Full text of Survey of Current Business : August 1957

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AUGUST 1957

U. S. DEPARTMENT OF COMMERCE
OFFICE OF BUSINESS ECONOMICS

SURVEY

OF CURRENT

BUSINESS

DEPARTMENT OF COMMERCE
FIELD SERVICE

No. 8
AUGUST 1957

Albuquerque, N. Mex.
321 Post Office Bldg.

Memphis 3, Tenn.
22 North Front St.

Atlanta 3, Ga.
66 Luckie St. NW.

Miami 32, Fla.
300 NE. First Ave.

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

Minneapolis 1, Minn.
2d Ave. South and
3d St.

Buffalo 3, N. Y.
117 Ellicott St.

PAGE

THE BUSINESS SITUATION.

1

Cheyenne, Wyo.
307 Federal Office Bldg.

National Income and Product in the
Second Quarter

*

*

2

*

Personal Income by States in 1956

7

Record Growth of Foreign Investments

*

22

*

NEW OR REVISED STATISTICAL SERIES
31

Manufacturers' Sales, Orders, and Inventories—Announcement

31

*

*

MONTHLY BUSINESS STATISTICS
Statistical Index

Cleveland 14, Ohio
1100 Chester Ave.
Dallas 1, Tex.
3-104 Merchandise
Mart
500 South Ervay St.
Denver 2, Colo.
142 New Customhouse

Wholesalers' Sales and Inventories

*

Chicago 6, 111.
226 W. Jackson Blvd.
Cincinnati 2, Ohio
442 U. S. Post Office
and Courthouse

SPECIAL ARTICLES

*

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

S-l to S-40

Inside back cover

Detroit 26, Mich.
438 Federal Bldg.
Greensboro, N. C.
407 U. S. Post Office
Bldg.
Houston 2, Tex.
Franklin and Main St.
Jacksonville 1, Fla.
311 W. Monroe St.
Kansas City 6, Mo.
911 Walnut St.

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Los Angeles 15, Calif.
1031 S. Broadway

New Orleans 12, La.
333 St. Charles Ave.
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110 E. 45th St.
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1015 Chestnut St.
Phoenix, Ariz.
137 N. Second Ave.
Pittsburgh 22, Pa.
107 Sixth St.
Portland 4, Oreg.
520 SW. Morrison St.
Reno, Nev.
1479 Wells Ave.
Richmond 19, Va.
llth and Main Sts.
St. Louis 1, Mo.
1114 Market St.
Salt Lake City 1, Utah
222 SW. Temple St.
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555 Battery St.
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125-29 Bull St.
Seattle 4, Wash.
909 First Ave.

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

AUGUST 1957

By the Office of Business Economics

BUSINESS ACTIVITY has shown little change since
midyear, apart from developments of a seasonal nature. In
overall terms, the pattern of the first two quarters of the
year has been extended—featuring sustained high levels of
employment and volume of total output, together with continuing gradual rises in prices and incomes.
As depicted in the chart at the left, gross national product
registered a further advance in the second quarter—attributable mainly to higher prices—and demand was high in each
of the several broad segments of the economy. The secondquarter figures on national income and product are reported
and reviewed in the following pages.
Seasonally adjusted, the number of employees in nonfarm establishments changed little from June. Factory
employment continued the downdrift initiated at the turn
of the year, but counterbalancing gains occurred in other
sectors, mainly trade, services, and government.
The recent rate of nonfarm employment reflects some
pickup over that prevailing in prior months of the year.
At 52.8 million (seasonally corrected), the July total was
about 300,000 above the average for the first quarter.

Gross National Product and Prices
BILLIONS OF DOLLARS (ratio scale)
600

300

200
PERSONAL CONSUMPTION EXPENDITURES

GOVERNMENT PURCHASES
I 00
90
80

Price developments

70
60
50

40

30

BUSINESS FIXED

INVESTMENT
Quarters,seasonally adjusted,at annual rates

20

I

I

I

I

I

I

I

I

I

I

I

I

I

I

I

I

I

I

I

I

1

I

I

INDEX, 1 9 4 7 - 4 9 = 100

I 30

PRICES

(BLS)
CONSUMER

120

\

Further rise in income flow

110

WHOLESALE
IOO

90 1

i

I

i

1952

I

I

I

I

1953

I

i

I

I

1954

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




Consumer prices have continued to move upward. The
increase of six-tenths of a point reported for June extended
the consumer price index to 120.2 (1947-49 = 100), which
was 3% percent above a year ago. Seasonally higher food
prices accounted for most of the latest rise, although prices
in nearly all other major groups of goods and services continued to edge upward.
In wholesale markets, prices recently have been tending
higher after showing little overall fluctuation since early in
the 3^ear. The BLS all-commodity index advanced slightly
from May to June and then showed a larger rise, 0.6 percent,
in July. All 3 major categories—farm products, processed
foods, and industrial commodities—contributed to the July
rise. Increases in prices of metals and metal products—
chiefly of steel mill products—featured the advance in the
industrial category.

I

I

I

I

1955

1956

1957
57 ~24 - I

Personal income in July was at an annual rate of $345%
billion—almost $1 billion higher than in June and $20 billion"
or 6 percent, above July of 1956.
The rise in individual incomes from June to July centered
largely in wages and salaries. These disbursements, which
account for two-thirds of total personal income, are runningahead of last year in all major industrial divisions of the
economy. As compared with last December, current payroll levels are uniformly higher in the various nonmanufacturing divisions, where both employment and wage rates

SUEVEY OF CUEEENT BUSINESS
generally have been tending upward. In manufacturing,
total wages and salaries have shown little net change over
the past 7 months, as the decline in employment and an
accompanying reduction in average hours of work have been
offset by rising wage rates.
Two other aspects of the factory payroll picture may be
noted briefly. Since the end of last year, a considerable
drop in production-worker wages has been counterbalanced
by a rise in total salary payments. Further, the decline in
aggregate wages has been concentrated very largely in the
automobile industry. Movements in the other (approximately 20) major groups have been generally quite small,
and in no case has the change been of substantial proportion.
Sales of manufacturers in June, after seasonal adjustment,

August 1957

were down slightly from May but 4 percent above June a
year ago. The current rate is moderately below the high
of last January.
New orders placed with manufacturers in June, seasonally
adjusted, were off 4 percent from May, and were moderate!;^
below a year ago. Although nearly all major industries
experienced declines in June, most of the reduction occurred
in the transportation equipment group—particularly aircraft.
Since the end of last year, new orders consistently have
fallen below current sales, so that the backlog of unfilled
orders has contracted steadily. In June, unfilled orders in
manufacturing totaled $60 billion, down $4 billion since the
turn of the year and about the same as in mid-1956. Twothirds of the $4 billion drop has occurred in the transportation equipment industry and has centered in defense aircraft.

National Income and Product
in the Second Quarter
J.HE VALUE of the gross national product continued its
gradual expansion in the second quarter with an advance of
$5 billion, or 1 percent, to reach a seasonally adjusted annual
rate of $434% billion. An increase of $3 billion had occurred
in the first quarter.
The aggregate of final purchases—total output less Additions to inventory—rose only moderately from the first
quarter to the second. This was in contrast to the rather
substantial gains recorded earlier this year and during 1956.
In some broad categories, levels reached in the first quarter
were not maintained in the second; e. g., in consumer spending for autos and in net exports. The downtrend in residential construction continued, while business fixed investment as a whole exhibited little change. Personal consumption expenditures excluding automobiles, and government purchases showed further growth, though the latter
advanced much less than in the previous quarter.
The more cautious inventory policy of business initiated
last winter continued through the spring months. Nonetheless, the role of inventory investment in the movement
of the national product changed markedly from the first
quarter to the second. A swing from the $5 billion rate of
inventory accumulation in the fourth quarter to a $1 billion
liquidation in the first had offset a large part of the increase
in final purchases which occurred after the turn of the year.
In the second quarter, a limited resumption of inventory
building contributed about as much to the rise in the gross
national product as did the advance in final purchases.
The bulk of the overall increase in the value of output this
year seems to have been associated with the uptrend in prices.
The rise in consumer spending has about paralleled the advance in the consumer price index, and higher prices have
contributed to the growth of outlays for fixed capital, as
both construction and equipment costs have continued to
advance. Prices paid by government have also risen further
in 1957. In contrast to these trends in final-product markets,
wholesale price indexes for crude and intermediate materials,




supplies and components showed little movement in the first
half of 1957. Data for July suggest, however, that these
indexes have tended higher since midyear.
Total public and private payrolls advanced 1 percent, or
$2% billion at annual rates from the first to the second quarter. On an all-industry basis, this expansion is indicated to
have been entirely the result of higher hourly earnings, as
the payroll effect of the limited increase in employment was
offset by a further reduction in the average length of the
workweek. Net income of unincorporated enterprises was
up around $% billion from the first-quarter rate, and the
flow of interest and dividends also expanded fractionally.
(Corporate profits data for the second quarter are not yet
available.)
These increases, together with a $1% billion rise in old-ageinsurance payments, reflecting the expansion in coverage of
such insurance, carried personal income up $4% billion to an
annual rate of $342% billion. After taxes, disposable personal income available for spending and saving was at a
record annual rate of $300 billion.

Mixed trends in consumer spending
Personal consumption expenditures were up $2 billion in
the second quarter, to a seasonally adjusted annual rate of
$279 billion. The advance was somewhat less than in other
recent quarters.
The uptrend in consumer spending for services and for most
categories of nondurable goods continued, the latest gains
being approximately in line with the growth of disposable
income. These gains were partly offset, however, by a small
dip in auto purchases.
Automotive expenditures were at a seasonally adjusted
annual rate of $15% billion in the spring quarter, off $1
billion from the January-March rate, though still higher in
dollar amount than in any quarter of 1956. The improve-

SURVEY OF CURRENT BUSINESS

August 1957

merit over last year reflected higher average prices; unit sales
for the model year to date have been lower than last year,
though the second-quarter sales volume about equaled that
of the same period a year ago. Consumer spending for
^durable goods other than autos continued at about the rate
maintained since early 1956.
A rise in spending for food, associated with a greater than
seasonal price increase, was the largest single element in
the $2 billion advance in outlays for nondurables in the
second quarter. Expenditures for services were up by about
$1% billion, an expansion approximately in line with recent
trends. Along with the persistent updrift in prices, the
gains reported in this category seem to have reflected a significant increase in the volume of services as well. Real
gains are particularly evident in the case of housing.

Capital goods demand strong
Business outlays for fixed investment advanced fractionally in the second quarter to an annual rate of $49%
billion. The plant and equipment survey conducted late
this spring reported increases of varying magnitude for a
majority of industry groups. Underlying the rise in the
total were advances in nonrail transportation and gas and
electric utility industry outlays; manufacturers of nonauto
transportation equipment, electrical and other machinery,
Changes in Gross National Product
First to second quarters, 1957
B I L L I O N S OF D O L L A R S - S E A S O N A L L Y ADJUSTED, AT ANNUAL

-4

-3

-2

-I

1

i

1

1

0

PERSONAL CONSUMPTION:
Automotive

Other

INVESTMENT:
Business inventory investment

Business f i x e d investment

Residentiol construction

Net foreign investment

GOVERNMENT

PURCHASES

Notional defense

Other f e d e r a l

S t a t e and local

I

|

|

I

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




RATES

tl

t2

+3

t4

1

1

1

1

and primary metals also stepped up their outlays this year.
Gains in these and other industries were offset in considerable
part, however, by cuts in investment spending by auto
manufacturers and by the trade and service industries.
While private construction activity in the nonresidential
categories expanded further, residential construction activity continued to decline. Though showing some improvement in June, residential building in the second quarter
was off $K billion from the first quarter and $1 billion from
the final quarter of last year.
Some firming in seasonally adjusted private housing starts
was reported for the April-June period, though the totals
remained well below those for the same months of 1956.
After adjustment for seasonal variations, conventionally
financed starts, which had decreased only slightly during the
past 2 years, were the major factor in the spring upturn.
The movements of starts under FHA and VA inspection,
which had borne the brunt of the 2-year decline, were divergent during the second quarter, with VA starts continuing
to decline and FHA starts showing a moderate upturn.
Paralleling the movement in Government-backed starts were
continuing decreases in requests for VA appraisals and increasing applications for FHA mortgage insurance, again
after rough allowances for seasonal patterns.

Inventory change limited
Business inventories have fluctuated within a relatively
narrow range so far in 1957, reflecting the conservative
buying policies which have prevailed since the turn of the
year.
As measured for national income purposes in terms of
replacement-cost value, the change in nonfarm stocks
amounted to less than $% billion at annual rates in the
first quarter, as a moderate accumulation in manufacturing
was slightly more than offset by liquidation at both wholesale and retail levels. Despite some shifts in internal composition, manufacturing inventories continued to increase
in the second quarter, and wholesale trade inventories to
decrease, at about the same pace as in the preceding 3month period. Retailers' stocks, however, showed a reaction
following the first-quarter selloff, and this reversal was
primarily responsible for the $2 billion rate of buildup in
the adjusted totals for all nonfarm industry reported during
the second quarter.
The swing from liquidation to accumulation at the retail
level reflected developments in both hard and soft goods.
Book-value data for major lines of activity reveal a
fairly persistent tendency toward tapering liquidation or
progressive
accumulation during the spring months. Auto
dealers7 stocks represented an exception to the general
trend of retail inventories; the buildup of cars on hand seems
to have slowed from the first quarter to the second, if
rough allowance is made for seasonal variation, though at
midyear such holdings were still higher than at the same
point in 1956.
As in the winter quarter, liquidation of wholesale stocks
occurred on approximately the same scale in durables as in
nondurable goods, with movements varying widely among
individual lines.
In manufacturing, book-value data indicate that the industrial composition of the buildup by durables manufacturers
was broadly similar to that recorded for the first quarter.
Increases in holdings centered largely in the nonauto transportation equipment, primary metals, and nonelectrical
machinery industries. In the first two of these groups, the
accumulation was associated with moderate contraction in
sales.

SUEVEY OF CUEEENT BUSINESS

Ally-list 1957

Table 1.—Gross National Product, National Income, and Personal Income, 1955, 1956, and First Half 1957
[Billions of dollars]
Seasonally adjusted at annual rates

Unadjusted

1955

1956

1956

1955

1957
I

II

I

II

III

107.8

IV

1957

I

II

III

IV

I

II

GROSS NATIONAL PRODUCT OR EXPENDITURE
Gross national product,.
Personal consumption expenditures
Durable goods
Nondurable goods
Services

___

Gross private domestic investment
New construction
Residential nonfarm
Other
Producers' durable equipment
Change in business inventories, total .._
Nonfarm only

391.7

414.7

104.0

379.0

387.7

397.0

402.8

405.2

410.8

416.7

426.0

429.1

434.3

254.4

267.2

65.8

69.7

247.4

252.1

258.3

259.9

262.8

265.0

268.6

272.3

276.7

278.9

35.6
126.0
92.8

33.9
133.3
99.9

8.1
31.6
26.1

8.9
34.4
26.4

34.7
122.4
90.2

35.3
124.8
92.0

37.2
127 A
93.7

35.4
129.2
95.3

34.6
130.9
97.2

33.3
132.7
99.0

33.0
134.4
101.1

34.8
135.3
102.2

35.9
137.3
103.4

35.0
139.1
104.9

60.6

65.9

16.5

15.4

55.6

59.7

61.4

65.4

64.4

65.3

65.5

68.5

62.7

65.0

32.7

33.3

7.1

8.2

31.6

32.7

32.9

33.2

32.9

33.6

33.2

33.4

32.8

32.7

16.6
16.1

15.3
18.0

2.9
4.2

3.6
4.7

16.3
15.3

16.8
15.9

16.7
16.2

16.4
16.8

15.7
17.3

15.5
18.1

15.1
18.1

15.1
18.4

14.4
18.5

13.9
18.9

23.7

28.1

7.5

8.0

21.3

22.4

25.2

25.9

26.3

27.2

29.0

29.9

30.7

30.5

4.2
4.0

4.6
5.0

2.0
2.1

-.8
-.7

2.7
2.2

4.6
4.2

3.3
3.1

6.3
6.3

5.2
5.4

4.6
5.0

3.3
3.9

5.1
5.7

-.8
-.3

1.7
2.2

-.4

-.7

.1

-.7

2

1.2

2.0

2.4

4.1

3.5

21.8

76.5

76.6

77.2

78.2

78.2

79.3

80.6

82.8

85.6

86.9

12.6

12.8

46.9

46.5

46.7

47.1

46.2

46.4

47.3

49.0

50.3

51.1

11.4

11.6

41.8

41.3

41.3

40.7

41.1

41.6

42.7

44.2

45.5

46.3

40.4
2.0

10.9
.5

11.1
.5

39.2
2.6

39.0
2.3

39.4
1.8

38.7
2.0

39.1
2.0

39.5
2.1

40.9
1.9

42.0
2.2

43.6
1.9

44.2
2.1

5.2
.4

1.3
.1

1.3
.1

5.5
.4

5.6
.4

5.8
.4

6.8
.4

5.5
.4

5.2
.4

4.9
.4

5.1
.4

5.2
.4

5.2
.4

8.1

9.1

29.5

30.1

30.5

31.1

32.0

32.9

33.3

33.9

35.3

35.8

355.1

Net foreign investment

-.4

1.4

1.0

Government purchases of goods and services

77.1

80.2

20.7

46.8

47.2

41.3

42.4

39.1
2.2
5.9
.4

Federal
National security
National defense
Other national security
Other.
. _ ...
Less: Government sales
State and local

30.3

33.0

.9

NATIONAL INCOME BY DISTRIBUTIVE SHARES
National income

324.1

343.6

87.7

311.4

321.5

328.3

334.9

335.8

340.6

344.5

353.3

Compensation of employees

223.1

241.4

62.0

63.2

214.0

221.3

226.1

230.8

234.5

240.0

242.7

247.9

251.1

Wages and salaries

210.3

227.2

57.9

59.2

201.8

208.8

213.0

217.5

220.9

226.1

228.3

233.3

235.9

238.2

174.4
9.8
26.1

189.4
9.7
28.2

48.1
2.4
7.4

49.4
2.4
7.4

166.9
9.7
25.3

172.8
10.0
26.1

176.9
9.8
26.4

181.1
9.7
26.8

183.9
9.7
27.3

188.4
9.7
27.9

190.1
9.7
28.5

194.7
9.7
28.9

196.8
9.6
29.4

198. 8
9.7
29.7

Private
Military
_
_
Government civilian

_

Supplements to wages and salaries

12.7

14.1

49.4

49.9

_

27.3
11.9
10.2

28.0
11.6
10.3

7.1
2.9
2.6

Corporate profits and inventory valuation adjustment

40.7

40.4

42.5

43.0

21.5
21.0

Proprietors' and rental income *
Business and professional
Farm
Rental income of persons
Corporate profits before tax
Corporate profits tax liability
Corporate profits after tax

253. 6

12.2

12.5

13.0

13.2

13.7

13.9

14.4

14.6

15.3

15.4

48.7

49.6

49.6

49.6

49.3

49.7

50.0

50.7

50.3

50.7

26.7
11.7
10.4

27.3
12.1
10.2

27.6
11.9
10.1

27.8
11.7
10.1

27.7
11.4
10.2

28.0
11.5
10.3

28.2
11.5
10.4

28.3
12.0
10.4

28.4
11.5
10.4

28.7
11.7
10.4

10.0

38.2

39.9

41.6

43.2

40.5

39.1

39.8

42.4

41.2

10.8

39.4

40.7

43.6

46.1

43.3

42.4

40.8

45.6

43.9

22.0
21.0

5.5
5.3

20.0
19.5

20.6
20.1

22.1
21.5

23.4
22.7

22.1
21.2

21.6
20.7

20.8
19.9

23.3
22.3

22.4
21.5

4.1

12.6

4.1

12.7
7.2
2.9
2.6

-2.6

-.7

-.3

-.9

-2.0

-2.9

-2.8

-3.2

-1.0

-3.2

2 7

Net interest

10.9

11.9

3.1

3.2

10.5

10.7

11.0

11.3

11.5

11.7

12.0

12.3

12.5

12.7

Addendum: Compensation of general government employees

33.9

36.1

9.4

9.5

32.9

33.8

34.4

34.5

35.0

35.8

36.6

36.9

37.5

38.0

305.9

326.9

82.9

85.1

294.8

303.3

309.4

318.5

325.3

328.7

334.5

337.7

342.4

35.8

39.7

11.3

11.8

34.7

35.5

36.2

36.6

38.9

39.5

39.8

40.5

42.2

42.9

31.5
4.2

35.1
4.6

10.0
1.3

10.3
1.4

30.6
4.1

31.3
4.2

31.9
4.3

32.3
4.3

34.4
4.5

35.0
4.5

35.2
4.6

35.8
4.7

37.4
4.9

38.0
4.9

Inventory valuation adjustment

-1.7

-1.2

-1.3

PERSONAL INCOME AND ITS DISPOSITION
Personal income
Less* Personal tax and nontax payments
Federal
State and local
Equals : Disposable personal income

- ..
_.

Less* Personal consumption expenditures
Equals: Personal saving

_
-

--

315.2

270.2

287.2

71.6

73.3

260.1

267.8

273.2

278. 6

279.6

285.8

288.8

294.0

295.5

299.5

254.4

267.2

65.8

69.7

247.4

252.1

258.3

259.9

262.8

265.0

268.6

272.3

276.7

278.9

15.8

20.0

5.8

3.6

12.7

15.7

14.9

18.7

16.8

20.8

20.3

21.7

18.9

20.6

1. Includes noncorporate inventory valuation adjustment.
Source: U. S. Department of Commerce, Office of Business Economics.
Errata in July 1957 SURVEY, National Income Number
Page 29: table 45, line 1, figure for fourth quarter should read "426.0".




Pages 30 and 31: table 51, figures in line 11 are combined totals for lines 10, 11, and 12.
Figures in lines 16 and 17 should be transposed. Combined totals for
lines 17,18, and 19 will be the figures in line 17 after correcting for transpositions.

August 1957

SURVEY OF CURRENT BUSINESS

Table 2.—Relation of Gross National Product, National Income, and Personal Income, 1955, 1956, and First Half 1957
[Billions of dollars]
Seasonally adjusted at annual rates

Unadjusted

1955

Gross national product

__

_

Less* Capital consumption allowances
Indirect business tax and nontax liability
Business transfer payments
_ _ _.
Statistical discrepancy

_

I

II

I

II

III

IV

I

II

III

IV

I

414.7

104.0

107.8

379.0

387.7

397.0

402.8

405.2

410.8

416.7

426.0

429.1

434.3

31.6
32.9
1.3
2.1

34.3
35.0
1.3
1.6

9.0
8.8
.3
-1.7

9.2
9.2
.3

30.6
31.5
1.3
4.4

31.4
32.8
1.3
1.4

32.0
33.2
1.3
2.3

32.6
34.0
1.3
.1

33.3
34.1
1.3
1.5

33.9
34.7
1.3
1.3

34.6
35.1
1.3
2.3

35.3
36.1
1.3
1.6

36.1
36.4
1.3
1.6

36.6
36.6
1.3

.4

1.6

.1

.7

.0

.1

.8

1.0

1.1

1.6

1.4

311.4

321.5

328.3

334.9

335.8

340.6

344.5

353.3

355.1

4.1
.0

38.2
10.6
.1

39.9
10.8
.5

41.6
11.3
-.6

43.2
11.4
.0

40.5
12.0
.0

39.1
12.2
.0

39.8
12.5
.0

42.4
12.8
.0

41.2
14.2
.0

14.3
.0

4.8
1.3
3.0
.3

5.1
1.8
2.9
.3

15.7
5.2
10.2
1.3

16.1
5.1
10.4
1.3

16.1
5.2
10.8
1.3

16.2
5.3
12.0
1.3

16.6
5.5
11.7
1.3

17.1
5.7
12.0
1.3

17.4
5.8
12.1
1.3

17.7
5.9
11.5
1.3

18.4
6.0
12.4
1.3

20.0
6.0
12.5
1.3

82.9

85.1

294.8

303.3

309.4

315.2

318.5

325.3

328.7

334.5

337.7

342.4

.2

1,1

.2

343.6

87.7

Less' Corporate profits and inventory valuation adjustment
Contributions for social insurance . . _ _
Excess of wage accruals over disbursements

40.7
11.0
.0

40.4
12.4
.0

10.0
4.1
.0

Plus 1 Government transfer payments
Net interest paid by government
Dividends
Business transfer payments

16.1
5.2
11.0
1.3

17.2
5.7
11.9
1.3

305.9

326.9

Equals* National income

_

_

Equals: Personal income

II

391.7

324.1

Plus' Subsidies less current surplus of government enterprises

1957

1956

1955

1957

1956

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

The rise iu holdings of nondurables manufacturers tapered
from the first quarter to the second. The further increase
was primarily due to a sizable advance in petroleum industry
stocks. These stocks, which had shown virtually no change
in the opening quarter of the year, increased in the second,
largely as a result of the restoration of petroleum imports
following the termination of the Suez crisis. Other nondurable goods industries registered either a slackening in the
growth of book values or moderate liquidation in the second
quarter.

Net exports continue high
Our foreign trade has been an important element of strength
in the recent business situation. Net exports of goods and
services in the second quarter remained close to the peak
which had been reached in the winter after a series of quarterly advances continuing throughout 1956.
In addition to the general prosperity abroad and the
associated demand for a wide range of United States products including investment goods, the course of net exports
has reflected the active farm export program of the Federal
Government and a number of special conditions. The stoppage of traffic through the Suez Canal played a substantial
part in the sharp expansion of net exports last winter, and
the progressive restoration of normal movement seems to
have been a major reason for the subsequent limited contraction.
The favorable United States export balances were accompanied in the first half of the year by some drain on
foreign gold and dollar holdings available for the purchase
of goods and services here.

Uptrend in government purchases
Purchases of goods and services by the Federal Government advanced about $1 billion in the spring quarter, to an
annual rate of $51 billion. This rise has continued the uptrend of the past year which has centered primarily in national
defense outlays. On the basis of the limited information
available, it appears that higher prices have been an important factor in the $4K billion expansion in the rate of
Federal purchases since the spring of 1956.



Aside from increases in outlays for goods and services, the
Federal Government has contributed indirectly to the
aggregate demand for the Nation's output this year through
a substantial expansion in transfer payments. Such payments, which had shown a relatively gradual growth in
recent years, advanced sharply from the beginning of 1957
as a result of amendments to the Social Security Act. The
spurt in total Federal transfers since the turn of the year has
reflected payment of the first claims for OASI benefits filed
by self-employed farmers and by women aged 62-65. Because of the time required for the initial processing, many
claims covering the first quarter were paid in the second
instead.
Table 3, which summarizes government transactions on
income and product account, shows that increases since last
year in grants-in-aid, subsidies, and interest have also contributed to the rise in Federal expenditures. Grants-in-aid
have expanded with disbursements to the States under the
highway program and the amended public-assistance provisions of the Social Security Act; the rise in subsidies
centered in soil-bank payments to farmers; and interest
costs have reflected the uptrend in rates.
Much of the overall increase in Federal expenditures
shown in the table was offset by the growth of receipts, so
that the surplus on income and product account remained
substantial. (The data presented here conform to the
definitions used in national income measurement, and differ
in many respects from the administrative and "cash" budget
figures. For the first half of 1957 the most important
difference was in the handling of loan transactions, the
treatment of which accounts in large part for the higher
Federal surplus shown on this than on the alternative bases.)
The major advances in Federal revenue occurred in personal taxes and—reflecting the higher rates as well as some
expansion in the tax base—in contributions for social insurance. The rise in these contributions was of approximately
the same magnitude as that in transfer payments, on a halfyearly basis. Receipts from indirect taxes also rose substantially over this period.
State and local purchases of goods and services have
continued this year the sustained advance which has been
characteristic of the entire postwar period, rising $% billion
in the second quarter to an annual rate near $36 billion.
A $3 billion growth in the rate of purchases since the
first half of 1956 has accounted for the bulk of the overall

SURVEY OF CURRENT BUSINESS

6

August 1957

increase in State and local spending shown in the table.
The expansion of revenues which offset the bulk of this
increase centered in indirect business taxes and in receipts
of Federal grants-in-aid.

discussed above, together with the leveling off of payroll
deductions for social insurance after their sharp rise when
the new higher rates went into effect in January.

Personal income advances

Nonmanufacturing payrolls up

The $4% billion advance in personal income in the spring
quarter compares with a rise of $3 billion from the fourth
quarter to the first, at annual rates. (See chart.) Payrolls
continued to expand at about the first-quarter pace, as did
the total of interest, dividends, and proprietors' income.
The acceleration in the growth of personal income during the
spring reflected the spurt in Government transfer payments

As in the first quarter, the rise in wage and salary income
occurred outside manufacturing. All major industry divisions showed gains. These were generally on the order of
1-2 percent, with wholesale trade, construction, and communications and public utilities somewhat above this range.
In manufacturing, the continued growth in salary payments offset a further contraction in the wages of production workers. The decline in the latter, amounting to
about % of one percent, stemmed from the durable-goods
category. There, more than half the overall decrease
centered in the auto group though minor cuts were reported
for most other metal-goods industries as well. Wage payments in nondurables manufacturing turned up in the
second quarter after a dip in the first; fluctuations in textiles,
apparel, and leather were primarily responsible for this
swing.

Personal Income
BILLIONS OF DOLLARS
350
TOTAL

340 -

Table 3.—Government Receipts and Expenditures on Income and
Product Account

-S3Q

[Seasonally adjusted annual rates in billions of dollars]

320

First half
1956

Change

1957

310
Total receipts

300 l/L

FEDERAL

Personal tax and nontax receipts
Corporate profits tax accruals
Indirect business tax and nontax accruals
Contributions for social insurance

170
NONMANUFACTURING
PAYROLLS

__

Total expenditures

160

Purchases of goods and services
Transfer payments
Grants-in-aid to State and local governments
Net interest paid
Subsidies less current surplus of Government enterprises

.

Surplus on income and product transactions

140

Total receipts

$0

STATE AND LOCAL

Personal tax and nontax receipts
Corporate profits tax accruals.
_
Indirect business tax and nontax accruals .
Contributions for social insurance
Federal grants-in-aid
Current surplus of government enterprises

MANUFACTURING
PAYROLLS

___ _

Purchases of goods and services
Transfer payments
Net interest paid
__ _

PROPRIETORS' AND
PROPERTY INCOME

Surplus on income and product transactions

80

i 83 6

6 5

37 7
i 21. 4
12 2
12. 3

30
.5
10
2.1

70 1

78 4

83

46.3
13 2
29
51
2.6

50.7
15 3
3 6
5 4
3.4

4.4
2 1

7.0

5.2

-1.9

37.6

2.5

35.1

_
__
_.

Total expenditures

.70-

77.1
34 7
20.9
11.2
10.3

._

1

7

3
.8

.4

4 5
1.0
23.2
1.8
29
1.7

4 9
i 1.0
24.3
1.9

1.1
.1
.7
.2

36.6

40.0

3.4

32.5
36

35. 5
39
.6

3.1
.3
.1

-2.4

-.9

.5

— 1.5

1.9

3 6

1. Second-quarter corporate profits tax accruals not yet available; figures used here are
first-quarter annual rates.
Source: U. S. Department of Commerce, Office of Business Economics.

70 U
V

L

Increase in hourly earnings

NET TRANSFER PAYMENTS'*

JO

0
OUAftTCfcUf TOTALS, $€A$. ADJ., AT A^NUAL; RATES ^




^nf of Commerce, Office

5T ~ 2 4 -* 3

For private industry as a whole, higher average hourly
earnings continued as the major factor in payroll expansion,
the total of man-hours worked having shown relatively little
change since the turn of the year.
Data for production worker employment in manufacturing
indicate that the first-quarter pattern of fractional declines
in most of the durables groups and in about half the nondurables lines continued in the spring. The downdrift in
average weekly hours which had been similarly widespread
(Continued on p. 30)

by Robert E. Graham, Jr.

Personal Income by States in 1956
FEIDRSONAL INCOME in 1956 was higher than in 1955 in
nearly every State. In the further economic expansion of
last year, total income moved up at broadly similar rates in
most sections of the country.
As evidenced by the comprehensive State income measure,
economic conditions in 1956 were generally the best on
record. The flow of income to individuals was at a record
high, on both a total and per capita basis, in all but a few
States. In those States, incomes in 1956 were only moderately below the peaks attained in earlier recent years.
Personal income in the continental United States totaled
$324 billion in 1956—7 percent larger than the 1955 aggregate of $303 billion.
For the second successive year the top-ranking regional
gains were scored by the Far West and Rocky Mountain
areas, where aggregate incomes rose 8 percent. In the Far
West—dominated by California—above-average gains pervaded the economy. In the Rocky Mountain States, where
income fluctuations usually reflect the fortunes of agriculture, the gain in 1956 was concentrated in the nonfarm sector.
Farm income in this section showed little change from 1955.
Income expansion in New England, the Mideast, Southeast, and Southwest—which together account for over half
of total income—matched the 7-percent rise on a national
basis. In the first two of these regions, where farming is a
comparatively minor source of income, slightly aboveaverage gains in the private nonfarm segment of their
economies were offset by below-average increases in total
income disbursed by the Federal, State, and local governments. In both the Southeast and Southwest, private nonfarm income rose at rates well above average; but there were
sizable reductions in farm income, and percentage advances
in government income disbursements were less than in the
country as a whole.
Total income last year in the Plains and Great Lakes
States was up 5-6 percent over 1955. In the Plains, the
most agricultural of all regions, three industries dampened
the rise in total income—farming and contract construction,
in which individuals' earnings were little changed from 1955,
and trade, where the increase was modest. In the Great
Lakes States, the below-average performance is attributable
mainly to developments in manufacturing. The 5-percent
rise in income from manufacturing last year was least among
major industries in that area.

Virginia, it centered in an extension of the 1955 upturn in the
State's important coal-mining industry, which had declined
sharply during the preceding 3 years. Idaho's showing
derived primarily from a spurt of one-fifth in agricultural
income, although mining, manufacturing, and construction
contributed substantially.
Another unusually large advance occurred in Louisiana,
where aggregate individual incomes in 1956 were one-tenth
higher than in the previous year. There, a sizable decline in
farm income partly countered the State's third-ranking gain
in personal income from nonfarm sources.
At the other end of the scale, personal income last year
was stable in Mississippi and rose 3 percent or less in Arkansas, South Carolina, Kansas, Nevada, and the District of
Columbia. In the first four of these States, there were sharp
decreases in agricultural income. Also noteworthy, in both
Kansas and South Carolina relative increases in nonfarm
flows were generally below the national pace.
In the District of Columbia, most major income sources
rose moderately or were little changed from 1955 to 1956.

Personal Income
Largest and smallest increases, 1955 to 1956

Delaware

Arizona
Florida
Idaho
West Virginia
/ Louisiana

UNITED STATES

Top-ranking States
As shown in the chart, increases in total income from 1955
to 1956 were largest in Delaware (14 percent), Arizona (12
percent), and Florida (11 percent). Gains in these States
were broadly based, with sizable advances in all major
income sources. It is noteworthy that throughout the past
decade these three States have ranked consistently among the
half dozen with largest annual increases in personal income.
Aggregate income in West Virginia and in Idaho was up 11
percent in 1956. In each, the largeness of the increase
stemmed from particular industrial sources. In West
NOTE.—MR. GRAHAM IS A MEMBER OF THE NATIONAL INCOME DIVISION, OFFICE OF BUSINESS ECONOMICS.




4

-

Nevada
<r Kansas
^South Carolina
Dist. of Columbia
Arkansas

Mississippi
U. S. Department of Commerce, Office of Business Econo

SURVEY OF CURRENT BUSINESS
Nevada's income experience last year is in striking contrast to both long-term and recent-period trends. Over the
1929-56 period as a whole, the State's six and one-half
fold expansion in total personal income was exceeded only
in Florida. The near doubling of income in Nevada since
1950 represents the largest relative increase in the Nation.

August 1957

these differentials have been reduced considerably, as shown
in table I.
By States, average incomes in 1956 varied from $2,858 in
Delaware to $964 in Mississippi. In addition to Delaware,
others in the top rank—all with per capita incomes of more
than $2,350 in 1956—included Connecticut, New Jersey^
California, Nevada, New York, Illinois, and the District of
Columbia. Per capita figures for all States are listed in
table 2.
Relative increases in per capita income last year were
somewhat better than average in New England and the
Mideast. In this northeastern area of the Nation, overall
per capita income is about one-sixth above that for the
country as a whole. As may be seen from the table, however,
within this large area there are wide variations among
individual States.
Heavily dominated by California, the average income
level of the Far West is highest among the regions—one-

Per capita incomes
Per capita personal income in 1956 amounted to a record
$1,940 for the country as a whole—5 percent above the 1955
average of $1,847. Reflecting a considerable averaging-out
of variations on a State basis, regional per capita income
changes from 1955 to 1956 were within the narrow range of
4 to 6 percent. This was in line with the observed postwar
tendency for per capita income differentials to remain relatively stable in most regions. Over the long-term, however,

Table I.—Changes in Total and Per Capita Personal Income, by States and Regions, Selected Years, 1929-56
Total personal income
Percent of continental United States

State and region

Continental United States
New England
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

_
__

_ _ _ _ _

Mideast
New York
_ ._
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Great Lakes
Michigan
_
Ohio
Indiana
_ __
Illinois
Wisconsin.

_ _
_

_ _ _ _ _

_

__

__ __

__ _

Plains
Minnesota
_ _ _ _ _
_ _
Iowa
Missouri
_
_ _ __
_ _ _ _ _
North Dakota
South Dakota
Nebraska
- Ivansas
__ _
Southeast
Virginia
__
West Virginia
Kentucky
Tennessee
North Carolina
_
South Carolina
Georgia
_ _.
Florida
Alabama
Mississippi
_.
_
__
Louisiana
_
_ _
Arkansas
Southwest
Oklahoma
Texas
New Mexico
Arizona
Rocky Mountain
Montana
Idaho
Wyoming
Colorado
Utah
Far West
Washington
Oregon
Nevada
California
TcTTitory of Hawaii

.

_ _ _ _
_

__
-

Percent increase

Percent of continental United States

Percent increase

1929

1940

1946

1950

1956

100. 00

100. 00

100. 00

100. 00

100. 00

279

44

7

100

100

100

100

100

176

30

5

8.32
.56
.38
.26
4.51
.69
1.92

8.15
.57
.36
.23
4.32
.68
1.99

6.99
.53
.32
.21
3.60
.61
1.72

6.73
.48
.31
.20
3.45
.57
1.72

6.59
.47
.31
. 19
3.27
.51
1.84

200
217
215
170
175
180
264

41
40
45
35
36
29
55

7
5
6
6
7
5
8

125
85
98
89
130
124
146

127
88
97
85
132
125
154

110
89
92
85
112
108
126

109
80
88
79
111
110
128

114
86
93
85
114
104
138

151
177
163
162
142
131
160

35
40
38
38
33
22
40

6
5
5
6
6
4
7

32.06
16.47
4.33
8.79
.28
1.47
.72

30.50
14.92
4.37
8. 17
.34
1.67
1.03

26.79
12.93
3.92
7. 16
.26
1.66
.86

26.36
12.43
3.86
7.30
.31
1.67
. 79

25.62
11.96
4.07
6.79
.35
1.82
.63

203
175
255
192
379
369
234

40
38
52
34
67
57
16

7
7
8
7
14
9
3

138
165
132
110
145
111
181

133
146
138
109
169
120
197

121
135
122
102
123
105
135

118
126
120
105
144
107
147

117
123
126
104
147
108
122

133
107
162
159
181
171
86

29
27
36
28
33
32
8

6
6
6
6
11
6
2

23.61
4.44
6.04
2.30
8.50
2.33

22.69
4.60
5.86
2.42
7.59
2.22

21.82
4.41
5.61
2.52
7. 10
2.18

22.51
4.79
5.72
2.66
7. 10
2.24

22.78
5.00
6.04
2.65
6.93
2. 16

265
326
278
335
209
251

46
50
52
43
41
39

6
4
7
5
8
8

114
113
111
87
136
97

112
114
112
93
127
93

108
106
105
96
123
97

111
113
108
102
123
98

111
111
111
100
123
96

169
172
176
218
149
173

30
28
33
28
30
27

4
1
5
3
6
6

8 87
1.80
1.66
2.66
.30
.34
.95
1. 16

8.30
1.87
1.62
2.52
.29
.29
.74
.97

8.74
1.83
1.69
2.54
.34
.36
.82
1. 16

8.80
1.86
1.68
2.53
.35
.35
.86
1.17

7.89
1.74
1.37
2.44
.28
.29
.69
1.08

237
268
213
247
255
222
177
251

29
35
17
39
15
17
15
33

5
6
5
5
4
8
4
3

81
85
82
89
53
59
84
76

81
88
84
88
59
60
74
72

93
94
97
95
84
87
92
89

94
94
97
97
85
81
98
92

88
90
85
96
70
69
82
86

197
192
186
196
264
219
169
212

21
25
14
29
8
10
8
21

4
4
4
4
1
6
2
1

11.67
1.23
.93
1.19
1. 15
1.22
.55
1.18
.88
1.00
.67
1.01
.66

13.23
1.62
.99
1.16
1.27
1.49
.74
1.35
1.25
1.02
.60
1.10
.64

15.34
1.90
.96
1.27
1.50
1.82
.84
1.56
1.60
1.23
.71
1.20
.75

15.17
1.78
.98
1.26
1.46
1.82
.83
1.56
1.61
1.18
.71
1.30
.68

15. 38
1.85
.87
1.23
1.41
1.78
.82
1.60
2.05
1. 19
.63
1.34
.61

399
470
255
292
365
452
467
412
782
350
259
401
250

46
49
28
41
39
40
43
48
83
45
29
48
28

7
9
11
6
6
6
3
6
11
5
0
10
2

52
62
66
56
54
48
38
50
74
46
41
59
43

58
78
68
54
57
55
52
57
86
47
37
61
43

68
79
74
65
69
69
61
68
91
60
48
66
58

68
82
73
64
67
68
59
68
86
58
49
73
54

71
85
73
68
68
67
58
72
91
63
50
74
56

272
279
207
239
249
291
320
300
238
279
238
248
257

36
35
30
38
32
29
29
38
37
42
32
33
35

5
6
11
6
4
4
1
5
6
4
1
7
2

4.97
1.26
3.21
.20
.30

5.21
1.10
3.54
.25
.32

6.02
1. 14
4.21
.29
.38

6.50
1. 11
4.61
.35
.43

6.66
1.08
4.64
.38
.56

407
224
447
612
615

47
39
45
53
85

7
5
6
8
12

67
65
68
58
84

70
63
73
63
84

81
75
82
73
87

86
76
90
78
87

85
80
87
77
89

249
244
253
267
191

29
38
26
28
32

4
4
4
5

1.88
.36
.26
.18
.75
.33

2.03
.40
.31
.19
.79
.34

2.11
.37
.34
.19
.81
.40

2.23
.42
.34
.21
.86
.40

2.21
.37
.31
.19
.93
.41

341
281
341
299
368
367

42
24
31
27
56
49

8
4
11
7
9
7

85
85
72
96
91
80

89
96
78
102
92
82

96
102
94
107
96
88

96
108
86
109
97
86

91
96
82
97
96
84

198
213
216
177
192
192

24
16
24
15
29
27

5
3
8
4
5
5

8.62
1.36
.75
.09
6.42

9.89
1.47
.86
.13
7.43

12.19
1.83
1.07
.14
9.15

11.70
1.77
1.09
.14
8.70

12.87
1.66
1.01
.18
10.02

465
362
407
654
491

58
35
34
90
66

8
4
7
3
9

129
107
97
125
142

132
111
105
147
141

127
112
112
137
132

120
112
107
130
124

119
104
98
124
125

154
170
179
175
143

29
21
19
25
31

5
2
5
-2
5

.31

.41

.31

.31

47

7

97

105

94

91

26

3

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




Per capita personal income

1929 to
1956

1950 to
1956

1955 to
1956

1929

1940

1946

1950

1956

1929 to 1950 to 1955 to
1956
1956
1956

7

SURVEY OF CURRENT BUSINESS

August 1957

fifth above the national figure. The Great Lakes States
have a combined average income about one-tenth higher
than that for the Nation. In the remainder of the country—
Southeast, Southwest, Plains, and Rocky Mountain States—
per capita personal incomes are below average in all 28
States, although the gap is far from uniform.

State income bulletin
Early this year the Office of Business Economics published a comprehensive bulletin on Personal Income by
States. (See back cover.) A statistical section of 78 tables
gives a detailed annual record of the income flows in each

9

State and the District of Columbia for the period 1929-55,
as well as in the Territory of Hawaii for the years 1939-55.
Besides an analysis of geographic income changes over the
period, the text of the report provides complete explanations
of the concept, statistical derivation, and reliability of
the estimates.
The present article extends the tables of the bulletin.
In addition to personal income estimates for 1956, revisions of those for 1954 and 1955 are presented here. The
revisions represent (a) the incorporation of better and more
complete data on a State basis that have become available
since the preparation of the bulletin, and (b) adjustment
of the State series to the revised national estimates published in last month's Survey.

Table II.—Percent Changes in Industrial Sources of Personal Income by States and Regions, 1955-56 l
Income received by persons for participation in current production

Broad industrial sources of income
State and region

Total
personal Farm Nonfarm
income income income

Government income disbursements
Total

Federal

State
and local

CommuFinance,
Whole- insur- Trans- nications
Private All priContract
and
pub- Services
portaance
and
sale
and
ManuMining
vate
nonconstrucnonfarm
tion
real
lic utilition facturing retail
income farm inties
estate
trade
dustries

Continental United States

7

-1

7

7

6

8

7

8

11

7

8

7

9

8

8

9

New England
Maine
New Hampshire
Vermont-.
___
A'lassachusctts
Rhode Island
C onnecticut

7
5
6
6
7
5
8

-10
-3
-4
-9
22
0
-7

7
6
7
8
7
5
9

5
4
11
5
4
5
7

5
4
12
5
5
5
6

5
4
9
5
3
4
8

8
7
6
8
7
5
9

8
7
6
9
8
5
9

15
0
0
20
15
0
20

7
-10
-11
22
6
2
17

9
10
8
13
9
4
9

6
5
6
3
6
6
8

8
12
12
0

8
12
8
8

6
8

5
8

6
6
9
8
5
5
8

9
7
7
5
9
11
10

7
7
8
7
14
9
3

8
2
21
6
18
22

7
7
8
7
14
9
3

6
7
6
6
14
7
4

4
4
4
4
13
5
4

10
9
8
10
16
12
3

8
8
8
7
14
10
2

8
8
8
7
17
10
2

10
12
17
9

8
10
6
2
62
12
-3

8
8
9
9
11
11
-4

7
10
6
11
9
0

7
7
8
7
24
9
0

8
8
7
7
15
15
0

9
9
10
7
14
9
5

6
4
7
5
8
8

8
8
0
-4
18
13

6
4
7
6
7
7

9
14
7
10
6
8

9
17
8
11
6
10

8
11
6
9
6
5

6
2
7
5
8
7

6
2
7
5
8
8

10
11
15
10
6
10

8
1
17
14
7

5
2
7
3
8
9

6
4
7
5

7
10
8
11
5
9

7
5
9
7
8
5

7
8
9
4
6
8

9
11
8
6
8
7

5
6
5
5
4
8
4
3

1
14
4
-6
-2
10
-5
-20

6
5
6
6
6
8
5
5

7
7
8
7
6
7
9
6

8
9
11
7
8
7
12
6

6
6
5
8
5
7
3
6

5
5
5
6
6
8
4
5

5
5
5
6
6
8
4
4

10
16
14
11
10
10
0
6

0
-5
11
-1
15
11
-2
1

7
10
-4
9
5
3

3
1
1
5
3
3
2
3

7
3
6
9
11
13
7

7
6
5
11
8
7
4
6

7
5
8
8
6
6
7
7

7
6
4
7
6
16
7
8

Southeast
__.
Virginia
West Virginia
_ _
Kentucky
Tennessee
North Carolina. _
South Carolina
Georgia
Florida
Alabama
_ ______
Mississippi
Louisiana
Arkansas
_ _

7
9
11
6
6
6
3
6
11
5
0
10
2

-8
9
4
15
-11
-2
-18
-9
7
-30
-24
-14
-16

8
9
11
6
7
7
6
7
12
8

5
4
6
-2
4
2
5
5
10
8
6
12
6

4
3
3
-7
3
1
6
1
12
7
4
15
8

8
8
12
11
6
5
5
12
7
10
9
9
3

9
11
12
8
8
8
6
8
12
8

10
11
12
8
8
8
5
9
14
9
12
8

7
17
17
-3
-6
2
-4
0
13
24
3
20
-7

9
9
9
8
9
8
5
8
15
9
11
8
10

9
11
10

12
8

16
24
17
14
15
14
0
25"
20
4
11
20

13
10
12
9
12
15
16
13
16
14
15
11
12

11
12
13
11
11
11
8
9
13
0
11
12
22

10
10
7
8
15
8
5
9
13
11
12
14
4

11
12
12
10
11
9
7
11
16
8
6
12
7

Southwest
Oklahoma
Texas
New Mexico
Arizona

7
5
6
8
12

-14
-18
-18
-8
7

6
7
5
7
10

5
6
4
5
7

9
8
12
15

9
7
8
10
14

9
7
9
11
15

10
10
8
17
20

5
1
5
6
10

12
13
11
26

7
4
7
6
12

8
11

8
9
13

9
18

7
8
6
8
10

10
7
9
21
13

12
11
11
15
14

8
4
11
7
9
7

-1
-14
21
0
-2

9
9
9
8
9
8

8
8
8
12
8
5

8
11
11
15
7
3

8
5
5
7
10
7

9
9
9
6
10
9

9
9
10
6
10
10

13
11
18
4
15
18

10
14
17
14
6
10

11
11
14
8
10
12

8
5
6
4
11
8

9
11
4
0
12
7

7
7
4
2
9
6

10
12
14
17
8

10
9
10
9
11
7

5
-7
8
11
7

8
5
7
3
9

7
5
8
10
7

5
4
7
7
5

10
8
10
16
10

9
5
6
2
10

10
5
6
1
11

4
8
0
-6
5

5
-4
12
-20
7

12
8
4
29
14

8
5
6
2
9

11
-1
8
7
13

8
5
5
6
9

10
2
14
8
11

9
8
8
2
10

-2

8

9

10

4

8

8

0

15

0

7

11

11

5

12

Mideast
New York
New Jersey
Pennsylvania
Delaware
__
Maryland
District of Columbia Great Lakes
Michigan
Ohio
Indiana
Illinois
Wisconsin

__

_ _ _ ._ _ _

_ ___ _ _ _

Plains
Minnesota
__
Iowa
Missouri
__
North Dakota
South Dakota
Nebraska
Kansas

__
___
_

__
__

Rocky Mountain
Montana
Idaho
Wyoming
Colorado
Utah
_

__ _
-

- -

Far West
Washington
Oregon ._
Nevada
California
_ _

._

8
4
7
3
9

TcTTitOTy of Hawaii

-

7

_ _

A

12
7
8

1. For definitions, see tables 63 and 70.
Source: U. S. Department of Commerce, Office of Business Economics.
433989°—57
2




17

7

8
8
8
2

5

8
8
5
9
11
6
4
10
6

SURVEY OF CURRENT BUSINESS

10

Highlights of State Income Shifts in 1956
Mixed movements among components of total production
and income were a feature of the national business scene
last year. Both automobile production and residential
building (together with supporting activities) fell off from
1955 to 1956, after having contributed substantially to the
pervasive business upsurge in the preceding year. On the
other hand, business plant and equipment expenditures
advanced strongly in 1956, as did our trade with foreign
countries.
These and other shifts in final demand had direct impact
upon a large segment of American industry. Because
individual lines of industrial activity tend to be concentrated
geographically, it is a matter of interest, if not surprise, that
most States and regions showed fairly similar rates of income
expansion from 1955 to 1956. There was more uniformity
in this regard than in 1955, or indeed, in any other postwar
year.
Examination shows that the effects which varying rates
of change in income from industrial sources had on State
changes in total personal income and its principal components were substantially modified, in offsetting tendency,
by the differing importance of those sources in the economies
of the various States. A good example of such an occurrence is the near canceling of the effects on overall manufacturing payrolls in the Great Lakes region of a decline of
one-tenth in the automotive industry and an expansion of
similar proportion in the machinery-producing industries.
More generally, it may be seen from table II that State
differences in rates of change in civilian earnings were larger
in most individual industries than in all nonfarm industries
combined.
As evidence of the broad similarity in geographic income
movements from 1955 to 1956, two-thirds of the States
registered gains that fell within two percentage points of
the national rate. For the most part. States with changes
outside this range are widely scattered geographically. The
6 States with increases in personal income of 10 percent or
more are located in four regions, with only the Southeast
represented by more than one State. Similarly, the 6
States with the smallest increases are also located in 4
different regions, and again only the Southeast is the site
of more than one State.
The brief review that follows covers some of the principal
developments by industry that affected State income movements from 1955 to 1956. In this connection, reference
again may be made to table II, showing percentage changes in
income by major industries. The underlying dollar totals
provided *in tables 63 and 70 reveal the importance of the
various industries in the economies of the individual States.
Developments within the manufacturing industry are examined by means of estimates of wage and salary disbursements in the 21 principal types of manufactures (see table
78).

State variations largest in farm income
On a national basis, farm income totaled about the same
in 1956 as in 1955. In some States, however, there were
large changes, ranging from declines of more than onefourth to increases of one-fifth.
As frequently noted in the State income reports, net farm
income on a regional basis is quite volatile. Because
American agriculture is so specialized geographically, the
effects of weather conditions, price fluctuations, and other
factors on year-to-year movements of farm income are
generally larger by States than nationally.
Developments in agriculture last year had a significant



August 1957

influence on the flow of aggregate income in a number of
States. In 5 of the 7 States where personal income rose
least from 1955, farm income was the main dampening
influence. It declined sharply in Mississippi, Arkansas,
Kansas, South Carolina, and Montana, whereas nonfarm^
income in those States advanced at about the national rate.
In Texas, Oklahoma, and Alabama, too, the fact that the
increase in personal income lagged behind the countrywide
average can be traced in large measure to sizable declines in
farm income.
Higher income from agriculture was a major factor in
Idaho's third-ranking advance in total personal income, and
provided significant stimulus to income expansion in Minnesota, South Dakota, Illinois, Wisconsin, and Kentucky.
The most striking changes in farm income in 1956 occurred
in the cotton-producing States of the Southeast, where agricultural production fell off considerably. These declines,
it may be noted, followed spectacular advances in those
States in the previous year.
Throughout much of the great farming area in the midwestern portion of the country, crop yields in 1956 were
good and production moved up even though acreage harvested decreased. However, in parts of Iowa, Nebraska,
Kansas, Oklahoma, and Texas a continuation of drought
conditions damaged feed crops and forage growth.
With farm income showing characteristically wide fluctuations, similarity among States in the relative advance of
nonfarm income in 1956 was more marked than that noted
above for total income. In all but seven States and the
District of Columbia, percentage increases in total nonfarm
income from 1955 to 1956 did not differ from the national
average by more than two percentage points.

Shifts in manufacturing
In the large manufacturing industry, aggregate individual
earnings increased 8 percent from 1955 to 1956. Gains
exceeded this in each of the four southern and western
regions and in New England. The increase in the Mideast
was the same as that for the Nation. In both the Great
Lakes and Plains regions, manufacturing income advanced
at less-than-average rates.
Within manufacturing, income changes varied considerably by type of activity—reflecting the heterogeneous economic forces which affected the industry last year. Because
of State-by-State differences in industrial structure, these
developments had a markedly differing geographic impact.
In the automobile industry, factory payrolls dropped 10
percent from 1955 to 1956. The brunt of this reduction was
borne by the Great Lakes region, where three-fourths of the
industry is concentrated. It was primarily responsible for
the small decline in overall manufacturing in Michigan and
limited the manufacturing advance in Indiana, as well as in
Kansas of the Plains region.
The largest expansions in manufactures last year occurred
in the machinery-producing industries (both electrical and
nonelectrical) and in the nonautomotive transportation
equipment industry. The advances in machinery production
reflected the strong demand for producers' equipment required to implement business programs of capital modernization and expansion. The enlarged output of the transportation equipment industry stemmed from Government demand
for military aircraft and guided missiles and from commercial
orders for transport planes, ships, and railroad equipment.
Wages and salaries in these three industries rose at about
double the rate for all manufacturing as a whole.
These advances gave substantial impetus to the flow of
manufacturing income throughout much of the Nation.
(Continued on p. 21)

SUEVEY OF CUERENT BUSINESS

August 1957

11

Table 1.—Personal Income, by States and Regions, 1954-56
Table 2.—Per Capita Personal Income, by States and Regions, 1954-56
Table 3.—Population, by States and Regions, 1954-56

Table 2 (dollars)

Table 1 (millions of dollars)

State and region

Table 3 (thousands)

1954

1955

1956

324, 281

1,767

1,846

20, 006
1,439
955
571
9,950
1,583
5,508

21, 385
1,517
1,015
607
10, 614
1,666
5,966

1,953
1,452
1,620
1,455
1,947
1,874
2,375

73, 094
34, 104
11, 575
19, 563
906
5,057
1,889

77, 363
36, 112
12, 242
20, 583
1,005
5,421
2,000

83, 119
38, 784
13, 202
22, 020
1, 149
5,911
2,053

Great Lakes
Michigan
Ohio
Indiana
Illinois
Wisconsin

64, 814
14, 136
17, 202
7, 602
19, 713
6, 161

69, 520
15, 617
18, 376
8, 147
20, 865
6, 515

Plains
Minnesota
Iowa
Missouri
North Dakota. _ _ _
South Dakota
Nebraska
Kansas

24, 031
5, 142
4,478
7,044
777
911
2,255
3,424

Southeast
Virginia
West Virginia
Kentucky
Tennessee
North Carolina
South Carolina
Georgia
Florida
__
Alabama
Mississippi
Louisiana
Arkansas
Southwest
Oklahoma
Texas
New Mexico
Arizona

Continental United States
New England
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

_

Mideast
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia _

Rocky Mountain
Montana
Idaho
_ _
Wyoming
Colorado.
Utah
Far West.
Washington
Oregon
Nevada
California
Territory of Hawaii

_

_

_

__

_

_

__

_

1954

1955

1956

1954

1955

284, 823

303, 268

1,940

161,191

164, 303

167, 191

18, 829
1,308
894
544
9,400
1,512
5, 171

2,080
1,588
1,727
I r 543
2,085
1,938
2,504

2,202
1,667
1,812
1,641
2, 206
2,012
2,673

9,639
901
552
374
4,828
807
2,177

9,619
906
553
370
4,773
817
2,200

9,712
91O
560
370
4,812
828
2, 232

2,046
2, 155
2, 218
1,802
2, 455
1,941
2, 225

2,135
2,254
2,299
1,889
2,577
1,976
2,334

2,268
2,395
2, 443
2,008
2,858
2, 102
2,371

35, 726
15, 828
5, 218
10, 856
369
2,606
849

36, 234
16, 021
5,324
10, 898
390
2,744
857

36, 642
16, 195
5,403
10, 964
402
2,812
866

73, 874
16, 206
19, 594
8,586
22, 472
7,016

1,968
1,998
1,945
1,793
2, 154
1, 697

2,069
2, 132
2,054
1, 882
2,243
1,760

2,159
2, 156
2, 154
1,946
2, 383
1, 864

32, 942
7,076
8,844
4, 241
9, 151
3,630

33, 603
7, 326
8, 945
4, 329
9, 301
3,702

34, 221
7, 516
9, 096
4,413
9,432
3,764

24, 344
5,344
4,219
7,502
866
855
2, 161
3,397

25, 583
5,657
4,445
7,904
897
926
2, 246
3,508

1,645
1,642
1,680
1, 708
1,222
1,354
1, 659
1,693

1,640
1,675
1,580
1, 786
1,347
1,252
1,550
1, 649

1,699
1, 745
1, 651
1,858
1, 365
1,330
1,588
1,668

14,
3,
2,
4,

612
131
666
124
636
673
1, 359
2,023

14, 842
3, 190
2,671
4, 201
643
683
1,394
2,060

15, 058
3, 241
2, 692
4,255
657
696
1, 414
2, 103

43, 092
5, 232
2,411
3, 613
4, 048
5,009
2,405
4, 417
5, 349
3,254
1, 825
3,751
1, 778

46, 643
5,536
2, 546
3, 755
4,317
5,446
2,579
4, 899
5, 963
3,686
2, 042
3, 944
1, 930

49, 873
6,012
2, 815
3, 995
4, 566
5, 770
2, 665
5, 196
6, 641
3,854
2, 047
4, 338
1, 974

1,222
1,494
1, 211
1,207
1,203
1, 185
1,061
1,217
1, 578
1,059
856
1, 299
984

1,301
1,547
1,283
1,247
1,264
1,254
1, 117
1,338
1, 666
1, 185
957
1, 344
1,071

1,368
1,647
1,420
1, 324
1,317
1,305
1, 133
1,400
1, 762
1,229
964
1,444
1,088

35, 260
3,501
1,991
2,994
3, 364
4,226
2, 266
3,630
3,389
3, 073
2, 131
2,888
1, 807

35, 861
3,579
1,984
3,011
3,414
4,344
2,308
3, 662
3, 580
3, 110
2, 133
2,934
1, 802

36, 453
3,651
1, 983
3,017
3, 466
4,423
2,353
3, 712
3,770
3, 135
2, 124
3,004
1, 815

19, 092
3, 156
13, 366
1,073
1,497

20, 243
3,312
14, 179
1, 129
1,623

21, 569
3,491
15, 044
1,218
1, 816

1,546
1,444
1, 580
1, 395
1,610

1,587
1,499
1, 621
1,424
1,612

1,655
1, 561
1, 686
1,494
1,718

12, 347
2, 186
8,462
769
930

12, 758
2, 210
8,748
793
1,007

13, 034
2,237
8,925
815
1,057

6, 153
1,064
880
533
2,536
1, 140

6,591
1, 141
897
562
2,756
1,235

7,111
1,188
992
602
3,003
1,326

1,633
1,719
1,472
1,789
1,700
1,496

1,691
1,814
1,466
1,801
1,782
1,550

1, 774
1,862
1,587
1, 875
1, 863
1, 633

3,769
619
598
298
1,492
762

3,897
629
612
312
1,547
797

4,008
638
625
321
1,612
812

35, 718
4,995
2,881
508
27, 334

38, 558
5, 161
3,073
576
29, 748

41, 767
5,392
3,278
596
32, 501

2,114
1,977
1, 748
2, 396
2, 185

2,205
1,980
1, 824
2,451
2,295

2,312
2,022
1, 908
2,413
2,419

16, 895
2,527
1,648
212
12, 508

17, 488
2,607
1, 685
235
12, 961

18, 065
2,667
1,718
247
13, 433

886

946

1,016

1,704

1,720

1,773

520

550

573

Source of population data: U. S. Department of Commerce, Bureau of the Census.



1956

[Millions of dollars]
Line

Table 4.— Continental United
States

Item

1954
1
2
3
4
4a
5
6
7

Personal income

__

_.

Wage and salary disbursements. ._
Farms
.
Mining
Anthracite
Bituminous and other soft coal mining
Crude petroleum and natural gas
Mining and quarrying, except fuel

1955

1956

284,823

303, 268

192, 946
2,697
3,393
142
916
1,431
904

Tables 4—22.—Personal Income

Table 5.— New England

Table 6.— Maine

1955

1956

324,281

20,006

21,385

1,308

207, 678
2,707
3,656
120
993
1,548
995

224, 635
2,761
4,088
125
1,142
1,694
1,127

13,912
112
25

15,032
121
28

880
21
1

10

2
22

11, 149
65, 948
34, 299
8,045
3,187
4,858

11, 962
72, 132
36, 759
8,811
3, 520
5, 291

13, 326
77, 629
39, 937
9,648
3,865
5,783

632
5, 582
2.183
612
209
402

11, 676
5,480
2,933
3,263

12, 374
5,627
3,324
3,423

13, 344
6,021
3,651
3,672

6,246
3,487

6,782
3,826

(2)

(2)

1954

1955

Table 7. — New Hampshire

1954

1956

1,439
931
21
2
(2)

1,517
994
22
2

1955

1956

894

955

1,015

594
7
1

637
7
1

685
7
1

(2)

3
25

1

2

2

1

1

1

724
5,908
2,316
657
228
429

808
6,413
2,493
714
247
466

54
334
144
26
11
14

56
354
153
27
12
15

53
389
163
31
13
17

33
255
86
20
7
13

41
278
92
*8
14

38
298
99
24
8
15

496
198
172
126

504
190
186
128

541
199
209
133

44
26
11
7

46
26
13
7

51
29
14
8

22
11
7
4

23
11
8
4

24
11
9
4

390
219

424
244

451
262

28
15

29
16

31
17

20
11

21
12

23
13

8
9
10
11
12
13

Contract construction
Manufacturing
__
Wholesale and retail trade
Finance, insurance, and real estate
Banking and other finance
Insurance and real estate

14
15
16
17

Transportation
Railroads
Highway freight and warehousing
Other transportation

18
19

5,881
3,243

20

Communications and public utilities
Telephone, telegraph, and other communications.
Electric gas and other public utilities

2,638

2,759

2,956

171

180

190

13

13

14

9

10

10

21
22
23
24
25
26

Services
- Hotels and other lodging places
Personal services and private households
Business and repair services
Amusement and recreation
__ _ _
Professional social and related services

17, 705
1,125
5,029
2,517
1, 450
7,584

19, 391
1,166
5,579
2,809
1, 558
8,279

21,417
1,219
6,052
3,257
1,622
9,267

1,192
68
317
117
59
632

1,304
66
356
130
61
691

1,440
70
386
160
63
761

66
6
20
4
3
33

71
6
22
4
3
36

74
8
24
4
2
36

54
5
13
2
3
30

58
6
15
2
3
32

62
6
16
3
3
34

27
28
29
30

Government
Federal civilian
Federal military
State and local

31, 741
9,170
7,707
14, 864

33, 211
9,744
7,495
15, 972

35, 231
10, 270
7,492
17, 469

1,826
472
418
936

1,892
490
407
994

1,972
506
424
1,041

158
38
54
65

167
47
53
68

172
46
56
70

96
33
17
46

94
32
16
46

106
33
23
50

31

Other labor income

33
34
35

Proprietors' income
Farm
Nonfarm

.
- -

--

Other industries

32

_

-

__

36

Property income

37

Transfer payments

_

38

Less: Personal contributions for social insurance

412

429

472

46

47

52

5

5

6

1

1

1

6,214

6,917

7,519

412

437

466

22

22

26

16

18

20

38,560
12, 684
25, 876

39, 191
11,852
27, 339

39, 617
11, 600
28, 017

1,570
172
1,399

1,701
239
1,462

1,697
196
1, 501

152
21
131

218
73
145

214
68
146

95
17
78

104
21
83

103
19
84

35, 480

37, 338

39, 795

2,838

2,992

3,173

179

186

197

141

147

153

16, 174

17,319

18, 425

1,211

1,293

1,370

97

106

111

61

66

71

4,551

5,171

5,706

295

328

354

22

25

25

15

16

17

Table 13.— New York

Table 15.— Pennsylvania

Item

Line

Personal income

1
2
3
4
4a
5
6
7

Table 14.— New Jersey

Wage and salary disbursements
__
Farms
Mining
Anthracite
Bituminous and other soft coal mining
Crude petroleum and natural gas
Mining and quarrying, except fuel _ _ _ _

Table 16.— Delaware

1954

1955

1956

1954

1955

1956

1954

1955

1956

34, 104

36,112

38, 784

11,575

12,242

13,202

19,563

20, 583

22, 020

906

1,005

1,149

23,806
112
57

25, 250
103
58

27,354
110
66

8,418
50
21

8,916
49
22

9,652
49
26

(2)

(2)

(2)
(2)

26

15, 840
82
437
125
255
21
36

655
10
(2)

(2)

14, 675
82
402
120
229
18
34

585
10

(22)
()

13, 773
91
410
142
216
21
31

(2)
(2)

(-}
(-}

(22)
()

W

6
50

W

6
52

1
7
58

21

(2)

22

1954

1955

1956

762
9

-

1,118
7,786
4,905
1,621
696
925

1,196
8,125
5,204
1,778
786
992

1,350
8,719
5,694
1,913
838
1,075

490
3,698
1,323
340
114
226

522
3,918
1,410
368
128
240

574
4,252
1,529
403
143
260

722
5,902
2,198
490
198
292

769
6,356
2,311
524
214
310

815
6,903
2,507
562
230
332

41
273
77
22
10
12

53
309
85
24
10
13

88
342
93
26
12
15

_ __

1,306
372
272
663

1,388
378
297
713

1,488
400
321
768

474
159
152
163

509
160
174
176

552
172
190
190

926
487
206
232

983
518
232
233

1,047
554
254
239

35
16
7
12

32
12
8
12

39
19
8
12

836

880

955

253

269

288

414

440

471

12

12

14

558
278

594
286

650
305

138
115

146
123

156
132

191
224

204
235

223
248

6
5

7
6

8
6

2,877
238
704
615
256
1,064

3,111
220
783
681
273
1,154

3,437
224
859
775
296
1,283

739
41
216
155
44
283

815
40
239
181
48
308

908
40
259
212
50
347

1,098
64
306
137
62
529

1,188
63
348
143
63
571

1,290
64
377
161
65
623

48
2
18
6
3
19

54
2
21
6
3
22

62
2
24
8
3
24

3,152
788
346
2,018

3,369
836
337
2,196

3,582
844
318
2,420

1,016
246
248
523

1,020
246
208
567

1,056
261
182
613

1,505
542
162
801

1,602
576
167
859

1,707
585
164
959

68
12
22
34

76
14
26
36

87
16
29
42

36

38

41

13

14

15

16

18

20

1

1

1

Other labor income

755

806

864

314

328

357

538

594

638

22

26

31

33
34
35

Proprietors' income
Farm
Nonfarm

3,114
266
2,848

3,250
257
2,992

3,371
256
3,115

1,092
86
1,006

1,142
83
1,059

1,202
111
1,091

1,808
244
1,563

1,755
220
1,535

1,798
237
1,561

78
17
61

86
24
62

100
31
68

36

Property income

5,188

5,485

5,840

1,374

1,446

1,548

2,498

2,611

2,783

198

215

230

37

Transfer payments

1,827

1,972

2,076

563

613

665

1,264

1,301

1,348

33

36

41

8
9
10
11
12
13

Contract construction
M anuf acturing
Wholesale and retail trade
Finance insurance, and real estate
Banking and other finance
Insurance and real estate

14
15
16
17

Transportation
Railroads
Highway freight and warehousing
Other transportation

18
19
20

Communications and public utilities
Telephone, telegraph, and other communications
- - Electric, gas, and other public utilities

21
22
23
24
25
26

Services
Hotels and other lodging places
Personal services and private householdsBusiness and repair services „
Amusement and recreation
Professional, social, and related services

27
28
29
30

Government
Federal, civilian
Federal military
State and local

31

Other industries

32

-

-

-

_-

_
-

387
186
222
317
12
352
10
721
203
586
650
Less: Personal contributions for social insurance
1. Data for earlier years for these tables, as well as for tables 23-62, are published in "Personal Income by States Since 1929," a supplement to the Survey of Current Business.

38

12




14

by Major Sources, 1954-56 l

[Millions of dollars]
Table 12.— Mideast

Table 11.— Connecticut

Table 10.— Rhode Island

Table 9.— Massachusetts

Table 8. — Vermont

Line

1954

1956

1955

1954

1954

1956

1955

1955

1956

544

571

607

9,400

9,950

10,614

1,512

1,583

1,666

5,171

5,508

5,966

73,094

77,363

83, 119

1

346
19
4

359
18
5

394
20
5

6,552

6,949

7,481

1,075

1,135

1,198

3,643

3,901

4,280

51,564

54, 877

59,413

4

5

5

2
8

2
9

3
10

1

1

1

282
540
125
257
29
130

2
3
4
4a
5
6
7

12
125
55
11
5
6

14
130
56
13
6
17

17
147
60
13
6
7

285

335

372
377
140
237

49
440
164
42
15
27

52
466
175
46
17
29

54
486
188
49
18
32

2,645
18, 712
9,296
2,666
1,083
1,583

2, 852
19, 866
9,853
2,903
1,210
1,693

3,184
21, 491
10, 734
3,132
1,301
1,831

8
9
10
11
12
13

22
15
5
2

21
14
5
2

3,202
1,198

3,438
1,283

11
6

12
6

36
12

35
10

(2)

(2)

(2)

4

' 6

227

275

1,843

1,946

2,120

199

276
493
120
231
25
117

296
498
142
218
28
110

32
6

28
5

25
4

3
1

3
1

2
1

36
13

2,586
1,196

2,734
1,264

323
119
204

348
130
218

23
15
6
2

262
95
93
74

264
91
98
74

282
95
110
77

33
9
14
10

34
8
15
10

36
9
17
10

113
41
42
29

116
40
47
30

125
40
53
31

3,021
1,157

1,169

1,231

1,311

14
15
16
17

12
6

204
120

226
136

239
145

32
16

34
17

36
19

94
51

102
57

110
62

1, 659

1,749
1,032

1,892
1, 130

18
19

2,971
1, 350

538
190
52
138

633
220
62
158

576
202
56
146

695

844

773

974

5

5

5

85

90

94

17

17

17

43

46

49

685

717

762

37
4
10
1
1
20

40
4
11
1
2
22

42
4
12
2
2
23

642
36
160
72
30
344

701
34
181
79
31
376

778
35
197
98
32
416

82
3
23
8
5
42

88
3
26
9
6
45

101
3
29
9
6
55

312
13
90
30
16
163

344
13
100
35
17
178

383
13
110
45
17
198

5,280

5,738

6,319

1,420

1,594
1,072

1,741
1,228

2,124

2,302

2,543

21
22
23
24
25
26

49
12
8
29

50
14
6
30

53
14
7
32

982
276
191
514

1,003

1,034

279
182
542

288
184
562

225
55
104
66

233
59
105
70

241
64
105
73

316
56
44
216

344
60
45
239

365
62
48
255

7,408
2, 598
1,148
3,663

7,857
2,785
1,104
3,968

8,306
2,864
1,066
4,376

27
28
29
30
31

354

379
966
392

362

446

416

I

20

1

1

1

28

27

29

2

2

3

9

10

12

83

87

95

10

11

13

206

224

236

32

35

36

126

128

137

1,743

1,882

2,028

32

74
27
47

82
27
55

77
21
56

701
42
660

733
56
677

726
36
691

112
8
104

114
8
106

114
7
107

435
57
378

451
55
396

462
45
417

6,744

6,876

7,146

6, 054

6,234

6,432

33
34
35

82

86

89

1,417

1,503

1,604

208

217

229

811

852

901

10, 196

10, 752

11,468

36

39

43

44

671

707

745

114

115

124

228

257

274

4,087

4,362

4,596

37

9

10

10

148

165

179

30

33

35

72

80

88

1,240

1, 385

1,532

38

Table 17.— Maryland

Table 18.— District of Columbia

Table 19.— Great Lakes

73,874

14, 136

15, 617

53, 278

10,394

313
438

56
81

11,533

1956

1954

1955

1956

1954

1955

1956

5,057

5,421

5,911

1,889

2,000

2,053

64, 814

69, 520

3,678

4,000

4,393

1,304

1,381

1,413

45, 708

49, 937

33
10

•^
7

230
1,009

(2)

2
8

33
11

(2)

319
374

2
9

Table 21.— Ohio

309
398

142
83
149

147
90
161

164
92
183

2,791
23", 608
8,119
1, 688

3,149
24, 691
8,753
1,831

1,025

1,100

54
84

10
71

16, 206

17, 202

18,376

19, 594

7,602

8,147

8,586

1

12, 181

13,339

14,365

5,246

6,152

62
110

50
46

5,806

62
17
32

26
8
13

2
3
4
4a
5
6
7

9
74

60
87

60
96

9
84

48
14
24

54
15
26

46
44
219
54
18
36

2,623
21, 035
7,586
1,561

237
107
56
75

259
117
63
79

54
24
6
23

53
24
7
22

53
23
7
23

2,483
1,281

2,690
1,327

2,877
1,419

361
134
167
60

406
141
202
63

425
155
203
66

690
347
205
138

109
56

125
67

39
25

40
25

40
26

1,245

1,326

1,426

276
133

303
146

328
160

299
150

227
100
51
76
105
56

613
948
794
408

639

664

927
435
681

731

996
462
736

564
5, 423
1,545

265
113
152

584

6,222
1, 665

288
124
164

1956

57
94
(2)

(2)

(2)

1954

11,894

47
47
213
53
17
36

310
1,231

Table 22.— Indiana

1955

44
44
206
50
16
34

631
156
54
102

714

1954

1956

692
173
60
113

265

1,112

587
144
50
94

642

689

Line

1955

1955

33
9

Table 20.— Michigan

1954

1954

(2)

1954

1956

1955

1954

1956

1955

656
6,066
1,767

318
138
181

785
5, 782
1, 937

368
145
223

1956

1955

47
49
26
8
15

48
54
29
9
17

244

304

2, 539

372

6,970
2,266

3,000

439
174
265

858
157
68
89

2,906

969
191
84
107

8
9
10
11
12
13

762
371
237
154

825
401
259
165

311
185
93
34

338
196
108
34

359
208
116
35

14
15
16
17

316
160

345
178

138
68

148
72

155
78

18
19

788

6,502
2,087

400
158
243

826

908
171
73
98

49

52

57

14

15

14

606

645

691

144

157

169

149

156

168

70

76

78

20

341
17
116
36
21
152

378
16
134
41
22
165

420
17
150
48
24
180

177
17
59
18

202
14
72
23
6
86

3,508

3, 810

4,179

239
1, 658

247
1,806

2,014

742
32
188
110
50
362

811
33
203
125
52
398

910
32
217
143
54
464

866
44
238
126
62
395

943
47
264
137
65
430

1,036

77

192
14
68
20
7
83

331
16
100
32
21
162

356
17
107
35
22
175

375
17
108
41
21
188

21
22
23
24
25
26

982
458
297
228

1,058

1,126

555
292
278

684
553
73
59

731
594
75
63

749
603
80
65

4,923
1,204

5,143
1,259

5,558
1,324

1, 074

1,108

1,266

1,291

1,367

1, 465

3,296

3,622

564
150
61
353

570
149
50
372

620
153
57
410

27
28
29
30

11

12

13

6

6

5

52

56

63

7

8

8

17

18

20

7

7

8

31

%

107

117

18

20

21

1,636

1,941

2,077

368

515

543

465

537

574

212

245

260

32

504
76
429

497
58
439

526
78
449

148

147

148

8,046
2,219
6, 827

1,555

1,961

1,071

1,143

1.250

1,263

1,451

1,442

1,459

620

386
686

1,067

148

7,751
2,029
5. 723

1,516

147

7,945
2,493
5, 452

1,422

148

366
701

33
34
35

622

664

716

316

332

350

7,281

7, 590

8,077

1,456

1,534

1,635

1,994

2,071

2,208

730

756

811

36

249

263

283

152

178

183

3,186

3,364

3,587

688

736

819

866

902

946

387

393

432

37

93

110

125

48

57

62

942

1,062

1,189

192

216

239

265

299

343

109

125

135

38

519
291
247

Jo

188
887
536

601
3,118

203
965
588

588

207

1,031

672
255

613

173
99
802

274

186
97
826

266

194
101
971

292

400
142
749

510

417
137
812

1,827

385

47
290
157
69
474

450
145
870

1,845

386

1,137

516

NOTE.—Detail will not necessarily add to totals due to rounding.




