Full text of Survey of Current Business : August 1950
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AUGUST
U. S. DEPARTMENT OF COMMERCE
BUREAU OF FOREIGN AND DOMESTIC COMMERCE
OFFICE OF BUSINESS ECONOMICS
1950
DEPARTMENT OF C O M M E R C E
FIELD SERVICE
SURVEY
OF CURRENT
BUSINESS
1
National Income and Product in the Second Quarter
of 1950
*
*
*
*
New Orleans 12, La.
333 St. Charles Ave.
New York 4, N. Y.
42 Broadway
Cheyenne, Wyo.
206 Federal Office Bldf;
Oklahoma City 2, Okla.
102 NW. Third St.
Chicago 4, 111.
332 S. Michigan Ar«.
Omaha 2, Nebr.
1319 Farnam St*
Cincinnati 2, Ohio
105 W. Fourth St.
Philadelphia 6, Pa.
437 Chestnut St.
Dallaa 2, Tex.
1114 Commerce St.
11
Denver 2, Colo.
828 Seventeenth St.
Detroit 26, Mich.
230 W. Fort St.
*
MONTHLY BUSINESS STATISTICS . . . . S-l to S-40
New or Revised Statistical Series
Statistical Index
Mobile, Ala.
109-13 St. Joseph St.
Clereland 14, Ohio
925 Euclid Are.
SPECIAL ARTICLE
State Income Payments in 1949
*
6
Minneapolis 1, Minn.
2d Ave. S. at 4th St.
Charleston 3, S. C.
18 Broad St.
THE BUSINESS SITUATION
Boston 9, Mass.
2 India St.
Butte, Mont.
14 W. Granite St*
PAGE
Milwaukee 1, Wis.
517 E. Wisconson Ave
Buffalo 3, N. Y.
117 Ellicott St.
tents
Miami 32, Fla.
36 NE. First St.
Baltimore 2, Md.
103 S. Gay St.
AUGUST 1950
Memphis 3, Term.
229 Federal Bid*.
Atlanta 3, Ga.
50 Whitehall St. SV.
No. 8
Albuquerque, N. M ex.
203 W. Gold Are.
24
Inside Back Cover
El Paso 7, Tex.
206 U. S. Court House
Phoenix 8, Ariz.
234 N. Central Ave.
Pittsburgh 19, Pa.
700 Grant St.
Portland 4, Oreg.
520 SW. Morrison St.
Providence 3, R. I.
24 Weybossett St.
Reno, Nev.
118 W. Second St,
Richmond 19, Va.
801 E. Broad St.
Houston 14, Tex.
602 Federal Office Bldf.
St. Louis 1, Mo.
1114 Market St.
Jacksonville 1, Fla.
311 W. Monroe St.
Published by the U. S. Department of Commerce, C H A R L E S S A W Y E R ,
Secretary. Office of Business Economics, M. JOSEPH ME EH AN,
Director. Subscription price, including weekly statistical supplement, $3 a
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United States Government Printing Office, Washington 25, D. C. Special
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directly with the Superintendent of Documents. Make checks payable to
Treasurer of the United States.
Hartford 1, Conn.
135 High St<
Salt Lake City 1, Utah
350 S. Main St.
Kansas City 6, Mo.
911 Walnut St.
San Francisco 11, Calif.
555 Battery St.
Los Angeles 12, Calif.
312 North Spring St.
Savannah, Ga.
125-29 Bull St«
Louisville 2, Ky.
631 Federal Bldg.
Seattle 4, Wash.
909 First Ave.
For local telephone listing, consult section
devoted to U. S. Government
Contents are not copyrighted and may be freely reprinted.
AUGUST 1950
S i n c e the
Korean invasion,
prices have
advanced
INDEX, 1935-39 = 100
260
THE
PRICES
(BASIC INDEXES, B.L.S.)
SITUATION
240
\
\
28 BASIC
COMMODITIES
\*
:
\
:
•*
*•
/
220
By the Office of Business Economics
v
"
**•""
i
200
WHOLESALE, ALL
COMMODITIES
\
retail buying
at department
stores has
spurted ......
\ \
\
180
1 !
M l
500
DEPARTMENT :
STORE SALES!
(F.R.B.)
160
::
400
SEASONALLY
ADJUSTED
\
•
:
/
1
./
J
300
^F^>±^iS%^S^...
• ••
•- .•
Legislative proposals affect economy
•
V
i :••
200
UNAD JUSTED
\
\
I t
I I I
1949
and proposed
additional defense
expenditures of
$ 15 billion have
raised Government spending
estimates for
the current
fiscal year.
I!
!
100
I960
BILLIONS OF DOLLARS
60
1
I""
$15
BIL.
n n •
i
I
£3
MR
- m
45
R!
i
m
I i
30
•
)ERA L EXP ENDITURES^
UREAlJ OF TH E BUDGET ) |
j
H iii
15
m?
I
|
1
1948
1949
1
1950
W
0
1951 (EST.)
FISCAL Y E A R S
U. S. DEPARTMENT OF COMME RCE, OFFICE OF BUSINESS ECONOMICS
A
SHARP step-up in defense spending plans, accompanied by heightened business activity and mounting prices,
has dominated economic developments since the invasion of
South Korea. The new military demands coincide with a
general cyclical peak in business activity; they come at a
time when aggregate demand had reached an all-time high
and our economic resources including labor were already
approaching full employment under nonwar conditions.
Rising consumer and investment demand had pushed production to a postwar peak just before the fighting began.
In the intervening weeks, further advances have occurred in
some sectors and civilian demand has been spurred by the
prospect of accelerated defense production.
The effect of the Korean war upon prices and retail trade
was prompt and vigorous, as illustrated in the accompanying
chart. Prices of industrial raw materials and farm and food
products moved up sharply, and a widening group of manufactured products joined in the advance. Heavy buying of
household appliances, sheets and towels, hosiery, and certain
foods reflected a fear both of shortages and of anticipated
price advances.
50-231
The outbreak of the Korean conflict was accompanied by
increases in current and projected defense spending at a rate
greater than that envisaged by the 1951 fiscal year estimate of
$13.5 billion made in January. To allow for this considerable expansion in defense outlays, the President's budget message in July initially requested an additional appropriation of
$10.5 billion. This was increased by early August to more
than $15 billion to provide for heavier expenditures under the
Mutual Defense Assistance Act and for additional naval
aircraft.
To help meet the cost of these outlays and restrain their
inflationary effects, interim revenue legislation was requested
pending the development of a basically revised tax program
to be submitted next January. The interim program was
designed to increase Federal tax receipts, computed on the
basis of current income levels, by $2.7 billion in the 1951
fiscal year, and by nearly $5 billion on an annual basis. The
expanded revenues, on a full-year basis, would include $2.9
billion more from personal income taxes and $1.5 billion from
corporate income taxes—with the remainder to result from
loophole-closing provisions, withholding on dividends, and
the taxation of television sets and deep-freeze units. In
addition, the excise-tax reductions previously in prospect
were dropped.
The President also requested authority to control consumer
and real-estate credit and to curb commodity speculation; to
establish priorities and to allocate materials and facilities
in order to expedite essential production; and to limit the
use of materials for nonessential uses. Legislation was also
asked to permit the requisitioning of supplies and the control
of inventories.
SURVEY OF CURRENT BUSINESS
Looking beyond immediate needs, the President asked for
authority to provide for expansion in basic capacity to produce essential materials. This program involving loans and
guarantees would provide reserve capacity against the possible future need for a rapid expansion in military activity.
It would also include authority to make long-term contracts
to encourage output of certain materials in short supply.
As price rises continued and abnormal birying developed,
consideration, was given to the enactment of stand-by rationing, price and wage controls to be put into use if such
measures prove necessary to stem inflationary forces.
In addition to the requests for authority to control various
aspects of the civilian economy, existing authority was
utilized to restrict demand for some products. Credit terms
for the purchase of houses were tightened by requiring downpayments of 5 percent or its equivalent for veterans, and by
providing similar increases for nonveteran F. H. A. financing.
Available supplies have been increased for some farm and
food products—principally sugar and cotton. Following
heavy and sustained buying of sugar, import quotas were
first enlarged by about 5 percent and then the Commodity
Credit Corporation contracted to purchase the remaining
large supplies available in the principal exporting areas.
This increased supply of sugar prevented any substantial
advance in wholesale sugar prices despite the insistence of
abnormal buying.
Table 1.—Commodity Credit Corporation Inventories, Including
Contracts for Commodity Purchases Under Price Support
Programs as of May 31, 1950
Amount
Commodity
Wheat
Cotton
Corn_
Linseod oil
Eggs, dried
mil bu
mil. bales
mil. bu
mil. Ibs
mil Ibs
_
_
_
_
_
Total (all items K .
771. 7
596.8
464.6
128. 4
104 1
17 6
37. 7
9.5
117 5
33 8
97 0
92.3
76.9
72 7
47 4
mil Ibs
thous. tons__
mil Ibs
mil. Ibs
mil. bu
Cheese
Peas, dry, edible
Cottonseed oil, refined
Turpentine
334 4
3.5
303. 4
449. 8
87 9
mil bu
cwt
mil. cwt
mil Ibs
mil bu
Flavseod
Grain sorghum
Beans, dry, edible
Butter
Barley
Milk, dried
Cottonseed
Rosin
Wool
Oats
Cost
(millions of
dollars)
311 1
617
38f> 2
12
12.6
39 2
33.0
29 2
11.5
11.0
29.5
0.9
9.8
2.8
19
1.6
mil. Ibs
mil. bu
mil Ibs
mil. gal
13 9
3.4
__
i 2, 600. 2
1
Includes programs not listed above.
Source: U. S. Department of Agriculture, Commodity Credit Corporation.
As farm prices advanced, Government support buying
automatically declined and Commodity Credit Corporation
stocks of some commodities have become available for sale
(see table 1). In the case of cotton, where prices advanced
several cents above the legal minimum price for sales to
domestic consumers, more convenient sales arrangements
have been announced by the Commodity Credit Corporation.
Heavy retail buying
The rising tempo of demand in the period just before the
start of the Korean war and the sudden spurt in the following
weeks may be seen in the trend of retail sales. Total retail
sales, adjusted for seasonal influences, reached a record rate
in the first quarter of 1950, and then advanced to new highs
in May and June. The June sales were 3 percent higher than
in May and 10 percent above the corresponding month a year
earlier. In this setting, the large sales increases indicated
by the preliminary data available for July are especially
striking.
The impact of the Korean developments was felt immediately 011 department-store sales. For the weeks ending July
1 and 8, sales rose about 9 percent above the corresponding
1949 period. After mid-July sales spurted upward at an
accelerated pace. Gains for the last 3 weeks in the month
were 25, 46, and 42 percent, respectively, over a year ago.
The seasonally adjusted index for July reached the unprecedented level" of 362 (1935-39 — 100). This is 21 percent
above June and 29 percent above the previous July.
In the first week of August, however, there were indications of some let-up in the surge in consumer demand, which
had been so pronounced in the last weeks in July. Department-store sales for the United States were 29 percent above
a year ago for the week ending August 5—-with year-to-year
increases smaller in most regions.
The Jury buying wave at department stores gained its
greatest momentum in the Southwest and Far West with
year-to-year gains in the San Francisco and Dallas districts
reaching 40 and 45 percent, respectively, for the 4 weeks
ending July 29. July sales in the South and Midwest were
more than 30 percent above 1949. The increase in buying
in the Northeast was less pronounced, and gains in the Boston-New York-Philadelphia districts were limited to 20 percent. The Richmond district showed a 15 percent year-toyear increase for the 4 weeks ending July 29.
Sales and orders set new records
As in the case of retail trade, the impetus to manufacturers7
business resulting from the Korean developments occurred
at a time when sales and orders were already at unprecedented rates. Sales of manufacturers aggregated $20.7 billion in June—representing, on a seasonally adjusted basis, a
3-percent increase over May.
The rapid industrial expansion in recent months raised
durable-goods producers7 sales in June 5 percent above the
May rate. Sizable price rises for some durables were factors
in the advance of the dollar sales total for the month. June
increases were sharpest among the noiiferrous metal and lumber
groups, but gains reported by the electrical machinery and
motor-vehicle groups were close to 10 percent.
June sales for the nondurable-goods industries were $11.2
billion. For most of the component industries within the
group, sales were up slightly or unchanged from May, after
allowance for seasonal influences. Apparel sales, however,
declined a little.
The value of new business received by manufacturers during June totaled a record-breaking $22.6 billion. Part of
the increase of $2.3 billion over May and $2.4 billion over
the previous high attained in March was a reflection of
higher prices. Basically, the large total of June new orders
stemmed from the rising demands of the civilian economy.
The upward movement of prices as well as inventory building stimulated forward commitments. In addition, during
the last few days of the month some order placement occurred
which may be attributed directly to the turn of international
events.
Orders for the durable-goods industries reached $10.7 billion
in June—an advance of $1.8 billion over May. While new
business for each of the industries in the group rose, the outstanding gains were reported by aircraft, iron and steel, and
electrical machinery producers. The increases were sufficient
to raise backlogs held by all durable-goods producers, at the
end of June, to $22.2 billion—a new high. This total of
unfilled orders represented about 2.3 months of sales at the
June rate.
Among those nondurable-goods industries where forward
commitments are typical, backlogs rose $800 million in June.
The increase was due largely to a rather sharp advance in
orders for textiles and for leather footwear.
SURVEY OF CURRENT BUSINESS
August 1950
Chart 2.—Production of Selected Durable and Nondurable Finished Products l
THOUSANDS
MILLIONS
MILLION BARRELS
MILLION BARRELS
800
16
IOO
4O
600
PASSENGER
AUTOMOBILES
TIRES, RUBBER
HIT!
ITTT!
400
-
200
-
i
l
[
0
12
-
400 T
-F1
::
-
-
-
.8
~
13
-*i
L
-
60
.4
20
-
12
mm
n
—
8
-
:
4
1
ill!
O
MILLION CUTTINGS
4O
MEN'S SUITS (WINTER
F~I
- :\
MISSES^ AND JUNIORS')
30 ""
45
TELEVISION
RECEIVERS *
600 "(INCL. RADIO-PHONOGRAPH
COMBINATIONS)
-
400 ~~ u
-
;—n
-
1 - If
n
Di
1940
_
n
20 _
mm
48
49
30
15
1
,
n
FREIGHT CARS,
RAILWAY
AIRCRAFT
-
48
49
I960
—
Inventory book values increase half a billion in
June
The swing toward inventory accumulation by manufacturers got under way in early spring and gained momentum
in May and June. By midyear, the book value of manufacturers' inventories had risen to $31.7 billion. After allowance
for seasonal movements, inventories increased $500 million
dining June bringing the rise to $1.2 billion during the first
half of the year. Little if any of the advance is traceable to
the effects of the Korean situation.
The June inventory increment was about equally divided
between the durable- and the nondurable-goods groups. By
June 30 inventory book values for the heavy-goods industries
totaled $14.4 billion. All of the industries within the group
reported increases—those for the iron and steel and machinery industries being the largest. Gains reported by most
~
n
~
~n1
1
2 -
-
~
-;
1 -
-
nn
PAIRS
n
MILLION DOZEN PAIRS
16
HOSIERY
SHOES AND
SLIPPERS
12
_ r~
—
—'.
"pi
8 — ill
—
-;i
-
0
4
0
- I
K
1940
48
49
I960
-
ill
1st Qr. 2nd Qr.
IstQr. 2nd Qr
1940
48
U. S. DEPARTMENT OF COMMERCE, OFFICE OF BUSINESS ECONOMICS
1 Data represent production or shipments. Data for the second quarter of 1950 for motor
fuel, distillate fuel oil, aircraft, suits, and shoes are averages of 2 months.
2
Data reported only by members of the Association.
3
Data represent approximately 100 percent of the industry based upon production reported
only by members of the Association.
HW
(CIVIL AND MILITARY)
3
1st Qr. 2nd Qr
1940
-
:::::
_J
10 -
-
MILLION LBS. (AIRFRAME WEIGHT)
4
CD
n
IsrQr. 2ndQr.
I960
UJ
~
200
mm
2 —
-
CO
- '
MILLION
6O
DRESSES (WOMEN'S,
AND SUMMER WEIGHT)
3 ~
'
—
n
-
n
THOUSAND CUTTINGS
4
ZJ
THOUSANDS
16
—
40
- jii
ri
-
-
0
F"l
200 —
tTTTf
trm
THOU SANDS
800
(INCL. RADIO-PHONOGRAPH
1.2 -COMBINATIONS)
TRACTORS
-F
o
10
RADIOS
400 -
TRUCKS AND
BUSSES
-
~
mam
O
"
20
0
THOUSANDS
80
~
30
~
MIL LIONS
1.6
6 0 0 -AND GAS)
-
~"
50 -p
WASHING MACHINES
THOUSANDS
200
50
fl
(HOUSEHOLD, ELECTRIC
16
i
100
riFT
4 0
•
150
75
DISTILLATE FUEL OIL
25 - ||
8 -
REFRIGERATORS *
o
(EXCL. AVIATION GAS)
THOU SANDS
800
(HOUSEHOLD, ELECTRIC)
200
(PASSENGER CAR AND TRUCK)
U
THOU SANDS
800
600
MOTOR FUEL
49
I960
5O~23O
Sources of data: Passenger cars and trucks, Automobile Manufacturers Association; tires,
Rubber Manufacturers Association; motor fuel and distillate fuel oil, U. S. Department of
the Interior, Bureau of Mines; refrigerators, National Electrical Manufacturers Association;,
washing machines, American Washer and Ironer Manufacturers Association; radios and
television receivers, Radio Manufacturers' Association; tractors, Implement and Tractor?
freight cars, American Railway Car Institute; aircraft, suits, dresses, and shoes, U. S.
Department of Commerce, Bureau of the Census; hosiery, National Association of Hosiery
Manufacturers.
of the industries in the nondurable-goods group were partly
counterbalanced by slight declines reported by the food,
beverage, tobacco, and paper industries.
About half of the rise in book values in June was in the
goods-iii-process category. The change in purchased materials was very small as an increase among the durable-goods
industries was offset by a decline among the nondurables.
The rise in the finished-goods category occurred largely
among the nondurables.
Higher nonagricultural employment
Nonagricultural employment continued to rise in July,
reaching 52.8 million, 340,000 higher than in June. The
increase of 2,700,000 in this sector from a year ago reflects a
striking change in the labor market since last summer. Total
employment was a little lower in July than a month earlier,
SURVEY OF CURRENT BUSINESS
reflecting a drop in farm work as wet weather limited farm
operations. Unemployment at 3.2 million in July was a little
lower than in June and 900,000 lower than in July of 1949.
In earlier months of this year, the increase in employment
was accompanied by an extension in hours worked per week
in manufacturing plants, and the rise in overtime work has
been reflected in higher average hourly earnings per employee.
In June, this contributed to a rise in total wage and salary
payments of $1.3 billion on an annual rate basis, from May.
With proprietors7 income also higher, total personal income
for June was at an annual rate of $216 billion, above any
earlier month except March when payment of National
Service Life Insurance dividends was at its peak rate.
Output continues at high rate
Total industrial production was about as high in July as
in June despite seasonal declines in a number of industries
arising from the July 4 holiday and employee vacations.
On the basis of preliminary indications, output in such major
manufacturing industries as machinery and transportation
equipment other than automobiles advanced, off se ting
seasonal declines elsewhere in the industrial economy. Output of steel and automobiles dipped somewhat below their
recent peaks. Toward the end of July, a few automobile
assembly plants reduced overtime production schedules as
a result of a shortage of steel.
The impact of developing defense programs on the economy
has had but little influence on production for the civilian
economy so far. Work on new orders for war material has
not yet been undertaken in sufficient volume to disrupt
appreciably the flow of key materials for the production of
civilian goods.
As indicated in last month's review of the business situation, supplies of raw materials have been produced in record
volume this year and were adequate to support the gradual
expansion in production that has occurred thus far. The
basic steel industry has been operating at practical capacity
since last March. Since the end of 1949 more than 1 million
tons have been added to the industry's steel-making facilities,
bringing total capacity as of July 1 to 100.6 million tons, or
5 million tons above the wartime peak and 19 million tons
higher than in 1940. On the basis of the new capacity, steel
mill operations in early August were at 99.9 percent of capacity, which in terms of tonnage is equal to the record May
rate.
Minerals production expanded further in July, owing to
increased output of crude petroleum and metals. These
gains more than offset the seasonal decline in activity in coal
mines, most of which closed down for regular summer vacations. Further increases in output occurred for lumber and
other building materials.
August 1050
Expansion centered in durables
Chart 2 shows the trends in production of 16 finished products over the past 2% years, as well as comparable data for
1940. The increases from the first to the second quarter of
1950 were particularly striking for the durable finished goods
shown in the chart. In most cases the rates of output represented new peaks, which generally ranged from 60 to well
over 100 percent above the prewar volume.
The largest second quarter gains were in aircraft, a reflection of the substantial orders placed for military account,
and in passenger cars, for which consumer demand continued
exceptionally strong. Sizable percentage gains also occurred
in the output of trucks and busses, radios, and tires. Exceptions to the general upward trend include washing machines
and television receivers.
A substantial pickup in freight-car building activity has
occurred since the low point was reached in April. Deliveries
of freight cars to domestic carriers rose 14 percent between
the first and second quarters while shipments in June alone
nearly doubled the monthly rate of the first quarter. New
orders increased to a monthly average of about 7,000 cars in
the first half of 1950, from less than 600 in the last half of
1949.
In July, domestic freight car orders totaled 30,000, the
largest monthly figure since 1924. As a result, unfilled orders
on the books of car builders and railroad shops increased
from 12,000 at the beginning of the year to 67,000 at the
end of July, but they were still substantially below the postwar peak of 135,000 reached in April 1948.
Mixed trends in the nondurables
Among the nondurable goods shown in the chart, production trends were mixed. Output of refined petroleum products has been edging upward in line with the gradually
expanding car population and the increasing demand for
fuel oil arising in part from the completion of a record number
of new dwelling units. On the other hand, output of apparel
has on the whole changed but little from the first quarter,
lagging somewhat behind sales at apparel stores, which have
shown a moderate pickup.
Price developments
Since the last week in June a general inflationary movement
has gripped the economy. Expectations that sharply expanded defense spending would bring higher prices and shortages for some commodities—led to immediate heavy forward
buying by consumers and producers alike. As a result,
prices were quickly pushed back toward the postwar highs
of 1948, although actual new Government buying had not as
Table 2.—Changes in Wholesale Prices
Percent change to June 1950 from—
1941
Item
Trough after postwar peak
June
1949
June
1950
June
1949
Trough
after
postwar
peak
Postwar
peak
_ ,____
_ _ __
Hides and leather products
Housefurnishing goods
IVIetals and metal products
_
.
-- -
169.8 (Aug. 1948)
154.5
151.2
157.3
+1.8
+4.0
+4.0
-7.4
82.4
82.7
89.0
199.2 (Jan. 1948)
154.7 (Jan. 1950). __
189.8 (Aug. 1948) _ _ 154.8 (Jan. 1950) _ _ _
153.6 (Sept. 1948)
145.0 (Aug. 1949)
168. 8
162. 4
145. 5
154.9
155. 7
145. 4
165. 9
162.1
148.8
-1.7
-.2
+2.3
+7.1
+4.1
+2.3
+7.2
+4.7
+2.6
-16.7
-14.6
-3.1
103.2
84.4
76.2
- -- -
Building materials
Chemicals and allied products .
Fuel and lighting materials
204.1 (Sept. 1948),.. 188.3 (Aug. 1949)..
139.9 (Jan. 1948) „ _ _ 114.5 (June 1950) __
137.6 (Nov. 1948) _. 129.6 (Aug. 1949) __
191.4
116. 7
130.0
190.4
115.2
130. 4
202.2
114. 5
132. 7
+5.6
-1.9
+2.1
+6.2
-.6
+1.8
+7.4
0
+ 2.4
-.9
-18.2
-3.6
108.3
94.3
99 4
203.4 (Dec. 1947) _ _ _ 177.8 (July 1949) ...
148.5 (Feb. 1949) ___ 142.9 (Aug. 1949) _.
176 3 (Feb 1949)
167.1 (June 1949)..
178. 8
145. 3
167.1
179.9
144 2
167.8
182.6
147.0
171.8
+2.1
+1.2
+2.8
+1.5
+1.9
+2.4
+2.7
+2.9
+2.8
-10.2
-1.0
-2.6
84.8
82.0
152.1 (May 1948) __ 136.1 (May 1950)..
123.6 (Jan. 1948)___ 109.0 (Oct. 1949).
139.1
111.0
138.4
110.7
136.8
114.8
-1.7
+3.4
-1.2
+3.7
+.5
+5.3
-10.1
-7.1
151. 2 (Dec. 1949)
Source: U. S. Department of Commerce, Office of Business Economics, based on data from U. S. Department of Labor, Bureau of Labor Statistcs.
December
1949
87.3
All commodities
Farm products
Foods
Other than farm products and foods
Textile products
Miscellaneous
Postwar peak
December
1949
SURVEY OF CURRENT BUSINESS
August 1950
yet begun on an important scale. Price rises were especially
large for the traditionally sensitive industrial raw materials,
farm products, and foods, which had already risen substantially during the second quarter.
Although primary markets reacted first and most sharply
to increased demand, retail prices were also affected rather
promptly in some lines, particularly foods. The Labor
Department estimated a rise in retail food prices in July of
3 percent, bringing the advance to 7 percent in a 3-month
period.
For wholesale prices as a group, advances during the 6
weeks after the Korean invasion exceeded those of the entire
first half of 1950. As indicated in table 2, December 1949
marked the trough after the postwar peak for all wholesale
prices. From this point, the index rose 4 percent by June
to 157 (1926=100), whereas the increase between the weeks
ending June 27 and August 8 amounted to 5 percent.
Price changes in response to expanding demand had been
relatively moderate during the early months of this year. For
industrial commodities most of the rise in demand was met
by expansion of output and prices began to creep up only in
May and June as production approached record rates. (See
the bottom panel of chart 3.) The chief exception was building materials. These prices had started to rise in the latter
part of 1949, as the building boom developed, and advanced
6 percent in the first 6 months of this year.
Food and agricultural commodities provided the greatest
impetus to the increase in the wholesale price index since
June, with livestock and meat prices both showing large
advances, as indicated in table 3. Farm products as a whole
increased 8 percent between the weeks ending June 27 and
August 8 while foods moved up almost as much, 7 percent.
Chart 3.—Wholesale Prices
INDEX 1926 = 100
300
••*•
MEATS
.V
250
A%
.••*
-\
A A/
A/v
\
.. / '
v"
FARM PRODUCTS
..-..A
./••-;
\ /-
../
200
1 50
100
^/§y^\=^^ sfif
M 1
M i l
M M 1
i
1
1 1
!
I 1
M 1
1 1
Illllllllllll!!!!
250
BUILDING MATERIALS
f
\
^£-'
200
/'"**'*
-:
OTHER THAN FARM PRODUCTS
^ AND FOODS ^
150
Smaller crops in 1950
^^
^
^^^
For farm products, rising demand in the first half of 1950
was not accompanied by corresponding increases in supplies—
either available or in prospect. Crop marketings in the first
half of 1950 were below the first half of 1949. Although
livestock marketings were higher, the seasonal decline in the
second quarter coincided with expanding demand, resulting
in more than seasonal price rises. Farm production as a
whole is now estimated by the Department of Agriculture to
be about 2 percent lower than in 1949. The principal
declines are in nonfood products, cotton being the most
important. The August 1 estimate of cotton production is
10.3 million bales, or about 5K million bales smaller than
in 1949.
Table 3.—Changes in Weekly Wholesale Price Index Between Week
Ending June 27 and Aug. 8, 1950
[1926 = 100]
June 27,
1950
All commodities.
Farm products _ _
Grains
Livestock
Foods
_
Meats
Aug. 8,
1950
Percent
change
157 1
. _
_
All commodities other than farm and food
165 5
165 0
169 3
217 5
177 5
168 6
241 6
4-11 1
162 7
241 5
174 7
255 3
4-7 4
4-5 7
_l_tt 0
_1_7 fi
4
148 7
154 4
_j 3 §
Textile products _ _
136 7
147 5
4-7 Q
Fuel and lighting materials
133. 1
134 1
+ 8
Metals and metal products
1 73. 1
173 9
-|_ 5
Building materials
9
01 4
212 7
4-5 6
Chemicals and allied products
114 3
120 8
4-5 7
Source: U. S. Department of Labor, Bureau of Labor Statistic .
*^\/
/
PRODUCTS
100
II M ! 1 ! 1 ! 1 1
1947
MM!
1
1948
!
Ml
1
IN
1949
1
I
50
MONTHLY DATA
U. S. DEPARTMENT OF COMMERCE, OFFICE OFBUSINESS ECONOMICS
inliril.Mlill
APR. MAY JUNE JULY
|950
tDATA*
50-233
1
2
Data also include meats shown separately.
Data also include the two groups shown separately in this panel.
Source of data: U. S. Department of Labor, Bureau of Labor Statistics.
Food production for 1950 is estimated to be about the
same on a per capita basis as in the past 2 years. Increases
in the important meat animal, dairy and poultry product
groups are partly offset by lower food grains and vegetable
crops. Although the general increase in farm prices has
reduced purchases for price-support purposes, part of the
increased dairy and poultry output in 1950 is being bought by
the Commodity Credit Corporation in order to support
prices of these foods, which are still below support levels.
One aspect of the rise in food prices is of special interest—the prompt rise in retail prices which had accompanied the
advance in wholesale prices during the 3 months ending in
July. An analysis of the lag between the wholesale and retail
monthly price series of the Bureau of Labor Statistics during
the interwar and postwar period indicates that the usual
lag has been 1 month or less.
Industrial prices at 1948 high
Price advances at wholesale in commodities other than
farm and food products have been substantial, especially in
relatioD to the small extent of the reduction which had taken
place in the two preceding years of general price adjustment.
The index of prices of all commodities other than farm product and foods at 154 (1926 — 100) during the first week of
SURVEY OF CURRENT BUSINESS
6
August was 4 percent above the last week of June, topping
the previous high in September 1948.
The major industrial price groups are now all showing
increases, even in those segments which had declined during
the preceding 6 months. Building materials rose 6 percent
in the 6 weeks ending August 8, making a total rise of 12
percent since the beginning of the year; they are now at a
new postwar high.
In the chemicals and allied products group, as shown in
chart 3, prices were easing during the weeks immediately
preceding the Korean invasion and at that time were about
as low as at any time since the end of the war. Since then
the index has advanced 6 percent with marked rises in specific
raw materials, including copra and coconut oil—whose main
source of origin is in eastern Asia—tallow and benzene.
The latter is an important component of such materials as
synthetic rubber, dyes, plastics, and nylon.
A gradual downdrift in textile prices was halted in June,
and since then the index has risen 8 percent. The largest
rises have been in cotton and cotton products, and much of
this is attributable to the small cotton crop as estimated by
the Department of Agriculture. (This was also instrumental
in the advances in cottonseed oil prices.) Substantial further increases have also occurred in wool and woolen fabric
prices during recent weeks.
August 1950
Basic commodities higher
The daily spot price index of the Bureau of Labor Statistics
for sensitive commodities increased 16 percent between
June 23 and August 10. Over half of the items in this
group rose 10 percent, or more, while rubber and tallow
increased 70 percent.
Price quotations for some items which have displayed only
slight price changes in this period—such as copper and steel
scrap—were already high in May and June as a result of
strong domestic demand. In the case of steel scrap, present
prices are stimulating imports from Europe, and large commitments for the rest of the year have helped to stabilize the
price situation in recent weeks. It is clear, however, that
potential demand for these products remains high in view of
their importance in expanding defense production.
Although the prices of these metals, as well as that of zinc,
have not increased markedly since the Korean outbreak,
the price of tin, for which Asia is an important source, was
over 30 psrcent higher on August 10 than on June 23.
Grain prices were somewhat higher during July, but improved crop prospects together with large carry-over supplies
brought price declines in the latter part of the month and
early August.
National Income and Product in the Second Quarter of 1950
v^ROSS national product—the Nation's total output of
goods and services, valued at current market prices—rose to
a rate of nearly $270 billion annually in the second quarter of
1950, as compared with $262% billion in the first quarter
(chart 4). The advance was an extension of the upswing in
economic activity already under way, and contrasted
markedly with developments during the corresponding
period a year ago.
National income, which measures aggregate earnings arising from current production, obviously followed a similar
course, although it cannot be specified precisely at this time,
owing to lack of adequate corporate profits data for the
second quarter. The other distributive shares of national
income were $5 billion higher, at annual rates, than in the
March quarter.
Total personal income—the income receipts of persons
from all sources—was at an annual rate of $215 billion, down
$1% billion from the first quarter. This apparently contradictory movement reflected simply a much greater concentration in the first quarter than in the second of nonrecurrent
transfers from the Federal Government to veterans holding
National Service Life Insurance policies.
Second-quarter economic developments did not, of course,
reflect the new pressures introduced by our action to put
down the aggression in Korea. The invasion began only a
few days before the close of the period, too late to affect the
data under review. This quarter, therefore, is of particular
interest as the last, for the foreseeable future, in which the
economy could operate without the influences activated by
the Korean hostilities.
A study of the record for the second quarter shows that
these new forces are being superimposed upon an economy
in an expanding phase, with private domestic demand rising
in all major segments, and with production being stepped up
to meet it.
During the initial quarter of 1950, which followed a period
of stability after the business downturn in the first half of
1949, factors tending toward recovery came to the fore.
Chief among these was the restoration of business buying—
and with it, of production—to a level commensurate with the
flow of goods and services to final users of the Nation's output.
This restoration was reflected primarily in a shift from substantial liquidation of business inventories, to moderate
accumulation. At the same time, the 1949 downtrend in
fixed business investment was arrested, and the home-building
boom progressed. Consumer demand, which had continued
high throughout 1949, was bolstered by the veterans' insurance dividends.
During the second quarter, the expansion of earned income generated by the sharp recovery of business investment
reinforced the spending stream. Private domestic demand
continued to rise, and the economy forged ahead on a broad
front.
Industrial production and employment increased rapidly,
and the volume of new business placed with manufacturers
continued strong. Unfilled orders rose despite the steady
advance of manufacturers' sales.
Production gains, although spreading increasingly to nondurable lines, were centered primarily, as in the first quarter,
in the durable-goods manufacturing industries. This concentration reflected the fundamental influence upon the upupswing of renewed plant and equipment outlays, as well as
sustained high consumer demand for durables.
In addition to the larger total flow of durable goods, there
was a further advance in residential construction during the
quarter, as well as a rise in consumer purchases of nondurables
and services. Government and foreign demand held steady.
Nevertheless, the expansion of output was sufficient not
only to meet the rising volume of final purchases, but also to
support a moderate accumulation of inventories. These
were increased at a somewhat greater rate than in the March
quarter.
The intensification of business and consumer buying exerted upward pressure on prices as the second quarter progressed. In May and June after an extended period of
general stability, wholesale prices, especially of raw materials,
rose appreciably. Retail prices—notably for food—also
showed fairly marked increases in the same months.
The expansion of production during the quarter required
additional employment sufficient both to absorb a consid-
SURVEY OF CUEEENT BUSINESS
Personal consumption expenditures rose in the second
quarter of 1950 to $184% billion, at seasonally adjusted
annual rates. This advance, from $182% billion in the first
quarter, continued the expansion of consumer outlays which
began late in 1949 after a year of relative stability.
Unlike the immediately preceding quarters, when consumer prices were drifting downward, the most recent rise
in consumption expenditures was accompanied by price
increases, and must be adjudged smaller in real terms than
in dollar value. This reversal of the trend of consumer
prices was attributable to existing pressures of growing
consumer demand, along with the influence upon food prices
of shifts in the agricultural outlook, and occurred several
months prior to the outbreak of fighting in Korea.
dends appears to have been saved, at least temporarily.
Nevertheless, their influence upon consumer demand reinforced that of rising earned incomes.
The contribution of expanding consumer credit is suggested by the contrast between an $800 million growth in
the total outstanding, from December 1949 through June
1950, and a contraction of about $200 million during the
corresponding period a year earlier. Expansion of installment credit—associated with the exceptional volume of
consumer durable goods purchases in recent quarters—has
been particularly marked. Although total outstanding consumer debt remains lower relative to disposable personal
income than in immediate prewar years, this is no longer
true of the installment credit component.
While the over-all increase in consumption expenditures
during the second quarter differed little in magnitude from
that of the preceding period, its composition diverged in
some respects. Outlays for durables, which had predominated in the first quarter advance, levelled off at an annual
rate of slightly less than $27 billion. Purchases of nondurables, however, after remaining steady from the third
quarter of last year through the early months of 1950, picked
up appreciably in the June quarter, when they reached $99
billion at annual rates. Consumer expenditures for services, at about $59 billion, showed a further gain of roughly
the same size as in each of the two preceding quarters.
Factors stimulating consumption
Increased outlays for nondurable^
erable growth in the labor force and to cut back the numbers
of unemployed by a substantial margin. This increase in
employment was the principal factor underlying the secondquarter advance in earned personal income, although somewhat longer hours and higher wage rates, as well as larger
nonfarm proprietors7 incomes, also contributed.
The developments summarized above are discussed more
fully in the following review of the product and income flows.
DEMAND FOR GROSS NATIONAL PRODUCT
Consumer purchases continue to rise
The principal factors underlying advances in consumer
buying this year have been the higher incomes generated
by expanding economic activity and the receipt by veterans
of $2.6 billion in National Service Life Insurance dividends.
In addition, however, retail purchases have been stimulated
by liberal extension of consumer credit.
Chart 4.—Gross National Product
BILLIONS OF DOLLARS
300
250
^GOVERNMENT PURCHASES^
AND NET FOREIGN INVESTMENT
200
ISO
100
iPERSONAL CONSUMPTION
EXPENDITURES!
50
1946
QUARTERLY
1947
1948
1949
1950
TOTALS, SEASONALLY ADJUSTED, AT ANNUAL RATES
U. S. DEPARTMENT OF COMMERCE, OFFICE OF BUSINESS ECONOMICS
50
Source of data: U. S. Department of Commerce, Office of Business Economics.
Effects of the N. S. L. I. payments cannot be ascertained
precisely, but it is evident that amounts entering the spending stream through the second quarter were by no means
commensurate with the volume of Treasury disbursements.
In line with experience in connection with previous large
veterans' payments, a considerable proportion of the divi
Clothing and food shared about equally, dollar-wise, in
the recent $1K billion advance of nondurables, and together
accounted for practically all of it. With respect to clothing,
the increase reflected a larger flow of merchandise to consumers, as retail prices were virtually unchanged from
January through June. This firming of apparel prices, it
may be noted, was in significant contrast to the steady
declines registered throughout 1949. In the case of food,
on the other hand, prices appear to have been almost entirely
responsible for the increment in consumer purchases, as the
early 1950 turn in farm prices was quickly reflected in retail
markets. For nondurable lines other than apparel and
food, second-quarter changes were of little consequence.
Durable goods continued to absorb an extraordinary portion of the consumer's expenditure dollar—more than 14}£
cents in the first half of 1950, as compared with about 13 in
each of the 3 preceding years and less than 12 in prosperous
prewar years. As a result of mixed trends among major
components, however, total consumer purchases of durables
in the second quarter were fractionally below those of the
first. Persistent high demand for passenger cars, coupled
with record motor vehicle production, brought further
advances in outlays for automobiles and accessories, but
these were offset by some slackening in consumer expenditures for furniture and household equipment. The latter,
despite a drop of nearly $% billion from the first-quarter
rate, remained far above 1949 levels, thus continuing to
reflect the influence of the sustained residential building
boom. Other durable-goods purchases were substantially
unchanged in the June quarter.
Housing (including the imputed rental value of owneroccupied homes) and household operation accounted for
about half of the second-quarter increase in consumer
outlays for services. The remainder was distributed among
a wide variety of items, with no single category predominating.
Domestic investment higher
Gross private domestic investment moved forward by
more than $5 billion in the second quarter to an auuual rate
of $46 billion. The recovery of investment expenditures
evidenced in the first quarter thus continued, bringing this
SURVEY OF CURRENT BUSINESS
8
component of the Nation's output above any previous
period except the last quarter of 1948 (see chart 5).
The rate of fixed investment—new construction plus
business purchases of durable equipment—substantially
exceeded even that of late 1948, owing chiefly to the intensity
of residential building activity. Inventory accumulation,
while quite moderate in comparison with 1948, was somewhat
greater than in the first quarter, and contrasted sharply with
the liquidation of stocks which characterized 1949.
Residential construction still rising
The advance of residential construction continued to be
an expansionary force in the economy during the April-June
period, as during the three preceding quarters. The rate of
increase slackened moderately from the accelerating pace
witnessed earlier, but nevertheless sufficed to carry the value
of new housing put in place in the second quarter nearly
$1 billion, at annual rates, above that of the first quarter.
Cliart 5.—Gross Private Domestic Investment
BILLIONS OF DOLLARS
50
40
GROSS PRIVATE
DOMESTIC INVESTMENT
30
PRODUCERS1 DURABLE
EQUIPMENT
20
August 1950
plant and equipment. In the second quarter, this reinforcement became much more pronounced, as sharp upward
alterations of business investment programs materialized.
These alterations stemmed from the more optimistic anticipations induced earlier by improvement of general business
conditions in the latter part of 1949.
Nonresidential construction shared only modestly in the
second-quarter plant and equipment expansion, with industrial building making a somewhat more favorable showing
than other elements. Although the gains in this category
were small, they represented a significant shift from the
contractions of such activity observable throughout most of
last year.
It was in the equipment field, however, that the secondquarter growth of fixed business investment was primarily
concentrated. Purchases of producers' durable equipment
rose from $19% billion, at annual rates, in the first quarter to
$2lK billion in the second. This advance, following the first
quarter recovery from the low mark late last year, brought
the rate of business equipment purchases above that prevailing at the crest of the 1948 boom.
The renewed strength of demand for industrial machinery
which was already apparent in the first quarter, complemented by increased production of such goods, was responsible
for the largest share of the advance. All other major categories of producers' durable equipment, however, shared in
it. The recovery of outlays for railroad and transit equipment, which had shown weakness earlier, was perhaps
especially noteworthy.
Inventory accumulation continued
Business inventories accumulated in the second quarter at
a rate of $3% billion annually, as compared with $1% billion
in the previous 3 months. As in the first quarter, nonfarm
NEW CONSTRUCTION
inventories increased somewhat more than the net total,
10
which also reflected some drawing down of farm stocks.
Unlike the first quarter, however, the more recent accumulation did not represent a major alteration of the inventory
situation. The shift embodied in the earlier increase of
CHANGE IN BUSINESS INVENTORIES
stocks, following extended liquidations last year, has constituted the largest single element of advance in gross
I
\
I
I
I
I
!
J
L
-10
national product in the first quarter; further enlargement of
1946
1947
1948
1949
1950
inventories through June was at an only moderately acQUARTERLY TOTALS, SEASONALLY ADJUSTED, AT ANNUAL RATES
celerated pace, and the resultant change in the rate of inU. S. DEPARTMENT OF COMMERCE. OFFICE OF BUSINESS ECONOMICS
50-236
ventory accumulation absorbed a much smaller share of the
Source of data: U. S. Department of Commerce, Office of Business Economics.
second-quarter increase in output.
The bulk of the rise in nonfarm inventories occurred in
In addition to the complex of psychological and financial
manufacturers' holdings, which has increased relatively little
factors already underlying the housing boom, further
in the first quarter. The influence of accelerating industrial
Government support was given by provisions of the HousingAct of 1950, which became effective on April 20. This production was evident in an appreciable shift within manufacturers' stocks, in each quarter of this year, from purchased
legislation liberalized the veterans' home loan program in
materials to goods in process. Replenishment of reserves of
several ways, including an increase in the percentage of each
raw materials apparently lagged behind their diversion into
loan which may be guaranteed by the Veterans' Administrathe channels of fabrication.
tion and a raising of the dollar limit on the guarantee, as well
Wholesale inventories were also built up more rapidly in
as an extension of the maximum period of amortization.
the second quarter than in the first. In retail trade, where
In general, the act's modifications of existing programs to aid
the first quarter accumulation had been concentrated, further
nonveteran home purchasers were also in the direction of
additions to stocks were more moderate.
liberalization, although certain provisions for assistance in
financing rental housing were not renewed.
Net foreign demand stable
With nonfarm housing starts mounting to unprecedented
rates during the second quarter, there was no prospect of an
Net foreign acquisitions of United States output showed
immediate tapering off in homebuilding activity, although
little change from the first to the second quarter of this year.
the increased minimum down-payment requirements instiThe negative balance of net foreign investment—arising from
tuted in July for V. A.-guaranteed and F. H. A.-insured loans
the substantial excess of Government grants over the current
are intended to exert a degree of restraining influence.
export surplus—remained at approximately $2 billion, at an
annual rate. Foreign countries as a whole were thus enabled
Sharp expansion of plant and equipment
to effect a further material improvement of their financial
purchases
position in relationship to this country. Their need to
replenish gold and dollar reserves continues, but its intensity
The sustained upsurge in residential construction was
has been somewhat mitigated during the past 9 months.
reinforced early this year by a firming of business demand for
August 1 5
90
SURVEY OF CURRENT BUSINESS
United States merchandise exports in the second quarter
increased, hut only to an extent roughly commensurate with
the concomitant rise in government grants under the European Recovery Program. Since such grants are included in
the Government purchases component of gross national
product, equivalent amounts of exports are excluded from the
international balance as measured by net foreign investment.
The change in nongovernment financed exports in the June
quarter was negligible.
Merchandise imports, after recovering from the mid-1949
low in response to expanding domestic industrial activity and
other factors, levelled off in the second quarter at a dollar
volume not far below that prevailing prior to the 1949 downturn. Changes in receipts and payments on service transactions were largely seasonal in character, and in combination
had little net effect upon the foreign balance.
Government purchases maintained
The share of the Nation's output bought by the Federal
and State and local governments held steady in the June
quarter at an annual rate of $41/<> billion. This figure was
moderately below the corresponding total a year earlier, but
remained larger than in any postwar quarter prior to 1949.
Declines in Government purchases of goods and services
since the middle of last year have been concentrated in a few
major Federal programs—notably foreign aid (including
civilian relief in occupied areas), military and stockpiling
activities, and farm price support. Trends in these programs
during the second quarter were mixed, but resulted, on
balance, in an arrest of the previous downdrift.
A slight further drop in military expenditures of the
Defense Department was offset only to a minor extent by a
small pickup in outlays for strategic and critical materials.
The outlook for these programs subsequent to the second
quarter, however, has of course been altered radically upward
by the United States response to the Korean hostilities.
Both procurement and military payrolls, as well as a wide
variety of supporting outlays, will mount rapidly as the
announced expansion of our military strength gets under way.
Farm price support expenditures also moved downward in
the second quarter, as the continuing recovery of agricultural
prices diminished dependence upon government support.
Difficulties of seasonal adjustment impair the precision of
quarterly data on this component of Federal purchases, but
the general declining trend is clear.
Offsetting the diminution of military and price-support
disbursements in the April-June period was an upswing in
expenditures for foreign aid, mainly under the European
Recovery Program. This rise was temporary, reflecting
chiefly the make-up of earlier lags behind original schedules
for fiscal 1950, and the rate of ERP payments is expected
to subside in coming months. Expenditures from the
Mutual Defense Assistance appropriation, on the other
hand, first appeared in more than nominal volume in the
second quarter, and will be a growing factor as the year
progresses. This rise will be very sharply reinforced, of
course, if the President's recommendation of an additional
$4 billion for this purpose is adopted.
The steady advance of State and local government purchases, which has persisted throughout the entire postwar
period, began to taper off somewhat last year. This tapering
off appeared to be confirmed in the second quarter, when
State and local outlays for goods and services showed no
further increase.
THE FLOW OF INCOME
Basic personal income flow higher
Personal income in the second quarter—other than the
special insurance dividend payments to veterans—was at an
annual rate of $213 billion;$5 billion above the March quarter.
89 7 3 3 5—5 0—2
9
Table 4.—National Income and Product, Fourth Quarter 1949 and
First two Quarters 1950 1
[Billions of dollars]
Season ally adjusted at
ar nual rates
Unadjusted
Item
1949
19 50
1949
19 50
IV
I
II
IV
I
54.1
53.8
(2)
214.2
217.2
(2)
Compensation of employees
Wages a n d salaries
_ _ _ _ _ _
Private
Military
Government civilian
Supplements to wages and salaries _ _
35. 6
34.0
28.6
1.2
4.3
1.6
35.0
33. 2
27.9
1. 1
4.2
1.8
36.9
35.0
29. 6
1.1
4.3
1.9
140.2
133. 6
112.7
4.6
16. 4
6.6
142.3
135.2
114.3
4.5
16.4
7.1
147.6
140. 2
119.2
4.5
16. 5
7.4
Proprietors' and rental income 3
Business and professional
Farm
Rental income of persons
10.2
5.1
3.2
1.8
10.4
5.4
3.2
1.8
10.3
5.6
3.0
1.8
40.7
20. 6
12.8
7.3
41.5
21.4
12.8
7.3
41.3
22.3
11.8
7.2
Corporate profits and inventory valuation adjustment
Corporate profits before tax
Corporate profits tax liability
Corporate profits after tax
_ __
Inventory valuation adjustment
7.1
6.9
2.7
4.2
.2
7.2
7.3
2.9
4.5
2
(2)
(2)
(2)
(2)
-.6
28.4
27.6
10.6
16.9
.8
28.4
29.2
11.4
17.8
— .7
(2)
(2)
(2)
(2)
-2.3
Net interest
1.2
1.2
1.3
4.8
5.0
5.0
NATIONAL INCOME BY
DISTRIBUTIVE SHARES
National income
II
Addendum: Compensation of general
government employees
GROSS NATIONAL PRODUCT OR
EXPENDITURE
Gross national product
5.1
5.1
5.1
20.0
19.7
19.8
67.2
63.1
65.7
253.8
262.5
269.9
Personal consumption expenditures- _ _
Durable goods .
Nondurable goods
Services
_ _
48.9
7.2
27 4
14.3
43.2
6.0
22 fj
14.6
45.7
6.5
24.4
14.8
180.6
25.3
97.9
57.4
182.4
26.9
97.5
58.0
184. 5
26.7
99.0
58.8
Gross private domestic investment- . _
7.7
New construction
4.7
Producers' durable equipment
4.7
Change in business inventories,
total
-1.7
Nonfarm only
-1.5
10.4
4.1
4.8
10.0
5.2
5.6
31.2
18.2
18.7
40.5
19.9
19.3
45.9
20.9
21.6
1.4
1.5
-.8
—.7
-5.7
-4.7
1.3
2.1
3.4
4.0
-.1
-.5
-.5
-.7
-1.9
-2.0
Net foreign investment
Government purchases of goods and
services
Federal
Less: Government sales
State and local
__
DISPOSITION OF PERSONAL
INCOME
Personal income
10.8
6.1
.1
4.7
10.1
5.7
.1
4.4
10.5
5.7
.1
4.9
42.8
24.6
.3
18.5
41.4
22.8
.3
18.9
41.4
22.8
2
52.6
53.4
53.8
205.4
216.4
214.7
Less: Personal tax and nontax payments
Federal
State and local
3.7
3.1
.5
6.8
6.0
.8
3.8
3.2
18.7
16.1
2.5
18.7
16.1
2.6
19.2
16.6
2.6
Equals: Disposable personal income
49.0
46.6
49.7
186.8
197.7
195.5
Less: Personal consumption expenditures
48.9
43.2
45.7
180.6
182.4
184.5
.1
3.4
4.0
6.2
15.3
11.0
67.2
63.1
65.7
253. 8
262. 5
269.9
4.8
4.9
5.1
19.3
19.7
20.4
5.5
2
2.6
5.3
.2
-1.0
5.6
.2
(2)
21.5
21.7
.7
3.4
Equals* Personal saving
is! 8
RELATION OF GROSS NATIONAL
PRODUCT, NATIONAL INCOME,
AND PERSONAL INCOME
Gross national product
Less: Capital consumption allowances. _
Indirect business tax and nontax liability
Business transfer payments
Statistical discrepancy
Plus: Subsidies less current surplus of
ETO vern men t, on terpri SPS
Equals: National income
Less: Corporate profits and inventory
valuation adjustment
Contributions for social insurance
Excess of wage accruals over disbursements
Plus: Government transfer payments- _ _
Net interest paid by government
Dividends
Business transfer payments
Equals: Personal income1
2
.0
.1
54.1
53. 8
.1
-L9
.0
.2
2
214.2
217.2
2
()
1.8
28.4
5. 7
28.4
6.7
22.7
.7
(2)
()
.5
2
()
(2)
6.9
7.1
1.3
7 2
1.8
.0
.0
.0
.0
.0
.0
3.0
1.3
2.5
5. 3
1. 1
1.9
.2
3.5
1.4
1.8
2
11.8
4.7
8.2
20.9
4.7
8.1
14.2
4.7
8.1
52.6
53.4
53. 6
295. 4
216.4
214.7
Detail will not necessarily add to totals because of rounding.
Not available.
s Includes noncorporate inventory valuation adjustment.
Source: U. S. Department of Commerce, Office of Business Economics.
10
SURVEY OF CURRENT BUSINESS
This latest quarterly advance was nearly double that witnessed in the preceding period, when the rising tempo of
production was first reflected on a material scale.
Total personal income, inclusive of the National Service
Life Insurance dividends, declined from $216% billion in the
first quarter to $215 billion in the second. The former figure
includes N. S. L. I. payments amounting, at annual rates,
to $8K billion, while the latter embraces corresponding payments of only $2 billion. These nonrecurrent disbursements
to veterans were very nearly completed by the end of June.
Payrolls advance
Wages and salaries advanced strongly during the second
quarter to add approximately $5 billion to the personal
income flow. In May and June, they surpassed the peak
months of 1948, making the quarter's total, at an annual
rate of $140 billion, the highest on record. Increased
employment, a lengthened average workweek, and slightly
higher hourly wage rates all contributed to the gain in payrolls, with the first-named factor the most important.
The payroll gains in the second quarter were again concentrated primarily in the commodity-producing industries,
where they were not only much larger than in the first quarter
but also much more widely distributed. In the earlier
period, durable-goods manufacturing wages were almost
entirely responsible for payroll expansion in these industries.
They continued to increase in the second quarter—by almost
twice as much as in the first—and remained the most important single advancing element. Other components, however,
also participated on a substantial scale in the second-quarter
increase. Chief among these were wages and salaries in
contract construction, which reflected the swelling volume of
building activity, and in mining, where work stoppages in
the bituminous coal pits had depressed the first-quarter
total. As the step-up in manufacturing production became
more widespread, factory wages in the nondurable-goods
industries also shared in the advance, though to a much
lesser extent than in the durable segment.
Distributive industry payrolls rose in the second quarter
by about the same amount—$% billion—as in the first.
Railroad wages, reflecting expanding freight operations, were
the most important single element in this movement, although the continued expansion of retail trade was also a
bolstering factor. A further moderate increment in wages
and salaries came from service establishments, while Government payrolls showed little change from the first quarter.
To place these wage and salary trends in proper prospective, it should be observed that the sectors showing the
greatest expansion this year have been, in general, those
which w^ere most sharply affected in the 1949 downturn.
Thus, despite the recent advances, manufacturing, mining,
and railroad payrolls for the second quarter remained somewhat lower than in the latter half of 1948, although in manufacturing the June figure again approximated peak months
of that year. In the trade and service industries, on the
other hand, where activity was much better sustained in
1949, this year's gains have carried payrolls to new highs, as
have those in contract construction.
Effects of private pension plans
Apart from higher wage payments, compensation of employees in the second quarter was bolstered to the extent of
about $}£ billion (at annual rates) by new or increased employer contributions to private pension funds. Such contributions, which are included as other labor income in supplements to wages and salaries, were significantly reinforced
during the first half of 1950 by the rapid spread of pension
plans. Establishment of new company-financed plans in the
automobile industry was especially noteworthy, as was the
negotiation of a 50 percent increase in the operators' contributions to the Mine Workers' Welfare fund.
August 1950
Proprietors' income steady
Total proprietors' and rental income, at a rate of just under
$41% billion annually in the June quarter, was fractionally
below that of the preceding quarter. A relatively poor
showing of farm proprietors' and rental income held down
the total, as nonfarm business and professional earnings continued to rise at about the first-quarter rate.
Increases in the nonagricultural sector pervaded all major
components of the series, reflecting the broadly based character of the continued upswing in economic activity. Effects
of the larger dollar volume of retail trade upon incomes of
entrepreneurs in that field were responsible for largest absolute gains, but more impressive proportionate advances were
recorded in manufacturing and construction. Proprietors in
wholesale trade and in the service industries also shared in
the generally favorable trend.
The decline in farmers' earnings stemmed primarily from
a considerably more than seasonal drop in the volume of
crops marketed during the second quarter, when such marketings fell below the quantities reported for the corresponding quarter of any recent year. The factors responsible for
this development are not clear, and caution in interpretation
is dictated by the uncertainty of seasonal adjustments in
this area. The physical volume of farmers' livestock sales
was also less, on a seasonally adjusted basis, than in the first
quarter, but much of this decline was offset by higher livestock prices.
Other elements of personal income
The flow of personal interest income and dividends remained substantially unaltered in the second quarter.
Dividends were considerably larger than a year ago, but the
rising trend of distributions to stockholders appears to have
flattened out recently.
The unusual decline in transfer payments from the first to
the second quarter reflected the concentration during the
former period of the National Service Life Insurance refunds.
The tapering off and approaching completion of these disbursements during the June quarter have been described
above.
Among the other components of Government transfer
payments, two movements of opposite direction and roughly
equal size tended to cancel out in the total. Unemployment
compensation benefits, mirroring the effects of expanding
economic activity upon employment, receded by more than
$K billion from the first-quarter annual rate. On the other
hand, State veterans' bonus payments, led by a large program
initiated in Pennsylvania in March, rose by a similar amount.
Disposition of personal income
Federal withholding taxes, being closely linked to wage
and salary disbursements, moved upward with payrolls in the
second quarter, adding about $/£ billion, at annual rates, to
personal tax payments. Disposable income, accordingly,
dropped somewhat more than total personal income as the
bulge created by the N. S. L. I. dividends was reduced in the
June quarter. If the veterans' insurance payments are
excluded from the series in both quarters of this year, there
remains an increase of $4^ billion, at annual rates, in disposable income from more permanent sources.
The fact that consumption expenditures did not rise
commensurately suggests that there has been some recovery
from the low rate of personal saving prevalent in the latter
half of 1949, apart from the special influence of the veterans'
insurance dividends. Total personal saving, including that
made possible by receipt of N. S. L. I. checks, was at an
annual rate of $11 billion in the second quarter, as compared
with $15K billion in the first and $6 billion in the final quarter
of last year.
By CHARLES F. SCHWARTZ AND
R. E. GRAHAM, JR.
Be cause of wide r<3gional differences in the
re ative importance3 of agriculture
REGION
0
AGRICULTURAL INCOME AS A PERCENT
OF TOTAL INCOME, 1948
10
20
30
40
i
i
i
50
UNITED STATES
NORTHWEST
SOUTHEAST
SOUTHWEST
State
Income Payments
in 1949
CENTRAL
FAR WEST
NEW ENGLAND
MIDDLE
EAST
i
i
i
an d because of Icirge regional fluctuations in
A(3RICULTURAL INCOME
REGION
-30
PERCENT CHANGE, 1948 TO 1949
-20
-10
0
+10
i
UNITED STATES
+20
i
E^^^^^
•••••^L—i
,-=q^^
SOUTHEAST
SOUTHWEST
FAR WEST
NEW ENGLAND
MIDDLE
i
EAST
la st year's region al movements in
T OTAL INCOME
REGION
-30
PERCENT CHANGE, 1948 TO 1949
-20
-10
0
+10
UNITED STATES
+20
W
NORTHWEST
SOUTHEAST
SOUTHWEST
CENTRAL
FAR WEST
NEW ENGLAND
MIDDLE EAST
\
.1
1
jre significantly different from those in
N ONAGRICULTURAL INCOME.
W£
REGION
-30
PERCENT CHANGE, 1948 TO 1949
-20
-10
0
-HO
!
UNITED STATES
NORTHWEST
SOUTHEAST
SOUTHWEST
CENTRAL
FAR WEST
NEW ENGLAND
MIDDLE EAST
u.
1
r
S. DEPARTMENT OF COMMERCE, OFFICE OF BUSINESS ECONOMICS
+20
5O-24O
J.NCOME payments to individuals declined in 34 States
in 1949—a year marking a moderate downward adjustment
in postwar economic activity and an abatement of inflationary pressures. In seven States the flow of income to individuals was stable from 1948 to 1949, and in only eight were
there further upward movements from the record highs
established in 1948.
In the continental United States as a whole,, the total income received by individuals declined 2 percent from 1948
to 1949—from $202 billion to $198 billion. By far the best
regional showing was made by the Southwest, where income
payments increased 5 percent. Aggregate income was maintained at the 1948 level in the Far West, but declined in the
other five regions of the country.
In the Middle East total income was down 1 percent in
1949, and in New England the decline was 2 percent, about
the same as that occurring nationally. Income payments in
1949 were 3 percent less than in 1948 in the Southeast. The
largest declines—5 and 7 percent, respectively—occurred in
the Central and Northwest regions.
Among the individual States, the largest gains were made
by New Mexico (8 percent) and Texas (6 percent). In
Delaware, the District of Columbia, Florida, and Louisiana
income payments rose 5 percent from 1948 to 1949. At the
other end of the scale, aggregate income declines ranging from
11 to 22 percent were sustained by the important farm
States of Nebraska, Montana, Iowa, Mississippi, North
Dakota, and South Dakota.
Despite the considerable divergence that characterized the
1948-49 State income changes, regional patterns are clearly
evidenced. In seven of the eight States of the Far West and
Southwest, total income either declined less than the national
average or actually increased. (See table 1.) The same
was true with respect to six of the seven Middle Eastern
States. And in 13 of the 17 States comprising the Central
and Northwestern areas, income payments declined by a
larger percentage than in the country at large.
For the United States as a whole, per capita income payments (total income divided by total population) were $1,330
in 1949—a decrease of 4 percent from the $1,387 average for
1948, but higher than in any other year. On a regional
basis, per capita income payments declined from 1948 to
1949 in all parts of the Nation except the Southwest. There,
average incomes increased 5 percent. In the Southeast, Far
West, Middle East, and New England, the declines paralleled
the national movement. In the Central and Northwest
regions they were as much as 6 and 10 percent, respectively.
This article continues the series of reports on State income
payments which have been published annually in the SURVEY
OF CURRENT BUSINESS. It presents estimates for each State
and the District of Columbia of total and per capita income
NOTE.—MR. SCHWARTZ AND MR. GRAHAM ARE MEMBERS OF THE
NATIONAL INCOME DIVISION, OFFICE OF BUSINESS ECONOMICS.
11
12
SUE YE Y OF CURRENT BUSINESS
payments for 1949. Also included in the report are revised
estimates of total income payments for 1946-48 and of per
capita income payments for 1940-48. For convenience, the
estimates of both total income and per capita income are
published here for all years of the 1929-49 period. They
are shown in tables 7 and 8, respectively.
The revisions of total income represent adjustments to
revised national totals and incorporate better and more
complete State data that became available in the past year.
The revisions of per capita income stem, additionally, from
the use of revised State population estimates. Unofficial
population estimates furnished by the Bureau of the Census,
taking into account the preliminary counts from, the 1950
Census of Population, were used in the preparation of these
improved per capita income estimates for the period since
1940.
Developments on National Scale
August 1050
income paid out to individuals by Federal, State, and local
governments increased 10 percent in 1949 over 1948. Expansions in government payrolls and transfers to individuals
were elements of the generally supportive influence of governmental operations and policies on the economy in 1949.
State Income Changes from 1948 to 1949
Of the foregoing and other national economic developments in 1949, the sharp decline in farm income had the
largest effect on the State distribution of income payments.
This can be traced, at least in summary fashion, from the
chart on the opposite page and from the data shown in tables
2 and 5.^
A major fact in this regard is the strong influence of farm
income declines on the general income stream throughout
the Nation in 1949. In 44 States and in 6 of 7 regions,
agricultural income moved downward from 1948 to 1949.
In three-fourths of the States and all 6 regions of decline,
Prior to a further discussion of State income payments in
the drop was 15 percent or more. Only in Florida and the
1949 as compared with those in previous years, a summary
Southwestern States of Texas, New Mexico, and Arizona
picture of developments on a national scale should prove
were there counter, rising movements of agricultural income.
useful. These developments strongly influenced the 1949
Although the Nation-wide drop in farm income is imprinted
geographic income distribution, although regional differences
clearly on the 1948-49 geographic income changes, its impact
in economic structure and pace of activity considerably modiin the various States and regions was far from uniform. As
fied the impact of national economic forces.
depicted regionally in the chart, this stemmed from two
The gradual unfolding of last year's business recession was
facts: (1) The role of agriculture in the State and regional
watched with great apprehension. But, in retrospect, it
economies is very unequal, and (2) geographic rates of change
is evident that moderateness was its outstanding feature.
in farm income from 1948 to 1949—though mainly declines
Over the course of the downward adjustment, confined largely
of sizable magnitude—were markedty divergent.1
to the first half of the year, the gross national product
These varying rates were the net composite of a myriad of
dropped by an annual rate of $12 billion, or 4 percent; but
factors, national and local, affecting farm production, prices,
for the year as a wiiole the market value of national output,
and expenses but reflected in broad outline the differing
at $256'billion, was only $3.5 billion below the record annual
regional impact of sharp declines in the value of wheat, corn,
total for 1948.
The decline in value of total production from 1948 to and oats production, the comparative maintenance of income
from livestock production, stability in value of cotton pro1949 reflected a substantial drop in inventory investment
duction, and a moderate increase in the value of output of
demand, with aggregate sales in the economy showing a
moderate increase. In 1948, when business stocks were citrus fruits. Even this qualified generalization, however,
suggests an undue degree of uniformity, as witnessed by
still rising to meet postwar requirements, there was a high
declines in the value of cotton production in Mississippi and
rate of inventory accumulation. Last year, when backlog
other Southeastern States and sharp increases in Texas,
needs largely had been filled and the passage of postwar
Arizona, New Mexico, and California.
inflation made advisable more cautious inventory policies on
In the New England and Middle Eastern States farm
the part of businessmen, there was an appreciable liquidaincome amounts, on the average, to only 2 percent of total
tion of inventories. The over-all stability of aggregate sales
income, so the 1949 drop in agricultural income had little
within 1949—highlighted by the remarkable firmness of
effect on the movement of aggregate income payments. But
consumer purchases of goods and services—mitigated the
in a number of Northwestern, Central, and Southeastern
impact of the inventory recession and led to a stabilization
States, where the direct proportion of income payments in
of activity in the second half of the year.
1948 accounted for by agriculture varied between 25 and 50
The character of last year's downturn in business activity
percent, farm income was reduced by one-third to one-half
was such that it struck rather hard at certain segments of
and materially depressed the general income stream. These
the economy, notably manufacturing and agriculture, but
States are North Dakota, South Dakota, Nebraska, Montana,
left others largely untouched. Total income originating in
Minnesota, Iowa, Mississippi, and Arkansas. In the Southmanufacturing declined $4/£ billion, or 7 percent, from 1948
western States, the role of agriculture was unique in that it
to 1949. This industry produces the bulk of inventory
contributed to total-income expansion from 1948 to 1949.
goods held in the economy and is in a particularly sensitive
The foregoing summary is intended simply as part explanaposition with respect to business inventory policies. A detion and documentation of the most important aspect of the
cline of similar dollar magnitude—and amounting in relative
1948-49 changes in State income payments: the marked
terms to more than one-fifth—occurred in agriculture. This
differences between movements in total income and nonfarm
was mainly a consequence of sharply lower farm prices,
income. As shown in the chart, these movements were
which were affected adversely by accumulating supplies and
significantly different in all regions except New England and
some lessening of foreign demand. The total physical volthe Middle East.
ume of farm production in 1949 was of near-record pro1
Net income of farm proprietors (the major component of total agricultural income) is
portions.
derived by deducting farmers' production expenses from their gross income. Since a measure
of current income, not net receipts, is desired, gross income includes an adjustment (plus or
In the trade, distribution, services, and construction
minus) to cash income for the value of change in farmers' inventories of crops and livestock.
sectors of the economy, however, activity was maintained or
Geographic movements in gross income from current production (the measure obtained by
including the value of inventory change) have tended to differ markedly from those in gross
increased in 1949. This was a broad reflection of the comcash income, and this was particularly true in recent years. It may be noted that the inventory adjustment in farm income has a general counterpart in nonfarm proprietors' income, the
bined strength of consumer purchases and of business investdefinition of which calls for cost of goods sold—not simply purchases—to be deducted from
ment demand other than for inventories. Further, the total
total receipts to arrive at net income.
SUEVEY OF CURRENT BUSINESS
August 1950
In contrast to the general pattern of decline in total
income payments, total income from nonfarm sources in 1949
held up on a Nation-wide basis, actually increased in four
regions, and declined only 1 percent in the three other
regions. The broad maintenance of the flow of nonfarm
income throughout the Nation last year is further attested
by the fact that in 43 States the 1949 total was within 2
percent of, or actually exceeded, the 1948 record highs.
This important generalization concerning the over-all
performance of the nonfarm economy is based on national,
region-wide, and State-wide data summarizing the varied
movements of income payments from many different sources.
It will be recognized that the data consequently do not reveal
the severe effect of last year's business downturn in specific
local areas and on certain income groups.
Changes in private nonagricultural income
The major part of geographic differences in income movements from 1948 to 1949 stemmed from agriculture, but there
was considerable irregularity also in the flow of government
income payments (the total of wages and salaries, interest,
social insurance benefits, and other types of income disbursements to individuals by Federal, State, and local agencies).
Particular reference should be made to the irregularity stemming from disbursements in a number of States in either
1948 or 1949 of State government bonuses to veterans of
World War II. Such disbursements account for the large
increases in government income payments shown for Delaware, Louisiana, Iowa, North Dakota, and South Dakota
and the decline, or smallness of increase, in New York,
Illinois, and Ohio.
13
Because of the considerable irregularity characterizing
geographic movements in farm income and government
income payments, private nonagricultural income is one of
the most significant available measures of changes in regional
economic activity. It eliminates from total income the direct
effects of such random, short-run influences as weather,
sharp variations in farm prices, and disbursements of veterans' bonuses. These tend to obscure developments occurring in the private nonfarm economies of the States and
regions.
As shown in table 2, total income from private nonagricultural sources increased 1 percent from 1948 to 1949 in the
Northwest and was stable in the Southwest, but went down
in the other five regions. Declines were as much as 3 percent
in the Central States and 4 percent in New England.
These differences, together with the wider variations obtaining on a State basis, reflect chiefly the uneven geofraphic impact in 1949 of reduced manufacturing activity,
n New England, where private nonfarm income declined in
all six States more than nationally, manufacturing payrolls
constituted 32 percent of all income in 1948 and dropped
11 percent last year. These percentages were the largest
of any region. In the Central region, the decline in factory
payrolls, 6 percent, was no larger than average but, again,
manufacturing is relatively large as a source of income. In
the Northwest and Southwest factory payrolls actually
increased from 1948 to 1949. Even had they declined,
however, in conformity with the national pattern, the effect
would have been relatively small since manufacturing is
only two-fifths as important a source of income in these
areas as in the country at large.
PER CAPITA INCOME PAYMENTS
TO INDIVIDUALS, 1949
\%%A $1,000 TO $1,249
fcfeffi UNDER
$1,000
UNITED STATES
$1,330
U. S. DEPARTMENT OF COMMERCE, OFFICE OF BUSINESS ECONOMICS
50-243
SURVEY OF CURRENT BUSINESS
14
August 1950
Table 1.—Percent Distribution of, and Relative Changes in, Total Income Payments, by States and Regions, Selected years, 1929-49
Percent distribution
Percent change
State and region
1929 to
1949
1940 to
1949
100.00
+139
+160
+29
+16
+9
-2
+6.71
1.63
.51
3.49
.31
.57
.20
+95
+120
+124
+82
+106
+93
+85
+116
+127
+133
+108
+131
+119
+114
+24
+19
+14
+27
+45
+16
+32
+12
+14
+9
+11
+14
+12
+8
+6
+5
+8
+7
+6
+6
+4
-2
-3
-5
0
-2
-2
-5
27.99
.27
.97
1.56
3.55
13.33
7.33
.98
+99
+148
+201
+179
+115
+82
+97
+143
+127
+126
+112
+152
+124
+123
+132
+ 154
+30
+34
+26
+20
+20
+35
+29
+40
+14
+25
+11
+13
+13
+14
+15
+17
+8
+9
+5
+8
+8
+9
+8
+11
-1
+5
+5
0
0
-1
-2
-8
13.76
1.23
.79
1.39
1.48
1.27
1.25
.76
1.70
.83
1.46
1.60
13. 71
1.17
.73
1.49
1.48
1.25
1.34
.67
1.70
.80
1.45
1.63
+212
+188
+157
+324
+206
+157
+207
+142
+247
+262
+216
+226
+200
+203
+193
+228
+197
+181
+213
+197
+196
+191
+208
+186
+24
+17
+24
+21
+21
+35
+29
+8
+32
+23
+23
+22
+14
+11
+7
+15
+13
+15
+30
+10
+11
+12
+12
+14
+9
+8
+16
+6
+6
+12
+13
+11
+7
+11
+7
+9
-3
-7
-9
+5
o
-4
+5
-14
-3
-6
-3
6.22
.39
.30
1.15
4.38
6.16
.41
.30
1.14
4.31
6.61
.42
.34
1.16
4.69
+215
+242
+313
+113
+247
+234
+254
+250
+177
+249
+37
+42
+56
+24
+39
+29
+30
+36
+19
+31
+8
+15
+10
+8
+7
+5
0
+8
0
+6
28.09
7. 11
2.53
1.74
4.38
1.84
2.56
5.69
2.24
28.35
7.18
2.58
1.56
4.61
1.85
2.48
5.80
2.29
29.20
7.41
2.66
1.87
4.52
1.92
2.58
5.95
2.29
28.40
7.14
2.58
1.67
4.56
1.82
2.56
5.79
2.28
+132
+100
+172
+145
+154
+150
+129
+133
+143
+159
+146
+174
+168
+163
+153
+164
+157
+177
+33
+37
+29
+42
+24
+47
+38
+28
+35
+17
+16
+18
+11
+20
+14
+16
+18
+18
+12
+13
+13
+31
+7
+13
+14
+12
+9
-5
-6
4.99
.81
.34
1.23
.37
.87
.37
.40
.42
.18
4.95
.81
.36
1.17
.39
.86
.36
.40
.41
.19
5.30
.88
.36
1.29
.43
.84
.47
.42
.41
.20
5.23
.85
.36
1.17
.44
.91
.43
.46
.40
.21
4.98
.86
.36
1.16
.40
.84
.36
.37
.42
.21
+150
+169
+207
+130
+142
+116
+166
+155
+203
+172
+192
+189
+ 205
+203
+145
+191
+197
+203
+211
+177
+29
+47
+32
+15
+41
+23
+25
+28
+28
+54
+16
+23
+16
+15
+18
+12
+14
+9
+19
+27
+8
+6
+10
12.00
8.83
.14
1.06
1.97
11.90
8.88
.14
1.04
1.84
11.66
8.66
.14
1.08
1.78
11.35
8.40
.14
1.06
1.75
11.60
8.61
.14
1.06
1.79
+227
+226
+274
+247
+220
+208
+203
+201
+231
+221
+21
+24
+30
+25
+9
+13
+12
+16
+18
+12
+6
+6
+9
+7
+7
1929
1940
1944
1945
1946
1947
1948
100. 00
100.00
100.00
100.00
100. 00
100.00
100.00
8.22
1.77
.54
4.58
.37
.70
.26
8.07
1.87
.57
4.36
.35
.67
.25
6.99
1.76
.57
3.55
.28
.63
.20
6.90
1.66
.55
3.57
.30
.61
.21
6.92
1.64
.54
3.62
.32
.58
22
6.82
1.69
.53
3.48
.32
.58
.22
6.65
1.63
.52
3.41
.31
.57
.21
Middle East _
Delaware
District of Columbia. ..
