By stages of fabrication:
7.3
Purchased materials
bil. of dol- .
11.1
Goods in process.
do
8.6
Finished goods
- --do




696

355
920
794

Inventories, end of month:
Book value (unadjusted), total _
__do_Durable-goods industries, total
- do
Primary metal
do
Fabricated metal
do _
Machinery (including electrical)
do
Transportation equipment (including motor
vehicles)
mil. of dol__
Lumber and furniture
do
Stone, clay, and glass
do
Other durable-goods industries _
-do
By stages of fabrication:
Purchased materials
bil. of dol
Goods in process
do
Finished goods
- - do

T

26, 536
13, 301
2,393

7.5

7.7

11.2

7.8

11.4

11.6

8.7

8.7

8.0

11.5

7.8

7.9

8.0

11.9

12.2

3,185

21, 357
4,698
1,876
2,632
1,255
3,618
3,065
1,007
3,206

21, 398
4,713
1,838
2,599
1,227
3,714
3,133
1,007
3,167

21, 422
4,696
1 812
2,611
1,232
3,740
3,133
1,022
3,176

21, 432
4,715
1 847
2 632
1,232
3 703
3,089
1 024
3 190

8.5
3.1
9.5

8.6
3.1
9.6

8.5
3.1
9.8

8.5
3.1
9.8

8.5

8.6

21, 059
4,634
1,861
2,586
1,225
3,540
3,041

970
3,033

20,235
4,448
1,865
2,492
1,134
3,407
2,817
970
3,102

20, 443
4,467
1,866
2,526
1,144
3,479
2,828

3,148

20,906
4,587
1,879
2,618
1,181
3, 512
2,953
975
3,201

8.2
3.0
8.7

8.2
2.9
8.9

8.2
3.0
9.0

8.3
3.0
9.1

8.4
3.1
9.3

985

957

11.6

7.9

11.6

8.7

20,001
4,391
1,870
2,457
1, 117
3,361
2,785
979
3,041

19, 888
4,361
1,832
2,477
1,083
3,339
2,793

947
3,255

' 21, 753 ' 21, 934 21,962
4,739
4,899 '4,885
2,110
1 927 ' 2,097
2,625 ' 2, 645 2,672
1,305
1, 258 7' 1,258
3,863
3, 792
3,783
' 3, 022 3,028
3,154
973
1.015
1,008
3,220
3,053
3,099 '3,220

8.6

987

8.7

8.9

9.2

8 9
31

9.8

r

12.5

9.3

31
Q! 8

r

'8.9

3.1
9.9

8.9
3.2
9.9

51, 373 ' 51, 498 51, 847
29,935 ' 29, 884 30,129
4,226 ' 4, 259 4,327
3,019
3,064 ' 3, 019
10, 211
10, 100 ' 10, 070

21, 438 ' 21, 614
4 676 ' 4 712
1 853 ' 1 942
'2 672
2 679
' 1 258
1,246
3 689 '3 721
3,123 '3 113

998

3,174

8.6
3 1
9.7

995

'3 201

8.2
9.5

21, 718
4 675
1 972
2 672
1 267
3 808
3 090
3 239

8.7

8.7

9.9

io!o

31

31

March

SUEVEY OF CURRENT BUSINESS

April 1957
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

S-5

1956
February

March

April

May

June

July

1957
August

Septem- October Novem- December
ber
ber

January

February

March

GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS— Continued
New orders, net (unadjusted), total
mil. of dol._
Durable-goods industries, total
_
. . do _.
Primary metal
do
Fabricated metal.
do_ .
Machinery (including electrical)
_ do _
Transportation equipment (including motor vehicles)
mil. of dol
Other durable-goods industries.do _

27, 076
13, 931
2,682
1,444
3,908

28, 593
14, 557
2,613
1,538
4,162

27, 556
14, 257
2,146
1,609
4,335

27, 945
14, 223
2 488
1,492
4,187

28, 796
15, 236
2 180
1,401
4,613

25, 936
13, 143
2 014
1,366
4,007

29, 240
14 973
2 322
1,481
4 045

28, 134
13 818
2 039
1,639
4 080

29, 683
14 247
2 401
1 583
4 393

3,011
2.886

3,173
3,071

3,188
2,979

3,052
3,004

3,842
3,200

3,001
2,755

4 050
3,075

3 156
2,904

2 774
3 096

13, 145
3,011
10, 134

14, 036
3, 134
10, 902

13, 299
2 970
10, 329

13, 722
3 035
10, 687

13, 560
3 106
10, 454

12, 793
2 734
10, 059

14 267
3 069
11 198

14 316
3 291
11 025

27, 627
14, 107
2,737
1,520
3,953

26. 912
13, 337
2 333
1,373
3,877

27, 752
14, 073
2 146
1,577
4,122

28, 803
14, 732
2 392
1,538
4 460

27, 883
14, 185
2 319
1,334
4 311

26, 998
13, 513
2 166
1,366
4 140

29, 099
15 166
2 322
1 346
4 195

3,011
2,886

2,884
2,870

3,188
3,040

3,213
3,129

3,202
3,019

3,001
2,840

do __
do_ _
- do._

13, 520
3,041
10, 479

13, 575
2,929
10, 646

13, 679
3,094
10, 585

14, 071
3,229
10, 842

13, 698
3.045
10, 653

Unfilled orders, end of month (unadj.), total
do
Durable-goods industries, total
__do _
Primary metal
- - do__
Fabricated metal
do
Machinery (including electrical)
- do__
Transportation equipment (including motor vehicles)
mil. of dol
Other industries, including ordnance do

57, 136
53, 944
7,381
4,176
16, 823

57, 224
54, 211
7,387
4,287
17, 036

57, 410
54, 524
7,040
4 462
17, 495

57, 525
54, 678
7,026
4 513
17, 725

21 088
4,476

20 948
4, 553

20 879
4,648

do. _

3,192

3,013

number

12, 503

Nondurable-goods industries, total
Industries with unfilled orders 9
Industries without unfilled orders^

- ._ _ _ do_ ..
do
do _.

-

New orders, net (seas, adjusted), total
_- do _ .
Durable-goods industries, total-_ - - do
Primary metal
do
Fabricated metal
_ _ _ __ _ do __
Machinery (including electrical)
do
Transportation equipment (including motor vehicles)
mil. of dol
Other durable-goods industries
do ..
Nondurable-goods industries, total _ _
Industries with unfilled orders 9
Industries without unfilled orders!

Nondurable-goods industries, total 9

29, 091 r 28, 248
14 534
14 741
2 447
2 615
1*413
1 386
4 184
4 072

652
362
293
515
177

27, 470
13 640
2 375
1 559
3 965

4 336
2 154

r 3 669
r 2 708

3 338
2 403

15 436
3 758
11 678

14 350 r 13 714
3 Oil
3 305
ll' 045 r 10 703

r 14 290
r 11 281

13 830
3 007
10 823

28 072
14 266
2 192
1 576
4 200

28 906
14 591
2 475
1 583
4 445

29 438 ' 28 844 r 28 935
14 544 r 14 393
15 130
2 423 r 2 316
2 672
1 570 r i 595
1 540
4
054 r 4 209
4* 436

28 175
13 831
2 306
1 591
4 017

4 402
2,901

3 394
2 904

3 082
3 006

r 3 669
r 2 604

3 514
2 403

13, 485
3,072
10, 413

13, 933
3, 100
10, 833

13, 806
3 047
10, 759

14 315
3 416
10 899

14 308 »• 14 300 r 14 542
3 238 r 3 134
3 148
11 160 r 11, 062 r 11 408

14 344
3 037
11 307

58, 594
55, 679
6,635
4 430
18 281

60, 408
57, 518
7,586
4 525
18, 801

61, 787
59,063
7 981
4 459
19, 001

62, 227
59, 549
7 699
4 585
19 084

61, 654
58 824
7 497
4 502
19 185

61, 990
59 096
7 639
4 378
19 218

62, 406
59 442
7 733
4 480
19* 170

r
62, 134
r 59 335
r 7 4g6
r 4 4*1

r 19 283

61, 746
58 979
7 536
4 534
19 122

20 750
4 664

21 473
4 860

21 636
4,970

22 811
4 811

23 486
4 695

23 211
4 429

23 579
4 282

24 046
4 013

r 23 901
r 4 214

23 538
4 249

2,886

2,847

2,915

2,890

2,724

2 678

2 830

2 894

2 964

r 2 799

2 767

12, 822

12 475

13 142

11 952

11 513

11 339

9 583

11 546

9 749

10 788

14 632

12 075

4 015
2 653

3 718
2 764

4 130
2 367

•• 28,
r 14
r2
ri
r4

r 3 009

BUSINESS INCORPORATIONS <?
New incorporations (48 States)

INDUSTRIAL AND COMMERCIAL FAILURES <?
1,024

1,170

985

1,164

1,105

1,018

1,101

932

1 158

999

982

1 148

1 146

- do
do
_ _ _ -do
do _ do

62
141
202
511
108

102
150
224
572
122

91
153
186
463
92

94
132
245
575
118

93
163
183
551
115

87
141
165
540
85

95
146
195
567
98

72
146
140
489
85

82
182
198
584
112

86
171
166
482
94

83
183
172
472
72

71
177
197
612
91

93
180
199
568
106

thous. of doL.

49, 189

42, 622

41, 871

59, 901

43, 013

48, 689

55, 040

39, 313

50, 004

39, 886

50, 279

54, 060

65, 406

1,920
9,881
17, 647
14,693
5,048

2,015
7,089
15, 649
12, 430
5,439

2,900
6,967
17, 142
10, 772
4,090

3,619
8,877
28, 450
13, 242
5 713

3,588
8,598
10, 684
12, 812
7,331

7,442
7,488
9,005
11, 945
12 809

4,127
7,507
17, 828
14, 772
10, 806

2,058
7 840
9, 539
15, 656
4 220

3 629
11 145
17, 345
12 368
5 517

1 854
11 099
11 714
11 476
3 743

3 780
8 149
21 785
10 946
5 619

4
10
16
17
5

2
8
33
14
6

Failures total

number-

Commercial service
Construction
Manufacturing and mining
Retail trade
Wholesale trade
Liabilities (current), total
Commercial service
Construction
M anuf acturing and mining
Retail trade
^iVholesale trade

- --

do _..
do
do
do_ _ .
do

086
672
105
862
335

493
440
402
780
291

COMMODITY PRICES
PRICES RECEIVED AND PAID BY FARMERS
Prices received, all farm products^

1910-14=100__

Crops
Commercial vegetables, fresh market
Cotton
Feed grains and hay
Food grains
Fruit
Oil-bearing crops
Potatoes§ . ..
Tobacco
Livestock and products
Dairy products
Meat animals
Poultry and eggs
_
Wool

- - -

227

228

235

242

247

244

237

236

234

234

237

238

234

do
do
do
do
do

233

236

245

252

263

258

236

234

232

239

240

239

233

do
do
do
do. _.

do
do
do
_ _ __do_ _
do

Prices paid:
All commodities and services
do
Family living items
_
_ . __ _do_
Production items
do
All commodities and services, interest, taxes, and
wa^e rates _
1910-14=100__
Parity ratio©...
r

do

264
262
]73
220

237
236

272
270
392
226

310
273
192
218

286
274
194
216

230
263
197
218

178
275
196
222

203
270
178
225

264
270
182
232

277
262
185
234

249
256
187
236

225
255
181
235

236
252
181
235

218
253
234
453

233
265
283
454

266
259
338
453

225
250
387
453

210
249
203
451

233
234
161
455

232
249
141
453

218
262
154
443

216
264
158
461

227
266
162
457

221
260
153
458

237
265
148
459

221
250
221
187
224

227
246
237
180
226

233
247
251
178
231

232
247
252
171
231

232
253
246
174
233

238
256
259
171
232

238
264
254
172
231

236
272
245
167
238

230
277
231
164
249

234
275
239
165
256

237
269
254
155
262

234
266
249
157
267

238
260
263
150
274

261
274

261
274

264
278

264
280

266
282

267
281

266
279

265
279

267
281

268
283

269
283

271
284

256

259

258
267
174
223

260
275
185
229

212
239
175
452

211
245
196
453

220
257
215
188
226
259
272

245

246

280

'281

284

81

81

83

248

250

250

248

248

286

286

287

288

85

86

85

82

255

272
284

250

252

287

287

289

290

292

294

295

82

82

81

82

82

80

80

252

252

Revised.
9 Includes textiles, leather, paper, and printing and publishing industries; unfilled orders for other nondurable-goods industries
£s iare zero,
IFor these industries (food, beverages, tobacco, apparel, petroleum, chemicals, and rubber), sales are considered equal to new on
orders.
cFData are from Dun and Bradstreet, Inc.
JData beginning January 1953 have been revised to incorporate the latest revisions in the price series for individual commodities; unpublished revisions (prior to April 1955) will be shown
later.
,r.
§ Includes sweetpotatoes and dry edible beans.
©Ratio of prices received to prices paid (including interest, taxes, and wage rates).




S-6
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

SURVEY OF CUKRENT BUSINESS

April 1957

1956

February

March

April

May

June

July

1957

Novem- DecemAugust September October
ber
ber

January

February

March

COMMODITY PRICES—Continued
RETAIL PRICES
All commodities (U. S. Department of Commerce
index)
1935-39 =100
Consumer price index (U. S. Department of Labor) :
All items _
. . 1947-49 =100. Apparel
do
Food9
. __
do
Dairy products
do
Fruits and vegetables .
do
Meats, poultry, and
fish
do
Housing 9
._
do _
Gas and electricity
do
Housefurnishings
-- do
Rent
do
Medical care
._
do,-_
Personal care
.do
Reading and recreation
do
Transportation
do
Private
do
Public
do _
Other goods and services
- -do

207.7

208.2

208.8

209.8

211.9

213.6

212.5

213.1

213.4

213.8

213.9

214 1

215 1

114.6
104.6

114.7
104.8
109.0
106.9
114.8
92.8
120.7
111.7
103.1
131.6
131.4
119.2
107.7
126.7
116.8
170.8
121.2

114.9
104.8
109.6
106.4
116.7
94.0
120.8
111.8
102.7
131.7
131. 6
119.5
108.2
126.4
116.5
170.8
121.4

115.4
104.8
111.0
107.5
121.5
95.5
120.9
111.8
102.6
132.2
131.9
119.6
108.2
127.1
117.1
172.5
121.5

116.2
104.8
113.2
107.7
131.4
98.0
121.4
111.7
102.8
132.5
132.0
119.9
107.6
126.8
116.7
172.6
121.8

117.0
105.3
114.8
108.7
135.2
99.3
121.8
111.7
102.8
133.2
132.7
120.1
107.7
127.7
117.6
172.7
122.2

116.8
105.5
113.1
109.2
120.7
99.9
122.2
112.1
102.6
133.2
133.3
120.3
107.9
128.5
118.6
172.9
122.1

117.1
106.5
113.1
109.8
114.8
101.3
122.5
112.2
103.3
133.4
134.0
120.5
108.4
128.6
118.7
173.0
122.7

117.7
106.8
113.1
110.7
113.9
100.8
122.8
112.0
103.6
133.4
134.1
120.8
108.5
132. 6
122.9
173.0
123.0

117.8
107.0
112.9
111.1
115.8
98.8
123.0
111.8
103.8
133.8
134.5
121.4
109.0
133.2
123.5
173.4
123.2

118.0
107.0
112.9
111.3
117.4
98.0
123.5
112.0
104.1
134.2
134.7
121.8
109.3
133.1
123.3
174.1
123.3

118.2
106.4
112.8
111.2
116.9
99.0
123.8
112.3
104.0
134.2
135.3
122.1
109.9
133.6
123.8
174.9
123.8

i 118. 7
106.1
113.6
111.1
116.5
101.4
124.5
112.4
105.0
134.2
135.5
122.6
110.0
134.4
124.5
175.8
124.0

108.8
107.3
113.3
93.6
120.7
111.7
102.5
131.5
130.9
118.9
107.5
126.9
117.0
170.5
120.9

WHOLESALE PRICES &
(U. S. Department of Labor indexes)
116.3
115.6
116.9
115.5
114.2
114.4
115.9
114.7
114.0
112.8
116.9
113.6
117.0
112.4
All commodities
1947-49=100..
Economic sector: *
96.6
96.4
96.8
95.0
95.0
94.9
96.6
95.4
93.4
96.7
95.7
97.4
'96.7
93.3
Crude materials for further processing
do Intermediate materials, supplies, and components
124.2
123.6
122.6
124. 9
121.3
122.2
123.8
121.7
121.0
123.0
121.7
124.8 ' 125. 1
120.3
1947-49=100.116.2
114.1
116. 8
116.2
115.6
114.0
114.0
113.6
112.3
115.3
112.7
116.7 •• 117. 0
112.0
Finished goods © .
_ . _
_ d o _
88.9
88.4
89.1
88.*
87.9
90.1
90.0
91.2
90.9
88.0
86.6
88.8
89.3
86.0
Farm products 9
do
102.6
97.6
94. li
104.3
94.8
111.8
95.3
120.2
111.8
106.5
96.1
100.7
101.8
98.2
Fruits and vegetables, fresh and dried
do-._
88.8
84.0
88.8
88.4
87.5.
87.9
86.9
90.5
89.5
90.7
89.5
84.5
87.0
82.9
Grains
do
71.7
73.0
68.6
72.9
76: 6>
76.0
74.4
73.9
74.8
67.5
75. Q}
75.7
70.8
67.7
Livestock and live poultry
do
103.6
103.1
102.6
l©3vT
103.6
102.2
102.3
102.4
99.2
104.3 r 103. 9?
100.4
104.0
99.0
Foods processed 9
do
115.4
115.3
114.5
114.8
116;.7
115.8
114.6
115.3
115.5
115.8
115.4
11&.9'
115.6
115.4
Cereal and bakery products _
do
112.6
110.9
108.9
113.6
107.9
111.3
112.5
108.0
107.9
1121 5.
109.7
105.9
106.1
106.1
Dairy products and ice cream
do
106.4
105. &
105.6
106.4
107.3
109.3
106.8
109.7
109.3
105.6
109.0
108.6
108.9
m»
Fruits and vegetables, canned and frozen — do
81.5
85.1
84.6.
85.7
82.7
83.1
82.1
84.8
89.3
83.7
79.3
74.6
76.1
83Lft
Meats, poultry, and
fish
do
Commodities other than farm products and foods
124.7
123.6
124.2
m.5. I 125.4
123.1
122.5
121.4
125.2
121.5
121.7
121.0
121.6
120.6
1947-49=100..
108.3
108.2
107.7
107.3
108v8i \ 108.8
107.1
107.3
106.9
108.7
107.1
106.9
106.5
106.4
C hemicals and allied products 9do
122.5
122. 9
122.6
122.5
122.1
122.1
12&.2
123.5
121.9
121.1
120.8
120.9
120.0
119.9
Chemicals, industrial
do
92.5
91.9
93, 2
91.9
92.2
92.1
92.1
92.3
92.2
*9&1
92.6
91.9
91.9
92.0
T)rugs and Pharmaceuticals §
do
59.4
58,0
55.8
55.4
55.1
60.3
58.7
57.8
53.8
53.7
58.1
55.0
s&a
54.4
Fats and oils, inedible
do
106.8
105.7
104.1
106.0
105. 9
105.7
!€&.$
104.5
109.1
105.7
108.7
112.4
112.8
113.0
Fertilizer materials
- - do _
124.1
124.1
122.4
119.1
119.1
119.1
124.1
123.6
12&1
119.1
119.1
119.1
119.1
119.1
Prepared paint
--do
114.0
111.7
110.9
ms 119-.6 119.4
111.2
111.1
110.5
110.8
110.7
110.6
110.9
111.2
Fuel power, and lighting materials 9
do
123.5
124.1 ; 124.&
121.0
113.8
112.3
123.6
122.0
114.4
112.9
111.9
111.7
110.1
109.9
Coal
do
94.3
94.9
94.9
WL&
93.2
94.3
94.3
94.9
'94.3
93.8
93.8
93.2
94.3
94.3
Electricity
-do
119.9
119.
9
111.1
111.1
109.4
110.3
111.3
115.4
122.3
'
122.3
109.7
117.5
122.7
122.0
Gas
do
120.9
118.3
m.9 131.0
117.5
118.3
118.3
130.7
118.4
118.8
118.3
117.5
116.8
117.5
Petroleum and products
do
121.2
119.1
121.0
121.9 '121.9
118.0
121.8
121.1
118.3
118.1
118.0
119.7
118.1
118.2
Furniture other household durables 9
do
105.9
106.5
105.0
104.4
106.5
105.1
105.0
105.2
106,7
106.8
106.5
105.5
105.3
105.7
Appliances household
do
121.2
122.0
121.2
120.8
119.5
118.0
122.0
120.4
119.2
122.0
118.1
117.5
117.8
117.3
Furniture, household
do
91.0
91.1
91.1
91.1
91.0
89.6
91.1
91.1
91.0
90.7
89.7
89.7
89.7
89.7
Radio receivers and phonographs
do
69.7
69.9
69.6
69.5
69.9
69.9
69.1
69.3
69.9
70.1
69.3
69.5
69.9
69.9
Television receivers
do
99.2
99.7
100.0
100.1
100.2
98.4
99.8
100.2
100.0
98.3
98.0
100.6
97.7
97.1
Hides skins and leather products 9
do
120.8
120.7
120.5
120.9
120.8
120.8
120.8
120.5
120.5
120.5
120.0
116.5
119.9
115.8
Footwear
- _
do
53.8
57.8
52.1
60.4
60.4
61.2
51.0
50.1
59.0
63.3
59.0
58.3
61.9
68.2
Hides and skins
do
90.9
90.9
88.6
87.8
88.2
90.8
91.6
91.7
90.6
90.8
92.9
94.6
90.9
89.9
Leather
do
121.0
120.1
122.0
125.2
120.7
121.3
121.5
123.6
127.3
126.6
128.0
128.0
128.5
126.7
Lumber and wood products
tvdo
121.1
122.5
123.6
125.2
123.1
122.6 *• 121. 9
127.1
128.5
129.6
130.4
130.6
129.9
128.2
Lumber
-- do
144. 6
143.6
141.1
143.9
137.7
'
144.
5
143.4
136.9
136.5
139.7
136.8
134.7
135.7
133.9
Machinery and motive products 9
do.-.
131.2
129.5
126.9
131.8 ' 132. 1
126.6
126.5
132.2
127.4
126.8
130.8
126.1
126.1
126.8
Agricultural machinery and equip
do
155.9
149.4
156.2
156.2
155.5
154.7
151.5
156.6
146.6
147.8
146.8
143.5
144.8
143.5
Construction machinery and equip
do
145.4
143.2
146.0
137.4
137.6
147.3
147.1
145.2
138.0
137.0
142.0
133.6
135.6
133.2
Electrical machinery and equipment
do...
134. 6
134.3
134.3
129.1
'
134.
6
134.2
130.8
129.1
129.4
129.1
129.1
129.0
129.1
127.5
Motor vehicles
do
152.3
152.2
152.1
152.2
150.2
144.9
151.0
'
151.
4
151.9
145.8
146.8
147.7
146.5
145.1
2Vtetals and metal products 9
- - do
122.1
122.5
119.1
117.9
117.4
122.3 - 122. 8
117.3
122.0
121.9
121.0
117.3
117.1
117.1
Heating equipment
do
163.3
161.1
159.4
149.9
163.8
164.3
161.5
149.5
'
163.
9
162.5
150.8
151.0
149.4
149.1
Iron and steel
-- --- ••-do
149.6
152.5
154.1
155.4
158.0
148.7 ' 145. 4 143.4
149.7
160.0
163.2
154.8
162.0
157.1
Nonferrous metals
do —
131.3
133.2
131.5
130.8
130.6
132.0 ' 132. 7
131.2
128.9
131.1
128.6
128.6
127.9
127.1
Nonmetallic minerals, structural 9
do -150.5
150.1
150.8
150.7
150.6
150. 3
150.1
149.3
146.5
150.1
146.1
146.0
145.9
145.6
Clay products
- do
125.3
125.6
123.4
125.7
125.3
125.0
123.0
121.9
125.6
121.7
124.8
121.7
121.1
121.1
Concrete products
do
127.1
127.1
127.1
127.1
127.1
127.1
127.1
127.1
127.1
127.1
127.1
127.1
127.1
127.1
Gypsum products
do
128.0
128.7
128.5
127.9
128.6
127.8
128.1
127.7
127.4
127.9
127.3
127.4
126.8
125.4
Pulp, paper, and allied products...
do...
140.1
139.2
139.2
139.2
139.2
138.2
138.2
137.0
139.1
138.9
136.2
136.2
136.2
135.0
Paper do —
144.3
147.9
145.0
143.3
' 143. 9
145.8
146.9
146.9
145.7
142.8
143.5
146.2
145.0
147.1
Rubber and products
_do.-.
153.4
153.4
149.0
148.8 ' 149. 0
153.4
153.4
149.3
153.4
151.8
151.8
151.8
151.8
151.8
Tires and tubes
- - do
95.4
95.8
95.6
95.4
95.7
95.3
94.8
94.9
94.9
94.9
94.8
95.1
95.9
96.0
Textile products and apparel 9
_do.-.
99.6
99.7
99.7
99.6
99.7
99.7
99.7
99.8
99.7
99.4
99.7
99.5
99.7
99.5
Apparel
._-do.-.
91.2
91.9
92.3
92.7
91.9
92.8
92.7
92.3
92.7
91.5
93.1
93.7
94.1
94.3
Cotton products
do.-123.2
122.8
123.0
122.8
121.0
122.7
123.6
122.0
124.7
120.1
125.0
121.0
119.5
119.5
Silk products..
do__82.1
81.7
80.5
80.4
82.0
80.3
80.9
80.3
80.2
80.4
80.3
84.5
80.6
84.8
Man-madefibertextile products - ... do
109.5
109.1
109.0
107.7
103.4
106.1
104.8
103.1
103.9
102.9
102.9
102.5
102.:
102.7
Wool products
do
124.1
124.1
124.0
123.6
123.5
123.1
122.5
121.7
121.6
122.8
121.6
121.7
121.7
121.7
Tobacco mfs and bottled beverages 9
do
119.0
117.2
119.0
119.0
118.1
118.1
116.9
116.2
114.6
114.6
114.6
114.7
114.7
114.7
Beverages, alcoholic...
do...
124.0
124.0
124.0
124.0
124.0
124.0
124.0
124.0
124.0
124.0
124.0
124.0
124.0
124.0
Cigarettes
—
do
89.2
92.4
93.2
91.7
91.2
91.1
89.9
92.0
91.3
92.9
92.1
96.1
88.2
88.7
Miscellaneous
do —
116.9
117.5
117.5
116.3
117.5
116.7
116.8
115.7
116.6
115.8
115.8
115.7
115.8
115.8
Toys, sporting goods
do--Revised.
* Index based on 1935-39=100 is 198.5.
*New series. Data prior to February 1955 will be shown
9 Includes data not shown separately.
d"For actual wholesale prices of individual commodities, see respective commodities^
§ Effective with the January 1955 index, cosmetics and related products were transferred from drugs, etc., to the "other chemicals"
later'.
©Goods to users, including raw foods and fuels,
subgroup.




SURVEY OF CURRENT BUSINESS

April 1957
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

S-7

1956

February

March

April

May

June

July

1957

DecemAugust SeptemOctober November
ber
ber

January

February

March

COMMODITY PRICES—Continued
PURCHASING POWER OF THE DOLLAR
As measured byWholesale prices.
Consumer prices
Retail food prices

_

1947-49=100._
do _ _
do

89.0
87.3
91.9

88.7
87.2
91.7

88.0
87.0
91.2

87.4
86.7
90.1

87.6
86.1
88.3

87.7
85.5
87.1

87.2
85.6
88.4

86.6
85.4
88 4

88.5
85.0
88 4

86.3
84.9
88 6

86.0
84 7
88 6

85.5
84.6
88.7

1
1

85.5
S4. 2
88 0

*85. 5

CONSTRUCTION AND REAL ESTATE
CONSTRUCTION ACTIVITY 9
New construction (unadjusted), total
mil. of dol._
Private, total -.do
Residential (nonfarm)
do
New dwelling units
do
Additions and alterations
do
Nonresidential building, except farm and public
utility, total
mil. of do]
Industrial
_-_
. . do
Commercial
do
Farm construction
do
Public utility
do
Public, total
do
Nonresidential building . _
do
Military facilities
do
Highway..
__
. do
Other types
do
New construction (seasonally adjusted), total
do
Private, total
_
_ do
Residential (nonfarm) .
_
do
Nonresidential building, except farm and public
utility
mil ofdol
Farm construction
do
Public utility
_._
do
Public, total
do
Nonresidential building
do
Highway.
. _ do

2,821
2,088
998
895
73

3,071
2,260
1,116
1,000
86

3,421
2,424
1,232
1,090
109

3,780
2,600
1,319
1,150
132

4,105
2,786

1,417
1,235
142

4,242
2,862
1,442
1,260
139

4,304
2,882
1,440
1,260
139

4,264
2,843
1,415
1,240
135

4,133
2,766
1,365
1,195
129

3,800
2,666
1,313
1,145
126

3,370
2,472
1,202
1,060
102

' 3, 075 ' 2, 910
' 2, 212 ' 2, 110
1,017
'926
'810
900
79
'80

3,172
2,259
1,013
890
89

648
225
252
101
334
733
284
82
200
167
3,636

655
226
257
109
373
811
301
89
225
196
3,570

665
239
252
121
398
997
314
104
355
224
3,683

705
252
266
139
427
1,180
335
115
485
245
3,744

760
263
290
150
448
1,319
359
134
565
261
3,754

787
270
300
159
462
1,380
379
135
590
276
3,727

788
276
293
161
481
1,422
392
142
605
283
3,725

788
276
288
148
480
1,421
382
144
615
280
3,701

793
274
287
122
474
1,367
373
140
575
279
3,665

794
271
288
103
445
1,134
338
118
420
258
3,699

768
270
272
90
402
898
311
108
250
229
3,729

'721
-269
'246
91
'372
863
331
93
220
119
' 3, 769 '

'705
'270
'240
96
'371
800
304
86
205
205
3, 740

709
269
249
105
419
913
345
95
240
233
3,695

2,522
1,280

2,528
1,268

2,582
1,297

2,608
1,306

2,605
1,300

2,618
1,299

2,617
1,297

2,596
1,286

2,551
1,241

2, 551
1,239

2,542
1,239

' 2, 529 ' 2, 529
1,211 ' 1, 187

2,522
1.151

687
129
418
1,114
338
447

705
128
419
1,042
320
395

731
127
419
1,101
314
436

745
126
423
1, 136
325
450

749
125
423
1,149
340
440

759
125
425
1,109
338
411

758
124
427
1, 108
347
399

750
123
425
1,105
348
390

752
122
423
1,114
350
390

755
121
424
1,148
357
417

748
120
423
1,187
350
455

'730
121
'454
1,240
376
489

'741
123
'464
1,211
362
466

2,229
744
1,486

2,300
892
1,407

2,161
838
1,323

56
749

63
914

61
820

89
946

73
817

82
875

410

400

278

125

169

188

761
124
471
1.173
367
429

CONTRACT AWARDS
Construction contracts in 48 States (F. W. Dodge
Corp.):f
Total valuation..
__mil. ofdol..
Public ownership
do
Private ownership
do
Nonresiden-tial buildings:
Floor area
thous of sq ft
Valuation
mil of dol
Residential buildings:
Floor area
thous of sq ft
Valuation. _
mil. of dol__
Public works:
Valuation
mil. of dol
Utilities:
Valuation
mil of dol
Value of contract awards, 37 States (F. R. indexes):
Total unadjusted
1947-49—100
Residential unadjusted
do

267
285

291
334

319
370

310
340

298
297

281
269

273
262

254
251

237
224

217
190

306
318

287
317

277
315

257
286

256
269

255
265

260
264

251
250

248
230

242
197

mil ofdol

1,781

2 379

1,869

2,120

1,622

1,835

1,828

1,480

1,878

1,736

1,590

1,664

1,436

Highway concrete pavement contract awards :d"
Total
thous of sq yd
Airports
do
Roads
do
Streets and alleys
do

8,259
1,726
4,319
2,214

8,362
798
4,547
3,017

7,578
337
3,764
3,477

8,513
1,084
3,873
3,557

7,876
720
4,346
2,810

4,795
408
1,893
2,494

8,398
1,486
3,219
3,693

5, 267
695
1.911
2, 661

7,302
953
•3,524
2,825

5,159
1,212
2,211
1,737

26,501
405
2 3, 955
2
2, 141

7,163
1,499
3,990
1,674

7, 229
1,489
4,425
1,316

Total seasonally adjusted
Residential seasonally adjusted
Engineering construction:
Contract awards (EN R)§

do
do

1,468

NEW DWELLING UNITS
(U. S. Department of Labor)
New permanent nonfarm dwelling units started:
Unadjusted:
77.4
93.6
65.0
65.0
83.0
93.9
••63.6
103.9
113.7
101.1
107.4
98.6
'111.4
Total, privately and publicly owned. __ thousands.. » ' 78. 4
62.2
62.5
77.0
75.5
91.2
'62.9
103.2
99.0
110.8
90.7
104.6
109.9
77.0
93.9
Privately owned, total _.
do
44.2
45.0
54.2
54.6
63.4
'44.6
70.5
76.3
68.1
56.9
69.6
60.8
75.3
72.8
In metropolitan areas
do
.4
2.5
2.8
r .7
7.5
2.4
2.1
3.2
.7
2.9
'1.5
2.8
•'1.4
4.7
Publicly owned
do
Seasonally adjusted at annual rate:
910.0
880.0
1, 127. 0 1, 094. 0 1, 157. 0 1, 146. 0 1,091.0 1, 070. 0 1,136.0 1, 008. 0 1, 052. 0 1, 027. 0 ' 1,020.0 1, 010. 0
Privately owned, total t
do
Building construction authorized, all permit-issuing
places:
51.4
79.3
48.1
70.4
'61.7
86.0
81.3
96.1
88.3
94.6
98.1
•71.1
New dwelling units total
thousands
50.8
76.8
47.5
85.4
68.6
80.5
85.8
70.2
'61.1
94.7
92.3
97.1
Privately financed total
do
41.0
67.0
52.2
39.1
75.1
71.9
59.8
84.5
76.6
81.2
86.5
61.7
Units in 1 family structures
do
1.9
2.4
1.7
2.5
2.6
2.5
2.2
3.1
2.7
2.5
3.2
2.9
Units in 2 family structures
do
7.9
'6.4
6.7
6.6
7.3
7.8
6.4
6.1
7.1
7.8
7.8
6.0
Units in multifamilv structures
do
.0
.6
.6
.6
2.5
1.8
'.7
.8
1.4
2.5
2.4
1.0
Publicly financed total
do
r
T
Revised.
» Preliminary.
° Revisions for January 1956 (thous.): Total prh ately anc publicly owned, 7£>.l; publicly owned 1.4.; tota I new dw(tiling unit s authoriz ed, 62.9.
1
Indexes based on 1935-39=100 are as follows: Measured by—wholesale prices, 44 .7 (Marct ) ; consunler prices, 50.4 (Feb ruary) ; re tail food, 43.6 (Feb]"uary) .
> Data include some contracts awarded in prior months but n Dtreporte i.
9 Revisions for January 1954-March 1955 will be shown later,
t Re vised series, reflecting nationwide coverage and new techniques for compilin g data on residentsil buildin gs. Com parable diita for Jarluary 195(>, in order and unit s shown above, are
as follows: 2,221; 848; 1,373; 59; 788; 77; 808; 448; 176. Figures for ISlarch-De cember 1956 will be available later.
§Data for March, May, August, and November 1956, and Jartuary 1957 are for 5 weeks; ot ler month s, 4 weeks5.
cf Data for February, May, August, and October 1956 and Ja nuary 195 7 are for 5 weeks; 01 her mont' is, 4 wee £S.
tRevised back to 1946 to incorporate new seasonal factors, re^visions fo r 1946-56 are showii on p. 20 of the M arch 1957 SURVEY. For seasonal facto rs used, s<>e the Jun e 1956 issue of Construction Review.




SURVEY OF CURRENT BUSINESS

S-8
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

April 1957

1956
February

March

April

May

June

July

1957
August

Septem- October Novem- December
ber
ber

January

February

March

CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION COST INDEXES
Department of Commerce composite _ 1947-49=100
Aberthaw (industrial building)
1914 = 100. American Appraisal Co., The:
Average, 30 cities
1913=100
Atlanta
do
New York
- do
San Francisco
do
St Louis
-- -do
Associated General Contractors (all types)
-do.__
E. H. Boeckh and Associates:§
Average, 20 cities:
Apartments, hotels, and office buildings:
Brick and concrete
U S. avg. 1926-29=100
Brick and steel
do
Brick and wood
do
Commercial and factory buildings:
Brick and concrete
__do
Brick and steel
do
Brick and wood
do
Frame
- do
Steel
do
Residences:
Brick
do
Frame
__
do
Engineering News-Record :d"
Building
1947-49=100..
Construction
_
do
Bu. of Public Roads—Highway construction:
Composite, standard mile
.
1946= 100. .

127.8

128.7
405

129.4

130.2

130.8
421

131.6

132.4

132.5
441

132 5

132 6

132 8

133 0

133 3

623
667
648
586
630
452

625
676
652
588
632
452

628
676
654
589
633
452

631
676
655
596
633
456

634
679
660
596
635
461

638
692
667
596
635
467

641
695
681
597
637
467

642
696
681
597
637
470

642
696
681
596
636
470

644
696
681
595
635
470

647
699
687
594
638
470

649
702
701
594
640
472

653
705
703
610
643
472

271.6
267.7
270.5

272.4
268.7
271.6

274.1
270.3
273.4

276.8
272.5
275.4

278.0
273.7
276.1

279.6
275 3
276.7

280.2
275.9
277.2

280.8
276.7
277.0

281 0
276 9
277 0

281.4
277 3
277.3

281 9
277 7
277 4

282 7
278 3
277.9

283.1
278 5
278.3

279.4
277.1
269.0
270.5
261.8

280.4
278.4
269.9
271.4
263.3

282.3
280.0
271.5
273.6
264.6

285.3
282.2
273.8
275.4
266.2

286.6
283.5
274.6
275.9
267.5

287.8
286.7
275.2
276.0
272 8

288.2
287.3
275.9
276.2
273.2

288.9
288.6
275.9
275.4
274.9

289 2
288 8
276 0
275 3
275 1

289.6
289.1
276.3
275.5
276 1

290.2
289 6
276.5
275 5
276 4

291.3
290 3
277.4
275 4
276 8

291.8
291.3
278.1
275.3
278 4

271.2
265.2

272.1
266.2

273.8
268.2

276.1
269.9

276.8
270.4

277.2
270.6

277.8
271.0

277.4
270.5

277 4
270 3

277.6
270.6

277 8
270.6

278 3
270.7

278 6
270.8

142.9
150.2

143.6
150.8

144.1
152.0

144.5
152.8

144.7
153.4

145.3
153.7

147.9
155.6

147.7
155.4

148.0
155 4

147.9
155.4

148.5
156 3

148.6
156 7

148.3
156.4

132.4

135.4

472

148.3
156 6

140.7

140.5

CONSTRUCTION MATERIALS
Output of selected construction materials, index:f
Iron and steel products
1947-49 = 100.
Lumber and wood products
- do

143.4
119.5

155.7
129.0

152.2
129.3

164.2
138.6

164.0
130.0

52.1
119.8

140.2
143.1

138.2
123.6

159.2
138 4

145.5
120.5

231, 856
467, 908

202, 141
492, 888

209,338
468, 766

207, 111
421, 178

208,192
464, 937

237, 440
504, 725

203, 661
507, 610

229, 797
500, 930

213, 072
462, 307

174, 236
471, 652

193, 576
555, 076

159, 145
430, 560

1,138

1,127

1,123

1,173

1,108

1,116

1,142

1,148

1, 153

1,228

1,038

976

908

932

986

976

949

1,037

850

922

784

710

714

709

331
386
191

359
388
185

356
434
196

349
449
178

341
439
169

358
483
197

292
397
161

323
422
176

277
360
147

250
320
140

245
326
143

243
318
149

2,271
2,615
89, 315

2,269
2,472
84, 624

2,434
2,559
87,681

2,417
2,755
74, 770

2,374
2,548
68,752

2,544
2,618
74, 930

2,185
2,802
70, 118

2,425
2,762
81, 121

2,108
2,737
80,481

1,951
2,569
96, 485

1,942

1,749

115, 272

95, 569

r

145.1
103 1

142.6
113.7

REAL ESTATE
Home mortgages insured or guaranteed by—
Fed. Hous. Adm.: Face amount
__ -thous. of dol _ _ 240, 723
535, 526
Vet. Adm.: Face amount
do
Federal Home Loan Banks, outstanding advances to
1,181
member institutions
mil. ofdol
New mortgage loans of all savings and loan associa778
tions estimated total
mil of dol
By purpose of loan:
284
Home construction
do
333
Home purchase
do
161
All other purposes
do
New nonfarm mortgages recorded ($20,000 and under),
2,050
estimated total
mil. of dol.
2,238
Nonfarm foreclosures
number
Fire losses
thous. of dol- . 84, 041

DOMESTIC TRADE
ADVERTISING
Printers' Ink advertising index, seas, adjusted :J
Combined index
1947-49=100_.
Business papers __ __ _
_
.do. _
Magazines
do
Newspapers. _ _ _ .
_
_. ..do. _
Outdoor..
do
Radio (network)
do
Television (network) .
1950-52=100

201
182
158
221
170
36
331

192
178
161
192
147
36
328

198
187
155
205
172
39
337

199
184
157
201
165
36
351

192
181
152
183
157
38
357

204
184
161
202
152
33
392

214
182
160
207
155
42
447

200
195
155
194
160
37
379

201
192
153
211
147
40
356

201
178
166
200
153
43
357

197
189
162
186
152
38
355

207
207
164
203
167
35
373

169.6

190.8

4.025

1768

Tide advertising index, unadjusted

1947-49= 100. .

184.8

209.4

218.8

228.1

200.4

158.4

175.6

198.9

235.2

225.7

175.1

Television advertising:
Cost of facilities, total
Automotive, including accessories
Drugs and toiletries.. _
Foods, soft drinks, confectionery
Soaps, cleansers, etc
Smoking materials
All other

thous. of dol_ . 37, 192
4,831
do
9,117
.do
8,116
do
4,570
do
3,571
do
6,986
do

40, 589
5,510
9,824
8,524
5, 131
3,873
7,727

38, 979
5,147
9,403
7,840
5,037
3,419
8,133

40, 610
5,425
10, 086
8,155
5,125
3,087
8,732

38, 243
4,642
10, 094
7,958
4,991
3,214
7,344

37, 748
3,766
10, 870
7,706
5,507
3,118
6,780

42, 597
4,594
9,105
6,849
4,701
2,833
14, 515

39,006
3,429
10, 021
8,074
5,133
3,517
8,832

45, 467
4,187
12, 971
8,489
5,421
3,354
11,045

44, 079
4,950
11, 430
8,870
5,108
3,408
10, 313

44, 762
4,775
12, 424
9,035
5,266
3,796
9,466

Magazine advertising:
Cost, total
Apparel and accessories
Automotive, incl. accessories.
Building materials
Drugs and toiletries . _
Foods, soft drinks, confectionery
Beer, wine, liquors

do
do
do
do
do _.
do
do

54,298
3,458
5,096
2,841
5,375
8,003
2,233

69, 188
5,673
7,020
4,313
5,541
8,648
2,998

75, 485
5,643
7,924
4,559
5,732
8,542
3,286

72,961
5,510
6,685
4,560
6,111
7,847
3,149

59, 946
3,365
6,175
3,389
5,909
7,179
2,714

42, 386
904
4,226
1,935
4,868
6,893
2,568

42,024
4,601
2,736
1,740
4,288
6,077
1,971

63, 735
7,945
2,478
3,945
5,967
7 256
2,611

76, 087
6,882
4,008
3,834
7,008
10, 039
3,408

73, 091
5,090
7,246
2,689
6,712
8 205
3,985

55, 814
4,222
4,196
1,124
5,064
6 711
5,283

do
do
do
do
do. __
do .

2, 055
1,551
4,110
1,103
1,511
16, 960

4,014
2,761
4,940
1,314
1,615
20, 352

5,063
4,405
5,735
1,330
1,516
21, 750

5,465
4,054
6,627
1,368
1,655
19, 930

4,919
2,042
5,517
843
1,562
16, 331

2,794
1,030
3,665
775
1,149
11, 578

1,522
1,646
3,742
641
1,178
11, 882

3,349
2 830
5,792
976
1,275
19, 312

4,441
4,636
6,119
1,339
2,092
22, 281

4,421
3 527
6,101
1 187
1,733
22, 194

3,166
2 106
4,278
876
1,704
17 083

3,734

3,496

4,278

5.265

5.552

4.827

3.890

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

4,664
5,249
5,399
4,648
Linage, total..
thous. of lines..
r
Revised.
§ Copyrighted data; see last paragraph of headnote, p. S-l.
d" Data reported at the beginning of each month are shown here for the previous month.
f Revised series.
t Data revised beginning January 1954; revisions prior to March 1955 will be shown later.




5.489

SURVEY OF CURRENT BUSINESS

April 1957
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

S-9

1956

Febru- s March
ary *

April

May

June

July

1957

DecemOctober NovemAugust September
ber
ber

January

February

March

DOMESTIC TRADE—Continued
ADVERTISING— Continued
Newspaper advertising:
Linage total (52 cities)
Classified
Display, total
Automotive
Financial--.
General
Retail

thous of lines
do
-

_do_
do
do__.
do_
do

-

218, 335
56,624

251, 255
63,286

260, 992
65, 077

268, 486
66, 664

239, 266
62, 395

213, 961
60, 525

227,297
62, 494

244, 056
63,036

269. 857
62, 197

261, 994
54, 469

243, 080
50, 337

210, 509
55, 141

207, 064
53,264

161, 711
15, 161
3,235
31, 489
111,826

187, 969
15, 494
3,484
36, 151
132, 840

195, 915
14, 864
3,932
40, 980
136, 140

201, 822
17, 088
3,657
40, 952
140, 125

176, 872
15, 477
3,641
34, 747
123, 006

153, 436
12, 947
4,652
27, 098
108, 740

164, 803
12, 626
2,749
26,430
122, 998

181,021
10, 018
3,169
34,223
133. 610

207, 659
16, 878
4,026
43,420
143, 335

207, 525
16, 424
3,330
38,510
149, 262

192, 743
8,824
4,198
27, 690
152, 031

155, 368
12, 555
5,929
26, 355
110, 530

153, 800
14, 365
3,215
30, 009
106, 212

PERSONAL CONSUMPTION EXPENDITURES
Seasonally adjusted quarterly totals at annual rates :J
Cikxoxls and services, total. . _
bil. of dol. _
Durable goods, tota!9
_._
Automobiles and parts
Ifytmiture and household equipment
Nondurable goods, total 9
Clothing and shoes
Food a»d alcoholic beverages..
Gasoline and oil

do
_do_
do
do.__

Services, tota!9
Household operation
Housing-. .
Transportation
RETAIL TRADE
All retail stores:
Estimated sales (unadjusted) , total

do
do
do

do
do
..do
do

261.7

263.7

266 8

270 9

34.8
15.5
14.9

33.4
13.8
15.2

33 0
13 7
15.0

34 8
15 3
15 0

130.5
20.8
78.8
8.1

132.3
21 5
79.5
8.3

134 0
21 9
80 5
8.5

134 7
22 1
81 0
8.6

96.4
15.0
31.5
7.7

98.0
15.2
31.9
7.8

99.7
15.5
32.5
7 9

101.4
15 8
32.9
8.0

mil. of dol. _

13, 686

15,864

15,029

16, 257

16, 724

15, 526

16, 335

15, 730

16,282

16,639

19, 532

Durable-goods stores 9
do
Automotive group
- do
Motor-vehicle, other automotive dealers-do ...
Tire, battery, accessory dealers
do-

4,775
2,812
2,688
124

5,421
3,195
3,044
151

5,352
3,058
2,899
159

5,798
3,238
3,056
183

6,053
3,363
3,155
208

5,573
3,066
2,880
186

5,739
3,110
2,919
191

5,230
2,676
2,507
169

5,516
2,830
2,646
184

5,491
2,907
2,730
177

6,172
3,122
2,901
221

4,972
2,996
2,858
139

4,914
' 2, 948
2,809
139

do
do_
do

757
464
293

808
502
306

787
491
296

874
553
321

921
556
364

846
516
331

900
566
334

860
518
342

956
593
363

1,003
634
369

1,194
714
480

776
478
297

'754
477
277

Lumber, building, hardware group
do
Lumber, building-materials dealers.— _.do
Hardware stores
do.

698
527
171

843
636
207

929
701
227

1,035
769
266

1,090
814
275

1,024
774
250

1,050
800
251

1,006
761
245

1,052
794
258

917
664
254

861
547
314

659
476
183

629
455
174

do
do
do
do
do.
do

8,911
667
137
278
135
116

10, 443
1,003
180
403
216
204

9,677
833
160
344
172
157

10, 459
963
193
388
199
182

10, 671
989
227
364
203
195

9, 953
768
163
290
168
146

10, 596
863
168
338
190
167

10,500
981
188
374
225
194

10,766
1,034
216
405
236
177

11, 148
1,095
252
410
259
173

13,360
1,694
421
654
387
232

9,917
785
181
310
161
133

9,279
••694
147
283
146
118

Drug and proprietary stores
Eating and drinking places
Food group
-- Grocery stores
Gasoline service stations

do
do.
do
do
do.