13

[Millions of dollars]

Personal income

1
2
3
4
5
6
7
8
9
10
11
12
13

Table 23.— Illinois

Item

Line

Wage and salary disbursements . .
Farms
_ _ _- Mining
_ _ _
Bituminous and other soft coal mining
Crude petroleum and natural gas
Mining and quarrying, except fuel
._ Contract construction
Manufacturing
Wholesale and retail trade.
Finance, insurance, and real estate _
Banking and other finance
Insurance and real estate

14
15
16
17

-

Railroads
Highway freight and warehousing
Other transportation

Tables 23-42.—Personal Income

Table 24.— Wisconsin

1954

1955

1956

19,713

20,865

22,472

6,161

6,515

13, 827
84
143
67
51
24

14, 885
83
151
66
58
27

16, 134
80
160
72
57
30

4,059
69
17

4,375
65
18

17

18

810
5,435
2,567
638
234
404

862
5. 948
2,739
686
252
434

1,015
6,442
2,980
724
274
451

218
1,856
678
134
53
81

925
518
265
143

978
521
307
151

1,054
552
339
163

416

439

234
182

1954

1955

Table 25.— Plains

Table 26.— Minnesota

1954

1955

1956

7,016

24,031

24,344

25,583

5, 142

5,344

5,657

4,733
66
20

14,741
297
240
10
84
146

15, 653
290
265
12
87
167

3,182
56
78

3,372
53
84

3,584
55
98

20

13, 982
317
225
10
79
136

(2)

(2)

252
2,030
720
143
57
87

281
2,213
770
158
63
95

890
3,850
2,941
609
266
343

964
4,046
3,096
654
283
371

1,022
4,321
3,246
703
306
396

216
873
682
148
66
82 |

254
915
726
160
70
89

255
1,004
748
165
70
95

196
98
65
33

205
98
74
33

215
103
79
33

1,203
740
265
198

1,244
749
292
203

1,330
809
308
213

280
179
52
49

289
181
58
50

306
193
60
53

467

115

120

130

473

498

535

97

102

106

246
193

259
208

54
62

56
64

62
68

250
223

262
236

282
253

50 •
48 i

52
50

54
52

1956

1954

1955

78

i

1956

84

!

(2)

98

20

Communications and public utilities
Telephone, telegraph, and other communications
-Electric gas and other public utilities

21
22
23
24
25
26

Services
---- Hotels and other lodging places
Personal services and private households
Business and repair services
Amusement a n d recreation
_____
Professional social, and related services _

1, 260
78
290
234
85
573

1,368
88
314
256
88
622

1,501
91
335
290
92
693

311
18
72
34
20
167

332
19
77
36
20
180

357
19
81
41
20
196

1,249
67
309
127
78
668

1,358
76
334
140
81
726

1, 454
78
349
160
83
783

294
17
59
31
18
170

322
20
66
35
18
184

344
20
70
40
18
196

27
28
29
30

Government
Federal civilian
Federal military
State and local

1,534
405
258
871

1,614
420
266
928

1,692
434
268
990

460
76
41
344

483
86
38
359

516
93
43
381

2,201
547
433
1,221

2,317
580
427
1,310

2,457
625
431
1, 402

451
92
41
318

459
97
39
323

492
106
42
344

18
19

31

- -

Other industries

32

Other labor income

_

33
34
35

Proprietors' income
Farm
Nonfarm

36

Property income

37

Transfer payments

38

Less: Personal contributions for social insurance

_
_ _

Personal income

1

17

19

6

6

6

24

26

30

7

8

9

490

533

137

153

167

403

423

471

90

97

107

2,422
766
1, 655

2,350
618
1,732

2,528
746
1,782

1,004
426
577

987
373
614

1,052
430
622

5,752
3,299
2, 453

5,090
2,392
2,699

5,093
2,419
2, 674

1,055
542
514

1,015
470
545

1,065
542
524

2,389

2,482

2,627

714

747

796

2, 914

3,047

3, 263

602 ;

911

980

1,013

334

352

377

1,318

1,431

1, 532

292

289

323

364

87

99

109

337

388

427

Table 33.— Southeast

Item

Line

2
3
4
5
6
7

__

16
454

Wage and salary disbursements
Farms
Mining
Bituminous and oth^r soft coal mining
Crude petroleum and natural gas
Mining and quarrying, except fuel

1954

1955

1954

1956

1955

78 ;

628

661

320

340

89

99

Table 36.— Kentucky

Table 35.— West Virginia

Table 34.— Virginia

'

1954

1955

1956

43, 092

46, 643

49, 873

5,232

5,536

6,012

2,411

2,546

2,815

3,613

3,755

3,995

4,084
53
57
45
(2)
11

4,444
57
71
58
(2)
12

1,648
12
318
303
12
4

1,777
11
356
341
12
3

2,001
11
420
404
13
3

2,270
36
141
121
12
8

2,436
35
148
126
14
9

2,585
36
170
147
15
9

28,512
602
859
509
206
143

30, 624
613
957
565
239
153

33, 471
645
1,119
668
2^2
170

3,845
55
48
38
(2)
10

1956

i

1954

1955 ;

1956

8
9
10
11
12
13

Contract construction
Manufacturing
Wholesale and retail trade _
Finance insurance, and real estate
Banking and other finance
Insurance and real estate

1,715
7,610
4,819
1,045
388
657

1,721
8,461
5,213
1,157
428
729

1,942
9,196
5,773
1,314
486
827

196
790
572
135
45
90

214
852
611
152
50
102

251
930
690
168
56
112

70
503
224
40
16
24

74
549
238
42
17
25

90
599
268
47
19
28

163
609
363
64
29
35

143
713
392
70
32
38

147
772
425
78
35
42

14
15
16
17

Transportation
Railroads
__
_ _ _
Highway freight and warehousing
Other transportation
.

1,794
952
373
470

1,900
968
437
495

2,110
1,070
499
541

233
117
42
74

265
137
49
80

298
153
57
88

124
93
17
15

137
101
20
15

155
114
23
17

173
118
29
26

173
112
35
26

192
126
39
27

18
19
20

Communications and public utilities
_
Telephone, telegraph, and other communications.
Electric gas, and other public utilities

819
422
397

858
455
403

946
514
432

92
53
39

97
56
41

106
63
44

75
23
52

76
25
51

82
27
55

66
31
35

69
33
36

75
36
39

21
22
23
24
25
26

Services
Hotels and other lodging places
Personal services and private households
Business and repair services
_
Amusement and recreation.
Professional, social, and related services

2, 585
157
1,081
232
148
967

2,860
174
1, 192
273
152
1,068

3,207
194
1,289
332
156
1,236

290
17
117
22
15
118

321
18
129
25
15
134

362
19
140
32
16
155

107
7
34
8
8
49

114
8
36
9
8
52

129
8
38
15
8
60

186
10
64
13
13
87

206
10
70
15
13
97

230
11
76
17
14
113

27
28
29
30

Government
Federal, civilian
Federal military
State and local

6,581
1,890
2,400
2,291

6,801
2,028
2,303
2,470

7,128
2,156
2,290
2,681

1,425
566
604
255

1,452
620
557
275

1,501
655
548
298

174
38
18
118

180
41
17
122

198
42
17
140

465
119
194
152

484
117
202
165

455
120
149
186

31

Other industries

32

Other labor income

33
34
35

Proprietors' income
Farm
Nonfarm

36

Property Income

37

Transfer payments

38

Less: Personal contributions for social insurance

14




_
__
--

.
.
.

._

82

83

91

10

10

11

1

1

1

3

3

4

833

929

1,049

82

90

104

105

118

135

81

92

102

7,093
3,036
4,056

8,072
3,670
4,402

7,855
3,289
4,567

625
234
391

646
224
423

702
246
457

253
75
178

252
61
191

267
64
203

690
351
339

634
301
334

683
348
334

4,507

4,786

5,117

534

572

608

237

246

262

360

380

406

2,858

3,053

3,258

249

268

288

208

198

199

268

277

289

710

820

875

103

125

135

40

44

48

56

65

70

by Major Sources, 1954-56

[Millions of dollars]

Table 28.— Missouri

Table 27.— Iowa

Table 29.— North Dakota

Table 30.— South Dakota

1954

1954

1956

1955

Table 32.— Kansas

Table 31.— Nebraska
1954

Line

1956

1955

1954

1954

1955

1956

1954

1955

4,478

4,219

4,445

7,044

7,502

7,904

777

866

897

911

855

926

2,255

2,161

2,246

3,424

3, 397

3, 508

1

2, 143
69
11
2
(2)
9

2,286
68
12
2
(2)
10

2,417
63
14
2

4,578
54
33
4
1
28

4,864
53
34
4
1
29

5,208
52
38
5
1
31

406
32
10
2
8
(2)

406
29
9
2
6
(2)

433
31
9
2
7

427
26
10

437
21
10

471
22
11

1,194
41
7

1,258
37
10

1,318
35
10

(2)
11

4
3

6
4

6
4

2,052
40
76
2
66
8

2,118
36
80
2
70
9

2,223
33
85
2
72
11

2
3
4
5
6

117
635
470
92
40
52

124
700
491
98
42
56

146
751
506
106
49
57

269
1,495
970
210
85
124

307
1,577
1,025
227
93
134

318
1,681
1,096
247
100
148

42
21
106
14
7
7

30
22
109
15
8
7

37
21
116
17
9
7

32
41
101
16
9
7

31
44
106
17
9
8

36
47
110
20
10
9

80
219
267
68
26
42

79
231
276
72
28
45

82
242
289
78
30
48

134
565
346
61
32
30

139
558
362
64
33
31

149
575
381
70
38
32

8
9
10
11
12
13

149
98
35
17

151
98
37
16

156
102
39
15

381
194
108
78

398
196
121
80

442
223
128
91

44
36
6
3

45
36
6
3

48
38
7
3

22
13
6
2

22
13
6
3

24
14
7
2

129
86
28
15

131
87
30
14

136
89
32
14

199
134
30
35

207
137
33
36

218
149
35
34

14
15
16
17

(2)

12

1956

1955

(2)

10

(2)

1956

(2)

10

1955

1956

7

80

84

90

157

167

182

15

16

18

15

15

17

38

40

43

71

74

80

18

41
39

43
40

46
44

85
72

88
79

96
86

8
7

8
8

9
9

7
7

8
8

9
8

28
10

29
11

32
12

32
40

33
41

36
44

19
20

189
9
51
16
12
102

204
10
54
17
12
111

213
10
54
19
12
118

416
24
108
55
28
201

450
26
116
60
29
219

483
27
122
64
30
240

44
3
9
2
2
28

47
3
10
2
2
30

49
3
10
3
2
31

45
2
9
2
2
29

48
2
10
2
3
31

57
2
10
4
3
37

111
7
27
11
7
59

121
8
30
12
8
64

129
8
31
14
8
68

152
6
46
11
10
80

165
8
49
12
10
87

178
7
51
16
10
93

21
22
23
24
25
26

326
72
28
226

349
76
26
246

366
80
27
259

589
172
143
274

618
180
137
302

662
198
129
335

79
23
7
49

84
24
7
53

87
25
7
56

119
34
30
55

121
38
26
57

127
37
26
64

231
69
39
124

258
71
48
138

272
78
53
141

406
86
145
175

430
95
144
191

450
100
147
203

27
28
29
30

6

6

7

6

6

7

1

1

1

2

2

3

3

3

3

31

61

64

73

138

147

162

10

11

13

10

10

12

29

30

34

66

64

70

32

1,550
1,105
445

1,124
618
506

1,153
651
502

1,134
440
694

1,237
487
751

1,209
457
752

244
158
86

328
232
97

321
223
97

336
240
97

258
146
112

278
163
115

673
438
235

492
229
264

480
218
261

760
377 !
383

636
211
425

588
164
423

33
34
35

551

568

611

868

909

966

84

87

95

105

111

123

284

300

324

420 |

443

482

36

227

238

262

429

462

486

44

47

50

45

55

58

105

116

130

176 !

193

207

37

52

62

70

103

117

127

10

12

15

12

15

15

31

36

38

50

58

62

38

(2)

(2)

(2)

i
Table 38.— North Carolina

Table 37.— Tennessee

Table 39.— South Carolina

Table 40.— Georgia

Table 42.— Alabama

Table 41. —Florida

Line
1954

1955

1956

1954

1955

1956

1954

1955

1954

1956

1955

1954

1956

1

1956

1955

1955

1954

1956

4,048

4,317

4,566

5,009

5,446

5,770

2,405

2,579

2,665

4,417

4,899

5,196

5,349

5,963

6,641

3,254

3,686

3,854

2,689
37
28
12
(2)
16

2,850
35
30
12

3,242
79
13
1

3,526
78
13

3,792
89
14

1,688
35
4

1,754
36
4

1,857
38
5

3,052
60
14

3,321
62
16

3,597
71
19

4,162
89
34

12

13

14

4

4

5

14

16

19

3,337
96
30
2
28

3,680
98
28

18

3,090
37
34
16
2
()
19

3
26

3
31

2,217
37
55
33
1
21

2,432
40
63
39
1
23

2,649
42
66
41
1
23

198
894
481
110
40
70

161
993
516
112
43
69

161
1,079
567
125
48
77

143
1,190
521
103
42
61

160
1,342
564
114
45
69

173
1,449
625
130
53
78

127
614
228
55
18
38

84
683
245
61
19
42

85
720
262
70
22
48

145
880
552
128
46
82

158
999
599
144
52
92

168
1,080
662
164
59
105

299
407
732
171
56
116

345
450
817
198
66
133

409
517
923
232
77
155

93
706
339
85
29
56

108
789
367
95
31
64

143
857
399
108
35
73

8
9
10
11
12
13

177
98
50
28

175
89
58
27

193
104
62
28

160
69
66
25

174
71
77
26

194
77
86
30

53
29
16
8

56
29
18
9

60
31
20
10

185
105
39
41

199
106
51
42

216
115
58
44

225
88
30
106

243
90
35
118

275
99
43
133

142
78
25
40

140
74
29
38

139
68
33
38

14
15
16
17

56
44
12

60
48
12

70
56
13

77
39
38

78
41
36

84
46
38

37
20
16

38
22
16

40
24
.17

90
52
38

94
57
38

103
62
41

97
56
41

108
64
43

121
75
47

64
30
35

66
31
35

74
37
37

18
19
20

240
11
97
25
12
95

273
11
106
39
13
104

308
11
114
45
14
124

286
10
129
19
12
116

308
11
142
20
12
123

335
13
150
25
12
136

123
4
66
6
4
42

135
4
73
8
4
46

145
5
79
9
4
49

270
11
126
28
14
90

296
13
139
30
15
100

332
14
151
34
15
119

443
59
173
50
36
125

499
67
192
54
38
148

587
79
213
69
40
186

201
6
95
20
8
72

226
7
104
29
8
78

243
7
110
34
8
83

21
22
23
24
25
26

466
184
84
198

492
190
84
218

513
183
92
238

664
105
282
277

689
119
284
286

690
122
269
300

411
86
197
128

408
92
182
134

428
100
186
142

713
201
298
214

739
220
289
230

766
236
268
262

818
172
320
326

873
190
318
365

953
215
347
391

491
202
114
174

534
215
114
205

574
240
116
218

27
28
29
30

(2)

1
2
3
4
5
6

2

3

3

6

6

7

2

3

3

15

15

16

19

20

21

3

3

3

31

80

88

100

76

85

96

39

43

48

71

80

91

71

78

92

73

82

91

32

660
256
404

740
313
427

703
271
432

1,032
586
446

1,144
638
506

1,132
613
518

355
148
207

442
224
218

393
175
218

655
218
437

827
337
489

794
292
502

833
244
589

983
305
678

1,066
341
725

500
193
307

679
327
351

583
216
367

33
34
35

404

421

448

460

491

531

218

233

248

434

457

488

836

900

958

293

309

329

36

283

294

305

274

285

308

144

150

161

278

298

316

355

420

469

233

255

280

37

68

76

80

75

86

87

38

42

41

72

84

90

83

97

106

61

71

77

38




15

Tables 43-62.—Personal Income

[Millions of dollars]

1954

Persona! income

1
2
3
4
5
6
7

Table 44.— Louisiana

Table 43.— Mississippi

Item

Line

Wage and salary disbursements
_ _
Farms
Mining
__
__ _ _ _ . _ _
Bituminous and other soft coal mining
Crude petroleum and natural gas
Mining and quarrying, except fuel

8
9
10
11
12
13

Contract construction
Manufacturing
_
_ _ _ _
Wholesale and retail trade
Finance, insurance, and real estate _. _ . _ _ . _
Banking and other finance
Insurance a n d real estate
_ _ _ _ _ _

14
15
16
17

Transportation
Railroads
Highway freight and warehousing
Other transportation.
_

18
19

Communications and public utilities
Telephone, telegraph, and other communications.
Electric gas, and other public utilities

_

1955

1955

1954

1956

Table 45.— Arkansas

1956

1954

1955

Table 46.— Southwest

1956

1954

1955

1956

1,825

2,042

2,047

3,751

3,944

4,338

1,778

1,930

1,974

19,092

20, 243

21, 569

1,048
53
13

1,108
55
15

1,195
58
17

2,480
43
171

2,596
41
201

2,947
44
241

11
2

13
2

14
2

155
16

184
17

221
20

997
60
24
2
13
10

1,060
68
26
2
12
12

1,153
73
28
2
13
12

12, 334
358
957
5
817
134

13, 243
396
1,032
5
874
153

14, 450
383
1,141
6
959
176

46
247
186
35
16
18

49
277
195
38
18
20

51
307
209
43
20
24

186
542
441
89
38
51

174
564
476
98
42
56

215
609
536
110
47
63

49
227
180
30
14
17

51
250
192
33
15
19

50
276
207
37
16
21

780
2.220
2.308
484
198
286

848
2, 452
2,489
530
219
312

938
2,758
2,719
585
247
338

53
32
14
6

55
32
16

61
34
19
8

198
73
31
94

208
74
34
100

235
84
40
111

73
52
14
7

75
53
15
7

92
65
19
7

862
376
199
287

904
388
221
295

964
396
245
323

36
18

37
18

42
21

88
39

92
41

105
48

42
18

42
18

44
20

434
205

463
220

510
240

18

19

21

50

51

57

24

24

24

229

244

270

23
24
25
26

Services
Hotels and other lodging places _ _ _ . _ _ _ _ . _ _
Personal services and private households
Business and repair services
_ ___ ___ . _
Amusement and recreation
Professional, social, and related services. ._ _ . _

106
5
51
6
4
40

112
6
56
4
40

119
6
61
8
4
41

246
11
94
26
16
98

273
13
105
30
16
109

311
15
115
36
15
130

88
6
35
8
5
34

97
7
39
8
5
37

105
7
43
9
5
42

1,126
65
390
134
64
472

1,216
74
427
137
68
510

1,379
80
464
167
72
596

27
28
29
30

Government
Federal civilian
Federal military
State and local

270
60
94
116

270
65
88
117

283
72
83
128

465
96
125
244

459
96
100
263

530
105
138
286

219
62
70
88

221
64
68
90

236
66
78
93

2,780
730
1,058
992

2,886
788
1,036
1,063

3,045
880
1,001
1,164

20
21

31

_

_

5

5

5

10

10

10

5

5

5

25

26

29

29

31

37

95

106

115

31

36

39

406

444

493

470
270
200

613
381
232

507
272
234

577
198
378

598
216
382

582
178
405

444
264
180

514
342
171

444
272
172

3,302
1,183
2,119

3,346
1,050
2,295

3,201
861
2,340

Property income

163

172

183

387

414

453

182

191

203

2,298

2,416

2,577

Transfer payments

145

153

162

270

295

312

151

160

168

1,034

1,123

1,211

30

36

36

58

64

71

27

30

33

282

328

363

Other industries

_ _ _

32

Other labor income

_

_ _

33
34
35

Proprietors' income
Farm
Nonfarm

__

36
37
38

Less* Personal contributions for social insurance

_
_

1954

Personal income

1

Table 54.— Wyoming

Table 53— Idaho

Item

Line

Wage and salary disbursements
Farms
_ __
_ _
Mining
Bituminous and other soft coal mining
Crude petroleum and natural gas
Mining and quarrying, except fuel
_ _ ___

1955

1954

1956

1955

Table 56.— Utah

Table 55.— Colorado

1956

1955

1954

1956

1955

1954

1956

880

897

992

533

562

602

2,536

2,756

3,003

1,140

1,235

1,326

514
34
21

548
36
21

604
38
24

375
19
46
4
36
6

406
20
48
4
37
7

1,623
39
57
9
21
27

1,781
42
67
10
28
29

1,967
37
78
12
30
36

785
14
58
13
5
40

864
13
69
15
5
49

942
13
81
17
7
58

24

360
19
46
5
36
5

38
95
102
15
8
7

39
106
111
17
8
8

48
119
119
18
9
9

24
31
54
10
4
6

27
31
56
11
5
6

32
33
58
11
5
6

108
259
335
64
28
35

130
285
367
72
33
40

146
318
415
82
38
44

48
124
152
28
14
15

64
141
165
32
16
17

74
159
180
35
17
18

Transportation .
_ _._
Railroads
Highway freight and warehousing
Other transportation

46
34
9
3

47
35
9
3

49
36
10
3

52
41
6
5

53
41
7
5

55
42
7
5

120
56
38
27

133
58
46
28

144
62
52
31

68
43
15
10

71
45
17
10

77
47
20
10

18
10

19
11

22
12

10
6

12
6

12
7

63
39

68
40

73
43

26
14

28
16

30
16

20

Communications and public utilities
Telephone, telegraph, and other communications.
Electric gas and other public utilities

8

9

10

5

5

6

25

27

30

11

12

13

21
22
23
24
25
26

Services
Hotels and other lodging places
__- _
Personal services and private households
Business and repair services
Amusement and recreation
Professional, social, and related services

44
3
10
4
3
25

49
3
11
4
3
28

55
4
12
5
3
32

28
5
6
3
2
12

30
7
6
3
2
12

33
7
7
4
2
13

153
11
38
14
13
75

172
14
42
16
16
85

192
14
47
20
15
96

55
5
12
6
5
27

61
5
14
7
5
30

65
6
15
8
5
32

27
28
29
30

Government
Federal, civilian. .
Federal, military
State and local .

100
28
19
53

100
28
16
56

110
32
18
60

86
21
31
34

91
22
30
39

104
25
37
42

423
141
141
141

444
149
139
156

481
156
148
176

212
115
22
76

219
116
23
80

228
121
19
88

31

Other industries

1

1

1

1

1

1

13

15

17

13

14

15

41

44

50

23

28

30

229
128
101

208
108
100

240
136
103

83
26
56

89
36
54

89
35
55

372
92
280

392
74
318

408
77
331

165
54
111

172
55
117

173
52
121

2
3
4
5
6
8
9
10
11
12
13

Contract construction
Manufacturing
.
Wholesale and retail trade
Finance insurance and real estate
Banking and other finance _
_
Insurance and real estate

14
15
16
17
18
19

_

_ _ _.
__ __
_

_ ___
_

21

(2)

21

(2)

(2)

(2)

1

32

Other labor income

33
34
35

Proprietors' income
Farm
Nonfarm

36

Property income

87

87

91

61

67

75

366

394

426

120

126

135

37

Transfer payments

52

58

61

26

28

30

176

194

206

70

74

78

38

Less: Personal contributions for social insurance

14

17

20

10

12

13

41

49

53

24

30

33

16




_.

._ __
-

_. _

by Major Sources, 1954-56

Table 51.— Rocky Mountain

Table 50.— Arizona

Table 49. — New Mexico

Table 48.— Texas

Table 47.— Oklahoma

>

[Millions of dollars]
Table 52.— Montana
Line
1954

1954

1956

1955

1955

1954

1956

1956

1954

1955

1956

1954

1955

1956

1954

1955

3,156

3,312

3,491

13, 366

14, 179

15, 044

1,073

1,129

1,218

1,497

1,623

1,816

6,153

6, 591

7, 111

1,064

1,141

1,188

1

1, 965
35
229
5
216
9

2,086
38
243
5
228
10

2,246
36
267
5
252
10

8,707
240
595

9,300
262
638

10. 104
245
694

722
28
61

789
33
72

874
34
85

940
54
72

1,068
63
80

1,226
68
95

565
29

605
33

658
36

36
24

41
30

49
36

72

(2)
80

(2)
95

3,887
138
230
28
73
129

4,221 I
140
262
31
82
149

4,634
138
298
34
90
175

605
32
48
2
11
35

654
30
59
2
13
44

715
29
67
2
15
51

2
3
4
5
6
7

112
325
367
69
33
36

120
364
384
74
36
38

128
391
409
83
41
42

529
1,711
1,660
363
142
221

572
1,866
1,791
397
157
240

635
2,100
1,958
433
175
257

55
73
110
20
8
12

60
85
122
22
10
13

66
95
132
25
11
14

84
112
170
32
14
18

96
137
192
37
16
21

109
173
220
44
20
24

265
586
764
134
62
72

306
655
829
151
71
80

355
730
912
168
79
88

46
76
121
17
8
9

47
91
130
19
9
10

54
101
140
21
10
11

8
9
10
11
12
13

120
40
33
46

125
41
36
48

134
43
39
53

648
278
143
227

680
287
160
233

722
289
177
256

43
28
9
6

46
29
10
6

49
31
12
6

50
30
13
7

54
32
14
8

59
33
17
8

361
234
77
51

382
239
88
54

408
250
100
58

74
59
9
7

77
60
10
8

83
63
11
9

14
15
16
17

74
39

80
40

87
43

291
139

309
147

336
161

31
11

31
12

38
14

39
16

42
20

48
22

139
79

150
85

163
92

22
10

23
12

26
13

18
19

(2)

(2)

(2)

1956

1955

(2)

(2)

(2)

35

40

44

151

162

176

20

19

25

22

23

26

61

65

71

11

11

13

20

174
8
52
25
10
78

180
9
56
21
10
83

202
9
58
27
11
97

799
42
296
87
45
330

866
46
323
94
48
354

979
50
351
116
51
412

63
6
16
13
3
25

70
7
18
12
4
29

83
7
20
14
4
38

89
9
26
9
6
40

100
12
30
9
6
44

115
13
35
11
6
49

330
30
76
31
25
168

368
35
84
35
28
186

407
38
93
42
27
208

51
6
10
4
3
28

56
7
11
4
3
31

62
7
13
5
3
35

21
22
23
24
25
26

455
165
120
170

473
171
119
183

503
182
123
197

1,854
434
768
652

1,903
468
739
695

1,985
526
705
753

236
70
96
71

246
79
90
78

264
90
87
87

235
62
75
98

265
69
88
108

293
81
85
127

938
337
232
368

977
349
227
400

1,054
371
245
439

117
32
20
65

122
34
19
69

132
36
22
73

27
28
29
30

(2)

(2)

(2)

5

6

6

16

16

18

2

2

2

2

2

2

2

2

3

68

75

80

297

322

358

18

21

23

23

27

31

108

123

136

18

21

23

32

548
179
369

548
146
402

520
115
406

2,257
772
1,485

2,338
714
1,624

2,206
556
1,651

186
68
118

171
55
116

166
48
118

310
164
147

290
136
154

309
143
166

1,135
471
664

1,166
464
702

1,188
460
728

286
170
116

305
192
113

278
161
118

33
34
35

31

387

401

426

1,649

1,738

1,856

100

104

111

162

172

183

747

790

851

113

117

125

36

239

260

278

647

703

764

63

64

68

85

95

101

385

419

444

59

65

69

37

50

58

60

190

221

246

17

20

23

24

30

34

107

127

141

17

20

22

38

Table 57.— Far West

Table 58 —Washington

Table 59.— Oregon

1955

1956

596

27,334

29, 748

32,501

886

946

1,016

1

431
9
26

18,351
430
188

20, 195
437
201

22, 420
458
212

670
72
1

711
70
1

767
69
1

2
3

26

142
46

150
52

153
59

1

1

1

4
5
6
7

41
29
73
10
6
4

1,206
4,881
3,375
739
290
448

1,370
5,493
3,721
854
330
524

1,529
6,279
4,104
974
370
604

33
63
92
15
8
7

33
65
101
16
8
8

38
66
107
18
9
9

8
9
10
11
12
13

31
19
6
5

32
20
7
5

1,045
351
266
428

1,122
370
300
452

1,230
390
339
501

28

31

33

5
23

5
25

6
28

14
15
16
17

11
7

12
8

560
359

611
402

680
456

17
9

17
9

18
9

18
19

1954

1955

1956

1954

1955

38,558

41, 767

4,995

5,161

5,392

2,881

3,073

3,278

508

576

26,123
565
248
3
151
94

28, 704
590
258
3
154
101

3,313
68
11
3

3,516
68
12
3

3,714
68
13
3

1,846
53
6

1,995
53
6

2,140
54
6

358
7
25

417
7
29

(2)

(2)

(2)

(2)

(2)

(2)

8

8

10

6

6

6

25

28

1,600
6,353
4,402
935
368
566

1,756
7,137
4,844
1,070
417
653

1,927
8,030
5,309
1,203
467
736

249
864
597
125
45
79

235
964
649
138
50
87

236
1,038
695
142
56
86

99
589
372
65
29
36

102
656
405
69
32
38

120
684
437
77
35
42

45
20
59

4
3

50
23
70
9
5
4

1,456
542
359
555

1,550
567
400
583

1,676
595
450
631

237
98
47
92

243
99
50
94

253
103
56
94

146
76
40
30

154
79
44
32

162
82
48
31

29
18
6
4

721
456

777
509

858
572

88
56

88
61

90
66

64
35

67
38

76
42

9
6

1955

35, 718

23,869
558
230
3
143
84

1954

1956

U

1956

1955

(2)

(2)

(2)

7

Line

1954

1956

1954

Table 62.— Territory of
Hawaii

Table 61.— California

Table 60.—Nevada

1955

1954

1956

265

268

286

32

27

24

29

29

34

3

4

4

201

209

224

9

9

9

20

2,434
172
549
374
444
894

2,738
183
627
434
505
990

3,033
191
699
496
521
1, 127

253
19
57
31
17
129

277
20
64
36
17
141

302
20
69
41
18
154

159
10
38
20
11
80

175
11
42
22
11
88

190
12
45
26
11
97

76
19
8
3
38
7

101
31
10
4
48
8

103
31
11
4
48
9

1,946
124
446
320
378
678

2,185
122
512
371
428
752

2,438
128
574
425
444
867

51
7
12
5
5
22

56
8
13
6
5
23

63
9
14
7
6
27

21
22
23
24
25
26

5,083
1,391
1,417
2,275

5,339
1,466
1,403
2,470

5,710
1,544
1,421
2,744

810
257
246
307

830
258
239
334

863
268
236
359

289
80
29
181

303
87
27
189

328
90
27
210

82
24
30
28

87
24
29
34

95
28
28
39

3,902
1,031
1,113
1,758

4,119
1,097
1,109
1,913

4,424
1,158
1,130
2,136

297
104
128
65

320
110
143
68

352
114
165
73

27
28
29
30
31

(2)

(2)

96

101

110

13

12

14

5

5

6

78

83

91

2

2

2

673

740

798

90

95

100

52

57

62

9

10

11

523

578

625

25

27

27

32

5,020
1, 341
3,679

5,189
1,366
3,822

5,391
1,442
3,949

742
246
496

706
212
494

683
193
490

523
144
379

541
148
393

567
162
405

69
13
56

73
12
61

70
12
58

3,686
939
2,747

3,869
995
2,874

4,070
1,074
2,996"

75
9
66

84
10
74

91
10
81

33
34
35

(2)

4,698

4,965

5 270

565

588

624

328

344

365

60

65

68

3,744

3,968

4,213

91

98

105

36

2,095

2,274

2,428

365

349

374

181

192

205

20

22

26

1,530

1,710

1,823

42

45

45

37

637

732

824

80

92

103

49

56

60

9

11

11

499

573

650

17

19

19

38


433989°—-57

17

SURVEY OF CURRENT BUSINESS

18

August 1957

Table 63.—Broad Industrial Sources of Personal Income, by States and Regions, 1956
Table 70.—Industrial Sources of Civilian Income Received by Persons for Participation in Current Production, by States and Regions, 1956l
[Millions of dollars]
Table 70*

Table 63*

Total
personal Farm
income income 1

State and region

Continental United States

Government
income
disbursements

2

Federal

State
and
local

Private
nonfarm
income 3

Total

Farms

Mining

Contract Manuconfacturstrucing
tion

<

Whole- Finance, Transsale and insurportation
retail ance and
real
trade
estate

Com-

munications

and

14,341

32,934

20, 625

256,381

263,276

14,371

4,616

16,715

82, 851

52,780

11, 538

14, 636

7,302

21, 385
1,517
1,015
607
10, 614
1,666
5, 966

316
90
27
41
72
10
76

2,063
197
118
59
1, 085
266
338

1,288
88
59
40
694
98
309

17,718
1,142
811
467
8,763
1,292
5,243

16, 736
1,174
782
475
8,242
1,240
4,823

318
90
27
42
72
10
77

31
2
1
6
15
1
6

1,003
73
47
22
464
65
332

6,760
407
313
155
3,143
514
2,228

3,075
232
137
90
1,595
236
785

816
37
29
15
428
56
251

598
58
28
26
310
40
136

487
33
25
13
258
39
119

Mideast
New York
__
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia

83, 119
38, 784
13, 202
22, 020
1,149
5,911
2. 053

994
365
159
319
40
111

7,878
2,878
1,040
1,975
80
1,071
834

5,033
2,778
697
1,123
50
305
80

69,214
32, 763
11, 306
18, 603
979
4,424
1, 139

67, 410
31, 222
11,011
18, 084
861
4,735
1,497

998
367
160
320
40
111

630
72
28
516
(3)
14

3,806
1,573
705
977
104
391
56

23, 056
9,378
4,548
7,403
365
1,313
49

13, 450
7,037
1,978
3,177
125
865
268

3,559
2,153
472
644
30
198
62

3,739
1,642
600
1,116
41
278
62

Great Lakes
Michigan
Ohio
Indiana
Illinois
Wisconsin

73,874
16, 206
19, 594
8,586
22, 472
7,016

2,530
348
447
414
825
496

5,159
1,011
1,422
613
1,637
476

4,105
1,096
990
456
1,130
433

62,080
13, 751
16, 735
7,103
18, 880
5,611

62, 686
13, 868
16,613
7,409
18, 902
5,894

2,532
348
448
414
826
496

506
98
135
65
186
22

3,880
844
1,028
450
1,208
350

26,337
6,532
7,408
3,206
6,856
2,335

11,517
2,381
2,896
1,330
3,808
1,102

2,171
384
530
229
836
192

25,583
5, 657
4, 445
7,904
897
926
2,246
3, 508

2,707
597
713
509
254
184
253
197

2,468
446
379
712
86
126
276
443

1,690
393
303
452
65
76
160
241

18, 718
4,221
3,050
6, 231
492
540
1,557
2,627

20,729
4,700
3,604
6,437
756
732
1,773
2,727

2,710
597
713
510
255
184
254
197

287
101
16
42
11
11
11
95

1,380
352
196
424
46
51
105
206

4,572
1,062
792
1,779
22
50
255
612

4,628
983
790
1,450
178
179
440
608

49,873
6,012
2,815
3,995
4,566
5,770
2,665
5, 196
6,641
3,854
2,047
4,338
1,974

3,930
302
75
385
308
702
213
362
429
258
330
222
344

6,998
1,435
235
516
524
641
416
731
925
573
291
429
282

3,270
322
172
230
283
343
168
333
451
276
161
405
126

35, 675
3,953
2,333
2,864
3,451
4,084
1,868
3,770
4,836
2,747
1,265
3,282
1,222

39,959
4,694
2,379
3,212
3,790
4,736
2,103
4,200
4,962
3,194
1,645
3,494
1,550

3,935
303
75
385
309
703
213
362
430
258
330
222
345

1,276
82
489
199
38
16
5
20
36
75
21
263
32

2,498
294
111
198
216
238
110
234
516
194
69
251
67

9,745
980
641
817
1,140
1,520
750
1,137
550
916
328
670
296

21, 569
3.491
15, 044
1,218
1,816

1,243
151
799
81
212

2,773
487
1,818
226
242

1,428
296
889
100
143

16, 125
2,557
11, 538
811
1,219

17, 100
2,714
11, 937
970
1,479

1,246
151
802
81
212

1,268
285
797
88
98

1,245
174
855
82
134

7.111
1,188
992
602
3.003
1,326

596
190
174
54
113
65

945
124
102
90
430
199

550
84
69
46
249
102

5,020
790
647
412
2,211
960

5,690
987
840
472
2,269
1,122

598
190
175
54
114
65

332
83
26
51
86
86

41,767
5, 392
3. 278
596
32 501

2,025
260
216
21
1,528

4,650
785
293
76
3,496

3,261
442
241
43
2,535

31,831
3,905
2,528
456
24, 942

33, 416
4,254
2,735
482
25, 945

2,034
261
217
21
1,535

1.016

86

315

82

534

7/8

86

._ .

.

_ _
.

Plains
Minnesota
Iowa
MissourL
North Dakota
South Dakota
Nebraska
Kansas
Southeast
Virginia
West Virginia
Kentucky
Tennessee
North Carolina
South Carolina
Georgia .
Florida
Alabama . .
Mississippi
Louisiana
Arkansas

__

..

--

_.

Southwest
Oklahoma
Texas
New Mexico
Arizona
-

- -

Rocky ^Mountain
Montana
Idaho
.
Wyoming
Colorado
Utah
Far West .
Washington
Oregon
Nevada
California
Territory of Hawaii

.

.. _




Other

30, 182 27, 853

882

2,004
111
90
58
1,060
137
548

1,554
117
83
46
854
137
317

90
14
2
2
43
5
24

2,033
1,025
310
506
15
134
43

8,702
4,628
1,305
1,837
80
571
281

7,266
3, 273
877
1,549
59
837
671

171
74
28
39
2
23
5

3,173
468
906
402
1,152
245

1,535
353
373
167
501
141

5,942
1,274
1,520
563
2,060
525

4,962
1,168
1,325
566
1,429
474

131
18
44
17
40
12

845
196
126
292
21
26
92
92

1,500
336
192
498
54
30
152
238

578
115
97
196
19
18
46
87

2, 136
490
328
696
69
79
193
281

2,034
452
340
535
81
102
220
304

59
16
14
15

8,138
936
376
589
794
908
391
933
1,238
600
356
727
290

1,570
192
56
93
142
157
81
190
300
125
54
132
48

2,308
321
168
214
216
215
66
235
297
152
69
254
101

1,018
114
88
81
75
90
43
110
131
79
45
114
48

4,447
492
190
322
430
452
195
458
816
327
164
447
154

4,863
958
182
307
424
423
243
500
610
462
201
394
159

161

3,008
425
2,301
100
182

3,865
619
2,784
182
280

742
109
539
35
59

1,059
152
789
54
64

550
94
363
41
52

2,012
311
1,392
125
184

2,053
381
1,285
178
209

52
13
30
4
5

464
66
62
40
198
98

780
109
126
40
333
172

1,238
185
163
82
578
230

217
30
24
15
104
44

442
89
55
58
158
82

177
28
24
14
79
32

623
98
91
50
282
102

814
109
92
68
335
210

286
14
8
29
235

2,439
297
168
48
1,926

8,593
1,099
729
31
6,734

6,869
906
617
96
5,250

1,618
187
107
15
1,309

1,817
277
181
35
1,324

924
98
84
13
729

4,316
461
311
127
3,417

4,307
630
302
67
3,308

213
24
11
3
()
178

1

46

U

US

SI

39

21

93

188

4

*Figures shown here for 1956 replace those for 1955 published in "Personal Income by States Since 1929."
Footnotes to table 63:
1. Consists or net income of farm proprietors, farm wages, and farm "other" labor income,
less employee contributions under the OASI program. 2. Consists of income disbursed
directly to persons by the Federal and State and local governments. Comprises wages and
salaries (net of;employee contributions for social insurance), other labor income, interest,
and transfer payments 3, Equals total personal income less farm income and government
income disbursements.
;

Government 2

public
utilities

324, 281

New England.
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island- Connecticut

Services

0

2
5
7
22
3
7
6
14
6
21
38
6
8
20
10

(3)

5
2
2
1

The 1955 figures have been revised.

Footnotes to table 70:
1. Consists of wage and salary disbursements, other labor income, and proprietors' income,
2. Does not include earnings of military personnel. 3. Less than $500,000.

SUEVEY OF CUEEENT BUSINESS

August 1957

19

Table 78.—Wages and Salaries in Manufacturing Industries, by States and Regions, 1956

1

[Millions of dollars]

Great Lakes Michigan
Ohio
-.
Indiana
Illinois
_
Wisconsin

__

1 500 0

134 2
64 4
21 2
16 9
22 6
17
7 4

3

864.7
277 5
195 5
354 5
10 6
26 6

2, 085. 0
1 326 7
237 7
438 0
11 5
70 6
5

1,641.0
244 8
307.8
178 4
663.2
246.8

11.5
2 4
4.7
17
2.2
.5

156.4
13 3
62.2
6 4
45.8
28.7

343.2
30 9
81 6
39 1
168 1
23.5

4, 321. 0
1, 004. 0
751.0
1, 681. 0
21.0
47.0
242 0
575.0

950.7
233.4
222 5
239.0
11.3
31.3
119 9
93.3

2.3

20 5
9.3
2 2
8.9

158 7
26.4
10 6
110 3

9, 122. 0
920.0
599.0
710.0
1, 079. 0
1, 449. 0
720 0
1, 080. 0
517 0
857.0
307 0
609.0
276 0

844.3
84.9
26.9
107.4
92.4
72.7
25 1
118.2
99 1
51.0
33 2
97.2
36 2

237.9
53 6
3.0
38 4
3.7
107.7
48
1.7
20 7
1.4

2, 758. 0
391 0
2, 100 0
95.0
173 0

316.9
54 2
239 9
8.0
14 8

.3

730. 0
101 0
119.0
33.0
318.0
159 0

143.1
15 3
26 9
4.6
66.6
29 7

8, 030. 0
1, 037. 0
684.0
29 0
6, 279. 0

862.2
101.4
72 0
24
686 4

66.0

45.0

310 0

264.1
31.2
7.0
9.0
161.3
16.2
39 4

32

21, 588. 0
9 092 0
3, 966. 0
6 903 0
342.0
1,211 0
75.0

1, 444. 7
633 9
269.4
382 0
17.8
125 7
15.9

54.5
70
81
39 1

24, 754. 0
6 066 0
7, 048. 0
2, 986 0
6, 442. 0
. _ 2, 213. 0

_ _ _ _ _

_

_ _ _ _

Plains
Minnesota . _ _ _ _ _ _
Iowa
Missouri _ _ _ .
North Dakota
South Dakota
___
Nebraska
Kansas
_ _ _ _ _ _
Southeast
Virginia
West Virginia
Kentucky
Tennessee
North Carolina.
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana __
Arkansas

2 455 0

251 5
63
61
55
175 0
9.6
49 0

6, 467. 0

6, 326. 0
389.0
298.0
147.0
2, 971. 0
486.0
2, 033. 0

_ _ _ _ _ _

--_

3,692 0

606 6
58.5
46 8
8.7
252 6
142.6
97 4

77, 629. 0

-

__

3,492 0

Tobacco
manufactures

.. - -

Mideast
New York
New Jersey
Pennsylvania
Delaware
Maryland
District o f Columbia

Furniture
and
fixtures

Food and
kindred
products

Continental United States
New England
Maine
New Hampshire
Vermont. . _
Massachusetts
Rhode Island
Connecticut

fabric
products

Lumber
and wood
products,
except
furniture

Total
manufacturing 3

State and region

_ _ _ _ _ _
_ _

_

Southwest
Oklahoma
Texas
New Mexico
Arizona
Rocky Mountain
Montana
Idaho
Wyoming
Colorado
Utah
Far West _
Washington.
Oregon.
Nevada
California
Territory of Hawaii

_ __

_

_

Apparel
and other

Textilemill
products

6
(2)

17
(2)

9

2.3

finished

Products
of
petroleum
and coal

2 699 0

4 183 0

4 444 0

1 459 0

2
8
1
6
3
3
1

339 4
89 2
34 4
88
161 1
7 3
38 6

282 4
85
12 4
6 5
170 8
17.0
67 2

164 1
32
16
13
94 2
6.6
57 2

18 9
.1
2
.1
12 6
2.8
31

325
174
40
91

5
8
0
4
2
18 2
9

671 5
317 9
129 7
187 4
27
32 5
13

1 466 0
913 7
140 0
301 1
66
54 9
49 7

1, 454. 3
445 8
483 8
282 8
186 8
54 0
1.1

367.8
96 0
91 0
166 9
2.0
11 9

265 1
50 8
43 9
40 7
63 2
66.5

477 2
104 5
111 3
85 2
125 3
50.9

759.3
153 8
198 8
48 5
160 3
197.9

1,191.2
156 9
294.9
93 5
544 5
101.4

975.2
242 9
278.7
139 8
269 5
44.3

269.4
21 ft
69.8
78 0

91
32
21
25

63
12
9
34

5
1
1
0
1
1
4 4
37

124 1
55 7
83
48.2
.1
32
8.6

311.6
84.0
49 4
116.8
40
5.2
20 7
31.5

217.8
30.7
29 1
110.4
1
.9
90
37.6

52.2
7.4
3
16.7
.2
.1
.5
27.0

169
79
20
50
2
16

7
8
1
2
7
2
7

81
2
6
5
50
2
14

96. a

4.6

1

36
7.8

1 774 7
123 8
7.8
84
93.7
674.5
418 7
293.5
19
129.7
12 7
4 8
52

543 1
49 7
10.6
45 0
78.2
57 1
52 0
97 9
18 1
48 6
55 3
16 2
14 4

651 5
61 5
20.6
30 2
55.2
78 2
40 7
78 8
45 4
62 5
56 0
60 2
62 2

334 3
50 4
4.2
21 7
34.1
122 2
10 4
26 0
22 0
71
12 8
4 1
19 3

511 0
49 7
5.8
54
41.7
52.6
31 5
72.9
63 2
48 0
37 4
81.9
20 9

332 8
35 3
13.9
36 1
48.1
35 6
12 5
38.5
50 0
21.4
84
22.5
10 5

1 027 2
172.2
150.8
60.3
242.3
50.2
76 4
40.4
50 0
43.7
22 0
93.4
25 5

146.2
.4
6.2
9.0
2.7
.6
.6
3.0
2.®
15.2
1.0
93.7
11.8

28 6
29
25 5
.2

90 4
69
80 0
.4
31

91 6
75
61 5
85
14 1

47 6
71
38 1
.4
20

43 6
31
40 2

156 1
24 3
115 2
5.2
11 4

278 9
88
250 8
12.5
68

333.4
50 7
278.*
3.7
.1

90

114 0
33 7
64 4
4 4
84
31

70
2
3

54.4
70
47
2.6
31 0
91

25.9
50
4 7
.1
10 6
55

38.0
90

300 6
71.1
67
10 3
212 5

233.1
6.4
2.1

2 4

.7

(2)

3

Chemicals
and allied
products

7
7
9
7
2
30
4 2
40

(2)
(2)

2.9

Printing,
Paper and publishing
allied
and allied
products
products

1.1

(2)

2
(2)

4
7

4 5
4 3

3

39 4
2.6
10 3

211 1
11 8
80

3

26 5

191 3

10

87

(2)

937
242
384
2
307

2
7
6
7
2

9

(2)
U

(2)

3
7.6
3.8

(2)

4 5
20

0

0

5

163 7
16 0
89

242.5
89.0
36 0

138 8

117 5

388 5
39.9
25 4
33
319 9

1 5

1S

6.8

(2)

17.7
2.0
93

224.6

1. This table corresponds to table 78 in "Personal Income by States Since 1929". Figures shown there for 1955 have not been revised.
2. Less than $50,000.
3. Figures in this
table are on a "where paid" basis (see section on "adjustments for residence", pp. 100-102, 1956 State Personal Income supplement). For this reason, the manufacturing wage and salary
totals in this table for some States and the District of Columbia differ from those incorporated in tables 4-70.
NOTE.—Detail will not necessarily add to totals due to rounding.




SUEVEY OF CURRENT BUSINESS

20

August 1957

Table 78.—Wages and Salaries in Manufacturing Industries, by States and Regions, 19561—Continued
[Millions of dollars]

Rubber
products

State and region

Continental United States
New England
Maine
New Hampshire
Vermont
Massachusetts
Rhode Island
Connecticut

_

_

-

-

__ _

-

Mideast
New York
New Jersey
Pennsylvania
Delaware
Maryland
District of Columbia
Great Lakes
Michigan
Ohio
Indiana
Illinois
Wisconsin

__ _

_ _

Southeast
_
Virginia
West Virginia
Kentucky
Tennessee
_
North Carolina
South Carolina
Georgia
Florida
Alabama
Mississippi
Louisiana
Arkansas
Southwest
Oklahoma
Texas
N e w Mexico _.
Arizona
Rocky Mountain
Montana
Idaho
Wyoming
Colorado
Utah
Far West
Washington
Oregon
Nevada
California
Territory of Hawaii




__

_

_
_

-_

_

_

-_-

.-

___

__

_ _

_
_ _

_

_

2, 580. 0

7, 200. 0

6, 168. 0

9. 062. 0

5, 691. 0

5, 567. 0

4, 447. 0

1, 669. 0

1 998.0

367.2

114.7
3.8
5.5
15.0
55.9
9.7
24.8

320.8
1.5
2.8
3.2
120.8
25.2
167.3

543.0
13.2
7.6
3.1
197.7
29.8
291.6

917.0
17.8
38.2
42.4
381.0
59.1
378.5

590.4
1.6
31.2
3.3
390.3
27.5
136.5

514.2
18.4
.2
5.1
91.2
.6
398.7

55.9
.2

204.4

349.6

221.6
43 0
79.4
67 4
5.2
26.6

372.0

780.6
223.2
158.8
356.4
1.2
39.7
1.3

2, 521. 3
463.6
208.4
1,613.4
22.8
213.1
(2)

1, 612. 9
640.7
257.8
593.8
15.3
103.5
1.8

1,931.8
815.6
397.8
642.5
15.9
59.7
.3

2, 049. 0
773.5
609.0
612.1
.5
53.5
.4

64.2
66.1
2.2

224.3
2.2
8.2

215.7
40.2
98.2
9.2
8.7

(2)
2

( )

.4
1.4
3.3

3.3

6 0
3.6

44.1
3.8
7.8

98.2
15.7
85.4

155.9
83.1
97 7

1, 132. 1
429.6
195.8
261.4
1.3
244.0

455.3
207.4
101.6
102.4
21.7
22.2

870.2
577.7
149.0
132 5

738.2
428 8
152.9
130 0

1.1
9.1
.8

6.4

19.5
.6

626.4
73 2
423.0
74.1
29.7
26.4

217.7
17.5
45.4
7.5
80.2
67.1

754.0
78.7
357.9
112.0
182.2
23.2

2, 930. 4
465.7
1, 142. 1
549.3
619.2
154.1

2,411.4
584.8
700.3
241.0
697.2
188.1

4, 489. 3
1, 004. 4
1, 401. 1
337.8
1, 244. 2
501.8

2, 033. 6
189.8
478.9
352.0
780.1
232.8

879.2
75.6
398.1
201.3
186.8
17.4

3,411.4
2, 405. 8
426.9
328.8
107.9
142.0

330.4
47.5
53.0
16.8
162.5
50.6

581.4
101 6
168.0
53.6
213.6
44.6

42.8
4.3
19.2
4.9

127.9
6.1
1.3
119.6

144.1
33.2
30.8
69.9

144.3
15.8
6.0
92.3
.4

116.3
74.0
14.8
19.2

91.1
24.1
17 2
41.3

2.7
7.5

496.8
139.5
181.6
116.3
1.2
1.8
17.0
39.4

384.6
6.2
17.3
145.5

.5
.4

343.9
105.0
44.1
145.6
1.2
1.6
15.6
30.8

234.1
39.8
42.0
137.1

4.5
9.9

201.7
64.3
23.3
77.2
1.2
2.2
6.2
27.3

11.8
3.4

2.7
212.9

3.9
25.9

81.1
5.6
1.2
1.0
26.0
7.6
.4
3.3
.6
29.8
4.8

96.2
16.5
3.2
6.6
40.6
2.1
.6
9.0
3.1
2.3
2.5
.1
9.6

364.4
25.5
108.3
19.7
34.5
24.8
18.0
26.5
31.4
29.8
11.6
23.5
10.8

595.4
18.7
157.8
48.4
77.9
9.8
4.0
20.9
3.6
220.7
.6
18. 2
14.8

409.6
42.9
25.1
60.2
88.0
25.0
4.1
23.4
42.7
44.0
11.1
29.2
13.9

349.0
16.6
17.8
130.5
41.8
37.2
8.7
30.4
16.1
23.1
8.5
15.7
2.6

229.1
14.6
18.5
40.3
30.3
74.5
2.9
14.5
7.9
14.4
3.3
.3
7.6

348.4
70.4
6.6
4.4
7.4
5.6
1.6
112.5
27.2
54.6
17.5
37.9
2.7

130. 2
9.9
4.4
26.3
15.9
4.5
.3
53.2
1.9
5.7
5.5
1.4
1.2

10.7
1.1
9.3
.2
.1

107.4
25.6
73.2
1.9
6.7

167.7
17.7
126.1

184.3
30.3
110.3
38.3
5.4

279.5
54.5
216.8
.9
7.3

75.8
5.3
33.2
2.1
35.2

427.7
69.0
308.6
8.2
41.9

51.3
6.6
43.8
.7
.2

10.8

30.8
2.5
1.9
2.3
14.5
9.6

142.7
25.3

37.1
1.2
2.2
.3
22.2
11.2

40.3
.6
2.5
.3
28.3
8.6

4.9
.1
3.5
1.3

16.4
.1
.1
.1
15.7
.4

377.6
82,5
23.4

625.8
32.0
27.8
.3
565 7

558.3
30.9
27.7
.5
499.2

474.1
6.6
9.8

1, 864. 4
259.1
18.6

1.9

.8

27.6
(2)
(2)

(2)

- -

Miscellaneous
manufacturing

Instruments

1, 229. 0

23.2
8.4
14.8

.

Fabricated
AutomoTransporMachinery,
metal
biles and
tation
products,
except
Electrical equipment automoincluding electrical machinery
bile
except
ordnance
automo- equipment
biles

202.6
.5
2.7
3.6
109.8
23.5
62.5

.8

. _ _

Stone, clay, Primary
metals
and glass
products industries

1 317.0

(2)

_ _ .

Plains
Minnesota
Iowa
Missouri
North Dakota
South Dakota
Nebraska
Kansas

Leather
and
leather
products

(2)

26.3
1.3

10.6
.2

91.7

.4
1.2

26.5
1.6
.9

90.1

24.0

226.4
16.4
7.2
2 r*
200 5

.2

.7

(2)
(2)

2.6

21.3

6.4
.1

52.4
58.5

6.0

265.7
(2)

(2)

(2)

457.7
(2)

4,1

.3
3
6.9
.8

31.0
5.6
.8
4.2

10.4

1.2
.5
2.0
2.0
.4
.5
1.0
2.4

8
3
3.9
3.5

84.5
11. 7

5.5
6.3

13.6

5.4
6.1

13.0
7 8
4.0
2.5
4.4
4.2

18.4

25.3

14.2

19.5

3.9

.1
.2

3.0

1.3
1.5

4.8
.1
.1
.4
3.9
.3

9.8
.6
.8

194.5
18.3
4.4

93.5

118.1

.3
1, 585. 9

171.8

88.3

104.7

.3

.1

./

.3

(2)
U

.4

(2)

2.8
.9

1.2
4.0

.l

6.3
2.0
7.5
5.2

August 1957

SURVEY OF CURRENT BUSINESS

21

Personal Income by States in 1956
(Continued from page 10)
The spurt in machinery output had large effect in the Great
Lakes region, New Jersey, Kentucky, Rhode Island, and
California. In Michigan, an increase of nearly one-fifth in
wage and salary disbursements in the nonelectrical machinery
industry offset approximately half the drop in automobile
manufacturing. Similarly, payroll advances ranging from
one-fifth to three-fifths in nonautomotive transportation
equipment bulk large in the manufacturing records of Connecticut, Maryland, Texas, Arizona, and California.
In several States, the smallness of increase in total factory
payrolls from 1955 to 1956 can be traced to either textiles
or lumber manufactures. Wages and salaries in these two
industries, both nationally and in States where they are
important, were little changed from 1955. As a result, gains
in manufacturing were restricted by the small advance in
textiles in Maine, Rhode Island, North Carolina, South Carolina, and Georgia, and by the decline of lumber production
in Washington and Oregon.
The foregoing diverse developments thus had considerably
varying geographic effects because of dissimilarities among
the regions in the composition of industry. In addition,
rates of change by types of manufactures differed significantly on a regional basis.
The relative importance of these two factors—industrial
composition and rates of change—in contributing to aboveaverage or below-average regional expansion in total factory
payrolls can be gaged in approximate fashion. Calculations
along this line indicate that superior growth rates by lines
of activity underlay the relatively good performances in
overall manufacturing of the four southern and western
regions in 1956. The composition of manufacturing in
these areas was not particularly "favorable" or "unfavorable"
to expansion last year—as shown by the fact that had rates
of change by individual industries in these southern and
western areas only equaled the national average, their gains
in total factory payrolls would have approximated the 8percent national figure. Also of relevance in this connection is the direct observation that in the South and West
payroll gains were above average in a high proportion of
the 21 types of manufactures. These gains were quite
pervasive among individual States.
For the North Central area (Great Lakes and Plains
States), tests indicate that the less-than-average increase in
manufacturing from 1955 to 1956 was due mainly to the
influence of differential rates of change by industry, and that
industrial composition was a relatively minor factor. In the
large Northeast area embracing both the Mideast and New
England, it is evident that neither of these factors was of
sufficient importance to cause total factory payroll expansion
last year to differ appreciably from the nationwide average.
These findings point to differential rates of change on an
individual industry basis as the principal determinant of
regional variations in the rise of total manufacturing wages
and salaries from 1955 to 1956. Striking though they were,
specific developments by industry proved to be largely canceling, or neutral, in their effects upon last year's regional
shifts in total manufactures. Such a canceling, as might be
expected, was less pronounced on a State basis.

Construction fluctuates widely by States
In most regions total earnings of individuals employed in
the contract construction industry moved up from 1955 to
1956 at a pace not materially different from the nationwide



average of 7 percent. By States, however, there were
sizable fluctuations.
Income data are not available in the detail necessary to
trace the sources of these fluctuations in terms of the underlying types of contract construction. Collateral evidence,
however, permits a few generalizations in this regard.
From tabulations of the Bureau of Public Roads on capital
outlays for highway construction, it seems evident that expanded roadbuilding was a prime element in the unusually
large step-up in income from contract construction in Alabama, Vermont, Louisiana, Connecticut, and Wyoming.
Conversely, the termination of highway projects in late
1955 or early 1956 was a major factor in New Jersey, Rhode
Island, Ohio, and Mississippi.
Employment data from the Atomic Energy Commission
show that the completion or near completion last year of
atomic energy installations or facilities also caused some divergence in State changes in contract construction. Reductions in employment on AEG projects particularly affected
the flow of income from construction in Ohio, Tennessee,
South Carolina, and Washington.
The BLS series on housing starts in 20 selected States, as
well as State figures on dwellings financed by Governmentunderwritten mortgages, indicate that the 1955-56 decline
in residential construction was widespread geographically.
It would not appear that, by and large, this contraction had
significantly disproportionate effects on the flow of State
personal income.

Other sources of income
Mining activity in 1956 had an appreciable influence on
personal income changes in some half dozen States. In
West Virginia and Kentucky further sizable expansions occurred in coal output from the 1954 postwar lows. In
Louisiana, Oklahoma, and New Mexico petroleum production increased substantially. And metal mining gave a
particular impetus to the income growth in Idaho.
In most States, 1955-56 changes in income from trade,
and to a lesser degree from the service industries, appear to
reflect the experience of the industries which primarily
characterize economic activity in them. This would explain,
for example, the smallness of the advance in trade activity
in the District of Columbia, Michigan, South Carolina,
Mississippi, and all States of the Plains.
Government income disbursements—the total of all income
paid directly to persons by Federal and State and local governments—exhibited substantial uniformity of movement in
most States from 1955 to 1956. Changes of unusual magnitude stemmed very largely from shifts of military personnel,
which in turn generally affected associated civilian employment in the installations involved.
While increased military flows, it may be noted, contributed somewhat to the exceptionally large (14 percent) expansions of Government income disbursements in Delaware and
Michigan, other influences were dominant. In both States,
the total payrolls of State and local governments went up
nearly one-fifth last year—the largest increases in the
country. In Michigan, additionally, there was a doubling in
State unemployment insurance benefits, which helped
cushion the payroll declines in that State centering in
automobile manufacturing and supporting industries.

by Samuel Pizer and Frederick

Record Growth of Foreign Investments

u.

( NITED STATES private investments abroad rose by
the unprecedented amount of nearly $4 billion in 1956 to a
year-end total of $33 billion. American parent companies
added $2.8 billion to their direct investments abroad as a
result of the sustained rise in world demand for manufactures and raw materials and to provide for anticipated
future demands. At the same time, United States financial
institutions and other private investors supplied short- and
long-term loans and credits totaling over $1 billion.
The increase in direct investments was more than $1
billion greater than the previous record increase in 1952,
and the outflow of other private capital was somewhat
larger than the previous highs in 1927 and 1928. The combined total exceeded any prewar year, even in real terms.
In the first half of this year the value of direct investments
rose by about $1.5 billion, and extensive further investments are planned by the parent companies. Other types
of private capital movements are subject to more fluctuation, but the continued relatively high yields on capital
employed in foreign countries suggest that the net outflow
of about $0.7 billion during the first half of this year will
be well sustained in the second half. Thus, the 1957 expansion of foreign investments is expected to be of the same
general magnitude as last year's high.
The remarkable rise in capital outflows from the United
States in 1956 and 1957 has been a major source of financing
for our record exports, which in turn have bolstered the
United States economy. Some of the direct investment
outflows covered the export of capital goods and other
materials to United States-owned foreign enterprises. An
unusually large part of the direct investments, however,
together with the other private capital outflows, provided
liquid dollar resources for the use of foreign countries. The
increased capital outflow to foreign countries, despite the
persistent demand for capital in the United States, suggests
that investors regard foreign investments more favorably
than in the earlier postwar period.
While private foreign Investments increased last year,
earnings also were growing, but at a much slower rate.
Total earnings on private investments were $3.4 billion in
1956, compared with $3.1 billion in 1955. Direct investments earned $3.1 billion, an increase of nearly $300 million
over the previous year. About one-third of the increase
represented larger undistributed profits of foreign subsidiaries, which totaled $1 billion in 1956 and were a major factor
in financing the expansion of the investments.
Direct Investments
Last year's upsurge of United States direct investments
abroad extended into nearly every part of the free world,
and across a broad range of industries. Most noteworthy,
however, was the sharp rise in petroleum investments, which
increased by $1.4 billion in the year to a total book value of
$7.2 billion at the end of 1956. Manufacturing investments
also increased by a record $740 million, while other industries
such as mining and smelting and public utilities tended
NOTE: MR. PIZER AND MR. CUTLER ARE MEMBERS OF THE BALANCE OF PAYMENTS DIVISION, OFFICE OF BUSINESS ECONOMICS.

22




upward from their relatively slow rate of growth in the past
few years.
The figures given here for increases in book values, which
are the sums of net capital outflows, undistributed subsidiary earnings, and relatively minor accounting adjustments, fall considerably short of the total gross capital
expenditures being carried out by United States companies
abroad. Such expenditures would consist of outlays for
plant and equipment, increases in inventories, and exploration and development expenses. A substantial part of these
outlays is financed out of charges against the income of the
foreign enterprises, primarily representing depreciation
allowances or development expenditures which are accounted
for as operating costs. Neither these amounts, nor expenditures financed by borrowing or equity financing in foreign
capital markets, are counted as part of the increase in book
values. Moreover, book valuations themselves are in present
conditions much lower than alternative valuations of the
foreign properties, such as replacement cost or market
values, where these can be determined.
Data on gross investments have been compiled for Latin
America for the year
1955 on the basis of a special survey
covering that area,1 but similar data for all countries would
require a world-wide survey.
1. Survey of Current Business, January 1957, "The Role of United States Investments in
the Latin American Economy."

Annual Additions to U. S. Direct
Investments Abroad, by Industry
BILLIONS OF D O L L A R S
3.0

-

ALL OTHER

2.5 MINING AND
SMELTING

2.0 -

1.5 -

PETROLEUM

1.0 -

.5 -

1948 49

50

51

52

53

U. S. Department of Commerce, Office c»4 Business Economics

54

55

56
57-24-5

SUEVEY OF CURRENT BUSINESS

August 1957

23

In 1956 petroleum investments in Latin America expanded
by about $425 million, with Venezuela accounting for about
$350 million, largely because of payments for leases on new
areas. This factor is also important in 1957. Elsewhere in
Latin America sizable investments were made in petroleum
refining and marketing facilities in Brazil and Cuba, and in
producing properties in Peru. Additions to tanker fleets
also raised the total for Panama, where these vessels are
registered. Exploration activities in a number of Latin
American countries also require substantial expenditures
which are not reflected as capital investments. In 1956
such expenditures in the area may have approached $100
million.
Petroleum investments in Canada proceeded at a record
rate in 1956, and in addition, holdings in that country were
increased to the extent that properties of the petroleum
company purchased from British investors are located in
Canada. All branches of the oil and gas industry were being
expanded, with particular emphasis on pipelines and the
continued development and exploration of producing fields.
A considerable expansion of petroleum investments in
Western Europe was also underway in 1956, mainly to increase refinery capacity, but also in the search for producing
areas on the continent. The largest investments were made
in the United Kingdom, not counting the existing company
purchased from British holders, but sizable investments
were in progress in Germany and France and many other
countries in the area.

Petroleum leads
As indicated above, about half of the entire increase in
direct investments abroad in 1956 was accounted for by the
petroleum industry. Acquisitions of new leases on potential
Producing areas, mainly in Venezuela, made up over onefifth of the total amount added to these investments. The
purchase of an existing foreign company from British owners
required a cash payment of about $180 million, and the
financing of gas and oil pipelines in Canada required about
$100 million. In addition to these large expenditures, the
companies were expanding refining and distribution facilities,
modernizing producing properties to improve their recovery
rates, and developing the utilization of byproducts of the
industry. It should be noted that much of this investment
is manufacturing in character rather than extractive.
Current activities of petroleum companies, including
many companies which are entering the foreign field for
the first time on a substantial scale, are primarily related to
the projected increase in world consumption in the next few
years. The search for new resources abroad is probably
more intensive than ever before, and is encouraged both by
the relatively high costs of discovery relative to potential
output in the United States, and the growing recognition
on the part of foreign countries that they require rapid
development of their petroleum and other resources to
facilitate their economic progress. Therefore, the outlook
for this industry is a continuation of very large investments
abroad.

Table 1.—International Investment Position of the United States, by Area, 1955—56
[Millions of dollars]
Western
Europe

Total

Western
European
dependencies

Other Europe

1955'

1956 v

1955'

1956 v

12,073

9,292

10, 410

5, 123

6,133

3,919

10, 625

12,070

8,282

9,306

3,616

4,175

476

420

14

10, 320

11,733

7,348

8, 214

3.228

3,636

476

420

2

3
11

6,608
150
39
550

7,408
135
52
619

2,570
350
116
192

2,916
411
121
188

420

11

7,480
1,710
2,266
277

476

22

6,494
1,489
2,086
251

22

31

1

15

305

337

934

1.092

388

539

7
15

10
21

1

1
14

128
177

111
226

55
879

46
1,046

31
357

31
508

49, 462

14, 952

15, 728

711

895

318

327

29, 054

32, 977

5,360

6,103

681

874

14

29

Long-term

26, 668

30, 055

4,624

5,195

659

843

13

Direct
Foreign dollar bonds ...
Other foreign securities *
Other

19, 313

22, 118

3,004

3,493

821

3,011

2,063

193
580
848

184
572
946

637

2,821
1,874

22

2,386

2,922

736

908

447
1,939

416

225
511

217
691

Deposits
Other

.

..

2,506

United States Government credits and claims, 15, 893
Long-term
Short-term

15, 170
723

Foreign assets and investments in the United
229,557
States, total
Long-term investments

United States Government obligations
Long-term- _ __
__ _
Short-term

r

3,896

16, 485

9,592

9,625

30

21

304

298

7

3

1,010

1,104

1,507

1, 958

3,443

3,476

15, 219
1,266

9,128
464

8,929

21

696

29
1

303
1

297
1

5
2

1
2

983
27

973
131

1,279
228

1,522
436

3,443

3,476

31, 624

15, 648

16, 898

501

560

66

57

4,115

4,645

3,287

3,645

2,846

3,066

2,253

1,904

13,356

8,472

9,034

264

275

39

39

2,579

2,712

924

965

265

277

44

54

4,255
6,575

4,549

2,711

2,873
4,965

20
165
6
84

22

204
992

20
154
6
84

22

134
524
48
218

134
560
53
218

47
123
8
87

47
136
7
87

18
26

17

1,475
1,093
5
139

20
34

17

1,343
1,091
6
139

4,643

259
1,498

6,961
309
1,537

16, 970

18, 268

7,176

7,864

237

285

27

18

1,536

1,933

2,363

2,680

2,581

2,789

2,209

1,850

8,471

9,503

3,360

3,624

198

231

20

11

686

1,031

2, 024

2,300

2,076

2,209

107

97

7,416
1,055

8,073

2,659

1,430

701

2,619
1,005

175
23

194
37

18
2

10
1

623
63

935
96

1,888
136

2,146
154

1,954
122

2,072
137

99
8

97

8,765

3,816
623
3,193

4,240

39
23
16

54
23
31

7
5
2

7
5
2

850
351
499

902
281
621

339
264
75

380
260
120

505
43
462

580
31
549

2,102
327
1,775

1,753
397
1,356

Private obligations
Deposits
Other

1955

12,587

Direct
Corporate stocks
._
Corporate, State and municipal bonds
Other
Short-term assets and United States Government obligations

2

1956 P

10,632

44,947

Short-term

1955 T

1955'

1956 *

2,863

1956"

1956*

1955'

2,660

International
institutions

1955'

1956 P

Private investments

Other foreign
countries

1956 P

1955 r

United States investments abroad, total

Latin American
Republics

Canada

_.

8,499
2

1,636
6, 863

2

1,501
7, 264

165
953

504

3,736

r
Revised.
Preliminary.
1. Consists primarily of securities payable in foreign currencies, but includes some dollar obligations, including participations in loans made by the International Bank for Reconstruction
and Development.
2. Includes United States currency not distributed by area as follows: 1955, $841 million; 1956, $849 million.
NOTE.—For earlier years, see the SURVEY OF CURRENT BUSINESS, May 1954, August 1955, and August 1956.
Source: U. S. Department of Commerce, Office of Business Economics.




SUEVEY OF CURRENT BUSINESS

24

August 1957

Table 2,—Value of Direct Investments Abroad, by Selected Countries and Years, and Major Industries, 1955-56
[Millions of dollars]

1955 r

Line

1

1950

Countries

All areas total

1952

1953

1954

Total

11, 788 14, 819 16, 286 17, 626 19,313

1956 P

Other
Mining
Mining
Other
ManuManuPetro- factur- Public Trade indus- Total
and
and
Petro- factur- Public Trade indusing utilities
smelt- leum
tries
smelt- leum
tries
ing utilities
ing
ing

2,209

5,849

6,349

1 614

1 282

2 391

7 244

7 088

1 694

1 444

2

Canada

3,579

4,593

5,242

5,871

6,494

862

1,350

2,841

326

383

732

7 480

938

1 752

3 186

338

426

840

3

Latin American Republics, total . . 4,735

5,758

6,034

6,244

6,608

1,024

1,801

1,372

1, 143

442

826

7,408

1,090

2,227

1,515

1,192

495

889

(i)

0)

406
(1)

f1)
194
(i)
107

230
565
37
58

69
156
(i)
37

45
137
11
42

28
(i)
7
(i)

470
1 209
677
289

(i)
(i)
434
(i)

242
610
40
70

69
180
0)
40

44
138
12
44

34
0)
9
(i)

(i)
154
191

(i)
15
(i)

55
274
24

312
91
(i)

30
56
27

774
675
354

(i\
165
221

(i)
213
(i)
103
(i)
18
0)

65
30Q
26

(i)

316
94

35
71
29

302
18
35

1 817

4
5
6
7

-

2 010 22 118

Argentina ._
Brazil...
Chile
Colombia

356
644
540
193

393
1,013
623
232

406
1,017
657
233

424
1,049
633
260

447
1,115
639
274

g
9
10

Cuba
Mexico
Peru

642
414
145

686
490
242

686
514
287

713
524
283

736
607
305

11
12

Venezuela
Central America, Dominican
Republic and Haiti ..
Other countries

993

1,174

1 291 1,366

1 428

1 058

60

18

57

298
17
30
(i)

722
86

802
103

835
108

881
111

938
119

16
(i)

291
17

27
43

279
9

21
15

304
(i)

1 010
133

1,720

2,145

2,369

2,639

3,004

40

764

1,640

42

286

233

3 493

65
32
217
204

95
38
276
251

108
36
304
276

116
39
334
293

134
39
376
332

78
10
210
191

(i)
26
28

150
44
426
424

63
84
24
31

80
108
33
40

95
125
37
45

126
140
40
50

157
162
43
58

80
87
10
18

47
38
12
21

20
5
17
33
4
25
2
4

3

6

32
24
113
74

26
11
(i)
12

204
182
61
62

58
25
847
70

70
28
1,038
88

74
31
1,131
107

83
37
1,257
124

96
41
1,426
140

3
14

36
10
217
63

45
17
946
25

435

468

601

599

637

111

431

131
304

158
309

178
423

172
427

179
458

61
50

71
360

1, 318

1,854

2,040

2,273

2,570

173

1,504

480

201
38
58

310
63
74

326
68
88

393
92
65

498
95
86

25

(i)
(i)
(i)

240
29
21

19
82
25

69
140
37

92
186
34

106
230
40

128
277
42

(i)
(i)

(i)
215
(i)

13
18

0)

149
140
606

178
194
788

188
212
847

217
216
914

229
259
957

(i)
77
47

(i)
60
814

31
86
41

62
(i)
(i)

13
14

Western Europe, total

15
16
17
18

Belgium
Denmark
France..
Germany

19
20
21
22

Italy
Netherlands
Norway
Spain

23
24
25
26

Sweden
Switzerland.
United Kingdom
Other countries

27
28
29

Western European dependencies,
total
Western Hemisphere
Other areas.

30

Other countries, total

31
32
33

Australia
India
.
Indonesia

34
35
36

Japan
Liberia. . .
New Zealand.

37
38
39

Philippine Republic
Union of South Africa
Other countries

__

._

(i)

(i)
(i)
(i)
(i)

r

Revised.
» Preliminary.
1. Included in total.
2. Less than $500,000.
Source: U. S. Department of Commerce, Office of Business Economics.

Petroleum investments in the Middle East were being
increased at a somewhat more rapid rate in 1956 than in
other recent years, including activities in new areas as well
as continuing expansion of existing properties.
Outstanding in the rest of the world were investments in
Australia and Indonesia, and the expansion of tanker fleets
registered in Liberia. Investments in Trinidad became
sizable with the acquisition of the British-owned company
mentioned above.

Manufacturing sets record
United States manufacturing companies are turning increasingly to the establishment of factories abroad in order
to maintain and enlarge their foreign sales. In 1956 these
activities required an investment of nearly $750 million, of
which about two-thirds was derived from undistributed
foreign earnings.



15
(i)
(')

(2)
(1)

(i)
(i)
(i)

5
1
2

m

318
19

33
43

44

994

1 835

6

38
26
136
111

88
12
230
234

107
102
25
20

56
41
13
21
47
21
1,039
33

(i)

(i)
(i)
(i)
(i)

24
3

7
10
133
25

25

36

22
3

18
18

79

136

199

2,916

197

1,699

536

2

26
10
3

21
(i)
(i)

551
109
119

29

(i)
(i)
(i)

264
34
24

1
9

5
(i)<
9

(i)
41
1

144
338
48

39
28
(i)

28
(i)
36

266
289
1,053

(i)
(2)

(i)
(i)

(i)

4
104
9

117
47
1,599
177

3
17

52
10
279
88

20

821

122

573

324
498

71
51

181
393

(i)
(i)

21

76

(i)

285
10

23
24

332
(i)

45

311

264

21
5
19
42

3
(i)
30
30
33
13
(i)
14

1 411
19

17
(i)
(i)

2 257

(2)

(1)

(i)
(i)
(i)

5
1
2

(i)

7
25
2
5

25
3

7
12
140
27

32

45

31
1

25
20

87

165

232

2

28
10
3

27
(i)
(i)

(2)

(i)
(i)

(i)

4
113
10
32

(i)
(i)

(i)
(i)

(i)
263
(i)

20
20

1
11
(i)

7
(i)
11

(i)
45
1

(i)
84
54

(i)
69
893

36
95
44

67
0)
(i)

52
31
(i)

0)

31
39

NOTE: The following area changes apply to all tables: Through 1953, Northern and
Southern Rhodesia and Nyasaland are included in "other areas" dependencies, line 29; in
1954 and later years they are included in "other countries," line 39. Through 1955, Morocco
is included in "other areas" dependencies, line 29; in 1956 it is included in "other countries,"
line 39.

Expansion was largest in Canada, contributing substantially to the unprecedented rate of industrial expansion in
that country. Manufacturing investments in Latin America
were also higher than in 1955, with Brazil, Mexico, and
Venezuela receiving the principal amounts. In this area
high local interest rates caused foreign subsidiaries to call
increasingly on the parent companies for working capital
requirements.
In Western Europe direct investments in manufacturing
continued to increase by an annual amount of nearly $200
million. Nearly half of the additional investment was in
the United Kingdom, as in 1955, but a striking development
was the increase of nearly $45 million in Germany, about
twice the 1955 amount. Expansion was also sizable in
France, Italy, and Belgium. In the rest of the world, there
was a significant increase in manufacturing investments in
Australia, and smaller increases in South Africa, Japan,
India, and the Philippines.

SURVEY OF CURRENT BUSINESS

August 1957

25

Table 3.—Direct Investment Capital Flows and Undistributed Earnings, by Selected Countries, 1955-56, With Major Industries for 1956
Table 4.—Direct Investment Earnings and Income,1 by Selected Countries, 1955-56, With Major Industries for 1956
[Millions of dollars]
Table 4

Table 3

1956 P
1955 r

total

Total

544

193

612

9
30
1
16

10
45
34
24

15
51
7

31
28
40

31

357

27
5

30
12

268

336

898

974

89

258

468

34

280

101

129

298

360

40

48

237

36

591

67

72

53

0)
10

8
27
1
3

4
13
2
4

4
1

2
24
1

50

27

0)
C1)

-3
30

(0

2

(2)

20

4

8

434

566

35
3

47
3

0)

32
(2)

1
1

14
2

81
13

83
13

344

83

29

219

208

63

111

30

474

485

2

5
2
4
28

2
3
3

9
(2)
32
15

9
1
33
30

5

0)
0)

3
(2)
14
8

3
8

18
3
50
51

19
3
51
53

6
-1
1
2

9
4
4

14
10
3
3

0)
0)
0)

4
2
2
1

12
16
5
5

22
19
5
3

21
8
14
1
17
(2)
221
20

6
2

2

()
-2
2

()

2
31
5

2

2
1
9
4

()
3
127
10

2
3
90
10

0)
(22)

2

0)
0)
0)

67
13
35

0)

7

6
23
2

21
37

23
37
8

19
3
1

38
58
391

16
7
29

0)
0)
0)

4
2
1

12
5
28

40
5
14

37
6
4

14
24
(2)

3
39
3

1

3
39
2

9
22
3

13
23
3

-3
23
22

15
10
70

14
2
4

15
20
19

23
20
21

(2)

0)

C1)

0)

1

0)

0)

4
8
2

3
6

(33)

64
16
37

65
-2
7

2
66

1
2
()
CO

16
4
2

56

1
1

( 22)
()
(2)

20
3
2

18

C1)

8
8
2
1

445

149

0)

5
7
1
1

64

147

0)
0)

5
7
2
1

676

39

(2)

9
3
2
2

669

9

0)
0)
0)

8
9
1
(3)

28

137

0)

(2)
(2)
(2)

1

7

6
12

45
66
382

23
24
25
26

(3)
3
1

47

192

19
20
21
22

(2)
(2)

11
139

150

2
5
1

(2)
(2)

11
3
18
23

150

(2)

5
2

277

9
2
18
36

21
24

6
18

15
16
17
18

255

4
1
4
11

45

24

3
4

14

3
1
2
3

94

11
2
30
33

45
175

7

20
25

64

6
2
13
19

246

5
(3)
17
9

220

45

12
30

135

1

139

34
172

42

13
4

76

6

(3)

206

18

1

2

36
10

13

1

-6
19

12
13

534

46
9

11
3

12

6
-2

11

30
9

402

44
11

1

4

14
21

17

1
2

25

2
3

4

5

11

4
(3)

15

36
(3)

()
86
5

()

506
1

526

8
11
273
18

2
1
61
1

(2)

1

10
280
18

35

0)

2

2

1
10
1

( 19)

-4

(2)

4
1
1
1

6
7
()
2

-5
1

1

41
34
25

24
10

(0
(0
0)

0)

34
32
25

5
-1

0)

()

44
16
16

2
3

32
9
15
1

2

5
37
4

()

23
13
2
()

(2)

()
24
14

3
4
2
()

(0

S

8
9
10

51
80
34

32

17
14

40
9
8

42
66
40

32

(2)

3
13
3

4
7
8

11

9
29

-2
3
(2)

(22)

13

0)

(2)
10
14

13
29
96
22

333

4

4
5
6
7

9
33
67
21

(0

(*)

( ;87

840

11
25
9
17

10
46
9

(2)
11
24

()

3

7
12
7
13

678

14
38
3
5

8
34
15

7
4
16
60

137

6
11
2
2

190

(2)
16
(32)
()

11
14
9

456

53

(2)
6
(2)

125

(22)
()
88
(2)

9
15
1

8

530

597

25
79
100
22

11
2

o

120

140

27
71
74
23

12
50
4
(2)

3

2

870 1,052

212

0)

103

341

18
38
7
2

0)
2 14

1

156

293

192

0)

361

27

139

6
17
5
10

0)

390

55

521 1,912 2,160

393

121

1

350 1,406

262 1,148

858

75

4
20
2
9

0)
0)

Mining
Manu- Other
Mining
Manu- Other 1955'
and Petro- factur- indusTotal and Petro- factur- industries
smelt- leum
ing
ing
tries
smelt- leum
ing
ing

701

76

Line

1956 P

95

159 2,811 3,134

365

5

20

Total

(0
8
0)

140

13
19
2
3
37 3261
4
29

1955'

95 1,139

0)
0)

Income

1956 v

1956 v

Mining
Mining
Manu- Other 1955'
Manu- Other
and Petro- factur- indus- total Total and Petro- factur- indussmelt- leum ing
tries
smelt- leum
ing
tries
ing
ing

779 1,838
SCO

Earnings

Undistributed subsidiary earnings

Net capital outflow

(3)

3

(33)

(3)

3
2
38
5

38

126

1

10

27

18
20

5
121

1

2
8

28
29

46

389

45

47

30

(22)
(2)

20
1
3
()

10
5
31

31
32
33

(22)

2

()

(2)
(22)
()

3

8
14
2

34
35
36

(2)
29
14

(2)
3
340

6
10
2

16
4
6

37
38
39

153
8

5
8
183
7

2

2

23

164

175

2

13
10

22
142

25
150

92

75

522

527

(22)
(2)

41
4
2

27
9
33

24
11
23

30
6
31

10

( )
(2)

(2)
(22)
()

4

13
37
4

12
15
4

10
14
5

(2)
32
21

(2)
9
351

10
18
3

35
7
7

24
38
372

22
46
362

()

()
2

(3)

2
5
78
1

3
4
48
6

2

()

( 67)

5
7
139
3

(3)

3

2

()

()

' Eevised.
v Preliminary.
1. Combined in "Other industries."
2 Less than $500,000.
3. Includes the purchase for $180 million from British owners of a petroleum company with
assets located in the West Indies, Canada, and the United Kingdom. The necessary adjustments have been made in the value table to show the investment in the countries where
the assets are located.
Source: U. S. Department of Commerce, Office of Business Economics.