Maryland
New Jersey _
...
New York
Pennsylvania.
West Virginia
__
33.70
.26
.77
1.34
3.96
17.53
8.88
.96
32.06
.31
1.19
1.61
4.14
15.60
8.21
1.00
27.68
.26
.99
1.68
3.81
12.73
7.31
.90
27.96
.25
1.03
1.61
3.69
13. 13
7.30
.95
28.31
.25
1.01
1.59
3.62
13.51
7.37
.96
27.90
.25
.94
1.54
3.53
13.23
7.39
1.02
27.65
.25
.90
1.52
3.48
13.16
7.31
1.03
Southeast
Alabama
Arkansas
Florida
Georgia __ __
Kentucky
Louisiana..
Mississippi _ . .
North Carolina
South Carolina
Tennessee..
_____
Virginia __
10.51
.97
.68
.84
1.16
1.17
1.04
.66
1.17
.53
1.10
1.19
11.93
1.01
.65
1.19
1.30
1.16
1.12
.58
1.49
.72
1.22
1.49
14.29
1.29
.76
1.59
1.58
1.20
1.33
.80
1.65
.84
1.52
1.73
14.41
1.31
.79
1.60
1.58
1.25
1.28
.78
1.69
.84
1.59
1.70
13. 90
1.22
.79
1.49
1.52
1.25
1.19
.70
1.76
.83
1.49
1.66
13.75
1.24
.74
1.43
1.52
1.24
1.20
.74
1.74
.81
1.48
1.61
5.03
.30
.19
1.31
3.23
5.15
.31
.25
1.09
3.50
6.21
.39
.28
1.21
4.33
6.09
.38
.29
1.17
4.25
5.93
.38
.29
1.13
4.13
29 32
8.52
2.27
1.63
4.29
1.75
2.67
5.95
2.24
28.56
7.57
2.45
1.63
4.51
1.88
2.52
5.86
2.14
27.55
6.72
2.58
1.51
4.73
1.60
2.39
5.85
2.17
27.65
6.90
2.62
1.56
4.39
1.72
2.44
5.80
2.22
4.75
.77
.28
1.20
.39
.92
.32
.35
.33
.19
4.44
.78
.31
1.00
.42
.75
.31
.32
.35
.20
4.98
.75
.35
1.30
.36
.88
.37
.37
.42
.18
8.47
6.31
.09
.73
1.34
9.79
7.39
.12
.83
1.45
12.30
8.96
.14
1.09
2.11
Continental United States..
New England
Connecticut
Maine
Massachusetts
New Hampshire
Ehode Island
Vermont __
. __
__
SouthwestArizona. _ __
New Mexico
Oklahoma _ _ ._
Texas
Central
Illinois
Indiana..
lowa
.___ ___ _ _ _ _
Michigan
Minnesota __
Missouri
Ohio__ _
Wisconsin..
_ _
Northwest
_______
Colorado
Idaho. _ _ _
Kansas
Montana
Nebraska
_ _ _ _
North Dakota
South Dakota
Utah
Wyoming
Far West
California...
Nevada
Oregon
.. ._ _
Washington
_
_ _ ... _
1949
1944 to
1949
1946 to
1949
1947 to
1948
+13
+19
-1
+22
+8
+11
1948 to
1949
— 13
-2
—7
-3
-5
-3
-7
-2
-4
-3
-12
-11
-18
-22
+1
+1
0
0
-1
-2
0
i Computed from data shown in table 7.
Source: U. S. Department of Commerce, Office of Busines; Economics.
A striking feature of the geographic flow of income payments in 1949 was that in all States and regions income from
trade and service activities was maintained near the record
1948 levels. This is further evidence that regionally, as well
as nationally, reduced economic activity in 1949 was confined
to a few industrial sectors.
Shifts in the regional income distribution
Data shown in tables 1 and 3 afford comparisons of State
and regional income payments in 1949 with those in earlier
periods. Three years which provide particularly significant
bases for comparison are 1929, 1940, and 1946.
Long-term trends, 1929-49
Changes in the geographic distribution of income from
1929 to 1949—two prosperous, peacetime years spanning a
two-decade period—provide measures of the long-term tendency for income payments in the various States and regions
to grow or decline in relation to the Nation. Table 6 contains
formal trend measures of this sort. It is intended for use in
conjunction with the September 1948 SURVEY OF CURRENT
BUSINESS article on Regional Trends in Income Payments,
which presented and analyzed trend measures based on a
comparison of estimates for 1929 and 1947.2
From 1929 to 1949 there was a pronounced relative shift
of income from the New England and Middle Eastern States
to the South and West. The share of the Nation's total income payments to individuals received by the New England
and Middle Eastern regions declined from 42 percent in 1929
to 35 percent in 1949. The proportion of all income received
by the Southeast, Southwest, Northwest, and Far West increased from 29 to 37 percent. The share of the populous
Central region changed little, from 29 to 28 percent.
As compared with the Nation-wide increase of 139 percent
in the dollar volume of individual incomes from 1929 to
1949, there were expansions of 227 percent in the Far West,
215 percent in the Southwest, 212 percent in the Southeast,
and 150 percent in the Northwest. The combined rate for
2
The trend picture is not significantly changed through use of the 1949 data, but probably
is somewhat improved for a number of the predominantly agricultural States. As noted in
the September 1948 article, the measurement of income trends for farm States by the method
proposed is subject to considerable qualification. The volatility of farm income stemming
from large short-term fluctuations in prices and output renders the use of two single-year
reference points an uncertain procedure. However, 1949 probably was a better year for this
purpose than 1947, when there was a short corn crop and bumper wheat crop and farm prices
generally were exceptionally high.
SURVEY OF CURRENT BUSINESS
August 1950
Table 2.—Percent Changes, 1948 to 1949, in Total Income Payments
and Selected Components, by States and Regions
Gov- Private Trade
Manuand
Total Agri- Nonernnonculincome tural agricul- ment agricul- service facturin- 4 ing pay
tural income tural
Payinrolls
come
ments come ! income pay- 2
inments come 3
State and region
-i
-6
Continental United States
-2
-22
0
+ 10
-2
New England
Connecticut
Maine _ .
Massachusetts
New Hampshire
Rhode Island
Vermont _
-2
—3
—5
0
2
—2
-5
-15
—5
—19
—13
—8
—13
—27
-1
—3
—4
0
_2
2
+15
+17
+7
+10
+14
4-16
+12
—4
—5
-6
-3
—4
—6
—4
-3
0
2
2
—2
-11
-14
-10
-8
11
-12
-12
Middle East
Delaware. _ _
Dist. of Columbia
Maryland _
New Jersey
New York _
Pennsylvania
West Virginia
-1
+5
+5
0
0
—1
— 18
-9
—1
+7
+24
+7
+17
+12
+2
+12
+14
—2
+5
4-4
-2
—2
—1
—4
— 10
0
+2
+3
-1
+1
0
0
2
-6
+7
+5
-6
-6
-5
-7
—7
—2
-5
-1
2
—1
0
—2
1
+2
—2
0
—1
0
—1
-5
-9
-5
-6
—4
—2
—7
-12
-6
-5
-5
-2
_ _.
—8
Southeast
Alabama.-..
Arkansas
Florida
Georgia
Kentucky
Louisiana
Mississippi
North Carolina
South Carolina
Tennessee
Virginia
Southwest__
Arizona
New Mexico
Oklahoma
Texas
_ _
_ _
Central
Illinois
Indiana
Iowa
Michigan
Minnesota
Missouri
Ohio
Wisconsin
Northwest
Colorado
Idaho
Kansas .
Montana
Nebraska
_
North Dakota
South Dakota
Utah
Wyoming
—9
— 14
-24
—17
— 18
9
+6
+5
+1
0
—1
—2
0
o
-9
+5
—2
—4
-f5
—14
-3
—6
-3
—1
—21
-29
—31
+37
—20
—18
—16
—41
— 16
—28
—19
—21
+1
-3
+1
+2
+8
+1
+1
—1
0
+2
+13
+8
+11
+11
+14
+11
+35
+10
+14
+5
+10
+10
+5
0
+8
0
+6
+17
+8
+12
— 12
+28
+3
—1
+8
+3
+2
+12
+10
+14
+10
+13
0
—4
+6
+1
0
0
-4
0
—2
+1
+1
-4
+9
-2
+2
-32
—38
-33
39
— 19
—35
-28
-28
—20
-1
-3
-2
—2
2
—1
3
—2
-6
-8
0
+6
—2
+15
4-25
+11
+12
+8
0
+12
-33
— 17
— 19
-24
—44
-34
—45
-49
—8
q
+4
+2
+4
+4
+5
+2
+10
+6
+2
+4
+12
+9
+11
+12
+12
+6
+31
+24
+6
+14
+1
+3
+2
+4
+1
+4
+2
+1
+2
+2
2
0
0
+1
+2
-15
—11
— 13
—22
—24
+1
-fl
+1
0
+2
+15
+14
+16
+16
+18
—2
—2
—1
-2
—2
2
—2
—1
—2
—1
—3
-5
-6
-5
— 13
—2
—7
-3
-5
-3
-7
—2
—4
o
_
-12
-11
,_
-22
+1
+1
— 18
Far West
California
Nevada
Oregon
Washington
0
0
2
0
-fl
—1
o
—1
+4
—1
-fl
+1
-3
9
0
—2
—4
+2
9
—2
0
-3
—1
o
-3
o
—2
i
0
-4
—2
o
-1
—1
-1
—2
-i
o
3
-2
-1
-9
-7
+3
—2
+2
+7
+2
+1
+1
-i
+5
+2
2
-2
—9
-8
—2
1
Consists of net income of farm proprietors (including value of change in inventories of crops
and livestock), farm wages, and net rents to landlords living on farms.
2
Consist of pay of State and local and of Federal civilian employees, net pay of the armed
forces, family-allowance payments to dependents of enlisted military personnel, voluntary
allotments of military pay to individuals, mustering-out payments to discharged servicemen,
veterans' benefit payments (consisting of pensions and disability compensation, readjustment
allowances, self-employment allowances, cash subsistance allowances, State government
bonuses to veterans of World War II, cash terminal-leave payments and redemptions of terminal leave bonds, adjusted compensation benefits, military retirement payments, and interest
payments by Government on veterans' loans), interest payments to individuals, public assistance and other direct relief, and benefit payments from social insurance funds.
3
Consists of total income payments minus agricultural income and Government income
payments.
4 Consists of wages and salaries and proprietors' income.
Source: U. S. Department of Commerce, Office of Business Economics.
these four regions of the South and West, 207 percent, was
twice as large as the increases recorded for the Middle East
and New England—99 and 95 percent, respectively.
In dollar volume, income payments in the 2 Northeastern
regions increased from 35 billions in 1929 to 69 billions in
1949. For the 4 Southern and Western regions the increase
over this period was from 24 billions to 73 billions.
Despite the long-term relative downtrends of income
payments in the Middle East and New England, these two
populous, high average-income areas still accounted for
more than one-third of the Nation's total income in 1949.
The relative income declines of these two areas, it should be
15
noted, reflect in large measure the industrial, commercial,
and population growth of the newer and less developed parts
of the country. A tapering in this rate of growth would make
the forces underlying the relative shift of income to the
South and West less strong in the future than they were in
the past.
Three characteristics of the regional income trends furnish
evidences of their underlying strength and pattern.
(1) The regional trends exhibit pervasiveness, in the sense
that there has been a strong tendency for the direction of
trends in individual States to correspond with that for the
particular region in which they are located. The regional
trends are not merely a conglomerate averaging of differing
State trends.
(2) The regional trends observed by comparing the 1929
and 1949 income distributions developed and prevailed over
the two periods 1929-40 and 1940-49. Continuity of
pattern between these two fundamentally different periods
is clearly evidenced.
(3) Analysis of the main industrial sources of the relative
gains or declines in regional incomes shows that manufacTable 3.—Percent Changes, 1946 to 1949, in Total Income Payments
and Selected Components, by States and Regions
Gov- Private Trade
ernnonTotal Agri- Nonand Manuculincome tural agricul- ment agricul- service facturtural
payin- l ing payin- ! income income tural
inments come
payrolls
ments ! come i come
State and region
+18
+10
+20
+16
+20
+12
+15
+9
+12
+15
+12
+13
+11
+23
+5
+7
+20
+16
+20
+13
+13
+10
+13
+14
+11
+11
+16
+18
+11
+16
+18
+14
+16
+7
+4
+11
+9
+8
+5
+3
-12
-14
-24
-13
-15
+15
+27
+11
+14
+14
+15
+16
+20
+6
+13
+2
+5
—3
+14
i
+2
+17
+29
+20
+17
+18
+15
+19
+23
+17
+19
+19
+14
+20
+16
+17
+22
+15
+36
+29
+10
+13
+11
+24
+26
+14
+11
+7
+15
+13
+15
+30
+10
+11
+12
+12
+14
-6
—4
-2
—1
-5
-6
+23
+17
-18
-27
-8
-11
+18
+13
+10
+18
+16
+20
+31
+7
+20
+21
+16
+17
+8
+8
+7
+10
+4
+21
+17
+14
+21
+18
+24
+29
+11
+23
+27
+18
+22
+16
+13
+8
+17
+14
+19
+17
+7
+19
+17
+16
+17
+26
+25
+33
+14
+23
+34
+30
0
+27
+38
+18
+32
+29
+30
+36
+19
+31
+56
+57
+51
+11
+71
+25
+25
+33
+21
+25
+10
+24
+21
+ 10
+8
+29
+26
+38
+25
+29
+18
+17
+25
+11
+19
+41
+46
+14
+34
+43
+17
+16
+18
+11
+20
+14
+16
+18
+18
-11
-11
—8
-17
-10
—11
-6
-10
—12
+20
+18
4-21
+26
+22
+21
+19
+19
+23
+12
+9
+8
+31
+9
+14
+3
+14
+18
+22
+20
+24
+25
+24
+23
+23
+20
+24
+17
+18
+15
+20
+16
+17
+15
+18
+17
+25
+19
+32
+41
+31
+25
+30
+20
+27
+16
+23
+16
+15
+18
+12
+14
+9
+19
+27
—7
+22
—1
—7
-14
—6
-16
—21
+5
-5
+25
+24
+25
+21
+32
+20
+40
+34
+21
+39
+15
+18
+11
+8
+21
+8
+45
+33
-3
+42
+28
+25
+29
+25
+35
+23
+38
+34
+30
+38
+19
+21
+14
+16
+27
+15
+26
+25
+16
+28
+40
+30
+49
+41
+44
+31
+42
+45
+68
+45
+13
+12
+16
+18
+12
-22
—22
+36
-16
-28
+17
+16
+16
+23
+18
+18
+20
+12
+26
+8
+16
+15
+16
+22
+21
+9
+8
+14
+16
+10
+21
+19
+26
+30
+27
Continental United States
+16
New England-- _
_
Connecticut
Maine
Massachusetts
New Hampshire.
Rhode Island
Vermont__ _
+12
+14
+9
+11
+14
+12
+8
Middle East
Delaware
._. _ _ _ _ _ _
District of Columbia
Maryland-- _ _ _ _
New Jersey
New York__ _.
Pennsylvania
West Virginia
+14
+25
+11
+13
+13
+14
+15
+17
-17
-1
Southeast
_
Alabama
Arkansas
_
Florida
Georgia
Kentucky
Louisiana
Mississippi
North Carolina
South Carolina
Tennessee
Virginia
Southwest
Arizona
New Mexico
Oklahoma
Texas
Central
Illinois
_
Indiana
Iowa
Michigan. _
Minnesota
Missouri
Ohio
_
Wisconsin
Northwest
Colorado _ _
Idaho
Kansas
Montana
Nebraska
North Dakota
South Dakota
Utah
_
Wyoming
Far West
California
Nevada
Oregon. _ __
Washington
1
- _ _
_
_
__
_-
-_
__ ___ _
-5
_5
+9
+5
-12
-4
-7
-23
o
—1
+7
+7
+7
+37
o
For definition see footnotes to table 2.
Source: U. S. Department of Commerce, Office of Business Economics.
SURVEY OF CURRENT BUSINESS
16
turing, agriculture, trade and service, and government have
each contributed materially to the regional shifts in total
income since 1929. The broad regional income trends
thus stem both from governmental flows and from developments in the major industrial segments of the private
economy.
Shifts since prewar 1940
As mentioned in the preceding section, the pattern of
shifts in the geographic distribution of income from 1940 to
1949 was in general conformity with that over the longer
span since 1929.
From 1940 to 1949 total income payments in the continental United States increased 160 percent, from. $76 billion
to $198 billion. The largest relative expansions among the
regions occurred in the Southwest (234 percent), Far West
(208 percent), Southeast (200 percent), and Northwest (192
percent). The smallest increases were in the Middle East
(127 percent) and New England (116 percent). The 159
percent rise recorded for the Central States was in line with
the tendency for the longer-run course of income payments
in this region to follow national movements closely.
REGIONAL PER CAPITA INCOMES AS A
PERCENT OF NATIONAL AVERAGE,
929 AND 1949
e
'/o OF
U. S. IN
% OF
N
U.S.
i<349
19253
15 0
1 50
1 40
1 40
<
13 0
1 30
<
4
^~""" *^~~- ^'OO/ e-
>
.
FAR WESr^"^^44T
4
' 1 20
1 20
^"~~~^--,^
"""I
1 10
11 0
4 1
r
CENTRAL
UNITED
~"~~~ ""--• —--
STATES
H
^
I00<
90
^^^-^^
8 0<
^^^^3&^^
-
90
-
80
70
4
>
^^^--'^ -
60
5 04
> 100
60
—
Regional Incomes in the Postwar Period
Geographic income changes in the postwar period assume
added interest when viewed against the summary background
of the pronounced shifts which have occurred since 1929 and
1940. This is true even though the postwar changes cannot
qualify as measures of trend and have limited significance in
that connection. The income data over the short period
from 1946 to 1949 are too affected by random, temporary
influences to furnish much of a gauge as to the long-run
trends of State and regional income payments.
Data for the comparative analysis of State income payments in 1946 and 1949 are given in table 3. Examination
of these data discloses rather distinct regional patterns,
particularly when attention is focused on the major components of total income. In general, as outlined below, it
would appear that the below-average rise of income payments in the Far West was the major divergence of regional
postwar income movements from long-run trends.
New England
In all three major income aggregates—total income payments, nonagricultural income, and private nonagricultural
income—every New England State experienced a belowaverage rate of increase over the postwar period from 1946
to 1949. Chiefly responsible was the region's relative lag in
manufacturing. It characterized all six States during the
boom years 1947 and 1948 but was particularly pronounced
in 1949.
Factory payrolls were reduced 8 percent last year in Massachusetts, as compared with 6 percent on a national basis.
The 10-14 percent reductions in factory payrolls sustained
by the other New England States were the largest in the
country except for Mississippi's decline of 12 percent.
In only 5 of 20 principal types of manufactures did New
England better the national record from 1948 to 1949 (as
measured by comparative percentage changes in factory payrolls). Payrolls in the area's largest industry, textiles,
dropped 17 percent last year. This industry contributed 19
percent of all factory payrolls in the area in 1948, with the
percentage running as high as 30 in New Hampshire and 44
in Rhode Island. In Connecticut, which places the least
dependence of any New England State on textiles, payrolls
in the 4 industry groups manufacturing machinery and metal
products—constituting half the total—fell by percentages
ranging from 11 to 19.
Since the summer of 1949 the manufacturing situation in
New England has improved appreciably. In June of the
current year total factory employment in the region, though
still 10 percent below the fall 1948 peak, was up 5 percent
over June 1949. This increase was about the same as that
for the Nation.
50
t^~
U. 5. DEPARTMENT OF COMMERCE, OFFICE OF BUSINESS ECONOMICS
Middle East
50-241
State income changes from 1940 to 1949 were strikingly
similar to the pattern of regional changes. Of the 28
States in the 4 Southern and Western regions, all but Montana in the Northwest scored percentage increases in total
income payments from 1940 to 1949 exceeding the national
average. Similarly, in all New England and Middle Eastern
States the income rise was of less-than-average proportions
(though by only a small margin in Maryland and West
Virginia). And most Central States experienced 1940-49
income gains (ranging from 177 percent in Wisconsin to 146
percent in Illinois) roughly similar to the Nation-wide rise
of 160 percent.
August 1950
Over the course of the 1946-49 period, total income payments in the Middle Eastern region rose 14 percent, as compared with the Nation-wide advance of 16 percent. The
region's increases in nonagricultural income and private
nonagricultural income also were somewhat below average.
The Middle East's performance in the postwar period, therefore, was in general conformity with the longer run tendency
for the area not to share proportionately in Nation-wide
income growth.
Numerous factors underlay the postwar over-all record of
this large and heterogeneous area. The most important
would appear to be its comparatively small expansion in
manufactures. This, however, was confined to New York,
New Jersey, and Maryland.
Warranting special note is the fact that in Delaware, the
SURVEY OF CURRENT BUSINESS
August 1 5
00
District of Columbia, and West Virginia income experience
in 1947 and 1948 differed markedly from that in 1949.
1. Delaware's 20-percent income rise in the earlier postwar
period closely paralleled that for the Nation. In 1949,
however, income payments in the State moved up 5 percent,
in contrast to the small decline nationally. This differential
movement stemmed largely from a 10-percent rise in Delaware of payrolls in the chemicals industry, which makes up
half of the State's manufacturing total.
2. From 1946 to 1948 income payments in the District of
Columbia went up by 8 percent—the smallest increase in the
country. Government payrolls, which account directly for
two-fifths of the District's total income, were stable over this
period. In 1949 government payrolls in the District advanced 7 percent, and total income 5 percent.
3. In West Virginia, income payments increased 31 percent from 1946 to 1948 but declined 8 percent in 1949. These
larger-than-average movements stemmed mainly from fluctuations of payrolls in the State's important coal-mining
industry.
Table 4.—Differentials and Relative Changes in Per Capita Income
Payments, by States and Regions, Selected Years, 1929-49 1
Percent of national per capita income
Percent change
State and region
17
Table 5.—Major Sources of Income Payments in Each State and
Region: Selected Components as a Percent of Total Income, 1949
Agricultural
income!
State and region
Government
income
payments 1
Manufacturing
payrolls
Trade and
service
income l
All other
income
Continental United States__
8.0
15.6
22.1
26.7
27,6
New England-. _
Connecticut
Maine
Massachusetts
New Hampshire
Rhode Island.
Vermont _
2.4
2.3
8.4
1.2
3.9
15.8
11.9
17. 1
17.0
15.8
18.3
15.6
29.6
33.8
26.2
2S.2
29.9
32.6
21.8
25.4
23. 3
24. 5
26. 9
24.9
23.9
25.5
26.8
28. 7
23. 8
20. 7
25 f<
24.5
26.7
24.5
31.5
3.2
20.8
32.9
22.0
29.1
19.5
28.6
20.1
28.8
27.3
25. 0
32.2
25.2
21.6
30.0
33. 0
22 8
30. 0
26. 0
30. 6
30. 0
40.7
._
10.4
Middle East
Delaware __ _
District of Columbia
Maryland
New Jersey.
__ .
New York
Pennsylvania
West Virginia
2.0
5.0
3.6
2.1
1.4
2.5
4.6
14.9
10.4
45.2
18.3
13. 4
13.8
13.2
13.6
Southeast
Alabama. __
Arkansas
Florida Georgia
Kentucky
Louisiana.. ._ . . .
Mississippi
North Carolina
South Carolina . ...
Tennessee
Virginia
13.5
12.6
25.5
10.0
11.6
15.6
10.0
24.4
16.4
13.4
11.8
9.1
19.6
19.5
18.3
19.4
18.7
17.5
21.2
21.8
16.7
19.6
18.3
24.4
16.9
20.0
9.9
7.2
18.9
14.0
13.3
10.5
24.9
27.3
20.1
16.6
25.6
24.6
25.1
32.4
27.6
24.5
25.2
24.7
22.7
22.6
26.0
24.3
24.4
23. 3
21.2
31.0
23.2
28.4
30.3
18.6
19.3
17.1
23.8
25.6
Southwest.Arizona
New Mexico.. _ ... _
Oklahoma
Texas
17.5
18.8
16. 5
16.1
17.8
16.7
19.7
21.5
19.9
15.3
9.5
5.2
3.8
8.2
10.6
25.0
25.0
23.9
24.3
25.2
31.3
31.3
34.3
31.5
31.1
Central ._
Illinois
Indiana
Iowa
.
Michigan
Minnesota ._
Missouri
Ohio. .
Wisconsin..
._ . _
8.4
5.7
9.3
26.9
4.3
16.4
11.4
4.4
11.6
12.9
12.3
12.3
14.5
12.7
14.7
14.0
12.8
12.0
28.4
26.6
32.7
13. 3
39.3
15.5
19.1
32.5
28.5
25.2
26.8
24.0
23.2
22.9
26.0
28.4
24.7
24.3
25.1
28.6
21.7
22.1
20.8
27.4
27.1
25. f
23.6
Northwest. ....
Colorado _
Idaho _
.. .. _
Kansas Montana
Nebraska
North Dakota
South Dakota.. .
.
Utah
Wyoming. _ . . _ _ _ _ _ _
22.1
15.0
27.4
19.6
22.4
26. 3
34.5
33.3
10.6
20.0
16.6
19.3
14.4
15.5
15. 5
14.5
17.3
16.8
20.7
16.3
8.5
9.5
9.0
11.5
7.0
8.2
2.2
4,3
9.9
5.5
25.0
26.9
22.6
23.7
24. 9
26.2
25.6
25.3
25.2
22.8
27.8
29.3
26. 6
29.7
30.2
24.8
20.4
20. 3
33.6
35. 4
Far West ...
California
Nevada. ._ __ _ _ _ _
Oregon
Washington
- _ _.
7.1
6.7
10.6
9.3
7.3
18.4
18.4
15. 3
15.2
20. 7
15.2
14.4
3.5
20.1
17.0
29.8
30.5
30.8
28.3
27.2
29.5
30.0
39.8
27.1
27-8
1940
to
1949
1946
to
1949
100
100 +131
+10
-4
105
121
84
106
90
103
83
105 +92
120 +92
82 +118
107 +85
90 +112
105 +95
81 +107
+6
+8
+4
+5
+7
+9
+3
-4
-5
-6
-3
-5
2
-7
116
118
116
117
118 +108
126 +89
+9
+16
-3
+4
128
109
119
134
105
73
125
108
118
130
104
77
124
107
115
130
105
78
137 +67
105 +97
116 +92
132 +103
106 +126
75 +151
+17
+6
+7
+8
+11
+13
+6
-6
-3
2
-3
-8
68
62
59
89
68
65
70
50
64
59
73
82
67
59
60
90
66
64
65
49
66
61
68
79
67
61
58
85
67
64
67
52
66
59
67
79
67
60
62
81
66
66
69
54
64
61
65
78
66
58
58
83
66
65
75
48
64
59
66
78
+174
+186
+208
+134
+176
+181
+180
+212
+170
+173
+176
+133
+9
+8
+7
+2
+10
+12
+27
+8
+7
+7
+6
+8
-4
-7
-10
2
-5
82
85
69
78
84
80
89
71
72
83
78
87
70
70
80
83
87
73
74
86
80
85
72
75
82
88
88
78
80
91
+192
+149
+ 192
+199
+192
+23
+10
+21
+25
+24
+5
Southeast
+4
+3
+6
83
90
110
93
105
116
101
88
115
84
88
111
97
105
119
102
90
107
89
91
109
100
105
121
96
99
105
93
94
107
99
105
118
98
89
110
93
91
108
100
109
124
100
109
108
97
97
111
101
106
122
97
97
108
92
97
108
100
+134
+123
+138
+166
+122
+ 141
+155
+123
+158
+11
+11
+11
+7
+13
+8
+13
+11
+10
-6
-6
no
105
126
94
84
113
89
88
112
90
North west__ __ __
Colorado
Idaho
Kansas
Montana..
Nebraska
North Dakota. _.
South Dakota.. _
Utah
Wvoming _ __
79
91
76
78
89
82
57
61
79
101
79
90
76
73
100
75
65
66
83
103
94
88
88
97
104
96
93
90
91
92
96
98
93
93
107
96
94
97
91
99
95
98
98
89
111
96
93
99
88
105
103
110
101
98
122
95
123
102
91
111
102
105
93
92
122
106
110
115
88
108
96
104
92
91
105
97
90
88
91
111
+181
+ 168
+178
+187
+143
+199
+224
+210
+154
+150
+10
+17
+3
+13
+3
+11
+6
-2
+14
+17
-10
-5
—5
-5
-18
-12
—21
-26
Far West
California
Nevada
Oregon _.
Washington
127
139
120
94
105
130
140
143
100
109
132
135
123
118
131
125
127
131
117
118
130
136
143
117
109
127
133
140
117
108
120
126
115
113
104
121
125
130
109
110
+116
+107
+111
+152
+134
+3
+1
0
+2
+11
-4
-4
+9
In the Southeast, a region of relative uptrend in income
payments, the increase in total income from 1946 to 1949
was of somewhat below-average proportion. This is attributable to a reduction in farm income, traceable in large
measure to tobacco and cotton. The region's record with
respect to ineomes flowing from nonfarm sources matched
that for the country as a whole.
Particularly noteworthy, however, are the comparatively
small increases in nonagricultural income that occurred over
the 1946-49 period in Mississippi, Arkansas, and Alabama.
The lag in Alabama was the product of developments in
1949, but in Mississippi and Arkansas it covered the entire
postwar period. In these three States, postwar increases
in income from trade and service activities have fallen far
short of those in most other States.
The 1946-49 expansion of factory payrolls in the Southeast markedly exceeded the national rate, with 8 of the 11
States contributing to the region's relative gain. This
accorded with the long-term upward trend of manufacturing
in this area. Though the Southeast is still not relatively
1929
1940
1944
1945
1946
1947
1948
Co n t i n e n t a l
United States__
100
100
100
100
100
100
New England
Connecticut
Maine
Massachusetts - _
New HampshireRhode Island
Vermont
123
135
S3
132
96
125
88
126
144
87
134
98
125
90
112
132
90
112
90
114
82
110
125
87
112
92
108
85
108
121
86
111
92
106
86
106
123
85
106
89
106
84
Middle East ...
Delaware
District of Columbia
Maryland
New Jersey
New York
Pennsylvania
West Virginia
136
135
131
154
117
121
118
117
118
120
175
103
139
165
113
68
190
123
140
150
109
69
111
116
124
132
104
69
115
112
122
135
104
74
Southeast
Alabama
Arkansas
Florida
Georgia
KentuckyLouisiana
Mississippi
North CarolinaSouth Carolina _ _
Tennessee
Virginia. _ .
51
45
45
71
48
55
61
40
45
37
51
62
56
47
44
82
55
54
62
35
55
50
55
77
66
61
55
87
66
60
71
49
61
58
70
83
Southwest
Arizona _ _
New Mexico
Oklahoma
Texas
68
84
56
67
68
69
81
62
62
72
Central
Illinois _ _
Indiana
Iowa
Michigan
Minnesota
Missouri. - __
Ohio
Wisconsin--
106
137
86
80
1
1949
Computed from data shown in table 8.
Source: U. S. Department of Commerce, Office of Business Economics.
897335—50—3
1948
to
1949
+4
-16
-4
-7
-4
-5
-14
-3
-8
-4
-6
—5
+2
1
For definition see footnotes to table 2.
Source: U. S. Department of Commerce, Office of Business Economics.
SURVEY OF CURRENT BUSINESS
18
industrialized, its percentage share of the Nation's factory
payrolls was one-third larger in 1949 than in 1929.
Southwest
The several comprehensive measures of regional economic
activity provided in table 3 reveal a postwar record for the
Southwest substantially better than that of any other region.
The singularly large—29 percent—rise in total income payments in the Southwest from 1946 to 1949 was derived in
Table 6.—Trend Measures of Income Payments, by States
Regions
Per capita income
payments
Total income
payments
State and region
1949 as
percent
of 1929
and
Percent
change in
relative
position,
1929 to 1949 i
1949 as
percent
of 1929
!
|
I
Percent
change in
relative
position,
1929 to 1949 2
Continental United States
]
239
New England
Connecticut
Maine
Massachusetts
Nev\r Hampshire
Rhode Island
Vermont
!
195
220
224
182
206
193
185
-18
-8
-6
-24
-14
-19
-23
166 I
173 :
192 !
158 i
183 I
165
179 !
-15
-11
-1
-19
-6
-16
-8
199
248
301
279
215
182
197
243
-17
+4
+26
+ 17
-10
-24
-18
169 j
182 !
153 |
199 ;
163 '
156
185
215 i
-13
—7
-22
+2
— 17
-20
—6
+10
312
288
257
424
306
257
307
242
347
362
316
326
+30
+21
+8
+77
+28
+7
+28
+1
+45
+51
+32
+36
256 !
253 i
255 j
228
266 !
233 !
241 i
232 !
+29
+29
+29
+ 17
+38
+ 18
+23
+20
+42
+59
+29
+26
Southwest
Arizona
New Mexico
Oklahoma
Texas
315
342
413
213
347
+32
+43
+73
-11
+45
251
203
270
235
259
Central
Illinois
Indiana
Iowa
Michigan
Minnesota
Missouri,..
Ohio
Wisconsin
232
200
272
245
254
250
229
233
243
-3
-16
+14
+2 I
+6 I
+4 |
0
-11
+13
+21
—3
+2
196
174
221
237
194
217
210
192
210
Northwest
Colorado
Idaho
Kansas
Montana
Nebraska
North Dakota
South Dakota
Utah
Wyoming
250
269
307
230
242
216
266
255
303
272
+5
+13
+29
-4
+1
-10
+11
+7
+27
+14
238
225
236
227
231
232
309
282
226
216
+22
+14
+21
+ 17
+ 18
+18
+58
+44
+ 15
+10
Far West
California
Nevada
Oregon
Washington...
327
326
374
347
320
+37
+36
+56
+45
+34
186
176
212
226
206
-5
-10
+8
+16
+5
Middle East
Delaware-. . ...
.
District of Columbia
Maryland
New Jersey
New York
Pennsylvania
West Virginia
Southeast
Alabama
Arkansas
Florida
Georgia
Kentucky
Louisiana
Mississippi
North Carolina
South Carolina
Tennessee
Virginia
_
__
1
196
276 :
312
250
246 :
!
i
i
!
!
+29
+5
+39
+19
+34
_2
+11
4-8
9
+8
g the percent increase or decrease from 1929 to 1949 in the percent•nts in the United States received by each State and region. To
Source: U. S. Department of Commerce, Office of Business Economics.
August 1950
part from an improvement in the cotton situation in the
area over the small 1946 crop. However, the flow of income
from the nonfarm segment of the Southwest's economy also
expanded at distinctly above-average rates in the postwar
period.
All four Southwestern States have experienced relatively
large postwar advances in income payments. The gain for
Oklahoma is of particular interest as marking a continuation
of the State's improved showing since 1940. The percentage
share of the Nation's income received by Oklahoma declined
sharply in the prewar period from 1929 to 1940, was maintained over the 1940-46 period, and increased moderately
in the postwar years.
Growth of manufactures in the Southwest—the least
industrialized of any region except the Northwest—is probably the key factor underlying its postwar progress. The
region's 41-percent increase in factory payrolls from 1946
to 1949 was double the national rate. This gain represented
an extension of a top-ranking relative growth in manufactures
over the period from 1940 to 1946. According to available
factory employment data, the favorable showing by the
region has continued into the current year.
Central States
The 17-percent expansion of total income payments in
the Central region from 1946 to 1949 was slightly larger than
the Nation-wide average. It was materially dampened,
however, by declines in farm income throughout the 8-State
area. The 1946-49 increase in nonfarm income in the
Central States was relatively large. Particularly to be noted
is the 25-percent rise in factory payrolls. This compares
with 7 percent for New England and 15 percent for the
Middle East, the Nation's 2 other large industrial areas.
In the Central region, which includes both highly industrialized and primarily agricultural States, income payments
advanced at above-average rates in both 1947 and 1948.
In general, the relatively large rise was derived from manufacturing in 1947 and from agriculture in 1948. Declines in
income from these two important sources were responsible for
the region's comparatively large (5 percent) downturn in
total income payments in 1949.
The effect of last year's decline in income payments in
the Central States was thus largely to cancel the relative
gains made by the region in the two preceding years. On
balance, therefore, income developments in the Central States
over the postwar years have been in general accord with the
long-term tendency for the region to receive an approximately
constant share of the Nation's income.
Northwest
As pointed out in previous State income reports, the
Northwest is the most agricultural of the regions and the
one in which farm income is most volatile and movements
of total income are most irregular and least subject to
pattern.
The region's record in the postwar period supports this
generalization. Agricultural income in the Northwest rose
36 percent in 1947 and 2 percent in 1948, and then dropped
33 percent in 1949. Reflecting the dominance of agriculture,
total income payments in the region increased 16 percent in
1947 and 8 percent in 1948 but decreased 7 percent last year.
Despite the declines, total income and farm income in 1949
were still at comparatively high levels.
The regional data, it should be added, are an averaging of
very divergent movements among the individual Northwestern States. These reflect the differing emphasis within the
area placed upon wheat, meat animals, and corn as sources
of income.
SURVEY OF CURRENT BUSINESS
August 1!»W
19
Table 7.—Total Income Payments to Individuals, by States and Regions, 1929-49
[Millions of dollars]
1929
State and region
1930
1931
1932
1933
1934
1935
1936
1938
1937
1939
1940
1941
1942
1943
1944
1945
1946
1947
1948
1949
Continental United States _ _ _ . 82, 617 73, 325 61, 971 47, 432 46, 273 53,038 58,558 68, 000 72, 211 66, 045 70, 601 75, 852 92, 269 117, 196 141, 831 153, 306 157, 190 170, 962 185, 339 202, 385 1H7, 531
New England
T on necticut
Maine 1.
.. _ _ _
Massachusetts . 1
Xew Hampshire -.
Rhode Island
Vermont
6,792
1.459
449
3,787
302
579
216
6,282
1, 337
432
3, 512
279
527
195
5, 623
1,178
381
3, 156
259
477
172
4,481
911
298
2, 555
199
385
133
4,264
888
297
2, 386
200
366
127
4, 678
1, 000
323
2, 593
228
391
143
5, 031
1 , 096
353
2, t57
241
426
158
5, 673
1, 267
398
3. 093
262
473
180
5,900
1, 356
408
3, 193
272
494
177
5 372
i:
$
2.928
258
417
163
5,729
1, 301
400
3, 106
268
480
174
6,124
'•S
3. 309
269
511
187
7,367
1,837
505
3, 846
309
651
219
8,965 10,248 10, 707 10, 828 11, 831 12, 650 13, 463 13, 247
2. 334 2. 639 2, 697 2. 604 2,808 3, 129 3, 301 :». 213
984 1, 05" 1. 004
921
680
872
867
881
!', S02
4,520 5. 136 5, 438 5, 606 6, 186 6, 455 6,90'
6'21
(V '•
596
388
546
355
822
952
999 1, 083 1, 1-1 , 1. 117
923
961
421
njo
254
403
332
371
290
303
27, 840 25, 609 22, 031 17, 045 16, 337 18, 299 19,577 22}, 448 23, 481 21.503 22, 783 245 319 28, 203 33, 449 39, 101 42, 431 43, 965 48, 401 51,712 55, 965 55, 295
M i d die Ea s t
513
432
203
384
469
192
239
403
399
161
205
278
328
' 178
127
147
182
128
218
167
I )elaware.
781
792
905 1,040 1, 260 1, 450 1, 518 1, 617 1.727 1. 743 1,825 1.919
631
813
495
644
549
District of Columbia 1... .
619
638
720
815
871 1,000 ] 067 1.000 1 . 074 1, 222 1, 516 2. 033 2, 449 2,577 2. 539 2, 723 2, 851 3, 069 3. 0*1
743
1, 106 1,036
927
Maryland 1
3, 268 3, 081 2, 713 2. 151 1, 985 2, 197 2, 361 2, 690 2. 835 2. 658 2,859 3. 138 3, 676 4, 572 5 420 5,838 5, 797 6, 188 6, 545 7,038 7,01*
Now Jersey 1
New York 1
14, 479 13, 346 11, 435 8, 840 8, 509 9. 369 9. 941 11, 246 11, 635 10, 759 11,301 11, 830 13, 384 15, 340 I / ! 762 19. 506 2oi 647 23. 096 24, 513 26, 633 2K340
7, 338 6, 638 5,580 4.172 4, 027 4, 627 4, 989 5,818 6, 174 5, 438 5. 819 6, 225 7, 404 8, 822 10,377 11.208 11. 469 12. 593 13. 701 14. 797 1 \ ' X
Pennsylvania
714
474
623
739
773
689
760
905 1, 094 1, 253 1, 381 1, 497 1, 642 1, 890 2, O'JO 1, 9128
462
588
682
793
590
West Virginia
Southeast
Alabama
\rkansas
Florida
O^orffia
Kentucky Louisiana
_.
tytississiDpi
_. _
- -
Southwest
Arizona.
New Mexico
Oklahoma
Texas
Central
Illinois
Indiana
Iowa
Michigan
Minnesota _ _
Missouri
Ohio
Wisconsin
Northwest
Colorado
Idaho. .
Kansas
Montana . _ _
Nebraska
North Dakota
South Dakota
Utah
Wyoming
__.
Far West
California
Nevada
Oregon
Washington ___
8, 132
699
470
711
907
847
748
463
1,006
468
846
967
8, 457
711
479
773
920
902
792
442
1, 077
485
880
996
7,904
652
456
751
863
793
789
399
1,011
451
801
938
8, 414
681
478
819
901
839
828
436
1.090
493
853
996
9,043 11,580 15, 594 19, 722 21, 907 22, 662 23, 786 25, 494 27, 829 27, OS 1
763 1.037 1, 437 1,812 1.980 2, 056 2, 093 2, 300 2, 486 2 ,13
493
658
908 1,005 1, 161 1. 248 1, 353 1. 373 1. 503 1,413
900 1,062 1, 469 2,148 2, 433 2^521 2, 554 2. 649 2, 817 2,94^
986 1, 241 1, 648 2, 176 2, 420 2,484 2 597 2, 817 2, 990 2. 92h
880 1, 042 1, 336 1, 695 1,839 1,967 2,145 2, 298 2, 580 2,47«»
847 1, 066 1,419 1, 898 2, 015 2.018 2, 033 2, 230 2, 522 2,617
444
886 1, 105 i ?21 1, 224 1,201 1, 374 1. 531 1, 317
630
1, 131 1,436 1,872 2,270 2, 536 2.651 3, 012 3, 223 3, 439 3,31'J
545
1,420 1, 508 1, 681 1.584
703
956 1, 153 1,291 1,319
927 1. 221 1, 530 2, 003 2,329 2, 495 2,544 2, 742 2,916 2, 8'>S
1, 127 1,484 2,133 2, 457 2,646 2,679 2,834 2,980 3,244 3, 221
2,623
149
113
583
1,778
2,924
167
131
666
1, 960
3,402
202
162
753
2,285
3,804
232
177
841
2,554
3,583
213
165
767
2, 438
3, 756
227
179
796
2, 554
3,908
237
190
829
2,652
_ _ _
__ _._
7,127
617
393
635
798
794
725
385
812
365
743
860
6,064
512
332
546
667
679
640
292
690
314
622
770
4,979
419
287
439
560
530
499
256
576
261
498
654
5,136
419
288
425
596
534
487
256
677
299
516
639
6, 354
537
4,153
245
161
1,079
2,668
_
Nort h C nrolins
Tennessee-Virginia i
5 If
735
636
595
339
845
378
661
770
6,976
585
389
584
800
713
641
373
915
406
721
849
8, 681
802
562
695
956
964
862
544
966
438
905
987
3,428
208
137
844
2, 239
2,788
170
116
659
1, 843
2,199
122
86
507
1,484
2,299
120
90
537
1,552
6,608
449
300
1,335
4,524
8,741
601
380
1, 639
6,121
9, 514
591
425
1.853
6, 645
9, 575 10, 125 11, 526 12, 464 13, 066
835
839
644
725
604
614
605
490
456
558
2, 130 2,299 2, 297
1, 839 1, 926
6, 676 7,065 8,113 8, 716 9, 265
24, 226 20,833 17, 185 12, 630 12, 193 14, 139 16, 220 18, 986 20, 620 18, 378 20, 090 21, 664 26, 800 33, 520 39, 704 42, 252 43, 455 48, 030 52, 529 59, 085 56, 111
7, 036 5,903 4,813 3,517 3, 335 3, 787 4,222 4, 909 5, 395 4,833 5, 285 5, 740 6, 889 8, 267 9, 476 10, 297 10, 849 12, 160 13, 305 15, 002 14, 107
974
1 877 1 595 1,325
978 1, 167 1. 312 1, 571 1, 713 1, 522 1, 688 1, 858 2, 437 3, 112 3, 766 3, 959 4,113 4,327 4,784 5, 387 5 097
644
965
619
606
982 1,092 1, 068 1,185 1, 233 1, 527 2,015 2, 389 2,318 2,451 2,982 2,894 3, 788 3, 301
1, 348 1,248
896
2,940 2,413 1, 816 1, 641 2, 131 2, 469 2, 926 3, 257 2, 705 3, 054 3, 425 4,271 5, 526 6, 924 7, 259 6, 902 7, 495 8, 550 9, 155 9,013
839
812
921 1, 083 1,281 1,362 1,304 1, 378 1,424 1, 626 2,060 2. 316 2,456 2, 699 3,153 3, 421 3, 875 3, 603
l', 443 1, 325 1, 125
2,210 1, 984 1,688 1,284 1, 244 1, 380 1, 533 1, 763 1, 824 1,709 1,832 1, 914 2, 363 2, 942 3,391 3, 662 3, 831 4, 371 4. 587 5,213 5, 052
4,920 4, 251 3,564 2, 610 2,601 3, 066 3, 447 4. 072 4,406 3, 794 4, 154 4, 448 5, 646 7, 022 8, 417 8,967 9,122 9, 719 10, 753 12, 032 11, 443
1,849 1,587 1,292
971
938 1, 081 1,258 1,482 1, 571 1,443 1, 514 1,622 2, 041 2,576 3, 025 3,334 3, 488 3, 823 4,235 4, 633 4,495
3,592
580
204
928
264
749
224
264
239
140
2,824
478
153
730
213
578
160
199
195
118
1, 931
362
112
487
158
344
122
117
143
86
1,953
358
115
474
158
374
126
118
143
87
2,250
404
146
549
212
378
136
157
165
103
2,627
446
165
622
250
476
178
184
192
114
3, 029
538
201
724
283
534
197
196
224
132
3, 238
584
223
781
299
549
217
202
247
136
2, 974
526
207
690
._ _
3,927
633
230
997
325
764
264
288
272
154
6, 454
4,878
70
524
982
5, 458
4,151
62
443
800
4, 167
3,182
46
338
601
4,091
3,113
43
337
598
4, 695
3, 530
53
404
708
5, 203
3,904
62
459
778
6, 330
4, 730
__ _ _
6,998
5,217
74
603
1,104
6,711
5,047
77
580
1,007
_
4,734
287
222
956
3, 269
560
968
132
3,099
563
213
692
288
523
209
227
243
141
3, 363
589
232
757
321
569
237
242
265
151
4,109
695
278
974
372
655
331
301
329
174
6, 331
4,772
69
540
950
6, 730
5, 047
84
587
1, 012
7, 431
5,606
92
633
1,100
9,476 12, 973 17, 180 18, 864 18, 863 20, 335 21, 604 22, 970 22, 906
7,044 9, 348 12, 444 13, 739 13, 882 15, 180 16, 043 17, 003 17, 005
206
215
239
279
277
107
215
213
255
824 1.201 1,599 1, 672 1, 671 1,777 1,999 2, 143 2, 095
1,501 2, 218 2,922 3,240 3,095 3, 139 3,307 3,545 3,529
509
196
208
235
6,087
990
423
1, 500
472
1,047
435
480
524
216
7, 135
1,144
487
1,824
531
1,220
510
478
693
248
7,631
1, 157
537
1, 987
558
1, 343
561
572
644
272
7,842
1,274
540
1,929
1, 370
579
624
658
289
8,454
1, 380
608
2, 000
669
1,478
619
676
694
330
9,824 10, 609
1,626 1,729
735
671
2. 399 2, 368
897
797
1, 554 1, 848
862
875
939
769
816
759
374
415
9, 822
1, 703
707
2, 291
787
1, 653
703
731
825
419
i See footnote 2, table 9.
Source: U. S. Department of Commerce, Office of Business Economics.
The Northwest's characteristically large fluctuations in
farm income, and concurrent irregularities in total income,
are apt to obscure the record of the striking relative growth
of its noiifarm economy. In the postwar period incomes
from nonagricultural sources in this area advanced at rates
equalled only in the Southwest. All Northwestern States
recorded increases from 1946 to 1949 well above the national
average. Factory payrolls in the region, though still formingless than 10 percent of all income, expanded 40 percent over
the period. As compared with the 20-pcrceiit increase in the
country at large, the advances in individual Northwestern
States varied between 30 and 68 percent.
Far West
In the postwar period income payments have advanced
less rapidly in the Far West than in the Nation. The major
factor lias been the relatively small rise in the area of income
from trade and service activities. In California, which
dominates Far Western income movements, the 8-percent
increase in trade and service income from 1946 to 1949 was
only half as large as that occurring nationally.
The Far West's below-average income rise in the recent
period reflects an averaging of divergent relative movements.
In both 1947 and 1948 the region sustained reductions in its
percentage share of income payments in the Nation. In
1949, however, its share increased as aggregate income in
the Far West was maintained at the 1948 level in the face of
the decline on a Nation-wide basis.
Part of the relative gain by the Far West in 1949 is
attributable to the fact that manufacturing and agriculture—the principal sectors of income decline—-are both of less importance in the region than nationally. This difference in
economic structure exerted a contrary influence in the 194648 period, when manufacturing and agriculture contributed
heavily to aggregate-income expansion. Within these industries the types of activity which experienced the largest
relative expansion on a national basis in boom years 1947
and 1948 are of less-than-average relative importance in the
Far West's economy.
Per Capita Incomes in 1949
The accompanying map shows the per capita income of
each State in 1949. Clearly portrayed are the relatively high
income levels of the Northern and Western parts of the
SURVEY OF CURRENT BUSINESS
20
country and the concentration of low-income States in the
South. Per capita incomes in 1949 varied from $634 in
Mississippi to $1,820 in the District of Columbia. Others
in the top rank include New York ($1,758), Nevada ($1,731),
Delaware ($1,675), California ($1,665), Illinois ($1,618),
Connecticut ($1,591), and New Jersey ($1,546).
Against this background of striking disparity, however, it
is significant that over the past two decades there has been
an appreciable narrowing of the rela tive differences in income
levels among the States arid regions. The chart shows
clearly the convergence of regional differentials which has
taken place since 1929.
The percentage by which per capita income exceeded the
national average dropped in New England from 23 in 1929
to 5 in 1949, and in the Middle East"from 36 to 18. The
margin of per capita incomes in the Far West above the
national average also was reduced appreciably, from 27 to 21
percent.
On the other hand, the three regions with relatively low
average-income levels have considerably improved their per
capita incomes in relation to the national average over the
period 1929-49. In the Southeast, average income rose from
51 to 66 percent of that for the country as a whole. The
Southwest raised its per capita income from 68 percent of
the national average in 1929 to 88 percent of it in 1949, and
August 1050
the per capita income of the Northwest improved from a
point 21 percent below the national average in 1929 to a
point only 4 percent below it in 1949.
In both 1929 and 1949 the per capita income of the large
Central region was 6 percent above the United States
average.
There was some tendency for the relative differences in
State and regional per capita incomes to narrow in the
prewar period. But, as shown by the data in table 4, most
of the reduction in geographic inequality in the past two decades has occurred in the period since 1940.
On a State basis, the lessening of relative differences in
average income levels is evident to a striking degree. Of
the 33 States that in 1929 had per capita incomes below the
national average, 30 scored relative advances from 1929 to
1949 exceeding that for the country as a whole. Conversely,
of the 16 States that in 1929 had per capita incomes higher
than the national average, 12 registered gains in the past
two decades falling short of the Nation-wide average.
The net effect of these counter-movements was that from
1929 to 1949 the over-all per capita income of the 33 lowincome States advanced from approximately one-half to
two-thirds of the comparable average for the high-income
States. The 137 percent expansion of per capita income in
Table 8.—Per Capita Income Payments, by States and Regions
[Dollars]
1929
1930
1931
1932
1933
1934
1935
1936
1937
1938
1939
1940
Continental United States _ _ -
680
596
500
380
368
420
460
531
561
509
539
575
New England
Connecticut-.
Maine
Massachusetts
New Hampshire
Rhode Island
Vermont
838
918
.566
897
652
851
601
768
830
540
825
599
767
542
684
725
473
738
551
695
476
542
558
367
594
422
562
369
514
540
364
553
420
533
351
561
605
394
597
478
573
397
602
659
428
634
502
626
439
678
758
480
713
544
691
501
704
808
490
737
562
714
493
640
710
450
677
531
639
454
680
764
474
719
548
678
483
727
830
499
768
563
719
519
926
919
1,191
703
947
1, 125
767
464
841
762
1,179
651
869
1,023
688
393
717
687
1,088
577
751
871
576
336
552
522
926
460
586
671
429
261
526
513
806
441
535
644
414
265
586
586
876
493
589
705
474
326
623
634
955
523
630
743
510
342
711
750
1,124
597
712
837
594
402
740
795
1, 107
635
750
861
629
417
674
682
1,044
594
699
791
553
369
709
771
1,031
634
746
825
589
378
752
888
1, 091
710
805
864
627
397
344
305
305
484
329
371
415
273
309
252
349
422
279
232
211
431
274
303
344
191
255
209
283
367
235
191
177
363
227
256
299
143
214
178
234
326
191
155
153
287
189
198
230
125
176
147
185
276
195
154
152
272
200
199
222
123
205
167
190
266
239
197
180
325
245
234
269
162
253
209
241
316
260
213
204
360
264
260
286
177
270
222
260
347
301
253
246
423
298
307
330
218
294
254
302
393
310
256
249
445
301
325
346
207
312
262
311
405
287
233
236
418
280
283
341
185
289
241
280
380
303
242
246
4-42
290
297
354
201
308
261
295
402
Southwest
._
Arizona
New Mexico
Oklahoma __.
Texas
464
573
383
455
465
376
475
322
352
383
303
382
265
275
312
237
271
192
212
248
247
263
196
226
257
279
322
240
246
292
309
355
272
281
319
357
425
330
319
369
397
482
353
358
409
371
436
322
327
387
Central
Illinois
Indiana
Iowa
Michigan
Minnesota
Missouri
Ohio
Wisconsin
720
932
583
546
745
566
612
748
634
612
772
491
504
608
515
546
638
539
503
626
405
388
503
433
461
532
435
369
456
296
248
382
320
349
388
325
355
431
296
258
348
307
337
386
312
411
488
351
242
455
346
373
453
357
469
543
392
357
524
403
413
507
413
546
630
468
391
606
473
473
598
484
589
691
508
434
659
500
488
646
510
534
616
518
532
602
557
389
417
537
687
487
558
455
498
490
544
329
382
470
619
384
455
336
402
393
421
236
289
379
515
262
342
241
207
290
251
181
171
276
371
265
336
242
258
290
275
190
172
369
304
376
304
298
387
279
205
232
313
435
354
412
338
337
455
353
269
273
362
477
409
493
406
395
514
399
300
294
419
548
865
946
817
640
713
775
854
761
547
626
642
710
660
455
503
481
533
479
342
374
465
511
447
337
369
524
568
535
399
432
571
617
614
447
470
684
734
699
539
579
State and region
_ __
Middle East . ._
Delaware
District of Columbia
Maryland
New Jersey
New York
Pennsylvania
West Virginia
Southeast
Alabama
Arkansas
Florida
Georgia
_ _ _
Kentucky
Louisiana
Mississippi
North Carolina
South Carolina
Tennessee
Virginia
-
_
.
Northwest
__
Colorado
Idaho
Kansas
Montana
Nebraska
North Dakota
South Dakota
Utah
.
Wyoming
Far West
California
Nevada
Oregon
Washington
..
_ _
__.
_
Source:
U. S. Department of Commerce, Office of Business Economics.
1941
1942
1943
1944
1945
1946
1947
1948
1949
693
876
1, 059
1, 161
1, 192
1,212
1,294
1,387
1, 330
872
1,069
575
888
670
917
620
1,059
1,312
777
1,050
803
1,143
738
1,232
1, 496
1,021
1,217
948
1,246
884
1, 299
1,538
1,040
1,297
1,048
1, 322
956
1,309
1,495
1,040
1,332
1, 093
1, 288
1,018
1,312
1,468
1,043
1, 345
1, 115
1,282
1,048
13,71
1,594
1,096
1, 376
1, 151
1, 373
1,092
1, 456
1,680
1, 162
1, 468
1,254
1,435
1,153
1, 395
1,591
1,087
1 417
1, 195
1,403
1,075
872
1,007
1,076
845
924
992
752
473
1,041
1,184
1,194
1,087
1,130
1, 158
909
581
1,241
1, 367
1, 270
1, 297
1,336
1,376
1,101
703
1,362
1,409
1,283
1,348
1, 439
1, 534
1,208
799
1,412
1,400
1.373
1, 340
1, 451
1,614
1, 237
878
1,433
1,450
1,557
1,316
1,448
1,622
1,277
884
1,502
1, 523
1, 623
1,392
1, 524
1,676
1,352
994
1,608
,618
,713
,485
,594
,803
,454
1,085
1,565
1, 675
1,820
1,401
1, 546
1,758
1,416
998
322
270
253
470
317
308
358
203
316
288
316
445
403
365
338
521
387
371
432
278
392
358
410
567
537
504
476
684
510
482
565
392
513
478
521
753
674
633
542
899
673
621
741
479
619
589
674
880
767
706
639
1, 015
762
701
822
572
709
671
808
960
811
745
702
1,062
805
709
837
596
759
699
876
974
806
718
730
1,085
794
772
790
589
796
735
827
958
863
787
745
1,103
873
830
864
676
857
768
869
1,025
923
834
863
i 129
919
910
961
753
887
844
906
1,088
882
773
778
1,102
876
386
461
341
340
401
399
468
354
357
413
486
537
410
462
495
666
748
552
645
674
833
839
691
728
877
950
985
797
906
971
956
1, 063
851
862
985
946
1,059
851
852
973
1, 088
1, l^l
947
958
1,107
1,112
1, 179
995
1,035
1,137
1,166
1, 165
1, 033
1, 068
1,205
521
616
449
423
535
474
455
554
466
565
671
495
468
591
497
486
603
485
605
727
541
485
649
509
504
644
516
748
871
706
611
799
587
619
816
654
939
1,042
897
827
1,032
764
763
1, 015
847
,132
,226
,092
.019
276
896
910
1,234
1,007
1,217
1, 341
1,177
1. 017
1,338
972
1, 026
1,292
1,131
1,249
1,417
1, 217
1.067
1,273
1, 062
1. 085
1,297
1,189
1,275
1,463
1. 167
1.202
1,274
1,133
1, 141
1,296
1,203
1, 358
1. 527
1.264
1, 158
1,419
1, 205
1, 179
1,401
1,299
1,508
1,722
1,389
1,507
1, 493
1 . 340
1,339
1, 534
1,400
1,414
1, 618
1,290
1, 292
1, 443
1 297
1, 286
1, 436
1, 329
438
532
444
430
541
412
333
306
459
560
402
475
406
382
488
384
302
318
434
537
418
505
411
383
515
397
325
351
443
567
453
518
439
421
573
433
371
379
477
592
559
602
539
546
670
514
536
491
576
654
837
852
823
839
889
844
742
823
868
783
982
963
935
1,025
1, 075
977
938
830
1,068
929
1,088
1,025
1, 025
1,129
1,208
1,110
1,079
1, 050
1, 061
1,071
1,141
1. 172
1, 107
1,111
1,270
1,142
1,120
1, 156
1,089
1,175
1,154
1, 185
1, 185
1,075
1,349
1, 167
1,130
1, 203
1, 066
1,269
1, 336
1,420
1, 303
1, 268
1,578
1, 231
1, 588
1,315
1,184
1, 438
1,412
1.459
1. 283
1,270
1, 696
1, 468
1. 528
1, 592
1, 220
1,493
1, 273
1, 386
1, 221
1,210
1. 390
1, 294
1,202
1, 174
1,213
1,481
714
769
733
552
597
662
714
645
507
558
692
741
767
544
588
747
803
821
574
628
903
951
899
722
824
1,164
1,180
1,549
1, 035
1,150
1,441
1,470
1,483
1,269
1,423
1,536
1, 564
1,430
1, 375
1,518
1,486
1,516
1, 558
1,396
1,407
1 570
1,653
1 732
1,414
1,321
1,642
1, 719
1 809
1,516
1,398
1, 669
1,743
1 594
1, 562
1,441
1 610
1,665
1 731
1 448
1, 469
865
1,002
634
854
787
873
1,039
SUKVEY OF CURRENT BUSINESS
August 1950
21
Table 9.—State Income Payments, by Type of Payment, 1942—49
[Millions of dollars]
1942
State
United States, total
Wages and salaries
Proprietors' income. ._
Property income
Other income
--
1943
1944
117, 1% 141, 831 153, 300
77, 945 96, 394 101,548
22, 162 25, 939 28, 091
12, 898 13, 697 14. 390
4,191 5,801 9,277
1945
1946
157, 190
99, 158
30, 034
15, 125
12, 873
170, 962
105, 190
35, 594
17, 456
12, 722
1947
1948
1949
1942
State
1943
1944
1945
1946
1947
1948
1949
185,339 202, 385
118, 715 131,087
35, 391 38, 796
19, 199 21, 043
12, 034 11, 459
197, 531
130, 822
32,319
21,873
12,517
Maine, total 2
Wages and salaries
Proprietors' income
Property income
Other income
680
483
107
67
23
872
010
155
74
33
881
604
142
80
55
807
550
155
86
70
921
564
170
102
79
984
030
179
102
73
1,058
084
198
112
64
1,004
651
163
117
73
1,437
963
333
93
48
Ari/ona total
"Wages and salaries
Proprietors' income
Property income
Other income
1,812
1.179
427
106
100
1,980
1, 216
465
115
184
2, 056
1,177
493
124
262
2,093
1, 146
567
143
237
2,300
1,320
611
154
215
2, 486
1, 464
656
168
198
2,313
1, 416
515
107
215
Maryland, total 2
Wages and salaries
Proprietors' income
Property income
Other income
2, 033
1,481
275
228
49
2,449
1,802
330
237
80
2, 577
1,829
371
240
131
2,539
1,704
390
254
185
2,723
1,751
489
289
194
2,851
1,912
400
328
151
3, 009
2,098
477
300
134
3,081
2,110
430
375
100
449
287
107
35
20
601
410
125
40
26
591
380
122
45
44
604
368
129
47
60
644
370
162
59
53
725
430
175
64
56
835
487
218
75
55
839
486
212
79
62
Massachusetts, total
Wages and salaries
Proprietors' income
Property income
Other income
4,520
3,279
468
591
182
5, 136
3, 798
510
602
226
5,438
3,927
550
623
338
5, 606
3,898
597
638
473
0, 180
4,172
095
723
590
0, 455
4,541
640
784
490
6,904
4,944
657
856
447
6,892
4, 889
584
896
523
908
456
352
60
40
1,005
513
351
66
75
1,161
534
421
74
132
1,248
571
419
80
178
1,353
565
528
98
162
1,373
624
512
89
148
1.593
707
652
98
136
1,443
721
479
98
145
Michigan, total
Wages and salaries
Proprietors' income
Property income
Other income
5, 526
4, 163
737
445
181
6,924
5,400
827
490
207
7, 259
5,448
947
528
336
6,902
4,788
1,021
500
533
7,495
5,111
1,199
053
532
8,550
6, 025
1, 167
726
632
9, 155
6, 090
1,242
800
417
9,013
6, 648
1, 054
830
475
9,348 12, 444 13, 739 13, 882 15, 180 16, 043 17.003 17, 005
6, 282 8,575 9,204 8,919 9,353 10, 228 11,011 11,061
1 564 2.190 2, 568 2,707 3, 267 3,011 3,010 2, 054
1, 168 1,250 1,329 1.391 1. 623 1,798 2 020 2, 114
962 1, 170
334
429
865
937 1, 006
638
Alabama, total
\Vagcs and salaries
Proprietors' income
Property income
Other income
Minnesota, total
Wage? and salaries
Proprietors' income
Property income
Other income
2, 060
1,090
079
194
97
2, 310
1,266
727
211
112
2,456
1, 361
098
229
168
2.699
1,419
800
248
220
3,153
1.004
1,000
292
251
3,421
1,870
1,012
319
220
3,875
2,084
1,237
347
207
3, 003
2,120
885
300
238
- -
Arkansas, total
- - -~
Wages and salaries
Proprietors' income _ _
Property income
Other income
-- - California, total
Wages and salaries
Proprietors' income
Property income
Other income
_ _.
990
582
233
122
53
1,144
679
269
130
66
1,157
662
265
135
95
1,274
702
315
139
118
1.380
772
336
159
113
1,626
879
447
172
128
1,729
985
425
191
128
1,703
1,014
358
197
134
Mississippi, total
Vvrapos and salaries
ProDi ietoiV income
Property income
Other income
880
440
351
59
30
1,105
588
381
63
73
1,221
562
454
68
137
1,224
518
444
70
192
1.201
531
435
70
159
1,374
580
502
8f
14C
1,531
624
082
9f
129
1,317
638
451
88
140
2, 334
1, 743
192
352
47
2, 639
1,987
227
355
70
2, 697
1, 966
255
361
115
2, 604
1, 790
271
362
175
2,808
1,912
329
406
101
3, 129
2.186
322
435
186
3,301
2,351
332
479
139
3,213
2,229
304
504
176
Missouri, total
_
Wages and salaries
Proprietors' income
Property income _
Other income
2,942
2, 815
710
299
112
3,391
2,138
770
317
166
3, 602
2,247
813
335
267
3, 831
2.300
824
348
359
4.371
2, 483
1. 109
400
373
4,587
2,808
909
469
341
5,213
3, llf
1, 272
514
311
5,052
3,190
1,000
529
333
328
208
48
66
6
384
255
53
66
10
403
267
53
66
17
399
251
59
65
24
432
269
66
72
25
469
315
58
76
20
513
345
65
86
17
541
307
58
90
Pi^p 1 ie^or 0 ' income
ProDTty income
Other income
472
239
170
30
21
531
265
204
40
22
558
27°
21C
43
33
57C
974
213
47
45
009
316
253
50
44
797
371
319
04
42
89<
422
305
71
39
787
440
221
1, 260
996
97
131
36
1, 456
1 174
93
139
50
1,518
1 195
99
146
78
1, 617
1 255
107
152
103
1,727
1,309
122
17
125
1,743
1,332
116
182
113
1,825
1,400
120
199
100
1,919
1,494
113
205
107
N* braska, totai
\Vi ff es and siltrio^
Proprietors' income
PiOi)erty income
Other income _
1 047
400
458
94
35
1,220
593
470
105
46
1,343
053
500
112
72
1,370
045
509
119
97
1, 473
641
602
142
93
1, 554
72[
58f
159
80
1,848
810
794
170
74
1,653
841
.504
170
75
Florida, total
"Wages and salaries
Proprietors' income
Property income
Other income
1,469
972
254
180
63
2,148
1 455
393
208
92
2, 433
1 596
446
2, 554
1 448
500
324
192
2, 649
1 599
495
345
210
2,817
1 718
508
392
199
2, 948
1 701
559
415
213
Nevada, totalc
"Wafos and alarie j= >
Proprietors' income
Property income
Other income
200
140
43
18
215
140
42
21
0
9Ic
140
42
22
9
215
133
45
24
13
239
144
53
155
2,521
1 533
515
263
210
12
25i
152
5(
35
12
279
103
01
44
11
277
11-2
55
48
12
Georgia total
Wa^es and salaries
Proprietors' income
Property income
Other income
1, 648
1, 093
367
128
60
2, 176
1,440
472
148
116
2, 426
1,555
503
164
204
2, 484
1,477
555
170
282
2. 597
1,519
626
218
234
2,817
1, 676
681
235
225
2, 990
1, 876
660
254
200
2,928
1,902
553
250
217
New Hampshire, total 2
Wages and salaries
Proprietors' income
Property income
Other income
355
243
49
49
14
388
255
01
52
20
427
274
00
55
32
407
290
73
58
46
546
348
87
68
43
590
394
89
71
42
034
43?
88
70
38
621
414
79
81
47
Idaho total
Wages and salaries
Proprietors' income
Property income
Other income
423
224
154
30
15
487
260
176
537
282
188
37
30
540
264
196
39
41
608
294
229
45
40
671
343
238
50
40
735
379
261
57
38
707
397
212
58
40
New Jersey, total 2
Wages and salaries
Proprietors' income
Property income
Other income
4,572
3, 407
512
450
143
5,420
4,182
574
408
196
5,838
4, 403
042
485
308
5,797
4, 162
690
500
445
0,188
4,317
848
570
453
6, 545
4,730
788
047
380
7,038
5, 14f
839
722
331
7,018
5,115
702
760
381
8, 267
5, 525
1,449
992
301
9, 476 10, 297 10, 849 12, 100 13. 305 15, 002 14, 107
6, 526 7, 136 7,12f
7,918 9, 046 10, 003 9, 780
1 516 1 587 1, 800 2 179 1 990 2, 574 1 900
1,001 1,011 1, 153 1,334 1,513 1, 626 1. 607
373
736
799
770
563
694
750
New Mexico, total
"Wages and salaries
Proprietors' income
Property income
Other income
300
173
84
28
15
380
235
93
31
21
425
254
102
33
3r
45f
201
110
3*'
49
490
558
311
155
47
45
014
301
158
53
42
005
401
105
55
44
Indiana, total
Wages and salaries
Proprietors' income
Property income
Other income
3. 11.2
2, OfiO
685
265
102
3, 766
2,572
763
286
145
3, 959
2, 675
Iowa, total
"Wa°es and salaries
Proprietors' income
Property income
Other income
2,015
809
954
189
63
Kansas, total Wages and salaries ._
Proprietors' income
Property income
Other income
1,500
Kentucky, total
Wa°es and salaries
Proprietors' income
Property income
Other income
1,336
7f3
379
133
61
.Louisiana, total
Wages and salaries
Proprietors' income
Property income
Other income
1,419
96
270
128
60
Colorado total
Waires and salaries
Proprietors' income
Property income
Other income
Connecticut, total
Wages and salaries
Proprietors' income
Property income
Other income
-_
Delaware total
Proprietors' income
Property income
Other income
Dist. of Columbia, total 2
Proprietors' income
Property income
Other income
- - __ __
Illinois, total
Wages arid salaries
Proprietors' income
Property income
__
Other income
__
549
139
49
' footnotes at
ond of table
99
18
Montana, total
129
42
47
300
227
4,11?
2, 547
940
314
312
4,327
2, 627
1,055
357
288
4, 784
3,110
1, 048
387
239
5, 387
3, 498
1 247
42?
220
5, 097
3, 456
958
•1-34
249
New York, total 2
Wages and salaries
Proprietors' income
Property income
Other income
2, 389
950
1,134
214
91
2,318
1,019
924
228
147
2, 45!
1, 044
965
247
195
2,982
1.170
1,319
301
186
2,894
1.383
1,033
313
165
3 788
L509
1,72^
343
150
3, 301
1.600
1, 120
349
220
North Carolina, total
Wages and sal?ri^s
ProDrietors' income
Property income
Other income
1,872
1, 135
515
106
50
2.270
1, 425
558
179
108
2, 536
1, 4.5?
684
200
199
2, 051
1, 445
715
211
280
3,012
1,052
882
253
225
3, 22?
1.855
802
272
234
3, 439
2,072
803
295
209
3, 349
2, 080
1,824
1,031
565
155
7>-
1,987
1.102
599
168
118
1,921
1,007
591
174
157
2, 000
9 : -3
630
20°>
144
2.399
l,07f
904
23 '
128
2, 36?
1,219
803
235
111
2,291
1,290
049
233
119
North Dakota, total
Wages and salaries
Proprietors' income
Property income
Other income
435
141
252
2s
14
510
161
299
33
17
501
179
319
3i"
27
579
193
307
39
40
019
228
309
40
30
875
274
511
54
80?