451
1,041
3,446
2,927
983

479
1,114
3,939
3,376
1,078

446
1,134
3,532
3,006
1,090

477
1,209
3, 786
3,221
1,154

477
1,270
3,980
3,413
1,201

464
1,306
3,772
3,215
1,239

475
1,333
3,988
3,400
1,253

465
1,240
3,896
3,323
1,181

480
1,227
3,881
3,305
1,180

470
1,158
4,024
3,435
1,184

632
1,201
4,204
3,572
1,182

488
1,096
3,838
3,281
1,137

••467
' 1, 055
' 3, 615
' 3, 086
' 1, 067

1488
1 1, 137
14,085
13,503
i 1, 146

General -merchandise group
Department stores, excl. mail-order d1
Mail-order (catalog sales) __ _ _
Variety stores
Other general-merchandise stores
Liquor stores
--

do
do
do
dodo
do

1,271
667
97
206
300
263

1,649
884
106
274
386
306

1,514
854
95
221
346
282

1,703
941
113
256
392
308

1,700
932
105
274
388
313

1,414
748
90
245
330
318

1,663
898
120
271
374
328

1,699
945
108
275
372
324

1,808
1,007
129
284
387
330

2,030
1,132
166
309
423
356

3,033
1,626
189
616
601
539

1,328
720
97
198
314
301

' 1, 276
••672
94
213
296
288

11,506
1813

Estimated sales (seasonally adjusted) , total

do

15, 346

15, 740

15, 541

15, 892

15,998

16, 019

16, 253

16, 018

16, 050

16,358

16, 491

5,354
3,008
2,855
153

5,466
3,049
2,881
169

5,303
2,867
2,703
164

5,396
2,961
2,785
176

5,500
2,997
2,812
184

5,514
2,981
2,806
174

5,512
3,022
2,845
178

5,356
2,780
2,599
180

5,490
3,035
2,862
173

5,664
3,159
2,983
176

5,814
3,285
3,104
181

5,706
3, 324
3,151
173

Furniture and appliance group
Furniture, homefurnishings stores
Household-appliance, radio stores

Nondurable-goods stores 9
Apparel group
-- .
Men's and boys' wear stores
Women's apparel, accessory stores..
Family and other apparel stores
Shoe stores

Durable-goods stores 9
do. _.
Automotive group
do
Motor- vehicle, other automotive dealers-do
Tire, battery, accessory dealers
do

14,889 ' 14, 193

' 5, 742
3,262
3,081
180

do
-do
do

859
539
319

877
540
337

895
546
348

863
524
340

899
537
362

899
550
349

886
552
333

908
558
350

864
530
334

912
569
344

932
575
356

856
541
314

895
578
318

Lumber , build ing , hardware group
Lumber, building-materials dealers
Hardware stores

do
do
do

899
674
225

925
692
234

958
718
240

945
701
245

979
716
263

968
720
248

933
688
245

960
711
249

918
689
228

889
653
236

869
630
240

848
608
240

866
622
245

do
do
do
do
do
do

9,992
924
191
364
200
170

10, 274
916
177
368
201
170

10, 238
921
198
355
199
168

10, 496
965
201
373
222
170

10, 498
957
210
366
209
172

10, 505
956
209
364
215
168

10, 741
1,039
223
411
213
192

10, 662
977
209
392
210
166

10, 560
982
214
388
208
172

10, 694
1,004
216
380
229
179

10, 677
991
209
396
218
169

do
do
do
__do
do

455
1,152
3,680
3,128
1,088

485
1,192
3,756
3,205
1,154

467
1,200
3,702
3,167
1,130

483
1,202
3,818
3,260
1,135

480
1,241
3,769
3,215
1,163

479
1,191
3,842
3,272
1,150

487
1,215
3,890
3,306
1,164

492
1,178
3,918
3,337
1,165

492
1,184
3,915
3,332
1,150

488
1,188
3,925
3,351
1,179

497
1,194
3,977
3,396
1,164

Drug and proprietary stores
Eating and drinking places
Food group
Grocery stores
Gasoline service stations .-_

13,263
1814

1840

16,439 ' 16, 494 1 16, 322

Furniture and appliance group
Furniture, homefurnishings stores
Household -appliance, radio stores

Nondurable-goods stores 9
Apparel group
Men's and boys' wear stores
Women's apparel, accessory stores
Family and other apparel stores
Shoe stores

i 15, 813

15,581

10, 733 ' 10, 753 i 10, 741
992
980
217
210
376
383
222
212
174
178
484
1, 182
3,969
3, 392
1,213

492
1,219
3,965
3, 385
1,220

1,702
1,752
1,702
1,645
1,763
1,730
1,773
General -merchandise group
do
1,674
1,781
1,722
1,760
1,718
1,738
940
913
943
878
989
974
948
Department stores, excl. mail-order
do. _
954
913
971
922
936
960
112
122
113
111
116
116
112
118
114
118
Mail-order (catalog sales) .
-do. ._
122
122
123
273
282
295
278
256
268
Variety stores
do
281
292
294
291
289
289
302
412
403
374
392
385
380
384
Other general -merchandise stores
._ do. ._
387
372
376
357
393
393
315
342
327
315
323
298
331
332
346
329
Liquor stores..
. __
do
338
339
340
r
Revised.
i Advance estimate.
tRevised series. Estimates of personal consumption expenditures have been revised back to 1952 (see pp. 7 ff. of the July 1956 SURVEY) ; for data prior to 1952, see the 1954 NATIONAL INCOME
SUPPLEMENT.
9 Includes data not shown separately.
cf Correction: 1951 monthly average for combined department-store and mail-order sales (old series) shown in the 1955 edition of BUSINESS STATISTICS should read $927,000,000.




SURVEY OF CURRENT BUSINESS

S-10
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

April 1957

1956

February

March

April

May

June

July

1957

DecemOctober NovemAugust September
ber
ber

January

February

March

DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
All retail stores— Continued
Estimated inventories:
Unadjusted, total
Durable-goods stores
Nondurable-goods stores

23,840
11, 330
12, 510

24, 540
11, 680
12, 860

24,880
11,830
13, 050

24,450
11,490
12, 960

23, 510
10, 860
12, 650

23,300
10, 650
12,650

23, 540
10, 400
13, 140

23,530
10, 030
13, 500

24,000
9,920
14, 080

24, 750
10, 450
14, 300

22, 400
22.890 23, 700
9,940 ' 10, 380 10, 780
12, 460 ' 12, 510 12. 920

do
do
do
do
do

24,210
11, 450
4,710
2,010
2,350

23, 820
11,220
4,490
1,980
2,360

23,880
11, 100
4,380
1,990
2,340

23,900
11,030
4,310
2,000
2,320

23, 830
10, 750
4,010
2,010
2,330

23, 800
10,650
3,960
2,000
2,270

23, 750
10, 470
3,880
1,990
2,190

23, 430
10, 260
3,630
2,010
2,170

23, 320
10, 090
3, 490
2,010
2,160

23, 490
10, 420
3,700
2,070
2,190

23, 930
23, 860 ' 24, 010
10, 700 ' 10, 770 10, 820
4,020 ' 4, 110
4,360
2,020 ' 2, 020
1,990
2,220 ' 2, 220 2,140

do
do
do
do

12, 760
2,690
2,580
4,200

12, 600
2,660
2,570
4,100

12, 780
2,720
2,600
4,140

12, 870
2,740
2,680
4,090

13, 080
2,780
2,750
4,160

13, 150
2,810
2,760
4,180

13, 280
2,840
2,790
4,220

13, 170
2,800
2,810
4,170

13, 230
2,870
2,830
4,250

13, 070
2,760
2,800
4,250

13, 160
2,850
2,700
4, 180

13, 240
' 2, 840
'2,760
'4,150

13, 110
2,770
2,740
4,050

mil. of dol_.
do
do

Seasonally adjusted, total __
Durable-goods stores 9
Automotive group
__
Furniture and appliance group
Lumber, building, hardware group
Nondurable-goods stores 9
Apparel group _
Food group
General-merchandise group. _
Firms with 11 or more stores:
Estimated sales (unadjusted), total 9
Apparel group 9
Men's and boys' wear stores
Women's apparel, accessory stores.
Shoe stores
Drug and proprietary stores.
Eating and drinking places
Furniture, homeiurnishings stores.

do

2,464

3,058

2,722

3,014

3,167

2,770

3,052

3,009

3,114

3,337

4,136

2,691

2,588

do
do
do
do

121
9
48
40

222
16
84
78

160
12
61
58

192
14
76
69

200
16
76
75

143
10
57
55

162
10
68
60

194
13
68
74

197
15
73
65

209
19
77
66

322
30
125
100

130
11
44
47

122
9
45
43

_do
do
do

62
56
24

69
61
30

63
60
26

66
63
31

69
66
29

67
65
26

67
67
29

67
65
27

69
68
35

67
62
32

106
67
34

66
60
24

65
58
25

600
271

792
366

748
388

838
417

867
430

722
350

858
412

857
425

914
449

1,017
472

1,531
658

636
305

616
282

82
156
1,166
52
45

117
215
1,389
61
55

103
170
1,174
69
57

118
197
1,280
75
67

127
211
1,377
78
74

103
185
1,221
76
64

130
207
1,324
81
63

126
206
1,274
76
57

131
215
1,278
78
63

154
239
1,397
66
60

229
468
1,430
55
83

92
149
1, 324
46
48

85
161
1,257
46
47

2,905

2,954

2,914

3,000

2,999

3,019

3,075

3,058

3,029

3,132

3,139

' 3, 108

3,119

176
13
70
59
66
62
29

181
14
72
65
71
62
28

172
14
66
60
66
60
29

185
14
72
65
68
61
28

186
14
73
64
70
64
30

184
15
70
64
68
61
30

193
15
75
68
70
63
28

190
15
71
66
70
63
29

185
14
69
65
69
65
31

192
15
71
68
70
65
30

192
15
73
66
75
65
30

180
14
63
68
70
65
30

183
14
67
66
72
66
30

829
397

836
395

839
416

856
397

843
392

862
405

892
430

870
414

856
410

893
422

869
413

884
432

879
426

118
208
1,239
66
57

125
'212
1,261
69
61

115
204
1,237
72
61

126
218
1,286
70
62

126
216
1,284
69
64

125
221
1,294
70
61

125
224
1,307
68
58

131
218
1,304
68
63

125
216
1, 295
6fi
81

131
227
1,341
66
61

126
217
1,369
67
61

127
214
1,358
'60
62

126
220
1.363
61
62

155
316

150
313

149
311

152
311

149
310

136
307

138
308

152
314

159
319

174
330

232
365

189
352

160
345

44
14

47
16

43
15

46
15

46
15

44
14

45
14

44
15

47
15

47
16

45
14

46
15

44
14

44
43
13

44
43
13

44
43
13

44
44
12

45
42
13

45
42
13

45
42
13

44
43
13

43
44
13

44
44
12

46
43
11

44
42
14

44
43
13

General-merchandise group 9
do
Department stores
do
Dry-goods, other general-merchandise stores
mil. of doL.
Variety stores
_
do
Grocery stores
do
Lumber, building-materials dealers.
_do
Tire, battery accessory stores
do
Estimated sales (seas, adj.), tota!9___
Apparel group 9
Men's and boys' wear stores
Women's apparel, accessory stores
Shoe stores _
Drug and proprietary stores
Eating and drinking places.
Furniture, homefurnishings stores

do
do
do
do
do
do
_do
do

General-merchandise group 9
__ _do
Department stores
do
Dry-goods, other general-merchandise stores
mil. of dol._
Variety stores
do
Grocery stores
do
Lumber building—materials dealers
do
Tire, battery, accessory stores
do
Department stores:
Accounts receivable, end of month :cf
Charge accounts
1947-49—100
Installment accounts
do
Ratio of collections to accounts receivable:
Charge accounts
percent..
Installment accounts cf
do
Sales by type of payment:
Cash sales
percent of total sales
Charge account sales
do
Installment sales
do
Sales, unadjusted, total U. S.t_ ..
Atlanta
Boston
Chicago.
Cleveland
Dallas
Kansas City
Minneapolis.
New York...
Philadelphia
Richmond
St. Louis..
San Francisco

__

Sales seasonally adjusted, total U. S J
Atlanta
Boston
Chicago
Cleveland
Dallas
Kansas City

'93

111

113

121

119

101

113

131

128

158

222

'95

'97

do
do
do
do
do
do

'117
84
87
90
111
92

146
91
109
106
134
112

136
106
110
109
132
117

143
112
119
114
143
124

131
114
121
113
130
119

128
84
97
98
129
107

140
95
113
110
138
124

152
125
132
127
139
128

150
115
123
122
142
129

182
143
159
152
166
150

267
210
215
212
252
218

116
86
91
92
111
90

P117
"88
p93
P95
* 113
P94

do
do
do
.do
do
do

84
85
91
'97
96
'98

95
98
111
125
116
110

109
97
109
122
115
117

113
108
120
136
129
120

105
111
117
128
117
120

91
83
88
111
104
115

111
90
100
122
118
126

137
122
131
144
130
128

119
120
124
144
131
131

141
151
165
179
161
153

202
204
220
251
216
231

84
94
91
99
94
'101

p90
p93
P92
PlOl
p98
P100

1947-49=100..

-do

-•119

122

122

122

124

128

128

129

122

131

129

125

P124

do
...do
do ..
_do__ _
do
do

' 146
' 112
'113
••117
139
'118

143
102
124
116
144
126

144
111
117
120
144
124

146
112
120
118
145
125

147
114
124
118
143
124

160
116
123
128
152
130

156
118
126
121
148
131

157
117
127
127
139
128

144
114
117
118
134
123

157
119
130
123
146
131

154
116
128
122
150
128

151
109
120
118
140
'122

P146
P117
P121
P123
P141
P121

116
117
124
145
129
131

129
120
127
140
127
131

103
112
118
136
119
130

123
120
126
146
134
132

124
116
125
139
130
131

118
119
121
144
'125
131

P 114
P115
P119
P136
P 125
P127

114
112
113
112
112
108
Minneapolis..
_
_
do
115
116
110
104
107
105
New York....
do
125
121
121
119
116
'121
Philadelphia
...do....
134
140
135
131
137
'130
Richmond
do
119
129
135
123
129
123
St. Louis
do
126
122
132
131
128
124
San Francisco
do
'Revised.
P Preliminary.
9 Includes data not shown separately.
cf Data revised for period beginning January 1940; not comparable with former series. Unpublished revisions for

"107

P129

. « / • * ^ + K «««
accounts receivable (prior to October 1955), and for collection ratios

JData for 1946-55 have been revised to reflect current seasonal patterns and to allow for changes in the samples used in computing the unadjusted indexes. Revisions beginning with 1946
for total United States appear on p. 24 of the October 1955 SUEVEY; unpublished revisions for the districts are available upon request.




SUEVEY OF CURRENT BUSINESS

April 1957
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

S-ll

1956

February

March

April

June

May

July

1957

DecemAugust SeptemOctober November
ber
ber

January

February

March

DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
Department stores— Continued
Stocks, total U. S., end of month:!
Unadjusted
Seasonally adjusted
-

1947-49=100..
do

131
138

Mail-order and store sales:
279, 770
Total sales, 2 companies
thous. of dol
Montgomery Ward & Co. . _
do_ _. 62, 142
Sears, Roebuck & Co
_ >.do ._- 217,628
WHOLESALE TRADE
Sales estimated (unadj.), total
mil. of dol
9,540
3,230
Durable-goods establishments
_
do
6,310
Nondurable-goods establishments
do
Inventories, estimated (unadj.), total
Durable-goods establishments
Nondurable-goods establishments

do
do
do

12, 570
6,470
6,100

139
135

142
136

139
134

131
137

130
138

138
141

145
139

159
142

161
142

126
142

348, 888
83, 275
265, 612

376, 929
96, 505
280, 424

411, 143
93, 587
317, 556

426, 197
97, 221
328, 976

355, 917
79, 888
276, 030

421, 668
94, 813
326, 855

405, 229
94, 412
310, 817

440, 456
112, 898
327, 558

482, 564
120, 131
362, 433

595, 570
150, 615
444, 955

10, 240
3,540
6,700

9,900
3,530
6,370

10, 650
3,790
6,860

10,500
3,790
6,710

10,060
3,500
6,560

11,120
3,780
7,340

10, 430
3,560
6,870

11, 690
3,950
7,740

11, 160
3,670
7,490

10, 570
3,410
7,160

12, 620
6,680
5,940

12, 620
6,780
5,840

12,500
6,760
5,740

12, 370
6,710
5,660

12,630
6,590
6,040

12,830
6,530
6,300

13, 110
6,600
6,510

13, 500
6,630
6,870

13, 640
6,590
7,050

13, 310
6,540
6,770

126
141

"133
P140

310, 275
63, 367 i 55, 515
246, 908 223, 750
10, 300
' 3, 320
' 6, 980
T

1

70, 062
269, 815

9,570
3,180
6,390

13, 180 13, 100
' 6, 650 6,780
6,530
6,320

EMPLOYMENT AND POPULATION
POPULATION
Population, continental United States:
Total, incl. Armed Forces overseasd"
thousands. _ ' 167, 040 ' 167, 260r 167, 498
EMPLOYMENT
Noninstitutional population, estimated number 14
118, 180 118, 293 118, 367
years of age and over, total©
thousands

167, 934 ' 168, 174 ' 168, 451 ' 168, 737 ' 169, 028 ' 169, 291 •• 169, 541 ' 169, 800 ' 170, 045 170, 270
119, 614

119, 745

119, 899

118, 537

118, 632

118, 762

118, 891

119, 047

119, 198

119, 344

119, 481

68,806

69, 434

70, 711

72, 274

72,325

71, 787

70, 896

70, 905

70, 560

69, 855

268,638 2 69, 128 2 69, 562

do _ _
do
do
do
do

65,490
62, 576
5,469
57, 107
2,914

65, 913
63, 078
5,678
57, 400
2,834

66, 555
63, 990
6,387
57,603
2,564

67, 846
65, 238
7,146
58, 092
2,608

69, 430
66,503
7,876
58, 627
2,927

69, 489
66, 655
7,700
58, 955
2,833

68, 947
66, 752
7,265
59, 487
2,195

68, 069
66, 071
7,388
58,683
1,998

68, 082
66, 174
7,173
59,000
1,909

67, 732
65, 269
6,192
59, 076
2,463

67, 029
64, 550
5,110
59, 440
2,479

265,821 2 66, 311 2 66,
2 62, 578 2 63, 190 2 63,
2 4, 935 2 5, 195 2 5,
2 57, 643 2 57, 996 2 58,
2 3, 244 2 3, 121 2 2,

do

49, 784

49, 488

48, 933

47, 826

46, 357

46, 437

47, 105

48, 151

48,293

48, 783

49, 626

250,973 2 50, 617 2 50, 337

do
do
do
do

50, 246
16, 824
9,776
7,048

50,499
16, 764
9,730
7,034

50, 848
16, 769
9,795
6,974

51, 197
16, 715
9,747
6,968

51, 709
16, 809
9,764
7,045

50,896
16, 291
9,277
7,014

51,881
17, 034
9,743
7,291

52, 261
17, 121
9,788
7,333

52, 455
17, 222
9,958
7,264

52, 484
17, 151
10, 024
7,127

53, 131 ' 51, 238 ' 51, 199
17, 133 ' 16, 937 r 16, 922
10. 029
9,948 r 9, 943
7,104 ' 6, 989 ' 6, 979

780
107
34
225

783
107
32
223

790
109
31
223

786
108
27
224

812
111
32
226

746
85
31
183

817
109
32
228

818
112
32
231

812
111
33
232

811
110
33
232

811
110
34
233

310
105
2,588
4,083
1,188
110
777
743
42
561

314
107
2,669
4,106
1,189
111
785
748
43
563

315
111
2,853
4,121
1,196
111
783
753
43
565

315
113
3,040
4,138
1,208
110
784
755
43
567

329
115
3,257
4,181
1,223
110
791
761
43
577

333
115
3,270
4,148
1.173
109
789
778
43
585

332
116
3,353
4,178
1,185
108
800
780
43
585

327
116
3,340
4,179
1,189
108
809
773
43
580

322
115
3,301
4,177
1,189
107
821
769
43
573

323
113
3,191
4,170
1,175
107
827
771
42
573

323
110
3,029
4,180
1,173
107
830
770
42
572

10, 819
2,924
7,895
1,333
1,551
811

10, 931
2,926
8,005
1,384
1,553
806

10, 928
2,920
8,008
1,370
1,557
804

10, 985
2,920
8,065
1,395
1,567
801

11,091
2,955
8,136
1,382
1,578
801

11,015
2,974
8,041
1,340
1,575
802

11,047
3,002
8,045
1,347
1,569
796

11, 164
3,003
8,161
1,424
1,579
789

11, 288
3,021
8,267
1,479
1,599
787

11,496
3,047
8,449
1,604
1,622
795

2,250
5,818
467
329
161
7,084

2,265
5,859
468
330
163
7,122

2,278
5,979
486
331
165
7,130

2,289
6,041
492
335
169
7,203

2,320
6,089
521
339
173
7,150

2,342
6,137
580
342
167
6,947

2,355
6,137
583
337
162
6,960

2,321
6,105
512
334
165
7,213

2,312
6,045
478
333
167
7,298

2,313
6,010
472
332
165
7,342

do
do
- do _
do

51, 127
16, 879
9,766
7,113

51, 057
16, 804
9,703
7,101

51, 327
16, 918
9,799
7,119

51, 454
16, 909
9,766
7,143

51, 600
16, 877
9,752
7, 125

51,003
16, 460
9,392
7,068

51, 702
16, 890
9,784
7,106

51, 676
16, 864
9,779
7,085

51, 902
17, 026
9,919
7,107

51, 950
17, 043
9,977
7,066

52, 072 'r 52, 046
17, 080
17, 033
9,990 r 9,963
7,090
7, 070

__do
_ _ _ do_ _
do
- do_ _
do
do
do

780
2,924
4,131
11, 105
2,273
5,967
7,068

783
2,966
4,127
11, 027
2,276
5,979
7,095

798
3,003
4,128
11,120
2,278
5,979
7,103

794
3,055
4,141
11,110
2,289
5,981
7,175

808
3,132
4,164
11, 162
2,297
5,999
7,161

750
3,056
4,117
11, 152
2,296
6,017
7,155

809
3,076
4,147
11,211
2,320
6,017
7,232

814
3,078
4,149
11, 164
2,321
6,015
7,271

812
3,085
4,166
11,217
2,324
6,015
7,257

807
3,083
4,159
11, 230
2, 325
6,040
7,263

r
P803
'805
807
804
3,107 'r 3, 021 ' 3, 078 p 3, 107
4,156
4,151 p 4, 143
4, 174
11,250 ' 11, 304 ' 11, 353 p 11, 282
2,320 ' 2, 317 ' 2, 328 p 2, 321
6,067
6,081 P 6, 084
6,070
7,285 ' 7, 323 ' 7, 332 P 7, 338

Not in labor force
Employees in nonagricultural establishments^
Total, unadjusted (U. S. Dept. of Labor)
Manufacturing
Durable-goods industries _ _
Nondurable-goods industries

M^ininc; total
do
Metal
. do .
Anthracite
do
Bituminous coal
- ._.
do
Crude-petroleum and natural-gas production
thousands ..
Nonmetallic mining and quarrying
do _
Contract construction
do
Transportation and public utilities 9 do
Interstate railroads
. do
Local railways and bus lines
do
Trucking and warehousing*
__do
Telephone
do
Telegraph
do
Gas and electric utilities
_
_ _ _ __do
Wholesale and retail trade.
Wholesale trade
Retail trade 9
General-merchandise stores. _
Food and liquor stores
Automotive and accessories dealers

...do
do..
do
do
_ do.
do

Finance, insurance, and real estate
_ _ - do
Service and miscellaneous 9
- - - - --do. _
Hotels and lodging places
do _
Laundries
do
Cleaning and dyeing plants
_
__do
Government
do

Mining
___
Contract construction
Transportation and public utilities
Wholesale and retail trade
_
Finance insurance and real estate
Service and miscellaneous
. .
Government

r

68, 396

Civilian labor force, total
Employed
Agricultural employment
Nonagricultural employment
Unemployed
_

.

167, 715

do

Total labor force, including Armed Forces.

Total seasonally adjusted f
Manufacturing
Durable-goods industries
Nondurable -goods industries

r

_

••804
109
34
233

746
865
434
431
882

p 51, 344
v 16, 898
v 9, 922
p 6, 976

'805
r
109

P803
P107

'233

*229

'322
P107
105
106
' 2, 719 ' 2, 724 p 2, 796
4,103 v 4, 122
' 4, 112
1,140
106
804
••768
41
r
570

12,092 ' 11, 139 ' 11, 062 v 11,061
3,075 ' 3, 031 ' 3, 034 p 3,030
9,017 ' 8, 108 ' 8, 028 v 8, 031
1,975 ' 1, 392 ' 1, 339 p 1, 337
1,649 ' 1, 613 ' 1, 626 v 1, 619
P785
806
'783
'785
2, 308
5,976
466
330
164
7,602

' 2, 294 ' 2, 305 v 2, 309
5,929 P 5, 962
5,918
'458
'330
162
' 7, 315 ' 7, 349 p 7, 393
' 52, 105
' 16, 977
' 9, 929
' 7, 048

p 52, 008
p 16, 930
p 9, 891
p 7, 039

Production workers in manufacturing industries:
12, 514
13, 335
13, 245
13, 078
13, 036
13, 114
13, 125
13,312 r 13, 117 ' 13, 084 p 13, 048
Total (U. S. Dept. of Labor) f
thousands. _ 13, 212
13, 439
13, 353
7,541
7,602
7,674
7,621
7,692
7,081
7,613
7,791 ' 7, 703 ' 7, 680 p7,649
7,583
7,751
7,802
Durable-goods industries
do_ _
82
84
84
82
80
83
83
83
86
82
82
'79
Ordnance and accessories.
do
P79
81
1
2
Net
sales;
not
comparable
with
earlier
data
which
are
gross.
Comparable
figure
for
March
1956
is
$76,252,000.
See
note
marked
"0"
for
this
page.
' Revised.
*> Preliminary.
:See corresponding note on p. S-10.
d"1 Revised estimates for February 1953-December 1955 are available upon request; estimate for Jan. 1, 1956, 166,805,000.
9 Includes data for indusiries not shown.
0 Data beginning May 1956 are derived from an expanded sample of about 35,000 households in 330 areas. Data through April 1956 from the previous sample can be used as a continuous
series with the estimates beginning May 1956 but some allowance should be made for the sample expansion in interpreting April-to-May net changes. Figures for May 1956 based on former
sample, in order as shown above (thous.): 118,537; 70,604; 67,739; 65,159; 7,160; 57,999; 2,580; 47,933. The estimates beginning January 1957 reflect certain changes in definitions for employment
and unemployment as follows: Two small groups of persons formerly classified as employed are now classified as unemployed (except for the subgroup "in school and waiting to start new jobs"
which is now counted as not in the labor force). Estimates for March 1957 on the old basis, comparable with data shown tbrough 1956, in order as shown above (thous.): 119,899; 69,565; 66,749;
64,049; 5,442; 58,607; 2,700; 50,334. Data on the old basis for earlier months of 1957 are shown in previous issues of the SURVEY.
t Data beginning 1954 for employment, hours, and earnings have been adjusted to the 1st quarter 1955 benchmark and are not comparable with previously published figures. Revised data
for 1954-April 1955 may be obtained upon request to the U. S. Department of Labor, Bureau of Labor Statistics, Division of Manpower and Employment Statistics.
*New series. Figures relate to establishments primarily engaged in local or long-distance trucking, transfer, and draying services or in the storage of farm products and other goods.




SURVEY OF CURRENT BUSINESS

S-12

April 1957

1956

Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

February

March

April

May

June

July

1957
DecemOctober NovemAugust September
ber
ber

January

February

March

569

"556

'310
'458
' 1, 120

"309
"466
v 1, 117

EMPLOYMENT AND POPULATION—Continued
EMPLO YM ENT— Continued
Production workers in mfg. industries— Continuedf
Total (U. S. Dept. of Labor)— Continued
Durable-goods industries— Continued
Lumber and wood products (except furniture)
thousands. .
Sawmills and planing Tnills
do
Furniture and
fixtures
do
S tone , clay , and glass products
do
Primary metal industries 9
do
Blast furnaces, steel works, and rolling mills
thousands
Primary smelting and refining of nonferrous
metals
thousands
Fabricated metal prod, (except ordnance, machinery, transportation equipment)
thousands-Machinery (except electrical)
_- do. _
Electrical machinery
.
do
Transportation equipment 9do
Automobiles
do
Aircraft and parts
do
Ship and boat building and repairs
do
Railroad equipment
do
Instruments and related products
_ _ - do
Miscellaneous mfg. industries
do

'573
'313
'310
'461
' 1,130

635
348
322
466
1,138

619
344
318
472
1,130

642
350
315
478
1,136

667
359
311
480
1,117

696
369
311
484
1,118

688
366
304
473
743

700
368
316
482
1,091

681
359
321
478
1,126

664
351
322
484
1,132

634
339
318
479
1,132

607
327
318
473
1,133

567

563

568

557

564

211

552

572

569

567

565

54

55

55

55

56

57

54

59

58

59

59

59

899
1,274
849
1,392
713
519
106
46
231
400

893
1,281
842
1, 354
678
512
110
47
231
398

895
1,292
874
1,332
655
512
110
48
231
394

881
1,281
872
1,295
613
513
113
48
231
395

870
1,278
866
1,269
574
523
116
47
231
395

825
1,254
854
1,250
561
523
114
44
229
381

864
1,257
878
1,235
541
535
107
43
233
404

885
1,262
891
1,205
504
545
107
41
235
415

911
1,264
914
1,319
604
554
109
43
237
424

911
1,273
918
1,402
669
569
114
42
237
415

909
1,289
907
1,439
689
578
119
46
236
399

'906
'1,299
'892
'1,440
'683
'583
'121
47
'234
'377

"895
'903
'1,308 p 1, 307
"876
'883
' 1, 439 v 1, 431

'233
'378

"235
"378

5,520
1,013
259
68
140
169
110

5,504
1,021
262
71
140
169
115

5,440
1,023
256
74
147
170
117

5,423
1,051
258
77
159
172
120

5,476
1,104
262
81
188
175
129

6,433
1,158
265
83
238
174
132

5,704
1,276
268
81
353
175
127

5,752
1,312
269
77
390
174
125

5,688
1,226
274
73
288
176
123

5,551
1,131
278
71
196
175
123

5, 521
1,082
278
70
161
173
117

' 5, 414
' 1, 027
270
69
143
169
'111

'5,404
'1,005

"5,399
"1,005

90
989
440
205

82
981
438
203

79
971
436
200

80
963
432
202

80
960
432
204

77
922
414
198

103
950
426
206

113
949
423
205

110
952
423
207

101
949
422
204

98
942
421
198

'92
'929
'417
'192

88
'925

"79
"921

1,131
456
230

1,116
457
231

1,068
460
232

1,049
462
234

1,049
466
238

1,020
461
236

1,082
469
239

1,079
470
238

1,091
468
236

1,088
467
235

1,088
470
239

' 1, 071
465
237

'1,090
'462

"1,096
"462

540
558
221
170
129
225
93
350
230

545
566
221
172
130
221
93
344
227

547
569
221
171
130
219
92
332
218

547
559
220
172
130
216
92
325
214

549
552
219
175
132
209
90
334
219

544
544
213
170
134
208
90
330
216

550
549
217
178
135
211
90
338
219

557
553
215
176
133
215
92
329
212

564
554
214
175
132
220
92
328
210

564
550
214
175
133
199
75
327
211

566
552
215
173
132
222
93
329
215

'557
'555

"560
"557

'172

"172

'219

"216

'331

"331

Production workers in manufacturing industries,
seasonally adjusted:
Totalf
•
thousands
Durable-goods industries
do
Nondurable-goods industries
do

13,263
7,681
5,582

13,158
7,594
5,564

13, 251
7,675
5,576

13, 224
7,633
5,591

13, 149
7,592
5,557

12,693
7,197
5,496

13, 115
7,583
5,532

13, 080
7,571
5,509

13,248
7,714
5,534

13, 244
7,752
5,492

Production workers in manufacturing industries:
Indexes of employment: f
Unadjusted ...
1947-49=100.
Seasonally adjusted
_
do

106.8
107.2

106.1
106.4

106.0
107.1

105.4
106.9

105.7
106.3

101.2
102.6

107.1
106.0

107.8
105.7

108.7
107. 1

108.0
107.1

107.6
107.2

2. 134. 0
207.9

2, 135. 8
207.9

2, 142. 1 2, 150. 0
207.6
207.8

2, 166. 6
211.7

2, 182. 0
212.8

2, 181. 1 2, 169. 1
211.9
209.2

2, 175. 9
210.1

2, 174. 7
210.4

12,456.2
i 218. 5

1,075

1,075

1,083

1,097

1,110

1,058

1,071

1,075

1,075

1,062

1,054

f 1,029

v 1, 022

80.7
80.8

80.7
81.4

81.3
82.4

82.4
81.3

83.4
81.6

80.0
78.3

80.4
79.0

80.7
80.5

80.7
82.3

79.7
81.5

78.8
80.5

"77.2
"76.5

P76.6
"76.7

157.7

157.9

158.2

157.3

158.2

151.0

161.4

165.8

168.7

167.7

170.9

' 165. 1

'164.7

Nondurable-goods industries
__
Food and kindred products 9 Meat products
Dairy products
Canning and preserving
Bakery products
Beverages

do __
do
do
do
do
do
do

Tobacco manufactures .
do
Textile-mill products 9 _
do
Broad-woven fabric mills
do
Knitting mills
do
Apparel and other finished textile products
thousands- .
Paper and allied products. ... ...
do
Pulp, paper, and paperboard mills
do
Printing, publishing, and allied industries
thousands. _
Chemicals and allied products _.
do
Industrial organic chemicals
do
Products of petroleum and coal-.. _. _. do .
Petroleum refining
do
Rubber products
do
Tires and inner tubes
do
Leather and leather products
do
Footwear (except rubber)
do

Miscellaneous employment data:
Federal civilian employees (executive branch) :
United States continental
thousands
Washington, D. C., metropolitan area
do
Railway employees (class I steam railways):
Total
thousands
Indexes:
Unadjusted
1947-49=100.
Seasonally adjusted
do

' 562

557
553
'216
' 170
'131
222
94
'327
217

13, 262 '13,204 ' 13, 131 " 13, 074
7,754 ' 7, 715 ' 7, 665 " 7, 618
5,508 ' 5, 489 ' 5, 466 P 5, 456
' 106.0
106.8

' 105. 8
106.2

P 105. 5
" 105. 7

2, 170. 1 p 2, 173. 3
211.4 p 212. 1

PAYROLLS
Manufacturing production-worker payroll index, unadjusted (U. S. Dept. of Labor) f . 1947-49=100

" 163. 4

LABOR CONDITIONS
Average weekly hours per worker (U. S. Dept. of
Labor) :f
41.0
'40.2
40.5
40.2
40.2
40.3
40.7
40.1
40.4
40.1
40.3
40.5
40.7
p 40.0
All manufacturing industries
hours
3.1
2.6
2.6
2.5
3.0
2.7
2.7
3.1
2.6
3.1
2.7
"2.4
2.7
2.8
\verage overtime*
_ ._
do
41.9
'40.9
41.2
40.9
41.4
40.8
40.8
40.8
41.4
40.7
40.9
41.1
41.0
"40.7
Durable-goods industries
do .
3.5
'2.9
3.3
3.3
2.9
2.8
'2.6
2.9
2.8
"2.6
3.3
2.9
3.0
2.9
Average overtime*
do
42.6
42.0
41.8
'41.9
'42.0
42.1
41.2
41.6
41.7
41.3
42.3
41.6
"41.8
41.8
Ordnance and accessories - __ _ _
do
Lumber and wood products (except furniture)
39.8
'39.1
39.5
40.0
40.9
40.5
41.4
40.3
40.1
39.6
"39.3
40.8
40.0
39.9
hours39.4
38.7
39.9
40.5
40.7
41.2
40.5
41.1
39 8
40.3
40 0
40 1
Sawmills and planing mills
do
41.4
39.9
41.3
39.8
40.6
40.3
40.2
'40.1
40.2
41.0
"40. 3
41.6
41.1
41.1
Furniture and
fixtures
. _ _ - do
41.2
41.5
'40.3
41.1
41.4
'40.7
P40. 6
41.1
41.3
41.0
41.0
41.3
41.1
41.0
Stone, clay, and glass products
do. 41.2
40.4
41.0
40.6
41.2
40.9
41.0
"40.0
39.7
40.3
41.2
41.0
40.8
41.1
Primary metal industries 9
do
Blast furnaces, steel works, and rolling mills
40.9
'40.9
40.3
41.2
40 5
38.7
40.7
38.9
40 6
40 4
40 3
40 4
hours
Primary smelting and refining of nonferrous
40.9
'41.2
41.3
41.1
41.3
41.3
41.6
40.8
41.7
41.2
41.6
40.9
metals
_
.- .. hoursFabricated metal prod, (except ordnance, ma42.1
41.4
'41.1
"41.1
40.8
40.8
41.9
41.7
41.0
40.7
40.8
41.1
41.0
41.1
chinery, transportation equipment)
hours42.6
41.8
42.2
42.2
42.1
'41.8
"41.6
41.8
41.7
42.0
41.7
42.5
42.4
42.6
Machinery (except electrical)
do...
r
l
Revised.
" Preliminary.
Includes Post Office employees hired for Christmas season; there were about 284,000 (revised) such employees in continental U. S. in December 1956.
tSee note marked "t" on P- S-ll.
9 Includes data for industries not shown.
*New series. Overtime hours (in excess of hours for either the straight-time workday or workweek) for which premiums were paid. Weekend and holiday hours are included only if premium wage rates were paid; hours for which only shift differential, hazard, incentive, or other types of premiums were paid are excluded. Data prior to January 1956 are not available.




SURVEY OF CURRENT BUSINESS

April 1957

S-13
1957

1956

Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

February

March

April

May

June

July

DecemAugust Septem- October November
ber

January

February

March

40.6
Ml. 3

P40.6
p40. 6

Ml.O
MO. 3

Ml. 4
P40.4

EMPLOYMENT AND POPULATION—Continued
LABOR CONDITIONS— Continued
Average weekly hours per worker, etc.— Continued f
All manufacturing industries— Continued
Durable-goods industries— Continued
Electrical machinery
hours
Transportation equipment 9 -.
...do
Automobiles
_
do
Aircraft and parts
do
Ship and boat building and repairs
do
Railroad equipment
do
Instruments and related products
do
Miscellaneous mfg. industries
.do
Nondurable-goods industries
Average overtime*
Food and kindred products 9
Meat products
Dairy products
Canning and preserving
Bakery products
Beverages
Tobacco manufactures.
Textile-mill products 9
Broad-woven fabric mills
Knitting mills

40.6
39 9
38.4
42.0
39.3
40.4
41.0
40.6

40.7
40.4
39.5
41.7
39.4
41.0
40.8
40.4

41.0
40.6
39.9
41.7
39.8
40.8
41.1
40.5

40.7
39.6
37.6
41.8
40.3
40.4
40.8
40.2

40.6
39.9
38.3
41.7
40.1
40.2
40.6
40.1

40.1
40.8
39.9
41.9
40.0
41.0
40.5
39.6

40.5
40.8
39.7
42.2
39.9
38.5
40.7
40.2

41.1
41.3
40.6
42.3
39.8
40.7
41.0
40.3

41.2
41.8
41.8
42.3
39.7
40.5
41.0
40.7

41.0
42.2
42.8
42.4
38.9
39.5
40.8
40.3

41.2
43.6
45.2
42.8
40.3
40.7
41.0
40.6

40.4
Ml. 7
Ml. 3
M2.6
40.2
MO. 5
MO. 7
MO.O

do
do. __
do
do
do
do
do
do

39.8
2.5
40.7
41.3
42.8
38.4
40.5
39.8

39.6
2.5
40.6
41.6
42.7
37.5
40.3
39.9

39.2
2.4
40.2
40.3
42.3
37.3
40.3
40.0

39.1
2.3
40.6
40.8
42.8
38.4
40.7
40.2

39.2
2.4
41.2
41.8
43.6
39.0
40.9
40.8

39.4
2.5
41.2
41.5
43.4
39.7
41.0
41.3

39.6
2.5
41.4
41.0
42.7
42.0
40.5
40.8

39.8
2.8
42.2
42.8
42.9
42.9
40.9
39.9

39.8
2.7
41.3
41.8
42.5
41.0
40.6
39.7

39.6
2.7
41.3
43.4
42.5
37.2
40.5
39.8

39.8
2.6
41.0
41.8
42.1
38.1
40.4
40.0

'39.2
2.3
40.3
41.3
Ml. 7
'37.9
'39.8
39.2

'39.3
'2.3
MO. 2

p39. 2
P2.3
P40.0

do_
do
do
do

36.6
40.5
41.0
38.6

37.8
39 9
40.7
37.8

37.9
39.3
40.2
36.7

38.8
38.9
39.7
37.2

39.2
38.7
39.1
37.5

38.8
38.7
38.9
37.4

39.1
39.2
39.3
38.0

40.9
39.3
39.5
37.8

39.6
40.0
40.6
38.4

38.8
40.2
40.7
38.3

39.8
40.2
40.9
37.7

'38.8
39.1
39.6
'36.8

38.4
'39.0

P36.9
P38.8

37.4
42.7
44.1

36.7
43.0
44.4

36.2
42.8
44.2

35.7
42.4
43.9

35.5
42.7
44.2

35.8
43.0
44.6

36.5
42.6
43.9

36.0
43.0
44.1

36.4
42.9
44.0

36.1
42.8
43.8

36.3
43.0
44.2

'35.9
42.4
43.9

'36.5
M2. 4

P36.6
P42.3

38.6
41.3
40.9
40.7
40.5
40.1
39.4
39.5
39.7

39.0
41.2
40.7
41.2
40.6
39.5
38.9
38.2
38.2

38.8
41.2
40.8
41.2
41.3
39.9
39.2
36.6
36.0

38.7
41.3
40.9
40.7
40.5
39.9
39.7
36.5
35.8

38.6
41.3
41.3
41.1
40.7
39.5
39.3
37.3
36.7

38.6
41.1
41.0
41.8
41.5
39.7
39.1
38.0
37.9

38.8
40.9
40.7
40.9
40.5
40.2
40.0
37.6
37.1

39.0
41.4
41.1
41.7
41.4
40.5
40.2
36.9
36.0

39.1
41.3
41.0
40.8
40.5
40.8
40.1
36.9
35.9

38.6
41.4
41.1
40.9
40.9
40.5
40.6
36.9
36.1

39.1
41.6
41.3
41.0
41.1
41.4
41.7
37.7
37.2

'38.3
41.2
Ml.O
Ml. 1
Ml. 3
Ml.O
Ml. 4
38.0
37.9

'38.4
Ml.l

P38.6
Ml.l

MO. 8

P40.8

MO. 8

P40.8

'38.2

P37.8

42.5
33.3
38.5

41.9
28.3
38.2

42.4
30.9
37.8

43.2
29.2
38.0

42.7
33.7
38.1

42.3
35.6
36.1

40.1
33.3
37.0

42.6
33.8
37.9

41.8
35.4
37.8

41.3
33.9
36.2

42.7
36.3
38.7

Ml. 9
'35.9
'37.5

40.3
43.5
36.0
38.7
35.5

40.4
43.0
35.0
37.5
34.6

41.3
44.4
36.5
39.2
36.0

40.3
45.1
37.2
40.7
36.5

40.0
45.9
38.1
42.3
37.2

41.9
45.6
37.9
42.4
37.0

40.6
45.2
38.1
42.4
37.2

42.4
45.8
38.4
42.8
37.4

40.6
45.6
38.3
42.4
37.4

40.6
44.5
36.4
39.7
35.7

41.5
43.6
36.7
39.2
36.2

41.6
M2.0
34.5
37.2
34.0

42.8
39.1
41.6
41.1

42.9
39.1
41.7
41.1

42.7
39.1
42.0
41.3

43.5
39.0
42.6
41.1

43.8
39.3
42.3
41.3

43.3
39.9
42.2
41.4

43.3
39.4
42.5
41.2

43.0
39.9
42.0
41.4

43.2
39.8
42.0
41.0

43.2
41.0
41.6
41.5

43.4
39.3
41.6
41.2

M3.0
'38.7
41.7
Ml.O

Apparel and other finished textile products
hours..
Paper and allied products
do. .
Pulp, paper, and paperboard mills
do
Printing, publishing, and allied industries
hours. .
Chemicals and allied products
_ __
do
Industrial organic chemicals
do
Products of petroleum and coal
_ ^do
Petroleum refining
do
Rubber products
do
Tires and inner tubes
_
do
Leather and leather products
do
Footwear (except rubber)
....do
Nonmanufacturing industries:
Mining:
Metal
do
Anthracite
do
Bituminous coal
do
Crude-petroleum and natural-gas production:
Petroleum and natural-gas production. -hours ..
Nonmetallic mining and quarrying
do
Contract construction
do
Non building construction
do
Building construction
do
Transportation and public utilities:
Local railways and bus lines
do
Telephone
do
Telegraph
do
Gas and electric utilities
do
Wholesale and retail trade:
Wholesale trade
do
Retail trade (except eating and drinking places) 9
hours ._
General-merchandise stores
do
Food and liquor stores
do
Automotive and accessories dealers
do
Service and miscellaneous:
Hotels year-round
do
Laundries
_
do
Cleaning 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
number
Workers involved
thousands
Man -days idle during month
do
U. S. Employment Service placement activities:
Nonagricultural placements
thousands
Unemployment compensation, State and UCFE programs (Bureau of Employment Security) :
Initial claims cf
thousands
Insured unemployment, weekly average d*
do
Benefit payments:
Beneficiaries, weekly average cf
do
Amount of paymentsc?
thous ofdol
Veterans' unemployment allowances:
Initial claims§
thousands
Insured unemployment, weekly averagedo
Beneficiaries weekly average
do
Amount of payments
thous. of dol

40.3

40.2

40.2

40.3

40.3

40.5

40.3

40.6

40.5

40.4

40.7

40.2

38.5
34.9
37.3
43.6

38.4
34.8
37.3
43.8

38. 4
34.6
37.2
43.8

38.3
34.4
37.2
43.6

38.7
35.0
38.1
43.7

39.1
35.5
38.6
43.9

39.1
35.6
38.3
43.7

38.5
34.9
37.6
43.6

38.2
34.6
37.2
43.8

38.0
34.1
37.1
43.7

38.6
36.2
37.0
43.8

'38.1
34.6
36.8
'43. 8

41.0
40.1
38.7

41.2
40.1
39.0

41.3
40.5
39.9

40.8
40.9
41.2

40.8
40.9
40.7

41.0
40.4
39.6

40.8
39.9
38.1

40.6
40.2
39.8

40.7
40.2
39.7

40.6
39.9
39.5

40.7
40.1
39.1

MO. 4
'39.8
'38.7

250
70

250
50

350
140

450
190

350
115

400
620

350
125

325
150

325
130

200
150

150
40

225
60

225
60

350
190
2,200

350
175
2,000

450
210
1,500

550
280
2,800

500
235
2,100

550
710
13,600

550
725
3,200

550
215
1,500

525
190
1,000

375
210
1,500

300
100
800

325
80
550

350
130
825

402

450

504

567

558

519

577

591

599

474

410

433

387

1,049
1,535

936
1,472

984
1,359

993
1,255

863
1,178

1,119
1,209

837
1,059

761
988

834
878

973
1,013

1,229
1,285

'1,565
1,737

1,002
1,730

1,309
143, 923

1,313
151, 998

1,219
133, 926

1,064
125, 786

1,072
116, 040

976
111, 708

932
112, 207

889
94, 919

752
91,476

796
91, 700

941
104, 245

1,453
177, 598

1,530

164,860

29
61
73
7,050

25
57
72
7,274

20
44
59
5,722

20
35
44
4,694

29
37
46
4,452

127
41
48
4,970

127
42
52
5,630

U8
33
48
4,499

i 18
24
30
3,258

121
28
31
3,168

123
35
40
3,883

131
45
53
5,572

123
49
62

5,594

Labor turnover in manufacturing establishments:
4.1
3.1
3.3
3.4
3.1
'3.2
3.0
3.8
4.2
3.3
2.3
4.2
P2.8
Accession rate
monthly rate per 100 employees..
4.4
3.2
3.6
3.5
3.4
3.3
2.8
3.3
3.9
3.4
3.7
3.5
Separation rate, total.
_ _
... _ do
.3
.2
.3
.3
.2
.3
.3
.2
.3
.3
.3
p',2
.3
Discharge
do
1.4
1.2
1.2
1.8
1.4
1.4
1.5
1.5
1.6
pl.4
1.3
1.6
1.3
Lay-off
... do
2.6
2.2
1.6
1.3
1.5
1.5
1.4
1.3
Pl.2
1.0
1.3
1.7
1.6
Quit
do
.2
.2
.2
.2
.2
.2
.2
.2
.2
.3
.2
.2
p. 2
Military and miscellaneous
do
l
' Revised.
» Preliminary.
See note marked "§".
fSee note marked "f" on p. S-ll.
9 Includes data for industries not shown.
*New series. See note on p. S-12.
cf Data for the UCFE program are included in initial claims, beneficiaries, and benefit payments effective January 1955 and in insured unemployment effective March 1955.
§ Beginning July 1956, figures include transitional claims which are excluded from earlier data. In June 1956, the number of transitional claims totaled 267.




1,592

SUEVEY OF CUERENT BUSINESS

S-14

Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of FebruBUSINESS STATISTICS
ary

April 1957

1956

March

April

May

June

July

1957

DecemAugust SeptemOctober November
ber
ber

January

February

March

EMPLOYMENT AND POPULATION—Continued
WAGES
Average weekly gross earnings (U. S. Department of
Labor) :f
All manufacturing industries
dollars
Durable-goods industries
_do.__
Ordnance and accessories
do _
Lumber and wood products (except furniture)
dollars. _
Sawmills and planing mills
do
Furniture and
fixtures..
__ ___do ___
Stone, clay, and glass products
do

78.17
84.05
88.19

78 78
84.25
88.80

78.99
85.49
90.29

79 00
84 86
90 71

79 19
85.27
91 52

79 00
84.25
91.74

79 79
85.68
90.64

81 40
88.60
93.88

82.21
89.01
95.18

82.42
88.99
94.50

84 05
91.34
96.70

' 82. 41

66.80
67.37
67.82
77.90

67.72
69 25
68.47
78.31

70.22
70.80
67.13
79.32

71.38
73 26
66 63
80 51

73.71
75 62
67.70
80 73

72.54
73.75
67.13
80.36

74.93
75 81
69.87
80.95

74.44
74.52
70.62
80.97

73.03
73.71
71.55
81.77

71.20
71.82
69.43
81.79

69.65
69.74
71.62
82.40

'r 67. 25
67. 73

82.41 J» 82. 00
89. 16 ' 88. 75 p 88. 73
' 95. 76 r 96. 37 P96.56
r

68.06

f

81. 00

Primary metal industries 9
.do _
Blast furnaces, steel works, and rolling mills
dollars
Primary smelting and refining of nonferrous
rnetals
dollars
Fabricated metal prod, (except ordnance, machinery, and trans, equip.) _
dollars
Machinery (except electrical)
do
Electrical machinery
do

95.35

95.12

96.00

95 53

95.71

91.48

93.69

100. 12

98.74

99.06

100. 94

99.38

99 14

99 79

100 69

100 94

96 47

97 14

107 53

104 90

105. 18

107 16

88.34

88 99

89.86

89 62

90 45

93.41

91.39

94.85

93.75

93.30

93.25

r

83.02
92.44
78.36

83.23
92.01
78.96

83.84
92.65
80.36

83.23
92.00
80 18

84.46
91.98
79 98

83.64
91.74
79.40

84.25
92.16
80.60

87.99
94.95
83.02

89.25
94.73
83.64

88.18
94.05
83.64

90.52
96.70
84.46

86.90
94.47
r

Transportation equipment 9
Automobiles
Aircraft and parts
Ship and boat building and repairs
"Railroad equipment

do
do
do
do
do

89.38
87.55
92.82
85.28
94.13

90.90
89 67
92 57
86.68
95 53

91.76
90.97
93 83
87.16
95.88

89
85
94
88
94

89
73
47
26
54

91.37
88 47
94 66
89.02
95 27

93.84
92.97
95.95
88.80
97.17

94.25
93.30
97.06
90.17
89.71

97.88
99.47
97 71
90.35
97.68

99.48
102. 83
97.71
90.12
97.61

100. 86
106. 14
98.37
89.86
94.01

Instruments and related products
Miscellaneous mfg. industries

do
do _

80.36
69.43

80.38
69.89

81.38
70.47

81 19
69.95

80.79
69.77

81.41
68.90

82.21
69.95

83.64
70.53

83.64
72.04

83.64
71.33

Nondurable-goods industries
Food and kindred products 9
Meat products
Dairy products
Canning and preserving
Bakery products
Beverages

_

do
_ _do _
do
do
do
do
do

Tobacco manufactures
do Textile-mill products 9
do Broad-woven fabric mills
do Knitting mills
do
Apparel and other finished textile products
dollars ..
Paper and allied products
.
do_Pulp, paper, and paperboard mills
do
Printing, publishing, and allied industries
dollars. .
Chemicals and allied products
do
Industrial organic chemicals do _ _
Products of petroleum and coal..
Petroleum refining
Rubber products. _
._ ._ _. _
Tires and inner tubes
Leather and leather products
Footwear (except rubber)
.-

do
do.-.
do do
do
do

Nonmanufacturing industries:
Mining:
Metal
do
Anthracite
do
Bituminous coal
__
do
Crude-petroleum and natural -gas production:
Petroleum and natural-gas production
dollars .
Nonmetallic mining and quarrying
do Contract construction
do
Nonbuilding construction
do
Building construction __
do Transportation and public utilities:
Local railways and bus lines
do
Telephone
do -.
Telegraph
do
Gas and electric utilities
do
Wholesale and retail trade:
Wholesale trade
do
Ketail trade (except eating and drinking places) 9
dollars. .
General-merchandise stores
do
Food and liquor stores
.do
Automotive and accessories dealers
do
Finance, insurance, and real estate:
Banks and trust companies
Service and miscellaneous:
Hotels year-round
Laundries
Cleaning and dyeing plants. _T
Revised.
v Preliminary.
tSee note marked "f" on p. S-ll.
9 Includes data for industries not shown.