»• Revised.
p Preliminary.
1. Income is the sum of dividends, interest, and branch profits; earnings is the sum of income and undistributed subsidiary earnings.
2. Combined with "Other industries."
3. Less than $500,000.

Within the broad category of manufacturing, the largest
increases in foreign investments in 1956 were in chemicals,
automotive products, and machinery, with each of these
commodity groups accounting for about 20 percent of the
total increase. Automotive investments were largest in
Canada and Western Europe, while investments in chemicalproducing facilities were outstanding in Latin America and
Canada.
Investments in foodstuffs, paper and pulp, fabricated
metals, and rubber products, each accounted for about 10
percent of the addition to manufacturing investments abroad
in 1956. This investment was more widely dispersed geographically, although the investment in pulp and paper was
concentrated in Canada, as was a large part of the invest-

ment in fabricated metals, which mainly represented facilities for the production of aluminum.

433989°—57
4



Other industries rise
Investments in mining and smelting enterprises abroad
were also rising in 1956, although the increase of about $180
million was not so great as in the 1952-53 expansion, when
very large projects were under construction. In 1956 the
principal additions to mining investments were in Canada,
where a wide range of metals and minerals is produced, in
copper properties in Chile and Peru, and in various metals
and minerals in Mexico and Africa. As in the case of petroleum, the renewal of sizable mining investments is primarily related to projected future demands. Very large ad-

SURVEY OF CURRENT BUSINESS

26

August 1957

million in short- and medium-term loans reported by American banks, about $150 million added to credits by exporters
and manufacturers, ;and net purchases of about $420 million
of foreign bonds and corporate stocks.
Credit extended by United States banks to foreign governments and private borrowers in foreign countries has
been mounting at a rapid rate since 1953. The total of
bank credits outstanding at the end of 1953 was $1.2 billion,
and by the end of 1956 it had risen to nearly $2.8 billion.
Further substantial increases were reported in the first half
of 1957. In many instances these credits have been a significant factor in alleviating temporary shortages of dollar
exchange. However, much of the outflow in 1956 was to
countries not experiencing foreign exchange difficulties
but rather offering higher yields than were available in the
United States.
Short-term bank credits expanded by nearly $400 million in
1956, as shown in table 5, with particularly large increases
in amounts outstanding for Canada, German}', Mexico,
Venezuela, and Japan. Medium-term bank credits rose
about $175 million, and included substantial loans to Canada r
Norway,
the United Kingdom, and Cuba. Direct credits
Canada leads other areas
by nonfinariclal concerns were extended to many countries,
notably Canada, Germany, Brazil, and Japan.
Nearly $1 billion was added to the book value of United
The combined total of banking and commercial credits
States direct investments in Canada in 1956, a jump of outstanding
at the end of 1956 was about $3.6 billion, of
$400 million over the 1955 addition. The major increase which $2.7 billion
had an original maturity of 1 year or less.
was in petroleum and manufacturing, but other industries
A
relatively
small
amount of other short-term assets, such
also gained. Although the 1956 volume of new investment
as
brokerage
balances,
was also held abroad. Over $1.5
was far higher than in any previous year, the developments
billion
of
these
credits
was
outstanding in Latin America at
which are in progress are expected to require a comparable
the
end
of
1956,
about
$1
billion in Western Europe, and
level of financing in 1957, and will continue to be important
$300
million
in
Canada.
in the continued rapid development of Canada's economy.
The other principal component of private capital outflows
Direct investments in Latin America rose by a record
is
the purchase of foreign securities. In 1956 foreign coun$800 million in 1956, compared with less than $400 million
tries
sold over $450 million of new issues of dollar bonds to
in 1955. Nearly half of the investment was in Venezuela,
largely in the petroleum industry but with growing investments in manufacturing, trade and service industries.
Annual Additions to U. S. Direct
Brazil also continued to attract a large share of United
States investments in Latin America, about $95 million
Investments Abroad, by Area
in 1956, and the increase in Mexico was nearly $70 million.
Manufacturing investments were most important in both
BILLIONS OF D O L L A R S
of these countries. Investments in Chile, Peru, Cuba, and
3.0 Panama rose by about $40-$50 million each.
Almost $500 million was added to direct investments in
Western Europe in 1956, primarily by petroleum and manuALL OTHER
facturing companies. The increase in the United Kingdom
2.5 was $175 million, over $90 million was invested in Germany,
and there were substantial increases in most other countries
of the area.
The increase of about $185 million in the Western EuroWESTERN
2.0 EUROPE
pean dependencies reflected primarily the acquisition from
British holders of a petroleum enterprise in the West Indies.
Middle East investments were up considerably in 1956, but
the increase was less rapid than in earlier postwar years.
In the Far East substantial additions were made to direct
1.5 investments in India, Indonesia, Japan, and the Philippines.
Investments in Australia increased by over $50 million
indicating the sustained interest of many United States7
companies, The Union of South Africa also continued to
1.0 receive a considerable amount of investment from the United
States in a number of industries. In Liberia the principal
increase in investments was in shipping operations, but
investments in other industries \vere also of some importance.
.5 ditional expenditures are being considered to increase copper
production in Latin America and elsewhere, to develop new
sources of iron ore and other metals in Canada, and to expand bauxite reserves and facilities for producing aluminum
in several countries.
United States public utility enterprises abroad noted some
improvement in their rate structure and operating conditions in 1956, especially in a few Latin American countries.
Consequently, additions to investments were double the
1955 rate, and were particularly large in Brazil.
Expansion of investments in a wide variety of trade and
service enterprises abroad was also notable in 1956, totaling
about $360 million. About $150 million of the increase was
in Canada, including about $50 million in insurance branches,
and large outflows to consumer finance organizations. In
Latin America the increase was over $90 million, with sizable investments in distribution facilities in Mexico, Venezuela, and Panama. Investments in these industries were
also substantial during the year in the United Kingdom,
Germany, Australia, and the Philippines.

Other Private Investments
United States financial institutions and other private
investors provided $1.1 billion of new capital to foreign
countries in 1956. This total includes an increase of $575



1948 49

50

51

52

53

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

54

55

56

August 1957

SURVEY OF CURRENT BUSINESS

United States investors. This was the highest amount for
a postwar year, except for 1951, and included about $380
million for Canada, and much smaller amounts for Australia
and Israel.
In the first half of 1957 new issues sold in the United
States totaled over $350 million, indicating that the intense
demand for capital abroad and the still relatively moderate
interest costs in the United States continued to be strong
factors in the capital markets. However, new issues were
still mainly for the account of Canada and the International
Bank, and in the case of Canada the sustained premium on
the Canadian dollar was a deterrent to Canadian borrowers.
Market values of outstanding dollar bonds, as shown in table
6, were somewhat depressed as world interest rates rose.
Amortizations of outstanding dollar bonds amounted to
about $170 million in 1956, mainly relating to Canadian
issues and an issue of the International Bank.
Net purchases of foreign corporate stocks by United
States investors were about $110 million in 1956, substantially less than in 1955. Purchases of Canadian stocks were
about $90 million, only slightly less than in the previous
year, but purchases of European issues were greatly reduced
in 1956, partly because of the Suez crisis, and amounted to
only about $20 million. The appreciation of the market
values of Canadian stocks in the year was partly offset by
reduced prices of European issues. Transactions in foreigncurrency bonds were relatively minor.
Outstanding United States Government credits and shortterm assets in foreign countries rose by nearly $600 million
in 1956, considerably more than in other recent years.
Over $500 million of the increase represented the growth of
holdings of foreign currencies or equivalent short-term claims
arising primarily out of the sale of agricultural commodities
under Government disposal programs. Gross disbursements of United States Government loans to foreign countries
rose to almost $500 million but were almost entirely offset
by large repayments. The Government also invested $35
million in the International Finance Corporation and increased its investments in certain producing facilities abroad.
Details of these Government transactions are given in the
Survey oj Current Business for April 1957.

27

Earnings of United States manufacturing companies
abroad increased 4 percent in 1956 and totaled about $860
million. There was a substantial increase in Canada,
where economic activity continued to rise, and small increases
occurred in Latin America. Elsewhere, however, the leveling
off of production and rising costs reduced manufacturing
earnings below the 1955 levels in many countries. The
reduction was especially large in the United Kingdom. A
somewhat larger proportion of manufacturing earnings was
reinvested than in 1955, but this was attributable almost
wholly to the Canadian enterprises, which were expanding
rapidly. In most other countries reinvested earnings of
manufacturing companies were lower.
Earnings of mining companies reached about $350 million
in 1956, a substantial gain over 1955 and much higher than
in earlier years. The gain was attributed largely to improved
prices for copper and other nonferrous metals, as well as
greater output of a variety of metals and minerals. Greater
earnings were experienced in all areas, with major gains in
Canada a;nd Chile, and in the Union of South Africa and
other African countries.
Increases in earnings of most other industries were
relatively minor, although generally earnings were above
those in any other postwar year. The principal exception
was a drop in agricultural earnings to about $65 million,
despite a relatively strong market for sugar. Lower
earnings of fruit-producing properties in Central America
and elsewhere were a major factor in the decline for this
industry.
On an area basis, the greatest increase in earnings of
direct investments was in Latin America, where the total
rose by $180 million from the 1955 amount to over $1 billion.
This gain reflected largely the higher petroleum and mining
earnings discussed above. Most of the rise was in Venezuela, but there were also sizable increases in a number of

Earnings of U. S. Investments Abroad
BILLIONS OF DOLLARS

4

Earnings of United States Investments
As indicated above, of the $3.4 billion earned by private
United States investments abroad in 1956, $3.1 billion was
accounted for by direct investments. The rate of increase
for direct-investment earnings was considerably lower than
in 1955, despite greatly increased investment activity,
partly because of developments in certain industries, as
discussed below. However, important factors tending to
hold down earnings were the still incomplete stage of certain
projects, mounting depreciation and amortization charges,
and charges against income for exploration and development
of natural resources which are estimated at roughly $300
million for 1956.
Earnings of petroleum companies were about $1.4 billion
in 1956, nearly $200 million more than in 1955. Almost
half of the gain was in Latin America, mainly in Venezuela,
reflecting an increase in output from 595 million barrels in
1955 to 665 million barrels in 1956, as well as some price
increase late in the year. On the other hand, Middle East
earnings were about the same as in 1955, reflecting the
reduction in output late in the year resulting from the Suez
crisis. Petroleum earnings in Canada increased, although
they were still small relative to the amount invested because
of continued large development expenditures. Earnings of
petroleum enterprises in Western Europe were also higher
than in the previous year.



3

-

2

-

PRIVATE DIVIDENDS, INTEREST,
AND BRANCH PROFITS^

I

—

19461 47

I 48

I 49

I 50

I 51 I 52 I 53

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

I 54

I 55

56
57 - 24 -7

SURVEY OF CURRENT BUSINESS

28

other countries in the area. Earnings in Canada improved
by a little over $100 million in 1956, with the largest gain in
manufacturing. In Western Europe 1956 earnings were
about the same as in the previous year, as higher petroleum
earnings were offset by a drop in manufacturing earnings.
For countries in the rest of the world, 1956 earnings were
generally close to the 1955 amounts.
Earnings of United States direct investment companies
abroad are derived from their sales in local foreign markets
and also to a considerable extent from their exports to the
United States. Part of the increases in their earnings in
1956, therefore, were connected with the rise in United
States imports. Of the overall increase of $1.3 billion in
United States merchandise imports in 1956, it is estimated
that about one-third represented larger imports from foreign
affiliates of United States companies. For some commodities showing large year-to-year gains, such as crude and
refined oil, copper, iron ore, aluminum, lead, and zinc, the
share of United States companies was substantially higher.
Income from other private investments abroad, mainly
interest on dollar bonds and dividends on portfolio holdings
of foreign stocks, rose by $45 million to about $300 million
in 1956, as shown in table 7. About half of this income is
derived from investments in Canada, and about $65 million
is from Western Europe. The 1956 increase reflected the
continued growth of United States holdings of foreign securities, as well as the general rise in interest rates on bonds
and other short- and long-term credits extended by United
States investors.
Earnings on foreign investments and assets in the United
States increased by about $100 million to $732 million in
1956. Earnings on foreign direct investments in the United
States and on foreign portfolio holdings of securities of
United States corporations each increased by about $20 million. The largest gain in foreign earnings resulted from enTable 5.—Banking and Commercial Claims on Foreigners, by
Selected Countries,! 1954-56
[Million of dollars]

Banking
claims
ComCommercial
mercial2 Total 2
Total 2 Total 2
Short Me- claims 2
Short Me- claims
term dium
term dium
term
term
Banking
claims

Countries

Total

660

616

3,515 1,942

831

742

734

744

423

104

217

1,013

201

245

30
125
82
19
56
250

29
30
110
58
113
171

16
12
88
9
78
109

2

11
18
20
4
20
59

49
39
190
97
106
215

8
28
1
18
157
3
23
71
88
104 ~~~57~

13
20
30
3
18
54

2,400

Western Europe, total...
Belgium
_
France
Germany
Norway
Turkey
United Kingdom
Canada
Latin America, total
Brazil
Colombia
Cuba
Mexico
Venezuela

Dec. 31, 1956

Dec. 31, 1955

Dec.
31, 1954

__ _.
_

Asia, total
Israel
Japan
Other Asia
All other countries, total-

2,825 1,549

2
45
15
3

567

175

258

144

16

98

304

157

38

109

1,094

1,306

703

410

193

1,549

836

477

236

400
137
121
161
88

314
172
209
206
173

69
143
92
154
105

208
10
101
24
46

37
19
16
28
22

339
176
232
284
213

72
145
90
213
144

208
12
120
42
40

59
19
22
29
29

300

407

233

101

73

511

334

77

100

38
139
123

42
149
216

10
103
120

25
30
46

7
16
50

42
198
271

16
167
151

16
3
58

10
28
62

97

110

46

29

35

138

48

38

52

1. Includes major categories of claims as reported to the Treasury Department regularly
by banks and commercial concerns, but does not include estimates for other types of claims
included in table 1 as short-term or "other" long-term private investments.
2. Not including medium-term commercial claims as follows: 1954, $102 million; 1955, $97
million; 1956, $120 million.
Source: Treasury Bulletin, March, June, and July, 1957.




August 1957

Table 6.—United States Holdings of Dollar Bonds of Specified
Countries, Market and Par Values, 1950, 1955, and 1956
[Millions of dollars, year-ends]
19,)0

Country

Total
Western Europe
Belgium
Germany.
Italy
Other.
Canada

_

Latin American Republics
Bolivia .. _
Brazil
Chile
Colombia
Other.

..

_

_

Other foreign countries
Australia
Israel
Japan
Other

.-

International Bank for Reconstruction and Development _ _ _ _ _ ...

195 6

19E 5

Market Par Market
Value Value Value

Market
Value

Value

1,693

2,049

2,660

2 851

2,863

3 151

85

234

193

240

184

232

19
10
56

18
104
33
79

35
96
31
31

35
112
47
46

33
97
28
26

34
112
45
41

1,106

1,065

1,489

1,466

1,710

1,763

159

336

150

274

135

260

5
46
29
28
51

38
75
66
54
103

6
36
25
24
59

38
48
53
39
96

5
31
24
21
54

38
43
52
37
90

117

189

352

393

414

457

87

95

20
10

41
53

91
213
36
12

93
213
34
53

99
267
36
12

103
267
34
53

226

225

476

478

420

439

Par

Par
Value

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

larged holdings of obligations of the United States Government and rising yields on these obligations.
Foreign Investments in the United States
Foreign investors have been adding to their long-term investments in the United States at an increasing rate since
1952, and in 1956 long-term capital inflows from abroad rose
sharply to a postwar high of about $540 million. Although
part of the 1956 inflow may have been spurred by unsettled
conditions in some countries, the recorded transactions indicate a fairly steady rate of investment throughout the year,
reflecting the attractiveness of investment opportunities in
the United States.
Net foreign purchases of publicly traded stock in United
States corporations reached a peak of over $250 million in
1956, about twice the amount purchased in the previous
year. Most of the transactions continued to be recorded
for British and Swiss accounts, as shown in table 8, although
these countries are not necessarily the countries of residence
of the actual purchasers. Canadian holders of United
States corporate stocks have been liquidating these investments in the past 2 years, however, in response to the strong
local demand for capital, and liquidations recorded for the
Netherlands may also have reflected similar conditions in
that country.
Rising market quotations resulted in a further increase
of about $130 million in the market value of foreign holdings
of corporate stocks. This was much less than the price gain
of over $1 billion in 1955. By the end of 1956 the aggregate
market value of foreign holdings of United States corporate
stocks reached about $7 billion, and foreign purchases were
continuing at a substantial rate in the early months of 1957.
Although foreign holdings of bonds of United States corporations and local governmental authorities are now much
smaller than holdings of corporate stocks, rising bond yields
in recent years have attracted substantial amounts of foreign
capital. In 1956 net foreign acquisitions of such bonds were
about $65 million, including nearly $50 million by European purchasers and about $10 million by international
institutions.

SURVEY OF CURRENT BUSINESS

August 1957

29

by $180 million of capital inflows and about $115 million of
undistributed profits of United States subsidiaries of foreign
parent companies.
Most of the capital inflow was from Canada, as Canadian
companies continued to build up their manufacturing facilities and distribution establishments here. European investments increased mainly out of reinvested earnings of established petroleum and other enterprises. The largest part
of the capital inflow from Europe represented additions to
the net assets of United States branches of foreign insurance
companies.

Large changes in the liquid dollar reserves of a few countries were responsible for much of the overall change in reserves in 1956. Canada gained about $400 million, mainly
in nonofficial accounts, reflecting the capital outflows described above. Venezuela's gain of nearly $200 million in
dollar holdings and a like amount in gold also was connected
with record capital inflows from the United States. German
dollar holdings increased by nearly $400 million, together
with an increase in gold holdings of about $575 million, but
these gains were primarily related to Germany's transactions
with countries other than the United States. A number of
other countries, including Italy, Brazil, and Japan, increased
their dollar holdings by sizable amounts.
Losses of reserves during the year were most striking for
France. French dollar holdings fell by $600 million in 1956,
and continued to decline in 1957 despite large drawings on
the International Monetary Fund. The United Kingdom's
position was also weakened, although changes in United
Kingdom dollar reserves reflect transactions of other countries in the sterling area. Dollar reserves of the United
Kingdom rose by nearly $400 million in 1956, but this was
largely a reflection of drawings of $562 million from the
International Monetary Fund, about $180 million realized
from the sale of a petroleum enterprise to United States
investors, and the sale of $100 million of gold to the United
States.
The $360 million decline in liquid dollar assets of international institutions shown in table 1 resulted primarily from
the large disbursement to the United Kingdom mentioned
above, offset by sales of $200 million of gold to the United
States by the International Monetary Fund. Further sales
of gold by the IMF were necessary in the first half of 1957
to meet large drawings of dollars by France, India, and
others.
Foreign holdings in the United States differ greatly in
their character and purpose from United States investments
in foreign countries. United States investments abroad are
very largely long term, or represent extensions of credit to
foreign borrowers seeking funds in the United States. By
contrast, about 60 percent of foreign assets here are not held
primarily for the income they produce, but rather as readily
available reserves required for the monetary systems of
foreign countries and to finance international payments.

Gains in reserves

Table 8.—Foreign Holdings of United States Corporate Stocks,
by Selected Countries, 1946-56

Foreign investments in foreign-controlled enterprises in
the United States rose by nearly $300 million in 1956, more
than in any previous postwar year. European investments
increased by $160 million and Canadian investments by
$130 million. The increase in investments was financed
Table 7.—Earnings on International Investments, by Type, 1950-56
[Millions of dollars]
1950

1951

1952

1953

1954

Earnings on United States investments
abroad, total
2,068 2,634 2,704 2,686 2,871
Direct investments, total
1,769 2,244 2,295 2,218 2,369
Dividends, interest, and branch
profits
1,294 1,492 1,419 1,442 1,724
Undistributed profits of subsid644
iaries
475
876
776
752
Portfolio investments ...
205
216
230
192
190
Interest on United States Government
credits
272
204
109
198
252
Earnings on foreign investments in the
United States, total
Direct investments, total
Dividends, interest, and branch
profits
Undistributed profits of subsidiaries-.
Portfolio investments
Interest on United States Government
obligations
r

1955

r

1956 v

3,343

3,632

2,811

3,134

1,912

2,160

898
258

974
304

274

194

478

481

472

571

544

631

732

281

255

234

306

300

320

341

148

129

152

185

175

191

227

138
166

126
179

82
174

121
179

125
185

129
217

114
237

31

47

64

86

59

94

154

Revised. » Preliminary.

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

Holdings of liquid dollar assets by foreign countries and
international institutions rose by $1.3 billion in 1956 to a
total of $18.3 billion, as shown in table 1. These holdings
include deposits in United States banks, other short-term
claims against banks and other private persons and businesses
in the United States, and United States Government longand short-term obligations, made up largely of Treasury
notes, certificates and bills. Approximately $11 billion of
the total was held for foreign official accounts and tha
international institutions.
The gain in liquid dollar assets was somewhat offset by
net sales of $280 million of gold to the United States in 1956.
Changes in the gold and dollar reserves of foreign countries
as a whole reflect partly the purchase of newly mined
gold,
but mainly transactions with the United States.2 These
transactions resulted in a continuous gain in foreign reserves
from early in 1952 through the third quarter of 1956, totaling
about $7% billion for the period. Beginning in the fourth
quarter of 1956, however, foreign reserves declined, partly
because of pressures connected with the Suez crisis, and the
declines continued in the early part of 1957.
2. See the Survey of Current Business for June 1957, p. 23 ft5.




[Market values; millions of dollars]
Value, year end

Change in 1956

Country

Price
change

2,440 3,400 5,004 6,325

256

130

6,711

2,350 3,485 4,468

231

91

4,79«

430
505
418
337

491
374
581
903 1,353 1,796
744 1,153 1,461
329
488
630

-10
118
75
48

12
36
29
14

583
1,950
1,565
692

1,068

1946

Total i
Western Europe l

1,690

Netherlands
Switzerland
United Kingdom
Other countries
Canada 1 —

_ _

Value
year end
1956*

Net foreign purchases

1953

1954

1955

460

650

910 1,066

-21

23

Latin American Republics 1

174

245

377

484

26

10

529

All other »

116

155

232

307

20

7

331

__ _

*> Preliminary.
1. Holdings by United States citizens resident abroad, approximately as given for 1941 in
the Treasury Census, TFR 300: Total, $250 million; Canada, $25 million; Latin America,
$40 million; Western Europe, $175 million; other countries, $10 million, are included in table 1
but are excluded from this table.
NOTE.—Data for individual countries are derived from reports which do not identify the
residence of beneficial owners. Thus, amounts reported for Switzerland may include securities purchased in the United States market through Swiss banks by residents of other countries.
Source: U. S. Department of Commerce, Office of Business Economics.

30

SURVEY OF CURRENT BUSINESS

Shifts in these international reserves are of critical importance for many countries, and very large changes have
taken place in the postwar years which can be reviewed
briefly in the context of the overall debtor-creditor position
of the United States.
In the 10 years from 1946 through 1956 the value of
foreign dollar assets and investments in the United States
doubled, rising from $15.9 billion to $31.6 billion. Nearly
$9K billion of the increase was in relatively liquid dollar
holdings, such as bank deposits or United States Government securities. Foreign gold reserves also rose by over
$4 billion, although net gold sales to the United States over
the 10-year period were about $1.4 billion. By the end of
1956, gold and liquid dollar resources of foreign countries
and their residents aggregated nearly $34 billion. Of this
total, $26% billion was held in official accounts and by the
international institutions, and thus was readily available
for monetary and other purposes.
These gains in monetary reserves have greatly facilitated
the growth of international transactions, especially by
making possible a gradual reduction in restrictions on
international payments. However, the uneven distribution
of gains in reserves has reduced the effectiveness of the
overall accumulation.
Of the total gain of $13.6 billion in gold and liquid dollar
reserves, countries in Western Europe accounted for over
$7% billion. Germany was by far the largest gainer, adding
$3.3 billion to reserves in the 10-year period. Italy added
nearly $1 billion and Swiss holdings were up by $0.7 billion,
not including the very substantial additions to holdings of
United States corporate securities. Holdings of other
countries of Western Europe were also generally higher

August 1957

than in 1946, but the increases were not commensurate
with the much greater increase in their international trade
and payments. Moreover, especially in the case of France
and the United Kingdom, very large dollar obligations to
the United States Government and others were incurred
in the period.
Canadian international reserves rose by $1.4 billion from
1946 through 1956, whereas other countries in the midst of
very rapid expansions of their domestic economies, with
attendant large deficits in their foreign trade balances, were
not able to add to their reserves. However, much of
Canada's expansion was financed by inflows of United
States and other foreign capital.
Reserves of the Latin American Republics increased by
only $0.8 billion in the period under review, and only
Venezuela and Mexico, with increases of $0.7 billion and
$0.3 billion, respectively, showed substantial improvement.
Argentina's reserves were down by $0.8 billion, mainly
reflecting losses in 1947, and other countries in the area made
little progress in their reserve positions. Few countries in
other areas made significant gains, with the exception of
Japan, which accumulated about $1 billion of liquid dollar
holdings.
A considerable gain in world reserves, however, resulted
from the net addition of $3 billion to the gold and dollar
holdings of the international institutions, largely reflecting
the capital subscribed by the United States Government and
bond sales to United States investors. The contribution
made by the International Monetary Fund to world liquidity
was especially evident in the period from November 1956 to
mid-July 1957, when dollar drawings by foreign countries
amounted to $1.3 billion.

National Income and Product in the Second Quarter
(Con tinned from page
in the first quarter also generally continued in the second,
though limited increases were reported for certain of the
nondurables groups.
The payroll effect of the decline in production worker
manhours associated with these developments was largely
offset by the further advances in hourly earnings which were
reported for all manufacturing groups. The uptrend in
total salary disbursements mentioned earlier also contributed
to the maintenance of total factory payrolls at approximately the same level reported for the two preceding quarters.
In contrast to manufacturing, data for most other branches
of private industry showed employment slightly higher in
the spring quarter. As in previous quarters, such gains in
employment contributed significantly to the overall expansion of nonmanufacturing payrolls.




Because data on hours of work and hourly earnings are
lacking for some of these industries, a comprehensive analysis
of payroll changes to distinguish the respective effects of
employment, hours, and average earnings is not possible.
Reports for trade, construction, mining, railroads, communications and other public utilities, however, permit the inference that higher hourly earnings continue as the preponderant
factor in payroll gains.
Total man-hours in nonmanufacturing industry as a whole
seem from these data to have been moderately higher in the
second quarter. This rise, which roughly offset the decline
indicated for manufacturing, occurred despite further cuts
in the length of the workweek. The downtrend in average
hours was apparently about as general in the second quarter
as in the first.

flew or Revised

STATISTICAL

SERIES

Wholesalers' Sales and Inventories
Estimates of wholesalers' sales and inventories have been
revised for the 1948-56 period. The accompanying
tables
show these revisions for the period 1951-56.1 These data
cover operations of merchant wholesalers, agents and
brokers, petroleum bulk stations, and assemblers of farm
products. The estimates are adjusted to conform to the
1954 Census of Wholesale Trade with 1948 data adjusted to
the scope of the 1954 census. As with the previously
published series, the census data have been modified to
remove the wholesaling establishments of manufacturers in
order to eliminate insofar as possible duplication with the
estimates of manufacturers' sales and inventories which are
based on company reports and which generally include the
data for such establishments.
The major change between the two censuses is the exclusion in 1954 of wholesale establishments with no paid employees—which accounted for 3 percent of total wholesalers'
sales in 1948. In order to attain comparability to the 1954
census, the 1948 data were adjusted so as to exclude these
establishments. As a result, the previously published estimates for the period prior to January 1948 are not strictly
comparable to the revised estimates for the subsequent
period.
The present revision utilizes, through 1955, the same
methods of estimation as those used in connection with the
previously published estimates. The only major change in
classification is that sales and inventories of iron and steel
1. Data for the earlier period are available upon request.

scrap and other waste materials dealers which were formerly
included in the nondurable-goods category are now allocated
to the durable-goods group.
Starting in January 1956 the Bureau of the Census has
been collecting sales and inventories from a probability
sample (which includes 17,000 firms or about 26,000 establishments) representative of all merchant wholesalers in the
country. These are used to estimate monthly dollar sales
for all merchant wholesalers by lines of trade. The data on
merchant wholesalers' inventories are available at this time
only in terms of relative monthly changes and ratios to sales.
Further information on the design of the probability sample
may be obtained from the Bureau of the Census.
Merchant wholesalers in 1954 accounted for 86 percent of
the sales of all wholesalers as here defined. The other 14
percent is accounted for by other types of wholesalers. In
the absence of adequate current information on these other
types of wholesalers, the estimates of merchant wholesalers'
sales and inventories are raised to cover all wholesalers by
their relationship to the total as shown in the 1954 census.
These are available only in overall totals and not by lines of
trade.
The sales estimates here presented are substantially higher
than those previously published. In inventories, the revisions resulted in lower estimates for the period 1948-54 and
higher estimates, by about the same magnitude, for the
1954-56 period.

Revisions of Manufacturers' Sales., Orders and Inventories
The monthly estimates of manufacturers' sales, orders and inventories, compiled by the Office of
Business Economics, have been revised back to January 1953. The figures appearing on pages S-3
and S-4 of this magazine represent the revised data and are not comparable with those published in
earlier issues. Historical data for the revised series on sales, new and unfilled orders, and total inventories will appear in the 1957 Business Statistics Supplement to the SURVEY OF CURRENT BUSINESS.
The figures on inventories classified by stage of fabrication will be published in the September issue of
the SURVEY. Tables of the revised data may be obtained upon request to the Office of Business
Economics.
The current revision results from the usual biennial adjustment. The revised series incorporate
newly available benchmark data from the Internal Revenue Service Statistics of Income compilations
for 1953 and 1954. The previous revision was made in 1955 and was described in the May and June
issues of the SURVEY OF CURRENT BUSINESS for that year.
The new figures are within 1 percent of the earlier estimates for each of the years 1953,1954, and
1955. Sales and new orders for 1956 are each one-half percent higher than the previously published
aggregates. End-of-1956 inventories are up nearly 2 percent and unfilled orders 3 percent over first
estimates. These differences reflect not only the inclusion of new Statistics of Income benchmarks
but also the effects of the enlarged samples of monthly and annual data.




SURVEY OF CURRENT BUSINESS

32

AugTist 1957

Total Manufacturing and Trade Sales and Inventories and Wholesale Trade Sales and Inventories, 1951-56 1
[Billions of dollars]

Year and month

(Adjusted for seasonal variation)
Sales

Sales

1951:

Wholesale trade 2

Total manufacturing and trade 2
(Adjusted for seasonal variation)

Inventories

Total

(Unadjusted for seasonal variation)

Inventories

Durable

Nondurable

Total

Sales

Durable

Nondurable

Total

Inventories

Durable

Nondurable

Total

Durable

Nondurable

January
February
March
April
_ .
May
June
. .. .
July
August
..
-_.
September
October
_ _ _ _ _ _
_
November
December
._
_ __

46.7
45.8
45.4
44.4
45.0
44.2
43.6
44.4
43.8
44.7
44.9
43.8

65.3
66.7
68.4
70.2
71.6
71.9
72.5
73.3
73.2
73.4
73.5
73.8

10.2
9.9
9.5
9.4
9.4
9.2
9.1
9.2
9.2
9.2
9.2
9.2

3.8
3.5
3.5
3.4
3.2
3.1
3.0
3.2
3.2
3.2
3.3
3.1

6.3
6. 3
6.0
6.0
6.2
6.1
6.1
6.1
6.0
6.0
6.0
6.0

9.3
9.6
9.7
10.0
10.2
10.1
10.1
9.9
9.9
9.8
9.7
9.7

4.4
4.4
4.6
4.7
4.9
5.0
5.1
5.0
5.0
4.9
4.8
4.8

4.9
5.1
5.1
5.3
5.3
5.1
5.0
4.9
4.9
4.9
4.8
4.9

9.9
8.9
9.6
9.1
9.6
9.1
8.8
9.8
9.3
10.2
9.5
8.8

3.5
3.2
3.5
3.4
3.3
3.2
2.9
3.4
3.3
3.6
3.3
3.0

6.4
5.7
6.0
5.7
6.2
5.9
5.8
6.5
5.9
6.6
6.2
5.8

9.4
9.6
9.9
10.1
10.1
10.0
9.9
9.8
9.8
9.8
9.8
9.6

4.4
4.5
4.8
5.0
5.1
5.1
5.1
4.9
4.8
4.7
4.7
4.6

5.0
5.1
5.1
5.1
5.0
4.9
4.9
4.9
5.0
5.1
5.1
5.0

January
February..
March
April
May
June - .-.
July
August
. _ _
...
September
October
_ _.
November
December
_
_ _
1953:
January .
February
___
March
April
May
June...
July
August
. ___ .
. _September
October. . __ ._
November
December
.1954:
January
_ ._ _
.
February
March
_
_ _ ..
April
May .
June
July . _
August
September
October
November
December
1955:
January
February.
.
March
April .
May
June
July
August
September
October...
._ _
November
December
1956:
January
February
March
. .
April
May
June
. -. .
July
August
September
October
N o vember
December

44.3
45.0
44.2
45.1
45.4
45.0
44.3
45.1
47.2
48.4
47.6
48.5

74.4
74.4
74.5
74.2
73.8
73.3
72.9
73.0
73.8
74.5
74.9
75.4

9.2
9.3
9.1
9.3
9.4
9.4
9.5
9.6
9.9
9.9
9.6
9.8

3.1
3.3
3.2
3.2
3.2
3.1
3.1
3.2
3.4
3.5
3.4
3.5

6.0
6.1
6.0
6.1
6.1
6.2
6.3
6.4
6.5
6.5
6.2
6. 3

9.7
9.5
9.6
9.5
9.4
9.5
9.6
9.7
9.7
9.8
9.9
10.0

4.9
4.8
4.8
4.8
4.7
4.7
4.6
4.7
4.7
4.7
4.8
4.9

4.8
4.8
4.8
4.7
4.7
4.8
5.0
5.0
5.0
5.1
5.1
5.1

9.0
8.8
9.0
9.1
9.0
9.4
10.1
9.7
10.2
10.8
9.6
9.9

2.9
3.0
3.1
3.3
3.2
3.1
3.2
3.3
3.6
3.9
3.4
3.5

6.2
5.9
5.9
5.8
5.8
6.3
6.9
6.5
6.6
6.9
6.2
6.5

9.8
9.6
9.7
9.6
9.4
9.4
9.4
9.5
9.7
9.9
10.1
9.9

4.8
4.8
5.0
5.0
4.9
4.8
4.6
4.6
4.6
4.6
4.6
4.7

4.9
4.8
4.8
4.6
4.5
4.6
4.8
4.9
5.1
5.4
5.4
5.2

47.8
48.7
48.9
49.0
48.7
48.9
50.2
48.5
48.5
47.8
46.9
46.6

75.4
75.8
76.4
77.2
77.8
78.0
78.8
79.4
79.6
79.2
78.8
78.6

9.4
9.7
9.8
9.9
9.8
9.8
10.0
9.9
10.0
9.6
9.6
9.7

3.3
3.6
3.5
3.6
3.4
3.4
3.4
3.5
3.4
3.3
3.4
3.4

6.0
6.2
6.3
6.3
6.3
6.4
6.5
6.5
6.5
6.3
6.3
6.3

10.0
10.1
10.2
10.2
10.3
10.4
10.5
10.6
10.6
10.6
10.6
10.5

4.9
5.1
5.2
5.1
5.1
5.1
5.3
5.3
5.3
5.3
5.2
5.1

5.0
5.0
5.0
5.1
5.1
5.3
5.3
5.3
5.3
5.3
5.3
5.3

8.8
8.7
9.8
9.7
9.4
10.2
10.6
9.9
10.4
10.5
9.8
9.8

3.0
3.2
3.5
3.6
3.4
3.5
3.5
3.5
3.7
3.7
3.4
3.3

5.8
5.5
6.3
6.1
6.0
6.7
7.1
6.4
6.7
6.8
6.4
6.5

10.0
10.2
10.3
10.3
10.2
10.2
10.3
10.4
10.6
10.8
10.8
10.3

4.9
5.1
5.3
5.4
5.3
5.2
5.2
5.3
5.2
5.2
5.1
4.9

5.1
5.1
5.0
4.9
4.9
5.0
5.1
5.2
5.4
5.6
5.7
5.4

46.6
47.0
46.8
47.7
46.7
47.3
47.7
47.0
46.9
46.4
48.2
49.6

78.2
77.9
77.6
77.3
77.2
76.7
75.8
75.6
75.4
75.2
75.6
75.5

9.5
9.8
9.6
9.8
9.7
9.6
9.7
9.5
9.6
9.7
10.1
10.2

3.2
3.3
3.2
3.2
3.3
3.3
3.4
3.3
3.4
3.4
3.6
3.6

6.4
6.5
6.4
6.6
6.4
6.3
6.3
6.2
6.2
6.3
6.5
6.6

10.5
10.6
10.5
10.5
10.6
10.4
10.3
10.2
10.3
10.3
10.3
10.4

5.1
5.1
5.0
5.1
5.1
5.1
5.0
5.0
5.1
5.1
5.1
5.1

5.4
5.5
5.5
5.5
5.5
5.4
5.2
5.2
5.2
5.2
5.2
5.3

8.6
8.7
9.9
9.7
9.2
9.8
9.4
9.7
10.1
10.2
10.5
10.8

2.7
2.9
3.3
3.3
3.1
3.4
3.3
3.4
3.6
3.6
3.6
3.6

5.9
5.8
6.7
6.4
6.1
6.4
6.1
6.3
6.5
6.6
6.9
7.1

10.5
10.7
10.6
10.5
10.5
10.2
10.1
10.1
10.3
10.5
10.6
10.3

5.0
5.1
5.2
5.2
5.2
5.1
5.0
5.0
5.0
5.0
5.0
4.9

5.5
5.6
5.5
5.3
5.2
5.1
5.1
5.1
5.2
5.4
5.6
5.4

49.9
49.7
51.1
51.3
52.1
52.3
52.9
52.6
53.5
53.2
54.1
54.3

75.8
76.0
76.4
76.6
77.2
77.8
78.4
79.1
79.2
80.4
80.9
81.7

10.2
10.1
10.4
10.5
10.6
10.7
10.7
10.6
10.6
10.8
11.1
11.2

3.7
3.7
3.8
3.8
4.0
4.0
4.1
4.1
4.2
4.2
4.3
4.4

6.5
6.4
6.6
6.7
6.6
6.7
6.6
6.4
6.5
6.6
6.8
6.8

10.5
10.5
10.6
10.6
10.7
10.9
11.0
11.0
11.1
11.4
11.4
11.4

5.1
5.1
5.2
5.2
5.3
5.4
5.4
5.5
5.6
5.6
5.7
5.8

5.4
5.4
5.4
5.4
5.4
5.5
5.5
5.5
5.5
5.7
5.7
5.6

9.4
9.4
10.8
10.2
10.3
10.7
10.1
11.2
11.2
11.4
11.6
11.2

3.3
3.3
3.9
3.8
3.9
4.1
3.9
4.4
4.4
4.5
4.4
4.3

6.1
6.0
6.9
6.3
6.4
6.6
6.3
6.8
6.8
6.9
7.2
6.9

10.5
10.6
10.7
10.6
10.6
10.6
10.8
10.9
11.1
11.6
11.7
11.3

5.0
5.2
5.3
5.4
5.4
5.5
5.4
5.5
5.5
5.6
5.6
5.6

5.6
5.5
5.4
5.2
5.1
5.2
5.3
5.4
5.6
6.0
6.1
5.7

54.3
54.0
53.3
53.9
54.7
54.5
53.9
55.0
54.2
55.9
56.3
57.0

82.5
83.5
83.7
84.5
85.3
85.6
86.2
86.6
86.9
87.8
88.5
89.1

11.2
11.1
10.8
11.0
11.4
11.3
11.2
11.3
11.1
11.4
11.6
11.8

4.5
4.5
4.3
4.4
4.5
4.5
4.3
4.3
4.2
4.3
4.4
4.4

6.8
6.6
6.5
6.6
6.8
6.8
6.9
6.9
7.0
7.1
7.2
7.4

11.6
11.7
11.9
12.0
12.1
12.2
12.3
12.5
12.6
12.7
12.8
13.0

5.9
6.0
6.1
6.1
6,1
6:2
6.2
6.3
6.4
6.4
6.5
6.6

5.7
5.8
5.8
5.9
6.0
6.0
6.1
6.2
6.2
6.3
6.3
6.4

10.3
10.5
10.9
10.6
11.5
11.3
10.7
12.0
11.2
12.8
12.0
11.4

4.0
4.1
4.4
4.3
4.7
4.6
4.2
4.6
4.3
4.9
4.5
4.2

6.3
6.4
6.5
6.2
6.9
6.7
6.5
7.4
6.9
8.0
7.5
7.2

11.6
11.8
12.0
12.1
12.0
12.0
12.1
12.3
12.6
13.0
13.2
12.9

5.8
6.0
6.2
6.3
6.3
6.3
6.2
6.2
6.3
6.4
6.4
6.3

5.8
5.8
5.8
5.7
5.7
5.7
5.9
6.1
6.3
6.6
6.8
6.6

1952:

1. Included in these series are revised data for manufacturing beginning in 1953, for wholesale beginning in 1948 and for retail sales beginning in 1951. For a description of the retail sales
revision, see SURVEY OF CURRENT BUSINESS, June 1957. Kevised data for prior years and a description of comparability of the series are available upon request.
2. Detail may not add to totals due to rounding.
Source: U. S. Department of Commerce, Office of Business Economics.




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

1957

1956

July

June

DecemAugust Septem- October November
ber

January

February

March

April

May

June

July

GENERAL BUSINESS INDICATORS
NATIONAL INCOME AND PRODUCT
Seasonally adjusted quarterly totals at annual rates :t
National income total
bil of dol
Compensation of employees total
Wages and salaries, total
Private
Military
Government civilian
Supplements to wages and salaries

do
do
do
do
do
do

Proprietors' and rental income, totalcT
do
Business and pro fessionalc?
_ __
do
Farm
do
Rental income of persons
do
Corporate profits and inventory valuation adjustment, total
bil. of dol
Corporate profits before tax, total
do
Corporate profits tax liability
do
Corporate profits after tax
do
Inventory valuation adjustment
do
Net interest
do

340 6

344 5

353 3

355 1

240 0
226.1
188 4
9.7
27 9
13.9

242 7
228 3
190 1
97
28 5
14 4

247 9
233 3
194 7
97
28 9
14 6

251 1
235.9
196 8
9.6
29 4
15.3

253 6
238 2
198 8
9.7
29 7
15.4

49.7
28.0
11.5
10 3

50.0
28.2
11 5
10 4

50. 7
28.3
12 0
10 4

50.3
28.4
11.5
10 4

50.7
28.7
11.7
10 4

39.1
42.4
21.6
20.7
-3.2
11.7

39.8
40 8
20.8
19 9
-1.0
12 0

42.4
45 6
23.3
22 3
12 3

41.2
43.9
22.4
21.5
-2.7
12.5

-1.3
12.7

o n

do

410.8

416.7

426 0

429.1

434.3

Personal consumption expenditures, total
Durable goods_.
Nondurable goods
Services
-

do
do
do
do

265.0
33.3
132 7
99.0

268 6
33.0
134 4
101.1

272 3
34.8
135 3
102 2

276.7
35.9
137 3
103.4

278 9
35.0
139 1
104.9

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

do
do
do
do

65.3
33 6
27.2
46

65.5
33 2
29.0
33

68
33
29
5

62.7
32 8
30.7
— 8

65.0
32 7
30.5
17

Gross national product total

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

1.2

2 4

20

79.3
46 4
41 6
32 9

80
47
42
33

5
4
9
1

82
49
44
33

6
3
7
3

4.1

3.5

8
0
2
9

85.6
50 3
45.5
35 3

86.9
51 1
46.3
35 8

Personal income, total
Less: Personal tax and nontax payments
Equals: Disposable personal income

-

do
do
do

325 3
39.5
285 8

328 7
39 8
288 8

334 5
40.5
294 0

337 7
42.2
295 5

342 4
42.9
299.5

Personal saving§

__do

20.8

20.3

21.7

18.9

20.6

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

bil. of dol- ,

326.8

325.6

329.3

331.1

334.1

334.9

334.8

335.9

337.9

339.5

340.6

342.9

'344.8

345.5

do
do
do
do
do

227.3
98.1
60.3
31.0
37 9

225.7
96.3
60.2
31.2
38 0

228.8
98.6
60.5
31 5
38 2

230.4
99.6
60.9
31.5
38 4

231.8
100.8
60.8
31 8
38 4

233.1
101.2
61.4
31.9
38 6

235.3
102.7
61.6
32.2
38 8

234.5
101.4
62.0
32.2
38 9

235. 9
102.0
62.4
32.4
39 1

237.2
102.3
63.0
32.6
39 3

237.1
102.4
62.7
32.9
39 1

238.3
102.4
63.4
33.0
39 5

' 240. 1
' 103. 3
'63.8
'33.2
' 39 8

240.9
103.3
64.2
33.4
40.0

75
49.7
29.5
18 5

75
49.9
29.7
18 5

76
50.1
29.9
18 7

76
49.9
30.1
18 8

77
51.3
30.2
18 9

77
50.7
30.4
18 9

7 7
50.2
28.5
19 0

7 7
50.2
30.7
19 5

78
50.4
30.8
19 7

78
50.4
30.9
20 0

78
50.6
31.0
20.8

7.8
50.8
31.2
21.6

79
'50.9
31.2
21.5

7 9
51.0
31.3
21.2

5.7

5.7

5.8

5.7

5.8

5.9

5.9

6.7

6.7

6.8

6.7

6.8

6.8

6.8

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

330.1
319.3
325.3
327.5 '329.3
Total nonagricultural income
do
319.6
320.7
322.7
312. 0 i 310.7
314.1
316.1
324.5
317.7
'Revised.
tRevised series. Estimates of national income and product and personal income have been further revised back to 1954 (all revisions—beginning with 1952—appear on pp. 5 fl. of the July
1957 issue of the SURVEY); for data prior to 1952, see the 1954 NATIONAL INCOME SUPPLEMENT or the 1955 edition of BUSINESS STATISTICS.
cflncludes inventory valuation adjustment.
9 Government sales are not deducted.
§Personal saving is excess of disposable income over personal consumption expenditures shown as a component of gross national product above.

43398&0—57-




S-l

SUEVEY OF CUEEENT BUSINESS

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

August 1957

1956

June

July

1957

DecemAugust SeptemOctober November
ber
ber

January

February

March

April

May

June

July

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

8,880

8,901

9,838

8,282

* 9, 868

Manufacturing
Durable-goods industries
Nondurable-goods industries

do
do
do

3,734
1,862
1,872

3, 834
1, 960
1,874

4,428
2,339
2,089

3,505

4,421

1 759
1,746

2,253
2,168

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

do
do
do
do
do

319
325
423
1,199
2,880

314
277
443
1,308

2,725

346
332
450
1,452

2,830

300
342
358
1,205

2,572

324
408
468
1,639

2,608

mil. of dol

_

Seasonally adjusted quarterly totals at annual rates :cf
All industries
bil. of dol
Manufacturing
Durable-goods industries
Nondurable-goods industries

_

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

34.49

35.87

36.46

36.89

*37 33

do
do
do

14.65
7.38
7.27

15.78
8.20
7 58

15.81
8.21
7.60

16.12
8.09
8.03

16 84
8.66
8.18

do
do
do _
do
do

1.28
1.22
1.63
4.61
11.10

1 26
1.20
1.79
5.08
10.76

1.28
1.23
1.76
5.27
11.11

1 35
1.42
1.52
5 72
10 76

1 27
1.42
1.78
5 98
10 04

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

' 2, 153

' 2, 407

' 2, 674

' 3, 103

' 2, 139 ' 2, 369 ' 2, 631 '3,066
'838 ' 1, 058 ' 1, 239 ' 1, 669
' 1, 301 '1,311 ' 1, 392 ' 1, 397
'387
'408
'370
'354
'653
'745
'618
'756
'251
'247
'260
'269

' 3, 988

' 3, 425

' 2, 789 ' 2, 615

'2,049

' 1, 909 ' 1, 950

2,057

' 1, 928
'557
1. 371
393
711
231

2,036

' 77
'54
96

79
52
101

84
53
108

' 3, 816 ' 3, 335 ' 2, 749 ' 2, 571 ' 2, 018 ' 1, 880
'802
' 2, 193 ' 1, 891 ' 1, 441 ' 1, 187
'576
1,304
444 ' 1, 308 1,384 '1.216
' 1. 623 ' 1,
r
'367
'373
'352
355
363
398
'649
'645
'766
'931
'627
'771
'271
'215
'308
229
'208
301

566
1,470
433
759
232

'88
'78
'96

'97
'98
'96

'108
'115
'102

'126
' 155
'103

'157
'204
119

'137
'176
'106

'113
'134
'96

'105
'110
102

'83
'75
'89

'99
'70
'122

112
'98
'122

'123
117
'128

'143
'163
'129

'182
'219
'155

' 158
'182
' 140

'127
'134
'122

'120
'113
126

'97
'78
'111

'90
'52
'118

90
46
123

96
49
132

v 2, 070

P747

v 1, 323
"654

"85

"97
9 118

INDUSTRIAL PRODUCTION
Federal Reserve Index of Physical Volume
Unadjusted, combined index
Manufactures.. _. .
Durable manufactures
Primary metals 9 -- - Steel
Primary nonferrous metals

_
-_

Metal fabricating (incl. ordnance)
Fabricated metal products.. .
Machinery
Nonelectrical machinery.- _.
Electrical machinery
Transportation equipment 9 - Autos
Trucks
Aircraft and parts
.
Instruments and related products
Furniture and
fixtures
Lumber and products
Stone, clay, and glass products _
Miscellaneous manufactures
Nondurable manufactures
Food and beverage manufactures.
Food manufactures 9
Meat products
__ _
Bakery products
- Beverages
Alcoholic beverages
Tobacco manufactures
Textile-mill products 9
Cotton and synthetic fabrics
Wool textiles

141

128

142

146

151

147

144

145

148

148

144

143

'145

"135

do
do
do
_ do
do

142
156
140
146
168

129
139
62
24
156

143
155
118
119
135

148
161
145
158
159

153
168
149
162
"170

149
166
146
159
169

146
166
142
158
170

146
164
146
160
170

149
167
149
160
167

150
166
144
154
166

146
163
140
147
175

144
159
'135
142
171

'146
'161
'136
140
167

"137
9 152
"119

do
do
do
do
do

166
132
167
152
195

160
124
158
148
178

167
135
168
147
209

172
144
177
155
220

180
145
182
153
237

181
138
178
152
227

183
139
178
158
217

181
136
175
158
208

185
138
177
160
210

184
138
177
161
208

179
140
169
157
194

174
136
166
154
189

175
'139
'168
'153
'197

"167

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

188
127
123
531
163
118
129
163
141

185
127
99
536
162
115
116
156
135

186
109
101
555
167
123
135
164
145

181
59
98
570
171
125
133
157
150

202
105
103
582
173
127
130
165
154

218
164
102
601
174
122
117
161
150

225
177
101
619
175
125
104
156
145

224
174
98
624
173
118
104
148
136

231
178
113
630
174
119
112
151
137

228
171
109
633
174
119
112
153
139

222
155
120
630
174
117
117
155
'137

213
144
113
'608
171
115
118
'159
137

'213
156
118
605
'170
'118
'131
'159
'139

do
_- do
do
do
- do
do
- do
do
do
do _
do

128
114
110
122
100
128
119
115
100
99
90

119
114
111
118
100
123
107
96
86
87
76

131
122
123
116
99
118
101
115
103
104
92

134
130
134
129
100
116
106
111
102
101
87

137
127
129
142
101
120
118
115
109
113
94

132
117
119
148
100
110
109
111
105
109
86

125
106
108
138
99
98
93
87
99
104
78

128
101
104
139
95
90
86
110
101
108
74

131
103
104
133
96
97
93
114
105
111
81

133
105
104
131
96
110
105
111
106
111
79

128
104
102
123
98
110
102
104
99
103
78

129
107
104
124
99
119
107
115
100
106
'81

130
115
110
120
103

1947-49=100

" 146
"184

"134

"114
"111
"154
"121

100
103
87

126
113
116
118
'112
119
101
108
108
95
110
108
109
Apparel and allied products
do
102
115
95
104
104
115
100
90
108
100
106
'98
103
Leather and products
_.
do _ _ .
145
157
162
163
161
169
163
160
144
161
163
161
158
Paper and allied products
do
162
158
159
142
159
160
152
143
159
160
161
155
157
Pulp and paper
do __
145
144
139
142
136
144
139
143
142
133
134
129
' 140
"136
Printing and publishing
do
184
182
184
181
172
166
184
186
186
181
177
173
180
Chemicals and allied products
_ do
199
205
206
207
199
192
198
182
206
188
192
'206
202
Industrial chemicalsdo
145
143
139
145
148
145
140
137
139
142
142
132
'141
"137
Petroleum and coal products
do
154
152
149
146
158
160
145
151
151
149
148
148
149
Petroleum refining
do
129
148
147
132
144
148
105
135
'133
127
135
123
132
Rubber products
do
c
'1 Revised.
" Preliminary.
Corrected.
Estimates based on anticipated capital expenditures of business; those for the 3d quarter of 1957 appear on p. 3 of the June 1957 issue of the SURVEY.
cf Historical data (annual totals, 1939 and 1945-55; quarterly, unadj. and seasonally adj. at annual rates, 1947-55) appear on pp. 6 and 7 of the June 1956 SURVEY.
9 Includes data not shown separately.
^Revised series. Annual estimates for 1910-50 appear on p. 19 of the March 1957 SURVEY; estimates for 1951-56 have been further revised— revisions for 1954-56 are based largely 01i information provided by the 1954 Census of Agriculture. Monthly data for January-May 1956, together with a brief description of the current revision, appear in the July 1957 issue cf the Fann Income
Situation, No. 164; those for 1954 and 1955 will be available later. Indexes of cash receipts and volume of marketings have been revised to reflect adoption of the 1947-49=100 base peri 3d; for the
volume index, also wider coverage and use of new price weights. The revised indexes of volume of marketings (annuals, 1910-50; monthly, 1947-50) appear on p. 20 of the April 1957 SURVEY.
Unpublished indexes of cash receipts and physical volume (prior to June 1956) will be shown later.




SURVEY OF CUREENT BUSINESS

August 1957

S-3

1956

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

June

July

1957

DecemAugust Septem- October November
ber

January

February

March

April

May

June

July

GENERAL BUSINESS INDICATORS—Continued
INDUSTRIAL PRODUCTION— Continued
Federal Reserve Index of Physical Volume — Con.
Unadjusted index— Continued
Minerals
1947-49=100
Coal
-. do
Crude oil and natural gas
do
Metal mining
_
_. _.
do
Stone and earth minerals
do

131

84
148
144
149

119
62
149
73
147

131
87
150
121
149

132
90
147
142
151

132
93
147
142
150

130
90
149
114
144

129
83
155
94
138

130
85
157
91
128

131
87
157
98
129

130
88
155
95
133

130
84
154
111
137

'131
83
'152
135
'145

133
88
'149
' 151
'148

"124
p66
P 145
v 142
P150

do

141

136

143

144

146

146

147

146

146

145

143

143

'144

v 144

do
..do
do

142
157
136

138
148
69

144
158
125

146
162
148

147
163
147

147
165
146

149
167
145

147
164
144

148
164
143

147
162
137

145
160
134

145
159
'132

'146
'162
'132

v 146
P 162
"134

Metal fabricating Cincl. ordnance)
Fabricated metal products.
Machinery J
Nonelectrical machinery J
Electrical machinery \

do
_ _ __do
do
_ do
do

168
132
170
151
208

169
130
173
154
210

172
134
175
157
211

174
139
175
158
210

176
140
175
156
211

180
139
175
155
214

183
141
177
157
216

180
137
173
154
208

180
138
172
155
204

179
137
172
155
204

176
140
166
151
196

175
136
168
152
199

'177
' 139
'171
151
'210

v 178
v 142
P 174
p 153
P217

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

do
- . _ . do
do
__ do
___do
do

188
163
122
123
161
144

189
167
123
127
161
145

191
171
122
130
160
145

193
171
122
126
154
146

203
172
122
120
157
146

216
172
119
119
157
144

223
173
120
117
158
144

221
173
118
114
155
140

224
174
118
113
155
136

222
173
118
111
155
137

217
172
121
113
155
' 140

'213
171
121
115
'159
139

'213
'170
122
' 125
'158
'142

P208
p 173
P122
P 121
p 159
^142

128
111
106
100
112
101

128
112
106
100
112
102

130
114
105
102
112
102

130
114
106
103
113
102

131
113
106
105
117
101

129
114
109
103
108
104

130
114
107
103
110
102

131
111
112
100
109
102

131
113
116
101
110
106

131
113
111
101
111
107

129
110
109
99
109
106

130
' 111
112
98
113
'102

130
111

P 130
p 111

161
135
175
140
120

162
136
176
132
125

161
138
176
139
135

159
137
177
143
132

160
140
177
140
134

160
139
177
143
126

157
140
179
145
137

159
141
184
147
145

157
141
183
143
145

157
141
182
141
142

156
141
183
142
131

'158
142
185
'142
'130

159
'141
182
' 140
128

129
85
149
113
143

123
75
152
60
142

130
85
154
103
140

131
86
151
123
143

131
85
151
132
141

130
87
149
128
142

130
80
153
127
141

130
81
153
120
142

132
87
154
122
142

132
93
151
121
143

130
88
150
118
140

' 130
84
' 152
113
'142

' 129
'86
' 149
'119
'142

p 127
P83
P147
P 116
P144

Seasonally adjusted, combined index
Manufactures
Durable manufactures-.Primary metals

Nondurable manufactures J .
„ . _. __do
Food and beverage manufactures.
do __
Tobacco manufactures
__ do
Textile-mill products
do
Apparel and allied products
do
Leather and products
do
Paper and allied products
Printing and publishing
Chemicals and allied products % __
Petroleum and coal products
Rubber products
.
Minerals
Coal
Crude oil and natural gas _
Metal mining
Stone and earth minerals

do
do
do
do
_ „ __do
_

do
do
do
do __
- do

100
113
104

P142
P 137

CONSUMER DURABLES OUTPUT
Unadjusted, total output

124

116

120

113

128

139

141

137

143

142

130

124

' 131

P116

do
do
do
do
do
do
do__.

130
127
134
111
143
174
109

121
127
117
104
125
130
106

122
109
136
116
121
238
115

111
59
158
122
158
265
118

132
105
158
122
142
312
118

151
164
141
117
122
270
112

154
177
137
118
128
217
110

149
174
129
113
125
188
110

157
178
140
116
144
201
112

155
171
143
116
151
196
111

140
155
128
113
131
159
107

131
144
122
108
125
153
106

140
156
' 129
110
131
180
108

P121
P 134

do

123

127

127

123

123

132

141

137

138

134

124

124

'129

*129

do
do
do
do
do
do
- do

128
120
138
114
134
218
110

135
122
148
117
152
227
111

132
124
141
117
136
231
114

127
106
148
118
149
232
113

129
117
142
115
136
237
110

143
152
136
114
130
218
109

154
168
143
115
144
218
113

147
169
130
114
128
181
114

149
167
134
113
137
189
114

144
159
132
113
133
185
111

131
141
124
114
119
167
'109

'131
139
126
112
119
186
108

137
144
'133
113
123
226
108

P137
P 134

1947-49=100..

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

.

Seasonally adjusted, total output J
Major consumer durables \
Autos
Major household goods t Furniture and floor coverings
Appliances and heaters t
Radio and television sets
Other consumer durables

-- -

P105

p 110

BUSINESS SALES AND INVENTORIES § f
Manufacturing and trade sales (seas, adj.), totalcf
bil. of dol

••54.5

'53.9

'55.0

'54.2

'55.9

'56.3

'57.0

'57.9

'57.4

'56.2

'56.4

'56.8

56.6

Manufacturing, total
.
Durable-goods industries
Nondurable-goods industries

do .
do
do

••27.4
'13.6
'13.8

'26.8
'13.0
'13.8

'27.6
'13.7
'13.9

'27.1
'13.4
'13.7

'28.7
'14.4
'14.3

'28.5
'14.3
'14.2

'28.8
'14.5
'14.3

'30.0
'14.9
'15.0

'29.5
'14.8
'14.7

'28.4
'14.2
'14.2

'28.7
' 14.3
' 14.4

'28.6
'14.3
'14.3

28.4
14.2
14.2

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

do
do
do

••11.3
'4.5
'6.8

'11.2
'4.3
'6.9

'11.3
'4.3
'6.9

'11.1
'4.2
'7.0

'11.4
'4.3
'7.1

'11.6
'4.4
'7.2

'11.8
'4.4
'7.4

'11.6
'4.6
'7.1

'11.5
'4.4
'7.1

'11.4
'4.4
'7.1

'11.3
'4.2
'7.1

' 11.5
'4.3
'7.2

11.4
4.3
7.1

15.9
5.5
10.4

15.9
5.5
10.4

16.1
5.5
10.6

15.9
5.3
10.5

15.9
5.5
10.4

16.2
5.7
10.5

16.3
5.8
10.5

16.3
5.7
10.6

16.4
5.7
10.6

16.3
5.7
10.6

'16.4
5.6
10.7

'16.6
'5.8
'10.9

16.8
5.8
11.0

Retail trade, total
Durable-goods stores
Nondurable-goods stores

do
do
. do .

.

Manufacturing and trade inventories, book value, end
of month (seas. adj.\ total
bil of dol
Manufacturing, total
Durable-goods industries
Nondurable-goods industries
Wholesale trade, total
Durable-goods establishments
Nondurable-goods establishments .

do
__ - do
do
__

do
.do
do

'85.6

'86.2

' 86. 6

'86.9

'87.8

*88.5

'89.1

'89.3

'89.6

'89.9

'90.1

'90.6

90.8

'49.6
'28.8
'20.9

'50.0
'29.0
'21.0

'50.4
'29.1
'21.3

'50.8
'29.5
'21.4

'51.8
'30.2
'21.5

* 52. 2
'30.6
'21.6

'52.3
'30.7
'21.6

'52.4
'30.6
'21.8

'52.9
'31.0
'22.0

'53.3
'31.2
'22.1

'53.7
'31.5
'22.2

'53.9
'31.6
'22.3

54.0
31.6
22.4

'12.2
• '6.2
'6.0

'12.3
'6.2
'6.1

'12.5
' 6. 3
'6.2

'12.6
'6.4
'6.2

'12.7
'6.4
'6.3

'12.8
'6.5
'6.3

'13.0
'6.6
'6.4

'12.9
'6.5
'6.3

'12.8
'6.5
'6.3

' 12.8
'6.5
'6.3

'12.8
'6.5
'6.3

'12.7
'6.5
'6.2

12.7
6.6
6.1

24.1
23.8
23.4
23.8
23.3
Retail trade, total
do
23.7
23.9
23.9
23.7
23.7
23.9
23.5
24.0
10.2
10.8
10.7
Durable-goods stores
do
10.5
10.6
10.8
10.8
10.7
10.7
10.4
10.7
10.8
10.1
13.2
13.1
13.1
13.3
Nondurable-eoods stores
_._do
13.3
13.2
13.2
13.1
13.0
13.2
13.2
13.2
13.1
' Revised.
*> Preliminary.
^Scattered revisions for 1955 will be shown later.
§Tbe term "business" here includes only manufacturing and trade. Business inventories as shown on p. S-l cover data for all types of producers, both farm and nonfarm. Unadjusted
•data for manufacturing are shown on p. S-4; those for retail and wholesale trade on pp. S-9, S-10, and S-ll.
fRevised series. To incorporate adjustments to new benchmarks, new samples, or changes in classifications, data have been revised as follows: Manufacturing sales, inventories, and
orders, back to January 1953 (see August 1957 Industry Survey for back data); wholesale trade sales and inventories, back to January 1948 (seep. 32 of this issue of the SURVEY for back
data); retail sales, back to January 1951 (see p. 28 of the June 1957 SURVEY for back data).




S-4

SURVEY OF CUERENT BUSINESS

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

August 1957

1956

June

July

1957

DecemOctober NovemAugust September
ber
ber

January

February

March

April

May

June

GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS
Sales, value (unadjusted), totalf
Durable-goods industries, total
.Primary metal
Fabricated metal
_
Machinery (including electrical)
Transportation equipment (including
vehicles)
Lumber and furniture
_
Stone clay and glass
Other durable-goods industries
_-

mil. of dol
__ _ do _
do
_ _ do _
do
motor
mil. of doLdo
do
do

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

' 12, 907
' 4, 038
'354
'952
'818
' 1, 716
' 2, 543
'464
' 2, 022

' 14, 525 ' 14, 127
' 4, 339 ' 4, 323
'374
'325
' 1, 212 ' 1, 215
'855
'929
' 1, 946 ' 1, 987
' 2, 711 ' 2, 558
'473
'440
' 2, 541 ' 2, 424

' 27, 354 ' 26, 825 ' 27, 588 ' 27, 146
' 13, 587 ' 13, 021 ' 13, 723 ' 13, 449
' 2, 311 ' 1, 431 ' 2, 144 ' 2, 334
' 1, 550 ' 1, 438 ' 1, 503 ' 1, 440
' 3, 939 ' 4, 146 ' 4, 143 ' 4, 058

' 13, 865
' 4, 182
'328
' 1, 128
'891
' 1, 931
' 2, 671
'467
' 2, 267

' 20, 774 ' 20, 948
4,436 ' 4, 564
1,809 ' 1, 762
2,630 ' 2, 610
' 1, 289
1,253
3,434 ' 3, 457
3,003 ' 3, 126
'994
1,040
' 3, 146
3,169

'8.1
'2.9
'9.9

'8.1
'2.9
'9.7

Inventories, end of monthrf
Book value (seas, adj.), total..
mil. of doL ' 49, 625
Durable-goods industries, total
do- -- ' 28, 760
3, 551
Primary metal
do
2,939
Fabricated metal
do
9,838
Machinery (including electrical)
do
Transportation equipment (including motor
7,082
vehicles)
mil. of dol 1,866
Lumber and furniture
do
1,129
Stone, clav, and glass
, _
do- 2, 355
Other durable-goods industries
do
By stages of fabrication:
'8.1
Purchased materials
bil. of dol
'12.0
Goods in process
_ .
__do
'8.7
Finished goods
do

' 21, 160 ' 21, 326
' 4, 790 ' 4, 988
' 1, 801 ' 1, 814
' 2, 582 ' 2, 577
' 1, 304 ' 1, 307
' 3, 438 ' 3, 414
' 3, 183 ' 3, 264
'984
'996
' 3, 078 ' 2, 966

' 50, 037
' 29, 004
' 3, 529
' 2, 899
' 9, 978
'
'
'
'

7, 186
1, 882
1, 142
2, 388

'8.2
'12.1
'8.7

' 50, 378
' 29, 120
' 3, 632
' 2, 938
' 10, 008
'
'
'
'

7, 141
1, 880
1, 135
2, 386

'8.2
'12.2
'8.8

'
'
'
'

3,190
1,021
747
1,114

'15,015 ' 14, 726 ' 14, 228 ' 14, 425 ' 14, 321

14, 168
4,241
378
1,021
875
2,014
2,818

7, 573
1, 816
1, 079
2, 333

' 51, 965
' 30, 346
' 4, 031
' 3, 062
' 10, 309

' 14, 320
'4, 278
'372
' 1, 147
'868
' 1, 936
' 2, 786
'474
' 2, 459

'8.7
'12.7
'8.9

7, 280
1, 870
1, 129
2, 394

'8.2
'12.3
'8.9

'
'
'
'

7, 552
1, 892
1, 148
2, 395

'8.5
'12.6
'9.1

7, 714
1, 895
1, 168
2, 418

'8.6
'12.9
'9.1

21, 519 ' 21, 563
4,809 ' 4, 814
1,875 ' 1, 895
2,676 ' 2, 674
1,328
' 1, 338
3,558 ' 3, 582
3,204 ' 3, 188
1,044
' 1, 035
3,025 ' 3, 037

'8.6
'3.0
'10.0

'8.6
'2.9
'10.1

7, 803
1, 869
1, 179
2, 402

' 4, 447
'371
' 1, 252
'875
' 1, 930
' 2, 960
'495
' 2, 396

7, 630
1, 869
1, 171
2, 423

'8.7
'12.8
'9.2

'
'
'
'

7, 632
1, 839
1, 156
2, 429

'8.6
'12.8
'9.2

'8.6
'3.0
'10.2

' 4, 322
'358
' 1, 073
'919
' 1, 894
' 2, 028
490
' 2, 341

'
'
'
'

7, 951
1, 945
1, 233
2, 509

'
'
'
'

8, 124
1, 922
1, 257
2, 565

'8.9
'3.0
'10.2

7, 738
1, 865
1, 170
2, 433

'8.9
'3.0
'10.2

'
'
'
'

7, 825
1, 914
1, 174
2, 482

' 7, 969
' 1, 904
' 1, 265

2,340

'
'
'
'

8, 016
1, 890
1, 209
2, 502

'8.7
'12.9
'9.3

'8.7
'13.0
'9.4

'8.6
'13.4
'9.4

' 21, 957
' 4, 867
' 2, 030
' 2, 694
' 1, 398
' 3, 643
' 3, 197
' 1, 036
' 3, 092

' 22, 149
' 4, 872
' 2, 024
' 2, 692
' 1, 426
' 3, 676
' 3, 255
' 1, 030
' 3, 174

' 22, 201
' 4, 876
' 2, 054
' 2, 628
' 1, 439
' 3, 730
' 3, 267
' 1, 031
' 3, 176

'8.7
'3.0
'10.3

'8.7
'3.0
'10.4

'8.7
'3.0
'10.6

1,877
1,265

2,594

'8.4
'13.5
'10.0

'8.6
13.3
10.0

' 22, 112
22, 335
' 4, 504 4,518
' 2, 027
1,977
' 2, 720 2,715
' 1, 453 1,455
' 3, 716 3,735
' 3, 346 3,506
' 1, 065
' 3, 281 3,374

'8.8
'3.0
'10.3
' 53, 663
' 31, 462
' 4, 114
' 3, 222
' 10, 509

7,979

'2,599

'8.3
'13.6
'9.8

'8.5
'13.3
'9.7

' 22, 124 ' 22, 158 ' 22, 049
' 4, 902 ' 4, 754 ' 4, 622
' 2, 132 ' 2, 105 ' 2, 075
' 2, 736 ' 2, 748 ' 2, 698
' 1, 412 ' 1, 455 ' 1, 453
' 3, 701 ' 3, 725 ' 3, 750
' 3, 101 ' 3, 157 ' 3, 202
' 1, 057 ' 1, 071 ' 1, 062
'3,083 ' 3, 143 ' 3, 187

'
'
'
'

' 4, 340
'352
' 1, 079
'907
' 1, 996
' 2, 959
'481
' 2, 207

' 53, 670 ' 53, 827 ' 53, 985 54, 214
' 31, 512 ' 31, 778 ' 31, 873 31, 879
' 4, 018 ' 3, 962 ' 4, 053 4, 052
' 3, 242 ' 3, 286 ' 3, 272 3,348
' 10, 614 ' 10, 662 ' 10, 811 10, 764

' 52, 434 ' 52, 918 ' 53, 334
' 30, 631 ' 30, 961 ' 31, 185
' 3, 962 ' 4, 071 ' 4, 102
' 3, 169 ' 3, 230 ' 3, 210
' 10, 444 ' 10, 454 ' 10, 478

' 21, 635 ' 21, 803
' 4, 799 ' 4, 820
' 1, 884 ' 2, 010
' 2, 713 ' 2, 766
' 1, 349 ' 1, 362
' 3, 594 ' 3, 593
' 3, 249 ' 3, 133
' 1, 039 ' 1, 047
' 3, 008 ' 3, 072

'8.5
'3.0
'10.1

7, 878
1, 889
1, 217
2, 446

' 4, 333
'349
' 1, 144
'858
' 1, 908
' 2, 928
'476
' 2, 232

'8.6
'13.1
'9.5

'8.9
'3.0
' 10.2

'8.9
'2.9
' 10.2

'
'
'
'

'
'
'
'

'8.6
' 12.9
'9.3

21, 924 ' 22, 106
5,061 ' 5, 001
' 2, 131
1,959
2,663 ' 2, 739
1,362 ' 1, 362
3,633 ' 3, 648
3,249 ' 3, 102
1 , 049 ' 1, 057
2,948 ' 3, 066

'8.6
'2.9
'10.2

'
'
'
'

'
'
'
'

'8.9
' 12.7
'9.0

' 21, 412 ' 21, 619 '
' 5, 017 5,111
' 1, 856 1,895
' 2, 562 2,582
1,325
' 1, 301
' 3, 487 3,539
3,252
' 3, 300
1,014
' 1, 002
' 2, 887 2,901

'8.4
'2.9
'10.1

' 4, 558
'363
' 1, 174
'942
' 1, 996
' 3, 241
'496
' 2, 245

' 52, 515 ' 52, 941 ' 53, 320
' 30, 591 ' 30, 835 ' 31, 196
' 4, 119 ' 4, 068 ' 4, 077
' 3, 056 ' 3, 106 ' 3, 165
' 10, 316 ' 10, 408 ' 10, 524

' 7, 659 ' 7, 714
' 1, 843 ' 1, 855
'1,110 ' 1, 159
' 2, 332 ' 2, 372

'8.5
'12.6
'8.7

Nondurable-goods industries, total
mil. of dol._ ' 20, 865 ' 21, 033 ' 21, 258 ' 21, 391 '
Food and beverage
_ __ do_- . ' 4, 753 ' 4, 731 ' 4, 768 '4,831
' 1, 884 ' 1, 855 ' 1, 896 ' 1, 870
Tobacco
do
' 2, 554 ' 2, 575 ' 2, 608 ' 2, 648
Textile
_ _ do
' 1, 253 '1,289
' 1, 317 ' 1, 320
Paper
_
do
' 3, 384 ' 3, 468 ' 3, 475 ' 3, 504
Chemical
do
' 3, 033 ' 3, 095 ' 3, 121 ' 3, 169
Petroleum and coal
do
' 1, 010 '1,014
' 1, 047 ' 1, 038
Rubber.
...
do
' 2, 994 ' 3, 006 ' 3, 026 ' 3, Oil
Other nondurable-goods industries _ -do
By stages of fabrication:
'8.3
'8.3
'8.4
'8.4
Purchased materials
bil. of dol..
'2.9
'2.9
'2.9
'2.9
Goods in process
.
. __ do
'9.6
'9.8
'10.0
'9.9
Finished goods
do
'Revised.
tRevised series. See corresponding no be on p. S -3.