321
454
54
33
703
323
274
53
53
1,695
975
475
145
100
1.839
1,010
500
154
175
1,967
1,01<
549
101
241
2, 145
1 , 107
631
184
223
2. 298
1,285
613
205
195
2. 5SO
1,477
708
221
174
2., 470
1, 400
592
228
190
Oh io, total
Wages and salaries
Proprietors' income
Property income
Other income
7,022
4, 950
1.029
811
232
8,417
6, 114
1.145
845
313
8, 907
6, 408
1,191
873
495
9,122
0, 183
1.372
889
078
9,719 10, 753 12, 032 11,443
6. 487 7, 503 8. 352 8,100
1, 003 1, 534 1, 750 1,441
996 1, 084 1, 192 1,242
572
732
633
660
1 , 898
1 , 287
369
142
100
2,045
1,355
368
152
170
2,018
1,249
375
162
232
2, 033
1,231
415
186
201
2, 230
1,390
453
203
184
2,522
1 , 580
515
223
198
2, 047
1, 048
453
230
316
Oklahoma, total
Wages and salaries
Proprietors' income
Property income
Other income
1, 335
720
421
123
71
1,639
969
4.31
136
103
1,853
1,022
509
151
171
1, 839
992
458
158
231
1, 920
950
502
180
228
15, 340 17, 762 19, 50f 20, 647 23, 090 24. 513 20, 033 20. 340
10. 329 12. 300 13, 23f 13. 691 15, 271 10. 870 18, 329 18, 343
2,130 2,417 2,702 2,939 3,435 3,094 3, 230 2, 83 1
2,291 2,342 2,457 2,550 2, 893 3, 183 3,470 3, 048
703 1, 001 1, 467 1, 497 1, 36( 1, 598 1,518
590
2,130
1,004
034
203
229
2,299
1, 233
044
21.0
200
290
231
2,297
1,292
506
219
220
SURVEY OF CURRENT BUSINESS
22
Table 9.-—State Income Payments, by Type of Payment,
1942-49 1—Continued
[Millions of dollars]
1942
State
Oregon, total
Wages and salaries
Proprietors' income
Property income
Other income _
_ _ _ _ _
Pennsylvania, total
Wages and salaries
Proprietors' income
Property income
Other income
_
1943
1944
1945
1946
1947
1948
1949
1,201
821
257
86
37
1,599
1,109
339
97
54
1,672
1.121
1.671
1,032
1,777
1, 069
1,999
1,279
2.143
1, 388
2,095
1,386
358
108
85
404
120
115
444
143
121
441
161
118
465
182
108
387
195
127
8. 822 10, 377 11, 208 11, 469 12, 593 13, 701 14, 797 14, 468
6,422 7, 501 7,870 7,715 8, 278 9, 537 10, 510 10, 214
1, 045 1, 374 1, 543 1, 655 2, 000 1.881 1,975 1,725
1,052 1. 089 1,131 1, 164 1,310 1,429 1, 558 1,627
754
902
854
664
935 1,005
413
303
961
704
94
107
56
952
667
97
108
80
999
683
110
121
85
1, 083
1, 145
744
102
133
104
812
105
146
82
1. 153 1,291
793
817
226
277
68
77
66|
120
1,319
1,420
1,508
1,681
1,094
478
191
236
32
19
572
199
307
36
30
624
213
330
40
41
676
224
363
48
41
769
265
414
54
36
939
318
533
58
30
73 4
1,530
947
375
145
63
2,003
1,262
469
157
115
2,329
1,397
2,495
1,428
2,544
1,436
2,946
1,782
656
225
245
697
244
223
2,858
1,775
617
173
277
651
201
256
2,742
1, 616
567
165
200
4,524
2,755
1, 166
436
167
6,121
3,863
1,474
499
285
6,645
4,078
1,543
6,676
3,944
1,485
8,113
4,501
2,240
8,716
5,200
2,130
547
477
585
662
7,065
3,988
1,769
Utah total
Wages and salaries
Proprietors' income
Property income
Other income
524
352
119
33
20
693
467
163
37
26
644
417
145
40
42
658
412
146
44
56
Vermont total
Wages and salaries
Proprietors' income
Property income
Other income
254
155
56
35
8
290
175
67
36
12
303
180
67
37
19
2,133
1,555
353
174
51
2,457
1,774
400
187
96
Washington, total
Wages and salaries
Proprietors' income
Property income
Other income
West Virginia, total
Wages and salaries
Proprietors' income
Property income
Other income
Rhode Island, total
Wages and salaries __
Proprietors' income
Property income
Other income
822
612
81
102
27
South Carolina total
Wages and salaries
Proprietors' income
Property income
Other income
669!
191
60
36
South Dakota, total
Wages and salaries
Proprietors' income
Property income
Other income
480
162
272
30
16
Tennessee total
W^ages and salaries
Proprietors' income
Property income
Other income
Texas, total
Wages and salaries
Proprietors' income
Property income
Other income
--
923
700
83
104
36
794
278
83
164
833
364
100
123
942
333
106
127
354
115
118
1, 117
772
91
151
103
1, 584
1,066
269
116
133
327
304
58
45
586
250
247
9,265
5,442
2,373
786
586
856
530
694
419
162
51
62
759
468
180
55
56
816
521
181
61
53
825
539
166
64
56
332
184
81
38
29
371
213
90
41
27
403
242
93
42
26
421
262
90
45
24
400
255
69
48
28
2,646
1,804
2,679
1,746
2,834
1,806
582
247
199
2,980
1,972
3,244
2,183
489
212
232
564
262
182
617
286
158
3,221
2,234
2,218
1,544
417
178
79
2,922 3,240
2,097 2,268
612
527
214
197
101
146
3,C95
2,058
3,139
1,934
3,545
2,317
608
229
200
697
266
242
3,307
2,090
691
295
231
688
329
211
1,094
796
165
78
1,381
1,497
1,642
1,092
1,890
1,340
2,090
1,531
55
1,253
900
193
84
76
285
126
139
306
138
115
Wisconsin, total
Wages and salaries
Proprietors' income
Property income
Other income
2,576
1,592
611
28£
8£
3,025
1,902
714
302
107
3,334
2, OSS
7Q4
Wyoming, total
Wages and salaries
Proprietors' income
Property income Other income
2ie
248
145
76
18
Virginia, total 2
Wages and salaries
Proprietors' income
Property income
Other income
_ __ _-
-
- _
12£
_.
6£
If
g
472
201
169
965
19S
90
127
999
229
94
175
702
606
275
110
165
901
549
516
297
174
3,529
2,353
579
342
255
1,928
1,391
259
144
134
3,488
2,053
S74
4,235
2,609
1,008
4,633
2,942
1,047
4,495
2,925
880
32C
161
33£
22€
3,823
2,216
1,003
272
162
7£
2C
28S
165
81
22
21
330
178
108
26
18
374
214
lie
29
18
41£
25S
10£
34
17
419
268
99
34
18
14
384
220
411
207
454
190
474
216
1 Comparable estimates for the years 1929, 1933, and 1939-41 were published in the August
1945 issue of the SURVEY OF CURRENT BUSINESS.
2
The totals shown here and in table 7 for the States footnoted are not strictly measures of
the income received by residents. The totals for the District of Columbia, New York, and
Maine are too high—and those for Maryland, Virginia, New Jersey, and New Hampshire too
low—in terms of measures of total income received by residents. The estimates shown here
for the District of Columbia include income paid out to residents of Maryland and Virginia
employed in the District, but they exclude the income of District residents employed in these
two States. Estimates for New York include income paid to residents of New Jersey employed in New York, but do not include the income of New York residents employed in
New Jersey. Similarly, estimates for Maine include income paid to residents of New Hampshire employed in Maine. In the computation of per capita income for these 7 States, the
income totals shown here and in table 7 were first adjusted to a residence basis before division
by population. Following are the amounts (in millions) of the adjustments for 1949: District of Columbia, —445; Maryland, +225; Virginia, +220; New York, —480; New Jersey
+480; Maine, —16; New Hampshire, +16.
(The adjustments for Maine and New Hampshire were of more sizable magnitude in the war period.) Because of lack of data which would
permit a breakdown of the amounts of adjustment according to their type-of-payment and
industrial sources, it has not yet been feasible to publish on a residence-adjusted basis the
estimates of total income and its sources for these States.
Source: U. S. Department of Commerce, Office of Business Economics.
Aumist 19.10
the low-income group, from $457 to SI,081, exceeded by a
substantial margin the 74 percent rise in the high-income
group. In the latter, the 1929-49 per capita increase was
from $897 to $1,562. It will be observed that the absolute
increase in this group was larger—though only moderately—
than that recorded for the States with below-average per
capita incomes.
Despite the relative narrowing of geographic variations in
per capita income over the past two decades, these variations
were so broad in 1929 that the general ranking of the States
was not substantially changed by 1949. In 1929, eight of the
States had substantially higher per capita incomes than the
others. By 1949, seven were still in the top rank. And of
the 13 States clustered at the lower end of the per capita
income array in 1929, 11 (all Southern States) were among the
13 States receiving the lowest average incomes last year.
The District of Columbia and New York furnish interesting
examples of the narrowing of relative differentials but comparative stability of rankings. In 1929 their per capita
incomes were the highest in the Nation-—-75 and 65 percent, respectively, above jthe national average. From
1929 to 1949 the percentages by which per capita incomes in
the District and New York exceeded the national average
were cut approximately in half. Nevertheless, in 1949 the
District of Columbia and New York again ranked first and
second in size of per capita income.
There are two main differences between tiie long-term
regional trends in per capita income and the regional trends
in total income discussed in an earlier section. These relate
to the Northwest and Far West. The Northwest—-where
total population increased 5 percent from 1929 to 1949, as
compared with the national increase of 22 percent—experienced a substantially larger relative improvement in per
capita income than in total income. (See table 6.) The
Far West, where population expanded three-fourths from
1929 to 1949, scored the largest relative gain in total income
of any region; but its increase in per capita income was less
than the national average.
Technical Notes
1. Scope of State income work.—The work of the Office of Business
Economics in the field of geographic income measurement is limited to
the preparation of estimates of income payments to individuals by
States. Largely because of the lack of requisite data, State estimates
have not been prepared of national income or of gross national product.
Regional estimates of disposable income were published for selected
years in the August 1947 SURVEY OF CURRENT BUSINESS, but it has
not been possible to develop reliable measures of disposable income by
States because of several statistical incomparabilities between the State
data on income payments and the available State data on taxes.
2. Revision of State income payments.—Latest detailed statistics of
the national income, national product, and related series are available
for the period 1929-41 from the special National Income Supplement
to the July 1947 SURVEY OF CURRENT BUSINESS and for the years 194249 from the July 1950 issue of the SURVEY. (These publications are
available from the Superintendent of Documents, U. S. Government
Printing Office, Washington 25, D. C., or from any Department of
Commerce Field Office. The price of the Supplement is 25 cents and
that of the July 1950 SURVEY is 30 cents.) The estimates published in
the National Income Supplement, as extended in the July 1950 SURVEY,
represented a basic revision of the official national income and product
statistics. As part of this revision a number of changes were made in
the definition of income payments to individuals and the series was
renamed " personal income."
Now in preparation is a complete revision of the estimates of State
income payments back to 1929. This revised (really "new") State
income series will conform with the conceptual and statistical changes
introduced into the national estimates of personal income. No completion date has been set for this comprehensive project, progress on
which has been slowed by the necessary diversion from time to time of
regional income staff members to more current projects.
3. Definition of State income payments.—"Income payments to
individuals" is a measure of the income received from all sources during
the calendar year by the residents of each State. It comprises income
received by individuals in the forms of (1) wages and salaries after
deduction of employees' contributions to social security, railroad
August 19f>0
SURVEY OF CURRENT BUSINESS
retirement, cash sickness compensation, and government retirement
programs; (2) proprietors' incomes, representing the net income of
unincorporated establishments (including farms) before owners' withdrawals; (3) property income, consisting of dividends, interest, and net
rents and royalties; and (4) "other" income, which includes public
assistance and other direct relief; labor income items such as work
relief, government retirement payments, veterans' pensions and
benefits, workmen's compensation, social insurance benefits, and pay of
military reservists; mustering-out payments to discharged servicemen;
family allowance payments and voluntary allotments of pay to dependents of military personnel; enlisted men's cash terminal leave payments
and redemptions of terminal leave bonds; and State government
bonuses to veterans of World War II. Income payments are distributed among the States on a where received basis (with the exception
of wages and salaries, as noted below). Only payments made to
residents are included in the estimates for the continental United States
and individual States.
4. Per capita income—Per capita income payments are derived by
division of total income payments by total population excluding Federal
civilian and military personnel stationed outside the continental United
States. In seven instances, however, income (included in ''total income payments to individuals," table 7) was transferred from the place
of recipients' employment to place of residence before computation of
per capita income. These are New York and Newr Jersey; the District
of Columbia, Maryland, and Virginia; and Maine and New Hampshire.
In this connection, it should be noted that the wage-and-salary component of total income payments is allocated by States on the basis of
data reflecting State of employment, rather than of residence. For all
States except the seven listed above, it is assumed that State of employment is identical with State of residence.
The data used in the derivation of per capita income are midyear
estimates of the Bureau of the Census of the Department of Commerce
for the years 1929-39. With the exception noted in the next paragraph,
unofficial midyear estimates furnished by the Census Bureau, taking
into account the 1950 Census of Population preliminary counts, were
used for the years 1940-49. State population estimates for 1940-49
adjusted to the 1950 census final counts and based on a more refined
methodology will not be prepared and released by the Bureau until
next year.
For the years 1944-46, population totals used in deriving per capita
income are the sum of the unofficial estimates of civilian population
received from the Bureau of the Census and data on military personnel, as compiled from monthly or quarterly information, from the
Departments of the Army and Navy.
5. Regional classifications.—The regional classifications used in the
presentation of income payments by States are adapted from those
proposed by Howard W. Odum in Southern Regions of the United
States (University of North Carolina Press, Chapel Hill, 1936).
6. Principal sources of data.—Estimates of total income payments to
individuals for each State are derived as the summation of a very
large number of separately estimated components. The following
statement, which necessarily omits considerable detail, affords a brief
description of the principal sources of data used in the derivation of
State estimates for each of the four broad types of income payments
defined above. Uniform sources and methods are utilized for all
States.
Wages and salaries, which for the Nation are two-thirds of all income,
are among the types of income for which data are most complete and
reliable. They are estimated by States in considerable industrial
detail. For most industries they are derived from reports of the
Bureau of the Census, the Bureau of Employment Security of the
Department of Labor, and the Bureau of Old Age and Survivors Insurance of the Social Security Administration. In the preparation of
estimates for 1939 and subsequent years, heavy reliance was placed
on wage data compiled by the Bureau of Employment Security from
tabulations by the State unemployment insurance agencies of reports
received from all covered employers. For each State these tabulations
include a summary of the total amount of wages (classified by detailed
industry groups) actually paid out by establisments located in the State.
The unemployment insurance wage data were supplemented by special
tabulations of the Bureau of Old Age and Survivors Insurance furnishing data on wages in the very small-sized firms excluded from unemployment insurance coverage by the varying size-of-firm provisions of the
State laws. These tabulations were compiled from wage data filed by
employers under the old age and survivors insurance program, which
includes all-sized establishments within "covered" employment.
Supplementation of the unemployment insurance wage data by the
old age and survivors insurance wage data yields a complete measure
of wages and salaries paid out by all establishments in "covered"
industries. On a Nation-wide basis, wages and salaries in covered
industries in 1949 constituted three-fourths of all wages and salaries
and one-half of all income payments to individuals.
State estimates of wages and salaries are prepared for each of the
several industries, or types of employment, not covered by Social
Security laws. These include agriculture; Federal, State, and local
government agencies; railroads; domestic service; and nonprofit
23
religious, charitable, scientific, and educational agencies. Data used
in the formulation of estimates for these categories are obtained, for
the most part, from Federal agencies. For example, estimates of wages
paid to hired farm laborers are secured from the Bureau of Agricultural
Economics of the Department of Agriculture. Estimates of wages in
the railroad industry were derived from data obtained from the Bureau
of Employment Security (unemployment insurance data for 1938), the
Interstate Commerce Commission, and the Association of American
Railroads. Wage-and-salary payments by governmental agencies are
based on data supplied by the Civil Service Commission, Bureau of
Labor Statistics of the Department of Labor, Bureau of the Census,
Office of Education of the Federal Security Agency, and the Departments of the Army, Navy, and Air Force.
Estimates of government wages and salaries are made separately for
the executive, judicial, legislative, and military branches of the Federal
Government, and for the school and nonschool groups of employees of
State and local governments. Pay of the armed forces, net of their
contributions to allowances and allotments going to their dependents,
is allocated by States in terms of their State of duty. This allocation is
made separately for each of the four military services and is based on
monthly or quarterly data by States on numbers of officers and of
enlisted personnel stationed in each State and on average rates of pay
for the two groups of personnel.
Proprietors' income may be divided for purposes of this discussion
into net income of farm operators and net income of nonfarm proprietors. State estimates of the net income of farm operators are
derived by deducting from farmers' gross income during the calendar
year their total expenses of production. Gross income includes cash
income from marketings of crops and livestock, Government payments,
the value of products consumed on the farm, and the value (positive
or negative) of the change in inventories of crops and livestock. The
total of production expenses is a summation of 34 separately estimated
items. Data on wThich the income and expenditures estimates are
based are those of the Bureau of Agricultural Economics. The value
of change in inventories, it should be noted, is included in farm proprietors' net income because a measure of current income, not net
receipts, is desired. Also to be noted is that products consumed on
farms are valued at farm prices. For some purposes, particularly
those related to "welfare" comparisons, valuation at retail prices
might be preferable.
The total net income of proprietors in nonagricultural industries is
estimated by States for each major industry division. The general
procedure is to prepare State distributions, or allocations, of national
totals of nonfarm proprietors' income separately for each industry.
The distributions are based mainly, for "benchmark" years (1939 or
1940), on reports of the Bureau of the Census, including reports of both
the industrial and population censuses. The data useful for estimation
furnished in these reports relate to such items as number of proprietors,
sales, withdrawals, value added, payrolls, and employment. Pending
the availability of more complete information from Census enumerations, year-to-year alterations of the State distributions derived for the
census years 1939 and 1940 were based for each industry on a relevant
measure such as volume of sales or wage-and-salary payments. However, limited use was made of preliminary results of the 1948 Census of
Business in preparing the estimates for 1946-49 included in the present
report.
National estimates of dividends, interest, and net rents and royalties
are distributed by States largely on the basis of tabulations by the
Bureau of Internal Revenue of the amounts of these items reported by
individuals on Federal income-tax returns. There are, however,
several important exceptions to this general procedure. Estimated as
separate components are Federal interest payments to individuals (for
recent years from State data on Series E individuals' bond holdings,
furnished by the Treasury Department) and the imputed interest paid
to individuals by financial intermediaries (based for life insurance
companies on life insurance-in-force statistics published in the Spectator
Insurance Yearbook, and for banks on banking payrolls). Agricultural
net rents received by farmer landlords are also estimated as a separate
component, from data furnished by the Bureau of Agricultural Economics.
For most of the numerous individual components of the category of
"other" income payments, State and national data represent actual
disbursements, as reported by Federal agencies. Types of income for
which data on disbursements by States are available from official
reports include public assistance and other relief, retirement and
unemployment insurance benefits under the Social Security and
Railroad Retirement and Railroad Unemployment Insurance programs, benefit payments from State cash sickness compensation funds,
and veterans' pensions and benefits. For two other items of this
category—workmen's compensation and retirement payments by
State and local governments—estimates are supplied by the Social
Security Administration as a product of its studies of social insurance
and related payments. Data on State bonus payments to veterans
of World War II were furnished by the individual State governments.
State data on veterans' redemptions of terminal-leave bonds were
obtained from the Treasury Department.
The Departments of the Army, Navy, and Air Force report dis-
SURVEY OF CURRENT BUSINESS
24
bursements for the country as a whole for mustering-out payments,
military allowances, and enlisted men's cash terminal-leave payments.
Additionally, they supply requisite data for estimating the amounts
of these disbursements received by residents of the various States.
Such data include a tabulation by the War Department of the actual
I lew or
August 1950
amount of family allowance payments received in each State during
June 1944 and annual information on military separations by State of
residence. In addition, the Office of Selective Service Records made
available special tabulations of the number of military personnel
according to State of residence.
STATISTICAL SERIES
Manufactured Dairy Products: Revisions for Page S-27 l
[Thousands of pounds]
Production (factory)
Stocks
Cheese
Condensed milk (sweetened)
Month
Butter
Total
i
American (whole
milk)
Bulk goods
July
August
September
October
November
December
1948
37, 766
40, 915
61, 928
90, 125
114, 626
111,351
13, 831
13, 000
17, 125
26, 538
49, 012
47, 571
9,613
9,501
10, 858
13, 804
12, 942
11, 718
95, 132
89, 712
71, 077
61, 914
48, 833
52, 142
70, 899
30, 573
21, 504
16, 868
13, 673
14, 138
36, 432
28, 661
18, 668
13, 300
11,085
11, 767
10, 605
11, 819
9,688
8,329
7,847
9, 933
932, 718
850, 708
624, 366
286, 990
77, 727
70, 892
52, 031
23, 916
1948
1946
98, 237
94, 568
111, 724
117, 203
148, 318
156, 345
80, 055
77, 895
90, 154
100, 810
133, 101
134, 372
62, 882
63, 418
80, 071
98, 095
127, 243
131, 345
74, 291
78,316
100, 230
114, 131
140, 588
148, 142
63, 592
65, 042
80, 076
93, 744
129, 359
131, 459
55,217
59, 790
76. 389
90, 610
115. 463
123, 026
44, 814
46, 822
57. 991
71, 821
103. 548
106, 902
148, 007
116, 553
100, 238
91, 717
69, 622
76, 562
125, 144
115, 878
95, 581
91, 858
80, 306
84, 888
117, 793
105, 957
92, 845
85, 379
71, 682
69, 637
133, 268
103, 9S4
87, 746
80, 897
60, 898
60, 445
114,219
108, 047
88, 999
81,203
67, 072
71, 613
111,021
84, 648
69, 685
61, 929
43,315
41,615
1, 329, C94 1,210,042 1, 106, 347 1,182,946 1 1,094, 425
I
98,579
91,202
110, 758
100, 837
92, 196
-- _
Total
Monthlv average
Case goods
1948
1947
1948
January
February
March
\pril
May
-.
Juno
1947
1948
1947
1947
Evaporated
milk
(unsweetened)
Dry milk
Dry
whole
milk
Nonfat dry milk solids
(human food)
1948
1946
176, 981
193, 800
271, 340
332, 363
447, 501
440, 864
12, 071
12, 174
12, 433
14, 897
20, 348
19, 827
38, 053
40, 118
55, 683
69, 196
95, 089
94, 890
47, 070
62, 514
80, 698
77, 306
10 1, 532
111,155
15, 080
18, 482
32, 453
39, 560
62, 948
80, 513
380, 308
349, 280
273, 973
221, 710
151,414
143, 359
19, 345
17, 175
12, 929
11, 773
7,962
9, 153
69, 502
52, 977
39, 892
38, 779
37, 173
50, 180
91, 604
74.089
48, 943
34, 872
20, 537
14, 871
90, 742
97, G76
85, 446
73, 114
51,057
44, 375
126, 657 3, 382, 893
170, 087
681 532
14,174
56, 794
63, 766
57,646
1946
1947
10, 555
1948
281, 908
1947
1948
" Compiled by the U. S. Department of Agriculture, Bureau of Agricultural Economics. Data represent final revisions.
Wholesale Price of Kerosene, New York Harbor, Bulk Lots: Revised Series for Page S-35
1
[Dollars per gallon]
Month
January
February
March
April
Mav
June
Julv
August ._
September.
October
November
December
1935
_ .
_ .. _ __ _ _
_
Monthlv average
1
__
... ._
1936
1937
1938
1939
1940
1941
1942
1943
1944
1945
0 062
061
.056
.052
.051
.050
0 052
.052
.050
.048
.046
.046
0 056
.057
.053
.053
.054
.058
0 061
.060
.057
.055
.051
.049
0.048
.047
.045
.043
.044
.043
0 056
.056
.057
.059
.058
.054
0 054
.049
. 046
.049
.052
.052
0 053
.053
.054
.057
.057
.059
0.068
.068
.069
.071
.071
.071
0.071
.071
.071
.071
.071
.071
0 071
.071
.071
.071
.071
.071
.050
.050
.048
.048
.050
.052
.045
.044
.042
.045
.046
.050
.063
.063
.063
. 063
.062
.062
.046
.048
.048
.048
.046
.048
.042
.042
.046
.050
.051
.053
.051
.050
.048
.048
.051
.054
.052
.052
.053
.053
.053
.053
.077
.069
.068
.068
.068
.068
.071
.071
.071
.071
.071
.071
.071
.071
.071
.071
.071
.071
.071
.071
.056
.056
.056
.058
.061
.067
.067
. 067
.067
.070
.052
.047
.059
.051
.046
.054
.052
.062
.070
.071
.066
.064
1948
0 070
.068
.072
.078
.078
.078
.103
.103
.103
.103
.103
. 103
.078
5
0 100
. 103
.103
.103
.103
.103
.OV8
.078
.078
.078
.085
.088
0 061
.061
.061
.061
.061
.061
.103
Compiled by the U. S. Department of Labor, Bureau of Labor Statistics. The series for kerosene, New York H arbor, No. 1 fuel, bulk lots, f. o. b. refineries or terminal , excluding all fees
seri
beginning 1949, see p. S-35 of the April 1950 SURVEY and subsequent issues.
and taxes, has been substituted for the prices for kerosene, water white, Pennsylvania, formerly shown. For data beg
* BUSINESS STATISTICS
JL HE DATA here are a continuation of the statistics published in the 1949 Statistical Supplement to the SURVEY OP CURRENT BUSINESS.
That volume (price $1.25) contains monthly data for the years 1945 to 1948, and monthly averages for earlier years back to 1935 insofar as available; it also provides a description of each series and references to sources of monthly figures prior to 1945. Series added or revised since publication of the 1949 Supplement are indicated by an asterisk (*) and a dagger (f), respectively, the accompanying footnote indicating where historical
data and a descriptive note may be found. The terms "unadjusted" and "adjusted" used to designate index numbers and dollar values refer to
adjustment of monthly figures for seasonal variation.
Monthly averages for 1949 are shown in the March 1950 issue of the Survey of Current Business.
selected series will be found in the Weekly Supplement to the Survey.
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
Data subsequent to June 1950 for
1950
1949
June
July
August
September
October
November
December
January
February
March
April
May
June
GENERAL BUSINESS INDICATORS
NATIONAL INCOME AND PRODUCT f
Seasonally adjusted quarterly totals at annual rates:
National income total
bil. of dol
Compensation of employees total
do
Wages and salaries, total
do
Private
do
Military
do
Government civilian
do
Supplements to wages and salaries
do
Proprietors' and rental income, total<? -do •
Business and professional c?
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
Tnven torv valuation adjustment
do
Net interest
do
217.8
HO. 5
134.2
114.0
4.2
16.1
6.3
42.2
21.1
13.7
7.4
216.7
140.0
133. 6
113.0
4.3
16 3
6.4
40.1
20.7
12.2
7.2
214.2
140 2
133.6
112 7
4.6
16 4
6.6
40.7
20 6
12.8
7 3
217.2
142 3
135.2
114 3
45
16 4
7.1
41.5
21 4
12.8
7 3
30.4
26.4
10.0
16.4
3.9
4.7
31.8
28.2
10.8
17.3
3.7
4.8
28 4
27.6
10 6
16.9
8
4.8
28 4
29.2
11 4
17.8
5.0
—2 3
50
Gross national product total
do
Personal consumption expenditures, total do
Durable goods
do
Nondurable goods
do
Services
do
Gross private domestic investment
do
New construction
do
Producers' durable equipment
do
Change in business inventories
do
Net foreign investment
do
Government purchases of goods and services,
total
bil. of dol
Federal (less Government sales)
do
State and local
do
255.2
178.4
23.0
99.2
56.2
31.3
16.8
19.8
-5.3
1.3
254.4
179.0
24.7
97.6
56.6
32.1
16.9
19.4
—4.2
.1
253.8
180.6
25 3
97.9
57.4
31.2
18 2
18.7
—5 7
-.7
262 5
182.4
26 9
97.5
58 0
40.5
19 9
19.3
13
—1.9
269 9
184.5
26 7
99.0
58 8
45.9
20 9
21.6
34
—2 0
44.3
26.6
17.7
43.2
25.1
18.2
42.8
24 3
18.5
41.4
22 6
18.9
41.4
22 6
18.8
Personal income total
Less* Personal tax and nontax payments
Equals* Disposable personal income
Personal saving§
206 8
18.7
188.2
9.8
203 8
18.7
185.1
6.2
205 4
18 7
186.8
6 2
216 4
18 7
197.7
15 3
214 7
19 2
195.5
11 0
do
do
do
do
147 6
140 2
119 2
4 5
16 5
7 4
41.3
22 3
11.8
7 2
PERSONAL INCOME, BY SOURCE f
Seasonally adjusted, at annual rates:
Total personal income
bil of dol
Wage and salary receipts, total
do
Employer disbursements, total .. _ _ d o
Commodity-producing industries
do
Distributive industries _ _ _
do
Service industries
do
Government
_. do__ _
Less employee contributions for social insurance
bil. of dol
Other labor income
_ _
__ do ___
Proprietors' and rental income
__do
Personal interest income and dividends. -do
Total transfer payments
do
Total n on agricultural income
do
205.9
131.6
133. 9
56.4
39.6
17.5
20.4
r
203. 5
131.4
133.5
56.0
39.4
17.4
20.7
r
204.3
131.3
133.5
56.3
39.4
17.3
20.5
203.4
131. 6
133.8
56.4
39.4
17.4
20.6
202.4
ir.O. 3
132. 5
54.8
39.0
17.8
20.9
205 7
131.3
133.4
55.5
39.0
17 8
21.1
208 4
132 9
135.1
57.0
39 3
17 8
21.0
214 6
132 2
135.0
56.7
39 5
17 9
20.9
215 4
131 5
134 2
55.8
39 3
18 1
21.0
219 3
133 6
136.4
57.7
39 6
18 1
21.0
213 8
135 3
138.1
59.1
39 7
18 2
21 1
2.3
2.9
42.2
16.8
12.4
2.1
2.9
40.2
16.6
12.4
2.2
2.9
40.7
16.8
12.6
2.2
3.0
39.2
17.0
12.6
2.2
3.0
39.8
17.2
12.1
21
3.1
41.7
17.2
12.4
22
3. 1
40 6
18.9
12.9
28
30
43 5
17.5
18.4
2 7
30
41 0
17.7
22.2
28
33
40 2
18.0
24 2
28
33
39 8
18.2
17.2
187.4
186.8
187.3
187.8
186.0
187.6
191 1
195 2
199 0
203 7
198 7
r 214 5
21.0
215 8
138 9
141.8
62.3
40 1
18 5
20.9
28
3 4
41 5
17.8
14 1
2 9
3 4
42 7
17.4
13.4
r igg 4
199 1
r
T
137 7
140. 5
r
T
60.9
40 1
r 18 5
71
r
NEW PLANT AND EQUIPMENT
EXPENDITURES
All industries, quarterly total
Manufacturing
Mining
Railroad
Other transportation
..
Electric and gas utilities
Commercial and miscellaneous
mil. of dol
__do
do
do
__do
do
do
4,660
1,880
190
380
140
780
1,290
4,370
1,690
180
310
140
790
1,260
4,630
],830
180
300
120
890
1,320
i 4 530
1
1 970
i igo
i 300
i 90
l 850
1
1. 170
3 700
1 520
150
230
80
650
1.060
r
Revised.
i Estimates based on anticipated capital expenditures of business; estimates for July-September 1950 are shown on p. 2 of the June 1950 SURVEY.
fRevised series. Quarterly estimates of national income, gross national product, and personal income and monthly estimates of personal income have been revised beginning 1946:
see pp. 28-35 of the July 1950 SURVEY for the revised figures,
cflncludes inventory valuation adjustment.
§Personal saving is excess of disposable income over personal consumption expenditures shown as a component of gross national product above.
897335—50
i
S-l
SUKVEY OF CUREENT BUSINESS
S-2
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
August 1950
1949
June
July
August
September
1950
October
November
Decem- January
ber
February
March
April
May
June
'1,809
' 1, 768
'434
1,334
358
744
208
" 1, 849
"1,815
"547
* 1, 268
"368
"667
"203
GENERAL BUSINESS INDICATORS— Continued
FARM INCOME AND MARKETINGS
Cash receipts from farming, including Government
payments, total J
mil. of dol__
Farm marketings and CCC loans, total
do
Crops
do
Livestock and products, total
do
Dairy products
do _-.
Meat animals
do
Poultry and eggs
do _ _
Indexes of cash receipts from marketings and CCC
loans, unadjusted: t
All commodities
1935-39=100 .
Crops
_ . _do _
Livestock and products
do
Indexes of volume of farm marketings, unadjusted:t_
All commodities
1935-39=100..
Crops
do._ .
Livestock and products
do __
INDUSTRIAL PRODUCTION
Federal Reserve Index
Unadjusted, combined index
1935-39=100
2,608
2,601
1,327
1,274
304
705
250
3,139
3,127
1,773
1,354
298
787
255
3,050
3,038
1,722
1, 316
266
735
303
2,326
2,317
1,175
1,142
267
603
262
2,254
2,238
1,099
1,139
290
676
165
1,614
1,596
581
1,015
276
574
156
478
1,164
315
639
200
1,594
1,544
436
1,108
313
579
202
"305
-•257
'342
326
340
316
363
407
330
392
465
336
471
621
357
457
603
347
349
411
301
337
385
301
240
203
268
247
167
307
232
153
293
'266
'152
352
"281
P211
"334
' 134
'112
'150
141
145
138
162
190
140
168
209
138
202
270
150
193
246
153
155
170
144
154
168
143
109
92
123
112
72
142
104
59
139
'117
'61
159
p 119
"74
"153
'376
Durable manufactures
Iron and steel
Lumber and products
Furniture
Lumber
Machinery
Nonferrous metals and products
Fabricating
_
Smelting and refinine:
Stone, clay, and glass products
Cement
Clay products
Glass containers
Transportation equipment
Automobiles (incl. parts)
170
163
174
178
169
174
178
179
177
183
188
' 195
"201
do
Manufactures
176
169
181
188
179
180
186
189
188
191
197
'203
"209
do
do
do
do
do
do -_
do
do
do _
do._.
do
do
do
do
do
195
177
129
139
124
225
133
108
192
188
209
151
204
240
211
186
156
121
136
113
217
127
105
179
187
209
140
214
249
225
194
178
134
148
126
216
141
128
174
190
207
149
212
246
225
200
179
141
158
132
224
157
150
175
191
219
151
199
252
231
176
102
138
165
125
226
164
162
167
193
211
154
210
238
216
181
145
144
163
134
217
164
161
170
188
206
153
195
206
175
201
201
145
170
132
227
'167
'163
175
181
187
154
177
211
181
206
203
130
166
111
229
'180
' 176
191
179
168
147
202
242
224
204
201
138
173
119
236
'190
'184
202
179
160
150
201
210
182
210
205
147
176
133
243
'201
'197
208
' 180
157
'151
201
214
189
221
222
158
175
150
251
'198
' 194
207
'198
207
155
222
'226
'205
'232
'226
'162
'175
155
'259
'197
'192
'208
'209
221
'161
238
'261
'248
v 238
229
"165
"175
"160
"264
"204
"198
"218
P214
229
v 164
P232
P279
P271
161
190
230
404
104
95
110
165
223
139
133
156
188
225
392
94
80
104
172
222
140
181
170
179
226
388
110
90
123
189
197
134
287
178
179
238
405
114
98
125
190
159
145
267
181
180
245
414
108
99
115
177
121
155
193
178
171
247
417
98
95
101
162
97
172
123
175
151
249
422
101
99
103
156
96
186
103
175
143
249
419
108
96
116
149
95
183
92
176
'143
250
424
118
109
124
146
107
144
86
177
162
250
428
115
97
128
148
128
148
' 83
178
'168
253
434
110
101
115
150
159
145
91
180
' 177
'255
'444
102
94
'106
157
199
144
'98
P184
202
"259
" 455
do
do
do ..
do
do
do
do ._
do
do
do
do. .
143
138
202
159
148
178
126
105
217
120
179
128
125
198
139
133
175
120
87
238
109
152
155
148
203
146
143
178
140
111
259
134
184
169
160
208
145
159
174
155
127
294
139
185
176
168
198
49
169
192
169
134
318
161
171
177
168
205
102
167
187
175
138
340
158
172
167
160
219
158
162
193
173
134
350
151
138
178
171
211
154
157
194
178
144
355
154
162
179
172
205
124
166
195
179
144
357
159
154
179
173
207
146
172
197
173
138
350
152
167
182
175
206
174
174
'202
174
139
348
154
152
181
173
'216
175
169
'213
175
140
'347
157
168
185
178
"220
176
p 169
P220
"173
132
349
do ..
do
do- do ..
do
do.- -
137
135
78
104
153
150
128
126
93
80
147
140
134
134
82
108
149
135
123
122
50
60
154
128
112
120
118
31
156
63
141
152
117
133
163
76
128
136
63
103
157
81
125
133
69
96
154
80
113
118
65
38
155
81
139
148
108
149
152
83
138
147
83
143
155
86
'147
'148
'97
131
' 160
' 139
P155
"154
94
136
»167
"162
do
169
161
170
174
166
173
179
183
180
187
190
'195
" 199
do
175
168
178
184
176
179
188
192
192
194
199
'204
"208
do
do_ ..
do do
do
do
do do
do .
194
123
114
133
193
186
195
152
206
185
115
104
127
180
185
190
140
223
193
126
115
141
174
183
183
145
204
199
132
119
157
175
183
189
146
195
175
133
116
164
167
184
182
146
204
181
147
139
163
169
183
191
147
193
203
159
153
166
174
187
206
150
190
209
144
132
'180
191
190
207
158
206
207
150
138
'190
202
192
211
157
207
211
156
145
'200
208
188
192
'158
201
222
159
150
' 198
207
'201
218
160
222
r231
"237
"154
P144
"204
"219
"212
214
" 165
234
Nondurable manufactures....
do
Alcoholic beverages
_
do
Chemicals products
do
Industrial chemicals
do
Leather and products
do
Leather tanning
do
Shoes
do
Manufactured food products . .
do
Dairy products
do
Meat packing
_.
_ _ _ do.. .
Processed fruits and vegetables
do
Paper and products
Paper and pulp
Petroleum and coal products
Coke
Printing and publishing
Rubber products
Textiles and products
Cotton consumption
Hayon deliveries
Wool textiles
Tobacco products
Minerals
Fuels
Anthracite
Bituminous coal
Crude petroleum
Metals
2,417
2,411
1,162
1,249
328
661
245
1,674
1,642
'645
'248
2,177
2,168
972
1,196
347
592
233
' 2, 044
r 2, 027
'730
'1,297
__
Adjusted, combined Index cf
Manufactures
Durable manufactures
Lumber and products ___
Lumber
_
Nonferrous metals
Smelting and refining
Stone, clay, and glass products
Cement
Clay products
w
Glass containers
_
_
' 158
149
' 197
'208
' 203
210
' 162
223
"164
226
146
124
176
172
177
180
181
176
179
154
165
180
177
161
Nondurable manufactures
do .181
p 184
174
167
173
165
187
172
'175
' 172
169
169
Alcoholic beverages
do
'159
'169
184
236
240
243
247
252
245
228
229
247
233
Chemical products
do .
248
' 256
"261
115
108
101
115
105
96
110
110
97
' 101
Leather and products
do ...
116
108
100
98
84
102
92
99
95
97
98
101
95
91
Leather tanning
do
165
167
161
164
160
161
160
165
'165
166
161
164
Manufactured food products
do
"164
151
146
151
152
149
147
148
151
154
Dairy products
_
_ do
153
148
150
153
158
155
154
160
141
150
151
157
154
153
Meat packing
do 157
144
147
137
149
134
139
136
152
132
173
151
142
Processed fruits and vegetables _ do_ ' 151
'148
"161
169
176
129
167
143
155
Paper and products
do
177
179
178
179
'180
181
184
168
168
126
160
171
138
148
172
174
160
171
Paper and pulp
do _ _ .
'173
177
'Revised.
"Preliminary.
JData for 1947-48 were revised to incorporate revisions iri reports on production and sales of farm products; revised figures for January 1947-July 1948 appear on p. 23 of the April 1950 SURVEY;
revisions beginning August 1948 are shown on p. S-2 of the October 1949 SURVEY and later issues, cf Seasonal factors for a number of industries were fixed at 100 during 1939-42; data for these
industries are shown only in the unadjusted series.
SURVEY OF CURRENT BUSINESS
August i!>r»0
Unless* otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
S-3
1950
1949
June
July
August
September
October
November
December
January
February
March
April
May
June
GENERAL BUSINESS INDICATORS—Continued
INDUSTRIA L PRODUCTION—Continued
Adjusted cf — Continued
M anuf actures— C ontinued
Nondurable manufactures— Continued
Petroleum and coal products, ..1935-39 = 100 ..
Printing1 and publishing
_
do
Tobacco products
do
149
211
163
162
205
168
162
207
169
176
206
170
161
••216
••166
168
p 220
170
170
132
106
130
117
118
118
144
119
140
97
' 145
'124
P 151
v 13G
35.5
17.3
7.0
10.3
7.6
1. 8
5.8
10.6
3.3
7.3
34.7
16.9
7.0
9.9
7.3
1.7
5.6
10.5
3.1
7.4
35.7
17.7
7.5
10.2
7.2
1.6
5.6
10.9
3.6
7.3
36.5
18.0
7.5
10.6
7.3
1.7
5.6
11.1
3.7
7.4
37.9
19.1
8.1
11.0
7.7
1.9
5.8
11.1
3.7
7.4
'36.9
18.5
8.0
10.5
r
7.4
1.8
'5.6
11.1
3.7
7.4
'40.0
' 20. 7
'9.1
'11.6
'8.0
41. 2
21. 2
9.6
11.7
8.3
2.3
6.0
11.7
4.2
7. 5
54.4
30.7
13.9
16.9
9.1
2.9
6.2
14.5
5.7
8.8
54.0
30.5
13. f>
16.9
9. 1
2.9
6.2
14.3
5.5
8.8
53. G
30.9
13.9
17.0
9.0
2.9
6.1
13.7
5.1
8.6
54.1
31.1
13.9
17.3
9.0
3.0
6.0
14.0
5.4
8.6
53.9
31.1
13.9
17.2
9.0
3.0
6.0
13.8
5.2
8.6
54.5
31.1
13.9
17.2
9.1
3.0
6.1
14.3
5.3
9.0
54.8
31.2
14.0
17.2
9.4
3.1
6.3
14.1
5.3
8.9
T
55.4
31. 5
14.1
' 17 4
9.5
3.2
6.3
'14.4
' 5.4
'9.0
56. 3
32.1
14.4
17. 7
9. 5
3.3
31.0
11.8
7.5
11.7
30.7
11.8
7.2
11.7
30.6
12. 0
6.9
11.7
31.1
12.3
6.9
11.9
31.3
12.2
7.2
11.9
31.2
12.1
7.3
11.7
31.1
12.0
7.4
11.7
31.0
11.8
7.5
11.7
31. 3
'11.8
'7.6
11.9
31.7
11. S
7.8
12.1
18, 945
7,982
1,850
546
749
1,130
1,739
492
410
336
395
335
18, 865
7, 877
1,894
579
802
1,130
1,579
365
436
346
388
358
16, 805
6,542
1,088
500
756
1,053
1,371
359
409
324
354
327
17,313
7,041
1,457
512
767
1, 081
1, 258
410
454
345
393
363
16, 857
6, 960
1, 766
524
737
1, 006
1,108
440
426
305
340
307
17, 650
7,471
1, 860
549
784
1,072
1,491
398
350
288
366
314
18, 035
7, 461
1,937
554
789
1,124
1,294
363
395
308
377
319
19, 144
8,127
1, 989
572
885
1,272
1,456
395
460
366
389
344
18, 459
7,956
2, 015
542
833
' 1, 218
9,907
2,774
674
271
968
770
282
497
555
1,106
1,511
271
227
10, 964
2,969
740
298
1,111
995
316
583
573
1,239
1,598
295
245
10, 988
2,989
589
285
1,164
964
294
644
596
1,274
1,618
277
294
10, 263
2,890
528
256
1,089
791
274
623
509
1,174
1,575
262
291
10, 272
2,834
522
280
1,133
688
254
618
512
1,182
1,654
262
333
9,897
2,699
552
256
1,044
700
244
583
612
1, 085
1,580
266
275
10, 178
2,878
501
281
1,054
670
249
600
613
1,175
1, 536
276
343
10, 574
3, 010
507
273
1,087
698
280
610
709
1,192
1, 565
286
356
32, 367
15,225
3,459
1,115
1,806
3,386
1,904
903
617
757
548
731
31, 638
14, 741
3,337
1,064
1,737
3,329
1,824
860
586
754
527
724
31,076
14, 282
3,202
1,035
1,648
3, 239
1,769
869
558
744
506
712
30, 744
13, 876
3,062
1,023
1,603
3,152
1,678
839
598
717
492
712
30, 547
13, 646
3,048
1,028
1,568
3,082
1,626
809
602
723
474
687
30, 899
13, 869
3, 129
1, 022
1,600
3,090
1, 767
764
591
723
484
698
31, 136
13, 880
3,123
982
1,594
3, 064
1,803
740
642
745
488
700
31, 098
13, 923
3,101
982
1, 605
3,098
1,810
708
646
787
493
693
202
149
172
198
144
146
203
151
178
208
159
175
198
165
165
205
160
169
219
159
133
124
123
105
129
102
119
98
112
59
141
76
Business sales (adjusted), total§
bil. of dol
Manufacturing, total.
_ do ...
Durable-goods industries
do
Nondurable-goods industries _.
_ do
Wholesale trade, total
do
Durable-goods establishments
do
Nondurable-goods establishments.
do ..
Retail trade, total..
.
do
Durable-goods stores
... do _ _
Nondurable-goods stores
do
36.4
18.0
7.7
10.2
7.7
1.8
5.9
10.7
3.3
7.3
34.8
17.1
7 2
9^9
7.2
1.6
5.5
10.5
3.3
7.2
37.1
18.9
8.0
11.0
7.5
1.8
5.7
10.7
3.5
7.2
37.2
18.9
7.9
11.0
7.5
1.9
5.6
10.9
3.5
7.4
34.6
16.8
6.5
10.3
7.1
1.7
5.4
10.7
3.6
7.1
Business inventories, book value, end of
(adjusted), total §
bil.
Manufacturing, total
Durable-goods industries
__
Nondurable-goods industries
Wholesale, total
. _
Durable-goods establishments
Nondurable-goods establishments .
Retail trade, total
Durable-goods stores
Nondurable-goods stores
month
of dol
do
do
do
do
do
do
do
do
do
66.4
33.3
15.7
17.5
9.0
3.2
5.8
14.2
5.4
8.8
55.3
32.4
15.2
17.1
9.1
3.1
6.0
13.9
5.3
8.6
54.6
31.6
14.7
16,9
9.1
3.0
6.0
13.9
5.3
8.6
54.6
31.1
14.3
16.8
9 2
3.'o
6.2
14.4
5.6
8.8
Manufacturing inventories (unadjusted), by
stage of fabrication, total _
bil. of dol
Purchased materials
.. _
_ do
Goods in process
do
Finished goods .
_ ._ _
do
32.9
12.4
8.1
12.4
32.3
12.2
8.0
12.2
31.7
12.0
7.7
11.9
17, 990
7,745
1,811
512
730
1,195
1,553
454
417
339
369
366
17, 114
7,207
1,703
418
669
1,063
1,558
487
362
288
349
310
10, 244
3,006
701
279
984
685
303
461
592
1, 143
1,525
266
300
33, 250
15, 727
3,564
1,136
1,888
3, 484
1,977
91C
652
786
563
762
Minerals
Metals
_
__
do._
do
BUSINESS SALES AND INVENTORIES*
••K 9
11.3
3.9
7.4
r
14. 8
5.6
9.2
MANUFACTURERS' SALES AND INVENTORIES—VALUE (ADJUSTED)*
Sales, total
mil. of dol...
Durable-goods industries, total
- d o __
Iron, steel, and products
- do
Non ferrous metals and products
do
Flectrical machinery and equipment
do
Machinery, except electrical
do
Motor vehicles and equipment
do
Transportation equip., except autos _.. do _.
Lumber and timber basic products
do
Furniture and finished lumber products.- do
Stone, clay, and glass products
do
Other durable-goods industries..
do
Nondurable-goods industries, total
Food and kindred products
Beverages
Tobacco manufactures
Textile-mill products
Apparel and related products
Leather and products
Paper and allied products
Printing and publishing
Chemicals and allied products
Petroleum and coal products
Rubber products
_
Other nondurable-goods industries
do
do
do
do
do
do
do
do
do
do
do
. do
do
Inventories, book value, end of month, total _do _
Durable-goods industries, total.
_ do
Iron, steel, and products
do
Non ferrous metals and products
_
do
Electrical machinery and equipment
do
Machinery, except electrical
do
Motor vehicles and equipment
do
Transportation equip., except autos
do
Lumber and timber basic products
do Furniture arid finished lumber products. -do
Stone, clav, and glass products
do
Other durable-goods industries
do
1,486
384
450
352
360
315
' 20, 695
' 9, 089
' 2, 261
'648
r
918
' 1, 350
' 1, 756
'418
' 529
'394
'459
'356
21, 239
9, 550
2, 324
746
994
1, 352
1, 906
386
605
410
455
371
11,017
3,010
604
286
1,091
724
290
636
722
1,311
1.632
306
406
10, 502
3,023
577
254
1,027
620
264
574
648
1,221
1,662
303
330
' 11, 606
' 3, 460
'658
285
' 1, 166
r
616
'293
'640
'674
' 1, 374
' 1, 716
337
'387
11,689
3,449
739
291
1,182
547
319
666
679
1, 409
1, 740
31,103
13, 878
3,109
977
1, 593
3,117
1, 806
677
615
794
495
695
31,219
14,011
3,171
996
1,606
3,116
1,840
648
619
807
506
702
31, 509
' 14, 140
' 3, 228
' 991
' 1, 660
' 3, 119
' 1, 829
' 626
' 641
829
r
503
'714
32, 059
14, 397
3, 300
1,035
1, 700
3, 163
1, 832
650
643
853
518
723
303
17, 142
16, 898
17, 524
16, 867
17, 030
Nondurable-goods industries, total .. _. .do. ..
16, 794
17, 256
17, 175
' 17, 369 17, 661
16, 900
17, 225
17, 208
2.842
2,884
2,955
Food and kindred products
do
3,066
3,026
2,806
2,983
3,166
3,194
' 3, 217
3,168
3, 183
3,220
1,095
1,062
Beverages
do
1,102
1,099
1,088
1,124
1,162
' 1, 143
1,082
1,124
1, 102
1,106
1, 159
Tobacco manufactures
do
1,633
1,668
1,715
1,611
1,706
1,728
1, 699
1,684
' 1, 698
1,697
1,670
1,673
1,687
r
2,219
Textile-mill products .
...do _
2,361
2,316
2,218
2, 283
2,254
2,306
2,198
2,314
2,339
2, 466
2, 591
2,338
Apparel and related products
do
1,412
1,421
1,332
1,359
1,332
1,377
1,524
1,467
1, 594
' 1, 470
1,480
1,496
1, 357
Leather and products
__ _ _
_ do
624
611
598
618
590
614
636
691
610
644
' 665
616
616
Paper and allied products..
do
739
872
832
793
759
782
751
756
' 759
778
737
775
778
Printing and publishing
do
568
559
609
561
585
580
600
589
642
588
606
617
'615
Chemicals and allied products.
do
2, 264
2,278
2,247
2,222
2,194
2, 164
2,223
2,228
2,154
' 2, 149
2, 169
2,112
2,128
Petroleum and coal products
do
2,412
2,544
2,546
2,513
2,507
2, 322
2,472
2, 358
2,497
2.204
' 2, 213
2, 240
2,246
Rubber products
do
625
586
584
644
562
537
594
587
609
595
588
598
Other nondurable-goods industries __ _.do.- .
415
373
427
400
302
360
390
383
375
396
363
'366
361
T
Revised.
* Preliminary.
cfSee note mark ed'V'on p. S-2.
*New series. Except as otherwise stated, season ally adjust ed dollar s ales and in ventories h ave been s ubstituted beginning with the C)ctober 194 9 SURVEY f or the una ijusted dol lar values
and indexes formerly shown; for earlier figures and < Let ails rega rding the new series, see pp. 12--24 of the C)ctober issile. Sales and invent ories of ser vice and lirnited-func tion wholes alers only
are published currently on p. S-10.
§ The term " business" 1lere includ es only manufacturin g and trad 2. Busines s inventor ies as sho^»vn on p. i3-1 cover cLata for all types of 3roducers,
both farm and nonfarm.
SUEVEY OF CURRENT BUSINESS
S-4
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
August 1050
1950
1949
July
June
August
September
October
November
December
January
February
March
May
April
June
GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' NEW ORDERS, NET*
Value (unadjusted), total
mil. of dol
Durable-goods industries, total , __ ._ _ do
Iron, steel, and products
._
do ..
Nonferrous metals and their products
do
Electrical machinery and equipment _ _ _ do _ _
Machinery, except electrical
do
Transportation equipment, except autos. -do
Other durable-goods industries
do
Nondurable -goods industries
_ do _
16, 300
6,544
1,504
418
702
1,017
217
2,686
9,756
15, 496
6,195
1,284
365
561
858
263
2,865
9,301
18, 697
7,407
1,776
615
687
938
244
3,146
11,290
19, 441
7,634
1, 513
583
810
996
377
3,355
11, 807
18, 359
7, 432
1, 837
566
841
970
246
2,972
10, 926
18, 138
7,402
1,771
525
724
953
711
2 718
10, 736
16, 775
7.019
1,915
508
788
1,001
243
2. 5f>4
9.756
18, 646
8 377
2, 067
586
841
1,184
513
3 186
10, 269
17,983
7, 513
1,995
578
754
1,196
353
2,638
10, 470
20 228
9,075
2,382
638
1,006
1 396
311
3 341
11 153
18, 594
8.531
2,028
587
835
1,328
545
3 208
10, 063
«• 20, 345
' 8, 909
r 2, 343
'648
' 891
' 1, 420
'261
'3 346
' 11, 436
22 626
10, 665
2,661
692
1,060
1, 545
848
3, 859
11, 962
BUSINESS POPULATION
OPERATING BUSINESSES AND BUSINESS
TURN-OVER
Operating businesses, total, end of quarter J thous__
Contract construction
do
Manufacturing
do _
Service industries
do
Retail trade
do .Wholesale trade
do
All other
- -- - do
New businesses quarterly total
Contract construction
- _
Manufacturing
Service industries
Retail trade
Wholesale trade
- Ml other
do
do
do
do _
do
do
do
-
3, 948. 8
332.2
305. 8
849 7
1, 689. 5
203 3
568.3
3, 941. 5
331. 5
208. 7
840 4
1, 690. 1
203 5
568.3
3, 941. 6
332.4
293. 4
851 o
1, 690. 4
204 2
570.0
99.0
16.9
9.0
20.0
37.9
4.2
11.0
84.5
12.9
7 1
16.6
34.5
3.8
9.6
79.8
12.7
7 0
16.4
29 8
3.8
10 1
Discontinued businesses quarterly totalt
Contract construction
Manufacturing
Service industries
Retail trade
Wholesale trade
All other
-
do
do
do
do
do
do
do_ _.
109 9
11 5
17 0
22 0
43. 4
4 0
12.0
91 8
13 6
14 1
16 9
33.9
3 6
9.7
79.8
11 8
12 3
14. 7
20.4
3.1
8.4
Business transfers, quarterly total -
do _
83.6
83.5
71.0
BUSINESS INCORPORATIONS
7,260
6,424
6,828
6,867
6,877
6,755
7,857
9,070
7,736
9 180
8 375
9,216
8 861
_ _ number. do
do
do
do_ do
828
75
74
215
372
92
719
49
61
188
344
77
810
53
55
221
385
96
732
67
71
183
329
82
802
58
90
181
364
109
835
63
83
197
395
97
770
50
80
201
349
90
864
61
65
225
403
110
811
69
73
170
399
100
884
74
86
206
402
116
806
44
76
195
398
93
874
62
80
197
426
109
725
f1
167
363
67
thous. of doL.
do _ _
do
do
do
_ _ do
New incorporations (48 States)*
28, 161
1,862
2,476
13, 500
6, 234
4,089
21,804
1,393
1 . 845
10, 183
5,629
2,754
31,175
1,187
2,272
16, 008
6,424
5, 284
20, 598
1,289
2,148
9,379
4,929
2, 853
23, 894
] . 248
1.989
11,807
5, 833
22, 799
1,281
4, 362
8. 419
5, 929
2, 808
19, 251
668
1.814
7, 465
6 284
3,020
26, 436
1,829
1 884
10, 928
7 355
4,440
22, 156
1.875
1,824
7. 005
6 386
4,166
27, 900
1, 706
2 777
12, 241
7 859
3,317
21, 250
819
1 4*35
7, 080
7 179
3,807
22 672
1,' 474
2 129
7, 470
8 650
2,949
18,072
1 "72
1 533
7,244
5 154
2, 569
number
INDUSTRIAL AND COMMERCIAL
FAILURES
Failures, totaled
_ Commercial serviced1
Construction
Afanrfacturing and mining
Retail trade
__
Wholesale trade - ~
_
Liabilities, totaled
Commercial serviceo"
Construction
_
Man u facturing and mining •
Retail trade
Wholesale trade
_ _
2 927
COMMODITY PRICES
PRICES RECEIVED AND PAID BY FARMERS
Prices received, all farm products t §---1910-14=100-Crops
do
Food grain _
_ __
do
Feed grain and hay
_ _
do
Tobacco
do
Cotton
_
_ --do
Fruit
_
.
do .
Truck crops
_ . _
do _ _ Oil-bearing crops
_
do
Livestock and products
_.. do _
AT eat animals
_ _ _
do
Dairv products
do
Poultry and eggs
do
Prices paid:f
All commodities
_ 1910-14=100
Commodities used in living
do
Commodities used in production
do
All commodities, interest, taxes, and wage rates
1910-14=100Paritv ratiot
r
_
do
246
221
209
171
404
253
217
168
219
269
316
237
213
244
214
205
165
400
246
181
170
241
271
310
244
225
242
245
239
240
244
252
99
249
225
213
168
404
253
235
155
232
271
323
233
212
247
212
211
1 06
237
210
215
157
369
233
172
213
220
262
286
261
216
233
210
210
168
394
223
174
196
225
255
280
261
194
235
219
218
170
382
222
185
261
228
249
286
254
158
237
215
219
171
389
231
186
203
228
257
306
250
155
237
250
160
188
227
279
319
251
236
242
210
213
161
390
241
180
174
221
271
301
258
230
215
224
174
389
236
193
168
230
258
308
243
165
241
225
2°7
181
389
242
206
205
239
256
312
235
161
247
223
230
190
387
246
195
178
248
269
342
230
154
247
^25
218
100
388
251
207
182
254
268
342
2°7
156
238
242
234
238
240
234
237
239
235
236
238
234
237
239
235
238
238
237
237
238
237
239
239
239
240
239
241
244
242
246
945
243
247
250
249
248
246
245
246
249
248
250
251
254
255
98
98
100
98
97
95
94
96
95
96
97
97
Revised.
*Ne\v series. Begin
back to January 1946 an
a r e available f o r t h e 4 8 State
_
,,
,
,
._
, . . . , , _ ,
..
,
_..„
JRcvivSions in previously published data on operating and discontinued businesses for the final quarter of 1948 and the first quarter of 1949 will be shown later.
cTFor comparability with data prior to 1945, figures for certain subsequent months have been revised to exclude railroad failures. Revisions are shown in the February 1950 SURVEY.
§July 1950 indexes: All farm products, 263; crops, 236; food grain, 226; feed grain and hay, 195; tobacco, 387; cotton, 278; fruit, 211; truck crops. 200; oil-bearing crops, 267; livestock and
products, 287; meat animals, 371; dairy products, 232; poultry and egcs, 173.
tRevised series. Beginning with the February 1950 issue of the SURVEY, data have been revised (effective back to 1910) to reflect changes prescribed in the Agricultural Acts of 1948
and 1940; revisions for 1910-48 are shown on p. 36 of July 1950 SURVEY.
SUEVEY OF CURRENT BUSINESS
August 1950
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
S-5
1950
1949
June
July
August
Septem- October
ber
November
December
January
February
March
April
May
June
COMMODITY PRICES—Continued
RETAIL PRICES
All commodities (U. S. Department of Commerce
index)
1935-39=100--
188.3
186. 8
186.6
187.2
185.6
185.7
184.4
183.8
183.3
183.8
184.1
185.7
187.5
Coal (U. S. Department of Labor indexes):
Anthracite
Oct. 1922-Sept. 1925=100-.
Bituminous
_
-do
142.3
164.8
143.0
154.8
143.4
154.9
145.4
156.4
147.4
158.5
148.3
160.5
148,4
162.7
148.5
164.1
148.5
164.5
149.3
166.2
154.2
165.6
' 147. 2
160.9
147.4
160.2
Consumers' price index (U. S. Dept. of Labor):
All items
193 5-39 = 100_ _
Apparel
do
Food
do
Cereals and bakery products
do
Dairy products
- do__ _
Fruits and vegetables
do
Meats, poultry, and
fish
do..
Fuel electricity and refrigeration
do
Gas and electricity
__do
Other fuels
_ _ _
do
Housefurnishings
do
Rent
- - -do
Miscellaneous
__do
169.6
190.3
204.3
.169.7
182.0
217.9
240.6
135.6
96.9
183.0
187.3
120.6
154.2
168.5
188.5
201.7
169.5
182.2
210.2
236.0
135.6
96.9
183.1
186.8
120.7
154.3
168.8
187.4
202.6
169.4
184.9
201.9
239.5
135.8
97.1
183.1
184.8
120.8
154.8
169.6
187.2
204.2
169.7
185.3
199.8
243.6
137.0
97.1
185.9
185.6
121.2
155.2
168.5
186.8
169.1
186.7
194.5
235.1
138.4
97.0
188.3
185.2
121.5
155.2
168.6
186.3
200.8
169.2
186.4
202.0
229.1
139.1
97.0
190.0
185.4
122.0
154.9
167.5
185.8
197.3
169.2
186.2
198.2
223.2
139.7
97.2
191.6
185.4
122.2
155.5
166.9
185.0
196.0
169.0
184.2
204.8
219.4
140.0
96.7
193.1
184.7
122.6
155.1
166.5
184.8
194.8
169.0
183.6
199.1
221.6
140.3
97.1
193.2
185.3
122.8
155.1
167.0
185.0
196.0
169.0
182.4
195.2
227.3
140.9
97.1
194.4
185.4
122.9
155.0
167.3
185.1
196.6
169.3
179.3
200.5
227.9
141.4
97.2
195.6
185.6
123.1
154.8
168.6
185.1
200.3
169.6
177.8
206.5
239.5
138.8
97.1
189.1
185.4
123.5
155.3
170.2
185.0
204.6
169.6
177.1
217.2
246.7
138.9
97.0
189.4
185.2
123.9
155.3
200.6
WHOLESALE PRICES rf1
U. S. Department of Labor indexes:^
All commodities
_
1926=100 _
Economic classes:
Manufactured products
do
Raw materials
do
Semimanufactured articles
-do
Farm products
- do
Grains
do _
Livestock and poultry
__do
Commodities other than farm products. -do
154.5
' 153. 6
152.9
' 153. 5
152.2
151.6
151.2
151.5
152.7
152.7
152.9
155.9
157.3
'150.6
164.5
146.5
168. 8
154.9
193.3
' 151. 1
M49.8
163.2
146.0
166.2
154.1
188.5
' 150. 6
149.4
161.3
147.9
162.3
150. 4
186.3
150.6
150.1
162.0
147.8
163.1
156.4
186.6
151.2
149.1
145.3
159.6
155.3
177.7
150.3
148.2
160.4
145.1
156.8
156.4
169.6
150.3
' 147. 9
159.5
144.7
154.9
160.9
167.0
' 150. 1
148.2
159.8
144.8
154.7
160.2
170.5
150.5
149.1
162.4
144.3
159.1
161.3
179.9
151.1
148.9
162.8
144.1
159.4
165.4
180. 3
151.0
149.4
162.5
143.9
159.3
169.6
178.0
151.2
152.2
166.3
145.6
164.7
172.3
194.6
153.7
153.5
167.7
148.1
165.9
169.3
197.5
155.2
162. 4
145.6
145.5
157.5
215.5
161.3
146.1
149.2
145.4
212.2
160.6
142.8
152.7
130.3
210.7
162.0
143.7
153.5
126.9
215.1
159.6
144.6
154.6
158.9
144.6
154.7
r 155. 7
154.8
144.3
148.8
134. 3
194.5
156.7
144.8
147.5
138.2
201.6
155.5
145.6
144.8
134.9
200.0
155.3
145.9
141.1
137.6
200.6
159.9
146.0
138.0
139.2
217.1
162.1
145.6
135.9
140.5
223.7
145. 5
191.4
160.8
133.7
280.7
"•153.8
'145.1
145.0
' 188. 3
161.5
133.0
277.4
r
144. 0
145.3
189.4
161.8
133.0
' 279. 8
' 144. 1
Chemicals and allied products..
do .
Chemicals
--do_ _
Drug and pharmaceutical materials. -do...
Fertilizer materials
do
Oils and fats
do
' 116. 7
••116.7
124.3
117.5
116.9
r 118.0
r
'117.9
124.7
120.7
118.5
119.6
' 117.8
125.0
121.8
130.3
' 117. 6
' 117. 2
125.0
120.4
118.4
' 115. 9
Fuel and lighting materials
Electricity
Gas
Petroleum and products
do
do
do
do
' 130. 0
68.9
90.1
110.4
' 130. 1
70.0
89.5
110.2
M29. 6
68.5
88.9
109.7
r 129. 9
r 130. 6
68.9
89.3
109.1
Hides and leather products
Hides and skins
Leather
_
Shoes
__do
do
do
do
178.8
186.0
177.1
184.1
177.8
184.7
175.4
183.8
178.9
194.5
173.7
183.8
181.1
204.8
r
145.3
' 151.1
139.3
143.0
149.1
136.8
Foods
Cereal products
Dairy products
Fruits and vegetables
Meats poultry and fish
_
do
do
- do
do
..do
Commodities other than farm products and
foods
1926=100
Building materials
do
Brick and tile
do
Cement
do
Lumber
do
Paint and paint materials
do _
House furnishing goods
Furnishings
Furniture
do
_ _ d o __
do
r
189.0
161.5
133. 1
277.4
r 145. 4
r 160. 4
r 128. 0
205.0
' 130. 7
198.9
r
144.6
154.4
' 132. 4
193.5
145. 0
' 189. 6
161.9
134.5
•• 283. 5
' 140. 1
r 145. 4
190.4
161.9
134.5
285.2
' 139. 6
145.8
191.6
163.5
134.8
287.5
139.0
145.9
192.8
163.2
134.9
292.1
139.0
146.1
194.2
163.3
134.9
295.9
138.2
146.4
194.8
163.4
134.9
299.4
136.7
147.6
198.1
' 163. 9
134.9
310.8
136.8
148.8
202.2
164.3
134. 9
322.7
137.7
'115.8
' 115.0
123.0
118.3
118.3
'115.2
'114.3
121.6
117.9
118.2
115.7
114.7
121.5
117.4
122.7
115.2
114.7
121.4
116.9
120.9
116.3
115.4
121.9
117.3
125.6
117.1
116.4
122.0
117.4
127.5
116.4
116.5
122.3
116.8
122.2
114. 5
117. 3
122.7
108.4
111. 9
70.1
87.8
109.9
' 130. 2
70.3
88.3
108.5
' 130. 4
69.6
87.2
108.5
131.4
68.9
85.0
109.4
131.3
69.6
87.4
109.4
131.5
67.9
88.3
108.6
131.2
67.8
86.8
109.5
132.1
132.7
87.2
112.6
113.9
175.5
183.8
181.3
205.6
176.5
183.4
180.8
199.5
177.0
184.3
179.9
192.8
178.1
184.3
179.3
189.0
177.6
184.3
179.0
188.2
176.6
184.3
179.6
190.4
177.9
184.3
179.4
187.2
179.1
184.3
181.0
' 194. 4
179.3
185.0
182.6
202.1
180.6
184.8
142.9
149.1
136.6
142.9
149.1
136.6
143.0
149.2
136.7
143.4
149.9
136.8
144.2
151.2
137.0
144.7
151.5
137.8
145.2
151.8
138.4
145.5
152.2
138.6
145.8
152.6
138.8
146.6
154.1
138.9
147.0
154.4
139.3
145.0
r 189. 3
161.8
134.5
' 282. 0
r 141. 4
r 115.3
123.1
120.2
115.6
-
do
do
do ..
_ do
r
167. 1
' 164. 6
128.8
154.7
167.9
164.2
132.1
154.7
168.2
163.8
135.9
154.7
' 168. 2
164.0
135.7
154.6
167.3
163.3
131.5
154.6
167.3
163.4
131.7
154.6
167.8
165.4
129.2
154. 6
168.4
167. 3
128.6
151.7
168.6
168.8
128.1
148.7
168.5
169.0
127.2
151.9
168.7
' 168. 9
128.9
154.7
' 169. 8
168.6
136.3
156.4
171.8
169.2
148.4
156.3
Textile products
Clothing
Cotton goods
-. -Hosiery and underwear
Rayon and nylon _ _ _ __
Silk
Woolen and worsted goods
do
. do. do
do
do. _
do
do
' 139. 1
145. 6
T
169. 3
"•99.5
39.6
49.2
159.7
138.0
144.8
167.3
••98.4
39.6
49.2
157.6
138.1
144.8
170.2
98.4
39.6
49.2
152.6
139.0
144.8
174.8
98.4
39.6
49.2
150.4
138.0
144.6
176.5
98.4
39.6
49.2
145.1
138.0
144.2
177.9
98.4
39.6
49.5
146.0
138.4
144.0
178.4
98.4
39.6
49.9
146.9
138.5
143.9
178.7
98.5
39.6
50.1
147.0
138.2
143.1
178.4
98.6
39.9
50.1
147.2
137.3
143.5
176. 5
98.0
39.9
49.1
146.3
136.4
144.2
' 172. 8
97.7
39.9
49.1
146.1
136. 1
143.8
172.0
97.7
39.9
49.3
146.2
136.8
143.8
173.8
97.7
39.9
49.3
148.3
Miscellaneous
Automobile tires and tubes.
Paper and pulp . - __
do
do
_ do
111.0
62.1
159.6
110.3
60.6
156.8
109.8
60.6
156.8
109.6
60.6
156.5
109.0
60.7
156.5
109.7
62.5
156.5
110.7
64.3
156.0
110.0
64.3
155.9
110.0
64.3
155.6
110.7
64.3
155.5
112.6
65.0
155.4
114.7
65.8
155.4
114.8
67.0
155.4
52.0
59.0
48.9
52.4
59.3
49.6
52.6
59.2
49.4
52.4
59.0
49.0
52.8
59.3
49.9
53.1
59.3
49.8
53.2
59.7
50.6
53.1
59.9
50.9
52.7
60.1
51.2
52.7
59.9
50.9
52.6
59.8
50.8
51.6
59.3
49.9
51.2
58.8
48.9
Metals and metal products
Iron and steel
Nonferrous metals
_
Plumbing and heating .
PURCHASING POWER OF THE DOLLAR
As measured byWholesale prices
Consumers' prices
Retail food prices
1935-39=100
do
- do
* Revised.
cf For actual wholesale prices of individual commodities, see respective commodities.
JIndexes for the latest 2 months are preliminary and are currently revised to incorporate corrections received in the 2 months following. Any additional corrections received are
incorporated in final annual summaries issued in the middle of the year. Corrected indexes for June-December 1949 are shown in this SURVEY, and for June-December 1948 in the August
1949 issue. Corrected indexes for January-May 1948 and 1949 are available upon request.
SUKVEY OF CUBRENT BUSINESS
Sr-6
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
August 1950
1950
1949
June
July
August
Septem- October
ber
November
December
January
February
March
April
May
June
CONSTRUCTION AND REAL ESTATE
CONSTRUCTION ACTIVITY
New construction, total f
mil. of dol__
Private, total
_ _ _ - _do
Residential (nonfarm)
do
Nonresidential building, except farm and public
utility total
mil of dol
Industrial
do
Commercial
do
Farm construction.