101. 27
r

68.73

P68.38

'68.97
r
81. 40

* 69. 72
P 81. 61

'98.98

P 98. 00

108. 79
94. 35
' 87. 54 p 87. 95
' 94. 89 P 94. 85

83.64

P83.64

105. 95 ' 99. 25 '98.29
113. 90 ' r100. 77
99. 26
100. 15
94.30 r 93.26
99. 23
99.31

v 96. 63

82. 82

84.46
72.67

f 84. 25
' 72. 40

' 84. 87
' 72. 94

P 86. 53
p 73. 53

r
r

p73 30

69.65
74.48
85.08
73.62
58.75
72.09
82.78

70.49
75.11
86.11
73 44
59.63
71.33
84 59

70.17
74.37
83.42
73.18
59.68
71.73
84 40

70 38
75.11
84.46
73 62
60.67
73 26
84 82

70 95
76.22
86.94
75 86
60.06
74 03
87 72

71.71
76.22
86.32
75.95
61.54
74.21
89.62

71.68
75.35
84.46
74.30
65.52
73.71
88.13

72.44
76.80
89.45
75.93
67.35
74.85
85.39

72.83
76.41
88.20
74.80
65.60
74.30
84.96

73.26
78.88
95.91
75.65
58.03
74.93
86.37

74.03
78.72
91.96
75.78
61.72
73.93
86.80

' 72. 91
78.18
91.69
r
75. 48
'r 62. 16
73. 23

50.87
57.51
56.17
52.88

55.57
57. 06
56.17
53 30

56.47
56.20
55.07
52 11

58 20
56.02
55 18
52 82

59 19
55.73
53 96
52 88

58.59
55.73
53.68
52.73

55.13
56. 45
54.23
53.58

56.03
56.99
54.51
53.68

54.25
59.20
58.46
54.91

55.87
60.30
59.02
55.15

58.51
60.30
59.31
54.29

' 57. 42 ' 57. 22 P56 09
'58.50 v 58. 20
f 58. 65

51.61
79.85
87.32

52.48
81.27
88.80

51.77
81.32
88.40

50.69
80.98
88.68

51.12
82.41
90.61

51.91
84.28
93.21

53.29
83.92
92.19

52.92
84.71
93.05

53.87
84.94
93.28

53.07
84.74
92. 8b

54.09
85.57
94.15

' 53. 13

' 54. 02
' 84. 80

91.87
84.67
89.57

93.60
84.46
89.54

93.51
85.28
90.98

93.65
86.32
91.62

93.80
87.14
93.34

93.80
87.54
93.07

94.28
87.12
92.39

95.94
88.18
94.12

95.80
87.97
93.48

94.57
88.18
94.12

96.19
89.44
94.99

r

'94.85

99.72
103. 68
85.81
97.71
57.67
55.98

103. 82
107. 18
84.93
97.25
56.92
55.39

104. 65
110. 27
85.79
98.00
54.90
52.20

102. 97
107. 73
86.18
99. 65
54.75
51.91

104. 81
108. 67
84.93
98. 25
55.95
53.22

107. 01
111.22
86.15
98.14
57.00
54.96

103. 89
107. 73
87.64
101. 20
56.40
54.17

108. 00
111.78
89.51
102. 51
55.72
52.56

104. 45
108. 14
90.17
102. 66
56.09
52.41

105. 11
109. 20
88.29
103. 53
56.09
52.71

105. 37 ' 106. 45 ' 104. 45 p 104. 45
109. 74 ' T110. 68
93.15
91. 84 '90.98 P90 58
109. 25 r 107. 64
57.30
58.14
'58.83 P 58. 21
54.31
55.71

96.48
85.58
103. 18

95.11
71 32
102.38

96.67
80.34
105. 46

98.50
70 66
106. 02

97.36
88 63
107. 82

96.02
92.20
102. 16

92.63
87.25
102. 49

100.54
87.88
106. 12

97.39
94.87
110. 38

96.23
91.19
106.79

99.92
107. 45
115. 33

97.93
81. 35
96.84
94.43
97.27

99.38
81.27
94.50
91.88
95.15

103. 25
83.92
98.19
94.86
99.00

99.94
85.69
100. 44
99.31
100. 74

99.60
88.59
103. 25
104. 90
103. 42

106. 01
88.01
103. 09
105. 15
103. 23

100. 28
87.69
104. 78
106. 42
104. 53

107. 70
89.77
106. 37
108. 28
106. 22

101. 09
89.83
106.86
108. 12
106.59

101. 50
87.22
102. 28
100.84
102. 46

104. 58
85.46
103. 86
99.96
104. 62

82.60
71.94
78.21
88.37

83.23
71.94
78.81
89.19

83.27
72.34
79.38
90.45

84.83
72.15
80.94
90.42

85.85
73.10
85.87
91.69

85.73
74.21
85.24
92.32

85.30
72.89
86.28
91.88

85.14
74.21
85.26
92.74

85.54
74.03
85.26
92.66

85.97
77.08
84.03
94.21

86.80
75.46
84.03
93.94

78.99

80.00

80.80

81.00

81.41

82.22

81.41

82.82

82.32

82.82

83.84

59.29
42.58
61.92
78.92

59.14
42.11
61.92
80.15

59.90
42.90
62.50
81.03

59.75
42.66
62.87
81.10

61.15
44.10
64.39
83.03

62.17
44.73
65.62
83.41

61.78
44.50
64.73
82.16

61.22
43.97
64.30
81 97

60.74
43.60
63.61
81.03

60.42
42.63
63.81
81.72

59.83
43.80
63.27
81.91

61.53

62.11

61.79

61.93

62.55

62.35

62.86

42.43
42.95
51.69

42.23
42.42
49.90

42.43
41.90
48.39

42.22
42.61
50.94

42.74
42.61
50.82

42.63
42.29
50.56

43.14
42.91
50.05

do.- -

61.61

61.75

61.89

61.51

do
do
do

41.41
40.90
47.21

41.20
41.70
47.97

41.71
42.12
49.88

42.02
42.54
51.91

73. 10
77. 99

P78.00

84.67
57.42
52.99

r

84.38
93.07

93. 84

88.58
'94.30

r

r
T

98. 05
105 55
110. 63

104.83

r

r

82. 32

98.33
94.86
98.94

r
r

86. 86
73. 92

86.32
r
93. 07

82.81
' 61. 34
43. 94
r

T

63.66

82. 34

••63.82
'42 42
42. 59
' 49. 92
r

P 54. 17
P 84. 60

P 95. 73
' 88. 78 P 88. 78

SURVEY OF CURRENT BUSINESS

April 1957

S-15
1957

1956

Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

February

March

April

May

June

July

DecemAugust Septem- October November
ber

Janu- February | ary

March

EMPLOYMENT AND POPULATION—Continued
WAGES— Continued
Average hourly gross earnings (U. 8. Department of
Labor) :f
All manufacturing industries
dollars
Excluding overtime* do
Durable-goods industries
do__
Excluding overtime*
do
Ordnance and accessories
do
Lumber and wood products (except furniture)
dollars. .
PawmiH^ ?vnd nlaning mills
do
Furniture and
fixtures
do
Stone, clay, and glass products
___do
Primary metal industries 9 do
Blast furnaces, steel works, and rolling mills
dollars
Primary smelting and refining of nonferrous
metals
-_ .-. dollars
Fabricated metal prod, (except ordnance, machinery, transportation equipment)., dollars. .
Machinery (except electrical) _
do
Electrical machinery
do .

1.93

1 86
2.05
1 98
2.12

1.95
1 88
2.06
1 99
2.15

1.96
1 90
2.08
2 00
2.16

1 97
1 90
2.08
2 01
2.17

1 97
1 91
2 09
2 02
2.20

1.97
1 90
2.07
2 01
2.20

1.98
1.91
2.10
2 03
2.20

2.00
1 93
2.14
2 06
2.23

2.02
1.94
2.15
2 06
2.25

2.03
1.96
2.16
2 08
2.25

2.05
1.97
2.18
2 09
2.27

2.05
1.98
'2.18
2.10
2.28

1.67
1 68
1.65
1.90
2.32

1.71
1 74
1.67
1.91
2.32

1.76
1 77
1 67
1.93
2 33

1.78
1 80
1 67
1.94
2 33

1.82
1 84
1 68
1.95
2 34

1.80
1 83
1.67
1.96
2.27

1.81
1 84
1.70
1.96
2.36

1.82
1 84
1.71
1.97
2.43

1.79
1 82
1.72
1.98
2.42

1.78
1 80
1.71
1.99
2 44

1.75
1 77
1.73
2.00
2.45

1.72
••1.75
1.71
'2.01
2.47

2.46

2.46

2.47

2.48

2 48

2.48

2.51

2.61

2.59

2.61

2.62

••2.66

2.16

2.16

2.16

2.17

2.19

2.24

2.24

2.28

2.27

2.27

2.28

2.29

2.02
2.17
1.93

2.03
2.17
1.94

2.04
2.18
1.96

2.04
2.18
1.97

2.06
2 19
1.97

2.05
2.20
1.98

2.07
2.21
1.99

2.11
2.25
2.02

2.13
2.25
2.03

2.13
2.25
2.04

2.15
2.27
2.05

2.13
2.26
'2.05

2.05

"2.05

'2.17

"2. 18

'2.30

"2.31

1.74

"1.74

1.72
2.00
'2.45

»1. 73
"2.01
"2.45

'2.13
2.27
2.06

"2. 14
"2. 28
"2.06

2.38

"2.38

'2.07
'1.81

"2.09
"1.82

Transportation equipment 9
Automobiles
Aircraft and parts
Ship and boat building and repairs
Railroad equipment
.
Instruments and related products
Miscellaneous mfg. industries

do
do
do
do
do
do
do

2.24
2.28
2.21
2.17
2.33
1.96
1.71

2.25
2.27
2.22
2.20
2.33
1.97
1.73

2.26
2 28
2.25
2.19
2.35
1.98
1.74

2 27
2 28
2.26
2 19
2.34
1.99
1.74

2 29
2 31
2 27
2 22
2.37
1.99
1.74

2.30
2.33
2.29
2.22
2.37
2.01
1.74

2.31
2 35
2.30
2.26
2.33
2.02
1.74

2.37
2 45
2.31
2 27
2.40
2.04
1.75

2 38
2 46
2.31
2 27
2.41
2.04
1.77

2 39
2 48
2 32
2 31
2.38
2.05
1.77

2.43
2 52
2.34
2.34
2.44
2.06
1.79

••2.38
' 2 44
2.33
2.32
2.45
2.07
'1.81

Nondurable-goods industries
Excluding overtime*
__ _ _
Food and kindred products 9
Meat products
Dairy products
Canning and preserving
Bakery products
Beverages

do
do
do
_ do
do
do
do
do

1.75
1.70
1.83
2.06
1.72
1.53
1.78
2.08

1.78
1.73
1.85
2.07
1.72
1.59
1.77
2.12

1.79
1.74
1.85
2.07
1.73
1.60
1.78
2.11

1.80
1.75
1.85
2.07
1.72
1.58
1.80
2.11

1.81
1 76
1.85
2.08
1.74
1.54
1.81
2 15

1.82
1.77
1.85
2.08
1.75
1.55
1.81
2.17

1.81
1.75
1.82
2.06
1.74
1.56
1.82
2.16

1.82
1.76
1.82
2.09
1.77
1.57
1.83
2.14

1.83
1.78
1.85
2.11
1 76
1.60
1.83
2 14

1.85
1 79
1.91
2.21
1 78
1.56
1 85
2 17

1.86
1.80
1.92
2.20
1.80
1.62
1.83
2.17

1.86
1.81
1.94
2.22
1.81
••1.64
1.84
2 16

1.86

"1.87

1.94

"1.95

Tobacco manufactures
do
Textile-mill products 9
do _
Broad-woven fabric mills
do
Knitting mills
do
Apparel and other finished textile products
dollars. .
Paper and allied products
do
Pulp, paper, and paper board mills _ do ._
Printing, publishing, and allied industries, .do
Chemicals and allied products..
do
Industrial organic chemicals
do

.39
.42
.37
.37

1.47
1.43
1.38
1.41

1.49
1.43
1.37
1.42

1.50
1.44
1.39
1.42

1.51
1.44
1.38
1.41

1.51
1.44
1.38
1 41

1.41
1.44
1.38
1.41

1.37
1.45
1.38
1.42

1.37
1.48
1.44
1.43

1 44
.50
.45
.44

1.47
1.50
1.45
1.44

1.48
'1.50
1.45
1.44

' 1.49
1.50

"1 52
v 1. 50

.38
.87
1.98
2.38
2.05
2.19

1.43
1.89
2.00
2.40
2.05
2.20

1.43
1.90
2.00
2.41
2.07
2.23

1.42
1.91
2.02
2.42
2.09
2.24

1.44
1.93
2.05
2.43
2.11
2.26

1.45
1.96
2.09
2.43
2.13
2.27

1.46
1.97
2.10
2.43
2.13
2.27

1.47
1.97
2.11
2.46
2.13
2.29

1.48
1.98
2.12
2.45
2.13
2.28

.47
.98
2.12
2.45
2.13
2.29

1.49
1.99
2.13
2.46
2.15
2.30

1.48
1.99
2.12
2.45
2.15
'2.30

1.48
2.00

"1.48
"2.00

'2.47
'2.16

"2.48
"2.16

Products of petroleum and coal
Petroleum refining
Rubber products "
Tires and inner tubes
Leather and leather products
Footwear (except rubber).

2.45
2.56
2.14
2.48
1.46
1.41

2.52
2.64
2.15
2.50
1.49
1.45

2.54
2.67
2.15
2.50
1.50
1.45

2.53
2.65
2.16
2.51
1.50
1.45

2.55
2.67
2.15
2.50
1.50
1.45

2.56
2.68
2.17
2.51
1.50
1.45

2.54
2.66
2.18
2.53
1.50
1.46

2.59
2.70
2.21
2.55
1.51
1.46

2.56
2.67
2.21
2.56
1.52
1.46

2.57
2.67
2 18
2.55
1.52
1.46

2.57
2.67
2.25
2.62
1.52
1.46

2.59
2.68
' 2 24
2.60
1.53
'1.47

2.56

"2 56

2 23

"2 22

1.54

"1.54

2.27
2.57
2.68

2.27
2.52
2.68

2.28
2.60
2.79

2.28
2.42
2.79

2.28
2.63
2.83

2.27
2.59
2.83

2.31
2.62
2.77

2.36
2.60
2.80

2.33
2.68
2.92

2.33
2.69
2.95

2.34
2.96
2.98

' 2 34
2.94
' 2.95

2.43
1.87
2.69
2.44
2.74

2.46
1.89
2.70
2.45
2.75

2.50
1.89
2.69
2.42
2.75

2.48
1.90
2.70
2.44
2.76

2.49
1.93
2.71
2.48
2.78

2.53
1.93
2.72
2.48
2.79

2.47
1.94
2.75
2.51
2.81

2.54
1.96
2.77
2.53
2.84

2.49
1.97
2.79
2.55
2.85

2.50
1.96
2.81
2.54
2.87

2.52
1.96
2.83
2.55
2.89

2.52
1.96
2 85
' 2. 55
2 91

1.93
1.84
1.88
2.15

1.94
1.84
1.89
2.17

1.95
1.85
1.89
2.19

1.95
1.85
1.90
2..20

1.96
1.86
2.03
2.22

1.98
1.86
2.02
2.23

1.97
1.85
2.03
2.23

1.98
1.86
2.03
2.24

1.98
1.86
2.03
2 26

1.99
1.88
2.02
2.27

2.00
1.92
2.02
2.28

T

2.220
3 459

2.220
3 462

do
do
do
do _
-do
do

Nonmanufacturing industries:
Mining:
Metal
do
Anthracite
_ _
do
Bituminous coal
do
Crude-petroleum and natural-gas production:
Petroleum and natural-gas prod .
dollars. _
Nonmetallic mining and quarrying
do
Contract construction
do
Nonbuilding construction. _
do
Building construction
_
do __
Transportation and public utilities:
Local railways and bus lines
do
Telephone.
do
Telegraph
_
do
Gas and electric utilities
do
Wholesale and retail trade:
Wholesale trade
do
Retail trade (except eating and drinking places) 9
dollars..
General-merchandise stores
do
Food and liquor stores _
..do. ..
Automotive and accessories dealers. _ do
Service and miscellaneous:
Hotels, year-round.
do
Laundries
do
Cleaning and dyeing plants
do
Miscellaneous wage data:
Construction wage rates (ENR):§
Common labor
dol. per hr_.
Skilled labor
do
Farm wage rates, without board or room (quarterly)
dol. per hr
Railway wages (average, class I)
do
Road-building wages, common labor (qtrly).__do

2.02
1 91
2 07
2 27

1.96

1.99

2.01

2.01

2.02

2.03

2.02

2.04

2.04

2.05

2.06

2 06

1.54
1.22
1.66
1.81

1.54
1.21
1.66
1.83

1.56
1.24
1.68
1.85

1.56
1.24
1.69
1.86

1.58
1.26
1.69
1.90

1.59
1.26
1.70
1.90

1.58
1.25
1.69
1.88

1.59
1.26
1.71
1.88

1.59
1.26
1.71
1.85

1.59
1.25
1.72
1.87

.55
.21
.71
.87

1.61
••1.27
1 73
1 88

1.01
1.02
1.22

1.00
1.04
1.23

1.01
1.04
1.25

1.03
1.04
1.26

1.04
1.05
1.27

1.03
1.05
1.26

1.04
1.05
1.27

1.04
1.06
1.28

1.05
1.06
1.28

1.05
1.06
1.28

.06
.07
.28

'1.05
1 07
1.29

2.117
3.309

2.117
3.310

2.123
3.318

2.148
3.342

2.168
3.366

2.187
3.391

2.192
3.412

2.192
3.416

2.192
3 423

2.192
3 433

2.192
3 433

2.212
3 458

2.127

o.92
2.105

.89
2.115
1.70

2.097

2.115

.91
2.107
1.76

2.097

2.143

82
2.100
1.90

2.191

2.216

95

a 92

1 86

' Revised.
" Preliminary.
« As of Apr. 1, 1957.
fSee note marked " t" on p. S-ll.
9 Includes data for industries not shown.
*New series. Excludes only the earnings for overtime paid for at one and one-half times the straight-time rates after 40 hours a week. No adjustment is made for other premium-payment provisions, e. g., holiday work, late-shift work, and overtime rates other than time and one-half. Data prior to 1955 will be shown later.
§ Rates as of April 1,1957: Common labor, $2.225; skilled labor, $3.467.




SUKVEY OF CUEEENT BUSINESS

S-16
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

April 1957

1956
February

March

April

May

June

July

1957
August

Septem- October Novem- December
ber
ber

January

February

March

FINANCE
BANKING
Acceptances and commercial paper outstanding:
Bankers' acceptances
mil. of dol
Commercial paper
_ _ do
Agricultural loans and discounts outstanding of agencies supervised by the Farm Credit Adm.:
Total
mil. of dol
Farm mortgage loans* Federal land banks do
Loans to cooperatives
_ _ do
Other loans and discounts
do
Bank debits, total (344 centers)
New York City
6 other centers cf

-

do
do
do

Federal Reserve banks, condition, end of month:
Assets total 9
do
Reserve bank credit outstanding, total 9
do
Discounts and advances
do
United States Government securities
do_ _
Gold certificate reserves
do
Liabilities, total 9 _
Deposits, total 9
Member-bank reserve balances
Excess reserves (estimated)
Federal Reserve notes in circulation

do
do
do
___do
do

Ratio of gold certificate reserves to deposit and FR
note liabilities combined
percent..
Federal Reserve weekly reporting member banks,
condition, Wednesday nearest end of month:
Deposits:
Demand, adjusted©
mil. of dol
Demand, except interbank:
Individuals, partnerships, and corporations
mil. of dol__
States and political subdivisions
do
United States Government
do

667
588

660
560

628
508

643
515

684
476

723
509

772
548

805
549

843
573

924
568

967
506

1,012
548

992
555

2,670
1,541
370
759

2,726
1,568
355
804

2,791
1,591
348
851

2,848
1,617
334
897

2,924
1,638
352
934

2,956
1,656
356
943

2,987
1,675
375
937

2,980
1,689
397
893

2,966
1,709
441
816

2,960
1,724
462
774

2 971
1 744
457
770

3,003
1,763
454
786

3,062
1,788
444
829

162, 107
57, 413
35, 143

189, 793
73, 214
40, 132

176, 760
65, 715
37,763

185, 584
69, 452
38, 766

186, 540
70, 733
38, 937

181, 284
65, 873
38, 653

183, 819
67, 279
38, 206

167, 154
61, 223
34, 057

193, 140
70, 794
40, 148

185, 223
66, 989
39, 425

201, 876
77, 495
40, 912

204, 293
76,460
42, 596

178, 049
67, 035
37, 551

197, 024
74, 786
42, 113

50, 615
24, 920
632
23, 482
21,011

50, 822
25, 761
872
23, 636
21, 036

50, 509
25,307
1,204
23,345
21, 051

50, 783
25, 377
1,160
23, 474
21,085

50, 717
25, 219
232
23, 758
21, 109

50, 327
24,868
452
23, 438
21, 151

50, 593
25, 480
832
23, 854
21, 179

51, 309
25, 487
664
23, 680
21, 197

51, 391
25, 236
538
23, 767
21, 223

52, 145
26, 267
518
24, 385
21, 227

52, 910
26, 699
50
24, 915
21, 270

51, 853
25, 195
668
23,421
21, 562

51, 387
24, 704
595
22,887
21, 626

51, 016
24, 970
994
23, 149
21, 627

50, 615
19, 651
18, 428
266
26, 029

50, 822
20, 311
18, 799
523
26, 098

50, 509
20, 097
18, 784
459
25, 971

50, 783
19.904
18, 773
569
26, 168

50, 717
19, 575
18, 443
—6
26, 367

50, 327
19, 416
18, 308
204
26, 370

50, 593
19, 911
18, 888
511
26, 510

51, 309
19, 927
18, 831
381
26, 546

51, 391
19, 734
18, 668
209
26, 567

52, 145
20, 209
19, 208
489
27, 064

52, 910
20, 249
19, 059
-30
27, 476

51, 853
20,203
18, 882
365
26, 698

51, 387
19, 566
18, 576
••282
26, 556

51, 016
19, 835
18, 629
"119
26, 454

46.0

45.3

45.7

45.8

45.9

46.2

45.6

45.6

45.8

44.9

44.6

46.0

46.9

46.7

56, 230

55, 733

55, 896

55, 521

56, 210

55, 556

55, 381

54,915

56, 069

56, 632

57, 629

58, 076

56,370

55, 118

58, 326
4,319
2,391

57, 147
4,254
4,342

57, 224
4,632
3,343

57, 319
4,451
3,669

57, 960
4,367
3,420

57, 492
4,168
2,085

57, 026
3,928
3,648

57, 448
3,800
3,010

58, 980
4,007
2,303

59, 296
3,909
2,877

61, 966
4,183
2,181

59, 951
4,211
790

59, 228
4,099
1,554

57, 179
4,045
3,946

Time, except interbank, total 9
do
Individuals, partnerships, and corporations
mil. ofdol__
States and political subdivisions- „
___do
Interbank (demand and time) .... . ^ do

20, 525

20, 633

20,555

20, 596

20, 859

20, 780

20,844

20, 921

20, 912

20, 640

21,017

21, 336

21,554

22, 083

19, 331
992
12, 526

19, 406
1,032
12, 691

19, 304
1,072
12,964

19, 378
1,041
12,224

19, 652
1,031
12, 966

19, 596
1,004
13, 359

19,661
1, 005
12, 909

19, 760
971
13, 844

19, 794
929
13, 653

19, 556
898
13, 609

19, 919
916
15, 609

20, 214
939
12, 625

20,407
964
12, 775

20, 897
1,004
13, 373

Investments, total
do
U. S. Government obligations, direct and guaranteed, total
mil. of dol__
Bills
do
Certificates
do
Bonds and guaranteed obligations. _
do
Notes
do
Other securities
do

36, 526

36, 258

35, 495

34, 824

34, 478

33, 684

34, 421

33, 857

33, 668

33, 746

34 259

33, 521

33, 259

34, 309

28, 272
910
586
20, 103
6,673
8,254

27, 995
837
708
19, 926
6,524
8,263

27, 357
753
588
19, 758
6,258
8,138

26, 873
679
544
19, 600
6,050
7,951

26, 582
683
358
19, 505
6,036
7,896

25, 978
498
350
19, 242
5,888
7,706

26, 576
548
1,187
19, 123
5,718
7,845

25, 979
486
953
18, 943
5,597
7,878

25, 961
818
790
18, 895
5,458
7,707

26, 141
1,260
762
IS, 840
5,279
7, 605

26, 774
2 093
703
18, 756
5,222
7 485

26, 101
1,681
680
18, 658
5,082
7,420

25, 723
1,461
746
18, 638
4,878
7,536

26, 635
1,243
1,608
18, 569
5, 215
7,674

47, 694
Loans (adjusted), total©
do
26, 346
Commercial, industrial, and agricultural
do
2,422
To brokers and dealers in securities. do
Other loans for purchasing or carrying securities
mil. of dol. . 1,287
8,224
Real-estate loans
do
10, 259
Other loans
do

49, 373
27, 781
2,436

49, 953
28, 053
2,412

49, 900
27, 784
2,435

51, 144
28, 845
2,380

50, 925
28, 734
2,269

51, 120
29, 168
1,948

51, 798
29, 849
1,930

51, 992
29, 931
1,975

52, 461
30, 407
1,915

53, 375
31, 137
2 130

51, 776
30, 260
1,689

51, 779
30, 314
1,760

52, 944
31, 322
1,952

1,292
8,341
10, 373

1,298
8,430
10, 618

1,277
8,503
10, 756

1,271
8,606
10, 899

1,255
8,671
10, 864

1,235
8,738
10, 895

1,230
8,794
10, 871

1,208
8,857
10, 900

1,205
8,855
10, 956

1,208
8,839
11 069

1,182
8,790
10, 868

1,148
8,762
10, 813

1,152
8,691
10, 873

3.00
3 98
4.75

3.00
4 11
4.79

Money and interest rates :§
Bank rates on business loans:
In 19 cities
New York City
7 other northern and eastern cities
11 southern and western cities

4.35
4.20
4.39
4.53

4.14
3.97
4.15
4.38

3.93
3.75
3.93
4.19

percent
do
do
do

4
4
4
4

38
22
40
58

do
do
do

2.50
3.14
4.17

2.50
3.19
4.17

2.75
3.19
4.17

2.75
3.27
4.17

2.75
3.31
4.29

2.75
3.33
4.33

3.00
3.34
4.33

3.00
3.42
4.46

3.00
3.51
4.46

3.00
3.71
4.50

3.00
3 89
4 63

do
do
do

2. 38
3.00
3.63

2.38
3.00
3.63

2.44
3.14
3.94

2.50
3.27
4.00

2.45
3.38
4.00

2.43
3.27
4.00

2.65
3.28
4.14

2.88
3.50
4.38

2.88
3.63
4.38

3.05
3.63
4.38

3.35
3.63
4.38

3.38
3.63
4.38

3.38
3.63
4.38

3.27
3.63

do__
do

2.372
2.65

2.310
2.83

2.613
3.11

2.650
3.04

2.527
2.87

2.334
2.97

2.606
3.36

2.850
3.43

2.961
3.29

3.000
3.49

3.230
3.65

3.210
3.40

3.165
3.33

3.140
3.38

Savings deposits, balance to credit of depositors :
New York State savings banks
mil. of dol
U S postal savings'!
-, do

16, 651
1,849

16, 795
1,829

16, 795
1,808

16,900
1,787

17, 092
1,765

17, 098
1,742

17, 135
1,720

17, 227
1,699

17, 372
1,665

17, 626
v 1,648

17, 611
v 1, 621

17, 657
*> 1, 599

P 1, 576

37, 474

37, 761

38, 222

38, 919

39, 454

39, 478

39, 878

40, 074

40, 196

40, 631

41, 863

40, 916

40,513

28, 915

29, 112

29, 419

29,763

30, 084

30, 297

30, 644

30, 707

30, 811

31, 024

31, 552

31,298

31, 233

Discount rate (N. Y. F. R. Bank)
.
Federal intermediate credit bank loans
Federal land bank loans
Open market rates, New York City:
Acceptances, prime, bankers' 90 days
Commercial paper, prime. 4-6 months
Call loans renewal (N Y S E )
Yield on U. S. Govt. securities:
3-month bills
3-5 year taxable issues

T

17, 247
1, 681

r

r

CONSUMER CREDIT t
(Short- and Intermediate-term)
Total outstanding end of month
Installment credit total

mil of dol
do

14, 381
14, 530
14, 059
14, 436
14, 255
14, 389
14, 449
14, 533
14, 478
13, 892
14, 410
13, 743
13, 574
Automobile paper
do
7,421
8,139
7,601
7,493
7,417
7,401
7,337
7,805
7,752
7,497
7,300
7,938
7,371
Other consumer-goods paperdo
1,734
1,793
1,700
1,677
1, 710
1,772
1,759
1,781
1,797
1,758
1,643
1,631
1,628
Repair and modernization loans
do
7,184
6,785
6,951
6,887
6,712
6,626
6,919
6,547
6,342
7,259
7,199
7,026
6,438
Personal loans
do
r
Revised.
* Preliminary.
cf Includes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles.
9 Includes data not shown separately.
©For demand deposits, the term "adjusted" denotes exclusion of interbank and U. S. Government deposits and of cash items reported as in process of collection; for loans, exclusion of
loans to banks and deduction of valuation reserves (individual loan items are gross, i. e., before deduction of valuation reserves).
§ For bond yields, see p. S-20
•[Data through June 1956 are as of end of month; thereafter, as of end of consecutive 4-week periods ending in month indicated,
j See corresponding note on p. S-17.




SUKVEY OF CURRENT BUSINESS

April 1957
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

S-17
1957

1956
February

March

April

May

June

July

DecemOctober NovemAugust September
ber
ber

January

February

March

FINANCE—Continued
CONSUMER CREDIT*— Continued
(Short- and Intermediate- term)
Total outstanding, end of month— Continued
Installment credit, total— Continued
By type of holder:
Financial institutions, total
mil. of dol
Commercial banks
.._ .. -do
Sales-finance companies
do
Credit unions
do
Consumer finance companies
do
Other
do
Retail outlets, total
Department stores
Furniture stores
Automobile dealers
Other
Noninstallment credit, total

__

_

_

Single-payment loans Charge^accounts
Service credit_
By type of holder:
Financial institutions
Retail outlets
Service credit

24, 870
10, 796
8,526
1,732
2,739
1,077

25,208
11,009
8,575
1,767
2,773
1,084

25, 528
11,170
8,641
1,806
2,805
1,106

25,963
11, 394
8,765
1,848
2,845
1,111

26, 193
11, 476
8,849
1 880
2,880
1,108

26, 475
11, 548
8, 953
1 933
2,920
1 121

26 551
11 548
8 989
1 960
2 924
1 130

26 635
11, 606
8 973
1 994
2 938
1 124

do
do.. _
do
do
...do

4,328
1,436
1,001
538
1,353

4,242
1,377
984
544
1,337

4,211
1, 380
974
548
1,309

4,235
1,389
971
554
1,321

4,121
1,247
973
562
1,339

4,104
1,239
967
568
1,330

4,169
1,286
973
575
1.335

4 156
1,269
970
576
1,341

4 176
1,269
974
574
1,359

4 178
1 230
988
573
1 387

-. -do_ _

8,559

8,649

8, 803

9,156

9,370

9,181

9,234

9,367

9,385

9 607

10, 311

9,618

9,280

2,932
3,530
2,097

3, 050
3,469
2,130

3,094
3, 531
2,178

3,258
3,701
2,197

3,335
3,804
2,231

3,261
3,674
2,246

3,295
3, 696
2,243

3 361
3,780
2 226

3 310
3, 875
2 200

3 401
4 029
2 177

3 421
4,702
2 188

3,360
4,085
2,173

3,433
3,662
2,185

do..
- do
do

2,932
3,530
2,097

3,050
3,469
2,130

3,094
3,531
2,178

3, 258
3,701
2,197

3,335
3,804
2,231

3,261
3,674
2,246

3,295
3,696
2,243

3,361
3 780
2,226

3,310
3 875
2,200

3 401
4 029
2 177

3,421
4 702
2,188

3,360
4,085
2,173

3,433
3,662
2,185

do
do
do
do

2,918
1,236
731
951

3,305
1,378
821
1,106

3,329
1,345
894
1,090

3,470
1,407
949
1,114

3,390
1,391
883
1,116

3,316
1,337
872
1,107

3,504
1,393
952
1 1P9

2,981
1 150
840
991

3,382
1 284
1,010
1 088

3 387
1 225
1 037
1 125

3,735
1 195
1,266
1 274

' 3, 079
1,258
r 777
1,044

2,954
1,214
727
1,013

do
do
- do
do

2,889
1,143
847
899

3,108
1.209
892
1,007

3,022
1,196
857
969

3,126
1,240
885
1,001

3,069
1,195
867
1,007

3,103
1,211
868
1,024

3,157
1,244
880
1,033

2,918
1 147
836
935

3,278
1 339
906
1, 033

3 174
1 254
886
1 034

3,207
1 208
879
1,120

r

3, 333
1,305
^978
1,050

3,019
1,193
860
966

do
do
..-do
do

3,317
1,390
883
1,044

3,167
1.278
858
1,031

3,402
1,324
966
1,112

3, 255
1,250
930
1,075

3,049
1, 175
839
1,035

3,293
1,246
925
1,122

3,350
1,258
951
1,141

3,153
1,191
883
1,079

3,363
1,308
942
1,113

3 453
1 354
973
1 126

3,368
1 311
939
1,118

r 3, 512

1,477
'899
1,136

3,496
1,426
914
1,156

2,946
1,182
821
943

2,894
1,131
823
940

3,142
1,256
869
1,017

3,060
1,224
857
979

3,006
1,156
868
982

3,158
1,227
890
1,041

3,145
1,212
891
1,042

3,085
1, 184
892
1,009

3,182
1,283
882
1,017

3 160
1 231
904
1 025

3,185
1,236
918
1,031

' 3, 311
1,326
'935
1,050

3,214
1,286
874
1,054

7,158
6,195
57
5,959
944
198

12 499
11,313
59
11 344
963
133

5 562
4,082
59
4 461
894
147

7,107
5,050
63
5,780
1,014
251

12, 598
11, 601
57
11, 255
967
319

3 927
3,485
63
2 601
970
292

5 959
4,954
64
4 772
1, 030
93

6 897
6,218
60
5 846
869
122

3 660
3,184
75
2 185
1,149
250

5 705
4 818
63
4 478
1 014
150

5 898
5 412
59
4 570
894
374

5,279
4,809
64
3 903
978
333

7,486
6,188
53
6 313
963
157

4, 950
553
398
3,214
786

5,399
559
400
3,284
1 156

5,387
565
406
3,232
1,185

5,467
561
432
3,433
1,040

5,902
567
r
369
3, 608
1 357

4,918
570
'353
r
3, 152
'843

5,995
582
'396
'r 3, 750
1, 267

5 718
631
r
405
3, 576
1 106

6,095
651

5,743
585

276, 345
273, 481
229, 746
43, 736
2,863

275, 789
273, 078
229, 689
43, 389
2,711

276, 729
273, 977
229, 637
44, 339
2,752

275, 565
272, 959
226, 905
46, 054
2,606

274, 261
271, 660
225, 827
45, 834
2,601

275, 283
272, 720
227, 238
45, 482
2,563

276, 628
274, 219
228, 581
45,639
2 408

276, 229
273, 698
228, 367
45, 331
2,531

276, 269
273, 919
228, 449
45, 470
2,350

do
.do
- do

Installment credit extended and repaid:
Unadjusted:
Extended, total
_. _
Automobile paper
Other consumer-goods paper
..
All other
Repaid, total
Automobile paper
Other consumer-goods paper
All other
Adjusted:
Extended, total .
Automobile paper
Other consumer-goods paper
All other

24, 587
10, 668
8,460
1,697
2,701
1,061

_._

Repaid, total
Automobile papt-r
Other consumer-goods paper
All other

__do .
do
do
do

26
11
9
2
2
I

846
634
075
021
961
155

27 038
11 682
9 100
2 048
3 049
1 159

26 931
11, 616
9 077
2 045
3,041
1 152

26, 967
11,641
9,035
2 074
3,051
1,166

4,367
1,380
975
568
1,444

4,266
1,345
957
568
1, 396

4 514
1,407
1 020
572
1,515

FEDERAL GOVERNMENT FINANCE
Budget receipts and expenditures:
Receipts total
Receipts, net
Customs
Income and employment taxes
Miscellaneous internal revenue
All other receipts
Expenditures, total
Interest on public debt
Veterans' services and benefits
Major national security
All other expenditures

mil of dol
do
do
do
do
do
do
do
do
do
do

Public debt and guaranteed obligations:
280, 108
Gross debt (direct), end of month, total
_.-do
277, 295
Interest bearing, total
do
Public issues _
_ _
__.
-_do___ 233, 607
43, 688
Special issues .
_ - do
2,814
Noninterest bearing
do
Obligations guaranteed by U. S. Government, end
58
of month .
mil. of dol. _
U. S. Savings bonds:
58, 166
Amount outstanding, end of month
_ do
544
Sales, series E through K
do
660
Redemptions -do
Federal business-type activities, end of quarter :f
Assets, except interagencv, total
mil. of dol
Loans receivable, total (less reserves)
do
To aid agriculture
do
To aid homeown°rs
do
Foreign loans
do
All other
do
Commodities, supplies, and materials
U. S. Government securities- ._
Other securities and investments
Land, structures, and equipment
All other assets

do
do
do
do
do

r
T

6,937
602
r
403
4, 478
1, 453

272, 751
269, 883
224, 769
45, 114
2,868

r
T

5,542
627
'361
2, 945
1, 609

272, 645
269, 972
224, 618
45, 353
2,674

T
T

r
r

5 726
580
r 407
3, 564
1 175

277, 017
274, 471
228, 749
45, 722
2,546

r
r

274, 999
272, 773
227, 169
45, 603
2,226

59

56

62

74

74

79

85

89

94

103

107

109

109

58, 169
518
604

58, 137
453
571

58, 110
451
571

57, 857
437
815

57, 717
484
749

57, 661
436
582

57, 583
355
523

57, 439
414
644

57, 231
389
692

57, 018
390
728

56, 570
496
1,070

56, 317
386
728

56,068
384
723

i 58, 485
20, 580
7,377
3,230
8,106
2,131

i 78, 677
19, 871
r
6, 790
r
3, 299
8,172
2,208

i 69, 143
20, 331
7,160
3, 391
8,229
2,208

14, 119
3,677
3,637
8,056
8,417

21,812
3,719
3,695
17, 463
12, 117

20,949
3,720
3, 668
10, 028
10, 447

i 5, 944
i 6, 199
Liabilities, except interagency, total
do __
i 6, 240
2,799
2,470
Bonds, notes, and debentures
do
2 656
3,245
3,729
3,584
Other liabilities
do
1
1
1
651
692
Private proprietary interest
do
980
1
i 62, 506
51, 635
U.S. Government proprietary interest
do
i 71, 457
T
Revised.
» Preliminary.
* See note marked "t".
t Revised to adjust to new survey and census information. For credit outstanding, the revisions begin with 1948 (except data for consumer finance companies which are separately available
from September 1950 only); for credit extensions and repayments, the revisions begin with 1940. See the October 1956 Federal Reserve Bulletin for all revisions prior to September 1955.
t Figures beginning with the 1st quarter of 1956 are not comparable with those through 1955. They are the revised series reflecting expanded coverage and new classification of agencies now
reporting to the Treasury under Department Circular No. 966. Moreover, the 1956 data are not directly comparable from quarter to quarter, since activities covered vary. The revised data
cover the condition of public-enterprise and intragovernmental funds, certain other activities of the U. S. Government, and certain deposit and trust revolving funds. Interagency items are
excluded except in the cose of trust revolving funds.




SURVEY OF CURRENT BUSINESS

S-18
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

April 1957

1956

February

March

April

May

June

July

1957

DecemAugust SeptemOctober November
ber
ber

January

February

March

FINANCE—Continued
LIFE INSURANCE
Institute of Life Insurance:
Assets, total, all U. S. life insurance companies
mil. of dol
Bonds (book value), domestic and foreign, total
mil. of dol
U S Government
do
State, county, municipal (U. S.)
do _
Public utility (U. S.)
do
Railroad (U. S )
do
Industrial and miscellaneous (U. S.)
- do
Stocks (book value), domestic and foreign, total
mil. of dol
Preferred (U. S.)
do
Common (U. S.)
. _ do
Mortgage loans, total
do
Nonfarm
do
Real estate
do
Policy loans and premium notes
do
Cash
... _ __ do
Other assets
_ _
do
Life Insurance Agency Management Association:
Insurance
written
(new
paid-for
insurance)
:O
\7alue, estimated total
mil of dol
roup and wholesale
.
do
iduslrial _
do
Ordinary total®
do
New England
.
do
Middle Atlantic
do
East North Central
do
West North Central
do
South Atlantic
do
East South Central
do
West South Central
do
MOH TI tail}
do
Pacific
do
Institute of Life Insurance:
Payments to policyholders and beneficiaries, estimated total
mil of dol
Death benefits
do
Matured endowments
do
Disability payments
do
Annuity payments
_ _
do
Surrender values
do
Policy dividends
do
Life Insurance Association of America:
Premium income (39 cos ) Quarterly total
do
Accident and health
do
\nnuities
do
Oroup
do
Industrial
do
Ordinary
do

g

91, 240

91,543

92, 025

92, 478

92, 876

93,580

93,992

94, 411

94,869

95, 274

95, 819

96, 316

96,738

48, 036
8,236
2,144
13, 614
3,849
17,680

48,008
8,045
2,153
13, 618
3,873
17, 798

48,164
8,085
2,153
13, 653
3,852
17,900

48, 212
7,986
2,140
13, 707
3,850
18.002

48, 279
7,921
2,148
13, 762
3,854
18, 059

48, 594
7,886
2,191
13,835
3,853
18,256

48,665
7,778
2,206
13,903
3,853
18,340

48, 799

48, 970

2,218
13, 914

49,058
7,532
2,237

49,324
7,588
2,244

49, 470

2,213

3,845
18,537

48,983
7,749
2,229
13,963
3,842
18,581

18,807

18, 951

19,084

2,948
1,727
1,210
30, 102
27,799
2,589
3,324
1,054
3,187

2,977
1,729
1,237
30, 383
28,055
2,609
3,345
1,040
3,181

2,980
1,729
1,239
30, 651
28,301
2,624
3,365
1,067
3,174

2,974
1,725
1,237
30,991
28,612
2,646
3.385
1,086
3,184

2,964
1,726
1,226
31, 284
28 884
2,673
3,409
1,078
3,189

2,995
1,727
1,254
31, 612
29 188
2,711
3,400
1,093
3 175

2,998
1,724
1,260
31, 897
29,454
2,727
3,420
1,064
3,221

2,962

2,970

2,906

2,921
1,632
1,273

2,933

3,686
596
510
2,580
179
607
562
200
314
111
238
92
285

4,589
1,025
571
2,993
196
698
651
235
366
132
274
113
339

4,188
847
512
2,829
176
630
608
216
365
132
274
106
330

4,543
1,014
581
2,948
195
646
628
226
363
126
295
119
351

4,344
915
538
2,891
189
673
600
225
361
124
275
111
334

4 251
931
503
2,817
184
637
599
221
349
122
256
107
341

451.4
192.5
52.6
8.8
40.7
76.8
80.0

508.2
207.9
55.0
9.3
40.0
83.7
112.3

479.5
205.5
53.6
9.7
41.6
85.2
83.9

505.5
212.3
55.9
9.6
41.7
86.4
99.6

466.0
185.8
52.6
8.9
41.5
81.0
96.2

469.6
204.7
51.0
9.3
43.8
79.1
81.7

2, 284. 5
328.9
277.7
253.1
245.9
1,178.8

7,805

13,905
3,850
18,426

2,968

1,700
1,253
32, 111

29,656
2,748
3,440

7,850

1,700
1,247

32,399

29 938

2,778

3,838

33,017

33,279

1,109

2,809
3,503
1,273

3,523

1,077

3,483

3,206

3,207

4,544
1,160
526
2,858
182
618
622
235
353
125
263
113
347

4,140

4,792

981
525

4,742

963
549

863
512

478.3
203.9
49.5
9.3
41.9
84.1
89.6

2. 243. 3
357 3
247.5
238 5
213.9
1, 186. 1

14, 030

1,701
1,254
32, 709
30, 243
2,813

3,461
1,093

3,268

13, 997
3 839

1,634
1,257

30 546

7,544
2,244

14, 049
3 837

1,627
1,287

33,479

30 810
2,841

31 001

1,141

2,865
3,547

3,253

3,287

1,103
3,341

7 062

4,269

4,898

682
464

1,242

536

2,726

495

2,634

3,280

3,367

3,123

3,161

171
598
572
209
321
119
241
105
299

3,800

213
789
701
258
403
139
290
119
369

215
838
732
260
412
145
281
114
370

224
919
816
310
442
152
332
160
445

210
738
673
249
364
131
295
110
354

211
767
679
250
372
137
283
116
347

425.0

516.6

473.1
197.5
56.3

590.9
209.0

595.9
236.9

495.0
207.4

171.8
45.9

223.2
57.7

8.8

9.9

9.1

38.8
73.1
86.6

45.5
95.8
84.5

44.1
86.0
80.1

63.7
8.9

38.1
94.9
176.3

2, 259. 6

2, 673. 1
403 1
358. 2

1, 175. 1

1, 343. 2

354.6
270.9
249.7
209.2

66.5
10.9
61.5
98.0
122.1

56.4
8.9

41.9
94.4
86.0

289.0
279.7

MONETARY STATISTICS
Gold and silver:
Gold:
Monetary stock U S (end of mo )
mil of dol
Net release from earmark §
do
Exports
thous of dol
Imports .
do
Production reported monthly total ?
do
Africa
do
Canada
do
United States
do
Silver:
Exports
do
Imports
do
Price at New York
dol. perfineo z _ _
Production:
Canada©
thous of fine oz
^Mexico
do
United States
do
Money supply (end of month) :
Currency in circulation
mil of dol
Deposits and currency, total
do _
Foreign banks deposits, net
do
U S Government balances
do
Deposits (adjusted) and currency, total^
do
Demand deposits, adjusted^
do
Time deposits, adjusted^
do
Currency outside banks
do
Turnover of demand deposits except interbank and
U. S. Government, annual rate:
New York City
ratio of debits to deposits
6 other centerscft
do
337 other reporting centers J _
do

21,910
—34.3

21, 910
105.7

21, 949
51.2

250

238

353

21, 695
—15.7
108
18, 704
68, 900
45,600
12, 400
4,600

21, 716
—2.9
843
12, 282
74, 900
49,900
13,500
5,000

21, 743
16,9
491
10, 390
73, 900
49, 900
12,900
4,700

21, 772
1.8
611
25, 949
77, 700
52, 100
13, 100
5,400

21, 799
29.9
360
18, 767
77, 700
52, 200
13, 400
5,100

21, 830
43.9
421
5,262

21, 858
43.2
94
4,804

22,096
4,091

4,845

52, 800
12, 300
5,900

53, 400
12, 300
6,300

52, 200
12, 400

52, 700
12, 900

130
5,325
.909

216
8,970
.911

422
13, 388
.909

429
13, 985
.908

281
10, 695
.905

272
11, 647
.901

215
11, 723
.906

2,094
3,701
3,615

2,297
3,241
3,790

1,759
3,446
2,898

2,463
3,977
2,905

2.494
3,032
2,501

2,267
3,632
3,828

2,315
4,124
3,035

30, 163
219,900
3,000
5,400

30, 339
221,600
3,000
7,800

30, 210
221,200
3,000
5,800

30, 513
221,200
3,000
7,000

31, 424
30, 839
30, 768
30, 757
30, 715 30,604
30,575
30, 614
31, 790
223,585 P 221 ,400 P223, 000 P224, 000 p 224, 800 P226, 900 P229, 800 p226, 000 p224,700
3,115 T 3, 100 P 3, 100 P 3, 200 p 3, 100 P 3, 400 p 3, 400 p3, 100 P3, 100
6,827 p 5, 000 v 7, 100 P 6, 800 P 5, 100 P 6, 500 p 5, 500 p3, 300 P3,900

211, 600
105, 600
78, 800
27, 200

210,800
104,400
79, 300
27,200

212,400
106, 100
79, 300
27, 000

211, 200
104, 200
79,600
27, 400

213,643
104,744
80, 615
28,284

p 213,300
P 105, 200
P 80, 700
* 27, 400

41.1
27.5
21.0

47.2
29.7
20.8

45.4
30.1
21.5

46.0
28.7
21.7

47.0
28.9
21.6

45.9
29.6
22.4

21, 884
86.9

12, 740

3,090

6,200

12,900
5,600

12, 800

600

968

1,329

16, 743
.908

14, 081
.912

9,435

272

2,379
3,906
3,454

2,430
3,732
2,886

6,000

' 2, 517

3,520
2,828

.914

4,600

8,869

.914

2,357
3,048
3,168

22,252
295.9
88,386
34,498

22,304
28.0

41,787
11,980

5,000
2,405

9,101
.914

961

6,396
.914

.914

2,997

p 212, 800 P214, 100 P216, 600 p217, 100 P220, 900 P219 500 p217, 700
p 104, 500 P105, 400 P107, 400 P108, 200 pllO, 700 P109, 200 P106, 800
p 80, 900 p 81, 300 P 81, 500 p 80, 900 p81 900 p 82, 900 p 83, 600
v 27, 500

44.4
27.4
21.3

P 27, 400 P 27, 700

44.8
27.4
22.0

45.2
28.4
22.1

P 28, 000 P 28, 400 P 27, 300 p 27, 300

48.3
31.0
23.6

51 8
29.9
23.3

48,3

r
30.0
r

22.8

48.9
p30. 7

P22.9

48 7
p 30. S
^22 o

PROFITS AND DIVIDENDS (QUARTERLY)
Manufacturing corporations (Fed. Trade and SEC):
1
3,850
3, 646
* 4, 175
Net profit after taxes all industries
mil of dol
234
313
293
Food and kindred products
do
82
71
110
Textile mill products
do
Lumber and wood products (except furniture
72
51
60
mil of dol
162
157
171
Paper and allied products
do-. r
Revised.
p Preliminary.
1 See note marked "t" on p. S-19.
©Revisions for insurance written for January-August 1954 are shown in the November 1955 SURVEY. Revisions for silver production in Canada are shown as follows: January-July
1952 in the April 1956 SURVEY, January-September 1954, the December 1955 issue; January-December 1955, the March 1957 issue.
©Includes revisions not distributed by regions.
§ Or increase in earmarked gold (—).
9 Includes data not shown separately.
1 The term "adjusted" denotes exclusion of interbank and U. S. Government deposits; for demand deposits, also exclusion of cash items reported as in process of collection.
(^Includes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles.
t Revisions beginning with 1943 appear on p. 24 of the October 1955 SURVEY.
tSee corresponding note on p. S-19.