' 3, 234 ' 3, 530 ' 3, 570 ' 3, 620 ' 3, 406 ' 3, 240 ' 3, 276
'952
'989
' 1, 019 ' 1, 014 ' 1, 039 ' 1, 053
'978
'741
'751
'766
'747
'707
'746
'747
' 1, 093 ' 1, 115 ' 1, 051 ' 1, 053 ' 1, 032 ' 1, 094 ' 1, 116

' 50, 842 ' 51, 751 ' 52, 210 ' 52, 295
' 29, 451 ' 30, 232 ' 30, 647 ' 30, 660
' 3, 687 ' 3, 824 ' 3, 891 ' 3, 975
' 3, 002 ' 3, 127 ' 3, 157 ' 3, 183
' 10, 089 ' 10, 294 ' 10, 404 ' 10, 409
'
'
'
'

3,150
976
769
1,123

' 28, 617 28, 350
' 14, 296 14, 182
' 2, 263 2,271
' 1, 562 1,527
' 4, 354 4,312

' 51, 262
' 29, 850
' 3, 913
' 3, 002
' 10, 134

' 14, 782
' 4, 347
'321
' 1, 163
'901
' 2, 055
' 3, 045
'495
' 2, 455

' 3, 489 ' 3, 496
'995
'975
'728
'799
' 1, 078 ' 1, 128

' 28, 696 ' 28, 480 ' 28, 846 ' 29, 956 ' 29, 534 ' 28, 426 ' 28, 679
' 14, 393 ' 14, 294 ' 14, 526 ' 14, 941 ' 14, 808 ' 14, 198 ' 14, 254
' 2, 551 ' 2, 531 ' 2, 462 ' 2, 594 ' 2, 453 ' 2, 389 ' 2, 357
' 1, 548 ' 1, 487 ' 1, 418 ' 1, 594 ' 1, 573 ' 1, 514 ' 1, 625
' 4, 230 ' 4, 189 ' 4, 241 ' 4, 342 ' 4, 290 ' 4, 158 ' 4, 242

'8.2
'2.9
'10.2

'8.1
'2.9
'10.1

' 3, 590
' 1, 010
'740
' 1, 065

' 14, 283 13, 931
' 4, 394 4,352
'387
378
' 1, 031
981
'916
893
' 2, 100
2,004
' 2, 900 2,818
'486
' 2, 069
2,000

' 13, 697 ' 14, 303 ' 14, 186
' 4, 109 ' 4, 280 ' 4, 240
'329
'337
'350
' 1, 125 ' 1, 172 ' 1, 109
'859
'895
'888
' 1, 875 ' 1, 979 ' 1, 940
' 2, 629 ' 2, 727 ' 2, 763
'462
'461
'477
' 2, 310 ' 2, 423 ' 2, 447

Inventories, end of month :f
' 50, 071 ' 49, 850 ' 49, 882 ' 50, 480
Book value (unadjusted), total.-..do
' 29, 297 ' 28, 902 ' 28, 722 ' 29, 154
Durable-goods industries, total
do
' 3, 455 ' 3, 490 ' 3, 620 ' 3, 761
Primary metal
do
' 3, 145 ' 2, 986 ' 2, 938 ' 2, 942
Fabricated metal
do
Machinery (including electrical)
do_ _. ' 10, 108 ' 9, 981 ' 9, 913 ' 9, 975
Transportation equipment (including motor
vehicles)
mil. of dol. _ ' 7, 126 ' 7, 007 ' 6, 902 ' 7, 195
' 1, 898 ' 1, 895 ' 1, 862 ' 1, 827
Lumber and furniture
do
' 1, 140 ' 1, 142 ' 1, 112 ' 1, 084
Stone, clay, and glass
-_
_ -do
' 2, 425 ' 2, 401 ' 2, 375 ' 2, 370
Other durable-goods industries
do
By stages of fabrication:
'8.4
'8.4
'8.4
'8.3
Purchased materials
bil. of dol_ _
'11.9
'11.9
'12.3
'12.1
Goods in process
do
'8.6
'8.5
'8.5
'8.8
Finished goods
do

' 13, 698 ' 14, 565 ' 13, 894
' 4, 088 ' 4, 260 ' 4, 077
'338
'312
'343
' 1, 072 ' 1, 143 ' 1, 131
'923
'840
'816
' 1, 780 ' 2, 002 ' 1, 853
' 3, 037 ' 3, 273 ' 2, 871
'491
'461
'460
' 2, 101 ' 2, 135 ' 2, 350

' 29, 815 ' 29, 010 ' 29, 116
28.493
' 15, 033 ' 14, 768 ' 14, 833 14, 562
' 2, 592 ' 2, 481 ' 2, 425 2,440
' 1, 551 ' 1, 642 ' 1, 585
1,588
' 4, 485 ' 4, 355 ' 4, 425
4,516

' 14, 242
' 4, 196
'347
' 1, 030
'928
' 2, 005
' 2, 907
'500
' 2, 329

' 15, 323 ' 14, 296
' 4, 605 ' 4, 264
'356
'371
' 1, 391 ' 1, 192
'895
'959
' 2, 043 ' 1, 865
' 2, 711 ' 2, 799
'442
'507
' 2, 736 ' 2, 483

' 2, 852 ' 2, 910 ' 2, 912 ' 2, 696 ' 3, 067
' 1, 111 ' 1, 184 ' 1, 150 ' 1, 122 ' 1, 065
'746
'729
'776
'751
'727
' 1, 095 ' 1, 166 ' 1, 120 ' 1, 072 ' 1, 156

do. . ' 13, 767 ' 13, 804
' 4, 107 ' 4, 080
do
'321
'351
do
' 1, 157 ' 1, 151
do
'899
'894
do
' 1, 861 ' 1, 887
_ -do
' 2, 634 ' 2, 646
do
'472
'468
do
' 2, 321 ' 2, 322
do

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

' 27, 869
' 13, 975
' 2, 374
' 1, 438
' 4, 171

' 2, 974 ' 2, 715 ' 2, 741 ' 2, 260 ' 2, 816 ' 3, 445 ' 3, 699 ' 3, 611 ' 3, 467
' 1, 154 ' 1, 028 ' 1, 241 ' 1, 197 ' 1, 180 ' 1, 039
'941
'989
'895
'705
'754
'779
'646
'628
'913
'848
'626
'767
' 1, 143 '1,015 ' 1, 198 ' 1, 143 ' 1, 313 ' 1, 123 ' 1, 036 ' 1, 000
'956

__ . do . ' 13, 774
' 4, 238
do
'335
_ __do
' 1, 156
do
'911
do
' 1, 872
do
' 2, 629
do
'497
do
' 2, 136
-do

Sales value (seas, adj.), totalt
do
Durable-goods industries , total
_
do
Primary metal
._do
Fabricated metal
do
Machinery (including electrical)
do
Transportation equipment (including motor
vehicles)
mil. of dol..
Lumber and furniture
_
_ do
Stone clay and glass
do
Other durable-goods industries
do
Nondurable-goods industries, total
Food and beverage
Tobacco
Textile
Paper
.
Chemical
. . __ _
Petroleum and coal
Rubber
Other nondurable-goods industries

' 28, 180 ' 24, 339 ' 28, 221 ' 27, 478 ' 30, 286 ' 28, 771 ' 28, 070 ' 28, 928
' 14, 406 ' 11, 432 ' 13, 696 ' 13, 351 ' 14, 963 ' 14, 475 ' 14, 372 ' 14, 363
' 2, 614 ' 1, 075 ' 2, 055 ' 2, 389 ' 2, 660 ' 2, 521 ' 2, 394 ' 2, 574
' 1, 561 ' 1, 302 ' 1, 614 ' 1, 514 ' 1, 710 ' 1, 508 ' 1, 332 ' 1, 463
' 4, 181 ' 3, 592 ' 3, 999 ' 4, 081 ' 4, 371 ' 4, 085 ' 4, 390 ' 4, 080

'8.7
'3.0
'10.4

8.8
3.0
10.5

' 53, 909 54,001
' 31, 566 31, 553
' 4, 192
4,215
' 3, 146
3,144
' 10, 624 10, 621
'
'
'
'

7, 975
1, 865
1, 240
2, 524

'8.5
'13.4
'9.6

7,958

1,845
1,252
2,518
8.4
13.4
9.8

' 22, 343 22, 448
' 4, 869 4,877
' 2, 047
2,059
' 2, 625 2,636
' 1, 453 1,455
' 3, 729 3,683
' 3, 380 3,531
' 1, 024
' 3, 216 3,183

'8.9
'2.9
'10.5

9.0
3.0
10.4

July

SUEVEY OF CURRENT BUSINESS

August 1.957

S-5

1956

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

June

July

1957

DecemOctober NovemAugust September
ber
ber

January

February

March

April

May

June

July

GENERAL BUSINESS INDICATORS—Continued
MANUFACTURERS' SALES, INVENTORIES,
AND ORDERS— Continued
New orders net (unadjusted), totalO
mil. of dol ' 29, 048 rr 26, 136 r 29 897 r 27, 038
Durable-goods industries, total
- do_ . ' 15, 214 r13, 155 r 15, 470 ' 13, 007
' 2, 247 r 1, 903
2 441
2,140
Primary metal
do
r
1, 462
1, 348
1,640
1,600
Fabricated metal
__do
r
r
4, 723
4, 072
4,019
Machinery (including electrical)
do
4 176
Transportation equipment (including motor ve- r
r
3, 706
2, 943
3 888
2,375
hicles)
mil. of dol
r
r
2, 889
3, 076
3,325
2,873
Other durable-goods industries
do _
r

12, 981
3, 010
9, 971

r

r
27, 700
New orders, net (seas, adjusted), totalOdo .._ r 27, 734
' 14, 093 •• r14, 087
Durable-goods industries, total
do
2,335
2, 193
Primary metal
_ __ do _ _
>•r 1, 390
1,523
Fabricated metal
do
4,305
4, 289
Machinery (including electrical)
__ do_ _
Transportation equipment (including motor ver
3,000
3, 237
hicles)
mil. of dol
2,930
' 2, 978
Other durable-goods industries
do

r
r

Non'durable-goods industries, total
Industries with unfilled orders 9
Industries without unfilled ord erst

do
do _ _
- do

-

r

13, 834
3,419
10, 415

r
r

14, 427
3, 321
11, 106

r

31, 078
17 342
rr 2, 460
1, 491
>• 4, 360

r
r

r
r

r
r

r
r

r

r

26, 767 rr 28, 769
13, 042
14 312
2, 341
2,511
1, 524
1,481
4, 104
4,585

r
r

r
r

3, 050

2, 284
2, 789

Unfilled orders, end of month (unadj.), totalO - _ d o _ _ _ rr 60, 583
57, 334
Durable-goods industries, total
do
r
6, 239
Primary metal
do
' 4, 566
Fabricated metal _
_ _ _ _ _ do
r 19, 257
Machinery (including electrical)
do
Transportation equipment (including motor vehicles)
mil. of dol r r22, 040
5, 232
Other industries, including ordnance
do. _
Nondurable-goods industries, total 9

do__ .

62, 380 ' 64, 056 'r 63, 616 *r 62, 784
59, 057 r 60, 831
60, 487
59, 649
r 7, 067 rT 7, 453 rr 7, 204 rr 6, 993
M,612
4,
724
4,
638
4, 554
r
19, 737 r 19, 914 T 19, 852 r 19, 888
22, 268
5, 373

r

r

23, 415
5, 411

r

' 3, 249 ' 3, 323

r

11, 952

11, 513

1,105
93
163
183
551
115

r

23, 530
5, 177

r

r

r

23, 234
' 4, 980

r
r

13 771
' 3, 108
10, 663

4,184
2 892
r

14 196
3, 279
10, 917

r

r
r

63, 441
60, 319
7 086
4, 400
20 169

r
T

23, 708
4, 956

r

r

r

r

r
r

r

r
T

14, 391
3, 126
11, 265

r

r

28, 927
14 176
2, 345
1 468
*• 4, 246

r
r

r
r

r
3
r

r
r

14 545
3, 231

11, 314

r
r

3 181
2, 845

14 680
3, 284
11 396
28, 066
13 853
2,330
1 398
4,205

r

r

14 213
3, 188
11, 025

14, 324
3, 341
10, 983

r

r

27, 940

13 234
2, 197
T
1 500
r
3, 850
r

T

181
2, 743

r

r

14 025
3,108
10 917

'r 28, 433
14 115
2,136
1 689
4,321

27, 138
13 127
2,289
1 549
4 152

3,198
2 771

2,405
2 732

14 706
3, 554
11, 152

14 318
3, 191
11, 127

14 Oil
2,932
11, 079

r

r

r
r

2 457
2 869

14, 379
3, 233
11, 146

r
r

2, 968

p

63, 194
60, 341
7 149
4, 497
20 195

r
T

61, 857 'r 61, 069
58, 038
58 922
r 5 771 r 6 597
r
r
4
355
4, 408
r
19 931 r 19 642

60, 177
57, 052
6 360
4, 307
19 686

24 425 »• r23 915 r r23 506
4, 878
4, 994
4 964

r

21 945
4,754

r

r

3, 122

' 3, 195

r

63, 718
60 763
r 7 144
M
510
r
20 230

r
r

r
r
r

22 953
4 912

r

11, 339

9,583

11, 546

9,749

10, 788

13, 387

10, 791

11,815

12, 078

1,018

1,101

932

1,158

999

982

1 148

1 146

1 336

1 175

87
141
165
540
85

95
146
195
567
98

72
146
140
489
85

82
182
198
584
112

86
171
166
482
94

83
183
172
472
72

71
177
197
612
91

93
180
199
568
106

99
205
239
672
121

43, 013

48, 689

55, 040

39, 313

50 004

39 886

50 279

54 060

65 406

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

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

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

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

3,629
11, 145
17, 345
12, 368
5,517

1,854
11, 099
11,714
11, 476
3,743

3,780
8,149
21, 785
10, 946
5,619

4,086
10, 672
16, 105
17, 862
5,335

2,493
8,440
33, 402
14, 780
6,291

r

r
3
r

r 2 719

r

3, 135

28 328
27 601
13, 949
13, S76
2 251
2 203
'r 1, 638 1,487
4 560
4 136
r

2 936
2, 719

3, 129

3, 225

r
r

r
r

r

r

27 673
13, 349
2 103
1, 500
4 091

r
r
r

3,236
2 684

r
r

r
r

r
r

099
2 778

64, 210 r 64, 047
61, 015 r r61, 026
7 144
7 023
4, 526 ' 4, 487
20 083 r 20 213
24, 584
4, 678

28, 647
14 102
2 403
1 554
4, 268

*•r 3, 282
2 835
r

r

r

r
r
r

r

r

r
r

13 828
3, 166
10 662

r
r

29 291
14, 611
2 597
1, 538
4 450

r
r
r

r
r

14 751
3, 158
11, 593

14 462
3, 378
11, 084

r
r

2 957
2 611

r

r

27 540
13 712
2 495
1,461
4 188

3 452
2, 835

T
T

T
r
r

r
r

T
T

28 765
14, 374
2 453
1, 424
4 210

r
r
r

3,843
2 713

r
r

r
T

4 575
2 279

29, 972 rr 29, 005
15 776
14 543
2,372
2,508
1 472
1 488
4,127
4,720

2,619
3,116

r
r

r

14, 283
3, 345
10, 938

r
r

r
T
r

r 5, 981
r

r
r

3 919
2,892

r
T

29 428 rr 28 839
15, 145 r15, 068
2 614 r 2 452
1,354
1, 458
4 366 r 4 304

2, 520
3, 209

r
r 13, 641
13, 613 r 13, 736 r 13, 725 r 14, 457
do _
do_ __ ' 3, 225 r r 3, 168 r 3, 163 r r 3, 270 * 3, 521
10, 445 ' 10, 573 10, 455 * 10, 936
do___ '10,416

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

T
r

15, 329
3, 768
11, 561

14, 031
3, 237
10, 794

r
r

29 454
14, 125
2 449
1, 540
4, 407

r
r
r

3, 021

r

2 955

r

2, 853

r

2, 935

r

22 638
4, 753

r

r

3, 031

3,125

BUSINESS INCORPORATIONS rf
New incorporations (48 States)..

__ number.

11, 986

11, 154

INDUSTRIAL AND COMMERCIAL FAILURES cf
Failures, total

number

Commercial service
Construction
Manufacturing and mining
Retail trade
Wholesale trade

do
do
do
do
- do

Liabilities (current), total

thous. of dol

Commercial service
Construction
Manufacturing and miningRetail trade
Wholesale trade _ _ _.

do ...
do
__ __ __ _ _ _ d o _ _ „
do_ _ _
__
_ _ .-do

1 084

1 059

118
172
190
580
115

82
181
205
600
132

93
164
179
553
95

81
153
181
570
74

55 833

57 103

52 552

51 454

44 299

3,833
10 424
17, 760
17 816
6,000

3,878
9 090
16, 286
15 994
11, 855

4
10
14
15
6

728
820
888
686
430

3,551
10 066
12 966
17 715
7,156

5 024
7 629
14 039
12 715
4,892

1 200

COMMODITY PRICES
PRICES RECEIVED AND PAID BY FARMERS
Prices received, all farm products J
Crops _
Commercial vegetables, fresh market
Cotton
Feed grains and hay
Food grains
_ _
Fruit
Oil-bearing crops _.
Potatoes§ . ._
Tobacco
Livestock and products
Dairy products
__
Meat animals
Poultry and eggs
Wool

1910-14= 100__
_.

_

. __

245

243

236

236

234

234

235

238

234

238

242

243

244

do_ __
do
do
do
do

261

290
273
192
219

255

233

233

231

263
274
194
216

204
263
197
218

181
275
196
222

237

237

234

208
270
178
225

238

266
270
182
232

237

263
262
185
234

237
256
187
236

236
255
181
235

252
252
181
235

242

244

294
258
180
233

241

239

315
266
179
225

283
270
173
218

288
273
170
218

do
do
do
do

261
259
334
453

221
250
387
453

203
249
212
451

225
235
163
455

221
249
143
453

207
262
154
443

205
264
155
461

227
266
162
457

221
260
153
458

237
265
148
459

237
264
145
459

228
263
156
457

246
260
152
457

219
261
167
460

231
245
251
172
235

231
251
246
174
233

238
257
257
171
234

239
266
254
172
233

236
274
243
167
249

230
279
231
163
253

233
274
239
165
260

238
270
254
155
265

234
266
249
157
267

238
260
263
150
274

242
253
275
150
286

241
248
278
144
310

245
247
287
145
317

252
297
155
312

264
280
248

266
282
248

267
281
250

266
279
252

265
279
250

267
281
252

268
283
252

269
283
255

271
284
256

272
284
258

273
285
260

273
286
259

273
287
257

273
287
257

286

287

288

287

287

289

290

292

294

295

296

296

296

295

do
_ . do
do
do
do

Prices paid:
All commodities and services
do
Family living items
_
do
Production items
do
All commodities and services, interest, taxes, and
wage rates
_
1910-14= 100. -

247

2t>4

82
82
82
81
85
86
81
82
82
81
82
82
84
80
Parity ratio© t~
-do
r
Revised.
©Revised series. See note marked "f" for p. S-3.
9 Includes textiles, leather, paper, and printing and publishing industries; unfilled orders for other nondurable-goods industries are zero.
UFor these industries (food, beverages, tobacco, apparel, petroleum, chemicals, and rubber), sales are considered equal to new orders.
cfData are from Dun and Bradstreet, Inc.
JData beginning January 1954 have been revised to incorporate the latest revisions in the price series for individual commodities; unpublished revisions (prior to April 1956) will be shown
later.
§Includes sweetpotatoes and dry edible beans.
© Ratio of prices received to prices paid (including interest, taxes, and wage rates).
tParity ratio revised beginning March 1953; revisions prior to April 1956 will be shown later.




SURVEY OF CURRENT BUSINESS

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

August 1957

1956
June

July

1957

Novem- DecemAugust September October
ber
ber

January

February

March

April

214.9

214.7

214.9

118 9
106.8
113.2
110.7
116.1
100.6
124.9
112.4
104.9
134.4
136.4
122.9
110.5
135.1
125.2
175.8
124.2

119.3
106.5
113.8
110.5
118.7
102.0
125.2
112.4
105.1
134.5
136.9
123.3
111.8
135. 5
125.5
176.8
124.2

May

June

Jul

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

211.9

213.6

212.5

213.1

213.4

213.8

213.9

214.1

116.2
104.8
113.2
107.7
131.4
98.0
121.4
111.7

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

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

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

117.7
106.8
113.1
110.7
113.9
100.8
122.8
112.0
103.6
133.4
134.1
120.8
108. 5
132. 6
122.9
173.0
123.0

117.8
107.0
112.9
111.1
115.8
98.8
123.0
111.8
103.8
133.8
134.5
121.4
109.0
133.2
123. 5
173.4
123.2

118 0
107.0
112.9
111.3
117.4
98.0
123.5
112.0
104.1
134.2
134.7
121.8
109.3
133.1
123.3
174.1
123.3

118 2
106.4
112.8
111.2
116.9
99.0
123.8
112.3
104.0
134.2
135. 3
122 1
109.9
133.6
123.8
174.9
123.8

102.8
132.5
132.0
119.9
107.6
126.8
116.7
172.6
121.8

118 7
106 1
113.6
111 1
116.5
101.4
124.5
112.4
105.0
134.2
135.5
122.6
110.0
134.4
124.5
175.8
124.0

' 215. 3

216.6

119 6
106 5
114 6
110 0
122. 5
103 7
12i 3
112.3
104 2
134.7
137 3
123 4
111 4
13-r) 3
125. \
176 8
124.3

i 120 2
106 6
116 2
110 0
126.8
106 9
125. 5
112.3
104.6
135.0
137.9
124.2
111.8
135. 3
125. 4
176.8
124.6

WHOLESALE PRICES <=?
( U. 8. Department of Labor indexes}
115.6
118.1
116.3
115.9
114.2
114.0
117.4
115.5
117.1
116.9
117.2
114.7
117.0
116.9
All commodities
1947-49=100
Economic sector: *
96.4
99.7
96.6
95.0
95.0
'98.8
94.9
95.7
96.7
96.7
96.5
97.1
96.7
97.4
Crude materials for further processing
do
Intermediate materials, supplies, and components
125
1
124.2
122.6
123.6
121.3
123.8
124.
5
121.7
123.0
124.9
125.1
124.7
125.0
124.8
1947-49=100118 4
114.1
116.2
116.2
115.6
114.0
114.0
115. 3
117.6
116.9
117.4
117.4
117.0
116.7
Finished goods ©
do
88.4
88.9
89.1
92.7
87.9
91.2
90.0
90.1
90.9
90.6
88.8
89.5
88.8
89.3
Farm products 9 --do
97.6
106.7
102.6
104.3
120.2
111.8
94.8
105.4
94.1
95.3
103.0
96.1
109.0
100.7
Fruits and vegetables, fresh and dried
do
84.0
82.7
88.4
88.8
88.8
87.9
86.9
83.9
85.4
87.5
87.3
87.0
89.5
90.7
Grains _
__
__ __ _. .
do
86.5
68.6
72.9
73.0
71.7
76.0
83.5
76.6
79.3
75.0
73.9
74.8
75.7
78.7
Livestock and live poultry
do
103.6
107.2
103.1
103.6
102.6
102.2
102.3
106.1
104.0
104.3
104.3
103.9
103.7
104.9
Foods, processed 9
do
117
7
114.8
114.6
115.3
115.4
115.8
114.5
115.3
117.0
115.9
116.5
116.8
115.8
116.7
Cereal and bakery products. __ _
do
108.1
110.9
112.6
113.6
107.9
108.9
108.0
109.7
111.4
112.5
112.5
108.1
110.7
111.3
Dairy products and ice cream
do
106.4
105.6
102.3
106.4
109.3
107.3
109.7
106.8
104.9
105.9
105.6
'
101.
9
105.9
103.5
Fruits and vegetables, canned and frozen
do
99 2
81.5
85.1
85.7
82.7
83.7
83.1
88.2
89.3
96.6
83.9
84.6
84.8
91.5
Meats, poultry, and
fish
do
Commodities other than farm products and foods
124.2
123.6
124.7
125.6
121.4
123.1
121.5
122.5
125.4
125.4
125.5
125.2
125.2
125. 2
1947-49=100..
108.2
107.7
109.4
108.3
107.3
107.3
107.1
109.3
108.8
107.1
109.1
109.1
108.8
108.7
Chemicals and allied products 9
do
122.6
122.5
122.5
122.1
122.1
123.5
121.9
123.2
121.1
124.0
122.9
123.5
123.6
123.6
Chemicals, industrial _.._
__do___
91.9
92.1
93.4
92.5
92.3
92.2
92.2
91.9
93.2
93.5
93.1
93.3
92.6
'93.4
Drugs and Pharmaceuticals §_ _ _
do
55.8
59.4
55.1
53.7
61.0
55.4
57.8
53.8
57.9
58.2
58.0
59.2
'60.2
58.7
Fats and oils, inedible
do
104.1
105. 7
106.3
105.7
105.7
106.0
104.5
105.9
108.7
106.3
107.2
106.8
107.5
105.9
Fertilizer materials
_
._
do
119.1
122.4
124.1
123.6
119.1
127,8
119.1
119.1
124.1
124.1
124.1
124.1
125.5
124.7
Prepared paint
_
_do __.
114.0
111.2
110.5
110.7
110.9
111.7
116.2
119.6
111.1
119.2
116.3
'117.2
119.5
118.5
Fuel, power, and lighting materials 9
do
112.9
121.0
124 0
123.5
112.3
114.4
124.1
122.0
113.8
123.2
124.0
123. 3
123.6
123.3
Coal
do
94.9
94.3
94.3
93.8
94.9
94.9
94.3
94.3
93.8
94.9
94.9
94.9
96.6
'94.3
Electricity __
do
119.9
113.0
111.3
109.4
111.1
118.4
118.4
119.9
111.1
109.7
110.3
122.3
116.5 ' 113. 0
Gas
do
118.3
126.4
117.5
118.8
120.9
118.3
118.3
118.4
130.4
131.0
128.4
124.9
129.8
130.7
Petroleum and products
do
122.1
119.1
121.0
121.2
118.1
118.3
121.9
121.1
121.9
121.5
121.9
119.7
' 121. 7
121.6
Furniture, other household durables 9
do
105.9
104.4
105.1
105.0
105.5
106.5
105.0
106.8
106.5
106.8
105.4
106.5
105.1
105.2
Appliances, household
do
121.2
119.2
121.2
118.1
119.5
122.6
122.2
120.4
120.8
122.4
122.0
122.4
122.4
122.0
Furniture, household
do __
91.0
92.4
89.7
90.7
91.1
91.1
91.0
91.0
91.1
91.1
91.1
91.1
91.1
'91.5
Radio receivers and phonographs
do
70.2
69.9
69.7
69.1
69.3
69.9
69.6
69.9
69.9
70.1
69.5
69.5
69.5
'69.7
Television receivers
do 100.2
99.2
100.1
98.4
99.8
100.0
100.2
99.7
100.6
98.0
98.4
99.0
98.8
'99.9
Hides, skins, and leather products9
do
120.5
120.5
120.5
121.2
120.8
120.8
120.8
120.5
120.7
121.1
120.9
121.5
120.8
121.2
Footwear
do
60.4
61.2
62.1
59.0
57.8
53.8
60.4
50.1
63.3
55.8
51.0
51.8
52.1
59.4
Hides and skins
do
91.6
90.9
87.8
90.9
91.7
90.8
92.2
90.6
88.6
88.6
90.8
88.8
88.2
91.1
Leather
_ __ _
do __
126.6
120.7
121.0
121.5
127.3
123.6
122.0
125.2
119.3
120.2
119.7
120.1
121.3
119.7
Lumber and wood products
- do
128.5
125.2
122.5
123.6
121.2
121.9
123.1
129.6
120.0
121.2
127.1
120.6
122. 6
' 120. 4
Lumber
do
136.9
141.1
144.5
143.6
143.4
136.8
144.8
137.7
139.7
145.1
143.9
145.5
145.2
145.0
Machinery and motive products 9
do
r
126.8
131.2
126.6
126.9
129.5
132. 2 ' 132. 1
' 132. 0
130.8
127.4
132.3
132.3
131.8
132.3
Agricultural machinery and equip
do
155.9
156.3
155.5
147.8
149.4
146.8
151.5
154.7
156.7
157. 5
156.2
157.6
157.7
157.6
Construction machinery and equip
do
137.4
143.2
145.4
147.1
137.6
142.0
147.5
145. 2
138.0
148.9
148.2
146.0
147.8
' 148. 2
Electrical machinery and equipment..
do
129.1
134. 6
134.6
134.2
129.1
129.1
134.3
129.4
130.8
134. 3
134,7
134.7
134.7
134.7
Motor vehicles _
do _ _
144.9
151.4
152.3
152.1
145.8
150.2
152.2
151.9
152.2
152.4
151.0
150.1
150.0
' 150. 6
Metals and metal products 9
do
117.9
122.1
117.4
119.1
121.6
122.8
122.0
121.0
122.4
121.4
122.3
121.9
121.6
' 121. 9
Heating equipment
do
149.9
149.5
163.3
163.9
159.4
161.5
161.1
163.8
164.3
162.5
165. 4
170.3
161.9
162.9
Iron and steel
do
152.5
149. 6
158.0
154.1
143.2
145.4
149.7
155.4
142.5
134.2
148.7
154.8
139.9
138.1
Nonferrous metals
_
do
130.6
128.9
130.8
131.5
131.3
131.2
133.2
132.7
131.1
132. 0
134.6
135.2
135.1
135.0
Nonmetallic minerals, structural
do
146.5
149.3
150.5
150.1
150.7
150.3
150.1
150.8
155.1
155.0
150.6
150.1
155. 1
155.0
Clay products
_ do 123.0
123.4
125.6
125. 3
121.9
125.0
126. 5
125.3
126 7
125.7
126.6
125. 6
124.8
126 7
Concrete products
do
127.1
127.1
127.1
127.1
127.1
127.1
127.1
127.1
127.1
127.1
127.1
127.1
127.1
127. 1
Gypsum products
do
127.4
127.7
127.9
128.5
128.0
127.8
127.9
128.1
128.7
128.6
128. 6
129.1
128.9
Pulp , paper, and allied products
do
'128 9
138. 2
139.2
137.0
139.2
138.2
r 142 4
139.2
139.2
138.9
140.1
139.1
142.4
140.7
142 7
Paper
do
143.3
142.8
144.3
143.9
147.9
146.9
145.8
144.5
145.0
146.9
145.7
144.7
144.9
145 1
Rubber and products
_ do __
149.3
153. 4
153. 4
151.8
153.4
153.4
153.4
149.0
148.8
149.0
149.0
149 0
149 0
149 0
Tires and tubes
do
94.9
95. 6
95.4
95.4
95.8
94.9
94.8
95.3
95.7
95.4
95.3
94.8
95 4
Textile products and apparel 9
_
do _ .
95 5
99.8
99.7
99.7
99.7
99.6
99.6
99.7
99.7
99.7
99.6
99.7
99.5
99.5
Apparel
_
do ....
99.5
92.3
92.7
91.9
91.1
91.9
92.3
92.8
92.7
91.5
92.7
90.8
90. 7
90 *
90 6
Cotton products
do
122.0
123.2
124.7
123.6
122.8
122.7
121.0
123.0
124.8
122.8
120.1
124.7
121
122 4
Silk products
do
80.4
80.2
80.3
81.7
82.1
80.3
80.4
80.9
81.5
82.0
80.5
81.8
82
81.9
Man-made fiber textile products
do
103.1
103.4
109.0
109.9
109.5
109.1
106.1
102.9
103.9
104.8
107.7
111
110.9
111 5
Wool products
do
124.1
123.5
121.7
123.1
124.1
121.6
122.5
122, 8
124.0
123.6
124.5
124.5
127. ',
' 124. 7
Tobacco mfs. and bottled beverages 9
do
114.6
117.2
116.2
118.1
118.1
114.6
116.9
119.0
119.0
119.0
119.6
119.6
119 6
119 6
Beverages, alcoholic
do 124.0
124.0
124 0
124.0
124.0
124.0
124 0
124.0
124.0
124.0
124.0
124.0
134 8
124 0
Cigarettes
do
91.1
91.2
91.3
89.2
89.9
91.4
92.4
93.2
92.9
89.4
91.7
92.0
87 3
Miscellaneous
do _
88 8
115.7
116.3
117.5
117.5
116.9
116.8
115.8
116.6
116.7
117.5
117.5
117.5
117.5
Toys, sporting goods
do
117.6
' Revised.
1 Index based on 1935-39=100 is 201.0.
9 Includes data not shown separately.
d^For actual wholesale prices of individual commodities, see respective commodities. *New series. Data prior to February 1955 will be shown
later.
©Goods to users, including raw foods and fuels.
§ Effective with the January 1955 index, cosmetics and related products were transferred from drugs, etc., to the "other chemicals"
subgroup.




SURVEY OF CUKEENT BUSINESS

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

S-7

1956
June

July

1957

DecemOctober NovemAugust September
ber
ber

February

March

85.5
84.6
88.7

85.5
84.2
88.0

85.5
84.1
88.3

85.3
83.8
87.9

85.4
83.6
87.3

85.2
i 83.2
186.1

184.7

' 4, 347
r 3, 004
' 1, 526
r
1, 085
'401

4,403
3,047
1 556
1, 125
391

January

April

May

June

July

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

1947-49=100
_ _ _ do __
do

87.6
86.1
88.3

87.7
85.5
87.1

87.2
85.6
88.4

86.6
85.4
88.4

88.5
85.0
88.4

86.3
84.9
88.6

86.0
84.7
88.6

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

__ do
_ _ _ _
_
do
except farm and public
mil. of doL_
do
.- ._
do
-do
do
_
.. do

4,288
3,030
1,654
1,235
379

4,420
3,307
1,674
1,260
371

4,474
3,122
1,672
1,260
371

4,425
3,073
1,640
1,240
360

4,302
3,003
1,580
1,195
344

3,964
2,922
1,521
1,140
339

3,544
2,654
1,362
1,045
277

3,182
2,311
1,137

3,000
2,217
1,048
795
217

3,280
2,392
1,167
875
258

3,641
2,579
1,300

940
326

4,033
2,808
1,410
1,000
373

761
264
324
156
448
1,258
358
135
501
264
3,879

788
271
332
165
468

786
277
316
169
483

787
278
313
156
478

797
278
320
130
484

804
276
329
111
475

1,352

1,352

1,299

371
141
512
275
3,890

1,042

344
117
326
255
3,894

374
95
335
258
3,888

1, 225

3,851

709
269
264
105
398
888
345
84
230
229
3,895

1,062

3,861

381
146
543
282
3,857

704
270
257
96
357
783
305
82
195
201

747
270
287
140
493

378
136
518
281
3,873

722
269
269
91
350
871
336
93
225
217
3,904

713
271
263
119
432

1,313

772
274
305
97
413
890
324
98
239
229
3,904

3,911

2,792
1,475

2,788
1,464

2,780
1,466

2,768
1,459

2,778
1,451

2,822
1,468

2,799
1,460

2,721
1,411

2,728
1,397

2,737
1,388

2,726
1,360

2,750
1, 335

754
130
423
1,087
334
392

755
130

390
143
530
289

746
130

744
130

753
130

760
131

764
129

885
214

749
121

748
123

763
124

771
125

389
100
455
281

783
127

786
270
309
156
517
r

1, 343
'405
'110
"•535
••293
' 3, 930

r

2, 768
' 1, 354

2 740
1 357

779
130

747
131
491
1 125
3fil
395

429

427

423

432

452

435

427

446

447

455

488

488

1,085

1,081

1,089

1,112

1,072

1,105

1,183

1,123

1,158

1,162

1,161

r 1, 162

380
414

378
410

'379
'418

2 443

2 377

2 300

3 078
1 018
2,060

2 776

1,407

2 i6i
'838
1,323

3 400
1 279
2,120

3 243
1 323
1,920

60 836

820

76 773
1 092

63 689

838

80 194
1 120

80 844
1,186

120, 206
1 297

106, 370
1 155

343
375

349
360

349
368

356
381

358
341

365
369

372
441

350
406

366
434

774
262
307
166
534
1 356
394
117
545
300
3,865

CONTRACT AWARDS
Construction contracts in 48 States (F. W. Dodge
Corp.):f
Public ownership
Private ownership
Nonresidential buildings:
Floor area
Valuation
Residential buildings:
Floor area

do
do

Engineering construction:
Contract awards (ENR)§

975

3 013

2 953

2 575

2 057

892

1,972

880

1,896

thous of so ft
mil of dol

72 459
1,024

76 326
1,074

72 197

65 682

64 051

65 776

969

55 735
'756

63 288

thous of sq ft

112, 849
1 202

105, 404
1 143

112 398
1 224

95 719
1 047

95, 961
1 050

81, 354

62 537

73 260

82, 109

875

99, 442
1 107

113, 369
1 232

512

518

412

453

438

385

489

400

278

535

453

653

716

209

278

383

145

91

123

113

169

188

343

253

329

186

298
297

281
269

273
262

254
251

237
224

217
190

256
269

255
265

260
264

251
250

248
230

242
197

1,622

1,835

1, 828

1,480

1,878

1,736

1,590

1,664

1,436

1,468

1,460

1,857

1,561

1,589

7,876
720
4,346
2,810

4,795
408
1,893
2,494

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

5, 267

7,302
953
3,524
2,825

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

2 6, 501

1,911
2,661

2 3, 955
2 2, 141

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

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

9,582
3,023
4,660
1,899

7,816
1,172
3,702
2,941

9,772
2,284
4,209
3,279

11, 086
1,917
6,151
3,017

8,896
845
4,581
3,471

Public works:
Valuation
mil of dol
Utilities:
Valuation
mil of dol
Value of contract awards, 37 States (F. R. indexes):
Total unadjusted
1947-49—100
Residential unadjusted
do
Total seasonally adjusted
Residential seasonally adjusted

o 047

do
do
mil. of dol__

Highway concrete pavement contract awards: d1
Total
thous of sq yd
Airports
__.
do_ _
Roads
._do
Streets and alleys
do

933

931

695

865

900

699

405

914
817

NEW DWELLING UNITS
( U. S. Department of Labor)
New permanent nonfarm dwelling units started:
Unadjusted:
96.0
93.9
77.4
103.9
93.6
107.4
102.0
63.6
65.8
63.0
101.1
'93.7
87.0
Total, privately and publicly owned__.thousands__
97.0
90.2
91.2
77.0
63.1
103.2
96.0
'91.4
90.7
62.9
60.1
104.6
92.0
79.3
99.0
Privately owned, total
do
61.6
54.6
45.1
70.5
63.4
68.1
60.8
44.6
42.5
64.2
66.7
55.8
62.3
72.8
In metropolitan areas
do
2.1
5.8
3.2
2.4
.4
2.7
2.9
5.0
6.0
'2.3
7.7
.7
.7
2.8
Publicly owned
_
do
Seasonally adjusted at annual rate:
1,
052.
0
980.0
'
962.
0
935.0
1,
008.
0
980.0
1,
027.
0
1,136.0
962.0
1,
070.
0
1,091.0
970.0
1, 020. 0
933.0
Privately owned, totalj
do
Building construction authorized, all permit-issuing
places:
70.4
48.1
85.2
79.3
86.0
'81.5
55.7
61.7
51.6
«-88.2
72.8
81.3
New dwelling units, total
thousands
r
85.4
68.6
76.8
54.4
47.5
85. 6
83.5
50.8
'80.4
72.7
80.5
61.1
Privately financed, total
_ _
do
r
59.8
75.1
76.6
67.0
52.2
39.1
41.0
68.3
43.8
71.9
60 5
67 0
Units in 1 family structures
do
2.5
2.2
2.4
1.7
1.9
3.1
2.6
2.5
'2.6
2.8
2.8
2.5
Units in 2 family structures _
do
6.6
7.8
6.4
7.9
12.4
6.4
7.3
8.1
6.7
6.1
10.3
9.3
Units in multifamilv structures _ _ _ _ d o _ _ _
.6
.6
.1
1.8
2.5
.7
2.5
1.3
.8
.8
Publicly financed, total
_
do
1.7
1.1
r
Revised.
*> Preliminary.
1
Indexes
based
on
1935-39=100
are
as
follows:
Measured
by—wholesale
prices,
44.3
(July);
consumer
prices,
49.8
(June);
retail
food,
42.6
(June).
2
Data include some contracts awarded in prior months but not reported.
9 Revisions prior to May 1956 will be shown later.
tRevised series, reflecting nationwide coverage and new techniques for compiling data on residential buildings. Figures for public and private ownership for July-December 1956 will be
available later.
§Data for August and November 1956 and January and May 1957 are for 5 weeks; other months, 4 weeks,
cf Data for August and October 1956 and January and May 1957 are for 5 weeks; other months, 4 weeks.
^Revised back to 1946 to incorporate new seasonal factors, revisions for 1946-53 and 1955-56 (1954 data have since been revised) are shown on p. 20 of the March 1957 SURVEY.




SURVEY OF CUKKENT BUSINESS

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

August 1957

1956
June

July

August September

1957
October Novem- December
ber

January

February

March

April

May

June

July

CONSTRUCTION AND REAL ESTATE—Continued
CONSTRUCTION COST INDEXES
Department of Commerce composite!
1947-49=100- .
Aberthaw (industrial building)
1914=100
American Appraisal Co., The:
Average, 30 cities
— -1913=100..
Atlanta
do
New York
- do
San Francisco
- do
St Louis
- do Associated General Contractors (all types)
do
E. H. Boeckh and Associates: §
Average, 20 cities:
Apartments, hotels, and office buildings:
Brick and concrete
U. S. avg. 1926-29=100
Brick and steel
do
Brick and wood
- do Commercial and factory buildings:
Brick and concrete
-- do -_
Brick and steel
do
Brick and wood
..
do Frame
do
Steel
. ..
do Residences:
Brick
- - do -_
Frame
....
do
Engineering News-Record.'d1
Building
1947-49=100..
Construction
do -Bu. of Public Roads— Highway construction:
Composite standard mile
1946 ~~ 100

132
421

133

133

133
441

133

134

134

134

135

135

135

634
679
660
596
635
461

638
692
667
596
635
467

641
695
681
597
637
467

642
696
681
597
637
470

642
696
681
596
636
470

644
696
681
595
635
470

647
699
687
594
638
470

649
702
701
594
640
472

653
705
703
610
643
472

654
710
704
610
644
472

278.0
273.7
276.1

279.6
275. 3
276.7

280.2
275.9
277.2

280.8
276.7
277.0

281 0
276 9
277 0

281.4
277 3
277.3

281.9
277 7
277.4

282.7
278 3
277.9

283.1
278 5
278.3

286.6
283.5
274.6
275.9
267.5

287.8
286.7
275.2
276.0
272.8

288.2
287.3
275.9
276.2
273.2

288.9
288.6
275.9
275.4
274.9

289 2
288 8
276 0
275.3
275.1

289.6
289.1
276.3
275. 5
276.1

290.2
289 6
276.5
275.5
276.4

291.3
290 3
277.4
275.4
276.8

276.8
270.4

277.2
270.6

277.8
271.0

277.4
270.5

277.4
270.3

277.6
270.6

277.8
270.6

144.7
153.4

145.3
153.7

147.9
155.6

147.7
155.4

148.0
155.4

147.9
155.4

148.5
156.3

135.4

136

137
455

655
712
704
610
644
473

659
712
704
610
644
479

664
712
705
609
656
485

283.5
278 8
278.4

284.3
279.1
278.9

286.3
280 7
280.3

288 3
282 7
281 7

291.8
291.3
278.1
275. 3
278.4

292.4
291.6
278.2
275. 4
278.7

293.5
292.3
278.7
275.9
279.1

295.9
294.4
280.2
277.4
280.4

297.8
296 4
281.6
278.7
282.6

278.3
270.7

278.6
270.8

278.7
270.9

279.3
271.3

280.8
272.6

282.2
273.9

148.6
156.7

148.3
156.4

148.3
156.6

148.8
158.0

149.1
159.2

149.8
159.9

668
712
705
610
660
488

152.9
163.1

142 7

142 6

140 7

140.5

P

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

164.0
130.0

52.1
119.8

140.2
143.1

138.2
123.6

159 2
138.4

145.5
120.5

145.1
103.1

142 6
113.8

135.2
106.1

150.8
113.8

151 5
124.8

156 5
131.2

208, 192
464, 937

237, 440
504, 725

203, 661
507, 610

229, 797
500, 930

213, 072
462, 307

174, 236
471,652

193, 576
555, 076

159, 145
430, 560

161, 535
379, 822

157, 423
349, 651

154,288
286, 291

163, 633
276, 147

1,108

1,116

1,142

1,148

1, 153

1,228

1,038

976

961

971

993

1,079

949

1,037

850

922

784

710

714

709

842

899

968

925

341
439
169

358
483
197

292
397
161

323
422
176

277
360
147

250
320
140

245
326
143

243
318
149

298
366
179

317
391
191

360
412
197

319
415
190

2,374
2, 548
68, 752

2,544
2,618
74, 930

2,185
2,802
70, 118

2, 425
2, 762
81, 121

2,108
2, 737
80, 481

1,951
2,569
96, 485

1, 942
2 771
115, 272

1,749
2,473
95, 569

1,937
2 921
104, 565

2,044

2,144

2,028

85, 994

79, 045

69, 710

REAL ESTATE
Home mortgages insured or guaranteed by207, 111
Fed Hous A dm • Face amount
thous. of dol
421,178
Vet A dm * Face amount
do
Federal Home Loan Banks, outstanding advances to
1,173
member institutions
mil of dol
New mortgage loans of all savings and loan associa976
tions, estimated total
mil. of dol
By purpose of loan:
349
Home construction
do
449
Home purchase
do. .178
All other purposes
do
New nonfarm mortgages recorded ($20,000 and under),
2,417
estimated total
mil of dol
2,755
Nonfarm foreclosures
number
74, 770
Fire losses
thous of dol

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

195
194
151
183
158
34
377

208
198
159
202
152
33
413

218
196
159
206
155
40
472

203
209
153
194
161
34
400

206
206
151
210
148
34
382

204
191
164
199
154
38
377

201
203
161
185
153
33
375

207
207
164
203
167
35
373

206
213
153
210
153
39
361

203
203
156
203
156
36
373

207
207
162
202
164
37
373

210
207
165
208
164
34
382

209
217
160
205
170
35
384

1947-49=100

200.4

158.4

175.6

198.9

235.2

225.7

175.1

169.6

190.7

215.2

230.7

233.1

205.2

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

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

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

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

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

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

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

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

43, 502
4, 567
12, 624
9,648
5,470
3,592
7,601

39, 385
3,732
11, 182
8,891
5,139
3,321
7,121

43, 653
4,470
11, 984
9, 295
5,583
3,789
8,532

•• 41, 222
3,929
11, 125
8,761
5,825
3,810
r
7, 772

«• 43, 378
' 4, 242
11, 810
r
9, 270
6,309
3,901
7,845

39, 517
3,864
11, 585
7,482
5,614
3,771
7,201

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

do
do
do
do _
do
__ do
do

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

42, 386

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

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

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

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

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

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

38, 354
1,997
3,747
1.198
3,521
5,978
1,478

54, 612
3,445
4,509
2,350
5,536
7,879
2,305

«• 67, 898
4,904
5,607
3,557
6,002
8,883
3,117

81, 439
6,205
7,053
5,145
7,028
9,058
3,696

73, 441
5.544
6,840
4,453
6,332
7,681
3,054

61, 899
3,235
5,967
2,858
6,629
7,488
3,080

do
do _
do
do
do
do

4,919
2,042
5,517

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

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

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

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

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

3,166
2,106
4,278

1,142
1,164
3,729
522
1,084
12, 795

2,840
1,556
4,480
978
1,578
17, 156

3,976
5,246
2,590
4,126
' 5, 795 6,147
1,441
1,526
2,017
1,923
20, 008
24, 283

4,931
3,998
6,258
1,298
1,561
21, 490

3,972
2,138
5,855
1,244
1,722
17, 711

4,815

3,861

Tide advertising index, unadjusted

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

_

843

1,562
16, 331

876

1,704
17, 083

4,025
4,768
5,489
3,890
4,827
3,496
4,278
5,552
3,734
5,265
Linage, total
thous. of lines—
' Revised.
t Revisions for construction cost index prior to April 1956 and for Printers' Ink index for January 1953—February 1956 will be shown later.
§ Copyrighted data; see last paragraph of headnote, p. S-l.
cf Data reported at the beginning of each month are shown here for the previous month.
f Revised series.




5,431

3,444

SURVEY OF CURRENT BUSINESS

August 1957

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

S-9

1956

June

July

1957

DecemOctober NovemAugust September
ber
ber

January

February

March

April

May

June

July

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

thous. of linesdo

239, 266 213, 961 227, 297
62, 395 60 525 62 494

244 056
63 036

269 857
62 197

261 994
54 469

243 080
50 337

210 509
55 141

207 064
53 264

249 527
62 923

245 384
59 081

265 599
64 494

240, 631
61 194

_.

_ -

- -

- -

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

181 021
10 018
3 169
34' 223
133 610

207
16
4
43
143

207 525
16 424
3 330
38 510
149 262

192 743
8 824
4 198
27 690
152 031

155
12
5
26
110

153 800
14 365
3 215
30 009
106 212

186 603
14 615
3 824
36, 150
132 015

186 303
16 663
4 241
34, 802
130 597

201 105
18 264
3 564
37, 609
141 668

179, 436
16 615
4,078
33, 432
125, 311

- do
do
do _
do
do

153 436
12 947
4 652
27, 098
108 740

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

659
878
026
420
335

368
555
929
355
530

PERSONAL CONSUMPTION EXPENDITURES
Seasonally adjusted quarterly totals at annual rates :J
Goods and services, total
bil. of dol

265.0

Durable goods, total 9
Automobiles and parts
Furniture and household equipment

do
do
do__.

33.3
13.8
15.0

Nondurable goods, total 9
Clothing and shoes
Food and alcoholic beverages
Gasoline and oil
__
-

do
do
do
do _

132.7
21.7
80.1
8.0

Services, total 9
.
Household operation
Housing
.
Transportation

do
___do
do
do

RETAIL TRADE
All retail stores:
Estimated sales (unadjusted), total©

268 6

272.3

276 7

278.9

33 0
13 7
14 7

34.8
15.3
14.9

35 9
16 3
14.9

35.0
15 5
14.9

4
3
3
0

135.3
22.2
82.1
8.3

137.3
21.9
83.7
85

139.1
22.0
85.0
87

101 1
15 7
33 2
77

102.2
15.8
33.5
7.8

103 4
16.0
33.9
7.8

104.9
16.2
34.3
7.9

134
22
81
8

99.0
15.5
32.6
7.7
16, 579

15, 382

16, 187

15, 583

16, 130

16, 493

19, 380

14, 740

14, 058

6,053
3,363
3,155
208

5,573
3,066
2,880
186

5,739
3 110
2,919
191

5,230
2 676
2 507
169

5,516
2,830
2,646
184

5 491
2 907
2 730
177

6,172
3,122
2,901
221

4,972
2,996
2,858
139

4 914
2 948
2,809
139

5 546
3 317
3,154
163

921
556
364

846
516
331

900
566
334

860
518
342

956
593
363

1 003
634
369

1,194
714
480

776
478
297

754
477
277

806
517
289

'809
509
300

1 090
814
275

1 024
774
250

1 050
800
251

1,006
761
245

1,052
794
258

917
664
254

861
547
314

659
476
183

629
455
174

758
551
208

856
634
221

do
do
do
_.do
do
do

10, 526
989
227
364
203
195

9,809
768
163
290
168
146

10 448
863
168
ooo
190
167

10, 352
981
188
374
225
194

10, 614
1,034
216
405
236
177

11 002
1 095
252
410
259
173

13, 208
1,694
421
654
387
232

9,769
785
181
310
161
133

9 144
694
147
283
146
118

do
do
do
do
do

477
1,270
3,835
3,413
1,201

464
1,306
3,628
3 215
1,239

475
1, 333
3 840
3 400
1 253

465
1,240
3,748
3 323
1,181

480
1,227
3,729
3, 305
1,180

470
1, 158
3 877
3 435
l'l84

632
1,201
4,052
3, 572
1,182

488
1,096
3,690
3 281
1,137

467
1,055
3 480
3 086
1 067

1,700
932
105
274
388
313

1,414
748
90
245
330
318

1,663
898
120
271
374
328

1,699
945
108
275
372
324

1,808
1,007
129
284
387
330

2,030
1 132
166
309
423
356

3,033
1,626
189
616
601
539

1,328
720
97
198
314
301

1,276
672
94
213
296
288

15,852

15, 871

16, 101

15, 865

15, 896

16, 212

16, 340

16, 295

16, 356

5,500
2,997
2,812
184

5,514
2,981
2,806
174

5 512
3,022
2,845
178

5 356
2 780
2,599
180

5,490
3,035
2,862
173

5 664
3 159
2,983
176

5 814
3,285
3,104
181

5 706
3, 324
3,151
173

5 747
3,264
3,081
183

do
__-do
do

899
537
362

899
550
349

886
552
333

908
558
350

864
530
334

912
569
344

932
575
356

856
541
314

899
578
321

905
578
327

'880
545
336

862
520
342

919
551
367

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

979
716
263

968
720
248

933
688
245

960
711
249

918
689
228

889
653
236

869
630
240

848
608
240

866
622
245

876
630
246

849
624
224

905
674
231

901
656
244

do
do
do __
__do
do
- do

10 352
957
210
366
209
172

10 357
956
209
364
215
168

10 589
1,039
223
411
213
192

10 508
977
209
392
210
166

10 406
982
214
388
208
172

10 547
1 004
216
380
229
179

10 526
991
209
396
218
169

10 588
980
217
376
212
174

_-do
do
do
__do_ -_
do

480
1,241
3,623
3,215
1,163

479
1,191
3,694
3,272
1,150

487
1,215
3,738
3,306
1,164

492
1,178
3 764
3 337
1,165

492
1,184
3 761
3,332
1,150

488
1,188
3 778
3 351
1,179

497
1,194
3 826
3,396
1,164

484
1, 182
3 825
3,392
1,213

do
do
--do
do
do

1,730
948
116
282
384

1,763
974
118
291
380

1,781
971
123
294
393

1,773
989
116
295
374

1,674
913
112
292
357

1 760
960
122
302
376

1 738
954
122
289
372

1 722
936
118
281
387

mil. of doL.

Durable-goods stores9
._
do
Automotive group
_~do _
Motor- vehicle, other automotive dealers.do
Tire, battery, accessory dealers ._. _ _ _ d o - _ _
Furniture and appliance group
Furniture, homefurnishings stores
Household -appliance, radio stores

do
do
do

Lumber building, hardware group
do
Lumber, building-materials dealers.- - do,__
Hardware stores
do
Nondurable-goods stores 9 ©
- _
Apparel group __
Men's and boys' wear stores
Women's apparel, accessory stores
Family and other apparel stores
Shoe stores
Drug and proprietary stores
Eating and drinking places
Food group©
Grocery stores
Gasoline service stations

-

General-merchandise group
do
Department stores, excl. mail-order <?_ __do
Mail-order (catalog sales)
do
Variety stores
do
Other general-merchandise stores
do
Liquor stores
do
Estimated sales (seasonally adjusted), total ©..do
Durable-goods stores 9
-- do -_
Automotive group
do
Motor-vehicle, other automotive dealers-do
Tire, battery, accessory dealers
do
Furniture and appliance group.
Furniture, homefurnishings stores
Household-appliance, radio stores

Nondurable-goods stores 9 ©
Apparel group __
_
Men's and boys' wear stores
__
Women's apparel, accessory stores
Family and other apparel stores
Shoe stores
-Drug and proprietary stores
Eating and drink ing places
Food group©
Grocery stores
Gasoline service stations

_

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

_

15, 788 ' 16, 442 ' 17, 205 17, 114

f

10 243
832
154
347
181
150
r

' 5, 765 '6, 190
"•3 391 '3 550
3,353
3,208
197
183

r

10 678
' 1, 131
200
463
248
220

r

r

873
550
323

916
550
366

993
740
253

979
731
248

11 015
'998
192
422
207
177

10, 826
994
218
381
210
185

i 16, 705
1

3, 383
1

871

1

847

r
'520
502
500
1,140 r' 1, 153 •• 1, 253
3 915 3 770 r 4 043
3 499 rr 3 345 rr 3 613
1 181
1 216
1 293

511
1,289
3 977
3 531
1 321

i 510
i 1, 343
i 3 980
i 3 527
1
1 362

1,493
811
100
240
342
325

1,680

i 1, 523

' 1, 705 ' 1, 723
(2)

110
289
(2)
309

(2)

121
273
(2)

335

16, 298 ' 16, 437 ' 16, 644
5 685 r 5 631 r 5 776
3 165 r 3' 194
3*265
2,976
3,075
3,012
189
182
190

10 608 r 10 614 r JO 806 r 10 867
992
956 r 1 020
990
192
210
198
200
384
383
405
403
212
222
235
224
168
178
165
181
r 519
526
492
511
1,219
1,216 ' 1, 218 1,242
3 821 r 3 817 r 3 925
3 931
3 397 r 3 490
3 385
3 512
1,246 ' 1, 259
1,220
1^269
1 718
'922
114
289
393

6,288
3 609
3,399
210

1 741
954
114
286
387

r 1 717

(2)119
290
(2)

1 759
('2)
130
295
(2)

(2)

105
276
(2)

330
16, 783 i 16, 903
5 806
3 246
3,051
196

i 5 738

10 977 i 11 165
'995
204
398
225
168
--___
518
1,245
3 986
3 542
1^264
1 771
(2)

121
292
(2)

r
2
Revised.
i Advance estimate.
Comparable data not available; series temporarily discontinued.
JRevised series. Estimates of personal consumption expenditures have been further revised back to 1954 (all revisions—beginning with 1952—appear on pp. 5 ff. of the July 1957 SURVEY) •
for data prior to 1952, see the 1954 NATIONAL INCOME SUPPLEMENT.
9 Includes data not shown separately.
©Data beginning January 1951 have been revised to exclude data for milk dealers' establishments with processing on the premises (now classified as manufacturing plants); data prior to
April 1956 appear on p. 28 of the June 1957 SURVEY.
cf Correction: 1951 mont]"
. . .




STJKVEY OF CUEEENT BUSINESS

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

August 1957

1956
June

July

1957

DecemAugust Septem- Octobcr November
ber

January

February

March

April

May

June

23 840
10, 970
12 870

!
I

July

DOMESTIC TRADE—Continued
RETAIL TRADE— Continued
All retail stores— Continued
Estimated inventories:
Unadjusted total
Durable-goods stores
Nondurable-goods stores
Seasonally adjusted total
Durable-goods stores 9
- Automotive group
Furniture and appliance group
Lumber building, hardware group
Nondurable-goods stores 9
Apparel group _ _
Food group
General-merchandise group
Firms with 11 or more stores: t
Estimated sales (unadjusted), total 9
Apparel group 9
Men's and boys' wear stores
Women's apparel, accessory stores
Shoe stores
Drug and proprietary stores
Eating and drinking places
Furniture, homefurnishings stores

23, 300
10, 650
12, 650

23, 540
10, 400
13, 140

23, 530
10, 030
13, 500

24, 000
9,920
14, 080

24, 750
10, 450
14, 300

22, 400
9,940
12, 460

22.890
10, 380
12, 510

23,650
10, 800
12, 840

24, 340
11,040
13, 300

24, 510
11, 220
13,290

r 24 440
11, 170
r
13 270

do
do
do
do
do _

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

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

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

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

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

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

23, 860
10, 700
4,020
2,020
2,220

24, 010
10, 770
4,110
2,020
2,220

23, 910
10, 850
4,380
1,980
2,130

23, 700
10, 670
4,350
1,930
2,080

23, 670
10, 590
4,290
1,920
2,090

r

do _
do
- do
do

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

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

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

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

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

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

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

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

13, 060
2,750
2,740
4.030

13, 030
2,680
2,700
4,060

13, 080
2,720
2,730
4,030

13, 210
2,730
2,790
4,060

13, 290
2,710
2,810
4,140

do .

3,434

2,994

3,311

3,284

3,402

3,669

4,641

2,917

2.797

3,276

3,412

3,551

3,456

do
do
_do _
do

225
20
91
74

166
12
74
54

187
12
84
59

225
16
92
71

232
20
97
64

247
24
103
65

382
38
166
99

155
13
63
47

144
11
61
43

194
15
83
57

281
21
114
92

222
19
97
67

227
20
92
74

78
71
40

75
71
36

75
73
39

76
70
37

78
74
45

76
68
43

121
73
49

74
65
33

73
63
33

80
70
36

80
69
38

83
73
38

84
76
35

do
do
do

General-merchandise group 9 do_ _
Department stores ©
do
Dry-goods, other general-merchandise stores®
mil. of dol
Variety stores
do
Grocery stores _
_ _
do
Lumber, building-materials dealers
__do
Tire, battery, accessory stores
do
Estimated sales (seas, adj.), total 9
A pparel group 9
Men's and boys' wear stores
Women's apparel, accessory stores
Shoe stores
_
Drug and proprietary stores
Eating and drinking places _ __ _ .
Furniture, homefurnishings stores

-

Minneapolis
New York
Philadelphia
_
Richmond __
St. Louis
San Francisco.

__

Atlanta
Boston
Chicago
Cleveland
Dallas _ .
Kansas City
Minneapolis
_
New York
_ ._
Philadelphia
Richmond. _
St. Louis
San Francisco.

_
_

_

879
526
T

1,044
' 616
r

1,063
' 652
r

1,130
' 686

1,269
'749

1,910
' 1, 075

805
' 491
r

765
' 449

r

922
563

1,064
' 640

1,081
'668

1,060
654

100
206
1,311
77
59

' 103
216
1,316
78
65

' 121
238
1.439
65
63

'182
470
1,472
52
88

71
150
1,364
45
50

'64
161
1, 295
45
48

' 79
183
1,493
50
57

'95
223
1,367
58
66

'93
204
1,512
68
74

99
206
1,427
67
78

-do .-

3,332

3, 373

3,391

3,385

3, 295

3,404

3,425

3,371

3.360

3.416

3,427

3,493

3,509

do
do
do
do
do ___
do
do

215
18
90
64
80
70
40

218
19
92
64
77
67
40

228
19
95
67
79
70
37

226
19
96
66
79
68
40

221
18
95
65
77
71
40

228
19
96
68
80
71
37

228
19
97
67
83
71
42

215
17
90
68
79
70
42

215
17
92
65
81
72
40

215
17
92
63
84
72
37

228
18
98
68
84
70
40

218
19
92
64
84
72
34

222
19
93
65
86
74
37

1,093
'662

1, 119
'683

1, 116
'666

1,118
' 682

1 046
'622

1, 085
'636

1,067
'631

1 068
'638

1 046
'616

1 099
'662

1 066
'632

1, 116
'666

1,125
692

'99
219
1.319
68
67

'98
223
1,335
70
63

'105
227
1, 350
68
61

' 103
220
1,343
68
65

'95
218
1,335
66
64

' 104
226
1.384
65
65

'99
219
1,409
65
65

100
216
1,400
58
65

103
222
1,399
59
66

'98
221
1,420
58
67

'101
224
1,440
63
69

100
218
1,432
62
70

149
310

136
307

138
308

152
314

159
319

174
330

232
365

189
352

160
345

148
341

155
339

155
337

152
333

46
15

44
14

45
14

44
15

47
15

47
16

45
14

46
15

44
14

48
15

45
15

46
15

46
14

45
42
13

45
42
13

45
42
13

44
43
13

43
44
13

44
44
12

46
43
11

44
42
14

44
43
13

44
43
13

44
43
13

44
43
13

45
42
13

do
__ _ _ _ d o
do
do _
do.. .
do

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

Sales, seasonally adjusted, total U. S.{

r

•

104
207
1.368
80
66

1947-49=100

_ _ __

' 651

81
185
1.257
75
67

Department stores:
Accounts receivable, end of month :cf
Charge accounts .
1947-49=100
Installment accounts
do
Ratio of collections to accounts receivable:
Charge accounts
- _ _ .percent Installment accounts cf _.
do
Sales by type of payment:
Cash sales
. percent of total sales
Charge account sales
do
Installment sales..
- do

A tlanta
Boston
Chicago
Cleveland
Dallas
Kansas City

1,065

24, 090
23, 950
' 10, 740 10, 800
4,460
4,420
r
1, 970
1, 950
2,100
2, 100

100
212
1,414
77
78

General-merchandise group 9
do
Department stores ©. __
do
Dry-goods, other general-merchandise store* ©
mil. of dol
Variety stores
do
Grocery stores
do
Lumber, building-materials dealers
do
Tire, battery, accessory stores
do

Sales, unadjusted, total U. 84 _

23, 510
10, 860
12, 650

mil. of dol
_ do __
do

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

. __ _ _ do
_ _do
do
do _.
do
do.__

r

' 98
221
1,405
59
64

r

119

101

113

131

128

158

222

95

97

106

122

'124

v 121

' 133
114
121
113
' 136
* 120

128
84
97
98
129
107

140
95
113
110
138
124

152
125
132
127
139
128

150
115
123
122
142
129

182
143
159
152
166
150

267
210
215
212
252
218

116
86
91
92
111
90

122
88
93
95
113
94

137
89
105
99
124
104

149
110
119
118
132
120

150
112
121
114

p 138

105
111
117
128
117
120

91
83
88
111
104
115

111
90
100
122
118
126

137
122
131
144
130
128

119
120
124
144
131
131

141
151
165
179
161
153

202
204
220
251
216
231

84
94
91
99
94
101

90
93
9-1
101
98
100

95
98
107
117
107
104

114
109
121
143
123
123

124

128

128

129

122

131

129

125

125

127

'149

160
116
123
128
152
130

156
118
126
121
148
131

157
117
127
127
139
128

144
114
117
118
134
123

157
119
130
123
146
131

154
116
128
122
150
128

151
109
120
118
140
122

153
117
121
123
141
121

149
110
126
120
143
122

113
116
119
140
135
132

116
117
124
145
129
131

129
120
127
140
127
131

103
112
118
136
119
130

123
120
126
146
134
132

124
116
125
139
130
131

118
119
121
144
125
131

114
115
119
136
125
127

118
115
124
146
125
133

114
'123

118
> 150
' 125

114
rl!4

^124
134
119
126

....

'•10.1

v 110

••123

p
p
p
p

121
113
147
120

118
113
123
140
127
124

p
p
p
p
P
p

108
113
122
131
116
125

122

125

P 127

146
107
120
117
135
121

153
112
123
118
r
151
' 124

p 155

113
109
121
136
125
127

116
115
124
139
127
126

'150

.

?133

T 110

p
P
p
p

124
117
161
125

P
p
P
p
p
p

117
117
130
136
119
131

'Revised. » Preliminary. tRevised series; see p. 28; of the June 1957 SURVEY for details. Revisions for January-March 1956 will be shown later. 9 Includes data not shown separately.
©Revised beginning January 1956 to reflect change in previous classification of certain stores to department stores in accordance with 1954 Census of Business; unpublished revisions (January-May 1956) are available upon request.
cfData revised for period beginning January 1940; not comparable with former series. Unpublished revisions for accounts receivable (prior to October 1955), and for collection ratios
(installment accounts) prior to January 1953, will be shown later.
{Data for 1946-55 have been revised to reflect current seasonal patterns and to allow for changes in the samples used in computing the unadjusted indexes. Revisions beginning with 194(1
for total United States appear on p. 24 of the October 1955 SURVEY; unpublished revisions for the districts are available upon request.




SURVEY OF CUKEENT BUSINESS

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

S-ll

1956

June

July

1957

DecemOctober NovemAugust September
ber
ber

January

February

March

132
139

144
141

147
141

'145
140

P137
"143

70, 062
269, 815

187,374
307, 394

April

May

July

June

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

1947-49=100
. _.do

131
137

130
138

138
141

145
139

159
142

161
142

126
142

426, 197
97, 221
328, 976

355, 917
79,888
276, 030

421, 668
94, 813
326, 855

405, 229
94, 412
310, 817

440, 456
112, 898
327, 558

482, 564
120, 131
362, 433

595, 570
150, 615
444, 955

126
141

Mail-order and store sales:
Total sales, 2 companies
_
thous. of dol
Montgomery Ward & Co
_ _.do
Sears, Roebuck & Co
. do
WHOLESALE TRADE %
Sales estimated (unadj ), total
mil. of dol
Durable-goods establishments
do
Nondurable-goods establishments
do___

i 90, 288
338, 262

i 82, 764
335, 812

' 11, 260 ' 10, 750 ' 12, 020 ' 11, 200 ' 12, 840 '11,970 ' 11, 420 ' 11, 400 ' 10, 410 ' 11, 150 ' 11, 250 ' 11, 640
' 4, 590 ' 4, 220 ' 4, 640 ' 4, 330 ' 4, 890 ' 4, 500 ' 4, 190 ' 4, 280 ' 3, 980 '4,290 ' 4, 310 ' 4, 450
' 6, 670 ' 6, 530 '7,380 ' 6, 870 '7,950 '7,470 ' 7, 230 ' 7, 120 '6,430 ' 6, 860 ' 6, 940 ' 7, 190

10, 990

Inventories, estimated (unadj. ), total
Durable-goods establishments _
Nondurable-goods establishments

' 11, 970 ' 12, 110 ' 12, 280 ' 12, 570 ' 13, 030 ' 13, 200 ' 12, 920 ' 12, 880 ' 12, 830 ' 12, 950 ' 12, 800 ' 12, 610 12, 490
' 6, 300 ' 6, 210 ' 6, 190 ' 6, 320 ' 6, 400 ' 6, 380 ' 6, 350 ' 6, 430 ' 6, 540 ' 6, 710 ' 6, 700 ' 6, 670 6,670
' 5, 670 ' 5, 900 ' 6, 090 '6,250 ' 6, 630 ' 6, 820 ' 6, 570 ' 6, 450 ' 6, 290 ' 6, 240 ' 6, 100 ' 5, 940
5,820

do
_ do
-__do_-_

310, 275
63, 367 i 55, 515
246, 908 223, 750

1

1

80, 002
308, 538

4,240
6,750

EMPLOYMENT AND POPULATION
POPULATION
Population, continental United States:
Total, inch Armed Forces overseascf
thousands. _ 167, 934
EMPLOYMENT
Non institutional population, estimated number 14
years of age and over, tota!0_ _.
thousands
118, 632
Total labor force, including Armed Forces., .do _
Civilian labor force, total
Employed
Agricultural employment
Nonagricultural employment
Unemployed.
Not in labor force

do
do
do
do
._do _
._

do _.

Employees in nonagricultural establishments:!
Total, unadjusted (U. S. Dept. of Labor)
..do
Manufacturing
do
Durable-goods industries
_ _ _ do Nondurable-goods industries
do
Mining!;, total _ > _ . . .
-do
Metal
do
Anthracite
_ _
_
_ do
Bituminous coal
do
Crude-petroleum and natural-gas production
thousands. _
Nonmetallic mining and quarrying-. _ _ do Contract construction. «
do
Transportation and public utilities 9
do_ _
Interstate railroads
do
Local railways and bus lines
do
Trucking and warehousing*
do
Telephone
do
Telegraph _
_
do
Gas and electric utilities
do_ _
Wholesale and retail trade Wholesale trade
Retail trade 9
General-merchandise stores
Food and liquor stores
Automotive and accessories dealers

do
do
.do
do
- do
do

Finance, insurance, and real estate
Service and miscellaneous 9 - Hotels and lodging places
Laundries
C leaning and dyeing plants _
Government
,

do
do
do do__
- do
do

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

_ do do
do
_ . . do

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

do
do
do _
do
do___
do
do_.

168, 174

168, 451

168, 737

169, 028

169, 291

169, 541

169, 800

170, 045

119, 614

119, 745

170, 270

170, 510

170, 737

170, 981

120, 199

120, 383

171, 229

118, 762

118, 891

119, 047

119, 198

119, 344

119, 481

119, 899

120, 057

72, 274

72, 325

71, 787

70, 896

70, 905

70, 560

69,855

268,638 2 69, 128

2

269,771 2 70, 714 2 72, 661

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

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

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

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

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

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

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

265,821 2 66, 311
2262, 578 2 63, 190
4,935 2 5, 195
2 57, 643 2 57, 996
2 3, 244 2 3, 121

2
2

66, 746 2 66, 951
63, 865 2 64, 261
2
5, 434 2 5, 755
2
58, 431 2 58, 506
2 2, 882 22,690

2 67, 893
2 65, 178
2 6, 659
2 58, 519
2 2, 715

2 69, 842
2 66, 504
2 7, 534
2 58, 970
2 3, 337

2 70, 228
2 67, 221
2 7, 772
2
59, 449
2
3, 007

46, 357

46, 437

47, 105

48, 151

48, 293

48, 783

49, 626

2

2

2 49, 485

2 47, 722

2

52, 135
16, 825
9,800
7,025

51, 258
16, 301
9,313
6,988

52, 258
17, 035
9,780
7,255

52, 663
17, 119
9,826
7,293

52, 952
17, 238
9,999
7,239

53, 007
17, 180
10, 067
7,113

53,639
17, 159
10, 071
7,088

51, 716
16, 959
9,990
6,969

51, 704
16, 945
9,992
6,953

51, 894
16, 933

833
112
29
233

765
85
29
189

839
110
30
235

842
114
30
239

836
112
30
241

837
111
31
241

837
111
32
242

832
110
31
242

833
110
31
243

831
110
30
240

833
111
29
239

'835
112
27
239

339
120
3,237
4,191
1,225
111
800
751
43
575

343
119
3,256
4,161
1,172
110
799
767
43
583

343
121
3,361
4,190
1,184
110
810
770
43
584

339
121
3,342
4,191
1,189
110
820
762
43
578

333
120
3,296
4,189
1,188
109
833
758
43
572

335
119
3,174
4,184
1,174
109
839
760
42
572

336
116
2,997
4,194
1,173
109
843
759
42
571

337
112
2,667
4,126
1,139
108
817
757
41
570

339
110
2,673
4,120
1,133
109
819
761
42
570

339
112

340
115

340
118
' 3, 082
' 4, 156
1,137
108
821
767
42
573

11, 236
3,011
8,225
1,380
1,554
809

11,164
3,033
8,131
1,339
1,550
'810

11, 198
3,064
8,134
1,344
1, 542
'805

11, 319
3,068
8,251
1,422
1,549
'797

11, 445
3,090
8,355
1,476
1,568
796

11, 657
3,119
8,538
1,600
1,588
804

12, 260
3,149
9,111
1,970
1,612
817

11,298
3,106
8,192
1,388
1,575
794

2,328
6,320
544
339
173
7,165

2,349
6, 296
606
342
167
6,966

2,361
6,293
609
337
161
6,981

2,325
6,322
535
334
164
7,203

2,315
6,343
495
333
166
7,290

2,314
6,327
488
332
164
7, 334

2,308
6,295
482
330
163
7,589

52, 026
16, 895
9,791
7,104

51, 456
16, 468
9,422
7,046

52, 180
16, 901
9,821
7,080

52, 148
16, 874
9,816
7,058

52, 367
17, 045
9,959
7,086

52, 441
17, 072
10, 019
7,053

829
3,113
4,174
11, 307
2,305
6,227
7,176

769
3,043
4, 330
11, 303
2,303
6,265
7,175

831
3,083
4, 159
11, 364
2,326
6,262
7,254

838
3,080
4,160
11, 319
2,325
6,291
7,261

836
3,080
4,178
11, 372
2,327
6,280
7,249

833
3,067
4,173
11,388
2,326
6,327
7,255

50, 973 2 50, 617

69, 562

50, 337

9,976
6,957

2,756

2 50, 286

120, 579
2

73, 051

47, 528

52,245 ' 52, 456 ' 52, 874 P 52, 574
16, 822

9,927
6,895

2,906

' 16, 762 ' 16, 847 P 16, 671
' 9, 895 ' 9, 906 p 9, 755
' 6, 867 ' 6, 941 P 6, 916

'859
'113
31
'242

P852

PH4

P229

354
119
P120
' 3, 233 p 3, 290
' 4, 182 v 4, 203
1,144
108
829
772
42
581

4,147
1,132
109
820
764
42
571

4,153
1,136
108
821
766
42
573

11, 225
3,114
8,111
1,333
1,587
793

11, 265
3,117
8,148
1,343
1,591
796

11, 428
3,114
8,314
1,402
1,603
796

'11,411 ' 11, 501 f 11, 486

2,293
6,239
474
330
161
7,302

2,301
6,273
481
328
159
7,334

2,310
6,317
482
328
160

2,320
6,432

' 2, 329 ' 2, 359 p 2, 392
' 6, 520 ' 6, 552 p 6, 520
541
513
334
337
169
168
' 7, 361 ' 7, 341 * 7, 160

52, 541
17, 106
10, 035
7,071

52, 493
17, 053
10, 006
7,047

52, 577
16, 995
9,980
7, 015

52, 522
16, 962

833
3,074
4,169
11, 408
2,320
6, 359
7,272

832
2,963
4,188
11, 465
2,316
6,366
7,310

833
3,020
4,168
11, 519
2,324
6,401
7,317

7,335

9,945
7,017
831

3,062
4,168

11,490
2,322

6,381

7,306

499
329
164
7,351

'
'
'
'

3, 113
8, 298
1, 382
1, 601
798

'
'
'
'

3, 134
8, 367
1, 376
1, 611
'804

p 3, 156

pg,330
P 1, 343
v 1, 605
P810

52,568 ' 52, 672 ' 52, 762 v 52, 786
16, 965

9,928
7,037

841

3,059

4,160
11, 501

2,320
6,400
7,322

' 16, 946 ' 16, 915 p 16, 844
' 9, 915 ' 9, 898 v 9, 868
' 7, 031 ' 7, 017 v 6, 976

'843
' 3, 097
' 4, 159
' 11, 542
' 2, 329
' 6, 424
' 7, 332

'855
' 3, 109
' 4, 165
' 11, 575
' 2, 336
' 6, 455
' 7, 352

P856

p 3, 075
P 4, 172
p 11, 629
P 2, 345
P 6, 488
p 7, 377

Production workers in manufacturing industries:
Total (U. S. Dept. of Labor)f
thousands
12, 536
13, 108
13, 465
13, 345
13, 256
13, 350
13, 392
13, 114
13, 150
12, 960 ' 12, 894 ' 12, 962 p 12, 768
13, 085
Durable-goods industries. _ _
_
do_
7, 636
7,616
7, 572
7,113
7,839
7.721
7.827
7,788
7,740
7,693
7, 635
' 7, 600 ' 7, 601 P 7, 436
r 77
Ordnance and accessories
-__
__do
r 77
83
v 7*
78
79
79
81
83
82
82
82
80
82
' Revised.
p Preliminary.
1 Net sales; not comparable with data through January 1957, which are gross. Comparable figure for July 1956 is $72,540,000.
2 gee note marked "©"
for this page.
JSee corresponding note on p. S-10 for department-store stocks and note marked "f" on p. S-3 for wholesale trade.
cf Revised estimates for February 1953-December 1955
are available upon request.
9 Includes data for industries not shown.
0 Data beginning May 1956 are derived from an expanded sample of househholds; see the May 1957 SURVEY for overlap figures for May 1956. The estimates beginning January 1957 reflect
certain changes in definitions for employment and unemployment as follows: Two small groups of persons formerly classified as employed are now classified as unemployed (except for the
subgroup "in school and waiting to start new jobs" which is now counted as not in the labor force). Estimates for July 1957 on the old basis, comparable with data shown through 1956, in order
as shown above (thous.): 120,579; 73,056; 70,233; 67,546; 7,804; 59,742; 2,687; 47,523. Data on the old basis for earlier months of 1957 are shown in previous issues of the SURVEY.
tData beginning January 1955 for employment, hours, and earnings have been adjusted to the 1st quarter 1956 benchmark; revised data for January 1955-April 1956 may be obtained, within
the next few months, upon request to the U. S. Department of Labor, Bureau of Labor Statistics, Division of Manpower and Employment Statistics.
*New series. Figures relate to establishments primarily engaged in local or long-distance trucking, transfer, and draying services or in the storage of farm products and other goods.