___
__do
Public utility
do__
Public, total
Residential
Nonresidential building
Military and naval
Highway
Conservation and development
Other types
__
do
do__ _
_ do _
do
do _ _ .
do
do
2,039
1,428
712
2,119
1,481
757
2.195
1,514
782
2,214
1, 513
809
2,177
1,506
832
2,044
1.484
837
1,852
1, 401
806
1,712
1,298
742
1,618
1,262
717
1,750
1,313
741
1,959
1,453
852
-•2,250
r
1,665
'1,010
2,500
1,846
1,134
272
76
94
131
305
273
72
93
138
305
271
71
89
140
313
262
69
83
127
308
264
68
84
104
299
270
68
88
87
283
267
68
86
75
246
257
69
79
74
216
252
70
77
75
209
249
69
77
79
235
249
70
76
88
253
275
73
92
100
267
306
78
110
108
285
611
33
172
11
236
80
79
638
32
176
12
256
78
84
681
37
187
15
275
80
87
701
40
218
15
255
81
92
671
41
215
16
233
80
86
560
36
179
14
184
71
76
451
34
158
12
117
60
70
414
35
155
9
90
56
69
356
26
154
9
55
49
63
437
28
170
8
100
62
69
506
28
178
9
145
74
72
585
28
187
9
200
85
76
654
28
193
10
250
94
79
37, 203
945, 676
375, 431
570, 245
32, 579
943, 560
410, 352
533, 208
43, 782
37, 662
46, 925
905, 748 1,093, 724 1,061,751
331, 892
316, 409
288, 754
729, 859
589, 339
804, 970
40, 132
957, 761
315, 683
642, 078
34, 704
929, 030
298, 714
630, 316
30, 989
730, 855
200, 541
530,314
59, 616
65, 305
53,494
35, 715
60, 658
779, 530 1, 300, 201 1. 350, 496 1,347,603 1, 345, 463
354, 115
284, 925
480, 972
388,643
428, 264
494, 605
819, 229
996, 381
958, 960
917, 199
4,5(78
32, 961
335, 961
4,384
33, 283
350, 282
4, 318
25, 746
278,031
4,186
32, 448
345, 023
4,528
32, 004
357. 085
3.518
25, 495
266, 103
3,293
28, 345
303, 205
2,882
22, 297
235, 294
3,017
24, 790
265, 567
4,373
37, 539
500,658
4,998
43, 071
448, 619
5,204
40, 482
408, 543
5,090
45, 254
443, 996
29, 949
45, 804
370, 752
25, 570
42, 950
340, 593
31,079
48, 146
393, 434
40, 342
65, 715
525, 572
37, 289
60, 801
500, 702
35, 224
53, 262
435, 235
29, 918
49, 481
419, 051
27, 229
42, 078
343, 501
31, 650
46, 235
361, 452
47, 547
71, 543
574, 681
52, 568
84,964
674, 836
57,843
84, 937
674, 604
52, 989
77, 850
628, 051
2,197
175, 861
2,142
207, 130
1,892
173, 714
1,947
171, 576
1,566
128, 860
1,032
125, 891
1,185
134, 384
643
86, 300
805
120, 178
1,202
184, 081
1,608
177, 334
1,807
199, 239
2, 156
221, 654
479
63, 102
483
45, 555
373
60, 569
450
51, 553
399
75, 104
358
130, 532
308
72, 390
235
65, 760
243
32,333
372
40, 781
442
49, 707
451
65, 217
423
51, 762
226
194
195
176
228
202
209
200
238
226
229
228
247
254
246
254
251
260
263
269
240
245
265
256
213
217
262
255
198
203
242
245
228
232
263
260
279
292
275
278
325
348
284
298
'329
'358
«-274
••303
331
349
287
317
896, 128
619, 442
781, 416
810, 309
553, 482
589, 224
863, 561
915, 475
686, 221
993,453
885, 044
7,966
787
4,792
2,387
5,035
95
2,950
1,990
5,224
89
2,854
2,281
3,927
208
2,154
1,565
2,648
487
1,037
1,124
3, 329
498
939
1,891
3,396
310
1,952
1,134
2,322
81
1,369
872
5,369
51
2,684
2,635
5,032
425
2,126
2,481
7,094
460
3,457
3,177
8,351
580
4,604
3,167
95, 500
96, 100
99, 000
102, 900
104, 300
95,500
78,300
78, 700
82,900
117, 300
126, 000
140,000
142, 000
58, 899
55, 454
36, 985
2, 131
16, 338
3,445
51,655
48, 501
34, 324
1,765
12, 412
3,154
58, 636
57, 093
40, 382
2,282
14, 429
1,543
64, 580
62, 434
43, 982
2,196
16, 256
2,146
59, 574
57, 320
41, 794
2.747
12, 779
2,254
54,394
52, 357
41, 562
2,095
8,700
2,037
44, 736
43, 365
31, 327
1,996
10, 042
1,371
r
50, 444
53, 318
' 49, 576 «• 53, 141
r
36, 026
«• 40, 234
2,286
2,375
11, 264
10, 532
868
177
80, 543
79, 408
59, 785
4,209
15, 414
1,135
338 5
427.5
578.3
334. 8
329.0
295 3
342.3
495.9
234.0
277.7
337 7
390.8
570.4
267.5
306.9
377 3
412.6
627.5
278.2
279.0
343.5
387.8
592.8
253.0
276.5
313.7
354.2
556.0
233.7
213.8
257.5
319.7
433.4
273.8
184.2
CONTRACT AWARDS
Construction contracts awarded in 37 States (F. W.
Dodge Corp.):
Total projects
number
Total valuation
thous. of dol
Public ownership
do
Private ownership
do
Nonresidential buildings:
Projects
number
Floor area
thous. of sq. ft__
Valuation
thous. of dol
Residential buildings:
Projects
—
number
Floor area
__ _ _ -thous. of sq. ft _
Valuation
thous. of dol
Public works:
Projects
number
Valuation
_ thous. of dol _
Utilities:
Projects
number _
Valuation
thous. of dol
Value of contract awards (F. R. indexes):
Total unadjusted
1923-25—100
Residential, unadjusted
do _ _
Total adjusted
__ _
do
Residential adjusted
do
Engineering construction:
Contract awards (E. N. R.)§
thous. of dol__
Highway concrete pavement contract awards :cf
Total
- - -thous. of sq. yd.
Airports
do _
Roads
- -do
Streets and alleys
do _
i 3, 040
i 55
1
1, 907
1
1,078
931, 153 1, 253, 720
NEW DWELLING UNITS AND URBAN
BUILDING
New permanent nonfarm dwelling units started
(IT S Department of Labor)
_
number
Urban building authorized (U. S. Dept. of Labor):
New urban dwelling units, totalj
number..
Privately financed, total
do
Units in 1-family structures
do _
Units in 2-family structures
do
Units in multif ami ly structures.
do
Publicly financed, total
do
Indexes of urban building authorized:
Valuation of building total
ew t%
f q pn |jQ] bm'ldin?
ArlrT't^
It rat'orm and rpnairs
do
do
do
f
288.3
319.1
484.9
214.5
217.8
305 6
327.1
529.8
201.4
198.1
464.5
488.9
837.4
265.4
285.6
* 82, 973
' 91, 839
' 81, 207 r 88, 567
* 63, 478 «• 69, 350
r
3, 203
' 3, 853
' 14, 526 r 15, 364
1,766
' 3, 272
477.7
526.3
885.2
306.3
290.4
CONSTRUCTION COST INDEXES
307
305
307
313
Aberthaw (industrial building)
1914 — 100
American Appraisal Company:
484
483
486
484
486
486
486
488
488
485
489
Average 30 cities
1913=100
505
503
506
503
506
511
506
508
509
503
510
Atlanta
do__
492
493
495
493
495
495
495
497
493
497
501
New York
do
442
442
442
444
443
444
446
447
443
445
445
San Francisco
_ _ _
do_ __
471
474
474
474
471
471
474
471
476
477
477
St Louis
do
345
345
345
342
345
346
346
346
343
343
343
Associated General Contractors (all types).. .do
E. H. Boeckh and Associates, Inc.:
Average, 20 cities:
Apartments, hotels, and office buildings:
Brick and concrete
207.9
208.6
207.4
208.3
209.1
210.1
206.5
207.1
210.7
211.3
208.2
U. S. avg. cost 1926-29=100..
207.2
207.5
207.9
206.3
206.1
208.6
210.1
210.8
206.2
211.3
208.1
Brick and steel
do
212.9
213.4
213.7
211.1
213.9
217.3
210.0
215.8
210.8
214.6
218.1
Brick and wood
do
Commercial and factory buildings:
211.1
211.4
211.6
212.7
210.2
212.0
213.3
210.7
211.1
210.6
214.0
Brick and concrete
_
do
208.4
208.7
208.9
207.3
210.9
207.6
210.0
211.6
208. 3
207.1
212.1
Brick and steel
do
210.9
210.9
208.2
210.1
208.9
211.1
208.6
212.6
211.3
213.7
214.4
Brick and wood
- do__
215.2
216.3
215.6
212.7
211.3
218.6
218.2
212.6
215.9
220.7
221.7
Frame
do. __
194.4
194.4
194.4
194.6
194.9
195.1
198.5
198.8
194.1
197.7
199.2
Steel
do
Residences:
213.4
214.0
211.7
211.4
210.6
213.8
214.2
216.1
215.4
217.6
218.5
Brick
do
210.8
211.6
211.2
208.9
208.7
207.6
213.6
211.6
214.0
215.8
216.7
Frame
—do
' Revised.
1 Data include some contracts awarded in prior months but not reported.
f Revised series. Data cover items not previously included; annual data beginning 1915 and monthly data beginning 1939 are available in the "Statistical Supplement"
Construction and Construction Materials Report.
§Data for June, September, and December 1949 and March and June 1950 are for 5 weeks; other months, 4 weeks.
cfData for June, August, and November 1949 and March and May 1950 are for 5 weeks; other months, 4 weeks.
JMinor revisions in number of dwelling units beginning January 1947 are available upon request.
83, 676
83, 146
66, 792
2,946
13, 408
530
529 6
602.8
1,043.3
325.5
332.5
311
490
511
497
452
476
346
498
518
504
459
485
349
214.4
214.5
224.4
215.6
215.8
227.2
217.1
215.7
219.8
229.1
201.7
218.3
216.9
222.4
232.5
202.3
224.9
223.7
227.7
226.7
to the May 1950
SURVEY OF CURRENT BUSINESS
1950
1950
1949
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
June
July
August
September
October
November
December
January
Febru-
March
360. 0
362. 8
491.9
ary
April
May
June
CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION COST INDEXES— Con.
E nsririecring N ews-Record : c?
Building
1 913 = 100. . ' 349. 4
477. 5
Construction
do
Bu. of Public Roads— Highway construction:
155.5
Composite standard mile
1925 29 — 100
350.9
478.2
352.0
479.8
353.0
480.5
352. 9
480.0
353.2
480.3
356.2
484.7
356.5
484.9
488.4
373. 0
506. 5
37(1 9
511.8
140. 0
140.7
145 3
148 7
364. 3
496 6
CONSTRUCTION MATERIALS
Production of selected construction materials, index:
Unadjusted
1939 = 100
\djusted
do
135.3
126. 4
123.8
116.4
146.8
129. 7
148.9
138.5
140.8
127. 1
142.8
144. 1
135.9
153. 7
120.8
141.5
117. 3
142.2
140.1
148.3
147.8
148.7
v 167. 0
v 157. 8
168, 527
154, 576
186,312
173, 970
198, 235
199, 841
211, 758
232, 950
206, 681
210, 919
172, 453
178, 000
182. 6ft8
358
332
331
333
347
371
427
360
331
315
331
360
4:i.7
527. %7
REAL ESTATE
Home mortgages insured by Fed. Hous. Admin.:
New premium paying mortgages _ . thous. of dol__
Loans outstanding of agencies under the Home
Loan Bank Board:
Federal Home Loan Banks, outstanding advances
to member institutions
mil. of dol_Home Owners' Loan Corporation, balance of
319
New mortgage loans of all savings and loan associa326, 637
tions estimated total
thous ofdol
By purpose of loan:
97. 963
Home construct ion
do
111.674
II ome purchase
do
31, 838
Refinancing
do
17. 714
Repairs and reconditioning _ _
do
37, 44S
All other purposes
do
New n on farm mortgages recorded ($20,000 and
under), estimated total t
thous. of dol__ 1,018.427
10.9
N on farm foreclosures adjusted index 1935-39—100
51,787
Fire losses
__ __
thous. ofdol
231
291
148
304, 343
348, 276
354, 194
353, 909
343, 260
342, 028
300, 906
325, 224
414, 783
422, 553
490, 324
90, 397
128, 657
29, 026
16, 732
39, 531
101, 022
149, 867
34, 443
19, 510
43, 434
108,280
102,151
1 05, 784
150, 877
33, 441
15, 735
37, 423
112, 463
141, 059
33, 358
14, 384
40, 764
94, 916
124, 265
32, 041
107, 335
128. 398
32. 573
151, 0*>7
38, 100
43, 212
143. 950
161 , 952
39, 717
17, 895
51, 269
180 762
197, 761
39. 517
22 890
49, 394
967, 440
11.8
49, 592
1,068,813
12.8
50, 150
155, 915
33, 188
18 362
38, 449
159. 050
31,814
17, 796
43, 098
11,584
13.706
108. 381
35. 683
20, 014
46. 848
189, 363
223,637
42 093
22, 461
50. 433
1,065,431 1,117,212 1, 114, 041 1, 125, 200 1, 024, 000 1, 003, 090 1.221.044 1, 171, 148 1, 377, 918 1, 465, 469
11.9
49, 678
12.8
48, 914
11.8
53,116
13.8
67, 279
14 1
58, 823
14 5
58, 340
15 3
72. 468
61,605
58, 765
57, 11 G
323
327
331
324
325
290
294
311 7
333
321
DOMESTIC TRADE
ADVERTISING
Advertising indexes, adjusted:
Printers' Ink, combined index
Alac r a?ines
Newspapers
Outdoor
Radio
Tide advertising index
302
314
286
296
305
283. 2
276
284
264
274
252
257.6
270
297
252
284
256
272 2
292
301
286
299
278
293 2
306
294
305
323
289
284 5
305
308
291
320
287
274- 1
294
291
286
292
287
256 2
329
326
330
334
300
288 3
315
330
297
328
288
310 3
319
328
307
318
291
314 3
15,425
75
663
4 285
644
336
12, 085
89
332
3 473
222
318
12, 160
71
335
3 544
208
287
14, 083
96
404
3 829
247
298
16, 423
117
486
4 494
189
282
15, 855
101
463
4 381
198
278
16, 409
118
447
4 400
218
296
17, 092
109
720
4 544
198
284
15,391
101
498
4 091
181
260
16, 851
120
407
4 564
180
256
4,127
408
158
1,698
1, 966
1,067
2,994
379
148
1,148
1 844
1,139
3,073
376
103
1,255
1 743
1,165
4,006
4, 597
416
128
1 547
2 126
2 041
4,463
377
1^2
1,467
1 782
1,465
407
139
1, 583
2 089
1 753
4,741
463
152
1 615
2 215
1 744
4,735
452
114
1 754
2 165
2 016
4, 326
409
102
1 639
1 999
1 785
4 848
454
102
1 864
2 215
1 842
do
_ do
do - do
do
do
do
40 642
3, 185
3,856
1.774
5 162
5,678
2 215
28 582
771
3,481
956
4 538
4 938
1 755
31 495
3 436
3,330
917
4 284
4 812
1 614
41 729
5 273
3, 490
1 789
5 093
5' 665
2 002
51 213
4 919
4,216
2 001
6 397
1 568
2 815
45 882
3 813
3, 438
1 346
6 020
6 693
2 790
36 921
2 632
2 684
539
4 690
5 271
3 469
29 184
1 517
2 610
739
4 470
4 g^j
1 738
39 689
2 706
3 347
1 177
5 863
6 891
2 139
Household equipment and supplies§
do
Household furnishings§
do
Industrial materials§
_ _ - do
Soaps, cleansers, etc - do
Smoking materials.. _
_._ _ _ d o
Allother
_ do _ _
2,970
1 712
1,996
1,098
1,345
9,651
1,318
489
1,456
833
1,191
6, 858
2,129
9 633
1 822
1 441
1,252
9 139
3 389
2 133
1 606
1, 634
11 208
2,502
739
782
1 259
673
1 201
8 505
1,732
1 358
1 672
1 081
1 129
10 594
1935-39=100-do
do
do
do _
do
Radio advertising:
Cost of facilities, total . _
thous. of doL
\pparel and accessories
do
Automotive incl accessories _ do
Drugs and toiletries
do
Electric household equipment
do
Financial
do
Foods, soft drinks, confectionery
do - Gasoline and oil
- _- do
Household furnishings, etc
do
Soap, cleansers, etc
-- -- do
Smoking materials
do
All other- _ _
do _ „
Magazine advertisingrj
Cost, total
Apparel and accessories
_ _ _
Automotive, incl. accessories
Building materials§ • Drugs and toiletries
Foods, soft drinks, confectionery
Beer , wine, liquors§
_
_
1,025
956
1 286
1 040
1,348
7,447
3,326
2,866
2 827
1 829
1 295
l'416
11 549
1 360
1 490
698
1 456
10 130
47
4
3
1
6
(3
2
081
857
934
958
277
338
381
3,252
2
2
1
1
11
359
184
189
206
147
317
296
288
309 5
r
15, 918
169
614
r 4 H6
145
216
4,347
370
124
1 813
2 068
1 936
52
4
4
2
6
7
2
148
457
054
675
485
149
416
4,337
3 361
2 341
1 232
l' 336
12 304
320
398
294
3QQ <}
16, 584
171
411
4 437
167
238
4 755
409
196
1 949
2 101
1 750
50
4
4
2
6
6
2
310
237
226
499
693
582
364
4,515
3 282
2 320
1 238
1 327
12 028
Linage, total
thous. of lines-2,814
3,921
3,494
2,854
4,464
3,645
2,838
3,261
3,868
4,270
4,482
3,853
2,974
Newspaper advertising:
Linage, total (52 cities)
do 193 287
197 858
164 040
170 504
9flQ 00°
214 9
935
207 865
207 909
170 738
168 921
213 488
215 753
220 211
Classified
do
41 476
40 050
40 082
42 95
40 713
36 061
38 306
37 157
35 362
41 139
43 326
45' 576
Display, total
_
_ _ _ __ do 123 959
151,811
129 791
157 808
172 640
171 805
169 603
131 764
135 376
172 350
172 427
174' 636
164 317
Automotive do
9 265
1 9' 441
8 115
8 224
10 033
8 887
9 891
7 330
7 668
10 014
9 240
11 290
2 355
Financial _
_
_____
do
o 4go
2 039
2 252
1 752
2 337
9 9'37
1 609
2 140
2 139
1 911
3 237
2 316
24 534
qo' Kf\r)
General
do
31 045
29 766
38 417
21 879
33 689
26 337
29 473
23 730
35 691
Retail
do
123 686
Qfi 19A
109. 462
89. 057
97 416
118.066
1 22. 051
13* Q9Q
Q4 783
19^ f¥U
19"} 1 7A
19Q lAfi
1 1ft '7OK
r
Revised.
" Preliminary.
cf Data, reported at the beginning of each month, are shown here for the previous month.
f Revisions for 1944-November 1948 are shown on p. 21 of the May 1950 SURVEY.
JCom parable data on magazine advertising cost (Publishers' Information Bureau, Inc.) are available back to January 1948 only. Beginning with the October 1949 SURVEY five new components are shown (marked with "§"); the total of the two components "household equipment, etc." and "household furnishings" covers all items formerly included in "electric household
equipment" and "housefurnishings, etc." Data for January-July 1948 for the new components are available upon request.
§See note marked "J" above.
SURVEY OF CUEEENT BUSINESS
S-8
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
August 1950
1950
1949
July
June
August
Septem-
October
November
December
January
February
March
April
May
June
DOMESTIC TRADE—Continued
POSTAL BUSINESS
Money orders:
Domestic, issued (50 cities):
Number
_ _ __ .thousands..
Value
thous. of dol _
Domestic, paid (50 cities):
Number
thousands _
Value
thous of dol
4,743
84, 583
4,041
81, 320
4,175
83. 785
4, 557
88, 798
4,409
4,844
85, 093
83, 938
90, 046
14, 711
207, 673
12, 822
185, 481
13, 749
203, 946
13, 592
201, 534
14, 005
207, 377
14, 397
205, 209
209 721
3,967
15,096
4,531
89, 403
4,961
88, 510
5,237
4,932
4,543
107. 778
92 858
90 363
4, 258
84, 983
14, 463
190, 987
12, 694
181, 523
15. 973
225 619
13 354
197 478
14 055
205 818
13, 960
202 790
PERSONAL CONSUMPTION
EXPENDITURES
Seasonally adjusted quarterly totals at annual rates:f
Goods and services total
bil of dol
178.4
179.0
180.6
182 4
184 5
Durable goods total
Automobiles and parts
Furniture and household equipment
Other durable goods
do
do
do
do
23.0
24 7
10.2
11.0
3.6
25 3
10.4
11.3
3.7
26 9
10 8
12.5
3 6
26 7
11 0
12.1
3 6
Nondurable goods total
Clothing and shoes
Food and alcoholic beverages
Gasoline and oil
Semidurable housefurnishings
Tobacco
Other nondurable goods
do
do
do
do
do
do
do
99.2
19.1
58 7
4. 7
19
97.6
18.0
58 4
4.7
18
4.3
10 4
97.9
18. 1
58 3
4.8
1 8
4.3
10 5
97
17
58
4
1
4
10
5
7
3
9
9
3
5
99 0
18.4
59 0
4.8
1
8
4.2
10 6
do
-do
do
do
do
do
do
56 2
56 6
8 3
17.3
3 7
4 0
5 1
18.3
57.4
8.5
17.6
3 7
3 9
5 1
18.6
58
8
17
3
3
5
18
0
8
9
7
8
1
8
58 8
9 0
18.1
3 7
3 9
5 0
19.1
Services
Household operation
Housing
Personal service
Recreation
Transportation
Other services
_
9.1
10.1
3.7
4.3
10.6
8.2
17. 1
38
39
5 1
18.2
RETAIL TRADE
All types of retail stores: f
Estimated sales (unadjusted), total 9 _ _ . mil. of doL.
Durable-goods stores 9
do
Automotive group 9
do
Motor- vehicle dealers 9
do
Parts and accessories cT
do
Building materials and hardware group cf
mil. of dol—
Building materialsc?1
do
Farm implements .
__.
do
Hardware cf
do
Homefurnishings groupcf
. .do - .
Furniture and housefurnishingscf
do
Household appliances and radioscf
do_.
Jewelry stores cf
do
10, 809
3 601
2.093
1 945
148
874
544
139
192
543
320
223
91
10, 998
3 526
2 006
1 872
134
11, 125
3, 596
2,011
1, 868
143
10, 872
3 348
1,794
1 650
144
12, 846
3 378
1,588
1 419
170
9,522
1 880
146
10, 630
3 631
2 165
2 019
145
3 061
1,907
1 799
108
9,281
3 054
1,889
1 783
107
11, 062
3 736
2 316
2 180
136
788
486
128
173
490
274
216
66
851
563
121
167
541
307
234
75
880
591
114
174
564
316
247
77
898
606
116
176
603
333
270
84
835
569
100
167
621
350
271
97
780
475
85
220
776
424
352
233
619
414
78
127
472
259
212
64
605
400
79
125
496
267
229
65
779
509
118
152
574
316
258
66
881
569
141
171
554
311
243
72
10, 210
3 370
2,026
11, 072
3 758
2 250
2 110
' 140
'11,654
r 4
r
200
2 461
2 294
r 167
T
4 516
2 69S
2 521
177
145
201
597
354
244
81
1,134
770
159
205
595
345
251
89
' 1, 061
r
11,960
715
Nondurable-good stores 9
-do
Apparel group cf
__do _ _
Men's clothing and furnishingscf
do
Women's apparel and accessories. _ _ d o _ _ .
Family and other apparelcf
do
Shoes
.
do
Drug stores
do
Eating and drinking places 9
do_.
7,208
736
192
315
97
132
297
932
6,839
6 998
563
118
268
78
99
293
972
7 472
788
171
373
107
136
288
958
7,529
806
186
385
112
122
295
961
7 524
835
209
390
121
115
286
895
9, 468
1, 208
345
507
187
163
384
954
6, 462
606
165
261
86
94
286
875
6,227
530
132
226
73
98
296
945
536
131
242
75
88
272
798
7 326
762
169
361
104
128
298
894
7 314
812
179
374
110
149
291
893
7 454
r
756
173
349
r
104
130
296
928
7 444
748
195
317
101
134
299
936
Food group 9
do
Grocery and combination 9
do
Other food Q
do
Filling stations
do
General-merchandise croup §
do
Department, including mail-order§.__do
General, including general merchandise
with food
mil. of dol
Dry goods and other general merchandise cf
mil. of dol. .
Variety
do
Other retail stores©
-- do__
LiquorO
-- -do
Other §
do
2 491
1, 973
2 574
2 056
518
573
1 058
656
2 518
1 997
521
563
1 190
783
2 566
2 036
529
551
1 347
913
2 563
2 040
522
567
1, 377
929
2 484
1 978
506
533
1 504
1,040
2 823
2 272
551
540
2 300
1,851
449
453
980
647
2 575
2 074
501
512
1 241
844
2 561
2 0,54
507
573
1 338
1,500
2 336
1 , 855
480
487
986
654
2 529
518
552
1, 270
836
893
2 592
2 091
501
581
1 320
875
154
149
144
146
145
143
178
112
109
128
141
155
155
123
157
930
130
800
103
151
863
130
733
107
156
899
126
774
125
162
974
138
836
130
173
960
148
812
136
184
988
157
832
209
377
1,296
258
1,037
92
128
885
125
760
89
135
888
123
766
113
156
1,044
139
905
124
175
968
135
833
129
162
1,001
r
134
r
867
128
162
968
131
837
2,264
2,047
482
523
1,297
857
T
r
T
10, 855
11.101
10, 549
10, 069
10, 856
Estimated sales (adjusted), total
_. -do.. .
10, 503
11,080 r 11,327
10, 684
10, 678
10, 630
11, 125
11, 700
r
3, 558
3, 346
3,480
3, 504
Durable-goods stores
_ __ _ do
3,145
3, 742
3, 333
3, 551
3,334
3 734
3 679
3 886
4 181
r
1 933
1 949
2 074
2 094
2 485
Automotive group
do
2,077
2 206
2 081
1 867
1,675
2 130
2 262
2 187
1,941
2, 061
1,942
1.813
1, 955
Motor-vehicles dealers
do
1,798
1,947
1, 729
1 982
2 105
1,534
2 038
2 325
r
132
136
144
139
141
135
136
134
Parts and accessories _ _.
do
149
160
138
148
157
Building materials and hardware group
792
800
828
766
783
796
mil. of doL.
798
851
880
798
781
' 969
1,027
r
515
531
553
473
501
507
Building materials
do
532
496
592
524
572
666
703
165
168
166
167
177
177
165
164
166
Hardware.
__ __ ...
do
189
173
168
176
592
616
529
546
583
579
533
589
528
Homefurnishings group
do
576
608
577
569
306
302
336
306
299
334
337
318
Furniture and housefurnishings
do._
318
337
317
323
330
255
222
230
244
265
Household appliances and radios
do
227
261
255
278
271
259
248
247
89
85
87
88
93
Jewelrv stores.
do
90
93
89
93
92
83
93
87
r
Revised.
t Revised series. Estimates of personal consumption expenditures have been revised beginning 1946; revised figures for the grand total and for total durable and nondurable goods and
services are shown as a component of gross national product on p. 31 of the July 1950 SURVEY; revised figures through the first quarter of 1949 for the subgroups will be shown later.
Dollar estimates of sales for all types of retail stores and for chain stores and mail-order houses have been revised for various periods back to 1943 and revisions from August 1948 forward
are shown beginning with the October 1949 SURVEY; specific periods for which the series have been revised are as stated in the notes below. Also in the October 1949 SURVEY, adjusted
dollar values for sales and inventories of all types of retail stores were substituted for the index numbers formerly shown; monthly data for 1946-48 for both the unadjusted and adjusted series
appear on pp. 21-23 of that issue. Unpublished revisions are available upon request.
9 Revised beginning 1943.
cf Revised beginning 1948.
§Revised beginning 1947.
©Revised beginning 1945.
SURVEY OF CURRENT BUSINESS
August 1 5
90
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
S-9
1950
1949
June
July
August
September
October
November
December
January
February
March
April
May
June
DOMESTIC TRADE—Continued
RETAIL TRADE—Continued
All types of retail storesf — Continued
Estimated sales (adjusted), total— Continued
Nondurable-goods stores,
. _ _ mil. of dol .
Apparel group
do
Men's clothing and furnishings
do
Women's apparel and accessories
do
Family and other apparel
do
Shoes
do _
Drug stores
- do
Eating and drinking places
do
7,338
772
188
355
lOf
124
303
923
7,216
708
179
315
99
115
299
926
7,189
695
167
314
97
117
296
915
7,352
738
173
337
104
124
293
916
7,127
709
165
334
99
111
295
904
7,296
762
179
360
104
119
296
900
7,358
747
182
342
104
119
290
937
7,297
756
194
331
107
124
305
917
7,359
735
186
319
104
125
304
930
7,391
740
178
328
105
130
305
912
7,401
753
173
350
107
124
304
915
' 7, 440
r
765
183
349
108
r
124
r
296
906
7,519
771
186
351
109
126
303
929
Food group
_-do_ _ _
Grocery and combination
do
Other food_
do _.
Filling stations
- do
General-merchandise group
do
Department, including mail-order _ _ . d o
Other retail stores
do
2,527
2,009
518
526
1, 336
885
951
2,500
1,989
511
526
1,304
868
953
2,502
1,989
513
528
1,317
. 881
936
2,540
2,032
508
534
1,342
897
989
2,465
1,964
501
535
1,274
851
945
2,539
2,027
512
536
1,297
859
966
2,519
2,024
495
538
1,356
911
971
2,511
1,994
517
541
1 304
867
965
2,563
2,052
511
548
1,298
862
982
2,599
2 092
506
540
1 282
848
1 012
2 551
2 058
' 492
534
1 330
892
1 014
2,578
2 071
507
546
r i 344
r
892
r
1 006
2,604
2 107
496
553
1 376
919
984
Estimated inventories (adjusted), total
do
Durable-goods stores
do
Automotive group
do
Building materials and hardware group
mil. of dolHomefurnishings group
_do .
Jewelry stores
do
Nondurable-goods stores
_ _ _ do__ Apparel group
do
Drugstores..
do_ __
Eating and drinking places
_ do
Food group.- _
do
Filling stations
_ do
General-merchandise group
do _ _ _
Other retail stores
_ do
14, 182
5,357
1,914
13, 862
5,289
1,917
13, 932
5,333
2,051
14, 355
5,580
2,222
14, 475
5,725
2,317
14, 336
5,548
2,116
13, 698
5,112
1,740
13, 998
5 352
1 973
13, 800
5,163
1 776
14, 282
5 259
1 696
14, 138
5,258
1 622
1,904
1,086
453
8,825
1,810
596
423
1,530
347
2,733
1,386
1,882
1,039
451
8,573
1,716
571
402
1,543
347
2,646
1,348
1,840
993
449
8,599
1,752
583
398
1,529
324
2,675
1,338
1,869
1,047
442
8,775
1,806
596
411
1,552
327
2,767
1,316
1,870
1,112
426
8,750
1,809
563
396
1,550
301
2,8.43
1,288
1,865
1,130
437
8,788
1,780
555
411
1,496
287
2,943
1,316
1,798
1, 117
457
8,586
1,768
541
416
1,444
277
2,893
1,247
1,849
1 071
459
8 646
1 746
567
392
1 489
270
2 943
1 239
1,808
1,124
455
8,637
1,776
579
399
1,504
285
2,955
1 139
1,889
1 197
477
9 023
1 856
582
420
1 595
315
3 015
1 240
1,939
1,232
465
8,880
1,835
560
396
1,515
310
2,956
1,308
2,226
235
38
108
70
47
99
66
51
25
573
2,095
176
22
88
52
49
87
69
52
23
501
2,144
180
21
93
52
47
102
66
53
26
562
2,307
249
40
117
71
41
112
64
50
26
622
2,358
239
38
119
62
44
113
67
51
29
637
2,339
236
43
113
59
43
99
63
49
29
669
3,068
358
65
168
96
64
78
94
52
40
1,041
1,872
162
30
73
45
31
70
63
50
20
415
1 887
159
25
76
45
32
63
61
45
21
431
2 267
243
39
119
65
42
75
66
50
25
546
2 331
263
38
124
79
42
88
65
50
24
598
r 2 359
' 238
52
28
610
2 371
234
38
108
70
54
122
65
50
27
613
347
82
132
773
300
62
127
797
330
90
132
754
369
105
137
778
381
100
145
812
378
126
155
789
570
140
317
906
228
71
108
737
235
73
114
755
311
94
131
§49.
360
80
147
845
377
86
136
833
380
85
137
827
300.5
300.9
304.3
271.3
392.5
235.7
235.2
325.6
225.3
223. 7
231.8
293.1
274.7
296.7
284.9
250.1
368.8
220.9
248.0
306.6
233. 8
221.2
244.2
285.6
281.0
300.5
291.0
245.1
374.9
232.5
238.2
321.8
223.9
224.9
242.5
294.5
314.9
306.9
313.0
291.9
396.6
240.6
222.5
340.5
222.4
214.5
229.4
299.3
306.0
294.0
283.7
228.5
387.8
210.6
244.0
336.3
220.0
211.8
248.7
272.5
321.5
301.0
297.8
264.7
390.5
224.8
223.9
351.8
215.7
210.7
229.3
286.9
389.7
302.5
301.0
282.3
383 0
231.1
258.8
345.5
218.1
209 0
244.9
295 4
258.9
299 8
299 8
280 8
377 4
236 5
257. 6
340 1
220 9
214 8
256 5
290 3
272.0
306 1
293 6
251 1
371 3
241 8
266.7
336 0
220 7
212 4
251 5
297 0
295.3
308 1
301 4
250 7
389 7
244 0
264.0
331 1
221 3
209 3
236 9
291 8
311.6
309 4
305.1
252 0
400 9
240 2
256.0
330 8
224 6
217 5
240 6
293 0
' 314. 1
r 313 o
r 304 1
r 263 6
390 6
r 239 8
' 264. 6
r 365 2
215 9
r 222 4
r 244 4
r 300 5
317.7
316 2
301 4
266 4
390 1
237 0
271.7
400 0
215 4
290 9
248 5
306 6
356.3
258.7
218.0
358.4
344.0
256.7
215.0
358.0
358.4
262.9
217.9
360.8
363.8
261.8
225. 6
368.1
328.5
232.3
212.1
358.8
342.2
255.8
223.1
365.6
346.7
269 4
235.4
361 9
350.1
245 2
228 1
356 0
363.8
248 4
226 4
368 3
354.5
251 9
222 3
377 3
361.9
237 9
222 4
378 8
370.4
r 252 5
r 224 3
379 1
380.0
265 9
224 0
379 2
187
152
163
151
161
155
182
165
191
175
213
189
285
214
222
209
191
207
185
209
190
212
••194
217
194
218
53
21
49
19
51
21
52
20
53
20
54
20
52
20
49
18
47
17
53
19
50
17
52
18
51
17
51
42
7
52
39
9
50
40
10
49
42
9
48
42
10
48
43
9
50
42
8
49
42
g
48
42
10
48
42
10
49
42
9
48
43
48
40
9
216
285
185
205
215
313
228
188
183
197
218
232
224
322
177
204
217
327
244
210
257
359
207
241
285
389
241
269
286
070
990
*281
362
qqq
-loo
9flft
207
234
252
ore
97R
97£
OQO
90 c
01 £>
2R1
979.
9Q1
°.O1
090
Q10
Chain stores and mail-order houses :f
Sales, estimated, total 9
do
Apparel group
do
Men's wear
do
Women's wear
._ _ _ do
Shoes _ _ _ _ _ _ _ _
do___
Automotive parts and accessories
do
Building materials
do _ _
Drug
do
Eating and drinking places _
do __
Furniture and housefurnishings
do
General-merchandise group _. __
_do__
Department, dry goods, and general merchandise
mil. of dol
Mail-order (catalog sales)
__
do
Variety
do
Grocery and combination
__ do
Indexes of sales :f
Unadjusted, combined index 9 — -1935-39=100.Adjusted, combined index 9
do
Apparel group d*-do
Men's wearcf 1
do
Women's weard"
do
Shoescf
do
Automotive parts and accessories d"
do
Building materialscf
do
Drue _ _ _ _ _ _
__ _ _ _ - _ _ . - _ d o _ _
Eating and drinking placescf
do
Furniture and housefurnishings d" - - do_
General-merchandise group d" do
Department, dry goods, and general merchandise d"1
1935-39=100-_
Mail-order d"
-do
Variety cf
do
Grocery and combination _
do
Department stores:
Accounts, collections, and sales by type of
payment:
Accounts receivable, end of month:
Charge accounts
1941 average=100-_
Instalment accounts .
do.
Ratio of collections to accounts receivable:
Charge accounts
percent-Instalment accounts
do
Sales by type of payment:
Cash sales
percent of total salesCharge account sales
_ do
Instalment sales
do
218
238
339
268
299
293
Sales, unadjusted, total U. S
1935-39=100-.
481
294
323
324
Atlanta
.__
do.
381
395
425
642
232
155
173
Boston
_ _
do
234
292
248
418
212
262
324
Chicago
do_
229
296
271
438
214
265
332
Cleveland
do
234
282
274
465
r
330
310
333
Dallas
.
-.
do
404
414
442
662
284
275
249
325
Kansas City
do
328
347
505
255
211
242
Minneapolis
do
307
314
310
438
r
155
228
New York
do
171
243
243
293
401
256
188
Philadelphia ___
_ _ _ _
do
279
201
280
355
472
r
236
243
Richmond
do
289
314
328
378
541
254
283
St Louis
- do
335
331
280
378
504
314
313
280
331
339
358
56fi
San Francisco t
-.do
r
Revised.
» Preliminary.
fSee note marked "t" on p. S-8. Revisions for 1943-July 1948 are shown on p. 23 of the April 1950 SURVE*.
$ Revised beginning 1943.
^Revised beginning 1948.
{Revised data for San Francisco for 1919-48 are shown on p. 21 of the
May 1950 SURVEY
occ
OQA
977
229
970
«• r14, 416
5 437
r I
763
r 1, 993
r
lT 217
464
r
8 979
r
1 842
r
599
r
393
r
1 568
r 332
2 916
r i -329
r
r 34
116
68
r 53
r
109
r 64
r
r
9RO
9QA
OQI
_ one
970
14, 784
5,615
1 958
2,010
1,183
464
9,169
1 917
620
391
1,622
397
2 856
1 366
OAK
978
it ooi
SURVEY OF CURRENT BUSINESS
S-10
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
August 1950
1950
1949
June
July
August
September
October
November
December
January
February
March
April
May
June
DOMESTIC TRADE—Continued
RETAIL TRADE —Continued
Department stores— Continued
Sales, adjusted, total U. 84
Atlanta!
Boston
Chicago!
Cleveland!
Dallas !
Kansas City!
__
1935-39=100..
-do
do
do _ _
do
do ___
do ._
Minneapolis!do
New York!
_
do
Philadelphia!
do
Richmond!
- - _do
St Louis
do
San Francisco!
do
Stocks, total U. S., end of month:!
Unadjusted
__do
Adjusted
do
Mail-order and store sales:
Total sales, 2 companies
thous. of dol
Montgomery Ward & Co
_
do
Sears, Roebuck & Co
do
Rural sales of general merchandise:
Total U. S , unadjusted
1935-39=100 .
East
do
South
- .. do
Middle West
do
Far West
do
Total IT. S., adjusted
do
East
do
South
_
do __
Middle West
do
Far West
do
WHOLESALE TRADE
Service and limited-function wholesalers:!
Sales, estimated Cunadj.), total
mil. of dol__
Durable-goods establishments
do __
Nondurable-goods establishments
do
Inventories, estimated (unadj."), total
do
Durable-goods establishments
do
Nondurable-goods establishments
do
285
368
242
262
281
'384
309
280
377
227
258
274
387
304
283
360
234
276
269
374
299
289
367
241
282
279
374
312
276
376
211
258
259
387
301
277
367
234
262
266
371
299
293
382
239
281
283
404
322
282
376
244
274
290
396
300
280
383
229
262
271
409
301
274
374
216
265
270
389
298
266
' 240
269
'313
314
335
261
222
261
326
325
329
269
234
268
304
326
333
276
238
277
306
332
326
278
223
260
295
309
337
267
227
267
305
300
319
293
237
276
311
330
339
246
229
267
300
282
316
284
220
276
299
300
323
256
-•266
245
256
254
253
274
263
297
270
305
273
244
271
244
272
284, 289
90, 678
193, 611
240, 126
77, 005
163, 121
280, 233
95, 517
184,716
316, 387
106, 735
209, 652
315, 329
112, 398
202, 931
327, 785
115, 727
212, 059
434, 472
150, 420
284, 053
260.1
244.1
273.1
251.5
300.0
293.2
281.2
333.5
274.6
331.5
209.1
183.1
228.2
202.9
249.9
283.7
274.1
326.5
271.6
306.2
263.5
235.9
289.4
250. 3
305.4
287.4
269.0
322.3
270.3
313.2
317.3
285.3
354.6
305. 1
338.4
286. 9
275. 1
311.6
283.6
295.8
318.4
278.7
384.0
297.6
352. 1
266. 2
232. 2
300.5
253.3
313.3
369.4
371.7
445.2
345. 5
363.6
285.0
266.1
325. 4
262.9
290.0
5,247
1,735
3,512
6,854
3,092
3,762
4,856
1,525
3,331
6. 839
2,970
3,869
5,551
1,737
3,814
6,873
2,848
4,025
5,851
1,843
4,008
7,002
2,820
4,182
5,769
1,842
3,927
7,007
2.736
4,271
5,904
1,762
4,142
7,019
2,733
4,286
292
397
244
269
299
401
»307
290
390
'231
277
299
403
p 309
p298
392
P240
278
299
410
*>322
250
217
' 262
288
297
321
277
235
281
323
319
333
268
226
270
320
330
'336
287
242
285
332
326
^342
267
279
290
285
294
286
289
285
^267
^276
202, 617
61, 458
141, 160
206, 104
63, 805
142, 299
268, 483
85, 639
182, 845
291, 580
94, 751
196, 829
311, 492
97, 705
213, 787
317, 043
96, 389
220, 654
442.1
408.2
484.4
417.1
509.9
312.2
282.5
350.3
281.1
325.2
212.7
191.8
241.6
203.0
231. 1
281.0
253.0
302.0
270.7
314.0
229.0
207.9
270.7
208.4
237.5
273.6
242.3
294.2
260.5
317 9
258.7
246.5
290.2
247.9
269.2
273.2
246.5
305.5
260.9
299.1
264.8
249.0
287.0
248.4
290.9
276.7
250.5
312.6
254.5
311 1
257.6
239.8
273.8
247.5
278.4
287.2
267.0
330.3
279.3
310.7
271.1
259.6
283.4
261.7
315.9
305.6
299.1
346.0
285.7
349 1
5,685
1,688
3,997
6,888
2,757
4,131
5,165
1,457
3 708
6,983
2,849
4,134
5,035
1,583
3 452
7, 054
2,908
4 146
5,715
1,882
3 833
7,216
3,022
4,194
5,113
1,816
3 297
7,258
3,094
4,164
5, 599
2, 052
3, 547
7,267
3,153
4, 114
5.751
2,149
3 602
7,414
3,171
4, 043
r
r
T
EMPLOYMENT AND POPULATION
POPULATION
Population, continental United States: §
Total, including armed forces
_
thousands
Civilian population
._
do
149, 014
147, 546
149,215
147, 752
149,452
147,983
149, 703
148, 244
149, 947
148, 502
150, 183
148, 747
150, 397
148, 966
150, 604
149, 196
150, 808
149, 442
150, 998
149, 653
151, 188
149, 859
151, 358
150, 037
151, 543
150,232
Employment status of noninstitutional population:
Estimated number 14 years of age and over,
total
_
thousands
Male
_
do .
Female
do
109, 547
53,837
55, 710
109,664
53,898
55, 766
109, 760
53,939
55, 821
109, 860
53, 984
55, 876
109, 975
54, 036
55, 939
110, 063
54, 075
55, 988
110, 169
54, 121
56,048
110, 256
54, 160
56, 096
110, 344
54, 196
56, 148
110, 442
54,238
56, 204
110, 536
54, 279
56, 257
110, 608
54, 308
56, 300
110, 703
54, 350
56, 353
Total labor force, including armed forces
do
Armed forces..
__do_ _
Civilian labor force, total
do
Male
_
_
do
Female
do
Employed..
_ do__ _
Male __
do _..
Female
do
Agricultural employment
do
Nonagricultural employment
do
Unemployed
__
.___
_ do _ _
64, 866
1,468
63,398
44,832
18, 566
59, 619
42, 233
17, 386
9, 696
49, 924
3,778
65,278
1,463
63,815
45, 267
18, 548
59, 720
42, 422
17, 298
9,647
50, 073
4,095
65, 105
1,468
63,637
45, 163
18, 474
59, 947
42, 644
17, 303
8,507
51, 441
3,689
64, -222
1,459
62, 763
44, 319
18, 444
59, 411
42, 085
17, 326
8,158
51, 254
3,351
64, 021
1,445
62, 576
43, 988
18, 588
59, 001
41, 426
17, 575
7,710
51, 290
3,576
64, 363
1,436
62, 927
44, 099
18, 828
59, 518
41, 783
17, 735
7,878
51, 640
3,409
63, 475
1,430
62,045
43, 765
18, 280
58, 556
41, 293
17, 263
6,773
51, 783
3,489
62, 835
1,408
61, 427
43, 715
17, 712
56, 947
40, 453
16, 494
6,198
50, 749
4,480
63, 003
1,366
61, 637
43, 769
17, 868
56, 953
40, 343
16, 610
6,223
50, 730
4,684
63, 021
1,346
61, 675
43, 879
17, 796
57, 551
40, 877
16, 674
6,675
50, 877
4,123
63, 513
1,330
62, 183
44,120
18, 063
58, 668
41, 492
17, 176
7,195
51, 473
3,515
64, 108
1,320
62, 788
44,316
18, 472
59, 731
42,186
17, 545
8,062
51, 669
3,057
66, 177
1,311
64, 866
45, 429
19, 437
61, 482
43, 229
18, 253
9,046
52, 436
3,384
Not in labor force
44,683
44, 385
44, 655
45, 638
45, 953
45, 701
46, 694
47, 420
47, 342
47,422
47, 024
46, 500
44,526
EMPLOYMENT
_.do
Employees in nonagri cultural establishments:!
Total, unadjusted (U. S. Dept. of Labor)
42, 835
42, 573
42, 994
42, 601
thousands __
43, 694
43, 466
42, 784
42, 125
41, 661 r 42, 295 ' 42, 913 ' 43, 312 P 43, 865
13, 757
14, 114
13, 884
13, 892
14, 312
Manufacturing
_do
14, 033
13, 807
13, 980
' 14, 103 ' 14, 167 ' 14, 416 * 14, 645
13, 997
7,392
7,255
7,302
6,986
Durable-goods industries
do
7, 303
7,409
7,050
7,342
7,324
' 7, 554
7,418
' 7, 811
» 7, 961
6,492
6,502
6,812
6,906
Nondurable-goods industries
_do _ _
6,903
6, 757
6,728
6,638
6,673
'6,685
' 6, 613
'6,605
» 6, 684
593
968
Mining, total
do
943
956
940
948
917
861
595
'938
'938
'938
?941
95
Metal
__ _ __
_ _ d o __
94
100
65
92
92
83
91
91
92
92
'94
^95
Anthracite
_
. _ do
76
77
76
76
76
76
77
76
'76
77
75
76
Bituminous coal. __
do__ _
421
431
410
425
100
425
407
354
89
'425
'430
'419
*417
Crude-petroleum and natural-gas production
262
264
261
thousands __
263
256
255
253
251
250
'252
252
••249
99
98
Nonmetallic mining and quarrying
do
99
96
96
94
99
89
89
90
95
97
pioo
r
Contract construction
do
2,341
2,205
2,341
2,277
2,244
2,313
2,088
1,919
1,861
' 2, 068
1, 907
'2,234
* 2, 397
Transportation and public utilities _
do
4,031
3,992
4,007
3,871
3,892
3,959
3,930
3,841
3,869
3,873
' 3, 927 ' 3, 887 » 4, 000
Interstate railroads..
do
1,410
1,381
1,375
1,339
1,257
1,281
1,333
1,316
1,290
1,315
1,356
1,299
Local railways and bus lines
do
159
158
157
157
156
155
154
152
153
151
150
149
Telephone
do
637
638
633
625
619
616
612
608
607
609
607
611
Telegraph
__do
52
53
52
49
50
48
48
46
47
46
47
47
515
Gas and electric utilities
do
520
521
514
519
514
513
512
511
512
'512
515
f
Revised.
* Preliminary.
IThe following revisions in the adjusted indexes of department-store sales appear on p. 24 of the April 1950 SURVEY: Atlanta, 1944-April 1948; Chicago, 1945-April 1948; Cleveland and
Minneapolis, 1946-March 1948; Kansas City, 1945-March 1948; Philadelphia, 1944-March 1948. Revised data for San Francisco for 1919-48 are shown on p. 21 of the May 1950 SURVEY Revisions for New York and Richmond for 1946-January 1949 are available upon request. Current revisions for Dallas are tentative, pending completion of the revision for earlier periods
Department-store sales indexes for the United States reflect all revisions in the districts and, therefore, are subject to further adjustment. Recent revisions of data on department-store
stocks, by districts, are reflected in the U. S. total which is also subject to further revision. The series on wholesale trade have been revised back to 1939; monthly figures for 1946-48 and annual
data beginning 1939 are shown on pp. 18-20 of the October 1949 SURVEY; unpublished revisions are available upon request.
<*uuu<«
§Data for 1947 and 1948 (shown in the 1949 STATISTICAL SUPPLEMENT) have been revised; revisions prior to August 1948 are available upon request
tRevised series. See note marked "f" on p. S-ll.
SURVEY OF CURRENT BUSINESS
August 19r>0
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
S-ll
1950
1949
June
July
August
September
October
November
Decem- January
ber
February
March
April
May
June
r
9, 333
2, 474
^ 6, 859
r
1,428
r
1,203
7-715
>• 1,812
f 4, 792
454
353
150
5, 900
p 9, 396
f 2 495
p 6, 901
P i 404
p 1 199
P732
P 1,825
P 4 829
43, 608
14, 638
P 43 920
p 14 771
p 937
p 2 283
p 3, 972
p 9 517
EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT— Continued
Employees in nonagricultural establishments!—
Continued
Unadjusted (U. S. Dept. of Labor)— Continued
Trade
__ __
thousands Wholesale trade
do
Retail trade
- do _ General-merchandise stores
do
Food and liquor
do
Automotive and accessories dealers, -.do
Finance _ _ _ __
.
-do _ Service
do
Hotels and lodging places
do _ _ Laundries
do
Cleaning and dyeing plants
-do Government
do
Total adjusted (Federal Reserve) do
Manufacturing
_ _.
do
Mining
__
_ _
_do. .Contract construction
do
Transportation and public utilities
do
Trade
__do
Finance
do Service
do
Government
do
Production workers in manufacturing industries:!
Total (IT S Dept of Labor) thousands
Durable-goods industries
do
Ordnance and accessories
do
Lumber and wood products (except furniture)
thousand0.
Sawmills and planing mills
do
Furniture and fixtures
do
Stono, clay, and glass products ._
--do
Glass and glass products __
do Primary metal industries
_ _ .do
Blast furnaces, steel works, and rolling
mills thousands
Primary smelting arid refining of nonferrous metals
_
thousands
Fabricated metal prod, (except ordnance, machinery, transportation equipment) - - thous - Heating apparatus (except electrical) and
plumbers' supplies
thousands
Machinery (except electrical)
_._do
Electrical machinery
do
Transportation equipment
_. 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
do _
Food arid kindred products..
do
Meat products
_do
Dairy products
__
do _ _
Canning and preserving
do
Bakery products
.do
Beverages _ . . do
Tobacco manufactures
do
Textile-mill products
do
Broad-woven fabric mills
do
Knitting mills
. . . .
do
Apparel and other finished textile products
thousands
Men's and boys' suits and coats .-do
Men's and boys' furnishings and work
clothing
thousands..
Women's outerwear
do
Paper and allied products
do
Pulp, paper, and paperboard mills. __do
Printing, publishing, and allied industries
thousands
Newspapers
do __
Commercial printing
do
Chemicals and allied products
do
Industrial organic chemicals
do
Paints, pigments, and
fillers
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
Manufacturing production-worker exmployment
index, unadjusted (U. S. Dept. of Labor) f
1939=100..
Manufacturing production-worker employment
index, adjusted (Federal Reserve)!
1939=100..
r
3
Revised.
Preliminary.
9,336
r
2,491
6, 845
1,401
1,208
f>70
1,774
4,834
487
361
154
5,803
9,220
2,472
6, 748
1,356
1,201
679
1,780
4, 851
511
364
151
5, 738
9,213
2, 515
6,698
1,337
1,181
688
1,780
4,836
504
358
144
5,763
9,409
2,538
6,871
1,432
1,192
692
1,771
4,833
475
356
147
5,893
9,505
2,554
6. 951
1,489
1,200
696
1, 767
4,794
451
350
147
5,866
9,607
2, 538
7, 067
1,588
1,208
704
1,766
4,768
445
348
145
5, 783
10, 156
2, 542
7,614
1,987
1. 217
717
1,770
4,738
443
347
143
6,041
9,246
2, 511
6, 735
1, 392
1,187
701
1,772
4,701
428
347
141
5,777
9,152
2,495
6, 657
1,360
1,185
700
1,777
4,696
430
345
140
5,742
42, 896
14, 007
965
2, 100
4,003
9, 456
I! 756
4,786
5,823
42, 711
13, 917
939
2, 128
3, 968
9, 368
1, 755
4,777
5,846
42, 864
13, 979
949
2 167
3,947
9,420
1,762
4,788
5,852
43, 068
14,108
943
2 188
3, 939
9. 453
1, 780
4,785
5,872
42, 163
13,706
591
0
203
3, 877
9. 386
1, 785
4,770
5, 845
42, 385
13,695
917
2 200
3, 895
9,303
1,784
4, 768
5,820
42,710
13,922
940
^ 131
3, 930
9, 426
1,788
4 762
5,811
42, 544
14,016
867
2 109
3, 901
9, 367
1,781
4, 748
5,784
42, 246
14, 021
604
2 091
3,874
9,323
1,786
4 768
5,779
r
11, 337
6 022
11,211
5, 894
19
11, 561
5 947
18
11, 775
6 060
18
11 368
5 651
18
11 289
5 710
17
11 504
5 961
17
11, 449
6 000
17
11 460
5 982
17
r i\ 549
r $ 070
r 1 1 59fi
r (} 1%
m
18
686
410
257
409
105
971
676
407
253
400
101
934
686
414
263
412
107
932
684
416
277
414
107
938
689
414
284
411
108
559
692
413
283
411
108
743
682
404
289
412
107
955
642
381
289
403
106
963
652
386
297
408
108
978
677
693
r 724
P 751
r 390
r 411
301
410
303
43°
r 303
r 433
116
P 300
P 443
P i 039
523
506
498
499
131
325
507
511
512
45
42
41
42
39
38
41
43
45
679
671
688
708
677
666
688
693
94
977
518
995
646
187
88
66
176
333
92
939
505
1,014
670
192
86
59
170
313
100
927
507
998
678
185
80
47
169
347
110
935
531
1,017
686
191
74
56
172
366
116
922
548
986
666
188
69
53
174
383
113
908
546
898
582
184
71
51
174
381
111
929
559
896
585
184
69
50
173
361
5,315
1,153
226
122
169
192
152
84
1,083
525
203
5,317
1,224
227
122
220
191
169
82
1,057
518
200
5, 614
1,350
229
116
339
194
165
91
1,092
530
211
5, 715
1, 340
230
110
322
196
157
94
1, 132
547
219
5 717
1,273
236
104
232
199
149
92
1, 168
565
227
5 570
1, 185
242
99
160
195
146
89
1,184
572
230
959
122
942
116
1 040
131
1 082
133
1 083
129
236
258
369
192
221
263
365
188
235
306
371
191
246
319
384
197
494
142
163
464
139
60
43
189
150
181
86
339
223
485
141
162
453
136
59
41
189
150
177
82
342
226
486
141
161
458
135
495
144
163
478
140
9, 206
2,484
6, 722
f 1,392
r
1, 192
' 699
«• 1,791
r 4, 708
' 9, 338
2,474
r
6, 864
r
1, 462
r
1, 198
'706
1,803
r
4, 757
*• 442
'347
146
r
5, 915
r
431
f 346
141
5,769
42, 764
7
14, 130
r
94i
r 2 096
3, 906
r
9 341
r
1,791
r 4 7gQ
5, 77C>
r
r
43, 258
14, 302
'941
r
r
r
r 939
r 2 154
r 2 2)2
' 3, 947
9 42-4
1,794
r
4 781
r
5 915
' 3, 890
r
9 465
r
1, 803
f 4 792
5, 869
r
r 11
r 4)9
10 ( i
837
T ^ 450
r
19
98°
113
1 007
r 1 025
507
r 593
r 45
698
709
721
' 741
107
937
561
978
675
184
66
46
172
345
112
960
573
872
567
184
68
45
171
356
114
981
580
879
576
184
67
44
172
118
5 449
1,078
244
95
117
186
135
85
1,177
568
223
5 478
1,055
232
97
110
188
134
81
1,183
571
223
1 028
118
1 040
127
1 032
130
I
135
r 1'^fi
132
129
252
308
392
200
251
280
393
201
247
296
390
200
241
244
245
241
238
385
199
386
200
391
201
r "399
200
500
144
166
488
141
500
145
165
485
143
62
44
188
148
186
81
332
208
KA1
4QQ
145
168
484
144
62
44
185
146
142
167
480
144
62
44
184
145
82
343
224
p I 9 039
p 6 585
P 19
119
5 543
1,139
251
96
136
190
141
87
1,187
574
227
P 1 807
p 4 781
p 5 852
530
45
P 5 832
42
42
44
150
180
81
356
234
149
167
64
354
230
148
187
81
349
224
ono
83
348
231
T
T
T
r K
47Q
99
r 10Q
r
190
r 596
T 900
596
18r*
67
44
174
606
r 1 041
731
186
67
48
r 17f)
r 352
r
361
5 400
1, 065
f 223
103
p764
p 1 032
p fj22
p 1 073
P 179
p 363
r 5 3g7
r 120
r 19J
1 OQ
78
1,183
574
221
r } 021
r 1 003
3Q1
1,060
T 298
46
76
1,172
573
218
1,090
°27
108
127
193
146
r
76
' 1. 163
573
213
p 1, 132
p75
p 1, 172
ApK
r
145
165
AOK
144
59
45
183
144
oq
or-:
235
496
i fi^
487
145
58
45
182
189
83
357
oqc
r
202
r
496
r 1 d.7
497
1 4Q
165
146
61
45
176
p 499
164
148
61
46
p 480
r
177
p 182
190
194
p 197
222
91 ft
P 342
138.4
136.9
141.1
143.7
138.8
137.8
140.4
139.8
139.9
141.0
•• 141. 6
' 144. 5
p 147. 0
139.9
138.9
139.6
141.3
136.6
136.5
139.0
140.2
140.2
'141.2
' 143. 1
r
P 148. 5
147. 1
SURVEY OF CURRENT BUSINESS
S-12
August 1950
1950
1949
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
June
July
August
September
October
November
December
January
February
March
228, 932 'r 250, 272
82, 302
63, 347
114, 891
116, 980
275, 779
102, 310
121, 802
2 1, 939
12214
2 1, 851
1 2 213
2
April
May
June
EMPLOYMENT AND POPULATION—Continued
EMPLOYMENT— Continued
Miscellaneous employment data:
Federal and State highways, total §
number..
Construction (Federal and State)
do
Maintenance (State)
__ _ do
Federal civilian employees:
United States
^
thousands District of Columbia
do
Railway employees (class I steam railways) :
Total
thousands-Indexes:
Unadjusted
.. - 1935-39=100.Adjusted.
_ _ --do
295, 071
124, 025
120, 469
314,414
137, 965
124, 931
327, 536
146, 144
128, 631
323 842
143,' 585
125, 032
310, 606
137, 971
122, 022
278, 309
107, 399
120, 798
240, 059
72, 406
117, 596
220, 000
54, 603
115, 154
213, 821
48, 854
114, 714
1,929
217
1,923
217
1,915
214
1,886
213
1,846
211
1,835
211
1,829
1213
1,801
1213
1,801
1213
2 1. 940
12214
1,261
1,238
1,231
1,196
1,116
1,141
1,183
1,180
1,154
1,177
1,221
P 1, 164
P 1,271
120.6
119.0
118.4
116.0
117.8
115.4
114.2
111.5
106.9
103.4
109.2
108.2
112.7
114.5
112.8
117.3
110.3
113.0
112. 5
115. 3
' 110.7
'118.6
Pill. 2
pill.7
P 121.5
P 119.8
315.7
312.8
323.0
335.1
320.9
313.9
329.3
329.2
330.0
' 333. 5
' 337. 2
349.0
38.8
39.2
39.7
38.8
38.8
40.3
39.1
39.3
39.7
39.0
39.6
40.3
39.7
39.9
40.3
39.1
39.0
40.2
39.8
40.1
40.7
39.7
40.0
40.2
39.7
40.1
40.4
39.7
40.2
40.6
39.7
MO. 7
40.6
MO.O
MO. 9
MO. 7
T> 40. 5
Ml. 4
P40. 5
40.7
40.7
39.0
39.4
38.9
37.6
39.4
39.3
38.6
38.7
37.9
36.9
40.7
40.8
40.5
39.6
39.0
37.6
40.7
40.6
41.0
39.6
38.2
37.6
41.7
41.6
41.7
40.4
39.5
37.5
41.0
41.0
41.2
40.0
39.2
36.4
41.3
40.8
42.2
40.3
39.7
39.4
39.2
38.3
41.1
39.8
39.7
39.5
39.8
39.4
41.7
40.0
40.0
39.6
MO. 4
5-40.1
Ml. 7
MO. 1
MO. 1
38.9
40.7
40.4
41.3
MO. 4
MO. 2
40.4
'40.8
40.0
Ml. 2
MO. 8
40.4
40.5
P41.4
P 41. 3
37.7
36.4
37.6
37.1
34.0
34.4
39.3
39.3
39.3
r
39.9
39.7
40.5
39.1
39.4
39.6
40.7
39.4
40.5
41.3
40.4
40.7
40.8
40.8
39.2
39.3
39.6
40.2
40.1
39.2
40.5
40.3
40.3
40.3
MO. 7
40.7
37.3
39.2
39.0
39.5
39.4
40.5
38.4
39.0
39.2
39.4
37.7
39.0
38.7
39.9
40.3
39.9
38.4
37.7
39.0
39.0
39.5
39.1
39.1
39.7
39.8
40.2
37.3
38.4
39.0
38.9
40.3
39.3
40.0
40.1
40.4
40.6
37.7
38.1
39.5
40.2
41.4
39.2
40.4
39.1
39.0
40.5
30.4
38.5
39.8
40.7
40.0
38.5
40/0
37.3
36.2
41.5
34.8
38.3
40.0
40.9
40.5
39.7
40.6
38.9
38.2
41.2
38.4
38.7
40.0
40.9
39.7
39.8
40.5
40.5
40.9
40.7
37.8
38.0
39.7
40.2
39.7
40.3
40.4
39.7
39.6
40.7
37.5
39.4
39.9
40.2
MO.O
40.0
r 39. 9
40.2
Ml. 3
MO. 9
Ml. 1
41.5
40.8
38.0
39.7
' 40. 3
MO. 4
38.5
41.6
40.4
45.8
38.3
42.2
42.1
38.0
36.3
35.7
36.2
38.7
42.2
41.8
45.7
39.7
42.2
36.3
36.3
38.9
41.7
41. C
45.0
40.8
41.5
41.4
38.7
37.6
37.6
37.0
39.6
41.8
41.6
44.4
40.1
42.1
40.7
38.9
38.6
38. 5
37.8
39.6
41.7
41.1
44.2
40.0
41.6
40.5
38.2
39.4
39.6
38.9
39.3
41.6
42.9
43.9
37.1
41.4
40.1
38.0
39.5
39.8
38.4
39.5
41.4
43.4
44.1
36.0
41.3
39.7
38.0
39.8
40.3
37.0
39.4
41.4
42.9
44.5
38.2
41.1
39.7
38.0
39.4
40.0
30.8
39.3
40.7
40.4
43. 8
37.7
41.0
40.0
30. 2
39.0
40.1
37.2
35.4
33.3
35.4
33.4
35.7
33.5
30.8
35.4
36.5
34.3
35.7
32.9
35.9
34.7
36.0
35.4
36.7
37.0
35.8
34.6
40. 7
41.1
30.1
33.9
41.1
41.8
36.4
34.2
41.8
42.6
36.9
35.8
42.6
43.0
37.5
34.2
43.1
43.7
30.8
33.6
43.0
43.6
36.8
34.5
42.9
43.0
36.2
35.0
42.2
43.0
38.7
3?. 4
40.0
40.8
39.2
40.2
41.2
40.2
39.9
38.2
36.6
36.5
36.0
38.6
37.1
39.8
40.6
39.3
40.0
40.9
40.7
40.4
38.4
36.6
37.0
36.8
38.5
36.8
39.6
40.5
39.2
40.0
41.1
40.3
39.8
38.3
36.0
37.2
36.7
39.1
37.5
39.9
41.4
39.8
40.4
41.5
41.1
40.5
40.3
39.1
30. 8
36.0
38.6
37.5
39.5
41.7
39.9
40.6
41.4
41.0
40.3
39.4
37.3
36.5
35.1
38.6
37.2
39.3
41.5
40.0
40.7
41.0
40.0
40.0
38.4
30.9
35.1
33.3
39.3
38.1
40.3
41.0
40.2
40.6
41.0
39.9
39.7
39.2
37.3
37.1
36.2
38.5
30.5
40.0
41.3
40.3
40.6
41.0
40.7
40.7
39.4
38.4
37.7
37.4
1, 820
i 2214
PAYROLLS
Manufacturing production-worker payroll index,
unadjusted (U. S. Dept. of Labor) f— 1939=100—
LABOR CONDITIONS
Average weekly hours per worker (U. S. Dept. of
Labor) :f
All manufacturing industries
hours. _
Durable-goods industries
do
Ordnance and accessories
_-do
Lumber and |wood products (except furniture) _
hours..
Sawmills and planing mills..
-do
Furniture and fixtures
do
Stone, clay, and glass products
__do
Glass and glass products
do
Primary metal industries
__do
Blast furnaces, steel works, and rolling mills
hours- .
Primary smelting and refining of nonferrous
metals
_
_ _ . _ - hours-.
Fabricated metal prod, (except ordnance, machinery, transportation equipment). .hours.
Heating' apparatus (except electrical) and
plumbers' supplies
hours
Machinery (except electrical)
do
Electrical machinery
do
Transportation equipment
-do
Automobiles.
do
Aircraft and parts
do
Ship and boat building and repairs- -.do
Railroad equipment
do
Instruments and related products
.do _
Miscellaneous rufg. industries
do
Nondurable-goods industries
Food and kindred products. _
Meat products _ .
Dairy products
Canning and preserving
Bakery products
Beverages .
.
_.
Tobacco manufactures
Textile-mill products
Broad-woven fabric mills
Knitting mills
_ ...
do
do
. do
do
_ do
do
_ do
do
do
do
do
Apparel and other finished textile products
hours..
Men's and boys' suits and coats
.do
Men's and boys' furnishings and work
clothing
hours
Women 's outerwear
do
Paper and allied products
do
Pulp, paper, and paperboard mills do
Printing, publishing, and allied industries
hours. .
Newspapers
do
Commercial printing
do
Chemicals and allied products
do
Industrial organic chemicals
do .
Drugs and medicines. _ ...
do_ Paints, pigments, and
fillers
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
£.1
30. 6
37.5
' 40. 5
40.2
40.4
40. 5
38.2
30.2
40.0
40.2
39 2
40.7
41.0
MO. 7
Ml. 3
M2.2
40.2
37.6
39.2
39.9
40.2
38.5
40.4
39.8
44.0
30.3
41.1
40.7
35. 5
37.8
'35.0
38.9
Ml !)
40.7
44.3
37.3
41.0
41.2
' 30 0
37.9
38. 5
35.0
'36.4
'37.5
35.2
'35.2
' 35. 7
30.4
36.4
35.9
42.5
43.4
30. 2
35.4
42.0
43.4
35.4
34.5
42.3
43.2
35. 9
34. 5
42.3
43.2
38.2
30.3
39.3
41.1
40.0
40.7
41.4
39.8
39.6
39.2
38.3
38.1
37.8
38.0
'36. 8
39.0
41.1
40.0
40.9
41.7
39.7
39.6
39. 3
37.4
'37.9
37.4
38.6
37.1
39.4
41.2
40.1
40.8
41.8
40.8
40.5
40.0
39.0
' 35. 9
34.8
' 38. 7
37. 3
39.8
41.2
40.5
40.8
49 2
MO.O
39.9
Ml.l
41.1
' 35. 5
34.3
r 40. 3
43. 7
' 30. 8
Ml. 5
MO. 1
* 30. 7
39.2
39 8
37.0
' 38 4
Nonmanufacturing industries:
Mining:
40.6
39.4
40.1
39.5
Metal
do
35.7
41.6
39.6
42.0
41.9
Ml. 1
41.5
23.4
35.0
23.4
39.2
22.0
23.9
Anthracite do
31.8
35.7
20 0
41.5
29.0
25.1
30.7
26.1
31.9
34.1
Bituminous coal
_ .-do
25.4
27.0
24.5
'25.4
••39.2
36.0
Crude-petroleum and natural-gas production:
Petroleum and natural- gas production
r
39.7
40.3
40.4
41.2
40.1
40.0
hours. 40.0
41.8
40.0
39. 8
M2.4
43.4
43.8
44.3
43.2
Nonmetallic mining and quarrying
do
44.2
42.7
42.4
41.4
41.4
' 43. 5
Ml. 6
38.5
38.6
Contract construction
do_38.7
37.7
38.3
37.1
36.4
35.2
34.3
'35. 1
36.5
42.2
41.9
42.4
40.9
41.8
39.9
Nonbuilding construction
do
38.3
37.4
37.8
40.8
'38.7
37.1
37.1
37.2
36.5
36.1
Building construction
do
36.9
34.8
35.8
33.7
'35.6
'34.5
J
••Revised.
v Preliminary.
Data include all of Fairfax County, Virginia, and Montgomery and Prince Get )rges Coun ties, Maryland.
2
Data for the United States include 145,100 decennial census temporary employees for March, 130,900 for Apr; 1, 48,500 foi* May, and 12,500 for June; the ilumber of such
available for the District of Columbia.
§Total includes State engineering, supervisory, and administrative employees not shown separately.
tRevised series. See note marked "f" on P- S-ll.
Ml. 2
Ml. 4
Ml. 8
MO. 4
P42. 5
P 40. 5
P40. 2
P 39. 4
Ml. 9
p 38. 0
P38. 0
p35. 8
P43. 0
P38. 6
Ml. 5
Ml. 2
P37.6
41.2
34.5
34.9
41.2
44.1
37.5
40.0
30.8
empk>yees is not
SUEVEY OF CTJKRENT BUSINESS
August 1950
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
S-13
1950
1949
June
July
August
September
October
November
December
January
February
March
May
April
June
EMPLOYMENT AND POPULATION—Continued
LABOR CONDITIONS —Continued
Average weekly hours per worker, etc. f— Continued
Nonmanufacturing industries — Continued
Transportation and public utilities:
Local railways and bus lines
hours
Telephone
. _ _ _
__do
Telegraph
do
Gas and electric utilities
do
Trade:
Wholesale trade
do
Retail trade:
General-merchandise stores
do
Food and liquor
.
.
do ___
Automotive and accessories dealers._.do
Service:
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
Percent of available working time
46.0
38.4
45.0
41.3
45.1
38.5
45.4
41.3
44.7
38.4
45.1
41.4
40.6
40.8
36.8
40.4
45.5
37.2
41.1
45.6
44.1
41.6
42.3
r
r
44.3
38.6
44.5
41.4
44.2
38.7
44.5
41.7
44.1
38.8
43.7
41.5
44.5
38.4
43.7
41.8
44.2
38.5
44.1
41.7
44.4
38.6
44.1
41.4
40.7
40.7
40.9
40.6
40.9
40.6
40.3
40.3
37.2
41.1
45.6
36.6
40.2
45.5
36.4
40.3
45.9
36.3
40.1
45.6
38.1
40.3
45.8
36.9
40.0
45.8
40.4
40.1
45.3
r
40.0
r
r
44.1
41.5
41.0
44.2
40.8
39.5
44.1
41.2
41.7
44.2
41.1
41.1
44.0
40.9
40.9
43.8
41.2
41.0
43.9
41.5
41.2
43.8
40.8
39.9
r
43.8
41.0
40.6
43.7
'41.1
40.2
43.8
41.8
43.0
377
572
343
110
365
134
287
507
256
570
197
57
170
46
225
185
210
75
260
80
400
160
450
325
632
673
4,470
.6
603
249
2.350
.4
643
232
2,140
.3
536
603
6,270
.9
475
977
17, 500
2.7
388
914
6,270
10
323
417
1,350
340
300
2,600
4
325
515
7, 850
13
400
530
3,750
5
550
300
650
500
3,000
.4
9
44.4
38.5
44.1
Ml. 2
44.9
38.9
45-4
41.3
40.2
40.4
40. 1
40.1
»• 45. 8
40.0
M5.8
44. 7
38.7
44. 6
41.3
40.0
40.0
46.2
3,150
5
425
260
650
400
2 750
4
U. S. Employment Service placement activities:
Nonagricultural placements
thousands
Unemployment compensation (Soc. Sec. Admin.) :
Initial claims
thousands
Continued claims
do
Benefit payments:
Beneficiaries, weekly average
do
Amount of payments
thous. of dol
Veterans' unemployment allowances:
Initial claims
thousands
Continued claims
do
Claims filed during last week of month__.do
Amount of payments
thous. of dol_ _
400
369
452
466
416
350
312
305
289
368
406
489
494
1,522
8,778
1,383
7,467
1,252
8, 353
1,013
7,084
1,363
8,363
1,545
7,584
1,630
8,259
1, 725
9, 000
1,240
8,068
1,294
8,261
1 543
6,656
1 367
6 702
1 104
5 827
1,809
154, 695
1,717
148,767
1,952
170, 629
1,744
154, 079
1,528
135, 707
1,698
152, 170
1,889
170 580
2,078
186, 383
2,027
167, 212
2,098
187 215
1,559
138, 969
1 567
136 778
1 388
119 430
446
2,486
586
45, 797
279
2, 569
582
48, 939
52
936
113
24, 135
31
385
83
8, 775
31
265
62
5,467
29
268
60
5,291
29
280
61
5,474
29
289
66
5,753
23
258
0.3
5, Of>9
20
275
18
128
Labor turn-over in manufacturing establishments:
Accession rate- _ .monthly rate per 100 employees. _
Separation rate, total
thousands _
Discharges _
do
Lay-offs
do
Quits
do
Military and miscellaneous
do
4.4
4.3
.2
2.5
1.5
.1
3.5
3.8
.2
2.1
1.4
.1
4.4
4.0
.3
1.8
1.8
.1
4.1
4.2
2
1.8
2.1
.1
3.7
4.1
.2
2.3
1.5
.1
3.3
4.0
.2
2.5
1.2
.1
3.2
32
1.9
1.0
.1
3.6
3. 1
.2
1. 7
1.1
.1
3.2
3.0
.2
1.7
1.0
.1
54.51
57.82
58.72
54.63
57.31
59. 64
54.70
57.89
58.44
55.72
58. 69
59. 76
55.26
58. 17
59.97
54. 43
56.82
57.82
56.04
59. 19
60. 85
56.29
59 40
60.70
56.37
59 47
60.88
52.91
53.56
48.36
53.58
55. 98
59.82
50-75
51.25
47.86
52.94
55. 22
58.63
52 87
53. 53
49.69
54.17
56.08
59.45
52 83
53. 35
50.72
54.73
55.89
60.42
54 17
54.54
51. 42
55.51
57.04
58.35
52 48
52.89
50.72
55. 28
57.19
57 48
52 66
52.31
52 50
55. 65
58.16
62 92
48 02
47.38
51 13
55.32
59.31
63 79
50 55
50.59
52.29
55. 56
59.36
63 48
r
r
r
r
62.21
59.88
61.33
62.07
55.90
56.48
64 65
65 83
64 81
r 61 84
60.71
59.00
58.39
59.24
59.87
58.43
59 60
62 07
60 24
r 61 13
r 61 65
57.39
57.61
58.13
59.25
58.51
56.88
59.66
59.93
59.68
r 59. 64
' 60. 52
r 60. 77
54.72
59.94
56. 16
65. 49
66.94
62.94
62.82
62.71
54.61
49.72
54.85
59.67
56. 00
66. 27
68.67
62.08
61.94
60.32
54. 37
48.75
57.63
59.86
56. 73
65.90
67.78
62.07
60.05
62.05
54.25
48.51
59.56
60.44
57.88
67 13
69.33
63.58
61.00
61.84
55.26
50.57
55.58
60.21
57.97
64.75
65. 87
63.67
59.11
62.49
56.08
51. 44
59.32
59. 21
57 36
61 92
61.03
66 69
56.97
63 16
56.52
51.70
60 39
61 30
58 63
65 31
65 44
66 41
62.86
63 39
56.84
52 23
59 23
61 57
58 44
68 12
70 14
65 20
61.46
61 60
56.49
51 78
59.59
62 55
58 26
66 58
67 64
65 69
61.16
64 89
56.86
51 62
r
r
60 78
T 65 13
r 59 43
r 69 79
71 84
65 77
63. 00
64 87
' 57. 99
r 52 64
52.59
53.63
57.78
55.28
44.79
52 88
64 92
38 39
45 82
45 74
42.22
52. 47
53.83
56.51
54.76
45.92
52 29
64 40
52 07
54 16
60 23
53 95
41 29
52 ]2
63 60
38 46
47 20
47 76
43.28
52 69
54 57
•60 98
54 29
43 26
59 16
63 12
38 76
47 64
48 40
42.34
52 91
54 °4
60 19
55 67
45 15
52 07
63 9
52
39 5
47 36
48 16
41.73
53 06
54 05
55 99
54 88
44 94
52 96
64 52
38 48
47 88
48 16
43.38
9
58
5,713
14
187
14
160
43
3,838
33
3,185
27
2,526
3.6
2.9
3.5
2.8
'4.4
31
*5.0
P3 i
P 3
p 9
*> 1 8
r
.2
1.2
1.3
.1
.2
1.4
1.2
.1
.3
»• 1 1
1.6
.1
v 1
WAGES
Average weekly 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
Glass and glass products
do__ _
Primary metal industries
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
Heating apparatus (except electrical) and
plumbers' supplies... ..