SUEVEY OF CUHEENT BUSINESS

April 1957
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

S-19

1956
February

March

April

May

June

July

1957
August

Septem- October Novem- December
ber
ber

January

February

March

FINANCE—Continued
PROFITS AND DIVIDENDS— Continued
Manufacturing corporationst— Continued
Net profit after taxes— Continued
Chemicals and allied products
mil. of dol__
Petroleum refining
do
Stone, clay, and glass products
do
Primary nonferrous metal
do
Primary iron and steel
do
Fabricated metal products (except ordnance,
machinery, and transport, equip.) mil. of dol- .
Machinery (except electrical)
do
Electrical machinery
do
Transportation equipment (except motor vehicles,
etc )
mil. of dol
Motor vehicles and parts... -do
All other manufacturing industries
- do
Dividends paid (cash) , all industries
do
Electric utilities, net profit after taxes (Fed. Res.)
mil. of dol- _
Railways and telephone cos. (see pp. S-23 and S-24).

442
639
135
241
376

456
657
195
245
392

414
669
185
194
156

146
321
163

170
425
190

167
365
187

96
400
334

125
313
400

105
166
427

1,667

1,733

1,676

374

321

302

SECURITIES ISSUED
Commercial and Financial Chronicle:
Securities issued, by type of security, total (new
capital and refunding)
mil. of dol
New capital, total
-do
Domestic total
do
Corporate
do
Federal agencies
do
Municipal State etc
do
Foreign
do
Refunding total 9
Domestic, total
._
Corporate
Federal agencies -Municipal, State, etc
Securities and Exchange Commission:
Estimated gross proceeds, total
By type of security:
Bonds and notes total
Corporate
Common stock
Preferred stock
By type of issuer:
Corporate total 9
Manufacturing
Mining
Public utility
Railroad
Communication
.
Real estate and
financial

do
do
do
do
- do

1,330
1,194
1,180
532
30
618
14
136
136
28
90
18

r

1,450
1,175
1, 174
749
42
383
0)
275
275
20
241
14

do

1,998

1,787

1,876

2,128

2,161

1,975

1,508

1,591

1,898

1,829

1,967

r

do
do __
do
do. ._

1,731
478
139
128

1,602
675
143
42

1,634
673
210
32

1,926
983
137
65

1,932
661
179
50

1,776
911
183
15

1,365
565
92
50

1, 373
682
186
33

1 610
491
149
139

1,158
453
627
44

1 760
920
191
16

rt

do
do
do
do
do
__do. _ _
do _

744
226
23
200
31
37
196

861
278
22
190
47
122
136

915
342
10
299
14
15
175

1 185
487
35
339
39
82
112

889
307
59
239
33
12
191

1,109
346
79
244
10
263
104

708
220
81
157
22
84
110

900
254
42
251
55
57
218

780
345
15
231
29
69
60

1 125
170
78
156
39
600
38

1 126
543
17
160
44
79
155

1,253
Noncorporate total 9
do
544
U S Government
do
709
State and municipal
do
New corporate security issues:
730
Estimated net proceeds total
do
Proposed uses of proceeds:
664
New money total
do
388
Plant and equipment
do
276
Working capital
-- do
26
Retirement of securities
do
40
Other purposes
do
State and municipal issues (Bond Buyer):
Long-term
- --__thous. of dol__ 709, 444
357, 195
Short-torm
do

927
518
401

962
453
391

943
451
491

1.272
437
736

865
484
379

800
436
213

691
355
336

1 118
414
646

705
389
311

846

898

1,165

873

1,093

695

883

762

1,112

1,111

1,058

1,032

762
525
236
56
28

702
482
220
82
114

1,116
948
167
21
28

768
446
322
43
61

1,012
758
254
27
53

563
386
177
25
107

802
514
288
47
34

660
506
154
15
87

1,042
911
131
24
47

1,040
724
315
17
54

998
756
242
19
41

855
686
169
29
147

400, 650
248, 649

390, 541
124, 807

490, 526
252 071

736, 386
175, 825

378, 535
194, 625

213, 238
207, 418

335, 930
178 780

645, 718
294, 244

311, 354
327, 959

427, 298
148 455

2,817
960
2,177

2,821
896
2,189

2,847
870
2,228

322
2,811
837
2,266

2,843
858
2,242

2,819
872
2,086

2,816
866
2,113

2,784
835
2,131

2,817
822
2,114

336
2,866
878
2,195

r

841
390
427

2,413

r

1,988

> 243
908
142
28

1 636
703
327
24

1 078
392
25
237
51
96
214

1 055
583
27
245
22
47
105

l 336
496
r
685

933
386
497

685, 472 M96, 565
325 574 P406, 720

SECURITY MARKETS
Brokers' Balances (N. Y. S. E. Members
Carrying Margin Accounts)
Cash on hand and in banks
Customers' debit balances (net)
Customers' free credit balances
Money borrowed

mil of dol
do
do
do

2,774
913
2,189

3,903
866
2,006

3,846
828
2,057

2,005

Bonds

Prices:
Average price of all listed bonds (N. Y. S. E.),
93.33
93.09
97.82
92.14
95.22
91.59
93 52
96.39
96 32
93.86
96.48
95.50
total §
dollars
93.33
93. 69
95.46
92.42
98.08
91.91
93.76
96.65
95.74
96.56
94.10
96.75
Domestic
do
77.35
79.52
71.94
73.00
78 92
77.61
75.09
77.46
78.79
79.14
79.36
78.23
Foreign
do
Standard and Poor's Corporation:
Industrial, utility, and railroad (Al+issues):
105.2
102.8
108.4
103.7
102.8
110.5
110.2
113.9
105. 8
110.6
111.2
113.2
Composite (17 tonds)
dol per $100 bond
113.8
112.8
109.0
108.6
119.2
118.6
' 122. 2 120.3
108.1
116.9
116.0
117.3
Domestic municipal (15 bonds)
do
90.22
88.74
89.96
91.53
93.94
91.43
95.94
91.81
95.03
94.40
92.86
94.88
U. S. Treasury bonds, taxable
do
Sales:
Total, excluding U. S. Government bonds:
All registered exchanges:
83, 606
96, 407 144, 608 116, 182
82, 802 101, 631 86, 568
109, 660 120, 682 110, 399 104, 178
81, 717
Market value
thous. of dol
89, 818 101, 520 152, 555 120, 730
84, 454
83,150 100, 885
86, 673
105, 230 121, 514 114, 574 107, 082
Face value
do
New York Stock Exchange:
95, 082 143, 305 114, 750
82. 292
81, 261
108, 284 119, 104 109, 126 101, 703
99, 228
85, 561
80, 522
M^arkct value
do
88' 320 100, 010 150, 956 119, 016
81, 480
98, 165
85, 454
83, 100
103, 480 117, 469 112, 538 104, 670
Face value
do
' Revised.
» Preliminary.
1 Less than $500,000.
fData beginning with 2d quarter of 1956 are based on a new sample and are not entirely comparable with earlier figures. Data for 2d quarter of 1956 based on former
the December 1956 SURVEY.
9 Includes data not shewn separately.
§ Data for bonds of the International Bank for Reconstruction and Development, not shown separately, are included in computing average price of all listed bonds.




93.33
93.57
76.71

110.9
' 91. 51

110.0
90.88

93, 606
93, 715
92, 471
92, 390

sample appear in

SUEVEY OF CURRENT BUSINESS

S-20
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

April 1957

1956
February

March

April

May

June

July

1957

DecemOctober NovemAugust September
ber
ber

January

February

March

FINANCE—Continued
SECURITY MARKETS— Continued
Bonds— Continued
Sales— Continued
New York Stock Exchange, exclusive of stopped
U S Government
do
Other than U S Government total§
do
Domestic
do
Foreign
_ _ __ __do
Value, issues listed on N. Y. S. E.:
Market value total all issues §
mil of dol
Domestic
do
Foreign
do
Face value total all issues§
do
Domestic
do
Foreign
do
Yields:
Domestic corporate (Moody's)
percent. _
By ratings:
Aaa
do
Aa
do
A
„ „
do
Baa -_ _
-do
By groups:
Industrial
_
do
Public utility
do
Railroad
_ _.
. do
Domestic municipal:
Bond Buyer (20 bonds)
do
Standard and Poor's Corp. (15 bonds) . . do
U. S. Treasury bonds, taxable...
-do

82, 279
0
82, 279
78, 371
3,886

99, 987
15
99, 972
94,882
5,051

98, 379
200
98, 179
93, 046
5, 134

91, 834
0
91, 834
87,154
4,676

68, 081
0
68, 081
63, 020
5,061

73, 126
0
73, 126
68, 090
5,036

79,790
0
79,790
75, 647
4,133

73, 740
0
73, 740
70, 081
3,659

76,880
6
76, 874
72, Oil
4,863

105, 810
29
105, 781
100, 601
5,180

124, 985
103
124,882
120, 353
4,525

94,060
0
94,060
89,458
4,590

74,802
35
74, 767
71, 862
2,883

105, 444
103, 510
1,286
107, 799
105, 536
1,618

103, 832
101, 920
1,275
107, 800
105, 548
1,607

102, 899
100, 995
1,276
107, 743
105, 486
1,613

104, 115
102, 227
1,259
107, 910
105, 656
1,609

104, 289
102, 394
1,270
108, 199
105, 942
1,612

103, 137
101, 239
1,276
108, 314
106, 053
1,616

101, 566
99, 703
1,252
108, 210
105, 952
1,613

100, 588
98, 728
1,251
107, 555
105, 295
1,615

100, 291
98, 510
1,247
107, 736
105, 554
1,612

99,382
97,663
1,211
107, 861
105, 677
1,613

99, 022
97, 358
1,159
108, 109
105, 929
1,611

100, 951
99,253
1, 165
108,165
105, 933
1.596

101,317
99,503
1,223
108, 557
106,336
1,595

3.28

3.30

3.41

3.46

3.46

3.50

3.62

3.75

3.82

3.90

3.99

4.04

3.99

3.97

3.08
3.16
3.28
3.58

3.10
3.18
3.30
3.60

3.24
3.30
3.41
3.68

3.28
3.34
3.47
3.73

3.26
3.35
3.48
3.76

3.28
3.39
3.52
3.80

3.43
3.50
3.63
3.93

3.56
3.63
3.73
4.07

3.59
3.69
3.81
4.17

3.69
3.76
3.90
4.24

3.75
3.85
3.98
4.37

3.77
3.89
4.01
4.49

3.67
3.83
3.99
4.47

3.66
3.80
3.97
4.43

3.20
3.26
3.37

3.24
3.27
3.37

3.37
3.38
3.47

3.40
3.44
3.53

3.39
3.44
3.56

3.42
3.48
3.59

3.55
3.60
3.72

3.68
3.73
3.83

3.75
3.82
3.89

3.82
3.86
4.01

3.95
3.93
4.08

4.02
3.98
4.12

3.94
3.97
4.06

3.90
3. 95
4.04

2.49
2.58
2.82

2.64
2.69
2.90

2.76
2.88
3.05

2.62
2.86
2.93

2.56
2.75
2.89

2.71
2.78
2.97

2.90
2.94
3.15

2.90
3.07
3.19

3.08
3.14
3.18

3.24
3.38
3.30

3.23
3.44
3.43

3.07
3.40
33.3

3.05
3.26
3.20

3.32
3.25

323.6
110.3
98.1
3.6

1, 607. 1
102.7
1, 088. 5
115.0

707.1
125.6
248.3
9.2

288.9
56.9
130.1
2.1

1, 623. 3
109.1
1, 078. 3
128.7

731.8
147.9
254.1
8.0

292.8
64.3
122.9
3.3

1, 591. 4
105.3
1, 080. 9
117.9

749.8
142.6
269.6
9.5

314.4
79.7
127.6
6.4

2, 217. 4
267.7
1, 372. 9
217.0

801.5
168.5
268.9
8.5

335.4
103.1
116.2
3.0

1, 670. 7
107.7
1, 129. 1
127. 5

1.5
75.2
12.4
18.1
4.4

41.1
120.3
68.5
42.3
28.7

138.8
92.9
23.6
61.3
7.4

1.2
75.8
7.2
9.4
6.2

41.0
122.8
66.0
50.4
27.0

140.5
94.7
16.6
61.7
8.3

1.2
76.3
6.5
10.3
8.0

40.9
120.3
59.9
42.3
23.9

140.5
96.1
19.3
61.9
10.3

1.2
78.0
3.4
10.7
7.4

45.3
130.3
91.5
55.8
36.9

141.3
90.7
37.8
77.3
8.5

1.2
80.6
7.3
18.4
5.6

42.0
119.0
74.4
45.0
26.0

5.24
5.72
2.28
3.86
3.34
3.87

5.25
5.73
2.32
3.86
3.36
3.87

5.27
5.76
2.32
3.89
3.36
3.87

5.28
5.77
2.32
3.93
3.36
3.87

5.29
5.77
2.32
3.93
3. 36
4.01

5.35
5.85
2.32
3.93
3.36
4.01

5.35
5.85
2.32
3.97
3.39
4.01

5.36
5.86
2.32
3.97
3.39
4.01

5.39
5.89
2.33
3.98
3.45
4.01

5.38
5.88
2.37
4.05
3.45
4.01

5.39
5.88
2.37
4.06
3.54
3 99

5.43
5.90
2.40
4.13
3.52
3.99

5.44
5.91
2.41
4.11
3.52
3.99

5.44
5.91
2.42
4.11
3.52
4.00

128. 19
145. 53
49.66
73.45

136.18
155. 90
51.38
76.94

136. 10
156.14
49.74
78.32

127. 77
145. 40
49.10
72.61

131. 94
151. 11
49.55
73.51

138. 29
158.98
51.98
74.92

133. 20
152. 72
50.36
70.22

126. 56
145. 06
48.42
66.92

127. 34
146. 17
48.46
68.22

126. 44
145. 04
48.72
67.24

130. 66
150. 74
48.96
67.59

125,90
142.80
50.05
65.97

122.54
138.53
49. 98
62.74

125. 14
141. 98
49.88
63.56

4.09
3.93
4.59
5.40
4.41
2.87

3.86
3.68
4.52
5.02
4.36
2.72

3.87
3.69
4.66
4.97
4.35
2.89

4.13
3.97
4.73
5.41
4.52
3.07

4.01
3.82
4.68
5.35
4.41
3.19

3.87
3.68
4.46
5.25
4.25
3.05

4.02
3.83
4.61
5.65
4.24
3.20

4.24
4.04
4.79
5.93
4.17
3.34

4.23
4.03
4.81
5.83
4.23
3.22

4.25
4.05
4.86
6.02
4.37
3.30

4.13
3.90
4.84
6.01
4.41
3.28

4.31
4.13
4.80
6.26
4.44
3.15

4.44
4.27
4.82
6. 55
4.59
3.10

4.35
4.16
4.85
6.47
4.58
2 99

Stocks
Cash dividend payments publicly reported:
Total dividend payments
mil. of dol..
Finance
__
- __
do
Manufacturing
do
Mining _ _ _
do Public utilities:
Communications
do
Electric and gas
-do
Railroad
do
Trade - ...
_-do .
Miscellaneous
do
Dividend rates, prices, yields, and earnings, common
stocks (Moody's) :
Dividends per share, annual rate (200 stocks) .dollars..
Industrial (125 stocks)
do
Public utility (24 stocks)
do _
Railroad (25 stocks)
do
Bank (15 stocks)
do
Insurance (10 stocks)
do
Price per share, end of month (200 stocks) 9 do
Industrial (125 stocks) _
_ _ _ . __
do
Public utility (24 stocks)
do
Railroad (25 stocks)
..do
Yield (200 stocks)
Industrial (125 stocks)
Public utility (24 stocks)
Railroad (25 stocks)
Bank (15 stocks)
Insurance (10 stocks) _

_

_._

percent. .
.do _
do
_do
do
do

Earnings per share (at annual rate), quarterly:
Industrial (125 stock)
dollars
Public utility (24 stocks)
do
Railroad (25 stocks)
do
Dividend yields, preferred stocks, 14 high-grade
(Standard and Poor's Corp.)
percent-Prices:
Dow-Jones & Co., Inc. (65 stocks)
d ol. per share ._
Industrial (30 stocks)
do
Public utility (15 stocks)
do
Railroad (20 stocks)
_ _ _
do
Standard and Poor's Corporation:!
Industrial, public utility, and railroad :cf
Combined index (500 stocks)
1941-43=10-Industrial, total (425 stocks) 9
_do _ .
Capital goods (129 stocks)
do
Consumers' goods (196 stocks)
_do _
Public utility (50 stocks)
do
Railroad (25 stocks)... ._ __ _ _
do
Banks, N. Y. C. (14 stocks)
do
Fire insurance (17 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:
M^arket value
mil of dol
Shares 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
r

' 10. 75
3.27
' 6. 30

r

' 10. 50
3.32
'9.06

r

r

8 70
3 35
8. 05

11.45
3 35
9.91

r

3.99

4.01

4.15

4.22

4.17

4.16

4.24

4.39

4.42

4.56

4.63

4.51

4.47

4.46

168. 93
475. 52
65.00
157. 96

176. 71
502. 67
67.05
167. 71

180.80
511. 04
66.20
172. 87

177. 74
495. 20
65.69
173.33

173. 76
485. 33
66.24
165. 97

180. 77
509. 76
69.70
168. 35

180. 38
511.69
70.00
165. 00

173. 96
495. 01
67. 67
157. 98

171.12
483. 80
66.08
158. 96

169. 73
479. 34
66.71
155. 81

172. 41
492. 01
67.61
154. 41

171. 73
485.90
69.73
152,75

165.68
466.84
70.44
143. 02

167. 16
472. 78
71. 09
143. 12

r 44. 43
* 47. 13
'r 45. 71
34. 09
r 32. 07
' 33. 21

T

' 48. 05 'r 46. 54 'r 46. 27
' 51. 38 49. 64 r 49. 38
r 49. 82 ' 48. 33 47. 93
' 33. 90 ' 33. 95
r 35. 13
' 32. 50 rr 31. 81 r 31. 93
35. 83 ' 34. 22
* 36. 12

' 48. 78
' 52. 27
' 50. 87
* 35. 48
' 33. 01
r
34. 63

' 48. 49
' 51. 89
' 51. 44
' 35. 53
r 33. 93
' 33. 72

'r 46. 84
50. 15
r
49. 59
r 34. 84
' 32. 29
' 31. 98

' 46. 24
' 49. 52
' 48. 63
' 34. 41
' 31. 67
r 32. 22

r

45. 76
' 48. 92
48. 27
* 33. 60
' 31. 82
' 31. 73

r
46. 44
- 49. 79
' 49. 59
'r 33. 38
31. 70
' 31. 75

45.43
48.45
48.48
32.62
32.32
31.36

' 43. 47
' 46. 10
' 46. 43
' 31. 55
'32.29
'29.59

r 28. 45

' 30. 77 ' 29. 70 '27.80

' 25. 97

r

25. 95

' 25. 17

'25.86

'26.70

47. 49
' 50. 59
'r 49. 52
35. 83
' 33. 21
' 35. 24

' 27. 26 ' 27. 61 ' 27. 55 ' 25. 91

r

2,569
81, 242

3,832
131, 821

3, 453
119, 218

3,342
111,969

2,519
87, 930

2,883
101, 691

3,155
97, 039

2,436
81, 802

2,619
89, 935

2,797
89, 818

2,642
96, 157

3,035
113, 712

2,330
115, 443

2,181
53, 134

3,247
87, 135

2,913
73, 888

2,820
73, 774

2,140
60, 213

2,434
68, 752

2,670
61, 630

2,064
54, 661

2,247
62, 299

2,404
61,537

2,272
64, 816

2,589
77, 245

1,997
87, 467

46, 401

60, 363

54, 106

53, 230

37, 201

45, 712

44, 532

37, 227

40, 342

43, 550

46, 422

48,161

37, 575

209, 559
3,898

223, 887
4,063

224, 682
4,075

211,896
4,123

218, 579
4,260

229, 423
4,314

221, 160
4,333

210, 015
4,380

211, 627
4,402

211, 412
4,420

219, 176
4,462

211,997
4,489

207, 719
4,556

44.03
46. 86
46. 56

32.08
32.45
29.37
19. 50

27.80

35, 652

Revised.
* Preliminary.
§ Sales and value figures include bonds of the International Bank for Reconstruction and Development not shown separately; these bonds are included in computing the average price of
all listed bonds shown on p. S-19.
9 Includes data not shown separately.
fRevised series, reflecting expanded coverage (effective March 1,1957) and use of new base period; index level now approximates average price level of all stocks listed on N. Y. Stock Exchange. For back record, 500-stocks series has been linked to former 90-composite; back indexes will be published later.
cfNumber of stocks represents number currently used; the change in the number does not affect the continuity of series.




SURVEY OF CURRENT BUSINESS

April 1957

Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of FebruBUSINESS STATISTICS
ary

S-21

1956

March

April

May

June

July

1957

August

Septem- October Novem- December
ber
ber

February

January

March

INTERNATIONAL TRANSACTIONS OF THE UNITED STATES
BALANCE OF PAYMENTS (QUARTERLY) %
Exports of goods and services, total
mil. of dol
Military transfers under grants, net
do
Merchandise, adjusted, excluding military transactions©
mil. of dol
Income on investments abroad
do
Other services and miUtary transactions
do

5,969

Imports of goods and services, total
Merchandise, adjusted Oc?
Income on foreign investments in U S.
Military expenditures
Other services cf

do
do _
do
do
- do

654

7,023
1,093

6 119

447

416

3,936

4,406

4,087

4,845

598
781

633
891

678
907

716
868

4,844
3,249

5, 053
3,165

5,070
3,146

4,819
3,203

152
732
711

146
832
910

153
654
1,117

159
688
769

6 845

Balance on goods and services

do

4-1, 125

+1,970

+1, 049

+2 026

Unilateral transfers (net), total
Private
Government

do
do
do

-1,200
-118
-1,082

-1,711
-119
-1,592

-956
-126
-830

— 1,055
-140
-915

-546
-427
— 119

—868
-661
—207

—965
-780
—185

—987
-878
— 109

+610

+553
— 103
+159

+820
—163
+215

+222

U S long- and short-term capital (net) total
Private
Government
Foreign long- and short-term capital (net)
Gold sales [purchases ( — )]
Errors and omissions
.

do
do
_._do___
do
do
do _

-12
+23

-180

—26

FOREIGN TRADE
Indexes
Exports of U. S. merchandise :J
Quantity
Value
Unit value
Imports for consumption :t
Quantity
Value -_.
Unit value
Agricultural products, quantity:
Exports, U. S. merchandise, total:
Unadjusted
Seasonally adjusted
Total, excluding cotton:
Unadjusted
Seasonally adjusted
Imports for consumption:
Unadjusted
Seasonally adjusted

1936-38= 100
_ do
do
do
do
do
1924-29= 100
do
do
do
do
do

••261
••553
'212

'644

'291
'615

212

212

176
505
287

181
523
289

165

181

'477

'523

289

288

110
109

117
105

97
92

7,083
10, 116

7,835
10, 377

9,678
10,658

304

325

312

' 688
' 212

'660
' 211

' 175
'502

177
509
288

178
508
286

'486

287

288

288

98
101

100
106

110
'109

98
104

99
101

96
96

11, 241
13, 177

11, 919
12,813

11, 185
12, 436

12, 676
13, 866

11, 738
12,361

'332
'698
'210

'298
'623
'209

'293
'620
' 212

' 321
'676

169

' 191
'549

211

' 291
' 619
' 213

379
812
214

169
289

176
509
289

84
87

94
93

'488

0)
0)

0)
0)

Shipping Weight
Water-borne trade:
Exports, incl reexports §
« General imports

thous. of long tons
do

' 12 497 2 12 398
' 13, 832 11, 203

Valuet
Exports (mdse.), including reexports, totarl mil. of dol.
By geographic regions: A
Africa _ _
thous. of dol_.
Asia and Oceania
do _ _
Europe
do

' 1, 361. 5 '1,582.3 '1,511.7 '1,714.4 ' 1, 690. 2 '1,620.0 '1,529 0 ' 1, 523. 0 '1,659 1 ' 1, 519. 5 1,993 1

1 537 3 J»l, 583 0

r 67, 802 ' 80, 646 56, 912 ' 64, 252 ' 53, 526 ' 49, 199 ' 48, 815 ' 46, 926 ' 44, 538 ' 33, 519 55, 927
'189,322 '239,257 '230,607 ' 254, 306 '249,362 ' 239, 871 ' 234, 575 ' 225, 782 ' 278, 174 ' 231, 684 364, 154
'•351,038 '388,562 '399,579 '446,747 '429,304 '339,654 '403 883 '461 759 '458 740 '411 721 670 328

54, 422
304 799
538 243

Northern North America _ _
do _ '304,176 '349,917 '352,934 '375,335 '350,282 '307,640 ' 310, 368 '312,615 '368,712 '355 538 320, 302
' 154, 095 ' 175, 580 ' 161, 261 ' 164, 098 '171,641 ' 145, 957 '158 014 '150 038 '172 284 '172 187 200 869
Southern North America
do
'150,693 ' 180, 404 '142,489 '150,928 ' 173, 784 ' 152, 706 ' 167, 982 ' 161, 394 ' 168, 972 ' 150, 621 199, 789
South America
do
By leading countries: A
Africa:
10, 230
11, 486
' 21, 203 18, 672
' 6, 578 3,304
' 7, 865
Egypt
_ _.
do
2,603
4,759
2,376
1,017
20, 409
22, 552 ' 22, 680 ' 18, 476 19, 785
31, 975
23, 186
Union of South Africa
_
_do
19, 313
24,615
14, 773
18, 798
Asia and Oceania:
' 15, 077
16, 583 ' 12, 296 12, 603
13, 082 ' 11 475' 19 373 ' 18, 837 15 188
13, 395
Australia, including New Guinea
. do
20,461
4,122
4,744
4,936
4,035
3,841
2,761
British Malava
._ _
do
4 169
4 720
3 717
2 663
3 548
0
o
o
0
o
o
0
0
0
0
0
China, including Manchuria
do
' 22, 459 ' 42, 188 ' 30, 807 ' 30, 067 ' 34, 521 33, 743 ' 36, 063 ' 25, 996 ' 34, 206 ' 30, 350 63,822
India and Pakistan
do
'
67,
571
'
59,
912
'
79,
938
'
51,
783
'
67,
055
' 73, 729
Japan _ _.
. . do
' 71, 198 ' 65 087 ' 98 606 ' 91 596 119 392
' 9, Oil ' 8, 836 ' 10, 788 8,457 ' 11, 929 14 173
' 6, 909
Indonesia
do
12 503
15 820
14 931
19 141
27, 114 ' 26, 450 ' 27, 135
26, 035
28, 075 ' 24, 445 ' 25, 263 ' 27, 396
Republic of the Philippines
do
28,931
24 363
31, 467
Europe:
52, 426 ' 53, 263 44, 665 ' 48 237 49 072
France.. __
_. ._
do .__ 39, 512 ' 43, 248 39, 157
47 686 ' 40 476 66 861
0
o
0
51
0
18
39
East Germany
_. ._
do
113
47
64
96
62, 033
54,422
49,231
70, 409 ' 63, 948 ' 49, 873 ' 62, 289 ' 67, 721 ' 71, 135 ' 66, 948 111 679
West Germany...
._
do
41, 303 ' 40, 795 ' 37, 165 ' 41, 489 ' 33, 934 ' 33, 504 ' 39 247 ' 63 175 51 444 ' 34 896 66 151
Italy
do
123
347
1, 243
379
Union of Soviet Socialist Republics
do
601
285
123
49
66
585
14
' 58, 598 r 67, 490 ' 67, 913 ' 67, 030 ' 63, 754 ' 50, 674 ' 63, 243 ' 88 031 ' 92 686 ' 87 717 121 991
United Kingdom _
do
North and South America:
'304,176 '349,899 '352,914 '375 330 '350 274 '307 635 '310 360 '312 614 '368 710 '355 532 320 300
Canada
do

302 387
167 488
169,916

Latin American Republics, total 9
Argentina..
_
Brazil
_ _.
_
Chile....

'288,370 '335,945 '288,176 '297,319 '328,062 '281,730 r 308 773 '293,713 '323,158 '302,829
- -do
do _. ' 16, 467 21, 316 ' 14, 550 14, 142 19 613 19 251 ' 21 328 16 712
16 747
17 138
25, 475
27, 952
do
18,420 ' 20 205 24 037 r 25 195 r 28 197
25 208
25 678
21 338
....do ... 7,253
9,371
11, 247
10, 407 ' 12, 078
13 633 r 13 895
18 320 '16 498
15 105

372, 060
26 607
29 748
18 580

2,140
21, 912
13 751
4 057

2

48, 415
113 920
12 472
25 120
63 521

32
82 043
54 247

53
104 769
302 379

316,
21
26
16

730
248
179
355

••28,292 ' 35, 956
26,649
Colombia
do
31,638
33, 217 ' 25 848 26 587
25 999
15 143
24 850 '15 568
12 669
39,463
Cuba
._
.
do
51, 988 '38,929 ' 40 062 40 956
33 439 r 41 6(57
41 101 r 47 659
56 161
42 492
47 966
Mexico
do. .- r 67, 675 ' 68, 856 ' 72, 360 ' 71, 881 r 78 932 ' 65 932 ' 68 461 r go 073 T 73 575 r go 532
74 099
67 040
' 50, 046 ' 57, 950
Venezuela.
do
50, 602 ' 51, 888 ' 57, 294 ' 45, 701 50,892
77] 829
50! 055
55! 166
5S! 365
64] 918
1
2
'Revised.
r> Preliminary.
Revised indexes will be published later.
Revisions for November 1955 (thous. long tons): Exports, 8,728.
tRevisions for 1st quarter 1953-lst quarter 1955 for balance of payments and for January 1954-January 1956 for foreign trade will be shown later.
©Adjusted for balance-of-payments purposes, mainly for valuation, coverage, and timing. cfExcludes military expenditures.
§ Excludes "special category" shipments and all commodities exported under foreign-aid programs as Department of Defense controlled cargo.
1 Data include shipments (military and economic aid) under the Mutual Security Program. Total MSP military shipments are as follows (mil. dol.); February 1956—February 1957,
respectively—89.8; 104.0; 112.0; 194.6; 198.2; 330.8; 152.3; 99.9; 101.3; 107.9; 103.2; 87.1; 108.0.
A Excludes "special category" shipments. 9 Includes countries not shown separately.




SURVEY OF CUERENT BUSINESS

S-22

April 1957

1956

Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

February

March

April

May

July

June

1957
Septem- October Novem- December
ber
ber

August

January

February

1, 979. 1

1, 662. 3

1, 67& 8

'262,093 357 184
' 107, 921 134, 717
' 90, 035 141, 373
'220,363 323, 758
'827,969 1,022,087

279, 351
118, Oil
102, 535
289,000
873, 437

March

INTERNATIONAL TRANSACTIONS OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Valuei— Continued
Exports of U. S. merchandise, totall
mil. of dol..
By economic classes :cf
Crude materials
thous of dol
Crude foodstuffs
-do
Manufactured foodstuffs and beverages 9
do
Semimanufactures 9
-- - -do
Finished manufactures 9
do
By principal commodities:
Agricultural products, total®
do
Cotton, unmanufactured _- . _ _
do
Fruits, vegetables, and preparations
do
Grains and preparations
do
Packing-house products _ _ _
-do
Tohanno and marmfantnres
do
Nonagricultural products, total©
mil. of dol
Automobiles, parts, and accessories
thous. of dol
Chemicals and related products!
do
Coal and related fuels
- do
Iron and steel-mill products
do
IVIachinery total §©
Agricultural
Tractors parts and accessories
Electrical
Metalworking§
Other industrial

do
do
do
do
do
do

Petroleum and products

do

Textiles and manufactures

do

General imports, total
mil of dol
By geographic regions:
Africa _
thous. of dol
Asia and Oceania
do
Europe
do
Northern North ATP erica
do
Southern North America
do
South America
do
By leading countries:
Africa:
Egypt
do
Union of South Africa
do
Asia and Oceania:
Australia including New Guinea
do
British Malaya
do
China including Manchuria
do
India and Pakistan
do
Japan
do
Indonesia
do
Republic of the Philippines
do
Europe:
France
do
East Germany
do
West Germany
do
Italy
do
Union of Soviet Socialist Republics
do
United Kingdom
do
North and South America:
Canada
do
Latin American Republics total©
Argentina
Brazil
Chile
._ .
Colombia
Cuba

do
do
do
-do

Mexico
Venezuela
Imports for consumption total
mil
By economic classes:
Crude materials
thous
Crude foodstuffs
Manufactured foodstuffs and beverages
Semimanufactures
Finished manufactures
By principal commodities:
Agricultural products total©
Cocoa or cacao beans incl shells
Coffee
Hides and skins
Rubber crude including guayule
Sugar
Wool and mohair unmanufactured

do
do

do
do

' 1,348.0 '1,570.1 '1,499.2 '1,700.2 '1,676.5 '1,608.8 '1,518.8 '1,511.2 '1,647.0 ••1,508.4
r

125, 770 ' 153, 313 ' 184, 014 ' 196, 888 ' 185, 314
' 76, 776 112, 995 ' 109, 028 ' 133, 247 ' 133, 951
96, 185 115, 094 ' 85, 594' 106, 576 '111,880
'•216,276 229, 491 '218,506 '236,602 '237,242
••832,978 959, 229 '902,042 '1,026,924 '1,008,077

••243,471
18, 556
25, 224
' 74, 674
' 24, 614
f 22, 178
r

330, 080 '312,408 '359,342 '352,298 '277,429 '333,134 '366,922 '426,854 '355,754
92, 207 ' 83, 202
80, 923
65, 726
19, 918
' 50, 746 ' 59, 539 ' 57, 417 40, 342
30, 400 ' 40, 678 32, 832
26, 754
30, 197
36, 992
36, 075
28, 482
28, 927
116, 003 ' 103, 876 ' 123, 102 ' 128, 123 '112,286 ' 124, 262 ' 97, 927 ' 121, 933 ' 103, 335
21, 661
23, 386 ' 25, 266 20, 747
27, 900 ' 26, 558 ' 23, 537 22, 392
25, 901
21, 519 ' 29, 531 ' 61, 930 ' 52, 640 ' 32, 055
22, 677
25, 430
27, 659
24, 325

421, 819
122, 598
24, 532
123, 143
33, 486
25, 806

1, 104. 5 ' 1, 240. 0' 1, 186. 8 ' 1, 340. 9 ' 1, 324. 1 ' 1, 331. 4 ' 1, 185. 7 ' 1, 144. 2 ' 1, 220. 1 ' 1, 152. 6 1, 437. 5

1, 240. 5

'r136, 460
96, 976
42, 329
83, 924

168, 524 '132,940 ' 134, 331 ' 125, 723 '127,211
112, 779 ' 105, 188 ' 107, 386 '114,765 103, 409
' 41, 936 54, 236 ' 60, 768 69, 420
68, 303
' 91, 558 ' 92, 446 ' 99, 069 ' 90, 209 ' 66, 123

43, 748
52, 812

' 53, 978 54 516
57, 289
51, 602

••1,051.2 '1,102.1
62, 122
'181,356
r 228, 311
••218,168
' 141, 198
' 220, 059

3,551
' 11, 119

152, 616
117, 111
61, 957
120, 178

125, 696
102, 782
55, 448
110, 100

101, 850
99, 112
55, 882
104, 153

'290,616 '326,476 '272,652
6,750
10, 616
8,623
25, 118
32, 745
26, 929
' 75, 666 ' 80, 258 70, 485
' 18, 840 ' 19, 654 ' 20, 552
' 148, 766 '171,085 ' 137, 858

348, 578
7,373
31, 587
86, 884
25, 167
182, 546

300, 191
9,001
29,973
69, 295
19,729
157, 833

279, 855
11,625
29,602
67, 374
16, 707
142, 451

126, 407
62, 839

108, 426
50,925

112 550
49, 930

1, 051. 3

1, 118. 5 P 1,004.0

51, 667
169, 642
272, 146
237, 254
113, 715
206, 836

57, 078
185, 055
268,256
213, 917
147, 958
246,242

' 54, 341 ' 52, 001 ' 57, 380 ' 58, 576 ' 57, 994 ' 59, 764 ' 91, 136
52, 232 ' 58, 009
41, 845
51, 855
48, 658
51, 520
53, 512

1,068
11, 441

842

' 6, 424

414

919

7,103
' 16, 706
1,700
21, 002 ' 18, 860 ' 18, 056
21, 802
21, 096
20, 310
r 22, 602
' 36, 717 ' 39, 625 ' 44, 276 ' 48, 222 ' 43, 850 ' 46, 622 ' 58, 618
14, 308
12, 186
11,311
13, 895
17, 200 ' 19, 620 15, 004
21, 097 ' 25, 759 ' 19, 896 ' 23, 880 ' 28, 773 21, 493 ' 24, 222

r

19, 100
742

34, 514
14, 338
455

57, 140

' 984. 3

454

130

193

604

104

' 19, 524 ' 19, 292 ' 19, 837 ' 17, 549 ' 20, 093
590

255

203

39, 894
39, 550 '
15, 483 ' 15, 929 '
2,661
2,138
' 58, 291 ' 51, 619 '

42, 047
17, 082
3,428
69, 567

548

174

34, 098 '
' 14, 810 '
' 1, 510
' 63, 952 '

40, 467 '
16, 706 '
2,171
58, 733 '

425

438

7,068

8,698

2,651
11,447

1,982
9,803

11, 047
13, 592

6,841
21, 966

15 428
19,958

16, 940
16, 064

599

138

556

671

' 13, 049 18, 944
45, 055
44, 039
17, 439
18, 428
16, 254
12, 358

24,798
47, 556
16,584
28,904

449

729

8,442

' 7, 960 ' 13, 075

' 7, 953

3,751 ' 18, 672 12, 626
12 002
14, 470
5,953
' 22, 861 ' 23, 325 ' 17, 583 ' 14, 720 ' 14, 532 16, 346
874

' 992. 8 '1,115.5

' 991. 1 ' 1, 093. 6' 1, 033. 4 ' 1, 050. 7 ' 1, 050. 6

52,811 ' 53, 411 ' 51, 984 ' 46, 695 ' 48, 865 ' 47, 251 46, 129
46, 898 ' 38, 052
'192,538 ' 177, 045 ' 193, 752 ' 180, 506 '181,012 ' 192, 964 ' 162, 580 '205,159 ' 152, 871
'248,672 '228,572 '254,269 '229,741 '239,594 '232,730 '223,866 '287,660 '264,169
' 222, 153 '224,174 '256,027 '243,915 '243,541 '267,495 '232,660 '276,472 '250,184
' 150, 548 ' 122, 308 ' 127, 697 '119,736 '116,923 '110,786 ' 95, 969 ' 100, 719 ' 94, 564
'235,332 ' 185, 549 '209,889 ' 212, 807 ' 220, 722 ' 199, 323 '231,573 ' 198, 600 ' 184, 461
1,699
8,944

13, 826
' 21, 095
1,132
' 17, 514 23,720
' 44, 385 56,005
15, 782
13, 237
' 19, 059 ' 19, 335

20, 914
'372
42, 033 '
18, 401
1,921
57, 563 '

14, 984
631

' 22, 903 ' 21, 284
419

429

19, 304
315

37, 708 ' 50, 720 44, 169
50, 095
19, 434
24, 966
24, 235
16, 703
3,751 ' 2, 936
855
1,127
58, 931 ' 72, 002 62, 043
65, 631

25,019
455

41, 220
21, 936
1,018
58,078

'218,068 '222,095 '224,137 '255,994 '243,676 '243,506 '267,395 '232,660 '276,204 '249,943

237, 220

213, 798

••334,571 '355,333 '285,376 '310,059 '306,757 '315,509 '284,754 '304,482 '268,906 '254,393
12, 364
6,714
9,321
' 9, 140
7,717
11, 556
' 9, 650 9,730
' 15, 020 ' 15, 132
79, 241
47, 909
59, 701
58, 425 ' 75, 205 59, 090
' 66, 666 ' 78, 948 ' 42, 261 64, 674
23,
151
'
19,
295
21,
806
'
24,
183
14,
765
15,
536
'
20,
744
16,
865
'
16,
430
23,
632
r
25, 339
40, 412
32, 066
44, 649 ' 36, 146
42, 578 41, 384 ' 26, 759 32, 379
23, 991
18, 664
31, 328
36, 493
44, 215 ' 45, 469 44, 565 ' 48, 524 43, 439 ' 40, 632 46, 995
43, 408 ' 34, 594 35, 950 ' 30, 399 ' 32, 391 ' 25, 929 ' 28, 582 ' 25, 993 29, 410
41, 499
' 55, 912 52, 527 ' 53, 484 ' 58, 536 ' 56, 532 ' 59, 721 ' 55, 816 56, 704 ' 59, 664 ' 67, 886

294, 445
9,004
53, 690
29,276
29, 702
21, 366
33, 926
64, 340

363, 851
13, 106
73,391
21, 772
35, 286
41,560
43,930
79, 514

'1,035.8

of dol
do
do
do
do

'263,153
'196, 170
96 021
'246,022
'234,469

1, 071. 9

' 996. 3 ' 1, 126. 4 '1,001.0

1, 044. 1

1, 110. 9

'262,475 '244,036 '279,927 '236,442
' 146, 388 181, 028 143, 384 131, 537
79, 536
' 107, 490 91, 735 100, 869
'247,528 '229,690 '281,790 '259,861
'278,847 '249,852 '320,467 '293,666

252, 885
167, 615
82 201
268, 133
273, 266

259, 576
200, 433
102 948
263, 812
284, 106

256, 906
6,103
93, 869
3,307
30, 394
14, 861
13, 989

308, 261
11,516
115, 785
3,866
36, 247
18, 587
15, 258

377, 609
20,189
141, 758
4,242
29,616
44,067
25, 016

522 ' 704, 879 ' 738, 248 '675,856 '837,392 ' 744, 137
'660,219 ' 739, 924 ' 702,
5,694
3,218
4,553
4,939
7,547 T 7, 176
' 7 654
6,527

735, 838
11, 555

733, 266
10,523

'121 019 '124,603 ' 122, 581 ' 107, 091 '119,800 '113,205 r 135, 718 ' 115, 184 136 845
31, 061
47, 007 ' 52, 265 ' 38, 977 ' 41, 580 36, 074 ' 47, 177
48, 276
45, 968
15, 568
' 12, 954 ' 12, 314 ' 11, 031 ' 11, 599 ' 12, 906 ' 13, 053
14, 548
16, 800
28, 314
32, 221
27, 759
24, 214
29, 087 ' 29, 221 ' 30, 298 31, 910
25, 566
52, 400
59, 852
60, 289
62, 913
57, 165 r 59, 947
61, 660
53, 804
56, 915
' 96, 151 ' 107, 840 ' 102, 986 ' 110, 145 ' 104, 772 104, 179 ' 121, 499 ' 104, 435 108, 021

129, 739
47,533
10,830
25,745
55, 072
125,022

' 977. 7 ' 1, 072. 9 ' 1, 028. 7 1, 044. 9 ' 1, 042. 7

'263,961 '245,026
'215,266 144, 605
100, 913 101 054
' 239, 971 '237,117
'251,785 '249,945

'264,829
' 162, 105
' 105, 752
'256,983
'283,260

'245,503
' 175, 170
105 562
'244,461
'257,995

'248,139
' 190, 195
' 100, 029
'235,889
'270,676

122, 814
23, 368
126, 838
25, 731
23, 289

96, 430 '104,495 ' 110, 282
108, 603
99, 818 ' 86, 343
69, 761
74, 961
73, 710
' 86, 021 ' 105, 814 ' 94, 433

'110,473
105, 319
' 80, 687
' 60. 697

'295 409 '329,276 '322 015 '353,952 ' 344, 369 '365,012 '304,691
11, 564
12,808
10, 065
13, 730
12, 089
12, 690
10, 895
28, 745
37, 748 ' 37, 984 ' 40, 680 ' 32, 985
31, 169
33, 567
T
76, 456 ' 79, 492 ' 92, 244 ' 92, 957 ' 136, 193 ' 79, 139
73, 798
17, 060 ' 20, 212 ' 19, 388 22, 426 '21, 114 ' 17, 229 ' 16, 808
146, 898 '166,004 '158,551 ' 172, 081 '171,730 '159,309 '155,818

'380,291 '403,190 ' 317, 529 '333,005 '326,171 '340,049 '304,479 '320,486 '289,045
6,414
6,748
15, 872
16, 749
10, 803 ' 8, 173
11, 568
12, 437
17, 014
98, 906
92, 306 107, 882 '125,715 ' 140, 703 ' 99, 704 139, 282
' 141, 968 159, 628
6,494
3,308
4,356
4,928
7,760
7,192
6,729
6,708
5,793
25, 661 ' 32, 653
' 44, 192 ' 43, 031 ' 38, 403 ' 27, 373 23, 108 ' 24, 831 22, 981
26, 694
44, 179 ' 42, 684 ' 46, 591 37, 461
44, 523
40, 156
39, 020
42, 789
r
14, 398
17, 328
19, 276
26, 903 ' 21, 567 22, 829 ' 16, 974 ' 18, 307
27, 170

'655,544 '668,705
Nonagricultural products, total©
do
8,914
9 067
Furs and manufactures
do
Nonferrous ores, metals, and manufactures, total
thous of dol ' 118, 759 112, 670
42, 457
41, 930
Copper, incl ore and manufactures
do
' 17, 459 14, 273
Tin, including ore
do
25, 673
28, 628
Paper base stocks
do
54, 376
52,629
Newsprint
do
' 97, 505 105, 516
Petroleum and products
do
r

'256,569 '280,105
' 95, 662 '118,627
' 104, 745 120, 614
'231,959 '241,276
'822,228 '886,373

541, 627
144, 303
31, 879
156, 046
34, 551
45, 608

of dol

do
do
do
do
do
do
do

' 148, 133 '212,206
'110,944 '113,192
' 97, 608 ' 104, 836
'198,333 '204,498
'1,053,804 '884,084

Revised.
* Preliminary.
\ Revisions for January 1954-January 1956 will be shown later.
1 See similar note on p. S-21.
cf Data for January-June 1956 are based on classifications in Schedule G and are not entirely comparable with other months.
9 Data for semimanufactures reported as "special category, type 1" are included with finished manufactures. Effective with the October 1956 SURVEY, private relief shipments of food
products are Included under manufactured foodstuffs rather than under finished manufactures, where they had been reported through 1955.
©Includes data not shown separately.
§ Excludes "special category, type 1" exports.