SURVEY OF CURRENT BUSINESS

S-12

August 1957

1956

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

June

July

1957

DecemAugust SeptemOctober November
ber
ber

January

February

March

April

June

July

••638
338
308
456
1, 093

'660
347
'312
'460
' 1, 092

P306
p 444
P 1,080

May

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

713
374
312
477
1,119

703
370
306
466
747

718
374
318
475
1,091

700
366
324
469
1,128

684
358
325
476
1,134

655
347
320
470
1,134

628
336
320
465
1,135

594
323
312
453
1,133

589
319
313
449
1,124

593
319
312
451
1,112

612
329
312
455
1,101

561

213

550

570

566

564

563

559

559

554

549

546

546

54

55

52

57

56

56

57

57

55

55

55

54

54

871
1,274
862
1,299
595
530
116
50
229
398

823
1,247
849
1,280
581
531
114
45
226
384

864
1,250
873
1,266
562
543
107
45
231
408

885
1,254
886
1,236
525
554
107
41
233
419

910
1,255
908
1,354
628
564
108
45
234
427

911
1,262
913
1,438
694
579
113
44
235
419

908
1,277
900
1,478
715
589
118
49
233
401

904
1,287
884
1,481
710
595
120
50
231
379

902
1,294
877
1,482
700
603
122
50
230
381

898
1,291
869
1,474
689
603
125
50
231
382

889
1,277
853
1,446
663
602
123
51
230
382

883
1,255
••847
r
1, 435
652
598
126
51
r
226
383

'885
' 1, 239
'855
' 1, 412
634
589
128
53
'223
386

5,472
1,094
266
79
181
174
128

5,423
1,140
268
80
224
173
132

5,684
1,246
272
79
325
174
127

5,729
1,282
274
75
359
173
125

5,677
1,209
279
71
268
176
124

5,553
1,125
284
69
185
175
124

5,523
1,076
283
68
152
173
118

5,410
1,015
270
67
134
168
111

5,393
987
258
65
129
169
109

5,392
989
255
67
127
168
115

5,325
990
253
69
135
168
113

'5,294
r
1, 004
253
72
136
169
121

' 5, 361 p 5, 332
' 1,056 P 1, 105
257
76
164
172
127

78
966
433
202

76
928
415
195

98
956
427
204

106
956
424
203

104
958
424
205

96
955
423
202

93
948
421
195

88
935
418
189

84
933
415
190

77
929
410
193

74
919
407
192

73
'911
402
193

73
'912
402
197

p69
"887

1,050
467
233

1,025
462
231

1,089
470
234

1,085
472
233

1,096
470
231

1,092
470
231

1,093
472
234

1,076
468
232

1,095
466
232

1,098
467
231

1,069
467
231

' 1, 039
465
230

'1,046
'470
233

P 1, 012
460

549
549
217
175
133
203
85
340
222

544
539
211
170
134
203
85
337
219

550
545
215
179
136
206
84
345
222

557
548
213
177
134
210
86
337
216

563
550
212
176
133
215
86
336
214

564
546
212
176
134
194
70
335
215

566
547
214
174
133
216
87
338
220

557
549
214
172
133
216
87
336
221

555
548
212
173
132
213
87
340
222

559
550
211
173
132
211
87
341
223

559
549
208
173
133
191
71
334
219

••555
••544
207
'174
133
'204
85
325
214

'557
'536
207
'177
134
'200
81
333
219

P556
P531

Production workers In manufacturing industries,
seasonally adjusted:
Total f
thousands
Durable-goods industries
- -do
Nondurable-goods industries
do

13, 178
7,628
5,550

12, 712
7,225
5,487

13, 137
7,616
5,521

13, 106
7,605
5,501

13, 278
7,749
5,529

13,283
7,790
5,493

13, 297
7,790
5,507

13, 238
7,753
5,485

13, 156
7,706
5,450

13, 109
7,662
5,447

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

106.0
106.5

101.4
102.8

107.2
106.2

107.9
106.0

108.9
107.3

108.3
107.4

107.9
107.5

106.3
107.0

106.0
106.4

105.8
106.0

2, 182. 0
212.8

2, 181. 1
211.9

2. 169. 1
209.2

2, 175. 9
210.1

2, 174. 7 12,456.2
210.4 i 218. 5

2, 170. 1
211.4

2, 173. 3
211.6

2, 176. 4
212.0

1,058

1,071

1,075

1,075

1,062

1,054

1,029

1,020

1,021

1,024

1,038

1,045

1 041

80.0
78.3

80.4
79.0

80.7
80.5

80.7
82.3

79.7
81.5

78.8
80.5

77.1
76.5

76.5
76.6

76.6
77.2

76.8
77.9

'77.8
r
76.7

P78. 4
P76 7

p78. 1
p 76.5

150.5

161.5

166.7

169.0

168.2

171.4

165.5

165.0

164.3

161.5

'161.0

' 163. 9

p 161. 8

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

Miscellaneous employment data:
Federal civilian employees (executive branch):
2, 166. 6
United States continental
thousands
211.7
Washington, D. C., metropolitan area _._do
Railway employees (class I railways):
1,110
Total
thousands
Indexes:
83.4
Unadjusted
.
.. 1947-49= 100. .
Seasonally adjusted
do . . 81.6

r

"648

P870
P 1,208
P841
P 1, 372

P220
P373

pl78
P203
P332

13, 094 ' 13, 073 ' 13 031i> 12 951
7,637 ' 7, 621 ' 7, 595 f 7, 552
5,457 ' 5, 452 ' 5, 436 P 5, 399

104.8
105.9

104.2
105.7

2, 178. 5 '2,175.8
211.4
211.9

' 104. 8 p 103. 2
' 105 4 p 104 7
2, 184 4
215.2

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

158.5

LABOR CONDITIONS
Average weekly hours per worker (U. S. Dept. of
Labor) :f
41.0
40.2
40.7
40.7
40.2
40.1
40.5
40.3
40.2
40.1
39.8
39.7
'40.0
P39.9
All manufacturing industries
hours. .
3.1
3.1
2.6
3.0
3.1
2.7
2.7
'2.5
2.6
2.5
2.2
2.3
\verageovertime*
do
p2 4
2 4
40.9
41.2
41.3
41.4
41.9
40.9
40.8
40.8
40.8
40.7
40.5
'40.3
Durable-goods industries
do
'40.6
P40.2
3.5
3.3
3.3
••2.6
2.9
3.3
2.9
2.9
2.7
2.8
2.4
'2.3
p2 3
Average overtime*
_
do .
2 4
42.1
42.3
42.6
42.0
41.2
42.0
41.6
42.0
41.6
41.7
41.4
p40 3
40.7
Ordnance and accessories _. . do
' 40.6
Lumber and wood products (except furniture)
40.9
39.8
39.1
40.0
40.8
40.5
40.2
39.7
41.5
39.6
'40.2
40.0
hours- .
'40.7
P40.0
41.1
40.5
39.5
38.7
40.0
40.5
41.0
39.2
39.4
40.3
40.0
39.7
Sawmills and planing mills
do
40.1
r
41.3
41.3
41.6
41.1
39.8
40.5
40.2
40.2
40.2
40.3
39.2
39.7
Furniture and fixtures .
do
39 7
^39 1
41.2
41.0
41.3
41.1
41.4
40.3
41.3
41.0
40.6
40.4
40.7
'40.8
Stone, clay, and glass products
do
P40.1
'40.9
41.2
41.2
40.8
41.0
40.6
40.1
39.7
40.9
40.3
40.3
39.8
Primary metal industries 9
- do
39.6
'40 1
p39 8
Blast furnaces, steel works, and rolling mills
40.9
41.2
40.5
40.9
40.3
38.7
40.7
38.9
40.1
39.7
hours. 39.2
39.5
39.8
Primary smelting and refining of nonferrous
40.8
41.1
41.5
41.3
41.2
40.7
41.3
41.6
40.8
40.7
40.7
40.9
metals
hours..
41.0
Fabricated metal prod, (except ordnance, ma42.1
41.3
41.6
41.8
40.7
41.0
40.7
41.0
40.8
40.9
41.0
chinery, transportation equipment)
hours. _
40.9
41.2
P40.7
42.1
42.3
42.1
4L8
42.6
41.9
41.7
41.7
41.8
41.1
41.4
Machinerv fexcent electrical)
do
'41.1
P40.7
41.9
' Revised.
P Preliminary.
* Includes Post Office employees hired for Christmas season; there were about 284,000 such employees in continental U. S. in December 1956.
fSee note marked "t" on p. S-ll.
9 Includes data for industries not shown.
*New series. Overtime hours (in excess of hours for either the straight-time workday or workweek) for which premiums were paid. Weekend and holiday hours are included only if premium wage rates were paid; hours for which only shift differential, hazard, incentive, or other types of premiums were paid are excluded. Data prior to January 1956 are not available.




SURVEY OF CURRENT BUSINESS

August 1957

S-13
1957

1956

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

June

July

DecemAugust SeptemOctober November
ber
ber

January

February

March

April

June

May

July

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

do
do
..do
do
do
do .
do
do -do
do
do
do

Apparel and other finished textile products
hours. _
Paper and allied products
___
do
Pulp, paper, and paperboard mills
do
Printing, publishing, and allied industries
hours. _
Chemicals and allied products. _
do
Industrial organic chemicals.
do
Products of petroleum and coal
do
Petroleum refining
.
do
Rubber products
do
Tires and inner tubes
__
_do
Leather and leather products
do
Footwear (except rubber)
do
Nonmanufacturing industries:
Mining:
Metal.__
_
do
Anthracite __
_
do
Bituminous coal
do
Crude-petroleum and natural-gas production:
Petroleum and natural-gas production—hours. _
Nonmetallic mining and quarrying
do
Contract construction
do
Nonbuilding construction
do
Building construction
...do
Transportation and public utilities:
Local railways and bus lines ._
do
Telephone
do
Telegraph __ __
_.
do
Gas and electric utilities
do ...
Wholesale and retail trade:
Wholesale trade
do
Retail trade (except eating and drinking places) 9
hours _
General-merchandise stores
_do _ _
Food and liquor stores
do
Automotive and accessories dealers
do
Service and miscellaneous:
Hotels, year-round .
do
Laundries
_
do
Cleaning and dyeing plants
do
Industrial disputes (strikes and lock-outs):
Beginning in month:
Work stoppages
number
Workers involved
_. .thousands. _
In effect during month:
Work stoppages
number _
Workers involved
__ thousands
Man-days idle during month...
.__
do

40 6
39 9
38.3
41 7
40.0
39 5
40.6
40.1

40.1
40.8
39.9
41.9
40.0
40.5
40.5
39.6

40.5
40.8
39.7
42.3
39.8
38.0
40.7
40.2

41.1
41.3
40.6
42.4
39.8
40.4
41.1
40.3

41.2
41.8
41.8
42.3
39.6
40.4
41.0
40.7

41 0
42.2
42.8
42.4
38.8
39.2
40.8
40.3

41.2
43.6
45.0
42.9
40.3
40.4
41.0
40.6

40.4
41.7
41.3
42.6
40.2
40.3
40.7
40.0

40.6
41.5
41.2
42.3
40.0
40.4
41.0
40.3

40.5
41.1
40.3
42.2
40.0
40.6
40.7
40.6

40.3
40.6
39.4
42.0
40.2
40.5
40.6
39.9

40.1
39.9
39.1
40.6
40.3
39.9
••40.2
'39.8

'40.3
'40.4
40.1
40.8
40.6
39.7
'40.5
'40.0

J»40.2
»40.3

39.2
2 4
41.1
41 6
43.7
38.9
40.9
40 7

39.4
2.5
41.0
41.1
43.4
39.5
41.0
41.2

39.6
2.5
41.2
40.7
42.8
41.7
40.5
40.7

39.8
2.8
42.0
42.6
43.0
42.5
40.9
39.9

39.7
2.7
41.3
41.7
42.5
40.6
40.6
39.7

39.6
2.7
41.3
43.3
42.5
36.9
40.5
39.8

39.7
2.6
40.9
41.3
42 2
37.9
40.3
39.9

39.1
2.3
40.2
40.7
41.8
37.8
39.8
39.2

39.3
2.3
40.1
39.8
41.7
37.9
40.0
39.5

39.1
2.3
39.8
39.3
42.0
37.1
39.8
39.4

38.9
2.2
40.0
39.9
41.9
37.4
40.2
39.8

38.9
2.2
40.4
40.7
42.6
37.8
40.4
40.1

'39.2
'2.4
'41.0
41.1
43.0
38.2
40.9
40.8

»39. 5
P 2. 5
Ml. 1

39.2
38 8
39.1
37 5

38.9
38.8
39.0
37.5

39.1
39.2
39.3
38.1

40.8
39.3
39.6
37.9

39.5
40.1
40.6
38.5

38.9
40.2
40.7
38.3

39.8
40.2
40.9
37.8

38.8
39.1
39.7
36.8

38.5
39.2
39.1
37.3

37.9
38.9
39.0
37.2

36.8
38 6
38.8
37.0

'39.1
38.4
38.6
36.8

'38.9
'38.8
38.9
37.3

"40. 1
^38 8

35.5
42.7
44.2

35.8
43.0
44.6

36.6
42.6
43.9

36.0
43.0
44.1

36.4
42.9
44.0

36.1
42.7
43.8

36.3
43.0
44.2

35.9
42.3
43.9

36.5
42.3
43.7

36.5
42.3
43.5

35.7
42.1
43.4

35.8
42.0
43.3

'35.8
'42.1
43.1

P36.3
P42.4

38.6
41.4
41.4
41.1
40 7
39 6
39.3
37.3
36.7

38.6
41.2
41.1
41.8
41.5
39.7
39.1
38.0
37.9

38.8
41.0
40.8
40.9
40.5
40.2
40.0
37.6
37.1

39.0
41.4
41.1
41.7
41.4
40.5
40.2
36.9
36.0

39.1
41.4
41.0
40.8
40.5
40.9
40.1
36.9
35.9

38.6
41.5
41.2
40.9
40.9
40 5
40.6
36.9
36.1

39.1
41.6
41.3
41.0
41.1
41 4
41.7
37.7
37.2

38.3
41.3
41.1
41.1
41.3
40.9
41.4
38.0
37.9

38.5
41.2
40.9
40.8
40.7
40 9
41.0
38.3
38.1

38.8
41.2
40.8
40. 7
40 7
40 4
40 0
38.0
37.9

38.5
41.2
40.9
41.2
41 4
40 0
40 1
36.9
36.5

••38.4
41.0
MO. 9
40.9
r
40 0
40.1
36.3
35.6

38.3
41.2
41.1
'41.0
41.0
'40 9
41 4
37.8
37.4

^38.4
P41.0

42.6
33.7
38 1

42.3
35.6
36.1

40.0
33.3
37.0

42.5
33.8
37.9

41.8
35.4
37.8

41.2
33.9
36 2

42.7
36. 3
38 7

41.9
35.9
37.5

41.4
32.0
38 4

41.2
27 8
37 4

40.8
31 1
37 0

41.0
30 8
35 8

40.9
34 2
36 9

40.0
45.9
38.3
42.2
37.2

41.9
45.6
38.1
42.4
37.0

40.6
45.2
38.3
42.4
37.2

42.4
45.8
38.6
42.8
37.4

40.6
45.6
38.4
42.4
37.4

40.6
44.5
36 6
39.7
35.8

41.5
43.6
36 8
39.2
36. 3

41.6
42.0
34.7
37.2
34.1

40.6
43.1
36 9
39.6
36.3

40.5
43 4
36 7
39 4
36.0

40.3
43 3
36 8
39 1
36.2

40.4
44.3
37 2
39 8
36.4

41.5
44 9
37 g
40 8
37.0

43.8
39.3
42.3
41.3

43.3
39.9
42.2
41.4

43.3
39.4
42.5
41.2

43.0
39.9
42.0
41.4

43.2
39.8
42.0
41.0

43.2
41 0
41.6
41.5

43.4
39 3
41.6
41.2

43.0
38.7
41.7
40.9

42.7
39 0
41.8
40.8

42
38
41
40

43 0
38 7
41 4
40.9

43
39
42
40

7
0
5
7

44 3
39 2
42 2
41 0

40.3

40.5

40.4

40.6

40.5

40.5

40.7

40.2

40 2

40 1

40 0

40 1

40 4

38.7
35.0
38.1
43.7

39.1
35.5
38.6
43.9

39.1
35.6
38.4
43.7

38.5
34.9
37.6
43.6

38.3
34.6
37.3
43.8

38.0
34.1
37.2
43.7

38.6
36.2
37.0
43.8

38.2
34.6
36.8
43.8

38.2
34.3
36 7
43.9

38.0
34.1
36 6
43.8

38.0
34.4
36 7
43.8

38.0
34.0
36 7
44.0

38.3
34.6
37 i
44.1

40.8
40.9
40.7

41.0
40.4
39.6

40.8
39.9
38.1

40.6
40.2
39.8

40.7
40.2
39.7

40.6
39.9
39.5

40.7
40 1
39.1

40.4
39 8
38.7

40 3
39 8
38.2

40 6
39 9
38.7

40 2
40 0
40.2

40 4
40 3
40.3

40 0
40 3
40.0

372
115

377
591

398
137

336
156

332
133

242
158

114
29

225
60

225
60

250
80

400
150

475
190

" 400
v 140

576
230
2,010

570
669
12,500

625
699
2,960

541
209
1,630

524
178
1,180

403
204
1,460

240
53
472

325
80
550

350
130
825

375
120
775

525
190
1,380

650
260
1,850

P goo
v 220
v 1, 850

519

577

591

599

474

410

433

387

425

480

534

528

1,119
1,209

837
1,059

761
988

834
878

973
1,013

1 565
1,737

1 002
1,730

897
1,592

1 099
1,475

1 001
1,350

881
1,251

976
111, 708

932
112, 207

889
94, 919

752
91, 476

796
91, 700

1,453
177, 598

1 530
164, 860

1 500
168, 841

127
41
48
4,970

127
42
52
5,630

U8
33
48
4,499

1

1

i 23
49
62
5,594

i 21
47
62
5,886

U. S. Employment Service placement activities:
558
Nonagricultural placements
thousands . .
Unemployment compensation, State and UCFE programs (Bureau of Employment Security) :
863
Initial claimsd*
_
thousands
1,178
Insured unemployment, weekly averaged*
do
Benefit payments:
1,072
Beneficiaries, weekly averaged1
do
Amount of payments cf
thous. of dol__ 116, 040
Veterans' unemployment allowances:
29
Initial claims§
thousands .
37
Insured unemployment, weekly average
do
46
Beneficiaries, weekly average.
do
4,452
Amount of payments
thous. of dol_.

18
24
30
3,258

21
28
31
3,168

1 229
1,285
941
104, 245
123
35
40
3,883

1

31
45
53
5,572

9
7
9
8

'41.2

1 311
1 199
1 172
154, 329 145, 657 123, 540
i 18
39
51
5,155

1 Ig

34
40
4,222

i 24
33
40
3,710

Labor turnover in manufacturing establishments:
Accession rate
monthly rate per 100 employees. .
4.2
3.3
3.8
4.1
4.2
3.0
'2.2
3.2
2.8
2.8
2.8
'3.0
"3.8
3.2
Separation rate, total
_.
..
do
3.4
3.9
r q A
4.4
35
r> 9 Q
33
28
33
30
33
33
3
3
.2
Discharge
do
.3
2
.3
2
2
2
2
.3
.3
v 2
T
1.2
Lay-off..
__
do
1.2
1.3
1.4
1.3
1.5
14
14
P 11
15
14
15
15
4.
Quit
_
do
2.2
1.5
1.6
2.6
17
13
10
12
13
13
13
1
.2
.2
Military and miscellaneous
do
.2
.2
.2
.2
.2
'.2
.3
12
'.2
.3
p. 2
'Revised.
» Preliminary.
i See note marked "§".
t See note marked "f" on p. S-ll.
9 Includes data for industries not shown.
*New series. See note on p. S-12.
cfData for the UCFE program are included in initial claims, beneficiaries, and benefit payments effective January 1955 and in insured unemployment effective March 1955
§ Beginning July 1956, figures include transitional claims which are excluded from earlier data. In June 1956, the number of transitional claims totaled 267




7) 1

O

*40.3
*39.8

v 41.9
v 41 3
P38.6

1,285

SURVEY OF CURRENT BUSINESS

S-14

August 1957

1956

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

June

July

1957

DecemAugust SeptemOctober November
ber
ber

January

February

March

April

May

June

July

81.78
87 85
^94 02

* 82. 80
r
88 91
r
94 60

»82 99
v 88 44
p95 51

' 73. 16
72 00
67.82
r
82 42

r 75. 30
73 38
r
69 08
r
83 44

v 72. 40

r

p99 90

EMPLOYMENT AND POPULATION—Continued
WAGES
Average weekly gross earnings (U. S. Department of
Labor) :f
All manufacturing industries
_
dollars .
Durable-goods industries
do
Ordnance and accessories
___do
Lumber and wood products (except furniture)
dollars _ _
Sawmills and planing mills
do
Furniture and
fixtures
do. _
Stone clay and glass products
do
Primary metal industries 9
do
Blast furnaces, steel works, and rolling mills
dollars _ _
Primary smelting and refining of nonferrous
metals
_.
dollars
Fabricated metal prod, (except ordnance, machinery, and trans, equip.)
dollarsMachinery (except electrical)
_ _
do
Electrical machinery
__
__do

79.19
85.27
91.52

78.60
84.25
91.74

79.79
85.68
90.64

81.81
88 38
93.88

82.21
89.01
95.18

82.22
88.99
94.50

84.05
91.34
96.70

82.41
89.16
95.76

82.41
88 75
96.18

82.21
88 94
95 68

81.59
88 29
95.63

73.31
74.62
68.11
81.14

72.36
73.35
67.54
80.77

75.12
74.80
69.87
81.36

74.03
73.71
71.04
81.18

73.03
72.90
71.97
82.19

70.80
71.20
69.66
82.61

69.25
69.13
71.45
82.81

67.25
66.95
68.46
81.41

68.51
68.21
69.55
81.61

70.27
69 74
69.55
82 21

72.00
70 67
68.28
81 20

95.71

91.88

93.69

100. 12

98.74

99.06

100. 94

101. 27

99.14

98 65

97.91

97 42

100. 94

96.47

97.52

107. 53

104. 90

105. 18

107. 16

108. 79

105. 06

104. 01

103. 89

102. 31

105. 07

95.53

r

90.45

93.18

91.17

95.04

94.16

93.71

93.43

94.76

93.43

93.61

94.02

94.89

84.46
92.20
79.98

83.44
91.96
79.40

84.25
92.16
80.19

87.78
95.18
82.61

89.03
94.73
83.22

87.56
93.83
83.23

90.09
96.70
84.46

86.90
95.11
82.82

87.33
95.11
83.23

87.74
95.30
83.43

87.94
94.39
83.02

'88.34
93.71
82.21

99 45

p68 03
P 82 21

89.40
94. 53
' 83. 42

p 88. 73
p93 61
T> 83. 21

96 96
98.25
95 88
96.63
98 85

p97 12

r

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

do
do__ _
do
do__ _
do

91.37
88.09
95.08
89.60
93.22

93.84
92.57
95.95
89.60
95.99

94.25
92.90
97.29
90.35
88.54

97.47
99.06
97.94
91.14
96.96

99.07
102. 41
97.71
90.68
97.77

100. 86
105. 72
98.37
90.40
93.30

105. 95
112. 95
100. 39
94.71
98.58

99. 25
100. 36
99.26
93.67
98.74

98.36
99.29
98.56
94.40
98.98

97.82
97.12
99.17
94.80
100. 28

96.22
94.17
99.12
94.87
100. 44

94.56
93.84
94.60
96.32
98 55

r

Instruments and related products
Miscellaneous mfg. industries

do
do

81.20
69.77

81.81
68.90

82.21
69.95

84.26
70.93

84. 05
72.45

83.64
71.73

84.87
72.67

84.66
72.40

85.69
72.94

85.47
73.49

85.26
72.22

' 84. 42
' 72. 04

r

85 46
' 72. 00

p85 44
v 72. 04

do
- do
do
_ do _
do
do _ _
do

70.95
75.21
83.20
76.04
59.91
74.03
87. 10

71.71
75.03
82.20
75.95
61.23
74.21
88.99

71.68
74.16
80.59
74.47
65.05
73.71
87.51

72.44
76.02
85.20
75.68
66.73
74.85
84.99

72.65
75.99
84.23
74.80
64.96
74.30
84.96

72.86
78.06
91.80
75.23
57.56
74.93
85.97

73.84
77.71
87.14
75.54
61.02
73.75
86.18

72.73
77.18
87.10
75.66
61.99
73.23
84.67

73.10
77.39
85.57
75.06
61.78
74.00
85.72

73.12
76.81
83.71
76.02
61.59
73.23
86.29

72.74
77.20
84.99
75.84
62.83
74.37
87.16

73.13
78.38
86.28
77.53
62 75
75.55
88 62

' 74. 09
79. 13
87.13
78.69
61 88
76.89
91 80

p 75. 05
v 79 32

59.58
55.87
53.96
53.25

58.74
55.87
53.82
53.25

55.52
56.45
54.23
54.10

56.30
56.99
55.04
54.20

54.91
59.75
58.46
55.06

56.41
60.30
59.42
55.15

58.90
60.30
59.71
54.43

57.81
58.65
57.57
53.36

57.37
58.80
56.70
54.09

57.99
58 35
56.55
54.31

57.04
57.90
56.26
53.65

r

r

85
20
41
46

p 64 96
p 58 20

51.48
82.41
90.61

52.27
84.28
93.21

54.17
83.50
92.19

53.28
84.71
93.05

54.24
84.94
93.28

53.43
84.55
92.86

54.45
85.57
94.15

53.49
84.18
93.07

54.39
84.60
93.08

54. 75
84.60
92.66

52.84
84.20
92.44

52.98
'84 42
92.23

rr 53. 34
85. 46
93. 53

p 54. 09
p 86 92

93.80
87.77
93.98

93.80
87.76
93.71

94.28
87.74
93.02

95.94
88.60
94.53

95.80
88.60
93,89

94.57
89.23
94.76

96.19
89.86
95.40

94.22
89.21
94.94

95.48
89.40
94.89

96.61
89.40
95.06

95.87
89 40
95.30

rr 96. 38
90 64
96 35

96.13
91 88
97 82

p 96. 00
p 92 25

104. 81
108. 67
84.74
98.25
55.95
53.22

107. 01
111.22
85.75
98.14
56.62
54.96

103. 89
107. 73
87.23
101. 20
56.40
54.17

108. 00
111.78
89.10
102. 51
55.72
52.56

104. 86
108. 14
89.98
102. 66
55.72
52.41

105. 11
109. 20
87.89
103. 53
56.09
52.71

105. 37
109. 74
92. 74
109. 25
57.30
54.31

106. 45
110. 68
91.21
107. 64
57.76
55.71

104. 45
107. 86
90.80
106. 19
58.60
56.39

104. 60
108. 26
89 28
102. 40
58.52
56.47

106. 71
110. 95
87 60
103. 46
56 83
54.39

r 106. 75
110 84
r
88 80
103 46
55 90
53 04

r 109. 06

pill. 87

97.13
88.63
107. 82

96.02
92.20
102. 16

92.40
87.25
102. 49

100. 30
87.88
106. 12

97.39
94.87
110. 38

96.00
91. 19
106. 79

99.92
107. 45
115. 33

98.05
105. 55
110. 63

97.29
95.36
112. 51

97.23
79 79
109 58

97 10
92 06
111 74

97 58
88 70
107 76

98 16
100 55
112 18

99.60
88.59
103. 41
104. 66
103. 42

106. 01
88.01
103. 25
105. 58
103. 23

100. 28
87.69
104. 94
106. 42
104. 53

107. 70
89.77
106. 92
108. 28
106. 22

101. 09
89.83
107. 14
108. 12
106. 96

101. 50
87.22
102. 48
100. 84
102. 75

104. 58
85.46
103. 78
99.96
104. 91

104. 83
82.32
98.55
94.86
99.57

101.91
84. 05
104. 80
101. 38
105. 63

101. 25
84.63
104 23
100. 47
104. 76

100. 75
84 87
104 88
100. 88
105. 70

104. 23
87 71
106 39
103 88
107 02

109. 98
89 80
108 49
106 90
109 15

85.85
73. 10
85.87
91.69

85. 73
74.21
85.24
92.32

85.30
72.89
86.28
91.88

85.14
74.21
85.26
92.74

85. 54
74.03
85.26
92.66

85.97
77.08
84.03
94.21

86.80
75 46
84 03
93.94

86.86
73.92
86.32
92.84

86. 25
74.88
86.94
92.62

86. 66
74 30
87 57
93.02

87.29
74 69
86 11
94.07

88
75
89
93

81.41

82.22

81.61

82.82

82.22

83.03

83 84

82.81

82.81

83 01

82 80

83 81

84 84

61.15
44.10
64.39
82.59

62,17
44.73
65.62
82.97

61.78
44.50
64.90
82.16

61.22
43.97
64.30
81.53

60.90
43.60
63.78
81.03

60.42
42.63
63. 98
81.72

59.83
43.80
63.27
81.91

61.50
43.94
63.66
82.34

61.50
43.90
63.86
82.53

61.56
43.65
63 68
82 78

61.56
44.38
63 86
83.22

62.32
44.54
64 59
84 48

63.20
46.02
65 67
85 55

Nondurable-goods industries
Food and kindred products 9
Meat products..
Dairy products
Canning and preserving
B akery products
Beverages

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

do
do._ _
do
do_-_
do
do

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




61. 78
57 60
55 97
53 73

71
66
25
61

r

61
r 58
56
54

T

113 57

r 91 21

106 81

r 58 21

55 73

90
76
88
95

37
44
62
53

do. ._

61.53

62.11

61.79

61.93

62.55

62.35

62.86

63.82

63 74

63 89

63 78

63 67

63 75

do . do
do

42.43
42.95
51.69

42.23
42.42
49.90 !

42.43
41 90
48. 39

42.63
42 61
50.94

42.74
42 61
50.82

42.63
42.29
50.56

43.14
42 91
50.05

42.42
42 59
49.92

42 32
42 59
48.90

42 63
42 69
49.54

42 21
43 20
52^26

43 23
43 93
52^79

43 20
43 93
52^40

P 92 93
p 59 06

SUKVEY OF CUEEENT BUSINESS

August 1957

S-15

1956

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

June

July

1957

DecemOctober NovemAugust September
ber
ber

January

February

March

April

May j June

July

*>2 08

EMPLOYMENT AND POPULATION—Continued
WAGES— Continued
Average hourly gross earnings (U. S. Department of
Labor) :f
All manufacturing industries
dollars
Excluding overtime* -do
Durable-goods industries
- do
Excluding overtime*
do
Ordnance and accessories
do
Lumber and wood products (except furniture)
dollars. .
Sawmill*? and Dlan ing mills
do
Furnitur0 and
fixtures
do
Stone clay, and glass products
do
Primary metal industries 9
do
Blast furnaces, steel works, and rolling mills
dollars _ _
Primary smelting and refining of nonferrous
metals
dollars
Fabricated metal prod, (except ordnance, machinery, transportation equipment) .-dollars. .
Machinery (except electrical)
do
Electrical machinery
do
Transportation equipment 9
Automobiles
-Aircraft and parts
Ship and boat building and repairs
Railroad equipment
Instruments and related products
Miscellaneous mfg industries

do
do
do
do
do
-do
do

1.97
1.91
2.09
2.02
2.20

1.96
1.90
2.07
2.01
2.20

1.98
1.91
2.10
2 03
2.20

2.01
1.93
2.14
2 06
2.23

2.02
1.94
2.15
2.06
2.25

2.03
1.96
2.16
2 08
2.25

2.05
'1.98
2.18
2 09
2.27

2.05
1.98
2.18
2 10
2 28

2.05
'1.99
2 17
2 10
2 29

2 05
1 99
2 18
2 11
2 30

2
2
2
2
2

05
00
18
11
31

2.06
2.00
2.18
2 12
r
2. 31

2.07
2.01
2.19
2 13
2.33

1.81
1.82
1.69
1.96
2.34

1.80
1.82
1.68
1.97
2.28

1.81
1.82
1.70
1.97
2.36

1.81
1.82
1.72
1.98
2.43

1.79
1.80
1.73
1.99
2.42

1.77
1.78
1.72
2.01
2.44

1.74
1.75
1.73
2.01
2.45

1.72
1.73
1.72
2.02
2 47

1.73
1.74
1 73
2.01
2 46

1.77
1 77
1 73
2 02
2 46

1.80
1 78
1 72
2 01
2 46

1.82
1.80
1.73
2.02
2.46

1.85
1.83
r
1 74
r
2.04
r
2 48

2.48

2.52

2.61

2.59

2.61

2.62

2.66

2.62

2 62

2 63

2.61

2.64

2.24

2.24

2.29

2.28

2.28

2.29

2.30

2 29

2 30

2 31

2.32

2 33

2.06
2.19
1.97

2.05
2.20
1.98

2.07
2.21
1.98

2.11
2.25
2.01

2.13
2.25
2.02

2.12
2.25
2.03

2.14
2.27
2.05

2.13
2.27
2.05

2.13
2.27
2 05

2.14
2 28
2 06

2.15
2 28
2 06

'2.16
2.28
2.05

2.17
'2.30
r
2 07

*2.18
i>2.30
p 2 07

2.29
2.30
2.28
2.24
2.36
2.00
1.74

2.30
2.32
2.29
2.24
2.37
2.02
1.74

2.31
2.34
2.30
2.27
2.33
2.02
1.74

2.36
2.44
2.31
2.29
2.40
2.05
1.76

2.37
2.45
2.31
2.29
2.42
2.05
1.78

2.39
2.47
2.32
2.33
2.38
2.05
1.78

2.43
2.51
2.34
2.35
2.44
2.07
1.79

2.38
2.43

2 38
2 41
2 35
2 37
2 47
2 10
1 81

2 37
2 39
2 36
2 36
2 48
2 10
1 81

2.37
2.40
2.33
2.39
2.47
'2.10
1.81

r

2 40
2.45
2 35
2.38
2 49
'2.11
r
1 80

v2 41

2.33
2.45
2.08
1.81

2 37
2.41
2 33
2.36
2 45
2.09
1 81

1.81
1.75
1.80
1.98
1.74
1.56
1.82
2.15

1.82
1.76
1.81
2.00
1.76
1.57
1.83
2.13

1.84
l. 78
1.89
2.12
1.77
1.56
1.85
2.16

1.86
1.80
1.90
2.11
1.79
1.61
1.83
2.16

1.86
1.81
1.92
2.14
.81
.64
.84
.16

1.86
1 81
1.93
2.15
1.80
1 63
1.85
2.17

1 87
1 81
1 93
2 13
1 81
1 66
1 84
2 19

1 87
1 82
1 93
2 13
1 81
1 68
1 85
2 19

1.88
1.83
1.94
2.12
1.82
1.66
1.87
2.21

1 89
1 83
'1 93
2.12
1 83
1 62
1 88
2.25

p 1.90

r

p 1 62
p 1.50

1.82
1.76
1.83
2.00
1.75
1.55
1.81
2.16

2 V^

Tobacco manufactures
do
Textile-mill products 9
-__do__
B road-woven fabric mills
do
Knitting mills
- - do__
Apparel and other finished textile products
dollars. Paper and allied products
do
Pulp paper and paperboard mills
do
Printing, publishing, and allied industries. -do
Chemicals and allied products
do
Industrial organic chemicals
do

1.52
1.44
1.38
1.42

1.51
1.44
1.38
1.42

1.42
1.44
1.38
1.42

1.38
1.45
1.39
1.43

1.39
1.49
1.44
1.43

1.45
1.50
1.46
1.44

1.48
1.50
1 46
1.44

.49
.50
.45
.45

1 49
1.50
1 45
1.45

1 53
1 50
1 45
1 46

1 55
1 50
1 45
1 45

1.58
1.50
1.45
1.46

1.45
1.93
2.05
2.43
2.12
2.27

1.46
1.96
2.09
2.43
2.13
2.28

1.48
1.96
2.10
2.43
2.14
2.28

1.48
1.97
2.11
2.46
2.14
2.30

1.49
1.98
2.12
2.45
2.14
2.29

1.48
1.98
2.12
2.45
2.15
2.30

1.50
1.99
2.13
2.46
2.16
2 31

1.49
1.99
2.12
2.46
2.16
2.31

1.49
2 00
2.13
2.48
2. 17
2 32

1.50
2 00
2 13
2.49
2 17
2 33

1.48
2 00
2 13
2.49
2 17
2 33

1.48
'2.01
2.13
2.51
2.20
2.35

Products of petroleum and coal
Petroleum refining
Rubber products
Tires and inner tubes
Leather and leather products
Footwear (except rubber)

2.55
2.67
2.14
2.50
1.50
1.45

2.56
2.68
2.16
2.51
1.49
1.45

2.54
2.66
2.17
2.53
1.50
1.46

2.59
2.70
2.20
2.55
1.51
1.46

2.57
2.67
2.20
2.56
1.51
1.46

2.57
2 67
2.17
2 55
1.52
1.46

2.57
2 67
2.24
2 62
1.52
1.46

2.59
2 68
2.23
2 60
1.52
1.47

2.56
2 65
2.22
2 59
1.53
1.48

2 57
2 66
2 21
2 56
1 54
1 49

2 59
2 68
2 19
2 58
1 54
1 49

2.61
2 71
2.22
2 58
1.54
1.49

2.28
2.63
2.83

2.27
2.59
2.83

2.31
2.62
2.77

2.36
2.60
2.80

2.33
2.68
2.92

2 SS
2 69
2.95

2.34
2 96
2.98

2.34
2 94
2.95

2 35
2 98
2 93

2 36
2 87
2 93

2 38
2 96
3 02

2.38
2 88
3 01

2 40
2 94
3 04

2.49
1.93
2.70
2.48
2.78

2.53
1.93
2.71
2.49
2.79

2.47
1.94
2.74
2.51
2.81

2.54
1.96
2.77
2.53
2.84

2.49
1.97
2.79
2,55
2 86

2.50
1.96
2 80
2.54
2 87

2.52
1.96
2 82
2 55
2 89

2.52
1.96
2 84
2 55
2 92

2.51
1 95
2 84
2 56
2 91

2 50
1 95
2 84
2 55
2 91

2 50
1 96
2 85
2 58
2 92

2.58
1 98
2 86
2 61
2 94

2
2
2
2
2

1.96
1.86
2.03
2.22

1.98
1.86
2.02
2.23

1.97
1.85
2.03
2.23

1.98
1.86
2.03
2 24

1.98
1.86
2 03
2 26

1.99
1 88
2 02
2 27

2 00
1 92
2 02
2 28

2 02
1 91
2 07
2 27

2 02
1 92
2 08
2 27

2 02
1 92
2 09
2 28

2 03
1 93
2 08
2 30

2 03
1 94
2 10
2 30

2 04
1 95
2 10
2 33

2.02

2.03

2.02

2.04

2 03

2 05

2 06

2 06

2 06

2 07

2 07

2 09

2 10

1.58
1.26
1.69
1.89

1.59
1.26
1.70
1.89

1.58
1.25
1.69
1.88

1.59
1.26
1.71
1.87

1.59
1.26
1.71
1.85

1.59
1.25
1.72
1.87

1.55
1.21
1.71
1.87

1.61
1.27
1.73
1.88

1.61
1.28
1 74
1.88

1 62
1 28
1 74
1 89

1 62
1 29
1 74
1 90

1.64
1 31
1 76
1.92

1 65
1 33
1 77
1 94

1.04
1.05
1.27

1.03
1.05
1.26

1.04
1.05
1.27

1.05
1.06
1.28

1 05
1.06
1.28

1 05
1.06
1.28

1 06
1.07
1.28

1 05
1.07
1.29

1 05
1 07
1.28

1 05
1 07
1 28

1 05
1 08
1 30

1 07
1 09
1 31

1 08
1 09
1 31

2.168
3.366

2.187
3.391

2.192
3.412

2.192
3.416

2.192
3.423

2.192
3.433

2.192
3.433

2.212
3 458

2.220
3 459

2.220
3 462

2.225
3 467

2.256
3 488

2.286
3 510

2.115

.91
2.107
1.76

2.097

2.143

.82
2.100
1.90

2.191

2.216

.95
2.198
1 86

2.240

2.208

92
2.212
1 82

2,236

do
do
__do
do
do
do

Nonmanufacturing industries:
Mining:
Metal
_
do
\nthracite
do
Bituminous coal
.
do
Crude-petroleum and natural -gas production:
Petroleum and natural-gas prod
dollars _ _
Nonmetallic mining and quarrying
. -do
Contract construction
do
Nonbuilding construction
_
do
Building construction
- -- do
Transportation and public utilities:
Local railways and bus lines
do
Telephone
do
Telegraph
do
Gas and electric utilities
do
Wholesale and retail trade:
Wholesale trade
- do. _.
Retail trade (except eating and drinking places) 9
dollars- _
General-merchandise stores
...do
Food and liquor stores
do
Automotive and accessories dealers
do
Service and miscellaneous:
Hotels, year-round
do
Laundries _
do. _
Cleaning and dyeing plants
do
Miscellaneous wage data:
Construction wage rates (ENR):§
Common labor
dol. per hr._
Skilled labor
...do
Farm wage rates, without board or room (quarterly)
dol. per hr
Railway wages (average, class I)
do
Road -build ing wages, common labor (qtrly). do.

pl.81
f> 1 74
P 2 05
»2 51

2.48

1.81
'1.75
1.83
2.00
1.74
1.54
1.81
2.14

-

p 2 37

2.19

__do__
do
do _
do. _ _
__do .
do
do
.-do

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

p 2 20

r

P

r

1.83
1.77
1.84
2.02
1.76
1.60
1.83
2.14

r

r

1 59
1 50
1 45
1 46

'1.49
2 03
2.17
2.51
2 23
2 38

P2.12
p 1 81
p 1.93

p 1.49
p 2 05

P2.50
?2. 25

r

2 66
P 2 67
2 77
p 2 25
'2 23
2 58
' 1 54 p 1 53
1.49

65
00
87
62
95

2.299
3 543
93

' Revised.
*> Preliminary.
f See note marked " t" on p. S-ll.
9 Includes data for industries not shown.
*New series. Excludes only overtime earnings paid at one and one-half times the straight-time rates for hours in excess of normally scheduled hours. No adjustment is made for other premium-payment provisions, e. g. holiday work, late-shift work, and overtime rates other than time and one-half. Revision for February 1956 for total manufacturing industries, $1.86. Data prior
to 1955 will be shown later.
§ Rates as of August 1,1957: Common labor, $2.333; skilled labor, $3.584.




SURVEY OF CUEEENT BUSINESS

S-16
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

August lO.j

1956

June

July

1957

DecemOctober NovemAugust September
ber
ber

January

February

March

April

May

June

July

FINANCE
BANKING
Acceptances and commercial paper outstanding:
Bankers' acceptances
mil. of dol__
Commercial paper
do
Agricultural loans and discounts outstanding of agencies supervised by the Farm Credit Adm.:
Total
mil. ofdol__
Farm mortgage loans: Federal land banks... do
Loans to cooperatives
- - _do____

684
476

723
509

772
548

805
549

843
573

924
568

967
506

1,012
548

992
555

1,019
489

1,018
466

984
483

979
454

2,924
1,638
352
934

2,956
1,656
356
943

2,987
1,675
375
937

2,980
1,689
397
893

2,966
1,709
441
816

2,960
1,724
462
774

2,971
1,744
457
770

3,003
1,763
454
786

3,062
1.788
444
829

3,120
1,817
423
880

3,185
1,836
411
938

3,234
1,855
389
990

3,287
1,870
384
1,033

do
do

186, 540
70, 733
38,937

181, 284
65, 873
38, 653

183, 819
67, 279
38, 206

167, 154
61, 223
34, 057

193, 140
70,794
40, 148

185, 223
66, 989
39,425

201, 876
77,495
40, 912

204, 435
76, 460
42, 596

177, 468
67, 035
36, 886

197, 158
74, 786
42, 113

192, 628
72, 328
40, 182

197, 181
71, 780
42, 128

193, 303
74, 512
39, 942

Federal Reserve banks, condition, end of month:
Assets total 9
-do
Reserve bank credit outstanding, total 9
do
Discounts and advances
_
_do_
United States Government securities
do
Gold certificate reserves
. » -do

50, 717
25,219
232
23,758
21, 109

50, 327
24, 868
452
23, 438
21, 151

50, 593
25, 480
832
23,854
21, 179

51, 309
25, 487
664
23, 680
21, 197

51, 391
25, 236
538
23, 767
21, 223

52, 145
26, 267
518
24, 385
21,227

52, 910
26, 699
50
24, 915
21, 269

51, 853
25, 195
668
23, 421
21, 562

51, 387
24, 704
595
22, 887
21, 626

61, 016
24, 970
994
23, 149
21, 627

51, 494
24,960
829
23, 169
21, 635

51, 362
51, 618
24, 816
25, 224
1,170
558
23, 108 ' 23, 035
21, 945
21, 932

50, 717
19, 575
18, 443
-6
26, 367

50, 327
19, 416
18, 308
204
26, 370

50, 593
19, 911
18, 888
511
26, 510

51, 309
19, 927
18, 831
381
26, 546

51, 391
19, 734
18, 668
209
26, 567

52, 145
20, 209
19, 208
489
27, 064

52, 910
20, 249
19, 059
-30
27, 476

51, 853
20, 203
18, 882
365
26, 698

51, 387
19,566
18, 576
282
26, 556

51, 016
19, 835
18, 629
117
26, 454

51, 494
19, 983
18, 864
276
26, 323

51, 618
20, 252
19, 049
••698
26, 476

51, 362
19,630
18, 376
-•-167
26, 682

51,753
19, 795
18,630
P352
26, 671

45.9

46.2

45.6

45.6

45.8

44.9

44.6

46.0

46.9

46.7

46.7

46.9

47.4

47.2

56, 210

55, 556

55, 381

54, 915

56, 069

56, 632

57, 629

58, 076

56, 370

55, 118

56, 213

55, 149

54, 376

55, 550

57, 960
4, 367
3,420

57, 492
4,168
2,085

57, 026
3,928
3,648

57, 448
3,800
3,010

58, 980
4,007
2,303

59, 296
3,909
2,877

61,966
4,183
2,181

59, 951
4,211
790

59, 228
4,099
1,554

57, 179
4,045
3,946

58, 635
4,545
2,822

57,383
4,439
3,214

57, 308
4,238
5,004

58, 276
4,169
2,381

Time, except interbank, total 9...do
Individuals, partnerships, and corporations
mil. of dol-States and political subdivisions
do
Interbank (demand and time).
do

20, 859

20, 780

20, 844

20,921

20, 912

20, 640

21,017

21, 336

21,554

22, 083

22, 114

22, 372

22, 484

22, 529

19, 652
1,031
12, 966

19, 596
1,004
13, 359

19, 661
1, 005
12, 909

19, 760
971
13,844

19, 794
929
13, 653

19, 556
898
13, 609

19, 919
916
15, 609

20, 214
939
12, 625

20, 407
964
12, 775

20, 897
1,004
13, 373

20, 870
1,063
13, 098

21, 082
1,111
12, 253

21, 171
1,125
13, 482

21, 219
1,123
13, 352

Investments total
do
U. S. Government obligations, direct and guaranteed, total
_
mil. of dol__
Bills
.
.
.
d o
Certificates
do
Bonds and guaranteed obligations.
_do
Notes _ _.
do
Other securities
do

34, 478

33, 684

34,421

33,857

33, 668

33, 746

34, 259

33, 521

33, 259

34, 309

33, 675

33, 486

33, 909

32, 797

26, 582
683
358
19, 505
6,036
7,896

25, 978
498
350
19, 242
5,888
7,706

26, 576
548
1,187
19, 123
5,718
7,845

25, 979
486
953
18, 943
5,597
7,878

25, 961
818
790
18, 895
5,458
7,707

26, 141
1,260
762
18,840
5,279
7, 605

26, 774
2,093
703
18, 756
5,222
7,485

26, 101
1,681
680
18,658
5,082
7,420

25, 723
1,461
746
18, 638
4,878
7,536

26, 635
1,243
1,608
18, 569
5,215
7,674

26, 034
1,125
1,311
18, 458
5,140
7,641

25, 878
1,665
1,581
18, 394
4,238
7,608

26, 296
2,320
1,475
18, 272
4,229
7,613

25, 241
1,504
1,342
18, 188
4,207
7,556

Loans (adjusted), totalG
do _
Commercial, industrial, and agricultural
do
To brokers and dealers in securities
do
Other loans for purchasing or carrying securities
mil. of dol._
Real-estate loans
do
Other loans
do

51, 144
28, 845
2,380

50, 925
28, 734
2,269

51,120
29, 168
1,948

51, 798
29,849
1,930

51, 992
29,931
1,975

52, 461
30, 407
1,915

53, 375
31, 137
2,130

51, 776
30,260
1,689

51, 779
30, 314
1,760

52, 944
31, 322
1,952

53,454
31, 450
2,113

52, 756
31,077
1,765

54, 310
32, 329
1,889

53, 568
31, 738
1,660

1,271
8,606
10, 899

1,255
8,671
10,864

1,235
8,738
10,895

1,230
8,794
10, 871

1,208
8,857
10,900

1,205
8,855
10, 956

1,208
8,839
11, 069

1,182
8,790
10, 868

1,148
8,762
10, 813

1,152
8,691
10, 873

1,173
8,679
11,086

1,156
8,661
11, 144

1,177
8,651
11, 316

1,142
8,675
11, 412

Bank debits total (344 centers)
New York City

..

Liabilities total 9
Deposits total 9
Member-bank reserve balances _ >
Excess reserves (estimated)..
Federal Reserve notes in circulation _

do
do
_do _
do
_do

Ratio of gold certificate reserves to deposit and FR
note liabilities combined
percent. _
Federal Reserve weekly reporting member banks,
condition, Wednesday nearest end of month:
Deposits:
Demand, adjusted© ._
mil. ofdol
Demand, except interbank:
Individuals, partnerships, and corporations
mil. of dol__
States and political subdivisions.
do .
United States Government
do

Money and interest rates :§
Bank rates on business loans:
New York City
11

th

n nr>d wpstprn ritiV<?

4.38
4.23
4.40
4.60

51,753
24, 691
420
23,355
21, 946

r\r>

4.14
3.97
4.15
4.38

do
do
do

2.75
3.31
4.29

2.75
3.33
4.33

3.00
3.34
4.33

3.00
3.42
4.46

3.00
3.51
4.46

3.00
3.71
4.50

3.00
3.89
4.63

3.00
3.98
4.75

3.00
4.11
4.79

3.00
4.19
4.96

3.00
4.20
5.04

3.00
' 4.22
5.08

3.00
4.25
5.17

do
do _
do

2.45
3.38
4.00

2.43
3.27
4.00

2.65
3.28
4.14

2.88
3.50
4.38

2.88
3.63
4.38

3.05
3.63
4.38

3.35
3.63
4 38

3.38
3.63
4.38

3.38
3.63
4.38

3.27
3.63

3.20
3.63

3.25
3.63

3.36
3.79

3.38
3.88

2.527
2.87

2.334
2.97

2.606
3.36

2.850
3.43

2.961
3.29

3.000
3.49

3.230
3.65

3.210
3.40

3.165
3.33

3.140
3.38

3.113
3.48

3.042
3.60

3.316
3.77

3.165
3.89

17, 092
1,765

17, 098
1,742

17, 135
1,720

17, 227
1,699

17, 247
1,681

17,372
1,665

17, 626
1,649

17, 611
1,621

17, 657
1,598

17, 795
1,573

17, 780
1, 542

17, 895
P 1, 511

18, 058
v 1, 463

18, 023

39, 454

39, 478

39, 878

40,074

40, 196

40,631

41, 863

40, 916

40, 513

40,503

41, 015

41, 707

42, 245

30, 084

30, 297

30, 644

30, 707

30,811

31, 024

31, 552

31, 298

31, 233

31,273

31, 532

31,901

32, 344

do

Discount rate (N Y F R Bank)
Federal intermediate credit bank loans
Federal land bank loans
Open market rates, New York City:
Acceptances, prime, bankers' 90 days
Commercial paper, prime. 4-6 months.
Call loans renewal (N Y S E )
Yield on U. S. Govt. securities:
3-month bills
. _
3-5 year taxable issues

4.35
4.20
4.39
4.53

200, 547
74,509
41, 711

.do
do

Savings deposits, balance to credit of depositors :
New York State savings banks
mil. ofdol..
U S postal savings^
- do

4
4
4
4

38
22
40
58

4 40
4.23
4 39
4 65

r

CONSUMER CREDIT J
(Short- and Intermediate-term)
Total outstanding end of month
Installment credit, total

mil of dol

_
. do ..
14, 501
14, 436
14, 389
14, 659
14, 410
14, 449
14, 533
14, 381
14, 852
15, 092
14, 478
14, 530
Automobile paper
do __ 14, 255
7,805
7,698
8,139
7,938
7,752
7,421
7,671
7,601
7,497
7,731
7,493
7,417
7,806
Other consumer-goods piper
do
1,754
1,759
1,793
1,772
1,797
1,734
1,783
1,781
1,758
1,801
1,760
1,700
1,710
Repair and modernization loans
do
7,184
7,259
7,320
7,535
7,442
7,199
6,951
7,026
6,919
6,887
6,712
6,785
7,645
Personal loans
do
r
Revised.
v Preliminary.
<? Includes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles.
Q Includes data not shown separately.
©For demand deposits, the term "adjusted" denotes exclusion of interbank and U. S. Government deposits and of cash items reported as in process of collection; for loans, exclusion of
loans to banks and deduction of valuation reserves (individual loan items are gross, i. e., before deduction of valuation reserves).
§ For bond yields, see p. S-20
^Data through June 1956 are as of end of month; thereafter, as of end of consecutive 4-week periods ending in month indicated.
I See corresponding note on p. S-17.




SURVEY OF CUKRENT BUSINESS

August 1957

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

S-17

1956
June

July

1957

October Novem- DecemAugust September
ber
ber

January

February

March

April

May

June

July

FINANCE—Continued
CONSUMER CREDIT*— Continued
(Short- and Intermediate-term)
Total outstanding, end of month— Continued
Installment credit, total— Continued
By type of holder:
Financial institutions, total
mil. of dol
Commercial banks
do _
Sales-finance companies
do. _.
Credit unions
~
do
Consumer finance companies
_._do ._.
Other
do
Retail outlets, total
Department stores
Furniture stores
Automobile dealers—
Other
Noninstallment credit, total

25, 963
11,394
8,765
1,848
2,845
1,111

26, 193
11, 476
8,849
1,880
2,880
1,108

26, 475
11, 548
8,953
1,933
2,920
1,121

26, 551
11, 548
8,989
1,960
2,924
1,130

26,635
11, 606
8,973
1,994
2,938
1,124

26 846
11 634
9,075
2 021
2,961
1 155

27 038
11 682
9,100
2 048
3,049
1,159

26 931
11, 616
9,077
2,045
3,041
1,152

26, 967
11,641
9,035
2,074
3,051
1,166

27 101
11, 711
9,048
2 108
3,056
1,178

27 493
11,960
9,104
2,154
3,095
1,180

27 810
12, 123
9,176
2,194
3,110
1,207

28 205
12, 300
9,300
2,255
3,142
1,208

do do
do _
do
do

4,121
1,247
973
562
1, 339

4,104
1,239
967
568
1,330

4,169
1,286
973
575
1,335

4,156
1,269
970
576
1,341

4,176
1,269
974
574
1,359

4 178
1,230
988
573
1 387

4 514
1,407
1, 020
572
1,515

4,367
1,380
975
568
1,444

4,266
1,345
957
568
1,396

4,172
1,298
936
570
1,368

4,039
1,170
922
575
1,372

4,091
1,222
923
581
1,365

4,139
1,243
923
590
1,383

. . _ do__

_
__ _

Single-payment loans Charge accounts
Service credit
_
By type of holder:
Financial institutions
Retail outlets
Service credit —

- -

Installment credit extended and repaid:
Unadjusted:
Extended total
Automobile paper _._
Other consumer-goods paper
All other
Repaid, total
Automobile paper Other consumer-goods paper
All other
Adjusted:
Extended, total
Automobile paper
Other consumer-goods paper
All other
-

_

Repaid, total
Automobile paptT
Other consumer-goods paper
All other

9,370

9,181

9,234

9,367

9,385

9 607

10 311

9,618

9,280

9 230

9,483

9,806

9,901

do
do
do

3,335
3,804
2,231

3,261
3,674
2,246

3,295
3,696
2,243

3,361
3 780
2 226

3,310
3 875
2,200

3 401
4 029
2 177

3 421
4 702
2 188

3,360
4 085
2,173

3,433
3 662
2,185

3,527
3 500
2,203

3,536
3,687
2,260

3,741
3,785
2,280

3,702
3 903
2 296

do
- - do
-do

3.335
3,804
2,231

3,261
3,674
2,246

3 295
3,696
2,243

3 361
3 780
2,226

3 310
3,875
2,200

3 401
4 029
2 177

3 421
4 702
2,188

3 360
4,085
2,173

3 433
3,662
2,185

3 527
3 500
2,203

3 536
3, 687
2,260

3,741
3,785
2,280

3 702
3 903
2,296

do
___do
do
do

3,390
1,391
883
1,116

3,316
1,337
872
1,107

3,504
1,393
952
1,159

2 981
1 150
840
991

3 382
1,284
1 010
1,088

3 387
1 225
1 037
1 125

3 735
1 195
1 266
1,274

3 079
1,258
777
1,044

2 954
1,214
727
1,013

3 319
1,374
809
1,136

3 558
1,460
856
1,242

3,709
1,511
966
1,232

3 638
1,490
946
1,202

do
do__
do
...do _

3,069
1,195
867
1,007

3,103
1,211
868
1,024

3 157
1,244
880
1,033

2 918
1 147
836
935

3 278
1 339
906
1, 033

3 174
1 254
886
1 034

3 207
1 208
879
1 120

3 333
1,305
978
1,050

3 019
1,193
860
966

3 279
1 283
916
1 080

3 299
1,302
883
1, 114

3,340
1,318
906
1,116

3 195
1 250
871
1 074

do
_ do _
do
do .

3,049
1, 175
839
1,035

3,293
1,246
925
1,122

3 350
1,258
951
1,141

3 153
1 191
883
1 079

3 363
1 308
942
1,113

3 453
1 354
973
1 126

3 368
1 311
939
1 118

3 512
1 477
899
1 136

3 496
1 426
914
1 156

3 299
1 324
878
1 097

3 505
1,389
896
1,220

3,485
1,349
948
1,188

3 412
1 314
939
1 159

do
do
do _ ._
do

3,006
1,156
868
982

3,158
1,227
890
1,041

3,145
1 212
891
1 042

3 085
1 184
892
1 009

3,182
1 283
882
1,017

3 160
1 231
904
1 025

3 185
1 236
918
1 031

3,311
1 326
935
1 050

3 214
1 286
874
1 054

3 160
1 244
875
1 041

3,301
1 317
860
1, 124

3,274
1,303
880
1,091

3 251
1 258
905
1 088

12, 598
11, 601
57
11, 255
967
319

3,927
3,485
63
2,601
970
292

5 959
4 954
64
4,772
1,030
93

6 897
6 218
60
5,846
869
122

3 660
3,184
75
2,185
1,149
250

5 705
4 818
63
4 478
1 014
150

5 898
5 412
59
4 570
894
374

5 279
4 809
64
3 903
978
333

7 486
6 188
53
6 313
963
157

12 145
10 737
66
10 887
1,063
129

6 142
4,256
65
4,799
1,008
270

7,759 P 12 779
5,282 v 11 648
P 58
64
6,403 v 11 364
1,146
j>964
147
v 392

6,937
602
403
4,478
1,453

5,542
627
361
2,945
1,609

5,902
567
369
3,608
1,357

4,918
570
353
3,152
843

5,995
582
396
3,750
1,267

5 726
580
407
3,564
1,175

5 718
631
405
3,576
1,106

6,095
651
410
3,741
1,293

5,743
585
407
3,576
1,175

5,584
601
414
3,700
869

5,987
604
419
3 913
1,051

5,944
604
444
3,750
1,146

272, 751
269, 883
224, 769
45, 114
2,868

272, 645
269, 972
224, 618
45, 353
2,674

275, 565
272, 959
226 905
46, 054
2,606

274, 261
271, 660
225 827
45, 834
2,601

275, 283
272, 720
227, 238
45, 482
2,563

277, 017
274 471
228 749
45 722
2 546

276, 628
274 219
228 581
45 639
2 408

276, 229
273, 698
228 367
45, 331
2 531

276, 269
273 919
228 449
45 470
2 350

274, 999
272, 773
227 169
45, 603
2 226

FEDERAL GOVERNMENT FINANCE
Budget receipts and expenditures:
Receipts total
Receipts, net
Customs
Income and employment taxes _
M iscellaneous in ternal revenue
All other receipts
Expenditures, total
Interest on public debt
Veterans' services and benefits
Major national security
All other expenditures

mil. of dol
do
do
. do_.
do
do .
do
do
do
do
do

Public debt and guaranteed obligations:
Gross debt (direct), end of month, total
do
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 through K
do
Redemptions.,
do

527
486
658
827
042

272 469
270 595
224 272
46 323
1 874

74

74

79

85

89

94

103

107

109

109

103

103

107

107

57, 717
484
749

57, 661
436
582

57, 583
355
523

57, 439
414
644

57 231
389
692

57 018
390
728

56 570
496
1,070

56 317
386
728

56 068
384
723

55 836
389
707

55 586
394
737

54 996
362
1 076

54 631
400
890

i 69, 143
20, 331
7,160
3,391
8,229
2,208

21, 812
3,719
3,695
17, 463
12, 117

20, 949
3,720
3,668
10, 028
10, 447

do
do
do
do
do

270
268
221
46
2

57, 857
437
815

Federal business-type activities, end of quarter:!
Assets, except interagency, total.. ___ mil. ofdol__ i 78, 677
19, 871
Loans receivable, total (less reserves)
do
6,790
To aid agriculture
-_
do
3,299
To aid homeowners
do
8,172
Foreign loans
do
2,208
All other
_
do
Commodities, supplies, and materials
U. S. Government securities
Other securities and investments
Land, structures, and equipment
All other assets.

274, 008 275, 234
272, 066 273, 074
226 915 226 937
46, 137
45, 151
2,160
1 942

v 6 190
P 646

1

69, 873
20, 657
6 752
3 680
8,223
2 311

i 69 895
21, 353
7 261
4 076
8 237
2 107

21, 375
3,739
3,669
9, 985
10, 448

21 303
3 923
3,729
9 875
9 713

1
1
i 5, 944
Liabilities, except interagency. total
do
6, 240
6, 438
i 6 755
2,799
Bonds, notes, and debentures
do
2,656
2,778
3 043
3,584
3,145
Other liabilities
do
3 660
31 713
Private proprietary interest
do
1692
1980
*918
775
1
U. S. Government proprietary interest
do
i 71, 457
i 62, 506
62, 516
i 62, 364
r
Revised.
» Preliminary.
1 See note marked "t".
t Revised to adjust to new survey and census information. For credit outstanding, the revisions begin with 1948 (except data for consumer finance companies which are separately available
from September 1950 only); for credit extensions and repayments, the revisions begin with 1940. See the October 1956 Federal Reserve Bulletin for all revisions prior to September 1955
t Figures beginning with the 1st quarter of 1956 are not comparable with those through 1955. They are the revised series reflecting expanded coverage and new classification of agencies now
reporting to the Treasury under Department Circular No. 966. Moreover, the 1956 and later data are not directly comparable from quarter to quarter, since activities covered vary the June
1956 figures include data for certain agencies (with total assets of $11,880 million) presently reporting only on an annual basis. The revised data cover the condition of public-enterprise and
intragovernmental funds, certain other activities of the U. S. Government, and certain deposit and trust revolving funds. Interagency items are excluded except in the case of trust revolving
funds.




August is©1;

SUEVEY OF CUERENT BUSINESS

S-18
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

1956

June

July

1957

DecemOctober NovemAugust September
ber
ber

January

February

March

April

May

June j July

FINANCE—Continued
LIFE INSURANCE
Institute of Life Insurance:
Assets, total, all U. S. life insurance companies
mil. of dol
Bonds (book value), domestic and foreign, total
mil. of dol
U S Government
do
State, county, municipal (U. S.)
do
Public utility ( U S )
do
Railroad (U. S.)
_
...
do
Industrial and miscellaneous (U. S.)
do
Stocks (book value) , domestic and foreign, total
mil. of dol
Preferred (U. S.)
„
. do
Common (U S )
do
Mortgage loans, total
_
do
Nonfarm
do
Real estate
.
do
Policy loans and premium notes
do
Cash
_.
.
do
Other assets
do
Life Insurance Agency Management Association:
Insurance written (new paid-for insurance):©
Value, estimated total _
.mil. of dol
Group and wholesale
do
Industrial
do
Ordinary total®
_
do
New England
do
Middle Atlantic
do
East North Central
do
West North Central
do
South Atlantic
do
East South Central
do
West South Central
_
do
Mountain
.do
Pacific
do
Institute of Life Insurance:
Payments to policyholders and beneficiaries, estimated total
mil. of dol
Death benefits .__ _
__ do
Matured endowments
do
Disability payments
do__
Annuity payments
__
do
Surrender values
do
Policy dividends
_
do
Life Insurance Association of America:
Premium income (39 cos ) quarterly total
do
Accident and health
do
\nnuities
do
Group
do
Industrial
do
Ordinary
.
_ do

a 92, 876

93, 580

93, 992

94, 411

94, 869

95, 274

95, 819

96, 316

96, 738

97, 074

97, 488

97, 868

98, 239

a 48, 279
7,921
a 2, 148
13, 762
3,854
18. 059

48, 594
7,886
2,191
13, 835
3,853
18, 256

48, 665
7,778
2,206
13, 903
3,853
18, 340

48, 799
7,805
2,213
13, 905
3,850
18, 426

48, 970
7,850
2,218
13, 914
3,845
18, 537

48, 983
7,749
2,229
13, 963
3,842
18, 581

49, 058
7 532
2,237
13 997
3,839
18 807

49, 324
7 588
2,244
14, 030
3,838
18, 951

49, 470
7, 544
2,244
14, 049
3,837
19 084

49, 564
7,427
2,251
14, 110
3,840
19, 204

49, 767
7,430
2,264
14, 157
3,838
19,314

49, 899
7,340
2,290
14, 182
3,843
19, 442

50, 014
7,270
2,290
14, 259
3,841
19, 541

« 2, 964
a 1, 726
°1 226
31, 284
28 884
« 2. 673
3 409
1,078
3 189

2,995
1,727
1 254
31, 612
29 188
2,711
3 400
1,093
3 175

2,998
1,724
1,260
31, 897
29, 454
2,727
3,420
1,064
3,221

2,968
1,700
1,253
32,111
29, 656
2,748
3,440
1,077
3,268

2,962
1,700
1,247
32, 399
29, 938
2,778
3,461
1,093
3,206

2,970
1,701
1,254
32, 709
30, 243
2,813
3,483
1,109
3,207

2,906
1,634
1 257
33, 017
30 546
2,809
3 503
1,273
3,253

2,921
1,632
1 273
33, 279
30, 810
2,841
3,523
1,141
3.287

2,933
1,627
1,287
33, 479
31, 001
2,865
3,547
1,103
3,341

2,941
1,628
1,294
33, 672
31, 179
2,883
3,575
1,056
3,383

2,951
1,629
1,303
33, 840
31, 334
2,907
3,606
1,080
3,337

2, 958
1,630
1,309
34, 022
31, 498
2,948
3 633
1,058
3 350

2,956
1,620
1,317
34, 159
31, 620
2,983
3,657
1,118
3,352

4,402
918
558
2,926
189
673
600
225
361
124
275
111
334

4,307
935
521
2,851
184
637
599
221
349
122
256
107
341

4,601
1,164
545
2,892
182
618
622
235
353
125
263
113
347

4,195
985
544
2,666
171
598
572
209
321
119
241
105
299

4,856
967
569
3,320
213
789
701
258
403
139
290
119
369

4,805
866
531
3,408
215
838
732
260
412
145
281
114
370

7,138
2,736
556
3,846
224
919
816
310
442
152
332
160
445

4,338
705
472
3,161
210
738
673
249
364
131
295
110
354

5,000
1,281
509
3,210
211
767
679
250
372
137
283
116
347

5,653
1, 158
563
3,932
250
959
826
301
449
165
346
136
424

5,907
1,510
569
3,828
241
949
788
282
450
168
323
135
412

6,224
1,680
574
3,970
255
983
843
309
458
173
348
150
452

5,545
1,365
521
3,659
234
898
731
297
445
158
332
136
427

a 466. 0
185.8
52.6

469.6
204.7
51.0
9.3
43,8
79 1
81.7

478.3
203.9
49.5
9.3
41.9
84.1
89.6

425.0
171.8
45.9
8.8
38.8
73.1
86.6

516.6
223. 2
57.7
9.9
45.5
95.8
84.5

473.1
197.5
56.3
9.1
44.1
86.0
80.1

590.9
209.0
63.7
8.9
38.1
94.9
176.3

595.9
236.9
66.5
10.9
61.5
98.0
122.1

495.0
207.4
56.4
8.9
41.9
94.4
86.0

575.8
223.8
68.5
10.0
45.8
108.3
119.4

560.8
228.1
63.5
9.8
44.1
110 6
104.7

551 5
233.6
63 2
9.4
44 6
108 7
92 0

515.6
196.4
56.7
9.3
45.0
102.2
106.0

8.9

41.5
81.0
a 96. 2

2, 258. 7
354.4
270.3
249.7
209.2
1, 175. 1

2, 243. 3
357.3
247.5
238 5
213.9
1, 186. 1

2, 673. 1
403.1
358.2
289 0
279.7
1, 343. 2

2, 470. 1
391.5
311.5
284 9
234 3
1, 247. 8

2 389 7
410.0
241 7
266 4
202 7
1, 268. 9

MONETARY STATISTICS
Gold and silver:
Gold:
21, 799
Monetary stock, U S (end of mo )
mil. of dol
29.9
Net release from earmark §
do
'406
Exports.. _ _
thous. of dol
18, 767
Imports
do
77, 700
Production, reported monthly total 9
_ do
52, 200
Africa
do
13, 400
Canada
__
do.
5,100
United States
do
Silver:
••450
Exports..
do
10, 695
Imports
__ d o _ - _
Price at New York..
dol. perfineo z _ _ .905
Production:
Canada©
thous. offineoz._ 2,495
3,032
Mexico
do. _
2,501
United States . .
do
Money supply (end of month) :
Currency in circulation _ _
mil. of dol. . 30, 715
Deposits and currency, total _ . _
do. _ 223, 585
3,115
Foreign banks deposits, net
do
6,827
U. S. Government balances
__
do
213, 643
Deposits (adjusted) and currency, totalt
do
Demand deposits, adjusted^
_ _ _ do. , 104, 744
80, 615
Time deposits, adjusted*!
do
28, 284
Currency outside banks
do
Turnover of demand deposits except interbank and
U. S. Government, annual rate:
47.0
New York City
ratio of debits to deposits. _
28.9
6 other centerscf t
- - do
21.6
337 other reporting centers J
..
do

21, 830
43.9
421
5,262

21, 858
43.2
94
4,804

21, 884
86.9
22, 096
4,091

21,910
—34.3
250
4,845

21, 910
105.7
238
12, 740

21, 949
51.2
353
3,090

22, 252
295.9
88, 386
34 498

22, 304
28.0
41, 787
11, 980

22, 306
16.0
36, 316
27, 511

22, 318
—5.8
189
20, 967

22 620
285 4
144
20 121

52, 800
12, 300
5,900

53, 400
12, 300
6,300

52, 200
12, 400
6,000

52, 700
12, 900
6,200

52, 500
12, 900
5,600

50, 500
12, 800
4,600

53, 200
12, 600
5,000

51,200
12, 000
4,400

54, 400
13,200
5,100

12, 900
4,700

13, 100
5,000

272
11,647
.901

215
11, 723
.906

600
16, 743
.908

968
14, 081
.912

1,329
9,435
.914

272
8,869
.914

2,405
9,101
.914

961
6,396
.914

707
11. 232
.914

1,183
7,958
.914

1 326
5,943
.913

2,267
3,632
3,828

2,315
4,124
3,035

2,517
3,520
2,828

2,379
3,906
3,454

2,430
3,732
2,886

2,357
3,048
3,168

2,143
4,066
2,997

2,005
3,784
2,925

2,308
4,248
3,360

2,199
3, 217
3,735

2,081

30. 604
221, 400
3,100
5,000

30, 757
223, 000
3,100
7,100

30, 768
224, 000
3,200
6,800

30, 839
224, 800
3,100
5,100

31, 424
227, 000
3,400
6,500

30, 519
30, 575
30, 614
30, 585
31, 790
31, 082
30, 836
230, 510 p 226, 400 p 225, 100 p 225, 400 p228, 100 p228 200 *>229, 000
3,306 v 3, 100 p 3, 100 P 3, 100 P 3, 200 p 3, 200 p 3, 400
5,254 P 3, 300 p 3, 900 p 5, 100 P 5, 500 p 6 600 p 6,000

213, 300
105, 200
80, 700
27, 400

212, 800
104, 500
80, 900
27, 500

214, 100
105, 400
81, 300
27, 400

216, 600
107, 400
81, 500
27, 700

217, 200
108, 300
80, 900
28, 000

221, 950
111,391
82, 224
28, 335

* 219, 900
p 109, 500
p 82, 900
v 27, 400

P 218, 000
P 107, 000
p 83, 600
p 27, 400

45.9
29.6
22.4

44.4
27.4
21.3

44.8
27.4
22.0

45.2
28.4
22.1

48.3
31.0
23.6

51.8
29.9
23.3

48.3
30 0
22.8

48.9
30 2
23.0

r

2 486

22, 623
-6.0
304
10 265

1 045
10,820
.905

.903

3,386

p 217, 200 »219, 500 p218, 300 »219, 700
P 105, 200 pl07. 300 pl04 800 Pl05 500
p 84, 600 *84, 900
85 600 p86 400
p 27, 400 ^27, 400
27 POO p27 800
48.7
32.0
22.5

46.9
30.3
22.3

r

47.1
30 5
23. 2

51.4
30 5
23.2

49 5
i 30 5
i 23 6

PROFITS AND DIVIDENDS (QUARTERLY)
Manufacturing corporations (Fed. Trade and SEC):f
3,670
4,246
4,255
4 099
Net profit after taxes, all industries
mil. of dol
314
262
295
224
Food and kindred products
do
82
96
71
Textile mill products
do
66
Lumber and wood products (except furniture)
72
60
35
12
mil of dol
157
171
163
149
Paper and allied products
-do
r
Revised.
» Preliminary.
« Revisions for May 1956 (mil. dol.): Total assets, etc., 92,486; bonds—total, 48,215; State, county, etc., 2,139; stocks—total, 2,975; preferred, 1.727: common,
1,236; real-estate holdings, 2,645; total payments to policyholders, etc. 498.1; policy dividends, 92.2.
© Revisions for insurance written for January-August 1954 are shown in the November 1955 SUEVEY. Revisions for silver production in Canada are shown as follows: January-July
1952 in the April 1956 SURVEY; January-September 1954, the December 1955 issue; January-December 1955, the March 1957 issue. 0Data for January 1956-April 1957 include revisions not
distributed by areas.
§ Or increase in earmarked gold (—).
9 Includes data not shown separately.
1 The term "adjusted" denotes exclusion of interbank and U. S. Government deposits; for demand deposits, also exclusion of cash items reported as in process of collection.
cf Includes Boston, Philadelphia, Chicago, Detroit, San Francisco, and Los Angeles.
t Revisions beginning with 1943 appear on p. 24 of the October 1955 SURVEY.
tData beginning with 1956 are based on a new sample.




SURVEY OF CURRENT BUSINESS

August 1957

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

S-19

1956

June

July

1957

DecemAugust SeptemOctober November
ber
ber

January

February

March

April

May

3,248

r

2, 362

r

1, 785

2 364

r

2, 053
' 647
'264
r46

r

1 675

1 891
1 074
407
66

June

July

FINANCE—Continued
PROFITS AND DIVIDENDS— Continued
Manufacturing corporations'^— Continued
Net profit after taxes— Continued
Chemicals and allied products
- mil. of dol
Petroleum refining
do
Stone, clay, and glass products
__.do
Primary nonferrous metal _ _ _
do
Primary iron and steel
do
Fabricated metal products (except ordnance,
machinery, and transport, equip.), mil. of dol _ _
Machinery (except electrical)
do
Electrical machinery
-_
-do
Transportation equipment (except motor vehicles,
etc )
-- mil. of dol _
Motor vehicles and parts
do
All other manufacturing industries
- do
Dividends paid (cash), all industries
do _
Electric utilities, net profit after taxes (Fed. Res.)
mil. of dol .
Railways and telephone cos. (see pp. S-23 and 8-24).

456
719
195
245
394

414
688
185
194
158

451
827
162
194
410

453
806
120
176
390

170
425
195

167
365
190

145
375
190

149
385
236

125
313
400

105
166
427

129
378
435

120
467
346

1,738

1,680

2,259

1,804

321

302

331

r

392

SECURITIES ISSUED
Commercial and Financial Chronicle:
Securities issued, by type of security, total (new
capital and refunding)
mil. of dol
New capital total
do
Domestic total
do
Corporate
do
Federal agencies
do
Municipal State etc
do
Foreign
do
Refunding total 9
do
Domestic total
do
Corporate
. _ _ - do
Federal agencies
do
Municipal, State, etc
- do
Securities and Exchange Commission: J
Estimated gross proceeds, total
-do _
By type of security:
Bonds and notes, total- _
do__
Corporate
~do
Common stock
do
Preferred stock
do
By type of issuer:
Corporate total 9
do
Manufacturing
do
Mining
do
Public utility
do_.
Railroad
do
Communication _
do
Real estate and
financial
do

1,684
1,455
1,312

535
53
724
143
229
229
20
207
2

2,164
1,932

661
182
50

893
305
58
236
33
12
199

1,972
1,767

901
189
16

1,106

348
79
241
10
263
105

865
1,271
Noncorporate, total 9
do
484
437
U. S. Government
do __
379
736
State and municipal _
~
do
New corporate security issues:
1,089
876
Estimated net proceeds, total
__
do
Proposed uses of proceeds:
1,003
782
New money, total
_ _
- do
754
446
Plant and equipment
_ _ _
__do
250
336
Working capital _ _
do
26
35
Retirement of securities
do
59
60
Other purposes _ __ _
do
State and municipal issues (Bond Buyer) :
Long-term
thous. of dol - 736, 386 378, 535
175, 825 194, 625
Short-term
do

1,493
1,351

551
92
50

1,581
1,373

681
176
33

1, 892

1,603

485
150
139

1,829
1.157

451
627
45

693
217
68
157
22
83
112

890
221
42
250
55
57
239

773
330
15
232
29
69
69

1,123

799
436
213

691
355
336

1,118

706
389
311

679

873

756

550
370
180
25
104

816
513
302
35
23

660
490
170
11
84

213, 238
207, 418

335, 930
178, 780

645, 718
294, 244

311, 354
327, 959

2,819

2,816

2,784
835
2 131

2,817

414
646

168
78
156
39
600
38

1,955

2,432

2,123

915
183
16

2,254
916
144
34

1,769
761
329
26

2,934

1,114

1,094

1 116
558
43
265
22
47
113

1 386
377
18
514
39
284
93
1 862
1,327
503

1,756

538
18
160
44
76
153

396
24
251
51
107
191

1 072
276
38

841
390
427

1,337

496
685

1 007
386
569

1,110

1 098

1,075

1 092

1 365

1,048

1 049

1,026

794
232
11
38

927
724
203
22
144

427 298
148 455

685, 472
325 574

568 928
454 707

336
2,866
878
2 195

2 r 2, 790

905
143
21
41

737
312
11
39

r

956
••324

r 691
r

85
25

r g()2
r 142

11
363
54
r
83

' 21
'364
28
48
r
96

r 73

r Qg3

1 547
660
20
444
25
139
213

390
763
r 937

394
r 539

817
362
350

r 7g6

1 520

1 271
1, 106
165
21
73

r 864

r 707
> 64

1 419
l'o51
368
31
69

503, 237
146 928

763 411
204 961

533
337 264

350 388
152 199

320

321
2 918
820
2 156

r 1 406

r

653

r 211
* 13
r 61

r 55g
r 149
r 15
r
538
r

SECURITY MARKETS
Brokers' Balances (N. Y. S. E. Members
Carrying Margin Accounts)
Cash on hand and in banks _
Customers' debit balances (net) _ __
Customers' free credit balances
Money borrowed

mil. of dol
do
do
do

322

2,811

837
2,266

2,843
858
2,242

872
2,086

866

2,113

822

2, 114

343
866
2 006

r

322
2, 764
828
2 057

313

r 2 741

820
2 005

r

319
2 820
807
2 104

r 2 g20

817
2 115

Bonds

Prices:
Average price of all listed bonds (N. Y. S. E.),
95.22
96.39
93.52
total§_
_ _ _ __
dollars
93.86
93.09
92.14
93.33
93 33
91 59
93 41
92 48
90 10
91 62
96.65
95.46
93.76
93.33
Domestic
do
94.10
92 42
93 69
91 91
93 57
93 65
92 72
90 32
91 85
78.92
Foreign
_. _.
do
78.79
77.46
77.61
77.35
75.09
77 28
71 94
73.00
76.71
77 04
76 62
78 23
Standard and Poor's Corporation:
Industrial, utility, and railroad (Al-f-issues):
110.5
110.2
108.4
105.2
105. 8
Composite (21 bonds) cf_..dol. per $100 bond-103.7
102.8
104.2
102.8
104.4
104.3
101.0
103.2
118.6
119.2
113.8
116.0
112.8
Domestic municipal (15 bonds)..
do
109.0
108 1
108 6
110 9
109 8
110 0
103 5
106 9
93.94
91.43
90.22
95.03
91.81
91.53
U. S. Treasury bonds, taxable.
do ..
89.96
88. 74
91.51
90 88
90 45
87 12
89 41
Sales:
Total, excluding U. S. Government bonds:
All registered exchanges:
Market value
thous. of dol__ 81, 717 82, 802 101, 631 86, 568
83, 606
96, 407 144, 608 116, 182
93, 606
85, 420 105, 432
91, 949
98, 622
84, 454
83, 150 100, 885 86, 673
Face value
. .
do
89, 818 101, 520 152 555 120, 730
93 715
91 927 104 640
96 698 103 748
New York Stock Exchange:
81, 261
80, 522
99, 228
85, 561 82. 292
95, 082 143 305 114, 750
Market value
.
do
92 471
84 305 104 304
90 490
97 613
83, 100
81, 480
88; 320 100, 010 150, 956 119, 016
98, 165 85, 454
Face value.
...do
92, 390
90, 671 10S! 350
94! 864 102! 590
r
2
Revised.
v Preliminary.
1 Less than $500,000.
Data for January-May 1957 were inadvertently shown incorrectly in the July 1957 SURVEY and earlier issues.
tData beginning with 1956 are based on a new sample.
9 Includes data not shown separately.
t Revisions for January-March 1956 will be shown later.
§ Data for bonds of the International Bank for Reconstruction and Development, not shown separately, are included in computing average price of all listed bonds.
cf Number of bonds represents number currently used; the change in the number does not affect the continuity of series.