__ .. .dollars
Machinery (except electrical)
do
Electrical machinery
do
Transportation equipment
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
_ . _ do
Food and kindred products
do
Meat products
__
do
Dairy products
do
Canning and preserving
do
Bakery products
do
Beverages.. .
_._ , _ _ d o
Tobacco manufactures
_
do
Textile-mill products ..
_ .
do __
Broad-woven fabric mills
.
..do
Knitting mills, _
._
do
r
Revised.
f> Preliminary.
50.97
51.55
51.31
53. 62
54.69
53.00
58.02
55.87
56.87
55.23
55.71
54.72
42.63
43.59
44.27
52.29
52.62
51 83
65.59
68.79
66. 24
38. 57
38. 19
38 58
42.98
44 37
43.26
42.09
42.87
44.41
40.73 1
41.11
40.44
t Re vised series. See note marked "f" on p. S-ll.
47 04
47 52
43.68
r
T
56 53
59 74
61 31
r 52 24
51.85
52 17
55. 70
59. 35
r 62 40
56.93
r 60 97
61 43
r 57 72
T 61 72
T 53 36
53. 00
51 67
' 56. 56
r
59. 66
65 04
r 54 51
54 44
T 51 42
' 57. 82
59 79
r
r
r
r
r
57. 40
r 51 82
r
T
53 04
* 54 42
r 52 21
T 54 18
r 55 68
54 87
44 29
52 44
66 71
r 38 59
45 51
T 45 81
* 40. 60
r 64 21
r 54 63
r 44 79
r 52 75
T 65 16
T 39 49
T 47 39
r 47 79
' 43. 55
r 65 61
65 95
60 20
63 34
r 58 44
r 67 46
r 69 08
65 29
62.53
r 56 14
r 61 54
60 33
64 33
58 85
70 38
73 64
64 80
6L66
64 52
57. 26
51 86
r> 58 89
P 63 14
P 61 92
P 52 08
p 58. 40
P 67 44
65 86
61 98
r 52 87
r 55 Q2
T
57 10
54 98
45 0(>
5i 50
67 36
S() 56
4 5 6'i
45 85
40.60
p 62. 14
P 66 13
P 58 62
p 72 97
P
P
P
P
58.
52
53
pjjj
56
14
74
27
P 4j 42
P 46 59
SURVEY OF CURRENT BUSINESS
S-14
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
Au-ust
1950
1949
June
July
August
September
October
November
December
January | F«*!U- J March
( ary
1
April
June
May
EMPLOYMENT AND POPULATION—Continued
W A G E S— Con tinu ed
Average weekly earnings, etc.f — Continued
All manufacturing industries — Continued
Nondurable-goods industries — Continued
Apparel and other finished textile products
dollars. _
Men's and boys' suits and coats
do
Men's and boys' furnishings and work
clothing
dollars _
Women's outerwear
do.
Paper and allied products
do
Pulp paper and paperboard mills do
Printing, publishing, and allied industries
dollars..
Newspapers
do. ~
Commercial printing
do
Chemicals and allied products
_ do ..
Industrial orpnnic chemicals
do
"Drugs and medicines
do
Paints pigments and
fillers
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
\nthracitc
do
Bituminous coal
do
Crude-petroleum and natural-gas production:
Petroleum and natural-gas production
dollars
Nonmetalic mining and quarrying
do
Contract construction
do
Nonbuildiner construction
do
Building construction
do
Transportation and public utilities:
Local railways and bus lines
do
Telephone
do
Telegraph
do
Gas and electric utilities
do
Trade:
Wholesale trade
do
Retail trade:
General-merchandise stores
do
Food and liquor
do
Automotive and accessories dealers do
Finance:
Banks and trust companies
do
Service:
Hotels, year-round
do
Cleaning and dyeing plants
do
Average hourly 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
Glass and glass products
.
do
Primary metal industries
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. _
Heating apparatus (except electrical) and
plumbers' supplies
dollars
Machinery (except electrical) .__ _ _ _ do- Electrical machinerv
_.
do
Tran sportation equipment
do
Automobiles
do
Aircraft and parts _ _ _ _.
do
Shin and boat building and repairs do.
Railroad equipment
do
Instruments and related products
do
Miscellaneous mfg. industries
do
i
40.11
43. 86
41.03
44. 93
41.95
44.96
44.01
47. 9?
42.63
46. 20
40.38
44.48
41. 82
46. 64
42.70
47. 72
44.48
49.88
r
32.76
46. 33
54. 54
57.95
33. 03
48. 51
55. 57
59.65
32.80
50.40
56.26
60.32
33. 87
53. 13
57.64
61. Ob
34. 35
49.49
58. 36
62.10
33. 82
45. 80
58. 31
62.09
33. 82
49. 13
58. 09
62. 09
33. 63
50. 86
57. 56
61.62
35. 64
52. 63
r
57. SO
61.71
r
70.47
78. 73
70.80
59. 08
60. 56
56.28
59. 90
71.84
74. 73
58. 29
64. 09
41.46
39.24
70.45
78.02
70.05
59.44
61.50
56.40
59.31
73. 59
76. 60
58. 37
64. 45
41.74
39. 93
70.69
77.80
69. 66
58.77
60.68
56. 32
59.51
72.38
75. 10
57.72
62. 32
42. 00
40.04
72.02
80.14
70.22
59. 66
62.33
56.96
60.88
74.47
77.11
61.01
69. 95
41.99
39.74
71.22
80.06
69. 84
59. 51
62.20
57.16
60.90
74.09
76.13
59. 57
64.83
41.72
38.61
70.91
79.05
69. 36
59.43
62.44
57.51
60. 43
72.12
75. 44
57.91
63.91
40.08
36.40
72.27
81.50
71.17
59. 78
62.75
57.21
60. 80
71.74
74. 83
59. 04
64.79
42.03
39. 20
70.49
76. 43
70. 80
60. 05
63. 63
57. 37
61.21
73. 79
77.41
60. 52
67. 70
42. 90
40.77
70.75
76.38
60. 53
45. 28
59. 90
58.75
66.08
47.94
58. 18
42.80
49.51
58. 96
59.24
52. 46
59.63
75. 81
63.10
52. 73
67.94
68.17
62. 32
42.22
48.74
64.17
44. 60
47. 36
62.81
40.23
49. 83
70.59
57.82
71.41
71 . 34
71.44
72.54
56.77
71.55
72.20
71.28
70.74
57.86
72.13
72.56
71.95
72.40
56. 68
70.73
70.82
70. 69
73.87
57.77
72.06
72.71
71.80
71.20
55.77
70. 12
69. 90
70.21
71.52
55.08
69.75
68. 15
70.26
76.24
53. 36
68.01
65. 56
68.76
54.36
66.89
66.94
67.00
r
66. 01
51.46
62.96
63. 64
65. 21
51.90
63.97
64.02
64.46
51.57
63. 64
63. 92
64. 55
52, 61
62. 83
64. 75
64.31
53.29
62.97
65.72
64.17
54.40
62.05
65. 03
65.10
52. 49
62. 23
66.04
65. 11
53.13
62.84
66.09
65.22
53.69
T
71.88
62. 97
65. 08
r
35. 62
49. 67
58. 06
61. 89
r
40. 87
' 47. 06
r 41. 30
"41.81
48.67
34. 94
46.20
58. 25
62. 51
35. 33
45. 61
r 58. 08
61.86
»• 72. 14
78. 42
71 56
r
60. 09
r
62. 56
r
58. 53
r 62. 38
r
71. 54
«• 74. 88
' 59. 70
65.26
r
44. 15
T
42. 15
' 72. 18
79.77
70, 84
T
60. 52
«• 72. 68
81. 02
71.72
r
61. 22
63. 95
58.87
63. 51
r
73. 32
75.77
r
64. 40
74. 68
r
41. 68
38.62
r
61. 81
80.01
78. 75
»• 63. 29
57.25
f 72. 86
62. 38
68. 48
70.01
70. 88
55. 37
68. 50
68. 34
68. 83
r
76. 36
T 57. 94
r
70. 70
' 70. 75
T
70. 70
72.84
59.18
73.13
71.09
73.60
65 53
52. 98
62 93
64. 81
r
66. 63
53. 76
65. 38
65.01
58.56
' 58. 69
35. 04
50. 76
59. 22
r 34. 56
r 50. 85
r
60. 50
r
r
T
r
r
r
f
p
T
r
r
r 63. 12
T 58. 67
r
62. 83
r
73. 73
r
76. 99
' 61. 80
r
r
69.23
42. 07
39. 32
66.11
53. 44
64.13
65.09
57.49
58.18
57. 10
57.35
58.36
57.86
58.20
58.14
58.27
35. 62
50.26
59. 70
35. 86
51.13
59.83
35.75
51.00
59. 55
35. 17
50. 57
59. 51
34.64
50.25
59. 39
34.30
50.37
58.78
36.12
50. 54
58. 26
35. 68
50.68
58.72
35. 44
50. 85
57. 76
r
43.10
43.80
43.10
43.62
43.94
43.96
43. 95
45.29
45.52
r
45. 37
45.81
32.90
35 03
40.43
32.93
34 27
38.63
32.90
34 69
41.28
32.84
34.57
40.15
33.13
34 23
39.96
33.24
34 77
40.47
33.06
35. 15
40.75
33. 51
34 39
39.26
r
33 07
33. 12
35 55
40. 16
1.408
1. 477
1.480
1.399
1. 473
1.472
1.407
1.482
1.483
1.392
1.458
1.488
1.392
1.457
1.488
1.408
1.476
1.495
1.418
1.485
1.510
1.420
1.483
1.507
1.434
1.498
1.513
' 1. 443
r 1. 509
' 1.512
1.300
1. 316
1. 240
1. 360
1. 439
1.591
1.288
1.304
1.240
1.368
1. 457
1.589
1.299
1.312
1.230
1. 308
1. 438
1.581
1. 298
1.314
1 . 237
1.382
1.463
1.607
1.299
1.311
1.233
1.374
1.444
1.556
1.280
1.290
1. 231
1.382
1.459
1.579
1.275
1. 282
1.244
1.381
1. 465
1.597
1.225
1.237
1. 244
1. 390
1.494
1.615
1.270
1.284
1.254
1.389
1.484
1.603
1.311
1.312
1. 251
1.400
1. 484
1.610
r
r 1. 405
1.480
T
1. 620
1.650
1.645
1.631
1.673
1.644
1.642
1.645
1.675
1.649
r
1 649
1.653
1.489
1.482
1.496
1.471
1.483
1.479
1.503
1.491
r
1 502
' 1.511
1.464
1.466
1.468
1.474
1.459
1.451
1.473
1.487
1.481
r 1.480
r
1.467
1. 529
1.440
1.658
1.699
1.554
1.636
1 . 608
1.393
1.262
1.455
1.530
1.447
1.661
1.704
1.607
1. 613
1.600
1.394
1.250
1.459
1. 531
1. 451
1. 660
1.703
1.544
1.610
1. 616
1.391
1.247
1.478
1. 538
1.447
1.674
1.716
1.566
1.618
1.623
1.399
1.258
1.479
1.536
1.435
1. 656
1.689
1.572
1. 624
1.623
1.409
1.264
1.483
1. 538
1.434
1.060
1 . 686
1.607
1.637
1 . 649
1.413
3 . 204
1.491
1. 544
1.444
1.679
1.713
1.612
1. 637
1. 638
1.421
1.277
1.492
1.547
1. 443
1 . f.82
1.715
1 . 602
1.626
1. 621
1.423
1.288
1. 501
1. 552
1.442
1. 677
1 . 70S
1.614
1.631
1.647
1 425
1. 284
' 1 . 505
r
. 443
.678
' 710
.612
.637
r
638
r .435
' .289
1 . 328
1. 283
1.389
1. 245
1.117
1. 256
1.595
.987
1. 187
1.188
1.117
1.325
1.291
1.375
1 . 239
1.148
1.257
1.590
.994
1.194
1.200
1.123
1.325
1.302
1.407
1.229
1.113
1.259
1.586
1.012
1. 195
1.200
1.127
1. 334
1. 31S
1. 4C6
1.231
1.182
1. 263
1.590
1.019
1. 197
1. 201
1.126
1.343
1.327
1.403
1. 251
1.182
1. 267
1.600
1. 033
1.202
1.204
1.134
1 . 350
1.328
1.386
1.253
1. 192
1. 273
1. 613
1. 063
1.209
1. 201
1.166
353
. 337
393
r
.250
1.217
r
1 271
r
1 625
' 1. 076
r
1 209
r
1 199
' 1.177
p 62. 71
p 74. 86
p 43. 92
1.569
1.499
p 72. 38
33. 29
36 32
43.43
1.405
1. 475
1.479
p 59. 94
45. 66
32. 85
35 32
42.17
1.324
1.332
1.319
Nondurable-goods industries
do
1.296
1.289
1.271
Food and kindred products
__
do 1. 388
1.383
1.387
Meat products
do
1.216
1.206
1.219
Dairv products
_
_
do
1.113
1.098
1.085
Canning and preserving...
_do1.247
1.249
1.239
Bakerv products
_
do
1.611
1 . 600
Beverages
do
1 558
1.021
1.015
Tobacco manufactures
do
.997
1. 182
1.184
1. 180
Textile-mill products
._
do
1. 181
1. 181
1.179
Broad-woven fabric mills
_ _ . do,
1.111
1. 114
1. 125
Knitting mills. _ ... ..
_
. do ..
r
Revised.
Preliminary.
fRevised series. See note marked "f" on p. S-ll.
70. 70
59.96
62.64
58.04
61.98
71.64
74.84
59.90
67. 22
44.08
42.22
' 43. 50
50. 81
r
r
r 34 5fi
r
40. 40
T
' 1. 424
1.486
1. 510
r
r
r
r
T
1 293
1.293
1 251
f 1 . 389
r
1. 480
r
1. 604
r
r
r
r
560
T
'58. 74
35. 24
50. SO
60.94
T
1. 336
1.341
1. 248
p 1. 454
p 1. 525
p 1. 529
p 1. 258
p 1.414
p 1. 637
1.519
1.487
«• 1. 493
p 1. 501
.512
. 569
r
.446
r
.704
r
. 745
.612
. 640
. 646
r
.435
r .290
1.512
r 1. 577
' 1.453
r \ . f>98
p 1 . 582
P 1.451
p 1.717
1.731
1. 612
1. 645
1.634
r 1.439
r
1.303
P 1.446
P 1. 297
r
' 1.359
1 . 342
1. 403
1.241
1.208
1. 286
1 635
P 1 364
p 1. 343
r
p 1.090
p 1. 207
1.356
1. 341
' 1. 399
1.247
1.220
1.276
1 639
r
1. 087
1.204
1.193
1.160
T
r
1.081
1. 204
1. 191
1.160
S-15
SUEVEY OF CUEEENT BUSINESS
August 1950
Unless otherwise stated, statistics througli
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
1950
1949
June
July
August
September
October
Novem- I December
ber
January
{
Fetal-
March
April
May
June
' 1. 161
1.337
'1.157
p 1. 168
EMPLOYMENT AND POPULATION—Continued
WAGES—Continued
Average hourly earnings, etc.f — Continued
All manufacturing industries— Continued
Nondurable-goods industries— Continued
Apparel and other finished textile products
dollars _ _
Men's and boys' furnishings and work
clothing
dollars
"Women's outerwear
do
Paper and allied products
do _
Printing, publishing, and allied industries
dollars. _
Newspapers
do
Commercial printing
do
Chemicals and allied products
do
Industrial organic chemicals
do
Drugs and medicines
do
Products of petroleum and coal
do
Petroleum refining
do
Rubber products
do
Tires and inner tubes
do
Leather and leather products
„ do
Footweir (except rubber)
d.o
Nonmanufacturing industries:
Mining:
Metal
do
Anthracite
do
Bituminous coal
do
Crude-petroleum and natural-gas production:
Petroleum and natural-gas production
dollars
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
Trade:
Wholesale trade
do
Retail trade:
Gene r al-merchandise stores
do
Food and liouor
do
Automotive and accessories dealers do
Service:
Hotels, year-round
do
Laundries
do
Cleaning and dyeing plants
do
Miscellaneous wage data:
Construction wage rates (E. N. R.):§
Common labor
dol. per h r _ _
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
do
1.159
1 306
1.133
1 317
1. 175
1 342
1.196
1 353
1.168
1 347
1.131
1 352
1. 105
1 344
1.186
1 348
1.212
1 348
r
.979
r
T
1. 195
1 355
T
r
1.337
.915
1.339
1. 340
1 410
.915
1.431
1.352
1 427
.901
1.465
1.346
1 416
.918
1.484
1.353
1 420
.916
1.447
1.354
1 421
.919
1.363
1. 356
1 424
.9)9
1.424
1.354
1 424
. 929
1.453
1. 364
1 433
1.466
1. 360
1 422
r
.984
1. 403
' 1 . 363
r i 426
.987
1.339
' 1. 377
' I. 447
.984
1.322
1.373
1.432
1.821
2.105
1 770
1. 448
1 545
1.400
1 454
1.787
1. 873
1.528
1.751
1. 136
1 090
1.825
2.103
1. 760
1.464
1. 565
1.410
1 450
1.808
1.896
1.520
1. 761
1.128
1.085
1.836
2. 114
1. 759
1. 451
1. r)48
1.408
1 448
1.796
1.887
1.507
1.731
1.129
1.091
1.842
2.137
1.760
1.441
1. 566
1.410
1 467
1.812
1.904
1.514
1.789
1.141
1.104
1.845
2. 135
1.768
1.427
1.559
1.408
1.471
1.807
1.889
1.512
1.738
1.143
1.100
1.837
2.125
1.765
1.432
1.831
2. 094
1.770
1.454
1.579
1.413
1 493
1.813
1. 902
1.536
1. 763
1. 138
1.090
1.852
2.104
1.799
1.459
1. 566
1.426
1 497
1.800
1.890
1. 528
1. 755
1.157
1.117
' 1. 869
2.131
1.807
1 . 561
1.413
1 474
1.803
1.886
1.508
1 . 732
1.142
1 093
1.839
2.139
1.766
1.437
1.561
1.409
1 483
1.798
1. 885
i. 506
1. 737
1.133
1.083
r 1. 564
' 1. 870
2. 150
1.798
«• 1. 469
' 1. 574
'1.431
r 1. 438
' 1 496
' 1 . 802
' 1.891
r
1. 519
1. 745
r
1. 165
r
1. 127
' 1. 503
r 1. 807
' 1. 901
' 1. 878
2.172
1.802
' 1. 486
1.579
1.443
1.505
' 1. 806
1.899
'1.545
'1.567
1.491
1. 935
1.951
1.491
1.888
1.910
1.473
1.829
1.897
1.489
1.863
1. 943
1.487
1. 934
1.978
1.477
1.903
1.999
1.498
1.919
1.919
1.517
1. 866
1.933
1.499
1. 953
1.962
1.504
1.928
' 2. 009
' 1. 525
1. 974
' 2. 024
1.514
1.985
1 778
1 320
l'856
1 704
1.924
1.800
1 308
1.856
1.712
1.922
1.764
1 306
1.862
1.712
1.932
1.792
1 312
1.874
1.730
1.938
1.793
1 307
1.881
1.741
1.944
1 780
1 306
1.891
1.754
1.947
1 788
1 299
1.917
1.777
1.964
1.824
1 289
1.932
1. 753
1. 976
1.797
1 313
1. 950
1.771
1.988
1 781
1 331
1.954
1 766
1.995
*
'
'
'
'
1. 768
1 342
1.950
1.751
1.435
1.340
1 399
1.541
1.446
1.348
1.409
1. 550
1.442
1.343
1.411
1.544
1.457
1.363
1.412
1. 564
1. 455
1.377
1.415
1.576
1.455
1.402
1.420
1.567
1. 463
1. 367
1.424
1.580
1.473
1.380
1. 425
1. 585
1.469
1.391
1.428
1.572
1.476
1.376
1 427
1.573
' 1. 479
1.381
1.438
1.576
1.484
1.382
1.440
1.574
1.416
1.426
1.403
1.409
1.427
1.425
1.423
1.432
1.446
1. 453
' 1. 460
1.454
988
.964
1.244
1.312
.961
1.244
1.306
.961
1.258
1.308
.952
1. 247
1.294
945
1. 256
1.289
948
1. 254
1.272
967
1. 267
1.282
.963
1.268
1.275
960
r
1 269
r I 293
952
' 1. 268
' 1.321
.968
1.270
1.319
.746
.844
.986
.745
.840
.978
.746
.842
.990
.743
.841
.977
.753
.837
.977
.759
844
.987
.753
.847
.989
.765
.843
.984
. 755
843
.995
.758
.865
'.999
. 760
.869
1.010
1.465
2. 413
1.470
2.434
1.478
2.453
1.478
2.458
1.478
2. 462
1.478
2 462
1.485
1.485
2.462
2.456
1.486
2 469
1.493
2. 478
1.511
2. 48G
1.373
1.565
1.562
1.17
1. 569
1.572
.75
1.574
1 17
1.601
i. 552
1.574
1. 13
1.558
251
278
272
257
280
258
256
257
245
258
237
257
231
250
279
240
1 712
956
899
57
306
506
(i)
(i)
(i)
(i)
313
471
450
294
453
279
476
1 744
'969
916
53
265
510
255
540
247
564
1 816
980
931
49
246
589
90, 257
37, 191
53, 066
90, 747
36, 334
54 413
88, 588
35 249
53 339
106 274
45 781
60 493
95 336
38 962
56 374
86 273
35 727
50 546
104 027
43 112
60 915
91 714
37 025
54' 689
100 281
41 463
58 818
107 102
43 781
63 321
44, 323
18, 415
109
18, 010
23 350
44, 323
18, 173
15, 947
771
23 278
56.3
43, 513
44, 272
18, 267
322
17, 682
23 232
44, 272
17, 793
16 038
671
23 373
56.4
45, 643
19, 499
78
18 885
23 176
45, 643
18, 906
16 568
1,018
23 483
54.7
44, 194
18, 326
145
17 827
23 168
44, 194
18, 348
16 211
698
22 926
56.1
44, 097
18, 226
130
17 746
23 120
44, 097
18, 064
15 973
583
22 974
56.3
43, 568
18, 070
925
17 592
23 020
43, 568
17, 796
15 657
507
22 911
56.6
43, 895
18, 301
113
17 796
23 035
43, 895
18. 083
15 878
676
22 880
56.2
43, 525
17, 935
306
17 389
22 998
43, 525
17, 655
15 814
-526
92 836
56.8
44, 284
18, 703
43
18 331
22 982
44, 284
18, 316
15 934
1 244
1.312
.745
849
.997
1.441
2.394
r
.74
1.375
1.392
1.16
.64
'1.462
T
T
1.775
r 1. 172
* 1. 130
1. 801
1 332
1. 937
1.734
1. 986
7n
r
1.817
1. 174
1.126
v 1. 394
P 1.875
p 1.511
p 1.817
p 1. 168
2.006
2.000
1. 528
2. 517
" .73
FINANCE
BANKING
Acceptances and commercial paper outstanding:
Bankers' acceptances
mil. of dol__
Commercial paper
_ __
_
do
Agricultural loans outstanding of agencies supervised by the Farm Credit Administration:
Total
mil of dol
Farm mortgage loans, total
_ _ _ _ _ _ do
Federal land banks
do
Land Bank Commissioner _
- do_- _
Loans to cooperatives
__ _
do
Short-term credit
do
194
211
198
199
1,786
946
880
65
250
591
(i)
0)
0)
0)
258
600
189
230
207
265
261
590
1,791
951
890
62
281
559
(0
(')
(i)
0)
Bank debits, total (141 centers) _ _
do _
98, 276
88, 353
88, 536
36, 467
New York Citv
__
_
do
42, 890
36. 070
Outside New York City
do
55, 386
51,886
52, 466
Federal Reserve banks, condition, end of month:
44,192
44, 937
45, 502
Assets, total
mil. of dol_19,239
Reserve bank credit outstanding, totaL--do
18, 225
19, 696
Discounts and advances
___
do
317
531
103
United States Government securities _ do_ _
18, 529
17, 524
19, 343
Gold certificate reserves
_ _ do
23 245
23, 285
23, 362
44, 937
Liabil ities, total
do
44, 192
45, 502
Deposits, total
do
19, 246
18, 968
18, 036
Member-bank reserve balances
__do
17, 437
16,512
17, 867
Excess reserves (estimated)
do
752
948
1,175
23, 305
23, 373
Federal Reserve notes in circulation
do
23, 273
55.1
Reserve ratio
percent.54.5
56.6
r
Revised.
» Preliminary.
a Rate as of July 1, 1950.
1
Beginning July 1, 1948, farm mortgage loan data are reported quarterly.
fRevised series. See note marked "f" °n P- S-ll.
§Rates as of July 1, 1950: Common labor, $1.538; skilled labor, $2.524.
*New series. Comparable data prior to January 1948 are not available.
215
278
(i)
(i)
0)
(1)
17,860
283
17,316
23 320
43, 513
17, 632
15 850
589
23 247
57.0 1
30fi
(i)
(i)
0)
0)
(i)
(i)
(i)
0)
(i)
0)
(i)
(i)
0)
1
(i)
(i)
P427
22 921
55.7
SUBVEY OF CUERENT BUSINESS
S-16
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
August 1950
1950
1949
June
July
August
September
October
November
December
January
February
March
April
May
June
FINANCE—Continued
BANKING— Continued
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
Time, except interbank, total
_ do
Individuals, partnerships, and corporations
mil. of dol__
States and political subdivisions
do
Interbank (demand and time)
do
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
L/oans, total
do
Commercial, industrial, and agricultural. do
To brokers and dealers in securities
do
Other loans for purchasing or carrying securities
mil. of dol__
R eal -estate loans .
.._
_ _ do
Loans of banks
do_ _.
Other loans
_ _
do
Money and interest rates :d"
Bank rates to customers: f
In New York City
percent
in / oi er nori e a
e
• c* e. - _ - __
46,093
46, 282
46, 737
46, 457
46, 848
47, 648
48, 253
47, 767
46, 926
46, 162
46, 928
47, 533
47, 972
45, 805
3,361
1, 356
15, 375
45, 685
3,432
1,591
15, 282
46, 416
3, 367
2,196
15, 270
46, 465
3, 165
2,636
15, 255
46, 867
3,299
2,335
15, 228
48, 037
3, 255
2,117
15, 162
48, 857
3,296
1,955
15, 288
47, 600
3,456
2,322
15, 333
47, 193
3,454
2,302
15, 377
45, 848
3,431
2, 691
15, 397
46, 672
3,601
1,668
15, 472
47, 856
3,571
1,982
15, 496
47, 925
3.611
2,350
15, 552
14, 596
664
9,526
38, 699
14, 520
641
10, 032
40, 637
14, 502
647
10, 095
42, 288
14, 501
632
10, 065
42, 064
14, 500
605
10, 687
42, 341
14, 431
608
10, 305
42, 226
14, 537
621
10, 729
42, 527
14, 578
627
10, 394
42, 780
14, 647
609
10, 415
42, 090
14, 660
617
9,994
41, 677
14, 717
633
10, 356
41, 525
14, 738
636
9,930
42, 070
14, 768
652
10, 098
42, 376
34, 149
1, 793
5,274
26, 132
950
4, 550
23, 883
13, 181
1,955
35, 773
2,603
5,716
26, 394
1,060
4,864
23, 159
12, 826
1,520
37, 307
3,260
6,392
26, 536
1,119
4,981
23, 491
12, 965
1,609
37, 004
2,608
7,181
26, 091
1,124
5, 060
23, 998
13. 384
1,668
37, 388
2,618
7,273
26, 347
1,150
4,953
24, 325
13, 694
1,618
37, 248
2,345
7, 257
26. 470
1,176
4,978
24, 613
13, 775
1,623
37, 469
2,544
6, 856
24, 637
3,432
5,058
24, 894
13,904
1,608
37, 595
2,762
6, 152
24, 796
3,885
5,185
24, 486
13, 918
1,364
36, 774
2,212
5,071
24, 862
4,629
5,316
24, 741
13, 834
1,529
36, 118
1,768
4,638
24, 016
5,696
5,559
24, 886
13, 790
1,670
35,916
1,753
4,307
24, 080
5,776
5,609
25, 009
13, 420
1,813
36, 456
2,125
4,420
24, 193
5, 718
5,614
25, 033
13, 359
1,801
36, 638
2,641
2,916
24, 433
6, 648
5, 738
25. 584
13, 602
1,717
657
4,118
292
3,981
663
4,143
264
4,049
665
4,185
273
4,102
638
4,207
233
4,178
597
4,246
207
4,266
626
4,299
214
4,393
599
4,342
319
4,445
573
4,396
154
4,455
570
4,413
302
4,470
588
4, 465
212
4,540
624
4, 522
368
4,644
627
4,595
235
4,800
652
4,682
405
4,912
1.50
4.08
2.04
1.50
4.08
2.04
2.38
2.67
3.03
1.50
4.08
2.04
1.50
4.08
2.00
1.50
4.08
2.00
2.29
2 55
3.12
1.50
4.08
2.00
1.50
4.08
2.00
1.50
4.08
2 00
2.34
2.67
3.22
1.50
4.08
2.00
1.06
1.31
1.63
1.63
1.06
1.31
1.63
1.63
1.06
1.31
1.63
1.63
1.06
1.31
1.63
1.63
1.06
1.31
1.63
1.63
1.06
1.31
1.63
1.63
1.100
1.39
1.130
U.44
1.140
i 1. 45
1.164
11.45
1. 167
i 1.45
1.175
U.47
11,411
3, 125
11, 512
2.35
2 86
3 17
1.50
4.08
2.04
1.50
4.08
2.04
1.50
4.08
2.04
2.32
2 64
3.07
1.50
4.08
2.04
1.19
1.56
1.63
1.63
1.06
1.56
1.63
1.63
1.06
1.44
1.63
1.63
1.06
1.38
1.63
1.63
1.06
1.38
1.63
1.63
1.06
1.38
1.63
1.63
1.06
1.31
1.63
1.63
1.158
1.42
.990
1.26
1.027
1.26
1.062
i 1. 34
1.044
i 1.38
1.073
U.37
1.097
i 1.37
10, 718
3,277
10, 753
3,266
10, 786
3,248
10, 830
3,230
10, 860
3,215
10, 296
3, 199
11, 087
3,182
11,179
3,183
11,237
3,177
11,325
3,168
11, 363
3,151
Total consumer credit, end of month . _ _ mil. of dol__
Instalment credit, total
.
do-_.
Sale credit, total
do
Automobile dealers
do Department stores and mail-order houses
mil. of dol._
Furniture stores
do
Household-appliance stores
do
Jewelry stores
do
All other retail stores
do
16, 124
9,123
4,870
2,499
16, 198
9,335
5,010
2,610
16, 453
9, 622
5,223
2,761
16, 803
9,899
5,438
2,876
17, 223
10, 166
5, 661
2,986
17, 815
10, 441
5, 880
3,085
18, 779
10, 890
6, 240
3, 144
18, 344
10, 836
6,174
3.179
18, 126
10, 884
6,213
3, 256
18, 302
11,077
6, 344
3,355
' 18, 620
11, 322
6,511
3,470
P 19, 077
P 11, 6G8
p 6,733
P 3,600
p 19, 027
p 12,063
p 6, 950
p 3. 761
774
718
382
124
373
7R6
730
405
121
378
781
755
417
121
388
818
784
435
121
404
855
822
454
123
421
9H6
858
464
127
440
1,010
935
500
103)
488J
975
902
491
958
891
492
960
899
502
979
913
518
p 1,011
F 935
p 537
p 1,028
P947
P 552
A1 f\
o
Cash loans, total
do
Commercial banks _ _
_ __
do_
Credit unions _ ._ _ _
do. -Industrial banks
__ do
Industrial-loan companies
do
Insured repair and modernization loans
mil. of dol-_
Small-loan companies
_
do
Miscellaneous lenders
do _
4, 253
1, 836
346
219
167
4,325
1,866
357
225
169
4,399
1, 897
369
230
171
4,461
1,922
379
235
172
4,505
1,936
385
239
172
4, 561
1,944
394
244
173
4, 650
1, 951
402
250
175
4, 662
1,957
404
251
175
4, 671
1,973
4,743
2, 026
421
2,58
176
'4,811
408
254
174
726
827
132
732
843
133
747
851
134
763
855
135
780
858
135
794
875
137
801
929
142
802
931
142
792
928
142
do
do
do-_-
3,274
2,752
975
3,123
2,768
972
3,064
2,799
968
3,123
2,808
973
3,197
2,866
994
3, 454
2,927
993
3, 909
2,9*8
992
3, 506
3, 003
997
Consumer instalment loans made during the month,
by principal lending institutions:
Commercial banks
_
mil. of dol
Crodit unions
do
Industrial banks
__
do
Industrial-loan companies
_ _ _ _ _ _ _ do_
Small-Ioan companies
do
303
68
38
28
140
282
59
35
28
155
294
66
37
29
143
278
65
34
27
128
272
59
34
26
134
269
64
36
28
161
280
09
41
31
232
269
59
37
27
131
Discount rate (N. Y. F. R. Bank)
do___
Federal land bank loans
do
Federal intermediate credit bank loans
do. _
Open market rates. New York City:
Acceptances, prime, bankers', 90 days
do
Commercial paper, prime, 4-6 months .do___
Time loans, 90 davs (N. Y. S. E.)
do
Call loans, renewal (N. Y. S. E)
do
Yield on U. S. Govt. securities:
3-month bills
- do___
3-5 year taxable issues _
__do_ _.
Savings deposits, balance to credit of depositors:
New York State savings banks
mil. of dol__
U. S postal savings
do
1
r
CONSUMER CREDIT
Charge accounts
_
Singlc-pavment loans
Service credit. _ _ _
_ _
_
_
C01
P DOU
202
178
P 4, 935
v 2, 134
p 450
i- 267
p 182
P 5. 113
* 2. 233
f 474
v275
P 188
783
936
143
'785
945
144
p 798
f 959
v 145
P818
p 978
pl47
3,233
3.001
1,008
3,211
3, 009
1,005
3,241
3, 048
1, 006
p 3, 290
p 3 , 114
P 1,014
P 3, 399
p 3, 140
p 1,025
268
61
34
25
126
336
78
43
31
163
307
70
37
28
154
P348
P83
P43
P32
P168
p93
P46
p34
p 175
2, OG6
431
FEDERAL GOVERNMENT FINANCE
Budget receipts and expenditures:
1,993
4,255
3,480
4,885
5,622
2,092
4,928
2,727
3,607
2,061
2,895
4,776
2,917
Receipts, total
mil. of doL1,881
4,191
3, 366
2,972
4,767
4, 832
2,344
4,820
1,946
2,479
1,488
4,404
2,320
Receipts, net
do _
35
34
25
33
35
37
43
28
35
37
38
40
32
Customs
do
2. 545
3,214
2,342
1,721
3,893
1,060
3,819
1,209
1,489
4,429
1,267
1,568
3, 526
Income and profits taxes
do
139
544
65
67
362
93
349
137
65
144
356
295
404
Employment taxes
_do -.
720
645
704
753
722
599
629
653
749
714
704
714
701
Miscellaneous internal revenue
do
186
79
147
240
110
101
124
88
88
69
165
138
146
All other receipts
__
do _ _
4, 656
3,722
3, 323
3,995
3,111
3,434
2,496
3,269
3,127
2, 847
2,962
3,585
4,296
Expenditures, total t
do _ _
2 463
322
544
255
2306
21,008
2161
2 184
1,570
2 636
2 136
21.611
125
Interest on public debt
do
502
489
516
525
494
859
547
502
509
522
588
504
998
Veterans Administration
__
-_
do
r
' 1,024
' 1,002
1,210
' 1, 033 ' 1, 165
' 1 , 056
' 1,095
' 964
' 1, 046
'936
465
1, 051
' 1, 007
National defense and related activities___do
1,350
' 1, 585 ' 1, 774 ' 1, 568 ' 1, 352 ' 1,218
' 1,130
'994
' 1, 190
' 1, 298
' 1,315
1,222
'897
All other expenditures
do
r
l
Revised. P Preliminary.
Series was changed on September 12 to two bond issues (2 percent December 1952-54 and 2^ percent March 1956-58) and on April 1 to 1% percent Treasury
2
notes of March 15, 1954 and I1/' percent Treasury notes of March 15, 1955.
Beginning November 1949, data re presents interest due and payable, previously, interest paid.
cf For bond yields see p. S-19.
tRevised series. Bank rates to customers have been revised to reflect a change in the reporting form; for the series shown here no revisions were made prior to June 1948.
JSee note at bottom of p. S-17 of the May 1950 SURVEY for data on recent revisions. Further revisions have been made beginning with July 1949 by the transfer of certain items formerly
under "national defense and related activities" to "all othei expenditures."
SUEVEY OF CURRENT BUSINESS
August 1950
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
S-17
1950
1949
July
June
August
September
October
November
December
January
257, 130
255 019
221, 123
33 896
2,111
256, 865
254, 869
221,367
33 502
1,997
February
March
April
May
June
256, 368
254, 406
221, 535
32, 871
1,962
255, 724
253. 506
221', 408
32 098
2, 218
225, 718
253 516
221 714
31 802
2,202
256, 350
254, 183
222, 315
31, 868
2,167
257, 357
255, 209
222. 853
32, 356
2,148
FINANCE—Continued
FEDERAL GOVERNMENT FINANCE— Con.
Debt, gross:
Public debt (direct), end of month, total
mil. of doL.
Interest-bearing, total
do __
Public issues ...
_.
__do _ _ _
Special issues
do
Noninterest bearing
do
Obligations guaranteed by U. S. Government,
end of month
mil. of dol
U. S. savings bonds:
Amount outstanding, end of month
do
Sales, series E, F, and O
do
Redemptions
do
252, 770
250, 762
217, 986
32, 776
2,009
253, 877
251, 880
218, 831
33, 049
1,996
255, 852
253 921
220, 563
33 358
1,931
256, 680
254, 756
220, 842
33 914
1,923
256, 778
254 876
221 066
33 810
1 901
256, 982
255 124
221, 295
33 829
1,858
27
Government corporations and credit agencies:
Assets, except interagency, total
mil of dol
Loans receivable total (less reserves)
do
To aid agriculture
__
__ _do
To aid home owners
do
To aid railroads
do
To aid other industries
do
To aid banks
do
To aid other financial institutions
do
Foreign loans
do
All other
do
Commodities, supplies, and materials
do
U S Government securities
do
Other securities
do
Land structures and equipment
do
All other assets
do
26
27
29
28
29
29
27
27
24
22
20
20
56, 333
485
451
56, 522
511
425
56, 602
449
439
56, 663
398
411
56 729
388
396
56 774
383
415
56, 910
495
466
57, 108
707
618
57, 345
581
418
57, 446
524
510
57 534
423
413
57, 576
416
454
57, 629
398
456
22, 232
11, 770
3,847
980
120
364
4
368
6, 108
488
1,140
2,004
3,508
2,946
865
22 594
11 720
3,617
1 123
120
407
4
347
6 090
494
1,596
2 069
3,501
2 933
775
23 733
12 733
4,362
1,251
114
462
4
442
6 090
484
1,549
2 047
3,492
2 962
950
24, 360
13 350
4,851
1,324
113
496
3
328
6 101
492
1, 567
2 221
3,488
2 932
801
Liabilities, except interagency, total
Bonds, notes, and debentures:
Guaranteed by the United States
Other
Other liabilities
do
2,377
1,957
2,520
2,801
do
do
do
26
865
1,487
28
856
1,074
28
772
1,720
21
708
2,072
Privately owned interest
U S Government interest
do
do
172
19, 682
177
20, 460
183
21 030
190
21 368
Reconstruction Finance Corporation, loans and
securities (at cost) outstanding, end of month,
total
.
mil. of dol
Industrial and commercial enterprises, including
national defense
mil. of dol
Financial institutions
do
Railroads
_
do __
States, territories, and political subdivisions-do
United Kingdom and Republic of the Philippines
mil. of dol__
Mortgages purchased
do
Other loans
do
1,458
1,522
1, 603
1,670
1, 737
1,825
1,874
1,951
1,998
2 043
2,070
2, 105
2, 08.^
384
123
117
30
399
122
117
30
416
123
117
30
434
122
117
30
443
121
117
30
472
118
117
29
481
114
112
29
500
114
111
29
507
113
11C
27
516
112
110
524
112
111
25
542
110
111
25
518
110
110
25
174
592
37
173
643
37
176
703
38
167
762
37
165
824
37
161
891
37
149
951
37
147
1,012
37
145
1, 060
37
139
1,102
37
137
1,125
37
133
1,147
37
12S
1,156
37
57, 233
51, 921
57, 503
52, 251
57, 768
52, 390
58, 082
52, 640
58, 407
52, 903
58, 699
53, 171
59, 280
53, 652
59 781
53, 911
60, 080
54, 252
60 382
54, 592
60 660
54, 839
60, 973
55, 034
61. 307
55,311
51, 143
36, 809
16, 379
14. 337
8,977
2, 865
r
8, 589
676
r
9, 712
915
8,797
1, 866
1, 028
1,052
51, 364
36, 951
16, 149
14, 106
9, 090
2,861
8,851
650
9,828
928
8,900
1,878
1,042
1,015
51, 589
36, 911
16, 016
13. 974
9,134
2, 855
8,906
703
9,971
938
9,033
1,892
1,045
1,066
51, 858
36. 984
15, 987
13, 883
9, 153
2, 850
8,989
692
10, 117
948
9,170
1,904
1, 059
1,101
52,134
37, 064
15.905
13 781
9 196
2 857
9 106
724
10 234
958
9 276
1 915
1,077
1 120
52, 389
37, 162
15,797
13, 682
9 261
2, 859
9 244
697
10 388
966
9 422
1, 925
1, 090
1 127
52, 879
37, 397
15, 921
13 779
9 314
2 864
9 298
706
10 569
978
9 591
1 934
1, 102
1 171
53, 184
37,411
15, 881
13 743
9 3?0
2 866
9 345
852
10 691
987
9 704
1 943
1,113
1 173
53. 445
37, 588
15, 853
13, 716
9 473
2 877
9 386
704
10 831
1, 006
9 894
1 952
1, 124
1 246
53, 697
37, 687
15, 834
13 684
9 503
2 878
9 472
6«7
11 016
1 020
9 996
1 903
1, 134
1 210
53, 936
37, 716
15, 790
13, 640
9 551
2 906
9 468
689
11 181
1 036
10 144
1 972
1 144
1 234
54, 196
37, 674
15, 598
13, 453
9 638
2 914
9 524
719
11 379
1 054
10 325
1 983
1, 159
1 283
54,476
37. 679
15.383
13 256
9 7^0
2 949
9 607
794
11 61 1
1 071
10 540
1 994
1, 170
1 22°
1,778
250
381
1,147
69
249
243
116
132
50
108
42
138
1,718
249
384
1,085
67
234
231
112
123
49
101
38
128
1, 861
267
416
1 178
77
277
251
111
137
53
99
40
134
1, 901
308
395
1 198
83
278
256
113
140
52
102
41
133
2,195
504
360
1 331
86
289
280
133
156
58
117
59
160
1,745
212
402
1 131
85
293
239
104
124
44
95
35
111
2,335
706
433
1 196
294
253
111
136
48
105
40
127
2,413
443
490
1 480
96
359
307
138
166
65
135
48
165
2,171
382
445
1,344
88
317
277
121
159
60
120
48
154
2, 273
341
471
1 453
98
336
293
129
179
61
132
53
172
2 280
431
431
1 418
96
394
292
12S
168
60
134
50
165
286, 065
130 188
35, 505
7,912
18,739
43, 828
49. 893
276, 238
115, 711
36, 027
7, 641
19, 856
47, 329
49. 674
276, 422
121 365
38 565
8, 136
20, 078
39 729
48. 549
276 654
120 828
38 559
7, 867
19, 689
38 638
51. 073
339, 057
132 673
37 933
8 534
17 097
83 640
59. 180
327 079
132 259
46 643
8 969
25 323
60 422
53. 463
288 708
124 549
38 750
7 goo
19 434
47 168
51 '.007
358 738
152 034
48 070
8 354
21 704
65 460
63' 1 1 6
9% 802
128 731
40 216
7 884
19 888
461 463
52 620
LIFE INSURANCE
Assets, admitted:
All companies (Institute of Life Insurance), estimated total
mil. of dol
Securities and mortgages. .._
do
49 companies (Life Insurance Association of
America), total t - - _ - - --- rail. ofdoL.
Bonds and stocks, book value, total
do
Govt. (domestic and foreign) total
do
U. S. Government _
do
Public utility
do
Railroad _ _ _ _ _
do
Other
do
Cash _
__
do
Mortgage loans, total
do
Farm__ _ _ _
__
do
Other
do
Policy loans and premium notes
do
r
Real-estate holdings
_do
Other admitted assets
do
Life Insurance Agency Management Association:
Insurance written (new paid-for-insurance) :
1,657
1,890
Value, estimated total
mil. of dol.
242
179
Group
__
do
356
396
Industrial
do
1,122
1,252
Ordinary, total
do
73
81
New England _ _
_
do
263
289
Middle Atlantic
do
235
263
East North Central
do...
113
127
West North Central . _ _ _ _ _ d o
124
135
South Atlantic^
do
46
52
East South Central
do___
99
114
West South Central.
do
40
Mountain _
do
45
130
Pacific.
__ _
do
145
Institute of Life Insurance:
Payments to policyholders and beneficiaries,
267, 451
304, 428
estimated total
thous. of dol
124,888
115,810
Death claim payments
do
42, 636
34, 227
Matured endowments
do
7, 475
8.347
Disability payments
_ _ ...
do. .
20, 868
19, 970
Annuity payments..
_ .
do _ _ _
56, 118
42, 990
Policy dividends
do
51, 571
46, 979
Surrender values . .
. _ __do_ __
r
Revised.
JSee corresponding note on p. S-17 of the March 1950 SURVEY.
313
VM
41
8
21
45
640
941
298
440
466
139
.59 a.™
330 149
I'J'J
Q7'J
48 1 17
8 583
21 568
57 664
fin' 944
SURVEY OF CURRENT BUSINESS
S-18
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
August 1051"
1949
June
July
August
1950
September
October
November
December
February
January
March
April
May
June
420, 371
33, 123
51, 566
31, 553
58, 570
245, 559
474.305
539, 208
FINANCE—Continued
LIFE INSURANCE— Continued
Life Insurance Association of America:
Premium collections (39 cos.), total. thous. of dol. . r499, 255
33, 054
\ccidcnt and health
do
63, 102
\nnuities
do
r 34, 591
Group
_ _ _ _ _ do
75, 018
Industrial
do
293, 490
Ordinary
do_
372, 943
28,171
14. 316
30, 362
60,330
239, 764
434, 472
32, 927
50, 965
37, 535
65, 659
247, 386
465, 995
29, 964
52. 865
30, 485
75,341
277, 340
414, 068
31, 116
53, 964
32, 973
63, 054
232, 961
435, 499
31, 627
51, 973
31, 606
61, 410
258, 883
653, 742
42, 178
115, 207
40. 929
108,014
346, 914
483, 248
32, 284
79, 118
51. 213
72, 425
248, 208
469, 517
32, 145
64, 435
34, 444
66, 613
271,880
558,510
39, 696
67, 701
42, 886
79, 324
328, 903
39 X l >3
52, 132
38,311
70 648
273. 391
38 r>^4
72 477
39, 351
75 920
313 576
!
MONETARY STATISTICS
Gold and silver:
Gold:
24, 466
Monetary stock IT S
mil. of dol
Net release from earmark§_
thous. of dol__ 121. 632
o. 483
Gold exports
do
12, 389
Gold imports
_ do
64,823
Production, reported monthly total J
do.. .
39, 307
\frica
do
12,015
Canada
_
_ _ .
do __
5,529
United Statesi
do._
Silver:
1,818
Exports
do
10, 237
Imports
__
_ __
. _ - do
.715
Price at New York
dol. per fine oz _
Production:
2,198
Canadad"1
thous. of fine oz
4, 300
Mexico
_
_
do.
2,676
United States
do..
Money supply:
Currency in circulation
mil. of dol . 27, 493
Deposits, adjusted, all banks, and currency outside banks, totalQ
mil. of doL_ 167,930
25, 266
Currency outside banks
__ . . _ ._ do_ _
Deposits, adjusted, total, including U. S. de142, 664
positsQ
mil. of dol
81,877
Demand deposits, adjusted, excl. U. S _ _ d o
58, 483
Time deposits, incl. postal savings
do
Turn-over of demand deposits, except interbank and
U. S. Government, annual rate:
29.8
New York City
ratio of debits to deposits
18.7
Other leading cities
do-_ _.
24, 520
24. 608
24. 602
-19.936 -208, 540 -154,799
6, 890
11,563
15,857
137,986
268, 936
114,002
63, 102
66, 224
65, 400
39, 966
40, 380
39. 366
11.421
12, 569
12. 735
5,728
6,505
6, 239
24, 584
-89,117
2,397
58, 527
65, 422
39, 012
12, 804
7,306
24, 479
-63, 939
2, 90S
10, 629
66, 140
38, 509
12, 659
7,385
24, 427
— 59,399
10. Ill
8,697
63, 653
38, 492
13, 058
6, 609
24, 395
-93, 162
184
46, 201
24 345
-50,411
4, 119
4, 350
24 246
— 95,432
4, 338
2,706
24 247
-59,175
2,130
55,419
38, 780
12,399
5, 869
36, 456
12, 247
5,506
39, 661
13, 417
6,084
37, 615
12, 941
6.717
47
8, 065
. 733
30
4,355
.733
110
6,317
.731
62
70
3,412
8, 253
1 ^19
6 126
7^8
24 °31
-29, S73
1 553
14. 028
13, 082
6 819
r
P 24 931
-17.627
2 246
12 274
6 64 s )
11,910
6,824
.715
2,090
6.056
.719
160
5, 628
.732
86
7,508
.733
6, 370
.733
680
4,060
.733
718
726
1,735
3,500
2,349
1,196
4,600
2,909
1,144
4,700
2,167
1,894
4, 000
2,884
1,504
3,800
3,101
1,718
4,800
3, 193
1,196
3,700
2,965
1, 385
4,100
2,496
1,768
3,800
3, 721
1,454
3, 100
4 224
3 800
3 890
2 069
27, 394
27, 393
27. 412
27, 407
27, 543
27, 600
20, 941
27, 068
27, 042
27 048
27 OQO
P 27 1 54
167, 900
24, 900
170,000
25, 100
170, 100
24. 900
171,200
24, 900
171.300
25, 100
173, 030
25, 415
143, 000
83, 100
58, 400
144, 900
83, 400
58, 400
145, 200
83, 100
58, 400
146, 300
84, 300
58, 400
146 200
85, 000
58, 000
147,615 p 148, 400 •p 147,700 p 146 900 P 147 9QO
85, 750 T 86, 400 r> 84, 500 v 83, 300 p 84, 500
58, 616 v 58, 700 p 59,000 P 59, 300 p 59 500
28.7
18.5
25.5
17.1
28.0
18.6
27.3
18.5
27.2
19.1
32.5
20.0
v 172, 900 P 172,400 p 171, 500
v 24, 500 p 24, 700 p 24, 600
28.6
18.9
29.3
18.9
29.4
19.3
P 171. 800 P 172, 700 P 173, 500
p 24, 600 p 24 700
P 24 600
P 148 000 P 148 900
p So, 300
P 85. 400
P 5Q 700
p 59 500
29.7
19.4
29.7
19 2
30.7
20 9
1 061
1 285
771
770
427
39
304
1
290
907
31
14
954
949
PROFITS AND DIVIDENDS (QUARTERLY)
Manufacturing corporations (Federal Reserve):*
Profits after taxes, total (200 cos ) 9 _ mil. of dol__
Durable goods total (106 cos ) 9
do
Primary metals and products (39 cos ) 9 do. ._
Machinery (27 cos ) 9
do
Automobiles and equipment (15 cos )9do
Nondurable goods total (94 cos ) 9
do
Food and kindred products (28 cos ) do
Chemicals and allied products (26 cos ) 9 do
Petroleum refining (14 cos )
- do
Dividends total (200 cos )
do
Durable goods (106 cos )
. do
Nondurable goods (94 cos ) 9
do
Electric utilities, profits after taxes (Fed. Res.) 9
mil of dol
Railways and telephone cos. (see p. S-23).
726
470
144
77
218
256
54
83
92
354
188
166
799
508
130
75
267
292
63
105
86
331
184
147
766
424
100
91
200
342
64
115
109
629
380
249
P 852
v 529
f 175
180
173
195
_>230
T
86
*234
J» 323
p 51
f 122
p 91
P 387
v 220
v 166
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
. _ _.
do ...
Domestic total
do
Corporate
do
Federal agencies
_
do
Municipal, State, etc
-do
Securities and Exchange Commission: J
Estimated gross proceeds, total
By type of security:
Bonds and notes, total
Corporate
Common stock, _ . _
Preferred stock
By type of issuer:
Corporate, total
Manufacturing*. _
Public utility f
.
Railroad
Communication*.. _
_ _
Real estate and
financial
Noncorporate, total
U. S. Government
State and municipal
§0r increase in earmarked gold ( — ) .
' 1, 649
r
1, 555
T
1, 540
r
1, 201
24
315
15
94
94
31
62
1
765
685
441
432
9
0
244
79
78
22
56
0
617
309
291
117
0
174
18
308
204
8
195
1
707
519
510
127
69
314
10
188
188
38
146
4
823
675
639
405
0
234
36
148
148
91
53
4
489
379
379
150
0
229
731
513
513
315
0
198
1,185
817
817
553
30
233
109
109
35
52
22
218
218
105
56
57
o
o
1,060
369
269
108
159
1
809
711
708
146
13
550
3
98
83
20
57
6
769
750
365
21
363
19
292
229
168
58
3
700
540
520
397
93
170
20
160
160
89
65
Q
o
CQO
18
334
330
97fi
35
20
do
2.701
2.385
2,105
1,700
1,633
1 293
1 842
2 098
1 631
1 866
r i 300
1 f)78
9 '311
do
do
do
do
2.570
1. 154
74
57
2.326
474
46
13
2,036
152
46
22
1.639
1,528
1 212
251
44
36
1 684
416
122
36
1 984
500
44
70
1 571
200
47
13
1 772
r \ 103
r 293
r 1 ^f)
2 ar;r
r 13Q
-c
do
do
do
do
do
do
do
do^
do
1.286
170
530
45
388
91
1.415
533
204
118
51
27
40
220
45
97
272
26
94
16
4
59
413
84
196
41
13
11
1 220
574
64
305
31
4
85
1 268
1 Oil
9.tt
614
32
212
94
206
20
1 484
1 118
259
64
118
13
(i\
24
1 371
810
t^dfi
547
50
210
108
18
139
1 428
332
36
136
10
17
92
901
707
1 . 099
1.852
1.606
9Q
12
6
1 884
1. 608
175
210
35
27
894
318
308
61
44
978
238
316
245
251
, .
J Revisions for January-May 1948 for United States and total gold production a
92 K
452
64
30
1 320
88')
1 (\t\
T
61
r
T
^qn
r 3(]
r
2'39
1 ftQ
"317
r 3]^
23
S7
810
1
T
r (J34
1 7A
r
r -:>o
r
1 9Q
i >i n
i:iS9
•M n
o'-r
Revisions for 1948d quarterly data for
ion request.
lities for 1946-48 are
SURVEY OF CURRENT BUSINESS
August 1 5
9 0
S-19
1949
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
June
1
July
j August
September
19 50
October
November
December
January
February
March
April
May
1
June
FINANCE—Continued
SECURITIES ISSUED—Continued
Securities and Exchange Commission:}:— Continued
New corporate security issues:
1.271
Estimated net proceeds, total
mil. of dol__
Proposed uses of proceeds:
1.0S7
New monev, total _
.. do, _
971
Plant and equipment
do
116
Working capital
_
do
175
Retirement of debt and stock, totaL.do
54
Funded debt
do
117
Other debt
do
4
Preferred stock
do
10
Other purposes
do
Proposed uses by major groups:
166
Manufacturing, total*
do
77
New money
do
89
Retirement of debt arid stock
do
523
Public utility, totalf
do
464
New money
do
53
Retirement of debt and stock
do
45
Railroad, total
do
45
New money
_.. _
._
do__ _
0
Retirement of debt and stock
do
386
Communication, total*
do
386
New money
do
]
Retirement of debt and stock
do
91
Real estate and financial, total
do
67
New money _ .
_ _
do
23
Retirement of debt and stock _ _ _do _..
State and municipal issues (Bond Buyer):
Long-term
thous. of dol _ . 324, 825
120, 040
Short-term
do
526
215
268
407
327
565
605
255
538
' 480
461
427
35
55
18
36
1
9
164
133
31
46
17
29
1
163
109
54
61
19
22
20
43
260
214
46
98
58
37
3
49
270
159
111
41
17
24
0
16
331
9
23
108
151
111
37
2
83
453
405
48
104
39
53
12
48
190
130
60
46
30
13
3
18
371
242
129
150
138
11
1
17
' 344
202
175
26
115
111
4
51
51
0
26
24
3
39
10
22
44
22
19
94
90
4
20
13
7
11
1
10
6
6
0
26
20
6
91
58
28
16
16
0
4
2
2
58
23
0
83
41
19
193
102
67
41
41
0
13
11
36
24
8
133
109
15
10
10
49
38
11
206
130
67
107
85
22
18
18
0
132
75
50
'34
'24
11
6
5
31
27
3
208
148
30
93
27
66
205
202
2
20
6
0)
63
47
14
116
84
32
13
13
0
16
14
2
92
90
0
63
49
10
299
136
102
31
27
4
4
4
(i)
85
70
6
244, 173
67, 450
218, 662
196, 516
332, 957
105, 586
230, 822
46, 514
265, 519
119,155
255. 707
126 144
248, 176
178, 972
568, 839
167, 048
361. 726
100, 279
184,192
114,088
' 355. 150
' 119, 129
351, 965
77, 615
199
660
216
420
153
371
128
244
237
294
198
284
154
237
103
230
140
364
142
342
190
387
154
370
690
530
399
699
548
404
740
580
418
783
586
416
813
596
445
306
881
633
523
901
669
493
953
669
522
1,018
666
579
1,084
678
619
1,175
657
750
314
1,256
673
827
0)
o
(0
(1)
0)
0
23
11
r
295
49
T
' 120
r
36
' 76
14
r
9
r
r
234
189
'44
'31
' 27
4
23
22
1
'86
' 22
61
'658
1, 055
' 306
r
212
'94
'341
' 164
' 137
40
11
625
451
174
381
311
65
' 185
' 80
' 103
'312
' 111
199
' 69
'39
30
' 13
' 13
0
'31
169
109
52
.560
370
175
74
15
40
64
3
60
127
92
35
' 1
49
COMMODITY MARKETS
Volume of trading in grain futures:
Corn
Wheat
mil of bu
do
169
552
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
Bonds
mil of dol
do
do _
do
280
681
528
493
Prices:
Average price of all listed bonds (N. Y. S. E.),
101.82
100.98
101.40
101. 80
101.95
101. 53
101.81
100. 94
102. 11
101.43
102. 00
102. 43
101. 78
total §
.._
dollars
102. 28
102. 27
101.45
101.86
102. 27
102. 38
102. 56
101. 94
102. 20
101. 37
102. 45
102. 89
101.84
T)omestic
do
72.07
71.40
71.82
71.77
75.81
74.80
73.92
72.48
74.46
75.48
72.92
73.70
75.89
Foreign . _
_.
_ __do
Standard and Poor's Corporation:
Industrial, utility, and railroad (A1+ issues):
121.7
120.2
122.1
120.9
122.5
122. 0
121.9
122.7
122.2
122.7
122.1
122. 5
122.7
Composite (17 bonds)*
dol. per $100 bond.129.1
127.5
131. 2
128.6
127.9
131.7
131. 0
128.8
131.5
130.3
131.5
129.6
131.3
Domestic municipal (15 bonds)
do
103. 63
103. 86
101. 72
103. 29
102. 87
102. 42
103. 62
103. 90
103. 24
104. 22
104. 36
104. 16
102.73
U. S. Treasury bonds, taxable
- - _ . do. _
Sales:
Total, excluding U. S. Government bonds:
All registered exchanges:
49,004
60, 737
72, 615
47, 468
67, 512
77, 916
51, 480
100, 444
88, 494
84, 941
64, 646
84,642 107, 958
Market value
thous. of dol__
78, 549
59, 560
87,224
84, 939
67, 171
97, 114
68, 959
113, 114
111, 120
116,471
84, 467
144, 088
96, 720
Face value.
_ _ ._ _ . _ do
New York Stock Exchange:
57, 108
69,941
44, 469
46, 165
63, 443
75, 161
47, 938
84, 757
97, 466
80, 274
60, 157
103, 400
82, 036
Market value.
_ _ d o _ ._
73, 916
55, 721
84, 074
63, 433
64, 706
78, 760
93, 378
79, 064
105, 909
109, 088
111,305
138, 310
92, 926
Face value
do
New York Stock Exchange, exclusive of stopped
64, 021
66, 223
55, 413
63, 934
64, 257
68, 487
85, 117
74, 692
99, 080
98, 704
105, 474
119, 727
82, 347
sales, face value, total §
thous. of dol__
31
52
'29
61
12
72
24
1
22
25
0
14
10
U. S. Government
_ _
do_
63,990
66, 171
55, 352
* 64, 228
63, 922
85, 093
68, 415
74, 692
98. 703
105, 464
99, 058
119,702
82,333
Other than U. S. Government, total§
do
58, 779
59, 388
47, 169
56, 494
58, 133
59, 215
76, 453
91,063 108, 323
97, 132
67, 065
87, 246
75, 038
Domestic
do
6,769
5,166
8,166
' 6, 036
7,412
9,161
8,616
8,262
7,938
11, 420
7,261
7,598
11, 280
Foreign. _
._
do
Value, issues listed on N. Y. S. E.:
133,643 : 132, 210
132, 813
132,221
131, 686
127, 777
125, 497
132, 445
128, 464
128, 021
125,846
124, 633
125, 353
Market value, total, all issuesd"
mil. of dol. _
131,956
131,124
130, 535
130, 000
130, 509
126, 054
123. 766
126, 755
130, 726
126, 290
124, 116
123, 633
122, 957
Domestic
do
1,432
1,436
1,422
1,432
1, 458
1,469
1,477
1,421
1,463
1, 452
1,475
1,476
Foreign
do
1,466
131, 254
130, 975
129,874 129,870
130, 402
129, 854
125, 332
125, 373
123, 645
123,610 123, 581
125,410
Face value, total, all issueso*
__do
123, 471
128, 724
129, 017
127, 644
128, 146
127, 608
121,411 121,400
123,119
123, 190
123, 142
127, 597
121,440
121, 298
Domestic
- _
do
1,988
2,001
1,981
2,012
2,006
1, 963
1,949
1,970
2,007
1,955
1,981
Foreign
do
1, 923
1 931
Yields:
2.92
2.98
2.90
3.00
2.90
2.89
2.83
2.84
2.84
2.86
Domestic corporate (Moody's)
percent- 2.87
2.83
2.86
By ratings:
2.62
2.67
2.60
2.61
2.71
2.58
2.60
2.58
2.60
2 62
\ aa
do
2.58
2 61
2 57
2.75
2.71
2.69
2.78
2.70
2 67
2.68
\a
do
2 65
2 66
2 66
2 69
2 65
2 69
2.96
3.03
2.95
2.94
3.04
2.93
2.89
A . --_
_
do
2.86
2.86
2.86
2 85
2 88
2 90
3.46
3.40
3.37
3.36
3.47
3.35
3.31
Baa _ do_3.24
3.24
3.23
3.24
3.25
3.28
By groups:
2.75
2.70
2.78
2.68
2.68
2 65
2.67
Industrial
do
2 63
2 64
2 64
2 63
2 65
2 66
2.86
2.89
2.84
2.93
2.83
2.79
2 79
2.81
Public utility
do
2 78
2 78
2 79
2 81
2 81
3.29
3.29
3.21
3.19
3.20
3.14
3.20
Railroad _
do
3.08
3.08
3.08
3 15
3.07
3 12
Domestic municipal:
2.12
2.13
2.16
2.13
2.20
Bond Btiver (20 cities)
_
__ do
2.11
2.08
2.02
2 01
2 03
2.05
1 99
2 00
2.26
2.22
2.20
2.21
2.28
2.13
2.17
Standard and Poor's Corp. (15 bonds)
do
2.06
2.08
2.07
2.08
2.07
2.09
2.24
2.22
2.27
2.22
2.38
2.19
U. S. Treasurv bonds, taxable
do. __
2.20
2.20
2.24
2.27
2.30
2.31
2. 33
l
* Revised.
Less than $500,000.
^Revisions for 1948-April 1949 are available upon request.
*New series. For S. E. C. data, see corresponding note on p. S-18. Bond prices are averages of weekly data for high-grade
corporate issues; monthly data beginning 1900 are available upon request.
fRevised series. See corresponding note on p.. S-18.
§Sales figures include bonds of the International Bank for Reconstruction and Development not shown separately; these bonds are included also in computing average price of all listed
bonds.
cTTotal includes bonds of the International Bank for Reconstruction and Development not shown separately.
SURVEY OF CURRENT BUSINESS
S-20
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
August 1950
1949
June
July
August
September
1950
October
November
December
January
February
March
April
May
June
FINANCE—Continued
SECURITY MARKETS—Continued
Stocks
Cash dividend payments publicly reported:
Total dividend payments
mil. of dol _
Finance
_ _
do
Manufacturing
do
Mining
do
Public utilities:
C ommun ications
do
Heat light, and power
do
Railroad
do
Trade
do
Miscellaneous
do
Dividend rates, prices, yields, and earnings, 200
common stocks (Moody's) :
Dividends per share, annual rate (200 stocks)
dollars,.
Industrial (125 stocks)
do
Public utility (24 stocks) t
do
Railroad (25 stocks)
._ - __do
Bank (15 stocks)
do
Insurance (10 stocks)
do
Price per share, end of month (200 stocks)__do
Industrial (125 stocks)
do
Public utility (24 stocks) f
do
Railroad (25 stocks) _ _ .
do
Yield (200 stocks)
percent
Industrial (125 stocks)
do
Public utility (24 stocks)t
do
Railroad (25 stocks)
do
Bank (15 stocks)
do
Insurance (10 stocks)
__ _
do
Earnings per share (at annual rate), quarterly:
Industrial (12s) stocks)
dollars
Public utilitv (24 stocks) t
do
Railroad (25 stocks)
do
Dividend yields, preferred stocks, high-grade, 11
stocks (Standard and Poor's Corp.) _ .percent- Prices:
Average price of all listed shares (N. Y. S. E.)
Dec 31 1924—100
Dow-Jones & Co., Inc. (65 stocks) dol. per share. _
Industrial (30 stocks)
do
Public utilitv (15 stocks)
do
Railroad (20 stocks)
do
Standard and Poor's Corporation:
Industrial, public utility, and railroad :§
Combined index (416 stocks) __ .1935-39=100.Industrial total (365 stocks)
do
Capital goods (121 stocks)
do
Consumers' goods (182 stocks) _ do
Public utilitv (31 stocks)
do
Railroad (20 stocks)
do
Banks, N. Y. C. (19 stocks)
do
Fire and marine insurance (18 stocks)
do
Sales (Securities and Exchange Commission):
Market value
mil. of dol
Shares sold
- - _ thousands
On New York Stock Exchange:
Market 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
809.8
68.3
491.9
68.5
491.1
101.8
225. 6
5.1
191.6
37.0
94.3
1. 5
721.1
43.7
448.6
61. 3
465.8
71.7
207.4
6.4
189.6
27.8
103. 1
1.4
1,482.1
135. 3
1,015.5
95.4
530. 2
103.3
232 1
4.6
213.2
37.1
103.2
1.5
818.4
54.6
509 9
69 5
483
78
216
5
2
4
0
6
25.3
50.7
39. 2
44.9
21.0
58.5
44.0
13. 5
33.6
9.0
.4
41.2
5.9
8.6
2.7
25.5
47.7
27. 5
46.7
20. 1
58.4
57.7
15 5
40 5
8.2
.4
41.9
36
7 9
3.5
29.6
59.1
51 2
62. 5
33.5
60.7
46.3
11 7
58.4
13.1
.5
40.6
11 4
16.7
2.2
28.0
52 6
34 3
48 1
21.4
63
49
19
41
0
3
4
8
3.05
3.14
1.67
2.46
2.33
2.03
3.04
3.12
1.67
2.46
2.33
2.03
3.03
3.10
1.66
2.46
2. 33
2.03
3.01
3.08
1.68
2.45
2.33
2.10
3.01
3.09
1.68
2.36
2.37
2.11
3.26
3 42
1 68
2.30
2 39
2.11
3.27
3.44
1.68
2.24
2.47
2.34
3.26
3.42
1.69
2.25
2.47
2.40
3.27
3.43
1.70
2.16
2 47
2.40
3.27
3 44
1.70
2. 11
2.47
2.40
43.58
43.48
27.02
26.52
45. 76
46. 01
28.03
27.43
46.64
46. 91
28.76
27.52
47.72
48. 18
29. 58
28.30
49.25
49.94
29. 82
28.26
49.27
49 89
29.81
28.37
51.39
52.28
30. 57
30.42
51.94
52. 58
31.60
31.70
52.38
52.88
31.91
31. 52
7.00
7.22
6.18
9.28
4.76
3.52
6.64
6.78
5.96
8.97
4.70
3.35
6.50
6.61
5.77
8.94
4.51
3.26
6.31
6.39
5.68
8. 66
4.52
3.21
6.11
6.19
5.63
8.35
4.41
3.10
6 62
6.86
5. 64
8.11
4.61
3.00
6.36
6.58
5.50
7.36
4.54
3.18
6.28
6.50
5. 35
7.10
4.55
3.37
6 24
6.49
5. 33
6. 85
4.32
3. 28
6 00
2 28
4.04
7 05
2 36
5.47
6 75
2 37
3.45
210
31
120
3
6
3
1
0
892 1
73. 5
549 5
64 6
42
3
7
3
5
0
0
6
0
30. 5
60 5
42 4
48 4
22.7
3.29
3 47
1 71
2 11
2 47
2 41
3.32
3 51
1 74
2 04
2 47
2 41
3.34
3 53
1 74
2.04
2 48
2.41
53.07
53. 76
32. 08
31.30
55. 05
56 17
32 47
31 38
57.32
58 79
33 51
31 64
54.09
55 56
31.07
29.49
6.16
6.40
5.30
6.74
4.42
3. 30
5 98
6.18
5.27
6 72
4.38
3.44
5
5
5
6
4
3
79
97
19
45
26
29
6 17
6.35
5.60
6.92
4.54
3.41
9 7
v(] 60
•p 9 ."2
P 1 . 37
3.98
3.97
3.90
3.85
3.88
3.89
3.88
3.83
3.84
3.81
3.82
3.82
3.85
67 0
59. 25
165. 59
34.31
42.89
70.1
61 . 61
173. 34
35. 31
44.31
71.3
63. 79
179. 24
36. 54
46.14
73.1
64. 68
180. 93
37. 65
46.65
75.9
66. 66
186.47
38.25
48.68
76 2
67.98
191.61
39.22
48.46
79 1
70. 35
196. 78
40.55
51.21
72. 53
199. 79
41.52
54. 68
73. 64
203. 46
42. 62
55. 16
74. 52
206. 30
43. 16
55. 48
75. 86
212. 67
42. 86
55.72
77. 68
219 36
43. 61
56 36
77.37
221 . 02
43.04
54.96
112.0
117.0
104.3
116. 7
93.0
88.4
91.0
134.5
117.8
123.8
110.5
123. 9
95.4
90.6
92.5
138.1
121.8
128.0
114.5
127.4
98. o
94.2
95. 5
144.9
123. 8
130. 3
116.0
129/2
100. 0
95. 1
96.8
149.0
127.3
134. 4
119.7
133. 0
101.2
97.6
99.5
157.2
129.1
136. 5
123. 8
135. 2
102 6
96 2
99.3
160. 1
132. 7
140.3
128.6
140.2
104.1
101.0
99.6
168.1
135. 1
142.6
132. 1
143. 4
105. 8
107.8
101.8
168.5
136. 7
144.4
134. 5
145. 3
107. 4
107.2
104.2
169. 0
138. 8
146. 5
136. 3
146. 5
109.6
108.5
107.7
170.6
141.8
150. 0
141.4
148.7
111.0
109. 5
104. 5
166.7
146. 9
156.1
148. 9
152. 4
112.8
109.7
107. 9
166. 4
147.7
157.6
149.7
154. 6
111. 5
107.1
108.5
171.0
705
39, 437
626
37, 950
807
39, 057
871
40, 457
1,083
51,455
1,222
55, 245
1,480
68, 535
1, 663
73, 807
1, 374
59. 210
1,690
67, 872
1,807
86, 339
1. 866
81,089
1,949
73, 396
587
28, 776
526
29, 139
672
28, 977
729
29, 937
906
38, 474
1,035
40, 464
1,252
52, 028
1,409
56, 037
1. 164
45, 078
1,422
54, 725
1.532
64, 018
1,605
62, 181
1,680
57, 257
17, 767
18, 752
21,785
23, 837
28, 891
27, 244
39, 293
42, 576
33, 406
40. 411
48, 245
41.604
45, 647
63, 921
2,140
67, 279
2,150
68. 668
2, 154
70, 700
2, 162
72, 631
2,145
73, 175
2,152
76, 292
2. 166
77, 940
2, 181
78, 639
2,184
79, 483
2,204
82, 415
2,213
85. 625
9 225
80, 652
2,236
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES
BALANCE OF PAYMENTS (QUARTERLY)
Goods and services:
Receipts total
For goods exported
do
do
do
do
do
4,442
3,455
351
636
2,418
1,761
71
586
3 685
2,770
315
600
2, 346
1, 593
68
685
3 506
2, 664
359
483
2 401
1,830
92
479
3 190
2,424
284
482
2 537
1, 968
82
487
Unilateral transfers (net) total
Private
Government
do
do
do
— 1, 683
-126
— 1, 557
— 1,403
— 112
— 1, 291
— 1,212
-138
— 1 074
— 1 120
— 112
— 1 008
Long-term capital movements (net), total
Private
Government
do
do
do
-328
-222
—106
-57
-23
-34
-170
—135
—35
-179
— 107
—72
-293
-412
+119
— 375
-269
-106
+336
+37S
+458
+326
+132
mil of dol
do
For other services rendered
Payments total
For goods imported
For foreign, investments in U S
For other services received
Gold and short-term capital movements (net), total
mil. of dol.