SURVEY OF CURRENT BUSINESS

April 1957
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

S-23

1956
February

March

April

May

June

July

1957
August

Septem- October Novem- December
ber
ber

January

February

March

TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Airlines
Operations on scheduled airlines :§
Milesflownrevenue
Express and freight ton-miles
Mail ton-mites
flown
Passengers carried revenue
Passenger-miles flown revenue

... thousands
flown
_do
__
__do_.
do
_ _ millions

44,500
16, 108
7,181
2,645
1,507

49, 081
18, 766
6,739
3,034
1,743

50,204
16, 702
7,216
3,172
1,787

52, 625
18, 560
7,742
3,230
1,782

52, 823
19, 083
7,179
3,536
2,085

54, 891
18,069
6,810
3 097
1,878

55, 582
22, 256
7,408
3 392
2,007

53,368
22, 747
7,018
3,301
1,902

55, 165
25, 111
7,892
3,421
1,879

51 671
22, 803
7 522
3,040
1,656

54, 232
23,344
10, 482
2,913
1,765

29,441
8,836

33, 471
12, 388

31, 657
11, 742

32, 137
11, 756

32, 425
12, 360

30 094
10, 664

33 134
13, 508

32, 038
11, 354

37 797
16 415

34 427
12 262

41 024
15 393

31 391
9 758

14.9
r
713
i 115. 1

14.9
783
' 124. 2

15.0
'736
* 119. 3

15.0
776
' 123. 6

15.0
708
' 114. 7

15.0
r
653
111.0

15.1
r
681
115.0

15.1
685
106.4

15 2
'772
123 3

15 2
735
120 6

15 4

15 5
728
119.3

15 6

124 4

Express Operations
Transportation revenues
Express privilege payments

thous. of dol
__do__

Local Transit Lines
Fares average cash rate O Passengers carried, revenue
Operating revenues

cents. _
millions
mil. of dol__

r

739

668

Large Motor Carriers (Intercity)
Carriers of property (quarterly totals) :1
Number of reporting carriers
Operating revenues, total
_
thous. of dol_.
Expenses total
_ _
do__
He venue freight carried
thous of tons
Carriers of passengers, class I (quarterly totals) :
Number of reporting carriers
Operating revenues, total
thous. of dol__
Expenses total
do
Revenue passengers carried
_
thousands. _
Class I Railways
Freight carloadings (A. A. R.):o"©
Total cars
thousands..
Coal
do
Coke
do
Forest products
do
Grain and grain products
do
Livestock
do _
Ore
-.
do
Merchandise, 1 c 1
do__
Miscellaneous
do
Freight carloadings (Federal Reserve indexes):©
Total unadjusted
1935-39= 100. _
Coal
do__._
Coke
..do
Forest products
do
Grain and grain products
do
Livestock
do
Ore
do
Merchandise, 1 c. 1
do
MisceDaneoua
do

900
860, 387
832, 029
60, 038

892
883, 010
840, 256
58, 644

887
888,184
848, 788
57, 084

152
78, 348
81,080
67,635

151
95, 227
86, 566
71, 404

147
115,901
93, 661
74, 588

149
94 415
88 359

69, 084

2,751
563
55
173
182
26
80
238
1,433

3,517
662
67
226
239
35
110
312
1,866

2,969
536
52
179
196
29
202
245
1,529

3,115
551
53
184
202
26
331
242
1,526

3,862
646
62
236
293
30
432
290
1,873

2,397
396
17
178
245
27
85
218
1,230

2,916
546
34
198
225
37
234
241
1,402

700
59
228
262
60
418
304
1,908

3,284
584
49
181
227
59
349
249
1,584

2,988
563
50
166
203
44
265
230
1,468

3,392
684
65
194
246
33
168
263
1,741

2,565
528
52
155
201
24
81
200
1,324

2,616
521
55
154
202
21
83
217
1,364

3,446
691
66
203
264
28
119
290
1,784

121
115
171
141
129
47
71
38
136

123
109
168
146
135
50
78
39
140

128
111
164
145
138
52
180
39
144

132
114
168
151
143
47
298
38
145

131
107
155
155
170
44
304
37
143

110
87
55
151
179
51
78
36
121

126
113
118
159
155
67
224
38
135

138
120
156
151
154
91
313
40
150

138
120
155
146
159
103
304
39
149

132
122
166
140
147
77
224
37
144

121
114
170
127
143
46
110
34
135

117
112
171
128
147
44
72
33
130

116
109
173
128
144
38
77
35
130

120
114
166
131
148
40
82
37
134

126
130
133
132
131
107
123
Total, seasonally adjusted
do
128
127
133
130
127
128
114
107
111
109
115
87
Coal
do
113
120
120
112
114
109
122
161
170
158
167
167
57
123
Coke
do_ _
157
162
158
163
163
166
145
146
145
147
151
149
152
Forest products
do
138
140
142
143
134
143
163
146
131
149
167
157
Grain and grain products_
do
143
152
159
138
147
147
150
52
63
59
58
59
Livestock
do
58
69
71
67
48
47
46
61
208
268
196
208
285
149
49
Ore
do
215
208
354
307
290
215
38
39
39
38
38
36
38
Merchandise, 1. c. 1
do
38
38
35
35
36
37
146
148
145
138
143
120
Miscellaneous
_ _ _ do
139
134
143
137
138
142
138
Freight-car surplus and shortage, daily average:©
3,854
5,121
24, 806
4,477
6,910
14, 386
7,663
4,715
3,763
8,329
6,637
Car surplus, total 9
number
13, 331
4,228
2,172
366
2,577
3,767
777
979
3,218
Boxcars
do
446
27
3,274
1,052
5,776
1,104
444
27
165
448
40
17, 683
Gondolas and open hoppers
do _
7,519
148
0
374
191
326
24
6,999
5,674
4,802
3,355
6,686
12,371
6,882
4,014
15, 883
Car shortage, total 9
- - - - do_
2,406
3,507
1,646
7,844
2,642
3,557
3,844
3,797
2,366
2,905
2,966
Boxcars
do
4,316
6,085
1,272
1,024
2,355
551
2,929
740
870
3,490
1,430
7,604
Gondolas and open hoppers
do
9,174
3 561
735
989
2,408
976
5,345
Financial operations:©
r
925.4
889.0
814
6
900
5
877
9
874.9
807
6
907
3
Operating revenues total 9
inH. of dol
963.2
871.0
815
5
855
6
887
6
r
759. 8
749.2
695. 4
745.2
764 7
795.0
759.7
670.7
Freight
do
828.0
695.9
720.6
724.9
758.8
69.1
57.8
59.7
57.3
70.9
60.1
Passenger
do
59.3
72.2
56.5
71.3
57.6
65.8
57.4
641.1
678.4
686.4
701.6
657.9
671.0
654.4
679.7
Operating expenses _
- - do _
699.4
689.3
688.6
687.1
Tax accruals, joint facility and equipment rents
121.3
121.6
106.1
119.1
112.7
mil. of doL.
124.0
91.8
119.5
142.1
108.7
95 9
112 7
97.4
192.5
94.2
89.0
67.0
61.4
95.0
103.6
Net railway operating income
do _
121.7
85.8
58.3
87.8
65.7
43.3
77.2
85.8
73.7
70.1
47.1
86.7
Net income*
_ _
do _
77.6
95.4
43. 1
103.1
68.1
Operating results:©
56, 373
53, 044
58, 648
55, 414
56, 802
57, 606
48, 304
Freight carried 1 mile
mil. of ton-miles
57 350
54, 108
60 730 55 291
51 591
1.439
1.354
1.400
1.404
1.385
1.392
1.380
Revenue per ton-mile _ -cents
1.396
1.342
1.368
1.452
1.407
2,121
2,792
2,215
2,200
Passengers carried 1 mile, revenue
millions
2,101
2,745
2,584
2,094
2,241
2,601
2,347
2,047
Waterway Traffic
Clearances, vessels in foreign trade:
9,584
13, 347
13, 388
14, 476
11, 453
10, 829
Total U. S. ports
thous. of net tons
13, 288
13.030
13, 826
12, 620
12, 467
9,922
8,403
7,458
9,767
8,003
9,989
9,644
10, 788
Foreign vessels
_ _
do__
10, 552
9,888
9,715
2,126
3,041
3,621
3,050
2,826
3,644
3,688
3,425
United States vessels
do „__
3,274
2,732
2,752
Panama Canal:
3,814
3,874
4,045
3,744
Total
thous. of long tons
3,819
3,559
3,871
3 576
3,878
3,897
4,608
4,253
3,743
894
1.026
In United States vessels
.
_ do , _
1,055
891
1.022
1.048
1.027
1.089
1.137
930
905
1.200
959
r
Revised.
1 Revision for January 1956, $119,300,000.
§Beginning January 1955, data include local service operations of one carrier.
0 Revisions for January-December 1954 are available upon request.
fData beginning 1st quarter 1955 cover large motor carriers having annual operating revenues of $1,000,000 or above.
©Beginning January 1956, data cover the revised I. C. C. list of class I railroads; i. e., carriers having annual operating revenues of $3,000,000 or more (old basis, $1,000,000 or more).
cf Data for March, June, September, and December 1956 and March 1957 are for 5 weeks; other months, 4 weeks.
9 Includes data not shown separately.
^Revision for January 1956, $46,300,000.




130
114
165
131
160
51
283
36
141

6,428
2,331
543
1,851
1,118
619

SUKVEY OF CURRENT BUSINESS

S-24
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

April ]957

1956

February

March

April

May

June

July

1957

DecemOctober NovemAugust September
ber
ber

January

February

March

TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION— Continued
Travel
Hotels:
\verage sale per occupied room
dollars
Rooms occupied
percent of total
Restaurant sales index
same month 1929=100
Foreign travel:
II S citizens' Arrivals
number
Departures
do
Aliens* Arrivals
do
Departures
do
Passports issued and renewed
. do
National parks, visitors
thousands
Pullman Co.:
Revenue passenger-miles
millions
Passenger revenues
thous. of dol

7.47
75
257

7.30
72
239

8.03
76
282

7.33
74
294

7.99
74
286

7.48
64
240

8.37
71
273

8.17
74
268

8.58
81
278

8.39
69
257

7.53
57
241

7.91
72
262

8.07
74
270

87,568
96, 072
50 935
35, 978
44,658
356

100, 607
113,450
66, 198
41, 439
61, 160
451

95, 612
115, 267
70,050
43, 420
70, 533
695

97, 163
116, 504
71, 572
45, 758
79, 022
1,141

116, 598
169, 866
74, 695
53,235
60,712
3,008

144, 294
157, 539
82, 192
52,603
54,512
4, 755

168, 916
133, 981
86, 161
55, 472
41,001
4,660

144, 661
101, 622
96, 130
52, 428
31, 930
2,214

110, 808
90, 223
80, 991
47, 484
31, 578
1,151

88,653
78, 796
75, 116
43, 139
24,299
461

85, 987
90, 272
69, 458
50, 458
23, 001
290

39, 245
302

49,970
364

606
7,938

587
7,693

553
7,239

491
6.919

583
8,243

551
7,807

561
7,941

506
7,159

508
7,238

461
6,554

521
7,397

589
8,979

481, 642
279, 770
160, 248
317, 403
65, 936
49, 488

500, 384
284, 427
174, 199
335, 426
65, 934
49,790

497, 170
285, 273
169 239
327, 381
68,677
50,056

508, 204
287, 980
177, 309
341, 681
67, 478
50,346

506, 108
288, 724
173, 635
334, 396
70, 217
50, 568

504, 721
286, 352
174, 157
339, 207
67,683
50, 819

519, 153
289, 298
184, 899
345, 077
71, 485
51, 097

503, 100
290, 175
167, 680
328, 318
71, 627
51, 392

528, 393
298, 202
184, 414
352 786
72, 536
51, 722

520, 872
297, 972
176, 933
352, 456
68,729
52, 034

536, 491
304, 385
185, 135
348, 942
78, 940
52, 475

18, 395
15, 985
1,522

20, 058
16,920
2,220

18,842
16, 345
1,602

20, 288
17,284
2,086

20, 020
17, 766
1,334

19, 013
18, 019
90

20, 544
18,542
1,114

19,565
17,550
1,354

21, 839
18, 372
2,676

20,250
17, 879
1,713

20,828
18, 135
2,264

20,680
18,299
1,371

2,692
2,066
369

2,832
2,105
458

2.725
2,134
334

2,816
2,292
255

2,854
2,102
487

2,839
2,140
434

2,826
2,143
440

2,760
2,106
408

2 952
2, 164
520

3 078
2,205
626

3 094
2,072
728

3,034
2,231
528

2,961
2,390
465

3,174
2,442
620

3,123
2,459
549

3,269
2,509
637

3,237
2,430
688

3,177
2,440
628

3,307
2,484
705

3,044
2,384
580

3,407
2 519
823

3,656
2, 519
1,069

3,569
2,653
814

3,591
2 641
843

COMMUNICATIONS
Telephone carriers:
Operating revenues $
Station revenues
Tolls message
Operatin01 expenses before taxes
Net operating income
Phones in service end of month

thous of dol
do
do
do
do
thousands

Telegraph, cable, and radiotelegraph carriers:
Wire-telegraph:
Operating revenues
thous of dol
Operating expenses, incl depreciation
do
Net operating revenues
do
Ocean-cable:
Operating revenues
do
Operating expenses, incl depreciation
do
Net operating revenues
do
Radiotelegraph:
Operating revenues
do
Operating expenses incl depreciation
do
Net operating revenues
do

CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production:
Ammonia, synthetic anhydrous (commercial)
short tons.. 286, 743
Calcium carbide (commercial)
do
91,550
46, 714
Carbon dioxide, liquid, gas, and solid-do
303. 052
Chlorine, gas
do
74, 897
Hydrochloric acid (100% HC1)
_ . do.

316, 734
87, 155
54, 249
326, 480
81, 245

306, 172
83,128
58, 382
322, 428
78, 467

310,422
82, 776
74, 169
326, 726
77, 365

262, 093
83,824
92, 425
308, 928
74, 168

248, 384
74,490
95, 002
255, 541
57, 777

242,584
76, 718
94, 183
298. 799
68,513

257, 014
81, 693
77,232
320, 882
77, 549

272, 708 264, 436 290, 512 302,504
94, 472
92, 793
89,275
92,637
' 69, 367 59,904 ' 56, 790 53,833
333, 775 329, 457 ' 340, 125 334, 403
77, 779
80, 754
78, 875
80, 799

211,530
2,642
313, 691

233, 094
2,903
331,581

210, 216
2,727
312, 054

194, 151
2,817
322, 354

177, 228
2,620
299, 338

173, 527
1,524
235,900

188, 875
2,416
263,647

183, 498
2,643
289, 747

193, 472
2,883
320, 709

196, 831
2,809
279, 192

416, 418
10, 347
341, 351

436, 137
10, 910
369, 483

431, 962
9,939
361, 981

443, 569
9,954
369, 173

405, 607
9,444
347, 304

402, 926
7,779
283, 019

409, 008
10, 344
327, 407

403, 414
10, 263
354, 664

423, 468
10, 657
366, 521

401, 919 394, 497 379, 549
7,794
9,649
10. 115
358, 153 ' 375, 554 365, 413

57, 706

52, 261

54, 728

55, 292

46, 827

45, 569

51, 929

47, 597

60,779

65, 837

68,390

70, 333

71, 445

72, 678

63,421

61, 926

66,657

72,434

75, 977

74, 634

1,350

1,441

1,363

1,382

1,270

1,130

1,182

1,272

1,361

1,315

' 1, 339

1,386

1,313

22.35

22.35

22.35

22.35

22.35

22. 35

22.35

22.35

22.35

22.35

22.35

22.35

P 22. 35

42, 662
73, 385
1,931

41, 851
79,150
1,728

45,006
71,802
1,412

44, 221
77, 102
1,453

46, 410
74,232
1,731

44, 480
73, 797
1, 271

47, 922
72,202
1,046

45, 692
74, 808
1,003

49,343
70, 277
1,356

46,853
75, 122
1,488

49, 737
90,378
1,618

85,428
1,491

39, 122
37, 005
28, 077
8,928
42, 042
868

40, 838
35, 728
28, 682
7,045
49,506
1,061

38,248
33, 178
26, 475
6,703
39,506
965

45,901
35,364
25,638
9,726
45, 529
858

43, 755
38, 165
25, 853
12, 311
41, 375
1,033

40, 044
40, 613
28, 898
11, 715
38, 960
574

38,201
43, 576
30, 807
12, 770
36, 692
917

32, 942
40, 078
30, 486
9,591
40,054
900

36, 066
37,290
27, 157
10, 132
38, 498
1,120

36, 656
33,844
25,403
8,441
36, 240
1,307

36, 459
33, 858
25, 533
8,325
35, 059
1,098

36, 322
33,337
25, 777
7,560
42, 818
943

32,766
31,214
23,869
7,345
33, 326
925

22, 666
22, 464
6,699

26, 629
23,683
9,585

21,280
21, 497
9,371

24,464
24,854
8,810

22, 346
24,387
6,855

20, 932
19,050
8,678

19, 770
20, 930
7,356

21,487
19,115
9,964

20,769
20, 106
10,588

19, 588
18, 881
11, 178

18, 899
19, 865
10, 421

23, 053
21, 140
12,194

17,896
18,371
12, 134

9,160
11, 400
i 5, 370
12, 201
10, 130
10, 165
Creosote oil, production
thous. of gaL.
8,820 i 10, 166 i 9, 162
11, 707
12, 138
10,641
12, 100
11, 927
11,912
10, 967
DDT, production
thous. of lb__ 10, 742
13, 712
11,083
10, 949
6,736
8,111
8,285
5,398
6,820
7,702
7,204
6, 791
Ethyl acetate (85%), production
do
6,969
10, 171
72, 263
84,495
90, 119
80,315
80,050
85, 686
81, 632
Ethylene glycol, production
do
81, 911
95, 494
89, 261
86, 139 108, 512 114, 430 119, 056 116, 914
Formaldehyde (37% HCHO), production. _ do... 110, 519 121,906 112, 692 116, 444 112, 656
Glycerin, refined, all grades:
13, 914
22, 656
20, 415
20, 767
19, 705
22, 197
21,234
22, 641
Production
do
20, 666
23, 114
14, 142
15, 785
16, 103
Consumption
_ .
do
16, 254
15, 523
16, 940
16, 874
16,608
15, 686
16, 928
48, 127
50, 618
48, 468
46, 357
45, 184
Stocks, end of month
do
48, 862
48, 094
47, 087
45, 146
40, 497
Methanol, production:
156
196
198
194
200
189
204
199
189
Natural-.
thous. of gal. .
178
19, 054
19, 720
19, 408
19, 386
17,468
20,004
19,078
17, 814
20,703
Synthetic
do
17, 070
24, 143
25, 041
24, 965
22, 690
27,002
22, 919
28, 271
24,507
29, 625
Phthalic anhydride, production
.._ thous. of lb._ 28, 714
r
Revised.
* Preliminary.
1 Incomplete; comparable amount for February 1956 is 8,047,000 gallons, and for June 1956, 9,983,000 gallons.
9 Includes data not shown separately.
cfData (except for alcohol) are reported on basis of 100-percent content of the specified material unless otherwise indicated.

14, 456
11,201
8,306
95, 181
107, 918

7,978
10, 878
8,748
93, 089
109, 149

19, 624
15, 276
51, 018

22, 811
17,029
51,634

T72
21, 312
27, 093

171
20,503
25, 561

Nitric acid (100% HNOs) .
do
Oxygen (high purity) ..mil. of cu. ft
Phosphoric acid (50% HaPOO
short tons
Sodium carbonate (soda ash), synthetic (58% Na2O)
short tons.Sodium bichromate and chromate
do
Sodium hydroxide (100% NaOH)
do..
Sodium silicate, soluble silicate glass (anhydrous)
short tons._
Sodium sulfate (Glauber's salt and crude salt cake)
short tons.Sulfuric acid:
Production (100% HaSO^
thous. of short tons. Price, wholesale, 66°, tanks, at works
dol. per short ton__
Organic chemicals :cf
Acetic acid (synthetic and natural), production
thous. of lb. .
Acetic anhydride, production
do
Acetylsalicylic acid (aspirin), production
do
Alcohol, ethyl:
Production
_
thous. of proof gal
Stocks, end of month, total
do .
In industrial alcohol bonded warehouses.. .do
In denaturing plants
do
Used for denaturation__ _ . _ _
do
Withdrawn tax-paid-do
Alcohol, denatured:
Production
thous of wine gal
Consumption (withdrawals)
do
Stocks, end of month
. do




r

231, 630 237, 519
2,801
2,893
275, 711 337, 694

r

50, 677

55, 869

74, 865

76, 657

294, 701
77, 754
291, 428
74,924
231, 148
351, 154

376,731
321,922

19,642
15,345
51, 974

69, 146

SUKVEY OF CUKKENT BUSINESS

April 1957
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

S-25
1957

1956

February

March

April

June

May

July

DecemOctober NovemAugust September
ber
ber

January

February

March

CHEMICALS AND ALLIED PRODUCTS—Continued
FERTILIZERS
Consumption (10 States)© .
Exports total 9
Nitrogenous materials. _
Phosphate materials 9
Potash materials

-thous. of short tons.
703
short tons 403, 162
_
do. __ 76. 991
288, 648
do
30, 016
do

1,528
482, Oil

118,932

318. 514
32, 799

1,692
416 569
79, 21 3
274, 267
45, 726

246, 446 >• 293, 053 266 838
Imports, total 9
^o
Nitrogenous materials, total 9
-do. __ 173, 386 ' 187, 829 195, 624
25. 109
80, 688
63, 410
Nitrate of soda 9
do 11 474
8 538
7,920
Phosphate materials
do
32, 974
19, 991
51, 501
Potash materials
do _
Price, wholesale, nitrate of soda, crude, f. o. b. cars,
51.25
51.25
51.25
port warehouses
dol. per short ton

1,166
545, 313
128, 552
372, 716
34, 375
r

179, 343
110. 427
48 581
r
9 836

7,344

r

656
237
458, 626 613 473
' 92, 969 69, 233
336, 710 509 481
29, 828
16, 400

r

132, 140
r 84, 001

53 620
15 564
3 893

70, 690
42, 309
6 212
7 369
6 099

246
187 r
470, 576 382 821
71, 239
55, 303
339, 885 294 718
47, 438 M8,229

422
490 565
78, 341
350 392
48, 759

461
368
380, 619 r368 561
91,922
52, 707
279, 727 '226 041
39, 574
35. 031

129, 891 r!43 919 r!46 066 '238 657
67, 116 r 70, 165 r 86, 597 r 184, 358
o r 8 859 83, 707
0
14, 522
12 769
3 080
18 311
24, 081
37, 214
23 233
32 946

227 306
158, 937
78 702
10 218
39 842

384
391 541
68, 610
264 038
42, 660
167 168
113, 043
30 483
7 336
20 606

51.25

51.25

51.25

51.25

51.25

49.50

49 50

49 50

49 50

49 50

210, 257

257, 348

144, 256

60, 904

92, 399

124, 323

139, 283

147, 407

160 260

179, 599

162, 814

183, 140

246, 634
371, 161

241 236
292, 981

222 820
320, 768

169 418
388, 630

136, 584
405, 765

143, 146
407, 485

170 533
393, 805

207, 107
392, 967

208 612
400 995

208 016 rr219 855
414 743 414 922

215 474
419, 631

461
63, 987

526
71, 445

451
77, 634

238
84, 290

572
82, 831

389
70, 574

448
82, 333

415
78, 839

441
88, 843

640
77, 063

476
3,194

3,205

3,240

3,330

3,494

598

3,277

3,637

524
3,681

3,706

3,852

3,936

3,998

21, 294
15, 024
14, 398

18, 957
14, 386
12, 316

19, 619
15, 972
11, 584

22, 294
18, 361
13, 417

18 738
13, 919
14 497

17, 090
14, 422
16, 377

17, 836
20, 197
11, 679

14, 712
16, 557

18, 305

19,200
8,386

21, 315
17, 764
12, 109

20, 257
15, 612
18, 986

22, 837
21, 537
20, 279

27,085

7,895

241, 645
132, 720
318, 893

240. 360
138, 274
331, 771

224, 044
134, 718
309 836

242, 578

207, 829
104, 126
329, 256

223, 301
140, 555
311, 126

198, 140
131, 086
297, 957

225, 356
144, 904
299 535

239, 443
131, 692
337, 568

225, 051
126, 883
342, 194

236, 928

145,660

308 466

222, 085
129, 162
322 302

349, 056

239, 230
133, 123
347, 889

497
13, 562
69, 536

686
13, 048
54, 579

2,480

18, 143
10, 706
73, 762

34, 638
10, 509
75, 052

39, 214
85, 977

37, 688
11, 457
86, 981

21, 703

10, 280
50, 679

9,748

14, 722
12, 059
115, 838

7,964
11,302

114, 465

115, 366

12, 271
14, 738
102, 606

*• 1, 031
13, 626
87, 079

259
14, 446
70, 917

607
614

584
624

529
543

496
552

416
452

364
376

395
456

497
448

699
624

649
580

614
553

647
573

584
501

645
566

621
550

609
595

571
583

527
515

519
426

471
348

503
313

548
343

584
384

616
409

603
446

597
460

thous of Ib
do
-do
do

109, 214
29, 824

169, 923
45, 478

98, 657
32, 089
1,476
30, 612

1 06, 478
32, 441
2, 738
' 29, 703

150 194
35, 101

119, 263 ••103,390 ••119,378
45, 24S
44, 895
24, 992
2,937
1,215
5,728
42,312 23, 777
39, 167

105, 891
39, 040
6,616
32, 424

98, 029
41, 247

165, 609

37, 983

191, 247
35, 709
1,830
33, 879

short tons
do
do

21, 590
16, 460
22, 990

24, 593
23, 023
31, 942

26, 708

25, 164
23, 457
29, 195

30, 614
20, 016
26, 309

29, 643
10, 830
22, 350

25, 879
13, 350
27, 474

25, 171
16, 690
26, 523

35, 504
12, 967
31, 265

27, 230

27, 503

30, 277

18, 629

36, 783

23, 484

28, 697

thous of Ib
do

27, 263
30, 376

31,511

33 716
32, 478

32, 347
36, 081

39 306
36, 377

38, 138
27, 650

33, 590
32, 345

32, 5Q6
31, 906

45, 059
33, 630

34, 510
31, 081

35, 097
28, 776

38, 967
30, 670

31, 114

33, 254

do .
do

48, 172
30, 756

52, 514
31, 756

52, 427
32, 251

58, 181
34, 949

55, 970
35, 335

44, 211
25, 816

52, 165
33, 397

50, 553
29, 379

52, 414
32, 175

47, 123
27, 982

45, 760
27, 961

50, 094

28,906

46, 602
31, 098

do __
do
d®

71,642
12,468
8,259

66, 659
16, 433
20, 617

61, 595

59, 566
13, 745
17, 430

61, 160
13, 456
13, 587

51, 861
13, 068

61,767

27,033

13, 620
11, 368

58, 391
11, 483
11, 392

59, 516
15, 917
23, 557

70, 274
15, 739
17, 262

73, 592
15, 492
22, 188

62, 803
10, 440

10, 901

53, 157
14, 388
12, 688

72
618
1,353

38
497
895

16
387
523

19
258
285

20
151
154

142
119
177

365
182
361

1,?74
526
1,103

1,573
722
1,959

2,353

1,071
677

340
570
2,123

114
613
1,624

43
492
1,176

287, 668
220, 215

229, 954
250, 690

179,398

123,115

258, 381

245, 736

74, 363
214, 803

62, 286
164, 187

85, 222
120, 288

249, 069
140, 916

346, 400
170, 814

327, 720
186, 106

274, 304
187, 819

293, 321
194, 737

238, 857
228, 210

211, 401
180, 058

170, 524
155, 007

136, 275
123, 785

91, 144
74, 437

54, 412
38, 162

43, 472
40, 375

58, 108
52, 108

165, 478
96, 275

241, 749
147, 953

229, 605
173, 802

192, 572
178, 477

207, 691
170, 536

170, 419
168, 091

182, 780
147, 672
30, 949

180, 538
148, 382

148, 190

417
.204

397
.223

Potash deliveries
-.
... short tons _ 223, 621
Superphosphate (100% available phosphoric acid):
Production
short tons 243, 934
432, 524
Stocks end of month
do
MISCELLANEOUS
Explosives (industrial), shipments:
Black blasting powder
thous. of Ib
High explosives
do
Sulfur (native) :
Production
_ -thous. of lone tons. _
Stocks (producers'), end of month
do__

486

504

543

565

621

529

494
67, 568

546
70, 015

534

515

722
67, 094

495

FATS, OILS, OILSEEDS, AND BYPRODUCTS
Animal fats and greasesrd"1
Tallow, edible:
Production
thous
Consumption, factorv5 t
Stock (incl refined grades), end of month
Tallow and grease (except wool), inedible:
Production t
Consumption factory^ *
Stocks (excl refined grades) end of month

do
do
do

Fish and marine mammal oils:A
Production t
Consumption factoryj
Stocks end of month

do
do. __
do

Vegetable oils, oilseeds, and byproducts:
Vegetable oils, total:
Production crude t
Consumption crude factory!
Stocks, end of month': {
CrudeJ
Refined § t
Exports 9
Imports total 9
Paint oils
All other vegetable oils 9
Copra:
Consumption factory
Stocks end of month
Imports
Coconut or copra oil:
Production:
Crude
Refined
Consumption, factory:J
Crude
Refined
Stocks, end of month:
Crude
RefinedJ
Imports 9

-

of Ib
do _
do

mil. of Ib
do
do
do

Cottonseed:!
Receipts at mills
thous. of short tons
Consumption (crush)
do
Stocks at mills end of month
do
Cottonseed cake and meal:t
Production
short tons
Stocks at mills end of month
do
Cottonseed oil, crude:}:
Production
thous. of lb_ _
Stocks end of month
do
Cottonseed oil, refined:
Production
do
Consumption, factory J
do
In margarine
do
Stocks endofmonth§t
Pripp whnlpsalp. drums (N. Y.}

mil. oflb__
dol. Der lb_

3,386
26,438

4,875

40, 603

32,223

21.444

14,616

'39,055

r

3,622

31, 479

9,053

3,263

r

T

27, 676

20,442

47,120
2,476

44, 645

16,787

24,480
18, 177

29,902

112,797
125, 619
21, 706

73, 667
105, 688
17, 125

34, 607
84, 298
13, 986

47, 268
104, 902
17, 671

69, 432
96, 977
19, 353

161, 282
124, 424
23, 681

159, 780
127, 954
24, 474

146, 516
122, 138
28, 825

163,853

19, 034

131, 666
31, 636

132, 848
113, 600
29, 561

416
.224

384
.225

328
.210

244
.190

180
.190

158
.190

197
.200

227
208

237
.208

267
.223

288
P. 223

116,480

f Revised.
» Preliminary.
©States represented are: North Carolina, South Carolina, Georgia, Florida, Alabama, Tennessee, Arkansas, Louisiana, Texas, Oklahoma. According to quarterly reports from Virginia,
3»nsumption in that State is as follows (thous. short tons): 1956—January-March, 270; April-June, 325; July-September, 76; October-December, 79.
v. f 9The totals for fertilizer exports and imports include data not shown separately. Revisions for June 1955-January 1956 for all indicated items will be published later,
ef For data on lard, see p. S-29. Figures prior to 1955 for tallow (not shown in the 1955 BUSINESS STATISTICS) will appear later.
^Consumption figures for edible tallow exclude quantities used in refining; those for inedible tallow, etc., include such quantities,
j Re visions for 1954 and 1955 (also for 1953 for cottonseed and products) will be shown later.
ABeginning I955, data may include some refined oils (not formerly included); consumption figures exclude data for cod, cod-liver, and other liver oils, and stocks include only the quantities
of these oils held by producing firms.
§Includes stocks owned by the Commodity Credit Corporation through May 1956.




SUEVEY OF CUEEENT BUSINESS

S-26
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

April 1957

1956
February

March

April

May

June

July

1957
DecemOctober NovemAugust September
ber
ber

January

February

March

3.23

CHEMICALS AND ALLIED PRODUCTS—Continued
FATS, OILS, ETC.— Continued
Vegetable oils, oilseeds, and byproducts— Con.
Flaxseed:
Production (crop estimate)
thous of bu
Oil mills:!
Consumption
_
do __
Stocks end of month
do
Price, wholesale, No. 1 (Minneapolis) _dol. per bu_.
Innseed oil, raw:
Production!
thous. of Ib
Consumption, factory!
.
. do
Stocks at factory, end of month!
do
Price wholesale (Minneapolis)
dol per Ib
Soybeans:
Production (crop estimate)
thous. of bu
Consumption, factory.
do
Stocks end of month
do
Soybean oil:
Production:
Crude
thous. of Ib
Refined
do
Consumption, factory, refined!
do
Stocks, end of month:
Crude
_
do
Refined!
do
Price wholesale, refined (N Y )
dol per Ib
Margarine:
Production
thous of Ib
Stocks (factory and warehouse), end of mod" do
Price, wholesale, colored, delivered (eastern U. S.)
dol per Ib
Shortening:
Production
thous. of lb__
Stocks end of month cf
do

* 48, 712

2,978
5,764
3.47

3,202
4,213
3.68

2,171
3,368
3.77

3,017
1,584
3.83

1,920
1,212
3.38

946
762
3.34

933
1,051
3.28

2,308
2,271
3.25

4,020
4,945
3.27

3,295
4,557
3.41

2,925
4,010
3.44

2,304
3,516
3.40

2,211
3,246
3.34

59, 172
43, 716
130, 393
.146

63, 428
45, 266
134, 959
.156

43, 243
37, 723
125, 738
.159

59, 614
43, 515
136, 682
.159

38, 448
40, 275
113, 017
.142

19, 196
34, 815
95, 665
.134

18, 575
43, 420
71, 051
.130

46, 931
41, 844
75, 388
.127

81, 565
65, 278
86, 694
.131

66, 563
40, 884
111, 301
136

59,004
38, 212
115, 410
.136

46,864
37, 985
111, 821
.134

45, 122
33, 825
128, 317
p. 133

24, 528
70, 861

25, 365
67, 366

25, 259
57, 931

24, 600
48, 424

22,230
36, 651

20, 378
26, 460

21, 793
12, 360

19, 877
20, 525

27, 928
78, Oil

26, 591
79, 070

1 455, 869
26, 988
70, 354

28, 420
65, 517

26, 622
56, 332

271, 253
249, 371
249, 526

281, 442
251, 048
250, 241

280, 688
218, 831
192, 705

273, 348
249, 054
229, 034

248, 636
205, 257
211, 447

228, 348
193, 610
196, 948

249, 027
223, 378
241, 688

221, 302
203, 733
221,794

301, 802
252, 552
258, 763

284, 820
244, 824
237, 131

289, 736
233, 159
224, 344

305, 156
240, 523
222, 557

287, 218
209, 184
208, 571

128, 177
81,159
.196

132, 552
80,018
.214

176, 400
104, 987
.215

172, 649
123, 747
.224

179, 630
116,853
.200

174, 970
112, 828
.175

154, 421
100, 148
.175

139, 671
86, 865
.163

132, 946
77, 178
175

125, 466
83, 974
195

140, 996
92, 130
.190

134, 093
103, 973
.200

129, 964
99, 970
p. 200

135, 905
25, 924

127, 166
26, 317

83, 514
26, 853

107, 940
27, 134

85, 242
24, 698

81, 436
20,276

106, 727
22 356

114, 970
22, 236

134, 584
21, 556

132 545
25 292

124, 951
27,584

132, 373
29, 874

121, 244
32, 143

.273

.293

.293

.296

.273

.273

.273

.273

273

282

.292

.292

p. 292

183,015
120, 587

170, 845
120, 101

144, 623
146, 485

165, 445
156, 066

127, 868
168, 524

100, 700
154, 761

150, 554
141, 573

133, 396
129, 175

178, 089
119, 437

179, 909
105 477

157, 141
122, 047

160, 015
126, 807

144, 252
133, 017

thous. of doL. 122, 361
50, 770
do
71, 591
. _ . do

131, 518
56, 329
75, 189

136, 228
57, 449
78, 779

146, 811
57, 932
88, 879

146, 149
54, 749
91, 400

133, 828
50, 236
83,592

146. 788
56, 346
90,442

128, 411
48, 930
79, 481

140, 309
58,374
81, 935

121, 488
55, 280
66, 208

97, 308
45, 645
51,663

125, 401
54, 539
70, 862

112,467
50, 131
62, 336

3,426
7,178
497
501

4,296
8,007
501
585

3,606
7,376
513
429

3,481
7,458
569
489

4,055
7,254
487
407

2,355
5,872
344
370

3,815
7,395
443
554

3,945
8,579
324
279

3,837
9,390
396
564

3,374
9,291
365
551

3,724
8,452
317
472

3,491
7,456
377
525

PAINTS, VARNISH, AND LACQUER
Factory shipments, total
Industrial sales
Trade sales

_

SYNTHETIC PLASTICS AND RESIN
MATERIALS
Production:
Cellulose acetate and mixed ester plastics:
Sheets, rods, and tubes
thous. of lb__
Molding and extrusion materials
do
Nitrocellulose sheets rods and tubes
do
Other cellulose plastics
do - Phenolic and other tar acid resins
Polystyrene
Urea and melamine resins
Vinyl resins
Alkyd resins

do
do
do
do
do

42, 799
40, 401
26, 507
61, 607
32, 392

43, 935
43, 272
25, 161
66, 675
33, 482

42, 807
48,812
23, 360
65, 487
31, 566

41, 746
50, 480
23, 455
63, 977
31, 968

40,607
44, 023
25, 083
54, 796
29, 643

31, 207
41, 277
15,901
49, 751
25, 730

37, 826
44, 288
21, 171
57, 121
30, 421

37, 598
44, 314
21, 759
60, 237
27, 652

43, 493
48, 789
25, 691
67 176
35, 383

40, 145
44, 467
24, 269
65,900
34, 509

35, 206
41, 794
21, 370
67, 870
27, 874

41, 373
43, 507
23, 097
67, 096
34, 948

Rosin modifications
P ol y es ter resins
Polyethylene resins
Miscellaneous

do
do
do
do

12, 055
5,366
41, 416
12, 898

11, 468
5,986
40, 567
13, 829

11,819
5,855
42, 205
13, 902

11, 493
7,289
47, 010
14, 512

10, 544
6,212
45, 634
13, 170

8,729
5,641
45, 998
11, 740

11, 398
6,634
49, 790
13, 140

9,377
5,369
51, 089
13, 298

10, 908
6,473
49 110
13, 363

11, 553
6,542
51, 421
13, 977

10, 024
6,139
51, 413
13, 679

10, 848
7,265
52, 357
14,829

58, 576
52, 194
42, 656
9,539

55, 649
48, 819
39, 859
8,960

58, 445
51 129
41, 892
9,238

57, 820
50 645
41, 340
9 305

60, 055
52 875
42, 878
9,998

62, 938
55 503
45,311
10, 192

55, 374
48 666
38, 687
9 979

_

_

ELECTRIC POWER AND GAS
ELECTRIC POWER
Production (utility and industrial), total!
mil. of kw.-hr._ • 54, 859 ' 57, 618 r
50, 344
47, 988
Electric utilities, total
do
38, 565
37, 362
By fuels _ _ _
_
do
11, 779
By waterpower
_ _ . do _ _ - 10, 626
Privately and municipally owned utilities
Other producers (publicly owned)
Industrial establishments, total
By fuels
By waterpower
_

do
do

38, 671
9,316

40, 270
9,181

39, 701
9,750

42, 302
9,892

39, 503
9,316

41 800
9,330

41 230
9,416

43 098
9,777

45 083
10, 420

39 779
8 887

do do
do.- -

' 6, 871 ' 7, 274 '7,030 ' 7, 193 '7,039
' 6, 597 r 6, 971 ' 6, 718 ' 6, 869 r 6, 754
286
274
303
313
323

5,778
5,520
258

6,382
6,158
224

6,830
6,604
226

7, 316
7 074
242

7, 175
6 920
254

7,180
6 903
276

7,435
7 154
281

6 708
6 443
266

Sales to ultimate customers, total (Edison Electric Institute)!
mil. ofkw.-hr
Commercial and industrial:
Small light and power
__
do Large light and power
_ do. _
Railways and railroads
Residential or domestic
Rural (distinct rural rates)
Street and highway lighting
Other public authorities
Interdepartmental

-

_

do
do
do
do
do -_
do __

40, 509
9,835

54, 519 r 56, 279 ' 56, 490 55, 229
49, 086 49, 451 49, 451
47, 489
37, 385
39, 402
35, 937
39, 539
11, 552
11, 701
10, 049
9,913
38, 363
9,126

39, 738
9,348

43, 994

43, 738

43, 097

42, 758

43, 075

43, 010

44, 503

44, 786

44 613

44, 492

46 161

6,924
22, 441

6,862
22, 775

6,776
22, 649

6,785
23, 089

7,316
22, 941

7,801
21, 858

8,005
22, 853

7,951
23, 147

7 457
23, 914

7,276
23, 594

7 428
23, 673

398
12, 200
684
414
891
42

405
11, 562
778
400
906
51

380
11, 038
955
362
888
49

359
10, 361
876
341
899
49

342
10, 198
975
322
929
52

328
10, 495
1,201
335
936
57

340
10, 679
1,278
358
932
57

330
10, 785
1,200
392
926
55

353
10 530
936
427
945
52

363
11, 047
768
454
943
47

389
12 424
764
483
945
54

Revenue from sales to ultimate customers (Edison
Electric Institute)!
thous. of dol- 725, 160 714, 161 703, 854 697, 745 710, 990 719, 799 735, 869 741, 999 730, 079 730, 244 757, 026
'Revised.
*> Preliminary.
1 December 1 estimate of 1956 crop.
IRevisions will be shown later for fats and oils (1954 and 1955); electric-power production (January-July 1955), and electric-power sales and revenue (January-April 1955).
cTBeginning January 1955, data exclude quantities held by consuming factories.




April 1957
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

SURVEY OF CUKRENT BUSINESS

S-27
1957

1956
February

March

April

May

June

July

DecemOctober NovemAugust September
ber
ber

January

February

March

ELECTRIC POWER AND GAS—Continued
GAS
Manufactured and mixed gas (quarterly ):c?
Customers, end of quarter, total
thousands-Residential (incl. house-heating)
_ .
do
Industrial and commercial
- - do
Sales to consumers, total
mil. of therms. _
Residential (incl. house-heating)
__-do
Industrial and commercial
do. ..
Revenue from sales to consumers, total thous. of dol._
Residential (incl. house-heating)
do
Industrial and commercial
do
Natural gas (quarterly): of
Customers end of quarter, total
thousands. _
Residential (incl. house-heating)
_.do
Industrial and commercial
- _ _ _ do
Sales to consumers, total _ _
mil. of therms. .
Residential (incl house-heating)
.do
Industrial and commercial
do
Revenue from sales to consumers, total thous. of dol-_
Residential (incl. house-heating)
.
do
Industrial and commercial
__do

5,023
4,670
350
1,348
997
342
170, 126
130, 997
38, 427

4,909
4,583
324
949
622
320
120, 754
89, 633
30, 605

3,797
3, 541
254
374
202
165
57, 075
40 127
16, 552

24, 223
22, 290
1,907
21, 578
9,774
11, 188
1,176,052
761, 627
396, 569

24, 246
22, 355
1,864
16, 203
4,945
10, 762
784, 917
432, 203
338, 900

25 394
23,463
1 905
13, 276
2,036
10 638
562 197
234 715
312 040

FOODSTUFFS AND TOBACCO
ALCOHOLIC BEVERAGES
Beer:
8,733
7,855
6,629
7,927
Production:}:
thous. of bbl _
8,734
9,394
6,123
5,947
6,500
6,497
9,590
6 866
5 912
5,803
8,182
6,790
6,751
8,673
9,015
8,777
Taxable withdrawals
do -_5 689
6 129
6 171
6 670
6 424
5 570
9,734
11, 097
10, 290
11, 128
10 677 ' 10 354 9 753
11 264
Stocks end of monthj
do
11 515
9 552
8 768
9 135
9 558
Distilled spirits:
17, 652
19, 189
16, 877
15, 862
18, 617
Production!
thous. of tax gal
17 852
19 982
8 531
23 065
34 134
12 178
20 386
18 105
Consumption, apparent, for beverage purposes
14, 893
17,628
16, 257
17, 400
16, 403
thous. of wine gal._ 14, 616
25, 159
16, 784
14, 375
22, 321
16, 572
20, 865
13, 252
13, 528
13, 736
13, 020
10, 565
Tax-paid withdrawals!. _
_ thous. of tax gal- _ 11, 523
11, 989
9,661 10 805
19, 331
21, 817
11, 269
14, 269
847, 965 850, 422 851, 287 854, 709 854, 755 851, 634 849, 082 844 208 835 948 830 129 832, 439 838 623 842 059
Stocks, end of month'!
do
2,022
1,840
«
1,
762
1,868
2,086
1 482
1 927
1,748
Imports
thous. of proof gal
2 889
3 632
2 414
3 580
Whisky:
10, 614
11, 592
5,799
10, 082
11, 426
12,268
11 429
7,191
Production!
__ _
thous. of tax gal
10, 122
7 847
10 734
10 971
11 243
6,130
7,051
6,280
6,910
4,554
6,277
6,334
5,125
Tax-paid withdrawals!
..
_ do _.
7,469
5,470
10, 325
11, 120
6 139
729, 962 731, 805 733. 530 736, 196 737, 709 737, 445 736, 573 734 041 729 660 725 572 726, 562 730 569 732 777
Stocks, end of month! ..
_
- _ do
1,562
1,685
1,840
1,646
2 627
1,721
1,619
1,915
Imports
thous. of proof gal
1 265
2 166
3 288
3 258
Rectified spirits and wines, production, total 9 !
6,938
6,238
5,331
7,243
6,701
6,870
6,768
6,052
thous. of proof gaL _
4,677
12, 549
13, 497
7,871
4,607
5,722
6,230
6,015
5,476
4,442
5,515
Whisky!
do
5,675
4,885
3,622
6,792
11 275
12 019
3 675
Wines and distilling materials:
Effervescent wines:
273
184
286
125
238
237
162
Production!
thous. of wine gal-168
220
205
206
188
251
123
136
96
147
155
93
261
137
Taxable withdrawals! _
do
129
200
272
276
101
1,662
1,590
1,453
1,419
1,720
Stocks, end of month!
do._ 1,738
1,418
1,801
1,648
1 477
1 547
1,751
1 611
62
52
34
38
35
46
114
44
62
Imports
do
41
115
101
Still wines:
1,420
1,656
1,856
2,009
1,375
1,237
3,912
2,531 30, 528
Production!
do.-.
71, 849
2 923
24 070
2 060
12, 822
11, 321
10, 326
11, 039
9, 283
11, 053
11, 953
10, 290
Taxable withdrawals§!
do
14 615
12 688
10 872
13 879
10 172
186, 732 175,650 165, 218 154, 637 143, 082 134, 294 125, 296 144, 102 202, 848 210, 541 198, 721 190 095 179 996
Stocks, end of month §!
do
524
561
544
483
456
629
412
765
580
585
Imports
do
874
680
782
2,151
555
365
1,163
617
6,075
76, 378 142, 607
8,067
3,954
Distilling materials produced at wineries I
do
41, 839
3 949
DAIRY PRODUCTS
Butter, creamery:
Production (factory) !
_ _ thous. of lb__ 113, 030 129, 300 136, 010 150, 480 148, 155 128, 155 110, 200
93, 125 92, 960 90, 605 102, 810 116, 405 109, 255
82, 685 113, 318 133, 918 118, 217
78, 882
87, 840
97, 907
Stocks, cold storage, end of month
do
25, 103 28, 855 ' 31, 946 41, 783
90, 252
62, 261 39, 640
.594
.580
.594
.594
.587
.581
.613
.601
.604
.614
.632
.620
Price, wholesale, 92-score (New York)___dol. per lb._
60.7
.604
Cheese:
97, 025 119, 070 129, 185 154, 465 158, 420 134, 090 116, 970 102 445 98 010
Production (factory) , total !
thous of Ib
96 240 r100 920
90 700
97 105
65, 815 83, 000
95, 035 117, 645 122, 440 102, 410
87, 220
American, whole milk !
_
_do
74, 135 68, 100
67, 695
64, 280
68, 840
61, 400
464, 397 460, 421 456, 279 484, 154 524, 505 551, 334 554, 518 533, 107 489 385 454 729 441 082 419 992 r390 308 387 289
Stock^, cold storage, end of month, total
do
American , whole milk
_
do. _ _ 438, 209 433, 358 426, 887 451, 571 486, 883 512, 474 513, 625 493, 648 448, 857 414, 606 401, 079 379, 637 r349 441 345 414
3,762
5,114
« 3, 488
3,168
4,298
4,603
3,862
Imports
do
5,589
5, 598
5,038
5,332
5,609
Price, wholesale, American, single daisies (Chir
.382
.369
.369
.384
.372
.381
.384
.382
.390
.390
cago)
dol. per Ib _
.390
.390
. 390
Condensed and evaporated milk:
Production, case goods: !
6,140
5,140
3,410
4,300
6,290
4,650
6,640
Condensed (sweetened)
thous, of Ib
5, 520
5 670
8 275
7,110
6,370
7 350
Evaporated (unsweetened) __
do_ .. 170, 900 208, 950 240, 100 300, 700 304, 100 266, 700 232, 600 189, 100 164, 200 146, 500 152, 200 162, 000 169, 850
Stocks, manufacturers', case goods, end of month:
7,550
6,873
8,133
8,230
7,937
7,038
8,192
8,761
Condensed (sweetened)
thous. of Ib
9,649
9,117
9,559
10, 391
9,335
110, 578 111, 413 124, 880 ' 168, 481 311, 983 401,894 434, 536 425, 545 383 686 310 371 224 025 156 420 123 616
Evaporated (unsweetened)
do
Exports:
4,201
2,410
2,774
714
3,293
6,402
2,191
3,540
Condensed (sweetened)
do
5,054
5,053
5,129
3,385
2,888
9,645
12, 838
12, 346
11, 183
16, 816
12, 772
14, 251
Evaporated (unsweetened) __ _ _
do
15,847
14, 972
20, 211
14, 622
14, 172
9 200
Price, wholesale, U. S. average:
5.75
5.68
5.69
5.92
'5.89
'5.69
Evaporated (unsweetened)
dol. per case..
5.93
5.93
' 5. 93
5.93
5.93
5.93
5.93
Fluid milk:
12, 840
11, 325
9,657
11, 526
12, 490
10, 888
Production!
mil. o f l b _ _
9,512
10, 659
9,227 r 9,697
9,464
8,695
9,276
10 961
3,704
5,342
4,649
5,343
4,340
4,610
Utilization in mfd. dairy products
do
3 392
3,990
3 791
3 450
3 285
3 120
3 618
3.84
4.14
3.85
3.98
4.11
3.86
3.98
Price, wholesale, U. S. average*
dol. per 100 lb__
4.44
4.53
4.30
4.34
4.61
4.48
4.19
Dry milk:
Production: !
9,425
8,800
10, 850
11, 275
9,450
Dry whole milk
thous. of Ib _
10, 600
9,150
8,000
7 350
8 250
6 400
7 700
6 500
123, 800 147, 700 162, 700 176, 500 176, 300 131, 400
Nonfat dry milk solids (human food)
do
98, 000
79, 500
79, 800 83, 300 104, 800 120 900 122 400
Stocks, manufacturers', end of month:
8,914
12, 062
8,524
15, 192
11, 437
8,290
Dry whole milk
do
14 313
13 118
11 725
11 390
10 384
10 757
10 450
91, 896 101, 102 123, 689 148, 200 140, 735 118, 507
81, 310
Nonfat dry milk solids (human food)
do
98 722
76 563
65 623
69 461
63 308
67 095
Exports:
3,661
3,951
4,340
3,880
4,710
Dry whole milk .__ _ _
do
3,774
2,854
2 692
3,820
4 418
2 776
2 010
11, 929
26, 127
17, 236
« 26, 720
29, 336
Nonfat dry milk solids (human food)
_do
16, 898
34, 993
19, 274
42, 371
42 700
9 136
14 054
Price, wholesale, nonfat dry milk solids (human
.154
.154
.154
.152
.151
.153
.151
.152
food), U. S. average
dol. per lb_.
.152
.152
.152
.152
.153
' Revised.
cf Revisions for 1953 and for the 1st and 2d quarters of 1954 and 1955 are available upon request. Totals include data not shown separately.
!Revisions for the indicated items and for the periods specified are available upon request as follows: Alcoholic beverages, July-November 1954 and July-December 1955; dairy products—butter,
cheese (total and American), evaporated milk, and nonfat dry milk solids, January 1953-September 1955; condensed milk and dry whole milk, January 1954-September 1955; fluid milk, production, January 1951-December 1955.
9 Data beginning July 1956 exclude production of wines and vermouth; for July 1955-June 1956, such production totaled 183,000 gallons.
§Data include vermouth and aperitif wines other than vermouth.
*New series, representing average price received by farmers for all milk sold at wholesale to plants and dealers; data prior to January 1955 will be shown later.
a Revisions for 1955 (units as above): Distilled spirits, total—July, 1,606; cheese—June, 4,453; nonfat dry milk solids—January, 26,489; March, 36,166.