100.0
103 5
86 88

SURVEY OF CURRENT BUSINESS

S-20
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

August 1957

1956
June

July

1957

DecemOctober NovemAugust September
ber
ber

January

February

March

April

May

June

July

FINANCE—Continued
SECURITY MARKETS— Continued
Bonds— Continued
Sales— Continued
New York Stock Exchange, exclusive of stopped
sales face value total§
thous ofdol
U. S. Government
_ ._
do
Other than U S Government total §
do
Domestic
do
Foreign
_
-- do.Value, issues listed on N. Y. S. E.:
Market value total all issues §
mil of dol
Domestic
do
Foreign
do
Face value total all issues §
do
Domestic
do
Foreign
_do
Yields:
Domestic corporate (Moody's)
percent. .
By ratings:
Aaa
do
Aa
- - - do
A
do
Baa
.- -_ - do
By groups:
Industrial
do ._
Public utility
do
Railroad
do
Domestic municipal:
Bond Buyer (20 bonds)
do
Standard and Poor's Corp. (15 bonds)
do
U. S. Treasury bonds, taxable
_._do

68, 081
0
68, 081
63, 020
5,061

73, 126
0
73, 126
68, 090
5,036

79. 790
0
79, 790
75, 647
4,133

73, 740
0
73, 740
70, 081
3, 659

76, 880
6
76, 874
72,011
4,863

105, 810
29
105, 781
100, 601
5,180

124, 985
103
124, 882
120, 353
4,525

94, 060
0
94, 060
89, 458
4,590

74, 802
35
74, 767
71, 862
2,883

77, 758
35
77, 723
73, 933
3,783

90, 065
0
90,065
86, 120
3,935

87, 537
1
87, 536
83, 306
4,227

87, 626
0
87, 626
83, 073
4,538

104, 289
102, 394
1,270
108, 199
105, 942
1,612

103, 137
101, 239
1,276
108, 314
106, 053
1,616

101, 566
99, 703
1,252
108, 210
105, 952
1,613

100, 588
98, 728
1,251
107, 555
105, 295
1,615

100, 291
98, 510
1,247
107, 736
105, 554
1,612

99, 382
97, 663
1,211
107, 861
105, 677
1,613

99, 022
97, 358
1,159
108, 109
105, 929
1,611

100, 951
99, 253
1,165
108, 165
105, 933
1,596

101,317
99, 503
1,223
108, 557
106, 336
1,595

101, 605
99, 784
1,228
108, 769
106, 548
1,595

100, 657
98, 847
1,227
108, 845
106, 613
1,602

100, 061
98, 060
1,351
109, 208
106, 765
1,727

98, 483
96, 509
1,335
109, 299
106, 855
1,728

3.46

3.50

3.62

3.75

3.82

3.90

3.99

4.04

3.99

3.97

3.96

4.02

4.15

4.26

3.26
3.35
3.48
3.76

3.28
3.39
3.52
3.80

3.43
3.50
3.63
3.93

3.56
3.63
3.73
4.07

3.59
3.69
3.81
4.17

3.69
3.76
3.90
4.24

3.75
3.85
3.98
4.37

3.77
3.89
4.01
4.49

3.67
3.83
3.99
4.47

3.66
3.80
3.97
4.43

3.67
3.79
3.95
4.44

3.74
3.83
3.99
4.52

3.91
3.98
4.09
4.63

3.99
4.10
4.20
4.73

3.39
3.44
3.56

3.42
3.48
3.59

3.55
3.60
3.72

3.68
3.73
3.83

3.75
3.82
3.89

3.82
3.86
4.01

3.95
3.93
4.08

4.02
3.98
4.12

3.94
3.97
4.06

3.90
3.95
4.04

3.89
3.94
4.06

3.96
3.98
4.13

4.14
4.06
4.26

4.19
4.19
4.39

2.56
2.75
2.89

2.71
2.78
2.97

2.90
2.94
3.15

2.90
3.07
3.19

3.08
3.14
3.18

3.24
3.38
3.30

3.23
3.44
3.43

3.07
3.40
33.3

3.05
3.26
3.20

3.07
3.32
3.25

3.23
3.33
3.30

3.35
3.52
3.39

3.40
3.75
3.61

3.75
3.63

731.8
147.9
254.1
8.0

292.8
64.3
122.9
3.3

1, 591. 4
105.3
1, 080. 9
117.9

749.8
142.6
269.6
9.5

314.4
79.7
127.6
6.4

2,217.4
267.7
1, 372. 9
217.0

801.5
168.5
268.9
8.5

335.4
103.1
116.2
3.0

1, 670. 7
107.7
1, 129. 1
127.5

762.3
133.4
272.0
8.1

300.0
62.4
130.6
2.6

1, 679. 0
107.2
1, 120. 6
125.7

763.6
146.5
280.9
7.4

140.5
94.7
16.6
61.7
8.3

1.2
76.3
6.5
10.3
8.0

40.9
120.3
59.9
42.3
23.9

140.5
96.1
19.3
61.9
10.3

1.2
78.0
3.4
10.7
7.4

45.3
130.3
91.5
55.8
36.9

141.3
90.7
37.8
77.3
8.5

1.2
80.6
7.3
18.4
5.6

42.0
119.0
74.4
45.0
26.0

140.7
107.2
27.0
63.6
10.3

1.3
81.2
3.4
11.5
7.0

41.7
132.6
73.9
51.2
26.1

141.0
95.5
18.4
62.0
11.9

Stocks
Cash dividend payments publicly reported :
Total dividend payments
_ mil. of dol 1,623.3
109.1
Finance
__
do
1 , 078. 3
Manufacturing
__ _
do
128.7
Mining
do
Public utilities:
41.0
Communications
do
122.8
Electric and gas
do
66.0
Railroad
do
50.4
Trade
_ __ _
do
27.0
Miscellaneous
__
do _ _
Dividend rates, prices, yields, and earnings, common
stocks (Moody's) :
5.29
Dividends per share, annual rate (200 stocks) -dollars. _
5.77
Industrial (125 stocks)
..
do
2.32
Public utility (24 stocks)
do _.
3.93
Railroad (25 stocks)
do
3.36
Bank (15 stocks)
__do __
4.01
Insurance (10 stocks)
do
131. 94
Price per share, end of month (200 stocks) 9 - ..do
151. 11
Industrial (125 stocks)
do
Public utility (24 stocks)
do _. 49.55
73.51
Railroad (25 stocks)
do

5.35
5.85
2.32
3.93
3.36
4.01

5.35
5.85
2.32
3.97
3.39
4.01

5.36
5.86
2.32
3.97
3.39
4.01

5.39
5.89
2.33
3.98
3.45
4.01

5.38
5.88
2.37
4. 05
3.45
4.01

5.39
5.88
2.37
4.06
3.54
3.99

5.43
5.90
2.40
4.13
3.52
3.99

5.44
5.91
2.41
4.11
3.52
3.99

5.44
5.91
2.42
4.11
3.52
4.00

5.44
5.91
2.43
4.09
3.57
4.00

5.44
5.90
2.43
4.09
3.62
4.00

5.43
5.89
2.43
4.09
3.64
4.00

5.44
5.91
2.42
4.09
3.62
4.00

138.29
158.98
51.98
74.92

133.20
152. 72
50.36
70.22

126. 56
145. 06
48.42
66.92

127. 34
146. 17
48.46
68.22

126. 44
145. 04
48.72
67.24

130. 66
150. 74
48.96
67.59

125.90
142.80
50.05
65.97

122. 54
138. 53
49.98
62.74

125. 14
141. 98
49.88
63.56

130. 64
149. 42
50.37
64.81

134.19
154.31
51.85
64.55

134. 03
155. 23
48.96
64.79

135. 80
157. 66
49.60
66.03

4.01
3.82
4.68
5.35
4.41
3.19

3.87
3.68
4.46
5.25
4.25
3.05

4.02
3.83
4.61
5.65
4.24
3.20

4.24
4.04
4.79
5.93
4.17
3.34

4.23
4.03
4.81
5.83
4.23
3.22

4.25
4.05
4.86
6.02
4.37
3.30

4.13
3.90
4.84
6.01
4.41
3.28

4.31
4.13
4.80
6.26
4.44
3.15

4.44
4.27
4.82
6.55
4.59
3.10

4.35
4.16
4.85
6.47
4.58
2.99

4.16
3.96
4.82
6.31
4.61
2.92

4.05
3.82
4.69
6.34
4.77
2.91

4.05
3.79
4.96
6.31
4.84
2.97

4.01
3.75
4.88
6.19
4.68
3.05

Yield (200 stocks)
Industrial (125 stocks)
Public utilitv (24 stocks)
Railroad (25 stocks)
Bank (15 stocks)
._
Insurance (10 stocks)

._

.percentdo
do _
do
do _
do

Earnings per share (at annual rate), quarterly:
Industrial (125 stocks)
dollars
Public utility (24 stocks)
do
Railroad (25 stocks)
do
Dividend yields, preferred stocks, 14 high-grade
(Standard and Poor's Corp.)- —
percent..
Prices:
Dow-Jones & Co., Inc. (65 stocks)
dol. per shareIndustrial (30 stocks)
do
Public utility (15 stocks) . . . .
_ do _
Railroad (20 stocks)
do
Standard and Poor's Corporation:!
Industrial, public utility, and railroad :<?
Combined index (500 stocks)
1941-43=10..
Industrial, total (425 stocks) 9
do ..
Capital goods (129 stocks)
do
Consumers' goods (196 stocks) .- - do _
Public utility (50 stocks)
do
Railroad (25 stocks)
do
Banks, N. Y. C. (14 stocks)
do _
Fire insurance (17 stocks)
do
Sales (Securities and Exchange Commission) :
Total on all registered exchanges:
Market value
mil. ofdoL.
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)
thousandsShares listed, New York Stock Exchange:
Market value, all listed shares
.mil. of dol__
Number of shares listed
millions. _

10.50
3.32
9.06

11.45
3.35
9.91

8.70
3 35
8.05

11.15
3.36
6.38

4.17

4.16

4.24

4.39

4.42

4.56

4.63

4.51

4.47

4.46

4.47

4.53

4.69

4.75

173. 76
485. 33
66.24
165. 97

180. 77
509. 76
69.70
168.35

180. 38
511.69
70.00
165. 00

173. 96
495. 01
67.67
157. 98

171. 12
483. 80
66.08
158. 96

169. 73
479. 34
66.71
155. 81

172. 41
492. 01
67.61
154. 41

171. 73
485.90
69.73
152. 75

165.68
466. 84
70.44
143. 02

167. 16
472. 78
71.09
143. 12

170. 86
485. 42
72.02
145. 83

175. 04
500. 83
73.91
146. 64

174. 95
505. 33
72.14
145. 67

177. 76
514. 64
70.81
150.84

46.27
49.38
47.93
33.95
31.93
34.22
23.61
27.26

48.78
52.27
50.87
35.48
33.01
34.63
24.11
27.61

48.49
51.89
51.44
35.53
33.39
33. 72
24.14
27.55

46.84
50.15
49.59
34.84
32.29
31.98
24.43
25.91

46.24
49. 52
48.63
34.41
31.67
32.22
24.61
25.97

45.76
48.92
48.27
33.60
31.82
31.73
24.17
25.95

46.44
49.79
49.59
33.38
31.70
31.75
24.46
25.17

45.43
48.43
48.48
32.62
32.32
31.36
24.32
25.86

43.47
46.10
46.43
31.55
32.29
29.59
23.29
26.70

44.03
46.86
46.56
32.08
32.45
29.37
23.60
27.80

45.05
48.06
48.26
32.67
33.03
29.78
23.22
28.38

46.78
50.10
50.11
33.64
34.03
30.42
23.25
28.31

47.55
51.30
50.92
33.59
33.35
30.11
22 95
27.99

48.51
52.54
52.15
34.86
32.93
31.20
23.57
27.73

2,519
87, 930

2,883
101, 691

3,155
97, 039

2,436
81, 802

2,619
89, 935

2,797
89, 818

2,642
96, 157

3,035
113, 712

2,330
115, 443

2,060
96,133

2,681
108, 533

3,296
112, 428

2,987
107, 489

2,140
60, 213

2,434
68, 752

2,670
61, 630

2,064
54, 661

2,247
62, 299

2,404
61, 537

2,272
64,816

2,589
77, 245

1,997
87, 467

1,720
67, 115

2,267
73, 000

2,818
72, 669

2,543
72, 584

37, 201 ' 45, 713

44, 532

37, 227

40, 342

43, 550

46, 422

48, 161

37, 575

35, 652

48, 310

52, 559

44, 479

229, 423
4,314

221, 160
4,333

210, 015
4,380

211, 627
4,402

211, 412
4,420

219, 176
4,462

211, 997
4,489

207, 719
4, 556

212, 329
4,570

221, 595
4,587

228,
585
r
4, 656

227, 928
4,678

218, 579
4,260

48, 262

r
Revised.
* Preliminary.
§ Sales and value figures include bonds of the International Bank for Reconstruction and Development not shown separately; these bonds are included in computing the average price of
all listed bonds shown on p. S-19.
9 Includes data not shown separately.
tRevised series, reflecting expanded coverage (effective March 1,1957) and use of new base period; index level now approximates average price level of all stocks listed on N. Y. Stock Exinge. For back record, 500-stocks series has been linked to former 90-composite; back indexes will be published later.
cfNumber of stocks represents number currently used; the change in the number does not affect the continuity of series.




SURVEY OF CURRENT BUSINESS

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

S-21

1956
June

1957

DecemAugust SeptemOctober November
ber
ber

July

January

February

March

April

July

June

May

INTERNATIONAL TRANSACTIONS OF THE UNITED STATES
BALANCE OF PAYMENTS (QUARTERLY)t
Exports of goods and services, total
_ _ _mil. of dol
Military transfers under grants, net
do
Merchandise, adjusted, excluding military transactions©
mil. of dol
Income on investments abroad
do
Other services and military transactions
do

7,045
1,093

6,135

6,938
417

7,214

4,412
644
896

4,096
669
933

4. 859

5 067

Imports of goods and services, total
Merchandise adjusted O cf
Income on foreign investments in II. S.
Military expenditures
Other services cf

5,043
3,172
146
830
895

5,069
3, 154

4,843
3.211

1,107

163
685
784

+2, 002

+1, 066

+2 095

+2 181

-1, 709
-120
-1, 589

-954
-127
-827

-1,049
-132
-917

— 1 167
—152
— 1 015
— 1 049
-799
—250

-

Unilateral transfers (net) total
Private

-

do
do
do
do
do__

do
do _

437

596

746
916

155
653

U S long- and short-term capital (net) , total
Private
Government

do
do
do

-891
-683
-208

-985
-801
-184

1,180
-1,079
101

Foreign long- and short-term capital (net)
Gold sales [purchases ( — )1
Errors and omissions

do__
do
do

+548
-103
+153

+825
-164
+212

-162

653
898

5,033
3 292

153
841
747

+11
—348
+372

-27
+323

FOREIGN TRADE
Indexes
Exports of IT. S. merchandise:^
Quantity
Value
Unit value
-.
Imports for consumption:!
Quantity
Value
Unit value
Agricultural products, quantity:
Exports, U. S. merchandise, total:
Unadjusted
Seasonally adjusted
Total, excluding cotton:
Unadjusted
Seasonally adjusted
Imports for consumption:
Unadjusted
Seasonally adjusted

325
688
212

312
660
211

298
623
209

293
620
212

321
676
211

291
619
213

379
812
214

312
682
219

298
653
219

396
872
220

345
757
219

339
737
218

175
502
287

177
509
288

178
508
286

169
486
288

191
549
288

169
488
289

176
509
289

186
542
292

166
489
294

185
548
296

181
530
293

182
531
292

100
106

110
109

98
104

99
101

96
96

84
87

94
93

109
107

98
97

105
94

100
94

96
98

11,919
12,813

11, 185
12, 436

12, 676
13, 866

11, 738
12, 361

12, 497
13, 832

12, 398
11, 204

13, 581
10, 717

11, 434
11 167

11,244
9,679

14, 719
10 802

Exports (mdse.), including reexports, totalH.mil. of dol. 1, 690. 2
By geographic regions:A
Africa
_
thous. of doL. 53, 526
249, 362
Asia and Oceania
do
429, 304
Europe _.
_
do__

1,620.0

1, 529. 0 1, 523. 0

1, 659. 1

1, 519. 5

1, 993. 1

1, 674. 9

1, 605. 3

2, 142. 7

1, 862. 2

1, 811. 3

1, 781. 6

49, 199
239, 871
339, 654

48, 815
234, 575
403, 883

46, 926
225, 782
461, 759

44, 538
278, 174
458, 740

33, 519
231, 684
411, 721

55, 927
364, 154
670, 328

54, 422
304 799
538, 243

42, 480
287 206
488, 099

71, 213
393 636
650 580

69 745
339 398
513 784

66, 069
325, 888
475, 998

53, 933
315, 955
467, 335

350, 282
do
do. _- 171, 641
173, 784
do

307, 640
145, 957
152, 706

310, 368
158, 014
167, 982

312, 615
150, 038
161, 394

368, 712
172, 284
168, 972

355, 538
172, 187
150, 621

320, 302
200, 869
199, 789

302, 387
167, 488
169 916

311 997
164, 886
140 040

360 204
212 133
249 248

371 532
191 130
217 265

371, 242
181, 662
222, 062

353 676
165, 524
217 003

do
__do

7,865
22, 680

6,578
18, 476

3,304
19, 785

4,759
19, 313

2,603
18, 798

1,017
14, 773

2,376
24, 615

2 140
21, 912

4 536
16' 803

4 248
29 653

2 662
22 915

3 721
27, 347

2 924
23 424

do
do.
__do_. _
do
do. _
do
do. _.

13, 395
3,841

13, 082
2,761

11, 475
3,717

19, 373
4,169

18, 837
3,548

15, 188
2,663

20, 461
4,720

13, 751
4 057

10 808
2 889

20 854
4 020

13 005
3 925

16, 666
3 574

15 644
3 608

43, 307
125 396
9 635
30, 221

49 225
110 502
8 058
31 731

1936-38=100 .
do
do
do
__do
do

0)~
0)~

1924-29—100
do
do
do
-

(!)„

(i)~

- do
do

Shipping Weight
Water-borne trade:
Exports, incl. reexports §
General imports

thous. of long tons__
- - do_ _

Value*

Northern North America
Southern North America
__
South America
By leading countries:A
Africa:
Egypt
Union of South Africa
Asia and Oceania:
Australia, including New Guinea
British Malava
__
China, including Manchuria
India and Pakistan
Japan _
_
_
Indonesia
Republic of the Philippines
Europe:
France
_
_
East Germany
West Germany
Italy
_. .. _.
Union of Soviet Socialist Republics
United Kingdom __
North and South America:
Canada
Latin American Republics, total 9
Argentina
_ _ _ _ _
Brazil
Chile

0

34, 521
73, 729
8,457
28, 075

0

33, 743
67, 055
11, 929
24,445

0

0

0

0

36, 063
71, 198
14, 173
25, 263

25, 996
65, 087
14, 931
27, 396

34, 206
98, 606
15, 820
28, 931

30, 350
91, 596
12, 503
24,363

0

63, 822
119,392
19, 141
31, 467

2
48,415

113, 920
12 472
25, 100

4

46
110
7
26

999
453
207
702

0

59
131
13
42

717
009
944
496

0

53
126
11
32

823
494
390
410

0

3

53, 263

4.4, 665

48, 237

49, 072

47, 686

40, 476

66, 861

63 521

55 633

73 861

55 162

54 005

50 268

63, 948
33, 934

49, 873
33, 504

62, 289
39, 247

67, 721
63, 175

71, 135
51, 444

66, 948
34, 896

111, 679
66, 151

82 043
54 247

81 430
64 389

96 815
80 065

81 193
57 890

81 403
56 438

70 325
51 667

63, 754

50, 674

63, 243

88, 031

92, 686

87, 717

121, 991

104, 769

93 679

123 844

88 171

85 639

77 248

- 350, 274

307, 635

310, 360

312, 614

368, 710

355, 532

320, 300

302 379

311 986

360 202

371 509

371 192

353 644

do. _ _ - 328, 062
19, 613
do
do _ _ - 24, 037
12, 078
do

281, 730
19, 251
25, 195
13, 633

308, 773
21, 328
28, 197
13, 895

293, 713
16, 712
25, 678
18, 320

323, 158
16, 747
25, 208
16 498

302, 829
17 138
21, 338
15 105

372, 060
26 607
29,748
18 580

316,
21
26
16

286, 198
21 054
23 795
10 479

433,
33
37
22

381,
31
43
16

380, 496
27 537
41 337
19 310

364, 103
23 735
52 571
15 999

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

47

601

113
285

0

49

0

123

64
66

96
14

0

585

32

53

730
248
179
355

6

110

4

78

782
863
253
598

96

112

539
576
376
485

57

117

o

18

33, 217
25, 848
25, 999
26, 587
Colombia
__
_ do _
24, 850
15 143
15 568
20 590
12 669
10 957
14 171
17 269
16 001
40, 956
33, 439
Cuba
do
41, 667
41, 101
42, 492
47, 659
56, 161
63 741
47 966
46 251
50 273
48 793
43 687
78, 932
Mexico.
_
do
65, 932
60,073
73, 575
68, 461
74 099
80 532
67 040
80 267
70 435
71 620
74 017
75 859
57, 294
45, 701
Venezuela.—
do
50, 892
50, 055
58, 365
77, 829
55, 166
64, 918
53, 627
91, 175
79, 698
85! 657
78! 940
r
!
Revised.
*> Preliminary.
Revised indexes will be published later.
tRevisions for 1953,1954,1955 (1st quarter), and 1956 (1st quarter) for balance of payments and for January 1954-January 1956 for foreign trade will be shown later.
©Adjusted for balance-of-payments purposes, mainly for valuation, coverage, and timing.
d"Excludes military expenditures.
§ Excludes "special category" shipments and all commodities exported under foreign-aid programs as Department of Defense controlled cargo.
1 Data include shipments (military and economic aid) under the Mutual Security Program. Total MSP military shipments (including, since early 1956, also "consumables and construction" shipments) are as follows (mil. dol.): June 1956-June 1957, respectively—205.4; 350.6; 157.9; 107.1; 110.5; 119.8-, 122.7; 97.1; 121.4; 129.4; 83.7; 102.2; 134.1.
AExcludes "special category" shipments.
9 Includes countries not shown separately.




SUEVEY OF CURRENT BUSINESS

S-22
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

August 1957

1956
June

July

1957

DecemOctober NovemAugust September
ber
ber

January

February

March

April

May

June

1,796.2

1,764 5

July

INTERNATIONAL TRANSACTIONS OF THE UNITED STATES—Continued
FOREIGN TRADE— Continued
Value*— Continued
1, 676. 5 1, 608. 8 1,518.8
Exports of IT S merchandise to tall
mil ofdol
By economic classes :d"
185, 314 148, 133 212, 206
Crude materials
thous ofdol
Crude foodstuffs
_ _ _ _ _ _
_ do_- _ 133, 951 110, 944 113, 192
111, 880
97, 608 104, 836
Manufactured foodstuffs and beverages 9 -do
237, 242 198, 333 204, 498
Semimanufactures 9
- -- -- -- - do
1,008,077 1,053,804 884, 084
Finished manufactures 9
do
By principal commodities:
352, 298 277, 429 333, 134
Agricultural products total©
do
65, 726
40, 342
19, 918
Cotton unmanufactured
_
-_ -do
26, 754
36, 992
30, 197
Fruits vegetables and preparations
do
124,
262
112,
286
128,
123
Grains and preparations
do - 21, 661
22, 392
23, 537
Packing-house products
do
29,
531
21,
519
25, 430
Tobacco and manufactures
do

1,511.2

1, 647. 0

1, 508. 4

256, 569
95, 662
104, 745
231, 959
822, 228

280, 105
118,627
120, 614
241, 276
886, 373

262, 093 357, 184
107, 921 134, 717
90, 035 141, 373
220, 363 323, 758
827, 969 1,022,087

279, 351
118,011
102, 535
289, 000
873, 437

267, 979 320, 680 273, 986 264, 182 248, 254
116, 897 129, 738 124, 089 110, 931 134, 102
99, 131
93, 448 134, 272 101, 232
88, 997
284, 363 364, 593 310, 685 300, 593 279, 238
828, 481 1,176,694 1,035,782 1,031,493 1,003,534

366, 922
80, 923
30, 400
97, 927
23, 386
61, 930

426, 854
92, 207
40, 678
121, 933
25, 266
52, 640

355, 754
83, 202
32, 832
103, 335
20, 747
32, 055

541, 627
144, 303
31, 879
156, 046
34, 551
45, 608

421, 819
122, 598
24, 532
123, 143
33, 486
25, 806

393, 978
122, 814
23, 368
126, 838
25, 731
23, 289

466, 442
120, 109
27, 278
149, 203
36, 069
27, 464

1, 979. 1

1, 662. 3 1, 591. 2

2, 126. 0

1 845.8

385, 548
92, 218
29, 089
134. 870
28, 447
25, 114

362, 181
100, 942
34, 031
106, 613
27, 449
26, 668

380, 545
80, 743
31, 953
129, 666
29, 675
35, 724

Nonagricultural products, total©
mil. ofdol - 1, 324. 1
Automobiles, parts, and accessories
thous. of dol - 125, 723
114, 765
Chemicals and related products§
do
69, 420
Coal and related fuels
-do
90, 209
Iron and steel-mill products
do

1, 331. 4

1, 185. 7

1, 144. 2

1, 220. 1

1, 152. 6

1, 437. 5

1, 240. 5

1, 197. 2

1, 659. 5

1, 460. 2

1,434.0

1, 383. 7

127, 211
103, 409
68, 303
66, 123

110, 473
105, 319
80, 687
60, 697

96, 430
108, 603
73, 710
86, 021

104, 495
99, 818
74, 961
105, 814

110, 282
86, 343
69, 761
94, 433

152, 616
117, 111
61, 957
120, 178

125, 696
102, 782
55, 448
110, 100

101, 850
99, 112
55, 882
104, 153

161, 130
139, Oil
70, 961
146, 351

142,987
124, 250
79, 561
131, 680

147, 769
134,115
80, 631
126, 727

113, 280
112, 532
84, 443
126, 687

344, 369
12, 089
32, 985
92, 957
21, 114
171,730

365, 012
11, 564
28, 745
136, 193
17, 229
159, 309

304, 691
10, 065
31, 169
79, 139
16, 808
155, 818

290, 616
8,623
26, 929
75, 666
18, 840
148, 766

326, 476
10, 616
32, 745
80, 258
19, 654
171, 085

272, 652
6,750
25, 118
70, 485
20, 552
137, 858

348, 578
7,373
31, 587
86, 884
25, 167
182, 546

300, 191
9,001
29, 973
69, 295
19, 729
157, 833

279, 855
11, 625
29, 602
67, 374
16, 707
142, 451

424, 178
15, 752
48, 127
91, 619
30, 805
221, 127

371, 634
17, 068
37, 477
84, 636
30, 227
187, 222

385, 516
14 538
36, 978
89, 615
27, 218
201, 956

354, 040
12, 478
31, 125
80, 862
25, 902
190, 558

52, 001
53, 512

57, 380
41, 845

58, 576
51, 520

57, 994
52, 232

59, 764
58, 009

91, 136
48, 658

126, 407
62, 839

108, 426
50, 925

112, 550
49, 930

142, 222
73, 274

106, 765
59, 497

80, 148
60, 631

70, 211
53, 153

1, 033. 4

1, 050. 7

1, 050. 6

992.8

1, 115. 5

984.3

1,051.3

1, 118. 5

992.3

1, 130. 3

1, 117. 5

1, 101. 9

v 982. 6

46, 695
180, 506
229, 741
243, 915
119, 736
212. 807

48, 865
181, 012
239, 594
243, 541
116,923
220. 722

47, 251
192, 964
232, 730
267, 495
110, 786
199, 323

46, 129
162, 580
223, 866
232, 660
95, 969
231, 573

46, 898
205, 159
287, 660
276, 472
100, 719
198, 600

38, 052
152, 871
264, 169
250, 184
94, 564
184, 461

51, 667
169, 642
272, 146
237, 254
113, 715
206, 836

57, 078
185, 055
268, 256
213, 917
147, 958
246, 242

46,112
147, 469
214, 288
216, 662
139, 672
228. 059

71, 565
178, 256
278, 316
234, 123
145, 575
222, 439

52, 307
186, 389
284, 674
237, 889
132, 495
223, 754

46, 721
185, 491
268, 779
259, 481
137, 202
204, 253

919
7,953

414
7,960

729
13, 075

449
8,442

425
7,068

438
8,698

2,651
11, 447

1,982
9,803

1.575
6,086

1,470
11, 358

633
10, 063

1,147
7,838

12, 626
14, 532

14, 470
16, 346

11, 047
13, 592

6,841
21, 966

15, 428
19, 958

16, 940
16, 064

14, 438
17, 511

14, 565
18, 564

13, 049
45, 055
17, 439
16, 254

18, 944
44, 039
18, 428
12, 358

24, 798
47, 556
16, 584
28, 904

14, 486
12, 748
1,644
15, 426
38, 683
13, 836
21, 489

11, 565
16, 600

17, 514
44, 385
13, 237
19, 059

13, 826
21, 095
1,132
23, 720
56, 005
15, 782
19, 335

25, 736
46, 635
14, 634
29, 009

22, 167
49, 077
17, 207
26, 233

19, 671
49, 343
16, 250
22, 926

Machinery total §©
Agricultural
Tractors parts and accessories
Electrical
- .- -Metal working!
Other industrial

do
do
do
-- _ _ - d o _
do
do

Petroleum and products
Textiles and manufactures

do _ .
do

General imports total
mil of dol
By geographic regions:
Africa
thous. of dol
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
do
British Malaya
do
China including Manchuria
do
India and Pakistan
do
Japan
-do
Indonesia
do
Republic of the Philippines
do
Europe:
France
do
East Germany
do
West Germany
do
Italy
do__
Union of Soviet Socialist Republics
do
TJnited Kingdom
do
North and South America:
Canada
do

18, 860
43, 850
13, 895
28, 773

18, 056
46, 622
11,311
21, 493

7,103
16, 706
1,700
21, 802
58, 618
12, 186
24, 222

17, 549

20, 093

20, 914

14, 984

22, 903

21, 284

19, 304

25, 019

17, 362

21, 939

26, 257

21, 023

34, 098
14,810
1,510
63, 952

40, 467
16, 706
2,171
58, 733

42, 033
18,401
1,921
57, 563

37, 708
16, 703

44, 169
19, 434
2,936
62,043

50, 095
24, 235
1,127
65, 631

41, 220
21, 936
1,018
58, 078

40, 906
16, 307
1,943
49, 882

52, 124
20, 927

58, 931

50, 720
24, 966
3,751
72, 002

53, 611
19, 338
1,038
70, 308

50, 476
17, 174
1,636
66, 394

243, 676

243, 506

267, 395

232, 660

276, 204

249, 943

237, 220

213, 798

216, 626

234, 086

237, 860

259, 168

306, 757
9,730
58, 425
23, 632
44, 649
43, 439
30, 399
56, 532

315, 509
9,321
75, 205
16, 430
36, 146
40, 632
32, 391
59, 721

284, 754
11, 556
59, 090
16, 865
32, 066
46,995
25, 929
55, 816

304, 482
7,717
79, 241
19, 295
40, 412
36, 493
28, 582
56, 704

268, 906
9,140
59, 701
20, 744
23, 991
31, 328
25, 993
59, 664

254, 393
6,714
47, 909
15, 536
25, 339
18, 664
29, 410
67, 886

294, 445
9,004
53, 690
29, 276
29, 702
21, 366
33, 926
64, 340

363, 851
13, 106
73, 391
21, 772
35, 286
41, 550
43, 930
79, 514

334, 064
11, 532
78, 437
15,076
35, 517
35, 161
39. 927
68, 929

331, 967
14, 532
63, 476
17, 123
25, 460
45, 530
37, 193
80, 353

322, 889
12, 010
49, 079
24, 849
30, 619
40, 821
36, 451
84, 887

311, 805
11, 871
46, 181
13, 934
24,521
47, 568
36, 978
86,630

104

174

604

548

372

599

631

855

419

138

429

556

315

671

455

601

922

493
566

71, 687

575

430

104

312

Latin American Republics total©
Argentina
Brazil
Chile
Colombia
Cuba
IVTexico
Venezuela

do
do
do
do
do
do
do
do

Imports for consumption total
mil
By economic classes:
Crude materials
thous
Crude foodstuffs
Manufactured foodstuffs and beverages
Semimanufactures
Finished manufactures
By principal commodities:
Agricultural products total©

of dol

1, 028. 7

1, 044. 9

1, 042. 7

996.3

1, 126. 4

1, 001. 0

1, 044. 1

1, 110. 9

1, 002. 1

1, 124. 9

1, 086. 6 1, 088. 5

of dol
do
do
do
do

245, 503
175, 170
105, 562
244, 461
257, 995

248, 139
190, 195
100, 029
235, 889
270, 676

262, 475
146, 388
107, 490
247, 528
278, 847

244, 036
181, 028
91, 735
229, 690
249, 852

279, 927
143, 384
100, 869
281, 790
320, 467

236, 442
131, 537
79, 536
259, 861
293, 666

252, 885
167, 615
82, 201
268, 133
273, 266

259, 576
200, 433
102, 948
263, 812
284, 106

228, 295
207, 466
88,288
230, 715
247, 370

264, 568
177,038
113, 535
266, 217
303, 496

258, 999
152, 103
108, 788
259, 458
307, 240

268, 417
147, 109
112, 237
258, 292
302, 456

do

Coffee
Hides and skins
Rubber crude including guayule
Sugar
"\Vool jjQ^ mohair unmanufactured

do
do
do
do
do

326, 171
11, 568
125, 715
6,729
23, 108
44, 179
16, 974

340, 049
10, 803
140, 703
4,928
24, 831
42, 684
18, 307

304, 479
8,173
99, 704
6,494
22, 981
46, 591
19, 276

320, 486
6,748
139, 282
3,308
25, 661
37, 461
14, 398

289, 045
6,414
98, 906
4,356
32, 653
26, 694
17, 328

256, 906
6,103
93, 869
3,307
30, 394
14, 861
13, 989

308, 261
11,516
115, 785
3,866
36, 247
18, 587
15, 258

377, 609
20, 189
141, 758
4,242
29, 616
44, 067
25, 016

355, 723
9,405
163, 351
3,590
25, 095
38, 603
23, 474

356, 870
14, 256
119, 833
5,342
27, 963
45, 115
23, 322

329, 911
8,347
106, 302
4,928
38, 240
41, 903
19, 344

311, 256
7,752
96, 984
4,442
31, 269
42, 814
15, 357

702, 522
7,176

704, 879
5,694

738, 248
4,939

675, 856
4,553

837, 392
6,527

744, 137
3,218

735, 838
11, 555

733, 266
10, 523

646, 412
8,796

767, 984
9,125

756, 677
5,581

777, 255
7,562

122 581
52 265
11, 031
29, 221
57, 165
102, 986

107 091
38 977
11, 599
30, 298
59, 947
110, 145

119 800
41, 580
12, 906
31, 910
60, 289
104, 772

113 205
36 074
13, 053
27, 759
52 400
104, 179

135 718
47, 177
16, 800
32, 221
62, 913
121, 499

115 184
31 061
15, 568
28, 314
59, 852
104, 435

136 845
45, 968
14, 548
25, 566
56, 915
108, 021

129 739
47, 533
10, 830
25, 745
55, 072
125, 022

104 519
37, 246
8,956
27, 351
52, 936
113, 908

125, 644
40, 007
11, 531
26, 013
53, 689
130, 670

120 816
37, 563
9,610
24, 133
57, 970
128, 559

122 095
31, 824
13, 475
25, 959
57, 139
131, 559

Nonagricultural products total©
do
Furs and manufactures
do
Nonferrous ores, metals, and manufactures, total
thous of dol
Copper incl ore and manufactures
do
Tin including ore
do
Paper base stocks
do
Newsprint
do
Petroleum and products
do
r

v 979. 4

Revised.
» Preliminary.
$ Revisions for January 1954-January 1956 will be shown later.
1 See similar note on p. S-21.
cf Data for January-June 1956 are based on classifications in Schedule G and are not entirely comparable with other months.
9 Data for semimanufactures reported as "special category, type 1" are included with finished manufactures. Effective with the October 1956 SURVEY, private relief shipments of food
products are included under manufactured foodstuffs rather than under finished manufactures, where they had been reported through 1955.
©Includes data not shown separately.
§Excludes "special category, type 1" exports.




SUEVEY OF CURKENT BUSINESS

August 1057

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

S-23

1956
June

July

1957

DecemAugust SeptemOctober November
ber
ber

January

February

March

April

May

June

July

TRANSPORTATION AND COMMUNICATIONS
TRANSPORTATION
Airlines
Operations on scheduled airlines :§
Miles flown revenue
thousands
Express and freight ton- miles
flown
do__
Mail ton-miles
flown
do
Passengers originated, revenue
- do _
Passenger-miles flown, revenue
millions..

52, 823
19, 083
7,179
3, 536
2,085

54, 891
18, 069
6 810
3,097
1,878

55, 582
22, 256
7,408
3,392
2,007

53, 368
22, 747
7,018
3,301
1,902

55, 165
25, 111
7 892
3,421
1,879

51 671
22,803
7 522
3 040
1,656

54 232
23, 344
10 482
2,916
1,765

56 255
20, 431
7 866
3 045
1,896

51 685
18, 272
7 397
2 808
1,702

59 225
20, 930
8 243
3,327
2,006

57, 716
20,390
8 126
3,371
2,008

59 864
23, 610
8 357
3 433
2,016

thous. of dol__
- -_do__

32, 425
12, 360

30,094
10, 664

33, 134
13, 508

32, 038
11, 354

37, 797
16, 415

34, 427
12 262

41, 024
15, 393

31, 391
9,758

30, 125
9,019

33, 445
11, 823

29,827
9, 347

22, 506
4 939

cents.
millions. _
..mil. of dol__

15.0
708
114.7

15.0
653
111.0

15.1
681
115.0

15.1
685
106.4

15.2
772
123.3

15 2
735
120.6

15.4
739
124.4

15.5
728
119.3

15.6
668
110.6

15.7
732
117.6

15.7
730
120.2

15 7
743
120 3

15.7
661

Express Operations
Transportation revenues
Express privilege payments
Local Transit Lines
Fares average cash rate O
Passengers carried, revenue
Operating revenues

Large Motor Carriers (Intercity)
Carriers of property (quarterly totals) :1
Number of reporting carriers
Operating revenues total
thous. of dol
Expenses total
- - ..do
Revenue freight carried
thous of tons
Carriers of passengers, class I (quarterly totals) :
Number of reporting carriers
Operating revenues, total
__thous. of dol__
Expense5! total
do
Revenue passengers carried
_ _ .thousands. _
Class I Railways
Freight carloadings (A. A. R.):d"©
Total cars
thousands..
Coal
do. .
Coke
- -_
do
Forest products
do _
Grain and grain products
do
Livestock
do
Ore
do
Merchandise, 1. c. 1
- -do
Miscellaneous
do
Freight carloadings (Federal Reserve indexes) :0
Total unadjusted
1935-39=100
Coal
do
Coke
do
Forest products
do
Grain and grain products
do
Livestock
do
Ore
do
Merchandise 1 c 1
do
Miscellaneous
_.
do
Total seasonally adjusted
do
Coal
do
Coke
do
Forest products
_do__ _
Grain and grain products
do
Livestock
do_ __
Ore
do
Merchandise, 1. c. 1
_ _do
Miscellaneous
do
Freight-car surplus and shortage, daily average:©
Car surplus, total 9
number
Boxcars
- do
Gondolas and open hoppers
do
Car shortage, total 9
_
__ do
Boxcars
_ __
do
Gondolas and open hoppers
do
Financial operations:©
mu
Operating revenues total 9
*' °f dol
Freight
_ _ _
_ do
Passenger
_
do _
Operating expenses
do
Tax accruals, joint facility and equipment rents
mil of dol
Net railway operating income
do
Net income t
do
Operating results:©
Freight carried 1 mile
mil of ton-miles
Revenue per ton-mile
cents

892
883, 010
840, 256
58, 644

887
888, 184
848, 788
57, 084

881
955, 411
935, 317
60, 661

848
924, 470
892, 707
59, 397

151
95, 227
86, 566
71, 404

147
115, 901
93, 661
74, 588

149
94,415
88, 359
69, 084

150
84, 767
86 039
63, 154

3,863
646
62
236
293
30
432
290
1,873

2,397
396
17
178
245
27
85
218
1,230

2,916
546
34
198
225
37
234
241
1,402

3,938
700
59
228
262
60
418
304
1,908

3,284
584
49
181
227
59
349
249
1,584

2,988
563
50
166
203
44
265
230
1 468

3,392
684
65
194
246
33
168
263
1 741

2,565
528
52
155
201
24
81
200
1,324

2,616
521
55
154
202
21
83
217
1,364

3,446
691
66
203
264
28
119
290
1,784

2,696
525
49
157
192
22
151
225
1, 375

2 888
532
45
159
191
23
321
220
1 396

3,631
680
52
203
236
23
441
264
1,731

2 707
405
41
149
251
20
363
201
1 277

131
107
155
155
170
44
304
37
143

110
87
55
151
179
51
78
36
121

126
113
118
159
155
67
224
38
135

138
120
156
151
154
91
313
40
150

138
120
155
146
159
103
304
39
149

132
122
166
140
147
77
224
37
144

121
114
170
127
143
46
110
34
135

117
112
171
128
147
44
72
33
130

116
109
173
128
144
38
77
35
130

120
114
166
131
148
40
82
37
134

117
108
153
127
135
40
142
35
130

122
110
142
129
134
40
290
35
131

124
114
132
134
136
33
313
34
133

US
90
136
127
183
36
331
33
126

126
107
158
149
167
58
196
38
138

107
87
57
151
149
58
49
36
120

123
113
123
152
143
71
149
38
134

127
120
157
140
138
69
208
38
139

128
120
158
138
159
67
215
38
137

128
122
166
143
150
61
215
37
138

133
114
162
142
152
48
354
35
143

130
112
163
143
147
46
290
35
142

127
109
163
134
147
47
307
36
138

130
114
165
131
160
51
283
36
141

120
108
156
127
153
45
188
35
132

119
110
143
124
153
44
188
35
130

119
114
135
129
133
* 43
202
34
129

113
90
140
126
152
43
207
33
125

7,663
3,767
40
6,686
2,642
3,490

24,806
2,577
17, 683
4,014
2,966
735

14, 386
3,218
7,519
6,882
2,905
3,561

4,715
446
148
12, 371
4,316
7,604

3,763
27
0
15, 883
6,085
9,174

4,228
1,104
24
7,844
2,355
5,345

6,637
1,052
191
3,507
1,024
2,408

13, 331
5,776
326
1,646
551
976

8,329
3,274
374
2,406
1,272
989

6,428
2,331
543
1,851
1,118
619

8,553
3,132
388
1,203
348
694

16, 339
8,915
204
889
134
662

24, 248
16, 797
240
1,773
117
1,517

20, 437
9,285
4,278
1,608
672
859

900. 0
' 759. 3
69.1
686.4

807.6
670.7
72.2
654 4

907.3
764.7
70.9
679.7

874.9
745.2
59.3
657.9

963.2
828.0
56.5
699 4

887.6
758.8
57.4
687 1

871.0
720.6
71.3
689 3

855.6
724.9
65.8
688 6

815.5
695.9
57.6
643 3

903.6
776.9
58.0
690. 1

886.1
758.8
59.7
690 4

906.5
780.5
59.7
713.6

867.9
735.2
67.8

119 1
95. 3
77.2

91 8
61.4
43.3

124 0
103.6
86.7

119 5
97.4
77.6

142 1
121.7
103.1

112 7
87.8
68.1

95 9
85.8
95.4

108 7
58.3
43.1

106 4
65.7
47.0

123 6
89.9
71.2

114 5
81.2
60.6

112 2
80.8
64.5

74.0

56, 373
1.392
2 584

48, 304
1.439
2 792

57, 350
1.380
2 745

57,606
1 342
2 241

60, 730
1.396
2 094

55, 291
1 407
2 047

54, 108
1.368
2 601

51, 591
1 452
2 347

49, 405
1.448
1,981

56, 977
1.413
2,012

52, 962
1.463
2,068

56,590

r

r

Waterway Traffic
Clearances, vessels in foreign trade:
13, 229
10, 849
11,777
14, 476
13. 030
13, 826
12, 467
12, 620
13, 288
13, 347
Total U S ports
thous of net tons
8,555
10, 261
9,308
9,888
9,644
10, 788
9,989
9,715
10, 552
9,922
Foreign vessels
do
2,968
2,294
2,469
3,041
3,274
2,732
2,752
3,644
3,688
3
425
United States vessels
do
Panama Canal:
4,813
4,397
4,253
4,586
4,522
3,897
3,878
4,608
3,559
3,743
3,814
3,576
3,871
Total
thous. of long tons
1,229
975
1,282
1,233
930
1,055
959
891
905
1,200
1,022
1,048
1,027
In United States vessels
do
r
Revised.
§Beginning January 1955, data include local service operations of one carrier.
p Revisions for January-December 1954 are available upon request.
tData beginning 1st quarter 1955 cover large motor carriers having annual operating revenues of $1,000,000 or above.
©Beginning January 1956, data cover the revised I. C. C. list of class I railroads; i. e., carriers having annual operating revenues of $3,000,000 or more (old basis, $1,000,000 or more).
cfData for June, September, and December 1956 and March and June 1957 are for 5 weeks; other months, 4 weeks.
9 Includes data not shown separately.
^Revision for May 1956, $86,300,000.




SURVEY OF CURRENT BUSINESS

S-24
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

August 105
1957

1956
June

July

August

Septem- October Novem- December
ber
ber

January

February

March

April

May

June

July

TRANSPORTATION AND COMMUNICATIONS—Continued
TRANSPORTATION— Continued
Travel
Hotels:
7.99
Average sale per occupied room
dollars. _
74
Rooms occupied _
percent of total
286
Restaurant sales index
. same month 1929=100 Foreign travel:
U. S. citizens: Arrivals
_
number _ 116, 598
169, 866
Departures
_ do
74, 695
Aliens: Arrivals
_
do
53, 235
Departures
do
Passports issued and renewed
... . - do _ . 60, 712
3,008
National parks, visitors
thousands
Pullman Co.:
583
Revenue passenger-miles
millions
8,243
Passenger revenues
thous. of dol

7.48
64

240

144, 294
157,539
82, 192
52, 603
54, 512
4,706

8.37
71

273

168, 916
133, 981
86, 161
55, 472
41, 001
4,660

8.17
74

268

144, 661
101, 622
96, 130
52, 428
31, 930
2,214

8.58
81

8.39
69

278

257

110,808
90, 223
80, 991
47, 484
31, 578
1, 151

88, 653
78, 796
75, 116
43, 139
24, 299

7.53
57

241

85, 987
90, 272
69, 458
50 458
23, 001

461

290

7.91
72

262

86, 989
95, 826
76, 052
35, 271
39, 245

302

8.07
74

7.88
71

270

253

91, 217
104 618
63, 306
34 484
49, 970

109, 421
116, 920
87, 010
45 942
69, 146

364

8.43
73

268

103, 026
115, 179
85, 423
45, 465
76, 301

480

726

7.84
73

312

289

7.93
63
2.52

57, 208
3 127

51, 892
5,033

105, 765
83, 063
82, 755
1,183

551

561

506

461

521

524

506

459

7,941

589

7,807

7,159

7,238

6,554

7,397

8,979

7,989

7,711

7,001

6,342

506, 108
288, 724
173, 635
334, 396
70, 217
50, 568

504, 721
286, 352
174, 157
339, 207
67,683
50, 819

519, 153
289, 298
184, 899
345, 077
71, 485
51, 097

503, 100
290, 175
167, 680
328, 318
71, 627
51, 392

528, 393
298, 202
184, 414
352, 786
72, 536
51, 722

520, 872
297, 972
176, 933
352, 456
68, 729
52, 034

536, 491
304, 385
185, 135
348, 942
78, 940
52, 475

538, 572
307, 397
184, 278
353, 586
74, 122
52, 897

520, 662
303, 413
170, 471
332, 369
76, 025
53, 156

539, 632
306, 349
186, 255
355, 372
75,788
53, 431

548, 780
311,431
189, 272
362, 395
75, 815
53, 741

556, 390
312, 830
195, 422
370, 365
75, 664
54,005

20, 020
17, 766
1,334

19, 013
18, 019

90

20, 544
18, 542
1,114

19, 565
17, 550
1,354

21, 839
18 372
2,676

20, 250
17, 879
1,713

20,828
18, 135
2,264

20, 680
18, 299
1,371

19, 182
16 924
1.306

20, 600
17 859
1,763

21,033
18,317
1,732

21, 699
18 966
1,733

2,854
2,102

2,839
2,140

2,826
2,143

2,760
2,106

2,952
2,164

3,078
2,205

3,094
2,072

626

728

3,034
2,231

2,689
2,249

2,879
2,340

2,824
2,313

3,055
2,486

3,656
2,519
1,069

3,569
2,653

3,591
2,641

3,332
2,443

3,501
2,567

3,413
2,545

3 567
2,622

508

8.39
72

416

COMMUNICATIONS
Telephone carriers:
Operating revenues 9 - Station revenues
Tolls, message
Operating expenses, before taxes
Net operating income
_
Phones in service, end of month

thous. of dol- _
do
do
do
do
thousands

Telegraph, cable, and radiotelegraph carriers:
Wire-telegraph:
Operating revenues _ .
-thous. of dol__
Operating expenses, incl. depreciation
do
Net operating revenues
__
- - do
Ocean-cable:
Operating revenues .
do
Operating expenses, incl. depreciation
do _
Net operating revenues _
__
do
Radiotelegraph:
Operating revenues
do
Operating expenses, incl. depreciation. _._ do
Net operating revenues
do

487
3,237
2,430

688

434

3,177
2,440

628

440

3,307
2,484

705

408

3,044
2,384

580

520

3,407
2,519

823

814

528

843

197
791

272

239

833

767

287

844

CHEMICALS AND ALLIED PRODUCTS
CHEMICALS
Inorganic chemicals, production:©
Ammonia, synthetic anhydrous (commercial)
short tons.. 262, 093
83, 824
Calcium carbide (commercial)
do
92, 425
Carbon dioxide, liquid, gas, and solid
do
308,
928
Chlorine gas
do
74, 168
Hydrochloric acid (100% HC1) _ _
do-._

248,384
74, 490
95, 002
255, 541
57, 777

242, 584
76, 718
94, 183
298. 799
68, 513

257, 014
81, 693
77, 232
320, 882
77, 549

272, 708
94, 472
69, 367
333, 775
80, 799

264, 436
92, 637
59, 904
329, 457
80, 754

290, 512
92, 793
56, 790
341, 125
78, 875

302, 504
89, 275
54, 253
334, 403
78, 852

294, 103
77, 754
53, 435
291, 428
75, 145

320, 733
86, 268
60,643
326, 599
80, 957

321, 529 «• 334, 209
87, 443
81, 098
' 66, 550 ' 81, 677
327, 920 342, 813
' 76, 241 74, 049

308, 775
74, 752
91, 538
329, 048
72, 611

191,356
2,620
299, 338

184,671
1,524
235, 900

205,093
2,416
263, 647

197,414
2,643
289, 747

207,745
2,883
320, 709

209,746
2,809
279, 192

231,630
2,893
275, 711

237, 519
2,802
337, 694

231, 148
2,109
351, 157

250,040
2,524
380, 992

245, 241
r
2, 502
356, 352

253,
287
r
2, 619
383, 249

212, 616
2,390
330, 568

405, 607
9,444
347, 304

402, 926
7,779
283, 019

409,008
10, 344
327,407

403, 414
10, 263
354, 664

423, 468
10, 657
366, 521

401, 919
10.115
358, 153

394, 497
9,649
375, 554

379, 549
9,285
365, 413

376, 731
8,871
321, 922

414, 879
9,642
354, 297

403, 736
9,860
360, 937

400, 698
9,649
378, 190

377, 202
9,341
356, 679

Nitric acid (100% HNOs) J
do
Oxygen (high purity)
- - mil. of cu. ft.
Phosphoric acid (50% HsPO^
short tons_.
Sodium carbonate (soda ash), synthetic (58% Na2O)
short tons__
Sodium bichromate and chromate
- do
Sodium hydroxide (100% NaOH)
do
Sodium silicate, soluble silicate glass (anhydrous)
short tons_Sodium sulfate (Glauber's salt and crude salt cake) t
short tons
Sulfuric acid:
Production (100% IhSOO t
thous. of short tons..
Price, wholesale, 66°, tanks, at works
dol per short ton
Organic chemicals :d"
Acetic acid (synthetic and natural), production
thous. of lb._
Acetic anhydride, production
do. _ .
Acetylsalicy lie acid (aspirin), production
do
Alcohol, ethyl:
Production
thous of proof gal
Stocks, end of month, total
do
In industrial alcohol bonded warehouses do
In denaturing plants..
-do
Used for denaturation
do
Withdrawn tax-paid .
do
Alcohol, denatured:
Production
_ _
_ thous. of wine gal.
Consumption (withdrawals)
do
Stocks, e n d o f month _ _ _ _ _ _
do

46, 827

45, 569

51, 929

47, 597

60, 779

65, 837

50, 677

55, 869

50, 786

54, 466

53, 137

55, 470

44, 912

63, 857

62, 258

67,097

72, 782

76, 418

75,024

75, 265

76, 657

69, 546

76, 249

74, 626

73, 093

66, 537

1,284

1,139

1,200

1,287

1,380

1.327

1,339

1,386

1,310

1,418

1,382

' 1, 423

1,308

22.35

22.35

22.35

22.35

22.35

22.35

22.35

22.35

22.35

22.35

22.35

22.35

p 22. 35

46, 410
74, 232
1,731

44, 480
73, 797
1,271

47, 922
72, 202
1,046

45, 692
74, 808
1,003

49, 343
70, 277
1,356

46, 853
75, 122
1,488

49, 737
90, 378
1,618

53,628
85, 428
1,491

41, 227
74, 946
1,512

41, 136
76, 985
1,208

32, 738
64, 305
1,570

38,895
61, 546
1,473

43, 755
38, 165
25, 853
12, 311
41, 375
1,033

40, 044
40, 613
28, 898
11, 715
38, 960
574

38, 201
43, 576
30, 807
12, 770
36, 692
917

32, 942
40, 078
30, 486
9,591
40, 054
900

36, 066
37, 290
27, 157
10, 132
38, 498
1,120

36, 656
33, 844
25, 403
8,441
36, 240
1,307

36, 459
33, 858
25, 533
8,325
35, 059
1,098

36, 322
33,337
25, 777
7,560
42, 818
943

32, 766
31,214
23, 869
7,345
33, 326
925

35, 429
29, 418
20, 791
8,626
35, 253
834

33,631
28,051
18, 734
9,317
35, 275
736

33, 444
26, 510
17, 530
8,980
33, 510
1,044

31, 755
26, 597
18, 018
8,579
30, 793
1,071

22, 346
24,387
6,855

20, 932
19, 050
8,678

19, 770
20, 930
7,356

21, 487
19,115
9,964

20, 769
20, 106
10, 588

19, 588
18, 881
11, 178

18, 899
19, 865
10, 421

23, 053
21, 140
12, 194

17, 896
18, 370
12, 135

19, 040
20, 365
11,064

19, 047
19,886
9,746

18, 133
19, 044
8,181

19, 665
17, 752
5,978

14, 267
11, 201
8,306
95, 181
107, 918

7,978
10, 878
8,748
93, 089
109, 149

8,955
9,311
5,702
82, 526
105, 976

9,796
11, 522
6,371
89, 577
111, 620

10, 414
11, 766
7,420
97, 156
105, 163

11, 052
12, 880
6,061
98, 873
104, 614

Creosote oil, production
thous. of gal. . <» 11, 363 ' i 5, 368
11, 927
DDT, production.
thous. of lb.. 12, 100
6,736
5,398
Ethyl acetate (85%), production
do
72, 263
Ethylene glycol, production _ _
do
85, 686
112, 656
86, 139
Formaldehyde (37% HCHO), production
do
Glycerin, refined, all grades:
13, 914
20,415
Production
do
14, 142
16, 254
Consumption
. _ _ _ _
do
48, 468
46, 357
Stocks, end of month
do
Methanol, production:
200
194
Natural
thous. of gal
19, 054
19, 386
Synthetic
..
-do
24, 965
Phthalic anhvdride, production
thous. of lb._ 22, 919

' 9, 123 ' 10, 112 ' 11, 699 ' 12, 172
12, 138
11,912
10, 641
10, 949
8,285
8,111
6,969
10, 171
84, 495
90, 119
95, 494
89, 261
108, 512 114, 430 119, 056 116, 914

T

20, 767
15, 785
48, 127

19, 705
15, 523
48, 862

20, 666
16, 928
48, 094

22, 656
16, 103
50, 618

19, 624
15, 276
51, 018

22, 811
17, 029
51, 634

19, 642
15, 345
51, 974

20, 799
16, 641
52, 058

21, 556
16, 026
54, 348

196
19, 720
24, 143

198
17,468
22, 690

189
20, 004
27, 002

156
19, 408
25, 041

T72
21, 312
27, 093

171
20, 503
25, 561

166
18, 144
27, 242

197
18, 701
27, 080

193
16, 647
30. 226

* Revised.
p Preliminary.
1 Incomplete; comparable amount for June 1956,10,509,000 gallons.
9 Includes data not shown separately.
ORevisions for 1954 and 1955 will be published later.
JRevised to include amounts produced in Government-owned privately operated plants; data for 1954 and 1955 on same basis will be published later.
cfData (except for alcohol) are reported on basis of 100-percent content of the specified material unless otherwise indicated.
« Revisions January-May 1956 (thous. gal.): 9,536; 8,817; 10,163; 9,144; 10,162.




17, 918
21,873
' 17, 782 15, 904
53,629
55, 095
201
16, 329
31. 444

187

SUEVEY OF CUREENT BUSINESS

August 1057

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

S-25

1956
June

July

1957

DecemOctober NovemAugust September
ber
ber

January

February

March

April

May

June

July

CHEMICALS AND ALLIED PRODUCTS—Continued
FERTILIZERS
Consumption (10 States)©
thous. of short tons
Exports total 9
short tons
Nitrogenous materials
do
Phosphate materials 9--- - -- do
Potash materials
do

656
458, 626
92, 969
336, 710
16, 400

237
613 473
69, 233
509, 481
29, 828

187
470, 576
71, 239
339, 885
47, 438

246
382, 821
55, 303
294, 718
18,229

422
490 565
78, 341
350, 392
48, 759

461
380 619
52, 707
279, 727
39, 574

368
368 561
91,922
226, 041
35. 031

384
391 541
68, 610
264, 038
42 660

711
400 633
91, 201
259, 695
23, 146

1,307
572 080
136, 510
334, 222
66, 979

1 178
1 722
603
605 734 547 058 597 953
81, 768
117 457 120 399
364 178 366, 275 458, 945
45, 042
27 059
86 548

132, 140
Imports, total 9
-do
84, 001
Nitrogenous materials, total 9
do
53, 620
Nitrate of soda 9
do
15, 564
Phosphate materials
do
Potash materials
_
do __
3,893
Price, wholesale, nitrate of soda, crude, f. o. b. cars,
51.25
port warehouses
dol. per short ton _

70, 690
42 309
6,212
7,369
6,099

129, 891
67, 116
0
14, 522
24, 081

143, 919
70, 165
0
18, 311
32, 946

146, 066
86 597
8,859
12 769
23, 233

238, 657
184 358
83, 707
3 080
37, 214

227, 306
158 937
78, 702
10 218
39, 842

167, 168
113 043
30, 483
7 336
20,606

203, 735
101 561
21, 213
9 672
53, 485

211, 583
115 218
23, 566
12 138
32, 622

260
167
94
9
24

51.25

51.25

51.25

49.50

49.50

49.50

49.50

49.50

49 50

49 50

48 00

v 48. 00

Potash deliveries __.
_. _ _
.short tons__ 60,904
Superphosphate (100% available phosphoric acid):
Production
. _
short tons. _ 169, 568
388, 045
Stocks, end of month
do

92, 399

124, 323

139, 283

147, 407

160, 260

179, 599

162, 814

183,140

266, 028

269/417

165, 546

121, 134

136, 778
404, 796

143, 456
406, 665

171, 604
393, 665

207, 487
393 426

208, 098
401 524

207, 611
414 207

219, 855
414 922

216, 022
418, 947

229, 529
322, 033

225 072 rr211,784
233 405 206 881

170, 537
271, 717

572
82, 831

389
70, 574

448
82, 333

415
78, 839

441
88, 843

640
77, 063

494
67, 568

546
70, 015

722
67, 094

246
71, 654

223
79 924

137
82 235

107
68, 207

565
3,330

621
3,494

598
3,637

524
3,681

529
3,706

515
3,852

534
3,936

495
3,998

440
4,088

472
4,102

462
4,049

429
4,093

440
4,087

18, 738
13 919
14, 497

17, 090
14, 422
16, 377

17, 836
20, 197
11. 679

14, 712
16, 557
7,895

18, 305
19, 200
8,386

21, 315
17 764
12, 109

20, 257
15, 612
18, 986

22, 837
21,537
20, 279

27, 085
27, 676
20, 442

22, 362
22 453
20, 668

22, 180
22 503
20 469

27 274
28 510
19 680

21, 976
23, 265
17, 364

222, 085
129, 162
322, 302

207, 829
104, 126
329, 256

223, 301
140, 555
311, 126

198, 140
131, 086
297, 957

225, 356
144, 904
299, 535

239, 443
131, 692
337, 568

225, 051
128, 883
342, 194

236, 928
145,660
349, 056

239. 230
133, 123
347, 889

215, 198
146, 703
288, 052

208. 585
139, 888
254, 929

230 325
143, 522
248 253

212, 554
130, 684
250, 302

34, 638
10, 509
75, 052

39, 214
9,053
85, 977

37, 688
11, 457
86, 981

21, 703
9,748
114, 465

14, 722
12, 059
115, 838

7,964
11, 302
115, 366

12, 271
14, 738
102, 606

1,031
13, 626
87, 079

515
14. 689
71, 646

411
10, 522
59, 407

1 358
11, 570
54 107

416
452

364
376

395
456

497
448

699
624

649
580

614
553

647
573

587
501

582
508

527
515

519
426

471
348

503
313

548
343

584
384

616
409

602
447

596
461

616
463

thous. oflb
do
do
do

150, 194
35, 101
3,622
31, 479

119, 263
44, 895
5,728
39, 167

103, 390
45, 248
2,937
42, 312

119, 378
24, 992
1,215
23, 777

105, 891
39, 040
6,616
32, 424

98, 029
41, 247
3,263
37, 983

191, 247
35, 709
1,830
33 879

165, 797
47, 121
2,476
44, 645

145, 373
26, 555
3,182
23, 373

203, 976
50 333
2,034
48 300

short tons
do
do

30, 614
20, 016
26, 309

29, 643
10,830
22, 350

25, 879
13, 350
27, 474

25, 171
16, 690
26, 523

35, 504
12, 967
31, 265

27 230

27, 503

36, 783

23, 484

30, 277
16,787
28, 697

24, 480
18, 177
25,686

26 621
27, 178
31 372

_thous. of lb_.
__
do

39, 306
36, 377

38, 138
27, 650

33, 590
32, 345

32, 586
31,906

45, 059
33, 630

34, 510
31 081

35, 097
28, 776

38, 967
30, 670

31, 114
29,902

do
do

55 970
35, 335

44, 211
25, 816

52, 165
33, 397

50, 553
29, 379

52 414
32, 175

47 123
27 982

45 760
27, 961

50 094
28, 906

do
do
- do

59, 566
13 745
17, 430

61, 160
13 456
13, 587

51, 861
13 068
27,033

61, 767
13 620
11, 368

58 391
11 483
11, 392

59 516
15 917
23, 557

70, 274
15 739
17,262

20
151
154

142
119
177

365
182
361

1,274
526
1,108

1,573
722
1,959

1,071
677
2,353

74, 363
214, 803

62, 286
164, 187

85, 222
120, 288

249, 069
140,916

346, 400
170, 814

54, 412
38, 162

43, 472
40, 375

58, 108
52, 108

165, 478
96, 275

73 667
105, 688
17, 125

34 607
84, 298
13, 986

47 268
104, 902
17 671

69 432
96, 977
19, 353

485
161
189
582
101

214
144
84
10
7
r

395
266
590
103
969

MISCELLANEOUS
Explosives (industrial), shipments:
Black blasting powder
thous. of Ib
High explosives
do
Sulfur (native):
Production
thous. of long tons
Stocks (producers'), end of month
do
FATS, OILS, OILSEEDS, AND BYPRODUCTS
Animal fats and greases: d"
Tallow, edible:
Production
thous. of Ib
Consumption factorvt t
do
Stock (incl refined grades), end of month
do
Tallow and grease (except wool), inedible:
Production t
-do
Consumption, factoryf t- --do
Stocks (excl. refined grades), end of month do
Fish and marine mammal oils: A
Production J
Consumption, factory^
Stocks end of month

do
__do___
do

Vegetable oils, oilseeds, and byproducts:
Vegetable oils, total:
Production crude J
mil. oflb
Consumption, crude, factory J
do
Stocks, end of month: J
Crudet ~
-- -- --do
Refined %
do
Exports 9
Imports, total 9
Paint oils
All other vegetable oils 9
Copra:
Consumption, factory
Stocks, end of month
Imports
Coconut or copra oil:
Production:
Crude
Refined . .
__
Consumption, factory :t
Crude
Refined
Stocks, end of month:
Crude
RefinedJ
Imports9

« __ .

Cottonseed:^
Receipts at mills
thous. of short tons
Consumption (crush)
_ _
do
Stocks at mills, end of month..
do
Cottonseed cake and meal:J
Production. _ _ _
short tons
Stocks at mills, end of month
do
Cottonseed oil, crude \\
Production
thous. oflb
Stocks, end of month
_
do
Cottonseed oil, refined:
Production
do
Consumption, factory!
do
In margarine
.
do

r
r
T

12 280
12, 423
57 332

13, 478
10, 946
62, 599

501
471

472
455

416
471

605
456

597
416

476
367

550
098
855
243

141, 372

27 222
20 235
23 231

27 325
13 219
15 960

21 887
8,748

34, 031
42 310

34, 459
36 211

35 415
34 962

28, 488
34 364

46 602
31, 098

61 969
37 400

55 205
37 082

54 162
33 266

51 142
35 729

73 592
15 492
22, 188

62 803
10 440
5,922

61 729
15 260
19 690

57 866
13 065
15 245

50 849
11 436
10* 060

40 881
9 027

340
570
2,123

114
613
1,624

43
492
1,176

25
400
801

10
278
533

11
224
320

10
147
183

327, 720
186, 106

274, 304
187, 819

293, 321
194, 737

238, 857
228, 210

192 415
263, 956

135 735
279, 436

72 366
287, 779

241, 749
147, 953

229, 605
173 802

192, 572
178, 477

207, 691
170, 536

170, 419
168 091

139 383
142 267

023
212
445
760

161 282
124, 424
23, 681

159 780
127, 954
24 474

146 516
122, 138
28, 825

163 853
131,666
31, 636

132 848
113, 600
29 561

106 524
109, 669
26 119

543
940
669

65 405
105, 878
13 573

114
39
4
34

055
417
769
648

76
40
9
30

112
293,
99 742 r gi
116 696 107
90 323
74
100, 139 106,
19
20 579

53 599
70 242

Stocks, end of month %
mil. oflb
328
237
267
197
227
158
244
180
285
245
278
288
205
Price, wholesale, drums (N. Y.)
dol. per lb__
.210
.208
.200
.190
.190
.223
208
.190
.223
.223
195
p. 180
180
p
Revised.
» Preliminary.
©States represented are: North Carolina, South Carolina, Georgia, Florida, Alabama, Tennessee, Arkansas, Louisiana, Texas, Oklahoma. According to quarterly reports from Virginia,
consumption in that State is as follows (thous. short tons): 1956—January-March, 270; April-June, 325; July-September, 76; October-December, 79; 1957—January-March, 277.
9 The totals for fertilizer
ser exports ana
and imports mcmae
include aata
data not snown
shown separately. ±vevisions
Revisions lor
for June lyoo-january
1955-January iyoo
1956 lor
for ail
all indicated
ma
items will be published later.
cfFor data on lard, seee p. S-29.
* to
' 1955 for tallow
'
'" appear later,
S-29. ""
Figures prior
(not shown in the 1955 BUSINESS ~STATISTICS)* will
^Consumption figures for
for edible tallow
. _ . . . exclude quantities used in refining; those for inedible tallow, etc., include such quantities,
{Revisions for 1954 and
id 1955 (also for 1953 for cottonseed and products) will be shown later.
ABeginning 1955, data may include some refined oils (not formerly included); consumption figures exclude data for cod, cod-liver, and other liver oils, and stocks include only the quantities
of these oils held by producing firms.




SUEVEY OF CURRENT BUSINESS

S-26
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

August 1937

1956
June

July

1957

DecemOctober NovemAugust September
ber
ber

January

February

March

May

April

June

July

CHEMICALS AND ALLIED PRODUCTS—Continued
FATS, OILS, ETC.-Continued
Vegetable oils, oilseeds, and byproducts— Con.
Flaxseed:
Production (crop estimate)
thous. of bu
Oil mills: t
Consumption
do
Stocks end of month
do
Price, wholesale, No. 1 (Minneapolis) _dol. per bu__
Linseed oil, raw:
Production^
_ _.
thous. of Ib
Consumption factory!
do
Stocks at factory, end of month J
do
Price wholesale (Minneapolis)
dol per Ib
Soybeans:
Production (crop estimate)
thous. of bu
Consumption, factory
_do
Stocks end of month
do
Soybean oil:
Production:
Crude
.
thous. of lb__
Refined
do
Consumption, factory, refined t
-- _do__
Stocks, end of month:
Crude
.
do
Refined t
do
Price wholesale refined (N Y )
dol per Ib
Margarine:
Production
thous. of Ib
Stocks (factory and warehouse), end of motf1 do
Price, wholesale, colored, delivered (eastern U. S.)
dol per Ib
Shortening:
Production
thous of Ib
Stocks end of month d"1
do

i 48, 712

2 41, 210

1,920
1,212
3.38

946
762
3.34

933
1,051
3.28

2,308
2,271
3.25

4,020
4,945
3.27

3,295
4,557
3.41

2,925
4,010
3.44

2,304
3,516
3.40

2,239
3,433
3.34

2,586
2,066
3.23

1,500
1,748
3.17

1,561
1,422
3.16

1,508
2 352
3.07

38, 448
40, 275
113, 017
.142

19, 196
34, 815
95, 665
.134

18, 575
43, 420
71, 051
.130

46, 931
41, 844
75, 388
.127

81, 565
65, 278
86, 694
.131

66, 563
40, 884
111,301
136

59, 004
38, 212
115,410
.136

46, 864
37, 985
111,821
.134

45, 657
33, 825
128, 945
.133

52, 970
39, 009
144, 223
. 131

31, 106
40, 890
135, 446
.127

31, 929
35 442
123,
646
r
. 127

30, 533
42, 438
69, 912
•p. 127

22, 230
36, 651

20, 378
26, 460

21, 793
12, 360

19, 877
20, 525

27, 928
78,011

26, 591
79 070

i 455, 869
26, 988
70, 354

28, 420
65, 517

26, 622
56, 332

28, 909
44, 232

27, 328
33, 533

26, 476
24 678

24, 694
18, 724

248, 636
205, 257
211, 447

228, 348
193, 610
196, 948

249, 027
223, 378
241, 688

221, 302
203, 733
221,794

301, 802
252, 552
258, 763

284, 820
244, 824
237, 131

289, 736
233, 159
224, 344

305, 156
240, 523
222, 557

287, 218
209, 184
208, 924

313, 006
220, 333
210, 687

298, 230
213, 476
207, 436

289, 605
217,495
213, 302

271. 970
238, 089
235, 912

179, 630
116,853
.200

174, 970
112, 828
.175

154,421
100, 148
.175

139, 671
86, 865
.163

132, 946
77, 178
. 175

125, 466
83, 974
195

140, 996
92, 130
.190

134, 093
103, 973
.200

129, 964
99, 970
.200

150, 434
97, 821
200

173, 139
97, 212
.185

195, 853
101, 845
175

180, 480
98, 325
p 175

85, 242
24, 698

81, 436
20, 276

106, 727
22, 356

114, 970
22, 236

134, 584
21, 556

132 545
25, 292

124, 951
27, 584

132, 373
29, 874

121, 685
32, 143

120, 472
34, 814

122, 897
27, 426

116, 196
29, 963

98, 088
28, 855

.273

.273

.273

.273

273

282

.292

.292

.292

292

.282

275

P 275

127, 868
168, 524

100, 700
154, 761

150, 554
141, 573

133, 396
129, 175

178,089
119, 437

179 909
105, 477

157, 141
122, 047

160, 015
126, 807

144, 252
133,017

129, 420
138, 595

127, 363
129, 987

150 741
123, 001

147 478
130, 125

thous of dol
- do _
do

146, 149
54, 749
91, 400

133, 828
50, 236
83, 592

146. 788
56, 346
90, 442

128,411
48, 930
79, 481

140, 309
58, 374
81, 935

121, 488
55, 280
66, 208

97, 308
45, 645
51, 663

125, 401
54, 539
70, 862

112,467
50, 131
62, 336

130, 966
55, 378
75, 588

145, 055
57, 566
87, 489

157 569
59, 768
97 801

152 899
55, 370
97 529

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

4,055
7,254
487
407

2,355
5,872
344
370

3,815
7,395
443
554

3, 945
8, 579
324
279

3,837
9,390
396
564

3,374
9,291
365
551

3,724
8,452
317
472

3,491
7, 456
377
525

3,292
7,187
429
375

4, 253
8,289
379
500

3,823
7,168
357
528

3,658
7,672
412
466

40, 607
44, 023
25, 083
54, 796
29, 643

31, 207
41, 277
15, 901
49, 751
25, 730

37, 826
44, 288
21, 171
57, 121
30, 421

37, 598
44, 314
21, 759
60, 237
27, 652

43, 493
48, 789
25, 691
67, 176
35, 383

40, 145
44, 467
24, 269
65, 900
34, 509

35, 206
41,794
21,370
67, 870
27, 874

41, 373
43, 507
23, 097
67, 096
34, 948

37, 064
46, 097
22, 556
64, 005
29, 980

39. 816
51, 041
25, 910
70, 419
31, 879

' 35, 442
T
48, 871
'r 24, 217
67, 640
r
32, 382

39, 251
48, 598
23, 971
71, 363
34, 715

10, 544
6,212
45, 634
13, 170

8,729
5,641
45, 998
11, 740

11, 398
6,634
49, 790
13, 140

9,377
5,369
51, 089
13, 298

10, 908
6,473
49,110
13, 363

11, 553
6, 542
51, 421
13, 977

10, 024
6,139
51,413
13, 679

10, 848
7, 265
52, 394
14, 829

10, 517
7,187
49, 800
13, 080

9,951
8,618
56, 587
15, 428

10, 508
8,961
51, 793
15,711

11, 749
8,525
56, 170
15, 118

3.07

2 428,356

PAINTS, VARNISH, AND LACQUER
Factory shipments total
Industrial sales
Trade sales

Phenolic and other tar acid resins
Polystyrene
Urea and melamine resins
Vinyl resins
Alkyd resins
Rosin modifications
Polyester resins
Polyethylene resins
Miscellaneous

--

-

do
do _do - do
do
do
do
do
_- do

T

r

ELECTRIC POWER AND GAS
ELECTRIC POWER
Production (utility and industrial), total}:
mil. of kw.-hr__
Electric utilities, total
do
By fuels _
do
By waterpower.
_ do _

56, 490
49, 451
39, 402
10, 049

55, 229
49, 451
39, 539
9,913

58, 576
58,
52 194
52,
42 656
42,
9
9,539

55, 649
48, 819
39, 859
8,960

58, 445
51, 129
41,892
9,238

57, 820
50, 645
41, 340
9,305

60, 055
52, 875
42, 878
9,998

62, 938
55, 503
45,311
10, 192

55, 374
48, 666
38, 687
9,979

59, 765
52, 447
41, 008
11, 439

57, 702
50, 669
38. 622
12, 047

58, 909
51,699
39, 900
11, 800

58, 990
52, 053
40, 873
11, 180

Privately and municipally owned utilities.- .do
Other producers (publicly owned)
do

40, 270
9,181

39, 701
9,750

42, 302
42,
9
9,892

39, 503
9,316

41, 800
9,330

41, 230
9,416

43, 098
9,777

45, 083
10, 420

39, 779
8,887

42, 349
10, 098

40, 641
10, 028

41, 190
10, 509

41, 590
10, 463

7, 039
6,754
286

5,778
5,520
258

6,382
6,
6
6,158
224

6,830
6,604
226

7,316
7,074
242

7,175
6,920
254

7,180
6,903
276

7,435
7,154
281

6,708
6,443
266

7,318
7,005
313

7,033
6,724
310

7,210
6,917
293

6,937
6,678
259

43, 075

43,010

44, 503
44,

44, 786

44, 654

44, 526

46, 092

47, 693

46, 217

46, 167

45, 671

7,316
22, 941

7,800
21, 858

8,
8,005
22,
flflj853

7,951
23, 147

7,457
23, 957

7,276
23, 629

7,428
23, 604

7,640
23, 795

7,583
22, 640

7,440
23,509

7,324
23, 679

342
10, 198
975
322
929
52

328
10, 495
1,201
335
936
57

340
10, 679
10,
1,
1,278
359
932
57

330
10, 785
1,200
392
926
55

353
10, 530
936
427
942
52

362
11, 047
769
454
942
47

389
12, 424
764
483
946
54

412
13, 561
784
487
973
39

373
13, 389
758
440
989
45

379
12, 618
773
429
965
54

361
11, 970
922
393
969
53

Industrial establishments, total
By fuels
By waterpower

do
do
do

Sales to ultimate customers, total (Edison Electric Institute) t
mil. of kw.-hr..
Commercial and industrial:
Small light and power
do
Large light and power
_ do
Railways and railroads
Residential or domestic
Rural (distinct rural rates)
Street and highway lighting
Other public authorities
Interdepartmental.

__

do __
do
do _
do
do
do _

Revenue from sales to ultimate customers (Edison
735, 869 741, 999 730, 077 730, 285 756, 811 784, 979 775, 742 762,232 751, 690
Electric Institute)!
-thous. of dol- . 709, 168 718, 348 735,
r
2
Revised.
» Preliminary.
* December 1 estimate of 1956 crop.
August 1 estimate of 1957 crop.
^Revisions will be shown later for fats and oils (1954 and 1955);; electric-power production (January-July 1955), and electric-power sales and revenue (January-April 1955 and JanuaryApril 1956).
cTBeginning January 1955, data exclude quantities held by consuming factories.