Gold and foreign short-term capital in U. S. do
U. S. capital abroad _
do
Errors a n d omissions _ _ _ _ _ _ _ _ _
do
+280
+496
-59
+188
r
p Preliminary.
Revised.
tRevised series. Data for American Telephone and Telegraph stock (included in figures for 200 stocks) are excluded. Monthly data for 1929-48 are available upon request.
.Number of stocks represents number currently used; the change in the number does not affect the continuity of the series.
SURVEY OF CURRENT BUSINESS
August 1 5
90
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
S-21
1949
June
July
August
19 50
September
October
November
December
January
February
March
April
May
June
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES—Continued
FOREIGN TRADE*
Indexes
Exports of U. S. merchandise:
Quantity
Value
Unit value
Imports for consumption:
Quantity
Value
Unit value
.Agricultural products, quantity:
Exports, domestic, total:
Unadjusted
Adjusted
Total, excluding cotton:
Unadjusted
_
Adjusted
Imports for consumption:
Unadjusted
Adjusted
. 1923-25 = 100 ._
do
do _
233
294
126
194
239
123
191
234
123
196
241
123
189
227
120
186
223
120
208
251
121
164
197
120
172
204
119
194
230
119
182
214
118
188
218
116
do
do _.
do
134
166
124
117
144
123
132
161
122
135
166
123
144
176
123
154
186
121
153
187
122
158
195
123
148
185
125
164
206
126
141
179
127
162
20o
127
1924-29 = 100 _.
do
115
159
84
118
91
104
93
77
99
72
99
77
116
93
89
85
98
113
103
116
'98
124
89
122
do
do
154
181
133
164
154
155
152
124
136
106
133
117
136
122
100
104
103
124
110
125
126
150
102
120
do
_ _ do
97
104
91
100
97
105
102
107
98
99
114
120
111
108
' 112
105
' 109
114
101
104
98
103
105
7,945
5,829
4,907
5,750
5,459
5,975
4,553
6,247
3,083
3,705
6,298
3, 012
7, 196
4,458
6,058
-
105
Shipping Weight
Water-borne trade:
Exports, including reexports thous. of lonsr tons_.
General imports
do
6,271
3,815
2,628
6,654
2,676
5,289
p
T
6,416
Value
1,104
Exports, including reexports, total
mil. of dol._
By geographic regions:
76. 554
Africa
thous. of dol__
Asia and Oceania
_..
_ do .. 212, 065
392, 153
Europe
. ___
... do
185,614
Northern North America
.
do
Southern North America
. do .. 104, 961
132, 584
South America
do
'Total exports by leading countries:
Africa:
4,501
Egypt
do
Union of South Africa
..
do __ 29, 136
Asia and Oceania:
12, 599
Australia, including New Guinea
do
2,938
British Malaya
_
do. .
2,090
China
do
36, 303
India and Pakistan
__
do .
41, 471
Japan
do
9,740
Indonesia
_
do _
31, 847
Republic of the Philippines.
do
Europe:
62, 063
France
do
59, 186
Germany
__
do
51, 872
Italv
- --_ _ _ _ . _ . _
----- d o
60
Union of Soviet Socialist Republics.- _ do
78, 274
United Kingdom
_ _ _ _ _ _
do
North and South America:
185, 596
Canada, incl . Newfound land and Labradorf - do
221,369
Latin- American Republics, total
do
8, 307
Argentina
do.
33, 974
Brazil
.
do
14, 230
Chile
.
-._
do .
14, 115
Colombia
do
Mexico
Venezuela
. ..
_
do
do. _.
Exports of U. S. merchandise, total
mil. of dol_.
By economic classes:
Crude materials
_ _ _ _
thous. of dolCrud e foodstuffs
do
Manufactured foodstuffs and beverages. _ do
Semimanufactures
do
Finished manufactures _
do _
By principal commodities:
Agricultural products, totalj
do
Cotton, unmanufactured .
do
Fruits, vegetables, and preparationscf._do
Grains and preparations
do
Packing-house productscf
... do. __
29, 241
36, 078
44, 278
899
880
906
850
836
943
746
773
868
'810
825
54, 945
194, 900
280, 243
150, 917
89, 482
128, 403
37. 710
172, 162
280, 740
169, 744
106, 499
112, 752
49, 814
185,152
286. 450
152,317
104, 897
127, 058
42. 535
173, 271
285, 171
146 986
104, 689
97 665
33, 878
149, 181
277,712
150, 228
128, 440
96, 633
47, 657
197,019
324, 487
144, 987
118, 302
110, 401
24, 315
145, 739
237, 455
128, 432
114, 681
92 931
31, 606
150, 002
269, 117
119, 980
99, 691
99, 580
28, 220
169, 515
287, 920
148, 698
124, 577
108, 170
29, 665
132, 051
264, 173
165, 508
104, 281
112, 373
29, 591
150, 523
238, 641
191, 586
107, 934
106, 527
4,287
23, 416
3,636
17, 525
3,589
18, 076
2,991
20, 411
3 546
13 952
2,758
18, 729
2 338
6 876
2 160
8 592
1 714
9 198
2 764
11 832
3 416
12, 189
12, 936
2,965
2,433
22, 930
41, 042
8,434
36, 335
7,937
10, 606
2,616
820
14, 177
42, 586
6,605
32, 821
11,419
8,064
1,839
714
9,977
24, 479
4,243
35, 190
13, 333
2,037
3,250
17, 328
39, 237
12, 032
41, 425
10, 179
1, 275
3 400
16 818
34 238
9 616
19,601
8, 065
1,706
8 199
20 521
33 895
6 382
17, 343
10, 361
1,408
4 186
36 552
30 429
6 842
24, Oil
10, 193
1,424
838
18 384
28 030
7 591
23, 945
6,906
2,167
280
14, 986
32, 147
5,813
38, 966
1,586
599
31, 458
36 239
6,989
22,238
26, 853
63, 379
20, 420
80
52, 346
29, 279
59, 107
28, 407
60
55, 905
32, 175
64, 177
23, 873
21
42, 496
30, 717
60, 807
37, 627
122
54, 934
36 960
33 968
27 523
13
28 997
39 Oil
32 267
32, 343
130
55, 966
33 272
4l' 891
31 846
38
54 683
20 331
36 662
40 326
292
49 931
25 654
37 178
34, 347
77
29, 284
152, 314
217, 400
146, 983
190, 488
10, 322
19 464
8 952
11 644
34 777
35 888
34, 287
150, 188
207, 879
9,419
18 915
9. 289
12 456
32 872
35 671
33 014
144, 982
214, 270
8, 730
18 954
12, 698
16 403
38 254
37 676
36 763
25, 423
64, 137
23, 370
422
50, 294
150, 844
203, 379
13, 689
28, 690
12,625
13, 335
25, 531
32, 993
43, 347
2,816
965
16. 580
34, 333
7,944
28, 954
22, 868
63,412
19, 139
128
53, 203
169, 739
204, 310
13, 731
25, 025
10. 071
9, 662
26, 610
31, 456
38, 438
11,530
32,918
12, 920
11,738
30, 963
30, 796
41, 799
1,093
889
872
896
844
829
934
179, 646
97, 875
98, 529
71, 411
104, 652
516, 581
108, 346
122, 821
102, 400
52, 437
104, 389
514, 449
133, 784
83, 982
63, 495
86, 786
475, 791
130, 476
94, 245
59, 198
83, 640
461, 128
171,884
91,834
245, 842
36, 126
11, 299
105, 949
260, 071
69, 358
18, 402
258, 919
299, 853
106, 050
93,117
12,321
10, 213
99, 324
12, 599
128,
196
10
18
6
14
32
39
30
111.521
86, 958
125, 859
589, 324
320, 158
90, 191
13,813
118, 565
21,716
235, 438
38, 607
10, 799
110, 907
14, 140
124,509
49, 726
100,590
488, 892
244, 509
28, 381
9.389
125, 374
1 2, 938
71,704
16,129
63, 826
101, 143
505, 362
14,893
104, 866
14, 177
430
644
751
672
823
*>61
508
244
965
119, 976
188 751
15 624
19 468
6 306
13 955
27 336
34 323
32? 076
148,
214
11
22
6
17
33
38
36
693
694
551
824
712
303
837
419
237
165,
205
10
22
5
22
32
36?
38
498
134
344
670
539
755
983
083
748
r
876
191, 519
204 432
11, 818
21 862
6 096
23 612
31 243
35 532
30 286
736
765
858
801
813
121 899
66, 600
49, 109
77 509
419 460
141 365
68, 476
44, 053
86 874
420 680
165 638
64, 465
48, 203
91 319
488 168
146 027
65, 536
54, 399
87 205
445 575
167 516
55, 047
49, 202
89 691
451 786
224,
84
10,
80,
10
246, 013
105 389
15, 757
70, 179
13 815
260,
111
14,
66,
15
234, 389
78 875
13, 929
68, 441
10 463
233, 593
90 245
14, 448
54, 025
10 036
510
414
107
343
366
705
492
513
517
095
865
773, 149
583, 768
Nonagricultural products, total!
do
653. 610
627, 554
650, 653
569, 767
634, 197
515, 434
564, 354
579, 650
•597, 089
510,067
1
1
i 7 987
i 11 336
i 9 150
Aircraft, parts, and accessories
do ._
i 7, 449
i 7, 891
i 7, 224
15, 257
i 7, 702
l 14 653
i 12 457
i 6, 776
10, 954
1
1
1
61,374
Automobiles, parts, and accessories,?1, do
i 44, 441
i 59, 525
i 53, 421
i 56, 633
i 53, 359
41,434
i 46, 937
* 48. 610
53, 903
i 46, 278
44,015
64, 378
Chemicals and related productsc?
do
58, 801
62, 175
58, 397
58. 549
58, 190
67, 047
53, 398
62, 161
50, 259
60, 220
61, 295
Copper and manufactures cf
do
7, 832
5,514
4, 243
3,727
4 717
5, 053
3,539
9 390
8 130
5 525
7 215
6 580
78, 761
Iron and steel-mill products
do
64, 125
37, 768'
67, 795
67, 699
2(5, 227
48, 866
40 375
41 436
39 879
38 893
40 500
Machinery, totaled
__ _
do . i 223, 165 1 202, 673 1 179, 053 1 191, 715 1 175,995 i 169, 082 1 202 808 l 161 646 1 159 524 l 193 745 i 174 251 i 173 933
13, 041
11,332
10 108
8 892
6 838
7 897
Agriculturalcf
do
7 808
7 923
6 527
10? 669
10 883
10 759
1
1
1
1
i 26, 644
24, 372
i 24, 192
Tractors, parts, and accessories*
do
i 20, 700
i 20, 978
i 19,540
23, 412
22, 580
21,328
i 24, 224
i 22, 773
i 21 [926
1
1
i 37 746
i 30 631
1 36, 701
i 30 517
i 36 905
i 27 457
35 290
*33, 712
131 050
J33 977
31 824
Elcctricalcf
do
i 29 695
17, 109
19,194
Metal working
do
14, 836
16 046
15 792
16 238
20 750
17 008
15 741
17 374
13' 837
17 037
107, 957
89, 520
79, 794
76,145
91, 584
74, 943
Other industrial cf
do
90, 580
74, 084
70, 522
67, 200
81, 197
75, 370
47, 193
42, 694
32 58i
Petroleum and products
do. __
48 708
39, 9(55
40 397
35 373
40 419
36 459
40 131
40 968
35 434
Textiles and manufactures
_ _ _ d o 57, 964
45, 767
44, 085
50, 270
49, 874
43, 864
49, 591
44.' 701
33. 128
44. 638
40.' 133 1
33. 581
r
Revised.
i Excludes "special category" exports not shown separately in the interest of national security.
^Revisions for various periods in 1947 and 1948 have been made (since publication of the 1949 STATISTICAL SUPPLEMENT) in most of the foreign-trade items and there will be further changes
beginning 1946 as final data are completed by the Bureau of the Census; moreover, the revaluation of tin imports and the transfer of certain "relief and charity" food items from the nonagricultural exports group to the agricultural group have affected the pertinent series back to 1942. Revisions will be shown later.
tRevised series. Figures beginning January 1949 have been revised to include data for Newfoundland and Labrador.
c?Data beginning 1948 have been adjusted in accordance with the 1949 commodity classifications. Revised figures for January-July 1948 are available upon request.
*New series; included with agricultural machinery prior to 1948.
SUEVEY OF CURRENT BUSINESS
S-22
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
Au.crust 1050
1949
June
July
August
September
1950
October
November
December
January
February
March
April
May
i
June
INTERNATIONAL TRANSACTIONS OF THE UNITED STATES—Continued
FOREIGN TRADE!— Continued
Value — Continued
General imports, total
thous. of dol__
By geographic regions:
Africa
do
Asia and Oceania
do
Europe „
._.
_. do __
Northern North America
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- _ _ . d o
British Malaya
do _
China . _
_
.
. do
India and Pakistan
do
Japan
do
Indonesia
_ ._
do
Republic of the Philippines
do
Europe:
France
do _
Germany
do
Italv
do
Union of Soviet Socialist Republics
do
United Kingdom . _ _ . _
. . _ do
North and South America:
Canada, incl. Newfoundland and Labrador!
thous. of dol._
Latin-American Republics, total _ . . . do _
\rgen tins
do
Brazil
_
. _ do _
Chile
do
Colombia
._ do
Cuba
do
Mexico
do
Venezuela
do
Imports for consumption, total _
do _
By economic classes:
Crude materials
- _. __ do
Crude foodstuffs
do
Manufactured foodstuffs and beverages do
Semimanufactures
do
Finished manufactures
do__
By principal commodities:
Agricultural products, total. _ _.
do
Coffee
do
Hides and skins
do
Rubber, crude, including guayule_.
do
Silk unmanufactured
do __
Sugar
do
Wool and mohair, unmanufactured
do_.
Non agricultural products, total
do
Furs and manufactures
do
Non ferrous ores, metals, and manufactures,
total
thous. of dol _
Copper, incl. ore and manufactures_._do
Tin, including ore
do
Paper base stocks
do
Newsprint
do
Petroleum and products
do
525, 964
456,413
490, 747
530, 794
559, 106
593, 694
605, 068
622. 698
600, 300
664, 400
583, 304
r 658. 900
27, 632
106, 298
69, 156
131, 306
81, 608
109, 963
23, 491
94, 060
58, 355
108, 068
68, 441
103, 997
20, 014
101,604
64. 297
120, 960
68, 610
115, 263
29, 182
97, 722
78, 947
119.571
68, 631
136, 742
27, 105
110,047
79, 954
139, 352
69, 770
132, 878
27, 214
118, 257
89,611
157,379
69, 022
132, 210
34, 342
106, 957
81, 030
145, 348
69, 716
167, 676
26, 394
127, 565
89, 337
127, 895
88, 458
163, 049
48, 705
114, 435
79, 550
125, 701
89, 413
140, 924
46, 997
125, 648
97, 037
149, 985
111,774
131,842
28, 599
139, 692
83, 073
132, 203
81, 569
118, 167
37. 635
137, 613
94,419
167, 734
95, 852
125, 902
76
7.097
189
9,339
62
8,119
6,907
9,658
170
12, 439
295
14,010
404
12, 288
3, 290
6, 540
9,701
9,010
10, 998
11,841
593
8,252
262
11, 189
11,812
9,901
5, 805
21,833
6, 637
11,368
20, 442
2,727
10, 822
7,749
14, 140
5,574
8,979
21, 813
5,183
17, 082
8,846
17, 252
5,771
8,970
20, 569
4.647
15, 496
6, 470
18, 573
6,792
10, 086
16, 166
5,153
15, 475
9,430
20, 545
6,275
12, 090
17, 043
6, 587
18, 589
13, 304
22. 670
8, 035
10,628
14, 962
11, 638
12, 702
6,729
23, 131
7, 013
9,289
10, 175
18, 006
19, 121
8, 639
21, 362
9, 553
8,958
15, 045
13, 111
19, 003
6,940
19, 233
9, 552
S', 608
14, 181
7,535
16, 472
10,081
26, 380
11,828
7. 007
16,268
11, 008
17, 507
9,055
26, 644
10, 068
10, 357
19, 362
13, 148
21, 750
11, 070
20, 355
17, 152
7, 107
21, 589
3,672
2,896
6, 326
4,637
14, 707
3,872
1,499
5, 430
3,531
15, 106
4,998
2, 836
6,817
2, 961
16, 102
4,844
2,484
4. 406
7, 090
20, 623
4,996
2, 588
7, 518
2, 765
18, 919
6, 580
4. 054
6, 634
1,766
22, 718
5, 456
4, 333
5.778
1.700
21,210
5,466
4, 563
5,121
2, 437
18, 168
6,776
4,069
5, 552
4, 575
17, 767
8. 092
5, 367
9, 550
3,464
20, 961
5,994
6,001
7, 350
2,827
18, 303
6.542
4. 897
5, 798
3, 558
23, 901
131, 108
181, 044
7, 532
36, 943
14, 367
18, 324
35, 080
23, 761
21,022
529, 489
108, 067
162, 131
5, 637
34, 000
7, 648
22, 609
30, 363
13, 356
23, 620
458, 938
120, 552
174, 557
5, 044
39, 866
11, 955
21, 844
33, 349
15. 081
21,680
513,086
119.571
193, 458
6, 716
53, 784
10, 046
20, 604
32, 670
1 5. 670
23, 357
528, 887
139, 201
188, 702
8, 767
48, 851
6,519
23, 754
32, 014
16, 772
27, 004
561, 906
157, 177
189, 204
6,079
61, 518
7,547
22, 716
27, 586
19, 562
22, 624
592, 542
144, 996
221, 507
16, 247
80, 747
8, 933
21, 345
12, 553
23, 478
27, 565
595. 065
127, 895
235, 282
19. 007
55, 243
9,912
30, 004
18, 625
27, 261
32. 232
621, 755
125, 701
219, 452
18, 544
41, 908
12, 083
28, 283
30, 808
22, 517
21, 823
590, 200
149, 985
226, 967
18, 337
42, 999
10, 022
18, 736
47, 824
23, 708
28, 471
659, 800
132, 057
185, 203
17, 686
43, 720
8,713
15, 663
29, 650
21, 277
26. 499
571, 728
167, 589
207, 159
15, 881
45, 149
16, 248
13, 357
36, 598
26, 598
23, 423
653, 800
149, 220
102, 098
68. 118
110,598
99, 456
126, 178
92, 462
65, 124
84, 856
90, 318
137, 883
91, 746
69, 227
114, 424
99, 806
160, 163
103, 233
59, 467
106, 284
99, 740
160, 669
110, 520
64, 824
121, 122
104, 770
154, 772
139, 790
61, 783
129, 863
106, 334
162. 817
152. 994
41, 386
133, 963
103, 904
183, 716
154, 319
46, 582
137, 663
99, 475
169, 177
139, 523
58, 090
129. 635
92, 228
184,071
128, 459
80, 124
145, 694
120, 312
161, 918
109, 378
61, 864
130, 383
108, 184
167, 979
117, 124
75, 971
169, 049
123, 879
233, 310
56. 038
6,173
19,198
86
38, 186
15, 605
296, 179
8,100
205, 067
58, 542
6, 168
16, 649
23
36, 525
11, 671
253, 871
9,270
225. 334
55, 294
7,044
17,171
45
37, 683
20. 734
287, 753
8,270
239, 533
65, 992
6, 661
15,165
71
27. 741
22. 553
289. 354
11,002
242, 027
65,812
6, 045
15, 892
156
29, 276
22, 472
319, 879
13, 651
271, 078
77, 582
5, 646
22, 339
115
23, 758
22, 138
321, 464
4, 542
272, 295
105, 684
6,470
22, 631
301
6, 827
26, 053
322, 770
7,828
292, 284
104, 945
7, 539
19, 837
1,238
15,782
37, 061
329, 471
11, 368
294, 704
84, 391
7,175
19, 218
1,270
27, 614
35, 081
293, 949
6, 599
306, 496
73, 089
7, 973
22, 947
1,192
43, 344
31, 863
352, 164
9,318
262, 724
64, 126
7, 653
29, 659
1, 588
30, 393
27,925
309, 003
5,792
278, 788
58. 679
8 506
23, 786
1,215
37, C67
31, 055
375,213
8,030
66, 374
17, 763
13, 495
17, 619
37, 261
37, 473
39, 486
11,007
11,685
14, 253
35, 942
36, 490
59, 252
15, 196
18, 892
16, 495
38, 192
35, 546
5 1,021
13, 179
21.370
13. 677
33, 636
38, 191
59, 711
13, 024
26, 707
19, 132
37, 498
46, 281
56, 411
14, 377
17, 850
24,318
35, 735
43, 429
53, 588
19, 213
8,691
20, 868
38, 921
48, 576
63, 082
19, 253
17, 360
22, 623
34. 576
54, 332
59, 510
20, 026
15, 340
19. 747
31,708
38, 186
54, 018
14, 862
10, 593
21, 696
35, 606
51, 305
43, 866
11, 789
6,955
15, 898
33, 703
47, 675
71, 606
23, 283
17, 456
21, 438
44, 927
45, 509
685,600
679, 100
TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Airlines
Operations on scheduled airlines:
Miles flown, revenue
thousands
Express and freight carried .
- ._ short tons.
Express and freight ton-miles flown. _ thousands-.
Mail ton-miles
flown
do
Passengers carried revenue
do
Passenger-miles flown, revenue
do. _
28, 089
14,350
8,977
3, 233
1,389
659, 605
29,257
13, 082
8,177
2, 915
1,342
621, 449
29, 370
15, 734
10, 177
3, 116
1, 326
607, 332
28, 084
18, 161
11,381
3,094
1,339
616, 559
28, 116
19, 014
11, 791
3,248
1,286
593, 402
26, 037
18, 709
11, 425
3, 310
1,080
490, 167
26, 014
22, 007
13. 460
4, 952
941
464, 170
24, 946
15, 784
9,714
3, 302
915
468, 709
23, 696
14, 529
9, 276
3,217
942
466, 757
26, 001
17, 329
11.443
3, 685
1,109
552, 098
27,206
18, 121
11, 166
3,493
1,289
617, 914
28, 868
19, 287
12.418
3,741
1,419
665, 511
20, 877
1
19, 736
*S5
19, 324
*46
20, 487
51
19, 808
41
20, 077
18
23, 190
19
19, 566
54
18, 655
56
19, 372
67
18,304
42
18, 501
67
9.3114
1,268
122,000
9. 3869
1,169
116, 400
9. 4501
1, 193
121, 600
9. 4793
1,220
116, 800
9. 5158
1,265
125, 100
9. 5523
1,226
124, 200
9. 6399
1,293
135, 100
9. 8029
1,236
121, 100
9. 8029
1, 135
114,000
9. 8428
1,274
123, 700
9. 8516
1,191
121, 300
9. 9051
1,227
124. 400
9. 9343
1,152
2, 393
435
48
126
162
37
46
298
1.241
2,288
259
42
140
157
29
46
320
1.297
3,446
787
56
191
206
37
55
424
1.688
2,875
614
56
159
164
34
72
341
1. 434
2,980
572
56
171
159
34
239
325
3,905
705
73
227
229
36
388
400
Express Operations
Operating revenues
Operating income
_
-
. --thous. of doL.
do
Local Transit Lines
Fares, average cash rate
Passengers carried, revenue. _
Operating revenues!
cents
millions
.. thous. of doL.
Class I Steam Railways
Freight carloadings (A. A. R.):cf
2,762
3,603
2,923
3,391
2,339
2,638
3,121
Total cars
thousands
560
393
459
410
205
559
Coal
do
626
35
57
38
49
16
26
Coke
do
59
191
139
162
163
193
160
Forest products .
do__.
180
279
291
216
240
217
206
214
Grain and grain products
do
38
33
41
75
Livestock _
__
do
69
52
48
396
311
299
33
277
Ore
do _
52
66
445
329
364
353
416
385
Merchandise, 1. c. 1
.
do
334
1,232
1,637
1,364
1,714
1.277
1.543
Miscellaneous
do
1.250
r
d
Revised.
Deficit.
fSee corresponding note on p. S-21.
§See note marked "$" on p. S-21.
JData for 1947 revised; see note marked "J" on p. S-22 of the September 1949 SUIT
VEY.
cf Data for June, September, and December 1949 and March and June 1950 are for 5 weeks; other months, 4 weeks.
1 494
1 »4R
SURVEY OF CUKRENT BUSINESS
August 1950
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
S-23
1950
1949
June
July
August
September
October
November
December
January
February
March
April
May
June
TRANSPORTATION AND COMMUNICATIONS—Continued
TRAN SPORTATION —Continued
Class I Steam Railways—Continued
Freight carloadings (Federal Reserve indexes) :
119
Total unadjusted
1935-39—100
98
Coal
do .
147
Coke
do
127
Forest products
do
159
Grain and grain products
do- -54
Livestock
do
282
Ore
_
do-..
57
Merchandise 1 c 1
do
126
Miscellaneous
_ _ _ _ _ . .do_- 115
Total adjusted
do
98
Coal
___
__do_ -_
150
Coke
do
122
Forest products
do
156
Grain and grain products
do
70
Livestock
do
182
Ore ..
- do
58
Merchandise, 1 c. 1
do
122
Miscellaneous
_
_
__do
Freight-car surplus and shortage, daily average:
60, 083
Car surplus, total.. _,
.number..
35, 263
Boxcars
__
__do_.
14, 786
Coal cars
do
388
Car shortage, total _
do
184
Box cars
do
32
Coal cars
do
Financial operations (unadjusted):
Operating revenues, total
thous. of dol__ ' 735, 451
' 599, 518
Freight _ _ _
do
77, 076
Passenger
do
r
588, 192
Operating expenses
- do
Tax accruals, joint facility and equipment rents
thous. of dol_ _ ' 86, 147
r
61, 112
Net railway operating income
do
42, 476
Net income t
do
Financial operations, adjusted:
748.3
Operating revenues, total
mil. of dol
614.5
Freight. .
do
74.4
Passenger
. __
. do
Railway expenses
do
677.0
71.3
Net railway operating income
_do
Net income
do
37.8
Operating results:
Freight carried 1 mile _ . . mil. of ton-miles
47, 964
1.332
Revenue per ton-mile
,
cents
3,111
Passengers carried 1 mile, revenue
millions
114
60
128
130
140
104
218
55
135
105
60
130
121
115
79
115
117
212
60
284
55
121
110
79
118
117
120
103
119
131
149
73
240
57
128
117
103
123
125
177
70
138
77
177
55
120
160
57
127
63,822
11, 103
43, 570
2,451
2,254
74, 745
7,697
62, 109
3,582
3,173
120
131
96
135
149
95
51
55
124
117
131
96
137
153
85
152
75
131
72
28
54
11
1
42
54
119
146
52
127
190, 978
3,451
183, 594
10, 924
10 346
44, 382
8,303
25, 833
1,021
145
52
125
86, 418
17, 839
59, 834
1,741
1,632
99
42
53
131
153
131
35
56
121
92
42
54
124
125
79
107
97
155
119
123
69
45
50
120
115
97
148
134
107
97
158
106
119
68
42
49
122
117
97
151
118
96
46
130
115
111
52
39
51
122
104
46
122
119
120
139
144
123
116
53
39
54
127
127
139
143
123
122
123
177
129
115
61
63
54
135
126
123
181
129
125
119
179
139
112
59
217
51
135
122
119
181
134
131
116
188
150
133
51
277
52
142
127
116
192
144
119
70
113
65
126
67
131
68
127
66
130
67
169
52
133
156
52
130
134
53
134
121
53
137
121
51
133
179
52
138
110, 945
17 425
77 385
165, 541
11, 701
139, 311
224
111
37
569
414
16
18, 362
5, 103
4,559
4,906
2, 795
1,810
12, 178
3,189
1 957
6,663
2 986
3,080
6,625
1,949
448
517
76, 055
4,867
58, 377
5,012
2,749
2,121
11, 491
5 845
4,748
584, 928
481, 965
57 845
5G1, 118
743, 326
630, 542
59, 555
574, 408
713, 820
601, 801
60. 555
562, 625
745, 406
634, 747
56 801
580, 567
779, 182
649, 228
71 660
588, 763
68, 574
15, 236
9 301
93, 211
75, 706
49 437
88, 978
62, 217
37 530
97, 808
67, 032
45 221
100, 372
90,047
5
113
104
132
100,208
2,368
92, 938
5,964
3,918
1,909
700, 648
562, 811
82, 564
569, 818
742,877
606, 201
78, 606
587, 116
694, 969
569, 491
69, 833
540, 988
648, 924
534, 885
60, 993
520, 920
704, 806
587, 060
63, 776
537, 354
710, 830
575, 664
74, 379
568, 292
657, 044
537 338
69 725
546 665
80,493
50, 337
26, 861
90,034
65. 727
39 061
90,444
63, 538
38, 131
81, 219
46, 786
23 592
91,869
75, 582
54, 425
73, 229
69, 309
82 455
77, 622
32, 758
11 016
700.9
570.1
75.7
649.8
51.1
19.0
697 3
569.0
70.1
659.1
38.2
622 9
511.0
62.3
591.9
31.0
5.2
685.2
560.2
70.1
633.1
52.1
18.9
o
708.5
588.8
66.7
636.4
72.0
39.3
712 1
584 0
73.0
631 5
80.6
49 1
688 6
565 0
72 8
628 9
59 8
29 i
638 4
522 9
64.1
606 3
32.1
13
722 5
607*4
60 2
655 1
67 4
r
35 8
729 8
613 8
62.7
666 6
63 2
r
31 6
715 2
604 6
57.4
660 9
54.3
v 22 7
44, 991
1.345
3,385
47, 107
1.338
3,256
44, 219
1.363
2,910
40, 554
1.400
2 533
46, 036
1.356
2,488
45 190
1.343
2 912
41 793
1 370
2 730
36 383
1 407
2 215
50 937
1 318
2,304
49 687
1 289
2 362
51 155
1 314
2 215
8,401
4,586
3,816
7,300
4,008
3,292
7,486
4,098
3,390
7,285
3,888
3,396
6,494
3,396
3,099
6,367
3,433
2,934
6,458
3,479
2,979
5 619
3 095
2 523
5,429
2 933
2,496
6,465
3 665
2 800
7,091
3 928
3 163
7 638
4 503
3 135
2,330
1,116
2,387
1,047
1,979
928
2,125
1,166
2, 297
1,313
2,079
1 079
2,638
1 576
2 508
1 412
2,565
1 588
2,762
1 551
2 365
1 339
2 606
1 447
5.48
5.27
5.84
5.59
5.81
5.25
5.25
5-73
5 26
86
213
80
218
67
194
5 41
5.43
81
222
86
223
5.71
78
211
80
211
83
215
81
208
83
230
83
239
79, 459
53, 058
73, 171
i 41, 927
54,039
37, 141
39 205
i 31, 601
40 723
1 37, 182
40 553
1 42 388
1
25, 554
19 847
3,126
' 26, 006
15, 501
1,446
27, 243
13 592
T
r
v 14 000
22 069
J> 15 000
30 156
t> 16 000
39 187
v 16 000
36 607
j> 19 500
41 453
187
237
304
560
586
d
513
Waterway Traffic
Clearances, vessels in foreign trade:
Total U. S. ports
thous. of net tons
Foreign
do
United States
do
Panama Canal:
Total _
_ _.
thous. of long tons
In United States vessels
do
Travel
Hotels:
Average sale per occupied room
_ dollars _ _
Rooms occupied
__
percent of total
Restaurant sales index
same month 1929=100.
Foreign travel:
U. S. citizens, arrivals _
_. number
U. S. citizens, departures
do
Emigrants..
do
Immigrants.
do
Passports issued
do
National parks, visitors
thousands
Pullman Co.:
Revenue passenger-miles
millions
Passenger revenues
thous. of dol__
84
233
51, 062
71, 695
2,568
20, 809
32, 294
1,732
64, 588
i 77, 419
1
r
r
24, 134
19, 688
3, 333
887
1
r
678
21, 918
13 608
298
23 972
13 932
188
51 656
54 884
1
59 457
53 434
65, 541 1 62 417
1
2 562
1 460
50 283
60 090
841
825
833
7,731
7, 732
807
785
830
7,587
7,260
7,750
1 026
9 577
845
7,512
865
7,881
8,069
7,555
249, 852
144, 576
87, 490
195, 617
24, 671
34, 766
258, 353
146, 891
93, 449
199, 772
27, 433
34, 902
257,096
149, 629
89, 507
196, 780
28, 827
35,059
262, 534
154, 018
90, 258
195, 137
33, 119
35, 231
262, 745
156, 367
88, 159
196, 809
32, 277
35, 408
271, 879
159, 895
93, 536
205, 535
32, 729
35, 635
271, 019
161 650
90 417
200 786
32, 603
36, 426
262, 131
159, 375
84 093
191, 542
33, 198
36, 605
280, 803
164 709
97, 096
204, 642
36, 448
36, 813
275, 806
163 935
92 636
196 628
37, 873
36, 999
13, 582
13, 939
13, 241
12, 756
d
12, 636
11, d
887
14, 565
12, 798
13, 755
12, 467
907
474
15, 192
13, 262
1 090
1 762
1,548
1 620
1,584
1 901
1,703
P ig 000
41 233
1 930
8,135
808
664
6,229
COMMUNICATIONS
Telephone carriers:!
Operating revenues
thous. of dol. . 253, 432
Station revenues.
do
146, 744
Tolls, message
do _
88, 828
Operating expenses, before taxes
do _
196, 856
Net operating income
do
26, 458
Phones in service, end of month
thousands. _
34, 635
Telegraph, cable, and radiotelegraph carriers:
Wire-telegraph:
15, 098
Operating revenues
thous. of dol__
13, 901
Operating expenses, incl. depreciation
do
Net operating revenues
do__
360
Ocean-cable:
Operating revenues
___
do..
2,019
1,822
Operating expenses, incl. depreciation _._ do
d
Net operating revenues
_. do
l
Radiotelegraph:
1,950
Operating revenues
do
1,845
Operating expenses, incl. depreciation
do
Net operating revenues
do
16
r
d
d
14, 870
13, 964
1, 123
14, 523
13, 420
13,944
12, 984
13, 413
12, 673
14, 584
13,363
156
314
253
62
596
1,826
1,764
d
1,892
1,733
d
1,948
1,617
1,817
1,506
1,788
1,548
1 882
1,660
149
145
74
38
31
1,793
1,809
d
1,925
1,800
1,957
1,696
1,938
1,741
1,938
1,827
2 262
1,973
46
185
126
46
205
1 883
1,790
m
99
20
359
d %Q
83
d US
1 784
1,700
d 1$
1 646
1.568
d ^05
1 902
l'612
13
2 017
1,835
1 774
l'. 742
1 967
1,803
83
d Jl
116
64
Revised.
* Preliminary.
Deficit.
{Revised data for May 1949, $82,086,000.
1
Beginning July 1949, data exclude departures via international land borders; land-border departures during the 12 months ended June 1949 amounted to less than 1 percent of total departures.
tRevised series. The coverage has been reduced from 100-120 to 56 carriers (prior to January 1950, data covered 53 carriers); however, the comparability of the series, based on annual operating revenues, has been affected by less than 3.0 percent. Also, data are now shown after elimination of intercompany duplications for the Bell System; figures prior to August 1948 on the
revised basis will be available later. Data relate to continental United States.
SURVEY OF CUBRENT BUSINESS
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
1950
1949
June
July
August
September
1950
October
November
December
February
March
April
May
June
124, 079
0)
56, 849
115, 976
123, 996
1. 206
59, 336
134, 452
2,848
51,317
133,842
4,898
59, 107
127, 295
9, 334
56, 482
63, 180
158. 202
47. 871
3, 217
105, 575
1, 369
132, 745
59, 120
151, 513
43, 315
3,756
101, 386
1,253
129, 191
77, 086
167, 091
50. 708
5, 568
98, 906
1 427
128, 987
92, 408
114, 286
168, 878
177, 269
r
51, 319
52, 157
4,694
4.406
114, 629
111,511
1,432
1,447
135, 319 ' 146, 673
131, 322
167, 721
50 635
2, 326
104, 604
1 404
135, 468
354, 412
6,726
201,012
338, 552
7,350
187, 201
319, 578
6, 771
180, 945
368, 746
7.835
205, 354
361,328
7, 452
210, 344
388, 169
7,907
219,641
291 . 681
8 135
200, 836
41, 794
36, 410
31,416
38, 693
41, 300
45, 588
40, 899
56, 158
60, 069
54, 820
60, 773
59, 096
54, 377
49, 567
January
CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production:
Ammonia, synthetic anhydrous (commercial)
105, 443
109, 505
113, 894
short tons.. 103, 217
1,871
3,070
2,969
Calcium arsenate (commercial )<?
thous. of lb__
0)
47, 424
40, 286
44, 227
42, 009
Calcium carbide (commercial)
short tons_.
Carbon dioxide, liquid, gas, and solid t
thous. of lb__ •• 120, 031 ' 135, 474 ' 136, 147 f 98, 712
139, 163
147, 214
147, 825
Chlorined"
short tons__ 134, 572
' 36, 022 r 36, 813 r 40, 599
' 42, 010
Hydrochloric acid (100% HC1)J
do
784
Lead arsenate (acid and basic)
thous. o f l b _ _
0)
0)
0)
97, 476
95, 721
90, 382
93, 308
Nitric acid (100% HNOs)
short tons
r
r 1,074
' 1, 063
' 1, 156
1, 205
Oxygen J
mil of cu ft
Phosphoric acid (50% HsPO^J
short tons.- '102,883 ' 109, 669 ' 119, 683 «• 119, 689
Soda ash, ammonia-soda process (98-100% Na?
Cos)
short tons__ 309, 379 289, 943 305, 469 317, 406
f 4, 644
4,029
5,552
Sodium bichromate and chromote
do
5 575
182, 143
163, 678
Sodium hydroxide (100% NaOH)d"
do _ _ _ 170, 283
175, 933
Sodium silicate, soluble silicate glass (anhy26, 446
37, 159
drous).
.short tons.. 37, 658
28, 284
Sodium sulfate, Glauber's salt and crude salt
f 42, 489
r 48, 706
' 49, 690
' 59, 107
caket
short tons..
Sulphuric acid (100% H2SO4):
871, 042
901, 132
884, 658
916, 133
Production^
_ _ do
Price, wholesale, 66°, tanks, at works
17.00
17.00
17.00
dol. per short ton..
17.00
Organic chemicals:
Acetic acid (synthetic and natural), production
25, 420
29, 698
34, 788
thous. of lb__
31,638
35, 334
40, 528
62, 927
Acetic anhydride, production
do
50, 785
1,009
250
813
Acetyl salicylic acid (aspirin), production do
908
Alcohol, denatured:
16, 575
13,947
10, 097
Production
thous. of wine gal
12,313
14, 430
10, 556
15. 341
Consumption (withdrawals)
do__
12, 444
8,746
6,732
8,266
Stocks
do
8,126
Alcohol, ethyl:
31, 796
23, 760
22, 770
Production
thous. of proof gnl
26, 660
51, 015
53, 788
52, 426
56, 588
Stocks, total
..
do
50, 544
53, 273
50, 652
In industrial alcohol bonded warehouses, do
53,527
471
515
1, 775
In denaturing plants
do
3,061
30, 593
18, 663
24, 362
Withdrawn for denaturing
_. do
25, 176
2,664
3,040
3,672
Withdrawn tax-paid.do
3 572
10, 542
13, 215
10, 492
Creosote oil, production. __
thous. of gal _
10, 005
5,479
5,798
5,339
Ethyl acetate (85%), production
thous. of lb__
6,424
Glycerin, refined (100% basis) :
High gravity and yellow distilled:
4,692
7,907
7,528
Production
thous of Ib
6 781
6,668
5,700
7,397
Consumption
do
7 068
11,316
11,790
Stocks
__
_ __
do._ _ 13, 596
11, 580
Chemically pure:
6,258
8,617
11,165
Production
_ _
do
11, 591
6,286
6,947
7,729
8,181
Consumption
do
14, 926
18, 211
15, 479
15, 674
Stocks
do
Methanol, production:
146
136
146
157
Natural (100%)
thous. of gal-7,023
7,609
9. 323
8,059
Synthetic (100%)
-.
do ...
8,018
7,104
12, 602
10, 103
Phthalic anhydride, production
thous. of Ib
108, 604
(H
47, 274
«• 84, 768
151, 128
f 44, 094
0)
85, 208
••662
r
135, 018
115, 667
1,151
55, 212
124, 900
1, 518
55, 836
r 69, 157
f 69, 671
155. 943
168, 282
r
r
45, 420
45 983
676
S90
91 , 832
99, r)25
r
r
1,011
1 329
r
127, 680 ' 120, 815
328, 899
5,938
189, 367
360, 971
5,781
196, 575
49,912
46, 073
' 56, 479 ' 59, 325
r
r
0)
54, 837
1,104,335 1,041,288
936, 109
985, 589
1,051,165
1,019,803
967, 335
1,071,299
1,057,073
17.00
17.00
17.00
17.00
17.00
17.00
17.75
17.75
39. 667
68, 704
927
39, 923
70, 853
843
39, 824
72, 458
873
36, 765
69, 140
829
31,147
67. 356
824
37, 441
73, 287
934
' 37. 506
65, 734
796
41,012
75, 183
867
14, 845
15, 259
6,313
14, 612
15, 574
5,358
13, 618
15, 077
3,899
14, 903
15, 335
3,464
13, 293
13, 215
3,429
16, 743
17, 087
2,873
15, 402
15, 924
2,346
15,989
16,846
1,487
19, 146
18, 387
2, 230
22,680
43, 133
41,919
1,214
27, 117
3,936
6,254
6,852
23, 181
37, 192
36, 223
969
26, 838
4,289
6,508
6,469
22, 549
33, 949
33, 204
745
24, 907
2,288
10,314
6,456
24, 688
31, 346
30, 450
896
27,411
2,750
10, 597
6,449
24, 254
28, 397
27, 713
685
24, 044
2,547
10, 063
6,917
27, 304
24, 050
23, 513
537
30, 321
3,846
11, 424
6,899
31, 184
25, 729
24, 829
901
28, 829
3,552
12, 360
r
6, 159
33,410
28, 486
27,614
872
29, 418
3,257
12, 869
9,746
31, 108
23, 229
22, 284
964
34, 597
4,188
7 550
6, 913
12, 123
7,879
6,545
13, 103
6 834
6,214
13, 591
6,927
5,971
14, 347
6,159
6,082
13, 564
8 499
7,794
14, 468
6,876
7,668
13, 717
8 420
8,633
14,302
8 079
7. 961
15, 132
11,655
8,054
17,214
12, 426
7.916
17, 838
12, 335
7,209
20, 071
12, 840
9,174
22, 411
12, 228
7,224
24, 645
12, 553
8,158
25 972
10, 880
7,619
26, 406
10, 865
8, 364
23, 678
9,932
8,011
22, 537
165
11, 143
16, 284
165
9,789
16, 340
169
10, 628
18, 075
171
11, 655
18, 174
145
8,767
17, 090
197
9,371
18 722
166
9,357
15, 436
175
10, 063
15, 675
173
992
262, 125
61, 925
181, 362
3,406
142, 225
98, 717
55, 563
5,433
26, 159
1,468
311, 746
126, 224
161, 543
4,562
173, 103
113, 283
56, 171
13, 606
33, 548
1,859
f 368, 792
148, 988
r
182 652
9 389
223 714
139 197
68,259
7,824
57 024
1,538
446, 192
91, 136
311 684
11, 819
272, 080
128, 400
76, 408
7,023
115, 775
1,118
573, 572
129, 204
425, 779
10, 325
214, 918
166, 523
103, 322
13, 659
10, 744
51. 50
27, 896
51.50
91, 803
51.50
116 035
51.50
113, 107
17.75
FERTILIZERS
Consumption (14 States)! — thous. of short tons
Exports, total ._
.short tons _
Nitrogenous materials
do
Phosphate materials
do
Potash materials
do
Imports, totnl
do
Nitrogenous materials, total
do
Nitrate of soda
__
__do
Phosphate materials
do ..
Potash materials
do
Price, wholesale, nitrate of soda, crude, f. o. b. cars,
port warehouses _
_ dol. per short ton
Potash deliveries
short tons
Superphosphate (bulk) :
Production
do
Stocks, end of month
_ _
__ __ do
375
308
258, 996
58, 420
161,062
9,824
110,049
93, 061
66, 791
4,430
2,198
264. 575
79, 592
172, 841
8,410
69, 454
54, 254
32, 681
8,130
351, 947
87, 853
229, 784
8,103
120, 479
100, 699
52, 377
13, 570
0
511
289, 754
98. 064
162, 598
15, 392
118, 352
107, 241
52, 616
5,066
0
520
310, 303
124, 806
155, 912
9,985
97, 236
86, 961
47, 695
4,737
2
489
391, 164
150, 907
186, 581
11, 540
87, 735
70, 828
26, 454
8,389
20
557
300, 251
159, 502
110 806
5, 631
106, 389
88, 773
33, 163
5,135
4,738
54.50
114,025
54.50
77,015
54.50
103, 930
54. 50
92, 825
52.25
105, 678
51.50
72, 787
51. 50
45, 485
810, 775
960, 752
279
r
r
833,631
889, 083
850, 563
816, 724
854, 292 1 082 523 1, 039, 177
820, 111
836, 137
802, 943
1,165,762 1, 264, 676 1, 268, 682 1, 259, 932 1, 311, 085 1, 420, 577 1, 495, 731 1, 308, 555 1 006 718
778, 270
51 50
83 446
51 50
134 624
r
986 684
835 403
r 897 919 1 170 043
NAVAL STORES
Rosin (gum and wood):
Production, quarterly total . drums (520 lb.)_
Stocks, end of quarter.
do. _.
Price, gum, wholesale, "WG" grade (Sav.), bulk*
dol. perlOOlb..
Turpentine (gum and wood) :
Production, quarterly total
_bbl. (50 gal.)_.
Stocks, end of quarter..
do
Price, gum, wholesale (Savannah) __dol. per gaL.
525, 250
719, 140
6.42
183, 160
218, 490
.37
574, 840
840. 920
6.49
.36
6.53
6.70
.38
194. 110
225, 070
.39
552, 940
929, 960
6.60
.39
6.58
6.66
.39
170, 700
238, 660
.40
370, 480
894 280
6.66
.41
6.40
6.29
5.71
5.29
4.93
.43
125, 320
205 960
.43
.41
.40
.40
MISCELLANEOUS
Explosives (industrial), shipments:
1,081
Black blasting powder
thous. of lb__
1,068
1,509
1,606
1,595
2,212
2,436
1,999
1,464
1,803
2,213
1,407
1,148
37 389
High explosives
do
50, 982
45, 443
53 158
47 585
48 548
40 130
47 608
40 468
55 794
53 418
59 843
59 805
qUlfur:
Production...
long tons
399, 025
388,811
397 024
389 682 392 805
392 655
400 564
401 232
412 425
376 942
389 305
475 694
487 845
3, 168, 312 3. 142. 845 3. 156. 752 3. 139. 785 3. 097. 331 3.114.865 3. 099. 305 3. 074 569 3 040 IQft 9 Q88 K97 9 R8.fi 9Q4. 9 87^ SQQ 9 (Kfi <m
Stocks
do_
r
Revised.
1 Not available for publication.
t Figures are not strictly comparable with those prior to 1948 because of the inclusion of data for additional plants For January 1948—
May 1949 revisions including data for these plants, see note at bottom of p. S-25.
tRevised series. Beginning in the January 1950 SURVEY, data for fertilizer consumption in 14 States have been substituted for the 13-States series formerly shown; revised figures prior
to November 1948 will be shown later, c? Revisions for January 1948—May 1949 are shown in note at bottom of p. S-25.
*New series. The series for rosin "WG" (window glass) grade, which is compiled by the U. S. Department of Labor beginning November 1948, and prior to that month by the Oil, Paint,
ana Drug Reporter, has been substituted for the "H" grade formerly shown. Data beginning 1935 will be shown later.
SURVEY OF CURRENT BUSINESS
August 1950
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
S-25
1950
1949
June
July
August
Septem-
ber
October
Novem-
ber
Decem-
ber
January
Febru-
March
April
ary
May
June
298, 594
101 937
394, 479
299, 189
96 559
388, 296
CHEMICALS AND ALLIED PRODUCTS—Continued
FATS, OILS, OILSEEDS, AND
BYPRODUCTS
Animal fats, greases, and oils:
Animal fats:
Production
thous. o f l b _ .
Consumption factory
do
Stocks, end of month
do _
Greases:
Production
do
Consumption, factory, _ _ _ _ _ _ _ _ _ _ d o _
Stocks, end of month
do
Fish oils:
Production
do
Consumption, factory
do _
Stocks end of month
do
Vegetable oils, oilseeds, and byproducts:
Vegetable oils, total:
Production, crude
mil. o f l b
Consumption, crude, factory
_ _
do _
Stocks, end of month:
Crude
_
do _
Refined
do
Exports f
thous. of lb_
Imports, total _ _ _ _
_ _ _ _ _ _
do __
Paint oils
do
All other vegetable oils
_ _do
Copra:
Consumption, factory
short tons..
Stocks, end of month
do
Imports
do_ __
Coconut or copra oil:
Production:
Crude
_
_ thous. of Ib
Refined,
_ do
Consumption, factory:
Crude
_ _
_ _ _
do_ ._
Refined
do
Stocks, end of month:
Crude
do
Refined.
_ _ _ _ _ _ _ _
.do
Imports
do
Cottonseed:
Receipts at mills
thous. of short tons
Consumption (crush)
_ _
do_ _
Stocks at mills, end of month
_do_ _
Cottonseed cake and meal:
Production
short tons
Stocks at mills, end of month
_
do _
Cottonseed oil, crude:
Production
__ thous. o f l b
Stocks, end of month
do
Cottonseed oil, refined:
Production
do
Consumption, factory
do
In oleomargarine
_.
__ _ _ do_ .
Stocks, end of month. _.
__ __ _ do _
Price, wholesale, summer, yellow, prime (N. Y.)
dol. per lb__
Flaxseed:
Production (crop estimate)
thous. of bu
Oil mills:
Consumption
do
Stocks, end of month.. _
_ do__
Imports
do
Price, wholesale, No. 1 (Minn.)
dol. per bu__
Linseed oil:
Production
thous. of Ib
Consumption, factory
do
Stocks at factory, end of month. _ __ _ _ _ d o .
Price, wholesale (N. Y)
dol. per lb__
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, edible (N. Y.)
dol. p e r l b _ _
r
r
r
275, 069
105, 502
319, 521
254, 842
61,981
322, 974
264, 394
120, 143
292, 421
248, 888
119,516
265, 758
288, 318
117, 519
240, 962
338, 009
100, 627
251, 195
378, 469
96, 214
316, 248
363, 933
111 714
360, 842
288,055
103 724
344 466
317, 265
122 437
350, 904
287, 983
104 256
375. 930
50, 505
41, 590
124, 927
45, 702
32, 951
129, 265
46, 753
41,895
124, 518
44, 706
46, 031
117,852
48, 110
42, 016
116,477
54, 861
42, 911
112,412
55, 935
43, 794
111, 379
53, 954
42. 005
113, 753
48 962
40, 593
111 321
53, 289
42, 437
113 951
50, 510
38, 742
123, 683
52, 369
43, 595
122 910
53 266
40, 103
122 920
13, 599
12, 377
78, 442
12,735
11,126
69, 511
18, 362
12, 823
79, 062
21,962
17, 667
92, 245
24, 908
20, 865
102 849
8,438
15, 364
94, 776
10, 076
14, 777
106, 261
4,833
15, 236
103 076
493
15, 438
87 502
524
19, 543
90 827
481
15, 280
82 478
«• 3, 649
14, 682
69 944
17, 506
13, 990
48 093
379
368
338
307
361
380
464
417
601
480
601
496
553
456
541
475
471
450
478
484
423
406
388
398
353
375
739
319
60, 173
24, 378
1,609
22, 769
732
266
71, 885
32, 589
2,811
29, 778
718
188
31,179
31 , 096
4,505
26, 592
776
171
29, 982
38, 516
4,925
33, 591
856
231
36, 630
28, 785
10 616
18, 169
963
288
71, 986
35, 654
11,689
23, 966
1, 069
423
54, 832
15, 375
11 698
21, 491
r 1, 020
1758
363
36, 773
15, 034
40, 940
26,914
12,769
27, 909
34, 932
10, 010
38, 594
38, 306
8,333
51, 251
46, 206
18 710
60, 027
47, 231
25, 022
34, 368
23,139
44, 961
29, 168
48, 892
30, 374
44, 905
24, 483
36,014
19, 689
53, 219
28, 147
71,318
8,477
8,442
82, 365
8,728
14, 512
15
197
162
T
r
T
r
1, 042
338
48, 924
22, 024
5, 535
16, 489
r
43, 723
21,998
52, 913
33, 180
22, 328
32, 798
36, 640
23 784
44 905
25, 515
17 725
27, 160
24, 724
21 074
27, 903
28, 099
18 042
29, 092
28, 757
13 194
31, 976
27. 134
10 342
58 979
29, 169
55, 482
25, 363
42, 726
24, 304
46 743
22 515
32 381
21 358
31 179
23 268
36 169
23 393
36 654
26 247
34 211
22, 909
54, 588
26, 248
55, 248
25 914
48, 532
23 287
45, 222
22, 344
43 763
20 617
40 787
20 708
46 571
22 592
43, 234
21 394
47 923
21 420
39 642
21 673
83, 124
6,723
14, 485
101, 042
7,945
17, 020
112 977
8,283
8 442
134 570
8, 676
11 158
r 141 073 r 157 154 T 1Q7 ggg r 155 452 r 157 iQ5
9,016
9 893
7 899
6 889
8 446
6,015
10 729
7 152
7 787
11 847
r 170 014
8 997
12 260
m
7 756
117
147
132
353
207
278
1,248
586
941
1 382
748
1,575
1 322
785
2,112
450
677
1,884
179
654
1,409
262
533
1 137
213
492
858
183
365
676
95
276
495
47
208
334
85, 660
88, 354
66, 340
65, 949
94, 081
52, 759
253, 763
98, 076
334 030
116,912
355 146
123,518
309. 772
142, 801
289 039
175 724
235 130
196 406
220 201
186 446
162 095
182 209
124 140
179 112
93 264
163 360
65, 569
76, 240
48, 656
52, 233
64, 805
40, 908
184, 291
88, 766
242 687
123, 462
252, 640
162, 355
217, 619
181, 587
210 781
171, 922
173 826
146, 885
162 217
99, 469
120 814
82, 539
90 610
65, 083
68 051
50, 748
97, 996
138, 639
32, 728
186, 268
61, 255
110, 959
28, 882
132, 766
71,976
142, 409
37, 530
72, 590
113.309
115,282
32, 076
69, 708
178 666
129 424
35, 728
125, 176
188 938
144, 799
36, 049
174, 981
172 940
133, 830
41, 205
218, 210
175
145
47
255,
174
158
46
273,
160
174
52
271
116
118
25
285
.129
.118
.123
.122
.125
.158
.140
2
3,528
1,513
1
(*)
3,505
2,227
0
3.86
3,985
4,932
3.91
3.94
3.85
70, 927
26, 402
363, 431
.276
69, 949
35, 262
378, 788
.250
77, 071
42, 723
407, 230
.216
72, 923
49, 884
421, 115
.208
67 803
44 411
433, 921
.192
62 856
36 376
462, 934
. 186
15, 264
18, 333
15, 302
12, 477
13, 551
6,549
11,996
10, 606
17, 522
63 581
150, 583
124, 209
120, 798
155 148
110,190
97, 345
136 015
135, 106
141, 462
120 756
127, 703
136 199
172 491
125 902
119 778
82, 793
93, 929
.141
90, 881
92, 807
.142
71, 925
76, 384
. 175
56, 223
56 790
.157
o
3,886
8,139
o
3 468
7, 553
o
1, 074
386
60, 199
22, 100
1 726
20 374
927
547
649
630
.130
1, 058
404
62, 747
25, 344
3, 809
21, 475
054
713
604
525
.138
1,051
398
77 755
26, 146
6 456
19, 690
817
461
837
007
.153
520
392
754
761
.160
392
67 995
43, 682
8 883
34, 799
98
130
27
251
983
694
086
672
.170
43, 664
80 792
114 983
225 034
.162
3 29 338
2 752
3 928
2
3.88
2 576
2 554
(t>\
3.93
2 360
1 055
3.92
2 937
6,058
0
3.95
4.00
4.05
4.03
61 681
30 518
485, 112
.185
57 066
32 292
515 697
.184
53 469
33 619
531 932
.185
50 939
39 850
548 907
.180
47 154
38 194
564 035
.180
43 697
42 119
539 931
.182
63 490
44 gyo
551 263
.189
17, 139
70 914
2 222, 305
17, 290
66 508
16 909
59 398
15 466
54 214
18 112
47 991
17 198
41 674
16 880
r 34 735
13 913
28 478
165 473
133 442
129 801
166 855
119 251
104 727
165 088
130 317
117 599
153 046
118 749
111 398
177 518
146 063
139 881
170 9^1
131 913
116 186
169 001
131 848
125 688
141 705
132 235
120' 525
3,254
6,982
o
3.93
3,194
5,412
o
Q
2 209
1 384
o
3 270
2 255
67 314
69 405
82 877
90 116
78 911
87 228
101 386
91 462
88 338
57 976
55 410
59 985
66 650
66 791
64 118
71 651
77 528
74 809
.145
!l42
.150
.153
.148
. 168
.171
!l71
.'l77
r
l
2
Revised.
Data for crude palm, coconut, castor, and sperm oil are excluded from the pertinent items.
December 1 estimate. 3 July 1 estimate. 4 No sales. « Less than 500 bushels.
fRevised series. Beginning in the September 1949 SURVEY, data include oleomargarine of vegetable or animal origin.
SUEVEY OF CURRENT BUSINESS
S-26
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
August 1950
1950
1949
June
July
August
September
October
November
December
January
February
March
April
May
June
CHEMICALS AND ALLIED PRODUCTS—Continued
FATS, OILS, ETC.—Continued
Vegetable oils, oilseeds, etc.— Continued
Oleomargarine:
Production
_
thous. of lb._
Consumption (tax-paid withdrawals) -_do ...
Price, wholesale, vegetable, delivered (Chicago)
dol. per lb._
Shortenings and compounds:
Production
thous. of lb__
Stocks end of month
do
63, 610
61, 970
56,118
55, 366
79, 106
79, 346
74, 408
71, 172
75, 471
73, 938
71, 278
73, 072
76, 948
76, 854
84,237
83, 942
81, 299
81, 218
95, 315
89, 834
53. 817
54, 803
56, 357
56, 024
.224
.224
.248
.249
.224
.224
.224
.224
.224
.236
.244
.244
.244
122, 213
85, 821
83, 355
64, 438
156, 696
52, 851
133, 849
59, 315
123, 178
62, 860
139, 965
61, 889
125, 783
81, 722
135, 591
71, 190
145, 489
66, 407
161, 722
71, 708
126, 516
83, 553
144, 761
103 734
115, 440
117 648
Paint, varnish, lacquer, and filler, total
thous. of dol_.
Classified total
do __
Industrial
-do_ __
Trado
_
-__do
Unclassified
do
88, 506
79, 587
29, 052
50, 535
8,919
73, 997
67, 394
25, 723
41, 671
8,602
87, 685
79, 148
30, 800
48, 348
8,537
84, 217
75, 293
30, 218
45, 076
8,923
75, 960
68, 757
28, 597
40, 159
7,203
67,022
60, 613
25, 226
35, 387
6,409
57, 340
51, 957
23, 481
28, 476
5,383
75, 936
68, 887
27, 684
41, 203
7,049
70, 873
64,640
27, 145
37, 495
6, 233
87, 169
79, 098
32, 250
46, 847
8,071
87, 605
79, 348
30, 935
48, 413
8,257
'r103, 246
93 434
r
35, 175
«• r58, 259
9, 812
108, 817
98 541
36 708
61, 833
10 276
SYNTHETIC PLASTICS AND RESIN
MATERIALS
Production:'
Cellulose acetate and mixed ester plastics:
Sheets, rods, and tubes
thous. of Ib
Molding and extrusion materials
do
Nitrocellulose, sheets, rods, and tubes
do
Other cellulose plastics
do
Phenolic and other tar acid resins
do
Polystyrene
-do
Urea and melamine resins
do
Vinyl resins
do
Alkyd resins
__
do
Rosin modifications
-_
do
Miscellaneous resins
do
1,242
4,303
626
176
14, 952
15, 029
7,931
20, 636
19, 149
7,584
14, 825
1,332
3,431
372
433
11,232
15, 905
6,273
18, 853
17, 304
6,631
14, 877
1,405
4,626
517
113
17, 834
19, 749
9,569
23, 663
19, 258
8,103
16, 646
1,530
5,798
431
712
22, 569
20,723
10, 299
29, 098
21,114
9,912
19, 399
2,138
6,904
453
749
25, 056
22, 156
13, 239
31, 786
20, 787
10, 728
18, 896
1,962
5, 183
440
950
28, 684
20, 901
13, 568
33, 503
20, 619
9,777
18, 709
1,674
4,638
485
972
25, 811
20, 137
13, 389
33, 036
17, 902
8,086
18, 861
1, 938
5,387
546
825
27, 499
20, 332
12, 989
33, 111
18, 825
8,486
21, 096
1,875
5,399
546
1,168
27, 453
20, 242
12, 522
31, 429
21, 223
8,479
20,009
1,883
6,405
650
1,198
32, 334
27,032
13, 205
37, 662
25, 624
10, 156
20, 759
2,144
6,301
587
926
29 978
24, 555
11 434
' 35, 946
' 21, 864
r
9,138
19, 642
1 920
6,518
650
898
31 476
25, 441
14 576
35 992
25, 841
9 786
22 327
PAINT SALES
ELECTRIC POWER AND GAS
ELECTRIC POWER
Production (utility and industrial), total
mil. of kw.-hr__
Electric utilities, total.
._
do
By fuels..
do
By water power
do
Privately and municipally owned utilities
mil. of kw.-hr__
Other producers
_
_ _ _ do _ _
Industrial establishments, total
do
By fuels
_ -_ do
_
By water power
__ _
do. _ _
Sales to ultimate customers, total (Edison Electric
Institute)
mil. of kw -hr
Commercial and industrial:
Small light and power
do
Large light and power
_
do
Railways and railroads
do
Residential or domestic
do
Rural (distinct rural rates) _ _
__do.
Street and highway lighting
do
Other public authorities _ _
do
Interdepartmental
do
Revenue from sales to ultimate customers (Edison
Electric Institute)
_ _ _ thous. of dol__
28,025
23,617
16, 393
7,224
27, 946
23, 684
16, 355
7,330
29,492
25,021
17, 672
7,349
28, 358
23, 922
16, 946
6,976
28, 110
24, 288
17, 353
6,936
28, 539
24, 328
17, 467
6,861
31, 096
26, 321
18, 705
7,616
31, 677
26, 871
18, 537
8,334
28, 789
24, 270
16, 528
7,741
31, 864
26, 997
18, 268
8,729
30, 191
25, 437
17, 140
8 297
31, 486
26 525
18 048
8 477
31, 608
26 685
18 701
7 984
20, 034
3,583
4,407
4,012
395
19, 973
3,711
4,262
3, 881
381
20, 965
4,055
4,471
4,067
404
19, 934
3,987
4.436
4,055
382
20, 430
3,858
3,822
3,465
357
20, 781
3,548
4,211
3,837
374
22, 456
3,865
4,775
4,310
465
22, 893
3,979
4,805
4,362
443
20, 637
3,632
4,519
4,082
437
23, 022
3,975
4 867
4,383
483
21, 838
3,599
4 754
4,318
436
22, 739
3 786
4 962
4 503
459
22, 952
3 734
4 923
4 484
439
19, 905
19, 949
20, 758
20 878
20, 309
20, 655
22 020
22, 943
22 203
22 565
22 397
22 394
3,760
9,889
473
4,374
664
178
522
46
3,974
9,524
462
4,417
825
184
516
46
4,033
10, 120
470
4,422
873
202
592
46
4 044
10, 142
452
4,619
809
224
541
46
3,876
9,709
470
4,749
626
251
581
46
3,890
9,799
499
5,032
541
272
572
49
4 047
10, 384
555
5,604
506
291
580
52
4, 181
10, 602
536
6,276
409
287
602
49
4,076
10, 297
507
6,017
405
251
597
52
4 002
10 830
555
5 782
493
250
596
57
3 986
10 930
497
5 521
605
221
581
55
371, 462
375, 372
382, 149
387, 522
383, 236
391, 007
409, 942
425, 325
416, 130
414, 263
410, 076
3 919
n'soo
468
5 235
634
206
581
52
407, 411
GAS
Manufactured and mixed gas (quarterly):
Customers end of quarter, total
thousands
Residential (incl. house-heating)
do
Industrial and commercial
do
Sales to consumers, total
mil. of cu. ft
Residential
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) :
Customers, end of quarter, total
thousands
Residential (incl. house-heating)
do_ .
Industrial and commercial
_.
do
Sales to consumers, total
mil. of cu. ft_.
Residential (incl. house-heating) _ _
do
Industrial a n d commercial _ _ . _
_do
Revenue from sales to consumers, total
thous. of dol
Residential (incl. house-heating)
do
Industrial and commercial
do
10, 541
9,842
691
139, 231
90,229
47, 875
10, 262
9,582
672
101, 730
60, 288
40, 077
10, 182
9,497
677
142, 774
94, 652
46, 573
9 763
9 092
664
184, 390
128 143
54, 506
144, 513
107,058
36, 725
113, 390
82, 663
29, 641
145, 570
108, 202
36, 318
174, 188
129, 500
43, 505
12, 328
11, 293
1,026
715, 282
192, 659
501, 154
12,663
11, 649
1,004
615, 338
91, 452
492, 683
13,310
12, 194
1, 107
820, 431
238, 854
550, 395
13 733
12 562
1 161
1, 080, 316
447 480
606 702
246, 490
127, 776
115,064
183, 487
74, 471
103, 978
289, 605
158, 967
125, 493
439 632
278 828
156 322
r
Revised.
*New series. The data for production, compiled by the U. S. Tariff Commission beginning July 1948, are essentially comparable with the series for shipments and consumption (reported
by the Buredu of the Census) previously shown here, except for inventory changes (which tend to balance out over a short period) and the inclusion of reports from a few additional companies.
Data for alkyd resins and rosin modifications are not available prior to 1949.
SUEVEY OF CURRENT BUSINESS
August 1950
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
S-27
1950
1949
June
July
August
Septem-
ber
October
Novem-
Decem-
ber
ber
January
Febru-
ary
March
May
April
June
FOODSTUFFS AND TOBACCO
ALCOHOLIC BEVERAGES
Fermented malt liquors:
9,258
Production
__
_
thous. of bbl__
8,629
Tax-paid withdrawals
do
9,879
Stocks end of month
do
Distilled spirits:
13, 732
Production
thous. of tax gal__
Consumption, apparent, for beverage purposes
13, 064
thous of wine gal
7,632
Tax-paid withdrawals
thous. of tax gal__
677, 344
Stocks end of month
do
1,111
Imports
thous. of proof gaLWhisky:
7,852
Production
thous. of tax gal__
3,537
Tax-paid withdrawals
do
602, 926
Stocks end of month
do
1, 027
Imports
thous. of proof gal
Rectified spirits and wines, production, total
9,069
thous. of proof gal. _
7,889
Whisky
do. __
Wines and distilling materials:
Sparkling wines:
163
Production
thous. of wine gal
77
Tax-paid withdrawals
do
1,743
Stocks end of month
do
28
Imports
_do
Still wines:
584
Production
_do
8,815
Tax paid withdrawals
do
Stocks end of month
do _ _ 162, 586
177
Imports
-- -do_ __
513
Distilling materials produced at wineries do
9,382
8,722
10, 147
9,182
8,901
10, 033
7,392
7,285
9,836
6,122
6,438
9,252
5,774
6,095
8, 686
6,312
6,246
8,484
6,146
5,597
8,775
8,818
5,842
5,523
8,849
7,554
5, 938
10, 073
7,351
6, 359
10, 579
8,317
7,615
10,841
9, 368
8, 696
10, 982
11, 581
16, 704
26, 093
19, 770
19, 057
16, 577
14, 137
15, 994
17, 305
20, 486
21, 233
12, 323
8,067
676, 337
878
12, 336
8,072
675, 217
985
14, 120
9,471
673, 701
1,329
15, 213
11, 438
671, 309
1,529
17, 673
12,070
669, 884
1,607
20, 031
8.351
676, 016
1,410
11, 519
7,209
680, 898
890
11, 592
6,295
684, 576
857
14, 333
9,215
686, 640
1,076
13, 276
7,317
692, 455
864
13, 783
7,929
700, 420
1, 161
8, 067
708, 560
5,099
4,048
602, 865
803
5,959
4,383
603, 231
914
8,703
5, 311
604, 768
1,226
9,246
6,101
606, 210
1,413
9.705
6, 965
606, 015
1,461
10, 672
5,197
610, 365
1,262
11, 069
4,684
615, 384
790
10, 115
4,043
620, 133
'778
11,045
5, 558
624, 182
967
11,922
4, 357
630, 693
772
12,727
4.607
637,410
1,076
12, 396
5, 251
643, 378
8,008
6,864
9,043
7,681
10, 228
9,250
12, 400
11, 247
12, 601
11,473
7, 916
7,101
6,622
5,870
6,092
5,458
9,377
8,357
7,888
6,775
8,127
6,931
9,090
7,609
54
49
1,742
13
128
62
1,808
14
47
99
1,734
35
47
175
1,633
43
54
154
1,771
86
86
159
1,426
86
124
64
1,474
24
38
41
1,456
17
108
60
1,494
29
190
61
1,614
28
86
78
1,614
38
435
7,763
155,034
148
713
1,335
8,788
145, 702
145
4,900
19, 085
11, 303
154, 365
188
37, 979
58, 451
13,112
203, 831
286
105, 382
14, 556
13, 540
205, 095
342
35, 142
3, 534
12, 865
192, 024
335
4,808
1,076
11,974
179, 526
240
1,394
745
10, 071
168, 923
243
1,397
1,144
13, 057
156, 823
279
1,280
842
12, 360
145, 001
286
734
790
10, 550
134, 936
2fi3
1,300
157, 325
102, 701
.590
136, 390
136, 786
.599
128, 440
153, 855
.618
113, 770
154, 455
.622
102, 800
144, 819
.625
90, 480
130, 452
.625
96, 000
113, 993
.631
101, 515
103, 657
.624
97, 875
92, 886
.635
121, 970
93, 489
.607
128, 610
109, 020
.599
156, 195
' 136, 867
.600
166, 275
182, 479
.599
137, 125
112, 545
162, 256
140, 859
2,794
118, 735
96, 760
185, 517
162, 346
2,138
108, 410
87, 370
210, 411
183, 208
1,804
94, 150
74, 135
213, 433
188, 259
2,442
82, 155
62, 355
209, 515
185, 839
4,003
71, 875
51, 395
196, 125
175, 764
3,946
74, 175
52, 535
188, 653
168, 670
5,102
77, 365
54, 565
176, 821
159, 906
3,085
75, 685
53, 775
163, 922
149, 004
6,845
97, 135
71, 040
158, 134
141, 946
3,540
110, 595
84, 305
171, 553
153, 135
2,806
132,305
104, 535
' 208, 986
' 186, 062
2,518
142,
114,
253,
228,
.343
.330
.352
.358
.356
.356
.353
.349
.354
.351
.346
.343
34, 275
9,800
350, 850
22, 490
8,200
306, 750
26, 130
8,800
273, 650
22, 320
5,750
212, 750
16, 300
4,675
167, 750
11,550
3,200
134, 000
11, 675
6,300
151, 000
14, 700
4,450
168, 750
13, 200
5,900
183, 000
16, 550
6,500
241, 000
20, 450
7,350
258, 000
29, 550
5, 375
346, 850
30, 200
5, 300
348, 800
10, 027
379, 000
8,309
454, 210
8,559
477, 812
6,758
484, 246
6,925
426, 836
5,795
333, 264
7, 386
243, 491
5,249
151, 401
5, 951
101, 470
6,757
86, 216
7, 596
116, 999
7, 650
222, 300
9, 733
343, 988
8,903
24, 391
6,205
22, 967
4,500
11, 209
5,692
12,368
1,846
18, 257
1,618
14, 862
2,221
15,351
2,858
13, 120
2,869
14, 306
2,514
8,694
3,918
16, 275
2,735
18, 965
9.10
5.09
9.10
5.12
9.10
5.11
9.10
5.08
9.10
5.08
9.10
5.09
9.10
5.09
9.10
5.10
9.10
5.10
9.10
5.10
9 10
5.10
12, 372
5,482
4.56
11, 559
4,828
4.61
10, 574
4,475
4.66
9,427
3,862
4.71
9,056
3,395
4.74
8,451
2,943
4.75
8,622
3,144
4.75
9,046
3,321
4.66
8,671
3,263
4.63
9,996
4,116
4.58
12, 225
112, 200
12, 620
88, 360
10, 890
76, 750
10, 725
63, 050
9,150
54, 150
7,410
49, 000
10, 300
58, 700
9,091
64, 850
8,135
65, 500
17.377
105, 446
19, 059
98, 129
17, 788
97, 201
18, 271
80, 448
16, 666
57, 026
14, 180
47, 791
11, 105
48, 722
9,710
43, 821
5,873
14, 042
5,587
2,857
7,336
20, 579
5,449
44, 267
5,909
28, 897
4,383
2,814
5,906
7,326
.116
.117
.118
.121
.123
.122
768
343
8,992
560
175
7,921
509
412
6,444
2,602
14, 777
4,858
6,635
35, 224
5,720
255, 787
327, 090
339, 588
355, 552
219, 515
237, 847
315, 788
368, 552
DAIRY PRODUCTS
Butter, creamery:
Production (factory) t
thous. of lb__
Stocks cold storage end of month
_do_
Price, wholesale, 92-score (New York), dol. per lb_Cheese:
Production (factory), total t _ . _
thous. of lb_American whole milkj
-- - -do
Stocks, cold storage, end of month, totaL_.do
American, whole milk
do
Imports
do
Price, wholesale, American, single daisies (Chicago)
dol. per lb_Condensed and evaporated milk:
Production :J
Condensed (sweetened):
Bulk goods
thous, of Ib
Case goods
_ _ __
_do
Evaporated (unsweetened), case goods _ _ _ d o
Stocks, manufacturers', case goods, end of month:
C ondensed (sweetened)
thous . of Ib _ _
«•
E vaporated (unsweetened) __
do
Exports:
Condensed (sweetened)
do
Evaporated (unsweetened)
_.do
Prices, wholesale, U. S. average:
Condensed (sweetened)
dol per case
Evaporated (unsweetened)
__do
Fluid milk:
Production
...