SURVEY OF CUEKENT BUSINESS

S-28
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

April 1957

1956

February

March

April

May

June

July

August SeptemOctober
ber

De

£r

ber

1957

January

February

March

FOODSTUFFS AND TOBACCO—Continued
FRUITS AND VEGETABLES
Apples:
Production (crop estimate)
thous. of bu
Shipments, carlot
no. of carloads
Stocks, cold storage, end of month
thous. of bu__

1

2,511
13, 931

3,105
8,137

2,929
3,863

2,035
1,302

639
389

265
134

57
267

554
6,317

2,357
38,090

2,036
33, 933

97 077
1,849
26, 578

1,595
19, 814

' 12, 765

7,129

Citrus fruits, carlot shipments
no. of carloads
8,907
Frozen fruits, juices, and vegetables:
Stocks, cold storage, end of month:
341, 964
Fruits
thous. of Ib
398, 941
Fruit juices and purees
_. do_
Vegetables
_ _ _
__ _ __do
495, 546
Potatoes, white:
Production (crop estimate)!
thous. of cwt
Shipments, carlot
no. of carloads
18, 039
Price, wholesale, U. S. No. 1 (New York)
dol. per 100 lb._ 4.070

11, 436

10, 457

12, 249

9,469

5,855

5,401

4, 342

4,017

6,294

9,672

7,492

r 6, 579

7,814

300, 058
399, 902
450, 388

256, 029
434, 967
427? 200

279, 723
538, 673
415, 357

368, 954
550, 716
481, 368

447, 013
506, 264
588, 076

476, 719
457, 801
751, 065

489, 423
409, 656
868, 687

483, 068
354, 871
914, 895

467,046
303,742
905,439

450, 967
294, 282
857, 942

422, 805 r 379, 474
388,388 'T 464, 337
787, 218 721, 613

337, 414
482,659
654, 118

23, 446

19, 633

19, 049

18, 705

11, 173

10, 164

10, 171

12, 505

15, 524 ' 15, 687

19,788

4.795

5.695

6.542

6.600

5.925

4.635

3.515

3.394

243, 238
13,468 1 12, 123

3.075

3.500

r

3. 533

r 1, 592

v 3. 620

GRAIN AND GRAIN PRODUCTS
Exports (barley, corn, oats, rye, wheat) thous. of bu
Barley:
Production (crop estimate)
Receipts, principal markets
Stocks, domestic, end of month:
Commercial
_
O n farms . . _ _ _ _ _ _
Exports, including malt
Prices, wholesale (Minneapolis):
No. 2, malting
_
No 3 straight

-do
do
_

do
do._
do
_dol. perbu..
do

« 38, 480

8,913
24, 980

4,549
1.235
1.056

58,386 «• 60, 670 ' 72, 143 ' 72, 186

60, 162 ' 61, 455 ' 52, 853 ' 64, 897 r 57, 528 "73,437

15, 721

20, 327

20, 435

35, 041

14, 212

9,956

II, 821

37, 588
2 39,439
10, 384 r 10, 847

45, 145

52, 566

47, 127

43, 798

9,039

6,751

51, 447
229,774
7,286

6,238

3,981

40, 122
159, 561
3,011

1.244
1.123

1.276
1.193

1.279
1.211

1.253
1.179

1.257
1.172

1.320
1.276

1.298
1.258

1.278
1.237

1.261
••1.206

1.268
1.219

11, 099
16, 899

11, 391
17, 556

12, 694
17, 663

11, 473
16, 527

13, 050
46, 379

11, 819
47, 353

* 3, 451
10, 690
23, 272

11, 731
32, 736

10, 874
49, 429

60,072

79, 665
988.8
9,316

68,466

64, 332

79,865

6,608

5,944

64,
134
2
300.1
6,313

100,863 ' 93, 849
2, 330. 9
15,583
17, 243

1.531
1.524

1.525
1.548

1. 571
1.542

1.596
1.484

1.296
1.320

1.339
1.331

10, 757

21, 062

22, 108

8,508

4,737

4,052

41, 287 r 39, 008
34, 655
27, 596
2 272,127
923,394
2,072 "~2~ 823" ~V3~783~
3,386
4,191
.724
.733
.736
.708
.715

31, 285

16, 485

22, 829

21, 747
23,834
116,489
8,418 ' 11, 970

28,720

1.275
1.123

1.313
1.194

1.311
1.201

Corn:
Production (crop estimate)
- _
mil. of bu
11, 963
12, 036
12, 329
II, 142
Grindings, wet process
thous. of bu
27, 442
26, 727
23, 305
26, 672
Receipts, principal markets§.
do
Stocks, domestic, end of month:
84, 793 87,954
Commercial
.. -do
80, 645
76, 559
1,494. 1
On farms
mil. of bu._
7,873 "16," 344" ~~Ii~75T
Exports, including meal
thous. of bu "V7~i49~
Prices, wholesale:
1.321
1.452
1.523
1. 259.
No. 3, yellow (Chicago)
dol. per bu_.
1.521
1.285
1.497
1.327
Weighted average, 5 markets, all grades
do
Oats:
Production (crop estimate)
mil. of bu__
Receipts, principal markets§._ thous. of bu._
Stocks, domestic, end of month:
Commercial
_
do
On farms
do
Exports, including oatmeal
_ -_ -- -do
Price, wholesale, No. 3, white (Chicago) _dol. per bu_.

27, 333

1,186
.655

440
5,280
1.216

Wheat:
Production (crop estimate), total
mil. of bu
Spring wheat
do
Winter wheat
do
Receipts, principal markets§_
thous. of bu._ 26, 046
Disppearance
do
Stocks, end of month:
Canada (Canadian wheat)
do__ _ 349, 280
United States, domestic, totald*
mil. of bu._
Commercial
thous. of bu__ ~381~756"
Interior mills, elevators, and warehouse
thous. of bu
Merchant mills__
do
On farms
do
Exports, total, including
Wheat only

flour

..do.-_ "•25,303
« '21, 729
do

5,432

5,404

9,350

24, 760
21, 916
567,357
893 ~~~4,~037~
.682
.661

21, 697

57, 841
30, 936

46, 331
22, 791

50.211
35, 691

35, 037
38, 186

68, 841
31, 314

103, 365

106, 868

99, 246

65, 541

72,683

75, 444

64, 750

33, 313
114, 555

25, 092
72, 920

8,680
119, 497

11, 394
105, 550

18, 196
84, 522

232, 494
117,844

919, 691
164, 181

708.9
120, 183
.086

533.7
61, 901
.086

430.5
61,458
.089

548.5
450. 3
101. 470 ••171,336
!084
.085

387.7
278, 597
.083

804.9
153, 605
.083

552
4,296
1.222

1,666
4,080
1.241

4,401
5,737
1.164

2,780
11, 175
1.374

1,074
10, 517
1.435

3,836
.733

8,344

11,035

37, 661 •• 36, 062

30, 111

10, 303

3,386

89, 558 ' 102, 650 126, 744
12, 789

1.290
1.260

1.357
1.300

1.343
1.322

1.275
1.244

1, 153
5,304

7,26l

3,759

4,950

25, 223 ' 21, 363 19, 495 r 17, 794
696, 376
••2,076 ' 2, 570 1,614
.824
.784
.829
.820

15, 116

1

6,855

Rice:
Production (crop estimate)
thous of bags 9
California:
59, 401
Receipts, domestic, rough
thous. of Ib
38, 185
Shipments from mills milled rice
do
Stocks, rough and cleaned (cleaned basis),
end
53
100, 920
of month
thou of Ib
Southern States (Ark., La.f Tenn., Tex.):
40, 692
Receipts, rough, at mills
do
103, 244
Shipments from mills, milled rice
do
Stocks, domestic, rough and cleaned (cleaned
875.5
basis), end of month
mil. of Ib
48, 607
Exports
thous of Ib
.089
Price, wholesale, head, clean (N. O.)
dol. perlb..

Rye:
Production (crop estimate)
thous of bu
Receipts, principal markets§
do
Stocks, commercial, domestic, end of month_ do
Price, wholesale, No. 2 (Minneapolis) ...dol. per bu__

11, 302

i 372, 495
12, 562

67,010

.778

i 47, 402

5,428
9,503
1.151

4,038
10, 058
1.329

90, 993 -•139,275
56, 065 ••101,184

172,326
79, 243

99, 461
73, 695

75, 193
35, 564

55, 410
39, 331

94, 041

85, 123

97, 309

91, 446

75, 950

851, 623
178, 225

159, 556
126, 296

38, 683
115, 078

78, 407
144, 810

122, 165
135, 725

1, 221. 1
247, 066
.085

1, 192. 3
123, 318
.085

1, 026. 2
404, 990
.085

907.0
110, 930
.085

P . 088

1,118
9,143
1.465

680
8,109
1.471

* 21, 558
1,063
8,294
1.459

498
6,394
1.499

306
•• 5, 458
1.400

240
4,844
1.412

29, 679

24, 144

21, 462

126, 523
98, 210

836.3

1
1
1

23, 929
248,237

29,874

26, 851

54, 981
291,907

106, 118

64, 697

39, 257
234,077

31, 241

28, 212

997. 2
262. 2
735 0
34, 865
311, 400

339, 863 330, 693 327, 943 2 336, 269 -•359,862 351, 092 341, 218 348,506 352, 461 356, 920
356, 831 360, 964
1,100. 5
1,797.3
1,351. 2
1, 487. 5
396,361 "386,806" "3yi~777" 2 399,459 "452,385" "467,954" 467,254 "446,621" "429,322" 410,347 "403," 458" '386~872~ "3797233"
503, 572
102, 455
216,741
40, 361 ' 33, 925 r 46, 166
35, 834 ' 29, 101 ' 41, 951

2443,643
2 64, 741
2 67, 246

636,280
142,165
417,276

49, 546
44, 378

40. 876 •• 43, 293 ' 33, 900
37; 138 ' 39, 116 ••28,750

532, 081
126, 218
292 804

33,696
42, 029
36, 212 ' 29, 820

51, 076
43, 666

48, 485
43, 135

Prices, wholesale:
No. 1, dark northern spring (Minneapolis)
2.429
2.475
2.457
2.495
2.393
2.488
2.381
2.481
dol. per bu._
2.481
2.426
2.428
2.394
2.400
2.438
2.285
2.282
2.190
2.100
2.242
2.333
2.216
2.087
No. 2, hard winter (Kansas City)
do___
2.358
2.343
2.310
2.338
2. 335
2.358
1.992
2.221
2.125
2.206
2.225
2.176
2.327
No. 2, red winter (St. Louis)
_
do
2.405
2.358
2.185
2.020
2.345
2.298
2.440
2.423
2.445
2.389
2.231
2.345
2.295
2.437
2.388
2.494
2.411
Weighted avg., 6 markets, all grades
do
2,446
2.417
2.406
2.439
r
Revised.
*> Preliminary.
* December 1 estimate of 1956 crop.
2
Old crop only; new grain not reported until beginning of new crop year (July for barley, oats, and wheat; October for corn).
§ Toledo included beginning with June 1955.
9 Bags of 100 Ib.
cfThe 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.
1 Prior to the August 1956 SURVEY, data were reported in thousands of 60-lb. bushels
« Revisions for 1955 and January 1956 (units as above): Exports (barley, corn, oats, rye, wheat)—March, 52,965; August, 47,498; September, 39,835; October, 36,258; (January 1956, 42,540);
corn—September, 11,083; October, 11,561; wheat, including flour—March, 33,295; August, 25,276; September, 17,861; October, 11,492; (January 1956, 25,474); wheat only—March ,28,370; August,
12,538;
 September, 14,820; October, 7,224; (January 1956, 21,541).



SURVEY OF CURRENT BUSINESS

April 1957
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

S-29

1956
February

March

April

May

June

July

1957
DecemAugust SeptemOctober November
ber
ber

January

February

March

FOODSTUFFS AND TOBACCO—Continued
GRAIN AND GRAIN PRODUCTS— Continued
Wheat flour:
Production:
Flourt
thous. of sacks (100 Ib.)
Operations, percent of capacity
Offal
short tons
Grindings of wheat!
_ _ _
thous. of bu
Stocks held by mills, end of quarter
thous of sacks (100 Ib.)
Exports
-do
Prices, wholesale:
Spring, short patents (Minneapolis)
dol. per sack (100 Ib.)
Winter, hard, short patents (Kansas City)- do
LIVESTOCK
Cattle and calves:
Slaugh ter (federally inspected) :
Calves
thous. of animals
Cattle
- - _ -do_ .
Receipts principal markets
do
Shipments, feeder, to 9 corn -belt States .
-do_ __
Prices, wholesale:
Beef steers (Chicago)
dol. per 1001b__
Steers stocker and feeder
(Kansas City) - do
Calves, vealers (Chicago1)
do
Hogs:
Slaughter (federally inspected)
thous. of animals..
Receipts, principal markets
_ _ _ .do. _
Prices:
Wholesale, average, all grades (Chicago)
dol. perlOOlb..
Hog-corn price ratio
bu. of corn equal in value to 100 Ib. of live hog..
Sheep and lambs:
Slaughter (federally inspected) --thous. of animals.Receipts principal markets
do
Shipments feeder to 9 corn-belt States
do
Prices, wholesale:
Lambs, average (Chicago)
dol. per 100 lb._
Lambs, feeder, good and choice (Omaha)
do. __
MEATS
Total meats:
Production (carcass weight, leaf lard out), inspected
slaughter
mil of Ib
Stocks (excluding lard), cold storage, end of month
mil. of Ib
Exports (inciudin0" lard)
do
Imports (excluding lard)
do
Beef and veal:
Production, inspected slaughter
_
do
Stocks, cold storage, end of month
thous. of lb_.
Exports
do
Imports
do
Price, wholesale, beef, fresh, steer carcasses, choice
(600-700 Ibs.) (New York)
dol. per lb._
Lamb and mutton:
Production, inspected slaughter
- thous. of lb_.
Stocks, cold storage, end of month
do
Pork (including lard), production, inspected slaughter
mil. of Ib
Pork (excluding lard):
Production, inspected slaughter
thous. of Ib
Stock^, cold storage, end of month.
do
Exports
do
Imports
. ._
_- --_
.- do _
Prices, wholesale:
Hams smoked, composite
dol. per Ib
Fresh loins, 8-12 Ib. average (New York)
do
Lard:
Production, inspected slaughter
thous of Ib
Stocks, dry and cold storage, end of month
do
Exports
do
Price wholesale refined (Chicago)
dol per Ib

17, 861
79.5
347, 255

19, 226
81.7
369, 080

17, 378
77.4
334, 955

18, 639
79.2
362, 902

17, 648
78.4
341, 813

17, 697
78.6
347, 871

20,420
82.8
393, 879

19, 889
97.3
377,812

21 898
88.9
416 796

20 054
89.1
377, 713

19, 279
89.6
365 415

22 162
93.6
419, 916

19, 156
89.1
358, 583

41, 055

44, 044

39, 945

42,878

40, 563

41, 266

46, 875

45, 540

50, 182

45, 845

45, 159

50, 711

43, 661

1,534

5,213
1,943

1,809

4 715
2,218

1,793

5 292
2,210

1,663

5 572
3,180

2,070

1,604

2,497

2.296
r

6.220
5.600

6.110
5.775

6.215
5.725

6.115
5.725

6.195
5.735

6.310
5.425

6,040
5.625

6 050
5.655

5 950
5 710

6.180
5.785

6 030
5.725

586
1,484
1,870
183

647
1,566
1,905
196

604
1,545
2,146
216

606
1,646
2,124
196

596
1,679
2,146
201

610
1,728
2 543
226

691
1,774
2,697
580

661
1,617
2,721
734

872
1 959
3 559
1 081

763
1,807
2,689
794

605
1,686
2 121
363

657
1,851
2 203
252

18.85
17.04
28.00

18.89
17.44
24.50

19.87
17.81
24.50

20.12
17. 68
25.25

20.79
17.02
22.50

22.28
17.36
22. 50

25.61
17.88
23.50

27.31
17.22
21.00

26.00
17 31
22.50

23.97
17 29
22.50

21.65
16.67
21.50

5,922
3,262

6,327
3,300

5,252
2,895

4,875
2,749

4,326
2,480

4,199
2,485

4,559
2,521

4,979
2,676

6,347
3 512

6,559
3,483

12.03

12.63

14.60

15.50

15.40

15.23

16.12

16.01

15.55

10.2

10.2

10.8

11.2

11.0

10.6

11.2

10.8

13.0

1,163
994
121

1, 216
1,101
139

1,129
1,146
115

1,063
1,054
121

1,084
1,047
113

1,168
1, 184
151

1,268
1,405
361

1,167
1,770
679

20.00
18.60

20.12
' 18. 17

20.75
0)

26.00
20.00

23.75
19.55

22.75
18.12

22.00
18.41

2,018

2,128

1,930

1,942

1,865

1,853

884
77
21

879
90
21

861
82
25

781
93
24

694
"•70
23

593
66
24

909.9
212, 794
« 9, 353
7,169

958.9
205, 748
7,262
8, 528

945.0
187, 985
3,744
8,998

1, 006. 2
168, 995
2,178
6,428

1, 001. 8
149, 260
6,089
8,618

1, 020. 8
140, 703
6,500
9,920

6 020 *>6 020
5.770 v 5. 625

550
1. 488
1,770
178

1,574

20.94
17 68
25.00

20.28
18.24
»27.50

21.36
19 35

5, 698
3,037

5,655
3,030

4, 985
2,622

5,380

14.59

16.32

17.52

16.98

17.05

11.7

13.3

14.1

13.7

14.0

1,439
1 948
802

1,139
1,085
266

1,062
1,023
145

1,333
1,204
201

1,091
943
142

1,011

20. 50
19.00

20.00
18.71

19.25
18.12

19.38
17.85

20.12
18.55

20.00
19.78

23.00
20.97

1,883

1 832

2 282

2,256

2 064

2,199

1,843

461
63
29

412
67
17

449
81
20

591
74
22

677
95
24

2619
93
27

1, 026. 0
131, 379
3.023
15, 192

931.1
128, 430
7,172
7,816

1, 128 4
163, 026
11, 929
9 486

987.0
1,041.7
220, 008 i 263, 929
14, 264
2,692
10 853 11, 145

r

3

632

636
69

1,111.7
902.5
246, 789 ' 220, 123 191, 907
27,827
11, 679
11, 588

.347

.336

.354

,358

.367

.388

.443

.486

.452

.417

.390

.371

.365

.376

56, 948
10, 060

59, 290
9, 875

53, 754
8,976

47,254
8,481

46, 211
8,620

50, 571
7,975

55, 246
9,002

50, 991
9,703

63, 531
11 203

52, 150
11,016

50, 262
11, 590

64, 751
9, 715

53, 909
r
8, 987

8,228

1, 051. 6

1, 109. 4

931.3

888.7

817.5

781.6

801.5

849.6

1,090 1

1, 162. 5

1, 026. 6

1, 022. 6

886.9

772, 981
517, 991
7,609
•11,504

803, 772
514. 124
6,197
11, 276

681, 626 650, 629 599, 853
538
510, 230 457, 395 393,
5,804
6,807 r 5, 690
14, 029 ' 15, 967 13, 099

577, 249
306, 727
4,602
12, 626

596, 294
203, 596
4,499
11,363

638, 107
165,514
5,078
6,935

817 159
167, 955
5 897
r
8, 236

862, 470
248, 637
6 275
8,247

754 561
279, 768
8,726
10, 714

754, 416 650, 175
293, 332 '•334,606
9, 420
8 753
13, 061

.459
.365

.486
.368

.503
.425

.501
.478

.534
.461

.526
.502

.515
.474

.486
.511

466
.444

.471
.409

.511
.421

203, 189
209, 930
48, 327
!l38

224, 101
232, 719
62, 228
.135

182, 846
226, 017
59, 328
.145

174, 120
210, 864
68, 955
.153

159, 086
203, 206
44, 762
.138

149, 603 150, 261
178, 461 141, 056
42, 213
40, 893
.155
. 138

154, 242
123, 398
38, 075
155

199, 618
106 352
46 813
158

218, 913
103, 484
47 272
.158

198, 576
111,637
47, 898
175

196, 353
101, 098
37, 811
175

48, 423
155. 096

47, 203
132, 812

55, 444
120, 001

55, 987
119, 649

57. 090
126, 769

67, 334
164, 422

69, 299
235, 159

90, 080
3*51, 756

90, 347
368, 378

75, 226
332, 817

53, 211 45, 378
330, 135 ••293,033

.260

.250

.250

.225

.190

.185

.165

.150

.148

.145

5,776
2,612

5,600
3,154

5,565
3,308

4,967
2,464

4,760
1,678

4,568
1,607

4,461
1, 315

4,860
1,205

4,885
1,010

309
61, 604

638
94, 569

1,200
140, 048

1,453
172, 366

1,259
177, 427

1,020
167, 943

727
152, 015

616
131 547

.406

.396

.392

.371

.414

.382

.459

86, 087

73. 121

72, 415

59, 964

54, 961

73, 362

27, 154
.265

21, 195
.263

28, 798
.260

22, 318
.261

20, 575
.290

14, 950
.283

r

. 516
.450

P .519
.446

349, 460

.438

172, 767
112, 042

p 173

POULTRY AND EGGS
Poultry:
43, 725
Receipts, 5 markets
thous. of Ib
188, 351
Stocks, cold storage (frozen^, end of month
do
Price, wholesale, live fowls, heavy type, No. 1
.240
(Chicago)
dol. per Ib Eggs:
5,153
Production, farmj
millions-1, 459
Dried egg production.. _
thous. of lb-_
Stocks, cold storage, end of month:
306
Shell ..
..
. thous. of cases -.
42, 473
Frozen
thous of Ib
Price, wholesale, extras, large (Chicago)
.398
dol. per doz

r

260, 107

.148

P .150

5,280
1,592

5, 369
2,246

5,022

5,902

525
108 684

320
86, 807

328
76 848

'519
65 643

76 814

.437

.400

.344

.308

109, 212

120, 685

118, 264

12, 429
.278

11, 845
255

11, 549
.266

r

926

.322

MISCELLANEOUS FOOD PRODUCTS
Confectionery, manufacturers' salescf
thous. of dol- . '92,616
Cocoa or cacao beans:
Imports (inci shells)..
_. . long tons « 26, 204
.275
Price, wholesale, Accra (New York)
dol. per Ib
r

r

96, 672 ' 96, 970 92, 374
20, 810
270

37, 630
231

*>

234

Revised.
*> Preliminary.
1 No quotation.
Beginning January 1957, figures exclude data for sausage and sausage-room products and edible offal; comparable figure for December 1956 is 606,000,000 Ibs.
{Revisions for wheat flour production and wheat grindinps (January 1954-July 1955) and for egg production (1950-55) will be shown later,
cf Revisions for 1954 and 1955 appear in the November 1956 SURVEY.
« Revisions (units as above): Beef and veal exports—1956, January, 6,881; pork imports, 1955—January, 15,455; February, 11,572; March, 15,105; cocoa imports, 1955—March, 26.367;
September, 16,482.
2




SURVEY OF CUEEENT BUSINESS

S-30
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

April 1957

1956
February

March

May

April

June

July

1957

DecemAugust SeptemOctober November
ber
ber

January

February

March

FOODSTUFFS AND TOBACCO—Continued
MISCELLANEOUS FOOD PRODUCTS— Con.
Coffee:
1,201
1,978
Clearances from Brazil, total
thous. of bagso?
711
1,307
To United States..
do _
793
770
Visible supply, United States
do
« 2, 186
2,394
Imports
_- _
_ _
do __
Price, wholesale, Santos, No. 4 (New York)
.575
.560
dol. per lb._
Fish:
Stocks, cold storage, end of month
thous. of lb_. 140, 878 127, 459
Sugar:
Cuban stocks, raw, end of month
thous. of Spanish tons.. ' 2, 222 3,707
United States:
Deliveries and supply (raw basis) :
Production and receipts:
39, 789
38, 740
Production
,. short tons
521, 462 608, 051
Entries from off-shore, total?
do
149, 339 146, 223
Hawaii and Puerto Rico
do
Deliveries, total
__
do
For dorrifistta consumption
do
For export-.
do...
Stocks, raw and refined, end of month
thous. of short tons..
Exports. .
short tons.
Imports:
Raw sugar, total 9 _
__ _
do.. .
From Cuba
do
From Philippine Islands
do __
Refined sugar, total 9
do
From Cuba
do
Prices (New York):
Raw, wholesale
dol . per Ib
Refined:
Retail§ _ _
_ _
dol. per 5 Ib
Wholesale
dol. per Ib
Tea imports
thous of Ib

1,326
700
1,111
1,377

1,204
728
753
' 1, 389

1,562
988
772
1,616

1,464
940
872
1,803

1, 379
804
981
' 2, 074

1,397
868
891
f 1, 445

.565

.573

.580

.588

.603

.615

.603

.600

122, 741

124, 218

144, 144

163,506

178, 785

195, 648

200, 838

200,403

4,257

4,022

3,581

3,181

2,432

1,523

1,148

973

873

22, 411
584, 640
181,119

37, 008
635, 828
238, 419

50, 750
601, 064
219, 224

20,060
666, 510
187, 036

14, 675
741, 221
246, 680

113, 448
593, 213
184, 476

591, 151
456, 306
282, 385

794, 615
282, 508
189, 762

546, 245
202, 748
86,742

732, 440
720, 001
12, 439

803, 328
781, 578
21, 750

869, 070
865, 344
3,726

916, 359
910,060
6,299

815, 887
811, 798
4,089

835, 506
830, 368
5,238

669, 715
666, 768
2,947

665, 418 T 590, 353
661, 137 585, 089 532, 165
5,264
4,281

1,427
1,587
33, 920 * 31, 889

1,231
456

1,000
519

888
625

1,101
928

1,614
624

353, 752 ••394,568
260, 125 288, 159
87, 803 ' 86, 888
42,391
51, 124
41, 060
49, 871

353, 122
272, 280
69, 743
3,687
765

246, 276
202, 930
35, 775
5,722
3,466

r

1,415
899
1,063
1, 991

1,449
885
1,030
1,466

1,584
898
965
1,663
r

1,671
1,201
988
2,019

' . 603 .610

.609

196, 091 168, 596

146, 593

563

1,640

115, 426
519, 988 453, 611
50, 532 93, 376

619, 401
613, 522
5,879

716, 555
699, 165
17, 390

746, 474
711, 784
34, 690

1,861
11, 961

1,761
400

1,618
17, 082

"355, 572
263, 097
«92, 452
«45, 627
•34, 474

348, 430
237, 057
111, 368
68, 556
60, 368

.059

.060

.061

.061

.060

.061

.061

.061

.063

.063

.064

.065

P. 061

,499
.085
°8, 304

.499
.085
10, 617

.499
.085
7,786

.500
.086
6, 997

.500
.086
9, 893

.500
.086
7,564

.500
.086
7,560

.500
.086
9,605

.507
.087
7,696

.512
.088
4,777

.518
.088
10, 344

.522
.089
8,197

.526
p. 089

TOBACCO
Leaf:
Production (crop estimate)
mil. of Ib
Stocks, dealers' and manufacturers', end of quarter
total
mil of Ib
Domestic:
Cigar leaf
do
Air-cured, fire-cured, flue-cured, and miscellaneous domestic
mil of Ib
Foreign grown:
Cigar leaf
do
Cigarette tobacco
do
Exports, including scrap and stems
thous. of lb-_ &29, 151
«9, 415
Imports, including scrap and stems
do
Manufactured products:
15, 021
Production, manufactured tobacco, total
do_
6,227
Chewing, plug, and twist
do
5,499
Smoking _ _
_ _ _ _ _ _ do_ _
3,295
Snuff
do
Consumption (withdrawals):
Cigarettes (small) :
2,132
Tax-free
millions
30, 733
Tax-paid-_ _ _ _ _ _
do. .
Cigars (large), tax-paid
thousands ._ 463, 104
Manufactured tobacco and snuff, tax-paid
thous. of lb._ 14, 721
960
Exports, cigarettes
_- _ _ millionsPrice (wholesale), cigarettes, manufacturer to whole'
saler and jobber, f. o. b. destination
3.938
dol. per thous ._

r

317, 420 ••345,179
222, 285 247, 928
97, 232
92, 371
55, 122
41, 288
40, 775
49,664

r

376, 216
233, 526
142, 688
40, 099
36, 120

r

1,906
440

2, 145

376

352

317

292

4 420

4,019

4,270

4,873

22
174
' 36, 274 ' 80, 854 70, 201
11, 506
9,603
11, 206

42, 763
9,940

22
170
57, 743
8,434

30, 389
10, 077

15, 088
6,021
6,189
2,879

17,801
6,964
7,205
3,632

15, 346
6,331
5,970
3,045

11, 558
4,864
4,246
2,448

15, 917
6,539
6,031
3,347

13, 268
5,510
4,858
2,900

2,881
37, 560
514, 905

2,954
30, 403
456, 019

2,674
37, 193
549, 541

2,585
33, 585
632, 063

2,572
25, 070
364, 509

2,714
35, 982
437, 127

2,463
31, 688
391, 193

12, 321
1,507

17, 158
1,346

14, 644
1,551

17, 245
1, 310

14, 949
'907

11, 709
1,475

15, 472
1,171

12, 997

3.938

3.938

3.938

3.938

3.938

3.938

3.938

vZ. 938

35, 489
11, 172

21
195
30, 505
9,304

23, 094
10, 193

16,029
6,185
6,582
3,262

16, 737
6,723
6,641
3,373

15. 457
6,787
5,415
3,254

12, 467
5,567
4,770
2,131

17, 247
7,020
6,707
3,520

2,523
32, 471
501, 912

2,430
30, 185
501, 228

2,751
36, 164
553, 654

2,941
34, 303
477, 276

2,497
31, 032
428, 309

15, 702
1,250

15, 761
1,284

16, 593
1,410

14, 969
1.567

3.938

3.938

3.938

3.938

21
213
27, 760
9,534

30, 295
9,741

16, 041
6,361
6,497
3, 184

r

1,815

5,356

4,783

4,587

1, 826
564

138, 548 171, 386 350, 622
98, 873 151, 084 231, 559
119, 041
28, 897
2,541 """3,016" 45, 080
1,075 36, 724
1,451

1

5 030

r

r

LEATHER AND PRODUCTS
HIDES AND SKINS
Imports, total hides and skins 9
thous of Ib
Calf and kip skins
thous of pieces
Cattle hides
_
do
Goat and kid skins
do
Sheep and lamb skins
do
Prices, wholesale (Chicago) :
Calfskins, packer, heavy, 9HA5 Ib
dol. per Ib
Hides, steer, heavy, native, over 53 Ib
do

13, 147
88
15
2,674
2,306

15, 337
47
25
2,074
4,473

15, 445
86
42
2,611
3,494

18, 316
132
42
2,666
3,594

14, 833
83
21
2,256
4,012

11, 421
135
30
2,623
1,454

14, 545
74
34
2,534
3,451

7,761
69
34
1,798
882

9,772
57
24
1,759
2,046

7,898
43
21
1,325
1,429

9,382
150
32
1,936
1,032

10, 508
103
14
2,205
1,437

.500
.110

.513
.105

.525
.123

.500
.123

.500
.128

.500
.133

.500
.138

.525
.148

.450
.128

.488
.128

.475
.108

.438
'103

p. 463
*.090

LEATHER
Production:
722
668
872
802
738
819
701
644
496
586
737
848
Calf and whole kip
thous of skins
759
2,275
2,193 f 1, 987
2,554
2,162
2,305
2,262
2,165
2,364
2,224
1,970
1,731
2,076
Cattle hide and side kip
thous. of hides and kips. _
1,820
1,663
2,064
1,892
2,198
2,235
2,544
2,033
1,706
2,377
2,155
2,061
Goat and kid
_ _
_ -thous. of skins__
1,797
1,766
2,202
2,578
2,113
2,225
2, 065
2,310
2,275
2,360
Sheep and lamb
do
2,535
2,140
1,777
2,109
Exports:
Sole leather:
2
54
46
66
53
46
84
39
51
Bends backs, and sides
thous of Ib
()
(22)
(22)
(22)
(22)
35
13
65
13
36
22
17
31
Offal, including welting and belting offal
do
()
()
()
()
3,092
2,644
2,923
3,054
3,633
3,053
2,000
3 2, 507 3 2, 615 3 2, 466 3 2, 978 3 2, 439
2,891
Upper leather
thous of sq ft
Prices, wholesale:
.625
.625
.625
P. 610
.625
.625
.630
.630
.610
.610
.620
.630
.630
Sole, bends, light, f o. b. tannery
dol. per Ib
Upper, chrome calf, B and C grades, f. o. b. tan»1. 119
1.123
1.123
1.118
1.145
1.030
1.145 r 1. 112
1.125
1.078
1.118
1.030
nery
dol per SQ ft
1.118
r
Revised.
» Preliminary.
1
2
s ] Excludes Jsmall qua ntities conabined wi th other t ypes.
December 1 estimate of 1956 crop.
Not separai ely availa ble.
9 Includ es data fo r types m)t shown s eparately
cf Baes of 132 Ib.
§Data represent price for New *Fork and Northeas tern New Jersey.
° Import revisions for 1955 (units as above) : Coffee — June, 1,360; Sept ember, 1,4178; sugar, raw— tot al, May, 258,086; J une, 305,(JOS; Septe inber, 26(5,507; frona Philippine Islamis— May,
124,145; June, 136,940; September, 49,280; sugar, refine i— Octob*ir, total, 14,258; fro m Cuba, 12,501; te a— April, 8,095; Msly, 7,802; Novembe r, 9,460; t obacco, September , 9,453.
ft Revisions for 1955 for tobacco exports (units as abc>ve): Juljrt 50,221; £ eptember , 85,353; C)ctober, 8,>,781.




SURVEY OF CURRENT BUSINESS

April 1957

S-31

1956

Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

February

March

May

April

June

July

1957

DecemAugust Septem- October November
ber

January

February

March

LEATHER AND PRODUCTS—Continued

,

LEATHER MANUFACTURES
Shoes and slippers:
Production, total
__
thous. of pairs
Shoes, sandals, and play shoes, except athletic,
total
thous. of pairs.
By kinds:
Men's
do
Youths' and boys'
do
Women's
do
Misses' and children's
do
Infants' and babies'
- -- do

r

r

56, 493

55, 341

r

48, 968

48, 289

r

44, 806 r 42 771

p

51, 556 f 49, 636

r

43, 240 f 41, 909

r

T

38, 408

r

10 052 r 9 774 ••9 643 r 9 789 r7 893
' 2, 020 r ' 1, 989 r ' 1, 761 r T 1, 930 r f 1, 622
r
27, 279
26 779
22 861
21 194
20 783
r
8, 361 r 7, 214 '5,724 ' 5, 787 r 5, 474
r
3, 844 r 3, 880 r 3, 251 T 3 209 r 2 636
' 4,
262 ' 5, 066
r
446
' 453
••229
"•186
1
*358
384

Slippers for housewear
do
Athletic
-do
Other footwear..
do
Exports
-- do
Prices, wholesale, f. o. b. factory:
Men's and boys' oxfords, dress, cattle hide upper,
Goodyear welt
1947-49 =100
Women's oxfords (nurses'), side upper, Goodyear
welt
1947-49=100
Women's and misses' pumps, suede split- - do

r

5,r 153
451
r
124
1
287

r

5,r 660
486
"•234
J
288

' 5,r 624
473
r
301
1
236

r

36 715
r
r

7 337
I 628
T
20
406
r
5, 087
r
2 257
r

5r 181
368
r
507
232

r

55 656

r

r

46, 346

r

r
r

9 583
2 044
r
25
030
r
6,
635
r
3 054
r

45 485

r

52 239

r

37 106
r 7 973
r
1 685
r r19 276
5 443
r 2 729

r

42 128

r

r

8 222
T 546
r
542
352

7 554
r 493
r
332
291

46 926

41 944

51 535

51 398

38 267
T 9 286 r 3 437
r 1 731
r i 491
r r21 464 r 19' 263
6 397 r 5' 925
r 3 200 T 3 101

37 107

47 410

45, 847

7 744
1 654
18 705
6 016
2 988

9 084
1 937
25 224
7 547
3 618

8 722
1 771
24 774
7,092
3 488

4 182
482
173
326

2 859
477
789
r
225

4, 345
463
743
272

r

9 183
r 553
r 375
333

r 7 671

r 576
r 412
264

116 8

119 8

124 1

124 1

124 1

124 1

124 1

124 1

124 1

124 1

124 1

124 1

P 124 1

118.1
117.4

118.1
117.4

129.9
117.4

129.9
117.4

129 9
117.4

129 9
117.4

129 9
117.4

129 9
117 4

131 3
117 4

131 3
117.4

131 3
117 4

131 3
117.8

v 131 3
»» 117. 8

LUMBER AND MANUFACTURES
LUMBER— ALL TYPES
National Lumber Manufacturers Association: J
Production, total
mil. bd. ft_.
Hardwoods
do
Softwoods
do
Shipments, total
do. .
Hardwoods
do
Softwoods
do
Stocks, gross (mill and concentration yards), end of
month, total
mil. bd. ft._
Hard woods
__ do __
Softwoods
do
Exports, total sawmill products _ _
Imports, total sawmill products!

M bd. ft.
do

r

2,922
625
2,297

3,092
601
2 491

3,145
597
2,548

3,431
627
2 804

3,312
640
2 672

3,067
633
2 434

3,538
658
2 880

3 147
658
2 489

3 403
654
2 749

2 975
607
2 368

2 554
550
2 003

2 720
561
2 159

2,612
573
2 039

2,970
678
2 292

3,265
669
2 596

3,268
639
2 629

3,381
593
2 788

3,167
557
2 610

2 949
511
2 438

3 262
556
2 706

2 871
571
2 300

3 156
584
2 572

2 804
556
2 248

2 390
507
1 883

2 625
509
2 H6

2 486
535
1 951

8,689
3,198
5,491

8,522
3,131
5 391

8,399
3,089
5 310

8,450
3,123
5 327

8,598
3,206
5 392

8,716
3 328
5 388

8,991
3 430
5 561

9 247
3 517
5 730

9 496
3 586
5 910

9 660
3 637
6 023

9,824
3 681
6 143

9 863
3 733
6 130

9,989
3 771
6 218

61 639
294, 491

70 035
314, 368

55 235
279 133

82 249
227 006

56 983
175 509

66 281

' 59, 221 r 62, 691 r 61, 269 r 59, 587 ' 67, 974 70 485
64, 036
259, 406 292, 078 »• 265, 126 ' 272, 264 ' 290, 501 ' 327, 726 332, 975

r

SOFTWOODS
Douglas fir:t
Orders new
mil. bd. ft
Orders, unfilled, end of month _ _
do _.
Production
do
Shipments
- _ _
do
Stocks gross, mill, end of month _ _
do

742
705
759
743
1,076

872
758
776
820
1,033

697
583
767
781
954

712
589
655
706
902

752
566
830
775
956

652
554
717
664
1 010

798
578
825
774
1 068

683
537
761
725
1 097

679
608
633
607
1 122

651
585
689
674
1 082

634
582
692
637
1 137

25,2805
20, 020
23, 300
26, 280
Exports, total sawmill products _ .
M bd. ft.
28, 398
(2)
(2)
(2)
(2)
Sawed timber
do
()
(2)
(2)
(2)
Boards, planks, scantlings, etc
do
(2)
(2)
Prices, wholesale:
Construction, No. 1, dried, 2" x 4", R. L.
dol. per M bd. ft.. 89. 180 89. 320 89. 915 89. 786 89. 174
Flooring, B and better, F. G., 1" x 4", R. L.
dol. per M bd. ft__ 134. 603 134. 603 3 135. 001 3 135. 234 3134. 989
Southern pine:
Orders new
mil, bd. ft
723
727
733
671
664
261
275
240
287
270
Orders, unfilled, end of month
_
do
729
691
760
714
687
Production
do
671
685
710
738
749
Shipments
do_ _
Stocks, gross (mill and concentration yards), end of
1,821
1,810
1,827
1,815
1,806
month
mil bd ft
6,958
7,208
7,567
6,540
5,639
Exports, total sawmill products
- M bd ft_
(2)
(2)
(2)
(2)
Sawed' timber
do
(22)
(2)
(2)
Boards, planks, scantlings, etc
do
00
()
(2)
Prices, wholesale, composite:
Boards, No. 2 and better, 1" x 6", R. L.
83. 035
83. 826
84. 079
dol per M bd. ft
81. 294
81. 891
Flooring, B and better, F. G., I" x 4", S. L.
dol. perMbd. ft__ 152. 206 155. 159 154. 179 154. 546 153. 934
Western pine:
580
733
714
678
Orders new
mil. bd. ft
681
459
441
424
489
498
Orders unfilled end of month
do
531
788
818
671
610
Production
__do
762
749
578
690
639
Shipments
- do
1,750
1,698
1,673
1,680
1,654
Stocks gross mill end of month
do
Price, wholesale, Ponderosa, boards, No. 3 common,
82.21
82.31
83.67
81.30
83.50
1" x 8"
dol per M bd. ft _

34 013
21 310
12 703

23, 669
12, 882
10, 787

27 664
16 699
10 965

33 500
19 286
14 214

24 269
14 117
10 152

37 584
22 225
15 359

22 775
12 858
9 917

35 040
19 437
15 603

88. 206

86. 773

85. 089

83. 159

81 603

81. 989

80.882

804
734
783
828
988

798
668
843
864
968

3

132. 570

3131. 247 3130 879 3 129 685 3 130 646

80. 654
r

r

130 034 3131 320 p3 131. 320

675
221
690
694

730
215
729
736

641
211
650
645

711
198
744
724

619
174
690
643

516
158
615
532

658
178
738
638

557
180
570
555

1 823
7,983
2 010
5,973

1,816
8,614
1,740
6,874

1 821
5 966
1 918
4,048

1 841
6,100
1 454
4,646

1 888
6 979
1 841
5 138

1 971
9,536
1 809
7,727

2 071
6,851
1 203
5,648

2 086
7,505
1 451
6,054

T

82. 425

81.884

81 884

81 794

81. 794

154. 154

154. 338

154. 154

154. 154

153 970

685
415
746
694
1,803

730
347
912
799
1,917

681
359
769
668
2,017

733
361
808
731
2,094

626
319
600
584
2 110

554
365
501
508
2,103

540
375
451
530
2 024

511
395
486
492
2,018

79.80

77.39

73.53

70.83

70.10

71.46

72.52

v 72. 52

82 062

80. 465 v 78. 413

153. 542 f 152. 133 pl48. 786

HARDWOOD FLOORING
Maple, beech, and birch:
4,375
3,475
5,325
4,250
3,950
4,000
2,700
4,525
4,350
4,900
4,500
5,650
3,000
Orders new
M bd. ft
14, 025
13, 750
13,250 13, 350
16,900
15,400
16,050
13,050
15,000
15,450 14, 550 13, 350 13, 000
Orders, unfilled, end of month
_ - do
3,700
4,350
4,000
4,300
3,600
3,700
3,700
3 225
4,250
4,050
3,650
3,900
3,300
Production
do
3, 150
5,000
5,025
3,850
3,375
3,350
3,100
4,100
3,600
3,650
3,700
3,500
4,300
Shipments
_ - - do
8,650
8,100
6,200
7,700
8,500
7,500
7,300
7,050
6,350
8,700
7,800
8,000
6,555
Stocks gross mill end of month
do
Oak:
73,
683
92,
406
74,
843
86,
426
78,
010
85,603
97, 078 105, 106
80, 671
62, 525
72, 917
79, 691
91, 136
Orders, new
do
33, 573 37, 624
71,450 80,765 82, 346 74, 889 62, 224
32, 296 29, 630
35, 800
55, 624 49, 448
40, 867
Orders, unfilled, end of month
_
__do
102,
497
74,
467
96,
955
104,
641
93, 743
87, 010
70, 985
86, 462
87, 730 100, 475
93, 738
98, 616
87,880
Production
do
93, 349
89, 512
80,601 65, 903 78,490 69, 632
84, 993 93, 729
86, 291 97, 807
95, 791 91, 370 100, 007
Shipments
__do
79.190 80. 516 81. 038 87. 716 88. 885 95. 631 101. 492 106. 574 115. 094 119. 929
74. 556
74.077
73. 249
Stocks. ernss_ mill, end of month
_ .. __do
l
2
3
'Revised.
*> Preliminary.
Excludes exports of infants' and children's shoes.
Not available.
For C and better, flat or mixed grain; not entirely comparable with data prior
to April 1956.
^Revisions to be shown later are as follows: All types of lumber, January 1954-March 1955; imports of sawmill products, April 1955-January 1956; Douglas fir, January 1953-October 1955.




SURVEY OF CURRENT BUSINESS

S-32
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

April 1957

1956

February

March

April

May

June

July

1957

DecemOctober NovemAugust September
ber
ber

January

February

March

439, 595

405, 013

404,061

LUMBER AND MANUFACTURES—Continued
PLYWOOD
Hardwood (except container and packaging) :
Shipments (market), quarterly total
M sq ft., surface measure _Inventories (for sale) end of quarter
do
Softwood (Douglas fir only), production
M sq. ft., %" equivalent. . 443, 094

212, 892
39, 183

236, 405
36, 938
469, 751

446, 925

431, 560

372, 282

188, 529
39, 186
355, 424

475,763

411,981

201, 501
48 947
493, 563

444, 773

506, 066

METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade:
Iron and steel products (excl. advanced mfrs.) :
Exports, totalcf
short tons
Scrap cf
do
Imports, totald". do
Scrapdo

'1,008,246 '914,645 ' 701, 488 '710,271 '908,956 '1,140,215 '923,148 1,160,670 981, 743 1,016,175
905, 604 ' 916, 793 ••918,221
529, 847 '490 090 T 480, 170 ' 574, 915 ' 531, 516 '438,908 '472,165 ' 545, 470 ' 683, 537 '490,708 621 775 505. 495 607 765
' 130, 869 134, 967 '141,590 ' 177, 702 162, 642 '168,926 '225,631 ' 178, 934 ' 255, 122 ' 296, 827 225, 532 213, 757
25, 024
26, 907
13 914 ' 10, 214 13, 102
20, 741
13 980
13, 263
28 753
24 788
25 607
11 576

Iron and Steel Scrap
Production and receipts, total _ thous. of short
Home scrap produced
Purchased scrap received (net)
_
Consumption, total
_ __ _
Stocks, consumers', end of month

tons
do
do
do
do

Ore
Iron ore:
All districts:
Mine production
thous. of long tons
Shipments .. _
_
_
do
Stocks, at mines, end of month
do
Lake Superior district (U. S. and Canadian ores):
Shipments from upper lake ports
do
Consumption by furnaces§
do
Stocks, end of month, total§
do
At furnaces §
_. _
do
On Lake Erie docks§
do_

Importscf
_ _
do
Manganese ore, imports (manganese content) cf do

7,135
3,882
3,253
7,107
7,168

7,238
4,087
3,151
7,541
6,863

7,145
3,934
3,210
7,270
6,737

7,586
3,947
3,639
7,271
7,054

6,595
3,677
2,918
6,714
6,934

2,304
989
1,315
2,225
7,013

6,127
3,270
2,857
6,108
7,027

6,733
3, 755
2,978
6,979
6,786

7 664
4 162
3 502
7 529
6 923

7,108
3 941
3,167
7 063
6 958

7 475
3 970
3 505
7 017
7 416

'7,320

3,592
2,081
7,262

3,649
2,004
8,905

8,084
7,332
9,657

12,970
13, 728
8,918

13, 233
13, 879
8,459

1,490
2,143
7,806

9,962
9.898
7,854

13, 404
13, 512
7,716

13, 852
14, 305
7,263

8,351
10,288
5,327

4,837
4,448
5,699

3,841
1,901
7 649

0

0
i 23, 370
23, 020
20, 365
2,655

5,674
7,457
19, 373
17, 184
2,189

12, 554
7,916
24, 010
21, 449
2,562

12, 939
7,194
30, 835
27, 468
3,367

2,666

8,045
6, 858
35, 475
31, 901
3,574

12, 745
7,217
41,213
37, 376
3,837

12, 628
7,556
47, 483
43, 235
4,248

8,801
7 485
50, 537
45 947
4,591

1,580
7 840
45, 508
41 231

37, 481
33, 580

r

1, 623
63

' 3, 012
63

3,081
89

' 2, 638
73

' 4, 077
85

' 3, 537
65

3,877
103

'2,608
64

1 630

1,692

1,163
1,255
715

1,145
1 218
702

1,086
1,236
737

1,041
1,152
687

1, 109
763
488

1,074
1.103
672

1,037
1 110
649

996
1 275
734

917
1 176
635

1 109

106, 491
86, 941
46, 266

99, 573
83, 320
47, 064

93, 677
80, 138
51, 053

86,247
75, 635
45, 022

92, 078
54, 340
31, 300

91, 883
74, 422
43, 479

92, 553
69, 380
41, 902

92, 734
81 528
50 219

89, 977
82 717
47 979

92, 311
76 352
44, 268

7,149
7,075

6 925
6,806

6,921
6,792

6,435
6,319

1 107
1,079

5 142
5,173

6,933
6,780

7 316
7 224

7 036
6 986

7 335
7 164

7 282
7 260

6 658
P 6 574

2,167

2,186

2,292

2,315

2,419

2,326

2,396

2,380

2,308

2,355

'2,268

P 2, 242

58.59
58.50
59.00

59.65
60.00
60.50

59.65
60.00
60.50

59.65
60.00
60.50

61.08
60.00
63.00

62 35
62.50
63.00

62.45
62.50
63.00

62 45
62 50
63 00

62 45
62 50
63 00

62 45
go 50
63 00

62 45
62 50
63 00

62 45
P 62 50
P 63 00

1,484
81

1,397
72

2

4,277

96

' 4 070
' 3, 251
' 7, 427
'7 312

v 6, 742
p 3 744
•p 2, 998
P 6 768
P 7 302

0
7,892

3,905
92

Pig Iron and Iron Manufactures
Castings, gray iron:
1,141
Orders, unfilled, for sale
thous. of short tons _
1,215
Shipments, total
do
For sale
_
do
680
Castings, malleable iron:
Orders, unfilled, for sale
short tons.. 113, 616
Shipments, total
_
do
93, 533
For sale
do
54, 466
Pig iron:
6 603
Production
thous. of short tons
Consumption.
... _.
do
6,576
Stocks (consumers' and suppliers'), end of month
2,212
thous. of short tons._
Prices, wholesale:
58.45
Composite
dol. per long ton
Basic (furnace)
._
do
58.50
Foundry, No. 2, Northern
do
59.00

920
587

906
1 216

P i 103

643

93, 886
85 977 P 78 384
51 508

63 84

Steel, Crude and Semimanufactures
Steel castings:
Shipments, total
.short tons.- 165, 398 170, 045 163, 708 178, 227 164,661 117, 984 159, 831 155, 046 175, 630 164, 114 158, 725 169, 240 P152, 013
For sale, total
do
96, 350 127, 001 121,705 135, 798 126 900 125, 569 133 826
128, 598 130. 839 125, 015 142, 025 129, 147
34,762 28 284 34 080
19, 833 32, 965
35, 949
30, 833
Railway specialties
_
do
31, 296
27, 475
33, 496
31. 991
30 0%
Steel forgings (for sale):
551. 3
Orders, unfilled..
thous. of short tons..
538.7
562.4
546.9
569.4
577.7
589.0
553.8
539.6
537.9
536 9
553 4
143 4
Shipments, total
do
121 5
148 3
98 5
151 7
123 2
150 6
150 0
158 9
129 6
147 7 P 135 o
134 5
122.2
Drop and upset
_
do
88.2
103.4
110.8
76.2
112.0
118.1
89.1
114.8
96.3
113 0
100 3
Press and open hammer
do
22.2
35.2
36.8
33.6
37.5
40.1
38.6
33.3
34.0
34 7
34 2
Steel ingots and steel for castings:
Production
do
9 721
10 524
10 925
1 622
10 490
10 119
11 049
8 123 10 423
11 009
9 987
10 556
10 838
99
92
15
96
100
100
99
101
Percent of capacity t --' 99
75
'100
97
98
Prices, wholesale:
Composite, finished steel
dol. perlb._
.0627
.0583
.0583
.0581
.0581
.0583
.0581
.0627
.0620
.0628
.0626
.0629
.0632
.0633
Steel billets, rerolling, carbon, f. o. b. mill
dol. per short ton..
78.50
78.50
78.50
78.50
78.50
84.00
78.50
84.00
84.00
84.00 P 86. 32
84.00
84.00
Structural shapes (carbon), f. o. b. mill. _ dol. per lb._
.0487
.0487
.0487
.0487
.0487
.0527
.0527
.0487
.0527
.0553 p . 0567
.0527
.0527
Steel scrap, No. 1, heavy melting (Pittsburgh)
dol. per long ton._
48.50
49.00
44.50
49.50
54.50
44.50
54.00
58.50
55.50
62.50 P 53. 50
66.50
62.50
Steel, Manufactured Products
Barrels and drums, steel, heavy types (for sale) :
2,502
2,146
Orders, unfilled, end of month
._ thousands
2,334
2,322
2,278
2,266
2,126
2,536
2,070
1,708
1 895
1,983
Shipments
_ _ .__
. .
do
2,379
2,659
2,294
1 731
2,251
2 469
2 035
1 914
1 874
1 878
Stocks, end of month
do..65
69
59
57
69
61
65
68
62
62
61
Cans, metal, shipments (in terms of steel consumed),
total for sale and own use
short tons- '299,670 338, 536 480, 301 335, 538 405, 082 448,559 594, 771 533, 264 516, 542 265 169 267 144 '314 488 279 887
'r 176, 999 193, 360 321, 524 182 338 224, 296 266,366 419 818 392 161 352 675 154 249 153 092 '183 293 161 272
Food--do
122, 671 145, 176 158 777 153 200 180 786 182 193 174 953 141 103 163 867 110 920 114 052 131 195 118 615
Nonfood
do
r
251, 964 288, 099 422, 924 278 287 345, 429 396,181 531 895 458 042 453 972 219 267 221 290 '262 984 233 867
Shipments for sale
do
1,421
1,533
1,594
1,493
1,390
1,591
1,495
Closures (for glass containers), production., .millions. _
1,685
1,368
l',280
1,436
1,251
1,403
Crowns, production
thousand gross.. 29, 328 34, 369 37, 619 23, 862 20, 566 24, 548 24, 870
18, 883 21, 289
22, 724
16, 941
24. 091
16, 706
' Revised.
J> Preliminary.
1 Total for January-March. 2 Total for July-August.
§ Beginning 1956, data (compiled jointly by The Lake Superior Iron Ore Association and American Iron and Steel Institute') reflect increased coverage of approximately 70 U. S. and Canadian
furnaces. Also, some U. S. ore previously reported as held on Lake Erie docks is now included in stocks at furnace yards, and certain small stocks of ore, not fully reported in earlier data, are
now more accurately represented. Comparable figures for earlier periods are not available.
cf Revisions for 1954 appear in the June 1956 SURVEY and for 1955 in the October 1956 issue, p. S-35
(except that for 1955, exports of iron and steel products are further revised as follows (short tons): Total—May, 854,549: June, 879,842; September, 789,530- November, 815.810- scran-^Mav
487,300; June, 545,812; November, 446,451).
'
i For 1957, percent of capacity is calculated on annual capacity as of January 1,1957, of 133,459,150 tons of steel; for 1956, data are based on capacity as of January 1,1956 (128,363,090 tons).
NOTE FOR STEEL PRODUCTS, p. S-33.—Data for semifinished products comprise ingots, blooms, slabs, billets, etc., skelp, and wire rods (formerly included with wire and wire
products); rails and accessories include wheels and axles. Monthly data for 1950-54 and annual shipments beginning 1933 on the revised basis will be shown later.