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

SUEVEY OF CURRENT BUSINESS

S-27

1956
June

July

1957

DecemOctober NovemAugust September
ber
ber

January

February

March

April

May

June

July

ELECTRIC POWER AND GAS—Continued
GAS
Manufactured and mixed gas (quarterly ):d*
Customers, end of quarter, total
thousands. _
Residential (incl. house-heating)
do. _ _
Industrial and commercial
do
Sales to consumers, total
..mil. of therms. .
Residential (incl. house-heating)
do
Industrial and commercial
.
_.
do_
Revenue from sales to consumers, total.thous. of dol_.
Residentia] (incl. house-heating)
do
Industrial and commercial
_.do
Natural gas (quarterly) :cf
Customers, end of Quarter, total
thousands. _
Residential (incl. house-heating)
do —
Industrial and commercial
. do
Sales to consumers, total _ ... ... mil. of thermsResidential (incl house-heating)
.
do
Industrial and commercial
do_-_
Revenue from sales to consumers, total thous. of dol__
Residential (incl. house-heating)
do
Industrial and commercial
do

4,909
4,583
324
949
622
320
120, 754
89, 633
30, 605

3,797
3,541
254
374
202
165
57, 075
40, 127
16, 552

3,583
3,343
237
631
435
190
87, 184
66, 330
20, 356

3,314
3,093
219
885
688
190
115, 093
91, 938
22, 550

24, 246
22, 355
1,864
16, 203
4,945
10, 762
784, 917
432, 203
338, 900

25, 394
23, 463
1,905
13, 276
2,036
10, 638
562, 197
234, 715
312, 040

26 272
24, 194
2,050
17, 294
5 500
11, 210
878 480
488, 448
373, 306

26 745
24, 624
2 092
23, 052
10 308
11, 826
1,290 577
827, 558
437, 858

FOODSTUFFS AND TOBACCO
ALCOHOLIC BEVERAGES
Beer:
Production}
_
thous. of bbl
9,394
8 734
9,590
9 007
9 Oil
8 081
7 611
5 912
6 866
6 497
6 123
6 500
5 947
8,673
Taxable withdrawals
do
8 777
6 992
8 201
8 247
9 015
6 439
5 689
6 129
6 171
6 424
5 570
6 670
Stocks, end of month}
do
11, 264
11, 515
11 211
10, 677
11 478
10 931
9 552
9 558 10 261
9 753
8 768
9 135
10 354
Distilled spirits:
15, 862
8,531
Production}
thous. of tax gal
14 063
17 852
19, 307
19 982
34 134
12, 178
19 033
18 902
23 065
20 386
18 105
Consumption, apparent, for beverage purposes
14, 893
16, 403
thous. of wine gal
16, 784
16 424
25, 159
15, 264
16, 897
22 321
16 572
17, 868
15 936
14 375
23, 822
13,020
10, 565
Tax-paid withdrawals}
thous. of tax gal
11 269
12 234
12 887
11 989
21 817
11 190
9 661 10 805 12 420
19 331
14 269
854, 755 851, 634 849, 082 844 208 835 948 830 129 832, 439 838 623 842 059 845 407 850 996 853, 437 853 012
Stocks, end of month J
_ do
2 414
2,086
3 sgo
1,748
1 927
Imports
thous. of proof gal
2 277
1 973
1 482
2 889
1 606
1 965
3 632
Whisky:
10, 082
5,799
7,191
Production}
-thous. of tax gal
12 500
12 151
8 067
11 429
10 122
7 847
10 776
11 243
10 971
10 734
6,277
4,554
Tax-paid withdrawals}
__
do
6,626
6,404
5,432
6,211
5 125
6,334
7,469
5,470
6 139
10 325
11, 120
737, 709 737, 445 736, 573 734 041 729 660 725 572 726 562 730 569 732 777 735 536 740 710 742 045 742 872
Stocks, end of month} __
do
1,915
1,619
1,721
Imports
-_
- _
- thous. of proof gal
1,782
1,733
1 265
2,627
2,166
2,056
1,438
3,258
3 288
Rectified spirits and wines, production, total 9 }
5,331
6,701
6,052
6,914
6,768
thous. of proof gal
5,238
5,137
5,614
4,607
4,677
12, 549
13, 497
7,871
5,515
4,442
Whisky}
do
4,016
3 622
5,675
6,792
4,885
4,170
5 615
12 019
4,382
11 275
3 675
Wines and distilling materials:
Effervescent wines:
125
237
Production}
thous. of wine gal
226
282
162
205
237
168
220
206
251
205
188
155
93
Taxable withdrawals}
do
134
261
160
'183
137
173
129
200
276
101
272
r
1,720
1,738
1,418
Stocks, end of month}
do
1 840
1,801
l,713
1,665
1 751
1 755
1 648 1 547
1 611
1 477
46
35
114
62
44
44
Imports
-_ do
67
50
36
41
101
115
Still wines:
1,375
1,237
2,531 30 528 71 849
3 912
Production}
do
2 139
1 907
1 984
2 923
2 630
2 218
24 070
10, 326
9,283
11,893
Taxable withdrawals § } - _
__
do
10 421
11, 953
10, 290
12, 485
14 615
12, 688
11, 295
10 872
10, 220
13 879
143, 082 134, 294 125, 296 144 102 202 848 210 541 198 721 190 095 180 012 170 636 159 627 149 615 138 034
Stocks endofmonthf}
do
483
456
412
765
580
598
653
649
Imports
do
465
585
680
874
555
1,163
6,075
1, 332
3,954
8,067 76, 378 142, 607
Distilling materials produced at wineries} __ do__
1,871
1,540
912
3,949
41, 839
DAIRY PRODUCTS
Butter, creamery:
148, 155 128, 155 110, 200
Production (factory) } __
thous. of Ib
93, 125 92 960 90 605 102, 810 116 405 109 255 124 855 132, 870 158 305 149 040
110,318 133, 918 118, 217
Stocks, cold storage, end of month
do
61, 996
25, 103 28 855
90, 252 62, 261 39, 640
40, 915
95, 998 ' 147, 013 176, 735
31 946
.594
.594
.613
Price, wholesale, 92-score (New York)___dol. per lb__
.601
.604
.601
.604
.601
.604
.614
.632
'.606
.620
.602
Cheese:
158, 420 134, 090 116, 970 102, 445 98 010
Production (factory), total }
__thous. of Ib
96, 240 100 920
97, 105 116, 150 131, 460 161 775 160, 485
90, 700
122, 440 102, 410
American, whole milk }
do
87, 220
74 135 68 100
64 280
96, 250 126 270 125 670
67 695
82 750
61 400
68 840
521, 505 548, 334 550, 518 532, 107 489, 385 454, 729 441, 082 419, 992 390, 308 388, 631 391,289 424, 917 ' 466,136 488, 655
Stocks, cold storage, end of month, total
do
483, 883 509, 474 509, 625 492 648 448 857 414 606 401 079 379 637 349 441 346 277 345 421 381 146 r 419 583 442 579
American, whole milk
do
3,762
3,168
3,862
Imports
do
5, 598
5,589
5,038
4 989
4,325
5 332
3 188
3 953
5,609
Price, wholesale, American, single daisies (Chi.384
.381
.384
.382
.388
.390
cago)
dol. per Ib
.388
.390
.390
.390
.390
.390
.390
.390
Condensed and evaporated milk:
Production, case goods: }
6,140
6,290
6,640
Condensed (sweetened)
thous. of Ib
7,110
5 520
8 275
3 350
6, 550
5 670
6 370
6 380
3 975
7 350
304, 100 266, 700 232, 600 189, 100 164, 200 146, 500 152, 200 162, 000 169, 850 212, 600 260, 500 312 200 278, 400
Evaporated (unsweetened).
do
Stocks, manufacturers', case goods, end of month:
7, 550
7,937
8,192
Condensed (sweetened)
thous of Ib
9,649
8,761
9,172
9 117
10 391
9 559
9 416
8 925
9 335
9 547
311,983 401, 894 434, 536 425, 545 383, 686 310, 371 224, 025 156, 420 123, 616
Evaporated (unsweetened)
__do
83, 361 153, 950 244, 478 368, 927
Exports:
4,201
3,540
Condensed (sweetened)
do
2,191
6,402
5,054
5 129
4,802
1 444
3 385
5,053
2 888
7 270
2 536
12, 838
14, 251
12, 772
Evaporated (unsweetened)
do
14 972
14, 622
16 306
13 034
15 847
14 172 20 211
7,861
9 200 15 064
Price, wholesale, U. S. average:
5.92
5.89
Evaporated (unsweetened)
dol. per case
5.93
5 93
5.93
5.93
6 05
5 93
5 93
5 93
6 05
5 95
6 06
Fluid milk:
11, 526
12,490
9 227
9 512
Production }
_
mil. of Ib
10, 659
9 697
8 695
9 464
11, 428
9 276
10 961
13 122 ' 12 633 11 692
5, 342
4,610
3,392
Utilization in mfd. dairy products
do
3,990
5,593
3,450
4,647
5 312
3, 791
3,285
3,120
3,618
4 213
r
4.11
Price, wholesale, U. S. average*
dol. per 100 lb._ 3. 81
'3.97
4.34
4.44
4.61
4.53
3.97
4.30
3.99
4.19
3.85
'3.83
4.48
Dry milk:
Production: }
10, 850
Dry whole milk
__thous. of Ib
10, 600
9,150
8,000
8,250
9,800
7,350
6,500
7,700
6,400
6 450
8,200
10, 600
Nonfat dry milk solids (human food)
do
176, 300 131, 400 98, 000
79, 500 79 800 83, 300 104, 800 120 900 122 400 144 090 162, 500 205 500 193 700
Stocks, manufacturers', end of month:
12, 062
15, 192
14, 313
13, 118
Dry whole milk
do
10, 757
10 384
11 725
11, 390
10 450
9 919
13 374
9 430
11 926
148, 200 140, 735 118, 507 98, 722
Nonfat dry milk solids (human food)
do
69, 461 65, 623
63, 308
76, 563 67, 095
69 029
80, 493 119, 757 144 368
Exports:
3.880
2,854
Dry whole milk
do
3,774
3,820
2 692
2 776
3 183
4 418
4 858
2 010
3 071
3 940
3 607
Nonfat dry milk solids (human food)
do
29, 336
37, 082
42 371
19, 274
16, 898
42, 700
25 686
9 136
7 645
12 552
24 418
18 290
14 054
Price, wholesale, nonfat dry milk solids (human
.152
.151
.151
.152
.152
food). U. S. average
dol. per lb__
.152
.152
.153
.152
.153
.154
.153
.153
r
Revised.
cf Revisions (1953,1st and 2d quarters of 1954 and 1955, and 1st quarter of 1956) are available upon request. Totals include data not shown separately.
}Revisions for the indicated items and for the periods specified are available upon request as follows: Alcoholic beverages, July-November 1954 and July-December 1955; dairy products—butter,
cheese (total and American), evaporated milk, and nonfat dry milk solids, January 1953-September 1955; condensed milk and dry whole milk, January 1954-September 1955; fluid milk, production, January 1951-December 1955.
9 Data beginning July 1956 exclude production of wines and vermouth; for July 1955-June 1956, such production totaled 183,000 gallons.
§Data include vermouth and aperitif wines other than vermouth.
*New series, representing average price received by farmers for all milk sold at wholesale to plants and dealers; data prior to January 1955 will be shown later.




SURVEY OF CURRENT BUSINESS

S-28

August 1957

1956

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

June

July

1957

DecemOctober NovemAugust September
ber
ber

January

February

March

April

June

May

July

FOODSTUFFS AND TOBACCO—Continued
FRUITS AND VEGETABLES
Apples:
Production (crop estimate)
thous. ofbu Shipments, carlot
._ _ no. of carloads Stocks, cold storage, end of month
thous. of bu._

2 115, 640

389

134

267

6,317

2,394
38, 090

2,085
33,933

••1100,623
1,811
26, 578

1,595
19, 814

1,592
12, 765

2,061
7,128

1,804
3,246

' 1, 005
r 1, 045

9,564
Citrus fruits, carlot shipments
no. of carloads Fro/en fruits, juices, and vegetables:
Stocks, cold storage, end of month:
Fruits
thous. of lb_- 368, 954
550, 716
Fruit juices and purees
_
do
481, 368
Vegetables
do
Potatoes, white:
Production (crop estimate) J
thous ofcwt
18,600
Shipments carlot
no of carloads
Price, wholesale, U. S. No. 1 (New York)
6.600
dol per 100 Ib

6,075

5,725

4,554

4,265

6,349

9,718

7,492

6,579

7,819

7,783

' 9, 564

447, 013
506, 264
588, 076

476, 719
457, 801
751, 065

489, 423
409, 656
868 687

483, 068
354, 871
914, 895

467,046
303,742
905,439

450, 562
294, 282
857 942

422, 805
388, 388
787 218

379, 474
464, 337
721, 613

341, 520
492, 287
665, 354

292, 185
505, 397
655, 695

11, 174

10, 310

10 573

12 757

13, 759

*243 716
12 333

15 524

15 687

19, 819

17, 712

5.925

4.635

3 515

3.394

3.500

3 075

3.533

3.620

3.480

3.540

3 930

P 3, 660

72, 186

60, 162

61, 455

52, 853

64, 897

57, 528

73, 437

67, 010

66, 226

72, 528

69, 143

58, 456

72, 209

do
-do

20, 327

20, 435

35, 041

14, 212

9,956

11, 821

372 495
12, 562

10, 303

8, 344

11, 035

8,160

do
do
do

37, 588
3 39,439
10, 847

45, 145

52, 566

43, 798

36, 062

22, 224

3,386

3,674

3,576

6,052

31, 253
3 41, 546
3,569

39, 223

3,981

30, 111
104, 052
5,530

25, 343

6,238

40, 122
159 561
3,011

37, 661

6,751

51, 447
229 774
7,286

47, 127

9,039

1.244
1.123

1.276
1.193

1.279
1.211

1.253
1.179

1.257
1.172

1.320
1.276

1.298
1.258

1.278
1.237

1.261
1.206

1.268
1.219

1.263
1.205

1.238
1.188

1.131
1.036

1.139
1.059

11, 099
16, 899

11, 391
17, 556

12, 694
17. 663

11, 473
16, 527

13, 050
46, 379

11,819
47, 353

3, 451
10, 690
23, 272

11,731
32, 736

10, 874
49, 429

11,313
60, 072

11, 133
47, 066

12, 023
32, 770

11, 473
17, 203

79, 665
988 8
9,316

68, 466

64, 332

79, 865

100,863

102, 650

157, 821

17, 243

12, 789

12, 514

12, 313

14, 124

153, 642
1 118 4
10, 198

143, 682

11, 302

126, 744
1,615 1
16, 024

151, 613

5, 944

93, 849
2 331 1
15 583

89, 558

6,608

64, 134
3 300 1
6,313

1.531
1.524

1.525
1.548

1. 571
1. 542

1.556
1.484

1.296
1.320

1.339
1.331

1.357
1.300

1.343
1.322

1.275
1.244

1.290
1.260

1.298
1.240

1.333
1.267

1.316
1.292

1.337
1.336

21, 062

22, 108

8,508

4,737

4,052

1, 153
5,304

7,261

3,759

4,950

5,968

4,272

3,652

2 1, 361
10,607

34, 655

41 287

25, 223

19, 495

17, 794

11,688

3,836
.733

2,076
.824

1,614
.820

15, 116
410, 427

13, 240

3,783
.733

39, 008
923,394
4,191
.715

31, 285

2,823
.736

1,423
.784

12, 066
H91 840
1,237
.695

643

291

591

67

125

'257
r 384

229

8, 484

6,790

272, 005 'J375, 067
562, 221 •• 567, 775
626, 384 '657,296

498, 332
500, 069
722, 895

r

r

r

18, 443

r

19, 971

2 234, 974
10, 793

GRAIN AND GRAIN PRODUCTS
Exports (barley corn oats rye, wheat) thous ofbu
Barley:
Production (crop estimate)
Receipts, principal markets_
Stocks, domestic, end of month:
Commercial
On farms
Exports, including malt
Prices, wholesale (Minneapolis):
No. 2, malting
No. 3, straight

1

dol. per bu._
do

Corn:
Production (crop estimate) ._
mil. ofbu _
Grindings, wet process
thous. ofbu
Receipts, principal markets§ . _ _ _ _ _ _ _ _ _ _ d o _ _ .
Stocks, domestic, end of month:
Commercial. _ __ _ _ _ _.
_-do _ _
On farms
mil of bu
Exports, including meal
thous of bu
Prices, wholesale:
No. 3, yellow (Chicago)
dol. per bu__
Weighted average, 5 markets, all grades
do

Rice:
Production (crop estimate)
thous of bags 9
California:
Receipts, domestic, rough
thous of Ib
Shipments from miHs, milled
rice
do
Stocks, rough and cleaned (cleaned basis), end
of month
thous. oflb
Southern States (Ark., La.. Tenn., Tex.):
Receipts, rough, at mills
do
Shipments from mills, milled rice
do
Stocks, domestic, rough and cleaned (cleaned
basis) , end of month
mil o f l b
Exports
thous. of Ib
Price, wholesale, head, clean (N. O.) _ dol. perlb _

do
. ___ . do._

1

21, 363
696 376
2,570
.829
1

Rye:
Production (crop estimate)
thous. of bu
Receipts, principal markets§
do .
Stocks, commercial, domestic, end of month, do
Price, wholesale, No. 2 (Minneapolis)-.. dol. per bu._

Exports, total, including flour _ _
Wheat only
___ __

' 8, 053 r 16, 065

2 432, 396
15, 097

1

Oats:
Production (crop estimate)
mil. of bu 10, 757
Receipts, principal markets§
thous of bu
Stocks, domestic, end of month:
27, 596
Commercial
do
3 272,127
On farms
do
2,072
Exports, including oatmeal
do
.724
Price, wholesale, No. 3, white (Chicago) _dol. per bu_.

Wheat:
Production (crop estimate), total
mil. of bu
Spring wheat
do
Winter wheat
do
Receipts, principal markets§
thous of bu
Disappearance
do
Stocks, end of month:
Canada (Canadian wheat)
do
United States, domestic, totaled
mil of bu
Commercial
thous. of bu
Interior mills, elevators, and warehouses
thous of bu
Merchant mills
do
On farms
do

r

90, 993
56, 065

35, 037
38, 186

68, 841
31, 314

65, 541

72,683

75, 444

64, 750

11, 394
105, 550

18. 196
84. 522

232, 494
117, 844

919, 691
164, 1S1

548.5
101. 470
.084

450. 3
171, 336
.085

387.7
278, 597
.083

804.9
153, 605
.083

5,428
9,503
1.151

4,038
10, 058
1.329

2,780
11, 175
1.374

1,074
10, 517
1.435

139, 275
101, 184

172,326
79, 243

54,981
291,874

I06, il8

64, 697

336, 269
31,033.4
3332,323

359, 862

351, 092

452,385

467,954

3

443, 676
3 64, 741
3 67, 246
49, 546
44, 378

r

43,293
39, 116

94, 041

85, 123

97, 309

91, 446

75, 950

50, 793

851, 623
178, 225

159, 556
126, 296

38, 683
115, 078

78, 407
144, 810

122,165
135. 725

62, 275
110, 818

1, 221. 1
247, 066
.085

1, 192. 3
123, 318
.085

1, 026. 2
404, 990
.085

907.0
110,930
.085

836. 3
179, 710
.088

651.7
330, 060
.090

1,118
9,143
1.465

8,109
1.471

498
6,394
1.499

306
5,458
1.400

240
4,844
1.412

680

31, 241

28, 212

341. 218
1,797.3
467,254

348, 506

352, 461

446,621

429,322

21, 558
1,063
8,294
1.459

i1 997. 2
262. 2
1
735. 0
34, 865
312, 189

356, 920
1,487.3
393, 211

33,696
29,820

51, 076
43, 666

153, 906
129, 567

126, 523
98, 210

1,134
.738

1, 206
.727

123,311
81,696

98, 507
76, 095

87, 304
52, 665

' 51. 580 39, 423

44, 158

17, 955
101,820

20, 879
93, 489

14, 122
86, 565

509.2
246, 261
.089

394.3
104, 434
.091

443.8
71, 665
P .091

302
2,966
1.363

2,851
1.240

483

3,531
2,023
1.292

r

17, 375

14, 724

.662
2

40, 488

2

26, 440
2,730
6,591
1.246
2
2
2

29, 679

24, 144

356, 831 360, 964
403, 458

r

386, 872
r

547 345
127, 877
292, 804
42, 029
36, 212

r

47, 402
55, 410
39, 331

39, 257
234, 110

33,900
28, 750

.778

75, 193
35, 564

636,280
142,165
417,276
40. 876
37, 138

869

99, 461
73, 695

1

r

2 3, 066

48, 485
43, 135

48, 350
42, 207

21, 462
301, 911

24 030

368, 482
1,187 8
360, 702

365, 104
356, 532

25 472

362
364, 343 384,
3
905 2
341, 690 3313 481

392, 930
397 751

3375 952
3
65 257
3
59 540

449 832
108 918
165, 959
49, 465
42, 599

25 221
284 864

915. 0
224 4
690 6
107 434

50, 674
46, 050

36, 821
32, 798

56, 846
51, 405

Prices, wholesale:
No. 1, dark northern spring (Minneapolis)
2.381
2.457
2.488
2.400
2.495
2.393
dol. per bu_.
2.438
2.428
2.435
2.426
2.394
2.393
2.371
2.416
2.282
2.190
2.100
2.087
2.338
2 343
No. 2, hard winter (Kansas City)
do
2.358
2 335
2.358
2.310
2 231
2 135
2 302
2 268
1.992
2.221
2.125
2.345
2.020
2.405
2.358
2.185
No. 2, red winter (St. Louis)
do
2.440
2 109
2.110
2.213
2.298
2 057
2.231
2.494
2.411
2.345
2.389
2.295
2.417
Weighted avg.. 6 markets, all grades
do
2.439
2.221
2.446
2.344
2.365
2.406
2.401
r
2
Revised.
» Preliminary.
> December 1 estimate of 1956 crop.
August 1 estimate of 1957 crop.
3
Old crop only; new grain not reported until beginning of new crop year (July for barley, oats, and wheat; October for corn).
§ Toledo included beginning with June 1955.
9 Bags of 100 Ib.
cf The total includes wheat owned by the Commodity Credit Corporation and stored off farms in its own steel and wooden bins; such data are not included in the breakdown of stocks.
1 Prior to the August 1956 SURVEY, data were reported in thousands of 60-lb. bushels.




SURVEY OF CURRENT BUSINESS

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

S-29

1956
June

July

1957

DecemOctober NovemAugust September
ber
ber

January

February

March

April

May

June

July

FOODSTUFFS AND TOBACCO—Continued
GRAIN AND GRAIN PRODUCTS— Continued
Wheat flour:
Production:
17, 652
Flourt
-thous. of sacks (100 Ib.)
78.4
Operations, percent of capacity
_ _ _ _ __
341, 813
Offal .
_
short tons
Grindings of wheat J. thous. of bu
Stocks held by mills, end of quarter
thous. of sacks (100 lb.)_
Exports
do
Prices, wholesale:
Spring, short patents (Minneapolis)
dol per sack (100 Ib.)
Winter, hard, short patents (Kansas City). .do
LIVESTOCK
Cattle and calves:
Slaughter (federally inspected):
Calves
thous. of animals
Cattle.
do
Receipts, principal markets
do
Shipments feeder to 9 corn-belt States
do
Prices, wholesale:
Beef steers (Chicago)
dol. per 100 Ib
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. perlOOlb..
Hog-corn price ratio
bu. of corn equal in value to 100 Ib. of live hog_.
Sheep and lambs:
Slaughter (federally inspected). -thous. of animals. _
Receipts principal markets
do
Shipments feeder to 9 corn-belt States
do
Prices, wholesale:
Lambs, average (Chicago)
dol. per 100 lb._
Lambs feeder, good and choice (Omaha) _. do
MEATS
Total meats:
Production (carcass weight, leaf lard out), inspected
slaughter
mil of Ib
Stocks (excluding lard), cold storage, end of month
mil.
of lb__
Exports (inciudin01 lard)
do
Imports (excluding lard)
do
Beef and veal:
Production, inspected slaughter
do
Stocks, cold storage, end of month
thous. of lb__
Exports
do
Imports
do
Price, wholesale, beef, fresh, steer carcasses, choice
(600-700 Ibs.) (New York)
dol. perlb__
Lamb and mutton:
Production inspected slaughter
thous of Ib
Stocks cold storage, end of month
do
Pork (including lard), production, inspected slaughter
mil. of Ib
Pork (excluding lard) :
Production inspected slaughter
thous of Ib
Stocks, cold storage, end of month
do
Exports
_.
do ._
Imports
do
Prices, wholesale:
Hams smoked composite
dol. per Ib
Fresh loins, 8-12 Ib. average (New York) _ _do . _ .
Lard:
Production inspected slaughter
thous of Ib
Stocks, dry and cold storage, end of month
do
Exports
do
Price wholesale refined (Chicago)
dol per Ib

40, 573

17, 966
78.6
347, 871

20, 420
82.8
393, 879

19. 889
97.3
377,812

21,899
88.9
416, 796

20 055
89.1
377 713

19, 278
89 6
365 415

22 162
93.6
419 916

19, 156
89.1
358, 583

19, 679
86.2
367, 929

18, 940
79.1
360, 570

19 383
81.1
365 727

18, 144
83.6
347, 039

41, 266

46, 876

45, 539

50, 182

45 844

44, 126

50, 711

43, 661

44, 693

43, 323

44, 256

41, 591

2,497

1 663

5, 572
3,180

2 296

2,637

5,190
2,947

1, 985

1,727

4,746
2,335

4,716
2,218

1,604

1,793

5,297
2,210

6.195
5.735

6.310
5.425

6,040
5.625

6 050
5.655

5 950
5.710

6.180
5.785

6 030
5. 725

6 020
5.770

6 020
5.625

5 950
5.700

5.975
5.790

5 900
5 600

v 6 000
p5. 700

596
1,679
2,146
201

610
1,728
2,543
226

691
1,774
2,697
580

661
1,617
2,721
734

872
1,959
3,559
1 081

763
1,807
2,689
794

605
1,686
2,121
363

657
1,851
2,203
252

550
1.488
1,770
178

632
1,514
1,836
237

613
1,499
1,947
212

580
1, 665
1,961
205

535
1,535
1,860
160

596
1,759

20.79
17.02
22.50

22.28
17.36
22. 50

25.61
17.88
23.50

27.31
17.22
21.00

26 00
17.31
22 50

23 97
17.29
22.50

21 65
16.67
21 50

20.94
17.68
25.00

20.28
18.24
27.50

21.36
19.35
26.00

22.61
20.86
27.00

22.85
21.13
25 00

23.07
20.20
p25 00

24.76
20.74

4,326
2,480

4,199
2,485

4, 559
2,521

4,979
2,676

6,347
3 512

6,559
3,483

5, 698
3 037

5,655
3,030

4,985
2,622

5, 380
2,710

5,000
2, 657

4,884
2,573

3,994
2,245

4,185

19.39

15.40

15.23

16.12

16.01

15.55

14.59

16.32

17.52

16.98

17.05

17.39

18. 15

'11.1

MO. 7

11.2

10.8

13.0

11.7

13.3

14.1

13.7

14.0

14.4

14.0

15.1

15.7

1,084
1,047
113

1,168
1 184
151

1,268
1,405
361

1,167
1 770
679

1,439
1 948
802

1,139
1 085
266

1,062
1 023
145

1,333
1 204
201

1,091
943
142

1,011
858
127

1,061
996
113

1,133
1 013
161

1,044
914
108

1,200

23.75
19.55

22.75
18.12

22.00
18.41

20. 50
19.00

20.00
18.71

19.25
18.12

19.38
17.85

20. 12
18.55

20.00
19.78

23.00
20.97

22.75
21.75

24.00
21.07

23. 00
21.06

23.75
20.60

1,865

1,853

1,883

1,832

2 282

2,256

2 064

2,199

1,843

1,932

1,866

1,963

1,721

694
70
23

593
66
24

461
63
29

412
67
17

449
81
20

591
74
22

679
95
24

1619
93
27

1636
69
22

1631
93
27

1596
66
33

i 554
90
30

' i 485
85

1, 001. 8 1, 020. 8 1, 026. 0
931.1
149, 260 140, 703 131, 379 128, 430
6,089
3. 023
6,500
7,172
15, 192
8,618
9,920
7,816

1, 128 4
163, 026
11, 929
9 486

1,041.7
220, 008
2,692
10 853

987.0
263, 929
14, 264
11, 145

1,111.7
246, 789
27, 827
11, 588

902.5
220, 123
11.679
9,939

918.1
194, 214
9,521
11,003

17.52

906.1
904.7
999.1
168, 699 '141,556 ' 123, 321
8,451
3,404
4,623
16,612
16, 718

1393

115, 017

.367

.388

.443

.486

.452

.417

.390

.371

.365

.376

.395

.406

.410

.430

46, 211
8,620

50, 571
7,975

55, 246
9,002

50, 991
9,703

63 531
11 203

52 150
11 016

50 262
11, 590

64, 751
9,715

53, 909
8,987

49, 504
8,100

50, 604
7,330

52 639
6,837

46 700
' 6, 870

6,403

817.5

781.6

801.5

849.6

1,090 1

1, 162. 5

1, 026. 6

1,022.6

886.9

964.4

909.2

911.3

770.0

599, 853
393, 538
5,690
13, 099

577, 249
306, 727
4,602
12, 626

596, 294
203, 596
4,499
11,363

638, 107
165,514
5,078
6,935

817 159
167, 955
5,897
8,236

862, 470
248, 637
6,275
8,247

754, 561
279, 768
8,726
10, 714

754, 416
293, 332
9,420
13, 061

650, 175
334, 606
8, 753
9,428

703, 006
352, 914
6,592
13,745

661, 271
343, 081
4,940
13, 297

.534
.461

.526
.502

. 515
.474

.486
.511

466
.444

.471
.409

511
.421

.516
.450

519
.446

506
.438

.521
.452

159, 086
203, 206
44, 762
.138

149, 603
178, 461
42, 213
.138

150, 261
141, 056
40, 893
.155

154, 242
123, 398
38, 075
.155

199, 618
106, 352
46, 813
158

218 913
103, 484
47, 272
.158

198, 576
111, 637
47, 898
175

196, 353
101, 098
37, 811
.175

172, 767
112, 042
36, 380
.173

190, 755
119, 122
61, 940
.168

182, 122
127, 116
43, 783
.138

186 287
120, 168
65, 696
153

57, 090
126, 769

67, 334
164, 422

69, 299
235, 159

90, 080
301, 756

90, 347
368, 378

75, 226
332,817

53, 211
330, 135

45,378
292, 033

51, 969
259, 975

52, 606
219, 988

58, 155
50, 582
202, 191 ' 190, 441 184, 450

057, 319 559 379
323, 905 ' 278, 624 202, 808
6,414
12, 359
10, 686
' 516
.477

v 532
.505

.512

154 196
107, 113
48, 625
P 158

POULTRY AND EGGS
Poultry:
55, 987
Receipts, 5 markets
thous. of Ib
119, 649
Stocks, cold storage (frozen), end of month
do
Price, wholesale, live fowls, heavy type, No. 1
.225
(Chicago)
dol. per Ib
Eggs:
4,967
Production, farmt
__. ... -millions-2,464
Dried egg production
thous. of Ib
Stocks, cold storage, end of month:
1,453
Shell
thous. of cases -Frozen
__
... . thous. of lb.. 172, 366
Price, wholesale, extras, large (Chicago)
.371
dol. per doz_.

.190

.185

.165

.150

.148

.145

.148

.150

.155

.153

'.150

P. 150

4,760
1,678

4,568
1,607

4,461
1, 315

4,860
1,205

4,885
1,010

5,280
1,592

5,369
2,249

5,022
2,246

5,902
3,093

5,731
4,032

5,662
4,001

5,038
3,835

1,259
177, 427

1,020
167, 943

727
152, 015

616
131, 547

525
108, 684

320
328
86, 807 ' 74, 848

519
65, 643

932
78, 436

1,208
107, 568

.414

.382

.459

.437

.400

'.322

'.304

'.318

.344

.308

1,719 ' 1, 812 1,506
140, 456 r 166, 942 176, 466

.290

.299

MISCELLANEOUS FOOD PRODUCTS
r
84, 372 ' 68 374 62 777
59, 913 54, 961 73, 362 109, 212 120 685 118, 264
90, 912
96, 970 91, 338
96, 672
Confectionery manufacturers' salescf
thous of dol
Cocoa or cacao beans:
27, 722
37,630
11, 845
14, 950
22, 318
16, 997
12, 429
15,681
11, 549 20, 810
20, 575
Imports (incl shells)
long tons
15 053
.255
.223
.234
.231
.283
.270
.266
.278
.290
.261
.255
P. 305
Price, wholesale, Accra (New York)
dol. perlb..
.253
T
Revised.
v Preliminary.
i Beginning January 1957, figures exclude data for sausage and sausage-room products and edible offal; comparable figure for December 1956 is 606,000,000 Ibs.
^Revisions for wheat flour production and wheat grindings (January 1954-July 1955) and for egg production (1950-55) will be shown later.
^"Revisions for 1954 and 1955 appear in the November 1956 SURVEY.




4,786

.361

SUEVEY OF CURRENT BUSINESS

S-30
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

August 195T

1956
June

July

1957

DecemOctober NovemAugust September
ber
ber

January

February

March

1,288
883
1,181
2,404

1,048
679
853
1,832

April

June

May

July

FOODSTUFFS AND TOBACCO—Continued
MISCELLANEOUS FOOD PRODUCTS— Con.
Coffee:
1,464
Clearances from Brazil total
thous of bagsd71
940
To United States
do
872
Visible supply United States
do
1,803
Imports
do
Price, wholesale, Santos, No. 4 (New York)
.580
dol. per lb-_
Fish:
144,
144
Stocks, cold storage, end of month
thous. of lb._
Sugar:
Cuban stocks, raw, end of month
r
3, 498
thous of Spanish tons
United States:
Deliveries and supply (raw basis):
Production and receipts:
50, 750
Production
short tons
601,064
Entries from off-shore total 9
do
219, 224
Hawaii and Puerto Rico
do

.588
163, 506
3,181

Deliveries total
do
For domestic consumption
do
For export
do
Stocks, raw and refined, end of month
thous of short tons
Exports
short tons
Imports:
Raw sugar total?
do
From Cuba
do
From Philippine Islands
do
Refined sugar total 9
do
From Cuba
do
Prices (New York):
Raw wholesale
dol per Ib
Refined:
Rotail§
dol. per 5 Ib
Wholesale
dol per Ib
Tea imports
thous. of Ib

1,449
885
1,030
1,466

1,326
700
1,111
1,377

.603

.615

.603

.600

.603

.610

.609

.599

.593

178, 785

195, 648

200, 838

200,403

196, 091

168, 596

145,404

122, 414

117, 976

2,432

1,523

1 148

973

873

563

1,640

2,890

20, 060
666, 510
187, 036

14, 675
741, 221
246, 680

113, 448
593, 213
184 476

591 151
456, 306
282 385

794, 615
282, 508
189 762

546, 245
202, 748
86, 742

115 426
519, 988
50 532

53, 164
453, 611
93, 376

803, 308
781, 558
21, 750

869, 090
865, 364
3,726

917, 109
910, 810
6,299

815, 887
811, 798
4,089

835. 408
830, 168
5,240

669, 695
666, 768
2,927

665, 436
661, 137
4,299

590 353
585, 089
5 264

1,427
31, 889

1,231
456

1,000
519

888
625

1 101
928

1,614
624

1, 905
440

376,216
233, 526
142,688
40, 099
36, 120

353, 752
260, 125
87, 803
51, 124
49, 871

394, 568
288, 159
86, 888
42, 391
41, 060

353, 122
272, 280
69, 743
3,687
765

246 276
202, 930
35 775
5,722
3 466

138, 548
98, 873
28 897
2,541
1,451

171, 386
151, 084
0
3,016
1,075

1,397
868
891
1,445

1,584
898
965
1,663

1 671
1,201
988
2,019

.593

.582

.565

128, 320

145, 882

165, 985

3,790

3,615

3 010

31, 142
565, 977
157,876

23, 279
630, 053
208, 242

28, 766
624, 323
233, 502

546, 450
172, 764

538, 498
536,683
1,815

638, 888
636, 437
2,451

687, 686
684, 978
2,708

1,826
564

1,809
1,205

1, 813
664

350, 622
231, 559
119,041
45, 080
36, 724

310, 708
214, 601
96, 108
36,012
31,080

348, 212
218, 573
124, 162
64, 532
'59,880

r

772, 035
770,381
1,654

914, 398

1, 757
488

r 1, 619

1,308

330, 570
227, 221
103, 349
50, 560
45, 033

349, 997
235, 482
105, 275
40, 631
37, 072

060

061

061

061

063

063

064

065

061

062

061

.500
.086
9,893

.500
.086
7,564

.500
.086
7,560

.500
.086
9,605

.507
087
7,696

.512
.088
4,777

.518
.088
10, 344

.522
.089
8,197

.526
.089
7,394

.525
.089
10, 402

.526
!. 084
9,981

TOBACCO
Leaf:
Production (crop estimate)
mil of Ib
Stocks, dealers' and manufacturers', end of quarter
4,587
total
mil of Ib
Domestic:
352
Cigar leaf
do
Air-cured, fire-cured, flue-cured, and miscel4,019
laneous domestic
mil. of Ib
Foreign grown:
21
Cigar leaf
do
195
Cigarette tob&cco
do
23, 094
30, 505
Exports including scrap and stems
thous of Ib
9,304
10, 193
Imports including scrap and stems
do
Manufactured products:
12, 467
15. 457
Production manufactured tobacco total
do
5,567
6,787
Chewing plug and twist
do
4, 770
5,415
Smoking
do___
2,131
3,254
Snuff
do
Consumption (withdrawals):
Cigarettes (small):
2,497
2,941
Tax-free
millions
31,032
34, 303
Tax-paid
do
428,
309
477, 276
Cigars (lar^e) tax-paid
thousands
Manufactured tobacco and snuff, tax-paid
12,321
thous. of lb__ 14, 969
1,507
1 567
Exports cigarettes
millions
Price (wholesale), cigarettes, manufacturer to wholesaler and jobber, f. o. b. destination
3.938
3.938
dol per thous

794
413
954

935
529
989
1,485

927
512
1,034
1,545

1,415
899
1,063
1,991

1,379
804
981
2,074

r

544

r

584

064

p 066

.527
!.084
10, 653

.527
P i. 084

2 2, 181

4,783 0

3 1, 609

5,353

5,212

4,845

317

292

347

332

4,270

4,869

4,666

4,281

36, 274
11, 206

22
174
80, 854
9,603

70, 201
11, 506

42, 763
9,940

22
170
57, 743
8,434

30, 389
10, 077

27,066
10, 29S

24
175
32, 432
9, 662

29, 242
10, 701

29, 453
11,227

17, 247
7,020
6,707
3,520

15, 088
6,021
6,189
2,879

17,801
6,964
7,205
3, 632

15, 346
6,331
5, 970
3,045

11, 558
4,864
4, 246
2,448

15, 917
6, 539
6,031
3,347

13, 268
5,510
4,858
2,900

14, 345
5,935
5,399
3,011

14 927
6,058
5, 763
3,107

15, 773
6,522
6,088
3,163

2,881
37, 560
514, 905

2,954
30, 403
456, 019

2,674
37, 193
549, 541

2,585
33, 585
632, 063

2, 572
25, 070
364, 509

2,714
35, 982
437, 127

2,463
31, 688
391, 193

2, 267
33, 222
421, 950

2,721
32, 059
470, 129

2,482
38, 151

17, 158
1, 346

14, 644
1,551

17.245
1,310

14, 949
907

11, 709
1,475

15, 472
1,171

12, 997
1,337

14, 118
1,326

14, 493
1,306

15, 444
1,398

24
208
39. 902

~~1,~491~
|

3.938

3.938

3 938

3.938

3.938

3.938

3.938

3.938

3.938

3.938

p 3. 938

LEATHER AND PRODUCTS
HIDES AND SKINS
Imports, total hides and skins 9
thous of Ib
Calf and kip skins_ _ _ _ _
.-thous. of piecesCattle hides
do
Goat and kid skins _ _ _
do___
Sheep and lamb skins
do
Prices, wholesale (Chicago):
Calfskins packer, heavy, 9^£/15 Ib
dol. per Ib
Hides, steer, heavv, native, over 53 lb_.
_ do

14, 833
83
21
2,256
4,012

11,421
133
31
2,623
1,454

14, 545
74
34
2,534
3,451

7,761
69
34
1,798
882

9,772
57
24
1,759
2,046

7,898
43
21
1,325
1,429

9,382
150
32
1,936
1,032

10, 508
103
14
2,205
1,437

8,497
165
13
1,010
2,189

15, 308
97
2
2,291
3,220

12, 039
132
1
1,737
3,245

11, 047
92
10
1,607
2 784

.500
.128

.500
.133

.500
.138

.525
.148

.450
.128

.488
.128

.475
.108

.438
.103

.463
.090

.463
.095

.513
.095

513
.108

p 551
p. 118

LEATHER
Production:
r
722
844
644
668
586
738
813
872
496
737
744
800
Calf and whole kip
thous of skins 1,993
2,164
1,979
2,093
1,733
2,226
2,288
2,197
2,254
2.164
2,114
2,159
Cattle hide and side kip
thous. of hides and kips
1,699
2,241
1,750
2,068
1,836
2,066
1,859
2,064
1,951 T 1,959
1,892
2,005
Goat and kid
thous. of skins .
1,784
2,222
2,203
2,264
1,836
2,155
2,648
2,359
2, 065
2, 369
2,453
2,225
Sheep and lamb
do
Exports:
Sole leather:
66
124
54
39
46
53
88
51
46
84
37
66
Bends, backs, and sides .
thous of Ib ,
(44 )
13
35
8
17
13
65
20
36
36
31
36
22
Offal including welting and belting offal
do
5 ( )
3,092
2,923
3,054
2,644
3,633
3,053
3,840
3,126
2, 439
2,000
2,831
2,913
Upper leather
thous. of sq ft
2,891
Prices, wholesale:
.625
.625
.625
.625
.595
.625
.610
.595
P. 615
.630
.630
.630
Sole, bends light, f o. b. tannery
dol. per Ib
.610
Upper, chrome calf, B and C grades, f. o. b. tan1.145
1.123
1.123
1.145
1.145
1.158
1.118
1.112
1.118
1.180 p 1. 186
1.118
1.118
nery.-..-dol. per sq. ft..
r
Revised.
*> Preliminary.
1
2
3
Beginning April 1957, data exlcude excise tax; earlier data include excise tax ($0.005 per Ib.).
December 1 estimate of 1956 crop.
August 1 estimate of 1957 crop.
4
Not separately available.
« Excludes small quantities combined with other types.
cf Bags of 132 Ib.
§Data represent price for New York and Northeastern New Jersey.
9 Includes data for types not shown separately.




SUEVEY OF CUKRENT BUSINESS

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

S-31

1956

June

July

1957

DecemAugust SeptemOctober November
ber
ber

January

February

March

April

May

June

July

LEATHER AND PRODUCTS—Continued
LEATHER MANUFACTURES
Shoes and slippers:
Production, total
thous. of pairs
Shoes, sandals, and play shoes, except athletic,
total
thous. of pairs-By kinds:
Men's do
Youths' and boys'
do
Women's
do
Misses' and children's
-do
Infants' and babies'
do
Slippers for housewear
do
Athletic
do..
Other footwear
do
Exports
- - - do
Prices, wholesale, f. o. b. factory:
Men's and boys' oxfords, dress, cattle hide upper,
Goodyear welt
1947-49 =100
Women's oxfords (nurses'), side upper, Goodyear
welt
1947-49=100
Women's and misses' pumps, suede split __do

44, 806

42, 771

55, 656

45, 485

52, 239

46, 926

41, 944

51, 535

51, 398

55, 085

52, 836

49, 464

45, 372

38, 408

36,715

46, 346

37, 106

42, 128

38, 267

37, 107

47, 410

45, 847

48, 815

46, 457

42, 679

38, 573

7,893
1,622
20, 783
5,474
2,636

7,337
1,628
20, 406
5,087
2,257

9, 583
2,044
25, 030
6,635
3,054

7,973
1.685
19, 276
5,443
2,729

9,286
1,781
21, 464
6,397
3,200

8,487
1 491
19, 263
5 925
3,101

7,744
1 654
18, 705
6,016
2,988

9,084
1 937
25, 224
7,547
3,618

8,722
1 771
24, 774
7,092
3,488

9,642
1,950
26, 536
6,931
3, 756

9,366
2,116
25, 222
6,275
3,478

8,839
1,957
22, 831
5,809
3,243

8,044
1,910
20, 477
5,512
2,630

5,624
473
301
i 236

5,181
368
507
232

8,222
546
542
352

7 554
493
332
291

9 183
553
375
333

7 671
576
412
264

4 182
482
173
326

2 859
477
789
225

4 345
463
743
272

5 042
541
687
421

5,135
451
793
385

5 541
474
770
274

5 320
502
977
213

124.1

124.1

124.1

124 1

124 1

124.1

124 1

124 1

124 1

124 1

124 1

124 1

v 124. 1

129.9
117.4

129.9
117.4

129.9
117.4

129 9
117.4

131 3
117.4

131.3
117.4

131 3
117 4

131 3
117.8

131 3
117.8

131.3
117.8

131.3
118.9

131 3
118.9

p 131. 3
v 118. 9

LUMBER AND MANUFACTURES
LUMBER— ALL TYPES
National Lumber Manufacturers Association: J
Production total
mil bd ft
Hardwoods
do
Softwoods -- __
-- do
Shipments, total
_
do
Hardwoods
do_
Softwoods
do
Stocks, gross (mill and concentration yards) , end of
month, total
_ _
_ mil. bd. ft
Hardwoods
do__
Softwoods
- -- - do
Exports, total sawmill products
Imports, total sawmill products^ ~'~

3 312
2,672

640

3 067
633
2,434

3 538
658
2,880

3 147
658
2,489

3 403
654
2,749

2 975
607
2 368

2 554
550
2 003

2 720
561
2 159

2 612
573
2 039

2 807
554
2,253

2 950
501
2,449

3 050
490
2,560

2 934
492
2,442

3,167
557
2,610

2 949
511
2 438

3 262
556
2 706

2 871
571
2 300

3 156
584
2 572

2 804
556
2 248

2 390
507
1 883

2 625
509
2 116

2 486
535
1 951

2 758
527
2 231

3 023
512
2 511

3 119
510
2 609

3 005
505
2 500

8,598
3,206
5,392

8,716
3,328
5,388

8,991
3,430
5,561

9 247
3,517
5 730

9 496
3, 586
5 910

9 660
3 637
6 023

9 824
3 681
6 143

9 863
3 733
6 130

9 989
3 771
6 218

10 037
3,797
6 240

9 990
3,786
6 204

9,929
3, 765
6,163

9 928
3,752
6 176

64, 036
70, 485
327, 726 332 975

61 639
294 491

70, 035
314 368

55 235
279 133

82 249
227 006

56 983
175 509

66 281
206 386

80 341
250 060

66, 776
241 941

83, 948
241, 931

67, 790

M bd. ft
do

67, 974
290, 501

mil. bd. ft
. do
do
_ _ do
do

697
583
767
781
954

712
589
655
706
902

752
566
830
775
956

652
554
717
664
1 010

798
578
825
774
1 068

683
537
761
725
1 097

679
608
633
607
1 192

651
585
689
674
1 082

634
582
692
637
1 137

752
636
760
699
1 198

804
629
808
812
1 221

885
679
833
835
1 225

728
618
735
788
1 172

28, 398
Exports, total sawmill products
_ M bd. ft
(2)
Sawed timber
do
(2)
Boards, planks, scantlings, etc
__
do
Prices, wholesale:
Construction, No. 1, dried, 2" x 4", R. L.
dol. per M bd. ft— 89. 174
Flooring, C and better, F. G., I" x 4", R. L.
134. 989
dol. per M bd. ft
Southern pine:
Orders, new__
mil. bd. ft
664
240
Orders, unfilled, end of month
do
691
Production __ _ do
Shipments
do
685
Stocks, gross (mill and concentration yards), end of
1,827
month.
_
mil.bd.ft-7,208
Exports, total sawmill products
M bd ft
(2)
Sawed timber
.
do
(2)
Boards, planks, scantlings, etc _ do
Prices, wholesale, composite:
Boards, No, 2 and better, 1" x 6", R. L.
81. 891
dol. per M bd. ft
Flooring, B and better, F. G., 1" x 4", S. L.
dol. per M bd. ft- 153. 934
Western pine:
Orders, new _ _
mil. bd. ft
733
Orders, unfilled, end of month
do
424
Production
__
do
818
Shipments
.
do
749
Stocks, gross, mill, end of month
do
1,750
Price, wholesale, Ponderosa, boards, No. 3 common,
82.21
1" x 8"
dol. per M bd. ft

34 013
21 310
12 703

23, 669
12, 882
10, 787

27 664
16 699
10 965

33 500
19 286
14 214

24 269
14 117
lo' 152

37 584
22? 225
15 359

22 775
12 858
9 917

35 040
19 437
15 603

33 831
19 692
14' 139

31 370
20 426
10' 944

32 948
21 403
11 545

30 942
16 674
14 268

80 893 f 80. 164

*>80 164

SOFTWOODS
Douglas fir:J
Orders, new _
Orders, unfilled, end of month
Production
..
Shipments
_
Stocks, gross, mill, end of month _ _

88. 206

86. 773

85. 089

83. 159

81 603

80 654

81. 989

80 905

80. 170

132 570

131.247

130 879

129 685

130 646

130 034

131 320

131 308

129 746

675
221
690
694

730
215
729
736

641
211
650
645

711
198
744
724

619
174
690
643

516
158
615
532

658
178
738
638

557
180
570
555

634
166
616
648

674
191
633
649

699
193
663
697

659
218
613
634

1,823
7,983
2 010
5 973

1,816
8,614
1,740
6,874

1,821
5 966
1 918
4 048

1,841
6,100
1 454
4, 646

1 888
6 979
1 841
5 138

1,971
9 536
1 809
7 727

2 071
6 851
1 203
5 648

2,086
7 505
1 451
6 054

054
240
217
023

2,038
8 283
1 946
6 337

2,004
7 788
1 017
6 771

1 983
8 742
1 382
7*360

2
9
2
7

r
128 288 !26 500 P126 171

82. 425

81. 884

81 884

81. 794

81 794

82 062

80 465

78 395

78 135

77 785 r 77 792 j> 77 177

154. 154

154. 338

154. 154

154. 154

153. 970

153. 542

152.133 148. 779

148. 473

147. 821 »• 146. 412 P 145. 826

685
415
746
694
1,803

730
347
912
799
1,917

681
359
769
668
2,017

733
361
808
731
2,094

626
319
600
584
2 110

554
365
501
508
2,103

540
375
451
530
2 024

511
395
486
492
2,018

628
451
558
572
2 004

79.80

77.39

73 53

70 83

70 10

71 46

72 52

73 38

73 38

657
430
653
678
1,979
74 19

701
433
691
698
1 972
r 74 6i

654
430
683
657
1 998
t> 74 6i

HARDWOOD FLOORING
Maple, beech, and birch:
4,375
Orders, new
_ _ M bd. ft
4,350
4,525
2,700
3,475
4,000
3,950
3,000
3 950
4 250
4 050
4,000
3 750
Orders, unfilled, end of month
do
13, 000
14, 550
15, 400
15, 450
13, 350
14, 150
14, 025
13, 750
13, 250
13, 350
14 300
13, 850
13 950
4 300
Production
do
4 350
4 000
3 225
3 700
3 700
4 200
3 600
3 225
3 760
3 700
3 300
3 450
5,025
Shipments
_
do
5,000
4 300
3, 100
3 500
3 350
3 150
3 850
3 350
3 375
3 725
3 750
3 700
9 550
Stocks, gross, mill, end of month _
_ do
7,700
6,200
6,555
6,350
7,050
9 150
8 100
7,300
7,500
8 950
8 650
9 300
Oak:
72 917
Orders, new
do
78 010
86 426
79 691 92 406
74 843 62 525
92 442
80 671 73 683
68 168
88 280
86 019
Orders, unfilled, end of month
do
62, 224
55, 624 49, 448 40, 867
35, 800
52 102
50, 514
33, 573 37, 624
32, 296 29, 630
57, 087
55 680
Production _ „_ _
_ _
do
96, 955
87 730 100, 475
87, 880 102, 497
74 897
72 561
87 010
86 462
70 985
77 730
74 467
83 610
Shipments.
do_ _
93, 349
86, 291 97, 807 84, 993 93, 729
74 478
69 632
77 471 81 707
80 601 65 903 78 490
84 113
Stocks, gross, mill, end of month
_
_._do
80, 516
95, 631 101. 492 106, 574 115, 094 119. 929 111. 676 106, 162 103, 814 103. 134
87, 716 88, 885
81, 038
••Revised.
» Preliminary.
1 Excludes exports of infants' and children's shoes.
2 Not available.
tRevisions to be shown later are as follows: All types of lumber, January 1954-March 1955; imports of sawmill products, April 1955-January 1956; Douglas fir, January 1953-October 1955.




SUEVEY OF CURRENT BUSINESS

S-32
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

Avia-ust 1957

1956
June

July

1957

DecemOctober NovemAugust September
ber
ber

January

February

March

April

May

June

July

473, 105

505, 074

466. 993

412, 559

LUMBER AND MANUFACTURES—Continued
PLYWOOD
Hardwood (except container and packaging) :
Shipments (market) , quarterly total
212, 892
M sq ft surface measure
39, 183
Inventories (for sale) end of quarter
do _
Softwood (Douglas fir only) , production
M sq. ft., W equivalent- .372, 282

355, 424

475, 763

411,981

192, 127
39, 263

212, 701
51,087

188 529
39, 186

493, 563

444, 773

506, 066

439, 595

405, 013

404, 061

METALS AND MANUFACTURES
IRON AND STEEL
Foreign trade:
Iron and steel products (excl. advanced mfrs.) :
Exports, totald*
short tons
Scrapcf
_ _ ._ __
do_.
Imports, totalcf
do
Scrap
do

914, 645
531, 516
162, 642
10, 214

701, 488
438, 908
168, 926
13, 102

710, 271
472, 165
225, 631
26, 907

6,595
3,677
2,918
6,714
6,934

2,304
989
1,315
2,225
7,013

6,127
3,270
2, 857
6,108
7,027

6,733
3, 755
2,978
6,979
6,786

7,664
4,162
3,502
7,529
6,923

7,108
3,941
3,167
7,063
6,958

7,475
3,970
3,505
7,017
7,416

7,320
4,070
3,251
7,427
7,312

6,741
3,744
2,997
6,763
7,306

7,110
3,959
3,151
7,049
7,361

' 6, 524
' 3, 764
r 2, 759
' 6, 514
' 7, 376

6,376
3,849
2,526
6,444
7,307

13, 233
13, 879
8,459

1,490
2,143
7,806

9,962
9,898
7,854

13, 404
13, 512
7,716

13, 852
14, 305
7,263

8,351
10, 288
5,327

4,837
4,448
5,699

3,841
1,901
7,649

3,560
1,817
9,398

3,717
1,855
11, 254

6,677
5,581
12, 390

12, 587
13, 393
11, 543

12, 939
7,194
30, 835
27, 468
3,367

2,666

8,045
i 6, 858
35, 475
31, 901
3,574

12, 745
7,217
41,213
37, 376
3,837

12, 628
7,556
47, 483
43, 235
4,248

8,801
7,485
50, 537
45, 947
4,591

1, 580
7,840
45, 508
41, 231
4,277

0
7,892
37, 484
33, 580
3,905

0
7,099
30, 110
26, 817
3,293

0
7,602
21, 941
19, 672
2,270

3,987
7,158
17, 167
15, 170
1,996

12, 728
7,375
22, 712
20, 266
2,446

3,081
89

2, 638
73

4,077
85

3,537
65

3,877
103

2,608
64

1,630
96

1,692
92

1,357
89

1,458
89

1,801
90

3,187
88

1,041
1,152
687

1,109
763
488

1,074
1,103
672

1,037
1,110
649

996
1,275
734

917
1,176
635

920
1,109
587

905
1,213
642

931
1,103
582

935
1,133
604

899
1,120
611

880
1,112
625

1,038

86, 247
75, 635
45, 022

92, 078
54, 340
31, 300

91, 883
74, 422
43, 479

92, 553
69, 380
41,902

92, 734
81, 528
50, 219

89, 977
82, 717
47, 979

92, 311
76, 352
44, 268

93, 886
85, 977
51, 508

90,725
78, 028
46, 729

89, 431
78,013
48, 311

83, 116
80, 271
51, 320

79, 787
76, 504
46, 277

72, 534

« 6, 435
6,319

1,107
1,079

' 5, 143
5,173

' 6, 934
6,780

7,316
7,224

7,282
7,260

6,658
6,563

7,247
6, 894

6,871
r 6, 559

6,945
6,567

6,660
* 6, 331

2,315

2,419

2,326

2,396

2,380

2,308

2,355

2,268

2,241

2,439

' 2, 524

2,711

* 2, 789

59.65
60.00
60.50

61.08
60.00
63.00

62.35
62.50
63.00

62.45
62.50
63.00

62.45
62.50
63.00

62.45
62.50
63.00

62. 45
62.50
63.00

62.45
62. 50
63.00

62.45
62.50
63. 00

63.84
64.50
65.00

64.05
64.50
65.00

64.05
64.50
65.00

64.05
p 64. 50
p 65. 00

908, 956 1,140,215 923, 148 1,160,670 981, 743 1,016,175 1,401,916 1,293,189 1,283,605 1,211,497
545, 470 683, 537 490, 708 621, 775 726, 244 607,765 775, 968 646, 698 671, 916 502, 030
178, 934 255( 122 296, 827 225, 532 213, 757 184, 434 187, 409 180, 789 187, 645
14, 645
25, 024
11, 267
19, 571
20, 741
8,295
25, 607
28, 753
24, 788

Iron and Steel Scrap
Production and receipts, total- -.thous. of short tons..
Home scrap produced . _
_
do
Purchased scrap received (net)
do
Consumption, total
._ do
Stocks, consumers', end of month__
_do
Ore
Iron ore:
All districts:
Mine production
thous. of long tons
Shipments .
_
.
do
Stocks, at mines, end of month
do
Lake Superior district (U. S. and Canadian ores):
Shipments from upper lake ports
do
Consumption by furnaces§
do
Stocks, end of month, total§
do
At furnaces§
do
On Lake Erie docks§
do

Importscf. ._
___do
Manganese ore, imports (manganese content) cT do

p 6, 088
P 3, 628
p 2, 461
p 6, 088
v 7, 309

13, 597
6,931
29, 570
26, 823
2,747

14, 212

Pig Iron and Iron Manufactures
Castings, gray iron:
Orders, unfilled, for sale
thous. of short tons
Shipments, total
do
For sale
do
Castings, malleable iron:
Orders, unfilled, for sale
short tons
Shipments, total
do
For sale
do
Pig iron:
Production
thous. of short tons
Consumption
_ . _ _ . _ _. _
do.
Stocks (consumers' and suppliers'), end of month
thous. of short tons..
Prices, wholesale:
Composite
dol. per long ton
Basic (furnace)
do
Foundry, No. 2, Northern
do

' 7, 037 ' 7, 336
7,164
6,986

65.23

Steel, Crude and Semimanufactures
Steel castings:
164, 661 117, 984 159, 831 155. 046 175, 630 164, 114 158, 725 169, 240 154, 932 160,054 162, 498 164, 575 148, 914
Shipments, total
short tons
129, 147
96, 350 127, 001 121, 705 135, 798 126, 900 125, 569 133, 826 121, 667 124, 416 124, 549 125. 431
For sale, total
do
34, 762
34, 080
19, 833 32, 965
31, 296
33, 496
Railway specialties.
._ _ do
27, 181 29, 968
28, 284
30, 090
29, 708
32, 840
Steel forgings (for sale) :
538.7
546.9
562.4
539.6
537. 9
619.9
536.9
517.0
553.4
Orders unfilled
thous of short tons
532.9
496.9
479.2
98.5
143.4
129.6
121.5
148.3
123.2
147.7
Shipments, total
do
134.5
139.0
145.8
135.0
135.3
128.5
76.2
103.4
96.3
88.2
110.8
107.9
102.2
89.1
Drop and upset
do
113.0
103.4
100.3
100.8
22.2
37.5
40.1
33.3
33.3
37.9
34.7
Press and open hammer
do
34.2
34.0
34.5
32.8
35.6
Steel ingots and steel for castings:
1,622
9,721
11, 049
10, 423
8,123
Production
do
11, 009
10, 838
10, 589
9,792 ' 9, 391 * 8, 896
9,987
10, 556
9,815
99
92
99
101
15
75
93
97
100
Percent of capacity J
_
98
86
*79
90
86
Prices, wholesale:
.0627
.0583
.0583
.0627
.0620
.0626
.0628
Composite, finished steel
dol. per lb__
.0633
.0632
.0629
.0633
.0635
.0677
.0635
Steel billets, rerolling, carbon, f. o. b. mill
78.50
78.50
84.00
84.00
84.00
dol. per short ton
84.00
84.00
89.00
89.00
84.00
89.00
89.00 p 89. 00
.0487
.0527
.0527
.0487
Structural shapes (carbon), f. o. b. mill .dol. per Ib
.0527
.0527
.0567
.0567
.0553
.0527
.0567
.0567 * . 0567
Steel scrap, No. 1, heavy melting (Pittsburgh)
44.50
55.50
44.50
58.50
dol. per long ton..
54.00
62.50
66.50
50.50
41.50
53.50
62.50
44.50 ' 56. 50
Steel, Manufactured Products
Barrels and drums, steel, heavy types (for sale) :
2,536
2,502
2,126
2,266
1,708
2,070
Orders, unfilled, end of month
thousands
2,444
2.511
1,895
2,285
2,346
2,326
2,379
2,659
1,874
1,731
1,914
2,035
Shipments
do
2,166
1,878
2,179
2,207
2,050
2,160
65
57
62
62
62
65
Stocks, end of month
_
__do _
77
61
77
68
69
78
Cans, metal, shipments (in terms of steel consumed),
total for sale and own use
short tons- 405,083 448, 529 593, 912 533, 261 516, 540 265, 169 267, 144 314, 488 280, 395 323, 791 506, 425 338, 575 360, 561
224, 299 266, 336 418, 959 392, 158 352, 673 154, 249 153, 092 183, 293 161, 659 178, 913 335, 566 175, 847 203, 988
Food
do
180, 784 182, 193 174, 953 141, 103 163, 867 110, 920 114,052 131, 195 118, 736 144, 878 170, 859 162, 728 156, 573
Nonfood
_
_
do
345, 430 396, 151 531,036 458, 039 453, 970 219, 267 221, 290 262, 984 234, 194 267, 700 446, 336 280, 919 308, 228
Shipments for sale
do
1,594
1,280
1,393
1,368
1,685
Closures (for glass containers), production. _ .millions. _ ' 1, 494 1,390
1,251
1,436
1,403
1,443
1,465
1,385
24, 548 24, 870
20, 566
16, 941 22, 724
18, 883 21, 289
Crowns, production
_
_
thousand gross
24, 091 29, 712
16, 706
29,068
28, 791
28, 713
r
l
° Revision s for Febr uary, March, and ]Vlay 1956, respectiv ely, (thou s. short tc ns): 6,604 ; 7,150; 6,<)22.
Revised.
» Preliminary.
Total for July-Au gust.
§ Beginning 1956, data (compiled jointly by The American Iron Ore Assatiation a nd Amer can Iron and Steel Institute) reflect in creased cc verage of approxirrlately 70 1 J. S. and Canadian
at furnace
fnrnaf yards, and certain small stocks of ore, not fully reported in earlier data, are
inr»lnrlor1 in
in stocks
etr>r>lr 2 at
•>r>lr« iu
ic ^.^.,
nr»TXT ^^v/^^viv/J
T,« Iro TTriP
fiTrn«rvi<!
Alcn .^.^v,
cnma TT
S nro
ronnrtorl
nc ~^..~
h cklrl nn
-^..^v^. s.*.+w,
~. ~.
^-.v, •nrpvimiQlv
j^.^,. ^^^ *.w*r~.
^^ i*^
— ^«,^v.
^-x^ c\i
v^^^-u
now more accurately represented. Comparable figures for earlier periods are not available.
cTRevisions for 1954 appear in the June 1956 SURVEY and for 1955 in the October 1956 issue, p. S-35
except that for 1955, exports of iron and steel products are further revised as follows (short tons): Total—May, 854,549; June, 879,842; September, 789,530- November, 815 810- scrap—Mav
487,300; June, 545,812; November, 446,451.
'
J For 1957, percent of capacity is calculated on annual capacity as of January 1, 1957, of 133,459,150 tons of steel; for 1956, data are based on capacity as of January 1, 1956 (128,363,090 tons).
NOTE FOR STEEL PRODUCTS, p. S-33.—Data for semifinished products comprise ingots, blooms, slabs, billets, etc., skelp, and wire rods (formerly included with wire and wire
products); rails and accessories include wheels and axles. Monthly data for 1950-54 and annual shipments beginning 1933 on the revised basis will be shown later.




SURVEY OF CURRENT BUSINESS

zust 1057

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

S-33

1956
June

July

DecemOctober NovemAugust September
ber
ber

1957
January

February

March

April

May

June

July

METALS AND MANUFACTURES—Continued
IRON AND STEEL— Continued
Steel, Manufactured Products— Continued
Steel products, net shipments:!
7,285
7,931
5,540
1,289
7,350
7,822
7,809
7,431
8,078
6 972
7 067
7 064
7,058
Total (all grades)
thous of short tons
3291
491
358
437
380
400
417
403
360
390
367
399
Semifinished products
do
3472
631
668
573
543
538
630
659
583
600
569
564
Structural shapes (heavy), steel piling
do
775
3631
754
876
881
870
777
796
918
763
747
Plates
do _ _
607
232
232
3 152
226
224
215
203
242
208
197
211
214
Rails and accessories
do
1,046
1,030
1, 145
31,052
1,085
1,262
1,180
1,218
1,124
1,288
1,005
BITS and tool steel, total
do _ _
1,166
3645
689
768
849
687
802
826
692
713
820
756
Bars' Hot rolled (incl light shapes)
do
788
233
216
240
235
3238
275
224
250
250
234
188
Reinforcing
do
240
3152
116
118
128
127
144
139
152
125
174
114
Cold finished
do _
129
1,034
3857
974
998
905
931
990
831
1,000
1,020
Pipe and tubing
do
915
1,039
3339
312
388
304
287
314
298
348
457
327
342
263
Wire and wire products
do
809
3544
391
451
875
529
588
625
539
350
649
Tin mill products (incl black plate)
do
406
2,244
2,302
3 2, 492
2,070
2,733
2,347
2,602
2,796
2,049
2,674
2,353
Sheets and strip (incl electrical), total
do
2 532
716
753
3709
680
802
731
656
840
705
816
Sheets* Hot rolled
do
826 4 847
4
4
4
4
984
1, 026
3 1, 100
1,189
4907
1, 083
1, 232
1,211
895
1,046
1,277
Cold rolled (incl. enameling)
do
1 130
NONFERROUS METALS AND PRODUCTS*
Aluminum:
92, 406 132, 316 149, 125 145, 081 148 391 147,029 119, 059 135, 706 139, 152 145 174 P138, 007
145 726 151, 624
Production primary domestic
short tons
30, 674
28, 131
28, 576
32, 948
32, 571
26, 258
34, 997
26, 740
30, 471
33, 520
Estimated recovery from scrap©
do
28 164
Imports (general):
23, 068
18, 810
21, 832
25, 924
18, 648
17, 244
15 423
20 001
17, 577
19 885
23 097
21 478
IVTetol and alloys crude
do
1,774
1,364
1, 731
1, 682
1,265
1, 657
1,420
1,490
1,252
1,798
1,501
1 361
Plate^ sheets etc
do
.2671
.2710
.2710
.2590
.2710
.2710
.2590
.2710
.2710
.2710
.2710
.2710
.2710
Price, primary ingot, 99%+
dol. per Ib-.
.2710
Aluminum shipments:
313.3
354.6
«- 338. 9
343. 9
321.4
318.9
307.7
332.3
342.8
306.5
330. 4
361.9
Mill products and pig and ingot (net)
mil. of Ib
281 4
238.2
229.8
226.7
217.8
247.8
218.3
217.4
240.6
249.0
206.4
252.9
234.8
194 8
Mill products, total
do __
104.3
126.8
117.1
139.6
117.1
114.6
136.5
132. 5
120.1
109.8
130.0
126.0
99 9
Plate and sheet
do
60.8
69.1
61.9
52.4
68.3
74.5
73.4
65.1
69.5
57.7
73.0
67 0
Castings A
do
Copper:
Production:
92, 067
94, 443 r 93, 274 p 91, 562
95, 167
90, 256
85, 292
80, 600
94, 942
88, 632
93, 690
93, 210
Af ine r^c^v^rable nopperA
short tons
87 205
125, 760 107, 565 109, 726 108, 789 125, 204 121, 334 123 197 137, 362 114,263 128, 046 130, 943 133, 062 115, 660
Refinery primary
do
83, 583
92, 103
92, 532
82, 727
81,814
88, 091
83, 239
98, 401
89, 277
93, 542
98, 958
90, 051
From domestic ores
do _
84 899
26, 143
35, 943
38,411
27, 569
26, 062
25, 751
34, 104
38, 961
32, 057
31, 662
35, 709
31, 024
From foreign ores
do
38 298
19, 372
19,088
19 999
17, 383
19, 224
20 178
19 821
20 492
22 171
22 661
16, 597
15 808
25 780
Secondary recovered as refined
do
Imports (general):
58, 091
52 992
58 212
55, 338
47, 882
49, 324
43 088
58, 795
41 652
63, 686
48 377
Refined unref scrap©©
do
60 226
11,815
17, 497
16, 155
13, 496
14, 345
13, 697
16, 782
19 687
14, 190
15, 016
14, 683
Refined
do _
14 970
Exports:
57, 151
24 047
47 268
29 312
27 277
16 172
43 107
U7 703
50 077 r 44 775
40 981
Refined scrap brass and bronze ingots©
do
25 165
49 243
41, 376
18, 570
9,392
31, 954
29, 769
21,213
22, 025
15,147
32. 315
29, 933
28 479
Refined
do
17, 836
39 620
82, 257 125, 690 115, 204 132, 256 116, 119 112 119 132, 754 112,335 116,700 123,668 121, 672 pl!6, 717
129, 748
Consumption, refined (by mills, etc.)t --do
181, 678 238, 947 236, 865 218, 596 221, 978 238, 901 237 157 228, 268 237, 583 249, 583 244, 217 T 266 532 p274, 214
Stocks refined end of month, total
do
129, 540 154, 902 147, 093 132, 407 121, 855 127, 544 121 842 112, 696 101, 822 110, 196 107, 590 114, 686 pllO.330
Fabricators'
- ._
- do
.3152
.3862
.3960
.3963
.3033
.3145
. 3553
. 4506
2869
3129
. 3258
.4081
Price bars electrolytic (N. Y.)
dol. per Ib
.3570
3565
Copper-base mill and foundry products, shipments
(quarterly) :
505
461
570
506
506
Brass mill products
mil. of Ib
409
363
405
433
409
Copper wire mill products©
do
225
235
216
263
227
Bm,ss and bronze foundry products
_ do _ _
Lead :
Production:
29, 136
27, 109
27, 415
30, 630
27, 969
30, 865
30, 229
26, 447
30, 915 r 29 855
28, 503
31,520
Mine recoverable lead A
short tons _ 29, 481
34, 498
33, 536
36, 009
35, 356
38, 483
38, 283
34 391
33, 094
37 570
37, 049
36 750
38, 650
Secondarv estimated recoverable©
do
54,
063
56,
095
36,
265
38,
830
42,
145
33, 527
41, 294
28, 961
29, 982
34, 382
41, 855
32, 804
Imports (general), ore©, metal©-,
_ _ do
89, 700 101, 400
97, 400
94, 400
95, 000 110, 100 101, 000
85, 900 105, 900
94 900
98, 600
94 000
Consumption total
do
Stocks, end of month:
Producers', ore, base bullion, and in process©
(\BMS)
short tons__ 130, 561 126, 960 133, 028 126,274 119, 141 121,051 118, 078 120, 975 123, 276 126, 053 121, 691 117, 022 120, 706
39, 129
38, 650
37, 706
44, 833
40, 559
39, 846
35, 196
47, 628
54, 941
40, 398
Refiners' (primary), ref. and antimonial© do_ . 44, 369
49, 348
119, 613 123, 695 114, 066 119,773 112, 753 102, 688 115,572 118, 124 117, 554 119, 375 112 953 106 728
Consumers' total
do
52, 129
53. 339
55, 465
57, 020
49 956
49, 716
56, 535
59 111
50, 798
46 295
45 647
58 991
Scrap (lead-base purchased) all consumers do
.1600
.1600
.1432
.1600
.1600
.1600
.1600
.1539
.1600
.1600
.1600
.1600
.1600
Price, pig, desilverized (N. Y.)
dol. per lb__
.1400
Tin:
2
1,788
1,694
1,929
1,993
2265
260
2,049
2261
1,587
1,211
Production, pig, total
long tons.
2295
2207
Imports for consumption:
127
1,462
918
15
1,224
1,182
0
23
0
679
10
1,230
Ore©
- - - _ _ _ _ _ d o
3,964
6,285
5,380
5,231
4,746
5,894
4,835
4,427
6,625
4,557
4,598
6 223
Bars pigs etc
do
7,390
7,270
7,140
7,995
8,420
7,410
4,415
7,415
7 590
7,400
8,000
7 305
Consumption pig total
do
4,895
4,915
5,775
5,305
5,110
5,000
2,455
5,045
5,060
5,440
5,550
4,840
Primary
_
- _
_
do_ __
120
19
26
99
16
26
243
112
90
97
30
260
20
Exports, incl reexports (metal) ©_
do_ _
19, 135
20, 121
19,272
18, 353
20, 589
19, 050
18, 420
18, 190
16, 787
15, 222
19, 445
Stocks pig end of month, total
_
do
18, 625
19, 105
19, 135
17, 570
18, 390
17, 640
18, 670
18, 420
18, 190
16, 760
15, 195
19, 445
Industry
_
do
18, 625
1. 0022
1. 0135
1. 0357
.9896
.9802
1. 0401
1. 1026
1. 0572
.9616
.9448
.9832
.9646
.9948
Price, pig, Straits (N. Y.), prompt
dol. per lb__
.9930
Zinc:
44, 084
45, 847
49, 186
45, 449
45, 437
45, 093
48, 861
42, 963
Mine production, recoverable zinc A
short tons
50, 420
41, 980
50, 755 r 46, 060 •p 45, 026
Imports (general):
45, 425
39, 803
50, 462
41, 314
42, 189
47, 182
38, 093
37, 960
41, 955
Ores and concentrates©©.- _
_
do_ _
47, 619
45, 630
42, 296
46, 452
27, 494
26, 094
27, 580
31, 079
14, 179
22, 761
24, 288
12, 631
10, 691
Metal (slab blocks)©
do
20, 376
30, 037
Slab zinc:
Production (primary smelter), from domestic and
91, 496
84, 583
86, 748
85, 478
72, 884
84, 009
85, 797
84, 395
78, 914
foreign ores
_ short tons90, 032
81, 237
89, 860
89, 791
6,738
5,154
5,652
Secondary (redistilled) production, total
do
6,841
6,330
7,696
6,710
6 823
6,704
5,437
4,166
7,064
6 715
82,
272
87,
224
80,
258
Consumption, fabricators', total.
_ _ do _
80,752
94, 777
77, 155
72, 815
75, 909
78, 384
90, 490
46, 548
77, 489
413
1,091
602
629
822
952
657
647
1,201
987
496
Exports
do
877
503
Stocks, end of month:
70, 185
Producers', smelter (AZI)
do
78, 974
68, 622
69, 226 102, 775 104, 307 102, 165
89, 357 105, 531 112, 693 133, 455 146, 153
86, 889
88,810
oo OQO
97, 325 100,665
98, 642
90, 500
93, 896
95, 269
Consumers'
_ _
do_ _ 108, 557 103, 988
71, 428
84,673
89, 626
.1350
.1350
.1350
.1350
.1350
.1350
.1136
.1350
.1350
Price, prime Western (St. Louis)
dol. per lb__
.1192
.1001
.1350
.1350
.1350
7,794
8,968
7,243
9,050
8,136
5,827
7.833
6,552
7,820
7,004
8,478
8,017
7,685
Zinc oxide (zinc content of ore consumed) _short tons__
r
2
Revised.
* Preliminary.
1 Data for January-June 1956 exclude exports of brass and bronze ingots; such exports averaged 68 tons per month in 1955.
Secondary plants only.
4
s For July and August.
Excludes shipments of enameling sheets.
©Basic metal content.
§ Beginning with the March 1956 SURVEY, data reflect regrouping of products. For changes not self-explanatory, see note at bottom of p. S-32.
*New (or substituted) series in most cases. All series (except as noted) are compiled by the 17. /S. Department of Interior, Bureau of Mines; data prior to August 1954 for new series will be
shown later. General imports comprise imports for immediate consumption plus material entering the country under bond. Aluminum—prices of aluminum ingot are as quoted by the
American Metal Market; shipments of mill products plus pig and ingot are compiled jointly by the U. S. Department of Commerce, BDSA and Bureau of the Census. Copper—secondary production, exports, consumption, and stocks of copper and shipments of mill and foundry products are compiled by BDSA. Lead—producers' stocks of lead ore and bullion are compiled by
the American Bureau of Metal Statistics; stocks of scrap lead are in gross weight. Zinc—primary smelter production of slab zinc is derived by subtracting secondary (redistilled) production
at primary and secondary smelters (compiled by Bureau of Mines) from total smelter production (compiled by American Zinc Institute).
ARevisions for 1954 (and 1955 for lead and aluminum castings) are available upon request.
©Revisions for earlier months appear in the July 1956 SURVEY.
fRevisions for August 1954-September 1955 will be shown later.




SURVEY OF CURRENT BUSINESS

S-34

August 1957

1956

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

June

July

1957

DecemOctober NovemAugust September
ber
ber

January

February

March

1 797
4,362

1,803
4,750

1,723
4,887

1,507
5,435

42, 772
52 345

43, 619
62, 532

46, 782
65, 070

46, 081
73, 106

April

May

June

July

METALS AND MANUFACTURES—Continued
HEATING APPARATUS, EXCEPT ELECTRIC
Radiators and convectors, cast iron:
3,089
1,959
1,712
2,589
1,756
2 996
3 719
1,618
Shipments
thous. of sq. ft. of radiation..
6,626
4,139
4,074
3,878
5,277
5,977
7,519
Stocks, end of month
do
4,263
Oil burners:
Shipments
number.. 66, 498 57, 752 85, 278 97, 746 94, 910 64, 881 38, 729 45, 933
54, 460
75, 128 74, 320 64, 527 51, 778
Stocks, end of month
do
48 903 50 162 50, 329
Stoves and ranges, domestic cooking, excl. electric:
Shipments, total..
number.. 179, 899 155, 725 206, 506 204, 446 217, 898 161, 070 134, 878 146, 360
4, 178
4 065
4,154
4,387
5, 789
7,183
5 537
6 536
Coal and wood
.
do
169, 539 146, 845 187, 484 190, 984 202, 850 149,675 125, 139 136, 248
Gas (incl. bungalow and combination)©
do
5 934
5,352
7 673
4 815 11 839
6 206
5 858
8 512
Kerosene, gasoline, and fuel oil
do

160, 792 178, 695
4,000
4 716
149,126 163, 668
6 950 11, 027

206, 637
24 269
132, 474
49 894

280, 617
32 832
183, 315
64 470

348, 645
54 526
215,861
78 258

347, 688 383 582
58 212 63 483
195, 533 224 507
93 943 c>5 592

322
905
611
806

85, 536
10 537
56, 140
18 859

89, 855
6 379
56, 564
26 912

90 716
8 021
55 660
27 035

Warm-air furnaces (forced-air and gravity air-flow),
shipments, total-__
number,. 104 167
70, 204
Gas
do.
30 434
Oil.
do3,529
Solid fuel
do.
236 758
Water heaters, gas, shipments
do.

111 614
71, 962
34 770
4,882
226, 532

159 704
99, 712
52 873
7, 119
237 962

154 509 133 321
99 543
94 845
81 ' 462 62 987
51 638 45 118
32 303
4 253
8 026
6 741
217 277 225 632 182 266

71 305
47, 479
21 201
2, 625
153 198

75 731
49 228
23 737
2,766
209 953

66 838
43 708
20 870
2 260
202 173

Stoves, domestic heating, shipments, total
Coal and wood
Gas
Kerosene, gasoline, and fuel oil

do.
do.
do.
do.