._
mil. o f l b _ _
Utilization in mfd dairy products
do
Price, dealers', standard grade
dol. per 100 lb_Dry milk:
Production :t
Dry whole milk
thous. of Ib
Nonfat dry milk solids (human food)_
,do _
Stocks, manufacturers', end of month:
Dry whole milk
do
Nonfat dry milk solids (human food)
do
Exports:
Dry whole milk
do
Nonfat dry milk solids (human food)-- _do
Price wholesale, nonfat dry milk solids (human
food), U. S. average
dol. perlb..
865
705
979
574
.347
9 10
5 10
9 10
5 09
10, 612
4 431
4.37
11 981
5 416
4.31
12 636
5 744
4.29
11, 425
85, 100
10 550
97, 150
11 410
113 000
13 200
118 750
9, 187
42, 213
9,719
51,619
9 799
70, 091
10 307
81,934
13 219
92, 873
5,408
7,653
3,654
6,775
5,974
16, 998
5,088
23, 177
4 300
11,341
.121
.117
.118
.117
.118
.116
.117
4,849
33, 405
7,599
133. 181
4, 061
25, 667
11, 369
3,832
19, 573
9,760
4,231
12, 502
8,613
3,326
7,074
9,911
2,598
3,645
8, 966
1, 521
1, 289
10, 579
2 jig igo
554
147
9,422
342, 565
326, 934
300, 409
279, 255
265, 204
251, 119
243, 861
r
287, 445
334, 208
387, 681
383, 658
371, 003
339, 316
305, 316
269, 980
241, 992
r
221, 119
235, 665
r
FRUITS AND VEGETABLES
Apples:
Production (crop estimate)
thous. of bu
Shipments, carlot
no. of carloads. _
Stocks, cold storage, end of month-_thous. of bu__
Citrus fruits, carlot shipments
no. of carloads..
Frozen fruits, stocks, cold storage, end of month
thous. of l b _ _
Frozen vegetables, stocks, cold storage, end of
month
thous. of l b _ _
Potatoes, white:
Production (crop estimate)
thous. of bu
Shipments, carlot
no of carloads
Price, wholesale, U. S. No. 1 (New York)
dol. per 100 Ibs.
r
Revised.
* December 1 estimate.
2
1
1
24, 263
11. 695
14 718
20, 093
18 934
17 572
401, 962
16, 598
3. 546
3.287
3.498
3.236
2.873
3. 601
4.134
July 1 estimate.
r
r
r
19 900
20 750
27 144
25 291
T 24 174
2 390 431
24 058
3.719
3.632
4.473
4.789
4.221
3.242
J Revisions for earlier years are shown on p. 24 of this issue of the SURVEY.
SUEVEY OF CURRENT BUSINESS
S-28
August 1950
1950
1949
Unless other-wise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
June
July
August
September
October
November
December
January
February
April
March
May
June
FOODSTUFFS AND TOBACCO—Continued
GRAINS AND GRAIN PRODUCTS
Exports, principal grains, including flour and meal
thous. of bu__
Barley:
47, 295
44, 958
59, 048
46, 153
37, 905
49, 150
42, 726
33, 835
32, 632
31, 684
i 238, 104
6,820
4,349
5,806
27, 526
6,738
5,627
7,696
2
19,312
24, 843
24, 940
14, 954
11, 003
9,015
14, 922
59, 308
2,111
24, 659
33, 056
34, 109
30, 454
26, 228
1,468
811
550
28, 072
70, 692
1,677
27, 657
1,888
32, 630
107, 532
2,263
30, 282
6,410
33, 978
148, 973
3,382
35, 942
4,199 |
252
736
dol. per bu
do
1.253
1.163
1.290
1.236
1.327
1.299
1.523
1.455
1.556
1.502
1.560
1.451
1.509
1.418
1.546
1.444
1.547
1.484
1.578
1.518
1.622
1.538
8,910
21, 977
8,658
19,683
10, 637
22, 064
10, 501
23, 967
11, 206
43, 947
10, 047
58, 975
i 3, 378
9, 554
33, 364
9,454
24, 678
9,446
17, 006
10, 743
23, 470
10,371
19, 624
10, 723
24, 005
10, 888
1, 255. 2
4,611
4,744
5,711
46, 400
45,319
43, 177
20, 238
10, 082
8,628
47, 400
1,634 2
6,161
43, 910
7,513
51, 688
2, 401. 3
13, 470
47, 521
8,369
9, 614
708.4
7,116
20, 020
7,826
5, 909
7,393
(3)
1. 353
1.276
1.451
1.402 :
1.327
1.340
1.307
1.256
1.262
1.312
1.238
1.390
1.152
1.134
1.308
1.157
1.142
1. 450
1. 290
1.248
1.440
1.291
1.249
1.441
1.297
1.261
1.487
1. 337
1.305
(3)
1.426
1.419
13, 988
33,804 !
24, 804
9,338
5,953
5,460
1 1, 323
7, 163
6,862
4,670
7,660
6, 167 i
270, 501
3,182
17,745
30, 095
19, 029
819, 701
578
16, 050
13, 130
6,719
26, 706
1,053,296
1.705
25, 254
562
268
659
.638
.637
678
.687
.762
.749
.769
do
_ _ d o __
Exports including meal
thous. of bu
Prices, wholesale:
No 3 white (Chicago)
dol. per bu
No 3 yellow (Chicago)
do
Weighted average, 5 markets, all grades. .do
Oats:
Receipts, principal markets
Stocks, domestic, end of month:
Commercial
thous. of bu__
do
Exports including oatmeal
do
Price, wholesale, No. 3, white (Chicago)
dol. per bu__
Rice:
Production (crop estimate)
thous. of bu__
California:
Receipts, domestic, rough
thous. of l b _ _
Shipments from mills, milled rice
do_ __
Stocks, rough and cleaned (cleaned basis), end
of month
thous. of Ib Southern States (Ark., La., Tenn., Tex.):
Receipts, rough, at mills.thous. of bbl. (162 lb.)_
Shipments from mills, milled rice- thous. of Ib- Stocks, domestic, rough and cleaned (cleaned
basis), end of month
thous. of lb__
Exportsf
__do
Imports
do
Price, wholesale, head, clean (N. O.)..dol. per Ib—
.673
1,045
21,218
r
2, 460
.759
__do
_
_
do
do
Prices, wholesale:
No. 1, dark northern spring (Minneapolis)
dol. per buNo. 2 hard winter (Kansas City)
do
No 2 red winter (St Louis)
do
Weighted avg., 6 markets, all grades
do___
42, 874
1, 058. 5
(3)
1.481
1.480
(3)
1.489
1. 462
8,041
8,343
2 i 395
7, 313
12, 099
481, 216
171
11, 295
11,517
450
388
.783
.841
.912
r
11, 268
190, 855
.947
2 yg 224
68, 741
64, 909
48, 951
26, 998
236, 472
48, 435
39, 427
22, 610
65, 207
81, 654
32. 953
31, 183
45, 493
33, 990
83, 503
34, 770
50, 081
29, 175
83, 677
37, 907
111, 988
110, 244
39, 358
35, 752
13, 806
16, 508
114,029
115, 691
81, 914
72, 043
62, 804
77, 368
74, 409
82, 574
50, 417
377
132, 777
183
78, 233
781
81,631
4,315
194, 961
4,188
265, 382
3,703
226, 358
1,596
262, 745
658
196, 778
480
92, 216
493
105, 130
466
89, 488
462
103, 973
346
152, 513
113, 173
60, 952
772
.089
57, 291
88, 768
909
.087
65, 554
40, 375
606
.084
316, 540
63,013
423
.071
489, 341
136, 669
310
.070
650, 284
109, 077
252
.077
566, 941
200, 905
716
.082
452, 037
187, 151
272
.082
417, 203
41, 146
206
.081
373, 464
24, 694
512
.080
342, 278
29, 925
304
.081
298, 604
22,113
316
.081
185, 197
748
2,993
1.346
1,772
4,091
1.454
3,131
6,170
1.384
1,043
5,435
1.428
2,194
5,401
1.465
5,071
10, 005
1.418
300
8,280
1.430
263
7,643
1.343
323
7,321
1.393
303
6,278
1.395
1,121
5,977
1.443
mil ofbu
Commercial
do
Interior mills, elevators, and warehouses
thous. of bu_
Merchant mills
do
3. 176
10, 682
26, 726
46, 994
31,908
1
do
thous of bu
do
1.687
1.601
45, 785
26, 728
Receipts principal markets
_. -do. _
Stocks, commercial, domestic, end of month_do___Price wholesale No 2 (Minn.)
dol. per bu -
Winter wheat
Receipts principal markets
Disappearance domestic
Stocks, end of month:
Canada (Canadian wheat)
25. 924
31, 305
2
i 89, 141
Rye:
Wheat:
Production (crop estimate) total
264, 726
7,217
1. 643
1.593
mil of bu
thous. of bu
do
Corn:
Production (crop estimate)
Grin dings wet process
Receipts principal markets
Stocks, domestic, end of month:
Commercial
flour
33, 997
__do_ _
do
__do_
Receipts principal markets
Stocks, domestic, end of month:
Commercial
On farms
Exports, including malt
Prices, wholesale (Minneapolis):
No 2, malting
No. 3, straight
Exports total, including
Wheat only
r
T
64, 749
279, 024
70, 146
r 307, 767
128, 158
130, 305
76, 031
T
50, 170
295, 168
55, 199
86, 400
234, 493
260, 412
162, 524
1,159,159
261, 109
r 76, 239
r 32, 401
67, 172
36, 668
30, 313
31, 796
24, 789
37, 369
34, 230
282, 881
133, 688
472, 209
33, 495
30, 082
2.367
1.951
1.828
2.160
2.379
2.004
1.872
2.096
2.285
2.060
1.865
2.185
2.374
2.152
2.013
2.253
27, 586
24, 296
18, 697
569
9,338
1.457
i 1, 146. 5
i 244. 8
i 901. 7
18, 492
249, 992
18, 385
17, 347
152, 065
146, 506
199,613
189, 447
19, 584
' 244, 422
136, 625
r 665, 030
180, 659
176, 459
165, 267
244, 664
227, 502
165, 657
909, 226
219, 038
26, 589
22, 693
24, 067
20, 482
237, 304
117, 849
327, 230
26, 094
21, 655
21, 996
18, 055
22, 601
19, 240
190, 923
' 88, 731
199, 169
23,315
18, 838
2.431
2.188
2.083
2.282
2.395
2.202
2.161
2.274
2.375
2.221
2.200
2.269
2. 366
2.223
2.218
2.259
2.328
2.224
2.158
2.253
2. 358
2.272
2.290
2.300
r
17, 856
22, 154
126, 762
108, 447
173,136
169, 293
r
r
.081
2 21, 891
722
5,900
1.418
2
956. 6
2 236. 0
2
720. 5
38, 820
249, 227
100, 743
416, 803
168, 497
122, 754
55, 992
64, 660
26, 768
21, 559
18, 480
15, 432
2.373
2.306
2.329
2.322
2. 453
2.300
2.333
2.365
2.446
2.170
2.160
2.297
Wheat flour:
Production :f
r
19, 221
18, 679
20, 895
17, 705
20, 043
20, 116
18, 994
19, 165
19, 957
16, 864
20, 357
18,360
Flour
thous. of sacks (1001b.)_
17, 675
85.5
78.2
76.5
74.6
75.9
81.6
78.7
78.4
74.7
72.2
83.6
71.3
68.9
Operations percent of capacitv§
T
424, 907
389, 304
378, 385
355, 951
402, 001
390, 721
384, 792
413, 639
405, 071
380, 597
337, 484
369, 090
353, 333
Offal
*
short tons.
T
43, 542
41, 172
48, 740
44, 852
46, 344
44, 222
44, 576
46, 596
47, 541
46, 561
39, 178
42, 690
41, 065
Grindings of wheatf
--thous. of bu_
Stocks held by mills, end of month
4,948
4,506
4 911
4,757
thous. of sacks (100 lb.)_
4,635
1,672
1,905
1, 442
1,539
1,692
1,347
1,922
2,727
3,007
1, 405
2,235
1,308
Exports
do. _
Prices, wholesale:
Standard patents (Minneapolis)
5.715
5.744
5.669
5.605
5. 575
5.600
5.512
5.340
5.619
5.600
5.656
5.690
dol. per sack (100 Ib.).
5. 688
4.869
5.069
5.115
5.138
4.915
5. 165 i
5. 119
4.869
5.188
5.269
5.283
5.158
5. 002
Winter, straights ("Kansas C it v)
do
r
2
3
Revised.
i December 1 estimate.
ju}y i estimate.
No quotation.
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 break-down of stocks.
fRevised series. Data for rough rice, included in rice exports, have been revised using a new conversion factor supplied by the U. S. Department of Agriculture, which takes into account changes in milling practices; unpublished revisions (1933-July 1948) are available upon request. Revised data for January 1947 to July 1948 for wheat-flour production and grindings
of wheat will be published later.
.Based on a 5-day week (formerly on a 6-day week); data prior to June 1949 will be shown later.
SURVEY OF CURRENT BUSINESS
August 1950
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
S-29
1950
1949
June
July
August
September
October
November
December
January
February
March
April
May
June
FOODSTUFFS AND TOBACCO—Continued
LIVESTOCK
Cattle and calves:
Slaughter (Federally inspected):
Calves
thous. of animals. _
Cattle
do
Receipts, principal markets
do
Shipments, feeder, to 8 corn-belt States
do
Prices, wholesale:
Beef steers (Chicago)
dol. per 1001b__
Steers, stocker and feeder (Kansas City)__do
Calves, vealers (Chicago)
- do _ _
Hogs:
Slaughter (Federally inspected)
thous. of animals. _
Receipts, principal markets
_ _ _ _ do_ _
Prices:
Wholesale, average, all grades (Chicago)
dol. per 100 lb__
Hog-corn 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 8 corn-belt States
do
Prices, wholesale:
Lambs, average (Chicago)
dol. per 1001b__
Lambs, feeder, good and choice (Omaha) _do
533
1,095
' 1, 899
140
501
1,090
1,833
164
549
1,232
2,470
384
552
1,224
2,528
586
568
1,156
3,061
869
585
1,116
2,280
432
511
1,064
1,676
198
465
1, 103
1,839
133
443
939
1,537
112
586
1,082
1,715
141
494
959
1,590
128
496
1,075
1,871
130
485
1,066
1,704
160
26.47
22.53
25.94
25.86
20.62
24.88
26.28
20.06
25.70
28.11
19.74
27.25
28.93
20.57
27.15
28.21
21.45
26.75
26.47
21.44
27.25
25.98
22.94
30.40
25.58
24.13
30.88
25.90
25.32
29.06
26.94
25.79
29.19
29.02
27.19
30.35
30.13
27.44
29.00
3,745
'2,411
3,165
2,072
3,417
2,314
3,879
2,395
4,959
3,055
6,003
3,618
6,477
3,813
5,844
3,712
4,191
2,691
5,020
3,058
4,316
2,593
4, 338
2,836
4,154
2,586
19.08
18.23
19.09
19.74
17.87
15.87
15.05
15.23
16.55
16.13
16.02
18.41
18.18
15.5
15.4
16.4
17.2
16.1
15.3
13.1
13.1
14.3
13.5
12.4
13.8
13.1
898
' 1, 166
138
976
1,202
144
1,126
1,650
335
1,180
1,932
534
1,172
2,054
572
1,060
1,296
212
1,058
1,139
71
1,077
1,206
115
863
931
112
939
979
101
834
1, 013
98
941
1,455
157
1,019
1,206
166
27.12
C1)
24.50
0)
23.62
22.66
23.00
23.21
23.75
23.28
23.38
23.25
22.38
22.88
24.00
23.64
26.12
25.12
27.62
26.59
26.75
0)
27.12
0)
27.75
0)
1,438
716
97
1,358
643
65
1,441
520
46
1,436
411
45
1,564
409
41
1,763
532
58
1,864
799
69
1,793
943
55
1,356
897
78
1,585
866
85
1,397
857
46
1,488
'802
43
1,501
767
645, 249
81, 148
1,227
638, 252
75, 627
1,482
716, 737
72, 053
2,511
698, 993
71, 475
2,260
660, 890
78, 763
1,070
640, 589
103, 582
1,167
616, 302
136, 903
2,569
642, 167
143, 599
1,118
554, 425
123, 281
1,078
644, 109
110, 022
1,021
575, 795
98, 839
1,433
638, 652
' 78, 844
1,588
628, 277
68, 649
.438
.430
.433
.447
51, 344
14, 332
42, 392
13, 062
45, 917
10, 689
39, 949
8,440
MEATS
Total meats (including lard):
Production (inspected slaughter)
mil. of Ib
Stocks, cold storage, end of month
do
Exports
do
Beef and veal:
Production (inspected slaughter)
thous. of lb__
Stocks, cold storage, end of month
do
Exports
_- do
Price, wholesale, beef, fresh, steer carcasses, good
(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)
thous. of Ib
Pork, excluding lard:
Production (inspected slaughter)
do
Stocks, cold storage, end of month
do
Exports
do
Prices, wholesale:
Hams smoked (Chicago)
dol. per Ib
Fresh loins, 8-10 Ib. average (New York)_do
Miscellaneous meats and meat products, stocks, cold
storage, end of month:
Edible offal
thous oflb
Canned meats and sausage and sausage-room
products
thous of Ib
Lard:
Production (inspected slaughter)
do
Stocks, cold storage, end of month
_
do
Exports
do
Price, wholesale, refined (Chicago) ___dol. per lb_.
.433
.431
.438
.464
.476
.476
.445
37, 427
6,761
40, 975
6,651
48, 257
6,869
50, 414
7,268
51, 338
8,222
47, 893
10, 534
48, 992
13,811
754, 870
678, 466
675, 735
686, 365
851, 970 1, 074, 324 1, 198, 884 1, 099, 016
759, 390
894, 965
556, 838
419, 590
11, 925
495, 142
367,043
6,102
500, 186
283, 178
6,749
518, 143
204, 678
4,342
634, 343
209, 687
2,479
801, 460
297, 205
2,711
880, 945
473, 741
6,576
804, 033
582, 737
4,017
558, 664
573, 108
4,179
664, 439
548. 640
5,584
.556
.533
.586
.546
.613
.558
.569
.551
.489
.453
.468
.386
.469
.351
.489
.368
.495
.430
55, 322
56, 671
54, 958
51, 245
47, 642
51, 174
62, 163
63, 173
49, 570
41,209
34, 310
27, 374
26, 094
30, 014
38, 186
144, 798
103, 890
76, 508
.136
134, 178
96, 255
52, 293
.132
128, 257
68, 819
29, 407
.166
122, 743
48, 768
32, 682
.152
158, 861
38, 320
31, 503
.158
199, 237
39, 808
49, 467
.130
38, 054
74, 733
.268
34, 769
71,261
.241
38, 991
83, 466
.260
49, 399
132,380
.238
58, 185
211, 517
.236
4,334
6,118
3,853
3,963
3,576
1,778
2,290
166, 582
1,936
168, 394
1,426
146, 868
.493
.533
.559
.474
.488
43, 184
7, 099
43, 597
7,136
780, 940
806, 047
829, 338
573, 780
541,955
5,145
592, 792
' 492, 194
4,812
605, 008
466, 292
.485
.409
.478
.412
.528
.485
.548
.480
56, 670
54, 246
48, 699
r
46, 631
44, 788
45, 984
49, 457
54, 818
51, 381
' 49, 190
45, 842
232, 483
73, 995
54,311
.128
215, 492
92, 949
45, 770
.129
146, 905
81,174
68, 583
.129
170, 946
87, 306
74, 019
.132
151, 151
108, 105
34, 873
.132
155, 971
' 128, 467
31, 629
.147
163, 743
134, 708
82, 866
267, 508
.217
73, 034
292, 513
.213
34, 859
295, 736
.204
28, 604
260, 523
.223
27, 462
212, 058
.239
30, 985
167, 000
.226
36, 928
' 136, 548
.211
36, 707
122, 701
.208
3,749
933
3,851
1,207
4,499
8,579
5,147
3,239
5,217
6,257
6,429
10, 082
6,386
12, 987
6,142
19, 051
5,168
16, 316
810
121, 476
501
96, 382
250
72, 556
110
53, 902
380
55, 052
735
73, 159
1,296
116, 546
2,147
155, 108
••3,412
' 179, 732
3,696
187, 744
.628
.564
.527
.381
.323
.327
.358
.344
.317
.342
37, 542
r
.142
POULTRY AND EGGS
Poultry:
Receipts, 5 markets
thous. of lb._
Stocks, cold storage, end of month
do _
Price, wholesale, live fowls (Chicago) _dol. per Ib—
Eggs:
Production, farm
millions
Dried egg production
thous. of lb__
Stocks, cold storage, end of month:
Shell
thous of cases
Frozen
thous. of lb._
Price, wholesale, extras, large (Chicago) t
dol. per doz._
' 4, 912
r
7, 788
MISCELLANEOUS FOOD PRODUCTS
66,713
36, 028
Candy, sales by manufacturers
thous. of dol- 40, 928
65, 913
52, 730
69, 382
25, 580
49, 091
51, 675
Cocoa:
11, 253
22, 119
21, 019
Imports
_ __ __
long tons. . 32, 103
21, 845
9,936
23, 512
30, 461
42, 469
.226
.200
.187
.211
.246
Price, wholesale, Accra (New York)_.dol. perlb-.
.259
.205
.251
.272
Coffee:
1,326
2,332
Clearances from Brazil, total
thous. of bags__
1,672
1,868
2,185
1,945
1,439
1,093
779
906
1,129
1,403
To United States
do .-_
1,507
874
933
1,280
699
519
808
796
Visible supply, United States
do
798
850
992
859
763
868
928
1,685
Imports
_
do
1,688
1,604
1,932
1,853
2,016
2,070
2,247
1,574
Price, wholesale, Santos, No. 4 (New York)
.272
.284
.302
.355
.496
dol. per lb-_
.490
.277
.496
.485
Fish:
64, 091
71, 117
Landings, fresh fish, 5 ports
thous. of lb-_
66, 145
77, 219
42, 129
55, 030
31,246
27, 205
32, 953
114, 031
Stocks, cold storage, end of month
do
146, 344
150, 608
158, 719
127, 217
156, 077
146, 813
125, 516
105, 818
r
J
Revised.
No quotation.
fRevised series. U. S. Department of Agricultiire data re Dlace the series for U . S. standa rds publis hed prior to the Oc tober 1949 issue of ttie
December 1948 are shown on p. 24 of the June 1950 i ssue of the SURVEY.
53, 018
42, 945
40, 368
24, 918
.228
20, 053
.240
32, 893
.286
.308
1,286
727
949
1,321
728
596
731
1,131
855
506
609
1,050
1,198
803
609
.471
.473
.462
.478
79, 027
r Q7; 773
ng, 897
39, 329
87, 133
T
SURVEY . Data for September 1944 to
SURVEY OF CURRENT BUSINESS
S-30
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
August 1950
1949
June
July
August
September
1950
October
November
December
January
February
March
April
May
June
FOODSTUFFS AND TOBACCO—Continued
MISCELLANEOUS FOOD PRODUCTS— Con.
Sugar:
Cuban stocks, raw, end of month
thous. of Spanish tons_. '3,223
United States:
Deliveries and supply (raw basis):
Production and receipts:
Production
short tons__
0)
509, 595
Entries from off-shore
- do
123, 322
Hawaii and Puerto Rico
do
' 793, 193
Deliveries total
do
For domestic consumption
do _ _ ' 790, 135
3,058
For export
-- -do
Stocks, raw and refined, end of month
1,252
thous. of short tons__
1,997
Exports, refined sugar. __
short tons__
Imports:
346, 792
Raw sugar, total
do
253, 348
From Cuba
-do
88, 409
From Philippine Islands cf
- do__ _
38, 430
Refined sugar, total
do
36, 555
From Cuba
do
Price (New York):
.059
Raw, wholesale..
dol. perlb..
Refined:
.093
Retail
do
.078
Wholesale
..
-- do
8,485
Tea imports
thous. of Ib
TOBACCO
Leaf:
Production (crop estimate)
mil of Ib
Stock, dealers' and manufacturers', end of quarter,
total
mil of Ib
Domestic:
Cigar \OQ£
do
Air-cured, fire-cured, "flue-cured, and miscelForeign grown:
Cicar leaf
Cigarette tobacco
Exports including scrap and stems
do
do
thous of Ib
Manufactured products:
Chewing plug and twist
do
Smoking
.
__do
Snuff
do
Consumption (withdrawals) :
Cigarettes (small):
Tax-free
.millions..
Tax-paid
-.
- do
Cigars (large), tax-paid
thousandsManufactured tobacco and snuff, tax-paid
thous. of lb_.
Exports cigarettes
millions
Price, wholesale (composite), cigarettes, f. o. b.,
destination
_ _ dol. per thous..
2,599
0)
471, 237
84,350
747, 453
743, 698
3,755
2,022
1,668
1,021
707
397
423
1,423
2,878
3,438
3,818
3,246
43,899 116, 207
642, 038 391, 859
132, 227 165, 441
924, 533 733, 977
921, 391 ' 729, 920
3,242
4,057
548, 576
402, 253
133, 168
523, 702
519, 358
4,344
766, 441
252, 307
99,018
539, 902
537, 257
2,645
418, 627
306, 744
309, 803
527, 904
525, 835
2,069
72, 870
404, 682
174, 121
511, 962
508, 537
3,425
31, 605
379, 389
119, 554
503, 096
501, 508
1,588
24 382
584 423
148, 180
620 674
618 495
2,179
17 572
572 778
243, 296
565 982
565, 226
756
28 821
593 854
241, 671
738 858
735, 153
3,705
45 324
550 711
210 870
848 052
845 966
2,086
1,625
1,695
1,525
693
1,564
5,976
1,573
64, 433
1,489
82, 827
1,178
139, 962
233. 873
125, 411
201, 313
6,238
32, 505
r 18, 555
37, 980
' 18, 544 37, 789
387, 307
337, 769
49, 504
49, 421
49, 111
269, 725
203, 875
65, 850
37, 933
37, 307
309, 350
235, 773
71. 760
55, 147
54, 244
956
1,879
617
2,379
404
2,403
879
1,475
1,446
1,133
1,708
977
342,089
232, 097
104, 072
23,401
23,398
342, 392
272, 690
61, 901
28,259
23,684
243,822
225, 129
5,581
28, 272
28, 259
250, 846
242, 278
1,416
27, 763
26, 639
197, 959
190, 878
7,076
24, 521
24, 511
66, 038
66, Oil
0
50
0
.058
.059
.060
.060
.059
.057
.058
.056
.055
.055
.057
.058
.093
.077
6,129
.093
.077
7,877
.093
.077
8,443
.093
.079
7,702
.093
.079
9,327
.093
.079
6,289
2.462
.079
7,628
2.461
.077
7,943
2.456
.076
* 13, 773
2.455
.076
9,550
2.454
.076
10, 131
.454
.076
p3
3,690
3,509
1, 970
* 1, 932
3,880
3,944
367
330
316
402
2,970
3,206
3,404
3,371
23
149
33, 402
8,218
30,563
6,606
61,963
9,088
20
134
76, 768
^ 483
56, 720
7,261
37, 675
6,903
19
141
50, 151
4,758
16, 052
8,355
19,049
6,368
19
152
28, 203
7,930
44, 167
6,530
36, 823
8,121
21, 740
8,558
9,747
3,435
16, 625
6,918
7,311
2,396
22, 986
8,839
10,308
3,838
22, 565
8,345
10, 579
3,641
22,434
7,774
10,997
3,664
19, 675
7,072
9,055
3,547
17, 119
6,643
6,971
3,505
18, 982
7,566
8, 483
2,933
17, 867
7,023
7,919
2,925
22, 031
8,085
10, 199
3,747
18, 099
6,354
8,391
3,353
19, 159
6,568
9,189
3,402
3,236
32, 849
519, 509
2,155
25,806
422, 496
3,041
35, 347
516, 208
2,680
31, 743
532, 446
2,777
29,194
534, 274
2,215
29, 657
508, 626
2,432
24, 776
386, 169
1,973
29,290
424, 088
2,178
25, 645
415, 318
2,146
32, 036
453, 631
1,974
25,829
383, 345
2,395
32, 674
424, 870
2,594
32, 815
471, 152
20,583
1,611
16, 625
1,449
22, 869
1,476
'23,674
1,720
21, 975
1,523
19, 324
1,341
16, 556
1,893
19,286
903
17, 354
969
21,941
1,464
18, 176
1,157
18, 998
1,017
20, 095
6.862
6.862
6.862
6.862
6.862
6.862
6.862
6.862
6.862
6.862
6.862
6.862
6.862
23,838
276
356
2,924
2,335
20,421
251
162
3,752
1,381
22, 115
170
184
3,743
2,040
18,683
'154
122
3,052
3,013
20,781
177
160
4,269
2,348
.425
.207
.440
.213
.431
.208
.450
.220
LEATHER AND PRODUCTS
HIDES AND SKINS
Imports total hides and skins
thous. of Ib
Calf and kip skins
thous. of pieces. _
Cattle hides
do
Goatskins
do
Sheep and lamb skins
do
Prices, wholesale (Chicago):
Calfskins packers' 8 to 15 Ib
dol. per Ib
Hides steer packers' heavy, native
do
11,942
44
103
4,005
965
14, 082
23
27
3,319
2,726
16, 951
118
35
2,657
4,076
15, 569
145
41
2,312
3,276
16,028
120
47
2,771
2,571
16, 499
116
77
2,688
2,723
18, 503
110
172
3,041
1,811
.398
.214
.385
.209
.410
.238
.421
.246
.425
.244
.425
.245
.445
.232
.450
(6)
.484
.245
LEATHER
Production:
886
861
831
941
867
925
902
877
885
'814
829
571
Calf and kip
thous. of skins. _
1,874
1,964
1,869
1,565
1,985
1,974
1,974
1,880
1,949
2,115
1,949
1,853
Cattle hide
thous. of hides ,
3,008
2,743
3,034
2,794
3,016
2,956
2,371
2,743
2,960
3,514
2,821
3,194
Goat and kid
thous. of skins
2,193
1,818
2,599
2,509
2,677
2,687
2,128
2,399
2,675
2,566
2,625
2,706
Sheep and lamb
_ do
Exports:
Sole leather:
70
5
92
60
9
93
57
82
25
52
87
Bends backs, and sides
thous. of Ib
13
73
41
10
21
49
6
116
39
31
106
19
27
Offal, including belting offal
do
3,462
2,886
3,246
2,802
3,938
2,882
3,203
2,990
2,906
4,016
2,594
2,471
Upper leather
thous. of sq. ft
Prices, wholesale:
.555
.559
.559
.549
.549
.539
.549
.568
.564
.539
.539
.539
Sole, bends, steer, f. o. b. tannery
dol. per lb__
.539
Chrome calf, black, B grade, composite
.975
.977
1.024
.975
.975
.988
.991
.991
1.016
1.017
1.034
dol. per sq. ft_.
1.027
1.037
' Revised.
i Corrected monthly figures are not available; January-July 1949 total (including revisions for January and February) is 218,055 short tons.
»3 Price for 5 pounds; quotations prior to 1950 are for 1-pound package.
5
December 1 estimate.
* July 1 estimate,
No quotation.
cf See corresponding note on p. S-30 of the October 1949 SURVEY.
M OTE FOB JLUMBER SERIES, p. S. 31.—Exports of sawmill products for 1948 have been adjusted to exclude box shooks, in accordance with the revised commodity classification effective
January 1949. Revisions for January-July 1948 are shown in a footnote on p. S-38 of the October 1949 SURVEY.
Minor monthly revisions for total lumber (production, shipments, and stocks) and West Coast woods (orders, production, shipments, and stocks) for 1946-48—since publication of the
1949 STATISTICAL SUPPLEMENT—are available upon request. Revised data for Western pine for January 1947-March 1948 are shown in the above-mentioned note.
August
SURVEY OF CURRENT BUSINESS
1950
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
S-31
1950
1949
July
June
August
September
October
November
December
January
February
March
April
May
June
LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES
Shoes and slippers:§
Production, total
thous. of pairs
Shoos, sandals, and play shoes, except athletic,
total
thous. of pairs
By types of uppers :cf
All leather
do
P?rt leather and nonleather
do
By kinds:
Men's
_ do
Youths' and boys'
do
Women's
do _
Misses' and children's
do
Infants' and babies'
do.
Slippers for housewear
do__ _
Athletic
do
Other footwear
. do. __
Exports
do
Prices, wholesale, factory, Goodyear welt, leather
sole:
Men's black calf oxford, plain toe__dol. per pair__
Men's black calf oxford, tip toe
do_
Women's black kid blucher oxford
do
' 39, 978 ' 34, 456
r
' 35, 242 ' 29, 924
r
r 8, 482
«• 1, 654
r 17, 424
* 4, 489
r 3, 193
r 4, 240
••267
r229
287
9.653
6.600
5.150
40, 033
•• 6. 434
8,753
1,808
' 15, 910 r 21, 467
' 3, 764
5,005
r 2, 342
3,000
5,821
' 4, 077
••233
'319
'222
'265
r 1 , 474
334
527
9.653
6.600
5.150
9.653
6.600
5.150
•• 43, 007
r
39, 677
r
34, 959
r 35, 593
38, 696
39, 259
«• 35, 981
r
32, 345
r
27, 956
«• 31, 220
35, 822
36, 209
33, 170
2 651
46, 438
' 8, 076
r
1, 289
14, 050
r
4, 538
r
3, 267
r
3, 925
r
232
'216
8,148
1 207
17, 974
5 134
3,359
2, 425
348
220
229
229
9. 555
6.600
5.150
9.555
6.600
5.150
9. 555
6 600
5.150
r
8,460
8, 300
1,725
«• 1, 627 •
' 18, 728 «- r15, 495
4. 1 63
4,377
r
2, 691
2, 760
r
6,399
6, 718
••314
'318
r
296
••313
r
r 7, 256
r
1, 147
12, 887
T
3, 957
r
2, 709
^ 6, 497
••279
r227
406
409
365
9.653
6.600
5.150
9.604
6.600
5.150
9.555
6.600
5.150
f
46, 496
* 38, 058
38, 368
42 861
«• 34, 320
34, 242
33, 264
3 023
38 629
3 940
29, 814
3 477
7,982
1 203
18, 709
5 109
3,206
2,569
9,421
1 378
22 577
5 762
r
3 723
3,198
«• 7, 842
>• 1 105
'r17, 468
4 670
«• 3, 235
r 3, 237
247
234
319
r
277
275
337
8,289
1 283
16, 955
4 542
3, 173
3, 566
307
317
243
257
9.555
6 600
5.150
9.555
6 750
5. 150
34, 383
38, 682
255, 642 ' 262, 114
38, 178
275, 382
9.555
6 600
5 150
r277
r224
9. 555
6 750
5 150
LUMBER AND MANUFACTURES
LUMBER—ALL TYPES
Exports, total sawmill productsi_ _ _ M b d . ft_.
Im ports, total sawmill products
_ do
National Lumber Manufacturers Association:
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—
Hardwoods}
__
do
Softwoods}
do_
SO FT WOODS
Douglas fir:
Exports, total sawmill products
M bd. f t _ _
Sawed timber
do
Boards, planks, scantlings, etc
do_
Prices, wholesale:
Dimension, No. 1 common, 2" x 4" x 16'
dol. per M bd. ft—
Flooring, B and better, F. G., 1" x 4", R. L.
dol. per M bd. ft..
Southern pine:
Orders, new ..
. _ mil. bd. ft
Orders, unfilled, end of month
do
Production _ _ _ _
_ _ _ _
do__
Shipments
do
Stocks, gross (miil and concentration yards), end
of month
mil. bd. ft
Exports, total sawmill products
M bd. f t _ _
Sawed timber
_
do
Boards, planks, scantliners, etc
do
Prices, wholesale, composite:
Boards, No. 2 common, 1" x 6" or 8" x 12'
dol. per M bd. ft
Flooring, B and better, F. G., I" x 4" x 12-14'
dol. per M bd. ft—
Western pine:
Orders, new
mil. bd. ft
Orders, unfilled, end of month
do
Production}
do
Shipments} _
do
Stocks, gross, mill, end of month
do_
Price, wholesale, Ponderosa, boards, No. 3 common, 1" x 8" _
dol. per M bd. ft
West Coast woods:
Orders, new}
mil. bd. ft
Orders, unfilled, end of month}
„ do
Production}
do
Shipments}
do
Stocks, gross, mill, end of month}__
do.
60, 234
121,115
44, 549
100, 173
61, 796
123, 729
74, 533
146, 878
52, 514
170,493
62, 046
200, 847
44, 529
173, 518
33, 746
167, 262
34, 469
166, 228
3,027
514
2,513
2,963
444
2,519
2,664
497
2,167
2,608
460
2,148
3,201
566
2,635
3,146
544
2,602
3,126
564
2,562
3,210
578
2,632
3,049
604
2,445
3,225
606
2,619
3,087
649
2,438
3,364
732
2,623
2,953
656
2,297
2,983
662
2,321
2,387
633
1,754
2, 633
697
1,936
2,463
601
1,862
2,865
689
2,176
3,091
669
2,422
3, 343
739
2,604
3,227
688
2,539
3,220
683
2,537
3, 570
752
2, 824
3, 683
776
2,907
3,579
754
2, 825
3,600
703
2,897
7,298
2,227
5,071
7, 354
2,264
5,090
7,409
2,286
5,123
7,324
2,272
5,052
7,207
2,270
4,937
6,881
2,187
4,694
6,851
2,181
4,670
7,028
2,478
4,550
6,976
2,390
4,586
6,277
1,960
4,317
6, 350
1,966
4,384
6, 117
1,941
4,176
6, 096
1,992
4,104
27, 606
9,681
17, 925
20, 594
4,852
15, 742
31, 062
5,474
25, 588
42, 275
9,054
33, 221
24, 305
5,008
19, 297
30, 784
7,884
22, 900
18, 685
3,882
14, 803
10, 916
4,437
6,479
11, 965
5, 379
6,586
14, 600
3,977
10, 623
15, 425
5,145
10, 280
9,331
2, 125
7,206
67. 568
64. 680
63. 896
62. 720
62. 720
62. 720
63. 210
64. 484
66. 640
67. 620
69. 090
72. 324
0)
118.058
114. 660
114. 660
114. 660
108. 780
105. 448
104. 860
102. 900
103. 635
105. 840
105. 840
109. 368
0)
690
228
703
723
697
247
670
678
913
340
744
820
842
372
782
810
765
374
701
763
711
304
760
781
627
253
756
678
714
291
703
676
802
397
667
696
749
361
766
785
770
385
758
746
982
488
798
879
840
469
797
859
1,740
9,934
3,457
6,477
1,732
9,028
3,016
6,012
1, 656
9,218
2,737
6,481
1,628
8,869
2,488
6,381
1,566
8,468
2,376
6,092
1, 545
9,226
3,298
5,928
1,623
7,925
2,791
5,134
1,650
9, 104
2, 688
6,416
1,621
8,269
2,178
6,091
1,602
6,813
1, 584
5,229
1,614
8,602
2, 562
6,040
1, 533
8, 860
1, 920
6,940
1,471
59. 033
59. 479
61. 173
63. 326
64. 311
65. 008
65. 467
65. 765
65. 618
65. 986
66. 176
69. 342
72. 128
139. 374
139. 200
136. 484
138. 542
139. 583
140. 256
140. 256
141. 114
139. 472
139. 410
139. 165
141. 892
142. 770
684
539
712
643
1,713
643
607
628
578
1,763
673
629
721
655
1,829
693
699
637
626
1,840
643
734
617
669
1,847
630
759
563
627
1,724
624
767
477
569
1,632
461
757
264
405
1,491
467
755
326
439
1,377
584
763
477
582
1,272
619
783
586
597
1,261
721
719
729
697
1,293
828
758
837
789
1,341
65.20
62.54
59.21
57. 02
57.56
58.00
59.18
60.37
61.26
62.72
64.13
60. 22
68.53
772
397
821
887
876
743
469
638
671
843
931
555
873
846
870
954
595
855
913
811
926
620
852
902
761
884
575
838
929
671
788
520
830
842
659
919
800
575
636
567
748
848
644
796
766
995
807
921
968
727
1,044
902
927
929
790
917
878
994
1,027
631
905
844
886
938
579
160, 820
170, 171
71, 285
109, 213
115, 035
65, 774
182, 204
185, 191
62, 868
181, 644
182, 512
62, 278
189, 159
191, 511
59, 664
189, 244
193, 447
55, 304
192, 454
198, 390
49, 189
175, 484
168, 635
55, 268
177, 577
177, 905
55, 322
235, 291
237, 000
53, 878
207, 431
206, 840
53, 638
228, 278
223 qi7
56, 727
4,299
6,872
5, 246
4.651
8,843
4,275
6,875
4, 650
4,000
9,300
4,200
6,300
4, 900
4, 550
9,700
4,300
6, 600
4,325
3,950
10, 150
4,800
6,850
4,175
4,575
9,650
4, 525
7, 125
4,375
4,200
10, 000
4,325
5,900
4,450
4,250
10, 025
5, 400
7,225
4,225
4,225
9,925
5,275
8,250
4,125
4,450
9,650
7, 150
9,850
4, 850
5,450
9,050
5,800
11,050
4, 025
4,625
8,275
7, 525
12.675
5, 225
5, 325
8, 150
SOFTWOOD PLYWOOD
Production
thous. of sq. ft., %" equivalent- _
Shipments
do
Stocks, e n d o f month _ _ _ _ _
do
HARDWOOD FLOORING
Maple, beech, and
Orders, new
__
Orders, unfilled,
Production _ _
Shipments
Stocks, mill, end
birch:
__ _
end of month
_ _ _
of month
_
r
M bd. ft
do
do
do
do
5,425
12, 475
5, 425
f>, 550
7, COO
Revised.
1 No quotation.
§ Data beginning 1949 have been revised to inclu de reports from addil ional com oanies (ace ounting for about 4 p ercent of t()tal produc tion in 1949) and, the refore, are not compa rablc with
earlier figures; revisions for January-May 1949 will be3 shown lat er.
cf The figures include a comparatively small nui iber of "ot her footwe ar" which is not shovra separate.ly from sh oes, sanda s, etc., in the distribiition by ty pes of upr)ers; there iire further
small differences between the sum of the figures and the totals for shoes, sandals, an d play shoes, because the latter , and also t he distribiition by kj nds, induele small re visions not available
by types of uppers. Data through 1949, shown prioi• to this issue of the S URVEY, CO vered fewei* reporting companies (see note '§" above)
|See note at the bottom of p. S-30 of this issue re garding re vised lumt er series.
SUKYEY OF CUEEENT BUSINESS
S-32
Unless other-wise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
Aumist 1950
1950
1949
June
July
August
September
October
November
December
January
February
March
April
May
June
84 121
95 723
91 649
95 087
24, 696
LUMBER AND MANUFACTURES—Continued
HARDWOOD FLOORING— Continued
OakOrders new
Orders, unfilled end of month
Production
Shipments
Stocks, mill, end of month
M bd ft
do _
do
do
do
56, 87G
31.908
66, 584
62, 825
66, 232
62, 722
30, 229
58, 250
61, 691
62, 791
78, 066
35, 029
70, 606
73, 266
57, 135
87, 382
47, 846
71 , 309
74, 565
53, 879
85, 525
55, 918
72, 162
77, 453
47, 202
74,615
55,715
72, 953
74, 818
44, 201
71. 891
61, 488
69, 066
66, 118
47, 149
85 965
75, 816
71, 038
71 637
45, 612
91 090
95, 627
68, 334
71 297
41, 201
93 988
102, 330
81,049
87, 285
34, 965
78 601
102 115
75, 243
78 816
31,392
9? 625
106, 689
86, 791
88, 051
28, 134
METALS AND MANUFACTURES
IRON AND STEEL
"Foreign trade:
Iron and steel products (excl. advanced mfrs.):
Exports, total
short tons
Scrap
do .
Imports total
do
Scrap
do
599, 093
50, 866
109, 133
91, 838
507, 212
23 210
55, 745
52, 359
509, 644
27, 342
50, 667
43, 207
521, 543
22, 423
19, 327
5,618
255, 787
20,319
25, 247
17, 086
187, 451
17, 557
62, 358
11, 924
372, 573
18, 189
62, 501
18, 930
298, 605
13, 552
69, 136
33, 468
279, 565
14, 603
51, 136
3,606
273, 036
14, 481
97 848
15, 832
256, 602
18, 151
102 857
18, 408
289, 000
18. 575
136, 730
21, 090
4,398
2,500
1,898
5,824
1,751
4,073
3,800
2,241
1,559
5,748
1,820
3,928
4, 756
2,747
2,009
5,351
1,789
3,563
4,631
2, 658
1,973
4,824
1, 531
3, 293
1, 664
3,401
1, 795
1,606
5, 497
1,693
3,804
5,320
2, 824
2, 496
5,718
1,642
4,076
5, 495
2, 956
2, 539
5 400
1.548
3, 852
5,084
2 677
2 407
5 154
1,468
3,686
5, 714
2 992
2, 722
4 740
1,343
3,397
5,733
2,988
2, 745
4,511
1,315
3,196
5,973
3, 115
2 858
4, 646
1,371
3,275
12, 923
13, 750
7,112
12, 757
13, 696
6,172
11,986
12, 582
5, 576
10, 164
10, 421
5,319
1,591
4, 456
709
2, 049
2,079
4,407
2, 816
1,649
5,575
2,777
1, 524
6,831
2,492
1,245
8,077
2 496
1, 150
9,424
2,999
2,087
10, 337
10, 740
10,770
10, 306
12,141
6,249
27, 696
24, 957
2,739
12, 768
5,258
35, 064
31,493
3,571
946
11,315
5,711
40,811
36, 084
4,728
1,025
9, 461
5, 541
45, 356
39, 346
6,010
1, 575
877
47, 017
39, 585
7, 432
461
171
6, 760
38, 629
32, 544
6, 085
0
6, 740
32, 004
26, 710
5, 294
0
5,329
26, 745
22, 103
4, 642
509
579
334
9, 496
7, 362
14, 384
11,544
2,840
601
0
5,948
20, 865
16, 829
4, 035
349
7,109
14, 099
11, 033
3, 066
968
1,103
3, 520
44, 786
37, 848
6, 939
60
42
46
50
44
60
80
47
55
61
68
64
1,087
906
1,032
697
1,048
872
980
881
955
716
939
719
892
862
Iron and Steel Scrap
Consumption, total
thous. of short tons .
FTome scrap
do
Purchased scrap
do
Stock's consumers' end of month total
do
Home scraD
do
Purchased scrap
do
765
899
5,340
1,737
3, 603
Ore
Iron ore:
All districts:
Production
thous of long tons
Shipments
do
Stocks end of month
do
Lake Superior district:
Shipments from upper lake ports
do
Consumption by furnaces
do_ _ _
Stocks, end of month, total
do
At furnaces
_ __
do
On Lake Erie docks
do
Imports
do
Manganese ore, imports (manganese content)
thous of long tons
642
654
348
11.738
7,227
19, 189
15, 997
3,192
678
Pig Iron and Iron Manufactures
Castings, gray iron:
Unfilled orders for sale
thous. of short tons.Shipments, total
_
_ _
do_ _
For sale
do
Castings, malleable iron:
Orders, new, for sale
short tons
Orders, unfilled, for sale
do. _.
Shipments, total
do
For sale
do
Pig iron:
Production
thous. of short tons
Consumption
do
Stocks (consumers' and suppliers'), end of month
Prices, wholesale:
Composite
_
Basic (furnace)... _
342
446
23, 560
69, 865
59, 597
32, 639
24, 147
70, 796
44, 360
23, 216
4,819
4,573
4,173
4,054
1 942
455
914
913
417
922
996
922
981
978
1,095
1,040
1, 136
450
25, 392
54, 322
57, 150
28, 582
26, 723
55, 795
49, 439
25, 250
34,719
66, 835
57, 379
29, 679
34, 390
62, 307
62, 874
32, 918
35, 991
67, 049
60, 386
31, 249
41,456
69, 866
66, 259
38, 639
42, 663
76, 250
69, 822
36, 279
43, 256
77, 074
76, 161
42, 432
56, 322
86, 783
82, 345
46, 613
4, 350
4, 495
612
753
2,722
2,773
5, 231
5, 215
5,294
5 285
4, 173
4,357
4,601
4,779
5,577
5, 548
5,855
5,827
5, 633
398
20, 861
61,330
58,121
30, 327
26, 828
57,512
60, 4S8
30, 646
4,477
4,604
500
484
573
613
2,013
1,847
2 230
1,616
1 446
1 499
1 44 1
1 299
1 138
1,144
1 168
46.62
46.00
46.50
46.62
46.00
46. 50
46. 62
46. 00
46. 50
46. 68
46. 00
46. 50
46.68
46. 00
46. 50
46. 68
46. 00
46. 50
46. 68
46. 00
46. 50
46. 68
46. 00
46.50
46. 85
46. 00
46.50
47.28
46. 00
40. 50
47.28
46.00
46.50
47.28
46. 00
40.50
47.28
46. 00
46.50
116,052
84,112
26, 940
78, 710
50, 124
14, 625
89, 964
59,412
13, 348
86, 502
55, 853
11, 823
70, 690
48, 263
8,964
76, 437
50, 685
7, 270
84, 508
53, 079
9,258
88, 821
57 996
9,298
91. 827
62, 045
10, 920
111,772
77, 588
15, 281
106, 964
75, 133
17, 406
117, 944
83, 845
20, 552
130, 491
94, 637
27, 065
376, 761
310,182
66, 579
100, 756
77, 877
22, 879
348, 239
293, 206
55, 033
70, 129
55, 072
15, 057
311,923
257, 259
54, 664
95, 794
73, 630
22, 164
294, 240
250, 239
44, 001
88, 417
71,781
16, 636
280, 291
231, 849
48, 442
81, 278
65, 651
15, 627
286, 897
240, 715
46, 182
72, 859
56, 455
16, 404
307, 656
263,816
43, 840
78, 266
61, 765
16, 501
327, 035
280, 023
47, 012
92, 994
73, 458
19, 536
340, 955
294, 251
46, 704
92, 547
73, 440
19, 107
350, 358
287, 874
62, 484
108, 677
87. 745
20 932
357, 238
297, 032
60, 206
99, 193
80, 950
18, 243
372, 804
311, 811
60, 993
113, 657
93, 459
20, 198
408, 345
342, 535
65, 810
117, 333
96, 061
21, 272
6, 505
82
' 5, 785
71
r 6, 723
82
' 6, 598
84
••928
11
' 4, 223
53
' 7, 728
95
7, 930
94
6,793
89
7,487
89
8, 213
100
8, 552
101
8,131
99
dol. per long ton
do
Foundry, No. 2, f. o. b. Neville Island
440
873
864
395
459
do
Steel, Crude and Semimanufactures
Steel castings:
Shipments, total
short tons
For sale total
do
Railway specialties
do
Steel forgings, for sale:
Orders, unfilled, total
do
Drop and upset-.
_do
Press and open hammer
do
Shipments, total
do
Drop and upset
do
Press and open hammer.
do
Steel ingots and steel for castings:
Productioncf
thous. of short tons__
Percent of capacitytcf
Prices, wholesale:
Composite, finished steel
dol. per l b _ _
Steel billets, rerolling (producing point)
dol. per long ton__
Structural steel (Pittsburgh)
dol.perlb-.
Steel scrap, heavy melting (Pittsburgh)
dol. per long ton..
r
.0420
.0420
.0420
.0420
.0420
.0420
.0427
.0438
.0438
.0438
. 0438
. 04.38
.0438
58. 24
.0350
58.24
.0350
58.24
.0350
58.24
.0350
58.24
.0350
58. 24
. 0350
58. 80
. 0363
59.36
.0375
59.36
.0375
59.36
,.0375
59.36
.0375
59. 36
0375
59.36
.0375
23.00
21.00
21.00
27.75
29.38
31.38
31.00
30.00
31.63
31.60
32.88
37.00
43.90
5,197
2,087
5,815
1,833
5,645
1,990
5,401
2,419
5,361
1,694
5,298
1,682
26
4.592
1, 956
4,863
1,635
4,937
1,758
4,745
2,095
31
4,659
1 721
4,410
1 967
28
35
4, 856
2 089
Steel, Manufactured Products
Barrels and drums, steel, heavy types:
Orders, unfilled, end of month
.-thousands..
Shipments
do
Stocks, end of month
do
29
30
33
28
49
61
42
31
36
' Revised.
^Revised data for January-May 1949 are as follows: Production (thous. of short tons)—8,197; 7,494; 8,402; 7,796; 7,599; percent of capacity—100; 102; 103; 99; 93.
{For 1950, percent of capacity is calculated on annual capacity as of January 1, 1950 of 99,392,800 tons of steel; 1949 data are based on capacity as of January 1,1949, 96,120,930 tons.
NOTE FOR NONFERROUS MINE PRODUCTION, p. S-33.—Revised data for January-May 1949 are as follows (short tons): Copper—50,002; 56,410; 77,912; 72,843; 67,412; lead—
33,203; 32,667; 39,916; 37,215; 37,006; zinc—51,966; 53,235; 62,395; 59,571; 56,304.
SURVEY OF CURRENT BUSINESS
August 1 5
9 0
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
S-33
1950
1949
June
July
August
September
October
November
December
January
February
March
April
May
June
METALS AND MANUFACTURES—Continued
IRON AND STEEL— Continued
Steel, Manufactured Products— Continued
Cans, metal, shipments (in terms of steel consumed),
total
short tons
Food
do
Nonfood
do
Shipments for sale
do
Commercial closures, production
millions
Crowns, production. „
thousand gross. _
Stool products, net shipments:
Totalr
thous of short tons
Ba s, hot rolled— Carbon and alloy
do
Reinforcing
__
do
Semimanufactures
do _
Pipe and tubes
do
Plates-. _ _ _
_
do__
Rails
do
Shoots
.
do _.
Strip— Cold rolled
do
Hot rolled.. _ do
Structural shapes, heavy
do
Tin plate and terncplate.
do
Wire and wire products
do
303, 921
208, 633
95, 288
259, 026
779
27, 559
314,372
5, 177
564
141
139
623
517
4,535
211
1,355
121
150
327
387
347
489, 794
383, 603
106, 191
444, 976
920
29, 709
416, 974
31 2, 538
104, 436
371, 691
910
4,918
465
156
136
648
481
196
1, 377
106
153
300
322
334
5,236
432
125
125
550
464
182
1,290
76
125
290
418
241
55, 777
182, 171
644
092
552
522
874
19, 936
227, 359
150, 987
76, 372
198, 034
811
19, 554
219, 119
146, 653
72, 466
184, 918
831
16, 767
935
89
31
18
121
51
1
316
64
38
8
81
71
3,297
524
162
125
655
467
162
1,497
122
179
309
394
386
325
125
104
400
290
31
990
78
90
215
246
268
5,411
606
138
220
653
519
141
1, 500
137
104
341
320
419
52, 001
276. 727
49, 742
245, 978
45, 790
252, 431
35, 865
243, 748
41, 161
259, 203
.0575
.0651
. 0725
.0737
.0775
.0775
90.4
18 6
71.7
42.8
.277
104.2
24.0
80.2
49.3
.282
123. 4
27 6
95.8
65.3
.282
135.3
2Q 1
106.2
75.9
.282
107.1
26 3
80 7
54.1
.286
119.8
26 8
93 1
61.2
.287
219, 067
95, 305
282, 977
746
26, 984
285,
188,
97,
252,
25,511
209,
130,
72,
176,
r
187
899
288
582
951
21, 365
198, 279
236. 413
121,128
138,019
77, 151
163, 010
908
22, 066
98, 394
192, 993
1,061
26, 281
5 483
620
122
228
671
456
151
1 1, 572
141
176
325
348
424
5, 135
602
101
220
633
346
125
1
1, 502
141
167
309
329
408
5 723
652
116
230
658
441
125
1 1,719
151
182
331
363
464
50, 668
142, 324
58, 747
253, 181
58, 024
248 354
61, 929
225 388
60, 400
.0775
. 0775
. 0746
. 0725
. 0757
. 0864
129.5
28 8
100 7
68.5
.287
140.2
28 9
111 3
77.0
.287
184.9
35 8
149 0
107.4
.287
162. 7
33 4
199 4
89 4
.292
163. 6
36 0
127 5
85' 7
.312
175.1
37 0
137 5
92 7
. 330
r 74, 522
224, 203
130, 753
93, 450
187, 980
950
25, 353
r
r
282, 923
104, 147
118,770
241, 985
r
1, 087
30, 531
1 104
33, 036
6 253
702
138
241
803
407
189
1
1, 708
154
200
304
432
456
5 780
640
122
225
743
438 i
164
1
1, 080
140
179
333
366
429
NONFERROUS METALS AND PRODUCTS
Aluminum:
54, 184
Production, primary
short tons..
262, 247
Imports, bauxite
_ long tons
Price, wholesale, scrap castings (N. Y.)
. 0605
dol. per l b _ _
Aluminum fabricated products, shipments, total
103. 9
mil. of lbs__
23.3
Castings
do
80.7 !
Wrought products total
do
48.1
Plate, sheet, and strir) _
_ do
.276
Brass sheets, wholesale price, mill
do!, per lb__
Copper:
Production:
Mine production, recoverable copper 6"
short tons__ ' 61, 254
Crude (mine or smelter, including custom in72, 051
take).
...
short tons
92, 118
Refined
do
45, 653
Deliveries, refined, domestic
do
166, 925
Stocks, refined, end of month
do
17, 066
Exports, refined and manufactures
do
46, 570
Imports, total
_
do
20, 221
Unrefined, including scrap
do
26, 349
Refined-- _
_ ._
do
.1634
Price, wholesale, electrolytic (N. Y.)_-dol. per Ib
Lead :
Oro (lead content):
Mine production cf
short tons__ r 36, 278
36, 654
Receipts by smelters, domestic ore
do
Refined (primary refineries):
45, 455
Production f
do
29. 132
Shipments (domestic) t
do
96. 367
Stocks, end of monthf
do
Price, wholesale, pig, desilverized (New York)
.1200
dol. per lb_Imports, total, except mfrs. (lead content)
71, 661
short tons
Tin:
3,346
Production, pig __ _ _
long tons
Consumption, pig
_
do
4, 161
43, 431
Stocks, pig, end of month, total §.
do
33, 704
Government§
do
9,727
Industrial... _ .__
do
Imports:
Ore (tin content)
do
2, 108
4,049
Bars, blocks, pigs, etc
do
1. 0300
Price, wholesale, (Straits N. Y.)
dol per Ib
Zinc:
' 54, 557
Mine production of recoverable zinc cf .short tons
Slab zinc:
Production- _ _ _ _ _ _ _ _
do
73, 989
Shipments, total. _ _
do
66, 900
Domestic
do
44, 820
Stocks, end of month
do._
82, 919
Price, wholesale, prime Western (St. Louis)
.0955
dol. per lb_.
Imports, total (zinc content)
short tons..
30, 534
For smelting, refining, and export
do
6,873
For domestic consumption:
O r e (zinc content)
___
do
15, 093
Blocks, pigs, etc
do
8,568
•• 56, 615
r
55, 898
62, 449
85, 638
45,316
212, 817
10, 349
33, 829
14, 414
19, 415
.1706
62, 279
85, 577
90, 739
217, 167
8, 695
45, 372
24, 372
21, 000
.1733
' 29, 836
32, 126
T
34, 021
32, 255
37, 754
33, 581
75, 285
38, 332
32, 502
91, 834
' 58, 111 «• 60, 515
80, 598
92 602
117 133
139, 199
13, 075
41 786
21,811
19 975
.1806
52, 023
232, 796
' 66, 044 ' 69, 734
64, 870
79, 949
103,115
193, 890
14,214
38, 177
15, 745
22, 432
.1733
T
r
30, 607
30,101
34, 928
28, 298
60, 208
69, 052
86, 882
108, 192
164, 464
9,388
37, 231
25,102
12, 129
.1733
r
29, 887
29, 497
40 246
22, 095
64, 859
r
33, 225
36, 329
48 500
36 799
65 005
r
71, 464
67, 296
76, 083
73, 351
80, 390
94 947
107 662
116, 027
25, 049
59 117
39, 274
19 843
.1820
85, 626
95 229
111, 008
101, 070
12, 165
50 114
25, 647
30 467
.1820
80 756
94 036
II 9 773
77, 472
20, 748
61 382
39, 703
21 019
.1820
90, 335
113 440
123 030
60, 276
19, 021
45, 304
26, 501
18 803
.1820
83 782
103 293
101 729
57, 028
17 120
34 520
15, 658
18 802
. 1864
«• 36, 047
37, 888
36, 007
35, 031
34, 794
36 452
38, 678
38 457
48 896
22 738
70 424
47 512
25 683
76, 529
41 070
21 855
79 143
49 104
22 358
88, 581
r
75, 108
83 262
112 .388
113 837
51 , 020
14 004
GO 1 14
27, 083
39 031
. 1901
90 334
113 901
120 047
50, 327
35, 612
35 513
' 37, 837
39 099
36, 240
35 811
48 196
33' 751
80 309
48 989
45 702
70 236
44 490
35 774
GO 025
.1181
.1356
.1503
.1505
.1342
. 1252
.1200
.1200
.1200
.1096
. 1003
.1172
9,300
30, 856
19, 240
28,159
25, 951
27, 350
31, 286
33. 924
26, 197
32 787
54 917
3,129
3, 990
40, 679
31,146
9, 533
3, 307
5,045
31,416
21,703
3,171
4, 852
30, 287
20, 873
9.414
3,246
2,411
32, 070
22, 403
9,067
3 313
3,925
35, 165
23 129
12 036
3 081
4 005
35, 777
22 452
13 325
2, 332
6, 434
3 284
6, 458
1. 0300
1.0209
4 899
7, 558
.9572
4 122
4,881
.9119
.2200
9, 713
2,210
3, 318
1. 0300
' 39, 933
T
45, 289
' 42, 268 r 39,219
2
4
2 39,
25
13
987
941
827
991
145
2
2
5
43
25
17
652
131
875
816
104
3 137
5, 799
2 43, 890
23 396
19 673
2
2
5
42
23
18
743
488
270
488
497
2
3
6
43
23
19
185
120
417
489
230
. 7904
2 549
7,409
. 7593
1 383
8, 184
.7435
1 755
4,972
.7569
1 392
2 941
.7043
374
10 434
.7750
. 7709
' 42, 447 r 46, 019
43, 793
46, 187
51, 212
49, 113
'51,785
49, 490
77
85
74'
59,
75
83
73
52,
r
1 7Q3
2,915
877
133
389
520
79 045
90 346
71 101
41,819
.0994
25, 530
983
. 1000
20, 593
17S
.1197
27, 202
0
15 625
14 940
13 382
11 165
7 044
13 371
13 309
13 8()3
10, 595
70 978
10, 534
79 029
11,144
90 780
12,573
96 634
15,349
99 9g(;
2,678
5,806
2, 900
5,655
3,015
6,186
2,440
7.056
7.505
74, 569
72, 080
62, 443
85, 408
73, 819
74, 339
68, 659
84, 888
70, 368
70, 228
60, 371
85, 028
64, 399
51 , 761
43, 998
97, 666
65 055
73 702
63 859
89, 019
71
60
57
94,
327
125
801
221
69 948
82 132
69 020
82, 037
69
84
79
67,
.0936
21, 113
5,669
.1000
24, 756
3,839
.1001
23, 198
1,692
.0932
20, 507
1,109
.0975
28, 454
935
. 0975
21, 294
207
.0976
23, 157
60
. 0975
30, 999
434
5,747
9,697
9,941
10, 976
8, 265
13, 241
4,931
14,467
9,931
17, 588
7, 106
13, 981
12 691
10 606
13, 155
109, 624
14, 265
101, 842
27, 270
89, 724
33, 839
74, 863
36, 989
61,511
25, 185
56 796
15, 025
60 117
2,221
13, 706
2,747
12,068
4,130
10, 485
5, 363
8, 548
5,970
4,190
6,491
5,602
2,813
5,688
r
639
257
843
419
946
589
700
770
75
90
08
20,
700
i)20
214
6(55
. 1405
HEATING APPARATUS, EXCEPT
ELECTRIC
Boilers, radiators and convectors, cast iron:
Boilers (round and square) :
Shipments
thous. of lb._
Stocks, end of month
do
Radiation:
Shipments
thous. of sq. ft_.
Stocks, end of month
do
2
Revised.
1 Includes data for electrical strip.
Includes small amount not distributed.
c? See note at bottom of p. S-32 regarding nonferrous mine production.
§Government stocks represent those available for industrial use.
tRcviscd series. Data beginning 1949 have been revised to exclude figures for secondary refineries; revisions prior to 1949 will be published later.
those formerly designated as primary) include some secondary lead produced by primary refineries.
2, 025
r
The production figures (corresponding to
SUEVEY OF CURPxENT BUSINESS
S-34
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
August 1950
1950
1949
June
July
August
September
October
November
Decem- January
ber
February
March
April
May
June
METALS AND MANUFACTURES—Continued
HEATING APPARATUS, ETC. —Continued
Boilers, range, shipments
number
Oil burners:
Orders unfilled, end of month
do
Shipments
__
_
_
do
Stocks end of month
do
Stoves and ranges, domestic cooking, exc. electric:
Shipments, total _ __
number..
Coal and wood
do
Gas (inc. bungalow and combination)
do_ __
Kerosene, gasoline, and fuel oil __
_ _ do
Stoves, domestic heating, shipments, total do
Coal and wood
. _.
... -do ...
Has
do
Kerosene, gasoline, and fuel oil
do.
Warm-air furnaces (forced-air and gravity-air flow),
shipments, total
number
Gas
_
do
Oil
do
Solid fuel
do.
Water heaters nonelectric shipments
do
29, 250
27, 587
39, 273
41, 492
44, 164
37, 937
41, 362
42 101
54, 523
53, 374
34, 481
33 563
51, 210
46, 862
48, 050
55, 060
41, 589
46, 910
60, 801
74, 116
42, 004
65, 364
94, 805
35, 451
56, 518
96, 963
29, 014
47, 562
60, 342
32, 785
44, 176
40, 906
39, 130
41 206
30 650
40, 040
45 218
36, 808
42 152
52 517
51, 985
43 744
54, 879
46, 208
51, 698
61 945
64, 001
57 818
187, 294
10, 477
163, 115
13, 702
187, 626
42, 249
62, 692
82, 685
149, 399
11, 780
126, 619
11,000
288, 102
75, 257
104, 603
108, 242
241, 977
17, 144
207, 521
17, 312
563, 694
146, 962
220, 861
195, 871
262, 193
18, 926
229, 244
14, 023
734, 975
213, 955
263, 859
257, 161
291, 030
16, 718
257, 506
16, 806
666, 940
206, 025
263, 134
197, 781
269, 616
15, 012
238, 780
15, 824
505, 989
140, 391
243, 369
122, 229
204, 521
9, 436
181, 112
13, 973
186, 219
45, 669
99, 041
41, 509
192, 107
10 581
167, 2?1
14, 305
95, 908
12, 088
48 215
35, 605
236, 828
11, 933
209, 156
15, 739
93, 591
6,366
42, 419
44, 806
299. 019
14, 527
265, 829
18, 663
108, 071
16, 597
59, 334
32, 140
263, 738
12,170
239, 706
11,862
130, 064
21, 376
69, 721
38, 967
266, 647
8, 663
244, 080
13,904
190,317
34, 975
101, 258
54, 084
55, 857
24, 573
16, 820
14, 464
165, 597
48, 551
20, 059
15, 237
13, 255
144, 701
84, 250
36, 492
26, 143
21, 615
180, 632
111, 582
48. 235
30. 852
32, 495
191, 787
102, 989
44, 606
34, 676
23, 707
200, 959
78, 828
38, 472
24, 650
15, 706
184, 147
51, 766
25, 736
17, 543
8,487
160, 785
39, 887
20. 353
13, 696
5,838
164, 863
45, 618
24, 582
14, 248
6,788
185, 780
59, 982
36, 304
18, 348
5,330
210, 074
58, 798
38, 896
15, 465
4,437
213, 754
78, 349
50, 162
21, 286
6,901
236, 096
MACHINERY AND APPARATUS
Blowers, fans, and unit heaters, quarterly:
Blowers and fans new orders!
thous of dol
Unit heater group new orders^
do
Foundry equipment (new), new orders,
net
1937-39=100. _
Furnaces, industrial, new orders:
Electric
.. thous. of dol
Fuel-fired (except for hot rolling steel)*. _ _ _ d o
Machine tools, shipments
1945-47=100
Mechanical stokers, sales:
Classes 1 2 and 3
number
Classes 4 and 5:
Number
Horsepower
Pumps, steam, power, centrifugal and rotary, new
orders
thous. of dol.
17 930
6,101
17, 710
11,432
15 905
12, 341
18 569
7,740
164.9
146.6
127.1
166. 6
133.5
270.4
201.0
196
257
79.0
329
594
60.7
210
706
67.3
318
589
67.6
565
269
62.3
293
516
67.6
281
719
75.7
2,696
2,382
4,246
6,681
4, 319
2,257
1,469
253
58, 142
193
31, 992
345
66, 018
268
50, 693
242
41, 318
209
52, 631
163
46, 854
106
29, 700
3,019
3,358
3,767
2,914
2,539
2,525
2,560
1,059
1,637
2,648
2,786
2,573
2,132
197
207, 354
260, 700
210
161, 920
200, 900
205
219, 909
323, 789
206
250, 036
357, 281
168
272, 520
333, 700
282
240
273
318
3,646
3,329
3,649
3, 649
2,776
2,678
982
810
13, 240
12, 568
113.1
225.2
160.6
294.9
622.7
473
1,914
52.8
697
616
56.1
753
1,300
75.3
415
837
61.6
982
1,392
'82.5
1, 328
1,166
P90.4
1,327
670
692
846
743
1, 451
95
28, 564
116
38, 845
115
35, 453
134
34, 960
219
62, 280
2,587
2,938
3,313
3,376
3,668
4,153
1,694
1,467
1,174
1,191
916
' 1, 195
1,641
137
253, 516
298, 700
181
265, 513
237, 591
226
249, 150
275, 600
280
263,515
343, 000
356
361,014
423, 800
330
292, 664
333, 100
328
278, 645
304, 600
330
345
338
345
356
406
381
446
4,380
4,479
4,723
4,625
4,696
4,788 •
5, 351
5,226
6,069
6,165
3,038
3,201
3,231
3,155
3,632
3,439
3,988
3,735
4,319
4,326
947
1,013
1,063
1,112
1,097
1,217
1,269
1,566
1,307
1,534
1,523
12,400
14,992
17,683
12, 662
20, 946
15, 674
16, 100
17, 708
16, 515
17, 219
159. 3
ELECTRICAL EQUIPMENT
Batteries (automotive replacement only), shipments
thousands -Domestic electrical appliances, sales billed:
Refrigerators index
1936=100
Vacuum cleaners, stand'ard type
number
Washers _
do _
Insulating materials and related products:
Insulatin^ materials sales billed index 1936—100
Fiber products:
Laminated fiber products, shipments
thous. of dol. _
Vulcanized fiber:
Consumption of fiber paper
thous. of l b _ _
Shipments of vulcanized products
thous. of dol._
Steel conduit (rigid) and fittings, shipments
short tons
Motors and generators, quarterly:
New orders index
1 936 ~ 100
Polyphase induction motors, 1-200 hp/cf
New orders
thous. of dol
Direct current motors and generators, 1-200 hp.:cf
New orders
thous of dol
Billings
do
240
224
236
338
18, 679
20, 542
17, 715
19, 655
18, 521
17, 912
28, 236
19 812
4,997
4, 833
2,890
3,248
3,747
3,472
250, 190
325, 200
4,602
3, 525
PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
3,921
2,112
3,707
4,975
4, 653
2,746
2,581
4,882
3,355
4,258
Production
thous. of short tons.- ' 3, 406
2,914
4,196
Stocks in producers' storage yards, end of month
661
724
879
450
601
1,138
975
358
183
thous. of short tons_.