00

0

April 1957
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

SURVEY OF CUERENT BUSINESS

S-33
1957

1956
February

March

April

May

June

July

DecemOctober NovemAugust September
ber
ber

January

February

March

METALS AND MANUFACTURES—Continued
IRON AND STEEL— Continued
Steel, Manufactured Products— Continued
Steel products, net shipments :§
7,809
7,431
7,931
7,067
5,540
Total (all grades)
thous. of short tons
7 064
7 058
1 289
8 078
7 765
7 784
7 468
8 256
380
3291
360
390
400
Semifinished products
do
399
367
417
393
447
387
416
573
3472
569
600
543
583
Structural shapes (heavy), steel piling
do
564
538
516
525
479
478
777
775
3631
763
796
754
641
Plates .
_ . do _
747
695
712
707
607
224
215
208
197
3152
206
233
202
Rails and accessories
do
214
211
203
238
1,180
1,262
1,085
1,218
1,124
3 1,052
1,267
Bars and tool steel, total
do
1,288
1 209
1 165
1 284
1 166
802
849
3645
820
713
826
853
756
801
809
Bars: Hot rolled (incl. light shapes)
_ do
877
788
224
235
250
250
234
3238
275
Reinforcing
do
230
217
228
174
240
144
139
152
125
3152
127
171
174
171
Cold
finished
do
167
178
129
3857
905
931
990
1,039
1,055
872
Pipe and tubing
do
831
914
952
1,000
915
314
3339
298
348
364
287
342
408
457
Wire and wire products
do
375
395
263
451
588
3544
649
529
539
625
485
553
Tin mill products (incl black plate)
do
787
798
406
2,674
3 2,3 492
2,602
2,733
2,347
2,353
2,739
2,777
2,796
Sheets and strip (incl electrical) , total
do
2 655
2 910
2 532
847
802
709
794
840
731
705
816
800
Sheets • Hot rolled
do
798
853
826
1,189
3 1, 100
1,211
1,271
1,277
1,268
* 1, 083
1,046
1,327
Cold rolled (incl. enameling)
do
1,191
1 130 * 1, 232
NONFERROUS METALS AND PRODUCTS*
Aluminum:
92, 406 132 316 149, 125 145, 081 148 391 f 147,029 119 059
132 763 145 895 144 726 150, 800 145 726 151 624
Production primary domestic
short tons
32, 571
28, 131
28, 576
33, 520
30, 389
34, 997
26, 258
29 154
26, 740
Estimated recovery from scrap©
do
31 117
31, 468
28 164
Imports (general):
19, 885
18, 648
18, 810
17, 244
19,217
23,097
25, 924
12, 697
15, 423
13, 572
13, 496
Metal and alloys, crude
do
21 478
1,252
1,682
1,657
1,265
1, 731
1,798
1 501
2,185
2 425
2 313
1 898
Plates sheets etc
do
1 361
.2710
.2671
.2710
.2710
.2710
.2590
.2710
.2710
.2590
.2590
.2440
.2590
.2458
Price, primary ingot, 99%+
dol. per lb_.
.2710
Aluminum shipments:
319.2
329.5
318.9
361.4
307.7
354.7
332.2
347
9
377.6
367
3
390
6
Mill products and pig and ingot (net)
mil. of Ib
281 4
235.6
218.3
217.8
264.4
252.3
217.4
247.9
240.4
260.6
279.1
241.0
Mill products, total
do
194 8
104.3
125.9
114.6
136.5
117.1
132 5
147.6
134 1
139.6
143 9
156 0
Plate and sheet
do
99 9
61.4
73.0
62.5
69.7
58.2
65.8
74.2
73.1
53.0
67.9
67 3
73.8
CastingsA
do
Copper:
Production:
92, 067
99, 682
88 632
85, 292
TVrjTip rppoveT'R.blp copper A
short tons
89, 667
93 690
80 600
94 942
95 608
89 371 98 104
87 205 r 93, 210
121,916 125 032 123 344 133, 135 125, 760 107, 565 109, 726 108, 789 125, 204 121, 334 123 197 137, 362 114, 263
Refinery primary
do
Q
83, 583
83,239
98,
401
82, 727
93, 542
98, 008
89, 277
94 943
91 071
81 814
90 051
97 040
From domestic ores
do
84 89
26, 143
38, 961
31, 024
32, 057
31, 662
26, 062
35, 127
25, 751
35, 709
27, 992
30. 845
28, 401
From foreign ores
do
38? 298
19,088
20, 492
19, 821
24, 318
22 171
15, 808
17, 383
19 224
24 491
21, 827
16 597
25 780
25 932
Secondary recovered as refined
do
Imports (general):
r
r
58, 795
52, 446
41 652
63, 686
52 992
49, 324 ' 58, 091 47, 882
47, 881
48, 674
44 170
Refined unref , scrap© O
do
60 226
13, 496
17, 497
14, 345
15, 016
13, 697
15, 994
16, 782
14, 683
19, 443
18, 183
Refined
- do
16, 687
14 970
Exports:
1
1
1
1
43,
107
24,
047
29,
312
30,
303
40, 981
25,
165
27,
277
16
172
17,
703
21,
659
18 040
i 21 686
Refined, scrap, brass and bronze ingotsO
do
49 243
29, 769
29, 933
23 922
21 213
22, 025
18, 570
9 392
12 115
13 319
15 147
Refined
do
17 836
16 076
39 620
81 482 125 478 115 607 132 256 116 538 112 885 pl33 084 P112 957
143 022 151 070 149 803 148 557 129 631
Consumption refined (by mills etc )
do
142* 897 149 390 161 '225 164, 055 181 233 239 113 234, 346 219,135 221, 970 239' 846 238 617 p228, 768 P238, 798
Stocks refined end of month, total
do
104 972 102 272 108 496 114 888 129 095 155 068 145, 074 132,946 121 846 128 489 123 302 *>113, 196 ^103 209
Fabricators'
do
.3145
'. 3553
.3862
.3960
.3258
.3963
.4553
Price, bars, electrolytic (N. Y.)
dol. per lb._ .4459
.3570
.4506
.4081
.4616
.4673
.3565
Copper-base mill and foundry products, shipments
(quarterly) :
505
462
570
Brass mill products
mil, of Ib
688
405
363
433
Copper wire mill products©
do
428
225
216
263
274
Brass and bronze foundry products
do
Lead:
Production:
29, 301
27, 109
29 975
30 950
27 415
30 630
28 503
27 969
31 520
29 481
29 705
28 250
Mine recoverable lead A
short tons
34 498
36 009
33 536
40 429
35 356
37 894
34 391
38 434
38 650
33 094
37 049
37 047
Secondary estimated recoverable©
do
54,063
56, 095
42, 145
36, 265
41, 294
43, 016
28 961
29, 982
42 635
32 804
29 695
«• 31, 711
Imports (general) ore© metal O
do
89, 700 101, 400
95 000 110 100 101 000
85 900 105 900
98 600
96 400 101 200
96 600
98 000
Consumption total
do
Stocks, end of month:
Producers', ore, base bullion, and in process©
117,531 118,230 117, 236 123, 621 130, 561 126, 960 133, 028 126,274 119,141 121,051 118,078 120, 975 123, 276
(ABMS)
short tons
39, 129
40, 559
38, 650
37, 706
48, 843
35, 196
47 628
44, 369
52, 188
39, 930
40, 398
50 371
Refiners' (primary) ref and antimonial© do
130 617 128 246 131 162 131, 243 119 613 123 695 114, 066 119,773 112 753 102 688 r r 115,572 118, 124
Consumers' total
do
55 465
52 129
53 339
57 020
53 116
59 111
49 956
50 798
51 903
55 164
51 949
Scrap (lead-base purchased) all consumers do
58 991
.1600
.1600
.1600
. 1600
.1600
.1600
.1600
.1600
. 1600
1600
1600
.1600
Price pig desilverized (N Y )
dol per Ib
1600
Tin:
2,049
1,788
1,929
1,993
1,694
1,587
1,211
2 207
2,250
2 012
1,935
Production pig total
long tons
2,075
Imports for consumption:
15
127
1,224
1,462
918
1,182
1,053
1,230
679
1,761
1,890
2,746
Ore©
do
4,746
6,285
r 5, 894
6,625
5,466
4,679 r 4, 348 ' 4, 707 r 4, 598 r 4, 557 r 5, 380 r 4, 835
Bars, pigs, etc
do
7 415
7, 995
7,270
7 390
8 420
8 000
7 410
7 615
4 415
7 965
8 300
8 115
Consumption pig total
do
4,895
5,440
5,550
5,775
5,305
4,915
2 455
5 045
5,230
5 250
5 380
5 405
Primary
do
26
99
120
112
19
16
90
20
20
97
46
433
88
Exports incl reexports (metal) O
do
19, 135
19,272 r 20, 121
19, 050
18, 353
20 589
15 222
15 411
16 787
16 182
18 421
18 384
Stocks pig end of month total
do
19, 135
18, 390 ' 19, 105
17, 570
17, 640
18, 670
14, 785
16, 760
15, 195
17, 845
14, 900
16 930
Industry
do
1. 0022
.9948
1. 0135
1. 0357
1. 0401
1. 1026
1. 0572
.9896
.9616
.9448
.9688
.9917
Price, pig, Straits (N. Y.), prompt
dol. per lb__ 1. 0053
1. 0057
Zinc:
47 773 44 888
44, 084 ' 49, 186 45, 069
45 449
45 437
47 232
TVTinp prod notion rppovprablp zinc A
short tons
48 861
41 980
42 717
45 093 42 963
Imports (general) :
42, 189
39, 803
45, 425
50 462
47, 182
37, 960
38, 093 41 955
55 729
43 453 39, 688
41 300
Ores and concentrates©©
do
27, 494
46, 452
14, 179
27, 580
31, 079
26, 094
10 691
14, 124
12 631
14 081
17 238
12 178
Metal (slab blocks)©
do
Slab zinc:
Production (primary smelter), from domestic and
86, 748
91, 496
85, 478
84, 583
84, 395
85, 797
78, 914
75, 674
72, 884
82 638
80 987
85 050
foreign ores
short tons
6,704
6,738
6 330
7 696
5 652
5 154
5 564
4 166
5 342
5 437
6 026
6 640
Secondary (redistilled) production total
do
82,
272
90, 490
87,
224
94, 777
80, 258
77, 155
89 762
46 548
72, 815
81, 876
87 222
91 782
Consumption fabricators' total
do
503
496
413
1,091
952
602
657
629
413
647
671
1,083
554
Exports
do
Stocks, end of month:
89, 341
78, 974 ' 86, 889
70, 185
68, 622
39, 833 40, 038
88, 810
59, 577
47, 907
69, 226 102, 775 104, 307 102, 165
Producers' smelter (AZI)
do
90, 667
97, 325 r 100,665
98 642
93, 896
95, 269
125 171 127 236 128 050 119 275 108 557 103 988
Consumers'
do
.1350
.1350
.1350
. 1350
.1350
.1350
.1350
.1350
.1350
.1350
.1350
.1350
.1350
.1350
Price, prime Western (St. Louis)
dol. per lb__
' 9. 050
7.004
8.968
8. 136
8.478
8 ni7
7.794
7 fi85
R 7fil
7 K34.
8 53fi
Q 4fiQ
7inr> nvirln (vir\n nrmfpnt nf r»rp nrmsnmp.rn shnrt. tnns
R 897
r
l
2
Revised.
» Preliminary.
Data for January-June 1956 exclude exports of brass and bronze ingots; such exports averaged 68 tons per month in 1955.
Secondary plants only.
3
4
For July and August.
Excludes shipments of enameling sheets.
©Basic metal content.
§ Beginning with the March 1956 SURVEY, data reflect regrouping of products. For changes not self-explanatory, see note at bottom of p. S-32.
*New (or substituted) series in most cases. All series (except as noted) are compiled by the 17. S. Department of Interior, Bureau of Mines; data prior to August 1954 for new series will be
shown later. General imports comprise imports for immediate consumption plus material entering the country under bond. Aluminum—prices of aluminum ingot are as quoted by the
American Metal Market; shipments of mill products plus pig and ingot are compiled jointly by the U. 8. Department of Commerce, BDSA and Bureau of the Census. Copper—secondary production, exports, consumption, and stocks of copper and shipments of mill and foundry products are compiled by BDSA. Lead—producers' stocks of lead ore and bullion are compiled by
the American Bureau of Metal Statistics; stocks of scrap lead are in gross weight. Zinc—primary smelter production of slab zinc is derived by subtracting secondary (redistilled) production
at primary and secondary smelters (compiled by Bureau of Mines) from total smelter production (compiled by American Zinc Institute).
ARevisions for 1954 (and 1955 for lead) are available upon request.
©Revisions for earlier months appear in the July 1956 SURVEY.




SURVEY OF CUEEENT BUSINESS

S-34
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

April 1957

1956
February

March

April

May

June

July

1957
October Novem- DecemAugust September
ber
ber

January

February

March

METALS AND MANUFACTURES—Continued
HEATING APPARATUS, EXCEPT ELECTRIC
Hadiators and convectors, cast iron:
Shipments
_ _
thous. of sq. ft. of radiation
Stocks, end of month
do
Oil burners:
Shipments
- _
number
Stocks, end of month
do
Stoves and ranges, domestic cooking, excl. electric:
Shipments, total
number
Coal and wood _
do
Gas (incl bungalow and combination)©
do
Kerosene, gasoline, and fuel oil
do
Stoves domestic heating shipments total
Coal and wood
Gas
Kerosene gasoline and fuel oil

do
do
do
do

Warm-air furnaces (forced-air and gravity air-flow),
shipments total
number
Gas
do
Oil
do
Solid fuel
do
\Vater heaters gas shipments
do

2,236
5,013

1,802
5,814

1,900
6,082

1,577
6,912

1,618
7,519

1,959
6,626

2,996
5,977

3,089
5,277

3,719
4 263

2,589
4,074

1,756
3,878

1,712
4,139

44, 697
63, 952

47, 890
73 835

50, 798
77, 713

51, 650
80, 563

66, 498
75, 128

57, 752
74, 320

85, 278
64, 527

97, 746
51, 778

94, 910
48 903

64, 881
50 162

38, 729
50,329

45, 934
54, 460

192, 953
5,039
178 441
9,473

194 454
4,958
181 480
8,016

174, 627
4,572
161 322
8,733

178, 069
4,159
166 627
7,283

179, 899
4,154
169 539
6,206

155, 725
4,065
146 845
4,815

206, 506
7,183
187 484
11, 839

204, 446
5, 789
190 984
7,673

217, 898
6, 536
202 850
8,512

161, 070
5,537
149 675
5,858

134, 878
4,387
125 139
5,352

146, 360
4,178
136 248
5,934

106, 293
10, 245
58, 849
37 199

131 234
10, 636
76 970
43 628

125, 580
14, 310
71, 694
39 576

166, 167
18, 511
99, 159
48, 497

206, 637
24, 269
132, 474
49, 894

280, 617
32, 832
183, 315
64, 470

348, 645
54, 526
215, 861
78, 258

347, 688
58, 212
195, 533
93 943

383, 582
63, 483
224, 507
95 592

242 322
30, 905
160 611
50 806

85, 536
10, 537
56, 140
18, 859

75, 948
6,379
42, 657
26, 912

78 906
51 025
25, 417
2,464
246 098

84 882
56 527
26, 280
2 075
254 786

84 992
57 390
25, 311
2,291
230 056

93 590
63, 751
26, 585
3,254
231, 388

104, 167
70, 204
30, 434
3,529
236, 758

111,614
71, 962
34, 770
4,882
226, 532

159, 704
99, 712
52, 873
7,119
237, 962

154 509
94, 845
51, 638
8,026
217 277

133 321
81, 462
45, 118
6,741
225 632

99 543
62 987
32, 303
4 253
182 266

71, 305
47, 479
21, 201
2, 625
153, 198

75 659
49, 156
23, 737
2,766
209 953

MACHINERY AND APPARATUS
Blowers, fans, and unit heaters, quarterly totals:
Unit heater group new orders
Foundry equipment (new) , new orders, net
Furnaces, industrial, new orders, net:
T? pi fi pd fp ppr»t fn h t rnll'n

tppn

rl

Industrial trucks (electric), shipments:
Hand (motorized)*
number
Rider-type
do
Industrial trucks and tractors (gasoline-powered), shipments*
number
Machine tools (metal-cutting):® A
Domestic
do
Shipments total
do
Domestic
do
Estimated backlog
months
Pumps (steam, power, centrifugal and rotary), new
Tractors (except contractors' off -highway and garden) : A
Wheel-type
Tracklaying

do
do

47 824
19 954

52 275
20 297

75 099
20 117

64 785
16 954

do
169 0

152 7

135 2

207 0

156 7

110 3

188 3

114 7

122 2

121 0

115 6

117 9

1 768
9' 770

2 221
3 526

1 924
6 182

2 035
1 178

2 555
1 432

1 089
2 726

3 263
2 988

1 410
1 007

2 131
5 447

1 587
1 767

2 095
2 943

2 062
4 581

4 441
3 429

603
491

671
503

624
503

719
520

702
533

682
512

554
374

577
442

682
491

565
501

521
442

602
480

559
385

1,765

2,170

2,232

2,254

2,141

2,725

2,137

2,141

2,191

2,206

1,977

1,837

1,610

81 30
72 35
64.60
58. 70
8 5

gq 50
80 05
74.15
67 85
8 6

79 30
74.00
71.80
65.00

87 10
79.45
76.80
70.50

61 90
55.25
65.15
60.70

87 50
78.25
75.10
69.00

8.4

8.2

61 85
55.65
76.25
69.55

78 45
68.80
71.10
65.40

66 10
57.55
89.75
79.85

7.2

64 25
58.70
81.70
73.60
6 7

57 20
51.90
85.15
75.05

r 63 25
r
56 30
r
76. 55
r
67.
55
r
60

P 58 15
•P 51. 00
p 78. 10
P 72. 40
•p 5. 8

7 735

8 987

8 865

9 903

8 240

7,587

8,336

8 436

9 188

8 522

6 838

9 601

79 526
42, 795
36, 731

86 767
44, 244
42, 523

92 794
42, 996
49, 798

81 342
34, 054
47, 292

71 849
27, 042
44, 807

57 283
20, 840
36, 443

63 321
24, 556
38, 765

63 231
29, 656
33, 575

63 3°2
27, 619
35, 703

55 471
22, 731
32, 740

63 656
29, 689
33, 967

74 635
38 251
36 384

82 060
43, 351
38, 709

1 340

1 348

1 368

1 761

1,807

2,178

2 571

2 711

3 015

2 592

2,265

2,638

1 955

156

156

155

147

142

160

146

159

132

136

151

••127

395 7
405.7
1,360.1

352 9
324.2
993.0

326 0
315.2
1, 060. 2

248 3
340.2
1,073. 8

259 8
380.2
566.7

276 9
373.9
990.8

320 3
402.6
U,319.2

372 0
449.4
1, 348. 9

300 4
357. 9
1, 381. 8

281 0
298.4
1,715. 2

276 7
'331.3
1, 085, 5

i 680. 0

549.6

467.9

i 553. 0

336.9

612.9

i 894. 2

820.8

680.0

i 627. 0

450. 2«
154.0

7.8

7.8

7.7

7.7

6.2

ELECTRICAL EQUIPMENT
Batteries (automotive replacement only), shipments f
TT

h Irl

1 t '

1

V

•

uiOUbdllUis--

Refrigeration output (seas adj )*
1947 49—100
Vacuum cleaners (standard type), sales billed

286 4
405.6
Washers, domestic sales billed d
do
1, 093. 5
Radio sets, production§
do
Television sets (incl. combination), production§
576.3
thousands. _
Insulating materials and related products:
Insulating materials, sales billed, index
163 0
1947 49—100
Vulcanized fiber products: 9
4 567
1
q,.
*! . •,
. H nrndnptsr? th
<?'nfdnl
2 136
32, 877
Steel conduit (rigid) shipments
thous of ft

Motors and generators, quarterly:
New orders index
1947 49—100
Polyphase induction motors, 1-200 hp:t
New orders
thous of dol
Billings
do
Direct current motors and generators, 1-200 hp:t
Billings

do

1

1

1

168.0

163.0

158.0

156.0

117.0

153.0

141.0

163.0

149.0

139.0

4 981
2 234
34, 743

4 792
2 338
37, 840

4,900
2 050
43, 495

4,804
1,903
54, 144

3,540
1,450
42, 513

4,829
1,930
30, 344

4,158
1,694
28, 700

4,674
1,956
31, 596

4 240
1 812
31, 156

4,464
1,784
33, 318

224.0

253.0

228.0

53, 266
46, 766

61, 186
51, 572

55, 187
57, 156

52, 395
51, 859

11 509
8,883

12, 528
11, 321

12, 136
10, 815

11, 333
13, 293

r

300 9
319.6
l, 264. 8

»li,m.i

r 464. 7 p i 569.5

PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
Production:}:
thous. of short tons_.
Stocks in producers' storage yards, end of month
thous. of short tons
Exports
do
Prices:
Retail composite
dol. per short ton
Wholesale, chestnut, f. o. b. car at mine
do

2,334

2,029

2,233

433
331

425
231

431
244

26.88
14. 124

26.88
14. 124

26.88
12. 460

1,925

2,442

1,869

2,699

2,481

2,938

2,600

2,316

2,265

371
333

282
405

331
359

529
465

519
680

388
659

364
488

342
658

264
469

25.74
12. 460

25.89
12. 460

25.99
12. 880

26.21
12. 880

26.23
13. 055

27. 15
13. 755

27.87
14. 490

28.99
15. 575

r

' 1, 885

1,750

288

29.41
29.41
15. 575 P 15. 575

t
Revised.
p Preliminary.
1 Represents 5 weeks' production.
O Beginning January 1956, data are estimated industry totals compiled by Gas Appliance Manufacturers' Association from reports of manufacturers whose shipments represent 80 to 95
percent of those for the industry.
©Comparable data back to 1945 are available upon request.
ADiffers from series shown in 1955 edition of BUSINESS STATISTICS.
*New series. Data for trucks and tractors, compiled by the Industrial Truck Association, are available beginning January 1955. The refrigeration index, compiled by the Board of Governors
"
' ' ' -^iata are available beginning January 1947.
cts.
f Unpublished revisions (January 1954-October 1955),
,
,. _ .,
.
_x._
..
, portable battery, automobile, and clock models; television sets
include combination models. Data for March, June, September, and December 1956 and March 1957 cover 5 weeks, other months, 4 weeks.
^Revisions for 1954 and 1955 are available upon
request.
of Data for January-April 1956 include shipments of hollow ware (averaging $189,000 per month in 1955); in other months, such shipments are excluded.
IfData for polyphase
induction motors cover from 32 to 33 companies; for direct current motors and generators, from 25 to 27 companies.
DData beginning January 1957 exclude sales of combination washer-dryer

machines. In 1956, such sales totaled 102,400 units; 1957 cumulative sales through February amount to 38,900 units.
r



SUEVEY OF CUREENT BUSINESS

April 195T
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

S-35

1956
February

March

April

May

June

July

1957
DecemAugust Septem- October November
ber

January

February

March

39, 260

42. 750

PETROLEUM, COAL, AND PRODUCTS—Continued
COAL— Continued
Bituminous:
Production d"
__ thous. of short tons _
Industrial consumption and retail deliveries, total? cf
»
thous . of short tons. _
Industrial consumption, totalj
do
Electric-power utilities
do
Coke ovens
« _
do
Beehive coke ovens
do
Steel and rolling mills
__ do__ _
Cement mills
do
Other industrials
do_ _
Railroads (class I)
Bunker fuel (foreign trade)
Retail-dealer deliveries

41, 221
34, 231
13,181
8,821
396
520
753
9,358

41, 121
35, 124
13, 101
9,424
437
533
789
9,629

36, 086
31, 900
11,709
9,066
413
465
737
8,377

34, 475
31, 499
11, 787
9,168
420
400
768
7,866

31, 867
29, 862
12, 065
8,485
354
376
748
6,906

24,600
22, 649
11, 750
3,130
93
142
764
6,004

do
do_

1,197
5

1,206
5

1,093
40

1,028
62

865
63

709
57

do

6,990

5,997

4,186

2,976

2,005

Stocks, industrial and retail dealers', end of month,
total
. thous. of short tons. _
Industrial total
do
Electric-power utilities
do
Coke ovens
do
Steel and rolling mills
-do
Cement mills
do
Other industrials
do
Railroads (class I)
_
do_ ._
Retail dealers

.

' 42, 259 ' 43, 235 ' 40, 104 ' 43, 896 ' 39, 241 ' 30, 519 ' 43, 907 ' 40, 187 '47,869

do

65, 261
64, 394
36, 171
12, 342
551
1,050
13, 286
994
867

3,825
Exports cT
do
Prices:
Retail, composite
dol. per short ton . 15.56
Wholesale:
4.731
Screenings, indust. use, f. o. b. car at mine_.do
7.229
Large domestic sizes, f. o. b. car at mine_.do
COKE
Production:
Beehive
__ thous. of short tons _
Oven (byproduct)
do
Petroleum coke 9
_ _ _ _ _ _ _
do
Stocks, end of month:
Over-coke plants total
do
At furnace plants
do
At merchant plants
do
Petroleum coke
_
do
Exports
do
Price, beehive, Connellsville (furnace)
dol. per short ton__

65, 847
65, 194
36, 633
12, 840
534
986
13, 259
942
653
' 3, 946

67,237
66, 536
37, 870
12, 865
548
1,007
13, 339
907

71, 796
70, 965
40, 223
13, 606
569
1,100
14, 573
894

32, 359 ' 33, 230
29, 557 r 30, 035
12, 907
12, 175
7,783
8,915
189
248
333
358
766
'720
6,652
6,645

' 44, 209 ' 39, 410 ' 44, 025

36, 269
32, 748
13, 225
9,266
304
437
753
7,695

37, 110
33, 462
13, 751
8,979
337
457
786
8,072

36,415
38, 953 r 42, 810
34, 980 ' 37, 037 31, 779
12, 937
15, 669
14, 431
8,476
'9,372
9,383
'418
406
360
481
593
523
792
718
809
9,194
7,953
8,427

868
59

916
58

1,008
60

1,019
61

1,037
27

978
'4

802
6

2,802

3,195

3,521

3,648

3,973

5,773

4,636

74, 309
73, 678 71, 449
72, 695 ' 70, 371 ' 73, 149
41, 236 r 41, 186 T 43, Oil
14, 005
13. 061
13, 366
538
556
553
1, 362
1,185
1,267
13, 943
14, 733 13, 343
929
980
961

76, 026
74, 9f4
44, 564
13, 522
524
1,406
14, 022
916

78, 897
77, 706
46, 434
14, 006
609
1,549
14, 190
918

78, 976
77, 806
46, 726
14, 093
580
1,612
13, 963
832

78, 008
76, 886
45, 956
13, 894
539
1,576
14, 061
860

' 72, 973
' 72, 135
43, 409
r
12, 796
511
1,377
13, 245
797

71, 307
70, 501
42, 262
12, 801
491
1,272
12, 887
788

1,078

1,072

1,191

1,170

1,122

838

806

6,312

5,092

4 517

1,951
f

701

831

983

5,366

5,898

6,570

r

6,567

1,160
r

7, 668

6,453

6,650

15.57

15.57

15.25

15.26

15.31

15.45

15.74

16.04

16.27

16.26

4.779
7.071

5.045
6.576

5.056
6.620

5.057
6.735

5.051
6.795

5.083
6.987

5.091
7.120

5.426
7.546

5,432
7.604

5.433
7.630

248
6,235
499

273
6,625
523

251
6,380
454

259
6,467
495

216
6,020
538

52
2,253
552

119
5,496
535

154
6,299
519

186
6,556
505

205
6,328
519

220
6,616
549

'253
6,604
572

245
5,967

1,635
1,479
155
333
45

1,674
1,535
139
344
52

1,743
1,567
176
347
40

1,888
1,650
238
344
52

1,939
1,644
295
342
63

2,634
2,185
449
355
36

2,963
2,437
526
341
69

2,811
2,304
507
336
68

2,584
2,107
477
308
49

2,442
2,003
439
312
63

2,326
1,924
402
'264
57

' 2, 096
1,793
303
292
78

2,013
1,765
248

14.13

14.13

14.13

14.13

14.13

14.13

14.35

14.50

14.50

14.50

15.00

15.00

15.19

2,533
209, 027
95
233, 374

2, 502
225, 625
93
245, 340

2,646
214, 386
88
224, 623

2,977
218, 976
93
244, 784

2,574
212, 997
95
242, 119

2,680
219, 805
94
248, 439

2,995
223, 046
94
247, 851

2,245
211, 616
94
240, 708

2,611
215, 936
87
235, 842

2,417
214, 174
93
240, 944

2,335
228, 684
93
252, 361

2,667
231, 880
94
256, 485

259, 504
68, 516
171, 050
19, 938

265, 683
70, 152
175, 704
19, 827

277, 121
72, 209
184, 807
20, 105

277, 497
70, 706
186, 113
20, 678

274, 491
67, 805
185, 882
20, 804

277, 008
70, 297
185, 831
20, 880

279, 944
71, 995
187, 123
20, 826

278, 791
72, 749
184, 895
21, 147

286, 560
75, 178
190, 081
21, 301

275, 995
70, 416
184, 477
21, 102

266, 014
71, 721
173, 278
21, 015

256, 669
70, 324
164, 808
21, 537

501
24, 906
2.82

1,155
28, 737
2.82

748
1,236
866
610
26, 244 ' 30, 849 r 30, 029 * 34, 002
2.82
2.82
2.82
2.82

1,179
31, 602
2.82

805
r 29, 372
2.82

1,444
33, 976
2.82

' 8, 442 10, 544
' 28, 602
26, 491
2.82
2.82

7,460
29, 680
2.82

55, 622
37, 291

56, 045
37, 618

51, 387
33, 892

51, 665
35, 609

52, 640
32, 951

54, 775
33, 037

57,007
33, 823

55, 354
31, 868

54, 917
33, 543

55, 245
35, 471

61, 413
39, 922

65, 662
40, 990

69, 165
54, 412

65, 631
52, 493

46, 588
46, 470

38, 300
43, 505

33, 469
39, 889

31,490
36, 144

33, 033
39, 422

41, 088
39, 452

44, 254
45, 461

57, 808
50, 389

71, 394
54, 381

92, 960
60, 874

7,095
8,231
5,611

6,224
8,424
6,642

5,758
8,118
6,408

4,468
8,126
6,940

4,615
7,857
7,034

4,323
7,842
6,957

5,177
8,326
7,319

5,202
7,552
6,596

6,266
8,687
7,480

7,130
8,323
7,031

8,224
8,712
7,916

9,904
8,861
7,999

71, 335
35, 673

60, 846
32, 984

63, 571
32, 740

75, 928
36, 607

93, 758
39, 073

115, 787
43, 958

137, 905
46, 617

150, 411
47, 342

158, 871
48, 400

151, 517
44, 590

133, 981
44, 491

100, 572
38, 403

1,770
1,264

1,574
1,346

2,395
1,685

1,312
1,819

1,544
2,108

1,720
' 2, 060

2,094
' 2, 136

2,170
1,734

' 2, 645
1,343

5,119
2,282

7,959
3,226

6,687
4,012

.106
2.00

.106
2.00

.106
2.00

.106
2.00

.106
2.00

.106
2.00

.106
2.00

.106
2.00

.109
2.00

.109
2.25

.109
2.25

.109
2.45

11, 165
13, 830
18, 712
53

10, 590
12, 140
17, 215
83

8,978
7,960
18, 227
134

9,058
5,170
21, 883
325

8,704
4,364
26, 111
209

9,170
6,213
28, 990
r214

9,716
6,850
31, 826
90

9,872
8,151
33, 588
58

11,044
8,714
35, 667
'313

11, 508
12, 434
34, 329
562

11, 735
14, 114
31,420
659

11, 384
17, 946
24, 019
1,059

.111

.111

.111

.111

.111

.111

.111

.111

.115

.115

.115

.115

16.31

16.31

' 5. 467 v 5. 467
' 7. 641 v 7. 641

PETROLEUM AND PRODUCTS
Crude petroleum:
\Vells completed
number
Pr eduction cf
thous of bbl
Refinery operations
percent of capacity
Consumption (runs to stills)
thous of bbl
Stocks, end of month:
Gasoline -bearing in U. S., total
do
At refineries
do
At tank farms and in pipelines
do
On leases
do
Exports 1
Imports d"
Price (Oklahoma-Kansas) at wells

do
do
dol. per bbl__

Refined petroleum products:
Fuel oil:
Production:
Distillate fuel oil
thous of bbl
Residual fuel oil
do
Domestic demand: cf
Distillate fuel oil
do
Residual fuel oil
do
Consumption by type of consumer:
Electric-power plants
do
Railwavs (class I)
do
Vessels (bunker oil)
_
do
Stocks, end of month:
Distillate fuel oil
do __
Residual fuel oil
do
Exports:
Distillate fuel oil 1
do
Residual fuel oil d
do
Prices, wholesale:
Distillate (New York Harbor, No. 2 fuel)
Residual (Okla No 6 fuel)
dol per bbl
Kerosene:
Production
thous
of bbl
Domestic demands'1
do
Stocks end of month
do
Exports
do
Price, wholesale, bulk lots (New York Harbor)
dol. DPT eral

' 1Revised.
v Preliminary.
d Revisions for July 1955 through January 1956 for imports and exports and for 1954 and 1955 for other indicated items will be published later.
^Revised (effective with the October 1955 SURVEY) to include bunker fuel.
9 Includes nonmarketable catalyst coke.




2.82

6,963
6,938

15.25

SURVEY OF CURRENT BUSINESS

S-36
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

April 1957

1956
February

March

April

May

June

July

1957
DecemAugust Septem- October November
ber

January

February

March

PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS— Continued
Refined petroleum products— Continued
Lubricants:
Production
- .
thous. of bbl
Domestic demand 9
do
Stocks, refinery, end of month .
do
Exports
do
Price, wholesale, bright stock (midcontinent, f. o. b.
Tulsa)
dol. per gal
Motor fuel:
Gasoline (including aviation):
Production total 9
thous of bbl
Gasoline and naphtha from crude oil
do
Natural -gas liquids:
Used at refineries (incl benzol)
do
Used in other gasoline blends etc 9
do
Domestic demand 9 _ _
Stocks, end of month:
Finished gasoline
At refineries
_
Unfinished gasoline
Natural gasoline and allied products

4,536
3,415
9,309
921

4,996
3,478
9,646
1,120

5,108
3,767
9,725
1,208

5,164
3,981
9,542
1.295

5,010
3,599
9,754
1.127

4,749
3,717
9,694
1,028

5,005
3,855
9,547
1,234

4,706
3,495
9,664
1,035

.210

.220

.220

.220

.220

.220

i.240

1

111, 754
99 106

118, 699
105 518

109, 365
96, 627

119, 640
106, 115

119, 267
106, 118

123, 229
109, 338

9,507
3 141

10, 240
2 941

10, 092
2,646

10, 323
3 202

10. 273
2,876

do

98, 088

113, 128

113, 034

124, 114

do
do
do
do

184, 554
109, 772
11, 538
11, 392

187, 981
110,001
11,717
12 642

182, 564
103, 410
10, 735
14, 356

174, 494
95, 479
12. 179
16, 717

2, 278

1,995

.110
130
.213

.110
125
.214

8,017
6,245
11, 496
7,304

Exports (motor fuel gasoline jet fuel)
do
Prices, gasoline:
Wholesale, refinery (Oklahoma, group 3)
dol per gal
^SVholesale regular grade (N Y )
do
Retail, service stations, 50 cities
do
Aviation gasoline:
Production total
thous of bbl
100-octane and above
do
Stocks end of month, total
do
100-octane and above
do
Jet fuel:*
Production
do
Domestic demand
do
Stocks end of month
do
Asphalt:©
Production
do
Stocks refinery, end of month.. .
do
Wax:©
Production
__ do
Stocks refinery end of month
do
Asphalt products, shipments:
Asphalt roofing total
thous. of squares
Roll roofing and cap sheet:
Smooth surfaced
do
Mineral surfaced
do
Shingles, all types _ _ . _
do _.
Asphalt sidings
do
Saturated felts
__
short tons__

5,112
4,118
9,536
' 1, 030

4,970
3,506
10, 060
'925

4,870
3,491
10, 182
1,197

4,960
3,774
10, 412
894

.240

i .240

'.240

1.240

i .240

125, 142
110, 474

119, 721
105, 676

116, 953
102, 079

117, 398
102, 635

125, 199
109, 792

123, 710
109, 412

10, 863
3,028

11, 118
3,550

11, 399
2,646

13, 455
1,419

13, 145
1 618

13, 764
1,643

12, 702
1,596

127, 413

121, 243

126, 207

112, 691

120, 133

112, 636

108, 215

109, 190

164, 826
88, 640
12, 250
19, 586

164, 590
86, 118
11, 946
21, 595

161, 14?
84, 036
11, 797
22, 307

167, 032
86, 313
10, 942
23,653

161,308
82,994
11, 490
24, 178

163, 086
85, 720
11,722
22, 934

174, 654
96, 081
12, 617
20, 559

184, 942
106, 956
12, 760
17, 638

1,968

1,812

'2,400

1,999

2,510

2,181

2, 469

4,142

3,616

.113
.125
.215

.118
125
.218

.118
.125
2.218

.118
.125
2.220

,118
.125
2.216

.118
.125
2.217

.115

.115

115

.115

2.216

2.215

2.215

2.227

8,879
7,056
11, 438
7,185

9,204
7,455
11, 799
7,706

9,367
7,123
11, 581
7,347

9.536
7,151
11, 959
7,268

9,535
7,290
12, 086
7,239

9,837
7,784
11,919
7,108

9,335
7,263
11, 681
6,880

9,413
7,630
11, 625
7,010

9,218
7,269
11, 781
7,362

9,596
7,340
12, 435
7,439

9,413
7,788
12, 815
7,696

5,053
4,986
4,148

5,752
5,564
4,336

4,961
5,117
4,178

6,183
5,682
4,664

5,615
5,907
4,372

5,668
5,950
4,090

5,890
5,405
4,574

5,861
5,732
4,637

5,619
5,832
4,424

5,316
5,162
4,576

6,031
5,185
5,322

6,207
6,552
5,185

4,733
10, 608

5,948
12, 067

6,636
13, 187

8,072
12, 954

9,434
11, 423

10, 025
9,635

10, 571
7,680

9,805
6, 832

9,502
6,601

6,572
7,755

4,905
9,150

3,918
10, 381

444
566

479
517

388
502

485
550

448
566

399
566

466
577

441
608

450
605

446
611

477
658

460
661

4,624

6,157

3,951

5,499

5,757

5,800

6,166

5,724

6,161

4,011

2,227

958
902
2,765
112
83, 527

1,199
1,230
3,728
120
98, 828

679
829
2,443
64
52, 267

895
1,189
3,415
78
77, 295

982
1,110
3,664
95
84, 895

974
1,201
3,625
101
85, 332

1,117
1,419
3,630
117
84, 120

1,033
1,464
3,227
125
78,237

1,145
1,543
3,473
148
85, 158

758
927
2,326
124
69, 463

3,166
2, 815
5,767

3,299
3,136
5,929

3,094
3,001
6,030

788, 644
772, 217
514, 999

a

1, 194

r

r

3, 895

2.225

2. 2195

4,142

406
916
'817
515
949
'872
1,306 ' 2, 205 2,277
68
103
92
51, 520 ' 78, 270
79, 454

PULP, PAPER, AND PRINTING
PULPWOOD AND WASTE PAPER
Pulpwood:
Receipts
Consumption
Stocks end of month
Waste paper:
Receipts
Consumption
Stocks end of month

3,619
3,098
5,418

' 2, 840
' 2, 638
' 6, 229

3,255
3,137
6,409

3,139
2,826
6,723

699, 647
720, 736
519, 590

677, 788
679, 958
517, 075

1, 856. 5 ' 1, 672. 6 1, 904. 6
'72.7
82.5
81.7
1, 032. 0 ' 920. 0 1, 061. 0
215.9 ' 200. 8 226.9
255.4 ' 231. 5 262 6
89.4
90.1
'78.0
182.1
169.4
181.5

1, 708. 8
83.6
915.8
207.5
244 0
90.1
167.8

thous. of cords (128 cu. ft.)
do
do

3,076
2,924
5,165

3,147
3,106
5,203

2,707
3,010
4,899

2,838
3,147
4,586

2,989
3,012
4,567

3,161
2,826
4,894

— short tons
do
do

755, 915
763, 252
445, 456

811, 788
811, 383
446, 947

775, 057
755, 298
467, 945

800, 360
787, 483
482,817

752, 916
756, 640
480, 174

650, 110
617, 505
514, 619

756, 614 691, 112
770, 437 691,688
498, 997 503,018

1, 913. 0
93.5
1, 031. 1
225.1
261.5
108.8
193.1

1, 859. 5
65.8
1, 016. 1
246.2
246.0
102.0
183.4

1, 954. 4
87.8
1, 069. 2
229.1
268.0
106.3
194.0

1, 863. 9
79.5
1, 026. 8
219.1
256.4
102.1
180.2

1, 723. 4
58.3
950.2
218.0
244.7
94.7
157.5

1, 908. 3
78.0
1, 056. 9
223.9
264.5
106.6
178.3

777.0
169.2
502.4
105.4

780.8
181.6
493.3
105.8

797.6
190.5
504.9
102.2

813.2
200.4
518.2
100.6

849.0
200.3
548.6
100.0

872.9
200.5
577.5
102.1

885.4
196.4
584.2
104.9

909.0
199 4
603.4
106.3

934.4
219.5
610.6
104.3

' 912. 0
' 189. 5
' 617. 1
105 4

884.0
208.8
575.3
100.0

871.7
206 6
564.5
100 6

'50.8
'16.7
34.1

42.9
18.8
24.1

46.2
22.9
23.3

46.3
20.2
26.1

'39.3
18.2
21.2

50.2
17.4
32.8

37.5
'12.5
'25.0

41.6
' 13. 6
'28.0

47 4
10.4
37.0

49.7
16.4
33.3

48.2
14.5
33.7

37 9
17.2
20.7

WOOD PULP
Production: c?
1, 813. 6
Total all grades
_
thous. of short tons
88.4
Dissolving and special alpha
__do_ _,.
989.2
Sulfate
- do _
222.7
Sulfite
_ _ _
_ _
do
240.8
Groundwood
do
Defibrated or exploded
_ do
97.3
Soda semichem., screenings, damaged, etc do
175.3
Stocks, end of month :cf
785.9
Total, all mills _ _
do __
165.2
Pulp mills
do
520.5
Paper and board mills
do _
100.2
Nonpaper mills
do
Exports, all grades, total 9 Dissolving and special alpha
All other

do
do
do

47.2
15.9
31.3

1, 728. 7 1,940 7
76.6
79.9
950.7 1, 071. 5
197.8
238. 0
262 8
243.3
95.4
100. 3
164.9
188 2

726, 934 '652,625
718, 128 '637,049
523, 759 ' 541, 058

211.3
201.6
'212.2
213.1
183.7
171.9
211.9
191.1
168.7
177.1
175.2
190 4
Imports all grades total 9
do
17.9
12.0
17.9
19.4
11.0
11.0
13.8
18.9
14.8
12.2
10.1
13.3
Dissolving and special alpha- _ _ _ _ _ _ do
166.2
183.7 ' 198. 4 199.3
172.7
194.0
149.4
203.0
152.9
176.3
177.1
162.9
All other
do
r
Revised.
*> Preliminary.
* Effective August 1956, for "solvent refined" instead of "conventional"; August 1956 price on former basis was unchanged from July 1956.
2
Average for 54 representative cities throughout the United States; essentially comparable with data through May 1956.
9 Revisions for petroleum products (domestic demand, gasoline production, and natural gas liquids used in blends) for 1954, and 1955, and wood pulp (exports and imports) for January
1954-July 1955 will be published later.
*New series. Prior to 1954, included with data for gasoline, kerosene, and distillate fuel oil; for January-July 1954 figures, see note "1M on p. S-35 of the September 1955 SUEVEY and earlier
issues.
GAsphalt—5.5 bbl.=l short ton; wax—1 bbl.=2801b.
^Effective with the October 1955 SURVEY, data as compiled by the Bureau of the Census have been substituted for those from the United States Pulp Producers Association.
aRe vised January 1956 figure is 2,162,000 barrels.