242
30
160
50

164, 877 152, 657
4,669
4 716
153, 207 140, 339
7,649
6 954

105, 041 103, 585
9,870 14 232
54, Oil 55, 323
41, 160 34 030

143, 356
17, 406
78, 250
47, 700

74 084
50, 125
21 793
2,166
232 705

73 906
50, 208
21 946
1, 752
228, 198

74, 608
51, 030
21, 540
2.038
221, 764

MACHINERY AND APPARATUS
Blowers, fans, and unit heaters, quarterly totals:
Blowers and fans, new orderst.
thous. of dol.~
Unit-heater group, new orderst
do
Foundry equipment (new), new orders, net
mo. avg. shipments, 1947-49=100-Furnaces, industrial, new orders, net:
Electric processing
thous. of dol._
Fuel-fired (except for hot rolling steel)
do
Industrial trucks (electric), shipments:
Hand (motorized)*
number. Rider-type
do
Industrial trucks and tractors (gasoline-powered), shipments*
_. .number..
Machine tools (metal-cutting):©A
New orders (net), total
mil. of dol..
Domestic
do
Shipments, total
do
Domestic
do
Estimated backlog
months..
Pumps (steam, power, centrifugal and rotary), new
orders 9
thous. of dol-.
Tractors (except contractors' off-highway and garden): A
Shipments, total
thous. of dol..
Wheel-type
do
Tracklaying
do

r3
r3

r
r

78 115
20, 477

58, 578
18, 479

49 246
20, 543

54 275
21, 032

156.7

110.3

188.3

114.7

122 2

121 0

115.6

117.9

188.4

127.0

101.1

136.2

187.5

2,555
1,432

1,089
2,726

3,263
2,988

1,410
1,007

2, 131
5 447

1,587
1 767

2,095
2 943

2,062
4,581

4,441
3,429

1,809
6,794

1,089
1,665

1, 279
2,048

1,261
1,320

702
533

682
512

554
374

577
442

682
491

565
501

521
442

602
480

559
385

583
411

606
455

618
429

536
433

2,141

2,725

2,137

2,141

2 191

2,206

1,977

1,837

1, 610

1,909

1,941

1,737

1,869

58.20
51 10
77.70
72 05
58

58.90
51.30
89.10
78.80
5. 5

51.30
45.70
87.80
77.65
50

61.85
55 65
76.25
69 55
78

61.90
55. 25
65.15
60.70
78

87.50
78.25
75.10
69.00
77

78.45
68 80
71. 10
65 40
77

66.10
57 55
89.75
79 85
72

8 436

'
41. 40» 42. 85
r
37. 95 p 39. 85
r
78. 50 v 83. 05
* 70. 90 " 72. 90
P 42
4.6

64.25
58 70
81.70
73 60
67

57.20
51 90
85 15
75 05
62

63. 25
56 30
76.55
67 55
60

9 188

8 522

6 838

9 601

7 551

7,654

7,801

7,786

8,228

63 656
29 689
33 967

74 635
38 251
36 384

82 060
43 351
38, 709

92, 650
48, 606
44, 044

83, 965
45 390
38, 575

74, 984
41 878
33, 106

67, 406
33, 781
33, 625

r

1, 605

p 1, 876

138

135

8 240

7,587

8 336

71, 849
27 042
44, 807

57, 283
20 840
36, 443

63, 321
24 556
38, 765

63, 231
29 656
33, 575

63 322
27 619
35 703

55, 471
22 731
32 740

2,178

2,571

2,711

3 015

2,592

2,265

2,638

1,961

1,254

1,178

160

146

159

132

136

151

127

151

151

136

259 8
380.2
566.7

276 9
373.9
990.8

320.3
402.6
11,319.2

276.7
300.9
331.3
319.6
1, 085. 5 1, 264. 8

312.7
286.2
1
1,609.1

281.6
230.7
1, 115. 8

336.9

612.9

i 894. 2

820.8

680.0

1 627. 0

464.7

1 559.8

361.2

117.0

153 0

141 0

163 0

149 0

139 0

154.0

146 0

153 0

145 0

3,540
1 450
42 513

4,829
1,930
30 344

4,158
1,694
28 700

4,674
1 956
31 596

4,240
1 812
31 156

4,464
1,784
33, 318

4,824
2,017
32, 913

4,302
1 917
33 684

4.387
1,841
40, 916

4,306
1,799
25, 303

ELECTRICAL EQUIPMENT
Batteries (automotive replacement only), shipments t
1,807
thousands..
Household electrical appliances:
142
Refrigeration, output (seas, adj.)*
1947-49=100..
Vacuum cleaners (standard type), sales billed
248 3
thousands..
340.2
Washers, domestic sales billed D
do
1
1,073. 8
Radio sets, production!
do
Television sets (incl. combination), production!
thousands.. 1 553. 0
Insulating materials and related products:
Insulating materials, sales billed, index
156 0
1947-49=100..
Vulcanized fiber products: 9
4,804
Consumption of fiber paper
thous. of lb..
1 903
Shipments of vulcanized products
thous. ofdol..
Steel conduit (rigid), shipments
thous. of ft.. 54 144
Motors and generators, quarterly:
New orders, index
1947-49=100..
Polyphase induction motors, 1-200 hp:f
New orders
thous. ofdol-.
Billings
do
Direct current motors and generators, 1-200 hp:f
New orders
thous. of doL.
Billings
do

281.0
300 4
372 0
298.4
449.4
357. 9
1, 348. 9 1, 381. 8 11,715.2

450.2

231.2
207.3
254.2
282.3
1, 023. 8 "il,088. 3

342.4

'i 543. 8

4,671
1,983
30 410

3,498
1,488

v 609. 7

P360.2

202.0

253.0

228.0

203.0

63, 427
51 572

55, 187
57, 156

50, 155
51, 859

49, 467 2 16, 501
49, 717

13 216
11,321

12 136
10,815

10 645
13, 293

14, 947
13, 124

2 2, 627

2

15, 672
2

2, 578

2

17, 015
2

3, 112

PETROLEUM, COAL, AND PRODUCTS
COAL
Anthracite:
2,083
2,639
2,564
1,505
2,600
1,869
2,938
2,316
1,807
2,048
2,306
2,442
2,699
2,481
Production t
thous of short tons
Stocks in producers' storage yards, end of month
264
288
364
342
365
323
385
281
331
529
519
388
282
thous of short tons
363
469
305
362
466
465
658
359
659
488
310
680
405
Exports
.
do _
Prices:
29.41
29.41
26.21
28.99
29.21 r 27. 58
29.43
27.58
25 89
25.99
27. 15
27.87
26.23
Retail composite
dol per short ton
14. 490
15. 575
15. 575
15. 575
13. 671
13, 671 pl3, 671
15. 575
12.880 12. 880
13. 055
13. 755
12. 460
Wholesale, chestnut, f. o.'b. car at mine
do
r
Revised.
v Preliminary.
* Represents 5 weeks' production. 2 Data are for month shown. 3 Revisions for 1st quarter 1956: Blowers and fans, $66,924,000; unit-heater group,
$17,343,000.
©Beginning January 1956, data are estimated industry totals compiled by Gas Appliance Manufacturers' Association from reports of manufacturers whose shipments represent 80 to 95
percent of those for the industry.
©Comparable data back to 1945 are available upon request.
ADiffers from series shown in 1955 edition of BUSINESS STATISTICS.
*New series. Data for trucks and tractors, compiled by the Industrial Truck Association, are available beginning January 1955. The refrigeration index, compiled by the Board of Governors
of the Federal Reserve System, reflects changes in total output of refrigerators, freezers, room air conditioners, and dehumidifiers; data are available beginning January 1947.
9 Data cover one additional company beginning July 1956 for pumps and beginning December 1956 for vulcanized fiber products.
t Unpublished revisions (January 1954-October 1955),
reflecting adjustments to the 1954 Census of Manufactures, are available upon request.
§Radio production comprises home, portable battery, automobile, and clock models; television sets
include combination models. Data for June, September, and December 1956 and March and June 1957 cover 5 weeks, other months, 4 weeks. |Revisions for 1954 and 1955 are available upo n
request. ^Data for polyphase induction motors cover from 29 to 33 companies; for direct current motors and generators, from 21 to 26 companies. DData beginning January 1957 exclude sales
of combination washer-dryer machines. In 1956, such sales totaled 102,400 units; 1957 cumulative sales through June were 90,900 units.




August 1957

SUEVEY OF CURRENT BUSINESS

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

S-35

1956

June

July

1957

DecemAugust Septem- October November
ber

January

February

March

April

May

June

July

39, 030

34, 760

PETROLEUM, COAL, AND PRODUCTS—Continued
COAL— Continued
Bituminous:
Production cf_
__.thous. of short tons__
Industrial consumption and retail deliveries, total J cf
thous. of short tons__
Industrial consumption, totalj
do
Electric-power utilities
-do __
Coke ovens
do
Beehive coke ovens
do __
Steel and rolling mills
do
Cement mills
_
do
Other industrials
do
Railroads (class I)
Bunker fuel (foreign trade)

-do __
do

Retail-dealer deliveries

do

Btocks, industrial and retail dealers', end of month,
total
thous. of short tons. _
Industrial, total
- do
Electric-power utilities
do
Coke ovens
- - do __
Steel and rolling mills
do
Cement mills
do
Other industrials
do
Railroads (class I)
do

39, 241

30, 519

43, 907

40,187

47,869

44,209

39, 410

44, 025

39, 410

42, 510

41, 670

' 42, 580

31, 867
29, 862
12, 065
8,485
354
376
748
6,906

24, 600
22, 649
11, 750
3,130
93
142
764
6,004

32, 359
29, 557
12, 907
7,783
189
333
766
6,652

33, 230
30, 035
12, 175
8,915
248
358
720
6,645

36, 269
32,748
13, 225
9,266
304
437
753
7,695

37, 110
33,462
13, 751
8,979
337
457
786
8,072

38, 953
34, 980
14, 431
9,383
360
523
792
8,427

42, 810
37, 037
15, 669
9,372
418
593
809
9,194

35, 992
31, 778
12, 937
8,476
405
481
718
7,953

37, 281
33, 703
13, 565
9,397
429
475
773
8,192

33, 369
30, 750
12, 237
8,812
352
415
737
7,430

30,776
' 32, 208
' 80, 534 29, 274
12, 322
12, 210
8,782
' 9, 130
308
258
312
386
724
646
6,925
6,392

865
63

709
57

868
59

916
58

1,008
60

1,019
61

1,037
27

978
4

802
6

865
7

729
38

685
'54

614
60

2,005

1,951

2,802

3,195

3,521

3,648

3,973

5,773

4,214

3,578

2,619

1,674

1,502

73, 678
72, 695
41, 236
14, 005
556
1,185
14, 733
980

71, 449
70, 371
41, 186
13, 061
553
1,267
13,343
961

74, 309
73, 149
43, Oil
13, 366
538
1, 362
13, 943
929

76, 026
74, 9f,4
44, 564
13, 522
524
1,406
14, 022
916

78,897
77,706
46, 434
14,006
609
1,549
14, 190
918

78, 976
77, 806
46, 726
14, 093
580
1,612
13, 963
832

78, 008
76, 886
45, 956
13, 894
539
1,576
14, 061
860

72, 973
72, 135
43, 409
12, 796
511
1,377
13, 245
797

71, 307
70, 501
42, 262
12, 801
491
1,272
12, 887
788

71, 956
71, 320
42, 806
13, 254
499
1,212
12, 848
701

73, 335
72, 684
43, 984
13, 285
521
1,231
12, 976
687

76, 082
75, 324
45, 877
13, 903
550
1,287
13, 041
666

78, 273
77, 371
47, 592
13, 978
636
1, 306
13, 132
727

- _ do __

983

1,078

1,160

1,072

1,191

1,170

1,122

838

806

636

651

758

902

Exports cf
__
do
Prices:
Retail, composite
dol. per short ton..
Wholesale:
Screenings, indust. use, f. o. b. car at mine._do
Large domestic sizes, f. o. b. car at mine. .do

6,570

6,567

7,668

6,453

6,650

6,312

5,092

4, 517

4,755

6,295

7,455

7, 605

7,816

15.94

15.96

Retail dealers

15.26

15.31

15.45

15.74

16.04

16.27

16.26

16.31

16.31

16.32

16.26

5.057
6.735

5.051
6.795

5.083
6.987

5.091
7.120

5.426
7.546

5,432
7.604

5.433
7.630

5.467
7.641

5.467
7.641

5.465
7.484

5.596
7.135

' 5. 603 P 5.603
' 7. 095 *> 7. 163

'115
5, 505
535

r
152
' 6, 303
519

••225
' 6, 620
549

256
6,604
572

'247
5,966
508

'263
6,632
515

'215
6, 221
521

'181
' 6, 451
592

155
6,207

2,634
2,185
449
355
36

2,963
2,437
526
341
69

2,811
2,304
507
336
68

2,584
2,107
477
308
49

2,442
2,003
439
312
63

2,326
1,924
402
264
57

2,096
1.793
303
292
78

2,015
1,765
250
337
61

2,108
1,800
308
369
73

2,154
1,758
396
'345
64

2,260
' 1, 766
494
372
71

2,296
1,743
553

14.13

14.35

14.50

14.50

14.50

15.00

15.00

15.19

15.25

15.25

15.25

15.25

2,574
212, 997
95
242, 119

2,680
219, 805
94
248, 439

2,995
223, 046
94
247, 851

2,245
211, 616
94
240, 708

2,611
215, 936
87
235, 842

2,417
214, 174
93
240, 944

2,335
228, 684
93
252, 361

2,667
231, 880
94
256, 485

2,233
215, 099
91
226, 461

2,164
239, 214
90
249, 445

2,144
226, 231
87
232, 197

2,590
230, 696
90
247, 760

274, 491
67, 805
185, 882
20, 804

277, 008
70, 297
185, 831
20, 880

279, 944
71, 995
187, 123
20, 826

278, 791
72, 749
184, 895
21, 147

286, 560
75, 178
190, 081
21, 301

275, 995
70, 416
184, 477
21, 102

266, 014
71, 721
173, 278
21, 015

256, 244
70, 324
164, 383
21, 537

256, 344
70, 613
164, 538
21, 193

254, 911
70, 370
162, 363
22, 178

265, 796
74, 950
169, 247
21, 599

275, 963
76, 502
177, 653
21, 808

866
30, 029
2.82

748
34, 002
2.82

1,179
31, 602
2.82

805
29, 372
2.82

1,444
33, 976
2.82

8,442
28, 602
2.82

10, 544
26, 491
2.82

7,460
29, 680
2.82

8,009
23, 621
3.07

14,100
27, 669
3.07

9,013
28, 494
3.07

3,703
33, 466
3.07

52, 934
33, 964

55, 444
34,196

45, 991
47, 202

32, 808
41, 713

6,474
7,940
8,205

6,314
7,648
' 8, 183

78, 743
37, 429

98, 135
41, 125

4,895
3,288

3,699
2,903

.119
2.35

.114
2.35

8,520
6,747
21, 512
579

8,440
4,156
25, 545
373

.125

.120

COKE
Production:
Beehive
. .
thous. of short tons. _ or 217
«' 6, 024
Oven (byproduct)
do
538
Petroleum coke 9 do __
Stocks, end of month:
1,939
Oven-coke plants, total
do
1,644
At furnace plants
__
do
295
At merchant plants
do
342
Petroleum coke
do
63
Exports
do
Price, beehive, Conneflsville (furnace)
dol. per short ton..
14.13

'53
' 2, 258
552

r

'206
'185
' 6, 561 ' 6, 332
505
519

77

PETROLEUM AND PRODUCTS
Crude petroleum:
Wells completed
number. _
Production ef_
thous. of bbl
Refinery operations
percent of capacity-Consumption (runs to stills)
thous. of bbl
Stocks, end of month:
Gasoline-bearing in U. S., total—
do
At refineries
_
do
At tank farms and in pipelines
do . _ _
On leases
._
do
Exports
_
.
_
I rn ports cf
Price (Oklahoma-Kansas) at wells

. do
do
dol. per bbl

Refined petroleum products:
Fuel oil:
Production:
54, 775
52, 640
57, 007
65, 662
55, 354
Distillate fuel oil
thous. of bbl
57, 680
61, 413
54, 917
56, 970
55, 245
33, 037
32, 951
33, 823
Residual fuel oil
do
37, 351
40, 990
39, 922
31, 868
35,546
33, 543
35, 471
Domestic demand: cf
31.490
33, 033
33, 469
Distillate fuel oil
do
92, 960
41, 088
60, 855
71, 394
65, 815
57, 854
44, 254
36, 144
39, 422
39, 889
Residual fuel oil
do
60,868
39, 452
54, 381
50, 220
50,509
45, 461
50, 389
Consumption by type of consumer:
4,323
9,904
5,177
4,615
Electric-power plants.
do
6,570
8,224
5,202
6.266
7,130
6,963
7,842
8,326
Railways (class I)
do
7,994
8,421
7,552
7,857
8,712
8,861
8,323
8,687
7,034
7,323
Vessels (bunker oil)
do
6,957
7,999
8,791
6, 596
7,916
7,480
7,031
6,938
Stocks, end of month:
93, 758 115, 787 137, 905 150, 411 158, 871 151, 517 133, 981 100, 572
Distillate fuel oil
._
do
76, 245
85, 105
43,958
46, 617
Residual fuel oil
do
39, 073
44, 491
47, 342
38, 403
37, 371
36, 201
44, 590
48, 400
Exports:
2,094
1,544
Distillate fuel oil.
do _
1,720
6,687
6,651
7,959
2,170
2,645
7,176
5,119
2,061
4,012
2,136
2,108
1,734
3,588
3,226
2,282
1,343
Residual fuel oil cf
-do
3,360
Prices, wholesale:
Distillate (New York Harbor, No. 2 fuel)
.106
.106
.106
.109
.106
dol. per gal. _
.109
.109
.119
.109
.119
Residual (Okla., No. 6 fuel)
dol. per bbl_.
2.00
2.45
2.00
2.00
2.00
2.00
2.45
2.45
2.00
2.25
Kerosene:
9,716
9,170
Production- . _ _
thous. of bbl__
8,704
9, 872
11, 044
11,384
11, 735
9,874
10, 307
11, 508
6,213
4,364
12, 360
Domestic demanded
do
6,850
8,151
8,714
14, 114
17, 946
12, 153
10, 291
Stocks, end of month
__.
do
28, 990
31, 826
26, 111
33, 588
24,
019
31,420
35, 667
34,329
21, 013
20, 223
214
Exports
- _
do
1,059
659
90
313
209
930
58
562
892
Price, wholesale, bulk lots (New York Harbor)
.111
dol. per gal. _
.115
.111
.111
.115
.111
.125
.115
.125
.115
' Revised.
* Preliminary.
cf Revisions for July 1955 through January 1956 for imports and exports and for 1954 and 1955 for other indicated items will be published later.
JRevised (effective with the October 1955 SURVEY) to include bunker fuel.
9 Includes nonmarketable catalyst coke.
• Revisions for January-May 1956 (thous. short tons): Beehive—264; 251; 276; 254; 263; oven—6,665; 6,239; 6,630; 6;384; 6,471.




1,745

6, 238

7,737

2,313
2,544

378

15.25

SUEVEY OF CURRENT BUSINESS

S-36
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

August 1957

1956

June

July

1957

DecemAugust SeptemOctober November
ber
ber

January

February

March

April

May

June

July

PETROLEUM, COAL, AND PRODUCTS—Continued
PETROLEUM AND PRODUCTS— Continued
Refined petroleum products— Continued
Lubricants:
5,010
Production
thous. of bbl__
3,599
Domestic demand 9
do
9,754
Stocks refinery end of month
do
1,127
Exports
do
Price, wholesale, bright stock (midcontinent, f. o. b.
.220
Tulsa)
dol. per gal
Motor fuel:
Gasoline (including aviation):
Production total?
thous. of bbl. 119, 267
106, 118
G asoline and naphtha from crude oil
do
Natural -gas liquids:
10. 273
Used at refineries (incl benzol)
do
2,876
TJsed in other gasoline blends etc 9
do
Domestic demand 9
Stocks, end of month:
Finished gasoline
At refineries
Unfinished
gasoline
Natura1 gasoline and allied products

5,005
3,855
9,547
1,234

4,706
3,495
9,664
1,035

5,112
4,118
9,536
1,030

4,970
3,506
10, 060
925

4,870
3,491
10, 182
1,197

4,960
3,774
10, 412
894

4,334
3,382
10, 308
1,004

4,858
3,374
10, 428
1,303

5,124
3,653
10, 587
1,248

5,131
3 869
10, 710
1 074

.220

!.240

1.240

* .240

1.240

!.240

1.240

1.255

1255

J.255

!.255

123, 229
109, 338

125, 142
110, 474

119, 721
105, 676

116, 953
102, 079

117, 398
102, 635

125, 199
109, 792

123, 678
109, 412

108, 205
95. 114

118, 591
103, 741

113, 098
98, 775

120, 892
106 630

10, 863
3,028

11, 118
3,550

11, 399
2,646

13, 455
1,419

13, 145
1,618

13, 764
1,643

12, 702
1,564

10, 974
2,117

12, 296
2,554

11, 836
2,487

12, 158
2 104

126, 838

120, 708

125, 847

111, 574

119, 204

112, 113

108, 096

109, 295

96, 694

113, 166

115, 820

124, 649

164, 826
do
88, 640
do
do __ 12, 250
19, 586
do

164, 590
86, 118
11, 946
21, 595

161, 142
84,036
11, 797
22, 307

167, 032
86, 313
10, 942
23, 653

161,308
82, 994
11, 490
24, 178

163, 086
85, 720
11, 722
22, 934

174, 654
96, 081
12, 617
20, 559

184, 942
106, 956
12, 760
17, 638

192, 428
113, 355
12, 842
17, 661

193, 540
109, 922
13, 176
19, 063

188, 649
104, 636
12, 758
20, 742

182, 740
99 869
12, 030
24, 818

1,812

2,400

1,999

2,510

2,181

2,469

4,142

3,616

2,957

3,505

2,114

2,111

.118
.125
.218

.118
.125
.220

.118
.125
.216

.118
.125
.217

.115

.115

.115

.115

.125

.125

.125

125

.216

.215

.215

.227

.225

.220

.222

.222

9,536
7,151
11, 959
7,268

9,535
7,290
12, 086
7,239

9,837
7,784
11,919
7,108

9,335
7,263
11,681
6,880

9,413
7,630
11, 625
7,010

9,218
7,269
11, 781
7,362

9,596
7,340
12, 435
7,439

9,413
7,788
12,815
7,696

8,243
6,299
12, 918
7,438

9,611
7,999
12, 615
7,582

8,824
6,993
12, 397
7,285

9 573
7,289
13, 010
7,721

5,615
6,482
4,372

5,668
6,485
4.090

5,890
5,765
4,574

5,861
6,849
4,637

5,619
6,761
4,424

5, 316
5,686
4,576

6,031
5,304
5,322

6,207
6,552
5,185

5,830
6,766
5,326

6,800
7,941
4,868

6,203
6,478
5,322

5,813
6,026
5,750

9,434
11, 423

10, 025
9,635

10, 571
7,680

9,805
6, 832

9,502
6,601

6,572
7,755

4,905
9,150

3,918
10, 381

3,909
11, 314

5,496
12, 972

6,538
14, 606

8,303
15, 160

448
566

399
566

466
577

441
608

450
605

446
611

477
658

460
661

376
632

499
670

473
707

468
706

5,558

5,641

6.000

5,564

5,987

3,898

2,165

3,895

4,142

3,342

4,449

940
1,068
3,550
93
83, 374

937
1,162
3,542
99
84, 298

1,078
1,373
3,549
115
83, 247

994
1,416
3,154
122
77, 292

1,102
1,492
3,393
145
83, 664

729
897
2,272
121
68, 259

391
498
1,275
66
50, 663

818
872
2, 205
103
78, 270

916
949
2,277
91
79, 454

624
708
2,009
74
67, 375

761
891
2,797
80
78, 501

3,129
3,080
6,766

r 2, 716

do

Exports (motor fuel gasoline jet fuel)
do
Prices, gasoline:
Wholesale, refinery (Oklahoma, group 3)
dol per gal
Wholesale regular grade (N Y )
do
Retail service stations 54 cities
do
Aviation gasoline:
Production total
thous of bbl
100-octane and above
do
Stocks end of month total
do
100-octane and above
do
Jet fuel:*
Production
do
Domestic demand
do
Stocks end of month
do
Asphalt:©
Production
do
Stocks refinery end of month
do
Wax:Q
Production
do
^tocks refinery end of month
do
Asphalt products, shipments:
Asphalt roofing total
Roll roofing and cap sheet:
Smooth surfaced
Mineral surfaced
Shingles all types
Asphalt sidings
Saturated felts

4,749
3,717
9,694
1,028

thous of squares
do_ __
do
do
do
short tons._

r

2,488

.222

3, 998

4,558

>• 621

719
963
2,876
76
70,228

'•see

' 2, 511
r

1,265

'65

68, 191

.223

PULP, PAPER, AND PRINTING
PULPWOOD AND WASTE PAPER
Pulpwood :
Receipts
Consumption
Stocks end of month
Waste paper:
Receipts
Consumption
Stocks end of month

2,989
3,012
4,567

3, 161
2,826
4,894

3,619
3,098
5.418

3,166
2,815
5,767

3,299
3,136
5,929

3,094
3,001
6,030

2,840
2,638
6,229

3,255
3,137
6,409

3,137
2,827
6,719

752, 916
short tons
756, 640
do
_do_ _.. 480, 174

650, 110
617, 505
514, 619

756, 614
770, 437
498, 997

691, 112
691,688
503,018

788, 644
772, 217
514, 999

726, 934
718, 128
523, 759

652, 625
637, 049
541, 058

699, 647
720, 736
519, 590

1, 863. 9
79.5
1, 026. 8
219.1
256.4
102.1
180.2

1, 723. 4
58.3
950.2
218.0
244.7
94.7
157.5

1, 908. 3
78.0
1, 056. 9
223.9
264.5
106.6
178.3

1, 728. 7
76.6
950.7
197.8
243.3
95.4
164.9

1, 940. 7
79.9
1, 071. 5
238.0
262.8
100.3
188 2

1, 856. 5
81.7
1, 032. 0
215.9
255.4
89.4
182.1

1, 672. 6
72.7
920.0
200.8
231.5
78.0
169.4

813.2
200.4
618.2
100.6

849.0
200.3
548.6
100.0

872.9
200.5
577.5
102.1

885.4
196.4
584.2
104.9

909.0
199.4
603.4
106.3

934.4
219.5
610.6
104.3

46.3
20.2
26.1

39.3
18.2
21.2

50.2
17.4
32.8

37.5
12.5
25.0

41.6
13.6
28.0

47.4
10.4
37.0

thous of cords (128 cu. ft.)
_ - - -_do_ _
do
_ _

WOOD PULP
Production :cf
Total all grades
thous of short tons
Dissolving and special alpha
- do
Sulfate
do
Sulfite
- - - — do—
Groundwood
_ do
Defibrated or exploded
do
Soda semichem screenings damaged etc do
Stocks, end of month :cf
Total all mills
- - - do__ _
Pulp mills
do
Paper and board mills
- - do
Nonpaper mills
do
Exports all grades total 9
Dissolving and special alpha
All other

_

do
do
do

6,155

2,834
2,903
6,083

678, 028
680, 164
517, 109

720, 815 724, 292
731, 369 ' 725, 959 734, 710
506, 251 '504,557 496, 039

688, 323
487, 849

1, 904. 6
82.6
1, 061. 0
226.9
262.6
90.1
181.5

1, 709. 8
83.6
915.6
207.5
244.0
91.2
167.8

1, 893. 7
92.0
1, 037. 3
220.9
267.2
96.7
179.6

912.0
189.5
617.1
105.4

884.0
208. 8
575.3
100.0

871.5
206.6
564.3
100.6

869.8
206.9
561.1
101.8

r 544. 0
106.6

556.5

49.7
16.4
33.3

48.2
14.5
33.7

37.9
17.2
20.7

75.2
25.8
49.4

48.0
14.1
33.9

57 1
23.9
33.3

3,025

' 6, 449

r

1, 840. 4
93.9
993.1

225.5

2,826
3,094

1, 900. 7
93 2
1, 052. 9
211.0

1,772 7
82.7

977.2

168. 8

95.6
183.6

201.3
249.1
96 3
166 2

' 859. 8

879.2

861.1

r
r

263. 6

••95.4

209.2

264.3

218.2

104.5

222.2
534.0
105 0

59.7
23.0
36.7

177.1
176.5
183.1
213.1
175.2
212.2
211.3
183.7
173.9 »• 168. 6
201.6
190 4
Imports all grades total 9
do
11.0
99
12.2
12 0
10 0
10 1
13 3
11 0
11.8
13 5
13 8
17 9
Dissolving and special alpha
do
166.2
173.2
199.3
166.5
162.9
198.4
172.7
160.4 ' 156. 8
203.0
177.1
183.7
All other..
do
r
J
Revised.
*> Preliminary.
Effective August 1956, for "solvent refined" instead of "conventional"; August 1956 price on former basis was unchanged from July 1956.
9 Revisions for petroleum products (domestic demand, gasoline production, and natural gas liquids used in blends) for 1954, and 1955, and wood pulp (exports and imports) for January
1954-July 1955 will be published later.
*New series. Prior to 1954, included with data for gasoline, kerosene, and distillate fuel oil; for January-July 1954 figures, see note "i" on p. S-35 of the September 1955 SURVEY and earlier

6Asphalt—5.5 bbl.=l short ton; wax—1 bbl.=2801b.
^Effective with the October 1955 SURVEY, data as compiled by the Bureau of the Census have been substituted for those from the United States Pulp Producers Association.




SUEVEY OF CUKRENT BUSINESS

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

S-37

1956

June

July

1957

DecemOctober NovemAugust September
ber
ber

January

February

March

2,432
1,104
1,090
12
226

2,655
1,183
1,224
13
235

April

May

2,602
1,169
' 1, 180
13
240

' 2, 664
' 1, 172
' 1, 237
' 12
243

June

July

PULP, PAPER, AND PRINTING—Continued
PAPER AND PAPER PRODUCTS
All paper and board mills, production :t
Paper and board total
thous. of short tons__
Paper
__do
Paperboard
do
Wet-machine board
do
Construction paper and board
do

' 2, 654
' 1, 164
'1,211
13
267

Paper, excl. building paper, newsprint, and paperboard
(American Paper and Pulp Association):
Orders new 9
thous. of short tons. - 854.3
904.0
Orders unfilled end of month 9
do
1, 029. 4
Production
'
- do
891.5
Shipments 9
do
399.0
Stocks end of month 9
do
Fine paper:
129.9
143.1
Ord ers' unfilled" end of month
- - --do
136.4
Production
'
do
141.4
Shipments
do
98.8
Stocks end of month
do
Printing paper:
362.5
Orders new
^o
531.1
Orders' unfilled end of month
do
357.0
Production
do
357.8
Shipments
do
Stocks end of month
-- -do_ __ 159.1
Price, wholesale, book" paper, "A" grade, English
15.27
finish white f o b. mill
dol. per 1001b__
Coarse paper:
, ,
309.7
Orders new
thous. of short tons. _
181.9
Orders unfilled end of month
- do
336.1
Production
'
do
332.7
Shipments
do. _90.9
Stocks end" of month
do. _Newsprint:
Canada (incl. Newfoundland):
536.4
Production
do
544.5
Shipments f rom mills
do
132.9
Stocks at mills end of month
_.do
United States:
422.4
Consumption by publishers
do
141.9
Production!
do
144.4
Shipments from mills!
do
Stocks, end of month:
6.4
At mills
do
376.1
At publishers
-do
112.2
In transit to publishers
do
464.7
Importsd"
do
Price, rolls, contract, delivered to principal ports
dol. per short ton__ 130. 10
Paperboard (National Paperboard Association):
Orders, new§
_._thous. of short tons.. 1,133. 7
418.2
Orders unfilled end of month
do
1, 247. 2
Production total§
do
98
Paper products :§
Shipping containers, corrugated and solid fiber,
8,163
shipments
mil. sq. ft. surface area..
Folding paper boxes, index of value:
202.5
New orders
_
1947-49=100..
184.5
Shipments
do

2,371
1,068
1,043
10
250

2,724
1,205
1,231
13
273

2,466
1,108
1,103
]2
243

2,746
1,227
1,248
13
257

2,591
1,174
1,179
14
223

2, 358
1,091
1,071
12
184

2,672
1,217
1,211
13
231

827.2
914.9
938.2
794.1
397.7

863.8
863.9
1,060. 9
914.5
408.0

805.0
850.2
977.0
833.2
410.8

871.1
804.7
1, 082. 7
912.1
409.0

815. 5
738.2
1, 034. 6
873.7
429.8

780.8
696.1
960.3
823.2
415.5

873.7
693.6
1,061.2
885.3
494.6

119.1
143.8
118.5
119.2
96.1

125.7
134.8
136.7
139.6
94.8

116.4
126.8
130.8
135.5
96.3

121.4
104.3
141.7
137.1
96.4

120.2
99.3
134.3
130.3
100.4

109.4
86.9
126.9
124.9
115.4

118.3
68.9
133.8
135.9
105.6

131. 7
79.6
125.0
127.8
133. 4

133.1
78.7
139.6
134.8
133.4

' 134. 0
'70.1
' 135. 1
' 140. 0
' 136. 7

148.0
74.0
130.0
143.0
133.0

354.1
536.4
331.2
330.9
159.4

347.9
502.3
370.8
369.8
160.4

333.8
506.4
341.3
338.4
163.3

357.0
485.0
375.4
378.1
160.6

322.8
430.6
364.9
364.6
160.8

333.0
406.5
344.9
343.6
167.5

364.2
422.2
362.0
353.1
202.6

308.6
397. 5
323.5
321.0
202.3

388.8
435.2
349.8
348.2
220.7

' 336. 9
' 439. 5
' 341. 7
' 341. 0
' 216. 1

328.0
389.0
351.0
326.0
229.0

794.0 f 905. 7 ' 830. 9
669.1 ' 720. 3 ' 706. 9
957.2 ••1,021.3 '1,008.1
798.1 ' 859. 9 ' 849. 3
503.9 ' 519. 9 ' 518. 2

15.38

15.38

15.38

15.38

15.38

15.38

15.38

15.38

15.38

300.4
181.4
295.0
293.5
88.3

335.7
179.6
344.3
344.1
99.1

301.6
169.5
307.0
303.4
94.5

333.2
168.4
333.2
335. 2
92.5

319.1
160.1
330.6
322.4
100.8

290.5
163.3
298.4
301.6
97.3

334.6
156.6
344.1
334.5
123.1

302.1
148.2
308.0
297.4
107.8

322. 5
157.4
318. 5
320.3
107.4

532.5
543.1
122.2

570.4
559.3
133.3

514.0
528.7
118.5

582.1
578.4
122.2

559.5
543.5
138.2

514.2
552.4
100.1

558.6
513.6
145.0

518.9
510.9
153.1

388.8
138.5
137.3

402.5
154.3
153.5

434.9
140.6
141.1

476.9
154.0
153.4

467.7
142.5
142.4

443.6
139. 2
137.7

407.6
157.7
158.9

7.7
449.8
102.5

8.5
518.5
114.0

8.0
513.0
111.8

8.7
516.5
114.8

8.8
510.0
112.3

10.2
523.5
112.2

8.9
551.1
113.1

2,513
1,119
1,142
12
241

832,0
650.0
1, 004. 0
835.0
524.0

15.38

15.88

302. 3
148. 7
311. 8
310. 6
108. 7

301.0
140.0
315.0
309.0
106.0

574.2
526.5
200.8

554.8
538.4
217.3

573.0
574.3
216.0

532.0
548. 5
199.6

387.2
150.7
151.6

463.3
164.4
161.2

442.3
162.4
162.6

466.0
171.2
172.5

433.9
159. 1
156.8

8.0
591.7
119.6

11.2
580.2
107.8

11.0
592.6
100.9

9.6
589.7
96.5

11.9
585.6
101.8

'
'
'
'
'

480.5

485.4

425.2

507.0

487.3

464.2

447.4

429.1

427.9

459.4

130. 10

130. 10

130. 10

130. 10

130. 10

130.10

130.10

130. 10

133. 30

134. 40

1,088. 8
464.5
1, 003. 1
77

1,189. 9
418.0
1, 246. 1
95

1, 089.9
410.2
1,083.2
89

1,327. 4
490.5
1, 273. 0
96

1,149. 4
407.8
1, 184. 3
91

1,148. 6
419.4
1, 114. 3
82

1, 153. 2
47.1. 7
1, 125. 7
91

1, 088. 6
454.3
1,094.6
94

1, 208. 4
408.3
1, 221. 0
94

1, 211. 3
493.7
1, 189. 8
92

7,167

8,962

8,116

9,229

8,286

7,253

7,947

7,365

8,227

190.0
171.3

202.5
192.0

191.2
181.3

232.8
206.8

176.7
193.3

194.3
181.2

193.3
173.6

194.9
171.9

207.4
186.6

1,053
814
239

749
569
180

988
733
255

1,417
1,166
251

1,308
1,135
173

1,058
856
202

489
367
122

1,065
825
240

1,104
856
248

1,463
1,176
287

48 263
97 820

45 368
102 796
59, 896

* 15. 88

373.5

653.4
101.5

450.1

134. 40 p 134. 40
1, 228. 3
384. 1
1, 259. 7
93

1,122.9
370.7
1, 142. 5
91

1, 114. 5
506. 5
1, 000. 8
77

7,987

8,291

7,739

7, 550

212.9
185.5

206.7
187.0

190.5
170.4

192.7
167.7

1,010
813
197

1,176
915
261

1,013
794
219

PRINTING
Book publication, total
New books
.
New editions

number of editions. _
do
do

956
773
183

RUBBER AND RUBBER PRODUCTS
RUBBER
Natural rubber:
Consumption
long tons.. 43,568
101, 748
Stocks end of month
do
36, 694
Imports, including latex and guayule..
_._do
Price, wholesale, smoked sheets (New York)
Synthetic rubber:
Production
Consumption
Stocks, end of month
Exports .

44,095

38, 287
103, 301
41, 404

46, 614
99, 668
40, 367

98, 069
42, 999

52, 082
94, 508
52, 387

42, 859
106, 316
49, 757

45, 130
116 469
57, 653

101 758
46, 349

52,631

46 427
100 253
37, 487

.308

.335

.365

.325

.321

.345

.365

.333

.306

long tons__ 85, 296
67, 626
__do
171, 196
do
13, 091
do

88, 031
58, 046
188, 813
12, 197

86, 468
72, 394
192, 486
12, 911

90, 602
69, 076
200, 793
12, 600

88 158
81, 866
197, 788

83 514
71, 397
199 334

93 764
72, 260
202 596

94 277
85? 490
193 724
17 319

dol. per lb_.

8,954

6,726

19,350

83
77
184
16

235
260
808
878

42,160
.315
93
81
181
18

916
650
813
101

.321
82
76
173
13

' 46 511 41 iQ5
r 98 717
90 818
52, 566

.328

340 r 95 014
355 r 80 242
611 r 173 441
966
16 009

.332
84
70
173
17

.329

413
230
888
584

Reclaimed rubber:
21 ggs
22, 103
Production
do
19, 776
21, 593
22, 368
26 293
20 009
20 548
25 053
25 051
22 878 T 24 859
22 402
Consumption
do
20, 523
18, 065
21, 458
20,205 23, 901 20, 793 20, 698 24 053 22 773 24 633 23 145 r 23 816 2i 154
Stocks, end of month.
do
35, 647
35, 703
35, 512
36, 527
37, 904
36, 063
34, 969
34, 552
32, 010
30, 975
30. 258 ' 29. 847
30. 379
r
Revised.
f Preliminary.
t Effective with the October 1955 SUKVEY, items have been revised as follows: Construction paper (formerly included in the total for paper) is now combined with construction board:
wet-machine board was formerly included with paperboard.
9 Data exclude estimates for "tissue paper".
JRevisiens for January-December 1954 appear in the March 1956 SURVEY.
o* Revisions are as follows (units as above): October 1954, 417.8; May 1955, 447.9; Ju-ne 1955, 449.8; October 1955: 453.7.
§Revisions will be shown later as follows: January 1953-March 1956 for paperboard; January 1953-February 1956 for shipping containers; January 1955-March 1956 for folding paper boxes




SURVEY OF CURRENT BUSINESS

S-38
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

August 1957

1956

June

July

August

1957

Septem- October Novem- December
ber
ber

January

February

March

April

May

June

July

RUBBER AND RUBBER PRODUCTS—Continued
TIRES AND TUBES
Pneumatic casings :cf
Production

thousands. - r 7, 929

Shipments total
Original equipment
Replacement equipment
Export
Stocks end of month
Exports
Inner tubes :cf
Production
Shipments

8,050

7,800

8,799

7,641

8,556

9,504

9,169

9,766

8,950

9,490

8,489

9,298
2.833
6, 319
145

8,644
2,302
6,178
163

6,952
1, 553
5,238
162

7,776
2,908
4,703
165

7,518
3,516
3,881
121

7,548
3,579
3,803
166

8,874
3,496
5,195
183

8,539
3,361
5,051
127

9,114
3,381
5,579
154

9,381
3,246
5,989
146

9,150
3,230
5,787
134

9, 366
2,993
6,247
127

19, 947
154

17, 394
137

16, 794
207

17, 648
161

18, 775
169

18, 803
148

19, 872
163

20. 490
144

21, 008
144

21, 743
171

21, 308
202

21, 630
152

20,783
120

do_ __
do

2,837
3,370

2,300
3,384

2,795
3, 295

2,773
2,777

3,025
2,877

2,585
2,792

2,670
2,837

3, 364
3,829

3,362
3,291

3,822
3,397

3,428
3,104

3,548
3,214

3,025
3,485

do
do

7,349
141

6,418
84

5,962
76

6,056
96

6,469
73

6,250
53

6,109
76

5,789
32

5,960
78

6,540
76

6,969
90

7,422
80

6,946
75

27, 485
92
29,203

26 462
91
29, 758

33, 176
22, 539

29 880
20, 324

do
do
- .
- -

Stocks, end of month
Exports

6,741

9,289
2,533
6,627
129

do
-- -- -- do
do
- - - do_

- _

STONE, CLAY, AND GLASS PRODUCTS
PORTLAND CEMENT
Production
Percent of capacity - _ - Shipments.. _ _ . - .
.
Stocks, end of month:
Finished
Clinker
..
._

thous. of bbl
_. thous. of bbl. -

28, 771
110
32, 296

29, 498
109
31, 598

30, 055
111
33, 607

28, 643
109
30, 173

29, 051
107
31, 585

25, 869
98
22, 906

24, 429
90
17, 990

19, 320
71
11, 927

17, 827
66
15, 274

22, 642
76
20, 757

23 967
83
23, 351

-

22, 685
12, 537

20, 598
11,059

17,068
9,264

15, 532
7,969

13, 007
6,874

15, 973
7,476

22, 441
9,443

29, 814
14, 337

32, 382
18, 625

34, 277
21, 621

34, 893
23, 620

Brick, unglazed:
Production
thous. of standard brick__ 646, 423 648, 127 685, 128
632, 217 618, 630 641, 400
Shipments
do
Price, wholesale, common, composite, f. o. b. plant
dol. per thous__ 30. 946 30. 946 30. 668

603, 572
571, 237

646, 609
600, 790

586, 713
516, 852

491, 766
397, 230

437, 692
314,030

400, 758
370, 935

467, 798
454, 575

534, 682
523, 085

564, 799
585, 612

550, 581
542 009

30. 668

30. 718

30. 718

30. 863

30. 863

30. 814

30. 814

30. 814

30. 814

p 30.906

do
do _ _

r
r

CLAY PRODUCTS

Clay sewer pipe, vitrified;
Production
short tons
Shipments
--- _ . - - do
Structural tile, unglazed:
Production
do
Shipments
-~
do
GLASS PRODUCTS
Glass containers:
Production

164, 378
183, 461

168, 228
178, 007

190, 528
187, 421

173, 770
169, 118

192, 139
186, 756

180, 184
143, 149

163, 739
109, 313

166, 580
107, 907

148, 236
111, 676

154, 151
133, 298

153, 240
139, 420

162 551
152, 142

152 065
153, 575

60, 162
59. 471

65, 113
56,753

69, 260
63, 405

64, 598
55, 507

64,079
60, 910

63, 917
52, 006

55, 497
46, 069

54, 447
46, 451

49, 962
44, 170

57, 747
51, 984

52, 258
47, 677

53 688
51, 580

55 334
54, 157

12, 567

12, 158

13, 237

9,878

13, 377

11, 895

10, 323

11, 657

11,057

. 12, 617

11, 695

12, 505

12, 747

Shipments, domestic, total
do
General-use food:
Narrow-neck food
_ do
Wide-mouth food (inch packers' tumblers, jelly
classes, and fruit jars) .- - thous. of gross -

11, 988

11, 192

15, 859

10, 222

14, 688

10, 038

9,426

10, 022

9,710

11, 109

11, 021

12, 611

12, 081

1,247

1,239

2,227

1,881

1,701

848

765

948

892

1,100

1,091

1,182

1,238

3,321

3,218

5,109

2,874

4,134

3,065

2,723

2,997

2,843

3,049

2,963

3,435

3,425

Beverage
Beer bottles
Liquor and wine
Medicinal arid toilet
.
Chemical, household and industrial
Dairy products
Stocks, end of month

••1,274
1,279
1,134
2,566
965
202

1,001
1,171
920
2,446
999
198

683
1, 262
1,337
3,602
1, 336
303

395
604
1,166
2,230
839
233

993
847
1,868
3, 657
1,182
306

509
528
1,524
2,512
841
211

721
667
1,088
2,459
802
201

484
577
963
2,902
967
184

515
508
1,061
2,791
942
158

799
889
1,190
2,899
1,024
159

961
911
1,060
2,810
1,076
149

1,351
1,300
1,064
2,842
1,268
169

1 403
1,333
1 157
2,470
880
175

16, 130

16, 810

13, 940

13, 371

11, 721

13, 296

13, 897

14, 976

16, 107

17, 318

17, 793

17, 439

17 860

thous. of gross

-do
- _ do
do
. do
do
do
do

GYPSUM AND PRODUCTS
Crude gypsum, quarterly total:
Imports
_ thous. of short tons
Production
do

1,305
2,846

1,224
2,569

1, 013
2,307

764
1,987

Calcined production quarterly total

2,367

2,110

1,861

1 783

819,437

911, 118

926, 693

663, 237

> _ do

88, 369

77, 685

83, 481

83, 225

do
do

428, 129
356, 196

433, 807
381, 095

350, 230
319,816

324, 454
295, 387

mil. of sq. ft - 796.5
1, 227. 0
do
69.4
do

601.6
1, 068. 1
55.8

530.0
1, 007. 8
47.2

496.4
998.7
44.0

do

Gypsum products sold or used, quarterly total:
Uncalcined uses
short tons
Industrial uses
Building uses:
Plasters:
Base-coat
All other (inch Keene's cement) _
Lath
Wallboard
All other O

l
f Revised.
*> Preliminary.
Data for January-June 1956 exclude exports of passenger-car inner tubes; such exports averaged 27,000 per month in 1955.
cfData for 1954 for production, shipments, and stocks have been revised. Unpublished revisions (for January-May) are available upon request.
O Comprises sheathing, formboard, tile, and laminated board.
NOTE FOE MANMADE FIBERS AND MANUFACTURES, p. S-39.—Fiber production (representing complete industry coverage) is according to data compiled by Textile Economics Bureau, Inc.; the total includes production of textile glass fiber, not shown separately. Noncellulosic fibers cover types other than textile glass; they include acrylic, nylon (polyamide),
polyester, saran, protein, and others.
Data for imports, exports, and for production of broad woven fabrics (industry totals) are compiled by U. S. Department of Commerce, Bureau of the Census. Manmade fabric production
comprises, in addition to items shown separately, broad woven fabrics of 100-percent glass, of saran monofilament, acrylic, and polyester fibers, and of paper, etc. Silk fabric production comprises broad woven fabrics of 100-percent silk and of silk mixtures.
Statistics for 1955 are shown in the October 1956 SURVEY, p. S-38.




SUEVEY OF CUEEENT BUSINESS

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

1956
June

July

S-39

'

DecemAugust SeptemOctober November
ber
ber

1957
January

February

March

April

May

June

July

TEXTILE PRODUCTS
APPAREL
Hosiery, shipments
- -- thous. of dozen pairs _
Men's apparel, cuttings:*!
Tailored garments:
Suits
thous. of units
Overcoats and topcoats - - -- do__
Trousers (separate), dress and sport..
do..
Shirts (woven fabrics) , dress and sport
thous. of doz_Work clothing:
Dungarees and waistband overalls
do
Shirts
-do ~
Women's, misses', juniors' outerwear, cuttings:
Coats
thous. of units
Dresses
do
Suits
do
Waists blouses, and shirts
thous. of doz

10,097

13,012

12,494

14 194

14 006

10816

12 126

11 628

12 394

11 099

11 103

11, 316

1, 925
i 570
i 5, 760

984
308
3,792

1,860
540
4,992

i 1, 935
i 550
i 5, 040

1 816
444
4,800

i 2 090
i 350
i 4, 500

1 6S8
260
4 224

2 068
248
5 520

1 820
244
5,136

1 888
308
5 472

i 2 045
1365
i 5, 640

1 820
416
5,520

1 604
384
5,328

i 1, 775

1,280

1, 852

i 1, 905

1,948

i 1 950

1290
1405

208
280

292
388

i 240
i 345

244
364

2,054
21, 236
864
983

2,398
16, 828
1, 107
1,033

2,948
20, 807
1,150
1,318

2.527
17, 044
813
983

405

1,510

5,524

11,967
1

1 600

2 020

1,884

1 792

i 1, 735

1, 576

1,524

200
305

168
228

248
288

256
308

252
304

i 265
1325

252
304

220
288

2,998
21, 543
913
1,366

2 236
20, 147
1 101
1,108

1 631
17 306
917
846

2 317
21, 277
1 347
1,194

2 391
21, 709
1 411
1,246

3 174
26, 424
1 257
1,338

1,431
1,204
27, 189 r 27, 884
676
454
1,154
1,208

1,906
19, 816
679
1,180

9,718

12 380

12 815

313 088

1
1

COTTON
Cotton (exclusive of linters) :
Production:
Ginnings§
thous of running bales
Crop estimate, equivalent 500-lb. bales
thous of bales 1
809,814
Consumption^
bales
Stocks in the United States, end of month,
totalf
thous. of bales . r 14, 937
r 14, 899
Domestic cotton total
do
' 509
On farms and in transit
do
r 13, 270
Public storage and compresses
do
r 1, 120
Consuming establishments
do
38
Foreign cotton total
do
Exports!
- - --- bales _ 237, 722
4,452
Imports^
do
32.3
Prices (farm), American upland
cents per lb__
Prices wholesale middling, 1", average 14 mar36.4
kets A
- - -- cents per Ib _
Cotton linters:
138
Consumption
thous. of bales. .
44
Production
do
1,095
Stocks end of month _
do

2

4

232

13 151

4

7 11,897

547, 480

686, 275 1 822, 180

732, 319

684, 366

13 310
690, 627 1807, 979

672, 756

649, 700

14, 540
14, 501
791
12, 835
875
39
134, 625
1,987
32.4

26, 256
26, 222
13, 146
12, 303
773
34
423, 297
3,555
31.1

24, 983
24, 954
9,804
14, 272
878
29
505, 019
22, 278
32.5

23, 602
18 768
17, 390
22, 224
20, 909
18 734
23, 569
17 345
22 193
20 878
1, 638
6,269
1,911
3,845
2,890
14, 031
15 204
16, 169
16 935
16 442
1,676
1 131
1 619
1 413
1 547
45
33
' 35
31
30
596, 685 537, 181 939, 080 790, 636 807, 868
7, 101
13, 285
10 341
1,514
844
30.2
30.2
31.9
31.0
31.9

14, 491
15,911
14, 448
15 867
1,080
1,157
11, 877
13, 080
1,490
1 630
43
44
786, 740 602, 989
3,412
9,851
30.6
29.8

13, 240
13, 200
992
10, 829
1,379
39
659, 857
5,349
31.5

12, 108
12, 074
798
10, 049
1,227
34
525, 108

31.9

32.3

35.3

33.0

33.1

33.2

33.2

33.2

33.4

33.8

33.8

33.9

33.9

34.0

34.0

135
36
998

155
53
855

130
157
872

155
216
935

129
202
969

127
171
979

128
187
991

113
152
1,000

118
124
985

104
85
967

105
70
924

92
44
842

« 2, 621
40, 429
15, 508

29, 189
13,615

37, 625
13, 884

2,357
39, 912
10, 552

45, 778
11, 903

43 800
10, 404

2,538
47 289
11, 227

46 058
11, 430

43, 196
11, 925

f 2, 506
58, 523
11, 972

46, 606
11, 798

47, 780
11, 329

47, 990

28.54
36.4
16.0
17.8

28.92
36.4
15.9
17.4

30.18
36.4
15.8
17.0

29.68
36.4
15.7
16.8

30.75
36.4
16.3
17.3

30.37
36 4
16 1
17 3

29.80
36 4
15 9
17 3

29.19
36.4
15.9
17.0

28.31
36. 4
15.9
17.0

28.01
36.4
16.0
16.8

27.65
36.4
16.0
16.5

27.03
36.4
15.9
16.3

26.81
p 36. 4
p 15.8
v 16.0

.693
.965

.686
.958

.684
.958

.680
.953

.691
.971

691
.971

687
.963

.684
.959

.676
.951

.669
.920

.662
.918

.662
.914

r> 662
p. 918

20, 454
18, 918
111,457
458
1 10, 662
i 130. 6

20, 557
19, 019
7,716
386
7,131
110.1

20, 465 20, 308
18, 912
18, 780
9,544 i 11, 436
477
457
8,849 i 10, 678
137.4 i 131.8

20 231
20 237
18, 725
18 786
8 681 i 11, 599
464
434
8 062 i 10 790

20, 161
18, 639
9,411
471
8,749

19, 929
19, 985
18, 365
18, 457
9,400 i 11, 281
451
470
8,731 i 10, 461

19, 781
18, 246
9,223
461
8,533

19 740
18, 174
9,088
454
8,396

1,456
1,483
90
6,636

1,614
1,969
75
5,937

384.6
166.2
87 5
106.3
1,566
1,710
101
6,269

1,599
2,602
196
6,826

123.3
67.5
55.8

120.8
67.0
53.8

115.8
63.7
52.1

.863
.316

.863
.316

.863
.316

15, 522

491, 489
353, 882
61, 237
15, 385

1

880, 549 631 507 !840 567

COTTON MANUFACTURES
Cotton cloth:
Cotton broad woven goods over 12 Inches in width,
production quarterly!
mil of linear yd
Exports
thous of so yd
Imports?
- do
Prices, wholesale:
Mill margins
-cents per lb_
Denim white back 28-inch 8 oz/yd cents per yd
Print cloth 39-inch 68 x 72
do
Sheetin" class B 40-inch 48 x 44-48
do
Cotton yarn' natural'stock, on cones or tubes:
Prices, wholesale, f. o. b. mill:
20/2 carded weaving
dol per Ib
36/2* combed knitting
.do
Spindle activity (cotton system spindles) :f
Active spindles last working day total
thous
Consuming 100 percent cotton
do
Spindle hours operated all fibers total mil of hr
Average per working day
do
Consuming 100 percent cotton
do
Operations as percent of capacity^

20, 343 20 289
18, 839
18, 786
9,847 i 11, 952
492
478
9,162 1 11,145

26.75

MANMADE FIBERS AND MANUFACTURES
397.6
Fiber production quarterly total* 9
mil oflb
183.3
Ravon and acetate* Filament yarn
do
97.8
Staple plus tow
do
94.0
Noncellulosic (nylon acrylic protein etc )
do
« 1, 727
Exports* Yarns and monofilaments*
thous oflb
5 1, 392
Staple, tow and tops*
do
329
Imports* Yarns and monofilaments*
do
6,926
Staple tow and tops*
do
Rayon and acetate:
118.9
Stocks, producers', end of month, totaL.mil. of lb__
64.0
Filament yarn
_
do
54.9
Staple (incl. tow)
do
Prices, rayon, viscose:
.863
Yarn, filament, 150 denier
dol per Ib
.316
Staple 1 5 denier
do
Manmade broad woven fabrics:
557, 080
Production quarterly total* Q thous of linear yd
409, 468
Ravon and acetate (excl tire fabric)
do
70, 418
Nylon and chiefly nylon mixtures
do
17, 696
Exports piece goods*
thous of sq yd
SILK

12, 633

2,021
1,871
125
9,203

443.2
195 0
103 7
121.1
3,074
3,403
205
8,454

2,656
3,057
109
7,402

104.6
58.2
46.4

105. 6
59.2
46.4

111.3
62.6
48.7

116.7
64.3
52.4

.910
.316

.910
.316

.910
.291

11,896

559 786
363, 443
85, 631
19, 156

1,264
1 360
103
5,745

423.4
183 9
102 7
109.7
1,993
3,054
122
10, 289

1,473
3,450
86
9,485

109.2
61.1
48.1

106.3
62.2
44.1

107.5
62.2
45.3

.863
.316

.863
.316

.880
.316

13, 404

555, 919
380, 428
73, 999
17, 478

16, 136

13, 836

436.2
181 6
98 3
126 3

6 55 5
6 32 8

122. 7
'67.2
55.5

125.6
69.7
55.9

124.4
69.7
54.7

.910
.291

.910
.291

P. 910
p. 291

15, 250

15, 307

14, 515

2,411
2, 568
201
6,789
r

774
1,123
954
874
1,188
1,059
524
781
778
1,180
1,193
513
Imports, raw
. . thous. of lb_
4.53
4.64
4.41
4.44
4.55
4.57
4.53
4.54
4.63
4.57
4.49
p4. 52
4.60
Price raw A A, 20-22 denier
dol. per Ib
8,553
8,359
8,490
9,116
Production, fabric, otrlv. total*, 'thous. of linear vd._
l
2
••Revised.
p Preliminary.
Data cover a 5-week period.
Ginnings to December 13.
3 Ginningsto January 16.
* Total ginnings of 1956 crop.
6
Data for January-June 1956 exclude certain exports which are included for other periods:
(Yarns) excludes thread and handwork yarns which averaged 24,000 Ibs. per month in 1955; (staple,
6
etc.) excludes sliver, tops, and roving which averaged 33,0001 bs. per month in 1955.
Data for month shown.
i August 1 crop estimate.
IData for June, September, and November 1956 and January and April 1957 cover 5-week periods (except data for men's apparel cuttings for January 1957 which cover 4 weeks) and for other
months, 4 weeks; cotton stocks and number of active spindles are for end of period covered.
§Total ginnings to end of month indicated, except as noted.
^Scattered revisions for 19541955 will be shown later.
AEfTective
August 1, 1956, middling I" became the base quality for spot cotton quotations, replacing middling lY\s". Comparable prices for 1", back to August 1951, are available upon
a
request.
Revision for 1st quarter 1956: 2,755 mil. linear yards.
cfThe operation rate is calculated on a 5-day, 80-hour week without any adjustment for holidays. Current data are withheld pending a revision of the series.
*New series. See descriptive note at bottom of p. S-38 for sources; data for 1955 are shown in the October 1956 SUBVEY, p. S-38.
9 Includes data not shown separately.




SURVEY OF CURRENT BUSINESS

S-40
Unless otherwise stated, statistics through 1954 and
descriptive notes are shown in the 1955 edition of
BUSINESS STATISTICS

August 1057

1956
June

July

August

1957

Septem- October Novem- December
ber
ber

January

February

March

April

May

June

21, 321
r 9, 552
15, 094
7,576

21, 602
8,263

July

TEXTILE PRODUCTS—Continued
WOOL AND MANUFACTURES
Wool consumption, mill (clean basis):!
i 27, 840
Apparel class
thous. of Ib
i 11,817
Carpet class
do
18, 393
Wool imports, clean content
do
8,065
Apparel class (dutiable), clean content
do
Wool prices, wholesale, raw, clean basis, Boston:
1.295
Territory, 64s, 70s, 80s
dol. p e r l b _ _
1.039
Bright fleece 56s-58s
do
1.375
Australian, 64s, 70s, good topmaking, in bond__do
Knitting yarn, worsted, 2/20s-50s/56s, Bradford system,
1.856
wholesale price
dol. per lb_
Woolen and worsted woven goods, except woven felts:
o 87, 894
Production quarterly total
thous oflin.yd
o 85, 147
Apparel fabrics total
do
« 84, 713
Other than Government orders total
do
a 42, 822
Men's and boys'
_ do
o 41, 891
"Women'^ and children's
do
« 2, 747
Nonapparel fabrics total
do
Prices, wholesale, suiting, f. o. b. mill:
113.2
Flannel men's and boys'
1947-49=100
97.3
Gabardine women's and children's
- do. _

20, 848
7,147
18, 893
8,131

23, 858
12, 178
19, 688
8,034

i 25, 549
i 13, 426
15, 209
5,360

23, 677
12, 825
19, 034
5,657

i 24, 968
i 11,547
14, 417
5,324

20, 696
10, 728
14, 592
6,817

1
26, 531
1 14, 863
24, 285
10, 506

22, 276
13, 376
21, 617
9,746

21, 482
12, 654
22, 544
9,114

1
25, 159
i 14, 359
18, 730
8,308

1.312
1.045
1.412

1.341
1.045
1.425

1.381
1.069
1.425

1.475
1.131
1.425

1.525
1.168
1.450

1.625
1.195
1.525

1.625
1.195
1.525

1.625
1.188
1.575

1.622
1.170
1.575

1.645
1.181
1.575

1.675
1.270
1.595

1.675
1.271
1.625

1.869

1.880

1.891

1.963

1.997

2.045

2.117

2.117

2.092

2.069

2.166

P 2. 166

117.2
97.3

118.0
97.3

'662
2, 548.0
220

580
2, 104. 0
203

79, 975
77, 393
76, 770
37, 753
39 017
2,582

112.9
97.3

112.9
97.3

112.9
97.3

76, 383
73, 375
71, 935
36, 497
35 438
3,008

112.9
97.3

114.0
97.3

114 0
97.3

r

1. 675
1.272
1.625

77, 336
73, 380
72, 082
37, 032
35, 050
3,956

115.4
97.3

115.6
97.3

115.6
97.3

117.2
97.3

TRANSPORTATION EQUIPMENT
AIRCRAFT
Civil aircraft (complete), shipments
Airframe weight
Exports cT

-

number
thous. of Ib
number

507
648
1, 460. 8 1, 162. 3
130
150

681
613
1, 600. 7 1, 389. 2
148
143

508
1, 583. 6
185

472
1, 550. 7
138

563
1, 413. 7
137

584
1, 574. 9
112

523
1, 554. 0
146

665
1, 615. 6
183

642
1, 871. 6
207

647,414 ' 639, 886 r 591, 039 "2591,000
p23is
M62
506
'389
-309
332
410
541,733 537, 112 4 496, 329 p2495.900
526, 310 522, 759 484, 840
105,175 102, 312 ' 94, 321^294, 800
76. 859
84, 410
82, 930

T

MOTOR VEHICLES
Factory sales, total
Coaches, total
Domestic
Passenger cars, total
Domestic
Trucks, total
Domestic
Exports, tota!0
Passenger cars
Trucks and buses©

__

_

_

Truck trailers, production, total
Complete trailers
Vans
__
Trailer chassis
Registrations:
New passenger cars
New commercial cars

numberdo
do
do
do
do
do

538, 052
503
471
445, 758
433, 859
91. 791
73, 463

522, 018
307
220
440, 980
429, 813
80, 731
63, 044

503, 276
429
397
417, 020
410, 164
85, 827
68, 809

275, 555
368
364
203, 888
202, 159
71, 299
56, 852

445, 122
298
291
352, 140
341, 779
92, 684
77, 533

667, 187
233
186
576, 708
556, 931
90, 246
74, 870

700, 740
228
103
617, 599
598, 394
82, 913
66, 123

719, 431
269
257
628, 045
610, 678
91,117
73, 208

662, 028
238
234
570, 023
556, 930
91, 767
73, 693

677, 778
341
307
585, 734
569, 242
91, 703
73, 523

do
do
do

31, 483
14, 146
17, 337

25, 881
9,339
16, 542

26, 179
7,078
19, 101

20, 596
4,583
16, 013

19, 050
5,630
13, 420

23, 445
13, 139
10, 306

43, 522
21, 643
21, 879

30, 258
14, 751
15, 507

23, 534
10, 638
12, 896

43, 724
18, 673
25, 051

34, 729
14, 029
20, 700

34, 956
14,635
20, 321

28, 306
10. 901
17, 405

do
do
do
do

6,929
6,489
3,684
440

5,188
4,927
2,793
261

6,000
5, 651
3,253
349

4,823
4,462
2,455
361

5,448
5,093
2,918
355

4,758
4,567
2,524
191

4, 153
3,982
2,078
171

5,032
4,783
2,625
249

5,090
4,832
2,654
258

5,555
5,263
2,608
292

5,536
5,278
2,580
258

5,574
5,316
2,665
258

5, 110
4,603
2, 364
507

__ do
do

539, 777
78, 501

534, 997
78, 404

568, 320
79, 831

421, 021
72, 420

424, 414
76 052

403, 948
66, 983

514,061
65, 698

437, 320
56, 979

438, 725
62, 129

572, 917
74, 668

548, 609
75, 438

556, 324
82, 308

517, 043
71, 335

5,607
3,318
3,261
2,289

5,370
3,143
3,117
2,227

5,525
2,944
2,783
2,581

3,458
1,835
1,821
1,623

5,666
3,728
3,728
1,938

6,740
4,367
4,322
2,373

7,260
4,272
4,272
2 988

8,403
4,686
4,686
3,717

8,184
4,576
4,576
3,608

9,772
5,611
5,611
4,161

8,961
5,198
5,198
3,763

8,902
5,202
5,124
3,700

8,568
4,820
4,629
3,748

758
737
40
36

729
715
29
22

681
672
48
43

715
700
46
42

706
684
26
25

791
679
5
5

842
724
9
5

840
728
9
3

832
732
23
11

836
739
6
3

825
732
11
7

789
727
41
6

738
722
65
17

1,704
77
4.5
109, 051
47, 955
61,096

1,704
74
4.4
106, 739
46, 246
60, 493

1,704
70
4.1
109, 079
49, 875
59, 204

1,703
68
4.0
111,298
52, 470
58, 828

1,705
68
4.0
108, 327
49, 227
59, 100

1,708
68
4.0
103, 535
46, 982
56, 553

1,712
71
4.1
101, 611
45, 035
56, 576

1,716
72
4.2
100, 339
42, 921
57, 418

1,720
70
4.1
96, 589
38, 901
57, 688

1,724
75
4.4
92, 067
37, 691
54, 376

1,727
78
4.5
87,400
37, 427
49, 973

1,730
78
4 5
81, 758
34, 841
46, 917

740
16.5

721
16.6

737
17.3

529
13.6

586
15.3

553
15.1

514
14.6

595
17.3

562
16.6

580
17.5

596
18 2

580
18 3

849

739

737

728

743

814

787

867

747

693

582

462

73

57

52

63

97

101

69

49

79

64

37

62

RAILWAY EQUIPMENT
American Railway Car Institute:
Freight cars:
Shipments, total
number. _
Equipment manufacturers, total _
do
Domestic
do
Railroad shops, domestic
do
Passenger cars, equipment manufacturers:
Orders unfilled, end of month total
do
Domestic
__
do
Shipments, total
do
Domestic
do

Association of American Railroads:
Freight cars (class I), end of month: §
1,702
Number owned O
thousands
67
Undergoing or awaiting classified repairs do
3.9
Percent of total owned _
112, 226
Orders, unfilled©
number
49, 771
Equipment manufacturers
do
62, 455
Railroad shops
_
. __ do .
Locomotives (class I), end of month: 0
Steam, undergoing or awaiting classified repairs
772
number. _
16.8
Percent of total on line
Diesel-electric and electric: Orders, unfilled
796
number of power units..
Exports of locomotives, total

number.

52

r

' Revised.
» Preliminary.
i Data cover a 5-week period.
2 Preliminary estimate of production.
^ Data for June, September, and November 1956 and January and April 1957 cover 5-week periods; other months cover 4 weeks. Revisions for 1955 will be shown later.
cfExports revised beginning January 1954 to include 2 types of aircraft formerly classified as "special category" and therefore excluded from the total.
©Data beginning January 1956 include exports of "used" special-purpose vehicles not included in earlier data; exports of these types averaged 26 vehicles per month in 1955. Revisions
(number)-.Total—October 1954,22,216; 1955—January,38,743; September,23,190; October,23,397; December, 38,728; trucks, etc., October 1954, 15,859; 1955—January, 17,073; September, 13,421;
October, 14,542; December, 16,043.
§ Excludes railroad-owned private refrigerator cars.
©Data beginning December 1955 reflect reclassification of reporting roads to revised ICC list of class I line-haul railroads; comparability with earlier data, based on ownership, is affected by less than 1 percent.
« Revisions for 1st quarter 1956 (in order and in units shown above) are as follows: 82,709; 79,379; 78,537; 39,483; 39,054; 3,330.
NOTE: Beginning with the October 1956 SURVEY, figures for shipments of industrial trucks and tractors will be found on p. S-34 in the Machinery and Apparatus Section.




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 : 1 9 5 7

•INDEX TO MONTHLY BUSINESS STATISTICS, Pages S1-S40Pages marked S
Adds ........ ..............._____________24
Advertising .......... __ ..... ______________ 8,9
Agricultural employment ____________________ 11
Agricultural loans and foreign trade ___ 16, 17, 21, 22
Aircraft and parts______________2, 12, 13, 14, 15,40
Airline operations _________________________ 23
A Ecohol, denatured and ethyl _______________ 24
Alcoholic beverages_____________________2,6,8,27
A luminum _______________________________ 33
Animal fats, greases, and oils
--------------25
Anthracite ........ ______________ 11,13,14,15,34
Apparel ........... _ 2,3,6,8,9,10,12,13,14,15,39
A sphalt and asphalt products
--------------36
Automobiles ____ 2,3,8, 9, 12, 13, 14, 15, 16, 17, 22, 40
Bakery products _________ ...... __. 2, 12, 13, 14, 15
Balance of payments ______________________ 21
Banking_________________________________14,16
Barley
..............
_________
............
28
Barrels and drums ________________________ 32
Battery shipments ________________________ 34
Beef and veal _____________________________ 29
Beverages_________________2,6,8,12,13,14,15,27
Bituminous coal_________________11,13,14,15,35
Blast furnaces, steel works, etc ___________ 12, 14, 15
Blowers and fans ...... ____________________ 34
Bonds, issues, prices, sales, yields ________ 17, 19, 20
B ook publication __________________________ 37
Brass and bronze ..... _____________________ 33
Brick
.............
________
...........
____
38
okers' loans and balances
---------------16,19
ilding and construction materials ________ 8,9,10
ilding costs ____________________________ 8
Business incorporations, new _______________ 5
B usiness sales and inventories ______________ 3
Butter .......... _
......
----.............
27
(metal), closures, crowns
-------------32
loadings ______________________________ 23
tle and calves _________________________ 29
ement and concrete products ______________ 6,38
________ 6, 12, 13, 14, 15
ereals and bakery products ________
ain -store sales (11 stores and over only) ___
10
22, 24
6,30
Cigarettes and cigars
12
C vilian employees, Federal
6,38
" ay products (see also Stone, clay, etc.)
...... _____ 3,6,11,13,14,15,22,23,34,35
.......... _______________________ 22,29
flfee ............ _____________ ......... - 22,30
£bke ............. _______________________ 23,35
ommercial and industrial failures
---------5
ommunications ___________ 11, 13, 14, 15, 19, 20, 24
onfectionery, sales _________________ ..... _
29
Construction:
! Contracts awarded
---------------------7
j Costs ........... ____ .......... ........
8
Dwelling units __________________________ 7
i Employment, earnings, hours, wage rates. _
11,

Highways and roads
-------------------7,8,15
I New construction , dollar value ____________ 1,7
Consumer credit __________________________ 16, 17
C onsumer durables output, index ___________ 3
Consumer expenditures ____________________ 1,9
Consumer price index
---------------------6
per. _ _ _ _ _ _ _ _ _ __ __ — ___ — _ _ _ _ _ _ _ _ _ _ _ _ _ 22, 33
ra and coconut oil
--------------------25
C * ost-of-living (see Consumer price index)
......
6
Cotton, raw and manufactures________2, 5,6, 22,39
Cottonseed, cake and meal, oil
-------------25
< 1 redit, short- and intermediate-term ________ 16,17
Crops ........ __________________ 2,5,26,28,30,39
Crude oil and natural gas__________3,11,13,14,15
urrency in circulation ____________________ 18
B airy products____________2,5,6,12,13,14,15,27
febits, bank__ _________________ .......... 16
C ebt, United States Government ___________ 17
department stores ___________________ 9, 10, 11, 17
K eposits, bank ..... ________________ ..... _ _ 16,18
j isputes, industrial
----------------------13
E istilled spirits_____________________________27
Dividend payments, rates, and yields ------ 1, 19, 20
lp rug-store sales __________________________ 9, 10
welling units, new _______________________ 7
Earnings, weekly and hourly
--------------14, 15
ng and drinking places
----------------9, 10
s and poultry________________________2, 5, 29
tric power____________________________6,26
IS lectrical machinery and equipment
--------2,
3,6,12,13,14,15,19,22,34
Employment estimates and indexes __________ 11, 12
I C employment Service activities ______________ 13
-Engineering construction ___________________ 7,8
Expenditures, United States Government ---- 17
Explosives _______________________________ 25
Exports (see also individual commodities) ____ 21, 22
Express operations ________________________ 23
Failures, industrial and commercial __________ 5
Farm income, marketings, and prices ------ 1,2,5,6
Farm wages ______________________________ 15
If ats and oils, greases ____________________ 6,25 26
Federal business-type activities.. . ............. 17
Federal Government finance ________________ 17
Federal Reserve banks, condition of
--------16
Federal Reserve reporting member banks ---- 16
Fertilizers________________________________6,25
Fire losses
-------------------------------8
Fish oils andfish__________________________25,30
Flaxseed ...... _
.....
_____________________
26
Flooring
---------------------------------31
Flour, wheat ...... _______________________ 29
Food products
......
-------------------2,3,4 5,
6,8,9.10,12,13,14 15,18,22,27,28,29,30




Pages marked S
Foreclosures, real estate
8
Foreign trade indexes, shipping weight, value
by regions, countries, economic classes, and
commodity groups
21,22
Foundry equipment
34
Freight carloadings
23
Freight cars (equipment)
40
Freight-car surplus and shortage
23
Fruits and vegetables
5,6,22,28
Fuel oil.
__
35
Fuels
6,34,35
Furnaces
34
Furniture
2,3,6,9,10,12,14,15,17
Furs
22
Gas, prices, customers, sales, revenues
6,27
Gasoline
9,36
Glass products
38
Generators and motors
34
Glycerin
24
Gold
18
Grains and products
5,6,22,23,28,29
Grocery stores
9,10
Gross national product
1
Gross private domestic investment
1
Gypsum and products
. 6,38
Hardware stores
9
Heating apparatus
6,34
Hides and skins
6,22,30
Highways and roads
7,8,15
Hogs
29
Home Loan banks, loans outstanding
8
Home mortgages
8
Hosiery
39
Hotels
11,13,14,15,24
Hours of work per week
12,13
Housefurnishings
6,8,9,10
Household appliances and radios
3,6,9,34
Imports (see also individual commodities)
21,22
Income, personal
1
Income and employment tax receipts
17
Industrial production indexes
_ 2,3
Installment credit
16,17
Installment sales, department stores
10
Instruments and related products__2,3,12,13,14,15
Insulating materials
34
Insurance, life
18
Interest and money rates
16
International transactions of the U. S
21, 22
Inventories, manufacturers'and trade
3,4,10,11
Iron and steel, crude and manufactures
2,
6,8,12,14,15,19.22,32,33
Kerosene
Labor disputes, turnover
Labor force
Lamb and mutton
Lard
Lead
Leather and products

35
13
11
29
29
33
2,
3,6,12,13,14,15,30,31
Linseed oil
26
Livestock
2,5,6,23,29
Loans, real estate, agricultural, bank, brokers'
(see also Consumer credit)
8,16,17,19
Locomotives
40
Lubricants
36
Lumber and products
2,
3,4,6,8,9,10,12,14,15,18,31,32
Machine activity, cotton
39
Machine tools
34
Machinery
2,3,4,5,6,12,14,15,19,22,34
Magazine advertising
8
Mail-order houses, sales
11
Manmade fibers and manufactures
6,39
Manufacturers' sales, inventories, orders
3,4,5
Manufacturing production indexes
2,3
Manufacturing production workers, employment, payrolls, hours, wages
11,12,13,14,15
Margarine
26
Meats and meat packing
2, 5,6,12,13,14,15, 29
Medical and personal care
6
Metals
2,3,4,5,6,11,12,13,14,15,19,32,33
Methanol
24
Milk
27
Minerals and mining
2,3,11,13,14,15,19, 20
Monetary statistics
18
Money supply
18
Mortgage loans
8,16,18
Motor carriers
23
Motor fuel
36
Motor vehicles
6,9,19,40
Motors, electrical
34
National income and product
1
National parks, visitors
24
National security
1,17
Newspaper advertising
8,9
Newsprint
22,37
New York Stock Exchange, selected data
19, 20
Nonferrous metals
2,6,12,14,15,19, 22,33
Noninstallment credit
17
Oats
28
Oil burners
34
Oils and fats, greases
6,25,26
Orders, new and unfilled, manufacturers'
5
Ordnance
11,12,14,15
Paint and paint materials
6, 26
Panama Canal traffic
23
Paper and products and pulp
2,
3,4,6,12,13,14,15,18,36,37
Passports issued
24
Payrolls, indexes
12
Personal consumption expenditures
1,9
Personal income
1
Personal saving and disposable income
1

Pages marked S
Petroleum and products
2,
3,6,12,13,14,15,19, 22,35,36
Pig iron
32
Plant and equipment expenditures
2,19
Plastics and resin materials
_
26
Plywood
32
Population
!_!!!!!!
11
Pork
29
Postal savings
16
Poultry and eggs
2,5,29
Prices (see also individual commodities):
Consumer price index
6
Received and paid by farmers
!_
5
Retail price indexes
6
Wholesale price indexes
!_
6
Printing and publishing
2,3,12,13,14,15,37
Profits, corporation
_
1,18,19
Public utilities. _
_
_
2,
6,7,11,13,14,15,18,19,20,26,27
Pullman Company
24
Pulp and pulpwood
!!!_!!!
36
Pumps
34
Purchasing power of the dollar..!."""!"!
7
Radiators and convectors
_
34
Radio and television
3,6,8,34
Railroads
2,11,12,13,14,15,19, 20,23,40
Railways (local) and bus lines
11,13,14,15, 23
Rayon and acetate
39
Real estate
8,16
Receipts, United States Government
!!!_
17
Recreation
6
Refrigeration appliances, output
34
Rents (housing)
_
6,9
Retail trade, all retail stores, chain stores (11
stores and over only), general merchandise,
department stores
3,5,9,10,11,13,14,15,17
Rice
28
Roofing and siding, asphalt
36
Rubber (natural, synthetic, and reclaimed),
tires and tubes
6,22,37,38
Rubber products industry, production index,
sales, inventories, prices, employment, payrolls, hours, earnings
2,3,4,6,12,13,14,15
Rye
28
Saving, personal
1
Savings deposits
16
Securities issued
19
Services
1,9,11,13, 14,15
Sewer pipe, clay
38
Sheep and lambs
29
Ship and boat building
12,13, 14,15
Shoes and other footwear._ 6,9,10,12,13,14, 15,31
Shortening
26
Silk, imports, prices, production
6,39
Silver
18
Soybeans and soybean oil
!!!!!!!_
26
Spindle activity, cotton
39
Steel ingots and steel manufactures (see also
Iron and steel)
__ 2, 32,33
Steel scrap
32
Stocks, department stores
11
Stocks, dividends, prices, sales, yields, listings_
20
Stone, and earth minerals
3
Stone, clay, and glass products
2,
3,4,12,14,15, 19,38
Stoves
34
Sugar.
22,30
Sulfur
Sulfur.
25
Sulfuric acid
24
Superphosphate..
25
Tea
30
Telephone, telegraph, cable, and radio-telegraph carriers
11,13,14,15,20, 24
Television and radio
3,6,8,34
Textiles
2,
^
3,4,6,12,13,14,15,18,22,39,40
Tile
_________
'38
Tin
22,33
Tires and inner tubes
6,9,10,12,13,14,15,38
Tobacco and manufactures. _
2,
^
3,4,5,6,8,12,13,14,15,22,30
Tools, machine
34
Tractors
22,34
Trade, retail and wholesale
3,
„,
.
5,9,10,11,13,14,15,17,20
Transit lines, local
23
Transportation and transportation equipment
2,
3,4, 5, 6, 9,11,12,13,14,15,19, 23, 24,40
Travel
24
Truck trailers
!!!!!!!!_!!!!!!!!!!
40
Trucks
!!!!!!!! 2,34,40
Unemployment and compensation
_ 11,13
United States Government bonds. _ 16,17,18,19, 20
United States Government
finance
_
17
Utilities..
__ 2,6, 7,11,13,14,15,19, 20, 26, 27
Vacuum cleaners
Variety stores
Vegetable oils
Vegetables and fruits
Vessels cleared in foreign trade
Veterans' benefits

34
9,10
_ 25,26
5,6,22,28
23
!!_ 13,17

Wages and salaries
1,14,15
Washers
34
Water heaters
34
Wax
36
Wheat and wheat
flour
28,29
Wholesale price indexes
6
Wholesale trade
3, 5,11,13,14,15
Wood pulp
36
Wool and wool manufactures
2,5,6,22,40
Zinc.

33

UNITED STATES
GOVERNMENT PRINTING OFFICE
DIVISION OF PUBLIC DOCUMENTS
WASHINGTON 25, D. C.

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PAYMENT OF POSTAGE, $3OO
(GPO)

OFFICIAL BUSINESS

First-Class Mail

A
Supplement
to the
Survey
Current
business

TAT
SINCE

1929

* FIRST COMPREHENSIVE ACCOUNT OF THE WIDELY USED STATE INCOME SERIES
* PERSONAL INCOME BY STATE, BY TYPE, AND BY INDUSTRY—SINCE 1929
* ANALYSIS OF GEOGRAPHIC INCOME CHANGES

•

PROCEDURES AND DEFINITIONS

THIS 1957 VOLUME—229 pages, quarto, illustrated, $1.50—is available from the Superintendent of Documents, U. S.
Government Printing Office, Washington 25, D. C., as well as at all Field Offices of the U. S. Department of Commerce.