289
658
408
556
382
358
610
399
510
421
364
277
201
Fxports
do
149
261
364
Prices, composite, chestnut:
19.75
19.80
19.65
20.08
20.49
20.51
20.36
20.62
Retail
dol. per short ton..
20.49
21.30
20.51
' 20. 33
20.36
15. 759
15. 814
15. 615
16. 102
16. 165
16. 185
16. 190
16. 577
16. 692
16. 207
16. 190
16. 190
16. 356
Wholesale
do
Bituminous:
r
37, 615
19, 783
44, 623
35, 476
27, 071
53, 104
44, 792
10, 307
36, 028
31, 277
11,950
45, 885
Production
thous. of short tons
46, 067
Industrial consumption and retail deliveries, total
29, 884
33, 591
36, 537
28, 068
34, 948
34, 322
thous. of short tons__
32, 608
43, 036
41, 855
40, 033
36, 617
«• 34, 031
33, 183
25, 842
28, 005
27, 292
21, 569
26, 891
26, 343
31,436
25, 458
30, 008
Industrial consumption, total .
do. _
30, 719
30, 041 T 29, 651
28, 698
r
44
79
417
47
52
112
16
40
392
Beehive coke ovens
do
666
152
704
799
7,008
7,384
7,161
7,523
5. 033
5,714
7,144
7,960
2,466
7,696
Byproduct coke ovens
do
8,091
8,367
8,072
629
641
633
625
675
654
659
579
Cemen t mills
do
725
565
631
649
636
6,168
6,732
6,341
6,338
6,416
6,279
6,397
6,645
6,900
6,538
Fleotric-power utilities
do .
7, 206
6,779
7,306
4,974
5, 133
4,709
4,584
5,274
5,080
5,522
4,119
Railways (class I)
_
do
5,665
5,320
5,341
4,926
4,727
r
505
551
559
192
521
649
527
712
622
Steel and rolling mills
do
722
745
663
558
6,514
7, 485
7,882
8, 566
6,147
7,378
7, 960
Other industrial
.
. do
8,740
8,111
9,046
8,874
7,738
7,127
4,042
5,586
9,245
6,499
8.864
Retail deliveries
do
5,717
8.605
11. 600
10. 025
6.576
4.380
4.485
11. 136
r
Revised.
» Preliminary.
JSee note marked "I" on p. 34 of the June 1950 SURVEY regarding revised data.
cf The number of companies reporting is as follows: Direct current—last three quarters of 1949, 28; first quarter of 1950, 29; polyphase induction—(1949) second and third quarters, 32; fourth
quarter, 33; first quarter of 1950, 31.
*New series. Compiled by the Industrial Furnace Manufacturers Association, representing orders (less cancellations) for metallurgical and other purposes as reported by 24 to 28 companies.
Currently, the combined data for electric and fuel-fired furnaces account for about 80 percent of the industry total. Data prior to 1949 will be shown later.
SURVEY OF CURRENT BUSINESS
August 1950
1949
Unless otherwise stated, statistics through
1949
S-35
June
Statistical Supplement to the Survey
July
August
19 50
September
October
November
December
January
February
March
April
May
June
PETROLEUM, COAL, AND PRODUCTS—Continued
COAL— Continued
Bituminous— Continued
Consumption on vessels (bunker fuel)
thous. of short tons__
Stocks, industrial and retail dealers', end of month,
total
thous. of short tons__
Industrial, total
do
Byproduct coke ovens
do
Cement mills
do
Electric-power utilities _ _
do . _ _
Railways (class I)
do
Steel and rolling mills
_
do___
Other industrial
do
Eetail dealers. _
_
_ do _
Exports
do
Prices, composite:
Retail
dol. per short ton__
Wholesale:
Mine run
do
Prepared sizes
_
do ___
COKE
Production:
Beehive
thous of short tons
Byproduct.. - _ _
._
do
Petroleum coke
do
Stocks, end of month:
Byproduct plants, total
do
At furnace plants _ .
... _.do
At merchant plants
do
Petroleum coke
do
Exports
do
Price, beehive, Connellsville (furnace)
dol. per short ton_.
114
87
85
78
54
71
39
14
12
19
45
85
74, 161
71, 351
15, 747
1,614
25, 607
9,818
1,376
17, 189
2,810
4,349
69, 119
66, 399
13, 896
1,469
25, 062
8,669
1,214
16, 089
2,720
1,923
68, 621
65, 776
13, 604
1, 454
25, 458
8 196
1,152
15 912
2,845
2,267
62, 064
59, 990
11, 903
1,422
24, 142
6,680
1,029
14, 814
2,074
1,806
47, 165
45, 755
9,946
1,018
19, 706
4,170
916
9,999
1,410
282
45, 804
44, 359
10, 060
1,001
18, 508
4,094
907
9,789
1, 445
1,101
45, 111
43, 721
9 893
1,063
17, 794
3,849
912
10, 210
1,390
1,415
37, 119
36, 038
7 087
877
15,066
3 010
748
9 250
1,081
557
24, 583
24,118
3 449
528
11,055
2,093
453
6, 540
465
197
28, 054
26, 89|3
4 848
553
11, 167
2,755
500
7,070
1,161
776
37, 590
36, 047
7 491
668
13, 820
2 902
695
10 471
1,543
2 108
44, 795
42, 840
9, 572
771
16, 774
3,113
841
11, 769
1, 955
3,072
51, 295
49, 117
11,199
902
19, 505
3,802
951
12, 758
2,178
15.89
16.10
16.32
16.47
16.51
8. 640
i 9. 358
8.667
9.463
8.711
9.574
8 767
9 732
8.795
9.766
15.52
15.53
15.54
15.69
8.518
8.929
8.531
8.945
8 515
8 964
8.580
9.060
r
265
' 5, 260
282
25
4,911
302
47
5,138
304
29
4,952
267
8
1, 727
293
34
3,471
280
80
5,538
264
104
5, 358
291
1,705
1,077
629
228
79
1,906
1,077
830
241
63
2 027
1,054
973
250
38
1,926
973
952
236
43
2,120
1,227
893
217
59
2,017
1,200
817
160
30
1,714
991
723
140
36
13. 812
13. 250
13. 250
13. 250
13. 250
13. 250
2,133
147, 098
84
154, 861
1,803
145, 818
85
160, 358
1,847
148, 192
85
162, 485
1,984
148, 206
86
162, 812
1,826
154, 908
86
166, 568
274, 691
64, 040
194, 685
15, 966
267, 586
62, 793
188, 383
16, 410
260, 585
60, 760
183, 849
15, 976
251, 689
58, 244
177, 571
15, 874
250, 809
58, 653
175, 984
16, 172
1
16.67
16.63
16.16
16.09
8. 861
9.855
i g 756
9 456
8.729
9.403
8.707
9.394
26
3,956
259
248
4,979
254
424
5 663
246
r
449
5, 868
296
516
5,657
1 281
807
474
149
29
655
448
207
155
24
550
448
102
112
22
700
581
119
117
29
718
611
108
133
32
724
612
111
13. 250
13.250
13. 250
13. 850
14. 250
14. 250
14. 250
1,980
156, 285
84
158, 782
1,877
155, 754
88
169, 723
1,806
152, 590
86
169, 987
1,671
139, 073
148, 837
2,009
151, 213
85
165, 418
1 826
149 052
82
155 797
1,983
159, 441
90
171, 599
256, 010
59, 835
180, 086
16, 089
253, 356
60, 405
177 049
15, 902
246 610
61, 195
169 217
16, 198
243
59
167
15
241, 230 r 244
60, 647 r 62
164, 663
165
15, 920
16
r
r
PETROLEUM AND PRODUCTS
Crude petroleum:
Wells completed
.
number...
Production
thous. of bbl__
Refinery operations _ _ _ .percent of capacity..
Consumption (runs to stills) _ - _ thous. of bbl__
Stocks, end of month :c?
Gasoline-bearing in U. S., total
do
At refineries
do
At tank farms and in pipe lines
do
On leases
_
do_
84
750
965
916
869
605
647
373
585
239, 877
62, 944
160, 751
16, 182
2,866
3,071
3,403
Exports _ _ _ _ _
_
_ __
_ do
2,619
2,916
2, 153
3,010
2,722
2,946
2,130
2 196
2 968
12, 550
12, 706
14 924
Imports
do
11, 964
14, 998
13, 699
11, 647
13, 838
13, 983
16 434
11 891
13 787
2. 570
2.570
Price (Oklahoma-Kansas) at wellst-.dol. per bbl__
2.570
2.570
2.570
2.570
2.570
2.570
2.570
2.570
2.570
2.570
2.570
Refined petroleum products:
Fuel oil:
Production:
23, 134
25, 870
27, 972
30, 047
Distillate fuel oil
thous. of bbl__
31, 024
28, 871
29, 070 r 29, 301
30, 920
28 729
32, 000
32, 489
31, 218
32, 250
Residual fuel oil
do
33, 414
33, 299
32, 954
35,411
35, 361
35 768
31, 426
37 283
37 491
32 818
Domestic demand:
16, 504
18, 790
22, 858
22, 478
23, 141
Distillate fuel oil
do
30, 772
42 604
25, 123
28 806
44 759
43 406
39 484
35, 682
34, 877
39 639
Residual fuel oil
do
38, 281
41 130
45 535
52 085
41 955
42 906
51 362
51 334
47 281
Consumption by type of consumer:
p
5,478
4, 996
Electric-power plants
.
do
5,432
6,656
5, 673
5,810
7,316
7 462
5,319
7 868
5,275
7,938
7 804
4,577
4,329
4,075
4,184
4,755
4,377
4 033
Railways (class I)
do
4 333
4 035
3 543
3 791
3, 833
5,345
4 665
Vessels (bunker oil)
>.
do
5 088
4 837
4 765
4 238
4 198
5 048
4 700
4 368
4 160
4 282
Stocks, end of month:
2
2 42 739
71,553
64, 730
76 037
83 213
Distillate fuel oil
do
88 212
90 643
37 777 2 37 530
75 207 s 63 932 2 52 206
66,084
64, 628
66, 843
Residual fuel oil
do
67, 117
68, 673
65 112
41 860
39 482
60 193
39 979
47 828
65 808
Exports:
453
769
627
656
Distillate fuel oil
do
666
7-^0
649
1 001
430
863
714
1 036
730
599
Residual fuel oil
do.
514
608
1, 193
852
843
817
861
958
751
*644
Price, wholesale, distillate (New York Harbor,
.075
.075
.076
.084
.085
No. 2 fucl)f
dol. per gal_.
.082
.078
.080
077
.078
.078
.081
0 082
Kerosene:
6,974
Production _ .
__ .
. thous. of bbl
7,175
6,715
8,093
9, 339
9,273
10, 755
10 100
11 140
9 469
8 848
9,790
Domestic demand
do. .
5,676
4, 531
6,315
6,799
8,269
11,454
12, 939
14, 978
11 413
8,371
5,700
13, 906
Stocks, end of month.
...
do
24,826
25, 490
26, 650
23, 648
27, f-09
25, 267
13 001
17, 304
20, 888
16 126
13, 383
18, 260
79
111
Exports
do
45
93
43
118
97
213
89
39
71
68
Price, wholesale, bulk lots (New York Har.084
.084
.084
.088
.090
bor) t
dol. per gaL_
.086
.088
.089
.090
,089
«090
.093
.092
Lubricants:
3, 554
Production
thous. of bbl
3,510
3,729
3,804
4, 116
3 984
4 086
3 932
4 100
3 587
4 039
3 645
2, 699
3,111
Domestic demand.. . _ _
_ _ _ _ _ _ do
3,026
3, 023
2,982
2,927
2,647
3,271
2,846
2 368
2 544
3,346
9, 731
8,962
Stocks, refinery, end of month
do
9,922
8,734
8,894
9 109
9 219
9 323
8 989
9 341
8 280
8 787
r I 150
998
1,115
Exports
do
898
886
976
754
1 291
1 110
940
1 160
1 250
Price, wholesale, bright stock (mid continent,
.170
f. o. b. Tulsa)f
_dol. per gal__
.170
.170
.170
.170
.170
.170
.170
.170
,170
.172
.170
.181
r
Revised.
1
Comparability of data is slightly affected in October 1949 and April 1950 by substitutions in reporting companies. Prices on new basis for September 1949 are $8.618 (mine run) and $9.300
(prepared sizes); for March 1950, $8.916 (mine run).
2 New basis. Beginning January 1950, coverage was increased to include one East Coast terminal not previously reporting; comparable December 1949 figure, 75,435,000 barrels.
(."Includes stocks of heavy crude in California.
f Revised series. Beginning in the July 1950 SURVEY, the following price series have been substituted for those previously shown: Crude petroleum, 36°-36.9° gravity (former series, 33°33.9°); distillate fuel oil, New York Harbor, No. 2 fuel, bulk lots, f. o. b. refineries or terminals, excl. all fees and taxes (former series, Pennsylvania, 36°-40° gravity); lubricating oil, bright stock,
conventional, 150-160 viscosity D, 0-10 pour point, midcontinent, excl. all fees and taxes (former series, cylinder, Pennsylvania). Beginning in the April 1950 SURVEY, prices for kerosene (N. Y.
Harbor, No. 1 fuel, f. o. b. refineries or terminals, excl. all fees and taxes) replace those for water white, Pennsylvania. Kerosene prices beginning 1935 are shown on p. 24 of this issue of the
SURVEY; data beginning 1935 for all other series will be available later.
SURVEY OF CURRENT BUSINESS
S-36
August 10~>0
1950
1949
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
July
Juno
August
September
October
November
December
January
February
March
A pril
May
June
PETROLEUM, COAL, AND PRODUCTS—Continued
I
PETROLEUM AND PRODUCTS— Continued
Refined petroleum products — Continued
Motor fuel:
All types:
79, 383
82 232
82, 953
Production total
thous of bbl
Gasoline and naphtha from crude petro73 069
leum
thous of bbl
70, R03
73, 740
11, 964
12, 479
13, 054
Natural gasoline and allied products
do
Sales of 1. p. g. for fuel, etc., and transfers
3,891
3, 184
3,266
of cycle products
thous of bbl
7, 296
7,269
7, 319
Used at refineries . ._
do .
84, 632
83, 338
82, 118
Domestic demand
do
Stocks, gasoline, end of month:
106, 068
103, 867
97, 724
"Finished gasoline total
do
55. 281
58, 740
60, 871
\t refineries
do
7, 973
7,155
7, 350
Unfinished gasoline
do
7 391
7 031
7 668
Natural gasoline and allied products do
3,205
3,277
1,913
Exports
thous. of bbl
Prices, gasoline:
Wholesale, refinery (Oklahoma), group 3
.100
dol. per gal..
.100
.100
. 196
.196
.196
Wholesale, tank wagon (N. Y.)
do _ _ _
.204
.204
.204
"Retail, service stations, 50 cities
do
Aviation gasoline:
4, 132
3, 614
4, 036
Production total
thous of bbl
3,039
2,735
2, 954
100-octane and above
do
6, 584
6,179
6,841
Stocks total
do
3,144
2,782
3, 156
100-octane and above .
do
Asphalt:
899, 100
934, 000 1,018,700
Production
short tons
1,354,000 1, 247, 100 1,044,700
Stocks refinery, end of month _ _ _
do
Wax:
73, 080
64, 120
66, 640
Production
thous. of Ib
148, 680
139, 720
148, 400
Stocks, refinery, end of month
do
Asphalt products, shipments:
4,620
5,512
4,289
Asphalt roofing, total
thous. of squares. .
Roll roofing and cap sheet:
1 282
989
997
Smooth-surfaced
do
1, 326
1,048
999
Mineral-surfaced
do _
2, 904
2, 583
2,294
Shingles, all types
do
29Q
184
192
Asphalt sidings
do
41,063
50, 801
40,148
Saturated felts
- short tons
80, 310
83, 185
79, 733
83, 515
82, 075
73, 549
80 786
77, 606
84 801
71,046
13, 270
73, 626
13, 965
70, 369
14, 265
74, 286
14,711
72, 556
15, 116
64. 685
13, 608
71 350
14, 586
68, 254
14, 016
74 958 '
14, 246
4,006
7,470
80, 760
4,406
8, 301
79, 253
4,901
7,449
76, 270
5, 482
7, 325
75, 553
5, 597
7,279
66, 908
4,744
6, 773
63, 366
5, 150
7, 352
78, 739
4, 664
6. 984
80, 348
4, 403
7,113
89.033
94, 445
53, 727
7, 354
7 607
2,271
96, 194
55, 117
7.093
6 923
2,476
97, 173
54, 200
7, 534
7 141
1,809
103, 586
62. 1 1 6
7, 857
6 831
1,611
116, 624
73, 880
8, 674
7 363
1,201
124, 177
81,457
8. 619
8 098
' 1, 443
124 924
83, 399
8.842
7 708
1,229
119,584
76, 591
8.473
7 950
1,921
112 915
68. 403
8 120
8 163
1,852 i
.100
.196
.203
.100
.196
.203
.098
.195
.201
.098
.192
.201
.097
.192
.200
.096
.192
.199
.095
.192
.197
.095
.193
.200
.098 :
. 197
.201 ;
3.718
2 805
6, 171
2,817
3, 955
2,844
6, 606
3,117
3.848
2, 529
6.822
2,902
4,086
2, 957
7,444
3, 338
3,044
1, 806
7.940
3, 341
2, 670
1,834
8,026
3, 316
3 348
2. 335
7,758
3,075
3, 137
2 728
' 7. 446
3, 252
3 781
2,944
7. 13S
3,288 ;
952, 200
830, 000
902, 500
798, 400
684, 700
790, 400
669, 800
530. 200
535, 100
458, 700
929 300 !
602 700
894, 200 1, 027, 800 1, 140, 000 1, 238, 700 1, 326, 500 1,298,900
72, 800
125, 160
99, 680
130, 200
71,960
126,000
92, 400
132, 440
87 920
133, 840
101 360
144, 760
79 800
137, 760
5, 964
6,158
5, 206
3,064
3, 538
3, 255
3,816
4,447
1,434
1,455
3, 075
276
51,281
1,545
1,531
3,081
293
56. 550
1,284
1, 270
2 652
"' 261
55,413
767
936
821
883
979
736
834
779
1, 562
175
39, 259
1, 768
189
41, 485
1, 655
169
35, 168
860
2,072
158
43, 746
r
102, 200
140, 000
909
r
2. 506
121
45, 880
.101
. 107
.202
104 720 .
151.760
r
5, 832
6, 146
1. 107
T
1. 193
r
3. 532
r
141
r
58. 543
1, 18]
1, 242
3, 723
137
61, 591
1
r
PULP, PAPER, AND PRINTING
PULP WOOD AND WASTE PAPER
Pulp wood:
Receipts
thous. of cords (128 cu. ft.)
Consumption
_
do . _
Stocks end of month
__ do _
Waste paper:
Receipts
- short tons...
Consumption
- do
Stocks end of month
_ _ do
1,451
1,502
4,877
1,388
1,330
4,918
1,778
1, 670
5,015
1,683
1,684
4, 995
1,841
1,869
4, 964
1,772
1,841
4,875
1,718
1,726
4,879
1,753
1,884
4,753
1, 662
1, 768
4, 675
1,735
1,936
4, 473
1,387
1, 860
3, 999
491, 700
512, 582
397, 963
427, 149
419,348
405, 228
552, 539
586, 250
367, 874
588, 734
591, 334
367, 980
655, 365
639, 735
379, 549
615, 578
625, 182
368, 121
606, 410
573, 516
397, 307
588. 946
589, 046
394, 077
557, 634
572. 188
372, 234
632, 344
651, 142
355. 615
806
104, 061
307, 177
117,955
39, 249
32, 128
142, 101
28, 475
1,019
119, 599
408, 055
149,967
57, 505
40, 054
157,057
35, 463
1, 030
112,819
400. 941
149, 496
54, 219
38, 844
155, 658
52,441 !
1,146
128, 507
445, 225
165, 553
63, 043
42, 506
167, 395
76, 925
1, 136
128, 443
436. 025
169,313
59, 601
43, 341
165, 969
76, 907
1,077
117,099
404, 018
162.468
56, 889
42, 232
168, 344
73, 261
1,181
139, 514
465, 558
173, 759
59, 534
45, 120
165, 152
74, 566
1,089
131, 186
422, 223
160.266
57, 025
42, 179
154, 439
71, 989
145, 522
17, 593
10, 190
37, 288
23, 173
4,488
40, 584
139, 658
18, 237
9, 634
38, 045
21,515
4,668
36, 024
121,395
15, 442
9 650
33, 351
17,917
3,883
30, 863
114, 948
12, 047
8,445
33, 351
19, 808
3,364
27, 492
114,018
12, 896
8,355
32, 412
19, 436
2, 992
27, 634
98, 480
9, 240
7, 331
25, 621
15, 104
2 099
29, 490
109, 010
9,709
8 770
29, 644
15 259
1,771
33, 984
21, 154
129, 611
36, 635
14, 309
33, 686
27, 020
1,695
15, 629
6,266
113,685
26, 562
16,331
35, 027
21,927
1,907
11,443
6,068
135, 228
37, 409
13, 549
35, 311
30, 598
2,351
15, 548
4,989
118,632
28, 009
7,848
35, 491
26, 187
2, 357
18, 193
4, 510
174, 922
41, 739
18, 433
46, 125
42, 436
2,774
21, 346
3,937
244, 755
40, 845
54. 014
66, 644
56, 624
2, 763
23, 169
5,628
212, 630
33, 063
40, 359
59, 233
51,987
2, 805
24, 572
r 1, 555
1,348
717
1,749
862
1,793
881
1,953
960
1,920
943
579
53
823
64
828
85
896
98
884
92
WOOD PULP
Production:
'921
Total, all grades
thous. of short tons._
112,129
Bleached sulphate
short tons_
347, 366
Unbleached sulphate
do
r T135,817
Bleached sulphite
do
56, 257
Unbleached sulphite
do
33, 256
Soda
-do __
' 160, 997
Groundwood
do
33, 592
Defibrated, exploded, etc. .
_ ._do
Stocks, own pulp at pulp mills, end of month:
Total, all grades
short tons.. r 158, 893
17, 650
Bleached sulphate
do
12,043
Unbleached sulphate
do
39, 823
Bleached sulphite
do
' 28, 639
Unbleached sulphite
do
5,116
Soda
do --r 44, 267
Groundwood
do
Exports, al1 grades, total
Iranorts, all grades, total
Bleached sulphate
Unbleached sulphate
Bleached sulphite
Unbleached sulphite
Soda
Groundwood
__
_
_-
_-
do _ _
-do ___
do
_do._
do
_ do
do __
do
r
1, 5°3
1.977
3. 542
1 855
2, 001
3, 392
604, 058
598, 526
363, 374
* 638, 000
r
641 000
»• 358, 000
639 000
638 000
354, 000
1,199
146 640
453,072
183, 146
64, 601
46, 096
174, 005
76, 188
1, 162
139 388
450, 022
172, 614
57 232
44, 575
174, 672
76, 694
1, 246
145 599
489. 143
180, 213
59 257
48, 300
r 187, 516
72, 943
1,209
146 614
468, 759
172 920
57 643
47, 249
181 783
75, 832
108, 503
10, 470
8,206
26. 937
17, 203
1,456
34, 044
107, 733
9 926
8 463
25, 808
18 615
1,414
33, 885
116,491
12 834
8 587
28, 125
17 740
1, 735
37, 697
112. 366
11 824
7 36?
26 042
18 555
1 483
37 509
106, 996
12 °05
7 845
25 667
13 559
1 590
36 333
4,344
237, 094
31,744
64. 496
50. 423
63. 260
2, 566
23, 995
5, 629
183, 553
39, 666
28, 325
51,531
40, 148
2, 683
20, 396
5,528
201 , 366
42 620
33, 829
58 575
38, 904
2,983
23, 943
5,926
150, 290
30 837
22, 365
48 353
28, 030
2, 333
18, 071
7,331
204, 391
48 556
30 980
56 115
41 189
2 833
24 002
1,807
899
1,881
936
1,796
898
2, 032
1,029
823
85
859
86
1,900
959
810
87
901
101
848
94
T
r
PAPER AND PAPER PRODUCTS
All paper and paperboard mills:
Paper and paperboard production, total
thous. of short tons._
Paper (incl building paper)
do
Paperboard
do
Building board
.
do
r
Revised.
r
801
698
56
r
T
2. 047
1 021
T Q21
106
2.030
1 033
892
104
SUEVEY OF CURRENT BUSINESS
August 1950
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
S-37
1950
1949
June
July
August
Septem-
ber
October
Novem-
ber
Decem-
ber
January
Febru-
ary
March
May
April
June
PULP, PAPER, AND PRINTING—Continued
PAPER AND PAPER PRODUCTS— Continued
Paper, excl. building paper, newsprint, and paperboard (American Paper and Pulp Association) :f
Orders, new
short tons__
Ordors unfilled, end of month
do
Production
do
Shipments
_
- do
Stocks, end of month
do
Fine paper:
Orders new
do
Orders unfilled, end of month
do
Shipments
_ do
Stocks end of month
do
Printing paper:
Orders new
do
Orders unfilled, end of month
__ do
Production _
_
do
Shipments
do
Stocks, end of month
do
Price, wholesale, book paper, "B" grade, English finish, white, f. o. b. mill_ _dol. per 100 lb_.
Coarse paper:
Orders new
short tons
Orders, unfilled, end of month
_
do
Production
do
Shipments
do
Stocks, end of month
do
Newsprint:
Canada (incl. Newfoundland) :cf
Production
__
_.
do ._
Shipments from mills
do
Stocks, at mills, end of month___
_do
United States:
Consumption by publishers.. _
do
Production
_
do
Shipments from mills.
_
do
Stock?, end of month:
At mills
. _ do _.
At publishers
do
In transit to publishers - __
do
Imports
do
Price, rolls (New York)
dol. per short ton..
Paperboard (National Paperboard Association):
Orders, new
short tons
Orders, unfilled, end of month
_ . _ do .
Production, total
do
Percent of activity _._
....
Paper products:
Shipping containers, corrugated and solid fiber,
shipments
mil sq ft surface area
Folding paper boxes, value:
New orders
- 1936=100__
Shipments
do
637, 622
343, 370
631,906
626, 312
334, 556
593, 334
368, 430
560, 472
568, 772
327, 093
719, 898
407, 215
684, 243
679, 984
330, 664
764, 640
463, 553
699, 796
706, 642
324, 990
803, 535
497, 820
765, 612
768, 592
321, 449
754, 993
496, 770
762, 099
755, 367
328, 285
84, 135
37, 168
85 363
85, 563
86, 336
71, 205
41, 740
66 603
66, 483
86, 583
87, 529
41,355
87 847
87, 887
85, 969
87, 252
40, 500
86 983
87, 870
85, 805
100, 173
45, 270
93 235
96, 342
82, 864
91,985
43, 270
93, 248
92, 987
83, 125
86, 355
39, 300
91 908
90, 322
84, 710
229, 847
159, 569
225, 219
230, 058
93, 925
217, 290
173, 400
202, 468
204, 108
93, 000
261, 590
190, 945
248, 153
243, 043
98, 000
268, 975
206, 538
251,456
251, 878
98, 000
274, 594
215, 785
266, 393
263, 717
100, 500
260, 080
218, 400
265, 313
257, 785
108, 140
252, 560
209, 880
263, 049
261,078
110, 115
729,
486,
739,
739,
328,
665
860
789
566
508
785,
509,
775,
763,
341,
948
545
846
256
090
747, 742
519, 060
736, 448
738, 634
340, 315
858, 342
532, 895
840, 837
844, 503
336, 644
96, 268
41, 525
93 734
94, 033
84, 411
100, 628
50, 2CO
92 899
92, 368
86,350
113, 260
56, 890
104, 613
106, 569
84, 395
249, 075
234, 200
244, 781
247, 125
113, 660
290, 232
238, 735
288, 123
285, 697
116, 085
281,
232,
264,
259,
116,
470
255
983
094
004
r 779, 468 r 809, 355
' 540, 465 r 539, 550
r 774, 868 r 813, 723
r
772, 558 ' 810, 263
' 338, 950 * 342, 330
' 95, 020
* 55, 640
r
95, 161
r 96, 270
r
83, 285
«• 108, 130
r
57, 450
r
105, 650
r
106, 320
r
82, 615
r 259, 798 ' 273, 685
' 241, 750 ' 238, 435
»• 260, 469 r 274, 670
r
257, 445 r 277, 000
r
119, 110 r 116, 780
812,
565,
788,
786,
344,
800
565
500
300
500
113, 000
59. 450
110, 000
111, 000
81,615
281,000
258, 000
263, 000
261, 000
118, 750
11.30
11.30
11.30
11.30
11.30
11.30
11.30
11.30
11.30
11.30
208, 616
81,068
206, 055
196, 506
99, 250
198, 513
87, 200
187, 236
192, 380
94, 100
248, 105
108, 500
225, 676
226, 795
92, 980
280, 775
146, 500
236, 977
242, 747
87, 210
288, 365
166, 300
267, 024
268, 577
85, 650
269, 096
165, 040
268, 903
270, 358
84, 195
260, 710
166, 595
254, 841
259, 153
79, 883
267, 149
163, 950
275, 762
269, 794
85, 850
262, 560
161, 845
264, 135
264, 665
85, 320
304. 000
161,610
300, 675
304, 231
81, 764
437, 043
447, 961
163, 873
421, 475
412, 127
173, 221
446, 834
435, 007
185, 048
415, 179
437, 658
162, 569
435, 651
433, 039
165, 181
436, 766
460, 977
140, 970
414, 872
434, 652
121,190
417, Oil
403, 013
135, 188
399, 247
376, 834
157, 601
451, 635
426, 960
182, 276
422, 774
425, 660
179, 390
459, 937
479, 560
159, 767
440, 967
440, 777
159, 957
349, 944
80, 417
78, 460
313,118
76,218
77,133
318,046
78, 944
76, 941
356, 528
70, 600
69, 614
399, 262
73, 350
75, 013
378, 626
72, 130
72, 417
372, 497
69, 854
72, 255
345, 093
74, 275
76, 080
350, 906
69, 099
70, 756
396, 923
80, 571
79, 027
403, 801
82, 564
85, 340
401,922
89, 719
86, 257
376, 482
88, 420
89, 928
13, 091
384, 872
75, 863
397, 741
100. 00
12, 176
416, 595
76, 848
377, 409
100. 00
14, 179
446, 964
86, 044
404, 129
100. 00
15, 165
444, 335
85, 333
356, 129
100. 00
13, 502
412, 805
75, 708
399, 910
100. 00
13, 215
378, 578
87, 677
386, 639
100. 00
10, 814
371, 131
74, 732
418,496
100. 00
9,009
355, 599
86, 039
376,819
100. 00
7, 352
328, 881
88, 593
347, 950
100. 00
8,896
318, 036
86, 765
382, 399
100. 00
6,120
284, 010
91, 075
369, 560
100. 00
9,582
288, 684
94, 187
487, 435
100.00
8,074
303, 524
78, 935
692, 000
243, 300
696, 800
75
618, 100
268, 500
583, 800
64
890, 200
365, 600
821, 600
86
873, 000
360, 900
833, 800
87
945, 000
400, 600
888, 500
94
887, 000
429, 800
882, 800
93
801, 200
359, 300
827, 400
83
860, 300
337, 800
858, 800
88
802, 800
314, 600
817, 000
952, 600
371, 800
908, 600
847, 100
343, 700
858, 300
964, 000
395, 500
934, 600
945, 400
394, 100
907, 600
92
91
92
91
94
4,843
4,354
5,735
5,688
6,244
5,753
5,230
5,260
5,147
6,112
5,685
6,081
6,074
412.6
436.4
355. 6
332.1
450.7
449.5
516.6
470.8
478.5
507.5
452.2
492.8
412.9
449.3
441.7
449.0
435.2
432.7
529.5
521.6
443.0
456. 1
502.6
495.5
536. 0
526.3
760
570
190
863
669
194
704
554
150
763
597
166
1,129
944
185
1,019
758
261
1,498
1,114
384
673
524
149
829
619
846
671
1,107
872
892
695
774
566
210
175
235
197
208
59 992
108 769
58, 261
56, 580
104, 477
53, 905
60 859
101 691
61 481
57 914
106, 124
76, 989
63 813
100, 776
60, 187
62 914
99 452
11.30
11.30
11.30
' 276, 000 «• 286, 170
f 166, 560 r 167, 940
' 271, 129 r 291, 154
r 271, 048 r 284, 785
r 81, 845
r 88, 210
281, 000
171. 900
278. 000
277, 000
89, 210
100. 00
PRINTING
Book publication, total
New books
New editions __
number of editions..
do __
do
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__
Chemical (synthetic):
Production
long tons _
Consumption
do
Stocks, end of month
_
do.. _
Exports
do__ _
Reclaimed rubber:
Production
do
Consumption
do
Stocks, end of month
do
47, 117
103, 626
51, 217
40, 597
103, 017
46, 187
45, 307
99, 850
49, 579
43, 978
100, 618
45, 620
51, 243
90, 733
47, 285
52, 093
99, 208
67, 152
52, 919
106, 619
67, 934
r
T
.163
.164
.167
.176
.163
.167
.177
.184
.195
.197
.238
31, 953
37, 211
106, 813
587
34, 270
30, 094
113, 595
691
33, 885
34, 419
111,333
384
30, 878
32, 443
110, 848
425
28, 015
33, 687
103, 955
425
28, 619
31 684
101, 430
478
27, 234
31 771
98, 042
674
27 808
33 966
92 284
580
29 336
31 860
88, 381
596
33 003
37 647
86 824
635
34 821
38 075
83 440
777
37, 320
r 46 398
' 74, 524
646
38 569
48 098
65 557
18, 849
19, 316
30, 684
14, 626
15, 966
29, 126
17,813
19, 297
27, 526
18, 304
18, 517
26, 257
20, 683
19, 638
26, 619
19, 382
18,512
27, 801
19, 723
18, 210
28 263
19, 447
20, 106
27 319
20, 424
19, 741
27 256
23 037
22, 151
27 602
22, 683
21,318
28 352
r
r
r
24, 876
24, 158
27 837
25 651
25, 244
27 780
7,392
7, 534
3,233
4,185
116
13, 135
130
6,264
7,695
3,099
4,488
108
11,717
120
6,228
7,769
3,192
4,463
114
9,970
134
5,623
6,756
3,079
3,564
113
8,930
123
6,489
6,782
2,937
3,689
156
8,698
151
6,037
5,262
1 746
3,417
99
9,542
109
6 272
5,229
2 158
2,940
131
10, 638
120
6 827
5,913
3 094
2 703
116
11 366
124
6 691
6,216
3 247
2 870
100
11 797
92
7 314
6,794
2 830
3 858
106
12 355
96
7 583
7,526
2 975
4 438
112
12 341
89
8 629
8,521
3 119
5 296
106
12 367
94
8 480
10, 202
4 056
6 032
114
10 762
6,343
6,345
12, 306
89
5,230
6,297
11,364
80
5, 165
6, 600
9,858
72
4 891
5 852
8,875
81
5 261
5,489
8,609
105
5 141
4 163
9, 645
53
5 325
4 179
10 657
60
5 629
5 312
10 926
49
5 803
5 610
11 059
50
6 223
5 733
11 432
51
6 285
6 094
11 710
57
7 089
6 688
12 110
48
7 537
8 459
11 248
.286
.309
TIRES AND TUBES
Pneumatic casings:
Production
Shipments, total
Original equipment
Replacement equipment..
Export
Stocks, end of month
Exports
Inner tubes:
Production
Shipments
Stocks, end of month
Exports
.
thousands
do
do
_ do
do
do
do
_
do
do
do
do
r
Revised.
d"Revised to include figures for Newfoundland; data for 1937-48 are shown on pp. 22 and 23 of the May 1950 SURVEY. Further revisions for stocks at mills, end of December
are shown at bottom of p. S-37 of the Tune 1950 SURVEY.
fRevised data for 1948 are shown on p. 23 of the May 1950 SURVEY.
SURVEY OF CURRENT BUSINESS
S-38
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
August 1050
1949
July
June
August
September
19 50
October
November
December
January
February
March
April
May
June
STONE, CLAY, AND GLASS PRODUCTS
ABRASIVE PRODUCTS
123, 343
111,262
thous ofbbl
18, 279
18, 856
19, 181
20, 667
19, 785
6,922
19, 321
19,313
6,212
18,715
87
thous. of bbl__
do
do_ __
23. 633
14,381
5,798
22, 763
10, 797
4,461
488, 860
464, 536
449, 182
444, 523
506, 890
507, 886
492, 123
500, 344
511, 501
526, 164
Coated abrasive paper and cloth, shipments. reams__
132, 950
144, 716
126, 936
124, 653
145, 157
144, 609
157, 524
154, 385
165, 746
165, 781
19, 070
88
18,040
86
16, 936
15, 174
14 238
20 007
11, 606
14, 686
4,597
14, 613
23, 205
8,747
18,088
S5
18, 375
22, 028
8,604
19, 950
17, 269
9,341
3,356
70
9,593
20, 267
6,066
13, 070
21, 278
8, 569
3,610
22 834
T
20, 044
r
8, 103
24, 749
15,302
7,263
491,254
499, 371
454, 704
400, 418
377, 675
345, 485
397, 905
433, 816
448, 513
512, 242
550, 420
592, 472
148, 461
PORTLAND CEMENT
Production
Percent of capacity
Shipments
*
Stocks finished end of month
Stocks, clinker, end of month
87
87
92
78
67
9,775
23, 579
7,372
66
90
93
CLAY PRODUCTS
Brick, un glazed:
Production
thous of standard brick
Shipments
do
Price, wholesale, common, composite, f. o. b. plant
dol. per thous__
Clny sewer pipe, vitrified:
Production _
_ _ _ _ _ _ _ _ short tons
Shipments
do
Structural tile, unglazed:
Production
do
Shipments
do
345, 731
322, 320
24. 000
23. 964
24. 045
24. 043
24. 010
24. 075
24. 053
24. 035
24. 103
24. 152
24. 225
••24.475
125,012
121,010
105, 703
111.298
126, 139
132, 431
123, 021
129, 811
122, 020
136, 580
126, 101
120, 750
119,196
93,183
108. 580
92, 740
105, 032
85, 668
121, 935
113, 060
87, 639
102, 099
126,921
145, 275
111,533
111,846
120, 780
105, 648
121,209
118,388
109, 675
115, 559
111,161
107, 601
107, 355
101, 739
100, 676
84, 221
97, 456
79, 119
91, 124
83, 238
100, 988
104, 774
98, 995
111, 465
117,313
126, 632
8, 036
7,928
8,108
7, 746
8,662
8,933
7,550
7,981
8,283
7,737
7, 375
6,963
6,963
6,321
7,952
7,379
7,290
6,748
8,204
8,129
8,420
7,649
9,377
9,371
24. 724
GLASS PRODUCTS
Glass containers:
Production
thous. of gross
Shipments, domestic, total _
do
General-use food:
Narrow-neck food
- do
Wide-mouth food (incl. packers' tumblers)
thous. of gross _ _
Beverage (returnable and nonreturnable)
thous. of gross. _
Beer bottles
do
Liquor and wine
_ do
Medicinal and toilet
__
do __
Chemical, household and industrial
do _
Dairy products
do
Fruit iars and jelly glasses _ _
do _
Stocks, end of month
__do
Other glassware, machine-made:
Tumblers:
Production
_ thous. of dozens
Shipments.
_
_ _
_ _
- do ._
Stocks
do
Table, kitchen, and householdware, shipments
thous. of dozens...
701
748
1,108
1,164
760
632
521
2,084
2,022
2,528
1,965
* 2, 157
i 1, 871
1 1, 694
1,025
646
911
538
486
443
206
317
1,121
1,975
164
298
1, 359
2,024
176
304
1,227
1.887
975
837
1,584
874
1,526
942
1,992
553
242
255
9,270
561
253
311
9,425
728
346
359
8,906
4,608
4,993
8,154
4,148
4,197
7,689
3,368
2,528
687
341
205
652
308
1
611
255
228
333
1,823
444
304
0)
640
1
2, 291
231
325
826
2, 127
669
256
1
9,118
9,045
689
775
876
1,274
819
i 1, 968
2,111
1,871
2,217
2,375
290
263
479
451
1,140
2,062
592
475
841
632
1,064
715
1, 849
785
1,809
964
993
908
667
253
133
9,595
771
277
64
9,454
1, 856
2, 158
10, 006
9,714
724
280
312
9,375
633
228
154
730
272
253
8,318
15
8,602
(i)
8,735
9,145
14
9,352
4,907
5, 157
7,715
4,770
4,734
7,618
5,521
5,436
7,676
4,940
4,961
7,615
4,853
3, 756
8,584
6,125
4, 931
9,825
5,578
5, 552
9,820
6,061
6,251
9,642
6 515
6, 108
9 938
6 591
6 223
10 237
5 635
5 699
8 719
3,323
3,349
3,801
3,647
2,617
2,644
3,179
3,900
3,266
3, 394
3,117
12 231
11 480
25, 386
12 530
11 125
26, 792
12 573
11 926
27, 438
GYPSUM AND PRODUCTS
Crude gypsum:
Imports
thous of short tons
Production
do
Calcined, production
do
Gypsum products sold or used:
Un calcined
short tons
Calcined:
For building uses:
Base-coat plasters
do
Keene's cement
do
All other building plasters
do
Lath
thous of sq ft
Tile
do
Wallboard c?
do
Industrial plasters
short tons
511
1,589
1,313
991
1,615
1,418
734
1,821
1,552
414
1,642
1,574
488, 923
472, 804
500, 302
424, 291
446, 069
11, 341
105, 400
393, 725
6,991
574, 797
514, 531
12, 659
118, 814
538, 427
7,341
610, 334
464, 022
10, 902
122, 092
568, 165
8, 134
719, 627
459, 766
13, 066
112, 638
610 422
8 807
723, 786
51, 610
49, 644
57, Oil
55 154
TEXTILE PRODUCTS
CLOTHING
Hosiery:
Production
thous. of dozen pairsShipments
do _
Stocks, end of month
do
11,926
11,303
25, 800
9,981
9,752
26, 029
12, 381
12, 844
25, 566
13, 028
13, 950
24, 644
13, 607
14, 580
23, 671
13, 987
14,504
23, 153
32,731
11,593
24, 138
12, 868
12, 408
24, 598
13, 042
12 950
24, 690
14 072
14 126
24, 636
COTTON
Cotton (exclusive of linters) :
Production:
9,544
2 15 908
14, 716
15, 641
298
5,309
13, 976
1,247
Ginnings§
thous. of running bales- _
3 283
Crop estimate, equivalent 500-lb. bales
thous. of bales2 16, 127
4 10 308
725, 602
454, 426
664, 133
709, 958
734, 013
734, 186
600, 651
771, 833
739, 438
Consumption 1f
_
_
bales.
898 228
711 511
728 827
841 227
Stocks in the United States, end of month,
5,283
19, 257
18, 472
17, 348
' 5,715
15, 369
16, 657
14, 040
12, 812
total^
thous. of bales. _
11,637
10. 388
9,094
7,462
5,214
18,408
17, 273
19, 199
16, 592
15, 304
Domestic cotton, total
do
r 5, 639
13, 974
12, 733
11,528
10, 270
8,991
7,355
r
251
7,852
14, 622
253
4, 685
3, 036
11, 590
2,315
On farms and in transit
do
1 757
1 453
1 259
1 086
765
3,942
6,120
8,344
9,951
4,128
10, 501
10, 664
4, 388
9,204
Public storage and compresses
do
8,271
7,332
6, 354
5, 231
834
635
1,405
1,604
998
698
1,077
1,708
Consuming establishments
do
1 771
1 805
1 679
1 551
1 359
69
64
65
58
75
65
76
66
79
Foreign cotton, total
_ . _ do
118
IDS
ins
'ins
r Revised.
1 Data for wide-mouth food containers include jelly glasses in October, January, and February and both jelly glasses and fruit jars in November and December.
2
3
4
Total winnings of 1949 crop.
Ginnings to August 1.
August 1 estimate if 1950 crop.
cf Includes laminated board, reported as component board.
§Total ginnings to end of month indicated.
J Data for January, February, April, and May 1950 cover 4 weeks and for March, and June, 5 weeks; prior to 1950, calendar months are represented; stock data are for end of period covered
SURVEY OF CURRENT BUSINESS
S-39
1950
1949
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in tlie
1949 Statistical Supplement to the Survey
June
July
August
September
October
December
November
January
February
March
April
May
June
TEXTILE PRODUCTS—Continued
COTTON— Continued
Cotton (exclusive of linters)— Continued
Exports
bales
Imports
do
Prices received by farmers
dol. perlb-Prices, wholesale, middling, 1 Me / / , average, 10
markets
dol. per lb-_
Cotton linters:!
Consumption __-thous. of bales Production
do
Stocks, end of month
do
508, 246
4 057
.301
221,941
11,218
.301
167, 616
5 324
.293
211,372
55 889
.297
415 088
13 789
'. 287
433, 596
12 419
.278
656, 897
12 896
.265
528, 316
10 982
.265
654, 948
70 575
.275
685 775
62 076
.281
470, 653
8 456
.287
539, 105
2 513
.292
.299
.328
.321
.310
.300
.296
.298
.303
.310
.320
.319
.325
.329
.338
122
58
503
104
44
457
136
63
385
141
182
411
143
227
468
132
235
531
131
203
568
132
193
576
128
158
580
156
147
561
131
107
580
134
78
546
138
58
610
65, 886
822
60, 051
1,057
1, 896
66, 384
1,198
60 383
2, 167
52 811
2,310
2,313
55, 918
2,290
36, 503
2,845
34, 970
4,283
2,444
49 266
7,481
52, 690
4, 952
48 689
5,042
COTTON MANUFACTURES
Cotton cloth:
Cotton broad-woven goods over 12 inches in width,
* r 1,971
production, quarterivj
mil of linear yards
81,115
Exports
thous of sq yd
649
Imports
do
Prices, wholesale:
27.75
Mill margins
cents per Ib
.303
Denims, 28-inch
_ _ _ dol per vd
.126
Print cloth, SS^-inch, 64 x 60- ._ do .163
Sheeting, unbleached, 36-inch, 56 x 60- do
Cotton yarn, Southern, prices, wholesale, mill:
.598
22/1, carded, white, cones
do}, per lb_.
.764
40/1, twisted, carded, skeins
do
Spindle activity (cotton system spindles) :^f
20, 568
Active spindles, last working day, total. _ -thous...
19, 464
Consuming 100 percent cotton
do
7,975
Spindle hours operated, all fibers, total -mil. of hr_ .
363
Average per working davcf
hours
7, 506
Con sum ing 100 percent cotton
mil. of hr._
95.8
Operations as percent of capacity _
r
T
28.18
.303
.128
.161
30. 61
. 303
.144
.160
34 70
.303
.163
.165
36.08
.303
.166
.167
38 17
.303
.170
.169
38.05
.303
.170
.170
37.90
.303
.166
.172
37.48
.303
.160
.174
36.69
.303
.152
.172
33.08
.303
.140
.172
31.71
.303
.142
.172
31 63
.318
. 151
.172
.600
.764
.610
.772
.620
.799
.639
.823
.647
.823
.647
.823
.647
.823
.632
.823
.627
.821
.620
.799
.602
.778
. 605
.786
20,134
19, 008
5, 984
299
5, 622
79. 6
20, 941
19, 747
8,827
384
8, 2«>7
102.5
21, 180
19, 975
9,287
432
8,725
115.2
21, 450
20, 215
9, 540
460
8,978
123.3
21, 557
20, 314
10, 021
466
9,442
124.8
21, 476
20, 241
9,781
466
9,206
124.7
21, 463
20, 217
9,663
496
9,091
133.0
21, 663
20, 417
9,765
496
9,181
133.4
21, 596
20, 340
11,808
472
11, 130
127.3
21,301
20, 048
9,299
473
8,764
127.8
21,458
20, 229
9, 467
473
8,935
128.1
21,474
20, 221
11,076
452
10. 435
123. 0
56.8
10.9
58.8
13.7
69.2
19.4
74.8
22.7
74.9
25.2
75.7
24.3
79.7
23.9
78.1
24.1
71.5
22.5
81.0
25.4
70.2
23.3
49.7
18.9
106
48.6
16.8
32
41.9
12.8
468
31.1
7.8
257
24.7
4.5
767
18.9
3.5
2, 952
14.3
2.9
4,317
14.6
3.3
4,016
13.3
3.3
4,969
12.3
3.6
6,710
.710
.350
.710
.350
,710
.350
.710
.350
.710
.350
.710
.350
.710
.350
.710
.350
.710
.350
.710
.350
RAYON AND MANUFACTURES AND SILK
Rayon yarn and staple fiber:
Consumption:
Filament yarn
_
mil. of Ib
Staple fiber
do
Stocks, producers', end of month:
Filament yarn, _
.
_
._ _ do _
Staple fiber
do
Imoorts. .
_ _ „ thous. of lbPrices, wholesale:
Yarn, viscose, 150 denier, first quality, minimum filament _
_-- - _ _dol. per Ib
Staple fiber, viscose, 1V> denier
do
Rayon broad-woven goods, production, quarterly I
thous. of linear yards
Silk, raw:
Imports
thous of Ib
Price, wholesale, Japan, white, 13/15 (N. Y.)
dol. perlb-.
WOOL
Consumption (scoured basis) :§
Apparel class
thous. of Ib
Carpet class
do
Imports
do
Prices, wholesale, Boston:
Raw, territory, 64s, 70s, 80s, scoured--dol. p e r l b _ _
Raw, bright fleece, 56s, greasy- _
do
Australian, 64s, 70s, good topmaking, scoured, in
bond
dol per Ib
lr
r
431, 820
r
463, 054
544, 104
r
76. 8
'25.5
78.4
24.7
14.2
4.4
5,171
'r 15. 6
5. 5
8,076
14.0
6.0
.710
.350
.710
. 350
.710
350
588, 257
460
90
27
25
164
133
370
539
583
628
669
705
2.60
2.60
2.60
2.60
2.60
2.65
2.68
2.72
2.71
2.65
2.65
2.68
28, 785
11,416
29, 878
22, 634
6,521
23, 082
29, 245
10, 589
38, 046
36, 158
13, 348
39, 252
33, 513
13, 031
46, 456
29, 043
13, 290
46, 158
35, 679
17, 371
57, 517
31, 352
15, 716
77, 890
34,684
15, 724
74, 652
41, 730
19, 765
66, 630
31, 108
16, 652
56, 964
32, 460
16, 204
54, 879
1.725
.545
1.600
.545
1.525
.545
1.525
.545
1.525
.545
1.525
.545
1.562
.552
1. 588
.559
1.625
.570
1.625
.570
1.629
.564
' 1. 698
.620
1. 760
678
2 1. 675
2 1. 675
2 1. 675
1. 675
2 1. 675
1.375
1.375
1.465
1.575
1 575
1 600
1 715
1 775
2
r
2.68
WOOL MANUFACTURES
Machinery activity (weekly average) :§
Looms: '
Woolen and worsted:
80
83
83
79
90
77
Pile and Jacquard _ thous. of active hours
69
67
86
83
86
87
r
1,746
1, 960
2,283
1, 620
Broad
_
___ _ _ _
do
2,267
2,186
1,926
2,175
2,172
2,096
2, 136
2, 184
25
25
30
30
26
36
25
Narrow
__ _ _
do
29
27
27
28
27
Carpet and rug:
120
124
138
141
141
154
125
70
Broad
do
"69
166
170
158
60
65
Narrow
_._
._
do
41
69
65
68
79
85
87
83
81
Spinning spindles:
76, 257
72, 030
88, 831
82, 778
91 , 983
85, 798
76, 653
Woolen
do
77 269 r 79 582
77, 597
79 834
85 061
69, 738
81, 906
97, 635
62, 884
90, 413
110, 119
Worsted
__.
. do
95, 066
93, 207
104, 027
103, 917
101 991
100, 746
123
122
145
166
151
176
172
185
Worsted combs
do
209
207
186
191
Wool yarn:
60, 493
42 884
68, 894
62 352
Production, total§
thous. of Ib
57. 293
56, 097
66 600
56, 780
60 324
74 610 T go 516
63 208
r (5 4g§
6, 650
8 631
7 83^
6 542
7 621
Knitting§
do
6 675
4 917
6 628
7 550
6 664
6 988
41,122
36, 689
38, 420
46, 234
41, 234
Wcaving§
_ _
do
31, 124
34 796
41 899
37' 908
46 495 r 35 832
39 692
12, 721
11, 135
14, 029
13, 497
Carpet and o t h e r § _ _ _
. _ _ do__
13, 929
6, 843
15, 356
17, 151
15 752
20 280
17 216
16 528
Price, wholesale, worsted yarn (Bradford
3.375
3.375
3.375
3.244
2.850
weaving system) 2/32s.._
dol. perlb__
2.912
2.975
2.975
2.975
2.975
2.975
2.975
2.975
T
!
2
Revised.
See note below marked "t".
Nominal price.
^IData for January, February, April, and May 1950 cover 4 weeks and for March and June, 5 weeks; prior to 1950, calendar months are represented; stock data and number of active spindles
are for end of period covered.
1 Revised data for broad-woven goods for the first quarter of 1949 are as follows (units as above): Cotton, 2,226 and rayon, 518,127.
cf Substituted series. See note marked "d7"' at bottom of p. S-39 of the July 1950 SURVEY.
§Data for June, September, December 1949, and March 1950 are for 5 weeks; other mouths, 4 weeks.
SURVEY OF CURRENT BUSINESS
S-40
Unless otherwise stated, statistics through
1948 and descriptive notes are shown in the
1949 Statistical Supplement to the Survey
Anjnist 1050
1950
1949
June
July
August
September
October
November
December
January
February
March
April
May
June
TEXTILE PRODUCTS—Continued
WOOL MANUFACTURES— Continued
'Woolen and worsted woven goods, except woven
felts:
Production Quarterly total
thous. of lin. yd
Apparel fabrics total
do
Government orders
do
Other than Government orders, total do _ _
ATen's and boys'
do
Women's and children's
do
Unclassified
do
Blanketing
do
Other nonapparel fabrics
do
Prices, wholesale, f. o. b. mill:
Suiting, unfinished worsted, 13 oz__dol. per yd__
Women's dress goods, flannel, 8 oz, 54-inch
dol. per yd_.
106, 945
90, 250
3, 613
86, 637
34, 507
44, 277
7,853
6,330
10, 365
91, 923
75, 939
3,218
72, 721
33, 227
30, 346
9,148
5,704
10, 280
118, 220
10° 801
3 733
99 068
43 061
48 250
7, 757
5 866
9,553
108 329
90 923
2 471
88 452
42 024
40 836
5, 592
5 263
12, 143
3.589
3.459
3.069
3.069
3.069
3.069
3.069
3. 069
3. 069
2.995
2.970
2.970
3.094
2.722
2.475
2.475
2.475
2. 475
2.475
2. 475
2.475
2.475
2. 475
2.475
2. 475
2.475
TRANSPORTATION EQUIPMENT
AIRCRAFT
number..
do_
439
189
301
156
272
188
284
143
228
170
158
161
116
l 29
167
139
225
152
326
152
329
i 56
377
!68
369
_. -.-number-- - do. ._
do
do
- - do_ _do
do__ -
593, 640
632
522
493, 882
480, 009
99, 126
89, 174
579, 048
439
399
483, 261
471,752
95,348
85, 427
657, 664
444
420
557, 370
544, 630
99, 850
89, 989
626,180
298
274
534, 493
521, 524
91, 389
82, 487
572, 917
322
275
487, 891
476, 461
84, 704
76, 584
455, 008
308
279
381,951
373, 838
72, 749
66, 090
358, 471
369
353
291, 358
284, 097
66, 744
60, 784
581, 366
219
194
487, 824
475, 495
93, 323
84, 378
475, 465
133
128
385, 361
377, 185
89, 971
80, 939
580, 660
199
170
469, 618
461,119
110, 843
99, 809
559, 311
268
234
455, 193
446, 524
103, 850
93, 294
696,893
412
323
575, 518
563, 119
120, 963
108, 997
856, 626
606
372
720, 688
702, 935
135, 332
120, 236
Exports total
- __do
Passenger cars
do
Trucks
do
Truck trailers production total
do
Complete trailers
- -- do_- .
Vans
do
All other
-- -- - - - do_- Chassis shipped as such
do
Registrations:
New passenger cars
- do
New commercial cars
do
22, 648
12,028
10, 620
2,854
2,724
1,598
1,126
130
i 24, 397
13, 035
i 11, 362
2,236
2, 148
1,330
818
88
i 20, 234
10, 853
i 9, 381
2,648
2,552
1,506
1,046
96
i 21, 389
12,326
i 9, 063
2,692
2,584
1,640
944
108
l 20, 063
11,197
i 8, 866
3,256
3,087
2,108
979
169
17, 105
9, 145
7,960
2, 951
2,816
1,821
995
135
12, 545
6,957
* 5, 588
3,043
2,865
1, 696
1,169
178
1 15, 531
8,914
i 6, 617
3, 083
2,969
1,842
1,127
114
i 18, 113
8,489
1
9, 624
3, 493
3, 348
2,123
1,225
145
1 17, 464
7,959
i 9, 505
4,395
4,183
2.523
1,660
212
1 16, 334
6, 610
i 9. 724
4, 385
4,192
2,528
1,664
193
l 19,285
8, 339
1
10, 946
4,867
4, 650
2,782
1,868
217
432, 470
79, 069
448, 477
76, 866
478, 556
85, 539
459, 647
89, 253
465, 765
86, 398
409, 702
79, 699
414, 579
78, 805
381,562
67, 925
408, 990
71, 698
495, 885
96, 266
471, 215
92, 241
488, 363
90, 786
9,148
5,832
5,805
3,316
98
98
94
0
6,645
3,866
3,655
2,779
68
68
66
0
7,184
4, 251
4,245
2.933
70
70
65
0
6,201
3,996
3,936
2,205
93
93
87
0
4,537
2,833
2,828
1,704
90
90
84
0
4,456
2,729
2,649
1,727
85
85
76
0
3,432
2, 052
1, 950
1,380
80
80
75
0
2,395
1,006
1,006
1,389
61
61
61
0
2,051
922
917
1,129
64
64
64
0
1,712
830
830
882
87
87
87
0
983
235
223
748
82
82
82
0
2,193
1,211
1,211
982
113
113
113
0
4,074
3, 365
3, 165
709
106
106
106
0
1,771
1,769
1,767
1,766
1,765
1,763
1,750
1,745
1,742
1,739
1,733
1,728
1,724
113
'6.4
36, 331
19, 368
16, 963
126
7.4
31,746
16, 474
15, 272
125
7.3
26, 599
13,473
13, 126
124
7.3
20, 609
9,419
11, 190
132
7.7
16, 183
6,442
9,741
130
7.7
12, 661
4,122
8,539
134
8.0
12, 861
2,447
10, 414
141
8.4
17, 766
4,550
13, 216
139
8.3
25, 647
8,455
17, 192
128
7.8
27, Oil
10, 715
16, 296
127
7.7
30, 170
13, 766
16, 404
128
7.4
40, 405
24,338
16,067
118
6.9
39, 360
21, 936
17, 424
2,665
8.7
2,833
9.3
2,949
9.8
2,992
10.0
3,189
10.8
3,297
11.3
3,204
11.1
3,454
12.2
3,498
12.5
3,407
12.3
3,308
12.1
3,217
11.9
3,086
11.7
29
10
19
1,098
1,098
0
123
69
54
25
7
18
984
984
0
73
17
56
23
6
17
873
873
0
65
12
53
21
5
16
775
775
0
80
4
76
17
2
15
816
816
0
62
25
37
15
1
14
954
954
0
65
5
60
13
0
13
885
885
0
107
31
76
12
0
12
1,130
1,130
0
102
48
54
12
0
12
1,099
1,099
0
48
2
46
11
0
11
1,088
1,088
0
107
55
52
10
0
10
1,101
1,101
0
54
0
54
9
0
9
1,000
1,000
0
78
17
61
23
0
23
977
977
0
205
175
30
168
133
35
202
183
19
185
168
17
254
235
19
227
197
30
232
186
46
199
180
19
183
146
37
229
196
33
204
172
32
203
183
20
268
238
30
Civil aircraft, shipments c?
Exports
MOTOR VEHICLES
Factory sales total
Coaches, total
Domestic
Passenger cars total
Domestic
Trucks, total
Domestic
.-
_
_
_
-
RAILWAY EQUIPMENT
American Railway Car Institute:
Shipments:
Freight cars, total
_.
number. _
Equipment manufacturers, total
do
Domestic
do. _ _
Railroad shops domestic
do
Passenger cars, total
- do
Equipment manufacturers, total
do
Domestic
-- - do.
Railroad shops, domestic
do
Association of American Railroads:
Freight cars (class I), end of month:§
Number owned
thousands
Undergoing or awaiting classified repairs
thousands..
Percent of total on line
Orders unfilled
number
E quipmen t manufacturers
do
Railroad shops
do
Locomotives (class I), end of month:
Steam, undergoing or awaiting classified repairs
n umber. _
Percent of total on line
Orders, unfilled:
Steam locomotives, total
number-Equipment manufacturers _ _ _ _ _ d o _
Railroad shops
do
Other locomotives, total
do._ _
Equipment manufacturers _ _ _
do _
Railroad shops
do
Exports of locomotives, total _ _ _ _ _
do
Steam
_do
Other
do
INDUSTRIAL ELECTRIC TRUCKS AND
TRACTORS
Shipments total
Domestic
Export
r
- -_
number
do
_ do _-
Revised.
* Excludes "special category" exports not shown separately in the interest of national security.
cf Publication of data for military shipments and the total, formerly shown here, has been discontinued by the Civil Aeronautics Administration.
§Not including railroad-owned private refrigerator cars.
U. S . G O V E R N M E N T P R I N T I N G O F F I C E : 1950
-INDEX TO MONTHLY BUSINESS STATISTICS, Pages S1-S40Pages marked S
38
Abrasive paper and cloth (coated)._
24
Acids
7
Advertising
Agricultural income and marketings . _ _ _ _ 2
15
Agricultural wages, loans
22
Airline operations.
Aircraft____________________________11,12,14,40
Alcohol, denatured and ethyl _________________ 24
Alcoholic beverages________________________2,27
Aluminum _______________________________ 33
Animal fats, greases _______________________ 25
Anthracite __________________ 2,5, 10, 12, 14, 15,34
Apparel, wearing ........ . 5,7,8,9,11,12,14,15,38
Armed forces _____________________________ 10
Asphalt and asphalt products _______________ 36
Automobiles ___________ 2,3, 7,8, 9, 11, 12, 14, 18, 21
20
Balance of payments
15,16
Banking
28
Barley
32
Barrels and drums
34
Battery shipments
29
Beef and veal
2,27
Beverages, alcoholic
Bituminous coal .....
2,5,10,12,14,15 34,35
33,34
Boilers
19
Bonds, issues, prices, sales, yields
37
Book publication
33
Brass
5,38
Brick ____________________________________
16,19
Brokers' loans ____________________________
6
Building contracts awarded
----------------6,7
Building costs
---------------------------Building construction (see Construction).
Building materials, prices, retail trade _____ 5 ,7,8,9
3
Business, orders, sales, inventories
----------4
Businesses operating and business turn-over __
27
Butter_____________........._____________
Candy ___________________________________ 29
Cans, metal ______________________________ 33
Capital flotations _________________________ 18, 19
Carloadings______________________________22,23
Cattle and calves_____________. ----------- 29
Cement_________________________________2,5,38
Cereal and bakery products, price
----------5
Chain-store sales __________________________ 9
Cheese ___________________________________ 27
Chemicals ___________ 2,3, 5, 11, 12, 14, 15, 18, 21, 24
Cigars and cigarettes ______________________ 30
Civil-service employees
-------------------12
Clay products (see also Stone, clay, etc.) _____ 2,38
Clothing___________________5,8,9,11,12,14,15,38
Coal______________________2,5,11,12,14,15,34,35
Cocoa
___________________________________
29
Coffee.--. . . . .___________________________22,29
Coke____________________________.....--- 2,35
Commercial and industrial failures __________ 4
Construction:
Contracts awarded ______________________ 6
Costs_____ _ _ _ ,__________________________6,7
Dwelling units started ___________________ 6
Employment, wage rates, earnings, hours __
10,
11,12,13,14,15
Highway— ...... _______________________ 6,12
New construction, dollar value ____________ 6
Consumer credit
-------------------------16
Consumer expenditures
-------------------1,8
Consumers' price index
-------------------5
Copper. ...... _______________ ....... ----- 21,33
Copra and coconut oil _____________________ 25
Corn____________________________________19,28
Cost-of-living index (see Consumers' price
index) ___________________________ ------ 5
Cotton, raw, and manufactures ... ___________ 2,
4,5,11,12,13,14,21,38,39
Cottonseed, cake and meal, oil___ ------ _____ 25
Crops _____________ _ _______________ 2,4,25,28,30
Currency in circulation
-------------------18
Dairy products________________________2,4,5,27
Debits, bank _____________________________ 15
Debt, short-term, consumer ________________ 16
Debt, United States Government ____ _______ 17
Department stores ____________________ 8,9, 10, 16
Deposits, bank_________________________15,16,18
Disputes, industrial _______________________ 13
Distilled spirits ___________________________ 27
Dividend payments and rates_____________1,18,20
Drug store sales___________________________8,9
Dwelling units started _____________________ 6
Earnings, weekly and hourly ____________ 13,14,15
Eggs and poultry________________________2 , 4 , 2 9
Electrical equipment ____ --------------- 3,4,7,34
Electric power, production, sales, revenues ___ 26
Employment estimates __________________ 10, 11, 12
Employment indexes ______________________ 11
Employment security operations __ __________ 13
Emigration and immigration ________________ 23
Engineering construction ___________________ 6
Expenditures, United States Government ____ 16
Explosives _______________________________ 24
Exports (see also individual commodities) ____ 21
Express operations ________________________ 22
Factory, employment, pay rolls, hours, wages. _
10 ,
11,12,13,14,15
Failures, industrial and commercial __________ 4
Farm income and marketings
--------------2
Farm wages ______________________________ 15
Farm products, and farm prices ............ ___ 2,4
Fats and oils.__________________________5,25,26
Federal Government, finance.. ------------- 16,17
Federal Reserve banks, condition of _________ 15,16
Federal Reserve reporting member banks ____ 15, 16
Fertilizers _______________________ _________ 5, 24
Fiber products ____________________________ 34
Pages marked S
7
fish
25, 29
25
31,32
28
2,3,
4, 5, 7,8, 9,11,12,13,14, 27, 28, 29,30
Footwear
2,5,8,9,11,12,14,31
Foreclosures, real estate
7
Foreign trade, indexes, shipping weight, value
by regions, countries, economic classes, and
commodity groups_.
21,22
Foundry equipment-..
34
Freight cars (equipment)
40
Freight carloadings, cars, indexes
22,23
Freight-car surplus and shortage
23
Fruits and vegetables
2,4,5,21,27
Fuel equipment and heating apparatus
33,34
Fueloil
...
35
Fuels
_
_
2,5,35
Furs
22
Furnaces
34
Furniture
2,5,7,8,9,11,12,13,14
Gas, customers, sales, revenues
26
Gasoline
36
Glass and glassware (see also Stone, clay, etc.). 2,38
Generators and motors
34
Glycerin
24
Gold
_
18
Grains
4,19,21,28
Gross national product
1
Gypsum
38
Heating and ventilating equipment
33,34
Hides and skins
5, 22,30
Highways
6, 7
Hogs
29
Home-loan banks, loans outstanding
7
Home mortgages
7
Hosiery
5,38
Hotels
11,13,15,23
Hours of work per week
12,13
Housefurnishings
5, 7,8,9
Housing
5,6
Immigration and emigration
23
Imports (see also individual commodities)
21, 22
Income, personal
1
Income-tax receipts
16
Incorporations, business, new
4
Industrial production indexes
2,3
Instalment loans
16
Instalment sales, department stores
9
Insulating materials
34
Insurance, life
17,18
Interest and money rates
16
International transactions of the U. S
20, 21, 22
Inventories, manufacturers' and trade
3,9,10
Iron and steel, crude and manufactures
2.3,
4,5,11,12,13,14,21,32,33
35
Kerosene
10
Labor force
13
Labor disputes, turn-over.
29
Lamb and mutton
29
Lard
Lead.
33
Leather and products
2,3,5,11,12,14,30,31
Linseed oil,
....
25
Livestock
2,4,29
Loans, real estate, agricultural, bank, brokers'
(see also Consumer credit)
7,15,17,19
Locomotives
.
40
Looms, woolen, activity
„
39
Lubricants
35
Lumber
2,5,11,12,14,31,32
Machine activity, cotton, wool
39
Machine tools
34
Machinery....
2,3,4,11,12,14,18,21,34
Magazine advertising
7
Mail-order houses, sales
10
Manufacturers' sales, inventories, orders
3,4
Manufacturing production indexes
2,3
Meats and meatpacking
2,4,5,11,12,13,14,29
Metals
2,3,4,5,10,11,12,13,14,18,32,33
Methanol
24
Milk
.
27
Minerals
2,3,12,14,15
Money supply
,18
Mortgage loans
7,15
Motor fuel
36
Motor vehicles
8,40
Motors, electrical
34
National income and product
1
Newspaper advertising
7
Newsprint
22,37
New York Stock Exchange
19, 20
Oats
28
Oil burners
34
Oils and fats
5, 25, 26
Oleomargarine
26
Operating businesses and business turn-over. _
4
Orders, new, manufacturers'
4
Fire losses
Fish oils and
Flaxseed
Flooring
Flour, wheat
Food products
Paint and paint materials..
5,26
Paper and pulp
2,3,5,11,12,14,36,37
Paper products
36,37
Passports issued
23
Pay rolls, indexes
12
Personal consumption expenditures
8
Personal income _ _ .
1
Personal saving and disposable income
1
Petroleum and products________
2,3,
5,10,11,12,14,15, 21, 22,34,35,36
Pig iron.
32
Pages marked S
Plant and equipment expenditures
1
Plastics and resin materials, synthetic
26
Plywood
31
Population
10
Pork
29
Postal business __
8
Postal savings
16
Poultry and eggs
2,4,5,29
Prices (see also individual commodities):
Consumers' price index
5
Received and paid by farmers
4
Retail price indexes
5
Wholesale price indexes
5
Printing
2,3,11,12,15,37
Profits, corporation
18
Public utilities... 1,5,10,11,13,14,15,17,18,19, 20
Pullman Company
,
23
Pulp wood
36
Pumps
34
Purchasing power of the dollar
5
Radio advertising
7
Railways, operations, equipment,financialstatistics, employment, wages
1,
11,12,13,14,15,17,18,19,20,22, 23,40
Railways, street. (See Street railways, etc.)
Rayon, and rayon manufactures
2,5,39
Real estate
7
Receipts, United States Government
16
Reconstruction Finance Corporation, loans
17
Refrigerators
34
Rents (housing), index
5
Retail trade, all retail stores, chain stores, department stores, mail order, rural sales, general merchandise
3,4,8,9,10
Rice
28
Roofing and siding, asphalt
36
Rosin and turpentine..
24
Rubber, natural, synthetic, and reclaimed,
tires and tubes
22,37
Rubber industry, production index, sales, inventories, employment, pay rolls, hours,
earnings
2,3,11,12,14,15
Rye
28
Savings deposits
16
1
Savings, personal
Securities issued
18,19
Service industries, employment
11
Sewer pipe, clay
38
Sheep and lambs
29
Shipbuilding
11, 13,14
Shoes
2,5,8,9,11,12, 14,31
Shortenings
26
Silk, imports, prices
5, 22,39
Silver
18
Skins
5, 22,30
Slaughtering and meat packing
2,
11,12,13, 14,29
Soybeans, and soybean oil
25
Spindle activity, cotton, wool
39
Steel ingots and steel manufactures (see also
Iron and steel)
32,33
Steel, scrap,
32
Stocks, department stores (see also Manufacturers' inventories)
10
20
Stocks, dividends, issues, prices, sales, yields. _
Stokers, mechanical
34
2,
Stone, clay, and glass products
11,12,13, 14,38
34
Stoves
Street railways and buses
13,14 ,15,22
Sugar
22,30
24
Sulfur
Sulfuric acid
24
Superphosphate
24
Tea
30
Telephone, telegraph, cable, and radio-telegraph carriers.
10,13,14, 15,23
Textiles
2,3, 5,11,12,13,14, 21,38, 39,40
38
Tile
Tin
22,33
Tires and inner tubes
5,11,12,14, 15,37
Tobacco
2,3,4,7,11,12,13, 14,30
Tools, machine ...
34
Trade, retail and wholesale._ 3,4, 8,9,10,11,131,14,15
Transit lines, local
15,22
Transportation, commodity and passenger
22,23
Transportation equipment
2,3,4,11,12,13, 14,40
Travel
23
Truck trailers
40
Trucks
40
Turpentine and rosin
24
Unemployment and unemployment compensation
10,13
United States Government bonds
17,18,19
United States Government,
finance
16,17
Utilities
1, 5,10,11,13,14,15,17,18,19, 20
Vacuum cleaners
34
Variety stores.
8, 9
Vegetable oils
25, 26
Vegetables and fruits
2,5,21,27
Vessels cleared in foreign trade
23
Veterans' unemployment allowances
13
Wages, factory and miscellaneous
Washers
Water heaters
Wax
Wheat and wheat
flour
Wholesale price indexes
Wholesale trade
Wood pulp
Wool and wool manufactures
Zinc.
13,14,15
34
34
36
19,28
5
10
36
2,5,22,39,40
33
ON THE NATIONAL
ECONOMY
National Income and Gross National Product Series
1929-1949
&TILL available is the SURVEY'S separate
NATIONAL INCOME SUPPLEMENT, which provides a complete annotated record of the National Income and Product series back to 1929.
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is essential as a base-book for use in connection
with the later statistics presented in the
July 1950 issue of the SURVEY OF CURRENT
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National Income statistics as provided in the
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