SURVEY OF CURRENT BUSINESS

April 1957
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

S-37

1956
February

March

May

April

June

1957

July

August

Septem- October Novem- December
ber
ber

February

January

March

PULP, PAPER, AND PRINTING—Continued
PAPER AND PAPER PRODUCTS
All paper and board mills, production:!
Paper and board total
thous. of short tons
Paper
do
Paperboard
do _
Wet-machine board
do
Construction paper and board
-do

2,598
1,132
1,198

2 643
1,163
1 200

2 761
1,206
1 252

12
256

12
268

13
290

13
267

13
277

442.4

431.5

489.8

130. 10

2 130. 10

2 130. 10

2

1, 303. 0
547.0
1, 291. 1

1, 210. 7 1, 282. 4
557.9
535.0
1, 184. 8 1, 289. 5

100

98

97

130. 10

r
2

1, 120. 9
418 2
1, 233. 5

i 805. 0
i 850 2
977 0
i 833. 2
i 410 8

'•2 358
1,091
••1,071

2 591
1,174
1 179

2 746
1,227
1 248

12
243

i 827. 2 i 863. 8
i 914. 9 1 863 9
938.2 1 060 9
i 794. 1 i 914. 5
i 397. 7 * 408 0

464.7
2

2 466
1,108
1 103

13
273

10
250

Paper, excl. building paper, newsprint, and paperboard
(American Paper and Pulp Association):
Orders, new
- _ -thous. of short tons.. 11 885. 9 11 982. 1 11 890. 5 11 910. 1 i 854. 3
891. 8
929. 5
957. 7 i 904. 0
952. 8
Orders unfilled end of month
_ do __
9 1 035 2 1 057 5 1, 029 4
1,011.0 1,066
Production
_do__
i 857. 9 11 914. 0 1 878. 4 1 908. 8 i 891. 5
Shipments
_
do
397. 5 1 401. 7 1 401 6 1399 0
Stocks end of month
__do__ _ 1 401. 8
Fine paper:
126.1
129.9
137.8
149.8
144.8
Orders new
do
116.9
143 1
Orders unfilled end of month
_ _- _.do__ _
143 7
131 9
133 5
144.5
125.3
136.4
141.3
135.6
Production
do
127.4
141.4
Shipments
_
do __
136.1
144.0
142 2
93.2
96 2
98 8
99 8
Stocks end of month
do
100 2
Printing paper:
362.9
362 5
371.9
372 7
407.0
Orders new
- do_ _
492.4
531 1
545 5
548 5
519 7
Orders unfilled end of month
do
348.5
348.8
357 0
366.8
368 0
Production
-- -- do
348.9
344.3
368.2
365.8
357.8
Shipments
do
159.5
160.5
Stocks end of month
-- -- -do
160.0
159.1
159.8
Price, wholesale, book paper, "A" grade, English
15.05
15.05
15.05
finish, white f o. b. mill
dol.per 100 lb_. 15.05
15.27
Coarse paper:
342.2
324.5
338.0
365.7
309.7
Orders, new
thous. of short tons. _
222 1
229.2
213 3
215 8
181 9
Orders unfilled end of month
do
334.9
345. 6
343.6
334.1
336 1
Production
- -- --do
331.8
342.4
346.7
334.3
332.7
Shipments
do
89.5
97.8
89.2
91.2
90.9
Stocks end of month
do
Newsprint:
Canada (incl. Newfoundland):
514.7
550.5
552.9
518.4
536.4
Production
do
534.8
501.6
551 8
508.4
Shipments from mills
do
544 5
114.1
132.2
142.2
132 9
141 0
Stocks at mills end of month
do
United States:
397.8
461.8
446.1
464.1
Consumption by publishers
__do__ _
422 4
130.5
149.0
149.0
138.3
141.9
Production!
do
132.0
147.3
149.6
136.3
144 4
Shipments from mills t
-do
Stocks, end of month:
7.4
5.8
8.9
9.4
At mills
do
6.4
366.1
366.3
348.7
342.3
376 1
At publishers
do
107.2
98.5
103.9
93.8
In transit to publishers
_ do
112.2
430.2
Importscf
--do
Price, rolls, contract, delivered to principal ports
dol. per short ton__ 130. 25
Paperboard (National Paperboard Association):
Orders new
thous. of short tons.. 1, 155. 3
584.2
Orders unfilled end of month
__do
1, 209. 1
Production, total
do
100
Percent of activity
Paper products:
Shipping containers, corrugated and solid fiber,
7,758
shipments§
mil. sq. ft. surface area__
Folding paper boxes, index of value:
189.4
New orders
1947-49=100..
189.0
Shipments
- -do

2 724
1,205
1 231

2 371
1,068
1 043

2 655
1,165
1 210

2 761
1,198
1 274

12

14
223

13
257

2 672
1, 217
1 211

125 7
134 8
136.7
139 6
94 8

116 4
126 8
130.8
135 5
96 3

121.4
104 3
141.7
137 1
96 4

120.2
99 3
134.3
130 3
100 4

354 1
536 4
331.2
330.9
159.4

347 9
502 3
370 8
369.8
160 4

333 8
506 4
341 3
338.4
163 3

357 0
485 0
375 4
378.1
160 6

322 8
430 6
364 8
364. 6
r
160 8

r

1
865. 0
1
693 0
11 052 0
880.
0
1
446 0

109. 8
87 2
127. 3
125. 4
102 3

120 0
70 0
136 0
138 0
107 0

T
r
r
r

12
225

13
231

••184

i1 871. 1 1i 815. 5 •• J1785. 6
804. 7
702. 7
738. 2
1
082 7 *•! 034 6 r JT 960 5
T l
822. 0
i 873 7
912. 1
1429 8 r 1 421. 4
*409 0

119.1
143.8
118.5
119.2
96 1

2 431
1,104
1 089

r

332 6
r 406 1
r

344 5
»• 342. 3
r
163 1

360
424
362
353
172

0
o
0
0
0
p 15. 38

15.38

15.38

15.38

15.38

15.38

15.38

15 38

300.4
181 4
295 0
293.5
88.3

335.7
179 6
344 3
344.1
99 1

301.6
169 5
307 0
303.4
94.5

333.2
168 4
333 2
335. 2
92 5

319.1
160 1
••330 6
322.4
r
100 8

' 290. 5
298 3
301. 6
97 3

332.0
156 0
342 0
332 0
108 0

532 5
543 i
122 2

570 4
559 3
133 3

514 0
528 7
118 5

582 1
578 4
122 2

559 5
543 5
138 2

514 2
552 4
100 1

558 6
513 6
145 0

518 9
510 9
153 1

388 8
138 5
137 3

402 5
154 3
153 5

434 9
140.6
141 1

476 9
154.0
153 4

467 7
142 5
142 4

443 6
139 2
137 7

407 6
157 7
158 9

387 2
150 7
151 6

7 7
449 8
102.5

8 5
518 5
114.0

80
513 0
111.8

87
516 4
114.8

88
510 0
112 3

10 2
523 5
112 2

89
551 1
113 1

80
591 7
119.6

1, 076. 5
464 5
992.3

98

77

425.2

485.4

480. 5

130 10

2

130 10

1 176 4
418 0
1, 232. 8

2

130 10

1, 077. 6
410 2
1, 073. 1

95

89

507.0
2

96

r
r

r

464.2

487 3
2

130 10

1,312.4
490 5
1, 256. 5

r 163 3

2

130 10

130 10

1 136 4 1 135 6
419 4
407 8
1 174 1 1,101 2

91

85

447.4
2 130 10 p2130 10
1 153 2
471 7
1 125 7

91

1 088 6 1 208 4
454 3
408 3
1 094 6 1 221 0

94

94

8,686

7,979

8,287

8,315

7,196

8,950

8,124

9,234

8,311

7,240

7 947

7,365

8 227

232.0
186.1

206.8
166.4

197.8
185.5

202.8
180.0

190.2
171.4

202.8
192.0

191.5
181.3

233.1
206.9

176.9
193 4

194.6
181 3

193.6
173 7

195.1
172 0

207.7
186.7

1,334
1,066

1,125

982
798
184

956
773
183

1,053

749
569
180

988
733
255

1 417
1 166

1 308
1 135

1 058

489
367
122

1 065

1 104

•• 44 095
98 069
r
42, 999

»• 52 082
94 508
r
52, 387

r 42 859
106 316
49, 757

.325

.321

.345

.365

»\333

90 602
88 158
r
69, 076 r 81 866
200, 793 197, 788
12 600
8 954

83 514
r
71 397
199, 334
6 726

93 764
r
72 260
202, 596
19 350

r 94 277
r 85 490
r
193, 724
17 319

PRINTING
Book publication, total
New editions

number of editions. _
do

851
615
236

912
213

268

814
239

251

856
202

173

825
240

856
248

RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
_
_ _ _ _ long tons
Stocks, end of month
do
Imports, including latex and guayule.-do
Price, wholesale, smoked sheets (New York)
dol. per lb__
Synthetic rubber:
Production
long tons
Consumption
__
do
Stocks, end of month
do
Exports
do

.373

.345

.323

.304

.308

.335

.365

90, 488
3 r 75,082
145, 906
12, 958

94, 389
r
77, 715
150, 995
13, 670

91 602
' 74, 479
155, 410
13, 261

93 740
r
76, 168
162, 682
14, 226

85 296
r 67, 626
171,
196
T
13 091

88 031
r
58, 046
188, 813
12 197

86 468
r
72, 394
192, 486
12 911

Reclaimed rubber:
Production
Consumption
Stocks, end of month

27, 108
3 r 25, 524
31, 875

do
do
..do

3 r 50, 199

111, 832
* '53, 844

r

49, 953 r 47, 369 f 48, 272
109, 974 r109, 822 r107, 324
51, 723 39, 804
53, 197

r

28 468
26, 128
33, 326

25 485
23, 517
34, 863

*• 43, 568
101 748
36, 694

22 103
20 523
35, 647

f 38, 287 «• 46 614
103 301
99 668
41, 404 40, 367

r

r

45 130 T 52 631
116 469 r!01 758
57, 653
46 349

46 747
100 233

.311
83
77
185,
16

.315

234
943
501
878

20 009
20 548 r 25 053
21 833
20 793 r 20 698 r 24 053
22 853
36! 063
34. 969 ' 34. 552 3l! 895
' Revised.
v Preliminary.
i Beginning January 1956, data exclude estimates for "tissue paper."
2 Not entirely comparable with data through February 1956; March 1956 price
comparable with earlier prices is $130.25
« Revisions for January 1956 for consumption of natural, synthetic, and reclaimed rubber, respectively (long tons): 53,660; 78,285; 25,780.
4 Revisions are as follows (long tons): 1955—April, 61,213; June, 52,964; August, 59,971; 1956—January, 59,398.
t Effective with the October 1955 SURVEY, items have been revised as follows: Construction paper (formerly included in the total for paper) is now combined with construction board;
wet-machine board was formerly included with paperboard.
^Revisions for January-December 1954 appear in the March 1956 SURVEY.
cf Revisions are as follows (units as above): October 1954, 417.8; May 1955, 447.9; June 1955, 449.8; October 1955: 453.7.
§Revisions for January 1953-March 1955 will be shown later.




r

r

26 848
23 955
34, 360

r

T

r

19 776
18 065
35, 703

21 593
r 21 458
35, 512

r

22 368
20 205
36, 527

26 293
r 23 901
37. 904

r

SUKVEY OF CURRENT BUSINESS

S-38
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

April 1957

1956

February

March

April

May

June

July

1957

DecemOctober NovemAugust September
ber
ber

January

February

March

RUBBER AND RUBBER PRODUCTS—Continued
TIRES AND TUBES
Pneumatic casings:d"
Production
.. ._ - _.

thousands

8,897

9,193

8,834

8,986

7,930

6,741

8,050

7,800

8,799

7,641

8,556

9,504

9,169

do
do
do
do _

7 473
'3,343
3 952
178

8 627
3,466
5 034
127

9 119
3,217
5 761
141

8; 880
2,770
5 980
130

9,289
2,533
6,627
129

9 298
2,833
6,319
145

8,644
2,302
6,178
163

6,952
1,553
5,238
162

7 776
2,908
4,703
165

7,518
3,516
3,881
121

7,548
3,579
3,803
166

' 8, 874
3,496
' 5, 195
183

8,539
3,363
5,049
127

20 933
142

21 562
106

21 132
165

21, 296
141

19, 947
154

17, 394
137

16, 794
207

17, 648
161

18, 775
169

18, 803
148

19, 872
163

20, 490
144

21, 008
144

do _
do

2,969
2,921

3,347
2,962

3,094
2,797

3,093
2,878

2,837
3,370

2,300
3,384

2,795
3,295

2,773
2,777

3,025
2,877

2,585
2,792

2,670
2,837

3,364
3,829

3,362
3,291

do _
do

6,547
142

6,848
!39

7,312
M7

7,657
138

7,349
141

6,418
84

5,962
76

6,056
96

6,469
73

6,250
53

6,109
76

5,789
32

5,960
78

Shipments total
Original equipment
- _Replacement equipment
Export
- - . -- Stocks end of month
Exports
Inner tubes :cf
Production
Shipments

do
- do

-

-. -

Stocks end of month
Exports

_ _ _ _

_

STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
Production
Percent of capacity
Shipments
Stocks, end of month:
Finished
_ _
Clinker

thous of bbl
thous of bbl
_ _

_

do
do

19 578
78
16 093

23 386
87
22 471

26 134
100
27 324

29 606
110
32 087

28 771
110
32 296

29, 498
109
31 598

30, 055
111
33 607

28, 643
109
30 173

29, 051
107
31 585

25, 869
98
22 906

24, 429
90
17 990

19, 308
71
11 930

28, 939
13, 873

29, 868
16, 151

28, 679
15, 951

26, 204
14, 222

22,685
12, 537

20, 598
11,059

17, 068
9,264

15, 532
7,969

13, 007
6,874

15, 973 •• 22, 441
9,326
7,476

29, 819
14, 171

536 072
455 350

611 058
541 423

627 494
624 747

671 629
661 456

646 423
632 217

648 127
618, 630

685 128
641, 400

603 572
571, 237

646 609
600 790

586 713
516 852

491, 766
397, 230

437 692
314 030

30.281

30. 398

30. 470

30. 565

30.946

30. 946

30. 668

30.668

30. 718

30. 718

30. 863

30. 863

157, 162
155, 027

173, 193
159, 463

117, 225
127, 755

126, 753
137, 290

164, 378
183, 461

168, 228
178, 007

190, 528
187, 421

173, 770
169, 118

192, 139
186, 756

180, 184
143, 149

163, 739
109, 313

166, 580
107, 907

63, 373
51, 331

68 058
54, 655

65,901
58, 666

64 762
61, 273

60,162
59. 471

65, 113
56,753

69,260
63, 405

64, 598
55, 507

64,079
60, 910

63 917
52, 006

55, 497
46, 069

54, 447
46, 451

10, 411 ' 11, 657

CLAY PRODUCTS
Brick, unglazed:
Production
thous of standard brick
Shipments
do
Price, wholesale, common, composite, f. o. b. plant
dol per thous
Clay sewer pipe, vitrified:
Production
Shipments
__
Structural tile, unglazed:
Production
Shipments

_

_

short tons
do
_

do
_ do

J> 30.817

GLASS PRODUCTS
Glass containers:
Production

11,128

11, 865

11, 985

12, 393

12, 606

12,203

13, 290

10, 032

13, 435

11, 934

Shipments domestic total
do
General-use food:
Narrow -neck food
do
Wide-mouth food (incl. packers' tumblers, jelly
glasses, and fruit jars)
thous of gross

9 952

11 956

10 590

11 887

11 971

11 150

15 759

10, 331

14, 515

10 009

9,575

993

1 025

1,019

1 155

1,254

1,246

2 236

1,890

1,708

853

770

2,663

2,843

2,798

3,496

3,340

3,236

5,138

2,893

4,154

3,083

2,744

Beverage
_
. . d o
Beer bottles
do
Liquor and wine. _
_.
do
Medicinal and toilet
do
Chemical, household and industrial
do
Dairy products
_ _. _ _
do

838
660
1,085
2,640
886
187

1,656
940
1,347
2,932
1,010
203

808
984
1,222
2,608
963
188

936
1,183
1,162
2,787
986
182

1,274
1,279
1,139
2,535
948
202

1,001
1,170
924
2,393
982
198

683
1,262
1,342
3,483
1,312
303

395
604
1,172
2,309
834
234

993
847
1,874
3,476
1,157
306

510
528
1,530
2,469
825
211

721
667
1,095
2,584
793
201

14,882

14, 516

15, 549

15, 673

15, 917

16, 518

13,685

13, 162

11, 741

13, 384

13, 924

thous. of gross

Stocks, end of month

do

r

10, 022
r

11,057
9 697

948

892

«• 2, 997

2 830

484
577

515
508

'963
' 2, 902
T
967

1,061
2 791

184

942
158

14, 976

16 107

GYPSUM AND PRODUCTS
Crude gypsum, quarterly total:
Imports
thous. of short tons
Production
. ._
do

804
2,591

1,305
2,846

1,224
2,569

1 013
2,307

Calcined, production, quarterly total

2,208

2,367

2,110

1,861

do

Gypsum products sold or used, quarterly total:
Uncalcined uses „
__
__shorttons _
Industrial uses
. _ __ _
Building uses:
Plasters:
Base-coat
All other (incl. Keene's cement)
Lath
Wallboard
All other O
r

700, 029

819, 437

911, 118

926, 693

do

84, 574

88,369

77,685

83 481

do
do

354, 421
271, 691

428, 129
356, 196

433, 807
381, 095

350 230
319 816

719.2
1, 286. 0
53.5

796.5
1, 227. 0
69.4

mil. of sq.ft..
do
do

---

-

601.6
1, 068. 1
55.8

-

--

530.0
1, 007. 8
47.2

Revised.
*> Preliminary.
1 Data for January-June 1956 exclude exports of passenger-car inner tubes; such exports averaged 27,000 per month in 1955.
cfData for 1954 for production, shipments, and stocks have been revised. Unpublished revisions (for January-May) are available upon request.
O Comprises sheathing, formboard, tile, and laminated board.
NOTE FOR MANMADE FIBERS AND MANUFACTURES, p. S-39— Fiber production (representing complete industry coverage) is according to data compiled by Textile Economics Bureau, Inc.; the total includes production of textile glass fiber, not shown separately. Noncellulosic fibers cover types other than textile glass; they include acrylic, nylon (polyamide),
polyester, saran, protein, and others.
Data for imports, exports, and for production of broad woven fabrics (industry totals) are compiled by 17. S. Department of Commerce, Bureau of the Census. Manmade fabric production
comprises, in addition to items shown separately, broad woven fabrics of 100-percent glass, of saran mono filament, acrylic, and polyester fibers, and of paper, etc. Silk fabric production comprises broad woven fabrics of 100-percent silk and of silk mixtures.
Statistics for 1955 are shown in the October 1956 SURVEY, p. S-38.




SURVEY OF CUEEENT BUSINESS

April 1957
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

S-39

1956
February

March

April

May

June

July

1957

DecemAugust Septem- October November
ber

January

February

March

TEXTILE PRODUCTS
APPAREL
Hosiery shipments
thous. of dozen pairs ••13,443
Men's apparel, cuttings:^
Tailored garments;
1,860
Suits - thous. of units
288
Overcoats and topcoats
do 5,664
Trousers (separate), dress and sport
do._
Shirts (woven fabrics), dress and sport
2,060
thous. of doz..
Work clothing:
380
Dungarees and waistband overalls
do
416
Shirts -- _do._
Women's, misses', juniors' outerwear, cuttings:
2,521
Coats
thous of units
24, 189
Dresses
_ . _ _do _
1,663
Suits
do
1,115
Waists, blouses, and shirts.
thous. of doz. _

12, 713

10,828

11, 094

11, 895

10,024

12, 996

12,496

14,189

14,006

10, 815

12, 126

11, 628

12,285
1410
i 5, 940

1,796
452
5,328

1,804
540
5,328

1 1, 925
1570
i 5, 760

984
308
3,792

1,860
540
4,992

1 1, 935
1550
i 5, 040

1,816
444
4,800

i 2, 090
1350
i 4, 500

1,688
260
4,224

2,068
248
5,520

1,820
244
5,136

12,285

1,812

1,836

1 1, 775

1,280

1,852

i 1, 905

1,948

i 1, 950

1,600

2,020

1,884

1345
1450

328
408

308
408

1290
1405

208
280

292
388

1240
1345

244
364

1200
1305

168
228

••248
288

256
308

2,527
26, 203
1,165
1,167

1,264
26,001
599
1,004

1,323
25, 229
556
1,016

2,054
21, 236
864
983

2,398
16, 828
1,107
1,033

2,948
20,807
1,150
1,318

2, 527
17, 044
813
983

2,998
21, 543
913
1,366

2,236
20, 147
1,101
1,108

1,631
17, 306
917
846

2,317
21, 277
1,347
1,194

2,391
21, 709
1,411
1,246

410

1,513

5,535

9,709

COTTON
Cotton (exclusive of linters) :
Production:
GinningsS
thous of running bales
Crop estimate, equivalent 500-lb. bales
thous. of bales..
Consumption^
bales
Stocks in the United States, end of month,
total!
thous of bales
Domestic cotton, total
...do .
On farms and in transit
_
do
Public storage and compresses
do
Consuming establishments -- do..
Foreign cotton, total
do
Exports!
- bales..
ImportsJ
do
Prices (farm), American upland
cents per Ib _
Prices, wholesale, middling, 1", average 14 marketsA
..
cents per lb__
Cotton linters:
Consumption
thous. of bales
Production
.. do
S tocks end of month
_ do

* 14, 542
< 14, 721
760, 017 1 916,176

722, 551

18, 102
*• 19, 296
*• r19, 236
18, 046
910
1, 017
r 16, 501
15, 439
' 1, 717 1,697
56
••60
99, 392 ••294,006
18, 131
8,618
31.0
31.6

15, 981
17, 029
15, 940
16, 983
652
762
13, 895
14, 664
1,393
1,557
41
46
361, 939 ••344,340
5,907
6,071
32.0
32.5

713, 289 i 809,814

12,385 2 12, 789

547, 480

686, 275 1 822, 180 732, 319 1880,549

14, 975
14,936
609
13,203
1,124
38
237, 722
4,452
32.3

14, 540
14, 501
791
12, 835
875
39
134, 625
1,987
32.4

26, 256
26, 222
13, 146
12,303
773
34
423, 297
3,555
31.1

24, 983
24, 954
9,804
14, 272
878
29
505,019
22, 278
32.5

23,602 22,224
23, 569
22, 193
6,269
3,845
16, 169
16, 935
1,131
1,413
33
31
596, 685 ••537,181
1,514
844
31.9
31.9

631, 507

3

5 13, 150

13,098

1

840, 567 684,366

20, 909
20, 878
2,890
16, 442
1,547
30
939, 080
10, 341
31.0

18, 768
18, 734
1,911
15, 204
1,619
35
790, 636
13, 285
30.2

17, 390
17, 345
1,638
14,031
1,676
45

« 13, 309

30.2

29.8

36.2

36.5

36.4

36.4

36.4

35.3

33.0

33.1

33.2

33.2

33.2

33.4

33.8

33. 8

153
187
' 1, 499

152
149
1,459

153
111
1,371

157
76
1,260

138
44
1,095

134
36
999

155
53
855

130
157
872

155
216
935

129
202
969

127
171
979

128
187
991

113
152
1,000

45, 106
21, 371

2,734
51,124
17, 739

45, 535
18, 734

42, 507
18, 944

2,621
40, 429
15,508

29, 189
13, 615

37, 625
13, 884

' 2, 357
39, 912
10, 552

45, 778
11,903

43, 800
10, 404

2,536
47, 289
11, 227

46,058
11, 430

30.68
36.4
18.0
18.3

29.88
36.4
17.0
18.3

29.59
36.4
16.4
18.0

29.25
36.4
16.1
18.0

28.54
36.4
16.0
17.8

28.92
36.4
15.9
17.4

30.18
36.4
15.8
17.0

29.68
36.4
15.7
16.8

30.75
36.4
16.3
17.3

30.37
36.4
16.1
17.3

29.80
36.4
15.9
17.3

29.19
36.4
15.9
17.0

28.31
*36.4
*15.8
»17.0

.713
1. 000

.713
.998

.708
.992

.698
.976

.693
.965

.686
.958

.684
.958

.680
.953

.691
.971

.691
.971

.687
.963

•-.684
.959

». 677
*.952

Spindle activity (cotton system spindles) :1
Active spindles, last working day, total
.thous.. ••20,984 20,888
19,428 19, 350
Consuming 100 percent cotton
do
Spindle hours operated, all fibers, total. ..mil. of hr._ «• 10, 355 1 12, 562
503
••518
Average per working day
do
9,633 1 11, 740
Consuming 100 percent cotton
do
147.2 1 142. 8

20,827
19, 290
9,991
500
9,324
142.2

20, 492
20, 796
18, 954
19, 276
9,793 1 11, 459
490
458
9,128 1 10, 664
139.6 i 130. 6

20, 552
19,022
7,713
386
7,128
110.1

20, 308
20, 465
18, 780
18, 912
9,544 1 11, 436
477
457
8,849 1 10, 678
137.4 1 131. 8

439.3
216 2
110.3
90.4
61,615
61,048
96
8,478

61,546
6967
84
7,467

6 1, 569
6 1, 197
660
••7,632

397.6
183.3
97.8
94.0
6 1, 727
6 1, 392
329
6,926

1,456
1,483
90
6,636

1,614
1,969
••75
«• 5, 937

384.6
166.2
87.5
106.3
1,566
1,710
101
6,269

1,599
2,602
196
6,826

1,264
1,360
103
5,745

423.2
183. 9
102.7
109.2
1,993
3,054
122
10, 289

89.6
49.5
40.1

102.5
55.0
47.5

110. 6
61.0
49.6

118.9
64.0
54.9

123.3
67.5
55.8

120.8
67.0
53.8

115.8
63.7
52.1

109.2
61.1
48.1

106.3
62.2
44.1

107.5
62.2
45.3

104.6
58.2
46.4

105.6
59.2
46.4

.863
.316

.863
.316

.863
.316

.863
.316

.863
.316

.863
.316

.863
.316

.863
.316

.863
.316

.880
.316

.910
.316

i>.910
.316

17,834

557, 080
409, 468
70, 418
17, 696

13, 404

556, 519
381, 270
74, 645
17, 478

13, 836

11,896

COTTON MANUFACTURES
Cotton cloth:
Cotton broad-woven goods over 12 inches in width,
production, quarterly^..
mil. of linear yd..
Exports
- thous. of sq. yd
Imports!
do
Prices, wholesale:
Mill margins
- - cents per lb._
Denim white back 28-inch, 8 oz/yd cents per yd
Print cloth 39-inch, 68x72
.
.
.do
Sheeting class B 40-inch, 48 x 44-48
do
Cotton yarn, natural stock, on cones or tubes:
Prices, wholesale, f. o. b. mill:
20/2 carded weaving
dol per Ib
36/2 combed knitting
-do

20, 343 20, 289
18, 839
18, 786
9,847 1 11, 952
492
478
9,162 1 11, 145

r

20, 231
20, 237
18, 786 18, 725
8,681 ••111,599
••464
434
8,062 1 10, 790

43 196

28.01

20,161
18, 639
9,411
471
8,749

MANMADE FIBERS AND MANUFACTURES
Fiber production, quarterly total* 9

mil. of lb_.

Noncellulosic (nylon acrylic protein etc )
do
• 1, 817
Exports* Yarns and mono filaments* thous oflb
• 1, 472
Staple tow and tops*
do
101
Imports* Yarns and monofilaments*
do
8 11, 042
Staple tow and tops*
do
Kayon and acetate:
82.3
Stocks, producers', end of month, totaL.mil. of lb__
46.1
Filament yarn
do
36.2
Staple (incl tow)
.do
Prices, rayon, viscose:
.863
Yarn filament 150 denier
dol per Ib
.326
Staple 1 5 denier
do
Manmade broad woven fabrics:
Production ouarterlv total* Q thous of linear yd
Exports, piece goods*

thous. of sq. yd..
SILK

16, 543

624, 119
457, 996
84, 398
19, 535

16,335

12,633

••491,489
••353,882
r 61, 237
15,385
15,522

16, 136

769.8
737.7
1,473
3,450
86
9,485

761.3
?31.9
2,021 1,871

-

954
1,188
874
1,059
1,129
1,123
1,180
778
489
1,193
1,046 ••1,106
Imports, raw
thous. of lb_
4.41
4.44
4.53
4.53
4.57
4.49
4.63
M.57
4.54
4.65
4.45
4.36
4.36
Price raw AA 20~22 denier
dol per Ib
9,017
8,359
8,490
9,451
Production, fabric, atrlv. total*. __ "thous. of linear yd_.
r
2
4
6
Revised.
» Preliminary.
i Data cover a 5-week period.
Ginnings to December 13.
3 Qinnings to January 16.
Total ginnings of 1955 crop.
Total ginnings of 1956 crop.
6
Data for January-June 1956 exclude certain exports which are included for other periods: (Yarns) excludes thread and handwork yarns which averaged 24,000 Ibs. per month in 1955; (staple,
etc.) excludes sliver, tops, and roving which averaged 33,000 Ibs. per month in 1955.
7 Production for month shown.
8 Revision for January 1956, 8,975,000 Ibs.
IData for March, June, September, and November 1956 and January 1957 cover 5-week periods (except data for men's apparel cuttings for January 1957 which cover 4 weeks) and for other
months, 4 weeks; cotton stocks and number of active spindles are for end of period covered.
§Total ginnings to end of month indicated, except as noted.
{Scattered revisions for 19541955 will be shown later.
AEffective August 1,1956, middling 1" became the base quality for spot cotton quotations, replacing middling 1 Mc // . Comparable prices for I", back to August 1951, are available upon
request.
cf The operation rate is calculated on a 5-day, 80-hour week without any adjustment for holidays. Current data are withheld pending a revision of the series.
*New series. See descriptive note at bottom of p. S-38 for sources; data for 1955 are shown in the October 1956 SURVEY, p. S-38.
9 Includes data not shown separately.




SURVEY OF CUEEENT BUSINESS

S-40
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

April 1957

1956

February

March

April

June

May

1957

DecemAugust SeptemOctober November
ber
ber

July

January

February

March

TEXTILE PRODUCTS—Continued
WOOL AND MANUFACTURES
Wool consumption, mill (clean basis) :J
Apparel class
thous. of Ib ' 25, 479 i 29, 423 25, 018
12, 110
' 13, 406 i 14, 452
Carpet class __ _ _ _ _
do
' 29, 949 28, 966 * 23, 267
Wool imports, clean content __ __ do
14, 310
Apparel class (dutiable), clean content
do
12, 767
11, 244
Wool prices, wholesale, raw, clean basis, Boston:
1.321
1.298
Territory, 64s, 70s, 80s
dol. per Ib
1.280
1.046
1.005
1.078
Bright fleece, 56s-58s_
_ _
do
1.325
1.325
1.325
Australian, 64s, 70s, good topmaking, in bond__do
Knitting yarn, worsted, 2/20s-50s/56s, Bradford system,
1.856
1.869
1.856
wholesale price
dol. per Ib
Woolen and worsted woven goods, except woven felts:
Production, quarterly, total
thous. of lin. yd._
Apparpl fabrics total
do
Other than Government orders, total
do
Men's and boys'
do

24, 674 i 28, 303
21, 558
7,150
11, 424 i 11, 800
23, 713 ' 18, 393 'r18, 893
14, 219 ' 8, 065
8, 131

112.1
97.3

112.1
97.3

20, 697 '126,531
10, 706 i 14, 863
14, 592
24,285
6,817
10, 506

22, 326
12, 796

1.295
1.039
1.375

1.312
1.045
1.412

1.341
1.045
1.425

1.381
1.069
1.425

1.475
1.131
1.425

1.525
1.168
1.450

1.625
1.195
1.525

1.625
1.195
1.525

1.625
1.188
1.575

1.856

1.856

1.869

1.880

1.891

1.963

1.997

2.045

2.117

» 2. 117

115.4
97.3

115.4
97.3

87, 894
85, 147
84, 713
42, 822
41, 891
2,747

112.1
97.3

24,423 i 25, 450
12, 787 i 11, 533
14, 417
19, 034
5,324
5,657

1.282
1.033
1.325

82, 738
79, 261
78, 465
39, 345
39, 120
3,477

Nonapparel fabrics total
do
Prices, wholesale, suiting, f. o. b. mill:
Flannel, men's and boys'
1947-49=100
Gabardine, women's and children's.—
do

24, 353 i 26, 574
12, 145 i 13, 398
19, 688
15, 209
8,034
5,360

113.2
97.3

113.2
97.3

79, 975
77, 393
76, 770
37, 753
39, 017
2,582

112.9
97.3

112.9
97.3

1.622
1.170
1,575

76, 383
73, 375
71, 935
36, 497
35,438
3,008

112.9
97.3

112.9
97.3

114.0
97.3

114.0
97.3

TRANSPORTATION EQUIPMENT
AIRCRAFT
Civil aircraft (complete), shipments
Airframe weight __ ._
Exports cf

number
thous. of Ib
number

614
1, 265. 4
117

656
1, 200.
4
r
110

692
1, 219. 6
-163

507
648
714
1, 354. 7 1, 445. 8 1,151.0
'130
150
' 159

681
1, 581. 9
148

613
1, 370. 4
143

508
1,568.6
185

472
1, 520. 7
138

563
1,413.7
137

663, 586
278
274
560, 924
536, 680
102, 384
83, 752

689, 982
434
405
583, 169
554. 761
106, 379
86, 996

654, 333
371
360
552, 881
529, 945
101, 081
82, 400

570, 486
362
304
474, 010
459, 070
96, 114
77, 593

522, 018
307
220
440, 980
429, 813
80, 731
63, 044

503, 276
429
397
417, 020
410, 164
85, 827
68,809

275, 555
368
364
203, 888
202, 159
71, 299
56, 852

445, 122
298
291
352, 140
341, 779
92, 684
77, 533

667, 187
233
186
576, 708
556, 931
90, 246
74, 870

700, 740 '719,431 '662,028 p2668,700
269
'238
p2456
228
234
257
103
617, 599 628, 045 '570,023 ^2579,100
598, 394 r610, 678 556, 930
91, 117 ' 91, 767 p289, 200
82, 913
73, 693
66, 123 r 73, 208

584
523
1, 574. 9 1, 554. 0
112
146

MOTOR VEHICLES
Factory sales, total
Coaches, total
Domestic
Passenger cars, total
Domestic
Trucks, total
Domestic

_.
__.

._

number
do
do
do
do
do
do

r

538, 052
503
471
445, 758
433, 859
91. 791
73, 463

r
41, 007 ' 50, 280 r 35, 779 ' 33, 089 r 31, 483 ' 25, 881 26, 179 ' 20, 596 ' 19, 050 ' 23, 445
13, 139
4,583
9,339 r 7,078
14, 717 ' 14, 146
19, 709
5,630
23, 631 r 30, 170
20, 110 ' 16, 170 ' 18, 372 ' 17, 337 ' 16, 542 19, 101 ' 16, 013 r 13, 420 r 10, 306
17, 376

30, 258
14, 751
15, 507

4,786
4,594
2,544
192

4,171
3,999
2,098
172

5,032
4,783
2,625
249

424 414
76 052

403, 948
66, 983

514, 061
65, 698

437, 320
56, 979

438, 725
62, 129

3,458
1,835
1,821
1,623

5,666
3,728
3,728
1,938

6,740
4,367
4,322
2,373

7,260
4,272
4,272
2 988

7,822
4,686
4,686
3,136

7,655
4,576
4,576
3,079

681
672
48
43

715
700
46
42

706
684
26
25

791
679
5
5

842
724
9
5

840
728
9
3

832
732
23
11

1,704
77
4.5
109, 051
47, 955
61, 096

1,704
74
4.4
106, 739
46, 246
60, 493

1,704
70
4.1
109, 079
49, 875
59, 204

1,703
68
4.0
111, 298
52, 470
58, 828

1,705
68
4.0
108, 327
49, 227
59, 100

1,708
68
4.0
103, 535
46 982
56 553

1,712
71
4.1
101, 611
45, 035
56, 576

1,716
72
4.2
100, 339
42, 921
57, 418

772
16.8

740
16.5

721
16.6

737
17.3

529
13.6

586
15.3

553
15.1

514
14.6

595
17.3

885

796

849

739

737

728

743

814

787

867

42

52

73

57

52

63

97

101

69

49

do
do
do

Truck trailers, production, total__ . __
Complete trailers
Vans
Trailer chassis _
_

do
do
do
do

6,424
6 207
3 815
217

6,866
6,487
3 797
379

7,155
6,802
4 165
353

7,196
6,759
3 975
437

6,979
6,538
3,725
441

5,222
4,960
2,818
262

6,018
5,668
3,273
350

4,854
4,492
2,475
362

5,478
5 122
2 93Q
356

do
do

447, 542
65, 478

545, 234
77, 220

564, 272
82, 699

560, 014
84, 997

539, 777
78, 501

534, 997
78, 404

568, 320
79, 831

421, 021
72, 420

4 995
3,266
3 264
1 729

5 995
4,372
4,332
1,623

5,967
4,152
4,128
1,815

6,723
4,549
4,493
2,174

5,607
3,318
3,261
2,289

5,370
3,143
3,117
2,227

5,525
2,944
2,783
2,581

858
837
53
53

812
784
54
54

793
764
25
25

740
720
53
44

758
737
40
36

729
715
29
22

1,697
70
4.1
122, 095
54, 391
67, 704

1,699
70
4.1
119, 698
52, 861
66, 837

1,701
70
4.1
116, 694
51, 651
65, 043

1,702
67
3.9
112, 226
49, 771
62, 455

984
18.4

925
17.8

793
16.1

859

938

85

88

Kegistrations:
New passenger cars
New commercial cars

.

r

23, 534
10,638
12, 896

43, 522
21,643
21, 879

Exports tota!0
Passenger cars _
Trucks and buses®

RAILWAY EQUIPMENT
American Railway Car Institute:
Freight cars:
Shipments, total
number
Equipment manufacturers, total _
do
Domestic
- do
Railroad shops, domestic
do
Passenger cars, equipment manufacturers:
Orders unfilled, end of month, total
do
Domestic
do
Shipments, total. _ __ __
_
do
Domestic
do

Association of American Railroads:
Freight cars (class I), end of month: §
1,696
Number ownedO
_____ _ _
thousands
76
Undergoing or awaiting classified repairs do
4.5
Percent of total owned
127.030
Orders, unfilled©
number
57, 644
Equipment manufacturers. _
do
69 386
Railroad shops
do
Locomotives (class I), end of month: O
Steam, undergoing or awaiting classified repairs
1,069
number _
19.2
Percent of total on line
Diesel-electric and electric: Orders, unfilled
897
number of power units
Exports of locomotives, total _

number .

41
2

f Revised.
*> Preliminary.
i Data cover a 5-week period.
Preliminary estimate of production.
H Data for March, June, September, and November 1956 and January 1957 cover 5-week periods; other months cover 4 weeks.
cfExports revised beginning January 1954 to include 2 types of aircraft formerly classified as "special category" and therefore excluded from the total.
® Data beginning January 1956 include exports of "used" special-purpose vehicles not included in earlier data; exports of these types averaged 26 vehicles per month in 1955. Revisions;
(number):Total—October, 1954,22,216; 1955—January,38,743; September,23,190; October,23,397; December, 38,728; trucks, etc., October 1954, 15,859; 1955—January, 17,073; September, 13,421
October, 14,542; December, 16,043.
§ Excludes railroad-owned private refrigerator cars.
©Data beginning December 1955 reflect reclassification of reporting roads to revised ICC list of class I line-haul railroads; comparability with earlier data, based on ownership, is affected by less than 1 percent.
NOTE: Beginning with the October 1956 SURVEY, figures for shipments of industrial trucks and tractors will be found on p. S-34 in the Machinery and Apparatus Section.




ff. S. GOVERNMENT PRINTING OFFICE: 1957

•INDEX TO MONTHLY BUSINESS STATISTICS, Pagc8 81-840*
Pages marked S
Acids
_
_
....
24
Advertising..
8,9
Agricultural employment
11
Agricultural loans and foreign trade. __ 16,17,21,22
Aircraft and parts
... j_ 2,12,13,14,15,40
Airline operations
23
Alcohol, denatured and ethyl.
24
Alcoholic beverages
2,6,8,27
Aluminum _ _.
33
;
Animal fats, greases, and oils
25
Anthracite
11,13,14,15,34
Apparel
2,3,6,8,9,10,12,13,14,15,39
Asphalt and asphalt products
36
Automobiles
2,3,8,9,12,13,14,15,16,17,22,40
Bakery products
2,12,13,14,15
Balance of payments
21
Banking
_
_
14,16
Barley
_
28
Barrels and drums
32
Battery shipments
34
Beef and veal
.
29
Beverages
2,6,8,12,13,14,15,27
Bituminous coal
11,13,14,15,35
Blast furnaces, steel works, etc
12,14,15
Blowers and fans
34
Bonds, issues, prices, sales, yields
17,19,20
Book publication
_._
_._
37
Brass and bronze
•_
33
Brick...
„ 38
Brokers* loans and balances
16,19
Building and construction materials
8,9,10
Building costs
8
Business incorporations, new
5
Business sales and inventories
3
Butter
27
Cans (metal), closures, crowns
_
32
Carloadings
23
Cattle and calves
_
29
Cement and concrete products
6,38
Cereals and bakery products
6,12,13,14,15
Chain-store sales (11 stores and over only)
10
Cheese
27
Chemicals
__ 2,3,4,6,12,13,14,15,19,22,24
Cigarettes and cigars
6,30
Civilian employees, Federal
12
Clay products (see also Stone, clay, etc.)
6,38
Coal
'.
3,6,11,13,14,15,22,23,34,35
Cocoa
_
_ . _ 22,29
Coffee.
22,30
Coke.__
_
23,35
Commercial and industrial failures
5
Communications
... 11,13,14,15,19,20,24
Confectionery, sales
-29
Construction:
Contracts awarded
.
7
Costs
--8
Dwelling units
7
Employment, earnings, hours, wage rates.11,
13,14,15
Highways and roads
7,8,15
New construction, dollar value
1,7
Consumer credit
16,17
Consumer durables output, index
3
Consumer expenditures
. ._1,9
Consumer price index
;_.
6
Copper
22,33
Copra and coconut oil
25
Corn
28
Cost-of-living (see Consumer price index) _——
6
Cotton, raw and manufactures,
2,5,6,22,39
Cottonseed, cake and meal, oil
25
Credit, short- and intermediate-term
16,17
Crops
2,5,26,28,30,39
Crude oil and natural gas
3,11,13,14,15
Currency in circulation
L
18
Dairy products
2,5,6,12,13,14,15,27
Debits, bank
._16
Debt, United States Government
_.
17
Department stores
9,10,11,17
Deposits, bank
16,18
Disputes, industrial
13
Distilled spirits
27
Dividend payments, rates, and yields
1,19,20
Drug-store sales
9,10
Dwelling units, new
7
Earnings, weekly and hourly
14,15
Eating and drinking places
9,10
Eggs and poultry
2,5,29
Electric power
6,26
Electrical machinery and equipment
2,
3,6,12,13,14,15,19,22,34
Employment estimates and indexes
11,12
Employment Service activities
13
Engineering construction
7,8
Expenditures, United States Government
17
Explosives
25
Exports (see also individual commodities)
21,22
Express operations
23
Failures, industrial and commercial
5
Farm income, marketings, and prices
1,2,5,6
Farm wage*
15
Fats and oils, greases
6,25 26
Federal business-type activities
17
Federal Government
finance
17
Federal Reserve banks, condition of
.
16
Federal Reserve reporting member banks
16
Fertilizers..
6,25
Fire losses
8
Fish oils and ash
.
25,30
Flaxseed.
26
Flooring..
—
31
Flour, wheat.....
_
29
Food products
2,3,4. 5,
6,8.9.10,12,13,14 15,18,22,27,28,29 ,30




Pages marked S
Foreclosures, real estate......_
8
Foreign trade indexes, shipping weight, value
by regions, countries, economic classes, and
commodity groups
_. 21,22
Foundry equipment
34
Freight carloadings
23
Freight cars (equipment)
40
Freight-car surplus and shortage
. __
23
Fruits and vegetables
5,6,22,28
Fuel oil
35
Fuels
6,34,35
Furnaces
34
Furniture
2,3,6,9,10,12,14,15,17
Furs
_.
_
22
Gas, prices, customers, sales, revenues
6,27
Gasoline
____
9,36
Glass products._._
38
Generators and motors
.
34
Glycerin
24
Gold......
_
18
Grains and products.
5,6,22,23,28,29
Grocery stores
9,10
Gross national product..
1
Gross private domestic investment
..
1
Gypsum and products
6,38
Hardware stores
9
Heating apparatus
6,34
Hides and skins
6,22,30
Highways and roads
7,8,15
Hogs
29
Home Loan banks, loans outstanding
8
Home mortgages
8
Hosiery
39
Hotels
__ 11,13,14,15,24
Hours of work per week
12,13
Housefurnishings
6,8,9,10
Household appliances and radios
3,6,9,34
Imports (see also individual commodities)
21,22
Income, personal
—
1
Income and employment tax receipts
.
17
Industrial production indexes
2,3
Installment credit
16,17
Installment sales, department stores
10
Instruments and related products..2,3,12,13,14,15
Insulating materials
..
34
Insurance, life
.
....
18
Interest and money rates
.
16
International transactions of the U. S
21,22
Inventories, manufacturers' and trade
3,4,10,11
Iron and steel, crude and manufactures
__
2,
6,8,12,14,15,19.22,32,33
Kerosene
.
Labor disputes, turnover
Labor force
Lamb and mutton
Lard.
Lead
Leather and products

35
13
11
29
29
33
2,
3,6,12,13,14,15,30,31
Linseed oil
26
Livestock.._
._
_.. 2,5,6,23,29
Loans, real estate, agricultural, bank, brokers'
(see also Consumer credit)
8,16,17,19
Locomotives
40
Lubricants
36
Lumber and products
2,
3,4,6,8,9,10,12,14,15,18,31,32
Machine activity, cotton
39
Machine tools
___
34
Machinery.
2,3,4,5,6,12,14,15,19,22,34
Magazine advertising
8
Mail-order houses, sales
11
Manmade fibers and manufactures..
6,39
Manufacturers' sales, inventories, orders
3,4, 5
Manufacturing production indexes
2,3
Manufacturing production workers, employment, payrolls, hours, wages
11,12,13,14,15
Margarine
26
Meats and meat packing
2,5,6,12,13,14,15,29
Medical and personal care
6
Metals
2,3,4,5,6,11,12,13,14,15,19,32,33
Methanol
_...-.
24
Milk
27
Minerals and mining
2,3,11,13,14,15,19,20
Monetary statistics
_.
18
Money supply
__.
18
Mortgage loans
_
8,16,18
Motor carriers
.
23
Motorfuel
_.
36
Motor vehicles
6,9,19,40
Motors, electrical.
34
National income and product.
1
National parks, visitors
24
National security
1,17
Newspaper advertising
;
8,9
Newsprint
22,37
New York Stock Exchange, selected data
19,20
Nonferrous metals
2,6,12,14,15,19,22,33
Noninstallment credit
17
Oats.....
_..
28
Oil burners.-.
___
34
Oils and fats, greases
6,25,26
Orders, new and unfilled, manufacturers*
5
Ordnance
11,12,14,15
Paint and paint materials
6,26
Panama Canal traffic
23
Paper and products and pulp
2,
3,4,6,12,13,14,15,18,36,37
Passports issued
.
24
Payrolls, indexes
_.
12
Personal consumption expenditures
1,9
Personal income. _ _ . _ _
.
1
Personal saving and disposable income
1
:__

Pages marked S
Petroleum and products
2,
3,6,12,13,14,15,19,22,35,36
Pig iron
__
_
32
Plant and equipment expenditures
2,19
Plastics and resin materials
26
Plywood
_ _ _ _ . ...
"...
32
Population
11
Pork
._
29
Postal savings
16
Poultry and eggs
2,5,29
Prices (see also individual commodities):
Consumer price index
6
Received and paid by farmers
5
Retail price indexes..
.___
6
Wholesale price indexes _ _ _ _ _'
_
6
Printing and publishing
2,3,12,13,14,15,37
Profits, corporation.
1,18,19
Public utilities
2,
6, 7,11,13,14,15,18,19,20,26,27
Pullman Company
24
Pulp and pulpwood
_
36
34
ng power of the dollar
7
Radiators and convectors
34
Radio and television
3,6,8,34
Railroads..
2,11,12,13,14,15,19,20,23,40
Railways (local) and bus lines.. .... 11,13,14,15,23
Rayon and acetate..
.
39
Real estate
_._
._._.__..
8,16
Receipts, United States Government
17
Recreation
0
Refrigeration appliances, output
.
34
Rents (housing)
6,9
Retail trade, all retail stores, chain stores (11
stores and over only), general merchandise,
department stores
3,5,9,10,11,13,14,15,17
Rice
,
28
Roofing and siding, asphalt
36
Rubber (natural, synthetic, and reclaimed),
tires and tubes.
6,22,37,38
Rubber products industry, production index,
sales, inventories, prices, employment, payrolls, hours, earnings.._____ 2,3,4,6,12,13,14,15
Rye
.
.
28
Saving, personal
._ ._
1
Savings deposits..
_,_,
16
Securities issued
_
19
Services
1,9,11,13,14,15
Sewer pipe, clay
38
Sheep and lambs
29
Ship and boat building !.__._."_I""l2^13,14,15
Shoes and other footwear.. 6,9,10,12,13,14,15,31
Shortening
^
26
Silk, imports, prices, production
__
6,39
Silver
ig
Soybeans and soybean oil
26
Spindle activity, cotton
39
Steel ingots and steel manufactures (see also
Iron and steel)
2,32,33
Steel scrap
32
Stocks, department stores
11
Stocks, dividends, prices, sales, yields, listings.
20
Stone, and earth minerals
3
Stone, clay, and glass products
2,
3,4,12,14,15,19,38
Stoves
34
Sugar
_
_ _ _ I _ ~ _ _ _ I I I _ _ I 22,30
Sulfur.
.
_
25
Sulfuric acid
.
__I.I___
24
Superphosphate.
25
Tea.
...
.
30
Telephone, telegraph, cable, and radio-telegraph carriers-.
11,13,14,15,20, 24
Television and radio.
3,6,8,34
Textiles
2,
3,4,6,12,13,14,15,18,22,39,40
Tile
_
38
Tin
22,33
Tires and inner tubes
6,9,10,12,13,14,15,38
Tobacco and manufactures
2,
.3,4,5,6,8,12,13,14,15, 22,30
Tools, machine
.___
34
Tractors
22,34
Trade, retail and wholesale
_
3,
5,9,10,11,13,14,15,17,20
Transit lines, local
23
Transportation and transportation equipment.
2,
3,4,5,6,9,11,12,13,14,15,19, 23,24,40
Travel
24
:
Truck trailers
"I
~
40
Trucks
__II"I"IIIIII"~2,34,40

Unemployment and compensation
11,13
United States Government bonds. _ 16,17,18,19, 20
United States Government
finance
17
Utilities
_ _ _ _ _ _ 2,6, 7,11,13,14,15,19, 20,26,27
Vacuum cleaners
Variety stores...
Vegetable oils
,
Vegetables and fruits..
____
Vessels cleared in foreign trade.
Veterans'benefits

_

34
9,10
25, 26
5,6,22,28
23
13,17

Wages and salaries
___
___ 1,14,15
Washers
_._
34
Water heaters
.___._
34
Wax
...
36
Wheat and wheat
flour
28,29
Wholesale price indexes
6
Wholesale trade
3,5,11,13,14,15
Wood pulp
36
Wool and wool manufactures
2,5,6,22,40
Zinc-

33

UNITED STATES

PENALTY FOR PRIVATE USE TO AVOID
PAYMENT OF POSTAGE, f3OO
(GPO)

GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS
WASHINGTON 25, D. C.
OFFICIAL, BUSINESS
First-Class Mail

Supplement
to the
Survey
°f
Current
Kuswess

Y
SINCE

1929

* FIRST COMPREHENSIVE ACCOUNT OF THE WIDELY USED STATE INCOME SERIES
* PERSONAL INCOME BY STATE, BY TYPE, AND BY INDUSTRY—SINCE 1929

^^

* ANALYSIS OF GEOGRAPHIC INCOME CHANGES • PROCEDURES AND DEFINITION!^

THIS NEW VOLUME—229 pages, quarto, illustrated, $1.50—will be available from the Superintendent of Documents, U. S.
Government Printing Office, Washington 25, D. C., as well as at all Field Offices of the U. S. Department of Commerce.